Forum logs for 02 Jan 2014
Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
* | Now talking on #bitcoin-assets | [01:13] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading | [01:13] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:55 2013 | [01:13] |
pankkake | but you wouldn't invest all your fortune in bitcoin - this seems like a nice fiat investment | [01:13] |
pankkake | not a get rich quick one, so again, I wonder where you're going to get btc people to invest :p | [01:13] |
Duffer1 | my fiat is in bitcoin | [01:14] |
Duffer1 | well was :P | [01:14] |
the20year | Ukto and graet got $250k-$350k worth of bitcoins on their 12% loans | [01:15] |
the20year | and anyone that paid attention realized they were cashing out to USD, and could never repay the BTC value | [01:15] |
pankkake | no arguing about that. that was stupid | [01:15] |
mircea_popescu | the20year you're not ukto and certainly not graet. | [01:15] |
the20year | So, my question is whether or not I can attract people wanting a reasonable APY on a pretty secure, transparent invesment | [01:15] |
mircea_popescu | in people can get financed for any stupidity they wish to do. out people can not, no matter anything. | [01:16] |
mircea_popescu | the practical solutions are either to be upset or to strive to in yourself. | [01:16] |
pankkake | "reasonable APY on a pretty secure, transparent invesment" => well, many people want that. but they are not bitcoiners :p | [01:16] |
mircea_popescu | either can take a lifetime easily, either may just as well not deliver in the end. | [01:16] |
the20year | Yeah, that's my concern pankkake | [01:18] |
pankkake | so, why would people use bitcoins, and not fiat directly? | [01:18] |
the20year | Bitcoin marketplace is so hot and easy to access, fiat is much more difficult for me | [01:19] |
the20year | My cost to IPO via bitfunder and get ~$100k of investment was $500 | [01:19] |
the20year!*@* | added to ignore list. | [01:19] |
mircea_popescu | mkay, good enough. | [01:20] |
pankkake | i agree | [01:20] |
pankkake | though you now have the "unregistered security" added risk | [01:20] |
assbot | [MPEX] [S.MPOE] 7300 @ 0.00092376 = 6.7434 BTC [+] | [01:21] |
pankkake | I guess it also allows someone with mainly non-USD fiat to easily invest, too | [01:22] |
mircea_popescu | Subject: #Notice of appearance in court Order 8389 | [01:23] |
mircea_popescu | From: "Notice to Appear" |
[01:23] |
mircea_popescu | spammers are getting daring these days | [01:23] |
mircea_popescu | "Hereby you are informed that you are due in the court of Houston on the 14 of January, 2014 at 10:00 am for the hearing of your case." | [01:23] |
Duffer1 | sounds like an accurate "come visit Houston" commercial | [01:25] |
Duffer1 | that's advertising, not spam | [01:27] |
mircea_popescu | right, except it attaches the same dumbass windows-only zip file that's been hitting all the honeypots this past coupla months | [01:28] |
mircea_popescu | some kid with a coupla grand decided he's gonna get himself rich online | [01:28] |
mircea_popescu | with nothing but faith and this here old pair of underwear. | [01:29] |
Duffer1 | that's travel itinerary | [01:29] |
truffles | everyone with charm should have a crack at fiat :d | [01:29] |
Duffer1 | it totally won't steal your wallet or anything | [01:29] |
mircea_popescu | i'm with truffles (0.0) in that yeah | [01:29] |
truffles | everyone isnt charming though, its a skill imo | [01:30] |
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assbot | [HAVELOCK] [CBTC] 20000 @ 0.000094 = 1.88 BTC [+] | [01:46] |
assbot | [HAVELOCK] [AM100] 225 @ 0.00306 = 0.6885 BTC [-] | [01:49] |
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assbot | [HAVELOCK] [KCIM] 250 @ 0.003 = 0.75 BTC [-] {3} | [02:06] |
* | VanCleef_ is now known as VanCleef | [02:08] |
assbot | [HAVELOCK] [PETA] 20 @ 0.0491 = 0.982 BTC [-] | [02:08] |
assbot | [HAVELOCK] [PETA] 5 @ 0.0491 = 0.2455 BTC [-] | [02:15] |
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assbot | [MPEX] [S.MPOE] 12966 @ 0.00092332 = 11.9718 BTC [-] | [02:24] |
FabianB | lol https://github.com/bitcoin/bitcoin.org/pull/290 | [02:27] |
* | mircea_popescu is almost afraid to look | [02:29] |
mircea_popescu | herp | [02:30] |
mircea_popescu | lol | [02:30] |
* | saulimus (~someone@37-219-33-138.nat.bb.dnainternet.fi) has joined #bitcoin-assets | [02:32] |
FabianB | hehe | [02:32] |
assbot | [MPEX] [S.MPOE] 6961 @ 0.00092376 = 6.4303 BTC [+] | [02:43] |
mircea_popescu | if indeed gavin's key accidentally expires with no back-ups... | [02:46] |
mircea_popescu | seems pretty much where bitcoin is destined to go, really. | [02:46] |
mircea_popescu | but for the benefit of all the noobies/forumers/etc that may get to read this : notice dear chitlins how it was the WoT that broke that request ? | [02:47] |
mircea_popescu | meditate on this point. | [02:47] |
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mircea_popescu | BingoBoingo i like your new colors. | [02:48] |
assbot | [HAVELOCK] [PETA] 21 @ 0.04901434 = 1.0293 BTC [-] {4} | [02:48] |
* | Evolyn__ (~Evolyn@p4FDCFF4F.dip0.t-ipconnect.de) has joined #bitcoin-assets | [02:49] |
assbot | [MPEX] [S.MPOE] 11000 @ 0.00092219 = 10.1441 BTC [-] {2} | [02:52] |
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* | KingCoin_ is now known as KingCoin | [02:54] |
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assbot | [MPEX] [S.MPOE] 13824 @ 0.00091678 = 12.6736 BTC [-] {2} | [02:57] |
assbot | [MPEX] [S.MPOE] 10000 @ 0.00090968 = 9.0968 BTC [-] | [02:58] |
* | sois (4312d047@gateway/web/cgi-irc/kiwiirc.com/ip.67.18.208.71) has joined #bitcoin-assets | [02:59] |
assbot | [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC | [03:02] |
ArsKisS | hmm | [03:04] |
ArsKisS | that ipo might even sell | [03:04] |
VanCleef | nah | [03:05] |
ArsKisS | 153k left | [03:05] |
ArsKisS | anyway, I keep my money waiting for the drop :P | [03:05] |
VanCleef | ya | [03:06] |
ArsKisS | funny how so many ipos are so overvaluated | [03:07] |
ArsKisS | Cannabit for teh lulz :D | [03:07] |
VanCleef | well, when pulling off a bitcoin scam you gotta tkae as many coins as you can | [03:08] |
ArsKisS | well.. scam is a bit rough word | [03:09] |
mircea_popescu | in general ipos tend to be overvalued because people suffer from a "money on the table" issue. | [03:11] |
mircea_popescu | such as, if my "company" may live 10 years and be worth 10 btc, then i'll be damned if i sell for less than 10 btc today | [03:11] |
mircea_popescu | notwithstanding that no company to date lived 10 years. | [03:11] |
mircea_popescu | and notwithstanding that the only ipo to date to make the owner actually rich (ie, mpoe) actually listed at two degrees of magnitude less than what it sells for. | [03:12] |
mircea_popescu | this compounded of course by the fact that there's very few people with any sort of experience or ability in the field of bitcoin finance, and plenty of muppet venues available. | [03:13] |
VanCleef | no bitcoin company is going ot last 10 years lol | [03:15] |
mircea_popescu | wanna bet ? | [03:15] |
VanCleef | yeah but lets not use bitbet its totally shit | [03:15] |
mircea_popescu | aite, so what are we using ? | [03:16] |
pankkake | define "last" | [03:16] |
VanCleef | i'm not locking away btc for 10years on a bet | [03:17] |
mircea_popescu | why not ? from experience, the people who did best in btc are those who locked it away. | [03:18] |
VanCleef | you'll probably be in jail or dead by then | [03:18] |
VanCleef | how will i get paid? | [03:18] |
* | [\]_b is now known as [\] | [03:18] |
ArsKisS | VanCleef, you actually wanna bet that none of bitcoin companies will live for 10 years? | [03:19] |
pankkake | what if mpex is still online, but no one uses it? does that count? | [03:19] |
VanCleef | no it doesn't count | [03:20] |
VanCleef | noone is using it now | [03:20] |
assbot | [MPEX] [S.MPOE] 3532 @ 0.0009147 = 3.2307 BTC [+] | [03:20] |
pankkake | well | [03:21] |
mircea_popescu | derp lol | [03:21] |
mircea_popescu | i take your meaning tho, you will be in jail or dead within the decade, therefore the world doesn't exist and doesn't matter. | [03:21] |
mircea_popescu | thanks for making it easy and everything. | [03:21] |
VanCleef | lol | [03:22] |
pankkake | do you have an exit plan to somalia? | [03:22] |
mircea_popescu | getting back to the original point, if no company is making it for 10 years then no company has any business listing. | [03:24] |
mircea_popescu | just like if nobody is actually cooking anything as complex as a pizza there's no need for italian pizza ovens | [03:24] |
VanCleef | all the ones that are listed now wont be around in 10 years | [03:24] |
* | ArsKisS has quit () | [03:25] |
VanCleef | mostly talking about havelock here | [03:25] |
mircea_popescu | VanCleef inasmuch as you limit the statement to "those venues all the forum idiots use", then you're prtobably right. | [03:25] |
VanCleef | those too | [03:25] |
mircea_popescu | tho statistically there's probably going to be one or two unlikely exceptions | [03:25] |
mircea_popescu | that'll look totally obvious in retrospect | [03:25] |
VanCleef | 10 years is a very long time in bitcoin world | [03:25] |
VanCleef | that's like 100 years | [03:26] |
mircea_popescu | only because "bitcoin world" as understood by muppets strictly consists of muppets, who have no intellectual ability to speak of, which limits their cognitive bubble rather severely. | [03:26] |
mircea_popescu | but that aside, i know plenty of people with a decade or multi-decade outlook | [03:26] |
mircea_popescu | course they're not "in" bitcoin according to... whatever, reddit. | [03:27] |
VanCleef | do you mind naming one? | [03:27] |
VanCleef | if its okey to share | [03:27] |
* | ozbot (~ozbot@unaffiliated/jezzz/bot/ozcoin) has joined #bitcoin-assets | [03:28] |
mircea_popescu | sure. take casares. or take vorhees. | [03:28] |
mircea_popescu | plenty more people you should know about as they're public, caldwell, the russian pirate bet guy, | [03:29] |
mircea_popescu | i won't name teh private, obviously, but i don't need to for this point either. | [03:29] |
VanCleef | hmmm casares and vorhees hey, i'll have a look | [03:29] |
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assbot | [MPEX] [S.MPOE] 8900 @ 0.00090968 = 8.0962 BTC [-] | [03:34] |
mircea_popescu | .d | [03:40] |
ozbot | 1418481395.26264 | Next Diff in 2012 blocks | Estimated Change: 20.0600% in 11d 3h 52m 13s | [03:40] |
pankkake | someone got miners for christmas | [03:40] |
mircea_popescu | seems so | [03:41] |
assbot | [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC | [03:41] |
mircea_popescu | ;;calc 1418481395/118092319 | [03:42] |
gribble | 12.0116312984 | [03:42] |
mircea_popescu | wat | [03:42] |
mircea_popescu | ;;calc 1418481395/1180923195 | [03:42] |
gribble | 1.20116312475 | [03:42] |
mircea_popescu | ;;calc 1418481395 * 1.20116312475**2 | [03:43] |
gribble | 2046574817.77 | [03:43] |
mircea_popescu | ha! | [03:43] |
mircea_popescu | http://bitbet.us/bet/619/bitcoin-difficulty-at-or-above-2b-before-feb/ | [03:43] |
ozbot | BitBet - Bitcoin difficulty at or above 2B before Feb 2014 | [03:43] |
