Forum logs for 02 Nov 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
* Now talking on #bitcoin-assets [01:21]
* Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://polimedia.us/mpex || https://coinbr.com || https://cryptostocks.com || https://icbit.se || https://therocktrading.com || https://assets-otc.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || Net Chart: http://bit.ly/RPclBi || a biased message: http://smpake.com || http://bit4x.com [01:21]
* Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Tue Oct 16 15:58:37 2012 [01:21]
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assbot [MPEX] [S.MPOE] 7383 @ 0.00048369 = 3.5711 BTC [-] [01:23]
assbot [MPEX] [B.MPCD.A] [PAID] 350000 @ 0.00002 = 7 BTC [01:38]
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assbot [MPEX] [B.MPCD.B] [PAID] 400000 @ 0.00003 = 12 BTC [01:39]
assbot [MPEX] [B.MPCD.C] [PAID] 350000 @ 0.00009268 = 32.43671515 BTC [01:40]
assbot [MPEX] [S.MPOE] 20500 @ 0.00048411 = 9.9243 BTC [+] [01:49]
assbot [MPEX] [S.MPOE] 1600 @ 0.00048444 = 0.7751 BTC [+] [01:49]
kakobreklaaa o looky dividends spited out. [01:50]
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dub wat is a MH/s worth today [01:52]
dub assuming nefario wasnt retarded [01:52]
kakobrekla hard to say [01:53]
dub I guess you look at price/diff at IPO and go from there [01:53]
dub but there are other factors like the general asshole prolapse in the market prior to nefardation [01:54]
assbot [MPEX] [B.MPCD.B] [PAID] 400000 @ 0.00004054 = 16.21592105 BTC [01:55]
dub without applying any science I'd say somewhere between 0.05 and 0.01 [01:55]
dub maybe higher [01:56]
assbot [MPEX] [B.MPCD.A] [PAID] 350000 @ 0.0001 = 35 BTC [01:56]
jurov twitter says something different [01:58]
kakobrekla yeah quite possibly [01:58]
mircea_popescu yea wtf happened there ?! [01:58]
kakobrekla i tested the parser on one case [01:58]
kakobrekla maybe two [01:58]
mircea_popescu MPEx ‏@MPEx1 [01:58]
mircea_popescu B.MPCD.A paid a total dividend of 350.00000000 BTC to 350`000 outstanding shares [01:58]
mircea_popescu which is what it did [01:59]
jurov twitter shows some 7BTC earlier [01:59]
jurov for mpcd.a [01:59]
kakobrekla 00:38.04 ( @assbot ) [MPEX] [B.MPCD.A] [PAID] 350000 @ 0.00002 = 7 BTC [01:59]
mircea_popescu [MPEX] [B.MPCD.A] [PAID] 350000 @ 0.00002 = 7 BTC [01:59]
mircea_popescu that too [01:59]
kakobrekla so you are saying i should be fixing this [02:00]
mircea_popescu the 2nd one kakobrekla. [02:01]
mircea_popescu why is it reported 35btc ? 350 were paid. [02:01]
kakobrekla wild guess? trailing zero. realliy? dunno till i check sauce. [02:01]
kakobrekla reality* [02:02]
kakobrekla :p [02:02]
mircea_popescu :p [02:02]
kakobrekla did you check the site [02:02]
mircea_popescu more words needed [02:02]
kakobrekla did you check the web site [02:03]
kakobrekla :D [02:03]
mircea_popescu lol which one ? [02:04]
jurov so, B.MPCD.A exists no more now? [02:04]
kakobrekla the one we discussed a few minutes ago on pm [02:04]
kakobrekla you know, the milk thingy... [02:04]
mircea_popescu jurov the entire mpcd series is gone [02:05]
mircea_popescu https://bitcointalk.org/index.php?topic=76515.msg1311976#msg1311976 [02:06]
mircea_popescu there's accounting for it. [02:06]
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assbot [MPEX] [S.MPOE] 400 @ 0.00048444 = 0.1938 BTC [+] [02:14]
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mircea_popescu eh is the forum down ?! [02:22]
kakobrekla nope [02:24]
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assbot [MPEX] [S.MPOE] 12441 @ 0.00048444 = 6.0269 BTC [+] [02:39]
thestringpuller mircea_popescu: give me free money [02:43]
thestringpuller lololol [02:43]
mircea_popescu O << free coin [02:44]
thestringpuller ;) [02:44]
thestringpuller gimme welfare plz [02:44]
dub thats the coin after it went to jail [02:45]
assbot [MPEX] [F.GIGA.ETF] 10000 @ 0.00005078 = 0.5078 BTC [-] [02:46]
mircea_popescu wow ?! [02:47]
thestringpuller gigaaaaa [02:52]
mircea_popescu this reminds me of the dead parrot sketch [02:53]
mircea_popescu it's pineing for the fjords... [02:53]
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mircea_popescu "32 stores on Etsy are now accepting the bitcoin currency" [03:01]
mircea_popescu this is a big deal on reddit [03:01]
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mircea_popescu what is wrong with people ?! this is like saying 32 myspace pages are now supporting w/e petition >.< [03:02]
kakobrekla my father was selling zafferano there [03:02]
mircea_popescu etsy you mean ? [03:09]
kakobrekla yep [03:10]
kakobrekla growing that shit is some fuckup up job. [03:11]
mircea_popescu crocuses ? i never knew. [03:11]
kakobrekla it costs 10-15k euro per kg [03:11]
mircea_popescu lol ya, and makes 2 kg an acre [03:11]
kakobrekla but its way better to just grow weed [03:11]
assbot [MPEX] [S.MPOE] 19059 @ 0.00048444 = 9.2329 BTC [+] [03:11]
assbot [MPEX] [S.MPOE] 14514 @ 0.00048468 = 7.0346 BTC [+] [03:11]
assbot [MPEX] [S.MPOE] 3827 @ 0.00048497 = 1.856 BTC [+] [03:11]
kakobrekla 1g/sq m [03:11]
mircea_popescu ;;google acre to square meter [03:12]
gribble Acres to Square Meters converter: ; Square Meters to Acres converter: ; Acres to Square Meter - Ask Numbers: [03:12]
mircea_popescu 1ac = 4046.8564m² [03:13]
mircea_popescu so i was wrong, 4kg/acre :p [03:13]
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dub what is zafferano? [03:15]
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dub google says its a restaurant [03:15]
pigeons heh i googled it too [03:16]
kakobrekla http://it.wikipedia.org/wiki/Crocus_sativus [03:16]
mircea_popescu dub saffron [03:16]
kakobrekla i have it in my garden [03:16]
dub ah [03:16]
mircea_popescu well technically saffron is the product, crocus is the plant, zafferano is mostly the plant [03:16]
kakobrekla hm [03:17]
kakobrekla yeah [03:17]
kakobrekla sorry for the poor selection of the word [03:17]
kakobrekla anway its also poisonous. [03:18]
mircea_popescu i grew some fake saffron this year [03:18]
kakobrekla fake? [03:18]
pigeons no if you hadn't used that word i wouldn't have learned anything today [03:18]
mircea_popescu safflower [03:18]
dub wonder how well it grows inside [03:18]
Diablo-D3 https://bitcointalk.org/index.php?topic=121884.msg1311693#msg1311693 [03:18]
Diablo-D3 doing it right [03:19]
kakobrekla dub it wont do. its a very special plant. [03:19]
kakobrekla The topic or board you are looking for appears to be either missing or off limits to you. [03:19]
dub generally plants are stupid and can be tricked into thinking they are elsewhere/when [03:19]
mircea_popescu dub it can be grown inside but its a pain [03:20]
kakobrekla mircea_popescu if you want i can get you some proper bulb [03:20]
mircea_popescu o i can't be bothered myself. [03:20]
mircea_popescu but thanks :) [03:20]
Diablo-D3 actually [03:21]
Diablo-D3 plants are vastly intelligent [03:21]
kakobrekla as much as Diablo-D3 [03:21]
kakobrekla jk :p [03:21]
Diablo-D3 seriously, they're like, on a higher plane of existence, man [03:21]
dub Diablo-D3: can they link to existant subforums? [03:21]
* Diablo-D3 chuckles [03:21]
mircea_popescu lol [03:23]
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Diablo-D3 speaking of deep shit [03:25]
Diablo-D3 http://imgur.com/gallery/fkroU [03:25]
mircea_popescu http://i.imgur.com/bYb78.jpg [03:26]
mircea_popescu that one's pretty good [03:26]
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assbot [MPEX] [S.MPOE] 11455 @ 0.00048369 = 5.5407 BTC [-] [03:37]
