Forum logs for 22 Mar 2013

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

assbot	[HAVELOCK] [HIM] 1 @ 1.9999999 BTC [-]	[00:02]
mod6	12798 blocks remaning ... 81 days behind.	[00:02]
mod6	Yipes.	[00:02]
assbot	[HAVELOCK] [SDICE] 25 @ 0.448 = 11.2 BTC [-]	[00:04]
*	Bowjob has quit (Quit: Page closed)	[00:04]
assbot	[HAVELOCK] [VTX] 3 @ 0.3862 = 1.1586 BTC [+]	[00:06]
assbot	[HAVELOCK] [VTX] 70 @ 0.3862 = 27.034 BTC [+]	[00:07]
assbot	[MPEX] [S.MPOE] 6624 @ 0.00071498 = 4.736 BTC [+]	[00:07]
ThickAsThieves	i know this is a loaded question, but	[00:09]
assbot	[HAVELOCK] [SDICE] 6 @ 0.44899 = 2.6939 BTC [+]	[00:10]
ThickAsThieves	is there any precedent for holding an exchange culpable for a delay in transaction or deposit action that results in a loss of opporunity to buy at a lower price?	[00:10]
ThickAsThieves	ie CampBX taking 3 weeks to make my deposit	[00:10]
assbot	[HAVELOCK] [SDICE] 2 @ 0.44899989 = 0.898 BTC [+]	[00:12]
assbot	[HAVELOCK] [SDICE] 3 @ 0.4489999 = 1.347 BTC [+]	[00:12]
assbot	[HAVELOCK] [VTX] 4 @ 0.3862 = 1.5448 BTC [+]	[00:12]
*	GigicaViteazu has quit (Quit: Leaving)	[00:12]
assbot	[HAVELOCK] [SDICE] 3 @ 0.449 = 1.347 BTC [+]	[00:13]
assbot	[HAVELOCK] [SDICE] 1 @ 0.45 BTC [+]	[00:13]
assbot	[HAVELOCK] [VTX] 20 @ 0.3862 = 7.724 BTC [+]	[00:13]
error4733	;;thicker	[00:13]
gribble	Error: "thicker" is not a valid command.	[00:13]
*	Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets	[00:13]
jurov	ThickAsThieves, only precedent so far was smearing them all over btctalk and reddit, sadly	[00:13]
error4733	;;ticker	[00:13]
gribble	Error: Failure to retrieve ticker. Try again later.	[00:13]
jurov	;;goxlag	[00:14]
gribble	3.993033 seconds	[00:14]
jurov	lol, like only goxlag stays working from their whole api	[00:15]
assbot	[HAVELOCK] [VTX] 2 @ 0.386 = 0.772 BTC [-]	[00:15]
rikur	I was about to buy VTX, but I don't want to buy it with BTC when the company is anchored to CAD.	[00:15]
rikur	so if BTC goes up by 10x, I will not benefit from it to the full extent.	[00:16]
ThickAsThieves	thats a good point, among a pile of other reasons the asset is questionable	[00:17]
jurov	yea but buying it by btc/cad has little to do with it	[00:18]
assbot	[HAVELOCK] [VTX] 20 @ 0.386 = 7.72 BTC [-]	[00:18]
assbot	[BTCTC] [S.DICE-PT] 1 @ 0.00486 BTC [+]	[00:19]
assbot	[HAVELOCK] [SDICE] 22 @ 0.449 = 9.878 BTC [-]	[00:19]
assbot	[HAVELOCK] [SDICE] 2 @ 0.4489999 = 0.898 BTC [-]	[00:19]
*	moleccc has quit (Ping timeout: 258 seconds)	[00:19]
rikur	jurov: I just can't see a reason to anchor the value in CAD. Might be easier in regulatory terms, but I don't think I want to invest in anything based on fiat. :)	[00:21]
tiberiusiv	what is vtx	[00:21]
tiberiusiv	theres only 3 viable bitcoin companies at the moment	[00:21]
jurov	rikur, how it is anchored to CAD? only IPO amount or is there more long lastin anchor?	[00:22]
assbot	[MPEX] [S.MPOE] 1936 @ 0.00071498 = 1.3842 BTC [+]	[00:22]
assbot	[MPEX] [S.MPOE] 16700 @ 0.00071661 = 11.9674 BTC [+]	[00:22]
assbot	[MPEX] [S.MPOE] 364 @ 0.0007234 = 0.2633 BTC [+]	[00:22]
rikur	jurov: http://www.youtube.com/watch?v=BxkLKLIRkCI mentions that the stock will always be valued in CAD, not BTC	[00:23]
jurov	but it is already valued in BTC.. at least on havelock website	[00:23]
ThickAsThieves	its tied to CAD there too	[00:25]
ThickAsThieves	it dynamically changes	[00:25]
jurov	but that what i'm asking, how?	[00:25]
assbot	[HAVELOCK] [VTX] 23 @ 0.386 = 8.878 BTC [-]	[00:25]
ThickAsThieves	topace programmed it to adjust	[00:25]
ThickAsThieves	at least for the ipo shares	[00:25]
ThickAsThieves	dunno about after	[00:25]
jurov	so only the ipo price is cad, then? after ipo it will float freely against both cad and btc, no?	[00:26]
rikur	jurov: hmm. Maybe the video was a bit misleading.. but it's weird and flawed.	[00:26]
ThickAsThieves	even if its free floating,	[00:26]
ThickAsThieves	its true value will be in cad	[00:26]
rikur	will my stock valuation go down if BTC goes up or not?	[00:26]
rikur	maybe I should call the guy and ask	[00:27]
ThickAsThieves	people will sell it for however many btc they choose	[00:27]
ThickAsThieves	but odds are it will go down in btc value if btc price goes up	[00:27]
ThickAsThieves	they are projecting 500k+ revenue for the year,	[00:27]
ThickAsThieves	and taking $300k in this IPO	[00:27]
jurov	but that's true for any other asset that has some fiat-world operation, no?	[00:28]
assbot	[HAVELOCK] [VTX] 2 @ 0.386 = 0.772 BTC [-]	[00:28]
jurov	like ziggp, bitpride, esecurity,...	[00:28]
ThickAsThieves	yep	[00:28]
rikur	meh.. the CAD valuation still bugs me off. I will give it some more thought.	[00:29]
kakobrekla	listening to that jewtube vid is like listening to some insta infinity money scam vid	[00:29]
ThickAsThieves	what i dont understand is, why are so many people buying so much of it	[00:29]
ThickAsThieves	yeah i couldnt watch it	[00:30]
ThickAsThieves	bitcoin bitcoin bitcoin!	[00:30]
jurov	perhaps canadian pride	[00:30]
tiberiusiv	rikur is the income derived in BTC or CAD?	[00:30]
assbot	[HAVELOCK] [HIM] 1 @ 1.85560001 BTC [-]	[00:31]
*	benkay (~benkay@c-71-237-161-120.hsd1.or.comcast.net) has joined #bitcoin-assets	[00:31]
ThickAsThieves	but i do like how thy took more time than some to prepare their documents and a vid	[00:31]
tiberiusiv	it doesnt matter what the stock is valued in	[00:31]
assbot	[HAVELOCK] [VTX] 13 @ 0.3866 = 5.0258 BTC [+]	[00:31]
tiberiusiv	what matters is the income it recievers	[00:31]
tiberiusiv	recieves	[00:31]
ThickAsThieves	they buy fiat, as it were	[00:31]
benkay	what's the news, friends?	[00:31]
ThickAsThieves	right?	[00:31]
rikur	tiberiusiv: I have absolutely no diea, since they will actually register you as a real shareholder of the canadian company (if you want).	[00:31]
rikur	and even that extra if is weird.	[00:32]
rikur	I don't think that a hybrid model between BTC and fiat works.	[00:32]
tiberiusiv	that means hes paying canadian income tax	[00:32]
tiberiusiv	explains why he has to do accounting in cad dollars	[00:32]
rikur	Basically, the guy here is hoping to get 100 000 CAD worth of bitcoins, give you the CAD equilevant of his company to you and keep the bitcoins	[00:32]
assbot	[HAVELOCK] [HIM] 1 @ 1.8556 BTC [-]	[00:33]
assbot	[HAVELOCK] [HIM] 2 @ 1.855 = 3.71 BTC [-]	[00:33]
mod6	yeah thats not gonna end well	[00:33]
ThickAsThieves	well, they do claim to have purposes for the IPO	[00:33]
*	moleccc (~molecular@e176102203.adsl.alicedsl.de) has joined #bitcoin-assets	[00:33]
ThickAsThieves	but if they cant make a profit with the revenue they have so far	[00:33]
ThickAsThieves	...	[00:33]
rikur	well with their volumes and 3% exchange fee, they should be able to cover the costs without it :)	[00:33]
rikur	why would you ever do an IPO unless you have to?	[00:34]
ThickAsThieves	in bitcoin world, IPO means somehting different	[00:34]
jurov	why not? free money	[00:35]
assbot	[HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]	[00:35]
assbot	[HAVELOCK] [VTX] 19 @ 0.3866 = 7.3454 BTC [+]	[00:35]
ThickAsThieves	IPO is just angel investing	[00:35]
benkay	what does it mean in bitcoin world, thickasthieves?	[00:35]
ThickAsThieves	and wild speculation	[00:35]
jurov	benkay, free money as i said	[00:35]
mod6	nothing is free	[00:36]
ThickAsThieves	if you can stay anonymous it is	[00:36]
smickles	free money to most of glbse assets	[00:36]
smickles	even before the kerfuffle	[00:37]
assbot	[HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]	[00:37]
assbot	[HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]	[00:37]
smickles	>95% of those turned out as outright scams	[00:37]
Namworld	https://www.bitvps.com/openvz-vps	[00:37]
smickles	now we have a half dozen glbse clones	[00:37]
Namworld	New design rolled out	[00:37]
assbot	[HAVELOCK] [HIM] 1 @ 1.855 BTC [-]	[00:38]
smickles	Namworld: bad ssl cert?	[00:38]
Namworld	We need to install a new one	[00:38]
smickles	looks slick :)	[00:38]
Namworld	But others staff complained about the tiles background.	[00:39]
Namworld	You prefer with the white background like it is now or the old one?	[00:39]
ThickAsThieves	its busted for me	[00:39]
Namworld	screenshot?	[00:39]
ThickAsThieves	if i remove the httpS its fine	[00:40]
*	Smoovious has quit (Ping timeout: 256 seconds)	[00:40]
jurov	Investors show 404	[00:40]
ThickAsThieves	otherwise it loads content only	[00:40]
assbot	[HAVELOCK] [VTX] 3 @ 0.3866 = 1.1598 BTC [+]	[00:40]
Namworld	I know. I need to add that page	[00:40]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[00:40]
ThickAsThieves	is there a Managed option?	[00:40]
benkay	bitcoin-assets	[00:40]
benkay	once again testing production in public	[00:40]
assbot	[HAVELOCK] [VTX] 4 @ 0.3866 = 1.5464 BTC [+]	[00:41]
ThickAsThieves	i'm paying Rackspace like $450/mo right now, seems overpriced...	[00:41]
jurov	and the terms of use still lie that "Users with excessive CPU usage will be notified before any action is taken."	[00:41]
assbot	[HAVELOCK] [SDICE] 3 @ 0.449 = 1.347 BTC [+]	[00:42]
ThickAsThieves	oh this is the same service that fumbled your ddos day	[00:42]
ThickAsThieves	:/	[00:42]
ThickAsThieves	not that my clients would ever get ddos	[00:42]
assbot	[HAVELOCK] [VTX] 1 @ 0.3866 BTC [+]	[00:43]
smickles	i thought i got ddosed once, turns out that someone actually visited my site	[00:43]
jurov	smickles, the blog?	[00:43]
smickles	jurov: heh, yeah. ofc, i'm just kidding around	[00:43]
*	benkay has quit (Quit: benkay)	[00:44]
Namworld	A ban on DDoS is not about CPU. It's bandwidth saturating.	[00:44]
smickles	i've got the mpex gui sales setup there too	[00:44]
Namworld	Yeah, we have a managed option	[00:44]
*	Chilca has quit (Remote host closed the connection)	[00:44]
ThickAsThieves	link?	[00:44]
*	benkay (~benkay@c-71-237-161-120.hsd1.or.comcast.net) has joined #bitcoin-assets	[00:45]
ThickAsThieves	meanwhile http://www.bloodyelbow.com/2013/3/9/4083184/fallon-fox-first-out-trans-wmma-fighter	[00:45]
Namworld	moment, still making fixes for the switchover	[00:45]
jurov	lmao www.quickbitcoins.net linked from "News" testimony doesn't load	[00:45]
smickles	wait, so a biological male is fighting women for money?	[00:45]
smickles	the fembots must love this	[00:46]
jurov	so typical for bitvps	[00:46]
jurov	Namworld, can I add my testimony, too?	[00:47]
assbot	[MPEX] [S.MPOE] 13036 @ 0.0007234 = 9.4302 BTC [+]	[00:47]
ThickAsThieves	hehe	[00:47]
dub	ThickAsThieves: thats not cricket!	[00:48]
*	fishfish (~fishfish2@cpc10-mort5-2-0-cust225.19-2.cable.virginmedia.com) has joined #bitcoin-assets	[00:48]
jurov	Namworld, feel free to copy/link this from your frontpage: https://www.bitcoinforum.com/coinbr-com/3713-coinbr-site-down/msg2408/#msg2408	[00:48]
dub	getting to beat up on chicks just because you had your manbits chopped off	[00:48]
kakobrekla	big sacrifice	[00:49]
kakobrekla	i say let him play	[00:49]
ThickAsThieves	lol	[00:50]
ThickAsThieves	its actually a pretty awesome test for where the line is on feminism and gender equality	[00:50]
ThickAsThieves	are women willing to concede that men are simply more powerful to stop this?	[00:50]
assbot	[HAVELOCK] [VTX] 6 @ 0.3921 = 2.3526 BTC [+]	[00:50]
dub	they don't concded this already?	[00:51]
ThickAsThieves	maybe mentally they do	[00:51]
ThickAsThieves	but i'm sure some butchies would disagree	[00:51]
ThickAsThieves	and i'm sure it would make many women cringe to say so	[00:52]
ThickAsThieves	i dunno	[00:52]
*	LainZ (~LainZ@nan92-8-88-178-252-103.fbx.proxad.net) has joined #bitcoin-assets	[00:56]
jurov	poor namworld. i feel sorry now :(	[00:57]
assbot	[HAVELOCK] [VTX] 97 @ 0.3921 = 38.0337 BTC [+]	[00:58]
smickles	http://go.bloomberg.com/market-now/2013/03/21/sorry-bitcoin-isnt-a-currency/	[00:59]
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Namworld	Sorry, I was updating still	[01:02]
Namworld	yeah, quickbitcoins.net is no longer around	[01:03]
*	Anduck has quit (Ping timeout: 264 seconds)	[01:04]
*	Troic (~troic@cpc18-pool13-2-0-cust39.15-1.cable.virginmedia.com) has joined #bitcoin-assets	[01:05]
assbot	[HAVELOCK] [VTX] 1 @ 0.3839 BTC [-]	[01:05]
jurov	put in satoshidice comment to the bloomberg nonsense	[01:05]
ThickAsThieves	boy does that bloomberg article suck	[01:05]
ThickAsThieves	it reads like an essay that was turned in late by a 10th grader	[01:06]
ThickAsThieves	(american 10th grader, not vietnamese)	[01:06]
benkay_	that's all american print media can afford	[01:06]
*	parseval (~parseval@ool-457cead8.dyn.optonline.net) has joined #bitcoin-assets	[01:06]
benkay_	did you grok the atlantic kerfuffle recently?	[01:07]
ThickAsThieves	dont think so	[01:07]
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assbot	[BTCTC] [PAJKA.BOND] 3 @ 0.108999 = 0.327 BTC [-]	[01:09]
*	fishfish (~fishfish2@cpc10-mort5-2-0-cust225.19-2.cable.virginmedia.com) has joined #bitcoin-assets	[01:09]
*	fishfish has quit (Client Quit)	[01:10]
benkay_	some jr editor wanted to pay an author 100 bucks for a rewrite of a rather lengthy piece	[01:10]
*	fishfish (~fishfish2@cpc10-mort5-2-0-cust225.19-2.cable.virginmedia.com) has joined #bitcoin-assets	[01:10]
assbot	[BTCTC] [BTC-BOND] 13 @ 0.0099 = 0.1287 BTC [+]	[01:11]
benkay_	http://www.theatlantic.com/technology/archive/2013/03/a-day-in-the-life-of-a-digital-editor-2013/273763/	[01:11]
*	benkay_ is now known as benkay	[01:11]
*	Diablo-D3 has quit (Quit: This computer has gone to sleep)	[01:13]
benkay	the article in question: http://www.nknews.org/2013/03/slam-dunk-diplomacy/	[01:13]
assbot	[HAVELOCK] [VTX] 9 @ 0.3839 = 3.4551 BTC [-]	[01:13]
kakobrekla	;;goxlag	[01:14]
gribble	25.624905 seconds	[01:14]
kakobrekla	;;ticker	[01:14]
gribble	Error: Failure to retrieve ticker. Try again later.	[01:14]
*	fishfish has quit (Quit: Bye!)	[01:16]
assbot	[MPEX] [S.MPOE] 2964 @ 0.00072379 = 2.1453 BTC [+]	[01:17]
assbot	[MPEX] [S.MPOE] 10786 @ 0.00072101 = 7.7768 BTC [-]	[01:17]
benkay	;;ticker	[01:18]
gribble	Error: Failure to retrieve ticker. Try again later.	[01:18]
benkay	;;goxlag	[01:18]
gribble	0 seconds	[01:18]
benkay	that seems unlikely.	[01:19]
benkay	;;goxlag	[01:19]
gribble	0.356072 seconds	[01:19]
tiberiusiv	anyone think the recent price climb will end badly	[01:20]
benkay	lots of people	[01:21]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [+]	[01:21]
benkay	but "badly" is subjective.	[01:21]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [+]	[01:21]
assbot	[HAVELOCK] [VTX] 26 @ 0.3828 = 9.9528 BTC [-]	[01:22]
*	Bowjob (4b9d1e75@gateway/web/freenode/ip.75.157.30.117) has joined #bitcoin-assets	[01:23]
Bowjob	https://lh5.googleusercontent.com/-MccfK4Ruw2c/UUtLHPSPkGI/AAAAAAAAA2Y/OSWxUTiEDjA/s716/IMG_20130321_204509.jpg	[01:23]
tiberiusiv	lol	[01:24]
tiberiusiv	looks like its in the ghetto	[01:24]
Troic	cheap floor, china ?	[01:24]
Bowjob	nah, belaur	[01:24]
Bowjob	belarus	[01:24]
kakobrekla	love the gloves	[01:25]
Bowjob	i got a boner off of it. 4 avalons	[01:25]
Bowjob	damn	[01:25]
kakobrekla	on a 7k usd mining device...	[01:25]
tiberiusiv	moving on up from 3rd world to 1st with those 4 devices	[01:26]
error4733	avalon is 65 or 85Ghs ?	[01:26]
tiberiusiv	65	[01:27]
Bowjob	its 68	[01:27]
Bowjob	for 3 modules	[01:27]
Bowjob	85 for 4	[01:27]
Bowjob	there was no option to upgrade to 4 modules for batch, if they charge 22 BTC for one module, then f that	[01:27]
error4733	ok that why i had those numbers in head	[01:27]
error4733	thanks	[01:27]
tiberiusiv	even with the current price bitcoin liquidity has not substantially improved	[01:28]
tiberiusiv	still huge slippage trying to sell larger ammounts	[01:28]
error4733	ok so you tell me this guy, make 2K$ day ?	[01:29]
Bowjob	yeap	[01:29]
assbot	[HAVELOCK] [VTX] 5 @ 0.3828 = 1.914 BTC [-]	[01:29]
Bowjob	depending on btc price increase, even more	[01:29]
error4733	new floor soon	[01:29]
tiberiusiv	aapl trades 2% of market cap per day	[01:30]
tiberiusiv	bitcoin in comparison about 0.9%	[01:30]
tiberiusiv	substantial liquidity problem imo	[01:30]
error4733	true picture 100% ? can do the same box in one week	[01:31]
Bowjob	what ever happened to ianbakewell	[01:31]
Bowjob	he was 600 BTC short at 34.50	[01:31]
tiberiusiv	how was he shorting	[01:31]
tiberiusiv	someone lend him coins ?	[01:32]
smickles	hopefully mpex options	[01:32]
assbot	[HAVELOCK] [VTX] 10 @ 0.3856 = 3.856 BTC [+]	[01:32]
Bowjob	yeah	[01:32]
Bowjob	hasnt been online since march 4th	[01:32]
tiberiusiv	lol	[01:33]
tiberiusiv	must have taken a bath	[01:33]
error4733	didnt make the meme yet ?	[01:33]
Bowjob	he missed 2 payments already	[01:33]
tiberiusiv	alot of people got out between 20-30	[01:33]
Bowjob	his 3rd payment is due tomorrow	[01:33]
tiberiusiv	payment on what	[01:33]
error4733	link ?	[01:33]
Bowjob	his payment schedule	[01:33]
Bowjob	https://bitcointalk.org/index.php?topic=146689.msg1573807#msg1573807	[01:33]
assbot	[HAVELOCK] [VTX] 25 @ 0.3856 = 9.64 BTC [+]	[01:34]
Bowjob	i dont know if he's been paying or not.. but	[01:34]
Bowjob	that short must hurt like a bitch	[01:34]
tiberiusiv	I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay.	[01:34]
kakobrekla	Last Active: March 04, 2013, 04:01:41 PM	[01:34]
smickles	is this yet another guy who risked more than he had to lose?	[01:34]
tiberiusiv	man these losers borrow BTC to sell for fiat to pay credit cards and shit	[01:34]
tiberiusiv	i dont get why people are loaning BTC, to users who cannot even manage fiat debts	[01:35]
Bowjob	https://btcjam.com/listings/2063	[01:35]
Bowjob	looks like he hasn't paid yet either	[01:35]
Bowjob	Yeah, loaning is very risky	[01:35]
Bowjob	I have 3 BTC lent out currently	[01:35]
assbot	[BTCTC] [PAJKA.BOND] 7 @ 0.108999 = 0.763 BTC [-]	[01:36]
Bowjob	i pick my loaners very carefully, and just small amounts	[01:36]
smickles	ouch, sucks to be that aesop dood	[01:36]
tiberiusiv	why would you lend to people who dont have BTC based incomes?	[01:36]
tiberiusiv	right now there is maybe 0.1% of bitcoiners who have the capability to repay	[01:37]
assbot	[HAVELOCK] [VTX] 2 @ 0.3856 = 0.7712 BTC [+]	[01:37]
Bowjob	I posted a bet that ianbakewell is gonna scam	[01:37]
Bowjob	it didnt get approved	[01:37]
Bowjob	lol	[01:37]
tiberiusiv	how can someone offer 3% a week on btc without having the income to pay	[01:38]
kakobrekla	regarding ian: http://www.quickmeme.com/meme/3th3is/	[01:38]
smickles	maybe it just needed to be rephrased	[01:38]
tiberiusiv	his real interest rate is around 300% a week	[01:39]
Bowjob	;;ticker	[01:39]
gribble	Error: Failure to retrieve ticker. Try again later.	[01:39]
smickles	haha	[01:40]
smickles	;;goxlag	[01:40]
gribble	0.18079 seconds	[01:40]
tiberiusiv	amazing how people never question that	[01:40]
tiberiusiv	then wonder why the present financial system is bankrupt	[01:40]
Bowjob	;;ticker	[01:40]
gribble	Error: Failure to retrieve ticker. Try again later.	[01:40]
Bowjob	broken?	[01:40]
smickles	tiberiusiv: in many parts of the us, if you charge over x% annual (ie 10%) the debtor only has to pay back at the x% rate	[01:41]
smickles	some places they can sue you and not have to pay back at all	[01:41]
tiberiusiv	the thing is how do people expect someone to repay something extremely scarce and difficult to obtain	[01:41]
tiberiusiv	if you have to borrow you should borrow USD	[01:42]
smickles	you should always borrow known inflationary things	[01:42]
assbot	[HAVELOCK] [VTX] 50 @ 0.3856 = 19.28 BTC [+]	[01:42]
tiberiusiv	most of the bitcoin borrowers are such deadbeats that they cannot even obtain fiat credit, yetpeople are willing to loan them BTC?	[01:42]
tiberiusiv	lol	[01:42]
tiberiusiv	why wouldnt that joker just borrow off his credit card to buy the 300 BTC he needed	[01:43]
benkay	that's an excellent idea	[01:43]
benkay	brb maxing plastic	[01:43]
*	Doffx has quit (Quit: Leaving)	[01:43]
Bowjob	well theres this kid who borrowed .7 btc	[01:43]
smickles	it's cheaper than borrowing btc	[01:43]
tiberiusiv	borrowing off the CC is much better then borrowing BTC	[01:43]
Bowjob	and hes 13	[01:43]
smickles	3% weekly vs 30% annually	[01:43]
tiberiusiv	smickles: the real rate of interest on BTC this week is like 300%	[01:43]
tiberiusiv	that guys debt ballooned in USD terms	[01:44]
tiberiusiv	of course he defaulted	[01:44]
Bowjob	I weep for those 600 BTC	[01:44]
tiberiusiv	if you cannot obtain fiat credit in a 0% interest rate world you have to be an utter deadbeat	[01:44]
tiberiusiv	why arent btc creditors asking themselves that?	[01:45]
Bowjob	https://bitcointalk.org/index.php?topic=140690.0	[01:46]
Bowjob	lol	[01:46]
smickles	;;calc 1.03 ** 52	[01:46]
gribble	4.65088589525	[01:46]
smickles	tiberiusiv: looks more like 465%	[01:46]
Bowjob	There was this dude willing to lend this kid 100 BTC	[01:46]
Bowjob	if he got other investors	[01:46]
tiberiusiv	bitcoin has no mechanism(inflation) to bail out debtors	[01:47]
tiberiusiv	so loans have to be very carefully analyzed	[01:47]
smickles	you gotta figure a rate of deflation and tac that on to the charged interest	[01:48]
*	darkee has quit (Ping timeout: 276 seconds)	[01:48]
tiberiusiv	as i said earlier, less then 0.1% of the bitcoin users qualify for BTC loans as first you need a BTC derived income	[01:48]
tiberiusiv	meaning at the moment worthy borrowers are either miners, or those running btc gambling sites	[01:48]
tiberiusiv	nobody else can afford to repay loans	[01:48]
smickles	i do accounting for btc ;)	[01:49]
smickles	and other related services	[01:49]
smickles	but i'm not looking to borrow btc	[01:49]
smickles	or usd for that matter	[01:49]
assbot	[HAVELOCK] [VTX] 50 @ 0.3856 = 19.28 BTC [+]	[01:50]
tiberiusiv	the benefit to bitcoin is it eliminates idiots from holding them	[01:50]
Namworld	yeah, but that's USD/hour derivated.	[01:50]
tiberiusiv	as they lose them to scams	[01:50]
smickles	Namworld: i suppose most of it is	[01:51]
kakobrekla	so on the end you only have scammers	[01:51]
kakobrekla	scammin each other off	[01:51]
tiberiusiv	no you have the legit investors, scammers and legit business	[01:51]
tiberiusiv	the idiot component is too broke to participate	[01:51]
tiberiusiv	natural evolution	[01:51]
tiberiusiv	eventually the scammers vanish	[01:52]
tiberiusiv	overtime bitcoin related scams will decrease substantially	[01:53]
smickles	;;calc 130590.75406879/1000000000	[01:53]
gribble	0.000130590754069	[01:53]
tiberiusiv	and the scammed coins will be sold to real users(spent) or invested into btc business's	[01:53]
smickles	!last s.mpoe	[01:53]
assbot	The eagle never lost so much time as when he submitted to learn from the crow.	[01:53]
smickles	!last m s.mpoe	[01:53]
assbot	Last trade for S.MPOE on MPEX was at 0.00072101 BTC [-]	[01:53]
Bowjob	;;ticker	[01:54]
gribble	Error: Failure to retrieve ticker. Try again later.	[01:54]
Bowjob	what happened to the ticker	[01:54]
smickles	mtgox http api v1 down?	[01:54]
smickles	i haven't seen a mtgox usd trade go by in a while	[01:55]
kakobrekla	http://bitcoinity.org/markets	[01:56]
benkay	;;goxlag	[01:56]
gribble	8.012634 seconds	[01:56]
assbot	[HAVELOCK] [KCIM] 1 @ 1.001 BTC [-]	[01:57]
smickles	and my bot can't read the mtgox depth for usd	[01:57]
smickles	no mtgoxusd trades in the past hour or so according to amphipod	[01:57]
assbot	[HAVELOCK] [VTX] 4 @ 0.3855 = 1.542 BTC [-]	[01:58]
tiberiusiv	just check another exchange?	[02:00]
ThickAsThieves	gox suggested bid is 70.85	[02:00]
ThickAsThieves	its not moving tho	[02:02]
benkay	;;goxlag	[02:03]
gribble	0 seconds	[02:03]
benkay	yeah right.	[02:03]
smickles	tiberiusiv: gox still does > 80% of the public btc/fiat trade	[02:03]
smickles	it's significant if they arn't trading	[02:03]
smickles	or arn't trading usd, in this case	[02:04]
ThickAsThieves	seems like manipulation	[02:04]
tiberiusiv	gox USD volumes are down to 62%	[02:04]
tiberiusiv	gox does 68% total of EUR/USD	[02:04]
tiberiusiv	by the end of 2013 i bet you gox USD trade is in the 50's	[02:04]
assbot	[HAVELOCK] [VTX] 21 @ 0.3923 = 8.2383 BTC [+]	[02:05]
tiberiusiv	by 2014 i would be surprised if gox did over 50% of fiat trade	[02:05]
smickles	hmm, well that 62% is still around 10x their nearest competitor	[02:05]
ThickAsThieves	gox usd trade will be 0% next month right?	[02:05]
tiberiusiv	smickles they have been bleeding market share since 2011	[02:05]
assbot	[HAVELOCK] [VTX] 1 @ 0.3923 BTC [+]	[02:05]
assbot	[BTCTC] [PAJKA.BOND] 40 @ 0.108999 = 4.36 BTC [-]	[02:05]
ThickAsThieves	cuz coinlab	[02:05]
assbot	[BTCTC] [PAJKA.BOND] 126 @ 0.109 = 13.734 BTC [+]	[02:06]
ThickAsThieves	this page seems to be working http://bitcoincharts.com/markets/	[02:06]
