Forum logs for 26 Apr 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
jborkl people panic so much, so easy to predict [00:00]
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jurov one needs to be constantly vigilant toward self... to not fall into habit of using self's intelligence to make others appear dumb, for example [00:05]
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assbot [BTCTC] [S.BBET-PT] 1 @ 0.00199 BTC [+] [00:10]
mircea_popescu what are you like a kantian ? [00:10]
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joecool panic time, fleanode netsplit [00:15]
mod6 ;;ticker --last [00:16]
gribble 130.04000 [00:16]
ThickAsThieves ;;ticker --next [00:17]
gribble (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a (1 more message) [00:17]
ThickAsThieves :) [00:17]
mircea_popescu fleanode lmao [00:18]
pizzaman1337 ;;ticker [00:18]
gribble BTCUSD ticker | Best bid: 132.79999, Best ask: 132.80000, Bid-ask spread: 0.00001, Last trade: 132.79999, 24 hour volume: 145217.59936021, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 144.61258 [00:18]
mircea_popescu "to feague a horse is to put ginger up a horse’s fundament, and formerly, as it is said, a live eel, to make him lively and carry his tail well. It is said, a forfeit is incurred by any horse-dealer’s servant, who shall show a horse without first feaguing him." [00:19]
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assbot [MPEX] [S.MPOE] 7750 @ 0.00069843 = 5.4128 BTC [+] [00:23]
ThickAsThieves newsflash eel meat found in horse sausages! [00:24]
mircea_popescu ahaha [00:25]
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KRS1 wow that was fun [00:31]
KRS1 driving down the interstate 5 lanes each direction at 80 mph buying and selling through my android in my diesel 4x4 truck [00:31]
ThickAsThieves ... [00:32]
MJR_ To decorate or improve in appearance through artificial means. [00:33]
MJR_ To increase the liveliness of a horse by inserting an irritant, such as a piece of peeled raw ginger or a live eel, in its fundament. [00:33]
MJR_ wow, talk about a time when context could really matter [00:33]
mircea_popescu lol [00:34]
MJR_ that girl was really feaguing [00:34]
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MJR_ and lol...there is actually a 3rd entry [00:34]
MJR_ (obsolete) To beat or whip; to drive. [00:34]
MJR_ either whipping, sticking eels up horses asses, or making yourself pretty with makeup...how could anyone ever miscontrue what i meant? [00:35]
asciilifeform don't look a gift horse... in the arse? [00:35]
MJR_ hahaha [00:35]
ThickAsThieves all forms of primping :) [00:35]
asciilifeform sawdust in the gearbox, apparently timeless. [00:36]
mircea_popescu they literally aren't that distinct are they :D [00:36]
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mircea_popescu http://www.greaterfool.ca/wp-content/uploads/2013/04/kid.jpg?161856 [00:47]
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KRS1 HAH [00:58]
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pgp3 just looked at chart... shit... a couple hours can be an eternity in bitcoin land... [01:01]
kakobrekla :) [01:01]
mircea_popescu what now [01:02]
mircea_popescu ;;ticker [01:02]
gribble BTCUSD ticker | Best bid: 142.16804, Best ask: 142.49990, Bid-ask spread: 0.33186, Last trade: 142.16804, 24 hour volume: 166821.51265896, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.49206 [01:02]
mircea_popescu heh [01:02]
pgp3 someone dumped A LOT of coin... jeez... [01:02]
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gesell can someone explain what happened that caused the drop to $90? [01:10]
KRS1 lol [01:10]
Scrat pizza was delivered to the gox headquarters [01:10]
Scrat the rest is history [01:10]
KRS1 this shit is nutty [01:11]
KRS1 some corn on the side too [01:11]
gesell no really, i dont see much on reddit and wasnt around at the time [01:12]
gesell so what really happened? [01:12]
jurov should we tell him? [01:12]
KRS1 look, its like this..this shit is nuttier than a port-o-potty at a peanut festival [01:12]
Scrat jurov: ssshhh [01:12]
pgp3 lol [01:13]
mod6 haha [01:13]
pgp3 what do you mean $90... I don't see that anywhere... [01:13]
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KRS1 prolly a different exchange? [01:14]
gesell 25th at 22:25 for 91 [01:14]
gesell mtgoxusd [01:14]
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pgp3 maybe that was the limit price? [01:15]
mircea_popescu gesell someone fucked up the wash trading ? [01:15]
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pgp3 low was around 120 [01:15]
gesell hmm... well i had a lot of orders at $88 that got fulfilled [01:18]
gesell guess it was my fault [01:19]
gesell oh blah [01:20]
gesell my bad [01:20]
gesell sorry [01:20]
gesell just reading the gox emails wrong [01:21]
gesell was from a long time ago [01:21]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.16 BTC [-] [01:22]
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assbot [HAVELOCK] [HIM] 1 @ 1.705 BTC [-] [01:26]
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assbot [BTCTC] [BTC-GOLD] 1 @ 0.00111 BTC [-] [01:28]
thestringpuller ;;tiocker [01:31]
gribble Error: "tiocker" is not a valid command. [01:31]
thestringpuller ;;ticker [01:31]
gribble BTCUSD ticker | Best bid: 142.25001, Best ask: 142.36000, Bid-ask spread: 0.10999, Last trade: 142.36000, 24 hour volume: 177752.29026620, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.50780 [01:31]
assbot [MPEX] [S.MPOE] 1293 @ 0.00069843 = 0.9031 BTC [+] [01:32]
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thestringpuller mircea_popescu, that's what they call you. bitcoin billi-on-aire, lots of niggas say it ain't fair. [01:44]
mircea_popescu oddly, it's the crackers sayin' it ain't fair. [01:45]
thestringpuller LOL [01:45]
thestringpuller haters everywhere, tell em to grow a pair? [01:45]
thestringpuller as you sit in your lair, surrounded by bitches shaved with nair. [01:46]
mircea_popescu "The Less That You Wear, the More You Need Nair!" [01:47]
mircea_popescu lmao that's retarded. [01:47]
thestringpuller hahaha [01:47]
mircea_popescu basically sodium hidroxide ?! ouch. [01:49]
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assbot [MPEX] [S.MPOE] 1550 @ 0.00069955 = 1.0843 BTC [+] [01:50]
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assbot [BTCTC] [B.YABMC] 1 @ 0.01629 BTC [+] [01:52]
assbot [HAVELOCK] [HIM] 1 @ 1.7997 BTC [+] [01:53]
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assbot [HAVELOCK] [VTX] 10 @ 0.4485 = 4.485 BTC [+] [01:55]
assbot [HAVELOCK] [VTX] 10 @ 0.4485 = 4.485 BTC [+] [01:55]
assbot [MPEX] [S.MPOE] 5950 @ 0.00070076 = 4.1695 BTC [+] [02:00]
assbot [HAVELOCK] [VTX] 4 @ 0.4485 = 1.794 BTC [+] [02:03]
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assbot [HAVELOCK] [VTX] 11 @ 0.4201 = 4.6211 BTC [-] [02:17]
assbot [HAVELOCK] [VTX] 1 @ 0.42 BTC [-] [02:17]
assbot [HAVELOCK] [VTX] 4 @ 0.40070003 = 1.6028 BTC [-] [02:18]
assbot [HAVELOCK] [VTX] 25 @ 0.40070002 = 10.0175 BTC [-] [02:19]
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assbot [HAVELOCK] [HIM] 1 @ 1.7997 BTC [+] [02:25]
assbot [BTCTC] [COGNITIVE] 1 @ 0.198 BTC [+] [02:27]
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assbot [BTCTC] [COGNITIVE] 5 @ 0.1981 = 0.9905 BTC [+] [02:27]
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assbot [BTCTC] [COGNITIVE] 5 @ 0.1983 = 0.9915 BTC [+] [02:29]
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assbot [BTCTC] [BTC-BOND] 6 @ 0.009996 = 0.06 BTC [+] [02:34]
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assbot [BTCTC] [BTC-BOND] 5 @ 0.009997 = 0.05 BTC [+] [02:35]
assbot [MPEX] [S.MPOE] 9050 @ 0.00070076 = 6.3419 BTC [+] [02:35]
assbot [MPEX] [S.MPOE] 11617 @ 0.00070092 = 8.1426 BTC [+] [02:35]
assbot [BTCTC] [BTC-BOND] 2 @ 0.009999 = 0.02 BTC [+] [02:35]
assbot [HAVELOCK] [SDICE] 2 @ 0.28000002 = 0.56 BTC [-] [02:37]
assbot [HAVELOCK] [SDICE] 10 @ 0.28000001 = 2.8 BTC [-] [02:37]
assbot [BTCTC] [RSM] 1 @ 0.00303 BTC [-] [02:38]
assbot [BTCTC] [RSM] 238 @ 0.00302 = 0.7188 BTC [-] [02:38]
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Diablo-D3 ;;ticker [02:46]
gribble BTCUSD ticker | Best bid: 140.10015, Best ask: 140.98999, Bid-ask spread: 0.88984, Last trade: 141.22614, 24 hour volume: 187759.77712509, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.12243 [02:46]
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asciilifeform epic troll? http://www.americanbanker.com/bankthink/governments-must-co-opt-bitcoin-to-avert-disaster-1058380-1.html?zkPrintable=1&nopagination=1 [02:52]
gribble There are currently 151705.18 bitcoins demanded at or over 50.0 USD, worth 12737481.7987 USD in total. | Data vintage: 0.0082 seconds [02:53]
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gribble There are currently 21257.668 bitcoins demanded at or over 120.0 USD, worth 2718075.47269 USD in total. | Data vintage: 0.0060 seconds [03:03]
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jcpham http://www.nature.com/srep/2013/130425/srep01684/full/srep01684.html [03:05]
jcpham hurt yourself reading what i'm reading [03:05]
asciilifeform jcpham: idea: rape the algo traders who read this by implementing a contrarian algo [03:06]
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assbot [HAVELOCK] [SDICE] 1 @ 0.29 BTC [+] [03:17]
mircea_popescu A recent investigation has shown that the number of clicks on search results stemming from a given country correlates with the amount of investment in that country [03:17]
mircea_popescu totally. this is so useful and everything. [03:17]
mircea_popescu buncha onanists, these people. [03:17]
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seongyupyoo hi, i'm back with couple of questions [03:27]
seongyupyoo mircea still here? [03:27]
mircea_popescu yea [03:27]
seongyupyoo cool, so i've been thinking really hard about destorying, and really the only way this system would be viable if the destroy funds are either really destroyed, sent to void, sent back to blockchain somehow [03:29]
seongyupyoo i'm wondering what ways there are to do 1. really destroy bitcoins 2. blackhole it 3. give it back to blockchain [03:29]
seongyupyoo could you help? [03:29]
ThickAsThieves what's the difference between 1 and 2 [03:30]
mircea_popescu well, 1 justg send them to a fixed address like 1blackhole398759347589 [03:30]
seongyupyoo i don't know as i don't know how to do either [03:30]
ThickAsThieves 3 is best [03:31]
ThickAsThieves you dont want to be a destroying coins [03:31]
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ThickAsThieves and you couldnt prove that you were [03:31]
mircea_popescu seongyupyoo its simple, just send coins to an address that nobody has the key for. [03:31]
seongyupyoo ok so 1 and 2 are same [03:31]
mircea_popescu something arbitrary, like 1thisaddressisablackhole [03:31]
mircea_popescu you'll need to calculatge the checksums so it validates, but that's no big deal [03:31]
seongyupyoo ok [03:31]
mircea_popescu 3 you could just add it as miner fee in a tx. [03:32]
ThickAsThieves but the problem there is you are accelerating deflation [03:32]
seongyupyoo so i got that now 1 and 2 are same and you just send to an address that no one has key to [03:32]
mircea_popescu like, make a tx with 100 btc inputs, 1 satoshi outputs [03:32]
seongyupyoo i'm not following you when you say make tx with 100 input to and 1 output [03:33]
mircea_popescu all bitcoin txs have some inputs and some outputs. [03:33]
seongyupyoo how verifiable is adding as fee though? [03:33]
mircea_popescu very. [03:33]
ThickAsThieves he means .00000001 output [03:33]
seongyupyoo people will need to be able to see that their exact fund amount has been destroyed at that time [03:33]
ThickAsThieves easy you just link them to the tx [03:33]
mircea_popescu you just check the tx in blockchain, it'll be there. 100 goes in, 1 goes out so 99 was miner fee [03:33]
mircea_popescu or w/e actual numbers. [03:34]
assbot [MPEX] [S.MPOE] 4033 @ 0.00070092 = 2.8268 BTC [+] [03:34]
assbot [MPEX] [S.MPOE] 11595 @ 0.00070129 = 8.1315 BTC [+] [03:34]
seongyupyoo so send money from my wallet to my wallet with 100 input and 1 output if i don't to give back 99? [03:34]
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mircea_popescu um [03:35]
mircea_popescu come again ? [03:35]
seongyupyoo i'm just trying to clarify how to make a transaction [03:35]
seongyupyoo who is it going to and from? [03:36]
mircea_popescu whoever you want. [03:36]
seongyupyoo 100 input and 1 output [03:36]
ThickAsThieves you have to send an actual amount (i think) plus a tx fee [03:36]
mircea_popescu i think you'll have to read up on how bitcoin txs work [03:36]
ThickAsThieves most of the destroyed coin would be sent as the tx fee [03:36]
maximian send 0.00000001 BTC to any address, and specify a fee of 99BTC [03:36]
ThickAsThieves but you would send .00000001 of it to yourself [03:36]
seongyupyoo i see so it is fee [03:36]
seongyupyoo i understand that, i thought there was another way to manually setting input and output [03:36]
seongyupyoo how bad is destroying to blackholeaddress? [03:36]
ThickAsThieves i think its bad [03:37]
mircea_popescu pretty bad yea. [03:37]
ThickAsThieves and not necessary [03:37]
seongyupyoo ok [03:37]
seongyupyoo i think that settles it then [03:37]
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ThickAsThieves but do what mp said [03:37]
ThickAsThieves learn more about tx [03:37]
ThickAsThieves and blockchain [03:37]
ThickAsThieves and what your options are [03:37]
seongyupyoo i identified 4 big issues from all the feedback i gather today [03:37]
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ThickAsThieves because you might not want to send a 100btc tx fee [03:38]
ThickAsThieves you might want to send a lot of small ones [03:38]
ThickAsThieves depending on how mining pools snag them [03:38]
seongyupyoo would you guys like to hear the 4 problems, and my plan to solve them? [03:38]
mircea_popescu sure. [03:38]
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seongyupyoo well, if i send a lot of small ones, it would be hard for the traders to check their fund was destroyed [03:39]
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ThickAsThieves you can send more than one tx at once i think [03:39]