mircea_popescu | 3.5:1 by now | [03:43] |
assbot | [MPEX] [S.MPOE] 16700 @ 0.00091015 = 15.1995 BTC [+] | [03:46] |
assbot | [HAVELOCK] [AM100] 779 @ 0.0030002 = 2.3372 BTC [-] {8} | [03:46] |
mircea_popescu | needs no more than 18.7% twice | [03:46] |
mircea_popescu | or a 20 and a 17.49 | [03:47] |
assbot | [HAVELOCK] [AM1] 1 @ 0.3099998 BTC [+] | [03:47] |
* | the20year1 (~the20yr@cpe-65-185-54-18.columbus.res.rr.com) has joined #bitcoin-assets | [03:51] |
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assbot | [MPEX] [S.MPOE] 7771 @ 0.0009147 = 7.1081 BTC [+] | [04:14] |
mircea_popescu | ha! "people claim diamonds are forever, yet they're an absolute scam. the same people claim bitcoin is a scam, but really... bitcoin is forever." | [04:18] |
kakobreklaa | ah people, last one you want to ask when you want to know about something, is people | [04:19] |
kakobreklaa | here they say, you are "as hardworking as an ant" | [04:19] |
kakobreklaa | yet they do not know 50% of ant workers pretend to be working their whole life | [04:20] |
the20year1 | and bitcoins that are lost? | [04:20] |
the20year1 | in unrecoverable wallets? | [04:21] |
kakobreklaa | you cant proove its unrecoverable | [04:21] |
pankkake | so ants are like humans? | [04:22] |
mircea_popescu | it really makes very little difference whether anyone can or can't use the bitcoins. | [04:22] |
mircea_popescu | they're there alright. | [04:22] |
kakobreklaa | no i dont think ants are as humans, just humans are dumb | [04:22] |
pankkake | in the sense that they pretend to be working | [04:22] |
kakobreklaa | the ratio on htat with humans is prolly higher | [04:22] |
mircea_popescu | it's not really dumb, for the ants. they didn't ask to be hatched there. | [04:22] |
mircea_popescu | the problem with humans is that they ASK to join whatever shit they then don't help with | [04:23] |
mircea_popescu | everyone applied & interviewed for the job they aren't doing. | [04:23] |
assbot | [MPEX] [S.MPOE] 6214 @ 0.00091617 = 5.6931 BTC [+] {2} | [04:24] |
the20year1 | Technically they're recoverable through brute force, however the resources to do that are immense | [04:24] |
truffles | santa where are my presents! | [04:25] |
the20year1!*@* | added to ignore list. | [04:25] |
kakobreklaa | the20year but that goes true for lost and non lost coins | [04:27] |
truffles | kako :( | [04:27] |
kakobreklaa | what i didnt take your presents. | [04:27] |
truffles | ure supposed to hand them out though | [04:28] |
kakobreklaa | well, wheres the bag, wheres the list? | [04:28] |
kakobreklaa | ahhh here is the list, tiber takes the top of naughy boys | [04:28] |
truffles | is he the only person u banned? | [04:29] |
kakobreklaa | dunno | [04:29] |
kakobreklaa | prolly not | [04:29] |
truffles | whyd u do it! | [04:29] |
kakobreklaa | bribes | [04:29] |
truffles | it could be ur good act for 2014, bring back tiber! | [04:30] |
truffles | (forgot the spelling) | [04:30] |
kakobreklaa | ok, guys, lets vote, type 1 for tib unban, or type 2 for truffles ban | [04:31] |
truffles | nooo | [04:31] |
truffles | evil | [04:31] |
kakobreklaa | you gotta balance it somehow ya know | [04:31] |
truffles | 1 | [04:31] |
truffles | clearly the only active around :D | [04:32] |
* | kakobreklaa is now known as kakobrekla | [04:32] |
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* | kakobrekla (~kako@unaffiliated/kakobrekla) has joined #bitcoin-assets | [04:32] |
assbot | 2 | [04:32] |
truffles | omg | [04:32] |
truffles | shortcuts | [04:32] |
assbot | [HAVELOCK] [NEOBEE] 500 @ 0.00298988 = 1.4949 BTC [+] {5} | [04:35] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [04:36] |
benkay | both! | [04:37] |
truffles | there goes that hater | [04:37] |
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benkay | i maintain my own ignore file tho so it's not as if a t-ban's going to improve my life noticeably. | [04:38] |
benkay | tiberius was amazing! | [04:38] |
assbot | AMAZING COMPANY! | [04:38] |
benkay | amazing troll. | [04:38] |
assbot | AMAZING COMPANY! | [04:38] |
benkay | shut up, assbot. | [04:38] |
Gotchawallet | kakobreklaa thats a hard decision | [04:38] |
truffles | to ignore is to show preference though | [04:38] |
truffles | i have none .. | [04:39] |
truffles | lets be a happy #assets | [04:39] |
Gotchawallet | almost inclined to press 2 so i will not press either because pressing 1 would mean hell | [04:39] |
Gotchawallet | is there a 0? | [04:39] |
* | Gotchawallet is now known as KRS|Gotyawallet | [04:39] |
truffles | :( | [04:40] |
assbot | [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC | [04:40] |
KRS|Gotyawallet | dont worry truffles it'll be okay.. | [04:44] |
truffles | i know i managed to survive these many years without #assets, dunno how i did | [04:45] |
KRS|Gotyawallet | because you aren't a muppet i guess..they're easily spotted here. | [04:47] |
KRS|Gotyawallet | at times I may have shown I've been uninformed (ignorant) but my intelligence pulls me through =D | [04:47] |
truffles | ha | [04:48] |
truffles | there is lotta that everywhere | [04:48] |
KRS|Gotyawallet | its like information overload..i'm having trouble digesting so much news and information sometimes. hard to keep up with and exhausting. i'm afraid i might miss something so i work real hard at it. the world moves pretty fast. | [04:49] |
truffles | it does | [04:49] |
KRS|Gotyawallet | i started smoking these e-cigs (vaporizors) this one is english toffee. i like it so far | [04:49] |
truffles | trolls prob would help u with filtering, putting them on ignore discourages this skill | [04:50] |
KRS|Gotyawallet | yea they do help, anything that floats to the top of their froth seems to be worth looking at for a final decision as to whether its worth my time or not | [04:51] |
truffles | sometimes some really smart ppl r so closed-minded or narrow minded and it kinda surprises me too much | [04:53] |
mircea_popescu | [04:53] | |
mircea_popescu | my brain is still singed from the last binge | [04:53] |
Duffer1 | http://i.imgur.com/psu515W.gif | [04:55] |
Duffer1 | yes it's a cat gif | [04:55] |
* | truffles calls peta | [04:56] |
mircea_popescu | lol | [04:58] |
assbot | [HAVELOCK] [AM1] [PAID] 11.75438420 BTC to 14`404 shares, 81605 satoshi per share | [05:00] |
assbot | [HAVELOCK] [AM100] [PAID] 2.57234125 BTC to 331`915 shares, 775 satoshi per share | [05:03] |
KRS|Gotyawallet | Tropes Are Tools, not clichés. - this will help me take a more critical approach to media | [05:04] |
* | phf (~phf@mc62336d0.tmodns.net) has joined #bitcoin-assets | [05:04] |
KRS|Gotyawallet | thanks- looking more into this | [05:04] |
assbot | [HAVELOCK] [NEOBEE] 320 @ 0.0029899 = 0.9568 BTC [+] | [05:04] |
* | phf has quit (Client Quit) | [05:06] |
KRS|Gotyawallet | yeah truffles you are right about that, i'm not sure what to make of it myself | [05:07] |
assbot | [MPEX] [S.MPOE] 14800 @ 0.00090974 = 13.4642 BTC [-] {3} | [05:07] |
KRS|Gotyawallet | could be a number of different reasons, imo most of the time it has something to do with their personality type | [05:08] |
truffles | easy example, can an intelligent person be racist? | [05:08] |
KRS|Gotyawallet | probably | [05:10] |
KRS|Gotyawallet | i dont see why not | [05:10] |
KRS|Gotyawallet | i saw something on bitcoin tonight on tv- it was amazingly positive- its one of those off-brand "news" broadcasts. I shall see if I can find it. | [05:11] |
assbot | AMAZING COMPANY! | [05:11] |
mircea_popescu | truffles intelligent persons have in fact been racist historically. | [05:12] |
mircea_popescu | that resolves your q. | [05:12] |
truffles | but were they doing so cuz they felt it or cuz of actual goals | [05:13] |
mircea_popescu | there's nothing intrinsic to intelligence that prevents racism (as you define it) nor is there in fact anything wrong with racism in principle | [05:13] |
mircea_popescu | any more than there's anything wrong with cheese. | [05:13] |
truffles | i see something wrong with it, but less so if its a means to an end | [05:14] |
pankkake | less so? as in, if racism justifies slavery it's better than racism alone? | [05:14] |
mircea_popescu | yes well. cheese is a particular way to process milk. racism is a particular way to process difference. | [05:14] |
mircea_popescu | either can be eminently inadequate for a certain purpose or in a given circumstance | [05:15] |
truffles | thats where we have prejudice | [05:15] |
mircea_popescu | but outside of the agent, his purpose and his circumstances, they're just that, cheese. | [05:15] |
truffles | pankkake not necessarily that | [05:15] |
VanCleef | i'm cool with racism as long as we can be homophobic too | [05:15] |
VanCleef | do you hate gays mircea? | [05:15] |
mircea_popescu | VanCleef notrly | [05:15] |
VanCleef | ew | [05:16] |
* | CheckDavid has quit (Quit: Leaving) | [05:16] |
mircea_popescu | ok, to make the joke : "i don't hate sick people" | [05:16] |
kakobrekla | bitcointalk.org/index.php?topic=67547.msg4264071#msg4264071 | [05:16] |
kakobrekla | fuukin http missing stupid browser | [05:16] |
VanCleef | i dont like them because they are commiting crimes against nature | [05:16] |
mircea_popescu | kakobrekla everything is better witha smaller ammount of http | [05:16] |
pankkake | kakobrekla: using Nooble Chrome? :| | [05:16] |
truffles | hate is a strong word u know | [05:16] |
kakobrekla | pankkake opera | [05:17] |
mircea_popescu | fun fact : with internet kid at plastics factory. kid notices large HTPP spelled out somewhere, decides they've misspelled http | [05:17] |
kakobrekla | they decided to remove the option to show full url tards. | [05:17] |
truffles | i started using opera to get away from firefox, it required too much ! | [05:17] |
truffles | or rather lacking too much | [05:19] |
pankkake | wow, even Opera is removing options now? | [05:20] |
kakobrekla | yes i will stop using it prolly | [05:21] |
kakobrekla | they made it for retard users | [05:21] |
pankkake | the Chrome devs refuse to put an option, and close any bug on the subject without discussion | [05:21] |
kakobrekla | you know what is the reasoning for that option removal | [05:21] |
kakobrekla | "http or https is too techical for people" | [05:21] |
pankkake | it's a fucking option, put it behind an "Avanced do not go there" | [05:22] |
pankkake | put it in about:config! oh, wait | [05:22] |
kakobrekla | yeah, first place i searched | [05:22] |
kakobrekla | but no cigar | [05:22] |
pankkake | oh opera has about:config? :) | [05:22] |
kakobrekla | its opera:config | [05:22] |
kakobrekla | an opera:about | [05:23] |
kakobrekla | and | [05:23] |
mircea_popescu | so use 7.5 or w/e | [05:23] |
mircea_popescu | not like you have to use their most recent brainfuck, or there's any incentive to do so | [05:23] |
pankkake | security fixes | [05:23] |
KRS|Gotyawallet | cant find it but..did you guys see this http://pro.moneymappress.com/NVXBITCOIN49/WNVXPC41/ | [05:23] |
kakobrekla | i would have to go way back to get a non sucky version | [05:23] |
kakobrekla | which now sucks in other ways. | [05:24] |
ozbot | [Direct] Rentalstarter-Bond - Paying WEEKLY interest | [05:24] |
