Forum logs for 14 Dec 2012

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

kakobrekla	what forums needs is global shitlist groups	[00:00]
kakobrekla	so you have a bfl group and a mpex group and a hmm...	[00:00]
kakobrekla	and each group has a common ignore list	[00:01]
mircea_popescu	lol	[00:01]
kakobrekla	then just decide whose camp you join	[00:01]
mircea_popescu	lets make forums more like highschool	[00:01]
*	Azelphur has quit (Excess Flood)	[00:01]
dub	it needs a wot	[00:01]
dub	web of tards	[00:01]
mircea_popescu	dub they wouldn't know how to use it	[00:01]
mircea_popescu	which is also true of cunt.	[00:01]
*	gru2 has quit (Ping timeout: 252 seconds)	[00:01]
mircea_popescu	incidentally, anyone here capable of explaining ripple to me ?	[00:02]
mircea_popescu	cause it seems massively retarded.	[00:02]
dub	ignore if ignored by n*people I dont ignore	[00:02]
dub	bootstrap it with big list of tards (ie ~half the people on there)	[00:03]
mircea_popescu	you'd get bored tho	[00:03]
mircea_popescu	i think half the fun for ppl is the tards	[00:03]
*	Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets	[00:05]
dub	yeah but you have a slider that controls n	[00:06]
dub	adjust if you are looking for info or a laugh at some tards	[00:06]
*	lyspooner has quit (Remote host closed the connection)	[00:09]
jurov	someone needs to sell shirt with btc logo on front and "Every Day I Write Here The Name Of Someone Who Scammed Me" on back	[00:09]
Diablo-D3	jesus	[00:10]
mircea_popescu	dub : https://bitcointalk.org/index.php?topic=130264.msg1398343 point in case	[00:10]
Diablo-D3	it'd be full by the end of the week	[00:10]
jcpham	i'm not sure about ripple mircea_popescu	[00:10]
mircea_popescu	I use Linux since 2001, so I know my stuff	[00:10]
mircea_popescu	I just noticed the password is saved in my phone's browser.	[00:10]
Diablo-D3	DMC would need like 3 tshirts just to start with	[00:10]
jcpham	almsot seems like a way to extend credit in a p2p manner	[00:11]
mircea_popescu	jcpham what sense does that make ?	[00:11]
jcpham	no clue	[00:11]
jcpham	like p2p fractional reserve	[00:11]
Diablo-D3	heh	[00:12]
mircea_popescu	so basically this has all the disadvantages of getting married	[00:13]
jcpham	hahaha	[00:13]
mircea_popescu	and as an extra bonus, you don't marry a hot chick.	[00:13]
mircea_popescu	sounds like a winner.	[00:13]
mircea_popescu	ifyou do credit might as well have a centra lbank.	[00:13]
Diablo-D3	I dont see why we keep trying to loan money	[00:14]
Diablo-D3	I mean, loaning money to businesses is one thing, loaning it to private citizens is another	[00:14]
mircea_popescu	i don't see the sense of btc loans either.	[00:14]
Diablo-D3	the reason the world financial system is falling apart is because we keep loaning people money	[00:14]
Diablo-D3	why repeat it with BTC	[00:14]
jcpham	iirc ripple allows o fund from many currencies	[00:14]
Diablo-D3	without all the fake bank fees, most of america would have a shitload of money	[00:15]
jcpham	so your stash would be how to vouch for other people or something?	[00:15]
Diablo-D3	the average american has $50k in debt	[00:15]
jcpham	i don't get it either because loaning people money has already burned me	[00:15]
Diablo-D3	the average american pays more than $50k of interest and fees in their lifetime	[00:15]
jcpham	i leverage my debt is funny USD all the time	[00:16]
jcpham	to increase my position	[00:16]
jcpham	i don't see how it works in ripple though	[00:16]
jcpham	seems rife for theft	[00:16]
jcpham	and fraud	[00:16]
*	jcpham has actually asked a bank for a half-mil	[00:17]
jcpham	and they gave it to me!	[00:17]
Diablo-D3	wait, what?	[00:17]
jcpham	do you not have a mortgage	[00:18]
jcpham	my bank owns my half-million dollar home	[00:18]
jcpham	until i pay them bank	[00:18]
Namjies	Ah, well if the lend it on a house...	[00:18]
jcpham	however now i have an expensive house to borrow against	[00:18]
Namjies	wait...	[00:19]
Namjies	nvm	[00:19]
Namjies	Buy lotta bitcoins now.	[00:19]
Diablo-D3	jcpham: oh, thats not real money	[00:19]
Diablo-D3	I thought you meant they loaned you half a mil in real money	[00:19]
jcpham	free money	[00:20]
Diablo-D3	not free, now they can come and take your house any time they wish	[00:20]
jcpham	;p	[00:20]
Diablo-D3	seriously, all they have to do is go to a court, claim you failed to pay your mortgage for several months, and then give a false address to ship the court notice to	[00:20]
mircea_popescu	Diablo-D3 you know foreclosure is a net loss for a bank	[00:21]
Diablo-D3	you fail to show up to a court case you never were informed of, the bank gets a default judgement, then begins eviction	[00:21]
Diablo-D3	mircea_popescu: it should be illegal, really	[00:21]
Diablo-D3	why should a bank get the assets	[00:22]
Diablo-D3	if anything, the government should	[00:22]
*	Luceo has quit (Ping timeout: 276 seconds)	[00:22]
Diablo-D3	in virtually all cases, the government loaned the money to the bank to loan out in the first place	[00:23]
Namjies	By that logic, why not abolish banks and replace them with government owned banks? And extend that logic to just everything else?	[00:24]
Namjies	Cause all the money used to buy everything is the property of the government to start with so why wouldn't it own everything bought with it?	[00:24]
mircea_popescu	https://bitcointalk.org/index.php?topic=130643.0	[00:24]
mircea_popescu	seems mtgox btc deposits down	[00:24]
Diablo-D3	Namjies: well, we already DID do that	[00:24]
Diablo-D3	we replaced the entire industry with a piece of software	[00:25]
mircea_popescu	Cause all the money used to buy everything is the property of the government to start with so why wouldn't it own everything bought with it? << bullshit.	[00:25]
Diablo-D3	Namjies: and no, if I have $10 actual dollars in my pocket, its mine	[00:25]
Diablo-D3	banks, unless they're very small regional banks or they're credit unions, are in debt to the government	[00:25]
*	Luceo (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets	[00:25]
Diablo-D3	and that was pre-bailout	[00:25]
jcpham	i agree about it not being real money though	[00:28]
Namjies	Yes, so maybe instead the right thing to do would be not print money and give it to banks all the time.	[00:28]
Diablo-D3	well, "we" dont	[00:29]
Diablo-D3	the federal reserve does, which illegally prints money	[00:29]
dub	ITC: man that lives with his mom gives property investing advice	[00:29]
Namjies	Does "real money" actually exist?	[00:29]
jcpham	wow that's deep	[00:30]
Namjies	All money is always something we greatly overvalue compared to their inherent use or even complete uselessness. All for the sake of easier trading.	[00:31]
mircea_popescu	dub lol	[00:31]
*	leotreasure (~leotreasu@110-174-7-79.tpgi.com.au) has joined #bitcoin-assets	[00:31]
Namjies	No money has inherently the value it represents. It's all symbolic and trust.	[00:31]
Diablo-D3	dub: who?	[00:31]
dub	Diablo-D3: I don't know who else here lives with his mom and gives property investign advice	[00:32]
Diablo-D3	mircea_popescu?	[00:32]
mircea_popescu	hm?	[00:33]
dub	he gave property advice?	[00:33]
Diablo-D3	dub: I dunno, who here is young enough to live with their mother?	[00:33]
dub	are you trying to say that you finally moved out?	[00:33]
Diablo-D3	moved out of where?	[00:33]
*	Diablo-D3 thinks dub is failtrolling	[00:34]
dub	last count you lived with your mom	[00:34]
Diablo-D3	my mom died of cancer.	[00:35]
Diablo-D3	good job there, dub.	[00:35]
dub	of course she did	[00:35]
dub	you need to bait less obviously	[00:35]
dub	but im sorry for your loss man	[00:35]
mircea_popescu	this is going well	[00:35]
*	dub gives Diablo-D3 a hug and friendly reacharound	[00:37]
Diablo-D3	I knew it! Dub works for bfl!	[00:39]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00059604 = 2.5755 BTC [-]	[00:43]
assbot	[MPEX] [S.MPOE] 15006 @ 0.00059589 = 8.9419 BTC [-]	[00:43]
dub	oh fuck	[00:43]
dub	lol I just fucked up	[00:44]
Ukto	lol	[00:44]
dub	fuck	[00:44]
dub	accidentally defaulted a whole router instead of just one of teh redundant routing engines	[00:48]
Ukto	what routing software are you using?	[00:49]
jcpham	relamen do it in assembly	[00:50]
dub	junos	[00:50]
markedathome	dub: sure you don't want to work for google?	[00:54]
dub	lolwat?	[00:55]
*	davout has quit (Remote host closed the connection)	[00:55]
assbot	[MPEX] [S.DICE] 1900 @ 0.003395 = 6.4505 BTC [+]	[00:56]
assbot	[MPEX] [S.MPOE] 4000 @ 0.00059589 = 2.3836 BTC [-]	[00:56]
dub	markedathome: I know some people in GOOGs network team, not sure I'd qualify	[00:57]
markedathome	google's crash earlier this week was due to misconfigured routing engines (for the chrome sync I think)	[00:57]
dub	oh	[00:57]
markedathome	i would hate to be on the SRE teams... "oh let's pull this out and see what happens to the live system"	[00:58]
assbot	[MPEX] [S.MPOE] 5139 @ 0.00059618 = 3.0638 BTC [+]	[00:58]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00059707 = 2.5799 BTC [+]	[00:58]
assbot	[MPEX] [S.MPOE] 16340 @ 0.0005972 = 9.7582 BTC [+]	[00:58]
assbot	[MPEX] [S.MPOE] 484 @ 0.0005972 = 0.289 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 17798 @ 0.0005996 = 10.6717 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 8586 @ 0.00060161 = 5.1654 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 18714 @ 0.00060161 = 11.2585 BTC [+]	[01:09]
assbot	[MPEX] [S.MPOE] 2864 @ 0.00060403 = 1.7299 BTC [+]	[01:11]
assbot	[MPEX] [S.MPOE] 5826 @ 0.00060692 = 3.5359 BTC [+]	[01:11]
*	drug_motor has quit (Ping timeout: 265 seconds)	[01:22]
pigeons	scammers could get btcjam front scam ideas here: http://www.crowdcube.com/investment/bike-leasing-company-ltd-12291	[01:26]
*	drug_motor (~LHC@c-50-133-173-172.hsd1.ct.comcast.net) has joined #bitcoin-assets	[01:34]
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Bugpowder	The unlickiest S.DICE player? http://blockchain.info/charts/balance?address=1B5h9sf6xNLYGa3NBk48hwYbxyNZ22PRJk	[01:35]
Bugpowder	Another 1800 profit for S.DICE in the last 20 minutes	[01:36]
*	gigavps (~gigavps@184.89.201.201) has joined #bitcoin-assets	[01:36]
Namjies	How do you check actual profits?	[01:39]
Bugpowder	Pull the data into an excel spread sheet and add the columns	[01:42]
Bugpowder	http://satoshidice.com/lookup.php?tx=&limit=1000&min_bet=10&status=ALL	[01:42]
Bugpowder	Dooglas does a more complete job	[01:42]
Bugpowder	but this is good for the periods in between posts.	[01:43]
*	OgNasty (~OgNasty@ip72-201-191-190.ph.ph.cox.net) has joined #bitcoin-assets	[01:50]
OgNasty	Hello	[01:51]
*	da2ce7 has quit (Read error: Connection reset by peer)	[01:51]
kakobrekla	hi	[01:53]
*	Bugpowder has quit (Quit: Page closed)	[01:54]
OgNasty	Any NastyFans in here?	[01:55]
kakobrekla	came for your glory?	[01:57]
*	da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets	[01:57]
OgNasty	Came to answer any questions folks might have. Live with the Og...	[01:57]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060625 = 2.6196 BTC [-]	[01:58]
assbot	[MPEX] [S.MPOE] 9429 @ 0.00060609 = 5.7148 BTC [-]	[01:58]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060632 = 2.6199 BTC [+]	[02:00]
assbot	[MPEX] [S.MPOE] 2829 @ 0.00060609 = 1.7146 BTC [-]	[02:00]
pigeons	OgNasty: are you gonna list on bitfunder?	[02:00]
Ukto	hey og	[02:00]
Ukto	hows thew nw club? :)	[02:00]
OgNasty	pigeons: bitfunder looked illegal to me... just like GLBSE...	[02:02]
pigeons	ok then	[02:02]
OgNasty	I have no desire to trust another random stranger with an illegal operation.	[02:02]
OgNasty	Perhaps a pass-thru in the future maybe...	[02:02]
OgNasty	Ukto: The club is going great so far.	[02:02]
OgNasty	Far superior to any competition.	[02:02]
kakobrekla	competition to what?	[02:03]
OgNasty	kakobrekla: Exactly.	[02:05]
OgNasty	https://bitcointalk.org/index.php?topic=86854.0	[02:06]
OgNasty	kakobrekla: Link to topic of discussion.	[02:06]
*	gigavps has quit ()	[02:10]
OgNasty	Even gigavps runs in fear. lol	[02:11]
OgNasty	Looks like that's all the questions...	[02:14]
OgNasty	Take care bitcoiners. Stay safe.	[02:14]
kakobrekla	we are asseteers.	[02:15]
OgNasty	bitcoin-asseteers	[02:15]
*	OgNasty has quit ()	[02:16]
dub	the mighty corolla once again has a contiguous exhaust system	[02:16]
dub	no longer giving the impression of a passenger jet driving down teh road	[02:17]
assbot	[MPEX] [S.DICE] 1750 @ 0.00332571 = 5.82 BTC [-]	[02:18]
assbot	[MPEX] [S.MPOE] 22850 @ 0.00060609 = 13.8492 BTC [-]	[02:21]
dub	http://www.masswerk.at/google60/	[02:32]
assbot	[MPEX] [S.MPOE] 6692 @ 0.00060609 = 4.056 BTC [-]	[02:38]
kakobrekla	too slow	[02:38]
Diablo-D3	"Don't worry, I was trained by special ops." "I don't care if you were trained by ninjas, my mother has eyes in the back of YOUR head"	[02:40]
*	PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets	[02:41]
*	PsychoticBoy has quit (Changing host)	[02:41]
*	PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets	[02:41]
*	da2ce7 has quit (Ping timeout: 250 seconds)	[02:41]
assbot	[MPEX] [S.MPOE] 19608 @ 0.00060583 = 11.8791 BTC [-]	[02:49]
assbot	[MPEX] [S.MPOE] 7042 @ 0.00060692 = 4.2739 BTC [+]	[02:49]
assbot	[MPEX] [S.MPOE] 1667 @ 0.00060264 = 1.0046 BTC [-]	[02:52]
assbot	[MPEX] [S.MPOE] 1763 @ 0.00060127 = 1.06 BTC [-]	[02:52]
assbot	[MPEX] [S.MPOE] 17700 @ 0.00060127 = 10.6425 BTC [-]	[02:54]
assbot	[MPEX] [S.MPOE] 2437 @ 0.00060127 = 1.4653 BTC [-]	[03:01]
assbot	[MPEX] [S.MPOE] 20400 @ 0.00060124 = 12.2653 BTC [-]	[03:01]
assbot	[MPEX] [S.MPOE] 9013 @ 0.00059816 = 5.3912 BTC [-]	[03:01]
assbot	[MPEX] [S.MPOE] 2487 @ 0.00059816 = 1.4876 BTC [-]	[03:07]
assbot	[MPEX] [S.MPOE] 6644 @ 0.00059589 = 3.9591 BTC [-]	[03:07]
assbot	[MPEX] [S.MPOE] 17266 @ 0.00059431 = 10.2614 BTC [-]	[03:07]
*	coingenuity has quit (Read error: Connection reset by peer)	[03:09]
*	coingenuity (~coingenui@unaffiliated/coingenuity) has joined #bitcoin-assets	[03:11]
assbot	[MPEX] [S.MPOE] 10500 @ 0.00060154 = 6.3162 BTC [+]	[03:13]
assbot	[MPEX] [S.MPOE] 19200 @ 0.00060154 = 11.5496 BTC [+]	[03:21]
assbot	[MPEX] [S.MPOE] 3723 @ 0.00060154 = 2.2395 BTC [+]	[03:24]
assbot	[MPEX] [S.MPOE] 3532 @ 0.00060692 = 2.1436 BTC [+]	[03:24]
assbot	[MPEX] [S.MPOE] 9000 @ 0.00060725 = 5.4653 BTC [+]	[03:24]
assbot	[MPEX] [S.MPOE] 5198 @ 0.00060814 = 3.1611 BTC [+]	[03:24]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060779 = 2.6263 BTC [-]	[03:24]
assbot	[MPEX] [S.MPOE] 479 @ 0.00060814 = 0.2913 BTC [+]	[03:24]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00059924 = 2.5893 BTC [-]	[03:27]
assbot	[MPEX] [S.MPOE] 690 @ 0.00059917 = 0.4134 BTC [-]	[03:27]
dub	early footage of nefario http://i.imgur.com/VzOsR.gif	[03:30]
Namjies	What da fu...	[03:35]
Namjies	That kid probably either regrets this or find it really funny by now	[03:36]
assbot	[MPEX] [S.MPOE] 12310 @ 0.00059917 = 7.3758 BTC [-]	[03:36]
assbot	[MPEX] [S.MPOE] 6426 @ 0.00059431 = 3.819 BTC [-]	[03:36]
*	da2ce7_d is now known as da2ce7	[03:37]
Diablo-D3	dub: the hell	[03:37]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00059454 = 2.569 BTC [+]	[03:39]
assbot	[MPEX] [S.MPOE] 5608 @ 0.00059431 = 3.3329 BTC [-]	[03:39]
assbot	[MPEX] [S.MPOE] 13771 @ 0.00059419 = 8.1826 BTC [-]	[03:39]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060787 = 2.6266 BTC [+]	[03:44]
assbot	[MPEX] [S.MPOE] 6829 @ 0.00060814 = 4.153 BTC [+]	[03:44]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[03:48]
Bugpowder	Whoever is dropping the big coin on S.DICE better not make all their money back by the end of the month or I am gonna be pissed	[03:49]
Chaang-Noi	lol	[03:55]
Chaang-Noi	talked to m00t yesterday about bitcoin :) pretty epic	[03:57]
Chaang-Noi	hell, he sent me some btc:)	[03:57]
Diablo-D3	lol moot	[03:58]
Chaang-Noi	yeah, but he sent me btc for the failedattempt at the 4chan pass	[03:58]
Chaang-Noi	they take btc now	[03:58]
Chaang-Noi	m00t seems to be incharge of refunds	[03:58]
Diablo-D3	moot is in charge of ALL OF 4CHAN	[03:59]
Chaang-Noi	yeah, but he does not do everything...	[03:59]
Diablo-D3	he still does most of it	[03:59]
Chaang-Noi	i see how handing out btc refunds however is something he would want to do	[03:59]
Chaang-Noi	id say he is active, but im pretty sure he does not do close to most of the work	[04:00]
assbot	[MPEX] [S.MPOE] 8450 @ 0.00060779 = 5.1358 BTC [-]	[04:00]
Chaang-Noi	been there about 10 years but never had direct contact with m00t, no need to i guess	[04:01]
*	PsychoticBoy has quit (Read error: Connection reset by peer)	[04:02]
assbot	[MPEX] [S.MPOE] 12194 @ 0.00060814 = 7.4157 BTC [+]	[04:03]
assbot	[MPEX] [S.MPOE] 9109 @ 0.00060934 = 5.5505 BTC [+]	[04:03]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060919 = 2.6323 BTC [-]	[04:07]
assbot	[MPEX] [S.MPOE] 15279 @ 0.00060934 = 9.3101 BTC [+]	[04:07]
assbot	[MPEX] [S.MPOE] 8235 @ 0.00061001 = 5.0234 BTC [+]	[04:07]
*	Tritonio (~Tritonio@nl2x.mullvad.net) has joined #bitcoin-assets	[04:11]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060807 = 2.6275 BTC [-]	[04:13]
assbot	[MPEX] [S.MPOE] 6979 @ 0.00060779 = 4.2418 BTC [-]	[04:13]
*	Gladamas has quit (Remote host closed the connection)	[04:15]
smickles	any recent news?	[04:16]
copumpkin	I'm awesome	[04:16]
assbot	[MPEX] [S.MPOE] 971 @ 0.00060779 = 0.5902 BTC [-]	[04:16]
copumpkin	does that count?	[04:16]
assbot	[MPEX] [S.MPOE] 4979 @ 0.0006036 = 3.0053 BTC [-]	[04:16]
Bugpowder	satoshi dice is still getting insane action	[04:17]
smickles	copumpkin: well, only if you were the shit before. I'd say that sort of state change is noteworthy	[04:17]