benkay	someone is hoping that bringing gox ops to america will make things work more smoothyl	[02:06]
smickles	so we've stabilized at 70.85	[02:06]
smickles	exactly, and haven't moved for a while	[02:07]
kakobrekla	stable for 90 sec	[02:07]
tiberiusiv	benkay: the US is still the center of the world	[02:07]
smickles	bitcoincharts shows no trades since the new day on their chart	[02:08]
jcpham	smickles said stabilized	[02:08]
smickles	only in jest, i swear!	[02:08]
jcpham	* ah- hah! *	[02:08]
assbot	[HAVELOCK] [VTX] 13 @ 0.3923 = 5.0999 BTC [+]	[02:09]
jcpham	reminds me of pirate interest	[02:09]
benkay	tiberiusiv: you're probably familiar with what happens to centers of the world when their currecies blow up	[02:09]
benkay	currencies	[02:09]
benkay	i cannot type today	[02:09]
tiberiusiv	benkay: considering the majority of dollars are outside of the US the losses occur to creditors	[02:09]
assbot	[HAVELOCK] [SDICE] 3 @ 0.4848 = 1.4544 BTC [+]	[02:10]
benkay	MOAR DOLLARS	[02:10]
benkay	for everyone	[02:10]
benkay	bees.gif	[02:10]
benkay	i ain't averse to it.	[02:10]
smickles	70.85 and unchanged in 10 minutes	[02:11]
kakobrekla	bitcoinity is trading	[02:11]
tiberiusiv	thats an mtgox error	[02:11]
benkay	what are the other exchanges doing right now?	[02:11]
tiberiusiv	74 on the canada exchange	[02:11]
kakobrekla	bitcoinity gox is trading	[02:11]
smickles	23:27 <+amphipod> Mar21 23:27:38 bc 0.1689 @ 58.50 EUR	[02:11]
smickles	23:28 <+amphipod> Mar21 23:27:51 mtgox 0.1000 @ 56.79214 EUR	[02:11]
smickles	23:28 <+amphipod> Mar21 23:28:11 btc24 x3 7.1900 @ 57.00 EUR	[02:11]
smickles	er, wrong spot	[02:12]
ThickAsThieves	gox is pushing price down	[02:12]
ThickAsThieves	that suggested bid feature they have is kinda fucked up	[02:12]
smickles	ah i see a mtgox usd trade	[02:12]
smickles	71	[02:12]
assbot	[HAVELOCK] [VTX] 2 @ 0.3923 = 0.7846 BTC [+]	[02:12]
smickles	even	[02:13]
smickles	at 1363911066	[02:13]
assbot	[HAVELOCK] [VTX] 202 @ 0.3923 = 79.2446 BTC [+]	[02:13]
*	fydel (~fydel@p579923BE.dip0.t-ipconnect.de) has joined #bitcoin-assets	[02:15]
*	fydel (~fydel@p579923BE.dip0.t-ipconnect.de) has left #bitcoin-assets	[02:15]
smickles	maybe they tried to go live with the coinlab thing at midnight utc	[02:15]
*	benkay has quit (Ping timeout: 245 seconds)	[02:15]
ThickAsThieves	was that today?	[02:16]
ThickAsThieves	that they planned the change?	[02:16]
assbot	[BTCTC] [B.YABMC] 1 @ 0.016 BTC [-]	[02:16]
assbot	[BTCTC] [B.YABMC] 1 @ 0.01591 BTC [-]	[02:16]
assbot	[BTCTC] [B.YABMC] 10 @ 0.0155 = 0.155 BTC [-]	[02:16]
assbot	[BTCTC] [B.YABMC] 1 @ 0.015 BTC [-]	[02:16]
*	benkay (~benkay@130.sub-97-50-230.myvzw.com) has joined #bitcoin-assets	[02:16]
assbot	[BTCTC] [B.YABMC] 1 @ 0.014 BTC [-]	[02:16]
benkay	what precisely is this weirdness?	[02:17]
smickles	lol, a whole bunch of 70.85 trades went thru	[02:17]
smickles	ThickAsThieves: i have no clue, just weirdness today	[02:18]
*	riX2000 has quit (Ping timeout: 245 seconds)	[02:18]
kakobrekla	http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png	[02:18]
kakobrekla	this will be about correct	[02:18]
assbot	[BTCTC] [S.DICE-PT] 1 @ 0.00401 BTC [-]	[02:19]
benkay	quite the wall at 74	[02:19]
kakobrekla	lucky bulls can climb	[02:19]
ThickAsThieves	thats what happens when gox tells all buyers that rate is 70.85	[02:19]
*	rs0 (~ubuntu@ec2-54-245-248-5.us-west-2.compute.amazonaws.com) has joined #bitcoin-assets	[02:20]
assbot	[HAVELOCK] [VTX] 12 @ 0.395 = 4.74 BTC [+]	[02:21]
Bowjob	mhmm	[02:21]
assbot	[HAVELOCK] [SDICE] 2 @ 0.4848 = 0.9696 BTC [+]	[02:22]
Bowjob	we got this new IPO	[02:22]
assbot	[HAVELOCK] [SDICE] 1 @ 0.48489999 BTC [+]	[02:22]
assbot	[HAVELOCK] [SDICE] 4 @ 0.485 = 1.94 BTC [+]	[02:22]
ThickAsThieves	man i need to write a prospectus for a $100k ipo	[02:22]
assbot	[BTCTC] [GSDPT] 1 @ 0.0042 BTC [-]	[02:22]
ThickAsThieves	Guys, invest in my business!	[02:22]
assbot	[HAVELOCK] [VTX] 50 @ 0.395 = 19.75 BTC [+]	[02:22]
assbot	[HAVELOCK] [VTX] 15 @ 0.395 = 5.925 BTC [+]	[02:23]
assbot	[HAVELOCK] [VTX] 3 @ 0.395 = 1.185 BTC [+]	[02:23]
kakobrekla	http://geizhals.at/?phistgfx=652381&loc=de&age=9999&width=640&l=de&dc=EUR	[02:24]
kakobrekla	DDR3 prices	[02:24]
assbot	[HAVELOCK] [VTX] 4 @ 0.395 = 1.58 BTC [+]	[02:24]
kakobrekla	dis better dan bitcoin	[02:24]
dub	ThickAsThieves: your proposal makes too much sense	[02:24]
benkay	so someone just gave me this raspberry pi, and if I weren't actually busy with things, I'd set up a mining company called "MINIMINER"	[02:24]
benkay	mimic all the scam copy	[02:24]
Bowjob	I thought VTX was .38	[02:25]
dub	thow in some spelling/grammar fuckups	[02:25]
benkay	thow indeed	[02:25]
ThickAsThieves	vtx ipo is priced dynamic to btc/cad	[02:25]
Bowjob	so its pegged to the dollar then	[02:25]
ThickAsThieves	yes	[02:26]
dub	thats not a spelling error btw thats lag	[02:26]
jurov	btc/cad SPOT price?	[02:26]
jurov	that would be insane	[02:26]
ThickAsThieves	$30CAD or therabouts i think	[02:26]
Bowjob	still figuring out if they are worth 3 million dollars	[02:26]
Bowjob	coinlab is going to the us, they mentioned canada..	[02:27]
ThickAsThieves	buy some stock and figure it out with friends!	[02:27]
ThickAsThieves	somehting funny,	[02:27]
ThickAsThieves	is the Crypto-trade ipo	[02:27]
assbot	[HAVELOCK] [VTX] 57 @ 0.395 = 22.515 BTC [+]	[02:27]
ThickAsThieves	yes, it was also way overpriced	[02:28]
ThickAsThieves	but	[02:28]
Bowjob	mhm, people seem to buy it	[02:28]
ThickAsThieves	they are super slow in updating their price on the ltcglobal version	[02:28]
ThickAsThieves	so you can get shares at like 20%+ off	[02:28]
ThickAsThieves	seems like a scam red flag to me	[02:29]
*	jonny7 has quit (Quit: Page closed)	[02:31]
*	fulluser20 (bbc2feda@gateway/web/freenode/ip.187.194.254.218) has joined #bitcoin-assets	[02:32]
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fulluser20	hi	[02:32]
assbot	[HAVELOCK] [VTX] 1 @ 0.4084 BTC [+]	[02:33]
fulluser20	anything i can trade with only 0.02 btc	[02:33]
Bowjob	i can trade you some tf2 hats	[02:36]
assbot	[HAVELOCK] [VTX] 4 @ 0.4084 = 1.6336 BTC [+]	[02:36]
ThickAsThieves	you can buy litecoins	[02:36]
Bowjob	litecoins are pretty much back to where it was	[02:37]
Bowjob	slightly above before the great flash rally	[02:37]
assbot	[HAVELOCK] [VTX] 3 @ 0.4084 = 1.2252 BTC [+]	[02:37]
fulluser20	Bowjob , arent those free ? ..	[02:39]
Bowjob	Tf2? hats?	[02:39]
assbot	[HAVELOCK] [VTX] 500 @ 0.4084 = 204.2 BTC [+]	[02:39]
Bowjob	you can get them via drop, but you can sell them for paypal stuffs	[02:39]
*	thepok has quit (Ping timeout: 240 seconds)	[02:39]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.85887 BTC [+]	[02:40]
ThickAsThieves	holy crap thats a lot of vtx sales	[02:40]
Bowjob	you can be the king of TF2 if you have the burnign team captain hat, worth about $3 grand	[02:40]
Bowjob	and yes, people pay real money for hats	[02:40]
*	benkay has quit (Ping timeout: 264 seconds)	[02:41]
assbot	[HAVELOCK] [VTX] 3 @ 0.4084 = 1.2252 BTC [+]	[02:41]
fulluser20	I´ll be better modeling something for second life	[02:42]
fulluser20	if it was me	[02:42]
Bowjob	the top hat maker makes about 500k a year	[02:43]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1099 BTC [+]	[02:49]
assbot	[HAVELOCK] [VTX] 1 @ 0.4013 BTC [-]	[02:50]
Bowjob	I know who bought the avalon for 20k	[02:50]
assbot	[HAVELOCK] [VTX] 4 @ 0.4013 = 1.6052 BTC [-]	[02:50]
assbot	[HAVELOCK] [VTX] 3 @ 0.4013 = 1.2039 BTC [-]	[02:51]
assbot	[HAVELOCK] [VTX] 3 @ 0.4013 = 1.2039 BTC [-]	[02:53]
Bowjob	;;ticker	[02:54]
gribble	BTCUSD ticker \| Best bid: 70.90000, Best ask: 70.90001, Bid-ask spread: 0.00001, Last trade: 70.90001, 24 hour volume: 92929.72727128, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.25416	[02:54]
kakobrekla	ngzang?	[02:54]
Bowjob	http://i.imgur.com/8tSEbLz.png	[02:54]
Bowjob	try again	[02:54]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.85887 BTC [+]	[02:58]
assbot	[HAVELOCK] [VTX] 1 @ 0.4013 BTC [-]	[02:59]
assbot	[HAVELOCK] [VTX] 2 @ 0.4074 = 0.8148 BTC [+]	[03:00]
mod6	lol 71 days to go...	[03:08]
mod6	!ticker h VTX	[03:09]
assbot	[HAVELOCK:VTX] 1D: 0.38280000 / 0.39073395 / 0.43320000 (5939 shares, 2320.56890000 BTC), 7D: 0.38280000 / 0.39183944 / 0.46140000 (6063 shares, 2375.72250000 BTC), 30D: 0.38280000 / 0.39183944 / 0.46140000 (6063 shares, 2375.72250000 BTC)	[03:09]
mod6	hmm	[03:09]
assbot	[HAVELOCK] [VTX] 535 @ 0.4074 = 217.959 BTC [+]	[03:12]
assbot	[HAVELOCK] [VTX] 1 @ 0.4074 BTC [+]	[03:14]
assbot	[HAVELOCK] [VTX] 181 @ 0.4074 = 73.7394 BTC [+]	[03:14]
assbot	[HAVELOCK] [VTX] 25 @ 0.4013 = 10.0325 BTC [-]	[03:16]
assbot	[BTCTC] [COGNITIVE] 1 @ 0.16 BTC [+]	[03:17]
assbot	[HAVELOCK] [VTX] 200 @ 0.4013 = 80.26 BTC [-]	[03:17]
ThickAsThieves	where is all this money for VTX coming from?	[03:18]
kakobrekla	dunno	[03:18]
assbot	[HAVELOCK] [VTX] 10 @ 0.4013 = 4.013 BTC [-]	[03:18]
Namworld	There's plenty of money for VTX	[03:21]
assbot	[HAVELOCK] [VTX] 7 @ 0.4013 = 2.8091 BTC [-]	[03:22]
ThickAsThieves	thats an answer	[03:23]
*	beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets	[03:34]
mircea_popescu	!ticker havelock vtc	[03:34]
assbot	I don't know those people, and they don't look very friendly.	[03:34]
mircea_popescu	!ticker havelock vtx	[03:34]
assbot	[HAVELOCK:VTX] 1D: 0.38280000 / 0.39283695 / 0.43320000 (6898 shares, 2709.78930000 BTC), 7D: 0.38280000 / 0.39375433 / 0.46140000 (7022 shares, 2764.94290000 BTC), 30D: 0.38280000 / 0.39375433 / 0.46140000 (7022 shares, 2764.94290000 BTC)	[03:34]
mircea_popescu	!ticker btct asicminer-pt	[03:34]
assbot	[BTCT:ASICMINER-PT] 1D: 0.832 / 0.87807 / 0.93 (269 shares, 236.2 BTC), 7D: 0.769995 / 0.85241 / 0.9489 (1434 shares, 1222.4 BTC), 30D: 0.65 / 0.76435 / 1 (3497 shares, 2672.9 BTC)	[03:34]
mircea_popescu	ahem,	[03:34]
mircea_popescu	cavirtex owns asicminer.	[03:35]
Namworld	Oh... nice theory	[03:37]
mircea_popescu	it's a point of fact.	[03:37]
mircea_popescu	cavirtex got more in a day than asicmienr in two weeks.	[03:37]
mircea_popescu	this is what a blown ipo looks like.	[03:37]
assbot	[BTCTC] [ASICMINER-PT] 12 @ 0.85887 = 10.3064 BTC [+]	[03:39]
Namworld	all havelockinvestments.com funds are blown...	[03:39]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.85888 = 2.5766 BTC [+]	[03:39]
Namworld	idk why but maybe Canadians just don't know about anything else that that one.	[03:40]
assbot	[HAVELOCK] [VTX] 30 @ 0.3987 = 11.961 BTC [-]	[03:40]
Namworld	and don't know about the risks involved.	[03:40]
mircea_popescu	Namworld asicminer is blown.	[03:40]
mircea_popescu	cavirtex is doing just fine i'd say.	[03:40]
Namworld	oh, that too for sure	[03:40]
mircea_popescu	i mean, they wanted 300k got about half of it so far ?	[03:40]
*	unbalanced_away is now known as unbalanced	[03:43]
Namworld	more than that. Like 7/10th of it	[03:44]
Namworld	Less than 3k/10k left	[03:45]
Namworld	Valued at 3 million it seems.	[03:45]
unbalanced	Namworld: what are the other fund/investment options for those of us who aren't on mpex directly?	[03:45]
Namworld	bitfunder.com or btct.co	[03:45]
Namworld	Although the quality choices are more limited	[03:45]
unbalanced	Thanks, I just can't keep up with all the developments and keep my day job.	[03:45]
unbalanced	What's this bitfinex I heard earlier today a few times?	[03:45]
unbalanced	Googled it, just saw a gaming hardware builder	[03:46]
mircea_popescu	unbalanced there's mpex pass-through vehicles pretty much on all three	[03:46]
mircea_popescu	also jurov runs a broker website (coinbr.com) and i think he's doing something with futures too	[03:47]
assbot	[HAVELOCK] [VTX] 22 @ 0.4027 = 8.8594 BTC [+]	[03:47]
unbalanced	I was pleased to find SDICE via Havelock and haven't looked much past that.	[03:47]
mircea_popescu	re bitfinex prolly check out https://bitcointalk.org/index.php?topic=140484.0	[03:48]
unbalanced	Busy/lazy	[03:48]
unbalanced	Ah... so MPOE-PR seriously isn't you with a girl's picture?	[03:48]
unbalanced	Or are we not allowed to ask that? "Pay no attention to the man behind the curtain!"	[03:48]
mircea_popescu	seriously.	[03:48]
unbalanced	(Someone will do a lexical analysis someday.)	[03:49]
dub	I think its a bit of both	[03:50]
dub	theres a girl driving the account, sometimes she gets scripts or at least dictation	[03:50]
unbalanced	Listen I should warn you all I put some serious (for me) money into Bitcoin today after not holding nearly enough during the run-up.	[03:51]
unbalanced	So, yeah. That was officially the top.	[03:51]
mircea_popescu	dub she's pr, obviously she dioesn;'t compose her own poetry over there.	[03:51]
dub	at least in my opinion, some of the rants take on a scary level of MP semblance	[03:51]
unbalanced	Okay so coinbr gets me access to some of the MPEx features I wouldn't get yet with Havelock. Roger.	[03:52]
dub	and reduced risk of avoiding passthroughs	[03:53]
dub	s/of/through	[03:53]
mircea_popescu	http://mpex.co << spanish faq too	[03:53]
mircea_popescu	actually most of her job consists on reading, selecting and summarizing the nonsense people post there.	[03:54]
unbalanced	My favourite in the FAQ is #10: "You know those charts without any indication of scale ? That's not how charts work."	[03:54]
unbalanced	That's where I've seen coinbr.com before... for its charts. Didn't grok that it was also a service.	[03:55]
unbalanced	Via that FAQ link.	[03:55]
Namworld	http://www.namworld.net/pf/bitvps.com/openvz-vps	[03:56]
Namworld	VS	[03:56]
Namworld	https://www.bitvps.com/openvz-vps	[03:56]
dub	fyi all the cool kids use this referral link https://coinbr.com/ref?c=A3R7Tstq16	[03:56]
Namworld	please vote	[03:56]
assbot	[HAVELOCK] [VTX] 2 @ 0.4027 = 0.8054 BTC [+]	[03:57]
*	tiberiusiv has quit (Remote host closed the connection)	[03:58]
*	B0g4r7 has quit (Ping timeout: 276 seconds)	[03:59]
assbot	[HAVELOCK] [VTX] 248 @ 0.4027 = 99.8696 BTC [+]	[03:59]
unbalanced	Maybe a darker body font if you go with that grid-y background. Or did I misunderstand vote?	[03:59]
Namworld	actually, just tile vs no tiles for background. So far seems people liked tiles more but just checking further.	[04:00]
Bowjob	wow. 248 shares	[04:00]
Bowjob	;;ticker	[04:00]
Namworld	Rest of the staff doesn't agree with the tiles	[04:00]
gribble	BTCUSD ticker \| Best bid: 72.00001, Best ask: 72.05000, Bid-ask spread: 0.04999, Last trade: 72.05000, 24 hour volume: 93837.20934717, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.38534	[04:00]
smickles	i should hire someone to troll the forum and report its activity back to me too	[04:02]
unbalanced	I like tiles but small body font is too close a shade to them. IMO	[04:02]
mircea_popescu	smickles lol	[04:02]
Namworld	http://www.namworld.net/pf/bitvps.com/kvm-vps	[04:02]
mircea_popescu	soon enough btctalk will be fully robotized	[04:02]
mircea_popescu	sorta like hft	[04:02]
Namworld	I'll add some background container for the text	[04:02]
unbalanced	You did, yeah, I see... works I guess	[04:02]
mircea_popescu	what, not 80 yet ?	[04:04]
mircea_popescu	wtf!	[04:04]
unbalanced	But the all-white bg beats the one with a container for the next.	[04:04]
unbalanced	*text	[04:04]
unbalanced	mircea_popsecu: see above, I bought in. Kiss of death.	[04:05]
Bowjob	ikr	[04:05]
Bowjob	bitcoin such a fail investment	[04:05]
Bowjob	brb, moving to ixcoins	[04:05]
smickles	mircea_popescu: mtgox cooled things off by stopping usd trades for ~10 min following midnight utc	[04:07]
dub	wat	[04:07]
smickles	yeah, for that time it showed last: 70.85	[04:08]
smickles	gribble's ticker didn't work b/c it used the http api ticker which was offline	[04:08]
smickles	and only non usd trades were being made	[04:09]
smickles	my bot couldn't even fetch the market depth for usd	[04:09]
assbot	[HAVELOCK] [VTX] 10 @ 0.4027 = 4.027 BTC [+]	[04:09]
mircea_popescu	...	[04:10]
dub	any big trades prior?	[04:10]
dub	like 20k btc big	[04:10]
smickles	not that i saw	[04:10]
smickles	it happened to the second on midnight	[04:10]
the-bucket-shop	I came in mid conversation - does someone need someone to set up a vote on bitcointalk about whether to add a tile background to mpex.co? In addition to the cherries?	[04:11]
smickles	my wild guess what it was a botched switch over to coinwho	[04:11]
smickles	Namworld: strawpoll.me	[04:11]
smickles	use it	[04:11]
smickles	those things are awesome!	[04:11]
smickles	realtime polls, all animated and such	[04:11]
unbalanced	mircea_popescu: thanks for the FAQ link btw... I'd already read it, but I'll have to take a vacation to implement and the now-$2100 equiv for a seat is out of my budget range. I was too late to the party so I'll have to stick with the passthroughs.	[04:13]
mircea_popescu	not a crime.	[04:13]
unbalanced	mucho respect for what y'all have built though. I feel smarter just trying to read up on this channel.	[04:15]
Namworld	not a bad idea, smickles	[04:16]
unbalanced	I could do without the nastier porn links, but hey, that's just me.	[04:16]
Namworld	Poll on bitvps design: http://strawpoll.me/10592	[04:16]
unbalanced	smickles: is @dandirks, the strawpoll guy, a bitcoiner?	[04:16]
assbot	[HAVELOCK] [VTX] 100 @ 0.4027 = 40.27 BTC [+]	[04:17]
smickles	unbalanced: i don't have any idea	[04:17]
unbalanced	ah, just a coincidence	[04:17]
assbot	[HAVELOCK] [VTX] 7 @ 0.4027 = 2.8189 BTC [+]	[04:17]
smickles	i just know of the site from other people using it	[04:17]
smickles	aw, no love for the poll?	[04:18]
dub	whats a fair markup for otc bitcoin?	[04:19]
unbalanced	And just a coincidence then -- I do some polling stuff and we work in node.js and we built something like that. That's what I'm talking about, you brainiacs knock something out in a weekend and I can't get a project launched in a year.	[04:19]
smickles	dub: depends on the method of transmission	[04:19]
mircea_popescu	unbalanced just filter out dtng you'll be fine	[04:19]
Namworld	try http://namcdn.com/btcalarm	[04:19]
mircea_popescu	dub it'd depend on your op neh ?	[04:19]
dub	cash face to face	[04:19]
mircea_popescu	still.	[04:20]
mircea_popescu	(op = other party)	[04:20]
assbot	[HAVELOCK] [VTX] 100 @ 0.4027 = 40.27 BTC [+]	[04:20]
dub	oh, buddies	[04:20]
Namworld	I did that somewhere when Bitcoin price started getting volatile. I use it to wake me up when price goes past my set threshold.	[04:20]
smickles	i'd only give travel consideration to the markup on face to face cash	[04:20]
dub	people I like	[04:20]
unbalanced	mircea_popescu, I read your stuff (er, MPOE-PR's) about "you're not exceptional, get over yourself" or somesuch. Brilliant... and I had to agree. I'd come to that realization already tho.	[04:20]
mircea_popescu	you're a vanishing minority.	[04:21]
mircea_popescu	dub then why are you surcharging buddies	[04:21]
dub	cause they will ask what my end is and think its wierd there isnt one	[04:22]
mircea_popescu	this bitcoin surge is pretty cool in that it drives people back to btc. this person invested in mpoe on the first round (feb 2012)	[04:22]
mircea_popescu	then made a mpex acct back then, had shares transfgerred there	[04:22]
mircea_popescu	divs accumulating	[04:22]
mircea_popescu	today is like hey... is my stuff still there ?!	[04:22]
mircea_popescu	i'm like sure... all the many thousand dollars' worth of it	[04:23]
smickles	mircea_popescu: 30 day oix :D	[04:23]
mircea_popescu	smickles it'd be shit tho casue it'd mix across opex lines i think	[04:23]
dub	I guess .5 or 1% would be ok	[04:23]
smickles	mircea_popescu: fine, 25 day	[04:23]
smickles	i feel it'd be an indicator of how well mpoebot is doing	[04:24]
mircea_popescu	smickles if you think about it, 1 week oix is across lines for 12 days out of 30	[04:24]
smickles	bah, i only want it for this in the last week	[04:24]
mircea_popescu	im sorry. 6 not 12	[04:24]
smickles	otherwise, the 7day is just fine	[04:25]
smickles	$vwap ^oix	[04:25]
mpexbot	smickles: 1 day: no data 7 day: average: 55.42906834 high: 57.60574549 low: 51.19305144 volume: 14257 btc: 1202.67534357 30 day: no data	[04:25]
smickles	55	[04:25]
smickles	fer srs	[04:25]
mircea_popescu	it doesn't think much of the rally lately does it.	[04:26]
smickles	that implies that there's a lot of getting fucked about to happen if the price holds	[04:27]
mircea_popescu	not necessarily	[04:28]
mircea_popescu	if someone bought calls when the price was 40 implying 50 they're golden	[04:28]
smickles	aw, that's no fun, and should reread how that's calculated	[04:29]
smickles	inser 'I' somewhere in there	[04:29]
assbot	[HAVELOCK] [VTX] 22 @ 0.3987 = 8.7714 BTC [-]	[04:30]
*	NOTAL (4ba8031d@gateway/web/freenode/ip.75.168.3.29) has joined #bitcoin-assets	[04:30]
assbot	[HAVELOCK] [VTX] 4 @ 0.3987 = 1.5948 BTC [-]	[04:31]
assbot	[HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]	[04:31]
NOTAL	!help	[04:32]
assbot	List of commands:	[04:32]
assbot	!ticker (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}	[04:32]
assbot	!last (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}	[04:32]
assbot	!mp (desc: returns the response from MPEX order)	[04:32]
assbot	!rules (desc: chan guidelines) {short: !r}	[04:32]
assbot	!exchanges (desc: lists exchanges and brokers) {short: !e}	[04:32]
assbot	[HAVELOCK] [VTX] 200 @ 0.3987 = 79.74 BTC [-]	[04:32]
assbot	[HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]	[04:32]
NOTAL	!last	[04:33]
assbot	Are you sure you have no tobacco?	[04:33]
mircea_popescu	hello notal	[04:34]
NOTAL	hello	[04:34]
mircea_popescu	http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering << basically zerohedge is the new zeroclue ?	[04:34]
assbot	[HAVELOCK] [VTX] 8 @ 0.3987 = 3.1896 BTC [-]	[04:34]
smickles	!last m s.mpoe	[04:34]
assbot	Last trade for S.MPOE on MPEX was at 0.00072101 BTC [-]	[04:34]
mod6	mircea_popescu: yeah	[04:34]
mircea_popescu	https://bitcointalk.org/index.php?topic=155098.msg1656127#msg1656127 o boy watch the silver butthurt nao.	[04:35]
smickles	https://lh5.googleusercontent.com/-s0d-GHe6W8o/UUocFG_0D_I/AAAAAAAAHbg/4PysJZ5-vwU/s648/Dont-Steal-The-government-hates-competition1.jpg < /me lold	[04:36]
mircea_popescu	lol	[04:36]
assbot	[HAVELOCK] [SDICE] 4 @ 0.445 = 1.78 BTC [-]	[04:37]
mod6	smickles: i've always had a special place in my heart for anyone who sports that bumper sticker	[04:39]
mod6	don't see it very often, but when I do, i smile :)	[04:40]
*	bolgon (~bolgon@93.115.82.54) has joined #bitcoin-assets	[04:40]
smickles	this is the first i've seen it	[04:40]
smickles	i want one	[04:40]
mod6	oh its an oldie but goodie	[04:40]
mod6	and pretty rare to see. gotta love it.	[04:40]
dub	you'll find it right next to a confederate flag sticker	[04:40]
mod6	naw	[04:40]
dub	the driver will be chewing tobacco	[04:41]
unbalanced	it's a good'n	[04:41]
mod6	those people are nitwits	[04:41]
*	unbalanced is now known as unbalanced_away	[04:41]
smickles	maybe you'll see hoffman's 'steal this book' above it in the window	[04:41]
smickles	or on a seat in the car	[04:41]
smickles	or mitnicks 'the art of deception'	[04:42]
mircea_popescu	i think dub is a leftie	[04:42]
smickles	naw, he's just a yankee carpet-bagger	[04:43]
smickles	;)	[04:43]
mircea_popescu	haha	[04:43]
dub	leftie, greenie, nigger.. choose your favorite reason to hate	[04:43]
mircea_popescu	what, you're black !?	[04:43]
kakobrekla	greenie?	[04:43]
dub	not black per se	[04:43]
mod6	(green party)	[04:43]
mircea_popescu	i just hate you cause you're a sociopath that's all	[04:44]
smickles	oh, i get it, dub is al rhoker	[04:44]
mod6	HA	[04:44]
Bowjob	guys, it started	[04:44]
mircea_popescu	;;ticker	[04:44]
gribble	BTCUSD ticker \| Best bid: 72.31111, Best ask: 72.40795, Bid-ask spread: 0.09684, Last trade: 72.50000, 24 hour volume: 92454.90765557, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.55651	[04:45]
smickles	;;ticker	[04:45]
gribble	BTCUSD ticker \| Best bid: 72.31111, Best ask: 72.40795, Bid-ask spread: 0.09684, Last trade: 72.50000, 24 hour volume: 92454.90765557, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.55651	[04:45]
mircea_popescu	ha!	[04:45]
Bowjob	hyper inflation is happening	[04:45]
Bowjob	http://www.amazon.com/gp/offer-listing/B002INQ074/ie=UTF8&qid=1363919668	[04:45]
Bowjob	!!	[04:45]
kakobrekla	btc is stable now.	[04:45]
smickles	lol	[04:45]
Bowjob	im a ..	[04:45]
mod6	oh wow	[04:45]
Bowjob	fuck i dont know whats next after trillion	[04:45]
Bowjob	quadrillion, right	[04:45]
mircea_popescu	anyway, am i the only one amused at the circumstance that the silly left has vanquished all hatespeech, they don't hate niggers, spics or spans anymore	[04:45]
