Forum logs for 30 Apr 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
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assbot [MPEX] [S.MPOE] 15050 @ 0.000725 = 10.9113 BTC [-] [00:02]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.302 BTC [-] [00:02]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.302 BTC [-] [00:02]
assbot [BTCTC] [ASICMINER-PT] 17 @ 1.305 = 22.185 BTC [+] [00:03]
rikur http://bitbet.us/bet/337/bfl-will-deliver-asic-devices-before-may-1st/ should be resolved as first miners have already been delivered and they are within +-10% of advertised specs (5.5 GH/s (+- 10% running variance)) [00:04]
ThickAsThieves if so, then the July one is also resolved [00:06]
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assbot [BTCTC] [S.DICE-PT] 98 @ 0.00338 = 0.3312 BTC [-] [00:13]
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rikur ThickAsThieves: agreed [00:19]
rikur both should be resolved [00:19]
rikur I only have a small vote on the May one :) [00:20]
rikur very risky bet, but seems like it paid off [00:20]
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ThickAsThieves it will be debated surely [00:23]
ThickAsThieves not sure which side I would lean toward [00:24]
ThickAsThieves they do appear to have shipped more than just testing units [00:24]
ThickAsThieves they use more power than originally anticipated [00:24]
ThickAsThieves but the bet says "advertised specs" [00:24]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.3045 = 13.045 BTC [-] [00:24]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.3049 BTC [+] [00:25]
mircea_popescu you know in retrospect... that aethero post [00:25]
assbot [BTCTC] [ASICMINER-PT] 9 @ 1.305 = 11.745 BTC [+] [00:25]
ThickAsThieves and does not limit when those specs can be advertised [00:25]
mircea_popescu i'm not even sure what's the take away. the dazzling display of paranoia [00:25]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.3075 BTC [+] [00:25]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.3099 = 2.6198 BTC [+] [00:25]
ThickAsThieves it was probly just a diversion [00:25]
deadweasel it's really thick on that post. somebody is using too many drugs. [00:25]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.30997 = 13.0997 BTC [+] [00:25]
mircea_popescu or the fact that bitcoin "businesses" and "infrastructure" are so shitty someone could end up with the impression he's being targetted [00:25]
mircea_popescu whereas they just naturally fail to work [00:25]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.30998 = 13.0998 BTC [+] [00:25]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.312499 = 3.9375 BTC [+] [00:25]
assbot [BTCTC] [ASICMINER-PT] 30 @ 1.3199 = 39.597 BTC [+] [00:25]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.32 = 3.96 BTC [+] [00:25]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.32 BTC [+] [00:26]
deadweasel an unhealthy dose of paranoia and a shitty infrastructure = ranting and raving. [00:26]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.32475 BTC [+] [00:26]
assbot [BTCTC] [GSDPT] 36 @ 0.00328 = 0.1181 BTC [+] [00:28]
savetheinternet hey dumbasses [00:28]
savetheinternet how are you all doing tonight [00:29]
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jurov fine till you arrived [00:29]
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assbot [BTCTC] [COGNITIVE] 2 @ 0.199 = 0.398 BTC [-] [00:30]
ThickAsThieves it's "Dumas" [00:34]
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dub mircea_popescu: I got a distinctly manic response from him when I asked his wife about the legality of her internet bakery [00:35]
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rikur ThickAsThieves: the product page has never mentioned any wattage, just GH/s. I pre-ordered products twice and never saw wattage mentioned anywhere, so if you ask me the No voters are just coming up with excuses. [00:37]
dub mircea_popescu: this was 6 months or so back, I assumed there was a train wreck coming at that point [00:38]
assbot [HAVELOCK] [HIM] 14 @ 1.9011 = 26.6154 BTC [-] [00:39]
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ThickAsThieves rikur, I could swear that there used to be power specs on the page, also that the advertised GHs used to be higher for some products [00:40]
ThickAsThieves however even if so, what's advertised now, is still techincally meeting the terms of the bet text [00:41]
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ThickAsThieves as it does not specify which specs advertised would be used [00:41]
mircea_popescu i think it was said a thousand times that a. specs are hash and power and b. the specs at the time of the bet count [00:41]
ThickAsThieves its not said in the bet [00:42]
mircea_popescu it is, inasmuch as it doesn't say otherwise. [00:42]
ThickAsThieves does that mean if specs were changed in the advertisment before the newer bets, that those specs will be referred to? [00:43]
FabianB_ !t m S.MPOE [00:43]
kakobrekla they were advertising 1gh/w [00:43]
assbot [MPEX:S.MPOE] 1D: 0.00067147 / 0.00070786 / 0.00073602 (795906 shares, 563.40 BTC), 7D: 0.00064 / 0.00069667 / 0.00073762 (2506507 shares, 1,746.23 BTC), 30D: 0.00059218 / 0.00069187 / 0.00073891 (10333478 shares, 7,149.47 BTC) [00:43]
kakobrekla big time [00:43]
kakobrekla you cant go around that [00:43]
mircea_popescu ThickAsThieves which do you mean ? [00:43]
ThickAsThieves not sure when they changed teh advertised specs [00:44]
jborkl they, since last year- have advertised 1gh/w [00:44]
ThickAsThieves but if a bet was made after that [00:44]
jborkl only recent changed [00:44]
ThickAsThieves then should not those specs be used [00:44]
ThickAsThieves made = created [00:44]
rikur ThickAsThieves: you can check the internet archive for the webby around the time the bet was made, no difference at all IIRC [00:44]
mircea_popescu well, since now bfl is not only a scammy piece of shit on all the other counts, [00:44]
ThickAsThieves and how do we determine what date the specs advertised were changed [00:44]
mircea_popescu but also on the count of altering specs [00:44]
mircea_popescu i would guess only bets clearly specifying it would be allowed. [00:44]
jborkl I do not have a bet at all [00:44]
mircea_popescu at the time these bets were allowed bfl hadn [00:44]
assbot [HAVELOCK] [SDICE] 2 @ 0.32000001 = 0.64 BTC [+] [00:45]
mircea_popescu 't pulled this particular dirty trick yet. [00:45]
assbot [HAVELOCK] [SDICE] 18 @ 0.32 = 5.76 BTC [-] [00:45]
jborkl but to me it would be clear that the specs are failed for the bet [00:45]
ThickAsThieves rikur you are wrong [00:45]
ThickAsThieves i'm pretty sure specs changed [00:45]
jborkl the Jala is much faster than specd and uses much more power [00:45]
rikur ThickAsThieves: just check the internet archive [00:45]
mircea_popescu fascinating what people are willing to say for a dime thi. [00:45]
ThickAsThieves no thanks [00:45]
mircea_popescu rikur you are lieing and you know it, stop already. [00:45]
ThickAsThieves wayback machine sux [00:46]
ThickAsThieves its only marginally useful [00:46]
ThickAsThieves particularly on dynamic pages [00:46]
mircea_popescu http://i.imgur.com/pXyy3.pngand [00:46]
mircea_popescu http://i.imgur.com/5MBoA.png [00:46]
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rikur ThickAsThieves: you apparently don't know how the wayback machine works [00:47]
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ThickAsThieves more that i dont care [00:47]
ThickAsThieves but sure [00:47]
ThickAsThieves you got me [00:47]
rikur mircea_popescu: sorry but no I [00:48]
rikur m not :) [00:48]
mircea_popescu quite clearly stated on their own forum. release specs : jalapeno 4.5 at 4.5 ; single 60 at 60 mini 1500 at 1500 [00:48]
ThickAsThieves rikur did you look at those images mp just linked? [00:48]
mircea_popescu it's in the screenshot and ffs everyone knows it already. [00:48]
kakobrekla also says _FINAL_ spec [00:48]
rikur But I hope whoever resolves it really goes through the arguments and doesn't just pick one on a whim [00:48]
ThickAsThieves i do think them changing the specs advertised is sneaky [00:49]
ThickAsThieves and would find it amusing if that turned the bet [00:49]
mircea_popescu ThickAsThieves ya, well, bitbet isn't betsofbitcoin [00:49]
jborkl it also is running at 5.8 gh on average - so it fails at 5gh bet also [00:50]
ThickAsThieves also, rikur, it is not in your best interest to rush bet resolution [00:50]
ThickAsThieves just in case BFL fixes the specs [00:50]
ThickAsThieves and meets original claims [00:50]
ThickAsThieves more obviously [00:50]
rikur ThickAsThieves: those posts are from last year, when the bet was created the product page only advertised GH/s. [00:50]
mircea_popescu what are they doing anyway, 28 gh/s at 150w or ? [00:51]
ThickAsThieves prove it [00:51]
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jborkl Jalapeno is doin 5.8 and approx 30w [00:51]
kakobrekla rikur so you would have been ok with a box of gpus? [00:51]
ThickAsThieves also, its likely that the forum posts stille xist [00:51]
ThickAsThieves or are quoted [00:52]
ThickAsThieves is a forum post an advertisement? [00:52]
kakobrekla http://i.imgur.com/pXyy3.png [00:52]
kakobrekla this is. [00:52]
ThickAsThieves it does say "announcem,ent" [00:52]
kakobrekla ... [00:53]
rikur but not advertisement :) [00:53]
rikur http://web.archive.org/web/20130404210143/https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html [00:53]
kakobrekla ofc is advertisment [00:53]
kakobrekla its their forum [00:53]
mircea_popescu why does someone care about the 4 april 2013 snapshot ? [00:53]
rikur That's the oldest Jalopeno page on wayback machine, it's after the bet but hey, it's better than nothing. Do you have a product page that has wattage mentioned anywhere? Didn't think so :p [00:53]
mircea_popescu ahahaha [00:53]
mircea_popescu so wait wait. [00:54]
mircea_popescu it [00:54]
mircea_popescu 's after the bet but hey ? [00:54]
ThickAsThieves ^ [00:54]
mircea_popescu Y and 11 others followed you [00:54]
mircea_popescu dude i'm hot stuff. [00:54]
kakobrekla well you can see the jalapeno went from 1 usb cable [00:54]
kakobrekla to 2 usb cables [00:54]
rikur mircea_popescu: please show me a single product page link that has wattage mentioned, from any date. If you don't have one, I think the April 4th link is valuable :) [00:54]
kakobrekla to usb cable and a brick [00:54]
rikur kakobrekla: has nothing to do with performance though :) [00:55]
jborkl mircea_popescu, it is running at 5.8 -from very reliable sources - so the bet is a fail [00:55]
mircea_popescu so you think the link is valuable, good for you. [00:55]
kakobrekla it has [00:55]
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kakobrekla peformance is gh/s/w [00:55]
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rikur jborkl: wrong, the advertised performance was with +-10% variance and the bet said that it has to be +-10% of that [00:55]
deadweasel also, it should not crap out in two weeks time.. [00:55]
mircea_popescu jborkl tbh, the +- there is to be construed in their favour. at least this hash, no more than this wattage sort of thing. [00:56]
kakobrekla accually [00:56]
deadweasel that will be interesting... which bfl catches fire first? [00:56]
kakobrekla the case was not in the 10% [00:56]
mircea_popescu i don't think they'd count as failed for overdelivering [00:56]
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kakobrekla case is much bigger [00:56]
kakobrekla peformance is also density [00:56]
rikur kakobrekla: size of a unit has nothing to do with performance, don't be silly [00:56]
kakobrekla sure [00:56]
jborkl oh, I would have rear the bet +- of 5gh or we [00:56]
jborkl read [00:56]
mircea_popescu your boatload of bfl jalapeno has arrived : http://www.imageblog.co.nz/images/20111018014140_failboatrena.jpg [00:57]
kakobrekla rikur they failed on so many levels you can just pick one favourite [00:57]
ThickAsThieves ta-da https://forums.butterflylabs.com/content/117-announcement-bfl-asic-release-specifications.html [00:57]
jborkl well, it was supposed to warm coffee also, it failed there also [00:58]
kakobrekla yep. [00:58]
mircea_popescu ThickAsThieves rikur still thinks the web archive is valuable. [00:58]
mircea_popescu "Power figures are +/- 10% of those listed while we finish optimizing our power subsystem." << that's where the 10% came from im pretty sure. [00:58]
ThickAsThieves rikur, what say you: https://forums.butterflylabs.com/content/117-announcement-bfl-asic-release-specifications.html [00:58]
mircea_popescu as in, whoever put the bets in trying to match whatever bfl was claiming at the time [00:58]
rikur ThickAsThieves: that's not an an advertisement. Forum moderators claims/behaviour can't be used against a company in court. [01:00]
rikur It's not just in case of BFL, but for any forum posts [01:00]
ThickAsThieves what does court have to do with it [01:00]