copumpkin	wait, _the_ shit, or just shit?	[04:17]
copumpkin	cause it's amazing how different those are	[04:18]
smickles	_the_ shit ;D	[04:18]
copumpkin	lol	[04:18]
copumpkin	ok	[04:18]
smickles	Bugpowder: wow, yeah	[04:20]
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*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[04:34]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060985 = 2.6352 BTC [+]	[04:35]
assbot	[MPEX] [S.MPOE] 979 @ 0.00061001 = 0.5972 BTC [+]	[04:35]
Bugpowder	If this keeps up, shareholders are either going to get a 10% dividend this month or jack shit	[04:39]
Bugpowder	or something in between :-/	[04:40]
kakobrekla	;;tslb	[04:40]
gribble	Time since last block: 42 minutes and 45 seconds	[04:40]
Bugpowder	;;ticker	[04:40]
gribble	BTCUSD ticker \| Best bid: 13.65002, Best ask: 13.70000, Bid-ask spread: 0.04998, Last trade: 13.65001, 24 hour volume: 22675.12090777, 24 hour low: 13.46777, 24 hour high: 13.80000, 24 hour vwap: 13.68949	[04:40]
Bugpowder	Anybody have a favorite place to scrape BTC and futures prices from for a MM bot?	[04:41]
kakobrekla	mm?	[04:41]
Bugpowder	market maker	[04:42]
kakobrekla	a.	[04:42]
Bugpowder	thinking of providing some more liquidity for the market in some futures	[04:42]
Bugpowder	on mpex	[04:42]
Bugpowder	but need reliable scrapes.	[04:42]
Bugpowder	or a different source	[04:43]
Bugpowder	of data	[04:43]
smickles	Bugpowder: you don't like scraping btc prices from mtgox/bitcoincharts?	[04:55]
smickles	Bugpowder: and is http://finance.yahoo.com/rssindex good enough for the futures?	[04:56]
*	plate (~plate@cpe-67-242-185-98.rochester.res.rr.com) has joined #bitcoin-assets	[04:56]
thestringpuller	piamo	[04:58]
Bugpowder	I was scraping from bitcoincharts	[04:58]
thestringpuller	piano	[04:58]
thestringpuller	futures on piano	[04:58]
Bugpowder	for my google doc of my fund positions	[04:59]
smickles	err, that's the news feed on yahoo :\|	[04:59]
assbot	[MPEX] [S.MPOE] 4182 @ 0.00060982 = 2.5503 BTC [-]	[04:59]
Bugpowder	I will check the yahoo thing	[04:59]
Bugpowder	I have been using barchart.com for the futures	[04:59]
Bugpowder	thanks for the suggestions	[05:00]
plate	what futures you tracking?	[05:01]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060389 = 2.6094 BTC [-]	[05:02]
assbot	[MPEX] [S.MPOE] 11029 @ 0.0006036 = 6.6571 BTC [-]	[05:02]
copumpkin	I buy futures on forward contracts	[05:02]
Ukto	Buglouse: bitcoincharts is quickly becoming out of date	[05:04]
Ukto	tcatm has been very afkish	[05:04]
Ukto	he hasnt removed at least one dead exchange	[05:05]
Ukto	and has yet to add ours (emailed him a month ago)	[05:05]
plate	I fuck with forex	[05:05]
plate	but I used to do futures	[05:05]
thestringpuller	smickles	[05:05]
Bugpowder	plate I'm currently offering Gold, Nasdaq100 and Crude for sale on MPEX, but I haven't implemented a true market maker position yet	[05:06]
thestringpuller	you are doing futures on crude?	[05:06]
*	Keefe_ is now known as Keefe	[05:06]
Bugpowder	Trying to figure out what will have the most volume. I thought those would, but people seem more into Corn and the Nikkei	[05:07]
plate	reallllly	[05:07]
plate	interesting	[05:07]
Bugpowder	Well MPEX is market making for all of their futures, but I am trying to bring the spread down a bit for buyers of those	[05:07]
plate	well	[05:08]
plate	if you want free money	[05:08]
assbot	[MPEX] [S.MPOE] 139 @ 0.00060982 = 0.0848 BTC [+]	[05:08]
assbot	[MPEX] [S.MPOE] 9787 @ 0.00061001 = 5.9702 BTC [+]	[05:08]
assbot	[MPEX] [S.MPOE] 3316 @ 0.00061091 = 2.0258 BTC [+]	[05:08]
plate	ride out EUR/JPY to 112.. then if it holds there.. ride it to 120	[05:08]
Bugpowder	I'm only trading with bitcoin denominated securites now	[05:08]
Bugpowder	I want to win from a fiat perspective, even when I'm losing	[05:09]
smickles	thestringpuller: i'm not familiar with the crude market	[05:09]
plate	fiat.. isn't it all fiat?	[05:09]
Bugpowder	thestringpuller Here is the crude http://polimedia.us/bitcoin/mpex.php?mpsic=X.EWTI	[05:09]
Bugpowder	lol	[05:09]
Bugpowder	yeah ok	[05:09]
Bugpowder	relative to paper money	[05:10]
plate	anyhow	[05:10]
Bugpowder	err, gov backed currencies	[05:10]
plate	future ES... ride it to 1500	[05:10]
Bugpowder	I have plenty of exposure in SP500	[05:10]
plate	think its like 12.25 pip	[05:10]
Bugpowder	in dollars	[05:10]
plate	or some shit	[05:10]
plate	oh okay	[05:11]
Bugpowder	but trading is tough to win over the long term	[05:11]
Bugpowder	and bitcoin market is small enough that maybe I can play around being a MM and make a little on the spread	[05:11]
thestringpuller	smickles: help me raise capital for something awesome	[05:12]
smickles	what's the something awesome?	[05:12]
plate	europe is like an ATM right now	[05:12]
plate	fucking loving it	[05:12]
thestringpuller	smickles: help me raise capital for something awesome	[05:12]
kakobrekla	what do you mean plate	[05:13]
Bugpowder	give him money to gamble in Forex with	[05:13]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061075 = 2.6391 BTC [-]	[05:13]
assbot	[MPEX] [S.MPOE] 19284 @ 0.00061091 = 11.7808 BTC [+]	[05:13]
assbot	[MPEX] [S.MPOE] 15646 @ 0.00061126 = 9.5638 BTC [+]	[05:13]
thestringpuller	i dont speculate	[05:13]
smickles	EVERYBODY, PROJECT SPLENDIFEROUS IS LAUNCHING!!!1!! GET IN BY SENDING BTC TO 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6 NAO!1!	[05:14]
smickles	thestringpuller: ^ i'm helping :)	[05:14]
dub	wat	[05:14]
kakobrekla	i sent 22mil	[05:14]
thestringpuller	lol	[05:14]
dub	don't do that ffs	[05:14]
dub	im like, its smickles, has to be legit, send	[05:15]
smickles	thestringpuller: but srsly, do you have the good idea already?	[05:15]
plate	kakobrekla: market wise	[05:15]
plate	I'm long EUR/JPY.. euro is strengthening and yen is weakening	[05:16]
thestringpuller	a simple media company. i am currently pitching s tvshow/game to adult swim	[05:16]
plate	chinese currency is entering the forex markets in Feb '13	[05:17]
thestringpuller	when we finish the first phase of pre production for the pilot i can have sit downs with the script and potential studio financeers	[05:17]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060383 = 2.6091 BTC [-]	[05:21]
assbot	[MPEX] [S.MPOE] 1592 @ 0.0006036 = 0.9609 BTC [-]	[05:21]
assbot	[MPEX] [S.MPOE] 3487 @ 0.0006022 = 2.0999 BTC [-]	[05:25]
assbot	[MPEX] [S.MPOE] 14602 @ 0.00061126 = 8.9256 BTC [+]	[05:25]
assbot	[MPEX] [S.MPOE] 2711 @ 0.00061131 = 1.6573 BTC [+]	[05:25]
assbot	[MPEX] [S.MPOE] 4321 @ 0.000611 = 2.6401 BTC [-]	[05:28]
assbot	[MPEX] [S.MPOE] 4939 @ 0.00061131 = 3.0193 BTC [+]	[05:28]
assbot	[MPEX] [S.MPOE] 4640 @ 0.00061185 = 2.839 BTC [+]	[05:28]
smickles	thestringpuller: I'm not sure that I can help out all that much with funding that sort of project	[05:32]
assbot	[MPEX] [S.MPOE] 2500 @ 0.00060399 = 1.51 BTC [-]	[05:42]
assbot	[MPEX] [S.MPOE] 16175 @ 0.00061185 = 9.8967 BTC [+]	[05:42]
mircea_popescu	pigeons : they made one of those bike leasing companies here	[05:43]
mircea_popescu	it failed so laughably...	[05:43]
pigeons	sounds perfect for a btcjam loan	[05:43]
*	asa1024z (~asa@unaffiliated/asa1024) has joined #bitcoin-assets	[05:44]
pigeons	hahaha	[05:45]
pigeons	http://www.crowdcube.com/investment/angel-alerts-ltd-12268	[05:45]
mircea_popescu	what's that ognasty club thing ?	[05:46]
*	asa1024 has quit (Ping timeout: 255 seconds)	[05:46]
*	asa1024z is now known as asa1024	[05:46]
pigeons	ok i'm not telling anybody anymore of these, I'm just gonna start listing them on btct/cryptostocks/bitfunder	[05:47]
mircea_popescu	Whoever is dropping the big coin on S.DICE better not make all their money back by the end of the month or I am gonna be pissed <<< lol. y the haet ?!	[05:47]
pigeons	http://www.crowdcube.com/investment/trampooline-ltd-12051	[05:47]
mircea_popescu	pigeons list them as Nefario, Inc.	[05:47]
pigeons	yeah i think they will do best on btcjam	[05:47]
pigeons	i'll list as psychoticboy/gigavps/meni/mpoe	[05:48]
assbot	[MPEX] [S.DICE] 1450 @ 0.00336629 = 4.8811 BTC [+]	[05:48]
assbot	[MPEX] [S.DICE] 3350 @ 0.00336178 = 11.262 BTC [-]	[05:48]
mircea_popescu	if you list as mpoe http://www.google.com/search?q=catfish+pigeons&complete=0	[05:48]
pigeons	i still can't believe you hire someone to do your trolling for you	[05:50]
mircea_popescu	does that cunt? <<< which one ?	[05:50]
copumpkin	all of them!	[05:51]
mircea_popescu	also, who's plate ?	[05:52]
mircea_popescu	Well MPEX is market making for all of their futures << not at all ?	[05:53]
Bugpowder	no?	[05:53]
Bugpowder	who is?	[05:53]
Bugpowder	I guess it doesn't matter	[05:53]
Bugpowder	someone is	[05:53]
mircea_popescu	i have no idea	[05:54]
mircea_popescu	but yeah, i said it then, i thought (iirc smickles asked ? )	[05:55]
mircea_popescu	mpex isn't mm-ing any of them	[05:55]
Bugpowder	It's interesting that the options MM clearly has very different assumptions about the future price of BTC than the futures MM	[05:55]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00059693 = 2.5793 BTC [-]	[05:55]
assbot	[MPEX] [S.MPOE] 1278 @ 0.00059678 = 0.7627 BTC [-]	[05:55]
mircea_popescu	well that explains it lol	[05:56]
mircea_popescu	i don't even think it's mm-ing per se, i think people just threw some bids up	[05:56]
Bugpowder	devising hedging strategy	[05:56]
Bugpowder	Those bids disappear every few minutes and reappear, adjusted	[05:57]
Bugpowder	err	[05:57]
Bugpowder	maybe I'm thinking of the options	[05:57]
Bugpowder	nevermind	[05:57]
mircea_popescu	on futures ?	[05:57]
mircea_popescu	cause that'd indeed be mm-ing but so far haven't seen it	[05:57]
pigeons	mpex patented "invisible hand" order matching algorithm	[06:00]
Bugpowder	any advantage to doing SPLIT over MKOPT? Or is Split just good for straddles and strangles?	[06:01]
mircea_popescu	pigeons invisible fist.	[06:01]
mircea_popescu	Bugpowder less fee.	[06:01]
plate	I thought patenting algos was a no-no because then you devulge the secret sauce	[06:01]
*	plate is now known as bonafide	[06:02]
Bugpowder	MKOPT is how much fee?	[06:02]
pigeons	you can have the secret, you need a tpm computer to run it	[06:02]
mircea_popescu	All MKOPT orders are assesed a 2% fee (SPLIT orders are free).	[06:02]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006117 = 2.6432 BTC [+]	[06:03]
assbot	[MPEX] [S.MPOE] 831 @ 0.00061185 = 0.5084 BTC [+]	[06:03]
assbot	[MPEX] [S.MPOE] 3048 @ 0.00061252 = 1.867 BTC [+]	[06:03]
Bugpowder	Ah, that is in a different place	[06:03]
mircea_popescu	ya, it's in the faq	[06:03]
Bugpowder	than the MKOPT description	[06:03]
mircea_popescu	http://polimedia.us/bitcoin/faq.html#12	[06:03]
Bugpowder	MKFUT fee is in the description	[06:03]
mircea_popescu	i guess im inconsistent	[06:03]
Bugpowder	hence my confusion	[06:03]
*	mircea_popescu adds to list.	[06:04]
bonafide	what's up mircea_popescu	[06:04]
mircea_popescu	s.mpoe	[06:04]
mircea_popescu	on the sad news front, seems nobody knows how to price the idiffs	[06:06]
mircea_popescu	not surprising i guess.	[06:06]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060774 = 2.626 BTC [-]	[06:07]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006076 = 2.6254 BTC [-]	[06:07]
assbot	[MPEX] [S.MPOE] 13008 @ 0.00060754 = 7.9029 BTC [-]	[06:07]
mircea_popescu	http://www.theblaze.com/stories/they-finally-really-did-it-eu-okays-central-banking-authority-approves-greece-for-another-bailout/ heh	[06:08]
mircea_popescu	“Europe and the eurozone have proved that they are capable of eliminating the challenges that confront them,” said France’s socialist President Francois Hollande.	[06:09]
mircea_popescu	fucking socialists will drive us all in the hole	[06:09]
bonafide	you're right	[06:09]
bonafide	that and lazy people who want a handout	[06:10]
bonafide	I cant stand left wing nuts in the US	[06:10]
mircea_popescu	then the fuckwit french finance minister "lambasts" rich people	[06:10]
mircea_popescu	it's sickening, this.	[06:11]
bonafide	France: lets raise taxes to 75% on the rich!!!... theRich: okay lets move out of Franch	[06:11]
bonafide	now who are they left to tax?	[06:11]
mircea_popescu	they're left to whine.	[06:11]
bonafide	same with the US	[06:11]
bonafide	the rich will just get sick of taxes	[06:11]
mircea_popescu	it's like a stupid bitch that marries some rich dude, won't cook, he tells her she either gets with the programme or gets lost	[06:11]
bonafide	and leave and give up citizenship	[06:11]
mircea_popescu	she bitches	[06:11]
bonafide	then who's left to tax	[06:11]
mircea_popescu	then she gets served divorce papers	[06:11]
mircea_popescu	then she's all teary	[06:11]
mircea_popescu	well... shoulda fucken listen when we were jus' talkin'.	[06:11]
bonafide	mircea_popescu where you located?	[06:12]
mircea_popescu	romania	[06:12]
mircea_popescu	which seems will never actually join the eurozone at this rate.	[06:12]
bonafide	well that could be a good thing	[06:12]
mircea_popescu	it's been a pretty good thing so far.	[06:12]
bonafide	Germany will get sick of supporting Greece, Spain and soon France	[06:12]
bonafide	and will leave	[06:13]
bonafide	that will be the collapse of that	[06:13]
mircea_popescu	romania has miore gold than like,... australia	[06:13]
mircea_popescu	or kuwait, or brazil/argentina etc.	[06:13]
bonafide	AUD is strengthening tho	[06:13]
mircea_popescu	everyone's strengthening with this idiocy going on	[06:14]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061222 = 2.6454 BTC [+]	[06:14]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061246 = 2.6464 BTC [+]	[06:14]
assbot	[MPEX] [S.MPOE] 7458 @ 0.00061252 = 4.5682 BTC [+]	[06:14]
bonafide	not really	[06:14]
mircea_popescu	the us just announced 40+45 bn in crapola	[06:14]
bonafide	EUR, USD, and JPY are printing money like its a fad	[06:14]
*	bonafide lives in US	[06:14]
bonafide	I deal with left wing nuts all day	[06:14]
bonafide	people wanting free hand outs, expecting something for nothing	[06:14]
bonafide	drives me insane	[06:15]
mircea_popescu	myeah.	[06:15]
mircea_popescu	"o, it's just money". pfff.	[06:15]
mircea_popescu	no, it's not "just" money. it's money. you're just an idiot.	[06:15]
bonafide	they want to tax more to spend more	[06:15]
bonafide	uhmmm you need to reduce the debt	[06:15]
bonafide	instead of leveraging to the hill	[06:15]
bonafide	thanks for getting me all worked up haha	[06:16]
Bugpowder	hilt	[06:17]
bonafide	hilt*	[06:17]
bonafide	thanks	[06:17]
*	TheSeven has quit (Disconnected by services)	[06:18]
mircea_popescu	;;ticker	[06:18]
gribble	BTCUSD ticker \| Best bid: 13.67790, Best ask: 13.78850, Bid-ask spread: 0.11060, Last trade: 13.66412, 24 hour volume: 23631.23995353, 24 hour low: 13.46777, 24 hour high: 13.80000, 24 hour vwap: 13.69064	[06:18]
*	[7] (~quassel@rockbox/developer/TheSeven) has joined #bitcoin-assets	[06:18]
mircea_popescu	creeping up huh.	[06:18]
mircea_popescu	"Generally, pushing the security down to the hardware level in conjunction with software provides more protection than a software-only solution. "	[06:19]
mircea_popescu	this is so stupid. wikipedia, land of the useful idiots. who came up with this ?	[06:19]
bonafide	some analyst at BAC said gold to be at 5000$/oz in two years	[06:20]
bonafide	with QE infinity in place, probably	[06:20]
mircea_popescu	the thing is btc will outpace gold on the long term	[06:20]
bonafide	with hyper inflation around the corner	[06:20]
bonafide	mircea_popescu that's abold statement	[06:20]
bonafide	a bold*	[06:20]
mircea_popescu	you can quote me on it	[06:21]
bonafide	depends on what these freaks decide with internet regulating	[06:21]
bonafide	an EMP can take out all of btc.. can't take out gold	[06:21]
kakobrekla	we have paper wallets	[06:22]
kakobrekla	all we need is paper blockchain	[06:22]
kakobrekla	one motherfuckin huge QR code	[06:22]
mircea_popescu	lol.	[06:23]
mircea_popescu	emp can not take out btc	[06:23]
mircea_popescu	in fact, we could hash on slave labour if need be.	[06:23]
mircea_popescu	btc can be implemented to work over carrier pigeons tcp/ip stack reimplementation	[06:23]
mircea_popescu	with shaved headed monks doing the hashing by candlelight.	[06:23]
mircea_popescu	it's really 1100 cluny tech.	[06:23]
bonafide	haha	[06:24]
pigeons	;;google logopolis	[06:24]
gribble	Logopolis - Wikipedia, the free encyclopedia: ; Logopolis - TARDIS Index File, the Doctor Who Wiki: ; Logopolis Part 1 - Video Dailymotion:	[06:24]
Ukto	Diablo-D3 ?	[06:25]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060768 = 2.6258 BTC [-]	[06:25]
assbot	[MPEX] [S.MPOE] 292 @ 0.00060754 = 0.1774 BTC [-]	[06:25]
assbot	[MPEX] [S.MPOE] 10773 @ 0.00060648 = 6.5336 BTC [-]	[06:25]
mircea_popescu	over 60 ?!	[06:25]
mircea_popescu	Figures released Thursday from the Greece’s statistics office showed unemployment at a record high of 24.8 percent in the third quarter of 2012	[06:26]
mircea_popescu	basically, five people in all of greece still work.	[06:26]
Ukto	heh	[06:27]
assbot	[MPEX] [S.MPOE] 2800 @ 0.00060668 = 1.6987 BTC [+]	[06:29]
Bugpowder	90.00000000 BTC for 90 O.BTCUSD.C140T contracts. 90.00000000 BTC for 78 O.BTCUSD.P140T contracts.	[06:31]
Bugpowder	???	[06:31]
Ukto	...	[06:31]
Ukto	now that forum dick is chaning the emotes on posts in his own thread	[06:31]
Bugpowder	why the assymtry in the split?	[06:31]
mircea_popescu	well C140 is otm	[06:32]
Bugpowder	ah	[06:32]
Bugpowder	itm+1BTC	[06:32]
mircea_popescu	basically you get 90 btc's worth.	[06:32]
