Forum logs for 06 Oct 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu

Azelphur	mircea_popescu: figured this would definitely be one for you, watch boobs for charity? http://www.reddit.com/r/AskReddit/comments/10zv75/okay_so_pornhub_is_donating_money_to_support/ XD	[00:01]
mircea_popescu	lol	[00:01]
B0g4r7_	Worst descriptive url truncation ever.	[00:02]
Azelphur	haha	[00:02]
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mircea_popescu	so anyone knows the cryptostocks/vircures ppl ?	[00:05]
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drekk	mircea_popescu, nope. sent a PM in the forum to Kumala once regarding VCE. never got an answer	[00:08]
mircea_popescu	drekk sux	[00:08]
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drekk	yea. i like both services pretty much, but again the old prob: lack of communication (skills)	[00:09]
drekk	seems glbse downtime gave them a boost tho :)	[00:09]
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mircea_popescu	soooo... it turns out glbse only had one db ?	[00:14]
mircea_popescu	i am so fascinated.	[00:14]
Eisenhower34	glbse? is that the Stock Market who ran with all those ... I think its called bitcoins	[00:14]
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drekk	those were the days...	[00:14]
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mircea_popescu	old history ?	[00:15]
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Eisenhower34	"Secret ways to turn her on" ... who wouldnt click that email :)	[00:17]
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mircea_popescu	http://polimedia.us/dtng/c/src/134940964040.jpg everybody should jus' relax.	[00:18]
Eisenhower34	too many dicks and not enough pussys in that picture...	[00:19]
mircea_popescu	sorta like bitcoin.	[00:19]
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Diablo-D3	mircea_popescu: man, why do you even have that imgboard	[00:22]
Diablo-D3	theres not even anything shocking on it	[00:22]
mircea_popescu	Diablo-D3 i made a buncha shit romanians didn't have cause they were retarded	[00:22]
mircea_popescu	like a digg and a chan and etc.	[00:22]
BTC-Mining	[17:14] glbse? is that the Stock Market who ran with all those ... I think its called bitcoins	[00:23]
BTC-Mining	So the exchange has been offline for one day and already it's 100% sure the bitcoins are gone?	[00:23]
assbot	[MPEX] [S.MPOE] 27558 @ 0.00037034 = 10.2058 BTC [-]	[00:23]
assbot	[MPEX] [S.MPOE] 9242 @ 0.00037012 = 3.4206 BTC [-]	[00:23]
Eisenhower34	BTC-Mining clearly :)	[00:24]
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Diablo-D3	BTC-Mining: pretty much	[00:24]
BTC-Mining	Well unfortunately, even if there was a theft, there's only a fractions of the funds available on GLBSE.	[00:24]
mircea_popescu	you mean fortunately.	[00:25]
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BTC-Mining	It depends. Unfortunately for the would be theft.	[00:25]
mircea_popescu	a ok.	[00:25]
BTC-Mining	theif*	[00:25]
BTC-Mining	thief*	[00:25]
BTC-Mining	dammit	[00:25]
mircea_popescu	the large problem here is this : with the exception of maybe two items the btcv value of glbse paper is now 0.	[00:25]
mircea_popescu	so in that sense...	[00:25]
BTC-Mining	Most funds were used outside GLBSE	[00:26]
mircea_popescu	BTC-Mining and nobody's putting it back in to buy glbse insecurities.	[00:26]
mircea_popescu	so that half of the equation is gone.	[00:26]
BTC-Mining	So GLBSE's website is down for less than 24 hour and already it's the worst theft/scam/apocalypse in Bitcoin history, everything is worth 0, everything spontaneously combusts to never return?	[00:29]
drekk	pretty awesome, right :)	[00:30]
mircea_popescu	BTC-Mining well tbh it had it coming for weeks now.	[00:31]
Ignatius-otc	BTC-Mining, that was yesterday...today, pitchforks	[00:31]
mircea_popescu	it's not one isolated event, it's the final explosion of a series of explosions	[00:31]
dub	I win at trolling on the road	[00:32]
dub	some poor bastard just got my ticket	[00:32]
BTC-Mining	... are everyone self-proclaimed prophets now that they all hold absolute truth and knows what will happen?	[00:33]
BTC-Mining	We don't have the slightest idea why GLBSE is down currently.	[00:33]
Ignatius-otc	http://www.amazon.com/Extraordinary-Popular-Delusions-Madness-Crowds/dp/1604594411	[00:33]
Eisenhower34	we do have... someone stole the coins	[00:33]
Eisenhower34	there is no other possible explanation	[00:34]
BTC-Mining	...	[00:34]
midnightmagic	So! Will it ever come back up?	[00:34]
midnightmagic	;;seen nefario	[00:34]
gribble	nefario was last seen in #bitcoin-assets 1 week, 4 days, 1 hour, 34 minutes, and 41 seconds ago: Those assets are not listed or traded anymore	[00:34]
Ignatius-otc	oh, they really are panicked huh	[00:34]
Eisenhower34	who are "they" ? :D	[00:34]
BTC-Mining	Ok, I guess when one of my favorite non-bitcoin website is down, it's because all the USD is gone.	[00:35]
Eisenhower34	nah... it has to be about bitcoins	[00:35]
BTC-Mining	"Learn why intelligent people do amazingly stupid things when caught up in speculative edevorse."	[00:35]
jurov	;;ticker	[00:35]
gribble	Best bid: 12.821, Best ask: 12.89937, Bid-ask spread: 0.07837, Last trade: 12.89939, 24 hour volume: 30528, 24 hour low: 12.51, 24 hour high: 12.97	[00:35]
BTC-Mining	Yes, speculation... but according to each bitcoin prophet (50% of bitcointalk's population), their speculation is always fact.	[00:35]
assbot	[MPEX] [O.BTCUSD.P150T] 800 @ 0.33112668 = 264.9013 BTC [+]	[00:36]
jurov	o_O	[00:36]
Ignatius-otc	originally published 1841	[00:36]
Ignatius-otc	some things never change	[00:36]
Eisenhower34	so you know from some secret source that GLBSE BTC are really gone? as you say its a fact now	[00:36]
dub	nefario announced in the secret channel	[00:37]
mircea_popescu	i dunno. i see the bias towards "it's the end" very reasonable given that there was no notice whatosever.	[00:37]
mircea_popescu	and no communication worth two craps.	[00:37]
BTC-Mining	I have no idea if any coins were stolen, if GLBSE is coming back up or if it's just really bad judgement from Nefario who just omitted giving any information.	[00:37]
Eisenhower34	dub i heared the same	[00:37]
dub	he took the money, using it for a sex change	[00:37]
BTC-Mining	I'll at least wait to see the situation concretize itself before claiming anything as a fact.	[00:37]
mircea_popescu	BTC-Mining if one day you go to this corner shop in your neighbourhood and it's ust closed. no notice no anything	[00:38]
Eisenhower34	but you said yourself that its a fact now that GLBSE BTCs are gone	[00:38]
dub	he is leaving his wife and marrying genjix	[00:38]
mircea_popescu	what's your thought process ?	[00:38]
BTC-Mining	I'll assume the shop owner might be sick, or suddenly died, as there's no notice he's closing shop.	[00:38]
Eisenhower34	so nefario is DEAD WTF	[00:38]
mircea_popescu	BTC-Mining ^^	[00:39]
Eisenhower34	someone may say that to the others who only read the board	[00:39]
BTC-Mining	And wait to see if a relative picks it up, if the owner comes back, or if anything else happen.	[00:39]
BTC-Mining	I mean, a place being closed unexpectedly is cause for wonder about what might have happened.	[00:39]
BTC-Mining	But I won't freak out instantly.	[00:40]
mircea_popescu	countdown to someone posting in forum that nefario is dead (100% fact) in 5, 4, 3...	[00:40]
Eisenhower34	we dont have do wonder anymore ... you said yourself Nefario is dead and the coins have been stolen...	[00:40]
mircea_popescu	witnessed.	[00:40]
mircea_popescu	also, hashking was 15 yo.	[00:40]
Eisenhower34	D	[00:40]
Eisenhower34	:D	[00:40]
BTC-Mining	Yeah, it's just one of many speculative idea brought forth, not a fact. That's the problem with the forum. Speculations/hearsay are distorted/presented as facts.	[00:41]
Eisenhower34	but you said you had a secret source	[00:41]
Eisenhower34	so it must be fact	[00:41]
Eisenhower34	did you say soemthing you were not allowed to say?	[00:41]
BTC-Mining	I never said I had a secret source eh	[00:42]
mircea_popescu	is BTC-Mining really nefario ?	[00:42]
mircea_popescu	WHO IS DEAD ?!	[00:42]
Eisenhower34	have you been threatend by the thief maybe?	[00:42]
Eisenhower34	this is getting better and better	[00:42]
Eisenhower34	what a crime we have to solve here on IRC	[00:42]
dub	I like the panic in theymos thread	[00:43]
mircea_popescu	the btc-uttler did it.	[00:43]
dub	THERE ARE BACKUPS RIGHT???11	[00:43]
BTC-Mining	No, no, actually, the fact is, everyone in Bitcoins are actual insane and placed in an institution. Bitcoins are all but a figment of their imagination that started with one of the patient shouting the word "Bitcoin". It's true.	[00:43]
mircea_popescu	dub from what i hear yes there are.	[00:43]
dub	I doubt there are	[00:43]
dub	nefario is intersango and they dont know about backups	[00:43]
mircea_popescu	who knows at this point.	[00:43]
Eisenhower34	nefario is intersango .... and nefario is dead ... and the btc are ... we are screwed	[00:44]
dub	its cool, sounds like rapeghost has raped a backup of his own	[00:44]
BTC-Mining	The plot thickens...	[00:44]
BTC-Mining	Let's write a novel then!	[00:44]
Eisenhower34	ok ... starting with the words "According to BTC-Minings secret source ... "	[00:44]
drekk	50 shades of nefario	[00:44]
mircea_popescu	You can still see it like that, since there is a lack of information... but what I see is exactly what I had predicted: GLBSE was a highly illegal business and Nefario was just a crook working in conspiracy with other crooks... and one of them was theymos - the admin of this forum, who owned 23% of GLBSE - had anyone of you known about it?	[00:45]
mircea_popescu	dun dun dun	[00:45]
dub	mircea_popescu++	[00:45]
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BTC-Mining	Theymos owns ~7% of the shares.	[00:46]
dub	the whole community has been taken by a cabal of limey grifters	[00:46]
rg	theymos has been milking btc from Btalk	[00:46]
rg	for ages	[00:46]
mircea_popescu	BTC-Mining nah like a quarter.	[00:46]
rg	dont you remember when i made that stink	[00:46]
rg	about him claiming to be non profit	[00:46]
BTC-Mining	The remaining of the shares he sell are from other holders also exiting.	[00:46]
rg	yte he couldnt prove any of the money actually went to the forum	[00:46]
dub	rg: clearly it doesnt	[00:46]
BTC-Mining	Probably because they don't want to take part in a regulated GLBSE	[00:46]
rg	forum with 0 costs, accepting donations	[00:46]
PsychoticBoy	http://vimeo.com/36645417	[00:46]
rg	for 'operating costs'	[00:46]
rg	like wtf	[00:47]
BTC-Mining	theymos personally owns about ~7% of the shares.	[00:47]
dub	operating what?	[00:47]
dub	it cant handle 500 users	[00:47]
rg	its very wel known mtcox pays for bitcointalk's hosting	[00:47]
assbot	[MPEX] [O.BTCUSD.C110T] 571 @ 0.26373924 = 150.5951 BTC [-]	[00:47]
rg	so they dont pay that	[00:47]
dub	if you were paynig for that you are retarded	[00:47]
rg	all the admins are volunteers	[00:47]
rg	he's easily taken in 10k btc from the forum	[00:47]
rg	for this forum software that's 'coming out in the future'	[00:47]
mircea_popescu	rg if i owned the forum i'd expect money too.	[00:48]
BTC-Mining	Well technically, the whole amount is still growing with donations and offered as a bounty.	[00:48]
mircea_popescu	what's the big deal ?	[00:48]
rg	mircea	[00:48]
rg	the big deal is	[00:48]
rg	(as if its not obvious enough)	[00:48]
rg	you cant say you're a non prfit	[00:48]
rg	when you're not a fucking non	[00:48]
rg	profit	[00:48]
dub	also, they sell advertising	[00:48]
rg	yes	[00:49]
rg	EXPENSIVE advertising	[00:49]
dub	and don't have ANY costs	[00:49]
rg	we used to advertise on btalk	[00:49]
rg	after paying him for like 2 weeks	[00:49]
rg	i was like .. no amount o clients is worht this	[00:49]
dub	DOIN IT FOR THE COMMUNITY BRAH	[00:49]
rg	might as well pay google	[00:49]
rg	yeah the community has seen 0.00 btc from theymos	[00:49]
jcpham	hello drama queens	[00:49]
dub	do we have an estimate of how much btc is tied up in glbse?	[00:49]
mircea_popescu	rg is he registered as a nonprofit ?	[00:50]
PsychoticBoy	i have 1.5 k in glbse	[00:50]
rg	mircea_popescu: no	[00:50]
rg	he just lies and claims they are	[00:50]
mircea_popescu	then ?	[00:50]
rg	which is even worse	[00:50]
rg	on his donation begging page he says hes a non profit	[00:50]
BTC-Mining	dub: I think the other holders of GLBSE know more about that.	[00:50]
mircea_popescu	dub yes. someting like a coupla k's.	[00:50]
PsychoticBoy	Good night aal	[00:50]
PsychoticBoy	I am off to bed	[00:51]
rg	mircea_popescu: like a year ago	[00:51]
rg	when i made this stink	[00:51]
rg	he had around $20k	[00:51]
rg	which is worth 50% more now	[00:51]
mircea_popescu	so ?	[00:51]
mircea_popescu	dude, if i ran the forum i'd expect to be paid. it's only natural.	[00:51]
rg	and im fine with that	[00:51]
rg	but dont claim to be a fucking non profit	[00:51]
rg	and exploit people	[00:51]
mircea_popescu	i guess he's pussyfooting around it doesn't help	[00:51]
rg	it is AGAINST THE LAW	[00:51]
rg	to say you're a non profit	[00:51]
mircea_popescu	yeah.	[00:51]
rg	people go to prison	[00:51]
rg	its FRAUD	[00:51]
dub	at this point, I would be shitting brixx if I had issued an asset	[00:52]
mircea_popescu	people should go to prison for CAPS	[00:52]
rg	i wouldnt	[00:52]
jcpham	why whst's new	[00:52]
rg	nefario is going to sort everyhting out	[00:52]
dub	you gone get gitmod	[00:52]
rg	if he actually was in trouble for glbse	[00:52]
rg	all he' dhave to do is transfer it to someone else	[00:52]
jcpham	black-bagged off to egypt?	[00:52]
rg	and distance himself	[00:52]
dub	yeah because that would magically get him out of jail	[00:52]
rg	and he can say	[00:52]
rg	'i dint do shit'	[00:52]
rg	well	[00:52]
rg	hes obviously not in jail	[00:52]
BTC-Mining	[17:52] at this point, I would be shitting brixx if I had issued an asset	[00:52]
rg	so..	[00:52]
dub	obviously	[00:52]
BTC-Mining	Why?	[00:52]
rg	im with BTC-Mining	[00:53]
rg	i have full confidence in nefario	[00:53]
jcpham	i'm glad you do rg	[00:53]
BTC-Mining	Issuers have the money OUTSIDE glbse. They don't keep it on GLBSE, they need to use it.	[00:53]
jcpham	i no longer have full confidence in anyone	[00:53]
femtotube	like you had in asshole pirate?	[00:53]
rg	what about me jcpham	[00:53]
dub	BTC-Mining: working out great for goat	[00:53]
jcpham	full confidence?	[00:53]
jcpham	do we want to go there	[00:53]
rg	oh i dont need full confidence	[00:54]
rg	just a little bit	[00:54]
jcpham	you have lots	[00:54]
rg	like you wouldnt be afraid to leave me alone with your lil sister	[00:54]
dub	admit it, he's dead and you've already raped his ghost	[00:54]
jcpham	i don't have sister	[00:54]
jcpham	i wouldn't leave you alone with any kids	[00:54]
BTC-Mining	Well money is mostly safe outside GLBSE at least.	[00:54]
jcpham	not on my watch pal	[00:54]
jcpham	i would donate blood or semen for you, though	[00:55]
femtotube	rg: you probably can not even get it up any more... LOL!	[00:55]
dub	BTC-Mining: it sounds like you're saying, 'hey, I already have their money, lol'	[00:55]
BTC-Mining	I'm saying it can't be stolen, even if it ends up being a hack.	[00:55]
femtotube	I guess all the bond issuers are ecstatic right now. No exchange, no obligations	[00:55]
mircea_popescu	femtotube i guess it can be argfued.	[00:56]
femtotube	same for those shares in imaginary Co's	[00:56]
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BTC-Mining	Also there's supposed to be backup plans in place. Hopefully if Nefario is gone, which is purely speculative, the other owners of GLBSE can at least give us the info needed to pay out people.	[00:56]
dub	BTC-Mining: you might have a little problem with a lot of angry bond holders?	[00:57]
femtotube	do not start with this contract BS. Do you think they really give a shit?	[00:57]
dub	I agree with BTC-Mining anyway. Hopefully Nefario is gone.	[00:57]
femtotube	BTC-Mining: a plan? Those damn shareholders have no idea wtf is going on. There is no plan	[00:57]
mircea_popescu	dub well yes, he does have a problem. actually all things considered i think he;'s pretty calm.	[00:58]
BTC-Mining	They don't know what's going on, which does not mean they don't receive a daily backup or anything.	[00:58]
BTC-Mining	Up until Nefario went silent that is.	[00:58]
femtotube	LOL	[00:58]
mircea_popescu	BTC-Mining did you have a contingency plan for glbse going down ?	[00:58]
dub	mircea_popescu: yeah, as Iwas saying, issuers should be shitting brix	[00:59]
BTC-Mining	No. What about MPEx? What do you have in place supposing you die tomorrow?	[00:59]
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mircea_popescu	BTC-Mining yes.	[01:00]
mircea_popescu	it is in the faq, i'ts been pasted here yest	[01:00]
mircea_popescu	im not pasting it daily.	[01:00]
mircea_popescu	but more's the point : now you know how glbse shareholders feel	[01:00]
mircea_popescu	exactly like you, they had no plans.	[01:00]
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BTC-Mining	Indeed.	[01:01]
mircea_popescu	learning experience.	[01:01]
BTC-Mining	But I've seen bigger things than GLBSE go down without notice without people going crazy over it within 24 hours.	[01:02]
mircea_popescu	BTC-Mining the nerve is raw	[01:02]
mircea_popescu	so many things went to shit past 3 months people are hysterical	[01:02]
mircea_popescu	i can see why.	[01:02]
BTC-Mining	The whole Bitcointalk community seems to be standing on the edge 24/7 since forever.	[01:03]
mircea_popescu	well since late august.	[01:03]
mircea_popescu	at least that's my impression.	[01:03]
BTC-Mining	Eh, yeah... Pirate is one of the worst thing to have happened to Bitcoins.	[01:04]
mircea_popescu	yes. and i do not mean his collapse.	[01:04]
mircea_popescu	i mean his existence.	[01:04]
BTC-Mining	Not to count the waves of bad amateur "ponzi" offers that appeared from new members right after the news headlines about Pirate.	[01:05]
mircea_popescu	fact of the matter is, and we have to face this, the infrastructure was not ready.	[01:05]
mircea_popescu	people thought (wrongly) glbse is good enough, and ppl thought (wrongly) nefario is good enough.	[01:05]
mircea_popescu	they were good enough, for sums up to 100 btc and sunday casual mmorpg play.	[01:06]
BTC-Mining	Because of 2 days offline?	[01:06]
mircea_popescu	once things expanded a little the structural weakness collapsed.	[01:06]
mircea_popescu	BTC-Mining no. because of 2 months of continuous bullshit by now.	[01:06]
mircea_popescu	like allowing canadian ticket buying "mining operations".	[01:07]
BTC-Mining	GLBSE was never a regulated market.	[01:07]
BTC-Mining	At least it doesn't seem like Nefario wanted to approve some issuers as trustable and others as not trustable. He didn't want that responsibility I think.	[01:08]
mircea_popescu	well...	[01:09]
mircea_popescu	maybe if he stuck to that plan.	[01:09]
BTC-Mining	Eh, the problem is that since it's centralized, he had the ability to intervene and people put pressure on him left and right and things started to change.	[01:10]
BTC-Mining	Ideally we'd just have a peer to peer stock market that anyone can issue on.	[01:10]
mircea_popescu	he.should.have.stuck.to.plan.	[01:11]
mircea_popescu	this is the definition of safety in nucet : plan well, stick to plan.	[01:11]
BTC-Mining	Probably, yes.	[01:11]
mircea_popescu	he's not done the first, and then quit doing the 2nd.	[01:11]
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BTC-Mining	It would have been easier if he lived in China and not in the UK however.	[01:11]
mircea_popescu	maybe.	[01:11]
mircea_popescu	i dunno chinese legal system at all.	[01:11]
BTC-Mining	Eh, me neither, but apparently, not as much as a lack of rule than those rules not being enforced.	[01:12]
mircea_popescu	that's no solution then.	[01:12]
assbot	[MPEX] [F.GIGA.ETF] 217 @ 0.00027772 = 0.0603 BTC [-]	[01:12]
assbot	[MPEX] [F.GIGA.ETF] 2316 @ 0.00027772 = 0.6432 BTC [-]	[01:12]
BTC-Mining	Well let's at least wait until Saturday and see if Nefario ran into legal trouble or the SEC wants to clawback ponzi earnings at the only place they can intervene (centralized system like GLBSE).	[01:13]
BTC-Mining	Although those scenarios seems somewhat unlikely	[01:14]
mircea_popescu	BTC-Mining if it helps you anything, i can offer you 100 btc's hedge on the later point.	[01:14]
BTC-Mining	Not sure why I'd need a hedge on 2nd point	[01:14]
mircea_popescu	kay.	[01:15]
BTC-Mining	I never really invested in Pirate. Assuming that's what happens, I'd get funds frozen until accounting is figured out.	[01:16]
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BTC-Mining	Also, knowing how good Nefario is with PR, I wouldn't be surprised if he reappered soon after the silent week all surprised about seeing everyone in a panic and announcing he just completed rolling out GLBSE v3. He's so deep in his work sometimes he seems oblivious at what people would expect to be said upfront.	[01:18]
BTC-Mining	That would probably be a mindblowing hit to his PR...	[01:19]
BTC-Mining	If it was something completly benign and he simply felt too busy to announce it in details	[01:19]
mircea_popescu	given the mood currently nobody'd even buy that.	[01:19]
mircea_popescu	people'd prolly go on about how this is all a last minute cover-up	[01:20]
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mircea_popescu	Oct 01 01:47:42 Obsi ty, but it doesn't seem like anyone has a choice. glbse is going away. now's everyone's change to learn gpg.	[01:33]
mircea_popescu	Oct 01 01:47:43 I don't think GLBSE is going to survive	[01:33]
fridge	people sure do go on	[01:33]
mircea_popescu	wow just 3 days ago.	[01:33]
fridge	and on	[01:33]
fridge	I find it hilarious	[01:34]
BTC-Mining	Nefarious*	[01:37]
BTC-Mining	This is the current effect on bitcointalk's community of recent events.	[01:37]
assbot	[MPEX] [S.MPOE] 4017 @ 0.00037188 = 1.4938 BTC [+]	[01:38]
assbot	[MPEX] [S.MPOE] 25702 @ 0.00037224 = 9.5673 BTC [+]	[01:38]
assbot	[MPEX] [S.MPOE] 27481 @ 0.00037338 = 10.2609 BTC [+]	[01:38]
BTC-Mining	Because people are allergic to anything happening out of the daily routine by now.	[01:38]
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mircea_popescu	true.	[01:40]
smickles	;;bc,24hprc	[01:44]
gribble	12.68	[01:44]
smickles	;;ticker	[01:44]
gribble	Best bid: 12.82, Best ask: 12.84796, Bid-ask spread: 0.02796, Last trade: 12.84798, 24 hour volume: 29553, 24 hour low: 12.51, 24 hour high: 12.97	[01:44]
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B0g4r7	I'm surprised nothing's up on betsofbetco.in about the glbse situation.	[01:53]
B0g4r7	Ppl should be betting like mad over this.	[01:53]
BTC-Mining	Because GLBSE is down so no bitcoins to vote?	[01:53]
B0g4r7	Maybe the site's just too slow. The last time I submitted a statement it took days to get approved and posted.	[01:53]
B0g4r7	lol	[01:53]
mircea_popescu	http://polimedia.us/trilema/2012/fact-of-the-matter-is-the-infrastructure-was-not-ready/ << if anyone cares, my latest blog post.	[01:55]
rdponticelli	If that's the case, most chances are that when you have a statement posted, it's already solved	[01:55]
B0g4r7	You sure are a fan of these Roman numeral-based lists, aren't you?	[01:55]
rdponticelli	This is bitcoinland, everything is thunderspeed	[01:56]
B0g4r7	Everything but the BoB staff.	[01:56]
rdponticelli	s/solved/screwed/	[01:56]
mircea_popescu	B0g4r7 i guess i am	[01:57]
B0g4r7	I would bet that glbse will not be back online and executing trades by the end of Oct.	[01:57]
rdponticelli	I won't put a satoshi against you	[01:58]
rdponticelli	In fact, my bid for glbse shares is lowering to 1 satoshi	[01:59]
rdponticelli	Fuck, I can't lower it anymore... :s	[01:59]
B0g4r7	A Satoshi is the smallest possible denomination of BTC?	[02:00]
rdponticelli	Bitcoin is broken, somebody fix it	[02:00]
B0g4r7	(I'm asking, I don't know)	[02:00]
rdponticelli	Yes, it is by now	[02:00]
rdponticelli	0.00000001BTC	[02:01]
rdponticelli	That's satoshi	[02:01]
B0g4r7	'k, thx.	[02:01]
mircea_popescu	B0g4r7 yes	[02:01]
assbot	[MPEX] [F.GIGA.ETF] 6200 @ 0.00027772 = 1.7219 BTC [-]	[02:03]
assbot	[MPEX] [O.BTCUSD.C120T] 850 @ 0.21008905 = 178.5757 BTC [-]	[02:04]
BTC-Mining	Who buys GIGA.ETF when GLBSE is down and GIGA.ETF won't upgrade to TERAMINING?	[02:07]
BTC-Mining	I wouldn't even buy it for 0.00005	[02:07]
mircea_popescu	maybe they're banking on the theory that giga will have to be listed somewhere	[02:08]
BTC-Mining	aye... but GIGA can't jsut resell the hardware once again on MPEx... or list for that matter.	[02:08]
BTC-Mining	or honour GIGA.ETF	[02:09]
mircea_popescu	who knows at this point	[02:09]
mircea_popescu	coupla btc bets, might be anything	[02:09]
BTC-Mining	The proof GIGA.ETF had rights to any proceeds is now offline.	[02:09]
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mircea_popescu	true.	[02:09]
BTC-Mining	Even if he did such a thing as reissuing, GIGA.ETF would hold no value	[02:09]
mircea_popescu	because why ?	[02:10]
BTC-Mining	no proof would be left GIGA.ETF held anything?	[02:11]
BTC-Mining	So only the new issue would hold any value.	[02:11]
mircea_popescu	i think even if glbse never comes back we might be able to reconstruct some chain of ownership	[02:12]
rdponticelli	BTC-Mining: Do you want to short it?	[02:12]
BTC-Mining	Short GIGA.ETF? Why not?	[02:13]
mircea_popescu	so why aren;'t you ?	[02:13]
BTC-Mining	I need shares to short it, don't I?	[02:13]
BTC-Mining	Pretty much it.	[02:13]
assbot	[MPEX] [F.GIGA.ETF] 13500 @ 0.00027771 = 3.7491 BTC [-]	[02:13]
assbot	[MPEX] [F.GIGA.ETF] 15000 @ 0.00027771 = 4.1657 BTC [-]	[02:14]
mircea_popescu	you can borrow, you're aware ?	[02:14]
BTC-Mining	Mircea said it would not upgrade to TERAMINING in any case.	[02:14]
BTC-Mining	Yes. I haven't really asked about that tho.	[02:14]
mircea_popescu	i said there's not going to be any shareholders-pay upgrades	[02:14]
BTC-Mining	Pretty much what I meant	[02:15]
mircea_popescu	yea.	[02:15]
pigeons	BTC-Mining: i believe giga will pay mircea_popescu to pay coupons on GIGA.ETF	[02:15]
pigeons	i think you'll have a much harder time getting paid for your glbse GIGAs, although I believe he will honor those too	[02:16]
mircea_popescu	im sure he'd honor anything once there's a list of shareholders and we can work out ownership	[02:16]
mircea_popescu	but in the absolute-worst-case scenario, glbse is never heard from again, this will be a mess.	[02:17]
BTC-Mining	Aye	[02:17]
pigeons	certainly	[02:17]
mircea_popescu	i think actually it should be "illegal" to have an exchange w/o gpg from now on.	[02:18]
pigeons	i think one of glbse's partners has decided to make things difficult for him and the earliest maybe coins will begin to move is october 12th	[02:18]
pigeons	oh wait	[02:18]
