Forum logs for 15 Feb 2013
Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu | i'll tell you something definite, i'm getting about one person a day hitting me up about advice as to how to go into bitcoin business | [00:00] |
mircea_popescu | most people who aren't involved in btc | [00:00] |
mircea_popescu | so the word is surely spreading | [00:00] |
* | TomServo has quit (Quit: WeeChat 0.4.0) | [00:00] |
Lyspooner | how *do* you go into bitcoin business? | [00:00] |
mircea_popescu | same as anything else, you let it ferment... | [00:01] |
assbot | [MPEX] [S.MPOE] 804 @ 0.00063744 = 0.5125 BTC [-] | [00:01] |
Lyspooner | that's wine | [00:01] |
assbot | [MPEX] [S.MPOE] 8100 @ 0.00063717 = 5.1611 BTC [-] | [00:01] |
mircea_popescu | a sorry. | [00:01] |
assbot | [MPEX] [S.MPOE] 1004 @ 0.00063701 = 0.6396 BTC [-] | [00:01] |
assbot | [MPEX] [S.MPOE] 692 @ 0.000637 = 0.4408 BTC [-] | [00:01] |
mircea_popescu | you come up with an idea, you assemble a team, you start implementing it... | [00:01] |
mjr_ | yeah, unfortunately you still have to have an idea | [00:04] |
mjr_ | step 1: bitcoins | [00:04] |
mjr_ | step 2: ??? | [00:04] |
mjr_ | step 3: profit | [00:04] |
mjr_ | i feel like that is on at least a hundred VC's whiteboards right now | [00:05] |
iz | step 2: evade local tax/gambling/trading laws somehow.. | [00:06] |
jurov | um, where do i assemble a team everyone is like, has to sustain wife and kids, paying mortgage and scared shitless | [00:06] |
jurov | of what i;m saying about mpex | [00:07] |
jurov | almost as if there was exactly one crazy fool like me on this rock | [00:07] |
Namworld | You're alone, jurov. All alone. The rest is but an illusion. | [00:08] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063719 = 2.7533 BTC [+] | [00:08] |
assbot | [MPEX] [S.MPOE] 12472 @ 0.000637 = 7.9447 BTC [-] | [00:08] |
jurov | go away you bot | [00:08] |
assbot | you go. | [00:08] |
Namworld | So is everyone on the we're gonna be rich bandwagon or do people expect a bubble to pop at any moment by now? | [00:11] |
kakobrekla | if there will be widespread adoption price has to go up | [00:12] |
kakobrekla | that is a fact | [00:12] |
kakobrekla | now go play around it | [00:12] |
Lyspooner | namworld it's not about the price relative to fiat | [00:12] |
Lyspooner | it's about replacing fiat | [00:12] |
Lyspooner | bitcoin rich is all that matters | [00:12] |
mjr_ | well | [00:13] |
mjr_ | i agree that is the ultimate goal | [00:13] |
Lyspooner | k cool then | [00:13] |
mjr_ | however, there will be quite a bit of time before we can pay rent in btc | [00:13] |
mjr_ | or our bosses will pay us in btc | [00:13] |
Namworld | So everyone finds the current price rise normal? | [00:13] |
mjr_ | lol what is normal | [00:13] |
mjr_ | its insane | [00:13] |
mjr_ | but i think the adoption and publicity has exploded as fst | [00:13] |
* | Anduck (~Anduck@unaffiliated/anduck) has joined #bitcoin-assets | [00:14] |
mjr_ | my friend who owns a coffee shop in soho tentatively agreed to accept bitcoins | [00:14] |
mjr_ | pending implementation details etc | [00:14] |
Namworld | by adoption, you mean people buying in on the hype or actual people buying because they need to spend bitcoins on a service/actually use bitcoins? | [00:14] |
mjr_ | both | [00:14] |
kakobrekla | mjr_ go read http://polimedia.us/trilema/2013/bitcoin-prices-bitcoin-inflexibility/ | [00:14] |
mjr_ | cool article | [00:17] |
mjr_ | but i don't think it will be that quick | [00:18] |
mjr_ | again, you can't buy a new car, pay loans etc with btc | [00:18] |
mjr_ | so there will always be room for exchange | [00:18] |
mircea_popescu | seems jurov is one step ahead of the curve | [00:18] |
mjr_ | fuck, you can't even get by in the world using only the dollar | [00:18] |
mjr_ | apple has to pay foxconn using yuan | [00:18] |
mircea_popescu | Lyspooner thing is even 1k btc makes you bitcoin rich | [00:19] |
mjr_ | exchange will always happen, price will rise | [00:19] |
mjr_ | but eventually stabilize at whatever the market decides | [00:19] |
mjr_ | if anyone, anyone at all, can tell me they do not use fiat at all for any reason, then i will be surprised | [00:19] |
Lyspooner | mircea_popescu yes, i agree. people should strive to get 1000 BTC if they don't have it already | [00:19] |
mircea_popescu | indeed. | [00:20] |
mircea_popescu | there's no going to be more than like 20k of those | [00:20] |
mircea_popescu | which if you think about it... being in the top 20k ppl is pretty much being very rich | [00:20] |
mjr_ | very true | [00:21] |
mjr_ | but take my friends coffee shop | [00:21] |
mircea_popescu | mjr_ are you familiar with that theory of investing whereby early on in your investing life you should never sell assets, to avoid the spreads, but simply buy something else and change portofolio that way ? | [00:21] |
mjr_ | he can peg the cost in btc to the dollar | [00:21] |
mjr_ | seems familiar | [00:21] |
mircea_popescu | okay. | [00:22] |
Lyspooner | that's good advice since you set the spreads ;) | [00:22] |
mjr_ | but you can market make | [00:22] |
mircea_popescu | from my pov i am simply conserving btc portofolio and using my fiat assets to discharge all obligations | [00:22] |
mjr_ | yeah | [00:22] |
mircea_popescu | on the net this reduces my fiat footprint over time. | [00:22] |
mjr_ | very true and that is the way to go, if you have a lot of btc | [00:22] |
mircea_popescu | so in a sense, albeit very synthetically, i am paying for everyting in bitcoin | [00:22] |
mjr_ | many (most) don't have as many as you | [00:22] |
mjr_ | and eventually...paper money needs to be spent or it is really worthless | [00:23] |
mircea_popescu | right. | [00:23] |
mjr_ | so either you buy a coffee using your bitcoins | [00:23] |
mjr_ | releasing them into the supply | [00:23] |
mircea_popescu | gersham's law still hasn't been repealed. | [00:23] |
mjr_ | or you exchange and then buy the coffee releasing them into the supply | [00:23] |
Lyspooner | *gresham | [00:23] |
mjr_ | assuming you drink coffee | [00:23] |
mircea_popescu | ty lypsooner! | [00:23] |
mjr_ | my point being, if you run out of cash, you still must spend somewhat | [00:24] |
mjr_ | and you will spend btc | [00:24] |
mjr_ | if everyone could hoard all their assets forever, everyone might do that, but life costs money | [00:24] |
assbot | [MPEX] [S.MPOE] 1197 @ 0.00064311 = 0.7698 BTC [+] | [00:25] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064541 = 2.7888 BTC [+] | [00:25] |
assbot | [MPEX] [S.MPOE] 7300 @ 0.00064542 = 4.7116 BTC [+] | [00:25] |
assbot | [MPEX] [S.MPOE] 7482 @ 0.00065194 = 4.8778 BTC [+] | [00:25] |
mjr_ | so, i think the two are mutually dependant | [00:25] |
mircea_popescu | i think by 2100 or so i'll be out of fiat assets | [00:25] |
mjr_ | if no one can buy or sell with bitcoins, their value drops | [00:25] |
mjr_ | LOL | [00:25] |
mircea_popescu | by then i guess spending btc may well be safe | [00:25] |
mjr_ | my point is that the transition can be done whereby you generate revenue in btc and spend btc | [00:26] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.04105003 = 41.05 BTC [-] | [00:26] |
mircea_popescu | [00:26] | |
mircea_popescu | all through the history, when silver was overpriced by fiat, gold was hoarded | [00:26] |
mjr_ | ok...if there is absolutely no trade in bitcoins | [00:26] |
mircea_popescu | in all those instances people had the option to pay in gold | [00:26] |
mircea_popescu | they never exercised it | [00:26] |
mjr_ | ie. i cannot spend my bitcoins or gain something from them | [00:26] |
mircea_popescu | that DID NOT drop the price of gold | [00:26] |
mjr_ | yes, but gold had a *little* more history | [00:27] |
mircea_popescu | so ? | [00:27] |
mjr_ | and was not trying to prove itself | [00:27] |
mircea_popescu | this is like saying you like this chick because she has more history. | [00:27] |
mircea_popescu | i never heard that 1. | [00:27] |
mjr_ | so with no adoption, everyone just goes back to using fiat | [00:27] |
mjr_ | i can't buy from you using btc, i can't sell to you for btc | [00:27] |
mjr_ | ok, to me btc doesn't exist | [00:27] |
mjr_ | you have paper profits | [00:28] |
mircea_popescu | you could, you just don't want to. | [00:28] |
jurov | lol, gonna fund some research to be able to stay here till 2100 | [00:28] |
mjr_ | ok, so my point is you *could* | [00:28] |
mjr_ | if you don't, you cease trade | [00:28] |
mjr_ | if you do, you release bitcoins back into the economy | [00:28] |
mjr_ | ie. if japan hoarded yen, we couldn't buy there shit | [00:28] |
mjr_ | their* | [00:28] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065186 = 2.8167 BTC [-] | [00:29] |
mjr_ | so the yen falls in value since everyone stops caring | [00:29] |
assbot | [MPEX] [S.MPOE] 1279 @ 0.00065194 = 0.8338 BTC [+] | [00:29] |
mjr_ | and writes them off as part of the economy | [00:29] |
mircea_popescu | that's not how things work. | [00:29] |
mjr_ | when liquidity is very low, pricing assets becomes very hard | [00:29] |
mjr_ | with 0 liquidity, it becomes impossible | [00:29] |
mircea_popescu | did you read the above about gold ? | [00:29] |
mjr_ | ie. what price is someone willing to pay, i don't know because i am not willing to sell *at any price* | [00:30] |