mircea_popescu	which for calls is always 90, but for puts varies with how itm they are	[06:33]
mircea_popescu	if you got 100's you'd have 200 puts or w/e	[06:33]
smickles	idiffs?	[06:40]
mircea_popescu	the diff futures	[06:41]
smickles	wha? when?	[06:41]
mircea_popescu	lol smickles. blink and you miss mpex news	[06:42]
mircea_popescu	http://polimedia.us/trilema/2012/further-futures-on-mpex/	[06:42]
mircea_popescu	http://polimedia.us/trilema/2012/high-finance-falootin/	[06:42]
smickles	ooooh, these look fun. I was dissapointed to see the diff options go just as I had figured out how to profit on them	[06:43]
smickles	third wednesday?	[06:43]
mircea_popescu	imm dates	[06:43]
mod6	I was uber busy today too, just got a chance to finally look at these :)	[06:44]
*	Bugpowder has quit (Ping timeout: 245 seconds)	[06:44]
mircea_popescu	:p	[06:45]
smickles	this is like risk²	[06:45]
mircea_popescu	yes, they're very risky.	[06:46]
mircea_popescu	esp the far out one	[06:46]
smickles	:D	[06:48]
assbot	[MPEX] [S.MPOE] 2911 @ 0.00061218 = 1.7821 BTC [+]	[06:48]
mircea_popescu	but hey, with great risk comes great reward. you could in principle make ~70x your money in a year-ish	[06:49]
mircea_popescu	which is like... 4% a week ?	[06:49]
mircea_popescu	;;calc 1.04**52	[06:49]
gribble	7.68658870733	[06:49]
mircea_popescu	;;calc 1.038**52	[06:50]
gribble	6.95444349219	[06:50]
mircea_popescu	something like that.	[06:50]
assbot	[MPEX] [S.BVPS] 280 @ 0.0040975 = 1.1473 BTC [+]	[06:50]
assbot	[MPEX] [S.BVPS] 20 @ 0.0067 = 0.134 BTC [+]	[06:50]
mircea_popescu	lol aaand highest growth % goes to bvps	[06:51]
Namjies	hmm, the 20 is my fault. And that was my sale order -.-	[06:51]
Namjies	I wanted those 280 shares and wondered if I'd hit into my own sell order.	[06:52]
mircea_popescu	;;calc 20 * 0.0067 * 0.002	[06:52]
gribble	0.000268	[06:52]
mircea_popescu	ty for the quarter mbtc!	[06:53]
smickles	alright, i've come up with a fair price for idiff.dec	[06:53]
mircea_popescu	lol	[06:54]
mircea_popescu	;;gentime 1	[06:54]
gribble	The average time to generate a block at 1.0 Mhps, given difficulty of 3370181.79928, is 458 years, 51 weeks, 5 days, 15 hours, 30 minutes, and 9 seconds	[06:54]
mircea_popescu	is it 3370181 ?	[06:54]
Namjies	Consider the fee a donation. (A decadent ~1/3 of a cent. Don't spend it all in one go!)	[06:54]
smickles	;;bc,stats	[06:54]
gribble	Current Blocks: 212143 \| Current Difficulty: 3370181.7992778 \| Next Difficulty At Block: 213695 \| Next Difficulty In: 1552 blocks \| Next Difficulty In About: 1 week, 4 days, 12 hours, 20 minutes, and 32 seconds \| Next Difficulty Estimate: 3146223.08545920 \| Estimated Percent Change: -6.64530067389	[06:55]
mircea_popescu	ahh, i nearly forgot, tomorrow the rota starts!	[06:55]
mircea_popescu	a new age in bitcoin bitchslapping!	[06:55]
smickles	really? there's a case to hear?	[06:55]
assbot	[MPEX] [S.MPOE] 1410 @ 0.00061218 = 0.8632 BTC [+]	[07:00]
assbot	[MPEX] [S.MPOE] 2690 @ 0.00061252 = 1.6477 BTC [+]	[07:00]
smickles	;;calc 200/[bc,diff]	[07:02]
gribble	5.93439796164e-05	[07:02]
smickles	;;calc 200000000/[bc,diff]	[07:03]
gribble	59.3439796164	[07:03]
assbot	[MPEX] [O.BTCUSD.C120N] 1 @ 0.37686567 BTC [+]	[07:13]
mircea_popescu	smickles not yet	[07:14]
mircea_popescu	wait a second	[07:15]
mircea_popescu	;;ticker	[07:15]
smickles	;;calc 2.9*8954	[07:15]
gribble	25966.6	[07:15]
gribble	BTCUSD ticker \| Best bid: 13.74690, Best ask: 13.74691, Bid-ask spread: 0.00001, Last trade: 13.74690, 24 hour volume: 22405.29779859, 24 hour low: 13.46777, 24 hour high: 13.80000, 24 hour vwap: 13.69301	[07:15]
mircea_popescu	13.69301 * 0.00061252	[07:15]
mircea_popescu	;;calc 13.69301 * 0.00061252	[07:15]
gribble	0.0083872424852	[07:15]
assbot	[MPEX] [O.BTCUSD.P120N] 1 @ 0.23017945 BTC [+]	[07:15]
mircea_popescu	omg creeping in on 10mn	[07:15]
smickles	I'd like to short it, but i dunno	[07:16]
smickles	i'd be like that one guy and netflix or soemthing	[07:17]
mircea_popescu	who ?	[07:18]
mircea_popescu	lol if anyone shorted a week ago they're in pain.	[07:18]
assbot	[MPEX] [S.DICE] 2000 @ 0.00338548 = 6.771 BTC [+]	[07:20]
smickles	Whitney Tilson < mircea_popescu	[07:20]
Ukto	https://bitcointalk.org/index.php?topic=130754.0	[07:20]
mircea_popescu	so im getting hosed with sa traffic	[07:20]
mircea_popescu	who linked mpex ?	[07:20]
mircea_popescu	smickles amusingly, netflix not mentioned on his wiki page :DF	[07:21]
smickles	also, any miner large enough should be selling an amount of those xdiffs equal to the number 2([easiest shares per minute]*[minutes untill settlement])	[07:21]
mircea_popescu	whoa what ?!	[07:21]
mircea_popescu	how'd you figure that ?	[07:21]
smickles	they should sell at a price which is a little above the current diff	[07:22]
smickles	mircea_popescu: it's simple arbitrage, sell the future, "buy" the shares	[07:22]
smickles	you reap the extrinsic value	[07:23]
mircea_popescu	http://vr-zone.com/articles/lights-out-boeing-creates-the-first-working-emp-bomb/18163.html we need to bomb boeing	[07:23]
mircea_popescu	smickles but you need some block reward factored in	[07:23]
jcpham	hello	[07:24]
smickles	25*[shares]/[current diff] then	[07:24]
mircea_popescu	except	[07:25]
mircea_popescu	a share is only worth 25/x	[07:25]
*	Transisto has quit (Ping timeout: 264 seconds)	[07:25]
smickles	;;calc 25/[bc,diff]	[07:26]
gribble	7.41799745205e-06	[07:26]
smickles	that's the current fair pps right now, correct?	[07:27]
assbot	[MPEX] [S.MPOE] 1521 @ 0.00060668 = 0.9228 BTC [-]	[07:28]
assbot	[MPEX] [S.MPOE] 4629 @ 0.00060648 = 2.8074 BTC [-]	[07:28]
mircea_popescu	nah	[07:28]
mircea_popescu	or maybe ?	[07:28]
dub	should be	[07:29]
mircea_popescu	ok so then it's [shares]*25	[07:29]
mircea_popescu	pure and simple ?	[07:29]
smickles	;;calc (2.9(25/[bc,diff]))8968*2	[07:30]
gribble	0.38584268667	[07:30]
smickles	;;bc,diff	[07:30]
gribble	3370181.7992778	[07:30]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060651 = 2.6207 BTC [+]	[07:31]
assbot	[MPEX] [S.MPOE] 6198 @ 0.00060648 = 3.759 BTC [-]	[07:31]
assbot	[MPEX] [S.MPOE] 9881 @ 0.00060111 = 5.9396 BTC [-]	[07:31]
smickles	so i should sell about a third of a contract at say 03400000 satoshi	[07:31]
mircea_popescu	smickles : you should post this novel sorcery as a comment in the futures post	[07:31]
*	Transisto (~TransistO@bas2-quebec03-1176409380.dsl.bell.ca) has joined #bitcoin-assets	[07:32]
bonafide	provigil should be given to everyone	[07:32]
smickles	;;calc [bc,diff]*1.1	[07:32]
gribble	3707199.97921	[07:32]
mircea_popescu	http://webcache.googleusercontent.com/search?sourceid=chrome&ie=UTF-8&q=cache%3Ahttp://forums.somethingawful.com/showthread.php?threadid=3484374&userid=0&perpage=40&pagenumber=5	[07:32]
mircea_popescu	someone can send me a dump of this ?	[07:32]
smickles	na, .037btc :D	[07:32]
mircea_popescu	for the record, iso name for btc would prolly be xbt or something	[07:36]
mircea_popescu	NOT btc.	[07:36]
smickles	well, when it happens, i may change	[07:37]
mircea_popescu	USD is called about 5 diff things in iso anyway	[07:37]
*	Transisto has quit (Ping timeout: 255 seconds)	[07:38]
bonafide	http://www.cmegroup.com/trading/fx/usd-renminbi-futures.html	[07:39]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060126 = 2.598 BTC [+]	[07:40]
assbot	[MPEX] [S.MPOE] 3441 @ 0.00060111 = 2.0684 BTC [-]	[07:40]
mircea_popescu	cme are such idiots. who told them e-micro can be 1/10 standard	[07:40]
mircea_popescu	wtf happened to 1/1000	[07:40]
assbot	[MPEX] [S.MPOE] 14455 @ 0.00060111 = 8.689 BTC [-]	[07:42]
bonafide	well it should be interesting	[07:43]
mircea_popescu	http://www.reddit.com/r/Bitcoin/comments/14rk60/private_investigation_on_mtgox/ this is... hm.	[07:51]
bonafide	oh godddd reddit	[07:54]
bonafide	fucking left wing nuts	[07:54]
bonafide	site is pro-socialism	[07:54]
mircea_popescu	lol	[07:55]
mircea_popescu	they're mostly highschooler/college undergrads/grads	[07:55]
mircea_popescu	what'd you expect ? they need tit.	[07:55]
bonafide	yea.. that's fucking the scariest part	[07:55]
bonafide	how does someone who goes to college	[07:56]
smickles	mircea_popescu: posted. let me know if i've made an ass of myself :D	[07:56]
bonafide	even remotely think socialism is good	[07:56]
bonafide	a friday rally of eur/jpy to 112 would be phenom	[07:57]
smickles	;;tslb	[07:57]
gribble	Time since last block: 1 minute and 6 seconds	[07:58]
mircea_popescu	smickles proposed an example.	[07:58]
bonafide	what docs does mtgox require?	[07:59]
bonafide	that this guy is bitching about	[07:59]
bonafide	if he's so sure that the site is money laundering scam ran my criminals... why did he attempt to use it in the first place	[08:00]
mircea_popescu	bonafide ids i guess	[08:00]
assbot	[MPEX] [S.MPOE] 5550 @ 0.00060421 = 3.3534 BTC [+]	[08:01]
assbot	[MPEX] [S.MPOE] 6400 @ 0.00060518 = 3.8732 BTC [+]	[08:01]
assbot	[MPEX] [S.MPOE] 3650 @ 0.0006123 = 2.2349 BTC [+]	[08:01]
assbot	[MPEX] [S.DICE] 28175 @ 0.003395 = 95.6541 BTC [+]	[08:03]
assbot	[MPEX] [S.DICE] 111259 @ 0.0034 = 378.2806 BTC [+]	[08:03]
mircea_popescu	!ticker s.dice	[08:04]
assbot	[MPEX:S.DICE] 1day: 0.00332218 / 0.00338831 / 0.0034 (176597 shares, 598.37 BTC), 30day: 0.00308319 / 0.00336838 / 0.0034 (2087328 shares, 7,030.92 BTC)	[08:04]
*	Transisto (~TransistO@bas2-quebec03-1176409380.dsl.bell.ca) has joined #bitcoin-assets	[08:08]
mircea_popescu	http://www.bitcoinmonitor.com/	[08:08]
mircea_popescu	remarkable what small % of moving funds are mtgox trades	[08:08]
Namjies	I'm not really against socialism... at least not for the health/education part. Probably the only thing I approve spending for is education/health. I would not mind helping others for that. Money handouts however...	[08:11]
assbot	[MPEX] [S.MPOE] 671 @ 0.0006123 = 0.4109 BTC [+]	[08:11]
assbot	[MPEX] [S.MPOE] 16299 @ 0.00061252 = 9.9835 BTC [+]	[08:11]
assbot	[MPEX] [S.MPOE] 2580 @ 0.00061382 = 1.5837 BTC [+]	[08:11]
mircea_popescu	Namjies the problem with education paid for by other people is that it creates the disrespectful assholes we see today.	[08:12]
smickles	Namjies: is socialism divisible/severable like that?	[08:13]
bonafide	I agree education needs to spending	[08:13]
bonafide	but the teacher unions are ridic	[08:13]
mircea_popescu	i would rather have millions of smart kids die iliterate than billions of idiot kids think it's ok to give their opinions when adults talk.	[08:13]
bonafide	exactly! smickles!	[08:13]
Namjies	How does free education creates those disrespectful assholes?	[08:13]
mircea_popescu	because they don't risk anything. goes to school, doesn't learn, no big deal	[08:13]
bonafide	appropriations are never given where they're given	[08:14]
mircea_popescu	if going to school was an exception, and his only chance out of the slum and something he'd work hard for, it'd be different.	[08:14]
bonafide	you create one social net and then before you know it.. it's like the aids virus	[08:14]
Namjies	You mean college/university free education or primary/high school education?	[08:14]
bonafide	everything has a social safety net	[08:14]
mircea_popescu	i mean primary school.	[08:14]
mircea_popescu	kid must know that if he's kicked out of school that means prison, digging ditches or sucking cock	[08:14]
mircea_popescu	and must know this aged 6.	[08:14]
mircea_popescu	and in general, kids must know they're worthless at a much earlier age than the current system	[08:15]
mircea_popescu	where they imagine they're the king of the world for the first 2-3 decades and then discover they really have no value.	[08:15]
bonafide	hahaha	[08:15]
bonafide	you're awesome	[08:15]
bonafide	love it!	[08:15]
mircea_popescu	the shock is psychologically scarring	[08:15]
mircea_popescu	they need to start with it earlier so it's softer.	[08:16]
bonafide	I'm so sick and tired of this self esteem crap	[08:16]
Namjies	Hmm... that sounds somewhat cliche. I don't see many people acting that way. I might be blind tho.	[08:16]
bonafide	giving awards to make kids feel included	[08:16]
mircea_popescu	Namjies well, we're discussing principle. impossible to attack with anecdote.	[08:16]
Namjies	But I do agree education is quite soft on kids.	[08:16]
mircea_popescu	problem with it being soft on kids is tghat there's nothing they can accomplish anymore.	[08:16]
bonafide	me, living in the US... I see people using depression as a scapegoat	[08:16]
bonafide	fucking... other countries its called hard on your luck.. get over it	[08:17]
smickles	hey, did greece recently issue a fuckload of bonds, then buy them all back at 30% par?	[08:18]
smickles	then issue another fuckload?	[08:18]
bonafide	something like that	[08:18]
mircea_popescu	anyway. that aside health i can see as a function of govt, in many cases. mostly trauma.	[08:18]
bonafide	think Germany gave them the money	[08:18]
mircea_popescu	smickles yes.	[08:18]
smickles	mircea_popescu: genius	[08:18]
Namjies	Regardless, I'd feel better off if even the worst individuals would still get that education. They're already bad enough with it.	[08:18]
mircea_popescu	i was ranting about how the eurozone is not good enough for romania to join earlier.	[08:19]
smickles	in that spirit, who want's to lend me 10000 btc?	[08:19]
mircea_popescu	Namjies no. this devalues education for everyone else.	[08:19]
bonafide	Namjies: the problem is... some people just dont want to learn	[08:19]
mircea_popescu	if anyone can eat pie this devalues my pie.	[08:19]
Namjies	So what? If they can't afford it, don't educate them?	[08:20]
mircea_popescu	exactly.	[08:20]
smickles	I think that means homeschooling	[08:20]
Namjies	I can hardly see how I can expect a 5 year old kid to pay his first year of primary school. The whole costs...	[08:20]
mircea_popescu	not the govt job. if rich people want to pay for their education let them	[08:20]
mircea_popescu	but don't tax for it.	[08:20]
assbot	[MPEX] [S.MPOE] 12250 @ 0.00061345 = 7.5148 BTC [-]	[08:21]
mircea_popescu	if his parents suck he's screwed.	[08:21]
bonafide	social promotions within schools shouldnt exist either	[08:21]
mircea_popescu	this gives parents an incentive to not suck.	[08:21]
bonafide	mircea_popescu: exactly... survival of the fittest	[08:21]
bonafide	instead of weeding out the idiots, now we encourage them to strive	[08:22]
Namjies	Right... so instead of helping the kid into society, exclude it because his parent sucks and don't care.	[08:22]
mircea_popescu	yes.	[08:22]
bonafide	and we get a bunch of half ass dedicated people working, wanting handouts	[08:22]
mircea_popescu	society should be exclusive not inclusive.	[08:22]
mircea_popescu	if it's inclusive i don't want to be part of it	[08:22]
mircea_popescu	you end up stuck with the idiots and then fail.	[08:22]
mircea_popescu	you want to include the peaks not the bottoms.	[08:22]
bonafide	society should be exclusive not inclusive.	[08:22]
bonafide	perfect	[08:22]
bonafide	couldn't have said it better myself	[08:22]
Namjies	I don't see why we should exclude good individuals on behalf their parents are retarded/bad.	[08:23]
mircea_popescu	"good"	[08:23]
mircea_popescu	they're not good if they parents suck.	[08:23]
Namjies	Stupid people don't all breed retards and rich people don't all breed bright individuals.	[08:24]
mircea_popescu	has nopthing to do with good.	[08:24]
mircea_popescu	intelligence is just part of the pie.	[08:24]
Namjies	Same goes for just about anything else.	[08:24]
mircea_popescu	no.	[08:24]
mircea_popescu	good is not unrelated, randomly occuring, fallen from the sky	[08:24]
mircea_popescu	good is worked and sweated towards.	[08:25]
mircea_popescu	no sweat, no good.	[08:25]
Namjies	Yes, but the 6 year old has no means to pay the costs of his education, even if he was a potent individual and was willing to.	[08:25]
*	leotreasure has quit (Read error: Connection reset by peer)	[08:25]
mircea_popescu	convince me he is and i might pay it.	[08:25]
mircea_popescu	but don't assume he is for me and expect i give you the money.	[08:26]
*	leotreasure (~leotreasu@110-174-7-79.tpgi.com.au) has joined #bitcoin-assets	[08:26]
mircea_popescu	a fine example : i made a contest on my blog, for peopel to write fiction. reward was 5btc minimum + up to 100	[08:28]
bonafide	mircea_popescu: I have an idea	[08:28]
Namjies	Hmm, such a thing would be impossible. We couldn't have a standard procedure to determine the desrving ones if each member of the society wanted that they personally approve of said person.	[08:28]
mircea_popescu	of the thousands of people who saw it and hundred+ that talked to me about it, i got 3 submissions.	[08:28]
bonafide	Namjies can self impose an 80% tax on himself	[08:28]
bonafide	so that he can support the kiddies	[08:28]
mircea_popescu	why ? cause people were busy dickingaround on facebook ? fuck that.	[08:28]
mircea_popescu	and the procedure SHOULD NOT be standard.	[08:28]
mircea_popescu	why standard? whoever has the money makes the rules.	[08:28]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006071 = 2.6233 BTC [-]	[08:29]
assbot	[MPEX] [S.MPOE] 4650 @ 0.0006074 = 2.8244 BTC [+]	[08:29]
assbot	[MPEX] [S.MPOE] 8279 @ 0.00061382 = 5.0818 BTC [+]	[08:29]
mircea_popescu	that is the very point of money : they who have it are smarter than you, and you should listen to them.	[08:29]
pigeons	jessica simpson has money	[08:29]
bonafide	the problem is now... even the people who aren't smart have money	[08:29]
Namjies	That seems innacurate.	[08:29]
mircea_popescu	pigeons bonafide only because of the current state sponsored moral hazard	[08:29]
