Forum logs for 30 Mar 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
LordCanti at some point in the future the "retards" who don't know a lick about how it works will trust it, I hope [00:00]
mircea_popescu bitcoin is perfect for that. [00:00]
mircea_popescu LordCanti doesn't even matter if they "trust" it. they just do what the rest do. [00:00]
mircea_popescu they trust facebook do they not ? [00:00]
LordCanti true [00:00]
mircea_popescu what if the govt mandated they hand over the information they put on fb ? [00:00]
mircea_popescu rabble rabble. [00:00]
mircea_popescu bleat bleat bleat. [00:00]
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LordCanti I mean, they will just need a cursory understanding of how to send and recieve bitcoins [00:00]
terry some one guy having ~1.7% of the total 21 million coins is a great idea! [00:00]
LordCanti and when you think of that, it's actually far easier than most other payment methods [00:01]
mircea_popescu unless there's some layer built on top of them and bitcoin itself is just fractional reserve currency [00:01]
IcePee mircea_popescu, is it true that alot of financial boffins use BTC? [00:01]
LordCanti put in the address, sent [00:01]
LordCanti give your address to receive [00:01]
mircea_popescu IcePee not yet. but it has significant advantages, so its likely they might start. [00:01]
Blitzboom IcePee: if it were, would its market cap still be 40 million? [00:01]
mircea_popescu that's a point. [00:01]
mircea_popescu the year that happens... as wall street works it's going to be from 100mn to 100bn in one year. [00:02]
IcePee mircea_popescu, BTC needs to appeal to the people who have the cash. the 20 somethings. The wired generation. The smartphone toting kids. [00:03]
mircea_popescu IcePee the 20 somethings have no cash. [00:04]
mircea_popescu they're the poorest people on the planet. [00:04]
Blitzboom what mircea_popescu says [00:04]
mircea_popescu i'd rather appeal to immigrant pakistanis. [00:04]
phraust it's been a little more than a year since the whole bitcoin thing started, right? [00:04]
mircea_popescu almost 3 phraust [00:04]
Blitzboom appeal to the 40-60s [00:04]
mircea_popescu appeal to one single investing senior partner [00:04]
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IcePee The age doesn't matter. [00:04]
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mircea_popescu within the year you will see market cap go up by three degrees of magnitude. [00:05]
Blitzboom IcePee: we don’t need no young people here! [00:05]
Judge51 Would anyone sell me 47 BTC at the price of 240$ moneypak? [00:05]
Blitzboom diversity! [00:05]
Blitzboom :D [00:05]
mircea_popescu this ideea that private individuals have money is ludicrous. [00:05]
Blitzboom mircea_popescu: what if it’s many individuals [00:05]
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* phraust shrugs. [00:05]
mircea_popescu Blitzboom what do you think is easier, getting 10 dollars from each live american [00:05]
splatster Seeing all the talk of CDSes on the forums, I would like to see if anyone would offer some for the lending institutions that S²CM has invested in. Please PM me with details. [00:05]
gheorghe_ orly? I thought corporations make money off of private individuals bying their shit [00:05]
mircea_popescu or getting 3bn from bernanke ? [00:05]
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phraust I watched it go from $0.30 up. [00:06]
mircea_popescu gheorghe_ you're new here, lots to learn yet. [00:06]
phraust quite a jump over the course of a year. [00:06]
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gheorghe_ mircea_popescu, so you're hoping bernanke buys your bitcoins? [00:07]
IcePee phraust, it's rate isn't important. We need stability [00:07]
phraust and even with the tremendous problems, the fact it's still above a dollar blows me away. [00:07]
mircea_popescu phraust what when it goes in the k's territory ? [00:07]
* phraust can't wait. [00:07]
IcePee mircea_popescu, I think BTC will be a success when companies like Amazon and Steam uses it. [00:08]
luke-jr IcePee: https://www.okpay.com/en/company/news/bitcoin-okpay.html [00:08]
mircea_popescu they never will. they have an interest not to [00:08]
mircea_popescu they won't move here until beaten to an inch of their life by the market. [00:08]
mircea_popescu so, last adopters. [00:08]
luke-jr mircea_popescu: what? why not? [00:08]
Blitzboom agreed [00:08]
luke-jr I see no problem for Amazon/Steam to accept BC [00:09]
mircea_popescu luke-jr amazon ? paypal ? hello ? [00:09]
luke-jr mircea_popescu: Amazon *competes* with PayPal [00:09]
imsaguy amazon competes with bitcoin [00:09]
mircea_popescu http://imgur.com/r/aww/T4V7D << :D [00:09]
IcePee mircea_popescu, PayPal could adopt PP [00:09]
luke-jr imsaguy: does Amazon actually push A.Payments seriously? [00:09]
IcePee mircea_popescu, I mean BTC [00:09]
mircea_popescu luke-jr that's what they say. i dun think they compete, i think they cartel. [00:09]
mircea_popescu icepee why ? [00:09]
gheorghe_ I think bitcoin is going to be a success if you can get them instantly and not trade or wait for days while your money gets transferred to another bank with huge fees [00:10]
imsaguy luke-jr: for mturk, yes [00:10]
mircea_popescu gheorghe_ you can get them instantly. [00:10]
luke-jr I can see Amazon doing what OKPay did easily [00:10]
Blitzboom gheorghe_: so you think bitcoin is going to be a success if only fiat money was more like bitcoin [00:10]
mircea_popescu luke-jr wager ? [00:10]
gheorghe_ Blitzboom, something like that [00:10]
IcePee mircea_popescu, BTC is just a currency, right? [00:10]
luke-jr gheorghe_: so when you can get paid by your employer in BCs [00:10]
mircea_popescu IcePee difficult question to answer because your biases aren't clear. [00:10]
luke-jr IcePee: BTC is a unit of BC ;) [00:11]
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LordCanti IcePee, I think there's a bit of legal weirdness about calling it a "currency" [00:11]
mircea_popescu gheorghe_ : go on fain, earn some karma, get bitcoins. YOU can be paid by your employer in bitcoins [00:11]
mircea_popescu the advantage of being romanian, only country in the world where this works atm. [00:11]
gheorghe_ mircea_popescu, the pay for that job sucks [00:11]
mircea_popescu we weren't discussing you being lazy [00:12]
mircea_popescu we were discussing the possibility. [00:12]
* luke-jr has done freelance work for Bitcoins are a reasonable pay. [00:12]
IcePee mircea_popescu, would you take a job that paid in bitcoin? [00:12]
mircea_popescu depends on the job and the pay obviously ? [00:12]
* phraust has. [00:12]
jcpham i might [00:12]
IcePee mircea_popescu, all things being equal. Would you? [00:12]
mircea_popescu im not a good test case, i'm independently rich and entrepreneurial-minded. things can't be equal seeing how i've never been employed, always teh employer. [00:13]
gheorghe_ problem is, no one sells food for bitcoins, or cars, or homes, so I would have to exchange them for real money anyway [00:13]
mircea_popescu actually some guy was selling a hopuse for btc [00:13]
luke-jr gheorghe_: nonsense [00:13]
mircea_popescu and pizza for btc is practically a meme [00:13]
mircea_popescu ask rg lol, he eats off bitcoin all the time [00:13]
luke-jr there's an apartment complex in Cali that rents for Bitcoin, isn't there? [00:13]
mircea_popescu i vaguely recall that yes [00:13]
gheorghe_ mircea_popescu, when was the last time you bought a pizza with bitcoins? [00:13]
LordCanti but these are all rarities, are they not? [00:14]
IcePee mircea_popescu, OK, would you hire someone for bitcoin pay? [00:14]
mircea_popescu again, bad test case. [00:14]
Blitzboom http://www.bitcointrading.com/img/10kpizza.jpg [00:14]
luke-jr LordCanti: um, you expect global domination overnight? [00:14]
mircea_popescu yes icepee. actually i have a site where people can work for bitcoins/euros. [00:14]
LordCanti I doubt there's a single business oprating in my county that accepts bicoin [00:14]
phraust doesn't someone in here always buy dinner with btc? [00:14]
mircea_popescu romanian only, but it exists. [00:14]
gheorghe_ I live in a deserted village, how do I buy pizza with bitcoins? [00:14]
IcePee mircea_popescu, get many BTC takers? [00:14]
LordCanti luke-jr, not at all, but neither is it "nonsense" to claim it's difficult to exchange BTC for goods [00:14]
luke-jr gheorghe_: more likely than with fiat imo [00:14]
mircea_popescu possibly 50% of all non mp bitcoins in romania lol [00:15]
imsaguy someone highlight me in 24 minutes from now [00:15]
imsaguy I'm gonna watch cgminer stop reporting correct info [00:15]
luke-jr LordCanti: it's easy to exchange BC for goods; you just need to find someone agreeable [00:15]
imsaguy it goes stale right at 7 days [00:15]
LordCanti yes it's easy in theory [00:15]
splatster I can do a /delay imsaguy [00:15]
imsaguy I'll do a /timer [00:15]
imsaguy ;P [00:15]
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splatster ;;calc 24 * 60 [00:16]
gribble 1440 [00:16]
IcePee It's just I think bitcoin made a splash last year, but never really took [00:16]
splatster I'll highlight you in 1440 seconds [00:16]
LordCanti "send this many coins to this address" and it's done [00:16]
imsaguy too late now [00:16]
luke-jr IcePee: were you adult during the dot-com bubble? [00:16]
imsaguy its only 23 minutes :p [00:16]
LordCanti but if I offer to pay in BTC I'll have people looking at me like I have two heads [00:16]
IcePee luke-jr, touche [00:16]
splatster imsaguy: I already started the /delay :P [00:17]
luke-jr IcePee: no, that was an actual question ;p [00:17]
