Forum logs for 19 Oct 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
* Now talking on #bitcoin-assets [02:39]
* Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://polimedia.us/mpex || https://coinbr.com || https://cryptostocks.com || https://icbit.se || https://therocktrading.com || https://assets-otc.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || Net Chart: http://bit.ly/RPclBi || a biased message: http://smpake.com || http://bit4x.com [02:39]
* Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Tue Oct 16 15:58:37 2012 [02:39]
kakobrekla not any more [02:41]
mircea_popescu what's up folks! [02:43]
thestringpuller you are back [02:43]
thestringpuller missed you the past few days [02:43]
thestringpuller jurov and i want to make pretty graphs for MPOE [02:43]
thestringpuller can we :) [02:43]
mircea_popescu haah sure. [02:47]
mircea_popescu i didn't even know i was gone! [02:48]
thestringpuller ive been reading your blog and taking metrics for my business project [02:48]
thestringpuller you have good insight into things [02:49]
mircea_popescu o hey ty. [02:49]
copumpkin lol, did Clipse run off too? [02:50]
assbot [MPEX] [S.MPOE] 3100 @ 0.00045824 = 1.4205 BTC [-] [02:50]
mircea_popescu whoa ?! [02:50]
mircea_popescu when did 45 happen ? [02:51]
thestringpuller today [02:51]
thestringpuller jurov service has something to do with it [02:51]
thestringpuller i made a call today and its slowly been going up [02:52]
assbot [MPEX] [S.MPOE] 105 @ 0.0004601 = 0.0483 BTC [+] [02:52]
assbot [MPEX] [S.MPOE] 48300 @ 0.00045738 = 22.0915 BTC [-] [02:52]
mircea_popescu let's simmer down for a moment. [02:52]
assbot [MPEX] [S.MPOE] 40163 @ 0.0004557 = 18.3023 BTC [-] [02:52]
assbot [MPEX] [S.MPOE] 15400 @ 0.00045383 = 6.989 BTC [-] [02:52]
assbot [MPEX] [S.MPOE] 31700 @ 0.00045326 = 14.3683 BTC [-] [02:52]
assbot [MPEX] [S.MPOE] 32171 @ 0.00044274 = 14.2434 BTC [-] [02:52]
thestringpuller lol [02:52]
thestringpuller its a new high. reason to celebrate non? [02:52]
mircea_popescu dude, srsly, it's very nice to wake up, log in, and see you're worth 30k btc more now [02:53]
thestringpuller reserve stock? [02:54]
thestringpuller or is that the market valuation of mpoe? [02:54]
mircea_popescu .g trilema mpoe resultate septembrie [02:55]
markac mircea_popescu: http://polimedia.us/trilema/2012/mpoe-rezultate-septembrie-2012/ [02:55]
mircea_popescu im like 90% shareholder still. [02:55]
thestringpuller wow you have a lot of stock reserved jaha [02:55]
thestringpuller good for you mang [02:55]
mircea_popescu it's been making money all around, you should ask smickles about mpoe.etf history. [02:56]
thestringpuller mpoe is worth almost 1m usd now? [02:56]
thestringpuller 0.6M [02:56]
mircea_popescu originally my stock was offered in a ballot system (anyone could send money, fixed block would be allocated proportionally at the end of an interval) [02:56]
mircea_popescu he ran this glbse thing collecting investment and subscribing it in that programme [02:56]
mircea_popescu ended up with ~1.2 btc of stock for each .1 invested originally. [02:57]
mircea_popescu and no, mpoe is worth like 6mn now. [02:57]
thestringpuller wow [02:57]
thestringpuller congrats dude fo realz [02:57]
thestringpuller a lot haters out there [02:57]
mircea_popescu course it doesn't actually have the mkt depth to liquidate for 6mn, and anyway the contract prevents me from selling more than half. [02:57]
thestringpuller behind every successful person lies a pack of haters [02:58]
mircea_popescu so it's not really realisable as it is. but still nice. [02:58]
mircea_popescu what haters tho ? everyone's been very supportive since day one. [02:58]
thestringpuller like the people who trash you on the forums like children [02:58]
mircea_popescu eh the forum [02:58]
mircea_popescu half o' those dunno what day it is. [02:59]
thestringpuller qq real quick off topic sorta: why is s.dice illiquid atm? [02:59]
thestringpuller is it because of the last dividend payment? [03:00]
mircea_popescu i dunno [03:00]
mircea_popescu !ticker s.dice [03:00]
assbot [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00298094 / 0.0034 (1988753 shares, 5,928.36 BTC) [03:00]
mircea_popescu kinda weak huh. [03:00]
thestringpuller yea [03:00]
thestringpuller i was gonna try to market make [03:00]
thestringpuller but whats the point... [03:00]
mircea_popescu somebody had a nice analysis thread in forum, do you have a link ? [03:00]
mircea_popescu maybe the thing lost money on bets ? [03:00]
thestringpuller yea [03:00]
mircea_popescu o it did ?! [03:00]
thestringpuller no i meant o saw the link [03:01]
thestringpuller i* [03:01]
mircea_popescu a [03:01]
thestringpuller sorru thumb typing on phone [03:01]
thestringpuller typoes everywhere [03:01]
mircea_popescu anyway you need significant capital to mm that. it's a 400k-ish float object [03:01]
thestringpuller yea [03:01]
thestringpuller someone posted some numbers stating the roi on the sdice dividends is over a year [03:02]
thestringpuller maybe 2 [03:02]
mircea_popescu what did it come to ? something like 5% ish ? [03:02]
thestringpuller lemme see [03:03]
thestringpuller its linkes to the ipo [03:03]
thestringpuller linked* [03:03]
mircea_popescu http://i.imgur.com/2Gyqt.png [03:04]
mircea_popescu ya seems to have retraced a little [03:04]
thestringpuller foubd it [03:04]