smickles	Namjies: http://blog.smickles.com/wp-content/uploads/2012/11/Shoes_header.jpg	[08:29]
bonafide	I know	[08:29]
mircea_popescu	sure, let's tax 50% of society and give it out to the worst least worthy recipients	[08:30]
bonafide	but it's a vicous cycle	[08:30]
mircea_popescu	then wonder why "stars" have money	[08:30]
mircea_popescu	well, cause you pump money into a cesspool.	[08:30]
mircea_popescu	money you stole.	[08:30]
mircea_popescu	if taxes were a reasonable 0.08% i guarantee you jessica simpson would be back to waitressing.	[08:31]
Namjies	Idiots get their hands on vast amount of money. Most often from more intelligent parents. Those idiots also tend to damage their heritage badly.	[08:31]
mircea_popescu	or w/e she does "profesionally"	[08:31]
bonafide	just look at the NFL, NBA	[08:31]
bonafide	they get multi-million dollar contracts	[08:31]
mircea_popescu	Namjies that problem is purely theoretical these days.	[08:31]
bonafide	and are just as broke as they were before when their careers end	[08:32]
mircea_popescu	bonafide yes, because the foodstamp fed multitudes have discretionary spending.	[08:32]
mircea_popescu	and i guess now i'm the go to rightest-wing guy in btc huh.	[08:33]
Namjies	Ah, but those idiots who make stars rich still have money. That means they either work or get handouts. If we abolish handouts, then that would happen regardless.	[08:33]
bonafide	nope	[08:33]
bonafide	I agree	[08:33]
mircea_popescu	Namjies if the money they spent came from their work it'd at least be defensible.	[08:34]
mircea_popescu	as in, music doesn't suck today, it's just i have divergent tastes to the world.	[08:34]
assbot	[MPEX] [S.MPOE] 3750 @ 0.00061366 = 2.3012 BTC [-]	[08:34]
assbot	[MPEX] [S.DICE] 1637 @ 0.00338548 = 5.542 BTC [-]	[08:35]
assbot	[MPEX] [S.DICE] 1350 @ 0.00336315 = 4.5403 BTC [-]	[08:35]
assbot	[MPEX] [S.DICE] 313 @ 0.00336178 = 1.0522 BTC [-]	[08:35]
Namjies	What about public infrastructure? Acceptable to fall on government's desk?	[08:36]
mircea_popescu	Namjies im pretty sure if given the same revenue (80% gas accise + car tax + etc) the public sector would be doing a much better job with roads	[08:37]
mircea_popescu	but this point is amply debatable because in fact large projects require large agents and at that size the diff between govt and corporation is mostly academic	[08:38]
mircea_popescu	the principles informing decisions are more important than the exact incorporation form.	[08:38]
mircea_popescu	but look here : Sarah Ford, age 20, NY	[08:38]
mircea_popescu	“I'm a young and involved activist about to start my double major in environmental studies and politics, and I'm very, very angry about what is going on in this country. I blame this country's problems on the exploitations of corporations and a blind worship of the "free market" and "self-regulating capitalism" (Tell me, how does that work again? Oh yeah, it doesn’t morons). Following the deregulation of the banki	[08:38]
mircea_popescu	ng sector and the repeal of Glass-Steagall (the financial regulation act that would have prevented the financial crisis), this country has gone down the drain.	[08:38]
mircea_popescu	this stupidcunt thinks she may have political opinions ? aged 20 ?	[08:38]
mircea_popescu	jesus god.	[08:38]
mircea_popescu	kids that aren't beaten enough develop this very superficial "we know shit" conviction, and then the result is btctalk lending & usagi financial expertise.	[08:39]
bonafide	mircea_popescu for president	[08:40]
mircea_popescu	nah.	[08:40]
assbot	[MPEX] [S.MPOE] 571 @ 0.00061366 = 0.3504 BTC [-]	[08:40]
assbot	[MPEX] [S.MPOE] 13041 @ 0.00061382 = 8.0048 BTC [+]	[08:40]
assbot	[MPEX] [S.MPOE] 8488 @ 0.00061443 = 5.2153 BTC [+]	[08:40]
mircea_popescu	just buy my stock lol	[08:40]
Namjies	Hmm. Again a bit cliche example.	[08:40]
mircea_popescu	which one ?	[08:40]
Namjies	The quoted one.	[08:41]
mircea_popescu	if it weren't so prevalent...	[08:41]
mircea_popescu	we've taken things too far. much too far. sure, confidence is a good thing, kids were opressed 50 years ago etc. but by now it's way overdone.	[08:41]
mircea_popescu	way, way overdone. college mostly consists of elderly people asking kids what they think. who the fuck cares what 20yos think ? they're dumb as rocks by the very definition.	[08:42]
Namjies	I've seen high-school/college level teachers having such teachings.	[08:43]
mircea_popescu	i mean, it works once a semester or something. but it can not be the whole curricula.	[08:44]
Namjies	I'm all for government having certain responsibilities. Others don't or want different responsibilities.	[08:44]
mircea_popescu	name one responsibility govt has ?	[08:45]
mircea_popescu	and then name one govt person who got into any sort of trouble for fucking up.	[08:45]
Namjies	It depends on the government... not all governments have the same responsibilities.	[08:45]
mircea_popescu	ya well...	[08:46]
Namjies	I was about to say, don't it all boil down to what priorities each individual has and what they are consequently willing or not willing to pay/be taxed for?	[08:46]
mircea_popescu	in all times and places government is this "we'll do our best, expect nothing in return" proposition.	[08:46]
mircea_popescu	this works great if we're a village of 100 people and most of them love the one guy in charge	[08:47]
mircea_popescu	otherwise...	[08:47]
Namjies	Well on that point, everything is easier to manage when it's small. For large country, where those in charge can have a hard time even seeing the consequence of their actions... it messes things up.	[08:48]
Namjies	It's also more complex. It conveniently allows to shift blame on a million other thing.	[08:48]
mircea_popescu	right-o.	[08:49]
mircea_popescu	but you know, just because something is impossible to do (large state) doesn't mean you should try anyway	[08:49]
mircea_popescu	it means you SHOULDNT TRY	[08:49]
Namjies	It might not be impossible... but so far large governments are very inneficient as far as I care.	[08:50]
mircea_popescu	indeed.	[08:50]
mircea_popescu	well, here's it from my pov : we dicked around for 100 years trying to make this welfare state work. it failed, pack it up.	[08:51]
mircea_popescu	i don't mind the experience, really, but it's unconscionable to pretend like it didn't happen.	[08:51]
assbot	[MPEX] [S.MPOE] 5244 @ 0.00061443 = 3.2221 BTC [+]	[08:51]
assbot	[MPEX] [S.MPOE] 5350 @ 0.00061472 = 3.2888 BTC [+]	[08:51]
assbot	[MPEX] [S.MPOE] 17306 @ 0.00061539 = 10.6499 BTC [+]	[08:51]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[08:52]
Bugpowder	mircea_popescu Will the reserve requirements for X.IDIFF.MAR be reduced to 0.09777BTC/contract and released to the buyer following the close of this December's future?	[08:54]
Bugpowder	currently it is 0.283/BTC	[08:54]
mircea_popescu	the reserve requirements will be reduced for new contracts, but old contracts will be unchanged	[08:55]
Namjies	And on my point of view, I would like to offer every kid a chance at education regardless of the parent's means as well as health care. That would be purely based from personal priorities.	[08:55]
Bugpowder	how will buyers know if they are getting a contract with a higher limit or not?	[08:56]
Namjies	I however hardly approve cash handouts and I'm saddened by the inneficiency of government at providing.	[08:56]
mircea_popescu	Namjies i would agree, but every deserving kid. it's important.	[08:56]
mircea_popescu	Bugpowder they don't. in case of margins overrun the contracts are awarded proportionally.	[08:56]
mircea_popescu	say there's 90 contracts at margin high, and 10 at margin low	[08:56]
mircea_popescu	say the low margin gets blown	[08:56]
mircea_popescu	everyone gets 10% of contracts liquidated.	[08:57]
Namjies	Yes. I'd approve with the deserving kid part. But there is an issue with that. If we exclude a kid for not making any effort/causing trouble, what do you do?	[08:57]
mircea_popescu	nothing.	[08:58]
Bugpowder	so the loss cap for any futures creator is based on the percentage of new vs. legacy contacts	[08:58]
Bugpowder	contracts	[08:58]
mircea_popescu	um	[08:59]
mircea_popescu	i think we're talking at crosspurposes. yiou mean for future asset buyer or creator.seller ?	[08:59]
Namjies	Well parents can't decide for their children how to act and neither can a kid do for his parent. Left out to the means of parents, kids who would be productive with proper education are left out. If we provide but exclude undeserving kids, but the parent are productive, they're left with a kid to provide for, which would also keep them away from work.	[09:01]
mircea_popescu	Well parents can't decide for their children how to << whart ?! why not ?	[09:01]
assbot	[MPEX] [S.MPOE] 5911 @ 0.00061539 = 3.6376 BTC [+]	[09:01]
assbot	[MPEX] [S.MPOE] 10739 @ 0.0006158 = 6.6131 BTC [+]	[09:01]
Bugpowder	asset creator has a max loss of the difference between the mean collatoral level and the price he sold it for	[09:01]
Bugpowder	right?	[09:01]
Namjies	They can't decide how they act.	[09:02]
mircea_popescu	Bugpowder yes, practically. as far as mpex is concerned at most he gets no collateral back, at best he gets all collateral back.	[09:02]
mircea_popescu	Namjies how they actually act or how they should act ?	[09:02]
Namjies	How they act. They can't control his brain as far as I'm aware.	[09:03]
Namjies	If the children is unwilling to behave regardless of what the parents do.	[09:03]
mircea_popescu	all children are born cowards.	[09:04]
mircea_popescu	an inability to make a kid act exactly the way you want is in general clear proof you're an idiot.	[09:04]
Namjies	There's always exception.	[09:04]
mircea_popescu	sure, but rather rare.	[09:04]
Namjies	Although we could consider that by having a child, you accept this possibility and choose to provide or do something with your child.	[09:04]
Bugpowder	So a price of over 0.097 for the MAR contract is not a guaranteed loss for an asset buyer on the open market, since collateral reqs are at 0.28 right now. Will the buyer be able to know how many contracts are at the low and high level? I imagine that would factor in risk/reward and purchase price calculations	[09:04]
mircea_popescu	Namjies no, we couldn't. having a kid is NOT a contract with the state.	[09:05]
assbot	[MPEX] [S.MPOE] 9511 @ 0.0006158 = 5.8569 BTC [+]	[09:05]
assbot	[MPEX] [S.MPOE] 7589 @ 0.000616 = 4.6748 BTC [+]	[09:05]
mircea_popescu	Bugpowder not other than by watching the market.	[09:05]
mircea_popescu	that aside, i agree the system is imperfect for these reasons, but i see no alternatives.	[09:05]
Bugpowder	just trying to figure it out.... some aspects are opaque	[09:06]
Namjies	A contract with the state? What are you talking about?	[09:06]
mircea_popescu	i mean i guess alternatively i could just shave the collateral each quarter, and return it.	[09:06]
mircea_popescu	that'd make it more fair ? maybe ?	[09:07]
mircea_popescu	Namjies as in, having a kid can not be considered a promise to anything nor an agreement to anything.	[09:07]
Bugpowder	Risk discovery would be easier	[09:07]
Bugpowder	for example, I was going to sell for .0888	[09:07]
mircea_popescu	having a kid is a sovereign right above and beyond any convention, much like breathing.	[09:07]
mircea_popescu	Bugpowder risk discovery would b easyer, but the risk of sudden collapse would be notable.	[09:08]
Bugpowder	but with this collateral scheme, I'm going to sell for over .097 to protect myself.	[09:08]
mircea_popescu	as in, quarter closes, all positions get wiped.	[09:08]
Bugpowder	but the buyer may not realize when the contract was struck	[09:08]
mircea_popescu	Bugpowder im really very much interested in discussing this in depth, i think it's very important.	[09:09]
Bugpowder	what about quarter closes, all margin reqs are reset to the new difficulty with the new multiplyer	[09:09]
mircea_popescu	the risk of collapse.	[09:09]
Bugpowder	anything that drops under that levels gets liquidated	[09:09]
mircea_popescu	suppose diff is above margin then. all positions = wiped.	[09:09]
Bugpowder	yes but that is known and predictable	[09:10]
mircea_popescu	but then we could just have a single 3 month contract that resets	[09:10]
mircea_popescu	no need for 4	[09:10]
Bugpowder	from the current diff level at the settlement date	[09:10]
Namjies	Yes, but if the government discharge a kid from the public system and returns it to it's parents... Wouldn't we consider that parents chose to be responsible? If they can't beat the life out of it/put it in a grinder, they have to do something with it.	[09:10]
mircea_popescu	Namjies who says they can;t ?	[09:10]
Namjies	Hmm, why could they?	[09:12]
mircea_popescu	their kid, their problem.	[09:13]
Namjies	If any parent can, then idiots would be permitted to kill their productive child be interpreting the child correcting their erros as disrespect. They could even kill him just because they feel like it.	[09:14]
assbot	[MPEX] [S.MPOE] 15704 @ 0.00061336 = 9.6322 BTC [-]	[09:15]
mircea_popescu	sure.	[09:15]
mircea_popescu	it comes with it being THEIR kid	[09:15]
mircea_popescu	not yours and not the state's.	[09:15]
Bugpowder	Well there are other variations, like a margin level that is adjusted for all asset creators that reflects the mean of the margin requirements of the population of contracts at time each was struck. This current liquidation value could be displayed on the contract trading page.	[09:15]
Bugpowder	it would then adjust in a smooth manner	[09:16]
Bugpowder	but someone could trigger liquidation with a large order	[09:16]
mircea_popescu	so basically, display the mean collateral per contract ?	[09:16]
Namjies	If kids are property, then every human is property.	[09:16]
mircea_popescu	ya i was gonna say, that's risky.	[09:16]
mircea_popescu	Namjies kids aren't people yet.	[09:16]
mircea_popescu	if they are, then they can fuck and have a beer	[09:16]
Namjies	And as such, if a couple wants slaves, they can manufacture them.	[09:17]
mircea_popescu	if they can't legally have a beer, then don't tell me they're people.	[09:17]
mircea_popescu	and the entire history of positive pop growth over millenia was exactly it : manufacturing slaves.	[09:17]
mircea_popescu	take that away you get negative pop growth	[09:18]
Bugpowder	Well. I gotta sleep. I have put some trial contracts out for sale. If they don't sell by next Weds, I wonder if potential buyers will understand that the contract is not an auto loss for them at my ask.	[09:18]
Namjies	Ah, so being legally allowed to have beer makes humans humans now? That's probably one of the weakest argument I've ever heard you say.	[09:18]
mircea_popescu	Bugpowder why autoloss ?	[09:19]
mircea_popescu	it's 9x innit ?	[09:19]
Namjies	It's not like you would believe the state can choose who can or cannot drink? That doesn't sound like you.	[09:19]
mircea_popescu	;;calc 2.9*3 33	[09:19]
gribble	804.837	[09:19]
Bugpowder	yes	[09:19]
mircea_popescu	o just 80	[09:19]
Bugpowder	but next week	[09:19]
Bugpowder	people will think that any price over .097 is autoloss for MAR	[09:19]
mircea_popescu	Namjies yes, if you don't recognise them some rights then they're slaves.	[09:19]
Bugpowder	due to the new collatoral reqs	[09:20]
Bugpowder	for new contracts	[09:20]
mircea_popescu	Bugpowder an important point here is that i would imagine actual margins being blown to be rare.	[09:20]
mircea_popescu	do you think not so ?	[09:20]
Bugpowder	ha	[09:20]
Bugpowder	i do	[09:20]
Bugpowder	but many people are more optimistic about ASICs than I	[09:21]
Bugpowder	and they are my potential customers	[09:21]
mircea_popescu	this is a point.	[09:21]
Namjies	Hmm, well I don't approve of persons having sovereignty over life and death of any human being, even kids.	[09:22]
mircea_popescu	Namjies me either, but the fact remains once you strip humans of some rights you can't pretend they're still humans.	[09:22]
mircea_popescu	they're not. so, either kids can do what they please or else they're slaves. no synthetic middle of the road so we can argue both ways	[09:22]
Namjies	Well, yes, I would still do. It depends on what you consider "human" however. I'm using it refering to the specy.	[09:24]
Namjies	Not their legal/rights status.	[09:24]
mircea_popescu	i was using it in the social participation sense. citizen.	[09:24]
assbot	[MPEX] [S.DICE] 887 @ 0.00336178 = 2.9819 BTC [-]	[09:24]
assbot	[MPEX] [S.DICE] 800 @ 0.00333874 = 2.671 BTC [-]	[09:24]
assbot	[MPEX] [S.DICE] 346 @ 0.00332218 = 1.1495 BTC [-]	[09:24]
midnightmagic	That's not what the law says..	[09:25]
Namjies	Well I suppose they are indeed not really citizens.	[09:25]
midnightmagic	Kids have fundamental rights, and can sue for emancipation.	[09:25]
midnightmagic	They are only not citizens insofar as they can't vote and aren't held responsible for their own actions.	[09:25]
midnightmagic	But they do have human rights which are inalienable regardless of how old they are.	[09:26]
mircea_popescu	midnightmagic we're discussing the philosophy of it rather than the practice.	[09:26]
midnightmagic	Even so.	[09:26]
mircea_popescu	even so what ? you can't have half a whole apple.	[09:26]
mircea_popescu	either it's whole or else it's not.	[09:26]
*	davout (~davout@unaffiliated/davout) has joined #bitcoin-assets	[09:27]
Namjies	You treat them the same way tho, wether they're half or whole. You treat it as food.	[09:27]
midnightmagic	I eat half an apple all the time.	[09:27]