rikur ThickAsThieves: they're the ones that eventually solve conflicts [01:00]
assbot [HAVELOCK] [VTX] 10 @ 0.4749 = 4.749 BTC [+] [01:01]
mircea_popescu the account is called BFL_office ;'/ [01:01]
rikur I might sue bitbet.us over this for sure :) [01:01]
mircea_popescu bwahaha [01:01]
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ThickAsThieves ad·ver·tise·ment [ad-ver-tahyz-muhnt, ad-vur-tis-muhnt, -tiz-] noun [01:01]
ThickAsThieves 1. a paid announcement, as of goods for sale, in newspapers or magazines, on radio or television, etc. [01:01]
ThickAsThieves 2. a public notice, especially in print. [01:01]
ThickAsThieves 3. the action of making generally known; a calling to the attention of the public [01:01]
rikur mircea_popescu: it only costs <300$ and I would win more bitcoins in this case, so it would be worth a shot [01:01]
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mircea_popescu rikur http://www.duhaime.org/LegalDictionary/O/OrganizedPseudolegalCommercialArgumentLitigant.aspx [01:02]
mircea_popescu that's the term of art. [01:02]
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rikur mircea_popescu: thanks, but I know my rights well enough [01:03]
mircea_popescu the problem would seem to be you imagine much more than you know. [01:03]
rikur sure [01:03]
ThickAsThieves rikur, your only argument is that the bet does not state what date of advertisement would be used, and you already see where mp lies on that [01:03]
rikur ThickAsThieves: nope, my argument is that the product page has never advertised wattage and I know this since I've ordered from them twice. [01:04]
assbot [MPEX] [S.DICE] 3 @ 0.00343999 = 0.0103 BTC [+] [01:04]
ThickAsThieves your anecdotal experience is not a factor [01:04]
rikur thus wayback machine [01:04]
kakobrekla where you ordered it from and what you have read has nothing to do with what they stated [01:05]
ThickAsThieves it's not just up to MP tho, he has a crew that decided the resolution [01:05]
ThickAsThieves so cross your fingers [01:05]
ThickAsThieves or tamper the jury pool [01:05]
ThickAsThieves or stop [01:05]
assbot [BTCTC] [MININGCO.ETF] 2 @ 0.679 = 1.358 BTC [+] [01:05]
rikur no like I said I just hope that they realy look into the arguments properly and take their time to resolve it in a fair way [01:05]
assbot [HAVELOCK] [VTX] 18 @ 0.4571 = 8.2278 BTC [-] [01:06]
ThickAsThieves they will [01:06]
kakobrekla or sue, obviously [01:06]
mircea_popescu betty sue [01:06]
ThickAsThieves peggy sue [01:06]
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ThickAsThieves a boy named sue [01:06]
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kakobrekla btw, i just revived https://bitcointalk.org/index.php?topic=119338.msg1979975#msg1979975 [01:08]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.428 = 0.856 BTC [+] [01:08]
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ThickAsThieves <+AssetBot> [Cado.AvalonB3] 1 @ 0.05000000 = 0.05000000 [+] [01:16]
ThickAsThieves and you thought people were overpaying for blades [01:16]
ThickAsThieves that is 1/11000 of an Avalon [01:16]
mircea_popescu i have no idea what that is. [01:16]
ThickAsThieves it's an asset on BitFunder [01:17]
ThickAsThieves guy is breaking up 3 Avalons on order into 33000 shares [01:17]
kakobrekla hey hey i got proprietary rights on that syntax [01:18]
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kakobrekla scam. [01:18]
ThickAsThieves talk to Jezz [01:18]
ThickAsThieves Jezzz? [01:18]
ThickAsThieves i dunno, i think thats the guy who runs the BF bot [01:18]
kakobrekla say no more! [01:19]
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mircea_popescu ;;calc 33000 * 0.05 [01:19]
gribble 1650 [01:20]
mircea_popescu bwahahaha what ? [01:20]
ThickAsThieves lol [01:20]
mircea_popescu eh get out. [01:20]
ThickAsThieves sales started at .03 tho [01:20]
ThickAsThieves so not AS bad [01:20]
ThickAsThieves but still [01:20]
mircea_popescu two hundred grand for three avalons ? what is this, sparta ? [01:20]
ThickAsThieves horrible [01:20]
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mircea_popescu what are avalons anyway, 60 gh ? [01:20]
jborkl 88 [01:21]
ThickAsThieves shit i'm so stupid, I shouldve boght AM blades amd then IPO'd at 10x [01:21]
ThickAsThieves derp [01:21]
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kakobrekla yeah douches do that. [01:21]
kakobrekla or maybe is just peoples maff [01:22]
kakobrekla not sure on this one [01:22]
mircea_popescu so wait. [01:22]
mircea_popescu ;;calc 88 * 3 / 1650 [01:22]
gribble 0.16 [01:22]
ThickAsThieves i think this is also evidence that a split share AM asset would do well [01:22]
assbot [HAVELOCK] [VTX] 12 @ 0.4729 = 5.6748 BTC [+] [01:23]
mircea_popescu srsly ? 0.16 gh/btc ? [01:23]
ThickAsThieves no joke [01:23]
mircea_popescu ;;calc 1650 * 142 / 88 / 3 [01:23]
gribble 887.5 [01:23]
ThickAsThieves https://bitfunder.com/asset/Cado.AvalonB3 [01:23]
mircea_popescu 900 dollah PER GH ?! [01:23]
mircea_popescu this is more than gpus wtf. [01:23]
ThickAsThieves oh you have to pay elec + 1% mgmt fee too [01:23]
kakobrekla ztex fpga roughly [01:23]
jborkl not smart investment [01:23]
jborkl to say the least [01:24]
mircea_popescu ThickAsThieves well i'm not even counting the usual scammy " X % of shares are reserved for management" with sliding X [01:24]
mircea_popescu that's par foer the course [01:24]
assbot [MPEX] [S.MPOE] 10350 @ 0.000725 = 7.5038 BTC [-] [01:24]
mircea_popescu kakobrekla 80-100 mh/s gpus are about 70-100 bux neh ? [01:25]
kakobrekla less [01:25]
kakobrekla 50 bux is 250 mhash or so [01:25]
ThickAsThieves you can get a 7970 for like 340 [01:25]
ThickAsThieves $ [01:25]
ThickAsThieves which does about 680/s on litecoin (more profitable) [01:25]
kakobrekla 5770 is 250 at ~50 bux [01:25]
kakobrekla at 110w [01:26]
mircea_popescu insanity. [01:26]
ThickAsThieves ignoranity [01:26]
benkay or you can buy a rack of gpus in a 6u mount from Elemental Technologies [01:27]
benkay stick it someone else's data center [01:27]
benkay their bread and butter is on-demand transcoding, so they may know what's up w/r/t box design [01:27]
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benkay i'm about 1/10th of the way into talking my way into free development boxes from them [01:28]
benkay which i will ship to iceland [01:28]
benkay and generate bitcoins from geothermal power [01:28]
benkay or litecoins w/e [01:28]
mircea_popescu https://bitcointalk.org/index.php?topic=75883.msg1978571#msg1978571 [01:28]
mircea_popescu doesn't this look more like a snowdick ? [01:29]
benkay wee bit lumpy [01:29]
benkay my sample size for comparison isn't statistically valid tho [01:30]
mircea_popescu "Mircea Popescu once again demonstrates his utterly superior intellect: http://polimedia.us/trilema/2013/the-future-of-bitcoin-regulation/ < Deep insight, prescience. Relentless logic." [01:30]
mircea_popescu ok, which one of you is this ? [01:30]
ThickAsThieves not me, but I do love the word prescience [01:31]
unbalanced_ Not I, but good post man! [01:31]
mircea_popescu this is a fine example of why you shouldn't take twitter seriously. [01:32]
dub 250mh from 5770? [01:32]
mircea_popescu also i hope nassim taleb reads that and gets all pissed off. [01:32]
dub i was lucky to break 200 and running so hot they barf after a few hours [01:33]
mircea_popescu ya but you're not cool enough. [01:33]
mircea_popescu also not running on geopornal thewor. [01:33]
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benkay geopornal thewor [01:37]
benkay geonormal tower [01:37]
benkay log-normal grower [01:37]
mircea_popescu fogdood. [01:38]
benkay dello? this is hog. [01:38]
mircea_popescu bwahayha [01:38]
Scrat pig benis [01:38]
benkay penistower power! [01:38]
Chaang-Noi im a goat! [01:39]
mircea_popescu kengay. [01:40]
assbot [HAVELOCK] [VTX] 10 @ 0.45711 = 4.5711 BTC [-] [01:41]
benkay Pope Mercey [01:41]
benkay fuck [01:41]
benkay Pope Mercy [01:41]
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assbot [HAVELOCK] [HIM] 1 @ 1.93 BTC [+] [01:42]
benkay that's actually not a bad name for an ultradom like you [01:42]
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assbot [HAVELOCK] [VTX] 6 @ 0.46 = 2.76 BTC [+] [01:42]
assbot [HAVELOCK] [VTX] 1 @ 0.4724 BTC [+] [01:43]
mircea_popescu lol [01:43]
mircea_popescu the pope, the antipope and the mercypope [01:43]
assbot [HAVELOCK] [VTX] 6 @ 0.4724 = 2.8344 BTC [+] [01:45]
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jurov and its rota [01:47]
assbot [MPEX] [S.MPOE] 6400 @ 0.00072792 = 4.6587 BTC [+] [01:47]
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assbot [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-] [01:48]
assbot [HAVELOCK] [HIM] 1 @ 1.901 BTC [-] [01:50]
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assbot [HAVELOCK] [VTX] 6 @ 0.4601 = 2.7606 BTC [-] [01:52]
assbot [HAVELOCK] [VTX] 7 @ 0.47239 = 3.3067 BTC [+] [01:53]
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assbot [HAVELOCK] [VTX] 1 @ 0.47239 BTC [+] [01:54]
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inhies well [01:56]
inhies lets hope the july bet gets closed soon :) [01:56]
inhies "Bets will not be cancelled because it became impossible for one side to win - in such cases bets are closed and paid early instead. " [01:57]
jurov btw just got a "why hammering nails with microscope" idea [01:58]
inhies seems like it should be closed early assuming the verdict is yes, the latest deliveries count [01:58]
jurov why casascius coins aren't charged after successful delivery only? [01:58]
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assbot [HAVELOCK] [VTX] 10 @ 0.45651 = 4.5651 BTC [-] [01:59]
jurov no trouble with insurance and btc rate then... [01:59]
mircea_popescu i think they also have gold content no ? [01:59]
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jurov the 1btc ones do not.. and the 5btc only plating [02:00]
mircea_popescu ah ok [02:00]
Chaang-Noi 5btc is solid nickle [02:00]
Chaang-Noi 25 btc is plating [02:00]
Chaang-Noi 10 btc is silver [02:01]
Chaang-Noi and the 1000 btc is gold [02:01]
mircea_popescu wait, 1k btc is gold ? [02:01]
Chaang-Noi the 25 btc is gold plated [02:01]
mircea_popescu 1k btc = what, 100 oz fine gold / [02:01]
Chaang-Noi 1000 btc coin is solid gold .999 i has one [02:01]
Chaang-Noi its 1 oz [02:01]
mircea_popescu ia but what, 1 ounce ? lol k. [02:01]
mircea_popescu so tghen still irrelevant, jurov's point stands [02:01]
Namworld 1 oz of gold, + 1000 BTC key [02:01]
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Chaang-Noi he has gold plated bars at 100 500 and 1000 [02:01]
Namworld Inside it [02:01]
Namworld The coin itself is irrelevant, almost [02:02]
Chaang-Noi yeah, an oz of gold? fuck that lol [02:02]
mircea_popescu Namworld making the coin's value 99.9% btc [02:02]
Namworld Pretty much [02:02]
mircea_popescu ironic [02:02]
mircea_popescu here's this fine gold coin [02:02]
Namworld I'll take it wooden for all I care. [02:02]
mircea_popescu the gold in it is pretty much irrelevant. [02:02]
Chaang-Noi i did buy it when btc was worth much less than now [02:02]
Namworld Like, the sticker and key would burn in a fire anyway [02:02]
Namworld So why not a polished wooden coin? [02:03]
Namworld Stylish [02:03]
Chaang-Noi i have a bunch of the 10 btc silver ones and got them when 10 btc = an oz of silver [02:03]
Chaang-Noi my coins are in a 2 hour rates fire proof safe. no fire lol [02:03]
Namworld Firefighters take their sweet time, fire burns for 2.1 hour [02:04]
Namworld Hmm... do fireproof rating applies to content burning? [02:05]
mircea_popescu Namworld polished hardwood is pretty much impossible to catch on fire anyway [02:05]
Namworld Because plastic would melt way before burning [02:05]
mircea_popescu actually some plastic is thermosetting. it never melts. [02:06]
Namworld Yeah, idk what casascius uses... [02:07]
jurov biodegradable cellophane? [02:07]
jurov :D [02:07]
mircea_popescu whale mucus [02:07]
assbot [HAVELOCK] [VTX] 9 @ 0.469899 = 4.2291 BTC [+] [02:08]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2675 BTC [-] [02:08]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.266 = 2.532 BTC [-] [02:09]
mircea_popescu fun fact of the day : chemically, cellophane, rayon and cellulose are polymers of glucose [02:09]
assbot [HAVELOCK] [VTX] 10 @ 0.4565 = 4.565 BTC [-] [02:10]
Namworld Whale mucus? Why not ambergris? "Keeps that fresh Bitcoin smell longer than the competition!" [02:10]
dub at a guess I'd say he uses recycled mcdonalds burger wrappers [02:10]
Chaang-Noi yup [02:10]
dub which he will have in plentiful supply [02:10]
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assbot [HAVELOCK] [VTX] 1 @ 0.469899 BTC [+] [02:11]
Chaang-Noi namworld a house almost never burns for more than 30 mins, there is no way that safe will get damaged [02:11]
assbot [HAVELOCK] [VTX] 5 @ 0.4699 = 2.3495 BTC [+] [02:11]
Chaang-Noi well the coins [02:11]
Chaang-Noi the only plasic on the coins is the holograms [02:11]
