nubbins`: dan deacon is pretty good, have a listen to "bromst"
ozbot: Dan Deacon - Build Voice - (1 of 11) - YouTube
assbot: [MPEX] [S.MPOE] 1878 @ 0.00094953 = 1.7832 BTC [-]
Mats_cd03: not bad
benkay: whatcha doing with the new printer, nubbins` ?
nubbins`: we occasionally get requests for color digital prints, and it's a pain having to outsource it
benkay: nice! capture more of that value stream.
assbot: [HAVELOCK] [B.MINE] 6 @ 0.05323 = 0.3194 BTC [-] {2}
nubbins`: yeah
nubbins`: got a CIS kit on the way for it too
assbot: [HAVELOCK] [B.MINE] 8 @ 0.05323 = 0.4258 BTC [-]
KRS-One: Maybe such a position gets a complementary (gratis, free) Trilema credits or membership?
benkay: choo going on about, KRS-One?
nubbins`: which position is this
KRS-One: Trilema support.
benkay: oh
benkay: access to the murderous purplesquirt, i think
KRS-One: Only thing free otherwise is
KRS-One: .bait
ozbot: http://31.media.tumblr.com/cee51a34672b1b88c22de04ca3df30a6/tumblr_mes6ctZd4x1rrqd70o1_1280.jpg
KRS-One: Marginal porn at that. Ie: Playboy.
ozbot: BitBet - S.MG above 2x par on October 1st, 2014
nubbins`: not much traction, maybe i was too stingy with the terms
chetty: methinks its time, people don't like to make bets so far off
benkay joins #eulora
nubbins`: true
assbot: [MPEX] [S.MPOE] 2728 @ 0.00094987 = 2.5912 BTC [+]
benkay: ;;later tell AusBitBank didja know your nick's being squatted? see WoT.
gribble: The operation succeeded.
assbot: [MPEX] [S.MPOE] 3873 @ 0.00094953 = 3.6775 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00094953 = 0.9495 BTC [-]
assbot: [MPEX] [S.MPOE] 4900 @ 0.00094953 = 4.6527 BTC [-]
KRS-One: .bait
benkay: .bait
benkay: i'll take two.
benkay: ;;later tell mircea_popescu the army only ever answered to nell btw
gribble: The operation succeeded.
benkay: hey here's a weird thought
benkay: maybe a suggestion
benkay: i haven't had time to investigate this in depth, but don't use the same keys for different altcoins.
assbot: [HAVELOCK] [AM100] 150 @ 0.00649995 = 0.975 BTC [+] {4}
benkay: 'cause i don't know if there's anything chain-specific to transactions
nubbins` ponders this over pale lager
benkay: might end up accidentally opening that address on other chains up to transferring its contents to the address corresponding to your target addr on the other chain
nubbins`: you're saying, for example, someone creates an ATC tx and accidentally executes it on the BTC network instead?
benkay: ah, no not possible
benkay: addresses encode the network.
benkay: 1xxx is bitcoin, Li is litecoin, Dxxxx is doge
benkay: etc etc etc
benkay: although, nubbins`, you might be able to force the issue with pay-to-pubkey-hash
benkay: pay-to-pubkey-hash might still let the
ozbot: Transactions - Bitcoin
KRS-One: ;;seen vexual
gribble: vexual was last seen in #bitcoin-assets 3 weeks, 4 days, 6 hours, 6 minutes, and 30 seconds ago: <Vexual> lasers in the eye is never good tat
nubbins`: oh yeah, vexual
benkay: well that's enough research for the night.
KRS-One: that cunt must be on vacation
KRS-One: ;;google australian cunt
gribble: Cunt - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Cunt>; Appendix:Australian English terms for people - Wiktionary: <http://en.wiktionary.org/wiki/Appendix:Australian_English_terms_for_people>; Urban Dictionary: Sick Cunt: <http://www.urbandictionary.com/define.php?term=Sick%20Cunt>
assbot: [HAVELOCK] [B.MINE] 4 @ 0.05223851 = 0.209 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.648 BTC [+]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.05405859 = 0.2703 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.6489999 BTC [+]
MisterE: "A recent study by the Standish Group, a firm in Boston that researches failures, found that only 5 percent of large federal IT projects in the last decade fully succeeded. Of the rest, 41 percent were failures, canceled before they were turned on."
assbot: [MPEX] [S.MPOE] 29250 @ 0.00095085 = 27.8124 BTC [+] {6}
chetty: MisterE, cool more than half worked ...maybe
VanCleef: question
VanCleef: is 10 thousand billion the same as 10 trillion dollars?
MisterE: y
benkay: does anyone have a link to the Kraken "oops we dropped 600 BTC on the flor"?
benkay: "floor*" post?
assbot: [HAVELOCK] [AM1] 22 @ 0.64986816 = 14.2971 BTC [+] {9}
assbot: [HAVELOCK] [AM1] 17 @ 0.65929293 = 11.208 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 7000 @ 0.00095168 = 6.6618 BTC [+]
benkay: something better than this, plz: and telling customers to get fucked.
ozbot: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC, XDG
benkay: man my kill ring is bolloxed tonight
assbot: [HAVELOCK] [AM1] 21 @ 0.66880951 = 14.045 BTC [+] {4}
benkay: ah nm, that's basically as good as it gets.
assbot: [HAVELOCK] [AM1] 31 @ 0.68632834 = 21.2762 BTC [+] {9}
assbot: [HAVELOCK] [AM1] 11 @ 0.69428363 = 7.6371 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 16100 @ 0.00094953 = 15.2874 BTC [-]
assbot: [HAVELOCK] [AM100] 22 @ 0.0065 = 0.143 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 50 @ 0.0065 = 0.325 BTC [+]
assbot: [HAVELOCK] [AM100] 36 @ 0.0065 = 0.234 BTC [+]
assbot: [HAVELOCK] [AM100] 30 @ 0.0065 = 0.195 BTC [+] {2}
VanCleef: why are people buying asicminer? may as well keep sending coins to gox
assbot: [HAVELOCK] [AM1] 1 @ 0.6808 BTC [-]
benkay: how's the water, VanCleef?
VanCleef: water?
assbot: Last 4 lines bashed and pending review. (http://dpaste.com/1753882/plain/)
benkay: !b 4
VanCleef: mmmk
ozbot: Charlie King Coaching » “How’s the water, boys?”
benkay: disregard everything after the first pp
VanCleef: righ t o
benkay: from -dev
benkay: <phantomcircuit> the better solution is to create a new "key" type that stores
benkay: the raw byte array
benkay: <phantomcircuit> but that sounded like actual work so i didn't do it
benkay: ;;later tell mircea_popescu ^^
gribble: The operation succeeded.
benkay: have lamassu shipped any of their ATMs?
VanCleef: yeh
jurov: benkay: yes
jurov: but the owner is complaining since
jurov: and they are out of order often
benkay: complaining about?
assbot: [HAVELOCK] [PETA] 45 @ 0.07032393 = 3.1646 BTC [-] {7}
assbot: [HAVELOCK] [AM1] 4 @ 0.68867475 = 2.7547 BTC [+] {4}
jurov: he wants the machine to sell euros immediately on the exchange, they are unable to deliver that feature
jurov: then there was a bug where it would eat your money without giving btc
jurov: were very slow to fix, too
jurov: and some other probs the owner did not explain deeper
assbot: [HAVELOCK] [PETA] 26 @ 0.06917692 = 1.7986 BTC [-] {6}
assbot: [HAVELOCK] [AM1] 3 @ 0.694 = 2.082 BTC [+]
benkay: ty jurov
benkay: you are a perpetual wealth of information
chetty: from a friend on a forum: " but just visiting vircurex gets my system hacked, with 100% certainty"
assbot: [HAVELOCK] [AM100] 51 @ 0.00671398 = 0.3424 BTC [+] {5}
Mats_cd03: lol
assbot: [HAVELOCK] [DEALCO] 32 @ 0.0043003 = 0.1376 BTC [-] {4}
assbot: [HAVELOCK] [NEOBEE] 211 @ 0.00303215 = 0.6398 BTC [-] {6}
assbot: [HAVELOCK] [NEOBEE] 64 @ 0.00303004 = 0.1939 BTC [-]
assbot: [MPEX] [S.MPOE] 5396 @ 0.00095168 = 5.1353 BTC [+]
assbot: [HAVELOCK] [DEALCO] 27 @ 0.0043 = 0.1161 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.689 BTC [-]
assbot: [HAVELOCK] [AM1] 5 @ 0.693004 = 3.465 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 18 @ 0.69166888 = 12.45 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 8817 @ 0.00095168 = 8.391 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 10066 @ 0.0009528 = 9.5909 BTC [+]
assbot: [MPEX] [S.MPOE] 134 @ 0.0009528 = 0.1277 BTC [+]
dexX7: am to teh moon!
VanCleef: yeh for some strange reason
VanCleef: reallyoverpriced
dexX7: "strange"
dexX7: "The first wafers were out in March 22th. The engineering batch of packaged chips will be out in March 28th. After that we can immediately start testing on functionality and power consumption."
davout: good morning!
mircea_popescu: heya
dexX7: hi
assbot: [HAVELOCK] [AM1] 1 @ 0.69 BTC [-]
mircea_popescu: dexX7 what's strange about that ?
dexX7: nothing - that's the point
dexX7: ah you missed "<VanCleef> yeh for some strange reason"
mircea_popescu: a a
VanCleef: but even .6 btc really overpriced
VanCleef: will take you 6 years to make back roi
VanCleef: and am is hardly mining anymore they will just be selling chips
dexX7: ;;calc 400000*0.6
gribble: 240000
mircea_popescu: what do the chips do, i forget. 3gh ?
dexX7: ;;calc 6*24*365*25
gribble: 1314000
VanCleef: is it worth it dexX7 ?
dexX7: ;;calc 240000/1314000
gribble: 0.182648401826
dexX7: 18 % network hashrate over one year needed
VanCleef: they wont achieve that because i dont think they are even mining, just selling chips
mircea_popescu: dexX7 mind commenting that calc sowe can follow at home ?
dexX7: okay.. there are 400k am shares, so to make 0.6 btc per share you'd need 240000 btc in total
dexX7: over one year there can be 1314000 btc mined
mircea_popescu: oh oh i see
mircea_popescu: i thought you were somehow calcing the chips roi
mircea_popescu: VanCleef the 18% is of the total hashes hashed by the network over your arbitrary interval
mircea_popescu: not necessarily of the hashpower.
dexX7: about the chips: "Rated Hashrate: 12.8GHash/s per chip" + "Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage" + "0.49$/G-0.99$/G, depending on order size and delivery speed of choice."
mircea_popescu: if they average 3% over the next 6 years then they made the 18% in question as it were
VanCleef: yeh
mircea_popescu: ok let's then math this.
dexX7: yea well, the math is biased and doesn't factor in any expenses
mircea_popescu: ;;gen 12800000
gribble: Error: "gen" is not a valid command.
mircea_popescu: ;;genrate 12800000
gribble: The expected generation output, at 12800000.0 Mhps, given difficulty of 4250217919.87, is 1.51455843716 BTC per day and 0.0631066015484 BTC per hour.
mircea_popescu: meh it got moved to mhps huh
mircea_popescu: ;;calc 1.51455843716 * 550
gribble: 833.007140438
mircea_popescu: ;;calc 0.35 * 0.1 * 24 * 3600
gribble: 3024.0
mircea_popescu: o wait per Gh
mircea_popescu: ;;calc 0.35 * 0.1 * 24 * 3600 / 12.8
gribble: 236.25
mircea_popescu: well that's the end of the story.
mircea_popescu: .5 dollars a day (.833 dollars a day in mining revenue, .236 dollars a day in elec costs for chip only)
mircea_popescu: from which you have to repay 6 to 12.8 dollars for the chip + all other setup and fixed costs and make a profit.
mircea_popescu: obviously difficulty is still popping up, add in delivery and lead-in times and you're looking at a very tenuous bottom line
dexX7: interesting
VanCleef: so what's a fair share price for am atm?
mircea_popescu: maybe .2 - .3 ?
dexX7: 1 btc+ due to the hype
mircea_popescu: or that yeah
dexX7: oh you said "fair"
VanCleef: yeh .3 makes sense
mircea_popescu: depends what you mean by "Fair"
mircea_popescu: who could have imagined that one day chips able to do 12.8 gh/s were going to not be worth a dollar.
mircea_popescu: http://www.alternet.org/news-amp-politics/why-impact-us-sanctions-russia-going-be-exactly-zero
ozbot: Why the Impact of U.S. Sanctions on Russia Is Going to Be Exactly Zero | Alternet
mircea_popescu: mostly quoted for the "asia times by pepe escobar"
VanCleef: pepe escobar a name you can trust
dexX7: let's look at the competition. knc's neptune coming q2: "Minimum 3000GH/s" + "A 30% reduction in watts per GH" (currently about 1.6 w/gh afaik) + "$ 9,995.00"
mircea_popescu: dexX7 you don't see the whole competition
mircea_popescu: there are at least two manufacturers who are delivering but never bothered with the forum, at all.