mircea_popescu	but how you treat something speaks to you	[09:27]
mircea_popescu	not to the thing.	[09:27]
mircea_popescu	hence the distinction between practical (how society treats them) and philosophical (what they are)	[09:28]
midnightmagic	Consensus is a pretty powerful thing. Children are incapacitated people, until they either come into their responsibility, or prove they have it early.	[09:29]
mircea_popescu	consensus is a pretty socialist thing.	[09:29]
midnightmagic	Consensus is what society is.	[09:29]
mircea_popescu	truth is not something that is arrived at by consensus, nor is value.	[09:29]
midnightmagic	Reality is though.	[09:29]
mircea_popescu	nope, reality is not either.	[09:29]
mircea_popescu	and yes, consensus is society, which is what makes it dirty.	[09:29]
mircea_popescu	as a concept.	[09:29]
midnightmagic	If you have 99 people in a room repeating the same thing, the final will, 30% or so of the time, believe it too, even if their eyes tell them differently. Asche's conformity tests.	[09:30]
assbot	[MPEX] [S.MPOE] 9786 @ 0.00061336 = 6.0023 BTC [-]	[09:30]
assbot	[MPEX] [S.MPOE] 464 @ 0.00061 = 0.283 BTC [-]	[09:30]
midnightmagic	So, yes, even reality is consensus.	[09:30]
mircea_popescu	midnightmagic no. the social representation of reality is consensus	[09:30]
mircea_popescu	which is just a little more circularity.	[09:30]
midnightmagic	When I say "reality" I mean, "What a single human believes is reality." Not the objectively measurable thing itself.	[09:31]
mircea_popescu	the romans were in agreement that they kick ass, just as odoacer marched in.	[09:31]
mircea_popescu	consensus is in general the best tool to identify when you're about to get fucked.	[09:31]
Namjies	But if society is not based on consensus, on what do you propose it be based?	[09:31]
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mircea_popescu	Namjies i do not propose society not be based on consensus. i just say we need to understand thinking is an anterior, more important thing than society.	[09:32]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061016 = 2.6365 BTC [+]	[09:32]
assbot	[MPEX] [S.MPOE] 1386 @ 0.00061 = 0.8455 BTC [-]	[09:32]
assbot	[MPEX] [S.MPOE] 11393 @ 0.00060668 = 6.9119 BTC [-]	[09:32]
Namjies	Quite.	[09:32]
mircea_popescu	and so what society does has no bearing on the thinking side of things.	[09:32]
midnightmagic	That would be a rationalist's point of view. Unfortunately most humans are not rationalists.	[09:32]
mircea_popescu	well... so ?	[09:33]
mircea_popescu	i mean, "society" was in consensus earth is the center of the universe. lalala, big deal.	[09:33]
mircea_popescu	society is here mostly to amuse.	[09:33]
Namjies	But similarly, if consensus is required, how could someone have rights over life and death of another individual, even if only a child?	[09:34]
mircea_popescu	Namjies i don't propose that. i am just pointing out the inconsistency involved.	[09:34]
midnightmagic	Reality is not governed immediately by rational thinking, neither society. Thus, consensus by mass hallucination is what society arises from; more's the pity when the masses have already accepted a certain lesser reality as truth prior to it becoming enshrined in law.	[09:34]
*	midnightmagic shakes his fists at all the people who think the police have a right to show up at his door and demand to see what's going on in his garage.	[09:34]
mircea_popescu	midnightmagic well if female children are screaming bloody murder...	[09:35]
midnightmagic	:P	[09:35]
midnightmagic	Lots of heat, lots of power consumed in there..	[09:35]
midnightmagic	with giant open-air vents to the outside, and lots of noise at the neighbour's place.	[09:35]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061568 = 2.6604 BTC [+]	[09:35]
assbot	[MPEX] [S.MPOE] 7461 @ 0.000616 = 4.596 BTC [+]	[09:35]
assbot	[MPEX] [S.MPOE] 2128 @ 0.00061647 = 1.3118 BTC [+]	[09:35]
mircea_popescu	why not just get a spot on an industrial zone like sane people	[09:35]
Namjies	Ah. Here, I am simply considering the benefits of protecting individuals on which harm is done. (and not helping someone is not harming him)	[09:36]
mircea_popescu	Namjies not helping someone is not harming him.	[09:36]
Namjies	That's exactly what I said.	[09:36]
mircea_popescu	and i agree.	[09:36]
midnightmagic	I'm pretty sure we have achieved a matched set of priors. :)	[09:36]
Namjies	And for those requesting help, consider case by case wether to or not.	[09:36]
midnightmagic	(narrowly)	[09:36]
mircea_popescu	but in principle, the problem with society is this : no 100% solution will ever exist. so, in general, we need to understand and accept that some kids will get raped, some people will get shot etc. trying to make a system where these are impossible results in an unworkable system	[09:37]
mircea_popescu	they just need to be unproductive.	[09:37]
Namjies	It is often beneficial to help kins if they don't live from your help.	[09:37]
midnightmagic	Harm minimization works wonders..	[09:37]
mircea_popescu	i agree.	[09:38]
mircea_popescu	and i help people all the time. the catch is that i never help people in systematic ways.	[09:38]
mircea_popescu	taxes are bs, nickle to panhandler is bs, tithe in church is bs, these are failure modes.	[09:38]
Namjies	Ah, but perfection is never achievable. Should we not strive for it as much as possible regardless?	[09:39]
mircea_popescu	you gotta double your dime with at least a dime's worth of your intelligence.	[09:39]
midnightmagic	I try to help people..	[09:39]
midnightmagic	I have to find a better way to do it.	[09:39]
mircea_popescu	midnightmagic here's an anecdote for you :	[09:39]
Namjies	But yes, people should not be systematically helped, on that I agree.	[09:39]
mircea_popescu	there's very nice farmer markets here. i bought 56 lei worth of smoked cheeses and other nice stuff. there was a beggar there, when he saw my cashroll he got all excited.	[09:39]
mircea_popescu	so i gave the salesgirl 60 and told her to give the guy food worth of the change	[09:40]
mircea_popescu	which he didn't want! he wanted money!	[09:40]
midnightmagic	For a long time I just tried to convince them of a better way to think. That doesn't work, basically ever. The last decade or so I've been trying to refine civil human compassion.	[09:40]
mircea_popescu	so she got to keep it.	[09:40]
midnightmagic	That's not really working so well either.	[09:40]
mircea_popescu	simple game of who gets this euro ? the "needy" or the working ?	[09:40]
midnightmagic	I am not prepared nor financially capable of providing for basic human needs and wants..	[09:41]
midnightmagic	How much is 1 lei worth.. hrm..	[09:41]
mircea_popescu	like 4 to the euro.	[09:41]
midnightmagic	LOL course he didn't want huge volumes of food.	[09:41]
mircea_popescu	actually, excellent food here is incredibly cheap	[09:42]
mircea_popescu	a 1 lb chunk of homesmoked, homemade cheese is like 20	[09:42]
midnightmagic	That's.. where? Romania right?	[09:42]
mircea_popescu	yeah.	[09:42]
mircea_popescu	one of the main reasons im here. better food than france, about on par wine, 1/10 the prices.	[09:42]
midnightmagic	$10 for it. That's an okay price, I would pay for that.	[09:42]
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mircea_popescu	lol i know people who'd pay 100+	[09:43]
midnightmagic	Do you have good meats there?	[09:43]
mircea_popescu	except you can't import it in the us.	[09:43]
mircea_popescu	midnightmagic except beef yeah.	[09:43]
*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[09:43]
midnightmagic	I've been trying out some nice smoked meats.. shinckenspeck.. what prosciutto wishes it were.	[09:43]
midnightmagic	so delicious.	[09:43]
mircea_popescu	hehehe	[09:44]
midnightmagic	I smoked my own heritage bacon a while back. Did I tell you about that?	[09:44]
mircea_popescu	nope	[09:44]
midnightmagic	Almost burned my house down.	[09:44]
mircea_popescu	lmao	[09:44]
mircea_popescu	then he wonders why police tries to keep an eye on him	[09:45]
mircea_popescu	midnightpublicmenace	[09:45]
midnightmagic	If my Dad hadn't the foresight to insist I keep my BBQ as far away from the house, I would be homeless right now.	[09:45]
midnightmagic	Well. "Homeless."	[09:45]
assbot	[MPEX] [S.MPOE] 3572 @ 0.00061647 = 2.202 BTC [+]	[09:45]
assbot	[MPEX] [S.MPOE] 6328 @ 0.00061675 = 3.9028 BTC [+]	[09:45]
mircea_popescu	and actually ima go have some.	[09:46]
midnightmagic	I ruined the first two sets of pork bellies, and the farmer was so pissed off at me for ruining the mean (even though I'd paid for the damn stuff) she made me butcher the last one myself.	[09:46]
Namjies	Hmm, so we don't really disagree. But at first what you say always seem to point to that your beliefs revolves around an "all for myself" basis where no help/cooperation of any sort is acceptable (and similar with anything else, always seem like an extreme "never".) When in fact you either don't agree with how it's done or how it should be applied or when it's acceptable.	[09:46]
mircea_popescu	if everyone's done dumping the k's of btc on mpex for five minutes	[09:46]
mircea_popescu	Namjies sounds aboutright	[09:46]
Namjies	I often end up wondering, why are we arguing on the topic?	[09:46]
midnightmagic	Namjies: To reveal and align your priors! :-D	[09:47]
Namjies	Ahah...	[09:47]
midnightmagic	And then let Aumann's agreement theorem take over! :-)	[09:47]
Namjies	I always wonder if you willingly make your initial statements seem like an extremist "never" to promote discussion or simply for the sake of keeping it short.	[09:50]
midnightmagic	Oh you mean you and MP specifically.	[09:51]
mircea_popescu	ahh	[09:58]
mircea_popescu	Namjies for the sake of keeping it short	[09:58]
mircea_popescu	and also for the sake of keeping them rare. idiots tend to self-select as they can't cope with it.	[09:59]
Namjies	I would have though so.	[09:59]
Namjies	So... to start another discussion... why was it that you placed such high registration fees on MPEx?	[10:01]
mircea_popescu	because there's no practical way to check people's disposable income.	[10:01]
mircea_popescu	that measure they have irl of qualified investors is pretty smart.	[10:01]
Namjies	And you wanted to keep low cash investors out like the ones on GLBSE.	[10:02]
Namjies	The ones which might have a few shares paid with faucet like websites.	[10:03]
mircea_popescu	i want to keep people unable to meaningfully contribute in the market out of it.	[10:03]
mircea_popescu	meaningfully contribute means of course help with price formation.	[10:03]
mircea_popescu	this has been stated in the inverse, as "keeping drama out"	[10:04]
mircea_popescu	basically it's the same thing	[10:04]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00060689 = 2.6224 BTC [-]	[10:05]
assbot	[MPEX] [S.MPOE] 21379 @ 0.00060668 = 12.9702 BTC [-]	[10:05]
Namjies	Ah. But isn't keeping the drama out basically coming out to avoiding certain kind of issued shares like the ones that were allowed on GLBSE? Not the size of investments?	[10:05]
mircea_popescu	i don't think the two are a different thing.	[10:05]
assbot	[MPEX] [S.MPOE] 900 @ 0.00061169 = 0.5505 BTC [+]	[10:06]
assbot	[MPEX] [S.MPOE] 3421 @ 0.00061169 = 2.0926 BTC [+]	[10:07]
assbot	[MPEX] [S.MPOE] 4439 @ 0.00061174 = 2.7155 BTC [+]	[10:07]
mircea_popescu	at the macro level (which is what i do for mpex) you are well advised to use macro tools. a barrier to entry for instance.	[10:07]
mircea_popescu	targeted intervention is usually a bad idea.	[10:07]
Namjies	The way I see it, if they're not good investors, there's not really any incentive to protect them from entering the market. Any purchasing power small or large pressures prices up or down.	[10:07]
Namjies	I suppose this is what coinbr is for tho.	[10:07]
mircea_popescu	for instance, so you understand better that i mean : in the discussion for psychoticboy's asset relisting, mpex got 1 vote, out of like 30.	[10:08]
Namjies	Same as small investors go through a brokerage firm to get a few shares.	[10:08]
mircea_popescu	mpex would never list some asset making 3 btc a month, let alone something as dubious as those were. but it doesn't have to not list it :	[10:08]
mircea_popescu	the people don't want it listed anyway.	[10:08]
mircea_popescu	so it works splendidly.	[10:08]
assbot	[MPEX] [S.MPOE] 5161 @ 0.00061174 = 3.1572 BTC [+]	[10:09]
Namjies	Well I see the point of not managing low income assets. Not worth the support. However for traders, there's always trading fees. But to avoid providing tech support to them, keep them out with a large fee. Enters coinbr which acts like a brokerage firm. And requires a monthly fee for having an account and higher trading fees.	[10:11]
Namjies	I suppose considering this, it makes a lot of sense.	[10:11]
mircea_popescu	there's nothing wrong with having brokers serving any market niche. irl there's ameritrade and optionsexpress and etc doing online accounts	[10:11]
mircea_popescu	but it has to be brokers serving these markets.	[10:12]
Namjies	Yes.	[10:12]
mircea_popescu	in other words, my core mission still is to equip btc with the weaponry it needs to win the war with fiat. this hasn't and won't change.	[10:12]
mircea_popescu	so just going about that.	[10:12]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061432 = 2.6545 BTC [+]	[10:14]
assbot	[MPEX] [S.MPOE] 7193 @ 0.00061422 = 4.4181 BTC [-]	[10:14]
*	Gladamas (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets	[10:14]
Namjies	I often forget you want to manage MPEx as a stock exchange and that the fee I paid is actually to get a "seat" of sort.	[10:15]
mircea_popescu	right.	[10:15]
mircea_popescu	if i call it a stock exchange i actually mean the words.	[10:16]
mircea_popescu	i guess that's rare, but still.	[10:16]
Namjies	It's a small fee although the total capitalization on MPEx is also low. If it keeps going to become one of the major stock exchange for Bitcoins, that "seat" would be quite a good value however.	[10:16]
mircea_popescu	it's "small" only in terms of btc fiat value atm.	[10:18]
Namjies	Indeed.	[10:18]
mircea_popescu	otherwise its a 30 units fee on a 20mn total monetary mass.	[10:18]
mircea_popescu	that'd be a 7mn fee in fiat.	[10:18]
Namjies	Eheh	[10:18]
mircea_popescu	so, as btc goes up (and in no small part because of mpex) the fee scales. is perfect-ish	[10:18]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061663 = 2.6645 BTC [+]	[10:20]
assbot	[MPEX] [S.MPOE] 22963 @ 0.00061675 = 14.1624 BTC [+]	[10:20]
assbot	[MPEX] [X.EWTI] 500 @ 0.0614575 = 30.7288 BTC [-]	[10:23]
Namjies	I still disapprove of MPEx not having it's own domain however. Especially because of the dtng board kept on same domain. Although I don't mind it, I know many people with large capital and qualified to participate will be repulsed by that fact. If you recall stating some were more sensitive on the topic in other cultures, like in America, or something to that effect.	[10:23]
mircea_popescu	anyway. total cap on mpex (stocks only) is just about to breach 1mn btc.	[10:23]
mircea_popescu	that's not low by any standards	[10:23]
assbot	[MPEX] [S.MPOE] 2609 @ 0.00061675 = 1.6091 BTC [+]	[10:24]
assbot	[MPEX] [S.MPOE] 10100 @ 0.00061755 = 6.2373 BTC [+]	[10:24]
assbot	[MPEX] [S.MPOE] 2580 @ 0.00061834 = 1.5953 BTC [+]	[10:24]
mircea_popescu	in fact this is the first online thing of that level. never before was a stock exchange ever had this	[10:24]
mircea_popescu	Namjies i actually was planning to both sell dtng and move mpex	[10:25]
Namjies	Hmm, I would find it interesting to see how people would react to that change.	[10:25]
mircea_popescu	:p	[10:26]
mircea_popescu	the beauty of how it's designed tho, is that i can run it symultaneously of multiple domains	[10:26]
mircea_popescu	and servers. i don't mean mirror it, i mean actually run it.	[10:27]
Namjies	Ah. Interesting.	[10:27]
mircea_popescu	there's no difference between two diff people loading http://polimedia.us/bitcoin/mpex.php in their browser and two or the same loading site1/site2 sorta thing	[10:28]
Namjies	Well multiple domain isn't hard. Multiple servers shouldn't be too much hassle either with current cloud/cluster services and virtualization capabilities.	[10:28]
Namjies	Although it does require work.	[10:29]
Namjies	Hmm.	[10:29]
mircea_popescu	i wouldn't use the cloud.	[10:29]
mircea_popescu	i dun trust it.	[10:29]
assbot	[MPEX] [S.MPOE] 7650 @ 0.00061834 = 4.7303 BTC [+]	[10:29]
Namjies	Not quite developed yet. Plus there's data safety concerns using a public cloud. Private cloud would be useful if you need to provide cloud like services for elastic subprojects. Otherwise, for your needs alone for one project, a cluster.	[10:31]
assbot	[MPEX] [S.MPOE] 1820 @ 0.00061834 = 1.1254 BTC [+]	[10:31]
assbot	[MPEX] [S.MPOE] 10200 @ 0.00061877 = 6.3115 BTC [+]	[10:31]
assbot	[MPEX] [S.MPOE] 1680 @ 0.00061914 = 1.0402 BTC [+]	[10:31]
Namjies	I also want to see what bitcointalk's trolls would then find to it. Other than that you're romanian. Complaining based on nationality...	[10:33]
mircea_popescu	lol.	[10:33]
mircea_popescu	it was a fine exercise so far, wasn't it.	[10:33]
mircea_popescu	anyway, im off to town for a little. catch you later a bit.	[10:33]
Namjies	That the fee is too damn high would probably be the only remaining complaint.	[10:33]
Namjies	Well goodbye then.	[10:33]
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assbot	[MPEX] [S.MPOE] 9420 @ 0.00061914 = 5.8323 BTC [+]	[10:42]