seongyupyoo i should start running a pool where i keep the transaction fee lol [03:39]
seongyupyoo then i'd need to provide many transation id as a proof of destruction [03:39]
seongyupyoo i think big fee would be fine [03:40]
ThickAsThieves maybe [03:40]
seongyupyoo also i figured out a way so that nobody will ever have to risk 100 BTC [03:40]
seongyupyoo probably 1 BTC to 10 BTC max [03:40]
seongyupyoo so max destruction is going to be 20-40 BTC at most [03:41]
seongyupyoo anyways, the first problem was issue of me running away with risk funds [03:41]
kakobrekla you are now arbitrarily setting what is ok give to pool ops? [03:41]
seongyupyoo I think I can remedy that by putting nashx under my current business of 7 years -> http://mosaically.com [03:41]
seongyupyoo so nashx might run under nashx.mosaically.com [03:42]
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seongyupyoo what do you guys think? [03:42]
seongyupyoo 2nd problem was destroying of the destroyed funds, and i'll handle that by sending it back to blockchain as fee [03:43]
assbot [MPEX] [S.MPOE] 46572 @ 0.000703 = 32.7401 BTC [+] [03:43]
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seongyupyoo 3rd problem is transparency, basically the ability for people to be able to see all that is happening in terms of transactions [03:44]
seongyupyoo i'll remedy that by making all transactions and messages between trader and such available for public view [03:45]
ThickAsThieves 1st problem seems like a non-problem with a non-solution [03:45]
seongyupyoo well someone thought that it was an issue, you're right it might not really be an issue. and it really isn't, but it was brought up, and i can see how some people might see that as risk [03:46]
seongyupyoo where as if it was under mosaically umbrella, then it would be under a corporation [03:46]
seongyupyoo more legit [03:46]
ThickAsThieves usagi: nashx.com/about [03:46]
seongyupyoo no i don't, i just made something called nashx [03:46]
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seongyupyoo last problem is problem of big transactions [03:47]
kakobrekla seongyupyoo, balances and txes are public and audiable... so transparency is not a big issue [03:47]
seongyupyoo yes i will see this through [03:47]
seongyupyoo at least to the next version having solve these 4 problems [03:47]
assbot [BTCTC] [BTC-BOND] 35 @ 0.01 = 0.35 BTC [+] [03:47]
seongyupyoo and i'll post it on reddit again, get feedback [03:47]
seongyupyoo sholdn't take long [03:48]
ThickAsThieves for the 3rd problem you can simply make your escrow address publicly known [03:48]
ThickAsThieves or addresses [03:48]
ThickAsThieves however if you escrow everything you slow it down [03:48]
seongyupyoo we don't escrow [03:48]
seongyupyoo it's person-to-person [03:48]
ThickAsThieves where are te collateral coins stored? [03:49]
seongyupyoo well, i really feel that something like nashx needs to exist for everyone's benefit [03:49]
seongyupyoo what collateral? there's no need [03:49]
ThickAsThieves maybe i need to read it better [03:49]
seongyupyoo yeah i think so... :) [03:49]
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seongyupyoo sure [03:50]
seongyupyoo my first name is seong yup [03:50]
mircea_popescu https://bitcointalk.org/index.php?topic=154089.msg1946133#msg1946133 lol [03:50]
seongyupyoo last name is yoo [03:50]
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maximian Bitcoin has a mechanism for multisig transactions - destruction isn't necessary [03:51]
maximian https://blockchain.info/wallet/escrow [03:51]
assbot [HAVELOCK] [SDICE] 1 @ 0.27500001 BTC [-] [03:52]
maximian unless I've misunderstood what you're trying to do [03:52]
mircea_popescu alrighty, i'm off. cya tomorro. [03:53]
* Now talking on #bitcoin-assets [12:37]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com/ [12:37]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013 [12:37]
assbot [BTCTC] [RSM] 1 @ 0.00302 BTC [-] [12:45]
mircea_popescu asciilifeform you'll have to one day sit down and write a full explanation as to why a. you think the us government matters at all and b. you think anyone other than you gives a shit. [12:46]
assbot [HAVELOCK] [HIM] 4 @ 1.7051 = 6.8204 BTC [-] [12:47]
mircea_popescu but i mean, a serious, explicit, inquisitive piece like if you were writing a physics paper. [12:47]
kakobrekla what is it down [12:48]
thestringpuller i thought mp said "like writing a physics engine" [12:50]
mircea_popescu lol [12:54]
mircea_popescu it's kinda funny tho because unique among literate people americans have spent a century or maybe even two in the firm belief that their government is like... good etc. paying their taxes, trying to do what policeman says etc. [12:55]
mircea_popescu this is a strictly american phenomenon, unheard of anywhere else, from france to morocco and from russia to iran [12:55]
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kakobrekla ;;later tell benkay is ok now [12:59]
gribble The operation succeeded. [12:59]
mircea_popescu http://polimedia.us/dtng/c/src/134295962723.jpg [13:04]
kakobrekla jurov i dont remember what i found it [13:06]
kakobrekla but unix timestamp ftw [13:06]
MJR_ what the fuck is wrong with people who make public policy? [13:14]
MJR_ instead of actually just letting them pay the price that they say they would pay, we take the word for it and set a rate? how does that make any sense [13:15]
MJR_ apparently the swaps market is also rigged like LIBOR [13:15]
mircea_popescu duh. [13:15]
MJR_ well, that is not surprising [13:15]
MJR_ but i just can't believe that no one actually does anything about it [13:16]
mircea_popescu http://bitbet.us/bet/329/btc-network-difficulty-tops-10-million-by-end/ funny how disputed this one ended up being. [13:16]
mircea_popescu somehow magically the bet submitter picked the exact spot where it'd be contentious. [13:16]
MJR_ like...if i went to the supermarket, and they did a survey asking everyone there how much an orange would cost me...instead of letting us just bid on the orange or w/e [13:16]
mircea_popescu but this is more democratic. [13:17]
mircea_popescu and less capitalistic. [13:17]
mircea_popescu both these are good things. especially for people who need beatings, know they need beatings, want to get their ass beaten raw. [13:17]
MJR_ lol [13:17]
MJR_ its also funny cuz they are really DP'ing everyone [13:18]
MJR_ let's cheat and fix the interest rate... [13:18]
MJR_ and then let's cheat and fix the price it takes to switch from variable to fixed rate [13:18]
mircea_popescu then people want banks to like bitcoin [13:18]
MJR_ how many other ways can you add corruption to a loan [13:18]
mircea_popescu yes dude, totally. they'll love bitcoin, where they have to come to me with that nonsense and be shown the door [13:19]
mircea_popescu they love this idea, pls moar. [13:19]
MJR_ well..."banks" is not a great word...there are banks and then there are banks [13:19]
MJR_ its not a monolithic structure... [13:19]
mircea_popescu this is very true. [13:20]
MJR_ but, once you are in the club, then you have no worries [13:20]
mircea_popescu on the other hand, i'm already buffing my cameras and mics for that glorious moment five or maybe three years down the road [13:20]
MJR_ hehehe [13:20]
MJR_ gonna be fun [13:20]
mircea_popescu when random anon bank ceo/vp/etc comes to bitcoin assets to start w/e project [13:20]
mircea_popescu and i go are you in the wot ? gtfo. [13:20]
mircea_popescu come back 1 yr. [13:21]
kakobrekla hehe [13:21]
kakobrekla we all dreamin. [13:21]
mircea_popescu and he's gonna be all whiny and i'm gonna be all dude, we've had this interdweeb nonsense for 3 or 5 years by now. [13:21]
mircea_popescu stfu and do whart you're told. [13:21]
mircea_popescu and so he's going to dig up the old protest threads on btctalk and bitch about how im a gypsy racist [13:21]
mircea_popescu and then our victory will have been complete. [13:22]
kakobrekla lol [13:22]
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mircea_popescu now don't any of you trolls quote this discussion then until after i'm done making teh banker my cockpuppet. [13:22]
MJR_ hehehe [13:22]
MJR_ ewwww, you want a banker for a cockpuppet? [13:22]
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mircea_popescu metaphorically speaking. [13:22]
MJR_ lol [13:22]
MJR_ i know of course [13:22]
mircea_popescu i have a 10 foot cock, i can stick it into banker [13:22]
mircea_popescu a little [13:23]
mircea_popescu at the tip [13:23]
mircea_popescu speaking of bankers, anyone have any favorite burlesque performers ? [13:23]
mircea_popescu i'm going to do like l'oreal etc and have a mpex image chick. [13:23]
pizzaman1337 this is why I have logging turned on [13:25]
MJR_ HAHAHA [13:25]
kakobrekla :D [13:25]
MJR_ yes [13:25]
MJR_ are we going to have the website to archive all of this? [13:26]
kakobrekla yep [13:26]
MJR_ hmmm...what if we put everything from bitcoin-assets into the blockchain? [13:26]
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pizzaman1337 no, bad idea [13:26]
pizzaman1337 blockchain is too big already [13:26]
MJR_ how future generations will judge us... [13:26]
mircea_popescu in fact this chan is growing faster than the blockchain [13:26]
kakobrekla i was trying to add it like yesterday or something but i got distracted [13:26]
pizzaman1337 we don't want everyone dropping their crap in the blockchain [13:26]
kakobrekla irc is to blame [13:27]
mircea_popescu scam. [13:27]
MJR_ i think it'd be hilarious, kinda like putting up posters of miley cyrus in the smithsonian [13:27]
mircea_popescu MJR_ they've put seinfeld. [13:27]
MJR_ or doodling on the constitution [13:27]
MJR_ lol [13:28]
mircea_popescu and in fairness, the blockchain isn't as bad as either miley cyrus or doodling. [13:28]
mircea_popescu we could tolerate it on our chan [13:28]
MJR_ i just think that the whole idea of posterity is going away rather quickly [13:28]
MJR_ we still have the illusion (some of us anyway) that the older generations were respectable [13:28]
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MJR_ our children will prob not have that illusion at all [13:28]
kakobrekla loool [13:29]
kakobrekla MJR_ is worried. [13:29]
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MJR_ srsly [13:30]
MJR_ when your kids can google the things you tweeted as a teenager yourself... [13:30]
mircea_popescu o hey, twitter delivers! >> @PaulFish This is what a CEO / founder needs to focus on. This is it. http://t.co/KopwO3Udpy [13:30]
MJR_ or even worse, if they see the pics you've posted of yourself [13:30]
mircea_popescu then people wonder why i have the time to irc and chase skirts. [13:30]
mircea_popescu MJR_ i think all future children will have to learn to be comfortable with the fact that their mother's goodies are public record. [13:31]
MJR_ yep [13:31]
thestringpuller mircea_popescu: it's kinda funny tho because unique among literate people americans have spent a century or maybe even two in the firm belief that their government is like... good etc. paying their taxes, trying to do what policeman says etc. << I would attribute that to the general populace being brainwashed into believing revolution is bad [13:38]
mircea_popescu are you kidding ? [13:38]
mircea_popescu it all started with revolution. [13:38]
mircea_popescu pretty much the only people who believe revolution is good, other than romanians and who knows who else. [13:38]
thestringpuller isn't that funny though?!?!? [13:38]
mircea_popescu kinda [13:38]
thestringpuller Sure we protest, and "get uppity", but in general you're taught all through childhood "do as your told", "don't question authority". [13:39]
thestringpuller Maybe if everyone were more poor? Or perhaps there was truly a need to revolt? American's are very apathetic, and actually seem to "enjoy" the lethargy that arises from it. [13:40]
mircea_popescu that's normal, good and common. [13:40]
mircea_popescu people should do what they're told and not question authority in most cases. [13:40]
thestringpuller People should not be lazy and educate themselves :P [13:41]
mircea_popescu that's also [13:41]
mircea_popescu but the society where people don't do what they're told and question authority a lot ends up something like france [13:41]
mircea_popescu can't get a fucking train on schedule, even if the schedule lists hours only, no minutes. [13:41]
thestringpuller Yea, or you get Detroit. [13:42]
thestringpuller Have you ever been to Detroit? [13:42]
MJR_ i've been to detroit [13:43]
mircea_popescu i avoided it. [13:43]
thestringpuller I think mircea_popescu would very well enjoy Detroit. [13:43]
thestringpuller You may need quite a few goons, and maybe a couple of drones... [13:43]
mircea_popescu you think ? [13:45]
mircea_popescu why ? [13:45]
thestringpuller Dude you survive in Bitcoin land which is like the virtual Detroit. [13:45]
thestringpuller Not only survive but thrive off it. [13:45]
thestringpuller Detroit is yours for the taking I'd think. [13:45]
thestringpuller You lived through the 90's Romanian revolution no? [13:46]
mircea_popescu yea... [13:46]
mircea_popescu what, i'm not affraid of "bad neighbourhoods" lol. [13:46]
mircea_popescu heck, i took teh coindelberg group through one here, it was funnay. [13:47]
thestringpuller is that like a pun? [13:47]
mircea_popescu which one ? [13:48]
thestringpuller coindelberg [13:48]
thestringpuller lol [13:48]
mircea_popescu lol. [13:48]
mircea_popescu the endlessly hacked frenchie guy came up with it [13:48]
thestringpuller Aw. And you were rooting for him. [13:48]
mircea_popescu myeah. [13:49]
mircea_popescu he has the luck of the irishman in reverse. [13:49]
thestringpuller I wonder how they keep getting in... [13:50]
jurov *that* was bad neighborhood? i failed to notice. no smell, hens or pigs [13:51]
assbot [MPEX] [S.MPOE] 6100 @ 0.00069657 = 4.2491 BTC [+] [13:51]
thestringpuller jurov's been to detroit? [13:51]
jurov no, in bratislava [13:51]
mircea_popescu jurov didja notice the gagle of 20 kids threatening to knife each other ? [13:51]
jurov yes i noticed, just joking a bit [13:52]
mircea_popescu was kinda funny, they were all "you ciocksucker, i bet you don't have 10 euros on you" "dude, if i do you suck my cock ???" "fuck you, show me" [13:53]