VanCleef: "After the dotcom bubble and burst, they reinflated it with the real estate credit crisis bubble which also burst, now they've created the bubble of all bubbles its called the bailout bubble - The USA government launched bail outs, stimulus packages and guarantees to the tune of 10 trillion dollars. That's more than the total cost to the USA government for WW1, WW2, the Korean war, the Vietnam war, the invasion of Iraq and
VanCleef: scary
dexX7: hehe i'm not really following the mining stuff
mircea_popescu: dexX7 i don't mean you-you. i mean, "the community"
VanCleef: china is playing this really smart
VanCleef: good on them
VanCleef: nice
assbot: [HAVELOCK] [PETA] 46 @ 0.06836259 = 3.1447 BTC [-] {14}
assbot: [MPEX] [S.MPOE] 12000 @ 0.00095654 = 11.4785 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 1550 @ 0.00095661 = 1.4827 BTC [+]
mircea_popescu: Jon Gordon @JonGordon11 It's simple. The more you prepare the better you perform. This goes for sports, business, tests, speeches and life.
mircea_popescu: Mircea Popescu @JonGordon11 @johnsonwhitney And masturbation ?
mircea_popescu: i tell you, twitter is too damned easy. it's like being back in romania almost.
dexX7: you are not in romania?
mircea_popescu: well i hadn't been doing business with actual romanian corps (as opposed to foreign run subsidiaries) for a decade. i had not been hiring romanians. for the past year i've not been writing in romanian, either, which means i don't even read the press
assbot: [MPEX] [S.MPOE] 19900 @ 0.00095678 = 19.0399 BTC [+] {3}
mircea_popescu: practically i live on an extrateritorial acre or somesuch.
cazalla: i know of 2 romanian people - both put out daily content - the other being kripparrian
ozbot: [ANN] [ROCKMINER] IPO Announcement - miners using GEN3 ASICMINER chips
mircea_popescu: kripparian sounds armenian
cazalla: well, i believe he lives in canada
mircea_popescu: lolk
dexX7: https://www.kraken.com/security/audit "cryptographically-verified audit"
assbot: [MPEX] [S.MPOE] 15747 @ 0.00095715 = 15.0722 BTC [+] {2}
mircea_popescu: i dunno about that
mircea_popescu: after their appaling performance (showing the same deposit addresses to multiple users, losing hundreds of btc in the process)
mircea_popescu: and their appaling response to mpoe-pr (failing to fire the appaling pr, mt-gox-esque cover-up and denial)
mircea_popescu: i can't take anything of the sort other than more cover-up and more lying.
mircea_popescu: add more l's in there.
dexX7: hehe
dexX7: according to https://bitcointalk.org/index.php?topic=528432 kraken holds about 0.5 % more coins than required
mircea_popescu: well, each his own determination. i do not trust them, at all.
mircea_popescu: i had originally hoped maybe they actually come to something, but i was disabused of these notions.
dexX7: did they screw up in the past or did they screw up and tried to cover that?
mircea_popescu: the latter.
mircea_popescu: it's in their thread, look for mpoe-pr's posts
ozbot: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC, XDG
mircea_popescu: yea
mircea_popescu: tis how dargo's btc career ended one day.
mircea_popescu: (hint : just because your "employer" tells you to do something, it doesn't follow it's a good idea to do - either for them or for you)
dexX7: true
mircea_popescu: people just gotta use teh noggin a lot more, everywhere
assbot: [MPEX] [S.MPOE] 24543 @ 0.00095768 = 23.5043 BTC [+] {2}
jurov: http://www.tvp.info/14506221/duma-do-polskiego-msz-podzielmy-ukraine Zhirinovsky.Of course.
assbot: [HAVELOCK] [AM1] 4 @ 0.68999 = 2.76 BTC [-]
assbot: [MPEX] [S.MPOE] 3616 @ 0.00095483 = 3.4527 BTC [-]
assbot: [MPEX] [S.MPOE] 7200 @ 0.0009545 = 6.8724 BTC [-]
assbot: [MPEX] [S.MPOE] 8823 @ 0.00095294 = 8.4078 BTC [-]
jurov: kakobrekla, bitcoin-assets.com throws 503, subdomains work
assbot: [HAVELOCK] [NEOBEE] 1000 @ 0.003017 = 3.017 BTC [-] {12}
assbot: [MPEX] [S.MPOE] 5200 @ 0.0009528 = 4.9546 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 120 @ 0.0030121 = 0.3615 BTC [-]
assbot: [HAVELOCK] [AM100] 33 @ 0.006511 = 0.2149 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 9300 @ 0.00095188 = 8.8525 BTC [-] {2}
assbot: [HAVELOCK] [NEOBEE] 200 @ 0.00317699 = 0.6354 BTC [+] {3}
ThickAsThieves: So Rockxie is IPOing?
ThickAsThieves: hrm
ThickAsThieves: seems suspect
ThickAsThieves: he's been a board member and primary reseller for a long time
ThickAsThieves: seems like a hedge at best
assbot: [HAVELOCK] [AM1] 2 @ 0.6711 = 1.3422 BTC [-]
MisterE: is PPC going to supernova tonight?
MisterE: I got 99 problems but holding alts ain't one
ozbot: [ANN] Kraken Passes Cryptographically Verifiable Proof of Reserves Audit
ThickAsThieves: "Claim 1: Kraken controls a certain amount of Bitcoins."
ThickAsThieves: ...
chetty: controls is an interesting choice of words
VanCleef: i'm ready to learn about the power of love
assbot: [HAVELOCK] [NEOBEE] 1031 @ 0.00292881 = 3.0196 BTC [-] {11}
assbot: [HAVELOCK] [NEOBEE] 85 @ 0.0029 = 0.2465 BTC [-]
ThickAsThieves: love is like greed, it'll motivate you to get fucked
nubbins`: showing how many btc you hold is vulgar, anyway ;p
ThickAsThieves: are numbers vulgar in an audit?
Diablo-D3: who in here was looking for a cheap dedi server?
ThickAsThieves: i guess it doesnt matter
VanCleef: good quote tat
ThickAsThieves: i made it myself
Diablo-D3: https://www.exelion.net/ use coupon hn50
ozbot: Exelion Hosting
VanCleef: :)
nubbins`: ThickAsThieves: exceptions to every rule :D
nubbins`: my roommate is supposed to be heading to las vegas today
ozbot: Alerts for: St. John's and vicinity - Environment Canada
nubbins`: but i don't know if he will!
VanCleef: isit a guy or a girl?
ThickAsThieves: the eternal question
VanCleef: hows your music going tat, still making some beats?
assbot: [HAVELOCK] [NEOBEE] 2000 @ 0.00280365 = 5.6073 BTC [-] {18}
nubbins`: VanCleef: guy
nubbins`: GWAR frontman Dave Brockie dead at 50
ThickAsThieves: VanCleef, I helped with a local compilation of beats by local producers
VanCleef: what today?
VanCleef: nubbins
ThickAsThieves: it'll be released this week with some listening session events and such
VanCleef: yeh nice tat
nubbins`: http://www.blabbermouth.net/news/gwar-frontman-dave-brockie-a-k-a-oderus-urungus-reportedly-dead-at-50/
ozbot: [ANN] [ROCKMINER] IPO Announcement - miners using GEN3 ASICMINER chips
ThickAsThieves: "GWAR's latest album, "Battle Maximus", sold around 3,500 copies in the United States in its first week of release to debut at position No. 109 on The Billboard 200 chart. "
ThickAsThieves: wow music industry really is in the shitter
VanCleef: yep
ThickAsThieves: so they maybe sell 10-15,000 each release
assbot: [HAVELOCK] [NEOBEE] 183 @ 0.00272 = 0.4978 BTC [-]
VanCleef: is there some bad news about neobee lately?
ThickAsThieves: well they said they'd release financial info last week and they didnt
VanCleef: ahh i see, thanks
ThickAsThieves: not sure if it was sposed to be a real update or just financial projections
VanCleef: do you have shares in anything atm?
ThickAsThieves: if i did i wouldnt necessarily say
novusordo: berkshire hathaway
assbot: [HAVELOCK] [NEOBEE] 67 @ 0.00272 = 0.1822 BTC [-]
VanCleef: lol cmon man i need something, tired of sitting ont he sidelines
Neil: .d
ozbot: 4.250 billion | Next Diff in 80 blocks | Estimated Change: 17.1362% in 0d 11h 4m 47s
assbot: [HAVELOCK] [NEOBEE] 67 @ 0.00273 = 0.1829 BTC [+]
novusordo: dat difficulty doe
novusordo: so what do you fellows think about the kraken audit process?
nubbins`: 5.5btc up for grabs there, potentially
VanCleef: i cant wait that long
assbot: [HAVELOCK] [NEOBEE] 330 @ 0.00273 = 0.9009 BTC [+] {2}
VanCleef: my daughter needs surgery next month
ThickAsThieves: stop with the surgery line, it's presumptious at best
nubbins`: your daughter needs surgery next month so you're looking for a BTC fund to invest in?!
nubbins` calls social services
VanCleef: yeh because i dont have enough coins for it
novusordo: seems legit
nubbins`: ^
assbot: [HAVELOCK] [NEOBEE] 615 @ 0.00272878 = 1.6782 BTC [+] {3}
VanCleef: rockxie ipo might be a decent buy
assbot: [HAVELOCK] [AM1] 2 @ 0.670011 = 1.34 BTC [-]
ThickAsThieves: as a gem, maybe
assbot: [MPEX] [S.MPOE] 9100 @ 0.00095128 = 8.6566 BTC [-] {2}
VanCleef: havelock down again?
VanCleef: how come fb never gets ddos?
ThickAsThieves: cuz their model is pretty much to invite ddos
ThickAsThieves: so theyve spent years accommodating
nubbins`: might as well try to ddos amazon
VanCleef: SSL handshake failed
assbot: [HAVELOCK] [NEOBEE] 200 @ 0.00273 = 0.546 BTC [+]
assbot: [MPEX] [S.MPOE] 7121 @ 0.00095119 = 6.7734 BTC [-]
dexX7: "For me as outsider it looks like jimmothy is a paid shill/troll from an competing Bitcoin investment plattform.
dexX7: " ahahaha so i'm not the only one :D
dexX7: no wait
dexX7: invert the message
dexX7: this guy has the right feeling, but not the understanding of pure troll marketing
novusordo: let's ddos cloudfare
assbot: [MPEX] [S.MPOE] 6775 @ 0.00095053 = 6.4398 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.675 BTC [+]
VanCleef: lets ddos netscape
ThickAsThieves: http://tradeblock.com/research/new-name-new-tools-new-team-member-welcome-tradeblock/
ozbot: New Name, New Tools, New Team Member - Welcome to TradeBlock | TradeBlock
ThickAsThieves: We decided we needed some non-news, an uglier website, and a more generic name
kakobrekla: jurov yes that is intentional
ThickAsThieves: you used to have content, there no?
ThickAsThieves: what is the intention?
assbot: [HAVELOCK] [NEOBEE] 200 @ 0.00275 = 0.55 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 3000 @ 0.00270525 = 8.1158 BTC [-] {6}
assbot: [MPEX] [S.MPOE] 14200 @ 0.00095204 = 13.519 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 300 @ 0.0027 = 0.81 BTC [-]
kakobrekla: ThickAsThieves there was a breach yesterday, i decided to kill the container until uncompromisable version is up - you dont want to be running code that you dont know what it does.
kakobrekla: well it wasnt yesterday, it was noticed then.
kakobrekla: offtopic:
kakobrekla: >Am I correct that I will be losing btc on these bets even though I am winning the bet? If I am wrong then please do not cancel and refund, however if I am correct please cancel and refund.
ThickAsThieves: hehe
jurov: ;;bc,stats
gribble: Current Blocks: 292252 | Current Difficulty: 4.2502179198695354E9 | Next Difficulty At Block: 292319 | Next Difficulty In: 67 blocks | Next Difficulty In About: 8 hours, 19 minutes, and 53 seconds | Next Difficulty Estimate: 4999212861.54 | Estimated Percent Change: 17.62251
ThickAsThieves: i hear ya kako, wordpress is a bitch
assbot: [HAVELOCK] [AM1] 2 @ 0.6874995 = 1.375 BTC [+] {2}
kakobrekla: jurov address ?
jurov: what?
kakobrekla: your bitcoin address
kakobrekla: give it to me
jurov: you really want to refund? i was joking
kakobrekla: sure why not
ThickAsThieves: uh oh
ThickAsThieves: bad precedent
jurov: if you want, just send 0.1 to true donations addy for me
assbot: [HAVELOCK] [B.MINE] 6 @ 0.0543 = 0.3258 BTC [-] {2}
kakobrekla: fine then.
kakobrekla: thanks
kakobrekla: :>
assbot: [HAVELOCK] [B.MINE] 6 @ 0.05523333 = 0.3314 BTC [+] {5}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0558 = 0.279 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 7 @ 0.05625714 = 0.3938 BTC [+] {4}
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.11950724 BTC [-]
assbot: [HAVELOCK] [B.MINE] 8 @ 0.05767448 = 0.4614 BTC [+] {2}
ThickAsThieves: "And MP if you think you are the most significant innovator in this space, get prepared to unexpectedly kneel. You will soon be reminded that this space is fundamentally driven by technologists/technology, not Romanian Wallstreet wannabees."
jurov: who said that? some of power rangers?
nubbins`: this space is fundamentally driven by coddled children
Apocalyptic: would like to know the source as well TAT
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0654006 = 0.327 BTC [-] {4}
ThickAsThieves: the forum of course
ThickAsThieves: AnonyMint
jurov: ThickAsThieves I found this funny: http://trilema.com/2014/awstats-and-stuff/#comment-98643
jurov: in light of NEO/BEE PR
nubbins`: Get prepared to unexpectedly kneel.
nubbins`: that doesn't make any fucking sense
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.11950724 = 0.5975 BTC [-]
ThickAsThieves: unfortunately i have no say in Neo's PR, etc
ThickAsThieves: nubbins, you are right that line is funnier than i first realized
KRS-1: Bandwidth wasn't higher because cached content wasn't downloaded from the Web server again, only new content and new visitors was the delta.
assbot: [HAVELOCK] [B.SELL] 2 @ 0.06725 = 0.1345 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0574 = 0.1148 BTC [-]
nubbins`: "oh, shit, it's over there"
kakobrekla: lol
assbot: [MPEX] [S.MPOE] 7463 @ 0.00095021 = 7.0914 BTC [-]
assbot: [HAVELOCK] [PETA] 7 @ 0.06989713 = 0.4893 BTC [-] {2}
assbot: [HAVELOCK] [DEALCO] 90 @ 0.00428298 = 0.3855 BTC [-] {6}
assbot: [HAVELOCK] [PETA] 5 @ 0.06989999 = 0.3495 BTC [-]
assbot: [MPEX] [S.MPOE] 10050 @ 0.00095014 = 9.5489 BTC [-] {2}
ThickAsThieves: 'In a statement, Huawei spokesman Bill Plummer criticized the spying measures. “If it is true, the irony is that exactly what they (NSA, US) are doing to us is what they have always charged that the Chinese are doing through us,” he said. “If such espionage has been truly conducted, then it is known that the company is independent and has no unusual ties to any government and that
ThickAsThieves: knowledge should be relayed publicly to put an end to an era of mis- and disinformation.”'
assbot: [HAVELOCK] [PETA] 15 @ 0.07099999 = 1.065 BTC [+] {2}
nubbins`: mis and dis
VanCleef: huawei lost around of business around of world because of usa's trolling
VanCleef: alot
VanCleef: i demand a public apology from obama
ozbot: Hyperbole and a Half: The Alot is Better Than You at Everything
ThickAsThieves: i debated corrected him...
