Hide Idle (>14 d.) Chans
← 2014-10-04 | 2014-10-06 → ↓
assbot: Q: SFSIWI Edition : Atomic Toasters
decimation: lol looks like a good way to lose a finger
decimation: btw here's the guy who likely wrote the bash bug: http://tiswww.case.edu/php/chet/
asciilifeform: -and- 'readline' !?
decimation: hehe lock away your women
decimation: 'gnu software': parsers written by derps who can't write parsers
decimation: asciilifeform: what kind of bell must be rung to convince people that 'reviewing' the monstrous pile of C code (on the C-machine) modern software uses is not just difficult - it's impossible
asciilifeform: what kind of bell must be rung to wake the dead?
asciilifeform: or at least to reanimate 'vegetables' ?
decimation: I've been reading derpage in the media about how much money amazon & google make of the wintel/linux stack and how little they obviously look at the details of what they are building
decimation: inevitably there's going to be some usg 'dept of c-machine hygiene'
asciilifeform: that'd be... microshit.
decimation: the vegetable analogy is incomplete - the 'vegetable' could get up and walk, or at least move its fingers, at any time
decimation: patient chooses to wallow in its vegetableness instead
asciilifeform: the semiconductor folks could decide to produce non-braindamaged circuits also at any time.
assbot: [HAVELOCK] [AM1] 211 @ 0.12399059 = 26.162 BTC [-] {14}
assbot: [HAVELOCK] [AM1] 21 @ 0.12117142 = 2.5446 BTC [-] {3}
assbot: [HAVELOCK] [RENT] 1091 @ 0.00410419 = 4.4777 BTC [-] {8}
ben_vulpes: novelty, ohio
ben_vulpes: my sides
ben_vulpes: chetty: you wrote bash bug?!
ben_vulpes: <mircea_popescu> for one thing, you can't really shower with one. << gold necklace?
ben_vulpes: mthreat: i creamed myself over the l39
ben_vulpes: but this pauper's gotta think smaller, like a 47: http://www.the47.com/
ben_vulpes: ;;gettrust themediator
gribble: WARNING: Currently not authenticated. Trust relationship from user ben_vulpes to user themediator: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=ben_vulpes&dest=themediator | WoT data: http://b-otc.com/vrd?nick=themediator | Rated since: never
The20YearIRCloud: and who's chet?
ben_vulpes: well do some reading
ben_vulpes: grepping logs for the link in question will illuminate much
ben_vulpes: decimation: saauce?
mthreat: ben_vulpes: I had assumed the l-39 went for around $1M, but they actually go for $175k up to $500k depending on avionics, refurbishing, etc
mthreat: ben_vulpes: but operating cost... burns up to 160 gallons per hour. i think jet fuel is $5/gallon.
mthreat: actually it probably burns more than 160gallons/hour at full throttle
assbot: Warbird Alley: L-39 Albatros Pilot Report
ben_vulpes: ;;calc 160*5
gribble: 800
mthreat: YEP
mthreat: oops
dub: thats a lot cheaper than your avg superyacht
The20YearIRCloud: mthreat - they're not expensive birds
The20YearIRCloud: I saw one that sold for something along the lines of $250k in full military gear
The20YearIRCloud: err wait, not the l39
mthreat: top speed about 500 mph
The20YearIRCloud: I'm thinking A-37 dragonfly
The20YearIRCloud: (One of my more favorite aircraft)
ben_vulpes: wait mph and aircraft
ben_vulpes: my tiny retarded brain just assploded
The20YearIRCloud: Some americans use mph, especially dealing with ww2 era aircraft
mthreat: mach 0.8
ben_vulpes: might actually get somewhere for a grand in that thing
assbot: [MPEX] [S.MPOE] 24450 @ 0.00074524 = 18.2211 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 13 @ 0.12223078 = 1.589 BTC [+] {3}
cazalla: don't go chasing buterin waterfalls.. (this one might be a tsunami)
[]bot: Bet placed: 10 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 83(Y):17(N) by coin, 67(Y):33(N) by weight. Total bet: 25.48725376 BTC. Current weight: 32,634.
assbot: [HAVELOCK] [B.MINE] 49 @ 0.01036353 = 0.5078 BTC [-]
cazalla: 150k + coins traded yet bitcoin days destroyed has not budged
punkman: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 316.0, Best ask: 316.43, Bid-ask spread: 0.43000, Last trade: 316.44, 24 hour volume: 33120.41662483, 24 hour low: 315.01, 24 hour high: 354.75, 24 hour vwap: 335.779786497
assbot: [HAVELOCK] [B.MINE] 50 @ 0.01036083 = 0.518 BTC [-] {3}
[]bot: Bet placed: 5 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 86(Y):14(N) by coin, 71(Y):29(N) by weight. Total bet: 30.48725376 BTC. Current weight: 32,599.
[]bot: Bet placed: 10 BTC for No on "Bitcoin to surpass Berkshire as an investment" http://bitbet.us/bet/786/ Odds: 29(Y):71(N) by coin, 47(Y):53(N) by weight. Total bet: 3827.19563163 BTC. Current weight: 39,533.
Apocalyptic: <cazalla> [10:38:13] 150k + coins traded yet bitcoin days destroyed has not budged // may be explained by the fact that it's almost all shorts if you're referring to bitfinex
thickasthieves: yeagh it cant go much lomger
thickasthieves: it can go much deeper though
Apocalyptic: you're still short tat ?
thickasthieves: been covering slowly on way down
thickasthieves: it was so fukn hard holding shorts in 330s
thickasthieves: but i'm learning
thickasthieves: to regulate my trigger finger
Apocalyptic: heh, I know that feeling
thickasthieves: i'm trying to figure out the current total btc swaps out on bfxdata.com
thickasthieves: but anything i see is hours old
thickasthieves: yet the USD swap data is current
[]bot: Bet placed: 1 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 86(Y):14(N) by coin, 72(Y):28(N) by weight. Total bet: 31.98725376 BTC. Current weight: 32,557.
[]bot: Bet placed: 3 BTC for No on "BTC Difficulty over 41Bn before November" http://bitbet.us/bet/1050/ Odds: 22(Y):78(N) by coin, 38(Y):62(N) by weight. Total bet: 26.15235445 BTC. Current weight: 22,119.
thickasthieves: also note there are like $20m in margin longs on bfx
thickasthieves: would be more fun to see them choked out
Apocalyptic: that's decent
assbot: Short logic (Reddits crappy ultimatum to remote workers and offices)
thickasthieves: i wonder if bfx is throttling swap data on purpose
[]bot: Bet placed: 4 BTC for No on "BTC Difficulty over 41Bn before November" http://bitbet.us/bet/1050/ Odds: 19(Y):81(N) by coin, 35(Y):65(N) by weight. Total bet: 30.15235445 BTC. Current weight: 21,915.
thickasthieves: ;;estimate
gribble: Next difficulty estimate | 34759474311.6 based on data since last change | 37121113125.0 based on data for last three days
thickasthieves: ;;bcstats
gribble: Current Blocks: 323941 | Current Difficulty: 3.466142592397694E10 | Next Difficulty At Block: 324575 | Next Difficulty In: 634 blocks | Next Difficulty In About: 3 days, 20 hours, 13 minutes, and 5 seconds | Next Difficulty Estimate: 34759474311.6 | Estimated Percent Change: 0.28287
thickasthieves: looks like it's turning back up
[]bot: Bet placed: 2 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 87(Y):13(N) by coin, 73(Y):27(N) by weight. Total bet: 33.98725376 BTC. Current weight: 32,513.
thickasthieves: time to test 300
punkman: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 307.71, Best ask: 307.77, Bid-ask spread: 0.06000, Last trade: 307.77, 24 hour volume: 34788.90694890, 24 hour low: 307.11, 24 hour high: 353.87, 24 hour vwap: 333.475147624
thickasthieves: btce at 299
thickasthieves: here comes the despair!
[]bot: Bet placed: 4 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 89(Y):11(N) by coin, 76(Y):24(N) by weight. Total bet: 37.98725376 BTC. Current weight: 32,503.
cazalla: ooh, just in time whoever that was
[]bot: Bet placed: 7 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 90(Y):10(N) by coin, 79(Y):21(N) by weight. Total bet: 44.98725376 BTC. Current weight: 32,501.
[]bot: Bet placed: 3 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 92(Y):8(N) by coin, 81(Y):19(N) by weight. Total bet: 51.38725376 BTC. Current weight: 32,484.
[]bot: Bet placed: 1.9 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 92(Y):8(N) by coin, 81(Y):19(N) by weight. Total bet: 51.38725376 BTC. Current weight: 32,484.
