Forum logs for 04 Oct 2014

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu

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asciilifeform	https://firstlook.org/theintercept/2014/10/03/killing-americans-white-house-lawn-wrong	[00:25]
assbot	Killing Americans on the White House Lawn Is Wrong - The Intercept	[00:25]
asciilifeform	^ mega-lol	[00:25]
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*	asciilifeform was actually surprised there wasn't a minefield	[00:26]
penguirker	New blog post: https://www.bcoinnews.com/star-citizen-new-ships/	[00:30]
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cazalla	thickasthieves: yknow i'm ok with qntra being all barebones design, but why on god's green earth is it left-aligned? <<< just turn your head a little to the left, fixed	[00:51]
cazalla	i guess it's something to keep in mind when/if it comes time to redesign the site but for time being, i think it's acceptable	[00:53]
assbot	[MPEX] [S.MPOE] 14050 @ 0.00074212 = 10.4268 BTC [+]	[00:57]
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jurov	https://bitcointalk.org/index.php?topic=178336.msg9069908#msg9069908 r/buttcoin follows this ? that's helluva dedication	[01:07]
assbot	Wall Observer BTC/USD - Bitcoin price movement tracking & discussion	[01:07]
jurov	9024 pages gasp	[01:09]
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thickasthieves	http://www.coindesk.com/russia-proposes-fines-bitcoin/	[01:12]
jurov	http://fc04.deviantart.net/fs71/i/2013/257/8/8/angel_whale_by_livanvellnight-d6m84d2.jpg (* ^ *)	[01:12]
assbot	Russia Proposes Monetary Penalties for Bitcoin Use and Promotion	[01:12]
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thickasthieves	lol angel whale	[01:20]
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kakobrekla	angel whale sleeps with the fishes now	[01:21]
assbot	[MPEX] [S.MPOE] 11700 @ 0.00074103 = 8.6701 BTC [-]	[01:24]
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mircea_popescu	forgot whose study it was, but apparently the easiest to read is about 65 cols referencing fixed-pitch. << bunch of military studies over the years, 60 to 80 in anyu case.	[01:41]
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mircea_popescu	*: punkman remembers the derps trying to do webfonts before we had webfonts <<< now that was a riot	[01:45]
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mircea_popescu	"It is NOT impossible to have such an enormous (gigantic) ginormous rise in prices - eg from $300 to $10k; however, the lower that BTC prices go, the more difficult it becomes to imagine such an upward BTC price explosion.... .. such as 30x..."	[01:48]
mircea_popescu	jurov you will notice that a) all this was injected into the conversation via bitbet and b) fucktards, srsly.	[01:49]
mircea_popescu	it's exactl;y backwards, the smaller the base, the easier high percentiles are.	[01:49]
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thickasthieves	yep	[01:50]
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thickasthieves	the lower we go the more faith i have in a bubble	[01:50]
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thickasthieves	;;ticker --market all	[01:53]
gribble	Bitstamp BTCUSD last: 357.57, vol: 20022.97553918 \| BTC-E BTCUSD last: 343.088, vol: 9410.68472 \| Bitfinex BTCUSD last: 359.49, vol: 20531.0586212 \| CampBX BTCUSD last: 370.0, vol: 36.33602895 \| BTCChina BTCUSD last: 365.241348, vol: 24566.86020000 \| Kraken BTCUSD last: 355.0, vol: 20.27 \| Bitcoin-Central BTCUSD last: 365.438, vol: 86.35057784 \| Volume-weighted last average: (1 more message)	[01:53]
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mircea_popescu	Abuses under Obiang have included "unlawful killings by security forces; government-sanctioned kidnappings; systematic torture of prisoners and detainees by security forces; life threatening conditions in prisons and detention facilities; impunity; arbitrary arrest, detention, and incommunicado detention."	[01:59]
mircea_popescu	dude, check it out : http://en.wikipedia.org/wiki/File:Teodoro_Obiang_Nguema_Mbasogo_with_Obamas.jpg	[01:59]
mircea_popescu	united states of ecuatorial guineea!	[01:59]
thickasthieves	get ready for a barrage of 350 bets	[02:06]
danielpbarron	seems to be a very large number of transactions happening at the moment, from my full node's point of view	[02:10]
thickasthieves	people panic selling?	[02:11]
thickasthieves	bitcoin hacked	[02:11]
danielpbarron	or excitement buying -- or both	[02:11]
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mircea_popescu	there are bunches of txn firing off yes	[02:13]
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thickasthieves	it's the diff drop armageddon	[02:16]
mircea_popescu	jurov http://redditmetrics.com/r/trilema << lol	[02:19]
assbot	[MPEX] [S.MPOE] 15395 @ 0.00074305 = 11.4393 BTC [+] {2}	[02:23]
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assbot	[HAVELOCK] [HASH] 587 @ 0.00226393 = 1.3289 BTC [+] {8}	[02:25]
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mod6	;;bc,stats	[02:53]
gribble	Current Blocks: 323707 \| Current Difficulty: 3.466142592397694E10 \| Next Difficulty At Block: 324575 \| Next Difficulty In: 868 blocks \| Next Difficulty In About: 5 days, 19 hours, 48 minutes, and 43 seconds \| Next Difficulty Estimate: 34120792594.7 \| Estimated Percent Change: -1.55976	[02:53]
mod6	;;rewardhalf	[02:55]
gribble	Error: "rewardhalf" is not a valid command.	[02:55]
mod6	;;halfreward	[02:55]
gribble	Estimated time of bitcoin block reward halving: Tue Aug 2 16:43:16 2016 UTC \| Time remaining: 1 year, 43 weeks, 2 days, 16 hours, 50 minutes, and 0 seconds.	[02:55]
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thickasthieves	thatll be fun	[02:58]
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mod6	been a long time since i looked at that. saw we're under 100k blocks to go	[02:59]
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mircea_popescu	coupla years	[03:08]
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mircea_popescu	%p	[03:13]
atcbot	>> No data returned from CoinMiner.net << [PityThePool Hashrate]: 120.95 GH/s [iSpace Pool Hashrate]: 0 TH/s [P2P Hashrate]: 1.36 TH/s	[03:13]
mircea_popescu	%d	[03:13]
atcbot	[ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 303602.34 in 587 blocks (#46368) Est. % Change: -83.84	[03:13]
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mod6	%ob	[03:16]
atcbot	7k@266 100k@255 15k@200 \| 75k@180 100k@175 7k@170	[03:16]
mod6	%v	[03:16]
atcbot	[X-BT VWAP] Bid: 180 Ask: 200 Last Price: 266 30d-Vol: 242k 30d-High: 266 30d-Low: 170 30d-VWAP: 192	[03:16]
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mircea_popescu	holding steady huh	[03:24]
mircea_popescu	!up parfait	[03:24]
-assbot-	You voiced parfait for 30 minutes.	[03:24]
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mircea_popescu	!up hodl	[03:24]
-assbot-	You voiced hodl for 30 minutes.	[03:24]
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mod6	looks like it.	[03:24]
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mod6	vol seems decent.	[03:25]
assbot	[MPEX] [S.MPOE] 6729 @ 0.00074307 = 5.0001 BTC [+]	[03:27]
Tcl	interface unloaded	[03:28]
Python	interface unloaded	[03:28]
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pankkake	parfait penguirker Perlboy phf pi07r pizzaman1337 PsychoticBoy punkman	[03:33]
mircea_popescu	;;seen pankkake	[03:33]
gribble	pankkake was last seen in #bitcoin-assets 4 weeks, 0 days, 14 hours, 11 minutes, and 32 seconds ago: http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/	[03:33]
assbot	[MPEX] [S.MPOE] 20100 @ 0.00074264 = 14.9271 BTC [-]	[03:39]
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penguirker	New blog post: http://trilema.com/2014/waroflife-swol-september-2014-statement/	[03:44]
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assbot	[MPEX] [S.MPOE] 30596 @ 0.00074386 = 22.7591 BTC [+] {2}	[03:47]
assbot	[MPEX] [S.MPOE] 3500 @ 0.00074264 = 2.5992 BTC [-]	[03:48]
*	asciilifeform changed day jobs today. it was time-consuming.	[03:48]
assbot	[HAVELOCK] [AM1] 130 @ 0.1387386 = 18.036 BTC [+] {11}	[03:49]
mod6	$vwap s.mpoe	[03:50]
empyex	mod6: S.MPOE 1 day: average: 0.00074338 high: 0.00074856 low: 0.00073961 volume: 1471659 btc: 1093.99743348 7 day: average: 0.000747 high: 0.0007539 low: 0.00073961 volume: 6513289 btc: 4865.44551211 30 day: average: 0.00074366 high: 0.00085114 low: 0.00059659 volume: 18709079 btc: 13913.23754162	[03:50]
RagnarDanneskjol	whats your new gig ascii?	[03:51]
asciilifeform	RagnarDanneskjol: consulting	[03:51]
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assbot	[HAVELOCK] [AM1] 40 @ 0.15067602 = 6.027 BTC [+] {19}	[03:52]
RagnarDanneskjol	cool	[03:52]
assbot	[HAVELOCK] [AM1] 19 @ 0.17120434 = 3.2529 BTC [+] {11}	[03:53]
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assbot	[HAVELOCK] [AM1] 8 @ 0.17499942 = 1.4 BTC [+]	[03:54]
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assbot	[HAVELOCK] [AM1] 3 @ 0.17666666 = 0.53 BTC [+] {2}	[03:55]
assbot	[HAVELOCK] [RENT] 270 @ 0.0040191 = 1.0852 BTC [-] {9}	[03:56]
assbot	[HAVELOCK] [AM1] 25 @ 0.19088001 = 4.772 BTC [+] {5}	[03:56]
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assbot	[HAVELOCK] [AM1] 6 @ 0.19210002 = 1.1526 BTC [+]	[03:58]
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assbot	[MPEX] [S.MPOE] 26459 @ 0.00074372 = 19.6781 BTC [+] {3}	[03:59]
assbot	[HAVELOCK] [AM1] 6 @ 0.18 = 1.08 BTC [-]	[04:08]
assbot	[HAVELOCK] [AM100] 800 @ 0.00129898 = 1.0392 BTC [+] {3}	[04:09]
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assbot	[HAVELOCK] [AM100] 500 @ 0.00129976 = 0.6499 BTC [+] {3}	[04:11]
mircea_popescu	http://trilema.com/wp-content/uploads/2014/04/extradited-by-my-rubber-ducklings.html lalala april was so much fun	[04:18]
mike_c	since we got the lulztron back.. the RENT 3po closed yesterday selling shares for 75. today they are back at 40. quite a 1 day return.	[04:19]
kakobrekla	well the roi is now like double	[04:23]
mike_c	the div yield through the roof	[04:23]
kakobrekla	yup	[04:23]
decimation	asciilifeform: there's a great deal of bureaucracy surrounding employment in the us	[04:29]
asciilifeform	decimation: yes.	[04:29]
decimation	mainly because there is no free market for 'health insurance', retirement, etc. even if you opt out you still need to file paperwork	[04:29]
decimation	and of course usg needs to know about your employment situation	[04:29]
asciilifeform	decimation: manually computing the tax, alone, is almost a job.	[04:30]
decimation	not because they are nosy busybodies but because they just want properly calculated taxes, you see	[04:30]
decimation	I think most folks just wing it and adjust when the tax bill comes due	[04:30]
assbot	[MPEX] [S.MPOE] 10050 @ 0.00074499 = 7.4871 BTC [+]	[04:30]
decimation	it's amusing that usg taxes labor at usurious rates and then whines about how employment is so low	[04:35]
asciilifeform	decimation: donkey still moving, back not broken yet? put on more, more.	[04:35]
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decimation	more like cow still has blood, room for more gnats	[04:36]
asciilifeform	now in most cases, it's usg's money (sometimes one or two steps removed) in the first place.	[04:36]
asciilifeform	so why collect it back as tax? answer: give the 'patient' an opportunity to underpay, collect penalty.	[04:37]
decimation	asciilifeform is that why usg employee's income is not 'pretaxed'?	[04:37]
asciilifeform	one reason, yes.	[04:38]
asciilifeform	other reasons include - folks who play in the real-estate chumpatron get a good deal of tax break.	[04:38]
asciilifeform	since tax authorities operate as if they did not know automagically, in real time, who these are - no pre-tax	[04:39]
assbot	[MPEX] [S.MPOE] 50607 @ 0.00074176 = 37.5382 BTC [-]	[04:40]
asciilifeform	i, for instance, in effect pay almost double tax for refusal to 'buy' houses.	[04:40]
decimation	my company hires an old woman to assemble circuit boards, we pay her as an independent contractor. apparently the state has been harassing the company because the state presumes that her 'independent contract' is really an employment contract	[04:40]
[]bot	Bet placed: 1.5 BTC for Yes on "Bitcoin to drop under $350 before November" http://bitbet.us/bet/1034/ Odds: 66(Y):34(N) by coin, 52(Y):48(N) by weight. Total bet: 70.44387257 BTC. Current weight: 16,925.	[04:40]
decimation	asciilifeform: these days the double tax isn't as bad because the mortgage interest rates are low	[04:40]
decimation	but I agree with your point	[04:40]
decimation	my point is that a real estate agent is considered an independent contractor even when she works in an office with a secretary	[04:41]
decimation	gov't asks no questions	[04:41]