benkay namworld are you really counseling someone to dial down their fire insurance? [02:12]
assbot [BTCTC] [B.YABMC] 100 @ 0.013001 = 1.3001 BTC [-] [02:12]
assbot [HAVELOCK] [VTX] 1 @ 0.469899 BTC [-] [02:13]
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* dub is unkleing like a boss [02:20]
Chaang-Noi lol i dont think iv ever seen anyone type out ambergris or even know someone who knew what it was [02:20]
assbot [HAVELOCK] [VTX] 10 @ 0.4565 = 4.565 BTC [-] [02:21]
Chaang-Noi namworld how do you know so much about whale vomit? [02:21]
mircea_popescu i know what it is. [02:21]
Chaang-Noi such a silly thing to know wh? [02:21]
mircea_popescu cause it's like very expensive [02:21]
mircea_popescu and also used in perfumery [02:21]
Chaang-Noi yeah it is [02:21]
mircea_popescu so that's two good reasons. [02:21]
mircea_popescu also he's canadian, thus weird. [02:21]
assbot [HAVELOCK] [VTX] 5 @ 0.4698999 = 2.3495 BTC [+] [02:22]
assbot [HAVELOCK] [VTX] 1 @ 0.4699 BTC [+] [02:22]
Chaang-Noi i bet the have a lot of whales in canada [02:22]
Chaang-Noi maybe that is why [02:22]
dub I hear theres some moosecock in space atm [02:22]
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assbot [HAVELOCK] [VTX] 1 @ 0.4698999 BTC [-] [02:23]
assbot [HAVELOCK] [VTX] 5 @ 0.4699 = 2.3495 BTC [+] [02:24]
Chaang-Noi i slept 4 hours last night... if that... [02:24]
Chaang-Noi getting up before the sun is weird to me [02:24]
assbot [HAVELOCK] [VTX] 10 @ 0.456001 = 4.56 BTC [-] [02:25]
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assbot [HAVELOCK] [KCIM] 1 @ 1.4 BTC [+] [02:34]
assbot [BTCTC] [COG.F] 2 @ 2.4999 = 4.9998 BTC [+] [02:36]
assbot [BTCTC] [CRYPTO-TRADE] 1 @ 0.19987 BTC [-] [02:37]
assbot [BTCTC] [CRYPTO-TRADE] 4 @ 0.1999 = 0.7996 BTC [+] [02:37]
assbot [MPEX] [S.MPOE] 1800 @ 0.00072792 = 1.3103 BTC [+] [02:41]
assbot [MPEX] [S.MPOE] 466 @ 0.00073999 = 0.3448 BTC [+] [02:41]
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assbot [MPEX] [S.MPOE] 9534 @ 0.00073999 = 7.0551 BTC [+] [03:00]
assbot [MPEX] [S.MPOE] 1766 @ 0.00074202 = 1.3104 BTC [+] [03:00]
assbot [MPEX] [S.MPOE] 2950 @ 0.00074004 = 2.1831 BTC [-] [03:00]
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assbot [MPEX] [S.MPOE] 5000 @ 0.00074202 = 3.7101 BTC [+] [03:19]
dub hrm AM offline on guild [03:20]
assbot [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-] [03:20]
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dub ;;nethash [03:20]
gribble 78723.6093007 [03:20]
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mircea_popescu and yet... [03:22]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2998 BTC [+] [03:28]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2501 BTC [-] [03:35]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.25 BTC [-] [03:35]
assbot [HAVELOCK] [VTX] 2 @ 0.4651 = 0.9302 BTC [+] [03:38]
assbot [HAVELOCK] [VTX] 1 @ 0.4651 BTC [+] [03:39]
kakobrekla https://forums.butterflylabs.com/bfl-forum-miscellaneous/632-getting-ready-april.html#post9395 [03:39]
assbot [HAVELOCK] [VTX] 3 @ 0.4749 = 1.4247 BTC [+] [03:40]
assbot [HAVELOCK] [VTX] 6 @ 0.475 = 2.85 BTC [+] [03:40]
dub lol [03:40]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.1924 BTC [-] [03:40]
assbot [BTCTC] [BTC-TRADING-PT] 6 @ 0.1923 = 1.1538 BTC [-] [03:40]
mircea_popescu 2weeks [03:40]
assbot [BTCTC] [BTC-TRADING-PT] 3 @ 0.1922 = 0.5766 BTC [-] [03:40]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.2168 BTC [+] [03:40]
assbot [BTCTC] [S.MPOE-PT] 17 @ 0.000651 = 0.0111 BTC [+] [03:41]
mircea_popescu http://lewrockwell.com/rockwell/commissars-want-to-destroy-lrc.html this is distinctly insane. [03:41]
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assbot [BTCTC] [S.MPOE-PT] 100 @ 0.000679 = 0.0679 BTC [+] [03:42]
assbot [BTCTC] [BITVPS] 1 @ 0.00081 BTC [+] [03:42]
assbot [BTCTC] [BITVPS] 10 @ 0.0008 = 0.008 BTC [-] [03:42]
mircea_popescu kakobrekla https://twitter.com/Mircea_Popescu/status/329033253124190208 [03:43]
kakobrekla :p [03:43]
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kakobrekla Then stop demanding hard and fast timeframes for things that we can't give hard and fast timeframes for. Simple as that. I say multiple times "We aren't sure when " and a chorus of people respond back "BUT GIVE US AN ESTIMATE!!!!" Repeat that about [03:45]
kakobrekla 20x and that describes the past 6+ months. Like I said earlier in this thread (or maybe it was another one) - the timelines were doled out long before I came on board with BFL. I have worked with what I was handed for this product cycle. Future product cycles, assuming I have [03:45]
kakobrekla the final authoritative say in the matter, will not contain shipping dates or definitive timelines. The one and only answer to "When?" is "When it's done." If you get something other than that from me on future product cycles, you'll either get it by that date or I have been [03:45]
kakobrekla overridden in my stance of not providing dates. I fully realize this statement will probably sneak up and bite me in the ass at some unspecified future date due to reasons I can't possibly imagine at the moment. [03:45]
kakobrekla fuck me [03:45]
mircea_popescu lmao spam! [03:45]
kakobrekla myea [03:45]
kakobrekla twas a bit much [03:46]
mircea_popescu stop demanding things in exchange for your money [03:46]
mircea_popescu this is bitcoin! [03:46]
mircea_popescu http://freemarketincome.com/the-future-of-bitcoin-regulation/ [03:46]
mircea_popescu repost my article, get the site name wryng [03:47]
mircea_popescu priceless. [03:47]
peterl polymedia? there should be a good joke in there somewhere ... [03:48]
mircea_popescu i guess there must be [03:48]
assbot [BTCTC] [COGNITIVE] 2 @ 0.1991 = 0.3982 BTC [+] [03:49]
assbot [HAVELOCK] [VTX] 10 @ 0.47498 = 4.7498 BTC [-] [03:50]
mircea_popescu so a little ago i used a flavoured condom to buttseks. the girl is now claiming she can taste teh flavour. [03:53]
mircea_popescu isthispossible.jpg [03:53]
kakobrekla taste the flavour by licking what? [03:55]
mircea_popescu not by licking anything. [03:55]
taub ... gox should offer volume discounts based on $ value [03:55]
taub not btc [03:55]
taub i hate them so much :( [03:56]
thestringpuller mircea_popescu did you also give her a vodka filled tampon? [03:58]
thestringpuller btw mircea_popescu your april 2013 MPOE report was empowering... [03:58]
mircea_popescu mno [03:58]
mircea_popescu o ? [03:58]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2501 BTC [+] [03:58]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.25 = 2.5 BTC [-] [03:59]
thestringpuller You really rallied the troops in that one. [03:59]
assbot [HAVELOCK] [VTX] 2 @ 0.4651 = 0.9302 BTC [-] [04:00]
thestringpuller could you elaborate this statement a little more: Unfortunately the hordes of get-rich-quick noobs allied with the howling incompetence of so called .exchanges. have prevailed [04:00]
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mircea_popescu that entire max keiser & co meets mtgox lag episode [04:01]
thestringpuller but are you saying it's a war against the speculators? [04:01]
mircea_popescu speculation is one thing. [04:01]
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mircea_popescu this idiocy where "We all believe the US is the best in the world therefore it is because we agree" programme is not speculation, it's marauding stupidity. [04:02]
mircea_popescu bitcoin is a right phenomena. it's natural enemy is the left. this means the horde of like minded lemmings. [04:03]
mircea_popescu this is the meaning of "decentralised". [04:03]
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taub [04:06]
taub Loss : -2`320.17106571 BTC [04:06]
taub ouch :( [04:06]
thestringpuller enemy of the left? [04:07]
thestringpuller you mean socialism in general? [04:08]
taub enemy of the collectivists [04:08]
mircea_popescu anyone who expects solutions to problems come from the group is left. [04:08]
mircea_popescu anyone who expects solutions come from the individual is right [04:09]
mircea_popescu that's pretty much the whole story there. [04:09]
thestringpuller but even you depend on a group for mpex...non? [04:09]
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thestringpuller or am I viewing this from a confused viewpoint? [04:09]
ThickAsThieves but but what about groups of individuals? [04:09]
mircea_popescu i think so. how do i depend ? [04:09]
dub why use condom? [04:10]
kakobrekla we all depend on blockchain ;) [04:10]
dub what point in cornholing if it aint bareback [04:11]
thestringpuller You depend on MPOE-PR for you PR. You have a board of directors you refer to for advice as quoted here: "Unfortunately the hordes of get-rich-quick noobs allied with the howling incompetence of so called .exchanges. have prevailed" it is implied this "we" is a collective. [04:11]
thestringpuller oops [04:11]
mircea_popescu dub pff. i always use condoms. [04:11]
dub prude [04:11]
thestringpuller quoted here: "We.ve been working hard taking apart and examining the price model" [04:11]
thestringpuller take 2 [04:11]
mircea_popescu thestringpuller but what's one to do with the other ? [04:11]
dub so an occaisional UTI results. deal with it [04:11]
mircea_popescu dub hehe i am dealing with it. [04:11]
dub take your vitamins [04:11]
thestringpuller mircea_popescu: I misquoted I'm sorry. I meant the latter. [04:12]
thestringpuller "We've been working hard..." is the key phrase [04:12]
mircea_popescu thestringpuller no i get that part. but what's me having a board / employees to do with the group mindset ? [04:12]
thestringpuller Don't you all have to agree? Don't you bounce ideas off each other? Or is that still technically individualism? [04:12]
taub those groups are formed voluntarily [04:13]
thestringpuller When I think of pure individual contribution I think of people like Tesla. [04:13]
taub it's not a "everyone has to do their share or else" kinda deal [04:13]
mircea_popescu but what's "pure individual contribution" to do with anything ? [04:13]
ThickAsThieves i think mp's point may be when individuals release power of problem solving to a group [04:13]
mircea_popescu listen, there's kids sitting togetgher in a class. this is ideologically neutral. [04:13]
mircea_popescu there's kids working on the same homework. this is also ideologically neutral. [04:13]
ThickAsThieves or maybe rely on group thought? [04:14]
mircea_popescu if those kids were to go to the teacher and say "We're not doing our homework and you can't punish us cause you'd hacve to punish the whole class", that's socialist bs. [04:14]
mircea_popescu yet this is the "solution" of idiots since forever. [04:14]
deadweasel http://www.sierrachart.com/index.php?l=doc/Bitcoin.php [04:14]
mircea_popescu in the case at hand, "we will all buy btc and the price can only go up because of it and so we will all become millionaires" [04:14]
ThickAsThieves but that rgument seems to be used quite often by the right [04:15]
mircea_popescu they were going to pull themselves up by their own pants. [04:15]
taub using it already deadweasel :) [04:15]
mircea_popescu well inasmuch as it is used it's fakeright [04:15]
taub hope their live trading gets rolled out soon [04:15]
deadweasel how do you like it? [04:15]
kakobrekla its gonna suck [04:15]
taub its good, very stable stream [04:15]
kakobrekla its gonna be as bad as mtgox [04:15]
taub well yes, it's just a link to mtgox [04:15]
kakobrekla exactly [04:15]
kakobrekla thats why its gonna suck [04:16]
mircea_popescu heh [04:16]
kakobrekla gigo [04:16]
taub but its easier to trade directly off the charts than to log into the site and enter the order every time [04:16]
deadweasel use goxtool [04:16]
thestringpuller mircea_popescu isn't that a different issue altogether, as you state in your fact, "You can't pull yourself up by your own bootstraps" [04:16]
thestringpuller faq* [04:16]
thestringpuller WOW [04:16]
taub somehow buying doesnt work on there for me [04:16]
thestringpuller can't type today [04:16]
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mircea_popescu where's the difference [04:17]
dub sierra should lease an API/socket feed [04:17]
deadweasel did you put in the api key? gox --add-secret= [04:17]
deadweasel goxtoo* [04:17]
deadweasel l [04:17]
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taub yea, i can sell, but the buy function doesn't work dunno [04:17]
deadweasel balls [04:17]
deadweasel oh well. i don't trade enought to purchase charting sfotware. but i want it. [04:18]
dub have you got permissions set in gox? [04:18]
dub deadweasel: can you run the native feed without paying? [04:18]
taub yes, the window for order entry doesn't appear [04:18]
deadweasel using windows? [04:18]
taub putty [04:18]
thestringpuller i'm using putty too [04:19]
deadweasel ya, change to xterm r6 [04:19]
dub dont use putty [04:19]
deadweasel i forget the settings tab [04:19]
dub use kitty [04:19]
deadweasel ^ even bettah [04:19]