mircea_popescu	i mean... it's just asking for trouble. how do you delist ? how do you cover the endgame ? it's irresponsible.	[02:19]
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pigeons	i think in the heat of the moment, nefario made a move to secure the usd backing of the coins when they were not returned and has made things much more difficult	[02:20]
mircea_popescu	lol	[02:21]
pigeons	if you are looking to file suit against glbse you will not be eligble for repayment	[02:21]
mircea_popescu	"eligibile". as if there's choice involved lol	[02:21]
pigeons	threats are taken serious by my internet lawyer. a few of you will find out just how serious i mean.	[02:21]
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BTC-Mining	Wait mircea, how much is MPEx valued at?	[02:23]
mircea_popescu	!ticker s.mpoe	[02:25]
assbot	[MPEX:S.MPOE] 1day: 0.00035988 / 0.00036937 / 0.00037408 (1787481 shares, 660.25 BTC), 30day: 0.00034 / 0.00038742 / 0.00042 (64897398 shares, 25,142.71 BTC)	[02:25]
mircea_popescu	387`420 btc on 30day avg	[02:25]
pigeons	http://polimedia.us/trilema/2012/mpoe-rezultate-septembrie-2012/	[02:26]
mircea_popescu	what about it pigeons ?	[02:26]
pigeons	the page was vandalized though there is a scary freak at the top	[02:26]
mircea_popescu	lol	[02:26]
pigeons	oh i thought that could help him value mpex	[02:26]
mircea_popescu	i change my header every quarter	[02:26]
mircea_popescu	so my underwear is now pink :(	[02:27]
BTC-Mining	Impressive, over 2400 BTC dividend eh	[02:28]
mircea_popescu	actually it was 4800 btc but only 500mn shares are issued	[02:28]
BTC-Mining	hmm, fancy	[02:28]
mircea_popescu	(because of the way mpoe works with nonvoting stock you can never sell > 50% of any comp)	[02:28]
mircea_popescu	it was an exceptionally good month tho	[02:28]
BTC-Mining	Yes, it seems so. 1.2% returns.	[02:29]
mircea_popescu	.py 4872.46491161 / 387420	[02:29]
markac	0.0125766994776	[02:29]
mircea_popescu	o hey, 1.25 even.	[02:29]
mircea_popescu	.py 0.0125766994776 ^^ 12	[02:30]
markac	SyntaxError: invalid syntax (, line 1)	[02:30]
mircea_popescu	.py 0.0125766994776 ** 12	[02:30]
markac	1.56603044905e-23	[02:30]
mircea_popescu	gah	[02:30]
mircea_popescu	.py 1.0125766994776 ** 12	[02:30]
markac	1.16181011912	[02:30]
mircea_popescu	16% pa.	[02:30]
pigeons	ponzi!	[02:30]
mircea_popescu	pigeons i was having fun with watching it in romanian leu right ? cause share price went up in btc, btc went up in usd, usd went up in ron	[02:31]
mircea_popescu	so i went from like, 500k 7mn, 11.5mn, 16 mn etc	[02:31]
B0g4r7	Tell us how MPOE is different from GLBSE such that it is unlikely to suffer the same kind of problems.	[02:31]
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mircea_popescu	http://polimedia.us/bitcoin/faq.html#21	[02:32]
mircea_popescu	and read the next one too	[02:32]
BTC-Mining	Yeah, but suppose you have a heart attack RIGHT NOW and can't actually do those actions, who will do them. Who else has access to MPEx?	[02:34]
B0g4r7	Specifically with regard to jurisdiction and regulatory intervention, are you located in a place that is less jackbooted than the UK?	[02:35]
BTC-Mining	or anything which would unexpectedly render you unable to perform said actions.	[02:35]
mircea_popescu	B0g4r7 romania	[02:35]
BTC-Mining	He's in Romania...	[02:35]
mircea_popescu	BTC-Mining my cto.	[02:35]
BTC-Mining	Good to know	[02:35]
mircea_popescu	(woman in whose name polimedia.us is registered)	[02:35]
pigeons	oh that's cute, you call it your cto	[02:36]
mircea_popescu	well she is	[02:36]
pigeons	oh its a person nevermind	[02:36]
mircea_popescu	has a romanian greencard and everything.	[02:36]
mircea_popescu	(and no, no relation to mpoe-pr either)	[02:37]
pigeons	ok as long as -pr has no access to the site	[02:37]
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assbot	[MPEX] [F.GIGA.ETF] 200 @ 0.00027771 = 0.0555 BTC [-]	[02:39]
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assbot	[MPEX] [F.GIGA.ETF] 481 @ 0.0002777 = 0.1336 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 3400 @ 0.00027769 = 0.9441 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 8800 @ 0.00027768 = 2.4436 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 10300 @ 0.00027766 = 2.8599 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 6200 @ 0.00027761 = 1.7212 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 10600 @ 0.00027715 = 2.9378 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 13300 @ 0.00027144 = 3.6102 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 10900 @ 0.0002561 = 2.7915 BTC [-]	[02:48]
assbot	[MPEX] [F.GIGA.ETF] 464 @ 0.00023469 = 0.1089 BTC [-]	[02:48]
mircea_popescu	that you BTC-Mining ?	[02:48]
BTC-Mining	Unfortunately, no	[02:52]
BTC-Mining	I wouldn't mind however	[02:52]
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B0g4r7	GLBSE bet submitted. Now let's see how long it takes BoB to approve and post it.	[03:02]
B0g4r7	"For this statement to be false, on November 1 2012 at 12:00 AM UTC, the gblse.com website must be online and accessible to internet users, users must be able to log in, and users must be able to execute both buy and sell trades on the listed securities. At least 5 securities must be listed."	[03:04]
thoa_afk	^^ interesting	[03:08]
smickles	0_o	[03:08]
smickles	jeez, 30 minutes per confirm :\|	[03:11]
assbot	[MPEX] [S.MPOE] 13200 @ 0.00037338 = 4.9286 BTC [+]	[03:13]
midnightmagic	LOL	[03:13]
smickles	;;bc,nethash	[03:13]
gribble	20438.58573175134	[03:13]
smickles	midnightmagic: will you place a bet on that ?	[03:14]
thoa_afk	there are some weird bets at BoB -.-	[03:14]
midnightmagic	smickles: No, there are too many possible technicalities.	[03:15]
midnightmagic	For example, it completely leaves out all the pre-existing assets that users currently "own".	[03:15]
midnightmagic	So what happens if glbse just arbitrarily steals everyone's assets? I mean who wins the bet then?	[03:16]
BTC-Mining	https://bitcointalk.org/index.php?topic=115669.0	[03:18]
thoa_afk	wins the bet then?	[03:18]
thoa_afk	02:18 < BTC-Mining> https://bitcointalk.org/index.php?topic=115669.0	[03:18]
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BTC-Mining	Seems like the bet is already won? I don't know.	[03:19]
copumpkin	no shit, nefario is nefarious	[03:19]
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smickles	any you're a pumpkin	[03:20]
smickles	:P	[03:20]
rlynao	whats new friends?	[03:23]
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BTC-Mining	https://bitcointalk.org/index.php?topic=115669.0	[03:24]
BTC-Mining	GLBSE closing down	[03:24]
BTC-Mining	Well at least theymos claim Nefario has completly cut relations with other GLBSE owners	[03:24]
rlynao	you will claim your assets and run on mpex?	[03:25]
BTC-Mining	Might do so, yes.	[03:25]
B0g4r7	Well that bet got moot fast. Oh well.	[03:25]
copumpkin	mircea_popescu: congrats :P	[03:25]
mircea_popescu	on ?	[03:25]
BTC-Mining	GLBSE closing down?	[03:25]
copumpkin	mircea_popescu: your competition dying a horrible death	[03:25]
BTC-Mining	Look at the link.	[03:26]
knotwork	Maybe instead of everyone sharing one fate it would be better to put each asset-issuer on a separate server just for their assets and no one else's?	[03:26]
mircea_popescu	copumpkin lol ty but...	[03:26]
copumpkin	mircea_popescu: as an MPOE shareholder, I demand that you bring back the unicorn	[03:26]
BTC-Mining	Mircea is not interested in what's being issued on GLBSE, except maybe a few things...	[03:26]
BTC-Mining	like Gigavps	[03:27]
BTC-Mining	well, Gigamining	[03:27]
mircea_popescu	copumpkin lol	[03:27]
copumpkin	BTC-Mining: doesn't matter, less competition is better for him	[03:27]
mircea_popescu	how is less competition better ?	[03:27]
mircea_popescu	i'd like to have SOME competition. what i don't like is people thinking glbse was competition	[03:27]
mircea_popescu	who ever heard of nyse competing with magichipy.cn ?	[03:27]
copumpkin	lol	[03:27]
teek	wow	[03:28]
teek	what in the actual fuck	[03:28]
pigeons	yeah i liked the unicorn too	[03:28]
copumpkin	teek: you're surprised?	[03:29]
mircea_popescu	at this point im guessing i will take deadterra off my ignore	[03:29]
mircea_popescu	once he submits a gpg signed apology for his idiocy yest	[03:29]
teek	copumpkin: at how it is actually going down.. yeah i guess i am	[03:29]
copumpkin	I've maintained that nefario is a bit of a clueless hack for months now	[03:29]
copumpkin	but I'm a nice guy so I don't usually put it in those terms	[03:29]
pigeons	i thought he was a bit of a clueless hack, but this is harmful	[03:30]
copumpkin	yeah	[03:30]
B0g4r7	This what I call Epic Fail.	[03:30]
B0g4r7	B0g4r7_ BitcoinBaltar bitfoo bittenbit__ blakdawg bonks brbot BTC-Mining BTCHero BurtW	[03:31]
*	mircea_popescu waves to BTC-Mining	[03:31]
*	BTC-Mining waves back	[03:32]
BTC-Mining	Hey, plenty of madness over here in the forum	[03:33]
BTC-Mining	At this rate, no single bitcoiner will be left trusting anything.	[03:33]
smickles	woh	[03:33]
smickles	i just saw this https://bitcointalk.org/index.php?topic=115669.0	[03:33]
BTC-Mining	yes, I just posted it everywhere...	[03:34]
BTC-Mining	Withdrawals will require giving your identity	[03:37]
B0g4r7	I do believe that's a big fat Scammer tag I see headed Nefario's way.	[03:37]
pigeons	worse than scammer	[03:38]
B0g4r7	Betrayer, etc.	[03:38]
pigeons	he's shutting down, what does he need your ids for	[03:38]
pigeons	there is one reason. not like it wasn't likely this would happen.	[03:38]
B0g4r7	Because he's flipped and is working for those who pwned him, perhaps.	[03:38]
BTC-Mining	FSA might have put it's nose in the case...	[03:38]
assbot	[MPEX] [S.MPOE] 3519 @ 0.00037338 = 1.3139 BTC [+]	[03:38]
assbot	[MPEX] [S.MPOE] 39881 @ 0.00037384 = 14.9091 BTC [+]	[03:38]
BTC-Mining	After the SEC got interested in it.	[03:39]
smickles	so, what's this community think of 'snitches', as nef is likely one	[03:39]
B0g4r7	I think he deserves the cold shoulder or worse.	[03:39]
BTC-Mining	So... how do I even contact Nefario?	[03:40]
smickles	BTC-Mining: well, a few of us have his cell, if it's still active	[03:40]
mircea_popescu	Nefario: You are obviously unqualified to be anywhere near a project of the complexity of an exchange, even for play money (which I suspect BTC are, for most of you here, at least judging on behavior records).	[03:40]
mircea_popescu	anyone guess the date on that quote ?	[03:40]
pigeons	matthewh3 talked to him on the cell earlier today	[03:40]
mircea_popescu	BTC-Mining don't shittalk. mpex was fine all along, and is fine to this day.	[03:40]
pigeons	no one likes a gloater mircea_popescu	[03:40]
mircea_popescu	pigeons it's ok, i don;'t like people who are liked.	[03:41]
rlynao	so you love self?	[03:41]
mircea_popescu	and urmom.	[03:41]
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pigeons	NO U	[03:41]
BTC-Mining	mircea, what?	[03:41]
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smickles	NO_OOh: nefario!	[03:42]
BTC-Mining	When did I ever say MPEx was not fine?	[03:42]
mircea_popescu	BTC-Mining At this rate, no single bitcoiner will be left trusting anything. <<	[03:42]
smickles	NO_OOh: rough few days, eh?	[03:42]
pigeons	i trust Luke-Jr	[03:42]
mircea_popescu	actually i trust luke to	[03:42]
BTC-Mining	oh... barring some exceptions. I mean, bitcoiners tend to trust MtGox too.	[03:42]
mircea_popescu	i trust him not to sell btc under 20	[03:42]
dub	I turst him to turn his kids into serial killers	[03:43]
pigeons	i even believed nefario was a doctor	[03:43]
Azelphur	smickles: what's the point of him snitching exactly though?	[03:43]
pigeons	to save his ass	[03:43]
pigeons	he hopes	[03:43]
Azelphur	I mean, nefario is UK based right?	[03:43]
smickles	Azelphur: avoid jail, lower fine	[03:43]
Azelphur	yea, I mean I know that from his side	[03:44]
Azelphur	but what are they even going to do to the investors?	[03:44]
smickles	guys, he's here, just ask him	[03:44]
Azelphur	good point :p	[03:44]
pigeons	nefario: any comments?	[03:44]
Azelphur	I don't see him here	[03:44]
BTC-Mining	I don't either	[03:44]
Azelphur	unless my nicklist is bugged xD	[03:44]
smickles	00:41 -!- NO_OOh [~james@cpc24-seve20-2-0-cust342.13-3.cable.virginmedia.com] has joined #bitcoin-assets	[03:44]
mircea_popescu	is the NO_OOh him ?	[03:44]
pigeons	it is	[03:44]
Azelphur	ah, fun	[03:44]
BTC-Mining	No?	[03:44]
pigeons	not the ip he has been using	[03:45]
dub	he's been joining with retarded nicks lately	[03:45]
pigeons	NO_OOh: ?	[03:45]
dub	something about farting yesterday	[03:45]
NO_OOh	ahaha I AM NEFARIOS!!!!	[03:45]
smickles	lol	[03:45]
copumpkin	not just one	[03:45]
mircea_popescu	lol nm	[03:45]
copumpkin	but many nefarios	[03:45]
smickles	it werked!	[03:45]
Azelphur	xD	[03:45]
BTC-Mining	aye, it's not Nefario	[03:45]
B0g4r7	If you're not Nef, why do you look like him?	[03:46]
pigeons	its no fun berating a wall	[03:46]
Azelphur	smickles: I imagine if you get the who owns what shares info off them, we don't need GLBSE funds anyway	[03:46]
pigeons	i say it is him, let's get him!	[03:46]
NO_OOh	she's a witch!	[03:46]
B0g4r7	Nefario, do the right thing and return our asets without dragging us into your mess.	[03:46]
*	gigavps (~gigavps@172.222.222.159) has joined #bitcoin-assets	[03:46]
dub	rg: how you like him now	[03:46]
smickles	Azelphur: there were only a few hundred satoshi on glbse anyway	[03:46]
Azelphur	yea, I have a few BTC there	[03:46]
Azelphur	nothing I can't afford to loose	[03:46]
dub	someon quote rg sucking his dick an hour ago	[03:46]
dub	for the lulz	[03:47]
B0g4r7	I have (well I guess had not) a non-trivial amount of BTC there.	[03:47]
B0g4r7	now	[03:47]
Azelphur	the thing I'm curious about, say we give the nefario our info and he is snitching	[03:47]
Azelphur	what are they going to arrest us for?	[03:47]
dub	[17:53] i have full confidence in nefario	[03:47]
mircea_popescu	lol	[03:47]
Azelphur	trading in a commodity?	[03:47]
dub	[17:52] nefario is going to sort everyhting out	[03:47]
Azelphur	o.O	[03:47]
smickles	rg: how about that backup of the db	[03:47]
BTC-Mining	Unless Nefario encountered legal issues	[03:48]
smickles	rg: give me a list of s²cm's shareholders and ssociated amounts	[03:48]
mircea_popescu	smickles signed.	[03:48]
smickles	*associated	[03:48]
smickles	mircea_popescu: by who? rg?	[03:48]
mircea_popescu	yea	[03:48]
smickles	good point	[03:48]
smickles	rg: what he said	[03:48]
BTC-Mining	You need the latest one, not a backup. Also, who will give a code to each holder so they can claim the assets?	[03:49]
mircea_popescu	codes don't work lol	[03:49]
BTC-Mining	You'll only have alias + assets held	[03:49]
smickles	BTC-Mining: i think the 'backup' rg has is the hd of the server	[03:49]
mircea_popescu	and incidentally, the last backup available is the registry of record	[03:49]
mircea_popescu	anyone trading past that point is sol.	[03:49]
B0g4r7	My deposit address could be my code.	[03:49]
B0g4r7	Since I already have that.	[03:50]
BTC-Mining	erhm... people sometimes deposit from address they don't control	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 16400 @ 0.00021321 = 3.4966 BTC [-]	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 18800 @ 0.00021085 = 3.964 BTC [-]	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 10000 @ 0.00018002 = 1.8002 BTC [-]	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 4000 @ 0.00018001 = 0.72 BTC [-]	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 151188 @ 0.00018 = 27.2138 BTC [-]	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 16075 @ 0.00002002 = 0.3218 BTC [-]	[03:51]
smickles	lol	[03:51]
B0g4r7	The address I sent my BTC to to deposit it into glbse.	[03:51]
BTC-Mining	Gigamining not worth much anymore	[03:51]
assbot	[MPEX] [F.GIGA.ETF] 186388 @ 0.00002002 = 3.7315 BTC [-]	[03:52]
dub	I'm creating the future of bitcoin!	[03:53]
smickles	mircea_popescu: do you think this will affect the btcusd exchange rate?	[03:54]
smickles	heh, maybe that short was nef	[03:54]
*	da2ce796 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets	[03:54]
smickles	;D	[03:54]
B0g4r7	dub: I'm creating the future of bitcoin! <-- Sad if true	[03:54]
smickles	;;rated nefario	[03:55]
gribble	You have not yet rated user nefario	[03:55]
smickles	:)	[03:55]
Azelphur	I wonder if nefario is planning on posting an update today	[03:55]
BTC-Mining	Maybe... who knows	[03:55]
rdponticelli	Glad nobody took my bid of 1 satoshi for glbse shares	[03:56]
*	Lucidize (~Lucidize@host-78-145-110-12.as13285.net) has joined #bitcoin-assets	[03:56]
*	Lucidize has quit (Changing host)	[03:56]
*	Lucidize (~Lucidize@unaffiliated/lucidize) has joined #bitcoin-assets	[03:56]
BTC-Mining	according to theymos, he kind of cut the bridges	[03:56]
rdponticelli	I'm better of with my satoshis	[03:56]
smickles	;;rate nefario -1 seems to have broken contracts and screwed over many people for his own ass	[03:56]
gribble	Error: For identification purposes, you must be identified via GPG to use the rating system.	[03:56]
smickles	grr	[03:56]
smickles	;;rate nefario -1 seems to have broken contracts and screwed over many people for his own ass	[03:57]
gribble	Rating entry successful. Your rating of -1 for user nefario has been recorded.	[03:57]
Azelphur	if it comes to it, I have a real name along with bank account # and sort code for nefario.	[03:57]
Azelphur	I'm sure we could dox him with that :P	[03:57]
Azelphur	lets hope that it doesn't and he resolves this by not scamming everybody though	[03:57]
pigeons	um he did scam everybody	[03:58]
pigeons	he won't give back your stuff without giving your id to bad guys	[03:58]
Azelphur	well, by that I mean I get my money back :p	[03:58]
Azelphur	most of my information is actually publicly available anyway lol	[03:58]
B0g4r7	He scammed me, unless he changes his position.	[03:58]
Azelphur	so it depends on what info he actually wants	[03:58]
Azelphur	yea	[03:59]
pigeons	oh which unregistered securities you bought and for how much is public?	[03:59]
Azelphur	I mean the other thing to note is that this is posted by theymos, theymos isn't nefario	[03:59]
pigeons	that is true. i would like to hear nefario's side, but i haven't	[03:59]
Azelphur	pigeons: yep, I've pretty much said I made a transaction every time I did in here, rofl	[03:59]
B0g4r7	Yes, I'm gonna wait for word straight from the horse's mouth, as it were.	[03:59]
Azelphur	and my real info is findable super easy given my nickname	[03:59]
Azelphur	everybody knows I own a boatload of S2CM, et	[03:59]
Azelphur	c	[04:00]
B0g4r7	I don't care how public or not my info is. Imposing this kind of requirement without full disclosure prior to taking my money is unacceptable.	[04:01]
BTC-Mining	Aye, but who knows if Nefario even has a choice?	[04:01]
B0g4r7	Why would he not have a choice?	[04:02]
pigeons	he has a choice	[04:02]
pigeons	he knew this was a likely outcome when he started the exchange	[04:02]
BTC-Mining	The way theymos talks about it, it seems Nefario is under legal trouble.	[04:02]
pigeons	if he wasn't prepared to not fuck people he shouldn't have gone this far	[04:02]
B0g4r7	I don't care what his situation is. What he is imposing on me is wrong.	[04:02]
BTC-Mining	Well for one, showing himself for the world to see as the manager of GLBSE during the bitcoin conference...	[04:03]
BTC-Mining	kind of an "instant target" move	[04:03]
B0g4r7	I myself was in a similar situation once, where I was facing criminal legal action, with the prosecutor talking about multiple years in prison, and that I could save my ass by ratting ppl out.	[04:04]
B0g4r7	Did I rat anyone out? No, I did not.	[04:04]
mircea_popescu	B0g4r7 when people aren't just pixels on the screen things work differently it seems	[04:04]
*	Lucidize has quit (Quit: Leaving)	[04:04]
mircea_popescu	He is also illegally using user deposits to pay for his lawyer.	[04:05]
mircea_popescu	dun dun dun	[04:05]
mircea_popescu	how about that!	[04:05]
smickles	so that, if true, makes him a thief	[04:05]
BTC-Mining	That is theymos' claim	[04:05]
BTC-Mining	Might well be true.	[04:05]
mircea_popescu	right. and theymos has the perfect reason to lie :	[04:05]
fridge	very quick to make tenuous and unsubstantiated claims	[04:05]
*	copumpkin has quit (Ping timeout: 244 seconds)	[04:06]
Azelphur	B0g4r7 but as I keep saying, I don't think there is any 'ratting out' going on here, we havn't committed any crimes	[04:06]
B0g4r7	Then you tell me wtf this "identity" business is all about.	[04:06]
*	Doffx (~doff@c-76-28-215-172.hsd1.wa.comcast.net) has joined #bitcoin-assets	[04:07]
Azelphur	he may have violated some financial regs, but this isn't exactly a big drug bust	[04:07]
pigeons	there is ratting out going on and you have committed what they consider "crimes"	[04:07]
fridge	bitcoin isn't a currency, it's a digital asset -- like a dress in second life	[04:07]
*	pumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[04:07]
fridge	:P	[04:07]
rlynao	send me your digital clothings pls	[04:07]
pigeons	and ratting you out over something minor is no less shitty than ratting you out over something major	[04:07]
Azelphur	I think it's likely that nefario is simply being forced to follow financial regulations	[04:07]
Azelphur	which means, he needs that information in order to do so	[04:07]
pigeons	he's shutting down	[04:07]
Azelphur	yea, he needs that information in order to legally shut down	[04:08]
pigeons	you are so deluded	[04:08]
Azelphur	pigeons: I keep asking this, 4th time now, and nobody has replied	[04:08]
Azelphur	say he does rat us out, what's going to happen?	[04:08]
B0g4r7	Well, fuck you Nefario. I hope you're happy with the monies you stole from me.	[04:08]
pigeons	to you, likely nothing	[04:09]
pigeons	what about to guys like giga?	[04:09]
*	Azelphur shrugs	[04:09]
mircea_popescu	pigeons i guess guys like giga are royally fucked.	[04:09]
mircea_popescu	Then you tell me wtf this "identity" business is all about. << nefario noticed it "worked" for pirate	[04:10]
mircea_popescu	so why not use it ?	[04:10]
B0g4r7	I don't know the whole pirate story. What do you mean it worked for pirate?	[04:10]
mircea_popescu	B0g4r7 he claimed that shit, bought him a few extra weeks of confusion	[04:11]
B0g4r7	oh	[04:11]
Azelphur	I think from now on if we want to do securities we should make it decentralised xD	[04:11]
*	boonies4u (6167e5f5@gateway/web/freenode/ip.97.103.229.245) has joined #bitcoin-assets	[04:11]
B0g4r7	^	[04:11]
Azelphur	perhaps even a blockchain fork for it	[04:11]
pigeons	#opentransactions	[04:11]
B0g4r7	DECENTRALIZE ALL THE TARGETS	[04:11]
mircea_popescu	haha blockchain fork for my foot, gtfo	[04:11]
boonies4u	any news from the good doctor?	[04:11]
mircea_popescu	boonies4u yea, he cut and run	[04:11]
boonies4u	i said news from him, not about him	[04:12]
Azelphur	He's in UK right? it is like 2am here	[04:12]
Azelphur	and he is scheduled for news today	[04:12]
Azelphur	so maybe he'll have some later in the day	[04:12]
pigeons	yeah, that's it, he's just sleeping	[04:12]
BTC-Mining	Ah, time for crazy scenario speculation then just like pirate: One of his chinese wife's relative (or his wife) got sick and he's running with the money in China to have said person treated.	[04:13]
mircea_popescu	"I wish I would have sold for 0.06 when I had the chance."	[04:13]
mircea_popescu	famouslast workd	[04:13]
mircea_popescu	words*	[04:13]
boonies4u	BTC-Mining: that was MNW's right?	[04:13]
boonies4u	story that is	[04:13]
smickles	;;ticker	[04:14]
gribble	Best bid: 12.694, Best ask: 12.8, Bid-ask spread: 0.10600, Last trade: 12.695, 24 hour volume: 31069, 24 hour low: 12.51, 24 hour high: 12.96399	[04:14]
BTC-Mining	no? Just made it up about Nefario.	[04:14]
BTC-Mining	He was in China for some time, claimed to be visiting his wife's relatives	[04:14]
BTC-Mining	before going back home in the UK	[04:14]
boonies4u	i think MNW when his bet was going on	[04:14]
pigeons	fuck, the chinese relic hunter is holding his wife captive, and needs our info for identify theft	[04:14]
boonies4u	traveled cross country	[04:14]
smickles	post-hoc ergo propter-hoc (sp?) makes for some good crazy stories	[04:15]
B0g4r7	Maybe I can sell my glbse claim to someone who can stomach the withdrawl requirements.	[04:15]
pigeons	sell it to Azelphur	[04:16]
mircea_popescu	B0g4r7 maybe for btc helf you folks could have a syndicate	[04:16]
smickles	B0g4r7: me	[04:16]
pigeons	he has nothing to hide	[04:16]
mircea_popescu	1 id demands all accts.	[04:16]
mircea_popescu	actually, this would be the perfect way to stick it to nefario	[04:16]
smickles	he already has my infos	[04:16]
mircea_popescu	every glbse customer get together,	[04:16]
B0g4r7	I may try and do that, but I'm gonna wait a bit first and see what happens.	[04:16]
mircea_popescu	pick one identity	[04:16]
mircea_popescu	give him that	[04:16]
mircea_popescu	and demand ALL ACCOUNTS under it	[04:17]
mircea_popescu	make glbse go down in history for what it was : a huge selftrade platform.	[04:17]
smickles	everyone, sign you shit over to me, and document the tx	[04:17]
BTC-Mining	B0g4r7, doubt it's possible, will require an unique identity for your account.	[04:17]
B0g4r7	lol	[04:17]
smickles	when it's over, i'll send the stuffs back to you	[04:17]
smickles	I'll sign contracts for everything	[04:17]
NO_OOh	this is so funny	[04:17]
NO_OOh	HEY EVERYONE LISTEN UP	[04:17]
NO_OOh	IM NEFARIO	[04:18]
NO_OOh	AND I HAVE ALL YOUR MONEY	[04:18]
assbot	[MPEX] [S.MPOE] 39300 @ 0.00037146 = 14.5984 BTC [-]	[04:18]
assbot	[MPEX] [S.MPOE] 900 @ 0.00037145 = 0.3343 BTC [-]	[04:18]
NO_OOh	AND IM NOW LIVING IT UP ON THE ISLE OF WHITE	[04:18]
smickles	why the isle of white?	[04:18]
mircea_popescu	ignore NO_OOh ALL	[04:18]
NO_OOh!@	added to ignore list.	[04:18]
Usage:	QUERY [-nofocus] , opens up a new privmsg window to someone	[04:18]
mircea_popescu	;;later tell theymos you're disgusting, you know that ?	[04:19]
gribble	The operation succeeded.	[04:19]
*	NO_OOh has quit (Quit: Leaving.)	[04:19]
B0g4r7	Does anyone have channel logs from when (if) Nefario was on irc previously, and can you check if the host matches?	[04:19]
mircea_popescu	i have them	[04:19]
BTC-Mining	The host doesn't match	[04:19]
B0g4r7	Not even close I guess?	[04:20]
dub	maybe nefarios wife got sick of hime saying LIKE all the time and left, so he needed the money to mail order another one	[04:20]
boonies4u	i'm surprised my loan to invest in mining ops and hardware actually was fulfilled, even after I announced that I would be delaying its activation due to glbse going down	[04:20]
*	mrdavis (~mrdavis@d118-75-117-26.try.wideopenwest.com) has left #bitcoin-assets	[04:20]
BTC-Mining	[12:53] * nefario (~james@92.40.253.69.threembb.co.uk) has joined #bitcoin-assets	[04:21]
B0g4r7	thx	[04:21]
BTC-Mining	his usual IP/ISP	[04:21]