ThickAsThieves: correcting
ThickAsThieves: lol
ThickAsThieves: maybe one day alot will be a word
nubbins`: three-day storm coming; seasonal snowclearing staff laid off this past friday. down to 50 operators from 180
nubbins`: FUN
nubbins`: ThickAsThieves: it happened with alright, so who knows
ThickAsThieves: maybe all the all combos started that way
ThickAsThieves: always
ThickAsThieves: but all is not a
ThickAsThieves: although(<--- !) all is a lot
ThickAsThieves: anyone ever search for plane tickets and notice that after 10 minutes or so, options disappear and prices go up?
ThickAsThieves: then you check a few hours later and they revert
nubbins`: that shit is heavy voodoo
Apocalyptic: ThickAsThieves, yeah
nubbins`: for extra lels, look up prices with a few different web browsers.
Apocalyptic: they're doing it on purpose, psychologic pressure and all
nubbins`: prices based on user-agent string, i've seen it
ThickAsThieves: i like how all the "competing" price sites advertise each other
Apocalyptic: <nubbins`> prices based on user-agent string, i've seen it // heh, really ?
nubbins`: yep
Apocalyptic: like OS X browser users wil be charged more than the rest ?
nubbins`: idea being that people who use, for example, IE6/7 are fucking idiots and won't shop around
ThickAsThieves: surely Apocalyptic
nubbins`: this has been known to happen in insurance circles too
ThickAsThieves: iOS is a tax on your internet life probly
nubbins`: anyway, http://www.lastminutetravel.com/
nubbins`: what's the other one?
nubbins`: kayak
VanCleef: Malaysia Airlines sends condolences to families via text message......and you thought breaking up with someone via txt messaging was rude
nubbins`: ^ double-plus good
ThickAsThieves: i cant trust kayak
nubbins`: no?
ThickAsThieves: nah, Priceline pop-ups
ThickAsThieves: fuck that
ThickAsThieves: ads for competitors
ThickAsThieves: etc
assbot: [MPEX] [S.MPOE] 11750 @ 0.0009531 = 11.1989 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 173 @ 0.00292933 = 0.5068 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 13450 @ 0.0009545 = 12.838 BTC [+]
nubbins`: ah
nubbins`: i've used them in the past with success
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0574 = 0.1722 BTC [-]
assbot: [HAVELOCK] [B.SELL] 4 @ 0.06612499 = 0.2645 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.11950724 = 0.478 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 2 @ 0.07099999 = 0.142 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 196 @ 0.0029 = 0.5684 BTC [+]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0579 = 0.1158 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 9 @ 0.11950724 = 1.0756 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 4 @ 0.071 = 0.284 BTC [+]
benkay: o/
benkay: lulz aplenty: http://bdaccelerate.com/#mentors-investors
assbot: [HAVELOCK] [AM100] 25 @ 0.00668989 = 0.1672 BTC [-]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00095015 = 1.8053 BTC [-]
ThickAsThieves: "One of North America’s Best Word of Mouth Marketers"
assbot: [HAVELOCK] [PETA] 3 @ 0.07 = 0.21 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-]
benkay: "Internet Personality"
assbot: [HAVELOCK] [PETA] 10 @ 0.07 = 0.7 BTC [-]
jurov: Kirk will teach a maverick entrepreneur how to think like an executive
asciilifeform: and now for something completely different:
nubbins`: a word of mouth marketer
nubbins`: my sides
asciilifeform: 'Russians! I'm speaking to all Russians, those of you who live in Ukraine and Belarus are also called Russians here in the Balkans. Look at us and remember - the very same thing will be done to you, should you break up and show weakness. The West - is a chained, rabid dog, that shall tear out your throat. Brothers, remember the fate of Yugoslavia! Do not allow the same to be done to you! Russians, why do you
asciilifeform: need Europe? It is hard to find a more self-sufficient people than yourselves. It is Europe who has need of you, but you need it not. You are so many - a whole three countries - but where is your unity! You have everything your own: much land, energy, fuel, water, science, industry, culture. When we had our Yugoslavia and we were united, we felt ourselves to be a great strength, able to shift mountains. But n
asciilifeform: ow, because of our folly, nationalism, unwillingness to hear each other - Yugoslavia is no more, and we - are now pimples on the political map of Europe, new markets for their overpriced garbage and for American democracy.' (- from the last interview given by Slobodan Milosevic, not long after he was 'accidentally' given the wrong heart meds. Translation mine.)
nubbins`: schlomo dan
asciilifeform: *not long before
asciilifeform: damn
asciilifeform goes to coffee
asciilifeform does not in fact translate interviews from corpses
jurov: fine, now only if russians managed not to mess up everything they touch
nubbins`: like pussy riot
VanCleef: stay strong russia we support your movement
nubbins`: ;p
jurov: lol @everyones pussy riot fixation
VanCleef: talk shit about putin what do you expect?
benkay: talk shit about pudenda
jurov: i'd say it was russian govt-sposored stunt to get west away from talking about everything else
nubbins`: jurov: i like it because it's not often you get to see stuffy newscasters having to say things like "pussy riot" :D
nubbins`: http://www.cbc.ca/news/canada/newfoundland-labrador/eastern-newfoundland-struck-by-wintry-blast-1.2583839
ozbot: Eastern Newfoundland struck by wintry blast - Newfoundland & Labrador - CBC News
nubbins`: ^ that picture was taken a stone's throw from my house
nubbins`: very, very steep hill (60deg incline) just out of frame to the left
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0574 = 0.1722 BTC [-]
benkay: nubbins`: another gorgeous (!) day down south.
assbot: [HAVELOCK] [PETA] 13 @ 0.07 = 0.91 BTC [-]
nubbins`: heh.
ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/03/24/new-derivative-guards-against-bitcoins-price-swings/?mod=MarketsMain
ozbot: New Derivative Guards Against Bitcoin’s Price Swings - MoneyBeat - WSJ
ThickAsThieves: "Under the swap–known as a “non-deliverable” forward because the contract is settled in cash without the need to deliver bitcoin–the parties agreed to pay each other in the future a certain amount based on the values of the two currencies. "
nubbins`: i wonder how much money Mike Caldwell has made from licensing pictures of his coins
ThickAsThieves: it's the anti-mpex option! balance must be restored!
nubbins`: i still want one of those 0.1 silvers, but they're not easy to come by
mike_c_d: "The parties to the swap agreed to use an average price taken from multiple bitcoin exchanges" << good luck.
ninjashogun: does anyone know why recruiters (headhunters) don't share their bonus with their successfully placed recruit, as a cash payment (/incentive)? Especially where they make a large commission?
ninjashogun: It seems this would incentivize employees to use that headhunter to get to the same job - but it's not done. Any ideas why?
benkay: headhunters place the clueless. the clueless can't negotiate.
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0579 = 0.1737 BTC [+]
assbot: [HAVELOCK] [AM1] 9 @ 0.66528967 = 5.9876 BTC [-] {8}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-]
assbot: [MPEX] [S.MPOE] 5627 @ 0.00095209 = 5.3574 BTC [+]
chetty: about all those dead bankers?
chetty: http://wallstreetonparade.com/2014/03/document-jpmorgan-chase-bets-10-4-billion-on-the-early-death-of-workers/
ozbot: Document: JPMorgan Chase Bets .4 Billion on the Early Death of Workers
benkay: nailguns.
ninjashogun: is that true though? Don't Gogle, Amazon, etc use headhunters for placing senior hires?
novusordo: i would
assbot: [HAVELOCK] [AM100] 141 @ 0.0062084 = 0.8754 BTC [-] {5}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-]
assbot: [HAVELOCK] [AM100] 75 @ 0.0066299 = 0.4972 BTC [+] {5}
ThickAsThieves: i suppose a good headhunter would also make sure you got the best salary and benefits
ThickAsThieves: but, like real estate agents, there is more incentive in qty of deals over quality
assbot: [HAVELOCK] [AM1] 2 @ 0.660001 = 1.32 BTC [-]
mike_c_d: you altcoin miners are slow. 1.5 hours since last block? hash faster!
Apocalyptic: ^
benkay: mike_c_d: i'm fighting to get my block erupter up on a macintosh during late-night sleepy hours
mike_c_d: every 300 mhs helps.
mike_c_d: ;;atc,stats
gribble: Error: "atc,stats" is not a valid command.
mike_c_d: silly gribble
assbot: [HAVELOCK] [AM100] 93 @ 0.00612978 = 0.5701 BTC [-] {4}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.06401 = 0.3201 BTC [+]
assbot: [HAVELOCK] [PETA] 2 @ 0.0699999 = 0.14 BTC [-]
assbot: [HAVELOCK] [PETA] 2 @ 0.07 = 0.14 BTC [+]
assbot: [HAVELOCK] [AM1] 25 @ 0.64934186 = 16.2335 BTC [-] {15}
assbot: [HAVELOCK] [B.SELL] 4 @ 0.06401 = 0.256 BTC [+]
benkay: here's some madness
assbot: [HAVELOCK] [B.MINE] [PAID] 2.53035874 BTC to 4`277 shares, 59162 satoshi per share
novusordo: "Using Paypal-" nope
assbot: [MPEX] [S.MPOE] 4000 @ 0.00095015 = 3.8006 BTC [-]
thestringpuller: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 562.41, Best ask: 564.43, Bid-ask spread: 2.02000, Last trade: 562.4, 24 hour volume: 8486.64251253, 24 hour low: 547.0, 24 hour high: 569.48, 24 hour vwap: 559.420947826
novusordo: i want to believe that they're just trolling
novusordo: sounds like a radical liberal wet dream
assbot: [MPEX] [S.MPOE] 11865 @ 0.00094977 = 11.269 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 21 @ 0.07 = 1.47 BTC [+]
ozbot: Angry Hitler Goldfish - Imgur
jurov: this looks like over the top... but one has to accept many people are useless somehow
jurov: you either feed them or fight them, there's no other option
asciilifeform: author of that turd 'knows' that he won't be personally sold, and it shows. (not by itself damning - authors of designs for meat processing plants don't expect to ever become chickens, either. but in this case it spoils the flavour in a rather obvious way.)
nubbins`: i admit i stopped reading and started skimming when i read "$1 per hour"
assbot: [HAVELOCK] [NEOBEE] 192 @ 0.0029103 = 0.5588 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 8 @ 0.07 = 0.56 BTC [+]
steven-__: benkay: http://cascadianhacker.com/blog/2014/03/19_webwallets-will-always-fail-fr33aids-wallet-robbed-blockchaininfo-complicit-in-2fa-compromise.html has a broken link to http://cascadianhacker.com/blog/2014/03/2014/03/05_those-coins-theyll-be-happy-with-their-new-master.html
assbot: [HAVELOCK] [AM1] 1 @ 0.642 BTC [-]
assbot: [HAVELOCK] [AM1] 6 @ 0.641 = 3.846 BTC [-]
assbot: [HAVELOCK] [AM100] 160 @ 0.00612 = 0.9792 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 5 @ 0.07 = 0.35 BTC [+]
ozbot: [ANN] Kraken Passes Cryptographically Verifiable Proof of Reserves Audit
assbot: [HAVELOCK] [PETA] 3 @ 0.07 = 0.21 BTC [+]
jurov: two cans and a tentacle
jurov: did they manage coherent response to davout's challenge yet?
assbot: [HAVELOCK] [NEOBEE] 190 @ 0.00299922 = 0.5699 BTC [+] {4}
blackwhite: hola peeps
benkay: thanks steven-__
novusordo: it's certainly nice to see some exchanges actually trying now
novusordo: don't know if kraken's audit process will be enough, but I guess we'll see.
kakobrekla: jurov what was the challenge?
jurov: http://www.reddit.com/r/Bitcoin/comments/1zf3di/bitstamp_and_kraken_can_you_respond_to_these/
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0571 = 0.1713 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 3 @ 0.06323466 = 0.1897 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.11950724 = 0.3585 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0572776 = 0.1146 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 73 @ 0.00299899 = 0.2189 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0566702 = 0.1133 BTC [-]
diametric: it doesn't really matter if they comply with US law or not.
diametric: the US doesn't let little things like following regulations get in the way of them taking your lunch money.
assbot: [MPEX] [S.MPOE] 5900 @ 0.00094937 = 5.6013 BTC [-] {2}
assbot: [HAVELOCK] [NEOBEE] 76 @ 0.00299899 = 0.2279 BTC [-]
davout: diametric: the us is irrelevant, they operate in europe
davout: jurov kakobrekla not rly, his answer boiled down to "because i say so"
diametric: davout: but they have accounts and accept USD within the US.
diametric: Well, Bitstamp still does. I think kraken discontinued support for USD if I'm not mistaken
davout: yeah, maybe but that's not what the conversation was about
davout: bitstamp operates in europe with an european bank, the currency in which their accounts are held is anecdotal
radan: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCYQtwIwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DDpxjvYoLEJs&ei=8nIwU_rUD8bo2AWIw4HgAw&usg=AFQjCNEWzcjjuwoixYRx-M0TpYKZ-0LmkA&sig2=GeMYRlUAagLOdqbEUHTsuQ&bvm=bv.62922401,d.b2I
radan: uh, sorry
davout: they're probably held in eur too despite balances being shown in usd
diametric: hmm for some reason I swore Bitstamp held a bank account in the US but I'm probably mistaken then.
assbot: [HAVELOCK] [B.MINE] 5 @ 0.057 = 0.285 BTC [+]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.063202 = 0.316 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.11950724 = 0.5975 BTC [-]
radan: is it possible to make money on bitbet
davout: diametric: they're at unicredit in slovenia
benkay: radan: if you bet correctly, sure.