mircea_popescu i think many people buy/sell based on the immediate dividends expectation [03:04]
Diablo-D3 yeah [03:05]
Diablo-D3 thats what pissed all the DMC shareholders off [03:05]
thestringpuller 3200 btc investment in sdice is 27 btc a month in div [03:06]
mircea_popescu and since past few days it lost ~2k... i guess dividend doesn't look like much [03:06]
Diablo-D3 they suddenly discovered DMC wasnt a scam and tried to get nefario to shut it down [03:06]
mircea_popescu so they're selling, taking a 15% loss on their capital investment to avoid a 3% unrealised gain [03:06]
thestringpuller this guy out it at 118 month roi [03:06]
thestringpuller put* [03:06]
mircea_popescu thestringpuller what's "118 month roi" mean ? [03:06]
thestringpuller 118 month for full recoup on the initial investment [03:07]
Diablo-D3 I assume 118 months to break even [03:07]
mircea_popescu that's such an insane metric. [03:07]
thestringpuller what he said [03:07]
thestringpuller i know [03:07]
thestringpuller :/ [03:07]
Diablo-D3 that metric doesnt make sense [03:07]
Diablo-D3 because you still have the asset in the end [03:07]
mircea_popescu by this token, apple stock is like, "1978 month roi" [03:07]
mircea_popescu as if. [03:07]
Diablo-D3 mircea_popescu: man, apple is such bullshit [03:07]
thestringpuller apple is predictable [03:07]
mircea_popescu Diablo-D3 bigger problem : do you think btc income will be as cheap in 12 months as it is today ? [03:07]
Diablo-D3 its like what, $700 billion now? [03:07]
mircea_popescu look at the history. making a new btc used to cost <1 btc a year ago [03:08]
mircea_popescu now it's like 10 [03:08]
mircea_popescu next year it could even be 30-50 [03:08]
Diablo-D3 they have lower $300 billion in assets, their brand is not worth the rest [03:08]
Diablo-D3 mircea_popescu: dude, I sold a large chunk of btc when we crossed $1 thinking it would never cross that [03:08]
mircea_popescu Diablo-D3 i know it's bullshit. i'd short it if i could guess when [03:08]
mircea_popescu Diablo-D3 i know what you're saying. [03:08]
Diablo-D3 then a year later it went to $30 [03:08]
thestringpuller shorting is a useful tool [03:08]
mircea_popescu many of the early people were "usd parity ?! ?! ??!?!?! ridiculous!!!!!" [03:09]
thestringpuller but we know it will deflate over time [03:09]
thestringpuller if people keep usong it [03:09]
mircea_popescu thestringpuller that is what makes btc generators so valuable. [03:09]
thestringpuller miners hoard though [03:09]
mircea_popescu in 5 year's time (ie, 60 months) will you be willing to fight with the miners for a new 12 or 6 btc block ? [03:10]
mircea_popescu or will you just sit on your div-paying s.dice [03:10]
thestringpuller heh [03:10]
mircea_popescu (which meanwhile floated up to reflect the new competition in aquiring btc) [03:10]
thestringpuller thats like asking a guy would he rather go on a gold.expedition or get paid interest on a huge swiss bank account [03:11]
mircea_popescu yeah [03:11]
mircea_popescu that's the angle i see for sdice. there's this revenue stream in pure btc. there's others, but they are dwindling. [03:11]
mircea_popescu well... [03:11]
thestringpuller damn btc is so fucking cool [03:11]
mircea_popescu i hear you lol. [03:11]
Diablo-D3 mircea_popescu: I dunno though, I find it sad the normal stock market makes sense to me but bitcoin doesnt [03:11]
thestringpuller microeconomics in a anarchoCapitalist society [03:11]
mircea_popescu Diablo-D3 i wouldn't go as far as to say it makes sense to me. [03:12]
mircea_popescu i get moments of clarity. [03:12]
Diablo-D3 I dunno, I could make money on an average day if I was into that shit [03:12]
Diablo-D3 also, if I had money to be into that shit :< [03:12]
thestringpuller btc market forces are different no banks [03:12]
Diablo-D3 thestringpuller: no [03:12]
Diablo-D3 no volume [03:12]
thestringpuller there is vplume [03:12]
thestringpuller on mt gox at least [03:12]
thestringpuller not.like nyse [03:12]
thestringpuller but its more.money than most see in a lifetime [03:13]
mircea_popescu Diablo-D3 if you think in monetary mass terms then volume in btc IS HUGE. [03:13]
* UncleScrooge has quit (Remote host closed the connection) [03:13]
mircea_popescu that 5k s.dice traded this month ? sure, it's "just" 60k [03:13]
mircea_popescu however, it 's .25% OF ALL THE MONETARY MASS [03:13]
thestringpuller which is hughe [03:13]
mircea_popescu find me a stock that trades 0.001% of the usd monetary mass irl. [03:13]
thestringpuller LOL [03:13]
thestringpuller maybe apple when they merge witb google and buy the nsa [03:14]
mircea_popescu so people have this bad reference of thinking in usd value. think M3% [03:14]
mircea_popescu if anyone here plays those rts games where there's like 8 or 100 players and king of the hill ? [03:14]
thestringpuller heh [03:14]
mircea_popescu that's kinda what btc is really. we're all vieing for a 21mn btc hill. [03:14]
thestringpuller but what if you cant buy spmething eoth btc [03:15]
mircea_popescu you can't buy anything with dst eiher [03:15]
thestringpuller you have to dump.it to.fiay [03:15]
mircea_popescu .g dst [03:15]
markac mircea_popescu: http://en.wikipedia.org/wiki/Daylight_saving_time [03:15]
mircea_popescu pff [03:15]
mircea_popescu .g drepturi speciale de tragere [03:16]
thestringpuller LOL [03:16]