mircea_popescu i was like, hey, cool, nobody here is worth less than a million or some shit like that, you people are arguing about who has ten euros. [13:53]
mircea_popescu inequality ftw. [13:54]
jurov srsly, we need them in -otc. complete with knives [13:54]
mircea_popescu ;;ticker [13:56]
gribble BTCUSD ticker | Best bid: 129.98000, Best ask: 130.00000, Bid-ask spread: 0.02000, Last trade: 130.00000, 24 hour volume: 240970.80932549, 24 hour low: 120.08900, 24 hour high: 159.66165, 24 hour vwap: 137.00610 [13:56]
kakobrekla 50 here we come! [13:57]
mircea_popescu lol [13:57]
thestringpuller ;;bids 125 [13:57]
gribble There are currently 3217.5402 bitcoins demanded at or over 125.0 USD, worth 406095.036857 USD in total. | Data vintage: 0.0053 seconds [13:57]
thestringpuller ;;asks 140 [13:57]
gribble There are currently 7155.5675 bitcoins offered at or under 140.0 USD, worth 974221.764505 USD in total. | Data vintage: 7.8159 seconds [13:57]
thestringpuller ;;bids 120 [13:58]
gribble There are currently 18144.077 bitcoins demanded at or over 120.0 USD, worth 2216699.76409 USD in total. | Data vintage: 40.3246 seconds [13:58]
MJR_ lol coindelberg? [13:59]
mircea_popescu totally. [14:02]
jurov all hail our Lord deCrypto [14:03]
jurov http://www.reddit.com/r/deCrypto/ (nsfw) [14:03]
mircea_popescu kinda old this neh ? [14:04]
jurov yay "This subreddit has been slow, as have my mining operations. I thought I'd freshen it up a bit!" [14:04]
jurov old but good [14:04]
MJR_ lol good morning truffles [14:06]
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jurov trrrrrrufflesss? [14:15]
jurov *wink* [14:16]
jurov so you had to be helpful. [14:16]
MJR_ lol, have you guys heard of rebecca martinson [14:16]
kakobrekla truffles your kids will see that. [14:16]
jurov i need help, too [14:17]
mircea_popescu https://bitcointalk.org/index.php?topic=188178.0 [14:17]
mircea_popescu seems btc-e was actuyally hacked last week ? [14:17]
Chaang-Noi and we are back on topic [14:18]
mircea_popescu what, is truffles posting nudes ? [14:18]
MJR_ http://gawker.com/5994974/the-most-deranged-sorority-girl-email-you-will-ever-read?popular=true [14:18]
MJR_ this is why i love american colleges [14:18]
mircea_popescu [UPDATE 4/25: The sorority sister who authored the email has now resigned. Click here to read the sorority's official statement.] [14:19]
mircea_popescu see, this sorty of shit... [14:19]
mircea_popescu i would have made her chapter queen for a week, and everyone had to serve her in the nude. [14:19]
MJR_ she is awesome [14:21]
MJR_ she basically is implying that the other girls should have put out more for social status [14:21]
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mircea_popescu yep [14:21]
mircea_popescu do you know a name or anything ? [14:21]
mircea_popescu i'm inviting her over. [14:21]
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MJR_ rebecca martinson [14:24]
MJR_ my friend sent me that, i just asked one question...is she single [14:24]
mircea_popescu http://www.betcheslovethis.com/article/50-shades-of-just-okay [14:25]
mircea_popescu i dojn't give a flying fuck if she;s single. and tyvm. [14:25]
ThickAsThieves the email doesnt seem that controversial, i expected worse from the hype [14:27]
MJR_ http://www.betcheslovethis.com/article/Themed-Parties [14:28]
MJR_ this one is great, sororities hobos and hoes theme parties [14:28]
MJR_ and people say america doesn't have a great educational system... [14:28]
kakobrekla some dumb parents right there [14:29]
MJR_ lol, but...skateboards? [14:33]
assbot [HAVELOCK] [SDICE] 1 @ 0.29999998 BTC [+] [14:35]
MJR_ ;;ud betch [14:38]
gribble http://www.urbandictionary.com/define.php?term=betch | A betch is another way of saying "Bitch" except it sounds a million times better and makes you feel cool! [14:38]
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mircea_popescu http://www.studentorg.umd.edu/ [14:42]
mircea_popescu check that out lol [14:42]
Scrat are college sororities/fraternities only a murcan thing? or do other western countries have them [14:43]
mircea_popescu pretty much american [14:44]
kakobrekla ;;bc,stats [14:45]
gribble Current Blocks: 233241 | Current Difficulty: 8974296.01488785 | Next Difficulty At Block: 233855 | Next Difficulty In: 614 blocks | Next Difficulty In About: 3 days, 8 hours, 58 minutes, and 1 second | Next Difficulty Estimate: 9956757.41042 | Estimated Percent Change: 10.9475 [14:45]
kakobrekla so close to 10mil [14:45]
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kakobrekla 21 [14:46]
kakobrekla ya well its a scam! [14:46]
KRS1 lol [14:47]
MJR_ ;;ud cuntpunt [14:54]
gribble http://www.urbandictionary.com/define.php?term=cunt-punt | if a bitch/ minion gets wise with you, you kick and or punch them in their pussy. gets em everytime. If you talk back to me one more time, ill give ya a cunt punt, ... [14:54]
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assbot [MPEX] [S.DICE] 309 @ 0.00278789 = 0.8615 BTC [-] [15:15]
assbot [HAVELOCK] [SDICE] 2 @ 0.28000001 = 0.56 BTC [-] [15:17]
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mircea_popescu "And how do you know that none of the content was written by people behind it? (And even if it was not written, it was perfectly collected together.)The organization is 100% anonymous with bitcoin early developers and great programmers behind it. Satoshi Nakamoto, before he vanished, in the last interview in April said that he had "moved on to other things," how do you know that GBBG and their software is not that oth [15:20]
mircea_popescu er thing." [15:20]
mircea_popescu comedy gold. [15:20]
pgp2 mp: what is that in reference to? [15:23]
mircea_popescu https://bitcointalk.org/index.php?topic=154089.msg1949434#msg1949434 [15:24]
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assbot [MPEX] [S.MPOE] 4754 @ 0.00069657 = 3.3115 BTC [+] [15:27]
assbot [MPEX] [S.MPOE] 15996 @ 0.00069481 = 11.1142 BTC [-] [15:27]
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ThickAsThieves https://bitcointalk.org/index.php?topic=99497.msg1950787#msg1950787 friedcat update [15:36]
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Chaang-Noi thanks [15:40]
Chaang-Noi doubling in a week is pretty good [15:40]
Chaang-Noi wish it was more however [15:40]
Chaang-Noi 138 again on btc, fucking all over the place [15:42]
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Chaang-Noi 120 to 166 range is nuts... [15:42]
Chaang-Noi ;;bids 120 [15:42]
gribble There are currently 22399.07 bitcoins demanded at or over 120.0 USD, worth 2772336.48921 USD in total. | Data vintage: 0.0060 seconds [15:42]
Chaang-Noi ;;asks 166 [15:42]
gribble There are currently 33114.795 bitcoins offered at or under 166.0 USD, worth 5071504.2059 USD in total. | Data vintage: 8.3661 seconds [15:42]
Chaang-Noi hmm [15:43]
Chaang-Noi ;;bids 0 [15:43]
gribble There are currently 33503993 bitcoins demanded at or over 0.0 USD, worth 19202524.8757 USD in total. | Data vintage: 44.8066 seconds [15:43]
Chaang-Noi down a bit... [15:43]
assbot [MPEX] [S.MPOE] 9650 @ 0.00070059 = 6.7607 BTC [+] [15:47]
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assbot [MPEX] [S.DICE] 1000 @ 0.00278789 = 2.7879 BTC [-] [15:51]
assbot [HAVELOCK] [SDICE] 10 @ 0.28 = 2.8 BTC [-] [15:53]
error4733 ;;next [15:54]
gribble *AWAY UNTIL April 28* resistance: 132, 136, 138-140 | support: 120, 115, 110, 100, 90 | lower buy targets: 102, 96-100, 86 | updated by OneFixt at Apr 21 2013, 18:00 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 4 days, 18 hours, 54 minutes, and 28 seconds ago [15:54]
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Cylta where I can read more about what exactly mean for example O.USD.C152N? [16:16]
ThickAsThieves oddly i dont think there is a good description faq for mpex options on the mpex website [16:17]
ThickAsThieves but i know full explanations exists in the forums [16:17]
mircea_popescu Cylta call struck at 152 expiring next month [16:18]
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error4733 MP blog no ? for a good description [16:21]
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mircea_popescu error4733 i thought they're explained to death everywhere, forum, blog etc. [16:26]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1629 BTC [+] [16:27]
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assbot [BTCTC] [RSM] 1 @ 0.00303 BTC [+] [16:28]
error4733 yes but not on MPEX #irony [16:28]
mircea_popescu lol [16:30]
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KRS-1 Very funny mircea popescu..Can I have my anal room back please [16:32]
KRS-1 why would you want bitcoin anal [16:32]
KRS-1 I'm not trying to be an ass [16:32]
KRS-1 Thats ok..I'll get it in the end [16:33]
mircea_popescu wait what ?! [16:33]
KRS-1 Says you registered my anal chat [16:33]
KRS-1 Can I have my anal chat room back pls [16:34]
KRS-1 lol [16:34]
mircea_popescu i have ?! [16:34]
KRS-1 [Notice] -ChanServ- #bitcoin-anal is already registered to mircea_popescu. [16:34]
KRS-1 Isnt anything sacred anymore [16:34]
pgp2 lol [16:34]
mircea_popescu whoa [16:34]
mircea_popescu kickass. [16:35]
KRS-1 haha its a nice channel though [16:36]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.163 = 2.326 BTC [+] [16:36]
assbot [BTCTC] [ASICMINER-PT] 7 @ 1.1638 = 8.1466 BTC [+] [16:37]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1635 BTC [-] [16:37]
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MJR_ you jacked #bitcoin-anal?? [16:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+] [16:40]
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Cylta If I understand correctly, asset "O.USD.C086T" is a call option from price of 86 usd per btc that will expire this month. Why people sell it, if price is already significally higher? and for what amount is this option? [16:42]
ThickAsThieves Cylta, you need to wait until new options are created tonight/tomorrow [16:43]
ThickAsThieves current prices are "glitched" [16:43]
ThickAsThieves (not actually quoting anyone) [16:43]
mircea_popescu Cylta you understand how options work, do you ? [16:43]
ThickAsThieves he was looking for a full guide earlier [16:44]
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ThickAsThieves i dont have the link saved tho [16:44]
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ThickAsThieves you should post that shit at mpex.com [16:45]
ThickAsThieves .co* [16:45]
Cylta mircea_popescu: I did not expect, that you can buysell options with different price than current price. that's looks strange for me. [16:45]
error4733 http://polimedia.us/trilema/2013/mpex-btc-usd-options-denomination-change/ [16:46]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+] [16:46]
error4733 http://daytrading.about.com/od/daytradingglossary/g/OptionsCallPut.htm [16:47]
Cylta error4733: thanks! [16:48]
ThickAsThieves neither of those links will help you enough [16:48]
mircea_popescu Cylta https://bitcointalk.org/index.php?topic=67302.0 [16:48]
error4733 the price is not different, it's a like a bet ! [16:48]
mircea_popescu prolly should start there. [16:48]
ThickAsThieves thats the good one! [16:48]
ThickAsThieves would you consider adding that link to the mpex faq? [16:49]
mircea_popescu well the idea kinda is that the mpex faq is about mpex, and people should be learning about options other places. [16:50]
deadweasel $acg [16:50]
deadweasel $avg [16:50]
mpexbot deadweasel: 135.85 [16:50]
deadweasel crap. hey mp, does the bot come online to buy back my calls at a fraction of the price I bought them for? [16:51]
ThickAsThieves asking mp for something = always asking too much [16:52]
deadweasel answers are usually rec'd. [16:52]
deadweasel which is something. [16:52]
ThickAsThieves "for" [16:52]
ThickAsThieves he will speak to you, just not act for you [16:53]
deadweasel we'll see. [16:53]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+] [16:53]
deadweasel all i want is an answer [16:53]
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deadweasel unless you want to buy some calls at 215 ThickAsThieves ! : [16:53]
deadweasel :D [16:53]
ThickAsThieves already burdened with Put at 89 [16:54]
ThickAsThieves Puts* [16:54]
deadweasel ouchie, should exercised them demons... i did the avg ever come down that far? [16:54]
ThickAsThieves and calls the mysteriously excercised at 0 [16:54]
deadweasel or was the 50 bounce too quick? [16:54]
assbot [BTCTC] [S.MPOE-PT] 150 @ 0.000641 = 0.0962 BTC [-] [16:54]
assbot [BTCTC] [S.MPOE-PT] 100 @ 0.00064 = 0.064 BTC [-] [16:55]
assbot [BTCTC] [BTC-BOND] 5 @ 0.00983 = 0.0492 BTC [-] [16:55]
assbot [BTCTC] [BTC-BOND] 1 @ 0.00983 BTC [-] [16:55]
assbot [BTCTC] [BTC-BOND] 8 @ 0.00982 = 0.0786 BTC [-] [16:55]
assbot [BTCTC] [S.MPOE-PT] 9 @ 0.000639 = 0.0058 BTC [-] [16:55]
assbot [BTCTC] [BTC-BOND] 15 @ 0.00981 = 0.1472 BTC [-] [16:55]
assbot [BTCTC] [S.MPOE-PT] 30 @ 0.000635 = 0.0191 BTC [-] [16:55]
assbot [BTCTC] [S.MPOE-PT] 10 @ 0.000631 = 0.0063 BTC [-] [16:56]
assbot [BTCTC] [GSDPT] 30 @ 0.00281 = 0.0843 BTC [+] [16:57]
assbot [BTCTC] [GSDPT] 1 @ 0.00281 BTC [+] [16:57]
assbot [BTCTC] [GSDPT] 97 @ 0.0028 = 0.2716 BTC [-] [16:57]
assbot [BTCTC] [GSDPT] 1 @ 0.0028 BTC [-] [16:57]
ThickAsThieves my MPOE PT shares seem to be being held hostage by DeadTerra, who is disinclined to trasnfer them to Jurov for me. [16:57]
deadweasel lol, i sold EVERYTHING. I don't want to hold of any of that crap right now. [16:58]
jurov did he said as much? or is he just silent? [16:58]
ThickAsThieves silent [16:58]
ThickAsThieves after several messages [16:58]
ThickAsThieves and sign-ons by him [16:58]
ThickAsThieves in forum [16:58]
ThickAsThieves maybe he's busy playing Starcraft or sumth [16:59]
kakobrekla i wouldnt trust a guy who plays xbox [17:00]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.1638 = 3.4914 BTC [+] [17:00]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1649 BTC [+] [17:00]
ThickAsThieves AM is gonna rally again [17:00]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.165 = 11.65 BTC [+] [17:00]
ThickAsThieves friedcat confirmed 15TH will be online within a week [17:01]
mircea_popescu ok so who wants to or knows anyone wanting to model tits for a new project of mine ? [17:01]
ThickAsThieves MPOE-PR seems to be equipped [17:02]