assbot [MPEX] [S.MPOE] 5445 @ 0.00048339 = 2.6321 BTC [-] [03:37]
Diablo-D3 mircea_popescu: yeah [03:38]
Diablo-D3 out of all of them, I think that has the most powerful meaning [03:38]
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mircea_popescu as a nice bonus, the person doing that isn't usually black. [03:51]
mircea_popescu ;;later tell copumpkin https://bitcointalk.org/index.php?topic=121915.0 [03:54]
gribble The operation succeeded. [03:54]
thestringpuller ;;later tell mircea_popescu i need welfare [03:57]
gribble The operation succeeded. [03:57]
mircea_popescu you trying to get ignored ? [03:57]
Diablo-D3 bwahhah [03:59]
thestringpuller :( [04:00]
assbot [MPEX] [S.MPOE] 17100 @ 0.00048339 = 8.266 BTC [-] [04:02]
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assbot [MPEX] [S.MPOE] 21896 @ 0.00048339 = 10.5843 BTC [-] [04:27]
assbot [MPEX] [S.MPOE] 11404 @ 0.0004833 = 5.5116 BTC [-] [04:27]
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mircea_popescu http://polimedia.us/trilema/2012/bitcoin-and-the-poor/ if anyone;'s curious [04:35]
Lucidize is that you? [04:42]
Lucidize [photo] [04:42]
B0g4r7 What happened to Goat? [04:42]
Lucidize I'm gonna have a read [04:42]
mircea_popescu Lucidize yup [04:42]
mircea_popescu some years ago. [04:42]
mircea_popescu B0g4r7 nothing ? or what do you mean [04:43]
B0g4r7 On the forums. [04:43]
B0g4r7 His avatar says he's banned and censored. [04:43]
Lucidize wowser, you're a cute guy. [04:43]
Lucidize Don't worry, I'm not a guy lol :P [04:43]
B0g4r7 And his posts now stop at Oct 23rd. [04:43]
B0g4r7 https://bitcointalk.org/index.php?topic=119957.msg1292161#msg1292161 [04:44]
mircea_popescu a yea he got banned for unclear reasons [04:44]
mircea_popescu he says it's because he called theymos out, but my pr chick did the same and she's not banned. [04:45]
mircea_popescu there was some sort of conflict there but it's not clear exactly what. [04:45]
mircea_popescu Lucidize why ty. [04:45]
B0g4r7 Hush-hush as usual. [04:45]
mircea_popescu such bs this. [04:45]
Lucidize I have to apologise to you for being rude one day, a while back [04:46]
mircea_popescu people wonder why we attract so many scammers. well... it's the hush. [04:46]
mircea_popescu Lucidize haha accepted. tho i don't remember it [04:46]
Lucidize I was in glbse and blinded and I see now that what you were saying was very true and you are well informed [04:46]
mircea_popescu ha! well that's nice. tyvm then. [04:46]
Lucidize =) [04:47]
Lucidize Yeah I'm not surprised you don't remember, many ppl would attack you for your views [04:48]
Lucidize Now we all eat our words [04:48]
mircea_popescu aaa, but that's part of growing up. [04:49]
mircea_popescu the more words you eat, the bigger you get. [04:49]
Lucidize like raindrops [04:50]
assbot [MPEX] [S.MPOE] 4096 @ 0.0004833 = 1.9796 BTC [-] [04:52]
assbot [MPEX] [S.MPOE] 13500 @ 0.00048284 = 6.5183 BTC [-] [04:52]
assbot [MPEX] [S.MPOE] 18057 @ 0.00048205 = 8.7044 BTC [-] [04:52]
assbot [MPEX] [S.MPOE] 7747 @ 0.00048178 = 3.7323 BTC [-] [04:52]
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thestringpuller :( [05:03]
thestringpuller mircea_popescu: have you seen In Time [05:05]
mircea_popescu i dont think so [05:05]
thestringpuller you might ike i [05:05]
thestringpuller people have stopped aging [05:05]
thestringpuller so they use "time" as currency [05:05]
mircea_popescu aha [05:06]
thestringpuller smickles: monopoly!!!! [05:17]
assbot [MPEX] [S.MPOE] 9197 @ 0.00048178 = 4.4309 BTC [-] [05:18]
assbot [MPEX] [S.MPOE] 26003 @ 0.00048086 = 12.5038 BTC [-] [05:18]
Diablo-D3 http://www.nationofchange.org/uaw-files-charges-against-romney-his-auto-bail-out-profiteering-1351783724 [05:19]
Diablo-D3 welp [05:19]
Diablo-D3 thats the end of romney [05:19]
dub dammit [05:26]
dub so many hilarious facial expressions we'll never see [05:27]
Diablo-D3 Fuck. You know, fuck is such a wonderful word. It describes, pain, pleasure, surprise, and what I do to the American people each and every day. [05:28]
Diablo-D3 mrrrpphhmrrrppphh [05:29]
Diablo-D3 Take my dick out of your mouth before you try to speak. [05:29]
mircea_popescu Diablo-D3 not to burts your parade piss, but i don't imagine anyone cares what some union does [05:29]
Diablo-D3 mircea_popescu: UAW _is_ the auto industry. [05:29]
mircea_popescu nope [05:29]
Diablo-D3 this is automatic front page news on everything [05:29]
mircea_popescu it's just some (hopefully soon illegal) union. [05:29]
mircea_popescu union = pseudograssroots, democratic party. [05:30]
Diablo-D3 you dont understand the scope of the UAW [05:30]
Diablo-D3 its not just a union [05:30]
Diablo-D3 they own one of the largest industrial complexes in the US [05:30]
dub isnt america a union? [05:30]
Diablo-D3 dub: wrong kind of union [05:30]
mircea_popescu dude srsly. some union is sueing the republican candidate, who doesn't want them to get more public money. [05:31]
mircea_popescu why do you think this registers ? [05:31]
Diablo-D3 mircea_popescu: the UAW directly engaged the President and Congress over the auto bailout. [05:31]
mircea_popescu soooo ? [05:31]
Diablo-D3 and one of Romney's biggest points was the auto bailout was the worst thing he did besides Obamacare [05:31]
mircea_popescu Greg Palast is the author of the New York Times bestseller, "Armed Madhouse" (Penguin Paperback 2007). When Palast, an investigator of corporate fraud and racketeering, turned his skills to journalism, he was quickly recognized as, "The most important investigative reporter of our time" [Tribune Magazine] [05:31]
mircea_popescu lol this is funny [05:31]
mircea_popescu i hadn't realised just how irrelevant/self referential lefties have gotten in the us. [05:32]
Diablo-D3 mircea_popescu: do you understand the problem now? [05:32]
mircea_popescu carry on lol [05:32]
Diablo-D3 romney just sank his own battleship on the eve of the election [05:32]
mircea_popescu comment #2 on your link [05:32]
mircea_popescu UNIONS are not the solution. UNIONS are the problem. Rude, crude, lazy, corrupt BULLIES. [05:32]
mircea_popescu dun dun dun. i think this may actually be a net gain for him [05:33]
Diablo-D3 unions were the solution when it started [05:33]
Diablo-D3 now they became what they were fighting [05:33]
dub the problem with unions is they have become corporations [05:33]
Diablo-D3 exactly dub [05:33]
dub that and its an easy living for the habitually useless [05:33]
Diablo-D3 the UAW should have never been allowed to buy up the largest auto manufacturing plant in the US [05:33]
mircea_popescu unions are never the solution. [05:33]
BTC-Mining Hey mircea, byt the way, has patrick harnett defaulted? [05:33]
mircea_popescu Diablo-D3 it was going for free [05:34]
mircea_popescu BTC-Mining yes. [05:34]
Diablo-D3 mircea_popescu: no, unions, _the original kind_, are fine [05:34]
Diablo-D3 where workers could bind together and fight unfair abusive practices and be legally protected while doing so [05:34]
BTC-Mining Hmm, interesting [05:34]
Diablo-D3 but its clearly an artifact of times gone past [05:34]
Diablo-D3 the invention of the Internet has largely made unions pointless. [05:34]
mircea_popescu BTC-Mining https://bitcointalk.org/index.php?topic=121915.0 [05:34]
mircea_popescu Diablo-D3 well... they kinda were pointless originally, too. but anyway. [05:35]
Diablo-D3 mircea_popescu: it was a gamble, but they worked [05:35]
mircea_popescu "they worked". [05:35]
Diablo-D3 it collapsed a few of the smaller rich people empires and forced the rest to comply [05:35]
mircea_popescu they ensured that jobs move out of europe into the us, sure. [05:35]