markac mircea_popescu: http://ro.wikipedia.org/wiki/Drepturi_speciale_de_tragere [03:16]
mircea_popescu XDR [03:16]
mircea_popescu there. [03:16]
mircea_popescu http://en.wikipedia.org/wiki/Special_drawing_rights [03:16]
thestringpuller if manufacturers start accepting btc.there will be no need to dump [03:16]
mircea_popescu thestringpuller nah. i need to fucking get my physical delivery futures already [03:17]
mircea_popescu that will be the end of it. [03:17]
thestringpuller heh [03:17]
thestringpuller i feel as tho btc wll be the free iternet currency and will have liquidity to other currencies [03:17]
thestringpuller for the pjysical world [03:18]
mircea_popescu the internet-rl distinction is irrelevant from internet's pov. [03:18]
mircea_popescu it's like making a victorian society - "modern" society distinction cca 1880. [03:18]
assbot [MPEX] [S.MPOE] 19500 @ 0.00043535 = 8.4893 BTC [-] [03:19]
mircea_popescu it makes sense from the past pov, but from the future wtf does this "modern" mean. o, not like you're used to ? heh. [03:19]
* tbcoin_ (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets [03:19]
thestringpuller i have this awesome picture of the ecommerce clusterfuck [03:20]
* tbcoin has quit (Ping timeout: 240 seconds) [03:20]
Diablo-D3 [08:13:09] Diablo-D3 if you think in monetary mass terms then volume in btc IS HUGE. [03:20]
Diablo-D3 I meant glbse [03:20]
thestringpuller so maybe btc can replaxe ecommerce [03:21]
Diablo-D3 btc volume, for what it is, is pretty big [03:21]
mircea_popescu too big, even. [03:21]
Diablo-D3 its gigantic if you consider the fact we dont have an economy [03:21]
mircea_popescu ill feel a lot better about my options once mtgox volume permanently stabilizes under 10k a day [03:21]
mircea_popescu (esp if dollar value stays equal or > to today) [03:21]
thestringpuller ecommerce cost about 7% per transaction at the end of the day [03:21]
Diablo-D3 I assume you mean week average per day [03:22]
mircea_popescu Diablo-D3 i mean less than a day per month with over 10k [03:22]
mircea_popescu thestringpuller depends, some places its even 10 [03:22]
Diablo-D3 monday and friday always have retard traffic [03:22]
Diablo-D3 HURR IMMA DAY TRADERRRRRRR [03:22]
mircea_popescu lol [03:22]
thestringpuller LOL [03:22]
thestringpuller bdt [03:22]
thestringpuller what a fkasco [03:22]
thestringpuller we need more smart businesses [03:22]
mircea_popescu its so sad mtgox missed the change to be called derpox [03:22]
Diablo-D3 mircea_popescu: jesus christ [03:23]
thestringpuller mircea_popescu: how do you feel about bitinstant? [03:23]
Diablo-D3 we'd have an influx of /b/tards and bronies [03:23]
mircea_popescu thestringpuller they're the ppl trying to get a card going, neh ? [03:23]
mircea_popescu Diablo-D3 o, and now we don't. [03:23]
Diablo-D3 I'd like to believe we dont :< [03:23]
thestringpuller yea they are [03:24]
mircea_popescu Diablo-D3 that's the problem with you :D [03:24]
* tbcoin_ is now known as tbcoin [03:24]
Diablo-D3 sometimes I venture into other parts of the forum and dont like what I see [03:24]
* vampireb (~vampireb@blood.vampire.ro) has joined #bitcoin-assets [03:24]
mircea_popescu thestringpuller hey, unless it somehow blows up in their face its a good thing i think [03:24]
Diablo-D3 well [03:24]
Diablo-D3 have you seen the bitinstant fee schedule? [03:24]
thestringpuller hmm [03:24]
Diablo-D3 its hueg [03:24]
thestringpuller yea its.fucked up [03:24]
mircea_popescu i havent looked [03:24]
Diablo-D3 so yeah, I think its legit and safe [03:24]
mircea_popescu i don't much use ccs [03:24]
Diablo-D3 mircea_popescu: ->paypal, 6% + paypal fees [03:25]
thestringpuller 4% for cash deposit [03:25]
mircea_popescu so what exactly is their value proposition ? [03:25]
Diablo-D3 they dont report you to the IRS. [03:25]
Diablo-D3 or homeland security or whoever [03:25]
mircea_popescu ahahahaha [03:25]
thestringpuller instant deposits into exhanges [03:25]
mircea_popescu riight. [03:25]
Diablo-D3 well, they may REPORT you [03:25]
mircea_popescu cause nobody asked them so far [03:25]
Diablo-D3 but thye dont know your name [03:25]
thestringpuller you can have cash -> btc in 10.minutes [03:25]
mircea_popescu thestringpuller something lik that may be worth 10% [03:26]
thestringpuller heh [03:26]
Diablo-D3 yeah [03:26]
thestringpuller ima do the oppositr [03:26]
Diablo-D3 they're pretty fast at what they do [03:26]
thestringpuller btc -> cash in 10 min [03:26]
mircea_popescu thestringpuller im sure that'd have value [03:27]
assbot [MPEX] [S.DICE] 255 @ 0.00339997 = 0.867 BTC [+] [03:27]
thestringpuller i hope so im launching closed beta this saturday [03:27]
assbot [MPEX] [S.DICE] 545 @ 0.00339998 = 1.853 BTC [+] [03:27]
thestringpuller whoop whoop [03:27]
mircea_popescu o srsly ? what currencies ? [03:27]
thestringpuller usd for now. then euros [03:28]
thestringpuller then whatever demand asks for [03:28]
thestringpuller gonna use.moneygram/western union as the insts transaction [03:29]
thestringpuller insta* [03:29]
Diablo-D3 surprised they dont try a chinese version [03:29]
mircea_popescu i think dbordello does something like this currently. [03:29]
mircea_popescu via moneypak iirc [03:29]
thestringpuller fastcash4bitcoins? [03:29]
thestringpuller oh btcpak [03:29]
Diablo-D3 I wish github would hurry up [03:29]
mircea_popescu Diablo-D3 you know i have a bunch of chinese people on mpex ? [03:29]