[]bot: Bet placed: 5 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 92(Y):8(N) by coin, 82(Y):18(N) by weight. Total bet: 56.38725376 BTC. Current weight: 32,471.
thickasthieves: livin on the edge
decimation: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 307.28, Best ask: 307.98, Bid-ask spread: 0.70000, Last trade: 307.98, 24 hour volume: 38748.62497416, 24 hour low: 301.0, 24 hour high: 351.17, 24 hour vwap: 328.963391846
decimation: ben_vulpes: saauce for what?
decimation: asciilifeform: there is an amusing side story to that little two-wheeled bot - it's called the 'recon scout'. Turns out that it was made for the us military, who don't give a shit about civilian usg frequency allocation rules. When they wanted to sell it in the us, they had to get a special note from Stalin because it was actually operating ... in the middle of the ham band: http://www.arrl.org/news/fcc-allows-robotic-device-in-
decimation: amateur-band
assbot: [HAVELOCK] [AM1] 5 @ 0.13899672 = 0.695 BTC [+] {4}
decimation: hams were pissed, asked fcc to reconsider - fcc reconsidered and said "yeah you can operate your bot in the ham band"
assbot: FCC Denies ARRL Petition to Deny ReconRobotics Licenses, But Limits Devices to 100 kHz Bandwidth
assbot: [MPEX] [S.MPOE] 44144 @ 0.0007494 = 33.0815 BTC [+] {4}
assbot: Navy: Self-Guided Unmanned Patrol Boats Make Debut - ABC News
dub: neat
dub: was pondering a personal defense bot a few years ago, like a smart shuriken you can deploy a bunch of when under attack form ninjas and zombies
dub: and system where an airliner falling out of teh sky ejects its passengers to be individually caught by bot swarm
decimation: dub: lol
decimation: if one would go to the trouble of engineering an ejection system, why not add a parachute for each seat?
dub: or encase them in a protective foam/substance
jurov: ;;seen davout
gribble: davout was last seen in #bitcoin-assets 6 days, 3 hours, 50 minutes, and 13 seconds ago: <davout> oui et toi-même ?
jurov: ;;later tell davout you really don't need help with x.eur MM bot? i don't even remmeber when there were any asks
gribble: The operation succeeded.
jurov: !d x.eur
jurov: $depth m x.eur
empyex: jurov: [X.EUR] Bids: 1875 @ 0.00120000 2000 @ 0.00100000
empyex: jurov: [X.EUR] Asks:
jurov: i feel like no one is looking to mpex and nobody notices stuff anymore
jurov: why?
jurov: i'm then reluctant to invest time and effort into improving coinbr, too
thickasthieves: because mpex isnt providing anything people want to play with intraday
jurov: havecock does?
thickasthieves: not in any way significant to people with money
thickasthieves: hl just has the mining thing, AM holdouts, and RENT IPOz
jurov: ikr. but it at leas it does not have such desolate looking order books
thickasthieves: mpex investors dont like taking losses
thickasthieves: would love if mpex or an mpex property offered any sort of price instrument that would allow moving volume from other exchanges
thickasthieves: itd also be nice if the pricing werent abstracted in some fukt way that i need a spreadsheet just to know values
pankkake: jurov: 0.00020000 * 44`166 for F.MPIF, isn't it a market maker opportunity?
thickasthieves: jurov has limits on him
thickasthieves: can only trade in 1% or sumth
jurov: no
jurov: !mpif
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021861 B (Total: 478.05 B). Delta: -2.17 B. I don't know those people, and they don't look very friendly.
jurov: ;;calc 0.00021861/1.01
gribble: 0.000216445544554
jurov: ;;calc 0.00021861*1.01
gribble: 0.0002207961
jurov: i shall trade outside of this
pankkake: isn't it well outside?
jurov: oh i see
jurov: but i want a bit bigger margin
jurov: don't want to end up with whole position on F.MPIF side
pankkake: here is 0.000195.
assbot: [MPEX] [FN] [F.MPIF] 26200 @ 0.00019809 = 5.19 BTC {3}
jurov: oh they're liquidating as i'm writing...lemme see
assbot: [MPEX] [FN] [F.MPIF] 17966 @ 0.000195 = 3.5034 BTC [-]
jurov: done. i'll now prolly pester mircea about buyback
mats_cd03: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 312.4, Best ask: 312.96, Bid-ask spread: 0.56000, Last trade: 313.39, 24 hour volume: 38702.20084884, 24 hour low: 301.0, 24 hour high: 350.0, 24 hour vwap: 328.371621193
mats_cd03: it rises
thickasthieves: not for long
thickasthieves: nice walls
assbot: NFL Bans Beats Headphones On Camera (Updated) | Re/code
thickasthieves: this, after the league made a deal with Bose
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 305176.15 in 536 blocks (#46368) Est. % Change: -83.75
thickasthieves: 5000btc wall at 300$, someone really doesnt wanna lose the bitbet
mircea_popescu: !up jdany
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 313.82, Best ask: 314.08, Bid-ask spread: 0.26000, Last trade: 314.07, 24 hour volume: 39060.58237394, 24 hour low: 301.0, 24 hour high: 350.0, 24 hour vwap: 326.651978774
thickasthieves: hey jdany
mircea_popescu: the risk when one tries to artificially depress a security is that he'll end up selling most of his load at the lowest price and then have to repay the borrow at the high price.
thickasthieves: jdany messaged me on bitcointalk asking why i left, i explained there was no reason to stay and that here is better
mircea_popescu: it's how the cornering of the silver market worked
mircea_popescu: thickasthieves ah i see
mircea_popescu: !up jdany_
mircea_popescu: welcome.
mircea_popescu: http://en.wikipedia.org/wiki/Silver_Thursday << this being the tardpedia discussion on the topic.
assbot: Silver Thursday - Wikipedia, the free encyclopedia
mircea_popescu: i will take it very personally if the actual financial collapse of the us is brought about by a manic attempt to chase losses in their failed attempts to maninpulate the btc price.
jdany_: Hey!
jdany_: Thanks Tat
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 313.01, Best ask: 314.61, Bid-ask spread: 1.60000, Last trade: 314.61, 24 hour volume: 38969.08891951, 24 hour low: 301.0, 24 hour high: 350.0, 24 hour vwap: 326.626642982
mircea_popescu: a .5% spread heh.
jdany_: I was wondering where some of the more active names were going...
mircea_popescu: so now you found it.
mircea_popescu: the log should provide ample reading material to catch up.
mircea_popescu: also there's a dedicated search function
mircea_popescu: !s tardstalk
mircea_popescu: can be used in pm with assbot as well.
jdany_: Yep. So, do you guys stay active in Havelock - or are there other securities that I don't have exposure to
thickasthieves: none of us use havelock anymore really
thickasthieves: and the only securities woth consideration are probably on mpex
mircea_popescu: i think The20YearIRCloud uses it
thickasthieves: RENT might be legit
jdany_: Sour on Asicminer?
thickasthieves: although he did just lose a bunch of fiat for his fiat business
thickasthieves: i was sour for a long time on AM
jdany_: I was speaking generally
thickasthieves: board didnt seem capable of fixing so i left
jdany_: but, I assume you got shafted at some point with AM
thickasthieves: depends what you mean? did i sell all shares at absolute top, no?
thickasthieves: did i get skimmed for 90 or so shares lost in transfers, yes
mats_cd03: ouch
The20YearIRCloud: HASH is doing well too
jdany_: Everything with you happened very abruptly.
mircea_popescu: their retarded "we'll issue shares, but on glbse ; we'll keep the shares, but on our own ah-doc registry" was perhaps the most braindamaged piece of financial management ever displayed to the public.
mircea_popescu: it marginally beats even the wall street derps doing gauss copulae on excel spreadsheets
assbot: Peter Thiel Wants to Make Hackers Into Heroes -- NYMag
jdany_: I figured you get fed up, dumped and bailed
thickasthieves: mp yeha it got to a point where there were too many unique open cases and balancing the transfer books was impossible
mircea_popescu: "Name a science fiction movie in the last 25 years that shows technology in a positive light,” says Peter Thiel << anything made in asia ?
dub: tbh 'they' have continue to display a good level of brain damage
The20YearIRCloud: The matrix
The20YearIRCloud: It showed technology in a positive light, humans were finally unable to destroy gaia
jurov: transcendence or how it was called was rather positive about tech
thickasthieves: jdany_ leaving AM (and all bitcoin securities dealings) was something that took a few mos to prep and execute
mircea_popescu: matrix ? nah. the us anti-intellectualism fully at work : technology as the magic of the evil, desocialised, psychopathic dr evil.
thickasthieves: Neo dying just expedited it
mircea_popescu: "Tall and thin with close-cropped hair and ageless skin" what the motherfucking shit is wrong with these people.
mircea_popescu: who thinks anyone cares to hear about how thiel's skin is ?!
mircea_popescu: who reads nymag, nysexaddicts ?!
mircea_popescu: is this some sort of braindamged feminism run amok where they imagine that if they "microagress" the patriarchy by discussing thiel as if he were some made-to-fuck-once-and-discard popstarlet something's gonna happen ?
mircea_popescu: i mean, something other than chuckles at their expense ?
mats_cd03: elite worship is common
mircea_popescu: not in female terms.
mircea_popescu: his skin could be hellraiser's for all the difference it'd make to his life.
mircea_popescu: because he's not a woman.
assbot: [MPEX] [S.MPOE] 34000 @ 0.00074602 = 25.3647 BTC [-] {2}
kakobrekla: <mircea_popescu> the risk when one tries to artificially depress a security is that he'll end up selling most of his load at the lowest price and then have to repay the borrow at the high price. < way easier to default
mircea_popescu: if they end up defaulting because misjudged their strength and got head bit off by bitcoin i'll have the most satisfying wank conceivable by man
mircea_popescu: i'll prolly have a special lotion designed for the experience.
kakobrekla: meh such default has zero weight
kakobrekla: (would love to be wrong here)
mircea_popescu: ohohohoho notrly. while the abject selfdebasing of the highschool priss is exactly of zero practical weight, as there are more pleasant girls and better trained, so one'd never seriously use her for a direct purpose,
mircea_popescu: nevertheless in amusement terms it's quite something.
mircea_popescu: all meta, kako. all meta.
TheNewDeal: ;;market buy 10000
gribble: Bitstamp | A market order to buy 10000 bitcoins right now would take 3875629.8332 USD and would take the last price up to 491.5800 USD, resulting in an average price of 387.5630 USD/BTC. | Data vintage: 0.0915 seconds
TheNewDeal: not bad
jurov: what can usg default on? does it have any bitcoin-denominated debt yet?
mircea_popescu: the beauty of it all is that it does.
jurov: what one?
mircea_popescu: what one ?!
jurov: who borrowed btc to them?
thickasthieves: <+mircea_popescu> his skin could be hellraiser's for all the difference it'd make to his life. /// maybe the guy just had particularly distracting skin, probly not, but ive seen such before
jurov: *lent
TheNewDeal: jurov china, then they banned it ;)
jurov: not sure if serious..link?
mircea_popescu: jurov i am serious, it is not public knowledge either.
thickasthieves: i'm just waiting for bitcoin to ban china
mircea_popescu: you know, just like the $ amt someone paid for their supposed stash is not public knowledge.
mircea_popescu: thickasthieves ain't happening.
mircea_popescu: and wh ywould it ?
thickasthieves: mostly joking
thickasthieves: but i do worry for people using their exchanges
mircea_popescu: eh, they're chinese
mircea_popescu: they're used to being scammed.
thickasthieves: i guess exchange worry is universal
jurov digests the information
thickasthieves: diff is spiking now
thickasthieves: we got trolled
thickasthieves: ;;estimate
gribble: Next difficulty estimate | 34976843352.0 based on data since last change | 37790971411.8 based on data for last three days
TheNewDeal: ;;nethash
gribble: 270522438.341
The20YearIRCloud: Well this is nice, i didn't realize the controller for my kids quadcopter was a 2.4ghz device. It jams our home's wifi signal
kakobrekla: try switching channels
The20YearIRCloud: the router i believe switches channels automatically when there's a signal blocking it, i think the helicopter thing is just so leaky that it prevents the wifi sinal
The20YearIRCloud: Granted it's an easy fix - don't fly the helicopter inside
TheNewDeal: 2.4gz doesnt penetrate walls?