kakobrekla | also i thought their integration of webkit is going to save them | [05:24] |
kakobrekla | its looking rather bleek so far | [05:24] |
kakobrekla | which makes kako unhappy. | [05:24] |
pankkake | KRS|Gotyawallet: lol the investor comments on the bottom look so like the ones of scams | [05:25] |
KRS|Gotyawallet | yeah the video is moving | [05:25] |
pankkake | why the fuck are they using edison | [05:26] |
pankkake | what the fuck is this | [05:26] |
KRS|Gotyawallet | probably because its based on electric and not paper | [05:26] |
KRS|Gotyawallet | they dont want to put the name 'bitcoin' out there right away because it seems they are offering investment plans on how to invest in it | [05:26] |
assbot | [MPEX] [S.MPOE] 8958 @ 0.00090955 = 8.1477 BTC [-] {2} | [05:26] |
pankkake | brb starting EdisonCoin | [05:27] |
pankkake | and its silver to gold TeslaCoin | [05:28] |
kakobrekla | make it AC and DC | [05:28] |
kakobrekla | just go use ripple or something rather! | [05:29] |
kakobrekla | http://www.frontiersinzoology.com/content/10/1/80/abstract | [05:29] |
ozbot | Frontiers in Zoology | Abstract | Dogs are sensitive to small variations of the Earth's magnetic fie | [05:29] |
kakobrekla | Dogs preferred to excrete with the body being aligned along the North-south axis under calm MF conditions. | [05:29] |
kakobrekla | fyi. | [05:29] |
Duffer1 | oh cool | [05:30] |
KRS|Gotyawallet | folks within the FED are probably starting to poop their pants a little on the liquid side 1Q14 | [05:30] |
Duffer1 | so do i actually | [05:30] |
Duffer1 | you know.. just to make it weird | [05:30] |
mircea_popescu | if there's anyone left with a working brain over there | [05:31] |
mircea_popescu | i dunno... cognitive dissonance kills brain cells | [05:31] |
KRS|Gotyawallet | I don't think the FED has ever been under so much attack as this day and age | [05:31] |
KRS|Gotyawallet | thinking everything up until now, but with the addition of digital currency | [05:32] |
KRS|Gotyawallet | Libertarians, competing foreign currency, digital currency | [05:33] |
KRS|Gotyawallet | Inflation | [05:34] |
KRS|Gotyawallet | that was bad | [05:34] |
KRS|Gotyawallet | that+oil crisis was bad | [05:34] |
* | KableKiB_ (~KableKiB@blk-222-238-21.eastlink.ca) has joined #bitcoin-assets | [05:35] |
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mircea_popescu | myeah | [05:36] |
assbot | [MPEX] [S.MPOE] 769 @ 0.00091099 = 0.7006 BTC [+] | [05:37] |
kakobrekla | ok im ipoing doge compass | [05:37] |
kakobrekla | buy before too late | [05:37] |
assbot | [HAVELOCK] [AM1] 47 @ 0.31365068 = 14.7416 BTC [+] {10} | [05:38] |
KRS|Gotyawallet | makes me wonder how my parents did so well..even considering the high unemployment of the early-mid 80's | [05:39] |
KRS|Gotyawallet | our generation is now, our generation is virtual currency | [05:39] |
Duffer1 | your college degree was actually worth something.. | [05:41] |
KRS|Gotyawallet | i think early 80's unemplyment in the US was near 14% | [05:41] |
benkay | and it's not there now?! | [05:41] |
KRS|Gotyawallet | Dyffer1 good point- i was shocked after going to college to see just how worthless a degree was..i felt like i wasted my time, but I'm happy to have been educated. | [05:42] |
KRS|Gotyawallet | bekay I think its near 8% | [05:42] |
benkay | dat good old "labor participation" fudge factor | [05:42] |
benkay | you guys eat these government employment statistics up wholly credulously | [05:42] |
benkay | amazing | [05:42] |
assbot | AMAZING COMPANY! | [05:42] |
KRS|Gotyawallet | benkay where else can one go for those stats? | [05:43] |
Duffer1 | they stop counting those that stop looking (are forced off benefits) | [05:43] |
ozbot | Bureau of Labor Statistics Data | [05:43] |
benkay | dig into the conspiracy theory areas yourself | [05:43] |
KRS|Gotyawallet | the20year1- thanks but see what benkay said | [05:43] |
benkay | there are some slim pickings of useful information out there. | [05:44] |
KRS|Gotyawallet | he might be right but i have no comment beyond that | [05:44] |
Duffer1 | i define unemployment as any mode below personal sustainability | [05:45] |
Duffer1 | which would include under-employed | [05:45] |
truffles | below personal sustainability? | [05:46] |
benkay | the whole notion is fucked. there's a generation out there laboring at fast food operations under a few tens of thousands of dollars of debt undertaken for useless degrees. | [05:46] |
benkay | but hey they're 'employed' | [05:46] |
benkay | it's like counting labor camps in the employment numbers | [05:46] |
truffles | everyone cant get that nice office job like u benkay | [05:47] |
Duffer1 | truffles an amount that can sustain you without forced reliance on a welfare system | [05:47] |
truffles | hmmm | [05:47] |
assbot | [HAVELOCK] [PETA] 5 @ 0.04900001 = 0.245 BTC [-] | [05:48] |
benkay | and zero americans electing to not get degrees. | [05:48] |
truffles | via nepotism? | [05:48] |
benkay | precisely. over educated and unwilling to work manual jobs. | [05:49] |
truffles | tend oil lines | [05:49] |
benkay | yeah man if you like putting your hands on the line every time you go to work | [05:49] |
truffles | like thats some pretty job omg | [05:49] |
benkay | i got out of the atom-smashing business a while ago | [05:49] |
benkay | plus you can't smoke pot | [05:49] |
benkay | modern hippies would rather not work than take a job that keeps them off the reefer | [05:50] |
kakobrekla | having a job is so nineties | [05:50] |
truffles | benkay and the20year1 must be trollin now | [05:50] |
KRS|Gotyawallet | cant tell which is the troll | [05:51] |
assbot | [HAVELOCK] [CBTC] 2500 @ 0.000094 = 0.235 BTC [+] | [05:51] |
KRS|Gotyawallet | haha | [05:51] |
truffles | what town? | [05:51] |
truffles | this is like unheard of | [05:51] |
KRS|Gotyawallet | that old guy with the spikey white hair has been spotted on the interwebz, sometime during this christmas holiday http://forums.newart.com/phpbb/download/file.php?id=145319&mode=view | [05:52] |
truffles | its not detroit at least :D | [05:52] |
KRS|Gotyawallet | is that benkay's bls statistic though | [05:53] |
truffles | so these jobs that no one wants are only available in Ohio? | [05:53] |
pankkake | KRS|Gotyawallet: anyone opening that link at work just lost their jobs. congratulations! | [05:55] |
truffles | so ure talking about skilled labor not the jobs that random joes can get | [05:56] |
benkay | .bait | [05:56] |
ozbot | http://24.media.tumblr.com/4bd1a5d0e8901c9bf4cbaa925a8fa8c5/tumblr_msy4w3CXHQ1qm2q0lo1_1280.jpg | [05:56] |
benkay | pankkake: same with anyone opening that link. what of it? | [05:56] |
ozbot | Timeline Photos | [05:57] |
benkay | maybe they should get a job as a welder | [05:57] |
assbot | [MPEX] [S.MPOE] 2400 @ 0.00091099 = 2.1864 BTC [+] | [05:58] |
KRS|Gotyawallet | wow rly lol | [05:59] |
KRS|Gotyawallet | most welders don't only weld they are also fabricators and that is why | [05:59] |
mircea_popescu | KRS|Gotyawallet> bekay I think its near 8% << depends how you count it | [06:00] |
KRS|Gotyawallet | f'n-a i didnt know about the .bait command | [06:00] |
KRS|Gotyawallet | me and ozbot need to get a separate room..bbl | [06:00] |
mircea_popescu | 8% of the people actively looking for a job can't find one. 30% or so of the people who could work do not | [06:00] |
mircea_popescu | part of them through being homeless/bums. part through pretending to be sick. | [06:00] |
mircea_popescu | plenty through simply staying off the books | [06:00] |
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truffles | who are they polling? | [06:05] |
truffles | sample size? | [06:06] |
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* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [06:07] |
truffles | that is crazy to me | [06:08] |
truffles | the list of questions id have to ask is too much to resolve this in my mind, so ill end here :D | [06:08] |
kakobrekla | http://bitcointalk.org/index.php?topic=290799.msg4259859#msg4259859 | [06:11] |
ozbot | [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC | [06:11] |
assbot | [HAVELOCK] [PETA] 10 @ 0.0491 = 0.491 BTC [+] | [06:11] |
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KRS|Gotyawallet | i tried kraken i hated it | [06:13] |
Duffer1 | brb mpsex.com | [06:13] |
Duffer1 | .co | [06:13] |
KRS|Gotyawallet | speaking of, is /dtng ever going back online | [06:13] |
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kakobrekla | whys taht KRS|Gotyawallet | [06:15] |
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assbot | [MPEX] [S.MPOE] 5600 @ 0.00091144 = 5.1041 BTC [+] | [06:22] |
pankkake | http://www.infowars.com/global-warming-scientists-still-trapped-in-record-level-antarctic-ice/ | [06:23] |
ozbot | » Global Warming Scientists Still Trapped In Record-Level Antarctic Ice Alex Jones' Infowars: Ther | [06:23] |
kakobrekla | you link infowars, im starting to belive gw is real | [06:26] |
pankkake | my source is French, then googled the first stuff I could find. what's infowars? | [06:26] |
Duffer1 | i'm afraid to load the comments | [06:26] |
Duffer1 | i can't even remember why i read the whole post.. | [06:26] |
kakobrekla | u dont know alex jones?? | [06:26] |
Duffer1 | think bat + shit + lsd | [06:27] |
truffles | he lives in a cave | [06:27] |
pankkake | the name rings a bell | [06:27] |
truffles | he's got great energy though | [06:27] |
kakobrekla | makes a good sandwitch with keiser | [06:28] |
kakobrekla | er, sandwich | [06:28] |
truffles | http://www.youtube.com/watch?v=_XZvMwcluEg | [06:28] |
ozbot | Alex Jones vs Piers Morgan On Gun Control - CNN 1/7/2013 - YouTube | [06:28] |
truffles | i like keiser too :D | [06:28] |
* | truffles is down with weird | [06:29] |
Duffer1 | dear lord the fail | [06:29] |
Duffer1 | it makes my soul hurt | [06:29] |
kakobrekla | well keiser is funny sometimes but else meh | [06:29] |
kakobrekla | alex is just retarded | [06:29] |
truffles | no wai man | [06:29] |
Duffer1 | a retard vs a british pundit talking about american gun control | [06:30] |
truffles | alex delivers so many times | [06:30] |
kakobrekla | yes that clip is a classic | [06:30] |
mircea_popescu | best part about alex jones i discovered is that hes kinda flabby fat | [06:30] |
mircea_popescu | nothing funnier than a very excited conspiracy theorist that looks like a bank clerk | [06:30] |
kakobrekla | flabby fat? | [06:30] |
truffles | yea looks like he eats well | [06:30] |
mircea_popescu | need somewhat of a el che look to pull off crazy in a cool way. | [06:30] |
kakobrekla | he looks like he eats cocaine only | [06:30] |
kakobrekla | oh sorry | [06:31] |
Duffer1 | he looks so average american it's scary | [06:31] |
kakobrekla | i thught you said the other guy | [06:31] |
truffles | doesnt coke make u skinny though | [06:31] |
assbot | [HAVELOCK] [AM1] 58 @ 0.31913788 = 18.51 BTC [+] {6} | [06:32] |
truffles | 3:00-3:11 is my fav of that clip | [06:32] |
kakobrekla | yes, coke = keiser | [06:32] |
kakobrekla | thats what i ment | [06:32] |
truffles | how many great white sharks kill people etc lol | [06:33] |
truffles | he shouldve been a comedian | [06:33] |
