Forum logs for 15 Dec 2012

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

assbot	[MPEX] [S.MPOE] 8250 @ 0.00062729 = 5.1751 BTC [-]	[00:03]
*	Guest24151 is now known as kakobrekla	[00:07]
*	Luke-Jr has quit (Ping timeout: 260 seconds)	[00:11]
mircea_popescu	;;ticker	[00:14]
gribble	BTCUSD ticker \| Best bid: 13.54501, Best ask: 13.54502, Bid-ask spread: 0.00001, Last trade: 13.54501, 24 hour volume: 69716.29959509, 24 hour low: 13.00000, 24 hour high: 13.90119, 24 hour vwap: 13.56544	[00:14]
mircea_popescu	soo... rebound ?	[00:14]
mircea_popescu	pigeons : for your viewing pleasure, i bring you http://imfed.org/ratings/	[00:16]
iz	;;bc,nethash	[00:18]
gribble	20297.881954241293	[00:18]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062769 = 2.7122 BTC [+]	[00:18]
assbot	[MPEX] [S.MPOE] 3679 @ 0.00062784 = 2.3098 BTC [+]	[00:18]
assbot	[MPEX] [S.MPOE] 2603 @ 0.00062729 = 1.6328 BTC [-]	[00:21]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061999 = 2.679 BTC [-]	[00:21]
assbot	[MPEX] [S.MPOE] 7129 @ 0.00061993 = 4.4195 BTC [-]	[00:21]
assbot	[MPEX] [S.MPOE] 2450 @ 0.00061947 = 1.5177 BTC [-]	[00:21]
assbot	[MPEX] [S.MPOE] 2115 @ 0.00061872 = 1.3086 BTC [-]	[00:21]
pigeons	mircea_popescu: who runs that?	[00:23]
mircea_popescu	some new forum kid	[00:23]
mircea_popescu	-pr is making it her life mission to skewer btctalk noobies it seems	[00:23]
mircea_popescu	i guess she's run out of old trolls to bite the heads off	[00:24]
pigeons	the presentation is nice	[00:24]
mircea_popescu	isnt it like stock wp ?	[00:25]
pigeons	pretty close	[00:26]
pigeons	heh, "free vanity addresses"	[00:27]
jurov	just read scrollback.. so we are bribing asset/passthrough issuers now? and mpex.co :)	[00:28]
mircea_popescu	Hello everyone, my name is Yifu. Despise my fairly-lengthy involvement with Bitcoin, most of you do not know me.	[00:29]
mircea_popescu	gotta love esl	[00:29]
mircea_popescu	jurov :p	[00:29]
*	jurov rushes to create some exciting assets for bitfunder	[00:29]
pigeons	i also love how people think a month is a long time	[00:29]
mircea_popescu	well... not people per se. investoars.	[00:29]
mircea_popescu	gotta give it to them : they won' be around in 2-3 of those so. their mark must be left in a week preferably.	[00:30]
pigeons	i mean i've been reading this forum for a month, therefore i've got fairly lenghty involvement in the project	[00:30]
mircea_popescu	yeah	[00:31]
mircea_popescu	so in the end avalon actually ships jan ?	[00:31]
assbot	[MPEX] [S.MPOE] 11408 @ 0.00062518 = 7.1321 BTC [+]	[00:34]
assbot	[MPEX] [S.MPOE] 1592 @ 0.00062768 = 0.9993 BTC [+]	[00:34]
pigeons	doesnt look like bfl or cable[pair will	[00:34]
mircea_popescu	who banked on avalon ?	[00:35]
assbot	[MPEX] [S.DICE] 1000 @ 0.00339777 = 3.3978 BTC [+]	[00:37]
mircea_popescu	Let's assume Tom sold 1000 units, that's give or take 50TH/s,	[00:38]
mircea_popescu	Avalon only selling 300 units first batch, ~20TH.	[00:38]
mircea_popescu	BFL sells a crazy estimate of 2000 units, 120TH.	[00:38]
assbot	[MPEX] [S.DICE] 244 @ 0.00339777 = 0.8291 BTC [+]	[00:38]
mircea_popescu	ahh, the sweet days of october	[00:38]
jurov	maybe that was already discussed, but what if i do 1.mkfut 2. sell all the futures 3. difficulty skyrockets	[00:39]
*	copumpkin has quit (Ping timeout: 264 seconds)	[00:39]
jurov	they'll get forcibly liquidated even if nwner is different now?	[00:40]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00061877 = 2.6737 BTC [-]	[00:40]
assbot	[MPEX] [S.MPOE] 11279 @ 0.00061872 = 6.9785 BTC [-]	[00:40]
jurov	*owner	[00:40]
mircea_popescu	jurov YOUR collateral is what gets wiped.	[00:40]
mircea_popescu	the new owner gets it	[00:40]
jurov	ok, but what if i did not have enough collateral?	[00:41]
*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[00:41]
jurov	new owner will suddenly see the futures liquidated?	[00:41]
*	LiquidBits (~LiquidBit@108-225-148-246.lightspeed.miamfl.sbcglobal.net) has joined #bitcoin-assets	[00:42]
mircea_popescu	yeah.	[00:42]
mircea_popescu	Also unlike other futures contracts X.IDIFF.* are not subject to an insurance fee. Consequently, in the event of a net seller's deposited collateral being exceded by current difficulty a proportional number of open contracts will be forcibly liquidated.	[00:42]
jurov	interesting	[00:44]
mircea_popescu	101`179.33038841 BTC klalala	[00:44]
mircea_popescu	jurov it's a little kludgy, but i see no other way to do it.	[00:44]
mircea_popescu	hopefully mining market matures soon and we can move to a saner method	[00:44]
jurov	in the meantime, asic suppliers have got ideal instrument for insider trading	[00:51]
jurov	as using them to mine bears the risk someone spotting them	[00:52]
*	Smoovious has quit (Ping timeout: 244 seconds)	[00:55]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[00:55]
assbot	[MPEX] [S.MPOE] 300 @ 0.00062273 = 0.1868 BTC [+]	[00:58]
mircea_popescu	so they buy diff before they deliver cause thye know they will ?	[01:00]
Namjies	Why not?	[01:01]
assbot	[MPEX] [S.MPOE] 4021 @ 0.00062273 = 2.504 BTC [+]	[01:02]
assbot	[MPEX] [S.MPOE] 8979 @ 0.00062262 = 5.5905 BTC [-]	[01:02]
Namjies	I'd abuse the heck out of those futures if I knew I was about to dump massive hashing into the network.	[01:02]
assbot	[MPEX] [S.MPOE] 17271 @ 0.00062262 = 10.7533 BTC [-]	[01:04]
assbot	[MPEX] [S.MPOE] 2379 @ 0.00061872 = 1.4719 BTC [-]	[01:04]
assbot	[MPEX] [S.MPOE] 7750 @ 0.00062431 = 4.8384 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 2729 @ 0.00062768 = 1.7129 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 2272 @ 0.00062784 = 1.4265 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 9530 @ 0.00062848 = 5.9894 BTC [+]	[01:06]
assbot	[MPEX] [S.MPOE] 719 @ 0.00062914 = 0.4524 BTC [+]	[01:06]
Namjies	Well I'm lacking 21.25 BTC on my loan for it to get funded, expiring in ~ an hour: https://btcjam.com/listings/899	[01:07]
Namjies	Anyone can fill that last stretch?	[01:07]
dub	guruvan seems to have lost it	[01:11]
*	Luke-Jr (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets	[01:13]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006189 = 2.6743 BTC [-]	[01:13]
assbot	[MPEX] [S.MPOE] 6979 @ 0.00061872 = 4.318 BTC [-]	[01:14]
*	LiquidBits has quit (Read error: Connection reset by peer)	[01:16]
*	LiquidBits (~LiquidBit@108.225.148.246) has joined #bitcoin-assets	[01:16]
mircea_popescu	dub what he do ?	[01:20]
mircea_popescu	Namjies in principle i can see it.	[01:20]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062881 = 2.7171 BTC [+]	[01:20]
assbot	[MPEX] [S.MPOE] 11881 @ 0.00062914 = 7.4748 BTC [+]	[01:20]
assbot	[MPEX] [S.MPOE] 9148 @ 0.00062962 = 5.7598 BTC [+]	[01:20]
assbot	[MPEX] [S.MPOE] 14350 @ 0.00062973 = 9.0366 BTC [+]	[01:20]
mircea_popescu	no one use MPW this time. include us, BFL ,bASIC, asicminer, etc.	[01:31]
mircea_popescu	just like a Chinese network catchword: we are all fighting without pants. (我们都已经脱了裤子干了)	[01:31]
mircea_popescu	i guess today i learned how you spell insanity in chinese.	[01:31]
Diablo-D3	mpw?	[01:33]
*	rdponticelli has quit (Ping timeout: 276 seconds)	[01:33]
smickles	;;bc,diff	[01:33]
gribble	3370181.7992778	[01:33]
mircea_popescu	yeah.	[01:35]
mircea_popescu	multi project	[01:35]
mircea_popescu	like a proper run but for 1/50 of cost	[01:35]
Diablo-D3	oh, that	[01:37]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062163 = 2.6861 BTC [-]	[01:39]
assbot	[MPEX] [S.MPOE] 17629 @ 0.00062161 = 10.9584 BTC [-]	[01:39]
assbot	[MPEX] [S.DICE] 58823 @ 0.0034 = 199.9982 BTC [+]	[01:40]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062944 = 2.7198 BTC [+]	[01:43]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062969 = 2.7209 BTC [+]	[01:43]
assbot	[MPEX] [S.MPOE] 5650 @ 0.00062973 = 3.558 BTC [+]	[01:43]
assbot	[MPEX] [S.MPOE] 14800 @ 0.00063006 = 9.3249 BTC [+]	[01:43]
assbot	[MPEX] [S.MPOE] 12573 @ 0.00063011 = 7.9224 BTC [+]	[01:43]
smickles	there is now a spread on idiff.mar	[01:44]
assbot	[MPEX] [S.DICE] 265 @ 0.0034 = 0.901 BTC [+]	[01:44]
assbot	[MPEX] [S.MPOE] 5214 @ 0.00062313 = 3.249 BTC [-]	[01:48]
mircea_popescu	ahaha	[01:48]
mircea_popescu	;;calc 0.00000823/0.1395	[01:49]
gribble	5.89964157706e-05	[01:49]
mircea_popescu	;;calc 1-0.00000823/0.1395	[01:49]
gribble	0.999941003584	[01:49]
mircea_popescu	what's a 99,994% spread lmao	[01:49]
*	LiquidBits has quit (Quit: LiquidBits)	[01:50]
assbot	[MPEX] [S.DICE] 100000 @ 0.0034 = 340 BTC [+]	[01:55]
dub	heh nice quote	[01:58]
dub	guns dont kill people, people who say 'guns dont kill people' kill people with guns	[01:58]
assbot	[MPEX] [S.DICE] 300000 @ 0.0034 = 1020 BTC [+]	[01:58]
*	PsychoticBoy has quit (Read error: Connection reset by peer)	[02:00]
assbot	[MPEX] [S.DICE] 300000 @ 0.0034 = 1020 BTC [+]	[02:00]
mircea_popescu	eh	[02:01]
mircea_popescu	!ticker s.dice	[02:01]
assbot	[MPEX:S.DICE] 1day: 0.00328789 / 0.00339807 / 0.0034 (930860 shares, 3,163.13 BTC), 30day: 0.00308319 / 0.00337654 / 0.0034 (2870204 shares, 9,691.38 BTC)	[02:01]
assbot	[MPEX] [S.DICE] 300000 @ 0.0034 = 1020 BTC [+]	[02:01]
mircea_popescu	lol, people like the dividends eh	[02:02]
Diablo-D3	I dont	[02:03]
Diablo-D3	they're disgusting things	[02:03]
mircea_popescu	it sold like... 3.5-4k in the past half hour	[02:04]
Diablo-D3	the fuck.	[02:04]
Diablo-D3	the _fuck_	[02:04]