asciilifeform	independent contractor << not something you really want to be, for tax purposes, in usa	[04:42]
asciilifeform	you get to pay extra 'self employment' tax rate.	[04:42]
mod6	its horrid	[04:42]
decimation	yeah you must pay the employer's share of the 'social security payroll tax'	[04:42]
decimation	beyond the usurious rates, it is a double insult that usg insists that you participate in its crimes against honest accounting while paying 'tax' with your tax	[04:44]
mircea_popescu	yeah speaking of which, how's those posters things ? any bites from renters The20YearIRCloud ?	[04:49]
mircea_popescu	so why collect it back as tax? answer: give the 'patient' an opportunity to underpay, collect penalty. << more like, give patient something to do with his time.	[04:53]
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decimation	mircea_popescu: obviously at the cost of draining productivity from the minority of the productive, but that hasn't stopped usg in the past	[04:54]
mircea_popescu	decimation> my point is that a real estate agent is considered an independent contractor even when she works in an office with a secretary <<< there	[04:54]
mircea_popescu	s a secial extemption written in the law against people like it folks being independent.	[04:54]
mircea_popescu	guess who lobbied.	[04:54]
decimation	meanwhile there's a special exception written in the law that requires the irs to presume that engineers are not independent contractors	[04:55]
mircea_popescu	exactly.	[04:55]
decimation	for the same reason the law also allows the importation of indian & chinese indentured servants	[04:55]
decimation	http://www.nytimes.com/1998/04/27/business/how-a-tax-law-helps-insure-a-scarcity-of-programmers.html	[04:58]
assbot	How a Tax Law Helps Insure a Scarcity of Programmers - New York Times	[04:58]
penguirker	New blog post: http://trilema.com/2014/dear-derps-you-are-being-herded/	[04:58]
diametric	asciilifeform: i disagree with your independent contractor bit on taxes.	[04:58]
diametric	asciilifeform: the amount of things I can now deduct has increased 10 fold.	[04:58]
decimation	diametric has a point	[04:59]
diametric	in fact, if I tried hard enough I think I could pay no taxes.	[04:59]
dub	should be gettin gpaid more than avg wage slave too	[04:59]
mircea_popescu	yeah, independent contractor is better if you can get it.	[04:59]
decimation	an 'employee' is at the mercy of his management to decide how to spend business revenue	[04:59]
diametric	decimation: exactly.	[04:59]
dub	employee has benefits adn protection tho	[05:00]
decimation	although even the independent contractor can't buy a company car for commuting, because the irs says so	[05:00]
mircea_popescu	yeah, if you're a woman you can't sue yourself for having jacked off in your home office.	[05:00]
diametric	56 cents per mile, all my tolls, my internet, my "home office", any equipment i buy for said home office, pretty much anything that has a realistic tie to me being a contractor is eligible.	[05:00]
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mircea_popescu	so, independent contractor is better, if you're white, male and young.	[05:00]
mircea_popescu	ie, most people.	[05:00]
*	diametric raises hand	[05:00]
dub	i get ~70c/km so I win	[05:00]
mircea_popescu	uh.	[05:01]
mircea_popescu	how come you get so little again ?	[05:01]
decimation	usg's official rate is $0.56 per mile http://www.irs.gov/2014-Standard-Mileage-Rates-for-Business,-Medical-and-Moving-Announced	[05:02]
*	mircea_popescu takes cabs, deduces receipts. a dollar a km in .ro shithole, 5 eu/km in germany, etc.	[05:02]
mircea_popescu	this when not using a shuttle service or w/e	[05:03]
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diametric	asciilifeform: the other thing is deductions aren't tied specifically to the individual contract either. so all my r&d gets deducted too.	[05:04]
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decimation	there's no doubt that 'owning' a business is a good way to skate usg taxes	[05:04]
diametric	yeah. though if you pay the usg something instead of trying to null out the taxes, it goes a long way to avoiding troubles in the future, or so I heard from friends of mine that have been independent contractors for decades.	[05:06]
decimation	the rule of thumb is that you pay at least as much this year as the previous	[05:06]
decimation	that generally makes you fairly immune to serious harassment, at least in the opinion of some accountants I know	[05:07]
diametric	makes sense	[05:07]
decimation	but of course this kind of thing varies by case	[05:07]
diametric	also not being asian helps.	[05:07]
decimation	or selling real estate	[05:07]
diametric	its entirely anecdotal, but I know of more asians that have been audited than anyone else.	[05:08]
decimation	it's well known that greek & asians often operate cash businesses while staking tax	[05:08]
decimation	a friend told me that when he was three, his mom took her cash receipts from the family restaurant to the auditor, along with the screaming three year old. the auditor settled for $100 after a few hours of screaming	[05:09]
diametric	well played	[05:10]
decimation	"Donna Steele Flynn, a former member of the House Ways and Means Committee staff who is now a tax specialist with Ernst & Young, said, ''The only reason this hasn't gotten fixed is because the official Joint Tax Committee estimate in the past was that repeal of Section 1706 would cost a billion dollars in tax revenue over five years.''There is a political will on both sides of the aisle, but in terms of importance and number of	[05:11]
decimation	people, a billion dollars is a lot of money for a relatively small number of people.'"'	[05:11]
decimation	in other words we realize the we are thieves and will happily make unprincipled exceptions when we decide we can do so	[05:12]
decimation	in more other words, the 'political will' of a collection of elected lawyers with real estate side business all agree that they should not pay while others pay	[05:12]
asciilifeform	real estate 'market', pythonic strangler of all things alive.	[05:15]
decimation	indeed. The other day I was trying to find an etf or stock that didn't depend on 'bezzle' (ie usg fiat finance). I didn't succeed.	[05:16]
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decimation	asciilifeform: I assume you live in some old suburb near DC - have you ever sat down to total the 'value' of the homes within a few blocks of where you live?	[05:18]
decimation	it's quite easy to come to billions of $ for obviously shitty hovels	[05:18]
asciilifeform	decimation: yes and yes.	[05:20]
asciilifeform	decimation: no need to go far. a short stretch of road - cost $b.	[05:20]
assbot	[MPEX] [S.MPOE] 2511 @ 0.00074536 = 1.8716 BTC [+]	[05:20]
asciilifeform	without any houses. just asphalt.	[05:20]
decimation	yeah I've mentioned the "MD 200" fiasco	[05:21]
asciilifeform	i think diametric and i might be two of the 100 or so people who actually drive on that!	[05:21]
decimation	I've been on it a couple times. it's luxurious to weave across 3 empty lanes	[05:22]
mircea_popescu	indeed. The other day I was trying to find an etf or stock that didn't depend on 'bezzle' (ie usg fiat finance). I didn't succeed. << this is roughly equivalent to, "the other day, i tried to find a natural process going backwards in entropy. i didn't succeed"	[05:22]
decimation	'seinfeld' style	[05:22]
mircea_popescu	how the fuck would you succeed, and what would that mean. instaunwind.	[05:22]
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decimation	mircea_popescu: yeah I figured it was hopeless, but I wanted to pretend like my bezzlars were not locked in a usg approved cage	[05:23]
mircea_popescu	the thing is, without bitcoin that cage can't even be made apparent	[05:23]
asciilifeform	decimation: bezzlars work great because they devalue just as well at the bottom of the sea, or in a shoebox entombed in drywall ceiling, etc	[05:23]
mircea_popescu	(insmuch as the most you could do, cca 2010 or before, was to move them into... another cage, worse made)	[05:23]
decimation	with bitcoin, the 'free market' in us finance starts to look like a massive dekulakization experiment	[05:24]
mircea_popescu	http://trilema.com/2013/bitcoin-will-die/ <<< "With every passing day Bitcoin doesn’t die, your future dies a little more."	[05:24]
assbot	Bitcoin will die pe Trilema - Un blog de Mircea Popescu.	[05:24]
mircea_popescu	jesus i love my old shit.	[05:24]
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*	asciilifeform read 'bitcoin' and 'dekulakization' as 'bukkakization' - eyes tired, possibly should sleep	[05:25]
mircea_popescu	sleeping rocks.	[05:25]
*	asciilifeform now wants to learn about 'bukkakization'	[05:25]
mircea_popescu	lol apparently the weev dude is now a white supremacist.	[05:25]
decimation	http://www.baltimoresun.com/news/maryland/bal-icc111004,0,3081191.story "Flanagan announced last week that the estimated cost of the highway, which would run from U.S. 1 in Laurel to the Interstate 270 corridor in Montgomery County, had increased from the previous projection of $1.7 billion. ... Under current law, 87 percent of future increases would be available for non-ICC projects; the administration wants to make that 80 percent.	[05:25]
decimation	"	[05:25]
mircea_popescu	fun fact : Belize, Central African Republic, Djibouti all have a lower yearld gdp	[05:27]
mircea_popescu	than 1.7 bn	[05:27]
asciilifeform	speaking of pertinent oldies, http://log.bitcoin-assets.com/?date=02-08-2014#782014	[05:28]
assbot	Logged on 02-08-2014 17:42:01; asciilifeform: dignork: as i pointed out ages ago to ninjaspamgun, it is the responsibility of operating system to enumerate, e.g. only usb dildo on a given port, and not keyboard or whatnot	[05:28]
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decimation	asciilifeform: after working closely with usb, do you see it as an evil spec?	[05:29]
asciilifeform	and http://log.bitcoin-assets.com/?date=14-06-2014#718612	[05:29]
assbot	Logged on 14-06-2014 01:12:04; asciilifeform: dignork: sandisk used to make a line of usb micros called 's3', that had this feature	[05:29]
asciilifeform	decimation: not evil per se, but 'design by committee' all the way. no effort whatsoever was spent to lighten the book.	[05:30]
mircea_popescu	the spec is about as stupid as a hardware spec could be.	[05:30]
mircea_popescu	the kernel/os is the problem.	[05:30]
penguirker	New blog post: http://qntra.net/2014/10/russias-ministry-of-finance-preps-to-ban-bitcoin/	[05:30]
asciilifeform	exploitable bugs in all known implementations. <- and you can take that to the bank.	[05:30]
decimation	yeah I don't see how 'usb' was an improvement over say 'rs-422'	[05:31]
asciilifeform	(if you let arbitrary gizmos enumerate on arbitrary ports, triggering load of kernel mods written in '98, you deserve what you get)	[05:31]
mircea_popescu	http://qntra.net/2014/10/russias-ministry-of-finance-preps-to-ban-bitcoin/#comment-2 <<< shit i got their cherry!	[05:32]
asciilifeform	decimation: it's the hardware version of the delusion behind 'xml'.	[05:32]
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asciilifeform	decimation: that is, 'let's make heavily specified, supposedly self-describing, format for Everything!'	[05:32]
mircea_popescu	;;google "exploitable bugs in all known implementations"	[05:32]
gribble	On the Practical Exploitability of Dual EC in TLS Implementations: ; On the Practical Exploitability of Dual EC in TLS Implementations: ; Vulnerability (computing) - Wikipedia, the free encyclopedia:	[05:32]
mircea_popescu	heh.	[05:32]
asciilifeform	lulzies.	[05:32]
mircea_popescu	asciilifeform this notion of "self describing" is possibly the most idiotic thing self-important derps on "committees" ever came up with.	[05:33]
decimation	yeah ssl is the usb of IP	[05:33]
mircea_popescu	what the shit is it supposed to be, like a self-eating snake ?	[05:33]
asciilifeform	mind you, nowhere in the book-case worth of turds will you find the phrase 'self-describing'	[05:33]
mircea_popescu	o i know! we could resolve problems by positing nonsense and then building cleanly around it!	[05:34]
mircea_popescu	and if we ever run out of money, we'll withdraw infinity from a negative account!	[05:34]
decimation	in the us, even in commercial electronics, it is common for people who have no connection with any practical manufacturing/programming to 'design' specs	[05:34]
asciilifeform	decimation: these are the -only- folks permitted to design specs.	[05:34]
mircea_popescu	decimation the problem is they have no connection with higher level thinking.	[05:34]
decimation	right, because they are 'qualified'	[05:34]
asciilifeform	'qualified' specifically means a kind of 'aristotelian' noble, who never soiled his hands with lowly wurk.	[05:35]
