Forum logs for 18 Jan 2014

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu https://bitcointalk.org/index.php?topic=417227.msg4532322#msg4532322 [00:00]
ozbot closed [00:00]
mircea_popescu now i've seen everything o.O [00:00]
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mike_c 4 hours from launch to failure? the cycle is quickening. [00:03]
assbot [MPEX] [S.MPOE] 16930 @ 0.00084827 = 14.3612 BTC [-] [00:04]
Duffer1 someone took mpoe-prs advice before they lost their ass [00:05]
Duffer1 nice ^.^ [00:05]
mircea_popescu it may be a first actually. [00:05]
jborkl us marshall service going to auction off the SR bitcoins soon [00:05]
jborkl can I pay with Paypal? heh [00:06]
mircea_popescu possibly. [00:06]
mircea_popescu https://bitcointalk.org/index.php?topic=406712.msg4539197#msg4539197 << anyone actually see a purpose to this other than stealing people's coins ? [00:07]
ozbot WalletBuddy 1.10 Released [00:07]
mircea_popescu BingoBoingo https://bitcointalk.org/index.php?topic=420122.0 can you get in ? [00:07]
BingoBoingo mircea_popescu: I've never used that site. Bitbet came around roughly the same time I started using coin. [00:08]
mircea_popescu o for some reason i thought you had an acct [00:09]
mircea_popescu well... does anyone here have a betsofbitco.in account can verify if they split or not yet ? [00:09]
assbot [HAVELOCK] [AM1] 5 @ 0.55999599 = 2.8 BTC [+] {3} [00:10]
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assbot [HAVELOCK] [HMF] 4 @ 0.02629999 = 0.1052 BTC [+] {2} [00:17]
assbot [HAVELOCK] [AM100] 21 @ 0.00512285 = 0.1076 BTC [-] {3} [00:19]
assbot [HAVELOCK] [SFI] 485 @ 0.00080242 = 0.3892 BTC [-] {5} [00:24]
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Duffer1 http://www.theonion.com/video/blanket-of-snow-creates-illusion-that-town-not-a-t,34924/ [00:29]
ozbot Blanket Of Snow Creates Illusion That Town Not A Total Shithole | Video | The Onion - America's Fine [00:29]
assbot [HAVELOCK] [CBTC] 3000 @ 0.0000942 = 0.2826 BTC [+] [00:29]
assbot [HAVELOCK] [HMF] 5 @ 0.0263 = 0.1315 BTC [+] [00:30]
Duffer1 thought you might like that 20 :P [00:30]
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KRS1 damn i love this stuff..bought another bottle [00:45]
KRS1 http://www.goingoutmiami.com/wp-content/uploads/2011/12/New-Fireball-shot1.jpg [00:45]
kakobrekla was dat [00:45]
kakobrekla ah [00:46]
kakobrekla whiskey for kids? [00:46]
KRS1 i guess [00:46]
KRS1 its not like schnapps or anything thick..real smooth [00:46]
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kakobrekla speaking of drinks, i just gave away a bottle of www.masterofmalt.com/whiskies/yamazaki-12-year-old-whisky/?srh=1 [00:47]
MCM-Mike never tried Yamazaki, will give it a try . did you give it away because you didnt like it or as a gift ? :) [00:49]
kakobrekla i dont drink normally, i buy this shit for gifts. [00:49]
kakobrekla i have no idea if its any good [00:49]
kakobrekla but whats neat is they have samples [00:49]
kakobrekla so you can try it before you buy it [00:50]
MCM-Mike ok :) let see if they shipp to ger [00:50]
kakobrekla they do [00:50]
kakobrekla not my fault if you dont like it :) [00:51]
MCM-Mike np, looks fancy will tell you how I liked it [00:52]
kakobrekla well look around [00:52]
kakobrekla maybe you will see something that looks better to you. [00:53]
kakobrekla i just wanted something that is not easy to get. [00:53]
MCM-Mike saw some single malts which I liked on the page [00:53]
kakobrekla tastings sets prooved to be a nice new years gift. [00:56]
mircea_popescu http://25.media.tumblr.com/d30d85530fd2c80a191379696486fc33/tumblr_mfa9cfSQYV1s0d4v6o1_500.jpg [00:56]
assbot 123! [00:56]
kakobrekla 123 ball! [00:56]
mircea_popescu lol assbot got excited [00:56]
kakobrekla dont you have DMC t o run [00:57]
mircea_popescu whoa did hashpower take a slap or what. [01:00]
mircea_popescu barely 13 atm. [01:01]
asciilifeform batch of boobietrapped asics quit? [01:01]
mircea_popescu .d [01:01]
ozbot 1789546951.05324 | Next Diff in 1202 blocks | Estimated Change: 17.5839% in 6d 20h 45m 44s [01:01]
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mircea_popescu i have no idea, but it shed about 30% over the past 6-10 hours [01:02]
asciilifeform or they're changing a transformer at ft. meade. [01:02]
mircea_popescu lol [01:02]
mircea_popescu the us isn't doing 30% by any means. like 8. [01:02]
mircea_popescu usg* [01:02]
asciilifeform USS Satoshi, atomic mining ship (free cooling!) ran aground and bent its dish. [01:03]
KRS1 .bait [01:03]
ozbot http://25.media.tumblr.com/6c650976e3d9ddd877f01a6debd6bc07/tumblr_mfdmd1F5Zg1r4258yo1_500.jpg [01:03]
mircea_popescu http://31.media.tumblr.com/879d51f94c81c28e13c3fb329aa8cd2b/tumblr_msum4b5wJf1ru15g3o1_1280.jpg [01:04]
KRS1 look at all that genetalia..not bad looking but she got baloney for days. [01:04]
mircea_popescu girl knows what she wants and how to get it. [01:04]
KRS1 love how nobody notices the completely naked bitch..must be somewhere in Europe. [01:05]
KRS1 all tha roast beef [01:06]
assbot [MPEX] [S.MPOE] 14330 @ 0.00084845 = 12.1583 BTC [+] {2} [01:07]
assbot [HAVELOCK] [AM1] 2 @ 0.545 = 1.09 BTC [-] {2} [01:08]
mircea_popescu how much electric power do the atomic subs have anyway ? is it 1mw ? [01:09]
asciilifeform up to 500mw, i think [01:12]
mircea_popescu wouldn't do too much hashing. [01:12]
mircea_popescu wait, 500mw ?! [01:12]
mircea_popescu that seems excessive [01:13]
kakobrekla can you get one? [01:13]
asciilifeform one source [01:13]
asciilifeform http://www.world-nuclear.org/info/Non-Power-Nuclear-Applications/Transport/Nuclear-Powered-Ships/ [01:13]
ozbot Nuclear-Powered Ships | Nuclear Submarines [01:13]
asciilifeform "The largest submarines are the 26,500 tonne (34,000 t submerged) Russian Typhoon-class, powered by twin 190 MWt PWR reactors..." [01:13]
kakobrekla hm [01:15]
kakobrekla the floating power station kicks in only 70mw [01:15]
mircea_popescu but that's the nominal thermal output of the reactor or actual useful electricity ? [01:15]
kakobrekla 70mw electricity [01:15]
kakobrekla 300mw heat [01:15]
asciilifeform "... the Los Angeles class submarines formed the backbone of the US SSN (attack) fleet, and 62 were built. They are 6900 dwt submerged, and have a 165 MW GE S6G reactor driving two 26 MW steam turbines." [01:15]
mircea_popescu ya but that's steam [01:16]
asciilifeform so yes, efficiency is not 100 %. [01:16]
asciilifeform to no one's great surprise. [01:16]
mircea_popescu anyway, i guess a nuclear sub could actually hash pretty well. [01:16]
asciilifeform great place to do it, too [01:16]
asciilifeform sea water cooling [01:16]
asciilifeform want bandwidth? tap a fiber... [01:17]
kakobrekla chip density might be a problem [01:17]
mircea_popescu lol the cooling miners part is the least of their problems [01:17]
mircea_popescu they gotta cool the core anyway [01:17]
kakobrekla you are left with bunch of unused elect [01:17]
asciilifeform propulsion screw will readily eat the remainder. [01:18]
kakobrekla oh yeah, that thingy. [01:18]
mircea_popescu it boggles my mind that they can somehow put 1mw through a propeller [01:18]
mircea_popescu da fuck they're made out of, adamantium ? [01:18]
kakobrekla unobtanium [01:18]
jurov large wind turbines have 1MW too [01:19]
asciilifeform 1) there can be >1 prop 2) you can get marine diesels, 100,000 horse. [01:19]
jurov it's doable [01:19]
asciilifeform pistons as wide as a man is tall [01:19]
asciilifeform http://www.boattest.com/images-gallery/News/10000hp8.jpg [01:20]
mircea_popescu that looks like a great orgy apparatus [01:20]
Duffer1 holy crankshaft batman [01:20]
kakobrekla and the reach of these diesel subs? [01:21]
