Forum logs for 17 Jan 2013

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

*	lautaro_ (~chippewa_@173-13-154-65-sfba.hfc.comcastbusiness.net) has joined #bitcoin-assets	[00:00]
mircea_popescu	in the unwarranted hope i'll settle. which i won't, so that's moot.	[00:00]
Bugpowder	nyRednek, fiat porfolio performance doesn't look like this, ever. http://i.imgur.com/idoM0.png	[00:00]
mircea_popescu	jesus.	[00:00]
mircea_popescu	you know what ? that looks like a ponzi.	[00:01]
nyRednek	mircea_popescu, well, what i just saw described is securities fraud...one wouldn't need to find a serpentine lawyer to deal with such	[00:01]
mircea_popescu	nyRednek i don't think you're at all qualified to discuss the topic.	[00:01]
Bugpowder	read the contract dude	[00:01]
mircea_popescu	Bugpowder i imagine he can't now, seeing how he wasn't there at the time and prolly doesn't have a copy.	[00:01]
Namworld	I have a copy	[00:02]
Namworld	It says almost nothing	[00:02]
mircea_popescu	someone shoul;d put a copy on pastebin or /we	[00:02]
Bugpowder	I probably lost more on F.GIGA.ETF then everyone else put together	[00:02]
Luke-Jr	Bugpowder: just because it's in a contract doesn't make it legal	[00:02]
smickles	http://polimedia.us/trilema/2013/sbvps-delisting-notice/#footnote_3_45492 << woah, what?	[00:02]
nyRednek	Buglouse, ponzi scheme?	[00:02]
mircea_popescu	it's funny, cause actually mpoe/mpex largest loss was the ~4k btc in august	[00:03]
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assbot	[MPEX] [S.DICE] 577 @ 0.00525471 = 3.032 BTC [+]	[00:03]
assbot	[MPEX] [S.DICE] 250 @ 0.0052977 = 1.3244 BTC [+]	[00:03]
mircea_popescu	smickles what's the q ?	[00:03]
Bugpowder	nyRednek, just my personal BTC performance chart	[00:03]
Bugpowder	mostly due to stock price appreciation	[00:03]
nyRednek	Buglouse, again, looks like a ponzi started paying	[00:04]
Bugpowder	missed a few opportunites	[00:04]
mircea_popescu	poor Buglouse.	[00:04]
nyRednek	Bugpowder, i mean	[00:04]
Bugpowder	not ponzi, just supply and demand imbalance	[00:04]
Bugpowder	which we are seeing RIGHT NOW with S.DICE	[00:04]
mircea_popescu	Bugpowder no, seriously, it looks totally like a ponzi	[00:04]
Bugpowder	http://live.coinbr.com/?mpsic=S.DICE	[00:04]
nyRednek	mircea_popescu, that's what it looked like to me	[00:04]
Bugpowder	It is unsustainable for sure	[00:05]
mircea_popescu	i think the problem with btc finance is that people have a crazy time curve.	[00:05]
mircea_popescu	nobody wanted to buy at 32 cause o, 10mn stocks.	[00:05]
Luke-Jr	guess it'll take Erik's arrest to crash S.DICE :/	[00:05]
mircea_popescu	then that sold out, little by little, now they pay 50 ?! 60 ?	[00:05]
Bugpowder	yeah	[00:05]
Bugpowder	that is the risk	[00:05]
mircea_popescu	nyRednek it looks the same to me too. it's what it looks like.	[00:05]
mircea_popescu	Luke-Jr pestering erik atm is the single most damaging thing that can happen to bitcoin.	[00:06]
Luke-Jr	Bugpowder: it's more of an inevitable certainty than a risk, really	[00:06]
Bugpowder	passthru's are removing stock from the market	[00:06]
Luke-Jr	mircea_popescu: no, Erik is damaging to bitcoin	[00:06]
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mircea_popescu	Luke-Jr i don't mean the imaginary bitcoin you jack off to.	[00:06]
mircea_popescu	i mean the actual, useful thing.	[00:06]
Bugpowder	Luke-Jr I wouldn't say inevitable. but definitely possible	[00:06]
Luke-Jr	Bugpowder: he's in New York. running an online gambling site. openly. as he writes anti-government rants.	[00:06]
assbot	[MPEX] [S.DICE] 300 @ 0.00569016 = 1.707 BTC [+]	[00:07]
Luke-Jr	Bugpowder: how is that NOT inevitable?	[00:07]
mircea_popescu	thought he was in nh	[00:07]
Bugpowder	WOW	[00:07]
nyRednek	Luke-Jr, oh, he's going to prison	[00:07]
nyRednek	Luke-Jr, not a question of if, but when	[00:07]
Bugpowder	its bitcoin	[00:07]
mircea_popescu	what's with you people and prison.	[00:07]
smickles	really? satoshidice isn't a 'merican company?	[00:07]
mircea_popescu	there's this penitentiary obsession in the us or what	[00:07]
Luke-Jr	mircea_popescu: I'm pretty sure you're the minority anarchist nutcase.	[00:07]
smickles	why would the operator go to prison?	[00:07]
assbot	[MPEX] [S.DICE] 1000 @ 0.00569016 = 5.6902 BTC [+]	[00:07]
Bugpowder	linden dollars are convertible	[00:07]
Luke-Jr	smickles: NY is America…	[00:08]
nyRednek	smickles, promoting gambling is a federal offense	[00:08]
mircea_popescu	Luke-Jr that certainty is easy to reach if you stick to people who agree with you.	[00:08]
Luke-Jr	Bugpowder: which is why Linden Labs had to remove all random from Second Life	[00:08]
nyRednek	smickles, doesn't matter where the company is based	[00:08]
smickles	Luke-Jr: but satoshidice is registered in ireland or something like that	[00:08]
Luke-Jr	smickles: I doubt anyone cares.	[00:08]
nyRednek	smickles, doesn't matter if the online gambling is legal in jurisdiction that it is based in	[00:08]
Bugpowder	I love how the price keeps going up during this discussion	[00:08]
assbot	[MPEX] [S.DICE] 500 @ 0.00569016 = 2.8451 BTC [+]	[00:08]
Bugpowder	!ticker m s.dice	[00:09]
nyRednek	smickles, if an american promotes online gambling in any way, it is a federal offense	[00:09]
assbot	[MPEX:S.DICE] 1D: 0.00454703 / 0.00477482 / 0.00569016 (1080790 shares, 5,160.58 BTC), 7D: 0.00449034 / 0.0047035 / 0.00569016 (2770063 shares, 13,029.00 BTC), 30D: 0.0014 / 0.0037207 / 0.00569016 (11858048 shares, 44,120.28 BTC)	[00:09]
mircea_popescu	nyRednek do you really think anyone cares what the us thinks about anything ?	[00:09]
nyRednek	mircea_popescu, well, american residents should	[00:09]
smickles	nyRednek: can you point me to that law pleas :)	[00:09]
Luke-Jr	nyRednek: srsly?	[00:09]
Bugpowder	nyRednek, federal or state?	[00:09]
nyRednek	Bugpowder, federal	[00:09]
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mircea_popescu	Bugpowder he's confused. there's the using banking for gambling federal thing.	[00:09]
Bugpowder	The NY dude that got arrested recently was state	[00:09]
Luke-Jr	nyRednek: so like, if I tell people about other not-DDoSing-Bitcoin gambling sites to use instead of SD, I'm in trouble? :o	[00:09]
nyRednek	Luke-Jr, maybe	[00:10]
mircea_popescu	Luke-Jr not rly. but you won't go anywhere. the model works like this because it's sound like this.	[00:10]
mircea_popescu	this is what bitcoin exists to do.	[00:10]
mircea_popescu	you coder people, instead of arguing with your implicit boss, should just stfu and go to work	[00:10]
nyRednek	a guy was arrested recently who just sold software to gambling sites	[00:10]
mircea_popescu	to make what needs to be done be done.	[00:10]
*	lautaro (~chippewa_@67-203-147-98.static-ip.telepacific.net) has joined #bitcoin-assets	[00:10]
mircea_popescu	nyRednek that was the most embarrasing botched conspiracy to pervert the course of justice ever	[00:10]
mircea_popescu	it wouldn't surprise me if the das involved end up in jail.	[00:11]
Bugpowder	law I believe	[00:11]
nyRednek	mircea_popescu, it doesn't work that way here	[00:11]
smickles	no link or code # for the law?	[00:11]
Bugpowder	NY though	[00:11]
mircea_popescu	nyRednek how would you know how it works there ?	[00:11]
Bugpowder	inden_Lab_Official:Policy_Regarding_Wagering_in_Second_Life	[00:11]
Bugpowder	that was state	[00:11]
Bugpowder	http://wiki.secondlife.com/wiki/Linden_Lab_Official:Policy_Regarding_Wagering_in_Second_Life	[00:11]
Bugpowder	yeah	[00:11]
Bugpowder	oops	[00:11]
nyRednek	mircea_popescu, i've been on the receiving end of ill-executed criminal justice efforts	[00:12]
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Luke-Jr	Bugpowder: FBI basically forced that FWIW	[00:12]
mircea_popescu	eyah, well, that may not give you the best perspective i guess.	[00:12]
nyRednek	mircea_popescu, and beat it	[00:12]
smickles	also, arrested/shut down != illegal	[00:12]
mircea_popescu	not particularly hard a thing to do, but certainly exhilirating in any case.	[00:12]
*	lautaro_ (~chippewa_@173-13-154-65-sfba.hfc.comcastbusiness.net) has joined #bitcoin-assets	[00:12]
nyRednek	mircea_popescu, any attorney who acts "in good faith" is covered under sovereign immunity	[00:13]
mircea_popescu	if he acts in good faith	[00:13]
assbot	[MPEX] [S.MPOE] 13900 @ 0.00065568 = 9.114 BTC [-]	[00:13]
assbot	[MPEX] [S.MPOE] 5200 @ 0.00065423 = 3.402 BTC [-]	[00:13]
assbot	[MPEX] [S.DICE] 83 @ 0.00569017 = 0.4723 BTC [+]	[00:13]
assbot	[MPEX] [S.DICE] 200 @ 0.00569016 = 1.138 BTC [-]	[00:13]
assbot	[MPEX] [S.DICE] 500 @ 0.00539589 = 2.6979 BTC [-]	[00:13]
assbot	[MPEX] [S.DICE] 217 @ 0.00539588 = 1.1709 BTC [-]	[00:13]
Bugpowder	DUMP	[00:13]
nyRednek	"in good faith" is hard to disprove	[00:13]
mircea_popescu	threatening a honest citizen with unwarranted prosecution if he refuses to break the law will be a tough sell as good faith.	[00:14]
mircea_popescu	and good faith is not always presumed.	[00:14]
nyRednek	mircea_popescu, and is generally established by affidavit	[00:14]
mircea_popescu	anyway. that arrest is possibly the worst setback for gambling prosecution in the past year or two.	[00:14]
*	lautaro has quit (Ping timeout: 252 seconds)	[00:15]
mircea_popescu	wait.	[00:15]
mircea_popescu	it sold DOWN from 65 ?	[00:15]
assbot	[MPEX] [S.DICE] 1650 @ 0.00546657 = 9.0198 BTC [+]	[00:15]
mircea_popescu	motherfucker wow.	[00:15]
mircea_popescu	Bugpowder update in the ponzi graph ? lol	[00:15]
Bugpowder	naw it got fucked up	[00:16]
Bugpowder	I cornered the market this morning	[00:16]
Bugpowder	then fatfingered it all away	[00:16]
Bugpowder	not all	[00:16]
nyRednek	yeah, dumping s.dice through my proxy, as well...give it an hour and it'll be a little lower	[00:16]
Bugpowder	but a lot	[00:16]
smickles	nyRednek: did you mean 31 USC section 5361ish?	[00:17]
nyRednek	smickles, sounds right	[00:17]
assbot	[MPEX] [S.DICE] 500 @ 0.005807 = 2.9035 BTC [+]	[00:17]
assbot	[MPEX] [S.DICE] 3100 @ 0.0058077 = 18.0039 BTC [+]	[00:17]
assbot	[MPEX] [S.DICE] 6400 @ 0.00598999 = 38.3359 BTC [+]	[00:17]
Bugpowder	o-)	[00:17]
mircea_popescu	http://live.coinbr.com/?mpsic=S.DICE	[00:17]
mircea_popescu	that looks epic, srsly.	[00:17]
smickles	nyRednek: i'm looking thru it again, but that doesn't make it illegal to promote gambling	[00:18]
Bugpowder	so does this	[00:18]
Bugpowder	http://mpex.co/?mpsic=S.DICE	[00:18]
mircea_popescu	Bugpowder remember that 18 dump ?	[00:18]
Bugpowder	yah	[00:18]
mircea_popescu	man...	[00:19]
assbot	[MPEX] [S.MPOE] 10750 @ 0.00065423 = 7.033 BTC [-]	[00:19]
smickles	nyRednek: it makes it illeagal to accept money for online gambling, it seems	[00:19]
Luke-Jr	mircea_popescu: j/w, but why do you care about what contracts say at all?	[00:19]
assbot	[MPEX] [S.MPOE] 4950 @ 0.00064989 = 3.217 BTC [-]	[00:20]
smickles	and is the only federal online gambling law i've yet read	[00:20]
mircea_popescu	Luke-Jr http://polimedia.us/trilema/2012/gpg-contracts/	[00:20]
mircea_popescu	it's an entire philosophy	[00:20]
nyRednek	smickles, current prosecution is going after software vendors who code software used by online gambling sites	[00:20]
Luke-Jr	mircea_popescu: tl;dr	[00:20]
mircea_popescu	well if you tl;dr you won't know.	[00:20]
smickles	nyRednek: not under that law, i'm sure	[00:20]
Luke-Jr	I'm not curious enough to read that long thing	[00:21]
Luke-Jr	which seems to be focussed on more than just the question	[00:21]
mircea_popescu	no biggy	[00:21]
smickles	can you help me find the law that those people are breaking?	[00:21]
*	Bugpowder_ (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets	[00:21]
nyRednek	smickles, i'll look, it might actually be in the new york code	[00:21]
mircea_popescu	smickles his generalisation is unwarranted. one particular da's dirty got blown in the open is all.	[00:21]
nyRednek	cause it's being prosecuted here in NY	[00:21]
Bugpowder_	yes	[00:21]
Bugpowder_	that is what i said	[00:21]
Bugpowder_	5 minutes ago	[00:21]
smickles	nyRednek: wait, NY is shutting down an AZ company?	[00:22]
smickles	wtf?	[00:22]
smickles	why don't they just keep doing business	[00:22]
Bugpowder_	!ticker m s.dice	[00:22]
assbot	[MPEX:S.DICE] 1D: 0.00454703 / 0.00478731 / 0.00598999 (1087457 shares, 5,206.00 BTC), 7D: 0.00449034 / 0.00470862 / 0.00598999 (2782713 shares, 13,102.74 BTC), 30D: 0.0014 / 0.00372295 / 0.00598999 (11870698 shares, 44,194.02 BTC)	[00:22]
smickles	it'd have to be a federal law	[00:22]
mircea_popescu	smickles i presume cause nobody wants to do business with them anymore because nobody's sure if they have or haven't backdoored	[00:22]
dub	since when has law been a basis for the justice system anyway?	[00:22]
smickles	mircea_popescu: the article i just skimmed said that the ny judge 'shut them down'	[00:23]
smickles	'legally'	[00:23]
mircea_popescu	um ?	[00:23]
dub	next you'll tell me there are constitutional rights or something euqlly crazy	[00:23]
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mircea_popescu	dub yes, you have the right to free rectal examinations with any airline ticked bought.	[00:23]
mircea_popescu	think of the children.	[00:23]
dub	oh they were	[00:23]
mircea_popescu	has anyone noticed the big move today, ie germany taking its gold back from ny ?	[00:24]
nyRednek	smickles, i was assuming it was a federal law, as well, due to the interstate nature of the order	[00:24]
dub	gold, pff, call me when they take the palladium	[00:24]
mircea_popescu	why ?	[00:25]
dub	cheap pirate joke	[00:25]
nyRednek	well, gold is worth more than platinum atm, so...yeah	[00:25]
assbot	[MPEX] [S.MPOE] 11510 @ 0.00066014 = 7.5982 BTC [+]	[00:26]
assbot	[MPEX] [S.MPOE] 11474 @ 0.00066181 = 7.5936 BTC [+]	[00:26]
dub	palladium is the new hotness with the hookers and blow set	[00:26]
mircea_popescu	"I've survived entirely on bitcoin for a whole year. "	[00:26]
mircea_popescu	dude this is getting old.	[00:26]
mircea_popescu	bitcoin scammer runs off with w/e	[00:26]
mircea_popescu	then three, six months later is back	[00:27]
smickles	nyRednek: http://www.wired.com/images_blogs/threatlevel/2012/12/StuartIndictment_BillofParticulars.pdf	[00:27]
mircea_popescu	"o, sorry, i has no marketable skills other than selling you ppl's bitcoinz. pls to take me back"	[00:27]
mircea_popescu	what the fuck is this shit!	[00:27]
dub	its MNW	[00:27]
dub	enough said	[00:27]
mircea_popescu	lambert was here recently too	[00:27]
mircea_popescu	sorta smarmy on the forum, giving opinions	[00:27]
assbot	[MPEX] [S.MPOE] 11934 @ 0.00066181 = 7.898 BTC [+]	[00:28]
assbot	[MPEX] [S.MPOE] 1533 @ 0.00066182 = 1.0146 BTC [+]	[00:28]
mircea_popescu	in six months muppets a la eskimoblob will be all pleased to interact and exchange opinions and pats on the back	[00:28]
assbot	[MPEX] [S.MPOE] 933 @ 0.00066525 = 0.6207 BTC [+]	[00:28]
mircea_popescu	ridiculous.	[00:28]
dub	PH has been posting around under ppt-pr	[00:28]
mircea_popescu	right.	[00:28]
mircea_popescu	it's like... pfff.	[00:28]
smickles	nyRednek: so it's ny pen. law 225.10	[00:29]
smickles	not federal law	[00:29]
mircea_popescu	That brings me to the final point. I initially intended to teach the community a lesson about trust, I did not expect anyone to really take the bets and thus I did not expect to keep any profits. As the bets grew though, I was tempted with greed and I fell into a trap.	[00:29]
nyRednek	smickles, right...looks like that's the search warrant	[00:29]
mircea_popescu	fucking ridiculous narrative. from 1910 onwards, the same soup of the puritan-contrite criminal	[00:29]
mircea_popescu	"o, i fell into a trap"	[00:29]
mircea_popescu	he fell into his mother.	[00:30]
Bugpowder_	he should probably be arrested under ny pen. law 225.10	[00:30]
JWU_42	had to down rate rg	[00:30]
JWU_42	after seeing the delisting announcement	[00:31]
mircea_popescu	that's a point	[00:31]
MadSweeney	makomk malaimo markedathome maximian midnightmagic MiningBuddy- mircea_popescu mod6	[00:31]
mircea_popescu	;;eauth mircea_popescu	[00:31]
gribble	Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452	[00:31]
jcpham	;;unrate rg	[00:31]
gribble	Successfully removed your rating for rg.	[00:31]
smickles	mircea_popescu: did rg actually release his keys?	[00:31]
mircea_popescu	;;everify freenode:#bitcoin-otc:f3a98fc18f7f44dfc4e108c87e1cfd5aa354d8f1497ec4c17d11c7e2	[00:31]
gribble	You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452	[00:31]
mircea_popescu	smickles from what i heard.	[00:31]
assbot	[BTCTC] [COGNITIVE] 3 @ 0.43 = 1.29 BTC [-]	[00:31]
mircea_popescu	;;rate rg -1 from what I understand person no longer has sole control of private key.	[00:32]
gribble	Rating entry successful. Your rating for user rg has changed from 3 to -1.	[00:32]
smickles	mircea_popescu: he'd have to have, for arji and them to pay divs, right?	[00:32]
mircea_popescu	smickles logically, yes.	[00:32]
smickles	;;rate rg -10 gave away his private keys	[00:32]
gribble	Error: For identification purposes, you must be identified via GPG to use the rating system.	[00:32]
mircea_popescu	smickles mind that the system dioes not actually verify ownership	[00:32]
mircea_popescu	it's not hard proof in that sense.	[00:33]
assbot	[MPEX] [S.BVPS] 9761 @ 0.00130005 = 12.6898 BTC [-]	[00:33]
assbot	[MPEX] [S.BVPS] 739 @ 0.0002 = 0.1478 BTC [-]	[00:33]
Bugpowder_	YAY1	[00:34]
mircea_popescu	what, you were buying ?	[00:34]
Bugpowder_	was waiting to see if the .0002 would get hit	[00:34]
Bugpowder_	f no	[00:34]
Bugpowder_	just like to see the last gasp of a dying creature	[00:34]
