Forum logs for 27 Feb 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
thestringpuller !ticker h HIM [00:08]
assbot [HAVELOCK:HIM] 1D: 15.90000000 / 16.815 / 18.00000000 (10 shares, 168.15000000 BTC), 7D: 14.91990000 / 16.12499375 / 18.00000000 (16 shares, 257.99990000 BTC), 30D: 12.12000000 / 14.46514286 / 18.00000000 (49 shares, 708.79200000 BTC) [00:08]
thestringpuller hmm [00:08]
jurov big brother's watching: http://otc.armed.us/otc [00:11]
* da2ce792 has quit (Ping timeout: 255 seconds) [00:11]
jurov http://otc.armed.us/otc/?mircea_popescu lol he got kicked repeatedly [00:11]
dub midnightmagic: I didn't realise canada was a federation [00:11]
Lyspooner he was kicked thrice [00:13]
jurov and the PREV_NICK: entries are lulzy [00:13]
* Bowjob (6037c917@gateway/web/freenode/ip.96.55.201.23) has joined #bitcoin-assets [00:16]
Bowjob wee [00:26]
ThickAsThieves http://www.theverge.com/2013/2/26/4031938/new-crowdfunding-platforms-let-you-sell-stock-in-yourself [00:28]
Bowjob hey im a bitcoiner, invest in me [00:30]
Bowjob lol [00:30]
jurov "OptionsCover":[{"":{"MPSIC":"O.BTCUSD.C160T", "Quantity":"1", "TotalSum":"100000000"}}, [00:32]
jurov {"":{"MPSIC":"O.BTCUSD.P160T", "Quantity":"1", "TotalSum":"100000000"}}, [00:32]
jurov ^ now that's a lulzy format [00:32]
Bowjob if bfl will ship march 9th... then [00:33]
Bowjob it will pretty much match avalon 2's shipment date [00:33]
dub do the avalons work? [00:33]
jurov i'm concerned only about difficulty increas, that shoudl happen around March 14... and it won't be affected much [00:34]
assbot [HAVELOCK] [SDICE] 8 @ 0.683 = 5.464 BTC [+] [00:35]
assbot [HAVELOCK] [SDICE] 5 @ 0.6839 = 3.4195 BTC [+] [00:35]
Bowjob the ones we've seen works, yea [00:35]
dub more than 2 or 3? [00:36]
Bowjob yes [00:36]
Bowjob in china at least [00:36]
* gyver has quit (Ping timeout: 246 seconds) [00:36]
Bowjob 2 in NA, at lease 3 in china, and the rest are being hush hush [00:36]
dub so 2 [00:37]
assbot [HAVELOCK] [SDICE] 8 @ 0.683 = 5.464 BTC [-] [00:37]
dub hardly confidence inspiring [00:38]
kakobrekla https://bitcointalk.org/index.php?topic=147139.msg1562492#msg1562492 [00:45]
kakobrekla lulz [00:45]
* Anduck has quit (Ping timeout: 248 seconds) [00:45]
Bugpowdr wow [00:46]
Bugpowdr i would be surprised if it really was down perm [00:46]
Bugpowdr it's been around for a long time [00:46]
Bugpowdr luckily no coins pending on it [00:46]
Bowjob mhm.. sucks for those with 2-3 year bets [00:47]
Bowjob lol [00:47]
Bugpowdr A strong argument against betting on an even that is more than a few months out [00:47]
kakobrekla i never saw a bet worth registering for [00:47]
Bugpowdr exactly Bowjob [00:47]
kakobrekla on that site [00:47]
Bugpowdr I liked the SHA-3 bets [00:47]
Bugpowdr easy money [00:47]
Bugpowdr someone bet emotionally on them [00:47]
kakobrekla what were they? [00:47]
Bowjob "Server is down for maintenance. We'll be back in a couple of hours." [00:48]
Bowjob there we go [00:48]
Bugpowdr Which hash will become sha-3 [00:48]
Bugpowdr someone bet like 50BTC on one [00:48]
kakobrekla huh [00:48]
Bugpowdr and quite a bit against on several others [00:48]
Bugpowdr So I just bet against the pro one and for all the others [00:48]
Bugpowdr was not disappoint with the results [00:49]
kakobrekla :) [00:49]
Bugpowdr Also the Ron Paul bets were awesome [00:49]
Bugpowdr betting against paultards [00:49]
Bugpowdr Ron Paul to become president. Yeah I'll bet 50BTC against that and take your money thank you [00:49]
kakobrekla lol [00:50]
error4733 who's next president ? [00:51]
error4733 *next candidate [00:51]
dub sarah palin [00:51]
error4733 +1 [00:51]
dub probably Hu Jintao tbh [00:52]
error4733 the real face of amurica [00:52]
jurov maybe if they had a bet about betofbitco.in ceases operation in 2013....oh nvm [00:53]
Lyspooner we'll say the same thing about mpex one day [00:53]
error4733 nice toshop job ! Hu Jintao at the oval office [00:53]
dub jurov: to bitbet! [00:54]
Lyspooner "remember when you could buy shares of mpoe on mpex? boy was that stupid" [00:54]
Bowjob I wanted to see an apocalypse bet [00:54]
jurov what to bitbet? should we put that bet on bitbet? [00:54]
jurov yea.. and i was ..like.. a broker, hahahaha [00:54]
Lyspooner boy was that jurov guy stupid [00:55]
Lyspooner :) [00:55]
jurov even if it crashed tomorrow i can say i was living 2 months off it [00:55]
jurov not bad, don't you tihnk? [00:56]
kakobrekla im worse [00:56]
kakobrekla 1year+ [00:56]
jurov so, you're even more stupid then :D [00:56]
kakobrekla yes [00:56]
kakobrekla total retard. [00:56]
jurov *highfive* [00:57]
kakobrekla im so stupid i dunno how to do dat [00:57]
jurov *kakobrekla tries and misses [00:57]
kakobrekla darn [00:57]
kakobrekla better go practice [00:57]
* Lyspooner high fours [00:57]
Namworld_afk living off of what? [00:58]
kakobrekla coins [00:58]
jurov coinbr+mpex daytrading [00:58]
jurov +bitfunder shenanigans [00:58]
Namworld_afk oh... what's wrong with that? [00:59]
Bugpowdr eating the seed corn [00:59]
kakobrekla i bought a car with em with btc was liek 5 euro [00:59]
Bugpowdr of the financial revolution [00:59]
kakobrekla prolly im as dumb as 10k pizza guy [00:59]
Bugpowdr this is the main problem with plan Tesla [00:59]
Lyspooner dude was not dumb, he got a pizza [00:59]
Bugpowdr I want to like sell maybe 10% of my coins for a Tesla. [01:00]
Lyspooner he helped kickstart a revolution, he got a pizza and he didn't have to kill anyone [01:00]
Bugpowdr Which is going to take quite a bit more rise in value [01:00]
kakobrekla he helped himself get poor [01:00]
kakobrekla thats the only thing he did [01:00]
jurov since revolutions tend to eat its children... better eat the seeds. [01:01]
Bugpowdr How many coins did he still have after the pizza? [01:01]
Lyspooner at least 50k [01:01]
kakobrekla depends if he did reorder [01:01]
Bugpowdr I think he is doing ok [01:01]
Bugpowdr the guy that sold the pizza though... He is the true visionary [01:01]
Lyspooner papa john's sold the pizza [01:02]
Lyspooner they are ok [01:02]
Lyspooner and he did reorder [01:03]
* Lyspooner has quit (Quit: ChatZilla 0.9.90 [Firefox 16.0.2/20121024073032]) [01:05]
kakobrekla heheh [01:06]
kakobrekla 50k? [01:06]
kakobrekla thats a number pulled out of ur ass or? [01:06]
assbot [HAVELOCK] [SDICE] 2 @ 0.6829 = 1.3658 BTC [-] [01:08]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [01:11]
Bowjob ;;ticker [01:12]
gribble BTCUSD ticker | Best bid: 31.17999, Best ask: 31.18000, Bid-ask spread: 0.00001, Last trade: 31.17999, 24 hour volume: 42869.02144537, 24 hour low: 30.11110, 24 hour high: 31.69900, 24 hour vwap: 30.99536 [01:12]
Bowjob crash! [01:12]
jurov interesting, CoinBr.iDiff-E (expires April 17) sells quite well for 0.095 ... asics hope dies last, seems. [01:13]
error4733 no, from the screenshoot of the guy wallet when he send the 10k [01:14]
kakobrekla i dont think there will be any majorish price increase until there is majorish difficulty increase [01:14]
kakobrekla meaning some one else has to deliver [01:14]
kakobrekla http://smpake.com/etc/btc/charts.php [01:15]
kakobrekla my guess it it will stabilize around 0.15 eur per 100mhash daily or lower [01:15]
kakobrekla with asics [01:15]
kakobrekla maybe 0.1 [01:15]
assbot [BTCTC] [GSDPT] 100 @ 0.00636 = 0.636 BTC [+] [01:16]
kakobrekla anywho [01:23]
kakobrekla according to that chart bubble starts at ~40 to 45 usds at this diff [01:23]
assbot [BTCTC] [GSDPT] 2 @ 0.00636 = 0.0127 BTC [+] [01:26]
* rdponticelli has quit (Remote host closed the connection) [01:33]
* Chilca has quit (Remote host closed the connection) [01:33]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [01:35]
* Bugpowdr has quit (Quit: Page closed) [01:35]
mircea_popescu sooo [01:35]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [01:36]
mircea_popescu topace it's a good thing to have anyway. [01:37]
mircea_popescu more than 2 or 3? << supposedly some chinese ppl got delivered. it's vague. [01:45]
Bowjob "China customs just discovered Bitcoins and are mining like there's no tomorrow..." [01:47]
Bowjob Uh oh [01:47]
mircea_popescu depends if he did reorder << haha good 1. [01:48]
jurov or all rigs were "harmonized" by The Party [01:49]
mircea_popescu re bubble talk allow me to shamelessly plug http://polimedia.us/trilema/2013/permanently-elevated-plateau/ [01:49]
Bowjob "China customs just discovered Bitcoins and are mining like there's no tomorrow..." [01:52]
Bowjob " onryo : Bowjob for real?" [01:52]
Bowjob xD [01:52]
Bowjob over at Bfl shoutbox [01:52]
kakobrekla luck this isnt bfl shoutbox ... OR IS IT? [01:52]
kakobrekla lucky* [01:52]
kakobrekla unless its inaba crying i dun wanna hear it [01:53]
mircea_popescu so did they get bumped yet ? [01:54]
Bowjob no [01:54]
mircea_popescu shocking. [01:54]
Bowjob march 9th is the new target date [01:55]
mircea_popescu https://bitcointalk.org/index.php?topic=101902.msg1560469#msg1560469 [01:55]
mircea_popescu lol drama [01:55]
Bowjob may as well make another BFL bet that they wont ship by march 30th [01:55]
mircea_popescu Bowjob this reminds me of george costanza getting married. [01:55]
kakobrekla its already up [01:55]
kakobrekla i think [01:55]
Bowjob is ti? [01:55]
Bowjob lol [01:55]
kakobrekla ah, its the 15th [01:55]
kakobrekla http://bitbet.us/bet/261/bfl-will-deliver-asic-devices-before-march-15th/ [01:55]
kakobrekla this time [01:55]
kakobrekla too easy [01:56]
kakobrekla should be the end of the month [01:56]
kakobrekla to make it fun [01:56]
mircea_popescu ya srsly. [01:56]
kakobrekla do something!! [01:56]
dub mircea_popescu: anything said to have happened in china carries much lower weighting in the dubwot [01:57]
mircea_popescu i wonder why. [01:57]
* Chilca has quit (Remote host closed the connection) [01:58]
Ukto didnt bfl already say by march ? [01:58]
kakobrekla 2012? [01:58]