Diablo-D3 mircea_popescu: orly? [03:30]
mircea_popescu very intelligent crowd. [03:30]
Diablo-D3 yeah, chinese money men scare me [03:30]
mircea_popescu one dood was whining about having to keep move strings from cold to hot computer [03:30]
mircea_popescu then in the next email was o, wait, i figured it. i got a qr generator! now my phone can read it [03:30]
Diablo-D3 _hah_ [03:30]
Diablo-D3 thats an interesting way of solving the jew diamond problem [03:31]
mircea_popescu and this was like, 3 days after i explained gpg to him. understand, guy didn't even know linux existed on like, the 5th [03:31]
mircea_popescu then on the 9th was figuring qr on his own [03:31]
Diablo-D3 mircea_popescu: wtf! [03:31]
mircea_popescu i AM SERIOUS [03:31]
mircea_popescu dude, i have to explain things like ONCE, and in passing [03:31]
mircea_popescu i think they read my emails > 500 times each. [03:31]
thestringpuller lol [03:31]
Diablo-D3 this is where I say Ive been using linux for almost 15 years and have not looked back [03:31]
thestringpuller i started on dos [03:31]
mircea_popescu the difference is shocking, they've all read the faq etc. [03:31]
Diablo-D3 I started on dos too [03:32]
mircea_popescu dr dos! [03:32]
dub pff younguns [03:32]
thestringpuller brb mircea_popescu will you be around later? id love to pick your brain some more. your info is invaluable [03:32]
mircea_popescu dub twyms. [03:32]
Diablo-D3 ms dos 2.11 on a 6mhz 8086, 640kb of memory after upgrade [03:32]
mircea_popescu thestringpuller possibly, yea. but if not... im on pretty much daily. [03:32]
Diablo-D3 single floppy drive, no modem, no harddrive (which were like 20mb and the size of the computer, even came in matching case) [03:32]
thestringpuller cool [03:32]
thestringpuller later all [03:32]
dub I remember my first floppy drive [03:33]
Diablo-D3 5.25", 360kb [03:33]
dub no more programming whatever you needed again every time you turn the computer on [03:33]
mircea_popescu dub they had old 7inch ones in my computer lab at school, wall decoration [03:33]
mircea_popescu early 90s [03:33]
Diablo-D3 mircea_popescu: hah, ever see those gigantic hard drive platters? [03:34]
mircea_popescu yeah lol. [03:34]
mircea_popescu actually, i typed on a cardpuncher, aged like 5. [03:34]
Diablo-D3 recycle center around here had one, kept it as art [03:34]
mircea_popescu (i'm not making this shit up, my dad was working in a govt research center) [03:34]
Diablo-D3 it was like 15 feet tall [03:34]
dub mircea_popescu must be old [03:35]
mircea_popescu a these weren't so big. those cabinet thingees. [03:35]
Diablo-D3 yeah it was some like 70s shit [03:35]
mircea_popescu dub not rally, just romania was behind the times :D [03:35]
dub I had a computer in '83 [03:35]
mircea_popescu .g felix computer [03:35]
markac mircea_popescu: http://www.felixpc.com/ [03:35]
Diablo-D3 dub: I was born in 1983 so :< [03:35]
mircea_popescu .wik felix computer [03:35]
markac "Felix is an open source programming language which provides an ML style type system with a syntax that C++ programmers should find easy to learn." - http://en.wikipedia.org/wiki/Felix_(programming_language) [03:35]
dub that was well into the PC era though [03:35]
mircea_popescu jesus forgotten ;/ [03:35]
mircea_popescu http://ro.wikipedia.org/wiki/Felix_PC << romanian made pc clone. [03:35]
mircea_popescu 1985. [03:36]
dub I used to buy games in a book [03:36]
Diablo-D3 hah, I still have one of those books [03:37]
dub you typed out the code, played game once [03:37]
dub never bother again [03:37]
mircea_popescu dub early 90s romanian tv station used to have a computer show [03:37]
mircea_popescu they literally broadcast the code. you could load it into a z80 with a cable [03:37]
Diablo-D3 mircea_popescu: lol cassete drive audio [03:37]
mircea_popescu beee-beeeep trdhgkjdfhkjghehekrjghe [03:37]
Diablo-D3 *cassette [03:38]
mircea_popescu yup [03:38]
dub thats actually quite cool [03:38]
mircea_popescu half the time it was like... cracked programs too [03:38]
mircea_popescu i got saboteur that way [03:38]
mircea_popescu .g saboteur z80 [03:38]
markac mircea_popescu: http://www.juegaenlaweb.es/spectrum/ [03:38]
Diablo-D3 woah [03:38]
Diablo-D3 newsweek is ending publication [03:38]
Diablo-D3 fuck yeah [03:38]
kakobrekla mircea_popescu had the same thing here, only via FM radio [03:39]
dub early copy protection wanst exactly hard to beat [03:39]
mircea_popescu dub unlike current ? :D [03:39]
mircea_popescu kakobrekla haha cool [03:39]
mircea_popescu now i wanna hear that header sound once more ;/ [03:39]
mircea_popescu wonder if youtube has it [03:40]
Diablo-D3 man [03:40]
Diablo-D3 you know what I miss? [03:40]
Diablo-D3 having to look in the manual for a phrase [03:40]
Diablo-D3 to continue the game [03:40]
Diablo-D3 and fuck, I miss _manuals_ [03:40]
Diablo-D3 some games came with thick fucking tomes [03:41]
mircea_popescu Diablo-D3 manuals sucked. [03:41]
Diablo-D3 loaded with art and other shit [03:41]
dub then there was teh decoder rings [03:41]
kakobrekla hehe i got the best manual ever with my new router lemme take a pic [03:41]
dub lots of engrish? [03:41]
Diablo-D3 Ive gotten electronics with no manual [03:42]
Diablo-D3 I mean, not like pdf on cd or go online or something [03:42]
Diablo-D3 there was _nothing_ [03:42]