Diablo-D3	did the bot just get stuck or what?	[02:04]
mircea_popescu	for those sorts of sums i doubt it	[02:05]
Diablo-D3	three identical orders totaling 3k?	[02:05]
mircea_popescu	comes to 1mn if you take the other 100k one	[02:06]
mircea_popescu	and a 60k before	[02:06]
assbot	[MPEX] [S.DICE] 18500 @ 0.0034 = 62.9 BTC [+]	[02:07]
assbot	[MPEX] [S.DICE] 320000 @ 0.0034 = 1088 BTC [+]	[02:14]
Diablo-D3	airjaerkfd;c'	[02:17]
assbot	[MPEX] [X.INKG] 150 @ 0.07458535 = 11.1878 BTC [+]	[02:18]
mircea_popescu	heh that 34k block is like half gone.	[02:19]
assbot	[MPEX] [S.MPOE] 2524 @ 0.00062162 = 1.569 BTC [-]	[02:20]
assbot	[MPEX] [O.BTCUSD.C120T] 725 @ 0.22344233 = 161.9957 BTC [-]	[02:20]
assbot	[MPEX] [X.ISP5] 550 @ 0.10152287 = 55.8376 BTC [-]	[02:21]
assbot	[MPEX] [S.MPOE] 1797 @ 0.00062162 = 1.1171 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 23171 @ 0.00062161 = 14.4033 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 18400 @ 0.00062039 = 11.4152 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 4698 @ 0.00061872 = 2.9067 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 15400 @ 0.00061846 = 9.5243 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 13100 @ 0.00061837 = 8.1006 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 3700 @ 0.00061804 = 2.2867 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 8550 @ 0.00061771 = 5.2814 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 2500 @ 0.00061402 = 1.5351 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 19300 @ 0.00061071 = 11.7867 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 9000 @ 0.00061064 = 5.4958 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 10400 @ 0.0006095 = 6.3388 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 16600 @ 0.00060938 = 10.1157 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 27400 @ 0.0006087 = 16.6784 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 19148 @ 0.00060854 = 11.6523 BTC [-]	[02:22]
assbot	[MPEX] [S.MPOE] 9669 @ 0.00060793 = 5.8781 BTC [-]	[02:23]
assbot	[MPEX] [S.MPOE] 17858 @ 0.00060317 = 10.7714 BTC [-]	[02:23]
assbot	[MPEX] [S.MPOE] 19309 @ 0.00060027 = 11.5906 BTC [-]	[02:23]
thestringpuller	mircea_popescu: i'm gonig to get you investors	[02:47]
mircea_popescu	a ?	[02:47]
thestringpuller	I'm going to solicit rich people to give me money then I'll give it to you	[02:47]
thestringpuller	solid plan right?	[02:48]
mircea_popescu	lol	[02:48]
assbot	[MPEX] [S.MPOE] 1686 @ 0.00062313 = 1.0506 BTC [+]	[02:48]
thestringpuller	srsly	[02:49]
thestringpuller	I know a few people who are sitting on fiat	[02:49]
mircea_popescu	Diablo-D3 https://bitcointalk.org/index.php?topic=120184.msg1383654#msg1383654 lmao chinese people insulting each other is a riot	[02:49]
thestringpuller	I know a good person to give that to :)	[02:49]
mircea_popescu	what am i gonna do with fiat ?	[02:49]
Diablo-D3	I tried to put a stop to this one	[02:50]
thestringpuller	I'm going to convert it to btc first	[02:50]
Diablo-D3	I gave up	[02:50]
thestringpuller	and make it look like a fiat investment	[02:50]
thestringpuller	and just funnel fiat into btc via mpex	[02:50]
mircea_popescu	i had no idea you could do that.	[02:51]
thestringpuller	if someone gave me 10,000 dollars I would just put that into btc then give you the btc	[02:52]
thestringpuller	when I say you I mean mpex	[02:52]
pigeons	he doesn't need it	[02:52]
pigeons	give it to me, i'll do interesting things with it	[02:52]
thestringpuller	but he can give me an roi :P	[02:53]
thestringpuller	can you give me a solid investment platform pigeons for my investors?	[02:53]
pigeons	oh no return	[02:53]
pigeons	i was gonna spend it	[02:54]
thestringpuller	:P	[02:54]
mircea_popescu	lol on btc jam	[02:55]
mircea_popescu	thestringpuller actually s.dice looks set to make 5ish % this month	[02:55]
thestringpuller	;;calc .05 * 10000	[02:56]
gribble	500	[02:56]
thestringpuller	lol	[02:56]
thestringpuller	I think MPOE has more value to the community than DICE	[02:57]
mircea_popescu	apparently so think many others	[02:57]
mircea_popescu	it's like 2x the price	[02:58]
*	evoorhees (45738bde@gateway/web/freenode/ip.69.115.139.222) has joined #bitcoin-assets	[02:58]
mircea_popescu	o look, it's the man himself.	[02:58]
thestringpuller	I think the future market is a good start, once you're able to buy manufacturing level volumes of commodities, people may use BTC as a primary trade vehile.	[02:58]
thestringpuller	vehicle*	[02:59]
evoorhees	bonjour mircea	[02:59]
mircea_popescu	thestringpuller i been trying to get futures with phys delivery for a year now	[02:59]
mircea_popescu	it's insanely hard cause of legal lockdown	[02:59]
mircea_popescu	evoorhees everyone's in awe of s.dice here :D	[02:59]
thestringpuller	exactly, government sponsored monopoly it is	[02:59]
thestringpuller	not me, I think it's run by the mafia	[02:59]
evoorhees	in what way do you mean, mircea?	[02:59]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[03:00]
mircea_popescu	in the way of omg wtf 15k+	[03:00]
evoorhees	it's never earned 15k+ in one day	[03:00]
mircea_popescu	current month tho. or are my figures off ?	[03:00]
assbot	[MPEX] [S.MPOE] 4321 @ 0.0006298 = 2.7214 BTC [+]	[03:00]
assbot	[MPEX] [S.MPOE] 939 @ 0.00063011 = 0.5917 BTC [+]	[03:00]
assbot	[MPEX] [S.MPOE] 18090 @ 0.00063048 = 11.4054 BTC [+]	[03:00]
evoorhees	oh for the month... hehe yes	[03:00]
evoorhees	well, slightly less than that for Dec so far	[03:01]
evoorhees	more like 12k	[03:01]
mircea_popescu	was it seriously macau ppl betting like crazy ?	[03:01]
evoorhees	nobody from macau	[03:01]
mircea_popescu	a	[03:01]
evoorhees	we were introducing people there to bitcoin	[03:01]
evoorhees	it'll be a while before those connections make their way to bitcoinland	[03:02]
thestringpuller	evoorhees: I thought you'd be too busy having fun in New York to drop in on us.	[03:02]
evoorhees	no store in macau yet to buy btc :)	[03:02]
evoorhees	actually I'm stuck in bed right now cause a fucking spider bit me and it got infected	[03:02]
mircea_popescu	ouch	[03:02]
evoorhees	so I'm on antibiotics and have to keep my leg elevated	[03:02]
thestringpuller	now you'll get super powers no?	[03:02]
evoorhees	I'm hoping	[03:02]
mircea_popescu	those things suck	[03:03]
evoorhees	yeah :(	[03:03]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063037 = 2.7238 BTC [-]	[03:03]
assbot	[MPEX] [S.MPOE] 6156 @ 0.00063048 = 3.8812 BTC [+]	[03:03]
assbot	[MPEX] [S.MPOE] 11144 @ 0.0006306 = 7.0274 BTC [+]	[03:03]
thestringpuller	we should get phys delivery of cocoa by doing a deal with the columbian cartels	[03:04]
Diablo-D3	MAKE THIS HAPPEN, ASSHOLES: https://petitions.whitehouse.gov/petition/define-westboro-baptist-church-hate-group-due-promoting-animosity-against-differing-cultural/xHF0d3nq?utm_source=wh.gov&utm_medium=shorturl&utm_campaign=shorturl	[03:04]
thestringpuller	yes because signatures from romanian mobsters will help so much	[03:05]
mircea_popescu	i thought cocoa mostly comes from africa/ivory coast	[03:05]
thestringpuller	there is a large amount of it grown in south america	[03:05]
thestringpuller	unless it's changed	[03:05]
evoorhees	Diablo... that's a stupid petition lol	[03:05]
pigeons	https://petitions.whitehouse.gov/petition/secure-resources-and-funding-and-begin-construction-death-star-2016/wlfKzFkN	[03:05]
thestringpuller	now that's a good petition	[03:05]
evoorhees	bleh... just another big government program	[03:06]
evoorhees	not the worst I've seen though ;)	[03:06]
pigeons	Ukto: you didn't get eskimobob either https://www.litecoinglobal.com/security/ART	[03:07]
thestringpuller	I would say eCommerce is the worst	[03:07]
mircea_popescu	pigeons is this the mugmaking entreprise ?	[03:07]
pigeons	well the mugs were to get btc people interesting in giving a little coin to the effort to get a kiln	[03:08]
thestringpuller	EskimoBob never gives up	[03:08]
Ukto	pigeons: it happens	[03:09]
pigeons	yeah	[03:09]
pigeons	outlast	[03:09]
Ukto	I am not afraid of the competition that I will go mudslinging everywhere	[03:09]
pigeons	heh	[03:09]
Ukto	I have made arrangements for some assets now	[03:09]
thestringpuller	mircea_popescu: the idea you had about certified code review, why not extend that to a code-factory	[03:10]
thestringpuller	;;seen smickles	[03:12]
gribble	smickles was last seen in #bitcoin-assets 1 hour, 28 minutes, and 31 seconds ago: there is now a spread on idiff.mar	[03:12]
mircea_popescu	that may be an idea.	[03:12]
Ukto	heey evoorhees	[03:13]
thestringpuller	well the thing is mircea_popescu is that with the growing complexity of building code, it may be better for there to be an architect who can design it and to have code monkey's build it	[03:13]
Ukto	that sound like a pita x,x	[03:13]
evoorhees	hi ukto	[03:14]
mircea_popescu	maybe.	[03:14]
Ukto	evoorhees: sounds ike a great dividend month comming up :P	[03:15]
Ukto	I will probably be buying some shares myself via Terra once he gets things listed	[03:16]
evoorhees	best month yet, by far	[03:16]
Ukto	although I was planning to avoid buying shares on my own exchange, I really don't see much of a problem with it	[03:16]
Ukto	*but	[03:16]
thestringpuller	I feel like giving dividends to shareholders is a waste of capital	[03:19]
thestringpuller	use that money to give bonuses to the CEO's	[03:19]
mod6	hrm	[03:24]