mircea_popescu	they just hate sociopaths and that's all ?	[04:45]
smickles	mircea_popescu: and smokers	[04:46]
mod6	haha, yeah the left used to be the ones with the white hoods on	[04:46]
mircea_popescu	smickles smokers are sociopaths	[04:46]
smickles	D:	[04:46]
mod6	the old-south democrats	[04:46]
Namworld	Is it me or everyone are sociopaths nowadays?	[04:46]
mod6	dixie-crats or whatever	[04:46]
mircea_popescu	that's the great progrss here : by detaching nigger-ness from skin color, slovenly-sluttyness from cuntal lips and everything from everything else	[04:46]
mircea_popescu	you can build a construct of pure evil	[04:46]
assbot	[HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]	[04:47]
mircea_popescu	and live under the impression that while you walk the earth with the retarded brain of the spanish faithful cca 1500	[04:47]
mircea_popescu	still progress has occured	[04:47]
ThickAsThieves	you forgot the one thing the left hates most	[04:48]
ThickAsThieves	the right	[04:48]
mircea_popescu	ya but those are mostly sociopaths anyway	[04:48]
ThickAsThieves	these days for sure	[04:48]
assbot	[HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]	[04:48]
assbot	[HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]	[04:49]
mod6	(19:46) < smickles> mircea_popescu: and smokers << this is ironic as obama is a smoker	[04:51]
mircea_popescu	don't be racist.	[04:51]
*	tiberiusiv (~tiberiusi@gateway/tor-sasl/tiberiusiv) has joined #bitcoin-assets	[04:52]
mod6	wat	[04:53]
*	coingenuity has quit (Read error: Connection reset by peer)	[04:53]
dub	dammit people wanting me to be useful on a firday	[04:54]
dub	friday*	[04:54]
*	Transisto (~TransistO@bas2-quebec03-1176410810.dsl.bell.ca) has joined #bitcoin-assets	[04:54]
*	coingenuity (~coingenui@unaffiliated/coingenuity) has joined #bitcoin-assets	[04:54]
dub	so yeah; left, green, black and according to some silly chart linked here the other day, in the 1%	[04:54]
dub	thats gotta put a few 'muricans into therapy rite?	[04:56]
dub	oh and I'm fine with paying >50% tax and geting free healthcare for it	[04:57]
mircea_popescu	how come ?	[04:57]
dub	because tax is good	[04:58]
assbot	[HAVELOCK] [VTX] 20 @ 0.3987 = 7.974 BTC [-]	[04:58]
mircea_popescu	...	[04:58]
assbot	[HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]	[04:58]
dub	the state provides for me, so I provide for them	[04:58]
mircea_popescu	you're evil.	[04:58]
assbot	[BTCTC] [S.DICE-PT] 16 @ 0.00486 = 0.0778 BTC [+]	[04:58]
assbot	[BTCTC] [S.DICE-PT] 4 @ 0.00486 = 0.0194 BTC [+]	[04:58]
mircea_popescu	http://bitbet.us/bet/295/btc-usd-will-top-68-in-2013/	[05:02]
mircea_popescu	whodda thunk it, seriously now	[05:02]
*	coinners has quit (Quit: Textual IRC Client: www.textualapp.com)	[05:06]
assbot	[HAVELOCK] [VTX] 1 @ 0.3976 BTC [-]	[05:07]
assbot	[MPEX] [O.BTCUSD.P510T] 1 @ 0.05328501 BTC [+]	[05:07]
kakobrekla	http://imgur.com/1CR7ez0	[05:07]
assbot	[HAVELOCK] [VTX] 25 @ 0.3976 = 9.94 BTC [-]	[05:08]
mircea_popescu	lol invest in gold!	[05:08]
mircea_popescu	incredible similarity	[05:09]
dub	...	[05:09]
assbot	[HAVELOCK] [VTX] 8 @ 0.3976 = 3.1808 BTC [-]	[05:09]
tiberiusiv	large ask wall and a weakening bid	[05:10]
dub	has to be reptilian manipulation	[05:10]
mod6	wow	[05:10]
tiberiusiv	bet we go into low 60's by tomorrow	[05:10]
mod6	;;bids 60	[05:10]
gribble	There are currently 20145.971 bitcoins demanded at or over 60.0 USD, worth 1315049.984 USD in total. \| Data vintage: 74.7298 seconds	[05:10]
assbot	[HAVELOCK] [VTX] 75 @ 0.3976 = 29.82 BTC [-]	[05:11]
tiberiusiv	;;asks 75	[05:11]
gribble	There are currently 17615.611 bitcoins offered at or under 75.0 USD, worth 1308515.06392 USD in total. \| Data vintage: 95.0453 seconds	[05:11]
kakobrekla	the wall,	[05:12]
kakobrekla	it is fake.	[05:12]
smickles	http://i.imgur.com/Won93wr.png	[05:12]
tiberiusiv	how can you tell kako	[05:12]
*	wiggzz (~chatzilla@c-24-98-203-192.hsd1.ga.comcast.net) has joined #bitcoin-assets	[05:12]
mircea_popescu	he has the hat.	[05:12]
kakobrekla	you can judge by the sound if you knock on it	[05:12]
mod6	(19:58) < dub> because tax is good << trolololo?	[05:16]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35497416 = 354.9742 BTC [+]	[05:18]
mircea_popescu	hmm calls closing ?	[05:19]
mircea_popescu	could this be the end of the climb ?	[05:19]
assbot	[MPEX] [O.BTCUSD.P750T] 2 @ 0.137451 = 0.2749 BTC [-]	[05:20]
assbot	[MPEX] [O.BTCUSD.P750T] 998 @ 0.16907668 = 168.7385 BTC [+]	[05:20]
kakobrekla	a weekend timeout perhaps	[05:21]
smickles	;;calc 75/1.13745	[05:22]
gribble	65.9369642622	[05:22]
mircea_popescu	a the weekend is coming huh	[05:22]
smickles	that's a lot of beer money	[05:22]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35516019 = 355.1602 BTC [+]	[05:23]
assbot	[HAVELOCK] [VTX] 2 @ 0.3914 = 0.7828 BTC [-]	[05:25]
mircea_popescu	http://mpex.co/?mpsic=O.BTCUSD.C450T	[05:25]
mircea_popescu	indeed that is how profits look	[05:26]
smickles	woah	[05:26]
dub	mod6: I recognise the need for governance over human society and an happy to support it	[05:27]
dub	we're just too shit as individuals to make it work	[05:28]
*	leviathanbaphz (leviathanb@CPE-124-182-234-84.lns4.way.bigpond.net.au) has joined #bitcoin-assets	[05:29]
assbot	[HAVELOCK] [VTX] 2 @ 0.3914 = 0.7828 BTC [-]	[05:29]
assbot	[HAVELOCK] [VTX] 1 @ 0.3914 BTC [-]	[05:29]
smickles	hmm, what does it mean if gov't is made up of individuals?	[05:29]
assbot	[HAVELOCK] [SDICE] 4 @ 0.44000002 = 1.76 BTC [-]	[05:30]
assbot	[HAVELOCK] [SDICE] 9 @ 0.44000001 = 3.96 BTC [-]	[05:30]
assbot	[HAVELOCK] [SDICE] 7 @ 0.44 = 3.08 BTC [-]	[05:30]
dub	its hopefully not, they act under rules decided by majority	[05:30]
*	Leviathanzz has quit (Ping timeout: 264 seconds)	[05:30]
smickles	ah, so mob rule	[05:30]
*	benkay (~benkay@c-71-193-200-93.hsd1.or.comcast.net) has joined #bitcoin-assets	[05:30]
dub	yeah or democracy, whatever you want to call it	[05:30]
benkay	;;goxlag	[05:31]
gribble	3.387687 seconds	[05:31]
benkay	how exactly is goxlag calculated?	[05:31]
smickles	are there any democracies in the world	[05:31]
smickles	?	[05:31]
smickles	i was under the impression that most 'democracies' are actually republics	[05:32]
smickles	http://i.imgur.com/X22bRY2.gif wowzer	[05:32]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35534611 = 355.3461 BTC [+]	[05:33]
dub	the method of governance is what im interested in, not an arbitrary label but I think no?	[05:34]
mircea_popescu	ahh, i nearly forgot. the moment i've long awaited :	[05:34]
mircea_popescu	!ticker m s.mpoe	[05:34]
assbot	[MPEX:S.MPOE] 1D: 0.00069171 / 0.0007234 / 0.00074208 (363544 shares, 262.99 BTC), 7D: 0.00066743 / 0.00072074 / 0.00077505 (3180083 shares, 2,292.02 BTC), 30D: 0.00061614 / 0.00070767 / 0.00078628 (37489099 shares, 26,529.98 BTC)	[05:34]
mircea_popescu	;;ticker	[05:34]
gribble	BTCUSD ticker \| Best bid: 73.40000, Best ask: 73.54000, Bid-ask spread: 0.14000, Last trade: 73.54000, 24 hour volume: 92626.33775863, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.81455	[05:34]
mircea_popescu	;;calc 0.00070767 * 1000000000 * 69.81455	[05:34]
gribble	49405662.5985	[05:34]
mircea_popescu	fuck	[05:34]
assbot	[HAVELOCK] [VTX] 23 @ 0.3909 = 8.9907 BTC [-]	[05:34]
mircea_popescu	still under -.-	[05:34]
assbot	[HAVELOCK] [VTX] 25 @ 0.3909 = 9.7725 BTC [-]	[05:35]
assbot	[HAVELOCK] [VTX] 12 @ 0.3909 = 4.6908 BTC [-]	[05:35]
benkay	haha	[05:35]
benkay	damn dude	[05:35]
assbot	[HAVELOCK] [VTX] 45 @ 0.3909 = 17.5905 BTC [-]	[05:35]
mircea_popescu	dub this majority rule thing is no panacea	[05:35]
dub	democracy is when people vote for politicians who in turn vote, in accordance their constituancies wishes, on propsed pieces of legistaltion	[05:36]
mircea_popescu	yeah. and the fate of democracy is for those politicians to observe that they can squander othe people's money.	[05:36]
smickles	dub: that's a republic	[05:36]
mircea_popescu	at which point the show ends.	[05:36]
smickles	mircea_popescu: http://imgur.com/gallery/lrHmx	[05:36]
mircea_popescu	i dig the skittles one	[05:37]
assbot	[HAVELOCK] [VTX] 35 @ 0.3909 = 13.6815 BTC [-]	[05:37]
assbot	[HAVELOCK] [VTX] 153 @ 0.3909 = 59.8077 BTC [-]	[05:37]
dub	smickles: maybe according to your schooling	[05:38]
smickles	how strange, it also resembles what plato described	[05:38]
mircea_popescu	traditionally the republic is the place where the laws prevail	[05:39]
mircea_popescu	democracy is where the will of the mob prevails.	[05:39]
mircea_popescu	pretty much everyone agrees democracy = disaster, as in, wrose than tyrrany	[05:39]
dub	how do laws get created	[05:39]
mircea_popescu	with the unnotable exception of contemporary authors.	[05:39]
mircea_popescu	dub they don't, basically.	[05:39]
mircea_popescu	in the classical republic the laws were "always there". some mystical origin or whatever.	[05:40]
smickles	convince the soldiers they came from the land	[05:40]
mircea_popescu	the idea of a state without the power to legislate is quite appealing, actually. pretty much the onl;y way "the state" can work is if it can make no laws and raise no taxes.	[05:40]
dub	well I guess my outlook is more grounded in reality that whimsical language of philosophy	[05:40]
mircea_popescu	dub another way to say this would be that your outlook is more grounded in fashion and ignorance than literacy.	[05:41]
mod6	it wasn't whimsical to the authors of the constitution and the bill of rights.	[05:41]
dub	could be	[05:41]
dub	well the bill of rights is a bit of a joke	[05:41]
dub	to ~muricans anyway	[05:41]
dub	!muricans	[05:41]
smickles	in the republic, the laws come from the senators	[05:41]
dub	the right to wholesale slaughter each other because you are scared fo the govt you elected	[05:42]
mircea_popescu	smickles is an entire "law of men / law of gods" issue there	[05:42]
mircea_popescu	city ordinances came from senators	[05:42]
assbot	[HAVELOCK] [VTX] 103 @ 0.3909 = 40.2627 BTC [-]	[05:42]
mircea_popescu	but nobody had the authority to ban smoking, or invent pedophilia as an offense	[05:42]
assbot	[HAVELOCK] [VTX] 4 @ 0.3909 = 1.5636 BTC [-]	[05:43]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38439702 = 384.397 BTC [+]	[05:43]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35562479 = 355.6248 BTC [+]	[05:43]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41316925 = 413.1693 BTC [+]	[05:43]
smickles	mircea_popescu: the idea was to make the laws in accordance with what the gods wanted, which was decided upon by debate	[05:43]
dub	so in general if you have kids you don't want them getting fucked until they are old enough to decide who they want to fuck	[05:43]
smickles	sounds like 'merica to me	[05:43]
assbot	[HAVELOCK] [HIM] 1 @ 1.99 BTC [+]	[05:44]
mircea_popescu	dub i didn't pick that example by accident. it was pretty much the largest civil issue in greece.	[05:44]
dub	unfortunately there are old people around that would liek to fuck your kids	[05:44]
mircea_popescu	largely unresolved by the fall of athens	[05:44]
dub	so in order to protect your kids you propose a law against fucking them	[05:44]
dub	you gather support for this law and if enough people agree it becomes one	[05:44]
mircea_popescu	towards the mid phase they had invented the habit of putting gold on the kid's necks	[05:44]
mircea_popescu	as a show that if you fuck this one his daddy's prolly gonna have your arse.	[05:45]
assbot	[HAVELOCK] [KCIM] 1 @ 1.22 BTC [+]	[05:45]
mircea_popescu	kinda how that entire locket tradition got started.	[05:45]
dub	smickles reminded me of another hilarity of american constitution, that God started it all	[05:46]
mircea_popescu	that's universal tho	[05:46]
assbot	[HAVELOCK] [VTX] 1 @ 0.3914 BTC [+]	[05:46]
assbot	[HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]	[05:46]
assbot	[HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]	[05:46]
dub	its not	[05:46]
tiberiusiv	man was given the burden of freedom	[05:47]
*	NOTAL has quit (Ping timeout: 245 seconds)	[05:47]
tiberiusiv	nothing false about that	[05:47]
mircea_popescu	what political system is not at some point claiming some metaphysical entrenchment ?	[05:47]
dub	your president talks about god giving you rights regularly, we lock people like this up	[05:47]
dub	because thats crazy talk	[05:47]
mircea_popescu	i think this is largely a semantic issue.	[05:47]
assbot	[HAVELOCK] [SDICE] 1 @ 0.46799999 BTC [+]	[05:48]
tiberiusiv	your rights are god given hence natural	[05:48]
tiberiusiv	they do not come from government or other men	[05:48]
mircea_popescu	there's not much difference between claiming god gave you some right or you just have some right or you gave it yourself or whatever else.	[05:48]
dub	politicians here go to great lenghts to disguise any religious leaning as it would be political suicide	[05:48]
mircea_popescu	there's never going to be a "proper" font of rights, and consequently any statement as to their origin is pretty much the same thing.	[05:48]
tiberiusiv	dub first off most people never agree to a law	[05:48]
dub	aside from some marginal bottom feeders	[05:48]
smickles	mircea_popescu: "Hello? This is dog. I'm stuck in 1935. Send help" http://i.imgur.com/apaveS3.jpg	[05:49]
tiberiusiv	dub: where are you from?	[05:49]
mircea_popescu	awww!	[05:49]
assbot	[HAVELOCK] [VTX] 187 @ 0.3914 = 73.1918 BTC [+]	[05:49]
assbot	[HAVELOCK] [VTX] 25 @ 0.3914 = 9.785 BTC [+]	[05:49]
dub	tiberiusiv: that is not important	[05:49]
mircea_popescu	he's from like vassar or some shit.	[05:50]
Namworld	Well VTX is almost all gone already	[05:50]
smickles	http://i.imgur.com/P7CFkG5.png	[05:50]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41325384 = 413.2538 BTC [+]	[05:50]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38448574 = 384.4857 BTC [+]	[05:50]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35571763 = 355.7176 BTC [+]	[05:50]
mircea_popescu	shame on Namworld trolling us with finance talk in this chan	[05:50]
tiberiusiv	mircea: alot of idiot bitcoiners are dropping out from missallocating their BTCs	[05:50]
mircea_popescu	tiberiusiv you quoting the girl ? :D	[05:50]
tiberiusiv	into unpayable loan schemes, asics etc	[05:51]
Namworld	I'm watching VTX	[05:51]
mircea_popescu	did you buy any ?	[05:51]
*	FabianB_ (~ogg@unaffiliated/fabianb) has joined #bitcoin-assets	[05:52]
Namworld	A little bit. It's from my country so... I though I could support a bit. Not so many canadian bitcoiners yet. But fees on cavirtex are high.	[05:52]
assbot	[HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]	[05:52]
assbot	[HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]	[05:52]
Namworld	I use cavirtex to buy/cash out BTC as needed.	[05:53]
Namworld	already	[05:53]
assbot	[HAVELOCK] [VTX] 8 @ 0.3914 = 3.1312 BTC [+]	[05:53]
mircea_popescu	a makes sense to own a little then	[05:53]
tiberiusiv	namworld: cavirtex fees are comparable to anywhere else	[05:53]
assbot	[HAVELOCK] [VTX] 12 @ 0.3914 = 4.6968 BTC [+]	[05:53]
*	FabianB has quit (Ping timeout: 264 seconds)	[05:53]
Namworld	3%, vs MtGox 0.6%	[05:53]
assbot	[HAVELOCK] [VTX] 63 @ 0.3914 = 24.6582 BTC [+]	[05:53]
Namworld	coinbase 1% I think...	[05:54]
assbot	[HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]	[05:54]
tiberiusiv	namworld: mtgox doesnt let you withdraw with bank drafts, email money, direct deposit	[05:54]
mircea_popescu	well it's only 3% if you do 100 btc	[05:54]
mircea_popescu	otherwise like .5	[05:54]
tiberiusiv	cavirtex can give you 30k in under 24hrs	[05:54]
tiberiusiv	cavirtex is extremely fast in cashing out	[05:55]
assbot	[HAVELOCK] [VTX] 71 @ 0.3914 = 27.7894 BTC [+]	[05:55]
mircea_popescu	tiberiusiv in fairness, that's prolly because they're not much used so they don't opverrun their limits	[05:55]
Namworld	With discounts for very large volumes, it works down to as low as 0.5% but you have to trade 2500+ within the last 120 days	[05:55]
tiberiusiv	mircea: there are no capital limits in canada	[05:55]
*	B0g4r7 (natty@207.sub-75-192-247.myvzw.com) has joined #bitcoin-assets	[05:55]
mircea_popescu	that'll have to be verified in practice before i take it too seriously.	[05:55]
Namworld	I love Canada	[05:55]
mod6	NO LIMIT	[05:55]
mircea_popescu	anyway, it's quite clear that mtgox is dead by now.	[05:56]
mircea_popescu	back when they were just bleeding market share it seemed like it's temporary	[05:56]
tiberiusiv	mircea: canadian regulators tend to be 40 years behind anything	[05:56]
Namworld	That's true.	[05:56]
mircea_popescu	but by now sealed deal. so probably the top 5 or top 10 stand to gain nicely.	[05:56]
tiberiusiv	you realize canada is like the financial crime center of the world	[05:56]
*	random_cat (~random_ca@gateway/tor-sasl/randomcat/x-49498005) has joined #bitcoin-assets	[05:56]
mircea_popescu	tiberiusiv russia is.	[05:56]
assbot	[HAVELOCK] [VTX] 7 @ 0.3914 = 2.7398 BTC [+]	[05:57]
mod6	i thought it was London	[05:57]
Namworld	I think Russia beats Canada, yeah	[05:57]
tiberiusiv	100mil ponzi scheme is like 3 years prison in canada	[05:57]
tiberiusiv	its life in russia	[05:57]
mircea_popescu	no it's not.	[05:57]
mircea_popescu	it's free police guards in russia.	[05:57]
tiberiusiv	yes i guess that is true	[05:57]
mircea_popescu	now on the other hand not payingyour taxes...	[05:57]
mircea_popescu	they don;t like that.	[05:57]
assbot	[HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]	[05:58]
smickles	What's like making love in a canoe?	[06:00]
tiberiusiv	russia taxes are low	[06:00]
tiberiusiv	like 10% on income	[06:00]
mod6	usa used to be like that	[06:01]
mod6	now they just rape you over and over	[06:01]
tiberiusiv	US was like 5% on ultra high net worths	[06:01]
mod6	EVERYWHICH WAY FROM SUNDAY POSSIBLE	[06:01]
tiberiusiv	and 0 in the golden age	[06:01]
dub	why don't you leave?	[06:01]
mircea_popescu	tiberiusiv there's official + unopfficial	[06:02]
mircea_popescu	you're better off paying the latter	[06:02]
dub	I know a few wealthy people who upped and GTFO	[06:02]
dub	mainly due to death tax	[06:02]
tiberiusiv	leaving the US makes no sense for wealthy	[06:02]
mircea_popescu	dub im paying something like 3.9% if you count it all.	[06:02]
tiberiusiv	they have to renounce citizenship and pay an exit tax	[06:02]
smickles	American beer, know why?	[06:02]
mod6	well, im not in the category. im in the "unwashed masses" category, as mp calls it.	[06:02]
dub	american beer is terrible	[06:02]
mircea_popescu	mod6 im sure you wash.	[06:02]
dub	ask anyone	[06:02]
tiberiusiv	second off, where would a wealthy american really leave too?	[06:02]
smickles	it's fucking close to water	[06:03]
mod6	mircea_popescu: hehe, i do :)	[06:03]
assbot	[HAVELOCK] [VTX] 2 @ 0.3949 = 0.7898 BTC [+]	[06:03]
mircea_popescu	tiberiusiv romania.	[06:03]
tiberiusiv	options are limited	[06:03]
tiberiusiv	dude 80% of romania is a dump	[06:03]
mircea_popescu	so ?	[06:03]
mod6	well, who cares, maybe it wont be if they adopt btc	[06:03]
mircea_popescu	80% of the us is a dump too, what criteria is this	[06:03]
tiberiusiv	its dangerous to be a wealthy none native	[06:03]
smickles	most of earth's surface is water, but i still like living here	[06:03]
jcpham	i want to die on mars secretly	[06:04]
tiberiusiv	US has large diversity to pick from and same language	[06:04]
mircea_popescu	tiberiusiv ya well being stupid and rich is dangerous everywhere.	[06:04]
tiberiusiv	romania also has a high sales tax and income tax	[06:04]
smickles	given the chance to live in shit conditions on mars, i would do it	[06:04]
tiberiusiv	consumer goods are very expensive in RO compared to US	[06:04]
mircea_popescu	are you serious ?	[06:04]
tiberiusiv	yes. im talking about imported goods	[06:05]
dub	this may shock you, but I only have one television	[06:05]
mircea_popescu	...	[06:05]
mod6	here i just saw a kid pay $3.50 for a can of altoids	[06:05]
dub	and its like 36"	[06:05]
mircea_popescu	to get a good car in the us you have to ship it from yurp	[06:05]
mod6	i nearly fell over	[06:05]
mircea_popescu	it's about half price in romania	[06:05]
tiberiusiv	not imports	[06:05]
tiberiusiv	high end cars, electronics etc	[06:05]
tiberiusiv	are not half price in romania	[06:05]
mircea_popescu	china is closer to romania than to the us you know	[06:05]
tiberiusiv	theres a 23% consumption tax alone	[06:05]
tiberiusiv	that means nothing, romania doesnt even have a developed transport network to move goods around	[06:06]
mircea_popescu	there's vat, but you apply it on lower basis and get much better stuff for your money.	[06:06]
tiberiusiv	you realize german cars are cheaper in the US then in germany?	[06:06]
mircea_popescu	you're approaching the problems of infrastructure as if you're a salaried peon.	[06:06]
mircea_popescu	i thought we were discussing the ultrarich here.	[06:06]
tiberiusiv	ultrarich live great in the US	[06:06]
mircea_popescu	tiberiusiv yes, they're cheaper inasmuch as they're made in jersey, and thus only german by name.	[06:06]
tiberiusiv	gated off islands, huge estates in cali	[06:06]
assbot	[HAVELOCK] [VTX] 7 @ 0.3949 = 2.7643 BTC [+]	[06:07]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41384528 = 413.8453 BTC [+]	[06:07]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38510602 = 385.106 BTC [+]	[06:07]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35636677 = 356.3668 BTC [+]	[06:07]
assbot	[MPEX] [S.MPOE] 4214 @ 0.00072101 = 3.0383 BTC [-]	[06:07]
assbot	[MPEX] [S.MPOE] 3750 @ 0.00072032 = 2.7012 BTC [-]	[06:07]
mircea_popescu	if you think a gated off island is a great way to live i guess we see things too differently to discuss this productively.	[06:07]
assbot	[MPEX] [S.MPOE] 5754 @ 0.0007046 = 4.0543 BTC [-]	[06:07]
tiberiusiv	you can safely drive around a ferrari in 70% of the US	[06:08]
dub	^	[06:08]
tiberiusiv	the same is not true for romania	[06:08]
mircea_popescu	how would you know that ?!	[06:08]
tiberiusiv	my friends from there	[06:08]
dub	movies	[06:08]
mircea_popescu	they may be talking a lot of shit.	[06:08]
tiberiusiv	thats how i knew about your city	[06:08]
assbot	[HAVELOCK] [VTX] 33 @ 0.3949 = 13.0317 BTC [+]	[06:08]
tiberiusiv	timisoara is a wealthy region for romania	[06:08]
mircea_popescu	yeah.	[06:08]
tiberiusiv	its more sophisticated too	[06:08]
mircea_popescu	or so they like to think	[06:09]
tiberiusiv	the rest of the place has high levels of poverty	[06:09]
mircea_popescu	not really the case, but anyway	[06:09]
mircea_popescu	so does detroit. wtf.	[06:09]
tiberiusiv	mircea: an ultra rich american has no real incentive to leave the US	[06:09]
mircea_popescu	on one hand you're telling me about these elusive cali estates (0.001% of us)	[06:09]
assbot	[HAVELOCK] [VTX] 16 @ 0.3949 = 6.3184 BTC [+]	[06:09]
mircea_popescu	on the other hand you impugn imaginary problems with romania on the grounds that it's not all level	[06:09]
mircea_popescu	tiberiusiv yes, he does.	[06:10]
tiberiusiv	mircea: tell me what the ultra rich is gaining leaving the US?	[06:10]
mircea_popescu	or else all the ones i know dropping it since 2005 or so are silly.	[06:10]
Namworld	tiberius has hard set views about how people lives in various place of the world and living costs.	[06:10]
mod6	tiberiusiv: there are lots of super rich people here who renounce their citizenship and leave for a tax-haven like the bahamas or whatever.	[06:10]
tiberiusiv	dude bahamas you cannot own GOODS	[06:10]
tiberiusiv	they have duties of like 500%	[06:10]
mircea_popescu	tiberiusiv the problem with the us is that it contains ~200mn unskilled, hungry, entitled doods.	[06:10]
mircea_popescu	you don't want to be aroundwhen shtf.	[06:10]
dub	an interesting thing about americans is how few of them travel	[06:10]
assbot	[HAVELOCK] [VTX] 33 @ 0.3949 = 13.0317 BTC [+]	[06:11]
tiberiusiv	mod6: renouncing your citizenship to sit in the bahmas only makes sense if 100% of your income comes from capital gains	[06:11]
mircea_popescu	let me put it in the following perspective : american guy making 1300 usd a month (mostly govt aid, he doesn't work for it) is sitting around listening to angry music and glaring at passerbys because "he's been cheated".	[06:11]
tiberiusiv	dividend income is still withheld from 99% of countries by up to 30%	[06:11]
mod6	tiberiusiv: maybe the bahamas was a bad example. im not rich enough to know better really.	[06:11]
mod6	i couldn't care less.	[06:11]
mircea_popescu	romanian guy making ~500 usd a month is going out and fixing the park benches in his spare time with his own tools.	[06:11]
mircea_popescu	nobody rich wants to hang around with idiots.	[06:12]