TheNewDeal: I was going to say, tell him to fly it by your least favorite neighbor
mircea_popescu: hm this shouldn't really be possible, surprised they allowed the import
The20YearIRCloud: It does,but when we fly it outside there isn't any wifi interuption it sems
The20YearIRCloud: FCC doesn't actively monitor small devices
mircea_popescu: they still gotta get a cert to be allowed to import it.
mircea_popescu: i guess someone somewhere be rubberstampin'.
TheNewDeal: can I bring this on an airplane and fuck with people?
TheNewDeal: or is that asking for trouble
mircea_popescu: TheNewDeal not really in your best interest. if you manage to mess with the plane's comms you might even crash it
mats_cd03: you're unlikely to get caught
mircea_popescu: yes well sometimes success is its own punishment.
mircea_popescu: justusranvier hey, can i get you to contribute an article to qntra ?
mircea_popescu: ;;seen wywialm
gribble: wywialm was last seen in #bitcoin-assets 1 week, 2 days, 20 hours, 43 minutes, and 19 seconds ago: <wywialm> Oh, yeah. In this we certainly agree
mircea_popescu: ;;later tell wywialm say when you're about.
gribble: The operation succeeded.
mircea_popescu: ;;seen princessnell
gribble: princessnell was last seen in #bitcoin-assets 2 days, 0 hours, 46 minutes, and 42 seconds ago: <princessnell> hey gang
mircea_popescu: ;;later tell princessnell say when you're about.
gribble: The operation succeeded.
mircea_popescu: asciilifeform: -and- 'readline' !? << lulzy huh
mircea_popescu: ben_vulpes: chetty: you wrote bash bug?! <<< she'd better not have lol
mircea_popescu: but anyway, chet.ramey@case.edu aka 64EA74AB duly recorded.
mircea_popescu: mthreat: ben_vulpes: I had assumed the l-39 went for around $1M, but they actually go for $175k up to $500k depending on avionics, refurbishing, etc <<< the opcost is the bigger problem there
mircea_popescu: a, right, your next line :)
assbot: [MPEX] [S.MPOE] 6774 @ 0.00074611 = 5.0541 BTC [+]
TheNewDeal: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 282.0, Best ask: 284.94, Bid-ask spread: 2.94000, Last trade: 284.94, 24 hour volume: 48575.62049890, 24 hour low: 275.0, 24 hour high: 346.75, 24 hour vwap: 320.382021226
mircea_popescu: cazalla: 150k + coins traded yet bitcoin days destroyed has not budged << lulzy.
mircea_popescu: decimation: Later they opted to operate more bots in the ham band <<< seems a reasonable solution, really. emergency ham band requisition. what'd you have them do ?
kakobrekla: 30k btc ask @ 300 on stamp O_o
mircea_popescu: dub: and system where an airliner falling out of teh sky ejects its passengers to be individually caught by bot swarm <<< from what i recall this is actually under commercial development.
mircea_popescu: jurov: i feel like no one is looking to mpex and nobody notices stuff anymore << no, i noticed, left the guy a later tell.
TheNewDeal: damn 30k?
TheNewDeal: I would love to see some people take a few chomps at that
assbot: [HAVELOCK] [PETA] [PAID] 4.80694984 BTC to 1`149`988 shares, 418 satoshi per share
kakobrekla: ;;market buy 10000
gribble: Bitstamp | A market order to buy 10000 bitcoins right now would take 2998710.2763 USD and would take the last price up to 300.0000 USD, resulting in an average price of 299.8710 USD/BTC. | Data vintage: 33.2073 seconds
mircea_popescu: thickasthieves: would love if mpex or an mpex property offered any sort of price instrument that would allow moving volume from other exchanges << specifically ?
kakobrekla: ;;market buy 30000
gribble: Bitstamp | A market order to buy 30000 bitcoins right now would take 9007328.7238 USD and would take the last price up to 323.3100 USD, resulting in an average price of 300.2443 USD/BTC. | Data vintage: 50.2833 seconds
mircea_popescu: whoa pankkake is back ?!
mircea_popescu: where you been yo.
mircea_popescu: jurov: don't want to end up with whole position on F.MPIF side << why not ? i'll just unwind it. the latest report actually says so, didja read it ?
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 291.15, Best ask: 292.0, Bid-ask spread: 0.85000, Last trade: 292.0, 24 hour volume: 49356.65947835, 24 hour low: 275.0, 24 hour high: 346.75, 24 hour vwap: 318.060741075
assbot: [HAVELOCK] [B.MINE] [PAID] 1.11972744 BTC to 15`436 shares, 7254 satoshi per share
TheNewDeal: very surprised litecoin isn't taking an accelerated nosedive
mircea_popescu: what holders remain are well shaken out.
mircea_popescu: not so in bitcoin. getting rid of the tardstalk/reddit/etc "community" and burning a bunch of "experts" is a fucking godsend, if they'll just stfu about it and move on to their next cool thing that'd be great.
TheNewDeal: Can't wait to see how quickly tim drapers coins get munched on bitstamp
mircea_popescu: !up R7R7
assbot: /openbazaar How migrate from beta 1 to beta 2 ?
TomServo: ;;bc,stats
gribble: Current Blocks: 323984 | Current Difficulty: 3.466142592397694E10 | Next Difficulty At Block: 324575 | Next Difficulty In: 591 blocks | Next Difficulty In About: 3 days, 5 hours, 56 minutes, and 2 seconds | Next Difficulty Estimate: 35100796468.5 | Estimated Percent Change: 1.26761
ben_vulpes: decimation: for the headbash author
mircea_popescu: !up knite
PeterL: mircea_popescu: have you found anything interesting to do with the huge amounts of cash held by MPIF?
PeterL: should be a report out soon?
mircea_popescu: HODL!!!1
[]bot: Bet created: "Bitcoin to drop under $260 before November" http://bitbet.us/bet/1054/
ben_vulpes: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 284.0, Best ask: 284.24, Bid-ask spread: 0.24000, Last trade: 284.0, 24 hour volume: 50063.36157078, 24 hour low: 275.0, 24 hour high: 346.75, 24 hour vwap: 315.736945727
[]bot: Bet placed: 1 BTC for Yes on "Bitcoin to drop under $260 before November" http://bitbet.us/bet/1054/ Odds: 95(Y):5(N) by coin, 95(Y):5(N) by weight. Total bet: 1.1 BTC. Current weight: 99,925.
TheNewDeal: and as quickly as the wall appeared, its gone
asciilifeform: ham band requisition << this works both ways, you know.
asciilifeform: and ham transmitter is typically far louder than that pocket-sized remote (see police film)
asciilifeform: so surveillance bot, turns out, is cured with easy pill...
TheNewDeal: is huobi volume considered legitimate, or were they included on the bucket-shop scam list?
The20YearIRCloud: RENT's october dividend keeps looking better and better
kakobrekla: whats next, up ninjaspamgun?
TheNewDeal: i've heard he's got a new entrepreneurship
kakobrekla: jurov 'singing' bash wasnt a typo :)
jurov: ohmy. remove me from the bash admin before i make bigger mess
kakobrekla: lol its fine
kakobrekla: its prolly not a good idea that all the filtering is left up to me
mircea_popescu: asciilifeform what i mean is : if you had a stash of 1mn units using x hardcoded band,
mircea_popescu: wouldn't you think it more expedient to relocate some random sporadic ham stuff ?
mircea_popescu: cheaper.
mircea_popescu: TheNewDeal no data atm.
jurov: mircea_popescu: withdrawals pls
assbot: The USG wasted another hundred million dollars it previously stole from average, hard working US citizens. Nobody cares. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: jurov on it.
TheNewDeal: alas, resolution
kakobrekla opens an umbrella and prepares for shitstorm
bounce: ham bands work best when they're the same world-wide. also, ham operators are remarkably useful in SHTF situations, and otherwise are very little bother since they tend to know their stuff. so no, it's neither smart nor expedient to try and relocate them. much easier to not be assholes and play nice from the start.
mircea_popescu knows little bout haming.
mircea_popescu: but yes, the worldwide problem is the silver bullet here.
mircea_popescu: $conference
empyex: mircea_popescu: Next conference starts in 6 months and 12 days. Estimated cost today: 4.23973791 BTC (Details: http://trilema.com/2014/the-conference-third-edition/ )
assbot: [MPEX] [S.MPOE] 1550 @ 0.00074495 = 1.1547 BTC [-]
TheNewDeal: price isn't pegged in bitcoin?
mircea_popescu: nope. gives people an oppporunity to have fun
Dimsler: lol
Dimsler: begged in bitcoin
Dimsler: should be able to make this
Dimsler: argeninta in the spring is gorgeous
mircea_popescu: its pretty great all year through
assbot: Average Weather For Buenos Aires, Argentina - WeatherSpark
mircea_popescu: i think about half of that comes in the form of extremely intense rain
bounce: http://gulfnews.com/news/region/iran/daesh-document-disclose-plans-to-seize-iran-s-nuclear-secrets-1.1394455 -- too bad it doesn't tell why they think putin would go along with what they want
assbot: Daesh document disclose plans to seize Irans nuclear secrets | GulfNews.com
mircea_popescu: which you know...
mircea_popescu: !up Guest46405
mircea_popescu: bounce putin doesn't understand how the world works.
