Forum logs for 18 Dec 2013

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
pankkake https://bitcointalk.org/index.php?topic=375010.0 Bernankoin: the Coin to save our economy [00:04]
ozbot [ANN] Bernankoin: the Coin to save our economy - IMPOSSIBLE TO PREMINE [00:04]
benkay nice [00:08]
pankkake I know very little about maths in C++ so I failed to make a smoother QE :( [00:11]
jurov lol that essential balm.. our family uses vietnamese one, in the same case [00:11]
jurov i even found original case from the 80s with prospect [00:12]
jurov and it literally said [00:12]
jurov "in case of epidemy, apply to nostrils" [00:12]
mircea_popescu lol [00:14]
mircea_popescu mine said "in case of uppity woman, apply to cunt lips". [00:15]
mircea_popescu perhaps a misprint. [00:15]
jurov Contraindication: Vagostabyl [00:16]
assbot [MPEX] [S.MPOE] 5600 @ 0.00090296 = 5.0566 BTC [+] [00:16]
mircea_popescu lol] [00:17]
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dub pankkake: ohhh I understand nothing of document [00:20]
dub :( [00:20]
dub bitcoin meme #4080 [00:20]
pankkake half don't geet the joke [00:20]
pankkake not sure how I could make it obviouser [00:20]
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Vexual pankakke: how to print with pixma 4700?!?!?! I can't get drivers working, please help! [00:21]
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* jurov pays pankkake to troll vexual [00:22]
KRS- what happened to /dtng/ [00:22]
pankkake people really are mining this thing! [00:23]
Vexual return on ink? [00:23]
dub https://bitcointalk.org/index.php?topic=375076.0 [00:24]
davout pankkake: this is impressive [00:24]
ozbot ApeCoin - Day 2, needs pools. [00:24]
dub Has 3 posts and his own altcoin, legitness [00:24]
pankkake not really, you haven't see me fail to understand how numbers work in C++ :/ [00:24]
dub need an exchange guise [00:24]
davout you know how to count up to two ? [00:24]
davout that's already too much [00:24]
pankkake it has a subreddit! [00:24]
davout how legit [00:25]
benkay much coin [00:25]
pankkake it has binaries and css [00:25]
* Now talking on #bitcoin-assets [00:30]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading [00:30]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 [00:30]
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benkay ;;ticker --market btcavg [00:40]
gribble BitcoinAverage BTCUSD ticker | Best bid: 677.4, Best ask: 679.85, Bid-ask spread: 2.45000, Last trade: 679.26, 24 hour volume: 142858.79, 24 hour low: None, 24 hour high: None, 24 hour vwap: 693.39 [00:40]
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assbot [HAVELOCK] [SFI] 50000 @ 0.001 = 50 BTC [00:40]
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assbot [MPEX] [S.MPOE] 7750 @ 0.00090141 = 6.9859 BTC [-] {2} [00:53]
assbot [MPEX] [S.MPOE] 59100 @ 0.00089972 = 53.1735 BTC [-] {5} [00:59]
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assbot [MPEX] [S.MPOE] 18350 @ 0.00090332 = 16.5759 BTC [+] {2} [01:21]
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thestringpuller ;;seen jurov [01:24]
gribble jurov was last seen in #bitcoin-assets 1 hour, 1 minute, and 59 seconds ago: * jurov pays pankkake to troll vexual [01:24]
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assbot [MPEX] [S.MPOE] 13300 @ 0.00090086 = 11.9814 BTC [-] [01:25]
davout X.EUR Y U NO TRADE? [01:26]
* pizzaman1337 writes a little python script to make the order book more readable [01:26]
pizzaman1337 just to confirm, you can't "create" X.EUR contracts and sell them, right? [01:27]
dub that heiny thing could be big [01:28]
dub they could basically force btc pos acceptance at 50% of the worlds bars [01:28]
davout pizzaman1337: no [01:28]
mircea_popescu pizzaman1337 you gotta talk to davout, deliver euros to him [01:28]
davout or hot teens, depending on the offered rate [01:29]
mircea_popescu lol [01:29]
mircea_popescu weren't you married ? [01:29]
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davout if you have EUR on a bitcoin-central.net you can exchange them for X.EUR on MPEx 1/1 for the time being [01:30]
davout not yet [01:30]
davout but anyway, marriage is when the fun begins [01:30]
davout what's the point of being wealthy if it's not to own a garçonnière [01:30]
mircea_popescu so then you can make your own hot teens [01:30]
pizzaman1337 will there be a UI for that at some point? [01:30]
davout pizzaman1337: for? [01:31]
davout BC EUR 2 X.EUR ? [01:31]
pizzaman1337 both making your own hot teens, and for what you just mentioned [01:31]
davout mircea_popescu: i already have one and she's a lot of work [01:31]
mircea_popescu pizzaman1337 i suppose the idea is for this to remain mostly a large player thing, so no, probably no ui. [01:31]
pizzaman1337 because, unless I'm understanding this incorrectly, when you buy X.EUR you're basically going long EUR [01:31]
mircea_popescu it's not for turning 10 eur into10 x.eur [01:32]
mircea_popescu then again maybe that's just me being a stick in the mud blocking progress [01:32]
pizzaman1337 I mean, unless the options bot has tighter spreads... this could be a good option for going long BTC [01:33]
davout if you want to go long BTC i suppose the easiest is to buy BTC on bitcoin-central.net directly [01:33]
pizzaman1337 yeah; I guess you're not getting any extra leverage by buying here [01:34]
* pizzaman1337 didn't think that through all the way [01:34]
davout the way i see it this contract has a couple main benefits [01:34]
thestringpuller asdasdas sasfasd as dasd asf dgdsfg23 [01:34]
davout it brings BC moar volume, and mixes liquidity with mpex [01:35]
davout and it enables any party to actually trade the EUR without having an account at a regulated exchange [01:35]
davout didn't really think about leverage either [01:36]
davout but without really thinking about it at all i'd assume you'd be better served with options if what you want is leverage [01:36]
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pizzaman1337 in theory, options are great [01:37]
pizzaman1337 but it requires good market making too [01:37]
benkay options on x.eur ;) [01:37]
mircea_popescu lol [01:37]
mircea_popescu i'd allow an option on the future just for the hell of it if someone signed some serious mm ing commitment [01:37]
davout hah i'm educating myself on derivatives [01:38]
davout i opened the last pages of the book i'm reading and fell in shock discovering about options on options [01:38]
davout i quickly went back to the some-farmer-sells-wheat-for-june [01:38]
mircea_popescu lol [01:38]
davout examples [01:38]
pizzaman1337 classic [01:39]
mircea_popescu finance is an infinitely complex topic. [01:39]
benkay yo dawg i herd u liek risk [01:39]
pankkake yo dawg, i heard you really like options [01:39]
davout LOL [01:39]
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benkay so i wrote some options on options so you can leverage while you leverage [01:39]
assbot [MPEX] [S.MPOE] 11400 @ 0.0009013 = 10.2748 BTC [+] [01:45]
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assbot [MPEX] [S.MPOE] 17750 @ 0.00090396 = 16.0453 BTC [+] {3} [01:57]
pizzaman1337 so mpex-mktdepth.php doesn't return the order books sorted by price? that's a bummer... [01:58]
benkay welcome to the mpex apis [01:59]
benkay data is there [01:59]
benkay go earn thy keep, programmer. [01:59]
pizzaman1337 I mean, it's one line in python, but still... [02:04]
benkay see? [02:04]
mircea_popescu still waht lol [02:07]
pizzaman1337 I'm still lazy [02:08]
mircea_popescu it's just a phase :D [02:08]
pizzaman1337 so someday you'll sort them for us? ;) [02:12]
mircea_popescu no no, your laziness is a phase [02:13]
pankkake the day I discovered I could get away with being lazy, I never stopped [02:13]
jurov lol pizzaman1337 [02:13]
jurov pankkake: exactly [02:13]
* truffles is in this permaphase [02:14]
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dub 226p 30000w [02:21]
dub kill me [02:22]