Ukto lol [01:58]
dub bfl have said a great number of things [01:58]
Ukto tis true [01:58]
mircea_popescu Ukto as best we can determine bfl bet 500 btc they'll deliver by march 1st [01:59]
mircea_popescu back in early january [01:59]
assbot [HAVELOCK] [SDICE] 7 @ 0.679 = 4.753 BTC [-] [01:59]
* Smoovious has quit (Ping timeout: 240 seconds) [01:59]
* Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets [02:00]
mircea_popescu so two days into the new month mpoe saw like 20k volume [02:01]
mircea_popescu this has all the makings of yet another record month [02:01]
mod6 :D [02:05]
Ukto bfl bet 500btc? [02:05]
mircea_popescu i think so. [02:05]
ThickAsThieves no worries it was all extra scratch left over from BTC returns [02:06]
mircea_popescu possibly ya [02:07]
Bowjob josh said he didnt put money on the bet [02:12]
Bowjob mhm [02:12]
mircea_popescu well, the bet popped, then it was discussed on the forum then the bet showed up. who knows, maybe it's some other true believer. [02:12]
mircea_popescu sure looked suspicious tho [02:12]
mircea_popescu reasonably, a third party with 500 btc to ride on "bfl delivers" would have spent it to pre-order rather than to bet [02:14]
mircea_popescu then again, reasonably is overrated. [02:14]
jurov resonably, true believers should buy difficulty futures [02:17]
jurov some do but not many, i feared with prices i'm offering i'll have to think hard about collateral requirement [02:18]
assbot [HAVELOCK] [SDICE] 20 @ 0.679 = 13.58 BTC [-] [02:18]
mircea_popescu yea. lots of stuff to learn for many people yet. [02:19]
* DeadWeasel (~DeadWease@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets [02:21]
assbot [MPEX] [S.MPOE] 9900 @ 0.00075894 = 7.5135 BTC [+] [02:23]
* wh1t3r4bb1t (~wh1t3r4bb@dpc6935129217.direcpc.com) has joined #bitcoin-assets [02:24]
assbot [BTCTC] [BITVPS] 1 @ 0.00424 BTC [-] [02:26]
mircea_popescu http://www.lawgazette.co.uk/inpractice/qa/limit-cash-payments-clients [02:27]
mircea_popescu this shit is fucking insane. [02:27]
mircea_popescu it is not nor can it be the business of a solicitor to inquire as to where money comes from for fucks sake. [02:27]
mircea_popescu how long till people start coming to their senses ? "i am not the police and i do not do the job of the police. do your motherfucking jobs!" [02:28]
* toffoo (~tof@177.192.120.90) has joined #bitcoin-assets [02:31]
wh1t3r4bb1t hello [02:38]
assbot [BTCTC] [B.YABMC] 1 @ 0.00897 BTC [+] [02:39]
assbot [BTCTC] [B.YABMC] 15 @ 0.00897 = 0.1346 BTC [+] [02:39]
* yellowhat (~Thunderbi@unaffiliated/yellowhat) has joined #bitcoin-assets [02:40]
* yellowhat has quit (Remote host closed the connection) [02:40]
kakobrekla hi [02:40]
wh1t3r4bb1t when you think the next crash will be? [02:43]
kakobrekla 3 [02:43]
kakobrekla 2 [02:43]
kakobrekla 1 [02:43]
kakobrekla now. [02:43]
* DeadWeasel has quit (Ping timeout: 276 seconds) [02:43]
mircea_popescu ;;ticker [02:44]
gribble BTCUSD ticker | Best bid: 31.08556, Best ask: 31.12000, Bid-ask spread: 0.03444, Last trade: 31.12000, 24 hour volume: 42956.19105260, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.01976 [02:44]
kakobrekla its really gonna be now at some point of time. [02:44]
mircea_popescu the next crash will be after bitcoin touches 100 [02:44]
* DeadWeasel (~DeadWease@66.55.141.84) has joined #bitcoin-assets [02:44]
kakobrekla reminds me of the time argument [02:45]
kakobrekla http://www.youtube.com/watch?v=36SQTFIAZKU [02:45]
mircea_popescu it's kinda funny to me tho, all the smartasses that were explaining how bitcoin is no good feel a little left out now [02:45]
mircea_popescu hoping for a crash [02:45]
mircea_popescu well... it's going to crash, but later on, and it won't crash as low as 30, so... [02:45]
DeadWeasel your basis for this is? [02:46]
mircea_popescu this. [02:46]
DeadWeasel not that! [02:46]
mircea_popescu kay [02:46]
DeadWeasel we all just speculatin' [02:47]
DeadWeasel but you have decided that the floor is now 30? [02:47]
Bowjob its gonna crash upwards [02:47]
DeadWeasel haha [02:47]
mircea_popescu seems pretty clear to me, yes. floor is now 30. [02:47]
DeadWeasel my floor is carpet [02:48]
aethero My floor is tile. [02:48]
mircea_popescu think about it. everyone that wanted to sell at 30 could have. there's no pressure tho. [02:48]
mircea_popescu so logically, nobody wants to sell at 30 [02:49]
mircea_popescu this simply means people wanting in will have to pay more. [02:49]
mircea_popescu and they should be thankful for anything they get. it's early yet. [02:49]
ThickAsThieves http://www.nj.com/politics/index.ssf/2013/02/nj_legislature_approves_of_chr.html [02:49]
ThickAsThieves NJ joined the online gambling parade [02:49]
mircea_popescu ThickAsThieves they won't beat nevada tho [02:50]
ThickAsThieves nope [02:50]
Eduard_Munteanu mircea_popescu: I still think we might see people cashing in USD, perhaps ASIC manufacturers for their day-to-day operations. [02:51]
DeadWeasel they don't have day to day operations [02:52]
ThickAsThieves didnt that happen at like $24 or so? [02:52]
mircea_popescu Eduard_Munteanu sure, some btc will always be on offer. [02:52]
DeadWeasel but the buyers wave is steady [02:52]
DeadWeasel amazingly [02:52]
Eduard_Munteanu Yeah, I'm pretty amazed it didn't crash. Might be relatively stable after all. [02:52]
mircea_popescu moreover, good/bad money theory. [02:52]
mircea_popescu everyone tends to spend btc last. [02:52]
mircea_popescu the miners that saved their mined btc made a killing this year, for instance [02:53]
Eduard_Munteanu Hm, good point. [02:53]
mircea_popescu this lesson has not been lost on anyone i've talked to. [02:53]
mircea_popescu there's also the fiscal consideration. spend fiat, it counts as a deduction. [02:53]
Eduard_Munteanu Did you get a miner btw? I'm a bit sorry I'm late to the party. :( [02:53]
mircea_popescu nah, im not into mining. [02:53]
Eduard_Munteanu Initially it seemed like a good deal, I probably would've bought a ~ $1500 miner. I'm interested to see how much they manage to get out of it. [02:54]
ThickAsThieves how do you mark buying BTC as a deduction? [02:55]
mircea_popescu ThickAsThieves the fiat you spend to pay for fixed costs is a deduction. [02:55]
ThickAsThieves like a tax deduction? [02:55]
mircea_popescu yes like a tax deduction. [02:55]
ThickAsThieves what fixed cost would it be best categorized as [02:56]
Eduard_Munteanu I wonder if you could deduct buying BTCs here. [02:56]
mircea_popescu Eduard_Munteanu pretty sure you couldn't. [02:56]
mircea_popescu ThickAsThieves company A spends 50, makes 70, pays tax on the 20. [02:56]
mircea_popescu if next year company A spends 55, makes the same 70, it pays tax on the 15 only [02:56]
mircea_popescu if the extra 5 pays electricity for a rig that makes no difference in this equation. [02:56]
ThickAsThieves incidentally every dime i've spent on bitcoin has come froma company account [02:57]
Eduard_Munteanu Actually yeah, you probably can't, not to mention you need receipts and such. [02:57]
kakobrekla you can get receipts from bitstamp or smth [02:57]
mircea_popescu i know some guy that charged all his game subscription to company [02:58]
mircea_popescu got audited, he claimed it's for employee's productivity [02:58]
mircea_popescu they disallowed like half [02:58]
ThickAsThieves hehe [02:58]
ThickAsThieves so would i call it an investment? Or what kind of expense? [02:58]
mircea_popescu apparently wow is not ok but some cs-thing is or something like that. he had a list. [02:58]
mircea_popescu ThickAsThieves you wouldn't call it anything. when power bill comes you just pay it and that's that. [02:59]
ThickAsThieves but on your taxes [02:59]
ThickAsThieves that goes under utilities [02:59]
mircea_popescu not on YOUR taxes. [02:59]
* assbot has quit (Ping timeout: 252 seconds) [02:59]
mircea_popescu this is corporate tax we're discussing here. [02:59]
Eduard_Munteanu mircea_popescu: I wonder if BTC is a good way to get money *out* of the company's accounts [02:59]
Eduard_Munteanu Deductible or not. [02:59]
* assbot (~assbot@78.46.215.65) has joined #bitcoin-assets [03:00]
* ChanServ gives channel operator status to assbot [03:00]
DeadWeasel get it out of the country then handle it [03:00]
mircea_popescu if it's your company you can do whatever you want. [03:00]
DeadWeasel fucking US taxes [03:00]
ThickAsThieves so it's just like any other vendor expense or such [03:00]
mircea_popescu you can make a company to warm the atmosphere if you please. [03:00]
ThickAsThieves this is kinda scary [03:00]
Eduard_Munteanu mircea_popescu: AFAIK it's a pain to justify taking money out of your accounts [03:00]
Eduard_Munteanu I've seen people complain about it. [03:01]
mircea_popescu what dopes that even mean ? [03:01]
Eduard_Munteanu I'm sure there are ways around it though. [03:01]
mircea_popescu i never heard of such a problem. [03:01]
ThickAsThieves not in US [03:01]
ThickAsThieves take money out for whatever whenever [03:01]
Eduard_Munteanu mircea_popescu: stuff like "I can't pay you cash, I don't have it" [03:01]
mircea_popescu ya well that's called being bankrupt. [03:02]
mircea_popescu we're talking actual corps here, not the living dead. [03:02]
Eduard_Munteanu I still assumed people were stubborn about it, so yeah, you're probably right. [03:02]
mircea_popescu that's the definition. unable to pay exigible demands => bankrupt. [03:02]
* Luceo_ has quit (Ping timeout: 276 seconds) [03:03]
Eduard_Munteanu mircea_popescu: say a company wants to employ a sizeable portion of its workers under the table, that's the sort of scenario I have in mind [03:03]
mircea_popescu that'd be fraud now wouldn't it. [03:03]
ThickAsThieves so you do all your btc/fiat transactions above board? [03:04]
ThickAsThieves i know youll only give one answer i guess [03:04]
Eduard_Munteanu mircea_popescu: I think so... hypothetically. :) [03:04]