kakobrekla 20miles? [01:21]
Duffer1 hehe [01:21]
mircea_popescu prolly 50-100-200 knots [01:21]
KRS1 dat crankshaft [01:29]
assbot [MPEX] [FT] [X.EUR] 1200 @ 0.00174483 = 2.0938 BTC [+] [01:32]
mircea_popescu so nice to see the euro priced as a few bitcents [01:35]
mircea_popescu i dunno why everyone keeps pricing bitcoin in fiats rather than the fiats in bitcoin. [01:35]
mircea_popescu it's quite obvious which is the correct way. [01:35]
assbot [MPEX] [FT] [X.EUR] 1200 @ 0.00174483 = 2.0938 BTC [+] [01:35]
KRS1 heh [01:36]
pankkake coinion did it [01:36]
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KRS1 will anybody here pay BTC? [01:38]
KRS1 I will cut my chest [01:38]
KRS1 I need BTC, I'll cut myself for btc [01:38]
KRS1 Darwin hasn't caught up to this one yet. [01:38]
kakobrekla ask how much for a buttcoin [01:39]
pankkake what I wonder is why people aren't doing it for euros already [01:39]
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pankkake I mean fiat [01:39]
kakobrekla they are just not on irc. [01:39]
KRS1 Power_Word: What would you do for a buttcoin? I'd cut ur name in my chest [01:40]
KRS1 dafuq? [01:40]
KRS1 Power_Word: what would you do for .25 BTC? .25 I'd cut whatever you want [01:41]
KRS1 now hes begging [01:41]
kakobrekla seems like he will cut in any case [01:41]
kakobrekla he can pay us to watch it. [01:42]
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KRS1 yea im sure..ppl do that all the time like on omeagle [01:42]
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kakobrekla anyway nuff of this, go to -otc for more. [01:42]
assbot [MPEX] [FT] [X.EUR] 200 @ 0.00174483 = 0.349 BTC [+] [01:43]
assbot [HAVELOCK] [PETA] 3 @ 0.04870001 = 0.1461 BTC [-] [01:43]
kakobrekla rather check up upon bit billions [01:44]
assbot [HAVELOCK] [PETA] 4 @ 0.0487 = 0.1948 BTC [-] [01:44]
mircea_popescu !t m x.eur [01:44]
assbot [MPEX:X.EUR] 1D: 0.0016245 / 0.00169433 / 0.00174483 (4600 shares, 7.79 BTC), 7D: 0.0016245 / 0.00169433 / 0.00174483 (4600 shares, 7.79 BTC), 30D: 0.0016245 / 0.00188399 / 0.00333333 (10501 shares, 19.78 BTC) [01:44]
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mircea_popescu starting to move a little i guess. [01:44]
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assbot [MPEX] [FT] [X.EUR] 1000 @ 0.00174483 = 1.7448 BTC [+] [01:46]
mircea_popescu http://25.media.tumblr.com/43116952b9aaa9cf7a49d5cb603d30fc/tumblr_mrow7fxBFX1s49lc7o1_1280.jpg << that's KRS1 in the background there. [01:53]
KRS1 Nom nom nom [01:54]
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KRS1 perfect..thats my dream girl [01:54]
pankkake pig 'n whistle restaurant? [01:54]
KRS1 Have to feed her first. [01:54]
jurov ;;ticker [01:55]
gribble MtGox BTCUSD ticker | Best bid: 885.005, Best ask: 892.9, Bid-ask spread: 7.89500, Last trade: 892.9, 24 hour volume: 9854.40663961, 24 hour low: 867.43, 24 hour high: 930.0, 24 hour vwap: 894.86934 [01:55]
pankkake she certainly needs feeding [01:55]
KRS1 a tad [01:55]
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assbot [HAVELOCK] [AM1] 1 @ 0.56948997 BTC [+] [01:59]
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assbot [MPEX] [S.MPOE] 13308 @ 0.00085035 = 11.3165 BTC [+] [02:09]
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assbot [MPEX] [S.MPOE] 29600 @ 0.00084798 = 25.1002 BTC [-] [02:11]
assbot [MPEX] [FT] [X.EUR] 2250 @ 0.00195527 = 4.3994 BTC [+] {2} [02:21]
assbot [MPEX] [S.MPOE] 16100 @ 0.00084798 = 13.6525 BTC [-] [02:22]
assbot [MPEX] [FT] [X.EUR] 200 @ 0.0019975 = 0.3995 BTC [+] [02:22]
jurov ;;calc 1/0.0019975 [02:31]
gribble 500.625782228 [02:31]
jurov ;;calc 1/0.00175 [02:32]
gribble 571.428571429 [02:32]
jurov so bearish [02:33]
KRS1 why are markets this way? because it rose up so quick? [02:34]
KRS1 seems there has been good news lately..idk [02:35]
kakobrekla ;;bc,convert eur [02:35]
gribble 1 BTC = 906.625 USD = 669.7238875 eur [02:35]
jurov ;;ticker --last --currency eur --market all [02:36]
gribble MtGox BTCEUR last: 658.33, vol: 1386.72019629 | Bitstamp BTCEUR last: 592.444787, vol: 16631.24159665 | BTC-E BTCEUR last: 597.99996, vol: 398.29529 | CampBX BTCEUR last: 590.96, vol: 163.33309995 | BTCChina BTCEUR last: 599.238717, vol: 4465.72000000 | Volume-weighted last average: 597.811355208 [02:36]
KRS1 i dont think there is anything to blame for the bearish markets..perhaps people are just wanting to sell after the recent run up. [02:37]
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jurov it's going for a week already [02:39]
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mircea_popescu maybe btc is actually pricing the eur/usd pair better than the fiat markets ? [02:40]
mircea_popescu ie, not bearish on btc, bullish on eur ? [02:40]
KRS1 interesting..hmm. [02:41]
kakobrekla the differences there are nothing compared to btc [02:41]
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kakobrekla volatility to be exact [02:42]
mircea_popescu sure, but the thing is... a triangle is a triangle. you never know which si the wrong side. [02:42]
kakobrekla if you have a big exposure to btc you can not possibly whine about a tiny eur usd difference [02:43]
KRS1 nov btc was around $500 this is probably just a correction [02:43]
kakobrekla it would make sense to make btc of eurusd like panacea does [02:44]
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kakobrekla but i do not think this is the case here [02:44]
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pankkake http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/ maybe? [02:51]
ozbot The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road - Forbes [02:51]
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kakobrekla those will be auctioned off [02:52]
kakobrekla i bet there are buyers waiting. [02:52]
pankkake buyers that might buy less from the usual exchanges, then [02:53]
pizzaman1337 it seems to be scaring people at least [02:53]
kakobrekla i doubt it [02:53]
kakobrekla this is not for regular folks [02:53]
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Apocalyptic this is not for regular folks // +1 [02:58]
jurov no i think it will be buyers who don't like these play exchanges [02:58]
jurov banksters must be pretty scared of how gox and their ilk handles stuff [02:58]
pankkake that's understandable, but I would be surprised if it had no influence [02:59]
Apocalyptic may be a good way for institutional players to get some coins without wreaking the exchange price [02:59]
mircea_popescu kakobrekla you can participate in a public auction, sure, why not [03:00]
pankkake doing it outside of exchanges is pretty much the only way [03:00]
pankkake but they might be buying already; maybe they buy from bitpay or stuff? [03:00]
KRS1 oh wow ebay allowing virt currency sales/trading by feb. [03:02]
pankkake reliable source? [03:02]
KRS1 is coindesk reliable? [03:02]
kakobrekla even if its public, regular folks dont buy such quantities of coin at once [03:02]
KRS1 idk [03:02]
KRS1 http://www.coindesk.com/ebay-uk-virtual-currency-february/ [03:02]
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pankkake lol, so they are adding a category [03:03]
KRS1 its certainly not bad news [03:03]
mircea_popescu coindesk is not very reliable, but then again ebay is in fact going to bow to virtuals. [03:03]
pankkake nothing really changing from what is already there really [03:03]
pankkake at least it means they won't ban it [03:03]
KRS1 perhaps more people will at least be exposed to it if they havent already. [03:04]
assbot [HAVELOCK] [SFI] 352 @ 0.0008899 = 0.3132 BTC [-] {3} [03:05]
mircea_popescu i think by now pretty much anyone alive has been so exposed. [03:09]