decimation	for another thing the practical folks are off doing something useful rather than travelling to LA to 'agree on a spec'	[05:35]
mircea_popescu	specs are useful work.	[05:35]
asciilifeform	when done by people.	[05:35]
mircea_popescu	exactly.	[05:36]
asciilifeform	http://log.bitcoin-assets.com/?date=02-04-2014#600860 << here we go.	[05:36]
assbot	Logged on 02-04-2014 23:54:03; asciilifeform: i've tried this personally - it works. (you need a drive for which either docs or some reverse-engineerable flash diddler from the factory are available.)	[05:36]
*	asciilifeform was looking for a turdlet with a date.	[05:36]
mircea_popescu	where a good heuristic for peopleness is a strict disinterest in politeness.	[05:36]
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decimation	related: https://firstlook.org/theintercept/2014/10/02/the-nsa-and-me/ << "Many were embarrassingly critical of the agency, describing its enormous paranoia and obsession with secrecy. Others contained clues to a secret trips that Friedman had made to Switzerland, where he helped the agency gain backdoor access into encryption systems that a Swiss company was selling to foreign countries."	[05:39]
asciilifeform	crypto ag.	[05:39]
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asciilifeform	^ still best-selling!	[05:39]
decimation	the bigger puzzle is why such a company has any clients at all	[05:40]
*	asciilifeform can only apprehend an 'orlov's deer/hunter system' explanation for this	[05:40]
asciilifeform	i.e. buying a crypto a.g. item is an explicit gesture of bending over and arse-spreading to usg by vassal state or org	[05:40]
mircea_popescu	decimation that part is simple. the thirld world consists of derps and chieftain derps.	[05:40]
mircea_popescu	the chieftain derps aspire to retire to florida	[05:40]
mircea_popescu	the derps are too stupid to understand much	[05:40]
mircea_popescu	if the cropto ag can be made complex enough, the chieftain derps can be given their florida retirement while the derps don't sniff the problem.	[05:41]
decimation	yeah I buy that	[05:41]
asciilifeform	incidentally, owner of crypto a.g. is unknown mega-moneybag.	[05:41]
asciilifeform	(no prizes for guessing who)	[05:41]
mircea_popescu	which is why the us is so successful in retarded thirld world countries (say, the uk, or switzerland) and so utterly ineffectual in clever thirld world countries (say, iraq)	[05:42]
mircea_popescu	in the former, the derps think the us is ok. in the latter, the derps realise the us is a terrorist entreprise.	[05:42]
asciilifeform	reaction to theft is always tied to what you are being asked to part with.	[05:43]
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asciilifeform	the swiss, for all of their anal servitude, are still fat.	[05:43]
mircea_popescu	so you tihnk.	[05:43]
asciilifeform	swiss losing their starfish virginity - lazy. iraqi losing last bag of grain - fights.	[05:43]
mircea_popescu	meanwhile, in the 90s they were a major international player	[05:43]
mircea_popescu	and in 2010 they are a sort of monaco.	[05:44]
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mircea_popescu	they lost everything, over a coupla decades, simply for acquiescing to the kyc/aml bullcrap.	[05:44]
mircea_popescu	their future is pretty much personified by belgium.	[05:44]
mircea_popescu	also an erstwhile major international power, that's meanwhile become a reservation/zoo.	[05:44]
asciilifeform	comfortable zoo, afaik.	[05:45]
asciilifeform	with top-grade 'meow mix'	[05:45]
mircea_popescu	depends for whom.	[05:45]
mircea_popescu	you mean, with insane rent costs because all the visiting bureaucrats can afford to pay them	[05:45]
mircea_popescu	'while the locals can choose from a variety of hospitality jobs, from hairdresser ot prostitute ?	[05:45]
mircea_popescu	yeah, good deal. very comfortable, they can charge for a hairjob/blowjob twice to ten times what a starving ukrainian student gets away with	[05:46]
mircea_popescu	meanwhile, the ukrainian student doesn't actually have to pay rent.	[05:46]
asciilifeform	aha - american endgame, yes.	[05:46]
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mircea_popescu	anyway, they've been begging for the past years to be forgotten, but my and afaik everyone's call is "no" and "fuck you"	[05:47]
mircea_popescu	trust, you only break oncew.	[05:47]
asciilifeform	'forgive enemy - after hanging'	[05:48]
mircea_popescu	forget enemy after hanging.	[05:48]
mircea_popescu	never forgive.	[05:48]
asciilifeform	!b 3	[05:48]
assbot	Last 3 lines bashed and pending review. ( http://dpaste.com/2JGHH2Z.txt )	[05:48]
mircea_popescu	but anyway, only someone who had physically visited switzerland cca say 1994 can appreciate the immensity of the drop	[05:49]
assbot	[MPEX] [S.MPOE] 27400 @ 0.00074655 = 20.4555 BTC [+]	[05:49]
mircea_popescu	people love to imagine that playing ball has no costs. this is not unlike the chipper's fantasy that he's not a junkie.	[05:49]
asciilifeform	;;ud chipper	[05:49]
gribble	http://www.urbandictionary.com/define.php?term=The%20Chipper \| The Chipper. The male consumes large quantities of deep fried greasy food preferably a King Rib and a Cheese 'N' Burger supper with a few pickled onions ...	[05:49]
mircea_popescu	asciilifeform http://www.bluelight.org/vb/threads/678785-Are-there-any-successful-heroin-chippers-out-there/	[05:50]
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mircea_popescu	asciilifeform http://trilema.com/2012/the-panic-in-needle-park/ also, not bad movie.	[05:51]
asciilifeform	t. dalrymple (alias, former british prison doctor, many great bookz) had a neato piece on opiates.	[05:51]
asciilifeform	how certain folks take to them once tasted, others - hate, can't possibly picture how anyone gets hooked.	[05:52]
mircea_popescu	mebbe.	[05:53]
cazalla	drugstore cowboy is a good one imo	[05:55]
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mircea_popescu	jesus these people derping about codeine. here's a fun fact : as a growing tyke in soviet romania, mp like any other chitlins was administered phosphoric codeine freely for coughs.	[06:05]
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mircea_popescu	nobody ever got addicted. when the fuck did codeine become an additcive substance. wtf is with these derps.	[06:05]
assbot	[MPEX] [S.MPOE] 3200 @ 0.00074655 = 2.389 BTC [+]	[06:06]
mircea_popescu	http://www.pcfarm.ro/prospect.php?id=1054 << still available otc it seems.	[06:06]
Azelphur	I only heard people even taking it recreationally after I was on it for medical reasons	[06:07]
Azelphur	and I was like "wtf...why would you take that, it's horrible...and doesn't give you any noticeable high"	[06:07]
mircea_popescu	nuts.	[06:08]
Azelphur	people are weird. xD	[06:08]
decimation	apparently codeine cough syrups are available only in certain us states	[06:08]
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Azelphur	mircea_popescu: the other thing they did that really pissed me off, they lowered the legal limit over the counter of Codeine from 10mg to 8mg here in UK	[06:09]
mircea_popescu	!up berndj-blackout	[06:10]
-assbot-	You voiced berndj-blackout for 30 minutes.	[06:10]
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Azelphur	which means they pulled my damned hayfever tablets that actually fucking worked.	[06:10]
*	Azelphur rages	[06:10]
mircea_popescu	um.	[06:10]
Azelphur	dat 2mg of extra codeine makes all the difference.	[06:10]
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decimation	same with mdma precursors like pseudo-ephedrine in the us	[06:11]
Azelphur	I still have half a tonne of codeine left over from when I had my wisdom tooth out lol	[06:12]
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cazalla	you need to see my GP Azelphur http://log.bitcoin-assets.com/?date=28-04-2014#646954	[06:17]
assbot	Logged on 28-04-2014 09:30:07; cazalla: i went to a walk in medical centre with issues about my neck as I couldn't get an appointment at my usual GP, the GP at the walk in just assumed I was after pain meds and wrote a script for endone (oxycodone) without any hesitation to get me the fuck out of there	[06:17]
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mircea_popescu	us medicine in the oz now too ?	[06:17]
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cazalla	yeah, it's bad	[06:17]
cazalla	all the good dr's are approaching retirement age, all the new ones seem to play musical chairs and move around all the time so by the time you get to know them, they've moved on	[06:18]
assbot	[MPEX] [S.MPOE] 17650 @ 0.00074665 = 13.1784 BTC [+] {2}	[06:19]
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assbot	[MPEX] [S.MPOE] 29100 @ 0.00074678 = 21.7313 BTC [+]	[06:25]
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decimation	;;ticker	[06:30]
gribble	Bitstamp BTCUSD ticker \| Best bid: 363.19, Best ask: 364.42, Bid-ask spread: 1.23000, Last trade: 364.42, 24 hour volume: 20852.34956404, 24 hour low: 353.75, 24 hour high: 378.11, 24 hour vwap: 375.401006584	[06:30]
mircea_popescu	o look at that it bounced again ?	[06:36]
kakobrekla	bounced to what	[06:37]
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penguirker	New blog post: http://qntra.net/2014/10/knc-wallet-now-available-for-ios-users/	[06:37]
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mircea_popescu	kakobrekla well more like bounced off.	[06:39]
kakobrekla	well more like omg sellwall is temporary out of btc	[06:40]
mircea_popescu	heh.	[06:40]
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mircea_popescu	http://www.bitcoincharts.com/charts/bitstampUSD << chart's ded huh	[06:41]
assbot	Bitcoin Charts / Charts	[06:41]
assbot	[MPEX] [S.MPOE] 16200 @ 0.00074713 = 12.1035 BTC [+] {2}	[06:45]
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assbot	[MPEX] [S.MPOE] 17550 @ 0.0007444 = 13.0642 BTC [-] {3}	[07:05]
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assbot	[MPEX] [S.MPOE] 25700 @ 0.00074286 = 19.0915 BTC [-] {2}	[07:08]
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assbot	[MPEX] [S.MPOE] 7020 @ 0.00074262 = 5.2132 BTC [-]	[07:18]
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assbot	[MPEX] [S.MPOE] 27470 @ 0.00074524 = 20.4717 BTC [+] {2}	[07:34]
Vexual	I was just thinking about lobbying the senate comittee into bc	[07:35]
Vexual	•nevermind	[07:36]
assbot	[MPEX] [S.MPOE] 1330 @ 0.00074731 = 0.9939 BTC [+]	[07:41]
assbot	[MPEX] [S.MPOE] 5980 @ 0.00074162 = 4.4349 BTC [-] {2}	[07:42]
mircea_popescu	;;ticker	[07:43]
gribble	Bitstamp BTCUSD ticker \| Best bid: 364.12, Best ask: 364.87, Bid-ask spread: 0.75000, Last trade: 364.73, 24 hour volume: 21160.34002102, 24 hour low: 353.75, 24 hour high: 378.11, 24 hour vwap: 376.631827325	[07:43]
mircea_popescu	https://europeanequities.nyx.com/en/content/alexei-v-moiseev-deputy-finance-minister-russian-federation << the phonetics are pretty lulzy.	[07:47]
assbot	Alexei V. Moiseev Deputy Finance Minister of the Russian Federation \| Euronext	[07:47]
mircea_popescu	From 07.1998 to 07.2001 – economist-senior analyst of the market of sovereign instruments in the Department of operations on the market of instruments with fixed rate of return Bank of Pariba, London, Great Britain	[07:47]
mircea_popescu	From 07.2001 to 09.2010 – senior economist, deputy head of Analitic department of «Renessans Capital – Financial Consultant»	[07:47]
mircea_popescu	paribas and renaissance, respectively.	[07:47]
Vexual	friend to pussyriot	[07:49]
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*	donpillou (~donpillou@usve8041.vserver.de) has joined #bitcoin-assets	[07:50]
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decimation	old Republicans see the truth, can do nothing about it: http://www.unz.com/pbuchanan/the-forever-war/	[07:53]
assbot	The Forever War - The Unz Review	[07:53]
decimation	and http://www.unz.com/pbuchanan/war-drums-along-the-potomac/ "Given our horrified and hyperbolic reaction, ISIS can credibly make this boast to the jihadists from Nigeria to the Hindu Kush, from Libya to Iraq, from Somalia to Syria:	[07:54]
decimation	“ISIS is the enemy the Great Satan fears and hates most. ISIS is the Islamist organization that strikes fear into NATO. Not al-Qaida, not Boko Haram, not Ansar al-Sharia, not the al Nusra Front — ISIS."	[07:54]
assbot	War Drums Along the Potomac - The Unz Review	[07:54]
mircea_popescu	lol. as if.	[07:56]
mircea_popescu	narcissus can't quite represent the river in any other terms than the great honor of having reflected his divine beauty ?	[07:56]
decimation	you told me a few hours ago that third world derps are easily impressed/swayed, seems to me that whatever bs cnn is pimping would carry sway with the third world masses	[07:58]
Dimsler	who gives a fuck about the third world masses?	[07:59]
decimation	third world chieftains	[07:59]