Diablo-D3 which is great, it didnt need one either [03:42]
mircea_popescu http://www.youtube.com/watch?v=cUsNesaB0Ms hahah [03:42]
mircea_popescu http://www.youtube.com/watch?v=3WWKNWgNwLA << ok, this. this WAS THE FUCKING SOUND OF HAPPINESS [03:44]
Diablo-D3 oh hai, Ive heard this before [03:45]
mircea_popescu :D [03:45]
mircea_popescu http://www.youtube.com/watch?v=GQOB7wFxSmY this was saboteur [03:45]
kakobrekla a there it is, very thick http://shrani.si/f/3r/x5/4aNMls9T/imag0228.jpg [03:45]
kakobrekla 'enterprise' grade stuff. [03:45]
mircea_popescu lol. easy! [03:46]
kakobrekla yeah [03:47]
dub a lot of people actually like microtik too [03:47]
kakobrekla wasnt expecting that [03:47]
Diablo-D3 https://www.youtube.com/watch?v=LLH3I9QuSCM [03:47]
kakobrekla yeah its great stuff [03:47]
dub I know of at least one ISP that uses them, and not for CE shit [03:47]
kakobrekla very pleased [03:47]
Diablo-D3 you know, I'd like to watch a version of dune like this [03:48]
mircea_popescu Diablo-D3 why covered tits? [03:51]
dub oh wow another dune? [03:51]
dub is it animated? [03:52]
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assbot [MPEX] [S.MPOE] 800 @ 0.00043564 = 0.3485 BTC [+] [03:52]
Diablo-D3 dub: its not real [03:55]
Diablo-D3 I wish it was [03:55]
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dub I drag out and watch the '84 and '00 movies every couple of years, never gets old [03:58]
dub actually reminds me, I think there might be some 'prequil' books I havent read yet [04:00]
kakobrekla any title for the movie' [04:01]
dub uh, dune [04:05]
dub http://www.imdb.com/title/tt0087182/ and http://www.imdb.com/title/tt0142032/ [04:06]
vampireb dune games were awesome [04:13]
mircea_popescu dune 1 sucked ass [04:15]
vampireb meh i liked it, dune 2 was much better [04:15]
mircea_popescu dune 2 kicked ass. invented a new genre for sure [04:15]
assbot [MPEX] [S.MPOE] 30100 @ 0.00043754 = 13.17 BTC [+] [04:18]
assbot [MPEX] [S.MPOE] 15900 @ 0.00043564 = 6.9267 BTC [-] [04:18]
dub was too bought into RA1 for that shit [04:20]
dub 48 hour ps1 linkup games [04:20]
dub probably somethign to do with not having a pc [04:21]
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thestringpuller the channel is alive again [04:31]
dub oh yeah, I played dune2 [04:31]
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Diablo-D3 https://venturebeat.files.wordpress.com/2012/10/fake-grimlock-server-on-fire.jpg?w=558&h=9999&crop=0 [04:40]
assbot [MPEX] [S.MPOE] 3700 @ 0.0004349 = 1.6091 BTC [-] [04:44]
thestringpuller mircea_popescu: you still around? [04:52]
mircea_popescu ya [04:53]
thestringpuller sweet [04:55]
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assbot [MPEX] [S.MPOE] 14844 @ 0.0004349 = 6.4557 BTC [-] [05:09]
assbot [MPEX] [S.MPOE] 28800 @ 0.00043455 = 12.515 BTC [-] [05:09]
assbot [MPEX] [S.MPOE] 10256 @ 0.00043225 = 4.4332 BTC [-] [05:10]
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mircea_popescu thestringpuller did you have something in mind ? [05:10]
thestringpuller i was driving [05:11]
thestringpuller worked late [05:11]
thestringpuller lemme grab a keyboard amd a chair and we will talk [05:11]
thestringpuller AHhhhhhhh... much better. [05:12]
thestringpuller Nothing like a good 'ol qwerty keyboard. [05:12]
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dub Satoshi reaches next level in 0 days, 22:22:00. [05:17]
* dub invites ddos [05:17]
thestringpuller mircea_popescu, i want to do the withdrawal version of BitInstant, allow for people to send a service BTC's (like fastcash4bitcoins.com) and sends out moneygrams within 10 minutes. The only thing is padding the fees [05:18]
thestringpuller I read some literature on "free as a value proposition" and in order to pad an expense of a service that is free, you have to have something else to make up for it [05:19]
thestringpuller I can't seem to figure out a way to do that with money gram fees (dey such a monopoly) [05:19]
mircea_popescu hm [05:29]
mircea_popescu i would think your greater problem would be handling money flows. [05:30]
thestringpuller that's handled [05:30]
* thestringpuller works for a credit card processor, using their ip lol [05:30]
mircea_popescu lol. i meant legally. [05:32]
mircea_popescu you'll be getting tons of money in and out. [05:32]
thestringpuller you talking AML? [05:33]
mircea_popescu that money service business stuff [05:33]
vampireb open a company, apply for MBS license [05:33]
assbot [MPEX] [S.MPOE] 29354 @ 0.00043291 = 12.7076 BTC [+] [05:35]
thestringpuller can't I just write one of https://fastcash4bitcoins.com/Terms.aspx these [05:36]
mircea_popescu you really shouldn't be going into something like this w/o a lawyer partner. [05:37]
mircea_popescu too many things to fugde up. [05:37]
vampireb or go offshore [05:37]
thestringpuller my investor has lawyers on retainer [05:37]
thestringpuller so all the nitty legal stuff is covered [05:37]
thestringpuller kinda lucked out [05:38]
mircea_popescu well then you should ask them lol [05:38]
thestringpuller lol (writes it down) [05:38]
mircea_popescu run your plan by them, see what they say [05:38]
thestringpuller okay so what about padding the fees? [05:38]
thestringpuller lol [05:38]
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thestringpuller I don't think lawyers will have advice on that [05:38]
