Forum logs for 08 Jul 2013

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
* Now talking on #bitcoin-assets [05:27]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading, I heard. [05:27]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Tue May 14 16:38:49 2013 [05:27]
thestringpuller you came to the wrong channel mircea_popescu *shakes fists* [05:29]
assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.042 BTC [+] [05:29]
mircea_popescu hallo [05:30]
assbot [BTCTC] [TAT.ASICMINER] 7 @ 0.042 = 0.294 BTC [+] [05:30]
mircea_popescu wait, wut ?! [05:30]
assbot [HAVELOCK] [ASICM] 280 @ 0.040108 = 11.2302 BTC [-] [05:32]
assbot [HAVELOCK] [ASICM] 100 @ 0.04010706 = 4.0107 BTC [-] [05:32]
assbot [HAVELOCK] [ASICM] 682 @ 0.04010605 = 27.3523 BTC [-] [05:32]
ThickAsThieves ;;ticker [05:32]
gribble MtGox BTCUSD ticker | Best bid: 77.89500, Best ask: 77.99900, Bid-ask spread: 0.10400, Last trade: 78.00000, 24 hour volume: 42274.79996801, 24 hour low: 66.60001, 24 hour high: 78.68600, 24 hour vwap: 72.50183 [05:32]
ThickAsThieves heyo [05:32]
assbot [HAVELOCK] [VTX] 1 @ 0.9499978 BTC [+] [05:33]
assbot [HAVELOCK] [VTX] 2 @ 0.9499988 = 1.9 BTC [+] [05:33]
assbot [HAVELOCK] [VTX] 19 @ 0.95 = 18.05 BTC [+] [05:33]
assbot [HAVELOCK] [VTX] 23 @ 0.95 = 21.85 BTC [+] [05:33]
assbot [HAVELOCK] [HIM] 1 @ 0.31002215 BTC [-] [05:34]
assbot [BTCTC] [TAT.ASICMINER] 5 @ 0.0415 = 0.2075 BTC [-] [05:35]
assbot [HAVELOCK] [HIM] 1 @ 0.31002215 BTC [-] [05:35]
assbot [BTCTC] [BTC-BOND] 10 @ 0.009905 = 0.0991 BTC [-] [05:36]
* publio (~publio@c-71-205-206-190.hsd1.mi.comcast.net) has joined #bitcoin-assets [05:36]
assbot [BTCTC] [S.DICE-PT] 50 @ 0.0022 = 0.11 BTC [-] [05:37]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.18897 BTC [+] [05:37]
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assbot [BTCTC] [TAT.ASICMINER] 140 @ 0.042 = 5.88 BTC [+] [05:39]
assbot [BTCTC] [DMS.MINING] 20 @ 0.018399 = 0.368 BTC [+] [05:41]
assbot [BTCTC] [DMS.MINING] 16 @ 0.0184 = 0.2944 BTC [+] [05:41]
assbot [BTCTC] [DMS.MINING] 3 @ 0.018499 = 0.0555 BTC [+] [05:41]
assbot [BTCTC] [TAT.VIRTUALMINE] 39 @ 0.004699 = 0.1833 BTC [+] [05:42]
assbot [BTCTC] [TAT.VIRTUALMINE] 76 @ 0.0047 = 0.3572 BTC [+] [05:42]
assbot [BTCTC] [TAT.VIRTUALMINE] 280 @ 0.00477 = 1.3356 BTC [+] [05:42]
assbot [BTCTC] [TAT.VIRTUALMINE] 33 @ 0.0049 = 0.1617 BTC [+] [05:42]
assbot [BTCTC] [DMS.PURCHASE] 87 @ 0.048994 = 4.2625 BTC [-] [05:58]
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assbot [BTCTC] [TAT.ASICMINER] 31 @ 0.042 = 1.302 BTC [+] [06:02]
assbot [BTCTC] [S.DICE-PT] 100 @ 0.002299 = 0.2299 BTC [+] [06:04]
* malaimo (~malaimo@unaffiliated/malaimo) has joined #bitcoin-assets [06:04]
assbot [BTCTC] [S.DICE-PT] 202 @ 0.0023 = 0.4646 BTC [+] [06:07]
assbot [BTCTC] [TAT.VIRTUALMINE] 100 @ 0.004455 = 0.4455 BTC [-] [06:07]
assbot [BTCTC] [TAT.VIRTUALMINE] 200 @ 0.004454 = 0.8908 BTC [-] [06:07]
assbot [BTCTC] [PAJKA.BOND] 3 @ 0.04975 = 0.1493 BTC [+] [06:11]
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benkay_ ;;ticker [06:15]
gribble MtGox BTCUSD ticker | Best bid: 78.00501, Best ask: 78.49555, Bid-ask spread: 0.49054, Last trade: 78.49555, 24 hour volume: 44182.75657201, 24 hour low: 66.62000, 24 hour high: 78.83000, 24 hour vwap: 72.98185 [06:15]
* Vbs has quit (Quit: Leaving) [06:15]
* Now talking on #bitcoin-assets [15:23]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading, I heard. [15:23]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Tue May 14 16:38:49 2013 [15:23]
CheckDavid lol [15:23]
CheckDavid D [15:23]
CheckDavid xD [15:24]
matthew_boyd He was referring to where a lot of trolling happens [15:24]
matthew_boyd o/ mircea_popescu! [15:24]
CheckDavid jurov, i was confused about this https://btct.co/security/TAT.VIRTUALMINE [15:24]
mircea_popescu heya [15:24]
jurov yes. and mpoe-pr is explaining it there in all seriousness [15:24]
mircea_popescu what we talkin' about ? [15:24]
CheckDavid That's apparently a bond that doens't pay principal? [15:24]
* leotreasure (~leotreasu@115.187.234.26) has joined #bitcoin-assets [15:24]
jurov about mpoe. virtualmine has nothing to do with mpoe [15:24]
mircea_popescu afaik tat.vm is an attempt by ThickAsThieves to implement the old brendio idea, [15:25]
mircea_popescu wherein you could make symmetrical assets which allow you to play the mining futures market [15:26]
mircea_popescu deprived has a variant too [15:26]
mircea_popescu somehow people have come to believe homebrew is a better solution than the actual solution for some reason. [15:26]
assbot [HAVELOCK] [ASICM] 1 @ 0.042348 BTC [+] [15:28]
assbot [HAVELOCK] [ASICM] 1 @ 0.042349 BTC [+] [15:28]
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Namworld And this is a bond that does: https://btct.co/security/BTC-BOND [15:31]
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CheckDavid does what? [15:36]
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Namworld that pays the principal back [15:37]
CheckDavid I thought it was standard on bonds [15:38]
Namworld Yeah, but there's what people call "hashing bonds" [15:38]
Namworld Which pays X mhash/s [15:38]
Namworld where getting principal back is not guaranteed. [15:38]
Namworld It all depends on mining difficulty. [15:39]
CheckDavid Why not stocks instead? [15:39]
Namworld Usually, you never get the principal back. [15:39]
Namworld Well, no clue [15:39]
CheckDavid Would stocks be fit for the same purpose? [15:39]
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CheckDavid after all, what they pay is more similar to dividends than interest, no? [15:40]
Namworld There's plenty of mining stocks. [15:40]
Namworld Usually the dividends go up and down according to the mining operation's total hashing. [15:40]
Namworld Also it usually comes with rights to the equipment [15:40]
CheckDavid don't they go up and down on hashing bonds as well? [15:41]
Namworld While a hashing bond is just that, a fixed X mhash/s payment at fixed intervals [15:41]
Namworld No, doesn't go up and down. [15:41]
CheckDavid what is a mhash/s payment? [15:41]
CheckDavid is that processing power? [15:41]
mjr_ its a synthetic processing power [15:41]
Namworld It's a hashing speed. The bond basically pays the expected proceeds of X mhash/s of mining over the payment period. [15:42]
Namworld For example [15:43]
Namworld Currently 1 mhash/s is estimated to get 0.000165 BTC weekly at current difficulty. [15:43]
Namworld This is what it would pay. [15:43]
mjr_ I really like your bond Namworld [15:43]
Namworld If difficulty changes, so does the payment. But it's always fixed at 1 mhash/s [15:44]
mjr_ daily pay out [15:44]
mjr_ fixed rate [15:44]
Namworld It's not very high interest tho [15:44]
mjr_ 11% a year is fine i think [15:44]
Namworld and redeem on demand of course [15:44]
mjr_ exactly [15:44]
mjr_ AND you have collateral i believe [15:44]
mjr_ back in the day i think it was 2X [15:45]
mjr_ but not sure, its been a while [15:45]
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Namworld Yes, it was. [15:45]
mjr_ its also nice though, since you have redeem on demand, you don't really have to, as you can just sell and everyone knows what its worth [15:45]
mjr_ I have a new theory by the way, on what has been going on with prices [15:45]
mjr_ which does not lay the blame at the feet of asics [15:46]
Namworld Dividend was 0.5% weekly instead too. 26.07% per year. [15:46]
Namworld and collateral [15:46]
assbot [BTCTC] [DMS.PURCHASE] 10 @ 0.048994 = 0.4899 BTC [-] [15:46]
mjr_ can anyone explain to me how people thought asics lowered the price of btc? [15:46]
Namworld Those have gone out the window tho. It's 0.03% per day (0.21% per week) [15:47]
Namworld now [15:47]
mjr_ yeah, i had it when it was .03% a day [15:47]
Namworld and I think the collateral requirement is gone [15:47]
assbot [BTCTC] [DMS.MINING] 31 @ 0.01925 = 0.5968 BTC [-] [15:47]
pankkake because they are stupid. and they like to blame something, usually people who have what they don't have [15:47]
Namworld But I have 4x the debt in collateral/funds/stocks/etc [15:47]
mjr_ i mean, do they attempt to use logic at all? [15:47]
assbot [BTCTC] [DMS.MINING] 4 @ 0.0195 = 0.078 BTC [+] [15:48]
Namworld Anyway [15:48]
mjr_ Namworld: do you hold s.dice? curious [15:48]
assbot [BTCTC] [DMS.PURCHASE] 21 @ 0.048994 = 1.0289 BTC [-] [15:48]
Namworld I do hold some. But I manage the S.DICE passthrough =/ [15:48]
mjr_ anyway, my theory is that bitpay, coinbase, and other payment processors are the ones lowering the price [15:48]
CheckDavid thanks Namworld [15:48]
Namworld and other MPEx passthrough [15:48]
* asswatch (~asswatch@c-76-102-197-149.hsd1.ca.comcast.net) has joined #bitcoin-assets [15:48]
mjr_ not in a sinister way [15:49]
mjr_ they are just sellers who always do market sells [15:49]
assbot [BTCTC] [DMS.MINING] 2 @ 0.0195 = 0.039 BTC [+] [15:49]
assbot [BTCTC] [BTC-BOND] 2 @ 0.009911 = 0.0198 BTC [-] [15:49]
assbot [BTCTC] [BTC-BOND] 102 @ 0.00991 = 1.0108 BTC [-] [15:49]
mjr_ so the more people start "accepting" bitcoin [15:49]
assbot [BTCTC] [BTC-BOND] 170 @ 0.009905 = 1.6839 BTC [-] [15:49]
assbot [BTCTC] [BTC-BOND] 226 @ 0.009902 = 2.2379 BTC [-] [15:49]
mjr_ the stronger the downward pressure [15:49]
Namworld Hey hey hey... I pay 0.01 each on those bonds [15:49]
Namworld Stop market selling =/ [15:50]
pankkake yes, I think that bitpay's way of selling all the time is pushing the price down [15:50]
mjr_ yep [15:50]
mjr_ they should take their role, as a central flow of bitcoin and use it to stabilize [15:50]
mjr_ i mean, it would be in their interest to do so [15:50]
mjr_ they could market mke [15:50]
mjr_ very easily [15:50]
mjr_ instead of just dumping [15:51]
mjr_ that would partially lend itself to a hedging strategy, which would require either futures or options... [15:51]
pankkake keep in mind bitcoin has like 8% inflation now - there is no reason to expect the price to rise all the time [15:51]
mjr_ of course [15:51]
mjr_ but i think as buyers leave exchanges [15:51]
mjr_ at least retail (omg, what is this bitcoin stuff, i wanna buy) [15:51]
mjr_ and the exchanges are dominated by large dumpers [15:52]
mjr_ of course price drops [15:52]
Namworld To whoever is selling BTC-BOND under 0.01... just mail me to redeem [15:55]
mjr_ which is why large institutions should be using futures [15:55]
Namworld Will be processed immediately [15:55]
ThickAsThieves part of the ASIC kills the price theory goes like this [15:58]
ThickAsThieves the BTC used to buy ASICs is not coming from new fiat, [15:58]
Namworld I know the concept of getting paid when requesting someone's debt to you to be paid might sound... foreign to Bitcoiners. But just request and see. [15:58]
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ThickAsThieves much BTC is spent buying from ASIC company [15:58]
mjr_ lol [15:58]
ThickAsThieves ASIC company unloads BTC to buy new ASICs and new tech [15:58]
ThickAsThieves and to expand [15:58]
ThickAsThieves people buy stock in ASICMINER, [15:59]
mjr_ yeah, you could say that they are a dumper as well [15:59]
ThickAsThieves and now ASICMINER holds a large chunk of stored value [15:59]
ThickAsThieves but weekly [15:59]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.0437 = 0.0874 BTC [+] [15:59]