mircea_popescu ThickAsThieves what transactions tho ?! [03:04]
ThickAsThieves indeed [03:04]
ThickAsThieves if you stay in BTC [03:05]
ThickAsThieves and spend BTC [03:05]
mircea_popescu i've bought plenty on my own account, as any other game subscription./currency/whatever [03:05]
ThickAsThieves nothing to note [03:05]
mircea_popescu i've not sold other than negligible amts [03:05]
mircea_popescu and if i do sell sure it'll be reported as revenue [03:05]
Bowjob ah damn.. it was nice while it worked [03:05]
Bowjob lol [03:05]
ThickAsThieves surely most people wouldnt [03:05]
mircea_popescu Eduard_Munteanu ya well, that has little to do with btc. you can use goats or salt to commit fraud. [03:06]
Bowjob that XRP giveaway, they sent me 50k twice [03:06]
mircea_popescu ThickAsThieves why not ?! [03:06]
Eduard_Munteanu Hm, fair point. [03:06]
ThickAsThieves report income from BTC? [03:06]
mircea_popescu yes [03:06]
ThickAsThieves when the cats away [03:06]
mircea_popescu makes no sense. in a properly structured vehicle you pay whatever, 3% if anthing at all [03:07]
ThickAsThieves i know most americans would default to that attitude [03:07]
Eduard_Munteanu Well sure, now you don't expect a company owner to admit, no? Hypothetically, of course. :) [03:07]
mircea_popescu dudes, srsly. you're thinking like poor hicks in arkansas or some shit. [03:07]
ThickAsThieves more middle class and down [03:07]
mircea_popescu the entire tax system is there to help. hire good fiscal representation and use it. [03:08]
ThickAsThieves a lot of people [03:08]
ThickAsThieves i dont disagree [03:08]
Eduard_Munteanu I am poor, FSVO poor. [03:08]
ThickAsThieves a system only works when used properly [03:08]
Eduard_Munteanu So if I can keep a lil' more to myself... :) [03:08]
ThickAsThieves but i do believe the sentiment of those bitcoiners [03:08]
ThickAsThieves woulod be to sneak around with the btc money [03:08]
mircea_popescu ya, because most bitcoiners have bupkiss understanding of pricing risk [03:09]
Eduard_Munteanu Yes, we do need legitimate business on a more serious voice. [03:09]
mircea_popescu so they end up "investing" in whatever, btcjam and miner bonds [03:09]
* Luceo_ (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets [03:09]
Eduard_Munteanu ;;ticker [03:10]
gribble BTCUSD ticker | Best bid: 31.02001, Best ask: 31.20000, Bid-ask spread: 0.17999, Last trade: 31.20000, 24 hour volume: 42934.16522334, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.03445 [03:10]
ThickAsThieves okay, so about the system and taxes, doesnt spending bitcoin on bitcoin offerings still break things [03:10]
ThickAsThieves like if evoorhees rakes in btc [03:11]
ThickAsThieves and spends it as btc [03:11]
ThickAsThieves he never pays a tax [03:11]
Eduard_Munteanu Possibly. For instance buying/selling securities may be subject to different tax rules. [03:11]
mircea_popescu why would he ? [03:11]
ThickAsThieves loads of money goes in [03:12]
ThickAsThieves but doesnt come out [03:12]
mircea_popescu so ? [03:12]
ThickAsThieves well [03:12]
ThickAsThieves i guess it still comes out somewhere [03:12]
ThickAsThieves at least these days [03:12]
ThickAsThieves whatever thing you buy was probably paid to make with fiat [03:12]
Eduard_Munteanu For example, here they tax *every* profitable transaction by 16%. Not at the end of the year, or the month, but as soon as it happens. [03:12]
ThickAsThieves but still a lot less tax being collected [03:12]
mircea_popescu where's "here" ? [03:12]
Eduard_Munteanu mircea_popescu: BVB, the stock market [03:13]
Eduard_Munteanu It's pretty messed up. [03:13]
ThickAsThieves i do wish US taxes were simpler and closer to a flat tax [03:13]
* kryzm (~kryzm@140.232.177.130) has joined #bitcoin-assets [03:13]
mircea_popescu i have no idea, haven't followed that since the late 90s [03:13]
mircea_popescu but that notwithstanding, btc and btc stocks have nothing to do with fiat rules and fiat definitions. [03:14]
ThickAsThieves so what does a government do to get the tax they need? [03:14]
ThickAsThieves adopt btc? [03:14]
mircea_popescu ThickAsThieves that'd be their problem. [03:14]
Eduard_Munteanu Let's just say I might break even on gold after losing quite a bit of money on the stock market. [03:14]
Eduard_Munteanu Not particularly hit by the crisis, but my trades weren't exactly great. [03:14]
mircea_popescu Eduard_Munteanu if that thing ain't rigged i'm a girl and don't even know about it. [03:15]
Eduard_Munteanu Perhaps, besides BVB is sort of a joke market compared to other similar stuff. [03:15]
mircea_popescu right. i don't understand why anyone'd bother, other than to hedge speciffic risks [03:16]
mircea_popescu get a grown-up acct in ny or w/e [03:16]
Eduard_Munteanu I'd much rather do forex. Haven't tried Sibex though. [03:16]
mircea_popescu this is like getting .ro domains srsly. [03:16]
mircea_popescu nobody sane would be involved. [03:16]
Eduard_Munteanu Heh, yeah. [03:16]
mircea_popescu you wanna trade forex, get an account on the actual market [03:17]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [03:17]
Eduard_Munteanu mircea_popescu: I went through some random trader from US, the only thing I complain is the huge leverage [03:17]
mircea_popescu why trade bizarre illiquid shit... i mean, mpex and bvb are not exactly the same size, but not exactly that far off. [03:17]
Eduard_Munteanu forex.com IITC [03:17]
Eduard_Munteanu *IIRC [03:18]
mircea_popescu is forex.com legit ? [03:18]
Eduard_Munteanu Yes, I could literally influence the market on BVB, even on certain Cat I securities. [03:18]
mircea_popescu anyway, never heard of em. use schwab or edward jones or w/e [03:19]
mircea_popescu something that exists [03:19]
Eduard_Munteanu mircea_popescu: yes, it worked fine for me [03:19]
Eduard_Munteanu I didn't put a lot of money in it, a few hundred dollars. [03:20]
mircea_popescu a well [03:21]
Eduard_Munteanu Stuff like USD/gold or USD/CHF is nice, but the leverage is a bit too high IMO. E.g. if you're betting on US inflating their money supply. [03:21]
mircea_popescu you don't HAVE to use leverage you don't want now do you [03:21]
Eduard_Munteanu Yeah, you can trade less. [03:21]
mircea_popescu exactly. [03:22]
Eduard_Munteanu Actually yeah, dunno why I said that. :) [03:22]
mircea_popescu lol k [03:23]
Eduard_Munteanu I actually did something like that at some point. Though I'd lose patience and go with more bucks at it, perhaps that was it. :D [03:23]
mircea_popescu ya well discipline matters. [03:23]
Eduard_Munteanu Luckily it's all stop-loss and you can't end up in debt, AFAIR. [03:24]
Eduard_Munteanu I suspect you might need something like that to short safely on BTCs. [03:24]
* BitHub (~BitHub@unaffiliated/bithub) has joined #bitcoin-assets [03:25]
dub sup atlas [03:25]
mircea_popescu bithub = atlas ?! [03:25]
dub surely Eduard_Munteanu is [03:25]
* LainZ has quit (Ping timeout: 264 seconds) [03:25]
mircea_popescu o ya think ? [03:26]
BitHub cheers for the divs mircea :) [03:26]
mircea_popescu Eduard_Munteanu zi bre, care-i diferenta intre o pisica alba si-una neagra ? [03:26]
mircea_popescu dub maybe so. [03:28]
mircea_popescu BitHub hehe enjoy. [03:28]
* Jackmaninov has quit (Remote host closed the connection) [03:29]
* fishfish (~fishfish@cpc10-mort5-2-0-cust225.19-2.cable.virginmedia.com) has joined #bitcoin-assets [03:34]
* fishfish has quit (Client Quit) [03:35]
* copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets [03:37]
Bowjob ;;ticker [03:45]
gribble BTCUSD ticker | Best bid: 31.06093, Best ask: 31.20001, Bid-ask spread: 0.13908, Last trade: 31.20001, 24 hour volume: 42934.80821886, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.04091 [03:45]
Bowjob crash [03:45]
aethero Yeah a fall to 31.2 is a crash lol [03:45]
* Chaang-Noi (~j@183.89.2.4) has joined #bitcoin-assets [03:45]
Bowjob it as 31.6 earlier lol [03:45]
Eduard_Munteanu mircea_popescu: heh, no, I don't think I know that one [03:46]
Eduard_Munteanu dub: hm? [03:46]
* da2ce7 has quit (Quit: KVIrc 4.2.0 Equilibrium http://www.kvirc.net/) [03:46]
* kryzm has quit (Quit: Leaving) [03:47]
assbot [HAVELOCK] [KCIM] 1 @ 1 BTC [+] [03:47]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [03:48]
Chaang-Noi so no high yet, hmmm [03:49]
Chaang-Noi bulls wake up! [03:50]
Bowjob nope crash time [03:50]
ThickAsThieves yeah it cvould crash all the way to $31 [03:50]
ThickAsThieves watch out [03:50]
Chaang-Noi anything over $20 would just be a correction anyway:) [03:50]
assbot [MPEX] [S.DICE] 665 @ 0.00634999 = 4.2227 BTC [-] [03:53]
* da2ce7 has quit (Quit: KVIrc 4.2.0 Equilibrium http://www.kvirc.net/) [03:53]
* Bugpowder (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets [03:54]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [03:56]
assbot [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+] [03:57]
BitHub Hey guys, you can now talk to BitHub directly from our site, I know wow real time customer service, who knew. [04:00]
kakobrekla what is your site? [04:01]
thestringpuller bithub.com? [04:13]
BitHub bithub.com.au [04:14]
thestringpuller your icon is broken [04:15]
thestringpuller also weird name: https://bitcointalk.org/index.php?topic=29588.0 [04:15]
mircea_popescu lol @ last 2 posts there [04:16]
mod6 heheh, telling this whole room of people about bitcoin... [04:17]
* Guest00001 (~userirc@ip-80-236-227-166.dsl.scarlet.be) has joined #bitcoin-assets [04:17]
mod6 has caused quite the discussion on currency and dollars. [04:17]
mod6 i'll tell you guys more later. but this is pretty cool conversation over here. people are really receptive to btc -- and these people totally non-technical. [04:18]
mircea_popescu http://polimedia.us/dtng/c/src/136192804573.jpg random person upon hearing "Bitcoin" [04:19]
mircea_popescu tru story. [04:19]