mircea_popescu	that's the incentive.	[06:12]
tiberiusiv	micrea: romanian government is too poor to run an effective welfare state	[06:12]
tiberiusiv	they dont in the US	[06:12]
tiberiusiv	thats why they all live in guarded and secluded areas	[06:12]
mircea_popescu	right. seclusion sucks.	[06:12]
tiberiusiv	the ultra rich dont mingle with the commoners lol	[06:12]
mircea_popescu	better off move to somewhere where the idiots are still kept at a low roar by the traditional means of stepping on head.	[06:13]
tiberiusiv	listen youd need to hire an army of security personal in romania	[06:13]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41384528 = 413.8453 BTC [+]	[06:13]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38510602 = 385.106 BTC [+]	[06:13]
tiberiusiv	theres a reason romanians have a bad reputation throughout the EU	[06:13]
mircea_popescu	it's funny, cause i'm over here and you're over there.	[06:13]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35636677 = 356.3668 BTC [+]	[06:13]
assbot	[HAVELOCK] [VTX] 1 @ 0.3949 BTC [+]	[06:13]
mircea_popescu	yet you're definitively telling me shit ?!	[06:14]
tiberiusiv	if anyone got a whiff of your wealth youd kidnapped	[06:14]
tiberiusiv	mircea: you can blend in	[06:14]
mircea_popescu	sigh.	[06:14]
tiberiusiv	you are a native speaker	[06:14]
mircea_popescu	listen, there's plenty of rich people. everybody knows.	[06:14]
mircea_popescu	there hasn't been a kidnapping in romania since i dunno, years ago.	[06:14]
*	fulluser20 has quit (Ping timeout: 245 seconds)	[06:14]
tiberiusiv	yes romanians	[06:14]
mircea_popescu	no dude. italians, germans	[06:14]
mircea_popescu	take your pick.	[06:14]
tiberiusiv	hardened by 70 years of communism and system manipulation	[06:14]
tiberiusiv	that nobody fucks with	[06:14]
assbot	[HAVELOCK] [SDICE] 1 @ 0.4679999 BTC [-]	[06:15]
mircea_popescu	i think you're basically caught in a novel	[06:15]
smickles	face it mircea, your country sucks	[06:15]
mircea_popescu	lol	[06:15]
tiberiusiv	you still didnt tell me any incentive that romania offers	[06:15]
mircea_popescu	it sucks, but not for the reasons he thinks	[06:15]
tiberiusiv	why would i move to a place that charges me 23% to buy products?	[06:15]
mircea_popescu	i told you about a dozen, but somehow it doesn't stick.	[06:15]
mircea_popescu	because you'd rather pay 1.23 dollars for a pound of excellent cheese	[06:15]
jcpham	it sucks because he's alienated and alone	[06:16]
tiberiusiv	so i pay a 23% premium to watch a poor guy paint a park bench	[06:16]
jcpham	no peers	[06:16]
mircea_popescu	than 6.50 for a pound of whatever you have there.	[06:16]
jcpham	all he has a re hot women	[06:16]
jcpham	and it is so boring	[06:16]
tiberiusiv	yes but a car costs 50% more	[06:16]
mircea_popescu	nope.	[06:16]
benkay	wat	[06:16]
mircea_popescu	a car actually costs ~30% less.	[06:16]
tiberiusiv	mircea: compare new car prices	[06:16]
mircea_popescu	(than europe. prolly 50% less than the us)	[06:16]
tiberiusiv	what the dacia? lol	[06:16]
tiberiusiv	dude that is pure bs	[06:16]
mircea_popescu	next he's gonna tell me that a limited series lamborghini costs the same everywhere ;/	[06:17]
tiberiusiv	http://www.mercedes-benz.ro/content/romania/mpc/mpc_romania_website/rong/home_mpc/passengercars/home/new_cars/models/e-class/_w212/configurator/configurator.html?tp_ccci=/dsc_ro/globalsessionid/DSC_ro3E2D3232336E3B7BFF333A6301020900/dsc_locale/ro_RO/appId/DSC_ro/siteLocale/ro_RO/P3501ViewBean.jam1%3bjsessionid=0000iBB1YEY0PeDNC29nXrqoZkJ:16pcreqrr#_int_passengercars:home:model-navi:configurator	[06:17]
tiberiusiv	E350 gasoline is 55400 euros in romania	[06:18]
assbot	[HAVELOCK] [VTX] 7 @ 0.3976 = 2.7832 BTC [+]	[06:18]
tiberiusiv	in the united states its 51k USD	[06:19]
smickles	who pays list price for a car?	[06:19]
tiberiusiv	25k price difference	[06:19]
assbot	[HAVELOCK] [VTX] 8 @ 0.3976 = 3.1808 BTC [+]	[06:19]
tiberiusiv	add even average US sales tax of 6%	[06:19]
mircea_popescu	http://mercedes.anunturi-auto.4tuning.ro/anunturi-auto/masini-second/mercedes-e-220-impecabila-11871957.html	[06:19]
assbot	[HAVELOCK] [VTX] 1 @ 0.3976 BTC [+]	[06:19]
mircea_popescu	6k euros.	[06:19]
tiberiusiv	the US is the cheapest consumer good market in the world	[06:19]
tiberiusiv	thats the benefit of reserve status	[06:19]
mircea_popescu	look, you wanna believe that, believe that.	[06:19]
mircea_popescu	i've been there, i've been here, itdoesn't figure like you think.	[06:20]
tiberiusiv	dude they dont even sell the 220 in the US	[06:20]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1099 BTC [+]	[06:20]
tiberiusiv	thats like what taxis drive in europe	[06:20]
mircea_popescu	yeah...	[06:20]
tiberiusiv	6k euros for a high mileage old benz?	[06:20]
tiberiusiv	BASE model?	[06:20]
assbot	[BTCTC] [ASICMINER-PT] 97 @ 0.85888 = 83.3114 BTC [+]	[06:20]
mircea_popescu	you've successfuly railroaded this discussion into perhaps the most irrelevant possible corner.	[06:21]
tiberiusiv	which you have to pay romanian road tax on	[06:21]
assbot	[BTCTC] [ASICMINER-PT] 20 @ 0.85889 = 17.1778 BTC [+]	[06:21]
tiberiusiv	if your engine is too large	[06:21]
jcpham	twss	[06:21]
tiberiusiv	romania is cheaper only for basic staples	[06:21]
assbot	[HAVELOCK] [VTX] 3 @ 0.3976 = 1.1928 BTC [+]	[06:21]
assbot	[BTCTC] [ASICMINER-PT] 20 @ 0.85896 = 17.1792 BTC [+]	[06:21]
tiberiusiv	ie rent, groceries	[06:21]
mircea_popescu	romania is cheaper for everything that matters, pretty much.	[06:21]
tiberiusiv	considering the average salary is 1/15th of the US	[06:21]
mircea_popescu	as in, you couldn't replicate what counts as a "normal" diet here in the us without 10k a month	[06:22]
tiberiusiv	well i agree to that	[06:22]
tiberiusiv	healthy food in north america is expensive	[06:22]
mircea_popescu	i happen top not care what cars cost mostly because i hire a driver with his car and gas for ~100 bux per day or some shit	[06:22]
mircea_popescu	i can keep three on call and not even notice it particularly.	[06:22]
tiberiusiv	100 per day im driving a ferrari in the US	[06:22]
mircea_popescu	im not driving.	[06:22]
mod6	no way	[06:23]
tiberiusiv	considering the monthly payments are 2500	[06:23]
mircea_popescu	he's driving.	[06:23]
mod6	not even a rental with the insurance	[06:23]
mircea_popescu	and waits for me and carries my bags and whatever the fuck else.	[06:23]
tiberiusiv	mod6: you can finance a ferrari in the US for 2-3k a month	[06:23]
mircea_popescu	basically you get a motorized butler.	[06:23]
tiberiusiv	what car is he showing up in?	[06:23]
mircea_popescu	i dunno, whatever. you can actually demand a specific make, but i never cared.	[06:24]
mod6	wow. what a waste of money those high end cars are.	[06:24]
tiberiusiv	you know you can rent a brand new car in the US	[06:24]
tiberiusiv	for $20 a day	[06:24]
mircea_popescu	yes.	[06:24]
mircea_popescu	how much for the driver ?	[06:24]
tiberiusiv	and easily hire a driver for $60	[06:24]
benkay	bahaha	[06:24]
mircea_popescu	a day ?	[06:24]
tiberiusiv	provided you give him the car	[06:24]
tiberiusiv	yes	[06:24]
benkay	less than ten dollars an hour	[06:25]
mircea_popescu	i think what happens here is that you're comparing things wrongly in the following sense :	[06:25]
benkay	for professional service	[06:25]
tiberiusiv	100 a day is alot	[06:25]
benkay	you are out of your mind	[06:25]
mircea_popescu	you probably get some deals over there and you take that as a basis. which isn't a basis.	[06:25]
mircea_popescu	then you imagine stuff here is book price, which it isn't.	[06:25]
mircea_popescu	this somehow comes out like it's 0.35% more here than there.	[06:25]
mircea_popescu	well... not the facts on the ground, no.	[06:25]
tiberiusiv	imported products(quality luxury items) are more expensive in RO then US	[06:25]
tiberiusiv	theres no comparison	[06:25]
mircea_popescu	i mean sure, while i was in ny i had free car service and two doods with shotguns	[06:26]
tiberiusiv	staples are agreeably cheaper	[06:26]
mircea_popescu	i didn't pay a cent, but that doesn't mean ny is free.	[06:26]
tiberiusiv	what about access to weapons?	[06:26]
mircea_popescu	what about it ?	[06:26]
tiberiusiv	with a drivers license i can be armed to the teeth in 1 day	[06:27]
mircea_popescu	yeah, and be shot by next morning.	[06:27]
tiberiusiv	in about 30% of the states	[06:27]
assbot	[HAVELOCK] [VTX] 2 @ 0.3976 = 0.7952 BTC [+]	[06:27]
mircea_popescu	in romania you'd take about a week to find someone with a working firearm.	[06:27]
mircea_popescu	the police don't get live rounds, they just carry the empty pistols around.	[06:27]
tiberiusiv	lol	[06:27]
tiberiusiv	fuck off?	[06:27]
mod6	lol, thats almost as good as the japaneese police with their whistles.	[06:27]
mircea_popescu	i am serious.	[06:28]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41401404 = 414.014 BTC [+]	[06:28]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38528302 = 385.283 BTC [+]	[06:28]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.356552 = 356.552 BTC [+]	[06:28]
tiberiusiv	i agree US police are bad	[06:28]
tiberiusiv	kill you over speeding	[06:28]
mod6	DONT MAKE ME HIT YOU WITH THIS!	[06:28]
mod6	hahah	[06:28]
mircea_popescu	mod6 about a decade ago in the cluj airport i confiscated a chick's weapon	[06:28]
mircea_popescu	cause she was an idiot.	[06:28]
mircea_popescu	(they had just introduced females into the force at the time)	[06:28]
mircea_popescu	her boss was pissed (at her)	[06:29]
tiberiusiv	is the VTX ipo below offer price?	[06:29]
mircea_popescu	they run a strange dual book thing.	[06:29]
mircea_popescu	you gotta specifically buy from the ipo book	[06:29]
mod6	so you just were like, "you're not doing it right..." and just disarmed her?	[06:30]
tiberiusiv	cavirtex cashouts are extremely fast	[06:30]
mircea_popescu	mod6 she was not protecting her backside. i just went behind her, waited for like five seconds, then took her unsecured gun	[06:30]
Namworld	yeah, I like cavirtex	[06:30]
mircea_popescu	off her hip	[06:30]
mod6	LOL	[06:30]
mircea_popescu	yeah	[06:30]
mod6	bravo	[06:30]
mod6	no wonder the the CO was pissed	[06:31]
tiberiusiv	Share price: $30 CAD = 0.64 BTC5	[06:31]
tiberiusiv	ipo is at 0.39?	[06:31]
mircea_popescu	i was like wtf you numnuts, what if this was loaded and i wiped the floor with the lot of you nao	[06:31]
mircea_popescu	mod6 actually let me see if i can find this	[06:31]
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mircea_popescu	mod6 http://stirileprotv.ro/stiri/actualitate/video-incidente-inainte-de-meciul-steaua-dinamo-jandarmii-au-intervenit-in-forta.html	[06:32]
mircea_popescu	they lose the damned things all the time	[06:32]
mod6	nice	[06:32]
tiberiusiv	mircea: ultra rich americans tend to be either WASPs or jewish, and neither group likes to be around people much	[06:32]
mircea_popescu	title is "that awkward moment when a police guy loses his gun while handling arrests"	[06:33]
assbot	[HAVELOCK] [VTX] 10 @ 0.3973 = 3.973 BTC [-]	[06:33]
mircea_popescu	tiberiusiv yeah well... i like being around people.	[06:33]
tiberiusiv	hence why they build their boarded up enclaves	[06:33]
mircea_popescu	it's an unsanitary way of life.	[06:33]
tiberiusiv	it is strange	[06:33]
assbot	[HAVELOCK] [VTX] 99 @ 0.3973 = 39.3327 BTC [-]	[06:33]
*	benkay (~benkay@c-71-193-200-93.hsd1.or.comcast.net) has joined #bitcoin-assets	[06:33]
mircea_popescu	i mean... basically they're in prison. fuck that.	[06:34]
tiberiusiv	self imposed exile	[06:34]
*	mod6 is watching vid..	[06:34]
mircea_popescu	i'll go to anywhere i want and strike up a chat with anyone i want. pick up a street walker if i feel like it and go watch the game with her.	[06:34]
tiberiusiv	spend most of their days worrying about losing the wealth	[06:34]
mircea_popescu	no way to live.	[06:34]
tiberiusiv	lol that is never occuring in north america	[06:34]
mircea_popescu	yes well...	[06:34]
tiberiusiv	youd be arrested	[06:35]
mircea_popescu	i'll tell you, part of what i did in the us was this cross country by bus thing	[06:35]
mircea_popescu	let me find this article	[06:35]
mircea_popescu	cause it's a funny story.	[06:35]
tiberiusiv	americans are approachable but its mostly a business type relationship	[06:35]
mircea_popescu	http://polimedia.us/trilema/2011/are-you-a-muslim/	[06:36]
mircea_popescu	it's in romanian, if gt fails horribly i guess i'll have to translate it myself.	[06:36]
smickles	i'll say american area approachable, go up to one on thier porch with a smile and a friendly greeting in the dark of night, 3/5 times i get a beer doing that	[06:36]
mircea_popescu	youd be arrested << what i did earlier today was take a chick along for a nude stroll down the riverwalk.	[06:37]
smickles	*americans are	[06:37]
dub	did he try to sell any idiot being able to arm themselves to the teeth instantaneously as a good thing?	[06:37]
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mod6	(21:34) < mircea_popescu> i'll go to anywhere i want and strike up a chat with anyone i want. pick up a street walker if i feel like it and go watch the game with her. << the sign of a true travel bug	[06:38]
mod6	its awesome to go new places and just chat up random people	[06:39]
mircea_popescu	mod6 when i landed in costa rica i didn't speak spanish.	[06:39]
mircea_popescu	i went to the local uni, found the english dept, picked up a chick wirth nice hooters	[06:39]
mircea_popescu	she got me an apt (for reasonable rent, causer it helps if you're local obviously)	[06:40]
mod6	nice :)	[06:40]
mod6	its a good way to learn the lang and exp the culture.. just immerse yourself.	[06:40]
tiberiusiv	so is havelock a legit exchange?	[06:40]
dub	chick with nice hooters eh.. sounds like a fatty	[06:41]
mircea_popescu	dub she was a little heavy in the rump ya	[06:41]
tiberiusiv	on the deposit bitcoins page i see nothing?	[06:41]
tiberiusiv	is it my browser	[06:41]
mod6	have you seen spanish chicks? some of em got a nice rack of titty and are totally thin	[06:41]
mircea_popescu	tiberiusiv nobody's come forth with proof otherwise so far.	[06:41]
mircea_popescu	mod6 this one was well rounded.	[06:41]
mod6	they come in all shapes and sizes i guess.	[06:42]
assbot	[HAVELOCK] [VTX] 7 @ 0.3973 = 2.7811 BTC [-]	[06:42]
mod6	i learned a lot of my spanish in mexico just traveling around.	[06:42]
mod6	then i kinda took it more formally later on.	[06:42]
dub	spanish chicks, ew	[06:42]
mod6	but travel is amazing, and all the americans who are too fat or busy watching the kardashians to go out and check out the rest of the planet are dumb.	[06:42]
mircea_popescu	dub y so picky mang ?	[06:43]
dub	well spain in general is ew	[06:43]
dub	I remember a chick in business attire squatting down and taking a dump in the gutter	[06:44]
dub	downtown bilbao	[06:44]
assbot	[HAVELOCK] [VTX] 5 @ 0.3973 = 1.9865 BTC [-]	[06:44]
assbot	[HAVELOCK] [VTX] 2 @ 0.3973 = 0.7946 BTC [-]	[06:44]
mod6	lol dub	[06:45]
*	Garr255_Lappy (~textual@67.128.106.190) has joined #bitcoin-assets	[06:45]
dub	also getting boils from swimming in the sea	[06:45]
mircea_popescu	clearly spain is therefore broken.	[06:46]
mircea_popescu	but for my curiosity : naked teensy chick next to you was covered in her own vomit six hours ago at what they call "a party".	[06:46]
mircea_popescu	is she unfuckable now even tho she's showered since ?	[06:46]
smickles	mircea_popescu: http://i.imgur.com/oaJhsoO.jpg	[06:46]
mircea_popescu	ahahah	[06:47]
mircea_popescu	dude it was nothing like that, it was more like slapping her butt	[06:47]
mod6	nice smickles	[06:47]
mod6	lol slapped her ass and grabbed her gat	[06:47]
mircea_popescu	anyway. romania is just not a very weapon centric culture. i have no objection with the notions of safety applicable to the us and its citizens, but it's not universal	[06:49]
mircea_popescu	ie, "add guns" is not the universal path to improving safety in absolutely any circumstance, place or time.	[06:49]
tiberiusiv	ex communist countries tend to be none weapon based	[06:49]
tiberiusiv	except for czech republic	[06:49]
tiberiusiv	weapons were banned under communist rule for a reason.	[06:50]
mod6	lol they always are	[06:50]
mircea_popescu	how were they banned ? everyone got trained to use them whether like it or not	[06:50]
mircea_popescu	men and women.	[06:50]
tiberiusiv	private ownership was banned	[06:50]
*	the-bucket-shop has quit (Quit: the-bucket-shop)	[06:50]
mod6	oh...hmm i thought they get rid of that shit so people don't outright revolt	[06:50]
mircea_popescu	not rly.	[06:50]
mircea_popescu	my father owned a bunch of guns	[06:50]
tiberiusiv	you talking about the slave army everyone had to join	[06:51]
dub	mircea_popescu: yeah those are dealbreakers on spain	[06:51]
*	the-bucket-shop (~the-bucke@c-76-102-197-149.hsd1.ca.comcast.net) has joined #bitcoin-assets	[06:51]
mircea_popescu	tiberiusiv the us had the draft for a while too you know.	[06:51]
dub	i need a usable ocean	[06:51]
tiberiusiv	yes i know	[06:51]
assbot	[HAVELOCK] [VTX] 100 @ 0.3955 = 39.55 BTC [-]	[06:51]
mod6	the U.S. has had the draft many times	[06:51]
mircea_popescu	incidentally, im all for the slave army.	[06:51]
mircea_popescu	it'd do a world of good to eu and us youth right now,	[06:51]
mircea_popescu	being forced to push rocks for a year	[06:51]
mircea_popescu	and beaten weekly.	[06:51]
*	benkay has quit (Quit: benkay)	[06:51]
tiberiusiv	militia is the best	[06:52]
tiberiusiv	switzerland and original US	[06:52]
assbot	[HAVELOCK] [VTX] 25 @ 0.3955 = 9.8875 BTC [-]	[06:52]
tiberiusiv	isnt it odd how the wealthiest state in the EU is also the most pro gun?	[06:52]
assbot	[HAVELOCK] [VTX] 16 @ 0.3955 = 6.328 BTC [-]	[06:52]
tiberiusiv	and the poorest the most anti?	[06:52]
mircea_popescu	it's only the wealthiest state cause it had enough sense to not join the euro	[06:53]
mod6	i kinda like the idea of the militia too, but it turns out that they never fought very well in the revolution until Cowpens	[06:53]
assbot	[HAVELOCK] [VTX] 2 @ 0.3955 = 0.791 BTC [-]	[06:53]
mircea_popescu	and britain ain't the poorest.	[06:53]
assbot	[HAVELOCK] [VTX] 6 @ 0.3955 = 2.373 BTC [-]	[06:53]
mod6	they were backed up against the river, and seen enough battles to finally face the brits head on	[06:53]
mod6	...	[06:53]
tiberiusiv	a highly armed population is ideal	[06:54]
assbot	[HAVELOCK] [VTX] 2 @ 0.3955 = 0.791 BTC [-]	[06:54]
mod6	http://en.wikipedia.org/wiki/Battle_of_Cowpens	[06:54]
mircea_popescu	it depends on the culture tiberiusiv	[06:54]
tiberiusiv	agreed	[06:54]
assbot	[HAVELOCK] [VTX] 200 @ 0.3955 = 79.1 BTC [-]	[06:54]
Bowjob	wow, VTX is selling like crazy	[06:55]
Namworld	509 units remaining	[06:55]
smickles	a	[06:56]
tiberiusiv	trying to get my btc transffered in time	[06:56]
assbot	[HAVELOCK] [VTX] 3 @ 0.3955 = 1.1865 BTC [-]	[06:56]
tiberiusiv	vtx is fast fast withdraws	[06:56]
Bowjob	so its gonna be cavirtex vs coinlab?	[06:56]
tiberiusiv	cavirtex is for canadians	[06:56]
tiberiusiv	they dont really have none canadian cashout options do they?	[06:57]
Bowjob	well it says coinlab's gonna deal with canadians too	[06:57]
tiberiusiv	cavritex has a bank draft to your door in 2days, or a direct deposit in under 24hrs up to 30k	[06:57]
tiberiusiv	i doubt mtgox can match that	[06:57]
mircea_popescu	hopefully they managwe to get their banking partnerships in order.	[06:57]
mircea_popescu	5k btc should go a little that way.	[06:58]
the-bucket-shop	did mtgox stop talking or is it just me?	[06:58]
mircea_popescu	it was on/off all day	[06:58]
the-bucket-shop	thanks	[06:58]
tiberiusiv	mircea: do you honestly believe btc will be 1k?	[06:58]
mircea_popescu	eventually ? sure.	[06:58]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35664457 = 356.6446 BTC [+]	[06:58]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38537148 = 385.3715 BTC [+]	[06:58]
assbot	[MPEX] [O.BTCUSD.C410T] 1000 @ 0.41409839 = 414.0984 BTC [+]	[06:58]
*	TheSeven has quit (Disconnected by services)	[06:59]
*	[7] (~quassel@rockbox/developer/TheSeven) has joined #bitcoin-assets	[06:59]
Bowjob	it should be much more than 1k, actually	[06:59]
tiberiusiv	can you send transfers out of bitcoin wallet while your blockchain isnt fully updated	[06:59]
mircea_popescu	prolly they won't go.	[06:59]
Bowjob	if it reaches high enough price, trading btc for fiat will be a seen as a shit move	[07:00]
assbot	[HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]	[07:01]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:02]
assbot	[HAVELOCK] [VTX] 2 @ 0.3922 = 0.7844 BTC [-]	[07:02]
assbot	[HAVELOCK] [VTX] 13 @ 0.3922 = 5.0986 BTC [-]	[07:02]
assbot	[HAVELOCK] [VTX] 25 @ 0.3922 = 9.805 BTC [-]	[07:04]
assbot	[HAVELOCK] [VTX] 200 @ 0.3922 = 78.44 BTC [-]	[07:04]
*	B0g4r7 has quit (Ping timeout: 276 seconds)	[07:04]
assbot	[HAVELOCK] [VTX] 10 @ 0.3922 = 3.922 BTC [-]	[07:05]
assbot	[HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]	[07:05]
assbot	[HAVELOCK] [VTX] 200 @ 0.3922 = 78.44 BTC [-]	[07:05]
Namworld	45 units remaining	[07:05]
Bowjob	I'm impressed they got the ipo sold that fast	[07:05]
Bowjob	anyone bought VTX?	[07:05]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:05]
assbot	[HAVELOCK] [VTX] 20 @ 0.3922 = 7.844 BTC [-]	[07:06]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:06]
assbot	[HAVELOCK] [VTX] 2 @ 0.3922 = 0.7844 BTC [-]	[07:06]
assbot	[HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]	[07:06]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:06]
tiberiusiv	damn i missed it then	[07:06]
Namworld	Yeah, I did. I'm canadian. I happen to be a regular user.	[07:07]
tiberiusiv	will it trade at havelock	[07:07]
tiberiusiv	as a fund?	[07:07]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:07]
Bowjob	i watched the video, they will offer 12% per year on their bitcoin short fund	[07:07]
assbot	[HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]	[07:07]
Namworld	I guess so.	[07:08]
mircea_popescu	probably will trade yeah	[07:08]
tiberiusiv	no i meant the VTX shares	[07:08]
mircea_popescu	!ticker havelock vtx	[07:08]
Bowjob	yeap	[07:08]
assbot	[HAVELOCK:VTX] 1D: 0.38280000 / 0.39364479 / 0.43320000 (9867 shares, 3884.09310000 BTC), 7D: 0.38280000 / 0.39427952 / 0.46140000 (9991 shares, 3939.24670000 BTC), 30D: 0.38280000 / 0.39427952 / 0.46140000 (9991 shares, 3939.24670000 BTC)	[07:08]
Bowjob	im sure some people will want to flip the shares	[07:08]
mircea_popescu	pretty well done.	[07:08]
Bowjob	300k in capital in a day	[07:08]
Bowjob	wow	[07:08]
assbot	[HAVELOCK] [VTX] 13 @ 0.3922 = 5.0986 BTC [-]	[07:08]
Bowjob	havelock ipos have always done extremely well	[07:09]
Namworld	Yeah	[07:09]
Bowjob	the mining fund when it first got out was 4.6 something btcs	[07:09]
*	B0g4r7 (natty@190.sub-75-192-125.myvzw.com) has joined #bitcoin-assets	[07:09]
Bowjob	traded to 20 bucks on today;'s prices	[07:09]
Bowjob	they pre ordered with bfl, unfortunately	[07:09]
Bowjob	lol	[07:09]
mircea_popescu	ouch.	[07:09]
assbot	[HAVELOCK] [HIM] 7 @ 1.99 = 13.93 BTC [+]	[07:10]
mircea_popescu	ahh, it's so wunderbar to see how far bicoin finance has come since march 2012	[07:10]
mircea_popescu	maybe we'll survive overall.	[07:10]
jcpham	doubtful	[07:10]
Bowjob	so mp, whats your take on ianbakewell	[07:10]
Bowjob	i thought he was legit	[07:10]
Namworld	Bowjob: HIM was trading at 4 BTC you say?	[07:11]
Bowjob	yeah in the beginning	[07:11]
Bowjob	before the split	[07:11]
jcpham	i'm not convinced intelligence or quality thereof increases witht the number of participants	[07:11]
Bowjob	it was 4.6 something back in june	[07:11]
Namworld	So it's now trading at 20	[07:11]
Bowjob	and no one bought it	[07:11]
Bowjob	yeah	[07:11]
Namworld	20 BTC	[07:11]
mircea_popescu	Bowjob i thought he was legit too.	[07:12]
mircea_popescu	the idea of shorting whatever the hell tho....	[07:12]
mircea_popescu	people figure themselves qualified to do things they're not just because.	[07:12]
Namworld	I want to short HIM	[07:12]
mircea_popescu	it ends in tears usually, but they don't learn cause there's an endless reservoir of new ones.	[07:12]
Bowjob	his face, name, everything is online	[07:13]
Bowjob	i was actually considering lending him 100, but then i decided not to in the end	[07:13]
Bowjob	so its 3 payment dates that he missed	[07:14]
assbot	[MPEX] [O.BTCUSD.C430T] 1000 @ 0.38783812 = 387.8381 BTC [+]	[07:14]
assbot	[MPEX] [O.BTCUSD.C450T] 1000 @ 0.35922594 = 359.2259 BTC [+]	[07:14]
Bowjob	safe to say he ran away	[07:14]
assbot	[HAVELOCK] [VTX] 1 @ 0.44888888 BTC [+]	[07:15]