mircea_popescu then they moved jobs into asia [05:35]
Diablo-D3 but those times are long gone [05:35]
mircea_popescu i guess... it worked. [05:35]
dub they are a counter point to offset the coproration with a competing corporation [05:36]
Diablo-D3 unions didnt move them into asia though [05:36]
Diablo-D3 walmart did that. [05:36]
Diablo-D3 and ford. [05:36]
dub the good they do is that they need to protect the weak to keep power [05:36]
Diablo-D3 dub: yes but [05:36]
dub adn teh weak do need protection [05:36]
Diablo-D3 when they threaten people for not joining and also act as the bosses of the workers they protect, theres a problem [05:36]
Diablo-D3 the UAW is just too bigt [05:37]
mircea_popescu the weak are weak for a perfectly good reason [05:37]
mircea_popescu they don't need any protection. they need incentives to de-weakify. [05:37]
dub yes but they need to survive [05:37]
Diablo-D3 mircea_popescu: no [05:37]
dub or it costs us more in the ned [05:37]
dub end* [05:37]
Diablo-D3 the problem there is, the weak are weak because the lack of education [05:37]
Diablo-D3 and you cant fix it [05:37]
dub you cant fix it with capitalism [05:37]
mircea_popescu either they fix it or suck my cock. [05:37]
mircea_popescu a choice emerges. [05:37]
Diablo-D3 who someone is going to be is set in stone by the time they're 6, give or take. [05:37]
dub not in its current form anyway [05:37]
Diablo-D3 we need several generations of intensive education to fix the problem the US has [05:38]
Diablo-D3 laws wont fix it, unions or the lack thereof wont fix it [05:38]
mircea_popescu that problem being, several generations which have been protecred [05:38]
dub this, everyone is equal idea and can succeed if they want to is quite obviously a sick joke [05:38]
mircea_popescu 16 yos that know you'll protect them from my cock have 0 incentive to learn anything. [05:38]
Diablo-D3 mircea_popescu: like, why do you think ending welfare wont work? [05:39]
Diablo-D3 all its going to do is put a lot of people in prison. [05:39]
mircea_popescu ending welfare will work just fine. [05:39]
mircea_popescu good. [05:39]
Diablo-D3 Bad, its more expensive. [05:39]
dub in the end those that can will pay to look after the weak, its nature [05:39]
mircea_popescu we start shooting them. [05:39]
Diablo-D3 lol mircea_popescu is trolling us [05:39]
mircea_popescu gotta make that soylent green somehow. [05:39]
mircea_popescu no, im serious. this paradigm that everyone has to make it is bs. [05:39]
Diablo-D3 mircea_popescu: shooting them doesnt even work [05:39]
mircea_popescu life is only worth living if most don't make it. [05:39]
Diablo-D3 you dont get the money you invested into them back [05:39]
mircea_popescu you don't invest anything. [05:40]
mircea_popescu they do. [05:40]
Diablo-D3 no, we all do [05:40]
mircea_popescu not once we finally get rid of welfare. [05:40]
Diablo-D3 each person, from birth to 18 years of age, costs $2m. [05:40]
mircea_popescu costs YOU 2m :p [05:40]
Diablo-D3 shooting them just flushes that down the drain. [05:40]
Diablo-D3 costs the nation $2m. [05:40]
dub welfare only exists because capitalism depends on it [05:40]
mircea_popescu i don't care about your nation. [05:40]
mircea_popescu dub does not. [05:40]
Diablo-D3 good, the nation doesnt not care about you. [05:41]
mircea_popescu we;re find then. [05:41]
mircea_popescu fine* [05:41]
Diablo-D3 Something went wrong in social planning post-WW2. [05:41]
Diablo-D3 I'm not entirely sure what, its not any single cause doing it. [05:41]
mircea_popescu the notion that "social planning" to be exact. [05:41]
mircea_popescu there's no such thing. [05:42]
Diablo-D3 There is. [05:42]
mircea_popescu so you think. [05:42]
mircea_popescu social planning is exactly like dmc. [05:42]
Diablo-D3 WW2 was a result of social planning. [05:42]
Diablo-D3 It was a manufactured war. [05:42]
mircea_popescu well i guess that's my limit for tonight. [05:42]
kakobrekla https://bitcointalk.org/index.php?topic=121865.0 [05:44]
assbot [MPEX] [S.MPOE] 17200 @ 0.00048197 = 8.2899 BTC [+] [05:44]
mircea_popescu https://bitcointalk.org/index.php?topic=121865.msg1311552#msg1311552 loller [05:44]
kakobrekla hm [05:45]
dub how many new 'trading platforms' per day is bitcoin at now? [05:45]
kakobrekla i thought these were real securities [05:45]
kakobrekla nevermind then sorry. [05:45]
dub it seems to be accelerating [05:45]
kakobrekla i always paste the link first and then read it [05:46]
dub read? I just comment willy nilly [05:46]
mircea_popescu dub yes. trading platform. is good professional. [05:46]
dub I sale platform to you yes [05:47]
dub very nice and secure [05:47]
mircea_popescu slightly dented [05:47]
dub Goodluck Happy Professional Trading LLC LLQY LTP [05:48]
mircea_popescu except the llc papers weren't signed [05:49]
assbot [MPEX] [S.MPOE] 15753 @ 0.0004831 = 7.6103 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 32083 @ 0.00048494 = 15.5583 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 27772 @ 0.00048497 = 13.4686 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 27100 @ 0.00048517 = 13.1481 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 6783 @ 0.00048552 = 3.2933 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 10158 @ 0.00048565 = 4.9332 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 17910 @ 0.00048622 = 8.7082 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 32000 @ 0.00048803 = 15.617 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 20700 @ 0.00048818 = 10.1053 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 8500 @ 0.00048829 = 4.1505 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 24400 @ 0.00048832 = 11.915 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 35800 @ 0.00049074 = 17.5685 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 42100 @ 0.00049224 = 20.7233 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 18941 @ 0.00049282 = 9.3345 BTC [+] [06:00]
BTC-Mining Well once again, if anyone has S.BVPS shares, please PM me and state your rate. [06:00]
mircea_popescu !ticker s.mpoe [06:01]
assbot [MPEX:S.MPOE] 1day: 0.00048086 / 0.00048744 / 0.00049519 (1607095 shares, 783.37 BTC), 30day: 0.00025015 / 0.00039123 / 0.0005 (85112884 shares, 33,299.26 BTC) [06:01]
mircea_popescu ;;calc (0.00048744-0.00039123)/0.00048744 [06:01]
gribble 0.197378138848 [06:01]
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* dub complains about the mess his colleagues make in the lab [06:13]
dub next level 'i'll be in my lab' meme, go [06:14]
mircea_popescu https://bitcointalk.org/index.php?topic=121624.0 [06:15]
mircea_popescu this stuff is pretty good [06:15]
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dub backwards graphs are backwards [06:17]
mircea_popescu ya turns out he fudged some numbers [06:18]
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smickles number fudger :( [06:20]
dub fudged I think is being kind [06:20]
BTC-Mining Those charts are way off [06:20]
dub back of the napkin I would say 'pulled directly out of his small intestine' more accurate [06:20]
dub at $10 and 30m diff SC is $65 day break even [06:22]
dub er 65 day [06:22]
dub with $.15/kw [06:22]
mircea_popescu what i liked was the idea of making the graphs [06:22]
mircea_popescu i guess someone should make right ones [06:22]
smickles 65 days? that's the fudged #, right? [06:23]
dub yeah, at least make your bullshit graphs face teh right direction [06:23]