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truffles ? [02:23]
dub gonna have to scan this thing for random troll outbursts and links from mp too [02:25]
dub window focus is hard [02:25]
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jurov imagine you're the historian that got the task of analyzing the logs [02:32]
jurov then you'll fell better that you have only to read them [02:33]
truffles jcpham ure guilty ldo [02:34]
truffles chat historian [02:34]
truffles awesome [02:34]
jcpham that's offensive and ignorant to say [02:34]
truffles lol ok [02:35]
jcpham but w/e [02:35]
pizzaman1337 so basically, you trade X.EUR if you want to sell BTC, but stay denominated in BTC, not on a traditional exchange, and with 40 EUR spread. Seems mostly like a promotion for B-C to me? [02:35]
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mircea_popescu i knew i'm not getting paid enough to dfo this. [02:38]
BingoBoingo pizzaman1337: Or sell BTC to be delivered by Jurov, in a suitcase [02:40]
jurov pizzaman1337: i'd wait for davout and ask him [02:40]
jurov i just gave him http://exterface.com/unicorn/ so he's busy atm [02:41]
pizzaman1337 mircea_popescu: it wasn't clear if you were getting paid at all [02:43]
nubbins` http://www.cbc.ca/news/canada/newfoundland-labrador/pamela-anderson-simpsons-sam-simon-offer-cash-to-sealers-1.2467207 [02:45]
ozbot Pamela Anderson, Simpsons' Sam Simon offer cash to sealers - Newfoundland & Labrador - CBC News [02:45]
truffles omg at that link jurov [02:47]
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dub save the moosecock eh [02:52]
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assbot [MPEX] [S.MPOE] 11000 @ 0.00090573 = 9.963 BTC [+] [02:56]
assbot [HAVELOCK] [PETA] 20 @ 0.0465 = 0.93 BTC [-] [02:56]
assbot [HAVELOCK] [PETA] 11 @ 0.0466 = 0.5126 BTC [+] [02:58]
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assbot [MPEX] [S.MPOE] 2800 @ 0.00090336 = 2.5294 BTC [-] [03:13]
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* truffles wonders why excapist only had 1bills, he deserves benjamin's [03:45]
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assbot [HAVELOCK] [CFIG] 42 @ 0.06809629 = 2.86 BTC [-] {13} [03:59]
assbot [HAVELOCK] [CFIG] 13 @ 0.06009386 = 0.7812 BTC [-] {3} [04:00]
assbot [HAVELOCK] [PETA] 13 @ 0.046689 = 0.607 BTC [+] [04:01]
assbot [HAVELOCK] [HMF] 10 @ 0.02306198 = 0.2306 BTC [+] {5} [04:02]
assbot [HAVELOCK] [AM100] 42 @ 0.00280001 = 0.1176 BTC [+] {2} [04:05]
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assbot [MPEX] [S.MPOE] 13250 @ 0.00090336 = 11.9695 BTC [-] {3} [04:21]
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assbot [MPEX] [S.MPOE] 17600 @ 0.00090108 = 15.859 BTC [-] {3} [04:31]
assbot [HAVELOCK] [NEOBEE] 4457 @ 0.00295305 = 13.1617 BTC [-] {8} [04:36]
Bugpowder Anyone know how Second Market's assets under management jumped $20MM today? [04:38]
Bugpowder no coins coming into their receiving address [04:38]
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ThickAsThieves have you asked them? [04:47]
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assbot [MPEX] [S.MPOE] 8970 @ 0.00090106 = 8.0825 BTC [-] [04:53]
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Bugpowder nope [05:00]
Bugpowder http://i.imgur.com/IxDHLMy.png [05:00]
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Bugpowder https://www.secondmarket.com/company/bitcoin-investment-trust [05:09]
ozbot Bitcoin Investment Trust - SecondMarket [05:09]
Bugpowder nevermind [05:09]
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amidvidy so what features would you want in a p2p colored coin exchange? [05:10]
BingoBoingo amidvidy: Non-existence would be a great property to have [05:11]
ThickAsThieves the ability to scam ofc [05:12]
BingoBoingo Being built on the Dogecoin blockchain might be an acceptable alternative though [05:12]
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assbot [HAVELOCK] [AM100] 771 @ 0.0029 = 2.2359 BTC [+] {2} [05:15]
assbot [HAVELOCK] [AM1] 2 @ 0.2639 = 0.5278 BTC [+] [05:15]
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mircea_popescu Bugpowder -25% last week ? [05:16]
mircea_popescu amidvidy http://trilema.com/2013/why-i-nixed-p2p-colored-coins-and-all-that-jazz/ << can always start there [05:17]
assbot [HAVELOCK] [AM1] 2 @ 0.26499999 = 0.53 BTC [+] {2} [05:17]
mircea_popescu "I am Barrister Prince Paul Adeola a solicitor at law." << [05:17]
mircea_popescu eigenvalue hello. [05:18]
amidvidy mircea_popescu: interesting, but I disagree. [05:20]
mircea_popescu how old are you ? [05:20]
assbot [MPEX] [S.MPOE] 13209 @ 0.00090591 = 11.9662 BTC [+] [05:20]
amidvidy 21 [05:20]
amidvidy not really sure why that matters though. [05:20]
mircea_popescu at that age you don't get to disagree. [05:21]
Vexual :) [05:21]
mircea_popescu it matters like this : twenty somethings don't have enough experience wiping their own bottom to opine on matters financial. [05:21]
asciilifeform disagree with: that barrister prince paul adeola is a solicitor at law? [05:21]
Vexual you might have got some coloured words if you were older [05:21]
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mircea_popescu asciilifeform he was so close might have gone for areola. no courage in the spam business these days [05:22]
amidvidy wow, that is pretty persuasive. Regardless, I've been designing a Kademlia based exchange, with support for market and limit orders. [05:24]
Vexual make a time machine and tell your womb to avoid mobile phones [05:25]
truffles silly rabbit men dont have wombs [05:27]
mircea_popescu so have a bunch of other kids. it never goes anywhere, for the stated reasons. [05:27]
mircea_popescu but i guess most need to learn from their own experience. [05:27]
amidvidy agreed. Even if nobody ever uses it, it's an interesting technical exercise [05:29]
amidvidy but i think there is a legitimate demand due to the takedown of sites like bitfunder, btctco, glbse, etc. [05:30]
BingoBoingo amidvidy: In most of those cases it wasn't so much a takedown as they surrended... [05:30]
mircea_popescu you misjudge both what happened there and what that leads to. [05:31]
amidvidy care to elaborate? [05:32]
mircea_popescu the takedown of the playsites is related to people making your mistakes (ie, brash notions of youth). it's unrelated to anything that can be resolved technologically. [05:32]
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mircea_popescu havelock is in the process of fuicking itself in the ass exactly the same way right now./ [05:33]
assbot [HAVELOCK] [SFI] 150 @ 0.001 = 0.15 BTC [05:33]
Vexual he has no beard to stoke [05:34]
BingoBoingo Remember when Havelock was just that weird little site than only wanted to trade a SatoshiDice Passthrough. [05:34]
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amidvidy I guess I believe that the problem *can* be solved technologically. Just as bitcoin was a better technological solution than say, the Liberty Dollar [05:35]
amidvidy or egold, etc. [05:36]
mircea_popescu you form beliefs about how a problem can be solved without having bothered to define it ;/ [05:36]
BingoBoingo amidvidy: Bitcoin largely solves the problem of how to have a distributed ledger of accounts, this is very different from breaking up and distributing a whole exchange [05:37]
Bugpowder it was a typo it seams [05:38]
amidvidy BingoBoingo: it was an analogy. [05:38]
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amidvidy The nice thing about a distributed exchange is that an actor can still behave correctly in the presence of partial information, unlike bitcoin [05:38]
amidvidy which is why a successful colored coin trading network will be multitier. Tier 1 will contain high-volume "supernodes", similar to MPex, that provide low latency at the cost of some anonymity [05:40]