Dimsler	coalition of the willing	[07:59]
mircea_popescu	decimation "to the jihadists" ?	[07:59]
mircea_popescu	i think you've mixed the persons.	[07:59]
mircea_popescu	unless you mean specifically the al-sauds, but really, one doesn't need to tell them who strikes fear in the us.	[08:00]
decimation	well you have a point there	[08:00]
mircea_popescu	they know.	[08:00]
decimation	it's true that cnn's bs won't sway that hardened jihadis, but it will carry sway with n00bs who just want to shoot somebody, ie cannon fodder	[08:01]
mircea_popescu	you mean people who don't speak english ?	[08:01]
decimation	all they need to know is that the great satan hates isis	[08:02]
Dimsler	are you seriously saying that CNN has any form of sway	[08:02]
mircea_popescu	they don't need cnn for that.	[08:02]
Dimsler	in any type of government politics	[08:02]
mircea_popescu	or, for that matter, the great satan altogether.	[08:02]
*	Now talking on #bitcoin-assets	[17:40]
*	Topic for #bitcoin-assets is: http://bitcoin-assets.com \|\| http://log.bitcoin-assets.com \|\| http://bash.bitcoin-assets.com \|\| http://blogs.bitcoin-assets.com	[17:40]
*	Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 5 21:58:12 2014	[17:40]
-assbot-	Welcome to #bitcoin-assets. To get voice (ie, to be able to speak), first identify with gribble and then send "!up" to assbot in a private message. If you do not have a WoT account, try politely asking one of the voiced people for a temporary pass.	[17:40]
*	assbot gives voice to mircea_popescu	[17:41]
mircea_popescu	who gives a fuck about the third world masses? << well, at the very least they do. but otherwise, people like anyone else, what, you think the conventional splits of the world become a thing of the world itself ?	[17:42]
mircea_popescu	;;ticker	[17:43]
gribble	Bitstamp BTCUSD ticker \| Best bid: 346.65, Best ask: 347.86, Bid-ask spread: 1.21000, Last trade: 347.87, 24 hour volume: 20245.98463805, 24 hour low: 345.57, 24 hour high: 370.99, 24 hour vwap: 0	[17:43]
mircea_popescu	ding	[17:43]
kakobrekla	https://www.youtube.com/watch?v=IFe9wiDfb0E	[17:47]
assbot	Welcome to Life: the singularity, ruined by lawyers - YouTube	[17:47]
assbot	[MPEX] [S.MPOE] 2950 @ 0.00074528 = 2.1986 BTC [-]	[17:48]
assbot	[MPEX] [S.MPOE] 16365 @ 0.00074925 = 12.2615 BTC [+] {2}	[17:50]
mircea_popescu	o god.	[17:53]
mircea_popescu	http://www.forbes.com/sites/irswatch/2014/10/03/are-virtual-currencies-the-next-offshore-bank-account-for-tax-evaders/	[17:57]
assbot	Are Virtual Currencies The Next Offshore Bank Account for Tax Evaders? - Forbes	[17:57]
mircea_popescu	methinks teh bureaucrats have figured out they can't beat it and they can't buy it.	[17:57]
kakobrekla	save 20% on taxes while lose 50 value	[17:57]
kakobrekla	good deal	[17:58]
assbot	[MPEX] [S.MPOE] 10600 @ 0.00074528 = 7.9 BTC [-]	[17:59]
mircea_popescu	tax evasion is a 20 to 50 year game plan.	[17:59]
mircea_popescu	ye, about twice the lifespan of most governments	[17:59]
kakobrekla	heh	[18:00]
mircea_popescu	tax evasion is all about a)ensuring your own revenue from back in the day you generate revenue, your 20s and 30s, is available to you when you need it, ie your 60s and 70s and b) making sure the fortune you collected will reach the biologic offspring of your choice, rather than the offspring others would prefer.	[18:01]
mircea_popescu	both of these being, of course, quite reasonable goals.	[18:01]
thickasthieves	and the government's lifeline is preventing you from that	[18:05]
mircea_popescu	not necessarily, no. in fact, the government's lifeline is supporting that.	[18:06]
mircea_popescu	the socialist totalitarian state however, can't exist except by stealing from the producers to support the parasites.	[18:06]
mircea_popescu	if it manages to get a cycle going it can for a time overpower legitimate government.	[18:06]
thickasthieves	why is it that states can offer lotto tickets but gambling is illegal mostly?	[18:07]
mircea_popescu	that cycle depends on successfully misrepresenting itself as a legitimate government to the producers, and sufficiently empowering the parasites as to maintain it in power.	[18:07]
mircea_popescu	which is why other than the money supply, socialist totalitarian governments aim for a monopoly in communication and for a particular corrupt rendition of democracy.	[18:07]
*	Quanttek has quit (Ping timeout: 260 seconds)	[18:08]
mircea_popescu	STS, not a bad acronym.	[18:08]
mircea_popescu	i suppose if the "community" wasn't mostly composed of retards, i'd be sponsoring a USG=STS grafitti campaign all over the 50 contiguous states.	[18:09]
mircea_popescu	a well.	[18:09]
thickasthieves	sugar tongue slim	[18:09]
mircea_popescu	yeahimsure.	[18:10]
*	ben_vulp` is now known as ben_vulpes	[18:12]
thickasthieves	"For those that follow S.T.S., you probably know his 3 favorite things, WOMEN, WEED, and what to WEAR. "	[18:12]
*	ben_vulpes has quit (Changing host)	[18:12]
*	ben_vulpes (~user@unaffiliated/benkay) has joined #bitcoin-assets	[18:12]
mircea_popescu	dude srsly ? what's this, glam rap ?	[18:12]
thickasthieves	he's a saint compared to others	[18:13]
*	assbot gives voice to ben_vulpes	[18:13]
mircea_popescu	so you're telling me i could have a rap video produced consisting of sketchy looking black males derping all about how badass they are while being naked and fucking themselves with anal stretchers ?	[18:14]
mircea_popescu	jesus shit i wanna do this now.	[18:15]
thickasthieves	did you hear the gay rapper?	[18:15]
mircea_popescu	that thing's come full circle, it's now gaygsta raep	[18:15]
thickasthieves	(separately, this is the only reason I liek STS https://www.youtube.com/watch?v=E3Ie4CcTGKY)	[18:15]
assbot	STS 16 - BONUS STSisGOLD [Prod. by BearOne] - YouTube	[18:15]
thickasthieves	and for your viewing pleasure https://www.youtube.com/watch?v=8c4jpGG8ew8	[18:16]
mircea_popescu	so formulaic.	[18:16]
assbot	The Gayest Song Of All Time Gay Rapper " Fly Young Red " Music Video Throw That Boy Pxssy " - YouTube	[18:16]
thickasthieves	i just like the groove of that whole sts song	[18:17]
*	PeterL (~peterl@99-36-242-186.lightspeed.sgnwmi.sbcglobal.net) has joined #bitcoin-assets	[18:17]
mircea_popescu	thickasthieves so basically he's trying to be that white guy, what's his name ? the short one	[18:17]
thickasthieves	eminem?	[18:17]
*	daybyter (~andreas@88.134.11.45) has joined #bitcoin-assets	[18:17]
mircea_popescu	yea	[18:17]
thickasthieves	most rappers are at least keeping tabs on him	[18:17]
mircea_popescu	heh.	[18:17]
thickasthieves	he's pretty much the king	[18:17]
thickasthieves	but most dont like to say so	[18:17]
mircea_popescu	isn't that a little ironic incidentally ? lol	[18:18]
thickasthieves	like Elvis	[18:18]
mircea_popescu	yea but elvis was talented.	[18:19]
thickasthieves	eminem is quite talented in that context	[18:19]
mircea_popescu	why is this fly young dood even talking, he can't rap or anything	[18:19]
mircea_popescu	now how do you figure that ?!	[18:19]
thickasthieves	eminem is like the only guy that can do it all	[18:19]
mircea_popescu	i mean sure, he's talented in the sense that he doesn't audibly wheeze like this vocational school reject here.	[18:19]
thickasthieves	freestyle, compose, battle, perform	[18:20]
mircea_popescu	uhh.. k.	[18:20]
mircea_popescu	but he doesn't actually have a voice.	[18:20]
*	Dimsler (~dimsler@17.254.127.199.client.static.strong-in67.as13926.net) has joined #bitcoin-assets	[18:20]
thickasthieves	oh hell no	[18:20]
thickasthieves	he's not a singer	[18:20]
thickasthieves	and many voices would sound better on his own stuff	[18:20]
mircea_popescu	well fuck, im a talented dancer, im the only guy who can walk, dress, eat and sit up on a chair.	[18:20]
mircea_popescu	what is this, hospice olympics ?	[18:20]
thickasthieves	well you dont compare ballet to breakdancing do you?	[18:21]
mircea_popescu	i do, yes.	[18:21]
mircea_popescu	in that i require my ballet experts to breakdance.	[18:21]
thickasthieves	hrm	[18:21]
thickasthieves	youre diffusing me with weirdness	[18:21]
mircea_popescu	good exercise, what. breakdancing is a ballet sub.	[18:22]
mircea_popescu	and fwiw, most opera training includes some sca.	[18:22]
thickasthieves	but the best breakdancer couldnt ballet	[18:22]
mircea_popescu	scat*	[18:22]
thickasthieves	i could see how scat would be good training for certain qualities	[18:23]
mircea_popescu	well that depends. if he's actually good rather than just faking it well (by doing the moves he can do in succession so as to distract from the narrowness)	[18:23]
mircea_popescu	then he could prolly learn pretty fast.	[18:23]
thickasthieves	timing, mouth noise	[18:23]
thickasthieves	but the style of his music doesnt provide much opportunity for displaying it	[18:24]
thickasthieves	though i will say when he does try to sing it's pretty weak	[18:24]
thickasthieves	he goes for more of chant thing usually	[18:24]
thickasthieves	and his voice is always heavily processed	[18:24]
thickasthieves	doubled and such	[18:24]
punkman	know any rappers that can actually sing?	[18:24]
*	assbot gives voice to PeterL	[18:24]
mircea_popescu	there were some girls	[18:25]
thickasthieves	yeah, pharcyde	[18:25]
thickasthieves	outkast	[18:25]
thickasthieves	en vogue	[18:25]
thickasthieves	:)	[18:25]
ben_vulpes	pharell williams	[18:25]
*	stormlight (~stormligh@c-24-23-228-87.hsd1.ca.comcast.net) has joined #bitcoin-assets	[18:25]
thickasthieves	i dont like his voice	[18:25]
thickasthieves	he sings very generic	[18:25]
assbot	[MPEX] [S.MPOE] 46450 @ 0.0007484 = 34.7632 BTC [+] {3}	[18:25]
ben_vulpes	i sign the song generic	[18:25]
ben_vulpes	all pop songs are generic man	[18:25]
thickasthieves	i always thought happy should have been sung by ceelo	[18:25]
ben_vulpes	oh yeah forget ye not ceelo	[18:26]
thickasthieves	ceelo is a rapper that can sing	[18:26]
*	dnaleor has quit (Ping timeout: 244 seconds)	[18:26]
thickasthieves	he doesnt rap much anymore tho	[18:26]
ben_vulpes	expanding horizons	[18:26]
thickasthieves	such a creepy dude	[18:26]
mircea_popescu	thickasthieves incidentally, you know what else includes breakdancing ? horseback riding lol	[18:27]
ben_vulpes	?	[18:28]
mircea_popescu	or at least, a lulzy subset of breakdancing consising of "hei guise i've just been thrown at speed fron three feet up, look what i can do"	[18:28]
thickasthieves	hehe	[18:28]
thickasthieves	gymastics	[18:28]
mircea_popescu	no but srsly, "how to safely fall"	[18:28]
thickasthieves	n	[18:28]
thickasthieves	i believe it	[18:28]
thickasthieves	falling is a skill in many sports	[18:29]
mircea_popescu	actually, the one fad i most regret is parkour	[18:29]
ben_vulpes	capoeira is also a superset of breakdancing then	[18:29]
mircea_popescu	in the 90s i was hoping for it to take over the world,	[18:29]
thickasthieves	the videos are fun	[18:30]
thickasthieves	for about 10min	[18:30]
mircea_popescu	ben_vulpes tbh i think the other way around	[18:30]
thickasthieves	kinda like watching skateboarding videos	[18:30]
mircea_popescu	thickasthieves not as much as a performance sport. more like an erryday activity.	[18:30]
thickasthieves	capoeira very dancey	[18:30]
ben_vulpes	capoeira's definitly older.	[18:30]
ben_vulpes	my dance set theory's weak though.	[18:31]
thickasthieves	yeah itd be cool if humans were all jumpy	[18:31]
thickasthieves	ninja swing out of my car to the trunk in one move, cuz why not	[18:31]
ben_vulpes	but go on with the parkour, mircea	[18:31]
mircea_popescu	i suppose western obesity had a lot to do with why it didn't catch over here,	[18:31]
mircea_popescu	but dayum, the chink kids are all thin and shit.	[18:31]
mircea_popescu	ninja swing out of my car to the trunk in one move, cuz why not << that.	[18:32]
ben_vulpes	thickasthieves: the passenger door dun work on my wheelbox, i ninja escape over the stick frequently	[18:32]
*	ben_vulpes is enrolling in the b-a paupery competition	[18:32]
mircea_popescu	ben_vulpes you know how the passanger door stops working right ?	[18:33]
ben_vulpes	...	[18:33]
ben_vulpes	it's specifically the internal release, but go on.	[18:33]
thickasthieves	ben_vulpes is enrolling in the b-a paupery competition /// arbeit macht frei	[18:33]
mircea_popescu	loser dude with no crib to take the bitches at keeps bringing teenaged priss puss over to this ravine or w/e, asks them to do things much to their indignant surprise,	[18:34]
mircea_popescu	so they get out and slam the door.	[18:34]
mircea_popescu	after a few years...	[18:34]
ben_vulpes	thickasthieves: it's one of those "ask a guy who likes flying if he'd rather have 500K or a 6-seater" situations	[18:34]
ben_vulpes	lol mircea_popescu in this situation it's probably my own hulk-smash behavior	[18:35]
mircea_popescu	you mean ask a rap artist if he'd rather have 10k or 100 speed balls for his contract advance ?	[18:35]