deadweasel but if you're already running putty, i know how to fix the keyboard fkeys issue. [04:19]
thestringpuller mircea_popescu: there is no difference is there? The group came up, with Max Keiser as their defacto leader, "We can pull ourselves up by our belts", whereas that is a physical impossibility, yet people believed it anyways because other people "said it was so". No? [04:19]
dub kitty is putty [04:20]
dub putty is no longer maintained [04:20]
taub i'm already using some putty variant with clickable urls [04:20]
deadweasel then feed that kitty and putt it across the room! [04:20]
assbot [MPEX] [S.MPOE] 5200 @ 0.00072615 = 3.776 BTC [-] [04:21]
assbot [MPEX] [S.MPOE] 2300 @ 0.000725 = 1.6675 BTC [-] [04:21]
taub doesn't work in kitty :[ [04:24]
thestringpuller Good news mircea_popescu: "Facebook Is Losing Millions Of Users In The US And Other Mature Markets" [04:24]
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nospinzy I WONDER WHY [04:26]
nospinzy cause all the narsasists have taken over [04:26]
taub okay i got it working deadweasel, had to change the keyboard settings, ty [04:26]
nospinzy and making people rage quit [04:26]
assbot [HAVELOCK] [KCIM] 1 @ 1.4 BTC [+] [04:27]
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assbot [HAVELOCK] [KCIM] 2 @ 1.41 = 2.82 BTC [+] [04:27]
assbot [HAVELOCK] [KCIM] 2 @ 1.4588 = 2.9176 BTC [+] [04:27]
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ThickAsThieves how doe facebook lose users anyway? people actually take the time to close accounts? [04:27]
kakobrekla https://bitcointalk.org/index.php?topic=174620.msg1978520#msg1978520 [04:28]
mircea_popescu good q. [04:28]
nospinzy analytics [04:28]
nospinzy you can see how many people come to your website... [04:28]
nospinzy its pretty basic [04:28]
thestringpuller ;;seen smickles [04:29]
gribble smickles was last seen in #bitcoin-assets 3 weeks, 4 days, 9 hours, 46 minutes, and 30 seconds ago: a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm [04:29]
thestringpuller lol [04:29]
thestringpuller ThickAsThieves: people go inactive, someone not logging in for X time is considered the same as losing a user to the social media world. [04:30]
thestringpuller as it depends on an active user base [04:30]
ThickAsThieves then they should just comment on user activity [04:30]
ThickAsThieves not user loss [04:30]
ThickAsThieves but i get it i guess [04:30]
assbot [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-] [04:32]
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asciilifeform mircea_popescu: idea: the gold in the casascius coin is a TEOTWAWKI "backup." [04:32]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2799 BTC [+] [04:34]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.28 BTC [+] [04:35]
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mircea_popescu well it'd have to be the end of PART of the world then [04:38]
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assbot [BTCTC] [ASICMINER-PT] 2 @ 1.2799 = 2.5598 BTC [-] [04:38]
asciilifeform mircea_popescu: new idea. 7.62x39mm round with built-in BTC chip. [04:38]
* da2ce7_d is now known as da2ce7 [04:38]
asciilifeform mircea_popescu: for those who await the lead, rather than the gold, standard. [04:39]
mircea_popescu lol [04:40]
mircea_popescu dude copumpkin is a twitter badass. check out what he dug up [04:40]
mircea_popescu http://finallyfeminism101.wordpress.com/2007/10/19/sexism-definition/ [04:40]
mircea_popescu Sexism is both discrimination based on gender and the attitudes, stereotypes, and the cultural elements that promote this discrimination. Given the historical and continued imbalance of power, where men as a class are privileged over women as a class (see male privilege), an important, but often overlooked, part of the term is that sexism is prejudice plus power. Thus feminists reject the notion that women can be sexis [04:41]
mircea_popescu t towards men because women lack the institutional power that men have. [04:41]
mircea_popescu also they reject e=mc2 as a sexed equation, [04:41]
mircea_popescu because it privileges the speed of light over other speeds that are much more important to us. [04:41]
asciilifeform mircea_popescu: ho hum. there's a whole dark underworld of this crud, esp. in the U.S.; and the perpetrators are often salaried academics and their flunkies. [04:42]
mircea_popescu salaried pseudoacademics [04:42]
mircea_popescu doing whatever "social sciences" a la women's research or w/e [04:43]
asciilifeform mircea_popescu: actual academics mostly went extinct after ww2. (you'll meet the occasional one, preserved, like the occasional panda still alive in some zoo) [04:43]
mircea_popescu i am currently pining all hopes of universalist humanity on the taleb fellow [04:44]
mircea_popescu he's been doing off the deep end superbly on twitter. [04:44]
dub kweli [04:44]
dub ? [04:44]
mircea_popescu o look, she retweeted me too. dense is she. [04:44]
mircea_popescu dub nassim taleb [04:44]
mircea_popescu https://twitter.com/nntaleb/status/328902329015353345 sample [04:45]
asciilifeform mircea_popescu: on the death of academia: http://unqualified-reservations.blogspot.com/2007/07/my-navrozov-moments.html (moldbug) [04:46]
assbot [BTCTC] [ASICMINER-PT] 4 @ 1.236 = 4.944 BTC [-] [04:46]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2351 BTC [-] [04:46]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.23505 = 2.4701 BTC [-] [04:46]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.23505 = 2.4701 BTC [-] [04:46]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.22 = 2.44 BTC [-] [04:46]
mircea_popescu aww grad school. poor modlbug [04:47]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.21 BTC [-] [04:47]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.205 BTC [-] [04:47]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.202 = 6.01 BTC [-] [04:47]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2 BTC [-] [04:47]
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orkaa hah, nassim [04:47]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2 BTC [-] [04:47]
dub https://fbcdn-profile-a.akamaihd.net/hprofile-ak-prn1/c0.17.180.180/s160x160/24919_388859208374_202563_a.jpg heh [04:47]
orkaa i'm reading one of his books [04:47]
orkaa yeah, this one [04:47]
orkaa black swan [04:47]
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mircea_popescu he's a clever fellow. [04:48]
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orkaa yep, i like how he's questioning everything [04:49]
assbot [HAVELOCK] [KCIM] 1 @ 1.459 BTC [+] [04:50]
assbot [HAVELOCK] [KCIM] 2 @ 1.45989998 = 2.9198 BTC [+] [04:50]
assbot [HAVELOCK] [KCIM] 4 @ 1.46496 = 5.8598 BTC [+] [04:50]
assbot [HAVELOCK] [KCIM] 3 @ 1.46498 = 4.3949 BTC [+] [04:50]
kakobrekla is he really questioning everything? [04:52]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.19021 BTC [-] [04:52]
mjr___ i loved antifragile [04:52]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.19011 BTC [-] [04:53]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.17005 = 5.8503 BTC [-] [04:53]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.17 = 5.85 BTC [-] [04:53]
mjr___ it just felt so refreshing [04:53]
assbot [BTCTC] [ASICMINER-PT] 8 @ 1.16914 = 9.3531 BTC [-] [04:53]
kakobrekla o hey mjr [04:53]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.167 BTC [-] [04:53]
mjr___ hey guys [04:53]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.165 = 5.825 BTC [-] [04:53]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.164 BTC [-] [04:53]
assbot [BTCTC] [ASICMINER-PT] 19 @ 1.152 = 21.888 BTC [-] [04:53]
kakobrekla where have you been, you missed like 5 dudes rolling by on their skateboards announcing new exchanges [04:53]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.152 BTC [-] [04:54]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1512 BTC [-] [04:55]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.1512 BTC [-] [04:55]
assbot [BTCTC] [ASICMINER-PT] 7 @ 1.1511 = 8.0577 BTC [-] [04:55]
mjr___ kakobrekla: "The skateboard ride to Saks today was a little rough, but the skateboard back was great!" I am not joking that is the latest status update from coinsetter CEO...he's a nice guy [04:55]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.151 = 2.302 BTC [-] [04:55]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.150101 = 11.501 BTC [-] [04:55]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.1501 = 11.501 BTC [-] [04:55]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.15 BTC [-] [04:55]
mjr___ but i can't help but laugh after our convo in romania lol [04:55]
mircea_popescu he sounds like permafriendzoned [04:55]
kakobrekla WTF really?! [04:55]
kakobrekla poor guy [04:56]
mjr___ i am not joking [04:56]
mjr___ he's cool, he's in nyc [04:56]
kakobrekla you met him? [04:56]
mjr___ yeah [04:56]
kakobrekla when [04:56]
mjr___ we were talking about working together, but couldn't get the equity to work... [04:56]
mjr___ he already had prior investors etcf [04:56]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.13205 = 5.6603 BTC [-] [04:56]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.132 BTC [-] [04:56]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.13 = 3.39 BTC [-] [04:56]
kakobrekla hm [04:56]
mjr___ they are opening sometime this summer i think? [04:57]
mjr___ but mostly focusing on the shorting/margin side, from what i know...jaron from coinsetter [04:57]
grubles im selling my mpex account [04:57]
grubles if anyone is wanting one [04:57]
grubles there are no assets in it [04:57]
grubles it is mostly to get out of paying the ridiculous 30 btc fee [04:58]
mjr___ https://kirillwashere.com/galleries/set-miami-april-25/photos/13384 <--- why i love and hate america [04:58]
kakobrekla mjr___ are they using gox or what [04:58]
mjr___ grubles, how much? [04:58]
mjr___ also...how would you guarantee you won't retain the key? [04:59]
mjr___ kakobrekla: not sure, but we just got market data working and order flow [05:00]
mjr___ Gods and Monsters by Lana Del Rey [05:02]
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assbot [MPEX] [S.MPOE] 28050 @ 0.000725 = 20.3363 BTC [-] [05:05]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.13112 BTC [+] [05:13]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.13102 BTC [-] [05:13]
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assbot [BTCTC] [ASICMINER-PT] 2 @ 1.13 = 2.26 BTC [-] [05:14]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.13 = 3.39 BTC [-] [05:15]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2397 BTC [+] [05:20]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2398 BTC [+] [05:20]
assbot [BTCTC] [ASICMINER-PT] 12 @ 1.24 = 14.88 BTC [+] [05:20]
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grubles mircea_popescu, [05:26]
grubles you around broseph [05:26]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2489 BTC [+] [05:30]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.249 BTC [+] [05:31]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.25 = 3.75 BTC [+] [05:31]
dub hrm, got an ex specops buddy traveling to italy next week, should get him to pay alberto a visit [05:35]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.25 = 2.5 BTC [+] [05:36]
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mircea_popescu yeh [05:48]
mircea_popescu grubles sup [05:48]
mjr___ mircea_popescu: hey what up [05:50]
mircea_popescu nothing much [05:50]
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thestringpuller mircea_popescu: you are one of my favorite people [06:26]
thestringpuller if I bring you women can I hang out with you in Romania? [06:26]
thestringpuller :D [06:26]
thestringpuller I need a vacation... [06:26]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2597 BTC [+] [06:36]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2599 BTC [+] [06:36]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.26 = 3.78 BTC [+] [06:37]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.26 BTC [+] [06:38]
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mircea_popescu lol [06:43]
grubles y u laffin [06:44]
grubles asicminer price? [06:44]
mircea_popescu the guy and his women [06:45]
grubles he is offering you women [06:45]
grubles why must you laugh [06:45]
mircea_popescu im just that sorta guy. [06:46]
grubles what, homo? [06:47]
mircea_popescu no homo [06:51]
thestringpuller so deal, 3 women for 1 night stay? [06:51]
thestringpuller lololol [06:51]
assbot [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-] [06:52]
thestringpuller (it feels like medieval times) [06:52]
grubles you can stay at my place if you have 3 women [06:53]
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assbot [BTCTC] [MININGCO.ETF] 2 @ 0.679 = 1.358 BTC [+] [06:55]
mircea_popescu where you gonna find 3 womenz. [06:57]
* Sin|CRUNK is now known as Sinbios [06:58]
grubles strip bar [06:59]
mircea_popescu http://www.youtube.com/watch?v=TBkYdUgl3-M&feature=player_embedded [06:59]