assbot	[HAVELOCK] [VTX] 19 @ 0.44979998 = 8.5462 BTC [+]	[07:15]
Bowjob	Wow, people are starting to flip VTX now	[07:16]
assbot	[HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]	[07:16]
assbot	[HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]	[07:16]
assbot	[HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]	[07:16]
*	dust-otc (~dust-otc@unaffiliated/dust-otc) has joined #bitcoin-assets	[07:16]
assbot	[HAVELOCK] [VTX] 7 @ 0.44979998 = 3.1486 BTC [+]	[07:17]
Bowjob	LTC down to 0.005, same old gutter	[07:17]
mircea_popescu	aww	[07:17]
assbot	[HAVELOCK] [VTX] 1 @ 0.44888888 BTC [-]	[07:18]
Bowjob	I briefly rode the LTC train	[07:18]
assbot	[HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]	[07:19]
Bowjob	then dumped when before it went crashing	[07:19]
*	Diablo-D3 (~diablo@pool-70-16-109-241.port.east.myfairpoint.net) has joined #bitcoin-assets	[07:19]
Namworld	neat	[07:20]
Diablo-D3	whats neat	[07:21]
assbot	[MPEX] [O.BTCUSD.C430T] 4 @ 0.38792585 = 1.5517 BTC [+]	[07:21]
assbot	[MPEX] [O.BTCUSD.C450T] 883 @ 0.35931775 = 317.2776 BTC [+]	[07:21]
mircea_popescu	im guessing goat rode it all the way lol	[07:21]
Namworld	that he rode LTC before the crash	[07:21]
Namworld	He's probably sleeping with all his BTC	[07:22]
Diablo-D3	goat is rich now?	[07:22]
Namworld	LTC*	[07:22]
Namworld	idk but he has money	[07:22]
Diablo-D3	wait, he rode it the whole way down dr strangelove style?	[07:22]
Bowjob	goat took some prifits	[07:22]
Bowjob	*profits	[07:22]
Diablo-D3	or did he ride it and then jump out of the car before it went over the cliff, hanging on by a tree root	[07:22]
Bowjob	but rode the rest down	[07:22]
Diablo-D3	Bowjob: damn	[07:23]
Diablo-D3	the trick is to know when to get out	[07:23]
Bowjob	I bought ont he way up, I jumped just in time	[07:23]
Bowjob	yah	[07:23]
Diablo-D3	like those btc I sold because I needed to?	[07:23]
Bowjob	the trollbox are now consoling each other	[07:23]
Diablo-D3	I wish ihaddent	[07:23]
assbot	[HAVELOCK] [SDICE] 1 @ 0.45000001 BTC [+]	[07:24]
jcpham	i've only sold about 20 btc in 3 months	[07:24]
Diablo-D3	I sold some at $3x	[07:24]
assbot	[HAVELOCK] [SDICE] 8 @ 0.45 = 3.6 BTC [-]	[07:25]
Bowjob	"jubalix: BTC will fall, and the herd will mass in to cheap LTC"	[07:25]
jcpham	i've moved 5x out of my wallets into cold cold cold storage	[07:25]
Bowjob	Oh, trollbox. I love you	[07:25]
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assbot	[BTCTC] [BTC-BOND] 32 @ 0.009899 = 0.3168 BTC [-]	[07:33]
assbot	[HAVELOCK] [SDICE] 5 @ 0.45 = 2.25 BTC [-]	[07:36]
assbot	[HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]	[07:36]
tiberiusiv	anybody lending BTCs to fiat users deserves losses	[07:45]
assbot	[MPEX] [O.BTCUSD.C370T] 1000 @ 0.47382561 = 473.8256 BTC [+]	[07:47]
assbot	[HAVELOCK] [SDICE] 40 @ 0.45 = 18 BTC [-]	[07:48]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.841 BTC [-]	[07:48]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.841 BTC [-]	[07:48]
assbot	[HAVELOCK] [SDICE] 39 @ 0.45 = 17.55 BTC [-]	[07:49]
assbot	[HAVELOCK] [SDICE] 1 @ 0.44000002 BTC [-]	[07:49]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.84 = 1.68 BTC [-]	[07:49]
*	DeaDTerra (~DeaDTerra@226.169.216.81.static.apv.siw.siwnet.net) has joined #bitcoin-assets	[07:49]
*	Bugpowder (4c5f118e@gateway/web/freenode/ip.76.95.17.142) has joined #bitcoin-assets	[07:52]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8349 BTC [-]	[07:53]
assbot	[BTCTC] [ASICMINER-PT] 12 @ 0.8346 = 10.0152 BTC [-]	[07:53]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.8345 = 1.669 BTC [-]	[07:53]
Bugpowder	!ticker m s.dice	[07:55]
assbot	[MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)	[07:55]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8312 BTC [-]	[07:56]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.831001 = 1.662 BTC [-]	[07:56]
assbot	[BTCTC] [BITVPS] 20 @ 0.004 = 0.08 BTC [+]	[07:57]
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assbot	[MPEX] [O.BTCUSD.C370T] 1000 @ 0.47420263 = 474.2026 BTC [+]	[08:08]
mircea_popescu	heh. no confidence in btc anymore!	[08:11]
assbot	[BTCTC] [S.DICE-PT] 65 @ 0.00486 = 0.3159 BTC [+]	[08:11]
mircea_popescu	;;ticker	[08:11]
gribble	BTCUSD ticker \| Best bid: 71.59000, Best ask: 71.78495, Bid-ask spread: 0.19495, Last trade: 72.00001, 24 hour volume: 92534.71730364, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.40441	[08:11]
error4733	please bugpowder don't do that	[08:12]
assbot	[HAVELOCK] [VTX] 1 @ 0.4498 BTC [+]	[08:16]
assbot	[HAVELOCK] [VTX] 12 @ 0.45 = 5.4 BTC [+]	[08:17]
Bowjob	;;ticker	[08:17]
gribble	BTCUSD ticker \| Best bid: 71.59000, Best ask: 72.00000, Bid-ask spread: 0.41000, Last trade: 72.23273, 24 hour volume: 92504.93940713, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.41054	[08:17]
assbot	[BTCTC] [S.DICE-PT] 2 @ 0.00486 = 0.0097 BTC [+]	[08:17]
assbot	[BTCTC] [CRYPTO-TRADE] 3 @ 0.1821 = 0.5463 BTC [-]	[08:20]
assbot	[MPEX] [O.BTCUSD.C470T] 2 @ 0.33147579 = 0.663 BTC [+]	[08:22]
assbot	[MPEX] [O.BTCUSD.C370T] 94 @ 0.47435328 = 44.5892 BTC [+]	[08:23]
Bugpowder	WHAT?	[08:24]
Bugpowder	My C490s and C510s are more than making up for the S.DICE disaster	[08:24]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [+]	[08:24]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.872 = 2.616 BTC [+]	[08:24]
Bowjob	eh.. disaster?	[08:25]
Bowjob	did you go back to dice?	[08:25]
tiberiusiv	its very good news if cavirtex gets a short fund going	[08:25]
mircea_popescu	what disater was tht ?	[08:25]
Bowjob	I jumped ship at 0.0075	[08:25]
Bugpowder	Bullshit Bowjob	[08:25]
Bowjob	i got out of it in time, no bs	[08:26]
Bugpowder	If this wall gets eaten... Total bear capitulation.	[08:26]
Bugpowder	http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png	[08:26]
Bowjob	ive already seen that s.dice will drop in price in the future, months ago	[08:27]
Bowjob	https://bitcointalk.org/index.php?topic=135760.0	[08:27]
tiberiusiv	dice is a great asset to own	[08:27]
assbot	[BTCTC] [BTC-GOLD] 3 @ 0.00125 = 0.0038 BTC [-]	[08:27]
the-bucket-shop	why tiberiusiv?	[08:28]
Namworld	Because most BTC transactions are gambling on SatoshiDice?	[08:28]
tiberiusiv	pays out a great income?	[08:28]
Namworld	That too	[08:28]
tiberiusiv	is addicting?	[08:28]
tiberiusiv	has almost no operating costs	[08:28]
mircea_popescu	Bowjob : "Shares are 0.00475 BTC"	[08:29]
mircea_popescu	guess wghat ? they're the same ?	[08:30]
the-bucket-shop	I bought Bowjob's shares, so I'm hurting - not sure s.dice can ever do well with a rising btc price. and of cource btc always rises	[08:30]
Bowjob	werent they 0.0032	[08:30]
*	Dimsler_ has quit (Ping timeout: 256 seconds)	[08:32]
assbot	[BTCTC] [S.MPOE-PT] 4 @ 0.00072 = 0.0029 BTC [-]	[08:32]
tiberiusiv	s.dice does amazing with a rising btc price	[08:32]
tiberiusiv	what are you talking about?	[08:32]
Bowjob	;;ticker	[08:32]
gribble	BTCUSD ticker \| Best bid: 70.04001, Best ask: 70.05000, Bid-ask spread: 0.00999, Last trade: 70.05000, 24 hour volume: 93057.48947432, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.41710	[08:32]
Namworld	I'm with tiberius on that one	[08:32]
tiberiusiv	theyve doubled from their ipo and thats with bitcoin rising like 600%	[08:32]
Namworld	It only seems like it's lowering because a temporary bigshot or two were doing massive gambling	[08:33]
tiberiusiv	no it seems someone was slowing the site down	[08:33]
Namworld	But big gamblers could be back anytime	[08:33]
tiberiusiv	because transactions per day decreased alot	[08:33]
tiberiusiv	thats why the price came down	[08:33]
tiberiusiv	http://blockchain.info/charts/n-transactions	[08:34]
tiberiusiv	see that decrease?	[08:34]
tiberiusiv	that was sdice being ddosed or some shit	[08:34]
mircea_popescu	you are aware the network was fucked in the mouth for about a week	[08:34]
mircea_popescu	with a bunch of tx pending and a 5 hour long orphan	[08:34]
assbot	[MPEX] [O.BTCUSD.C490T] 1 @ 0.303 BTC [+]	[08:34]
tiberiusiv	sdice is one of the best assets to own	[08:35]
assbot	[MPEX] [O.BTCUSD.C510T] 1 @ 0.27442858 BTC [+]	[08:35]
tiberiusiv	it runs on autopilot lol	[08:35]
mircea_popescu	they;'ve lost two < 1s this month	[08:35]
mircea_popescu	but really i'd say it's more an investment than a loss	[08:36]
assbot	[MPEX] [O.BTCUSD.C450T] 1 @ 0.36014286 BTC [+]	[08:36]
tiberiusiv	those players will give that right back	[08:36]
tiberiusiv	+ more	[08:36]
Namworld	they already are	[08:36]
tiberiusiv	sdice justneeds good volume	[08:36]
mircea_popescu	it's a formidable show of strength in any case.	[08:36]
mircea_popescu	there are not that many bitcoin businesses paying out in the k's range.	[08:37]
tiberiusiv	customer growth potential is massive with sdice	[08:37]
tiberiusiv	tons of gambling fiens that dont want to leave the comfort of their homes	[08:37]
Bowjob	tiber, what price did u buy dice at	[08:38]
Bugpowder	Wait. The lost 2 <1 TONIGHT?!?	[08:39]
Bugpowder	3000 BTC down the tubes?	[08:39]
Bowjob	tiber	[08:39]
Bugpowder	FFS	[08:39]
mircea_popescu	Bugpowder 1 tonight, 2k btc	[08:39]
mircea_popescu	1 earlier this month iirc	[08:39]
mircea_popescu	no ?	[08:39]
Bugpowder	no	[08:39]
Bugpowder	2 tonight	[08:39]
mircea_popescu	what srsly ?!	[08:40]
Bowjob	O;	[08:40]
Bugpowder	BTCUSD collapsing	[08:40]
Bugpowder	SDICE FUCKED	[08:40]
Bugpowder	everything is going to shit	[08:41]
mircea_popescu	well you sold out and got your tesla rigjht ?	[08:41]
Bowjob	;;ticker	[08:41]
gribble	BTCUSD ticker \| Best bid: 69.11110, Best ask: 69.88000, Bid-ask spread: 0.76890, Last trade: 69.11110, 24 hour volume: 95198.29487360, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.40615	[08:42]
Bowjob	wtf is going on	[08:42]
tiberiusiv	btc is going right back into the low 50's	[08:42]
Namworld	Price ain't collapsing...	[08:42]
mircea_popescu	!ticker m ^oix	[08:42]
assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 62.54448241 / 63.8704312 (21265 shares, 3,903.05 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)	[08:42]
error4733	tiberiusiv stop dreaming	[08:42]
Namworld	http://www.bitcoincharts.com/markets/mtgoxUSD.html	[08:42]
mircea_popescu	oix sez 62 if you believe that.	[08:42]
error4733	4300 on queue for mtgox account confirmation...	[08:42]
tiberiusiv	error4733: 20k coins sold takes the price to mid 50's	[08:42]
Namworld	I could pop the price back to 72 with like 100 bucks	[08:43]
Bowjob	tiber.. you seem to prop up dice a lot	[08:43]
Bowjob	when did you buy dice?	[08:43]
Bowjob	at what pric	[08:43]
tiberiusiv	what you care	[08:43]
error4733	why pp would sold 20K ?	[08:43]
error4733	all light is green	[08:43]
Bowjob	because if you bought it at 0.0075, you're just prep talking	[08:43]
tiberiusiv	i dont own alot as i dont like the 30mil market cap	[08:43]
tiberiusiv	i didnt buy it that high	[08:44]
Bowjob	get real. i buy and sell depending on what i see ahead	[08:44]
error4733	every BTC under 100$ is cheap	[08:44]
error4733	!!	[08:44]
Bowjob	iv'e done really well so far. so you're at a loss right now.	[08:44]
tiberiusiv	bowjob im not on losses	[08:44]
mircea_popescu	https://bitcointalk.org/index.php?topic=147613.msg1656294#msg1656294	[08:44]
mircea_popescu	this shit's too funny	[08:44]
error4733	we are on road for 500$ in no time	[08:45]
error4733	5b market cap is still nothing in world economy	[08:45]
tiberiusiv	5b market cap with how shitty liquidity is?	[08:46]
tiberiusiv	doubt it	[08:46]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.835 BTC [-]	[08:46]
tiberiusiv	$2-3mil moves bitcoin 30%	[08:46]
mircea_popescu	error4733 there's some moats to pass before 1bn.	[08:46]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8321 BTC [-]	[08:46]
error4733	1b ?	[08:46]
mircea_popescu	yes	[08:46]
error4733	250m more haha	[08:46]
error4733	15 days ?	[08:47]
Bowjob	id at least wait till the cypriots open their banks	[08:48]
assbot	[HAVELOCK] [VTX] 1 @ 0.45 BTC [+]	[08:48]
Bugpowder	dude I am selling coins all the way up	[08:48]
assbot	[HAVELOCK] [VTX] 6 @ 0.45 = 2.7 BTC [+]	[08:50]
assbot	[BTCTC] [BTC-TRADING-PT] 1 @ 0.15 BTC [-]	[08:51]
assbot	[BTCTC] [BTC-TRADING-PT] 3 @ 0.143 = 0.429 BTC [-]	[08:51]
assbot	[BTCTC] [BTC-TRADING-PT] 1 @ 0.142 BTC [-]	[08:51]
assbot	[BTCTC] [BTC-TRADING-PT] 3 @ 0.1415 = 0.4245 BTC [-]	[08:51]
assbot	[HAVELOCK] [VTX] 22 @ 0.49899 = 10.9778 BTC [+]	[08:53]
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tiberiusiv	bitcoin is going to collapse when risk assets turn south again	[09:00]
tiberiusiv	just like in 2011	[09:00]
mircea_popescu	this is possible.	[09:01]
tiberiusiv	bitcoin rallies with the US stock market	[09:01]
tiberiusiv	and declines with it as well	[09:01]
tiberiusiv	just with multiples up and down	[09:01]
mircea_popescu	fortunes were made thinking one knows how bitcoin moves,	[09:04]
mircea_popescu	fortunes were lost thinking one knows how bitcoin moves.	[09:04]
mircea_popescu	fact is nobody has a clue.	[09:04]
tiberiusiv	its all herd psycology	[09:04]
tiberiusiv	everyone called bitcoin dead at $2	[09:04]
tiberiusiv	but wants it like crazy at 70	[09:04]
tiberiusiv	nobody bought US stocks until january 2013	[09:04]
Bowjob	;;ticker	[09:04]
gribble	BTCUSD ticker \| Best bid: 69.72001, Best ask: 70.04988, Bid-ask spread: 0.32987, Last trade: 69.72001, 24 hour volume: 96320.27532477, 24 hour low: 64.99240, 24 hour high: 74.90000, 24 hour vwap: 70.40547	[09:04]
tiberiusiv	4 years after a bull run	[09:05]
assbot	[HAVELOCK] [VTX] 1 @ 0.49898999 BTC [-]	[09:05]
Bowjob	its friday.. so weekend dip	[09:05]
tiberiusiv	started	[09:05]
tiberiusiv	pull up a chart of the US stock market	[09:06]
tiberiusiv	and look at 2011	[09:06]
tiberiusiv	peaked out same time BTC did	[09:07]
*	saulimus (~someone@a82-197-2-14.mpynet.fi) has joined #bitcoin-assets	[09:07]
error4733	you have to stop looking 2 months or 3	[09:07]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.16052553 = 160.5255 BTC [-]	[09:08]
error4733	ok you call a correction, but in long term, under 100$ is a cheap price	[09:08]
mircea_popescu	well on the long term sure.	[09:08]
tiberiusiv	how so?	[09:08]
tiberiusiv	liqudity hasnt improved, and current bitcoin market cap can support an economy that generates 8 billion a year in goods and services	[09:09]
error4733	after, if you feel lucky and want start trade, learn in one week what traders learn in one life, take your shoot	[09:09]
tiberiusiv	error4733 you just angry that you bought high	[09:09]
error4733	?	[09:10]
tiberiusiv	the US stock market peaked out 1 month before BTC did in 2011	[09:10]
error4733	a jump in a 13$	[09:10]
tiberiusiv	theres plenty of indications of a short term multi month top	[09:10]
tiberiusiv	some guy is offering his house for BTC	[09:10]
assbot	[MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]	[09:11]
mircea_popescu	well, the options are clearly calling this a top	[09:11]
mircea_popescu	so maybe it's the top for this week.	[09:11]
Bowjob	gox wont take in new money, for the next 2 days	[09:12]
tiberiusiv	bitcoinis ripe for a 50% collapse to the weekly moving average	[09:12]
tiberiusiv	not to mention the gross overvaluation of bitcoin business's	[09:12]
tiberiusiv	cavirtex raised 300k with almost 0 advertising trading at 8x sales	[09:13]
assbot	[HAVELOCK] [SDICE] 5 @ 0.4679975 = 2.34 BTC [+]	[09:14]
mircea_popescu	bitcoin will probably force a re-modelling of valuation models.	[09:14]
mircea_popescu	because of its deflationary nature any revenue stream is worth a lot.	[09:14]
error4733	tiberius + for cavirtex	[09:14]
error4733	+1MP	[09:14]
tiberiusiv	mircea: the US was on a deflationary currency for 100 years	[09:15]
error4733	when ?	[09:15]
tiberiusiv	during its china moment	[09:15]
tiberiusiv	in the 1800's	[09:15]
tiberiusiv	prices fell the entire century	[09:15]
tiberiusiv	on the gold standard	[09:16]
tiberiusiv	when the most prosperous middle class in world history emerged and that was with a civil war as well	[09:16]
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tiberiusiv	prices were 50% lower in 1900 then in 1800	[09:18]
mircea_popescu	this is true	[09:18]
mircea_popescu	and at that time any revenue stream was worth dieingfor	[09:18]
mircea_popescu	and peopledid.	[09:18]
tiberiusiv	GDP grew at over 4% annually	[09:18]
tiberiusiv	those numbers would never be reached by the US again	[09:18]
*	thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets	[09:19]
mircea_popescu	anyway, an argument can be brought that bitcoin businesses are sorely undervalued atm, in the sense that if you add the half dozen which are serious they're not even 1/4 monetarty mass	[09:20]
tiberiusiv	US went from a 3rd world to 2x wealthier then europe in 100 years	[09:20]
mircea_popescu	that's nonsense.	[09:20]
tiberiusiv	they arent undervalued	[09:20]
tiberiusiv	first off you have no shareholder rights	[09:20]
mircea_popescu	that's an advantage	[09:20]
mircea_popescu	not a drawback.	[09:21]
tiberiusiv	0 verification of anything	[09:21]
tiberiusiv	no dispute settlement	[09:21]
mircea_popescu	no voting -> you don't need to expend time to inform yourself and vote. no dispute settlement -> you can't waste capital on lawyer fees.	[09:21]
Namworld	That's good only if there's never an issue arising	[09:22]
tiberiusiv	you have no verification of incomes or expenses posted	[09:22]
assbot	[MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]	[09:22]
mircea_popescu	that's not really true.	[09:22]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.16040513 = 160.4051 BTC [-]	[09:22]
mircea_popescu	s.dice yo ucan verify. asicminer you can (sorta) verify. mpoe you can verify	[09:22]
mircea_popescu	bitbet you can certainly verify	[09:22]
mircea_popescu	Namworld it's just a theory in my head, but i suspect that macro speaking, the total fees taken by lawyers in a year = the total value of resolutions.	[09:23]
Namworld	True, some have public BTC addresses. Checking what they earn is trivial.	[09:23]
mircea_popescu	so basically you're not making a profit in that paradigm, globally.	[09:23]
Namworld	As for verifications... well pretty much any documents can be forged.	[09:23]
*	avtolstoy (~avtolstoy@79-104-192-20.ranetka.ru) has joined #bitcoin-assets	[09:23]
Namworld	Other than BTC transactions	[09:23]
tiberiusiv	if bitcoin collapses by more then 50%	[09:24]
tiberiusiv	it will take years if not a decade	[09:24]
tiberiusiv	to regain	[09:24]
tiberiusiv	just like the last high took 2 years to surpass	[09:24]
assbot	[MPEX] [O.BTCUSD.C550T] 1000 @ 0.2177331 = 217.7331 BTC [+]	[09:25]
assbot	[MPEX] [O.BTCUSD.C530T] 1000 @ 0.24628826 = 246.2883 BTC [+]	[09:25]
assbot	[MPEX] [O.BTCUSD.C510T] 1000 @ 0.27484342 = 274.8434 BTC [+]	[09:25]
assbot	[MPEX] [O.BTCUSD.C490T] 1000 @ 0.30339858 = 303.3986 BTC [+]	[09:25]
mircea_popescu	maybe.	[09:25]
mircea_popescu	there'd be nothing wrong with that incidentally.	[09:25]
Anduck	wrong	[09:25]
mircea_popescu	i don't subscribe to this rushed approach many take.	[09:25]
Anduck	if it goes down by 50% someone will buy it	[09:25]
mircea_popescu	let it be two years, let the scammers suddenly flooding the forum get despondent, no loss here.	[09:25]
the-bucket-shop	!ticker	[09:26]
assbot	Things which are alike, in nature, grow to look alike, and the speaking stones have lain a long time lookin' at the sun.	[09:26]
mircea_popescu	mkay so this morning is > 35k contracts traded with the bot	[09:26]
mircea_popescu	this is one of those days.	[09:26]
Anduck	assbot stfu, you're bot. you have the right to only speak about tickers and trades	[09:26]
Anduck	someone rly fix the bot, it's not fun to see that kind of crap. instead, it should tell instructions	[09:27]
mircea_popescu	what are you trying to do ?	[09:28]
Anduck	it's a bot.	[09:28]
Anduck	i'm not.	[09:28]
mircea_popescu	"Indonesia may outlaw unmarried sex with jail threatened for offenders"	[09:28]
Bowjob	indonesia is scary	[09:31]
Bowjob	i hear they cut off your head if you get caught fapping	[09:31]
Bowjob	which head, i wonder	[09:31]
error4733	yes "maybe"	[09:32]
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*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[09:43]
assbot	[MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]	[09:43]
assbot	[BTCTC] [S.DICE-PT] 292 @ 0.00486 = 1.4191 BTC [+]	[09:43]
assbot	[HAVELOCK] [VTX] 14 @ 0.49898888 = 6.9858 BTC [-]	[09:44]
assbot	[MPEX] [O.BTCUSD.P750T] 2 @ 0.16017925 = 0.3204 BTC [-]	[09:44]
assbot	[MPEX] [O.BTCUSD.P750T] 998 @ 0.16028476 = 159.9642 BTC [+]	[09:44]
assbot	[BTCTC] [S.DICE-PT] 31 @ 0.00487 = 0.151 BTC [+]	[09:44]
assbot	[BTCTC] [S.DICE-PT] 526 @ 0.00487 = 2.5616 BTC [+]	[09:44]
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assbot	[MPEX] [O.BTCUSD.C470T] 228 @ 0.33195374 = 75.6855 BTC [+]	[09:50]
Namworld	It's about time S.DICE gets some traction	[09:51]
Namworld	(The PT S.DICE)	[09:51]
*	Anduck has quit (Ping timeout: 264 seconds)	[09:56]
ZedsterX	yes plz	[10:02]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]	[10:03]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.15833758 = 158.3376 BTC [-]	[10:04]
assbot	[BTCTC] [ASICMINER-PT] 4 @ 0.8 = 3.2 BTC [-]	[10:09]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.83 BTC [+]	[10:10]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]	[10:10]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]	[10:11]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.15827441 = 158.2744 BTC [-]	[10:19]
*	Jackmaninov (~Jackmanin@84.113.100.69) has joined #bitcoin-assets	[10:21]
assbot	[MPEX] [S.DICE] 1 @ 0.00444444 BTC [+]	[10:22]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.15821772 = 158.2177 BTC [-]	[10:24]
*	terryww has quit (Quit: Leaving)	[10:27]
*	Jackmaninov has quit (Remote host closed the connection)	[10:27]
*	terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets	[10:27]
assbot	[HAVELOCK] [SDICE] 1 @ 0.4679975 BTC [+]	[10:38]
assbot	[HAVELOCK] [SDICE] 1 @ 0.4679975 BTC [+]	[10:38]
assbot	[BTCTC] [GSDPT] 20 @ 0.00421 = 0.0842 BTC [+]	[10:39]
assbot	[BTCTC] [GSDPT] 99 @ 0.0042 = 0.4158 BTC [-]	[10:39]
assbot	[HAVELOCK] [SDICE] 4 @ 0.46799769 = 1.872 BTC [+]	[10:40]
assbot	[MPEX] [O.BTCUSD.P750T] 1 @ 0.16058182 BTC [+]	[10:41]
assbot	[HAVELOCK] [SDICE] 5 @ 0.468 = 2.34 BTC [+]	[10:41]
*	Uglux (~uglux@port-92-204-119-229.dynamic.qsc.de) has joined #bitcoin-assets	[10:42]
assbot	[MPEX] [O.BTCUSD.P750T] 1000 @ 0.15809519 = 158.0952 BTC [-]	[10:42]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.83 BTC [+]	[10:53]
mircea_popescu	well i'm off. take care all.	[10:54]
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Uglux	bye	[10:56]
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*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[10:56]
*	Now talking on #bitcoin-assets	[18:59]
*	Topic for #bitcoin-assets is: http://bitcoin-assets.com/	[18:59]
*	Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:17:23 2013	[18:59]
thestringpuller	then move to romania?	[19:00]
mod6	maybe	[19:00]
smickles	anyone want some P310T?	[19:00]
mircea_popescu	hi all	[19:00]
mod6	hi	[19:00]
mircea_popescu	p310 ?! omg ?	[19:00]
mircea_popescu	;;ticker	[19:00]
gribble	BTCUSD ticker \| Best bid: 71.17002, Best ask: 71.43000, Bid-ask spread: 0.25998, Last trade: 71.17002, 24 hour volume: 72873.11904166, 24 hour low: 68.90583, 24 hour high: 74.90000, 24 hour vwap: 72.06906	[19:00]
smickles	howdy :)	[19:00]
mircea_popescu	jeez smix you gave me a start there	[19:01]
smickles	loool	[19:01]
mircea_popescu	i was like wait what ? is that itm ?	[19:01]
thestringpuller	deep itm	[19:01]
thestringpuller	like a vagina	[19:01]
thestringpuller	jk	[19:01]
smickles	looks like i'm selling at about .008ish	[19:01]
thestringpuller	;calc .01 * 70	[19:03]
thestringpuller	;;calc .01 * 70	[19:03]
gribble	0.7	[19:03]
thestringpuller	I could have done that in my head...	[19:03]
mod6	so does anyone know what happend to gox again?	[19:03]
mod6	just, same as usual??	[19:04]
smickles	less than a buck to secure against the coming crash	[19:04]
smickles	;)	[19:04]
mod6	how many	[19:05]
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smickles	mod6: 26	[19:05]
jcpham	i've got a bet for 1 btc that we see $100 before we see $60	[19:05]
jcpham	i don't make bets i can't afford to lose	[19:05]
mod6	;;asks 74	[19:06]
gribble	There are currently 14123.224 bitcoins offered at or under 74.0 USD, worth 1041651.49949 USD in total. \| Data vintage: 0.0017 seconds	[19:06]
mod6	;;asks 75	[19:07]
gribble	There are currently 23081.901 bitcoins offered at or under 75.0 USD, worth 1710738.22608 USD in total. \| Data vintage: 9.6104 seconds	[19:07]