*	arij (~arij@unaffiliated/arij) has joined #bitcoin-assets	[00:34]
mircea_popescu	!ticker m s.bvps	[00:34]
assbot	[MPEX:S.BVPS] 1D: 0.0002 / 0.00122262 / 0.00130005 (10500 shares, 12.84 BTC), 7D: 0.0002 / 0.00131668 / 0.00635541 (10696 shares, 14.08 BTC), 30D: 0.0002 / 0.00243135 / 0.00635541 (23929 shares, 58.18 BTC)	[00:34]
assbot	[BTCTC] [BTC-GOLD] 1 @ 0.0433 BTC [+]	[00:34]
mod6	;;unrate rg	[00:35]
gribble	Successfully removed your rating for rg.	[00:35]
smickles	arij: how were ya'll able to pay s.bvps dividends?	[00:35]
arij	For December?	[00:36]
smickles	well, at all. I mean how were you able to run the command on mpex?	[00:36]
smickles	it's something that just recently poped on my interest meter	[00:36]
mircea_popescu	ny has some funny class e felonies. "Promoting a suicide attempt". "Stalking in the second degree". "Abortion in the second degree". "Female genital mutilation". "Substitution of children". "Computer trespass". "Welfare fraud in the fourth degree".	[00:37]
mircea_popescu	etc	[00:37]
dub	substitution of children?	[00:37]
mircea_popescu	Rent gouging, Unlawfully concealing a will, Unlawful possession of personal identification information in the second degree	[00:37]
arij	Nam was taking care of that, I've never personally used mpex	[00:37]
mircea_popescu	Rewarding official misconduct in the second degree. like what, voting ?	[00:37]
Namworld	smickles: rg gave his gpg keys	[00:38]
mircea_popescu	http://ypdcrime.com/penal.law/e_felonies.htm list really kicks ass.	[00:38]
dub	theres some bylaw in our capital that hotels must provide horse tethering facilities	[00:38]
smickles	Namworld: ah, that's too bad	[00:38]
mircea_popescu	Unlawfully dealing with fireworks	[00:38]
*	lautaro_ has quit (Remote host closed the connection)	[00:38]
jcpham	that means he has no interest in WoT	[00:38]
smickles	;;eauth	[00:38]
gribble	(eauth ) -- Initiate authentication for user . You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.	[00:38]
smickles	;;eauth smickles	[00:38]
gribble	Request successful for user smickles, hostmask smickles!~smickles@mostofmany.com. Get your encrypted OTP from http://bitcoin-otc.com/otps/EA62D7CEB2450C3F	[00:38]
Namworld	He's gone gone	[00:38]
mircea_popescu	jcpham pretty crazy, isn't it.	[00:38]
mod6	what keys	[00:38]
jcpham	yes	[00:38]
smickles	;;everify freenode:#bitcoin-otc:8926d9daa6911895a4b7dfc67516b590f01432eae6b601b77780a3c8	[00:39]
gribble	You are now authenticated for user smickles with key EA62D7CEB2450C3F	[00:39]
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mod6	err, sorry. what keys were given out? i've been ill so im just trying to catch up	[00:39]
jcpham	the private key to his gpg identity	[00:39]
mod6	wat	[00:39]
smickles	;;rate rg -10 gave away his private key	[00:39]
gribble	Rating entry successful. Your rating for user rg has changed from 2 to -10.	[00:39]
nyRednek	;;getrating rg	[00:39]
gribble	WARNING: Currently not authenticated. User rg, rated since Sun Jun 5 10:39:49 2011. Cumulative rating 321, from 159 total ratings. Received ratings: 156 positive, 3 negative. Sent ratings: 148 positive, 17 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=rg	[00:39]
mircea_popescu	nyRednek he was well known for a long time.	[00:40]
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nyRednek	mircea_popescu, so it seems	[00:40]
nyRednek	so which security is he running?	[00:40]
arij	He can easily verify his identity and get a new gpg key	[00:40]
smickles	Namworld, arij i'd like you know that I don't fault you guys for using the keys tho	[00:40]
mircea_popescu	was, s.bvps	[00:40]
arij	No need to neg rate :/	[00:41]
jcpham	i unrate drama cases	[00:41]
jcpham	sad news though about thgpg key	[00:41]
jcpham	he was in -otc the other day	[00:42]
jcpham	grubles too	[00:42]
mircea_popescu	i guess people just don't realise that's the absolute limit of what you can't do.	[00:42]
mod6	yeah i saw that	[00:42]
jcpham	i bought some silver from grubles	[00:42]
jcpham	after i made him auth	[00:43]
assbot	[MPEX] [S.DICE] 206 @ 0.00539588 = 1.1116 BTC [-]	[00:43]
mod6	;;rate rg -5 Gave away private key to WoT account. And this: http://polimedia.us/trilema/2013/sbvps-delisting-notice	[00:43]
gribble	Rating entry successful. Your rating of -5 for user rg has been recorded.	[00:43]
mod6	That's the first neg rating i've given out. I'd like to hear from rg about all of this though.	[00:44]
dub	I doubt he gives a shit	[00:44]
smickles	the whole idea of using gpg with the wot revolved around contracts, if he gave his personal signing ability to someone else, i can't be sure that any contract I sign with that key has ever been "real"	[00:44]
jcpham	right	[00:44]
mod6	totally	[00:44]
jcpham	big no-no	[00:45]
mircea_popescu	yeah, keeping private keys private is capital.	[00:45]
mod6	without that, we're lost	[00:45]
Namworld	He gave it strictly on account he had to leave BitVPS to someone else.	[00:45]
assbot	[MPEX] [O.BTCUSD.C130T] 1 @ 0.11872201 BTC [-]	[00:45]
mircea_popescu	Namworld i understand there's no ill will.	[00:45]
jcpham	no one is blaming you guys	[00:45]
jcpham	rg should've known better or known the ramications	[00:45]
arij	D:	[00:45]
jcpham	should the WoT discover this	[00:46]
smickles	mircea_popescu: couldn't the account priviges have been transferred?	[00:46]
mircea_popescu	jcpham or at least asked.	[00:46]
smickles	(to another key)	[00:46]
mod6	did he just hand it over so you could access his mpex account with the remaining shares?	[00:46]
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mircea_popescu	smickles no. that's the entire idea of mpex. that you can't just pass things around.	[00:46]
assbot	[MPEX] [O.BTCUSD.P130T] 1 @ 0.03844519 BTC [+]	[00:46]
*	sgornick (~steve@unaffiliated/sgornick) has joined #bitcoin-assets	[00:46]
Namworld	mod6, pretty much	[00:46]
mircea_popescu	you make a company, it's yours. shareholders can't kick you out. you can't "sell" your interest.	[00:46]
mircea_popescu	company may be acquired, sure, but as a corp merger or somesuch.	[00:46]
mod6	ahh. he should have just used PUSH and he could have avoided a lot of issues	[00:47]
Namworld	What about dividends?	[00:47]
mircea_popescu	mod6 basically he decided he'll do something that couldn't be done contractually	[00:47]
mircea_popescu	and just charged ahead with it.	[00:47]
mod6	:(	[00:47]
mircea_popescu	which is possibly the only part i'd complain about it. not like im not fucking here all the rtime	[00:47]
mircea_popescu	or i charge a bitcoin per line to advise or anything.	[00:47]
mod6	yeah, everything that happened wasn't really allowed by the contract	[00:47]
assbot	[MPEX] [S.MPOE] 18050 @ 0.00064635 = 11.6666 BTC [-]	[00:48]
MadSweeney	makomk malaimo markedathome maximian midnightmagic MiningBuddy- mircea_popescu mod6	[00:48]
mircea_popescu	so just how fucking hard it is to go /query mircea_popescu hey dude here's what i want to do, does it work how should i do it	[00:48]
mod6	right. everytime i have a question or something, you're there pretty quick to help	[00:48]
mod6	i don't know what the problem was there	[00:48]
mircea_popescu	i imagine a large part of the problem was that bvps suddenly seemed very small, in btc terms	[00:49]
mircea_popescu	and so not really a priority or anything	[00:49]
smickles	nyRednek: in order for that software dev to be convicted, the code he wrote would have to be 'bookmaking' (in the gambling sense ) software	[00:50]
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smickles	or	[00:51]
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smickles	apparently, reciving gambled money is promoting gambling in the first degree	[00:51]
Bugpowder_	he made a tool that allows others to run a site	[00:52]
smickles	i wonder if that means that any shareholder of S.DICE is breaking this law	[00:52]
Bugpowder_	DA can charge	[00:52]
Bugpowder_	can he convict?	[00:52]
Bugpowder_	most people don't want to take the risk	[00:52]
Bugpowder_	of a fight	[00:52]
mircea_popescu	Bugpowder_ which is how the system works, over there.	[00:52]
smickles	also, did you notice that not talking to the cops can get you convicted of murder?	[00:53]
smickles	well, it's up to the supreme court anyway	[00:53]
mircea_popescu	o they picked it ?!	[00:53]
nyRednek	smickles, one or the other, i'm not following the case as closely as i should, tbh	[00:53]
smickles	boils down to a cop saying "hey, your not under arrest, but is it possible that those shotgunshells at the murder scene are yours?"	[00:54]
smickles	you don't answer, your're a murder	[00:54]
smickles	*er	[00:54]
assbot	[MPEX] [S.MPOE] 3944 @ 0.000647 = 2.5518 BTC [+]	[00:54]
mircea_popescu	lol	[00:54]
mircea_popescu	wtf bs is that ?	[00:54]
nyRednek	Bugpowder_, new york jurors don't have as much reasonable doubt as one should, tbh	[00:54]
smickles	the bs is they say it's not covered by the 5th b/c he wasn't under arrest YET	[00:54]
mircea_popescu	AHAHAHA	[00:55]
mircea_popescu	anyone actually takes that seriously ?	[00:55]
nyRednek	smickles, sounds about right	[00:55]
dub	this is why we don't live in 'murica	[00:55]
mircea_popescu	i guess that's why they like a lot of them "low information voters" around.	[00:55]
nyRednek	smickles, also, in indiana, cops don't have to knock and announce before executing a search warrant	[00:55]
smickles	now i'm spooked by the last time I was pulled over, and didn't say a wort to the cop	[00:55]
dub	lol what did you do?	[00:56]
smickles	nyRednek: in missouri they come in and shoot your pomeranian	[00:56]
mircea_popescu	he was transporting a 720lb torpedo	[00:56]
nyRednek	smickles, the best vague answer, "i don't know what you're talking about, officer"	[00:56]
mircea_popescu	atop his converted dodge	[00:56]
smickles	dub: I was driving	[00:56]
dub	smickles: yeah what did you do during the interaction	[00:56]
dub	you just handed over ID and pretended to be mute?	[00:57]
smickles	dub: politely smiled and let him talk	[00:57]
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mircea_popescu	i wonder what sort of misdemeanor it is if you just jack off while the cop tries to talk to you	[00:57]
nyRednek	mircea_popescu, that's disorderly conduct	[00:57]
jcpham	public indecency i suppose	[00:57]
dub	mircea_popescu: rape no doubt	[00:57]
mircea_popescu	nyRednek i would have imagined not speaking english is disorderly conduct	[00:57]
smickles	dub: he claimed that I had a tail light out, it wasn't true, so he gave me an 'unwritten warning'	[00:58]
mircea_popescu	(or spanish)	[00:58]
jcpham	definitely rape if semen touches the cop	[00:58]
mircea_popescu	jcpham what if clothes but no cop ?	[00:58]
nyRednek	well, in NYC, it's disorderly conduct...it's assaulting an officer if semen touches	[00:58]
mircea_popescu	improper textile soiling in the 3rd degree ?	[00:58]
jcpham	clothes might count	[00:58]
dub	mircea_popescu: unlicensed sperm odnation	[00:58]
nyRednek	same as spitting on a cop...assault	[00:58]
dub	donation*	[00:58]
jcpham	maybe the clothes is just sexual assault	[00:58]
jcpham	i think ejaculating on an officer might be felony territory	[00:59]
smickles	WTF is this zamboni game on google?!?	[00:59]
mircea_popescu	i would guess it'd depend if they enjoyed it	[00:59]
jcpham	ha	[00:59]
nyRednek	felonious assault of an officer	[00:59]
nyRednek	same as screaming, "i'm gonna fuck you up, piggy"	[01:00]
mircea_popescu	the lonious assault of an officer if you play that shit too loud	[01:00]
dub	smickles: I asked my canukistani friend if it signified anything, apparently not	[01:00]
mircea_popescu	threatening is assault now ?	[01:00]
nyRednek	mircea_popescu, threatening has always been assault	[01:01]
dub	yeah	[01:01]
nyRednek	mircea_popescu, when you strike, it's battery	[01:01]
mircea_popescu	apprehension yeah	[01:01]
smickles	it has to be an earnest threat to be assult tho	[01:01]
mircea_popescu	right you are.	[01:01]
smickles	otherwise, it's bullying	[01:02]
jcpham	like if i threaten to kill you i need to own a weapon first?	[01:02]
jcpham	or the threat of death is enough	[01:02]
smickles	which is usually illegal now too (bullying)	[01:02]
jcpham	:-)	[01:02]
nyRednek	jcpham, threat of death is enough for assault, terroristic threatening	[01:02]
nyRednek	smickles, that was a stupid law that apportioned activity that was already covered by the penal code	[01:02]
jcpham	but what if i have down's syndrome and i'm not actually a threat	[01:03]
mircea_popescu	think of the children!	[01:03]
smickles	jcpham: well, as I understand it, you can threaten to kill all you want if its a joke, but proving it's a joke can be tricky in some situations	[01:03]
nyRednek	redundant sections of the penal code should be excised	[01:03]
jcpham	i've never made a death threat that i know of	[01:04]
smickles	nyRednek: you suffer from the is/ought distinction	[01:04]
smickles	jcpham: you threatent to pay me once, i've got it in writing	[01:04]
nyRednek	redundant sections of law in general need to be excised, at all levels	[01:04]
smickles	iirc, you made good on the threat too :P	[01:04]
jcpham	payment threats	[01:04]
mircea_popescu	nyRednek ideally, the law should fit in fifty pages.	[01:04]
mircea_popescu	that's how i'd have it. you want to make a new law ? gotta wipe old one first, make space.	[01:05]
mircea_popescu	you get 64kb.	[01:05]
nyRednek	mircea_popescu, maybe not fifty pages, but less than a full library of volumes	[01:05]
mircea_popescu	fifty pages	[01:05]
jcpham	all lwas ought to fit in 640k of RAM	[01:05]
mircea_popescu	so that highschoolers can be required to know the whole law by heard	[01:05]
mircea_popescu	or else not graduate.	[01:05]
smickles	mircea_popescu: then law will grow at a rate = to compression tech	[01:05]
mircea_popescu	compression is finite.	[01:05]
mircea_popescu	and also not allowed.	[01:05]
nyRednek	hell, definitions don't fit in 50 pages	[01:06]
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mircea_popescu	64kb of [azAz09.-]	[01:06]
mircea_popescu	nyRednek tough.	[01:06]
smickles	noone yet congratulated me on my creation of another person :\|	[01:07]
mircea_popescu	o ?	[01:07]
mircea_popescu	congrats!	[01:07]
mircea_popescu	cigar or no cigar ?	[01:07]
nyRednek	hell, the 1783 treaty of paris didn't fit in 50 pages	[01:08]
mircea_popescu	nyRednek tough.	[01:08]
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smickles	mircea_popescu: http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L18030781&type=L.L.C.	[01:08]
nyRednek	smickles, i've done it a few times, you have my sympathies	[01:08]
mircea_popescu	if ignorance of the law is no defence then the law fits in 64kb	[01:08]
mircea_popescu	smickles a hehe that kind. well grats nonetheless	[01:08]
smickles	:D	[01:08]
smickles	the next real person should be coming around may	[01:09]
mircea_popescu	let people add to the 64kb through private contract if they want to.	[01:09]
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smickles	and a cigar would be in order if all goes well	[01:09]
nyRednek	oh, contract law is an entirely new matter	[01:09]
nyRednek	as is common law	[01:09]
nyRednek	and case law	[01:09]
nyRednek	case law being precedent set by court rulings as to the proper interpretation of law	[01:10]
smickles	i don't like that idea	[01:10]
nyRednek	smickles, which idea?	[01:11]
nyRednek	many of our legal conventions are handed down by precedent	[01:11]
smickles	that the first interpretation should necessarily affect any following	[01:11]
nyRednek	unless you live under napoleonic code, which throws legal precedent out the window	[01:12]
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smickles	mircea_popescu: that's romania, right?	[01:12]
smickles	vampires and such	[01:12]
nyRednek	smickles, but, in reality, the english system follows the construct of legal precedent	[01:12]
nyRednek	smickles, otherwise, we'd have no interpreted right to privacy	[01:13]
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mircea_popescu	most of europe, including romania yes.	[01:13]
mircea_popescu	but there's still a version of precedent used, just... differently.	[01:13]
jcpham	smickles you got your license on my birthday	[01:15]
jcpham	you don't have to thank me though	[01:15]
nyRednek	iirc, doe v bolton, 1973	[01:15]
smickles	jcpham: It will foever be known as jcpham day in the company by-laws	[01:16]
jcpham	hahaha	[01:16]
smickles	also, there's no business license yet, the company had to be formed before it could see one of those	[01:17]
smickles	there's a federal tax id tho	[01:17]
smickles	s/see/seek/	[01:17]
jcpham	cool beans	[01:17]
mod6	nice smickles!	[01:19]
mod6	(on the LLC)	[01:19]
nyRednek	sorry, it was row v wade, 1973	[01:19]
assbot	[MPEX] [S.MPOE] 12200 @ 0.00066525 = 8.1161 BTC [+]	[01:20]
mircea_popescu	heh you mean that wasn't just bait ?	[01:21]
smickles	mod6: thanks :)	[01:21]
smickles	nyRednek: that's privacy extending from property rights tho, isn't it?	[01:22]
nyRednek	smickles, i believe, so	[01:22]
nyRednek	smickles, the 14th amendment was referenced, so maybe not	[01:23]
nyRednek	the 14th amendment deals mainly with citizenship	[01:24]
assbot	[MPEX] [S.MPOE] 9075 @ 0.00066525 = 6.0371 BTC [+]	[01:24]
smickles	"nor shall any state deprive any person of life, liberty, or property, without due process of law"	[01:25]
smickles	it specifically says property tho	[01:25]
mircea_popescu	http://i.imgur.com/3zWPK.jpg	[01:25]
mircea_popescu	this is rich	[01:25]
smickles	mircea_popescu: the department of homland security suggests that you uninstall and not use java	[01:26]