assbot | [HAVELOCK] [SDICE] 10 @ 0.74449999 = 7.445 BTC [+] | [00:30] |
mircea_popescu | it wasn't at all impossible to price anything, even tho gold liquidity was 0 | [00:30] |
mircea_popescu | because silver liquidity acted as a proxy | [00:30] |
mjr_ | it was never 0 | [00:30] |
mjr_ | ah ok | [00:30] |
mjr_ | true | [00:30] |
mircea_popescu | this is how this works | [00:30] |
mjr_ | and there are other crypto currencies | [00:30] |
mircea_popescu | even if not a single bitcoin is used to DIRECTLY buy services | [00:30] |
mircea_popescu | fiat proxyes it | [00:30] |
mjr_ | in fact, litecoin was meant to be the silver | [00:30] |
mjr_ | that is possible too, but only if people want to | [00:30] |
mjr_ | you could use fiat to proxy it | [00:30] |
mjr_ | my point is simply this | [00:31] |
mjr_ | if every seller refused to part with their bitcoins at any price | [00:31] |
mjr_ | people would move on | [00:31] |
mircea_popescu | something like, if women refused to suck cock no matter what | [00:31] |
mjr_ | at this point right now i mean | [00:31] |
mircea_popescu | people'd stop having sex. | [00:31] |
mircea_popescu | that ? | [00:31] |
assbot | [MPEX] [S.MPOE] 14750 @ 0.00065194 = 9.6161 BTC [+] | [00:32] |
mjr_ | if every woman refused to have sex, yes there would be no more sex barring rape | [00:32] |
mircea_popescu | aha. | [00:32] |
mircea_popescu | so then, there's your answer. | [00:32] |
mircea_popescu | if holders refused to part with their btc at any price | [00:32] |
mjr_ | ah, you are saying people will forcibly take your bitcoins? | [00:32] |
mircea_popescu | then likely most fiat would go into stealing bitcoins. | [00:32] |
mjr_ | that is my point | [00:32] |
mjr_ | my point is that if i said i refuse to part with my dollars for anything in return | [00:33] |
mjr_ | what use would my dollars be? | [00:33] |
mjr_ | i can't eat | [00:33] |
mircea_popescu | same as always. | [00:33] |
mjr_ | there is no amount of food i would take in compensation for my dollar | [00:33] |
mjr_ | no service | [00:33] |
mircea_popescu | the use of your dollars is not a function of what you do or don't do. | [00:33] |
mircea_popescu | that's why they're dollars. | [00:33] |
mjr_ | my point is that money that can't/won't be spent is worthless | [00:34] |
mircea_popescu | ya, i get that, but it happens to be wrong. | [00:34] |
mjr_ | if you say so | [00:34] |
mircea_popescu | people are easily seduced by this "we the people" | [00:34] |
mjr_ | no | [00:34] |
mircea_popescu | it's not the will of the people that enacts the value of currency. | [00:34] |
mjr_ | i'm saying, in order to get something, i spend money | [00:34] |
mjr_ | that is how a market works | [00:35] |
mjr_ | if you refuse to trade, there is no market | [00:35] |
mjr_ | hence you get nothing | [00:35] |
mircea_popescu | nah. | [00:35] |
mircea_popescu | you get courted. | [00:35] |
mjr_ | i said at any price | [00:35] |
mircea_popescu | yeah. | [00:35] |
mircea_popescu | you still get courted. | [00:35] |
mjr_ | so they can offer whatever they want | [00:35] |
* | atweiden (~atweiden@c-50-137-169-45.hsd1.or.comcast.net) has joined #bitcoin-assets | [00:35] |
mjr_ | you would say no | [00:35] |
mircea_popescu | what, you think people don't wolfwhistle the girl who wants to be a nun ? | [00:35] |
mjr_ | and then starve to death | [00:35] |
atweiden | !help | [00:36] |
assbot | List of commands: | [00:36] |
assbot | !ticker |
[00:36] |
mjr_ | what you are saying is..."i can spend no resources and yet get everything i need" | [00:36] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063726 = 2.7536 BTC [-] | [00:36] |
assbot | [MPEX] [S.MPOE] 26979 @ 0.00063701 = 17.1859 BTC [-] | [00:36] |
mjr_ | sounds like a free lunch to me | [00:36] |
mircea_popescu | no, im just sayingthat the value of my resources isn't a function of what i do or not do. | [00:36] |
mjr_ | ok, you are entitled to value them however you want | [00:36] |
mircea_popescu | not me. | [00:37] |
mjr_ | unless that "value" is activated through a market, it doesn't matter | [00:37] |
mircea_popescu | teh invisible abaccus. | [00:37] |
mircea_popescu | a "market" doesn't have to mean what you think it means. | [00:37] |
mircea_popescu | there's a market even if nobody is trading anything. | [00:37] |
mjr_ | i suppose | [00:37] |
mjr_ | my point is, are you saying people will give you something for nothing in return? | [00:37] |
mircea_popescu | prolly not. | [00:38] |
mjr_ | ok | [00:38] |
mircea_popescu | well, me, prolly they will cause im cool and all. but as a general rule no | [00:38] |
mjr_ | so we agree | [00:38] |
assbot | [BTCTC] [B.YABMC] 30 @ 0.02369 = 0.7107 BTC [+] | [00:38] |
mjr_ | hehehe | [00:38] |
mjr_ | good point | [00:38] |
mjr_ | so my point is that you will have to give something up to get something | [00:38] |
mjr_ | doesn't have to be btc | [00:38] |
mjr_ | but it would have to be something | [00:38] |
mircea_popescu | okay | [00:38] |
mjr_ | if all you have is btc and your 24 hours a day | [00:38] |
mjr_ | you can work.... | [00:38] |
mjr_ | that's fine | [00:39] |
mjr_ | but to me defeats the purpose of building up wealth | [00:39] |
mircea_popescu | ok, so you spend some btc then | [00:39] |
mjr_ | so i can work to feed myself | [00:39] |
mjr_ | ok, so now btc is flowing | [00:39] |
mjr_ | very expensive | [00:39] |
mjr_ | but still...satoshi's are now worth $100 | [00:39] |
mjr_ | and the market keeps working | [00:39] |
mjr_ | this is like the story of midas lol | [00:40] |
mircea_popescu | lol | [00:40] |
mjr_ | what if everything you touched turned to gold | [00:40] |
mjr_ | you would die the richest person in the world | [00:40] |
mjr_ | it's funny that few actually remember the moral of that story | [00:40] |
mjr_ | which is that midas was cursed | [00:41] |
mjr_ | and hated life | [00:41] |
mjr_ | because he was alone and couldn't touch anyone, or eat anything, classic greek god punishment | [00:41] |
Lyspooner | cool story | [00:42] |
mjr_ | if i remember correctly, he killed his daughter by touching her | [00:42] |
mircea_popescu | imagine the midas asicminer | [00:42] |
mjr_ | hahaha | [00:42] |
mjr_ | yes | [00:42] |
mircea_popescu | it does 15th/s and uses no power | [00:42] |
mircea_popescu | but... | [00:42] |
mircea_popescu | if you plug it in it turns your computer to worthless gold!!! | [00:42] |
mjr_ | hahahahaa | [00:43] |
mjr_ | could you make a gold computer? | [00:43] |
mircea_popescu | nah | [00:43] |
mjr_ | i think you could...it is conductive... | [00:43] |
mjr_ | nah you are right | [00:43] |
mircea_popescu | semiconductors require semiconductance | [00:43] |
mjr_ | no substrate for the chips | [00:43] |
mjr_ | you could make a mechanical computer i suppose but would be quite slow | [00:43] |
mircea_popescu | in fact computers are an item that can not be made of any single material | [00:44] |
mircea_popescu | need 2 | [00:44] |
Lyspooner | http://i.imgur.com/tbEQR4g.jpg | [00:44] |
mircea_popescu | haha | [00:44] |
mjr_ | good point | [00:44] |
mjr_ | babbage's machine | [00:44] |
assbot | [MPEX] [S.MPOE] 1461 @ 0.00065194 = 0.9525 BTC [+] | [00:44] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065325 = 2.8227 BTC [+] | [00:44] |
assbot | [MPEX] [S.MPOE] 8200 @ 0.00065326 = 5.3567 BTC [+] | [00:44] |
assbot | [MPEX] [S.MPOE] 4693 @ 0.00065356 = 3.0672 BTC [+] | [00:44] |
mod6 | an otter! :D | [00:45] |
mircea_popescu | the bashies continue to deliver! | [00:45] |
mircea_popescu | "I went through the shoutbox archives and it turns out that engineer has been trying to figure out how their boundary scan tester works unsuccessfully for 3 straight days now. You kinda need that thing to figure out if the chips work correctly and if they don't why they don't work correctly." | [00:45] |
mircea_popescu | this apparently culled from bfl shoutbox. | [00:45] |
pigeons | well someone linked this the other day i think http://www.citizen-citizen.com/collections/all/products/gold-pills | [00:45] |
assbot | [MPEX] [S.MPOE] 307 @ 0.00065356 = 0.2006 BTC [+] | [00:45] |
assbot | [MPEX] [S.MPOE] 11293 @ 0.00065357 = 7.3808 BTC [+] | [00:45] |
mircea_popescu | online story mambo #5 | [00:46] |
mircea_popescu | seems legit | [00:46] |
mjr_ | anyway, see you guys later tonight | [00:46] |
mjr_ | i'm off to the bar | [00:46] |
mjr_ | :) | [00:47] |
Namworld | are we still going up? | [00:47] |
Namworld | This is not going to end well... | [00:48] |
mircea_popescu | ;;ticker | [00:48] |
gribble | BTCUSD ticker | Best bid: 27.00244, Best ask: 27.02134, Bid-ask spread: 0.01890, Last trade: 27.00244, 24 hour volume: 159173.80620676, 24 hour low: 21.72100, 24 hour high: 27.59690, 24 hour vwap: 25.36964 | [00:48] |
mircea_popescu | bout same | [00:48] |
* | drug_motor (LHC@c-75-69-112-151.hsd1.ma.comcast.net) has joined #bitcoin-assets | [00:49] |
jurov | just watching TPB AFK.. interesting | [00:52] |
jurov | lol they speak my soul "i wanted to play with things i could never afford on my own" | [00:53] |
maximian | there's a theory floating around that the recent runup may have had something to do with Reddit insiders doing a little speculating before todays announcement. | [00:55] |
kakobrekla | i have a theory about that theory | [00:55] |