Mats_cd03: jesse from kraken is hilarious
Apocalyptic: he's oblivious rather
Mats_cd03: its slowly dawning on him what a multinatl company has to deal with on a daily basis in order to engage in commerce
davout: quite funny about how reddit is all over their "audit"
Apocalyptic: ^
radan: what if you don't know which thing will happen
radan: I mean
radan: I can ask people in my industry about shit like
Apocalyptic: not sure why kako posted that link to begin with
ozbot: BitBet - Light Sweet Crude Oil (WTI) Jan 2015 over $200 at any point in 2014
radan: but the rest of it doesn't mean anything to me
davout: radan: probably safer to not bet on it then
radan: how am I supposed to know "if Havelock Investments continues its operation from the bet's starting date through November 20th, 2014"
mike_c_d: so you're question is "how do i make money on shit i know nothing about"?
mike_c_d: *your
radan: yes
mike_c_d: davout told you. you don't.
davout: mike_c_d: told me what?
Apocalyptic: <davout> radan: probably safer to not bet on it then
davout facepalms
davout: i need to not stop at the end of the first sentence
Mats_cd03: what a stupid question
radan: well
radan: people have done it before
assbot: [HAVELOCK] [AM1] 2 @ 0.64067363 = 1.2813 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 8600 @ 0.00095245 = 8.1911 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 89 @ 0.00299899 = 0.2669 BTC [-]
assbot: [HAVELOCK] [RENT] 69 @ 0.00557909 = 0.385 BTC [+] {3}
assbot: [HAVELOCK] [RENT] 35 @ 0.0056328 = 0.1971 BTC [+]
MykelSIlver: http://bitcoin-assets.com/ : 503 Service Unavailable .... at this moment
MykelSIlver: thx okay
assbot: [HAVELOCK] [HMF] 9 @ 0.0164003 = 0.1476 BTC [-] {2}
MykelSIlver: hope http://bitbet.us/ is safe
mike_c: yes, it was a wordpress plugin that opened a small hole.
MykelSIlver: okay
mike_c: hopefully bitbet is not running on wordpress :)
Apocalyptic: maybe bitbet is based on wordpress too
MykelSIlver: oops.. you are not sure of that ?
Apocalyptic: damn mike_c
mike_c: MykelSIlver: i'm not involved with BB. but i highly doubt it.
MykelSIlver: lets hope for the best (bets)
mike_c: kakobrekla can confirm
MykelSIlver: kk
kakobrekla: it is not :)
MykelSIlver: alright. now i can sleep again.
mike_c: Apocalyptic: gotta be quick with the quips around here
Apocalyptic: heh I figured that much
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0631858 = 0.6319 BTC [-] {5}
kakobrekla: bitcoin-assets will have a designated admin/maintainer from now on
kakobrekla: the wp part, to be specific.
jurov: and a designated secure server
jurov: btw i'm curious, what there needs CMS?
kakobrekla: i was actually contemplating just copy pasting the output of current wp in a html file
kakobrekla: and thats that
kakobrekla: but the girl is eager. :)
benkay: tell her to come hang out here too
benkay: whole family!
kakobrekla: o she is here
benkay: hi girl
jurov: ;;bc,stats
gribble: Current Blocks: 292288 | Current Difficulty: 4.2502179198695354E9 | Next Difficulty At Block: 292319 | Next Difficulty In: 31 blocks | Next Difficulty In About: 3 hours, 46 minutes, and 35 seconds | Next Difficulty Estimate: 5019360553.23 | Estimated Percent Change: 18.09655
lampelina: hi benkay
benkay: o/ lampelina
benkay: thx for handling b-a.com
assbot: [HAVELOCK] [AM100] 458 @ 0.00610115 = 2.7943 BTC [-] {9}
assbot: [HAVELOCK] [AM100] 92 @ 0.00602971 = 0.5547 BTC [-] {3}
benkay: today's adventures in unfucking someone else's crypto
benkay: constant secret, constant iv, vary salt -> different encrypted strings
benkay: sounds great
benkay: constant secret, constant iv, different salts of the same length -> valid decryption
benkay: WTF
assbot: [HAVELOCK] [B.MINE] 55 @ 0.05779541 = 3.1787 BTC [+] {5}
assbot: [HAVELOCK] [B.SELL] 3 @ 0.06315 = 0.1895 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.11950724 = 0.478 BTC [-]
benkay: vary salt *length on encryption cycle
benkay: protip: don't delegate crypto to outsourced ios developers across the ocean.
mike_c: my frustration today: it doesn't matter that python is slow as dirt, until it does.
Mats_cd03: what are you doing
Mats_cd03: with python
mike_c: well, the slow part (i think) is a have a big 2-dimensional array that i'm doing a lot of lookups into
assbot: [MPEX] [S.MPOE] 18000 @ 0.00095362 = 17.1652 BTC [+]
Mats_cd03: pypy would solve your problem
Mats_cd03: python is doing a lot of background noise between iterations
mike_c: indeed it would.. i'm always a little worried about incompatabilities
Mats_cd03: a jit would fix that
Apocalyptic: <Mats_cd03> pypy would solve your problem // depends
Apocalyptic: but if you think you can get close to a native C prog speed you're mistaken
Mats_cd03: for your problem ctypes might be easier if you are worried about compatibility
mike_c: i just hate switching to c modules because you have to cross-compile. pita.
Mats_cd03: then create a generator so you can fill element by element?
mike_c: i'll take another look at pypy, that's a good idea. i haven't poked around at it in a while.
mike_c: thx
Mats_cd03: gl
assbot: [MPEX] [S.MPOE] 8000 @ 0.00095445 = 7.6356 BTC [+] {2}
asciilifeform: benkay: malware?
assbot: [HAVELOCK] [PETA] 8 @ 0.07 = 0.56 BTC [+]
mike_c: sheesh. 21 seconds on cpython, 3.3 secs on pypy
blackwhite: so digital voting. Government send me a "coin" for voting. I send it back to vote. Everyone can see it, cheating much less possible? Thoughts?
thestringpuller: blackwhite: mircea_popescu talks about that on trilema
blackwhite: trilema?
blackwhite: got it
blackwhite: his website
blackwhite: thnx
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.11950724 = 0.3585 BTC [-]
thestringpuller: i can't find the specific article but do a bit of googling and you'll find it
assbot: [HAVELOCK] [B.MINE] 3 @ 0.059 = 0.177 BTC [+]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.063 = 0.189 BTC [-]
thestringpuller: blackwhite: if you find it PM me the link
ozbot: Trilema - Un blog de Mircea Popescu.
blackwhite: oh you mean the article :)
blackwhite: hehe
blackwhite: sorry
benkay: yup that's trilema
thestringpuller: lol
thestringpuller: the article I can't find it
punkman: blackwhite: here's the article http://trilema.com/2013/why-i-nixed-p2p-colored-coins-and-all-that-jazz/
blackwhite: haha sorry
blackwhite: thanks punkman
thestringpuller: thx punkman
asciilifeform: ;;google cryptographic voting
gribble: End-to-end auditable voting systems - Wikipedia, the free ...: <http://en.wikipedia.org/wiki/End-to-end_auditable_voting_systems>; Cryptography - Electronic Voting - Stanford Crypto Group: <http://crypto.stanford.edu/pbc/notes/crypto/voting.xhtml>; Cryptographic Voting Protocols: A Systems Perspective - Usenix: (1 more message)
asciilifeform: not the least bit young field.
punkman: asciilifeform: indeed
benkay: asciilifeform: only in the sense that iOS software is all malware.
thestringpuller: there we go punkman that's the one
punkman: thestringpuller: either way not what blackwhite was hoping for
thestringpuller: the latter is
only: ;;msg nickserv info only
gribble: Error: "msg" is not a valid command.
only: nvm, sorry
blackwhite: the latter actually is interesting and kind of what I was thinking
blackwhite: the main thing is how do you keep the actual vote secret, where as you want the actual vote event public
blackwhite: how many of you are using some sort of dashboard tool to follow bit coins? And is there room for someone making a better dashboard dealing perhaps not only with bitcoin but also other currencies?
benkay: http://www.theguardian.com/world/2013/nov/04/california-police-body-cameras-cuts-violence-complaints-rialto
ozbot: California police use of body cameras cuts violence and complaints | World news | The Guardian
benkay: blackwhite: blockr.io's kinda the standard right now
assbot: [HAVELOCK] [PETA] 13 @ 0.07 = 0.91 BTC [+] {2}
blackwhite: benkay thanks
benkay: "state of the art"
blackwhite: you think there would be room for competition? I mean after all the field is still very new
blackwhite: design is my speciality but I do enough to code this stuff too
benkay: you can always put up another website. the question i think you'll want to ask is if it's worth your time.
mike_c: there is a lot of competition already if you are talking about stuff like https://bitcoinwisdom.com/
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0584 = 0.1168 BTC [-]
thestringpuller: blackwhite: do you have a portfolio?
radan: why isn't bitcoin run like a democracy
blackwhite: thestringpuller yeah
blackwhite: it's old though
blackwhite: but here is a few things
ozbot: TinyGrab - Simple. Screenshot. Sharing.
mike_c: don't you know graphs are supposed to go up and to the right!?
benkay: backoff thestringpuller blackwhite's mien
benkay: mine*
blackwhite: :)
assbot: [MPEX] [S.MPOE] 4600 @ 0.00095079 = 4.3736 BTC [-]
thestringpuller: lololol
thestringpuller: POACHERS
assbot: [HAVELOCK] [AM100] 100 @ 0.00600062 = 0.6001 BTC [-] {5}
assbot: [MPEX] [S.MPOE] 12850 @ 0.0009485 = 12.1882 BTC [-]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0589 = 0.1178 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0589 = 0.1178 BTC [+]
assbot: [HAVELOCK] [B.SELL] 2 @ 0.063 = 0.126 BTC [-]
benkay: !l m s.mpoe
assbot: Last trade for S.MPOE on MPEX was at 0.0009485 BTC [-]
assbot: [MPEX] [S.MPOE] 5150 @ 0.00095043 = 4.8947 BTC [+]
assbot: [HAVELOCK] [B.SELL] 2 @ 0.063 = 0.126 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.11950724 = 0.3585 BTC [-]
assbot: [HAVELOCK] [PETA] 20 @ 0.07099 = 1.4198 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.11950724 BTC [-]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0571005 = 0.1142 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 2 @ 0.063 = 0.126 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 13400 @ 0.0009485 = 12.7099 BTC [-]
assbot: [MPEX] [S.MPOE] 2700 @ 0.00094999 = 2.565 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.64004 BTC [-]
ozbot: Derivabit | Coinflip, Inc.
ozbot: Derivabit | Coinflip, Inc.
Apocalyptic: looks like they're a bunch of winners
deadweasel: mircea_popescu: "This then resolves the problem statistically, which is to say on average and generally speaking, people are unlikely to engage in morally hazardous behaviour. It also resolves the problem quite cheaply, as it requires absolutely no human intervention, the entire thing works quite mechanically."
deadweasel: i love these two lines from http://trilema.com/2013/bitcoin-as-replacement-for-the-electoral-system/
deadweasel: that line is RE: 'betting late on bitbets no refund bitches'
deadweasel: it's this cheap way to solve currently expensive problems. entire industries could be minimized or abandoned altogether (finance for one
deadweasel: this nigga needs another bitcoin
deadweasel: ;;lasers
gribble: ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
assbot: [HAVELOCK] [B.MINE] 3 @ 0.057 = 0.171 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.063 = 0.189 BTC [-]
assbot: [MPEX] [S.MPOE] 4100 @ 0.00095096 = 3.8989 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 110 @ 0.00293368 = 0.3227 BTC [-] {6}
blackwhite: SaxoBank used to my one of my clients
BingoBoingo: http://arstechnica.com/science/2014/03/new-system-tracks-and-zaps-flies-with-lasers-to-change-behaviors/
ozbot: New system tracks and zaps flies with lasers to change behaviors | Ars Technica
peterl: anybody here from bitbet?
mike_c: lurking around, yeah. you can just ask if you have a question.
peterl: did the terms for calculating winnings change recently? I seem to remember it used to weigh the whole amount bet, now you get what you put in back plus your weight of the losing side?
ThickAsThieves: maybe give a specific example
jurov: afaik nothing changed
ThickAsThieves: and note the number you expect to get, in contrast with the number you are getting
deadweasel: user can specify how much it's weighted
peterl: well, I seem to remember people complaining that late bets would lose money?
deadweasel: or starting weight
ThickAsThieves: still the case
ThickAsThieves: significant weight disparity can result in loss
ThickAsThieves: even on a winning bet
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.11950724 = 0.3585 BTC [-]
peterl: yeah, but you can only go down to 99%
mike_c: http://bitbet.us/faq/#140 explains how you can lose money on a bet.
ozbot: FAQ BitBet
deadweasel: ozbot should spam the channel with that at least once a day. boom, no more support.
peterl: maybe I was just confused before?
deadweasel: or mpexbot or assbot or a fuckingbot
ThickAsThieves: peterl, you still havent clarified whether there are ever was a problem or misunderstanding
peterl: yeah, that link is what I was looking at. I seem to remember it being worded differently in the past. Probly I was just confused before.