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mircea_popescu	why thanks very much to the dept of who the fuck asked them	[01:26]
smickles	nyRednek: so my view of it from that perspective is that you only have privacy in so much as the state isn't allowed to do things why render your ownership of property meaningless	[01:27]
mircea_popescu	are they coming up with those booklets on spouse selection already ?	[01:27]
jcpham	oh wait i can select another spouse	[01:27]
jcpham	or an additional spouse	[01:27]
jcpham	do i get to share than revenue stream also?	[01:27]
nyRednek	smickles, also, katz v united states, 1967	[01:28]
nyRednek	regarding unwarranted wiretapping	[01:28]
nyRednek	referencing 4th and 5th amendments	[01:28]
mircea_popescu	jcpham surely	[01:29]
nyRednek	smickles, also, right to privacy preventing illegal search/seizure, and self-incrimination	[01:29]
nyRednek	smickles, i'm thinking it's more the liberty thing...the state is depriving you of liberty by snooping on you(privacy is a safeguard of free speech)	[01:31]
nyRednek	the security issues regarding java have been many, so i tend to agree with OHS on this one	[01:33]
mircea_popescu	nyRednek the point is the homeland security thing has no business discussing this, or pretty much any other matter.	[01:35]
mircea_popescu	their job is pretty much getting tsa dismantled already and then going away in the sunset.	[01:35]
nyRednek	mircea_popescu, OSA is a large and wide-reaching organization...this is very much their business	[01:37]
nyRednek	OHS, rather	[01:37]
nyRednek	too many three letter names	[01:37]
mircea_popescu	right, it works in practice as a sort of soviet commisariat of the people's soviets bla bla	[01:38]
nyRednek	tsa is just one of their subordinate agencies	[01:38]
mircea_popescu	but it's mandate legally is exactly that : to dismantle the tsa and go away.	[01:38]
nyRednek	the fbi is another of their subordinate agencies	[01:38]
nyRednek	so is ice	[01:38]
nyRednek	its mandate is much more than dismantle tsa	[01:38]
assbot	[MPEX] [S.MPOE] 5843 @ 0.00066094 = 3.8619 BTC [-]	[01:38]
mircea_popescu	really sad to watch (from a safe distance, blesfully) what's happening to that country.	[01:39]
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nyRednek	here's the sad thing to watch...the US is the world's largest economy...if it falls, how well do you think the EU or the PRC will do in the ashes?	[01:39]
nyRednek	i mean the ashes of what used to be the US's GDP	[01:40]
mircea_popescu	it's neither the world's largest economy	[01:40]
mircea_popescu	nor actually providing anything of value	[01:40]
mircea_popescu	the world won't notice.	[01:40]
mircea_popescu	the delusions to the contrary are actually part of the "sad".	[01:40]
nyRednek	the US has the world's largest GDP, and nations such as PRC depend on consumption by US	[01:41]
dub	does dhs know that java is patched?	[01:41]
mircea_popescu	this is nonsense	[01:41]
mircea_popescu	no producer "depends" on consumption by anyone.	[01:41]
dub	or is it a case of sun fucked up one too many times and are written off	[01:41]
mircea_popescu	dub they just wish to opine.	[01:41]
thestringpuller	sun is dead	[01:41]
nyRednek	mircea_popescu, actually, producers need consumers to buy products	[01:41]
mircea_popescu	and isn't dhs the dept of welfare i mean human services ?	[01:41]
dub	oracle w/e	[01:41]
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nyRednek	mircea_popescu, it's backwards to think otherwise	[01:42]
mircea_popescu	nyRednek that's nonsense. producers need noone	[01:42]
mircea_popescu	consumers need producers.	[01:42]
iz	dub: it's not really patched	[01:42]
thestringpuller	mircea_popescu: comsumes women thus he needs mothers	[01:42]
iz	so far they have released 2 different "patches" that "fix" the same vuln, but not really	[01:42]
mircea_popescu	iz 3rds a charm	[01:42]
iz	haha	[01:42]
nyRednek	mircea_popescu, let's put it this way, kodak failed because...?	[01:43]
mircea_popescu	because it wasn't producing anything.	[01:43]
nyRednek	mircea_popescu, they produced a lot of film and cameras...	[01:43]
nyRednek	mircea_popescu, that's not true	[01:43]
mircea_popescu	no. they produced a lot of useless junk.	[01:43]
mircea_popescu	course it's true.	[01:43]
iz	also, if you consider the EU as it's own entity, it's got greater GDP than USA, right?	[01:43]
jcpham	kodak is a much more interesting beast	[01:43]
mircea_popescu	if you make a huge company "producing" "art" you will fail too	[01:43]
nyRednek	iz, not yet, it doesn't	[01:43]
iz	nyRednek: look at the numbers for 2011	[01:44]
mircea_popescu	iz if you discount imaginary/funny money	[01:44]
mircea_popescu	the us is about on par with pakistan atm.	[01:44]
mircea_popescu	per capita income in the 100-1000 range.	[01:44]
nyRednek	iz, well, as of 2010 it wasn't, let me check	[01:44]
mircea_popescu	and for that matter, i too can write 10000000000000000 dollah on pieces of paper and trade it back and forth with the girls	[01:44]
iz	nyRednek: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)	[01:44]
mircea_popescu	that won't make my harem the world's largest economy	[01:44]
iz	here's a listing per capita (for all ranges) http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita	[01:46]
nyRednek	iz, by 2.6 quadrillion, yep, the EU has surpassed the US	[01:46]
*	TradeFortress (3a6f8f69@gateway/web/freenode/ip.58.111.143.105) has joined #bitcoin-assets	[01:46]
nyRednek	iz, you're right...well, the SECOND largest world economy	[01:46]
iz	whoops, i meant this one: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita	[01:46]
mircea_popescu	soon to be the tenth.	[01:46]
iz	mircea_popescu: great, maybe finally we won't be too big to fail	[01:47]
assbot	[MPEX] [S.MPOE] 16951 @ 0.00066525 = 11.2767 BTC [+]	[01:47]
iz	and we can pull an iceland	[01:47]
nyRednek	guys, let me know when mircea_popescu stops talking out of its ass so i can unignore	[01:47]
mircea_popescu	i'd be willing to take bets that by 2015 the us economy will actually be smaller than germany's economy.	[01:47]
mircea_popescu	sadly there's no actual way to measure.	[01:47]
*	beetlebee (4f720dea@gateway/web/freenode/ip.79.114.13.234) has joined #bitcoin-assets	[01:47]
iz	mircea_popescu: yeah, cuz the germans use metric and the us doesn't :b	[01:48]
mircea_popescu	key element :D	[01:48]
mircea_popescu	but i am kinda amused at the newb krugerite coming here and giving me advice about mpex and then getting offended when i don't happen to share his ignorance of economy.	[01:48]
mircea_popescu	this incidentally is exactly why i wouldn't buy the whole us for five bitcoins right now : pretty much made up entirely of this sort of stupid.	[01:49]
mircea_popescu	sure, there's exception. too much molasses around them to have a chance.	[01:49]
thestringpuller	cynical much?	[01:50]
mircea_popescu	kinda, yeah.	[01:50]
nyRednek	sorry, 2.6 trillion	[01:50]
nyRednek	iz, as far as it goes, though, one of the top four players fall, the whole world suffers...	[01:50]
dub	literally pocket change	[01:51]
kakobrekla	the more the world goes to shit, the better for bitcoin	[01:51]
nyRednek	so the us dollar and the euro are pretty critical to gobal economic health	[01:51]
iz	yeah, i'd tend to agree	[01:51]
nyRednek	global	[01:51]
nyRednek!@	added to ignore list.	[01:51]
iz	that's why iceland was able to do what they did.. just ignore all the debt, right?	[01:51]
iz	because they weren't in the top 3-4, they can do that and everyone else just absorbs the costs	[01:52]
mircea_popescu	iz i guess mostly cause they were small.	[01:52]
iz	exactly	[01:52]
mircea_popescu	and people didn;t want to argue with them for the obvious reason of publicity.	[01:52]
mircea_popescu	ie, others may see they actually have a point.	[01:52]
iz	i hate it when ppl try to argue with me that the US should have just followed iceland's lead and let all the banks fail instead of bailing them out	[01:52]
mircea_popescu	why ?	[01:52]
mircea_popescu	i happen to think the same thing.	[01:52]
assbot	[MPEX] [S.MPOE] 7268 @ 0.00066486 = 4.8322 BTC [-]	[01:52]
mircea_popescu	course, this in retrospect.	[01:52]
assbot	[MPEX] [S.MPOE] 12807 @ 0.00065893 = 8.4389 BTC [-]	[01:52]
mircea_popescu	i can see why they tried, at the time, and why they couldn't stop, after they tried.	[01:53]
thestringpuller	too big to fail	[01:53]
iz	really? well, it seems to me like that's something that only countries w/ small economies can do	[01:53]
mircea_popescu	so it's not really a "should have". more like a, that'd have been retrospectively the correct path	[01:53]
mircea_popescu	iz why ?	[01:53]
iz	because someone has to foot the bill	[01:53]
iz	and it ends up being all the other contries that participate in the world economy, right?	[01:53]
mircea_popescu	it's just ego. no us politician can actually man up and say "listen, we fucked up. we were wriong.	[01:54]
mircea_popescu	welfare does not work, what we were trying to build doesn't work	[01:54]
*	LiquidBits has quit (Quit: LiquidBits)	[01:54]
mircea_popescu	you are all lazy bums and thieves,	[01:54]
iz	if the biggest country tries to do this, they rest of they can't absorb that much loss that quickly	[01:54]
mircea_popescu	and if given a chance you will steal and idle rather than do somethinguseful	[01:54]
mircea_popescu	and in any case you're too stupid by now to do anything useful anyway"	[01:54]
mircea_popescu	and that's that.	[01:54]
mircea_popescu	salaries go back to the economically warranted 5-600 usd a year	[01:55]
jcpham	http://www.whitehouse.gov/issues/preventing-gun-violence	[01:55]
jcpham	conspiracy	[01:55]
mircea_popescu	people learn to live off rice and beans	[01:55]
mircea_popescu	rents go back towhat they are in the 3rd world and so on.	[01:55]
jcpham	no way the gubment can code this well this fast	[01:55]
jcpham	conspiracy	[01:55]
iz	mircea_popescu: i think it would affect the world economy too much	[01:55]
jcpham	that page is fucking sick though	[01:55]
iz	iceland could get away w/ it b/c they were small	[01:55]
mircea_popescu	iz : there is no "too much". it is what it is.	[01:55]
dub	protip: the "world eceomony" has like 10 years left anyway	[01:55]
mircea_popescu	take the pill and pay the dues.	[01:55]
iz	i don't understand why you say there isn't a "too much"	[01:56]
mircea_popescu	because there isn't.	[01:56]
dub	after that its back to eating each other	[01:56]
mircea_popescu	there is literally no limit to human suffering and hardship. none.	[01:56]
mircea_popescu	so, let it go back to where it has to go, rather than try and pretend for a coupl;a more years	[01:56]
iz	if a country wants to say "we fucked up, but we aren't going to pay our debts.. everyone else just absorb those costs and we're going to start over.. like country bankruptcy	[01:56]
mircea_popescu	that's not the deal.	[01:57]
mircea_popescu	it's we fucked up, we own nothing now	[01:57]
mircea_popescu	maybe we'll just all become indentured servants	[01:57]
mircea_popescu	or just starve	[01:57]
dub	MIT forcast it in the '70s and we have been tracking perfectly	[01:57]
iz	is that what iceland did too?	[01:57]
mircea_popescu	we'll see how generous you are	[01:57]
iz	i thought they just said we don't owe anything	[01:57]
iz	sorry for investing all your money in our banks	[01:57]
iz	but you guys all lost out too	[01:57]
iz	and we're starting over now	[01:57]
mircea_popescu	the two aren't distinct really.	[01:57]
iz	we all lost, but it happens.. restart now	[01:57]
iz	is my understanding incorrect re: iceland?	[01:58]
mircea_popescu	i don't think so.	[01:58]
*	iz nods	[01:58]
mircea_popescu	as far as i understand, the iceland thing was simply : banks are a private issue, the state does not back banks. figure it out.	[01:58]
iz	cool	[01:58]
iz	yeah	[01:59]
iz	that's what i thought also	[01:59]
mircea_popescu	ok. that doesn't translate to what you said	[01:59]
iz	so yeah.. i think they can only get away with that because they were so small relative to the rest of the world economy	[01:59]
mircea_popescu	they can get away with it because the gap between their real gdp and their nominal gdp was small	[01:59]
mircea_popescu	in the us the difference is more like 9x%	[01:59]
iz	if one of the largest world economies tried to do what iceland did, i think it would cause worldwide economical harm	[01:59]
mircea_popescu	no.	[01:59]
assbot	[MPEX] [S.MPOE] 16596 @ 0.00066525 = 11.0405 BTC [+]	[02:00]
mircea_popescu	it would just force a much more unpalatable "taking down a notch"	[02:00]
iz	hmm.. okay, i think i'm understanding what you're saying	[02:00]
mircea_popescu	here's the thing :	[02:00]
mircea_popescu	the average american citizen uses up about 20k worth of resources a year.	[02:00]
mircea_popescu	he produces something like 500 to 1k.	[02:00]
mircea_popescu	that's a 90ish % loss.	[02:01]
mircea_popescu	if you stop pretending like what they're doing is useful,	[02:01]
dub	is that like maff and fings	[02:01]
mircea_popescu	you're forced to adjust their income to the real level.	[02:01]
dub	this is bitcoin	[02:01]
mircea_popescu	making us average salari about 400 bucks ? a year that is.	[02:01]
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dub	nyRednek: chinese factory workers are used to losing all their miney overnight though	[02:01]
dub	money*	[02:02]
mircea_popescu	now, the average american trying to live on 400 bucks a year would be a funny sight indeed.	[02:02]
mircea_popescu	but the world economy couldn't care less.	[02:02]
dub	nyRednek: good	[02:02]
dub	drastic reduction in the number of americans would go a long way to solving the problem	[02:03]
iz	but how would the us maintain their obesity record?	[02:03]
mircea_popescu	i don't see how. donner party patent method maybe ?	[02:03]
dub	you're only delaying it as of now	[02:03]
mircea_popescu	now, understandably the political decision was made that this wouldn't be acceptable. but this is a purely internal affair of the us. i can sorta see why they thought this too :	[02:03]
mircea_popescu	if they keep it going for just a little longer the top people can finish getting out	[02:03]
dub	nyRednek: the problem with your economy not actually being one	[02:03]
iz	haha	[02:04]
dub	nyRednek: sorry I thought that was the subject	[02:04]
mircea_popescu	but otherwise, it's the same as any imploding rogue state.	[02:04]
iz	hunting w/ automatic assult rifles	[02:04]
dub	nyRednek: no, not actually being an economy	[02:04]
iz	real answer though, as a hunter you realize there's not enough animals to sustain the population	[02:05]
dub	its a sick joke/debt ponzi	[02:05]
iz	maybe hunting the most dangerous game for soylent green	[02:05]
dub	iz nailed it	[02:05]
iz	nyRednek: can't hunt the animals that aren't there because they've already been over hunted	[02:06]
dub	nyRednek also nailed the actual problem	[02:06]
iz	yeah, the real problem with food is water and ancient aquifirs	[02:06]
iz	that's true	[02:07]
mircea_popescu	CoinURL ceases its operation	[02:07]
dub	whats coinurl?	[02:07]
mircea_popescu	https://bitcointalk.org/index.php?topic=136900.0	[02:08]
iz	ah yes... the prized nosegopher	[02:08]
iz	good eating	[02:08]
kakobrekla	>> Unluckily, as you could guess, hosting company decided to terminate my account as it is not just worth for them anymore.	[02:08]
kakobrekla	LOLWTF	[02:08]
kakobrekla	no, i could not guess THAT	[02:09]
dub	mircea_popescu: lol 'derp'	[02:09]
kakobrekla	commentig coinurl	[02:09]
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dub	turns out bitcoiners don't spend money (because mom doesn't give them enough)	[02:09]
kakobrekla	i dunno what the deal was but it ready just wrong	[02:10]
mircea_popescu	http://polimedia.us/trilema/2012/coinurl-a-bitcoin-advertising-service/ for the lulz.	[02:10]
kakobrekla	i have a friend with a whole bladecenter intalled for some tiny change cause hosting co made a lousy contract	[02:12]
mircea_popescu	"There are many options. Delisting and telling everyone to just fuck off is exactly what can be expected form a narcissistic fucktard like Mircea Popescu.	[02:12]
mircea_popescu	Why not halt the trading for start and provide a way to work this out between investors and those thieving scumbags at BitVPS."	[02:12]
mircea_popescu	this guy is kinda stupid is he ?!	[02:12]
dub	dude	[02:13]
assbot	[MPEX] [S.MPOE] 17400 @ 0.00066525 = 11.5754 BTC [+]	[02:14]
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jurov	lol, bitvps kicked coinurl	[02:21]
kakobrekla	what	[02:21]
kakobrekla	lol r u srs	[02:21]
kakobrekla	you just dont do that.	[02:22]
mircea_popescu	jurov srsly ?!	[02:22]
jurov	yes, they were in the same datacenter as me, same balckout	[02:22]
assbot	[BTCTC] [GSDPT] 8750 @ 0.0047 = 41.125 BTC [+]	[02:22]
thestringpuller	oh no bad bvps press	[02:22]
kakobrekla	meh srsly you get a top notch root server for 50euros a month	[02:23]
jurov	sorry i mixed it up	[02:23]
jurov	https://bitcointalk.org/index.php?topic=131922.msg1414370#msg1414370	[02:23]
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mircea_popescu	thestringpuller there is btc press ?	[02:23]
jurov	it was operationfabulous , another ad network	[02:23]
jurov	yes, something called trilema	[02:25]
mircea_popescu	what ?	[02:25]
jurov	you know that thing with porn syndication	[02:26]
jurov	that's the bitcoin press :P	[02:27]
mircea_popescu	i heard that name somehow before!	[02:27]
assbot	[BTCTC] [GSDPT] 613 @ 0.0047 = 2.8811 BTC [+]	[02:30]
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mircea_popescu	;;ticker	[02:33]