ben_vulpes	shit's gotta be robust to survive proximate to me	[18:35]
ben_vulpes	rap artist == drug addict?	[18:35]
thickasthieves	smart rapper gets half and half	[18:35]
thickasthieves	:)	[18:35]
mircea_popescu	ahahhhaha	[18:35]
mircea_popescu	!b 6	[18:35]
assbot	Last 6 lines bashed and pending review. ( http://dpaste.com/1XSGQAJ.txt )	[18:35]
mircea_popescu	so much win there	[18:35]
mircea_popescu	and incidentally,	[18:37]
mircea_popescu	;;google teenaged priss puss	[18:37]
gribble	Cute teen brunette pussy fantasy sex - Free Porn Videos - YouPorn: ; Banned in Bikini Bottom - Encyclopedia SpongeBobia - The ...: ; Banned in Bikini Bottom (transcript) - Encyclopedia SpongeBobia ...: (1 more message)	[18:37]
mircea_popescu	spongebobia hm ?	[18:37]
mircea_popescu	http://www.youtube.com/watch?v=jPO5VDoDGLM	[18:41]
assbot	Creole Love Call - Adelade Hall - YouTube	[18:41]
thickasthieves	looks like final capitulation is this weekend	[18:41]
mircea_popescu	never.	[18:41]
thickasthieves	i think you mena something else ;)	[18:42]
thickasthieves	mean	[18:42]
mircea_popescu	and i would like the permanent record to reflect the fact that this is going to be the high water mark for all time.	[18:42]
*	stormlight has quit (Ping timeout: 244 seconds)	[18:42]
thickasthieves	you mean this low will neve rbe seen again?	[18:42]
mircea_popescu	the next pass, if fucking sponsored by the UN, if it has a special international institution created, won't get as far.	[18:43]
mircea_popescu	thickasthieves not specifically the price itself. more holistically speaking.	[18:43]
thickasthieves	still so many threats to experience though	[18:43]
mircea_popescu	yeah.	[18:44]
mircea_popescu	all for the other side.	[18:44]
mircea_popescu	totally insufficient experience of what threat really means.	[18:44]
thickasthieves	my new fear is how the hell can we keep exchange points from making btc, or paper copy markets	[18:45]
thickasthieves	basically any unnatural inflation	[18:45]
*	TheNewDeal (ae1429d7@gateway/web/cgi-irc/kiwiirc.com/ip.174.20.41.215) has joined #bitcoin-assets	[18:45]
mircea_popescu	by taking delivery.	[18:45]
thickasthieves	but surely some will play in instruments or environments that dont	[18:46]
mircea_popescu	and go bankrupt and lose their pot.	[18:46]
thickasthieves	and surely some of those may influence whole market	[18:46]
mircea_popescu	the high mark of that was pirate, actually.	[18:46]
mircea_popescu	what one sole idiot with the help of a bunch of retarded community members accomplished in 2011	[18:46]
mircea_popescu	can't now be reproduced by the usg, with the help of a smaller bucnh of much more retarded "community" members.	[18:47]
thickasthieves	ethereum will be another node on the timeline	[18:47]
mircea_popescu	yeah but buterin of 2014 is no gigavps of 2011	[18:47]
ben_vulpes	the etf	[18:47]
ben_vulpes	that one kinda makes my knees shake a bit	[18:47]
mircea_popescu	what one is that ?	[18:47]
thickasthieves	i'm kinda thinking that WinklETF aint happening	[18:48]
ben_vulpes	all the american tards who "buy" "btc" via schwab	[18:48]
thickasthieves	COIN	[18:48]
ben_vulpes	thickasthieves: coin?	[18:48]
mircea_popescu	ben_vulpes eh let them have their fun, if they bought tesla it'd be no different.	[18:48]
thickasthieves	i was reasding how the application says they plan to use BTCE, bitfinex etc for it	[18:48]
*	assbot gives voice to TheNewDeal	[18:48]
thickasthieves	COIN is the ticker for the wink ETF	[18:48]
ben_vulpes	ah yeah	[18:48]
ben_vulpes	not even buying otc?	[18:49]
mircea_popescu	how would they lol	[18:49]
ben_vulpes	how are they going to feed that thing without driving the price around like crazy on the playchanges	[18:49]
thickasthieves	i dont recall, but my point is that wtf put btce in your plan	[18:49]
mircea_popescu	recall, most of the scams unwinding in the scamspace, bfl, mtgox, etc all tried to use the otc and got rejected.	[18:49]
ben_vulpes	what specifically are you talking about, their index or their paper?	[18:49]
mircea_popescu	the otc is in fact incredibly effectual at policing	[18:50]
thickasthieves	it says in the doc something like "btce is run by anonymous parties purported to be in bulgaria"	[18:50]
thickasthieves	like the sec will approve that	[18:50]
ben_vulpes	no man	[18:50]
ben_vulpes	COIN is a tool of the USG, the SEC will approve whatever it takes to get fake btc into american hands.	[18:50]
*	assbot gives voice to Dimsler	[18:51]
Dimsler	btc-e rocks	[18:51]
Dimsler	best kept secret since bitcoin	[18:51]
thickasthieves	til it pops	[18:51]
kakobrekla	O_o	[18:51]
Dimsler	till what pops	[18:51]
Dimsler	its been the most stable buisness in btc	[18:52]
thickasthieves	at best they are running some kind of arb scheme	[18:52]
thickasthieves	at worst they are printing btc to keep their price down to do same	[18:52]
Dimsler	the btc-e crew is in it for the long run	[18:52]
kakobrekla	etc all tried to use the otc < eh?	[18:52]
Dimsler	not sure what you're rambling about	[18:52]
thickasthieves	no one really withdraws cash from btce	[18:52]
thickasthieves	so you kinda have to pay admission to trade ther eby selling your btc cheap	[18:53]
thickasthieves	somethings fishy	[18:53]
Dimsler	whats fishy about it	[18:53]
Dimsler	the load in percentage	[18:53]
Dimsler	is reflected in the sale price	[18:53]
thickasthieves	;;ticker --market all	[18:54]
gribble	Bitstamp BTCUSD last: 345.39, vol: 20360.85658159 \| BTC-E BTCUSD last: 330.49, vol: 12046.80378 \| Bitfinex BTCUSD last: 345.11, vol: 25709.08908204 \| CampBX BTCUSD last: 350.0, vol: 45.18495335 \| BTCChina BTCUSD last: 344.116476, vol: 41585.37640000 \| Kraken BTCUSD last: 341.99671, vol: 8.87086436 \| Bitcoin-Central BTCUSD last: 352.923, vol: 84.94255978 \| Volume-weighted last (1 more message)	[18:54]
thickasthieves	^ thats whats fishy	[18:54]
Dimsler	costs about %5 to load into btc-e	[18:54]
Dimsler	you know what	[18:54]
Dimsler	just shutup	[18:54]
thickasthieves	lol	[18:54]
Dimsler	you have no idea wha tyou're talking about	[18:54]
thickasthieves	sore spot?	[18:54]
Dimsler	for what?	[18:55]
thickasthieves	nvm	[18:55]
ben_vulpes	costs 5% to put cash or coins into it?	[18:55]
Dimsler	correct	[18:55]
Dimsler	using any of the available wmz brokers etc.	[18:55]
Dimsler	btc-e uses a back bone of all the scam russian e-currencies to load in	[18:55]
Dimsler	bless them for operating and existing this long	[18:55]
ben_vulpes	lol this is a dark corner of the internet i have no truck with	[18:55]
thickasthieves	dimsler have you ever wd cash from btce?	[18:56]
thickasthieves	i keep asking and cant find anyone	[18:56]
Dimsler	i've done sepa from btc	[18:56]
Dimsler	e	[18:56]
Dimsler	and wmz	[18:56]
thickasthieves	how long ago	[18:57]
Dimsler	constantly	[18:57]
thickasthieves	word	[18:57]
Dimsler	i hedge my clients on there exchange	[18:57]
Dimsler	by picking up short contracts	[18:57]
kakobrekla	;;bc,stats	[18:57]
gribble	Current Blocks: 323803 \| Current Difficulty: 3.466142592397694E10 \| Next Difficulty At Block: 324575 \| Next Difficulty In: 772 blocks \| Next Difficulty In About: 5 days, 1 hour, 53 minutes, and 41 seconds \| Next Difficulty Estimate: 34111908469.2 \| Estimated Percent Change: -1.58539	[18:58]
Dimsler	my hope is that btc-e doesn't get ruined, the guy said he wants to keep the entire exchange out of the btc nerd limelight	[18:58]
thickasthieves	theyre doing something right	[18:59]
kakobrekla	you cant get destroyed by your users unless you have a faulty product	[18:59]
Dimsler	the actual operation is russian	[18:59]
Dimsler	they had to move out to bulgaria since the russians are derp on bitcoin	[19:00]
thickasthieves	seems they could be a target for AML problems	[19:00]
Dimsler	correct	[19:00]
Dimsler	best btc exchange are in non-oecd and non-us-extradition treaty areas	[19:00]
Dimsler	where no one really gives a shit	[19:00]
kakobrekla	bitstamp is the best	[19:01]
Dimsler	no bitstamp is not the best	[19:01]
kakobrekla	have you seen the css?	[19:01]
mircea_popescu	its been the most stable buisness in btc << nah, mpex is actually older.	[19:01]
Dimsler	try withdrawing 50k+ and see how bad they own you	[19:01]
kakobrekla	clearly has not seen the css.	[19:01]
Dimsler	mircea_popescu, i meant to add, that deal with usd exchange	[19:01]
assbot	[HAVELOCK] [PETA] [PAID] 4.54245260 BTC to 1`149`988 shares, 395 satoshi per share	[19:02]
Dimsler	kakobrekla, sorry no, i'm not familiar with what css means	[19:02]
thickasthieves	bitstamp is great for releasing btc though	[19:02]
mircea_popescu	" i hedge my clients on there exchange" << this will need some clarification.	[19:02]
Dimsler	mircea_popescu, if a client wants coins, before i deliver, i short on there exchange with mt4	[19:02]
Dimsler	to lock in there price	[19:02]
kakobrekla	Dimsler sorry my sarcasm engine is stuck on on.	[19:03]
mircea_popescu	;;gettrust Dimsler	[19:03]
*	bitstein has quit (Quit: bitstein)	[19:03]
gribble	Currently authenticated from hostmask Dimsler!~dimsler@17.254.127.199.client.static.strong-in67.as13926.net. Trust relationship from user mircea_popescu to user Dimsler: Level 1: 1, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=Dimsler \| WoT data: http://b-otc.com/vrd?nick=Dimsler \| Rated since: Tue Oct 22 13:51:07 2013	[19:03]
mircea_popescu	so where are these clients ?	[19:03]
kakobrekla	still, great css.	[19:03]
Dimsler	lol obviously not infront of a computer screen	[19:03]
mircea_popescu	so you deal btc in person in your geographical area and use btc-e to float the spot risk ?	[19:03]
Dimsler	else they would do it themselves	[19:03]
kakobrekla	!down kakobrekla stop it already	[19:03]
*	assbot has kicked kakobrekla from #bitcoin-assets (Bye.)	[19:04]
mircea_popescu	o.O	[19:04]
*	kakobrekla (~kako@unaffiliated/kakobrekla) has joined #bitcoin-assets	[19:04]
Dimsler	who else would allow you to do that	[19:04]
*	assbot gives voice to kakobrekla	[19:04]
Dimsler	they offer 3:1 leverage	[19:04]
*	stormlight (~stormligh@c-24-23-228-87.hsd1.ca.comcast.net) has joined #bitcoin-assets	[19:04]
thickasthieves	bfx is 3.3:1	[19:04]
mircea_popescu	lol nm.	[19:04]
Dimsler	yes correct	[19:04]
mircea_popescu	anyway, btc-e has indeed been around for a long time, and no i don't know anything substantial against them, so.	[19:04]
Dimsler	bitfinex is also super decent	[19:04]
assbot	[HAVELOCK] [B.MINE] [PAID] 1.11972744 BTC to 15`436 shares, 7254 satoshi per share	[19:05]
mircea_popescu	they had the original altcoin premine scam,	[19:05]
Dimsler	yes they were given premined shares to list up those junk coins	[19:05]
mircea_popescu	that was scammy at the time but by now even the usg is doing it, so it seems to have been legalised ipso facto	[19:05]
thickasthieves	so with diff going down, is it time to scoop up mining contracts?	[19:05]
mircea_popescu	thickasthieves only with people who'll actually deliver. like say X-Rob here :p	[19:06]
Dimsler	neg	[19:06]
mircea_popescu	imagine this shit, the first time i actually buy a mining future contract, i actually get a great deal on it.	[19:06]
thickasthieves	heh	[19:06]
Dimsler	the time to pickup mining contracts is when the nerds are swinging from the rafters in there basements	[19:06]
assbot	[MPEX] [S.MPOE] 13600 @ 0.00074528 = 10.1358 BTC [-]	[19:07]
kakobrekla	you also bought gigavps for etf	[19:07]
kakobrekla	or what was it	[19:07]
*	kakobrekla rains on parade	[19:07]
mircea_popescu	i suppose that should count too huh.	[19:08]
mircea_popescu	i dunno if i can mix being scammed with not being scammed but not making a profit.	[19:08]
kakobrekla	:p	[19:08]
Dimsler	lol	[19:08]
mircea_popescu	15.08.14 00:00 from admin	[19:08]
mircea_popescu	Dear participants of the BTC-e.com The cases of hacking accounts with the use of viruses disguised as trade bots, trading platform, and also subscription for mailout, from which you may catch a virus if you follow a link in it, became more frequent.	[19:08]
TheNewDeal	was giga selling mining contracts?	[19:09]
mircea_popescu	this guy thinks in posix lol	[19:09]
Dimsler	lol btc-e is hardcore targeted	[19:09]
Dimsler	they sit on tor exit nodes	[19:09]
Dimsler	sniffing packets	[19:09]
mircea_popescu	"Do you accept any alternate forms of payment such as Debit/Credit Cards?" that part is pretty win.	[19:09]
Dimsler	waiting for btc-e traffic to change withdrawl address'	[19:09]
mircea_popescu	so i gather you have a btc-e account and work as a broker ?	[19:10]
Dimsler	more of a hobby at this point	[19:10]
Dimsler	must pump the value of coins to swell my own	[19:11]
Dimsler	the bitcoin paradox	[19:11]
mircea_popescu	"Any undertaking carried out with Bitcoin (BTC) will begin immediately, though it may be up to 24 hours before it is reflected in your BTC-e account. BTC-e executes all account withdrawals right away or in 1-2 days."	[19:11]
mircea_popescu	lol "hey guise, we're mpex!1"	[19:11]