dub smickles: I may have fucked up.. http://tpbitcalc.appspot.com/?difficulty=30000000.3930&hashrate=60000.00&exchangerate=10.00&bitcoinsperblock=50.00&rigcost=1300.00&powerconsumption=60.00&powercost=0.15&investmentperiod=355 [06:23]
dub oh wait 50btc [06:23]
dub twice that [06:24]
smickles thing is, the diff won't stay 30m for 65 days [06:24]
BTC-Mining 137 days break even with the SC actually [06:24]
BTC-Mining at 30 mill difficulty [06:24]
smickles or especially 137 days [06:24]
smickles can't you calc it with a linnear gain in diff? [06:25]
smickles or lognormal [06:25]
dub you could but it would be equally meaningless [06:25]
assbot [MPEX] [S.MPOE] 25859 @ 0.00049282 = 12.7438 BTC [+] [06:25]
dub since it wont be linear or predictable at all [06:25]
assbot [MPEX] [S.MPOE] 13641 @ 0.00049286 = 6.7231 BTC [+] [06:25]
smickles yeah, but i expect it to rise over time [06:26]
dub of course [06:26]
smickles so why do the calc assuming it stays flat? [06:26]
dub lazy [06:26]
smickles [06:26]
dub also its pointless to do it either way :) [06:27]
smickles heh, i'm just glad i got to type lognormal [06:27]
dub plenty of speculation that mass GPU dieback occurs on reward half [06:27]
BTC-Mining Not sure difficulty will raise that much tho [06:27]
mircea_popescu some people suspect diff over 100mn by next year [06:28]
dub but once asic are shipping it will skyrocket, no question [06:28]
dub 100%pa proffit what [06:28]
mircea_popescu i for one don't think there's going to be asics in 2012 [06:28]
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BTC-Mining I'd usually expect the difficulty to raise so that profit on current equipment prices is in the 1-3% weekly range [06:29]
smickles the first person with the first asic on that first diff period will make a lot of btc, relatively [06:29]
dub well yeah [06:29]
BTC-Mining Profit considering expenses, but not equipment's purchase price [06:29]
dub at current diff payback is in days [06:29]
mircea_popescu smickles this is actually a very interesting problem. the companies have no real incentive to ship [06:29]
smickles BTC-Mining: you've noticed price rised laggin on diff increases too? [06:29]
mircea_popescu so likely they will ship the entire backlog simultaneously [06:30]
dub one week for SC [06:30]
smickles mircea_popescu: the must plan to mine like hell as 'testing' untill their actions raise the diff significantly, then ship [06:30]
dub mircea_popescu: once important incentive, devs have promised an algo swap if they dont [06:30]
mircea_popescu smickles exactly. dub devs can get fucked. [06:31]
mircea_popescu i dunno why anyone thinks devs matter. [06:31]
dub they will have support of deepbut et all [06:31]
smickles dev is commodity now, [06:31]
mircea_popescu of course they will. [06:31]
mircea_popescu they will have support of old miners against new miners [06:31]
dub algo will swap, asic will die [06:31]
mircea_popescu if bitcoin allowed them any advantage because of some such crap it'd be doomed anyway [06:31]
dub asic vendor will not risk this [06:32]
mircea_popescu there is exactly 0 dev can do. [06:32]
dub in what way can dev be prevented from algo swap if they have mining majority? [06:32]
mircea_popescu in the way of owning the new chain. [06:32]
mircea_popescu appointing new devs and bye. [06:32]
dub glwt [06:32]
mircea_popescu it's a done deal. [06:32]
dub bye bye bitcoin [06:33]
mircea_popescu what, you think where the crowd of 5000 atlas sockpuppets lies matters ? [06:33]
mircea_popescu nope, just bye bye gmaxwell & co. [06:33]
mircea_popescu i almost like the idea. [06:33]
dub I have no love for the devs [06:33]
dub but I believe they could effect this [06:33]
smickles interesting times ahead, anyway [06:33]
mircea_popescu bitcoin won't die just because some old boy's club tries to keep newcomers out [06:33]
mircea_popescu or enforce "rules" [06:33]
dub I think it will [06:33]
mircea_popescu there's no rules outside of make blocks. [06:33]
mircea_popescu neah. [06:33]
dub nearly identical thing would rise to replace it [06:34]
mircea_popescu yeah lol. the asic's chain [06:34]
mircea_popescu but anyway. the shipping problem is that companies don't have an incentive to ship for as long as what they're shipping is worth more than what the people paid for it. [06:34]
dub probably take years for the failed bitcoin experiment memory to die however [06:34]
mircea_popescu once the diff is high enough they'll ship to lock in the payments and avoid refunds [06:35]
mircea_popescu but before, even if people refund they're ahead. [06:35]
dub they've already won [06:35]
mircea_popescu "they" ? [06:35]
dub asic vendors [06:35]
dub its a captive market [06:36]
dub the only problem taht could arise is they fuck it up [06:36]
mircea_popescu yeah. [06:36]
dub surefire way to do that is create a 51% problem [06:36]
mircea_popescu in a sense the current dev + gpu miner pools are creating that problem as it is [06:36]
smickles they would't 51% [06:36]
mircea_popescu with their bs "algo change" threats. [06:36]
smickles it'd devalue btc [06:37]
smickles and they are mining for btc [06:37]
mircea_popescu in my eyes the only thing that will ever devalue btc is agreement. [06:37]
mircea_popescu i hope the asic-gpu thing comes to a civil war. [06:37]
dub mircea_popescu: I agree that the current mining cabal is dangerous [06:37]
mircea_popescu it's not even a mining cabal, it's a stupidity cabal. [06:38]
mircea_popescu clearly displayed in the "let's stick together" around pirate. [06:38]
mircea_popescu asshole was defaulting in july. [06:38]
mircea_popescu nobody said anything. [06:38]
mircea_popescu patrickharnett is in default, i have to say it. if i don't say it nobody does. buddy-buddy [06:38]
mircea_popescu the EXACT system that's the problem with politics in the us, and the EXACT reason we can't use fucken fiat anymore. [06:38]
dub point is threat is enough, asic costs a lot to develop [06:38]
dub riskign it all by mining a few 10k btc is not smart [06:39]
mircea_popescu nobody cares about the toothless threats of some pasty-chested "devs". [06:39]
mircea_popescu imagining the contrary is ridiculous. [06:39]
dub im not sure how you figure they are toothless, they have the majority [06:39]
mircea_popescu heh. they have 30 th. [06:40]
mircea_popescu if the asics have 35 th they have the minority. [06:40]
dub I don't think it even matters, an algo war will devalue btc as smickles said [06:40]
dub asic vendor loses both ways [06:40]
mircea_popescu it might devalue btc in the eyes of the foolish. [06:40]
mircea_popescu the only value of btc rests on the fact that nobody can actually matter. [06:40]
smickles the devs swithcing algos would easily be seen as anti-freemarket, and people might abandon them over that [06:40]
mircea_popescu and bitcoin'd be better off for it [06:41]
mircea_popescu not because they're bad people, but bcause we don't want any respected people. [06:41]
BTC-Mining 51% attack [06:41]
BTC-Mining A miner or cartel who controls more than fifty percent of the hashing capacity of the bitcoin mining network has the potential to fraudulently double-spend recent transactions. With majority of hashing power the attacker has the technical ability to mine blocks which do not include a previous spend transactions from the miner but instead include a double spend of the coin. With majority [06:41]
BTC-Mining control the potential exists for this double spend even if the transaction had already seen confirmations as those blocks could be overtaken in the attack. [06:41]
BTC-Mining The risk lessens of this with each confirmation as the computational advantage the attacker needs grows to a mathematically improbable level and six confirmations is widely accepted as being the amount where the transaction is secure from this attack. [06:41]