maximian | heheh… just some fun speculatin' | [00:56] |
Lyspooner | redditors don't have that kind of dough | [00:56] |
Lyspooner | http://m.theglobeandmail.com/sports/more-sports/pistorius-nike-ad-i-am-the-bullet-pulled-from-local-television/article8665278/?service=mobile | [00:57] |
Lyspooner | poor taste | [00:57] |
assbot | [MPEX] [S.MPOE] 507 @ 0.00065357 = 0.3314 BTC [+] | [00:57] |
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* | Luke-Jr has quit (Ping timeout: 245 seconds) | [01:05] |
assbot | [MPEX] [S.MPOE] 14600 @ 0.00065378 = 9.5452 BTC [+] | [01:06] |
* | Luke-Jr (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets | [01:06] |
assbot | [MPEX] [S.MPOE] 2550 @ 0.00065378 = 1.6671 BTC [+] | [01:08] |
* | atweiden has quit (Quit: Leaving) | [01:10] |
* | Jackmaninov (~Jackmanin@216-197-171-254.sktn.hsdb.sasknet.sk.ca) has joined #bitcoin-assets | [01:13] |
swhitt | 300 btc bid at 0.006 on s.dice now | [01:14] |
mircea_popescu | why is that wow ? | [01:15] |
mircea_popescu | maximian since when do reddit insiders have money ? | [01:16] |
mircea_popescu | bah Lyspooner beat me to it | [01:16] |
swhitt | not wow | [01:16] |
Lyspooner | now | [01:16] |
Lyspooner | mircea's watching porn again or something | [01:16] |
mircea_popescu | i misread :D | [01:17] |
mircea_popescu | so wait, "paralympian" is now a legitimate title ? | [01:17] |
Lyspooner | i used to watch the bitcoin show with bruce wagner | [01:17] |
Lyspooner | don't know if you saw the news mircea_popescu, but that legless man shot his hot girlfriend in the face this morning and killed her | [01:18] |
assbot | [MPEX] [S.MPOE] 1693 @ 0.00065378 = 1.1068 BTC [+] | [01:18] |
mircea_popescu | what the fuck is next, John Dork, fabled Sykrim Warlock ? | [01:18] |
Lyspooner | and it looks like he doesn't have a leg to stand on | [01:18] |
mircea_popescu | it wasn't in my feed | [01:18] |
mircea_popescu | ahahaha | [01:18] |
mircea_popescu | ok that makes me half sorry i didn't see it. | [01:18] |
Lyspooner | the rumor is that she wanted to give him a valentine's day surprise, and being a south african, he mistook her for an intruder and shot her face off | [01:19] |
kakobrekla | ;;ticker | [01:19] |
gribble | BTCUSD ticker | Best bid: 27.19682, Best ask: 27.24900, Bid-ask spread: 0.05218, Last trade: 27.19682, 24 hour volume: 157796.67033685, 24 hour low: 21.72100, 24 hour high: 27.59690, 24 hour vwap: 25.37989 | [01:20] |
mircea_popescu | Lyspooner right. let me see here, he's a gimp and she's a trophy | [01:20] |
mircea_popescu | she wanted to do dp for valentine's and he mistook the two big guys for his wife | [01:21] |
mircea_popescu | http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2013/2/14/1360871599159/South-African-sprinter-Os-010.jpg nice. ducklips and everything. | [01:22] |
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Lyspooner | the dude was born without fibulae | [01:23] |
Lyspooner | i'd shoot her in the face if that happened to me, too | [01:23] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064918 = 2.8051 BTC [-] | [01:23] |
assbot | [MPEX] [S.MPOE] 10654 @ 0.00064917 = 6.9163 BTC [-] | [01:23] |
assbot | [MPEX] [S.MPOE] 7984 @ 0.000637 = 5.0858 BTC [-] | [01:23] |
mircea_popescu | The South African FHM model | [01:23] |
mircea_popescu | its incredible how ready to serve the prurient interest the web is. | [01:23] |
mircea_popescu | "PHOTOS: Reeva Steenkamp's modeling pictures " as an article insert | [01:24] |
* | Anduck has quit (Ping timeout: 252 seconds) | [01:25] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063723 = 2.7535 BTC [+] | [01:27] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063719 = 2.7533 BTC [-] | [01:27] |
assbot | [MPEX] [S.MPOE] 3908 @ 0.00063708 = 2.4897 BTC [-] | [01:27] |
* | jborkl has quit (Quit: jborkl) | [01:30] |
* | dust-otc (~dust-otc@unaffiliated/dust-otc) has joined #bitcoin-assets | [01:35] |
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assbot | [MPEX] [S.MPOE] 2107 @ 0.00065102 = 1.3717 BTC [+] | [01:37] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065581 = 2.8338 BTC [+] | [01:37] |
assbot | [MPEX] [S.MPOE] 2472 @ 0.00065582 = 1.6212 BTC [+] | [01:37] |
* | Lyspooner has quit (Remote host closed the connection) | [01:40] |
* | gru2 (LHC@c-75-69-112-151.hsd1.ma.comcast.net) has joined #bitcoin-assets | [01:49] |
mircea_popescu | ;;ticker | [01:49] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065552 = 2.8325 BTC [-] | [01:49] |
gribble | BTCUSD ticker | Best bid: 27.23301, Best ask: 27.27116, Bid-ask spread: 0.03815, Last trade: 27.23300, 24 hour volume: 147220.28636604, 24 hour low: 21.72100, 24 hour high: 27.59690, 24 hour vwap: 25.44526 | [01:49] |
assbot | [MPEX] [S.MPOE] 4679 @ 0.00065582 = 3.0686 BTC [+] | [01:49] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.03984163 = 39.8416 BTC [-] | [01:52] |
* | drug_motor has quit (Ping timeout: 248 seconds) | [01:53] |
Namworld | Yeah, I sold two blocks of 1000 puts at a loss. I think I'll stop there. | [01:54] |
Namworld | I want to try to get puts higher at the top... looks like we're still a bit far from the top | [01:54] |
Namworld | Maybe get puts around 30 USD/BTC | [01:56] |
Namworld | I think I should have waited for that instead. | [01:56] |
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Namworld | might be a bit risky... | [01:59] |
Diablo-D3 | I wouldnt need a lawyer to register an llc, would I? | [02:04] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065573 = 2.8334 BTC [-] | [02:05] |
BitHub | no | [02:05] |
assbot | [MPEX] [S.MPOE] 7849 @ 0.00065582 = 5.1475 BTC [+] | [02:05] |
BitHub | tho, it couldn't hurt | [02:05] |
assbot | [BTCTC] [BTC-BOND] 200 @ 0.01 = 2 BTC [+] | [02:05] |
Namworld | Some people have trust in me, lending at 10.95% per year it seems. | [02:06] |
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jurov | congrats.. they are not s.bvps shareholders, i guess. | [02:11] |
mircea_popescu | Diablo-D3 its prolly best to have someone else handle it | [02:11] |
mircea_popescu | in most places you need an agent of record anyway | [02:11] |
Diablo-D3 | mircea_popescu: yes, but in maine it just has to be someone living here | [02:11] |
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mircea_popescu | ya but as in all endeavours, you're best off interacting with a professional. | [02:12] |
mircea_popescu | im sure they have llc reg services there too. | [02:12] |
Diablo-D3 | those cost money | [02:12] |
mircea_popescu | without money you don't need a llc anyway | [02:13] |
Diablo-D3 | silly mircea_popescu, trolling is for kids | [02:14] |
mircea_popescu | i am serious. | [02:15] |
assbot | [MPEX] [S.DICE] 1000 @ 0.00608 = 6.08 BTC [-] | [02:15] |
assbot | [MPEX] [S.DICE] 45690 @ 0.006 = 274.14 BTC [-] | [02:15] |
mircea_popescu | if the cost of registering a llc is an issue then you shouldn't make one | [02:15] |
assbot | [MPEX] [S.MPOE] 9338 @ 0.00065595 = 6.1253 BTC [+] | [02:15] |
assbot | [MPEX] [S.MPOE] 1000 @ 0.00065595 = 0.656 BTC [+] | [02:15] |
assbot | [MPEX] [S.MPOE] 4212 @ 0.00065596 = 2.7629 BTC [+] | [02:16] |
Diablo-D3 | mircea_popescu: lawyers cost thousands of dollars | [02:16] |
Diablo-D3 | registering an llc doesnt | [02:16] |
mircea_popescu | it's like a hundred or w/e. you don't need a lawyer like on retainer in any case | [02:17] |
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jurov | Namworld: you are buying s.bvps at 0.00001014 ? | [02:18] |
Diablo-D3 | ;;calc 10000000 / 20 | [02:19] |
gribble | 500000 | [02:19] |
jurov | seems tomorrow at this time i'll be liquidating my client's holdings by selling at mkt price, you can't offer more? | [02:19] |
BitHub | [02:19] | |
BitHub | problem is mircea nobody wants to pay for anything haha | [02:20] |
Namworld | I wouldn't liquidate at market price, we're moving to BTCT.co and we might just buyback shares | [02:20] |
mircea_popescu | ya well. | [02:20] |
pigeons | might | [02:20] |
BitHub | i think a LLP is better than a LLC | [02:20] |
Diablo-D3 | BitHub: no it isnt. | [02:20] |
Namworld | yeah, well we're a bit short on funds. | [02:20] |
jurov | Namworld: "probably" "might" ? these solid plans of yours again, eh? | [02:20] |
BitHub | its like a company but not so official and you get alot of benefits | [02:21] |
Namworld | I can't make decisions for everyone, I'm not alone in this. | [02:21] |
Namworld | But BitVPS is going very well. | [02:21] |
Namworld | Within a year it should turn quite profitable. | [02:21] |
jurov | so you three or four can't even decide on buyback price and just place mpex order? | [02:22] |
jurov | not very good outlook for bitvps if you can;t agree on such simpel thing | [02:22] |
Namworld | The others are broke. And I can't afford to buyback either. | [02:22] |
Namworld | We'd like to buy back shares eventually. | [02:22] |
BitHub | currently am thinking to completely shut down and unregister australian operations, keep everything personalized, keep everything in btc, never let the company touch fiat, might look into setting up offsore LLC with fake company directors (this is all perfectly legal) | [02:23] |
jurov | why don't you sell on btct then? | [02:23] |
jurov | ;;ticker btct bitvps | [02:23] |