IcePee luke-jr, I'm ceding that point. [00:17]
luke-jr k [00:17]
Judge51 Would anyone sell me 47 BTC at the price of 240$ moneypak? [00:17]
mircea_popescu the theory with splash but it never took is broken by the past 6 months [00:17]
gheorghe_ luke-jr, I like that fiat thing, if you don't want it, give it to me [00:17]
mircea_popescu went from 2 to 7 ? why ? [00:17]
gheorghe_ the more fiat the better [00:18]
Blitzboom mircea_popescu: short squeeze [00:18]
Blitzboom well, that was the spark anyway [00:18]
mircea_popescu which makes us wonder what are you doing here then gheorghe_ ? pays nothing to you. [00:18]
mircea_popescu Blitzboom look, i've seen things take a crapper. [00:18]
luke-jr gheorghe_: sure, if you give me a BTC for each [00:18]
gheorghe_ mircea_popescu, I'm bored [00:18]
mircea_popescu they don't go from 2 to 7. they go from 2 to maaaaaybe 2.5 [00:18]
mircea_popescu then 1 and then .1 [00:18]
Blitzboom ok [00:18]
LordCanti I'd love to see more regular adoption but if that doesn't happen I don't think BTC is going anywhere [00:18]
mircea_popescu i'd like NOT to see more regular adoptions. [00:19]
LordCanti fast and easy international transactions, privacy, not having to deal with corporate bullshit [00:19]
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mircea_popescu all the bored gheorghe_'s of this world are to me a sort of AOL ppl in 1993. [00:19]
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LordCanti mircea_popescu, why's that? [00:19]
mircea_popescu just a drag on resources which are wasted if applied towards them. [00:19]
Blitzboom mircea_popescu: why so elitist [00:19]
mircea_popescu we need an infrastructure first. [00:19]
mircea_popescu then the retards can safely try to weigh it down [00:20]
Blitzboom you are right with that [00:20]
LordCanti we don't have one now? [00:20]
mircea_popescu but much more crapola liek the mtgox recent bs can and even might have a negative impact. [00:20]
Blitzboom ^ hardly [00:20]
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IcePee mircea_popescu, with regular adoptions, comes stabiliy. [00:20]
luke-jr OKPay, BitPay? [00:20]
mircea_popescu no. the only thing that comes is death. watch facebook in a couple years [00:20]
mircea_popescu or go read up on myspace. [00:20]
mircea_popescu things where the masses dominate are doomed. [00:20]
Blitzboom shit [00:20]
LordCanti I actually recently bought a book about the rise and fall of myspace haha [00:20]
Blitzboom food is doomed [00:20]
luke-jr mircea_popescu: those are content publishing services [00:21]
Blitzboom cars are doomed too [00:21]
mircea_popescu luke-jr theory is they're "social" whatever the fuxks. [00:21]
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mircea_popescu Blitzboom : cars are very elitist. go start your own car brakes factory. [00:21]
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Blitzboom hehe [00:21]
IcePee mircea_popescu, talk about Facebook, they are going to be a direct competitor. Facebook credits. [00:21]
mircea_popescu elitist in social terms means quality in economical terms. the way to win, elitism. [00:21]
LordCanti mircea_popescu, you're saying that if we see mass "retard" adoption of BTC, then the current long term users will be SOL once the masses find the next big thing? [00:21]
mircea_popescu IcePee if you think fb can compete you're strange. [00:21]
Blitzboom ^ indeed [00:22]
mircea_popescu LordCanti no. im saying that if there's lots of retards the smart people just leave. [00:22]
luke-jr IcePee: Facebook sells credits for fiat. why not sell them for BC? [00:22]
mircea_popescu and then the ex-cool thing is sol with the retards. [00:22]
Blitzboom facebook credits will never be a successful currency [00:22]
Blitzboom or a currency at all [00:22]
Blitzboom just a money making scheme for zuckerberg [00:22]
LordCanti mircea_popescu, where would the smart people go? [00:22]
gheorghe_ I'm sure the smart people wouldn't leave if there were a lot of stupid people they could sell their bitcoins to, for FIAT [00:22]
mircea_popescu LordCanti that's a good q, since btc actually has a tech edge. which is why i say, simmer down with trying to get more retards on the ship. [00:22]
luke-jr Solidcoin! [00:23]
mircea_popescu we need the ship larger first. [00:23]
* luke-jr /troll [00:23]
mircea_popescu quite possibly some alt chain tho. [00:23]
IcePee FB credits are where allot of people are transferring money. [00:23]
LordCanti litecoin! [00:23]
LordCanti I don't have facebook, but this facebook credits things sounds absurd [00:23]
LordCanti is it open source? [00:23]
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luke-jr LordCanti: LOL [00:23]
mircea_popescu it's absurd source. [00:23]
LordCanti have they solved the double spending problem like BTC? [00:23]
mircea_popescu gheorghe_ : that's exactly how they would leave : sell their bitcoins and never look back. [00:24]
IcePee then there is google, and Apple getting in the game. [00:24]
luke-jr IcePee: Google is behind Bitcoin for now [00:24]
IcePee luke-jr, really!? [00:24]
mircea_popescu apple is headed down time warner's way. i'd sell my stocks if i were you. [00:24]
luke-jr IcePee: BitcoinJ is a Google product [00:24]
gheorghe_ mircea_popescu, and then they would be all gloomy, in their new mansions and sports cars [00:24]
LordCanti I thought all those were jusy built on top of the current financial structure [00:24]
mircea_popescu yes, google allows bitcoin purchases with checkout iirc [00:25]
IcePee LordCanti, yes they are. Safe. [00:25]
luke-jr mircea_popescu: really? O.o [00:25]
IcePee mircea_popescu, !!!?? [00:25]
mircea_popescu what [00:25]
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luke-jr I didn't think Google had Bitcoin support in Checkout yet [00:25]
mircea_popescu umm hm [00:25]
easystevey ;;rate charlierlee 1 BTC for GC good deal [00:26]
gribble Rating entry successful. Your rating of 1 for user charlierlee has been recorded. [00:26]
mircea_popescu https://bitcointalk.org/index.php?topic=48498.0 etc [00:26]
luke-jr oh [00:26]
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luke-jr you mean it allows you to buy Bitcoins, not that you can make purchases using Bitcoins [00:26]
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LordCanti so it allows you to do what PP does not [00:27]
mircea_popescu yes is what i meant. [00:28]
mircea_popescu i think theior lawyers bigwigs decided crypto is too complex to defend and want to sit it out. [00:28]
mircea_popescu so prolly they won't allow purchases in btc soon [00:28]
IcePee ultimately BTC and western fiat are going to have to go toe to toe. Where are you putting your money? [00:29]
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charlierlee ;;rate easystevey 1 traded BTC for GC. Thanks for doing business with me :) [00:29]
gribble Rating entry successful. Your rating of 1 for user easystevey has been recorded. [00:29]
IcePee charge backs make them incompatible. [00:29]
gheorghe_ IcePee, we'll start using rocks and shells for money [00:29]
mircea_popescu IcePee bitcoins. [00:30]
IcePee gheorghe_, I can see massive inflation [00:30]
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IcePee gheorghe_, that or a mass extinction of shell fish. [00:30]
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mircea_popescu it's not that i want bitcoins rto win out. it's just that i want fiat killed. [00:31]
IcePee mircea_popescu, you're a braver man than me. [00:31]
IcePee mircea_popescu, person [00:31]
mircea_popescu mircea is actually a male name, counterintuitively. [00:31]
IcePee mircea_popescu, don't want to be presumptuous. [00:31]
gheorghe_ mircea_popescu, why? that inflation is bad, deflation is good stuff? [00:32]
mircea_popescu fiat is bad. [00:32]
mircea_popescu i will either be the one who controls issuance of new currency or nobody is. [00:32]
mircea_popescu who's this state bs doing it ? burn it. [00:32]
IcePee mircea_popescu, if you are so rich shouldn't you be supporting the status quo? [00:32]
mircea_popescu some people get rich by sucking up [00:33]
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mircea_popescu some people get rich by tearing shit down [00:33]
mircea_popescu guess which are the entrepreneurs ? [00:33]
mircea_popescu the very point is regular destruction of the statu quo. [00:33]
gheorghe_ mircea_popescu, what did you tear down? [00:34]
mircea_popescu why'd that be any of your biz ? [00:34]
gheorghe_ just say'n [00:34]
mircea_popescu try asl, mebbe it works better. [00:34]
IcePee mircea_popescu, being an entrepreneur is not a ticket to wealth. [00:35]
mircea_popescu nothing is lol [00:35]
IcePee it's just the take the hardest tumble. [00:35]
* mircea_popescu points to 440`000 usd implied valuation ipo and grins. [00:36]
gheorghe_ mircea_popescu, don't get me started :P [00:37]
mircea_popescu i think you're a dud, so. [00:37]
mircea_popescu there's not going to be any starting. [00:37]
* phraust shrugs. [00:37]
IcePee so, do we think BTC is just a scam? [00:37]
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* phraust is in it for the long haul. [00:38]
IcePee or a proper currency. [00:38]
mircea_popescu sigh. that time when you realise you've been wasting your time. [00:38]
grubles yes, sell the rest of yours to me for $1 before it's too late [00:38]
mircea_popescu what's the ignore again ? [00:38]
Hostmask PRIV NOTI CHAN CTCP DCC INVI UNIG [00:38]
Ignore list is empty. [00:38]
[00:38]
Usage: IGNORE [00:38]
rawrmage /ignore somepony [00:38]
phraust hehe [00:38]
Hostmask PRIV NOTI CHAN CTCP DCC INVI UNIG [00:38]