mircea_popescu im trying to spread bitcoin incomes to poor girls. [17:03]
mircea_popescu she ain't poor. [17:03]
assbot [BTCTC] [B.YABMC] 30 @ 0.01629 = 0.4887 BTC [+] [17:03]
assbot [BTCTC] [S.MPOE-PT] 150 @ 0.000679 = 0.1019 BTC [+] [17:03]
ThickAsThieves Maybe reddit wants to help [17:05]
Cylta mircea_popescu: http://www.reddit.com/r/GirlsGoneBitcoin ? i think many of them may help you [17:05]
KRS-1 I'm a poor girls. [17:05]
mircea_popescu a ty [17:05]
mircea_popescu KRS-1 you female ? [17:05]
KRS-1 i can be [17:05]
KRS-1 how much btc we talkin here [17:06]
mircea_popescu talk to goat, i don't do ladyboiz [17:06]
KRS-1 lulz [17:06]
KRS-1 ok i'll settle for ltc ...? [17:06]
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KRS-1 nmc? [17:07]
Cylta KRS-1: may be xrp =) [17:07]
KRS-1 whats a xrp [17:07]
gribble There are currently 165183.38 bitcoins demanded at or over 50.0 USD, worth 14103182.0003 USD in total. | Data vintage: 0.0086 seconds [17:08]
gribble There are currently 69668.083 bitcoins offered at or under 200.0 USD, worth 11769976.7017 USD in total. | Data vintage: 9.4491 seconds [17:08]
Cylta KRS-1: premined, centrelised, low-value, with-no-future coin =) [17:08]
davout mircea_popescu: you could organize orgies in romania, get bitcoins spent, and poor girls richer [17:08]
mircea_popescu o look who's back [17:08]
mircea_popescu i think ima organise lockable cages webhosting first, frenchie :D [17:09]
kakobrekla lol [17:09]
assbot [BTCTC] [BASIC-MINING] 14 @ 0.41 = 5.74 BTC [+] [17:09]
davout mircea_popescu: where do i sign? [17:09]
mircea_popescu ovh.com/suckers-apply-here [17:09]
davout yeah well [17:10]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1978 BTC [+] [17:10]
mircea_popescu so how's paris ? [17:10]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1979 BTC [+] [17:10]
davout being hit by the very thing you were discussing a couple of hours ago on #bitcoin-assets OH THE IRONY [17:10]
davout dirty as usual [17:11]
MJR_ lol [17:11]
MJR_ hi davout [17:11]
davout MJR_: hello [17:11]
MJR_ whats new [17:11]
KRS-1 whats up MJR- [17:11]
davout MJR_: well. https://bitcoin-central.net pretty much sums it all up [17:12]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1979 BTC [+] [17:12]
assbot [BTCTC] [ASICMINER-PT] 12 @ 1.198 = 14.376 BTC [+] [17:13]
mircea_popescu i do think the idea to reaudit the entire thing leisurely is best. [17:14]
mircea_popescu who came up with it ? [17:14]
davout mircea_popescu: the idea of re-auditing ? [17:15]
mircea_popescu you know, take service down, check everything, no rush [17:15]
davout i did [17:15]
mircea_popescu good call. [17:15]
davout my intelligence is limited, but i do have enough to see when taking a step back is needed [17:16]
davout :-) [17:16]
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mircea_popescu ;;getrating davout [17:18]
gribble WARNING: Currently not authenticated. User davout, rated since Thu Jan 27 14:22:24 2011. Cumulative rating 14, from 4 total ratings. Received ratings: 4 positive, 0 negative. Sent ratings: 2 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=davout [17:18]
mircea_popescu https://bitcointalk.org/index.php?topic=188353.0 here we go [17:19]
jurov replied [17:19]
MJR_ lol [17:21]
assbot [BTCTC] [S.DICE-PT] 5 @ 0.003071 = 0.0154 BTC [-] [17:21]
MJR_ how much resemblance necessary? [17:21]
jurov but dunno how many topless models frequent irc.. maybe usagi will volunteer? [17:21]
kakobrekla https://bitcointalk.org/index.php?topic=174620.msg1950361#msg1950361 [17:21]
MJR_ lol yeah [17:21]
kakobrekla also scroll up wtf? [17:22]
assbot [BTCTC] [S.DICE-PT] 8 @ 0.00307 = 0.0246 BTC [-] [17:22]
kakobrekla who is the attention whore now [17:22]
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assbot [BTCTC] [COGNITIVE] 1 @ 0.17603 BTC [-] [17:22]
assbot [BTCTC] [BTC-BOND] 6 @ 0.00981 = 0.0589 BTC [-] [17:23]
assbot [BTCTC] [BTC-BOND] 4 @ 0.0098 = 0.0392 BTC [-] [17:23]
ThickAsThieves nice pic, rivals even MP's pics [17:23]
jurov My burn rate is currently about $200,000 per month if I continue at this level [17:23]
jurov mpoe-pr should comment how much women if mp's burn rate [17:23]
jurov *is [17:24]
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kakobrekla omg that thread [17:25]
kakobrekla it continiues into total retarded noobishness [17:25]
bitcoin_lady Hello :p [17:25]
B0g4r7 B0g4r7_ b0n1 beetlebee bgupta bitcoin_lady blacktape BTCOxygen bVector bycy [17:25]
mircea_popescu heya bitcoin_lady [17:26]
j0w :) [17:26]
ThickAsThieves this should be fun [17:26]
kakobrekla it it apropriate to say "tits or gtfo" ? [17:26]
bitcoin_lady This is not /b/, faggot. [17:27]
kakobrekla its a meta question, lady. [17:27]
mircea_popescu haha cool. [17:27]
mircea_popescu so this rpietila guy is trying to be me two years later basically ? [17:27]
mircea_popescu bitcoin_lady to read your private messages click on the tab [17:28]
kakobrekla mircea_popescu i think he is a liar ... saying he was 'around' first bubbl [17:28]
kakobrekla e [17:28]
mircea_popescu ya well. [17:28]
kakobrekla dunno [17:28]
mircea_popescu people love pumping themselves up for w/e reason. [17:28]
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kakobrekla i mean the guy sent 13 btc to some other guy [17:30]
kakobrekla to prove he is rich [17:30]
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kakobrekla that only proves he is an idiot [17:30]
mircea_popescu pretty much. [17:30]
error4733 ? [17:30]
error4733 i check the address on blockchain [17:30]
error4733 he didnt sent [17:30]
kakobrekla apparently was internal tx of easywallet [17:31]
kakobrekla i mean its that or he has two accounts [17:31]
kakobrekla and is self trolling [17:31]
mircea_popescu lmao [17:31]
kakobrekla and so incapable [17:31]
mircea_popescu what idiot. [17:31]
error4733 self trolling imo [17:31]
kakobrekla that he doesnt even do blockchain tx [17:31]
mircea_popescu somebody drop a link to mpex's public addy, see what he says [17:31]
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Cylta why people sell options above 1btc? looks like profit may not break the edge of 1btc per option. [17:37]
Cylta at lest for calls [17:38]
mircea_popescu Cylta the bot is a little crazy currently. [17:38]
mircea_popescu you can sell them for whatever you want tho. [17:39]
Cylta but by math, any calls that are sold for more, than 1 btc is just waiting of buyers money :P kind of math exam? [17:39]
Chaang-Noi kakobrekla that guy.. wtf was he thinking? [17:40]
kakobrekla he wasnt [17:40]
kakobrekla and isnt [17:40]
Chaang-Noi you know he has a party or gathering or something in finland? [17:40]
kakobrekla and wont be [17:40]
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Chaang-Noi he asked me to go, and then asked for btc :/ [17:41]
kakobrekla omg [17:41]
kakobrekla how much [17:41]
Chaang-Noi i dont know, it goes up the longer i wait. but i guess there is hotel or something involved [17:41]
Chaang-Noi but there are no details that i can find [17:41]
Chaang-Noi im not going so i just sorta ignored it but then i saw this and was like wtf?? [17:42]
kakobrekla lol [17:42]
kakobrekla well this is bitcoin, everyone and their sister is the biggest expert [17:42]
jurov and their dog [17:42]
jurov yes, this is a dog. [17:43]
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Chaang-Noi kako i cant tell if he is some silver hot shot invester who made money in the run up and now did well in btc in the last 4 months or is just a full scammer [17:44]
Chaang-Noi btw is he claiming to have 2.4k btc or 24k btc? [17:44]
kakobrekla i dont know [17:45]
kakobrekla he was buying at ~100 [17:45]
jurov 2.4k mbtc [17:45]
Chaang-Noi no i did very well in silver and then i did very well in btc/ltc and asicminer [17:45]
jurov he's givind errythign in mbtc [17:45]
kakobrekla yes retarded [17:45]
Chaang-Noi yeah buying at over 100 is not something id brag about [17:45]
Chaang-Noi we are not even sure if he has money or is just a troll [17:45]
Chaang-Noi he tried to prove he had money by moving 13 btc and it never showed up on the block chain.... [17:46]
Chaang-Noi he might not have any btc [17:46]
kakobrekla dunno [17:46]
kakobrekla strange he is not aware that he cant sign an addy [17:47]
kakobrekla i mean [17:47]
kakobrekla sign something with priv key of an addy [17:47]
Chaang-Noi he sent from a fucking web wallet [17:48]
Troic_ perhaps his web wallet, nm says it all [17:48]
kakobrekla you can sign from blockchain.info wallet [17:48]
Chaang-Noi who the fuck uses a web wallet? i understand maybe the troll had one but a guy with 24k or 2.4k lol [17:48]
kakobrekla o looky [17:49]
kakobrekla https://bitcointalk.org/index.php?topic=188304.0 [17:49]
Chaang-Noi what is easywallet? iv never used it [17:49]
kakobrekla it must have rained recently [17:49]
kakobrekla "its time to make a change" cause you defo wont be "making a bank" [17:49]
deadweasel http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425 [17:52]
deadweasel howdy truf [17:53]
Chaang-Noi what happened to tiberslav? [17:54]
deadweasel i was just impressed that rolling stone changed their position. my panties are in the laundry. [17:54]
deadweasel he's nowhere with /ignore! [17:55]
kakobrekla https://bitcointalk.org/index.php?topic=187469.0 [17:55]
kakobrekla yes [17:55]
kakobrekla i think they are that retarded. [17:55]
Chaang-Noi 1 btc = 1000 nBTC? [17:57]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.198 = 2.396 BTC [+] [17:57]
Chaang-Noi mBTC? [17:57]
Cylta Chaang-Noi: mBTC [17:57]
Cylta Chaang-Noi: 1 btc = 1 000 000 nBTC [17:58]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.198 = 3.594 BTC [+] [17:58]
mircea_popescu you know he has a party or gathering or something in finland? <<< Ahahahah [17:58]
Cylta oh, no.. 1 btc = 1 000 mBTC = 1 000 000 uBTC = 1 000 000 000 nBTC [17:58]
Chaang-Noi mp did you not get the invite? [17:58]
mircea_popescu dude this is so ridiculous [17:58]
Chaang-Noi its like in 2 weeks as well [17:58]
ThickAsThieves i am fond of the ignore function [17:58]
assbot [BTCTC] [BASIC-MINING] 3 @ 0.400001 = 1.2 BTC [-] [17:59]
mircea_popescu so did he hear about my thing and is trying to copy retardedly [17:59]
mircea_popescu or just natural retard ? [17:59]
assbot [BTCTC] [COG.F] 1 @ 2.3 BTC [-] [17:59]
Chaang-Noi i want to post in public is pm to me but i dont want to violate privacy issues [17:59]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.198 = 3.594 BTC [+] [18:00]
mircea_popescu kinda worth it for the lulz, [18:01]
assbot [BTCTC] [S.DICE-PT] 44 @ 0.00307 = 0.1351 BTC [-] [18:01]
mircea_popescu kinda not worth it dfor the drama [18:01]
assbot [BTCTC] [S.DICE-PT] 98 @ 0.00306 = 0.2999 BTC [-] [18:01]
assbot [BTCTC] [S.DICE-PT] 570 @ 0.00306 = 1.7442 BTC [-] [18:01]
Chaang-Noi he said he was going to make it public somewhere [18:01]
assbot [BTCTC] [S.DICE-PT] 130 @ 0.00301 = 0.3913 BTC [-] [18:01]
Chaang-Noi but i never saw that [18:01]
ThickAsThieves sharing pms violates privacy issues? [18:01]
assbot [HAVELOCK] [VTX] 6 @ 0.4244 = 2.5464 BTC [-] [18:02]
ThickAsThieves violates trust only, i thought [18:02]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.1999 = 2.3998 BTC [+] [18:02]
Chaang-Noi it is a personal invite to his party, i dont think i should share it word for word [18:02]
Chaang-Noi fine its a trust issue, [18:02]
ThickAsThieves oh i get it [18:02]
ThickAsThieves like it has personal info in it [18:02]
Chaang-Noi it has info he said he would make public [18:03]
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Chaang-Noi but i dont know where or if he has [18:03]
Chaang-Noi hey kako that thread is self moderated [18:04]
mircea_popescu http://i.imgur.com/xQE0Tgsl.jpg [18:04]
Chaang-Noi he is going to get rid of all of that [18:04]
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mircea_popescu ajhahaha dude bought a $5 ad in an ad paper [18:04]
mircea_popescu bwahahaha [18:04]
mircea_popescu dude never has so much been attempted with so little. [18:04]
Girlfawkesy I understand MP was looking for me? [18:05]
Chaang-Noi its a scam mp? [18:05]
* Technologov__ (~Technolog@46-116-120-1.bb.netvision.net.il) has joined #bitcoin-assets [18:05]
Girlfawkesy I dunno, I got a message on reddit [18:05]
Girlfawkesy not much info was given, and I was curious [18:06]
mircea_popescu Girlfawkesy hey there. [18:06]
jcpham what is #bitcoin-assets? [18:06]
jcpham bitcoin-asshats? [18:06]
imsaguy gypsy bazaar [18:06]
Troic_ its a virtual lobby for mp ? [18:06]
Cylta jcpham: temple of mircea_popescu =) [18:06]
Technologov__ what is traded on this bazaar ? [18:06]
mircea_popescu imsaguy is alive ?! [18:06]
jcpham mp has a following? [18:06]
kakobrekla slaves [18:06]
Chaang-Noi tears [18:06]
jcpham sadness [18:06]
Scrat dreams [18:06]
imsaguy mircea_popescu: I was on a trip [18:06]
mircea_popescu Technologov__ its the place where bitcoin securities get discussed. [18:06]
Technologov__ such as ? [18:07]
Technologov__ Are there any ? ^^ [18:07]
jcpham these guys in otc are selling an ASIC startup [18:07]
mircea_popescu !ticker m s.mpoe [18:07]
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assbot [MPEX:S.MPOE] 1D: 0.00067399 / 0.00069538 / 0.000703 (298127 shares, 207.31 BTC), 7D: 0.00064141 / 0.0006982 / 0.00073891 (2649171 shares, 1,849.67 BTC), 30D: 0.00059218 / 0.00068714 / 0.00073891 (10288649 shares, 7,069.75 BTC) [18:07]
mircea_popescu !ticker m s.dice [18:07]
jcpham telling people 200% returns [18:07]
assbot [MPEX:S.DICE] 1D: 0.00278789 / 0.00278789 / 0.00278789 (1309 shares, 3.65 BTC), 7D: 0.0023263 / 0.00295308 / 0.00349995 (32043 shares, 94.63 BTC), 30D: 0.0012 / 0.00317689 / 0.00448 (1524631 shares, 4,843.59 BTC) [18:07]
mircea_popescu !ticker m s.bbet [18:07]
assbot [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0.00050015 / 0.00177875 / 0.00201395 (137670 shares, 244.88 BTC) [18:07]
mircea_popescu etc. [18:07]
jcpham i told 'em to come here! [18:07]
imsaguy I think asicminer needs a passthrough on mpex [18:07]
imsaguy they're everywhere else [18:08]
Chaang-Noi lol [18:08]
jcpham think asicminer needs to send me some blades [18:08]
imsaguy better yet [18:08]
jcpham so i can erupt some shit [18:08]
Chaang-Noi AM does not need it, mpex might need it [18:08]
imsaguy a passthrough for the passthroughs [18:08]
imsaguy make a synthetic [18:08]