grubles mircea is yes homo [07:00]
thestringpuller mircea_popescu: I will go to a mall, and promise 18 year olds louis vatton bags in exchange for me introducing them to mircea_popescu [07:00]
thestringpuller doesn't take a solution like MPEX to get da ladiez [07:01]
grubles they have malls in romania? [07:01]
grubles i figured romania was like a walmart parking lot [07:01]
mircea_popescu Vat on! [07:02]
grubles with the rich elite having RVs parked there for weeks [07:02]
assbot [BTCTC] [BASIC-MINING] 2 @ 0.428 = 0.856 BTC [+] [07:02]
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mircea_popescu http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22 [07:08]
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joecool not too big in nigeria [07:11]
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thestrin1puller waa [07:17]
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* KRS-1 spins [07:18]
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thestringpuller ;;seen mircea_popescu [07:19]
gribble mircea_popescu was last seen in #bitcoin-assets 11 minutes and 14 seconds ago: http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22 [07:19]
thestringpuller http://24.media.tumblr.com/tumblr_ly2167CprO1rnabkso1_1280.jpg [07:22]
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mircea_popescu http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22%2C%20obama&cmpt=q [07:30]
mircea_popescu soon we'll cross obama. [07:30]
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KRS-1 he can go to hell [07:36]
KRS-1 and he is a degenerate [07:37]
KRS-1 thats all. [07:37]
KRS-1 for now. [07:37]
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* Now talking on #bitcoin-assets [17:07]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com/ [17:07]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013 [17:07]
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mircea_popescu "I dont know if something like this has been talked about but im sure it has crossed peoples minds. [17:07]
mircea_popescu Why doesnt someone open an online bitcoin bank? It could have a nice online interface" [17:07]
mircea_popescu thestringpuller totally. a nice interface. [17:08]
mircea_popescu it would be a website that's a bank and has a nice interface. whatcouldpossibly.pdf [17:08]
ThickAsThieves we could call it blockchain.info [17:08]
assbot [MPEX] [O.USD.C143T] 1000 @ 0.15528424 = 155.2842 BTC [-] [17:09]
mircea_popescu o hey. [17:09]
mircea_popescu $avg ^oix [17:09]
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mircea_popescu hm what was it [17:10]
jborkl or we could call it mpex [17:10]
mircea_popescu $price ^oix [17:10]
mircea_popescu da fuck [17:10]
ThickAsThieves !ticker m ^OIX [17:10]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 59.0473661 / 191.28391806 / 197.76214913 (639 shares, 153.26 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [17:10]
ThickAsThieves $avg [17:10]
mpexbot ThickAsThieves: 142.03 [17:10]
mircea_popescu jborkl no because interface. [17:11]
jborkl oh, I like the interface [17:11]
jborkl very simple [17:11]
mircea_popescu $vwap ^oix [17:11]
mpexbot mircea_popescu: ^OIX 1 day: no data 7 day: average: 191.28391806 high: 197.76214913 low: 59.0473661 volume: 639 btc: 153.26152721 30 day: no data [17:11]
mircea_popescu jborkl it's not nice! stop trolling da reddit folk! you're a jerk! [17:11]
ThickAsThieves How does the bot handle options it buys? Does it ever excercise, or try to resell? If it excercises, does it wait for a certain % of profit? [17:11]
jborkl I missed something here, lol [17:11]
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assbot [MPEX] [O.USD.P320T] 1000 @ 1.25680427 = 1256.8043 BTC [+] [17:12]
mircea_popescu my sarcasm :D [17:12]
mircea_popescu whoa nelly. [17:12]
ThickAsThieves thats the 4th sell [17:12]
mircea_popescu what srsly ? [17:12]
mircea_popescu hey, somebody [17:12]
mircea_popescu 's taking some serious positions. [17:12]
mircea_popescu ThickAsThieves the bot always tries to resell. that's why it always quotes both ends. [17:13]
mircea_popescu it sometimes exercises. [17:13]
ThickAsThieves so couldnt the bot just excercise these new puts and close this guys position [17:13]
mircea_popescu it could, yes. [17:13]
ThickAsThieves odd [17:13]
mircea_popescu why ? [17:14]
mircea_popescu ;;netstat [17:14]
gribble Error: "netstat" is not a valid command. [17:14]
ThickAsThieves odd that he would sell those puts [17:14]
ThickAsThieves not odd that the bit would ex [17:14]
jborkl mostly put - this month put 320,s [17:14]
ThickAsThieves bot* [17:14]
ThickAsThieves [09:52] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25537321 = 1255.3732 BTC [17:14]
ThickAsThieves [09:56] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25521432 = 1255.2143 BTC [-] [17:14]
ThickAsThieves [10:05] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25457896 = 1254.579 BTC [-] [17:14]
ThickAsThieves [10:11] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25680427 = 1256.8043 BTC [+] [17:14]
mircea_popescu those are the max [17:14]
assbot [MPEX] [O.USD.C143T] 1000 @ 0.1543468 = 154.3468 BTC [-] [17:15]
mircea_popescu hm [17:15]
ThickAsThieves those are already in the money right? [17:15]
mircea_popescu ;;calc 320 / 2.255 [17:15]
gribble 141.906873614 [17:15]
ThickAsThieves so why sell those puts to the bot [17:15]
mircea_popescu whoa look at this! [17:15]
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mircea_popescu so sold puts short, their break even is ~142, so also sold calls short at 143 [17:16]
mircea_popescu basically this is an insured long play. [17:16]
mircea_popescu $vwap O.USD.P320T [17:16]
mpexbot mircea_popescu: O.USD.P320T 1 day: average: 1.25549269 high: 1.25680427 low: 1.25457896 volume: 4000 btc: 5021.97076 7 day: average: 1.25549269 high: 1.25680427 low: 1.25457896 volume: 4000 btc: 5021.97076 30 day: average: 1.25549269 high: 1.25680427 low: 1.25457896 volume: 4000 btc: 5021.97076 [17:16]
mircea_popescu $vwap O.USD.C143T [17:16]
mpexbot mircea_popescu: O.USD.C143T 1 day: average: 0.15481552 high: 0.15528424 low: 0.1543468 volume: 2000 btc: 309.63104 7 day: average: 0.15481552 high: 0.15528424 low: 0.1543468 volume: 2000 btc: 309.63104 30 day: average: 0.18907858 high: 0.275176 low: 0.1543468 volume: 5375 btc: 1016.2973877 [17:16]
mircea_popescu heh. i bet you there's two more sets of 143 on the pipe. [17:16]
jborkl this months 143c price is only .15? [17:16]
ThickAsThieves no [17:17]
ThickAsThieves thats someone selling to bot [17:17]
mircea_popescu jborkl bid side. [17:17]
jborkl oh yeah, nm [17:17]
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mircea_popescu so basically if price stays over 143 makes money on the puts, if goes a little under makes money on the calls to somewhat compensate. [17:17]
ThickAsThieves except that bot could close him before he does [17:18]
assbot [MPEX] [O.USD.C143T] 1000 @ 0.15465646 = 154.6565 BTC [+] [17:18]
mircea_popescu yeah. [17:18]
mircea_popescu whiplash can be a serious problem for this position, so i guess it implicitly is a bet against whiplash [17:18]
mircea_popescu course... the bot could be closing him the other way too, ie, to protect itself. and since whiplash can go both ways [17:19]
mircea_popescu i suppose technically it's a bet that the bot closes correctly. [17:19]
mircea_popescu for an unspecified value of "correctly" [17:19]
ThickAsThieves i shoulda out bid the bot for the calls if i wanted some [17:20]
ThickAsThieves :/ [17:20]
mircea_popescu the golden rule of mpex is "it always pays to have positions in the book" [17:20]
mircea_popescu as the veterans can tell you. [17:20]
jcpham derp [17:21]
assbot [MPEX] [O.USD.C143T] 100 @ 0.15465646 = 15.4656 BTC [+] [17:21]
ThickAsThieves there [17:21]
ThickAsThieves :) [17:21]
jcpham http://www.ftc.gov/opa/2013/02/path.shtm [17:23]
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mircea_popescu http://bitbet.us/bet/439/bitcoin-bigger-/ [17:24]
mircea_popescu haha check out this one [17:24]
jborkl it it clear what the puts were opened for now [17:27]
ThickAsThieves thats a big dump [17:27]
assbot [MPEX] [O.USD.C143T] 48 @ 0.152 = 7.296 BTC [-] [17:28]
assbot [MPEX] [O.USD.C143T] 852 @ 0.14277256 = 121.6422 BTC [-] [17:28]
assbot [MPEX] [S.BBET] 35000 @ 0.00100005 = 35.0018 BTC [-] [17:28]
ThickAsThieves well then [17:28]
assbot [MPEX] [S.BBET] 10 @ 0.001 = 0.01 BTC [-] [17:28]
assbot [MPEX] [S.BBET] 2000 @ 0.00099999 = 2 BTC [-] [17:28]
assbot [MPEX] [S.BBET] 100 @ 0.00199994 = 0.2 BTC [+] [17:28]
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ThickAsThieves SR is shut down [17:30]
ThickAsThieves somewhat temporarily [17:30]
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mircea_popescu o ? [17:30]
error4733 ;;goxlag [17:30]
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gribble MtGox lag is 56.21932 seconds. During this time, light travels 0.112662887817 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU). [17:30]
ThickAsThieves apparently site is under attack [17:31]
ThickAsThieves and tor cant protect it without a change [17:31]
error4733 every1 on BlackMarketreload :) [17:31]
assbot [HAVELOCK] [SDICE] 2 @ 0.33479993 = 0.6696 BTC [+] [17:32]
ThickAsThieves selling all those puts doesnt fit with this big dump though, right? [17:32]
mircea_popescu ;;ticker [17:33]
gribble BTCUSD ticker | Best bid: 139.12000, Best ask: 140.75000, Bid-ask spread: 1.63000, Last trade: 140.75000, 24 hour volume: 44073.82016531, 24 hour low: 137.45000, 24 hour high: 146.93000, 24 hour vwap: 143.02747 [17:33]
mircea_popescu heh. not rly. [17:33]
jborkl I think I have it figured out, and it is pretty damn smart. If not, I am going to do it [17:35]
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mircea_popescu jborkl do what ? [17:35]
jborkl What I think they are doing .. [17:36]
ThickAsThieves [10:34] I think I have it figured out, and it is pretty damn smart. If not, I am going to do it <--- so if it's dumb you're gonna join in? [17:37]
ThickAsThieves lemme see [17:37]
ThickAsThieves the sell the puts [17:37]
ThickAsThieves buy calls [17:37]
ThickAsThieves dump the btc [17:37]
mircea_popescu nah cause sold both [17:37]
ThickAsThieves ah [17:37]
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ThickAsThieves is the goal to stabilize the price? [17:38]
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ThickAsThieves if selling both, he wants neother to be profitable for the buyer [17:39]
ThickAsThieves neither* [17:40]
ThickAsThieves is that a safe assumption? [17:40]
mircea_popescu ;;bcstats [17:40]
gribble Current Blocks: 233918 | Current Difficulty: 1.0076292883418716E7 | Next Difficulty At Block: 235871 | Next Difficulty In: 1953 blocks | Next Difficulty In About: 1 week, 5 days, 4 hours, 57 minutes, and 0 seconds | Next Difficulty Estimate: 10612270.0477 | Estimated Percent Change: 5.31919 [17:40]
mircea_popescu nanotube ^ E7 :D [17:40]
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mircea_popescu ThickAsThieves i would imagine his thinking is that price is going up, so sold the puts, and in the case it goes a little under has the calls to pay him [17:41]
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ThickAsThieves so the dump is coincidence? [17:42]
mircea_popescu well probably. [17:42]
mircea_popescu for that matter, the puts/calls could be coincidence [17:42]
mircea_popescu ie, two diff people doing it at the same time [17:42]
ThickAsThieves too many coincidences in that case, imo [17:44]
mircea_popescu i think in the future bitcoin will make THE BEST detective/mystery stories [17:44]
ThickAsThieves not that superstition is the best financial strategy [17:45]
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ThickAsThieves i'm just glad i got some affordable calls [17:45]
ThickAsThieves probly a sign that i'm the sucker in the room... [17:46]
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assbot [HAVELOCK] [HIM] 1 @ 1.8999 BTC [+] [17:47]
mircea_popescu $depth O.USD.C143T [17:47]
mpexbot mircea_popescu: O.USD.C143T Bids: ['400 @ 0.155', '1000 @ 0.14212607', '1000 @ 0.14212607'] [17:47]
mpexbot mircea_popescu: Asks: ['1000 @ 0.30647073', '1000 @ 0.30647073'] [17:47]
mircea_popescu i dunno, everyone seems to want them [17:47]
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ThickAsThieves FF [17:48]
ThickAsThieves (fast fingers) [17:48]
ThickAsThieves what kind of collateral is need to write puts like that [17:50]
ThickAsThieves or is it done by peeps with credit accounts [17:50]
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mircea_popescu thousands of btc and who knows, maybe. [17:54]
assbot [HAVELOCK] [HIM] 10 @ 1.8601 = 18.601 BTC [-] [17:56]
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assbot [MPEX] [S.DICE] 350 @ 0.00319322 = 1.1176 BTC [-] [18:02]
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ThickAsThieves i assume more btc was paid to the seller, than the amount he has up for collateral? [18:07]