ThickAsThieves large AM holders, [15:59]
assbot [BTCTC] [TAT.ASICMINER] 14 @ 0.0439 = 0.6146 BTC [+] [15:59]
assbot [BTCTC] [TAT.ASICMINER] 19 @ 0.0439 = 0.8341 BTC [+] [15:59]
mjr_ the way i try to look at it, is "is this company a net buyer or a net seller? if so, do they hold coins, or get rid of them immediately" [15:59]
ThickAsThieves cash out some as a salary [15:59]
ThickAsThieves i think it all boilds down to [15:59]
ThickAsThieves less fiat coming in than going out [15:59]
mjr_ true...you can look it at it that way [16:00]
mjr_ but for example [16:00]
ThickAsThieves hence why i always say to everyone that the best thing for bitcoin, on every level, [16:00]
ThickAsThieves is new blod [16:00]
ThickAsThieves blood* [16:00]
mjr_ silk road (pretend they are taking the money) is a net buyer of bitcoins [16:00]
mjr_ ie. they keep getting more and more bitcoins [16:00]
ThickAsThieves the joke being that what good is a ponzi without new bagholders? [16:00]
mjr_ cuz they drive demand [16:00]
Namworld TaT, I thought the ASIC kills price theory went like this: 1. ASICs! 2. TONS more hashing! 3. TONS more Bitcoins produced! 4. TONS of price dropdown! 5. I was smart to buy at 250. It's all those mean ASIC companies which dropped the price. [16:00]
mjr_ coinbase is probably a buyer as well [16:01]
mjr_ they need coins [16:01]
mjr_ lol [16:01]
ThickAsThieves Namworld, that's the idiot's version, yes [16:01]
mjr_ i always wonder why they think more coins will be produced [16:01]
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mjr_ TBH there is a slightly increased inflationary effect [16:01]
mjr_ in that it takes slightly less than 10 minutes [16:01]
Namworld Because they don't understand Bitcoin. Cause Bitcoin works in misterious ways. [16:02]
mjr_ [16:02]
ThickAsThieves but, yes, the money moving off exchanges is a decent theory, [16:03]
ThickAsThieves but i'm skeptical [16:03]
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ThickAsThieves i think it's that bitcoin is a fiat-dependent economy [16:03]
ThickAsThieves and if the amount coming in, is less than the amount going out, only speculators can keep the price up [16:04]
mjr_ true [16:04]
mjr_ it is fiat dependant now [16:04]
mjr_ hopefully that is short term [16:04]
mjr_ but no one uses it as a unit of account [16:04]
ThickAsThieves it's not short-term [16:04]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.4 BTC [+] [16:05]
ThickAsThieves imo [16:05]
mjr_ well... [16:05]
mjr_ it depends [16:05]
mircea_popescu ThickAsThieves you misrepresent thiongs tho. [16:05]
mjr_ if you could get a complete business cycle to work in bitcoin [16:05]
mircea_popescu the FIAT PRICE of bitcoin is dependent on the flow of fiat. [16:05]
mjr_ not trivial by any means [16:05]
ThickAsThieves indeed [16:05]
mircea_popescu this has little to do with bitcoin, is just how fiat reflects itself in it. [16:05]
mjr_ well, my point is that as much as people tout the "acceptance" of bitcoin [16:06]
mjr_ they are still denominating in US dollars [16:06]
mjr_ so my purchasing power is dependant on that fiat reflection [16:06]
ThickAsThieves not only do you need a totalyy btc business cycle, you need layers of it, and it probably boils down to some root fundamental i'm missingh [16:06]
mjr_ with the exception of mircea_popescu [16:06]
mjr_ who has fixed his prices in btc terms [16:06]
ThickAsThieves even mp must bow to fiat [16:06]
mjr_ not really... [16:06]
mjr_ he has not changed registration cost except upwards and that was not related to fiat to btc rate [16:07]
ThickAsThieves oh i meant as an individual [16:07]
mjr_ ah perhaps true [16:07]
mjr_ i meant it is cool that someone is being a base [16:07]
Namworld Of course. He's depending on BTC -> fiat for food. [16:08]
mjr_ i mean, if a bar COULD say, one jameson rocks is .05 bitcoin, now and tomorrow and next week [16:08]
mjr_ and for the foreseable future [16:08]
ThickAsThieves they would need their vendors to do the same [16:08]
mjr_ yes [16:08]
ThickAsThieves and their vendors' vendors [16:08]
mjr_ hence my point about getting a complete business cycle to operate in btc [16:08]
ThickAsThieves and the tax man [16:08]
mjr_ which is not trivial but def possible [16:08]
mjr_ fuck the tax man lol [16:08]
mjr_ you know who could do it possibly? [16:09]
ThickAsThieves maybe that's the root fundamental factor [16:09]
ThickAsThieves the tax man [16:09]
mjr_ perhaps [16:09]
mjr_ the person who could do this best is a farmer i think [16:09]
mjr_ not a corporate farmer [16:09]
mjr_ but a small "farmers market" farmer [16:10]
mjr_ who could possibly buy seeds and fertilizer etc in bitcoin [16:10]
mjr_ and sell his crop for bitcoin [16:10]
ThickAsThieves the issue remains though [16:10]
mjr_ pay taxes? [16:10]
ThickAsThieves no that and, [16:10]
ThickAsThieves that btc WILL end up as fiat [16:10]
ThickAsThieves somewhere in the chain [16:11]
ThickAsThieves fertilzer's vendor [16:11]
ThickAsThieves electricty company, etc [16:11]
emptyeddepended this is somehow inevitable without a closed loop [16:11]
ThickAsThieves right [16:11]
ThickAsThieves you either need layers and layers to float an economay above the leaks [16:12]
ThickAsThieves or a closed loop [16:12]
Namworld The tax man should focus on property taxes for the public infrastructure servicing said properties. And luxury tax on various goods. Goods are already taxed differently based on what purpose they serve. [16:12]
ThickAsThieves it needs to be more convenient to use your btc as btc than fiat [16:12]
ThickAsThieves and you need more reason to turn fiat into btc [16:12]
mjr_ yes [16:13]
ThickAsThieves maybe there should be a btc-alliance, businesses that refuse to accept fiat [16:13]
emptyeddepended look at AM. that's the closest thing we have right now, i'd say.. and i was happy to realize that. buy btc, trade stocks in btc, a whole company born through btc and they even sell btc related products for btc -- but if you substract mining (and financial instruments), there is nothing even close to that [16:14]
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ThickAsThieves gambling [16:15]
ThickAsThieves is closer [16:15]
emptyeddepended + [16:15]
emptyeddepended forgot that one [16:15]
ThickAsThieves gaming could be [16:15]
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ThickAsThieves any service company that pays employees in btc is a start [16:15]
ThickAsThieves however a refusal to take fiat is also a refusal to convert fiat into btc if you are paying out more btc than fiat as a company [16:16]
ThickAsThieves hmm [16:16]
ThickAsThieves we need a btc-based government [16:16]
emptyeddepended that's a huge step. i see another beneficial aspect of bitcoin, but yet there aren't enough merchants. i live in europe and a wire transfer to china to purchase goods is very delayed and expensive. bitcoin could do that in ease.. [16:16]
emptyeddepended xD [16:16]
emptyeddepended a international business network would be nice [16:17]
emptyeddepended i know there is bitmit [16:17]
assbot [BTCTC] [DMS.SELLING] 1 @ 0.030309 BTC [+] [16:17]
assbot [BTCTC] [DMS.SELLING] 30 @ 0.030307 = 0.9092 BTC [-] [16:17]
assbot [BTCTC] [DMS.SELLING] 20 @ 0.030305 = 0.6061 BTC [-] [16:17]
assbot [BTCTC] [DMS.SELLING] 190 @ 0.030303 = 5.7576 BTC [-] [16:17]
assbot [BTCTC] [DMS.PURCHASE] 153 @ 0.048994 = 7.4961 BTC [-] [16:18]
mircea_popescu ThickAsThieves there is totally btc business cycles. dice corp takes in profits, distributes to shareholders. [16:18]
mircea_popescu miners, same thing. [16:18]
mircea_popescu it's there. [16:18]
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mircea_popescu i get that everyone has this personal "o, itams" approach to finance, [16:19]
* matthew_boyd is now known as matthew_bold [16:19]
matthew_bold emptyeddepended: <- Just for you ;) [16:19]
mircea_popescu but if you divide the total money supply to the total goods supply you'll get 85`000 dollar apples. [16:19]
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mircea_popescu most of the economy is NOT goods, and most business cycles are not tangible in that snese. [16:19]
ThickAsThieves do you disagree that fiat leakage lends to depressing the fiat value of btc? [16:20]
mircea_popescu maybe there should be a btc-alliance, businesses that refuse to accept fiat << yeah. there is. everything i do. [16:20]
mircea_popescu i disagree that the cost of bitcoin in dollars is relevant for anything but bernanke. [16:21]
mircea_popescu it's his problem, let him solve it. [16:21]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.18897 = 1.8897 BTC [+] [16:21]
ThickAsThieves hehe [16:21]
ThickAsThieves it may not be relevant to you, but it is relevant to most others [16:22]
mircea_popescu "most others" is not an argument. [16:22]
mircea_popescu to "most others" whether squirrels are happy is "relevant" [16:23]
ThickAsThieves calling something irrelevant to yourself does not make it irrelevant [16:23]
mircea_popescu this is however vastly irrelevant. squirrels are squirrels and people only matter inasmuch as they manage to treat that which matters rather than that which they "feel" is "relevant" [16:23]
mircea_popescu im not calling it irrelevant to myself. [16:23]
mircea_popescu i'm calling it irrelevant period. [16:23]
mircea_popescu only way to make it appear relevant is through a leap of faith, aka willing suspension of thought. [16:24]
ThickAsThieves but these are people trying to become squirrels [16:24]
ThickAsThieves how to live a life of nuts? [16:24]
mircea_popescu good for em. lol [16:24]
Namworld furries? [16:24]
mircea_popescu "nuts fall, everone dies" is there for a reason. [16:24]
ThickAsThieves i still can't make the jump to fiat value being irrelevant [16:25]
mircea_popescu there is no such thing as "fiat value" [16:25]
ThickAsThieves if i want to live the btc life [16:25]
mircea_popescu any more than "circle squaredness" [16:25]
mircea_popescu the only way the terms make sense is if you're talking about fiat's value (in Bitcoin) [16:26]
ThickAsThieves how does the exchange rate not matter? [16:26]
mircea_popescu and mixed up the possesive. [16:26]
mircea_popescu it does, the other way around. [16:26]
assbot [BTCTC] [TAT.VIRTUALMINE] 2 @ 0.004799 = 0.0096 BTC [-] [16:26]
ThickAsThieves so my concern is for the dollar's value [16:26]
ThickAsThieves fine, [16:26]
mircea_popescu why are you not in #dollar-assets then ?! [16:26]
ThickAsThieves but if i turn all my dollars into btc [16:26]
ThickAsThieves then what [16:26]
ThickAsThieves exchange rate still affects my wealth [16:26]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.427 BTC [+] [16:27]
assbot [BTCTC] [TAT.VIRTUALMINE] 23 @ 0.004619 = 0.1062 BTC [-] [16:27]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.004618 BTC [-] [16:27]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.00461 BTC [-] [16:27]
mircea_popescu if you turn all your dollars into btc ostensibly political process and government behaviour no longer affects your wealth. [16:27]
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ThickAsThieves but when i must pay my bills and buy things not available in btc, I then look to the exchange rate [16:28]
assbot [BTCTC] [TAT.ASICMINER] 50 @ 0.043011 = 2.1506 BTC [-] [16:28]