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mircea_popescu here's an analogy for you : suppose you're in love, with this luscious young thing. can you see why the device which speeds up her arrival to your current position is great, whereas the device which speeds up your ejaculation once she's reached you is not great ? [05:40]
amidvidy Tier 2 will be completely p2p, and trades will be high latency [05:41]
Vexual http://25.media.tumblr.com/tumblr_mefyda5U931r3mxnxo1_1280.jpg time machine [05:41]
asciilifeform amidvidy, you would probably like my old crackpot commentary on btc systems: [05:44]
asciilifeform http://www.loper-os.org/?p=939 [05:44]
ozbot Loper OS » Bitcoin, or How to Hammer in Nails with a Microscope. [05:44]
mircea_popescu back when stan thought btc kinda sucks. [05:45]
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asciilifeform well, to be fair, the thing i declared to suck - the lamers - continue to suck mightily. [05:45]
mircea_popescu aye. [05:46]
mircea_popescu they could suck a planet throught a gardenhose. [05:46]
asciilifeform and i stand by my hypothesis, that a p2p whatever might be interesting and useful, if not a replacement for any currently-existing widget as such [05:47]
mircea_popescu supernodes eh. amidvidy are you also new to bitcoin enough to not have been exposed to the adventures of uppity tortilla ? [05:47]
asciilifeform but it would have to be written by something other than muppets. [05:47]
mircea_popescu you're not gonna get the decentralised market that's trustless any more than you're going to get the two dimensional dildo that cures aging [05:48]
Vexual dig? [05:48]
mircea_popescu currencies naturally tend to decentralise, which is why things like forgers. markets always and since forever centralise. tis what they do and not distinct from their actual utility. [05:49]
truffles who wouldve thought that 1 up, dildo's and aging [05:50]
amidvidy asciilifeform: I think I agree with you at a high level, that may be useless to try to reconstruct btc-based analogs of traditional institutions. That said, I think a p2p exchange could be useful [05:51]
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amidvidy the NYSE isn't going anywhere anytime soon [05:52]
Vexual define soon [05:53]
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amidvidy 10 years [05:53]
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Vexual u give mpex 10 years too? [05:57]
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amidvidy probably not. [05:58]
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mircea_popescu pity bitbet doesn't take 10 years. [05:58]
mircea_popescu .d [05:59]
ozbot 908350862.43702 | Next Diff in 638 blocks | Estimated Change: 26.4775% in 3d 5h 54m 27s [05:59]
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assbot [HAVELOCK] [CBTC] 3000 @ 0.00012388 = 0.3716 BTC [+] [06:03]
truffles asciilifeform if thats ur blog u write well, obv cant read it in on sitting [06:03]
assbot [HAVELOCK] [CBTC] 1137 @ 0.00012387 = 0.1408 BTC [-] [06:04]
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Vexual i also salute tou ascii [06:05]
assbot [MPEX] [S.MPOE] 14850 @ 0.00090608 = 13.4553 BTC [+] {2} [06:06]
asciilifeform that piece was long ago, i'm no longer convinced that everything absolutely must be blockchain-based. [06:06]
asciilifeform just as not every vehicle needs Chobham armour. [06:07]
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Vexual yes no date.. [06:07]
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amidvidy asciilifeform: have you heard of tonika (http://pdos.csail.mit.edu/~petar/5ttt.org/) ? Thought of it when I read the part of your article about building systems that incorporate trust [06:07]
asciilifeform thought 'this sounds like kademlia', then read to the end. [06:08]
amidvidy The author also wrote kademlia, this is his effort to design a DHT that is resistant to Sybil attacks [06:09]
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asciilifeform amidvidy: this fact is not 'sexy', but it takes quite a bit of work to go from algo to usable software. (why this happens to be so, is largely the subject of my blog) [06:12]
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amidvidy a recent systems course I took hammered that point in quite hard by having us read Google's "Paxos Made Live" paper [06:14]
asciilifeform what they won't teach you is that all of this crap can be made to vanish. [06:15]
asciilifeform but i digress. [06:15]
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Vexual are you taking critical thinking too? [06:18]
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Vexual i attended a lecture once, asked 3 questions; stack overflow [06:22]
amidvidy I use stack overflow for all my critical thinking needs [06:22]
amidvidy as Immanuel Kant once said, if the answer isn't googleable, the question isn't worth asking [06:23]
truffles ... [06:23]
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truffles i feel like google is broken, i get relevant stuff at page buttom [06:24]
Vexual i even sued a law school i wasn't enrolled in for wasting my time and they settled [06:26]
assbot [HAVELOCK] [AM1] 2 @ 0.26599 = 0.532 BTC [+] [06:30]
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Vexual so kid, can you take trustlesness off the chain? [06:41]
assbot [HAVELOCK] [AM1] 4 @ 0.26599 = 1.064 BTC [+] [06:41]
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Vexual http://vimeo.com/29785190 [06:56]
ozbot Just Like Tom Thumb's Blues on Vimeo [06:56]
assbot [MPEX] [S.MPOE] 7053 @ 0.00090612 = 6.3909 BTC [+] {2} [06:58]
truffles not bad [07:00]
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Vexual y want hay goat? [07:02]
truffles goat doesnt seem to chat here anymoar [07:04]
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jborkl Too busy buying Lamborghini s [07:06]
Vexual http://www.youtube.com/watch?v=dFtLONl4cNc [07:07]
ozbot Musical Youth Pass the Dutchie - YouTube [07:07]
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truffles dunno how i feel about this one [07:08]
truffles its not bad not stellar [07:08]
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Vexual http://www.youtube.com/watch?v=qdshuUvatzs [07:13]
ozbot Baby Sea Lion Wants To Be My Friend - YouTube [07:13]
Vexual yall didnt even know you were lookinmg forward to something [07:22]
Vexual http://www.youtube.com/watch?v=JSAd3NpDi6Q [07:23]
ozbot Handel - Sarabande - YouTube [07:23]
assbot [HAVELOCK] [PETA] 18 @ 0.046689 = 0.8404 BTC [+] [07:24]
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fiat500 Vexual: how many are you? [07:25]
assbot [HAVELOCK] [PETA] 14 @ 0.04669 = 0.6537 BTC [+] [07:25]
Vexual uno [07:25]
assbot [HAVELOCK] [AM1] 1 @ 0.266 BTC [+] [07:28]
truffles asciilifeform those methods u desribe are what i thought bitcoin would be, not more of the same.. [07:28]
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assbot [HAVELOCK] [AM1] 2 @ 0.271 = 0.542 BTC [+] [07:31]
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Vexual lamborghini is better than ferrari beacuase they havew blind tractor mechanics as old as the hills working by ear [07:33]
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nubbins` i hear men with suits flay the calves each day for the seat leather [07:33]
nubbins` and they're paid so well that they just throw out their bloody suit at the end of their shift [07:34]
Vexual cant have thw boys do it [07:34]
nubbins` and wear a new one the next day [07:34]
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assbot [HAVELOCK] [COG] 5 @ 0.042 = 0.21 BTC [+] [07:35]
Vexual those guys can see the seat as they skin a thick swathe [07:35]
nubbins` contours and scallops [07:36]
nubbins` the bodies gently tapped into shape with peening hammers [07:36]
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Vexual thats why i dont own a lamborghini [07:37]
truffles not cuz its too expensive? [07:37]
Vexual good point truffles [07:37]
nubbins` it can be more than one thing [07:38]
Vexual it is [07:38]
Vexual theres a third [07:38]
nubbins` ! [07:38]