assbot	[MPEX] [S.MPOE] 6730 @ 0.00061916 = 4.1669 BTC [+]	[10:42]
*	Tritonio1 has quit (Ping timeout: 244 seconds)	[10:43]
*	Tritonio1 (~Tritonio@nl5x.mullvad.net) has joined #bitcoin-assets	[10:44]
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assbot	[MPEX] [S.MPOE] 3600 @ 0.00061549 = 2.2158 BTC [-]	[10:46]
assbot	[MPEX] [S.MPOE] 808 @ 0.00061916 = 0.5003 BTC [+]	[10:50]
assbot	[MPEX] [S.MPOE] 4992 @ 0.00061923 = 3.0912 BTC [+]	[10:50]
*	Tritonio (~Tritonio@nl5x.mullvad.net) has joined #bitcoin-assets	[10:51]
assbot	[MPEX] [S.MPOE] 721 @ 0.00061549 = 0.4438 BTC [-]	[10:52]
assbot	[MPEX] [S.MPOE] 15829 @ 0.00061514 = 9.7371 BTC [-]	[10:52]
*	Tritonio1 has quit (Ping timeout: 244 seconds)	[10:52]
*	Tritonio1 (~Tritonio@nl4x.mullvad.net) has joined #bitcoin-assets	[10:55]
*	Tritonio has quit (Ping timeout: 250 seconds)	[10:57]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061909 = 2.6751 BTC [+]	[10:58]
assbot	[MPEX] [S.MPOE] 6208 @ 0.00061923 = 3.8442 BTC [+]	[10:58]
assbot	[MPEX] [S.MPOE] 5871 @ 0.00061952 = 3.6372 BTC [+]	[10:58]
*	Tritonio (~Tritonio@nl2x.mullvad.net) has joined #bitcoin-assets	[10:58]
*	Tritonio1 has quit (Ping timeout: 244 seconds)	[11:00]
assbot	[MPEX] [S.MPOE] 7013 @ 0.00061952 = 4.3447 BTC [+]	[11:02]
assbot	[MPEX] [S.MPOE] 3400 @ 0.0006198 = 2.1073 BTC [+]	[11:02]
assbot	[MPEX] [S.MPOE] 10376 @ 0.00062079 = 6.4413 BTC [+]	[11:02]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061536 = 2.659 BTC [-]	[11:03]
assbot	[MPEX] [S.MPOE] 5371 @ 0.00061514 = 3.3039 BTC [-]	[11:03]
assbot	[MPEX] [S.MPOE] 17230 @ 0.00061422 = 10.583 BTC [-]	[11:03]
*	sgnb` has quit (Read error: Connection reset by peer)	[11:10]
assbot	[MPEX] [S.MPOE] 416 @ 0.00061422 = 0.2555 BTC [-]	[11:10]
assbot	[MPEX] [S.MPOE] 1850 @ 0.00061321 = 1.1344 BTC [-]	[11:10]
*	sgnb` (~user@fbx.up7.fr) has joined #bitcoin-assets	[11:16]
assbot	[MPEX] [S.MPOE] 3597 @ 0.00060815 = 2.1875 BTC [-]	[11:18]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062075 = 2.6823 BTC [+]	[11:22]
assbot	[MPEX] [S.MPOE] 2274 @ 0.00062079 = 1.4117 BTC [+]	[11:22]
assbot	[MPEX] [S.MPOE] 8392 @ 0.00062132 = 5.2141 BTC [+]	[11:22]
assbot	[MPEX] [S.MPOE] 762 @ 0.00062188 = 0.4739 BTC [+]	[11:22]
assbot	[MPEX] [S.MPOE] 5188 @ 0.00062188 = 3.2263 BTC [+]	[11:33]
assbot	[MPEX] [S.MPOE] 2350 @ 0.00062197 = 1.4616 BTC [+]	[11:33]
assbot	[MPEX] [S.MPOE] 2612 @ 0.00062222 = 1.6252 BTC [+]	[11:33]
*	Namjies has quit ()	[11:35]
assbot	[MPEX] [S.DICE] 1442 @ 0.00332218 = 4.7906 BTC [-]	[11:41]
assbot	[MPEX] [S.MPOE] 6700 @ 0.00062222 = 4.1689 BTC [+]	[11:45]
*	tbcoin (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[11:48]
*	toffoo has quit ()	[11:49]
assbot	[MPEX] [S.MPOE] 22750 @ 0.00062197 = 14.1498 BTC [-]	[11:50]
assbot	[MPEX] [S.MPOE] 2000 @ 0.00061875 = 1.2375 BTC [-]	[11:50]
Diablo-D3	I need to quit sleeping so much	[11:52]
Ukto	lol	[11:52]
Ukto	u were asleep again?	[11:52]
Ukto	you should look at https://bitcointalk.org/index.php?topic=130754.0 ... :P	[11:53]
Diablo-D3	Ukto: meh, I dunno	[11:53]
Ukto	lol	[11:53]
Diablo-D3	I just didnt feel like being awake again	[11:53]
Ukto	i know that feeling	[11:54]
Ukto	wokring from home, and keeping my own schedual.. sometimes you just want another day to pass by before getting back up	[11:54]
Ukto	schedule*	[11:55]
Diablo-D3	Ukto: btw, re: that bitfunder thread	[11:56]
Diablo-D3	shouldnt that be 4 slots?	[11:56]
Diablo-D3	dmc already took the first one I thought	[11:56]
Ukto	LOL	[11:57]
Ukto	Put it in the thread and I'll mark it down. ;)	[11:57]
assbot	[MPEX] [S.MPOE] 2900 @ 0.00061875 = 1.7944 BTC [-]	[11:58]
assbot	[MPEX] [S.MPOE] 15831 @ 0.00061875 = 9.7954 BTC [-]	[12:01]
assbot	[MPEX] [S.MPOE] 8700 @ 0.00061872 = 5.3829 BTC [-]	[12:01]
assbot	[MPEX] [S.MPOE] 10849 @ 0.00060876 = 6.6044 BTC [-]	[12:01]
Ukto	wow, gald you put alot of details for ppl :P	[12:07]
Ukto	you make a great example. :P	[12:07]
Ukto	I guess I will fill it in for you	[12:07]
Diablo-D3	Ukto: I approach forums the way I approach perl	[12:08]
Ukto	"My understanding is the plan for DMC to continue trading and paying out dividends and plan to try to buy back the shares over time. Right?"	[12:09]
Ukto	Diablo-D3: As little interaction as possible?	[12:09]
Ukto	:P	[12:09]
Diablo-D3	bingo	[12:09]
Diablo-D3	Ukto: and no, no paying of dividends	[12:09]
assbot	[MPEX] [S.MPOE] 9222 @ 0.00060876 = 5.614 BTC [-]	[12:09]
Ukto	0,o	[12:09]
Ukto	Will the shares be worth anyone else really buying then?	[12:10]
Diablo-D3	depends entirely how much they pay for them	[12:10]
Ukto	I guess thats true...	[12:10]
Diablo-D3	if you take the first half of shares I bought back as an aggregate, people made back more than they originally invested already	[12:11]
Ukto	ah	[12:12]
Diablo-D3	not all shares were sold for 1BTC, even though that was originally the plan and trolls keep bringing that up	[12:14]
Diablo-D3	DMC raised closer to 2k, not 20k	[12:14]
Ukto	sucks :/	[12:14]
Diablo-D3	well, the market was shitting itself and I was trying to get a much larger stake of it	[12:15]
Diablo-D3	in the end nobody won	[12:15]
Ukto	you should pass my troll tag idea to theymos... Let ppl donate btc towards people getting TROLL tagged... if it hits 10btc they get tagged... :P	[12:15]
Diablo-D3	10? try 50.	[12:15]
Ukto	no	[12:15]
Ukto	50 gets you Super Troll	[12:15]
Ukto	100 is Epic Troll	[12:15]
Diablo-D3	fuck, I'd be epic troll by the end of the week	[12:15]
Ukto	:P	[12:16]
Ukto	see? would make theymos happy	[12:16]
Ukto	LOL	[12:16]
Diablo-D3	but I'm a forum mod :<	[12:16]
Ukto	told psycho he needs to set his title to 'Staff Troll'	[12:17]
Ukto	:P	[12:17]
Ukto	or Troll Moderator	[12:17]
Ukto	could mean either way	[12:17]
Ukto	:P	[12:17]
Ukto	for the discussion boards I am putting on BF... I am requirng ppl to have a linked weex account to post. :P	[12:18]
Ukto	(most will need that anyways)	[12:18]
Ukto	oh	[12:23]
*	Ukto is scanning the thread...	[12:23]
Ukto	did you already tell the shareholders there would be no divvies paid out?	[12:23]
Ukto	can already imagine ppl throwing a fit if not	[12:23]
assbot	[MPEX] [S.MPOE] 929 @ 0.00060876 = 0.5655 BTC [-]	[12:24]
assbot	[MPEX] [S.MPOE] 7703 @ 0.00060668 = 4.6733 BTC [-]	[12:24]
Ukto	thats how it was for the first half of the buyback right?	[12:26]
assbot	[MPEX] [S.MPOE] 4863 @ 0.00060913 = 2.9622 BTC [+]	[12:30]
assbot	[MPEX] [S.MPOE] 14554 @ 0.00061902 = 9.0092 BTC [+]	[12:30]
assbot	[MPEX] [S.MPOE] 1183 @ 0.00062222 = 0.7361 BTC [+]	[12:30]
Ukto	ahh, guess the buyback started the day before/of the shutdown, or therebouts	[12:31]
Ukto	Reading thread.. dont see anything about no divs.. :/	[12:31]
Ukto	still reading tho	[12:31]
assbot	[MPEX] [S.MPOE] 13205 @ 0.00062222 = 8.2164 BTC [+]	[12:33]
assbot	[MPEX] [S.MPOE] 9822 @ 0.00062241 = 6.1133 BTC [+]	[12:33]
assbot	[MPEX] [S.MPOE] 3073 @ 0.00062256 = 1.9131 BTC [+]	[12:33]
assbot	[MPEX] [S.MPOE] 4479 @ 0.00060668 = 2.7173 BTC [-]	[12:38]
*	Pasha (~Cory@unaffiliated/cory) has joined #bitcoin-assets	[12:38]
*	Cory has quit (Ping timeout: 245 seconds)	[12:39]
assbot	[MPEX] [S.MPOE] 12796 @ 0.00060668 = 7.7631 BTC [-]	[12:42]
assbot	[MPEX] [S.MPOE] 22404 @ 0.00060667 = 13.5918 BTC [-]	[12:42]
assbot	[MPEX] [S.MPOE] 4196 @ 0.00060667 = 2.5456 BTC [-]	[12:47]
assbot	[MPEX] [S.MPOE] 18450 @ 0.00060488 = 11.16 BTC [-]	[12:47]
assbot	[MPEX] [S.MPOE] 18204 @ 0.00060371 = 10.9899 BTC [-]	[12:47]
assbot	[MPEX] [S.MPOE] 15100 @ 0.00060966 = 9.2059 BTC [+]	[13:02]
*	Gladamas has quit (Quit: No Ping reply in 90 seconds.)	[13:02]
Diablo-D3	https://bitcointalk.org/index.php?topic=130795.0	[13:06]
Diablo-D3	bam	[13:06]
Diablo-D3	Ukto: yes, they're already aware of no dividends	[13:07]
Diablo-D3	there was a shareholder vote on it to do it for a limited time, then nefario locked my glbse account and tried to use his attempted removal of me as ceo as a cover for his bullshit	[13:07]
Diablo-D3	Ukto: theres no dividends to pay anyhow	[13:08]
Diablo-D3	dividends were generated from the mining assets we had while I was trying to save up the money to kick off the rest of the plan	[13:08]
Diablo-D3	ever since glbse went down, no one has been able to pay dividends	[13:09]
Diablo-D3	thus, theres no dividends to pay	[13:09]
Ukto	ah	[13:15]
Ukto	Diablo-D3: https://bitcointalk.org/index.php?topic=102181.msg1399421#msg1399421	[13:17]
Ukto	0,0	[13:17]
Diablo-D3	er, what am I reading?	[13:18]
Ukto	oh, er	[13:20]
Ukto	was just my comments on somoene moaning over BF's tos	[13:21]
Ukto	which is the only one that hhas a promise to the users, instead of nothing at all	[13:21]
Diablo-D3	heh	[13:22]
Ukto	its like star wars.. lets vote for to turn the republic into an empire! yay!	[13:22]
Ukto	...	[13:22]
Ukto	it sounds prettier!	[13:22]
Ukto	:P	[13:22]
Diablo-D3	anyhow	[13:24]
Diablo-D3	I think luke'll shut up now	[13:24]
Diablo-D3	fucking retard	[13:26]
*	Gladamas (~Gladamas@dyn.98-139-19-46.swissinet.com) has joined #bitcoin-assets	[13:28]
*	PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets	[13:28]
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assbot	[MPEX] [S.MPOE] 4300 @ 0.00060969 = 2.6217 BTC [+]	[13:29]
Graet	gl with that Diablo-D3 :)	[13:29]
*	coingenuity (~coingenui@unaffiliated/coingenuity) has joined #bitcoin-assets	[13:30]
Diablo-D3	I think I need food	[13:31]
Diablo-D3	all this countertrolling (ie, countering of trolls) has made me hungry	[13:32]
Ukto	amended: "Also, I noticed that you have never posted in the GSDPT thread before, other than to +1 btct. It just made me curious if you happen to own any shares of GSDPT?"	[13:33]
Ukto	-_-	[13:33]
Ukto	i think thats what I just did. countertrolled	[13:33]
assbot	[MPEX] [S.MPOE] 2250 @ 0.00060966 = 1.3717 BTC [-]	[13:33]
assbot	[MPEX] [S.MPOE] 10696 @ 0.00060578 = 6.4794 BTC [-]	[13:33]
*	da2ce723 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets	[13:34]
*	leotreasure has quit (Quit: leotreasure)	[13:35]
assbot	[MPEX] [S.MPOE] 5918 @ 0.00060578 = 3.585 BTC [-]	[13:38]
assbot	[MPEX] [S.MPOE] 696 @ 0.00060371 = 0.4202 BTC [-]	[13:38]
assbot	[MPEX] [S.MPOE] 8931 @ 0.0006027 = 5.3827 BTC [-]	[13:38]
assbot	[MPEX] [S.MPOE] 1655 @ 0.00060257 = 0.9973 BTC [-]	[13:38]
*	da2ce723 has quit (Ping timeout: 244 seconds)	[13:39]
assbot	[MPEX] [S.MPOE] 3428 @ 0.00060969 = 2.09 BTC [+]	[13:42]
assbot	[MPEX] [S.MPOE] 9000 @ 0.00061451 = 5.5306 BTC [+]	[13:42]
assbot	[MPEX] [S.MPOE] 9772 @ 0.00061639 = 6.0234 BTC [+]	[13:46]
*	rdponticelli has quit (Ping timeout: 276 seconds)	[13:55]
assbot	[MPEX] [S.MPOE] 3172 @ 0.00060734 = 1.9265 BTC [-]	[14:03]
*	Transisto has quit (Read error: Connection reset by peer)	[14:03]
assbot	[MPEX] [S.MPOE] 14400 @ 0.00060729 = 8.745 BTC [-]	[14:04]
assbot	[MPEX] [S.MPOE] 2250 @ 0.0006066 = 1.3649 BTC [-]	[14:04]
assbot	[MPEX] [S.MPOE] 39756 @ 0.00060734 = 24.1454 BTC [+]	[14:06]
assbot	[MPEX] [S.MPOE] 9742 @ 0.0006179 = 6.0196 BTC [+]	[14:06]
assbot	[MPEX] [S.MPOE] 14027 @ 0.00062256 = 8.7326 BTC [+]	[14:06]
assbot	[MPEX] [S.MPOE] 7075 @ 0.00062258 = 4.4048 BTC [+]	[14:06]
*	Transisto (~TransistO@bas2-quebec03-1176409898.dsl.bell.ca) has joined #bitcoin-assets	[14:06]
*	Transisto has quit (Read error: Connection reset by peer)	[14:06]
*	Transisto (~TransistO@bas2-quebec03-1176409898.dsl.bell.ca) has joined #bitcoin-assets	[14:08]
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*	FabianB has quit (Ping timeout: 264 seconds)	[14:12]
assbot	[MPEX] [S.MPOE] 14035 @ 0.00062098 = 8.7155 BTC [-]	[14:13]
assbot	[MPEX] [S.MPOE] 3365 @ 0.00062258 = 2.095 BTC [+]	[14:13]
Ukto	fwiw: https://bitcointalk.org/index.php?topic=102181.msg1399481#msg1399481	[14:19]
assbot	[MPEX] [S.MPOE] 22000 @ 0.00061506 = 13.5313 BTC [-]	[14:19]
assbot	[MPEX] [S.MPOE] 10363 @ 0.0006066 = 6.2862 BTC [-]	[14:22]
*	Bugpowder has quit (Ping timeout: 245 seconds)	[14:27]
assbot	[MPEX] [S.MPOE] 2717 @ 0.00060944 = 1.6558 BTC [+]	[14:31]
assbot	[MPEX] [S.MPOE] 5283 @ 0.00062258 = 3.2891 BTC [+]	[14:31]
*	tbcoin_ (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[14:39]
*	Azelphur has quit (Excess Flood)	[14:39]
assbot	[MPEX] [S.MPOE] 16829 @ 0.00062258 = 10.4774 BTC [+]	[14:41]
assbot	[MPEX] [S.MPOE] 3071 @ 0.00062272 = 1.9124 BTC [+]	[14:41]
*	Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets	[14:42]
*	tbcoin_ has quit (Client Quit)	[14:42]
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*	copumpkin has quit (Ping timeout: 244 seconds)	[14:46]
*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[14:47]
assbot	[MPEX] [S.DICE] 2100 @ 0.0032948 = 6.9191 BTC [-]	[14:49]
*	tbcoin (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[14:50]
assbot	[MPEX] [S.DICE] 1034 @ 0.0032948 = 3.4068 BTC [-]	[14:51]
assbot	[MPEX] [S.DICE] 1575 @ 0.00328789 = 5.1784 BTC [-]	[14:51]
*	kakobrekla has quit (Ping timeout: 260 seconds)	[14:58]
*	kakobrekla (~T42@89-212-41-49.static.t-2.net) has joined #bitcoin-assets	[14:58]
*	kakobrekla is now known as Guest20044	[14:59]
assbot	[MPEX] [S.MPOE] 1900 @ 0.0006164 = 1.1712 BTC [-]	[15:00]
*	davout (~davout@LVelizy-156-44-13-161.w80-11.abo.wanadoo.fr) has joined #bitcoin-assets	[15:02]
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*	davout (~davout@unaffiliated/davout) has joined #bitcoin-assets	[15:02]
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assbot	[MPEX] [S.MPOE] 18000 @ 0.0006164 = 11.0952 BTC [-]	[15:06]
assbot	[MPEX] [S.MPOE] 17096 @ 0.00061562 = 10.5246 BTC [-]	[15:09]
assbot	[MPEX] [S.MPOE] 3725 @ 0.00061398 = 2.2871 BTC [-]	[15:09]
*	Smoovious has quit (Ping timeout: 248 seconds)	[15:10]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[15:11]
assbot	[MPEX] [S.DICE] 3650 @ 0.00330342 = 12.0575 BTC [+]	[15:13]
assbot	[MPEX] [S.DICE] 600 @ 0.0033178 = 1.9907 BTC [+]	[15:13]
*	Azelphur has quit (Excess Flood)	[15:15]
*	Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets	[15:19]
assbot	[MPEX] [S.MPOE] 5700 @ 0.00061488 = 3.5048 BTC [+]	[15:20]
assbot	[MPEX] [S.MPOE] 2169 @ 0.00061398 = 1.3317 BTC [-]	[15:20]
assbot	[MPEX] [S.MPOE] 30050 @ 0.00060912 = 18.3041 BTC [-]	[15:38]
assbot	[MPEX] [S.MPOE] 400 @ 0.00060912 = 0.2436 BTC [-]	[15:41]
assbot	[MPEX] [S.MPOE] 1987 @ 0.0006066 = 1.2053 BTC [-]	[15:41]
assbot	[MPEX] [S.MPOE] 7313 @ 0.00060564 = 4.429 BTC [-]	[15:41]
assbot	[MPEX] [S.MPOE] 13187 @ 0.00060564 = 7.9866 BTC [-]	[15:46]
assbot	[MPEX] [S.MPOE] 5213 @ 0.00060502 = 3.154 BTC [-]	[15:46]
assbot	[MPEX] [S.MPOE] 9609 @ 0.00060502 = 5.8136 BTC [-]	[15:50]
assbot	[MPEX] [S.MPOE] 2799 @ 0.00060257 = 1.6866 BTC [-]	[15:50]
assbot	[MPEX] [S.MPOE] 3692 @ 0.00060213 = 2.2231 BTC [-]	[15:50]
assbot	[MPEX] [S.MPOE] 14250 @ 0.00060499 = 8.6211 BTC [+]	[15:57]
assbot	[MPEX] [S.MPOE] 6233 @ 0.00060499 = 3.7709 BTC [+]	[16:02]
assbot	[MPEX] [S.MPOE] 4667 @ 0.00060286 = 2.8135 BTC [-]	[16:02]
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assbot	[MPEX] [S.MPOE] 1083 @ 0.00060286 = 0.6529 BTC [-]	[16:10]
assbot	[MPEX] [S.MPOE] 2700 @ 0.00060262 = 1.6271 BTC [-]	[16:10]
assbot	[MPEX] [S.MPOE] 12408 @ 0.00060213 = 7.4712 BTC [-]	[16:10]
assbot	[MPEX] [S.MPOE] 4059 @ 0.00060154 = 2.4417 BTC [-]	[16:10]
assbot	[MPEX] [S.MPOE] 23591 @ 0.00060154 = 14.1909 BTC [-]	[16:14]
assbot	[MPEX] [S.MPOE] 1909 @ 0.00060111 = 1.1475 BTC [-]	[16:14]
assbot	[MPEX] [S.MPOE] 17516 @ 0.00060985 = 10.6821 BTC [+]	[16:17]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[16:24]
*	Luceo has quit (Remote host closed the connection)	[16:25]
assbot	[MPEX] [S.MPOE] 8034 @ 0.00060985 = 4.8995 BTC [+]	[16:28]
assbot	[MPEX] [S.MPOE] 3210 @ 0.00061054 = 1.9598 BTC [+]	[16:28]
*	gigavps (~me@rrcs-71-42-11-79.se.biz.rr.com) has joined #bitcoin-assets	[16:30]
*	LiquidBits (~LiquidBit@204.195.153.218) has joined #bitcoin-assets	[16:35]
assbot	[MPEX] [S.MPOE] 4190 @ 0.00061054 = 2.5582 BTC [+]	[16:35]
assbot	[MPEX] [S.MPOE] 2210 @ 0.00061063 = 1.3495 BTC [+]	[16:35]
assbot	[MPEX] [S.MPOE] 22400 @ 0.00060922 = 13.6465 BTC [-]	[16:40]
assbot	[MPEX] [S.MPOE] 6632 @ 0.0006083 = 4.0342 BTC [-]	[16:40]
assbot	[MPEX] [S.MPOE] 20129 @ 0.00061063 = 12.2914 BTC [+]	[16:48]
assbot	[MPEX] [S.MPOE] 6422 @ 0.00061262 = 3.9342 BTC [+]	[16:48]
assbot	[MPEX] [S.MPOE] 291 @ 0.00061602 = 0.1793 BTC [+]	[16:48]
assbot	[MPEX] [S.MPOE] 12068 @ 0.0006083 = 7.341 BTC [-]	[16:49]
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assbot	[MPEX] [S.MPOE] 4532 @ 0.0006048 = 2.741 BTC [-]	[17:05]
assbot	[MPEX] [S.MPOE] 16900 @ 0.00060639 = 10.248 BTC [+]	[17:05]
assbot	[MPEX] [S.MPOE] 9909 @ 0.00061602 = 6.1041 BTC [+]	[17:05]
assbot	[MPEX] [S.MPOE] 4550 @ 0.0006164 = 2.8046 BTC [+]	[17:13]
assbot	[MPEX] [S.MPOE] 9329 @ 0.00062272 = 5.8094 BTC [+]	[17:13]
assbot	[MPEX] [S.MPOE] 13095 @ 0.0006233 = 8.1621 BTC [+]	[17:13]
assbot	[MPEX] [S.MPOE] 5705 @ 0.0006233 = 3.5559 BTC [+]	[17:30]
assbot	[MPEX] [S.MPOE] 23000 @ 0.00062351 = 14.3407 BTC [+]	[17:30]
assbot	[MPEX] [S.MPOE] 18495 @ 0.00062357 = 11.5329 BTC [+]	[17:30]
*	davout_ (~davout@LVelizy-156-44-13-161.w80-11.abo.wanadoo.fr) has joined #bitcoin-assets	[17:30]
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assbot	[MPEX] [S.MPOE] 6255 @ 0.00062357 = 3.9004 BTC [+]	[17:37]
assbot	[MPEX] [S.MPOE] 17745 @ 0.00062422 = 11.0768 BTC [+]	[17:37]
assbot	[MPEX] [S.MPOE] 22064 @ 0.00062215 = 13.7271 BTC [-]	[17:40]
assbot	[MPEX] [S.MPOE] 136 @ 0.00062215 = 0.0846 BTC [-]	[17:42]
assbot	[MPEX] [S.MPOE] 3164 @ 0.00061602 = 1.9491 BTC [-]	[17:42]
assbot	[MPEX] [S.MPOE] 3850 @ 0.00062422 = 2.4032 BTC [+]	[17:44]
assbot	[MPEX] [S.MPOE] 5705 @ 0.00062422 = 3.5612 BTC [+]	[17:57]
assbot	[MPEX] [S.MPOE] 1745 @ 0.00062706 = 1.0942 BTC [+]	[17:57]