kakobrekla mod6 ?? [04:19]
* error4733 has quit (Ping timeout: 252 seconds) [04:19]
* Guest00001 is now known as error4733 [04:19]
kakobrekla indian malarkey? [04:19]
mod6 kakobrekla: these are the guys who are involved with the legalized casino gaming in minnesota. [04:19]
kakobrekla aha [04:20]
mod6 haha, nice mircea_popescu [04:20]
mircea_popescu totally. [04:20]
mod6 i passed around .1 BTC on a paper wallet, that was the basic reaction ;) [04:21]
* Populus has quit (Read error: Connection reset by peer) [04:21]
kakobrekla is that pic i want to get fucked by or for btc? [04:21]
mircea_popescu you know, i should probably do a buncha Bank of MPEx paper btc notes [04:21]
mircea_popescu kakobrekla it's "stfu and take my maidenhood" [04:21]
mircea_popescu sorta like money but for girls ? [04:21]
mod6 that'd be sweet! [04:21]
mircea_popescu hm, any designers in da house ? [04:22]
mod6 brb, these guys are having a full argument about cash and what the fed does and how in debt/fucked we are... [04:22]
aethero mod6 who? [04:22]
mod6 some homies [04:22]
kakobrekla i know how to turn on photoshop [04:22]
mod6 or do you mean who's fucked aethero? [04:23]
kakobrekla its double click on that blue PS [04:23]
aethero Who's fucked [04:23]
mod6 if you mean who, i mean the world [04:23]
mod6 or more directly, the us. [04:23]
aethero The who? [04:23]
mod6 so we're talkin about what's really taking place. [04:23]
aethero You? [04:23]
mod6 wat [04:23]
mod6 dude. [04:23]
aethero "the us" [04:23]
aethero who's "us"? [04:23]
mod6 The United States of Amerika [04:23]
aethero I dont know Amerika [04:24]
aethero I know America. And U.S. ;) [04:24]
kakobrekla its mostly jesus and meth. [04:24]
thestringpuller a bank that doesn't lend money eh popescu? [04:24]
mod6 lol stop trollin me [04:24]
mod6 i gotta get back to it. [04:24]
mod6 bbl [04:24]
thestringpuller mircea_popescu: lends me 1 million BTC [04:25]
BitHub lul stringpuller [04:25]
BitHub funny link [04:25]
DeadWeasel so, fellas, think we go down from there for a while? or rally this week? [04:27]
DeadWeasel http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zi1gMACDzi2gStochRSIzi3gCOscillatorzi4gCOscillatorzv [04:28]
DeadWeasel macd looks off [04:28]
DeadWeasel to my untrained eyes [04:28]
DeadWeasel but instincts curious what anyone else sees [04:29]
DeadWeasel http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zi1gMACDzi2gStochRSIzi3gCOscillatorzi4gRSIzv [04:29]
DeadWeasel does it even mean anything? [04:30]
Bugpowder I doubt it [04:31]
DeadWeasel reason or feeling? [04:32]
DeadWeasel instinct is a bastard mutant of those two. [04:32]
DeadWeasel and is an acceptable answer [04:32]
DeadWeasel ;;slap deadweasel [04:33]
* gribble slaps deadweasel with a rent GPG key [04:33]
DeadWeasel that was heavier than expected [04:33]
* Populus (~Populus@81-233-170-133-no122.tbcn.telia.com) has joined #bitcoin-assets [04:34]
kakobrekla yeah [04:39]
kakobrekla stop with the useless slaps [04:39]
Bowjob ;;ticker [04:39]
gribble BTCUSD ticker | Best bid: 31.10002, Best ask: 31.18000, Bid-ask spread: 0.07998, Last trade: 31.18000, 24 hour volume: 43378.82060481, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.05179 [04:39]
kakobrekla too much noise [04:39]
kakobrekla you can pm gribble and slap yourself there if you really wanna [04:40]
* Bugpowder has quit (Remote host closed the connection) [04:41]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+] [04:42]
* DeadWeasel is now known as asshat [04:43]
asshat my bad [04:43]
asshat sorry [04:43]
mod6 alot of these guys in here are very wealthy, and haha, bitcoin and this discussion is scaring the shit out of them [04:44]
mod6 talk about all-time complacentcy [04:44]
mod6 more in a bit... [04:45]
dub http://webcache.googleusercontent.com/search?q=cache:_oY05tYId38J:blog.glbse.com/no-electronic-devices+&cd=1&hl=en&ct=clnk&gl=nz&client=firefox-a [04:48]
dub I know its a bit late for this but.. what a fucking idiot [04:48]
* asshat (~DeadWease@66.55.141.84) has left #bitcoin-assets [04:49]
* wiggzz (1862cbc0@gateway/web/freenode/ip.24.98.203.192) has joined #bitcoin-assets [04:49]
kakobrekla yup [04:54]
kakobrekla prolly the last ppl you want to mention btc to [04:54]
assbot [MPEX] [O.BTCUSD.C330T] 10 @ 0.14012133 = 1.4012 BTC [-] [04:55]
* cat3 has quit (Ping timeout: 255 seconds) [05:00]
assbot [MPEX] [S.BBET] 298 @ 0.00196499 = 0.5856 BTC [-] [05:05]
* BitHub has quit (Remote host closed the connection) [05:05]
* Chilca has quit (Remote host closed the connection) [05:06]
assbot [MPEX] [S.DICE] 92 @ 0.00634999 = 0.5842 BTC [-] [05:06]
assbot [MPEX] [S.MPOE] 770 @ 0.00075894 = 0.5844 BTC [+] [05:08]
assbot [MPEX] [S.DICE] 220 @ 0.00634999 = 1.397 BTC [-] [05:08]
* Mandrius has quit (Ping timeout: 255 seconds) [05:15]
Bowjob ;;ticker [05:17]
gribble BTCUSD ticker | Best bid: 31.11011, Best ask: 31.19999, Bid-ask spread: 0.08988, Last trade: 31.19999, 24 hour volume: 42530.67594311, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.07588 [05:17]
assbot [HAVELOCK] [SDICE] 12 @ 0.6749 = 8.0988 BTC [-] [05:22]
assbot [HAVELOCK] [SDICE] 13 @ 0.6749 = 8.7737 BTC [-] [05:23]
Bowjob what is this meme about some old people going crazy about an idea [05:24]
Bowjob the old people i assume are businessmen [05:24]
* Namworld_afk is now known as Namworld [05:25]
* FabianB_ (~ogg@unaffiliated/fabianb) has joined #bitcoin-assets [05:26]
Bowjob http://knowyourmeme.com/photos/408229 [05:26]
Bowjob idk what its called [05:26]
* FabianB has quit (Ping timeout: 264 seconds) [05:27]
* wiggzz has quit (Ping timeout: 245 seconds) [05:33]
Bowjob guys, BFL wafers are real! [05:46]
Bowjob http://img.tradeindia.com/fp/0/237/332.jpg [05:46]
dub needs moar clock buffer [05:47]
* Eduard_Munteanu has quit (Ping timeout: 255 seconds) [05:50]
* maximian_ (~maximian@S01062cb05d389a4b.vc.shawcable.net) has joined #bitcoin-assets [05:51]
* maximian has quit (Read error: Connection reset by peer) [05:51]
* maximian_ is now known as maximian [05:51]
* Bowjob has quit (Quit: Page closed) [05:52]
* aethero has quit (*.net *.split) [05:53]
* Diablo-D3 has quit (*.net *.split) [05:53]
* Keefe has quit (*.net *.split) [05:53]
* Azelphur has quit (*.net *.split) [05:53]
* maximian (~maximian@S01062cb05d389a4b.vc.shawcable.net) has left #bitcoin-assets [05:54]
* aethero (~sdfa324@unaffiliated/aethero) has joined #bitcoin-assets [05:55]
* Diablo-D3 (~diablo@pool-64-222-226-95.port.east.myfairpoint.net) has joined #bitcoin-assets [05:55]
* Keefe (~keefe@unaffiliated/keefe) has joined #bitcoin-assets [05:55]
* Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets [05:55]
* Azelphur has quit (Max SendQ exceeded) [05:55]
* Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets [05:56]
* maximian (~maximian@S01062cb05d389a4b.vc.shawcable.net) has joined #bitcoin-assets [05:58]
* da2ce792 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [06:00]
mircea_popescu http://www.zerohedge.com/news/2013-02-26/alternative-currency-goes-mainstream-bitcoin-atms-emerge [06:02]
mircea_popescu person actually thinks the 50 bux wordpress charged for a domain reg is why btc doubled. [06:03]
mircea_popescu "BitCoin, brought to you by the same power elite who own the money printing industry. [06:05]
mircea_popescu Can you PHYSICALLY HOLD BITCOINS IN YOUR HAND?" [06:05]
mircea_popescu pretty great collection of idiots. [06:05]
* da2ce792 has quit (Ping timeout: 246 seconds) [06:06]
assbot [MPEX] [S.MPOE] 7985 @ 0.00074743 = 5.9682 BTC [-] [06:13]
assbot [MPEX] [S.MPOE] 5000 @ 0.00074742 = 3.7371 BTC [-] [06:13]
assbot [MPEX] [S.MPOE] 4101 @ 0.00074741 = 3.0651 BTC [-] [06:13]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [06:16]
* aethero has quit (Read error: No route to host) [06:22]
kakobrekla ok [06:27]
kakobrekla so i bought btc with ripples [06:27]
kakobrekla on the market [06:27]
kakobrekla sent to stamp [06:27]
kakobrekla all the money is gone! [06:27]
kakobrekla lol [06:27]
kakobrekla ah [06:27]
kakobrekla now its here [06:27]
kakobrekla damn [06:27]
kakobrekla it accually works [06:28]
kakobrekla well got about 0.6 out of that [06:34]
kakobrekla so meh [06:34]
kakobrekla but it works. [06:34]
* Bugpowder (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets [06:36]
* TheSeven has quit (Read error: Operation timed out) [06:39]
* TheSeven (~quassel@rockbox/developer/TheSeven) has joined #bitcoin-assets [06:41]
* Chilca has quit (Remote host closed the connection) [06:43]
Namworld Ripple? I don't understand how it works, not really any instructions [06:43]
kakobrekla dunno its fucked [06:44]
kakobrekla i just clicked a lot of buttons [06:44]
kakobrekla did a few hax [06:44]
kakobrekla and btc poped out [06:44]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [06:44]
kakobrekla its not that i dont belive that the price of that shit will go up, just not as much as btc. [06:45]
* Bugpowder has quit (Remote host closed the connection) [06:46]
jcpham i just like saying ripple [07:01]
jcpham it creates buzz [07:01]
jcpham http://asportinginterest.blogspot.ca/2013/02/bitcoin-liquidity-revisited-save.html [07:11]
jcpham good read [07:11]
mircea_popescu "Recently I wrote about how the viability of bitcoin was limited by the risk of total, sudden liquidity collapse . The argument can be summarized as saying that without institutions whose business is transacted in it, bitcoin suffers from a bootstrapping problem whereby a crack in the crypto scheme would create an instant wave of counterfeit and debasement. Since there is no entity to restore trust in the currency with [07:15]
mircea_popescu a guarantee, e.g. no central bank or government to offer a sovereign guarantee, a crack would make bitcoin illiquid and worthless. " [07:15]
mircea_popescu that is the stupidest thing i read today [07:16]
mircea_popescu for srsly now. [07:16]