jcpham we could proxy all the proxies [18:08]
imsaguy exactly [18:08]
mircea_popescu imsaguy the day they sign a contract. [18:08]
Chaang-Noi AM has all the funding they need, they dont need shit [18:08]
jcpham [18:08]
Chaang-Noi mp, friedcat will never sign a contract [18:08]
imsaguy mircea_popescu: AM needs to sign if its a passthrough? [18:08]
imsaguy mircea_popescu: can you read chinese? [18:09]
mircea_popescu they need to sign if its on mpex. [18:09]
Chaang-Noi they wont sign [18:09]
Chaang-Noi why take a risk with no gain? [18:09]
imsaguy those chinese won't sign anything unless its in chinese [18:09]
* mircea_popescu shrug. [18:09]
imsaguy stupid china [18:09]
ThickAsThieves its a moot point, like Chaang says, they don't need anything [18:10]
mircea_popescu i can't be stonewalled. he won't sign, he won't exist pretty much. [18:10]
jcpham forget about asicminer [18:10]
BTCOxygen imsaguy: lol [18:10]
jcpham get in on the ground floor of peachMining [18:10]
BTCOxygen imsaguy: Use google translate.. [18:10]
BTCOxygen :P [18:10]
Chaang-Noi haha AM wont exist :) hahahah [18:10]
imsaguy jcpham, I'm goign to form my own asic company [18:10]
jcpham tell me more BTCOxygen [18:10]
Chaang-Noi 10% of the network and soon to be 20% [18:10]
Technologov__ There is an opportunity to Invest in Avalon ASIC chips. [18:10]
Technologov__ Run by . [18:10]
Technologov__ https://bitcointalk.org/index.php?topic=184305.0 [18:10]
jcpham -otc is a terrible place to sell the idea [18:10]
imsaguy Chaang-Noi, they've been promising for a while [18:10]
imsaguy they're starting to sound like bfl [18:11]
Scrat imsaguy: cant help but misread your nick as imsogay :'( [18:11]
imsaguy always delays [18:11]
assbot [HAVELOCK] [SDICE] 1 @ 0.29999997 BTC [+] [18:11]
assbot [HAVELOCK] [SDICE] 1 @ 0.29999998 BTC [+] [18:11]
mircea_popescu Scrat for good reason. [18:11]
Chaang-Noi they ahve the chips, they dont have the power [18:11]
imsaguy Scrat: it happens to those with a reading level below the american fourth grade [18:11]
jcpham imsogay [18:11]
Chaang-Noi did you read his update today? [18:11]
jcpham so funny [18:11]
Chaang-Noi and anyway they have 7.7 TH [18:11]
Chaang-Noi that is much more than not existing [18:11]
imsaguy they're supposed to have like 12 TH [18:11]
imsaguy like 3 months ago [18:11]
ThickAsThieves ^ [18:11]
imsaguy how are they going to add 50 more if they can't get teh original going? [18:11]
ThickAsThieves they did, they just didnt share [18:11]
Chaang-Noi my point was, MP claim of them not existing if they are not on his eschagne is lulz [18:12]
imsaguy ThickAsThieves, most likely [18:12]
jcpham so 2.8TH/s for 3500BTC? [18:12]
imsaguy Chaang-Noi: he meant they won't exist on the exchange, derp [18:12]
jcpham ;;genrate 28000000 [18:12]
gribble The expected generation output, at 28000000.0 Mhps, given difficulty of 8974296.01489, is 1569.07933912 BTC per day and 65.3783057965 BTC per hour. [18:12]
Cylta Can I create options? and do I have to keep a balance to cover them? (and what do I have to do with puts, because they may cost ~inf in case if price will go to 0)? [18:12]
mircea_popescu Cylta yes, you can create options. you need to cover them. [18:12]
BTCOxygen jcpham: 3TH/s. [18:12]
Chaang-Noi imsaguy and that is what i told you [18:12]
BTCOxygen Will update OP in few hours. [18:12]
jcpham ;;calc 3500*[ticker --avg] [18:12]
gribble 476259.42 [18:12]
Chaang-Noi they dont need anything. [18:13]
jcpham ;;bc,stats [18:13]
gribble Current Blocks: 233265 | Current Difficulty: 8974296.01488785 | Next Difficulty At Block: 233855 | Next Difficulty In: 590 blocks | Next Difficulty In About: 3 days, 6 hours, 40 minutes, and 0 seconds | Next Difficulty Estimate: 9964156.51421 | Estimated Percent Change: 11.02995 [18:13]
imsaguy THey need content shareholders. [18:13]
jcpham what's the timeline until deployed BTCOxygen [18:13]
imsaguy Well, technically, they don't even need that. [18:13]
ThickAsThieves they have content shareholders [18:13]
imsaguy At this point, asicminer has the shareholders by the balls. [18:13]
BTCOxygen jcpham: ~July. [18:13]
Scrat jcpham thats one zero too many [18:13]
jcpham ;;genrate 2800000 [18:13]
gribble The expected generation output, at 2800000.0 Mhps, given difficulty of 8974296.01489, is 156.907933912 BTC per day and 6.53783057965 BTC per hour. [18:13]
jcpham ? [18:13]
BTCOxygen ;;generate 3000000 [18:13]
gribble Error: "generate" is not a valid command. [18:14]
BTCOxygen ;;genrate 3000000 [18:14]
gribble The expected generation output, at 3000000.0 Mhps, given difficulty of 8974296.01489, is 168.115643477 BTC per day and 7.00481847819 BTC per hour. [18:14]
jcpham i'm betting we're way way over 20mil by july in diff [18:14]
mircea_popescu there's this crazy gbet about 10mn diff by end of month [18:14]
mircea_popescu im so curious which way it neds [18:14]
mircea_popescu like 10-20k riding on it [18:14]
jcpham ;;genrate 3000000 20000000 [18:14]
gribble The expected generation output, at 3000000.0 Mhps, given difficulty of 20000000.0, is 75.4359774646 BTC per day and 3.14316572769 BTC per hour. [18:14]
imsaguy mircea_popescu, which side are you on? [18:15]
mircea_popescu neither actually [18:15]
BTCOxygen jcpham: Even if difficulty hit 35mil you are still safe. [18:15]
jcpham ;;calc 75*[ticker --avg]*30 [18:15]
gribble 306166.77 [18:15]
imsaguy anyone saying a 10x diff hike is nbd is crazy [18:15]
jcpham at 20 mil difficulty who is selling the $306k in coins you mine in july [18:15]
BTCOxygen imsaguy: So you are saying that the difficulty will not hit 100m ? [18:16]
jcpham ;;genrate 3000000 40000000 [18:16]
gribble The expected generation output, at 3000000.0 Mhps, given difficulty of 40000000.0, is 37.7179887323 BTC per day and 1.57158286385 BTC per hour. [18:16]
jcpham follow up question [18:16]
BTCOxygen jcpham: Profits will be paid out to investors in Bitcoins. [18:16]
jcpham ;;calc 37*[ticker --avg]*30 [18:16]
gribble 151040.4084 [18:16]
imsaguy I know difficuilty will hit much higher than that [18:16]
jcpham who sel the 150k in coins the new month at 40 mil [18:16]
jcpham it difficult for me to trust [18:17]
BTCOxygen jcpham: Why sell the coins ? [18:17]
jcpham ic [18:17]
jcpham you are right [18:17]
jcpham but you want btc upfront? [18:17]
BTCOxygen jcpham: Dividends will be paid in Bitcoins. [18:18]
BTCOxygen jcpham: Yes we need funding for the project. [18:18]
jcpham name "we" [18:18]
jcpham publicly [18:18]
BTCOxygen Our team [18:19]
BTCOxygen Our = I and my partner. [18:19]
imsaguy This interview is going well. [18:19]
imsaguy <.< [18:19]
BTCOxygen team = The people working for us. [18:19]
imsaguy >.> [18:19]
jcpham you should get used to saying "me John Q Whatever and my partner Steven X> whocares" [18:19]
* Technologov__ notes, that BTCOxygen has a mining pool. [18:19]
Scrat the chinese [18:20]
Scrat BTCOxygen: are they chinese? [18:20]
Technologov__ http://btcoxygen.com/ [18:20]
jcpham it's half mil in BTC up front [18:20]
imsaguy Technologov__: mining pool software is prepackaged these days. it doesn't take rocket science to run it. [18:20]
jcpham it's a great idea but you'll need more of a following [18:21]
BTCOxygen imsaguy: Yeah it does not need rocket science, Also we built our custom poolserver, Plus we have paid users without troubles. [18:22]
BTCOxygen Thats what brings the trust. [18:22]
BTCOxygen Paying users = trust. [18:22]
imsaguy you're right [18:22]
imsaguy I apologize [18:22]
imsaguy http://ts3.mm.bing.net/th?id=H.4868208981114978&pid=1.7 [18:23]
BTCOxygen imsaguy: heh. [18:24]
BTCOxygen If anyone is interested please PM me. [18:24]
Technologov__ jcpham, read: https://bitcointalk.org/index.php?topic=184305.0 [18:24]
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jcpham i'm not going to jump on the tread and be mean but like those guys are saying [18:26]
jcpham 3500 btc upfront and AT BEST you'll generate 150BTC/monthly [18:26]
jcpham ;;calc 3500/150 [18:26]
gribble 23.3333333333 [18:26]
jcpham 23 month roi [18:26]
jcpham assuming rainbows [18:26]
jcpham and there are no rainbows here [18:26]
Scrat it is 150 btc daily [18:27]
jcpham oh shit [18:27]
jcpham u right my maths is so bad [18:27]
jcpham where do i sign up? I have 1 btc to contrtibute [18:27]
Scrat but that doesn't make it anymore viable [18:27]
Scrat as you said it's a lot of dough upfront [18:27]
jcpham i'd like one share please. [18:28]
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jborkl You owe Topace 20 btc right? [18:28]
jborkl that you have not paid in how long [18:28]
jborkl ? [18:28]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2 BTC [+] [18:29]
KRS-1 wow price of btc looks higer for once on btc-e [18:30]
kakobrekla its not [18:31]
kakobrekla http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected [18:31]
KRS-1 my bad cached [18:31]
assbot [BTCTC] [PAJKA.BOND] 17 @ 0.09749 = 1.6573 BTC [-] [18:31]
KRS-1 you're right [18:31]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.09749 BTC [-] [18:31]
BTCOxygen jcpham: Pm me if interested. [18:32]
BTCOxygen jborkl: I have been paing him from my profits. [18:32]
BTCOxygen ;;calc 3500/(150 * 30) [18:32]
gribble 0.777777777778 [18:32]
BTCOxygen jcpham: ^^^ [18:33]
BTCOxygen truffles: It sounds cool to me. [18:35]
Chilca Nice site: http://www.satoshiplay.com/ [18:39]
mircea_popescu Proudly powered by WordPress. GamePress ? [18:40]
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mircea_popescu "I think rpietila is very close to establishing cult of personality. What MP achieves with mental coercion, rpietila does using humour, and with ease." [18:44]
MJR_ lol [18:45]
MJR_ who is that guy? [18:45]
mircea_popescu no srlsy, the bitcointalk forum is like... seinfeld. [18:45]
mircea_popescu MJR_ i totally have no idea. [18:45]
MJR_ hmmm i think i am going to do an otc transaction [18:45]
mircea_popescu "some douche" is the best i got out of mpoe-pr [18:45]
MJR_ or at least try [18:45]
Technologov__ So what kind of assets are here? [18:46]
Technologov__ Any good Bitcoins companies traded ? [18:46]
Technologov__ start-ups ? [18:46]
mircea_popescu yes. [18:47]
assbot [BTCTC] [PAJKA.BOND] 46 @ 0.0975 = 4.485 BTC [+] [18:49]
MJR_ hmmm [18:50]
MJR_ anyone here know of a quick cash option? [18:51]
jborkl I feel dumb for reading part of that reptelia thread [18:51]
jborkl reminds me why I do not read the forum [18:51]
mircea_popescu MJR_ what do you mean quick cash option ? [18:51]
cylta MJR_: pirate? but unfortunately he temporarly suspended his project =) [18:52]
BTCOxygen cylta: FYI, He permenently suspended his project. [18:52]
mircea_popescu stop spreading fud [18:52]
cylta BTCOxygen: [18:52]
Technologov__ who is "he" ? [18:53]
Technologov__ And which project ? [18:53]
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mircea_popescu http://polimedia.us/dtng/c/src/136699181151.jpg check out the cat. [18:57]
inhies mircea_popescu: wat cat [18:57]
jurov yes a cat is there, zoom moar [18:58]
mircea_popescu jurov has immunity. [18:58]
inhies slightly intoxicated [18:59]
inhies i see no cat [18:59]
inhies not even in teh slightest bit [18:59]
Cylta I see two cats =) [18:59]
mircea_popescu maybe if upside down ? [18:59]
jurov two cats at 10 o'clock [18:59]
davout i smell pussy [18:59]
mircea_popescu so wash. [18:59]
davout :3 [18:59]
mircea_popescu lol [18:59]
inhies ˙ɹǝʇʇǝq ɥɔnɯ s,ʇɐɥʇ ˙ʍou ʇı ǝǝs ı 'ʞo ɥɐ :nɔsǝdod‾ɐǝɔɹıɯ [19:00]
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mircea_popescu haha [19:00]
topace [11:27:57] You owe Topace 20 btc right? [19:01]
topace ^ indeed he does [19:01]
inhies i read that as Tupac [19:01]
inhies =/ [19:01]
mircea_popescu that's intentional [19:02]
mircea_popescu he's trying to start a personality cult [19:02]
assbot [HAVELOCK] [VTX] 5 @ 0.4244 = 2.122 BTC [-] [19:05]
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assbot [HAVELOCK] [KCIM] 4 @ 1.21 = 4.84 BTC [-] [19:09]
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hellohello can someone help me?)) [19:36]
kakobrekla hello hellohello [19:37]
BTCOxygen Technologov__: pirateat40 was a scammer. [19:39]
BTCOxygen He ran away with the bitcoins. [19:40]
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Technologov__ ??? I never ever heard of him. [19:40]
Technologov__ How an investor be a scammer ? [19:40]
BTCOxygen Technologov__: Yeah because he ran away long ago. [19:40]
Technologov__ Either he invests or he does not. [19:40]
BTCOxygen He is not an Investor. [19:40]
BTCOxygen He was running the project. [19:41]
Technologov__ then what ? Which project ? [19:41]
BTCOxygen Technologov__: He was paying a high interest rate to users who invested with him. [19:41]
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Technologov__ aha. Typical ponzi. [19:41]
BTCOxygen yep. [19:42]
Technologov__ There is no risk-free interest above government bonds. Really. [19:42]
Technologov__ maybe 3% at most. [19:42]
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Technologov__ As a small investor, I know it for sure. [19:42]
Technologov__ Anything above that takes risk (and time). [19:43]
BTCOxygen Technologov__: FYI, He ran away with 100,000 Bitcoins. [19:43]
Technologov__ YAY ! [19:43]
Technologov__ huge amount [19:43]
Cylta Technologov__: goverment bonds are not risk-free. [19:43]
BTCOxygen I don't want to do the math its painfull. [19:43]
Technologov__ Cylta, why not ? gvmt can simply print money to return cash. [19:43]
Technologov__ so it is risk-free. [19:44]
mircea_popescu heya hellohello [19:44]
Technologov__ gvmt has no reason to default on own obligations. [19:44]
hellohello hi [19:44]
Cylta Technologov__: ahhh, in this meaning... yes. but money can default (or start to huperinflate) [19:44]
BTCOxygen ;;calc 100000*[ticker --avg] [19:44]
gribble 13572660.0 [19:44]
BTCOxygen Technologov__: ^^^ Here is the math. [19:44]
Technologov__ (only if they use someone else's money, like in Spain... those PIGS - pirtugal, italy, greece, spain) [19:45]
Cylta BTCOxygen: for such amount you should take 30d avg... [19:45]
BTCOxygen Also IIRC he converted bitcoins to USD as soon as he recieved them. [19:46]
BTCOxygen So hes not that rich. [19:46]
Technologov__ converting 100,000 BTC takes time... [19:47]
assbot [MPEX] [S.DICE] 1791 @ 0.00278789 = 4.9931 BTC [-] [19:47]