mircea_popescu the btc rift guild is like 500 people strong, maybe half actually came from trilema, the rest just, randomly, from in game [03:09]
mircea_popescu but anyone i ever talked to knows what btc is [03:09]
pankkake gamers know what is bitcoin [03:09]
pankkake no real surprise [03:09]
pankkake ebay is a slow, bulky, money hungry monster. don't think they'll have bitcoin as a payment anytime soon [03:10]
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mircea_popescu thge funny think is that we did have the opportunity to crush ebay [03:11]
mircea_popescu except we didn't have the talent to do it [03:11]
mircea_popescu and so... it survives. [03:11]
pankkake did? [03:11]
mircea_popescu well, the window is closing. [03:12]
pankkake why? :( [03:12]
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mircea_popescu well that's what windows do lol [03:13]
pankkake so it's closing because it's closing [03:14]
pankkake ebay is good because you are pretty sure you can sell fast at a good price [03:14]
kakobrekla not, its closing because its a window. [03:14]
pankkake why is it a window? [03:14]
pankkake but what if it was painless to list on both? [03:14]
mircea_popescu pankkake well, because time is going by [03:15]
pankkake that's not very helpful [03:19]
pankkake "Havelock is where the future of bitcoin is being made" [03:19]
jurov bitmit was something, but was relentlessly driven to ground [03:19]
jurov and no significant contender appeared [03:19]
pankkake yet! [03:19]
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kakobrekla bitmit wasnt something. [03:21]
pankkake it was mostly left to rot [03:22]
pankkake http://divergentdave.github.io/nsa-o-matic/ [03:23]
ozbot NSA-O-Matic [03:23]
mircea_popescu jurov actually the dread pirate guy was a worse threat. [03:24]
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mircea_popescu pankkake you gotta be kidding me ? what's that ? [03:24]
kakobrekla lol [03:25]
kakobrekla mp's first time on the internet. [03:25]
mircea_popescu wut wut [03:27]
kakobrekla refresh taht page a couple of times. [03:28]
kakobrekla randomized bullshit- [03:28]
mircea_popescu kakobrekla i meant the havelock quote. [03:28]
kakobrekla h. [03:29]
kakobrekla ah [03:29]
kakobrekla nvm then [03:29]
pankkake ooh [03:29]
mircea_popescu which sounded to me like an incredibly lame mp-wannabe moment. [03:29]
pankkake https://bitcointalk.org/index.php?topic=419654.0 another thread made of lols [03:30]
ozbot Cryptostocks Turnaround [03:30]
mircea_popescu lol [03:30]
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mircea_popescu most airplanes crashing into the ground spin all the way there. [03:31]
kakobrekla gosh i dont remember last time i played sturmikov [03:31]
kakobrekla must be years. [03:31]
mircea_popescu f-19 ftw! [03:32]
assbot [HAVELOCK] [AM1] 1 @ 0.55988799 BTC [-] [03:32]
kakobrekla its so long i spelled it wrong. [03:35]
mircea_popescu ;;google f-19 micropose [03:35]
gribble F-19 Stealth Fighter - Wikipedia, the free encyclopedia: ; F 19 Stealth Fighter MICROPROSE - YouTube: ; Microprose F19 Stealth Fighter, DOS - YouTube: [03:35]
kakobrekla ;;google il2 sturmovik [03:36]
gribble IL-2 Sturmovik: Battle of Stalingrad: ; IL-2 Sturmovik (video game) - Wikipedia, the free encyclopedia: ; Ilyushin Il-2 - Wikipedia, the free encyclopedia: [03:36]
kakobrekla the shit. [03:36]
KRS1 ah the good ole days [03:39]
asciilifeform f-19! [03:42]
asciilifeform played that as a boy [03:42]
asciilifeform someone remembers! [03:42]
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mircea_popescu :D [03:44]
mircea_popescu the day my colonel died... [03:45]
mircea_popescu was such a sad, sad day. [03:45]
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assbot [HAVELOCK] [SFI] 1000 @ 0.00081495 = 0.815 BTC [-] {3} [04:20]
assbot [MPEX] [S.MPOE] 27350 @ 0.00084699 = 23.1652 BTC [-] {3} [04:24]
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mircea_popescu .d [04:44]
ozbot 1789546951.05324 | Next Diff in 1174 blocks | Estimated Change: 17.5075% in 6d 17h 23m 59s [04:44]
the20year2 cost to issue a stock on mpex if eligible is 25-30btc, right mircea? [04:45]
mircea_popescu you need an account in the first place. other than that, the listing fees are negotiated as part of the listing process. [04:46]
assbot [MPEX] [S.MPOE] 22300 @ 0.00084642 = 18.8752 BTC [-] {3} [04:51]
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assbot [HAVELOCK] [AM100] 45 @ 0.00534976 = 0.2407 BTC [-] [05:08]
the20year2 k [05:09]
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* Now talking on #bitcoin-assets [12:39]
* 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 [12:39]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 [12:39]
mircea_popescu .d [12:41]
ozbot 1789546951.05324 | Next Diff in 1109 blocks | Estimated Change: 18.7157% in 6d 6h 10m 59s [12:41]
midnightmagic mikaeldice MiningBuddy- mircea_popescu mius mixdio_ [12:45]
midnightmagic mikaeldice MiningBuddy- mircea_popescu mius mixdio_ [12:45]
KRS1 hi [12:52]
KRS1 When it comes to bitcoin irc is dead these hours. [12:52]
KRS1 .bait [12:52]
ozbot http://24.media.tumblr.com/9a3af502dd4e547911fd1c6067716764/tumblr_mpz0g4laRh1swgttco1_400.gif [12:52]
KRS1 .bait [12:52]
ozbot http://24.media.tumblr.com/f063571cc0aceb76d29e7f127f1f9dca/tumblr_mj3mp8HKAC1qhs5wyo1_500.jpg [12:52]
assbot [MPEX] [S.MPOE] 20150 @ 0.00084588 = 17.0445 BTC [+] [12:53]
KRS1 .bait [12:56]
ozbot http://25.media.tumblr.com/315cb475f57c7fde3299e54e3e917b55/tumblr_mr731f3blT1rck5gjo1_500.jpg [12:56]
KRS1 .bait [12:56]
ozbot http://25.media.tumblr.com/e6b28e7ac2f2c89e85c587a2f4acf58a/tumblr_mquj6iEP8R1rlftbao1_1280.jpg [12:56]
KRS1 ah my dream girl [12:56]
mircea_popescu http://24.media.tumblr.com/bf22cd5ceefcf8e754e24466e8cc129f/tumblr_muzwn0wo3D1ru15g3o1_500.jpg [12:56]
KRS1 THAT folks is perfection. [12:56]
KRS1 thats what i want for a wife..i thought thats the polish type of looks in a female..german maybe [12:57]
KRS1 bring her to meh [12:57]
assbot [HAVELOCK] [HMF] 4 @ 0.02649999 = 0.106 BTC [+] [12:59]
KRS1 .bait [13:00]
ozbot http://25.media.tumblr.com/233dce634ddb36f51c8bd486a0f9f486/tumblr_mr86bu8RXr1suaakko1_500.jpg [13:00]
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assbot [MPEX] [S.MPOE] 19115 @ 0.00084898 = 16.2283 BTC [+] [13:03]
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assbot [MPEX] [S.MPOE] 6635 @ 0.00084898 = 5.633 BTC [+] [13:07]
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KRS1 .bait [13:09]
ozbot http://31.media.tumblr.com/dd23ba0c6ee23a1ceb6a5656ffbf6190/tumblr_mp9oxbde501r21xm5o1_500.jpg [13:09]
KRS1 aw yeah [13:10]
ArsKisS err [13:10]
ArsKisS is it a must to spam the bot [13:10]
mircea_popescu no, he's just lonely [13:14]
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KRS1 yea..been up all night. [13:24]
KRS1 didnt think it was a problem since nobody was here [13:24]
assbot [MPEX] [S.MPOE] 33892 @ 0.00085245 = 28.8912 BTC [+] {2} [13:27]
assbot [MPEX] [S.MPOE] 37954 @ 0.00084683 = 32.1406 BTC [-] {3} [13:33]
KRS1 the bots spam me [13:34]
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assbot [MPEX] [S.MPOE] 18850 @ 0.00084319 = 15.8941 BTC [-] [13:41]
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assbot [MPEX] [S.MPOE] 12800 @ 0.00084318 = 10.7927 BTC [-] {2} [13:52]
assbot [HAVELOCK] [SFI] 477 @ 0.0008201 = 0.3912 BTC [-] {2} [14:00]
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assbot [MPEX] [S.MPOE] 9572 @ 0.00084753 = 8.1126 BTC [+] {2} [14:09]
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assbot [MPEX] [S.MPOE] 25059 @ 0.00085151 = 21.338 BTC [+] {2} [14:17]
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assbot [HAVELOCK] [NEOBEE] 36 @ 0.00290319 = 0.1045 BTC [+] {3} [14:18]