mircea_popescu	so then if you have a large stash of your own coin, why do you need to hedge on any website ?!	[19:11]
Dimsler	well wait a minute	[19:12]
Dimsler	why should i take on any form of exposure	[19:12]
Dimsler	when theres a service that does it for me on a nominal fee	[19:12]
mircea_popescu	inasmuch as you have a stash, you already took a form of exposure.	[19:12]
mircea_popescu	if you're looking to "pump to sell your own coins", the moment you found a buyer you sell and that';s it.	[19:13]
kakobrekla	;;ticker	[19:13]
gribble	Bitstamp BTCUSD ticker \| Best bid: 341.0, Best ask: 341.42, Bid-ask spread: 0.42000, Last trade: 341.0, 24 hour volume: 22881.12349634, 24 hour low: 340.0, 24 hour high: 368.74, 24 hour vwap: 0	[19:13]
Dimsler	i think you're being eluded by context here	[19:13]
mircea_popescu	that'd be a new one.	[19:13]
Dimsler	nevermind what i'm personally doing with my coins	[19:14]
Dimsler	it has nothing to do with my arbitraging that i do as a side buisness	[19:14]
Dimsler	there is no correlation	[19:14]
mircea_popescu	well, you made the correlation, i'm just trying to follow.	[19:14]
mircea_popescu	are we cancelling it ?	[19:14]
Dimsler	yes because it was taken a tad bit out of context	[19:15]
Dimsler	as is it was an overall generalization of pumping bitcoins to future buyers	[19:15]
Dimsler	at todays price theres 400million worth of coin that needs to be bought up	[19:16]
mircea_popescu	mkay so the situation is that you have a btc-e account and work as a broker, but when i asked you the first time you figured it's a good moment to insert a pretense of significant holdings you don't actually hold, and in doing so inadvertently blew to bits your earlier description of your actual activity, which was up to that point correct.	[19:16]
Dimsler	this year	[19:16]
Dimsler	in order to keep the price up	[19:16]
Dimsler	mircea_popescu, there is no situation, lets stick to ambiguity and vaugness	[19:17]
*	Trix is now known as trixisowned	[19:17]
mircea_popescu	mkay	[19:19]
thickasthieves	china plowing the price down	[19:20]
mircea_popescu	better than belgium.	[19:20]
thickasthieves	;;ticker	[19:20]
gribble	Bitstamp BTCUSD ticker \| Best bid: 336.0, Best ask: 336.17, Bid-ask spread: 0.17000, Last trade: 336.17, 24 hour volume: 23602.59468842, 24 hour low: 335.23, 24 hour high: 368.74, 24 hour vwap: 0	[19:20]
Dimsler	the price is being plowed down by the lack of fresh money	[19:20]
thickasthieves	yep	[19:20]
thickasthieves	need dat new blood	[19:21]
thickasthieves	keep the ponzi going	[19:21]
Dimsler	i've already explained that ages ago	[19:21]
Dimsler	http://www.reddit.com/r/Bitcoin/comments/20iem7/the_bitcoin_network_costs_nearly_1_billion_a_year/	[19:21]
assbot	The Bitcoin network costs nearly $1 billion a year to run. : Bitcoin	[19:21]
Dimsler	you can catch my post here	[19:21]
punkman	so I rewrote deedbot basics, will work on supybot plugin soon	[19:21]
mircea_popescu	;;rated punkman	[19:22]
gribble	You rated user punkman on Fri May 16 09:11:15 2014, with a rating of 1, and supplied these additional notes: Talent scout and secret agent..	[19:22]
thickasthieves	i wonder if days like this make bitpay sweat	[19:22]
mircea_popescu	punkman my love for you is inflaming.	[19:22]
mircea_popescu	thickasthieves nah notrly.	[19:22]
punkman	working on electrum integration now	[19:23]
mircea_popescu	Dimsler how could one catch your post there, seeing how there's no dimsler ?	[19:23]
mircea_popescu	"I want to make this clear. This is not the result of a conspiracy or collusion. This is the outcome of flawed economic incentives and the reaction to them by participants. Hardware used to mine is irrelevant. The underlying rationale regarding distribution of newly created bitcoins is flawed."	[19:23]
mircea_popescu	lmao reddit entitlement derpage.	[19:23]
Dimsler	no	[19:23]
mircea_popescu	"it's flawed because the government should get it to give it to us why should some people get it to do whatever they feel like onoes"	[19:23]
mircea_popescu	"Contrary to popular belief, a rising bitcoin price ends up damaging liquidity instead of improving it. Miners are encouraged to cashout their huge gains by a rising price. This leads to volatility across the board via crashes. The volatility makes it too difficult to perform economic calculation in BTC."	[19:24]
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mircea_popescu	fucktard. for one thing, it STABILIZES the price. which is good.	[19:24]
mircea_popescu	for the other, too hard ? fuck you.	[19:24]
*	bitstein (~bitstein@cpe-72-182-53-175.austin.res.rr.com) has joined #bitcoin-assets	[19:24]
assbot	[HAVELOCK] [HASH] 699 @ 0.00250001 = 1.7475 BTC [-] {4}	[19:24]
Dimsler	lol give me a break you have no idea what you're talking about	[19:24]
mircea_popescu	that would... also be a new one.	[19:24]
Dimsler	satoshi had no idea about economics	[19:24]
mircea_popescu	now how would you know that.	[19:24]
Dimsler	he fucking read murray rothbard and applied his idiotic quantitive theory of money	[19:25]
thickasthieves	at least panic sellers will still have their ETH	[19:25]
Dimsler	which has been debunked for ages	[19:25]
Dimsler	satoshi had no idea how to distribute new coins	[19:25]
kakobrekla	;;ticker	[19:25]
mircea_popescu	looky here. all this would make a lot more sense to you if you read the trilema explanation as to the difference of acting from a cause from acting towards a purpose.	[19:25]
gribble	Bitstamp BTCUSD ticker \| Best bid: 336.0, Best ask: 336.68, Bid-ask spread: 0.68000, Last trade: 335.96, 24 hour volume: 23642.96240402, 24 hour low: 335.23, 24 hour high: 368.74, 24 hour vwap: 0	[19:25]
TheNewDeal	youre ridiculous	[19:25]
mircea_popescu	you're trying to apply the acting towards a purpose approach, because that's all they teach anymore.	[19:25]
Dimsler	you have no idea about economics	[19:25]
mircea_popescu	but in fact, a number of people are not doing any of that.	[19:25]
mircea_popescu	simply acting from causes.	[19:26]
Dimsler	i've read some of your shit	[19:26]
Apocalyptic	for a guy that had no idea he made a pretty good job	[19:26]
Dimsler	it goes completely off tangent	[19:26]
Dimsler	with few merrits	[19:26]
TheNewDeal	"satoshi had no idea about cryptography, or computers for that matter" - dimsler	[19:26]
mircea_popescu	you at all familiar with the ancient art of hermeneutics, Dimsler ?	[19:26]
thickasthieves	dimsler mp is abstract but thats like half the joy of reading	[19:26]
thickasthieves	deciphering	[19:26]
thickasthieves	becuase,	[19:26]
Dimsler	lol i enjoy the abstract	[19:26]
thickasthieves	i learned this from trilema	[19:26]
thickasthieves	,	[19:26]
thickasthieves	translating is understanding	[19:26]
Dimsler	they are good reads	[19:27]
Dimsler	and i read the majority of them	[19:27]
thickasthieves		[19:27]
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Dimsler	but the logic isn't very sound in many of th eposted economic studies	[19:27]
mircea_popescu	ok. so then. satoshi didn't proceed towards this goal or that goal, as presumed by this or that purpose-built theory of economics.	[19:27]
*	belcher_ has quit (Quit: Leaving)	[19:27]
Dimsler	listen	[19:27]
mircea_popescu	he proceeded from basic principle. and he, and a lot of other people, couldn't give less of a shit as to what the ultimate implications are.	[19:27]
Dimsler	bless satoshi	[19:27]
mircea_popescu	it's not that. i don't care about the man's memory or anything. im trying to explain a fundamental difference in approach.	[19:28]
thickasthieves	my main problem with arguments is when they proclaim ideals or extremes are achievable for more than a moment	[19:28]
Dimsler	mircea_popescu, the ultimate implications are going to stifle any form of adoption	[19:28]
mircea_popescu	now how do you know what's going to happen.	[19:28]
mircea_popescu	see, you're trapped in this particular worldview, which falsely promises you somewthing.	[19:28]
Dimsler	because history derp	[19:29]
Dimsler	quantitive money theory fails on any systems its been tried on	[19:29]
mircea_popescu	the way this promise goes is, "if you limit yourself to purpose-theory, you will have privileged access to ultimate effect"	[19:29]
mircea_popescu	this is false. you have no better access than the students of cause-theory, for very good thermodynamic reasons.	[19:29]
mircea_popescu	it's just that THEY do get to control your priors. you do not,	[19:29]
mircea_popescu	instead your priors are controled by the authors of your favourite purpose-theory.	[19:29]
mircea_popescu	which is why you imagine satoshi to be a rothbard tool.	[19:30]
mircea_popescu	because if he had been working in a purpose-theory approach, he would have been.	[19:30]
mircea_popescu	but then again, the proposition that he was is easily falsifiable.	[19:30]
Dimsler	listen don't spin me the arguement here with preppy 101 vocubulary and euphamisms	[19:30]
mircea_popescu	that would... ALSO be a new one.	[19:30]
TheNewDeal	just curious - is it a common practice in any part of the world to brew coffee with snuff?	[19:32]
mircea_popescu	but as a total aside : the quality of your arguments exceeds the quality of your expression, significantly. that means you're smarter than you're read, which is unfortunate. you definitely should read up on and master all that "preppy 101 vocabulary", it's not the waste of time inept pseudo-teachers and pretend-authorities have made it seem.	[19:32]
thickasthieves	dimsler rides the line between enjoyable conversation and troll	[19:32]
mircea_popescu	guy is smart and short fused.	[19:33]
Dimsler	fuck i need some coffee	[19:33]
mircea_popescu	TheNewDeal not afaik. seems a us marketing invention.	[19:33]
mircea_popescu	if you mean snuff=chewing tobacco	[19:33]
TheNewDeal	yes	[19:33]
mircea_popescu	or w/e, insuflating	[19:33]
kakobrekla	id say thats even worse than smoking	[19:34]
*	kleinessteak has quit ()	[19:35]
kakobrekla	tobacco water is used as pesticide	[19:35]
kakobrekla	i wouldnt drink it.	[19:35]
TheNewDeal	how about coffee and liquor? I've heard of many people proposing it, but rare to see it happen in practice	[19:36]
mircea_popescu	you kidding ?	[19:36]
mircea_popescu	that's common.	[19:36]
*	RagnarDanneskjol has quit (Ping timeout: 260 seconds)	[19:37]
thickasthieves	waste of booze imo	[19:38]
kakobrekla	dunno what is your point, but if you want to kill yourself or just want a ruined coffee, there are better ways	[19:38]
TheNewDeal	Is there a specific flavor that's preferred - i.e. brandy?	[19:38]
TheNewDeal	The tobacco was merely a joke	[19:38]
ben_vulpes	caffeine and alcohol is a glorious combination	[19:38]
ben_vulpes	also cocaine and alcohol	[19:38]
mircea_popescu	kakobrekla you can lket coffee grinds sit in alcohol then add sugar, just like anything else.	[19:39]
mircea_popescu	cocoa, too.	[19:39]
mircea_popescu	chicks dig it.	[19:39]
TheNewDeal	Most popular addition I've seen is Baileys, which is basically a flavored creamer you would find at a gas station + small amount of alcohol	[19:39]
thickasthieves	a roommate once put coke in a joint	[19:39]
TheNewDeal	seems like a waste of cannabis imo	[19:39]
TheNewDeal	to each his own	[19:39]
kakobrekla	;;ticker	[19:39]
gribble	Bitstamp BTCUSD ticker \| Best bid: 330.12, Best ask: 332.75, Bid-ask spread: 2.63000, Last trade: 329.15, 24 hour volume: 23585.18803595, 24 hour low: 329.15, 24 hour high: 368.74, 24 hour vwap: 0	[19:39]
mircea_popescu	TheNewDeal liquor is made quite simply : triple alcohol (198 proof or w/e) added to X item of your choice, let sit for a few months. then cut it.	[19:40]
thickasthieves	i said "once" :)	[19:40]
*	DreadKnight has quit (Quit: #AncientBeast - Master Your Beasts ( www.AncientBeast.com ))	[19:40]
mircea_popescu	water, milk, fresh coffee, w/e	[19:40]
kakobrekla	this stops at 0, right? .... right guys?	[19:40]
ben_vulpes	kakobrekla you can lket coffee grinds sit in alcohol then add sugar, just like anything else. << o fuck the things i learn here	[19:40]
asciilifeform	mamushi liquor.	[19:40]
mircea_popescu	kakobrekla no you will owe the internet dollars when this is all done	[19:40]
mircea_popescu	asciilifeform mail omg!!11	[19:40]
TheNewDeal	I don't believe the price of bitcoin can go negative, alas I'm not an economics expert	[19:40]
kakobrekla	on bitstamp only	[19:41]
*	ben_vulpes boggles at the notion of negatively priced btc	[19:41]
TheNewDeal	or mt cox	[19:41]
asciilifeform	mircea_popescu: yes, i'm awake, on it.	[19:41]
mircea_popescu	http://www.cosmicbuddha.com/adam/archives/000341.html re mamushi	[19:41]
assbot	The Presidental Erection (Higo Blog)	[19:41]
mircea_popescu	ben_vulpes it's been known to happen. that's the textbook definition of dekulakization btw : make an asset go negative value in the open market.	[19:42]
mircea_popescu	like currently, working for the usg is a positive value. you get health insurance, a salary, etc.	[19:42]