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assbot | [MPEX] [S.MPOE] 6300 @ 0.00091144 = 5.7421 BTC [+] | [06:35] |
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truffles | i havent seen anyone just shut down piers like alex jones besides jessie ventura | [06:36] |
truffles | he just bulldozers guests.. | [06:36] |
kakobrekla | he says nothing of substane though | [06:36] |
kakobrekla | substance | [06:37] |
truffles | piers? | [06:37] |
kakobrekla | its like a dog barking | [06:37] |
kakobrekla | alex | [06:37] |
truffles | hmmm | [06:37] |
Duffer1 | piers was more like a dog presenting | [06:37] |
kakobrekla | dog who barks doesnt bite | [06:38] |
kakobrekla | which barks? | [06:38] |
kakobrekla | dunno | [06:38] |
kakobrekla | something like that | [06:38] |
kakobrekla | could ba a who its a nigga dog | [06:38] |
kakobrekla | or a doge dog | [06:39] |
truffles | lol | [06:39] |
truffles | u like that word "nigga" lol | [06:39] |
Duffer1 | i like how he dismisses gang violence so casually | [06:39] |
Duffer1 | very well done | [06:39] |
Duffer1 | i mean really who cares about all them blacks killin eachother | [06:40] |
Duffer1 | that's not "real" gun violence | [06:40] |
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assbot | [MPEX] [S.MPOE] 13250 @ 0.00091144 = 12.0766 BTC [+] | [06:42] |
assbot | [HAVELOCK] [AM100] 209 @ 0.0029989 = 0.6268 BTC [+] | [06:42] |
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mircea_popescu | i thought most gangs were latino | [06:45] |
mircea_popescu | it's kinda funny to watch all the aggitation over the black minority from afar. there's about 50% more latino people in the us, nobody is all too excited about THEIR poor prospects and poor access | [06:45] |
truffles | maybe the latino's are shooting the blacks? | [06:45] |
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mircea_popescu | the blacks speak english at least. | [06:46] |
Duffer1 | largest is white if you count our police forces | [06:46] |
Duffer1 | the political discussion when it comes to latinos circles almost exclusively on immigration | [06:47] |
Duffer1 | centers* | [06:47] |
mircea_popescu | white is a solid 75% majority. | [06:47] |
mod6 | the walls they build to keep out the mexicans will someday keep the fleeing americans out of mexico | [06:48] |
mircea_popescu | the nature of walls. | [06:48] |
Duffer1 | indeed | [06:48] |
ohider | whats up | [06:48] |
ohider | with EMF weapons who needs walls just tell people what/where to go | [06:50] |
* | twizt (457d6d20@gateway/web/freenode/ip.69.125.109.32) has joined #bitcoin-assets | [06:53] |
ohider | i have an idea that I want to get some feedback on | [06:54] |
truffles | EMP? | [06:55] |
* | truffles wants to play some command and conquer! | [06:55] |
assbot | [HAVELOCK] [SFI] 200 @ 0.001 = 0.2 BTC | [06:55] |
assbot | [HAVELOCK] [AM1] 1 @ 0.315 BTC [-] | [06:55] |
assbot | [HAVELOCK] [AM1] 1 @ 0.3151 BTC [+] | [06:56] |
assbot | [MPEX] [S.MPOE] 8300 @ 0.00091144 = 7.565 BTC [+] | [06:57] |
twizt | god damn | [06:59] |
twizt | i set a password so hard on my nick | [06:59] |
twizt | i forgot it | [06:59] |
truffles | lol story of my life | [06:59] |
kakobrekla | you can reset it afaik | [06:59] |
mircea_popescu | twizt write all your pws down, encrypt the file to your gpg key. | [07:00] |
BingoBoingo | Thankfully the WoT doesn't depend on Nickserv's security | [07:01] |
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assbot | [HAVELOCK] [AM1] 1 @ 0.3152 BTC [+] | [07:06] |
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assbot | [HAVELOCK] [AM1] 1 @ 0.324 BTC [+] | [07:08] |
assbot | [MPEX] [S.MPOE] 17350 @ 0.00090847 = 15.762 BTC [-] {2} | [07:09] |
twizt | whats "n_unredeemed":2, on blockchain? | [07:09] |
twizt | is that unconfirmed bal? | [07:09] |
BingoBoingo | mircea_popescu: Thanks. I'm still contemplating other elements of dated 90's web aesthetics I could incorporate without succumbing to animated Gifs. | [07:10] |
kakobrekla | do you have a visitor counter? | [07:10] |
Duffer1 | do you even frames bro? | [07:11] |
assbot | [HAVELOCK] [AM1] 1 @ 0.316 BTC [-] | [07:11] |
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BingoBoingo | Nice, ideas! | [07:14] |
Duffer1 | mouse trail? | [07:14] |
pankkake | needs "under construction" image | [07:14] |
assbot | [HAVELOCK] [AM1] 1 @ 0.317 BTC [+] | [07:14] |
pankkake | oh god I forgot about mouse trails | [07:14] |
* | DBordello has quit (Excess Flood) | [07:19] |
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assbot | [HAVELOCK] [AM100] 100 @ 0.003151 = 0.3151 BTC [+] {9} | [07:28] |
ohider | if bitcoin tip works on reddit would that system work on a website that students can post their work? | [07:29] |
Duffer1 | for a homework buying website? | [07:30] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [07:31] |
assbot | [HAVELOCK] [AM1] 1 @ 0.32 BTC [+] | [07:32] |
assbot | [HAVELOCK] [AM100] 70 @ 0.00319984 = 0.224 BTC [+] {2} | [07:32] |
* | jborkl has quit (Client Quit) | [07:32] |
assbot | [HAVELOCK] [AM1] 1 @ 0.31900101 BTC [-] | [07:33] |
ohider | a legitimate way of getting paid for the work that you do in class | [07:33] |
assbot | [HAVELOCK] [AM1] 1 @ 0.319 BTC [-] | [07:34] |
truffles | college athletes dont get proper compensation, heh | [07:34] |
ohider | if people want to steal ideas and resubmit theres no stopping that but if students can have a way of getting paid the motivation of doing school work is changed | [07:34] |
ohider | and also use bitcoin to pay student athletes | [07:34] |
pankkake | but you expect people to "tip" for homework? I don't see the relation to reddit | [07:34] |
ohider | my website is boco.bit | [07:35] |
Duffer1 | using bitcoin would be a good way to get caught | [07:35] |
Duffer1 | wouldn't you want something without a public ledger if you don't want to worry about getting expelled? | [07:35] |
pankkake | boco.bit has address 10.0.0.7 | [07:36] |
assbot | [HAVELOCK] [AM1] 1 @ 0.318 BTC [-] | [07:37] |
truffles | http://en.wikipedia.org/wiki/2012_Harvard_cheating_scandal guess more of this will happen | [07:37] |
ozbot | 2012 Harvard cheating scandal - Wikipedia, the free encyclopedia | [07:37] |
pankkake | cheating is so "normal" in education… it's just stupid | [07:38] |
assbot | [HAVELOCK] [AM1] 1 @ 0.318 BTC [-] | [07:38] |
BingoBoingo | I dunno Bitcoin might be a great way to get around NCAA prohibitions on paying college athletes if it is done right. | [07:38] |
ohider | shit ok i need to do some more work | [07:38] |
ohider | ya thats my idea | [07:38] |
ohider | buy bit coins through localbitcoin.com all across the country and use those to pay your atheletes | [07:38] |
ohider | the costs would be plane flights and use to buy bitcoin | [07:40] |
ohider | USD* | [07:41] |
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truffles | flights to? | [07:41] |
ohider | if you are buying bitcoin with cash its best to do it all over the country so no one remembers you so you would need to travel some | [07:43] |
BingoBoingo | ohider: Nah, it is fine if people remember you buying. It might also be helpful with that little trust business... | [07:43] |
truffles | y wouldnt they remember u? | [07:44] |
ohider | if you are buying large amounts of bitcoin, the seller will remember you | [07:44] |
Duffer1 | you would need an enormous amount of bitcoins to pay college athletes what they bring in for their states annually | [07:45] |
ohider | exactly | [07:45] |
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BingoBoingo | Duffer1: That much is probably unreasonable, but Bitcoin could be away for school's boosters to continue continuting to athletes as they have always done, and probably in richer amounts. | [07:49] |
assbot | [MPEX] [S.MPOE] 20850 @ 0.00090868 = 18.946 BTC [+] {2} | [07:49] |
asciilifeform | BingoBoingo: next maybe you will suggest bitcoin as a way to pay beggars? | [07:50] |
asciilifeform | these people barely have enough brains to use fiat... | [07:50] |
ohider | fuck why not there an article about a homeless guy who has a tablet and a solar panel that lives off bitcoin | [07:50] |
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truffles | lol! | [07:51] |
ohider | http://www.wired.com/wiredenterprise/2013/09/bitcoin-homeless/ | [07:51] |
ozbot | Homeless, Unemployed, and Surviving on Bitcoins | Wired Enterprise | Wired.com | [07:51] |
Duffer1 | did you read that article? | [07:51] |
ohider | http://cryptocoinupdates.com/voluntarily-homeless-man-lives-off-bitcoin-android-tablet-and-a-solar-charger/ | [07:52] |
pankkake | didn't read the article but sounds like the usual hype | [07:52] |
Duffer1 | pure horseshit is another word for it | [07:53] |
BingoBoingo | asciilifeform: Nah. School boosters generally have a motivation for paying student athletes in that the more homework the athlete can afford the moar handegg they can practice and hopefully the more the team wins. What the athlete in this scheme would probably end with is not the Bitcoins, but some other value for which Bitcoins provide a measure of plausible deniability. | [07:53] |
assbot | [HAVELOCK] [DEALCO] 51 @ 0.00200411 = 0.1022 BTC [+] {3} | [07:53] |
assbot | [HAVELOCK] [AM1] 1 @ 0.317 BTC [-] | [07:53] |
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assbot | [HAVELOCK] [AM1] 10 @ 0.317 = 3.17 BTC [-] | [07:54] |
ohider | i goat ask who's long on name coin? | [07:54] |
assbot | [HAVELOCK] [AM1] 4 @ 0.317 = 1.268 BTC [-] | [07:55] |
ohider | what is more valuable, 1 unit of name coin or a name coin url | [07:56] |
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Duffer1 | i goat or i gotta? | [07:56] |
ohider | gotta fuckin auto correct | [07:57] |
Duffer1 | i like namecoin, i'd have a very small position if things were different | [07:58] |
Duffer1 | that's actually saying a lot since imo most alts are shit | [07:58] |
assbot | [HAVELOCK] [PETA] 51 @ 0.0491 = 2.5041 BTC [+] | [07:58] |
assbot | [MPEX] [S.MPOE] 2600 @ 0.00091144 = 2.3697 BTC [+] | [07:58] |
ohider | Duffer1 why is that article about homeless dude horseshit? | [07:58] |
ohider | whats the motivation of media covering that story? | [07:59] |
Duffer1 | 650+ a day clicking 12 videos that pay .00000001 per click | [07:59] |
Duffer1 | does not compute | [07:59] |
ohider | the second one about the guy w/ solar panel and tablet | [07:59] |
Duffer1 | oh dunno didn't read, is he surviving on coins he already had or is he magically earning something from nothing like the wired article? | [08:00] |
ohider | dude is a dev and homeless by choice. A "Into the Wild" type dude | [08:01] |
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ohider | but he is homeless and can't get a bank account | [08:01] |
ohider | so he does bitcoin | [08:01] |
mircea_popescu | Duffer1 it was bs when it first came out, it still is. | [08:01] |
truffles | cant raise a family homeless.. | [08:01] |
truffles | one can but why would u! | [08:03] |
assbot | [HAVELOCK] [AM1] 1 @ 0.311 BTC [-] | [08:04] |
ohider | who is long on litecoin being that scrypt asic is coming down the line | [08:04] |
ohider | will asic do to litecoin what it did to bitcoin ? | [08:05] |
mircea_popescu | it may well wreck it | [08:07] |