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thestringpuller	i should raise bitcoins to make dexter's lab	[03:37]
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assbot	[MPEX] [S.MPOE] 12900 @ 0.00063005 = 8.1276 BTC [-]	[03:38]
assbot	[MPEX] [S.MPOE] 6000 @ 0.00062528 = 3.7517 BTC [-]	[03:38]
mircea_popescu	haha! i got assbot and all the split people can't see it.	[03:39]
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assbot	[MPEX] [S.DICE] 1245517 @ 0.0034 = 4234.7578 BTC [+]	[03:43]
thestringpuller	mircea_popescu: come again?	[03:48]
mircea_popescu	netsplit	[03:48]
mircea_popescu	whoa	[03:48]
mircea_popescu	!ticker s.dice	[03:49]
assbot	[MPEX:S.DICE] 1day: 0.00328789 / 0.0033994 / 0.0034 (2813127 shares, 9,562.97 BTC), 30day: 0.00308319 / 0.00338584 / 0.0034 (4754221 shares, 16,097.04 BTC)	[03:49]
thestringpuller	what did you mean you got assbot?	[03:49]
mircea_popescu	he's on this side of the split	[03:50]
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Ukto	https://bitcointalk.org/index.php?topic=130117.msg1400804#msg1400804 why cant he stop? Is he really a troll?	[03:54]
Ukto	stupid netsplit	[03:54]
mircea_popescu	wb	[03:55]
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Guest6144	hey	[03:55]
Guest6144	stupid nickserv	[03:56]
thestringpuller	another asset exchange?	[03:56]
thestringpuller	ugh	[03:56]
Guest6144	thestringpuller: another as of when?	[03:56]
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Guest6144	BitFunder was in public beta testing in June	[03:56]
thestringpuller	sounds laaame	[03:57]
thestringpuller	just list on mpex	[03:57]
Guest6144	list an exchange on mpex?	[03:57]
mircea_popescu	lol	[03:57]
*	Guest6144 is now known as Ukto	[03:58]
thestringpuller	yessir	[03:58]
Ukto	:P	[03:58]
thestringpuller	Utko, what do you own?	[03:59]
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Ukto	BitFunder	[04:00]
Ukto	also, hashpower, and weexchange	[04:00]
mircea_popescu	and hp	[04:00]
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Ukto	oh, and I own some of btct.co	[04:00]
Ukto	:)	[04:00]
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Ukto	er BTC-GLOBAL	[04:00]
Ukto	even	[04:00]
kakobrekla	hp pft, ill open an international bitcoin machines	[04:01]
Ukto	Internation house of Bitocoins? IHOB? :P	[04:02]
kakobrekla	ibm	[04:02]
kakobrekla	:p	[04:02]
Ukto	hehehe	[04:02]
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Ukto	wb	[04:03]
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thestringpuller	fringe science!	[04:07]
thestringpuller	you know they are working on hyperspace trvel	[04:07]
pigeons	a seller's profile on a site i'm looking at : "im the most honest person i know"	[04:07]
Ukto	LOL	[04:07]
mircea_popescu	virgin	[04:08]
thestringpuller	like you mircea_popescu ?	[04:12]
mircea_popescu	heh	[04:12]
thestringpuller	:)	[04:12]
thestringpuller	mircea_popescu: invest in fringe science	[04:15]
mircea_popescu	fridge dood. it's called fridge	[04:16]
thestringpuller	lol	[04:16]
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assbot	[MPEX] [X.MGCG] 103 @ 0.12366005 = 12.737 BTC [-]	[04:17]
pigeons	special magnetic breacelets that take 5 strokes from your gold game if you believe enough, 5 btc	[04:17]
pigeons	*golf	[04:17]
mircea_popescu	do they go on penis ?	[04:17]
pigeons	10 btc	[04:18]
pigeons	gotta believe though	[04:18]
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mircea_popescu	10 btc for 5 strokes ? wtf is this, 2009 ?	[04:18]
pigeons	results may vary	[04:19]
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assbot	[MPEX] [X.EWTI] 133 @ 0.0614575 = 8.1738 BTC [-]	[04:21]
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thestringpuller	so how do we get pysical delivery of futures?	[04:23]
mircea_popescu	need a clearinghouse.	[04:24]
Ukto	thestringpuller: DHL :P	[04:26]
Ukto	they are reliable, right?	[04:26]
assbot	[MPEX] [S.MPOE] 12300 @ 0.00063014 = 7.7507 BTC [+]	[04:28]
assbot	[MPEX] [S.MPOE] 200 @ 0.0006306 = 0.1261 BTC [+]	[04:28]
smickles	!ticker s.dice	[04:29]
assbot	[MPEX:S.DICE] 1day: 0.00328789 / 0.0033994 / 0.0034 (2813127 shares, 9,562.97 BTC), 30day: 0.00308319 / 0.00338584 / 0.0034 (4754221 shares, 16,097.04 BTC)	[04:29]
*	smickles melts	[04:30]
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Bugpowder	holy shit	[04:31]
Bugpowder	somebody needs to buy my futures so I can buy S.DICE before it hits 6000000	[04:32]
Bugpowder	2.5M share purchase?	[04:32]
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Namjies	Which futures?	[04:33]
assbot	[MPEX] [S.DICE] 12353 @ 0.0034 = 42.0002 BTC [+]	[04:34]
Bugpowder	INDQ	[04:35]
Bugpowder	Gold Crude and Nas100	[04:35]
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Bugpowder	I'm selling at current settlement value for fucks sake	[04:35]
assbot	[MPEX] [S.MPOE] 8106 @ 0.0006306 = 5.1116 BTC [+]	[04:36]
assbot	[MPEX] [S.MPOE] 244 @ 0.00063066 = 0.1539 BTC [+]	[04:36]
assbot	[MPEX] [S.DICE] 2000 @ 0.0034 = 6.8 BTC [+]	[04:36]
Bugpowder	S.DICE is going to explode by EOM	[04:38]
assbot	[MPEX] [S.MPOE] 5086 @ 0.00063066 = 3.2075 BTC [+]	[04:40]
assbot	[MPEX] [S.MPOE] 10626 @ 0.00063067 = 6.7015 BTC [+]	[04:40]
mircea_popescu	Bugpowder i waswaiting for you to go online lol	[04:41]
mircea_popescu	!ticker s.dice	[04:42]
assbot	[MPEX:S.DICE] 1day: 0.00328789 / 0.00339941 / 0.0034 (2827480 shares, 9,611.77 BTC), 30day: 0.00308319 / 0.00338588 / 0.0034 (4768574 shares, 16,145.84 BTC)	[04:42]
mircea_popescu	10k traded today.	[04:42]
*	mircea_popescu waves @ smickles	[04:42]
*	smickles puddles @ mircea_popescu	[04:43]
mircea_popescu	lol	[04:43]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062555 = 2.703 BTC [-]	[04:43]
assbot	[MPEX] [S.MPOE] 6775 @ 0.00062528 = 4.2363 BTC [-]	[04:43]
assbot	[MPEX] [S.MPOE] 15100 @ 0.00062478 = 9.4342 BTC [-]	[04:43]
assbot	[MPEX] [S.MPOE] 26536 @ 0.00062348 = 16.5447 BTC [-]	[04:43]
mircea_popescu	crazy day.	[04:43]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063065 = 2.725 BTC [+]	[04:44]
assbot	[MPEX] [S.MPOE] 8374 @ 0.00063067 = 5.2812 BTC [+]	[04:44]
assbot	[MPEX] [S.MPOE] 6700 @ 0.00063072 = 4.2258 BTC [+]	[04:44]
assbot	[MPEX] [S.MPOE] 2950 @ 0.0006308 = 1.8609 BTC [+]	[04:44]
assbot	[MPEX] [S.MPOE] 1205 @ 0.00063101 = 0.7604 BTC [+]	[04:44]
mircea_popescu	alrighty, too much excitement for one day. catch you all later!	[04:47]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062381 = 2.6955 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 14228 @ 0.00062348 = 8.8709 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 22500 @ 0.00062302 = 14.018 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 41025 @ 0.0006189 = 25.3904 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 17194 @ 0.00060654 = 10.4288 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 3718 @ 0.0006058 = 2.2524 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 2439 @ 0.00060027 = 1.4641 BTC [-]	[04:47]
assbot	[MPEX] [S.MPOE] 30000 @ 0.00060016 = 18.0048 BTC [-]	[04:47]
Bugpowder	heh	[04:47]
Bugpowder	I need MOAR S.DICE	[04:47]
assbot	[MPEX] [S.MPOE] 300000 @ 0.0006 = 180 BTC [-]	[04:48]
Bugpowder	10000*.002	[04:48]
Namjies	Hey, SatoshiDice got slightly purchased today.	[04:48]
Bugpowder	not a bad days profit in sales fees	[04:48]
Bugpowder	All the other stocks have gone up massively	[04:49]
Bugpowder	only S.DICE priced the IPO correctly	[04:49]
Bugpowder	when the top tier sells out	[04:49]
Bugpowder	...	[04:49]
mircea_popescu	Bugpowder actually... they're making 5% a month ?	[04:49]
mircea_popescu	i fail to see how that's correctly.	[04:49]
Bugpowder	this month	[04:49]
Namjies	So other stocks were underpriced?	[04:49]
Bugpowder	let's see it for a few months in a row	[04:50]
Bugpowder	MPOE bot is making ~9% a month	[04:50]
mircea_popescu	yes this month. the thing is, i think after the variousdebacles startying with pirate people were loath to dump the 100k it should have commanded.	[04:50]
mircea_popescu	but at any rate, take the yearly ffigure : 32k, since april.	[04:50]
Bugpowder	yeah	[04:51]
Bugpowder	well	[04:51]
mircea_popescu	10% return ? in BTC ?	[04:51]
Bugpowder	actually 29k	[04:51]
Bugpowder	some stuck payouts right now	[04:51]
mircea_popescu	a ok	[04:51]
mircea_popescu	but still.	[04:51]
Bugpowder	yeah	[04:51]
mircea_popescu	there's never been an asset returning 10% a year IN BTC	[04:51]
mircea_popescu	not on this massive scale anyway.	[04:51]
Bugpowder	I have sellers remorse on S.MPOE and S.BVPS	[04:52]
mircea_popescu	so im definitely claiming firsts here.	[04:52]
Bugpowder	not happening with S.DICE	[04:52]
Bugpowder	Buy and hold	[04:52]
mircea_popescu	irl people usually advise to buy and hold	[04:52]
Namjies	How much did you sell S.BVPS?	[04:52]
mircea_popescu	in btc ? that's like ^2. or 3.	[04:52]
Namjies	Was it you who sold 100k?	[04:52]
Bugpowder	most at 35000	[04:52]
Bugpowder	yeah	[04:52]
Namjies	Ah right.	[04:52]
Bugpowder	then some at 30000	[04:53]
Bugpowder	when he was 3 days late on divvy	[04:53]
assbot	[MPEX] [S.MPOE] 120000 @ 0.0006 = 72 BTC [-]	[04:54]
Bugpowder	Panic selling kept me solvent in the GLBSE era.	[04:54]
mircea_popescu	lol	[04:54]
Namjies	I sent him a PM not to forget to pay dividends on the 9th and he paid out on the 9th.	[04:54]
mircea_popescu	anyway. im off for real. don't break anything!	[04:54]
Bugpowder	l8r	[04:54]