gribble | (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message) | [02:23] |
jurov | !ticker btct bitvps | [02:23] |
assbot | [BTCT:BITVPS] 1D: -- / -- / -- (0 shares, 0 BTC), 7D: -- / 0.0 / -- (0 shares, 0 BTC), 30D: -- / 0.0 / -- (0 shares, 0 BTC) | [02:23] |
Namworld | Why sell? | [02:24] |
jurov | cuz you're broke, lol | [02:24] |
Diablo-D3 | BitHub: you do realize, though, an LLP is a partnership, right? | [02:24] |
Namworld | The individuals are broke. BitVPS is about breaking even. | [02:24] |
BitHub | yes D3 | [02:24] |
BitHub | i am currently in a partnership | [02:24] |
Namworld | We're buying servers with what we have to reduce monthly expenses. | [02:24] |
Diablo-D3 | yeah, see, I am not | [02:24] |
Namworld | and condensing clients a bit. | [02:24] |
BitHub | than a LLC is the next best thing | [02:25] |
Namworld | The current servers are monthly rent and a bit empty | [02:25] |
jurov | what does that have with selling shares? | [02:25] |
BitHub | D3 we will probably upgrade from a LLP to a LLC if we do a offshore company. | [02:25] |
Namworld | We're nto going to sell shares. | [02:25] |
Namworld | Trading will resume when we're delisted and people start getting moved. | [02:26] |
Namworld | as for low bids, I have low bids on everything, but that's my personal account and I put low bids on everything, as you might have noticed. | [02:27] |
BitHub | i'm starting to think its better to not have your bitcoin company based where you live, better off having it in a tax haven sort of place or somewhere a bit protected from western laws. The biggest liability a bitcoin business gives you is the ability for the gov to fuck you for not doing your taxes properly | [02:27] |
jurov | i'm not interested to protract this process. i'll just sell the stuf fat whatever price and send the users after you. | [02:28] |
Namworld | yeah, must not fit nicely with coin.br | [02:29] |
jurov | i was thinking you already started to move the shares, using MPEx PUSH function to accept shares to be moved to btct | [02:29] |
jurov | and so i told the users | [02:29] |
jurov | but you're waiting to muck with STAT verification instead... | [02:30] |
Namworld | No | [02:30] |
Namworld | I'll be accepting a signature from the same gpg key MPEx will give us. | [02:30] |
Namworld | MPEx is supposed to give us a list of key with the amount of shares tied to it on delisting. | [02:31] |
Namworld | A simple signature from the gpg key used for MPEx will suffice. | [02:31] |
Namworld | We can even use email addresses to import, if your users give authorization for their email to be disclosed, + signature of your holdings | [02:32] |
Namworld | and I'll manage their import to BTCT.co | [02:32] |
jurov | Okay. Now, why this isn't announced in condensed form I can get an URL of, instead i have to collect this information from btctalk and irc? | [02:32] |
Namworld | MPEx has no method to send announcement. Plus I'm here almost everyday. I think you know that by now. I haven't seen you asking before, although I see you here almost daily too =/ | [02:34] |
Diablo-D3 | ;;calc 10000000 / 20 | [02:35] |
gribble | 500000 | [02:35] |
jurov | i was asking on btctalk... got less information than now, with plenty of "perhaps" | [02:35] |
Diablo-D3 | so hrm | [02:35] |
assbot | [MPEX] [S.MPOE] 7000 @ 0.00065596 = 4.5917 BTC [+] | [02:36] |
jurov | and your announcement about the bonds made me ask.. | [02:36] |
jurov | cuz i just can't understand why you're so lewd in communicating with shareholders | [02:37] |
jurov | can't you just hire a $10 writer from freelancer to make a statement... oh you're broke i forgot | [02:38] |
Diablo-D3 | >$10 | [02:38] |
Diablo-D3 | >freelancer | [02:38] |
Diablo-D3 | I cant imagine it coming out any better | [02:39] |
Namworld | I'm not broke personally, but making a buyback at ~0.003 for all circulating shares, I can't do that right now. | [02:40] |
Namworld | Neither is arij. | [02:40] |
Namworld | But we don't have money aside for that either. Would take a good chunk. | [02:41] |
jurov | i see. rg's contract says equity is 1200BTC (0.0012 BTC each) | [02:42] |
jurov | he should pay then, no? | [02:42] |
Namworld | If you want that, I suppose. | [02:43] |
jurov | i don't have them anymore, no "wants" there. | [02:43] |
jurov | just that he broke the contract, so i guess he's obliged to repay at least the equity to shareholders | [02:44] |
Namworld | Still, seems preferable to handle a transfer and let each coinbr user decide what they want to do with theirs. | [02:44] |
jurov | yes i gave them two options | [02:45] |
jurov | http://www.bitcoinforum.com/coinbr-com/s-bvps-delists-soon-action-from-shareholders-required-till-february-15th/ | [02:45] |
jurov | sent also by email | [02:45] |
jurov | almost 2 weeks ago and no one asked about transfer so far... so they'll be liquidated. punt. | [02:46] |
Namworld | Ouch | [02:47] |
Namworld | How many shares? | [02:47] |
jurov | not many | [02:48] |
Namworld | PM | [02:48] |
jurov | it's users responsibility not mine. | [02:49] |
jurov | what am i going to, create btct account? why? | [02:49] |
Namworld | Not needed. | [02:49] |
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BitHub | wow guys, i cant believe someone actually paid me back on btcjam | [03:03] |
BitHub | happy days. | [03:03] |
assbot | [MPEX] [S.MPOE] 7200 @ 0.00065596 = 4.7229 BTC [+] | [03:04] |
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assbot | [MPEX] [S.DICE] 400 @ 0.0062799 = 2.512 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 932 @ 0.00628 = 5.853 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 4000 @ 0.0062999 = 25.1996 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 1000 @ 0.00629999 = 6.3 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 3561 @ 0.0063 = 22.4343 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 10000 @ 0.00635 = 63.5 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 107 @ 0.00639987 = 0.6848 BTC [+] | [03:08] |
assbot | [MPEX] [S.DICE] 893 @ 0.00639987 = 5.7151 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 2000 @ 0.00639989 = 12.7998 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 2000 @ 0.00639998 = 12.8 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 5000 @ 0.00639999 = 32 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 10107 @ 0.0064 = 64.6848 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 1574 @ 0.0064 = 10.0736 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 700 @ 0.00640186 = 4.4813 BTC [+] | [03:09] |
assbot | [MPEX] [S.DICE] 5000 @ 0.00641 = 32.05 BTC [+] | [03:10] |
assbot | [MPEX] [S.DICE] 1700 @ 0.00674999 = 11.475 BTC [+] | [03:10] |
assbot | [MPEX] [S.DICE] 11000 @ 0.0069 = 75.9 BTC [+] | [03:12] |
burnside | Jurov, btct has enough of an api now that you could broker assets there too | [03:17] |
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burnside | you could go 3-legged and not have to do a central db/management | [03:17] |
burnside | or just go 2-legged like you are with mpex | [03:17] |
burnside | docs here: https://btct.co/faq?tab=tab5 ... they're a work in progress, but I'm happy to answer any questions. | [03:18] |
burnside | I have a basic LAMP ready client you can download and pull apart, it's linked as a .zip on that page. | [03:19] |
jurov | thanks, will consider it. | [03:19] |
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jurov | burnside you see for yourself: if this was planned/announced better in advance, i'd be aware sooner of all possibilities... | [03:21] |
burnside | yeah, there's been lots of time to plan, announcement was some time ago. | [03:22] |
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burnside | communication could be better, no doubt. | [03:23] |
kakobrekla | inaba delivery confidence speaks: 100 BTC that BFL will deliver ASICs. I only put the 2013 timeframe on there so there's a definitive endpoint to the bet, even though it will be over long before then. | [03:31] |
kakobrekla | So, october it is, 2013 this time. | [03:32] |
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assbot | [BTCTC] [S.MPOE-PT] 9 @ 0.00067 = 0.006 BTC [+] | [03:36] |
assbot | [BTCTC] [RSM] 1 @ 0.0099 BTC [+] | [03:39] |
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assbot | [MPEX] [S.MPOE] 41000 @ 0.00065596 = 26.8944 BTC [+] | [04:03] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00065083 = 2.8122 BTC [-] | [04:12] |
assbot | [MPEX] [S.MPOE] 7511 @ 0.00065079 = 4.8881 BTC [-] | [04:12] |
assbot | [BTCTC] [GSDPT] 3 @ 0.00626 = 0.0188 BTC [+] | [04:13] |
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thestringpuller | ;;ticker | [04:26] |
gribble | BTCUSD ticker | Best bid: 27.31002, Best ask: 27.40000, Bid-ask spread: 0.08998, Last trade: 27.40000, 24 hour volume: 106786.27768202, 24 hour low: 24.50000, 24 hour high: 27.59690, 24 hour vwap: 26.35512 | [04:26] |
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mircea_popescu | kakobrekla by the time last block is mined bfl delivers fo sho. | [04:27] |
kakobrekla | hehe | [04:28] |
mircea_popescu | it may be juicers or toasters or something, not necessarily asics | [04:28] |
BitHub | how can i maximize my investments? | [04:28] |
mircea_popescu | but it will be SOMETHING! | [04:28] |