ThickAsThieves my idea is that the moves dont have so much to do with price movement, as accumulating more total btc [18:08]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.274 BTC [-] [18:09]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2701 BTC [-] [18:09]
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* ThickAsThieves adorns his trusty tinfoil hat [18:10]
ThickAsThieves okay, suppose the actor actually represents a great majority of the highest 5000btc of the bid book on Gox. Couldn't he sell those puts, dump 5000btc into mostly his own bids, driving price lower so he can now buy more btc at the new lower price? As long as he doesnt sell so low that he triggers the bot to excercise, he would be leveraging the btc to get more btc [18:12]
thestringpuller mircea_popescu how do you write so quickly [18:14]
assbot [MPEX] [S.MPOE] 2400 @ 0.000725 = 1.74 BTC [-] [18:14]
thestringpuller you write like a research paper worth of words a week [18:14]
ThickAsThieves this theory is obv half-baked, just thinking out loud [18:14]
thestringpuller ThickAsThieves: it's reasonable but the issue is the puts [18:15]
thestringpuller right? [18:15]
ThickAsThieves only if price drops too low [18:15]
thestringpuller yea but even then you can get whiplash like mircea indicated [18:15]
assbot [HAVELOCK] [KCIM] 1 @ 1.4689 BTC [+] [18:16]
ThickAsThieves maybe that depends on how large of a manipulator the actor really is [18:16]
ThickAsThieves if they can deal in 5000btc of puts, odds are they are a pretty big deal [18:16]
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thestringpuller i think you underestimate the sensitive of the market panicking during "moves" [18:19]
ThickAsThieves there are other holes in my theory though [18:19]
thestringpuller sensitivity* [18:19]
ThickAsThieves like why fluff the bid book in this case [18:19]
mircea_popescu thestringpuller i have a spare pair of hands [18:19]
mircea_popescu i assume more btc was paid to the seller, than the amount he has up for collateral? << now what sense does this make !? [18:19]
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ThickAsThieves none if i'm wrong [18:20]
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thestringpuller mircea_popescu: so you have four arms to finger four girls simultaneously [18:20]
mircea_popescu but the collateral you post is ALWAYS going to be more than what you get selling. [18:20]
mircea_popescu thestringpuller totally :D [18:20]
mircea_popescu but yes, i'm an intellectual. we write. [18:20]
ThickAsThieves but some actors have credit accounts no? [18:20]
mircea_popescu we read, we write, we process information. modern day mentats. [18:20]
mircea_popescu ThickAsThieves yeah. [18:21]
thestringpuller I try to write, but it's difficult to care. [18:21]
ThickAsThieves so in that case collateral is nil [18:21]
mircea_popescu well, if you withdraw from a margined account it goes to cover margin first. [18:21]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.289 BTC [+] [18:21]
thestringpuller in the sense it's difficult to find the right words [18:21]
ThickAsThieves ah [18:21]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.271 BTC [-] [18:21]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2701 BTC [-] [18:21]
thestringpuller dude I think we're gonna see a bear assembly soon [18:22]
thestringpuller ;;market sell 10000 [18:22]
gribble A market order to sell 10000 bitcoins right now would net 1351903.9426 USD and would take the last price down to 132.0000 USD, resulting in an average price of 135.1904 USD/BTC. | Data vintage: 22.9025 seconds [18:22]
mircea_popescu like why fluff the bid book in this case << what's that mean ? [18:22]
thestringpuller ;;market sell 20000 [18:22]
gribble A market order to sell 20000 bitcoins right now would net 2637090.8720 USD and would take the last price down to 125.1100 USD, resulting in an average price of 131.8545 USD/BTC. | Data vintage: 34.7641 seconds [18:22]
thestringpuller ;;market sell 30000 [18:22]
gribble A market order to sell 30000 bitcoins right now would net 3865234.4410 USD and would take the last price down to 121.1000 USD, resulting in an average price of 128.8411 USD/BTC. | Data vintage: 44.3863 seconds [18:22]
ThickAsThieves dont worry, your answers make my theory totally wrong [18:22]
mircea_popescu kakobrekla https://bitcointalk.org/index.php?topic=188735.msg1985011#msg1985011 epic man. [18:23]
mircea_popescu just... epic. [18:23]
thestringpuller :P [18:23]
mircea_popescu also thestringpuller, you can finger two girls with one hand [18:24]
ThickAsThieves fingerbangonomics [18:24]
thestringpuller I've tried too hard. [18:24]
thestringpuller !ticker m ^OIX [18:29]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 59.0473661 / 191.28391806 / 197.76214913 (639 shares, 153.26 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [18:29]
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assbot [BTCTC] [S.MPOE-PT] 24 @ 0.000679 = 0.0163 BTC [+] [18:33]
assbot [BTCTC] [RSM] 8 @ 0.0051 = 0.0408 BTC [+] [18:33]
mircea_popescu https://bitcointalk.org/index.php?topic=187730.0;all [18:36]
mircea_popescu i find it incredible how much time this person has. [18:36]
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ThickAsThieves me too [18:37]
ThickAsThieves i gave up following the whole usagi thing [18:37]
ThickAsThieves anything that takes that much explaining can't be good [18:38]
mircea_popescu absolutely. [18:38]
jborkl all that for 100 oz of silver? so 16 btc market cap :/ [18:41]
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mircea_popescu tyeah [18:46]
mircea_popescu people somehow miss on this. options trade on mpex today ? 10k btc or w/e [18:46]
mircea_popescu usagi silve fund total nominal value ? 16 btc. [18:46]
mircea_popescu ;;calc 10000/16 [18:46]
gribble 625 [18:46]
mircea_popescu takes 625 usagis a day. [18:46]
jcpham http://jcph.am/2013/04/30/tuesday-music-trio/ [18:47]
jcpham listen to some music and forget about bitcoin [18:47]
jcpham especially the third one [18:47]
mircea_popescu there's three bitcoins ? [18:47]
ThickAsThieves truffles, no one had to justify bitocin to me [18:47]
jcpham yes only three bitcoins left [18:48]
jcpham act now. limite supplies. [18:48]
ThickAsThieves not what i said [18:49]
ThickAsThieves also, context [18:49]
jcpham that's a lot of usagis [18:49]
ThickAsThieves english is not my first language [18:50]
mircea_popescu what srsly ?! [18:50]
ThickAsThieves kidding [18:50]
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jborkl numa numa was just on the radio [18:50]
jborkl requested for mp [18:51]
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mircea_popescu lol [18:51]
assbot [HAVELOCK] [HIM] 4 @ 1.8601 = 7.4404 BTC [-] [18:52]
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ThickAsThieves no worries, i know i can be a little loose with my words [19:06]
assbot [MPEX] [S.MPOE] 7149 @ 0.000725 = 5.183 BTC [-] [19:09]
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mircea_popescu http://polimedia.us/trilema/2013/why-finance-shouldnt-be-open-to-your-average-schmoe/ [19:12]
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jborkl I just went to BTCjam , never go there [19:19]
jborkl filter by otc - no listings [19:20]
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Girlfawkesy what about the gox listings? [19:25]
Girlfawkesy not that I think this is a good idea [19:26]
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assbot [HAVELOCK] [SDICE] 1 @ 0.321 BTC [-] [19:31]
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assbot [MPEX] [O.USD.C143T] 5 @ 0.30452304 = 1.5226 BTC [+] [19:34]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.24061 BTC [-] [19:37]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2406 BTC [-] [19:37]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.231021 BTC [-] [19:37]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.23102 = 6.1551 BTC [-] [19:37]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.23091 = 3.6927 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2255 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 8 @ 1.2254 = 9.8032 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.225325 = 2.4507 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.22523 = 2.4505 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.225 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.217 = 2.434 BTC [-] [19:38]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.216957 BTC [-] [19:38]
assbot [HAVELOCK] [VTX] 1 @ 0.471 BTC [+] [19:39]
assbot [HAVELOCK] [VTX] 1 @ 0.471699 BTC [+] [19:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.216957 BTC [-] [19:39]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.24001 BTC [+] [19:48]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.24 BTC [-] [19:48]
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assbot [MPEX] [O.USD.P143T] 2 @ 0.49662084 = 0.9932 BTC [-] [19:50]
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assbot [MPEX] [S.BBET] 15000 @ 0.00100005 = 15.0008 BTC [-] [19:51]
assbot [MPEX] [S.BBET] 100 @ 0.00199994 = 0.2 BTC [+] [19:51]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.24999 BTC [+] [19:53]
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mircea_popescu 27s Litecoin followed you 49s Devcoin followed you 1m Namecoin followed you 1m [19:56]
mircea_popescu PPCoins followed you 1m Bitcoin followed you [19:56]
mircea_popescu da fuck [19:56]
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Girlfawkesy you forgot about feathercoins, the latest craze [20:00]
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mircea_popescu well they forgot about me [20:03]
mircea_popescu i just got massfollowed by all the coinz [20:03]
Girlfawkesy too many coins, its a problem [20:06]
jcpham matonis linked this forbes article full of DPR quotes [20:10]
jcpham i've been readinf or some time now [20:10]
jcpham http://www.forbes.com/sites/andygreenberg/2013/04/29/collected-quotations-of-the-dread-pirate-roberts-founder-of-the-drug-site-silk-road-and-radical-libertarian/3/ [20:11]
jcpham there's a lot. he reads half adult/half child [20:11]
jcpham like peter pan [20:12]
mircea_popescu i saw some this morn in my digest [20:13]
mircea_popescu wasn't too impressed. [20:13]
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jcpham i'm not going to be surprised to find out SR is run by a kid [20:15]
jcpham if/when that day comes [20:15]
mircea_popescu like 16 ? yeah. [20:15]
Framedragger well, SR used to run a mysqld with debugging mode enabled, so each time there was a DB error (and there were quite a few), users would get a specimen of the system's internals. [20:17]
Framedragger the internals seemed like a default LAMP stack to me. but afaik this has changed. well if they're a kid, they are surely learning to scale their infrastructure/business etc. :) [20:17]
benkay death is a downside cost of war? i thought it was a cheap way to get rid of excessively violent youths... [20:17]
benkay heh. [20:18]
benkay @ lamp stack [20:18]
Framedragger but yeah, the agorist sentiments are at a relatively naive level if i may say so. but hey.. :) [20:18]
assbot [BTCTC] [CRYPTO-TRADE] 4 @ 0.1602 = 0.6408 BTC [-] [20:19]
assbot [BTCTC] [CRYPTO-TRADE] 5 @ 0.1601 = 0.8005 BTC [-] [20:19]
assbot [BTCTC] [CRYPTO-TRADE] 3 @ 0.16 = 0.48 BTC [-] [20:19]
Framedragger yeah, i'm quite sure that at least it used to be apache + mysql + php, probably with default configs on a default ubuntu or sth. :) [20:19]
benkay how many times has sr been hacked? [20:19]
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Framedragger i only recall one (really) major security breach, pwd / pwd hashes stolen etc. it was a long time ago, probably in its LAMP infancy days [20:20]
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Framedragger they hired folks to harden security / rewrite things [20:21]
jcpham http://nashx.com/About [20:21]
jcpham looks more interesting [20:21]
assbot [MPEX] [S.MPOE] 9450 @ 0.000725 = 6.8513 BTC [-] [20:24]
Framedragger nice one [20:25]
Framedragger "The amount you risk should be twice the amount you're trading in order to keep the deal in Nash equilibrium." [20:25]
Framedragger coolcool, actually looks interesting / i get the idea [20:25]
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assbot [BTCTC] [COGNITIVE] 7 @ 0.1991 = 1.3937 BTC [+] [20:32]
mircea_popescu he was here a fewe days ago discussing it. [20:36]
mircea_popescu ;;eauth mircea_popescu [20:36]
gribble Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452 [20:36]
mircea_popescu ;;everify freenode:#bitcoin-otc:0d7b2025f98ee246e08189ba63da58a91aa92dc3142a56e80c32a778 [20:37]
gribble You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452 [20:37]
mircea_popescu ;;rate Girlfawkesy 1 my btc-e broker. [20:37]
gribble Rating entry successful. Your rating of 1 for user Girlfawkesy has been recorded. [20:37]
jcpham http://pastebin.com/skGagP0X [20:38]
jcpham something about OVH and bitcoin site [20:38]