Vexual trees [07:38]
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Vexual people and shit [07:38]
assbot [MPEX] [S.MPOE] 8368 @ 0.00090475 = 7.5709 BTC [-] {2} [07:38]
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Vexual give me a motorcycle any day [07:39]
Vexual not if drunk [07:39]
Vexual but if you want to go fast a motorcycle is the only way [07:40]
assbot [MPEX] [S.MPOE] 16592 @ 0.00090627 = 15.0368 BTC [+] {2} [07:40]
* truffles wants one [07:40]
Vexual well if you like a fine audial note, look to akwasaki [07:41]
Vexual no artisan mechanic required [07:41]
* truffles cant justify a purchase since relations died on one! [07:41]
benkay sounds like an emotional decision. [07:42]
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truffles .. [07:42]
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Vexual if you want to hide in the fog of war so noone hears you coming, buy a honda [07:43]
Vexual hers the agm: looks cool check abs check hows it sound? ah soh? [07:45]
truffles more classical music [07:46]
Vexual honda minimises red and brown [07:46]
Vexual kawasaki maximises brown disregarding red [07:47]
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Vexual where brown and red are effectively implied likelyhood for poo and blood respectivly respectively to be excreted by the rider. [07:50]
Vexual attend meetings and solve for yamaha and suzuki [07:52]
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Vexual http://www.youtube.com/watch?v=BcL---4xQYA [07:53]
ozbot Led Zeppelin - Stairway To Heaven - YouTube [07:53]
Vexual this is classical by automotive standards [07:53]
truffles classic != classical [07:54]
assbot [HAVELOCK] [AM1] 1 @ 0.272 BTC [+] [07:54]
Vexual id probably have the altitude record for a motorcycle crash with no injury [07:56]
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assbot [MPEX] [S.MPOE] 18900 @ 0.000905 = 17.1045 BTC [-] {2} [08:03]
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assbot [HAVELOCK] [NEOBEE] 130 @ 0.00295996 = 0.3848 BTC [+] {5} [08:06]
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chsados whos the dude who handles bitbet.us here? [08:08]
assbot [MPEX] [S.MPOE] 15600 @ 0.00090248 = 14.0787 BTC [-] {3} [08:09]
chsados mircea_popescu, afk? [08:09]
chsados i did this bet 18-12-2013 Pending BTCChina Will Cease All Fiat Methods of Funding [08:09]
chsados before this freaking announcement [08:09]
chsados i hope i dont get funds taken :( [08:10]
kakobreklaaa is your tx in the bets table? [08:13]
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chsados no it hasnt been accepted [08:23]
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Vexual http://www.youtube.com/watch?v=izH0P2rSPnQ he benakke [08:29]
ozbot Balinese Suckling Pig (Babi Guling), Travel Video Guide - YouTube [08:29]
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assbot [MPEX] [S.MPOE] 2200 @ 0.00090728 = 1.996 BTC [+] [08:35]
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assbot [HAVELOCK] [AM1] 1 @ 0.272 BTC [+] [08:38]
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assbot [MPEX] [S.MPOE] 12448 @ 0.00090237 = 11.2327 BTC [-] {2} [08:44]
Vexual http://www.youtube.com/watch?v=2QHJRTPDMxs [08:47]
ozbot L-FRESH The LION - One - YouTube [08:47]
assbot [HAVELOCK] [AM1] 46 @ 0.27489013 = 12.6449 BTC [+] {7} [08:48]
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Vexual http://www.youtube.com/watch?v=pImWbM8yii8 [08:50]
ozbot Busta Rhymes - Thank You Ft. Q Tip, Lil Wayne & Kanye West (Lyrics) - YouTube [08:50]
assbot [MPEX] [S.MPOE] 7550 @ 0.00090731 = 6.8502 BTC [+] {2} [08:50]
Vexual http://www.youtube.com/watch?v=poLJLqAh5dY [08:54]
ozbot Suburban Dark ft. Jeswon - Skeletonne - YouTube [08:54]
kakobreklaaa chsados, if its not in the table and the bet is closed already on bbet, you re [08:59]
kakobreklaaa a [08:59]
kakobreklaaa -a [08:59]
kakobreklaaa out of luck [08:59]
kakobreklaaa sry typing over 3 keyboards [08:59]
Apocalyptic it amazes me to see people betting in the last minutes, gambling with the next block time [09:06]
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assbot [MPEX] [S.MPOE] 10100 @ 0.00090755 = 9.1663 BTC [+] {2} [09:09]
Vexual http://www.youtube.com/watch?v=-tJXjt5D4zY [09:12]
ozbot ill never smoke weed with willie again. - YouTube [09:12]
Vexual http://www.youtube.com/watch?v=pFaMY6SAGOw [09:15]
ozbot Folk Uke I Miss My Boyfriend - YouTube [09:15]
chsados serously kakobrekla ..... [09:16]
Vexual http://www.youtube.com/watch?v=RxlyHFwq_zs [09:18]
ozbot ARLO GUTHRIE _ MOTOR CYCLE SONG. - YouTube [09:18]
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assbot [MPEX] [FT] [X.EUR] 100 @ 0.00199998 = 0.2 BTC [09:23]
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Vexual http://www.youtube.com/watch?v=RAz-Chkb4Q4 here you go kids [09:26]
ozbot Triumph Engine Rebuild with Kog (Preview) - YouTube [09:26]
assbot [HAVELOCK] [PETA] 6 @ 0.043 = 0.258 BTC [-] [09:28]
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davout yay ---> <@assbot> [MPEX] [FT] [X.EUR] 100 @ 0.00199998 = 0.2 BTC [09:30]
davout amazing future [09:30]
assbot AMAZING COMPANY! [09:30]
benkay amazing eu-ture [09:35]
assbot AMAZING COMPANY! [09:35]
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benkay ;;market --ticker eurbtc [09:36]
gribble (market ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market |all]) -- Return pretty-printed ticker. Default market is Mtgox. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the (1 more message) [09:36]
benkay daww [09:36]
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assbot [MPEX] [S.MPOE] 10200 @ 0.00090778 = 9.2594 BTC [+] {2} [09:39]
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assbot [MPEX] [S.MPOE] 16136 @ 0.00090786 = 14.6492 BTC [+] {2} [09:56]
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Vexual http://www.youtube.com/watch?v=P2at-fdeopY [10:07]
ozbot Butterfingers - I Love Work - YouTube [10:07]
assbot [MPEX] [S.MPOE] 19049 @ 0.00090431 = 17.2262 BTC [-] {2} [10:17]
assbot [HAVELOCK] [HIF] 2561 @ 0.00045357 = 1.1616 BTC [-] {18} [10:25]
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assbot [HAVELOCK] [AM1] 1 @ 0.28000001 BTC [+] [10:42]
cazalla should've taken that under 450 bet, looking good now [10:43]
assbot [HAVELOCK] [AM1] 1 @ 0.28000001 BTC [+] [10:43]
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assbot [MPEX] [S.MPOE] 5850 @ 0.00090108 = 5.2713 BTC [-] [10:55]
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chsados kakobrekla, it got accepted :D http://bitbet.us/bet/670/btcchina-will-cease-fiat-deposits-and-withdrawals/ [11:16]
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* Now talking on #bitcoin-assets [19:25]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading [19:25]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:54 2013 [19:25]
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kakobreklaaa http://svet24.si/#!/clanek/52b15cb990ab7/mlada-slovenca-sluzita-milijone-pri-nas-o-tem-nihce-ne-ve-nic [19:43]
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mircea_popescu what's sluzita mean ? whore or servant ? [19:46]
kakobreklaaa earn [19:47]
kakobreklaaa its the two cans and a string guys [19:48]
jurov lol he bought tesla? [19:49]
mircea_popescu such a lulzy language [19:50]
twizt gotta love google translate on chrome [19:50]
Apocalyptic heh [19:51]
Apocalyptic was about to say that [19:51]
Apocalyptic "largest bitcoin stock exchange" wtf am I reading [19:52]
pankkake emostamp [19:52]
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twizt lol [19:52]
twizt they rent out a nice hotel [19:52]
twizt take pics of the hotel [19:52]
twizt lol [19:52]
twizt too funny [19:52]
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mircea_popescu soo, some unknown made a bitcoin-to-leu (romanian currency) exchange. [19:53]
pankkake also being rich and drinking beer out of cans like hobos [19:53]