assbot [HAVELOCK] [NEOBEE] 282 @ 0.00293251 = 0.827 BTC [+] {3} [14:19]
assbot [HAVELOCK] [NEOBEE] 336 @ 0.0029388 = 0.9874 BTC [+] {2} [14:20]
assbot [MPEX] [S.MPOE] 6500 @ 0.00085266 = 5.5423 BTC [+] [14:21]
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ArsKisS KRS1, silly flood is always a problem [14:24]
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assbot [MPEX] [S.MPOE] 32878 @ 0.00085186 = 28.0075 BTC [-] {2} [14:38]
assbot [MPEX] [S.MPOE] 3903 @ 0.00084969 = 3.3163 BTC [-] [14:41]
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assbot [MPEX] [S.MPOE] 18447 @ 0.00085174 = 15.712 BTC [+] [14:51]
assbot [MPEX] [S.MPOE] 11100 @ 0.0008482 = 9.415 BTC [-] [15:13]
assbot [MPEX] [S.MPOE] 17241 @ 0.00085125 = 14.6764 BTC [+] [15:20]
assbot [MPEX] [S.MPOE] 25200 @ 0.00085196 = 21.4694 BTC [+] {3} [15:22]
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assbot [HAVELOCK] [AM1] 2 @ 0.569 = 1.138 BTC [+] [15:43]
mircea_popescu fhttp://bitbet.us/bet/727/block-315k-mined-on-or-before-july-28th/ [15:49]
mircea_popescu http://bitbet.us/bet/727/block-315k-mined-on-or-before-july-28th/ even [15:49]
ozbot BitBet - Block 315k mined on or before July 28th [15:49]
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assbot [MPEX] [S.MPOE] 47900 @ 0.00084829 = 40.6331 BTC [-] {3} [16:07]
assbot [MPEX] [S.MPOE] 32100 @ 0.00084578 = 27.1495 BTC [-] {2} [16:27]
assbot [HAVELOCK] [HIF] 358 @ 0.0004 = 0.1432 BTC [-] {2} [16:33]
kakobrekla http://arstechnica.com/science/2011/04/guns-in-the-home-lots-of-risk-ambiguity/ [16:47]
ozbot Guns at home more likely to be used stupidly than in self-defense | Ars Technica [16:47]
kakobrekla hehe [16:48]
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mircea_popescu well doh. [17:05]
mircea_popescu ;;tslb [17:08]
gribble Time since last block: 45 minutes and 36 seconds [17:08]
mircea_popescu that's like the only block past... hour and a half or some shit [17:08]
assbot [HAVELOCK] [AM100] 97 @ 0.00534997 = 0.5189 BTC [-] {2} [17:15]
Apocalyptic .d [17:22]
ozbot 1789546951.05324 | Next Diff in 1080 blocks | Estimated Change: 19.0158% in 6d 0h 46m 13s [17:23]
assbot [MPEX] [S.MPOE] 21200 @ 0.00085285 = 18.0804 BTC [+] [17:29]
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nubbins` hi [17:31]
mircea_popescu http://farm8.staticflickr.com/7441/11996535306_41d4085bed_k.jpg [17:32]
nubbins` KRS1: there's been a "Virtual Currency" category on ebay.ca for a while. They wait til you've typed out your item description to tell you that you can't list things in there yet. [17:32]
nubbins` mircea_popescu: many had the opportunity to crush ebay, few put in more than a cursory effort [17:34]
mircea_popescu kinda why being big is a defense. [17:34]
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nubbins` nod, look at windows 8. everyone reviles it, then goes out and buys a new computer with it preinstalled [17:35]
mircea_popescu i never bought a computer with software preinstalled wtf. [17:35]
nubbins` shrug, most common way to buy em over here [17:40]
nubbins` big box stores etc [17:40]
mircea_popescu but it's cheaper to buy the parts. [17:40]
nubbins` beyond the average person's ability [17:40]
nubbins` its cheaper to change the oil filter in your car on your own [17:41]
nubbins` few do it [17:41]
mircea_popescu well that's arguably bad for teh environment [17:41]
mircea_popescu anyway, i can see why you wouldn't, to allow the used oil to be collected [17:41]
nubbins` you can bring the collected oil to a garage [17:41]
mircea_popescu this is true [17:41]
nubbins` anyway, countless examples. home-baked bread is maybe 15-20% the cost of store-bought [17:42]
nubbins` given a choice between convenience and thrift, people choose the former [17:42]
mircea_popescu yup. but the reason baking is a required skill is that well... store bought bread is awful [17:42]
nubbins` nod, i can't eat it anymore [17:42]
mircea_popescu i dunno how parents allow women out of the house if they can't bake [17:42]
nubbins` the old-timers here would call it "baker's fluff" [17:42]
mircea_popescu it's a recent perversion this, and quite atrociously antisocial. [17:43]
nubbins` the average set of parents handed off most of their responsibility long ago [17:43]
mircea_popescu also quite atrociously antisocial. [17:44]
mircea_popescu and then these people have the gall to discuss sociopaths. [17:44]
nubbins` nod, such are the times we live in [17:44]
mircea_popescu THEY'RE the sociopaths. [17:44]
nubbins` speaking of pathos, http://www.youtube.com/watch?v=s-S862p69B0 [17:45]
assbot [MPEX] [S.MPOE] 9406 @ 0.00085219 = 8.0157 BTC [-] [17:46]
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nubbins` on an unrelated note, i had a couple questions about stock warrants [17:49]
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nubbins` well. at least one question, which will likely lead to some follow-up questions [17:52]
Apocalyptic go ahead nubbins` [17:55]
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nubbins` don't think you have the answers i'm looking for, but sure: what's the process for redeeming one? [17:55]
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nubbins` not looking to do so at the moment, just curious [17:56]
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Apocalyptic you would in general inform the issuer of your intention to do so [17:58]
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Apocalyptic if you're asking about MPex warrants then yeah mircea will probably be in a better pos to answer that [17:59]
* nubbins` groans [17:59]
nubbins` i am indeed, and i'm looking for specifics :) [17:59]
Apocalyptic then i can't help you :) [17:59]
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assbot [MPEX] [S.MPOE] 30450 @ 0.00085326 = 25.9818 BTC [+] {2} [18:11]
mircea_popescu nubbins` mm ? [18:13]
nubbins` ah yes. not looking to redeem my stock warrant, just wondering what the process is [18:14]
mircea_popescu you state you want it redeemed, and which account it goes to, you're given an address to pay w/e it is to, you pay and have the shares pushed [18:15]
nubbins` well i don't have an account, hence my wondering [18:15]
asciilifeform i suppose i should listen here as well [18:16]
assbot [MPEX] [S.MPOE] 26261 @ 0.00085218 = 22.3791 BTC [-] {2} [18:17]
mircea_popescu nubbins` then you'll have to talk to a broker to take them for you [18:17]
nubbins` i'm admittedly not an expert in the language of fiance, but as far as i can tell, having an mpex account is not a requirement for redeeming a stock warrant [18:17]
nubbins` *finance [18:17]
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asciilifeform mircea_popescu: i recall you mentioned that the user fee will be debited from dividends, when those appear [18:18]
mircea_popescu nubbins` well you'll have to hold the shares somewhere. [18:19]
mircea_popescu asciilifeform um which user fee is that ? [18:19]
asciilifeform the 30. [18:19]
nubbins` ostensibly, sure [18:19]
assbot [MPEX] [S.MPOE] 28950 @ 0.00085427 = 24.7311 BTC [+] {2} [18:20]
nubbins` one could in theory "hold" them as a pgp-signed doc stating ownership of said shares, although i'm not sure what sort of mess that would create [18:20]
mircea_popescu nubbins` that's exactly how one's holding them now innit. [18:21]
nubbins` holding cum != holding a baby, but yes [18:21]
rattaTATpowpow nubbins, i can help facilitate at some point if you want them ob Havelock (this is TAT on the road), though CoinBr might be better [18:22]
nubbins` anyway, there isn't much written regarding redemption, here are the few snippets i could find: [18:22]