ThickAsThieves: -are
ThickAsThieves: maximum amount of loss on a winning bet is 100%
ThickAsThieves: if you send late ;)
peterl: well, yeah, but that is a whole different issue entirely
deadweasel: bitbet, a neverending source of infotainment
jurov: http://bitbet.us/bet/596/btc-difficulty-to-increase-by-less-than-10/ peterl here you can see it
ozbot: BitBet - BTC difficulty to increase by less than 10%
jurov: the weight 59/100000 is less than 1% bitbet fee , hence No loses
assbot: [HAVELOCK] [NEOBEE] 98 @ 0.00299999 = 0.294 BTC [+] {2}
benkay: ;;later tell blackwhite so tell me sir what was your best source of dealflow?
gribble: The operation succeeded.
assbot: [MPEX] [S.MPOE] 21050 @ 0.00095198 = 20.0392 BTC [+] {2}
radan: what are some good beds to bid on
deadweasel: tempurpedic
benkay: i prefer bunks
cazalla: beat me :\
benkay: surely you meant to say "bed me", cazalla.
deadweasel beats cazalla
cazalla: ha
benkay: cazalla's still looking for dat buttsecks
deadweasel beds cazalla
deadweasel: which means you got beaten twice
radan: cazalla, are you a girl
cazalla: no, what would make you think that
jurov: i bed your pardon?
ozbot: BitBet - S.MG above 2x par on October 1st, 2014
cazalla: (i was going to say yes)
radan: I knew a girl named caz
deadweasel: yo, i heard you like beds in yo bids on yo bitbet!
radan: so I was wondering
deadweasel: cas? cassie?
cazalla: it's from a book
deadweasel: wat book
cazalla: a pirate book, forget the name
ozbot: BitBet - Bitcoin to surpass Berkshire as an investment
deadweasel: ass-pirates 12, the plundering?
ozbot: Pirate Latitudes - Wikipedia, the free encyclopedia
radan: there's a lot of people voting yes
radan: hmmm
cazalla: that's it
radan: I don't get what it's saying
cazalla: not the best book but i enjoy stuff like that, hornblower etc
mike_c: hm, hornblower has got to be better than a book crichton wrote after he died
mike_c: i liked hornblower
cazalla: yeah, i wish they would make more, shame the books are a bit difficult to read - at least for me
assbot: [HAVELOCK] [B.MINE] 14 @ 0.05619641 = 0.7867 BTC [-] {9}
assbot: [HAVELOCK] [B.SELL] 12 @ 0.06545798 = 0.7855 BTC [+] {10}
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.11950724 = 0.3585 BTC [-]
benkay: mircea_popescu: derivabit.com
benkay: jurov: ^^
benkay: thestringpuller: ^^ kakobrekla ^^
Neil: .d
ozbot: 4.250 billion | Next Diff in 6 blocks | Estimated Change: 17.6985% in 0d 0h 36m 43s
jurov: yes i have seen. "Derivabit uses Coinbase’s spot rate."
mike_c: they aren't even worth laughing at. a couple of front-end engineers built an options exchange.
jurov: how do they want to protect from manipuation?
assbot: [MPEX] [S.MPOE] 7550 @ 0.00095345 = 7.1985 BTC [+]
mike_c: i like their faq. question: "How can you have USD strike prices but option prices in BTC?" answer: "Orders can be canceled by their user at any time if they have not yet been matched"
benkay: let's test 'em.
benkay: i know, right mike_c?
benkay: tee hee hee question unanswered
r3wt: bcauth; r3wt
r3wt: ;bcauth
r3wt: help
r3wt: ;;bcauth
gribble: (bcauth <nick>) -- Initiate authentication for user <nick>. You must have registered with the bot with a bitcoin address for this to work. You will be given a random passphrase to sign with your address, and submit to the bot with the 'bcverify' command. Your passphrase will expire within 10 minutes.
r3wt: ;;bcauth r3wt
gribble: Request successful for user r3wt, hostmask r3wt!addaa87c@gateway/web/freenode/ip.173.218.168.124. Your challenge string is: freenode:#bitcoin-otc:84e544f76d7e0ac25e4d93a7ba6f807ce615c86e7cc8a1f727bcb5a8
benkay: wd r3wt
Neil: So the next diff is just over 5 billion
novusordo: doesn't that mean free hookers and beer?
assbot: [MPEX] [S.MPOE] 11550 @ 0.00095292 = 11.0062 BTC [-] {2}
nubbins`: only for some
nubbins`: also, dat mpoe
Mats_cd03: free dongs and used condoms
nubbins`: !t m s.mg
assbot: [MPEX:S.MG] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00010001 / 0.00010748 / 0.000154 (7000 shares, 0.75 BTC), 30D: 0.00010001 / 0.00012597 / 0.000154 (12232 shares, 1.54 BTC)
Mats_cd03: !t m s.mpoe
assbot: [MPEX:S.MPOE] 1D: 0.0009485 / 0.00095208 / 0.00095791 (522419 shares, 497.39 BTC), 7D: 0.00079699 / 0.00087508 / 0.00096 (6292661 shares, 5,506.62 BTC), 30D: 0.000745 / 0.00085663 / 0.00096 (30411002 shares, 26,051.09 BTC)
Mats_cd03: how do i bot
nubbins`: just like that
nubbins`: i'm honestly bewildered by mpoe's volume
Mats_cd03: oh
Mats_cd03: ive had assbot on ignore this whole time
Duffer1: :D
Mats_cd03: wuts bewildering? 2600btc/30d?
Mats_cd03: well, with an additional 0
assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00297601 = 0.1488 BTC [-]
jurov: ;;prevdiffchange
gribble: 17.80244
deadweasel: holy shit 94!
deadweasel: noice
ninjashogun: is the public ledger going to contain every record from forever?
ninjashogun: If bitcoin is used for 100 years, will anyone who participates have to download every single transactoin, ever, down to today?
deadweasel: ask again in 100 yrs
deadweasel: notice the timestampes
ninjashogun: if the blockchain is already 20 GB, then in a year or two will it be like 100 GB - just to be part of the network?
deadweasel: the future is undetermined
deadweasel: you may not survive the year, nor me nor anybody elese
deadweasel: else*
jurov: ninjashogun: it will be pruned to store only most recent outputs and all the rest will be archived
deadweasel: you can trust him, he traveleth the time.
jurov: and even if not, 100GB of SSD isn't unaffordable, I hope
deadweasel: especially in 2yrs
deadweasel: ninjashogun: how old are you again?
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.11950724 = 0.239 BTC [-]
jurov: btw, I'm running btc and ltc and atc nodes off one 320gb spinning rust. seems to work fine
ninjashogun: deadweasel, 28-32
ninjashogun: I'm talking with a collaborator about crypto currencies and varoius exchanges, etc.
ninjashogun: Does anyone here know about mastercoin?
ninjashogun: Are mastercoin in here (a nick) for example? etc.
ninjashogun: here or -otc or #bitcoin
Mats_cd03: huh
ninjashogun: Mats_cd03, mastercoin. See: https://www.google.com/search?q=mastercoin
ozbot: Master Protocol & Mastercoin
CheckDavid: :)
Mats_cd03: 20:06 <ninjashogun> Are mastercoin in here (a nick) for example? etc. <<< huh
Mats_cd03: anyways people in here generally dont care about altchains
deadweasel: ^
Mats_cd03: oh whoops i must have misunderstood the idea
ninjashogun: Mats_cd03, I meant is a nick from one of the contributors in here. I should have asked in #bitcoin
Mats_cd03: ok
ninjashogun: sorry about that
CheckDavid: Mats_cd03: is master coin an alt chain @
CheckDavid: It uses the btc block chain
Mats_cd03: i'm confused by the website, "Mastercoin To Create New Altcoins In Bitcoin’s Block Chain" is the title of a press release
Mats_cd03: so: idk
ninjashogun: (by the way CheckDavid and I are on skype now, and we may be collaborating on the jobs thing. I talked with him for a couple of hours total, don't know him personally yet but we're on skype.)
ninjashogun: (I have a good impression so far.)
ninjashogun: This is just in the interest of full disclosure.
Mats_cd03: cute
CheckDavid: Haha
benkay: jurov: some days don't you feel like "fuck hardware"?
CheckDavid: We are cybering
benkay: aws has all this damn storage and compute
Mats_cd03: ;;ud docking
benkay: i know crypto on cloud is anathema but OOOOH THE TEMPTATION
gribble: http://www.urbandictionary.com/define.php?term=docking | docking. The act of placing the head of ones penis inside the foreskin of another's penis. David and Patrick enjoyed docking immensely because of Patty's ...
ozbot: Urban Dictionary: docking
blackwhite: evening gents
Mats_cd03: ^ CheckDavid + ninjashogun
CheckDavid: <3
assbot: [MPEX] [S.MPOE] 19000 @ 0.00095527 = 18.1501 BTC [+] {3}
benkay: ;;first CheckDavid
gribble: Error: "first" is not a valid command.
Mats_cd03: mixing smegma is the most intimate moment one can share with another man
benkay: gribble needs a ;;first to complement ;;seen
Duffer1: :(
Mats_cd03: alright i need a drink
CheckDavid: Mats_cd03: but I think master coin doesn't have any alt chain
Mats_cd03: (useful for e-voting as per prev. discussion, and maybe even useful for reducing the size of the blockchain in the future)
benkay: how so reduce size of blockchain?
CheckDavid: If I interpreted what you meant by that properly
Mats_cd03: CheckDavid: i speak from a place of ignorance re: mastercoin so dont mind me
CheckDavid: Oh OK
CheckDavid: But yeah. I am not talking about just some random alt
CheckDavid: It's supposedly a protocol that adds a lot of value to btc
benkay: supposedly.
CheckDavid: It's definitely a protocol
benkay: and i guess bitcoin is just a protocol and so this thing is additively good
CheckDavid: And it's definitely using the btc block chain
CheckDavid: Now of its valuable , that's subjective as all value is
CheckDavid: *if
nubbins`: name a good movie
benkay: glengarry glen ross
CheckDavid: Pink panther
ninjashogun: ha, pink panther
ninjashogun: I was just watching that
cazalla: can you trade bitcoons on the massahcoin network?
CheckDavid: Lolol
Mats_cd03: benkay: pulled it out of my ass.
Mats_cd03: (wouldnt ever work, occurred to me without evidence)
nubbins`: !t h hif
assbot: [HAVELOCK:HIF] 1D: 0.00047505 / 0.00048074 / 0.00050498 (131 shares, 0.06297634 BTC), 7D: 0.00039967 / 0.00047559 / 0.00051299 (9474 shares, 4.50576619 BTC), 30D: 0.00038802 / 0.0005072 / 0.00057500 (66406 shares, 33.68111884 BTC)
KRS-One: nubbins?
nubbins`: from what i can tell, they're about an order of magnitude off their trading volume predictions
nubbins`: hi
kakobrekla: /cap req -identify-msg
kakobrekla: bleh
nubbins`: hmm 3.4MB/s
nubbins`: i gotta say, i'm happy with my internet service
nubbins`: it's not often i straight-up download large files
nubbins`: so i don't always appreciate it
nubbins`: 4.2!
nubbins`: but this is great :D
assbot: [MPEX] [S.MPOE] 32333 @ 0.00095571 = 30.901 BTC [+] {2}
copumpkin: man, MPOE is hot again
blackwhite: what do you think is the best wallet design you have seen, visually?
ninjashogun: blackwhite - you mean physical (like leather) wallets?
deadweasel: wallet.dat
ninjashogun: Does anyone here know aobut https://cryptostocks.com/ (in specific)?
ninjashogun: and what they're doing, whether trustworthy, etc
blackwhite: i saw http://www.hivewallet.com which is interesting
Apocalyptic: ninjashogun, they're full of scams
Duffer1: ninja you can trust them to list every scam in the space
Duffer1: they probably make so much money off it that they haven't yet decided to just run with the money
ninjashogun: let's flip it around. Would a serious company that had traditoinal real-world financing rounds (convertible note, or equity offering with shareholder's agreement with a real VC) ever list on there?
Duffer1: nope
ninjashogun: I meant to write the word "options" instead of the word "rounds"
ninjashogun: okay
TestingUnoDosTre: So apparently I've been living under a bush for a while, but the creator of Candy Crush was apparently successful at generating cash flow?
BingoBoingo: ninjashogun: Cryptostocks/Vircurex just did clawbacks in yet another operator enacted scam
ninjashogun: BingoBoingo, could you explain?
BingoBoingo: ninjashogun: https://vircurex.com/welcome/ann_reserved.html
BingoBoingo: Run by the same operator as cryptostocks
ninjashogun: yes I saw that
ninjashogun: Oh that is VERY good information!!!
ninjashogun: However, I will say one thing. At a macro level there is no FDIC, nor bailout.
BingoBoingo: Well, can any platform that does such a thing be taken seriously?
ninjashogun: I'll explain.
ninjashogun: The reason is that actions are judged on the basis of their consequences.
ninjashogun: Now it should have been practicing PROPER opsec.
ninjashogun: It should NOT have had coins stolen.
ninjashogun: But let's say it did.
ninjashogun: What should it do now?
Apocalyptic: ninjashogun, you're not making any sense
ninjashogun: It could have done something even stronger: "We will now be fractional-reserve, the way all banks in the United States have operated for 100 years. We will not hold as many bitcoins physically as are in our accounts - nor make up the deficit."
ninjashogun: (as are in YOUR accounts, I mean)
ninjashogun: But it didn't say that:
Apocalyptic: but they can't even satisfy withdrawals now
Apocalyptic: that's why they are locking the balances, they've been operating fractional for years
Apocalyptic: ninjashogun, are you not reading the statement ?
ninjashogun: It said "We will get back to 100% reserve bank, owning as many bitcoins physically as people have on account. To get back up to that level we will take the profit from our operations and use it to build up the fractional level."