assbot	[MPEX] [S.MPOE] 9878 @ 0.00061602 = 6.085 BTC [-]	[18:08]
assbot	[MPEX] [S.MPOE] 4525 @ 0.00061368 = 2.7769 BTC [-]	[18:08]
assbot	[MPEX] [S.MPOE] 10293 @ 0.00061015 = 6.2803 BTC [-]	[18:10]
assbot	[MPEX] [S.MPOE] 15884 @ 0.00062706 = 9.9602 BTC [+]	[18:10]
assbot	[MPEX] [S.MPOE] 22075 @ 0.00060319 = 13.3154 BTC [-]	[18:16]
assbot	[MPEX] [S.MPOE] 10900 @ 0.00060316 = 6.5744 BTC [-]	[18:16]
assbot	[MPEX] [S.MPOE] 9319 @ 0.00060111 = 5.6017 BTC [-]	[18:16]
assbot	[MPEX] [S.MPOE] 4396 @ 0.00060093 = 2.6417 BTC [-]	[18:16]
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assbot	[MPEX] [S.DICE] 558 @ 0.0033178 = 1.8513 BTC [+]	[18:32]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[18:36]
assbot	[MPEX] [S.MPOE] 8600 @ 0.00061934 = 5.3263 BTC [+]	[18:40]
assbot	[MPEX] [S.MPOE] 8500 @ 0.00061967 = 5.2672 BTC [+]	[18:40]
assbot	[MPEX] [S.MPOE] 3300 @ 0.00062706 = 2.0693 BTC [+]	[18:40]
*	da2ce7_d (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets	[18:42]
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assbot	[MPEX] [S.MPOE] 13800 @ 0.00061154 = 8.4393 BTC [-]	[19:04]
assbot	[MPEX] [S.MPOE] 15700 @ 0.00060802 = 9.5459 BTC [-]	[19:04]
assbot	[MPEX] [S.MPOE] 20100 @ 0.00060556 = 12.1718 BTC [-]	[19:04]
assbot	[MPEX] [S.MPOE] 13129 @ 0.00060489 = 7.9416 BTC [-]	[19:04]
assbot	[MPEX] [S.DICE] 1600 @ 0.0034 = 5.44 BTC [+]	[19:08]
*	plate (~plate@cpe-67-242-185-98.rochester.res.rr.com) has joined #bitcoin-assets	[19:15]
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assbot	[MPEX] [S.MPOE] 8400 @ 0.00060635 = 5.0933 BTC [+]	[19:17]
*	Luceo (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets	[19:18]
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*	rdponticelli has quit (Ping timeout: 276 seconds)	[19:38]
assbot	[MPEX] [S.MPOE] 10000 @ 0.00061634 = 6.1634 BTC [+]	[19:39]
*	copumpkin has quit (Ping timeout: 265 seconds)	[19:44]
*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[19:44]
assbot	[MPEX] [S.MPOE] 5000 @ 0.00061634 = 3.0817 BTC [+]	[19:46]
assbot	[MPEX] [S.MPOE] 2800 @ 0.00060635 = 1.6978 BTC [-]	[19:46]
assbot	[MPEX] [S.MPOE] 6621 @ 0.00060489 = 4.005 BTC [-]	[19:46]
assbot	[MPEX] [S.MPOE] 11311 @ 0.00060459 = 6.8385 BTC [-]	[19:46]
assbot	[MPEX] [S.MPOE] 1345 @ 0.00060318 = 0.8113 BTC [-]	[19:46]
mircea_popescu	sooo what's up today	[19:50]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[19:50]
assbot	[MPEX] [S.MPOE] 11250 @ 0.00060318 = 6.7858 BTC [-]	[19:52]
gigavps	i'm starting to think the scam accusations section of the forums is getting over used	[19:53]
gigavps	but what do i know..	[19:53]
mircea_popescu	who now ?	[19:53]
mircea_popescu	i recall piuk getting hit for $6.	[19:53]
assbot	[MPEX] [S.MPOE] 9622 @ 0.00060318 = 5.8038 BTC [-]	[19:57]
*	copumpkin has quit (Ping timeout: 265 seconds)	[19:57]
*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[19:58]
PsychoticBoy	I think you are right gigavps	[19:59]
assbot	[MPEX] [S.MPOE] 15150 @ 0.00061767 = 9.3577 BTC [+]	[19:59]
*	OneEyed has quit (Ping timeout: 246 seconds)	[20:07]
assbot	[MPEX] [S.MPOE] 11600 @ 0.00062226 = 7.2182 BTC [+]	[20:07]
*	darkee (~darkee@gateway/tor-sasl/darkee) has joined #bitcoin-assets	[20:17]
assbot	[MPEX] [S.MPOE] 1600 @ 0.00062226 = 0.9956 BTC [+]	[20:18]
assbot	[MPEX] [S.MPOE] 16050 @ 0.00061724 = 9.9067 BTC [-]	[20:18]
assbot	[MPEX] [S.MPOE] 4383 @ 0.00060318 = 2.6437 BTC [-]	[20:18]
assbot	[MPEX] [S.MPOE] 4340 @ 0.00060225 = 2.6138 BTC [-]	[20:18]
midnightmagic	yeah, right.	[20:19]
*	OneEyed (~oneeyed@unaffiliated/oneeyed) has joined #bitcoin-assets	[20:20]
assbot	[MPEX] [S.MPOE] 16350 @ 0.00060225 = 9.8468 BTC [-]	[20:22]
mircea_popescu	the bfl thing is beyond incredible.	[20:25]
mircea_popescu	i have never heard of such a thing.	[20:25]
mircea_popescu	in other news : SD Profit before fees: 30628.62760334 BTC (2.055%)	[20:26]
mircea_popescu	holy shit they're going to post +14k at this rate.	[20:26]
jcpham	http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213	[20:27]
jcpham	link me to this new bfl drama	[20:27]
jcpham	don't make me read up in the buffer	[20:27]
mircea_popescu	jcpham 1 second	[20:27]
mircea_popescu	let the girl post first.	[20:27]
jcpham	https://bitcointalk.org/index.php?topic=89902.0	[20:29]
jcpham	that one?	[20:29]
mircea_popescu	nah	[20:32]
assbot	[MPEX] [S.MPOE] 5200 @ 0.00061881 = 3.2178 BTC [+]	[20:32]
*	Guest20044 is now known as kakobrekla	[20:33]
assbot	[MPEX] [S.MPOE] 10210 @ 0.00060225 = 6.149 BTC [-]	[20:34]
assbot	[MPEX] [S.MPOE] 4054 @ 0.00060093 = 2.4362 BTC [-]	[20:34]
assbot	[MPEX] [S.MPOE] 2636 @ 0.00060054 = 1.583 BTC [-]	[20:34]
mircea_popescu	jcpham https://bitcointalk.org/index.php?topic=129566.msg1400034#msg1400034	[20:36]
jcpham	i tried to read it but I was staring at her avatar the whole time	[20:37]
*	Pasha is now known as Cory	[20:38]
assbot	[MPEX] [S.MPOE] 3351 @ 0.00060054 = 2.0124 BTC [-]	[20:39]
mircea_popescu	good plan.	[20:39]
*	toffoo (~tof@187.67.17.146) has joined #bitcoin-assets	[20:41]
smickles	mircea_popescu: see comment	[20:47]
smickles	and I typo'd "If" into "I" :(	[20:48]
assbot	[MPEX] [S.MPOE] 10414 @ 0.00060775 = 6.3291 BTC [+]	[20:53]
smickles	Ya know, If I really had confidence in that formula, I would sell a crapload of futures based on the projected costs of a farm and equipment and use the btc to buy a farm and equipment	[20:53]
smickles	to quote the owl, "let's find out"	[20:53]
Diablo-D3	smickles: heh	[20:53]
smickles	using a single BFL product as an example	[20:54]
Diablo-D3	smickles: well	[20:54]
Diablo-D3	if I wanted to be a fucking dick	[20:54]
Diablo-D3	I'd sell futures and then take the money and buy lots of mining hardware	[20:54]
smickles	oh?	[20:54]
Diablo-D3	and then no matter what happens, I end up with lots of cash	[20:54]
smickles	how's that being a dick?	[20:54]
smickles	if you sell at the right price, that is a good move	[20:55]
Diablo-D3	I dunno	[20:55]
Diablo-D3	Im trying to figure out how to turn other peoples money into my money without betting	[20:55]
smickles	Diablo-D3: i'm talking about this formula: I believe that any sufficiently large miner can make relatively safe profits by selling these contracts in an amount derived by the following formula:	[20:55]
smickles	([easiest difficulty shares per minute] * ([current block reward] / [current difficulty])) * [minutes until settlement] * 2	[20:55]
smickles	They should sell at a price per contract greater than the projected expenses for the time period divided by the number of contracts.	[20:55]
smickles	The amount received in excess of projected expenses should be risk free profit. Which, btw, is received in advance of the work being done. Which enables the miner to buy more equipment and repeat the process.	[20:55]
Diablo-D3	smickles: _huh_	[20:56]
Diablo-D3	smickles: so do me a favor	[20:56]
smickles	Diablo-D3: that formula might work for you, if you know shares per minute and projected costs	[20:56]
Diablo-D3	plug the current numbers into that	[20:56]
smickles	I have	[20:56]
Diablo-D3	whats the number	[20:56]
assbot	[MPEX] [S.MPOE] 1286 @ 0.00060775 = 0.7816 BTC [+]	[20:56]
assbot	[MPEX] [S.MPOE] 1300 @ 0.00060716 = 0.7893 BTC [-]	[20:56]
assbot	[MPEX] [S.MPOE] 4703 @ 0.00060054 = 2.8243 BTC [-]	[20:56]
smickles	well, what's a good number for cost per Gh?	[20:56]
smickles	(per month)	[20:56]
Diablo-D3	hrm, well	[20:56]
Diablo-D3	per month? what, electricity or what?	[20:56]
smickles	electricity and proportional equipment cost	[20:57]
Diablo-D3	okay, so we're working with a 2 year pay off number or what?	[20:57]
smickles	based on a 5970 and the internet i came up with .3 btc per Gh per month	[20:57]
smickles	how does that sound?	[20:57]
Diablo-D3	on 5xxx or 69xx or 7xxx thats roughly, eh	[20:58]
smickles	a 2yr payoff is ideas, as that would equate to tax depreciation	[20:58]
smickles	*ideal	[20:58]
Diablo-D3	like, my 7970 does 675 mhash overclocked	[20:58]
mircea_popescu	thanks smickles	[20:59]
Diablo-D3	[01:59:09] The expected generation output, at 675.0 Mhps, given difficulty of 3370181.79928, is 0.100726636919 BTC per day and 0.00419694320496 BTC per hour.	[20:59]
smickles	anyway, if my estimate is near enough to correct, the formula says that a miner with 30Gh/s and .3btc/Gh/month costs would break even selling 54 contracts at 0.03322320 btc each	[21:00]
Diablo-D3	smickles: lets say $380 for the 7970, btw	[21:00]
smickles	Diablo-D3: so they should probably sell at .034 or .035ish	[21:00]
*	kakobrekla has quit (Read error: Operation timed out)	[21:01]
smickles	Diablo-D3: let me help you get into the proper mindset, it's not 380 USD it's 27.5 btc	[21:01]
assbot	[MPEX] [S.MPOE] 11110 @ 0.00060054 = 6.672 BTC [-]	[21:01]
*	smickles zing	[21:01]
assbot	[MPEX] [S.MPOE] 5452 @ 0.00060027 = 3.2727 BTC [-]	[21:01]
Diablo-D3	so 4.444~ btc per 30 day month per 1gh, $562.96 per 1gh	[21:02]
Diablo-D3	!ticker	[21:02]
assbot	Provide ticker.	[21:02]
Diablo-D3	er	[21:02]
Diablo-D3	;ticker	[21:02]
mircea_popescu	lol	[21:02]
Diablo-D3	fucking gribble	[21:02]
Diablo-D3	[02:02:17] BTCUSD ticker \| Best bid: 13.50006, Best ask: 13.60400, Bid-ask spread: 0.10394, Last trade: 13.50005, 24 hour volume: 51438.51375095, 24 hour low: 13.31012, 24 hour high: 13.90119, 24 hour vwap: 13.69112	[21:02]
smickles	Diablo-D3: 27.5 btc is your cost per Gh per month?	[21:02]
Diablo-D3	smickles: no, to buy	[21:03]
Diablo-D3	4.444~ btc generated per 30 day month per 1gh, 41.7 btc per 1gh to buy	[21:03]
Diablo-D3	and electricity is eh	[21:03]
smickles	that's about 1.14/month equipment costs	[21:04]
Diablo-D3	gotta figure out the power usage	[21:04]
Diablo-D3	and btw, that doesnt include the cost of the rigs	[21:04]
Diablo-D3	so theres going to be a cost per 7 of those	[21:04]
Diablo-D3	plus an additional 50 watts	[21:04]
Diablo-D3	so lets say 300 watts per overclocked 7970	[21:05]
Diablo-D3	or 444.444~ watts per 1gh	[21:05]
Diablo-D3	or 0.0533328 cents per 1gh per hour	[21:06]
mircea_popescu	you want btc/month	[21:06]
Diablo-D3	or $38.3999616 per 30 day month	[21:06]
Diablo-D3	or 2.84 btc per month per 1gh	[21:07]
smickles	crap mircea_popescu I forgot to specify that I was talkign about the idiff.dec	[21:07]
mircea_popescu	lol so add	[21:08]
assbot	[MPEX] [S.MPOE] 14500 @ 0.00060871 = 8.8263 BTC [+]	[21:08]
assbot	[MPEX] [S.MPOE] 3250 @ 0.00061129 = 1.9867 BTC [+]	[21:08]
Diablo-D3	smickles: so....	[21:08]
smickles	one sec D	[21:08]
Diablo-D3	41.7 / 24 = 1.74, then 2.84 per month in power usage	[21:08]
mircea_popescu	seems my 1btc/gh/month was under smickles. not .3 but 3.	[21:08]
mircea_popescu	Diablo-D3 does it even make it back, the 2.84 ?	[21:08]
Diablo-D3	mircea_popescu: well	[21:08]
Diablo-D3	no.	[21:09]
Diablo-D3	1.74 + 4.58 = 4.58	[21:09]
smickles	ack, well, the high price certainly fits the volatility	[21:09]
Diablo-D3	well, remember, this is with gpus	[21:10]
Diablo-D3	and remember, the price is even worse	[21:10]
smickles	also, who's going to buy a 79XX now	[21:10]
Diablo-D3	you're looking at roughly $200 per 7 of those plus another 50 watts	[21:10]
Diablo-D3	actually, lets just say $250	[21:10]
Diablo-D3	smickles: but yeah	[21:10]
Diablo-D3	now	[21:10]
Diablo-D3	lets do asics	[21:10]
Diablo-D3	and not bfl ones	[21:10]
Diablo-D3	lets take avalon	[21:12]
Diablo-D3	66gh, 400w, $1300	[21:12]
Diablo-D3	so 1.45 btc per gh, 6.06 watt per gh	[21:12]
Diablo-D3	0.06 btc per gh per month over 2 years	[21:13]
smickles	and, is that 838 shares per minute?	[21:14]
Diablo-D3	0.039 btc per month electricity	[21:14]
assbot	[MPEX] [S.MPOE] 13750 @ 0.00061129 = 8.4052 BTC [+]	[21:14]
assbot	[MPEX] [S.MPOE] 5318 @ 0.0006129 = 3.2594 BTC [+]	[21:14]
Diablo-D3	smickles: hrm, what kind of shares? diff 1 shares?	[21:14]
Diablo-D3	so 0.099 btc per gh.	[21:15]
smickles	yeah, diff 1 shares	[21:15]
Diablo-D3	per month, operating costs	[21:15]
Diablo-D3	smickles: well	[21:15]
Diablo-D3	that math is constant	[21:15]
Diablo-D3	it takes 4.295 seconds to go through the entire 2**32 space	[21:16]
Diablo-D3	there is, on average, 1 diff 1 share per 2**32	[21:16]
Diablo-D3	so you pay 0.099 btc per month to get 603492 shares.	[21:17]
thestringpuller	smickle	[21:18]
smickles	so that's 257 shares per minute then?	[21:18]
thestringpuller	sir smickles the bitoin certified accountant, i have idea for you	[21:18]
thestringpuller	premise for my thing	[21:18]
Diablo-D3	smickles: erm dude, 60 / 4.295 = 14	[21:18]
thestringpuller	;;calc 60/4.295	[21:18]
gribble	13.9697322468	[21:18]
assbot	[MPEX] [S.MPOE] 2282 @ 0.0006129 = 1.3986 BTC [+]	[21:18]
assbot	[MPEX] [S.MPOE] 11818 @ 0.00061899 = 7.3152 BTC [+]	[21:18]
smickles	oh what did i do then?	[21:18]
Diablo-D3	I dont know.	[21:19]
jcpham	3GH/s is ~40-43 shares per minute	[21:19]
smickles	input error	[21:19]
jcpham	dunno about asic	[21:19]
Diablo-D3	jcpham: no	[21:19]
Diablo-D3	it has nothing to do with hardware	[21:19]
smickles	thestringpuller: Oh?	[21:19]
Diablo-D3	you get 1 share per 2**32 hashes	[21:19]
mircea_popescu	http://mpex.co/ <<	[21:19]
thestringpuller	yessir. I see you are busy with the people from blizzard	[21:19]
Diablo-D3	2**32 / 1000000000 = seconds it takes at 1gh to deplete the range	[21:20]
jcpham	well my equipment has done 40-43 shares/minute	[21:20]
jcpham	for 18 months	[21:20]
jcpham	@ 3GH/s	[21:20]
Diablo-D3	jcpham: no, Im saying, it has nothing to do with hardware	[21:20]
smickles	mircea_popescu: so it turns out my assumptions were way off	[21:20]
mircea_popescu	aha ?	[21:20]
Diablo-D3	jcpham: and 14 * 3 = 42.	[21:20]
Diablo-D3	jcpham: so you're right in the right range	[21:20]
jcpham	41.31 according to my stats	[21:20]
smickles	mircea_popescu: or Diablo-D3 facts are way off	[21:20]
mircea_popescu	i doubt that lol	[21:21]
Diablo-D3	smickles: I wrote a miner ;)	[21:21]
Diablo-D3	you can check my math though	[21:21]
jcpham	i understand what you are saying Diablo-D3	[21:21]
smickles	heh, (my last statement was humor ;)	[21:21]
*	Namjies (~BTC-Minin@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets	[21:21]
Diablo-D3	;;calc 1300 / 66 / 13.50	[21:21]
gribble	1.45903479237	[21:21]
jcpham	I cannot wait until this asic shit materializes	[21:21]
mircea_popescu	or should i say	[21:21]
Diablo-D3	;;calc 1300 / 66 / 13.50 / 24	[21:21]
gribble	0.0607931163487	[21:21]
mircea_popescu	;;later tell namjies mpex.co	[21:21]
gribble	The operation succeeded.	[21:21]
assbot	[MPEX] [S.MPOE] 1382 @ 0.00061899 = 0.8554 BTC [+]	[21:21]
Diablo-D3	that many btc per month for 2 years per gh	[21:22]
smickles	hey, how come cgminer tell me that i get 3 shares per minute on 200Mh/s?	[21:22]
jcpham	200 MH/s might be 3 shares/min	[21:22]
jcpham	stales	[21:22]
jcpham	depends on where you are submitting shares	[21:22]
jcpham	and whether they are all accepted or not	[21:23]
Diablo-D3	smickles: 1000mh / 200 = 5, 4.295 * 5 = 21.475 seconds	[21:24]
Diablo-D3	or roughly 2.79 shares per minute	[21:24]
*	UncleScrooge (~UncleScro@199.26.85.34) has joined #bitcoin-assets	[21:24]
Diablo-D3	so it seems to be right	[21:24]
*	Azelphur has quit (Excess Flood)	[21:24]
Diablo-D3	anyhow, back to my math	[21:24]
*	LiquidBits has quit (Ping timeout: 244 seconds)	[21:24]
Diablo-D3	;;calc 400 / 66	[21:25]
gribble	6.06060606061	[21:25]
Diablo-D3	that many watts per gh	[21:25]
jcpham	coinlab pps is still keeping me paid	[21:25]
smickles	and 60 Gh/s is only 14 shares per minute?	[21:25]
Diablo-D3	;;calc 0.12 / 1000 * 6.06060606061 / 13.50 * 24 * 30	[21:25]
gribble	0.0387878787879	[21:25]
jcpham	better than diff/block reward	[21:25]
*	gru2 (~LHC@c-50-133-173-172.hsd1.ct.comcast.net) has joined #bitcoin-assets	[21:25]
jcpham	that's for sure	[21:25]
Diablo-D3	that many btc per month for electricity per gh	[21:26]
Diablo-D3	;;calc 0.0387878787879 + 0.0607931163487	[21:26]
gribble	0.0995809951366	[21:26]
Diablo-D3	total cost of ownership over 24 month period.	[21:26]
Diablo-D3	per month.	[21:26]
smickles	ok, Diablo-D3 tell me straight, how many diff 1 shares per minute does 66 Gh/s expect to produce?	[21:27]
Diablo-D3	smickles: well, if 1gh does 14 per minute, its 14 * 66	[21:27]
assbot	[MPEX] [S.MPOE] 3518 @ 0.00061983 = 2.1806 BTC [+]	[21:27]
*	Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets	[21:27]
jcpham	i agree with what Diablo-D3 said. armchair math	[21:27]
jcpham	;;calc 14*66	[21:28]
gribble	924	[21:28]
Diablo-D3	[02:28:11] The expected generation output, at 1000.0 Mhps, given difficulty of 3370181.79928, is 0.149224647288 BTC per day and 0.00621769363698 BTC per hour.	[21:28]
jcpham	;;calc 25/[bc,diff]	[21:28]
gribble	7.41799745205e-06	[21:28]
*	drug_motor has quit (Ping timeout: 244 seconds)	[21:29]
smickles	Diablo-D3: and the cost per Gh per month you figured?	[21:29]
jcpham	;;calc 924*.00000741	[21:29]
gribble	0.00684684	[21:29]
Diablo-D3	;;calc 0.149224647288 * 30	[21:29]
gribble	4.47673941864	[21:29]
Diablo-D3	;;calc 4.47673941864 - 0.0995809951366	[21:29]
gribble	4.3771584235	[21:29]
Diablo-D3	thats your profit per month per gh	[21:29]
smickles	ok, profit less revenue :P	[21:30]
Diablo-D3	smickles: hrm?	[21:30]
Diablo-D3	btw, I did that math using 12 cents per kwh	[21:30]
Diablo-D3	you'll have to substitute your own in for serious math	[21:31]
Namjies	Still no one in here willing to lend me 100 BTC I presume?	[21:31]
Diablo-D3	US depending on where you live is usually between 8 and 12 for residential	[21:31]
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Diablo-D3	now lets say diff increases 100x	[21:32]
Diablo-D3	you'll still be making 0.4476 per month and paying out 0.099 per month	[21:32]