mod6	hmm	[19:07]
ThickAsThieves	;;asks 73	[19:07]
gribble	There are currently 1320.1523 bitcoins offered at or under 73.0 USD, worth 96186.0854616 USD in total. \| Data vintage: 33.3853 seconds	[19:07]
mod6	maybe i do just need to take a week off and just sequester myself	[19:08]
mod6	man that sounds awesome actually.	[19:08]
*	benkay has quit (Quit: benkay)	[19:08]
mircea_popescu	sequester yourself in a room with a bed and just sleep ?	[19:08]
mod6	na.	[19:09]
mod6	just to hack for a week on bitotter to wrap it up	[19:09]
assbot	[BTCTC] [BTC-BOND] 1 @ 0.009822 BTC [-]	[19:09]
mod6	too damn busy to get enough time to dig in deep enough to make sure all the secuirty stuff is underwraps	[19:09]
mod6	its like, I need 8 hour blocks at a time min.	[19:10]
mod6	hard to come by for me these days.	[19:10]
*	benkay (~benkay@67.50.19.230) has joined #bitcoin-assets	[19:10]
mod6	I guess if it gets to be too long, I might just open source the thing and let you guys work on it if you want to.	[19:11]
benkay	what's the thing?	[19:11]
mod6	my android tool for mpex	[19:11]
mod6	started it a long time ago, but i have 3 other jobs other than btc	[19:12]
benkay	i can see why you'd want to free the code :)	[19:12]
mod6	so im pretty swamped. and i have an overly demanding gf who eats up time.	[19:12]
Namworld	<@gribble> There are currently 1320.1523 bitcoins offered at or under 73.0 USD, worth 96186.0854616 USD in total. \| Data vintage: 33.3853 seconds	[19:12]
Chilca	mjr_: are you here?	[19:12]
Namworld	Lol	[19:12]
Namworld	Data vintage	[19:12]
mod6	last night she was all, "no. fuck you. you said you weren't going to talk with your dungons and dragons friends all night..."	[19:13]
mod6	hahaha	[19:13]
mod6	i can't win	[19:13]
assbot	[BTCTC] [GSDPT] 10 @ 0.00439 = 0.0439 BTC [+]	[19:13]
assbot	[BTCTC] [GSDPT] 5 @ 0.004477 = 0.0224 BTC [+]	[19:13]
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*	thepok has quit (Ping timeout: 258 seconds)	[19:14]
assbot	[BTCTC] [GSDPT] 200 @ 0.004638 = 0.9276 BTC [+]	[19:14]
assbot	[BTCTC] [GSDPT] 74 @ 0.004638 = 0.3432 BTC [+]	[19:14]
smickles	http://i.imgur.com/PKM3G3O.png dang, 2 'less than 1's will do that	[19:14]
Diablo-D3	[01:12:29] so im pretty swamped. and i have an overly demanding gf who eats up time.	[19:14]
Diablo-D3	then shes a girl, not a woman.	[19:14]
Diablo-D3	this is why I only date women.	[19:14]
Namworld	Girlfriends who don't like you hanging with anyone else? Sounds familiar.	[19:14]
mod6	well,she's probably older than you dickweed	[19:14]
assbot	[BTCTC] [GSDPT] 86 @ 0.004639 = 0.399 BTC [+]	[19:15]
Diablo-D3	mod6: age has nothing to do with it	[19:15]
Diablo-D3	some girls never grow up	[19:15]
Chilca	jurov: how are you?	[19:18]
mircea_popescu	mod6 poor gf.	[19:18]
asa1024	females are dangerous to irc use	[19:18]
*	Enky_ (~Enky@159.20.215.242) has joined #bitcoin-assets	[19:18]
asa1024	beware	[19:18]
deadweasel	that's why I use it mostly at work, and just check it at home, make sure you all didn't break BTC	[19:19]
deadweasel	;)	[19:19]
deadweasel	ssh from my ipad to my box.	[19:19]
deadweasel	yay!	[19:19]
mod6	yeah Diablo-D3, my bad, yeah, she's just like all the others :/	[19:19]
mod6	just wish i didn't have to work my everyday job.	[19:20]
mod6	job(s)	[19:20]
deadweasel	mod6 nix guys are in high demand	[19:20]
deadweasel	why you suffering for these many jobs?	[19:20]
mod6	yeah, they're blowing me up all the time for different jobs.	[19:20]
*	Descry (~Descry@smart.twinriver.esu7.org) has joined #bitcoin-assets	[19:20]
deadweasel	you gotta nail your contract down so every phone call is a separate charge	[19:21]
mod6	well... i dunno. i guess im just lame.	[19:21]
deadweasel	and raise your prices	[19:21]
mod6	i wish i could.	[19:21]
deadweasel	until you can't get anymore work, then lower them a tiny bit	[19:21]
mircea_popescu	mod6 ya srsly, they have a point. if you have three jobs make each offers for 50% what you're making now, upfront	[19:21]
mircea_popescu	at least 1 won't go for it	[19:21]
mircea_popescu	so now you have two jobs and the same dough	[19:21]
deadweasel	ah, i like that too ^^	[19:22]
mod6	well, it was 3, now 2 of them mereged together, so its really like two.	[19:22]
deadweasel	ewww.	[19:22]
deadweasel	sound sticky	[19:22]
mod6	and basically i flipped out on these dudes a bunch of times.	[19:22]
deadweasel	find a new job, SINGULAR, for %50 more than you are making	[19:22]
mircea_popescu	m,erged together = hey, you know we used to pay you for two things ? well only pay you for one from now on	[19:22]
mircea_popescu	which consists of the two	[19:22]
mod6	now, i'm getting them to get other help, so that's been better, but its been hard to unwind all this stuff.	[19:22]
deadweasel	lol	[19:22]
mod6	lot of knowelege to transfer, etc.	[19:22]
*	Enky has quit (Ping timeout: 264 seconds)	[19:23]
mod6	mircea_popescu: yeah, basically.	[19:23]
mod6	these guys are terrible.	[19:23]
mod6	i always seem to end up working for really terrible contracts or employers	[19:23]
mod6	shrug	[19:23]
mod6	anyway, hopefully i can be my own guy after this with btc	[19:24]
mircea_popescu	you gotta learn to tell people to fuck off.	[19:24]
mod6	then i can just work on what we need	[19:24]
mod6	haha, i DID tell them to fuck off about 49 times. but they're gonna sue if i pitch their stuff ina snowbank	[19:24]
mircea_popescu	so what arte they gonna sue for, your btc ?	[19:24]
mircea_popescu	your gf ?	[19:24]
deadweasel	hand it to them nicely and say, contract CANCELLED	[19:24]
mircea_popescu	by the way, if anyone wants a funny story : i hired a freelance guy to do my persian faq.	[19:25]
benkay	you guys	[19:25]
benkay	neither of you do contract software work	[19:25]
mircea_popescu	imo he did a good job, nice responsible young man so at the time i tipped him 1 btc	[19:25]
mircea_popescu	this was back when btc was like 15...	[19:25]
mod6	benkay: wut	[19:25]
benkay	dw and mp, mod6 not u	[19:25]
mod6	oh wer	[19:25]
mod6	d	[19:25]
mircea_popescu	benkay i sometimes do contract management of software work	[19:25]
deadweasel	i was contractor up until monday.	[19:26]
deadweasel	now I've got health insurance!	[19:26]
deadweasel	fuck yeah	[19:26]
mod6	anyway, i gotta finish unwinding this stuff then i'll be free of this obligation.	[19:26]
benkay	"a contractor != contract coder"	[19:26]
deadweasel	i'm gon go thow myself down a flight of stairs	[19:26]
deadweasel	benkay: ah yes, you're right	[19:26]
taub	clarkmoody keeps fucking up :(	[19:26]
mod6	wont be long i think.. the process is alreay in motion, and has been in motion since the beginning of this ydar.	[19:26]
mod6	*year	[19:26]
mircea_popescu	mod6 "the wheels are in motion... things are happening..."	[19:26]
benkay	manners and reputation are important to contractors.	[19:26]
benkay	not that they're not to everyone else.	[19:27]
deadweasel	i see where you are going. but he shold not suffer un endingly because he's worried about what they might say	[19:27]
mod6	guys, im like a peon	[19:27]
mod6	when i first signed up with these guys, the first thing they did was sue VMWare	[19:28]
deadweasel	mod6, you must have some kind of skill, NIX guys are in HIGH demand, go find something better, where you are slightly respected and not peonized	[19:28]
mod6	anyway, i can't say any more.	[19:28]
*	Anduck has quit (Ping timeout: 245 seconds)	[19:28]
deadweasel	is peonized a word?	[19:28]
mircea_popescu	peonized is a wordized word.	[19:28]
deadweasel	sorry mod6, sholdn't be telling you what to do.	[19:29]
deadweasel	but my feelings are as I have stated	[19:29]
mod6	i know tons of shit, and can get stuff done. the problem is im poor and have no representation against these evil assholes.	[19:29]
deadweasel	if you're poor than you've got nothing to lose	[19:29]
deadweasel	you've never been better positioned to take the fucking world on	[19:29]
deadweasel	cos they can't take shit	[19:29]
mod6	well, basically yes. but, i've got some living situation that needs to be solved.	[19:29]
mod6	i can't go back to living inthe street again	[19:29]
mod6	at lesat not up here	[19:30]
mod6	too fucking cold	[19:30]
mircea_popescu	mod6 if you're poor you're immune.	[19:30]
mod6	i used to just live on peoples front porch couches after IBM	[19:30]
mircea_popescu	sueing only works against the middle class.	[19:30]
mircea_popescu	the rich will fuck you up and the poor literally don't care.	[19:30]
mod6	yeah, i'll fucking rage	[19:30]
*	Enky_ has quit (Ping timeout: 264 seconds)	[19:30]
mod6	i need to stay out of jail	[19:30]
mircea_popescu	ya well i got news for you	[19:31]
mod6	and out of the hospital too, my health isn't super great :/	[19:31]
mircea_popescu	debtor jail went out in like1800s	[19:31]
*	toffoo (~tof@186.221.11.41) has joined #bitcoin-assets	[19:31]
deadweasel	it's coming backin states mircea_popescu	[19:31]
mircea_popescu	so i heard lol	[19:31]
*	wiggzz (~chatzilla@c-24-98-203-192.hsd1.ga.comcast.net) has joined #bitcoin-assets	[19:31]
mod6	jail is a part of life	[19:31]
mircea_popescu	they shoul;d just give up the pretense and just make the country a penitentiary.	[19:31]
mod6	its just, trying to not let them get you	[19:31]
mircea_popescu	they're obviously rebuilding soviet era russia, might as well	[19:31]
mod6	^^^^	[19:31]
mircea_popescu	everyone gets a cell in a cheapo concrete block like india	[19:31]
mod6	yeah, its a fucking nightmare over here	[19:32]
deadweasel	it is once you're in the legal system.	[19:32]
mod6	they just trump up some charges, and tell you well you can do 90 days for this, or you can go to trial and we'll trhow the book at you...	[19:32]
deadweasel	you're chewed up	[19:32]
mircea_popescu	mod6 and you say fuck you, this will be the trial of the century	[19:33]
mircea_popescu	and then get the jury to annul	[19:33]
deadweasel	not if he can't afford a lawyer	[19:33]
mircea_popescu	which breaks the law outright.	[19:33]
mircea_popescu	you don't need a lawyer to fuck them up. you just need to know the law.	[19:33]
mod6	true	[19:33]
*	Enky (~Enky@159.20.215.242) has joined #bitcoin-assets	[19:33]
mircea_popescu	if you can learn to code you can learn the law.	[19:33]
mircea_popescu	there's scarce difference.	[19:33]
mod6	well, if they ever try to get me for BTC, ill just do what hitler did	[19:34]
mircea_popescu	haha don't be silly.	[19:34]
deadweasel	but to be at the level of senior engineer, a lawyer would need 10 yrs exp in a particular part of the law	[19:34]
mod6	well, what i mean is, in his trial	[19:34]
mircea_popescu	deadweasel not true.	[19:34]
mircea_popescu	it takes 10 year for the senior engineer to gain his reputation with others	[19:34]
mod6	he just stood up there and told everyone his side of things for like three days lol	[19:34]
mircea_popescu	not to gain his knowledge of coding	[19:35]
mod6	then they only gave him like 3 years after the beer hall putch	[19:35]
mircea_popescu	that's done in four motnhs when he's 19	[19:35]
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mircea_popescu	mod6 o that. yeah	[19:35]
jurov	Chilca: hi, all fine	[19:35]
mircea_popescu	thought you meant the bunker suicide	[19:35]
deadweasel	me too	[19:35]
deadweasel	i was like, none of that pls	[19:35]
mod6	haha mircea_popescu, na.	[19:35]
deadweasel	jesus christ, did I just say "i was like"	[19:35]
mircea_popescu	yes. i infected you. totally.	[19:36]
deadweasel	i'm REVERSE AGING!	[19:36]
deadweasel	fuck me, I'm still at work...... gonna go pretend for a bit.	[19:36]
mod6	anyway, this is far off into the weeds!	[19:36]
*	Bowjob (4b9d1e75@gateway/web/freenode/ip.75.157.30.117) has joined #bitcoin-assets	[19:37]
assbot	[BTCTC] [S.DICE-PT] 49 @ 0.0047 = 0.2303 BTC [-]	[19:37]
Namworld	I think deadweasel is the key to rejuvenation. I suggest we ground him to a thin powder and make pills.	[19:37]
deadweasel	thanks for entertaining our opinions mod6	[19:37]
Bowjob	;;ticker	[19:37]
gribble	BTCUSD ticker \| Best bid: 71.27110, Best ask: 71.79950, Bid-ask spread: 0.52840, Last trade: 71.79950, 24 hour volume: 67908.09473960, 24 hour low: 68.90583, 24 hour high: 74.00000, 24 hour vwap: 71.94412	[19:37]
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deadweasel	it's likely, Namworld	[19:37]
mod6	deadweasel: ok :}	[19:37]
mod6	sorry for all the chatter.	[19:37]
mircea_popescu	i wouldn't swallow dead weasel pills	[19:37]
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mod6	i just need to get some of this personal stuff sorted so i have more time for you guys.	[19:38]
deadweasel	you'd swallow deadweasel nuts though	[19:38]
deadweasel	:P	[19:38]
deadweasel	mod6, you need more time for you first, then you might be more useful here, for whatever it is y'all are doing. options i think	[19:38]
Namworld	You don't have to tell people it's dead weasel. Just label them as reverse aging pills. Sell them for 2 BTC a piece since it's very complex chemicals...	[19:38]
assbot	[BTCTC] [GSDPT] 10 @ 0.004 = 0.04 BTC [-]	[19:38]
deadweasel	in fact, i'm selling those.	[19:39]
asciilifeform	mircea_popescu: my local Russian grocery actually sells pills claiming to be made from dead weasels.	[19:39]
deadweasel	2 btc each, might look like benadryl, but really is reverse aging	[19:39]
mircea_popescu	asciilifeform buy me some ?	[19:39]
deadweasel	asciilifeform: me too	[19:39]
mircea_popescu	add to my collection	[19:39]
mircea_popescu	http://polimedia.us/trilema/2010/stabilizarea-vaginului/ <<< vagoo stabilizers	[19:39]
benkay	wat	[19:40]
mircea_popescu	vagostabyl, the vaginal stabilizer pill.	[19:40]
benkay	o i can read thank you	[19:40]
mircea_popescu	yw :D	[19:40]
benkay	just expressing emotions	[19:40]
asciilifeform	mircea_popescu: here's a photo: http://greenapteka.com/zen_cart/images/Barsuchiy%20shir_capsules.jpg	[19:40]
assbot	[BTCTC] [GSDPT] 34 @ 0.0038 = 0.1292 BTC [-]	[19:41]
mircea_popescu	hahaha seems legit	[19:41]
mircea_popescu	how much are they ?	[19:41]
deadweasel	benkay: lol	[19:41]
benkay	are you guys familiar with the famous wat talk?	[19:41]
mircea_popescu	nop	[19:41]
benkay	i know this isn't a super dev-y group, but some of you might enjoy	[19:41]
benkay	and the rest are smart enough to get it	[19:42]
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benkay	https://www.destroyallsoftware.com/talks/wat	[19:42]
mircea_popescu	omg ban him	[19:42]
mircea_popescu	how dares he say we're not devvy	[19:42]
asciilifeform	mircea_popescu: they were behind the counter, so presumably not cheap. I didn't ask...	[19:42]
deadweasel	the drugs they sell here at least get you high	[19:43]
benkay	super dev-y!	[19:43]
benkay	gosh	[19:44]
benkay	intentional misconstrue.	[19:44]
benkay	for the LOSE.	[19:44]
mircea_popescu	lol	[19:44]
benkay	fucking troll, you.	[19:44]
benkay	99% of the time you're serious	[19:44]
benkay	impossible to call troll on	[19:44]
mircea_popescu	girls say this to me all the time.	[19:45]
benkay	even when you say things like "nigger nigger nigger nigger"	[19:45]
mircea_popescu	asciilifeform isn't that a badger ?	[19:45]
benkay	i am going to adopt this attitude.	[19:45]
mircea_popescu	benkay part of my charm!	[19:45]
benkay	"you have no idea if i'm serious or not!"	[19:45]
benkay	hey guise	[19:45]
benkay	i'm launching a mining company	[19:45]
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assbot	[HAVELOCK] [VTX] 1 @ 0.54399999 BTC [+]	[19:46]
benkay	we're going to collect giveaway raspberry pis	[19:46]
benkay	and mine with them	[19:46]
mircea_popescu	list it on bitbillions.com	[19:46]
mod6	perhaps epic trolls are always built on uncertainty	[19:46]
benkay	then give the bitcoins to afurka	[19:46]
benkay	probably, right?	[19:46]
deadweasel	a badger is a weasel	[19:47]
mircea_popescu	but for the record we're savvy devvy[ous] over here.	[19:47]
mircea_popescu	deadweasel shush you. how's the russian to know	[19:47]
deadweasel	i can't let my fellow badgers be excluded	[19:47]
assbot	[HAVELOCK] [SDICE] 8 @ 0.451001 = 3.608 BTC [-]	[19:48]
asciilifeform	mircea_popescu: yeah, it is a badger, isn't it. They also had: "Groundhog Fat: Enriched!"	[19:48]
mircea_popescu	https://bitcointalk.org/index.php?topic=156309.0 loller.	[19:48]
assbot	[HAVELOCK] [VTX] 1 @ 0.54399999 BTC [+]	[19:49]
mircea_popescu	lol enriched groundhog fat	[19:49]
benkay	friday is off-topic day?	[19:49]
mircea_popescu	but at least that's a folk remedy here as well	[19:49]
benkay	let's refocus	[19:49]
mircea_popescu	is it friday even ?	[19:49]
benkay	how would you go about using bitcoins to get fantastically wealthy while a country prints currency like crazy?	[19:49]
mircea_popescu	benkay you preorder basics	[19:49]
asciilifeform	benkay: start a (legal) pyramid scheme.	[19:50]
benkay	how do that, asciilifeform?	[19:50]
benkay	and mircea, basic staples?	[19:51]
benkay	bullets and canned beans and whatnot?	[19:51]
mircea_popescu	no, basic miners	[19:51]
asciilifeform	benkay: http://en.wikipedia.org/wiki/Sergei_Mavrodi . or what MP said.	[19:51]
benkay	not necessary i have a pi far	[19:51]
mircea_popescu	got him twice in an hour lol	[19:51]
benkay	farm	[19:51]
deadweasel	shit lol	[19:51]
mircea_popescu	In 2007 Sergei Mavrodi was found guilty in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million).	[19:51]
benkay	peanuts!	[19:51]
mircea_popescu	incidentally, i bet you that's the banking mavrodi fambly.	[19:52]
benkay	peanuts i tell you.	[19:52]
benkay	i hear no good ideas.	[19:52]
benkay	you all fail at exploiting failing sovereigns.	[19:53]
asciilifeform	benkay: I hear protection rackets are a good investment: http://cluborlov.blogspot.com/2013/03/where-theres-no-government.html	[19:53]
deadweasel	it's more like we are rotting from the inside out, for the US anyways.	[19:53]
benkay	too much work, asciilifeform.	[19:54]
deadweasel	yeah, get into the hired gun biz	[19:54]
benkay	plus you actually have to deal with the underclass	[19:54]
benkay	show some imagination, folks!	[19:54]
asciilifeform	benkay: the minions do the work	[19:54]
benkay	like, buy assets on the local stock exchange. is good idea?	[19:54]
deadweasel	whore yourself to congress and then blackmail?	[19:54]
benkay	deadweasel: i prefer to be the one purchasing sex, and i don't find myself attracted to vote-grubbers.	[19:55]
mircea_popescu	asciilifeform jesus christ that sounds as a complete rewrite of an article i wrote in like 2010	[19:56]
mircea_popescu	since its unlikely that guy reads romanian, i'd say woot! people are getting it!	[19:56]
asciilifeform	mircea_popescu: collapse veterans think quite alike.	[19:56]
benkay	orlov's old news, mircea	[19:57]
mircea_popescu	i guess once you've seen her whore out you'll never buy into the virgin mary theory again.	[19:57]
asciilifeform	mircea_popescu: Orlov has been writing since the mid-2000s	[19:57]
kakobrekla	so	[19:57]
kakobrekla	whats the news	[19:57]
mircea_popescu	kakobrekla 31 puts are in the money now.	[19:58]
kakobrekla	hrm?	[19:58]
asciilifeform	unrelated: anyone have thoughts re: "satcoin" (http://jheusser.github.com/2013/02/03/satcoin.html) ?	[19:59]
kakobrekla	satan coin?	[19:59]
kakobrekla	Luke-Jr gonna merge mine with it'	[19:59]
mircea_popescu	satancoin ?! lol srsly ?	[19:59]
mircea_popescu	o it's a sat solver	[20:00]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.79696 = 1.5939 BTC [+]	[20:00]
assbot	[HAVELOCK] [VTX] 4 @ 0.544 = 2.176 BTC [+]	[20:01]
mircea_popescu	ok this is actually interesting.	[20:01]
mircea_popescu	asciilifeform you working on that ?	[20:02]
benkay	oh look. a reason for miners to use a stack other than the hairball.	[20:02]
asciilifeform	mircea_popescu: I can't bring myself to read the btc forums, did anyone discuss it there?	[20:02]
asciilifeform	mircea_popescu: and no, this wasn't my idea. I may or may not have a better one, however.	[20:02]
mircea_popescu	not afaik.	[20:02]
mircea_popescu	you know you can work on other people's ideas just like you can work on other people's daughters	[20:02]
mircea_popescu	no requirement to keep it in the house.	[20:02]
assbot	[HAVELOCK] [VTX] 11 @ 0.5451 = 5.9961 BTC [+]	[20:03]
asciilifeform	mircea_popescu: well yes. and cryproanalytic attacks on hashes aren't new, per se.	[20:03]
mircea_popescu	right.	[20:03]
mircea_popescu	the bruteforce approach is solid and obvious	[20:03]
asciilifeform	mircea_popescu: but yes, that's the only sort of BTC mining I'm personally interested in (well, that and optical computers.)	[20:03]
mircea_popescu	but i always suspected this is going to be the one way we end up with ai	[20:03]
assbot	[HAVELOCK] [VTX] 1 @ 0.53 BTC [-]	[20:04]
mircea_popescu	because i always thought that minsky & all may be nice and good	[20:04]
mircea_popescu	but ai won't exist until there's an edge application which makes money.	[20:04]
asciilifeform	mircea_popescu: bruteforce mining is a contest of fiat bank accounts (and perhaps botnets.) I prefer contests of wits.	[20:04]
mircea_popescu	ai isn't wits, really. but anyway, i always imagined the headlines. "bitcoin provokes singularity"	[20:05]
ThickAsThieves	https://bitcointalk.org/index.php?topic=77870.msg1659386#msg1659386	[20:05]
kakobrekla	http://www.bitcoin2013.com/	[20:05]
assbot	[BTCTC] [BTC-BOND] 12 @ 0.009822 = 0.1179 BTC [-]	[20:06]
ThickAsThieves	mp, you gonna go tell them whats up?	[20:06]
kakobrekla	http://www.bitcoin2013.com/bitcoin-2013-panelists.html	[20:06]
deadweasel	mircea_popescu: it's happening, BTC is a huge push towards it, the algorithms that come out of this could fuel future AI	[20:06]
mircea_popescu	so i'm currently eating nutella dipped figs.	[20:06]
asciilifeform	wouldn't it be riotously funny if a 386 eventually outhashes the ASICs...	[20:06]
mircea_popescu	anyone ever tried that ?	[20:06]
kakobrekla	theres tihan	[20:06]
kakobrekla	at least no taaki	[20:06]
kakobrekla	meh	[20:07]
mircea_popescu	kakobrekla o i c, the "community"	[20:07]
mircea_popescu	total pedosmile on hearn	[20:07]
kakobrekla	and	[20:09]
kakobrekla	Johnathan (Yoni) Assia is the CEO of eToro, the world’s largest social investment network. He has shown an interest in finance and computer science since his youth and so decided to merge his passions.	[20:09]
kakobrekla	why the hell would he be talking	[20:09]
kakobrekla	buncha bitcoin lamers.	[20:10]
mircea_popescu	kakobrekla listen, this is how conferences work in any biz	[20:10]
mircea_popescu	people with not much better to do.	[20:10]
kakobrekla	:	[20:10]
ThickAsThieves	heyo https://bitcointalk.org/index.php?topic=99497.msg1659420#msg1659420	[20:11]
Namworld	mircea: no, but odly enough that sounds good.	[20:11]
Namworld	I like plain figs tho...	[20:11]
mircea_popescu	it's great you should try it sometime	[20:12]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]	[20:13]
benkay	I learned this thing about conferences recently	[20:13]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7612 BTC [-]	[20:13]
assbot	[BTCTC] [ASICMINER-PT] 10 @ 0.7612 = 7.612 BTC [-]	[20:13]
kakobrekla	benkay which thing	[20:13]
benkay	that they're filled with people with not enough to do	[20:14]
*	benkay has quit (Quit: benkay)	[20:14]
ThickAsThieves	looks like no profits for sdice this month	[20:15]
mircea_popescu	ThickAsThieves in fairness, it's above ev anyway.	[20:15]
mircea_popescu	if it loses another 6k or so it'd just make things "fair"	[20:15]
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mircea_popescu	This week meets more stagnancy of deploying. But in the last few days we poured 0.5TH/s into our mining farm as the installing of power cables in the new place goes on. The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.	[20:16]
kakobrekla	yeah	[20:16]
mircea_popescu	so asicminer still not at the adverised 12th	[20:16]
kakobrekla	dump sdice	[20:16]
kakobrekla	buy bbet	[20:16]
mircea_popescu	has it reached 5k bet already ?	[20:17]
jborkl	It was bound to happen , a bad month- every business has good and bad months	[20:17]
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kakobrekla	o we are at 4.5k now	[20:17]
kakobrekla	a day or three more	[20:17]
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mircea_popescu	https://bitcointalk.org/index.php?topic=99497.msg1659432#msg1659432	[20:17]
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mircea_popescu	ahaha so jgarzik wants to code an exchange.	[20:18]
kakobrekla	urlpls	[20:18]
mircea_popescu	i guess we will have > 9000 of them by the time year's out	[20:18]
kakobrekla	the exchanges will need to modfiy their operating models once ill put btc/usd in MT4	[20:19]