mircea_popescu it looks like the usual shit, with one exception : https://www.btcxchange.ro/about [19:53]
mircea_popescu they did that part right. got a registration ? print the fucking cert. [19:53]
pankkake lol currency is RON? [19:54]
mircea_popescu yup [19:54]
twizt mircea_popescu: when are you gonna have picture of poppin bottles and models [19:54]
mircea_popescu (romanian new lew, came out to ron) [19:54]
mircea_popescu twizt that's so 2010s for me... [19:54]
twizt lmao [19:55]
mircea_popescu http://trilema.com/2010/nsfw-mosu-cu-joarda/ [19:56]
mircea_popescu there. [19:56]
mircea_popescu site's chock full of them, just gotta dig through patiently. [19:56]
ozbot NSFW - Mosu’ cu joarda pe Trilema - Un blog de Mircea Popescu. [19:56]
twizt haha nice [19:56]
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mircea_popescu o look at that, i misspelled cock. [19:57]
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twizt what language/wher eyou from? [19:57]
mircea_popescu that's romanian. [19:57]
twizt o ok [19:57]
mircea_popescu bwahaha epic. "mcorlett I never bothered to ask, but what the hell is Trilema?! [19:58]
mircea_popescu vexare_ His blog. [19:58]
mircea_popescu mircea_popescu Trilema is the source of all romanian written text. Other less fortunate romanians come break a bit off and make their own newspaper or whatever." [19:58]
twizt romanian girls are gorgeous man [19:59]
mircea_popescu only one's romanian in there. [19:59]
mircea_popescu i believe in mix and match [19:59]
twizt i dont think ive seen a non attractive one in the states [19:59]
jurov i could expose my cert, too.. although the list of activities would be very lulzy [19:59]
Apocalyptic heh jurov [20:00]
Apocalyptic Do you have like 20+ too ? [20:00]
mircea_popescu jurov it's made for publication, you know ? that's the intended use of that thing [20:00]
mircea_popescu in many places you're regularly required to frame it and hang it by the door even [20:00]
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jurov it includes cleaning and janitorial work for example [20:00]
twizt is the cert you guys are talking about equivalent to like an articles of incorporation?/ [20:00]
twizt like legal business registration [20:01]
jurov here it's two document [20:01]
mircea_popescu twizt yes, the certificate of registration. [20:01]
jurov articles are issued by founders, certificate is in turn issued by authorities [20:01]
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twizt i know abt us laws but not overseas [20:02]
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mircea_popescu in the us you get this one page signed letter thing [20:02]
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mircea_popescu admittedly not as flashy as the eu ones [20:02]
twizt yea not flashy at all [20:02]
twizt lol [20:02]
jurov so btc x change srl was founded in 2006? so prescient [20:03]
twizt i think neveda would be the state [20:03]
twizt to register a btc business [20:03]
twizt so lax over there [20:03]
jurov or what's the 2006 date for? [20:03]
mircea_popescu jurov nah, look at the stamp. llc was founded in 2006, they did a namechange on 17-11-2013 [20:03]
mircea_popescu same tax id and reg id, but now it's called btc x change srl. [20:04]
mircea_popescu was "alien productions" or w/e before. [20:04]
Apocalyptic jurov, do you have the list of the "zivnosti" printed on the cerf too ? [20:04]
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jurov mmnt [20:04]
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azi` http://svet24.si/#!/clanek/52b15cb990ab7/mlada-slovenca-sluzita-milijone-pri-nas-o-tem-nihce-ne-ve-nic&fb_action_ids=10201768845676325&fb_action_types=og.recommends&fb_source=other_multiline&action_object_map=[711003812251962]&action_type_map=[%22og.recommends%22]&action_ref_map=[] [20:08]
azi` just saw this today.. the guys behind stamp [20:08]
mircea_popescu azi` it just was brought up [20:09]
jurov https://coinbr.com/images/zivlist.pdf [20:09]
azi` mircea_popescu: hm? [20:09]
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mircea_popescu azi` http://log.bitcoin-assets.com/?date=18-12-2013#425575 [20:10]
Apocalyptic invalid pdf file [20:10]
mircea_popescu omg hax [20:10]
azi` ooh lol [20:10]
Apocalyptic jurov, y u trying to hack us [20:10]
jurov wut [20:10]
mike_c worked for me. not that i could read any of it. [20:11]
mike_c looked very official though [20:12]
Apocalyptic my reader must be broken then [20:12]
azi` what is that slovak thing? [20:12]
jurov certificate of LLC [20:13]
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azi` what exactly does limited liability implies here? [20:14]
jurov shall coinbr defult, you're entitled to part of 5000 euro equity :) [20:14]
azi` is there a real reason for coinbr defaulting? [20:15]
jurov if you have an account, ofc [20:15]
Apocalyptic isn't that like the lower limit these days for an SRO ? [20:15]
azi` i was just looking to dump some BTC there once this downfall stabilizes :)) [20:15]
jurov i don't see any. just to answer your q. [20:15]
Apocalyptic I know Fico did some changes recently [20:15]
azi` also asking again is this havelock shady for sure? I see reports from bots every day here [20:16]
azi` iirc mircea_popescu said they were shady [20:16]
mike_c http://pastebin.com/4kFJjUgf [20:16]
jurov oh, fico did just feeble attempts to squeze some taxes [20:16]
mircea_popescu Apocalyptic romanian llcs are required to maintain at least 100 lei, aka 20 euro. [20:16]
mike_c # 16 :) cleaning services too! [20:16]
Apocalyptic jurov, plus I hear there will be a new tax by 2015 [20:16]
mike_c i don't see "transport euros via suitcase" [20:16]
Apocalyptic like 500 EUR for every sro/year, for some bullshit reason [20:16]
mircea_popescu mike_c you DID see janitorial services. [20:17]
mircea_popescu fiat is filthy. ergo... [20:17]
Apocalyptic in France you can have a SARL with 1 euro capital [20:17]
jurov o you mean the tax license = minimal tax, must be paid monthly [20:17]
mike_c hah. that took me a minute [20:17]
Apocalyptic yeah [20:17]
mircea_popescu jurov they tried that here, it was a fucking scam. so in 2009 govt goes "o, students and young people can open a llc for free, no charge! come halp teh economy" [20:18]
Apocalyptic monthly ? [20:18]
jurov and then it's deducted after income tax declaration [20:18]
jurov once per year [20:18]
Apocalyptic damn, must find some good accountant, too much new shit [20:18]
mircea_popescu then in 2011 they're like... all llcs assessed minimum alternative tax, 200 eur a year. [20:18]
mike_c i have to know what this means: 12 Letting things bnutel'ných [20:18]
mircea_popescu fucking scandal of all time. [20:18]
jurov and the euros in suitcase can fall under 7,8, or 9 , maybe even 10 [20:18]
jurov and yes, my accountants do think highly of themselves, let's see how they fare in practice [20:20]
Apocalyptic jurov, they are in BA I suppose [20:20]
jurov ? [20:20]
Apocalyptic your accountants [20:20]
jurov yes. can't hire slovak accountants from india, sadly [20:21]
mircea_popescu lol [20:21]
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Apocalyptic i'm looking for decents ones near BB [20:21]
jurov i can ask for you [20:21]
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mike_c azi`: volume != reliability [20:21]
didi_ how long does it usually take bets suggested on BitBet to get accepted/rejected? [20:22]
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pankkake about 24h [20:28]
pankkake lol at the justin bieber bet… too bad it was rejected [20:29]
twizt LLC - [20:30]
twizt is basically legal mechanism that protects limited partners [20:30]
twizt but not general partners [20:30]
twizt gen partners are people involved in day to day activies (management aspect) [20:30]
twizt whereas limited partners only stake equity and not engaged in day to day ops [20:31]
twizt gen partners dont enjoy benefit of limited liability (loss in excess to equity) because they are 'insiders' [20:31]