mircea_popescu first off, a crack would make bitcoin useless to begin with. [07:16]
mircea_popescu second off, it's not illiquid. [07:16]
mircea_popescu third off, what ?! [07:16]
mircea_popescu this person does not belong writing. [07:17]
maximian and the presence of a bitcoin casino doesn't make an abandoned/cracked bitcoin system viable again [07:17]
mircea_popescu right. [07:17]
mircea_popescu moreover, if god himself guaranteed a cracked currency [07:17]
mircea_popescu it'd still be worthless [07:17]
assbot [MPEX] [S.MPOE] 12543 @ 0.00074124 = 9.2974 BTC [-] [07:17]
* BTC4amazon-Away (47500bb8@gateway/web/freenode/ip.71.80.11.184) has joined #bitcoin-assets [07:19]
BTC4amazon-Away ;;seen evoorhees [07:20]
gribble evoorhees was last seen in #bitcoin-assets 2 weeks, 0 days, 6 hours, 46 minutes, and 14 seconds ago: perfect [07:20]
* Chilca has quit (Remote host closed the connection) [07:21]
jcpham you didn't like my link mircea_popescu [07:28]
jcpham dude i bring quality material [07:28]
mod6 (18:54) < kakobrekla> prolly the last ppl you want to mention btc to [07:32]
mod6 maybe so. but after talking to 'em and answering questions for 2 hours they're getting it. [07:33]
mod6 they love what MPEx is, and we talked about bitbet for a while and how that works... [07:33]
mod6 this is turning out pretty well. [07:34]
kakobrekla i was talking about dubs link [07:34]
kakobrekla nefario talking to us customs [07:34]
kakobrekla not about you mod6 [07:34]
* [\] has quit () [07:34]
mod6 oh sorry. [07:35]
wh1t3r4bb1t im setting up another bitcoin server and I can't find the default bitcoin.conf on debian squeeze [07:37]
wh1t3r4bb1t not the user dir but the default location when it installs [07:37]
* error4733 has quit (Quit: HydraIRC -> http://www.hydrairc.com <- o/) [07:37]
wh1t3r4bb1t anyone know where it is? [07:37]
mod6 its not ~/.bitcoin ? [07:37]
kakobrekla i think so too [07:38]
wh1t3r4bb1t nope not in ~ [07:38]
mod6 hmm [07:38]
mod6 just do like `find / -name "bitcoin.conf"` [07:38]
wh1t3r4bb1t im looking for the default file not the user file [07:38]
wh1t3r4bb1t thats odd [07:40]
wh1t3r4bb1t it's only finding this /usr/share/doc/bitcoind/examples/bitcoin.conf [07:40]
wh1t3r4bb1t it can't be using that right now [07:40]
wh1t3r4bb1t hmmm [07:41]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [07:44]
* Luceo_ has quit (Ping timeout: 276 seconds) [07:47]
Ukto wow. "[23:19] this person does not belong writing." [07:50]
Ukto never seen you get so annoyed that your english gets broken :P [07:50]
Ukto 'does not belong writing' is something I expect to read in a chinese manual. :P [07:51]
Namworld Hey Ukto. Left you PMs [07:54]
* Chilca has quit (Remote host closed the connection) [07:54]
* Luceo_ (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets [08:01]
* [\] (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets [08:19]
Diablo-D3 Ukto: he accidently a word [08:20]
mircea_popescu Ukto actually it's fine [08:27]
mircea_popescu jcpham in general you do but that one was for the birds [08:28]
mircea_popescu mod6 is the new bitcoin jesus [08:28]
* mobile314__ (473afedc@gateway/web/freenode/ip.71.58.254.220) has joined #bitcoin-assets [08:31]
* BingoBongo (60230280@gateway/web/freenode/ip.96.35.2.128) has joined #bitcoin-assets [08:46]
* mobile314__ has quit (Quit: Page closed) [08:48]
* Diablo-D3 has quit (Ping timeout: 252 seconds) [08:51]
* saulimus (~someone@a82-197-2-14.mpynet.fi) has joined #bitcoin-assets [09:10]
* Diablo-D3 (~diablo@pool-64-222-226-95.port.east.myfairpoint.net) has joined #bitcoin-assets [09:10]
dub wh1t3r4bb1t: there is no default bitcoin.conf [09:14]
dub if you create bintcoin.conf in the datadir it will use that by default [09:18]
dub bitcoin.conf too [09:18]
* zefir_ (~Zefir@80-219-174-232.dclient.hispeed.ch) has joined #bitcoin-assets [09:19]
Chaang-Noi what is this ? nefario talking to us customs [09:21]
Chaang-Noi when he tried to get into usa with no money from china? [09:21]
dub yeah [09:23]
Chaang-Noi thought it might have been recent, thanks [09:23]
BingoBongo ;; ticker [09:27]
gribble BTCUSD ticker | Best bid: 31.02002, Best ask: 31.18998, Bid-ask spread: 0.16996, Last trade: 31.18998, 24 hour volume: 40177.44122778, 24 hour low: 30.22822, 24 hour high: 31.69900, 24 hour vwap: 31.17512 [09:27]
BingoBongo Guess this is the normal lul before the usual Thursday fireworks [09:28]
assbot [BTCTC] [B.YABMC] 1 @ 0.00896 BTC [-] [09:33]
* Diablo-D3 has quit (Ping timeout: 248 seconds) [09:39]
Namworld Who wants to fill the rest of my BTC-BOND borrowing capacity? [09:40]
Chaang-Noi are you asking if we want to borrow btc? [09:41]
Namworld No, I'm borrowing [09:42]
* Now talking on #bitcoin-assets [15:34]
* Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://mpex.co || https://coinbr.com || https://www.havelockinvestments.com || https://btct.co || https://bitfunder.com || https://icbit.se || https://cryptostocks.com || https://therocktrading.com || http://picostocks.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || biased msg: http://bit4x.com [15:34]
* Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Thu Feb 14 01:53:47 2013 [15:34]
mircea_popescu ;;ticker [15:35]
gribble BTCUSD ticker | Best bid: 31.08945, Best ask: 31.12948, Bid-ask spread: 0.04003, Last trade: 31.08945, 24 hour volume: 33052.15782040, 24 hour low: 30.79010, 24 hour high: 31.69900, 24 hour vwap: 31.15151 [15:35]
mircea_popescu what, we crashed again ? [15:35]
Chaang-Noi crashed? [15:37]
Chaang-Noi i thought your english over all was pretty good [15:37]
* Bugpowder (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets [15:38]
* thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets [15:39]
wh1t3r4bb1t bitcoinuser@tyler /usr/bin$ bitcoind getbalance 1361970921224185 [15:40]
wh1t3r4bb1t 17349.26400326 [15:40]
mircea_popescu Chaang-Noi don't get cheeky. [15:41]
* saulimus has quit (Quit: saulimus) [15:45]
* Smoovious has quit (Ping timeout: 252 seconds) [15:46]
* Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets [15:47]
* darkmethod (~darkmetho@pool-98-118-134-95.bflony.fios.verizon.net) has joined #bitcoin-assets [15:47]
* jurov waits for when the word "epic" goes into use for 0.1 correction [15:50]
* Bugpowder has quit (Ping timeout: 248 seconds) [15:51]
mircea_popescu US unemployment merits third round of money printing, says Ben Bernanke [15:54]
jurov http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal lol i read first sentence and closed the tab [15:56]
jurov this rarely heppens, i'm fairly bullshit-tolerant [15:56]
mircea_popescu i thought i was very tolerant [15:56]
mircea_popescu i had a reputation for such tolerance [15:57]
mircea_popescu then bitcoin [15:57]
pigeons i read the url and didnt open it [15:58]
jurov plus, it's linked from reddit complete with GLBSE logo [16:00]
mircea_popescu lol reddit [16:00]
mircea_popescu i guess its still better than the comments section for that zerohedge piece i linked yest [16:00]
mircea_popescu Subject: Transaction is completed [16:04]
mircea_popescu X-PHP-Script: vbwojvaixfhhwpfvgbxgjgc.uncw.edu/sendmail.php for 194.78.197.113 [16:04]
mircea_popescu From: "Payment notification system" [16:04]
mircea_popescu uncw should get no grants in 2013 [16:04]
assbot [BTCTC] [S.MPOE-PT] 25 @ 0.00071 = 0.0178 BTC [+] [16:06]
assbot [BTCTC] [S.MPOE-PT] 9975 @ 0.0007 = 6.9825 BTC [-] [16:06]
pigeons where is that email form [16:11]
pigeons from [16:12]
mircea_popescu some spammer [16:12]
* LainZ (913e2081@gateway/web/freenode/ip.145.62.32.129) has joined #bitcoin-assets [16:25]
assbot [MPEX] [S.DICE] 1000 @ 0.00636999 = 6.37 BTC [+] [16:27]
assbot [MPEX] [S.DICE] 4000 @ 0.00637 = 25.48 BTC [+] [16:27]
assbot [HAVELOCK] [SDICE] 30 @ 0.66 = 19.8 BTC [-] [16:27]
assbot [HAVELOCK] [SDICE] 5 @ 0.65 = 3.25 BTC [-] [16:27]
assbot [HAVELOCK] [SDICE] 15 @ 0.65 = 9.75 BTC [-] [16:27]
topace mircea_popescu: any idea what "validity" values are, in reference to a gpg signature verification? when i use php's gnupg_verify() i get either validity=4 (for valid signature) or validity=0 (for invalid signature) [16:29]
topace i can't just assume that anything >0 is valid.... i need to be sure i know what it means [16:29]
mircea_popescu mmm [16:30]
* aethero (~sdfa324@unaffiliated/aethero) has joined #bitcoin-assets [16:30]
mircea_popescu iirc the way to use that function is set checksig to false and then see if it returns the fingerprint [16:30]
* gigavps (~me@rrcs-97-79-110-50.se.biz.rr.com) has joined #bitcoin-assets [16:31]
topace it returns an array: {"fingerprint":"8DDE8C2B4DE2278A95C3D65B9214FC6BF1B69921","validity":4,"timestamp":1361385050,"status":0,"summary":3} [16:32]
topace or if invalid: {"fingerprint":"9214FC6BF1B69921","validity":0,"timestamp":0,"status":117440520,"summary":4} [16:32]
topace so fingerprint is always returned, but its the key id instead of the fingerprint if the signature is invalid [16:32]
assbot [MPEX] [S.DICE] 2000 @ 0.00637989 = 12.7598 BTC [+] [16:37]
assbot [MPEX] [S.DICE] 3000 @ 0.0063799 = 19.1397 BTC [+] [16:37]
jurov looks like you'll have too use the sauce [16:37]
jurov where do the calues come from [16:38]
jurov *values [16:38]
mircea_popescu topace so then fingerprint is NOT always returned [16:39]
mircea_popescu as in keyid != fingerprint [16:39]
topace jurov: they come from the array that gnupg_verify() returns [16:39]
topace mircea_popescu: right, so, if strlen(fingerprint)>15 then its a valid signature? sounds sloppy [16:40]
mircea_popescu not at all [16:40]
* blu3gr1ffon (~blu3gr1ff@unaffiliated/blu3gr1ffon) has joined #bitcoin-assets [16:40]
mircea_popescu if returned_fingerprint == expected fingerprint then valid [16:40]
topace okay and you're 100% positive that is enough to confirm a signature validity? [16:43]
assbot [HAVELOCK] [SDICE] 1 @ 0.65 BTC [-] [16:44]
assbot [HAVELOCK] [SDICE] 8 @ 0.643 = 5.144 BTC [-] [16:44]