mircea_popescu	this is the problem with "Devteam". they're not devs, they're kids looking to impress.	[20:19]
kakobrekla	they will transform to brokers	[20:19]
mircea_popescu	this by definition fails to impress.	[20:19]
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asciilifeform	anyone know if someone ever built a miner out of discrete emitter-coupled logic (or gallium arsenide, or the like) ?	[20:22]
mircea_popescu	afaik never hapened.	[20:24]
*	MJR__ (Josh_Rossi@cpe-68-174-114-54.nyc.res.rr.com) has joined #bitcoin-assets	[20:24]
MJR__	hi all	[20:24]
ThickAsThieves	wow i got an answer https://bitcointalk.org/index.php?topic=99497.msg1659490#msg1659490	[20:25]
mircea_popescu	ThickAsThieves nice q re asicminer	[20:25]
Doffx	What will the next div look like for the Asic miner PT's?	[20:29]
ThickAsThieves	hard to say	[20:29]
ThickAsThieves	there will be a difficulty change	[20:29]
Doffx	whats a good guess?	[20:29]
ThickAsThieves	avalons are slowly hopping on the network	[20:29]
Diablo-D3	the div seems to be getting bigger though	[20:29]
ThickAsThieves	a good guess is half what they were last time	[20:29]
Doffx	.015 ish then, still seems decent.	[20:29]
ThickAsThieves	it is	[20:30]
kakobrekla	https://bitcointalk.org/index.php?topic=124441.msg1658664#msg1658664	[20:30]
kakobrekla	hehe	[20:30]
Diablo-D3	ThickAsThieves: I really doubt half	[20:30]
Namworld	and they already paid for manufacturing 50 more TH I think	[20:30]
Diablo-D3	ThickAsThieves: remember, friedcat hasnt gotten all of the 15th online yet	[20:30]
Diablo-D3	Namworld: yeah	[20:30]
Diablo-D3	and the total farm will be around 60 th	[20:30]
Namworld	that too... hopefully they can get their shit together	[20:30]
ThickAsThieves	he just asked what the next div might be	[20:32]
ThickAsThieves	half is a fair guess	[20:32]
Doffx	Yeah, I like the answer	[20:32]
Doffx	:)	[20:32]
ThickAsThieves	they might get another 1th online before then	[20:32]
ThickAsThieves	tahts my guess	[20:32]
ThickAsThieves	and i'm the expert here bro!	[20:33]
Doffx	Haha, I just needed a rough estimation	[20:33]
ThickAsThieves	just joshin ;)	[20:33]
Doffx	I haven't been following anything in the asset world for a while	[20:33]
kakobrekla	any word from josh'	[20:34]
Doffx	DId they eat all the chips	[20:34]
[\]	kakobrekla: "coming soon"	[20:34]
jurov	so, i've read the scrollback and some links. and all i'm remembering is that mircea tried to stabilize a vagina by poring concrete.	[20:35]
jurov	*pouring	[20:35]
deadweasel	out of a powdered dead weasel's anus	[20:36]
*	Chilca has quit (Remote host closed the connection)	[20:37]
*	[\] has quit ()	[20:37]
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mod6	;;rate 1 thestringpuller Joined the BitOTTer project!	[20:38]
gribble	Error: 'thestringpuller' is not a valid integer.	[20:38]
mod6	bah	[20:38]
mod6	;;rate thestringpuller 1 Joined the BitOTTer project!	[20:38]
gribble	Rating entry successful. Your rating of 1 for user thestringpuller has been recorded.	[20:38]
kakobrekla	;;rate thestringpuller	[20:38]
gribble	(rate []) -- Enters a rating for in the amount of . Use optional field to enter any notes you have about this user. must be the user's GPG-registered username, Your previously existing rating, if any, will be overwritten.	[20:38]
assbot	[MPEX] [O.BTCUSD.C750T] 37 @ 0.08258454 = 3.0556 BTC [+]	[20:38]
kakobrekla	;;rated thestringpuller	[20:39]
gribble	You have not yet rated user thestringpuller	[20:39]
smickles	[\], must be making a killing off that "coming soon" ™	[20:39]
smickles	and all these asics	[20:39]
mod6	;;rate smickles 3 Some previous trades on OTC. Joined the BitOTTer project!	[20:40]
gribble	Rating entry successful. Your rating for user smickles has changed from 3 to 3.	[20:40]
mod6	i <3 this channel	[20:41]
mircea_popescu	jurov lolz. check out asciilifeform's mining link.	[20:41]
mod6	if anyone would like to help out with the BitOTTer project, send me a PM or join us in #BitOTTer	[20:42]
jurov	i have already seen it	[20:43]
kakobrekla	;;rate thestringpuller 1	[20:43]
gribble	Rating entry successful. Your rating of 1 for user thestringpuller has been recorded.	[20:43]
MJR__	;;ticker	[20:45]
gribble	BTCUSD ticker \| Best bid: 71.55000, Best ask: 72.00000, Bid-ask spread: 0.45000, Last trade: 71.55000, 24 hour volume: 65236.36510509, 24 hour low: 68.90583, 24 hour high: 73.74999, 24 hour vwap: 71.87573	[20:45]
MJR__	;;ticker, ;brc	[20:47]
gribble	Error: "ticker," is not a valid command.	[20:47]
kakobrekla	twitter suggest to follow britney spears to bitbet	[20:47]
jurov	we have been solving BNFs by hand in highshool. so have firsthand experience how NP-hard that stuff is with increasing number of variables	[20:48]
kakobrekla	ltc is back to 0.006 i see :)	[20:49]
jurov	4 bits/variables - trivial, 5/6 bits - solvable by hand if you have time and patience	[20:49]
jurov	up to 20 bits - fully solvable by computer	[20:50]
jurov	anything beyond that, you can only stab in the problem and hope you'll get something close anoutgh to minimal	[20:50]
jurov	*enough	[20:51]
*	Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets	[20:51]
benkay	are we talking about SAT solving?	[20:52]
jurov	yes	[20:52]
MJR__	doesn't sat solving get easier	[20:52]
MJR__	over time?	[20:52]
jurov	generally when computers get 2x more powerful, you can solve one bit more	[20:53]
jurov	so it will really take some time till we arrive to 160 or 256 bits	[20:54]
mircea_popescu	fresh from the mp evil rants department : http://polimedia.us/trilema/2013/of-mice-and-men-revisited/	[20:56]
mircea_popescu	jurov depends if they actually get a breakthrough.	[20:56]
mircea_popescu	this isn't a universal np problem they're approaching but a well defined subset	[20:57]
jurov	yes, that's also possible.	[20:57]
mircea_popescu	that's i think the motivating factor : one clever idea, lots of value in it.	[20:57]
jurov	oh mp, have you seen i coined a new term befitting teh community? "mining scene"	[20:58]
mircea_popescu	hehe	[20:58]
mircea_popescu	as in buncha hipsters ?	[20:58]
jurov	https://twitter.com/coin_br << like, used here	[20:59]
jurov	we reviewed mining scene	[20:59]
mircea_popescu	lol k	[21:00]
benkay	"I fire twentysomethings of his particular school of mental retardation "	[21:00]
benkay	fire them for making mistakes, or insisting the mistakes are the software's problem?	[21:00]
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asciilifeform	mircea_popescu: the "I fire..." quote reads like "I expel rabid badgers from my house every day."	[21:01]
benkay	(which is actually their problem by proxy they just don't get it)	[21:01]
mircea_popescu	well... kinda what it is.	[21:01]
asciilifeform	mircea_popescu: one naturally wants to ask: why were they there?	[21:01]
mircea_popescu	benkay in general it goes EXACTLY like the bitcoin shit went down.	[21:01]
mircea_popescu	new kid wants to improve X with Y supertechnology we old stuffies don't know abou	[21:01]
tiberiusiv	BFL is going to fail to deliver for 2 reasons	[21:01]
mircea_popescu	because we just dion't understand, maan	[21:01]
MJR__	mircea_popescu: nice article	[21:01]
tiberiusiv	1) they are short asic 2) they are short BTC 3) they are long USD	[21:02]
benkay	mm	[21:02]
asciilifeform	mircea_popescu: that is, why do you hire them?	[21:02]
benkay	want to talk more about this	[21:02]
benkay	but team lunch impends.	[21:02]
mircea_popescu	i don't hire them, they just get hired.	[21:02]
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mircea_popescu	in general the way things work in the western world is if you wish to be hired by X you wil be	[21:02]
asciilifeform	mircea_popescu: at MPEx? what else "just happens" there?	[21:02]
mircea_popescu	just like university. if you wish to enroll you will.	[21:02]
mircea_popescu	now, finish there ? diff story.	[21:02]
mircea_popescu	no not at mpex	[21:02]
assbot	[HAVELOCK] [VTX] 1 @ 0.5451 BTC [+]	[21:03]
smickles	asciilifeform: mircea_popescu does have a 'real' business	[21:03]
mircea_popescu	this discussion re hiring/firing ppl has nothing to do with mpex, it's my larger experience	[21:03]
mircea_popescu	i've not yet actually fired anyone at mpex. it's not quite large enough to have a hr to do mishiring	[21:03]
mircea_popescu	as you well observe.	[21:03]
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mircea_popescu	tiberiusiv this is a point, they're unwittingly/unintentionally short both asic and btc	[21:04]
smickles	I wan't a scribe to follow me around and record my activities in iambic pentameter	[21:04]
mircea_popescu	that can't work well.	[21:05]
tiberiusiv	mircea: thats why basic failed and covered only 5% of their BTC shorts	[21:05]
jurov	bitvps really fits this mold, once respected company listed on mpex, now something with customer testimony on frontpage with dead link	[21:06]
mod6	:	[21:06]
*	daybyter (~andreas@88-134-92-51-dynip.superkabel.de) has joined #bitcoin-assets	[21:06]
mod6	:/	[21:06]
mod6	i had high-hopes for bvps	[21:06]
jurov	i can't resist trolling them... hosting company with deal customer link on frontpage, wtf?	[21:07]
jurov	*dead	[21:07]
mircea_popescu	anyway, benkay : new kid wants to impress everyone with his cool skills. is warned about what the failure modes are and what is expected and what to check.	[21:08]
jurov	seem nice tiled background is more important for'em.	[21:08]
mircea_popescu	he proceeds to just code, never check, never design for fault tolerance, nothing	[21:08]
mircea_popescu	then he explains that it's not his fault	[21:08]
mircea_popescu	then he gets fired.	[21:08]
deadweasel	that is natural	[21:08]
mircea_popescu	natural means stupid in this context.	[21:09]
deadweasel	natural to fire him	[21:09]
mircea_popescu	coding is a high civilisation adventure, which means quite perverted	[21:09]
mircea_popescu	ie, not natural	[21:09]
mircea_popescu	ah. myea.	[21:09]
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mircea_popescu	anyway, im really looking forward to more peeps with business / financial / legal / whoring / etc experience joining btc	[21:12]
mircea_popescu	as the tech matures.	[21:12]
asciilifeform	mircea_popescu: yeah, because that worked out so well for personal computing (and later the Net)...	[21:14]
mircea_popescu	it did.	[21:15]
deadweasel	yeah	[21:15]
mircea_popescu	it worked wonderfully.	[21:15]
mircea_popescu	there's like 1 trillion worth of equipment deployed in support of the net atm	[21:15]
mircea_popescu	that would have NEVER existed otherwise.	[21:15]
deadweasel	also, BTC....	[21:16]
deadweasel	worked out pretty well for me	[21:16]
asciilifeform	mircea_popescu: you speak as if that's evidence of effectiveness	[21:16]
deadweasel	and porno.	[21:16]
MJR__	but why is the goal to humiliate lol	[21:16]
mircea_popescu	MJR__ it's not.	[21:16]
mircea_popescu	asciilifeform just evidence of size.	[21:16]
MJR__	I was kidding	[21:16]
deadweasel	immediately transferring information across the world instantaneously? it's pretty sweet.	[21:16]
MJR__	I agree with you	[21:17]
MJR__	good article	[21:17]
deadweasel	asciilifeform: what is inneffective?	[21:17]
*	Descry (~Descry@smart.twinriver.esu7.org) has joined #bitcoin-assets	[21:17]
MJR__	way more important to design a good system	[21:17]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.7612 = 2.2836 BTC [-]	[21:18]
asciilifeform	deadweasel: you know how failing organs sometime enlarge to unbelievable sizes? hearts the size of a basketball?	[21:18]
assbot	[BTCTC] [ASICMINER-PT] 10 @ 0.761102 = 7.611 BTC [-]	[21:18]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.761102 = 1.5222 BTC [-]	[21:18]
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deadweasel	asciilifeform: yes	[21:18]
deadweasel	asciilifeform: are you saying the interwebz is going to arrest and stop working?	[21:18]
mircea_popescu	yes well, if you define the purpose of the net as "exchanging research papers" then it's totally hydropizic.	[21:18]
mircea_popescu	thing is much like btc, the net doesn't have a fixed purpose.	[21:19]
deadweasel	dafuq is hydropizic?	[21:19]
mircea_popescu	the condition of the enlarged hearth	[21:19]
mircea_popescu	emperor hadrianus had it	[21:19]
deadweasel	i see	[21:20]
mircea_popescu	they forbid him drink water. he has this elegia about water somewhere, about how great it is	[21:20]
tiberiusiv	mircea: do you live inside a hotel?	[21:20]
mircea_popescu	and how it sucks to be the emperor and not be able to have a motherfucking glass of water	[21:20]
mircea_popescu	tiberiusiv nope	[21:20]
asciilifeform	Reminds me of: "I remember someone saying that if it hadn't been for automatic switches in the telephone network, the entire population of planet earth would have had to be telephone operators to handle the load of telephone usage in 1993 or thereabout. I get the eerie feeling that because modern computer systems are so incredibly braindamaged in their design and in the tools used to program them, the entire po	[21:20]
asciilifeform	pulation of planet earth will be programming these idiotic boxes pretty soon..." (https://groups.google.com/group/comp.lang.misc/msg/39a8ab509dcb814?dmode=source&output=gplain)	[21:20]
deadweasel	asciilifeform: it's true, but that would be an improvement	[21:21]
asciilifeform	the net just barely works if you are thinking of a purpose other than exchanging spam, crapware, persilential ads, and idiocy.	[21:22]
asciilifeform	*pestilential	[21:22]
deadweasel	put robots in the mines, teach the miners to program them	[21:22]
deadweasel	net works great for me	[21:22]
deadweasel	unlesss I'm trying to use coinbase or mtgox	[21:22]
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mircea_popescu	tiberiusiv http://polimedia.us/trilema/2011/mutatis-mutandis/ there, inside shots	[21:23]
tiberiusiv	whats the rent there	[21:24]
mircea_popescu	i've paid 22k for a year.	[21:24]
mircea_popescu	(lei)	[21:24]
tiberiusiv	whats that in btc	[21:25]
mircea_popescu	hmm lessee	[21:25]
asciilifeform	mircea_popescu: a slice of stake from the grocery also doesn't have a fixed purpose. you can cook and eat it, or put it out in the sun and wait for it to grow with thousands of flies.	[21:25]
asciilifeform	growth!	[21:25]
mircea_popescu	;;calc 22000 / 3.4 / 72	[21:25]
gribble	89.8692810458	[21:25]
mircea_popescu	asciilifeform steak ?	[21:25]
asciilifeform	more flies (users!) is good, right	[21:25]
mircea_popescu	depends how yo udefine it.	[21:26]
mircea_popescu	if you're trying to grow flies yes it is.	[21:26]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.789 BTC [+]	[21:26]
asciilifeform	steak, yes	[21:26]
mircea_popescu	point being : to attack the internet today you need to contend with something 1 trn worth of large.	[21:26]
mircea_popescu	it wouldn't hurt btc to be in the same position.	[21:26]
assbot	[BTCTC] [ASICMINER-PT] 10 @ 0.796 = 7.96 BTC [+]	[21:26]
assbot	[BTCTC] [ASICMINER-PT] 10 @ 0.7965 = 7.965 BTC [+]	[21:26]
assbot	[BTCTC] [ASICMINER-PT] 14 @ 0.79697 = 11.1576 BTC [+]	[21:26]
asciilifeform	nope, you just need the "NSAkey"	[21:26]
mircea_popescu	there's no nsakey.	[21:27]
kakobrekla	hm 400somethin euro per month	[21:27]
kakobrekla	is that a flat or a house	[21:27]
mircea_popescu	i get it, makes for a decent novel plot	[21:27]
mircea_popescu	but there's no nsakey	[21:27]
asciilifeform	http://en.wikipedia.org/wiki/NSAKEY and whatever the modern equivalent is	[21:27]
mircea_popescu	kakobrekla house. i got a garden and there's also a 2nd floor	[21:27]
tiberiusiv	mircea: have you upgraded to tailored suits yet	[21:27]
kakobrekla	mircea_popescu cool makes sense then	[21:27]
assbot	[BTCTC] [ASICMINER-PT] 18 @ 0.8 = 14.4 BTC [+]	[21:27]
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asciilifeform	what fraction of BTC users use MSwin/macos?	[21:28]
robonerd	hey what's this channel for?	[21:28]
mircea_popescu	my suits are handweaved by teary eyed slves out of their own hair!	[21:28]
mircea_popescu	asciilifeform actually there's a lot of macos surprisingly	[21:28]
asciilifeform	if you run a popular commercial OS, you're uncle sam's bitch, whether you know it or not.	[21:29]
robonerd	yea true	[21:29]
robonerd	i want to buy in on a asic-based mining op. i only have $200 to invest	[21:29]
asciilifeform	this includes Cisco/Juniper backbones.	[21:29]
mircea_popescu	asciilifeform i think mpex quite clearly showed you don't have to be.	[21:30]
mircea_popescu	and if you choose to be...well... nothing wrong with that.	[21:30]
mircea_popescu	robonerd perhaps asicminer if it's not overvalued iyo.	[21:30]
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asciilifeform	mpex hums along because a bureaucrat hasn't hit the "dump all win32/osx machine's BTC wallets to one address" key yet.	[21:31]
mircea_popescu	otherwise i don't trust them things personally, but ymmv.	[21:31]
mircea_popescu	asciilifeform even if he had, it'd hum just as nicely.	[21:31]
robonerd	well how can i get in on the bitcoin surge? i'm an apple ios developer, i can write bitcoin related software to help ppl in exchange for btc mining hardware	[21:31]
asciilifeform	mircea_popescu: hope you'll enjoy having him as the sole client, then	[21:31]
mircea_popescu	wouldn't be the sole client. you've seen the faq right ?	[21:32]
mircea_popescu	plenty of people are going the cold route.	[21:32]
asciilifeform	a cold wallet is only cold until you want to spend some?	[21:33]
mircea_popescu	robonerd i don't think anyone's lookingto give away hardware atm	[21:33]
mircea_popescu	one way to get in may be to just buy bitcoin, if you don't think it's overvalued atm	[21:33]
mircea_popescu	asciilifeform http://mpex.co/faq.html#18	[21:33]
mircea_popescu	Step 4. Your account is now set up, you can use it in full confidence. Yes, this includes the inconvenient step of transferring GPG-encoded strings from a cold machine to a hot machine.	[21:34]
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mircea_popescu	in practice most everyone uses a qr gun from what i understand.	[21:34]
asciilifeform	mircea_popescu: yes, ok, MPEx might be using cold wallets, kept on Mars. But most BTC users don't. and if you want to spend any, you have to defrost.	[21:34]
mircea_popescu	nono	[21:35]
mircea_popescu	im talking about the users.	[21:35]
mircea_popescu	you setup your signing on one machine, connect another to the internet	[21:35]
mircea_popescu	its really niot that hard/expensive to do	[21:35]
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asciilifeform	also, in practice, most air gaps aren't. see Stuxnet & friends.	[21:35]
mircea_popescu	well, problem there is the process.	[21:36]
mircea_popescu	when 1000s of ppl are involved security takes a hike	[21:36]
asciilifeform	mircea_popescu: do you hand-type the public keys and signed transactions?	[21:36]
MJR__	yes true	[21:36]
mircea_popescu	it's trivial for you to implement a secure system if it's only got one user	[21:36]
mircea_popescu	asciilifeform consider the case of an old laptop you get off ebay for 200 bux, format and install linux on.	[21:37]
mircea_popescu	as long as you don't connect it to the net ever, what's the worst that can happen ?	[21:37]
asciilifeform	mircea_popescu: is your cold machine kept in a Faraday cage room, with optically isolated power?	[21:37]
smickles	hardcore	[21:37]
mircea_popescu	dude, it's a laptop. you don't need to isolate the power :D	[21:37]
asciilifeform	pick up a spectrum analyzer on ebay and see how far your laptop radiates.	[21:37]
mircea_popescu	if you demonstrate key stealing off a laptop i'll give you a btc in bounty	[21:38]
asciilifeform	http://en.wikipedia.org/wiki/Tempest_(codename)	[21:38]
MJR__	yes...so gain physical access	[21:38]
mircea_popescu	yes well, tempest stuff is detecting airplanes and industrial facilities.	[21:38]
mircea_popescu	MJR__ i wastalking, with a spectrum analyzer.	[21:39]
asciilifeform	mircea_popescu: if you demonstrate how to steal a vault full of diamonds in Belgium, I'll give you a U.S. dollar in bounty.	[21:39]
mircea_popescu	:)	[21:39]
mircea_popescu	that's easy : i just walk in there, say hi and hit them across the head.	[21:40]
mircea_popescu	as demonstrated in snatch	[21:40]
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MJR__	the point is that "security" is a spectrum	[21:41]
kakobrekla	hehe http://i.imgur.com/STSOYR9h.png	[21:41]
MJR__	as stated on mpex FAQ	[21:42]
assbot	[HAVELOCK] [VTX] 1 @ 0.54490001 BTC [-]	[21:42]
MJR__	you define the needs you have with their risks	[21:42]
MJR__	it's all about time spent vs possible loss	[21:42]
MJR__	probabilities	[21:42]
mircea_popescu	kakobrekla win	[21:42]
mircea_popescu	MJR__ as far as i can see, the job of the provider is to ensure you don't get squished.	[21:43]
MJR__	yeah	[21:43]
mircea_popescu	ie, that the spectrum available includes the zone you as a customer need	[21:43]
mircea_popescu	other than that... good luck and green onions.	[21:43]
MJR__	exactly	[21:43]
MJR__	I think mpex does that well	[21:43]
MJR__	with the key exchanging options	[21:44]
mircea_popescu	and even in that context : a little squishing up is acceptable	[21:44]
mircea_popescu	the idea is to not squish down as it were	[21:44]
mircea_popescu	a good example of this is disallowing weak passwords	[21:45]
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tiberiusiv	i dont get why cavirtex is voluntarily going to regulators in canada	[21:47]
tiberiusiv	even charging a sales tax they arent required too	[21:48]
mircea_popescu	tiberiusiv they are seizing an opportunity.	[21:48]
tiberiusiv	not to mention they are using the CAD dollar as a unit of account vs BTC	[21:48]
mircea_popescu	atm btc exchange is done legally in europe by the bitcoin-central ppl	[21:48]
mircea_popescu	and by nobody in the us	[21:48]
mircea_popescu	they have that space, they want to fill it.	[21:49]
MJR__	well, I personally don't like disallowing weak passwords	[21:49]
MJR__	I like notifying about the relative strength of a password	[21:50]
mircea_popescu	MJR__ yeah. in some broken environments however (such as, the web) you're desperate fgor air however	[21:50]
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MJR__	but forcing people to do a harder password leads to stick notes on monitors	[21:50]
MJR__	which is WAY less secure	[21:51]
MJR__	so the policy can lead to the exact opposite effect	[21:51]
mircea_popescu	very true	[21:51]
MJR__	offer broad range of security options...	[21:51]
mircea_popescu	you can't force good.	[21:51]
MJR__	2 factor	[21:52]
MJR__	yes	[21:52]
MJR__	I personally like pin code for financial transactions plus password for login	[21:52]
MJR__	makes it somewhat difficult enough for attacker but easier for user	[21:53]
mircea_popescu	so basically did asicminer just downgrade theyr "next batch" from 60 gh to 50gh	[21:53]
mircea_popescu	or have i not been paying attention here ?	[21:53]
kakobrekla	i dont even give a fuck anymore about these asic	[21:54]
mircea_popescu	no but listen! this is a big deal.	[21:54]
mircea_popescu	originally : 12gh + 60 gh	[21:54]
mircea_popescu	then their 12gh failed to materialise	[21:54]
mircea_popescu	atm they are at about 7gh, and hoping to get together 15	[21:54]
mircea_popescu	but the 2nd batch is 50 now	[21:54]
mircea_popescu	so out of 22 gh they put online 7 and are hoping for 15 tops	[21:54]
mircea_popescu	this means 1/3 of their chips blew out during the month ?	[21:55]
mircea_popescu	is the power thing a lie ?	[21:55]
*	kakobrekla recheckes the tinfoil hat	[21:55]
kakobrekla	dunno	[21:55]
MJR__	I think that 3rd wave Avalon might be a good deal still	[21:55]
MJR__	regardless of future difficulty	[21:56]
kakobrekla	its all fog and bullshit	[21:56]
mod6	yeah, i dunno	[21:56]
mod6	i wouldn't believe it until i see it	[21:56]
kakobrekla	so cause of the fog you cant see the shit	[21:56]
mircea_popescu	i wouldn't put money on any of it	[21:56]
kakobrekla	you might end up stepping in one	[21:56]
mircea_popescu	but it makes for a fun detective story imo	[21:56]
mod6	mircea_popescu: yeah i wouldn't put my btc's on it.	[21:57]
mod6	its too bad really, because these things could be awesome, but we have no way of knowing what we're getting or if we'll even get delivery.	[21:57]
mod6	or if it'll even work as advertised	[21:57]
MJR__	seen Avalon with my own 2 eyes	[21:57]
MJR__	in person	[21:58]
MJR__	hashing	[21:58]
kakobrekla	do the coins falling out cause much noise?	[21:58]
MJR__	it's getting around 8 coins per day	[21:58]
MJR__	such a racket with coins piling up everywhere	[21:58]
mircea_popescu	lol	[21:58]