CheckDavid it doesnt? So he has to sell his house as well [16:28]
ThickAsThieves you are saying my complaint is, damn the dollar is worth too much today [16:28]
mircea_popescu ThickAsThieves what if you turned all your dollars into land ? [16:28]
mircea_popescu would you then not need to pay bills ? [16:28]
mircea_popescu generally people keep a little pocket change. [16:28]
mircea_popescu i understand that the life of most consists of a daily struggle to produce "A little pocket change". [16:28]
mircea_popescu but they make a poor standard, as they're not wealthy or socially needed. [16:29]
ThickAsThieves so btc is for the wealthy? [16:29]
mircea_popescu you know i said it in 2011 [16:29]
mircea_popescu and everyone ignored it because welll... they didn't like to hear it. [16:29]
mircea_popescu just like i showed the SDRs as the exact equivalent, and people ignored it because well... they never had one so it don't exist. [16:30]
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assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.0439 = 0.0878 BTC [+] [16:30]
ThickAsThieves looking up SDRs.... of course [16:30]
mircea_popescu makes you part of the 1%, that. [16:30]
emptyeddepended http://www.cryptocoinsnews.com/2013/07/08/iceland-wants-to-adopt-bitcoin-instead-of-their-own-currency-icelandic-krona-isk/ [16:31]
ThickAsThieves wiki says "Private parties do not hold or use them." [16:32]
emptyeddepended headline is to exaggerated though [16:32]
mircea_popescu i have my doubts about random muckracking emptyeddepended [16:32]
mircea_popescu ThickAsThieves yes. [16:32]
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pankkake slightly exagerated. [16:32]
pankkake what about somalia? ;) [16:32]
ThickAsThieves nearly 500b in SDR now [16:33]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.429 BTC [+] [16:33]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.44 BTC [+] [16:33]
mircea_popescu sdrs are for participating states. bitcoin is for participating people. not an exact equivalent, but it does explain well how something can have value and not be exchangeable for groceries [16:33]
mircea_popescu for the benefit of people whose income could at most be upset by finding 20 bucks on the sidewalk, [16:33]
mircea_popescu and if that'd happen they'd immediately buy groceries. [16:34]
ThickAsThieves so you don't see bitcoin as a the populous currency of the future? [16:34]
mircea_popescu no. and i even said so! [16:34]
ThickAsThieves but an eventual instrument for the wealthy? [16:34]
ThickAsThieves i believe yoU! [16:34]
ThickAsThieves hehe [16:35]
ThickAsThieves but it's quite interesting to me that no one else does [16:35]
ThickAsThieves subscribe to that vision that is [16:35]
mircea_popescu "no one else" ? [16:35]
ThickAsThieves well [16:35]
mircea_popescu it seems to me you're the only one who doesn't read trilema [16:35]
ThickAsThieves most [16:35]
ThickAsThieves i read everything posted anew [16:36]
mircea_popescu consider that most in light of the effects of me saying "stop buying" [16:36]
ThickAsThieves and linked to me [16:36]
ThickAsThieves i have not gone backward [16:36]
mircea_popescu sure, most "people". bitcoin isn't about headcount. [16:36]
mircea_popescu well may be an idea to read back becauyse there's some great stuff in 2012. i'd love to find you the exact one but i gotta jet right now [16:36]
ThickAsThieves np [16:37]
mircea_popescu however, it's well discussed there , this future of payments in bitcoin topic. [16:37]
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assbot [BTCTC] [DMS.MINING] 5 @ 0.019249 = 0.0962 BTC [-] [16:39]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.4 = 8.8 BTC [-] [16:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.35 BTC [-] [16:40]
assbot [BTCTC] [ASICMINER-PT] 8 @ 4.322 = 34.576 BTC [-] [16:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.321 BTC [-] [16:42]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.32 BTC [-] [16:42]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.301008 BTC [-] [16:42]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.3005 = 8.601 BTC [-] [16:42]
mjr_ yes SDR's are a great example [16:42]
assbot [BTCTC] [TAT.ASICMINER] 50 @ 0.043011 = 2.1506 BTC [-] [16:44]
assbot [BTCTC] [TAT.ASICMINER] 20 @ 0.04301 = 0.8602 BTC [-] [16:44]
assbot [BTCTC] [TAT.ASICMINER] 51 @ 0.043002 = 2.1931 BTC [-] [16:44]
CheckDavid I have a doubt about assets nomenclature [16:46]
CheckDavid S.MPOE-PT <-- For example [16:47]
CheckDavid How do you interpret it? [16:47]
CheckDavid So PT means pass through? [16:47]
CheckDavid Or something like that? [16:47]
emptyeddepended yes [16:48]
Namworld It means exactly that [16:48]
CheckDavid What about the S.MPOE [16:48]
emptyeddepended but there is no official name convention [16:48]
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CheckDavid is there anything to interpret in it's structure? [16:48]
CheckDavid considering the dot [16:48]
CheckDavid i see [16:48]
emptyeddepended well in case of S.DICE it's a short cut for satoshi's dice [16:49]
mjr_ S in the context of mpex means Security i mean [16:49]
mjr_ i think [16:49]
assbot [BTCTC] [S.DICE-PT] 7 @ 0.002188 = 0.0153 BTC [-] [16:49]
mjr_ hence s.mpoe [16:50]
mjr_ s.bbet [16:50]
mjr_ s.mg [16:50]
mjr_ x signifies future [16:50]
mjr_ hence x.idiff sep [16:50]
mjr_ o signifies option [16:50]
mjr_ hence o.usd.c020T [16:50]
emptyeddepended thanks for the explanation [16:50]
mjr_ i think we all went over the symbology last time mp changed it [16:51]
mjr_ no worries [16:51]
mjr_ but i guess those are the three asset classes [16:51]
mjr_ hmmm....i think that the bond has a symbol too, but i can't remember what [16:51]
mjr_ mpbor or something like that [16:51]
mjr_ but that is monthly and uses an auction symbol...i forget the details [16:52]
mjr_ or is accepted to people who send in >100 btc with the last 3 digits set to 8 [16:53]
mjr_ 100.00000888 [16:53]
mjr_ i think [16:53]
mjr_ now i have a question [16:53]
mjr_ do the prices of the options adjust daily? [16:54]
mjr_ does the bot, change them, or have they basically been static (what i am assuming) [16:54]
matthew_bold spammy spammy ;) [16:55]
CheckDavid thanks mjr_ [16:55]
CheckDavid I will look more into this later [16:56]
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assbot [BTCTC] [BFMINES] 4 @ 0.00399 = 0.016 BTC [+] [16:59]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.34 BTC [+] [16:59]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.321008 BTC [-] [17:00]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.321 BTC [-] [17:00]
assbot [BTCTC] [ASICMINER-PT] 7 @ 4.32 = 30.24 BTC [-] [17:00]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.300168 BTC [-] [17:00]
ThickAsThieves option prices are dynamic [17:01]
mjr_ i am saying, they are adjusted every day? [17:01]
ThickAsThieves and open to adjustment like every 10min or so [17:01]
mjr_ basically, i'll just come out and say it, is time decay built in [17:01]
ThickAsThieves dynamic to the vwap [17:01]
mjr_ because to me it doesn't seem like it is [17:01]
mjr_ just cuz vwap is the same with 30 days left, i shouldn't pay the same as 1 day left [17:02]
assbot [HAVELOCK] [ASICM] 30 @ 0.04234899 = 1.2705 BTC [-] [17:02]
mjr_ vwap being equal [17:02]
ThickAsThieves i dont think time decay is built in but its possible his volatility portion of the algo outweights it [17:02]
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mjr_ lol with vol of 300, i guess it dwarfs everything else [17:03]
assbot [HAVELOCK] [ASICM] 22 @ 0.042349 = 0.9317 BTC [+] [17:03]
mjr_ my point is "are bitcoins magic?" [17:03]
mjr_ if yes, then i should ignore every mathematical model that the financial world has constructed [17:03]
mjr_ concepts like theta, gamma and delta are irrelevant [17:04]
mjr_ and options pricing is sorcery [17:04]
assbot [HAVELOCK] [ASICM] 9 @ 0.04294999 = 0.3865 BTC [+] [17:04]
mjr_ if they aren't magic [17:04]
mjr_ then i want to see how they compare against their "muggle" counterparts [17:04]
assbot [HAVELOCK] [ASICM] 4 @ 0.04294999 = 0.1718 BTC [+] [17:05]
mjr_ that was an oblique reference to a harry potter fan fiction (LOL) in which harry is curious about the arbitrage possiblity between wizard gold and gold on the spot market in the muggle world [17:05]
assbot [BTCTC] [TAT.ASICMINER] 19 @ 0.0431 = 0.8189 BTC [+] [17:06]
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B0g4r7_ add in jewgold and you may have something. [17:06]
mjr_ hahaha [17:06]
ThickAsThieves i think it is neither [17:06]
ThickAsThieves it is new [17:07]
mjr_ well... [17:07]
mjr_ somewhat [17:07]
mjr_ if it looks, acts, and sounds like a currency [17:07]
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mjr_ then i can/should treat it as such [17:07]
mjr_ an option is an option [17:07]
mjr_ so i have been applying standard tools to these options [17:07]
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mjr_ and i think i can perhaps offer lower prices [17:07]
mjr_ but need to test a LOT before i try that [17:07]
ThickAsThieves so i think what you are really looking for [17:08]
ThickAsThieves is why you might be wrong [17:08]
ThickAsThieves or whether* [17:08]
mjr_ yeah [17:08]
mjr_ i mean that is my goal, to figure out if there is something here, or not [17:08]
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mjr_ my calculations over the last year on a daily basis (365 data points) show a historical daily volatiltiy of 120 [17:09]
mjr_ mp chooses not to hedge options, which is perfectly valid [17:09]
ThickAsThieves but that seems to be too simple [17:09]
ThickAsThieves to average them [17:09]
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mjr_ its not just an average [17:09]
ThickAsThieves ok [17:10]
mjr_ its closer to a standard deviation [17:10]
assbot [BTCTC] [TAT.ASICMINER] 7 @ 0.04301 = 0.3011 BTC [-] [17:10]
mjr_ or a random walk [17:10]
assbot [BTCTC] [TAT.ASICMINER] 4 @ 0.043499 = 0.174 BTC [+] [17:10]
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ThickAsThieves if you can properly cover your ass, and only intend to offer small amounts in mid-market [17:11]
ThickAsThieves i think you're okay [17:11]
assbot [BTCTC] [DMS.MINING] 1 @ 0.019 BTC [-] [17:11]
assbot [BTCTC] [CRYPTO-TRADE] 22 @ 0.2 = 4.4 BTC [+] [17:11]
mjr_ well, if i come up with a strategy that works, and can mathematically be shown where exactly my risks are [17:11]
assbot [BTCTC] [DMS.MINING] 20 @ 0.019 = 0.38 BTC [-] [17:11]
assbot [BTCTC] [DMS.MINING] 65 @ 0.019249 = 1.2512 BTC [+] [17:11]
mjr_ i would raise money to start market making aggresively [17:11]
mjr_ perhaps a bond of or something [17:12]
ThickAsThieves new issues arise if you become a target though [17:12]
mjr_ true [17:12]
ThickAsThieves like price manipulation [17:12]
mjr_ i think this is more similar to a Carry Trade, rather than an arbitrage [17:12]
assbot [BTCTC] [S.MPOE-PT] 4 @ 0.000989 = 0.004 BTC [-] [17:12]
assbot [BTCTC] [TAT.ASICMINER] 46 @ 0.043499 = 2.001 BTC [+] [17:14]
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mjr_ for example, if i borrow yen to lend out dollars (yen is low yield, dollar is higher) that is a classic example [17:14]
ThickAsThieves seems mor elike gambling to me [17:15]