mircea_popescu it's a liability. [06:41]
dub in the long run maybe [06:41]
smickles yeah, we'd be better off dropping anti free market peeps [06:41]
BTC-Mining We're already waiting for 6 confirmations for big deposits EXACTLY for the 51% attack... [06:41]
dub BTC-Mining: there is functionally nothing to be gained from actually using a 51% [06:41]
mircea_popescu this is the old anti-dictator argument. i'm just rehashing roman republicanism here. [06:41]
dub chicked feed compared to tooling up for asic production [06:42]
dub chicken* [06:42]
mircea_popescu BTC-Mining that's a different 51% attack you're thinking of. [06:42]
BTC-Mining ? [06:42]
mircea_popescu in the context we;'re discussing 51% simply means the majority decides by what rules the chains are built. [06:42]
dub once you succeed at 51% you just lost all your btc value anyway [06:42]
mircea_popescu if miner group A uses hashing algo a and miner group B uses hashing algo b [06:43]
BTC-Mining Ah, you mean for the rules? [06:43]
mircea_popescu bitcoin will use the hashing algo of the larger group [06:43]
smickles the answer is beer [06:43]
BTC-Mining If that "51%+" has incompatible rules... then we get a split no? [06:43]
mircea_popescu and so the devthreat to change algo only has the merit of the interest of gpu miners, who are doomed anyway [06:43]
mircea_popescu BTC-Mining we get a sort-of fork. [06:43]
BTC-Mining One chain with regular users, and one with 100% with their own new rules... [06:43]
mircea_popescu exactly. and that new one will be the devs. [06:44]
mircea_popescu well... ex devs at that point [06:44]
BTC-Mining That would be a problem if they push it as the official client... who controls bitcoin.org? [06:44]
dub imo at that point bitcoin is dead [06:44]
BTC-Mining I actually never wondered so far. [06:44]
dub something else comes up, probalby years later [06:45]
mircea_popescu the official client is irrelevant, it doesn't mine. [06:45]
mircea_popescu dub nah, it'll be fine. [06:45]
mircea_popescu btctalk will be fun to watch tho [06:45]
smickles there'd be uncertainty [06:45]
smickles so buy options [06:45]
dub we'd get solidcoin [06:45]
mircea_popescu and drama [06:45]
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BTC-Mining eh, that's actually right. But if there's major change, the official client might need to apply new rules for transactions different from the current [06:45]
smickles "official" sounds meaningless in context of a dev-split [06:46]
mircea_popescu indeed. [06:46]
dub there would be no official client, there isnt really now, theres a reference client [06:46]
mircea_popescu it's meaningless even as it is [06:46]
mircea_popescu yeah. "first client" [06:46]
mircea_popescu anyway, i don't think the devs have either the balls or the peabrains to actually go ahead with algo change [06:47]
mircea_popescu that they threaten it is fine, but that's all. [06:47]
dub anyway, as far a business decision goes its madness to even contemplate [06:47]
mircea_popescu hence, toothless. [06:47]
mircea_popescu dub no it's not. i am actually all for it. [06:47]
dub will. not. happen. [06:47]
mircea_popescu let's have it out now. [06:47]
mircea_popescu rather than in 10 years. [06:47]
mircea_popescu full onslaught, civil war, bring it. [06:47]
mircea_popescu we find out. [06:47]
smickles Lu e-jr has the crazy to try anything he sets his mind to tho [06:47]
dub smickles: true and he has a lot of mining support which is scary [06:48]
smickles mircea_popescu: you made you money in civil way, didn't you? [06:48]
mircea_popescu sure, eligius has all the promise of becoming a fortified compound in utah [06:48]
mircea_popescu smickles hm ? [06:48]
dub smickles: im sure this would factor in to any decision [06:48]
dub mircea_popescu: its not just his pool, deepbutt and a few others have backed his quackery before [06:49]
mircea_popescu Diablo-D3 here, power crews from out of state are trying to come work in ny. they're turned away BECAUSE THEYRE NOT UNION [06:49]
smickles mircea_popescu: oh, not the case? [06:49]
mircea_popescu dub gpu miners have a vested interest. [06:49]
mircea_popescu smickles what ? [06:49]
Diablo-D3 mircea_popescu: okay, so? [06:49]
mircea_popescu Diablo-D3 just sayin'. [06:49]
Diablo-D3 thats the governor's fault [06:49]
mircea_popescu you watch new york return a full complement of teapartiers for the senate. [06:49]
smickles so you were born in the 70's, i guess you were too young to make money when romania broke free, eh? [06:50]
mircea_popescu everyone thinks ny is blue, they're so pissed at democrats right now it'll happen. [06:50]
Diablo-D3 ny isnt red or blue [06:50]
Diablo-D3 its jew. [06:50]
mircea_popescu smickles i'm never too young. [06:50]
Diablo-D3 mircea_popescu is like 14, smickles [06:50]
mircea_popescu but romania never had a civil war ? or you mean the revolution ? [06:50]
smickles yeah, i guess i conflated the two [06:50]
smickles did no one oppose the revolution? [06:51]
mircea_popescu a well. fyi, what the romanian revolution was is this : ohio state students taking over the troops, then executing nixon. [06:51]
assbot [MPEX] [S.MPOE] 28200 @ 0.00049229 = 13.8826 BTC [-] [06:51]
assbot [MPEX] [S.MPOE] 2000 @ 0.00049 = 0.98 BTC [-] [06:51]
dub I think you are putting far to much faith in the ideology of asic vendors, given a choice between mining a few btc which are sure to become nearly worthless at least for a while, and profiting hugely in the long term.. they will ship [06:52]
mircea_popescu dub well in practical terms it'll be a miracle if they have anything to ship anyway,. [06:52]
dub why? all it takes is money [06:52]
dub its not like they are inventing something or breaking ground [06:53]
dub they are building an IC [06:53]
dub just like millions of other products before them [06:53]
smickles yeah, but the % of bitcoin biz that turns out to be a scam after time is high [06:53]
mircea_popescu dub they are breaking ground, for one, and it takes 10 to 100x more money than they have. [06:53]
dub not really [06:54]
smickles well, technically, is there a product on market that does this already? [06:54]
mircea_popescu nope. [06:55]
smickles zactly [06:55]
dub no but its just producing a hardware fpga [06:55]
dub of sorts [06:55]
mircea_popescu it's like saying fucking your wife in the ass is not breaking ground and doesn't require any resources [06:55]
mircea_popescu cause she already had a kid. [06:55]
dub its not a question of if it can be done [06:55]
mircea_popescu ^^ [06:55]
smickles mircea_popescu: excellent anology [06:55]
smickles i still havent got it that wy [06:56]
smickles from her anyway [06:56]
mircea_popescu i was shocked to find most us couples still don't do it [06:56]
smickles she's just small and won't use a plug [06:56]
dub you might need to spend up front on some nice wine or flowers [06:57]
smickles but i like to think that i'm too big ;) [06:57]
mircea_popescu all buttvirgins are small lol [06:57]
mircea_popescu dub has a point. half bottle wine enema. [06:58]
smickles it was our anniversary on the 30th just past, as likly to happen then as ever [06:59]
dub just get her drunk [06:59]
mircea_popescu lol [06:59]
dub use lube [06:59]
smickles naw, she's preggers [06:59]
dub patience young padawan [07:00]
mircea_popescu well that's no time to teach ehr anal [07:00]
dub you will get those brown wings [07:00]
mircea_popescu did she get hemorrhoids on the first one ? [07:00]