Apocalyptic: he understood how Russia worked though
bounce: he doesn't? I see him make much better decisions (from his perspective) than either the EU or the US (from their respective perspectives)
mircea_popescu: Apocalyptic it's a reference to this idiotic comment by some us derp or other
mircea_popescu: ;;google "putin doesn't understand how the world works"
gribble: Russian View: Why Putin Is Not Impressed | Wolf Street: <http://wolfstreet.com/2014/07/21/russian-point-of-view-new-sanctions-wont-impress-putin/>; Why America doesn't understand Putin - The Washington Post: <http://www.washingtonpost.com/opinions/why-america-doesnt-understand-putin/2014/03/14/81bc1cd6-a9f4-11e3-b61e-8051b8b52d06_story.html>; Has Putin pulled military back from (1 more message)
mircea_popescu: o look at that. the derp in question was obama
mircea_popescu: whodda guessed.
mircea_popescu: you know who understands how the world works ? obama lmao. putin doesn't.
mircea_popescu: every single time they've met in the field the russian feed the kenyan's ass to him, but hey.
mircea_popescu: why let facts and scores get in the way of things. besides, scoring is raycist
TheNewDeal: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 295.51, Best ask: 296.12, Bid-ask spread: 0.61000, Last trade: 295.5, 24 hour volume: 49890.61529527, 24 hour low: 275.0, 24 hour high: 342.15, 24 hour vwap: 313.35706663
danielpbarron: one of the OpenBazaar guys said he'd send someone in here; that's what the tweet I linked to was about
danielpbarron: they are trying to make some sort of decentralized reputation system
danielpbarron: heard about them on freetalklive, a radio show I am beginning to suspect is run by government plants
Dimsler: lol
mircea_popescu: danielpbarron cool.
mircea_popescu: heh that 260 dollar btc bet guy's gonna be pretty pissed
TheNewDeal: I have a feeling that sub 300 is going to feel like a dream in about 1 week
Dimsler: lol
Dimsler: like the jackolantern market peaks in mid november
gribble: Rating entry successful. Your rating for user ninjashogun has changed from -1 to 1.
hanbot: mircea_popescu re your latest, didja read the comments on that krugman abortion? no wonder he's all bitter and loath to detail, guy's own readergroup is throwing tomatoes by now.
jurov: danielpbarron did he brie you?
jurov: *bribe
jurov: otherwise i don't see there anything upworthy
mircea_popescu: hanbot that's actually interesting huh.
mircea_popescu: guy works as a stupid sifter that's not really dragging up that much stupid.
mircea_popescu: jurov bribe like, with money ?!
jurov: in that log it is not said how
jurov: maybe ninja gives good bjs, whatcha know
hanbot: mircea_popescu it's like he's become his own LCD
kakobrekla: <mircea_popescu> jurov bribe like, with money ?! < with the coins he got from daniel in the first place
mircea_popescu: i gotta say btw, the pipe is like... the greatest invention ever.
mircea_popescu: i dunno how one is supposed to have an os without a pipe. ipads, winboxes, the whole shebang. how ?
hanbot: you use an h2o| and stop caring about getting anything done?
jurov: install an app for every little thing you want to do. oh and pay for the privilege.
kakobrekla: see now
danielpbarron: jurov, my rating doesn't grant voice at the moment
kakobrekla: what have you done!
TheNewDeal: he's pestering me as well
mircea_popescu: kakobrekla you hafta add a jukebox to assbot.
mircea_popescu: guy puts 1 bitcent in, gets a !up from assbot.
mircea_popescu: anyone in chan can still !down of course.
asciilifeform: TheNewDeal: learn to use your killfile. i did - when first met with mr. spam.
asciilifeform: mircea_popescu: recall, i suggested this.
asciilifeform: (with higher price, if i recall)
mircea_popescu: ideally it'd work on the powers of two. first time a week, 1 bitcent, then 2 4 8 etc
mircea_popescu: resets weekly
jurov: that would work better if voice could be resold
jurov: like btc gem :)
mircea_popescu: one ponzi at a time plz.
mircea_popescu: "it is unclear if bitcoin has any economic value", says nobel prize laureate.
TheNewDeal: what a troll
mircea_popescu: because totally, the fact that we can actually do the above now is not economical or valuable.
asciilifeform: mircea_popescu: re: usg wasted another hundred million... << if they can't power the waterfall with debt, they'll power it with plundered btc (as being done now, at least as suggested by the publicly known facts.)
mircea_popescu: yes, but the plundering has a larger cost to them than to us.
asciilifeform: mircea_popescu: i can't even imagine who would be dumb enough to lend btc to usg, considering the gold obligations affair
mircea_popescu: because they have to keep selling us the proceeds of their selftheft below market.
mircea_popescu: asciilifeform everyone accounting in dollars.
decimation: re: ham bands << the point is that the 'law' already gave those frequencies to the hams, except when it would inconvenience a company to redesign the product
mircea_popescu: it's actually a better deal in dollars than to hold on btc.
decimation: although if you read the fine print, the police bot is technical secondary to the ham
asciilifeform: when usg sets off a bomb in iraqanistan, the metal, trotyl, guidance circuits - are also 'sold' and 'below market' also.
mircea_popescu: as the obligation to repay btc held on the usg is actually going to increase somewhat faster than the btc itself
decimation: so it would actually be legal to blast it off the air
asciilifeform: do they give a damn?
mircea_popescu: but there's no bomb here.
asciilifeform: decimation: i pointed this out earlier, yes
mircea_popescu: when they give the tanks to isis, they give them.
mircea_popescu: that's the model.
asciilifeform: and i suspect usg also gets it. they're banking on just one hope, killing btc somehow through stampede
mircea_popescu: it's one of those win-win/lose-lose scenarios. basically they're cutting their herds to drown us in blood
mircea_popescu: easier to sit on a ledge than to replace the cattle.
mircea_popescu: i doubt hte usg gets anything at this point. just a lengthy succession of narrow "experts" who keep passing data cross a "telephone wire", while the meanings of the terms used change on every pass.
decimation: it would be interesting to try to trace the btc in the sr stash
asciilifeform: decimation: it was washed in the most elementary way
TheNewDeal: I looked up the stashes today
asciilifeform: decimation: i.e. traded for a slightly smaller quantity of 'clean'
asciilifeform: decimation: in meatspace.
decimation: heh the treasury dept. using otc?
bounce: apparently it was mr. reid who thought putin doesn't understand how the world works: http://www.gpo.gov/fdsys/pkg/CREC-2014-03-27/html/CREC-2014-03-27-pt1-PgS1781-6.htm
assbot: Congressional Record, Volume 160 Issue 49 (Thursday, March 27, 2014)
decimation: well, someone is 'renting' all those miners for over the expected return
decimation: there's alot of btc that wants to be washed
mircea_popescu: bounce oh was it ?
mircea_popescu: tyvm for doing the digging.
decimation: personally I find it far more likely that some big bank/'investment house' is doing usg's bidding in exchange for future favors from usg
mircea_popescu: that's the allegation.
mircea_popescu: hence "agents"
asciilifeform: in what way are these folks meaningfully separate entities from usg?
decimation: yes, usg is still responsible.
decimation: many in the us are easily confused on this point
decimation: they think they bank with some local bank, not the fed/fdic/whatever
mircea_popescu: qui facit per alium facit per se and all that.
TheNewDeal: all the biggest banks are in bed with the fed anyways
decimation: TheNewDeal: that's the point, thus the usg is responsible for their actions, as mp just wrote
bounce: pffft. they /are/ the fed. it's not actually an usg institution.
mircea_popescu: in a sense, thinking about it... the usg problems come down to a poor implementation of the pipe.
mircea_popescu: that thing's a lot more fundamental than usually given credit for
decimation: 'the pipe'?
asciilifeform: mircea_popescu: the pipe - is everything. (hence my crackpot pushing of dataflow as replacement for von neumann computation, etc)
bounce: lay down the pipe and open a window. slowly!
asciilifeform: von neumann's basic problem is a terrifically bad implementation of the ordinary pipe concept.
assbot: Logged on 05-10-2014 18:32:30; mircea_popescu: i gotta say btw, the pipe is like... the greatest invention ever.
assbot: Logged on 05-10-2014 18:47:24; mircea_popescu: i doubt hte usg gets anything at this point. just a lengthy succession of narrow "experts" who keep passing data cross a "telephone wire", while the meanings of the terms used change on every pass.
mircea_popescu: these actually merge.
mircea_popescu: asciilifeform i am starting to comprehend this.
asciilifeform: mircea_popescu: all of my heresies are in fact in one strand. this is how i ended up 'drinking the spittoon.'
asciilifeform: !s the spittoon
mircea_popescu: in fact, if you get the pipe right, it doesn't even actually matter if you get anything else right
mircea_popescu: in this perspective, the blockchain is the major point of bitcoin
mircea_popescu: which happens to be correct, and peripherally a point i've oft made, say how "bitcoin is not the derps"
decimation: I was thinking about this last night. How can you be certain that your hvac control pipe is not connected to the self-destruct thermite bomb pipe?
mircea_popescu: decimation hm?
decimation: if they are both connected to the same von neumann machine (or network of such machines) you can't be certain
decimation: in the sense that you can check that they are physically unconnected
decimation: with your own eyes
mircea_popescu: i think these live on different abstraction levels
asciilifeform: difficult to work with naked eye on microelectronics.
asciilifeform: of whatever kind.
decimation: it's difficult to inspect the usg/fed's actions with the naked eye
mircea_popescu: depends whose.
mircea_popescu: macro events are visible, and the forest-for-trees problem is something one can approach with training and talent
mircea_popescu: micro events however are invisible.
decimation: I suspect parts of usg/its agents are working against each other
TheNewDeal: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 310.08, Best ask: 314.48, Bid-ask spread: 4.40000, Last trade: 314.48, 24 hour volume: 53465.06436516, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 308.337573196
assbot: BitBet - Bitcoin to drop under $260 before November :: 1.04 B (95%) on Yes, 0.06 B (5%) on No | closing in 1 week 1 day| weight: 98`674 (100`000 to 1)
mircea_popescu: i guess this is a hot bet now ?
decimation: re: pipes http://rt.com/news/191132-belgium-build-beer-pipe/ "An underground pipeline carrying 5,700 liters of beer an hour will be built in Belgium’s historic city of Bruges. A family-owned brewery will pump beer direct to a bottling plant in the suburbs to cut the number of trucks on ancient cobbled streets."
mircea_popescu: pipes as in beer!