mike_c you asking or telling? there are no partners in a llc. there are members. [20:32]
twizt basically gen partner faces unlimited liability (loss in excess to equity) where as limited partners only have equity risk (cant lose more than commitment) [20:32]
twizt yes there are, its limited partners [20:32]
twizt im telling cuz someone asked what it meant [20:33]
mike_c i am US focused - a limited partnership has partners. not a llc [20:33]
twizt me too [20:33]
jurov oh, so improbable solutions isn't LLC then, there's nobodu with unlimited liability. [20:33]
twizt llc does have partners [20:33]
twizt its called limited partners [20:33]
twizt LP, all partners face unlimited liability [20:33]
twizt LLC, not all partners face unlimited liability [20:33]
twizt LLC also treated like a partnership for tax purposes in US [20:33]
twizt FYI [20:34]
mircea_popescu jurov eu law works differently. [20:35]
mircea_popescu you are technically the guy with unlimited liability IF YOU ACT UNLAWFULLY. [20:35]
mircea_popescu the civil law llc and the common law llc have merely points of similarity, not homomorphous entities. [20:36]
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twizt basically, and the only person who can act unlawfully is osmeone on the inside or engaged in day to day operations [20:36]
twizt not a passive investor [20:36]
mircea_popescu twizt LP, all partners face unlimited liability << this would be a contradiction in terms. [20:36]
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twizt mircea_popescu: i have BBA finance and a JD in securities law [20:37]
mircea_popescu you're welcome to have madonna on a stick, the L in LP gotta stand for something [20:37]
mircea_popescu and as it is it stands for limited. [20:37]
mike_c then you should know that LLC's don't have partners :) members & owners, no partners. [20:37]
jurov ah so.. passive investors aren't liable. we actually had similar institute of "silent partner" but it got abolished due to "abuse" [20:38]
twizt eh no point arguing something you know is right [20:38]
pankkake BBA, JD? Big Beautiful Ass and Juicy Dick? [20:38]
mircea_popescu just dice! [20:38]
twizt mike_c [20:38]
twizt your wrong [20:38]
twizt but hey [20:38]
twizt dont let me tell you that [20:38]
didi_ what about his wrong? [20:38]
mircea_popescu his wrong is evil! [20:38]
twizt screw up legally and when ur in legal trouble [20:38]
mike_c http://www.nolo.com/legal-encyclopedia/partnerships-vs-llcs.html [20:39]
twizt pay someone a shit load of money to tell you that [20:39]
ozbot Partnerships vs. LLCs | Nolo.com [20:39]
midnightmagic mikaeldice mike_c MiningBuddy mircea_popescu mius mixdio [20:39]
mircea_popescu mike_c he prolly was thinking GP rather than LP [20:39]
mike_c gp = owner in a LLC [20:40]
mircea_popescu roughly, yeah [20:40]
mike_c lp = member in a LLC [20:40]
twizt legally 'member' in LLC treated same as as a limited partner [20:40]
twizt general partner will always face unlimited liability [20:41]
twizt where as passive partners, 'limited partners', or 'members' [20:41]
twizt doesnt matter what its 'called', its how they are treated in the eye of the law [20:41]
benkay amazing press release! http://bitcoinmagazine.com/8969/ [20:43]
twizt limited partner or member can be easily classified a general partner [20:43]
twizt if they are found to be involving themselves with day to day operations [20:43]
twizt ie. opening themselves up to unlimited liability [20:43]
BingoBoingo mike_c: Check out their site! So Wordpress! Much blog! https://www.gameontheseventhcontinent.net/ [20:45]
mike_c oh my [20:45]
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mircea_popescu Borrowing CEO’s words they hope to provide “A brand new both lucrative and entertaining rewriting of two year old trilema articles" [20:46]
mircea_popescu gotta love this buncha innovators and everything. [20:47]
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mircea_popescu all the 21yos "feel" they can make calls about shit they don't understand and "feel" entitled to be paid for it. [20:47]
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mike_c i like on the bottom, they changed the anchor text to 'Powered by Seventh Continet' but left it linked to wordpress.org [20:50]
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DRB_ Hello guys [20:53]
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DRB_ What do you think about HMF https://www.havelockinvestments.com/fund.php?symbol=HMF [20:53]
DRB_ They have a stable dividend amount [20:53]
DRB_ even if the difficulty is climbing [20:53]
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DRB_ They are a bitcoin mining fund [20:53]
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didi_ mining funds have a long history of losing "investors" money [20:54]
DRB_ Havelock are quit serious [20:55]
DRB_ they are here since may 2012 [20:56]
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mircea_popescu DRB_ no, they are quite unserious. [20:56]
DRB_ @mircea : how ? [20:57]
mircea_popescu http://log.bitcoin-assets.com/?date=15-12-2013#422310 << log is your friend. [20:57]
ozbot #bitcoin-assets log [20:57]
pankkake accepting shitty securities, ipoing themselves at insane valuation, delisting of vtx with nothing ever paid [20:57]
pankkake I don't think the mining fund is doing a bad job, but do your homemork before buying - it seems to be rarely profitable in the long run [20:58]
benkay could be said of mining in general [20:58]
mircea_popescu also where you get your 2012 ? havelock is a post-glbse kid. [20:59]
mircea_popescu https://bitcointalk.org/index.php?topic=135035.0 etc [20:59]
pankkake some mining hardware did pay… I guess a smart mining fund spending at all the right times could be good [20:59]
ozbot Havelock Investments - Exchange feedback/comments [20:59]
mircea_popescu pankkake it'd have had to be run by like... you know, busienss people. [21:00]
DRB_ wow [21:00]
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mike_c over the last 6 months HMF has had a ROI of -90% [21:00]
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pankkake haha. so typical havelock security :p [21:00]
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mircea_popescu theres 'nopt that many involved in btc, and they didn't care for mining. [21:00]
mircea_popescu mike_c you know, one great thing you could do is start a blog and doing it 100% business analysis. [21:00]
mircea_popescu numbers, comparisons, the works. do it well, it'll make you a name. [21:00]
mike_c although i accidentally cherry picked their peak. probably not bad if you got in super early. [21:00]
DRB_ But why Neobee are listing with them ? [21:01]
mike_c hah. blog no. analysis tools is more interesting. [21:01]
mike_c maybe a blog with it. [21:01]
mircea_popescu this is basically what dooglus did, http://trilema.com/2013/i-state-problems-i-receive-solutions-a-happiness-is-me/ [21:01]
mircea_popescu that's your reference. [21:01]
mircea_popescu DRB_ because ThickAsThieves is young and naive ? [21:01]
mircea_popescu or because whoever at neobee thought they're qualified and competent to make calls they weren't either qualified or competent to make. [21:02]
mircea_popescu much in the way of asicminer sucking at finance, except with the added twinge that asicminer isn't trying to be a financial services corp. [21:02]
jurov *sigh* if that was so easy you know what i'm speaking about mircea [21:02]
pankkake ThickAsThieves is young? [21:02]
mircea_popescu at least not rly. [21:02]
pankkake neobee actually chose bitfunder as their "main" exchange, so it's worse :) [21:03]
mircea_popescu they definitely should have come out with a "the veep in charge of picking bitfunder is now at large" [21:03]
mircea_popescu but hey. they're young and naive. [21:03]
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jurov bitfunder *and* oracle [21:06]
pankkake yeah. two strikes [21:06]
pankkake oracle was just some wasted money, bad but… [21:06]