BitHub | i would like to earn back 1btc a day | [04:28] |
BitHub | what else can you do besides, investing and loaning? | [04:29] |
mircea_popescu | that'd be it no ? | [04:29] |
thestringpuller | ;;seen smickles | [04:30] |
gribble | smickles was last seen in #bitcoin-assets 6 days, 0 hours, 19 minutes, and 27 seconds ago: |
[04:30] |
BitHub | i'm not sure mircea | [04:30] |
thestringpuller | Oh man where has he been it's been like a week | [04:30] |
BitHub | maybe that's all i can do for now | [04:30] |
BitHub | i'm meeting with business partner, going to show him mpex | [04:30] |
thestringpuller | smickles: hey gimme a pong when you're back from vacation ;) | [04:30] |
mircea_popescu | BitHub well, i mean in general speaking. bonds and equity, loans and investments. what else is there ? | [04:32] |
BitHub | mining | [04:32] |
assbot | [MPEX] [S.DICE] 100 @ 0.0065 = 0.65 BTC [-] | [04:32] |
mircea_popescu | that's investing neh ? | [04:32] |
thestringpuller | sell shit for bitcoins yo | [04:32] |
thestringpuller | stop trying to be a speculator | [04:32] |
thestringpuller | and laaazy | [04:32] |
thestringpuller | why not just sell all your bitcoins and give your money to the government they know what is best for you | [04:33] |
BitHub | haha k | [04:33] |
mircea_popescu | i'd rather give it to strippers. | [04:33] |
mircea_popescu | equally clueless but at least tits. | [04:33] |
BitHub | i like giving money to women | [04:34] |
BitHub | makes life so much easier | [04:34] |
thestringpuller | I can't believe .04btc is a 1 USD now | [04:34] |
mircea_popescu | fo reals. | [04:34] |
mircea_popescu | anyway, im out. take care all. | [04:34] |
BitHub | peace | [04:34] |
* | Now talking on #bitcoin-assets | [12:36] |
* | Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://mpex.co || https://coinbr.com || https://www.havelockinvestments.com || https://btct.co || https://bitfunder.com || https://icbit.se || https://cryptostocks.com || https://therocktrading.com || http://picostocks.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || biased msg: http://bit4x.com | [12:36] |
* | Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Thu Feb 14 01:53:47 2013 | [12:36] |
jurov | lol the best one http://i.imgur.com/lVvXSEv.jpeg | [12:37] |
mircea_popescu | lol | [12:38] |
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mircea_popescu | http://rt.com/news/meteorite-crash-urals-chelyabinsk-283/ meteor! | [12:56] |
* | BitHub sells everything for 5$ | [12:57] |
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assbot | [MPEX] [S.MPOE] 2501 @ 0.00065521 = 1.6387 BTC [+] | [13:10] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065586 = 2.834 BTC [+] | [13:10] |
assbot | [MPEX] [S.MPOE] 3578 @ 0.00065587 = 2.3467 BTC [+] | [13:10] |
wao | ;; ticker | [13:14] |
gribble | BTCUSD ticker | Best bid: 26.50300, Best ask: 26.62363, Bid-ask spread: 0.12063, Last trade: 26.62363, 24 hour volume: 71545.81308642, 24 hour low: 25.64000, 24 hour high: 27.59690, 24 hour vwap: 26.79017 | [13:14] |
mjr__ | hey all | [13:21] |
mircea_popescu | hi | [13:21] |
assbot | [MPEX] [S.MPOE] 4388 @ 0.00065587 = 2.878 BTC [+] | [13:27] |
assbot | [MPEX] [S.MPOE] 2412 @ 0.0006588 = 1.589 BTC [+] | [13:27] |
thestringpuller | shouldn't you be doing something useful mr. popescu | [13:28] |
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mircea_popescu | if i ever figure out what it'd be. | [13:29] |
thestringpuller | finding a surefire method for guys to get laid? | [13:29] |
mircea_popescu | as long as the guys are me i kinda have that. | [13:31] |
* | BitHub shows girls his bitcoin balance. | [13:32] |
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mircea_popescu | ahahah that works ? | [13:36] |
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mircea_popescu | sooo asicminer has like 70k usd in bills to pay ? | [13:39] |
wao | how big | [13:41] |
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mircea_popescu | 70k + 70k actually. | [13:41] |
mircea_popescu | smart of them that they have liabilities denominated in fiat tho. | [13:41] |
BitHub | oh jesus | [13:42] |
BitHub | oh well, have faith | [13:43] |
BitHub | hopefully get some divs | [13:43] |
BitHub | yeah true mirceas as the price of btc rises. | [13:44] |
assbot | [MPEX] [S.MPOE] 3400 @ 0.00065562 = 2.2291 BTC [-] | [13:44] |
mircea_popescu | this recent jump hel[ed them a lot. | [13:45] |
mircea_popescu | 25 blocks * 25 btc = 20k rather than 10k | [13:45] |
mircea_popescu | but still, they need 10x as much to break even on the various loans. who knows, maybe they make it. | [13:45] |
BitHub | did you read friedcats update today? | [13:46] |
BitHub | they'll probably raise alot of money once they sort out their share situation and actually put it on the market | [13:46] |
BitHub | that's always good to have in your back pocket | [13:47] |
mircea_popescu | well... | [13:47] |
mircea_popescu | how do they raise money ? | [13:47] |
mircea_popescu | their shares are already sold, at .1 each, for 40k btc. | [13:48] |
mircea_popescu | back in june or w/e | [13:48] |
BitHub | i think they got some more for this bitfountain thing | [13:49] |
mircea_popescu | but they can't sell those ? | [13:49] |
BitHub | and are holding alot themselves to sell later to raise money, plus a whole bunch of other things, friedcat just did a upgrade recently | [13:49] |
mircea_popescu | basically asicminer ipod on a copy of mpex contracts | [13:49] |
BitHub | let me look | [13:49] |
mircea_popescu | the company always keeps half the shares | [13:49] |
mircea_popescu | and the shareholders can buy the other half. | [13:49] |
mircea_popescu | it's not quite as clearly stated as on mpex, but it's the principle. | [13:50] |
BitHub | they would be silly to have sold out all their shares | [13:50] |
BitHub | so so silly | [13:51] |
mircea_popescu | they have tho | [13:51] |
mircea_popescu | made 400k, sold 200k at .1 each for 20k btc | [13:51] |
mircea_popescu | about 150k usd at the time | [13:51] |
mircea_popescu | 100-150, something like that. | [13:51] |
mircea_popescu | they may have ended up with some leftovers since glbse exploded and maybe some people didn't claim | [13:52] |
mircea_popescu | but in any case i'd be surprised if it were much %wise | [13:52] |
BitHub | https://bitcointalk.org/index.php?topic=99497.1700 | [13:52] |
BitHub | scroll down a bit | [13:52] |
BitHub | This is what in our mind when doing the IPO: | [13:53] |
BitHub | 1. One ASICMINER (A) share is one privileged share of our partnership (A+B) compared to Bitfountain (B) shares controlled by us founders. | [13:53] |
BitHub | 2. The privileges (investor protection) are exactly the four ones listed in the main thread. Besides privileges, one ASICMINER share is no different to one Bitfountain share. This means that ASICMINER shareholders also pay for maintainance and re-investment, same as the rest of us three, while at the same time also enjoy the future benefits made possible from the maintainance and | [13:53] |
BitHub | re-investment costs. This is why we stated that ASICMINER shareholders are always in a better position than any device buyers when the initial biggest risk disappeared. | [13:53] |
BitHub | 3. The rest shares, when not sold, are kept and owned by Bitfountain. When they are sold, all income will be invested in our partner ship (A+B). This is what the non-dilution privilege of ASICMINER share means. They may be sold someday when the price is right and we need really big investment costs. But now the price is not fully appreciated in our point of view and the re-investment | [13:53] |
BitHub | cost in the mid-term won't be so big that we have to sell them low. | [13:53] |
BitHub | 4. About the portion concerns, we believe that the evaluation of (A+B) on IPO is fair to ASICMINER purchasers, because it's already much lower than most other startups seeking for angel investments. The investor protection clauses are also a pro. Of course, most angels/VCs will get more information and control, but we could still debate whether this aspect can neutralize the advantages | [13:53] |
BitHub | from low evaluation and privileges. | [13:53] |
BitHub | opps, sorry | [13:53] |
mircea_popescu | what do you read into that ? | [13:54] |
BitHub | you're the expert :P | [13:55] |
BitHub | so they can sell shares to raise funds if they really need to i guess. | [13:56] |
mircea_popescu | basically, they're very convolutedly going about implementing a mpex contract. | [13:56] |
mircea_popescu | no, because they already issued and they promised not to dillute. | [13:56] |
BitHub | 3. The rest shares? | [13:56] |
mircea_popescu | "when" | [13:57] |
mircea_popescu | afaik there's no actual shares in that group | [13:57] |
BitHub | not till the price is right, or really needed | [13:57] |
mircea_popescu | if there are any i'd be surprised there be very many. | [13:57] |
mircea_popescu | afaik glbse listed them at 200k shares, so, that would be "all" | [13:57] |
BitHub | but "bitfountain" will be owning them. | [13:57] |
mircea_popescu | looky : this company already issued its shares, on glbse | [13:57] |
mircea_popescu | they were privately held. | [13:57] |
BitHub | correct | [13:57] |