*	phlebotomous (4f72100b@gateway/web/freenode/ip.79.114.16.11) has joined #bitcoin-assets	[04:22]
boonies4u	gigavps: oh hey giga	[04:22]
boonies4u	is he up?	[04:23]
boonies4u	I don't want to wake him up cough cough	[04:23]
boonies4u	0:3	[04:23]
BTC-Mining	it's 3 am in the UK, phone probably off	[04:24]
boonies4u	would be my guess	[04:24]
boonies4u	my guess is that voicemail is full anyways	[04:24]
*	Luke-Jr has quit (Ping timeout: 260 seconds)	[04:24]
assbot	[MPEX] [F.GIGA.ETF] 89300 @ 0.00004046 = 3.6131 BTC [+]	[04:25]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[04:27]
Bugpowder	sup	[04:27]
assbot	[MPEX] [S.BVPS] 371 @ 0.0034151 = 1.267 BTC [-]	[04:27]
assbot	[MPEX] [S.BVPS] 1000 @ 0.0034007 = 3.4007 BTC [-]	[04:27]
assbot	[MPEX] [S.BVPS] 18 @ 0.00340069 = 0.0612 BTC [-]	[04:27]
assbot	[MPEX] [S.BVPS] 450 @ 0.00339771 = 1.529 BTC [-]	[04:27]
assbot	[MPEX] [S.BVPS] 521 @ 0.00338559 = 1.7639 BTC [-]	[04:27]
assbot	[MPEX] [S.BVPS] 300 @ 0.00338521 = 1.0156 BTC [-]	[04:27]
assbot	[MPEX] [F.GIGA.ETF] 43312 @ 0.00007229 = 3.131 BTC [+]	[04:27]
mircea_popescu	Bugpowder o you missed out on the fun	[04:28]
Bugpowder	come on dudes	[04:28]
Bugpowder	don't sell BVPS	[04:28]
mircea_popescu	Bugpowder glbse is gone.	[04:28]
Bugpowder	they are paying 3%	[04:28]
Bugpowder	dude	[04:28]
*	paladon has quit ()	[04:28]
Bugpowder	I was the first one to notice	[04:28]
mircea_popescu	for good.	[04:28]
mircea_popescu	nono	[04:28]
Bugpowder	who started the thread	[04:28]
mircea_popescu	moar.	[04:28]
Bugpowder	I read it	[04:28]
Bugpowder	theymos	[04:28]
mircea_popescu	a ok :p	[04:28]
Bugpowder	blah blah blah	[04:28]
Bugpowder	send your license to nefario	[04:28]
Bugpowder	get your coins	[04:28]
Bugpowder	maybe I wil	[04:28]
assbot	[MPEX] [F.GIGA.ETF] 12000 @ 0.00010894 = 1.3073 BTC [+]	[04:29]
boonies4u	theymos' thread interests me	[04:29]
Bugpowder	I fucked up	[04:29]
boonies4u	nefario sure is comiong off as pathetic	[04:29]
Bugpowder	4% of coins in GLBSE	[04:29]
boonies4u	Bugpowder: and you are?	[04:29]
Bugpowder	gigamining	[04:30]
Bugpowder	it was what kept me in	[04:30]
noagendamarket	needs a security innuers collective to start a new site	[04:30]
boonies4u	giga is a good guy, he'll work with you	[04:30]
Bugpowder	yeah	[04:30]
noagendamarket	*issuers	[04:30]
Bugpowder	I wanted to make a private placement with him	[04:30]
noagendamarket	https://bitcointalk.org/index.php?topic=115553.0 maybe use that	[04:30]
Bugpowder	no no no	[04:31]
Bugpowder	private investment is better	[04:31]
Bugpowder	It's so funny	[04:31]
mircea_popescu	Bugpowder o lol remember when you sold f.gigia.etf cause you wanted to hold on glbse ? :D	[04:31]
noagendamarket	sure but we need to get our users data off glvbse	[04:31]
boonies4u	litecoin global?	[04:31]
boonies4u	lol	[04:31]
Bugpowder	who would have though t that Romania was an advantage	[04:31]
noagendamarket	the code for it can be changed to btc	[04:31]
mircea_popescu	Bugpowder why do you think i'm here lol. for the pussy ?	[04:32]
boonies4u	hey gigavps how long does delivery of a bfl single take?	[04:32]
Bugpowder	Dude. I owned 85% of F.GIGA	[04:32]
Bugpowder	I own 39 shares of GIGAMINING	[04:32]
Bugpowder	big whoop	[04:32]
noagendamarket	http://www.cnvmr.ro/en/index.htm actually romania has a sec	[04:32]
mircea_popescu	a ? thought you had a lot	[04:32]
mircea_popescu	noagendamarket ofcourse ?!	[04:32]
noagendamarket	dunno if they know about mpex yet thouygh ;)	[04:32]
mircea_popescu	it also has a stock exchange	[04:32]
mircea_popescu	bvb.ro	[04:32]
mircea_popescu	but honestly i think mpex's site looks better	[04:33]
Bugpowder	lool	[04:33]
boonies4u	PFFF	[04:33]
noagendamarket	lol	[04:33]
boonies4u	looks better?	[04:33]
boonies4u	wat	[04:33]
assbot	[MPEX] [F.GIGA.ETF] 10000 @ 0.00010894 = 1.0894 BTC [+]	[04:33]
noagendamarket	trollin	[04:33]
pigeons	it did when the unicorn was there	[04:33]
noagendamarket	it looks lie a cross between my little pony and geocities	[04:34]
mircea_popescu	noagendamarket aptly put.	[04:34]
*	strello (~strello@unaffiliated/strello) has joined #bitcoin-assets	[04:35]
mircea_popescu	i am still puzzled by the bias of idiocy in bitcoinland.	[04:35]
BTC-Mining	Eh, MPEx is awful eyesight/usability wise.	[04:35]
mircea_popescu	people regularly shittalk the actual correct solutions	[04:35]
noagendamarket	do you have alicense from the romanian sec ?	[04:35]
BTC-Mining	It's pretty much aesthetical	[04:35]
boonies4u	text based glbse looks better than mpex	[04:35]
mircea_popescu	people regularly back the scammers in spite of piles of evidence	[04:35]
mircea_popescu	why ?	[04:35]
mircea_popescu	i mean it's practically a deathwish or something of the sort.	[04:35]
pigeons	its actually great on eyesight, usabilty is fine but i grant you its easier to not use pgp than to use it. but its more usable than glbse waiting 2 min between loads	[04:36]
boonies4u	glbse load time is/was shit	[04:36]
noagendamarket	I hope you never regged the domain or the servers using a credit card	[04:36]
mircea_popescu	boonies4u "butthatsok" ?	[04:36]
boonies4u	what's ok?	[04:36]
Bugpowder	MPEX loads fast	[04:36]
mircea_popescu	glbse load time is/was shit <<<	[04:36]
noagendamarket	or the site is linked to you physically in any way	[04:37]
mircea_popescu	do you forget what you say ?	[04:37]
boonies4u	mircea_popescu: no that's it	[04:37]
mircea_popescu	noagendamarket tried googling mircea popescu ?	[04:37]
boonies4u	glbse load time is/was shit	[04:37]
mircea_popescu	boonies4u and so therefore glbse is/was shit ?	[04:37]
noagendamarket	yes hes some rich fucker lol	[04:37]
boonies4u	mircea_popescu: no, cloudflare is shit	[04:37]
mircea_popescu	boonies4u you're an idiot :)	[04:37]
boonies4u	i'm joking :P	[04:38]
mircea_popescu	whoa. /ignore boonies4u	[04:38]
mircea_popescu	you got that in within a second lmao	[04:38]
boonies4u	wtf are you going on about?	[04:38]
mircea_popescu	i was just about to add you to my long and growing list of people i ignore.	[04:38]
boonies4u	because I was blaming the shitty load time on cloudflare?	[04:38]
mircea_popescu	no, because you were being an idiot.	[04:39]
boonies4u	by complaining about glbse's load time?	[04:39]
boonies4u	???	[04:39]
mircea_popescu	no. by failing to understand that bad load time is a killer in this discussion	[04:39]
mircea_popescu	looks are not. load time is.	[04:39]
pigeons	all you IBB holders get ready for guantanamo	[04:40]
boonies4u	a lot of things are factors	[04:40]
boonies4u	i will let you know when 30 btc is acceptable	[04:40]
mircea_popescu	pigeons lol srsly why do you keep trolling ppl ?	[04:40]
BTC-Mining	Ah, I guess I regret giving you ASICMINER shares to short mircea	[04:41]
boonies4u	how does IBB make money again?	[04:41]
mircea_popescu	do you not know there's kids rubbing off furiously to fantasies of them getting gitmo'd tonight ?	[04:41]
BTC-Mining	should have sold them.	[04:41]
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boonies4u	so has anyone vanished since glbse went down?	[04:41]
boonies4u	other than nefario ofc	[04:41]
mircea_popescu	BTC-Mining o, i guess that's fucked now huh.	[04:42]
mircea_popescu	wanna settle ?	[04:42]
pigeons	boonies4u: usagi has been quiet and was a little upset	[04:42]
Azelphur	I'm just watching the GLBSE talk atm, he's sitting there talking about how he works on it full time, and there are people who are working full time on it	[04:42]
Azelphur	I wonder what those people who work full time running assets are going to do	[04:42]
mircea_popescu	Azelphur aren't these films great in retrospect ?	[04:42]
boonies4u	pigeons: yeah, i doubt he's gonna vanish cause of this though	[04:42]
mircea_popescu	this is why i read newspapers 3 months later.	[04:42]
Azelphur	mircea_popescu: hehe	[04:43]
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mircea_popescu	usagi got saved by this i would guess.	[04:43]
pigeons	yeah	[04:44]
B0g4r7	Saved from himself	[04:44]
mircea_popescu	so now i can't update my nefario rating cause i don't want to lose my position as first to have negged him.	[04:44]
rdponticelli	Nice thing is that visionaries can see what is happening in retrospect	[04:44]
mircea_popescu	but he really deserves a -10	[04:44]
mircea_popescu	rdponticelli no mate. i saw it in frontespect.	[04:44]
mircea_popescu	https://bitcointalk.org/index.php?topic=77343.msg930030#msg930030 this is May. read that.	[04:44]
rdponticelli	Well, is just other way of call it	[04:44]
rdponticelli	I saw it coming too	[04:45]
BTC-Mining	Eh, settle? Settle for what?	[04:45]
rdponticelli	Remember me lowering my exposure?	[04:45]
BTC-Mining	Nothing left so far... assuming shareholder lists go out... what to do?	[04:45]
Azelphur	move to MPEx xD	[04:46]
Azelphur	#solutions	[04:46]
mircea_popescu	BTC-Mining well, i'll give you 10 BTC which is admittedly more than market value and you sign a gpg receipt renouncing any claim on that contract.	[04:46]
mircea_popescu	how about that ?	[04:46]
BTC-Mining	Eh, nah	[04:46]
pigeons	#assets-otc therocktrading.com cryptostocks.com	[04:47]
BTC-Mining	You can keep it.	[04:47]
BTC-Mining	You wanted to short it, you keep the benefits.	[04:47]
BTC-Mining	I'll survive	[04:47]
Azelphur	haha holy crap, he's talking about my loan!	[04:47]
Azelphur	in bitcoin conference	[04:47]
Azelphur	haha	[04:47]
Azelphur	I'M FAMOUS o/	[04:47]
mircea_popescu	BTC-Mining hey, it's more of an academic exercise. i'd like to do the full circle trade in contracts	[04:48]
mircea_popescu	to show how it works. it's why i'm offering over market.	[04:48]
BTC-Mining	You always were...	[04:49]
mircea_popescu	Azelphur has been famous ever since pympex :D	[04:49]
Azelphur	o/	[04:49]
Azelphur	I feel quite honored for the mention at the conference though haha, awesome	[04:50]
boonies4u	i don't know much about ya Azelphur	[04:50]
Azelphur	http://www.youtube.com/watch?v=vmPD_YSQ--k&t=18m17s this, the 400 GBP was me xD	[04:50]
boonies4u	just see you name around places	[04:50]
mircea_popescu	ironically, wasn't nefario trying to convince conference atendees about how scammy mpex is ?	[04:50]
Azelphur	mircea_popescu: XD	[04:50]
mircea_popescu	i guess that worked out fine for him.	[04:51]
BTC-Mining	I have GIGA.ETF shares now... someone sold into the bids when GLBSE closedown was announced =/	[04:51]
mircea_popescu	o hey	[04:51]
Azelphur	what's interesting though is everyone is calling him a scammer, he repaid that loan in full, with interest	[04:52]
BTC-Mining	Was it you?	[04:52]
mircea_popescu	Sep 16 01:13:36 mircea_popescu: would you like me to mention you or mpex?	[04:52]
mircea_popescu	Sep 16 01:14:01 no.	[04:52]
Azelphur	I made £40 on that loan xD	[04:52]
mircea_popescu	BTC-Mining wasn't me, i hold virtually none	[04:52]
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BTC-Mining	uh... well I have no idea who.	[04:55]
mircea_popescu	BTC-Mining don't worry,. when i get kyc done i'll pass info along	[04:56]
mircea_popescu	:D	[04:56]
smickles	mircea_popescu: should I start one of those, 'all yous who told mpoe-pr to shove it when she was telling you glbse was a scam, come here and apologise" threads?	[04:57]
smickles	;)	[04:57]
mircea_popescu	lol	[04:58]
mircea_popescu	not like they will anyway.	[04:58]
mircea_popescu	people'd rather be wrong and poor.	[04:58]
smickles	seriously? not me	[04:58]
mircea_popescu	well not everyone, but the sort that don't like mpex, invest in ponzis, think business = website + domain name etc.	[04:59]
BTC-Mining	People were angry she invented fact/misquoted them/passed rumors as facts. Not her actual claims.	[04:59]
smickles	i'm wrong often and admit it often enough. luckily i'm usually wrong about trivial things	[04:59]
smickles	like how many km is rivendel away from the source of the river it banks on	[05:00]
smickles	fuck that trivia question	[05:00]
mircea_popescu	lmao	[05:00]
mircea_popescu	i hate trivia	[05:00]
assbot	[MPEX] [S.MPOE] 100 @ 0.00037145 = 0.0371 BTC [-]	[05:00]
assbot	[MPEX] [S.MPOE] 29100 @ 0.00037144 = 10.8089 BTC [-]	[05:00]
smickles	I couldn't even google that question.	[05:00]
*	da2ce796 has quit (Ping timeout: 256 seconds)	[05:00]
smickles	I had to break out my 1st edition LOTR	[05:00]
noagendamarket	Nefario went full retard. Never go full retard	[05:01]
noagendamarket	why would you register a fucking bitcoin site using a credit card	[05:01]
assbot	[MPEX] [F.GIGA.ETF] 30165 @ 0.00003037 = 0.9161 BTC [-]	[05:01]
smickles	(yeah, that's me bragging about having a first edition fellowship of the rings ;)	[05:01]
smickles	bow to me!	[05:02]
pigeons	ooh that is a nice book to have	[05:02]
*	dentldir (6b040ab7@gateway/web/freenode/ip.107.4.10.183) has joined #bitcoin-assets	[05:02]
smickles	My Granny gave it to me :)	[05:02]
assbot	[MPEX] [F.GIGA.ETF] 110635 @ 0.00003037 = 3.36 BTC [-]	[05:02]
assbot	[MPEX] [F.GIGA.ETF] 54900 @ 0.00004451 = 2.4436 BTC [+]	[05:02]
smickles	;;ticker	[05:03]
gribble	Best bid: 12.68888, Best ask: 12.68899, Bid-ask spread: 0.00011, Last trade: 12.689, 24 hour volume: 27683, 24 hour low: 12.51, 24 hour high: 12.89999	[05:03]
Bugpowder	I'm surprised we haven't seen a 'pirate' style selloff in coins	[05:04]
mircea_popescu	Bugpowder why ?	[05:04]
Bugpowder	I guess anyone that paid attention to this shit already sold their coins or lost them	[05:04]
mircea_popescu	glbse was really small	[05:05]
Diablo-D3	https://bitcointalk.org/index.php?topic=115669.0	[05:05]
Diablo-D3	wat	[05:05]
mircea_popescu	hi	[05:06]
Bugpowder	First 7-day mining growth contraction in months	[05:07]
Diablo-D3	WELP	[05:07]
Bugpowder	http://bitcoin.sipa.be	[05:07]
Diablo-D3	THATS THE END OF DMC.	[05:07]
Bugpowder	http://www.youtube.com/watch?v=dsx2vdn7gpY	[05:07]
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mircea_popescu	Diablo-D3 o really ?!	[05:10]
Diablo-D3	mircea_popescu: oh shuddup.	[05:11]
BTC-Mining	You're a bit late Diablo-D3	[05:14]
Diablo-D3	I dont care anymore	[05:14]
Diablo-D3	I really dont	[05:14]
rdponticelli	Sadly, the end of DMC started when it started	[05:14]
smickles	how zen	[05:14]
BTC-Mining	I think everyone is now back to hoarding.	[05:14]
rdponticelli	Good by, bitcoin economy	[05:15]
Diablo-D3	bitcoin just wasnt ready for what I was offering	[05:15]
Diablo-D3	and now thanks to nefario, it never will be	[05:15]
smickles	Diablo-D3: how would this stop a bitcoin company going public on a 'legit' exchange?	[05:16]
rdponticelli	Come on, if your plan was sustainable, you can keep going with it anywhere	[05:16]
Diablo-D3	smickles: because there arent any.	[05:16]
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Diablo-D3	rdponticelli: because I no longer give a shit.	[05:16]
Diablo-D3	if someone wants to take the plan and do it themselves, they can	[05:16]
smickles	Diablo-D3: um, amex, nyse, nasdaq?	[05:16]
Diablo-D3	smickles: like I said, there arent any.	[05:16]
rdponticelli	Ok, but it started way before glbse collapse	[05:16]
smickles	.wik legitimate	[05:17]
markac	"Legitimacy (law)" - http://en.wikipedia.org/wiki/Legitimate	[05:17]
Diablo-D3	smickles: goldman sachs. your turn.	[05:17]
smickles	Diablo-D3: all I meant is an exchange that complies with regulations, GS is not an exchange	[05:18]
smickles	derp	[05:18]
Diablo-D3	smickles: no, but GS makes me question the legitimacy of the entirety of wall street.	[05:19]
smickles	Diablo-D3: ok, there goes nyse, how about the american stock exchange, or cboe	[05:19]
grubles	!ticker s.dice	[05:19]
assbot	[MPEX:S.DICE] 1day: 0.0032 / 0.00334331 / 0.00339998 (20466 shares, 68.42 BTC), 30day: 0.0032 / 0.0033745 / 0.0034 (1798868 shares, 6,070.29 BTC)	[05:19]
Bugpowder	Kludge : When Nefario blackmailed me & the IceHill team by saying he'd unlock our securities if we allowed a swap option, he kept writing "equity steak." I've never forgiven him for repeatedly writing "steak" -- if nothing else, he needs a scammer tag for that.	[05:19]
Diablo-D3	I bet equity stake tastes good	[05:20]
Diablo-D3	er	[05:20]
Bugpowder	If Kludge is slamming your finance knowledge.....	[05:20]
*	Diablo-D3 facepalms	[05:20]
Diablo-D3	Whatever.	[05:20]
Diablo-D3	Nothing ever goes right.	[05:20]
smickles	there's also an exchange in kansas city that I know of	[05:21]
Diablo-D3	smickles: I just dont care, dude.	[05:21]
Diablo-D3	Some people are born businessmen, I'm not one of them.	[05:21]
smickles	all legitimate 'merican exchanges off wall street	[05:21]
smickles	if you don't care, Diablo-D3, why make a statement like youdid?	[05:22]
noagendamarket	actually you can sell a bitcoin mining company through the pink sheets market legally if you have a broker	[05:22]
rdponticelli	We should start the great facepalm prize of bitcoin	[05:22]
smickles	noagendamarket: good point, i hadn't thought of that	[05:22]
smickles	just sell to an acredited investor	[05:23]
rdponticelli	It would be nice to have some hardware if yu want to sell a mining company	[05:23]
noagendamarket	smickles no just a broker	[05:23]
boonies4u	hmm who is selling hardwarE?	[05:23]
rdponticelli	Nobody	[05:23]
boonies4u	3:	[05:23]
rdponticelli	Only worthless bons	[05:23]
smickles	noagendamarket: not that i know for sure, but arn't brokers a subset of accredited investors?	[05:24]
boonies4u	bon bons?	[05:24]
noagendamarket	not sure	[05:24]
Bugpowder	I have some 5850s NIB	[05:24]
noagendamarket	pink sheets is just an otc brokers market	[05:24]
mircea_popescu	If Kludge is slamming your finance knowledge..... <<< this.	[05:24]
rdponticelli	I'll make an exchange who would only deal with pink shits	[05:25]
smickles	do we have any licensed brokers in the chan?	[05:25]
noagendamarket	dont know	[05:25]
noagendamarket	doubt it	[05:25]
boonies4u	i'm not interested in GPUs	[05:25]
rdponticelli	But maybe my pink shits exchange will be to alike to glbse... :s	[05:26]
noagendamarket	you can have porivate companies with less than 500 investors	[05:26]
smickles	indeed	[05:26]
Bugpowder	did you learn that from reading facebook stories, noagendamarket	[05:26]
smickles	that's why s2cm is considering that alternative	[05:26]
noagendamarket	Bugpowder no from researching it :P	[05:27]
smickles	Bugpowder: it's also on the sec website, laws and regulation section	[05:27]
noagendamarket	^^^^	[05:27]
Bugpowder	well	[05:27]
Diablo-D3	I think maybe Im glad I got out when I did	[05:27]
Bugpowder	I learned about it from stories about the facebook IPO	[05:27]
Bugpowder	so suck it	[05:27]
Diablo-D3	at least I managed to buy back half the shares while I could	[05:27]
noagendamarket	the jobs act increases the number of investors to 2500	[05:27]
smickles	if only GLBSE had given asset issuers the info required for regulation D exemption	[05:27]
smickles	this would've never happened	[05:28]
smickles	noagendamarket: only for certain types of offerings tho, right?	[05:28]
Diablo-D3	smickles: yes, maybe if nefario wasnt a mouth breathing greedy fucktard, none of this wouldnt have happened	[05:28]
noagendamarket	it didnt help that nefario registered eveything using a credit card	[05:28]
smickles	a mouth breathing greedy fucktard can still be compliant and successful	[05:29]
noagendamarket	like a noob	[05:29]
toffoo	smickles: yes, formerly	[05:29]
mircea_popescu	noagendamarket what's your boner for credit cards ?	[05:29]
smickles	mircea_popescu: noagendamarket is really JCD	[05:29]
assbot	[MPEX] [S.MPOE] 26251 @ 0.00037384 = 9.8137 BTC [+]	[05:30]
assbot	[MPEX] [S.MPOE] 15049 @ 0.00037389 = 5.6267 BTC [+]	[05:30]
smickles	he likes cash money	[05:30]
noagendamarket	no...they are good for some things but not regging an illegal stock exchange server lol	[05:30]
mircea_popescu	ok, so if you pay your server bills cash-in-mail and always lick the envelope counterclockwise while reciting the solomon creed you're magically protected from ill and harm ?	[05:30]
mircea_popescu	meanwhile in rome : http://worldnews.nbcnews.com/_news/2012/10/05/14235787-snacking-tourists-fined-after-rome-declares-war-on-the-sandwich?lite	[05:31]
smickles	shhhh, don't let it out!	[05:31]
noagendamarket	it probabluy helps if you dont approach the FSA and tell them youre running an unregistered stock exchange	[05:31]
smickles	mircea_popescu: i saw a guy get ticked for taking tomatos off of a sandwich and throwing them in a trash can	[05:31]
mircea_popescu	ugh	[05:32]
mircea_popescu	why ?!	[05:32]
Diablo-D3	because rome is illegal and is a terrorist state in violation of international law	[05:32]
smickles	it's a law in vegas to curb the bird population at the landfill	[05:32]
Diablo-D3	lol vegas	[05:33]
Diablo-D3	thats not even a real place	[05:33]
smickles	???	[05:33]
mircea_popescu	smickles ridiculous. so what do i do with the tomato, feed it to the cop ?	[05:33]
pigeons	yeah i don't think using a credit card to register the site is nefario's problem	[05:33]
Diablo-D3	its some place they made up to film movies	[05:33]
smickles	mircea_popescu: no, you're supposed to order the sandwich w/o tomatoes	[05:33]
pigeons	cause salmonilla	[05:34]
mircea_popescu	smickles how about they're supposed to felate me.	[05:34]
boonies4u	no felating in public	[05:34]
boonies4u	:P	[05:34]
Diablo-D3	seriously, a town of illegal, yet legal, gambling joints ran by the mob, I mean, legitimate businessmen, filled to the brim with illegal, yet legal, prostitutes	[05:34]
smickles	mircea_popescu: well, it is vegas	[05:34]
Diablo-D3	no one believes that shit	[05:34]
mircea_popescu	boonies4u in europe it's kinda accepted practice by now.	[05:34]
smickles	Diablo-D3: wtf?	[05:34]
Bugpowder	welll dudes time to retire	[05:35]
smickles	nn	[05:35]
Diablo-D3	smickles: do you know what the real world is?	[05:35]
boonies4u	mircea_popescu: lol	[05:35]
smickles	Diablo-D3: I believe so	[05:35]
Diablo-D3	its a dirty filthy place where theres no blinking lights or jobs or food or any of that shit they portray	[05:35]
Bugpowder	The real world is Vanguard yearly dividends paying out on 9/21	[05:35]
Bugpowder	ohhhh yeah	[05:35]
smickles	so far as I know, you must assume that this world is real	[05:35]
Bugpowder	later dudes	[05:35]
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BTC-Mining	Can the end of the world really be in 2012? Please? It seems it would solve everything.	[05:36]
Diablo-D3	BTC-Mining: I agree.	[05:36]
BTC-Mining	No more problems, ever.	[05:36]
noagendamarket	yeah that would be nice	[05:36]
Diablo-D3	if the world ended this year, I would not complain	[05:36]
pigeons	yep, no dick clark to ring in 2013	[05:36]
Diablo-D3	I think its time we just turn the place off and go home.	[05:36]
smickles	Diablo-D3: I've got a cousin who lives in vegas. I've been there several times, it's fairly well like any other place in 'merica	[05:36]
noagendamarket	I hope its an asteroid so its quick lol	[05:37]
mircea_popescu	aww BTC-Mining , it'll pass.	[05:37]
Diablo-D3	I hope its a race of female aliens that want to kidnap the men.	[05:37]
noagendamarket	hahah	[05:37]
Diablo-D3	you dont have to tie me up! I come willingly! wait, you know what I mean	[05:37]
boonies4u	some shit will go down, because people are going to do stupid shit in december	[05:37]
pigeons	i just hope mormonism really was the right answer	[05:37]
mircea_popescu	pigeons how many wives ?	[05:38]
noagendamarket	it will be funny if you can only escape on their ship if you give them bitcoins	[05:38]
boonies4u	self-fulfilled prophecy and all that	[05:38]
noagendamarket	satoshi = planet x lol	[05:38]
boonies4u	bitcoins into space?	[05:38]
rdponticelli	I have a prophecy: a clusterfuck is coming....	[05:38]
boonies4u	satoshi = the calamity from the skies	[05:39]
noagendamarket	been there done that :P	[05:39]
rdponticelli	Why there's always coming a clusterfuck in this damn environment?	[05:39]
Diablo-D3	the environment IS a clusterfuck	[05:39]
boonies4u	because you keep prophecizing it	[05:40]
Diablo-D3	you're all wrong anyhow	[05:40]
rdponticelli	No, it's all maya's fault	[05:40]
Diablo-D3	the world already ended, we're just too stupid to see it	[05:40]
rdponticelli	:D	[05:40]
adamsjohn	Well, I would like to thank Usagi for making me paranoid	[05:41]
adamsjohn	She made me withdraw my funds.	[05:41]
*	iddo (~idddo@csm.cs.technion.ac.il) has joined #bitcoin-assets	[05:41]
Diablo-D3	heh	[05:41]
sgornick	So GLBSE site says "We will update our users on Saturday." and theymos' message is Saturday (UTC) at Today at 12:00:57 AM.	[05:41]
*	adamsjohn is now known as ____Atlas_____	[05:41]
sgornick	Coincidence?	[05:41]
Diablo-D3	I'd like to thank bitcoin for making me reaffirm my faith in paranoia	[05:41]
____Atlas_____	sgornick: Probably but it saved my butt	[05:41]
Diablo-D3	I used to believe that no one could be trusted because everyone is just a bunch of greedy bastards	[05:42]
Diablo-D3	then I found bitcoin and thought maybe I was wrong	[05:42]
____Atlas_____	Now Nefario is 100 BTC short in his lawyer fund	[05:42]
mircea_popescu	sgornick not likely coincidence	[05:42]
Diablo-D3	nope, I was right	[05:42]
Diablo-D3	I was right the whole time =/	[05:42]
mircea_popescu	they had a board meeting or shareholder meeting or homeless meeting or w/e they do	[05:42]
rdponticelli	But then you wasn't right when you thought you was wrong	[05:43]
BTC-Mining	Theymos announcement is after the GLBSE owners meeting	[05:43]
Diablo-D3	rdponticelli: its called "false hope"	[05:43]
BTC-Mining	He probably planned to give an explanation himself today, after said meeting...	[05:44]
____Atlas_____	"Guys, its the illuminati!"	[05:44]
____Atlas_____	"They are trying to kill me!"	[05:44]
BTC-Mining	Diablo-D3, anonymous currency... greedy bastards issues would of course be worse.	[05:44]
____Atlas_____	"I don't have much time!"	[05:44]
boonies4u	so, it's likely we're not going to be hearing anything new from nefario?	[05:44]
BTC-Mining	On the other hand, free, unregulated transactions.	[05:44]
boonies4u	I think everyone is trying to kill you atlas	[05:45]
Diablo-D3	I wanted to believe in something important once in my life and not be jaded about it and actually really think it would succeed	[05:45]
____Atlas_____	Challenge accepted.	[05:45]
____Atlas_____	Life would be boring if everybody loved me.	[05:45]
BTC-Mining	Ok, I'll make a guess at what Nefario's announcement will be:	[05:45]
Diablo-D3	its not logical to think things will be different	[05:45]
rdponticelli	What of all the Atlas are you going to kill?	[05:45]
pigeons	"i need your ID cause, legal stuff"	[05:46]
Diablo-D3	but I thought maybe just this one time it would be	[05:46]
rdponticelli	Be carefull, the others will take revenge	[05:46]
____Atlas_____	I killed a deer once. It tasted good.	[05:46]
smickles	I killed a couple of bunnies once, they tasted good and made nice mococins	[05:47]
smickles	(sp?)	[05:47]
mircea_popescu	mocasin	[05:47]
mircea_popescu	time for a little powerplay i guess.	[05:48]
smickles	;;ticker	[05:48]