assbot [HAVELOCK] [SDICE] 20 @ 0.6420001 = 12.84 BTC [-] [16:44]
assbot [HAVELOCK] [SDICE] 13 @ 0.642 = 8.346 BTC [-] [16:44]
assbot [HAVELOCK] [SDICE] 3 @ 0.641 = 1.923 BTC [-] [16:45]
assbot [HAVELOCK] [SDICE] 4 @ 0.633 = 2.532 BTC [-] [16:45]
assbot [HAVELOCK] [SDICE] 1 @ 0.632 BTC [-] [16:45]
* Transisto has quit (Ping timeout: 255 seconds) [16:48]
* Transisto (~TransistO@bas2-quebec03-1176411380.dsl.bell.ca) has joined #bitcoin-assets [16:50]
* Bugpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets [16:54]
kakobrekla . [16:55]
* robocoin has quit (Remote host closed the connection) [16:56]
* thepok has quit (Ping timeout: 255 seconds) [16:56]
* deadweasel (c7789896@gateway/web/freenode/ip.199.120.152.150) has joined #bitcoin-assets [16:59]
* deadweasel has quit (Client Quit) [17:00]
mircea_popescu topace nope. i've never used the php library [17:04]
mircea_popescu and since we're on the topic, i dunno how well it was tested, if you use it you'd prolly be well advised to protect it from buffer overflows etc [17:04]
mircea_popescu (limit the size message that goes in for instance) [17:05]
topace hmm k. yea, im already doing some basic sanity checks before the call [17:05]
mircea_popescu i'd guess whoever implemented it did it more for show than for banking. [17:05]
kakobrekla mpoe weekly [17:09]
kakobrekla http://shrani.si/f/3f/wy/e602XO/mpoe.jpg [17:09]
kakobrekla http://shrani.si/f/2Y/Wf/3qSHcn8W/bitbet.jpg [17:11]
kakobrekla bitbet daily [17:11]
kakobrekla bullish ;>> [17:11]
assbot [MPEX] [O.BTCUSD.C330T] 2 @ 0.13944319 = 0.2789 BTC [-] [17:13]
mircea_popescu ponzi! [17:13]
* error4733 (~userirc@ip-80-236-227-166.dsl.scarlet.be) has joined #bitcoin-assets [17:14]
Bugpowder x diff gap narrowing [17:14]
* chmod755 (~chmod755@unaffiliated/chmod755) has joined #bitcoin-assets [17:15]
mircea_popescu what they got now, two weeks or so ? [17:16]
Bugpowder 22 days [17:16]
mircea_popescu 3 ya k [17:18]
mircea_popescu i think what happens is that 1 month = furthest future point in bitcoin [17:18]
assbot [MPEX] [S.DICE] 50 @ 0.0063799 = 0.319 BTC [+] [17:19]
mircea_popescu nobody plans further than hm [17:19]
mircea_popescu whoa. [17:19]
mircea_popescu do you suppose we can say that since everyone involved lives paycheck to paycheck [17:19]
mircea_popescu that's the furthest they can think ahead ? [17:19]
Bugpowder you can't argue that and also argue that the rise is not driven by the reddit/coinbase crowd [17:20]
kakobrekla paycheck, what is dat? [17:20]
Bugpowder ;;asks 32 [17:20]
gribble There are currently 22183.421 bitcoins offered at or under 32.0 USD, worth 705987.683892 USD in total. [17:20]
Bugpowder jezzzus [17:20]
mircea_popescu Bugpowder unfortunately. [17:21]
mircea_popescu course possibly a workable model would show people buying that know business, people with large stashes that just happened by at the right time [17:21]
mircea_popescu after all, any tech liquidity event is geeks selling out to business people. [17:22]
* saulimus (~someone@37-136-66-115.nat.bb.dnainternet.fi) has joined #bitcoin-assets [17:22]
* Bowjob has quit (Ping timeout: 245 seconds) [17:23]
Bugpowder Any thoughts on the coinlab story? It's not clear from the wording that they actually ARE buying / HAVE BOUGHT mtgox's US book or they are just TRYING to buy the book and have achieved absolutely nothing. [17:23]
mircea_popescu Bugpowder the later. [17:24]
mircea_popescu not only is mtgox not selling, but who is coinbase again ? [17:24]
Bugpowder coinlab [17:24]
gigavps Bugpowder they are going to be mtgox's us broker essentially [17:24]
Bugpowder Are they? Or are they just leaking some hype to a reporter with no actual deal [17:25]
mircea_popescu Bugpowder my point is more alongthe lines, there's about five or six of other corps doing what they do. [17:25]
gigavps they are "pivoting" [17:25]
mircea_popescu the fact that unlike the competition they have a burn rate is NOT an advantage. [17:25]
gigavps guess they found out that HPC work with integer maffs isn't profitable [17:26]
Bugpowder " The goal is to move customers’ money from overseas to Silicon Valley Bank by March 22nd." Like by starting a new way to deposit and stealing the future international wire action, or actually pulling all the existing deposits from Japan/HK to a US bank. Anyone have an interview transcript? [17:27]
mircea_popescu Bugpowder you ever heard of something like this released other than as a joint item ? [17:28]
Bugpowder nope [17:28]
mircea_popescu mtgox is silent. nothing happened. [17:28]
Bugpowder "goal" [17:28]
mircea_popescu other than remarkably incompetent trade mag and remarkably incompetent coinlab pr person. [17:28]
Bugpowder "has worked for a year to sign an exclusive long term deal" [17:28]
mircea_popescu i've been working for twelve years to fuck tea leoni. [17:29]
* gesell (~user@pD4B88039.dip.t-dialin.net) has joined #bitcoin-assets [17:30]
* gesell (~user@pD4B88039.dip.t-dialin.net) has left #bitcoin-assets [17:30]
Bugpowder heh [17:30]
Bugpowder you may have enough bitcoins to make it happen [17:30]
mircea_popescu i prefer working at it by now. [17:30]
mircea_popescu anyway, the way i read it a deal is not even close. [17:32]
Bugpowder I concur [17:33]
mircea_popescu if it were you wouldn't be pissing the op off with statements of the kind [17:33]
mircea_popescu prolly what happened is they finally got told to take a hike, and are trying to extrac whatever from it [17:33]
Bugpowder looks like VC-style hype trying to create an illusion of success, hopefully leading to actual success. [17:34]
mircea_popescu but on the negative side, if coinbase tech competence is anything like their pr ability, [17:34]
mircea_popescu they'll be the next large hack [17:34]
mircea_popescu at any rate they're running out of money this year, so... meh. [17:35]
Bugpowder coinbase ~= coinlab [17:40]
Bugpowder does not inspire confidence http://blogs-images.forbes.com/jonmatonis/files/2012/10/coinlab-founders.jpg [17:41]
mircea_popescu not young enough ? [17:42]
Bugpowder They look dumb in the face [17:42]
mircea_popescu not jewish enough ? [17:42]
ThickAsThieves too "where's my mai tai" looking [17:43]
mircea_popescu anyway, my boeuf bourguignon smells done. back later! [17:44]
ThickAsThieves ;;estimate [17:44]
gribble Next difficulty estimate | 4406669.35421 based on data since last change | 4323557.47279 based on data for last three days [17:44]
Bugpowder Also this story mentions several possible business plans, none of which are related to the current story http://www.forbes.com/sites/jonmatonis/2012/04/24/coinlab-attracts-500000-in-venture-capital-for-bitcoin-projects/ [17:45]
Bugpowder So that shows they have some money but no focus. They are likely a zero. [17:45]
Bugpowder Never match your hat pattern to your shirt pattern [17:46]
ThickAsThieves "All your gamers are gold" ?? [17:47]
* davout has quit (Remote host closed the connection) [17:48]
assbot [BTCTC] [BTC-BOND] 3 @ 0.01 = 0.03 BTC [+] [17:51]
* saulimus has quit (Quit: saulimus) [17:54]
* jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets [17:57]
* gesell (~user@pD4B88039.dip.t-dialin.net) has joined #bitcoin-assets [18:02]
* gesell (~user@pD4B88039.dip.t-dialin.net) has left #bitcoin-assets [18:02]
assbot [HAVELOCK] [SDICE] 2 @ 0.684 = 1.368 BTC [+] [18:02]
* da2ce7_d (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [18:04]
* thepok (~thepok@pD9E2D0E6.dip.t-dialin.net) has joined #bitcoin-assets [18:05]
* da2ce7 has quit (Ping timeout: 256 seconds) [18:06]
* leotreasure has quit (Ping timeout: 260 seconds) [18:11]
* leotreasure (~leotreasu@110-174-7-79.tpgi.com.au) has joined #bitcoin-assets [18:12]
* terryww has quit (Ping timeout: 248 seconds) [18:14]
* topace has quit (Read error: Connection reset by peer) [18:15]
kakobrekla ;;bc,stats [18:15]
gribble Current Blocks: 223435 | Current Difficulty: 3651011.630693214 | Next Difficulty At Block: 223775 | Next Difficulty In: 340 blocks | Next Difficulty In About: 1 day, 15 hours, 36 minutes, and 41 seconds | Next Difficulty Estimate: 4409373.22265 | Estimated Percent Change: 20.77127 [18:15]
kakobrekla aha now we are getting somewhere [18:15]
* topace (~kvirc@ottawa-hs-69-20-234-37.s-ip.magma.ca) has joined #bitcoin-assets [18:17]
* topace is now known as Guest77836 [18:17]
* Guest77836 has quit (Changing host) [18:17]
* Guest77836 (~kvirc@unaffiliated/topace) has joined #bitcoin-assets [18:17]
* Guest77836 is now known as topace__ [18:17]
wh1t3r4bb1t Yup [18:18]
pigeons i declare today ridiculous idea link day in honor of coinlab [18:29]
pigeons http://www.theverge.com/2013/2/26/4031938/new-crowdfunding-platforms-let-you-sell-stock-in-yourself [18:29]
* Diablo-D3 has quit (Quit: do coders dream of sheep()?) [18:35]
* Diablo-D3 (~diablo@pool-64-222-226-95.port.east.myfairpoint.net) has joined #bitcoin-assets [18:35]
* davout (~davout@unaffiliated/davout) has joined #bitcoin-assets [18:37]
mod6 yeah, so that ended up going pretty well lastnight. [18:58]
mod6 very lengthy and lively discussion on all things money/econ/bitcoin [19:01]
mod6 cool beans [19:01]
ThickAsThieves so are they all converted? [19:02]
mod6 haha. not exactly. but at first the guys who are long paper had some FEAR that they're paper is going to 0. and rightly so.... [19:03]
mod6 but after talking about this for like 3 or 4 hours... they started to understand btc a bit more and what its important [19:03]
mod6 haha, the discussion was HEATED at first... "WHAT IS IT BACKED BY???!!!11" that kinda thing. [19:04]
mod6 there was even talk about the Trillion Dollar Coin for like 20 minutes lol [19:04]
mod6 my whole thing is, "if you think that platnium is $1tn because they need it to hypothicate some new money, what does that say about the price of gold, silver or bitcoin?" [19:05]
mod6 *STARE INTO SPACE* [19:05]