mircea_popescu | so... maybe some people didn't claim them, and so i guess they may revert to bitfountain | [13:58] |
mircea_popescu | but otherwise, there's nothing more to sell. | [13:58] |
BitHub | okey, so they wont be issuing any more than 200k shares in total now or in the future. | [13:58] |
mircea_popescu | its what they said. | [13:58] |
BitHub | that's good in a way. | [13:58] |
mircea_popescu | (which is a silly thing to say, but hey) | [13:58] |
BitHub | too many s.dice shares out there :P | [13:58] |
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mircea_popescu | actually let's see. if they mine about 15 blocks a day consistently that's | [13:59] |
mircea_popescu | ;;calc 15 * 25 * 30 | [13:59] |
gribble | 11250 | [13:59] |
mircea_popescu | about par with s.dice | [13:59] |
BitHub | we were playing with some calcs in the lobby | [13:59] |
mircea_popescu | course, they have about | [14:00] |
BitHub | i think its 25 blocks? | [14:00] |
mircea_popescu | ;;calc 150 / 28 | [14:00] |
gribble | 5.35714285714 | [14:00] |
mircea_popescu | 5.5k worth of debt, but that's not such a big deal | [14:00] |
mircea_popescu | they do have electricity/maintenance costs, and there is the risk their miners blow up (which eventually they will, these things wear) | [14:00] |
BitHub | we roughly worked as an investor you need to buy about 266 shares at .4 for about 106 btc | [14:00] |
BitHub | out* | [14:01] |
BitHub | to make 1btc a day off the divs | [14:01] |
mircea_popescu | so as it is currently i guess asicminer is worth maybe 2-400k BTC if it were listed on MPEx | [14:01] |
BitHub | so takes about 3- half months to make your money back | [14:01] |
mircea_popescu | which would make each share worth up to BTC even. | [14:01] |
mircea_popescu | wow. | [14:01] |
mircea_popescu | of course current rate of return won't last, but what ever lasts. | [14:01] |
BitHub | there was a bunch of us in #bitcoin working it out :) not sure of exact figures but it was pretty close to that | [14:01] |
mircea_popescu | im curious if they end up shootingthemselves in the foot by listing on some illiquid platform and never realising those prices tho | [14:02] |
BitHub | cant someone create one on mpex? | [14:02] |
mircea_popescu | one what ? | [14:02] |
BitHub | a p.t | [14:02] |
mircea_popescu | if i allow that someone | [14:02] |
BitHub | asicminer pass thru share | [14:03] |
BitHub | hehe ;) | [14:03] |
mircea_popescu | which i might, if they're credible. | [14:03] |
BitHub | have you recieved any legal issues yet? | [14:04] |
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mircea_popescu | what do you mean ? | [14:05] |
BitHub | with mpex, all good so far? | [14:07] |
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mircea_popescu | a, sure. | [14:12] |
mircea_popescu | you mean have i been sued or anything ? | [14:12] |
BitHub | oh not sued but emails n stuff like threating what you guys are doing? | [14:13] |
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BitHub | well threating to sue i guess | [14:13] |
mircea_popescu | nope, nothing at all. | [14:15] |
BitHub | sweet | [14:15] |
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mircea_popescu | FabianB_ | [14:16] |
mircea_popescu | oops | [14:16] |
BitHub | i was thinking about what you were saying when we first talked, about keeping things offshore, keeping everything in btc, no fiat. I think its the better way to go. | [14:16] |
mircea_popescu | i don't recall this particular one, but yes btc accounting is the better way. | [14:16] |
BitHub | yeah i said to my partner, why are we so egar to turn btc back into cash? better off just taking as much fiat as you can and turning it all into btc and you can leverage it alot more, and if we really need more, we can just cash out now and again. | [14:18] |
BitHub | some money* | [14:18] |
FabianB_ | mircea_popescu: huh? | [14:19] |
mircea_popescu | pm. | [14:20] |
Bowjob | morning | [14:24] |
Bowjob | by that i mean 4:25 an | [14:25] |
Bowjob | am | [14:25] |
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mircea_popescu | heya | [14:29] |
mircea_popescu | http://finance.yahoo.com/news/dying-dollar-why-us-currency-213606781.html | [14:30] |
mircea_popescu | heh. | [14:30] |
assbot | [MPEX] [S.MPOE] 3200 @ 0.00065474 = 2.0952 BTC [-] | [14:30] |
wao | hah | [14:30] |
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Bowjob | have you guys seen pbsideachannel's bitcoin video | [14:34] |
Bowjob | it's about how bitcoin and hats.. yes hats are changing currency. | [14:34] |
Bowjob | and before I was a bitcoiner, I first had my hand trading hats... hats! | [14:34] |
Bowjob | so I graduated from hats, and switched to bitcoin | [14:35] |
mircea_popescu | lol | [14:36] |
mircea_popescu | is this etsy university ? | [14:36] |
mircea_popescu | also in the news, https://bitcointalk.org/index.php?topic=144319.0 | [14:36] |
wao | Bowjob: url? | [14:39] |
Bowjob | http://www.youtube.com/watch?v=E_9R45RLNR0 | [14:39] |
Bowjob | I take a few issues with the way he described TF2 economy though. | [14:39] |
Bowjob | it's a rare scenario where peole use metal to buy hats. | [14:40] |
Bowjob | rather you use earbuds to purchase hats and keys and a bunny head and a beret to purchase unusuals | [14:40] |
Bowjob | also, santa hats and gift boxes are used to purchase goods in tf2.. similar to how we have different bills irl | [14:41] |
Bowjob | buying unusuals with metal is like buying a ferrarri with pennies. it clogs you inventory space. | [14:42] |
Bowjob | apart from that, good vid | [14:42] |
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assbot | [MPEX] [S.MPOE] 1950 @ 0.00065474 = 1.2767 BTC [-] | [14:48] |
Chaang-Noi | ;;asks 30 | [14:54] |
gribble | There are currently 31025.047 bitcoins offered at or under 30.0 USD, worth 882899.724413 USD in total. | [14:54] |
Chaang-Noi | ;;asks 32 | [14:54] |
gribble | There are currently 35308.208 bitcoins offered at or under 32.0 USD, worth 1016698.74139 USD in total. | [14:54] |
Bowjob | whaT? | [14:55] |
Bowjob | ;;tocler | [14:56] |
gribble | Error: "tocler" is not a valid command. | [14:56] |
Bowjob | ;;ticker | [14:56] |
gribble | BTCUSD ticker | Best bid: 26.48457, Best ask: 26.50180, Bid-ask spread: 0.01723, Last trade: 26.50181, 24 hour volume: 79278.52254235, 24 hour low: 25.64000, 24 hour high: 27.59690, 24 hour vwap: 26.77956 | [14:56] |
Bowjob | oh | [14:56] |
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assbot | [MPEX] [S.MPOE] 4119 @ 0.00065474 = 2.6969 BTC [-] | [15:13] |
assbot | [MPEX] [S.MPOE] 301 @ 0.00065562 = 0.1973 BTC [+] | [15:13] |
assbot | [MPEX] [S.MPOE] 5790 @ 0.0006588 = 3.8145 BTC [+] | [15:13] |
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DeadWeasel | we should get a FOIA request for bitcoin. | [15:18] |
DeadWeasel | see what the government has written about it already. | [15:18] |
assbot | [MPEX] [S.MPOE] 13000 @ 0.00066004 = 8.5805 BTC [+] | [15:21] |
assbot | [MPEX] [S.MPOE] 1664 @ 0.00066112 = 1.1001 BTC [+] | [15:21] |
assbot | [MPEX] [S.MPOE] 9418 @ 0.00066133 = 6.2284 BTC [+] | [15:21] |
assbot | [MPEX] [S.MPOE] 4368 @ 0.00066171 = 2.8903 BTC [+] | [15:21] |
kakobrekla | http://say26.com/meteorite-in-russia-all-videos-in-one-place | [15:26] |
assbot | [MPEX] [S.MPOE] 1032 @ 0.00066171 = 0.6829 BTC [+] | [15:30] |
error4733 | http://www.nasa.gov/topics/solarsystem/features/asteroidflyby.html | [15:30] |
Bowjob | we went back to 26.39 levels | [15:35] |
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DeadWeasel | ask walls at 27.4 | [15:40] |
assbot | [MPEX] [S.DICE] 3650 @ 0.00630919 = 23.0285 BTC [-] | [15:48] |
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assbot | [MPEX] [S.MPOE] 4879 @ 0.00066202 = 3.23 BTC [+] | [15:51] |
assbot | [MPEX] [S.MPOE] 4000 @ 0.00066221 = 2.6488 BTC [+] | [15:51] |
assbot | [MPEX] [S.MPOE] 61 @ 0.00066261 = 0.0404 BTC [+] | [15:51] |
assbot | [MPEX] [S.DICE] 100 @ 0.00649174 = 0.6492 BTC [+] | [15:51] |
assbot | [MPEX] [S.MPOE] 3500 @ 0.00066261 = 2.3191 BTC [+] | [15:56] |
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assbot | [MPEX] [S.MPOE] 1400 @ 0.00066261 = 0.9277 BTC [+] | [16:00] |
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Bowjob | so guys, am I evil if I'm gonna hold other people's funds for 10% in BTC since they can't figure the wallet out? | [16:04] |
Bowjob | they want to invest in BTC but they can't be bothered to learn how it woks, ect | [16:05] |
Bowjob | I agreed but only to 150 bucks worth.. I don't want them crying when their coins become worth shit | [16:05] |
Anduck | but.... | [16:07] |
Anduck | that will never happen, right? | [16:07] |
Anduck | RIGHT???? | [16:07] |
Bowjob | who knows | [16:08] |
Bowjob | I told them about it when it was around 15 dollars each | [16:08] |
Bowjob | didnt want to act till they were 25 dollars | [16:08] |
Bowjob | now.. they want to swarm me with dollars | [16:08] |
Anduck | well | [16:09] |
Bowjob | I told them its stupidly easy to get it.. and initially I didn't want to hold their coins | [16:09] |
Anduck | tbh it will go to 50 usd easily | [16:09] |
Anduck | y¨' | [16:09] |
Anduck | well | [16:09] |
Anduck | just... | [16:09] |
Bowjob | then.. I thought, heck. that 10% could be 1000 bucks in the future | [16:09] |
Bowjob | or more | [16:09] |