smickles lol [07:00]
smickles mircea_popescu: nope [07:00]
mircea_popescu a well. lucky girl. [07:00]
smickles she had to have a c-section tho [07:01]
mircea_popescu shows great promise of much enjoyments. just tell her ppl on irc said you should give her tiem [07:01]
dub you could go for the 'accident' but its probably not idea for continuing the sport [07:01]
dub ideal* [07:01]
mircea_popescu lol accident such bs [07:01]
smickles the irc argument has worked for other things in the past :D [07:02]
dub I've done it [07:02]
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dub hitting from back, oops wrong hole [07:02]
dub *yelp* [07:02]
smickles well, i call successful derailment of conversation [07:03]
mircea_popescu smickles o ya ? did she get a leash ? [07:03]
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mircea_popescu ya srsly, smickles is worse than ciuciu. [07:03]
smickles mircea_popescu: we already had a leash ;) [07:03]
mircea_popescu no but i meant for her not for you [07:03]
smickles lol [07:03]
mircea_popescu hehe [07:03]
smickles maybe i'll try it someday, but she doesn't seem like she'd be good at the dom end [07:05]
dub arent you wearign it around your leash^W ring finger? [07:05]
BTC-Mining Hmm, right on channel's topic. Guess I'll stay out of it. [07:06]
dub asic and anal, not so different [07:06]
dub both hurt a little at first [07:06]
smickles dub: you mean the thing that makes it more dificult to fend of other women? [07:06]
dub smickles: yeah, I jest, be wearing one myself sooner rather than later [07:07]
smickles i got less advances before the ring than after, [07:07]
dub its not the ring, chicks can smell how full a mans balls are [07:08]
smickles lololllool [07:08]
mircea_popescu 20+k sold, .5 drop [07:10]
mircea_popescu i don't care what antyone says, btc is solid as a rock. [07:10]
smickles ;;ticker [07:11]
gribble BTCUSD ticker | Best bid: 10.69308, Best ask: 10.77499, Bid-ask spread: 0.08191, Last trade: 10.77499, 24 hour volume: 47684.46748761, 24 hour low: 10.40000, 24 hour high: 11.20999, 24 hour vwap: 10.87540 [07:11]
smickles ;;bc,24hprc [07:12]
gribble 10.87 [07:12]
smickles !ticker S.MPOE [07:12]
assbot [MPEX:S.MPOE] 1day: 0.00048086 / 0.00048779 / 0.00049519 (1615081 shares, 787.82 BTC), 30day: 0.00025015 / 0.00039134 / 0.0005 (85097298 shares, 33,302.67 BTC) [07:12]
dub I should head home to my sausage wallet [07:13]
* dub & [07:13]
smickles and scene [07:14]
mircea_popescu http://www.reddit.com/r/IAmA/comments/12hclg/iama_peter_acworth_ceo_and_founder_of_kinkcom_nsfw/c6v50by [07:14]
mircea_popescu btw [07:14]
assbot [MPEX] [S.MPOE] 23100 @ 0.00049016 = 11.3227 BTC [+] [07:16]
assbot [MPEX] [S.MPOE] 17312 @ 0.00049286 = 8.5324 BTC [+] [07:16]
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smickles holy shit! eric idle is doin an iama? [07:18]
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assbot [MPEX] [S.MPOE] 8355 @ 0.00049286 = 4.1178 BTC [+] [07:42]
assbot [MPEX] [S.MPOE] 2250 @ 0.00049399 = 1.1115 BTC [+] [07:42]
assbot [MPEX] [S.MPOE] 3895 @ 0.00049417 = 1.9248 BTC [+] [07:42]
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assbot [MPEX] [S.MPOE] 39600 @ 0.00049 = 19.404 BTC [-] [08:07]
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assbot [MPEX] [S.MPOE] 29128 @ 0.00049417 = 14.3942 BTC [+] [08:33]
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assbot [MPEX] [S.MPOE] 35500 @ 0.00049 = 17.395 BTC [-] [08:58]
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assbot [MPEX] [S.MPOE] 7277 @ 0.00049417 = 3.5961 BTC [+] [09:23]
assbot [MPEX] [S.MPOE] 5000 @ 0.000495 = 2.475 BTC [+] [09:23]
assbot [MPEX] [S.MPOE] 5316 @ 0.00049519 = 2.6324 BTC [+] [09:23]
assbot [MPEX] [S.MPOE] 19407 @ 0.00049546 = 9.6154 BTC [+] [09:23]
smickles omg! mircea_popescu I've got it! [09:26]
mircea_popescu ? [09:26]
smickles some more code, and i'll have that market maker bot [09:26]
mircea_popescu for options was it ? [09:27]
smickles i just need the part where it watches for its orders to be taken by someone else and responds accordingly [09:27]
smickles yup [09:27]
mircea_popescu hey cool. [09:27]
smickles but i figured out the hard part :) [09:28]
smickles i.e. where to place standing orders at [09:28]
smickles s/where/whatprice/ [09:28]
mircea_popescu a cool. [09:28]
mircea_popescu curious what comes of this :D [09:29]
smickles me making btc at the cost of the greater fool, that's what :D [09:31]
EskimoBob smickles: market makers usually have some responsibilities like providing liquidity etc [09:31]
EskimoBob is that what you are going to do too? [09:31]
EskimoBob what if bid side (not you) has no orders? What if ask is gone? Are you buying/selling to/from your own books? etc... [09:33]
mircea_popescu i presume he will maintain some orders on the book [09:33]
mircea_popescu or ? [09:33]
EskimoBob who sets the rules for you? at what increment can you change prices etc. [09:34]
EskimoBob if you have no rules set like that, you are not really a market maker but just another trader executing trades for a client(s) [09:34]
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smickles heh, EskimoBob i should be providing liquidity on both sides nearly all the time, regardless of others standing orders [09:37]
EskimoBob cool, but what happens, if you do not? [09:39]
mircea_popescu smickles is tis goins to be scm v 2.0 ? [09:39]
smickles EskimoBob: well, if i don't, then it means that one or more of my basal assumptions was wrong [09:40]
smickles mircea_popescu: naw, private thing. unless I really see that more capital will help, and i'm confident the risk is really outweighed by the benefit [09:41]
mircea_popescu aha. funny thing, the girl was saying this exact thing to some investment club dood [09:42]
smickles i'd prefer to keep all profit to myself :P [09:42]
smickles anyway, i'll be off to bed for now; early engagement tomorrow [09:43]
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mircea_popescu pigeons and dub : how can you not like gage? https://bitcointalk.org/index.php?topic=115669.msg1312347#msg1312347 [09:45]
mircea_popescu smickles : engage! [09:45]
mircea_popescu :D [09:45]
assbot [MPEX] [S.MPOE] 23893 @ 0.00049546 = 11.838 BTC [+] [09:48]
assbot [MPEX] [S.MPOE] 5722 @ 0.00049557 = 2.8357 BTC [+] [09:48]
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dub one saner post doesnt not a sane person make [10:08]
dub but he's earned some points [10:09]
EskimoBob smickles: good luck :) [10:13]
EskimoBob most important question... on what exchange are you going to run it? [10:14]
assbot [MPEX] [S.MPOE] 24100 @ 0.00049266 = 11.8731 BTC [-] [10:16]
EskimoBob JoelKatz is riding his ego-trip wave big time :) [10:17]
dub https://bitcointalk.org/index.php?topic=121031.msg1312326#msg1312326 [10:18]
dub am I missing something? or is the alledged link here that they both used email [10:18]
EskimoBob He replaced that nose hair picture of himself with a "painting" of himself. Whats next? Will he paint that orange shirt black and add more uniform curls to his wig? [10:20]
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assbot [MPEX] [S.MPOE] 9259 @ 0.00049266 = 4.5615 BTC [-] [10:41]
assbot [MPEX] [S.MPOE] 14641 @ 0.00049 = 7.1741 BTC [-] [10:41]
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Chaang-Noi whats new? [11:01]
assbot [MPEX] [S.MPOE] 15151 @ 0.00049316 = 7.4719 BTC [+] [11:07]
EskimoBob nuthing mon, nuthing [11:14]
EskimoBob people are writing scary stories to each other in form. Same shit, different day [11:16]
Chaang-Noi i see glbse is back up and nefario made his hostage of the account info public/offical [11:16]