jcpham	woohoo	[21:59]
mircea_popescu	https://bitcointalk.org/index.php?topic=137459.msg1658257#msg1658257 lol	[21:59]
jcpham	firstadopterponzicoinasic	[21:59]
mircea_popescu	bitcoin foundation should comission a statue group of usagi and deprived	[21:59]
mircea_popescu	pigeons could then finally have a haunt	[21:59]
jborkl	I don't understand usagi math	[22:00]
mircea_popescu	that's because you don't drink enough	[22:00]
mircea_popescu	paint stripper.	[22:01]
jborkl	and why anyone would even care about $2400 worth of silver is beyond me	[22:01]
mircea_popescu	i think deprived does it as a hobby	[22:01]
jborkl	I dont blame him	[22:01]
mircea_popescu	i also don't see where you get 2,4k ? no way he has 80oz	[22:01]
jborkl	I dont get why anyone would list a asset of 2400	[22:01]
jborkl	well, he says 80 oz	[22:01]
mircea_popescu	srsly ?	[22:01]
jborkl	in usagi land	[22:01]
jcpham	i hve 80 oz of silver	[22:01]
mircea_popescu	i thought more like 30 , anyway.	[22:01]
jcpham	what can i do with it	[22:01]
smickles	I had people like deprived looking at my statements, ya know that they said?	[22:02]
jcpham	start an asset or something?	[22:02]
mircea_popescu	jcpham you could make a silver cock	[22:02]
smickles	they said they lookd good and asked me what program i used to generate them	[22:02]
jborkl	he says 80 oz silver with 800 shares in the float and 43btc in debt	[22:02]
jcpham	what the fuck is 80 oz of silver anyways	[22:02]
jcpham	good for	[22:02]
*	smickles did them by hand	[22:02]
mircea_popescu	haha smickles	[22:02]
jcpham	mircea_popescu have you seen the amagi metals silver bullets?	[22:02]
mircea_popescu	nope	[22:03]
*	mircea_popescu is not much of a pm buff.	[22:03]
jcpham	http://www.amagimetals.com/1-oz-45-silver-bullet-round.html	[22:03]
jcpham	i saw it on reddit	[22:03]
jcpham	when they were basing coinabul	[22:03]
jcpham	*bashing	[22:03]
mircea_popescu	haha.	[22:03]
mod6	is it ACP?	[22:03]
*	Schadenfreude has quit (Ping timeout: 260 seconds)	[22:03]
mircea_popescu	what are these, for shooting vampires ?	[22:03]
mircea_popescu	VP rounds ?	[22:04]
jcpham	it's a silver knock off	[22:04]
jcpham	i wish it was primer + case	[22:04]
mod6	lol: One ounce .45 ACP silver bullet.	[22:04]
mod6	thats awesome	[22:04]
jcpham	fucking slay vampires	[22:04]
jcpham	what else am i going to buy with bitcoin	[22:04]
jcpham	amirite	[22:04]
mircea_popescu	wait. the casing is silver too ?!	[22:04]
mod6	right jcpham	[22:04]
jcpham	it doesn't fire	[22:04]
mircea_popescu	o	[22:04]
mod6	awe :?	[22:04]
jcpham	we wish it did	[22:04]
assbot	[BTCTC] [ASICMINER-PT] 7 @ 0.8 = 5.6 BTC [+]	[22:04]
mod6	i might of had to get a few for the G21	[22:05]
mircea_popescu	then they're silver rounds neh ? :D	[22:05]
jcpham	it is a mold of a .45 round if i understand it correctly	[22:05]
smickles	i used to know a guy who mad a few silver 22 bullets for the fun of it	[22:05]
jcpham	keep one in the chamber you know	[22:05]
jcpham	just in case	[22:05]
mircea_popescu	"I need 2btc will repay 2.5 btc My name is very well known "	[22:05]
*	guruvan (~guruvan@gateway/tor-sasl/guruvan) has joined #bitcoin-assets	[22:06]
*	adsffa (4c5f118e@gateway/web/freenode/ip.76.95.17.142) has joined #bitcoin-assets	[22:06]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [-]	[22:06]
deadweasel	he would have all of 15 shareholders.	[22:06]
*	guruvan- (~guruvan@gateway/tor-sasl/guruvan) has joined #bitcoin-assets	[22:07]
mircea_popescu	"Its kind of a personal website for me and my girlfriend. We are a webcam couple on chaturbate.com and we are trying to expand into the bitcoin world. cam4btc is a great idea and we are willing to promote the site on ours, but our site is just a way to promote my girlfriend and what all she is willing to do on cam"	[22:07]
mircea_popescu	white guy, too squishy to be a pimp ?	[22:07]
mircea_popescu	become forum entrepreneur!	[22:07]
assbot	[MPEX] [O.BTCUSD.C510T] 1000 @ 0.28837301 = 288.373 BTC [+]	[22:08]
mircea_popescu	"Btw, I have bought the domain and have hosting now. So that is where I am at. Now I am currently looking for someone who would like to help build the site. For now it would be a very small 1 page project. That will later have a forum and gallery. But for now, If you'd like to help build me a simple front page, let me know. I do not have much experience in website design."	[22:08]
jborkl	he should ipo that, lol	[22:08]
jcpham	"but our site is just a way to promote my girlfriend and what all she is willing to do on cam"	[22:08]
jcpham	that sentence gives me chills	[22:08]
jcpham	what a fucking weakling	[22:08]
assbot	[MPEX] [O.BTCUSD.C490T] 500 @ 0.3163976 = 158.1988 BTC [+]	[22:08]
jcpham	he could learn to phrase things better	[22:09]
jborkl	sounds like a glbse ipo	[22:09]
mircea_popescu	well... his name is well known, he needs 2btc loaned	[22:09]
jcpham	no	[22:09]
jcpham	link me to it	[22:09]
mircea_popescu	that poor girl, incidentally, i'd push her a hundred just to get out of the mess.	[22:09]
jcpham	please go	[22:09]
jcpham	d	[22:09]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.06812163 BTC [-]	[22:09]
mircea_popescu	https://bitcointalk.org/index.php?topic=154761.0;all	[22:10]
assbot	[MPEX] [O.BTCUSD.C750T] 2 @ 0.044 = 0.088 BTC [-]	[22:10]
jcpham	http://cultofturtle.com	[22:10]
jurov	reminds me to the russian who posted photo of his wife in underwear in front of rigs	[22:11]
mircea_popescu	jurov recal the sob story from siberia ?	[22:11]
assbot	[MPEX] [O.BTCUSD.C510T] 256 @ 0.28837301 = 73.8235 BTC [+]	[22:11]
mircea_popescu	the guy to whom i sent like a btc and republished his story and he was wtf happened	[22:11]
mircea_popescu	!ticker m ^oix	[22:11]
assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 66.64583078 / 67.37931378 (39043 shares, 9,008.62 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)	[22:12]
assbot	[HAVELOCK] [VTX] 4 @ 0.54489999 = 2.1796 BTC [-]	[22:12]
jborkl	No.. but she is a mommy, we have a 4 year old son. And I ran a BitCoin Review Site for a little while, but that kinda faded away, not much going on there.	[22:12]
jborkl	lol	[22:12]
jborkl	sad	[22:12]
smickles	;;calc 75/(1-.068)	[22:12]
gribble	80.4721030043	[22:12]
mircea_popescu	incredible : oix call side is like 15 btc under oix put side	[22:12]
mircea_popescu	total crossing.	[22:12]
smickles	;;calc 75/(1-.044)	[22:13]
gribble	78.4518828452	[22:13]
jurov	or result of lack of calls with appropriate strike	[22:13]
jurov	so puts get shorted instead	[22:14]
mircea_popescu	except puts got shorted all month	[22:14]
mircea_popescu	what'd be iyo an appropiate strike for calls atm ?	[22:14]
deadweasel	>>I am definately good for the loan, i will give personal info. that isnt a problem<<	[22:14]
mircea_popescu	i mean 75 is still out of the money (if just barely)	[22:15]
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smickles	;;bc,24hprc	[22:15]
gribble	71.58	[22:15]
smickles	73 is otm too	[22:16]
mircea_popescu	https://bitcointalk.org/index.php?topic=138047.msg1659914#msg1659914	[22:16]
jurov	i just say that calls striked > 75 would certainly sell atm and would affect the oix if they were available	[22:16]
mircea_popescu	whoa nelly, so bitmillions thing is 10% house edge ?!	[22:16]
assbot	[MPEX] [S.MPOE] 1000 @ 0.00069245 = 0.6925 BTC [-]	[22:16]
assbot	[MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [-]	[22:17]
assbot	[MPEX] [S.MPOE] 11500 @ 0.00069241 = 7.9627 BTC [-]	[22:17]
jurov	so i don't get why it's surprising that oix is crossed	[22:17]
mircea_popescu	jurov that's kinda vague tho. what, 77 ? 85 ? 99 ?	[22:17]
jurov	100,200,500 as i said already :DDD	[22:17]
mircea_popescu	ya right, you'll pay 5 cents for call 500	[22:18]
mircea_popescu	but anyway, my q was more, are yo uactually looking to buy and can't or just general discussion ?	[22:18]
mircea_popescu	cause i can add them, but kinda don't see the point, will have to change the notation anyway and that needs to wait till expiry.	[22:18]
jurov	not very much atm, but id' definitely bought 100 next month at least	[22:18]
jurov	C1000N	[22:19]
jurov	but i'm not asking you to add them asap	[22:19]
jurov	just i don't get the crossed oix comment	[22:19]
mircea_popescu	yeah, i think atm what i'll do is either 20-200 step 3	[22:19]
mircea_popescu	or else 25 - 300 step 5.	[22:19]
jurov	to me it seems obvious	[22:19]
mircea_popescu	any preferences from the public btw ?	[22:20]
smickles	mircea_popescu: oh please keep that trailing 0 in the mpsic, i don't want to recode things	[22:21]
mircea_popescu	;/	[22:21]
mircea_popescu	you'll have to recode things else everyone will have to keep typing a useless 0 all the time	[22:21]
assbot	[HAVELOCK] [VTX] 11 @ 0.54489999 = 5.9939 BTC [-]	[22:22]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8099 BTC [+]	[22:22]
smickles	bah, well, it's not that big of a deal anyway	[22:22]
mircea_popescu	originally the fraction strikes were great	[22:22]
mircea_popescu	what with btc being 2 and shit	[22:22]
mircea_popescu	but atm...	[22:22]
mircea_popescu	i guess i better make a general warning about this too huh.	[22:23]
smickles	ideally, you should have 6 strikes, 3 each side one standard deviation further away from the last	[22:23]
smickles	problem is, bitcoin goes thru 8 stddevs sometimes	[22:23]
mircea_popescu	yeah.	[22:23]
mircea_popescu	and there's other advantages to the linear scheme too	[22:24]
jurov	step 5 is OK. but definitely please either announce it first or make sure all new mpsic are different from current	[22:24]
jurov	if anyone holds the options, i mean. just renaming C250T into C025T and creating new C205T would cause utter chaos in coinbr database	[22:27]
jurov	*new C250T	[22:27]
*	LainZ (~LainZ@nan92-8-88-178-252-103.fbx.proxad.net) has joined #bitcoin-assets	[22:28]
mircea_popescu	prepare for it, because it's acomin'.	[22:29]
mircea_popescu	but the idea is, nobody will hold anything because it will be opex	[22:30]
mircea_popescu	so all options get exercised.	[22:30]
jurov	next month options then	[22:30]
jurov	so i can expect C200N to become C020T ?	[22:30]
mircea_popescu	those may pose a problem yes. there's like 50 or so total contracts outstanding.	[22:31]
mircea_popescu	jurov yes. i'm writing a full post explaining.	[22:31]
mircea_popescu	gimme a minute.	[22:31]
jurov	np	[22:31]
assbot	[BTCTC] [GSDPT] 10 @ 0.00375 = 0.0375 BTC [-]	[22:31]
assbot	[BTCTC] [GSDPT] 1 @ 0.00359 BTC [-]	[22:31]
assbot	[HAVELOCK] [SDICE] 4 @ 0.4937 = 1.9748 BTC [+]	[22:33]
thestringpuller	!m OIX	[22:33]
thestringpuller	!ticker m OIX	[22:33]
assbot	Um, shouldn't you be with your own tribe or somethin'?	[22:33]
thestringpuller	!ticker m ^OIX	[22:34]
assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 66.68349399 / 67.41250707 (39299 shares, 9,082.45 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)	[22:34]
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error4733	!last h vtx	[22:41]
assbot	Last trade for VTX on HAVELOCK was at 0.54489999 BTC [-]	[22:41]
error4733	nooooooooooooooooooooooooo	[22:41]
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assbot	[HAVELOCK] [VTX] 5 @ 0.54321 = 2.7161 BTC [-]	[22:44]
assbot	[HAVELOCK] [VTX] 4 @ 0.5449 = 2.1796 BTC [+]	[22:44]
assbot	[HAVELOCK] [VTX] 31 @ 0.54490001 = 16.8919 BTC [+]	[22:44]
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*	benkay (~benkay@67.50.19.230) has joined #bitcoin-assets	[22:46]
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assbot	[MPEX] [S.DICE] 1000 @ 0.00423294 = 4.2329 BTC [-]	[22:46]
assbot	[MPEX] [S.DICE] 3350 @ 0.00423293 = 14.1803 BTC [-]	[22:46]
mod6	$depth s.dice	[22:48]
mpexbot	mod6: Bids: ['250 @ 0.00380002', '250 @ 0.00380002', '250 @ 0.00380001', '100 @ 0.00320005', '100 @ 0.00320004']	[22:48]
mpexbot	mod6: Asks: ['250000 @ 0.0044', '4484 @ 0.00444443', '1000 @ 0.00449999', '60000 @ 0.0045', '1000 @ 0.00499979']	[22:48]
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mod6	250k @ .0044, time to back the truck up?	[22:48]
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assbot	[MPEX] [S.DICE] 1 @ 0.00380002 BTC [-]	[22:51]
*	PsychoticBoy has quit (Ping timeout: 252 seconds)	[22:52]
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*	PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets	[22:52]
assbot	[BTCTC] [ASICMINER-PT] 17 @ 0.8098 = 13.7666 BTC [-]	[22:53]
*	unbalanced_away is now known as unbalanced	[22:55]
assbot	[HAVELOCK] [SDICE] 4 @ 0.4938 = 1.9752 BTC [+]	[22:57]
unbalanced	Lower highs and lower lows since late yesterday for BTC/USD on Mt. Gox.	[22:57]
assbot	[HAVELOCK] [SDICE] 10 @ 0.5 = 5 BTC [+]	[22:58]
mircea_popescu	jurov and everyone else working a mpex bot of any kind : http://polimedia.us/trilema/2013/mpex-btc-usd-options-denomination-change/	[23:00]
mircea_popescu	please distribute this so we minimise surprises too.	[23:01]
*	PsychoticBoy_ (~psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets	[23:01]
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*	mod6 looks	[23:02]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.8098 = 1.6196 BTC [-]	[23:04]
mod6	ok my stuff is ok with that change.	[23:04]
mod6	its agnostic to the nomanclature of the MPSIC	[23:05]
mod6	it just get's 'em and displays them	[23:05]
mod6	or if you put one in, it'll match it.	[23:05]
assbot	[BTCTC] [ESECURITYSABTC] 1 @ 0.45898 BTC [+]	[23:07]
mircea_popescu	cool	[23:07]
mircea_popescu	so is pympex	[23:08]
mircea_popescu	but if you're running like a bot, things change	[23:08]
assbot	[BTCTC] [BTC-TRADING-PT] 100 @ 0.1505 = 15.05 BTC [-]	[23:08]
ThickAsThieves	;;ticker	[23:09]
gribble	BTCUSD ticker \| Best bid: 66.00000, Best ask: 66.50000, Bid-ask spread: 0.50000, Last trade: 66.00000, 24 hour volume: 67515.82621468, 24 hour low: 66.30000, 24 hour high: 73.74999, 24 hour vwap: 71.33874	[23:09]
ThickAsThieves	dun dun!	[23:09]
mircea_popescu	wait what ?!	[23:09]
mircea_popescu	srsly ?	[23:09]
unbalanced	Warned youse.	[23:09]
mod6	mircea_popescu: nod	[23:10]
mircea_popescu	no wonder options were covering like crazy	[23:10]
mod6	seems to be good support down to $60 though	[23:10]
mod6	;;bids 60	[23:10]
gribble	There are currently 13803.831 bitcoins demanded at or over 60.0 USD, worth 865440.635754 USD in total. \| Data vintage: 0.0071 seconds	[23:10]
mircea_popescu	1mn	[23:11]
dub	;;goxlag	[23:11]
gribble	71.869109 seconds	[23:11]
Namworld	wouldn't be the first 10k BTC drop at market price that pops right back up	[23:11]
mircea_popescu	"MPOE-PR, You are an incredibly stupid person to be so well written. Did you have an accident, like a blow to the head?"	[23:11]
dub	^nobody knows wtf the depth is	[23:11]
ThickAsThieves	gox suggested bid is 66	[23:11]
ThickAsThieves	stuck at 66	[23:11]
ThickAsThieves	so lame	[23:11]
*	benkay has quit (Quit: benkay)	[23:12]
ThickAsThieves	they need to change that	[23:12]
assbot	[BTCTC] [BITVPS] 100 @ 0.004 = 0.4 BTC [+]	[23:12]
ThickAsThieves	when the socket dies, the suggested price pauses	[23:12]
dub	s/they/we	[23:12]
ThickAsThieves	so people just use it cuz they are dumb	[23:12]
assbot	[HAVELOCK] [VTX] 15 @ 0.54490001 = 8.1735 BTC [+]	[23:13]
assbot	[MPEX] [O.BTCUSD.P730T] 17 @ 0.12393099 = 2.1068 BTC [-]	[23:13]
jurov	well, any better way to suggest a price when exchange interface is unavailable?	[23:13]
ThickAsThieves	dont have a borked system?	[23:13]
ThickAsThieves	dont suggest price?	[23:13]
ThickAsThieves	show an orderbook?	[23:14]
ThickAsThieves	etc	[23:14]
jurov	well, it's actually the coinbr feature i like most.. having whole orderbook right on new order page	[23:14]
jurov	if it doesn't load it's like flying blind :D	[23:14]
Namworld	66? no, stuck at 66.66666666	[23:14]
ThickAsThieves	still at 66	[23:15]
mod6	i see ~800 @ 65.5	[23:15]
ThickAsThieves	they could easily be manipulatng (gox)	[23:15]
Namworld	It's the weekend dip...	[23:15]
ThickAsThieves	if they just switch the suggested bif	[23:15]
mod6	heh i've got bad data	[23:15]
ThickAsThieves	bid	[23:15]
ThickAsThieves	then they decide the price	[23:16]
ThickAsThieves	people see a $10 drop in suggestion	[23:16]
ThickAsThieves	and panic	[23:16]
assbot	[BTCTC] [S.DICE-PT] 11 @ 0.00469 = 0.0516 BTC [-]	[23:16]
Namworld	Happens every friday. Some herd-mind creatures all go nuts every friday because they worship some natural event they provoke.	[23:16]
mircea_popescu	hahaha	[23:16]
mircea_popescu	aptly put	[23:16]
ThickAsThieves	i'm not convinced	[23:17]
ThickAsThieves	weekend dip was analyzed for weeks	[23:17]
Namworld	It's called blaming the banks	[23:17]
ThickAsThieves	and proven to not be predictable	[23:17]
Namworld	Everybody does it	[23:17]
assbot	[BTCTC] [BASIC-MINING] 1 @ 0.34 BTC [+]	[23:20]
ThickAsThieves	i aint complaining	[23:22]
ThickAsThieves	i just got my deposit from campbx :)	[23:22]
ThickAsThieves	so i welcome the dip	[23:22]
ThickAsThieves	took them 3 fucking weeks	[23:23]
assbot	[MPEX] [O.BTCUSD.P730T] 14 @ 0.12565086 = 1.7591 BTC [+]	[23:23]
ThickAsThieves	;;goxlag	[23:24]
gribble	117.445562 seconds	[23:24]
ThickAsThieves	;;ticker	[23:24]
gribble	BTCUSD ticker \| Best bid: 67.00000, Best ask: 68.50000, Bid-ask spread: 1.50000, Last trade: 68.50000, 24 hour volume: 68088.46052488, 24 hour low: 65.88000, 24 hour high: 73.74999, 24 hour vwap: 71.29410	[23:24]
assbot	[BTCTC] [BITVPS] 1 @ 0.00464 BTC [+]	[23:25]
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dub	;;ticker	[23:29]
gribble	BTCUSD ticker \| Best bid: 69.02127, Best ask: 70.00000, Bid-ask spread: 0.97873, Last trade: 70.00000, 24 hour volume: 73864.51626862, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.87635	[23:29]
*	Bowjob (4b9d1e75@gateway/web/freenode/ip.75.157.30.117) has joined #bitcoin-assets	[23:32]
Bowjob	meow	[23:32]
Bowjob	the flash crash woke me up	[23:32]
Bowjob	;;ticker	[23:32]
gribble	BTCUSD ticker \| Best bid: 69.02230, Best ask: 69.80000, Bid-ask spread: 0.77770, Last trade: 69.80000, 24 hour volume: 74785.18483392, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.86350	[23:32]
Bowjob	mhm	[23:32]
Bowjob	;;goxlag	[23:33]
gribble	74.29226 seconds	[23:33]
mod6	i think its awesome that btc gets people out of bed	[23:33]
mod6	reminds me of when I used to sleep behind the servers in the NOC	[23:33]
mod6	(its warm back there!) lol	[23:34]
error4733	sade to see how just a 5K dump can cut 10%	[23:34]
mircea_popescu	error4733 that's the case pretty much across the spectrum	[23:34]
*	darkee (~darkee@gateway/tor-sasl/darkee) has joined #bitcoin-assets	[23:34]
mircea_popescu	$depth s.dice	[23:34]
mpexbot	mircea_popescu: Bids: ['250 @ 0.00380002', '249 @ 0.00380002', '250 @ 0.00380001', '7000 @ 0.003308', '100 @ 0.00320005']	[23:34]
mpexbot	mircea_popescu: Asks: ['4484 @ 0.00444443', '1000 @ 0.00449999', '60000 @ 0.0045', '13055 @ 0.00499977', '1000 @ 0.00499979']	[23:34]
error4733	(talk about btc)	[23:35]
error4733	i stop to hurt myslef to follow SD price	[23:35]
error4733	i play lee than 1 instead	[23:36]
*	benkay has quit (Quit: benkay)	[23:36]
*	PsychoticBoy__ has quit (Quit: Colloquy for iPhone - http://colloquy.mobi)	[23:36]
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Bowjob	profit for march is about 1k BTC right now	[23:36]
error4733	...yeaaa	[23:36]
mircea_popescu	error4733 lol	[23:36]
mircea_popescu	the cause is pretty much the lack of stabilisation agents.	[23:37]
*	smickles sings "let's talk about B T C. Let's talk about you and me. Let's talk about all the good thing and the bad thing it can me"	[23:37]
mircea_popescu	irl there's all the people doingfinancial planning, advising for clients,	[23:37]
error4733	btc rise didn't help...	[23:37]
mircea_popescu	referral based advertising etc	[23:37]
Bowjob	https://twitter.com/PaulSproge/status/315162016232923136	[23:37]
Bowjob	this guy called it	[23:37]
mircea_popescu	in here there's basically a bunch of coders running around like headless chickens implementing random shit	[23:38]
mircea_popescu	that then doens't work	[23:38]
mod6	lol smickles	[23:38]
Doffx	Err, how would that guy know unless he was the seller	[23:39]
Doffx	Or new of the sale to come	[23:39]
Doffx	knew*	[23:39]
Doffx	I guess I answered my own question really.	[23:40]
smickles	Doffx: prolly just an elliot waver	[23:40]
Doffx	What is an elliot waver?	[23:40]
smickles	;;lucky elliot wave theory	[23:40]
gribble	http://en.wikipedia.org/wiki/Elliott_wave_principle	[23:40]
Bowjob	isnt that what lucif does	[23:41]
smickles	Bowjob: that's what most all of them do	[23:42]
Bowjob	how come that guy called it correctly, that lucif dude always fucks it up	[23:42]
ThickAsThieves	;;estimate	[23:42]
gribble	Next difficulty estimate \| 6570267.53609 based on data since last change \| 7684587.17947 based on data for last three days	[23:42]
Doffx	Interesting	[23:42]
Bowjob	as a result, i go opposite of his forcasts	[23:42]
smickles	it's complicated enough that people don't understand it enough that confirmation bias sets in	[23:42]
assbot	[HAVELOCK] [SDICE] 10 @ 0.524 = 5.24 BTC [+]	[23:43]
*	savetheintermac has quit (Quit: Computer has gone to sleep.)	[23:43]
mircea_popescu	already back to 70	[23:43]
Bowjob	honestly i think TA mostly charlatans	[23:43]
kakobrekla	trading on current exchanges while dips : http://static.fjcdn.com/pictures/You_3ace5c_2337479.jpg	[23:43]
smickles	plus, it basically says, at each key point, it can go either way	[23:43]
Bowjob	it could be my own personal incredulity setting in	[23:43]
error4733	drop 15k from your stach and drive it to 60$...	[23:43]
smickles	;;ticker	[23:44]
gribble	BTCUSD ticker \| Best bid: 69.23770, Best ask: 69.73998, Bid-ask spread: 0.50228, Last trade: 69.23770, 24 hour volume: 75455.72439051, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.82006	[23:44]
Bowjob	but if those TA analysts know whats going on, they wouldnt sell to ppl their subscriptions	[23:44]
smickles	;;market --sell 15000	[23:44]
gribble	A market order to sell 15000 bitcoins right now would net 966129.1306 USD and would take the last price down to 61.0000 USD, resulting in an average price of 64.4086 USD/BTC. \| Data vintage: 0.0013 seconds	[23:44]
smickles	Bowjob: rationally, yes. they would even borrow money to do it themselves	[23:44]
assbot	[HAVELOCK] [VTX] 8 @ 0.54490001 = 4.3592 BTC [+]	[23:45]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.8098 BTC [-]	[23:45]
smickles	it would even make sense for them to borrow at hight rates, b/c their profit margin would overcome it	[23:46]
Ukto	http://gma.yahoo.com/blogs/abc-blogs/man-lists-bungalow-bitcoins-115706957--abc-news-savings-and-investment.html	[23:50]
error4733	this guy now had a nice new file open on his name with a IRS icon on top	[23:53]
tiberiusiv	bowjob: that arguement is wrong. same reason ASIC builders wouldnt sell	[23:54]
smickles	error4733: isn't that guy in canada?	[23:54]
tiberiusiv	selling a TA subscription is like selling call options	[23:54]
smickles	care to explain why that line of reasoning is included in the valuation of call options then?	[23:56]
unbalanced	or more like owning a call for free?	[23:56]
mircea_popescu	twitter fuckwits.	[23:56]
mircea_popescu	mpex happens to have introduced shorting in btc finance,	[23:56]
mircea_popescu	dood explains to me how im affraid of w/e the fuck.	[23:56]
mircea_popescu	where;s this "i have no clue thus therefore i know better" attitude come from already!	[23:56]
assbot	[MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [+]	[23:56]
assbot	[MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [+]	[23:56]
assbot	[MPEX] [S.MPOE] 4116 @ 0.00069241 = 2.85 BTC [-]	[23:56]
assbot	[MPEX] [S.MPOE] 546 @ 0.00069172 = 0.3777 BTC [-]	[23:56]
assbot	[MPEX] [S.MPOE] 8800 @ 0.00068839 = 6.0578 BTC [-]	[23:57]
assbot	[MPEX] [S.MPOE] 2338 @ 0.0006825 = 1.5957 BTC [-]	[23:57]
tiberiusiv	mpex finally coming off its overvaluation	[23:57]
mircea_popescu	awww i can has 50mn ?	[23:58]
Bowjob	"a bitcoin is worth $72.50? are there any smaller denominations because otherwise these things wouldn't work that well outside large transactions. i.e. I'm not buying a pizza with 1 bitcoin when it means I'm giving the pizza joint a $58 tip."	[23:58]
Bowjob	"Maybe they can come up with a bitbitcoin worth $25.00 ..."	[23:58]
assbot	[HAVELOCK] [VTX] 5 @ 0.5451 = 2.7255 BTC [+]	[23:59]
Bowjob	watching clueless people talk about bitcoin	[23:59]
smickles	i can come up with a bitcoin worth 25 usd if you'll sell it to me	[23:59]
mircea_popescu	Bowjob ok, you win	[23:59]
deadweasel	me too	[23:59]
mircea_popescu	much worse than mine.	[23:59]

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