BingoBoingo: ninjashogun: They never had a profit
ninjashogun: Apocalyptic, according to that statement, ALL people will be paid back eventually.
ninjashogun: I understand this.
Apocalyptic: yeah yeah...
BingoBoingo: In spite of raising 3000 some BTC in an "IPO"
ninjashogun: I know.
Apocalyptic: if you trust the statement
ninjashogun: how many btc are they reporting stolen
benkay: lol "all people will be paid back"
Apocalyptic: you believe it too benkay don't you ?
ninjashogun: wait, we can judge whether this has any chance of being true
benkay: man if i had a btc for every time i've read that
benkay: i judge stochastically these days ninjashogun
BingoBoingo: ninja they have been a known shit heap since roughly February 2012
ninjashogun: they raised 3000 btc in an IPO. That means that is free cash for them - they sold equity?
benkay: 99% likelihood nobody gets paid back.
ninjashogun: I understand that.
ninjashogun: But if they shut down, that 99% becomes 100%.
benkay: ...
benkay: yes.
benkay: that is very true.
BingoBoingo: They got hacked, "IPO'd", got hacked again, started paying interest on deposits, and now this.
ninjashogun: Let me make an analogy. (I might have the facts totally wrong). IN the seventies or eighties (no real idea on the decade, I'm guessing) the U.S. found that some third-world country had either stolen some of the mint's machinery, or gotten their hands on perfect reproductions. It could make undetectable counterfeit dollar bills.
ninjashogun: What did they do - did they shut down all of the then-current series?
benkay: eyo mo
ninjashogun: No. They just let the counterfeiters print at the limiting capacity of those presses, taking the hit on the total money supply.
ninjashogun: That is probably a better outcome than if they had "abandoned the dollar" due to its dilution by fake dollars.
moiety: mew :)
Mats_cd03: lol
benkay: what do you think mo: is a scam a scam?
ninjashogun: Likewise, if a currency does get hacked, it is probably better to become fractional-reserve, or freeze accounts, or play other shenanigans, than just say, "Well we're gone now, bye, and thanks"
moiety: benkay: not if its called a ponzi
BingoBoingo: ninjashogun: This isn't a currency getting hacked.
benkay: ba-dum-tsh
ninjashogun: CheckDavid says (we're on skype) he doesn't get my point
BingoBoingo: This is a business admitting its business model is incompatible with reality and failing to take the last necessary action.
ninjashogun: My point is just that from among the alternatives, shutting down the exchange is guaranteed to have the worst possible outcome for lenders/creditors. (people who put thehir bitcoins or usd in.)
Mats_cd03: sure if you are the operator and you are honest then yes that is how it proceeds
moiety: do you think kakobrekla can make an ignore that works on the logs too?
ninjashogun: BingoBoingo, do you mean because vircurex is making it up?
ninjashogun: BingoBoingo, and it's not a genuine thing that happened? That https://vircurex.com/welcome/ann_reserved.html is about a lie?
Mats_cd03: what incentive does a new customer have to become a part of a known weak exchange?
benkay: moiety! stop trolling!
moiety: >.>
moiety: <.<
Mats_cd03: do you expect depositors to behave like their risk profile didnt just go up?
BingoBoingo: ninjashogun: I mean the thing they need to do is stop, and the time for them to have done so was last winter
benkay: i want an ignore that works on anyone who's unrated by people i've rated
Mats_cd03: write a script for your client
ninjashogun: Mats_cd03, no, but I think that you will find in looking at Fiat that the fact that the money supply is unilaterally increased by letting banks put more into circulation than existed - and that the rate of this is a total unknown - does not deter people from using and holding USD.
moiety: but that would mean me too for now
ninjashogun: (More specificlaly, it does deter people from holding USD, but not entirely.)
benkay: ah, rats.
moiety: i will change this though
benkay: yes plz do
benkay: maybe nag nano to let you auth with doge or something ;)
benkay: that's the really silly thing about not getting in the wot
benkay: it only takes a btc addy
Mats_cd03: nobody cares about the size of the bitcoin money supply
Mats_cd03: what are you trying to say
moiety: i would quite like my wot untainted :P
moiety: we did make bitcoinmagazine in other news
benkay: untainted by what?!
moiety: doge lol
gribble: such auth, very doge
moiety: gribble!!!
benkay: ;;gribble
gribble: yes I am gribble. why do you keep bothering me?
ninjashogun: Mats_cd03, well what is the PRIMARY issue with putting your bitcoin in a site that is currently freezing someone else's bitcoins? Look at that and you will see, some people may still put some of their bitocins in.
ninjashogun: Mats_cd03, would anyone ever put their bitcoins onto a site that is currently freezing somebody else's bitcoins - and they know this?
assbot: [HAVELOCK] [AM1] 7 @ 0.64797672 = 4.5358 BTC [+] {3}
moiety: Did Izzy ever re-appear? sorry i wasn't around
benkay: ;;seen Izzy_
gribble: Izzy_ was last seen in #bitcoin-assets 3 days, 16 hours, 49 minutes, and 50 seconds ago: <Izzy_> ok
ninjashogun: Mats_cd03, we know for a fact that with real currencies the answer is "yes". We know because people used paypal when paypal froze merchant's accounts and ruined their businesses. We know because people use US Banks when US Banks freeze people's accounts while they're under investigatoin. etc.
benkay: difference there being 0.01% get fucked vs. 100% get fucked in this situation.
benkay: .bait
ozbot: http://24.media.tumblr.com/6c8140cdfacc9094758b3b455fded46a/tumblr_mgk585YVJc1rgmx4co1_500.jpg
Duffer1: ninjashogun cryptostocks continued operation is a gross violation of common sense, morality, and probably most jurisdiction's laws
benkay: cute.
moiety: i like this one
benkay: cryptostocks continued operation is a gross violation of thermodynamics.
benkay: vircurex too.
Apocalyptic: ^
Mats_cd03: thighs
BingoBoingo: benkay: I don't think it is proper to separate the shenanigans of the two
Mats_cd03: nobody cares about the continued operation per se; its the continued damage to the reputation of legitimate operators within the ecosystem
assbot: [HAVELOCK] [AM100] 70 @ 0.00630873 = 0.4416 BTC [-] {2}
Duffer1: that and the certain damage to future unwary participants in the exchange
Mats_cd03: besides which, there is no incentive for new customers in lieu of a new risk profile
benkay: fuck 'em all, let everyone drown.
benkay: it's a rotten ship and they're all rats.
Mats_cd03: paypal and usg having a number of such incentives that enable them to operate like thugs
benkay: Mats_cd03: tack another three order of magnitude on for thuggery.
Mats_cd03: also, something about conflating deposits in a exchange with actual currency...
Mats_cd03: reconsidering whether or not im being trolled tbqh
ninjashogun: Mats_cd03, you're not being trolled
ninjashogun: It's interesting though that the exchanges are behaving as the early unregulated banks did. Complete with bank runs :) (According to the quoted Vircurex text - "https://vircurex.com/welcome/ann_reserved.html")
ninjashogun: "We had enough coin balances in our cold wallet to upkeep our platform and the positive cashflow enabled us to gradually refill the wallets.
ninjashogun: Unfortunately we had large fund withdrawals in the last weeks which have lead to a complete depletion of our cold wallet balance and we are now facing the option of either closing the site with significant unrecoverable losses for all or to work out a solution that allows the exchange to continue to operate and gradually pay back the losses. "
ninjashogun: I never thought I'd see this in my lifetime :) :) :)
moiety: what the absolute fuck
ninjashogun: moiety, you know the history of banks in the United States (and elswhere) right
moiety: ninjashogun: why yes, only yesterday i learned the voice of siri was the voice for the very first atm (tillie the teller i believe) << such history
blackwhite: someone would make a killing setting up a 24/7 security company watching over those online wallets
moiety: sigh* why do you ask ninjashogun
blackwhite: how the fuck can their security be so bad? Or is it just the hackers who are that good?
moiety: or hidden answer c. scamming fucks
TestingUnoDosTre: never knew that about tillie the teller, thanks moiety
BingoBoingo: blackwhite: Vircurex was hacked way back during Winter 2012-Spring 2013
blackwhite: yeah
TestingUnoDosTre: quick poll here: How long does it take for all of you to type "We were hacked for XX,XXX BTC."
moiety: TestingUnoDosTre: https://www.youtube.com/watch?v=T6boqUfzUD8 here she is explaining
BingoBoingo: blackwhite: In their case the culprit seemed to be Ruby on Rails
cazalla: people actually use siri?
assbot: [HAVELOCK] [B.MINE] 10 @ 0.055035 = 0.5504 BTC [-] {3}
TestingUnoDosTre: People are ridiculous, no?
kakobrekla: <blackwhite> someone would make a killing setting up a 24/7 security company watching over those online wallets < - is this opening asciis parachute after you have hit the ground?
blackwhite: ?
blackwhite: sorry not sure I understand?
blackwhite: humor and irony is lost on me
Apocalyptic: kako : sounds like it
Apocalyptic: blackwhite, when you notice the theft it's already too late
blackwhite: yeah sure. But I am pretty sure one of the problems is that they are not looking and monitoring all the time
blackwhite: so I am saying setup a company who look for suspicius deals or have a whitelist of larger transactions. (i.e. tell this company when you are going to make larger transactions)
radan: can I wager money on mpoe
radan: or mpex
Apocalyptic: "have a whitelist of larger transactions." what ?
Apocalyptic: i'm not sure you get how it works
Apocalyptic: and what prevents the theif from withdrawing a lot in small amounts ,
Mats_cd03: radan: http://bitbet.us/bet/784/s-mpoe-to-rise-above-0-001-before-july http://bitbet.us/bet/790/mpex-to-become-sec-recognized-sro-in-2014/
mircea_popescu: soo
radan: what does "trades above 0.001 BTC " mean
mircea_popescu: what's new
Mats_cd03: per share
radan: so like
radan: btc instead of dollars
ninjashogun: radan ye
ninjashogun: btc is a currency
ninjashogun: like the way ice cream can cost $0.75 for example, it could cost a certain amount of BTC 0.001 or whatever
radan: right
radan: so mpoe's had an ipo
radan: and people are buying stock in it
ninjashogun: yes
ninjashogun: exactly
radan: wow
TestingUnoDosTre: ;;whoami
gribble: I don't recognize you.
mircea_popescu: that was in... 2012 ?
radan: the future is now
TestingUnoDosTre: no, the future was 2012
blackwhite: Apocalyptic i get how it works and nothing prevents them from removing a lot of small amount other than that kind of consitution the same as a large amount. If they have to do it over a month then I would most probably know.
blackwhite: constituting even
radan: why don't banks do this
TestingUnoDosTre: ;;whois radan
gribble: Error: You don't have the network.whois capability. If you think that you should have this capability, be sure that you are identified before trying again. The 'whoami' command can tell you if you're identified.
blackwhite: anyway just thinking out loud here.
radan: besides that they probably have tons of cash to play around with in usd
TestingUnoDosTre: do the mods at bitbet work certain hours of the day, or are they more like round clock rotation type
mircea_popescu: sorta round the clock.
radan: wow
radan: someone bet 600,000 that bitcoin will beat berkshire hathaway
radan: maybe they know something we don't
TestingUnoDosTre: someone
TestingUnoDosTre: lol
TestingUnoDosTre: it's called bitcoin
copumpkin: radan: the someone was the last message before you said that
MisterE: Finally someone is making a derivatives market!
MisterE: I hope this is the stability we've been looking for
radan: oh, cool
moiety: i sent someone to bitbet today. i linked them and they still searched google and tried .com. conclusion: some people can't be helped.
radan: maybe I should bet .1 btc on that bet
mircea_popescu: moiety you ever hook up with that izzy chick ?
radan: if I win, then I get 2.8 bitcoin
MisterE: my first time to bitbet I hit .com too
moiety: doesn't look like she has everre-appeared
mircea_popescu: ah
moiety: i did think on emailing her, but .. life.
radan: but my whole life savings is in btc
radan: if I lose .1 btc I'd be down 60 actual dollars
radan: hmm
mircea_popescu: MisterE you know we had a derivatives market for about two years, and yes it did bring plenty of stability heh
mircea_popescu contemplates being butthurt
radan: I guess it's a better investment than keeping in my wallet doing nothing
radan: alright, I'll do it
mircea_popescu: bets aren't really investments, they're gambling
moiety: ;; later tell Izzy_ Do you still need help?
gribble: The operation succeeded.
ninjashogun: mircea_popescu did you ever trade debt?
ninjashogun: mircea_popescu, or even default swaps for example?
radan: how do I bet on bitbet
radan: wait nvm
radan: there's a faq
moiety: mircea_popescu: http://s18.photobucket.com/user/bobbarker31/media/3280983403_b0e0503945_o.jpg.html
MisterE: please retype the internet into IRC for me :p
MisterE: what do you mean mircea_popescu ?
mircea_popescu: lol
TestingUnoDosTre: I wish you could trade default swaps on bitcoin companies... like virtuex
Apocalyptic: lol
mircea_popescu: MisterE http://trilema.com/2013/mpoe-march-2013-statement/ like that.
Apocalyptic: that would be nice indeed
CheckDavid: mircea_popescu: do you know about Master coin ?
mircea_popescu: yeah.
ninjashogun: so here's a genuine question.
duduqa: Have you ever considered creating an alt-channel #bitcoin-assets-stupid for beginners, people with learning disabilities etc like myself?
mircea_popescu: this is it.
CheckDavid: Any short comments on it mircea_popescu ?