gribble	Best bid: 12.689, Best ask: 12.729, Bid-ask spread: 0.04000, Last trade: 12.689, 24 hour volume: 27746, 24 hour low: 12.51, 24 hour high: 12.89999	[05:48]
____Atlas_____	I took a huge loss when I escaped the GLBSE	[05:49]
____Atlas_____	but it was well worth it	[05:49]
BTC-Mining	[22:45] Ok, I'll make a guess at what Nefario's announcement will be: "Ok, so yeah, I'll give a code list for every asset, hmm... It was kind of boring me, hmm... also won't listen to other GLBSE owners as they technically don't officially own anything since GLBSE was not registered anywhere and hmm... yeah, they can have this old code I guess. So I'm kind of just going to	[05:49]
BTC-Mining	go ahead and do a regulated exchange... but now by doing all this shit I'll need a lawyer's advice so... well yeah, I fetched Bitcoins in the users' deposits. The other owners of GLBSE I just screwed can pay you back that. I don't care about GLBSE anymore."	[05:49]
____Atlas_____	Sad but likely true.	[05:50]
BTC-Mining	Have some fun, it's speculation time.	[05:50]
____Atlas_____	The man had good intentions	[05:50]
____Atlas_____	but the road to hell is paved with them	[05:50]
BTC-Mining	Well Atlas, as long as we can get asset holders lists, at least not everything would be lost.	[05:51]
____Atlas_____	Hopefully	[05:51]
BTC-Mining	Just the value of assets would be screwed by the hardship of exchanging them.	[05:51]
rdponticelli	Only faith will be lost	[05:51]
rdponticelli	But was lost long time ago, anyway	[05:51]
BTC-Mining	Yes, faith would certainly be lost.	[05:51]
BTC-Mining	Everything just goes poof...	[05:51]
BTC-Mining	Few serious enough ventures.	[05:52]
rdponticelli	Everything IS poof	[05:52]
BTC-Mining	Well look at GLBSE, asking for standard trading fees... their monthly income was measly.	[05:52]
rdponticelli	sudo hoarding mode on	[05:52]
rdponticelli	:D	[05:52]
____Atlas_____	Nefario: I needed a good lawyer	[05:54]
____Atlas_____	so I spent every last time.	[05:54]
____Atlas_____	It was either jail time or this	[05:54]
____Atlas_____	so fuck you, got mine.	[05:54]
rdponticelli	He just needed to shut his mouth	[05:54]
____Atlas_____	dime*	[05:54]
rdponticelli	His bit mouth	[05:55]
rdponticelli	s/bit/big/	[05:55]
____Atlas_____	Mistake #1: Recognizing the feds.	[05:55]
____Atlas_____	Mistake #2: Actually talking to them.	[05:55]
____Atlas_____	Mistake #3: Acting afraid and being a giant pussy.	[05:55]
____Atlas_____	If he just pretended he didn't get the message and refunded everyone	[05:56]
mircea_popescu	so https://bitcointalk.org/index.php?topic=115693.0 let's have a little fun	[05:56]
BTC-Mining	Mistake #4: Showing his face publicly as GLBSE CEO at Bitcoin Conference for the whole Internet to watch.	[05:56]
mircea_popescu	____Atlas_____ you still allowed on the forum ?	[05:56]
____Atlas_____	Yep	[05:56]
mircea_popescu	then ^^ link above.	[05:56]
BTC-Mining	You bet he is...	[05:56]
BTC-Mining	Lucklily all BTC-Mining funds are held by Amazingrando...	[05:57]
BTC-Mining	Actually, most operations being mining, funds were not on GLBSE.	[05:57]
mircea_popescu	wasn't he in distress ?	[05:57]
BTC-Mining	Who?	[05:57]
BTC-Mining	Amazingrando? Why would you say so?	[05:58]
mircea_popescu	um no reason, srsly. innocent q.	[05:58]
mircea_popescu	i just have trouble keeping up with who's left standing.	[05:59]
____Atlas_____	BTC-Mining, if you get your share holder info back, you'll be set	[05:59]
BTC-Mining	Yes	[06:00]
noagendamarket	nefario cant get the greyhounds back I bought lol	[06:00]
BTC-Mining	I'll probably buy out small holders, I'll have a hard time managing shares individually.	[06:00]
BTC-Mining	If there's too many people.	[06:01]
assbot	[MPEX] [S.MPOE] 16800 @ 0.00037354 = 6.2755 BTC [-]	[06:01]
smickles	mircea_popescu: "BTC doesn't care about the SEC. MPEx rules!" > "BTC doesn't care about the SEC. MPEx.us!" is better	[06:01]
BTC-Mining	I still liked GLBSE's platform however...	[06:02]
____Atlas_____	I understand why it costs 30 BTC to get on MPEx now	[06:02]
____Atlas_____	This is risky business	[06:02]
BTC-Mining	But like I said to nefario, I found him a poor decision maker.	[06:02]
rg	indeed	[06:02]
____Atlas_____	Meh, the guy had confidence.	[06:02]
BTC-Mining	The platform he made was nice.	[06:03]
____Atlas_____	He fooled me for a moment or two	[06:03]
rg	one would start to wonder if the companies listed on the exchanges are impervious to threat	[06:03]
rg	will they go after the exchange only	[06:03]
rg	or the peoples	[06:03]
pigeons	whoever is juiciest	[06:03]
BTC-Mining	I think I'll know that soon enough.	[06:03]
noagendamarket	yeah what about the asset issuers ?	[06:03]
____Atlas_____	They can come after me. I wish them luck seizing my brain wallets.	[06:03]
____Atlas_____	I sit in prison for 20 years	[06:04]
rg	if they came after me	[06:04]
____Atlas_____	come out with my Bitcoins intact	[06:04]
rg	id probably pay out the asset	[06:04]
rg	and close it	[06:04]
mircea_popescu	____Atlas_____ danke	[06:04]
BTC-Mining	They'll be worth 10000x by then	[06:04]
mircea_popescu	lol smickles	[06:04]
____Atlas_____	HEY SEC	[06:04]
____Atlas_____	IF YOURE IN HERE	[06:04]
____Atlas_____	FUCCKKKK YOUUUU	[06:04]
noagendamarket	lol	[06:04]
assbot	[MPEX] [S.BVPS] 450 @ 0.0027501 = 1.2375 BTC [-]	[06:05]
B0g4r7	y'all keep saying "glbse is illegal", but what's that really about?	[06:05]
mircea_popescu	B0g4r7 good q.	[06:05]
____Atlas_____	It's about Nefario being a pussy	[06:05]
pigeons	pretty self explanatory	[06:05]
noagendamarket	I dont know	[06:06]
BTC-Mining	Pretty much anything publicly traded is illegal in almost every country if not registered.	[06:06]
B0g4r7	Illegal by US regulatory law maybe where they're obsessed with having their fingers in everything, but that's just US...	[06:06]
BTC-Mining	Not just the US	[06:06]
____Atlas_____	Does Nefario have a family?	[06:06]
____Atlas_____	If not, he's a pussy.	[06:06]
pigeons	yes	[06:06]
noagendamarket	yes	[06:06]
____Atlas_____	Oh nvm then	[06:06]
smickles	free-ist country in the world o/	[06:06]
____Atlas_____	I understand his fear now	[06:06]
B0g4r7	I don't think the participants minded or felt they were doing anything wrong.	[06:06]
BTC-Mining	He was in China visiting his wife's relative not too long ago.	[06:06]
pigeons	all other countries are run by little girls	[06:06]
BTC-Mining	Came back to the UK recently	[06:06]
B0g4r7	Or were wronged, except by scammers.	[06:07]
BTC-Mining	He should have stayed in China forever.	[06:07]
Ukto	sup smickles	[06:07]
____Atlas_____	Well if I had known he was a family man	[06:07]
B0g4r7	But it's a free market, caveat emptor.	[06:07]
noagendamarket	If you want to blame someone blame pirate	[06:07]
____Atlas_____	I would of been out awhile back	[06:07]
B0g4r7	I blame the SEC.	[06:07]
____Atlas_____	Family men have everything to lose	[06:07]
B0g4r7	And also Nefario.	[06:07]
Ukto	I blame a lot of things, for a lot of things	[06:07]
smickles	Ukto: how'r things :)	[06:07]
noagendamarket	I woulda returned all btc befiore speaking to a lawyer. Just sayin.	[06:08]
mircea_popescu	B0g4r7 https://bitcointalk.org/index.php?topic=115693.0	[06:08]
mircea_popescu	i want your sig.	[06:08]
noagendamarket	Now the lawyer gets everything	[06:08]
noagendamarket	Nefario basically embezzled company funds	[06:09]
B0g4r7	Mmm, too bad my sig's not for sale. Others have tried.	[06:09]
B0g4r7	I like the sound of it tho.	[06:09]
mircea_popescu	so then donate.	[06:10]
Ukto	smickles: finally doing pretty good	[06:10]
____Atlas_____	I deleted my gmail associated with my GLBSE account	[06:10]
mircea_popescu	Fact. The owner of MPEX has attempted to sell NSFW photos of herself.	[06:10]
mircea_popescu	hahaha this is pretty good	[06:11]
B0g4r7	lol	[06:11]
noagendamarket	lol	[06:11]
B0g4r7	Anything for a Satoshi.	[06:11]
mircea_popescu	i think more peoplethan we realise actually hear voices in btcland.	[06:11]
assbot	[MPEX] [F.GIGA.ETF] 25267 @ 0.00003266 = 0.8252 BTC [-]	[06:11]
assbot	[MPEX] [F.GIGA.ETF] 21790 @ 0.0000406 = 0.8847 BTC [+]	[06:11]
____Atlas_____	Things whisper in my ears all the time. :X	[06:12]
____Atlas_____	I might be crazy	[06:12]
____Atlas_____	but hey	[06:12]
assbot	[MPEX] [F.GIGA.ETF] 32030 @ 0.0000406 = 1.3004 BTC [+]	[06:12]
____Atlas_____	I function	[06:12]
assbot	[MPEX] [F.GIGA.ETF] 56900 @ 0.00005676 = 3.2296 BTC [+]	[06:12]
noagendamarket	Its crazy. Dank Bank outlasted glbse LOL	[06:12]
mircea_popescu	ahahaha	[06:12]
noagendamarket	*mindfuck	[06:13]
sgornick	So if GLBSE is doing a similar foreced exit like what was done for goat, ... how did that work? Completed already? Where?	[06:13]
mircea_popescu	sgornick it never even begun	[06:13]
noagendamarket	sgornick theres a management console coming	[06:13]
noagendamarket	supposedly	[06:13]
____Atlas_____	noagendamarket: lol	[06:13]
noagendamarket	of course you need to give nefario lube first	[06:14]
noagendamarket	so he can fuck you	[06:14]
____Atlas_____	Pretty dang common it seems: http://www.google.com/search?client=ubuntu&channel=fs&q=ghosts+whisper+in+ear&ie=utf-8&oe=utf-8	[06:15]
smickles	Ukto: good to hear, especially on such a day as today	[06:15]
*	TheSeven has quit (Disconnected by services)	[06:16]
*	[7] (~quassel@rockbox/developer/TheSeven) has joined #bitcoin-assets	[06:16]
sgornick	Of all the security breaches that have happened, wouldn't now be the right time for GLBSE's DB to be leaked so that issuers can wind down properly?	[06:17]
mircea_popescu	sgornick if someone would be kind enough to leak it, please sign it first.	[06:17]
mircea_popescu	otherwise there's going to be 500 versiosn	[06:17]
noagendamarket	;) I asked if genjix would lol	[06:17]
pigeons	actually probably the best outcome	[06:18]
____Atlas_____	Let's get a bounty to get GLBSE hacked	[06:18]
sgornick	____Atlas_____: Hah!	[06:18]
____Atlas_____	/jk	[06:18]
____Atlas_____	That's against the law	[06:18]
____Atlas_____	I would never break the law	[06:18]
____Atlas_____	Laws are to be followed	[06:18]
____Atlas_____	and obey	[06:18]
____Atlas_____	respected	[06:18]
____Atlas_____	Yes	[06:18]
pigeons	btc doesn't care about the law, mpex high school football rules!	[06:19]
mircea_popescu	fo real.	[06:19]
noagendamarket	nefario cant really do much if that happens	[06:19]
noagendamarket	burnside could probably reconstruct it lol	[06:20]
____Atlas_____	SEC, talk to us	[06:23]
____Atlas_____	Why do you hate us?	[06:23]
____Atlas_____	What did we ever do to you?	[06:23]
boonies4u	deregulating is only okay when the GOP does it	[06:26]
boonies4u	:P	[06:26]
*	____Atlas_____ has quit (Changing host)	[06:26]
*	____Atlas_____ (~deedee@unaffiliated/bane-capital/x-9856677) has joined #bitcoin-assets	[06:26]
*	bitcoinbear (6ccced1a@gateway/web/freenode/ip.108.204.237.26) has joined #bitcoin-assets	[06:27]
____Atlas_____	bitcoinbear: These are bearish times.	[06:27]
____Atlas_____	Absolute bearish.	[06:28]
bitcoinbear	yes, hence my handle	[06:28]
bitcoinbear	but I have bean bearish for a while	[06:28]
mircea_popescu	does it get boring ?	[06:28]
bitcoinbear	what's boring?	[06:28]
mircea_popescu	beingbearish	[06:28]
bitcoinbear	not if you are actually a bear	[06:29]
mircea_popescu	o i c	[06:29]
____Atlas_____	Selling at the right times	[06:29]
____Atlas_____	Gives a lot of pleasure	[06:29]
sgornick	So, let's just say BitFloor, which reported their hack to the FBI, has turned over its DB [don't know if they did, just listing the possibility] and GLBSE's DB has found its way to regulators. How little anonymity for Bitcoin is left?	[06:31]
____Atlas_____	It's a lot of IPs to go through	[06:31]
____Atlas_____	Same thing with emails	[06:32]
bitcoinbear	I never used bitfloor, so that wouldn't hurt my anominity	[06:32]
____Atlas_____	Subpoenas take a lot of time	[06:32]
mircea_popescu	sgornick 100% if you stick to mpex.	[06:32]
____Atlas_____	I say its still fairly anonymous	[06:32]
____Atlas_____	until government becomes efficient	[06:32]
*	bittenbit__ has quit (Ping timeout: 240 seconds)	[06:33]
pigeons	mircea_popescu: except eavesdroppers know what keyid is making orders, and then they know what orders from the feeds	[06:33]
mircea_popescu	pigeons what's to stop you from following the faq ?	[06:33]
mircea_popescu	http://polimedia.us/bitcoin/faq.html#18	[06:34]
pigeons	that doesn't change what i said	[06:34]
B0g4r7	forum's offline again. what, are they running it on Windows?	[06:35]
B0g4r7	Reboot hourly.	[06:36]
____Atlas_____	which forum?	[06:36]
B0g4r7	talk	[06:36]
noagendamarket	dunno why theres no tor stock exchange yet	[06:36]
mircea_popescu	pigeons admitting someone has been eavesdropping (how ?)	[06:36]
mircea_popescu	they have a keyid which is completely unknown.	[06:36]
mircea_popescu	now what ?	[06:36]
mircea_popescu	noagendamarket there is.	[06:37]
____Atlas_____	http://www.youtube.com/watch?v=bLU7qU2heac&feature=related	[06:37]
assbot	[MPEX] [S.MPOE] 3100 @ 0.00037354 = 1.158 BTC [-]	[06:38]
pigeons	well the eavesdropping we know is not difficult and happens. for example the country i live in is monitored and supposedly recorded	[06:38]
*	dakid (484dd6c6@gateway/web/freenode/ip.72.77.214.198) has joined #bitcoin-assets	[06:38]
____Atlas_____	pigeons: The NSA records all communications going in and out of the US. What else is new?	[06:39]
B0g4r7	And plenty that never touch the US.	[06:39]
mircea_popescu	pigeons but still, you could at least in theory use tor	[06:39]
bitcoinbear	damn, just started reading the thread by Theymos about GLBSE closing. Damn.	[06:39]
mircea_popescu	or connect from some public computor	[06:39]
B0g4r7	See Echelon Project.	[06:39]
assbot	[MPEX] [S.MPOE] 13633 @ 0.00037354 = 5.0925 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 33623 @ 0.00037144 = 12.4889 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 14100 @ 0.00037105 = 5.2318 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 19454 @ 0.00037012 = 7.2003 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 59300 @ 0.0003695 = 21.9114 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 54916 @ 0.00036944 = 20.2882 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 13400 @ 0.00036924 = 4.9478 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 25892 @ 0.00036891 = 9.5518 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 38300 @ 0.00036889 = 14.1285 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 40300 @ 0.00036886 = 14.8651 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 56099 @ 0.00036858 = 20.677 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 33900 @ 0.00036843 = 12.4898 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 32600 @ 0.0003684 = 12.0098 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 7339 @ 0.00036823 = 2.7024 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 41000 @ 0.00036822 = 15.097 BTC [-]	[06:40]
pigeons	well using an unlinked key id is a good idea you are right	[06:40]
assbot	[MPEX] [S.MPOE] 39100 @ 0.00036718 = 14.3567 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 10059 @ 0.00036553 = 3.6769 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 20669 @ 0.0003652 = 7.5483 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 20969 @ 0.00036296 = 7.6109 BTC [-]	[06:40]
____Atlas_____	lol	[06:40]
assbot	[MPEX] [S.MPOE] 29263 @ 0.00035988 = 10.5312 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 49200 @ 0.00035987 = 17.7056 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 16202 @ 0.0003594 = 5.823 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 4035 @ 0.00035729 = 1.4417 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 58205 @ 0.00035724 = 20.7932 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 63200 @ 0.00035722 = 22.5763 BTC [-]	[06:40]
mircea_popescu	pigeons i think it's vital.	[06:40]
assbot	[MPEX] [S.MPOE] 20026 @ 0.00035686 = 7.1465 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 49977 @ 0.00035685 = 17.8343 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 53800 @ 0.0003568 = 19.1958 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 12400 @ 0.00035658 = 4.4216 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 42700 @ 0.00035655 = 15.2247 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 3400 @ 0.00035655 = 1.2123 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 40800 @ 0.00035645 = 14.5432 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 21400 @ 0.00035623 = 7.6233 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 20000 @ 0.00035575 = 7.115 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 6134 @ 0.00035522 = 2.1789 BTC [-]	[06:40]
mircea_popescu	o hey. end of the world	[06:40]
assbot	[MPEX] [S.MPOE] 4000 @ 0.00035501 = 1.42 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 38100 @ 0.00035498 = 13.5247 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 15800 @ 0.00035447 = 5.6006 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 45900 @ 0.00035418 = 16.2569 BTC [-]	[06:40]
assbot	[MPEX] [S.MPOE] 58000 @ 0.00035372 = 20.5158 BTC [-]	[06:40]
B0g4r7	That's a chatty bot. It can't summarize?	[06:40]
assbot	[MPEX] [S.MPOE] 372805 @ 0.00035 = 130.4818 BTC [-]	[06:40]
pigeons	but if it ever gets linked to you, all your trade history is known to the eavesdroppers from timing correlation of trades	[06:40]
mircea_popescu	pigeons if you always use the same system to trade, or at any rate one he can eavesdrop	[06:41]
smickles	.0035, not nearly the end	[06:41]
mircea_popescu	but can they follow tor ?	[06:41]
smickles	it's possible, but not likey given the cost	[06:41]
smickles	iirc	[06:41]
mircea_popescu	right.	[06:41]
pigeons	anyway, glad i always register my securites	[06:42]
mircea_popescu	so a combo of tor + whatever public libraries you have around should pretty much make you as anon as practically useful.	[06:42]
mircea_popescu	pigeons in practical terms it'd prolly be cheaper for them to break into the server and get the db than to futz with correlating trades over an extended period of timne	[06:42]
pigeons	yeah i'd just send a girl to your house	[06:43]
assbot	[MPEX] [S.MPOE] 60714 @ 0.00035 = 21.2499 BTC [-]	[06:43]
assbot	[MPEX] [S.MPOE] 39286 @ 0.00035 = 13.7501 BTC [-]	[06:43]
BTC-Mining	https://glbse.com/	[06:44]
mircea_popescu	o is it back ?	[06:44]
BTC-Mining	Update, update, update...	[06:44]
BTC-Mining	No, official close down notice...	[06:44]
boonies4u	god damnit	[06:44]
mircea_popescu	"We will do everything in our power to make the process of moving off GLBSE as smooth as possible"	[06:44]
BTC-Mining	Silly mircea, I though theymos made it quite clear.	[06:44]
mircea_popescu	lol that's cute.	[06:45]
B0g4r7	No talk of the dreaded "papers"	[06:45]
mircea_popescu	BTC-Mining i guess that shows you how much trust i put in theymos.	[06:45]
BTC-Mining	eh, yeah	[06:45]
pigeons	that's better than expected. provided people actually get the btc and asset accountings	[06:45]
boonies4u	"We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves."	[06:45]
mircea_popescu	We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves.	[06:45]
boonies4u	gonna squeeze Theymos?	[06:45]
mircea_popescu	this is a nice dig.	[06:45]
mircea_popescu	lol oops double post	[06:45]
mircea_popescu	pigeons you are correct.	[06:45]
boonies4u	Well this is gonna be annoying...	[06:46]
boonies4u	sigh	[06:46]
____Atlas_____	http://www.youtube.com/watch?feature=player_detailpage&v=5gwhHCtPZpc	[06:46]
bitcoinbear	So they say they are returning funds right away, will we be able to log in and give a bitcoin address?	[06:46]
BTC-Mining	apparently and apparently said info will be sent to asset managers	[06:47]
sgornick	Doesn't say anything about photo id.	[06:47]
BTC-Mining	not yet	[06:47]
*	dvide has quit ()	[06:47]
BTC-Mining	As far as I know	[06:47]
bitcoinbear	there is a new statement on glbse.com	[06:47]
pigeons	As of today the earliest estimated time that coins can begin moving is Friday, Oct 12th.	[06:48]
____Atlas_____	"we are awaiting compliance with this order"	[06:48]
____Atlas_____	"with this order"	[06:48]
____Atlas_____	"order"	[06:48]
B0g4r7	Way to shift the blame.	[06:48]
sgornick	Page was cached .. had to hit Reload ..	[06:48]
mircea_popescu	so nefario is giving theymos a scammer tag on glbse.com	[06:48]
B0g4r7	/responsibility	[06:48]
mircea_popescu	and vice-versa on btctalk	[06:48]
B0g4r7	lol	[06:48]
B0g4r7	Only one tag will see the light of day.	[06:49]
B0g4r7	My BTC still have not moved out of the glbse cold wallet.	[06:50]
B0g4r7	(nor any others)	[06:51]
smickles	ONE TAG TO RULE THEM ALL	[06:51]
B0g4r7	Current balance is 674.04804691 BTC	[06:52]
mircea_popescu	kinda...puny.	[06:52]
mircea_popescu	i was thinking ~2k not 500 ffs.	[06:52]
B0g4r7	yea, pirate made out way better.	[06:53]
pigeons	;;ident B0g4r7	[06:53]
gribble	Nick 'B0g4r7', with hostmask 'B0g4r7!~b0g4r7@h-98-134-26-221.ip.alltel.net', is not identified.	[06:53]
B0g4r7	in terms of amount thefted.	[06:53]
B0g4r7	How do I identify on this thing anyway. I guess it;s not the nickserv identify.	[06:53]
B0g4r7	?	[06:53]
B0g4r7	I know, RTFM...	[06:53]
mircea_popescu	no you id with gribble	[06:54]
mircea_popescu	;;eauth name	[06:54]
pigeons	you can just tell me, i trust you	[06:54]
boonies4u	____Atlas_____: http://youtu.be/LbObIAIR3sA?t=5m12s	[06:56]
B0g4r7	Is the rating system separate per channel?	[06:56]
boonies4u	SO THAT'S WHERE HE WAS HIDING!	[06:56]
mircea_popescu	B0g4r7 nope	[06:56]
*	gigavps has quit ()	[06:56]
B0g4r7	http://trust.bitcoin-otc.com/ So I can follow this guide and it will work here?	[06:57]
____Atlas_____	Hahaha	[06:57]
____Atlas_____	I love this mod so much	[06:57]
boonies4u	i never played original Deus Ex	[06:58]
____Atlas_____	It's alright until you get to Hong Kong	[06:58]
____Atlas_____	It's like they gave up on being entertaining midway	[06:58]
pigeons	;;guide	[06:59]
gribble	Error: "guide" is not a valid command.	[06:59]
mircea_popescu	B0g4r7 yup	[07:00]
____Atlas_____	http://www.youtube.com/watch?feature=player_detailpage&v=5gwhHCtPZpc#t=539s	[07:01]
boonies4u	this is like youtube poop meets squirrel king	[07:01]
smickles	;;guide #bitcoin-otc	[07:02]
gribble	Error: "guide" is not a valid command.	[07:02]
smickles	chan specific :P	[07:02]
B0g4r7	PKI huh...I'd thought this all lived within IRC.	[07:03]
smickles	B0g4r7: most of the commands work wherever gribble is	[07:03]
*	Gladamas (~Gladamas@46.19.139.98) has joined #bitcoin-assets	[07:03]
smickles	;;gettrust B0g4r7	[07:03]
gribble	Trust relationship from user smickles to user B0g4r7: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=smickles&dest=B0g4r7	[07:03]
boonies4u	wait	[07:03]
boonies4u	wrong person	[07:03]
boonies4u	i'm thinking of	[07:03]
boonies4u	Peter Chimera	[07:03]
B0g4r7	I found I can /msg gribble.	[07:03]
smickles	indeed	[07:04]
smickles	cuts out gribble spam	[07:04]
smickles	so does:	[07:04]
smickles	;;roulette	[07:04]
gribble	click	[07:04]
smickles	;D	[07:04]
boonies4u	;;roulette	[07:04]
gribble	click	[07:04]
BTC-Mining	So yeah, I bought 534 Gigamining shares for about 16 BTC apparently.	[07:05]
mircea_popescu	;;roulette	[07:05]
gribble	click	[07:05]
smickles	.py 16/534.0	[07:05]
markac	0.0299625468165	[07:05]
BTC-Mining	Better go kill myself now	[07:05]
BTC-Mining	;;roulette	[07:05]
gribble	click	[07:05]
mircea_popescu	over 16 btc ?! lol	[07:05]
smickles	!ticker f.giga.etf	[07:05]
BTC-Mining	:(	[07:05]
assbot	[MPEX:F.GIGA.ETF] 1day: 0.00002002 / 0.00011046 / 0.00028006 (1103574 shares, 121.90 BTC), 30day: 0.00002002 / 0.00042347 / 0.00087369 (12060030 shares, 5,107.12 BTC)	[07:05]
B0g4r7	Roulette's based on a six-shooter?	[07:06]
mircea_popescu	B0g4r7 ya	[07:06]
smickles	yup	[07:06]
mircea_popescu	but a theoretical one	[07:06]
B0g4r7	Am I feeling lucky?	[07:06]
B0g4r7	;;roulette	[07:06]
gribble	BANG Hey, who put a blank in here?!	[07:06]
*	gribble reloads and spins the chambers.	[07:06]
fridge	are there other stock exchanges?	[07:06]
smickles	mircea_popescu: how many giga in the etf?	[07:06]
B0g4r7	Whew, barely lucky.	[07:06]
mircea_popescu	smickles about 1k give or take	[07:06]
boonies4u	blank is unnacceptable	[07:06]
boonies4u	;;roulette	[07:06]
BTC-Mining	Around 1k, I got 534	[07:06]
gribble	click	[07:06]
mircea_popescu	boonies4u ++	[07:06]
smickles	boonies4u: it's 'cause he's not an op right now	[07:06]
mircea_popescu	BTC-Mining did you have a large buy in ?	[07:07]
boonies4u	awww 3:	[07:07]
BTC-Mining	Yes	[07:07]
smickles	fridge: use /topic	[07:07]
BTC-Mining	at ~ 0.00002000	[07:07]
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smickles	there's a whole list	[07:07]
BTC-Mining	Seriously, I bought 534000 F.GIGA.ETF out of 1000000 for around 16 BTC	[07:07]
mircea_popescu	kakobrekla prolly time to kick glbse off topic ?	[07:07]
mircea_popescu	BTC-Mining so if it ever comes back you've made like what, 400 btc or so	[07:08]
smickles	ya kako, get with the times already you dirty hippy	[07:08]
BTC-Mining	More like 300	[07:08]
BTC-Mining	but yeah	[07:08]
smickles	good bet BTC-Mining	[07:08]
BTC-Mining	If issuers get a list of holders, I get a lot.	[07:08]
____Atlas_____	;;ticker	[07:09]
gribble	Best bid: 12.6871, Best ask: 12.7, Bid-ask spread: 0.01290, Last trade: 12.6871, 24 hour volume: 27802, 24 hour low: 12.51, 24 hour high: 12.89999	[07:09]
BTC-Mining	and maybe mircea will actually pay me back my ASICMINER shares =/	[07:09]
B0g4r7	Notice I said barely lucky, not incredibly lucky, because: http://www.wired.com/wiredscience/2012/08/st_essay_close_calls/	[07:09]
BTC-Mining	But according to our contract...	[07:09]
____Atlas_____	Contracts are always honored	[07:09]
mircea_popescu	what he said.	[07:10]
mircea_popescu	The "glbse.com" domain is owned by	[07:10]
mircea_popescu	James McCarthy, White Rock Cottage, Hacketstown, Carlow, IE.	[07:10]
mircea_popescu	+353.13870661095	[07:10]
mircea_popescu	That's a real house in Ireland, owned by Frances Hackett, email "mccarthyfrances@gmail.com".	[07:10]
BTC-Mining	Yes, but it will be hard to set a price for them to pay the 1% monthly for borrowing them to short.	[07:10]
mircea_popescu	apparently this was all over old threads.	[07:10]
mircea_popescu	https://bitcointalk.org/index.php?topic=46486.msg557843#msg557843	[07:10]
mircea_popescu	BTC-Mining not really that hard :	[07:10]
mircea_popescu	1% of average price of ASICMINER during the 5 days prev	[07:10]
mircea_popescu	ious as reported by GLBSE, except should there be no trades during the previous	[07:10]
mircea_popescu	five days he shall pay nothing on this count ;	[07:10]
BTC-Mining	Ah, true, I forgot GLBSE was mentioned.	[07:11]
BTC-Mining	I only recalled 5 days average of trades.	[07:11]
BTC-Mining	And assumed if it traded non-publicly...	[07:11]
BTC-Mining	Eh	[07:11]
____Atlas_____	Nefario put his real name on the domain...	[07:11]
mircea_popescu	even so it'd be insanely difficult to prove.	[07:11]
mircea_popescu	i mean...	[07:11]