gheorghe_!*@* NO NO NO NO NO NO NO [00:38]
IcePee!*@* NO NO NO NO NO NO NO [00:38]
[00:38]
rawrmage [00:38]
luke-jr IcePee: I have about 2000 BTC for now, and am in no rush to get rid of it. [00:39]
mircea_popescu just luke-jr ?! [00:39]
phraust i wonder how much I've bought and sold so far. [00:39]
mircea_popescu i've never sold any yet. [00:39]
luke-jr in fact, I think Bitcoin makes up the majority of my liquid assets right now [00:39]
splatster imsaguy: Times up :P [00:40]
phraust i'm down to like 100, but I just spent a bunch on fpgas. [00:40]
mircea_popescu splatster : thurs came and went ? [00:40]
gheorghe_ luke-jr, liquid? how fast can you buy stuff with it? [00:40]
luke-jr gheorghe_: faster than any other way. [00:40]
imsaguy yeah [00:40]
imsaguy its still displaying correctly [00:40]
imsaguy waiting for it to mess up [00:41]
gheorghe_ stuff like... food, rent [00:41]
phraust oh, i forgot I had those cassicus coins and bitbills. [00:41]
luke-jr gheorghe_: for USD, I'd need to go to the bank and withdraw some cash. for PayPal, I'd have to wait for it to transfer in from a bank, or sell some Bitcoins [00:41]
luke-jr it's pretty nice to just pay instantly with Bitcoin itself [00:41]
gheorghe_ so they accept bitcoins at the supermarket? [00:41]
Hostmask PRIV NOTI CHAN CTCP DCC INVI UNIG [00:41]
gheorghe_!*@* NO NO NO NO NO NO NO [00:41]
IcePee!*@* NO NO NO NO NO NO NO [00:41]
[00:41]
Hostmask PRIV NOTI CHAN CTCP DCC INVI UNIG [00:41]
gheorghe_!*@* NO NO NO NO NO NO NO [00:41]
IcePee!*@* NO NO NO NO NO NO NO [00:41]
[00:41]
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luke-jr gheorghe_: why would I go to the supermarket when I can have food delivered cheaper? [00:42]
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* phraust uses his paypal debit card. [00:42]
gheorghe_ say you only had bitcoins and were really hungry [00:42]
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gheorghe_ how fast could you get food :) [00:42]
luke-jr I'm not in poverty. [00:42]
IcePee luke-jr, I think you are avoiding the question. [00:42]
phraust moneypak > paypal. probably in an hour or so. [00:42]
luke-jr I think the question is retarded. [00:42]
* #bitcoin-otc :You're not a channel operator [00:42]
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phraust I'm rarely so hard up that I'd have to push it though. [00:43]
BTCHero I promise you i could get food delivered right now for btc [00:43]
BTCHero there are a few people that like using their cc for me [00:44]
phraust lol [00:44]
imsaguy BTCHero: you need food? [00:44]
BTCHero the longer you have been here the more liquid your btc are [00:44]
BTCHero nope, but you would do it right [00:44]
BTCHero just to make my point [00:44]
luke-jr gheorghe_: I order food online. [00:44]
luke-jr gheorghe_: occasionally. [00:45]
a5m0 i need food :( [00:47]
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AndrewNTH lol [00:49]
* BTC_Bear|hbrntng is now known as BTC_Bear [00:49]
AndrewNTH bitcoin magazine doesnt take bitcoins for subscriptions [00:49]
mcorlett It even has the Vladimir stamp of approval. [00:49]
mcorlett AndrewNTH: Um, it does. [00:49]
Blitzboom i’ve never heard of a vaporware magazine until matthew [00:49]
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AndrewNTH mcorlett: oh, i couldnt see it on nthe page [00:49]
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Blitzboom announce magazine, release it half a year later [00:50]
mcorlett Earn money by collecting interest on coins from preordered magazines. [00:50]
Blitzboom nah, i think he plans on april [00:50]
imsaguy Blitzboom: COMING SOON! [00:51]
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mcorlett imsaguy: ™ [00:51]
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mircea_popescu lol wait, is this the mathew wright idiot on bitcointalk ? [00:51]
jcpham i am [00:51]
Blitzboom yup [00:52]
imsaguy Bitcoin the Magazine, sponsored in part by BFL, where everything is only 4-6 weeks away. [00:52]
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imsaguy mircea_popescu, yes [00:52]
Blitzboom mircea_popescu: yeah [00:52]
mircea_popescu o jesus god. [00:52]
imsaguy lol [00:52]
jcpham who is [00:52]
mircea_popescu how come no scammer tag yet then ? [00:52]
mcorlett 4-6 weeks sliding window. [00:52]
NxTitle 22:37 < IcePee> so, do we think BTC is just a scam? [00:52]
NxTitle oh yeah, I'm fairly certain everyone here thinks it's a scam [00:52]
NxTitle hence why we're here [00:52]
luke-jr NxTitle: haven't seen you in a while! [00:52]
T2k3 T_X tcatm tdubellz terry Testerosterone TheFriscoFainter thulle Tick-Tock TiggrBot Toats topace Tril trololo tsche Tuxavant twobitcoins Txyru` Tycale Tykling [00:52]
NxTitle luke-jr: I've been around, just afk for the most part [00:52]
Blitzboom go away, this is my scamming territory [00:52]
mcorlett NxTitle: If it were, and we stood to gain from it, what's wrong with being here? [00:53]
mircea_popescu NxTitle the guy;'s just some muppet with fixed ideeas. [00:53]
Blitzboom i think he is some kind of atlas figure [00:53]
mircea_popescu he must be. total noob, stumbles into chanel with ill structured "thoughts", gets them blown to pieces then assumes authority. [00:54]
mircea_popescu what am i, the class of 2012 in retard highschool, mr IcePee's class of tardery ? [00:54]
phraust i dunno, I thought that about summed it up. [00:55]
Blitzboom i sense lots of negativity here [00:55]
smickles D: [00:55]
smickles lol [00:55]
smickles "can you prove that you didn't rape and kill tha girl in 1989?" [00:56]
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smickles "I'm just asking questions" [00:56]
jcpham what's happening in here [00:56]
luke-jr trolling [00:56]
jcpham i thought so [00:56]
imsaguy bridging [00:56]
mircea_popescu im only seeing the sane half of it but looks like carnage jcpham [00:56]
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smickles IcePee: sorry if you don't like that. You just reminded me of a good bit of humor [00:57]
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smickles I thought that sharing that humor with the channel was a good idea :D [00:58]
zmon i wanna buy some coins [00:58]
smickles zmon: what price and payment method [00:58]
smickles ? [00:58]
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splatster Uh oh, zmon. [00:58]
zmon uh oh what [00:59]
jcpham i agree on the scam thing [00:59]
smickles :( [00:59]
jcpham sell your bitcoins to me [00:59]
smickles ;;ident zmon [00:59]
gribble Nick 'zmon', with hostmask 'zmon!4a4c0517@gateway/web/freenode/ip.74.76.5.23', is not identified. [00:59]
mircea_popescu that'll be $25 a pop jcpham. [00:59]
mircea_popescu how many you want ? [00:59]
splatster [3:58 PM] i wanna buy some coins <- you are unrated, you aren't registered and therefore, you are hard to trust [00:59]
smickles ooooooooooh [01:00]
zmon im new on here and told i could trade a moneypak [01:00]
smickles < IcePee> so, do we think BTC is just a scam? <<< so that's what started this off [01:01]
* splatster is confused by smickles's sudden realization [01:01]
splatster oh, nvm smickles [01:01]
smickles zmon: so MP is your payment method, what rate did you want? [01:01]
jjjrmy-m i'll sell at $5.5 each [01:01]
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jjjrmy-m zmon: I'll sell at 5.5/btc for Moneypak [01:02]
smickles IcePee: no, sry, I copypastaded what you said earlier [01:02]
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BTCHero how large is the moneypak zmon [01:02]
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GlooBoy ;;eauth glooboy [01:02]
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jcpham pretty sure bitcoin will be the biggest ponzi in history [01:03]
smickles jcpham: that's a tall order [01:03]
jcpham 83.7% sure [01:03]
ageis you're not coming correct right now [01:03]
ageis everyone knows it favors early adopters, but it has none of the essential features of a ponzi scheme [01:04]
* Now talking on #bitcoin-otc [04:10]
* Topic for #bitcoin-otc is: OTC marketplace for Bitcoin trading and exchange. || http://bitcoin-otc.com/ || http://bit.ly/x56Fd5 || Start with the ;;guide || Before you trade, talk to people, and check user ratings. || Beware the FRAUDSTERS. ;;fraud || Trade Options: http://polimedia.us/btc || Bitcoin VPS: http://www.bitvps.com || Support bitcoin-otc! 1F1dPZxdxVVigpGdsafnZ3cFBdMGDADFDe [04:10]
* Topic for #bitcoin-otc set by nanotube!~nanotube@unaffiliated/nanotube at Sun Feb 26 06:25:27 2012 [04:10]
* Someguy123 is now known as Someguy123[afk] [04:16]
AndrewNTH ;;rate seco 2 Loaned me a small amount of BTC on two occasions, very quickly after asking and is generally helpful. [04:18]
gribble Rating entry successful. Your rating for user seco has changed from 1 to 2. [04:18]
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seco :)) [04:20]
rg ;;ticker [04:22]
gribble Best bid: 4.77169, Best ask: 4.8067, Bid-ask spread: 0.03501, Last trade: 4.80671, 24 hour volume: 40156, 24 hour low: 4.71001, 24 hour high: 4.86092 [04:22]
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Rotrot Hey there folks!. Id like to buy some bitcoins from someone please. Im using this to pay off a bitcoin loan I recieved through the bitcointalk.org forum. https://bitcointalk.org/index.php?topic=60264.msg701584#msg701584, Thats me, Rotrot. Ive already repaid most of the loan but my mining rig is not maintaining expected output so I need to buy some coins on the market to fill in the gap. Right now all I have is Paypal. [04:34]