Bugpowder	need more coins'	[04:54]
Namjies	Not sure if because I took the time to remind him or not.	[04:54]
Namjies	Later, mircea	[04:54]
Namjies	Hmm, on GLBSE, panic selling was what I was NOT doing.	[04:55]
*	Now talking on #bitcoin-assets	[14:16]
*	Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://polimedia.us/mpex \|\| https://coinbr.com \|\| https://cryptostocks.com \|\| https://icbit.se \|\| https://therocktrading.com \|\| https://assets-otc.com \|\| https://www.havelockinvestments.com \|\| https://bitfunder.com \|\| list bot commands: !help \|\| Streaming trades only: #bitcoin-assets-trades \|\| Net Chart: http://bit.ly/RPclBi	[14:16]
*	Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Fri Dec 7 19:23:30 2012	[14:16]
mircea_popescu	thestringpuller lemme know.	[14:16]
mircea_popescu	hey pigeons, there's a half frozen hungry desperate dieing pigeon in my yard.	[14:17]
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mircea_popescu	think i should throw it some bread ?	[14:17]
pigeons	would you want bread? how about a juicy worm	[14:18]
mircea_popescu	lol da fuck ima find worms under 2 feet of snow	[14:19]
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kakobrekla	afaik bread is no good in winter for birds	[14:48]
EskimoBob	do not give them dark bread, it has too much salt and this will kill the poor bastards	[14:48]
EskimoBob	oat is good	[14:49]
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EskimoBob	strange, we have pigeons too but they do not freeze even when it's -40C	[14:50]
mircea_popescu	http://polimedia.us/trilema/2012/mpex-dedicated-domains/ <<	[14:50]
EskimoBob	your pigeons over there need winter coats :)	[14:50]
mircea_popescu	EskimoBob i was going to ask for a few bitcoins off pigeons to pay for it.	[14:51]
EskimoBob	get some thread and start knitting	[14:51]
EskimoBob	fluffy pink thread is probably nice for southern pigeons	[14:54]
EskimoBob	http://img.ymlp.com/stitchandbitchlondon_cooeylion.jpg	[14:55]
EskimoBob	blue looks good too	[14:55]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00062839 = 2.7153 BTC [-]	[15:01]
assbot	[MPEX] [S.MPOE] 13860 @ 0.00062805 = 8.7048 BTC [-]	[15:01]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[15:02]
mircea_popescu	http://www.buywithbtc.com/this-week-mpex.html	[15:02]
mircea_popescu	that is pretty cute.	[15:02]
assbot	[MPEX] [S.DICE] 1900 @ 0.00338595 = 6.4333 BTC [+]	[15:03]
assbot	[MPEX] [S.DICE] 6923 @ 0.0034 = 23.5382 BTC [+]	[15:03]
Bugpowder	Cant the price go super high, all the calls get exercised, then the price crash. Like in the Pirate crash month.	[15:05]
Bugpowder	MOAR S.DICE	[15:05]
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mircea_popescu	there's options on s.dice ?	[15:09]
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assbot	[MPEX] [S.MPOE] 3019 @ 0.00062686 = 1.8925 BTC [-]	[15:20]
assbot	[MPEX] [S.MPOE] 7831 @ 0.00063514 = 4.9738 BTC [+]	[15:20]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063509 = 2.7442 BTC [-]	[15:35]
assbot	[MPEX] [S.MPOE] 12069 @ 0.00063514 = 7.6655 BTC [+]	[15:35]
assbot	[MPEX] [S.MPOE] 14400 @ 0.00063522 = 9.1472 BTC [+]	[15:35]
assbot	[MPEX] [S.MPOE] 5737 @ 0.00063547 = 3.6457 BTC [+]	[15:35]
assbot	[MPEX] [S.MPOE] 4651 @ 0.00063608 = 2.9584 BTC [+]	[15:35]
*	Azelphur has quit (Excess Flood)	[15:51]
*	Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets	[15:54]
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assbot	[MPEX] [S.MPOE] 13357 @ 0.00063539 = 8.4869 BTC [-]	[15:57]
assbot	[MPEX] [S.MPOE] 11349 @ 0.00063608 = 7.2189 BTC [+]	[15:59]
assbot	[MPEX] [S.MPOE] 951 @ 0.00063787 = 0.6066 BTC [+]	[15:59]
assbot	[MPEX] [S.DICE] 2000 @ 0.0033353 = 6.6706 BTC [-]	[16:07]
assbot	[MPEX] [S.DICE] 1700 @ 0.0033341 = 5.668 BTC [-]	[16:07]
assbot	[MPEX] [O.BTCUSD.C130T] 800 @ 0.16532973 = 132.2638 BTC [-]	[16:20]
assbot	[MPEX] [O.BTCUSD.C120T] 900 @ 0.21548437 = 193.9359 BTC [-]	[16:21]
assbot	[MPEX] [S.MPOE] 19306 @ 0.00063539 = 12.2668 BTC [-]	[16:24]
assbot	[MPEX] [S.MPOE] 6911 @ 0.00063787 = 4.4083 BTC [+]	[16:35]
assbot	[MPEX] [S.MPOE] 3439 @ 0.00063789 = 2.1937 BTC [+]	[16:35]
*	LiquidBits (~LiquidBit@108-225-148-246.lightspeed.miamfl.sbcglobal.net) has joined #bitcoin-assets	[16:50]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063551 = 2.746 BTC [-]	[16:57]
assbot	[MPEX] [S.MPOE] 20387 @ 0.00063539 = 12.9537 BTC [-]	[16:57]
assbot	[MPEX] [S.MPOE] 1181 @ 0.00063096 = 0.7452 BTC [-]	[16:57]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063115 = 2.7272 BTC [+]	[17:04]
assbot	[MPEX] [S.MPOE] 7579 @ 0.00063096 = 4.782 BTC [-]	[17:04]
assbot	[MPEX] [S.MPOE] 12694 @ 0.00063096 = 8.0094 BTC [-]	[17:10]
EskimoBob	can you guys add https://www.litecoinglobal.com/ and https://btct.co/ and https://bitfunder.com/ to assbots feed list?	[17:14]
Diablo-D3	yesplease	[17:15]
Diablo-D3	Im tired of seeing the mpoe and dice exchange.	[17:15]
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kakobrekla	they know where to find me, bug them.	[17:17]
Diablo-D3	kakobrekla: DOOO EEEET	[17:17]
kakobrekla	barking at the wrong tree Diablo-D3	[17:18]
Diablo-D3	dude, I bark at all trees concurrently	[17:18]
kakobrekla	:)	[17:18]
mircea_popescu	lol	[17:18]
mircea_popescu	iirc burnside was saying he'll get the twitter feed.	[17:19]
mircea_popescu	ukto too	[17:19]
Diablo-D3	fuck twitter feeds	[17:19]
EskimoBob	pigeons: send me your username at litecoinglobal and I can do the transfer	[17:19]
Diablo-D3	twitter is not a generic messaging protocol	[17:19]
Diablo-D3	just use fucking telnet	[17:19]
EskimoBob	twitter is for birds	[17:19]
Diablo-D3	angry ones?	[17:20]
Ukto	hey EskimoBob	[17:20]
EskimoBob	Ukto: Hi	[17:20]
Ukto	good luck with the sales! :)	[17:20]
Ukto	hope you guys get the equipment you need	[17:20]
Ukto	think it should work out	[17:20]
Ukto	I*	[17:20]
EskimoBob	I need that :) Sorry, for not going with your exchange. BTW; we can do a PT, if you like that idea	[17:21]
Ukto	dont be sorry	[17:21]
Ukto	it really isnt a competition	[17:21]
Ukto	and you are more than welcome to	[17:21]
Diablo-D3	yeah, I think we need more than one exchange	[17:21]
EskimoBob	Ukto: if we get this rolling, it will be awesome. There is no more "if" there is "when"	[17:21]
Ukto	As I was talking to deadterra bout his s.dice PT	[17:21]
Ukto	we both agreed that we should have at least 4~5 exchanges	[17:22]
Ukto	for when the next topples	[17:22]
EskimoBob	NOOOOOO!	[17:22]
Ukto	and exchanges should work together	[17:22]
Ukto	so issuers can be on all of them	[17:22]
EskimoBob	like a P2P	[17:22]
Ukto	p2p has its fault	[17:22]
EskimoBob	gone form one, shows up on next one	[17:22]
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EskimoBob	"like a P2p"	[17:23]
Ukto	i kinda want to use a version it as a backend for my system	[17:23]
Ukto	yeah	[17:23]
Ukto	I am setting up my api	[17:23]
Ukto	where terra can easily and automatically transfer share for users between exchanges	[17:23]
Ukto	well	[17:23]
EskimoBob	exchanges need to afree on data exchange protocol and become each others backup	[17:23]
Ukto	at least in / out of bf	[17:23]
EskimoBob	agree*	[17:23]
Ukto	if the other exchanges go down, he can go by the last list he had.. which might be outdated somewhat	[17:24]
EskimoBob	trust issues? encryp the data	[17:24]
Ukto	same thing for BF	[17:24]
Ukto	except that someone else might have a newer version	[17:24]
Ukto	since its all public	[17:24]
Ukto	was debating doing a signed version of the asset list	[17:25]
EskimoBob	pushing trades to other exchanges can't be that hard or a resource hog	[17:25]
Ukto	its not a resource issue	[17:25]
Ukto	its a responsibility issue	[17:25]
Ukto	who is responsible	[17:25]
kakobrekla	nefario	[17:25]
EskimoBob	lol	[17:25]
Ukto	the excahnges dont want to be responsible for shares between the exchanges	[17:25]
Ukto	LOL	[17:25]
Ukto	so that puts all the work onto the issuer	[17:25]
Ukto	kinda like how carnth did his gold deal	[17:26]
Ukto	between ltc-globla and btct	[17:26]
kakobrekla	mircea_popescu twitter is going out	[17:26]
Ukto	he lets ppl move teh stuff between em	[17:26]
EskimoBob	lets say we have 4 exchanges and they keep eachothers trade history and balances updates (encrypted) for each other	[17:26]
mircea_popescu	a, right.	[17:26]
EskimoBob	if one drops down, anyone can pick up and relist	[17:26]
Ukto	mircea_popescu: yeah, i already spent the time to make twitter feed, even same format as glbse to make it weasy for kakobrekla, now he wont use it cause twatter will eventaulyl disco it	[17:26]
Ukto	EskimoBob: as long as you have up to the second latest copy of the data	[17:27]
mircea_popescu	oops.	[17:27]
Ukto	so its meh	[17:27]
Ukto	re: mirc	[17:27]
Ukto	crypto isnt doing any of it to my knowledge.. listing data	[17:27]
Ukto	privately to issuers or public	[17:27]
EskimoBob	yes, but we are not talikng about 1000 trades a second here	[17:27]
kakobrekla	accually it was mps idea to phase twitter out	[17:27]
Ukto	btct sends the issuer a list every X hours	[17:27]
EskimoBob	forget twitter,	[17:28]
Ukto	bitfunders list is live	[17:28]
kakobrekla	its eating trades even when you appy the microtime patch	[17:28]
Ukto	so as long as someone has a copy its within some reason	[17:28]
EskimoBob	ok, lets upgrade this backup idea	[17:28]
kakobrekla	apply	[17:28]
Ukto	i want to post trade data	[17:28]