mjr_ eh, its really just abstracting the currency and focusing on the market [17:15]
ThickAsThieves there's no interest to carry here [17:15]
mjr_ i can get cheap here, and i can lend for more there [17:15]
mjr_ there is some interest going on [17:15]
mjr_ but yes, i use 0 as my interest and dividend [17:15]
ThickAsThieves the premium is, i guess [17:16]
assbot [BTCTC] [DMS.PURCHASE] 27 @ 0.048994 = 1.3228 BTC [-] [17:16]
mjr_ i was saying similar to, not the same [17:16]
mjr_ anyways, financial engineering should allow me to abstract away whatever risks i don't want, and focus on the risks i do want, and then collect on those risks [17:16]
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assbot [BTCTC] [TAT.ASICMINER] 35 @ 0.043011 = 1.5054 BTC [-] [17:16]
ThickAsThieves so you'll create an inverse deal on the other end? [17:17]
mjr_ yes, perhaps not on mpex [17:17]
ThickAsThieves ah [17:17]
mjr_ i could have a private deal in place [17:17]
mjr_ to hedge my option writing [17:17]
mjr_ for example, let's say i tell my friend i will buy 1000 coins from him at 75 dollars at the end of august [17:17]
mjr_ in other words, i am long the future [17:18]
ThickAsThieves but you need both ends to be dynamic right? [17:18]
mjr_ yes, you have to map out where you are covered and more importantly where you aren't [17:18]
ThickAsThieves no guarantee of selling all your Puts [17:18]
mjr_ that is the problem [17:18]
mjr_ however, you can make some educated guesses [17:18]
mjr_ 1. Options volume used to be higher [17:19]
mjr_ 2. Price went up and options volume dropped [17:19]
ThickAsThieves you could always base it on the bot's buy price [17:19]
mjr_ 3. I know this obvious but higher prices mean less deman [17:19]
ThickAsThieves as worst case [17:19]
ThickAsThieves assuming you have some confidence in the bots pricing [17:19]
mjr_ so hopefully, if it were possible to hedge better, one should be able to offer better prices [17:19]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.043899 = 0.0878 BTC [+] [17:20]
mjr_ i mean, i think the only reason (per trilema) that mp hasn't moved it, is due to the fact no one has jumped into the middle [17:20]
ThickAsThieves you think? [17:20]
ThickAsThieves i think that reason is just an extension of one of two possible real reasons [17:21]
ThickAsThieves first being that MP simply hates being"wrong" [17:21]
ThickAsThieves even to himself [17:21]
ThickAsThieves he didnt wanna change the algo when he was losing money [17:21]
mjr_ well...wrong needs to be defined in this context [17:21]
ThickAsThieves and then he did [17:21]
ThickAsThieves and can't make money [17:21]
mjr_ his stock is at an all time high right now if i remember correctly [17:22]
ThickAsThieves the second reason, which begs more thought, [17:22]
mjr_ and he did pay divs [17:22]
mjr_ but i agree [17:22]
ThickAsThieves is maybe his own analysis says that lower prices are too risky [17:22]
ThickAsThieves and why [17:22]
mjr_ but i agree with the second point [17:22]
mjr_ if you aren't hedged [17:22]
mjr_ which: [17:22]
ThickAsThieves so if more backing bonds were purchased, might he lower prices? [17:23]
ThickAsThieves or is he simply too worried about flash crashes and such [17:23]
mjr_ You can't pull yourself up by your breeches and for the very same reason you can't have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone [17:23]
mjr_ so he has decided to be that someone [17:23]
mjr_ and that is great, and actually a public service [17:24]
mjr_ but i have no compunction about hedging [17:24]
ThickAsThieves the price of public service sure has gone up! [17:24]
ThickAsThieves :) [17:24]
mjr_ lol [17:24]
mjr_ well, if you ask anyone, "what is the riskiest thing you can do in finance?" i think they would say write options without a hedge [17:25]
mjr_ if you told them that the vol was over 100, they would consider it suicidal (probably) [17:25]
mjr_ but he has a good model in place to avoid insolvency, but not to avoid loss [17:25]
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assbot [BTCTC] [TAT.ASICMINER] 11 @ 0.043899 = 0.4829 BTC [+] [17:26]
assbot [BTCTC] [TAT.ASICMINER] 11 @ 0.043899 = 0.4829 BTC [+] [17:26]
mjr_ and i don't claim to know better than him, by any means, i haven't written a lot of options and he has [17:26]
ThickAsThieves didn't smickles used to play midmarket? [17:26]
mjr_ and at the end of the day, what matters is where you put your money [17:26]
mjr_ i think he did [17:27]
assbot [BTCTC] [BITVPS] 40 @ 0.001999 = 0.08 BTC [+] [17:27]
mjr_ i miss smickles [17:27]
mjr_ i talked to Bugpowder yesterday [17:27]
mjr_ i think he had some stuff going on too [17:27]
assbot [BTCTC] [AMC-PT] 13 @ 0.001935 = 0.0252 BTC [+] [17:27]
ThickAsThieves seems odd to disappear without a trace [17:27]
ThickAsThieves yet leave IRC logging on perpetually [17:28]
assbot [BTCTC] [S.DICE-PT] 9 @ 0.002399 = 0.0216 BTC [+] [17:29]
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ThickAsThieves how does an index stock handle value when new assets are listed/de-listed? [17:32]
thestringpuller ThickAsThieves: he had a baby [17:33]
thestringpuller he emailed me at the start of june [17:33]
thestringpuller but haven't heard from him recently [17:33]
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assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.043899 BTC [+] [17:33]
mjr_ indices usually have a "rebalance" [17:33]
mjr_ at pre-announced times [17:33]
mjr_ where they adjust the ratios to keep them in line with the funds stated goals [17:34]
mjr_ most famous/important the russel imbalance [17:34]
assbot [HAVELOCK] [ASICM] 35 @ 0.04294999 = 1.5032 BTC [+] [17:34]
assbot [BTCTC] [AMC-PT] 25 @ 0.001944 = 0.0486 BTC [+] [17:34]
mjr_ i actually wish there was more IB stuff in btcland [17:35]
mjr_ M&A [17:35]
ThickAsThieves i'm interested in running some index funds eventually [17:36]
assbot [BTCTC] [S.DICE-PT] 1 @ 0.002399 BTC [+] [17:36]
ThickAsThieves like an MPEX4 or such [17:36]
mjr_ hehehe [17:36]
ThickAsThieves :) [17:36]
mjr_ hopefully it would be an mpex15 at that time [17:36]
mjr_ i am excited about S.MG [17:36]
ThickAsThieves me too [17:36]
mjr_ can't wait to play it [17:36]
ThickAsThieves i wish i bought more [17:36]
Namworld I want to play my game already [17:37]
mjr_ oh lol, i just want to play it [17:37]
ThickAsThieves hehe [17:37]
mjr_ if you read the novel REAMDE you could see the cool applicatoins [17:37]
mjr_ or you would see those cool ones, you can see other ones without reading it [17:37]
peterl TAT what would you index? [17:37]
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ThickAsThieves well there is more than one idea i have floating [17:38]
davout jus sayinn: http://www.gamasutra.com/blogs/RaminShokrizade/20130626/194933/ [17:38]
ThickAsThieves the easiest would be an index fund, where i actually buy 1 of each stock and sell them as 1 index unti [17:38]
ThickAsThieves unit* [17:38]
ThickAsThieves on other exchanges [17:38]
peterl you mean like the PT's? [17:39]
ThickAsThieves right [17:39]
ThickAsThieves except as an index [17:39]
thestringpuller I have a feeling mircea_popescu thinks of Gamasutra, as a "Fanfic" blog, as MPOE-PR would put it. [17:39]
peterl but all the stocks instead of individualized? [17:39]
ThickAsThieves right [17:39]
peterl I'd buy it [17:39]
ThickAsThieves sold! [17:39]
ThickAsThieves hehe [17:39]
assbot [HAVELOCK] [ASICM] 2 @ 0.04294999 = 0.0859 BTC [+] [17:40]
davout thestringpuller: I find it to be an interesting article [17:40]
mjr_ http://en.wikipedia.org/wiki/Hawala this is a fascinating article [17:40]
thestringpuller davout: I love Gamasutra, it's pretty much the news site for game developers. [17:40]
ThickAsThieves too many links! [17:41]
davout thestringpuller: didn't know it, actually it's the first time ever I read an article there :-) [17:41]
davout thestringpuller: you're a game developer . [17:41]
davout ? [17:41]
ThickAsThieves he's THE game developer [17:41]
davout tell me moar [17:42]
thestringpuller No. More like a indie consultant. [17:42]
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davout proceed [17:42]
thestringpuller Did you know the reason the the goombas and koopas change in Super Mario Bros. is because the NES had limited color data. [17:43]
thestringpuller For instance in 1-1 they look "normal" [17:43]
davout what do you mean by "they change" ? [17:43]
thestringpuller but 1-2 they change to blue [17:43]
davout hm [17:43]
davout oh yes [17:43]
davout like in underworld [17:43]
thestringpuller also the clouds and the bushes are the same sprites [17:43]
davout i knew this one :-) [17:43]
thestringpuller ThickAsThieves philosophically disagrees with me on S.MG lol [17:45]
thestringpuller that's where dat sarcasm be comin' from [17:45]
davout if you started a zelda game by calling your character zelda you'd get a whole different quest [17:45]
davout ah i see [17:45]
ThickAsThieves i just think your gloom and doom is misplaced or at least disproportionate [17:45]
davout about S.MG ? [17:46]
ThickAsThieves about their methodology and path for the current game [17:46]
davout let's see how the execution rolls out [17:47]
ThickAsThieves that's my line [17:47]
assbot [HAVELOCK] [ASICM] 5 @ 0.0425 = 0.2125 BTC [-] [17:47]
davout either outcomes will be positive [17:47]
davout either i make some money on the S.MG shares [17:47]
ThickAsThieves string argues that is not good enough [17:47]
davout or we get to make fun at MP for failing miserably [17:47]
thestringpuller XD [17:47]
ThickAsThieves fat chance [17:47]
emptyeddepended does anyone know if gox yubikeys are locked or can be freely flashed and used for other purposes? [17:48]
thestringpuller MP will likely sweep it under the rug or have a salvage plan. [17:48]
ThickAsThieves or have a way to portray it as a great success [17:48]
davout emptyeddepended: http://linux.die.net/man/1/ykpersonalize [17:48]
ThickAsThieves regardless of anyone else's measure [17:48]
assbot [BTCTC] [DMS.PURCHASE] 58 @ 0.048994 = 2.8417 BTC [-] [17:48]
mjr_ i'm just looking forward to playing it [17:49]
ThickAsThieves but in this case i think he'd be right [17:49]
mjr_ but would you describe it as a "money game" [17:49]
ThickAsThieves it's a great thing [17:49]
ThickAsThieves even if it falls flat [17:49]
thestringpuller Super Mario Bros. 3 was a great thing [17:49]
thestringpuller MegaMan 2 was a great thing... [17:49]
davout zelda 64 best game evar [17:49]
assbot [BTCTC] [TAT.ASICMINER] 25 @ 0.043899 = 1.0975 BTC [+] [17:49]
ThickAsThieves michael chiklis was not a great thing [17:50]
mjr_ thestringpuller: i think it is interesting, because similar to WoW you can earn money by playing [17:50]
mjr_ vs a zynga game where you can only spend [17:50]
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thestringpuller You can earn money in any MMO. That's not why the core players play them though... [17:50]
ThickAsThieves string, what do you think of Rift's current model [17:51]
ThickAsThieves free to play [17:51]
ThickAsThieves pay to level up, etc [17:51]
thestringpuller Wow is that game 2 years old already? [17:52]
ThickAsThieves i dunno [17:52]
Namworld Should be subscription/single fee based. [17:52]