gribble	BTCUSD ticker \| Best bid: 14.64351, Best ask: 14.69999, Bid-ask spread: 0.05648, Last trade: 14.69999, 24 hour volume: 45851.62111428, 24 hour low: 14.21001, 24 hour high: 14.75000, 24 hour vwap: 14.52390	[02:33]
mircea_popescu	o wow. 15 ?	[02:33]
assbot	[BTCTC] [COGNITIVE] 7 @ 0.43 = 3.01 BTC [-]	[02:34]
mircea_popescu	http://bitbet.us/bet/83/s-dice-down-to-0-003xx-per-share-feb-11/	[02:34]
mircea_popescu	this one looks sweet	[02:34]
mircea_popescu	hmm, anyone here with a btctc account ?	[02:46]
jcpham	;;asks 25	[02:50]
gribble	There are currently 49313.389 bitcoins offered at or under 25.0 USD, worth 878896.357055 USD in total.	[02:50]
dub	time for a crash	[02:52]
jcpham	not a lot of volume to 25	[02:52]
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*	ChanServ gives channel operator status to assbot	[02:52]
mircea_popescu	;;bids 10	[02:52]
gribble	There are currently 97005.469 bitcoins demanded at or over 10.0 USD, worth 1252122.45239 USD in total.	[02:52]
jcpham	i doubt it'll happen but that's interesting	[02:53]
mircea_popescu	i think a runup much more likely.	[02:53]
jcpham	oh yeah for sure	[02:53]
jcpham	i expected more when i picked an arbitrarily high number	[02:53]
mircea_popescu	ya seems incredibly sparse.	[02:53]
jcpham	http://blog.dwolla.com/person-to-person-for-banks-in-a-line-of-code/	[02:58]
jcpham	i like dwolla at first, now meh	[02:58]
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assbot	[BTCTC] [COGNITIVE] 2 @ 0.43 = 0.86 BTC [-]	[03:06]
assbot	[MPEX] [S.MPOE] 9293 @ 0.00065893 = 6.1234 BTC [-]	[03:09]
assbot	[MPEX] [S.MPOE] 6183 @ 0.00065305 = 4.0378 BTC [-]	[03:09]
assbot	[BTCTC] [GSDPT] 25 @ 0.0064 = 0.16 BTC [+]	[03:11]
mircea_popescu	sorta like linode.	[03:12]
mircea_popescu	so nobody has a btctc account ?	[03:12]
mircea_popescu	omfg are these people insane ? curl unencrypted ?	[03:13]
mircea_popescu	suppose i eavesdrop it and repeat.	[03:13]
kakobrekla	its a post over https	[03:14]
kakobrekla	not ideal	[03:14]
kakobrekla	but not plaintxt	[03:14]
mircea_popescu	well no, not plaintext but omfg	[03:15]
jcpham	cutting edge	[03:19]
mircea_popescu	i suppose they periodicly audit make sure no ex-linode employe is running a promiscuous sniffer anywhere on their network.	[03:20]
mircea_popescu	anyway. anyone here want to pick up that coinurl thing and run it sanely ?	[03:22]
thestringpuller	jcpham: that looks just like simplepay or what was doing with the https curl command	[03:23]
thestringpuller	waves hand	[03:23]
thestringpuller	i will buy it for 1 bitcoin	[03:23]
assbot	[BTCTC] [BTC-BOND] 420 @ 0.01 = 4.2 BTC [+]	[03:24]
mircea_popescu	"Our case	[03:24]
mircea_popescu	study used a cognitive walkthrough analysis together	[03:24]
mircea_popescu	with a laboratory user test to evaluate whether PGP 5.0	[03:24]
mircea_popescu	can be successfully used by cryptography novices to	[03:24]
mircea_popescu	achieve effective electronic mail security. The analysis	[03:24]
mircea_popescu	found a number of user interface design flaws that may	[03:24]
mircea_popescu	contribute to security failures, and the user test	[03:24]
mircea_popescu	demonstrated that when our test participants were given	[03:24]
mircea_popescu	90 minutes in which to sign and encrypt a message	[03:24]
mircea_popescu	using PGP 5.0, the majority of them were unable to do	[03:24]
mircea_popescu	so successfully. "	[03:24]
kakobrekla	lol	[03:24]
mircea_popescu	my results are strangely better than that.	[03:24]
mircea_popescu	i guess self selected scope ?	[03:24]
kakobrekla	where is this from	[03:24]
mircea_popescu	a study im reading	[03:25]
mircea_popescu	Alma Whitten / Carnegie Mellon University. Why Johnny Can’t Encrypt:A Usability Evaluation of PGP 5.0	[03:26]
assbot	[MPEX] [S.DICE] 851 @ 0.00538507 = 4.5827 BTC [-]	[03:28]
assbot	[MPEX] [S.DICE] 1000 @ 0.00539131 = 5.3913 BTC [+]	[03:28]
thestringpuller	jcpham: Dwolla's code isn't this bad http://news.ycombinator.com/item?id=5026802	[03:37]
assbot	[MPEX] [S.MPOE] 14717 @ 0.00065305 = 9.6109 BTC [-]	[03:39]
assbot	[MPEX] [S.MPOE] 4383 @ 0.00065302 = 2.8622 BTC [-]	[03:39]
mircea_popescu	"You guys are fantastic. You documentation is clear. The fact that you all live on the IRC channels makes obtaining information and help super simple."	[03:39]
mircea_popescu	im going to go troll balanced payments irc channel nao	[03:40]
mircea_popescu	anyone with me ?	[03:40]
mircea_popescu	its #balanced ftr	[03:41]
thestringpuller	is having an irc channel the hip thing to do?	[03:41]
mircea_popescu	certainly.	[03:42]
kakobrekla	well, we have one.	[03:42]
thestringpuller	i thought it was about having a usenet group	[03:42]
thestringpuller	i thought that was the cool thing these days	[03:42]
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thestringpuller	LOL	[03:48]
thestringpuller	20:47 < ajsharp> i can't tell if you're trolling or not	[03:48]
mircea_popescu	i wasn't even ;/	[03:49]
thestringpuller	look at that guys: https://github.com/balanced/balanced-api/issues/204 they have someeone who wanted to add bitcoin	[03:50]
thestringpuller	Each of Balanced.s customers is a potential Bitcoin merchant. Zaarly is using Balanced to provide payments handling for its peer-to-peer task market. Instead of Zaarly having to build its own, it can used Balanced.s API. With Bitcoin there is a little different flow. You can.t pull funds from a Bitcoin user. Bitcoin is push only. But Balanced also handles the payout component. And that is a push transaction. Bal	[03:52]
thestringpuller	But Balanced shows what is needed by the marketplace . a path that a Bitcoin variant could follow. Balanced is offered in the U.S. only. A bitcoin-variant could operate globally.	[03:52]
mircea_popescu	so basically... "we don't know, and don't wanna talk about it"	[03:53]
mircea_popescu	a well.	[03:53]
thestringpuller	the github issue has some answers	[03:54]
mircea_popescu	im reading it nao	[03:54]
mircea_popescu	there's absolutel;y nothing there.	[03:57]
mircea_popescu	i'm sorry, but on the balance of this assesment balancedpayments is worth ~0, inflation adjusted.	[03:57]
thestringpuller	mircea_popescu: simple.com	[03:59]
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dub	u gais are famous https://www.balancedpayments.com/help	[04:13]
mircea_popescu	look at me ma, i'm on an obscure start-up site! it won't go anywhere!	[04:14]
dub	good arb op there eh?	[04:21]
dub	[21:19] Jan17 02:18:34 mtgox x194 3,924.8646 @ 14.83496831 USD	[04:22]
dub	[21:19] Jan17 02:18:34 mtgox x229 3,999.9658 @ 14.42321997 AUD	[04:22]
mircea_popescu	what's bitcoinrt ?	[04:22]
thestringpuller	;;later tell Bugpowder looks like people are putting basic point spread bets on bitbet now	[04:22]
gribble	The operation succeeded.	[04:22]
dub	gox ticker	[04:22]
dub	websocket pipe whatever	[04:23]
mircea_popescu	i guess, if anyone is ready to close aud-usd circuit	[04:23]
dub	;;ticker	[04:25]
gribble	BTCUSD ticker \| Best bid: 14.78900, Best ask: 14.84339, Bid-ask spread: 0.05439, Last trade: 14.78900, 24 hour volume: 48112.84457123, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.57203	[04:25]
thestringpuller	http://blockbet.net - here come the pseudo-clones	[04:27]
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assbot	[MPEX] [S.DICE] 250 @ 0.00574528 = 1.4363 BTC [+]	[04:34]
mircea_popescu	thestringpuller there have been like... i think a dozen since the ipo	[04:44]
mircea_popescu	;;ticker	[04:46]
gribble	BTCUSD ticker \| Best bid: 14.90001, Best ask: 14.91999, Bid-ask spread: 0.01998, Last trade: 14.91999, 24 hour volume: 48305.04798786, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.57849	[04:46]
mircea_popescu	definitely 15 tonight.	[04:46]
mircea_popescu	;;asks 15	[04:47]
gribble	There are currently 7912.5205 bitcoins offered at or under 15.0 USD, worth 118573.407675 USD in total.	[04:47]
thestringpuller	;;bids 14.90	[04:47]
gribble	There are currently 0 bitcoins demanded at or over 14.9 USD, worth 0.0 USD in total.	[04:47]
thestringpuller	;;bids 14.80	[04:48]
gribble	There are currently 180.31955 bitcoins demanded at or over 14.8 USD, worth 2674.22552159 USD in total.	[04:48]
thestringpuller	;;bids 14.85	[04:48]
gribble	There are currently 23.426751 bitcoins demanded at or over 14.85 USD, worth 349.058673438 USD in total.	[04:48]
kakobrekla	weekly forecast bet can be resolved early :)	[04:49]
mircea_popescu	http://bitbet.us/bet/140/bitcoin-will-hit-15-before-february-1st/ ?	[04:53]
mircea_popescu	still not 15	[04:53]
*	error4733 (error4733@ip-80-236-223-151.dsl.scarlet.be) has joined #bitcoin-assets	[04:53]
kakobrekla	no, ziz one http://bitbet.us/bet/129/btc-usd-at-mtgox-will-stay-below-14-86-and/	[04:53]
kakobrekla	enky lost hehe	[04:54]
mircea_popescu	yee	[04:55]
error4733	any clue for the SD jump ?	[04:58]
kakobrekla	bbet ran out of shares so they went for second best	[04:59]
mircea_popescu	ahahaha	[05:01]
mircea_popescu	error4733 supply and demand i imagine.	[05:01]
mircea_popescu	seems in bitcoin demand is a sharply increasing inverse of supply.	[05:01]
mircea_popescu	in retrospect maybe not surprising, given the nature of the btc game.	[05:02]
kakobrekla	inverse supply you mean all the scams or the block reward drop?	[05:04]
kakobrekla	;)	[05:04]
mircea_popescu	i mean the wider the supply, the lower the demand	[05:05]
mircea_popescu	but once supply dwindles demand explodes.	[05:05]
kakobrekla	isnt this same case as producers and consumers	[05:05]
mircea_popescu	sorta like childrend and toys. when nobody is playing nobody else wants to play. as toys become unavailable the desire to play increases	[05:05]
kakobrekla	:D	[05:05]
mircea_popescu	i guess it's like producers and consumers in a strange market	[05:06]
error4733	same for my wife	[05:06]
mircea_popescu	lol she in demand when you want her and idle otherwise ?	[05:06]
error4733	she's not involved	[05:07]
error4733	:D	[05:07]
mircea_popescu	:p	[05:07]
kakobrekla	yeah fuckin hoarding non-toy-sharing kids	[05:07]
error4733	if SD up to 0.006 and btc hit 15$ i almost double my invest in 2 weeks	[05:08]
error4733	insane	[05:08]
kakobrekla	dun worry is a ponzee	[05:08]
mircea_popescu	error4733 someone was publishing his portofolio graph earlier and it looked quite exponential	[05:08]
kakobrekla	also	[05:09]
kakobrekla	pirate paid	[05:09]
kakobrekla	yesterday!	[05:09]
mircea_popescu	whom ?	[05:09]
kakobrekla	aww cmon, recognize the meme	[05:09]
kakobrekla	:p	[05:09]
mircea_popescu	lol deadpan	[05:09]
mircea_popescu	;;ticker	[05:09]
gribble	BTCUSD ticker \| Best bid: 14.91002, Best ask: 14.92000, Bid-ask spread: 0.00998, Last trade: 14.91002, 24 hour volume: 47727.52297059, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.58642	[05:09]
Diablo-D3	heh, we're reaching 15	[05:10]
mircea_popescu	50 cents off the vwap, that's pretty strong action.	[05:12]
Diablo-D3	yeah	[05:12]
Diablo-D3	the market needs to pause for awhile to keep us at this level	[05:12]
Diablo-D3	I dont want to see another $30 spike and crash	[05:12]
Diablo-D3	thats not useful for the longterm viability of bitcoins	[05:12]
assbot	[MPEX] [O.BTCUSD.C110T] 1000 @ 0.31226848 = 312.2685 BTC [+]	[05:13]
error4733	not the same input for this raise	[05:13]
assbot	[MPEX] [O.BTCUSD.C120T] 1000 @ 0.24364587 = 243.6459 BTC [+]	[05:13]
Diablo-D3	error4733: but it can be	[05:13]
Diablo-D3	the $30 spike was panic buying	[05:13]
Diablo-D3	theres no reason that cant be repeated	[05:13]
mircea_popescu	Diablo-D3 im not so sure it matters by now.	[05:13]
Diablo-D3	mircea_popescu: well, I'd like to see us at $100 perm	[05:14]
mircea_popescu	i think 2013 will prolly do that.	[05:14]
Diablo-D3	well, what Im saying is, we need a firm foundation to continue building on	[05:15]
error4733	well i have a bet wit ha friend, BTC double this year	[05:15]
error4733	28$ before 1 JAN 2104	[05:15]
mircea_popescu	prolly pretty safe bet.	[05:15]
Diablo-D3	error4733: high or year end?	[05:15]
Diablo-D3	because we'll likely see a $28 high	[05:15]
Diablo-D3	but a 50/50 chance of $28 or higher becoming the new norm	[05:16]
error4733	no 28 or more stable price	[05:16]
error4733	more than 1 week	[05:16]
error4733	95% risk is the user	[05:17]
error4733	mircea_popescu : u think $100 can be possible until the end of the year ?	[05:20]
mircea_popescu	i think it fairly likely.	[05:21]
*	da2ce7 has quit (Quit: KVIrc 4.2.0 Equilibrium http://www.kvirc.net/)	[05:21]
Diablo-D3	nyRednek: we tried that	[05:21]
Diablo-D3	it didnt go well	[05:21]
error4733	so the usage will increase for 500% with the same supply ?	[05:21]
*	asciilifeform has quit (Ping timeout: 256 seconds)	[05:21]
assbot	[MPEX] [S.MPOE] 1845 @ 0.00066525 = 1.2274 BTC [+]	[05:21]
mircea_popescu	error4733 once people will come to terms with the failure of "asic projects"	[05:22]
mircea_popescu	they will cover buying bitcoin	[05:22]
Diablo-D3	you're in #bitcoin-assets and dont know we've already had publicly owned companies?	[05:22]
assbot	[MPEX] [S.MPOE] 4698 @ 0.00066544 = 3.1262 BTC [+]	[05:22]
mircea_popescu	(which is what they should have done in the first place)	[05:22]
Diablo-D3	mircea_popescu: except both avalon and asicminer should be done soon	[05:22]
error4733	popcorn	[05:22]
mircea_popescu	conspicuously absent from that list, bfl Diablo-D3 :p	[05:22]
Diablo-D3	Im surprised basic was a failure	[05:22]
Diablo-D3	was it a scam or did they just fail?	[05:22]
mircea_popescu	i'm not surprised	[05:23]
error4733	this ASIC epic fail	[05:23]
mircea_popescu	i don't think it was started as a scam. just, no skills.	[05:23]
Diablo-D3	mircea_popescu: so just fail	[05:23]
Diablo-D3	that sfine	[05:23]
*	da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets	[05:23]
error4733	maybe BFL but all the others as well ?	[05:23]
Diablo-D3	companies can fail	[05:23]
Diablo-D3	its the outright scams I think we need to deal with	[05:23]
Diablo-D3	like bfl	[05:23]
error4733	how many dev in the world work on this tech	[05:24]
mircea_popescu	i don't think anyone actually has the resources to do asics. people like to dream, and then they sometimes get confused.	[05:24]
mircea_popescu	error4733 maybe half a dozen on the core and a few hundred on peripherals ?	[05:24]
Diablo-D3	error4733: on what tech? chip design in general?	[05:24]
error4733	look good on paper	[05:24]
Diablo-D3	mircea_popescu: doing asics is easy	[05:24]
Diablo-D3	mircea_popescu: it just costs money	[05:24]
Diablo-D3	remember, neither asicminer nor avalon made their sha256 cores	[05:25]
Diablo-D3	they used existing ones and spammed it on the chip	[05:25]
mircea_popescu	yeah.	[05:25]
mircea_popescu	that's the way to go, at their level.	[05:25]
mircea_popescu	still, it has its problems.	[05:25]
Diablo-D3	it works mostly	[05:25]
smickles	nyRednek: mpbor isn't really a bond tho	[05:25]
Diablo-D3	they just had to have the output cascade designed right	[05:25]
mircea_popescu	depends what luck you have with resonance.	[05:25]
Diablo-D3	which really isnt that hard	[05:25]
Diablo-D3	mircea_popescu: yes, those fucking design tools are blaaaaaargh	[05:25]
mircea_popescu	right. the problem with the "spam a core on chip" approach is that design cost is minimal	[05:26]
mircea_popescu	prototype cost is huge	[05:26]
Diablo-D3	yeah	[05:26]
Diablo-D3	and what we're looking at IS the prototype	[05:26]
mircea_popescu	meanwhile i've been asking questions, i know of a case where they did 54 prototypes	[05:26]
mircea_popescu	before they got a set that was resonance free	[05:26]
mircea_popescu	then they re-ran it	[05:26]
mircea_popescu	AND IT DIDNT WORK	[05:26]
Diablo-D3	yeah, shit like that happens	[05:26]
error4733	:D	[05:26]
Diablo-D3	asicminer already said their chips passed functionality tests	[05:27]
smickles	;;ticker	[05:27]
gribble	BTCUSD ticker \| Best bid: 14.81200, Best ask: 14.89900, Bid-ask spread: 0.08700, Last trade: 14.89959, 24 hour volume: 47066.51104494, 24 hour low: 14.21404, 24 hour high: 14.92000, 24 hour vwap: 14.59850	[05:27]
Diablo-D3	so hopefully at least one of the 4 wins	[05:27]
mircea_popescu	at any rate, from a purely macro perspective,	[05:27]
error4733	cant wait haha, this is huuuge	[05:27]
mircea_popescu	as either cost of asic or losses from asic become monetized btc will have to go up	[05:27]
assbot	[MPEX] [S.MPOE] 6002 @ 0.00066544 = 3.994 BTC [+]	[05:28]
assbot	[MPEX] [S.MPOE] 9354 @ 0.00066568 = 6.2268 BTC [+]	[05:28]
Diablo-D3	mircea_popescu: exactly	[05:28]
Diablo-D3	no matter what, the work was done	[05:28]
Diablo-D3	look at the silicon valley for example	[05:28]
Diablo-D3	one of the biggest startup communities in the world	[05:28]
Diablo-D3	if not THE biggest	[05:28]
mircea_popescu	i think "the milk was spilleD" is more apt a comparison but anyway :p	[05:28]
Diablo-D3	they fail more than not	[05:29]
Diablo-D3	but it produces an amazingly thriving economy	[05:29]
mircea_popescu	there's no problem with failure per se.	[05:29]
Diablo-D3	even when the companies fail, it produces more economic output than went in	[05:29]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[05:29]
mircea_popescu	the thing is we need to move away from cablepair and lambert type of failures to more economically tolerable types of failure	[05:29]
Diablo-D3	yeah	[05:30]
Diablo-D3	failure to mvp instead of outright scam or just wishful thinking	[05:30]
Diablo-D3	basic is more than wishful thinking but below mvp	[05:30]
Diablo-D3	imo anyways	[05:30]
mircea_popescu	to our advantage the silicon valley world is slowly moving towards a pure circus act.	[05:31]