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EskimoBob ? [11:23]
EskimoBob URL [11:23]
assbot [MPEX] [S.MPOE] 8259 @ 0.00049 = 4.0469 BTC [-] [11:32]
Chaang-Noi www.glbse.com [11:32]
Chaang-Noi UPDATE:Currently recovering bitcoin payments made in error, account closing has been halted until most of this has been recovered [11:32]
Jackmaninov aka i've run for the border [11:39]
Jackmaninov but all eyes on Goat who's the *real* criminal /s [11:39]
Chaang-Noi ? [11:41]
EskimoBob not really. Send back the coin that is not yours and this circus probably moves on [11:45]
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EskimoBob fkn s.dice, I lost 0.075 BTC [11:46]
EskimoBob SCAM! [11:46]
EskimoBob lol [11:46]
EskimoBob smickles: there is no "_nearly_ all the time" :) [11:47]
EskimoBob only "all the time" unless you can produce digitally signed (by ID card) document from your doctor [11:47]
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assbot [MPEX] [S.MPOE] 25600 @ 0.00048923 = 12.5243 BTC [-] [11:57]
assbot [MPEX] [S.MPOE] 7641 @ 0.00048923 = 3.7382 BTC [-] [12:22]
assbot [MPEX] [S.MPOE] 19149 @ 0.00049316 = 9.4435 BTC [+] [12:22]
assbot [MPEX] [S.MPOE] 5710 @ 0.0004937 = 2.819 BTC [+] [12:48]
assbot [MPEX] [S.MPOE] 23800 @ 0.00048887 = 11.6351 BTC [-] [13:13]
assbot [MPEX] [S.MPOE] 7647 @ 0.00048855 = 3.7359 BTC [-] [13:13]
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assbot [MPEX] [S.MPOE] 3490 @ 0.00048999 = 1.7101 BTC [+] [13:39]
assbot [MPEX] [S.MPOE] 8610 @ 0.00049112 = 4.2285 BTC [+] [13:39]
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assbot [MPEX] [S.MPOE] 35753 @ 0.00048855 = 17.4671 BTC [-] [14:05]
assbot [MPEX] [S.MPOE] 11347 @ 0.0004884 = 5.5419 BTC [-] [14:05]
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mircea_popescu am i like the only person on reddit with more link karma than comment karma ? [14:08]
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Chaang-Noi iv never used reddit [14:10]
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mircea_popescu then you don't qualify! [14:13]
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kakobrekla mornin [14:19]
mircea_popescu heya [14:20]
kakobrekla how is it going [14:27]
mircea_popescu owned bluematt a little on reddit [14:28]
mircea_popescu otherwise bau [14:28]
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assbot [MPEX] [S.MPOE] 28453 @ 0.0004884 = 13.8964 BTC [-] [14:30]
assbot [MPEX] [S.MPOE] 23047 @ 0.00048742 = 11.2336 BTC [-] [14:30]
kakobrekla urlpls [14:31]
mircea_popescu http://www.reddit.com/r/Bitcoin/comments/12ht6y/bitcoin_and_the_poor/ [14:33]
EskimoBob "This guy needs to get laid. So much anger over such a small point." - LOL [14:34]
kakobrekla coding in my sleep = matt ? [14:35]
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mircea_popescu no ? [14:42]
mircea_popescu i don't recall that guy's name on reddit but we did have a nice chat on my blog [14:42]
mircea_popescu course it didn't come out too clearly what he's about. [14:43]
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kakobrekla http://www.youtube.com/embed/Cd6C1vIyQ3w [14:47]
kakobrekla id like to try this. [14:47]
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assbot [MPEX] [S.MPOE] 13800 @ 0.00048909 = 6.7494 BTC [+] [14:57]
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assbot [MPEX] [S.MPOE] 31700 @ 0.00048909 = 15.5042 BTC [+] [15:22]
assbot [MPEX] [S.MPOE] 10100 @ 0.00048978 = 4.9468 BTC [+] [15:22]
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assbot [MPEX] [S.MPOE] 13300 @ 0.00048754 = 6.4843 BTC [-] [15:48]
assbot [MPEX] [S.MPOE] 28053 @ 0.00048742 = 13.6736 BTC [-] [15:48]
assbot [MPEX] [S.MPOE] 1647 @ 0.0004872 = 0.8024 BTC [-] [15:48]
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assbot [MPEX] [S.MPOE] 14800 @ 0.00048978 = 7.2487 BTC [+] [16:17]
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Chaang-Noi wow kakobrekla [16:36]
kakobrekla its prolly expencive as... hm... as saffron. [16:38]
kakobrekla expensive i ment. [16:39]
kakobrekla :> [16:39]
assbot [MPEX] [S.MPOE] 3445 @ 0.00048937 = 1.6859 BTC [-] [16:42]
assbot [MPEX] [S.MPOE] 7136 @ 0.0004872 = 3.4767 BTC [-] [16:42]
assbot [MPEX] [S.MPOE] 27233 @ 0.0004867 = 13.2543 BTC [-] [16:42]
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assbot [MPEX] [S.MPOE] 22357 @ 0.0004867 = 10.8812 BTC [-] [17:07]
assbot [MPEX] [S.MPOE] 4143 @ 0.00048585 = 2.0129 BTC [-] [17:07]
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mircea_popescu !ticker s.mpoe [17:24]
assbot [MPEX:S.MPOE] 1day: 0.00048086 / 0.00048796 / 0.00049557 (1684503 shares, 821.97 BTC), 30day: 0.00025015 / 0.00039236 / 0.0005 (85146172 shares, 33,408.06 BTC) [17:24]
mircea_popescu !ticker s.dice [17:25]
assbot [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00299494 / 0.0034 (2076191 shares, 6,218.07 BTC) [17:25]
mircea_popescu !ticker s.bvps [17:26]
assbot [MPEX:S.BVPS] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0027501 / 0.00335836 / 0.00350001 (23698 shares, 79.59 BTC) [17:26]
Chaang-Noi saffron is cheap here [17:26]
assbot [MPEX] [S.MPOE] 8671 @ 0.00048585 = 4.2128 BTC [-] [17:32]
assbot [MPEX] [S.MPOE] 40429 @ 0.00048581 = 19.6408 BTC [-] [17:32]
assbot [MPEX] [O.BTCUSD.P130T] 1 @ 0.26788816 BTC [-] [17:32]
mircea_popescu https://bitcointalk.org/index.php?topic=119295.0 [17:33]
mircea_popescu lol, this is bitcoin lending in a nutshell. [17:33]
EskimoBob never understood why anyone wants to lend BTC (except buy shit like drugs or pr0n) [17:36]
mircea_popescu you mean lend or borrow ? [17:37]
EskimoBob borrow [17:37]
mircea_popescu yeah. [17:38]
mircea_popescu well, mpoe borrows to finance options trading. seems the only legitimate thing so far. [17:38]
Diablo-D3 how much does mpoe pay? [17:38]
mircea_popescu Diablo-D3 it's open auction. as much as the filler asks for. [17:39]
mircea_popescu last month it settled at 9% [17:39]
Chaang-Noi a month? [17:40]
Chaang-Noi a week? :) [17:40]
Diablo-D3 A DAY?! [17:40]
mircea_popescu a month. [17:40]
mircea_popescu well, an almost month. from last friday of one month till the last friday of next month. [17:41]
Chaang-Noi not bad [17:42]
Chaang-Noi double my money in a year :) [17:42]
mircea_popescu you do undertake the risk tho. if the bot loses money you're on the hook. [17:42]
EskimoBob Chaang-Noi: have you learned nothing? :) [17:43]
Diablo-D3 lol [17:43]
Chaang-Noi brb, going to start a pass though! [17:43]
EskimoBob LOL [17:43]
Chaang-Noi :D [17:43]
mircea_popescu where lol [17:44]
Diablo-D3 lol [17:44]
Diablo-D3 wait [17:44]
EskimoBob OT! [17:44]
mircea_popescu you need at least 50 btc to qualify. [17:44]
Chaang-Noi im good at collecting funds for other people [17:44]
mircea_popescu so go ahead [17:45]
mircea_popescu as long as you explain the deal properly [17:45]
Chaang-Noi i was kidding... at this point im not doing anything. i explained pirate properly too and well that blew up in my face [17:45]
Chaang-Noi so much for letting people do what they want [17:45]
mircea_popescu has it ? [17:46]
mircea_popescu i wasn't following that closely. [17:46]
mircea_popescu http://polimedia.us/dtng/c/src/135187123817.jpg i wonder how often he cuts himself [17:47]
Chaang-Noi SEC and all that... [17:48]
Chaang-Noi there is no way im doing anything with btc until all that BS is over... [17:48]
Chaang-Noi i bet it will take over a year [17:48]
mircea_popescu prolly in a year the real battles start. [17:49]
Chaang-Noi yeah [17:50]