BTC-Mining	Yes, that's what I was thinking.	[07:12]
BTC-Mining	Although since it's as reported as GLBSE or pay nothing then I guess we're all set for that.	[07:13]
mircea_popescu	you get a 1btc on 19.12 tho	[07:13]
assbot	[MPEX] [S.MPOE] 65200 @ 0.00036639 = 23.8886 BTC [+]	[07:13]
BTC-Mining	That clause however does not require the asset to be traded on GLBSE.	[07:15]
BTC-Mining	So if shares are still trading, I'd expect to get them back. Although it might be hard to find a seller without GLBSE.	[07:15]
mircea_popescu	"except if ASICMINER should have become disconti	[07:15]
mircea_popescu	nued or are no longer traded" ?	[07:15]
assbot	[MPEX] [S.MPOE] 3435 @ 0.00036375 = 1.2495 BTC [-]	[07:16]
assbot	[MPEX] [S.MPOE] 32168 @ 0.00036903 = 11.871 BTC [+]	[07:16]
assbot	[MPEX] [S.MPOE] 52000 @ 0.0003696 = 19.2192 BTC [+]	[07:16]
BTC-Mining	I said if shares are still trading.	[07:16]
assbot	[MPEX] [S.MPOE] 12397 @ 0.00037389 = 4.6351 BTC [+]	[07:16]
assbot	[MPEX] [S.MPOE] 18469 @ 0.00037408 = 6.9089 BTC [+]	[07:16]
assbot	[MPEX] [S.MPOE] 6300 @ 0.0003749 = 2.3619 BTC [+]	[07:16]
assbot	[MPEX] [S.MPOE] 41328 @ 0.00037492 = 15.4947 BTC [+]	[07:16]
assbot	[MPEX] [S.MPOE] 33903 @ 0.00037508 = 12.7163 BTC [+]	[07:16]
mircea_popescu	o hey, this is an interesting point of contention.	[07:16]
BTC-Mining	Either non-publicly or moved to a new exchange.	[07:16]
mircea_popescu	i'd say that with the dissapearance of glbse, "ASICMINER" as referenced is no longer trading.	[07:16]
mircea_popescu	well non-publicly is trading ?	[07:16]
BTC-Mining	Well yes, it states trading, not publicly trading. It would also not be discontinued.	[07:17]
BTC-Mining	Simply delisted from GLBSE due to it's closure.	[07:17]
mircea_popescu	hm.	[07:17]
BTC-Mining	A stock exchange going away/delisting assets does not void said assets.	[07:17]
BTC-Mining	Eh, considering everyone who'll want to sell their hard to trade shares, they'll probably be cheaper to acquire than if GLBSE was still around.	[07:18]
mircea_popescu	but in order for them to be trading they do have to be.. trading	[07:18]
BTC-Mining	Yes... let's see about that if anything actually happens for issuers to manage the assets outside GLBSE.	[07:19]
mircea_popescu	yeah.	[07:19]
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*	boonies4u (6167e5f5@gateway/web/freenode/ip.97.103.229.245) has left #bitcoin-assets	[07:20]
mircea_popescu	wow it's been three minutes of quiet	[07:23]
mircea_popescu	why is bitcoin so boring now.	[07:23]
mircea_popescu	i know someone somewhere was hacked.	[07:24]
BTC-Mining	Sad thing tho, telling my curious relatives what I was doing and my numbers (I was making a hefty profit trading on GLBSE with the constant price swings), kind of got them interested in it.	[07:24]
BTC-Mining	My young sister ended getting funds on GLBSE the day before it closed.	[07:25]
smickles	:o	[07:25]
BTC-Mining	Interesting enough for you mircea?	[07:25]
BTC-Mining	Aye, kept telling it's damn too risky.	[07:25]
mircea_popescu	haha smart woman.	[07:25]
BTC-Mining	And didn't like the idea.	[07:25]
mircea_popescu	how old is she ?	[07:25]
BTC-Mining	Still studying.	[07:25]
smickles	inb4 pics	[07:26]
mircea_popescu	smickles i thought you were married	[07:26]
smickles	I am, don't you know what inb4 means?	[07:26]
mircea_popescu	that you're about to ask for pix :D	[07:26]
smickles	.o ud inb4	[07:26]
markac	Generally used on internet forums, inb4 refers to a user posting a reply to a message/topic "before" another user posts an obvious response. When used appropriately, inb4 is followed by a word or shor	[07:26]
smickles	"before" _another user_	[07:27]
smickles	;P	[07:27]
mircea_popescu	:D	[07:27]
BTC-Mining	Hey, she doesn't have much money at all either, you know students.	[07:27]
mircea_popescu	wait, this is ambiguous	[07:28]
mircea_popescu	did she get her money OFF glbse or had she just deposited ?	[07:28]
BTC-Mining	I don't even know how much she deposited, I'll have to call her.	[07:28]
BTC-Mining	[00:25] My young sister ended getting funds on GLBSE the day before it closed.	[07:28]
mircea_popescu	ended getting funds = just deposited ?	[07:28]
BTC-Mining	Notice the "gettings funds on GLBSE" part	[07:28]
mircea_popescu	a ok.	[07:28]
mircea_popescu	well then allow me to change my plea!	[07:28]
BTC-Mining	yes, just deposited.	[07:28]
mircea_popescu	s/smart woman/poor girl/	[07:28]
BTC-Mining	I would probably have ended up managing the BTC however.	[07:29]
mircea_popescu	did she deposit more than usagi ?	[07:30]
BTC-Mining	I doubt so... how much did Usagi deposit?	[07:30]
mircea_popescu	i dunno, like 200 was saying ?	[07:31]
BTC-Mining	Wow, not much...	[07:31]
BTC-Mining	So then maybe, yes.	[07:31]
____Atlas_____	I like how usagi is gone	[07:32]
BTC-Mining	He went drunk, or at least a bit like goat.	[07:33]
BTC-Mining	Posting oddly forumlated text and being incoherent.	[07:33]
____Atlas_____	lol	[07:33]
____Atlas_____	This is starting to feel insane in general though	[07:34]
BTC-Mining	It does...	[07:34]
B0g4r7	Couldn't have been much. Their last sweep into the cold wallet on Oct 4th totaled 165 BTC and change.	[07:34]
BTC-Mining	Also, what will I do if I can't trade on the large price swings and price difference from GLBSE?	[07:34]
____Atlas_____	You might want to consider making an independent stock exchange	[07:35]
____Atlas_____	using open transactions	[07:35]
____Atlas_____	in Russia or China	[07:35]
B0g4r7	On the moon or in orbit maybe.	[07:35]
BTC-Mining	Not long before going back to the UK for the bitcoin conference	[07:35]
BTC-Mining	Nefario was in China visiting his wife's relatives.	[07:35]
mircea_popescu	lol	[07:36]
BTC-Mining	Should have stayed there	[07:36]
BTC-Mining	Forever	[07:36]
B0g4r7	or, as ppl have been saying a lot, on tor.	[07:36]
smickles	have a series of drones keep the server airborn in internationaly territory	[07:36]
BTC-Mining	Yes	[07:36]
BTC-Mining	drones?	[07:36]
B0g4r7	Sounds good. Kinda like the riverboat casinos.	[07:36]
smickles	those quad-copter things	[07:36]
BTC-Mining	Make a freakin' floating fortress you mean!	[07:36]
B0g4r7	And gliders and balloons.	[07:36]
B0g4r7	solar-powered.	[07:36]
BTC-Mining	Rule everything from there	[07:37]
BTC-Mining	The world even!	[07:37]
B0g4r7	derigables	[07:37]
smickles	you can program them to pass off the server to an freshly charged one and return to a recharging station	[07:37]
smickles	meshnet darknet	[07:37]
B0g4r7	All you need is the data link to the surface.	[07:38]
smickles	wifi B0g4r7 wifi	[07:38]
B0g4r7	I suppose you could use 802.11esque gear.	[07:38]
B0g4r7	If they hung out low enough.	[07:38]
BTC-Mining	You could also simply buy out an island nation...	[07:38]
B0g4r7	I guess the atmosphere doesn't really extend but a few miles up, no?	[07:39]
BTC-Mining	So everything BTC becomes legal...	[07:39]
B0g4r7	Shouldn't be a problem.	[07:39]
BTC-Mining	and operate from there... just costy.	[07:39]
B0g4r7	Islands can be assaulted.	[07:39]
smickles	let's get elon musk to buy bitcoin a sat-net	[07:39]
B0g4r7	Big honkin SPOF.	[07:39]
smickles	bitcoin, first currency of the last frontier	[07:40]
B0g4r7	A distributd redundant skynet is much more resiliant.	[07:40]
B0g4r7	nicew	[07:40]
smickles	i'm going to make one of those arduino quadcopter drones and program it to find water, find a good spot, drop in a line, hook a fish, and brink it back to me	[07:41]
smickles	ultimate fishing	[07:42]
B0g4r7	I routinely deploy wife-esque PtP and PtMP radio links up to 20 miles using not-so-expensive gear. Seems workable tecchnically if the whole flight thing works out	[07:42]
B0g4r7	And coverage is dense enough.	[07:42]
B0g4r7	"I need to wait for one to fly over to send this transaction" lol.	[07:42]
smickles	I want a darknet where network nodes are automatically compensated in BTC for legit traffic	[07:43]
B0g4r7	BitFS.	[07:43]
assbot	[MPEX] [S.MPOE] 31300 @ 0.00037506 = 11.7394 BTC [-]	[07:44]
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B0g4r7	A distributed FS, based on bittorrent-style p2p, incorporating BTC.	[07:44]
smickles	it's what the internet should be, by the people, for the people	[07:44]
B0g4r7	Run a node, host content, get paid BTC.	[07:44]
smickles	basically one big circle jerk	[07:44]
B0g4r7	Wanna be sure your content's replicated and available? Pay a few Satoshis.	[07:45]
BTC-Mining	And I'd want efficient governments who don't have to forbid activities simply because protecting people and separating harmful activities from non-harmful ones would be too hard if said activities were not forbidden.	[07:45]
BTC-Mining	I doubt governments could be as efficient however.	[07:45]
smickles	well, B0g4r7 i think there would still be hosting companies	[07:45]
BTC-Mining	If they'd at least get all their paperwork informatized...	[07:45]
smickles	nodes are just trafickers	[07:45]
B0g4r7	Sure, companies could do it just as individuals could.	[07:45]
B0g4r7	But no, the idea is to be fully decentralized.	[07:46]
B0g4r7	Anyone can host, anyone can publish.	[07:46]
B0g4r7	Pay some BTC, and your publication gets replicated by those who collect that same BTC.	[07:47]
smickles	BTC-Mining: dream on	[07:47]
B0g4r7	Need some BTC? Put some storage and bandwidth to work running a node and collect some.	[07:47]
BTC-Mining	Hey... if we could at least get things done centrally... like changing our address for all government bodies at the same place...	[07:48]
smickles	B0g4r7: think nanobtc tho, with a system like what we're talking about, the cost of bandwith drops to near zero	[07:48]
BTC-Mining	Have some online portal to manage our citizen-government relation...	[07:48]
B0g4r7	well, yeah, BTC was a generalization.	[07:48]
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B0g4r7	Divide as needed.	[07:48]
BTC-Mining	Things would get much more efficient...	[07:48]
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B0g4r7	mm hmm.	[07:49]
smickles	;;ticker	[07:49]
gribble	Best bid: 12.674, Best ask: 12.7, Bid-ask spread: 0.02600, Last trade: 12.674, 24 hour volume: 27944, 24 hour low: 12.51, 24 hour high: 12.89999	[07:49]
BTC-Mining	Silly governments still mostly paperwork...	[07:49]
BTC-Mining	Seriously...	[07:49]
B0g4r7	Then individuals could vote on individual issues instead of relying on elected reps to do this for them.	[07:49]
B0g4r7	Uh oh, that's dangerous talk.	[07:49]
BTC-Mining	Very inefficient medium to store information.	[07:49]
noagendamarket	terrorist!	[07:49]
smickles	oh my, you ever get a good wiff of balls and it smelled good?	[07:49]
smickles	squirrel!	[07:50]
*	jurov\|away (~jurov@rini17.broker.freenet6.net) has joined #bitcoin-assets	[07:50]
noagendamarket	lol	[07:50]
noagendamarket	tennis balls ?	[07:50]
____Atlas_____	BTC-Mining: Asian countries have had such systems for awhile	[07:50]
BTC-Mining	I'd agree with B0g4r7... it could also, theorically, be possible for the whole population to vote an all issues...	[07:50]
assbot	[MPEX] [S.DICE] 350 @ 0.00339994 = 1.19 BTC [+]	[07:50]
B0g4r7	Yeah, if they cared enough to login and do it.	[07:50]
B0g4r7	If they didn't, oh well, they didn;t weigh in, but they will have had their chance.	[07:51]
*	smickles thinks of ghost in the shell	[07:51]
BTC-Mining	Atlas... I would vertainly love too...	[07:51]
BTC-Mining	they'll probably will, eventually...	[07:51]
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B0g4r7	Atlas, what systems are you referring to?	[07:52]
B0g4r7	The one described above?	[07:52]
____Atlas_____	Not exactly	[07:52]
____Atlas_____	I just know their ID systems are GPG based	[07:53]
B0g4r7	oh	[07:53]
____Atlas_____	It's like how law and ID systems should be in the 21st century	[07:53]
smickles	anyone here want to/can do an mtgoxusd->ing p2p, i see an arb op	[07:53]
BurtW	mircea_popescu: are you still here?	[07:53]
mircea_popescu	yes.	[07:54]
____Atlas_____	I keep having these dreams of being on elevators that go side-to-side, up and down in these large futuristic office complexes	[07:54]
____Atlas_____	Then people get on and we talk in this weird foreign language	[07:54]
*	Ignatius-otc has quit (Ping timeout: 276 seconds)	[07:55]
smickles	nice dream	[07:55]
____Atlas_____	Then I get off and follow a woman and she gives me her phone number	[07:55]
____Atlas_____	I try to read it but by the time I can, I wake up	[07:55]
____Atlas_____	One of these days I am going to decipher, remember it and call it	[07:55]
B0g4r7	The number is 111119.	[07:56]
B0g4r7	I remember it from my own dream about 12 years back.	[07:56]
____Atlas_____	lol	[07:56]
BTC-Mining	And hear the most soul chilling voice of pure evilness answers, telling you truths that would have preferred to never hear about?	[07:57]
BTC-Mining	So you can then ponder why you called.	[07:57]
____Atlas_____	"Glenn Beck raped and murdered a little girl in 1999."	[07:57]
B0g4r7	big surprise	[07:57]
____Atlas_____	Honestly, I wouldn't mind that. I already hear ghosts whisper in my ear at night. I am already going batshit insane.	[07:58]
BTC-Mining	Yeah... I think there's more scary than that...	[07:58]
B0g4r7	"in a world gone mad, sanity's no real sign of health"	[07:58]
____Atlas_____	I am pretty confident my sanity is in tact though. These probably are real entities trying to contact me.	[07:59]
____Atlas_____	Anecdotal evidence shows it happens to a lot of people.	[07:59]
B0g4r7	Ever watch the first Final Fantasy movie, The Spirits Within?	[07:59]
____Atlas_____	Nope.	[07:59]
B0g4r7	It had that kind of a thing, communication in a dream.	[07:59]
B0g4r7	recurring dream	[07:59]
BTC-Mining	ghosts? Wouldn't it be schizophrenia? Common symptom is auditory hallucinations.	[08:00]
*	guruvan has quit (Ping timeout: 276 seconds)	[08:00]
*	guruvan_ is now known as guruvan	[08:00]
B0g4r7	I saw a doc on Tesla, and it said that's where a lot of his ideas came from.	[08:00]
____Atlas_____	BTC-Mining: Meh, there are usually more symptoms than this.	[08:00]
____Atlas_____	I do have a blood abnormality.	[08:00]
____Atlas_____	That may a thing or two to do with it.	[08:00]
____Atlas_____	have*	[08:00]
B0g4r7	He's get a "flash from beyond", and knew that he had to bring it into being in the physical world.	[08:01]
B0g4r7	boom, fantastic invention(s).	[08:01]
BTC-Mining	Eh, there's all sorts of levels of symptoms for such things. Sometimes you only get a few if it's mild.	[08:01]
B0g4r7	http://en.wikipedia.org/wiki/Savant_syndrome	[08:01]
smickles	damn, I just spent 5 min. logging into liberty reserve, only to find that I left nothing there	[08:02]
____Atlas_____	B0g4r7: Several hypnotherapists will confirm that's how most innovation happens.	[08:02]
BTC-Mining	All in BTC now	[08:02]
____Atlas_____	Apparently Earth and humanity is one of the lowest forms of sentient life in the universe.	[08:03]
B0g4r7	Seemingly there are things above.	[08:03]
____Atlas_____	Apparently this is the very definition of hell.	[08:03]
B0g4r7	I suppose it would be naive to assume that there are not.	[08:04]
*	Ignatius-otc (~root@gateway/tor-sasl/ignatius-otc) has joined #bitcoin-assets	[08:04]
smickles	;;ticker	[08:05]
gribble	Best bid: 12.674, Best ask: 12.71001, Bid-ask spread: 0.03601, Last trade: 12.71001, 24 hour volume: 28057, 24 hour low: 12.51, 24 hour high: 12.89999	[08:05]
smickles	;;bc,24hprc	[08:05]
gribble	12.67	[08:05]
____Atlas_____	The wikipedia 3 revert rule is stupid.	[08:06]
____Atlas_____	Somebody puts utter bullshit on a page	[08:06]
*	oizotov has quit (Ping timeout: 276 seconds)	[08:06]
____Atlas_____	you revert it 3 times	[08:06]
____Atlas_____	do it more and you get blocked	[08:07]
____Atlas_____	Meanwhile, the complete dumbass continues to ruin the page	[08:07]
B0g4r7	What Would Jimmy Wales Do?	[08:07]
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____Atlas_____	Knowing what I know about him now...	[08:07]
____Atlas_____	Probably spew some dribble about values, integrity and consensus.	[08:08]
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*	Ignatius-bot (~root@unaffiliated/ignatius-otc) has joined #bitcoin-assets	[08:08]
____Atlas_____	And how even the lowest form of life deserves wasted effort when it comes to crap on a wikipedia page.	[08:08]
____Atlas_____	Then he wonders why most articles don't have "good status"	[08:09]
BTC-Mining	[01:03] <____Atlas_____> Apparently Earth and humanity is one of the lowest forms of sentient life in the universe.	[08:09]
BTC-Mining	[01:03] <____Atlas_____> Apparently this is the very definition of hell.	[08:09]
*	Now talking on #bitcoin-assets	[09:00]
*	Topic for #bitcoin-assets is: Bitcoin asset exchanges: https://glbse.com \|\| http://polimedia.us/mpex \|\| https://coinbr.com \|\| https://cryptostocks.com \|\| https://icbit.se \|\| list bot commands: !help \|\| Streaming trades only: #bitcoin-assets-trades \|\| Net Chart: http://bit.ly/RMjqah \|\| a biased message: http://smpake.com \|\| http://bit4x.com	[09:00]
*	Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Mon Oct 1 23:12:50 2012	[09:00]
midnightmagic	Yeah, right. China is more free than UK? I guess, if you're willing to risk the wrath of the oligarchs.	[09:00]
midnightmagic	Maybe disappear one day.	[09:00]
smickles	lol: https://bitcointalk.org/index.php?topic=77301.msg859378#msg859378	[09:00]
____Atlas_____	midnightmagic: That's only if you bother the politicians	[09:00]
midnightmagic	Stay at a nice unmarked hotel for a while..	[09:00]
____Atlas_____	If you keep to your own business	[09:00]
____Atlas_____	They leave you alone	[09:01]
midnightmagic	That's not true.	[09:01]
mircea_popescu	____Atlas_____ that means "if you don't make any money"	[09:01]
____Atlas_____	Okay, well, you'll eventually need triad protection	[09:01]
mircea_popescu	smickles how'd that go ?	[09:01]
____Atlas_____	but you have choice in government	[09:01]
____Atlas_____	The triads are numerous	[09:01]
mircea_popescu	dude gtfo.	[09:01]
mircea_popescu	this consumer culture. you think you chose ? why'd you choose. you're the cow.	[09:02]
mircea_popescu	they choose.	[09:02]
smickles	mircea_popescu: well, that day was my brother and sister's birthday. we had a party	[09:02]
mircea_popescu	nice.	[09:02]
____Atlas_____	If you are capable of making money, you have value. You just have to use it to your advantage.	[09:02]
____Atlas_____	You can buy power.	[09:02]
midnightmagic	Triads?	[09:02]
mircea_popescu	"have value" means you're a cow.	[09:02]
____Atlas_____	Chinese mobs	[09:02]
midnightmagic	That's an amazing ass you have, it sounds almost it can talk..	[09:03]
noagendamarket	sure	[09:03]
____Atlas_____	I know nothing except that power can be acquired.	[09:03]
____Atlas_____	We are not all weak and powerless against the world	[09:03]
mircea_popescu	sure it can. but it can't be aquired by just about anybody.	[09:04]
mircea_popescu	you have to be a certain sort.	[09:04]
midnightmagic	Mobs tend to have trouble operating in a totalitarian regime where both the government and the people hate them in equal measure, and the death penalty takes basically one annoyed judge somewhere to point his finger and make half a town disappear.	[09:04]
mircea_popescu	midnightmagic not really true. the russians never got anywhere against their vor.	[09:05]
____Atlas_____	The mobs tend to control the government...	[09:06]
midnightmagic	It's true for China..	[09:06]
____Atlas_____	They pay the politicians handsomely.	[09:06]
midnightmagic	lol	[09:06]
mircea_popescu	midnightmagic i dunno much about china	[09:06]
____Atlas_____	This is at least true for Russia	[09:06]
noagendamarket	corruption is rampant in china	[09:07]
____Atlas_____	The world is absolutely rudderless. No authority is sacred.	[09:07]
midnightmagic	Corruption is indeed rampant in China. But the government doesn't like competition..	[09:07]
____Atlas_____	Neither does the mobs.	[09:08]
____Atlas_____	The government isn't special	[09:08]
mircea_popescu	now that much is true	[09:08]
mircea_popescu	govt = just one of the mobs.	[09:08]
midnightmagic	yeaah.. Just because something pops into your head and you can't think of anything else, that doesn't make it true, Atlas.	[09:08]
noagendamarket	wonder how much bitcoin has to be before we can pay off politicians i some country	[09:08]
____Atlas_____	lol you can't negate that	[09:09]
jcpham	blah blah blah	[09:09]
____Atlas_____	statement of mine	[09:09]
jcpham	hi btw	[09:09]
____Atlas_____	You	[09:09]
____Atlas_____	You are just scared.	[09:09]
jcpham	shitbag are you talking to me	[09:09]
jcpham	or the room	[09:09]
____Atlas_____	So what if I am?	[09:09]
____Atlas_____	You scared, jcpham?	[09:10]
midnightmagic	At this point, since you are the one talking about needing triad protection, it's time for you to give up some evidence. Pretend I said nothing, assume I withdraw all my comments. You make an assertion. Now back it up.	[09:10]
jcpham	sure	[09:10]
jcpham	come get me	[09:10]
____Atlas_____	midnightmagic: I am here to have a discussion and a mixture of ideas.	[09:10]
jcpham	lies	[09:10]
____Atlas_____	I am not out to prove mine but rather consider all possibilities.	[09:11]
midnightmagic	jcpham: You're not helping..	[09:11]
jcpham	i never do	[09:11]
jcpham	anyways i'm off	[09:11]
midnightmagic	____Atlas_____: In that case, I'm going to call shedanigans, and point and laugh.	[09:11]
____Atlas_____	Okay, government is the supreme authority.	[09:11]
____Atlas_____	Nothing else can compete.	[09:11]
____Atlas_____	Because that's just how things are.	[09:12]
jcpham	singularity events can compete	[09:12]
____Atlas_____	Guns are only relevant in the hands of governments.	[09:12]
____Atlas_____	Other people?	[09:12]
____Atlas_____	It doesn't matter.	[09:12]
____Atlas_____	Governments always win.	[09:12]
midnightmagic	Oh good grief, I started him off on one of his weird diatribes.	[09:12]
midnightmagic	Sorry, channel.	[09:12]
____Atlas_____	You see, this person is not interested in a discussion rather a social battle of sorts.	[09:14]
____Atlas_____	Very ungentleman-like	[09:14]
____Atlas_____	Would not drink with	[09:14]
mircea_popescu	____Atlas_____ remind me what has this to do with btc assets	[09:15]
____Atlas_____	I serve an important role in filling idle space	[09:16]
____Atlas_____	that would otherwise would be pure energy-wasting whiteness	[09:16]
____Atlas_____	by filling the space with dark text	[09:16]
____Atlas_____	energy is saved	[09:16]
mircea_popescu	maybe my screen is black ?	[09:17]
____Atlas_____	Mmmm	[09:17]
____Atlas_____	then I am subsidizing energy companies in your case	[09:18]
____Atlas_____	Ying and Yang	[09:18]
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____Atlas_____	http://i.imgur.com/pzpui.jpg	[09:19]
____Atlas_____	Oh my	[09:19]
assbot	[MPEX] [S.MPOE] 14300 @ 0.0003727 = 5.3296 BTC [-]	[09:21]
Gladamas	Hey Atlas, you sent on LitecoinTalk that you were leaving the BTC forum, then someone named "Atlas" joined the forum. Was that you?	[09:22]
Gladamas	*said	[09:22]
____Atlas_____	Gladamas: I left under the condition I remained banned	[09:23]
____Atlas_____	Theymos unbanned me	[09:23]
*	darkee has quit (Ping timeout: 276 seconds)	[09:23]
Gladamas	ah, well nice to see you back :) you really do have some good viewpoints.	[09:23]
____Atlas_____	Well, thank you.	[09:24]
____Atlas_____	That means a lot, genuinely so.	[09:24]
Gladamas	I think some of the people mad at you are just jealous at your logic	[09:24]
Gladamas	You're very welcome, I mean it	[09:25]
Gladamas	*jealous of	[09:25]
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____Atlas_____	Heh. That might be a possibility.	[09:26]
____Atlas_____	I am sure there are other reasons though.	[09:26]
____Atlas_____	As for assets related discussion	[09:28]
____Atlas_____	https://bitcointalk.org/index.php?topic=115669.msg1249458#msg1249458	[09:28]
assbot	[MPEX] [O.BTCUSD.P200T] 1000 @ 0.75236384 = 752.3638 BTC [+]	[09:29]
assbot	[MPEX] [O.BTCUSD.P190T] 880 @ 0.66257291 = 583.0642 BTC [-]	[09:29]
assbot	[MPEX] [O.BTCUSD.P130T] 170 @ 0.19728394 = 33.5383 BTC [+]	[09:30]
assbot	[MPEX] [O.BTCUSD.P120T] 85 @ 0.14383845 = 12.2263 BTC [+]	[09:30]
assbot	[MPEX] [O.BTCUSD.P140T] 220 @ 0.25780139 = 56.7163 BTC [+]	[09:30]
*	midnightmagic is amused at the sock-like behaviour.	[09:30]
*	midnightmagic would be more amused if it were a sock wearing another sock..?	[09:31]
____Atlas_____	lol CornedBeefHash is not a sock	[09:31]
*	Gladamas has quit (Remote host closed the connection)	[09:32]
*	Gladamas (~Gladamas@109.201.135.220) has joined #bitcoin-assets	[09:33]
*	k3t3r (~chatzilla@cpc9-know13-2-0-cust308.17-2.cable.virginmedia.com) has joined #bitcoin-assets	[09:36]
assbot	[MPEX] [S.MPOE] 33400 @ 0.0003727 = 12.4482 BTC [-]	[09:59]
assbot	[MPEX] [S.MPOE] 20700 @ 0.00037153 = 7.6907 BTC [-]	[09:59]
mircea_popescu	https://bitcointalk.org/index.php?topic=115669.msg1249531#msg1249531 somebody quote this lol	[10:12]
BTC-Mining	"I assume he's spending user deposits. Maybe he's using his own money, but I don't think he has enough to cover lawyer fees. He said in the meeting that he wants BitcoinGlobal to pay for the lawyer."	[10:14]
BTC-Mining	Wow... nice theymos, nice...	[10:14]
BTC-Mining	He just "assumed" it	[10:15]
mircea_popescu	needs to be preserved for posteriority.	[10:15]
BTC-Mining	That's exactly the kind of things I was talking about when people state their opinion/speculation as facts...	[10:16]
BTC-Mining	Seriously...	[10:16]
____Atlas_____	Theymos wouldn't say that without a good hunch	[10:17]
____Atlas_____	He knows how much GLBSE has in total	[10:17]
mircea_popescu	seems rather convincing to me too.	[10:17]
*	farfi (~farfi@IGLD-84-228-18-47.inter.net.il) has joined #bitcoin-assets	[10:19]
BTC-Mining	Yeah, but he doesn't know.	[10:19]
____Atlas_____	Well, we don't know if the moon is hollow.	[10:19]
____Atlas_____	Sometimes an assumption is reasonable.	[10:19]
mircea_popescu	"His name is Nefario. How could you people not see this coming?" this is so retarded.	[10:20]
____Atlas_____	lol	[10:20]
BTC-Mining	You don't start executing someone for murder, than investigate if he was the murdered.	[10:20]
mircea_popescu	what's this, a coloring book ?	[10:20]
____Atlas_____	BTC-Mining: Well Nefario is disobeying GLBSE's bylaws	[10:20]
____Atlas_____	He is technically already violating policy left and right	[10:20]
BTC-Mining	Yes, but he hasn't stolen anything... the first claim by theymos was stating it as a fact, when he was just speculating.	[10:21]
BTC-Mining	He hasn't been proven to have stolen anything*	[10:22]
BTC-Mining	It should have been stated as such that it was an opinion/guess and why	[10:22]
BTC-Mining	Not put it forward as a fact.	[10:22]
____Atlas_____	Here are the facts:	[10:22]
BTC-Mining	An opinion is not a fact.	[10:22]