Anduck | point them to bitaddress.org | [16:09] |
Bowjob | and its free money | [16:09] |
Anduck | and make them print paper wallets | [16:09] |
Bowjob | no dude. these are technically impaired people | [16:09] |
Anduck | well | [16:09] |
Anduck | print them the paper wallets | [16:09] |
assbot | [MPEX] [S.MPOE] 2866 @ 0.00065979 = 1.891 BTC [-] | [16:09] |
Bowjob | who work menial jobs, ect hoping a quick buck | [16:09] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065342 = 2.8234 BTC [-] | [16:09] |
assbot | [MPEX] [S.MPOE] 11189 @ 0.00065341 = 7.311 BTC [-] | [16:10] |
assbot | [MPEX] [S.MPOE] 3050 @ 0.00065174 = 1.9878 BTC [-] | [16:10] |
Bowjob | or a "longshot" to getting rich | [16:10] |
Anduck | well Bowjob sell them f2f coins and sent them to their paper wallets | [16:10] |
Anduck | send*' | [16:10] |
Bowjob | actually, I thought of putting it in my brain wallet instead.. they run the risk of me dying and not getting their shit back though | [16:11] |
Anduck | imo paper wallet is easier | [16:11] |
Anduck | paper wallets they own | [16:11] |
Anduck | and sell them f2f the coins | [16:11] |
Bowjob | f2f? | [16:11] |
Anduck | face to face | [16:11] |
Anduck | i mean | [16:11] |
Bowjob | lol | [16:11] |
Bowjob | well | [16:11] |
Anduck | make paper wallet, put like 10 btc in it and sell it for 10 btc worth of usd to them | [16:12] |
Bowjob | it hurts me to sell bitcoin. idk why lol | [16:12] |
Anduck | ..... | [16:12] |
Anduck | buy the bitcoins from market with the dollarzss | [16:12] |
Anduck | then put _those_ bitcoins in the paper wallet.. | [16:12] |
Bowjob | well see if they'll agree | [16:12] |
Bowjob | I get my 10% commision either way | [16:13] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00065205 = 2.8175 BTC [+] | [16:26] |
assbot | [MPEX] [S.MPOE] 1378 @ 0.00065174 = 0.8981 BTC [-] | [16:26] |
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DeadWeasel | Bowjob: don't sell, you'll make more by holding | [16:31] |
Bowjob | of course. thats why they hand me the cash first, then purchase bitcoins at the spot rate | [16:31] |
Bowjob | then hold their coins for them | [16:32] |
Bowjob | I think 10% is kinda steep, but it wasnt my idea | [16:32] |
Bowjob | lol | [16:32] |
assbot | [BTCTC] [RSM] 1 @ 0.0099 BTC [+] | [16:42] |
assbot | [MPEX] [S.MPOE] 39 @ 0.00066261 = 0.0258 BTC [+] | [16:45] |
assbot | [MPEX] [S.MPOE] 4261 @ 0.00066328 = 2.8262 BTC [+] | [16:45] |
assbot | [MPEX] [S.MPOE] 5360 @ 0.00065174 = 3.4933 BTC [-] | [16:48] |
assbot | [MPEX] [S.MPOE] 1840 @ 0.0006508 = 1.1975 BTC [-] | [16:48] |
assbot | [BTCTC] [GSDPT] 1 @ 0.00627 BTC [+] | [16:52] |
assbot | [HAVELOCK] [SDICE] 4 @ 0.749 = 2.996 BTC [+] | [16:58] |
assbot | [HAVELOCK] [SDICE] 3 @ 0.7499999 = 2.25 BTC [+] | [16:58] |
assbot | [HAVELOCK] [SDICE] 30 @ 0.75 = 22.5 BTC [+] | [16:58] |
assbot | [MPEX] [S.MPOE] 2481 @ 0.0006508 = 1.6146 BTC [-] | [17:01] |
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assbot | [MPEX] [S.MPOE] 4603 @ 0.0006508 = 2.9956 BTC [-] | [17:01] |
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assbot | [HAVELOCK] [SDICE] 73 @ 0.75 = 54.75 BTC [+] | [17:36] |
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DeadWeasel | ;;ticker | [17:42] |
gribble | BTCUSD ticker | Best bid: 27.11726, Best ask: 27.15525, Bid-ask spread: 0.03799, Last trade: 27.16598, 24 hour volume: 81022.17859612, 24 hour low: 25.82200, 24 hour high: 27.59690, 24 hour vwap: 26.83371 | [17:42] |
DeadWeasel | ;;bc,24hprc | [17:43] |
gribble | 26.84 | [17:43] |
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DeadWeasel | when the price hits 58.50 I'll be happy | [17:54] |
DeadWeasel | ;;slap gribble | [17:56] |
* | gribble slaps gribble with a likeness imputation | [17:56] |
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iz | http://youtu.be/2F6YkBa_Tig | [18:09] |
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assbot | [MPEX] [S.MPOE] 6767 @ 0.00065081 = 4.404 BTC [+] | [18:16] |
assbot | [MPEX] [S.MPOE] 3483 @ 0.0006508 = 2.2667 BTC [-] | [18:16] |
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Diablo-D3 | iz: if she wasnt already married, I'd marry her | [18:28] |
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assbot | [HAVELOCK] [SDICE] 9 @ 0.759 = 6.831 BTC [+] | [18:33] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.759 BTC [+] | [18:36] |
assbot | [MPEX] [S.MPOE] 11200 @ 0.00065115 = 7.2929 BTC [+] | [18:39] |
assbot | [MPEX] [S.MPOE] 4700 @ 0.00065935 = 3.0989 BTC [+] | [18:39] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00065924 = 2.8486 BTC [-] | [19:06] |
assbot | [MPEX] [S.MPOE] 6379 @ 0.00065935 = 4.206 BTC [+] | [19:06] |
* | Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets | [19:13] |
burnside | any of the havelock s.dice buyers here? | [19:18] |
burnside | curious as to why they're paying the 0.75 when it's 0.6x everywhere else. | [19:18] |
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midnightmagic | Diablo-D3: Hey, I can't find it now: where was the original offer to shareholders to be able to trade-in 200 (or so) shares for their future boards? | [19:26] |
midnightmagic | Diablo-D3: Re: asicminer. | [19:26] |
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Diablo-D3 | midnightmagic: for what? | [19:33] |
Diablo-D3 | oh | [19:33] |
Diablo-D3 | I dunno if they ever offered that | [19:34] |
Diablo-D3 | I dont remember it, anyways | [19:34] |
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Diablo-D3 | midnightmagic: only 200 shares though? wow | [19:42] |
Diablo-D3 | I wonder if I get the rack for free if I order a racks worth =P | [19:42] |
midnightmagic | :-/ | [19:47] |
midnightmagic | dammit. | [19:47] |
* | burnside is now known as burnside_afk | [19:49] |
* | burnside_afk is now known as burnside_ | [19:49] |
* | burnside_ is now known as burnside | [19:49] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065181 = 2.8165 BTC [-] | [19:50] |
assbot | [MPEX] [S.MPOE] 1829 @ 0.00065209 = 1.1927 BTC [+] | [19:50] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065104 = 2.8131 BTC [-] | [19:57] |
assbot | [MPEX] [S.MPOE] 8350 @ 0.00065099 = 5.4358 BTC [-] | [19:57] |
assbot | [MPEX] [S.MPOE] 4137 @ 0.0006508 = 2.6924 BTC [-] | [19:57] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00065188 = 2.8168 BTC [+] | [20:26] |
assbot | [MPEX] [S.MPOE] 7079 @ 0.00065209 = 4.6161 BTC [+] | [20:26] |
assbot | [MPEX] [S.MPOE] 4300 @ 0.00065209 = 2.804 BTC [+] | [20:27] |
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assbot | [HAVELOCK] [SDICE] 9 @ 0.759 = 6.831 BTC [+] | [20:33] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.759 BTC [+] | [20:33] |
assbot | [MPEX] [S.MPOE] 1800 @ 0.00065209 = 1.1738 BTC [+] | [20:37] |
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Bowjob | anyone here got gored by the bear trap? | [21:03] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065086 = 2.8124 BTC [-] | [21:04] |
assbot | [MPEX] [S.MPOE] 9379 @ 0.0006508 = 6.1039 BTC [-] | [21:04] |
jurov | ;;ticker | [21:04] |
gribble | BTCUSD ticker | Best bid: 27.00000, Best ask: 27.06999, Bid-ask spread: 0.06999, Last trade: 27.06999, 24 hour volume: 71831.38472749, 24 hour low: 26.10300, 24 hour high: 27.59690, 24 hour vwap: 26.98392 | [21:04] |
jurov | what bear trap? | [21:05] |
jurov | i started to slowly exercise my calls, like, one per day... but otherwise am bullish | [21:05] |
* | molec has quit (Ping timeout: 248 seconds) | [21:06] |
Bowjob | a couple days ago when we hit 21 | [21:06] |
Bowjob | then rebounded to 25 the same day | [21:06] |
Bowjob | Mhm, someone lost 200 BTC to the dice.. ouch | [21:07] |
Bowjob | http://satoshidice.com/lookup.php?tx=b4d75b&limit=100&min_bet=0&status=ALL | [21:08] |
Bowjob | its on the biggest losers page | [21:08] |
Bowjob | its just 10 mins ago | [21:08] |
Bowjob | looks like a mini whale address.. they lost all their money | [21:09] |
Bowjob | well, mini whale. baby | [21:10] |
Bowjob | it had 7k bitcoins recieved | [21:10] |
Bowjob | so hes been playing for a while | [21:10] |
Bowjob | yeah 1 btc left | [21:11] |
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Bowjob | im gonna need a job soon | [21:13] |
Bowjob | >_> | [21:13] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006518 = 2.8164 BTC [+] | [21:14] |
assbot | [MPEX] [S.MPOE] 4429 @ 0.00065209 = 2.8881 BTC [+] | [21:14] |
Bowjob | I got like 2 weeks left then I'll be cashflow negative | [21:14] |
thestringpuller | !ticker m X.DIFF.MAR | [21:16] |
assbot | Things which are alike, in nature, grow to look alike, and the speaking stones have lain a long time lookin' at the sun. | [21:16] |
thestringpuller | !ticker m XDIFF.MAR | [21:16] |
assbot | I don't know those people, and they don't look very friendly. | [21:16] |
thestringpuller | !ticker m X.IDIFF.MAR | [21:17] |
assbot | [MPEX:X.IDIFF.MAR] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.0429 / 0.0429 / 0.0429 (110 shares, 4.72 BTC), 30D: 0.0429 / 0.06514848 / 0.089 (330 shares, 21.50 BTC) | [21:17] |
thestringpuller | !ticker m X.IDIFF.JUN | [21:17] |
assbot | [MPEX:X.IDIFF.JUN] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0.08995 / 0.09418269 / 0.2 (260 shares, 24.49 BTC) | [21:17] |
thestringpuller | !ticker m X.IDIFF.SEP | [21:17] |