thestringpuller I think Rift is what kinda forced a lot of other games hands from the subscription model. [17:52]
ThickAsThieves they are simply offering what WoW players already pay for through grey markets [17:52]
thestringpuller Or perhaps it's just the "Zynga climate" in general. [17:53]
thestringpuller Cause after Rift came out LotRo and SWTOR became F2P [17:53]
ThickAsThieves not sure if it's a good thing or bad thinig personally [17:53]
Namworld The way it is now, with micropayments games, most play free, a few addicts pay thousands to have everything. [17:53]
thestringpuller Namworld: but what happens when those addicts go to rehab? [17:53]
thestringpuller "rehab" so to speak [17:54]
ThickAsThieves if you pay for all your stuff do you value the game more or less? [17:54]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.42 BTC [+] [17:54]
ThickAsThieves are more likely to move on to a new game or less? [17:54]
davout rift became F2P a couple of months ago [17:54]
davout my gf raged about it [17:54]
ThickAsThieves right [17:54]
davout :D [17:54]
ThickAsThieves hehe [17:54]
rulother Last month actually [17:55]
davout she was all like "fucking noobs gonna flood the servers" [17:55]
thestringpuller What devalues a game is whether or not you're making the gameplay optional or not. [17:55]
Namworld And honestly, how fun is a game when to progress, you must pay? Isn't the whole point to entertain yourself with good gameplay and advancement through that gameplay? A subscription for online games and flat fee for offline game is a good model. [17:55]
ThickAsThieves much like when WoW introduced DKs [17:55]
davout i was actually quite happy, seeing my chances of getting sandwiches made increase slightly [17:55]
ThickAsThieves it wasn't THAT bad [17:55]
Namworld But whatever, companies are free to release a payment model as they please. [17:55]
ThickAsThieves Nam you dont HAVE to pay [17:55]
ThickAsThieves you MAY pay [17:56]
thestringpuller Namworld makes the best point. It has to be fun. You can make any gimmick you want in a game, but people are going to keep playing it. [17:56]
thestringpuller It's like being hooked on crack. [17:56]
ThickAsThieves it can still be fun [17:56]
thestringpuller No one wants to fucking smoke crack, but it's addictive. [17:56]
ThickAsThieves when i played WoW, [17:56]
ThickAsThieves i only enjoyed raiding [17:56]
mjr_ DK's were fun [17:56]
ThickAsThieves i despised farming [17:56]
mjr_ i stopped b4 pandas [17:56]
ThickAsThieves so i paid for gold [17:56]
assbot [BTCTC] [S.DICE-PT] 190 @ 0.002399 = 0.4558 BTC [+] [17:57]
mjr_ the one after lich king i think [17:57]
assbot [BTCTC] [S.DICE-PT] 100 @ 0.0024 = 0.24 BTC [+] [17:57]
ThickAsThieves then i could spend my time playing the dame the way i wanted [17:57]
ThickAsThieves game* [17:57]
thestringpuller That's MPOE-PR's point. [17:57]
Namworld You don't HAVE to pay. But most micropayment games have gameplay made so that if you don't pay, you can't advance, compete or must grind for months on end to acquire "premium" currencies. [17:57]
Namworld It really kills the gameplay value [17:57]
thestringpuller But do you know why they make you farm ThickAsThieves? [17:57]
thestringpuller or the original intent [17:57]
ThickAsThieves to make the game last longer [17:58]
ThickAsThieves lack of unique content [17:58]
thestringpuller Not entirely, that's half the coin. But they wanted to create a barrier to entry to the end game. [17:58]
assbot [HAVELOCK] [ASICM] 50 @ 0.0429 = 2.145 BTC [+] [17:58]
assbot [HAVELOCK] [ASICM] 45 @ 0.04294999 = 1.9327 BTC [+] [17:58]
ThickAsThieves seems to be rewording what i said [17:59]
thestringpuller In the same way MP charges 30 BTC to get into MPEX. In order to raid you needed to go through 60+ levels of shit. [17:59]
thestringpuller It does extend your playtime. [17:59]
thestringpuller But a lot of people drop out before they get to the end. [17:59]
ThickAsThieves but if i want onto mpex i can buy 30btc [17:59]
ThickAsThieves i dont need to grind [17:59]
assbot [HAVELOCK] [ASICM] 1 @ 0.043989 BTC [+] [17:59]
assbot [HAVELOCK] [ASICM] 52 @ 0.04399 = 2.2875 BTC [+] [17:59]
assbot [HAVELOCK] [ASICM] 322 @ 0.044 = 14.168 BTC [+] [17:59]
assbot [HAVELOCK] [ASICM] 415 @ 0.04444444 = 18.4444 BTC [+] [17:59]
thestringpuller Yea but a lot of people who would want to get into MPEX say "fuck it" and "drop out". [17:59]
assbot [HAVELOCK] [ASICM] 34 @ 0.0446211 = 1.5171 BTC [+] [18:00]
Namworld they make you grind because you know, monthly subscription. While when it's payments to advance, it's either pay immediately to go on or drop. [18:00]
davout if they really want to trade on mpex they just go on coinbr [18:00]
mjr_ ^ what i was going to say [18:01]
thestringpuller What Namworld said :D [18:01]
mjr_ could taht be the equivalent of crafting? [18:01]
mjr_ or like social gaming on WoW [18:01]
mjr_ hanging out in the town hall [18:01]
davout stopped gaming at counter strike [18:01]
mjr_ I mean, there was an interesting article on hats [18:01]
assbot [HAVELOCK] [ASICM] 43 @ 0.044 = 1.892 BTC [-] [18:01]
ThickAsThieves i think great content and accessibility to it IS what makes a game good [18:01]
assbot [HAVELOCK] [ASICM] 1 @ 0.044 BTC [-] [18:01]
ThickAsThieves not the reverse [18:01]
Namworld The thing is, with payments to advance, few can play, and a few drops big amounts of cash to show off their wealth. Poor gameplay, you just pay to progress. [18:02]
davout mmorpgs are like alcohol, they cost money, and more importantly they cost time [18:02]
Namworld A good game is enjoyable and can be sold to everyone at a cheaper prices. Less money per persons, more players. [18:02]
Namworld And usually ends up being a more enjoyable game. [18:02]
mjr_ i like LoL's idea [18:02]
thestringpuller ThickAsThieves: and that's my point exactly, good content. more generally "fun" [18:02]
ThickAsThieves WoW did not use the money for this purpose [18:02]
mjr_ which is for the most part, gameplay free, look cool = money [18:02]
ThickAsThieves they rake(d) in millions and millions [18:03]
ThickAsThieves yet new 3d models were rare [18:03]
mjr_ has anyone here read REAMDE? [18:03]
ThickAsThieves and new content sporadic [18:03]
thestringpuller WoW actually raked in billions [18:03]
ThickAsThieves nope [18:03]
ThickAsThieves even worse [18:03]
ThickAsThieves that drove me crazy as a player [18:03]
thestringpuller mjr_: isn't that by neal stephenson? [18:03]
ThickAsThieves seeing the same art on endgame armor and weps [18:03]
ThickAsThieves recolored [18:04]
mjr_ thestringpuller: yes [18:04]
ThickAsThieves and seeing endgame bosses with the same models [18:04]
mjr_ specifically about "farming" and "in game money" and how it relates to real world [18:04]
mjr_ the game described is really interesting [18:04]
thestringpuller mjr_: I was told it was Snow Crash but in a different time period... [18:04]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.351001 BTC [-] [18:05]
assbot [BTCTC] [ASICMINER-PT] 4 @ 4.351 = 17.404 BTC [-] [18:05]
assbot [BTCTC] [ASICMINER-PT] 3 @ 4.3501 = 13.0503 BTC [-] [18:05]
thestringpuller ThickAsThieves: but that actually doesn't have to matter. In Mario all of the sprites are practically the same because of hardware limitations. [18:05]
mjr_ not at all [18:05]
mjr_ ok, there are similarities [18:06]
ThickAsThieves it mattered to me [18:06]
mjr_ i mean, the metaverse could be looked at like an mmorpg [18:06]
ThickAsThieves and i wasnt alone [18:06]
ThickAsThieves because mario, is not an argument [18:06]
thestringpuller Yes but if the gameplay were new and they weren't obviously milking you would you really care? [18:06]
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ThickAsThieves equipment as a carrot is a huge part of WoW [18:06]
ThickAsThieves if the carrot is stale, the chase is staler for it [18:07]
thestringpuller Wasn't that the case in Diablo II years before? [18:07]
thestringpuller It's like Gatsby syndrome without the prohibition... [18:08]
ThickAsThieves i think it's an overlooked and undervalued aspect of gaming, original new art [18:08]
ThickAsThieves MTG is a good example [18:08]
ThickAsThieves they see that value [18:08]
thestringpuller MTG also has artist on call that rivals a comic book publisher. [18:08]
mjr_ what do you think of league of legends [18:08]
assbot [BTCTC] [DMS.PURCHASE] 8 @ 0.048994 = 0.392 BTC [-] [18:08]
thestringpuller artists* [18:08]
mjr_ i think it is a hugely popular game that has monetized in a great way [18:09]
thestringpuller It only exists because blizzard made Warcraft 3 [18:09]
mjr_ while not only keeping it about gameplay, but also making it competitive and lucrative [18:09]
thestringpuller and from Warcraft 3 came DoTA [18:09]
mjr_ yes of course [18:09]
mjr_ its a DOTA clone [18:09]
thestringpuller I was never a huge DoTA fan [18:09]
ThickAsThieves never played any of those [18:09]
ThickAsThieves sue me [18:09]
mjr_ well, its fun [18:09]
mjr_ and not a huge time commitment [18:09]
mjr_ though there is leveling and decision trees to some extent [18:10]
ThickAsThieves i think my bro gifted me dota on steam recently [18:10]
thestringpuller It can be, but it just was too...simple in comparison to the rush of a 1v1 in Starcraft or Warcraft III. But I can see the allure. [18:10]
ThickAsThieves only game i put any mentionable time into in recent years is Skyrim [18:10]
ThickAsThieves and Plants v Zombies [18:10]
ThickAsThieves :) [18:10]
mjr_ Two things have assured T’Rain’s commercial success: actual geological laws have been programmed to govern its terrain (it is this feature from which the game’s name derives); and the game uses a currency system based on real money — treasure mined from the strata of T’Rain’s crust can be transformed into earthly coin. [18:11]
mjr_ that sounds exactly (or pretty close) to S.MG [18:11]
mjr_ that is the game in REAMDE [18:11]
thestringpuller and eerily similar to the "The World" of .hack//anythinghere [18:11]
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ThickAsThieves i dont think S.MG generates coin at all [18:12]
ThickAsThieves it consumes it [18:12]
mjr_ no, coins are put into it [18:12]
ThickAsThieves and offers ways for you to sell things for it [18:12]
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mjr_ but things cost money and crafting combines value [18:12]
mjr_ i *think* that the money you put in is not all yours though [18:12]
ThickAsThieves i think only consumables are planned to cost money, like food [18:12]
thestringpuller mjr_: you would have liked the original incarnation of Star Wars Galaxies [18:12]
mjr_ some goes to trees, metal etc, from the rough description i heard [18:12]
thestringpuller mjr_: ALl of the items in the game had to be crafted. [18:13]
thestringpuller mjr_: so corporations of course formed to rape the planets of their resources. [18:14]
mjr_ lol cool [18:14]
mjr_ but how did the trees get there [18:14]
thestringpuller I dont think there was a tree resource [18:15]
mjr_ ah ok [18:15]
thestringpuller I think minecraft has that on lock down (jkjk) [18:15]
assbot [BTCTC] [DMS.MINING] 1 @ 0.01861 BTC [-] [18:15]
assbot [BTCTC] [DMS.MINING] 100 @ 0.0186 = 1.86 BTC [-] [18:15]
assbot [BTCTC] [DMS.MINING] 4 @ 0.0186 = 0.0744 BTC [-] [18:15]