TheNewDeal: so does a new beer just flush out the old?
TheNewDeal: would be interesting to taste the inbetween state
mircea_popescu: i imagine if that thing's in use for a few centuries the bugs living in the pipe will be pretty wow.
mthreat: my friend owns beer.net. maybe it'll be worth more now!
mircea_popescu: as it gives motility a major incentive
asciilifeform was greatly surprised to learn that one can buy nitric acid on 'amazon' and similar.
decimation: I suspect they would have to flush the beer pipe regularly
asciilifeform thought it was verb0t3n by order of tehFuhrer
TheNewDeal: might find a couple street bums trapped in there too
joecool: asciilifeform: is it eligible for prime delivery?
decimation: oh noes, terrorists are going to be HNO3 off of amazon to make TNT?
TheNewDeal: maybe some heavy water as well
asciilifeform: TheNewDeal: heavy water comes for free out of your faucet.
asciilifeform: (all you need to do is separate...)
mircea_popescu: well so does nitric acid
assbot: dpaste: 1RG8SQP: spamgun, by tnd
assbot: GRAPHIC: Islamic State fighter w/ head of female Kurdish fighter after entering Kobani. US strikes did 0 to halt them http://t.co/IfdbZEXpkZ
asciilifeform: lol, usa uniform!
mircea_popescu: gotta say i lub the kurdish chicks
mircea_popescu: i'd be very curious to see first hand if the us based, usg fed "feminists" in the us would actually pick a rifle and a picket, when it comes to it.
mircea_popescu: at the rate things are going, this curiosity looks likely to be satisfied.
asciilifeform: how many will afford pointy stick, much less rifle.
asciilifeform: or is the hypothetical one involving a 20th c. style army, which equips paupers ?
mircea_popescu: kurdistan is in the 20th century now ?
asciilifeform: re: usa
mircea_popescu: bitches better be resourceful, what is this $1200 a month retainer talk ?
assbot: Gentoo Without systemd - Gentoo Wiki
pete_dushenski: mircea_popescu: i will take it very personally if the actual financial collapse of the us is brought about by a manic attempt to chase losses in their failed attempts to maninpulate the btc price. << lol! those causes.
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 309.11, Best ask: 309.4, Bid-ask spread: 0.29000, Last trade: 308.83, 24 hour volume: 55108.92934427, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 308.259223839
mircea_popescu: ;;google but thanks for all the fishes
gribble: So Long, and Thanks for All the Fish - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/So_Long,_and_Thanks_for_All_the_Fish>; So Long, and Thanks for All the Fish Quotes by Douglas Adams: <https://www.goodreads.com/work/quotes/3078120-so-long-and-thanks-for-all-the-fish>; So Long and Thanks for all the Fish - YouTube: <http://www.youtube.com/watch?v=ojydNb3Lrrs>
decimation: asciilifeform: thanks for that gentoo -systemd tip. it would be handy to make a systemd-free linux box
pete_dushenski: ;;nethash
gribble: 279970409.457
assbot: Capitalism does not work? Well.... http://t.co/LmBncfiu9t
[]bot: Bet placed: 1 BTC for No on "Bitcoin to drop under $260 before November" http://bitbet.us/bet/1054/ Odds: 50(Y):50(N) by coin, 50(Y):50(N) by weight. Total bet: 2.1 BTC. Current weight: 98,278.
pete_dushenski: and with that, i'm off to enjoy the last of this beautiful weather!
TheNewDeal: another wall, eh
Dimsler: will you stop with the play by play market updates
TheNewDeal: will do
decimation: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 307.69, Best ask: 308.92, Bid-ask spread: 1.23000, Last trade: 308.69, 24 hour volume: 56551.21451831, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 307.191985978
assbot: [MPEX] [S.MPOE] 30000 @ 0.00074411 = 22.3233 BTC [-] {2}
assbot: An Interview With Chet Ramey – Maintainer Of Bash Shell - nixCraft
decimation: http://www.nytimes.com/2014/09/26/technology/security-experts-expect-shellshock-software-bug-to-be-significant.html "Mr. Ramey said in an interview on Thursday that he believed he inadvertently introduced Shellshock in a new Bash feature in 1992, though he could not be sure because back then he was not keeping comprehensive logs. "
assbot: Log In - The New York Times
decimation: he has a blog too http://chetramey.blogspot.com/ "An outspoken progressive in a conservative community."
assbot: Ramblings
decimation: note to young 'progressive' 'open source' coders: you have swallowed the kool-aid. If you actually want to make a difference and not end up like Mr. Ramey, please focus on the pipes, from the silicon up.
Shakespeare: <+mircea_popescu> thickasthieves: would love if mpex or an mpex property offered any sort of price instrument that would allow moving volume from other exchanges << specifically ? /// well, i'll start with the moon: just buy bitfinex and offer the whole shebang! otherwise, just would be nice to trade somewhere more private, transparent and trustworthy. The product could be options,
Shakespeare: futures, and margin and leverage would be nice too.
Shakespeare: yay on the SR auction bet resolution!
Shakespeare: i knew a ham radio enthusiast, he's a free mason now
los_pantalones: Shakespeare what kind of size would you trade?
los_pantalones: if you had those facilities ?
TheNewDeal: size of option?
decimation: Shakespeare: ham radio has its share of whackos
los_pantalones: how many btc / day
Shakespeare: <+mircea_popescu> guy puts 1 bitcent in, gets a !up from assbot. // might be on to something there
Shakespeare: i bet it attracts more chatters than not
Shakespeare: good way to offset the chill factor from !up
kakobrekla: 1 satoshi per char for all so everyone will shut the fuck up!
bounce: hmno. initially I'd say as long as it isn't the only way. but you'd get peddlers expecting to be heard for their money. you know, query floods, rageddos, etc.
Shakespeare: so we !down them
Shakespeare: every !down puts 10satoshi debt on their wot
Shakespeare: 3 !downs and your get assbot negrate
bounce: think about it. suppose you're neither l1 or l2, and you stick money in it. you start your valuable because costly pitch. then someone puts the !down on you.
kakobrekla: uppers dont have wot
Shakespeare: yes they do
Shakespeare: thats also a requirment
Shakespeare: to self up
Shakespeare: the satoshi getsthem the posrate
mircea_popescu: buy bitfinex ?! no ty.
mircea_popescu: i wouldn't take it for free, as it happens.
Shakespeare: also, i'm not saying we'd have to change
Shakespeare: we could still up people whenever we want
bounce: you're fired up because you want to pitch, and you get rebuffed. gone investment, gone good monies! rage! and it goes downhill from there. -- there's an implied promise with this idea that I'm not happy with.
Shakespeare: mp, at least that gives you an idea of where i stand though
Shakespeare: i know you wouldnt buy them
mircea_popescu: uh... you stand on bitfinex ? lol k, so you buy it.
Shakespeare: but i'm saying plz replace them
mircea_popescu: what else should i replace ?
dub: holy wall
Shakespeare: everything that suz
bounce: what, a retail exchange?
mircea_popescu: maybe i should replace obama, but in such a way as to make the usg work the way you want it to ?
Shakespeare: it's your job!
mircea_popescu: things work the way they work.
decimation: yeah do that
mircea_popescu: change so that's the way you want them to work.
mircea_popescu: i ain't helping you.
bounce: then replace obamaman for the social justice angle
Shakespeare: i aint asking for the world, you used to offer option after all
kakobrekla: draper wall
Shakespeare: options&
mircea_popescu: mpex options never worked as this popularly delusional "engine to turn derpage into monyz/social relevance"
Shakespeare: sry i'm not sober, went to my first football game
mircea_popescu: that a bunch of sites promise to do this has everything to do with the promising and nothing to do with the delivering.
mircea_popescu: that the derps in question will take something that "maybe" will deliver them the impossible, rather than something that makes it plain it ain't happening is entirely their problem.
Shakespeare: what are you on about? how is trading BTC against USD about social relevance and derpage?
mircea_popescu: im not in the business of making sites which "maybe" will make random joe blow rich.
mircea_popescu: bitfinex is not trading anything.
Shakespeare: i'm not talking about bfx
mircea_popescu: then im confused.
Shakespeare: the premise here was wishing mpex had a way to trade against USD
Shakespeare: so i wouldnt have to play where i play
mircea_popescu: serious problems with usd delivery.
kakobrekla: you can trade otc with optional delivery
mircea_popescu: unfortunately.
los_pantalones: hence my inquiry into how much you would trade?
TheNewDeal: how about bitbet?
bounce: what, options on bitbet outcomes?
Shakespeare: well that's private los_pantalones
TheNewDeal: no. options on bitstamp prices, etc
Shakespeare: i shouldnt have to say
los_pantalones: it's not worth my time if it would be <100 / week
kakobrekla: i have in the past dumped coins to sturles and left fiat waiting with him for some months before i decided to repurchase/get fiat
los_pantalones: but otherwise i can offer you those facilities
mircea_popescu: Shakespeare dude you're something else. "o someone should build a car with wings" "Would you buy one if built ?" "i shouldn't have to say"
mircea_popescu: you're spending too much time with redditards.