mircea_popescu	http://polimedia.us/trilema/2012/lets-have-fun-with-paul-graham/#comment-91400	[05:31]
mircea_popescu	look at that.	[05:31]
*	Garr255_Lappy (~textual@98.145.73.34) has joined #bitcoin-assets	[05:31]
Garr255_Lappy	Check it out! Own a part of a 3d printer! CREATE on [BTC-TC] https://bitcointalk.org/index.php?topic=136953.0	[05:32]
Diablo-D3	nyRednek: I tried getting a company to take off	[05:32]
Diablo-D3	my first attempt was a failure because the stock exchange owner backstabbed everyone	[05:32]
Diablo-D3	nyRednek: so Im in the middle of cleaning that up and going for another attempt	[05:33]
Diablo-D3	mircea_popescu: before I click, is that pro pg or anti pg?	[05:34]
mircea_popescu	anti.	[05:34]
Diablo-D3	mircea_popescu: pg isnt the big bad though	[05:34]
mircea_popescu	tho it's a moot point, it just documents their most recent blunder	[05:35]
Diablo-D3	although I wish people would quit worshipping him	[05:35]
mircea_popescu	i don't think he's the big bad either.	[05:35]
Diablo-D3	the problem with the silicon valley atm is the mvp achievements	[05:35]
*	asciilifeform (~asciilife@pool-108-48-89-59.washdc.fios.verizon.net) has joined #bitcoin-assets	[05:35]
mircea_popescu	the showmanship is the problem.	[05:35]
Diablo-D3	whoever produces the smallest lightest easiest mvp wins	[05:35]
Diablo-D3	mircea_popescu: exactly	[05:35]
*	asciilifeform is now known as Guest39930	[05:35]
mircea_popescu	in their constant quest for "insight" about companies they kept going into sidechannels	[05:35]
Diablo-D3	nyRednek: minimum viable product	[05:35]
mircea_popescu	by now all they're doing is comparing which "team" has the weirdest approach to stand-up	[05:35]
Diablo-D3	mircea_popescu: basically yes	[05:36]
mircea_popescu	ya well it's stupid.	[05:36]
Diablo-D3	they're starting to feedback into themselves weirdly	[05:36]
Diablo-D3	like, whowever has the most unique weirdest circus act wins	[05:36]
mircea_popescu	i don't pick girls by the criterion "largest tit most exposed"	[05:36]
Diablo-D3	its like a competition of The Aristocrats	[05:36]
mircea_popescu	if i did, i'd have an excuse. unlike them.	[05:36]
mircea_popescu	yeah.	[05:36]
Diablo-D3	nyRednek: nope	[05:38]
Diablo-D3	profit ISNT the number one goal	[05:38]
Diablo-D3	long term value is	[05:38]
mircea_popescu	jesus you've been studying ?	[05:38]
Diablo-D3	nyRednek: not always	[05:39]
Diablo-D3	there are companies that hold massive assets that have pretty shitty cash flow	[05:39]
*	arij has quit (Quit: arij)	[05:40]
Diablo-D3	they're not horrible companies, just maybe mediocre corporate leadership	[05:40]
Bugpowder	nyRednek Be careful, if you hang out here much longer you will end up owning some bitcoin securities	[05:40]
Diablo-D3	the cash flow is positive, dont get me wrong, its just not that far from zero	[05:40]
Diablo-D3	constant cashflow is better than large profits	[05:40]
smickles	hmm	[05:40]
Bugpowder	mmm the new pympex is great	[05:41]
Bugpowder	the interface I deserve	[05:41]
Diablo-D3	mircea_popescu: btw, what do you mean studying?	[05:41]
Bugpowder	lol	[05:41]
Bugpowder	elance is f'ing amazing	[05:42]
mircea_popescu	Diablo-D3 you know, books.	[05:42]
mircea_popescu	Bugpowder o ?	[05:42]
Bugpowder	I can hire an awesome pakistani programmer	[05:43]
Bugpowder	for $20/hr	[05:43]
Bugpowder	to do my bidding	[05:43]
mircea_popescu	cool huh.	[05:43]
mircea_popescu	better than webcams, imo.	[05:43]
Bugpowder	and you get screen caps every 10 minutes	[05:43]
Bugpowder	yeah I could pay less but this is a bit tricky job	[05:43]
mircea_popescu	incidentally, read the code	[05:43]
mircea_popescu	better discover keyloggers early than late.	[05:43]
Bugpowder	ha	[05:43]
Bugpowder	CSV isn't hiding much	[05:44]
Bugpowder	I just need data collected	[05:44]
mircea_popescu	a	[05:44]
Bugpowder	from things that require mouseover ajax calls	[05:44]
Diablo-D3	mircea_popescu: its not like securities are a new thing for me	[05:44]
Diablo-D3	mircea_popescu: Ive been laughing at wall street since I was a kid	[05:44]
Diablo-D3	it never made sense to me because it all looked like a giant ponzi	[05:45]
Diablo-D3	mircea_popescu: and over the past, oh, 5 years or so, Ive learned why it never made sense, it really is just a giant scam	[05:45]
mircea_popescu	well, it's a good point nonetheless.	[05:45]
mircea_popescu	it has been kinda scammy since about 2nd bush term.	[05:46]
Diablo-D3	its been kinda scammy since the 70s	[05:46]
Diablo-D3	before I was born	[05:46]
Diablo-D3	and various long term shit has been going on since before ww2	[05:46]
mircea_popescu	i kinda liked it in the 90s.	[05:46]
Diablo-D3	before the dotcom bust?	[05:46]
*	sgornick has quit (Ping timeout: 248 seconds)	[05:46]
mircea_popescu	nah, late 90s	[05:46]
Diablo-D3	during the recovery?	[05:46]
mircea_popescu	during the bust.	[05:47]
Diablo-D3	ahh	[05:47]
Diablo-D3	there was lots of money to be made from that	[05:47]
mircea_popescu	for some reason it's easier for me to pick companies that will fail than ones that will succeed.	[05:47]
Diablo-D3	I know people who made money during the bubble, and then lost it when it popped; made it and kept it; and then made it DURING the pop	[05:48]
Diablo-D3	mircea_popescu: weird	[05:48]
mircea_popescu	possibly because i'm an asshole.	[05:48]
Diablo-D3	I have trouble picking companies that will fail	[05:48]
mircea_popescu	that's ok, you don't need to pick em, you make em :D	[05:48]
Diablo-D3	I think my selection criteria of safe bets is too conservative	[05:48]
Diablo-D3	hurrrrr	[05:48]
mircea_popescu	mwahaha'	[05:48]
Diablo-D3	mircea_popescu: like I said, I had lots of community help on that one	[05:48]
Bugpowder	bust started with MSTR	[05:48]
Diablo-D3	mircea_popescu: everyone got to walk away with a sore asshole after the GLBSE bust	[05:49]
mircea_popescu	Bugpowder to this day i didn't understand what microstrategy was making.	[05:49]
Bugpowder	business intelligence	[05:50]
Bugpowder	they are still around	[05:50]
Diablo-D3	what the fuck does that even mean	[05:50]
Bugpowder	pretty big	[05:50]
Bugpowder	Like using algorithms to optimize internal shit	[05:50]
Diablo-D3	thats insane	[05:51]
mircea_popescu	Bugpowder no, srsly ? using algorithms to optimize internal shit ?	[05:51]
Bugpowder	insane?	[05:51]
Diablo-D3	as a programmer and as someone who views both the law and business as domain specific languages, thats insane	[05:51]
Bugpowder	He lost 15 billion in the bust	[05:51]
Bugpowder	Sailor	[05:51]
Bugpowder	saylor	[05:51]
Diablo-D3	yeah, when you lose 15 billion, the money didnt even really exist	[05:52]
Diablo-D3	mircea_popescu: back me up about the insanity part	[05:52]
mircea_popescu	when you have 15bn you don't have that money.	[05:53]
mircea_popescu	Diablo-D3 i dunno either way. i still don't really comprehend what they did.	[05:53]
mircea_popescu	it's somewhere between "dressing up mathlab for idiots" and "conversations with aliens and spirits of the departed"	[05:53]
Diablo-D3	yes, but both of those ARE valid business models	[05:53]
mircea_popescu	well the aliens part at least.	[05:54]
mircea_popescu	VerizOrion	[05:54]
Bugpowder	still doing ok i guess	[05:54]
Bugpowder	http://fortunebrainstormtech.files.wordpress.com/2012/06/michael_saylor_yacht_friends.jpg	[05:54]
mircea_popescu	Bugpowder seems kinda crowded :D	[05:54]
assbot	[BTCTC] [COGNITIVE] 1 @ 0.421 BTC [-]	[05:55]
assbot	[BTCTC] [COGNITIVE] 2 @ 0.42 = 0.84 BTC [-]	[05:55]
assbot	[BTCTC] [COGNITIVE] 20 @ 0.411 = 8.22 BTC [-]	[05:55]
assbot	[BTCTC] [COGNITIVE] 2 @ 0.411 = 0.822 BTC [-]	[05:55]
assbot	[BTCTC] [COGNITIVE] 1 @ 0.4459 BTC [+]	[05:56]
mircea_popescu	so... nobody with a btctc account ?	[05:56]
assbot	[MPEX] [S.MPOE] 8400 @ 0.00066568 = 5.5917 BTC [+]	[05:57]
assbot	[MPEX] [S.MPOE] 22000 @ 0.00066568 = 14.645 BTC [+]	[06:01]
Bugpowder	Anyone else notice that there has be some semi-whale like action on s.dice tonight?	[06:03]
Bugpowder	http://satoshidice.com/lookup.php?tx=&limit=100&min_bet=10&status=ALL	[06:03]
Bugpowder	couple 100s, a 250	[06:03]
*	sgornick (~steve@unaffiliated/sgornick) has joined #bitcoin-assets	[06:04]
mircea_popescu	semi-whale lol	[06:07]
mircea_popescu	what, only 100k bet or something ?	[06:07]
Bugpowder	nah	[06:08]
Bugpowder	nothing that big	[06:08]
error4733	good, SD run under EV for one week	[06:09]
Bugpowder	yeah, SDICE up 1300 in the last 100 bets over 10	[06:09]
error4733	wait	[06:10]
error4733	where do u see that	[06:10]
assbot	[MPEX] [O.BTCUSD.C120T] 1000 @ 0.24450216 = 244.5022 BTC [+]	[06:10]
assbot	[MPEX] [O.BTCUSD.C110T] 1000 @ 0.31321887 = 313.2189 BTC [+]	[06:11]
mircea_popescu	;;ticker	[06:11]
gribble	BTCUSD ticker \| Best bid: 14.85109, Best ask: 14.89897, Bid-ask spread: 0.04788, Last trade: 14.89897, 24 hour volume: 45268.43294958, 24 hour low: 14.35600, 24 hour high: 14.92000, 24 hour vwap: 14.62078	[06:11]
*	Luke-Jr has quit (Ping timeout: 260 seconds)	[06:11]
*	Luke-Jr (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets	[06:11]
mircea_popescu	!ticker m c11ot	[06:11]
assbot	I don't give a shit who saw what and who did what or who did who.	[06:11]
mircea_popescu	!ticker m c110t	[06:11]
assbot	Um, shouldn't you be with your own tribe or somethin'?	[06:11]
mircea_popescu	!ticker m o.btcusd.c110t	[06:11]
assbot	[MPEX:O.BTCUSD.C110T] 1D: 0.31226848 / 0.31274367 / 0.31321887 (2000 shares, 625.49 BTC), 7D: 0.21996239 / 0.28818392 / 0.31321887 (2720 shares, 783.86 BTC), 30D: 0.16843117 / 0.25993706 / 0.31321887 (10665 shares, 2,772.23 BTC)	[06:11]
Bugpowder	Please let this bill pass	[06:12]
Bugpowder	http://lofgren.house.gov/images/stories/pdf/draft%20lofgren%20bill%20to%20exclude%20terms%20of%20service%20violations%20from%20cfaa%20%20wre%20fraud%20011513.pdf	[06:12]
Bugpowder	error4733 on my google doc importer	[06:12]
Bugpowder	Try this line	[06:12]
Bugpowder	=ImportHtml("http://satoshidice.com/lookup.php?tx=&limit=1000&min_bet=10&status=ALL","table",0)	[06:12]
Bugpowder	in the first cell of a google spreadsheet	[06:13]
Bugpowder	then you can build your own analysis around it	[06:13]
assbot	[MPEX] [S.MPOE] 9646 @ 0.00066568 = 6.4211 BTC [+]	[06:14]
assbot	[MPEX] [S.MPOE] 7700 @ 0.00066642 = 5.1314 BTC [+]	[06:14]
assbot	[MPEX] [S.MPOE] 254 @ 0.0006698 = 0.1701 BTC [+]	[06:14]
assbot	[MPEX] [S.MPOE] 4206 @ 0.00066482 = 2.7962 BTC [-]	[06:14]
assbot	[MPEX] [S.MPOE] 3594 @ 0.00065882 = 2.3678 BTC [-]	[06:14]
mircea_popescu	Bugpowder who sponsored that ?	[06:15]
Bugpowder	http://lofgren.house.gov	[06:16]
Bugpowder	"Aaron's law"	[06:16]
mircea_popescu	pretty good.	[06:16]
Bugpowder	Let the scraping commence!	[06:16]
Bugpowder	Repping silicon valley	[06:16]
error4733	@bug : ok and ? some manip to do ?	[06:17]
Bugpowder	dude	[06:17]
mircea_popescu	http://lofgren.house.gov/index.php?option=com_content&view=article&id=771:rep-zoe-lofgren-asks-reddit-users-to-crowdsource-legislative-proposals-on-domain-name-seizures&catid=22:112th-news&Itemid=161	[06:17]
mircea_popescu	also	[06:17]
Bugpowder	you can work a spreadsheet	[06:17]
mircea_popescu	anyway, that's all for me. catch you all laters!	[06:17]
Bugpowder	me 2	[06:17]
Bugpowder	later	[06:17]
Bugpowder	the upstreak continues!	[06:17]
*	Now talking on #bitcoin-assets	[12:23]
*	Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://mpex.co \|\| https://coinbr.com \|\| https://cryptostocks.com \|\| https://icbit.se \|\| https://therocktrading.com \|\| https://assets-otc.com \|\| https://www.havelockinvestments.com \|\| https://bitfunder.com \|\| https://btct.co \|\| http://picostocks.com \|\| list bot commands: !help \|\| Streaming trades only: #bitcoin-assets-trades	[12:23]
*	Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Mon Dec 24 19:40:10 2012	[12:23]
mircea_popescu	;;ticker	[12:23]
gribble	BTCUSD ticker \| Best bid: 14.85001, Best ask: 14.87999, Bid-ask spread: 0.02998, Last trade: 14.88000, 24 hour volume: 43785.59666564, 24 hour low: 14.42508, 24 hour high: 14.92000, 24 hour vwap: 14.66609	[12:23]
Diablo-D3	awaaaaaaaaAAaaaaAAAaaaAAaaAAAAAAAaaAAAAAAaaaAAaaAAaAAAy we gooooo	[12:25]
assbot	[MPEX] [S.DICE] 400 @ 0.005879 = 2.3516 BTC [+]	[12:28]
*	Smoovious has quit (Ping timeout: 256 seconds)	[12:48]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[12:49]
mircea_popescu	jcpham smickles check it out : i'm getting sued! 1st rota case http://polimedia.us/trilema/2013/case-i-wences-vs-mpex-breach-of-fiduciary-duty/	[13:03]
Diablo-D3	lolwat	[13:03]
mircea_popescu	yeah	[13:17]
*	Schadenfreude (~m@178.115.250.123.wireless.dyn.drei.com) has joined #bitcoin-assets	[13:30]
*	tonikt (~tonikt@unaffiliated/tonikt) has joined #bitcoin-assets	[13:44]
mircea_popescu	http://www.youtube.com/watch?v=Jsj-37UrxeM	[13:57]
mircea_popescu	welcome to the 90s all over again	[13:57]
*	luke-jr_ (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets	[14:01]
*	Luke-Jr has quit (Read error: Connection reset by peer)	[14:01]
assbot	[MPEX] [S.MPOE] 1811 @ 0.00066217 = 1.1992 BTC [+]	[14:11]
assbot	[MPEX] [S.MPOE] 8350 @ 0.00066194 = 5.5272 BTC [-]	[14:11]
assbot	[MPEX] [S.MPOE] 7139 @ 0.00065987 = 4.7108 BTC [-]	[14:11]
*	FabianB_ (~ogg@p5DE670E1.dip.t-dialin.net) has joined #bitcoin-assets	[14:12]
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*	FabianB has quit (Ping timeout: 248 seconds)	[14:12]
assbot	[MPEX] [S.MPOE] 18208 @ 0.00065987 = 12.0149 BTC [-]	[14:23]
assbot	[MPEX] [S.MPOE] 5392 @ 0.00065943 = 3.5556 BTC [-]	[14:23]
*	rg has quit (Ping timeout: 246 seconds)	[14:45]
*	Guest85913 (~james@iam.jameslogan.ca) has joined #bitcoin-assets	[14:49]
assbot	[MPEX] [S.MPOE] 8858 @ 0.00065943 = 5.8412 BTC [-]	[14:54]
assbot	[MPEX] [S.MPOE] 12042 @ 0.0006592 = 7.9381 BTC [-]	[14:54]
thestringpuller	;;ticker	[14:59]
gribble	BTCUSD ticker \| Best bid: 14.85117, Best ask: 14.91196, Bid-ask spread: 0.06079, Last trade: 14.91196, 24 hour volume: 46332.20423688, 24 hour low: 14.45000, 24 hour high: 14.92000, 24 hour vwap: 14.70084	[14:59]
mircea_popescu	http://i.imgur.com/V1gyt.jpg	[15:02]
*	YohhophoyohhO has quit (Quit: Quitte)	[15:08]
mircea_popescu	http://siliconangle.com/blog/2013/01/15/bitcoinstore-plans-to-take-on-the-world-of-online-electronics-retail-with-btc/	[15:09]
mircea_popescu	seems this one is happening.	[15:09]
mircea_popescu	cool.	[15:09]
assbot	[MPEX] [S.MPOE] 14650 @ 0.0006592 = 9.6573 BTC [-]	[15:13]
*	lautaro (~chippewa_@204.11.229.46.static.etheric.net) has joined #bitcoin-assets	[15:17]
*	YohhophoyohhO (~Yohhophoy@ip-157.net-89-2-228.rev.numericable.fr) has joined #bitcoin-assets	[15:18]
assbot	[MPEX] [S.DICE] 500 @ 0.00579708 = 2.8985 BTC [-]	[15:22]
assbot	[MPEX] [S.DICE] 176 @ 0.00573305 = 1.009 BTC [-]	[15:22]
assbot	[MPEX] [S.MPOE] 9278 @ 0.00066312 = 6.1524 BTC [+]	[15:26]
assbot	[MPEX] [S.MPOE] 21150 @ 0.00066541 = 14.0734 BTC [+]	[15:26]
assbot	[MPEX] [S.MPOE] 20509 @ 0.00066974 = 13.7357 BTC [+]	[15:26]
assbot	[MPEX] [S.MPOE] 13868 @ 0.00067027 = 9.2953 BTC [+]	[15:26]
assbot	[MPEX] [S.MPOE] 17250 @ 0.00067029 = 11.5625 BTC [+]	[15:26]
assbot	[MPEX] [S.MPOE] 5750 @ 0.0006714 = 3.8606 BTC [+]	[15:27]
assbot	[MPEX] [S.MPOE] 20450 @ 0.00067238 = 13.7502 BTC [+]	[15:27]
assbot	[MPEX] [S.MPOE] 75000 @ 0.0006725 = 50.4375 BTC [+]	[15:27]
assbot	[MPEX] [S.MPOE] 8674 @ 0.00067289 = 5.8366 BTC [+]	[15:27]
assbot	[MPEX] [S.MPOE] 18071 @ 0.00067375 = 12.1753 BTC [+]	[15:27]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[15:39]
Bugpowder	!ticker m s.dice	[15:39]
assbot	[MPEX:S.DICE] 1D: 0.00473687 / 0.00503935 / 0.00598999 (145350 shares, 732.47 BTC), 7D: 0.00449034 / 0.00471101 / 0.00598999 (2616031 shares, 12,324.15 BTC), 30D: 0.0014 / 0.00372409 / 0.00598999 (11740066 shares, 43,721.16 BTC)	[15:39]
Bugpowder	Whales have returned	[15:39]
Bugpowder	http://satoshidice.com/lookup.php?tx=&limit=1000&min_bet=10&status=ALL	[15:39]
mircea_popescu	WIN 1000.67350000	[15:41]
mircea_popescu	on less thn 16k	[15:41]
mircea_popescu	800.03870000 less than 8 wow	[15:41]
Bugpowder	In other news	[15:42]
Bugpowder	US jobless aid applications fall to 5-year low	[15:42]
Bugpowder	SP500 is gonna blow thru the 5 year high today	[15:43]
mircea_popescu	that's pretty bad news innit.	[15:43]
Bugpowder	no, unemployment	[15:43]
Bugpowder	apps down to 5 year low	[15:44]
Bugpowder	335k	[15:44]
mircea_popescu	yes but that just means chronical unemployment is becoming unamangeable	[15:44]
mircea_popescu	these aren't people who found jobs.	[15:44]
Bugpowder	heh	[15:44]
Bugpowder	well	[15:44]
Bugpowder	There is roll off issues	[15:44]
mircea_popescu	there is something else ?	[15:45]
Bugpowder	hiring	[15:45]
mircea_popescu	i have my doubts about that.	[15:45]
mircea_popescu	other than govt and high skilled tech jobs there's no hiring.	[15:45]
mircea_popescu	govt is a pointless expense and high skilled techs have no business playing the employee anwyay	[15:46]
assbot	[MPEX] [S.BBET] 201 @ 0.00150005 = 0.3015 BTC [-]	[15:46]
Bugpowder	The C140Ts are the ugly duckling of the MPOE	[15:47]
Bugpowder	y u no buy?	[15:47]
assbot	[MPEX] [S.MPOE] 7100 @ 0.0006647 = 4.7194 BTC [-]	[15:52]
mircea_popescu	kinda weird how that works	[15:54]
mircea_popescu	peak volume at 11/12	[15:54]
Bugpowder	yeah	[15:54]
Bugpowder	like	[15:54]
mircea_popescu	you'd expect it to be centered atm	[15:54]
mircea_popescu	not 2 under	[15:54]
Bugpowder	arent the strike price options the highes leverage usually?	[15:54]
mircea_popescu	yeah	[15:55]
Bugpowder	I dunno how the spread effects that	[15:55]
Bugpowder	affect	[15:55]
mircea_popescu	i wonder if i have a pricing issue	[15:55]