mircea_popescu	in a few years, it's a negative value. you get tortured.	[19:42]
mircea_popescu	point in case.	[19:42]
Dimsler	mircea_popescu, i like a simple conversation amongst people i share common interests with	[19:42]
mircea_popescu	yeah but most things worth talking about can't be discussed in simple terms.	[19:43]
mircea_popescu	so the practical choice is either "how you doing" "Great! and you ?" "also great" "oh, great!" or else the midnight oil.	[19:43]
ben_vulpes	http://online.wsj.com/articles/california-governor-vetoes-bill-requiring-warrants-for-drone-surveillance-1412007285	[19:45]
assbot	California Governor Vetoes Bill Requiring Warrants for Drone Surveillance - WSJ	[19:45]
mircea_popescu	who's zenithquinn lol	[19:48]
TheNewDeal	;;ticker	[19:50]
gribble	Bitstamp BTCUSD ticker \| Best bid: 338.0, Best ask: 339.76, Bid-ask spread: 1.76000, Last trade: 339.76, 24 hour volume: 25149.13037167, 24 hour low: 325.67, 24 hour high: 368.74, 24 hour vwap: 0	[19:50]
mircea_popescu	http://www.zenithquinn.com/ << so this dude has managed to write a whole site which loads... nothing at all.	[19:52]
assbot	Zenith Quinn Animations - Art - Videos	[19:52]
mircea_popescu	if anyone can get trhough to a contact or something, tell him to drop by	[19:52]
mircea_popescu	punkman: there goes my 350 bet <<< aw shucks!	[19:52]
TheNewDeal	;;ticker -all	[19:52]
gribble	(ticker [--bid\|--ask\|--last\|--high\|--low\|--avg\|--vol] [--currency XXX] [--market \|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the (1 more message)	[19:52]
Dimsler	maybe thats the premise for humanity	[19:52]
mircea_popescu	300 next ? 250 ? 100 ?	[19:53]
TheNewDeal	400	[19:53]
Dimsler	in the end its nothingness	[19:53]
Dimsler	whens the next reward halving again?	[19:53]
punkman	;;halfreward	[19:53]
gribble	Estimated time of bitcoin block reward halving: Tue Aug 2 17:11:59 2016 UTC \| Time remaining: 1 year, 43 weeks, 2 days, 0 hours, 20 minutes, and 0 seconds.	[19:53]
mircea_popescu	coupla years out	[19:54]
TheNewDeal	1.43 ;)	[19:55]
mircea_popescu	;;calc 43/52	[19:55]
gribble	0.826923076923	[19:55]
mircea_popescu	1.82	[19:55]
Dimsler	i think at 250 theres going to a miner bust out	[19:55]
TheNewDeal	un chiste	[19:55]
Dimsler	or liquidation	[19:55]
Dimsler	especially if it carries through for a few months	[19:56]
TheNewDeal	already seems like some miner hesitation at sub 400	[19:56]
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mircea_popescu	definiotely most of the midrange and plenty of the larger mining outfits have just about zero contingency and financial planning in place	[20:00]
mircea_popescu	so yeah, if it goes too low for too long they'll be dropping like flies	[20:01]
*	assbot gives voice to The20YearIRCloud	[20:03]
The20YearIRCloud	That absolutely shocks me	[20:03]
mircea_popescu	ben_vulpes check it out, you ddosed justitia.com	[20:03]
mircea_popescu	https://supreme.justia.com/cases/federal/us/294/330/case.html	[20:03]
assbot	Perry v. United States :: 294 U.S. 330 (1935) :: Justia US Supreme Court Center	[20:03]
mircea_popescu	o.O	[20:03]
mircea_popescu	i r banned ?!	[20:03]
mircea_popescu	hm looks like just a glitch. nm.	[20:03]
ben_vulpes	looks like it	[20:03]
thickasthieves	bfx swaps at all time high	[20:04]
thickasthieves	12358btc shorted	[20:04]
mircea_popescu	that's all ?!	[20:04]
mircea_popescu	wasn't that thing supposed to be like huge and shit ?	[20:04]
thickasthieves	;;market buy 12000	[20:04]
gribble	Bitstamp \| A market order to buy 12000 bitcoins right now would take 5392647.4421 USD and would take the last price up to 596.8700 USD, resulting in an average price of 449.3873 USD/BTC. \| Data vintage: 0.0393 seconds	[20:04]
mircea_popescu	o wait, i forgot, the wash trading sort of huge. a trillion just as long as it's done in 100 increments. nm me.	[20:04]
thickasthieves	bfx is not a volume leader anymore	[20:05]
thickasthieves	its china remember	[20:05]
thickasthieves	:)	[20:05]
thickasthieves	okcoin	[20:05]
mircea_popescu	so bitcoincharts.com died yest or what.	[20:06]
thickasthieves	they dont list okcoin	[20:07]
thickasthieves	interesting	[20:07]
thickasthieves	nor huobi	[20:07]
*	assbot gives voice to dignork	[20:08]
assbot	[MPEX] [S.MPOE] 1450 @ 0.00074936 = 1.0866 BTC [+]	[20:09]
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punkman	here you go http://btckan.com/price	[20:10]
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thickasthieves	lol look at 796 futures	[20:12]
thickasthieves	i think they do 10:1 margin	[20:12]
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thickasthieves	322000btc volume	[20:12]
thickasthieves	24h	[20:12]
thickasthieves	thats healthy	[20:14]
mircea_popescu	lol	[20:14]
mircea_popescu	nobody ever heard of them or dealt with them, but sure, 300k bitcoin.	[20:14]
The20YearIRCloud	heh	[20:15]
mircea_popescu	i imagine all over egypt/albania/kyrgiztan/whatever, in all sorts of small rural hamlets with a single internet lifeline, all sorts of adolescent boys are pretending like they got the millionz of btc	[20:16]
The20YearIRCloud	Yeah	[20:19]
The20YearIRCloud	anything fun attracts those types	[20:19]
The20YearIRCloud	It's amazing how people value things - I was at a property auction, house was worth $45k , i wanted it for $35k, and people bid it to $55k due to ego	[20:23]
assbot	AMAZING COMPANY!	[20:23]
mircea_popescu	or maybe due to wanting it ?	[20:23]
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assbot	[MPEX] [S.MPOE] 23488 @ 0.00074945 = 17.6031 BTC [+]	[20:26]
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The20YearIRCloud	Quite possibly, however from my standpoint there wasn't anything special with it. Heck there's a home right next to it for sale they could of got for less with the same features	[20:29]
mircea_popescu	for all you know this one had ten pounds of gold coins burried in the back yard.	[20:30]
The20YearIRCloud	So why's btc around 335 today?	[20:34]
mircea_popescu	ongoing pricewarz	[20:34]
thickasthieves	recalibrating	[20:35]
thickasthieves	too many of the wrong people had coins	[20:35]
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assbot	[MPEX] [S.MPOE] 19706 @ 0.00074871 = 14.7541 BTC [-] {2}	[20:41]
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mircea_popescu	!up hatchmo	[20:42]
-assbot-	You voiced hatchmo for 30 minutes.	[20:42]
*	assbot gives voice to hatchmo	[20:42]
mircea_popescu	it occurs to me that the web2.0 replacement of / with ÷ is one of the most idiotic things ever done	[20:45]
mircea_popescu	that thng looks like a + on a small scale.	[20:45]
*	PeterL (~peterl@99-36-242-186.lightspeed.sgnwmi.sbcglobal.net) has joined #bitcoin-assets	[20:45]
mircea_popescu	why this constant braindamnged need to "improve" by ruining everything	[20:46]
Dimsler	LOL	[20:46]
thickasthieves	back to the caves i say!	[20:46]
hatchmo	what do you guys think of circle?	[20:48]
thickasthieves	horrible interface	[20:49]
Dimsler	unsustainable	[20:49]
hatchmo	because of the lack of direct transaction fees?	[20:50]
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thickasthieves	well the only thing of value they provide is a connection to banks, right?	[20:52]
thickasthieves	coinbase is at least getting their 1%	[20:53]
thickasthieves	something has to give	[20:53]
TheNewDeal	coinbase gets much more than 1%	[20:54]
assbot	[MPEX] [S.MPOE] 26473 @ 0.00074961 = 19.8444 BTC [+] {2}	[20:54]
TheNewDeal	they deliver 5 business days after, which basically turns into an option priced in at 1% above current price, 4 days out	[20:54]
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assbot	[MPEX] [S.MPOE] 3641 @ 0.00074969 = 2.7296 BTC [+]	[20:55]
hatchmo	you can buy instantly on coinbase TheNewDeal	[21:01]
TheNewDeal	thought that was for an increased fee	[21:01]
penguirker	New blog post: http://trilema.com/2014/fderp-september-2014-statement/	[21:02]
hatchmo	you have to provide a credit card TheNewDeal	[21:03]
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mircea_popescu	hatchmo http://mpex.ws/?mpsic=D.CIFI	[21:07]
assbot	D.CIFI last @0.00000000	[21:07]
hatchmo	what is dcifi?	[21:08]
mircea_popescu	circle synthetic equivalent.	[21:09]
mircea_popescu	;;seen DanielKrawisz	[21:13]
gribble	DanielKrawisz was last seen in #bitcoin-assets 1 day, 13 hours, 57 minutes, and 57 seconds ago: No, why?	[21:13]
mircea_popescu	;;later tell DanielKrawisz http://trilema.com/2012/the-politics-of-bitcoin/ << this 2012 article, of course.	[21:13]
gribble	The operation succeeded.	[21:13]
assbot	The politics of Bitcoin pe Trilema - Un blog de Mircea Popescu.	[21:13]
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mircea_popescu	!up GodHatesFigs	[21:18]
-assbot-	You voiced GodHatesFigs for 30 minutes.	[21:18]
*	assbot gives voice to GodHatesFigs	[21:18]
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GodHatesFigs	buying all dem bargain bitcoins	[21:25]
mod6	i had a dream last night that it went down to $6 again, and i tried to back up a truck	[21:26]
mircea_popescu	and then you bought 30k's worth and it was back to 1200 ?	[21:28]
GodHatesFigs	$6; $335 - it's all the same :)	[21:28]
mod6	higher. :)	[21:30]
mod6	x10	[21:30]
mircea_popescu	lol	[21:32]
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mod6	eep! host laaaag	[21:35]
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mod6	well, it reconnected in #altcoin, i should merge that change.	[21:36]
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assbot	[MPEX] [S.MPOE] 8600 @ 0.00074786 = 6.4316 BTC [-] {2}	[21:43]
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assbot	[HAVELOCK] [AM1] 4 @ 0.17 = 0.68 BTC [-]	[21:49]
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kakobrekla	so thickasthieves did you start pasting the 300 bet around yet?	[22:14]
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mircea_popescu	;;ticker	[22:14]
gribble	Bitstamp BTCUSD ticker \| Best bid: 337.43, Best ask: 338.55, Bid-ask spread: 1.12000, Last trade: 337.65, 24 hour volume: 26940.07119603, 24 hour low: 325.67, 24 hour high: 367.1, 24 hour vwap: 0	[22:14]
mircea_popescu	lol i thought it crossed.	[22:14]
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mircea_popescu	"Busco mujeres para fotos artisticas en Buenos Aires.	[22:16]
mircea_popescu	Fotos de desnudos, fotos color & blanco y negro.	[22:16]
mircea_popescu	Mujeres jovenes. Cualquier tipo de cabello, color de piel y ojos. Con ganas de modelar para fotos artisticas cuidadas.	[22:16]
mircea_popescu	A cambio puedo ofrecerte copia de las fotos para tu propio book. Si estas interesada enviame un mail con una foto tuya a color y mail o telefono para contactarme.	[22:16]
mircea_popescu	NO ES PAGO. ES POR CANJE DE FOTOS POR MODELAJE"	[22:16]
mircea_popescu	this is the fucking competition lmao. free modelling for art!!1	[22:17]
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thickasthieves	i didnt see the 300 bet	[22:25]
thickasthieves	i linked it :)	[22:27]
thickasthieves	i'll be rolling is referral satoshis! mwoohahaha	[22:28]
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thickasthieves	i was thinking not very hard about whether the fact that it costs 5% to get money into btce is actually a sound reason for BTCUSD to be 5% cheaper there	[22:30]
thickasthieves	i dont think most markets factor in fees so efficiently	[22:30]
thickasthieves	or am i missing something	[22:31]
mircea_popescu	if it's a sellers market	[22:31]
mircea_popescu	otherwise, it should conceivably be 5% more expensive.	[22:31]
jurov	lol i'm scanning a bunch of stuff and noticed my household insurance specifically excludes "caused by improper date calculation by computer"	[22:33]
thickasthieves	y2k!	[22:33]
jurov	"i had a fire in my flat" "twas improper date calculation, gtfo"	[22:34]
mircea_popescu	lmao y2k left over.	[22:34]
thickasthieves	probly just avoiding trolls	[22:35]
jurov	how would that help against trolls?	[22:36]
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jurov	they are trolls. i fully expect, if my washmachine causes a flood, them to ask if it has a microcontroller	[22:37]
assbot	[MPEX] [S.MPOE] 13126 @ 0.00074781 = 9.8158 BTC [-]	[22:37]
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thickasthieves	i assume one asshole says y2k made my pc catch fire	[22:39]
thickasthieves	and theyre like uh no fuck this	[22:39]
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thickasthieves	but who knows	[22:41]
jurov	how it is different from pc catching fire from faulty physical component?	[22:42]
jurov	afaik such case is covered	[22:42]
thickasthieves	i dont do insurance, but maybe there are aspects that can be your fault	[22:43]
thickasthieves	like overclocking	[22:43]
thickasthieves	no idea	[22:43]
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jurov	yes, that's another thing, if they come to suspect OC	[22:44]