mod6 then they start to see.... [19:06]
mod6 one dude outright called me "Crazy" and "a crackhead" lol [19:06]
kakobrekla Jay Walker, a forex prop trader, said he’d jump to any forex broker deal that would allow him to do currency pair trades and get paid out in bitcoins. This is something the Bitcoin exchanges could do by signing deals with forex broker deals – assuming they get through each country’s regulatory process. [19:07]
kakobrekla lulz [19:07]
mod6 get him on bit4x kakobrekla [19:08]
mod6 one of the dudes over there has been blowing me up for a few weeks about these avalons.. he wants to buy a few to start to do some mining.. and that turned into a lengthy discussion. [19:09]
mod6 but he said he's gonna contact them etc to see what he can find out lol [19:09]
mod6 i explained the BFL and avalon stuff to them. I think they're pretty sweet on mining. But the online-poker site is something they'd like to see get built. they own a full legal casino here, so I'm trying to get them to see how this would be awesome for gaming, mainly. [19:12]
mod6 I think they'd be better off funding some iPad-bitcoin-slotmachines [19:15]
mod6 right now when you go into the casino, you can put cash onto your players card -- and when you walk up to a machine you just put your card in. [19:16]
mod6 they're getting less and less business from what I understand,.. the money is drying up quite a bit so gaming has been light [19:17]
* LainZ_ (913e2081@gateway/web/freenode/ip.145.62.32.129) has joined #bitcoin-assets [19:18]
mod6 im sure if they could get something like that going so that people could play their slots from their couch as opposed to driving 40 miles to the casino they'd be happy. [19:18]
* LainZ_ has quit (Client Quit) [19:19]
* LainZ has quit (Ping timeout: 245 seconds) [19:19]
assbot [MPEX] [S.DICE] 830 @ 0.0063799 = 5.2953 BTC [+] [19:23]
thestringpuller ;;ticker [19:24]
gribble BTCUSD ticker | Best bid: 31.29001, Best ask: 31.38899, Bid-ask spread: 0.09898, Last trade: 31.38751, 24 hour volume: 29714.39995236, 24 hour low: 30.79010, 24 hour high: 31.39000, 24 hour vwap: 31.12173 [19:24]
thestringpuller more money is about to go into the economy heh [19:24]
mod6 I brought 3 .1 BTC paper wallets with me to pass around, so that gave them something to hold and concider while the discussion was going on... after I left I wanted to kick myself. [19:25]
mod6 I should have just started a live auction for 'em. Maybe next time. [19:25]
* Bicknellski (7689870d@gateway/web/freenode/ip.118.137.135.13) has joined #bitcoin-assets [19:25]
mod6 This is a good thing though, because if these guys get wholly onboard, bye-bye fake-economy job, hello bitcoin land! [19:26]
Chaang-Noi ;;ticker [19:28]
gribble BTCUSD ticker | Best bid: 31.30000, Best ask: 31.38999, Bid-ask spread: 0.08999, Last trade: 31.38999, 24 hour volume: 28119.55661008, 24 hour low: 30.79010, 24 hour high: 31.40000, 24 hour vwap: 31.12346 [19:28]
Chaang-Noi ;;slap chaang-noi [19:29]
* gribble slaps chaang-noi with a stout war cry [19:29]
Chaang-Noi just what i needed to wake up, thanks gribble [19:29]
chmod755 ;;slap Chaang-Noi [19:29]
* gribble slaps Chaang-Noi with a steaming up the dead [19:29]
Chaang-Noi :) [19:29]
Bicknellski ;;slap Bicknellski [19:36]
* gribble slaps Bicknellski with a burly dead man [19:36]
Bicknellski glad he was burly [19:36]
assbot [BTCTC] [MININGCO.ETF] 1 @ 0.57 BTC [-] [19:39]
mircea_popescu mod6 maybe you should start a blog [19:40]
kakobrekla hm [19:41]
kakobrekla would someone be writing for bitcoin-assets.com ? [19:41]
kakobrekla or its gonna be preetymuch static. [19:41]
chmod755 ;;t [19:44]
gribble New crowdfunding platforms let you sell stock in yourself | The Verge [19:44]
chmod755 O.o [19:44]
chmod755 ;;web fetch http://bitcoin-assets.com [19:44]
gribble Error: I tried to send you an empty message. [19:44]
chmod755 :o [19:44]
kakobrekla is not public yet [19:45]
* awkorama (~awk@dial-95-105-156-78-orange.orange.sk) has joined #bitcoin-assets [19:47]
* awkorama has quit (Read error: Connection reset by peer) [19:47]
* awkorama1 (~awk@dial-95-105-156-78-orange.orange.sk) has joined #bitcoin-assets [19:47]
thestringpuller mircea_popescu: wall street deal eminent [19:48]
* Eduard_Munteanu (~Eduard_Mu@188.25.7.170) has joined #bitcoin-assets [19:49]
chmod755 thestringpuller, wall street deal?.... [19:49]
Bugpowder vaporware [19:50]
chmod755 i'm waiting for mark to say something on the subject before commenting [19:50]
Bugpowder Bitcoin-assets consensus take : http://www.reddit.com/r/Bitcoin/comments/19boiu/coinlab_bringing_bitcoin_to_wall_street_with/c8mmwbl [19:51]
thestringpuller lol [19:51]
chmod755 bitcoin is on wall street.... *occupy* wall street.... [19:51]
chmod755 lol [19:52]
ThickAsThieves ;;ticker [19:52]
gribble BTCUSD ticker | Best bid: 31.31365, Best ask: 31.41000, Bid-ask spread: 0.09635, Last trade: 31.42000, 24 hour volume: 28018.45963541, 24 hour low: 30.79010, 24 hour high: 31.42000, 24 hour vwap: 31.12569 [19:52]
chmod755 >$40MM << what is $xMM? [19:53]
chmod755 :p [19:53]
* Bicknellski has quit (Quit: Page closed) [19:53]
chmod755 mt.gox is still tiny [19:54]
thestringpuller the price will close at 42 this month [19:54]
thestringpuller jldklfjs [19:54]
chmod755 ;;eightball will the price close at 42 this month? [19:54]
gribble You know the answer better than I. [19:54]
chmod755 ikr^ [19:55]
chmod755 ^_^ [19:55]
Bugpowder MM is standard for million [19:56]
chmod755 Bugpowder, oic, i thought it's just 40m [19:56]
Bugpowder which of you assholes has been downvoting my comment. [19:56]
* chmod755 downvotes 'cause you called everyone here asshole^ [19:57]
chmod755 :p [19:57]
jcpham if coinlab doesn't roll out a hpc client, they fail [19:57]
jcpham their pool hashrate is nil [19:57]
chmod755 lmao 4 downvotes [19:57]
Bugpowder I only really see MM used as an abbrev for millions in a finance context. [19:57]
jcpham "I suspect that coinlab has burnt thru most of their funding without having launched any products, and are now desperately trying to get some press for another funding round before they go under." [19:58]
jcpham IN 2011, miners raped coinlab for 95% [19:58]
jcpham when the block reward halved, we gamed their PPS until it was unprofitable [19:58]
kakobrekla its 2013 now [19:58]
Bugpowder ohhhh [19:58]
kakobrekla wasnt that 2012 [19:58]
jcpham now it's no longer even profitable to mine there [19:58]
jcpham even with their bonus PPS [19:58]
dub I like how the glbse logo [19:59]
Bugpowder that would be a great nugget for the reddit discorse. [19:59]
jcpham you lose money mining and their pool hashrate is literally nothing [19:59]
jcpham they need to release a client that allows gpou miners to get paid [19:59]
jcpham otherwise they are dead [19:59]
* sgornick (~steve@unaffiliated/sgornick) has joined #bitcoin-assets [20:00]
jcpham 2012 kakobrekla [20:00]
jcpham u so right [20:00]
kakobrekla hey i know my years. [20:00]
kakobrekla years [20:00]
jcpham that's the year the mayans came [20:00]
jcpham i'll never forget [20:00]
kakobrekla you mean went? [20:00]
chmod755 jcpham, yeah, but nobody realized that we all died and the world ended [20:01]
jcpham satoshi knows [20:01]
mod6 (09:41) < mircea_popescu> mod6 maybe you should start a blog << maybe i do need a new venue for this kinda thing [20:02]
jcpham i plan to blog the things one day [20:02]
mod6 I'm not much of a writer though. [20:03]
jcpham i do not, however, intend to charge people "credits" to simply read my words [20:03]
* davout has quit (Remote host closed the connection) [20:04]
* Mandrius has quit (Quit: KVIrc 4.0.4 Insomnia http://www.kvirc.net/) [20:13]
dub blog at me bro [20:14]
Bugpowder only thing worse than a blogger is someone planning on blogging [20:15]
dub jcpham: do you even blog? [20:15]
mod6 YOU'RE NOT A WRITER, YOU'RE A KILLER! [20:16]
jcpham not really [20:16]
jcpham jcph.am is a wordpress blog though [20:17]
mod6 you ever see Full Metal Jacket? [20:17]
mod6 good show [20:17]
mircea_popescu no srsly, MM is NOT standard for mn. [20:20]
kakobrekla but we write MIRRION DORRA [20:21]
* copumpkin has quit (Ping timeout: 252 seconds) [20:21]
mircea_popescu jcpham actually bitcoin magazine is quickly becoming a sort of elephant cemetery [20:21]
dub I blogged once [20:21]
mircea_popescu where hype things go to die. [20:21]
dub I was blogging on geocities when you where crapping in your hands and rubbing it in your face [20:22]
* copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets [20:22]
mircea_popescu that's unlikely dubsy. [20:22]
dub dude best gary busey line in a movie ever [20:23]
mircea_popescu fuck me it's busey. That's unlikely dubsey* [20:23]
Bugpowder It's not SI, but it is common use in finance. [20:23]
Bugpowder ;;asks 32 [20:24]
gribble There are currently 19178.646 bitcoins offered at or under 32.0 USD, worth 611487.663102 USD in total. [20:24]
Bugpowder shrinkage [20:24]
kakobrekla http://3.bp.blogspot.com/_709-UY_kyd8/SXk9LNp3hZI/AAAAAAAAACc/IvRE5GG9q1g/s400/you-want-mirron-dollar.jpg [20:24]
error4733 ;;asks 31.97 [20:24]
gribble There are currently 15678.665 bitcoins offered at or under 31.97 USD, worth 499487.858446 USD in total. [20:24]
jcpham dub: http://jcph.am/2013/02/27/do-i-blog/ [20:24]
dub ;;t [20:24]
gribble do i blog? | jcph.am [20:24]
mod6 lol geocities [20:26]
dub https://www.youtube.com/watch?v=YS_6mR82eQk 0:45 [20:27]
mod6 point break is pretty awesome [20:27]
Bugpowder jcpham: you like MiHKAL's latest mix? https://soundcloud.com/mihkal/th-d-ip [20:28]
jcpham Bugpowder listening now [20:29]
jcpham unfamiliar [20:29]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+] [20:30]
jcpham i recognize some of the mixes in this set though [20:30]
Bugpowder I love his older mixes. [20:30]
jcpham looks like me [20:30]
jcpham looks like something i'd rock out to [20:30]