Shakespeare: well in mpex i didnt have to sat
Shakespeare: i paid entry fee
Shakespeare: that was my qualification
decimation: !t m x.eur
assbot: [MPEX:X.EUR] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0.0026347 / 0.0026347 / 0.0026347 (459 shares, 1.21 BTC)
mircea_popescu: los_pantalones so charge the man an entry fee.
los_pantalones: how much is mpex these days ?
mircea_popescu: still 30.
TheNewDeal: basically what an option is, an adequately priced entry fee
mircea_popescu: decimation oddly the fully delivered euro future never got very much volumne, historically.
kakobrekla: euro market is dead
mircea_popescu: i dunno if the requirements to take delivery were too cumbersome or wtf exactly.
decimation: seems like euros are good enough for anyone wanting to trade fiat
mircea_popescu: but anyway, yeah, i guess the bitbet bets are probably the cheapest/most open avenue at the moment.
decimation: obviously the dude is unfamiliar with engineering stuff. it's quite customary to ask for development costs up front, on the assumption that several will be bought
justusranvier: mircea_popescu: What's gntra?
mircea_popescu: justusranvier qntra. http://qntra.net/
assbot: Qntra.net - The #1 Bitcoin Site For News, Views & Commentary
mircea_popescu: this maybe coindesk killer.
kakobrekla: cuntra?
mircea_popescu: pretty much
Shakespeare: the qntra blaw should be called uuddlrlrbastart
mircea_popescu: "It would be interesting, that is, to ask Coulter about the reflex of lying that’s now sutured into the modern conservative movement’s DNA—and to get her candid assessment of why conservative leaders treat their constituents like suckers."
Shakespeare: blawg*
mircea_popescu: http://www.thebaffler.com/salvos/the-long-con << dude the libtard periphery press is awesome
assbot: The Long Con - The Baffler
justusranvier: I have a long backlog of articles I want to write
decimation: maybe they can sign up Mr. Ramey as a guest author
mircea_popescu: justusranvier so hammer one out an' send it over.
justusranvier: I mostly do editorials, not news
assbot: BitBet - Bitcoin to drop under $260 before November :: 1.04 B (50%) on Yes, 1.06 B (50%) on No | closing in 1 week 1 day| weight: 97`477 (100`000 to 1)
mircea_popescu: justusranvier that was the idea, give it a little editorial anchor
mircea_popescu: TheNewDeal seems bout even neh ?
decimation: I find it hilarious that the lefties in the us keep raising the fear that 'evil republicans will raise money to buy elections' while failing to notice that the lefties receive 'in-kind' contributions from us media worth $bns
TheNewDeal: draper put down 1 on yes, trying to recoup with wall
mircea_popescu: decimation that is not accountable!!!1
justusranvier: I'll see what I can do. Won't be tonight because I've got to go producea couple videos
decimation: yeah basically it's 'oh noes they might manipulate the masses like we do!'
mircea_popescu: but anyway, the entire "thief screaming thief" and "consumate liar discussing other's dna-sutured bla bla" is rather amusing
mircea_popescu: justusranvier doesn't have to be tonight. wait, you produce video too ?!
justusranvier: We've started to publish talks from our Bitcoin meetups to YouTube
justusranvier: by "produce" I mean I set up the Hangout on Air
justusranvier: Tonight is bitstien giving a #bitcoin-otc and GPG contracts tutorial, followed by yamamushi demoing his "filesharing over bitmessage" app
decimation: apparently nixcon actually considered denying the "RF broadcast licenses" of political enemies: http://www.nationalreview.com/article/373218/following-trail-nixon-blazed-victor-davis-hanson -- last time I heard someone slightly right-wing come up with a winning strategy
assbot: Following the Trail Nixon Blazed | National Review Online
decimation: nixcon is a hilarious typo
justusranvier: tomorrow is the daniel krawisz reviewing Nick Szebo's "Shelling Out" as a money origin theory
Shakespeare: no complaints about the SR bet resolution it seems
mircea_popescu: decimation there's an entire conspiracy theory built on the premise that it was really because of the rf thing that the "left" "set him up"
assbot: BitBet - Silk Road Coin Auction Extravaganza :: 2.15 B (29%) on Yes, 5.3 B (71%) on No | closed 3 months 1 week ago
mircea_popescu: much like the more aged libtards today are rewriting the story of clinton's lauhgable gullibiility/idiocy in terms of "hysteria"
decimation: they certainly had means, motive and opportunity
mircea_popescu: because yea, totally, not being able to tell the nation to go fuck itself and mind its own business on live tv is everyone else's fault but the president's.
assbot: [HAVELOCK] [AM1] 7 @ 0.14639999 = 1.0248 BTC [+] {3}
mircea_popescu: !up veox
decimation: heh yeah, the biggest weakness of the presidency is an inability to admit that it sucks
Shakespeare: so, would a huge ask order like this be allowed in US markets, or do they have rules about it?
bounce: apparently darpa doesn't want just model checking, rather executable encryption that is not encryption: http://www.networkworld.com/article/2691617/ https://www.fbo.gov/index?s=opportunity&id=a303af332a90b1e84fdb91d7dd382396
assbot: DARPA delving into the black art of super secure software obfuscation | Network World
assbot: Opportunities - Federal Business Opportunities: Opportunities
decimation: you can't even move more than $10k in the us without usg permission
Shakespeare: well on stock exchanges you certainly can
decimation: sure, inside the account
Shakespeare: i'm just wondering if they have rules about manipulative orders
TheNewDeal: just try to get your hands on it
bounce: without inviting them to sue you on the spot, you mean. you don't get permission, you incriminate yourself and they may or may not persecute you for it.
decimation: try moving $50k from your brokerage to your checking account in less than a few days
Shakespeare: i moved $30k a few weeks ago, they just made me respond to a message
decimation: it's true you can move it quickly with a wire
decimation: but I guarantee a notice went to the bank's regulator
mircea_popescu: Shakespeare the rule is you can't put up orders you don't intend to go through.
TheNewDeal: the question is interesting though. What would the rules be on creating a wall that wasnt executed
mircea_popescu: other than that, you can put up whatever walls you wish.
Shakespeare: decimation, no notice is needed, exchange files 1099
decimation: http://www.fincen.gov/news_room/aml_history.html Bank Secrecy Act (1970) Required banks to (1) report cash transactions over $10,000 using the Currency Transaction Report; (2) properly identify persons conducting transactions; and (3) maintain a paper trail by keeping appropriate records of financial transactions
assbot: History of Anti-Money Laundering Laws
decimation: whether a 'wire' counts as cash is up to usg of course
Shakespeare: yeah either way, it's not money you can hide
Shakespeare: exchange reports your income anywya
Shakespeare: i bet coinbase & circle will be this way
assbot: [HAVELOCK] [AM100] 1000 @ 0.00124361 = 1.2436 BTC [-] {7}
decimation: yeah in general dealing in dollars means dealing with usg
mircea_popescu: no "will" involved.
decimation: usd is the original altcoin, afterall
assbot: [HAVELOCK] [DEALCO] 500 @ 0.0018875 = 0.9438 BTC [-] {15}
cazalla: mircea_popescu, no forum posts to report and prob won't be going forward seeing this qntra thing has legs
mircea_popescu: "central to the right-wing appeal for generations: that liberalism is a species of madness"
mircea_popescu: dude they've got it i swear. that's exactly what the problem is with libertards. their preferred ideology is a species of madness.
mircea_popescu: !up blast
mircea_popescu: !up xor-freenet
assbot: [MPEX] [S.MPOE] 45813 @ 0.00074302 = 34.04 BTC [-] {3}
cazalla: well, that guy from ccn responded
assbot: CryptoCoinsNews Is Anything But News
assbot: Chauncey, Earl of Gloom
BingoBoingo: cazalla: Yeah I was looking for a color that made the hyperlink blue header look good. Solving the Header problem may be more productive than the experiment of cycling all of the background colors
cazalla: BingoBoingo, i think it's ok for the time being tbh
cazalla: cool, wat ching
Duffer_: who's the guy talking atm?
cazalla: not sure but he calls mircea_popescu mursaya
Duffer_: yea hehe
cazalla: lol doge licking its balls on camera
dignork: it's bitstein i'd guess
TheNewDeal: justusranvier who is this
justusranvier: The last one was bitstien
TheNewDeal: why isn't this just one stream?
bitstein: TIL how to actually pronounce Mircea.
TheNewDeal: yamamaushi found Satoshi!?!?
dignork: TheNewDeal: no, other dude who invented bitcoin before him
TheNewDeal: is that a joke?
dignork: no, pretty vanilla, Satoshi refered to previous works, hashcash for example, might call it real bitcoin inventor for example :)
cazalla: !up pyre
cazalla: !up pyre
TheNewDeal: you're right, hashcash was obviously bitcoin
assbot: first_steps_in_bitcoin-assets [bitcoin assets wiki]
danielpbarron: ;;later tell bitstein you demonstrated gpg on an online machine at a meetup?? with your actual key???
gribble: The operation succeeded.
assbot: Ousted Haitian dictator, Jean-Claude Duvalier dies
dignork: danielpbarron: well, it was really low-res, and only a pub-key
justusranvier: The two streams because it means the videos are automagically seperate
danielpbarron: dignork, so?
justusranvier: TheNewDeal: ^
TheNewDeal: Did Al Gore invent the internet?
dignork: ;;gpg info bitstein
gribble: User 'bitstein', with keyid 1EA2662DEB2FEFBE, fingerprint 2CEA814804FCF14D9C1AE8EA1EA2662DEB2FEFBE, and bitcoin address None, registered on Sat May 24 16:06:12 2014, last authed on Sun Oct 5 20:42:25 2014. http://b-otc.com/vg?nick=bitstein . Currently not authenticated.