jcpham and brute forcing a password function [20:38]
mircea_popescu ;;later tell davout you seen http://pastebin.com/skGagP0X ? [20:39]
gribble The operation succeeded. [20:39]
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jcpham looks pretty big [20:40]
mircea_popescu yah [20:40]
assbot [MPEX] [S.MPOE] 31498 @ 0.000725 = 22.8361 BTC [-] [20:41]
assbot [MPEX] [S.MPOE] 12350 @ 0.00072153 = 8.9109 BTC [-] [20:41]
assbot [MPEX] [S.MPOE] 2137 @ 0.00072 = 1.5386 BTC [-] [20:41]
error4733 haha mp i'm sur davout saw that :) [20:41]
mircea_popescu error4733 i think it's likely too, but you know, just in case. [20:42]
mircea_popescu if he didn't and nobody said anything cause sure he did... sucks to be him lol [20:42]
jcpham https://news.ycombinator.com/item?id=5632479 [20:42]
jcpham http://forums.ovh.net/showthread.php?p=548183 [20:43]
topace !ticker m s.dice [20:43]
assbot [MPEX:S.DICE] 1D: 0.00315598 / 0.0032441 / 0.00343999 (6603 shares, 21.42 BTC), 7D: 0.0023263 / 0.00295439 / 0.00349938 (39083 shares, 115.47 BTC), 30D: 0.0012 / 0.00311033 / 0.00439999 (940537 shares, 2,925.39 BTC) [20:43]
topace !ticker h sdice [20:44]
assbot [HAVELOCK:SDICE] 1D: 0.32000000 / 0.322025 / 0.33480000 (40 shares, 12.88099987 BTC), 7D: 0.27500001 / 0.30852573 / 0.33480000 (633 shares, 195.29678962 BTC), 30D: 0.12500000 / 0.31325339 / 0.44969999 (6343 shares, 1986.96624734 BTC) [20:44]
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jcpham TL;DR: Here's what happened. When a password reset is submitted, the user receives a random URL by email containing a random 21 letter string. The algorithm used was bad, so the random string could be brut-forced. [20:45]
jcpham The OVH team researched 3 years of password changelogs and found 3 customers who had been brute-forced that way, all in the "bitcoin community" [20:45]
jcpham sorry i wanted to make sense of what i read [20:45]
mircea_popescu yeah [20:47]
imsaguy because the bitcoin community typically has the maturity of a 12 y/o [20:47]
imsaguy "Here, hold all of my precious" [20:47]
mircea_popescu no, because the btc community has more money than all the internet combined. [20:47]
jcpham these cloud hoster will continually be infiltrated [20:47]
jcpham *hosters [20:47]
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jcpham most likely that isn't going away [20:48]
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mircea_popescu yea [20:48]
imsaguy anytime you put something in the cloud, you're risking it [20:48]
jcpham run a bitcoin based business on some rented platform -> get hacked [20:48]
imsaguy there's something to be said about physical security [20:48]
jcpham in this world, yes [20:48]
imsaguy the minute you give that up.. you'll be hosed [20:48]
jcpham for sure [20:48]
imsaguy its just a matter of time [20:48]
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mircea_popescu We have been in contact with these clients but the quality of our exchanges did not allow us to get enough information that would help reveal an vulnerability on our side. Our developpers have in a completely independant way found the issue mentionned above, and only then have we realised that there was a link between our flaw and these 3 customers. We certainly have something to learn here about the best way to ensure [20:58]
mircea_popescu dialog with clients about this kind of issue. [20:58]
mircea_popescu this is some decent pr ovh has going. [20:59]
assbot [BTCTC] [PAJKA.BOND] 9 @ 0.1 = 0.9 BTC [-] [21:00]
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Framedragger ovh is typically not really good with client communication (personal limited experience) [21:00]
benkay all that said, there's no guarantee that owning your own boxes gets you anything [21:02]
mircea_popescu more generally, there's no guarantee. [21:03]
mircea_popescu also on the long term we're all hosed [21:03]
mircea_popescu in the burial way. [21:03]
benkay so have some damn fun! [21:03]
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Framedragger in the entropy way, too.. [21:04]
Framedragger benkay: sure, unless you / or your hire really know(s) what you/they're doing. running bitcoind under multiple layers of virtualization/isolation (e.g. bsd jails + virtualbox + chroot) is a start [21:04]
Framedragger at the very least, that way you at least may attempt to evaluate your risks, possible attack vectors etc. not with cloud hosting / whatever - parts of the hosting infrastructure remain hidden from the client (or their implementations). which generally sucks when somebody discovers that times have changed and some of those hosted machines are now storing highly valuable assets [21:06]
Framedragger if you're going to run bitcoind on a $30 Kimsufi rented server with root password reset capabilities in your 'customer control panel', you're gonna have a hard time [21:07]
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assbot [BTCTC] [ASICMINER-PT] 7 @ 1.25396 = 8.7777 BTC [+] [21:10]
assbot [MPEX] [S.MPOE] 4815 @ 0.00071954 = 3.4646 BTC [-] [21:15]
assbot [MPEX] [S.MPOE] 2650 @ 0.00072491 = 1.921 BTC [+] [21:15]
assbot [MPEX] [S.MPOE] 9035 @ 0.00072623 = 6.5615 BTC [+] [21:16]
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KRS-1 lol this is madness today compared to lately [21:18]
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benkay what's the madness, KRS-1? [21:19]
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mircea_popescu http://www.youtube.com/watch?v=CvPdgkD5LA8 lol [21:20]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 1.25398 BTC [+] [21:22]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.25398 BTC [+] [21:22]
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assbot [MPEX] [S.MPOE] 15531 @ 0.00072623 = 11.2791 BTC [+] [21:24]
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KRS-1 oh just saying how the buy/sell order volume is there but then pulled back and then there again [21:29]
KRS-1 its been pretty quiet til today, a bit more movement..maybe madness was overdoing it a bit [21:29]
mircea_popescu ;;ticker [21:29]
gribble BTCUSD ticker | Best bid: 136.88697, Best ask: 137.12099, Bid-ask spread: 0.23402, Last trade: 137.12100, 24 hour volume: 53204.21184346, 24 hour low: 136.00000, 24 hour high: 146.93000, 24 hour vwap: 141.41656 [21:29]
KRS-1 This is a pretty good song [21:31]
KRS-1 Is that one dude in the background you? [21:31]
KRS-1 lol [21:31]
thestringpuller what's causing the drop? [21:33]
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thestringpuller I feel like the bondholders saw the puts that were sold to the bot and dropped the price... [21:35]
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thestringpuller CONSPIRACY [21:35]
mircea_popescu lol [21:36]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.25399 BTC [+] [21:38]
assbot [BTCTC] [ASICMINER-PT] 5 @ 1.254 = 6.27 BTC [+] [21:38]
thestringpuller ;;ticker [21:38]
gribble BTCUSD ticker | Best bid: 135.31001, Best ask: 135.40000, Bid-ask spread: 0.08999, Last trade: 135.40000, 24 hour volume: 54369.04427953, 24 hour low: 135.48000, 24 hour high: 146.93000, 24 hour vwap: 141.29665 [21:38]
assbot [BTCTC] [ASICMINER-PT] 10 @ 1.255 = 12.55 BTC [+] [21:38]
assbot [BTCTC] [ASICMINER-PT] 20 @ 1.259999 = 25.2 BTC [+] [21:38]
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assbot [BTCTC] [ASICMINER-PT] 2 @ 1.26985 = 2.5397 BTC [+] [21:38]
thestringpuller tiberiusiv: what do you even do in bitcoinland [21:38]
assbot [BTCTC] [ASICMINER-PT] 7 @ 1.27 = 8.89 BTC [+] [21:38]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.27195 = 2.5439 BTC [+] [21:39]
thestringpuller so you do nothing? [21:39]
thestringpuller COOL [21:39]
assbot [BTCTC] [ASICMINER-PT] 2 @ 1.27795 = 2.5559 BTC [+] [21:39]
thestringpuller Can I invest in you? [21:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.299 BTC [+] [21:39]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.2997 = 3.8991 BTC [+] [21:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.2998 BTC [+] [21:39]
assbot [BTCTC] [ASICMINER-PT] 4 @ 1.29998 = 5.1999 BTC [+] [21:40]
assbot [BTCTC] [ASICMINER-PT] 3 @ 1.29999 = 3.9 BTC [+] [21:40]
thestringpuller tiberiusiv the man who criticizes without any credentials [21:40]
assbot [BTCTC] [ASICMINER-PT] 9 @ 1.3 = 11.7 BTC [+] [21:40]
thestringpuller intellectualism to the extreme! [21:40]
assbot [BTCTC] [ASICMINER-PT] 30 @ 1.3 = 39 BTC [+] [21:40]
thestringpuller you must be the smartest person I know! [21:40]
KRS-1 u mad tiberiusiv [21:41]
KRS-1 y u mad brah [21:41]
thestringpuller ;;gribble tell tiberiusiv I WON'T BE IGNORED!!!!!!! [21:41]
gribble yes I am gribble. why do you keep bothering me? [21:41]
KRS-1 dun be mad brah [21:41]
thestringpuller ;;tell tiberiusiv I WON'T BE IGNORED!!!!!!! [21:41]
KRS-1 seriously...u mad? [21:41]
thestringpuller ;;later tell tiberiusiv I WON'T BE IGNORED!!!!!!! [21:41]
gribble The operation succeeded. [21:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.29999 BTC [-] [21:41]
thestringpuller ;;later tell tiberiusiv I have 75 btc now liquid. Soon I will have a few hundred as things grow. [21:42]
gribble The operation succeeded. [21:42]
thestringpuller ;;later tell tiberiusiv You are a poop who has no rational statements to use because you'd rather be accusatory rather than contribute anything of value to society, like a greedy American addicted to the allure of wealth. [21:43]
gribble The operation succeeded. [21:43]
assbot [HAVELOCK] [HIM] 1 @ 1.898 BTC [+] [21:43]
assbot [HAVELOCK] [HIM] 1 @ 1.898 BTC [+] [21:43]
thestringpuller :D [21:43]
assbot [BTCTC] [ASICMINER-PT] 1 @ 1.30999 BTC [+] [21:43]
thestringpuller he's not pokceting coins dude [21:45]
thestringpuller they pay out pretty much the same dividends every month... [21:45]
thestringpuller MPOE doesn't keep any cash on hand [21:46]
thestringpuller It lost bondholder money [21:46]
thestringpuller not any money of it's own [21:46]
mircea_popescu https://bitcointalk.org/index.php?topic=178535.0 [21:46]
mircea_popescu betbtcnow.com ? never heard of it. [21:46]
thestringpuller so your point is bondholders put up capital, .23~ loss per coin [21:47]
thestringpuller = scam [21:47]
thestringpuller proof of faking trades? [21:47]
thestringpuller anonymous shareholders != scam [21:48]
thestringpuller dude you're making bs claims with no evidence [21:49]
thestringpuller in terms of faking tarades [21:49]
thestringpuller Bugpowder is up 1500% [21:50]
assbot [MPEX] [S.MPOE] 2884 @ 0.00072623 = 2.0944 BTC [+] [21:50]
thestringpuller because it's not? [21:51]
thestringpuller how? [21:51]
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thestringpuller dude MPOE doesn't hold capital [21:52]
thestringpuller so he won't run out of money [21:52]
thestringpuller dude the bondholder list is huge [21:53]
jcpham apparently someone just sent 40 btc to SD in -otc and lost it [21:53]
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thestringpuller because you're full of shit [21:53]
jcpham hurrr [21:53]
thestringpuller it amuses me how accusatory you are [21:54]
Framedragger ouch re: 40btc [21:54]
thestringpuller i'm far from broke? [21:54]
jcpham tiberiusiv how can i make money [21:54]
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jcpham fine ignore me [21:56]
assbot [BTCTC] [S.DICE-PT] 1 @ 0.003625 BTC [+] [22:02]
assbot [BTCTC] [S.DICE-PT] 99 @ 0.003625 = 0.3589 BTC [+] [22:03]
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benkay thestringpuller: http://polimedia.us/trilema/2013/mpoe-march-2013-statement/ [22:07]
benkay mircea is 68K of 84K in bondholder capital [22:07]
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benkay only 80.9% [22:08]
benkay and this month, only 6.4 kbtc in bonds were sold [22:09]
benkay but at 12.5% [22:09]
benkay that's a pretty steep rate [22:09]
benkay needs to be, to induce people to put up bonds that are almost guaranteed to take huge writedowns [22:10]
mircea_popescu benkay only 6.4 in bonds were needed. [22:11]
deadweasel projected expenses, right? [22:11]
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benkay how is necessary bond capital determined? the bot says "I want to underwrite bonds!" and then does so? [22:12]
mircea_popescu retroactively. looks how much exposure it had at the point it had the most exposure. [22:13]
benkay nobody's modeling anything [22:17]
benkay nobody's writing this shit up [22:17]
benkay it's just a bunch of opionions flying back and forth on irc [22:17]
benkay you have a claim [22:17]
benkay so, what would be a good metric for evaluating this claim? [22:18]
Framedragger "lawless romania" haha right [22:18]
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xire dun dun dun dun dun da da [22:19]
xire here in romania, we make own rules [22:19]
Framedragger kinda need citations to support these claims, only because ISPs do not prosecute scriptkiddies there does not mean much [22:19]
Framedragger to actual studies operationalizing such terms as (lol) 'fraud capital' :) [22:20]