Ukto	like the twatter deal	[17:28]
Ukto	with signed msgs	[17:29]
Ukto	so if somoene has a holdings from 10 min prior to a shutdown or some shit	[17:29]
Ukto	the can say look	[17:29]
Ukto	that was my trade	[17:29]
Ukto	its signed and proven	[17:29]
Ukto	i SHOULD have X shares	[17:29]
EskimoBob	you send out balances and trade data	[17:30]
EskimoBob	now, if you add	[17:30]
Ukto	thats alot of data heh	[17:30]
Ukto	to post	[17:30]
Ukto	every trade	[17:30]
EskimoBob	something to trade data (a key)	[17:30]
Ukto	the problem is you woudl have to show trade data between public addresses	[17:30]
EskimoBob	and now your exchange gets blown up	[17:30]
Ukto	then ppl can see trading history of users	[17:30]
Ukto	tha gets to be less anon	[17:30]
EskimoBob	the trades can me restored to the latest ping from your exchange	[17:30]
Ukto	wihle that is true	[17:31]
EskimoBob	messages can or actually have to be encrypted	[17:31]
Ukto	doesnt help the public	[17:31]
Ukto	if the priv key has been taken hostage	[17:31]
Ukto	:P	[17:31]
EskimoBob	every backup exchange has the key	[17:31]
EskimoBob	and account holders	[17:31]
EskimoBob	so you can see your own trades and prove those are yours	[17:32]
Ukto	yeah	[17:32]
Ukto	theres a bit to consider.	[17:32]
Ukto	Right now	[17:32]
mircea_popescu	in any event more use of pgp can not hurt the new exchanges.	[17:32]
Ukto	I want to finish the core functionality extensions	[17:32]
Ukto	mircea_popescu: agreed	[17:33]
EskimoBob	this is just a rough idea. You guys are smart enough and can make it into something that works	[17:33]
mircea_popescu	it's one point that's been gained through experience so far, gpg is good.	[17:33]
Ukto	I just updated the trading graph to have the volume panel.	[17:33]
Ukto	gonna add the depth chart a bit later today/tonight	[17:33]
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Ukto	still debating if I will bother with candle/ohlc.. since the open/close would be midnight.. it would just be showing day to day high/low and midnight price...	[17:35]
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Ukto	althgouh I will be enabling trend line drawing :P	[17:35]
Ukto	so ppl can draw a lot of lines aiming downwards over timer	[17:36]
Ukto	for most assets :P	[17:36]
Ukto	at least the mining ones	[17:36]
assbot	[MPEX] [S.MPOE] 3200 @ 0.0006273 = 2.0074 BTC [-]	[17:38]
*	Tritonio has quit (Ping timeout: 245 seconds)	[17:39]
assbot	[MPEX] [O.BTCUSD.P150T] 120 @ 0.1534485 = 18.4138 BTC [-]	[17:41]
assbot	[MPEX] [S.MPOE] 7800 @ 0.000625 = 4.875 BTC [-]	[17:43]
*	SpeedBus (~SpeedBus@unaffiliated/speedbus) has joined #bitcoin-assets	[17:44]
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EskimoBob	Ukto: add the price:return line. This will look soothingly straight, when price falls, and divs fall	[17:46]
Ukto	return? talking about the graph?	[17:47]
EskimoBob	yeah	[17:52]
EskimoBob	return - Mh/s	[17:52]
mircea_popescu	http://www.zerohedge.com/news/2012-12-11/guest-post-five-minute-example-hft-shenanigans	[17:53]
mircea_popescu	this is quite the read.	[17:53]
EskimoBob	mircea_popescu: and this is why all the fkn trading bots are no good	[17:57]
mircea_popescu	actually, this is why mpex doesn't allow instacancellation of orders :)	[17:57]
Ukto	EskimoBob: wow, I feel completely lost as to what you are talking about now. :P	[17:57]
Ukto	stock graphs.. Mh/s ?	[17:57]
EskimoBob	you misunderstood me Ukto	[17:58]
*	farfi (~farfi@77.125.12.125) has joined #bitcoin-assets	[17:58]
Ukto	I think so too :P	[17:58]
EskimoBob	you see, miningbonds (the perpetual ones) usually lose value over time and so do the returns they pay	[17:58]
EskimoBob	I still call them "turds"	[17:59]
EskimoBob	mining contract charts will look ugly and depressing over time if diff keeps crawling up the hill	[17:59]
EskimoBob	so, if you add a line for contact price ratio to what Mh/s produced, you probably get a nice flat line	[18:00]
EskimoBob	delete that "ratio"	[18:00]
EskimoBob	actually	[18:01]
assbot	[MPEX] [S.MPOE] 4506 @ 0.0006273 = 2.8266 BTC [+]	[18:01]
assbot	[MPEX] [S.MPOE] 7944 @ 0.00062845 = 4.9924 BTC [+]	[18:01]
EskimoBob	adding a line for what "Mh/s" produces at any point in time, is not that bad. You get that from difficulty	[18:02]
EskimoBob	and this is actually "predicting" the mining contract share price	[18:03]
Ukto	when you say adding a line, a graph ?	[18:05]
EskimoBob	yes	[18:09]
*	Tritonio (~Tritonio@athedsl-17996.home.otenet.gr) has joined #bitcoin-assets	[18:10]
EskimoBob	for mining contracts, that pay N Mh/s as div	[18:10]
Ukto	woudl require a few more fields	[18:10]
Ukto	not all pay 100% pps	[18:10]
Ukto	i would then have to connect to a bitcoind or json from somewhere to get diff	[18:11]
Ukto	for each timeperiod	[18:11]
Ukto	not that it isnt doable	[18:11]
Ukto	just a bit of work to put it all together	[18:11]
mircea_popescu	http://polimedia.us/trilema/2012/mpex-and-the-hft-problem/ :D	[18:11]
EskimoBob	diff changes are not that frequent	[18:11]
Ukto	mircea_popescu: you sure do have a lot of time on your hands :P	[18:11]
mircea_popescu	haha why you say ?	[18:11]
Ukto	EskimoBob: but when the graph is generated, live, it has to do a diff lookup for each payouts date/time	[18:12]
Ukto	all the blogs hehe	[18:12]
EskimoBob	cache it Ukto, it never changes	[18:12]
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mircea_popescu	lol	[18:12]
Ukto	the graph will every time you add to it :P	[18:13]
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EskimoBob	yes, but your diff history...actually the result from the calculation of what 1 Mh/s can produce is cashed and can be used for every miningbond	[18:15]
EskimoBob	if it's a 5Mh/s, x5	[18:15]
EskimoBob	if it's a 1000 Mh/s then x 1000 and so on	[18:15]
EskimoBob	compared to trade data, this is like nothing	[18:16]
Ukto	as I said, its easily doable in a multitude of ways, I just want to think through the best way to do it. right now, I am still trying to focus on the core systems	[18:18]
Ukto	while playing with the graphs, I am working on the api system, and comprehensive documention for it	[18:18]
EskimoBob	sure, this is just "bells an whistles"	[18:19]
Ukto	yeah :)	[18:19]
Ukto	I liek the idea	[18:19]
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Ukto	I stuck it in my list already. :)	[18:20]
EskimoBob	let me dig around in old GLBSE thread. I had many ideas over there. :)	[18:20]
Ukto	sure :)	[18:21]
Ukto	en facte, one thing on my list	[18:22]
Ukto	is discussion boards	[18:22]
Ukto	a set of sub boards per asset	[18:22]
Ukto	as well as some for the site itself	[18:22]
assbot	[MPEX] [S.MPOE] 21201 @ 0.000625 = 13.2506 BTC [-]	[18:29]
EskimoBob	Ukto: here is one that just popped to my head - large block trades that can be executed outside/inside best bid/ask	[18:29]
Ukto	dark orders?	[18:30]
EskimoBob	nothing "dark" about them :)	[18:30]
Ukto	well.. if they are not dark, then bots will change the price :P	[18:30]
EskimoBob	just less panic and hysteria	[18:30]
EskimoBob	large block trades that can be executed ___outside/inside___ best bid/ask	[18:31]
EskimoBob	never really listed in order book but show up in trades	[18:31]
Ukto	hmm	[18:31]
Ukto	so how would it work. you pull up the asset page, see the order book and the best bid/ask	[18:31]
Ukto	want to do.. 1,000 shares	[18:32]
Ukto	and the best ask is say 1btc	[18:32]
Ukto	to make this easy	[18:32]
Ukto	what happens next. :)	[18:32]
EskimoBob	Lets say good people at EMIF.LTC-TRADING or LITECOINRS-PT come to me an say - lets do 20K shares trade at price X	[18:32]
EskimoBob	Ukto: large blocks are off the orderbook usually and agreed on the side	[18:33]
Ukto	so it would be a "direct trade"	[18:34]
Ukto	:P	[18:34]
Ukto	not neccesarily in large blocks	[18:34]
EskimoBob	yes and now... depends what you mean by that	[18:34]
EskimoBob	no	[18:34]
EskimoBob	you need to set min limit for those.	[18:34]
Ukto	I am already planning to be able to send X shares to Y person for Z price	[18:34]
EskimoBob	lets say 100 BTC or something	[18:34]
EskimoBob	sure, you can use that	[18:35]
Ukto	with my direct trades, it would be doable at any amount, it just wont show on teh trade history	[18:35]
Ukto	showing it on trade history would leave a giant opening for abuse	[18:36]
Ukto	like to forcefully raise or lower the traded price i think	[18:37]
Ukto	i am kind of confused by ltc-global's "internal asset transfer"	[18:38]
Ukto	it has a value/share field	[18:38]
Ukto	not sure if you can trade for a price directly..	[18:38]
Ukto	or what that fields for	[18:38]
Diablo-D3	meh I feel like shit today	[18:46]
FabianB	mircea_popescu: what happend to mpex.us?	[18:48]
mircea_popescu	mm	[18:48]
mircea_popescu	did the dns get frazzled ?	[18:48]
mircea_popescu	FabianB it was unrouted. fixed.	[18:49]
mircea_popescu	(may take a little to propagate)	[18:50]
assbot	[MPEX] [S.MPOE] 7400 @ 0.000625 = 4.625 BTC [-]	[18:50]
mircea_popescu	otherwise see http://polimedia.us/trilema/2012/mpex-dedicated-domains/	[18:51]
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FabianB	mircea_popescu: yup, works again :)	[19:07]
mircea_popescu	ty for pointing out :)	[19:08]
assbot	[MPEX] [S.MPOE] 5456 @ 0.00062845 = 3.4288 BTC [+]	[19:08]
assbot	[MPEX] [S.MPOE] 6292 @ 0.00063176 = 3.975 BTC [+]	[19:08]
assbot	[MPEX] [S.MPOE] 1952 @ 0.00063789 = 1.2452 BTC [+]	[19:08]