Bugpowder	more likely people are non-rational	[15:55]
Bugpowder	buyers	[15:55]
mircea_popescu	then again... maybe person isn't into leverage	[15:55]
mircea_popescu	but some sort of particular hedging ?	[15:55]
Bugpowder	heyo!	[15:57]
Bugpowder	;;ticker	[15:57]
mircea_popescu	attention ladies making millions in btc : http://polimedia.us/dtng/c/src/135842974497.jpg	[15:57]
gribble	BTCUSD ticker \| Best bid: 14.95895, Best ask: 14.96000, Bid-ask spread: 0.00105, Last trade: 14.95895, 24 hour volume: 45073.86760974, 24 hour low: 14.45000, 24 hour high: 14.97000, 24 hour vwap: 14.72695	[15:57]
mircea_popescu	always wear panties when helicoptering.	[15:57]
*	gigavps (~me@rrcs-71-42-11-79.se.biz.rr.com) has joined #bitcoin-assets	[15:58]
*	Fiddle (~Fiddle@dslb-188-101-239-009.pools.arcor-ip.net) has joined #bitcoin-assets	[15:59]
*	luke-jr_ is now known as Luke-Jr	[16:01]
assbot	[MPEX] [S.DICE] 1000 @ 0.00565991 = 5.6599 BTC [-]	[16:02]
assbot	[MPEX] [S.DICE] 2274 @ 0.00565992 = 12.8707 BTC [+]	[16:02]
*	kakobrekla (~T42@89-212-41-49.static.t-2.net) has joined #bitcoin-assets	[16:06]
pigeons	i don't know what's going on with this dice price	[16:11]
pigeons	!ticker m S.MPOE	[16:11]
assbot	[MPEX:S.MPOE] 1D: 0.00064635 / 0.00066278 / 0.00067375 (780682 shares, 517.43 BTC), 7D: 0.00062769 / 0.00065893 / 0.00067375 (6816444 shares, 4,491.59 BTC), 30D: 0.00058738 / 0.00063911 / 0.00067375 (39841651 shares, 25,463.37 BTC)	[16:11]
Bugpowder	supply and demand dude	[16:12]
Bugpowder	also whale betting has resumed	[16:12]
pigeons	ok i don't know is going on with the demand for this dice	[16:12]
mircea_popescu	welcome to the clu	[16:12]
mircea_popescu	b	[16:12]
Bugpowder	What if the world economy had 1 company that made money	[16:12]
Bugpowder	big money	[16:12]
mircea_popescu	o btw pigeons , 1st rota case.	[16:13]
pigeons	oh?	[16:15]
mircea_popescu	http://polimedia.us/trilema/2013/case-i-wences-vs-mpex-breach-of-fiduciary-duty/	[16:17]
*	Bugpowder has quit (Ping timeout: 245 seconds)	[16:17]
assbot	[MPEX] [S.MPOE] 14000 @ 0.0006647 = 9.3058 BTC [-]	[16:17]
assbot	[MPEX] [S.MPOE] 10450 @ 0.00067375 = 7.0407 BTC [+]	[16:17]
pigeons	OK then.	[16:21]
*	tonikt has quit (Quit: Leaving)	[16:22]
thestringpuller	mircea_popescu: did you mess up a deposit?	[16:27]
mircea_popescu	the op ddi.	[16:30]
pigeons	https://bitcoincaptcha.com/	[16:33]
mircea_popescu	is it "pay some satoshi here to display page" ?	[16:34]
*	Guest99919 is now known as topace	[16:35]
*	topace has quit (Changing host)	[16:35]
*	topace (~kvirc@unaffiliated/topace) has joined #bitcoin-assets	[16:35]
pigeons	yes	[16:39]
pigeons	dusplays a qr code for that	[16:40]
kakobrekla	btw	[16:40]
kakobrekla	anyone uses these codes oftenly?	[16:40]
pigeons	also released a WP plugin so download this content via bitcoincapcha	[16:40]
pigeons	no	[16:40]
kakobrekla	seems like a dead tech mostly	[16:40]
pigeons	one day someone will think of a use haha	[16:40]
kakobrekla	:D	[16:40]
mircea_popescu	kakobrekla you mean qr codes ?	[16:41]
kakobrekla	xs	[16:41]
kakobrekla	ya	[16:41]
mircea_popescu	yeah.	[16:41]
mircea_popescu	i know there's people who use them to pass mpex stuff from cold to hot machine	[16:41]
kakobrekla	we are excluding thoese two people from the study	[16:42]
mircea_popescu	like a dozen you hater you	[16:42]
kakobrekla	:D:D	[16:42]
mircea_popescu	and i also plan to trampstamp my hos with qr codes	[16:42]
mircea_popescu	so i can more effectually keep track	[16:42]
kakobrekla	lol	[16:42]
kakobrekla	they are valid until pussy smells	[16:43]
mircea_popescu	;/	[16:43]
mircea_popescu	ruined my appetite.	[16:43]
kakobrekla	aw sorry	[16:43]
pizzaman1337	kakobrekla: how's your EA going?	[16:44]
kakobrekla	pizzaman1337 i code and i code and i code	[16:44]
pizzaman1337	kakobrekla: do you profit and profit and profit too?	[16:44]
kakobrekla	:D	[16:44]
kakobrekla	yeah	[16:44]
kakobrekla	well	[16:44]
kakobrekla	i have some interesting stuff that im testing now	[16:44]
kakobrekla	wasnt souch a good month so far	[16:45]
kakobrekla	a bunch of bad entry points	[16:45]
kakobrekla	i fix.	[16:46]
kakobrekla	;)	[16:46]
pizzaman1337	cool	[16:46]
kakobrekla	im trying to use critticall now	[16:46]
pizzaman1337	I'll be back to bit4x in a month or two probably, busy at the moment with other stuff	[16:46]
pigeons	here, plug bitcoin into this http://www.kk.org/thetechnium/archives/2013/01/ill_pay_you_to.php	[16:46]
kakobrekla	http://critticall.com/	[16:46]
pizzaman1337	interesting	[16:47]
kakobrekla	accually i know the person who made it :)	[16:47]
*	JWU_42 (3281faba@gateway/web/freenode/ip.50.129.250.186) has joined #bitcoin-assets	[16:48]
mircea_popescu	Amazon Kindles today already track bookmark usage patterns which they relay back to Amazon on via its wireless Whispernet.	[16:49]
mircea_popescu	fuck that shit	[16:49]
Diablo-D3	mircea_popescu: erm? its just cloud sync	[16:49]
mircea_popescu	dude reading is private	[16:49]
mircea_popescu	i don't want some idiots counting my page turns.	[16:50]
Diablo-D3	then... dont use kindles?	[16:50]
mircea_popescu	i don't.	[16:50]
*	Diablo-D3 facepalms	[16:50]
Diablo-D3	dude	[16:50]
Diablo-D3	I can pick up a kindle	[16:50]
Diablo-D3	read	[16:50]
Diablo-D3	turn it off	[16:50]
Diablo-D3	then load up it on a different device	[16:50]
Diablo-D3	and continue reading where I left off	[16:50]
assbot	[MPEX] [S.MPOE] 3000 @ 0.00067374 = 2.0212 BTC [-]	[16:50]
mircea_popescu	so ?	[16:50]
Diablo-D3	thats what syncing is.	[16:50]
Diablo-D3	its where multiple devices share the same state	[16:51]
assbot	[MPEX] [S.MPOE] 7679 @ 0.00067375 = 5.1737 BTC [+]	[16:51]
mircea_popescu	then we're talking of diff things.	[16:51]
assbot	[MPEX] [S.MPOE] 19089 @ 0.00067389 = 12.8639 BTC [+]	[16:51]
Diablo-D3	EskimoBob: amazon has yet to enforce it on anyone	[16:52]
assbot	[MPEX] [S.MPOE] 8900 @ 0.00067439 = 6.0021 BTC [+]	[16:52]
Diablo-D3	they cant seem to make a working DRM	[16:52]
Diablo-D3	I dont think they want to	[16:52]
Diablo-D3	its not hard	[16:52]
*	thestringpuller has quit (Read error: Connection reset by peer)	[16:53]
pigeons	i think the funny thing is one of the first books amazon literally took back after publisher isses even after folks had paid for it was "1984"	[16:54]
mircea_popescu	lol	[16:55]
mircea_popescu	also bullshit. what the fuck "take back"	[16:55]
mircea_popescu	this crap needs to die. apple, amazon, the whole shebang.	[16:56]
mircea_popescu	electronic devices where the buyer isn't the root user should be illegal.	[16:56]
*	tonikt (~tonikt@unaffiliated/tonikt) has joined #bitcoin-assets	[16:56]
mircea_popescu	making them illegal will pretty much be mpex's largest lobby effort in the future, im pretty sure.	[16:57]
pigeons	funnier that that is i've literally often encountered people who actually think apple is like a humanitarian organization	[16:57]
mircea_popescu	ya, sure, in the sense the dutch slave transporters were humanitarians	[16:57]
pigeons	oh shit mpex gonna get political, sell sell	[16:57]
mircea_popescu	i never heard of a company that size which managed to avoid getting political.	[16:57]
pigeons	bfl is bigger and they ain't political	[16:58]
Diablo-D3	[09:54:49] i think the funny thing is one of the first books amazon literally took back after publisher isses even after folks had paid for it was "1984"	[16:58]
Diablo-D3	they also said thats not happening again	[16:58]
mircea_popescu	pigeons give them a little lol	[16:58]
Diablo-D3	they amended the licensing agreement with all the publishers that if they have to do that: too fucking bad	[16:59]
pigeons	praise bezos	[16:59]
Diablo-D3	the reason 1984 was recalled was because the publisher apparently didnt have the rights to publish it as an ebook	[16:59]
Diablo-D3	and amazon ended up replacing it anyhow	[16:59]
mircea_popescu	no! rabble! RABBLE!	[16:59]
pigeons	still funny	[16:59]
Diablo-D3	the problem was people lost any bookmarks and notes on the title	[16:59]
Diablo-D3	due to how amazon stores data in the kindle software	[17:00]
Diablo-D3	I mean, at least Amazon fixed it and put it place that it cant happen again	[17:00]
pigeons	thanks amazon-pr	[17:00]
assbot	[MPEX] [S.MPOE] 8850 @ 0.00067615 = 5.9839 BTC [+]	[17:01]
Diablo-D3	pigeons: is it still pr if they actually fix it?	[17:01]
assbot	[MPEX] [S.MPOE] 100 @ 0.00067827 = 0.0678 BTC [+]	[17:02]
pigeons	yes	[17:02]
*	GoMaD_ (~GoMaD@84.201.30.138) has joined #bitcoin-assets	[17:02]
mircea_popescu	Diablo-D3 quoth mpoe-pr : "pr is being right. packaging is secondary."	[17:03]
pigeons	or i'll kick you in the GoMaD_s	[17:03]
mircea_popescu	i guess she'd have been taken out and shot if she worked for anyone else	[17:03]
*	Korbman (ada62aad@gateway/web/freenode/ip.173.166.42.173) has joined #bitcoin-assets	[17:05]
pigeons	Korbman: keep buying those S.DICE	[17:05]
Korbman	I'd love to. Anybody want to give me money?	[17:05]
pigeons	apparantly	[17:06]
pigeons	pigeon pass through only 4%, pm	[17:06]
kakobrekla	ill pass you through PPT (no association with pirate) for 4.20% only	[17:07]
*	terryww has quit (.net .split)	[17:07]
*	topace has quit (.net .split)	[17:07]
*	unknown45682 has quit (.net .split)	[17:07]
*	GoMaD has quit (.net .split)	[17:07]
Korbman	what's with all the .net, .split quits?	[17:09]
Korbman	I'm not familiar with that one	[17:09]
pigeons	it's the way the IRC protocol/network works	[17:09]
mircea_popescu	clients connect to servers. servers sometimes lose connections to each other	[17:09]
mircea_popescu	clients on either side of this split see clients on the other side as netsplit.	[17:10]
pigeons	that server and the users connected aren't reachable termporarily	[17:10]
*	terryww (~terryww@95.87.143.250) has joined #bitcoin-assets	[17:10]
pigeons	so terryww you manually joined a different server? Korbman was asking about netsplits	[17:10]
terryww	pigeons, what?	[17:11]
SomeoneWeird	they probably just reconnected	[17:11]
mircea_popescu	pigeons you can pick the server if you want to, just bypass the dns	[17:11]
SomeoneWeird	(the servers)	[17:11]
Korbman	Got it	[17:11]
Korbman	Googling helped as well of course	[17:11]
pigeons	yeah, i was demoing for Korbman how most will rejoin when the server sees the other servers, but terry was different	[17:12]
*	topace (~kvirc@ottawa-hs-69-20-234-37.s-ip.magma.ca) has joined #bitcoin-assets	[17:12]
Korbman	yup, topace is back	[17:12]
Korbman	I imagine the other two will pop back soon as well	[17:12]
*	topace is now known as Guest14444	[17:13]
mircea_popescu	what happened here was that their server died, and this was reported first to the irc network and then to the clients linked to it.	[17:13]
mircea_popescu	they just saw their connection die and reloaded, ending up back on	[17:13]
Korbman	indeed	[17:13]
mircea_popescu	someone that understands mining care to comment on	[17:14]
mircea_popescu	"Unless I misunderstand something, having 1gb blocks would pose significant problems for pretty much all miners, and would not be necessarily trivial to handle on asics designed with 1mb/block assumptions in mind."	[17:14]
mircea_popescu	?	[17:14]
kakobrekla	would need to check what comes out the GBH or whatever is called protocol	[17:17]
Guest14444	im back yes?	[17:22]
Schadenfreude	GBH? I only know GHB, it's an easy entry synthesis, kinda babby's first home-made drug	[17:22]
*	Guest14444 is now known as topace_	[17:22]
topace_	grr	[17:22]
*	topace_ has quit (Changing host)	[17:22]
*	topace_ (~kvirc@unaffiliated/topace) has joined #bitcoin-assets	[17:22]
*	lautaro has quit (Remote host closed the connection)	[17:22]
kakobrekla	a sry	[17:23]
topace_	what was that a netsplit?	[17:23]
kakobrekla	its GBT	[17:23]
kakobrekla	https://en.bitcoin.it/wiki/Getblocktemplate	[17:23]
mircea_popescu	getblocktemplate	[17:23]
mircea_popescu	https://bitcointalk.org/index.php?topic=131035.0	[17:24]
kakobrekla	the problem is downloading this this	[17:24]
kakobrekla	nothing else really	[17:24]
mircea_popescu	that's a good comparison i thought. bw is an important limiting factor for miners.	[17:24]
kakobrekla	this this = this shit	[17:24]
mircea_popescu	yeah	[17:24]
assbot	[HAVELOCK] [SDICE] 3 @ 0.5 = 1.5 BTC [+]	[17:35]
topace_	with stratum bandwidth isnt an issue	[17:36]
topace_	i have 25GH running and it uses less than a 28.8 modem	[17:37]
Diablo-D3	heh, I should add stratum to diablominer	[17:37]
Diablo-D3	but meh =/	[17:37]
mircea_popescu	topace_ on 1mb capped blocks.	[17:40]
mircea_popescu	if they were 1gb that'd be more than a t1 ?	[17:40]
assbot	[BTCTC] [GOLD] 1 @ 1.1893 BTC [-]	[17:41]
Korbman	T1 is slow as shit, so probably	[17:41]
Diablo-D3	T1 is 1.544mbps	[17:41]
Diablo-D3	my DSL is approximately two those.	[17:41]
Korbman	Indeed	[17:42]
Diablo-D3	you know, when I was a kid	[17:42]
Diablo-D3	I wanted a T1	[17:42]
Diablo-D3	because all we had was dialup, and we didnt even have 56k yet	[17:42]
Diablo-D3	I started with 2400, then had 14.4, then had 33.6, then 56k for awhile	[17:43]
mircea_popescu	topace_ now multiply that 1.5 mbps with 100 because 2.5th won't be too rare by the time blocks are 1gb	[17:43]
Diablo-D3	and then I had 768k dsl and now 3mbps	[17:43]
Diablo-D3	and soon as fairpoint gets done raping verizon's dead corpse, Ill get 15	[17:44]
Korbman	when I was a kid I was happy to have 28.8 ..then we moved up to 56 and damn it was "fast"	[17:44]
*	Fiddle has quit (Ping timeout: 248 seconds)	[17:44]
Diablo-D3	man, 56k was lol	[17:44]
Diablo-D3	2 days to download an episode of anime	[17:44]
Diablo-D3	and it wasnt even good quality	[17:44]
Korbman	and then I went straight from that to 1mbps cable and shit my pants	[17:44]
assbot	[BTCTC] [BTC-TRADING-PT] 10 @ 0.1435 = 1.435 BTC [-]	[17:45]
Korbman	now I'm on 25mbps and I think it's too slow sometimes :P	[17:45]
*	mircea_popescu strokes his 128mbps	[17:45]
Korbman	Google Fiber please!	[17:45]
Korbman	haha	[17:45]
Diablo-D3	well, all I want is netflix in hd	[17:46]
mircea_popescu	you should all move to romania	[17:46]
mircea_popescu	best internet outside of azn.	[17:46]
jcpham	i wikipedia stalked your country i think	[17:47]
mircea_popescu	o?	[17:47]
jcpham	now i forget everything i learned	[17:47]
*	thestringpuller (~leflor@99-39-98-185.lightspeed.tukrga.sbcglobal.net) has joined #bitcoin-assets	[17:48]
mircea_popescu	lol	[17:50]
thestringpuller	mircea_popescu: i stole some code from work to help with the endeavor	[17:50]
thestringpuller	down with the banks!	[17:51]
thestringpuller	!ticker S.MPOE	[17:51]
assbot	Provide exchange and ticker.	[17:51]
thestringpuller	!ticker m S.MPOE	[17:51]
assbot	[MPEX:S.MPOE] 1D: 0.00064635 / 0.0006636 / 0.00067827 (852750 shares, 565.89 BTC), 7D: 0.00062769 / 0.00065914 / 0.00067827 (6872362 shares, 4,529.89 BTC), 30D: 0.00058998 / 0.00063929 / 0.00067827 (39819121 shares, 25,456.12 BTC)	[17:51]
thestringpuller	!ticker m O.BTCUSD.C140T	[17:52]
assbot	[MPEX:O.BTCUSD.C140T] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.10808014 / 0.12130616 / 0.14775821 (15 shares, 1.82 BTC), 30D: 0.01359389 / 0.02685208 / 0.19999999 (1051 shares, 28.22 BTC)	[17:52]
thestringpuller	;;ticker	[17:52]
gribble	BTCUSD ticker \| Best bid: 14.87203, Best ask: 14.98901, Bid-ask spread: 0.11698, Last trade: 14.87001, 24 hour volume: 47086.67851179, 24 hour low: 14.45900, 24 hour high: 14.99002, 24 hour vwap: 14.76172	[17:52]
mircea_popescu	shit did it touch 15 ?	[17:52]
mircea_popescu	wow 14.99	[17:52]
thestringpuller	about to	[17:52]
thestringpuller	:)	[17:53]
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*	assbot (~assbot@78.46.215.65) has joined #bitcoin-assets	[17:53]
*	ChanServ gives channel operator status to assbot	[17:53]
topace_	no, the difficulty for stratum will just go up	[17:53]
topace_	right now each block i submit to the pool is worth 16 shares	[17:53]
topace_	with 2.5TH, each block i submit will be worth like, 64 shares	[17:54]
topace_	or whatever	[17:54]
topace_	it'll still try to submit x blocks every x minutes	[17:54]
mircea_popescu	hm	[17:55]
mircea_popescu	i dunno, you actually have to somehow get the data you're hashing	[17:55]
kakobrekla	i got rid of all my gear except for single moded ztex runing 260mhash, ill just put it on solo and check in 10 years	[17:55]
assbot	[BTCTC] [BTC-TRADING-PT] 90 @ 0.1435 = 12.915 BTC [-]	[17:56]
kakobrekla	like playin a lottery i guess	[17:56]
topace_	yea but the hash string is a short piece of text	[17:56]
assbot	[MPEX] [S.DICE] 500 @ 0.00587899 = 2.9395 BTC [+]	[17:57]
*	terryww has quit (Ping timeout: 256 seconds)	[17:59]
assbot	[HAVELOCK] [SDICE] 5 @ 0.509 = 2.545 BTC [+]	[18:00]
Korbman	So the reality is, even at a TH/s bandwidth shouldn't be an issue?	[18:01]
topace_	right	[18:02]
topace_	thats what stratum solves	[18:02]
mircea_popescu	kakobrekla> i got rid of all my gear except for single moded ztex runing 260mhash, ill just put it on solo and check in 10 years << tbh, if i mined i'd solo too.	[18:03]
Korbman	that's what I presumed, but I wasn't sure the exact amount of data consumed per, say, 1GH/s	[18:03]
*	[\] has quit (Read error: Connection reset by peer)	[18:04]
Korbman	bandwidth* consumed	[18:05]
mircea_popescu	Korbman there are two factors here : hash speed and average block size.	[18:05]
mircea_popescu	the ideea is that both will go up by degrees of magnitude (like, one or two every year)	[18:05]
Korbman	Right	[18:05]
Korbman	makes sense	[18:05]
mircea_popescu	and the question is, are there asumptions baked in (or even burned into silicon)	[18:05]
mircea_popescu	that this may conflict with	[18:05]