____Atlas_____	1. GLBSE has had very little revenue	[10:23]
____Atlas_____	very little profit	[10:23]
____Atlas_____	if any	[10:23]
____Atlas_____	2. Assuming the funds available are just user funds	[10:23]
mircea_popescu	BTC-Mining things presented as fact but w/o acompanying documentation should be read as opinions.	[10:23]
____Atlas_____	and he wants to spend some of them for lawyer fees	[10:23]
mircea_popescu	something's not a fact by virtue of carrying a "fact" tag given by the author.	[10:23]
____Atlas_____	then it is reasonable to think he is embezzling funds	[10:23]
BTC-Mining	No... in my book you write them as "I think/believe/would guess that X because Y"	[10:24]
mircea_popescu	you can write it any way you please, but unless it's "here's so and so and here's the proof" it ain't a fact.	[10:24]
BTC-Mining	Not simply state X. It confuses people as having been witnessed by the claimer.	[10:24]
mircea_popescu	i guess it's a difference of approach.	[10:24]
assbot	[MPEX] [S.MPOE] 6700 @ 0.00037432 = 2.5079 BTC [+]	[10:25]
assbot	[MPEX] [S.MPOE] 5900 @ 0.00037546 = 2.2152 BTC [+]	[10:25]
BTC-Mining	Well the thing is, by formulating it as a fact, one could believe theymos actually saw that funds were being moved away from the reserve.	[10:25]
mircea_popescu	maybe he did.	[10:26]
BTC-Mining	There's a reason the english language has words such as "could, might, guess, believe, think, etc."	[10:26]
BTC-Mining	He later said "I assume he's spending user deposits. Maybe he's using his own money, but I don't think he has enough to cover lawyer fees. He said in the meeting that he wants BitcoinGlobal to pay for the lawyer."	[10:26]
____Atlas_____	I am just finding it hard to be empathic towards someone who closed down a mutually owned company without clear consent	[10:27]
mircea_popescu	you're comitting the exact converse of the error you protest it seems. theymos saw something, did he ?	[10:27]
BTC-Mining	Acknowledging he might be using his own money, and that he just claimed he stole fund because he didn't think Nefario had the money for a lawyer.	[10:27]
mircea_popescu	now look. if i go into a house with a girl and come out with a body	[10:27]
mircea_popescu	have you witnessed a murder or not ?	[10:27]
BTC-Mining	Nope.	[10:27]
mircea_popescu	well that's the problem. you haven't, but in your place i have.	[10:28]
mircea_popescu	and i doubt we'll ever agree on this point	[10:28]
BTC-Mining	Okay... so assuming you didn't see what you think you saw and there was no body, you'd go around claiming a murder?	[10:29]
mircea_popescu	well what did i see ?	[10:29]
____Atlas_____	It depends how large the building was	[10:29]
BTC-Mining	I'd probably report it stating I saw someone carrying what seemed like a body out of a house.	[10:29]
mircea_popescu	____Atlas_____ 100 sqft	[10:29]
BTC-Mining	I wouldn't go stating I saw a murder.	[10:29]
____Atlas_____	Yep, murder	[10:29]
____Atlas_____	if the building is 100 sqft	[10:30]
mircea_popescu	well BTC-Mining you're in a very studied minority.	[10:30]
mircea_popescu	and i don't think you're particularly right, either.	[10:30]
____Atlas_____	If it's a large complex	[10:30]
____Atlas_____	I would have doubt	[10:30]
BTC-Mining	I state what I see for what it is. If I'm just speculating, I'd present it as such.	[10:30]
FabianB_	in any case and whatever happend, nef should've known there's lots of negative gossip in the community if there are no clear statements from him, lol	[10:30]
mircea_popescu	BTC-Mining when you look at your computer do you see something that seems like a screen	[10:31]
mircea_popescu	or an actual screen ?	[10:31]
BTC-Mining	I would say I see an actual screen.	[10:31]
mircea_popescu	right. because why ?	[10:31]
mircea_popescu	maybe you're wrong.	[10:31]
mircea_popescu	maybe it's something else.	[10:31]
BTC-Mining	Because I can see it up close and I know it to be a screen.	[10:32]
mircea_popescu	how close ?	[10:32]
BTC-Mining	Eh... you'd want a distance at which I'd claim or not claim to have seen something?	[10:32]
mircea_popescu	fact of the matter is, knowledge is always assailable from a purely nominalist perspective.	[10:32]
mircea_popescu	how you draw the lines is arbitrary	[10:33]
mircea_popescu	gotta learn to live with people's many lines.	[10:33]
____Atlas_____	I try to look at the relevance of right and wrong in this case	[10:33]
____Atlas_____	and to me any libel in this case	[10:34]
BTC-Mining	Yes. But that you decide to claim what you saw or not as a body, you still can't say you witnessed a murder.	[10:34]
____Atlas_____	is easily undone	[10:34]
____Atlas_____	So, really, the whole argument is non notable	[10:34]
mircea_popescu	BTC-Mining for the same reason you decide you saw a screen i decide i saw a murder.	[10:34]
mircea_popescu	i judged myself close enough.	[10:34]
BTC-Mining	Eh, I suppose.	[10:34]
mircea_popescu	but atlas has it, it's not really a notable argument.	[10:34]
BTC-Mining	You could reasonably assume a murder was committed.	[10:35]
mircea_popescu	the reason natural languages are natural is that you always have to begin communication by negotiating terms.	[10:35]
mircea_popescu	there's never going to be a workable version were we instantly understand what the other means just by reading the words	[10:36]
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*	tbcoin has quit (Remote host closed the connection)	[10:36]
BTC-Mining	But you saw a body being carried out. As such you cannot claim that you saw the person carrying said body murdered someone. You can only guess or propose said person as the probable murderer.	[10:36]
mircea_popescu	i never claimed i saw the guy murder someone. i just claimed i saw a murder.	[10:36]
*	Gladamas (~Gladamas@31.7.57.198) has joined #bitcoin-assets	[10:36]
BTC-Mining	You can state the first as a fact, and the second as a proposition	[10:36]
BTC-Mining	Okay. So in your example it's fine then.	[10:37]
mircea_popescu	yes, but it only becomes fine after you overcome your initial interpretation of what i said	[10:37]
BTC-Mining	But theymos, on the other hand, apparently didn't saw anything.	[10:37]
mircea_popescu	which will always be the case no matter who or what.	[10:37]
____Atlas_____	I like how we have deep philosophical discussions	[10:37]
____Atlas_____	This Socrates grade stuff here	[10:37]
____Atlas_____	This is*	[10:37]
BTC-Mining	But theymos still stated like it was set in stone "He is also illegally using user deposits to pay for his lawyer."	[10:38]
BTC-Mining	Without even seeing anything.	[10:38]
mircea_popescu	well theymos is also an idiot. i was just using this as a convenient example.	[10:38]
mircea_popescu	i'm not defending theymos wtf.	[10:38]
BTC-Mining	Well the whole argument was about how how presenting an opinion/guess as a fact is bad if you didn't directly witness the fact, as it creates confusion for the listener.	[10:39]
mircea_popescu	yeah. moreover, about how there's little choice in the matter : you're always going to create confusion. it's part of communication.	[10:39]
BTC-Mining	or at least that's what I was stating until you interupted me to say that anything presented as a fact is an opinion.	[10:39]
BTC-Mining	Yes, always going to be some confusion.	[10:40]
____Atlas_____	A fact is merely a unified vision of an arbitrary number of individuals.	[10:40]
mircea_popescu	which is why we don't take forum shit that seriously. to keep our sanity.	[10:40]
mircea_popescu	especially if no coroboration or proof is offered.	[10:40]
BTC-Mining	I'm simply stating I'm quite astonished at the sheer amount of hearsay/opinion/etc. presented as facts instead of for what it is...	[10:41]
____Atlas_____	Perception is reality	[10:41]
____Atlas_____	Reality is facts	[10:41]
____Atlas_____	If a civilization agrees 2 + 2 = 5	[10:41]
____Atlas_____	It might as well be	[10:41]
BTC-Mining	When I'm talking to people in person, I'm used to people being much clearer and honest about what is their opinion and what they claim as facts.	[10:41]
mircea_popescu	BTC-Mining you probably spend a lot of time in an academic environment.	[10:41]
____Atlas_____	Heh.	[10:42]
BTC-Mining	I'm spending time with Canadians.	[10:42]
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mircea_popescu	haha ok	[10:42]
midnightmagic	Wittgenstein thought that most of what people say to one another is never fully understood.	[10:42]
mircea_popescu	midnightmagic did he say this ? or just think it ?	[10:42]
____Atlas_____	That is likely true, midnightmagic.	[10:42]
BTC-Mining	I suppose according to stereotypes, that makes perfect sense...	[10:42]
____Atlas_____	As a absurdist-nihilist, it's hard for me to get into these kinds of arguments.	[10:43]
midnightmagic	mircea_popescu: Every conversation he had was apparently full of, "But what do you MEAN?" At least according to this book I read called "Wittgenstein's Poker"	[10:43]
mircea_popescu	yeah	[10:43]
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reeses	Wovon man nicht sprechen kann, darüber muss man schweigen.	[10:44]
mircea_popescu	.tr :en :de of the crooked reeses of women no straight cock was ever made	[10:45]
markac	mircea_popescu: "der schiefe reeses der Frauen nicht gerade Schwanz war jemals gemacht" (en to de, translate.google.com)	[10:45]
mircea_popescu	sounds legit.	[10:45]
____Atlas_____	Whereof one cannot speak, thereof one must be silent.	[10:45]
____Atlas_____	Sounds pretty dogmatic to me	[10:45]
reeses	you’d say that	[10:46]
____Atlas_____	What a religious man.	[10:46]
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____Atlas_____	I teach you the overman. Man is something that shall be overcome. What have you done to overcome him?	[10:47]
____Atlas_____	All beings so far have created something beyond themselves; and do you want to be the ebb of this great flood and even go back to the beasts rather than overcome man? What is the ape to man? A laughingstock or a painful embarrassment. And man shall be just that for the overman: a laughingstock or a painful embarrassment...	[10:48]
reeses	god just shut up you shallow, twee, fool	[10:48]
____Atlas_____	You need a god it seems, reeses.	[10:49]
____Atlas_____	You need structure, your very soul depends on it.	[10:49]
reeses	if I had a soul, it would thank you	[10:49]
____Atlas_____	Else you become scared, threatened.	[10:49]
reeses	____Atlas_____: I hear you like to try to kill your failure by killing your body	[10:50]
____Atlas_____	The thought of the option of death can be empowering.	[10:51]
reeses	it’s not an option if you refuse to take it	[10:51]
BTC-Mining	What are you rambling about Atlas?	[10:52]
reeses	then it’s just a chomskyan pseudo-option	[10:52]
____Atlas_____	lol	[10:52]
*	DeaDTerra (~DeaDTerra@226.169.216.81.static.apv.siw.siwnet.net) has joined #bitcoin-assets	[10:52]
____Atlas_____	So choice is an illusion to you?	[10:53]
assbot	[MPEX] [S.MPOE] 37400 @ 0.00037153 = 13.8952 BTC [-]	[10:54]
assbot	[MPEX] [S.MPOE] 20900 @ 0.0003711 = 7.756 BTC [-]	[10:54]
____Atlas_____	There are many options that we do not exercise immediately.	[10:54]
____Atlas_____	but how does that not make them available options?	[10:54]
____Atlas_____	What other worldly limitation is there?	[10:54]
____Atlas_____	Our own authenticity to live by our chosen method?	[10:54]
____Atlas_____	If that is the case, I happily accept that limitation.	[10:54]
____Atlas_____	Without a tear of remorse.	[10:54]
____Atlas_____	BTC-Mining: It seems unclear.	[10:55]
BTC-Mining	Well, if you're deterministic and believe every choice you make were guaranteed by the current state and movement of matter and energy in the universe... You could say no one actually make decision, what they do is simply what every atom in they body would make them do.	[10:56]
BTC-Mining	Then came quantum mechanics...	[10:57]
____Atlas_____	What if we are the universe?	[10:58]
BTC-Mining	eh, I'm not sure how that would work...	[10:59]
BTC-Mining	I can only think about this: http://www.boreme.com/posting.php?id=12282#.UG_kxVH4V8E	[10:59]
____Atlas_____	There is the theory of spiritualism.	[10:59]
BTC-Mining	Eh, well I'm not very concerned about if there's anything after death and if that would possibly interact directly with the observable universe.	[11:00]
____Atlas_____	Assuming there is an origin of this universe, of whatever means, it could be deducted we are of that origin, we are or were a part of that origin.	[11:01]
____Atlas_____	If there is no clear origin	[11:01]
____Atlas_____	Then fuck	[11:01]
____Atlas_____	I mean, the universe could be utter chaos	[11:01]
____Atlas_____	but that's not clear as my body and perception remain stable	[11:02]
____Atlas_____	There are some anomalies...	[11:02]
____Atlas_____	but otherwise, things remain somewhat consistent.	[11:02]
BTC-Mining	Yes... we might just as well be bored entities among nothingness who needed something to do, so we created a universe as a playground in which we would not remember having ever lived outside of it.	[11:02]
BTC-Mining	or any other scenario you can imagine	[11:02]
BTC-Mining	It's not something we can answer in any case. Kind of hard to be concerned about it when it could be anything or nothing.	[11:04]
BTC-Mining	You could ponder about it endlessly making as many scenarios you want, but never even come close to the reality of things.	[11:05]
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____Atlas_____	Well it's fun at times.	[11:05]
BTC-Mining	and in the end, you have lost the only thing you were sure of, which is your current existence as a human.	[11:06]
BTC-Mining	Yes, at times, among other things.	[11:06]
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BTC-Mining	Having fun is part of being human and imagination can be amusing.	[11:06]
femtotube	nefario, FUCK YOU !	[11:07]
____Atlas_____	He's not here.	[11:07]
____Atlas_____	We have his address though.	[11:07]
____Atlas_____	You can give him a visit.	[11:07]
BTC-Mining	What's the problem femtotube, other than GLBSE is closing down?	[11:08]
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femtotube	BTC-Mining: ??? are you a fkn retard? I had portfolio in GLBSE and now it's all gone. Zero	[11:09]
____Atlas_____	lol	[11:10]
BTC-Mining	Well as long as we get asset holders list, all assets are still perfectly valid even if not on an exchange.	[11:10]
____Atlas_____	Yes but femtotube has a point	[11:10]
____Atlas_____	the value is reduced considerably	[11:10]
BTC-Mining	It would be harder to trade, yes.	[11:10]
____Atlas_____	regardless if they can still be claimed	[11:10]
BTC-Mining	We'd have to trade them OTC style.	[11:11]
____Atlas_____	I've always wondered...	[11:13]
____Atlas_____	I hit a bus while riding my bike	[11:13]
____Atlas_____	I did not immediately fall down	[11:14]
BTC-Mining	It would be a bit harder, but I don't see why it couldn't be traded OTC style with a room he on freenode like the #bitcoin-otc	[11:14]
____Atlas_____	BTC-Mining: That takes some labor and time for everyone	[11:14]
Luceo	GLBSE is apparently going to be giving everyone enough information to continue their securities	[11:14]
mircea_popescu	Luceo hopefully.	[11:14]
____Atlas_____	Reduced efficiency	[11:14]
____Atlas_____	means lower price	[11:14]
femtotube	OTC? In community, where 99% are liars and scumbags? Are you fkn serious?	[11:14]
mircea_popescu	the entire thing could end up a morass of double claims	[11:14]
____Atlas_____	femtotube: You can start your own exchange	[11:15]
femtotube	the entire fkn forum is run by a scumbag, who wanted to dump his shares on some poor idiot with coin	[11:15]
mircea_popescu	:D	[11:15]
mircea_popescu	exactly.	[11:15]
____Atlas_____	femtotube: Free market.	[11:16]
femtotube	atlas, how delusional are you?	[11:16]
____Atlas_____	Welcome.	[11:16]
____Atlas_____	Delusion is usually characterized with a false sense of reality; not accepting events as they come.	[11:17]
mircea_popescu	the exchange whereby joe buys a sack in which may be some potatoes in exchange for an enveolpe wherein may be some money has nothing to do with free markets.	[11:17]
femtotube	free market? wtf do you even know about free market? I guess nothing	[11:17]
____Atlas_____	Depends on your definition of free.	[11:17]
____Atlas_____	In this case, theymos is free to do whatever the fuck he wants with his GLBSE stock.	[11:17]
____Atlas_____	That's my kind of free market.	[11:17]
femtotube	altas, jou are a cluless fuck with no real life experience. just stfup	[11:17]
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____Atlas_____	Heh. We can discuss how I am wrong if you want.	[11:18]
femtotube	free to scam? sure.	[11:18]
____Atlas_____	The world has always been free to scam.	[11:18]
____Atlas_____	People get scammed everywhere every day	[11:18]
____Atlas_____	In this case, we just have a irreversible currency	[11:18]
femtotube	i rather not spend my time arguing with someone as clueless as you , atlas.	[11:18]
____Atlas_____	So the effects are hard to manage.	[11:18]
____Atlas_____	You simply feel uncomfortable.	[11:19]
____Atlas_____	You feel threatened, unloved.	[11:19]
____Atlas_____	So you lash out.	[11:19]
____Atlas_____	Primitive insecurity.	[11:19]
____Atlas_____	That's not your thinking mind talking.	[11:19]
____Atlas_____	That's your primal fear.	[11:19]
BTC-Mining	or... someone is just angry that his money is... gone	[11:20]
mircea_popescu	lol. atlas how much for a curse ?	[11:20]
____Atlas_____	Hmm?	[11:20]
BTC-Mining	Hope you didn't have too much and too many different kind of assets femtotube then.	[11:21]
____Atlas_____	I had 200 BTC in assets on GLBSE, fyi.	[11:21]
____Atlas_____	I am not even mad.	[11:21]
femtotube	Atlas you have never done anything in your life except blabbering in forums and irc. You have never invested, you have never lost or win. You are like a piece of shit on a street.	[11:21]
BTC-Mining	But you know, asset issuer can probably act as escrows for shares transfer.	[11:21]
mircea_popescu	why on a street ?	[11:21]
____Atlas_____	I rather be the kind of free floater on a public urinal that got there mysteriously...	[11:22]
____Atlas_____	...with a hint of ethanol like taint from Taco Bell.	[11:22]
____Atlas_____	Then when the janitor comes to clean me up: He goes fuck no.	[11:22]
____Atlas_____	He tries to have Jose do it. Jose is like no fuck you.	[11:23]
assbot	[MPEX] [S.MPOE] 48100 @ 0.00037151 = 17.8696 BTC [+]	[11:23]
assbot	[MPEX] [S.MPOE] 15457 @ 0.0003711 = 5.7361 BTC [-]	[11:23]
____Atlas_____	I never get cleaned up.	[11:23]
____Atlas_____	And I rot there	[11:23]
____Atlas_____	Until some trucker comes to clean me off with his 10 gallon piss	[11:23]
femtotube	ignore works	[11:23]
femtotube	anyone has nefario's tel number and the address?	[11:26]
____Atlas_____	I offered that until you got pissy	[11:26]
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mircea_popescu	femtotube i posted it earlier.	[11:28]
____Atlas_____	https://bitcointalk.org/index.php?topic=5373.msg1249674#msg1249674	[11:31]
____Atlas_____	Here lies the answer to the Resourced-Based Economy	[11:31]
____Atlas_____	With this sufficiently answered, will change economics as we know it.	[11:31]
____Atlas_____	it*	[11:31]
____Atlas_____	(not at all)	[11:31]
femtotube	and what is this ass-hat nefarios real name?	[11:33]
BTC-Mining	http://who.is/whois/glbse.com	[11:34]
BTC-Mining	James McCarthy	[11:34]
mircea_popescu	femtotube https://bitcointalk.org/index.php?topic=46486.msg557843#msg557843	[11:34]
k3t3r	that address is wrong james lives in manchester	[11:35]
assbot	[MPEX] [O.BTCUSD.P150T] 385 @ 0.33107717 = 127.4647 BTC [-]	[11:35]
____Atlas_____	So Nefario isn't James McCarthy?	[11:35]
k3t3r	james i nefario	[11:36]
k3t3r	*is	[11:36]
BTC-Mining	Yes, although is location changed a few times.	[11:36]
BTC-Mining	He was publicly known.	[11:37]
femtotube	what went wrong with my /ignore ? I still see this idiots posts.	[11:38]
k3t3r	though james is irish so maybe a relative	[11:38]
BTC-Mining	What's such a big fuss anyway, stock exchanges delist assets on occasions, it doesn't mean everything is lost, just that the asset is no longer traded on an exchange.	[11:38]
mircea_popescu	/ignore name ALL	[11:38]
mircea_popescu	BTC-Mining glbse was not an exchange in this sense.	[11:38]
BTC-Mining	Eh, it was more of a broker to me.	[11:39]
mircea_popescu	point being, to qualify as an exchange in that sense, there'd have to be a way for ownership to be established and verified.	[11:39]
mircea_popescu	atm the entire codes mess is due to the fact glbse purported to be an exchange, sold itself as an exchange, but it was merely a dumbass website, not an exchange.	[11:40]
BTC-Mining	What is the usual method to establish ownership?	[11:40]
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mircea_popescu	irl there's the entire clearance-holding system	[11:40]
mircea_popescu	online the gpg system might be sufficient (hasn't really been tested yet)	[11:41]
BTC-Mining	It seems a method will be implemented, albeit after the worse has happened.	[11:41]
mircea_popescu	maybe.	[11:41]
BTC-Mining	and pretty makeshift solution...	[11:41]
mircea_popescu	i still dunno how they can go from (users in db) state to (independent yet verified ownership) state	[11:41]
BTC-Mining	login, give BTC address/email, send that to asset issuers.	[11:42]
mircea_popescu	that;d have to bring glbse.com back i guess	[11:42]
mircea_popescu	see, you can't split it.	[11:42]
k3t3r	or some other system without the ability to trade	[11:42]
mircea_popescu	if user X has 3 assets, you can't give his name/pw to 3 issuers	[11:42]
mircea_popescu	and have 3 accts with the same pw	[11:43]
BTC-Mining	I think that's the plane, to bring an online tool for GLBSE to log on for asset holders to give their email/btc address.	[11:43]
mircea_popescu	BTC-Mining suppose i steal someone's email.	[11:43]
mircea_popescu	email is not a secure means of conveyance	[11:43]
mircea_popescu	not for communication, much less for ownership.	[11:43]
BTC-Mining	No, the holder would log in on GLBSE.com. The holder would give an email/btc address.	[11:43]
mircea_popescu	right,.	[11:43]
mircea_popescu	and then ?	[11:43]
____Atlas_____	mircea_popescu: These people are not on your level of conciousness.	[11:44]
BTC-Mining	Then GLBSE would email the email and BTC address to the asset issuers.	[11:44]
____Atlas_____	Email is good enough for them	[11:44]
mircea_popescu	and i stole the email	[11:44]
mircea_popescu	and they email me. what now ?	[11:44]
____Atlas_____	The securities are your	[11:44]
____Atlas_____	yours*	[11:44]
____Atlas_____	Woohoo	[11:44]
BTC-Mining	who emails who?	[11:45]
mircea_popescu	what if i didn't steal it but the users claims so ?	[11:45]
mircea_popescu	BTC-Mining i imagine the issuer to the shareholder, in your system. right ?	[11:45]
BTC-Mining	yes	[11:45]
mircea_popescu	well...	[11:45]
mircea_popescu	email traffic is neither encrypted nor is it so reliable.	[11:45]
mircea_popescu	you're basically sending this stuff plaintext over the wires.	[11:46]
BTC-Mining	So? We're no longer talking about claim codes.	[11:46]
mircea_popescu	ok, let's audit the entire story.	[11:46]
mircea_popescu	so, i glbse put the website back up. all customers login, and have a set of tickboxes	[11:46]
BTC-Mining	We're talking about issuer receiving a BTC address of the shareholders.	[11:46]
BTC-Mining	yup	[11:46]
mircea_popescu	of which issuers they want their email and btc addy communicated. fair enough ?	[11:46]
BTC-Mining	yes	[11:47]
mircea_popescu	now, this is complete. after say what ? 1 month ?	[11:47]
mircea_popescu	what if i come after 35 days and say i was on vacartion ?	[11:47]
mircea_popescu	what if i was in prolonged narcolepsia ?	[11:47]
mircea_popescu	or in a coma. loot the coma victim ?	[11:47]
BTC-Mining	That would be an issue.	[11:48]
mircea_popescu	but we leave this aside.	[11:48]
mircea_popescu	so this completed somehow, in like a week or whatever, and everyone ticked boxes.	[11:48]
mircea_popescu	now, glbse distributes these lists to the asset issuers. right ?	[11:48]
BTC-Mining	Aye	[11:48]
mircea_popescu	what now ?	[11:48]
BTC-Mining	Issuers can pay to said BTC address, at least.	[11:48]
mircea_popescu	why are issuers getting the btc of customers ?	[11:49]
mircea_popescu	i thoguht that was already sent out, we're only doing the paper.	[11:49]
mircea_popescu	if i have 100 btc and 3 tickers in my portofolio you plan to what, give each ticker 33 btc ?	[11:49]
BTC-Mining	No, funds that are not spent are to be returned to the account owner.	[11:50]
mircea_popescu	ok. so now, the issuers have list of email addy and btc addy.	[11:50]
BTC-Mining	Only the BTC address with number of shares tied to it will be sent to issuers.	[11:50]
mircea_popescu	if they need to pay dividends they can claim they paid.	[11:50]
BTC-Mining	Yes	[11:50]
drekk	don't aim too high. this is the internet & bitcoin & anonymous users after all. you won't find a smooth way to handle this like IRL. imho	[11:50]
mircea_popescu	except, after the 1st dividend run all customer addys are now public.	[11:50]
____Atlas_____	mircea_popescu: What do you suggest is done?	[11:51]
mircea_popescu	so now suppose customer X complains he didn't get dividend.	[11:51]
mircea_popescu	issuer claims he paid ALL dividends.	[11:51]
mircea_popescu	what do we do BTC-Mining ? who is lieing ?	[11:51]
mircea_popescu	____Atlas_____ i suggest nefario is shot, and any further cocky nitwits purporting to create this sort of messes are stripped and beaten, first.	[11:51]
BTC-Mining	The same could be said about GLBSE if someone claimed to have an incorrect balance on his account.	[11:51]
BTC-Mining	Directly.	[11:51]
____Atlas_____	mircea_popescu: claps	[11:51]
mircea_popescu	BTC-Mining no, cause it wouldn't be a game of chase among 3.	[11:52]
mircea_popescu	it'd be one or the other.	[11:52]
mircea_popescu	so. did glbse not give correct list, did issuer not pay all people or did guy lie about being entitled to dividend ?	[11:53]
BTC-Mining	The underlying issue remains the same it seems...	[11:53]
mircea_popescu	when more than two people are responsible nobody can be made responsible.	[11:53]
BTC-Mining	with a chase among 3	[11:53]
BTC-Mining	With GLBSe possibly giving the wrong list.	[11:53]
*	strello (~strello@unaffiliated/strello) has joined #bitcoin-assets	[11:53]
BTC-Mining	instead of GLBSE stealing shares, Nefario gives his own address for some or all shares, for example.	[11:53]
mircea_popescu	BTC-Mining that is an entirely diff class of valid objection	[11:54]
*	strello (~strello@unaffiliated/strello) has left #bitcoin-assets	[11:54]
BTC-Mining	Or that would be claimed by issuer after people complain they haven't received anything.	[11:54]
mircea_popescu	what if nefario just fills in with his addy for all those who don't respond ?	[11:54]
mircea_popescu	he then will be making more by closing down glbse than he ever made running it.	[11:54]