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Framedragger i can also buy a cop in my hometown, though not sure of price :P [22:21]
xire tiberiusiv, what country are you from? [22:21]
deadweasel tiberiusiv: eat my cock, welcome to ignore for the 5th time this month. [22:21]
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Framedragger lol, did you read the article you linked to mate, it doesn't really say anything apart from mentioning the keywords that matched your google query [22:24]
deadweasel tiberiusiv doesn't take anything in, he merely spews outward [22:24]
Framedragger "But outside these run-down flats, the streets are full of expensive, fast cars that are a marked contrast to their surroundings. [same in many countries, saw that in sarajevo, etc] The hackers like to show off their wealth and power with these high-powered vehicles, which they race through the streets at night. [this does not follow from the prev sentence" [22:25]
Framedragger not sure why i'm responding though :( [22:25]
jcpham so tiberiusiv do you know mircea_popescu [22:25]
jcpham i'm curious about your motivations [22:25]
jcpham normally people are vocal about this sort of thing have some one else pulling the strings, so to speak [22:26]
jcpham so it seems odd, unfounded, not genuine. [22:26]
deadweasel thestringpuller!!! it's you! [22:26]
jcpham not really. fuck him [22:26]
jcpham i don't know him [22:26]
deadweasel ^ [22:26]
deadweasel ditto [22:26]
jcpham but i am curious about your motivations [22:26]
jcpham at this point [22:27]
jcpham are you sure about that? [22:27]
jcpham i'm going to believe you for now i guess [22:27]
benkay what about s.dice? is that a scam as well? [22:27]
deadweasel bitcoins at any price over 8$ are a scam, go tell #bitcoin-anal about it [22:27]
jcpham but your outspoken nature on romanians is highly suspect [22:27]
benkay so are MP's on "niggers" [22:27]
mircea_popescu pfff. [22:28]
benkay just elbowing you [22:28]
jcpham smh [22:28]
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mircea_popescu so bitcoin is a scam or what [22:28]
benkay sdice is an awesome example of what happens in economies that think they're unregulatable [22:29]
jcpham i think it might be a scam mircea_popescu [22:29]
mircea_popescu jcpham brb gotta post on my blog. [22:29]
jcpham oh wait tiberiusiv said it isn't a scam now [22:29]
jcpham i thought it was a scam a minute ago [22:29]
jcpham my mistake. [22:29]
jcpham totally [22:29]
jcpham can i be a scam too? [22:30]
jcpham will you tell people [22:30]
jcpham super [22:30]
mircea_popescu wait what ? [22:31]
jcpham how many bitcoins do i need to posses to own a "few" [22:31]
mircea_popescu im confused. [22:31]
jcpham what's the arbitrary number [22:31]
jcpham that makes me cool [22:31]
mircea_popescu jcpham 13, as established by uppittytortilla [22:31]
jcpham i got that [22:31]
jcpham toattally in the cool kids club [22:31]
mircea_popescu k send them to me now [22:31]
jcpham psssh [22:31]
jcpham scammer [22:31]
benkay FOAR TEH BONDS [22:31]
jcpham romanian scammer [22:31]
mircea_popescu send them to me or you don't go to the supernode. [22:31]
jcpham fuck [22:32]
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jcpham i need it for Helsinki [22:32]
mircea_popescu 1sendhereorelsenosupernode1254 [22:32]
jcpham 1.5 class suernode [22:32]
rigacrypto anyone knows a good bitcoin trading channel ? [22:32]
jcpham not this one [22:32]
dub #bitcoin-spacedicks [22:32]
mircea_popescu rigacrypto this but romanians aren't allowed so. [22:33]
jcpham 1-2 btc is not a percentage of my total ealth [22:33]
jcpham i do percentages [22:33]
dub jcpham is a semenair [22:33]
mircea_popescu 1-2 btc is FIDDY PERCENTAGES [22:33]
jcpham dub what?!? thaere's semen in the air!>!?! [22:33]
mircea_popescu of your total poverty [22:33]
jcpham hundredaire [22:34]
jcpham popping cola bottles [22:34]
rigacrypto anybody shorting bitcoins ? [22:34]
jcpham i don't even think i can link you to wallet i controll with a lot of coins [22:34]
jurov you naughtaires [22:34]
jcpham sorry to disappoint [22:34]
rigacrypto what's your entry point and when do you plan to close the position ? [22:34]
deadweasel drinkin' tap water [22:35]
jurov rigacrypto: here ppl prefer mpoe options as "entry points" [22:35]
jcpham shorting? like long term shorting [22:35]
jborkl pfft , I won't use a 1.5 supernode [22:35]
jborkl only 1.49 or better [22:36]
jcpham or just short term- shorting like today [22:36]
assbot [HAVELOCK] [VTX] 1 @ 0.471 BTC [-] [22:36]
rigacrypto long term. never fight the bots [22:36]
jcpham wow [22:36]
rigacrypto @jurov: ok [22:36]
jcpham but the bots are the market [22:36]
assbot [HAVELOCK] [SDICE] 1 @ 0.32701996 BTC [+] [22:37]
jcpham i have a hard time planning anything for more than afew hours [22:37]
rigacrypto the market is made of hype-controlled people [22:37]
jcpham or hype-producing people... [22:37]
rigacrypto analyze the hype cycle and you can guess the market [22:37]
jurov and rigacrypto, my ex-boss asked me the same some time ago [22:37]
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jurov the best answer around was "don't buy bitcoins at all" [22:38]
assbot [HAVELOCK] [SDICE] 1 @ 0.3211 BTC [-] [22:38]
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jcpham rigacrypto i couldn't stay short for more than a few hours [22:38]
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jborkl the hype circle jerk is in -otc and I would'nt stick micrea-popescus dick in that shithole of a channel [22:38]
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rigacrypto a better strategy: long when it's low and short when it's high :D [22:39]
jcpham they are talking about btcjam loans still [22:39]
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jurov rigacrypto: right now it is low or high? [22:39]
jurov a million bitcoins question :D [22:39]
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rigacrypto at 160, my entry point, it was high; I wonder the same thing now :) [22:39]
jcpham i still think we're correcting to 4 digits [22:39]
jborkl i think right now there is one buyer and one seller [22:40]
jcpham might take 9 months [22:40]
jcpham though [22:40]
jurov let's divide us to bulls, bears and boars and vote [22:40]
benkay on what timeframe, jurov ;) ? [22:41]
jurov medium short-to-long term [22:41]
dub rigacrypto: there is #bitcoin-analysis but its turning into -otc [22:42]
rigacrypto the dumber the better. good proxy for market sentiment [22:43]
rigacrypto otc it is then [22:43]
mircea_popescu gl. [22:43]
jurov oh, then there's btc-e trollbox (but it's mostly about ltc) [22:44]
dub how is ltc doing, any panic from the looming lukepocalypse? [22:46]
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jurov no change recently [22:47]
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jurov hovering above 0.03 btc [22:47]
jurov i hope that attack coincides with mtgox launch...for moar drama [22:48]
benkay attack? [22:49]
jurov benkay, luke-jr promises to 51% litecoin [22:49]
benkay nice [22:50]
benkay why? [22:50]
jurov supposedly it users scrypt wrongly and prone to fpgas [22:50]
dub because alt coins are bad [22:50]
dub and bitcoin needs more drama [22:50]
benkay let's all waste the one asset we never get more of [22:51]
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jurov maybe bitcoin became sentient AI and hates competitors and it's hungry for drama [22:52]
jurov and miners are his minions [22:52]
mircea_popescu why? << because he'd like people to think he still has miner relevance. [22:52]
mircea_popescu i guess in the end he'll attack ppcoin or something [22:53]
dub kinda surprised he hasnt [22:53]
jurov iirc ppcoin uses merged mining with btc [22:54]
dub no it doesnt, or he would have [22:54]
ThickAsThieves cuz attacking a coin is great for your rep [22:54]
ThickAsThieves look at how much we adored the devs after the bitcoin fork [22:55]
mircea_popescu lol [22:55]
dub there will be some ideological resason that makes sense only to the type of person that would rape his wife with his four kids in the bed next to them [22:55]
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jcpham i'd help luke 51% litecoin [22:56]
jcpham for sure [22:56]
jcpham when does that happen [22:56]
jcpham because i can? [22:56]
ThickAsThieves it's the productive thing to do [22:56]
mircea_popescu wednesday after lent. [22:56]
jcpham litecoin has no value [22:56]
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jcpham other than to hedge against bitcoin [22:56]
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mircea_popescu dub pix ? [22:56]
ThickAsThieves thus attacking litecoin has value? [22:56]
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jcpham it's neat and all....and that's a neat value [22:56]
jcpham but sort of pointless [22:57]
mircea_popescu http://polimedia.us/trilema/2013/why-finance-shouldnt-be-open-to-your-average-schmoe/#comment-92985 [22:57]
ThickAsThieves making an attack even more pointless [22:57]
mircea_popescu is that tibby ? [22:57]
jcpham ThickAsThieves so i should quit now? [22:57]
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assbot [MPEX] [S.MPOE] 5800 @ 0.00073864 = 4.2841 BTC [+] [22:58]
jcpham i hate litecoin because i missed the pump and dump [22:58]
ThickAsThieves let the kids have their fun i say [22:58]
jcpham during $260 bitcoins [22:58]
mircea_popescu jcpham you know what ? i missed it too [22:58]
mircea_popescu bought them cheap sold like 25% of the way up [22:58]
jcpham jeez it was epic [22:58]
dub mircea_popescu: I can answer that question:- because bitcoin [22:59]
ThickAsThieves i thought i was all fancy selling my litecoins at like .026 [22:59]
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ThickAsThieves then it kept going [22:59]
jcpham they got up to like $10 or something right [22:59]
jcpham maybe 5$ [22:59]
ThickAsThieves .04+ i think [22:59]
jcpham way too much [22:59]
mircea_popescu dub which q are you answering ? [22:59]
ThickAsThieves all questions [22:59]
dub why-finance-shouldnt-be-open-to-your-average-schmoe/ [22:59]
mircea_popescu a a. myeah. [23:00]
jcpham omg mircea_popescu [23:00]
jcpham i already clowned on him in -otc [23:00]
jcpham talk about a 1st owrld problem [23:01]
jcpham his house looks fine [23:01]
mircea_popescu no dude. [23:01]
mircea_popescu must spend 200 btc to add a balcony. [23:01]
jcpham retarded [23:01]
ThickAsThieves ;;ticker [23:01]
gribble BTCUSD ticker | Best bid: 136.01000, Best ask: 137.75000, Bid-ask spread: 1.74000, Last trade: 137.87980, 24 hour volume: 60555.46093699, 24 hour low: 134.00000, 24 hour high: 146.93000, 24 hour vwap: 140.33742 [23:01]
mircea_popescu (i had no idea wtf he's doing at the time of writing, but anyway) [23:02]
ThickAsThieves nice spread [23:02]
jcpham it's a laughable forum post [23:02]
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assbot [BTCTC] [COGNITIVE] 5 @ 0.2 = 1 BTC [+] [23:07]
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assbot [BTCTC] [COGNITIVE] 1 @ 0.2 BTC [+] [23:07]
assbot [BTCTC] [COGNITIVE] 1 @ 0.2 BTC [+] [23:07]
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mircea_popescu ah finally! [23:25]
mircea_popescu ;;eauth mircea_popescu [23:25]
gribble Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452 [23:25]
mircea_popescu ;;everify freenode:#bitcoin-otc:8689fa94da1f1eb79f997983fc12ba991db3bad46a67ddd64eae7819 [23:26]
gribble You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452 [23:26]
mircea_popescu win. [23:26]
mircea_popescu it works here too now. [23:26]
Framedragger oh, nice. [23:28]
mircea_popescu "The difference between the Valley and Eastern Europe is that in the Valley spammers get VC funding. Also, the spam is beautifully designed." [23:29]
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KRS-1 p33r for now i have j00 key [23:38]
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assbot [BTCTC] [COGNITIVE] 5 @ 0.2 = 1 BTC [+] [23:43]
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Luke-Jr jurov: eh, when did I promise that? [23:48]
jurov lemme check [23:49]
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assbot [BTCTC] [BTC-BOND] 1 @ 0.0101 BTC [+] [23:51]
jurov Luke-Jr: okay, seems you "just" [23:51]
jurov spread a rumor [23:51]
Luke-Jr also won't be me doing it [23:52]
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kakobrekla a followup https://bitcointalk.org/index.php?topic=188735.msg1988722#msg1988722 [23:54]
mircea_popescu lmai [23:56]
kakobrekla is like [23:56]
kakobrekla id code it 10 years ago [23:56]
kakobrekla : [23:56]
kakobrekla (when i was 15) [23:57]
kakobrekla maybe id do a better job [23:57]
kakobrekla even. [23:57]
* rigacrypto is now known as rexcrypto [23:58]
mircea_popescu ya i was thinking, yet anoither kid with php doing an exchange. [23:58]
kakobrekla well, its not the phps fault, just cause some idiots drive into a wall cars are not inheritly bad [23:59]
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