assbot [BTCTC] [DMS.MINING] 95 @ 0.0181 = 1.7195 BTC [-] [18:15]
mjr_ anyways, tying a game to something meaningful is usually a recipe for successs [18:15]
mjr_ lol MC is pretty fun [18:15]
mjr_ lets people be creative and build stuf [18:16]
assbot [BTCTC] [DMS.PURCHASE] 50 @ 0.048994 = 2.4497 BTC [-] [18:17]
rulother Did anyone here play DAoC? [18:19]
thestringpuller ThickAsThieves: do you know why GTA has become so successful? Because of the subtle and gross content you desire in a game. Lets take Fruit computers for example: http://www.grandtheftwiki.com/images/FruitComputers-GTAVCS-advert.png That advert is from Vice City, which takes play in the 80's. The fake brand perpetuates throughout the entire series. Only hardcore players will actually read the shit, but it's still [18:21]
assbot [BTCTC] [AMC-PT] 5 @ 0.001944 = 0.0097 BTC [+] [18:22]
thestringpuller MP wants to create that kind of world in his flagship game. How he does it is irrelevant, but it's a vast undertaking. To underestimate such an endeavor is practically suicide. [18:23]
davout he has romanian slaves working in sweatshops for the AI, it's going to rock [18:24]
beetlebee but there is no official name convention actually there is. http://polimedia.us/trilema/2012/mpsics-in-detail/ [18:24]
assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.0439 BTC [+] [18:24]
assbot [BTCTC] [TAT.ASICMINER] 20 @ 0.043899 = 0.878 BTC [-] [18:25]
thestringpuller davout: that's what Atari did, and look at them now... [18:25]
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davout lol [18:26]
thestringpuller davout: I respect the shit out of MP, but I question his game company. I wish I could have faith. I WANT TO BELIEVE ThickAsThieves [18:26]
thestringpuller I WANT TO BELIEVE!!!! [18:26]
ThickAsThieves so believe [18:26]
ThickAsThieves it doesn't require such concern to believe [18:27]
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thestringpuller http://i1.kym-cdn.com/photos/images/original/000/026/651/believe.gif [18:27]
thestringpuller very fitting [18:28]
thestringpuller http://www.grandtheftwiki.com/images/IFruitphone-GTAIV-advert.png - I want one. [18:28]
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assbot [BTCTC] [TAT.ASICMINER] 35 @ 0.0439 = 1.5365 BTC [+] [18:35]
assbot [BTCTC] [DMS.MINING] 20 @ 0.018101 = 0.362 BTC [+] [18:35]
assbot [BTCTC] [DMS.MINING] 5 @ 0.0181 = 0.0905 BTC [-] [18:35]
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mjr_ just to throw this out there [18:36]
mjr_ if anyone is in NYC and wants to come to Satoshi Square, its in Union Square from 5-7pm [18:37]
mjr_ north side of the park, by the Lincoln Statue [18:37]
Namworld Y u no come to Montreal?!? [18:38]
Namworld Build a Bitcoin monument or something [18:38]
Namworld Declare it Bitcoin Capital of the world. [18:38]
mjr_ i really really want to go to montreal [18:38]
mjr_ i would love that [18:38]
mjr_ i hear it is an awesome town [18:38]
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Namworld Love it. [18:38]
mjr_ and would love to visit and help organize an event there [18:38]
Namworld Cheap housing, cheap living costs. Compared to most major urban cities [18:39]
mjr_ i was just thinking actually of a tool that would be nice, (i need to add a calendar anyway), but a consensus building location chooser for new groups meeting [18:39]
Namworld All on an island. [18:39]
mjr_ not necessary, but would be nice [18:39]
mjr_ so much to be done... [18:42]
assbot [HAVELOCK] [ASICM] 100 @ 0.04499989 = 4.5 BTC [+] [18:44]
assbot [HAVELOCK] [ASICM] 56 @ 0.0449999 = 2.52 BTC [+] [18:44]
Diablo-D3 Namworld: no no no [18:44]
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Diablo-D3 canada is not going to get a bitcoin capital [18:44]
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assbot [HAVELOCK] [ASICM] 68 @ 0.045 = 3.06 BTC [+] [18:45]
assbot [HAVELOCK] [ASICM] 94 @ 0.045 = 4.23 BTC [+] [18:45]
assbot [HAVELOCK] [ASICM] 6 @ 0.045 = 0.27 BTC [+] [18:45]
assbot [HAVELOCK] [ASICM] 14 @ 0.045399 = 0.6356 BTC [+] [18:45]
assbot [HAVELOCK] [ASICM] 50 @ 0.045399 = 2.27 BTC [+] [18:46]
mjr_ well, if canada were to have a bitcoin capital, i think montreal would be perfect [18:46]
mjr_ it has that  je ne sais quoi [18:47]
mjr_ not to mention super hot girls at great strip clubs [18:47]
mjr_ that was the quoi i was looking for [18:47]
rulother So I'm thinking of cancelling my bfl order for 3 singles, they're saying preorders placed before Jan 2013, will now ship out by Sept, then you have all of Feb-April crap. Mine was placed in April [18:49]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.38 BTC [+] [18:50]
ThickAsThieves ouch [18:51]
ThickAsThieves didnt they cancel refunds? [18:51]
rulother If you ordered after April yeah [18:52]
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assbot [HAVELOCK] [ASICM] 34 @ 0.04350199 = 1.4791 BTC [-] [18:52]
rulother I'm just thinking it makes more sense to cancel and buy a Saturn instead [18:52]
ThickAsThieves or buy btc [18:52]
ThickAsThieves or buy AM stock [18:53]
rulother that as well [18:53]
rulother lol [18:53]
ThickAsThieves or buy bonds [18:53]
ThickAsThieves or use it for toilet paper [18:53]
rulother Might as well been tp all this time [18:53]
pankkake I'm actually investing in TP. because http://www.guardian.co.uk/world/2013/may/16/venezuela-toilet-paper-shortage-50m [18:54]
rulother Ah good catch [18:54]
mjr_ best part of the article Minister blames shortage on 'excessive demand caused by media campaign generated to disrupt the country' [18:55]
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assbot [HAVELOCK] [HIM] 5 @ 0.31001508 = 1.5501 BTC [-] [19:25]
assbot [HAVELOCK] [HIM] 3 @ 0.3003 = 0.9009 BTC [-] [19:25]
* emptyeddepended has quit (Ping timeout: 250 seconds) [19:28]
assbot [BTCTC] [AMC-PT] 9 @ 0.001935 = 0.0174 BTC [-] [19:28]
* rpetrich (uid280@gateway/web/irccloud.com/x-rpcrlyysytfthrcl) has joined #bitcoin-assets [19:30]
assbot [HAVELOCK] [HIM] 10 @ 0.3003 = 3.003 BTC [-] [19:31]
assbot [BTCTC] [B.YABMC] 1 @ 0.0051 BTC [-] [19:36]
assbot [BTCTC] [TAT.ASICMINER] 10 @ 0.0436 = 0.436 BTC [-] [19:39]
assbot [BTCTC] [TAT.ASICMINER] 5 @ 0.0436 = 0.218 BTC [-] [19:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.424997 BTC [+] [19:40]
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assbot [BTCTC] [TAT.ASICMINER] 8 @ 0.0435 = 0.348 BTC [-] [19:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.425 BTC [+] [19:41]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.425 = 8.85 BTC [+] [19:41]
assbot [BTCTC] [RSM] 2 @ 0.016005 = 0.032 BTC [-] [19:41]
* [\] (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets [19:42]
assbot [HAVELOCK] [ASICM] 481 @ 0.045379 = 21.8273 BTC [-] [19:45]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.0439 = 0.0878 BTC [+] [19:45]
assbot [HAVELOCK] [ASICM] 225 @ 0.04538 = 10.2105 BTC [+] [19:45]
assbot [HAVELOCK] [ASICM] 1 @ 0.0449 BTC [-] [19:46]
assbot [HAVELOCK] [ASICM] 72 @ 0.04441 = 3.1975 BTC [-] [19:46]
assbot [HAVELOCK] [ASICM] 1 @ 0.0444 BTC [-] [19:46]
assbot [HAVELOCK] [ASICM] 526 @ 0.044301 = 23.3023 BTC [-] [19:46]
assbot [HAVELOCK] [ASICM] 2 @ 0.0454 = 0.0908 BTC [+] [19:46]
assbot [HAVELOCK] [ASICM] 200 @ 0.0454 = 9.08 BTC [+] [19:46]
assbot [HAVELOCK] [ASICM] 163 @ 0.045499 = 7.4163 BTC [+] [19:47]
assbot [HAVELOCK] [ASICM] 35 @ 0.04545 = 1.5908 BTC [-] [19:48]
assbot [BTCTC] [TAT.ASICMINER] 10 @ 0.0439 = 0.439 BTC [+] [19:48]
jurov mjr_, ThickAsThieves: iirc mircea *did* change the options pricing algo in april or may. the prices used to be better before. it's even mentioned in monthly report. [19:49]
* teslamp (~teslamp@149-169-173-150.nat.asu.edu) has joined #bitcoin-assets [19:51]
assbot [BTCTC] [COGNITIVE] 1 @ 0.279 BTC [+] [19:52]
ThickAsThieves right [19:52]
ThickAsThieves i'm saying he doesn't like changing them as it is a form of defeat [19:52]
* teslamp has quit (Client Quit) [19:52]
ThickAsThieves now he may have over-corrected [19:53]
* teslamp (~teslamp@149-169-173-150.nat.asu.edu) has joined #bitcoin-assets [19:53]
ThickAsThieves and change in the other direction is waiting to happen, but he is waiting for mid-market competition as a reason [19:53]
* [\] has quit (Ping timeout: 256 seconds) [19:53]
ThickAsThieves so in both directions he will only change when he feels he's "lost" enough money [19:54]
* louong (~louong@S01060012174758b7.vc.shawcable.net) has joined #bitcoin-assets [19:54]
ThickAsThieves this is a theory [19:54]
ThickAsThieves more than a criticism [19:54]
assbot [BTCTC] [S.MPOE-PT] 5 @ 0.000896 = 0.0045 BTC [-] [19:56]
ThickAsThieves what other options [19:56]
ThickAsThieves he's still the only one backing real options [19:56]
ThickAsThieves albeit pricey ones atm [19:56]
assbot [BTCTC] [S.MPOE-PT] 1 @ 0.000896 BTC [-] [19:57]
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assbot [BTCTC] [BASIC-MINING] 1 @ 0.18897 BTC [+] [19:57]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.004777 BTC [+] [19:58]
jurov *hint* it would be possible for mpex whale to ask mp for margin and use that to cover options [19:58]
jurov but maybe they deem it too risky as well [19:58]
assbot [BTCTC] [S.MPOE-PT] 1 @ 0.000896 BTC [-] [19:59]
ThickAsThieves that was basiclaly what mjr and i were discussing [19:59]
ThickAsThieves whther the real reason for the pricing is risk assessment [19:59]
ThickAsThieves or just over-correction [19:59]
ThickAsThieves and whether playing the midmarket is low-risk enough to play [19:59]
jurov i know. imho he probably uses worst possible scenario of price swing by 300% or so whereby all options are bought on one extremity and exercised on the other [20:01]
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* GordonG3kko (~GordonG3k@gateway/tor-sasl/gordong3kko) has joined #bitcoin-assets [20:02]
ThickAsThieves Goat, all you seem to have to contribute lately is tearing people down and propping yourself up, are you on the rag or something? [20:03]
* B0g4r7 has quit (Ping timeout: 256 seconds) [20:03]
ThickAsThieves or am i just late noticing this [20:03]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.004777 BTC [+] [20:05]
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jurov yes you're late goat said himself he's just trolling around [20:09]
jurov pls send tips to: 1ChaangNoiGoat1sFai1edTro1138vpJo [20:10]
* GordonG3kko (~GordonG3k@gateway/tor-sasl/gordong3kko) has joined #bitcoin-assets [20:11]
assbot [BTCTC] [TAT.ASICMINER] 9 @ 0.0439 = 0.3951 BTC [+] [20:11]
* B0g4r7 (natty@186.sub-75-243-44.myvzw.com) has joined #bitcoin-assets [20:12]
assbot [BTCTC] [DMS.PURCHASE] 39 @ 0.048997 = 1.9109 BTC [+] [20:12]
ThickAsThieves call me new all you want, but my relevance here has eclipsed yours months ago [20:15]
ThickAsThieves what i think doesn't matter [20:16]
ThickAsThieves surely you have more to contribute than being another MP-is-a-scammer troll [20:16]
ThickAsThieves k [20:17]
jurov lol [20:17]
assbot [BTCTC] [DMS.MINING] 2 @ 0.019276 = 0.0386 BTC [+] [20:18]
jurov dunno, but prolly he did....otherwise he would be asking me about how many THs i have [20:19]
assbot [BTCTC] [DMS.SELLING] 1 @ 0.030998 BTC [+] [20:20]
assbot [BTCTC] [AMC-PT] 923 @ 0.001944 = 1.7943 BTC [+] [20:20]