mircea_popescu (well, basically, i will be taking lots of money in (from mtgox ?) and doling it out to many people who paid me btc. what do i do to make it legal ?) [05:38]
mircea_popescu a, the fees. [05:39]
mircea_popescu hm. [05:39]
thestringpuller for M between 5-50 bucks it 5 dollar fee 55-200 it's 12 dollars 200-500ish it's ~19 [05:40]
thestringpuller for moneygram* [05:41]
thestringpuller damn expensive : [05:41]
mircea_popescu do cash in mail for < 100 ? [05:41]
thestringpuller hmm, that's 1-2 days vs 10 minutes [05:42]
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mircea_popescu yeah [05:44]
mircea_popescu a sticky issue. [05:44]
thestringpuller only if i were google [05:44]
thestringpuller they were able to make gmail free because of their ad revenue [05:44]
mircea_popescu well man... this is one of those problems that'll make the solver rich [05:45]
mircea_popescu and meanwhile litter the fields with dead companies. [05:46]
thestringpuller i'ma find away [05:46]
assbot [MPEX] [S.MPOE] 9100 @ 0.00043515 = 3.9599 BTC [+] [06:00]
assbot [MPEX] [S.MPOE] 4365 @ 0.00043721 = 1.9084 BTC [+] [06:00]
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assbot [MPEX] [S.MPOE] 46200 @ 0.00043397 = 20.0494 BTC [-] [06:26]
assbot [MPEX] [S.MPOE] 10292 @ 0.00043291 = 4.4555 BTC [-] [06:26]
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thestringpuller mircea_popescu: i've crunched numbers for like an hour [06:39]
thestringpuller the best I can do is 10% which is outrageous : [06:40]
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assbot [MPEX] [S.MPOE] 1435 @ 0.00043721 = 0.6274 BTC [+] [06:51]
assbot [MPEX] [S.MPOE] 600 @ 0.00044 = 0.264 BTC [+] [07:16]
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assbot [MPEX] [S.MPOE] 20379 @ 0.00043897 = 8.9458 BTC [-] [07:43]
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assbot [MPEX] [S.MPOE] 19921 @ 0.00043577 = 8.681 BTC [-] [08:09]
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assbot [MPEX] [S.MPOE] 7300 @ 0.00044 = 3.212 BTC [+] [08:35]
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assbot [MPEX] [S.MPOE] 17379 @ 0.00043782 = 7.6089 BTC [-] [09:00]
assbot [MPEX] [S.MPOE] 8964 @ 0.00043531 = 3.9021 BTC [-] [09:00]
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assbot [MPEX] [S.MPOE] 40236 @ 0.00043531 = 17.5151 BTC [-] [09:26]
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assbot [MPEX] [S.MPOE] 9764 @ 0.00043471 = 4.2445 BTC [-] [09:51]
assbot [MPEX] [S.MPOE] 31700 @ 0.00043734 = 13.8637 BTC [+] [09:51]
assbot [MPEX] [S.MPOE] 9036 @ 0.00044 = 3.9758 BTC [+] [09:51]
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assbot [MPEX] [S.MPOE] 15100 @ 0.00043463 = 6.5629 BTC [-] [10:16]
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assbot [MPEX] [S.MPOE] 12836 @ 0.00044 = 5.6478 BTC [+] [10:41]
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assbot [MPEX] [S.MPOE] 36900 @ 0.00043463 = 16.0378 BTC [-] [11:06]
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assbot [MPEX] [S.MPOE] 500000 @ 0.00044 = 220 BTC [+] [11:14]
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assbot [MPEX] [S.MPOE] 4600 @ 0.00043463 = 1.9993 BTC [-] [11:40]
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assbot [MPEX] [S.MPOE] 4700 @ 0.00043314 = 2.0358 BTC [-] [12:05]
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assbot [MPEX] [S.MPOE] 15100 @ 0.00043314 = 6.5404 BTC [-] [12:31]
assbot [MPEX] [S.MPOE] 1532 @ 0.00043415 = 0.6651 BTC [+] [12:31]
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assbot [MPEX] [S.MPOE] 13899 @ 0.00043496 = 6.0455 BTC [+] [12:56]
assbot [MPEX] [S.MPOE] 17601 @ 0.00044 = 7.7444 BTC [+] [12:56]
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EskimoBob "money gram" ? What is that? [13:13]
EskimoBob .estimate 290 [13:19]
assbot [MPEX] [S.MPOE] 53900 @ 0.00044 = 23.716 BTC [+] [13:21]
assbot [MPEX] [S.MPOE] 4000 @ 0.00043453 = 1.7381 BTC [-] [13:49]
assbot [MPEX] [S.MPOE] 29768 @ 0.00043417 = 12.9244 BTC [-] [13:49]
assbot [MPEX] [S.MPOE] 5632 @ 0.00043291 = 2.4381 BTC [-] [13:49]
EskimoBob is GLBSE sending out double payments? [13:57]
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assbot [MPEX] [S.MPOE] 4473 @ 0.00043789 = 1.9587 BTC [+] [14:15]
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Chaang-Noi yes EskimBob [14:39]
Chaang-Noi EskimoBob they have for some not all [14:40]
Chaang-Noi and its odd cuz they only ahve enought to pay 90% anyway [14:40]
Chaang-Noi some get 100% some get 90% some get 1805 and some get 0% [14:40]
Chaang-Noi 180% [14:40]
assbot [MPEX] [S.MPOE] 6497 @ 0.00043291 = 2.8126 BTC [-] [14:40]
assbot [MPEX] [S.MPOE] 41203 @ 0.00043229 = 17.8116 BTC [-] [14:40]
Chaang-Noi theymos and other owners will ahve to cover the losses [14:41]
Chaang-Noi what a fail boat glbse has turned into [14:41]
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assbot [MPEX] [S.MPOE] 3400 @ 0.00043499 = 1.479 BTC [+] [15:06]
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assbot [MPEX] [S.MPOE] 45400 @ 0.0004345 = 19.7263 BTC [-] [15:31]
assbot [MPEX] [S.MPOE] 3927 @ 0.00043789 = 1.7196 BTC [+] [15:31]
assbot [MPEX] [S.MPOE] 6073 @ 0.00044 = 2.6721 BTC [+] [15:31]
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assbot [MPEX] [S.MPOE] 22630 @ 0.00043506 = 9.8454 BTC [-] [15:57]
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assbot [MPEX] [S.MPOE] 13800 @ 0.00043573 = 6.0131 BTC [+] [16:23]