BTCOxygen Technologov__: He recieved in small chunks with a total of 100,000 before he ran away. [19:47]
mircea_popescu not if you're in the wot. took him all of a day oir w./e [19:47]
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jcpham http://www.wired.com/wiredenterprise/2013/04/butterfly/ [19:48]
jcpham 2 more weeks! [19:48]
jcpham Meanwhile, Butterfly Labs is nowhere near full production capacity. The company says that its systems will continue to trickle out, with another 75 to 150 shipping in the next few weeks. [19:48]
jcpham In the meantime, if you have an questions about the Butterfly Labs machine, send us an email. [19:48]
mircea_popescu ahaha noway [19:48]
Cylta jcpham: i think I heared it somewhere already... [19:49]
jcpham wired says fuck you [19:49]
jcpham if you think it's fake [19:49]
Technologov__ BTCOxygen, and I have a fear about similar fate with Avalon ASICs [19:49]
Technologov__ that's why I wanna wait until ppl will start receiving first batch units [19:49]
Technologov__ + dev boards [19:49]
Technologov__ I _do_ believe the ASICs are real [19:49]
Technologov__ because of this: http://bitcoin.sipa.be/ [19:49]
mircea_popescu so when it turens out to be actually fakwe [19:49]
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Technologov__ But I highly doubt, that they will ship any. [19:50]
mircea_popescu i guess we all sue wired. this is good news. [19:50]
mircea_popescu conde nast actually has money, so... [19:50]
mircea_popescu i'm tickled pink over here. [19:50]
Cylta first batch of avalon already reached their customers, no? [19:50]
mircea_popescu yea. [19:50]
Technologov__ More probably they will keep to themselves. (so their accepted BTC might be a scam) [19:50]
jcpham these guys at BFL are masters of hype [19:51]
jcpham i give them credit where it is due [19:51]
mircea_popescu jcpham its literally not that hard to do. get a journo dood to post nonsense ? 100 bux or w/e [19:51]
BTCOxygen Technologov__: There are 300 working units. [19:51]
jcpham but i mean like the company name is unassuming and disarming even "butterfly" [19:52]
jcpham wtf [19:52]
BTCOxygen I know 5-6 people personally who recieved their Avalon. [19:52]
jcpham it's all smoke and mirrors [19:52]
jcpham but they have produced a product [19:52]
Technologov__ no. Only 3 developers IMO. [19:52]
Technologov__ 1st batch Avalons did *not* reach end-users (buyers). [19:52]
Technologov__ jcpham, I doubt if Avalon are better [19:52]
Technologov__ where? At their company ? [19:52]
jcpham so i digress for now until it collapses [19:52]
Technologov__ Show me 20 users, whom actually _received_ any ASICs. [19:52]
Technologov__ I could not find not on forums and not in chat [19:52]
Technologov__ But this graph: http://bitcoin.sipa.be/ [19:52]
Technologov__ Clearly says that ASICs are for real. [19:53]
jcpham i know of 3 actual avalons [19:53]
jcpham and the owners and i've spoken with them [19:53]
jcpham that's it [19:53]
jcpham my world is small though [19:53]
BTCOxygen Technologov__: I mean I know end-users. [19:54]
BTCOxygen There are 5 Avalons mining at my pool tho. [19:54]
Technologov__ but the risk-reward is potentially so high, that it is worth the (limited) risk. [19:54]
BTCOxygen I think even imsaguy has an Avalon. [19:54]
Technologov__ hmm, good to know. [19:54]
mircea_popescu BTCOxygen which pool is that again ? [19:55]
Technologov__ BTCOxygen :) [19:55]
BTCOxygen http://btcoxygen.com [19:55]
mircea_popescu http://blockchain.info/pools ? [19:56]
mircea_popescu you telling me 5 avalons doesn't get you in the list ? [19:56]
BTCOxygen yes. [19:56]
mircea_popescu what's an avalon, 60gh ? [19:56]
jcpham 300GH/s barely gets blocks [19:57]
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jcpham need moar [19:57]
BTCOxygen Also they don't list blocks properly. [19:57]
BTCOxygen 500GH/s [19:57]
jcpham how is 500 GH/s regular blocks? [19:57]
jcpham daily? [19:57]
mircea_popescu mk, otherwise : Top Hashers 63gh/s [19:57]
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mircea_popescu seems there's one avalon there, and it does 80% or so of the pool ? [19:57]
* BTCOxygen goes to ckeck. [19:58]
BTCOxygen check* [19:58]
jcpham 100-400GH/s was struggling to keep up a few months back [19:58]
jcpham from talking with pool ops [19:58]
jcpham be interesting to see how it paces now [19:58]
Technologov__ Now, the hash rate: [19:59]
Technologov__ <-- Cylta has quit (Ping timeout: 272 seconds) [19:59]
Technologov__ http://blockchain.info/charts/hash-rate [19:59]
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Technologov__ If this graph would be flat, I would buy a GPU, and not believe into ASIC lore. [19:59]
Technologov__ But due to huge spike, I believe, that ASICs actually exist. [20:00]
BTCOxygen mircea_popescu: I see 3 Avalons. [20:00]
mircea_popescu where ? [20:00]
BTCOxygen 2 users pointing 1/3 Avalon. [20:00]
MJR_ otc is too stressful [20:01]
KRS-1 must be BFL [20:01]
error4733 testing for 4 month [20:01]
KRS-1 my friend has some of their fpga stuff [20:01]
mircea_popescu #1 1510 62186 [20:01]
mircea_popescu #2 1160 14981 [20:01]
mircea_popescu #3 1210 14272 [20:01]
KRS-1 nice hardware [20:01]
mircea_popescu seems to me only 1st can be an avalon. right ? [20:01]
BTCOxygen imsaguy: you here? [20:02]
jcpham he has one BTCOxygen [20:02]
BTCOxygen mircea_popescu: 1st is full Avalon. [20:02]
BTCOxygen The other 2 are 1/3 Avalon. [20:02]
jcpham imsogay owns an avalon [20:02]
Technologov__ 1/3 avalon ? hmm... 20 GH/s ? [20:03]
BTCOxygen Also there a many users posting about their Avalon on bitcointalk. [20:03]
Technologov__ hmm... [20:03]
mircea_popescu 1/3 avalon ?! [20:03]
imsaguy wut [20:03]
mircea_popescu who dioes this lol [20:03]
BTCOxygen Its a cgminer feature. [20:03]
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imsaguy load balancing of cgminer [20:03]
BTCOxygen imsaguy: Yeah. [20:04]
imsaguy why did you highlight me? [20:04]
mircea_popescu he would like to have your babies. [20:05]
BTCOxygen imsaguy: How many Avalon users do you know? [20:05]
assbot [BTCTC] [ASICMINER-PT] 4 @ 1.2 = 4.8 BTC [+] [20:05]
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imsaguy mircea_popescu: that is quite impossible [20:07]
imsaguy BTCOxygen: a few. [20:07]
jurov you have been accues of having onw yourself [20:07]
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jurov *accused [20:08]
ezdiy owning an asic is accusation now [20:08]
ezdiy hmm [20:08]
jcpham my bad [20:08]
jcpham i tell lies on the internet for fun [20:09]
jcpham no one owns asic [20:09]
Technologov__ some ppl do. proof ? [20:09]
jcpham facedesk. [20:09]
Technologov__ jcpham, http://blockchain.info/charts/hash-rate [20:09]
jcpham that's just a chart [20:10]
jcpham those numbers could be made up [20:10]
BTCOxygen Anyone who clains that there are no Avalons in the wild should read this whole thread. [20:10]
BTCOxygen https://bitcointalk.org/index.php?topic=137534.0 [20:10]
ezdiy jurov: i think the rational explanation would be: give impression you want to get asics "out there so people dont lose trust" but in fact keep it private for as long as possible :) [20:10]
Technologov__ going from 20 to 80 GH/s (in a MONTH !!!) can not be done via GPU. [20:10]
BTCOxygen Technologov__: yes. [20:10]
jcpham cpu mining botnet probably Technologov__ [20:10]
BTCOxygen lol [20:10]
jcpham ;) [20:10]
Technologov__ jcpham, LOL ! How u tried mining on CPU ? [20:10]
BTCOxygen Technologov__: rpcminr :P [20:11]
jcpham nah pool won't accept a share for shit [20:11]
Technologov__ it is 100 times slower than GPU and 100,000 times slower than ASIC [20:11]
jcpham hurrrrrr [20:11]
mircea_popescu the conspiracy is strong in here. [20:11]
Technologov__ CPU mining will cost you x100 more in electricity than Bitcoins you produce... [20:11]
BTCOxygen Technologov__: +100 for having that knowledge. [20:11]
jcpham i bet it's confusing talking to me. [20:11]
jcpham i believe asic exists. yes. [20:12]
jurov but really, i see it like either many asic users want to stay secret, or they are chinese not on btctalk [20:12]
ezdiy seeing is believing [20:12]
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jurov or manufacturers mine themselves instead [20:12]
jcpham yeah the technology has made it like this [20:12]
Technologov__ I would invest in ASIC company yes, but I dunno any. [20:12]
jcpham a device that makes thousands of bucks a day potentially is a security risk [20:13]
ezdiy jurov: even chinese guys reported selective vip treatment in regards to shipments from avalon [20:13]
Technologov__ if BTCOxygen can find any, I might invest (@_@) [20:13]
jcpham http://mobile.news.com.au/national-news/killer-escaped-prison-after-being-issued-picture-of-master-key-to-all-locks [20:14]
ezdiy 404 [20:14]
ezdiy but title sounds interesting [20:15]
jcpham damnit [20:15]
jcpham http://mobile.news.com.au/national-news/killer-escaped-prison-after-being-issued-picture-of-master-key-to-all-locks/story-fncynjr2-1226629878591 [20:15]
jcpham i cut off the numbers [20:15]
error4733 saw that before !! some ppl make key with picture on flicker !! [20:15]
jcpham pretty dumb for a prison [20:15]
ezdiy maybe it was recruitment practice of mossad [20:16]
jcpham not sure a single master key falls under byzantine failover [20:16]
ezdiy you know, sieve through thousands of retarded criminals to find one smart enough [20:16]
jcpham perfect storm, a jeweler, a criminal, and a book [20:17]
BTCOxygen Technologov__: Oh I found a very interesting thread for you. [20:19]
BTCOxygen https://bitcointalk.org/index.php?topic=141154.0 [20:19]
error4733 oz story lol [20:19]
BTCOxygen Here one user posted pictures of his Avalon. [20:20]
BTCOxygen https://bitcointalk.org/index.php?topic=141154.msg1699573#msg1699573 [20:20]
BTCOxygen Anyone who is not sure if Avalon will ship should read this thread from page 1 to 11. [20:21]
BTCOxygen https://bitcointalk.org/index.php?topic=141154.0 [20:21]
* Technologov__ is reading... [20:22]
Technologov__ truffles, u can invest in Avalon here: https://bitcointalk.org/index.php?topic=184305.0 [20:22]
Technologov__ I did not had either until a week ago ^^ [20:24]
Technologov__ I bought them via Western Union. [20:24]
Technologov__ at #bitcoin-otc [20:24]
Technologov__ because my $3000 Rig PC generates only 0.001 BTC per day. [20:25]
Technologov__ (on dual GPUs) [20:25]
benkay just two? [20:25]
benkay ;) [20:25]
Technologov__ yeah, only 2. [20:26]
Technologov__ and what ? I worked at Cisco Systems. There are *much* more cables there. I assure you. [20:26]
Technologov__ any large company has a data-center those days. [20:27]
benkay ew gross owning your own data centers [20:27]
benkay great way to keep your sysadmin costs high [20:28]
benkay <-- cloud ops [20:28]
benkay meh [20:29]
benkay depends on how we code it [20:29]
benkay if we write it to minimize entropy, that would be cool [20:29]
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jcpham You rated user diatonic on Mon Mar 11 14:26:46 2013, giving him a rating of 1, and supplied these additional notes: Attempted and pre-paid for 24 hour mining lease. Unforseeable circumstances changed our plans.. [20:32]
jcpham wtf [20:32]
jcpham my paste is just doing it's own thing today [20:32]
Scrat ;;slap jcpham [20:33]
* gribble slaps jcpham with a radioactive GPG key [20:33]
jcpham mmmmhmmmm' [20:33]
Technologov__ truffles, what I'm trying to say, is that you can invest even without having Bitcoins. Just must buy them. [20:34]
Technologov__ And as any start-up investments, it brings you a certain amount of risk-reward. [20:34]
Technologov__ come on... it is all about mind-set. Don't needs to be rich ^^ [20:35]
Technologov__ with what ? [20:36]
Technologov__ That investment is a new company. [20:36]
mircea_popescu ;;ticker [20:36]
gribble BTCUSD ticker | Best bid: 137.02000, Best ask: 137.21000, Bid-ask spread: 0.19000, Last trade: 137.02000, 24 hour volume: 255394.07450224, 24 hour low: 120.08900, 24 hour high: 157.00000, 24 hour vwap: 135.59396 [20:36]
Technologov__ that will purchase and run Avalons for you [20:36]
Technologov__ and send you proceeds [20:36]
Technologov__ so you don't need to waste time/lectricity/head-ache, customs bureaucracy and so forth [20:37]
Technologov__ OK [20:37]
Technologov__ But isn't bitcoin-assets all about investing ? [20:37]
mircea_popescu investing != throwing money. [20:38]
Technologov__ about what ? [20:38]
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Technologov__ mircea_popescu, no one is throwing money. Just taking risks. [20:38]
Technologov__ which is not the same [20:38]
Cylta mircea_popescu: is it illigal to buysell mpex accounts? [20:38]
mircea_popescu Cylta nope. [20:39]
mircea_popescu dubious from a security pov maybe [20:39]
jcpham i love it when doms throw money at me [20:40]
Technologov__ I can take risk, but I like to be paid for it. [20:40]
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Guest00001 mp no way to change pgp key ? [20:40]
Guest00001 if asked ? [20:40]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.18 BTC [-] [20:42]
jcpham freak [20:42]
mircea_popescu well you can register a new one and push to it. [20:42]
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error4733 just 30 btc [20:44]
error4733 :) [20:44]
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benkay truffles, how much does a seat on the NYSE cost? [20:48]
benkay and truffles, how is that related to their operating costs? [20:49]
benkay rhetorical questions. too much for you to afford, and it's not. [20:49]
benkay they are different [20:50]
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benkay you encrypt orders with gpg [20:50]
benkay print them out [20:50]
benkay fly them to romania on a carrier pigeon [20:50]
asciilifeform benkay: may as well ask how the cost of a NYC taxi medallion relates to the cost of the bureaucrat's pen that signs the paperwork. [20:51]
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mircea_popescu fucking unfair comparison of the century. i hate taxi medallions. [20:52]
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benkay except that the bureaucrat doesn't own the medallion organization, the mob does [20:53]
ezdiy truffles: vipcoin is confusing, but otherwise legit [20:53]
benkay but i think we're making the same points. [20:53]