CheckDavid: Loool
ninjashogun: given that there's no due dilligence that can be done. no contracts that can be enforced. no sec. no proof you're not getting scammed. and every listing on crypto stocks is a scam. and the OPERATOR is a scammer. ......... how is anyone investing? How is the market 'clearing' (bid meets ask)
mircea_popescu: CheckDavid it doesn't do much.
CheckDavid: Oh I see
ninjashogun: duduqa, come to #bitcoin-assets-stupid
ninjashogun: I am OP I will give you voice.
mircea_popescu: TestingUnoDosTre yeah, because the counterparties would be solvent, in that paralel universe where idiots have infinite bitcoins
mircea_popescu: to go with their infinite hitpoints
CheckDavid: You mean doesn't do much yet. Or it won't do much of anything in the near future?
mircea_popescu: CheckDavid what do you expect it to do ?
CheckDavid: Issue stocks for example
mircea_popescu: nubbins` maybe he meant unexpectedly keel over.
CheckDavid: Distribute dividends
TestingUnoDosTre: you could sell them in neat little batches with different risk profiles... it would be a paradise
ninjashogun: CheckDavid, come to #bitcoins-assets-stupid with me and duduqa
CheckDavid: Exchange currencies without risk of scam at the trade level
CheckDavid: ninjashogun: go sleep
radan: is multibit secure?
ninjashogun: lol ok
CheckDavid: Haha
mircea_popescu: radan more or less
ninjashogun: wait I do want an answer to my question above on why anyone would invest in crypto stocks - don't people with money to invest have standards?
ninjashogun: given that there's no due dilligence that can be done. no contracts that can be enforced. no sec. no proof you're not getting scammed. and every listing on crypto stocks is a scam. and the OPERATOR is a scammer. ......... how is anyone investing?
radan: awesome
mircea_popescu: no major issues so far afaik
moiety: you just listed reasons why you haven't found investment yourself there ninjashogun
BingoBoingo: radan: I prefer 0.5.11 to newer multibit releases
kakobrekla: they are not all scam, just most.
mircea_popescu: bitcoin decentral accelerate ? srsly ?
mircea_popescu: "the world's first" of course.
mircea_popescu: who the fuck thought someone wants a mentor they've never met.
mircea_popescu: jesus im too old for online
ninjashogun: moiety- I have not listed on any crypto stock site.
moiety: thats not what i meant
ninjashogun: moeity - I was kind of invited by someone - not sure if he's a scammer. (that means he probably is.)
ninjashogun: fyrstikken was the person
ninjashogun: Do you guys know what he's doing?
moiety: lovely for you ninjashogun, invited where? make sure he sees you home like a gentleman
MisterE: MP: I see that monthly statement, bummer month, but anyways what am I missing about a derivatives connection? the bonds market?
radan: this feels pretty momentous
mircea_popescu: options are derivatives in my book
mircea_popescu: not in yours ?
copumpkin: o.O
ninjashogun: invited to list on his site
ninjashogun: forget the link - it has fyrstikken in it
ninjashogun: I mean, I forget the name of the link, but it has the term "fyrstikken" in it.
ninjashogun: it's a crypto stock link.
mircea_popescu: ThickAsThieves yeah, everyone's trying to pass off bucket shop bullshit for "derivatives"
mircea_popescu: non deliverable = scam. period.
radan: wait a second
radan: is bitbet legal
MisterE: yea they are but a robust derivatives market is more than options
mircea_popescu: MisterE well x.eur is a future. x.idiff are futures
ninjashogun: I found the link in my logs. It's http://www.fyrstikken.tv/3993A732-057F-426B-A046-7B44B7ED03D6/Fyrstikken.TV.html
ninjashogun: and I was introduced to him explicitly by someone.
MisterE: I dont think I'm understanding everything I'm reading there
asciilifeform: today's lulz:
MisterE: ok
ninjashogun: Do any of you know that site?
ThickAsThieves: undeliverable isnt the same as non-deliverable
mircea_popescu: the various stocks either don't have enough volume or, for the non-mpex crowd, arten't actually stocks, don't even publish statements etc
ninjashogun: hi, asciilifeform
mircea_popescu: cfds are a long way away
mircea_popescu: ThickAsThieves what difference do yo uhave in mind there ?
ThickAsThieves: referring to diff futures etc not being the same as USD btc options
mircea_popescu: diff futures are a pain in the butt
mircea_popescu: but from what i've seen these people were trying to sell icbit-style "futures" on the usd
ThickAsThieves: but one of the futures i know
ThickAsThieves: best*
mircea_popescu: was the wsj story about diff futures ?
ThickAsThieves: love me some diff bets
ThickAsThieves: no
ThickAsThieves: i dont think so at least
ThickAsThieves: there were a few today i didnt read em all
ozbot: Online casino - Wikipedia, the free encyclopedia
ThickAsThieves: i assumed it was all the same news
radan: it's alright
TestingUnoDosTre: asciilifeform that is some top secret shit right there 1!!
radan: unless you live in nevada you can probably use it, I gather
mircea_popescu: asciilifeform i'd really love to see the chinese files on nato
MisterE: ThickAsThieves: you're talking abotu Tera?
ThickAsThieves: "The first way is as follows, since 80% of the Icelandic population is on Facebook, Icelandic citizens will be able to claim their coins simply by logging into Facebook through a gateway."
ThickAsThieves: MisterE i dunno
ThickAsThieves: i mostly forgot about it after i read it
ThickAsThieves: i cant respect a btc derivative that doesnt touch btc
ThickAsThieves: too dirty
mircea_popescu: ;;later tell MykelSIlver it makes relatively little difference what software bitbet.us runs, as webserver doesn't really hold coins anywya
gribble: The operation succeeded.
mircea_popescu: kakobrekla: i was actually contemplating just copy pasting the output of current wp in a html file << notrly such a bad idea.
ThickAsThieves: it makes a difference if the site can be compromised and depsot addressed get mitm'd
ThickAsThieves: deposit*
mircea_popescu: well it doesn't run wordpress afaik, but that's no absolute guarantee.
ThickAsThieves: wordpress loving to be compromised n all
mircea_popescu: concerned parties are advised to send some dust first, that'll verify the address and lock it down
assbot: [MPEX] [S.MPOE] 19400 @ 0.00095224 = 18.4735 BTC [-] {2}
ThickAsThieves: "The second way for an Icelandic citizen to receive their auroracoins will be through SMS. The person’s cell phone number will then be matched with their National ID number and once verified the user will receive their auroracoins."
ozbot: Judge Joe Brown Arrested and Jailed for Contempt of Court
mircea_popescu: ;;later tell benkay that salt stuff sounds like unintended malleability.
gribble: The operation succeeded.
MisterE: pretty much everyone I know gets hacked for the first time using WordPress
ThickAsThieves: is there a year-long auroracoin bet yet?
mircea_popescu: BingoBoingo cou, being, of course, ass. in french. so contempt of cou...
radan: damn, iceland's pretty smart
ThickAsThieves: ...
MisterE: this is the news I'm talking about ThickAsThieves http://www.bloomberg.com/news/2014-03-24/bitcoin-swaps-near-reality-as-tera-group-forms-legal-framework.html
radan: this is like giving every man a farm so he can work productively
ThickAsThieves: iceland has no part in it radan
MisterE: yea I wanted to move to Iceland for long time now
ThickAsThieves: it's just some guy sending coins to people
ThickAsThieves: an idea of a thing
mircea_popescu: ~worthless~ coins to peoplke.
BingoBoingo: mircea_popescu: Well, of all of the things to have drawn contempt from, asses might not be that bad
radan: I don't think you can, MisterE
radan: Iceland's pretty tight on immigration unless you're rich or a refugee
MisterE: yea not unless you're Scandanavian resident already
MisterE: thats what I found
radan: I presume you want to go there because they have a stable society
moiety: i like to top comment re judge judy BingoBoingo
ThickAsThieves: go to switzerland
ThickAsThieves: or canada
ThickAsThieves: pretty stable places
assbot: [HAVELOCK] [NEOBEE] 35 @ 0.00299999 = 0.105 BTC [+]
radan: but consider that the reason for this is that everyone shares significant ethnic and cultural bonds you are not privy to
MisterE: canada is lost
MisterE: and Iceland is on the same track so in retrospect I'm glad I stayed put
asciilifeform: mark twain's theorem. 'don't join the club that would let you in.'
mircea_popescu: whos judge brown anyway
TestingUnoDosTre: If anyone finds a version of that bitcoin swaps article that contains comments about the winklevoss brothers, please send it to me. I read it earlier today and broke out laughing, but I can't find it now :(
bones`: My hometown shining star of Reality TV, mircea_popescu
ThickAsThieves: a tv judge?
ThickAsThieves: yeah
ThickAsThieves: like Montel meets Judge Judy
bones`: He just gets loud and says catchphrases
ThickAsThieves: he looks way cooler with that handlebar stache
bones`: He looks like 5 miles of bad road if you ask me
radan: alright
radan: I did it
BingoBoingo: mircea_popescu: He was one of those daytime shows that keep those with nothing to do during the day sated in between ration tickets.
TestingUnoDosTre: apparently, he was an actual criminal judge for a county back in the day
bones`: Ya my county. :(
mircea_popescu: deadweasel finance couldn't be abandoned, i dont think. merely reduced to it's bare bones.
TestingUnoDosTre: I would rather my county have a pompous tv personality judge than a real hard ass judge
radan: hopefully I won't need to eat those 60 bucks anytime soon
mircea_popescu: currently there's one valuable person per bank office : the credits officer. he's the guy that makes the call if lending is a good idea.
mircea_popescu: everyone else just pushes paper, does forms and bs. that could be done away with
BingoBoingo: Joe Brown is one of those cases of if you stare too deep into the ghetto, you eventually become ghetto
mircea_popescu: cut 99.5% of the workforce woreking in a bank, increase salaries for the remainder 10 to 100x
mircea_popescu: more inequality, better service.
ThickAsThieves: no one goes to banks anymore anyway
mircea_popescu: i do actually.
radan: consider that the purpose of a business (from a societal, not individual viewpoint) is to keep as many people as busy as possible
ThickAsThieves: well me too
ThickAsThieves: but
ThickAsThieves: i read an article today that says like 30% down or something
radan: that's one of the metrics the government likes to use
mircea_popescu: well prolly.
ThickAsThieves: http://www.buzzfeed.com/matthewzeitlin/more-than-30-of-americans-havent-visited-a-bank-in-last-six
ozbot: More Than 30% Of Americans Haven't Visited A Bank In The Last Six Months
mircea_popescu: radan government can stand on its head. businessmen decide what business is.
mircea_popescu: ThickAsThieves that may be because they're broke.
radan: in a perfect world, yea
mircea_popescu: ;;later peterl it's not changed since last year.
gribble: Error: The "Later" plugin is loaded, but there is no command named "peterl" in it. Try "list Later" to see the commands in the "Later" plugin.
asciilifeform: can't speak for others in the land of the sad, but i haven't been inside a bank in ages.
mircea_popescu: ;;later tell peterl it's not changed since last year.
gribble: The operation succeeded.
radan: but governments tend to monopolize force
asciilifeform: most banks let you deposit cheques by photocopy now
ThickAsThieves: also cuz everyone uses credit cards
MisterE: lending officers rarely are located in branches anymore
radan: and use it like a club to beat on anyone who's not following their "recommendations"
MisterE: they mostly rely on computer algorithms and usually give the go ahead from some corporate HQ
moiety: i'm only ever in my bank when i need to shout at them for fucking something up
MisterE: ^
mircea_popescu: i wonder how long before that berkshire bet collects 1k on no side
ThickAsThieves: i'm quite happy the Yes bets are so little
assbot: [MPEX] [S.MPOE] 20889 @ 0.00095455 = 19.9396 BTC [+] {2}
radan: waaaait
mircea_popescu: so little ? it's huge
ThickAsThieves: since yours
radan: I thought betting yes would return 28x
radan: it only returns 1x and some change?
ThickAsThieves: so few, i shouldve said
mircea_popescu: radan you were probably looking at no
assbot: [MPEX] [S.MPOE] 9088 @ 0.00095652 = 8.6929 BTC [+] {3}
radan: :/
radan: trolled by my own reading comprehension
ThickAsThieves: yeah i read a bet like 4 or 5 times before sending
ThickAsThieves: it's amazing how twist a yes or no bet can be
assbot: AMAZING COMPANY!
ThickAsThieves: twisty*
mircea_popescu: a good policy is perhaps to never bet the day you discover a bet
ThickAsThieves: I have a celendar reminder to review bitbet every 3 days
radan: maybe I'll invest the same amount in the other direction to cancel it out
duduqa: have you guys seen this: http://www.semana.com/aplicaciones/articulo/peligro-ni-se-le-ocurra-intentar-ganar-plata-con-bitcoin/381503-3
mircea_popescu: you don't need the same ammt, read the article about how to cancel
duduqa: Colombia to "ban" bitcoin
mircea_popescu: duduqa i had no idea colombia actually can ban things. didn't they fail with cocaine ?
MisterE: radan: you're the kind of man they give free trips to Vegas to :p
duduqa: mircea_popescu: I said "ban" exactly because of that
MisterE: betting both sides, the house loves you :)
mircea_popescu: :p
mircea_popescu: MisterE no actually, betting both sides is the way to play.
mircea_popescu: this is mutual not bs.
ThickAsThieves: i bet both sides of the berkshire bet
ThickAsThieves: how could you not
MisterE: what?
MisterE: you have a fee so you're always out then
ozbot: BitBet - May I suggest 9B difficulty?
mircea_popescu: this is actually not so far off
mircea_popescu: MisterE you don't understand the weight
MisterE: oh there's odds?
mircea_popescu: there's weight and implicit odds
MisterE: thats understandable then
mircea_popescu: you can shave plenty just by watching the bets.
MisterE: hmmm
mircea_popescu: perfectly legit way to make cash. liquidity providing, as it were.