Rotrot I dont have an OTC rating but you should be able to tell from the forum thread that I am an honest person. I also have done a lot of solid transactions on eBay, my user name is keepsallhismoneyinapaperbag. I can verify these accounts with you. Id like to buy anywhere from 5 - 50 bitocoins. Thanks and please contact me at patrick.wells.9903@edmail.edcc.edu. [04:34]
smickles ;;gettrust [ident rotrot] [04:35]
gribble Trust relationship from user smickles to user Nick 'rotrot', with hostmask 'Rotrot!328439b5@gateway/web/freenode/ip.50.132.57.181', is not identified.: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=smickles&dest=Nick 'rotrot', with hostmask 'Rotrot!328439b5@gateway/web/freenode/ip.50.132.57.181', is not identified. [04:35]
smickles Rotrot: how did you want to pay? [04:35]
rg ;;seen coolio- [04:35]
Rotrot All I have is Paypal at them moment [04:35]
gribble coolio- was last seen in #bitcoin-otc 3 days, 7 hours, 59 minutes, and 30 seconds ago: how do i check the ticker on he bot? [04:35]
rg ;;later tell coolio- msgm e [04:35]
gribble The operation succeeded. [04:35]
rg ;;later tell coolio- msg me re: bitvps [04:35]
gribble The operation succeeded. [04:35]
* gribble gives voice to draco49 [04:35]
draco49 sup ppl :) [04:36]
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* Now talking on #bitcoin-otc [11:01]
* Topic for #bitcoin-otc is: OTC marketplace for Bitcoin trading and exchange. || http://bitcoin-otc.com/ || http://bit.ly/x56Fd5 || Start with the ;;guide || Before you trade, talk to people, and check user ratings. || Beware the FRAUDSTERS. ;;fraud || Trade Options: http://polimedia.us/btc || Bitcoin VPS: http://www.bitvps.com || Support bitcoin-otc! 1F1dPZxdxVVigpGdsafnZ3cFBdMGDADFDe [11:01]
* Topic for #bitcoin-otc set by nanotube!~nanotube@unaffiliated/nanotube at Sun Feb 26 06:26:07 2012 [11:01]
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bitcointrader_ Hello , I'm looking for someone in Belgium/Netherlands to trade your bitcoin for my cash . [11:31]
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mircea_popescu goood morning bitcoin ppls [11:33]
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lh77 morning [11:40]
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draco49 whatsup mircea_popescu :) [11:50]
mircea_popescu draco49 not much. another month closing :p [11:51]
draco49 how's it lookin? [11:51]
mircea_popescu worse than best, better than worst... [11:51]
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draco49 sounds about right [11:55]
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yang hi spawn, whats the price [11:57]
yang ooops old posting [11:57]
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bitcointrader_ Still looking for people in Belgium/Netherlands for trading [12:03]
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Joric hallo [12:05]
Joric ik ben echte Belgische [12:05]
Joric ...in mijn droom [12:06]
bitcointrader_ hahaha =) I almost fell for it [12:06]
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cheebydi ;;getrating Joric [12:10]
gribble This user has not yet been rated. Currently not authenticated. [12:10]
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aparigraha selling 0.3BTC for 1.35 PPUSD [12:21]
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Silvo ;;guide [13:12]
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Coolty ╔══════════════ ೋღ☃ღೋ ══════════════╗ [13:43]
Coolty ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Repost this if ~ ~ ~ ~ ~ ~ ~ ~ ~ [13:43]
Coolty ~ ~ ~ ~ ~ ~ you are a beautiful strong black woman ~ ~ ~ [13:43]
Coolty ~ ~ ~ ~ ~ ~ ~ ~ ~ who don’t need no man ~ ~ ~ ~ ~ ~ ~ [13:43]
Coolty ╚══════════════ ೋღ☃ღೋ ══════════════╝ [13:43]
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Joric strong is good [13:47]
Coolty :) [13:48]
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* Toats is back (gone 13:32:20) [15:12]
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occulta boo [15:33]
coingenuity EEK! [15:33]
jcpham hi [15:36]
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coingenuity hello jcpham [15:37]
PaulZag ;;ticker [15:37]
gribble Best bid: 4.73436, Best ask: 4.76249, Bid-ask spread: 0.02813, Last trade: 4.76306, 24 hour volume: 40724, 24 hour low: 4.71699, 24 hour high: 4.83 [15:37]
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Knecke hello [15:38]
coingenuity @usd [15:38]
jcpham hi coingenuity [15:38]
jcpham first failed card! [15:38]
Knecke i need bitcoins [15:38]
jcpham GPU 3: 52.0C 1881RPM | DEAD /231.7Mh/s | A:2309 R:28 HW:0 U:3.11/m I: 9 [15:38]
coingenuity that sucks :( [15:39]
Knecke anyone who sale for paypal [15:39]
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coingenuity Knecke: depends on your rating [15:40]
coingenuity spawn-: [15:40]
Knecke sorry im completly new [15:40]
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Knecke or is there any instant bank transfer where i can get my bitcoins today [15:43]
Knecke thats my problem i need the bitcoins today [15:44]
bruzum yes [15:44]
bruzum i take wire transfer [15:44]
bruzum SEPA? [15:44]
Knecke yes [15:44]
bruzum what are you offering me [15:44]
Knecke i need 3 bitcoins [15:45]
bruzum for what? [15:45]
Knecke 11,2 Euro [15:45]
bruzum i will sou 3 bitcoins [15:45]
bruzum for 15 [15:45]
Knecke euro? [15:46]
bruzum i wont go to my bank account for 10 euros [15:46]
bruzum what country are you in? [15:46]
Knecke germany [15:47]
bruzum hmm ok [15:47]
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sturles Knecke: There is bitcoinmarket24 [15:57]
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occulta im going to experiment on bitcoinica today [16:00]
occulta anyone got some decent reading material for the basics of trading? [16:00]
occulta things ive good dont really relate to bitcoinica, i just lost some funds lol [16:00]
occulta googled * [16:00]
gamambel Knecke: in the unlikely case you have a DKB account, i can sell you bitcoins [16:03]
gamambel Knecke: DKB to DKB is immediate [16:03]
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jcpham ;;bc,gen 220000 [16:09]
gribble The expected generation output, at 220000 Khps, given current difficulty of 1626553.4813289 , is 0.136043632299 BTC per day and 0.00566848467913 BTC per hour. [16:09]
jcpham ;;calc .13604*180 [16:09]
gribble 24.4872 [16:09]
jcpham ;;calc 24.4872*4.72 [16:10]
gribble 115.579584 [16:10]
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bluemoon44 hiyA [16:12]
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bluemoon44 anyone care to trade [16:13]
bluemoon44 ? [16:13]
bruzum sure [16:13]
bruzum what u need? [16:13]
bluemoon44 btc [16:13]
bruzum for [16:13]
bluemoon44 Nintendo Wii and games [16:13]
Dutch_buyer looking for someone from Belgium/Netherlands to trade with [16:13]
bluemoon44 e cig [16:13]
bruzum already got that [16:13]
bluemoon44 what u looking for? [16:13]
bruzum wii [16:13]
bruzum looking for soeone [16:13]
bruzum to purchase something off ebay [16:13]
bruzum for me [16:13]
Dutch_buyer ,,guide [16:14]
Dutch_buyer ;;guide [16:14]
kakobrekla Dutch_buyer: check #bitcoin-otc-eu [16:14]
kakobrekla also Mqrius is from NL [16:14]
bluemoon44 i can do that bruzum [16:15]
Dutch_buyer thanks you kakobrekla :) [16:15]
kakobrekla sure [16:15]
Dutch_buyer good advise , i could use that [16:16]
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bruzum http://www.ebay.co.uk/itm/Rolling-Paper-OCB-PREMIUM-SLIM-King-Size-3-boxes-/160760503460?pt=UK_Collectables_Tobacciana_Smoking_LE&hash=item256e129ca4#ht_600wt_905 [16:16]
bruzum i need this [16:16]
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Blitzboom http://www.2dayblog.com/images/2011/november/550x-I-NEED-DIS.jpg [16:20]
bruzum :( [16:21]
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smickles ;;later tell bitfoo thanks for bringing that link to my attention [16:51]
gribble The operation succeeded. [16:51]
rawrmage rg: i dunno i didn't get a chance to do it [16:52]
jcpham hi sexy ladies [16:54]
smickles lolwut ¯(°_o)/¯ [16:56]
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jcpham tgif? [17:17]
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jcpham yes [17:19]
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jcpham my coworker lady just gave me these big yellow "caffeine" pills [17:20]
jcpham and i was like nomnomnom [17:20]
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splatster Good mornin' y'all! [17:23]
splatster (That's the Idahoan half of me talking) [17:24]
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Jooh #bitcoin-otc-eur [17:36]
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splatster What a useful contributor Jooh was. [17:44]
splatster [8:36 AM] → Jooh joined the channel. [17:44]
splatster [8:36 AM] #bitcoin-otc-eur [17:44]
splatster [8:37 AM] ← Jooh left IRC. (Client Quit) [17:44]
kakobrekla he missed the -eu chan [17:45]
kakobrekla maybe its better this way. [17:46]
kakobrekla ;> [17:46]
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bruzum r [17:53]
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AndrewBud Looking to purchase some BTC withadian funds... [17:59]
AndrewBud with canadian funds [18:00]
AndrewBud ;;guide [18:08]
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mcorlett ;;ping [19:14]
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LordCanti ;;pong [19:22]
gribble ping [19:22]
LordCanti ;;pang [19:23]
gribble I do not know about 'pang', but I do know about these similar topics: 'pit', 'pm' [19:23]
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occulta ;;ticker [19:33]
bluemoon44 ;;ticker [19:41]
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Optimo http://blog.p2pfoundation.net/why-the-p2p-foundation-is-paying-its-salaries-in-bitcoin/2012/03/28 [19:55]