jurov lol, that would prolly require petahashes [20:20]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.4249 BTC [-] [20:21]
* jurov is secretly mining with atacirc... not bitcoin but vanity addresses to not disrupt iDiffs :D [20:22]
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ThickAsThieves ;;bcstats [20:22]
gribble Current Blocks: 245510 | Current Difficulty: 2.1335329113983E7 | Next Difficulty At Block: 245951 | Next Difficulty In: 441 blocks | Next Difficulty In About: 2 days, 9 hours, 50 minutes, and 9 seconds | Next Difficulty Estimate: 25598818.434 | Estimated Percent Change: 19.98324 [20:22]
assbot [BTCTC] [BITVPS] 225 @ 0.002231 = 0.502 BTC [+] [20:22]
jurov One atacirc is 6 petabytes of variable use memory, infinite parallel processor the size of a match head. [20:22]
jurov no it's applied phlebotinum (alien tech) [20:23]
assbot [BTCTC] [BITVPS] 25 @ 0.002231 = 0.0558 BTC [+] [20:23]
assbot [BTCTC] [BITVPS] 1 @ 0.002232 BTC [+] [20:24]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.425 BTC [+] [20:24]
jurov John Ringo - Live Free Or Die [20:24]
assbot [BTCTC] [BITVPS] 34 @ 0.002234 = 0.076 BTC [+] [20:24]
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pankkake 19%, shit [20:25]
jurov quite good fic... like, imagine mircea popescu being the first to successfully trade with aliens [20:26]
jurov minus the slavery [20:26]
jurov books [20:27]
assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.0439 BTC [+] [20:27]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.425 BTC [+] [20:27]
rulother lol [20:29]
Diablo-D3 what [20:29]
jurov let's start leetcoin ETF [20:29]
assbot [BTCTC] [AMC-PT] 25 @ 0.001998 = 0.05 BTC [+] [20:32]
* GordonG3kko (~GordonG3k@gateway/tor-sasl/gordong3kko) has joined #bitcoin-assets [20:32]
Diablo-D3 I assume not valid [20:32]
Diablo-D3 heh [20:33]
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Diablo-D3 you do realize I was kidding earlier, right? [20:33]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.357009 BTC [-] [20:33]
Diablo-D3 its a running joke about obviously fake vanity addresses [20:33]
assbot [BTCTC] [TAT.ASICMINER] 10 @ 0.04355 = 0.4355 BTC [-] [20:34]
* ericmuyser (~ericmuyse@38.108.79.34) has joined #bitcoin-assets [20:36]
assbot [MPEX] [O.USD.C071T] 3 @ 0.34354301 = 1.0306 BTC [20:37]
assbot [MPEX] [O.USD.P071T] 3 @ 0.36565773 = 1.097 BTC [20:38]
jurov !ticker m ^oix [20:39]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 60.45035313 / 61.7052854 / 120.48109686 (1421 shares, 862.62 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [20:39]
jurov ^ says there was 862btc traded last week in options [20:39]
jurov no it is computed only on week basis [20:40]
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jurov day/month is only empty placeholder for the bot [20:41]
assbot [BTCTC] [AMC-PT] 824 @ 0.001999 = 1.6472 BTC [+] [20:41]
assbot [BTCTC] [AMC-PT] 100 @ 0.001999 = 0.1999 BTC [+] [20:41]
assbot [BTCTC] [AMC-PT] 20 @ 0.001999 = 0.04 BTC [+] [20:41]
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jurov i see mostly O.USD.C113T/O.USD.C107T... if the weren't shorted, means nice dividend for s.mpoe [20:42]
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jurov ofc, also if price keeps stable [20:43]
jurov no they weren't shorted. iirc mp said shorts don't go into OIX. [20:44]
jurov hm, 715 of O.USD.P095T, 655 O.USD.P101T sold? but they most likely aren't in money as well [20:46]
* Lee-- is now known as Lee- [20:46]
assbot [BTCTC] [BTC-BOND] 10 @ 0.009998 = 0.1 BTC [+] [20:47]
jurov i do... but not mine [20:48]
ThickAsThieves whose large balls do you have jurov? [20:48]
ThickAsThieves :) [20:48]
assbot [BTCTC] [AMC-PT] 3 @ 0.002 = 0.006 BTC [+] [20:49]
assbot [BTCTC] [AMC-PT] 17 @ 0.002 = 0.034 BTC [+] [20:49]
assbot [BTCTC] [AMC-PT] 75 @ 0.001998 = 0.1499 BTC [-] [20:49]
assbot [BTCTC] [AMC-PT] 233 @ 0.001935 = 0.4509 BTC [-] [20:49]
assbot [BTCTC] [AMC-PT] 12 @ 0.0019 = 0.0228 BTC [-] [20:49]
assbot [BTCTC] [AMC-PT] 483 @ 0.00189 = 0.9129 BTC [-] [20:49]
assbot [HAVELOCK] [SDICE] 1 @ 0.20759998 BTC [+] [20:50]
jurov what would govt accuse me of? i'm just humble service provider [20:50]
ThickAsThieves i had no idea... [20:50]
jurov somalia [20:50]
mircea_popescu yeah oix is long only [20:50]
jurov yes they do. apparently the warlords even managed to maintain functional cellphone network [20:52]
jurov yes. some libertard even really use that as an argument that "it's possible" [20:52]
jurov never mind some luxuries as tap water or so [20:53]
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jurov flaying goat [20:54]
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rulother Sounds like the life [20:55]
jurov which part of world do you fly to? [20:55]
jurov so we know what to nuke from orbit [20:55]
rulother NZ sounds nice at least [20:56]
kakobrekla you gonna water the park? i thought the city workers take care of that. [20:57]
assbot [BTCTC] [TAT.ASICMINER] 54 @ 0.0435 = 2.349 BTC [-] [20:57]
assbot [BTCTC] [TAT.ASICMINER] 46 @ 0.0435 = 2.001 BTC [-] [20:58]
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assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.004651 BTC [-] [21:01]
assbot [BTCTC] [TAT.VIRTUALMINE] 8 @ 0.00465 = 0.0372 BTC [-] [21:01]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.425 = 8.85 BTC [+] [21:01]
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assbot [BTCTC] [DMS.MINING] 18 @ 0.019276 = 0.347 BTC [+] [21:10]
assbot [BTCTC] [DMS.MINING] 16 @ 0.019279 = 0.3085 BTC [+] [21:10]
assbot [BTCTC] [TAT.VIRTUALMINE] 3 @ 0.004744 = 0.0142 BTC [+] [21:11]
assbot [BTCTC] [DMS.MINING] 27 @ 0.019497 = 0.5264 BTC [+] [21:11]
assbot [BTCTC] [DMS.MINING] 25 @ 0.019498 = 0.4875 BTC [+] [21:12]
* terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets [21:12]
assbot [BTCTC] [DMS.MINING] 14 @ 0.019499 = 0.273 BTC [+] [21:12]
assbot [BTCTC] [DMS.MINING] 12 @ 0.019499 = 0.234 BTC [+] [21:12]
assbot [BTCTC] [DMS.MINING] 24 @ 0.019499 = 0.468 BTC [+] [21:12]
assbot [BTCTC] [TAT.ASICMINER] 28 @ 0.0435 = 1.218 BTC [-] [21:15]
assbot [BTCTC] [TAT.ASICMINER] 56 @ 0.043002 = 2.4081 BTC [-] [21:15]
assbot [BTCTC] [TAT.ASICMINER] 16 @ 0.043001 = 0.688 BTC [-] [21:15]
assbot [BTCTC] [RSM] 10 @ 0.016006 = 0.1601 BTC [+] [21:16]
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assbot [BTCTC] [DMS.SELLING] 1 @ 0.030998 BTC [+] [21:22]
* matthew_boyd (519fee4e@gateway/web/freenode/ip.81.159.238.78) has joined #bitcoin-assets [21:22]
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assbot [BTCTC] [DMS.PURCHASE] 10 @ 0.048997 = 0.49 BTC [+] [21:25]
assbot [BTCTC] [TAT.VIRTUALMINE] 3 @ 0.00459 = 0.0138 BTC [-] [21:27]
* PhantomSpark|2 (~kvirc@pool-71-251-16-105.nycmny.fios.verizon.net) has joined #bitcoin-assets [21:27]
assbot [BTCTC] [TAT.VIRTUALMINE] 73 @ 0.004582 = 0.3345 BTC [-] [21:28]
assbot [HAVELOCK] [ASICM] 5 @ 0.0444 = 0.222 BTC [-] [21:28]
mircea_popescu omfg look at all the stuff people said about me while i was away! [21:29]
ThickAsThieves hehe [21:29]
mircea_popescu mjr_ of course it' [21:29]
ThickAsThieves scammers don't get to speak for themselves! [21:29]
mircea_popescu s different if there's 1 day or 30 days left man. [21:29]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.004581 BTC [-] [21:29]
assbot [BTCTC] [TAT.VIRTUALMINE] 1 @ 0.00458 BTC [-] [21:29]
assbot [BTCTC] [BITVPS] 5 @ 0.0022 = 0.011 BTC [-] [21:33]
assbot [HAVELOCK] [ASICM] 5 @ 0.044 = 0.22 BTC [-] [21:34]
assbot [HAVELOCK] [ASICM] 25 @ 0.04385 = 1.0963 BTC [-] [21:34]
assbot [HAVELOCK] [ASICM] 9 @ 0.04381 = 0.3943 BTC [-] [21:34]
assbot [HAVELOCK] [ASICM] 1 @ 0.0431 BTC [-] [21:34]
assbot [HAVELOCK] [ASICM] 1 @ 0.0422001 BTC [-] [21:34]
assbot [HAVELOCK] [ASICM] 109 @ 0.04210001 = 4.5889 BTC [-] [21:34]
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assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.04355 BTC [+] [21:36]
* PhantomSpark|2 has quit (Ping timeout: 260 seconds) [21:37]
assbot [BTCTC] [DMS.MINING] 3 @ 0.019499 = 0.0585 BTC [+] [21:40]
assbot [BTCTC] [DMS.MINING] 2 @ 0.019499 = 0.039 BTC [+] [21:43]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.39 = 8.78 BTC [-] [21:43]
mircea_popescu ThickAsThieves finally found it! [21:44]
mircea_popescu it wasnt an article, it was a comment [21:44]
mircea_popescu "I don’t think it’s either practical nor feasible nor even desirable to use Bitcoin in the day to day dabble of pizzas, phone credits, hairspray and sneakers" [21:44]
mircea_popescu http://polimedia.us/trilema/2013/bitcoin-prices-bitcoin-inflexibility/#comment-92015 [21:44]
ozbot Bitcoin prices, Bitcoin inflexibility pe Trilema - Un blog de Mircea Popescu. [21:45]
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assbot [BTCTC] [BITVPS] 25 @ 0.0022 = 0.055 BTC [-] [21:46]
ThickAsThieves new mpex slogan? [21:47]
ThickAsThieves Risk is a Luxury [21:48]
mircea_popescu hehe i couldn't take the credit for that one. [21:48]
assbot [BTCTC] [TAT.VIRTUALMINE] 16 @ 0.00474 = 0.0758 BTC [+] [21:49]
ThickAsThieves so how does it play out then? a horde of bitcoiners trying to use bitcoin as a currency and molding it to such [21:50]
ThickAsThieves and bitcoiners vulutring over the fiat exchange rate [21:50]
ThickAsThieves does it all end with them failing and the powerful holding most of the coin? [21:51]
ThickAsThieves "end" [21:51]
ThickAsThieves this is why i call it risk as a luxury [21:51]
ThickAsThieves because if you are right, it's a a pretty big risk play [21:51]
ThickAsThieves assuming it will end up as you imagine [21:52]
assbot [BTCTC] [TAT.VIRTUALMINE] 17 @ 0.00474 = 0.0806 BTC [+] [21:52]
mircea_popescu bitcoin can't be moulded tho is the thing. [21:52]
mircea_popescu they'll mould themselves. [21:53]
mircea_popescu people like to think of bitcoin in terms of it being a thing, like an iphone. [21:53]
mircea_popescu however, this is not the case. bitcoin is in fact a law, like gravity, [21:53]
ThickAsThieves the way i start explaining to people usually begins with, [21:54]
mircea_popescu in no sense under the control of it's "inventor", who's in fact a discoveror. [21:54]
ThickAsThieves "yknow what the invention of the internet did to business and communication? it's like that for money" [21:54]
mircea_popescu something of the sort yes [21:54]
mircea_popescu i prefer anal sex. [21:54]
ThickAsThieves lol [21:54]
mircea_popescu whenever people want to know who satoshi really was... well.. he was the ONE DUDE who invented sticking it in the poop[er. [21:55]
ThickAsThieves this changes everything! [21:55]
matthew_boyd mircea_popescu, you come out with some crazy shit sometimes, but because it's interesting, I stay :P [21:55]
mircea_popescu now... make it illegal today and you'll make it mandatory tomorrow. [21:55]
mircea_popescu matthew_boyd i think you speak for most people here when you say that. [21:55]
matthew_boyd haha, I gathered that : ) [21:56]
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assbot [BTCTC] [TAT.ASICMINER] 3 @ 0.043551 = 0.1307 BTC [+] [22:03]
assbot [BTCTC] [DMS.PURCHASE] 1 @ 0.048997 BTC [+] [22:03]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.04355 = 0.0871 BTC [-] [22:03]
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assbot [BTCTC] [TAT.ASICMINER] 10 @ 0.0437 = 0.437 BTC [+] [22:13]
assbot [BTCTC] [DMS.PURCHASE] 25 @ 0.048997 = 1.2249 BTC [+] [22:13]