assbot | Quest for vision is a great blessing. | [21:18] |
Bowjob | wtf is this.. | [21:20] |
* | molec (~molecular@e176108146.adsl.alicedsl.de) has joined #bitcoin-assets | [21:20] |
Bowjob | Avalon batch no 2's specs keep on changing | [21:20] |
Bowjob | it was greater than 68, then at least 66.. now | [21:20] |
Bowjob | its greater than 65 | [21:20] |
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assbot | [MPEX] [S.MPOE] 4050 @ 0.00065209 = 2.641 BTC [+] | [21:27] |
kakobrekla | 20:13.28 ( Bowjob ) im gonna need a job soon | [21:27] |
kakobrekla | wrong direction of looking at things. | [21:27] |
Bowjob | ..mhm? | [21:28] |
kakobrekla | well | [21:29] |
kakobrekla | to me, having a job means you arent smart enough to live without having a job | [21:29] |
kakobrekla | so you should be trying not to have a job. | [21:29] |
Bowjob | eh, i can live without a job for a few years.. it just gets boring watching bitcoins grow | [21:31] |
kakobrekla | why only for a few years | [21:31] |
Bowjob | my bitcoin holdings arent that worth a fortune yet | [21:31] |
kakobrekla | the what? | [21:32] |
kakobrekla | i have been living by that since dunno when | [21:32] |
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Bowjob | well, tbh, I'm funded by unemployment insurance, I took those monies and put it in bitcoins and watch bitcoins shoot up in value. | [21:33] |
Bowjob | i'll be recalled soon | [21:33] |
kakobrekla | translate? | [21:33] |
kakobrekla | obviously NOT! | [21:34] |
kakobrekla | all sorts of stuff, i was doing some 3d photography when i was 18 then i was freelancing for a while, then building solar power plants for over a year and lots of stuff in between | [21:35] |
kakobrekla | not really | [21:36] |
* | DeaDTerra has quit (Read error: Connection reset by peer) | [21:36] |
kakobrekla | well not a regular job, i was never employed | [21:36] |
kakobrekla | mostly short term well payed stuff | [21:37] |
kakobrekla | paid | [21:37] |
kakobrekla | did what | [21:37] |
kakobrekla | its more of a projects thing | [21:38] |
kakobrekla | i had projects | [21:38] |
kakobrekla | not jobs | [21:38] |
TomServo | who's on first? | [21:38] |
kakobrekla | yeah, my employment card shows 0 days | [21:38] |
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* | DeaDTerra is now known as Guest86169 | [21:39] |
kakobrekla | dunno, they have this shit here | [21:39] |
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kakobrekla | to track the record of your work | [21:39] |
assbot | [BTCTC] [S.MPOE-PT] 6 @ 0.00067 = 0.004 BTC [+] | [21:39] |
kakobrekla | anywho i dont need to do any of that anymore i guess a part of that is btcs fault. | [21:41] |
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DeadWeasel | i just got the free amazon ec2 instance setup. | [21:46] |
* | bcurious (440c959c@gateway/web/freenode/ip.68.12.149.156) has joined #bitcoin-assets | [21:46] |
DeadWeasel | nice to have a free server out there. | [21:46] |
DeadWeasel | i highly recommend it. | [21:46] |
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* | DeadWeasel has quit (Client Quit) | [21:47] |
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assbot | [MPEX] [S.MPOE] 4788 @ 0.00065209 = 3.1222 BTC [+] | [21:57] |
assbot | [MPEX] [S.MPOE] 2312 @ 0.00065503 = 1.5144 BTC [+] | [22:00] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065097 = 2.8128 BTC [-] | [22:00] |
assbot | [MPEX] [S.MPOE] 7517 @ 0.00065079 = 4.892 BTC [-] | [22:00] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065865 = 2.846 BTC [+] | [22:00] |
assbot | [MPEX] [S.MPOE] 60 @ 0.00065867 = 0.0395 BTC [+] | [22:01] |
assbot | [MPEX] [S.MPOE] 15900 @ 0.00065868 = 10.473 BTC [+] | [22:01] |
assbot | [MPEX] [S.MPOE] 4495 @ 0.00065935 = 2.9638 BTC [+] | [22:01] |
thestringpuller | ;;seen smickles | [22:02] |
gribble | smickles was last seen in #bitcoin-assets 6 days, 17 hours, 51 minutes, and 25 seconds ago: |
[22:02] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00065113 = 2.8135 BTC [-] | [22:09] |
assbot | [MPEX] [S.MPOE] 5929 @ 0.00065079 = 3.8585 BTC [-] | [22:09] |
DeadWEasel | it's so dead here today | [22:12] |
DeadWEasel | ;;slap deadweasel | [22:12] |
* | gribble slaps deadweasel with a luxurious triple plume | [22:12] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065107 = 2.8133 BTC [+] | [22:12] |
DeadWEasel | what can I do with an amazon web server? | [22:12] |
* | DeadWEasel is now known as DeadWeasel | [22:13] |
pigeons | same stuff you can do with any web server, comeon man | [22:13] |
pigeons | and its only free for a year by the way | [22:13] |
pigeons | and you pay for going over on I/O and stuff | [22:14] |
jurov | DeadWEasel, set up btctalk mirror | [22:17] |
burnside | AWS is only a good deal if you need to compute on and off (can shutdown machine when not in use) or if you need to be able to massively scale quickly. | [22:18] |
jurov | so that scumbags can't just remove posts | [22:18] |
burnside | for an always-on small server, there are way better deals out there. | [22:18] |
DeadWeasel | yeah, i'm just using to upgrade my sysadmin skills | [22:20] |
DeadWeasel | wanted something always on | [22:20] |
DeadWeasel | and it's free for a year | [22:20] |
DeadWeasel | so yeah, learning | [22:20] |
DeadWeasel | jurov: why? | [22:21] |
DeadWeasel | who wants to be on btctalk? | [22:21] |
jurov | i mean, it's easy to make mess on btctalk and then remove whole threads as if nothing happened | [22:21] |
jurov | if someone archived stuff, that couldn't happen | [22:22] |
* | Chilca has quit (Remote host closed the connection) | [22:25] |
DeadWeasel | nice though, might be a good learning tool | [22:28] |
assbot | [MPEX] [S.MPOE] 4160 @ 0.00065092 = 2.7078 BTC [-] | [22:31] |
assbot | [MPEX] [S.DICE] 95 @ 0.00612 = 0.5814 BTC [-] | [22:31] |
assbot | [MPEX] [S.DICE] 1905 @ 0.00612 = 11.6586 BTC [-] | [22:31] |
* | Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets | [22:34] |
pigeons | the hardest part about mirroring forums is not geting detected and blocked | [22:35] |
kakobrekla | thats not that hard. | [22:35] |
Namworld | Ah, I believe it is time for S.BVPS to get delisted. | [22:35] |
pigeons | no its not, but its easier than the scraping, storing and retrevial | [22:35] |
pigeons | *harder | [22:35] |
assbot | [MPEX] [S.MPOE] 4700 @ 0.00065079 = 3.0587 BTC [-] | [22:39] |
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mod6 | !ticker m s.mpoe | [22:54] |
assbot | [MPEX:S.MPOE] 1D: 0.000637 / 0.0006518 / 0.00066328 (874816 shares, 570.21 BTC), 7D: 0.0006153 / 0.00065288 / 0.0007 (18491986 shares, 12,073.07 BTC), 30D: 0.00059445 / 0.00066233 / 0.0007 (74190390 shares, 49,138.58 BTC) | [22:54] |
mod6 | !ticker m s.dice | [22:54] |
assbot | [MPEX:S.DICE] 1D: 0.006 / 0.00626871 / 0.0069 (112814 shares, 707.20 BTC), 7D: 0.00556183 / 0.00620172 / 0.0069 (1415112 shares, 8,776.14 BTC), 30D: 0.00085848 / 0.00581855 / 0.0075 (6759704 shares, 39,331.73 BTC) | [22:54] |
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mod6 | whats up :] | [22:58] |
thestringpuller | ;;seen smickles | [23:01] |
gribble | smickles was last seen in #bitcoin-assets 6 days, 18 hours, 50 minutes, and 46 seconds ago: |
[23:01] |
assbot | [MPEX] [S.MPOE] 1619 @ 0.00065092 = 1.0538 BTC [+] | [23:10] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065549 = 2.8324 BTC [+] | [23:10] |
assbot | [MPEX] [S.MPOE] 2907 @ 0.0006555 = 1.9055 BTC [+] | [23:10] |
* | toffoo (~tof@177.192.122.55) has joined #bitcoin-assets | [23:11] |
pigeons | https://btcjam.com/listings/1811 | [23:13] |
mod6 | yah smickles been afk for a minute | [23:15] |
Diablo-D3 | hrm | [23:17] |
Diablo-D3 | Namworld: yo | [23:17] |
* | burnside is now known as burnside_afk | [23:23] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065522 = 2.8312 BTC [-] | [23:25] |
assbot | [MPEX] [S.MPOE] 8440 @ 0.0006555 = 5.5324 BTC [+] | [23:25] |
assbot | [MPEX] [S.MPOE] 89 @ 0.00065687 = 0.0585 BTC [+] | [23:25] |
Namworld | lol, pigeoons... nice find | [23:29] |
* | [\] has quit (Read error: Connection reset by peer) | [23:34] |
assbot | [MPEX] [S.MPOE] 9088 @ 0.00065687 = 5.9696 BTC [+] | [23:38] |
assbot | [MPEX] [S.MPOE] 5700 @ 0.00065745 = 3.7475 BTC [+] | [23:38] |
assbot | [MPEX] [S.MPOE] 2458 @ 0.00065935 = 1.6207 BTC [+] | [23:38] |
assbot | [MPEX] [S.MPOE] 1851 @ 0.00066344 = 1.228 BTC [+] | [23:38] |
assbot | [MPEX] [S.MPOE] 18233 @ 0.00066478 = 12.1209 BTC [+] | [23:38] |
* | [\] (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets | [23:41] |
* | Jackmaninov has quit (Read error: Connection reset by peer) | [23:48] |
* | Jackmaninov (~Jackmanin@128.233.249.249) has joined #bitcoin-assets | [23:48] |
* | DeadWeaselX (~DeadWease@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets | [23:49] |
assbot | [MPEX] [S.MPOE] 24617 @ 0.00066478 = 16.3649 BTC [+] | [23:53] |
assbot | [MPEX] [S.MPOE] 3783 @ 0.00066511 = 2.5161 BTC [+] | [23:53] |
assbot | [MPEX] [S.MPOE] 1883 @ 0.00065085 = 1.2256 BTC [-] | [23:55] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065084 = 2.8123 BTC [-] | [23:55] |
assbot | [MPEX] [S.MPOE] 38543 @ 0.00065079 = 25.0834 BTC [-] | [23:55] |
assbot | [MPEX] [S.MPOE] 1053 @ 0.00065024 = 0.6847 BTC [-] | [23:55] |
* | DeadWeaselX has quit () | [23:57] |
Category: Logs