occulta that link was down when i see it on reddit [19:56]
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rg i donated .5 btc to them [20:04]
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occulta :) [20:08]
bonks someone want to summarize that? [20:11]
* [phraust] is now known as phraust [20:11]
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vragnaroda rg: whois -h whois.ripe.net POEM-RIPE55-SONG [20:14]
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jcpham funny [20:19]
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x0Jakeyboy0x Selling $25 dollar visa gift card [20:22]
luke-jr x0Jakeyboy0x: I'll bit 1 BTC for it [20:22]
subpar you are consistent luke... [20:23]
x0Jakeyboy0x luke-jr How generous of you... However, Luke, I am your father. And the force says you need to pay 5.10 BTC. [20:23]
mcorlett luke-jr: It's always $25/BTC, too. [20:23]
luke-jr x0Jakeyboy0x: no way. [20:24]
x0Jakeyboy0x Yes way, Luke. I am sorry you had to find out this way. [20:24]
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luke-jr x0Jakeyboy0x: your USD is too expensive. I'll keep my Bitcoins! [20:25]
rg 3 blind mice [20:26]
rg 3 blind mice [20:26]
rg see how the yrun [20:26]
rg luke-jr: i bet you love the x-files [20:26]
rg right? [20:26]
x0Jakeyboy0x luke-jr, Your BTC is too expensive. I'll keep my US dollars! [20:26]
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luke-jr rg: did, a few years ago [20:26]
luke-jr it kinda ended [20:26]
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mcorlett tree fiddy [20:27]
rg hulu plus has every episode [20:27]
rg ive been watching it [20:27]
rg did mulder and skully ever.. you know [20:27]
rg boom chika wow wow [20:27]
luke-jr I bought a complete DVD set for $100 back then [20:28]
jcpham you mully eats skuller at the end, right? [20:28]
luke-jr rg: only when that other guy stole Mulder's body [20:28]
jcpham keyboardind is fail; [20:28]
luke-jr the guy who eventually got the Lone Gunmen killed… what was his name? [20:29]
rg the smoking man? [20:29]
luke-jr no [20:29]
luke-jr Morris Fletcher [20:30]
luke-jr the guy at Area 51 [20:30]
mcorlett Possibly NSFW: http://bitmit.net/en/trade/i/1771-my-used-underwear-videos-of-me-doing-anything-naughty-legal [20:30]
luke-jr or was it Majestic 12 [20:30]
rg haha [20:31]
rg i just watched that one [20:31]
rg where he and mulder switch bodies [20:31]
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luke-jr rg: should I spoil X-Files for you? [20:31]
luke-jr btw be sure you don't miss the movies; they play an important part to the plot [20:32]
luke-jr The Lone Gunmen ep 1 will mess with you too [20:32]
luke-jr it aired May 2001 [20:32]
rg ive seen all the movies [20:34]
rg and sadly seen the lone gunmen spin off [20:34]
luke-jr lol [20:37]
rg theres tons of gaynime on hulu [20:38]
subpar I forgot aboit The Lone Gunman [20:38]
subpar self defense mechanism i supose [20:38]
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rg here you go luke [20:40]
rg http://www.hulu.com/gaytown [20:40]
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rg http://www.hulu.com/watch/21287/gorgeous-tiny-chicken-machine-show-garden-party#s-p1-n1-so-i0 [20:41]
rg the fuc? [20:41]
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aparigraha starting small. selling 0.3BTC for 1.35 PPUSD [20:51]
rg 0.3btc? what do we look like to you? RICH PEOPLE? [20:52]
weex rg, must be the gold chain [20:52]
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rg haha [20:52]
aparigraha :) only to earn rep [20:52]
rg aparigraha: one thing youll learn about being here... is never take rg seriously [20:53]
aparigraha noticed that already :) [20:53]
rg even when i seem dead serious [20:53]
splatster "Put your hands to the constellations. They way you look should be a sin, you my sensation. I know I’m preaching to the congregation. We love Jesus but you done learned a lot from Satan." [20:55]
splatster "I hit the Jamaican spot, at the bar, take a seat. I ordered the jerk, she said 'you are what you eat.' You see I always loved your sense of humor, but tonight you should have seen how quiet the room was." [20:57]
* splatster is just spitting out a bunch of lyrics [20:57]
rg im boycotting absolut vodka [20:59]
rg cause of their stupid ass add campaign [20:59]
splatster rg: +1000 [20:59]
splatster You should drink the Idaho vodka :P [20:59]
splatster I forgot what it's called... [20:59]
rg potato vodka? [20:59]
rg i love potato vodka [20:59]
rg and bison grass [21:00]
splatster 44 North Vodka [21:00]
splatster or Glacier Idaho Vodka [21:00]
splatster The former I've had and it was fine. The latter I have never heard of up until a minute ago. [21:01]
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rg look up [21:05]
mcorlett Where are you? [21:05]
rg Zubrowka Vodka [21:05]
rg ^^ thats the *shit* [21:05]
rg mix it with apple juice [21:06]
rg hrm [21:06]
mcorlett Don't kid yourself. You don't drink. [21:06]
rg i didnt know you could get it in the US [21:06]
rg we usually get it from Poland [21:06]
rg Because bison grass contains the toxic compound coumarin, which is prohibited as a food additive by the Food and Drug Administration, importing of Żubrówka into the United States was banned in 1978 by the Bureau of Alcohol, Tobacco and Firearms. [21:07]
rg there [21:07]
rg the shit in the US is fake [21:07]
splatster mcorlett: If I didn't drink and get high I would be so bored 24/7 [21:07]
rg you need the polish kind, with the poison [21:07]
BubbleBoy99 bit like absinth [21:07]
BubbleBoy99 there shit and than there is woooow [21:07]
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mcorlett I like Żołądkowa. I think someone was even selling it on the forums a month or two ago. [21:08]
rg hrm [21:08]
rg i cant view that on my terminal [21:08]
rg can you print it in normal chars? [21:08]
mcorlett Zoladkowa. [21:08]
rg oh hey i think i know that kind [21:08]
rg one of my bff's parents are off the boat from poland [21:08]
rg they always visit and bring stuff back [21:09]
rg with Mint (Wódka Żołądkowa Gorzka z Miętą). Traditional with added peppermint. Introduced to the market in 2005 [21:09]
rg id like that kind [21:09]
rg and they have bison grass! [21:09]
splatster I'm a quarter polish, but my grandfather never got me alcohol [21:09]
rg im telling you, i dont even like to dirnk [21:09]
rg but bison grass vodka is awesome [21:09]
mcorlett I've only tried the original, sadly. [21:09]
comboy rg, no, that's zubrowka [21:09]
BubbleBoy99 any bored soul here to trade? [21:09]
rg comboy Zoladkowa has bison grass too [21:10]
BubbleBoy99 btc to pp no fuss [21:10]
splatster BubbleBoy99: We are busy talking about vodka. [21:10]
BubbleBoy99 yes, I'm sorry to interrupt [21:10]
BubbleBoy99 go on [21:10]
comboy rg, I don't think it does, but maybe I'm wrong [21:10]
splatster #bitcoin-vodka [21:10]
rg http://en.wikipedia.org/wiki/W%C3%B3dka_%C5%BBo%C5%82%C4%85dkowa_Gorzka [21:11]
rg with Bison-Grass Introduced to the market in 2009 [21:11]
rg but i bet zubrowka is better [21:11]
rg i love it [21:11]
comboy rg, ah, that's something new, I didn't know about it :) [21:11]
BubbleBoy99 blue moon anyone? [21:12]
rg that'd be a good market [21:12]
rg smuggling bison grass vodka [21:12]
rg o the states [21:12]
occulta http://arstechnica.com/business/news/2012/03/p2p-botnets-the-bigger-they-come-the-faster-they-fall.ars [21:12]
occulta thats awesome. [21:12]
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occulta you that botnet equate to a very large % of mining? [21:13]
occulta i mean, like 10% or something stupid [21:13]
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occulta 116,000 CPU miners sounds pretty large to me [21:13]
subpar yep - assuming 10 Mh/s each [21:14]
rg well [21:14]
subpar that could very well ahve been the 1.2 Th/s MM [21:14]
rg considering all they did was disable the drone [21:14]
rg and do nothing to the miners [21:14]
rg it stands to reason they are still mining. [21:14]
subpar good point [21:15]
occulta hm [21:15]
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occulta what do you mean rg? [21:15]
occulta ah, yea i got you [21:15]
rg occulta: all they did was disable the drone [21:15]
rg nothing to the miners/other shit runing [21:15]
jcpham they sinkholed the C&C but left the machines infected [21:16]
occulta damn [21:16]
jcpham most likely if they were ming, they still are [21:16]
jcpham so if MM is still doing 1tx blocks [21:16]
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jcpham it may or may not be the botnet [21:16]
LordCanti Anyone interested in selling BTC for $40 MoneyPak? [21:16]
occulta somebody, people wont be so stupid [21:16]
occulta running an os like XP [21:16]
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occulta as you can see, a huge % of that is linux-based OS's [21:17]
mcorlett shakaru just lost it: https://bitcointalk.org/index.php?topic=65989.msg827746#msg827746 [21:17]
* mcorlett searches for an appropriate popcorn GIF [21:17]
occulta lol, i had a small arguement with someone on the forum last few days, not worth it [21:18]
occulta people can decide to make mistakes and such on their own now [21:19]
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* gribble gives voice to occulta [21:19]
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rg According to Cadbury, Brits scoff 200 million Creme Eggs a year - three for every person in the UK. [21:22]
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BubbleBoy99 random fact of the day is presented by rg [21:24]
LordCanti ;;ticker [21:25]