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assbot [BTCTC] [TAT.VIRTUALMINE] 96 @ 0.004461 = 0.4283 BTC [-] [22:19]
assbot [BTCTC] [TAT.VIRTUALMINE] 50 @ 0.00446 = 0.223 BTC [-] [22:19]
assbot [BTCTC] [TAT.VIRTUALMINE] 12 @ 0.004453 = 0.0534 BTC [-] [22:19]
assbot [BTCTC] [TAT.VIRTUALMINE] 5 @ 0.00445 = 0.0223 BTC [-] [22:19]
assbot [BTCTC] [TAT.VIRTUALMINE] 35 @ 0.0044 = 0.154 BTC [-] [22:19]
assbot [BTCTC] [TAT.VIRTUALMINE] 21 @ 0.0044 = 0.0924 BTC [-] [22:19]
assbot [BTCTC] [AMC-PT] 20 @ 0.00212 = 0.0424 BTC [+] [22:19]
* Pucilowski_ (~pucilowsk@quassel.woboq.de) has joined #bitcoin-assets [22:20]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.1899 BTC [+] [22:22]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.194617 BTC [+] [22:22]
assbot [BTCTC] [BASIC-MINING] 4 @ 0.1998 = 0.7992 BTC [+] [22:22]
assbot [BTCTC] [BASIC-MINING] 4 @ 0.1999 = 0.7996 BTC [+] [22:22]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.199999 = 2 BTC [+] [22:23]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.2 = 2 BTC [+] [22:23]
assbot [BTCTC] [BASIC-MINING] 40 @ 0.2 = 8 BTC [+] [22:23]
* terryww has quit (Read error: Connection reset by peer) [22:23]
assbot [BTCTC] [DMS.SELLING] 1 @ 0.0308 BTC [-] [22:23]
ThickAsThieves ;;bcstats [22:25]
gribble Current Blocks: 245529 | Current Difficulty: 2.1335329113983E7 | Next Difficulty At Block: 245951 | Next Difficulty In: 422 blocks | Next Difficulty In About: 2 days, 6 hours, 27 minutes, and 5 seconds | Next Difficulty Estimate: 25656761.3422 | Estimated Percent Change: 20.25482 [22:25]
assbot [BTCTC] [BASIC-MINING] 3 @ 0.2 = 0.6 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 11 @ 0.2 = 2.2 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 5 @ 0.2 = 1 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.2 = 2 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.205 = 2.05 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 12 @ 0.2092 = 2.5104 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 12 @ 0.21 = 2.52 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 20 @ 0.21 = 4.2 BTC [+] [22:27]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.211 = 0.422 BTC [+] [22:27]
assbot [BTCTC] [GSDPT] 100 @ 0.002011 = 0.2011 BTC [+] [22:28]
* benkay (~benkay@67.50.19.230) has joined #bitcoin-assets [22:28]
assbot [BTCTC] [BASIC-MINING] 8 @ 0.215 = 1.72 BTC [+] [22:28]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.215 = 0.43 BTC [+] [22:29]
assbot [BTCTC] [BASIC-MINING] 50 @ 0.219999 = 11 BTC [+] [22:29]
* topace_ (~asdfasdfq@unaffiliated/topace) has joined #bitcoin-assets [22:31]
assbot [BTCTC] [AMC-PT] 87 @ 0.00212 = 0.1844 BTC [+] [22:31]
assbot [BTCTC] [AMC-PT] 30 @ 0.00212 = 0.0636 BTC [+] [22:32]
* B0g4r7 has quit (Ping timeout: 246 seconds) [22:32]
assbot [BTCTC] [AMC-PT] 25 @ 0.002125 = 0.0531 BTC [+] [22:33]
assbot [BTCTC] [AMC-PT] 30 @ 0.002125 = 0.0638 BTC [+] [22:33]
* Chilca has quit (Remote host closed the connection) [22:33]
* B0g4r7 (natty@186.sub-75-243-44.myvzw.com) has joined #bitcoin-assets [22:33]
assbot [BTCTC] [AMC-PT] 12 @ 0.00213 = 0.0256 BTC [+] [22:34]
assbot [BTCTC] [AMC-PT] 100 @ 0.00215 = 0.215 BTC [+] [22:35]
assbot [BTCTC] [AMC-PT] 45 @ 0.00215 = 0.0968 BTC [+] [22:35]
assbot [BTCTC] [TAT.ASICMINER] 4 @ 0.0438 = 0.1752 BTC [+] [22:35]
assbot [BTCTC] [COGNITIVE] 1 @ 0.270001 BTC [-] [22:39]
assbot [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+] [22:39]
* terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets [22:40]
ThickAsThieves http://www.theverge.com/2013/7/8/4503946/commerce-department-unnecessary-cybersecurity-computer-destruction [22:40]
ozbot US Commerce Department destroyed $170,000 worth of TVs, mice, and more to root out malware | The Ver [22:40]
ThickAsThieves "The department destroyed over $170,000 worth of equipment in the process, including printers, TVs, and mice, and only stopped destroying them when its disposal budget ran out. But, as the department's own auditor put it, "The destruction of IT components was clearly unnecessary." Indeed, throwing away computer mice seems like a poor approach to ridding an organization of digital [22:41]
ThickAsThieves threats." [22:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.4 BTC [+] [22:43]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.4 = 8.8 BTC [+] [22:43]
assbot [BTCTC] [DMS.PURCHASE] 15 @ 0.048997 = 0.735 BTC [+] [22:43]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.0438 = 0.0876 BTC [+] [22:43]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.22 BTC [+] [22:43]
assbot [BTCTC] [TAT.VIRTUALMINE] 16 @ 0.00474 = 0.0758 BTC [+] [22:44]
* topace has quit (Ping timeout: 240 seconds) [22:47]
Namworld ... [22:48]
assbot [BTCTC] [BASIC-MINING] 49 @ 0.22 = 10.78 BTC [+] [22:48]
* topace_ has quit (Ping timeout: 246 seconds) [22:48]
* ericmuyser (~ericmuyse@38.108.79.116) has joined #bitcoin-assets [22:49]
Namworld Perhaps it was unnecessary to destroy all that equipment. But do you know what was necessary? [22:50]
assbot [BTCTC] [BASIC-MINING] 15 @ 0.239999 = 3.6 BTC [+] [22:51]
Namworld I think you can guess where I'm going with that... [22:51]
* topace (~topace@184.151.127.198) has joined #bitcoin-assets [22:53]
* topace is now known as Guest99754 [22:53]
* Guest99754 is now known as topace_ [22:53]
* topace_ has quit (Changing host) [22:54]
* topace_ (~topace@unaffiliated/topace) has joined #bitcoin-assets [22:54]
* chsados has quit (Quit: Leaving) [22:54]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.424988 BTC [+] [22:54]
benkay what, you don't install MacAffee on your mice? [22:56]
* benkay has quit (Quit: This computer has gone to sleep) [22:57]
assbot [BTCTC] [BASIC-MINING] 29 @ 0.239999 = 6.96 BTC [+] [22:57]
rulother Man basic has been rising quite a bit recently [22:58]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.425 BTC [+] [22:59]
* daybyter has quit (Quit: Konversation terminated!) [23:05]
* topace_ has quit (Quit: This computer has gone to sleep) [23:06]
* topace_ (~topace@184.151.127.198) has joined #bitcoin-assets [23:07]
assbot [BTCTC] [TAT.ASICMINER] 12 @ 0.043003 = 0.516 BTC [-] [23:08]
assbot [BTCTC] [TAT.ASICMINER] 19 @ 0.0438 = 0.8322 BTC [+] [23:08]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.239999 = 0.48 BTC [+] [23:08]
assbot [BTCTC] [TAT.ASICMINER] 12 @ 0.043799 = 0.5256 BTC [-] [23:09]
assbot [BTCTC] [TAT.ASICMINER] 25 @ 0.0439 = 1.0975 BTC [+] [23:09]
* ardeay__ (~Jetscram@wsip-174-79-250-227.sd.sd.cox.net) has joined #bitcoin-assets [23:10]
* ericmuyser has quit (Remote host closed the connection) [23:11]
* ericmuyser (~ericmuyse@38.108.79.116) has joined #bitcoin-assets [23:11]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.358515 BTC [-] [23:12]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.358 BTC [-] [23:12]
assbot [BTCTC] [ASICMINER-PT] 2 @ 4.357009 = 8.714 BTC [-] [23:13]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.357009 BTC [-] [23:13]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.23 BTC [-] [23:15]
* ericmills has quit (Quit: ericmills) [23:15]
* ericmuyser has quit (Ping timeout: 240 seconds) [23:15]
assbot [BTCTC] [BASIC-MINING] 54 @ 0.239999 = 12.9599 BTC [+] [23:16]
assbot [BTCTC] [BASIC-MINING] 20 @ 0.24 = 4.8 BTC [+] [23:16]
assbot [BTCTC] [BASIC-MINING] 30 @ 0.18 = 5.4 BTC [-] [23:17]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.357009 BTC [-] [23:17]
assbot [BTCTC] [BASIC-MINING] 15 @ 0.244 = 3.66 BTC [+] [23:18]
* topace_ has quit (Quit: This computer has gone to sleep) [23:18]
assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.043005 BTC [-] [23:21]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.043005 = 0.086 BTC [-] [23:21]
* topace_ (~topace@ottawa-hs-69-20-234-37.s-ip.magma.ca) has joined #bitcoin-assets [23:22]
* peterl_ (d8634153@gateway/web/freenode/ip.216.99.65.83) has joined #bitcoin-assets [23:24]
* topace__ (~topace@gateway/tor-sasl/topace) has joined #bitcoin-assets [23:24]
assbot [BTCTC] [BFMINES] 1000 @ 0.00399 = 3.99 BTC [+] [23:26]
assbot [BTCTC] [COGNITIVE] 1 @ 0.27 BTC [-] [23:26]
* topace_ has quit (Changing host) [23:27]
* topace_ (~topace@unaffiliated/topace) has joined #bitcoin-assets [23:27]
assbot [BTCTC] [TAT.ASICMINER] 1 @ 0.043005 BTC [-] [23:27]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.243 = 0.486 BTC [-] [23:28]
assbot [HAVELOCK] [ASICM] 15 @ 0.043985 = 0.6598 BTC [+] [23:31]
* topace_ has quit (Read error: Connection reset by peer) [23:31]
assbot [BTCTC] [AMC-PT] 55 @ 0.00215 = 0.1183 BTC [+] [23:32]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.243 BTC [-] [23:32]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.2475 = 2.475 BTC [+] [23:32]
* topace__ has quit (Ping timeout: 240 seconds) [23:33]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.357008 BTC [-] [23:33]
assbot [BTCTC] [ASICMINER-PT] 1 @ 4.357008 BTC [-] [23:33]
* benkay (~benkay@67.50.19.230) has joined #bitcoin-assets [23:33]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.2475 = 2.475 BTC [+] [23:35]
* PsychoticBoy has quit (Ping timeout: 264 seconds) [23:36]
* saulimus has quit (Ping timeout: 246 seconds) [23:36]
assbot [BTCTC] [RSM] 5 @ 0.016006 = 0.08 BTC [+] [23:36]
* ecapot (~ecapot@unaffiliated/topace) has joined #bitcoin-assets [23:36]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [23:37]
* PsychoticBoy has quit (Changing host) [23:37]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [23:37]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.043899 = 0.0878 BTC [+] [23:41]
* PsychoticBoy has quit (Ping timeout: 248 seconds) [23:43]
* ecapot is now known as topace [23:44]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [23:45]
assbot [BTCTC] [TAT.ASICMINER] 12 @ 0.043007 = 0.5161 BTC [-] [23:46]
assbot [BTCTC] [CRYPTO-TRADE] 1 @ 0.1991 BTC [-] [23:47]
* ericmuyser (~ericmuyse@d206-116-204-133.bchsia.telus.net) has joined #bitcoin-assets [23:47]
assbot [BTCTC] [AMC-PT] 100 @ 0.001892 = 0.1892 BTC [-] [23:49]
assbot [BTCTC] [AMC-PT] 200 @ 0.001891 = 0.3782 BTC [-] [23:50]
* topace has quit (Read error: Connection reset by peer) [23:50]
assbot [BTCTC] [AMC-PT] 200 @ 0.001891 = 0.3782 BTC [-] [23:50]
assbot [BTCTC] [AMC-PT] 110 @ 0.00189 = 0.2079 BTC [-] [23:50]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.287998 = 0.576 BTC [+] [23:51]
assbot [HAVELOCK] [HIM] 2 @ 0.3003 = 0.6006 BTC [-] [23:51]
assbot [BTCTC] [CRYPTO-TRADE] 1 @ 0.199 BTC [-] [23:52]
assbot [BTCTC] [BASIC-MINING] 5 @ 0.287999 = 1.44 BTC [+] [23:52]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.287999 BTC [+] [23:53]
assbot [BTCTC] [TAT.VIRTUALMINE] 25 @ 0.004729 = 0.1182 BTC [-] [23:54]
assbot [BTCTC] [DMS.MINING] 1 @ 0.019249 BTC [-] [23:55]
assbot [BTCTC] [DMS.MINING] 1 @ 0.019249 BTC [-] [23:55]
assbot [BTCTC] [DMS.MINING] 9 @ 0.01925 = 0.1733 BTC [+] [23:55]
* ericmuyser has quit (Read error: Connection reset by peer) [23:57]
* ericmuyser (~ericmuyse@d206-116-204-133.bchsia.telus.net) has joined #bitcoin-assets [23:58]
assbot [BTCTC] [TAT.ASICMINER] 18 @ 0.043007 = 0.7741 BTC [-] [23:58]
assbot [BTCTC] [TAT.ASICMINER] 2 @ 0.043007 = 0.086 BTC [-] [23:59]
* benkay has quit (Quit: This computer has gone to sleep) [23:59]
Category: Logs
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