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Chaang-Noi if it blows over it will take a year [17:50]
Chaang-Noi if they do whatever then yeah it will take a long damn time [17:50]
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Chaang-Noi was wondering when a bitcoinica clone would start up using thier source code [17:55]
mircea_popescu few days ago [17:55]
Chaang-Noi iv been traveling [17:57]
Chaang-Noi oh looks like 10 days ago [17:57]
Chaang-Noi yeah i missed it [17:57]
assbot [MPEX] [S.MPOE] 5171 @ 0.00048581 = 2.5121 BTC [-] [17:58]
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assbot [MPEX] [S.MPOE] 3000 @ 0.00048553 = 1.4566 BTC [-] [18:23]
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assbot [MPEX] [S.MPOE] 1000 @ 0.00048553 = 0.4855 BTC [-] [18:24]
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thestringpuller mircea_popescu: i want to invest 50btc in your bonds [18:33]
thestringpuller auctioneer [18:33]
mircea_popescu so go ahead. [18:33]
mircea_popescu make sure you first read up on them tho. [18:34]
thestringpuller will your bot lose me money!!! [18:34]
thestringpuller jkjk [18:35]
thestringpuller or make me money... [18:35]
thestringpuller im putting bets on a robot... [18:35]
thestringpuller asimov would be proud [18:35]
mircea_popescu indeed. [18:35]
thestringpuller what are the general returns? [18:36]
thestringpuller does the bot usually make money? [18:36]
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mircea_popescu thestringpuller yeah, it lost money once so far. look at the monthly reports [18:38]
mircea_popescu you got the link ? [18:38]
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thestringpuller i see it in the faq [18:39]
thestringpuller hmm [18:39]
thestringpuller my investors want a place to put btc money into that is safe [18:39]
thestringpuller there are no treasury bonds (which are garbage anyways) [18:39]
thestringpuller and the last bond i bought defaulted because people are idiots [18:40]
mircea_popescu well, mpoe bonds can make a loss, so they're not really safe in that sense. [18:40]
mircea_popescu i used to think the mpcd series was, but that blew up. [18:41]
thestringpuller mircea_popescu: if the annual gains out pace the annual losses wouldnt it be a net gain? so the bot breaks even annually? [18:42]
mircea_popescu the bot is ahead anually, iirc [18:43]
mircea_popescu realyl, the only month it lost money was the pirate august thing. [18:43]
thestringpuller everyone lost money then [18:43]
thestringpuller only people buying puts made money [18:43]
thestringpuller mpoe stock is making me about 1% day... [18:45]
mircea_popescu it has been going kinda crazy. [18:46]
thestringpuller bitcoin friday is gonna cause the price to skyrocket [18:48]
thestringpuller then reward drop in late november... [18:48]
mircea_popescu lol i doubt it will have any impact. [18:49]
assbot [MPEX] [S.MPOE] 19100 @ 0.00048539 = 9.2709 BTC [-] [18:49]
jurov bonds are still bought by email? [18:49]
jurov mpoe [18:49]
mircea_popescu yeah [18:51]
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thestringpuller the halloween futures changed the market conditions yesterday [19:00]
Diablo-D3 https://bitcointalk.org/index.php?topic=118354.msg1313150#msg1313150 [19:01]
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jurov how can one have such mess in database? [19:03]
Diablo-D3 I dont know [19:03]
Diablo-D3 a payout script like that would take three seconds to do [19:03]
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jurov am i the only one in this whole mess who has unit tests AND audit script to backward-verify the balances? [19:05]
thestringpuller i wrote unit tests... [19:10]
assbot [MPEX] [S.MPOE] 17248 @ 0.00048539 = 8.372 BTC [-] [19:15]
assbot [MPEX] [S.MPOE] 29652 @ 0.00048518 = 14.3866 BTC [-] [19:15]
mircea_popescu haloween futures ?! [19:16]
mircea_popescu http://i.imgur.com/04MFg.jpg [19:16]
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assbot [MPEX] [S.MPOE] 13300 @ 0.00048553 = 6.4575 BTC [+] [19:40]
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assbot [MPEX] [S.MPOE] 1897 @ 0.00048518 = 0.9204 BTC [-] [20:05]
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assbot [MPEX] [S.MPOE] 15934 @ 0.00048518 = 7.7309 BTC [-] [20:33]
assbot [MPEX] [S.MPOE] 3166 @ 0.00048487 = 1.5351 BTC [-] [20:33]
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assbot [MPEX] [S.MPOE] 15729 @ 0.00048553 = 7.6369 BTC [+] [20:58]
assbot [MPEX] [S.MPOE] 18200 @ 0.00048978 = 8.914 BTC [+] [20:58]
assbot [MPEX] [S.MPOE] 9971 @ 0.00049112 = 4.897 BTC [+] [20:58]
jurov interesting that practically everyone who wants to sell s.mpoe put the order below 0.0005 [21:02]
jurov dunno why [21:02]
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assbot [MPEX] [S.MPOE] 4452 @ 0.00049038 = 2.1832 BTC [-] [21:24]
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assbot [MPEX] [S.MPOE] 18247 @ 0.00049112 = 8.9615 BTC [+] [21:50]
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assbot [MPEX] [S.MPOE] 9272 @ 0.00049112 = 4.5537 BTC [+] [22:15]
assbot [MPEX] [S.MPOE] 28947 @ 0.00049218 = 14.2471 BTC [+] [22:15]
kakobreklaaa what is this milk friday or what [22:16]
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mircea_popescu kakobrekla milk friday ? [22:30]
kakobreklaaa oh another of those kako is scam days [22:38]
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mircea_popescu lol wut ? [22:43]
assbot [MPEX] [S.MPOE] 30400 @ 0.00049127 = 14.9346 BTC [-] [22:43]
assbot [MPEX] [S.MPOE] 2400 @ 0.00049218 = 1.1812 BTC [+] [22:43]
kakobreklaaa yeah silly people [22:43]
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assbot [MPEX] [S.MPOE] 18953 @ 0.00049218 = 9.3283 BTC [+] [23:08]
mircea_popescu jurov : did you know the FIX protocol also uses string representations of integers btw ? [23:09]
jurov no [23:10]
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jurov mircea_popescu, i just did random research and it appears not true [23:15]
jurov http://www.fixprotocol.org/documents/633/Waters_NY_FIX_4.3_Changes_20010912.pdf [23:15]
mircea_popescu eh wtf they changed it ?! [23:15]
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jurov dunno, it's really whatever i stumbled on [23:16]
mircea_popescu The FIX Protocol has two syntaxes: [23:16]
mircea_popescu • “Tag=Value” [23:16]
mircea_popescu – 75=20010618 [23:16]
mircea_popescu that 75 ? that's a string. [23:16]
jurov oh i misunderstood you. i thought you're talking that "FIX also encloses numbers in quotes" [23:18]
jurov but then, what's your point? [23:18]
mircea_popescu kakobrekla https://bitcointalk.org/index.php?topic=102176.msg1313402#msg1313402 ? [23:20]
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mircea_popescu that integers are strings :D [23:20]
mircea_popescu anyway, fix uses some weirdo xml [23:20]
mircea_popescu no json afaik [23:20]
mircea_popescu (maybe it changed, i haven't kept up) [23:20]
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assbot [MPEX] [S.MPOE] 4900 @ 0.0004926 = 2.4137 BTC [+] [23:34]
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thestringpuller smickles: gimme a buzz when you get in [23:48]
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thestringpuller mircea_popescu: did you not have any halloween futures? [23:49]
mircea_popescu not afaik [23:50]
thestringpuller some guy on the forums said he'd promise to buy btc's at 11 back in july [23:51]
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assbot [MPEX] [S.MPOE] 20247 @ 0.0004926 = 9.9737 BTC [+] [23:59]
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