Diablo-D3	er that was 10x	[21:32]
Diablo-D3	hrm	[21:32]
Diablo-D3	if diff increases 100x, you're fucked	[21:33]
smickles	Diablo-D3: the idea is to factor out the diff changes	[21:33]
Diablo-D3	;;calc 4.47673941864 / 0.0995809951366	[21:33]
gribble	44.9557610114	[21:33]
mircea_popescu	smickles tbh i always thought miner wants to buy diff nto sell it.	[21:33]
Diablo-D3	diff cant increase more than that in the first 24 months	[21:34]
jcpham	i have at least 6 weeks of 0.00012427 US DOLLARS PER SHARE left at coinlab	[21:34]
jcpham	maybe asic will be here by then	[21:34]
Diablo-D3	;;calc 4.47673941864 / 0.0387878787879	[21:34]
gribble	115.415938137	[21:34]
Diablo-D3	diff cant increase that after 24 months	[21:35]
*	gigavps looks into his crystal ball	[21:35]
assbot	[MPEX] [S.MPOE] 10300 @ 0.00060837 = 6.2662 BTC [-]	[21:35]
Diablo-D3	smickles: so how much would you be selling the futures for?	[21:35]
Diablo-D3	4.377 * 2 per gh?	[21:36]
Diablo-D3	smickles: anyhow, I did the hard part of the math for you I think	[21:37]
Diablo-D3	diff can't go above 115x what it is now with btc at 13.50	[21:37]
gigavps	Diablo-D3 you sure?	[21:38]
Diablo-D3	gigavps: this is a profit calculation	[21:38]
jcpham	i think my asic purchase is only profitable for me up to a 30x diff increase	[21:38]
jcpham	after 30x i'm fucked	[21:38]
Diablo-D3	gigavps: with 12 cents a kwh power, and avalon units using 400 watts for 66gh, and btc at $13.50	[21:38]
jcpham	so a diff of 90 mil would end my mining	[21:38]
Diablo-D3	gigavps: 115x is fatal	[21:39]
gigavps	who cares	[21:39]
gigavps	i'll mine	[21:39]
gigavps	i'm married to bitcoin	[21:39]
jcpham	hahaha	[21:39]
Diablo-D3	I think you missed the point.	[21:39]
Diablo-D3	;;diff	[21:39]
gribble	3370181.799277837	[21:39]
gigavps	i just said i don't care	[21:39]
gigavps	diff is dropping	[21:39]
gigavps	no one is delivering asics	[21:39]
jcpham	yeah it is	[21:39]
Diablo-D3	3.37 million diff	[21:39]
gigavps	;;bc,estimate	[21:40]
*	abracadabra looks to buy more gpus	[21:40]
gribble	3043795.00466468	[21:40]
jcpham	predictinator says diff is going down down down	[21:40]
jcpham	until asic exists	[21:40]
gigavps	;;bc,diffchange	[21:40]
gribble	Estimated percent change in difficulty this period \| -9.6845456433 % based on data since last change \| -15.4954531067 % based on data for last three days	[21:40]
Diablo-D3	so we'd need roughly 388 million diff for avalon to become unprofitable	[21:40]
jcpham	jeez	[21:40]
Diablo-D3	I think I scared smickles	[21:41]
smickles	Diablo-D3: so you said that the cost of equipment and elec. per month per gh was ~.09958?	[21:41]
Diablo-D3	[02:25:27] ;;calc 0.12 / 1000 * 6.06060606061 / 13.50 * 24 * 30	[21:42]
Diablo-D3	[02:25:27] 0.0387878787879	[21:42]
Diablo-D3	[02:26:11] ;;calc 0.0387878787879 + 0.0607931163487	[21:42]
Diablo-D3	[02:26:11] 0.0995809951366	[21:42]
Diablo-D3	yes.	[21:42]
Diablo-D3	oh and	[21:42]
Diablo-D3	[02:21:36] ;;calc 1300 / 66 / 13.50 / 24	[21:42]
Diablo-D3	[02:21:37] 0.0607931163487	[21:42]
assbot	[MPEX] [S.DICE] 2702 @ 0.00339777 = 9.1808 BTC [-]	[21:42]
Diablo-D3	pretty sure I did the math right	[21:42]
jcpham	smickles if you need a partner to operate mining equipment for you...	[21:42]
Diablo-D3	dollars per kwh to watt hour times 6.06 watts convert to btc convert to day convert to month	[21:43]
Diablo-D3	oh and	[21:43]
jcpham	smickles let's create a mining asset and take the bitcoins!	[21:43]
Diablo-D3	[02:24:52] ;;calc 400 / 66	[21:43]
Diablo-D3	[02:24:52] 6.06060606061	[21:43]
Diablo-D3	smickles: so thats all the math.	[21:43]
Diablo-D3	smickles: 1300, 66, and 400 are dollars, gh, and watts from the vendor per unit	[21:44]
Diablo-D3	smickles: 0.12 is dollars per kwh	[21:44]
Diablo-D3	smickles: so you should be able to script that easily	[21:44]
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*	smickles_ is now known as smickles	[21:47]
smickles	i need to research futures a bit more :o	[21:48]
thestringpuller	mining future	[21:50]
thestringpuller	s	[21:50]
Diablo-D3	ha ha I scared smickles	[21:50]
Diablo-D3	smickles: wait, what was the last you saw?	[21:51]
assbot	[MPEX] [S.MPOE] 7350 @ 0.00061517 = 4.5215 BTC [+]	[21:51]
smickles	Diablo-D3: it's not about your numbers, it's about my formula, the delta of diff futures etc	[21:51]
smickles	*delta of diff futures atm	[21:52]
assbot	[MPEX] [O.BTCUSD.P200T] 1000 @ 0.60781728 = 607.8173 BTC [-]	[21:53]
assbot	[MPEX] [O.BTCUSD.P190T] 1000 @ 0.52540165 = 525.4017 BTC [-]	[21:54]
Diablo-D3	smickles: ahh	[21:55]
Diablo-D3	see	[21:55]
Diablo-D3	I'd rather go for worst case	[21:55]
Diablo-D3	whats the chances of diff increasing 115x from right now	[21:55]
assbot	[MPEX] [S.MPOE] 6500 @ 0.00060837 = 3.9544 BTC [-]	[21:57]
assbot	[MPEX] [S.MPOE] 19650 @ 0.00060491 = 11.8865 BTC [-]	[21:57]
mircea_popescu	abracadabra looks to buy more gpus <<< prolly a safer investment	[21:57]
mircea_popescu	at least they can be sold	[21:58]
jcpham	gpu mining is profitable if you have free power and enough time	[21:58]
jcpham	that time variable just got bigger though	[21:59]
Diablo-D3	yeah, if you have free power, you can just get unlimited gpus	[21:59]
assbot	[MPEX] [O.BTCUSD.C140T] 90 @ 0.08471093 = 7.624 BTC [-]	[21:59]
mircea_popescu	;;ticker	[21:59]
gribble	BTCUSD ticker \| Best bid: 13.34640, Best ask: 13.34641, Bid-ask spread: 0.00001, Last trade: 13.34640, 24 hour volume: 63684.39592991, 24 hour low: 13.00000, 24 hour high: 13.90119, 24 hour vwap: 13.59704	[21:59]
mircea_popescu	we just lost half a cent	[21:59]
mircea_popescu	dolla	[21:59]
jcpham	down she goes	[21:59]
mircea_popescu	i was like, wtf are ppl buying puts	[22:00]
assbot	[MPEX] [S.MPOE] 6232 @ 0.00061517 = 3.8337 BTC [+]	[22:00]
assbot	[MPEX] [S.MPOE] 19054 @ 0.00061572 = 11.7319 BTC [+]	[22:00]
smickles	mircea_popescu: did i not chat with you about this happening?	[22:00]
smickles	it touched 13	[22:00]
mircea_popescu	well ya but i dun trust ta any	[22:01]
smickles	:D	[22:01]
assbot	[MPEX] [O.BTCUSD.P190T] 1000 @ 0.52536606 = 525.3661 BTC [-]	[22:01]
assbot	[MPEX] [O.BTCUSD.P200T] 1000 @ 0.60778466 = 607.7847 BTC [-]	[22:01]
mircea_popescu	28k sold seems like, 5+4 5+4 10	[22:02]
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smickles	vwap is still 13.59 tho	[22:02]
mircea_popescu	yea	[22:02]
*	kakobrekla is now known as Guest24151	[22:03]
assbot	[MPEX] [O.BTCUSD.P140T] 78 @ 0.1599 = 12.4722 BTC [-]	[22:03]
assbot	[MPEX] [O.BTCUSD.P140T] 922 @ 0.17157857 = 158.1954 BTC [+]	[22:03]
assbot	[MPEX] [O.BTCUSD.P130T] 1000 @ 0.12227209 = 122.2721 BTC [-]	[22:03]
assbot	[MPEX] [O.BTCUSD.P150T] 1000 @ 0.23049813 = 230.4981 BTC [-]	[22:03]
*	gigavps has quit ()	[22:05]
assbot	[MPEX] [S.MPOE] 3474 @ 0.00060798 = 2.1121 BTC [-]	[22:05]
assbot	[MPEX] [S.MPOE] 1546 @ 0.00061572 = 0.9519 BTC [+]	[22:14]
assbot	[MPEX] [S.MPOE] 8001 @ 0.00062459 = 4.9973 BTC [+]	[22:14]
assbot	[MPEX] [S.MPOE] 18326 @ 0.00060975 = 11.1743 BTC [-]	[22:17]
assbot	[MPEX] [S.MPOE] 1239 @ 0.00060491 = 0.7495 BTC [-]	[22:17]
assbot	[MPEX] [S.MPOE] 2242 @ 0.00060317 = 1.3523 BTC [-]	[22:17]
*	lyspooner (~chatzilla@smb-rsycl-03.wifihubtelecom.net) has joined #bitcoin-assets	[22:23]
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smickles	ok, so, when you are mining, are you essentially buying diff, or selling diff by the action of mining?	[22:27]
Diablo-D3	smickles: you're selling a service	[22:28]
smickles	your work pressures the diff to increase, so you are, in effect selling diff	[22:28]
mircea_popescu	when you are mining you are taking virtual diff and turning it into real diff.	[22:28]
Diablo-D3	what your service is worth is a function of diff and btc prices	[22:28]
mircea_popescu	thus it helps to have a supply of already bought virtual diff	[22:28]
smickles	so, i had the move wrong	[22:29]
smickles	if mining is equiv. to selling diff, then buying diff futures nixes it, and any leftover value (the extrinsic value) is profit	[22:30]
Diablo-D3	smickles: what is the future of?	[22:31]
smickles	the difficulty	[22:31]
Diablo-D3	uh	[22:32]
Diablo-D3	how does that work?	[22:32]
smickles	http://polimedia.us/bitcoin/mpex.php?mpsic=X.IDIFF.DEC	[22:32]
smickles	X.IDIFF.DEC settles in BTC on the third Wednesday of December each year before midnight GMT as equal to the network difficulty then current, truncated to an integer and expressed in satoshi.	[22:32]
mircea_popescu	smickles http://mpex.co?mpsic=X.IDIFF.DEC	[22:32]
smickles	Diablo-D3: ^the relavant part	[22:32]
smickles	er	[22:32]
Diablo-D3	I dont get how that works	[22:32]
smickles	it's worth an amount of satoshis equal to the diff rate on dec 19th at midnight	[22:33]
smickles	so when you mine btc, you are essentially doing the same thing as selling that contract	[22:34]
Diablo-D3	okay so	[22:34]
assbot	[MPEX] [S.MPOE] 5749 @ 0.00062459 = 3.5908 BTC [+]	[22:34]
Diablo-D3	smickles: okay so wait	[22:34]
assbot	[MPEX] [S.MPOE] 1071 @ 0.00062706 = 0.6716 BTC [+]	[22:34]
assbot	[MPEX] [S.MPOE] 6630 @ 0.00062714 = 4.1579 BTC [+]	[22:34]
Diablo-D3	if I want to make money	[22:34]
Diablo-D3	I create the futures, sell them, and then mine like no tommorow?	[22:34]
smickles	actually	[22:34]
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mircea_popescu	i think you buy them	[22:35]
Diablo-D3	well who creates the futures then?	[22:35]
*	nenolod has quit (Ping timeout: 265 seconds)	[22:35]
smickles	anyone	[22:35]
Diablo-D3	because whoever is mining wants to bet the diff will only go up	[22:35]
smickles	oh, who should do it?	[22:36]
mircea_popescu	no, whoever is mining wants to insure against diff going up	[22:36]
assbot	[MPEX] [S.MPOE] 7050 @ 0.00061947 = 4.3673 BTC [-]	[22:36]
Diablo-D3	mircea_popescu: if they're playing the future game?	[22:36]
Diablo-D3	because the more mining hardware they own, the more the diff goes up	[22:36]
smickles	Diablo-D3: mircea_popescu and I are talking about two different things, him: insureance, me arbitrage	[22:36]
Diablo-D3	ahh	[22:36]
Diablo-D3	neither of you make sense to me	[22:37]
smickles	it's possible to calc a point to buy at where anything on one side of the line is risk free profit	[22:37]
smickles	*really low risk anyway	[22:37]
smickles	you'd have to keep the mining farm operating	[22:37]
mircea_popescu	look, it's really simple. you have 1k btc, want to mine. case A : you buy mining gear worth 1k btc. mine. as diff goes up you make less btc from mining	[22:37]
Diablo-D3	smickles: but why wouldnt I just sell mining contracts instead?	[22:37]
mircea_popescu	case B : you buy 900 BTC worth of mining gear and 100 btc worth of diff futures	[22:38]
mircea_popescu	as diff goes up you make less from mining but some money from the future	[22:38]
mircea_popescu	so overall you end up having more money than case A	[22:38]
Diablo-D3	okay, so you DO want diff to go up if you want to win at futures	[22:38]
mircea_popescu	if you buy them yes.	[22:38]
mircea_popescu	if you sell them no.	[22:38]
Diablo-D3	crap	[22:38]
Diablo-D3	that sucks then	[22:38]
smickles	Diablo-D3: because people shouldn't actually buy those mining contracts, the fact that there is a market for that shit baffles me	[22:38]
Diablo-D3	smickles: well, I was using it as virtual hash power for dmc before we got dmc	[22:39]
Diablo-D3	nefario was kind enough to steal a lot of dmc's money doing that	[22:39]
smickles	Diablo-D3: what's the max diff increase per occurrance?	[22:40]
Diablo-D3	smickles: Im not sure	[22:40]
Diablo-D3	ask gmaxwell or sipa	[22:40]
smickles	kk	[22:40]
smickles	;;bc,diff	[22:41]
gribble	3370181.7992778	[22:41]
Diablo-D3	smickles: its fast enough we can cross that 115x in 24 months if we had the hardware to do it	[22:41]
lyspooner	smickles, the future is very good for miners to buy	[22:43]
Diablo-D3	smickles: but we'd have to go from 17TH to like 17EH or something	[22:43]
mircea_popescu	400%	[22:43]
mircea_popescu	the problem is that as hash output increases the 2k blocks go by faster, so the 400% is not related to time	[22:44]
mircea_popescu	you could get 1mn% in a few hours with enough power added	[22:44]
Diablo-D3	mircea_popescu: trying to play that game doesnt work	[22:44]
assbot	[MPEX] [S.MPOE] 16800 @ 0.00062165 = 10.4437 BTC [+]	[22:44]
Diablo-D3	people were like "what if I power cycled a 51% mining cluster"	[22:44]
Diablo-D3	it doesnt work	[22:44]
lyspooner	"not related to time"... it's defined by time, if you just rid your antiquated idea of what time is	[22:45]
mircea_popescu	"work"	[22:45]
Diablo-D3	2016 blocks on, 2016 blocks off	[22:45]
mircea_popescu	lol right lyspooner	[22:45]
Diablo-D3	you cant beat the game that way	[22:45]
assbot	[MPEX] [S.MPOE] 18020 @ 0.00062714 = 11.3011 BTC [+]	[22:45]
assbot	[MPEX] [S.MPOE] 7108 @ 0.00062729 = 4.4588 BTC [+]	[22:45]
assbot	[MPEX] [S.MPOE] 17993 @ 0.00062729 = 11.2868 BTC [+]	[22:47]
assbot	[MPEX] [S.MPOE] 5907 @ 0.0006273 = 3.7055 BTC [+]	[22:47]
Diablo-D3	lyspooner: well, Ive used difficulty as a unit of time before	[22:48]
Diablo-D3	makes a lot of calculations a lot easier	[22:49]
lyspooner	Bitcoin Time is time	[22:49]
*	Cory has quit (.net .split)	[22:49]
lyspooner	the blockchain has been described as a distributed timestamp	[22:49]
Diablo-D3	and it sorta is	[22:50]
mircea_popescu	kinda is yea	[22:51]
Diablo-D3	its more of an ordering protocol than anything	[22:51]
assbot	[MPEX] [S.MPOE] 16672 @ 0.0006241 = 10.405 BTC [-]	[22:52]
*	LiquidBits (~LiquidBit@mobile-166-147-108-170.mycingular.net) has joined #bitcoin-assets	[22:53]
lyspooner	yes, that incremental blockheader is a very beautiful thing. although the block reward halving party wasn't as exciting as a new years countdown	[22:54]
lyspooner	memorylessness of waiting for a block	[22:54]
mircea_popescu	hehe wait for next one, when it goes from 25 to 12.5	[22:54]
*	plate has quit (Ping timeout: 252 seconds)	[22:58]
*	LiquidBits has quit (Read error: No route to host)	[22:59]
assbot	[MPEX] [S.MPOE] 1513 @ 0.0006241 = 0.9443 BTC [-]	[22:59]
assbot	[MPEX] [S.MPOE] 9087 @ 0.00062386 = 5.669 BTC [-]	[22:59]
mircea_popescu	;;ticker	[23:00]
gribble	BTCUSD ticker \| Best bid: 13.34963, Best ask: 13.36000, Bid-ask spread: 0.01037, Last trade: 13.34963, 24 hour volume: 67793.60594621, 24 hour low: 13.00000, 24 hour high: 13.90119, 24 hour vwap: 13.57774	[23:00]
*	lyspooner has quit (Ping timeout: 246 seconds)	[23:00]
assbot	[MPEX] [O.BTCUSD.P150T] 1000 @ 0.2315999 = 231.5999 BTC [+]	[23:00]
assbot	[MPEX] [O.BTCUSD.P140T] 1000 @ 0.17242083 = 172.4208 BTC [+]	[23:00]
assbot	[MPEX] [O.BTCUSD.P130T] 1000 @ 0.12284241 = 122.8424 BTC [+]	[23:01]
assbot	[MPEX] [S.MPOE] 14093 @ 0.0006273 = 8.8405 BTC [+]	[23:05]
assbot	[MPEX] [S.MPOE] 2899 @ 0.00062746 = 1.819 BTC [+]	[23:05]
jcpham	http://static.pinboard.in/prosperity_cloud.htm	[23:08]
assbot	[MPEX] [S.MPOE] 7500 @ 0.00062386 = 4.679 BTC [-]	[23:09]
assbot	[MPEX] [S.MPOE] 18000 @ 0.00062727 = 11.2909 BTC [+]	[23:10]
mircea_popescu	Each successful applicant will receive $37. This will cover the cost of six months of hosting at prgmr.com and a productivity-enhancing hot beverage.	[23:11]
mircea_popescu	gtfo	[23:11]
*	LiquidBits (~LiquidBit@adsl-074-169-013-244.sip.mia.bellsouth.net) has joined #bitcoin-assets	[23:13]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062398 = 2.6962 BTC [-]	[23:22]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062394 = 2.696 BTC [-]	[23:22]
assbot	[MPEX] [S.MPOE] 4763 @ 0.00062386 = 2.9714 BTC [-]	[23:22]
assbot	[MPEX] [S.MPOE] 10495 @ 0.00062146 = 6.5222 BTC [-]	[23:22]
jcpham	$37 is all you need to suceed!	[23:29]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006215 = 2.6855 BTC [+]	[23:29]
assbot	[MPEX] [S.MPOE] 9505 @ 0.00062146 = 5.907 BTC [-]	[23:29]
assbot	[MPEX] [S.MPOE] 3874 @ 0.00061993 = 2.4016 BTC [-]	[23:29]
*	LiquidBits has quit (Quit: LiquidBits)	[23:30]
mircea_popescu	im sick of dubious hacks trying to be viral.	[23:30]
assbot	[MPEX] [S.MPOE] 7497 @ 0.00061993 = 4.6476 BTC [-]	[23:30]
mircea_popescu	i don't need 37 to succeed and i specifically do not need some nobody giving it to me.	[23:30]
*	LiquidBits (~LiquidBit@adsl-074-169-013-244.sip.mia.bellsouth.net) has joined #bitcoin-assets	[23:31]
jcpham	c'mon is funny	[23:31]
mircea_popescu	nope	[23:33]
mircea_popescu	i'd say it's unfunny	[23:33]
*	swashy_ (cf6c91fd@gateway/web/freenode/ip.207.108.145.253) has joined #bitcoin-assets	[23:35]
*	swashy_ has quit (Quit: Page closed)	[23:41]
*	plate (plate@cpe-69-207-82-64.rochester.res.rr.com) has joined #bitcoin-assets	[23:43]
assbot	[MPEX] [S.DICE] 1950 @ 0.00337576 = 6.5827 BTC [-]	[23:45]
*	bonafide (~plate@cpe-69-207-82-64.rochester.res.rr.com) has joined #bitcoin-assets	[23:47]
*	PsychoticBoy has quit (Ping timeout: 244 seconds)	[23:49]
*	PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets	[23:49]
*	plate has quit (Ping timeout: 246 seconds)	[23:49]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062701 = 2.7093 BTC [+]	[23:50]
assbot	[MPEX] [S.MPOE] 1133 @ 0.00062727 = 0.7107 BTC [+]	[23:50]
*	Cory (~Cory@unaffiliated/cory) has joined #bitcoin-assets	[23:50]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006271 = 2.7097 BTC [-]	[23:52]
assbot	[MPEX] [S.MPOE] 1967 @ 0.00062727 = 1.2338 BTC [+]	[23:53]
*	LiquidBits has quit (Quit: LiquidBits)	[23:55]
assbot	[MPEX] [S.MPOE] 11901 @ 0.00062746 = 7.4674 BTC [+]	[23:58]
assbot	[MPEX] [S.MPOE] 1750 @ 0.00062779 = 1.0986 BTC [+]	[23:58]
assbot	[MPEX] [S.MPOE] 13949 @ 0.00062784 = 8.7577 BTC [+]	[23:58]

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