mircea_popescu	and who's to know ?	[11:54]
*	strello (~strello@unaffiliated/strello) has joined #bitcoin-assets	[11:54]
BTC-Mining	Yes. Especially if afterward he close the method to submit BTC addys	[11:55]
BTC-Mining	Since other investors are missing then, they have no recourse, and since not all holders are publicly known, there's no way to know that.	[11:55]
mircea_popescu	well. so, there's a saying, "one fool thows a rock in the sea and ten wise men struggle to fish it out"	[11:55]
drekk	your discussion is interesting, but who'd be actually in charge to do anything like that?	[11:55]
mircea_popescu	he's thrown it in, fuckall knows how to get it back out.	[11:55]
mircea_popescu	drekk well that's ALSO unclear. nefario or theymos or "the community"	[11:56]
mircea_popescu	or nobody.	[11:56]
femtotube	so, what the plan to fix this mess and move on?	[11:56]
mircea_popescu	right.	[11:56]
drekk	well if its nefario, everything dies at that point	[11:56]
mircea_popescu	femtotube google bitcoinica.	[11:56]
mircea_popescu	the EXACT same blueprint. zhou and tihan = nefario and theymos	[11:56]
drekk	dont know what to make of theymos atm	[11:56]
femtotube	no, i will not because bitcoinica has nothing to do with fixing something	[11:56]
mircea_popescu	the mess will (in my opinion) never be resolved. ever.	[11:57]
drekk	ack	[11:57]
femtotube	it another scam that was run by "respected" LOL! members of this "community"	[11:57]
BTC-Mining	Sweet, I'm fooked then...	[11:57]
mircea_popescu	femtotube the same members. nefario is an interscamgro alumni.	[11:57]
mircea_popescu	BTC-Mining mind you, this is just my opinion.	[11:57]
drekk	from now on, i'll work hard to never be respected by the community	[11:57]
femtotube	mircea_popescu: i understand how this makes you feel good and you can gloat now like never before	[11:57]
BTC-Mining	I would have other people's funds but no way to return them.	[11:57]
mircea_popescu	femtotube im not even gloating.	[11:57]
femtotube	sure you are	[11:58]
mircea_popescu	why ?	[11:58]
femtotube	because you are just another sociopath in this ugly BTC community	[11:58]
mircea_popescu	im not even a sociopath.	[11:58]
BTC-Mining	mircea, notice the usage of the word "would", pointing to the fact it's hypothetical	[11:58]
mircea_popescu	(nor am i greek)	[11:58]
femtotube	mircea_popescu: no, you are romanian	[11:59]
mircea_popescu	BTC-Mining the why was at tubeguy	[11:59]
BTC-Mining	I'm not talking about the why, but because you said "[04:57] BTC-Mining mind you, this is just my opinion."	[11:59]
mircea_popescu	o o hehe	[11:59]
BTC-Mining	Which I was pointing out understand that by using "would"	[12:00]
mircea_popescu	yeah.	[12:00]
mircea_popescu	it's a stinky situation to be in especially because you may THINK you're ok, everyone claimed, everyone was taken care of, all is good	[12:00]
mircea_popescu	you're back to paying dividends	[12:00]
mircea_popescu	then three weeks later there's this claim.	[12:00]
assbot	[MPEX] [S.MPOE] 20018 @ 0.0003711 = 7.4287 BTC [-]	[12:01]
assbot	[MPEX] [S.MPOE] 18682 @ 0.00037054 = 6.9224 BTC [-]	[12:01]
mircea_popescu	so there'd have to be a statute of limitations baked in at any rate, otherwise nobody sane would accept to be part of this as an issuer	[12:01]
BTC-Mining	Which might be legitimate or a complete fraud.	[12:01]
mircea_popescu	and obviously in a decentralized currency nobody has the authority to make such a statute	[12:01]
mircea_popescu	cause hey, government bad mmkay.	[12:01]
BTC-Mining	Well to each system, it's advantages I guess...	[12:01]
mircea_popescu	i think it's a perfect lesson in practical politics, economics and law for all involved.	[12:02]
mircea_popescu	so in this sense there's a benefit.	[12:02]
BTC-Mining	But are the average bitcointalk folks even able to get a lesson out of this...	[12:02]
mircea_popescu	well, nobody cares about average folk. experience benefits those involved.	[12:03]
BTC-Mining	I was pretty much saying for involved folks...	[12:03]
mircea_popescu	a. i would hope so, really.	[12:03]
BTC-Mining	Seeing as how most seem to act around the forums.	[12:03]
Eisenhower34	may I ask about the topic of your conversation? whats "this" in "average bitcointalk folks even able to get a lesson out of this"	[12:05]
mircea_popescu	we were auditing the proposed process to get out of the glbse singularity.	[12:05]
Eisenhower34	So just that GLBSE is down or have there been updates about that "singularity" ....	[12:06]
mircea_popescu	yea, a lot of announcement.	[12:06]
mircea_popescu	+S	[12:07]
mircea_popescu	https://bitcointalk.org/index.php?topic=115669.140	[12:07]
BTC-Mining	GLBSE is not just down, it's closing definitly	[12:08]
____Atlas_____	Well, since this is now a criminal enterprise	[12:11]
____Atlas_____	and a high-risk venture	[12:11]
____Atlas_____	this is a nice market opening we got here	[12:11]
____Atlas_____	Hmmm	[12:11]
drekk	wondering if/how this will affect btc/fiat exchange rates	[12:12]
Eisenhower34	ok... so no im really screwed ...	[12:12]
Eisenhower34	touched pirate... it broke... touched BDT... it broke... touched MBT... it broke... and now GLBSE is done....	[12:13]
____Atlas_____	EVERYTHING I TOUCH DIES	[12:13]
mircea_popescu	drekk realistically it wouldn't.	[12:14]
*	mircea_popescu bans Eisenhower34 proactively.	[12:14]
Eisenhower34	:D	[12:14]
____Atlas_____	mircea_popescu: If a good portion does	[12:14]
____Atlas_____	I mean, if a good portion believes it will go down because of this	[12:14]
____Atlas_____	it does	[12:15]
drekk	mircea_popescu, i've come to the conclusion that everything's possible in bitcoin world :P	[12:15]
mircea_popescu	ya but glbse volume was something like... 3 months of glbse = 1 day of mtgox	[12:15]
____Atlas_____	This is what makes a market irrational at times because of a perceived irrationality.	[12:15]
____Atlas_____	Goddamn it, my hearing is going out again	[12:15]
____Atlas_____	I am dying.	[12:15]
Eisenhower34	Wondering when mtgox goes offline... thats the only online market thing where I got more bitcoins right now...	[12:15]
mircea_popescu	pirate's crap made a +-30% dent, but that was 500k-ish	[12:15]
Eisenhower34	If I would be you Id pull all my BTC out of mtgox	[12:15]
drekk	you're right	[12:15]
____Atlas_____	Eisenhower34: There's a reason I stopped daytrading today	[12:16]
____Atlas_____	Things are about to hit the shitter in regards to regulation	[12:16]
mircea_popescu	i really don't think so.	[12:17]
____Atlas_____	I hope you are right.	[12:17]
mircea_popescu	for one, contrary to what most everyone (on the forum) seems to think, sec regulation is very unlike the jackbooted thugedness everyone seems to expect.	[12:17]
mircea_popescu	these aren't white street cops in a black neighbourhood.	[12:17]
mircea_popescu	realistically they'd either put up a guideline or talk to people involved ("advise as to X Y Z")	[12:18]
____Atlas_____	They are beauracrats?	[12:18]
*	OneEyed still don't understand why GLBSE shareholders don't vote Nefario out as a CEO just because he might not agree with that	[12:18]
mircea_popescu	rather than i dunno, arrest whoeverthehell.	[12:18]
____Atlas_____	OneEyed: They pretty have	[12:18]
____Atlas_____	but he won't recognize it	[12:18]
OneEyed	____Atlas_____: voted?	[12:18]
mircea_popescu	OneEyed practically, there's no actual way to transfer authority in a btc corp	[12:19]
____Atlas_____	They proposed a vote but Nefario was like hell na	[12:19]
____Atlas_____	fuck you guys	[12:19]
OneEyed	____Atlas_____: theymos said that he said he wouldn't move even if he was voted out	[12:19]
mircea_popescu	this is why mpex doesn't even recognize the concept of shareholder vote.	[12:19]
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____Atlas_____	I will be CEO no matter what	[12:19]
*	BurtW has quit (Ping timeout: 240 seconds)	[12:19]
mircea_popescu	exact reason.	[12:19]
OneEyed	____Atlas_____: so as far as I know, they haven't voted him out yet	[12:19]
BTC-Mining	I'd say like mircea. For some reason Nefario might just want to quit altogether and isn't forced to close GLBSE. He might just be running from his responsibility as the manager of GLBSE.com	[12:19]
____Atlas_____	OneEyed: They would have if they could.	[12:19]
____Atlas_____	but he has all the assets	[12:19]
____Atlas_____	he has permanent power	[12:19]
____Atlas_____	no matter what	[12:19]
OneEyed	____Atlas_____: so they haven't put a motion forward because of that?	[12:19]
____Atlas_____	Yep	[12:19]
mircea_popescu	____Atlas_____ which explains to you why this is never getting resolved.	[12:19]
OneEyed	____Atlas_____: do you see what's wrong here? He they put a motion and he refuses to release control of the assets, then he is acting openly in violation of the shareholders agreement	[12:20]
mircea_popescu	OneEyed nah, he already has.	[12:20]
mircea_popescu	they meeting was... warm, so to speak.	[12:20]
____Atlas_____	OneEyed: The question is the agreement can be enforced?	[12:20]
____Atlas_____	if the*	[12:20]
OneEyed	mircea_popescu: sure, but they have done nothing about it, not even a motion	[12:20]
____Atlas_____	There is no collateral on Nefario	[12:20]
mircea_popescu	OneEyed they're not particularly experienced in these things.	[12:20]
____Atlas_____	They guy is a sovereign when it comes to GLBSE	[12:20]
____Atlas_____	The*	[12:21]
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noagendamarket	We tried voting him out	[12:26]
OneEyed	noagendamarket: how?	[12:26]
noagendamarket	som e people refused to vote	[12:26]
OneEyed	noagendamarket: did you put up a motion signed by a majority of shareholders?	[12:26]
noagendamarket	on irc yes	[12:26]
noagendamarket	I voted to remove him	[12:26]
OneEyed	noagendamarket: ok, so no motion was voted, so he has not refused to go out when facing a motion	[12:26]
mircea_popescu	"signed". but anyway.	[12:26]
OneEyed	(was passed I mean)	[12:26]
noagendamarket	didnt matter anyway he has the database etc	[12:27]
____Atlas_____	There is a line between procedure and reality	[12:27]
OneEyed	So we can conclude that we do not have a majority of shareholders formally objecting to Nefario being in charge.	[12:27]
____Atlas_____	an objection is irrelevant	[12:28]
____Atlas_____	Nothing can be done	[12:28]
OneEyed	noagendamarket: of course he does matter. If he refused to hand over the database while having been removed from the board, that would probably make him liable of other illicit acts.	[12:28]
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OneEyed	____Atlas_____: ok, so bend over and take him deep, don't object, do nothing	[12:28]
____Atlas_____	OneEyed: The guy probably has a plane ticket off to China right now	[12:28]
Luceo	So, whos setting up a tor or p2p exchange?	[12:29]
____Atlas_____	A lawsuit against him doesn't benefit me any	[12:29]
PsychoticBoy	And..... We are fucked	[12:29]
mircea_popescu	OneEyed you have a solid point, but they're kids and don;t know how thigns work.	[12:30]
PsychoticBoy	Now glbse is closed, I will quit pumping btc in stocks etc I am quiting	[12:30]
PsychoticBoy	fucking poses	[12:30]
PsychoticBoy	posers	[12:30]
mircea_popescu	PsychoticBoy at least it's one click mate.	[12:31]
PsychoticBoy	hahahahqahqa[	[12:31]
____Atlas_____	mircea_popescu: You can't possibly think the legal process works most of the time	[12:31]
PsychoticBoy	I cant laugh really	[12:31]
assbot	[MPEX] [S.MPOE] 35567 @ 0.0003734 = 13.2807 BTC [+]	[12:31]
mircea_popescu	____Atlas_____ do you have any experience with it ?	[12:31]
PsychoticBoy	Nefario fucked us, If I knew this, Then I had punched him at the conference and HARD	[12:32]
OneEyed	PsychoticBoy: I'm really sorry for you FDBF managers, your job was examplary	[12:32]
noagendamarket	bit con ference	[12:32]
mircea_popescu	lol	[12:32]
____Atlas_____	mircea_popescu: I have been in court rooms, yes.	[12:32]
PsychoticBoy	yuuuuuup	[12:32]
____Atlas_____	I have seen the results of court proceedings	[12:32]
mircea_popescu	____Atlas_____ want me to tell you a story then ?	[12:32]
noagendamarket	it wqas sponsored by intersango what do you expect	[12:33]
____Atlas_____	mircea_popescu: A court ruling isn't going to bring your dead child back.	[12:33]
mircea_popescu	eh this is civil dood.	[12:33]
mircea_popescu	stop mixing things.	[12:33]
PsychoticBoy	If I only could go back in time and just kicked nef in the nuts at the conference	[12:33]
____Atlas_____	Meh, I just don't see what we could get out of Nefario if we charge him.	[12:33]
mircea_popescu	____Atlas_____ clarity.	[12:33]
noagendamarket	neva trust intersango	[12:34]
OneEyed	And wait for BFL to go away with people money, looks like they are getting more and more suspect (found on Reddit): https://dl.dropbox.com/u/7112341/bitcoin/bfl_doesnt_own_a_camera.png	[12:34]
____Atlas_____	I guess I haven't lost enough in this case. I got most of my money out in time.	[12:34]
noagendamarket	single handedly ripped the guts out of the entire economy	[12:34]
____Atlas_____	I just lost assets I now write off as worthless.	[12:34]
Luceo	____Atlas_____: Is there a better option than court at this point? I'm no fan of the state but it seems like these issues are constant at this point with no way to collect debt or deal with scammers.	[12:35]
____Atlas_____	Luceo: Nope. We could have gangs do our bidding but that will just bring Bitcoin to illicit level.	[12:35]
noagendamarket	people are the problem :P	[12:36]
____Atlas_____	No people, no problems.	[12:36]
____Atlas_____	More people, more problems.	[12:36]
noagendamarket	satoshi needs to build better people	[12:36]
Luceo	____Atlas_____: Those gangs are viable in a single locale, they're far less viable in a global market	[12:36]
PsychoticBoy	fucked up people, fucked up problems	[12:36]
BTC-Mining	Psychotic, technically, FDBF might still be managed without GLBSE. Only it would be excessively hard and time consuming to do so.	[12:36]
PsychoticBoy	Oh man I hate this	[12:36]
PsychoticBoy	true	[12:36]
Luceo	Use cryptostocks or mpex :P	[12:37]
PsychoticBoy	We are going to an other exchange	[12:37]
Luceo	This is the point though where we should be thinking about how to get the exchanges off the clearnet	[12:37]
____Atlas_____	I am going to be brutally honest.	[12:37]
Luceo	It may well have been legal issues that forced nefario's hand	[12:38]
____Atlas_____	I like that this happened because people are now going to take stocks seriously.	[12:38]
BTC-Mining	I doubt it's legal issues, albeit possible.	[12:38]
Luceo	____Atlas_____: People need to take stock EXCHANGES seriously	[12:38]
Luceo	BTC-Mining: theymos thinks it's legal	[12:38]
Luceo	And he's a major partner	[12:38]
____Atlas_____	Ugh, they should of just hosted it in Russia where they do not give a flying fuck	[12:39]
____Atlas_____	Get a .ru domain name	[12:39]
____Atlas_____	Call it a bloody day	[12:40]
BTC-Mining	Aye... but theymos stated Nefario used users deposit to pay a lawyer, then admitted he was actually just making a guess as he didn't think Nefario had the money for a lawyer and wanted one.	[12:40]
BTC-Mining	So I don't trust theymos' say too much.	[12:40]
Eisenhower34	mtgox withdraw done ....	[12:41]
Eisenhower34	this whole BTC thing sucks more and more	[12:41]
Eisenhower34	losing money on all ends	[12:41]
____Atlas_____	Don't tell me you sold?	[12:41]
Eisenhower34	sold btc? you are damn right	[12:42]
____Atlas_____	FFFFFFFFFF	[12:42]
____Atlas_____	You nonbeliever	[12:42]
Eisenhower34	believe? in btc? btc was a good idea but it attracts too many ... "fraud"	[12:42]
Eisenhower34	If Id get my BTC from pirate / glbse / BDT / mybitcointrade ... id still have 2k BTC ...	[12:44]
noagendamarket	ouch	[12:44]
Eisenhower34	exactly	[12:44]
Eisenhower34	like i said, everything i touch breaks	[12:44]
Eisenhower34	started GLBSE trading like 1 month ago	[12:45]
Eisenhower34	started with pirate 2 months before he defaulted	[12:45]
Eisenhower34	started with MBT 3 weeks before they gone offline	[12:45]
____Atlas_____	Pirate and the GLBSE are pretty connected	[12:45]
____Atlas_____	It may be the same regulatory swipe	[12:45]
PsychoticBoy	I urge everyone to never work with Nefario again. A Bitcoin stock exchange is a good idea, though. I hope that someone will create something better than GLBSE and MPEx. ;; quote theymos	[12:46]
____Atlas_____	I never planned on going to shitstain Ireland anyways	[12:46]
____Atlas_____	They can't even do a proper revolution	[12:47]
BTC-Mining	BTC is excellent for transacting freely over the web.	[12:47]
noagendamarket	lol	[12:47]
BTC-Mining	For other purposes... it carries a lot more risk. Very attractive to con artists.	[12:47]
PsychoticBoy	you can better sale shit on SR or BMR that way youll only earn, not lose btc	[12:47]
____Atlas_____	BMR is scams paradise	[12:48]
Eisenhower34	"BTC is excellent for transacting freely over the web." <- only for "maybe non legal business" and only if the other party accepts BTC	[12:48]
noagendamarket	BTC is excellent for pissing off politicians.	[12:49]
PsychoticBoy	not for sellers Atlas, sellers only profit<	[12:49]
____Atlas_____	Oh true	[12:49]
____Atlas_____	;;ticker	[12:49]
gribble	Best bid: 12.69, Best ask: 12.79978, Bid-ask spread: 0.10978, Last trade: 12.69, 24 hour volume: 21154, 24 hour low: 12.51, 24 hour high: 12.89999	[12:49]
____Atlas_____	Silk Road is doing well	[12:49]
____Atlas_____	It will probably do well until its server gets knocked down	[12:50]
Eisenhower34	then you get another server ...	[12:50]
____Atlas_____	Yep.	[12:50]
mircea_popescu	PsychoticBoy have you rated nefario yet ?	[12:51]
BTC-Mining	Eh, well I'm off for now...	[12:51]
PsychoticBoy	no I have not rated nefario	[12:51]
____Atlas_____	"Fact. The owner of MPEX has attempted to sell NSFW photos of herself."	[12:52]
____Atlas_____	LOL	[12:52]
____Atlas_____	I can't stop laughing	[12:52]
____Atlas_____	"Debate MPEX is managed by an untrustworthy romanian pornstar"	[12:53]
____Atlas_____	I am going to die	[12:53]
mircea_popescu	____Atlas_____ ya, apparently im a girl nao	[12:54]
mircea_popescu	http://scholar.google.com/scholar_case?case=8981495112065260106&hl=en&lr=lang_en&as_sdt=2,5&as_vis=1&oi=scholaralrt&ct=alrt&cd=0#[1] if anyone is curious, i found this a pleasant read	[12:54]
mircea_popescu	the ADC case.	[12:54]
mircea_popescu	ASD* even. the ads rotator ppl	[12:55]
kakobrekla	mornin.	[12:56]
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noagendamarket	meh if he shuts down glbse before an audit happ[ens no harm no foul lol	[12:57]
noagendamarket	if anyone asks "I dont know nothing" is a good response :P	[12:58]
mircea_popescu	lol	[12:58]
kakobrekla	https://bitcointalk.org/index.php?topic=115441.msg1249653#msg1249653	[12:59]
kakobrekla	how does that even make sense	[12:59]
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mircea_popescu	that's unclear.	[13:00]
kakobrekla	people are so dumb :(	[13:00]
mircea_popescu	ya think ?	[13:00]
mircea_popescu	"But skizzle and chop, I gotta bunny hop to the stop for three fiddy and I catch you downside. yo"	[13:01]
mircea_popescu	i dunno, reeses is pretty good.	[13:01]
kakobrekla	:)	[13:01]
kakobrekla	jurov, what is the usercount on coinbr	[13:02]
jurov	6 atm	[13:02]
assbot	[MPEX] [S.MPOE] 1111 @ 0.00037054 = 0.4117 BTC [-]	[13:03]
assbot	[MPEX] [S.MPOE] 17500 @ 0.00036996 = 6.4743 BTC [-]	[13:03]
assbot	[MPEX] [S.MPOE] 1900 @ 0.00036965 = 0.7023 BTC [-]	[13:03]
assbot	[MPEX] [S.MPOE] 8889 @ 0.00036936 = 3.2832 BTC [-]	[13:03]
mircea_popescu	jurov put a reg fee!	[13:03]
kakobrekla	yeah	[13:03]
kakobrekla	like	[13:03]
kakobrekla	30 btc or smth!	[13:04]
kakobrekla	lul	[13:04]
mircea_popescu	well... 20	[13:04]
mircea_popescu	make the fee payable only in solidcoin	[13:04]
kakobrekla	_:DDD	[13:04]
mircea_popescu	and only from freshly minted blocks	[13:04]
noagendamarket	lol	[13:04]
jurov	haha	[13:04]
kakobrekla	solidcoin is the demo account	[13:04]
mircea_popescu	I refuse to limit myself to documents such as SECURITIES EXCHANGE ACT OF 1934.	[13:05]
mircea_popescu	Haven't read but I think it's safe to say ~30% of what's written in there is ridiculous and make no sense	[13:05]
mircea_popescu	see, this is the problem	[13:05]
mircea_popescu	i have read it, and i think it's a monument of sensibility.	[13:05]
mircea_popescu	why do people keep doing this ? and by people i mean retarded teenagers.	[13:06]
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____Atlas_____	economic depression	[13:07]
noagendamarket	at least nefario updated the website on saturday ...people just didnt like it lol	[13:11]
PsychoticBoy	I wish I was a teenager and knew what I know now	[13:11]
mircea_popescu	PsychoticBoy get all the birds ?	[13:12]
PsychoticBoy	I have one and I dont think she agrees with another ¨bird¨	[13:13]
mircea_popescu	aww	[13:13]
____Atlas_____	;;ticker	[13:18]
gribble	Best bid: 12.69, Best ask: 12.79985, Bid-ask spread: 0.10985, Last trade: 12.69, 24 hour volume: 21166, 24 hour low: 12.51, 24 hour high: 12.89999	[13:18]
coingenuity	i get all the birds	[13:20]
coingenuity	chickens, turkeys, geese	[13:20]
BTC-Mining	[06:11] I wish I was a teenager and knew what I know now	[13:20]
PsychoticBoy	I do wish I was a teenagr again	[13:21]
BTC-Mining	You mean you wish you were purchasing 1000s of bitcoins at 1 USD/1000 BTC	[13:21]
PsychoticBoy	I mine since 2010	[13:21]
PsychoticBoy	I have enough coins left but lost a lot at glbse	[13:21]
BTC-Mining	Hmm, what was the price on BTC back then?	[13:21]
PsychoticBoy	bought them for the first time when they were 0.04$ a coin	[13:22]
BTC-Mining	Not bad at all.	[13:22]
PsychoticBoy	back then I was just mining on cpu and gpu	[13:22]
PsychoticBoy	I did found a block with cpu mining back then	[13:23]
BTC-Mining	I wish I heard of BTC before it started to get in the news.	[13:23]
PsychoticBoy	solo mining	[13:23]
BTC-Mining	Well, everything is not lost yet.	[13:23]
BTC-Mining	So long as we can get asset management out of GLBSE	[13:24]
PsychoticBoy	Hope so, investors in FDBF and ABM are complaining already but hee its not MY fault GLBSE is closed	[13:24]
mircea_popescu	BTC-Mining ironically, my forum readers were trying to get me to check out btc for months before i finally did	[13:25]
BTC-Mining	Eh...	[13:25]
mircea_popescu	shoulda listened earlier.	[13:26]
mircea_popescu	sometime early 2011 / late 2010 i did check it out, happened on some paper about anonymous murder market or some bs and i went .... neeeevermind	[13:26]
BTC-Mining	Bitcoin is pretty much all just another of the many "failure ideas" the web constantly spawn until you actually read and understand the concept behind Bitcoins.	[13:27]
PsychoticBoy	indeed, early adopters have an advantage	[13:27]
BTC-Mining	Then you realize it's an amazing concept.	[13:27]
mircea_popescu	yup.	[13:27]
mircea_popescu	exactly my experiencwe	[13:27]
PsychoticBoy	I do not like any other alt coin, ppcoin, ltcoin, nmcoin etc no ONLY BTC	[13:28]
BTC-Mining	alt coins are alts to a well established and strong first born, Bitcoins	[13:29]
mircea_popescu	https://bitcointalk.org/index.php?topic=101902.msg1249750#msg1249750 lmao this is pretty funny.	[13:29]
BTC-Mining	xD	[13:29]
BTC-Mining	Fun thing I decided to register on MPEx and redeem all my BitVPS shares from GLBSE > MPEx	[13:29]
mircea_popescu	that;s something	[13:30]
PsychoticBoy	only the giga.etf buyers are fucked on mpex like all passthroughs	[13:30]
BTC-Mining	That's one thing less to worry about.	[13:30]
BTC-Mining	I bought 534000 shares of giga.etf earlier today =/	[13:30]
PsychoticBoy	is been paid in GLBSE	[13:30]
BTC-Mining	I know...	[13:30]
PsychoticBoy	last monday ;)	[13:30]
mircea_popescu	PsychoticBoy ya unfortunately, if it tracks a glbse asset it's screwed	[13:31]
assbot	[MPEX] [S.MPOE] 10545 @ 0.00036936 = 3.8949 BTC [-]	[13:31]
PsychoticBoy	so 1 is lucky with s.dice and another one is unlucky with giga.etf	[13:31]
assbot	[MPEX] [S.MPOE] 1 @ 0.0003734 BTC [+]	[13:31]
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kakobrekla	!help	[13:33]
assbot	List of commands:	[13:33]
assbot	!ticker (desc: returns current MPEX ticker values)	[13:33]
*	ChanServ gives channel operator status to kakobrekla	[13:33]
*	kakobrekla has changed the topic to: Bitcoin asset exchanges: http://polimedia.us/mpex \|\| https://coinbr.com \|\| https://cryptostocks.com \|\| https://icbit.se \|\| list bot commands: !help \|\| Streaming trades only: #bitcoin-assets-trades \|\| Net Chart: http://bit.ly/RMjqah \|\| a biased message: http://smpake.com \|\| http://bit4x.com	[13:33]
BTC-Mining	PsychoticBoy, cost me only ~16 BTC for all the GIGA.ETF however.	[13:33]
*	kakobrekla removes channel operator status from kakobrekla	[13:33]
mircea_popescu	!ticker f.giga.etf	[13:34]
mircea_popescu	hm	[13:34]
mircea_popescu	am i down?!	[13:34]
mircea_popescu	im not down	[13:34]
mircea_popescu	kakobrekla you borkt it	[13:34]
BTC-Mining	If GLBSE gets the list of asset owners disclosed and Gigavps can still pay, I'd make a big win on it.	[13:34]
BTC-Mining	Otherwise I lose 16 BTC	[13:35]
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kakobrekla	!ticker f.giga.etf	[13:38]
kakobrekla	oh i see.	[13:38]
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kakobrekla	!ticker f.giga.etf	[13:39]
assbot	[MPEX:F.GIGA.ETF] 1day: 0.00002002 / 0.00010663 / 0.00027773 (1075074 shares, 114.64 BTC), 30day: 0.00002002 / 0.00041983 / 0.00087369 (11955557 shares, 5,019.42 BTC)	[13:39]
mircea_popescu	ty	[13:39]
mircea_popescu	27/10/2	[13:39]
mircea_popescu	quite the drop.	[13:39]
BTC-Mining	So within the month... the equivalent of 11x the GIGA.ETF total shares were traded?	[13:44]
BTC-Mining	That's a lot of trading.	[13:44]
BTC-Mining	30day: 0.00002002 / 0.00041983 / 0.00087369	[13:45]
BTC-Mining	87/41/2	[13:45]
mircea_popescu	pretty furious	[13:45]
BTC-Mining	Quite indeed.	[13:45]
BTC-Mining	GIGA.ETF is now "ASIC priced"	[13:45]
mircea_popescu	but!	[13:46]
mircea_popescu	my holdings of giga aren't fixed, so the float varies	[13:46]
mircea_popescu	tho i dont think it was ever over 2k	[13:46]
BTC-Mining	Indeed	[13:46]
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mircea_popescu	ya, if we consider asics and reward double a 10600 is maybe quite right	[13:47]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[13:48]
BTC-Mining	1 GIGA.ETF = 1/1000 of GIGAMINING = 1/1000 of 5 mhash = 5 kilohash	[13:51]
BTC-Mining	0.00002002 BTC x 12.67410 USD/BTC = 0.000253735482 USD	[13:51]
BTC-Mining	or about 0.025 cents per kilohash	[13:52]
BTC-Mining	per 5 kilohash*	[13:52]
BTC-Mining	or 0.5% of a cent per kilohash	[13:52]
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BTC-Mining	so I'd get... 0.2 mhash per cent	[13:54]
BTC-Mining	or 2 mhash per 10 cent	[13:54]
BTC-Mining	Some cheap mhash right there.	[13:54]