gribble Best bid: 4.7449, Best ask: 4.7841, Bid-ask spread: 0.0392, Last trade: 4.79, 24 hour volume: 34595, 24 hour low: 4.71699, 24 hour high: 4.83 [21:25]
x0Jakeyboy0x buying 5 BTC 4.90 [21:26]
x0Jakeyboy0x USD each [21:26]
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* gribble gives voice to BTCHero [21:32]
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mod6 ;;ticker [21:32]
gribble Best bid: 4.79, Best ask: 4.79378, Bid-ask spread: 0.00378, Last trade: 4.81, 24 hour volume: 36212, 24 hour low: 4.71699, 24 hour high: 4.83 [21:32]
BTCHero why you tickering, you got a moneypak? [21:32]
subpar ;;ask 5 [21:33]
subpar ;;bid 5 [21:33]
mod6 BTCHero: hi, no reason, just checking :) [21:34]
mod6 bit of a rally? [21:34]
BTCHero ok :) [21:34]
mod6 Thanks for asking, I appreciate it. [21:34]
BTCHero depends on what point you start at. It isn't much of a rally from 25 :) [21:35]
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rg ;;asks 4.90 [21:35]
gribble There are currently 8584.8107 bitcoins offered at or under 4.9 USD, worth 41857.8968524 USD in total. [21:35]
rg ;;asks 5.80 [21:35]
gribble There are currently 81475.096 bitcoins offered at or under 5.8 USD, worth 430090.546682 USD in total. [21:35]
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mod6 yes, definately. I was just watching todays graph and saw some action :) [21:35]
mcorlett ;;asks 9001 [21:36]
rg ;;market buy 25000 [21:36]
gribble A market order to buy 25000 bitcoins right now would take 123423.3094 USD and would take the last price up to 5.0000 USD. [21:36]
rg you heard the bot [21:36]
rg buy 25k btc [21:36]
mcorlett ;;market buy 250000 [21:36]
mod6 I wish rg :) [21:36]
BTCHero ;:Buy 25000 btc @ market [21:36]
BTCHero like that? [21:36]
mcorlett ~2.5 million to $39. Not bad. [21:37]
mcorlett (USD) [21:37]
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aparigraha starting small. selling 1BTC for 4.65 PPUSD [21:42]
BTCHero <+amphipod> Mar30 18:41:30 mtgox x284 2,973.1678 @ 4.854735 USD [21:42]
BTCHero that was a pretty nice one [21:42]
copumpkin pfft peanuts [21:42]
jcpham ;;ident aparigraha [21:42]
gribble Nick 'aparigraha', with hostmask 'aparigraha!~aparigrah@gateway/tor-sasl/aparigraha', is identified as user aparigraha, with GPG key id B55D3AA9216E491F, and key fingerprint 202303B7A2A7465A531FA985B55D3AA9216E491F. [21:42]
Shibofu Buying BTC via MP/PP [21:42]
BTCHero copumpkin for you [21:42]
jcpham ;;getrating aparigraha [21:43]
gribble User aparigraha, created on Mon Mar 26 01:52:06 2012. Cumulative rating 2, from 2 total ratings. Received ratings: 2 positive, 0 negative. Sent ratings: 2 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=aparigraha Currently authenticated from hostmask aparigraha!~aparigrah@gateway/tor-sasl/aparigraha [21:43]
Blitzboom copumpkin: typical noobs! [21:43]
copumpkin yeah, wtf [21:43]
jcpham ;;getrating Shibofu [21:43]
gribble User Shibofu, created on Mon Feb 6 15:05:16 2012. Cumulative rating 4, from 4 total ratings. Received ratings: 4 positive, 0 negative. Sent ratings: 4 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Shibofu Currently authenticated from hostmask Shibofu!482d0a1e@gateway/web/freenode/ip.72.45.10.30 [21:43]
copumpkin call me back when someone buys a million coins [21:43]
jcpham Shifobu meet agricocb [21:43]
Blitzboom call me back when we make new alltime highs [21:43]
jcpham or whatever [21:43]
BTCHero sorry for the optimism guys [21:43]
LordCanti Anyone interested in selling BTC for $40 MoneyPak? [21:44]
Blitzboom we don’t need this optimism crap [21:44]
Blitzboom >:[ [21:44]
BTCHero LordCanti ill do 7.25 for it [21:44]
MORA| aparigraha I´ll take a coin :) [21:44]
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Shibofu Buying BTC with $265 MP/PP. Offer me =) [21:45]
aparigraha ;;ident MORA| [21:45]
gribble Nick 'MORA|', with hostmask 'MORA|!~MORA@pdpc/supporter/active/mora', is identified as user MORA, with GPG key id 1BDF09CFF0E2255A, and key fingerprint 4091F1A1014A05CBA8DD892B1BDF09CFF0E2255A. [21:45]
aparigraha ;;getrating MORA| [21:46]
gribble This user has not yet been rated. Currently not authenticated. [21:46]
MORA| ;;getrating MORA [21:46]
gribble User MORA, created on Sun Jan 29 13:32:05 2012. Cumulative rating 9, from 8 total ratings. Received ratings: 8 positive, 0 negative. Sent ratings: 8 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=MORA Currently authenticated from hostmask MORA|!~MORA@pdpc/supporter/active/mora [21:46]
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rg http://en.wikipedia.org/wiki/Masters_of_Horror_%28soundtrack%29 [21:47]
rg im watchin this TV show [21:47]
rg killer soundtrack [21:47]
jcpham lies [21:48]
aparigraha MORA| please nick and authenticate [21:48]
rg jcpham [21:48]
rg let me ask you a question [21:48]
rg you ever ordered more IPs from a data centre/ISP? [21:48]
jcpham class c from isp [21:48]
jcpham or [21:48]
MORA| aparigraha this is my nick, MORA with no pipe is protected by nickserv [21:49]
jcpham then you go through arin [21:49]
jcpham but yes, from deltacom/earthlink [21:49]
rg jcpham: my ISP asked me for my client list [21:50]
rg and which IP theyre using [21:50]
rg and their email [21:50]
rg to justify the ips [21:50]
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rg come to find out [21:50]
jcpham nah [21:50]
rg these assholes have multiple /18's [21:50]
BTCHero ;;rated LordCanti [21:50]
jcpham that's a hoop i didn't have to jump thropugh [21:50]
gribble You have not yet rated user LordCanti [21:50]
rg well [21:50]
rg i freaked out at them [21:50]
LordCanti ;;rated BTCHero [21:50]
gribble You have not yet rated user BTCHero [21:50]
BTCHero ;;rate LordCanti 1 Quick moneypak trade [21:51]
gribble Rating entry successful. Your rating of 1 for user LordCanti has been recorded. [21:51]
rg big time [21:51]
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rg i asked them for *their* client list [21:51]
BTCHero Do you pay for the extra ips? [21:51]
mircea_popescu lmao sounds like they're trying to steal your customerbase rg [21:51]
mircea_popescu i'd get a diff host. [21:51]
rg btchero: ofcourse [21:51]
jcpham i would have calmy responded that the info is nonexistant [21:51]
LordCanti ;;rate BTCHero 1 traded MP for BTC, very easy [21:51]
jcpham or made it up [21:51]
gribble Rating entry successful. Your rating of 1 for user BTCHero has been recorded. [21:51]
rg Sorry, but that justification will not work without providing the name of the customer, domain name hosted or client email. We will also need a screenshot of the virtualization software showing the IP's in numerical order. [21:52]
rg -- Chris M. [21:52]
mircea_popescu ditch them. [21:52]
jcpham i would tell Chris to get fucked [21:52]
jcpham but that's me [21:52]
jcpham seems intrusive [21:52]
mircea_popescu Chris M. for MtGox ? [21:52]
rg Chris, [21:53]
rg I am offended you would ask for our clients names. [21:53]
rg This is a screen shot of the VM environment: censored [21:53]
rg As you can see it does not list by IP address and has no option to do so. [21:53]
rg Tell you what, you show me your client list and ill show you mine [21:53]
rg it gets ugly after that.. [21:53]
jcpham i bet [21:53]
jcpham two alpha-admins butting heads [21:53]
rg well [21:53]
rg the best part is [21:53]
rg another tech steps in [21:53]
rg and gives me the IPs [21:53]
rg ;> [21:53]
BTCHero lol, if I paid for something I wouldn't even entertain bullshit like that. [21:54]
rg well [21:54]
rg i needed them [21:54]
BTCHero oh you were asking for more? [21:54]
rg duh [21:54]
BTCHero for some reason i just thought they were asking about why you had so many already [21:55]
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rg they asked me to justify my previous 32 ip subnet [21:55]
rg to get new one [21:55]
rg and i did [21:55]
rg i told them we're a vps provider, have 100 clients, and each has at least one ip [21:55]
jcpham sounds like CHris is paranoid of your business [21:56]
rg and he said sure, give me their names and emails [21:56]
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rg and which ip theyre using [21:56]
Shibofu Buying BTC via PP/MP. [21:56]
rg claiming it was for ARIN [21:56]
BTCHero Shibofu do you already have a moneypak? [21:56]
Shibofu yes [21:56]
jcpham sounds like he wants to register each IP with arin? [21:56]
BTCHero how much? [21:56]
Shibofu 265 [21:56]
BTCHero oh nevermind [21:56]
Shibofu =P [21:56]
rg i ordered another 32 ip subnet [21:56]
Shibofu too much? haha [21:56]
BTCHero :( [21:56]
rg so 64 total [21:56]
Shibofu dayyyum [21:56]
jcpham so each customer's /32 gets an arin reg? [21:57]
BTCHero I mean i have that many, but i don't want to sell that many [21:57]
jcpham sounds excessive [21:57]
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Shibofu oh ok i gotcha [21:57]
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rg interestingluy enough [21:57]
rg they did SWIP us [21:57]
rg which i didnt ask for [21:57]
jcpham if i had to guess Chris is following SWIP rfc [21:58]
jcpham or something [21:58]
jcpham I haven't run into this [21:58]
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rg network:Org-Name:BitVPS [21:58]
rg yeah well, i never asked to be SWIp'd [21:58]
rg i asked for ips [21:59]
rg they gave them out before no problem [21:59]
jcpham shrug [21:59]
rg the other DC's we are in.. i ask for IP's they say what are they for [21:59]
rg i show them bitvps.com [21:59]
rg and they say ok [21:59]
rg and send me ab ill [21:59]
jcpham send him: [22:00]
jcpham https://lh5.googleusercontent.com/-UrVtmuLtfaA/T3SpL0zFS9I/AAAAAAAAMuk/x0fL-8OKWc8/w402/554016_10150647034902675_650347674_9666365_1348430131_n.jpg [22:00]