ezdiy truffles: here is exact process how 30 bitcoins are turned into vipcoin: https://www.youtube.com/watch?v=IQBOw88ksXA [20:53]
mircea_popescu what's vipcoin even ?! [20:53]
benkay and yet vipcoin doesn't break top page google [20:53]
Technologov__ BTCOxygen, ping [20:54]
asciilifeform IMHO taxi medallions are a fair comparison. They, just as the MPEx fee, exist to keep the riffraff out. [20:55]
ezdiy truffles: seek 1:40 for teenage girl [20:55]
asciilifeform Were it not for medallions, NYC would probably look like Shanghai (rickshaws, etc.) I'm fine with that, but the rulers of the place evidently aren't [20:55]
ezdiy teenage is the important part [20:55]
mircea_popescu asciilifeform you're neglecting the entire geographical monopoly angle. [20:56]
asciilifeform MP has said, in essence, that he doesn't want MPEx to become a Shanghai crawling with the equivalent of rickshaws. [20:56]
asciilifeform If I understand correctly [20:56]
ezdiy yet payola is the realm of criminal forums [20:57]
ezdiy so which is it? [20:57]
ezdiy :) [20:57]
mircea_popescu asciilifeform i don't have a problem with rickshaws per se. [20:57]
mircea_popescu there's historically been small corps listed, it's not that. [20:58]
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ezdiy well [20:59]
asciilifeform mircea_popescu: we were talking about the 30 BTC user account fee, right? rather than listings [20:59]
ezdiy thats what vip is about [20:59]
ezdiy teenage girls, database management and company lunches [20:59]
mircea_popescu asciilifeform there's easy access for someone even with 0.1 btc. there's pts, there's brokers. [20:59]
assbot [HAVELOCK] [VTX] 12 @ 0.4248 = 5.0976 BTC [+] [21:00]
ezdiy truffles: no soup for you [21:00]
ezdiy i think mircea_popescu plays the soupnazi part well [21:00]
benkay no no no, the role of taxi medallions is to reduce the number of taxis on the street [21:01]
asciilifeform mircea_popescu: that's like saying that "eTrade" with its $x/trade fees is a perfectly good alternative to a seat on the NYSE [21:01]
mircea_popescu well... would you say seat on nyse = london cab medallion ? [21:01]
mircea_popescu ezdiy ty [21:01]
asciilifeform mircea_popescu: sure [21:01]
benkay mircea_popescu would be only too happy to have more traders on his exchange, he just doesn't want to deal with the riffraff. he wants others to aggregate riffraff orders and place them on MPEx. [21:01]
benkay at least I think that's what he wants. open to correction on that count. [21:02]
mircea_popescu asciilifeform well then everything's everything and wtf. [21:02]
mircea_popescu benkay there was some pretty good discussion with pgp on this, lemme d ig [21:02]
benkay thanks mircea_popescu, feel free to pm it over [21:02]
asciilifeform benkay: riffraff interested in automated trading are more or less written out of the script. MP runs his own house how he likes, I'm fine with that. But why not call things by their real names. [21:02]
benkay asciilifeform what's the real name, then? medallions are a competition inhibitor, the exchange seat fee is just an "are you serious" check [21:03]
benkay it's not even that much money [21:03]
ezdiy asciilifeform: real names are bad for pr [21:04]
orkaa http://i.imgur.com/Haw7Qy4.jpg [21:04]
orkaa haha [21:04]
mircea_popescu lmao [21:05]
asciilifeform benkay: the bureaucrats (in practice) own NYC, and charge whatever the hell they want for taxi licenses. a bar can charge for entrance. nothing wrong with that. what I'm unclear on is why the MP fee is a different kind of animal. [21:05]
ezdiy orkaa: +1 for underage, -1 not naked [21:05]
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ezdiy asciilifeform: thats how it works [21:05]
orkaa i saw this on tv some time ago, it's real :) [21:05]
ezdiy asciilifeform: in general its called vendor lock-in [21:06]
mircea_popescu asciilifeform is there a way i can run a cab in london just for a day ? [21:06]
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asciilifeform mircea_popescu: I imagine you could buy a medallion and sell it the next day, if you wanted to [21:06]
asciilifeform just like an MPEx account [21:07]
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mircea_popescu can you actually sell those ? [21:08]
benkay probably [21:08]
mircea_popescu maybe the disagreement is borne out of me not understanding taxi medallions too well. [21:08]
asciilifeform mircea_popescu: IDK about London, but in most places you can [21:08]
mircea_popescu afaik it's just this nonsense to keep people who would like to work off [21:08]
mircea_popescu sorta like a union [21:08]
asciilifeform mircea_popescu: If I recall, most NYC drivers take out monstrous loans to buy medallions. [21:08]
benkay most don't even buy the medallions [21:08]
benkay others do [21:08]
benkay ibankers and whatnot [21:09]
mircea_popescu meh. [21:09]
ezdiy why people who dont understand basic market forces (if you have little competition, it makes sense to introduce artificial scarcity) want to trade on mpex? [21:09]
mircea_popescu ezdiy that absolutely isn't the rationale. [21:09]
ezdiy mircea_popescu: occam is cutting his veins though :) [21:09]
mircea_popescu i know. [21:10]
ezdiy mircea_popescu: i'm not dismissing it, whatever the reason its totally legit [21:10]
mircea_popescu the problem with cheapo/clueless investors is that they follow trends [21:10]
mircea_popescu this induces huge volatility which then wrecks assets. [21:10]
asciilifeform ezdiy: I'm not clamouring to buy an MPEx account for a penny, just objecting to the notion that the fee is somehow different from taxi medallions [21:10]
mircea_popescu i still think it is. [21:10]
benkay I agree. [21:10]
benkay not all customers are good customers. [21:10]
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benkay and when money is involved as a core part of the business, many of your customers will in fact be bad customers without quality control. [21:11]
ezdiy mircea_popescu: you do that at the cost of huge spreads though [21:11]
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ezdiy as long people are content with those, well why not [21:11]
ezdiy your idea of rate limiting the market holds water [21:11]
mircea_popescu well the problem with the "as long as people are content" argument [21:12]
mircea_popescu is that it's how we ended up with shit on tv. [21:12]
asciilifeform mircea_popescu: How would you personally explain the apparent lack of competition to MPEx? Is it simply the fact that no one else has the "reputation capital" ? [21:12]
mircea_popescu people have this incredible ability to "be content" with anything. frog in boiling water experiment if you know it. [21:12]
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ezdiy mircea_popescu: yup [21:12]
ezdiy boil em slow :) [21:12]
mircea_popescu asciilifeform it's a complicated web. no one has the competence, or the capital, or the reputation, or the connections, etc etc [21:12]
mircea_popescu they just feed into each other. [21:12]
asciilifeform truffles: I meant the banal fact that MPEx works as it says on the box, and none of the vaguely similar services proved to do the same [21:13]
jborkl Mp, has a stellar reputation. Unless you beleive asshole trolls and other people that are poor [21:13]
mircea_popescu i think people grossly misrepresent what all is involved. [21:13]
ezdiy clouds can be cleared up only if youre open about it [21:14]
ezdiy heck even bitcoinica eventually became opensource :) [21:15]
mircea_popescu lmao [21:15]
ezdiy so people are ok w/ bitfinex because its obvious what theyre dealing with [21:15]
ezdiy black boxes give room to a lot of speculation [21:16]
asciilifeform Ok, let's see if I understand: the 30 BTC is for keeping MPEx a market full of people who measure 1000 times "before cutting once." No trendoids, etc. Now let's say Warren Buffet (or somesuch) opens WBEx, charging 1 BTC. [21:16]
ezdiy as well as affiliate marketing schemes for vipcoin [21:16]
asciilifeform it fills up with trendoids [21:16]
mircea_popescu asciilifeform problem with your let's suppose is that it's nonsensical. [21:17]
mircea_popescu last thing he'd do is that. [21:17]
mircea_popescu he'd open a 1000 btc one first, he'd partner with me 2nd. [21:17]
asciilifeform ok, someone else with a bag full of BTC and a resonably good meatspace reputation, then. [21:17]
mircea_popescu but do you understand your own example ? [21:18]
mircea_popescu buffy is famous for having told his bh specialist [21:18]
mircea_popescu "if the next trade happens a year or so from now i'll be very happy" [21:18]
assbot [HAVELOCK] [HIM] 2 @ 1.7051 = 3.4102 BTC [-] [21:19]
asciilifeform what I'm rather hazy on is how well MPEx would hold up against a "good enough" clone that meets the basic criterion of "not being an outright scam" (AFAIK none of the MPEx competitors have met this standard) [21:19]
ezdiy it holds pretty well [21:19]
mircea_popescu asciilifeform im not sure what the incentive is exactly. you'd finance a clone rather than buy shares because ... ? [21:20]
jborkl Wait, I trust MP - so who is this you are proposing? Just some random asshole with a website? [21:20]
mircea_popescu s.dice competition never materialised EXACTLY because s.dice listed. [21:20]
mircea_popescu once that happened it's impossible to finance a clone anymore. [21:20]
asciilifeform jborkl: no, not a random arse, someone with a good reputation, hypothetically [21:20]
ezdiy people really underestimate network effects [21:21]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.2 = 2.4 BTC [+] [21:21]
jborkl there is no one with enough sense and enough money currently [21:21]
ezdiy sdice, mtgox and mpex are examples of such [21:21]
jborkl strike one and two [21:21]
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mircea_popescu so srsly asciilifeform, let's say your reputation is enoug, and you have 10k btc to burn. [21:21]
mircea_popescu you decide it has to burn in this space. [21:21]
asciilifeform jborkl: true, just as there is no semiconductor plant owner with the good sense to drop some of his pocket change on building a million ASIC miners and running them in his own mansion. [21:21]
ezdiy jborkl: competition eventually overcomes the network effect resistance [21:21]
ezdiy jborkl: inb4 bitvegas ipo [21:22]
mircea_popescu a. you buy s.mpoe shares b. you try and make a competitor. [21:22]
mircea_popescu which is your pick ? [21:22]
asciilifeform mircea_popescu: By this logic Pepsi ought not to exist, they should just re-sell Coke? [21:22]
mircea_popescu they do. [21:23]
ezdiy they do? :) [21:23]
jborkl a shitty clone of it [21:23]
kakobrekla https://bitcointalk.org/index.php?topic=188177.0 [21:23]
ezdiy mircea_popescu: how do i buy cola in kfc :) [21:23]
ezdiy what if bitvegas started kfc [21:24]
ezdiy and bundled their cola with it? [21:24]
ezdiy would it make sense to invest in mpex then? [21:24]
mircea_popescu im unsure wtf bitvegas is. [21:24]
mircea_popescu o the team fortress thing ? [21:25]
ezdiy mircea_popescu: :) [21:25]
ezdiy its easy to measure growth [21:25]
ezdiy where it is stalled and where it is not [21:25]
jborkl anyway, what time exactly do options expire MP? in UTC? [21:25]
asciilifeform mircea_popescu: there could be logical reasons for starting one's own "MPEx, with blackjack and hookers." Say I want to use evil altchains. And, AFAIK MPEx shares are non-voting, so it isn't that I could buy enough of them to make MP do this deed. [21:25]
mircea_popescu asciilifeform now you're talking angles. [21:26]
mircea_popescu originally discussion was straight clone. [21:26]
mircea_popescu if you mean start a competitor with an angle, it all boils down to whether the angle a. actually helps you and b. is good enouigh to push you [21:26]
ezdiy mircea_popescu: copycats work perfectly good [21:26]
ezdiy be the underdog and wait for the uber dogs demise [21:27]
ezdiy lets see ... gblse? [21:27]
ezdiy :) [21:27]
asciilifeform mircea_popescu: ok, let's stick to clones. Picture Bill Gates, a hypothetical BGEx with a 5 BTC fee. [21:27]
mircea_popescu ezdiy again people underestimate what goes on in the background. [21:27]
ezdiy truffles: not by market forces, but by something stupid [21:27]
mircea_popescu asciilifeform and he's doing this on pgp ? [21:27]
assbot [MPEX] [S.MPOE] 7513 @ 0.00070108 = 5.2672 BTC [+] [21:27]
asciilifeform mircea_popescu: sure, I agree, this is a stretch of the imagination. but let's imagine. [21:28]
asciilifeform mircea_popescu: yes, pgp. [21:28]
mircea_popescu ok this i wish to see. [21:28]
asciilifeform mircea_popescu: AFAIK you don't have a monopoly on PGP [21:28]
ezdiy asciilifeform: you're wasting your time, btw [21:28]
mircea_popescu so bill gates is making a mpex clone complete with pgp and everything. [21:28]
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mircea_popescu +1000 points for me for being so cool. will any of the big people switch to him ? maybe so. maybe not. [21:29]
mircea_popescu i can probably exit to jpm for a billion at that point anyway. [21:29]
ezdiy mp stands, but might possibly fall, because mircea_popescu is uber consistent in everything [21:29]
ezdiy which also means you cant convince him by make believe arguments [21:29]
mircea_popescu at which poin tyhe deal becomes jpmpex vs bgex [21:29]
mircea_popescu and i gues jpmpex wins [21:29]
mircea_popescu i won't be there to see it likely, but anyway. [21:29]
ezdiy asciilifeform: the general term is jerk irl :) [21:30]
ezdiy yep [21:30]
ezdiy the bitch army is impressive [21:30]
ezdiy :) [21:30]
asciilifeform ezdiy: I think you misunderstand. I'm not trying to convince MP of anything in particular. Just playing out a thought experiment: what would happen if MPEx actually had competition. [21:30]
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ezdiy jurov: ohai! [21:30]
kakobrekla rpietila: "I am currently running a 1.5 Class Bitcoin Supernode, and having a hard time to report on all things. This is a beta, our organisation is not perfect. I am arranging the supernode summit in Porvoo, Finland. The place where I am currently staying is Hotel Kämp, the best in Helsinki. My room" [21:31]
ezdiy truffles: rpietila took it from the other end [21:31]
ezdiy mp first build something tangible, then the bitch army [21:31]
asciilifeform kakobrekla: what on earth is a Bitcoin Supernode? [21:31]