ohider | I hear this shit about bitcoin needs litecoin like gold needs silver. Is the next investment a coin that is impervious to asic? | [08:07] |
mircea_popescu | seeing how possibly the onl;y thing keeping ltc alive is the insistent dedication of people who wish to mine but can't afford asics | [08:07] |
mircea_popescu | going from the fringe fave to the mainstream clone is a move few survive | [08:08] |
asciilifeform | juicy meat in the sun. flies arrive eventually. end of story... | [08:09] |
ohider | is the game up when this is solved? | [08:11] |
ohider | http://en.wikipedia.org/wiki/P_versus_NP_problem | [08:11] |
ozbot | P versus NP problem - Wikipedia, the free encyclopedia | [08:11] |
Duffer1 | "if one is provided with information showing what the answer is, it may be possible to" | [08:12] |
Duffer1 | i thought i might be going somewhere with that but i care so little i'm having trouble even fini | [08:14] |
assbot | [MPEX] [S.MPOE] 12250 @ 0.0009083 = 11.1267 BTC [-] | [08:15] |
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pankkake | litecoin would need asics to survive, but it will not please litecoiners | [08:19] |
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ohider | doesn't asic allow people who have huge amounts of capital to make waves in the bitcoin environment | [08:22] |
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pankkake | what does that mean? | [08:22] |
ohider | asic costs a lot but you get a lot of bang for your buck | [08:22] |
asciilifeform | re: ltc/asics: 'you can run but you can't hide.' | [08:23] |
Duffer1 | the only ones making money on asics are the manufacturers | [08:23] |
ohider | if GE wants to kill bitcoin they could just buy a shit ton of asic technology and dominate it | [08:23] |
pankkake | gpus cost a lot too… (except of course that most litecoiners are 15 year olds who don't pay for gpus and electritiy) | [08:23] |
pankkake | if you want to "dominate" litecoin just rent botnets or supercomputers for a day | [08:24] |
Duffer1 | it would take the efforts of a major nation to attempt such an attack on bitcoin | [08:24] |
pankkake | asics just make attacks costlier | [08:24] |
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Duffer1 | it might even already be to late for them to produce something capable of it | [08:25] |
pankkake | well, with asics closer to industry standards, yes | [08:26] |
ohider | all you need to kill bitcoin is to create distrust in the people who believe in it | [08:28] |
ohider | the dreaded 51% attack would be one way of doing that | [08:28] |
ohider | how much would that cost | [08:28] |
Duffer1 | does not compute | [08:28] |
ohider | 100 million | [08:28] |
ohider | 200 million | [08:28] |
ohider | if bitcoin threatens fiat wouldn't that be a small price to pay to kill it | [08:30] |
pankkake | http://www.coinometrics.com/bitcoin/brix | [08:30] |
pankkake | they would have to kill it early - if they take interest when it's actually challenging, it's going to be much harder | [08:31] |
Duffer1 | that assumes any of the other 189 nations wouldn't work in proportional measure to protect it, let alone the x amount of bitcoiners who already have billions in it not acting to protect themselves | [08:31] |
Duffer1 | ^ @ ohider | [08:32] |
Duffer1 | there's a relevant trilema article on this somewhere | [08:33] |
pankkake | why would a state chose to use/protect bitcoin? (real question) | [08:33] |
Duffer1 | to spite a rival nation / state that wants to kill it | [08:34] |
ohider | if its bullet proof its a way to get off the USD | [08:34] |
pankkake | though I could see it. like kings who made their countries democracies to avoid being overthrown | [08:34] |
Duffer1 | if the US tried to kill bitcoin, i'd bitbet china would work to protect it | [08:34] |
Duffer1 | jsut because, fuck you | [08:34] |
Duffer1 | seriously | [08:35] |
Duffer1 | oh i didn't say it was bulletproof | [08:35] |
pankkake | i don't really believe in those politics. it has to make sense economically | [08:35] |
Duffer1 | it's manmade, so there's that against it already | [08:35] |
Duffer1 | ok maybe not china, but maybe putin wouldn't pass up such an opportunity to spit in the US' eye | [08:36] |
ohider | @ pankkake where does that figure come from in that coinmetrics | [08:37] |
pankkake | they explain it on the website | [08:38] |
Duffer1 | i like how the natural cost of mining equipment for bitcoin is included in the "Defense Spending" catagory | [08:39] |
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assbot | [HAVELOCK] [DEALCO] 1324 @ 0.00129336 = 1.7124 BTC [-] {11} | [08:44] |
pankkake | http://www.deepdotweb.com/2013/12/30/full-guide-how-to-access-i2p-sites-use-themarketplace-i2p/ so there's finally a working underground market on i2p! | [08:45] |
ozbot | Full guide: How to access I2p sites & Use TheMarketplace.i2p | Deep Dot Web | [08:45] |
pankkake | and they seem to use multisig transactions too | [08:46] |
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ohider | sweet | [08:49] |
assbot | [MPEX] [S.MPOE] 6000 @ 0.00090934 = 5.456 BTC [+] | [08:49] |
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assbot | [MPEX] [S.MPOE] 1550 @ 0.00090934 = 1.4095 BTC [+] | [09:01] |
assbot | [MPEX] [S.MPOE] 5200 @ 0.00091144 = 4.7395 BTC [+] | [09:02] |
* | smidge (~smiddel@HSI-KBW-134-3-254-11.hsi14.kabel-badenwuerttemberg.de) has joined #bitcoin-assets | [09:03] |
assbot | [MPEX] [S.MPOE] 12150 @ 0.0009083 = 11.0358 BTC [-] | [09:04] |
ohider | I'm trying to convince my roommate to get into bitcoin | [09:06] |
ohider | he doesn't want to but i know there's a breaking poit | [09:07] |
ohider | point* | [09:07] |
ohider | whats the best argument to go about this | [09:07] |
Duffer1 | it's the only shot your generation has at any wealth | [09:07] |
Duffer1 | take it or don't | [09:07] |
ohider | less idealistic | [09:08] |
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Duffer1 | ground investment in a platform and method of value transfer that has never existed before | [09:09] |
Duffer1 | ground floor investment* | [09:09] |
pankkake | why do you want to convince him? | [09:09] |
ohider | for xmas i gave 0.15 btc to everyone in my familye | [09:10] |
Duffer1 | good man | [09:10] |
ohider | I'm long on bitcoin | [09:10] |
pankkake | what were the reactions? | [09:10] |
ohider | so if it gets accepted and the price goes up, i make money | [09:11] |
ohider | my brother thinks I'm a crazy man | [09:11] |
ohider | my dad seconds that | [09:11] |
pankkake | the thing is, if you tell people to buy bitcoins, and they lose money… oops | [09:12] |
ohider | my little brother has no idea what it is | [09:12] |
ohider | but my mom thinks its the tits | [09:12] |
Duffer1 | it's a modern experiment their investment is directly funding science | [09:13] |
ohider | the best thing about it is now everyone has bitcoin | [09:13] |
ohider | if they want to cash it out | [09:14] |
ohider | they have to figure out how to | [09:14] |
Duffer1 | and disrupting economic / social theory | [09:14] |
ohider | so in a way they educate themselves about bitcoin | [09:14] |
Duffer1 | i'm kinda nearing the end of my list here, does your family support relatives overseas or own a business that accepts visa/mastercard/paypal? | [09:16] |
assbot | [HAVELOCK] [AM1] 1 @ 0.31001201 BTC [-] | [09:16] |
ohider | thats a negative ghost rider | [09:16] |
Duffer1 | ah so a rant on tx fees wouldn't sway them.. hmm | [09:17] |
assbot | [HAVELOCK] [PETA] 6 @ 0.04999999 = 0.3 BTC [+] {2} | [09:17] |
assbot | [HAVELOCK] [AM1] 4 @ 0.32424997 = 1.297 BTC [+] {3} | [09:17] |
ohider | whats tx fees | [09:18] |
assbot | [HAVELOCK] [AM1] 13 @ 0.32738461 = 4.256 BTC [+] {3} | [09:18] |
Duffer1 | transaction fees | [09:19] |
ohider | ah | [09:19] |
Duffer1 | bitcoin payments bypass usurious paypal/mastercard/visa/western union processing fees etc | [09:20] |
Duffer1 | so if they had a business and could get their customers to pay then in btc, they'd save a ton of money | [09:20] |
assbot | [HAVELOCK] [AM1] 5 @ 0.325 = 1.625 BTC [-] {2} | [09:21] |
assbot | [HAVELOCK] [PETA] 10 @ 0.04999999 = 0.5 BTC [+] {2} | [09:22] |
Duffer1 | what arguments have you tried? | [09:23] |
assbot | [MPEX] [S.MPOE] 15361 @ 0.00090789 = 13.9461 BTC [-] {2} | [09:23] |
assbot | [HAVELOCK] [PETA] 3 @ 0.05 = 0.15 BTC [+] {3} | [09:24] |
assbot | [HAVELOCK] [AM1] 3 @ 0.326 = 0.978 BTC [+] | [09:24] |
assbot | [HAVELOCK] [PETA] 6 @ 0.05 = 0.3 BTC [+] {2} | [09:25] |
assbot | [MPEX] [S.MPOE] 3142 @ 0.00090741 = 2.8511 BTC [-] | [09:26] |
ohider | roomate won't accept it | [09:30] |
ohider | he refuses on the basis that he just doesn't want it | [09:30] |
assbot | [MPEX] [S.MPOE] 1297 @ 0.00090741 = 1.1769 BTC [-] | [09:30] |
Duffer1 | he may be right not to | [09:31] |
ohider | my argument is that there is nothing to lose | [09:31] |
Duffer1 | oh wait you're trying to give him .1 and he doesn't want it? | [09:31] |
assbot | [MPEX] [S.MPOE] 14143 @ 0.00090592 = 12.8124 BTC [-] {2} | [09:31] |
ohider | i want to propagate bitcoin and am willing to send him 0.01 btc | [09:32] |
Duffer1 | oh | [09:32] |
ohider | se la ve | [09:33] |
pankkake | wait, he has nothing to lose? | [09:33] |
pankkake | of course he has | [09:34] |
assbot | [MPEX] [S.MPOE] 6850 @ 0.00090583 = 6.2049 BTC [-] | [09:34] |
pankkake | unless it's free bitcoins well… | [09:34] |
ohider | what is there to lose for getting a wallet and accepting free bitcoin | [09:34] |
ohider | fuck it I'm in a giving mood first address i see gets 0.01 btc | [09:35] |
Duffer1 | 1JWUtyUEVauc2so2Pb2mF4XjsfcdvXYczB | [09:35] |
mircea_popescu | [09:36] | |
ohider | boom | [09:36] |
mircea_popescu | and who are you anyway ? | [09:36] |
pankkake | I missed the "buy" part - if you want to 51% attack, you will never get enough by just buying | [09:37] |
Duffer1 | thank you that is very much appreciated ohider | [09:37] |
ohider | http://www.peoplesfix.com | [09:39] |
ohider | my buddies website he needs some advertisement | [09:39] |
mircea_popescu | so what's your website ? | [09:43] |
ohider | boco.bit | [09:43] |
ohider | i'm still at the developing stage though | [09:44] |
ohider | need some help | [09:44] |
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Duffer1 | i don't think i read exactly what it was you wanted to do with the site | [09:45] |
ohider | students post their work along with a bitcoin address | [09:46] |
Duffer1 | essays and homework i'm assuming? | [09:46] |
ohider | if its good people will donate | [09:46] |
ohider | whatever they feel confident in | [09:46] |
Duffer1 | ah | [09:46] |
ohider | if people are willing to tip fellow redditors for three sentence posts, whats the value of a dynamite research paper | [09:47] |
mircea_popescu | did you do your research to know what % of students can access .bit domains ? | [09:48] |
ohider | namecoin is in its infancy | [09:48] |
ohider | i bought 5 or 6 domain names | [09:48] |
BingoBoingo | ohider: Namecoin is a 4 year old infant then... | [09:49] |
mircea_popescu | no, you are in your infancy. namecoin has been in its infancy since at least 2011 | [09:49] |
ohider | what .bit site do you frequent | [09:49] |