dignork: danielpbarron: if this is his key, it's public anyway ^
danielpbarron: the fact that he'd decrypt a message with his key on an online, os x, machine is already bad -- then he goes on to show others this insecure method to initiates
danielpbarron: -others // it's bad for Bitcoin
assbot: Authenticity option now available at MCF SF. /davidchang /hashtag/hospitality?src=hash http://t.co/JbYrdnf8x2
danielpbarron: it shouldn't be that difficult to demonstrate an offline setup, which is the experience new users should become accustomed with -- especially the kind of people who already think they are hip to crypto
danielpbarron: wouldn't have taken longer than the unnecessary detour into explaining some localbitcoin thing, which served only to confuse the audience as to how the WoT functions
BingoBoingo: !up jborkl
TheNewDeal: that was quite hilarious
dignork: well, you need two computers for that, or hardware crypto gadget (cardano is not there yet)
jborkl: Rough weekend for the price
danielpbarron: so? is it not possible to do without cardano?
dignork: possible ofcourse, two machines, cumbersome presentation
danielpbarron: well, the presentation is incomplete without such a demonstration
BingoBoingo: jborkl: Well, for someone the next few years are going to be rougher than the price as of late
BingoBoingo: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 299.98, Best ask: 299.99, Bid-ask spread: 0.01000, Last trade: 300.0, 24 hour volume: 66795.52283458, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 306.021103061
danielpbarron: lest the noobs in the audience go home and actually use their key in such an insecure manner
dignork: danielpbarron: well, most crypto-related presentation i've seen did not include faraday cage, while some would say it was a flaw, I'm just assuming "omitted for clarity"
danielpbarron: for the sake of argument that it is too cumbersome, he stilled used his real key
xanthyos: dude $305
jborkl: Bingoboingo, you think the price will continue sliding? Or nfi
xanthyos: so much for my $360 (10 double chai) prediction
BingoBoingo: jborkl: Well at some point it will stop sliding
xanthyos is always left holding the bag
TheNewDeal: I know dimsler won't like this, but the wall has returned
jborkl: Heh true..
TheNewDeal: #wallwatch
thickasthieves: hehe, people are eating the wall
TheNewDeal: love it
TheNewDeal: might have to take a bite
thickasthieves: such angel whale
dub: touch the furry wall
thickasthieves: $300 coins for all!
TheNewDeal: News headline tomorrow "Tim Draper lasted a total of 4 months in the bitcoin-sphere, managing to lose approximately 70% of his original investment"
dub: but he's been into bitcoin since 2000
mod6: heheh
thickasthieves: btce is above stamp now
thickasthieves: dem pesky 5%s
TheNewDeal: yes I'm curious why the whale is on stamp exclusively
thickasthieves: to be fair there are big wallers everywhere
thickasthieves: stamp might be chosen because no margin
TheNewDeal: no margin ?
dub: stamp is the new gox
dub: its where teh speculation forum is looking
thickasthieves: well on bitfinex you can buy 3.3:1
TheNewDeal: oh I gotcha
thickasthieves: and there are like 10k or so btc shorted that need to be covered there
xanthyos: stroke the furry walls
TheNewDeal: suprised that they didn't just bump it up like 1$ after 5k buys or whatever
thickasthieves: 12,000+ shorts actually
thickasthieves: well the guy has been selling for days
xanthyos: russell brand's going to have to stroke some furry walls hard enough to tear the shag out if he keeps attaching his name to max keiser's cryptocoin
thickasthieves: maybe months
thickasthieves: really all this funkiness started just before the SR auction
thickasthieves: we bubbled in May
dub: I dont think wallguy is a seller
thickasthieves: went flat
thickasthieves: then down down down for mos
thickasthieves: ok ok we sound like reddites now
thickasthieves: fun times tho
TheNewDeal: please do explain dub
TheNewDeal: they're just in the process of eating up coins?
dub: ask reddit
mircea_popescu: <cazalla> well, that guy from ccn responded << which ?
cazalla: mircea_popescu, Kyle Torpey, the one that went on keiser spruiking auroracoin, ethereum etc
mircea_popescu: how is he "from cnn" again ? i forget.
mircea_popescu: oglafbot: http://oglaf.com/chauncey/ <<< angry owlchick is pretty hawt
assbot: Chauncey, Earl of Gloom
cazalla: ccn as in cryptocoinsnews
dub: you have your irrelevant news outlets transposed
mircea_popescu: wait, wut?
mircea_popescu: TheNewDeal: Did Al Gore invent the internet? << no but if the darpa derps were satoshi-minded they'd probably have referenced some pacific islanders as their inspiration just ot mess with people.
mircea_popescu: danielpbarron: -others // it's bad for Bitcoin << i doubt the airgapped bitcoin machine is all that common.
dub: could be why they got the coolest 2ld (co.ck)
mircea_popescu: cu.nt is cooler than di.ck
mircea_popescu: danielpbarron: wouldn't have taken longer than the unnecessary detour into explaining some localbitcoin thing, which served only to confuse the audience as to how the WoT functions << you purist you.
mircea_popescu: TheNewDeal: News headline tomorrow "Tim Draper lasted a total of 4 months in the bitcoin-sphere, managing to lose approximately 70% of his original investment" << i wouldn't be worried about that, he's served the golden toilet empire, he's coming back.
mircea_popescu: shit, romney is still around. why'd draper go away.
mircea_popescu: dub: its where teh speculation forum is looking << this, pretty much.
dub: dat nick
TheNewDeal: ;;ident nezzario
gribble: Nick 'nezzario', with hostmask 'nezZario!~nez@unaffiliated/nezzario', is not identified.
assbot: [HAVELOCK] [B.MINE] 165 @ 0.01025554 = 1.6922 BTC [-] {3}
TheNewDeal: ;;nethash
gribble: 280343971.467
mircea_popescu: !up parfait
ben_vulpes: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 299.99, Best ask: 300.0, Bid-ask spread: 0.01000, Last trade: 300.0, 24 hour volume: 69682.98346975, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 305.387793681
ben_vulpes: was that 30k ask real life?
mircea_popescu: our good friends the suckers of america running out.
mircea_popescu: hm maybe i misspelled "the people"
Dimsler: the ask was/is fake
Dimsler: it stopped the sell off
Dimsler: trading penny stock basics
Dimsler: he set the market and waited for a challenger
mircea_popescu: Dimsler the wall was on the sell side.
Dimsler: correct
Dimsler: but its premise could be to market make
assbot: Market maker - Wikipedia, the free encyclopedia
Dimsler: i used to do this on cavritex
Dimsler: lol
mats_cd03: a wiki article
Dimsler: right, what else did you want?
Apocalyptic: Dimsler, you're aware that here wikipedia is not particularly regarded as a worthy source of information ?
Dimsler: look
Dimsler: i usually proof read wikipedia articles before i post them
ben_vulpes rotates head 180deg
assbot: Three Years on Rikers Without Trial
mircea_popescu: i wonder how many russians and how many chinese citizens are in prison for 3 years without a trial.
Dimsler: is this the black kid that they forgot about?
Dimsler: yeah i know
mircea_popescu: but something tells me that per capita, the us is like the worst human rights offender in africa
mircea_popescu: certainly not part of the first world.
Dimsler: the majority of the five eyes are human rights tramplers
mircea_popescu: <Dimsler> i usually proof read wikipedia articles before i post them << well the notion that market makers are a topic on which wikipedia has something to impart here.... okay :)
Dimsler: its ingrained in the anglo saxon mentality to trample rights
ben_vulpes: ;;gettrust assbot Dimsler
gribble: Currently authenticated from hostmask Dimsler!~dimsler@17.254.127.199.client.static.strong-in67.as13926.net. Trust relationship from user assbot to user Dimsler: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=Dimsler | WoT data: http://b-otc.com/vrd?nick=Dimsler | Rated since: Tue Oct 22 13:51:07 2013
Dimsler: mircea_popescu, i was meerly posting as interest to novice inquirers on market makers
mircea_popescu: ben_vulpes i think i'm the guilty party. starting to get on yer nerves ?
Dimsler: not sure what the constant obession
Dimsler: with my wot is
ben_vulpes: it's a constant obsession with everyone's wot, Dimsler.
ben_vulpes: just curious.
ben_vulpes: sides, what do i know, i'm just the court jester
ben_vulpes: all of these social sites - engagement is via the "submit" button.
Dimsler: lol
mircea_popescu: fuck that shit im changing it.
ben_vulpes: i think it's nicely apropos.
ben_vulpes: also deviantart apparently lost their "prev" and "next" buttons.
mircea_popescu: ben_vulpes now trilema says send. pls to check it still worx.
Dimsler: can you change submit to capitulate
Dimsler: thats what most social media should have
ben_vulpes: mircea_popescu: looks good
ben_vulpes: oh no way
ben_vulpes: there's some retarded state management
ben_vulpes: navigate to galleries, get to a thing
ben_vulpes: *now* prev/next appears
ben_vulpes: this is an abuse of sessions, i tell you
Dimsler: buttons are archaic
Dimsler: its all about the swype
Dimsler: must swype
HeySteve: hey Dimseler, how do you know it's fake volume?
ben_vulpes: evening, Vexual
Dimsler: well it may very well not be fake volume
ben_vulpes: quit waffling Dimsler
Dimsler: shutup ben_vulpes
Vexual: good evening
Dimsler: theres only one thing guaranteed in life
Dimsler: everything else is speculation
HeySteve: sure. some guy wants out his position, he is saying "this is how much more I have to unload, the pain will continue until it's sold."
ben_vulpes: penny stock basics, it is fake volume, it's not fake volume
dub: thats pretty unlikely
HeySteve: now a larger whale is challenged to buy him out to protect his holdings
ben_vulpes: someone's a market maker, here have a wp link
Dimsler: he basically set the market at 300
Vexual: this is sparta!
mircea_popescu: <ben_vulpes> penny stock basics, it is fake volume, it's not fake volume << just about.