pankkake I don't have a good feeling about danny anymore :( still hope it works, but def don't want to be a part of that [21:07]
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mircea_popescu the oracle thing is more complicated. as such : [21:08]
mircea_popescu i can easily see old time financial mind with a lot of money going for oracle. i understand the reasons he'd make that mistake. [21:08]
DRB_ HMF Discarded [21:08]
mircea_popescu but then the kids made mistakes that clearly disprove the theory that that's what happened there, ie, you'd have to be a 19 yo not a 91 yo. [21:08]
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didi_ NeoBee should have taken the extra effort to list on MPEx [21:09]
DRB_ What about Buy-a-hash [21:09]
mircea_popescu so now it's either that the person that made that call has meanwhile left the ship, or else they lied about getting oracle in order to give people like me the false impression that hey, this is competence over here [21:09]
DRB_ ? [21:09]
mircea_popescu DRB_ what's that ? [21:09]
mike_c cex? [21:10]
DRB_ https://litecointalk.org/index.php?topic=3126.0 [21:10]
DRB_ Litecoin mining [21:10]
DRB_ company [21:10]
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mircea_popescu DRB_ in general mining won't give you good returns, even if run by reputable and honest operators. see [21:10]
mircea_popescu http://trilema.com/2012/the-problem-with-pmbs-ie-perpetual-mining-bonds/ [21:10]
mircea_popescu ity explains the constraints. [21:10]
ozbot The problem with PMBs, ie “Perpetual Mining Bonds” pe Trilema - Un blog de Mircea Popescu. [21:10]
mircea_popescu mike_c anyway, why blog no ? [21:11]
pankkake buy-a-hash has been profitable for me, but I don't think it will be now. many irrational miners are now in litecoin [21:12]
pankkake also, a PMB that triples in value (divs excluded) uh… [21:12]
mike_c i prefer to provide tools that help people fish on their own. longer lasting value than a blog post imo. [21:12]
mircea_popescu mike_c you know i have blogposts written in 2012 that still get more reads today than the entire new edition of bitcoinmagazine ? [21:13]
DRB_ With PMB I was able to generate some divs and sell the bonds [21:13]
mike_c both are valuable, i have learned a ton from trilema, bingoboingo, loper-os [21:13]
mircea_popescu there's huge lasting value in text. consider we're still reading candide, and we regret not being able to read the greeks. [21:13]
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mircea_popescu (and for that matter any code you ever write is a subset of a blogpost. it's still letters.) [21:14]
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mircea_popescu also, x.idiff.dec settled, making a post. [21:14]
mike_c somebody reads my blog post on how I analyzed a company today. or, i write a tool that analyzes the stock/company in real time and include on that page lots of information about it. [21:15]
mike_c i just prefer the latter. [21:15]
DRB_ I alse think crypto exchanges share are good [21:15]
DRB_ as crypto trade [21:16]
mike_c like, i'd rather build a better google finance for bitcoin that write a finance blog. [21:16]
mircea_popescu i guess it's a matter of personal inclination. [21:17]
mircea_popescu one way to go about it, of course, could be to set yoruself the task of analyzing all bitcoin finance, then produce the blog, and then write the code to help you do that. [21:17]
benkay mike_c i'll ghostwrite for ya [21:17]
mircea_popescu ye, agile development, after a fashion. [21:17]
mircea_popescu now that'd be a hit. [21:17]
mike_c sounds like a good idea :) just flipping the last two bits. [21:18]
mircea_popescu the flipping is actually enough to sink it. [21:18]
mike_c and perhaps I am doing that, and just don't want to toot any horns before i publish anything. [21:18]
mike_c we'll see. soon. [21:18]
mircea_popescu code requires well understood similarities in the problems it encounters [21:18]
mircea_popescu and we don't yet well understand this, so it'll have to be done by hand at first [21:18]
mircea_popescu then automated as need allows [21:18]
mircea_popescu rather than designed from the top "correctly". there's no such correctly in btc [21:19]
mike_c yes, but writing the analysis tools sharpens your thinking about the problem. [21:19]
mike_c allowing you to write a better blog post [21:19]
mircea_popescu a topic eerily related to asciilifeform's discussion on proper os. [21:19]
mircea_popescu perhaps, but if you go about it the way you propose it'd be mike c's blog detailing his numerous failures to model btc finance to date. [21:19]
mircea_popescu kinda setting yourself up the bomb. [21:19]
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mike_c and the 'tools' can be v1, v2, v3, etc. don't need the world to start. [21:21]
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mike_c benkay: no need to ghostwrite, you can be a contributor! [21:21]
mircea_popescu (ie, you'll get frustrated and leave). it's better to have small results in a growing string, [21:21]
mircea_popescu than large failures in a dwindling string [21:21]
mircea_popescu but then again, maybe you like it the other way. [21:21]
mike_c a growing string of code, with some words. rather than growing string of words, with some code. [21:22]
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mircea_popescu you ever played might and magic 6 ? [21:26]
mircea_popescu (the mandate of heaven) [21:26]
mike_c me? don't think so [21:30]
mircea_popescu http://www.youtube.com/watch?v=Aw1Etkac2kQ&list=SPCB0596473AEFE07D#t=9 [21:31]
ozbot Might and Magic 6 LP Part 001: Storyline - YouTube [21:31]
mircea_popescu that's why i ask :) [21:31]
mircea_popescu "your role in the events to come may be larger than anyone could imagine. the tools you have are but a small sum of gold, your wits and a lot of potential. the roads ahead are infinite and all the choices yours to make. so choose wisely. good luck" [21:32]
mircea_popescu from memory. [21:32]
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mike_c heh. that is an impressive video-game memory you have. I will be showing off v0.1 of my road soon. [21:36]
mircea_popescu never one to miss a snide, consider this : the code that made an early 3d game is well rusted in the intervening 15 yos. [21:37]
mircea_popescu the blogpost that it enabled lives on. [21:37]
Apocalyptic i agree with mircea on this [21:39]
mike_c you just quoted a ten year video game. [21:40]
mike_c *old [21:40]
mircea_popescu it was like 98 iirc. [21:40]
mike_c so.., i win :) [21:40]
mike_c quote a 15 year old blog post. [21:41]
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mircea_popescu hehe perhaps you disregarded the part where it said "the code is long forgotten but the textual content lives on" ? [21:41]
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mircea_popescu code rusts. [21:41]
mike_c ok. fair point. [21:41]
mircea_popescu finance. first and foremost, a philosophy. [21:42]
mike_c point for me: you own a video game company. you don't own a blogging company. [21:43]
mircea_popescu i own the blog 100% and the game company like 70% or w/e it is. [21:43]
mircea_popescu 70% of half was it [21:43]
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mike_c and in a year, 30% of s.mg will be worth more than 100% of trilema (revenue stream). obviously trilema gives you benefits way beyond the credits. [21:44]
mircea_popescu yes, but in 1000 years s.mg will be long gone. [21:44]
mircea_popescu people will still read trilema, if for nothing else then because this nutty btc thing will still be interesting. [21:44]
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mike_c LHC is going to blow up the world in < 50 years anyway :) [21:46]
mircea_popescu lol the world is getting imminently blown up since endlessly ago. [21:47]
mircea_popescu but anyway. [21:47]
mircea_popescu .d [21:47]
ozbot 908350862.43702 | Next Diff in 505 blocks | Estimated Change: 27.5628% in 2d 12h 43m 25s [21:47]