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assbot	[MPEX] [S.MPOE] 20148 @ 0.00074892 = 15.0892 BTC [+] {2}	[22:57]
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thickasthieves	;;ticker	[23:07]
gribble	Bitstamp BTCUSD ticker \| Best bid: 324.19, Best ask: 324.83, Bid-ask spread: 0.64000, Last trade: 324.19, 24 hour volume: 27940.04199331, 24 hour low: 323.0, 24 hour high: 365.07, 24 hour vwap: 0	[23:07]
assbot	[MPEX] [S.MPOE] 13250 @ 0.0007453 = 9.8752 BTC [-]	[23:10]
assbot	[MPEX] [S.MPOE] 2500 @ 0.0007453 = 1.8633 BTC [-]	[23:13]
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asciilifeform	mircea_popescu: this month's turd is mailed.	[23:17]
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mircea_popescu	win.	[23:19]
jurov	heh turd	[23:19]
asciilifeform	i haven't, surprisingly, received any hate mail re: the lameness; must assume it's going to mircea_popescu's dev/null	[23:20]
mircea_popescu	no pics ? i was promised pix!	[23:20]
asciilifeform	shot the pics wad here	[23:20]
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*	Jondo_ is now known as Jondo	[23:20]
*	asciilifeform can always take more	[23:20]
mircea_popescu	link ?	[23:20]
asciilifeform	!s rotor	[23:21]
assbot	21 results for 'rotor' : http://search.bitcoin-assets.com/?q=rotor	[23:21]
asciilifeform	http://log.bitcoin-assets.com/?date=02-10-2014#855068	[23:21]
assbot	Logged on 02-10-2014 12:48:37; assbot: vacuum nozzle (rotor) - Imgur	[23:21]
jurov	and that gold...er... brass nozzle or whatever	[23:21]
asciilifeform	http://log.bitcoin-assets.com/?date=02-10-2014#855251	[23:21]
assbot	Logged on 02-10-2014 13:44:16; assbot: Making vacuum rotor ('Sherline' micro-lathe) - YouTube	[23:21]
*	asciilifeform regressed mostly to 18th c., at least temporarily	[23:22]
mircea_popescu	lol. danke.	[23:22]
*	jurov goes to troll reddit "S.NSA is machining stuff from gold"	[23:22]
mircea_popescu	this is kinda an idea... maybe we should open a line of hand machined slave collars and other items	[23:23]
asciilifeform	lol!	[23:23]
mircea_popescu	asciilifeform dja feel like making hardware ? :D	[23:23]
asciilifeform	paging ben_vulpes!	[23:23]
asciilifeform	^ he has an adult lathe i think	[23:23]
*	asciilifeform can make collars. for guinea pigs, rats, iguana...	[23:23]
asciilifeform	3 inch spindle.	[23:24]
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mircea_popescu	cockrings, clearly.	[23:24]
asciilifeform	aha!	[23:24]
assbot	[MPEX] [S.MPOE] 12800 @ 0.00074528 = 9.5396 BTC [-] {2}	[23:24]
jurov	hue	[23:24]
*	asciilifeform now wonders if a cock ring is generally a shaft-collar or set-screw	[23:25]
asciilifeform	*clamp-collar	[23:25]
asciilifeform	https://en.wikipedia.org/wiki/Shaft_collar << for folks in the jungle	[23:25]
assbot	Shaft collar - Wikipedia, the free encyclopedia	[23:25]
jurov	TIL cockring with set screw..eww..	[23:26]
mircea_popescu	so here's a random idea. x.org and pretty much every implementation of a gui on linux does a pisspoor job of hiding kbd from any running program. ie, you can trivially read keystrokes typed in any window from any other window. on the other hand js stuff like .which and .keycode allows a website to read the kbd pretty well.	[23:27]
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mircea_popescu	so... how hard can it be.	[23:28]
asciilifeform	first decide which 'it'	[23:28]
jurov	use gtk_pinentry for everything?	[23:28]
mircea_popescu	some it or other.	[23:28]
mircea_popescu	jurov what'd gtk_pinentry do ?	[23:29]
jurov	if you ever used gpg under X	[23:29]
jurov	it pops up and monopolizes keyboard	[23:29]
mircea_popescu	does it actually ?	[23:29]
jurov	let me try	[23:30]
*	mircea_popescu at edge of seat.	[23:30]
*	asciilifeform doesn't like dedicated 'user is entering passwords' api gizmos - demarcated target.	[23:31]
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jurov	only a quickie with xev	[23:31]
jurov	when pinentry was active, i was unable to get kbd events into xev	[23:32]
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jurov	not that proves anything, just a concet how it works	[23:32]
mircea_popescu	that's something.	[23:32]
mircea_popescu	http://dmauro.github.io/Keypress/ < btw.	[23:32]
assbot	Keypress: A Javascript library for capturing input	[23:32]
mircea_popescu	course i have nfi why xorg was made so windowsy in the first place.	[23:32]
jurov	what do you mean?	[23:33]
jurov	xorg is quite far from windowsy	[23:33]
jurov	just the toolkits are	[23:34]
jurov	and if you mean security, well...1980s	[23:34]
mircea_popescu	specifically the kbd issue	[23:34]
assbot	ninjashogun +v failed; L1: 0, L2: -4	[23:35]
kakobrekla	!up ninjashogun i do what iwant	[23:35]
*	assbot gives voice to ninjashogun	[23:35]
asciilifeform	masochism-lol	[23:36]
jurov	hi ninjashogun, our resident security expert	[23:36]
jurov	so what do you think about this xorg problem?	[23:36]
ninjashogun	Thanks. Does someone who has gribble with the proper distance want to trust me to whatever extent is required for an up. Ascii has complained about the volume of contribution, so I will keep it down. (obvoiusly you can remove this rating if you find I'm abusive.)	[23:36]
ninjashogun	jurov, hi. I'm actually a startup founder, not a security expert per se (besides a good theoretical understanding and some practical reading same as avialable to everyone here.) Not an xorg expert!	[23:37]
thickasthieves	i doubt anyone here wants you roaming freely	[23:37]
The20YearIRCloud	i hate having all this BTC sitting and not being cashed out	[23:37]
kakobrekla	delete the wallet	[23:37]
The20YearIRCloud	we've lost something like $75k-$100k over the past year and a half due to volatility and the inability to cash out our deposits quickly	[23:37]
thickasthieves	well a little late to cash out probly	[23:38]
jurov	The20YearIRCloud, do it rapeghost way: pay dividends	[23:38]
The20YearIRCloud	rapeghost?	[23:38]
mircea_popescu	asciilifeform can i have original of that video ?	[23:38]
jurov	alias rg.. prolly before your time	[23:38]
mircea_popescu	i intend to gif-ify it to test the saffron chick's thing.	[23:38]
mircea_popescu	dude this guy again ?	[23:38]
asciilifeform	mircea_popescu: 1sec	[23:39]
ninjashogun	Incidentally if it is on-topic here I am curious about the opinion of people here about 1) cause of BTC price depression 2) whether BTC price will rebound. Where will the buy pressure come from, given that there are other crypto currencies as well?	[23:39]
asciilifeform	!s waterfall	[23:39]
assbot	21 results for 'waterfall' : http://search.bitcoin-assets.com/?q=waterfall	[23:39]
*	asciilifeform favours that hypothesis, cannot speak for other people	[23:39]
kakobrekla	we've lost something like $75k-$100k over the past year and a half due to volatility and the inability to cash out our deposits quickly < handy excuse	[23:39]
xanthyos	hi	[23:39]
thickasthieves	ninjashogun, I will allow the price to start going up again tomorrow	[23:39]
jurov	ninjashogun,. it will come from dogecoin and from angel whales	[23:40]
jurov	!s angel whale	[23:40]
assbot	3 results for 'angel whale' : http://search.bitcoin-assets.com/?q=angel+whale	[23:40]
kakobrekla	!s angel whale fishes	[23:40]
assbot	1 results for 'angel whale fishes' : http://search.bitcoin-assets.com/?q=angel+whale+fishes	[23:40]
xanthyos	my psychic premonition about 360 $/btc being the absolute glass floor were not true	[23:40]
The20YearIRCloud	excuse for what?	[23:40]
kakobrekla	for vaporizing 100k	[23:40]
The20YearIRCloud	I just hate the equity loss being that bad	[23:40]
thickasthieves	then why did you take the risk	[23:41]
The20YearIRCloud	guess i don't understand how a large-ish business that takes BTC and runs into the asme cashout problems as us could operate with it	[23:41]
ninjashogun	What I mean is that long-term, if BTC held a monopoly on crypto currency my price target would be $300K per bitcoin. (Simply because that is required for the amount of crypto currency the world has a money supply demand.) But the problem is that other crypto currencies can meet some of this demand. So, is that some of the reason for the decline? If it is, what will cause the rebound?	[23:41]
xanthyos	"Risk is our business." (James Tiberius Kirk)	[23:41]
mircea_popescu	dude stop positing idiocy.	[23:41]
mircea_popescu	no "other cryptocurrencies" exist.	[23:41]
jurov	how did you calculate the demand?	[23:41]
The20YearIRCloud	There's 1000 other cryptos out there ninjashogun	[23:41]
mircea_popescu	no such can ever exist, no such will ever exist. no such has met any demand, nor could, nor wil.	[23:41]
ninjashogun	mircea_popescu, "no other cryptocurrencies exist", um?	[23:41]
mircea_popescu	no um.	[23:42]
mircea_popescu	and for that matter : you're not a startup anything, especially not a founder.	[23:42]
The20YearIRCloud	http://coinmarketcap.com/	[23:42]
assbot	Crypto-Currency Market Capitalizations	[23:42]
thickasthieves	those are games not coins	[23:42]
thickasthieves	and altcoin already has those sewn up	[23:42]
kakobrekla	hey my buttcoin poster sez buttcoin is game	[23:42]
mircea_popescu	and you do not have understanding, theoretical or otherwise, on any topic, and specifically no good such understanding.	[23:42]
mircea_popescu	now that we're settled on most of these topics, did you have anything meaningful to say ?	[23:43]
ninjashogun	mircea_popescu, Oh, uh (wink) right. You are right that there are no other crypto currencies besides btc, I will grant this to you. It is ridiculous to assume any other crypto currency can ever come into existence.	[23:43]
mircea_popescu	goof.	[23:43]
jurov	aww y'all are so demeaning to these serious altbusinesses	[23:43]
mircea_popescu	!down ninjashogun	[23:43]
*	assbot removes voice from ninjashogun	[23:43]
mircea_popescu	good*.	[23:43]
*	thickasthieves cheers	[23:43]
jurov	i'm more interested in that demand caluculation	[23:43]
jurov	did it involve a rectum?	[23:43]
mircea_popescu	we've sunk to the lows where kako trolls the channel. i know of no other place where the actual chan owner trolls the chan	[23:43]
mircea_popescu	except, of course, for something awful.	[23:43]
jurov	oh you finished him :(	[23:44]
kakobrekla	:(	[23:44]
xanthyos	all tissues are called "kleenex." all cola is called "coke." all photocopies are called "xerox." btc WON the cryto branding game	[23:44]
kakobrekla	imm prolly usg covert	[23:44]
The20YearIRCloud	how do you calculate coin demand jurov	[23:44]
mircea_popescu	no dude, doge is "covering some of that demand"	[23:44]
xanthyos	crypto*	[23:44]
mircea_popescu	because a buncha fuctarded kids derping are "the demand" now	[23:44]
thickasthieves	<+The20YearIRCloud> how do you calculate coin demand jurov /// price	[23:44]
jurov	no i wanted to know his calcualtion	[23:45]
The20YearIRCloud	ah	[23:45]
jurov	required for the amount of crypto currency the world has a money supply demand	[23:45]
mircea_popescu	$rand	[23:45]
The20YearIRCloud	So it's assumed there's a 100% adpotion rate	[23:46]
mircea_popescu	contorted fucking reasoning, such as, "mp said once that the endgame for bitcoin is this. now, let's maintain that figure but pretend like mp wasn't talking about btc, but about geese. so then a goose should be 300k usd per, and since it's not, clearly iron nails are taking up some of that market"	[23:46]
mircea_popescu	"so give me 50k and i might buy iron nails which might be worth more in the future"	[23:47]
mircea_popescu	let's call it... "a facultative idea" or whatever the fuck it was.	[23:47]
mircea_popescu	!s "discretionary project"	[23:48]
assbot	5 results for '"discretionary project"' : http://search.bitcoin-assets.com/?q=%22discretionary+project%22	[23:48]
assbot	[MPEX] [S.MPOE] 20739 @ 0.00074929 = 15.5395 BTC [+] {2}	[23:48]
kakobrekla	<+The20YearIRCloud> how do you calculate coin demand jurov /// price	[23:50]
kakobrekla	its not price	[23:50]
kakobrekla	not even the published mkt cap	[23:50]
kakobrekla	cause its bogus	[23:50]
mircea_popescu	you don't really calculate it, is the problem.	[23:50]
*	OX3 has quit (Remote host closed the connection)	[23:53]
asciilifeform	mircea_popescu: http://64.85.171.71/lathe.mov	[23:54]
mircea_popescu	danke	[23:54]
[]bot	Bet placed: 3.75 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 72(Y):28(N) by coin, 54(Y):46(N) by weight. Total bet: 15.48725376 BTC. Current weight: 33,226.	[23:54]
mircea_popescu	!s from:mircea_popescu pretty slick	[23:57]
assbot	1 results for 'from:mircea_popescu pretty slick' : http://search.bitcoin-assets.com/?q=from%3Amircea_popescu+pretty+slick	[23:57]
mircea_popescu	HA!	[23:57]
mircea_popescu	;;ticker	[23:59]
gribble	Bitstamp BTCUSD ticker \| Best bid: 331.14, Best ask: 332.94, Bid-ask spread: 1.80000, Last trade: 332.94, 24 hour volume: 28533.28413378, 24 hour low: 322.04, 24 hour high: 365.07, 24 hour vwap: 0	[23:59]

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