Dimsler: plenty nefarious reasons to hang a large order out
Dimsler: whether its to stop a sell of
HeySteve: right, but it's $9m, I heard mentioned? probably someone has more to lose than $9m. if btc hits single digits, so probably someone will buy that much
Dimsler: he may also have alot of money
Dimsler: on the exchange in fiat
HeySteve: of course, it could be a fake. but markets are an interesting game for this reason
Dimsler: and is buying people coins
Dimsler: that are wanting to sell below $300
Dimsler: at $295 lets say
dub: hey gais, theres a for this buttcointalk.org/adhd oslt
dub: a forum too
ben_vulpes: #bitcoin-pricetalk
Dimsler: get the fuck out here
Dimsler: what did you want to talk about?
mircea_popescu: ;;unrate Dimsler
gribble: Successfully removed your rating for Dimsler.
mircea_popescu: !down Dimsler
ben_vulpes: !down Dimsler
mircea_popescu: not doing your reading in a groupo is not an excuse for not having done your reading
mircea_popescu: it's an aggravating circumstance.
ben_vulpes: dunno
ben_vulpes: not penny stocks, Dimsler
ben_vulpes: not price manip
Dimsler: i missed the groupo link somehow
ben_vulpes: kakobrekla: can we do something about this rating lag?
ben_vulpes: and by we i mean you and also please
HeySteve: I'm listening to Antifragile audio book atm. heard it mentioned bitcoin is antifragile, could it be said to be antifragile to price action?
HeySteve: (mentioned in btc circles, that is)
ben_vulpes: the price of bitcoin in whatever fiat whatever matters not one whit
mircea_popescu: this has got to be deliberate.
Dimsler: lol
TheNewDeal: !s heysteve
ben_vulpes: no, the spamgun shartup recruiter is deliberate
ben_vulpes: this is just stochastic bouncing
mircea_popescu: i guess.
HeySteve: ok no pricetalk then
mircea_popescu: HeySteve it's the approach not the topic that grates.
Dimsler: no you're just being an asshole
mircea_popescu: that also, but unrelatedly.
ben_vulpes: yes it is, no it's not, up is down unless the whale is pink
ben_vulpes: walls to the left, but it's a sell day, peg the price, gag me with a fork
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 305626.20 in 519 blocks (#46368) Est. % Change: -83.73
ben_vulpes: head and shoulders means a 260 bottom (i'll show you a bottom worth 260), sr, fucking vc's, tim draper
mircea_popescu: that shit sure feels like forever.
Vexual: %tslb
atcbot: Time Since Last ATC Block (#45849): 0 hour(s), 13 minutes
ben_vulpes: ;;bcstats
gribble: Current Blocks: 324053 | Current Difficulty: 3.466142592397694E10 | Next Difficulty At Block: 324575 | Next Difficulty In: 522 blocks | Next Difficulty In About: 3 days, 1 hour, 41 minutes, and 38 seconds | Next Difficulty Estimate: 35104507259.1 | Estimated Percent Change: 1.27831
HeySteve: that's all very well, but bitbets are announced here. they seem like similar propositions, will price go up or down?
TheNewDeal: I usually find an animal, slice in two, read the entrails
TheNewDeal: give's a pretty good prediction
Dimsler: lol thats from south park
TheNewDeal: it's from history
TheNewDeal: they actually did it
HeySteve: the roman augurs and soothsayers, yeah
Dimsler: lol ok yes
TheNewDeal: has there been a SP that referenced bitcoin?
Dimsler: neg
HeySteve: flight of birds, guts of goats, sounds cleaner to specialise in bird flight if that's your thing
Dimsler: only simpsons
ben_vulpes: there are more things in heaven and earth Dimsler than are derped of in south park
dub: dude never read asterix comics?
mircea_popescu: i don't think they have that french pinko commie stuff in the us of a
Dimsler: the south park episodes premise was based on the fall of the roman empire
Dimsler: i am pointing out as modern satire
HeySteve: it's ironic when modern americans address the decline of rome
assbot: Search Results - Powell's Books
thickasthieves: <+HeySteve> I'm listening to Antifragile audio book atm. heard it mentioned bitcoin is antifragile, could it be said to be antifragile to price action? /// yep, pretty much everything is good for bitcoin
ben_vulpes: although i never bought 'em, i just took them to the cafe in powells and read them there
thickasthieves: reddit thinks this is a joke
thickasthieves: but its funny cuz its true
HeySteve: sure, the "this is actually good news" meme
thickasthieves: yep, it really is
thickasthieves: they think it's ironic cuz the news' relation to price
HeySteve: well the drop will clean out some of the silliest, so there's that
thickasthieves: what's good for bitcoin isnt always good for price
thickasthieves: i do think this is having a calibrating effect and the seller is doing a service to btc
TheNewDeal: nice little 1200 chunk outta that wall, for those interested of course (dimsler)
TheNewDeal: explain
thickasthieves: i meant it pretty broadly, lots of examples
Dimsler: lol
thickasthieves: the exchange price disceprencies are reset
Dimsler: ofcourse hes doing everyone a favour
thickasthieves: weak hands lost coins
thickasthieves: and the price will likely spike *after* he's done selling
thickasthieves: such saintliness
ben_vulpes: classic oscillator.
Dimsler: well he basically masks everyones weak hand
ben_vulpes: people model this shit with oscillators, right?
TheNewDeal: loving the bingoboingo art tonight
thickasthieves: lol bingo
BingoBoingo: The20YearIRCloud: Found linked on reddit
BingoBoingo: Not my original work
HeySteve: that's pretty good
Dimsler: lol reddit
Dimsler: collection of vile scum
assbot: Mastering Bitcoin: Unlocking Digital Crypto-Currencies: Andreas M. Antonopoulos: 9781449374044: Amazon.com: Books
Dimsler: oh look andreas has a book out now
ben_vulpes: you're late, Dimsler qntra already covered it
TheNewDeal: there was an article that touched on it earlier
assbot: Image tagged in lawgs - Imgflip
ben_vulpes: this whole doing your reading thing may be distasteful but it's not optional
Dimsler: oh for fuck sakes
ben_vulpes: it's pretty simple
ben_vulpes: !s antonopolous
ben_vulpes: also search.bitcoin-assets.com
TheNewDeal: has he ever made an appearance in #ba?
The20YearIRCloud: we should have around a 17% dividend this cycle
Dimsler: hes afraid of mircea_popescu killing him
The20YearIRCloud: based on usd/btc prices
TheNewDeal: who is the "we" you're speaking of the20yearircloud ?
Vexual: rent
The20YearIRCloud: rentalstarter
The20YearIRCloud: on havelock
Vexual: annnualizzzzed?
The20YearIRCloud: based on .005 share price
Vexual: whats that like half pc on the average?
ben_vulpes: <Dimsler> no << how would you know?
Dimsler: well fuck
Dimsler: i've been here since early 2013?
Dimsler: haven't heard anyone mention him ever since mircea_popescu twattered that he was going to kill him
ben_vulpes: > ever
ben_vulpes: > 2013
Dimsler: lol
mircea_popescu: The20YearIRCloud shouldn't it be based on 0.0075 ?
The20YearIRCloud: on 0075 its around 10%
The20YearIRCloud: .005 was our original ipo price
ben_vulpes: yeah how do you calculate a price for RENT
ben_vulpes: it's market until you need more cash then you freeze it
ben_vulpes: "but our investors are cool with it broski!"
The20YearIRCloud: this last one was specifically requested by our largest investor so he could buy shares. I tried to do it outside of havelock but they wouldn't let me
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Vexual: The20YearIRCloud: When do you expect to start servicing loans?
The20YearIRCloud: we aleady have one loan
The20YearIRCloud: unless youre talking npns
Vexual: are you using the money yet?
ben_vulpes: he couldn't buy shares at market?
The20YearIRCloud: no shares at market were going to the company
The20YearIRCloud: and his investment would have increased price to around .02
ben_vulpes: so you fucked everyone else.
ben_vulpes: well done.
dub: its called QE ben_vulpes
dub: it halps ok
The20YearIRCloud: Those wanting to sell below .0075 have been cleared already, and i've made it well known throuh investor communication that we had originally planned on selling more shares at the 2nd round IPO price at some time in the future
Vexual: is labour gonna get more expensive if you grow?
ben_vulpes: how is this any different from printing dollars?
ben_vulpes: or pesos?
dub: no different to mpif
The20YearIRCloud: Vexual: maybe
Dimsler: ben_vulpes, or they could just keep your bitcoins instead
Dimsler: with bots that manipulate the exchange
The20YearIRCloud: not a huge need for more IPOs, the reason for this last one was so the speicfic investor could fund a very specific property that had a good return
The20YearIRCloud: plenty of that already Dimsler
Dimsler: oh ofcourse there is
ben_vulpes: more ipos
Dimsler: lol
ben_vulpes: jesus shit
dub: Dimsler: there is such a thing as putting down the shovel
The20YearIRCloud: my hope was $100k cash + $100k LOC and then set aside the money 50/50 for flips & rental renovations so we'd always have money for a flip, which hasn't been the case since last July
ben_vulpes: i want a "feed me live baby rats" shirt
ben_vulpes: most recent oglaf has inspired peals (i tell you PEALS) of laughter around her
ben_vulpes: here*
ben_vulpes: anyways, night scammers
Vexual: with the latest offering, what btc price kills your growth?
The20YearIRCloud: Really has no effect, but the BTC yield will look crummy at $2500 or more per BTC
dub: ur killing my growth Vexual
Duffer1: btc skyrockets, us real estate corrects = /wrist?
Vexual: do you get paid in dollars The20YearIRCloud?
The20YearIRCloud: Yield will certanly go down, our equity position overall is pretty great when you factor our average BTC sell price. Big question is when does it correct, how far does the pricing drop? We're still about 20% lower than peaks
Vexual: what did you sell the latest offering @?
Vexual: must have fucked your arerage
The20YearIRCloud: Haven't yet :( , HL has been slow on transfering BTC to us, so there's been some exposure to loss due to the massive decrease in BTC price
The20YearIRCloud: Our average overall will stand at something like $400/btc though, including the original 1,000 BTC we got on BF that was sold when BTC was around $80/btc
Vexual: havelock must be just about operating at a loss now
The20YearIRCloud: i knd of wonder
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