nubbins` "Special Stock Warrants (abbreviated SSW) are numbered and GPG signed instruments which create the right for a beneficiary specified by GPG fingerprint to purchase a specified number of S.MG shares directly from MiniGame for a specified price, no earlier than a specified date." [18:22]
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nubbins` nothing like a client that crashes when pasting [18:24]
nubbins` section 3.2 (b) of the IPO [18:24]
nubbins` and the stock warrant itself [18:25]
mircea_popescu the only difference between the ssw and the share is that the ssw receives no dividends until it becomes a share. [18:25]
nubbins` sure, yeah [18:25]
rattaTATpowpow it seems that storing them as warrants makes the most sense no? [18:26]
mircea_popescu but other than that, teh cum is in all respects a baby. [18:26]
nubbins` well realistically i'm going to hold the warrant for a very long time [18:26]
mircea_popescu ssws are like, cold wallets for shares i guess ha [18:26]
nubbins` but it would seem that the requirement to purchase an account on mpex or a broker is an ex post facto condition [18:26]
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mircea_popescu not more than the requirement to have some sort of container is an ex post facto condition on buying milk. [18:27]
rattaTATpowpow can you sell warrants? [18:27]
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Apocalyptic I thought all issued warrants were tied to a GPG fingerprint of a registered MPex key [18:28]
nubbins` they are indeed tied to fingerprints [18:28]
mircea_popescu Apocalyptic to a gpg fingerprint yes, but it doesn't have to be a key. [18:28]
Apocalyptic ok, I see [18:28]
nubbins` nah, you can buy milk without a container. the farmer will happily squirt it into your mouth or on the ground [18:28]
rattaTATpowpow lol [18:29]
nubbins` to perfect the analogy, consider the case where a gallon if milk is $4 and containers from the farmer cost $6 [18:29]
asciilifeform liquid nitrogen actually. this situation is abundantly true there. [18:30]
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mircea_popescu well you can squirt it on he ground if you want, sure. [18:30]
asciilifeform contents cost a few $, container, a few hundy [18:30]
asciilifeform (visit local welding shop if you don't believe) [18:30]
mircea_popescu i doubt farmers will hook your head to the machinery because of the risk of being sued afterwards :D [18:30]
asciilifeform gas shop won't pour the LN2 in your clasped hands either. [18:31]
nubbins` haha. too true. luckily there's no such recourse in btc land [18:31]
nubbins` anyway, the text of the stock warrant and the ipo could be interpreted a few ways [18:32]
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mircea_popescu all text can be interpreted an infinite number of ways [18:33]
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mircea_popescu kinda what xor is there for [18:33]
nubbins` coffee or tea, sure [18:33]
nubbins` anyway, not trying to be a pest, but there's a few points here that i think a dissection of would be interesting [18:33]
mircea_popescu so go ahead [18:34]
nubbins` ipo, section 1 [18:34]
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nubbins` [SSWs] are numbered and GPG signed instruments which create the right for a beneficiary specified by GPG fingerprint to purchase a specified number of S.MG shares directly from MiniGame" [18:35]
nubbins` SSW #3: "S.MG will not process or administed any assignments of this Warrant by or among third parties" [18:36]
nubbins` on the surface, these two statements appear to cut MPEx out of the picture altogether [18:36]
nubbins` IPO section 3.2(b) offers 3 conditions for future share issuance; the first two conditions explicitly list MPEx as the venue, whereas the third, dealing with stock warrants, makes no mention of MPEx [18:37]
assbot [MPEX] [S.MPOE] 15442 @ 0.00085438 = 13.1933 BTC [+] {2} [18:38]
mircea_popescu yes, but these being contracts made by smg they're ancillary to its ipo agreement which is also its incorporation charter. [18:39]
mircea_popescu as s.mg can not issue shares on another venue, that's what it is. [18:39]
nubbins` another venue, sure. i couldn't ask you to issue my shares on, say, uh... wait, are there even any play exchanges left? [18:39]
nubbins` but that doesn't preclude a direct issuance of shares [18:40]
mircea_popescu there's no such thing as "direct issuance of shares" [18:41]
mircea_popescu shares are what they are, not what some noobs thought they were, in the glbse days. [18:41]
nubbins` back to SSW #3: "[PGP fingerprint] shall be issued [x] new S.MG shares upon payment of [y] BTC to S.MG" [18:41]
nubbins` suppose a warrant holder pays [y] BTC to S.MG, and then announces they don't have an mpex account [18:42]
nubbins` one side of the contract has been fulfilled [18:42]
mircea_popescu they can't, cause tey have to say what their acct is before they can pay. [18:42]
nubbins` ah, sure [18:43]
assbot [MPEX] [S.MPOE] 20168 @ 0.00085107 = 17.1644 BTC [-] [18:43]
nubbins` suppose at some point down the road, S.MG happens to publish a BTC address that they control [18:44]
mircea_popescu but it did already [18:45]
nubbins` oh? [18:45]
mircea_popescu o s.mg you mean nm [18:45]
nubbins` yah [18:45]
nubbins` even something as inocuous as "feel free to donate btc to S.MG for feature improvement at 1SmgFeaturesblah1234" [18:46]
nubbins` a warrant holder sends [y] BTC to said address [18:46]
nubbins` they've fulfilled the conditions of the SSW [18:46]
mircea_popescu no, they merely sent some donation btc. [18:47]
nubbins` you say donation, they say payment. [18:48]
mircea_popescu they don't get to say. [18:49]
mircea_popescu because bitcoin payments can not be refused by the receiver, it logically follows that any published address will be treated exactly as the owner describes. [18:49]
mircea_popescu the sender gets no say. [18:49]
mircea_popescu just like the receiver gets no say on whether he receives or not. [18:49]
mircea_popescu this separation is actually one of the best things bitcoin is doing, even if few people had so far teh mental penetration to realise it. [18:50]
nubbins` we're back to ex post facto. payment has a specific definition [18:50]
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assbot [HAVELOCK] [PETA] 9 @ 0.04999997 = 0.45 BTC [+] {2} [18:50]
nubbins` i eat a meal at a restaurant, head to the cash register, "oh sorry we don't take cash" [18:51]
nubbins` sure, yes, unfortunately the analogy fails at this point [18:51]
rattaTATpowpow thats why you dont get the shares first [18:52]
nubbins` lel [18:52]
nubbins` one of the reasons why, yes [18:52]
assbot [HAVELOCK] [AM100] 35 @ 0.00534986 = 0.1872 BTC [-] [18:52]
nubbins` "S.MG will not process or administer any assignments of this Warrant by or among third parties" [18:53]
nubbins` ^ is MPEx considered a third party [18:53]
nubbins` ? [18:53]
mircea_popescu payment does have a specific definition, sure. [18:55]
lippoper they only take bitcoins [18:56]
mircea_popescu and i suppose mpex would be a 3rd party except it seems moot ? what's the case, mpex wants to buy your warrant outside of itself ? [18:58]
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nubbins` what's mpex? all i've got is a warrant that mentions S.MG [18:59]
mircea_popescu this strikes me sort-of like the girl going to the gynecologist who says "don't let anyone stick his thing in there for two weeks", at which point she replies "are you anyone ?!" [19:00]
nubbins` heh! [19:00]
mircea_popescu well... he's not about to take her on a date, so it's moot. [19:00]
nubbins` this entire discussion is moot, but worth having nonetheless [19:01]