FabianB	mircea_popescu: i know, was reading backlog, noticed that post and was wondering if .us still redirects or points to mpex directly like the other domains	[19:08]
FabianB	so i tried and noticed it not working	[19:08]
FabianB	np	[19:08]
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assbot	[MPEX] [S.MPOE] 4321 @ 0.00063788 = 2.7563 BTC [-]	[19:16]
assbot	[MPEX] [S.MPOE] 29 @ 0.00063789 = 0.0185 BTC [+]	[19:16]
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assbot	[MPEX] [S.MPOE] 2369 @ 0.00062506 = 1.4808 BTC [-]	[19:22]
thestringpuller	mircea_popescu: did you get my message	[19:26]
Ukto	you dont hear about school shootings in israel.. just saying... http://i.imgur.com/Ts1So.jpg	[19:27]
Ukto	:P	[19:27]
assbot	[MPEX] [S.MPOE] 1952 @ 0.00062506 = 1.2201 BTC [-]	[19:30]
assbot	[MPEX] [S.MPOE] 29198 @ 0.000625 = 18.2488 BTC [-]	[19:30]
thestringpuller	mpex!	[19:32]
thestringpuller	;;seen smicklea	[19:32]
gribble	I have not seen smicklea.	[19:32]
thestringpuller	;;seen smicklea	[19:32]
gribble	I have not seen smicklea.	[19:32]
thestringpuller	;;seen smickles	[19:32]
gribble	smickles was last seen in #bitcoin-assets 12 hours, 2 minutes, and 54 seconds ago: I consider myself amature, but i've been told what I have done is impressive by amatures	[19:32]
mircea_popescu	thestringpuller yea, lemme hear.	[19:34]
mircea_popescu	wait. smickles considers himself a mature ?! as in, old pornstar ?!	[19:35]
thestringpuller	what if the personor entity acting as the clearing house had, access to the physical asset via normal channels, fiat on hand to pay for said asset, and btc's on hand. in theory couldn't he sign a pgp contract granting ownership to future holders upon settlement?	[19:36]
mircea_popescu	absolutely.	[19:37]
mircea_popescu	that's exactly how this works.	[19:37]
thestringpuller	so like mbor (i forget initial for bonds) you could have multiple clearing house entities to deliver physical assets traded on mpex	[19:38]
thestringpuller	as you have mutiple bond holders who help settle optiond	[19:39]
mircea_popescu	mpbor. and yes.	[19:39]
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thestringpuller	options*	[19:39]
thestringpuller	so are you in talks to get said clearing houses set up?	[19:39]
mircea_popescu	not really.	[19:40]
mircea_popescu	most people who'd be competent enough to do it either don't want it because it'd likely be low volume to start or legal concerns	[19:40]
thestringpuller	i would do it with cocoa	[19:41]
thestringpuller	youd likely need one house per commodity	[19:42]
mircea_popescu	but do you have a cocoa warehouse ?!	[19:42]
thestringpuller	im good friends with a cocoa distributor and I own a warehouse so its possible	[19:43]
mircea_popescu	this'd be wonderful.	[19:43]
thestringpuller	however i wouldnt want to have a paper trail between fiat and btc in the us after the glbse fiasco	[19:43]
mircea_popescu	where ?	[19:43]
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assbot	[MPEX] [S.MPOE] 14400 @ 0.000625 = 9 BTC [-]	[19:46]
mircea_popescu	;;later tell bugpowder there's an important point to consider in the discussion of X.IDIFF margins as the quarters roll by which we skipped over last time.	[19:46]
gribble	The operation succeeded.	[19:46]
thestringpuller	now that i think of it, it wouldn't really matter. if the cocoa comes staright from the distributor, then there is no reason to use am exchange except for pricing	[19:47]
mircea_popescu	;;later tell bugpowder if you deposit 2.3btc today for the SEP and then as MAR rolls by the diff actually went way up like 9x, the new collateral is just 3x, but 3x the NEW price, which is 9x.	[19:47]
gribble	The operation succeeded.	[19:47]
mircea_popescu	;;later tell bugpowder so it washes out.	[19:47]
gribble	The operation succeeded.	[19:47]
mircea_popescu	thestringpuller well, where'd it be distributed ?	[19:48]
thestringpuller	the us, but delivery to end user could originate from anywhere	[19:49]
mircea_popescu	no, what i mean is. suppose X has 500 contracts to take delivery on	[19:49]
mircea_popescu	where does he pick up his cocoa ?	[19:50]
thestringpuller	he gives an address and it shows up at his door	[19:50]
thestringpuller	or he is selling it to the coffee shop and he gives that address	[19:50]
mircea_popescu	what, CIF any destination ?!	[19:51]
mircea_popescu	or more like DAT ? you don't clear customs/taxes do you	[19:51]
Diablo-D3	what are we doing now?	[19:52]
thestringpuller	mircea_popescu: one moment i am on a phone lemme change olatforms	[19:52]
thestringpuller	brb	[19:52]
mircea_popescu	no rush.	[19:52]
EskimoBob	mmm... no idea. Trading cocoa beans?	[19:55]
mircea_popescu	im not even sure, he might have meant processed	[19:57]
thestringpuller	I was typing from a phone, now I'm tethered in.	[19:58]
mircea_popescu	so. your delivery model is something like what exactly ? CIF ? DAT ? DAP (FIS) ?	[19:59]
thestringpuller	DAT would be directly from distributor to clinet correcnt?	[20:01]
thestringpuller	corret*	[20:01]
thestringpuller	ugh my typing is awful today	[20:01]
mircea_popescu	dat is delivered to terminal	[20:01]
mircea_popescu	"Seller pays for carriage to the terminal, except for costs related to import clearance, and assumes all risks up to the point that the goods are unloaded at the terminal."	[20:01]
mircea_popescu	FIS is the ancient "free in store", buyer pays custom duty if any.	[20:02]
thestringpuller	CIF is more comprehensive	[20:02]
*	Ukto doesnt comprehend. :P	[20:02]
mircea_popescu	CIF is Cost, Insurance and Freight to named port.	[20:02]
thestringpuller	yes so it's on the seller	[20:03]
thestringpuller	as well	[20:03]
mircea_popescu	yes.	[20:03]
mircea_popescu	but incidentally, what exact cocoa is this ? bean ? processed ? powder ? what specs ?	[20:03]
thestringpuller	bean, less legality issues in most countries	[20:03]
mircea_popescu	aha.	[20:04]
thestringpuller	i can get beans straight from the farms, as long as I have contracts to sell them against, ergo the clearing house	[20:04]
EskimoBob	cocoa beans taste... umm... interesting	[20:04]
assbot	[MPEX] [S.MPOE] 8001 @ 0.000625 = 5.0006 BTC [-]	[20:05]
thestringpuller	yes you drink their nectar everyday	[20:05]
assbot	[MPEX] [S.MPOE] 9650 @ 0.00062473 = 6.0286 BTC [-]	[20:05]
assbot	[MPEX] [S.MPOE] 1499 @ 0.00062432 = 0.9359 BTC [-]	[20:05]
thestringpuller	unless you don't drink coffee	[20:05]
EskimoBob	do I ?	[20:05]
EskimoBob	I do not drink coffee every day	[20:05]
pigeons	i drink it all day every day	[20:05]
EskimoBob	why?	[20:06]
mircea_popescu	thestringpuller well this is certainly interesting. what fee would you need for delivery and what min/max volumes ?	[20:06]
EskimoBob	for me, coffee is like a dessert	[20:07]
thestringpuller	ideally mircea_popescu my vision was that of buyer X has some Y number of contracts on cocoa, I would need to know his "end game" as where he wants the cocoa to end up, is it part of a portfolio or would he be "sub-distributing" to say coffee shops or a bean roaster	[20:07]
thestringpuller	if he just wants to pick up said asset, and store it in his house from port or whatever delivery terminal that can be arranged, but given we're dealing with the internet (this person could be any place on earth), then there has to be some kind of shipping network	[20:09]
thestringpuller	mainly all I need is a good delivery egineer, the fee would depend on volume	[20:09]
mircea_popescu	well this normally works the following way :	[20:10]
thestringpuller	well ISYS/logistics engineer like those guys who yell at the warehouse packers to make sure UPS is "moving at the speed of business"	[20:10]
mircea_popescu	1. upon settlement date all held contracts are to be delivered, mpex prepares list of fingerprints and amounts, signs the list and sends it to you.	[20:10]
mircea_popescu	2. people on the list send you signed messages stating disposition of their cocoa	[20:10]
mircea_popescu	3. you execute within a fixed timeframe, possibly for a fee.	[20:10]
thestringpuller	2 is the most important part	[20:11]
mircea_popescu	yeah.	[20:11]
mircea_popescu	well, if beneficiary fails to state you don't deliver.	[20:11]
thestringpuller	if XYZ live in Asia, Australia and Europe respectively	[20:12]
EskimoBob	this is good stuff: http://bitbrew.net/peruvian-pick-me-up/	[20:12]
thestringpuller	There could be a logistics nightmere	[20:12]
mircea_popescu	why ?	[20:12]
thestringpuller	if all contracts are coming from a geographic convergence point (close to the same area) rather than a divergent one, the cost is significantly lower	[20:13]
thestringpuller	especially with the general volume we are discussing	[20:13]
mircea_popescu	we're not discussing any volume yet, haven't gotten to that	[20:13]
thestringpuller	for instance if this were barrels of oil and not crates of cocoa	[20:13]
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thestringpuller	i have a question about 1: upon the settlement date, the clearing house would immediately purchase said physical assets immediately (whatever total volume dependent on the list from 1 and 2), from money on hand, however would mpex reimburse them (in btc that is)	[20:15]
mircea_popescu	nono, you as the settler get the contracts.	[20:16]
mircea_popescu	you sell them for as much as you want	[20:16]