* gribble gives voice to andress [22:00]
rg needless to say i doubt this dude will be answering my support tickets any tim soon [22:01]
mircea_popescu anybody know right off what's the surface area of a needle point ? [22:01]
mircea_popescu as in, degree of magnitude ? [22:01]
Shibofu Buying BTC via $265 MP/PP [22:03]
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mircea_popescu im going with 10 ^ -18. [22:07]
weex mircea_popescu: how do you define the tip? [22:07]
BTC_Bear mircea_popescu: off hand, 1 Å [22:08]
subpar ;;getrating shibofu [22:08]
mircea_popescu sharpest point ? [22:08]
weex no such thing as a point there [22:08]
weex you'd have to specify angle to the axis of the pin [22:08]
weex on a small enough scale it's rounded [22:08]
mircea_popescu BTC_Bear 10 -20 might be an overstatement [22:08]
mircea_popescu weex actually i guess that's a pretty good point, it doesn't end in a surface does it [22:09]
mircea_popescu flat surface* [22:09]
weex you can imagine a cone that it fits into [22:10]
mircea_popescu prolly more like a dome than a cone i;d guess [22:10]
weex then take the area of the part of a sphere inside where it intersects the cone [22:10]
weex wait...wtf is this question? [22:10]
mircea_popescu well... you won't believe it, but... [22:10]
mircea_popescu it's part of an effort to determine geometrit properties of angels. [22:10]
mircea_popescu geometric* [22:10]
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weex nonsense...i'm out [22:11]
mircea_popescu yea. [22:11]
weex back...look up an electron microscope image of a pin [22:11]
weex i'm sure people like to take pictures of it [22:11]
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mircea_popescu i guess it'd be a prime target yea. [22:12]
weex but isn't it the head of the pin that angels dance upon? [22:12]
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BTC_Bear No, they are dancing on a Quadratic function of two intersecting parabolas [22:13]
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rg these asshole mexicans are outside doing landscaping [22:13]
rg i cant hear shit [22:13]
rg we live on a concrete yard [22:13]
rg how much god damn landscaping can there be to do [22:14]
phantomcircuit lol [22:14]
BTC_Bear heard of, Rock Gardens [22:14]
rg omg [22:14]
rg i just looked outside what theyre doing [22:14]
rg now i feel bad [22:14]
jcpham rg offer them molta [22:14]
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rg i just yelled chupa me pene [22:15]
rg out the window [22:15]
Blitzboom http://i.imgur.com/jL6Jd.png [22:15]
jcpham wonderful [22:15]
BTC_Bear chimichunga !! [22:15]
jcpham 2012-03-30 14:16:06 (348 KB/s) - `jL6Jd.png' saved [308901/308901] [22:16]
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BTC_Bear Blitzboom: Even the old people know that LE stopped serving the People. [22:16]
rg oh lovely [22:17]
rg no wonder chi3 is acting ups [22:17]
rg someone is running bitcoin-qt [22:17]
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rg why would you order a server.. .to run bitcoin-qt [22:17]
Blitzboom BTC_Bear: so who are they serving now? [22:18]
* hippos4lyfe is now known as hngryhngryhippo [22:19]
BTC_Bear Long list, 1. Self interest, 2. Union, 3. There Bosses and who is in office, and on and on... [22:19]
Blitzboom ok [22:19]
BTC_Bear There are some tho... [22:19]
MORA| ;;rate aparigraha 1 traded PPUSD for BTC, no problems [22:19]
gribble Rating entry successful. Your rating of 1 for user aparigraha has been recorded. [22:19]
BTC_Bear That get it.. [22:19]
mircea_popescu http://www.mentalfloss.com/blogs/archives/121946 get a load of this. laugh epidemic [22:20]
aparigraha ;;rate MORA 1 Sold small piece of coin for PayPal. Looks good. Thank you [22:20]
gribble Rating entry successful. Your rating of 1 for user MORA has been recorded. [22:20]
* terry is now known as BruceFagner [22:21]
BubbleBoy99 corporate capitalist interests and they don't even know it [22:21]
* Toasticles_ is now known as Toats [22:23]
rg hulu is lagging like a motherfucker today [22:24]
mircea_popescu the power of random is particularly strong with -etc today [22:25]
BruceFagner yes [22:25]
mircea_popescu FAGner !? [22:25]
BruceFagner mmhm [22:26]
occulta ;;remove 7462 [22:26]
occulta ;;remove 7432 [22:26]
gribble Order 7432 removed. [22:26]
mircea_popescu I guess its better than ben dover... [22:27]
Shibofu ;;tick [22:27]
gribble I do not know about 'tick', but I do know about these similar topics: 'ticker' [22:27]
Shibofu ;;ticker [22:27]
gribble Best bid: 4.84792, Best ask: 4.85251, Bid-ask spread: 0.00459, Last trade: 4.85258, 24 hour volume: 40716, 24 hour low: 4.71699, 24 hour high: 4.88 [22:27]
rg holy shity [22:28]
rg ;;asks 5 [22:28]
gribble There are currently 21331.689 bitcoins offered at or under 5.0 USD, worth 105629.163444 USD in total. [22:28]
mircea_popescu moving up is it. [22:28]
rg once again it starts go up [22:28]
mircea_popescu yup. [22:28]
rg after i sold yesterday [22:28]
mircea_popescu aww [22:28]
rg i had to [22:28]
rg we had a bill due [22:28]
mircea_popescu it prolly does it deliberately. [22:29]
rg they didnt do a very good job outside [22:30]
rg they were cleaning the sand off the concrete [22:30]
Shibofu ;;rate BubbleBoy99 1 traded PPUSD for BTC, Smooth transaction [22:32]
gribble Rating entry successful. Your rating of 1 for user BubbleBoy99 has been recorded. [22:32]
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rg i wonder how much it'd cost to advertise bitcoin [22:33]
rg on a major site [22:33]
rg something like ... [22:33]
rg cnn.com [22:33]
Blitzboom paying dollars to advertise bitcoins? [22:34]
rg yes [22:34]
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rg ugh im such a scuzz bucket [22:40]
rg someone emails to cancel a VPS [22:41]
rg and i sell them a dedicated server [22:41]
rg what happened to me [22:41]
rg fucking sales running through my blood [22:41]
splatster rg: You terrible person! [22:41]
rg i hate sales [22:42]
rg but im pretty good at it [22:42]
rg at least im good at it through an IRC window [22:42]
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* subpar heads to bitvps to look around [22:45]
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Tril did anyone else just see an enormous ask wall for a minute [22:48]
rg subpar: dont order right now [22:49]
rg if you decide to [22:49]
rg im moving the bitcoind [22:49]
copumpkin Tril: enormous means different things to different people [22:49]
copumpkin Tril: what scale are you talking about? [22:49]
rg trying out our new super-secure bitcoind patc [22:49]
subpar no worries - just browsing [22:49]
Tril copumpkin: 340k BTC / $1.66 million USD [22:49]
copumpkin Tril: lol [22:50]
rg lol Tril [22:50]
rg ;;market buy 340000 [22:50]
gribble This order would exceed the size of the order book. You would buy 264689.69 bitcoins, for a total of 316573032809.7681 USD and take the price to 1337000000000.0000. [22:50]
* JimmyHo2 (~JimmyHo2@d24-150-166-146.home.cgocable.net) has joined #bitcoin-otc [22:50]
rg ;;market buy 1066000 [22:50]
copumpkin Tril: well, keep in mind that you can write whatever you want into an order, and it'll appear very briefly until mtgox realizes you can't fund it, and then removes it [22:50]
subpar the price is leet [22:50]
gribble This order would exceed the size of the order book. You would buy 264689.69 bitcoins, for a total of 316573032809.7681 USD and take the price to 1337000000000.0000. [22:50]
subpar excellent [22:50]
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Tril copumpkin: didn't know the feed showed unfunded orders for a moment.. that could explain it. [22:52]
copumpkin I've made pranks like that, too [22:52]
copumpkin unless they've fixed mtgox [22:52]
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MindChild ;;guide [22:54]
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* Toats has quit (Ping timeout: 260 seconds) [23:00]
* Toasticles_ is now known as Toats [23:00]
Toats ;;guide [23:00]
* Toasticles has quit (Ping timeout: 244 seconds) [23:01]
AndrewNTH hi Toats [23:02]
BruceFagner sup [23:03]
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AndrewNTH hi BruceFagner [23:05]
BruceFagner yo [23:05]
copumpkin clever name. [23:05]
rg ùíù Toasticles [~Toasticle@94-194-211-32.zone8.bethere.co.uk] has joined #bitcoin-otc [23:05]
rg ùíù torsthaldo [~torsthald@ns241a.studby.ntnu.no] has joined #bitcoin-otc [23:05]
rg ùíù Toasticles_ [~Toasticle@94-194-211-32.zone8.bethere.co.uk] has joined #bitcoin-otc [23:05]
rg am i the only one who notices that? [23:05]
rg well [23:05]
rg neermind [23:05]
rg i thought they were more similar [23:05]
rg than they actually are [23:05]
Toats hey AndrewNTH :) [23:05]
Toats rg: I'm Toasticles and the one with the _ [23:06]
Toats The nicks when I ping out lol. [23:06]
Toats If I've identified with Toats, the other ones should drop out. [23:06]
Toats Forgot to register for the rating system lol, which I'm doing now. Installing GPG [23:06]
torsthaldo wat... :P [23:06]
splatster Toats: You have like 4 nicks. [23:06]
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Toats splatster, Toats is the only one on this address, and the only one I know of that's connected, splatster :/ [23:07]
Toats I have a few grouped though lol. [23:07]
* vraa (~vraa@99-20-201-122.lightspeed.hstntx.sbcglobal.net) has joined #bitcoin-otc [23:08]
rg okay new bitcoind active [23:09]
rg lets hope it doesnt crash and die [23:09]
rg and/or get owned [23:09]
rg ;;bc,blocks [23:10]
* splatster kills rg's new bitcoind [23:10]
gribble 173606 [23:10]
rg splaster: well [23:10]