assbot [MPEX] [S.MPOE] 9670 @ 0.00043506 = 4.207 BTC [-] [16:23]
assbot [MPEX] [S.MPOE] 3630 @ 0.00043435 = 1.5767 BTC [-] [16:23]
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EskimoBob Chaang-Noi: it just absurd. All they had to do was keep the damn thing open but close trading except issuer<->client [16:34]
Chaang-Noi yeah... [16:34]
Chaang-Noi its a fial boat im glad im not on [16:34]
EskimoBob i guess there is always at least 2 wasy to resolve problems, right, correct and everything else [16:34]
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EskimoBob rats do not like sinking boats... theymos khmkk.... [16:35]
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assbot [MPEX] [S.MPOE] 29100 @ 0.00043549 = 12.6728 BTC [+] [16:50]
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assbot [MPEX] [S.MPOE] 14300 @ 0.00043549 = 6.2275 BTC [+] [17:16]
assbot [MPEX] [S.MPOE] 21112 @ 0.00043538 = 9.1917 BTC [-] [17:16]
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mircea_popescu what's this double payments thing ?! [17:40]
thestringpuller nefario being dumb [17:41]
assbot [MPEX] [S.MPOE] 4620 @ 0.00043538 = 2.0115 BTC [-] [17:41]
mircea_popescu OK, I stand corrected. And if you prefer lulz over doing some research how exactly MPOE is financed, then sorry, I'll rather leave any further discussion to MPOE-PR . [17:42]
mircea_popescu ^^ jurov ahaha [17:42]
thestringpuller forums is blowin up? [17:43]
mircea_popescu just a little lolz [17:43]
mircea_popescu https://bitcointalk.org/index.php?topic=118679.msg1281743#msg1281743 [17:43]
thestringpuller ive stopped checking them since I discovered usagi is incompetent [17:43]
mircea_popescu http://live.coinbr.com/?mpsic=S.MPOE [17:45]
mircea_popescu this is pretty cool [17:45]
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thestringpuller yea [17:46]
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thestringpuller he used google.charts [17:46]
thestringpuller can we have access to historical mpex data? [17:46]
mircea_popescu the twitter feed ? or what data you mean ? [17:48]
jcpham dolphin sex [17:53]
mircea_popescu that data is spermanently pealed. [17:55]
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assbot [MPEX] [S.MPOE] 22068 @ 0.00043538 = 9.608 BTC [-] [18:06]
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thestringpuller permanently pealed? [18:07]
mircea_popescu sealed lol [18:08]
mircea_popescu it's a multipun. [18:08]
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assbot [MPEX] [S.MPOE] 732 @ 0.00043519 = 0.3186 BTC [-] [18:17]
assbot [MPEX] [S.MPOE] 53764 @ 0.00043626 = 23.4551 BTC [+] [18:17]
assbot [MPEX] [S.MPOE] 37900 @ 0.00043715 = 16.568 BTC [+] [18:17]
assbot [MPEX] [S.MPOE] 7604 @ 0.00044 = 3.3458 BTC [+] [18:17]
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Lucidize spoonerism [18:36]
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assbot [MPEX] [S.MPOE] 36100 @ 0.00044 = 15.884 BTC [+] [18:42]
BTC-Mining So... who's advocating that people keep the double payment for themselve? [18:44]
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BTC-Mining Doesn't seems to be the answer to me. [18:45]
BTC-Mining Kind of taking your personal grudge against Nefario and venging yourself at the detriment of others who are waiting for their funds. [18:46]
BTC-Mining Even if yes, most have zero trust in Nefario. [18:46]
Chaaang-Noi theymos said peole should keep the double payments and not give back to nefario [18:55]
Chaaang-Noi however theymos gave a guy a scammers tag just for that months ago [18:55]
Chaaang-Noi theymos... oh man, he has turned out to be a scummy fuck [18:55]
BTC-Mining Well what do you know... anonymous people... [18:57]
BTC-Mining Is he well known other than as theymos? [18:57]
Chaaang-Noi people i dont trust, mt gox, nefario now theymos... [18:59]
Chaaang-Noi gavin i am not happy about cuz of the name of his foundation.. but other than that fine [18:59]
Chaaang-Noi cassicuss is still cool... [18:59]
Chaaang-Noi but man... [18:59]
BTC-Mining Well, it does look like it was an "official" foundation [18:59]
Chaaang-Noi no one left to trust or work with really [18:59]
Chaaang-Noi then it should not be called "the bitcoin foundation" [19:00]
Chaaang-Noi im fine he has a foundation, and i want him to have one [19:00]
Chaaang-Noi just dont call it "the bitcoin foundation" [19:00]
BTC-Mining But I mean, most open source project have an "official" foundation which is not technically... well official at all. [19:00]
Chaaang-Noi cuz all it is is the mt gox and bitinstant foundation to pay gavin... [19:00]
Chaaang-Noi i dont like the name [19:00]
Chaaang-Noi it really pisses me off [19:01]
Chaaang-Noi not eveny one agres with me [19:01]
Chaaang-Noi every [19:01]
BTC-Mining Well, as the core devs seems to be participating... they're already kind of making things themselve anyway to start with. And been doing a great job. [19:01]
BTC-Mining I'm a bit annoyed but don't mind the name too much. [19:02]
BTC-Mining The thing is, no one can enforce it and someone will eventually try to claim "Bitcoin Foundation" [19:02]
Chaaang-Noi the should hold the name so no one will use it [19:02]
Chaaang-Noi but they should not use it [19:02]
BTC-Mining If they don't use it, they can't hold the name... [19:03]