mircea_popescu | when i first bought some domains that i never bothered develop. | [09:49] |
pankkake | I'm a fan of namecoin and I can't even access it | [09:49] |
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pankkake | oh, well, it really resolves to 10.0.0.7 - so there's nothing? | [09:50] |
mircea_popescu | anyway, the research papers online model chiefly works on the basis of their vast database of already submitted papers which they own and don't pay the authors for [anymore]. unless you have 1000s of works of already stale material it'll be a tough nut to crack. | [09:50] |
ohider | the idea of some company buying the domain name you squated on is a pipe dream | [09:50] |
mircea_popescu | ohider they were my trademarks. | [09:50] |
Duffer1 | there's a trilema.bit? | [09:51] |
mircea_popescu | notrly. | [09:51] |
Duffer1 | brb | [09:51] |
mircea_popescu | cause... why bother./ | [09:51] |
Duffer1 | j/k | [09:51] |
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ohider | so my brother goes to a really good art school | [09:52] |
ohider | what if students could put up there art work | [09:52] |
Duffer1 | deviantart + bitcointip | [09:52] |
ohider | if you want to print a poster to put on your wall | [09:53] |
ohider | what would you pay for that artwork | [09:53] |
ohider | 0.001 btc? | [09:53] |
ohider | 0.0001 btc? | [09:53] |
mircea_popescu | how are you going to steal deviantart's fanbase ? | [09:54] |
ohider | whats his site | [09:54] |
Duffer1 | deviantart | [09:54] |
BingoBoingo | How are you going to compete with actual printed works from nubbins' who is already in the WOT? | [09:54] |
mircea_popescu | lol | [09:55] |
Duffer1 | does nubs screenprint everything? i thought he just did his own designs | [09:55] |
mircea_popescu | presumably nubbins is only one person so he can get overloaded | [09:55] |
BingoBoingo | I imagine eventually nubs could move to the sweatshop model | [09:56] |
Duffer1 | ohider i don't think there's a bitcoin tip function for deviantart, but if a website like deviantart started accepting bitcointip and it became popular, deviantart would just add it and you'd be s.o.l. | [09:57] |
Duffer1 | same with etsy | [09:57] |
mircea_popescu | i thought etsy took btc | [09:57] |
ohider | it may be idealist but i think that there is value in academic work | [09:57] |
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Duffer1 | do they? it's been a while since i've been shopping | [09:58] |
mircea_popescu | i dont think i ever shoip there but i recall some pretty nude young thing telling me she got some btc from selling her artwork | [09:58] |
Duffer1 | i think you're right, i just don't see how you'll be able to monetize | [09:58] |
mircea_popescu | mebbe im confusing them | [09:58] |
ohider | dude look at bitcoin tip on reddit | [09:58] |
Duffer1 | http://www.etsy.com/teams/10366/bitcoin cool | [09:59] |
ozbot | Bitcoin - Etsy Teams | [09:59] |
mircea_popescu | yah, speaking of which, do you have global figures of the reddit tip thing ? what's monthly total ? | [09:59] |
ohider | so i can get 0.001 btc for writing some shit on a blog | [09:59] |
Duffer1 | right but what i'm asking is how do you make your money? would you take a % of the tip? | [10:00] |
Duffer1 | i'm pretty sure reddittip doesn't do that | [10:00] |
ohider | at first I'm not making money | [10:01] |
ohider | i want my site to be exclusive to the university that i go to | [10:01] |
ohider | it will be a site that only students can register accounts on but anyone can view/donate | [10:01] |
ohider | i don't want to reinvent the wheel but it will be a craigslist/kickstart for anything college kids want | [10:02] |
ohider | funding for a party | [10:02] |
BingoBoingo | ohider: First I'd want to know what university... The wrong one could kill this whole thing at the start | [10:03] |
ohider | funding for a school group or organization | [10:03] |
ohider | funding for some killer architecture model you designed | [10:03] |
assbot | [MPEX] [S.MPOE] 1200 @ 0.00090721 = 1.0887 BTC [+] | [10:04] |
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Duffer1 | a bitcoin crowdsourcing site that's also a craigslist like marketplace for anything? | [10:05] |
ohider | exactly | [10:05] |
ohider | but it can't be shady | [10:05] |
assbot | [MPEX] [S.MPOE] 16524 @ 0.00091151 = 15.0618 BTC [+] {2} | [10:05] |
ohider | it has to be on the furnace above board | [10:05] |
Duffer1 | if users are free to list whatever they went then you'll have to actively police the listings | [10:05] |
ohider | surface* | [10:06] |
ohider | say I'm a seller selling custom t shirts | [10:07] |
assbot | [HAVELOCK] [AM1] 2 @ 0.32 = 0.64 BTC [-] | [10:07] |
BingoBoingo | ;;ident ohider | [10:07] |
gribble | Nick 'ohider', with hostmask 'ohider!43be67b6@gateway/web/freenode/ip.67.190.103.182', is not identified. | [10:07] |
ohider | i post my ad for these shirts and say hey, heres my bit message address i don't want to discuss financials over email or phone. | [10:08] |
ohider | i might be selling t shirts or i might be selling contraband | [10:08] |
ohider | on my side, the t shirt business is legit legal | [10:09] |
ohider | so im not worried about what sellers are actually selling | [10:09] |
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ohider | just give them the means through bitcoin. bit message to do whatever they wabt | [10:09] |
ohider | want* | [10:09] |
Duffer1 | with each of the platforms you're talking about using, you're adding another hurdle for joeshmo customer | [10:09] |
Duffer1 | .bit first bit message second | [10:10] |
ohider | if joeshmo user wants to buy an 8ball | [10:10] |
BingoBoingo | And all of these platforms for some tiny consumer use | [10:10] |
ohider | they will figure it out | [10:10] |
Duffer1 | your target market just doesn't exist man | [10:12] |
ohider | silk road | [10:12] |
Duffer1 | they'd have to 1 - know about and use bitcoin and special handling for .bit domains, 2 - will have to exist at your school exclusively, 3 - understand bitmessage communication, 4 - do drugs | [10:13] |
Duffer1 | silk road was just bitcoin and tor | [10:14] |
Duffer1 | and was worldwide | [10:15] |
ohider | theres a feeling of being "in" when your privy to ways of getting illegal shit | [10:15] |
ohider | im not loping for a huge consumer base | [10:15] |
ohider | looking* | [10:15] |
ohider | just those kids who are willing to do the work | [10:16] |
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mircea_popescu | how old are you ? | [10:21] |
ohider | college aged | [10:22] |
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mircea_popescu | well, that feeling of being in has a way of turning into a reality of being in. | [10:22] |
* | Now talking on #bitcoin-assets | [10:25] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading | [10:25] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 | [10:25] |
mircea_popescu | for instance, the silkroad kid they caught by discovering that he came here going "hey guise, how would someone make like a bitcoin tor craigslist" | [10:26] |
mircea_popescu | or at least so they said. | [10:26] |
Duffer1 | i think a bitcoin based localized community market is a great idea, maybe not so profitable but still something i think people would use | [10:27] |
mircea_popescu | except college kids rarely are part of the local community | [10:28] |
Duffer1 | but to take that one step further into facilitating drug trade, i don't believe you're ready to hide from the awesome and terrifying might of the usgov | [10:28] |
mircea_popescu | they're there to go to college. | [10:28] |
mircea_popescu | sort-of like us soldiers in vietnam | [10:28] |
ohider | im not initially worried about making money with the marketplace | [10:28] |
ohider | if something has value there are ways of making money off it | [10:29] |
ohider | look up how craigslist makes money | [10:29] |
Duffer1 | certainly but is the risk an par with the reward | [10:29] |
ohider | the guy is a fucking genius / billionaire | [10:29] |
Duffer1 | on par* | [10:29] |
Duffer1 | you risk 20+ years in prison for x amount of cash | [10:30] |
mircea_popescu | a) the craigslist guy isn't a billionaire ; b) i am. | [10:30] |
ohider | ha right | [10:30] |
mircea_popescu | im gonna print these out for when i'm old. just too good stuff. | [10:30] |
BingoBoingo | ohider: Seems like it's time for you to register with Gribble and get to reading | [10:31] |
mircea_popescu | not to imply there's anything wrong with mr newark. | [10:32] |
ohider | whats gribble | [10:32] |
Duffer1 | ;;google gribble bot | [10:32] |
gribble | SourceForge.net: gribble: |
[10:32] |
BingoBoingo | ohider: Or mayb flip the order of reading and registering aroud | [10:33] |
ohider | 404 | [10:33] |
Duffer1 | try the bitcoin-otc link, that'll have web of trust, otc, gribble etc | [10:33] |
BingoBoingo | That last link http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc is the more important one | [10:34] |
mircea_popescu | incredible how often that is said about google these days | [10:38] |
ohider | i need to setup a safe email | [10:46] |
ohider | is there such a thing? | [10:46] |
assbot | [HAVELOCK] [AM100] 41 @ 0.0031849 = 0.1306 BTC [+] | [10:47] |
BingoBoingo | ohider: GPG can keep contents safe, but you'll still leave metadata around. | [10:47] |
BingoBoingo | Completely safe untraceable email isn't a thing. You need to worry more about protecting messages than trying to protect the channel. | [10:49] |
ohider | what about bitmessage | [10:50] |
BingoBoingo | Dunno that bitmessage is too worth looking into, there seems to be some vulnerabilities associated with how it works | [10:51] |
BingoBoingo | http://bitslog.wordpress.com/2012/11/30/bitmessage-completely-broken-crypto/ | [10:52] |
ozbot | Bitmessage v1.0: completely broken crypto | bitslog | [10:52] |
ohider | @mircea_popecsu are you the real dude | [11:00] |
Duffer1 | ;;gpg ident mircea_popescu | [11:00] |
gribble | Nick 'mircea_popescu', with hostmask 'mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu', is not identified. | [11:00] |
Duffer1 | based on the replies you got i'd say it's probably not a nick squater :P | [11:02] |
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ohider | ok I'm out stay tuned boco.bit will be up this month | [11:06] |
Duffer1 | good luck man :) | [11:06] |
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assbot | [MPEX] [S.MPOE] 13400 @ 0.00091151 = 12.2142 BTC [+] | [11:11] |
mircea_popescu | yes, i'm the real dude. | [11:16] |
assbot | [MPEX] [S.MPOE] 11486 @ 0.00091159 = 10.4705 BTC [+] {3} | [11:19] |
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assbot | [MPEX] [S.MPOE] 3050 @ 0.00091074 = 2.7778 BTC [-] | [11:28] |
assbot | [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC | [11:42] |
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assbot | [HAVELOCK] [SFI] 1500 @ 0.001 = 1.5 BTC | [11:45] |
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assbot | [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC | [11:49] |
assbot | [MPEX] [S.MPOE] 5600 @ 0.00091182 = 5.1062 BTC [+] {3} | [11:50] |
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assbot | [MPEX] [S.MPOE] 1500 @ 0.00091074 = 1.3661 BTC [-] | [11:51] |