Bugpowder He was more purple music, westcoast midtempo shit with some rapping remix stuff, which sorta presages the latest trap trend really well. [20:31]
assbot [BTCTC] [BTC-BOND] 4 @ 0.01 = 0.04 BTC [+] [20:31]
assbot [BTCTC] [GSDPT] 1 @ 0.00629 BTC [-] [20:35]
mod6 4 [20:39]
mod6 oh shit. random acts of cat. [20:39]
dub I'll say it again, fuck. trap. [20:40]
dub I take better sounding shits [20:41]
mod6 o.0 [20:41]
* blu3gr1ffon has quit (Quit: leaving) [20:44]
Eduard_Munteanu Any idea when asicminer is going to get listed? [20:49]
* topace__ has quit (Read error: Connection reset by peer) [20:50]
* topace (~kvirc@unaffiliated/topace) has joined #bitcoin-assets [20:51]
* terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets [20:55]
* davout (~davout@unaffiliated/davout) has joined #bitcoin-assets [20:57]
ThickAsThieves dunno for sure yet Ed, they give status updates on Thursday, I know they intend to put their own exchange up before dividends are due, [20:58]
ThickAsThieves but who knows [20:58]
* davout has quit (Remote host closed the connection) [21:01]
thestringpuller ;;bids 30 [21:06]
gribble There are currently 10156.462 bitcoins demanded at or over 30.0 USD, worth 311026.132877 USD in total. [21:06]
* Anduck (~Anduck@193-64-23-170-nat.elisa-mobile.fi) has joined #bitcoin-assets [21:09]
* Anduck has quit (Changing host) [21:09]
* Anduck (~Anduck@unaffiliated/anduck) has joined #bitcoin-assets [21:09]
* toffoo (~tof@177.192.120.90) has joined #bitcoin-assets [21:16]
Bugpowder asks are melting [21:18]
Bugpowder 6,000 BTC of asks below 32 disappered in the last 2 hours [21:18]
* Carptentito (~Carptenti@unaffiliated/blu3gr1ffon) has joined #bitcoin-assets [21:20]
* Carptentito has quit (Client Quit) [21:22]
* blu3gr1ffon (~gr1ffon@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets [21:23]
* blu3gr1ffon has quit (Changing host) [21:23]
* blu3gr1ffon (~gr1ffon@unaffiliated/blu3gr1ffon) has joined #bitcoin-assets [21:23]
error4733 ;;asks 31.97 [21:28]
gribble There are currently 13148.162 bitcoins offered at or under 31.97 USD, worth 418585.522518 USD in total. [21:28]
dub we goin downtown bitch [21:34]
dub on the station that plays only platinum hits, if you lickin nuts, double you balls [21:34]
* Schadenfreude has quit (Ping timeout: 248 seconds) [21:41]
aethero ~1.25 left until next ZIGGAP release on BitFunder [21:43]
error4733 https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=588&gal=gallery&type=full [21:45]
error4733 BFL are real ! [21:45]
error4733 next year ! [21:46]
jcpham looks like more unfinished work to me [21:46]
jcpham another picture of work that remains to be done [21:46]
Bugpowder many things can go wrong in the bumping process. [21:46]
error4733 cant belive they're happy to show a pictures after 9 month [21:46]
Bugpowder It took our project 9 months and a change of vendors to get our chips properly bumped. [21:47]
error4733 +10 bug [21:47]
error4733 wich one ? [21:47]
Bugpowder It was probably a more complex issue [21:47]
Bugpowder custom silicon probes for chronic in vivo neural recording [21:47]
kakobrekla http://bitbet.us/bitbet_new_asic_pwns_bfl.jpg [21:48]
Bugpowder like its a more 'custom' thing [21:48]
kakobrekla me too! [21:48]
Bugpowder but it still was SUPPOSED to be easy [21:48]
Bugpowder the bumping part that is [21:48]
Bugpowder and the vendor blew it [21:48]
* BTC4amazon-Away is now known as BTC4amazon [21:49]
error4733 realy curious about all this ! diff, rally if they ship, avalon, etc [21:50]
error4733 full of dramaqueen [21:51]
dub forum ad: Advertisement: I HATE TABLES I HATE TABLES I HA(.°.°... ... TABLES I HATE TABLES I HATE TABLES [21:51]
dub how much did they pay for that? [21:51]
kakobrekla now its also irc ad. [21:51]
dub and its not a link in either! [21:52]
jurov *sigh* just came home... was blocking the elevator 10 minutes [21:53]
* gigavps has quit () [21:53]
jcpham asicminer was close to 5TH/s last time i looked [21:53]
jurov cuz neighbor convincing me the banks want to crash all existing currencies to create a unified world currency [21:53]
jurov in 10 years. and i couldn't explain to him they will get obsolete by that time [21:54]
jcpham i think the united states is the only country interested in unifying the world [21:56]
jcpham currency/government/law/whatever [21:56]
chmod755 wat? [21:56]
jcpham illuminati->united states-> united nations-> galactic alliance [21:56]
jcpham i think i've made my point [21:56]
chmod755 ..... [21:57]
jcpham i am atlas [21:57]
error4733 ;;asks 31.68 [21:57]
gribble There are currently 145.92166 bitcoins offered at or under 31.68 USD, worth 4610.13055542 USD in total. [21:57]
chmod755 ;;asks 9000 [21:58]
gribble There are currently 79821.88 bitcoins offered at or under 9000.0 USD, worth 7849274.53213 USD in total. [21:58]
jurov lol they end up being bought by romania.. with mircea as president [21:58]
* Bugpowder has quit (Quit: Page closed) [21:58]
jurov bugpowder ragequit? [21:58]
darkmethod ;;asks 1000 [22:02]
gribble There are currently 79422.474 bitcoins offered at or under 1000.0 USD, worth 5916315.03342 USD in total. [22:02]
* Descry (~Descry@smart.twinriver.esu7.org) has joined #bitcoin-assets [22:11]
* Descry has quit (Quit: Leaving) [22:18]
* wh1t3r4bb1t has quit (Read error: Connection reset by peer) [22:21]
ThickAsThieves http://www.bizjournals.com/seattle/blog/techflash/2013/02/coinstar-adding-paypal-features-to.html?ana=RSS [22:38]
kakobrekla who runs bitcoin.it wiki [22:49]
* BTCTrader2 has quit (Quit: BTCTrader2) [22:51]
* BTCTrader2 (~BTCTrader@netblock-208-127-246-121.dslextreme.com) has joined #bitcoin-assets [22:53]
* beetlebee has quit (Ping timeout: 245 seconds) [22:54]
jurov what do you think about bet: CoinLab will close or cease bitcoin payments by June ? [22:55]
jurov just putting it together [22:55]
mircea_popescu jurov make a deadpool [22:56]
mircea_popescu i think there should be deadpool style betting [22:56]
jurov how to apply it to coinlab? [22:57]
mircea_popescu DEADPOOL : Coinlab dead by the end of the year. [22:58]
mircea_popescu something [22:58]
mircea_popescu (they won't die by june, as their burn rate isn't quite enough) [22:58]
kakobrekla Deadpool (Wade Winston Wilson) is a fictional character, a mercenary and anti-hero appearing in comic books published by Marvel Comics. Created by artist Rob Liefeld and writer Fabian Nicieza, Deadpool first appeared in The New Mutants #98 (Feb. 1991). [23:00]
kakobrekla hm? [23:00]
kakobrekla Deadpool now kills btc mining pools? [23:01]
kakobrekla https://www.bitmit.net/en/item/8742-1-gram-silver-trading-card [23:05]
kakobrekla wtf [23:05]
mod6 hmm, some sort of app promo thingy. [23:07]
mod6 has anyone ever gotten good delivery from bitmit? [23:07]
mod6 i haven't used it yet. [23:07]
jurov bet posted, has "nefario clause" too lol [23:07]
jurov for review [23:07]
* BTCHero has quit (Ping timeout: 252 seconds) [23:08]
error4733 some issue about the owner [23:09]
error4733 if you dont know where you send money for escrow, better to play at satoshi dice [23:10]
error4733 so i wait until, they refund all account etc... before risk myself in it [23:11]
error4733 shame bc a ebay like with good trust have a HUUUUUUUUUUUGGeeeeeeee potential [23:11]
assbot [BTCTC] [B.YABMC] 1 @ 0.00889 BTC [-] [23:11]
Ukto [14:53] what do you think about bet: CoinLab will close or cease bitcoin payments by June ? <-- Did I miss something? [23:12]
jurov they basically don't know what they're doing.. and apparently they cancel orders anytime when mtgox goes up [23:13]
Ukto 0,o [23:13]
jurov quite a mess... so decided bet may be in good order [23:13]
Ukto I was actually talking to an old friend of mine that uses them on an extremely large website [23:14]
Ukto whos considering moving over to weex as soon as I make it ready [23:14]
Ukto only 364k shares left. https://bitfunder.com/asset/ZigGap [23:15]
jurov oh they're selling at same price as in sunday? [23:22]
* mjr_ has quit (Ping timeout: 245 seconds) [23:22]
Ukto nah, 2x more [23:23]
Ukto was 0.00005 now its 0.0001 [23:23]
assbot [MPEX] [O.BTCUSD.C370N] 2 @ 0.15307998 = 0.3062 BTC [23:26]
* darkmethod has quit (Quit: Leaving...) [23:26]
* LainZ (~LainZ@nan92-8-88-178-252-103.fbx.proxad.net) has joined #bitcoin-assets [23:28]
assbot [MPEX] [S.DICE] 51 @ 0.0063799 = 0.3254 BTC [+] [23:28]
* Schadenfreude (~m@178.115.251.95.wireless.dyn.drei.com) has joined #bitcoin-assets [23:30]
jurov thought live.coinbr seized again... but there just wasn't any trade [23:31]
jurov anyone has a clue why? [23:31]
pigeons omg ICE seized coinbr.com? ;) [23:32]
jurov there was almost no mpex trade overall, not just coinbr... so it was prolly seized, too :D [23:33]
* Smoovious has quit (Ping timeout: 256 seconds) [23:37]
* Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets [23:38]
pigeons yeah mpex volume sure has been low [23:49]
* Bugpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets [23:50]
ThickAsThieves SDICE divs are coming up, one whale bought all the MPOE, and BBET has no divs [23:51]
ThickAsThieves guessing [23:51]
kakobrekla this one is going nicley too [23:53]
kakobrekla http://bitbet.us/bet/265/bfl-will-deliver-asic-devices-before-april-1st/ [23:53]
kakobrekla 1:5 , but a small sample [23:53]
kakobrekla if this goes on theyll get their own category [23:54]
Bugpowder well [23:57]
Bugpowder looking more legit [23:57]
* Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets [23:57]
Bugpowder http://coinlab.com/new-transition [23:59]
Bugpowder http://www.reddit.com/r/Bitcoin/comments/19boiu/coinlab_bringing_bitcoin_to_wall_street_with/c8mtykq [23:59]
Category: Logs
Comments feed : RSS 2.0. Leave your own comment below, or send a trackback.
Add your cents! »
    If this is your first comment, it will wait to be approved. This usually takes a few hours. Subsequent comments are not delayed.