BTC-Mining They need to establish it. [19:03]
BTC-Mining Better be the core dev establishing it before some random person makes literal claims to be the official Bitcoin Foundation [19:03]
BTC-Mining Would be hard to have "Bitcoin Foundation" registered and enforced in every damn country [19:04]
BTC-Mining and the devs don't have the resource for that anyway. [19:04]
BTC-Mining It's a wrong doing more good than harm to me. Especially if they establish with the name but keep the claim not to be the official foundation. [19:05]
Chaaang-Noi i understand your point [19:05]
Chaaang-Noi i think they should have set up two differnt foundations then [19:06]
Chaaang-Noi one that more or less did nothing but hold that name [19:06]
Chaaang-Noi id support that with money [19:06]
BTC-Mining Donating to get the name enforced would be a solution. [19:07]
BTC-Mining Registration might be challenged however. [19:07]
BTC-Mining It might not be copyrightable [19:07]
assbot [MPEX] [S.MPOE] 8022 @ 0.00043658 = 3.5022 BTC [-] [19:07]
assbot [MPEX] [S.MPOE] 34078 @ 0.00043615 = 14.8631 BTC [-] [19:07]
BTC-Mining Everywhere [19:07]
BTC-Mining I see people blindly attacking every authority on thinking and claims basically saying it's all wrong because it doesn't advantage them personally when other takes initiatives for themselves or others. Somehow it should always be for them. Yes there's corruption all around the world, but the majority of people in a position of authority knows what they're doing, have perfectly good [19:11]
BTC-Mining reasons to do what they do and are not corrupted. I don't always have the same priorities as them, but I don't go around blindly attacking everyone. [19:11]
TomServo Chaaang-Noi: Just curious, why don't you trust Mt Gox? [19:13]
BTC-Mining You know, those kind of people that if you'd not claim said authority was innocent or to be agreeing with them, but simply even suggesting there's no proof of anything or bringing forth any reasoning to it, you're automatically part of them and should be publicly executed? [19:14]
Chaaang-Noi they locked down a significant amount of my money and demanded i send in all sorts of docs [19:14]
Chaaang-Noi like address passport wedding certificat [19:14]
Chaaang-Noi bills [19:14]
Chaaang-Noi like loads of crazy shit [19:14]
BTC-Mining To only slightly exagerate... yes, that kind of persons... drives me nut. [19:14]
TomServo Ahh, well yeah, I suppose that would do it. [19:14]
BTC-Mining Chaaang-Noi, I'd expect that from any regulated financial service [19:15]
Chaaang-Noi wedding certificate? [19:16]
BTC-Mining To do it at some point with enough volume [19:16]
BTC-Mining Maybe. I don't know their local laws and requirements. [19:16]
Chaaang-Noi translated and then certified? [19:16]
Chaaang-Noi they are in japan [19:16]
Chaaang-Noi they did not have to do that [19:16]
Chaaang-Noi there was a thread on it [19:16]
TomServo I would expect it going in.. if it wasn't there to begin with I would agree doing it retroactively is suspect. [19:16]
Chaaang-Noi like 3 of them [19:16]
Chaaang-Noi mark called claimed on the forum he had proof i was a "terrorest or money launder" [19:17]
BTC-Mining Well, I don't consider bitcointalk.org as a good source of legal advice. [19:17]
BTC-Mining uh? [19:17]
Chaaang-Noi no i checked with my bank and my family lawyer [19:17]
BTC-Mining Well, odd... [19:17]
Chaaang-Noi they said i could sue for him making it public there was an AML investigation [19:17]
Chaaang-Noi he broke the law [19:17]
BTC-Mining That's bad. [19:17]
Chaaang-Noi i knoew [19:18]
Chaaang-Noi i know [19:18]
Chaaang-Noi it was a huge drama about 10 months ago [19:18]
Chaaang-Noi locked my shit down and said he had proof! [19:18]
Chaaang-Noi month later said the case was closed and i got my money [19:18]
Chaaang-Noi so much for proof [19:18]
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assbot [MPEX] [S.MPOE] 266 @ 0.00043615 = 0.116 BTC [-] [19:33]
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assbot [MPEX] [S.MPOE] 29100 @ 0.00043509 = 12.6611 BTC [-] [19:59]
assbot [MPEX] [S.MPOE] 1000 @ 0.00043435 = 0.4344 BTC [-] [19:59]
midnightmagic The wedding certificate was because your wife was active in your account wasn't she? [20:00]
midnightmagic It wasn't just "hey gimme your wedding certificate" totally out of the blue? [20:00]
midnightmagic Also, did your lawyer tell you he broke the law *of Japan*? [20:01]
midnightmagic Like, specifically.. of Japan.. the place where he's operating in. [20:02]
midnightmagic And what language, specifically, did he use when he said he had "proof"? Or are you paraphrasing again? [20:03]
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assbot [MPEX] [S.MPOE] 8200 @ 0.000436 = 3.5752 BTC [+] [20:24]
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assbot [MPEX] [S.MPOE] 17034 @ 0.000436 = 7.4268 BTC [+] [20:49]
assbot [MPEX] [S.MPOE] 21037 @ 0.00043805 = 9.2153 BTC [+] [20:49]
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assbot [MPEX] [S.MPOE] 63 @ 0.00043805 = 0.0276 BTC [+] [21:15]
assbot [MPEX] [S.MPOE] 47025 @ 0.00044 = 20.691 BTC [+] [21:15]
assbot [MPEX] [S.MPOE] 37700 @ 0.00044 = 16.588 BTC [+] [21:40]
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assbot [MPEX] [S.MPOE] 2500 @ 0.00043805 = 1.0951 BTC [-] [22:07]
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