assbot | [MPEX] [S.MPOE] 4000 @ 0.00090964 = 3.6386 BTC [-] | [11:52] |
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assbot | [MPEX] [S.MPOE] 5533 @ 0.00091233 = 5.0479 BTC [+] {3} | [12:02] |
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assbot | [MPEX] [S.MPOE] 6700 @ 0.00091313 = 6.118 BTC [+] | [12:13] |
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assbot | [HAVELOCK] [DEALCO] 100 @ 0.0014996 = 0.15 BTC [+] | [12:37] |
assbot | [HAVELOCK] [PETA] 10 @ 0.05 = 0.5 BTC [+] | [12:38] |
assbot | [HAVELOCK] [AM100] 36 @ 0.0030911 = 0.1113 BTC [-] | [12:42] |
assbot | [HAVELOCK] [PETA] 6 @ 0.05 = 0.3 BTC [+] | [12:42] |
benkay | regarding the recent Bloomberg piece: http://cascadianhacker.com/blog/2014/01/02_the-mad-mad-mad-mad-mr-mihm.html | [12:50] |
assbot | [HAVELOCK] [SFI] 226 @ 0.001 = 0.226 BTC | [12:51] |
Duffer1 | that article ws pretty low hanging fruit | [12:51] |
benkay | my fruits hang pretty low as well | [12:53] |
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pankkake | cascadia: first province of the cryptostate | [12:55] |
pankkake | lol | [12:55] |
benkay | gotta give the hipsters something to chew on | [12:56] |
pankkake | no RSS feed? | [12:56] |
pankkake | found it http://cascadianhacker.com/index.xml | [12:57] |
assbot | [MPEX] [S.MPOE] 25950 @ 0.00090956 = 23.6031 BTC [-] {3} | [12:58] |
benkay | what rss reader do you use, pankkake | [13:00] |
benkay | ? | [13:00] |
pankkake | tt-rss | [13:03] |
pankkake | with newsbeuter | [13:03] |
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Duffer1 | http://www.reddit.com/r/photoshopbattles/comments/1u6jbm/first_guy_to_buy_legal_nonmedical_marijuana_in/ | [13:07] |
Duffer1 | hate all you want, reddit still delivers | [13:07] |
benkay | quality of us "journalism" has declined to the point where the journos are now the story and the story is a picture | [13:09] |
Duffer1 | i like pictures | [13:09] |
benkay | come march i'll be able to bike across the bridge and get my ganj on in the free market too. | [13:10] |
Duffer1 | might even be able to pay btc for it too | [13:12] |
benkay | and why would i do that now!? | [13:13] |
Duffer1 | smart man | [13:13] |
assbot | [MPEX] [S.MPOE] 10200 @ 0.0009105 = 9.2871 BTC [+] {2} | [13:13] |
benkay | thanks for the post idea: bitcoins aren't for spending. stop being retarded, silicon valley. | [13:13] |
Duffer1 | i dunno man, people still need to treat it as a currency to some degree | [13:14] |
Duffer1 | if everyone just held then it would be a pure speculation vehicle for fiat and not much else | [13:15] |
Duffer1 | was that mihm article yours benkay? | [13:16] |
kakobrekla | Decembers result for Panacea: +0.42% | [13:17] |
benkay | "to some degree" can be all sorts of things: international transfers, intergenerational transfers, highly obscured transfers, uninterdictable transfers | [13:17] |
benkay | some day it'll be useful in day-to-day shit | [13:18] |
assbot | [HAVELOCK] [AM100] 45 @ 0.00318659 = 0.1434 BTC [+] {2} | [13:18] |
benkay | not now. not for ten years, likely as not. and maybe even local fiat is more useful at that point, and those who are lucky enough to hold butts will transfer in and out of local fiat scrip as appropriate for their cashflow needs. | [13:18] |
benkay | mircea_popescu has an article about deflationary currencies around somewhere. | [13:19] |
benkay | Duffer1: yes, that's mine. | [13:19] |
Duffer1 | ah | [13:19] |
benkay | you'll note the link to my otc profile at the bottom of the page. | [13:19] |
Duffer1 | oh missed that | [13:19] |
KRS|Gotyawallet | is it worth looking at otc for good buys or mostly market price? | [13:20] |
benkay | what is a good buy? | [13:20] |
KRS|Gotyawallet | below market price? | [13:20] |
benkay | a good price for a tiny amount of butts, or a clean transaction that keeps your name out of the dirt? | [13:21] |
KRS|Gotyawallet | oh i see umm i'm not sure what you mean about the second part | [13:21] |
benkay | some people don't really feel like going through the AML/KYC rectal analysis. | [13:22] |
benkay | or whatever the eurobutt equivalent is. | [13:22] |
KRS|Gotyawallet | ok i was starting to think along those lines- gotcha. | [13:22] |
KRS|Gotyawallet | i think its worth looking at then-for sure thanks | [13:23] |
benkay | mp says these things and everyone's like "u crazy romanian: | [13:24] |
benkay | stfu" | [13:24] |
KRS|Gotyawallet | haha | [13:26] |
benkay | i suppose he leaves the whys and wherefores to the low hanging fruits | [13:26] |
KRS|Gotyawallet | i'm not understanding sturles pricing..weird. wonder if he's quoting pesos | [13:27] |
KRS|Gotyawallet | looking for a good deal for say $10K | [13:28] |
KRS|Gotyawallet | usd | [13:28] |
benkay | firing up an #otc reputation a few months ago and ramping up your trades looks like a real good idea in retrospect, doesn't it? | [13:28] |
KRS|Gotyawallet | yes sir | [13:29] |
KRS|Gotyawallet | i lost my damn gpg identity | [13:30] |
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Duffer1 | rather unfortunate username for that plan though man | [13:30] |
KRS|Gotyawallet | damn you aint kidding | [13:30] |
Duffer1 | i cringe everytime i see thick-as-thieves | [13:30] |
KRS|Gotyawallet | theres another KRS so I was going to slowly change over..thanks for making me realize this. | [13:30] |
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Duffer1 | bro take a second to say that outloud :) | [13:31] |
KRS|Gotyawallet | Duffer1: I never understood that about TaT and considering what he does | [13:31] |
Duffer1 | ya hehe | [13:31] |
* | KRS|Gotyawallet is now known as KRS1 | [13:31] |
benkay | we're all prisoners of our past decisions. | [13:31] |
KRS1 | heh thanks | [13:31] |
KRS1 | no matter how old i get i never seem to have enough foresight | [13:32] |
Duffer1 | ya no doubt | [13:34] |
benkay | foreskin, though... | [13:35] |
assbot | [MPEX] [S.MPOE] 7550 @ 0.00091052 = 6.8744 BTC [+] | [13:38] |
mircea_popescu | kinda low hanging, kinda not put the effort into doing the whole job, either. | [13:47] |
mircea_popescu | you can be sloppy and genius, you can be trite and thorough. | [13:47] |
mircea_popescu | there's no sloppy and trite prize | [13:47] |
assbot | [MPEX] [S.MPOE] 1750 @ 0.0009108 = 1.5939 BTC [+] | [13:48] |
mircea_popescu | ;;seen ThickAsThieves | [13:48] |
gribble | ThickAsThieves was last seen in #bitcoin-assets 1 day, 18 hours, 8 minutes, and 41 seconds ago: |
[13:48] |
mircea_popescu | no new year's in thieves' land | [13:48] |
assbot | [MPEX] [S.MPOE] 47327 @ 0.00091379 = 43.2469 BTC [+] {8} | [13:49] |
Duffer1 | ah i didn't mean ben's article, i meant the bloomberg one | [13:49] |
Duffer1 | easy to pick on | [13:49] |
mircea_popescu | wait. benkay now has a blog ? | [13:50] |
Duffer1 | apparently hehe | [13:50] |
mircea_popescu | lol cool. | [13:50] |
mircea_popescu | now we can tell him his blog sucks all the time | [13:50] |
Duffer1 | i'll wait till he starts charging for it, then say it sucks so i can get cheaper price | [13:51] |
mircea_popescu | lol | [13:51] |
mircea_popescu | anyway, bekay : more data less opinion. opinions are like assholes, everyone's got one. data is like cunt, everyone needs some. | [13:51] |
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mircea_popescu | aww didn't mean to hurt his feelers ;/ | [13:52] |
Duffer1 | hehe | [13:52] |
KRS1 | ;;gettrust KRS1 | [14:02] |
gribble | Currently authenticated from hostmask KRS1!~userid@c-50-143-86-143.hsd1.fl.comcast.net. Trust relationship from user KRS1 to user KRS1: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=KRS1&dest=KRS1 | WoT data: http://b-otc.com/vrd?nick=KRS1 | Rated since: never | [14:02] |
KRS1 | hate starting over | [14:03] |
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KRS1 | Ah sunrise here on the US east coast. Gonna go enjoy the fresh air with a cigarette. | [14:04] |
assbot | [HAVELOCK] [SFI] 502 @ 0.001 = 0.502 BTC | [14:04] |
assbot | [HAVELOCK] [AM1] 1 @ 0.32 BTC [-] | [14:08] |
assbot | [HAVELOCK] [AM100] 65 @ 0.00319659 = 0.2078 BTC [-] {2} | [14:09] |
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assbot | [MPEX] [S.MPOE] 10636 @ 0.00091041 = 9.6831 BTC [-] {2} | [14:34] |
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assbot | [MPEX] [S.MPOE] 7500 @ 0.00091177 = 6.8383 BTC [+] | [14:57] |
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assbot | [MPEX] [S.MPOE] 954 @ 0.00091177 = 0.8698 BTC [+] | [15:02] |
assbot | [HAVELOCK] [PETA] 74 @ 0.05 = 3.7 BTC [+] | [15:04] |
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assbot | [HAVELOCK] [PETA] 700 @ 0.05 = 35 BTC [+] | [15:29] |
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assbot | [HAVELOCK] [PETA] 10 @ 0.05 = 0.5 BTC [+] | [15:59] |
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assbot | [MPEX] [S.MPOE] 10335 @ 0.00091394 = 9.4456 BTC [+] | [16:11] |
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assbot | [MPEX] [S.MPOE] 15707 @ 0.00091163 = 14.319 BTC [-] {3} | [16:28] |
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assbot | [MPEX] [S.MPOE] 14200 @ 0.00091426 = 12.9825 BTC [+] {2} | [16:59] |
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zacm | are we all ready for the morph into govcoin? https://pay.reddit.com/r/Bitcoin/comments/1u89qv/why_the_nsa_revelations_make_me_worried_about_the/ | [17:33] |
pankkake | https://bitcointalk.org/index.php?topic=395757.0 | [17:33] |
assbot | [MPEX] [S.MPOE] 2300 @ 0.00091069 = 2.0946 BTC [-] {2} | [17:34] |
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mircea_popescu | dude, some shit made some redditard worried ? | [17:40] |
mircea_popescu | this is news. | [17:40] |
jcpham | all my boxen were rooted when i got to work | [17:44] |
jcpham | new year's hax | [17:44] |
assbot | [MPEX] [S.MPOE] 9450 @ 0.00091028 = 8.6021 BTC [-] {2} | [17:44] |
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assbot | [MPEX] [S.MPOE] 5550 @ 0.00091167 = 5.0598 BTC [+] | [17:51] |
b0n1 | someone here having some insight informations about black arrows prospero x-3 asics? | [17:51] |
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assbot | [HAVELOCK] [PETA] 288 @ 0.05 = 14.4 BTC [+] | [17:54] |
assbot | [HAVELOCK] [PETA] 1444 @ 0.05 = 72.2 BTC [+] | [17:56] |
assbot | [HAVELOCK] [KCIM] 50 @ 0.00324 = 0.162 BTC [+] | [17:57] |
mircea_popescu | b0n1 you mean whether they'l;l be delayed ? | [17:57] |
assbot | [HAVELOCK] [SFI] 170 @ 0.001 = 0.17 BTC | [17:58] |
assbot | [HAVELOCK] [7C] 70 @ 0.0037 = 0.259 BTC [-] {3} | [18:00] |
assbot | [HAVELOCK] [SFI] 9990 @ 0.001 = 9.99 BTC | [18:02] |
asciilifeform | http://complex.foreignpolicy.com/posts/2013/12/24/power-station-military-assault | [18:02] |
ozbot | 'Military-Style' Raid on California Power Station Spooks U.S. | [18:02] |
assbot | [MPEX] [S.MPOE] 14059 @ 0.00091445 = 12.8563 BTC [+] {2} | [18:09] |
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assbot | [MPEX] [S.MPOE] 34691 @ 0.00091567 = 31.7655 BTC [+] {4} | [18:10] |
* | ericmuyser (~ericmuyse@184.151.231.101) has joined #bitcoin-assets | [18:11] |
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assbot | [MPEX] [S.MPOE] 6961 @ 0.00091639 = 6.379 BTC [+] {2} | [18:16] |