kakobrekla yes! [21:31]
ezdiy rpietila is apparently starting with the bitch army and maybe turn out to be not elaborate troll and come up with something [21:32]
mircea_popescu ezdiy it's kinda funny to compare "pic of mp with people" vs "pic of foreveralone btctalk dud" [21:32]
ezdiy mircea_popescu: indeed :) [21:32]
kakobrekla rpietila had too much cocaine [21:32]
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ezdiy so much shame goat burned the cover [21:34]
ezdiy that thread was so full of gold [21:34]
mircea_popescu totally. [21:34]
mircea_popescu goat gets confused in troll gold threads. [21:34]
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kakobrekla https://bitcointalk.org/index.php?topic=174620.0;all [21:35]
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ezdiy still [21:36]
ezdiy interesting phenomena [21:36]
ezdiy bitch armies, whiteknighting and all [21:36]
ezdiy because those are irrelevant [21:36]
kakobrekla i quote [21:36]
kakobrekla Think of this as a book, or at least as a quality blog, to be enjoyed with quality wine and cigars in candle light. [21:36]
ezdiy important is only network effect [21:36]
kakobrekla comedy central in that setting? [21:36]
ezdiy take mtgox, fe, everyone agrees their stuff is sub-par [21:37]
ezdiy no bitch army, everybody hates magicaltux's guts [21:37]
ezdiy yet its the biggest [21:37]
mircea_popescu kakobrekla lol candlelight and screen. sounds legit [21:37]
ezdiy kakobrekla: yup, thats how i understood it [21:38]
ezdiy i mean, the guy clearly stated to be not taken seriously [21:38]
ezdiy so hey [21:38]
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jcpham On the same day that federal investigators pleaded with the public for photos and videos that would help them identify the Boston Marathon bombers, the Department of Homeland Security and the FBI released a memo stating the “discreet use of cameras or video recorders” could be interpreted as a sign that a terrorist act is being planned. [21:38]
ezdiy and then gives free advice of mid-range silver vendor [21:38]
ezdiy i'm ok with that [21:38]
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kakobrekla oooo [21:39]
kakobrekla http://static.iltalehti.fi/uutiset/13549021_uu.jpg [21:39]
kakobrekla this delivers [21:39]
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jcpham silver stackin [21:39]
kakobrekla imma gona print a shitload of qr codes [21:39]
mircea_popescu lmao [21:39]
kakobrekla stick it allover me [21:39]
jcpham i'll take pics of your qr codes and baby giraffe [21:39]
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assbot [HAVELOCK] [VTX] 2 @ 0.4781 = 0.9562 BTC [+] [21:40]
jcpham oppulence [21:40]
ezdiy truffles: what do you mean? [21:41]
* ezdiy moves on a char for a bit [21:42]
ezdiy no, still nothing [21:42]
ezdiy truffles: world is full of hypocrisy [21:43]
ezdiy well, there is that thing [21:45]
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ColdHardMetal https://docs.google.com/spreadsheet/ccc?key=0ApraDvGtZTsbdGxTZGxreXhHUTRCM0pmakNpU3NkQmc#gid=0 [21:47]
ezdiy truffles: being a bitch means you strongly defend your cult figure while youre subject ot heir will [21:47]
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mircea_popescu i thought it just meant being annoying. [21:48]
ezdiy truffles: being polite just means not giving a crap about things you cant change [21:48]
ezdiy for example, opionons [21:48]
ezdiy mircea_popescu: from the pov of dictator, it is :) [21:48]
mircea_popescu lolwut [21:48]
ezdiy subjects are always annyoing [21:49]
ezdiy you know [21:49]
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ezdiy they have their stupid feelings and such [21:49]
mircea_popescu i dunno what dictators you've been hanging out with... [21:49]
ezdiy cognitive dissonance is to be cherished [21:49]
ezdiy to manipulate [21:49]
ezdiy but its uber annoying at the same time [21:50]
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ezdiy truffles: i think mp is strongwilled enough to just feign ignore [21:50]
ezdiy curiosity and strong will results just not responding :) [21:51]
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ezdiy truffles: better come up with some plot [21:53]
ezdiy to ignite the nuclear war again [21:53]
ezdiy between soupnazi and kim jong un of finland [21:53]
mircea_popescu this is making so little sense... [21:54]
saulimus why finland? [21:54]
mircea_popescu http://polimedia.us/dtng/c/src/134491269729.jpg have some water buffalo. [21:54]
ezdiy its the new bitcoin supernode [21:54]
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ezdiy mircea_popescu: i'm yuzhe, btw [21:56]
kakobrekla i wish reptil dude would come around [21:56]
ezdiy "some douche", pfft [21:56]
ezdiy tell her shes fugly [21:56]
ezdiy kakobrekla: the circle would be complete! [21:56]
mircea_popescu man... i have no idea what's going on. [21:56]
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kakobrekla mircea_popescu, truffles is speaking [21:57]
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mircea_popescu so who's yuhzer [21:57]
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mircea_popescu so i [21:57]
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SlipperySlope mircea_popescu, can you say when the April MOPE statement will be published? [21:58]
ezdiy mircea_popescu: https://www.youtube.com/watch?v=6aURG-o7O-I [21:58]
ezdiy this is yuzhe :) [21:58]
mircea_popescu SlipperySlope yes, in a few hours [21:58]
SlipperySlope many thanks! [21:59]
mircea_popescu usually within a little of the last friday of the month ending [21:59]
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assbot [HAVELOCK] [KCIM] 1 @ 1.21 BTC [-] [22:02]
assbot [BTCTC] [PAJKA.BOND] 10 @ 0.1 = 1 BTC [+] [22:02]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.246999 BTC [+] [22:02]
assbot [HAVELOCK] [VTX] 13 @ 0.4649 = 6.0437 BTC [-] [22:03]
assbot [BTCTC] [PAJKA.BOND] 6 @ 0.101736 = 0.6104 BTC [+] [22:04]
topace incase anyone is curious, i solved the IP address leak from emails problem i was talking about yesterday [22:05]
assbot [HAVELOCK] [HIM] 1 @ 1.7899 BTC [+] [22:06]
topace the soluttion, is, essentially to run your own mailserver, on a separate ip (that will be revealed publicly) and have it strip the appropriate headers out of the messages as they fly thorugh [22:06]
topace i followed this post: http://www.stardothosting.com/blog/2010/07/remove-mail-headers-in-postfix-outgoing-mail/ [22:06]
topace worked like a c harm [22:06]
topace charm [22:06]
mircea_popescu sounds like a winner. [22:07]
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MJR_ ugh, otc is just such a scam fest [22:08]
mircea_popescu kinda. [22:09]
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MJR_ its not worth the hassle [22:09]
mircea_popescu i've not been there since [22:09]
mircea_popescu o hey. since last april. [22:09]
MJR_ birthday cake! [22:09]
mircea_popescu 1 yr [22:09]
kakobrekla 21:09.45 —ChanServ— Registered : Apr 10 19:16:21 2012 (1 year, 2 weeks, 1 day, 23:53:24 ago) [22:10]
kakobrekla hehe [22:10]
* kakobrekla throws caek in everyones faces [22:10]
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assbot [BTCTC] [ASICMINER-PT] 2 @ 1.246999 = 2.494 BTC [+] [22:14]
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jcpham http://i.imgur.com/c5q3yfc.jpg [22:16]
jcpham LOOK AT MY JEFE [22:16]
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jcpham he has the optional laser thermal vision [22:17]
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assbot [HAVELOCK] [HIM] 2 @ 1.7051 = 3.4102 BTC [-] [22:28]
kakobrekla https://bitcointalk.org/index.php?topic=174620.msg1954004#msg1954004 [22:33]
kakobrekla O_o [22:33]
kakobrekla all the fun happens on forums :( [22:34]
MJR_ the coolest guys in Bitcoin Universe [22:36]
jborkl when we start talking about mB? [22:37]
MJR_ i don't know [22:37]
MJR_ so far he is the only one i've seen do that [22:37]
kakobrekla thats in the other room #bitcoin-massets [22:38]
kakobrekla or #mbitcoin-assets [22:38]
kakobrekla whatever is it. [22:38]
jborkl or we it is- MPEX membership 30 milliion billion [22:38]
KRS-1 #bitcoin-anal [22:38]
kakobrekla im reading reptilas posts and numbers but i still cant figure out is he rich or poor? [22:39]
KRS-1 EL JEFE [22:39]
kakobrekla numbers are big [22:39]
kakobrekla but the units are kinda small [22:39]
kakobrekla %confused% [22:39]
jborkl too confusing for me, I think he has 2.4 Bitcoins [22:39]
jcpham what is this thread [22:39]
jcpham i'm readin kakobrekla [22:39]
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kakobrekla hehe [22:39]
jcpham i don't even [22:39]
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jcpham HOLY SHIT that guys running a 1.5 Class Supernode! [22:42]
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jborkl wtf does that even mean? [22:42]
jcpham it's pretty badass [22:43]
jcpham if you haven't been paying attention [22:43]
jborkl I know what a class 1A Supernova is [22:43]
jcpham i know you want to be better than him but you can't [22:43]
jborkl but not a class 1.5 supernode [22:43]
jcpham shrug [22:44]
jborkl so is a class 1.2 supernode better or a class 1.7? [22:44]
kakobrekla https://bitcointalk.org/index.php?topic=174620.msg1911371#msg1911371 [22:44]
ThickAsThieves i'm not sure if that helps explain or makes it worse [22:45]
kakobrekla how did you not know this [22:45]
kakobrekla are you completley uneducated? [22:45]
ThickAsThieves my impression is the guy is a car salesman [22:45]
kakobrekla its like.. basic stuff! [22:45]
jcpham ahahaha [22:45]
jcpham this is so good [22:45]
jcpham where did you find this [22:45]
ThickAsThieves he says all kindsa fancy things to impress idiots [22:45]
assbot [MPEX] [S.MPOE] 9176 @ 0.00070108 = 6.4331 BTC [+] [22:46]
assbot [MPEX] [S.MPOE] 10775 @ 0.00070158 = 7.5595 BTC [+] [22:46]
ThickAsThieves in the hopes of selling them a lemon [22:46]
assbot [MPEX] [S.MPOE] 7149 @ 0.00070497 = 5.0398 BTC [+] [22:46]
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jborkl That made it worse, made no sense [22:46]
jborkl lol [22:46]
jcpham and he donated to the forum [22:46]
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jcpham ! [22:46]
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jcpham President etc. of Silvervault, Hopea.fi, EIH among others. [22:47]
jcpham seriously "among others" is vain [22:47]
jcpham i can pick apart a sentence [22:47]
jcpham i like this guy [22:47]
jborkl badge of scammer, donated to forum [22:48]
MJR_ badge of scammer among others [22:48]
jborkl Seeing $115 ever again seems unlikely to me. [22:49]
jcpham could just be cultural differences [22:49]
jborkl his quote [22:49]
lippoper ;;bids 115 [22:49]
jborkl it hit that yesterday [22:49]
gribble There are currently 33575.454 bitcoins demanded at or over 115.0 USD, worth 4106373.85398 USD in total. | Data vintage: 0.0059 seconds [22:49]
jborkl lol [22:49]
jcpham yeah we're one trade from $115 at all times [22:49]
lippoper if you sell $4 million worht, it'll come up [22:49]
jcpham one trade that sets off the rest of them [22:50]
lippoper ;;market sell 33575 [22:50]
jcpham then gox gets ddosed [22:50]
gribble A market order to sell 33575 bitcoins right now would net 4106321.6274 USD and would take the last price down to 115.0000 USD, resulting in an average price of 122.3030 USD/BTC. | Data vintage: 42.8787 seconds [22:50]
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jcpham then bitstamp closes [22:50]
jborkl lets see if I have this correct [22:50]
jcpham then bitinstant gets ddosd [22:50]
jcpham easy $115 [22:50]
lippoper then another exchange shuts down [22:50]
jcpham that's more like $50 [22:50]
jborkl sell a little at MTGOX, ddos MTGOX, then use the trollbox on btce [22:50]
jcpham but whatever [22:50]
jborkl $50 drop [22:51]
jcpham yeah 6 of us can make 115 happen [22:51]
jcpham if we put our heads together [22:51]
lippoper you mean coins together [22:51]
jcpham or that [22:51]
jcpham he doesn't understand yet [22:51]
assbot [HAVELOCK] [VTX] 6 @ 0.4549 = 2.7294 BTC [-] [22:52]
jborkl his class 1.5 superchoad does not rely on the network for price though.. [22:53]
kakobrekla supertoad is disqualified. [22:53]
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kakobrekla withdrawals depricated. [22:53]
jborkl better upgrade to aa class 1.4 superchoad just to be sure [22:54]
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assbot [HAVELOCK] [VTX] 3 @ 0.4499 = 1.3497 BTC [-] [23:03]
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jurov am back, had another interesting btc-related discussion irl with a forex trader... so hard to explain how things work there [23:18]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.247 = 2.494 BTC [+] [23:18]
jurov hi ezdiy [23:18]
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jurov he was like "you should haste, large players will come and make mp do their bidding" [23:19]
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jurov when i explained my problems with mpex interface, why the development is so slow [23:20]
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jurov btw, expect options on coinbr to be frozen on opex for a while [23:21]
ThickAsThieves k [23:22]
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assbot [MPEX] [S.MPOE] 2201 @ 0.00070497 = 1.5516 BTC [+] [23:46]
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assbot [MPEX] [S.DICE] 7 @ 0.00299999 = 0.021 BTC [+] [23:53]
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mircea_popescu my impression is the guy is a car salesman <<< lol that makes us 2 [23:55]
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kakobrekla aww jurov you should send him to me [23:56]
jurov i will. but he's also webdesigner, willing to help me [23:57]
mircea_popescu forex trader slash web designer ? [23:58]
mod6 ok wtf: https://twitter.com/maxkeiser/status/327879387292770305 [23:58]
mircea_popescu i got "sorry, this tweet is too retarded for you to read. twitter does not allow very retarded tweets be read." [23:59]
mircea_popescu should i worry ? [23:59]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.246 = 2.492 BTC [-] [23:59]
mod6 Price pegs never work -- why is that not clear to people, especially Max!? [23:59]
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