pankkake or someone makes a coin with a proof of work where you have to divide be zero [21:47]
mircea_popescu pankkake and call it nerdcoin, so the pow is "like the problem of dividing his sexual attention amongst his gfs) [21:48]
pankkake who's to blame for that 27%? :( [21:48]
pankkake eheh [21:48]
pankkake well I have a lot of .jpgs! [21:48]
jurov lol i read " amongst his gifs" [21:49]
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jurov yea, jpgs are better :D [21:49]
mircea_popescu lol [21:50]
mircea_popescu pity assbot is taking it in the pooper, this right here is prime bash material. [21:50]
mircea_popescu kakobreklaaa you okay hon ? [21:50]
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pankkake you can http://bash.bitcoin-assets.com/?add [21:51]
mike_c pankkake, you should get coinion to cover bernankoin. [21:52]
pankkake well, they did ObamaCoin [21:52]
pankkake shit I had an idea for coinon in the subway but forgot :( should have wrote it down [21:52]
mircea_popescu no, the subway should include coin making tools. [21:53]
pankkake http://i334.photobucket.com/albums/m414/mururoar/rnb_generator.jpg like that one, but for altcoins? [21:54]
mike_c even better then, you should get fortune to cover bernankoin [21:54]
pankkake I tried to find how to contact Krugman [21:54]
mike_c stephen gandel would definitely cover it [21:55]
pankkake after all, the dedication is to him: https://bitbucket.org/pankkake/bernankoin/commits/bbe7b0a48c3d863f2f06225f77e912e7077e1e21 [21:55]
mircea_popescu jurov and ThickAsThieves everyone trading idiffs : [21:57]
mircea_popescu http://trilema.com/2013/xidiffdec-has-settled/ [21:57]
ozbot X.IDIFF.DEC has settled. pe Trilema - Un blog de Mircea Popescu. [21:57]
mircea_popescu tl;dr : trade suspended today, tomorrow reopens with a 1/10`000 lot size [21:57]
mircea_popescu pankkake ayup [21:58]
mike_c miners have an incentive to go long difficulty. does anyone besides speculators have an incentive to short difficulty? [22:02]
mircea_popescu mining tools manufacturers ? [22:03]
asciilifeform speaking of miners, that fellow with the nuked pcbs should try this: http://www.phoenixphorum.com/viewtopic.php?f=3&t=976 [22:04]
mike_c hm, maybe. knc is long difficulty because they aren't keeping all their miners. so they short it as a hedge. [22:06]
mircea_popescu pankkake i like the "Releasing a coin with out compiled binarys? This is not going to end well." [22:07]
mircea_popescu bitcointalk is like... the opposite of everything you've ever known. [22:07]
mircea_popescu mike_c moreover, the main thread to the miner's business model is difficulty dropping in ways not related to the functioning of the network itself (as for the later they have an implicit hedge in the likely flood of extra orders) [22:08]
pankkake half don't get the joke. I'm proud of my reply here but I feel like he's serious: https://bitcointalk.org/index.php?topic=375010.msg4030538#msg4030538 [22:08]
mircea_popescu s/thread/threat [22:08]
mircea_popescu https://bitcointalk.org/index.php?topic=375010.msg4015246#msg4015246 [22:09]
mircea_popescu ftw lmao [22:09]
ozbot [ANN] Bernankoin the Coin to save our economy - WINDOWS AVAILABLE NOW + GIVEAWAY [22:09]
mircea_popescu never before in the history of written language have the so very stupid interracted with the so much smarter. [22:09]
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mike_c right. although they can't fill those extra orders anyway. knc neptunes are sold out already. [22:09]
mircea_popescu generations after will look down upon us for having failed to make the most of what will seem to them the best comedy setup in the possible history of the world. [22:10]
mike_c of course, they are reputable. other hardware vendors can just take the orders and not fill them. [22:10]
mircea_popescu mike_c admittedly derivatives and finance generally work a lot better closer to sanity. [22:10]
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mike_c yeah. it's still tough to make a market with the 3x last difficulty cap. [22:11]
mircea_popescu i had hoped it'll dwindle and i can lower the 2.9 to something saner. [22:11]
mircea_popescu eventually it'll have to. [22:11]
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kakobreklaaa sorry about that. [22:12]
mircea_popescu !t m x.eur [22:12]
assbot [MPEX:X.EUR] 1D: 0.00199998 / 0.00199998 / 0.00199998 (100 shares, 0.20 BTC), 7D: 0.00199998 / 0.00199998 / 0.00199998 (100 shares, 0.20 BTC), 30D: 0.00199998 / 0.00199998 / 0.00199998 (100 shares, 0.20 BTC) [22:13]
mircea_popescu omfg it traded [22:13]
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mircea_popescu ajnd the buyer looks set to maybe turn a profit even [22:15]
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assbot [MPEX] [S.MPOE] 6400 @ 0.00090531 = 5.794 BTC [+] [22:25]
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assbot [MPEX] [S.MPOE] 3800 @ 0.00090314 = 3.4319 BTC [-] [22:28]
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assbot [MPEX] [S.MPOE] 8350 @ 0.00090316 = 7.5414 BTC [+] [22:42]
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benkay so 7c *wants* to revive Stock Generation? [22:45]
the20year2 7c? [22:46]
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benkay https://www.havelockinvestments.com/fund.php?symbol=7C [22:47]
benkay trading rally is categorized as an event/development which will absorb funds to bring about [22:47]
benkay agog is what i am [22:48]
the20year2 Do any of you plan on migrating to, or participating in ciphertrade when they release? [22:49]
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b0n1 ;;seen davout [22:50]
gribble davout was last seen in #bitcoin-assets 13 hours, 19 minutes, and 37 seconds ago: amazing future [22:50]
assbot AMAZING COMPANY! [22:50]
FabianB_ ;;calc 1/[ticker --currency eur --last] [22:52]
gribble 0.00235294117647 [22:52]
assbot [MPEX] [S.MPOE] 12500 @ 0.00090556 = 11.3195 BTC [+] [22:53]
b0n1 is there an api for bitcoin-central? [22:55]
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assbot [MPEX] [S.MPOE] 4100 @ 0.00090498 = 3.7104 BTC [-] [23:11]
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dexX7 did you hear? mircea_popescu, the eccentric romanian hacker.. runs mpex, an exchange where transactions are processed by hand via air-gapped systems :D https://docs.google.com/document/d/1EkLwTlb0sCEp023pzZfd1bv9OnLOqqogqV-0wN-K_PM/ [23:25]
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asciilifeform dexX7: did you actually read that thing? 'cloud machine'??!? [23:39]
asciilifeform '...verifying that the hash of the code running on the Cloud Machine matches the hash of the code given at the time of the IPO...' [23:40]
asciilifeform stoppped there. [23:40]
dexX7 didn't made it so far, to be honest :D [23:40]
kakobreklaaa http://www.coinion.com/2013/12/07/united-states-dollar-almost-doubles-in-value-in-a-single-day/ [23:41]
asciilifeform reminds me of a 'chicken recipe' sometimes attributed to the gypsies. '1) first, steal a chicken...' [23:42]
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mike_c heh. bitcoin company recipe: "1) first, ipo" [23:43]
jborkl ?join #bitcoin-otc [23:43]
jborkl ;;8ball [23:43]
gribble Unlikely. [23:43]
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assbot [MPEX] [S.MPOE] 5669 @ 0.00090577 = 5.1348 BTC [+] {3} [23:44]
asciilifeform paging mp: http://www.usatoday.com/story/news/world/2013/12/18/india-diplomat-us-immunity/4108553/ [23:47]
asciilifeform (tldr: diplomat arse-searched) [23:47]
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assbot [MPEX] [S.MPOE] 16243 @ 0.00090807 = 14.7498 BTC [+] {2} [23:49]
kakobrekla anything found? [23:51]
mike_c lots of curry [23:52]
assbot [MPEX] [S.MPOE] 14238 @ 0.00090812 = 12.9298 BTC [+] {2} [23:54]
mike_c lol. india responds by "canceling duty-free liquor deliveries to the [US] embassy". [23:56]
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