mircea_popescu so yeah, s.mg would at no point be processing assignments of the warrant between its holder and mpex. [19:01]
mircea_popescu quote the contrary, mpex processes assignments between the holder and s.mg [19:01]
nubbins` ah, yes, i see [19:01]
nubbins` more accurate would be "S.MG will not process or administer any assignments of this Warrant", full stop [19:02]
nubbins` that would make for a strange document indeed [19:02]
mircea_popescu and my fucking champagne froze [19:03]
mircea_popescu bloody hell... [19:03]
nubbins` we're in full spring here, 15C yesterday [19:03]
mircea_popescu nubbins` the idea is that if you decide to trade it to x, and x to y, and y to zee, [19:03]
mircea_popescu it's your damned business to sort it out, and s.mg isn't getting involved. [19:03]
nubbins` but if "S.MG will not process or administer any assignments of this Warrant"... the IPO contradicts that, when it defines an SSW [19:04]
mircea_popescu among third parties yo. [19:04]
nubbins` "...to purchase a specified number of S.MG shares directly from MiniGame" [19:04]
nubbins` directly! [19:05]
mircea_popescu so on paper 1 it says "we don't handle third party assignments" and on paper 2 it says "this is for buying directly" [19:05]
mircea_popescu seems oddly coherent to me [19:05]
mircea_popescu almost as if the same hand had written both. [19:05]
nubbins` sure, so what's the process for me buying my shares directly from S.MG? [19:06]
mircea_popescu you notify s.mg that X mpex account will be taking Y share delivery on this here warrant of yours. [19:07]
mircea_popescu s.mg tells you where to send the btc, [19:07]
mircea_popescu after which X account has the shares. [19:07]
assbot [HAVELOCK] [MS] 60 @ 0.005 = 0.3 BTC [19:08]
nubbins` so there's an implied, but not stated, 30BTC charge for redeeming an SSW [19:09]
mircea_popescu how do you figure ? [19:09]
nubbins` no account, no redemption [19:10]
nubbins` no mention in the SSW [19:10]
mircea_popescu that's not the case tho. [19:10]
mircea_popescu you can redeem just fine, you just can't redeem to your own account if you don't have one [19:10]
mircea_popescu which seems logical. [19:10]
mircea_popescu o. you're reading the "no third party assignments" to mean you can't have someone else's X ? [19:11]
mircea_popescu that's not at all what it says. [19:11]
nubbins` well, it's an ambiguous statement. [19:11]
mircea_popescu it merely says X can't come and say here, i have an assigment by nubbins, on his warrant, so please accept MY pgp as a valid signature to redeem shares. [19:11]
nubbins` i took it to mean that S.MG would only issue the shares to an account with the same fingerprint as the SSW [19:12]
mircea_popescu not at all, no. [19:12]
mircea_popescu it will issue shares to any arbitrary fingerprint, [19:12]
mircea_popescu just as long as the original fingerprint quoted in the warrant signs for it. [19:12]
nubbins` sure, okay [19:12]
mircea_popescu yeah, i see why that'd irk, that other way. [19:12]
nubbins` (this was my original intention anyway) [19:13]
nubbins` have had a few nibbles [19:13]
assbot [HAVELOCK] [KCIM] 90 @ 0.00315 = 0.2835 BTC [+] [19:13]
nubbins` it may be worth clarifying some of these points [19:13]
nubbins` in further issuances [19:13]
mircea_popescu i don't believe in long contracts. [19:13]
mircea_popescu let people ask. caselaw ftw. [19:13]
nubbins` i live in a commonwealth country, caselaw is all we have ;p [19:14]
mircea_popescu that's how the jooz did it too. [19:14]
mircea_popescu and the italians, fwiw. [19:14]
nubbins` (not much) [19:15]
nubbins` anyway, interesting instruments, SSWs, and this should be illuminating text for current and future holders of such instruments [19:16]
mircea_popescu yeah. [19:17]
nubbins` you mentioned earlier about the inability to refuse payments to a published address [19:17]
nubbins` this was the classic "cover your ass" tactic of those who bought illegal items on SR and other websites [19:18]
mircea_popescu you mean sold ? [19:18]
nubbins` nah, bought. purchaser slightly misspells their name when placing an order [19:18]
nubbins` package arrives, is brought indoors and left on a table, unopened [19:19]
nubbins` cops burst in, guns drawn [19:19]
mircea_popescu hahaha i never heard of it, but hey, whatever floats teh boat. [19:19]
nubbins` purchaser shrugs, says "how can i control who sends me packages?" [19:19]
nubbins` "they didn't even get my name right!" [19:19]
mircea_popescu did this actually ever happen ? [19:19]
mircea_popescu outside of reddit i mean [19:19]
nubbins` heh. just a thought experiment, but all the elements of plausible deniability are there [19:20]
mircea_popescu all the elements of plausible deniability as reddit imagines them. [19:20]
nubbins` consider that one could send a kilo of cocaine to a reviled politician [19:20]
mircea_popescu but you AREN'T a reviled politician. [19:20]
nubbins` no, but i know several of them [19:20]
nubbins` what's stopping me from mailing a key to one of them and then tipping off the cops? [19:21]
mircea_popescu good for you, but still, anon dork wants judge to believe someone hates him enough to blow 10k on it ? [19:21]
mircea_popescu or w/e a kilo of coke goes for these days [19:21]
nubbins` replace politician with neighbour, key of coke with handful of LSD [19:21]
mircea_popescu except the package wasn't sent by the neighbour. [19:21]
mircea_popescu someone with no prior contact sends you some lsd, you probably bought it. [19:22]
mircea_popescu you know, plausible is in there for a reason. [19:22]
nubbins` let's suppose i hate my pill-head neighbours [19:22]
mircea_popescu why do you hate them ? [19:22]
nubbins` because they smash bottles in the road all the time. [19:22]
mircea_popescu did you ever make a formal complaint ? [19:22]
nubbins` cops are there more frequently than houseguests [19:23]
mircea_popescu but that aside, you actually did ? [19:23]
nubbins` oh yeah, several times [19:23]
mircea_popescu okay, gowon [19:23]
nubbins` so i throw some pills into a box, write their address on the front, stick it in the mail [19:23]
mircea_popescu except they can track packages you know [19:24]
nubbins` call the cops again and say "i heard them talking about receiving a shipment of pills in the mail" [19:24]
mircea_popescu that pakcage came from w/e, chicago. [19:24]
nubbins` it came from the same city, even. [19:24]
mircea_popescu not from across the hall. [19:24]
nubbins` doesnt matter the origin [19:24]
mircea_popescu says who lol [19:24]
nubbins` what, people don't send mail inter-city? [19:24]
mircea_popescu they do, but people don't hate their neighbours inter-city. [19:25]
mircea_popescu in that those aren't neighbours. [19:25]
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nubbins` so i drive 20 minutes to a post office in the next community [19:25]
nubbins` small inconvenience if i want my pillhead neighbours out of my hair [19:25]
mircea_popescu do you sign for the package when you send it ? [19:25]
nubbins` no, of course not [19:26]
mircea_popescu can you send anon packages nao ? [19:26]
nubbins` it's only a few pills. a padded envelope and a stamp will do. [19:26]
nubbins` you always could [19:26]
assbot [HAVELOCK] [AM100] 22 @ 0.0051224 = 0.1127 BTC [-] [19:26]
assbot [HAVELOCK] [AM1] 1 @ 0.54601011 BTC [-] [19:26]
nubbins` you could fit 1000 hits of LSD in an envelope [19:26]
mircea_popescu so your defense hinges on the jury buying the theory someone is stalking you. [19:26]
nubbins` i don't have a defense, i'm not in the picture [19:26]
mircea_popescu if you're a dweeby teenaged male with no social circle this won't stick, [19:26]
mircea_popescu say all trial attorneys ever. [19:27]
nubbins` the pill-heads defense is that someone is framing them [19:27]