mircea_popescu	i have no clue about mining, but i've managed projects before and i'm inclined to suspect that probably there are.	[18:06]
*	vampireb (~vampireb@blood.vampire.ro) has joined #bitcoin-assets	[18:07]
*	[\] (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets	[18:07]
jcpham	i'm going to keep mining as long as the orphanage is paying my power bill	[18:08]
pigeons	mircea_popescu: the other, non bfl asic manufacturers have mentioned that their devices are agnostic to bitcoin mining, only for sha-256 hashing and i think even agnosting to the 2x256 thing and all that detail stuff being handled in host controller software	[18:09]
assbot	[HAVELOCK] [SDICE] 5 @ 0.51 = 2.55 BTC [+]	[18:12]
pigeons	but if big blocks like that, bfl has to rewrite their tablet software!	[18:15]
pigeons	anyway, see, if they were a scam, why even write that in the first place!	[18:15]
pigeons	who is this Shavers guy BFL hired for marketing?	[18:16]
Korbman	lol	[18:16]
*	beetlebee (4f720dea@gateway/web/freenode/ip.79.114.13.234) has joined #bitcoin-assets	[18:18]
*	lautaro_ (~chippewa_@67-203-147-98.static-ip.telepacific.net) has joined #bitcoin-assets	[18:18]
assbot	[HAVELOCK] [SDICE] 50 @ 0.515 = 25.75 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 8 @ 0.52 = 4.16 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 5 @ 0.5275 = 2.6375 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 10 @ 0.52999999 = 5.3 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 1 @ 0.55 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 30 @ 0.55 = 16.5 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 8 @ 0.58 = 4.64 BTC [+]	[18:21]
assbot	[HAVELOCK] [SDICE] 9 @ 0.58 = 5.22 BTC [+]	[18:22]
assbot	[MPEX] [S.MPOE] 2000 @ 0.00067826 = 1.3565 BTC [-]	[18:22]
assbot	[MPEX] [S.MPOE] 4550 @ 0.00067827 = 3.0861 BTC [+]	[18:22]
Korbman	damn...glad to see I'm still holding my shares of SDICE bought at .37 :P	[18:23]
Korbman	57% gain in 2 weeks	[18:23]
topace_	:)	[18:23]
topace_	!ticker h sdice	[18:25]
assbot	[HAVELOCK:SDICE] 1D: 0.48000000 / 0.52973776 / 0.58000000 (143 shares, 75.75249990 BTC), 7D: 0.47500000 / 0.49032197 / 0.58000000 (719 shares, 352.54149990 BTC), 30D: 0.37000000 / 0.45605941 / 0.62000000 (3678 shares, 1677.38649988 BTC)	[18:25]
topace_	we'll see what happens on next dividend	[18:26]
topace_	i think a lot of people foolishly think that the crazy up luck month of december will continue	[18:26]
Korbman	yup	[18:27]
jurov	got announcements from amir/genjix:	[18:29]
jurov	I know how to format Sunday. Some of you will also know how to format	[18:29]
jurov	Sunday night events. I think we should definitely do it that way.	[18:29]
jurov	It's cold outside so we'll do it inside instead.	[18:29]
jurov	like,wtf?	[18:29]
Korbman	;;ticker	[18:31]
gribble	BTCUSD ticker \| Best bid: 14.90004, Best ask: 15.00000, Bid-ask spread: 0.09996, Last trade: 14.90004, 24 hour volume: 48207.48847395, 24 hour low: 14.45900, 24 hour high: 15.00000, 24 hour vwap: 14.77713	[18:31]
Korbman	yay $15	[18:31]
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*	Luke-Jr (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets	[18:32]
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*	OneFixt (~OneFixt@unaffiliated/onefixt) has joined #bitcoin-assets	[18:41]
jcpham	We have good news we have had a new shipment come in yesterday and were able to ship it to you.	[18:41]
jcpham	YAY	[18:41]
jcpham	fifteen	[18:44]
*	rdponticelli has quit (Quit: No Ping reply in 180 seconds.)	[18:45]
*	rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets	[18:48]
mircea_popescu	it hit ?	[18:49]
jcpham	over	[18:49]
mircea_popescu	pigeons aha	[18:49]
jcpham	15.15 the kids are bidding	[18:49]
mircea_popescu	i think a lot of people foolishly think that the crazy up luck month of december will continue << actually december wasn't much off ev was it ?	[18:50]
mircea_popescu	jurov what's it mean to format sunday ?	[18:50]
jcpham	+Jan17 16:49:36 bitstamp 10.0000 @ 15.01 USD	[18:51]
jcpham	+Jan17 18:49:30 cbx 5.5012 @ 14.31 USD	[18:51]
jcpham	+Jan17 16:49:53 mtgox 0.2500 @ 15.15029 USD	[18:51]
jcpham	+Jan17 16:49:58 bitme 5.2000 @ 15.29 USD	[18:51]
jcpham	+Jan17 18:49:53 cbx 0.1366 @ 14.31 USD	[18:51]
jcpham	* i2pRelay (~i2prelay@gateway/tor-sasl/i2prelay) has joined #bitcoin-market	[18:51]
jcpham	+Jan17 16:50:22 btcn 1.0000 @ 91.98 CNY	[18:51]
jcpham	+Jan17 16:50:22 mtgox x23 24.6047 @ 15.16041205 USD	[18:51]
jcpham	sorry for spam	[18:51]
jurov	mircea, dunno, perhaps some anarchist thing	[18:51]
mircea_popescu	lol	[18:51]
jcpham	it's every exchange too not just gox	[18:51]
jcpham	that's fun to see	[18:51]
mircea_popescu	well in other news i made myself chocolate	[18:52]
jcpham	haha	[18:52]
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smickles	damn mircea_popescu, who do you think will be chosen as judges	[18:58]
assbot	[MPEX] [O.BTCUSD.C140T] 110 @ 0.1385 = 15.235 BTC [-]	[18:59]
assbot	[MPEX] [O.BTCUSD.C140T] 510 @ 0.1409839 = 71.9018 BTC [+]	[18:59]
mircea_popescu	smickles well i have no idea, seeing how neither party gave any input. random pick	[18:59]
jcpham	judges for what	[19:00]
jcpham	rota has to work?	[19:00]
smickles	yup	[19:00]
mircea_popescu	jcpham i hilited you like yest lol	[19:00]
jcpham	booo....free money	[19:00]
jcpham	i was at home yesterday	[19:01]
jcpham	that client is the suck	[19:01]
mircea_popescu	http://polimedia.us/trilema/2013/case-i-wences-vs-mpex-breach-of-fiduciary-duty/	[19:01]
jcpham	so which entity? k	[19:01]
*	Tatsuya (~Great_Sco@46.21.99.29) has joined #bitcoin-assets	[19:02]
smickles	so who is EF0641A7?	[19:02]
jcpham	yes where can ireadup on the particulars	[19:03]
smickles	(the signer of the claim)	[19:03]
jcpham	also it looks like this dispute is against mpex et al.	[19:03]
*	terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets	[19:05]
smickles	maybe i shouldn't start discussing details in case i'm chosen as a judge	[19:05]
jcpham	i think you are correct. no cross- talk	[19:05]
jcpham	but i would like any and al details to the particulars	[19:05]
jcpham	"for	[19:06]
jcpham	the sum of 130.04256216 mistakenly sent 130.00 BTC instead."	[19:06]
jcpham	is all i have deciphered thus far	[19:06]
mircea_popescu	well, dude sent round value	[19:07]
mircea_popescu	you can see it in the blockchain	[19:07]
mircea_popescu	now wants to claim it.	[19:07]
jcpham	so it's a ssimple as someone not follwing the rules	[19:08]
jcpham	i assume mpex to be automated	[19:08]
mircea_popescu	why do you assume that ?!	[19:08]
jurov	did he at least send the additional 0.04256216?	[19:08]
jcpham	if it was mine it would be automated	[19:09]
jurov	i would, and then i'd argue it was nowhere sait it must be sent at once :P	[19:09]
smickles	jcpham: deposits arn't automated	[19:09]
mircea_popescu	jurov that's a different transaction	[19:09]
mircea_popescu	happens to also be 130 btc	[19:09]
smickles	*fully	[19:09]
mircea_popescu	and yes it's said it has to be sent at once lol	[19:10]
smickles	well, I can't wait to see the argments presented	[19:10]
jcpham	iirc the mpex faq had some such statement about incorrect amounts	[19:10]
smickles	and I wonder if i'll be chosen as a judge or not	[19:10]
jurov	lol, there's a nice public note on blockchain.info.. did not knew this is possible	[19:10]
jcpham	very interesting	[19:10]
mircea_popescu	jurov whassat ?	[19:10]
jurov	go to http://blockchain.info/address/1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx	[19:11]
jurov	scroll down	[19:11]
assbot	[MPEX] [S.DICE] 25 @ 0.00594222 = 0.1486 BTC [+]	[19:11]
jurov	or grep "Public Note:"	[19:11]
mircea_popescu	da fuck !?	[19:12]
jcpham	mmmmhmmm	[19:12]
mircea_popescu	is that the result of him signing the message ?	[19:12]
smickles	i think it's stuff you can put in the tx	[19:12]
jcpham	i am actually unsure	[19:12]
mircea_popescu	me too.	[19:12]
jurov	no you can't put stuff like this into tx	[19:13]
smickles	use bitcoind help sendtoaddress	[19:13]
mircea_popescu	this will be an interesting case i think	[19:13]
jurov	he mush have associated it some other way	[19:13]
mircea_popescu	jurov iirc you can put it via blockchain	[19:13]
mircea_popescu	they add a little tag and keep a db	[19:13]
jcpham	i'm thinking blockchain wallet	[19:13]
mircea_popescu	tho i wouldn't sear to this	[19:13]
smickles	1there are coinbase fields for [comment] and [comment-to]	[19:13]
jcpham	if it was in the tranasaction then the transaction isn't amistake	[19:14]
jcpham	so that idea negates the claim	[19:14]
mircea_popescu	that's a point...	[19:14]
smickles	https://bitcointalk.org/index.php?topic=40264.msg1158100#msg1158100	[19:15]
smickles	re blockchain notes	[19:16]
jcpham	If bitcointalk wasn't such a toxic waste dump I'd suggest someone curate this information ina thread	[19:17]
jcpham	i'm fine i have my own notes	[19:17]
mircea_popescu	jcpham do it on my forum	[19:17]
jcpham	and where is that	[19:18]
smickles	and they use OP_DROP to put the message in	[19:18]
mircea_popescu	http://polimedia.us/btcf/	[19:18]
smickles	oh lol, i forgot about that	[19:18]
mircea_popescu	smickles so basically, it's not a signature or anything ?	[19:18]
mircea_popescu	smickles i forgot about it too lol.	[19:18]
smickles	mircea_popescu: if it's in the tx, it is signed by the sender	[19:19]
smickles	it's one of the 'scripts'	[19:19]
mircea_popescu	problem is, the addies that signed are not the addies that sent the 130	[19:19]
mircea_popescu	so this isn't actually proof is it	[19:19]
smickles	what are you saying it's not proof of? it looks like a message they put up when decided to sue mpex	[19:20]
jcpham	i assume the message was added after the fact and blochain.info allows something special	[19:21]
mircea_popescu	smickles it's not proof that the same person actually sent the 130	[19:21]
jcpham	it appears that way from the information i am reading	[19:21]
mircea_popescu	understand, anyone watching mpex addy can claim any rounded sums	[19:21]
mircea_popescu	as far as i know.	[19:21]
jcpham	so now there is the issue of ownership	[19:22]
jcpham	how does one prove ownership	[19:22]
mircea_popescu	either sign with the addy or show the deposit slip issued by mpex.	[19:22]
jcpham	we know who or where the current owner is, but can the previous owner prove ownership	[19:22]
mircea_popescu	i would guess	[19:22]
mircea_popescu	or anything else the judges come up with	[19:23]
mircea_popescu	that's why they're there	[19:23]
smickles	i don't think the message could be added after the fact, it's in the tx afaik, however, the tx with the message was made on this past 17th, and isn't the 130 btc in question	[19:24]
smickles	so what are you guys on about?	[19:25]
JWU_42	15.30	[19:25]
JWU_42	on Gox	[19:25]
JWU_42	=)	[19:25]
smickles	no wai	[19:25]
topace_	heh this is gonna crash hard	[19:25]
smickles	;;ticker	[19:25]
gribble	BTCUSD ticker \| Best bid: 15.29900, Best ask: 15.29980, Bid-ask spread: 0.00080, Last trade: 15.29900, 24 hour volume: 51318.02221687, 24 hour low: 14.45900, 24 hour high: 15.29990, 24 hour vwap: 14.82395	[19:25]
jcpham	it's derping crazy	[19:26]
jcpham	the price, that ios	[19:26]
assbot	[MPEX] [S.DICE] 548 @ 0.00594222 = 3.2563 BTC [+]	[19:26]
smickles	people freaking out about the state of the world and going to bitcoin would be interesting	[19:27]
smickles	jcpham: did you see what i declared as my company's themesong?	[19:27]
jcpham	i never listened to it	[19:27]
smickles	ah well, i suppose it's not really important	[19:28]
mircea_popescu	whoa	[19:28]
jcpham	i saw the link but got busy	[19:28]
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JWU_42	15.32	[19:31]
jurov	smickles. the message was certainly NOT in the tx. it looks like was just slapped on some other unrelated tx using blockchain.info	[19:31]
JWU_42	heh	[19:31]
jcpham	the plaintiff will need to prove ownership. i don't see where that has been performed yet.	[19:33]
jcpham	maybe i've missed something	[19:33]
smickles	jurov: that's what i'm saying, the message is on an unrelated tx	[19:33]
jcpham	from the same address for a token amount	[19:33]
*	Tritonio (~Tritonio@62.1.245.248.dsl.dyn.forthnet.gr) has joined #bitcoin-assets	[19:33]
smickles	http://polimedia.us/btcf/viewtopic.php?f=9&t=17	[19:33]
smickles	canada's next	[19:33]
jcpham	however this doesn't prove an identity or ownership	[19:33]
jurov	OK, being "in" and "on" is quite a difference :)	[19:33]
Tritonio	hae you people seen the amazingrando scam accusation? How big was his mining op?	[19:35]
smickles	jurov: well, i wasn't making the distinction there, maybe out of my own ignorrance, but i saw a statement by piuk that those blockchian messags are in txns via OP_DROP	[19:35]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.8001 BTC [-]	[19:35]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.8 BTC [-]	[19:35]
mircea_popescu	http://polimedia.us/trilema/2013/case-i-wences-vs-mpex-breach-of-fiduciary-duty/	[19:38]
mircea_popescu	pigeons ^^ you're on.	[19:38]
smickles	oh my, progress	[19:39]
jurov	on polimedia.us/btcf is registration disabled or i'm blind?	[19:41]
mircea_popescu	jurov lemme check	[19:43]
mircea_popescu	umm i guess it is	[19:44]
mircea_popescu	Tritonio it was relatively large	[19:47]
jurov	in just got idea... saw some people advertising their forum, can't remember	[19:47]
mircea_popescu	i did not see the accusation tho. link ?	[19:47]
jurov	i'd like to have some support topic for coinbr	[19:47]
jurov	where i could be admin ... i don't want btctalk	[19:47]
mircea_popescu	jurov forum was more a joke thing. it was never open registration, so it wouldn't make too good a support venue	[19:48]
jurov	and don't want to install/maintain more stuff on the vps just for that	[19:48]
jurov	mircea yes, but there were some other ppl that looked serious :)	[19:48]
mircea_popescu	o ty :D	[19:49]
jurov	looks it was this one: http://www.bitcoinforum.com	[19:50]
*	beetlebee (4f720dea@gateway/web/freenode/ip.79.114.13.234) has joined #bitcoin-assets	[19:51]
smickles	jurov: yeah, you could only get membership on that forum if you had significant -otc trust with mircea, or even better L2 trust to mircea	[19:55]
assbot	[MPEX] [S.DICE] 82 @ 0.00594222 = 0.4873 BTC [+]	[19:55]
assbot	[MPEX] [S.DICE] 918 @ 0.00595019 = 5.4623 BTC [+]	[19:55]
smickles	or something like that	[19:55]
jurov	;;gettrust mircea_popescu	[19:56]
gribble	Trust relationship from user jurov to user mircea_popescu: Level 1: 4, Level 2: 2 via 2 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=jurov&dest=mircea_popescu	[19:56]
jurov	or it was meant the otther way around?	[19:56]
jurov	;;gettrust mircea_popescu jurov	[19:56]
gribble	Trust relationship from user mircea_popescu to user jurov: Level 1: 3, Level 2: 6 via 5 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=mircea_popescu&dest=jurov	[19:56]
mircea_popescu	im sure he'd have made it, but!	[19:56]
mircea_popescu	i kinda forgot all about it lol. soon after glbse imploded and etc	[19:56]
Tatsuya	who runs bitbet?	[19:56]
Tritonio	mircea_popescu: https://bitcointalk.org/index.php?topic=136803.0	[19:57]
mircea_popescu	Tatsuya me and kakobrekla	[19:57]
mircea_popescu	o, yeah... pretty dubious stuff.	[19:57]
Tatsuya	nice - any plans/chance you guys might post / give access to bet databases for running statistical analyses?	[19:58]
mircea_popescu	Tatsuya post, as in free/public ? no.	[19:59]
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Tatsuya	That's what I meant, but yeah ok	[20:00]
assbot	[MPEX] [S.MPOE] 24900 @ 0.00067576 = 16.8264 BTC [-]	[20:00]
smickles	couldn't you construct that yourself?	[20:00]
Tatsuya	One thing that would be nice for the site, though, would be to see not just the BTC ratio, but also the user ratio	[20:00]
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smickles	they're more like waves that have particle-like properties tho	[20:01]
smickles	er, i mean to say, you can't really say that a givin bet was done by a specific user	[20:02]
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thestringpuller	smickles you around for a bit?	[20:03]
smickles	thestringpuller: I can be	[20:03]
assbot	[MPEX] [S.MPOE] 11546 @ 0.00067576 = 7.8023 BTC [-]	[20:08]
jcpham	http://blockchain.info/address/1B5h9sf6xNLYGa3NBk48hwYbxyNZ22PRJk	[20:09]
jcpham	^ check it out	[20:09]
mircea_popescu	Tatsuya what's the user ratio ?	[20:13]
assbot	[MPEX] [S.MPOE] 608 @ 0.00067576 = 0.4109 BTC [-]	[20:13]
assbot	[MPEX] [S.MPOE] 8092 @ 0.00067575 = 5.4682 BTC [-]	[20:13]
Korbman	why the hell is blockchain.info showing up in spanish to me now...	[20:16]
Korbman	lol it was english this morning	[20:16]
assbot	[MPEX] [S.DICE] 482 @ 0.00595019 = 2.868 BTC [+]	[20:17]
assbot	[MPEX] [S.DICE] 950 @ 0.00598578 = 5.6865 BTC [+]	[20:17]
assbot	[MPEX] [S.DICE] 318 @ 0.00598999 = 1.9048 BTC [+]	[20:17]
Tatsuya	mircea_popescu, yup - that! better to gauge the riskyness of the best looking @ sample size - I know you list the individual bets, but tallying is a pain	[20:17]
mircea_popescu	Tatsuya i'm sorry ?!	[20:18]
Tatsuya	oh sorry	[20:18]
Tatsuya	on top of the BTC no/yes in red/blue, also show # of users no/yes in red/blue	[20:19]
Tatsuya	for each of the bet posts	[20:19]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.7801 BTC [-]	[20:19]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.78 BTC [-]	[20:19]
kakobrekla	i think that would be too crowded, perhaps we could place that info someplace else	[20:20]
Tatsuya	sure - just some way that's easier than counting the bets by hand	[20:20]