mircea_popescu	when the time comes, everything outstanding you deliver.	[20:16]
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thestringpuller	i thought the settler and buyer were usually the same or am I confused?	[20:17]
mircea_popescu	i think we take this to pm	[20:17]
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assbot	[MPEX] [S.DICE] 3000 @ 0.00336465 = 10.094 BTC [+]	[20:20]
rbenzaquen	mircea_popescu: Hi , Is there any place that help me to understand how can I start working with mpex.co?	[20:23]
mircea_popescu	rbenzaquen this place works. what's the problem ?	[20:23]
rbenzaquen	mircea_popescu: Thanks, I have installed gpg in my linux box, do I need to generate a pub key?	[20:24]
mircea_popescu	yes, you generate a public/private keypair. one second	[20:24]
mircea_popescu	http://www.madboa.com/geek/gpg-quickstart/ see that.	[20:24]
rbenzaquen	mircea_popescu: great, I'll do that now. something I don't understand, how you co-relate your gpg public key with BTC public key?	[20:25]
mircea_popescu	what do you mean by "BTC public key" ?	[20:26]
rbenzaquen	mircea_popescu: If I want to make an order, how do I pay it?	[20:26]
mircea_popescu	there's a special DEPOSIT order which tells you a sum	[20:27]
mircea_popescu	you send that sum to exchange address	[20:27]
mircea_popescu	say you want to deposit 100 btc. it says "deposit 100.48973984 BTC"	[20:27]
mircea_popescu	you do and that's it.	[20:27]
rbenzaquen	ok, So , I'll start creating my gpg pub key. and start playing, thanks very much for your help!!	[20:28]
rbenzaquen	I'll look fwd to learn and start operating.	[20:28]
mircea_popescu	no problem	[20:28]
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assbot	[MPEX] [S.MPOE] 1751 @ 0.00062432 = 1.0932 BTC [-]	[20:53]
assbot	[MPEX] [S.MPOE] 5512 @ 0.00062381 = 3.4384 BTC [-]	[20:53]
assbot	[MPEX] [S.MPOE] 10537 @ 0.00062344 = 6.5692 BTC [-]	[20:53]
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assbot	[MPEX] [S.MPOE] 6863 @ 0.00062344 = 4.2787 BTC [-]	[21:21]
assbot	[MPEX] [S.MPOE] 12837 @ 0.00062254 = 7.9915 BTC [-]	[21:21]
*	Namjies (~BTC-Minin@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets	[21:23]
rbenzaquen	mircea_popescu: can I ask you one more question?	[21:25]
mircea_popescu	surely.	[21:26]
rbenzaquen	./mpex.py STAT	[21:27]
rbenzaquen	Enter your GPG passphrase:	[21:27]
rbenzaquen	!!!WARNING!!!	[21:27]
rbenzaquen	Invalid Signature, do not trust this data.	[21:27]
rbenzaquen	Couldn't decode the reply from MPEx, perhaps you didn't sign the key? try running	[21:27]
rbenzaquen	gpg --sign-key F1B69921	[21:27]
mircea_popescu	aha	[21:27]
rbenzaquen	I already signed the key.	[21:28]
rbenzaquen	I did not send 30BTC, I don't know to where.	[21:28]
assbot	[MPEX] [S.MPOE] 7596 @ 0.00062254 = 4.7288 BTC [-]	[21:28]
EskimoBob	so, who is going to do the PT for ART? :)	[21:29]
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mircea_popescu	rbenzaquen well if you signed the key it should be ok.	[21:29]
mircea_popescu	and you go DEPOSIT\|50 for instance	[21:29]
mircea_popescu	and it tells you where to send and how much.	[21:29]
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EskimoBob	rbenzaquen: there are "brokers" who can execute your trades for you, so you do not have to cough up the excessive account sign up fees :)	[21:32]
rbenzaquen	I don't care about the fees.	[21:33]
assbot	[MPEX] [S.MPOE] 3200 @ 0.00063069 = 2.0182 BTC [+]	[21:33]
Namjies	mircea_popescu: fancy. I say the change.	[21:34]
mircea_popescu	hehe cool	[21:35]
assbot	[MPEX] [S.DICE] 750 @ 0.00336465 = 2.5235 BTC [+]	[21:36]
assbot	[MPEX] [S.DICE] 1450 @ 0.0034 = 4.93 BTC [+]	[21:36]
Namjies	saw*	[21:38]
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smickles	;;ticker	[21:57]
gribble	BTCUSD ticker \| Best bid: 13.55000, Best ask: 13.59990, Bid-ask spread: 0.04990, Last trade: 13.55001, 24 hour volume: 22995.40107950, 24 hour low: 13.05001, 24 hour high: 13.62989, 24 hour vwap: 13.48703	[21:57]
smickles	thestringpuller: do I know any basic linear algerbra? I should think so	[21:58]
assbot	[MPEX] [S.MPOE] 12600 @ 0.00062343 = 7.8552 BTC [-]	[22:00]
smickles	so a clearing house... it basically holds stuff and keeps a record of who owns it and makes it easy to transfer ownership of the things?	[22:00]
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assbot	[MPEX] [S.MPOE] 13925 @ 0.00062343 = 8.6813 BTC [-]	[22:12]
assbot	[MPEX] [S.MPOE] 6896 @ 0.00062254 = 4.293 BTC [-]	[22:12]
assbot	[MPEX] [S.MPOE] 2750 @ 0.00062182 = 1.71 BTC [-]	[22:12]
assbot	[MPEX] [S.MPOE] 5279 @ 0.00061952 = 3.2704 BTC [-]	[22:12]
assbot	[MPEX] [S.MPOE] 50 @ 0.00061934 = 0.031 BTC [-]	[22:12]
assbot	[MPEX] [S.MPOE] 6450 @ 0.00061934 = 3.9947 BTC [-]	[22:13]
assbot	[MPEX] [S.MPOE] 5450 @ 0.00061907 = 3.3739 BTC [-]	[22:13]
smickles	so the icbit situation speaks directly to the need for a btc clearinghouse	[22:18]
smickles	this summs it up: https://bitcointalk.org/index.php?topic=50817.msg1402129#msg1402129	[22:19]
kakobrekla	lol	[22:20]
mircea_popescu	"o no, we are not bucket shop mpoe-pr speaks lies!1!11!"	[22:20]
mircea_popescu	two weeks later...	[22:20]
smickles	< smickles> so a clearing house... it basically holds stuff and keeps a record of who owns it and makes it easy to transfer ownership of the things? <<< i'll add requiring collateral to this	[22:21]
kakobrekla	they should close the shop	[22:22]
mircea_popescu	they should pay out THEN close the shop.	[22:22]
kakobrekla	yeah ofc.	[22:22]
mircea_popescu	"mysterious manipulator" my foot.	[22:22]
smickles	it's certainly plauseable that they were trying to pop the longs	[22:23]
mircea_popescu	Nov 17 19:58:23 <_Fireball> so, would you be a man and write an apology?	[22:24]
mircea_popescu	one of the reasons i love irc is the logs.	[22:24]
mircea_popescu	Nov 17 19:57:25 <_Fireball> honestly, by reading your blog post, I see that you have little idea how futures exchanges work	[22:25]
mircea_popescu	etc.	[22:25]
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assbot	[MPEX] [S.MPOE] 3800 @ 0.00061907 = 2.3525 BTC [-]	[22:27]
kakobrekla	perhaps this wors out cheaper than your gals mircea_popescu https://bitcointalk.org/index.php?topic=130989.0	[22:32]
kakobrekla	you could see lots of youtube	[22:32]
kakobrekla	er read.	[22:32]
mircea_popescu	lol	[22:32]
mircea_popescu	TRANSCRIBE ALL THE YOUTUBES!!1	[22:32]
kakobrekla	ya	[22:32]
kakobrekla	everything that is posted here at least	[22:32]
mircea_popescu	actually...	[22:33]
mircea_popescu	wait. waitwait.	[22:36]
mircea_popescu	clipse guy's name was actually ROELOFSE ?!	[22:37]
kakobrekla	whats that a crashed ROFLCOPTER?	[22:37]
mod6	lmaoplane	[22:38]
smickles	https://bitcointalk.org/index.php?topic=125376.msg1402168#msg1402168 mircea_popescu <<	[22:39]
mircea_popescu	lol	[22:40]
assbot	[MPEX] [S.MPOE] 15100 @ 0.00061907 = 9.348 BTC [-]	[22:41]
assbot	[MPEX] [S.MPOE] 10600 @ 0.00061876 = 6.5589 BTC [-]	[22:41]
assbot	[MPEX] [S.MPOE] 700 @ 0.00061876 = 0.4331 BTC [-]	[22:44]
assbot	[MPEX] [S.MPOE] 10600 @ 0.00061823 = 6.5532 BTC [-]	[22:44]
mircea_popescu	sooo, rg just announced in a private channel that bvps is undergoing a merger/sale/something.	[22:47]
mircea_popescu	announcements imminent he says.	[22:47]
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Namjies	me, arij and phungus will probably take over BitVPS. He just disclosed the 3 of us in OTC.	[22:48]
mircea_popescu	aha cool.	[22:49]
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Namjies	How the remaining shares will be shared and how BitVPS will be managed is not known for now.	[22:49]
kakobrekla	thats a twist.	[22:49]
Namjies	We're sorting this out.	[22:49]
mircea_popescu	Namjies so you plan on delisting it ? or do a sort of m/a thing ?	[22:51]
Namjies	It would remain as is for MPEx.	[22:51]
rg	one of my sale stipulations	[22:51]
Namjies	Profits split on 1 million shares.	[22:51]
rg	is that everything stays the way it was	[22:51]
rg	just better	[22:52]
rg	:P	[22:52]
mircea_popescu	aha. and you continue ops at current facilities ?	[22:52]
rg	well	[22:52]
rg	i wont be doing shit	[22:52]
mircea_popescu	not you, them lol	[22:52]
rg	except for the fact that i work for one of the companies that hosts a bitvps server	[22:52]
rg	i will be in the shadows	[22:53]
rg	offering them hardware for cheap	[22:53]
mircea_popescu	be in the shadows, fucking their routing :D	[22:53]
rg	hehe	[22:53]
rg	well	[22:53]
rg	its quite funny how i got this job	[22:53]
rg	i used to get into it wit hthier support all the time	[22:53]
rg	for being morons	[22:53]
rg	one day, boss contacts me	[22:53]
rg	'hey. you're smart. will you work for us?'	[22:53]
mircea_popescu	"all my morons quit on me. wanna become one ? "	[22:53]
rg	rg: 'sure'	[22:53]
rg	mircea: i started as a level 1 tech	[22:54]
mircea_popescu	ew	[22:54]
rg	i am now support manager and a lead on the operations team	[22:54]
mircea_popescu	hey.	[22:54]
Namjies	After how much time?	[22:54]
rg	i accomplished this in less than 2 months.	[22:54]
Namjies	=P	[22:54]
rg	and i love my new company	[22:54]
kakobrekla	in 2 months fire the boss	[22:54]
mircea_popescu	step 1. become support manager + lead ops. step 2. ???. step 3. linode hacked.	[22:54]
rg	and they love/need me	[22:54]
Namjies	Oh, that's what happened...	[22:55]
mod6	haha	[22:55]