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assbot | [MPEX] [S.MPOE] 34139 @ 0.00091683 = 31.2997 BTC [+] {4} | [18:17] |
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assbot | [HAVELOCK] [CBTC] 3340 @ 0.000093 = 0.3106 BTC [-] | [18:26] |
assbot | [HAVELOCK] [PETA] 4 @ 0.05 = 0.2 BTC [+] | [18:26] |
assbot | [HAVELOCK] [PETA] 3 @ 0.05 = 0.15 BTC [+] | [18:29] |
* | Riva59 (~Riva59@ip-5-146-156-65.unitymediagroup.de) has joined #bitcoin-assets | [18:30] |
assbot | [HAVELOCK] [HMF] 11 @ 0.02200001 = 0.242 BTC [-] {2} | [18:33] |
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assbot | [HAVELOCK] [AM1] 70 @ 0.34161341 = 23.9129 BTC [+] {8} | [18:34] |
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assbot | [HAVELOCK] [AM1] 3 @ 0.34799999 = 1.044 BTC [+] | [18:44] |
assbot | [MPEX] [S.MPOE] 6166 @ 0.00091719 = 5.6554 BTC [+] | [18:44] |
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assbot | [HAVELOCK] [AM1] 1 @ 0.34799999 BTC [+] | [19:01] |
assbot | [MPEX] [S.MPOE] 17050 @ 0.00091584 = 15.6151 BTC [-] | [19:04] |
assbot | [MPEX] [S.MPOE] 12950 @ 0.00091262 = 11.8184 BTC [-] {2} | [19:26] |
assbot | [MPEX] [S.MPOE] 350 @ 0.00091017 = 0.3186 BTC [-] | [19:27] |
assbot | [HAVELOCK] [SFI] 128 @ 0.001 = 0.128 BTC | [19:37] |
assbot | [HAVELOCK] [AM1] 3 @ 0.34833333 = 1.045 BTC [+] {3} | [19:38] |
assbot | [HAVELOCK] [PETA] 10 @ 0.04911104 = 0.4911 BTC [-] {3} | [19:40] |
assbot | [HAVELOCK] [HMF] 50 @ 0.021016 = 1.0508 BTC [-] {5} | [19:41] |
jurov | http://www.reddit.com/r/Bitcoin/comments/1u8c0r/if_you_own_3000_or_more_btc_wall_street_wants/ someone needs to send these people to #assets | [19:45] |
jurov | although, i'm not sure wallst. babies would survive here :D | [19:46] |
ozbot | If you own 3000 or more BTC, Wall Street wants your advice : Bitcoin | [19:46] |
mircea_popescu | herpderp. | [19:48] |
mircea_popescu | it'd be really hard to say "My name is Joe Schmoe and I've been working WS for 20 years" | [19:49] |
mircea_popescu | it has to be anon. because people with actual jobs and actual histories behave exactly like redditards. it's redditrule. | [19:50] |
mircea_popescu | i'm sure if bill gates introduces himself it's never "Hi, I'm Bill Gates, I used to own Microsoft". It's definitely "Hi I'm passionate about lasagna and I have a 20 year career in like computer stuff and such." | [19:51] |
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jurov | and to valiantly fight cancer and aids | [19:54] |
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jurov | http://www.businessinsider.com/a-celebrity-will-launch-their-own-coin-in-2014-2014-1 would this be acceptable on bitbet? | [19:56] |
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jurov | it prolly needs to name the celebs | [19:58] |
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jurov | aka "either kanye west or justin bieber will start altcoinz" | [19:58] |
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jurov | lol too much for ozbot? | [19:59] |
mircea_popescu | well at least identify the class. | [19:59] |
mircea_popescu | "anyone with a platinum record" | [19:59] |
mircea_popescu | "anyone with an oscar" | [19:59] |
mircea_popescu | etc | [19:59] |
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jurov | mhm | [19:59] |
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pankkake | what about dr. dre? | [20:00] |
mircea_popescu | course the problem will be some redditard will start a dr dre coin | [20:00] |
mircea_popescu | and well... it's unlikely he'll get sued or anyone will actually care. | [20:01] |
jurov | if must be officially endorsed by said celeb | [20:01] |
pankkake | some retard started a bernanke coin so | [20:01] |
pankkake | and it has serious hashpower | [20:01] |
mircea_popescu | such as they make a twitter reply going "That;s hot" in responmse to the guy's @ ? | [20:01] |
mircea_popescu | basically the problem of postmodernism is that words don't mean anything anymore ;/. | [20:02] |
mircea_popescu | attempting to put them to some useful purpose is not much unlike trying to put computers to some useful purpose | [20:02] |
mircea_popescu | as computers also long ceased doing anything particular, like say math. | [20:03] |
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mircea_popescu | i guess i should start my own brand of buttermilk | [20:04] |
jurov | http://www.forbes.com/celebrities/list/ seems useable for this | [20:04] |
assbot | [HAVELOCK] [AM1] 5 @ 0.349 = 1.745 BTC [+] {2} | [20:05] |
jurov | the celebrity could create value for the currency by selling tickets in that currency << Ha. This needs to happen. | [20:06] |
mircea_popescu | heh | [20:08] |
mircea_popescu | as if sales aren't depressed enough | [20:08] |
mircea_popescu | without adding absurd barriers | [20:08] |
assbot | [HAVELOCK] [CBTC] 3000 @ 0.0000988 = 0.2964 BTC [+] | [20:09] |
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assbot | [HAVELOCK] [AM1] 10 @ 0.34899999 = 3.49 BTC [-] {2} | [20:15] |
assbot | [HAVELOCK] [NEOBEE] 134 @ 0.00290003 = 0.3886 BTC [-] {2} | [20:15] |
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mircea_popescu | lol the guy actually edited his reddit thing to include his name | [20:16] |
mircea_popescu | well, so i guess it's time someone tells him about how the unclueless WS has been on assets all this time. | [20:17] |
mircea_popescu | and he's welcome to join etc | [20:17] |
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assbot | [MPEX] [S.MPOE] 16450 @ 0.00090979 = 14.966 BTC [-] {3} | [20:19] |
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mike_c | what would you get in rent for that? | [20:25] |
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assbot | [HAVELOCK] [SFI] 1500 @ 0.001 = 1.5 BTC | [20:37] |
mike_c | which is well above what a mortgage payment would cost. craziness. | [20:40] |
asciilifeform | mike_c: where's the surprise? slaves get their food cheaper (free!) than free men | [20:41] |
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mike_c | i am surprised that there is such a group of people that are qualified to rent a home for $700 a month but can't get a $70k mortgage. seems depressing, but I guess there are much worse things in the world. | [20:43] |
mike_c | that's not realistic. would need to get money to fix it up | [20:44] |
mike_c | more like 550 probably | [20:44] |
assbot | [MPEX] [S.MPOE] 5086 @ 0.0009094 = 4.6252 BTC [-] | [20:44] |
asciilifeform | mike_c: all you need to rent for 700 is 700x1 or 2 (security deposit) | [20:47] |
mike_c | and a landlord who will take you. i guess if you're in the business of quick evictions you don't worry about reliability much. turnover is a bitch though. | [20:48] |
mike_c | was that for the record? ;) | [20:48] |
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assbot | [MPEX] [S.MPOE] 13200 @ 0.0009094 = 12.0041 BTC [-] | [20:53] |
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assbot | [HAVELOCK] [NEOBEE] 39 @ 0.0028891 = 0.1127 BTC [-] {2} | [21:03] |
assbot | [HAVELOCK] [NEOBEE] 116 @ 0.00287205 = 0.3332 BTC [-] {4} | [21:04] |
nubbins` | lel | [21:04] |
nubbins` | pretty crazy scorch marks on the walls | [21:04] |
nubbins` | from the heaters :0 | [21:04] |
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assbot | [HAVELOCK] [PETA] 3 @ 0.04999999 = 0.15 BTC [+] | [21:06] |
assbot | [HAVELOCK] [AM1] 7 @ 0.34985713 = 2.449 BTC [+] {4} | [21:06] |
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nubbins` | yeah, i'm just surprised to see it | [21:09] |
nubbins` | guess it's more the wallpaper than anything | [21:10] |
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westblc | !help | [21:11] |
assbot | List of commands: | [21:11] |
assbot | !ticker |
[21:11] |
assbot | !last |
[21:11] |
assbot | !mp |
[21:11] |
assbot | !rules |
[21:11] |
assbot | !exchanges |
[21:11] |
assbot | !jd (desc: returns relevant stats from https://just-dice.com) | [21:11] |
assbot | !bash
|
[21:11] |
assbot | !quote
|
[21:11] |
assbot | [MPEX] [S.MPOE] 191 @ 0.0009094 = 0.1737 BTC [-] | [21:12] |
westblc | !ticker MPEX BTC | [21:12] |
assbot | Quest for vision is a great blessing. | [21:12] |
westblc | !ticker MPEX LTC | [21:12] |
assbot | I haven't understood a single word you've said since I met you, not one single word. | [21:12] |
mircea_popescu | !t m s.mpoe | [21:12] |
assbot | [MPEX:S.MPOE] 1D: 0.00090583 / 0.000913 / 0.00092376 (946189 shares, 863.87 BTC), 7D: 0.0007653 / 0.00087744 / 0.00092376 (5331526 shares, 4,678.14 BTC), 30D: 0.00062972 / 0.00087587 / 0.00092376 (19902934 shares, 17,432.58 BTC) | [21:12] |
assbot | [MPEX] [S.MPOE] 4936 @ 0.00090858 = 4.4848 BTC [-] {2} | [21:13] |
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assbot | [MPEX] [S.MPOE] 5746 @ 0.00090847 = 5.2201 BTC [-] | [21:37] |
assbot | [HAVELOCK] [DEALCO] 90 @ 0.001899 = 0.1709 BTC [+] | [21:38] |
assbot | [HAVELOCK] [CBTC] 5000 @ 0.0000988 = 0.494 BTC [+] | [21:42] |
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assbot | [MPEX] [S.MPOE] 11350 @ 0.00091135 = 10.3438 BTC [+] {2} | [21:54] |
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assbot | [HAVELOCK] [AM100] 199 @ 0.00320431 = 0.6377 BTC [+] {6} | [22:04] |
* | kleeck0 (~kleeck2@12.236.197.93) has left #bitcoin-assets ("Leaving") | [22:04] |
assbot | [HAVELOCK] [AM100] 754 @ 0.00327973 = 2.4729 BTC [+] {4} | [22:05] |
* | truffles (~truffles@dsl-vsabrasgw1-58c1a8-182.dhcp.inet.fi) has joined #bitcoin-assets | [22:06] |
assbot | [HAVELOCK] [AM100] 1000 @ 0.00330876 = 3.3088 BTC [+] {11} | [22:07] |
assbot | [HAVELOCK] [AM100] 46 @ 0.00333193 = 0.1533 BTC [+] {3} | [22:08] |
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* | lolstate (~lolstate@host213-121-237-134.range213-121.btcentralplus.com) has joined #bitcoin-assets | [22:13] |
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assbot | [MPEX] [S.MPOE] 2852 @ 0.0009148 = 2.609 BTC [+] | [22:28] |
* | ssshhh (~ssshhh@94.14.114.49) has left #bitcoin-assets ("Leaving") | [22:30] |
assbot | [HAVELOCK] [SFI] 35754 @ 0.001 = 35.754 BTC | [22:32] |
assbot | [HAVELOCK] [CBTC] 6007 @ 0.00009886 = 0.5939 BTC [+] {2} | [22:32] |
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assbot | [MPEX] [S.MPOE] 350 @ 0.00091346 = 0.3197 BTC [-] | [22:47] |
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* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [23:15] |
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assbot | [HAVELOCK] [AM100] 89 @ 0.00343688 = 0.3059 BTC [+] {4} | [23:24] |
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jurov | http://www.coinyewest.com/ ohmydawg... | [23:32] |
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wao-ender | yeah | [23:36] |
wao-ender | also slovak article about CYE is out | [23:36] |
wao-ender | :D | [23:36] |
jurov | wao right, gotta have your priorities | [23:37] |
wao-ender | :D | [23:37] |
assbot | [MPEX] [S.MPOE] 1681 @ 0.00091277 = 1.5344 BTC [-] | [23:38] |
assbot | [MPEX] [S.MPOE] 10400 @ 0.00091276 = 9.4927 BTC [-] {2} | [23:49] |
* | kleeck has quit (Quit: Leaving) | [23:51] |
assbot | [MPEX] [S.MPOE] 17852 @ 0.00091169 = 16.2755 BTC [-] {2} | [23:56] |
Category: Logs