MisterE: I'm afraid to look into it another time sink!
mircea_popescu: yeah this isn't for amateurs. raw power, so it requires solid understanding of what's going on.
MisterE: the more I hear you guys chatter about it the more likely will though heh
benkay: i still don't actually understand how to actually play parimutuel odds
MisterE: I do remember briefly reading the site and what exactly a yes or no could mean was very difficult to determine sometimes
MisterE: even with the outcome explaination
MisterE: explanation*
radan: okay
radan: .1 on yes
moiety: way more fun to learn than say fucking javascript
radan: .05 on no
MisterE: benkay: I understand that as the first few people who are in share the winnings
radan: then I win either way
radan: god, this is awesome
radan: it's like a license to print money
benkay: moiety it can't be that hard to learn to say fucking javascript
benkay: pretty sure that's the first thing i learned when i started working with javascript as a matter of fact.
benkay: "fucking javascript"
MisterE: hah
moiety: not hard, just tedious benkay . i think i have the fucking javascript up part totally down
benkay: javascript and python feel like guns that just want to point at my feet
benkay: i'm out here trying to kill some bison to feed my people and my damn gun just won't stop pointing at my foot
mircea_popescu: radan lol enjoy.
moiety: python can just go slither away until i have a dev chained to a raditor somewhere
duduqa: gotta go, folks, have a goof day/night
moiety: radiator*
duduqa: good
radan: wait
radan: let's say the payout for yes on a given bet is 1.5
radan: and no's is, say, 20
radan: what stops you from betting 1 on yes
radan: and .5 on 20
radan: then you either make back what you made or win 10 btc
radan: *what you spent
benkay: radan: you've discovered hedging.
mircea_popescu: so now i'm getting spam from mastercoin.org
mircea_popescu: i guess that's what killfiles are for, but srsly...
moiety: did anjiecast ever come in?
mircea_popescu: sure.
moiety: what name? how did i miss that :/
mircea_popescu: princessnell
radan: actually, that's not possible on any of the bets up right now
radan: nvm
benkay: i scared her off, moiety
moiety: ah, lol i did see that :P
radan: unless the bet payouts increase in either direction
radan: that can't happen tho
Mats_cd03: you don't have to type every thought that comes into your head
moiety: it is a big channel, it was perhaps just all the eyes
radan: if some newbie reads the log and thinks he can print money based on what I said 10 mins ago, I'd like to help him out by telling him it's impossible
mircea_popescu: o, some noobie ?
Mats_cd03: lol
moiety: i can serve cosmopolitans and offer to burn bras at the door if required
assbot: [MPEX] [S.MPOE] 35116 @ 0.00095236 = 33.4431 BTC [-] {5}
TestingUnoDosTre: radan, the statement below the calculator is quite important to read "after fees, at current weight and assuming no one else bets"
kakobrekla: thats why its grayed out
mircea_popescu: lol
TestingUnoDosTre: hahahaha
TestingUnoDosTre: can you get your honkeys on http://bitbet.us/bet/792/btc-difficulty-increases-to-remain-under-16/
mike_c: everybody is going to get in on that proposed NBA finals bet as soon as it's approved.
mike_c: new ATH bitbet
MisterE: so you have to shore up your bets as it comes close to closing time for them
TestingUnoDosTre: like drop some more BTC on your same bet? what do you mean by shore up
radan: what stops people from arming militants or buying drugs with btc
radan: besides the low daily convertible volume
Mats_cd03: why should anything stop people from those things
TestingUnoDosTre: because the phrase BTC was injected, duh
radan: so either they do happen
moiety: who says it is stopped radan?
radan: or the kind of people who do that kind of stuff don't know about bitcoin
radan: hmm
moiety: fed bought abrin off a teenager with btc
TestingUnoDosTre: abrin?
moiety: a toxin like ricin
TestingUnoDosTre: oh nevermind, read that article
TestingUnoDosTre: some kids are just... stupid
moiety: point is they can be stupid using fiat or btc, it's not the issue
the20year: How goes it?
MisterE: substitue "cash" for BTC
MisterE: same saem
MisterE: people buy drugs not BTC
moiety: drug related https://www.youtube.com/watch?v=odEiLWJYBL4&feature=youtu.be also bonus bears
radan: bitcoin should start accepting bitcoin
radan: *al qaeda
radan: or maybe they already do
radan: but only the saudis know what address they use :/
TestingUnoDosTre: corrupt us politicians should start accepting bitcoin, or maybe they already do
radan: oooh
TestingUnoDosTre: would love to see a superPAC funded by a BTC donation...
TomServo: .d
ozbot: 5.007 billion | Next Diff in 1987 blocks | Estimated Change: 49.6388% in 6d 22h 30m 43s
moiety: that video is actually circulating with fake subs re Fred Pherlps death
radan: the potential of all this is only just now dawning on me
moiety: Phelps*
benkay: lol radan
TestingUnoDosTre: radan, have you not pondered much on the real world before?
benkay: give it a year, the mindfucks slow down eventually but don't stop.
moiety: lol
benkay: you don't even have to wrap your head around the monster that was mpoe.
mircea_popescu: le minfuques
benkay: that's not french!
mircea_popescu: then why do you think i have this outrageous accent
mircea_popescu: you silly beenquey
benkay: you're simply outrageous, mircea_popescu
mircea_popescu: no
mircea_popescu: no i am no
benkay: murcha popaskew
mircea_popescu: no no no i am
mircea_popescu: yes i am.
mircea_popescu: ;;google are you the simply outrageous brain specialist
gribble: You'll have to answer these outrageous interview ... - GeekWire: <http://www.geekwire.com/2014/top-interview-questions-2014/>; Husband: Pregnant, brain-dead wife wouldn't want to be on life ...: <http://www.cnn.com/2014/01/15/justice/pregnant-life-support-texas/>; Why does modern medicine throw out our brains? - Outrageous ...: <http://www.outrageousfortune.net/2012/03/does- (1 more message)
assbot: [MPEX] [S.MPOE] 33217 @ 0.00094812 = 31.4937 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 18850 @ 0.00094794 = 17.8687 BTC [-]
mike_c: the20year: how's business? any new houses?
moiety: has anyone here used Subversion?
mike_c: probably lots (including me)
Apocalyptic: you should rather use git
moiety: its specifically for giving remote ssh access to one domain only rather than the whole hosting account. i can use git for that?
moiety: oh ofc nvm
moiety: whats wrong with subversion?
mike_c: nothing. just centralized vs. decentralized git/mercurial.
Apocalyptic: mike_c, also the fact that svn handles branches awfully
mike_c: well, mercurial can't do shallow clones.
mike_c: so there! :)
MisterE: git > svn
Apocalyptic: ^
the20year: mike_c: i'm not sure where hte last update was here. We have 6 total properties either purchased or in contract. closed on #4 today, supposed to close on #5 any day now. #6 closes the 7th of next month
mike_c: planning on more purchases?
moiety: i thought i always wanted decentralized on everything?
mike_c: i think you can build source control into an altcoin.
the20year: Yeah, definately. really would like to do a flip here soon but i don't have a any good candidates for that right now. Got a few duplexes I'm looking at, one is $27k the other is $39.9k
mike_c: the20year: and congrats on 6. the ipo was helpful then?
mike_c: wow, duplex for 27.
Apocalyptic: the20year, where are you buying these flats ?
the20year: Central Ohio
the20year: Yes, very helpful , we've got a few great announcements coming up. Still have 100ish BTC left in reserves for another property
the20year: One of the candidates we barely miss was just re-listed. They bought it for $52k, I imagine put $10k or less in it and have it on the market for $119k
mike_c: i'll take the duplex for 27.
the20year: I have to take a look at it, we might be able to get it for $20k or so. they bought it in 2006 and managed it quite poorly. tenant burnt down a garage and they gave it up
the20year: Well , gave up on being a landlord
KRS-One: why
mike_c: having your garage burnt down could do that :)
the20year: I'm gonna bet they didn't carry insurance
the20year: We on the otherhand carry half a million dollars on each property, and then are applying for a $2m-$3m blanket for the company itself
benkay: !t h rent
assbot: [HAVELOCK:RENT] 1D: 0.00525000 / 0.00557689 / 0.00563480 (119 shares, 0.66365036 BTC), 7D: 0.00520000 / 0.00543286 / 0.00568460 (2290 shares, 12.44126039 BTC), 30D: 0.00510111 / 0.00555894 / 0.00900001 (50160 shares, 278.83621664 BTC)
the20year: Well , it's half a mill per occupant, then premises of no less than 80%. best thing on earth would be for a house to be burnt to the ground without anyone hurt :D it's amazing to me how much they insure our properties for
assbot: AMAZING COMPANY!
the20year: The property we just bought for $70k has a rebuild value of something like $275k
mircea_popescu: ThickAsThieves check it out, this dood would like to make a bet provided mpoe-pr doesn't pay for it in bitcoin and she agrees that no bet can be made.
mircea_popescu: these people.
benkay: interesting how RENT performs as it converts its BTC-denominated assets to USD-denominated assets.
the20year: and thankfully over all this volatility we've cashed out at higher BTC:USD values
rithm: bets on tops of bets!?!?!
nubbins`: just finished watching Contact
benkay: mircea_popescu: link?
nubbins`: not bad
mircea_popescu: bets of bets of beets
benkay: beetcoin
rithm: beets stain my teeth
mircea_popescu: benkay same ol, https://bitcointalk.org/index.php?topic=520882.msg5873896#msg5873896
benkay: it's purple!
mircea_popescu: but on the heels of the jimmothy O I BET YOU !!11 10 bitcents!11
mircea_popescu: kinda lulzy
mircea_popescu: o yeah, and he wanted odds.
ozbot: Poland Is Quietly Mobilizing Its Army Reservists | Zero Hedge
mircea_popescu: roughly the equivalent of mpoe-pr going tyre kicking around berkshire with stuff like "o this is a good investment you bigmouth ?!?! what sort of odds do you give bitcoi nbeats you ? 100:1 ? "
MisterE_: good movie nubbins`
MisterE_: sugar beets are good for all kinds of stuff
the20year: i thought they began mobilization last week
MisterE: what will Romania do if fighting breaks out in the Ukraine with Crimea?
mircea_popescu: probably nothing
MisterE: I guess nobody will do nothing without EU / nato
mircea_popescu: romania doesn't give a shit, as a general policy
Apocalyptic: inb4 Russian army in timisoara
the20year: invade moldova?
mircea_popescu: nah
the20year: poland has 500k+ in reserve, mobilizing 7k for practice doesn't seem too huge to me
mircea_popescu: there's a us base in constanta, which i guess the us will have to defend
mircea_popescu: and the russians probably don't want to get aywya
mircea_popescu: and i very much doubt romania cxan be bothered ot invade either moldova or cernauti
assbot: [HAVELOCK] [NEOBEE] 966 @ 0.00299999 = 2.898 BTC [+] {2}
chetty: this may be the war where everyone stayed home
mircea_popescu: they should prolly make a russian and us eve team
mircea_popescu: and have at it.
mircea_popescu: ;;prevdiffchange
gribble: 17.80244
assbot: [MPEX] [S.MPOE] 20138 @ 0.00094797 = 19.0902 BTC [+]
the20year: what movie was that the basis of?
the20year: 1 on 1 robot wars to settle boundary disputes?
mircea_popescu: i think a bunch of different ones
mircea_popescu: .d
ozbot: 5.007 billion | Next Diff in 1984 blocks | Estimated Change: 31.0849% in 9d 11h 40m 22s
benkay: robo combat's a bit of a trope at this point, the20year
the20year: Robot jox
MisterE: Pacific Rim was forgettable
MisterE: which is too bad
nubbins`: heard it's a piece of shit
nubbins`: trying to choose between wall street, glengarry glen ross, episode 1 of new cosmos, or bed
mike_c: always glengarry glen ross
ThickAsThieves: cosmos will put you to bed fo sho
the20year: where is the new cosmos
Apocalyptic: <nubbins`> heard it's a piece of shit << it's way worse actually
ThickAsThieves: pacific rim was more entertaining than cosmos ep1
ThickAsThieves: i watched gravity last night, that was actually pretty good
joecool: i should cop that
ThickAsThieves: it is what you think it is, but somehow it doesnt suck
MisterE: glengarry glen ross++
ThickAsThieves: if you have netflix, watch pontypool
ThickAsThieves: that's a cool one
nubbins`: saw it
nubbins`: that's the audio virus whatsit?
ThickAsThieves: yeah
nubbins` nods
nubbins`: cool idea
nubbins`: reminded me of snowcrash
nubbins`: but without the statutory rape
MisterE: uhh this? http://www.imdb.com/title/tt1226681/
ThickAsThieves: Safety Not Guaranteed wasnt bad
ThickAsThieves: Teeth is fun
ThickAsThieves: vagina dentata!
nubbins`: MisterE yep
nubbins`: canadiana
MisterE: ok wow
MisterE: horror / thriller is not usually a genre I consider
ThickAsThieves: if you havent seen Primer already, thats good
ThickAsThieves: Frozen (not the animated one)
ThickAsThieves: oh, The Signal
ThickAsThieves: The Corridor
ThickAsThieves: (i'm viewing my netflix rated section)
ThickAsThieves: i happen to like the Cube movies
ThickAsThieves: Shiver
ThickAsThieves: if you want scary japanese shit, 3 Extremes
cazalla: the scene in Frozen with the wolves, zomg
cazalla: oh wait, that is something else
MisterE: http://www.imdb.com/title/tt2910814/ this The Signal or 2007?
ozbot: The Signal (2014) - IMDb
ThickAsThieves: cazalla thats the one
ThickAsThieves: so good
cazalla: oh, there is a 2012 movie with the same name
ThickAsThieves: Pi
ThickAsThieves: Skew
cazalla: and yes, Safety Not Guaranteed was great imo