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EskimoBob	what? BitVPS is going under?	[22:59]
Diablo-D3	ha ha	[23:00]
Diablo-D3	fucking rg scammed everyone	[23:00]
mod6	no one got scammed. cool your jets.	[23:01]
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Diablo-D3	too late	[23:03]
Diablo-D3	rg scammed	[23:03]
Diablo-D3	cant put that geanie back in the bottle	[23:03]
*	Diablo-D3 swaps that g out with a j	[23:03]
rg	lol	[23:03]
mod6	?!?	[23:03]
rg	shutup diablo	[23:03]
rg	youre just mad cause i replaced your boyfriend at rapidxen	[23:04]
Diablo-D3	YES RG, I AM TOTALLY HAVING LOTS OF SEX WITH NENOLOD _ALL THE TIME_	[23:04]
Diablo-D3	SERIOUSLY, WE'RE HALF WAY THROUGH THAT 55 GALLON DRUM OF LUBE WE GOT OFF AMAZON	[23:05]
*	mod6 checks mpex for lube futures	[23:05]
assbot	[MPEX] [S.MPOE] 1232 @ 0.00063069 = 0.777 BTC [+]	[23:05]
*	rg goes through diablo's old VPS	[23:06]
Diablo-D3	ha ha jokes on you, steve would have to pay millions if you did that	[23:06]
Diablo-D3	and by millions, I mean he'd just beat you with a pipe until you stop moving	[23:06]
rg	yeh steve is crazy about legal stuff	[23:06]
rg	i dont blame him	[23:06]
rg	if anyone mentions legalities in a ticket	[23:07]
rg	i have to immediately hand it over to him	[23:07]
Diablo-D3	well, I think nenolod scared him	[23:07]
rg	one guy threatend to sue us cause i didnt answer his ticket within an hour	[23:07]
rg	i basically told him to go fuck himself	[23:07]
rg	only to find out later that it was a HUGE mistake	[23:07]
rg	and i shouldve jst handed over the ticket	[23:07]
Diablo-D3	yeah dude, when someone says sue you have to say go fuck yourself on legal letterhead	[23:07]
rg	even if theres no real case,i still have to hand it over	[23:07]
rg	basically	[23:08]
rg	youre 100% right	[23:08]
Diablo-D3	preferably, one of those law firms that have like four names	[23:08]
rg	i wouldnt wanna fuck with enzu's lawyers	[23:08]
Diablo-D3	(the more names on the firm, the more they bill you for. true story.)	[23:08]
rg	theyre jews	[23:08]
rg	and i can tell you their retainer fee is ridic	[23:08]
*	DeaDTerra (~DeaDTerra@nl6x.mullvad.net) has joined #bitcoin-assets	[23:08]
Diablo-D3	rg: well yeah	[23:08]
Diablo-D3	its a standard corp lawyer firm	[23:08]
*	DeaDTerra is now known as Guest30686	[23:09]
*	Guest30686 is now known as DeaDTerra1	[23:09]
Diablo-D3	if steve told me he writes a million dollar check to them every year I wouldnt even bat an eye	[23:09]
EskimoBob	so, if you guys are done circle jerking over a 4 name law firm, tell wtf is going on with BitVPS?	[23:10]
Diablo-D3	oh, rg is just scamming his shareholders	[23:10]
EskimoBob	OK, nothing new here... I guess	[23:11]
Diablo-D3	see, it works like this	[23:11]
EskimoBob	fuck, the sale of those damn PT's took too fkn long (getting the list etc).	[23:11]
Diablo-D3	< does company have shares? > -> yes -> < does company accept bitcoin? > -> yes -> ( SCAM! )	[23:11]
assbot	[MPEX] [S.MPOE] 11018 @ 0.00063069 = 6.9489 BTC [+]	[23:13]
assbot	[MPEX] [S.MPOE] 2682 @ 0.00063596 = 1.7056 BTC [+]	[23:13]
EskimoBob	I asked about few weeks ago, is BitVPS going under and some cunt here was assuring me, that everything is fine blaa blaa blaa	[23:13]
*	PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets	[23:14]
*	PsychoticBoy has quit (Changing host)	[23:14]
*	PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets	[23:14]
rg	EskimoBob: well	[23:14]
rg	its not going under	[23:14]
rg	hence the new owners	[23:14]
rg	if i continued to half ass it, yes, it would go under	[23:14]
rg	but im stopping that before it happens	[23:14]
EskimoBob	will they honour the old shares/contracts?	[23:14]
Diablo-D3	oh fuck	[23:14]
Diablo-D3	NEW MANAGEMENT	[23:14]
rg	EskimoBob: yes	[23:14]
rg	thats one of my contract stipulations	[23:14]
Diablo-D3	RUN FOR THE HIIIIIiiiiIIiiIIIiiIIiiIILLLLS	[23:14]
Diablo-D3	RUN FOR YOUR LIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIFE	[23:15]
EskimoBob	Diablo-D3: cool it for second	[23:15]
rg	The following stipulations will be imposed on this deal:	[23:15]
rg	1. Customers will not be moved	[23:15]
rg	2. Nothing will change for customers except better service.	[23:15]
rg	3. arij/someone buys the automated VPS software (something like $50/mo)	[23:15]
EskimoBob	grownups are talking	[23:15]
Diablo-D3	my singing isnt that bad :<	[23:15]
EskimoBob	if I can selle my few PT shares back, I am happy. After that, you guys can do what ever you want :)	[23:16]
rg	you can do whatever you want	[23:16]
rg	the only thing thats changing is now bitvps will have a proper staff	[23:16]
Diablo-D3	rg: whos the new management?	[23:16]
EskimoBob	sounds like good news... so lets see	[23:17]
rg	Diablo-D3: i have selected Namjies (BTC-Mining), arij and phungus	[23:17]
Diablo-D3	brb	[23:17]
Diablo-D3	rg: ahh	[23:17]
rg	phungus has 18 years of linux admin under his belt	[23:17]
Diablo-D3	that might not be so bad	[23:17]
rg	and BTC-Mining is well.. the man	[23:17]
rg	and arij is a good guy	[23:17]
rg	trust worthy	[23:17]
rg	i really dont think it will be bad	[23:17]
Diablo-D3	namjies is trustworthy	[23:17]
rg	theyre all trustworthy	[23:17]
rg	i wouldnt let them in if they werent	[23:18]
Diablo-D3	but if he doesnt pay on those btc-mining shares, Im going to beat his ass like a drum	[23:18]
rg	the best part about it is	[23:18]
rg	this is my A list	[23:18]
rg	this is who i wanted to do bitvps	[23:18]
Diablo-D3	if thats your A list, eh	[23:18]
Diablo-D3	you need a better A list	[23:18]
Diablo-D3	thats more like a B list	[23:18]
rg	cause an 18 year experienced linux admin is bad...	[23:18]
rg	puh leaze	[23:18]
rg	BTC-Mining is smart with numbers and a good programmer	[23:18]
dub	I've used linux wince 2001 so I know my stuff	[23:18]
Diablo-D3	well, he'd have to have been using linux 6 years longer than me	[23:18]
Diablo-D3	which might be impossible	[23:19]
dub	how dod I shot web	[23:19]
Diablo-D3	he'd have to have been using linux when it was 3 years old	[23:19]
assbot	[MPEX] [S.MPOE] 5206 @ 0.00063596 = 3.3108 BTC [+]	[23:20]
assbot	[MPEX] [S.MPOE] 4321 @ 0.00063773 = 2.7556 BTC [+]	[23:20]
assbot	[MPEX] [S.MPOE] 475 @ 0.00063789 = 0.303 BTC [+]	[23:20]
assbot	[MPEX] [S.MPOE] 20300 @ 0.00063797 = 12.9508 BTC [+]	[23:20]
assbot	[MPEX] [S.MPOE] 2898 @ 0.00063831 = 1.8498 BTC [+]	[23:20]
Diablo-D3	hell, I think thats even pre 2.0	[23:21]
Diablo-D3	post debian though	[23:21]
smickles	lol, mircea_popescu. fireball just called out your order : https://bitcointalk.org/index.php?topic=50817.msg1402245#msg1402245	[23:23]
EskimoBob	I moved permanently to Linux on 2002	[23:25]
smickles	oh, 1 order of magnitude off, i guess	[23:25]
dub	EskimoBob knows his stuff	[23:26]
rg	the first linux i used...	[23:26]
rg	was RedHat 4.2	[23:26]
rg	with 2.0.x	[23:26]
rg	vanderbilt	[23:26]
rg	ehe	[23:26]
dub	rg knows his stuff	[23:26]
rg	redhat 4.2 was the last good redhat release	[23:27]
*	matthewh3 (~matt@host86-186-28-159.range86-186.btcentralplus.com) has joined #bitcoin-assets	[23:28]
EskimoBob	RH was my first too. :)	[23:31]
Diablo-D3	I moved to linux shortly before potato became stable so....	[23:31]
Diablo-D3	that was 2000	[23:31]
Diablo-D3	and by move to, I mean fulltime	[23:31]
*	Garr255 has quit (Ping timeout: 256 seconds)	[23:31]
Diablo-D3	I dual booted for 2-3 years before that	[23:32]
EskimoBob	yeah, potato. is still call debian "potato"	[23:33]
Diablo-D3	?	[23:33]
Diablo-D3	I know stable is glacial, but jeez	[23:33]
Diablo-D3	buzz, rex, bo, hamm, slink, woody, sarge, etch, lenny, and squeeze	[23:34]
Diablo-D3	with wheezy testing, and jessie is the next testing after that	[23:35]
Diablo-D3	pretty sure I havent left anyone out	[23:35]
*	LiquidBits (~LiquidBit@108-225-148-246.lightspeed.miamfl.sbcglobal.net) has joined #bitcoin-assets	[23:35]
*	Garr255 (~Garrett@98.145.73.34) has joined #bitcoin-assets	[23:36]
*	Garr255 has quit (Changing host)	[23:36]
*	Garr255 (~Garrett@unaffiliated/garr255) has joined #bitcoin-assets	[23:36]
rg	ehe	[23:38]
rg	not only was RH my first linux	[23:38]
rg	i got it in a magazine	[23:38]
rg	remember when magazines/books used to come with CDs	[23:38]
rg	good times	[23:38]
*	davout (~davout@ip-126.net-89-3-123.rev.numericable.fr) has joined #bitcoin-assets	[23:40]
*	davout has quit (Changing host)	[23:40]
*	davout (~davout@unaffiliated/davout) has joined #bitcoin-assets	[23:40]
EskimoBob	and papers had adds: super fast new CPU 333Mh !	[23:44]
Namjies	I'm not that knowledgeable. I'm not a programmer either.	[23:46]
mircea_popescu	cant put that geanie back in the bottle <<< diablo scammed spelling.	[23:48]
smickles	my first linux was given to my by a friend in the halls of highschool on a floppy	[23:48]
smickles	iirc, it was DSL	[23:50]
assbot	[MPEX] [S.MPOE] 6672 @ 0.00062774 = 4.1883 BTC [-]	[23:54]
assbot	[MPEX] [S.MPOE] 4276 @ 0.00062507 = 2.6728 BTC [-]	[23:56]
thestringpuller	smickles:	[23:56]
thestringpuller	do you have a moment to talk	[23:56]
thestringpuller	mircea_popescu and I had a good talk :)	[23:56]
mircea_popescu	sure	[23:56]
thestringpuller	we came up with a question for you though mircea_popescu	[23:57]
thestringpuller	if we are to completely avoid regulation, i.e. paying 0 taxes to the man to support the welfare kids, wouldn't we have to ship from say a private island? or like the middle of the ocean?	[23:58]

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