kakobrekla	k	[20:20]
kakobrekla	will be added soonish	[20:20]
mircea_popescu	oh yeah	[20:21]
mircea_popescu	it's aproblem cramming all that info in there	[20:21]
smickles	heh, add an "all the stats on this bet that you could ever want" link	[20:22]
mircea_popescu	lol	[20:22]
Tatsuya	It's just for when - let's say you have a bet that's 100 BTC vs 100 BTC. It could be that just one person but in a 100 BTC 'no' bet and 1000 people put in 0.1 BTC bets. which would be an entirely different betting situation than 100 people betting 0.5 BTC 'yes' and 100 people betting 0.5 BTC 'no'	[20:23]
Tatsuya	*put	[20:23]
smickles	mircea_popescu: kakobrekla: don't for get the unicorn to leprechaun ratio	[20:23]
mircea_popescu	yeah. course you can sorta gauge that from the betlist	[20:23]
smickles	i say you can't, unique btc addys are easy to come by	[20:24]
Tatsuya	oh good point	[20:24]
smickles	low enough effort that you can't discount the possibility of a troll	[20:24]
assbot	[MPEX] [S.DICE] 125 @ 0.00598999 = 0.7487 BTC [+]	[20:25]
assbot	[MPEX] [S.MPOE] 5785 @ 0.00067575 = 3.9092 BTC [-]	[20:25]
assbot	[MPEX] [S.MPOE] 6615 @ 0.00067519 = 4.4664 BTC [-]	[20:25]
Tatsuya	there could still be statistical ways of detecting the probability of a troll vs not a troll	[20:25]
Tatsuya	I just want to get Bayesian all up on this data	[20:25]
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assbot	[MPEX] [S.MPOE] 8694 @ 0.00067827 = 5.8969 BTC [+]	[20:34]
assbot	[MPEX] [S.MPOE] 3106 @ 0.00067874 = 2.1082 BTC [+]	[20:34]
*	nanotube (~nanotube@unaffiliated/nanotube) has joined #bitcoin-assets	[20:36]
dub	so I never synced past "blocks" : 191463,	[20:37]
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dub	been on that block for days	[20:38]
mircea_popescu	are you enjoying it ?	[20:38]
dub	wonder how many people just give up on bitcoin because of this	[20:39]
dub	I'd guess maybe >50%	[20:40]
*	Bugpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets	[20:40]
mircea_popescu	dub i imagine 80%	[20:40]
Bugpowder	OK that is about enough bitcoin price raise for this month thank you very much	[20:40]
mircea_popescu	lol was waiting for you to log	[20:40]
Bugpowder	well the C140Ts finally sold	[20:41]
Bugpowder	big surprise	[20:41]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.76 BTC [-]	[20:41]
assbot	[BTCTC] [LTC-MINING] 2 @ 0.41 = 0.82 BTC [-]	[20:42]
mircea_popescu	Bitcoin Will Hit $15 Before February 1st	[20:42]
mircea_popescu	Bitcoin Will Hit $15 Before March 1st	[20:42]
mircea_popescu	etc.	[20:42]
Bugpowder	the ask sheet is just EMPTY	[20:43]
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mircea_popescu	;;asks 20	[20:45]
gribble	There are currently 26018.869 bitcoins offered at or under 20.0 USD, worth 462205.640168 USD in total.	[20:45]
mircea_popescu	;;asks 15	[20:45]
mircea_popescu	umm nm	[20:45]
Bugpowder	;;asks 19	[20:45]
gribble	There are currently 0 bitcoins offered at or under 15.0 USD, worth 0.0 USD in total.	[20:45]
gribble	There are currently 19450.404 bitcoins offered at or under 19.0 USD, worth 331657.94613 USD in total.	[20:45]
Bugpowder	;;asks 16.9	[20:46]
gribble	There are currently 8987.8874 bitcoins offered at or under 16.9 USD, worth 145203.270584 USD in total.	[20:46]
jurov	!ticker m s.mpoe	[20:46]
assbot	[MPEX:S.MPOE] 1D: 0.00064635 / 0.00066602 / 0.00067874 (838877 shares, 558.72 BTC), 7D: 0.00062769 / 0.00065943 / 0.00067874 (6900079 shares, 4,550.16 BTC), 30D: 0.00059238 / 0.00063945 / 0.00067874 (39816563 shares, 25,460.78 BTC)	[20:46]
jurov	!ticker m s.dice	[20:47]
assbot	[MPEX:S.DICE] 1D: 0.0048577 / 0.00529282 / 0.00598999 (83611 shares, 442.54 BTC), 7D: 0.00449034 / 0.00471824 / 0.00598999 (2501791 shares, 11,804.07 BTC), 30D: 0.0014 / 0.00372541 / 0.00598999 (11744538 shares, 43,753.22 BTC)	[20:47]
Bugpowder	;;ticker	[20:48]
gribble	BTCUSD ticker \| Best bid: 15.47100, Best ask: 15.58111, Bid-ask spread: 0.11011, Last trade: 15.47101, 24 hour volume: 55890.61316392, 24 hour low: 14.46811, 24 hour high: 15.58900, 24 hour vwap: 14.91688	[20:48]
jurov	upward to 16!	[20:48]
mircea_popescu	quite remarkable that stocks don't selloff	[20:48]
*	thestringpuller has quit (Ping timeout: 276 seconds)	[20:48]
mircea_popescu	all the theoreticians of btc as commodity will have a serious problem explaining this so far pretty consistent behaviour	[20:49]
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dub	;;bids 12	[20:50]
gribble	There are currently 73086.439 bitcoins demanded at or over 12.0 USD, worth 1001985.33423 USD in total.	[20:50]
dub	^saturday	[20:50]
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assbot	[MPEX] [O.BTCUSD.C160T] 1000 @ 0.07214377 = 72.1438 BTC [+]	[20:51]
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assbot	[MPEX] [S.DICE] 75 @ 0.00598999 = 0.4492 BTC [+]	[20:58]
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mircea_popescu	btw, Bugpowder, can you ping rassah ?	[21:02]
assbot	[MPEX] [S.DICE] 200 @ 0.00598999 = 1.198 BTC [+]	[21:02]
Bugpowder	i'll send him an FB msge	[21:03]
mircea_popescu	danke	[21:03]
assbot	[BTCTC] [CREATE] 10 @ 0.04 = 0.4 BTC	[21:04]
mircea_popescu	;;ticker	[21:05]
gribble	BTCUSD ticker \| Best bid: 15.61901, Best ask: 15.68000, Bid-ask spread: 0.06099, Last trade: 15.61901, 24 hour volume: 56166.81154533, 24 hour low: 14.47027, 24 hour high: 15.68000, 24 hour vwap: 14.93915	[21:05]
mircea_popescu	look at that go.	[21:05]
pigeons	shit	[21:07]
Bugpowder	how high does the parabola go	[21:07]
Bugpowder	Yeah I am short a fair number of calls	[21:07]
Bugpowder	uh oh	[21:07]
mircea_popescu	dude looking at the day graph	[21:08]
Bugpowder	TO 30!	[21:08]
mircea_popescu	that can literally go to 50	[21:08]
mircea_popescu	slow buildup on low volume, no spike no anything	[21:08]
Bugpowder	yeah	[21:08]
Bugpowder	by next Friday anything is possible	[21:08]
mircea_popescu	there's literally no ceiling visible.	[21:08]
pigeons	$100 by christmas	[21:08]
pigeons	;)	[21:08]
pigeons	this rvm stuff reminds me of the same retardedness as windows SxS	[21:09]
mircea_popescu	i guess im the first bitcoin person to be worth > 10mn.	[21:09]
Bugpowder	It could be be a painful month for MPORB or a great one.	[21:09]
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assbot	[BTCTC] [CREATE] 124 @ 0.04 = 4.96 BTC	[21:15]
assbot	[MPEX] [S.DICE] 200 @ 0.00598999 = 1.198 BTC [+]	[21:19]
assbot	[MPEX] [S.DICE] 1524 @ 0.00593682 = 9.0477 BTC [-]	[21:20]
assbot	[MPEX] [S.DICE] 1126 @ 0.00581826 = 6.5514 BTC [-]	[21:20]
mircea_popescu	;;ticker	[21:21]
gribble	BTCUSD ticker \| Best bid: 15.36587, Best ask: 15.36588, Bid-ask spread: 0.00001, Last trade: 15.36588, 24 hour volume: 58349.69576818, 24 hour low: 14.50622, 24 hour high: 15.68000, 24 hour vwap: 14.96194	[21:21]
mircea_popescu	aha!	[21:21]
mircea_popescu	well,. this is too much excitement for me. anyone care rto recomend a movie ?	[21:25]
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assbot	[MPEX] [S.DICE] 100 @ 0.00576441 = 0.5764 BTC [-]	[21:26]
*	Smoovious has quit (Ping timeout: 256 seconds)	[21:27]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[21:27]
dub	CREATE?	[21:27]
dub	is that you EskimoBob?	[21:28]
*	FabianB has quit (Ping timeout: 245 seconds)	[21:28]
assbot	[MPEX] [S.MPOE] 6658 @ 0.00067874 = 4.5191 BTC [+]	[21:28]
assbot	[MPEX] [S.MPOE] 3600 @ 0.00067882 = 2.4438 BTC [+]	[21:28]
assbot	[MPEX] [S.MPOE] 11250 @ 0.00067928 = 7.6419 BTC [+]	[21:28]
assbot	[MPEX] [S.MPOE] 17892 @ 0.00067983 = 12.1635 BTC [+]	[21:28]
dub	sounds retarded enough to be EskimoBob	[21:28]
pigeons	CREATE is matthew from "red star mining", quite an interesting fellow, with some idea to sell 3d printing services of some kind and not really make any money from it	[21:28]
assbot	[MPEX] [S.DICE] 100 @ 0.00598999 = 0.599 BTC [+]	[21:29]
dub	yes, 'interesting' is one word	[21:30]
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pigeons	nicer than schizophrenic	[21:30]
*	jarpiain (foobar@orthanc.fixme.fi) has joined #bitcoin-assets	[21:30]
dub	or dumber than a box of hammers	[21:30]
*	jarpiain is now known as Guest37141	[21:31]
mircea_popescu	can i print a tank yet?	[21:31]
dub	would you download a tank?	[21:31]
pigeons	yes a toy tank	[21:31]
mircea_popescu	if i could download a tank i wouldn't download boobs...	[21:31]
dub	yeah, take boobs by force with your new tank	[21:31]
pigeons	no you cannot download a nitrous tank mp	[21:31]
*	mircea_popescu snorts like an idiot at the badonkadonk reference	[21:32]
dub	'Romainian village raped at tank-point'	[21:32]
mircea_popescu	lmao	[21:32]
*	beetlebee has quit (Ping timeout: 245 seconds)	[21:34]
assbot	[HAVELOCK] [SDICE] 5 @ 0.58 = 2.9 BTC [+]	[21:41]
assbot	[HAVELOCK] [SDICE] 17 @ 0.58 = 9.86 BTC [+]	[21:41]
assbot	[HAVELOCK] [SDICE] 2 @ 0.5875 = 1.175 BTC [+]	[21:42]
assbot	[MPEX] [S.MPOE] 4441 @ 0.00067983 = 3.0191 BTC [+]	[21:47]
assbot	[MPEX] [S.MPOE] 16406 @ 0.00067998 = 11.1558 BTC [+]	[21:47]
markedathome	hiya peeps.	[21:48]
markedathome	i thought create was garr255 (cognitive)?	[21:48]
Bugpowder	yea	[21:52]
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markedathome	it is -> started by Garr255 https://bitcointalk.org/index.php?topic=136953.0	[21:56]
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jcpham	it is snowing here	[22:00]
*	Ukto sends jcpham more	[22:05]
Ukto	you can haz it	[22:05]
*	Namworld (~BTC-Minin@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets	[22:05]
jcpham	we never get snow	[22:05]
Ukto	yeah we had light snow over night liek 2 nights in a row	[22:06]
jcpham	i opened my window to watch it	[22:06]
Ukto	just enough to whiten things	[22:06]
kakobrekla	unbelivalbe what kind of garbage asset people come up with	[22:06]
Ukto	kakobrekla: which one now?	[22:06]
kakobrekla	marked link	[22:06]
Ukto	oh	[22:06]
Ukto	lol	[22:06]
Ukto	its more of a crowdfunding	[22:07]
Ukto	than an asset	[22:07]
Ukto	would work better in my new stuff thats comming up	[22:07]
assbot	[BTCTC] [MININGCO.ETF] 50 @ 0.5 = 25 BTC	[22:11]
Bugpowder	here come the asks	[22:16]
jurov	it's done: http://www.bitcoinforum.com/coinbr-com/	[22:18]
jurov	they were helpful and quick, i have own board with admin rights	[22:18]
assbot	[MPEX] [S.MPOE] 1900 @ 0.00067519 = 1.2829 BTC [-]	[22:21]
*	riX2000 has quit (Ping timeout: 255 seconds)	[22:22]
assbot	[BTCTC] [BASIC-MINING] 15 @ 0.33 = 4.95 BTC [+]	[22:23]
thestringpuller	Ukto	[22:24]
thestringpuller	you got some splainin to do	[22:24]
*	riX2000 (~riX2000@unaffiliated/rix2000) has joined #bitcoin-assets	[22:25]
assbot	[BTCTC] [CREATE] 1 @ 0.04 BTC	[22:30]
*	Rassah (~Rassah@mde4036d0.tmodns.net) has joined #bitcoin-assets	[22:36]
*	Luceo (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets	[22:38]
*	Bugpowder has quit (Quit: Page closed)	[22:38]
*	tonikt has quit (Read error: Connection reset by peer)	[22:42]
jurov	no idea why	[22:46]
jurov	14 guests viewing this board? lol	[22:47]
*	Rassah has quit (Quit: Bye)	[22:50]
assbot	[MPEX] [S.MPOE] 25500 @ 0.00067519 = 17.2173 BTC [-]	[22:55]
*	Rassah (~Rassah@mde4036d0.tmodns.net) has joined #bitcoin-assets	[23:02]
assbot	[BTCTC] [BASIC-MINING] 15 @ 0.33 = 4.95 BTC [+]	[23:09]
*	toffoo (~tof@177.192.122.224) has joined #bitcoin-assets	[23:10]
assbot	[MPEX] [S.MPOE] 18772 @ 0.00067519 = 12.6747 BTC [-]	[23:10]
assbot	[BTCTC] [COGNITIVE] 12 @ 0.421 = 5.052 BTC [-]	[23:10]
assbot	[BTCTC] [COGNITIVE] 2 @ 0.421 = 0.842 BTC [-]	[23:12]
assbot	[MPEX] [S.DICE] 50 @ 0.00598999 = 0.2995 BTC [+]	[23:16]
assbot	[MPEX] [S.MPOE] 10900 @ 0.00067519 = 7.3596 BTC [-]	[23:18]
assbot	[MPEX] [S.MPOE] 11113 @ 0.00067519 = 7.5034 BTC [-]	[23:21]
assbot	[MPEX] [S.MPOE] 4737 @ 0.00066769 = 3.1628 BTC [-]	[23:21]
*	drug_motor (~LHC@c-50-133-173-172.hsd1.ct.comcast.net) has joined #bitcoin-assets	[23:27]
mircea_popescu	jurov cool	[23:28]
assbot	[MPEX] [S.DICE] 50 @ 0.00598998 = 0.2995 BTC [-]	[23:29]
assbot	[MPEX] [S.DICE] 50 @ 0.00598998 = 0.2995 BTC [-]	[23:29]
mircea_popescu	;;ticker	[23:30]
gribble	BTCUSD ticker \| Best bid: 15.50001, Best ask: 15.54987, Bid-ask spread: 0.04986, Last trade: 15.50001, 24 hour volume: 67571.97026330, 24 hour low: 14.60030, 24 hour high: 15.68000, 24 hour vwap: 15.06797	[23:30]
dub	i don't grok CREATE at all	[23:37]
dub	seems to just be a free printer for Garr	[23:37]
mircea_popescu	dub let's face it, pretending like we're doing finance is cool.	[23:37]
dub	well it is finance, like getting 'finance' from an appliance store, right? only not having to pay it back	[23:38]
mircea_popescu	yes and also all the chicks dig rich finance types.	[23:39]
mircea_popescu	course if he 3d printed lottery tickets	[23:39]
mircea_popescu	that'd be a true consolidated GLBSE legacy.	[23:39]
*	beetlebee (4f720dea@gateway/web/freenode/ip.79.114.13.234) has joined #bitcoin-assets	[23:40]
dub	he could print a free DIY lobotomy tool for anyone that invests	[23:40]
mircea_popescu	they wouldn't know how to use it	[23:41]
mircea_popescu	and "invests"... well... kids wanna have fun on the interwebs. why not ?	[23:42]
Namworld	He should have made a bond like BTC-BOND	[23:42]
dub	its shaped like a pencil, you hold it up to an eye and slam your face into the desk	[23:42]
mircea_popescu	Namworld were you invested with amazingrando btw ?	[23:42]
Namworld	Yeah	[23:43]
mircea_popescu	are you screwed ?	[23:43]
Namworld	He owes me 770 BTC	[23:43]
gigavps	:O	[23:43]
mircea_popescu	meh.	[23:43]
Namworld	2369 BTC total	[23:43]
Namworld	for BTC-MINING	[23:44]
gigavps	still no response?	[23:44]
mircea_popescu	2.4k of which 800 due ? or 2.4k capital of which 800 writeoff ?	[23:44]
Namworld	2.4k out of which I own 770 personally.	[23:44]
gigavps	ouch	[23:44]
mircea_popescu	so he owes 2369 btc to btc-mining of which 770 are your share ?	[23:45]
Namworld	He's more than late. He hasn't been answering my PMs ever since he said he stopped GPU mining and said he'd be back when BFL would ship because he spent everything on that.	[23:45]
Namworld	mircea: correct	[23:45]
mircea_popescu	nasty.	[23:45]
gigavps	Namworld he's still mining	[23:45]
Namworld	...	[23:45]
Namworld	yeah, he's at your facility	[23:45]
Namworld	right?	[23:45]
Namworld	shared place?	[23:45]
gigavps	http://bitminter.com/livestats/big	[23:45]
gigavps	i'm have 14 machines in WA	[23:46]
pigeons	rota!	[23:46]
mircea_popescu	lol srsly.	[23:46]
Namworld	Yeah. If you have his contact info, I wouldn't mind.	[23:46]
mircea_popescu	so the guy with the 130 btc sent it off blockchain wallet ;/	[23:46]
mircea_popescu	if there a way for a user to prove he owns a blockchain address ?	[23:46]
jcpham	mircea_popescu in the original terms/faq/whatever for mpex, didn't you have some wordage saying something about incorrect amount being sent to you would be kept	[23:47]
jcpham	or has that changed now with rota	[23:47]
Namworld	mircea: you can sign message with your blockchain.info addresses.	[23:47]
jcpham	i seem to recall wordage somehwere along those lines	[23:47]
mircea_popescu	jcpham it was always the case, but i mostly hold it as a reserve to protect against rampant idiocy.	[23:47]
Namworld	So should be fine.	[23:47]
jcpham	ic	[23:47]
mircea_popescu	otherwise, people should have equitable remedy if they're reasonable i think	[23:47]
mircea_popescu	Namworld o you can ? how ?	[23:47]
dub	;;getrating amazingrando	[23:48]
gribble	WARNING: Currently not authenticated. User amazingrando, rated since Sun Jan 8 01:29:35 2012. Cumulative rating 46, from 15 total ratings. Received ratings: 15 positive, 0 negative. Sent ratings: 11 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=amazingrando	[23:48]
mircea_popescu	this guy is kinda noobish, i think detailed explanation would help him a lot.	[23:48]
Namworld	There should be an option somewhere.	[23:48]
mircea_popescu	(and i never used blockchain myself)	[23:48]
Namworld	Some people claimed with a blockchain address signing a message.	[23:48]
mircea_popescu	know who ?	[23:48]
Namworld	No, I was told how but I don't remember	[23:48]
dub	[16:46] if there a way for a user to prove he owns a blockchain address ?	[23:48]
Namworld	Should be in one of the dropdown menu when logged in.	[23:48]
jcpham	i'd also like to know	[23:49]
dub	ask roger?	[23:49]
mircea_popescu	lol dub	[23:49]
mircea_popescu	you're possibly the best troll here you know that ?	[23:49]
jcpham	the most prolific investor in bitcoin	[23:49]
jcpham	that's the verbatim	[23:49]
gigavps	bitcoin jesus	[23:50]
mircea_popescu	ya well, the dude fucked up. to be fair pretty much anyone in bitcoin has serious self image issues, so.	[23:50]
pigeons	i'm roger ver, respect my authorital!	[23:50]
pigeons	but i want to write country songs, all the ones i threw away for being too obvious are now #1 hits	[23:51]
pigeons	like beer with jesus	[23:52]
jcpham	jesus and ipads	[23:52]
*	Guest37141 is now known as jarpiain	[23:52]
pigeons	yer lovin made me as sick as a dog, so i'm sickin my dog on you	[23:53]
jurov	if not else, at least i know now what "fiduciary" means :P	[23:54]
mircea_popescu	lol	[23:54]
mircea_popescu	comes from fides, in latin. trust.	[23:54]
mircea_popescu	http://www.csun.edu/~hcfll004/fides.html	[23:55]
mircea_popescu	a good explanation.	[23:55]
*	gigavps has quit ()	[23:57]
mircea_popescu	"Alright, the contract has been revised, and I'm ready to list the shares. There's a BTC-TC database error preventing me from viewing the issuing account's portfolio, so as soon as Burnside fixes that the shares will be listed."	[23:59]

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