*	UncleScrooge (~UncleScro@ip-106.net-89-2-150.rev.numericable.fr) has joined #bitcoin-assets	[13:55]
rdponticelli	re?	[13:56]
PsychoticBoy	yes thats true, but how long will it take to be paid now glbse is down	[13:56]
rdponticelli	BTC-Mining: I bought some @7229. Do you think a made a deal?	[13:57]
rdponticelli	And that was the expensive one...	[13:58]
assbot	[MPEX] [S.MPOE] 21731 @ 0.00036936 = 8.0266 BTC [-]	[13:59]
assbot	[MPEX] [S.MPOE] 12700 @ 0.0003692 = 4.6888 BTC [-]	[13:59]
assbot	[MPEX] [S.MPOE] 18369 @ 0.00036877 = 6.7739 BTC [-]	[13:59]
rdponticelli	The ETF pay once a month, anyway	[13:59]
PsychoticBoy	did not know that	[13:59]
BTC-Mining	It will all depend on what happens next...	[14:00]
BTC-Mining	Nefario needs to come up with a solution.	[14:02]
noagendamarket	should be monday	[14:02]
mircea_popescu	http://betsofbitco.in/item?id=739	[14:02]
BTC-Mining	I'm left with about as much funds whatever happens. Except in one case it's because I get back my assets and they become claimable at their issuer, the other is because I have other people's money and would not know where to return it.	[14:03]
rdponticelli	Yep, obviously, they're a lot of uncertainties	[14:03]
rdponticelli	But it looked like a nice gamble	[14:03]
mircea_popescu	this is kinda illustrative of glbse's general irrelevance	[14:03]
mircea_popescu	1 btc vs 0 btc	[14:03]
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*	Ukto just read the glbse update	[14:05]
Ukto	no reasoning?	[14:05]
noagendamarket	not allowed to say :P	[14:05]
Ukto	0,o	[14:06]
Ukto	by "who"	[14:06]
noagendamarket	I meant nefario cant say anything	[14:06]
Ukto	yeah	[14:06]
Ukto	is it a "company" thing, or what	[14:06]
*	Now talking on #bitcoin-assets	[20:11]
*	Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://polimedia.us/mpex \|\| https://coinbr.com \|\| https://cryptostocks.com \|\| https://icbit.se \|\| list bot commands: !help \|\| Streaming trades only: #bitcoin-assets-trades \|\| Net Chart: http://bit.ly/RMjqah \|\| a biased message: http://smpake.com \|\| http://bit4x.com	[20:11]
*	Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Sat Oct 6 13:33:37 2012	[20:11]
Bugpowder	Cause I'm not selling it down to 117500	[20:11]
Bugpowder	shit I'm not selling it at all	[20:11]
mircea_popescu	what are we selling ?	[20:12]
Bugpowder	paid 2.9% this month	[20:12]
rg	mircea	[20:12]
mircea_popescu	ye	[20:12]
rg	you should lower the MPEX fee	[20:12]
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PeterLambert	bitvps	[20:12]
rg	for the next 2 weeks	[20:12]
mircea_popescu	rg you noticed i raised it ?	[20:12]
mircea_popescu	PeterLambert ?!	[20:12]
rg	no i didn't	[20:12]
PeterLambert	yes?	[20:12]
rg	it was already a rip off	[20:12]
rg	you raised it more?	[20:12]
mircea_popescu	quite the cheek. how dare you show your face here ?	[20:12]
mircea_popescu	rf 30.	[20:13]
rg	lol what a scam	[20:13]
PeterLambert	I have a face	[20:13]
mircea_popescu	PeterLambert you also have a bunch of defrauded investors.	[20:13]
PeterLambert	? maybe they can be included in the glbse shutdown	[20:13]
mircea_popescu	maybe you can get fucked.	[20:14]
PeterLambert	I never did get any communicatio from nefario	[20:14]
mircea_popescu	what is this, you think you run with everyone;'s money, come back a year later all is forgotten ?	[20:14]
mircea_popescu	all is not forgotten.	[20:14]
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rg	what asset was his	[20:15]
rg	and what happened	[20:15]
rg	i was around a year ago and i dont know who he is	[20:15]
mircea_popescu	LIF.x	[20:15]
mircea_popescu	back in 2011. first glbse scammer pretty much	[20:15]
mircea_popescu	he started the trend.	[20:15]
assbot	[MPEX] [S.MPOE] 12687 @ 0.00037269 = 4.7283 BTC [+]	[20:15]
assbot	[MPEX] [S.MPOE] 413 @ 0.00037545 = 0.1551 BTC [+]	[20:15]
PeterLambert	no, I think that title goes to cuddlefish	[20:15]
rg	peterlambert have you come to repay your share holders?	[20:16]
PeterLambert	Usagi did not learn from my mistakes	[20:16]
mircea_popescu	;;rate PeterLambert -3 the original GLBBQ scammer. Made a bunch of "funds", LIF.*, made all sorts of claims as to their investment policies, ran off.	[20:16]
gribble	Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.	[20:16]
PeterLambert	I have no idea who they are	[20:16]
mircea_popescu	gtfo your mistakes.	[20:16]
mircea_popescu	i can't believe the nerve of you idiots.	[20:17]
mircea_popescu	btc is not for scammers, go back to nigeria or w.e you sprout from.	[20:17]
rg	if theres one thing i hate more than curly haired romanians	[20:17]
rg	its scammers	[20:17]
rg	:-D	[20:17]
PeterLambert	so most of the money I lost went to shakaru	[20:17]
mircea_popescu	PeterLambert nobody cares.	[20:17]
PeterLambert	oh, well nevermind then	[20:18]
mircea_popescu	rg https://bitcointalk.org/index.php?topic=35775.0 there you have it, in all its splendour	[20:19]
mircea_popescu	asshat even deleted his posts, deleted his site, complete and utter scammer.	[20:19]
PeterLambert	but no scammer tag?	[20:20]
mircea_popescu	apparently you haven't learned from usagi's mistakes either.	[20:21]
rg	nice peter	[20:22]
rg	how many btc did you steal	[20:22]
rg	1200 ?	[20:22]
rg	;;calc 1200 * [ticker --last]	[20:22]
gribble	15297.564	[20:22]
rg	wow	[20:22]
rg	you'd go prison for hat	[20:22]
rg	that*	[20:22]
mircea_popescu	rg it's not even that. it's the eggregiousness of it. he was like, writing extensively about the various stocks and w/e, analuysing them, bla bla.	[20:22]
mircea_popescu	then one day... o sorry, "they were all scams".	[20:22]
rg	lol	[20:22]
rg	hey we're making 30%/mo on our deposits!	[20:22]
rg	oh btw	[20:22]
rg	i cant pay you any of it.	[20:23]
mircea_popescu	i mean, half the people investing at that time didn't even do any dd, just went by his bs.	[20:23]
rg	that's sad	[20:23]
rg	one thing that's good about glbse closing is..	[20:23]
rg	unexperienced investors wont be able to make uninfomed decisions	[20:23]
rg	poor btc-mining	[20:23]
rg	he has tons of glbse asstes	[20:23]
PeterLambert	no, I didnt steal bitcoins, i lost them in bad investments and scammers	[20:23]
mircea_popescu	rg indeed. cause you know, of the 30 btc fee.	[20:23]
rg	lol	[20:23]
rg	suuuure	[20:23]
rg	mircea_popescu: nah	[20:23]
rg	coinbr's volume is going to go up	[20:23]
rg	a ton	[20:23]
mircea_popescu	PeterLambert get lost. you lied about how you were using it, you misrepresented the assets, then you just played the forex market.	[20:24]
rg	coinbr is just in time	[20:24]
rg	it appears	[20:24]
mircea_popescu	rg yup jurov got it right there.	[20:24]
Bugpowder	BTC-Mining joined	[20:24]
Bugpowder	paid the 20BTC fee	[20:24]
Bugpowder	bought some S.BVPS	[20:24]
Bugpowder	Last week right?	[20:25]
mircea_popescu	i think he was saying so.	[20:27]
mircea_popescu	o yea, yea, cause he ended up buying a bunch of giga.etf	[20:27]
Bugpowder	lol	[20:27]
Bugpowder	fucking lol	[20:27]
mircea_popescu	Bugpowder he did get it kinda on the cheap so who know	[20:28]
mircea_popescu	s	[20:28]
rg	i sold btc-mining a bunch of s.bvps	[20:28]
rg	the other week	[20:28]
rg	he's our main share holder right now	[20:28]
rg	(that i know of)	[20:28]
rg	oh i need to post this p/l	[20:29]
rg	god damn i hat ebeing bsy	[20:29]
mircea_popescu	rg you know as a general principle you should first make s ure with people they're ok to be publicly outed	[20:29]
*	Diablo-D3 sighs	[20:29]
Diablo-D3	so I wonder how much money nefario stole	[20:29]
mircea_popescu	Diablo-D3 coupla k is the current est.	[20:29]
rg	mircea_popescu: well considering we did the trade in public	[20:30]
rg	in this very channel	[20:30]
rg	i dont think it was supposed to be pivate	[20:30]
Diablo-D3	mircea_popescu: well	[20:30]
mircea_popescu	rg o o nm then	[20:30]
Diablo-D3	remember when I paid back like 1000 btc?	[20:30]
Diablo-D3	I wonder how much didnt make it out of glbse	[20:30]
rg	i wonder what spooked nefario	[20:31]
mircea_popescu	Diablo-D3 most of it did im pretty sure, they were bleeding btc in the past weeks at an increasing page.	[20:31]
mircea_popescu	pace*	[20:31]
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rg	lol	[20:32]
rg	a friend of mine jus tbarges in my room	[20:32]
rg	his leg is coverd in blood	[20:32]
rg	and it appears to be coming out at a good pace	[20:32]
mircea_popescu	mostly the people who were valuing their paper above market value got murdered. there's people with portofolios consisting of 100 btc, 1500 worth of "assets" they were valuing 2-3k	[20:32]
rg	i gues they were 'shooting arrows at the wooden fence'	[20:32]
mircea_popescu	and these people feel they've lost "at least 3k"	[20:32]
rg	and somehow he managed to get shot in the back of the leg with an arrow	[20:32]
mircea_popescu	instead of the more reasonable ~1k or so.	[20:32]
rg	lol	[20:32]
rg	i dont know if we should call 911	[20:33]
mircea_popescu	yes you should	[20:33]
Bugpowder	Is the arrow still in?	[20:33]
mircea_popescu	if he bleeds alot. there's a femural artery.	[20:33]
rg	no he ripped it out	[20:33]
rg	it was only the tip	[20:33]
Bugpowder	is the blood pulsing	[20:33]
mircea_popescu	ya what he said	[20:33]
Bugpowder	out	[20:33]
rg	no it snot pulsing	[20:33]
Bugpowder	ok	[20:33]
rg	theres just a lot	[20:33]
mircea_popescu	you should prolly call it anyway.	[20:33]
rg	cause instead of putting pressure on it	[20:33]
Bugpowder	apply pressure	[20:33]
rg	he ran in here to show me	[20:33]
rg	how kewl it was	[20:33]
mircea_popescu	lmao	[20:33]
mircea_popescu	on, nm, don't call it.	[20:33]
mircea_popescu	let him DIE	[20:34]
asa1024	lol	[20:34]
rg	lol he did get blood on my door	[20:34]
Bugpowder	apply pressure for 5 minutes see if the bleeding slows	[20:34]
rg	he'll handle it	[20:34]
Bugpowder	if its not pulsing probably OK	[20:34]
rg	i think he might be an EMT	[20:34]
rg	at one point he was	[20:34]
rg	ill go out there in a few mintues to investigate	[20:34]
mircea_popescu	rg comes back with arrow to the knee	[20:34]
rg	lol	[20:34]
rg	mircea lets see some porn	[20:35]
rg	smoov: and take forever to heal	[20:35]
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mircea_popescu	http://polimedia.us/dtng/c/res/14672.html you seen the one with the lesbians ?	[20:35]
rg	seems to be a large occurance of butt lucking	[20:36]
rg	in those photos	[20:37]
mircea_popescu	well what can they do you know ? no cock.	[20:37]
rg	girls have cocks	[20:38]
rg	silly mircea	[20:38]
rg	at least every one ive got with has had one	[20:38]
rg	hmm but 'the tool box' seemed like such a kewl name	[20:40]
assbot	[MPEX] [S.MPOE] 16400 @ 0.00037198 = 6.1005 BTC [-]	[20:40]
mircea_popescu	lol	[20:43]
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assbot	[MPEX] [S.MPOE] 21400 @ 0.00037242 = 7.9698 BTC [+]	[21:06]
assbot	[MPEX] [S.MPOE] 21346 @ 0.00037198 = 7.9403 BTC [-]	[21:06]
matthewh3	just been on the phone with Nafario for a good half hour	[21:06]
Diablo-D3	oh?	[21:06]
matthewh3	he's not trying to steal anyones coins	[21:07]
Diablo-D3	of course a scammer would say that	[21:07]
matthewh3	those coins he's holding are a legal liability	[21:08]
RogueAI	my main issue is that people questioned nefario about legal issues and he always said he wasn't worried	[21:12]
RogueAI	well now he seems to be quite worried	[21:12]
rg	which would seem to suggst th eissues are not legal	[21:14]
rg	for all we know, nefario found out he has to move to china or something	[21:14]
rg	and cant work on glbse anymore	[21:14]
rg	and istead of hiring someon else	[21:14]
rg	the shareholders said fuc kit	[21:14]
RogueAI	or that he needs to kill off glbse if he wants to register a legal entity in the UK	[21:15]
rg	interesting	[21:15]
BTC-Mining	Hey, what's all that talk about nefario taking user's deposits for a lawyer? That's not officially confirmed yet.	[21:15]
RogueAI	besides if it's good enough for Corzine and the rest of Wall Street, it's ok for Nefario ;p	[21:16]
Diablo-D3	yar	[21:21]
rg	BTC-Mining: .. i surely hope that's a rumor	[21:23]
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BTC-Mining	https://bitcointalk.org/index.php?topic=115669.msg1249325#msg1249325	[21:23]
BTC-Mining	At least theymos, contrary to his first post, eventually confessed he was just guessing it and actually didn't know at all if Nefario took any user's fund.	[21:24]
Bugpowder	The coins he is holding are a legal liability if he doesn't return them to me	[21:25]
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BTC-Mining	[14:25] if he doesn't return them to me	[21:27]
BTC-Mining	oh, as in yours or 100% of the coins? =P	[21:27]
Bugpowder	well	[21:27]
Bugpowder	he should return the current deposits	[21:28]
Bugpowder	the pirate liability he can't discharge	[21:28]
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assbot	[MPEX] [S.MPOE] 22400 @ 0.00037377 = 8.3724 BTC [+]	[21:31]
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BTC-Mining	Eh. Well I'm off. Visiting relatives this weekend, better get going.	[21:33]
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rg	dude	[21:43]
rg	why the fuck are people accusing me of copying data from glbse	[21:43]
rg	get a fucking clue	[21:43]
rg	all i said was 'glbse has backups'	[21:43]
rg	and everyone took that to mean that I hav the data	[21:43]
matthewh3	basically the jist of what Nafario said on the phone about the shutdown was say he didn't want to go to jail	[21:44]
rg	yeah wellg et your facts straight	[21:44]
rg	and tell him i didn't snoop through his VM	[21:44]
rg	as i even said on hte forum	[21:44]
rg	i dont have the data	[21:44]
rg	and even if i did	[21:44]
rg	it wouldnt be mine to give	[21:44]
rg	so fuck off	[21:44]
rg	there	[21:47]
rg	i emailed nefario	[21:47]
rg	so this will finally be sorted	[21:47]
rg	;;ident matthewh3	[21:48]
gribble	Nick 'matthewh3', with hostmask 'matthewh3!~matthewh3@host86-173-198-2.range86-173.btcentralplus.com', is not identified.	[21:48]
rg	;;getrating matthewh3	[21:48]
gribble	This user has not yet been rated. WARNING: Currently not authenticated.	[21:48]
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rg	god damn people are fucking stupid	[21:56]
rg	apparently now	[21:56]
rg	i've copied a database that wasnt even hosted at bitvps	[21:56]
rg	!	[21:56]
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assbot	[MPEX] [S.MPOE] 3100 @ 0.00037377 = 1.1587 BTC [+]	[21:57]
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cryptorific	rg: people are pissed, rightfully so, and they're looking for some one to hang	[22:02]
rg	well even if i had the data	[22:02]
rg	it wouldnt change anything	[22:02]
rg	people are just connecting pieces that arent there	[22:02]
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cryptorific	i'm sure thats the case, but when you can't get your hands on the people tht screw you, you'll tend to go after anyone nearby to let out your frustration, doesn't make it right, but it is to be expected	[22:05]
cryptorific	ugh, anyone know whats the time to get verified by mtgox is running these days?	[22:08]
mircea_popescu	a week-ish ?	[22:09]
Anduck	hey	[22:10]
Anduck	why did glbse close+	[22:10]
Anduck	+	[22:10]
Anduck	???	[22:10]
Anduck	legal stuff	[22:10]
Anduck	?	[22:10]
mircea_popescu	Anduck cauise nefario is either stupid, insane or both.	[22:10]
Anduck	mmm	[22:11]
Anduck	welll	[22:11]
Anduck	glbse was f'n rising	[22:11]
Anduck	he just shouldve hired some REAL coder to do the platform	[22:11]
Anduck	and then hire some REAL administrator to keep it on	[22:11]
cryptorific	he should have gotten a real securities license	[22:11]
Anduck	why?	[22:12]
Anduck	it's btc..	[22:12]
Anduck	it's no real companies, right?	[22:12]
mircea_popescu	so everyone : http://polimedia.us/trilema/2012/the-reasons-why-bitcoin-securities-cant-be-regulated-by-the-sec/	[22:12]
Anduck	it's like a fokin habbo hotell	[22:12]
mircea_popescu	feel free to add your comments.	[22:12]
cryptorific	anduck: just because the currency isn't USD doesn't mean its not a security, I'm certain a good prosecutor will get a jury to believe that bitcoin is a currency, its readily converterible to fiat and functions like currency	[22:15]
cryptorific	mircea_popescu: see my comment to anduck	[22:15]
Anduck	umm	[22:15]
Anduck	well	[22:15]
Anduck	why isn't habbo hotel coins currency?	[22:15]
mircea_popescu	cryptorific you are certain on the basis of what ?	[22:15]
Anduck	well you cant trade them back to fiat via their services	[22:15]
Anduck	but u can via p2p	[22:15]
Anduck	person to person it is	[22:16]
jurov	haha good... i was also thinking to explain btc in terms of Massive Multiplayer Online Player Game, should I talk to lawyer sometime	[22:16]
Anduck	mircea_popescu: Autor: Mircea Popescu	[22:16]
Anduck	autor	[22:16]
Anduck	autorr	[22:16]
mircea_popescu	Anduck used to be in romanian that blog, so	[22:16]
mircea_popescu	haven't changed a buncha stuff yet.	[22:16]
Anduck	ok	[22:17]
cryptorific	Anduck: It probably would be considered currency if it came to trial. People forget that because the authoriities allow something doesn't mean they will forever	[22:17]
Anduck	yea	[22:17]
Anduck	it's considered as a currency when bloomberg says it is currency!	[22:17]
cryptorific	Anduck: if bloomberg considers it a currency then its made it big time	[22:18]
mircea_popescu	cryptorific "probably". dude. are you a lawyer ?	[22:18]
Anduck	exactly, cryptorific. there's no turning back from that point	[22:19]
cryptorific	mircea_popescu: i'm in law school in the US. I say probably because a judge will leave up to the jury the decision of whether bitcoins are a currency. A judge wouldn't make that kind of determination here because its a matter of fact not a legal matter	[22:19]
mircea_popescu	well you're not going to a very good school then.	[22:19]
mircea_popescu	matters of substantive law are never left to the jury.	[22:19]
mircea_popescu	also, civil matters (which this would likely be) aren't usually jury-tried.	[22:20]
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assbot	[MPEX] [S.MPOE] 9587 @ 0.00037545 = 3.5994 BTC [+]	[22:22]
assbot	[MPEX] [S.MPOE] 23713 @ 0.00037546 = 8.9033 BTC [+]	[22:22]
cryptorific	mircea_popescu: operating and issusing unlicensed securities is a criminal matter	[22:23]
cryptorific	not civil	[22:23]
mircea_popescu	we were discussing whether bitcoin is money.	[22:24]
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cryptorific	look at U.S. v. 3809 Crain Ltd. Partnership, it provides a nice definition of what money or money's worth is	[22:28]
rg	[15:23] mircea_popescu: operating and issusing unlicensed securities is a criminal matter	[22:29]
rg	not only is that true..	[22:29]
rg	the SEC has a snitch-line setup	[22:29]
rg	where you can narc out companies/individuals right from your computer chair	[22:29]
BTCHero	snitches get... leniancy	[22:29]
cryptorific	ya, maybe nefario saw the doors closing in on him, and turned himself in before he got a swat team at his door at 5am sunday morning	[22:30]
mircea_popescu	Any other consideration not reducible to a money value is not consideration in money or money's worth.	[22:31]
mircea_popescu	seems pretty clear cut.	[22:31]
cryptorific	bitcoin is reducible to money, as long as there is one guy will to give you fiat or gold, or whatever its reducible to money	[22:34]
cryptorific	thats what a prosecutor will say	[22:34]
cryptorific	and do i think a jury will buy that, yea i do, its not a matter of law its a matter of what a jury will say	[22:35]
cryptorific	or think*	[22:35]
cryptorific	mircea_popescu: i'm not saying glbse or mpex should be shut down, i just think from a legal perspective that they have a serious legal liability, mpex less so because its based out of a less friendly jurisidiction but if i were you I'd be getting any politician i can to here my case for official sanction	[22:39]
mircea_popescu	cryptorific it's not really a matter of jurisdiction tbh.	[22:40]
mircea_popescu	(fully willing to file amicus briefs in any us consideration of bitcoin for these purposes)	[22:40]
cryptorific	it is when it comes to getting sent to jail, id imagine extradition is alot harder from romania than the UK, but you're right from the sense of legal liability, it doesn't matter	[22:41]
mircea_popescu	i think people are well jumping the gun with all the criminal and extradition talk.	[22:42]
cryptorific	perhaps, im just talking hypotheticals	[22:42]
mircea_popescu	well sure.	[22:45]
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matthewh3	well Nafario did say he closed the exchange to stay out of jail and that the GLBSE is never coming back. He also did talk about a exchange for fully regulated companies that pay all taxes	[23:08]
Diablo-D3	matthewh3: in other words he lied about the legality of it and stole thousands of bitcoins	[23:09]
Diablo-D3	fuck him	[23:09]
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cryptorific	Diablo-D3: did nefario ever say it was legal? i was never under the impression that it was licensed	[23:11]
Diablo-D3	cryptorific: he claimed it was	[23:12]
matthewh3	there will be a new licensed exchange for companies that pay all taxes and follow all legal regulations	[23:12]
Diablo-D3	I asked him before I started DMC	[23:12]
Azelphur	I miss nefario, all this drama is keeping him off IRC XD	[23:12]
cryptorific	yea, then he shouldn't have lied	[23:14]
Diablo-D3	matthewh3: and you've been scammer tagged on the forums anyhow	[23:14]
Azelphur	seems like he's trying to bring GLBSE up to legal regs	[23:15]
Azelphur	which sits fine with me	[23:15]
Diablo-D3	someone else can liquidate DMC, Im sure as hell not going to be	[23:15]
Azelphur	also is that the matthew that made the bet and then ran?	[23:16]
pigeons	no this is matthewh3 from "red star mining"	[23:16]
Azelphur	ah :p	[23:16]
Diablo-D3	theres more than one matthew?	[23:16]
Azelphur	matthews, matthews everywhere.	[23:16]
Diablo-D3	matthewh3: and quit noticing me.	[23:17]
mircea_popescu	Diablo-D3 is scammer tagged nao ?!	[23:17]
mircea_popescu	ya what pigeons said.	[23:17]
pigeons	time to just abandon the whole forum scammer tag deal	[23:17]
Diablo-D3	matthewh3: I didnt "lose" investor money, nefario participated in scams and promoted them for DMC investment.	[23:17]
Diablo-D3	so I hope the UK government fries his ass	[23:17]
mircea_popescu	time to just abandon the whole forum scammer tag deal << ya give theymos one and be done with it	[23:18]
Azelphur	xD	[23:18]
Azelphur	they need to make a bitcoin movie man	[23:18]
Azelphur	so much drama, people would watch that shit	[23:18]
mircea_popescu	Azelphur totally.	[23:18]
mircea_popescu	a sitcom	[23:19]
Azelphur	with weekly episodes	[23:19]
Azelphur	and the main character could be strange onlooker	[23:19]
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Azelphur	mircea_popescu: also, I'm poor now	[23:20]
mircea_popescu	Azelphur aww!	[23:20]
Azelphur	I had my money split between pirate and glbse...so yea	[23:20]
*	Azelphur hangs head in sadness	[23:20]
rdponticelli	Azelphur: we already have material for a whole saga of bitcoin movies	[23:20]
Azelphur	hopefully I'll see some of it again :P	[23:20]
Azelphur	rdponticelli: indeed	[23:20]
Azelphur	Smoovious: yea, I had stuff in bitcoinmax too	[23:21]
cryptorific	azelphur: too bad you didnt visit satoshidice, better odds in honest gambling	[23:21]
Azelphur	I do have some S.DICE shares	[23:21]
Azelphur	on MPEX	[23:21]
Azelphur	o/	[23:21]
Azelphur	inb4 mircea shuts down mpex and requests personal info for withdrawals	[23:21]
cryptorific	lol, i had some pass through on glbse, but i sold them right before the last dividend payment because they shot up to .0038 for some silly reason	[23:22]
Azelphur	also regarding this ID thing, what info does nef actually want?	[23:22]
Azelphur	is it passport and/or drivers license?	[23:22]
Azelphur	apparently he wants MtGox-style AML documents, whatever they are	[23:23]
pigeons	we don't know. theymos implied heavy docs, nefario implied lite docs	[23:24]
Diablo-D3	its probably not docs at all	[23:24]
mircea_popescu	it's unclear to both ofthem what they're actually doing.	[23:24]
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Azelphur	hopefully it's not passport and/or drivers license, as I don't actually have those xD	[23:24]
Diablo-D3	you must be a legally registered company in the US or EU	[23:24]
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Azelphur	I feel like the only person to exist that hasn't been abroad, and doesn't drive	[23:25]
Azelphur	xD	[23:25]
mircea_popescu	i don;'t drive.	[23:25]
*	Azelphur high fives	[23:26]
mircea_popescu	Bet Counter 1,441,441	[23:27]
mircea_popescu	ahahah	[23:27]
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mircea_popescu	Stolen Bitcoins never die, although they may be in suspended animation,	[23:29]
mircea_popescu	they do always in fact eagerly await the command of their new masters.	[23:29]
mircea_popescu	"That is not dead which can eternal lie — and with strange aeons even death may die."	[23:29]
mircea_popescu	ahaha sweet.	[23:29]
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*	DeLorean719 has quit (Changing host)	[23:30]
*	DeLorean719 (DeLorean71@unaffiliated/delorean719) has joined #bitcoin-assets	[23:30]
*	arsy has quit (Ping timeout: 260 seconds)	[23:33]
mircea_popescu	awww what happened to assbot kakobrekla ?	[23:41]
kakobrekla	uh ?	[23:41]
kakobrekla	hm	[23:41]
kakobrekla	ill check	[23:41]
rdponticelli	Oh, god, the SEC got assbot!	[23:41]
rdponticelli	We're all done!	[23:41]
kakobrekla	freenode server died	[23:42]
kakobrekla	i a specifc one hardcoded	[23:42]
mircea_popescu	a ok	[23:43]
*	drekk has quit (Quit: tl;dr)	[23:44]
mircea_popescu	rdponticelli lolz	[23:44]
rdponticelli	xD	[23:44]
mircea_popescu	didja read my sec position btw ?	[23:45]
rdponticelli	I read so many things...	[23:45]
rdponticelli	I already forgot everything....	[23:45]
mircea_popescu	http://polimedia.us/trilema/2012/the-reasons-why-bitcoin-securities-cant-be-regulated-by-the-sec/	[23:45]
mircea_popescu	^^	[23:45]
*	assbot (~assbot@78.46.215.65) has joined #bitcoin-assets	[23:47]
*	ChanServ gives channel operator status to assbot	[23:47]
kakobrekla	lol	[23:47]
kakobrekla	oh well.	[23:48]
*	OneEyed has quit (Quit: WeeChat 0.3.9)	[23:51]
bitfoo	mircea_popescu, thanks, that was a good read	[23:51]
mircea_popescu	yw.	[23:51]
bitfoo	I like the idea of a distributed, cryptographically secure MMORPG :)	[23:52]
mircea_popescu	:)	[23:53]
*	bitfoo goes back to lurk mode	[23:53]
mircea_popescu	leave a comment there wouldja	[23:53]
mircea_popescu	gotta get that 1st one	[23:53]
bitfoo	done	[23:54]
bitfoo	not that I had anything worthwhile to say	[23:54]
bitfoo	but since you wanted it...	[23:54]
mircea_popescu	hehe. enjoy lurk!	[23:56]
*	bitbybit (530477a1@gateway/web/freenode/ip.83.4.119.161) has joined #bitcoin-assets	[23:57]

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