mircea_popescu yes is what i meant. [19:27]
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nubbins` the prosecutor's argument is that a frame job is ludicrous [19:27]
assbot [HAVELOCK] [AM1] 1 @ 0.54600011 BTC [-] [19:27]
nubbins` and the pillheads go off to jail [19:27]
nubbins` or do they! [19:27]
mircea_popescu likely. [19:27]
mircea_popescu it's not much of a plausible denial, so far. [19:27]
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nubbins` so for the cost of a stamp and a couple of pills, you can send someone to trial [19:28]
mircea_popescu sure. [19:28]
nubbins` possibly to jail [19:28]
mircea_popescu and for the cost of a drink you can send someon to bed. [19:28]
mircea_popescu possibly to the maternity ward [19:28]
mircea_popescu it's just how life works. [19:28]
nubbins` heh [19:28]
nubbins` anyway, judges here are generally practical people who realize that they live in the real world [19:29]
mircea_popescu kinda what i mean. [19:29]
mircea_popescu the judge will warn you and let you off if its your first time [19:29]
nubbins` if anything, the fact that i've complained about my pill-head neighbours so many times would lend much credence to my story, should i be caught with a package full of drugs in my mailbox [19:29]
mircea_popescu likely it isn't your first time. [19:30]
nubbins` "must have been those pill heads, they hate me and they're into drugs" [19:30]
mircea_popescu yeah, except until the cops ransack your place and find 5 sets of opened similar packages cause your gf can't be bothered to take out the trash [19:31]
assbot [HAVELOCK] [CBTC] 1700 @ 0.000094 = 0.1598 BTC [-] [19:31]
assbot [MPEX] [S.MPOE] 8877 @ 0.00085446 = 7.585 BTC [+] {2} [19:31]
mircea_popescu leave aside if they actually had been stealing your trash for the past 5 months. [19:31]
assbot [MPEX] [S.MPOE] 23723 @ 0.0008558 = 20.3021 BTC [+] [19:32]
nubbins` well that's just being sloppy [19:32]
mircea_popescu like all junkies ever. [19:33]
nubbins` what's the story on casual drug use in romania, anyway? [19:33]
nubbins` something like 50-60% of canadians admit to smoking marijuana [19:34]
mircea_popescu i'd be surprised if a teenager in 10 actually ever had actual drugs of any kind. [19:34]
nubbins` although i always had the impression that eastern europeans didn't bother too much with the softer drugs [19:34]
nubbins` HEH. you should visit a high school here. [19:34]
nubbins` it's practically canadian culture at this point [19:35]
mircea_popescu sucks. [19:35]
nubbins` pros and cons. the uninspired continue to be uninspired [19:35]
mircea_popescu mno. normally the population is more or less balanced, ever the marginally worthless can pull their own weight. get a job, pay the rent. [19:36]
mircea_popescu with drugs, 90% of the population ends up costing more than it's worth, and half of what by such a wide margin even salami is a poor use. [19:36]
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nubbins` marginally worthless pulling their own weight -- is this before welfare became a thing? [19:37]
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mircea_popescu welfare is not yet a thing in romania. [19:37]
nubbins` o wow [19:37]
nubbins` so you can't get paid to sit on your ass your entire life? [19:37]
mircea_popescu minimum wage is like 150 bucks [19:37]
mircea_popescu a month. [19:37]
mircea_popescu and for that you do 8 hours 5 days a week. [19:38]
pankkake minimum wage isn't really welfare. well, it encourages other kinds of welfares [19:38]
nubbins` to calibrate, what's a loaf of bread cost? [19:38]
mircea_popescu about a dollar. [19:38]
nubbins` (store-bought, natch) [19:38]
nubbins` ah, so let's see [19:38]
mircea_popescu rents are about 3-500 for anything you'd live in. [19:39]
nubbins` going by a loaf of bread, that 150 bucks would be about $525/mo here [19:39]
mircea_popescu well... what's a gallon of milk there ? it's about 7 bucks here by now. [19:39]
mircea_popescu gas is ~2 dollars a liter so like 8 a gallon [19:40]
nubbins` ~$4.50 for two liters, although being on an island with few cows, it's understandably more costly than mainland canada [19:40]
mircea_popescu in short : breat is a poor comparison point (partly because most women being able to bake bread keeps bakeries honest) [19:40]
nubbins` hop on a ferry and it's maybe $5/gallon for milk [19:40]
nubbins` gas is $1.30-$1.50 a liter [19:40]
mircea_popescu so life is actually cheaper in canada. [19:41]
pankkake bread is poison anaway [19:41]
mircea_popescu noitsnot. [19:41]
nubbins` rents for a 1br apartment start around 7-800 [19:41]
mircea_popescu yeah, rents in america are a racket. [19:42]
mircea_popescu i'll give you that. [19:42]
nubbins` nod [19:42]
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nubbins` 5 years ago you could rent the same place for 450-500 [19:42]
mircea_popescu anyway, i don't think it's significantly different, tbh. [19:42]
nubbins` nah [19:42]
nubbins` cost of living is generally calibrated towards min wage, more or less [19:42]
nubbins` with some hardship, sure, but what do you expect [19:43]
mircea_popescu well i tell you, in general a student chick is either living in a four to the room dorm or else five-six chicks in an apartment, here. giving her her own place is a larger step up than her education would afford. [19:43]
nubbins` how about electricity, $/kWh? [19:43]
nubbins` to be fair, that's maybe the most vulnerable to regional variation [19:44]
nubbins` yeah, you don't find many single young people living on their own here [19:44]
nubbins` either still with folks or in a house with 3-6 others [19:44]
mircea_popescu it varies a lot but about 10 cents [19:45]
mircea_popescu then again romania has excellent infrastructure, lot of hidro, lot of nuclear. [19:45]
nubbins` 11 cents here, all coal-fired [19:45]
nubbins` well, mostly coal-fired [19:45]
nubbins` some hydro [19:45]
mircea_popescu they do this thing where they give it @2 cents/kwh to old geezers etc. so some very passible welfare sort of hting [19:46]
nubbins` massive hydro project coming online in "2017", will increase rates dramatically for us while providing cheaper electricity to other provinces and american markets [19:46]
mircea_popescu lol [19:46]
nubbins` yeah, real boondoggle [19:46]
nubbins` largest coal plant on the island is ~10 years beyond expiry date [19:47]
nubbins` the rolling outages started this winter and are expected to continue for the next four winters [19:47]
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nubbins` hydro megaproject is actually located in mainland canada, connected to the island by undersea cables and then above-ground cables passing through a mountain range [19:48]
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nubbins` repair time for a downed line? 1 month [19:48]
nubbins` needless to say, you can't buy a generator or a bottle of kerosene here at the moment [19:48]
nubbins` propane shortages since early december [19:48]
mircea_popescu i don't get this bs. how can a market economy experience shortages, at all. [19:49]
nubbins` companies blame weather conditions, citizens blame complacency and lack of planning/foresight [19:49]
mircea_popescu planning is not part of market erconomy. [19:50]
the20year2 Who's economy? [19:50]
mircea_popescu everyone's moved on to a planned/command economy and refuse to admit it. [19:50]
nubbins` tell the citizens that [19:50]
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nubbins` in fact, the lack of planning was on the part of the citizens [19:50]
nubbins` but few will admit their complete failure to plan for the unexpected [19:50]
the20year2 Futures contracts are a part of a market economy [19:51]
the20year2 which should smooth winter costs for fuel [19:51]
nubbins` much easier to complain about shortages than to address the fact that they caused said shortages by rushing to stock up on fuel when the outages begin [19:51]
nubbins` the20year: costs remain constant, availability doesn't :) [19:51]
the20year2 Depends on how contracts were written, they can be written to deal with availability. A market economy could also see the need for fuel/goods and transport them [19:52]
nubbins` generally "scalping" doesn't happen here, so there's that, at least [19:52]
nubbins` well, the need for fuel wasn't visible for many until substations started exploding [19:53]
the20year2 Sort of like when hurricane sandy hit NY/NJ this year, instead of letting gas go up 50c a gallon they just let the stations run out. Fuel companies could have brought in fuel for an extra 25c-50c a gallon, but the states ruled it illegal [19:53]
nubbins` yeah [19:53]
nubbins` TBF the weather did play a small role in the availability. all supplies are brought here by boat [19:53]
nubbins` we received i think 140cm of snow in december, without any melt [19:54]
nubbins` average is ~60 [19:54]
the20year2 you'd think with average snowfall that high you'd have people prepare [19:54]
the20year2 but who wants to do that? it takes effort [19:54]
nubbins` YOU'D THINK [19:54]
nubbins` compounded by the fact that there are a lot of "McMansions" being built by those who made their fortunes in the oil and gas industry [19:55]
nubbins` and 90% of new builds use electric for the primary heat source [19:55]
the20year2 I told everyone I knwo for the past 2-3 years they need to be buying backup propane hosue heaters and fuel, hardly anyone did it. And now we've had this freeze that's really caused problems [19:55]
nubbins` and the same 35-40yo coal generating plant pumping out the kWs [19:55]
the20year2 Yeah [19:55]
nubbins` a generation ago, nobody gave a fuck when the lights went out [19:55]
the20year2 here in the US the coal plant would be producing less and less due to more regulations [19:55]
nubbins` throw another log in the wood stove [19:56]
nubbins` today, you have communities setting up "warming centres" when the lights go out [19:56]
nubbins` oh, i was mistaken, that plant burns oil [19:57]
nubbins` #6 fuel oil [19:57]
nubbins` that's what, one step away from crude? [19:57]
nubbins` anyway, capacity was last upgraded in 1989 [19:57]
assbot [MPEX] [S.MPOE] 32950 @ 0.00085425 = 28.1475 BTC [-] [19:59]
nubbins` relevant quote from "survivorman" les stroud: [20:01]
nubbins` "You won't see me crying when the power goes out. It's your own responsibility to keep warm, that's yourself and the vulnerable, so just deal with it. It's not the government's fault." [20:01]
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assbot [HAVELOCK] [CFIG] 2 @ 0.0828 = 0.1656 BTC [+] {2} [20:12]
* Evolyn__ is now known as Evolyn [20:20]
mircea_popescu and 90% of new builds use electric for the primary heat source << in canada ?! [20:21]
mircea_popescu in a coal fired county ?! by people who made their fortune in energy ?! [20:22]
mircea_popescu end of the fucking world. [20:22]
assbot [HAVELOCK] [AM1] 2 @ 0.546 = 1.092 BTC [-] [20:22]
assbot [MPEX] [S.MPOE] 6649 @ 0.00085425 = 5.6799 BTC [-] [20:26]
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assbot [HAVELOCK] [AM1] 2 @ 0.5455 = 1.091 BTC [-] {2} [20:35]
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nubbins` well, a generation ago, 90% of new builds had oil furnaces [20:41]
nubbins` today, an oil furnace will bleed your wallet dry over the course of a winter [20:41]
nubbins` when selling a house, oil heat is a huge negative these days [20:42]
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mircea_popescu i don't get this. how is electricity cheaper ? [20:45]
nubbins` oil furnaces in homes burn #1 or #2 fuel oil [20:45]
nubbins` power plant burns #6 [20:45]
nubbins` lower grade + bulk purchasing [20:46]
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mircea_popescu nothing but rackets that place. [20:48]
nubbins` what's one to do, tho [20:52]
Duffer1 we could vote! [20:53]
Duffer1 lol :( [20:53]
assbot [HAVELOCK] [DEALCO] 59 @ 0.00270918 = 0.1598 BTC [-] {3} [20:53]
assbot [MPEX] [S.MPOE] 12431 @ 0.00085443 = 10.6214 BTC [+] [20:55]
nubbins` Duffer1: perhaps the biggest lel of modern history [21:00]
Duffer1 indeed [21:00]
assbot [HAVELOCK] [NEOBEE] 67 @ 0.00294 = 0.197 BTC [+] [21:01]
nubbins` democracy came about as a way for power-hungry low-borns to claw their way to the top [21:01]
nubbins` turns out the power-hungry aren't necessarily the best people to be placed in positions of power [21:01]
pankkake isn't it the modern panem et circenses? [21:02]
nubbins` one form of it, yes [21:02]
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nubbins` http://en.wikipedia.org/wiki/Idiot#Etymology [21:04]
ozbot Idiot - Wikipedia, the free encyclopedia [21:04]
nubbins` at one time, an idiot was one who was unconcerned with public affairs [21:04]
nubbins` to a point, this original definition still fits [21:05]
pankkake I'd like to be an idiot then [21:06]
nubbins` it's not that hard to pull off. [21:06]
nubbins` side note, "nub" is a synonym of "pith" [21:09]
assbot [MPEX] [S.MPOE] 7800 @ 0.00085221 = 6.6472 BTC [-] {2} [21:20]
nubbins` t-shirts with public keys printed on them, think there's a market? [21:21]
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nubbins` probably the nerdiest t-shirt i can think of [21:24]
nubbins` but surprisingly economical if you order even just two [21:24]
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benkay hey asses [21:26]
assbot [MPEX] [S.MPOE] 54166 @ 0.00085008 = 46.0454 BTC [-] {3} [21:29]
nubbins` OH HI [21:30]
nubbins` what's new [21:36]
benkay q4->q1 drought looks to end soon [21:36]
* benkay hustles harder [21:36]
nubbins` nice [21:37]
nubbins` i was just floating the idea of bespoke t-shirts with one's public pgp key printed on the front [21:37]
benkay i want my pubkey embossed on my business card now that i think about it [21:38]
benkay subtle neckbeardery [21:38]
benkay or on a dog tag [21:39]
assbot [HAVELOCK] [AM100] 39 @ 0.00512033 = 0.1997 BTC [-] {5} [21:43]
assbot [MPEX] [S.MPOE] 17000 @ 0.00084927 = 14.4376 BTC [-] [21:43]
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nubbins` heh [21:52]
nubbins` black ink on a black shirt, even [21:52]
nubbins` need to catch the light to see the pubkey [21:52]
nubbins` imagine the nightmare of transcribing that [21:52]
assbot [HAVELOCK] [AM1] 2 @ 0.548 = 1.096 BTC [+] [21:52]
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assbot [HAVELOCK] [HMF] 10 @ 0.0264999 = 0.265 BTC [-] [22:06]
assbot [MPEX] [S.MPOE] 26881 @ 0.00085299 = 22.9292 BTC [+] {3} [22:07]
kakobrekla benkay: doge coin for doge [22:10]
assbot [HAVELOCK] [AM100] 49 @ 0.00534107 = 0.2617 BTC [+] {2} [22:12]
assbot [MPEX] [S.MPOE] 21166 @ 0.00085005 = 17.9922 BTC [-] [22:16]
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assbot [MPEX] [S.MPOE] 53900 @ 0.00084808 = 45.7115 BTC [-] {3} [22:35]
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assbot [MPEX] [S.MPOE] 11611 @ 0.00084686 = 9.8329 BTC [-] [22:44]
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deadweasel where's my "Got land? Thank Whitey!" tshirt, nubbins` ? [23:15]
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assbot [MPEX] [S.MPOE] 12900 @ 0.00084571 = 10.9097 BTC [-] [23:32]
nubbins` deadweasel: 0.06 btc and it's yours [23:39]
nubbins` that's with both lines on the front tho, extra cost if you want it split back & front ;( [23:39]
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