rg its got host based restrictions [23:10]
rg the web server is the only IP that can connect [23:10]
rg and all it can do is getinfo, getbalance, getnewaddress, listtransactions [23:10]
splatster rg: second time you misspell my name :( that makes me a sad panda... [23:10]
rg but if you connect to the wallet on 127.0.0.1, you can do the other functions [23:10]
splatster Ah, so you actually got that setup. [23:11]
rg its just cause i dont trust the proprietary web apps we have to use for the business [23:11]
rg so if the web server gets owned [23:11]
rg i want the wallet protected [23:11]
* ovidiusoft (~ovidiusof@86.127.142.37) has joined #bitcoin-otc [23:11]
splatster Yup, you explained the idea a while ago. [23:11]
* Shibofu has quit (Ping timeout: 245 seconds) [23:11]
* jb55 has quit (Ping timeout: 260 seconds) [23:11]
splatster So that you can keep the webserver and the server with bitcoind on it separate [23:12]
rg well [23:12]
rg kinda [23:12]
rg its just to protect it from anyting [23:12]
* jb55 (~jb55@24-52-246-111.cable.teksavvy.com) has joined #bitcoin-otc [23:12]
rg until the bitcoin-devs do it the proper way [23:12]
splatster yup [23:12]
* yossarian_ has quit (Ping timeout: 246 seconds) [23:12]
splatster It's a great idea though [23:12]
splatster Definitely the way to go if you are running a bitcoin website. [23:13]
SerajewelKS rg: i actually go even further. bitcoind runs on a separate box and the web app cannot talk to it at all. [23:14]
* bluemoon44 has quit (Ping timeout: 244 seconds) [23:15]
rg sera: the webapp has to talk to bitcoind [23:15]
rg or else it wont know when people paid [23:15]
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rg and it also has to generate new addresses [23:15]
rg to keep track of payments [23:15]
SerajewelKS no it doesn't [23:15]
rg well, our billing system does [23:15]
rg so i did what i could [23:15]
rg with what i have [23:15]
* bluemoon44 (~talalala@adsl-65-0-172-187.jan.bellsouth.net) has joined #bitcoin-otc [23:15]
mircea_popescu gosh i can't wait for midnight already. [23:16]
SerajewelKS i have an every-minute cron job. it refills a pool of unused addresses in the db. so when the app needs a new address it can pull one out of that table. [23:16]
SerajewelKS same with transactions -- it pushes transaction data into the db, where the web app can query it [23:16]
bonks mircea_popescu: what happens at midnight? [23:16]
rg oh SHIT [23:16]
rg proxmox 2.0 out of beta)(&%)(@&%()@# [23:17]
SerajewelKS there are still some theoretical attacks, but the web app has 0 contact with bitcoind [23:17]
BruceFagner rg: proxmox is nice [23:17]
mircea_popescu bonks options month closes. [23:18]
SerajewelKS the bitcoind box pushes data only, it does not allow data to be pulled [23:18]
mircea_popescu SerajewelKS i would say the separate app is the way to go. [23:18]
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SerajewelKS mircea_popescu: hmm? [23:18]
mircea_popescu " bitcoind runs on a separate box and the web app cannot talk to it at all." [23:18]
SerajewelKS ah [23:19]
SerajewelKS yes, it is actually working great in testing too [23:19]
occulta what if you want to send funds? [23:19]
occulta does it work the same? [23:19]
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SerajewelKS occulta: the web app inserts a "pending withdrawal" record, which the cron script checks [23:20]
mircea_popescu wow look at that, huge selloff in the middle of rally, price continues up unabated. [23:21]
bonks what are options months? what am i missing out on??!? [23:21]
MORA| you dont even need an exposed bitcoind for getting payments, pre generate a bunch of addresses and just monitor them for payments, the bitcoind doing the monitoring does not need the private keys... the tx data is public after all [23:21]
occulta ic [23:21]
mircea_popescu bonks : http://polimedia.us/bitcoin/options.php [23:21]
SerajewelKS occulta: this is a potential vulnerability, mitigated by db security mechanisms. so compromising the web application is not enough, you would need to compromise the entire machine (root) or compromise a database user with superuser privileges to be able to insert withdrawal records. [23:21]
* draco49 has quit (Ping timeout: 244 seconds) [23:21]
* hngryhngryhippo has quit (Read error: Connection reset by peer) [23:21]
AndrewNTH does a transaction become confirmed after 1 confirmation [23:21]
* Toats has quit (Ping timeout: 248 seconds) [23:21]
* Toasticles_ has quit (Read error: Connection reset by peer) [23:21]
AndrewNTH as in, can i sent it to other people after that? [23:21]
SerajewelKS AndrewNTH: technically six [23:21]
SerajewelKS AndrewNTH: but yes, one is enough to resend [23:21]
AndrewNTH ok [23:21]
AndrewNTH thanks SerajewelKS [23:21]
occulta best hope you have no RCE's and an up to date kernel then :) [23:21]
BruceFagner SerajewelKS: that is some arbitrary number chosen by satoshi [23:22]
SerajewelKS BruceFagner: yes [23:22]
SerajewelKS occulta: but the cron script will enforce withdrawal limits [23:22]
SerajewelKS occulta: and do audits against accounts before withdrawing [23:22]
SerajewelKS occulta: (against local data) -- so if the db does get owned, there is still a failsafe [23:23]
occulta i was referring to your box being rooted [23:23]
occulta but sure, it sounds great :) [23:23]
SerajewelKS if the web app box is rooted, this would still limit damage [23:23]
occulta RCE and a kernel exploit is all it takes [23:23]
occulta bit of an ask i guess though [23:23]
bonks mircea_popescu: great, the bitcoin world keeps expanding. i started with a news article link on bitcoins in my bookmarks and now i have a bitcoin folders with about 2 levels of sub folders =/ [23:23]
occulta :) [23:23]
SerajewelKS eh, no. you're not understanding me. [23:24]
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occulta there is no wallet that can just be stolen ? [23:24]
mircea_popescu bonks heheeh. [23:24]
SerajewelKS occulta: the web box won't know its address, because it doesn't need it [23:24]
occulta im talking about the server with bitcoind running on it btw [23:24]
mircea_popescu bonks here, let me give you another one : http://polimedia.us/trilema/2012/sa-ne-jucam-de-a-investitiile-n-bitcoini/#comment-78745 [23:24]
SerajewelKS occulta: so first you would have to discover that information, which will not be available on the web server [23:24]
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occulta if its not allowing any connections apart from bitcoind pot then i guess thats a good start :) [23:25]
occulta good point [23:25]
occulta :) [23:25]
AndrewNTH ;;orders [23:25]
occulta write a paper :P [23:25]
SerajewelKS occulta: then you would have to break into a box that has a reject-all-incoming (except 8333) iptables configuration, as well as behind a NATing router [23:25]
SerajewelKS so two firewalls to defeat [23:25]
occulta like i just said ^ [23:25]
SerajewelKS at an IP address you don't know [23:25]
SerajewelKS :) [23:25]
occulta sexy tbh [23:25]
SerajewelKS i put a lot of thought into it [23:26]
bonks mircea_popescu: thanks, i'll check it out when i catch a break [23:26]
occulta seems very simple [23:26]
SerajewelKS easier would be to compromise the db on the website, but again there will be cached data on the bitcoind box that will be used to verify [23:26]
occulta once someone outlines it :) [23:26]
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SerajewelKS so if the attacker screws up any data already seen by the script, it will suspend all activity until someone turns it back on [23:26]
SerajewelKS a tripwire, if you will [23:27]
occulta like i said, write a paper [23:27]
SerajewelKS plus it will enforce daily withdrawal limits, etc etc [23:27]
SerajewelKS i might [23:27]
mircea_popescu SerajewelKS or start offering this as a service [23:27]
mircea_popescu sort of "managed for security bitcoind vps" [23:27]
occulta not bad shout either [23:28]
SerajewelKS well the point of this is that you don't have to trust anyone but yourself... you run the bitcoind on a box at your house [23:28]
SerajewelKS in fact that's what i plan to do [23:28]
mircea_popescu get bonded, so you can make a claim like "will repay any losses up to X btc" [23:28]
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* Toasticles is now known as Toats [23:28]
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SerajewelKS i have a UPS powering this box and my modem, so the biggest possible point of failure is my ISP [23:29]
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SerajewelKS at first i expect i will supervise the withdrawal script (do a dry run, do some checking, then let it complete) but eventually the goal is to have withdrawals processed on a schedule, to give time for human intervention [23:31]
SerajewelKS twice a day or so [23:31]
rg SerajewelKS: do you plug your mointor into the UPS? [23:31]
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SerajewelKS rg: no [23:32]
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SerajewelKS it is running two computers though, and a modem, router, and external HDD. but given that it can still provide power for ~25-30 mins [23:32]
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SerajewelKS and in this area, outages usually last 5-10 seconds [23:33]
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SerajewelKS i am more worried about hardware failure on the box itself than any external problems (power/ISP) [23:34]
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SerajewelKS but it will be running inside a VM, which will be stored on a RAID1. so if the host machine dies, i can at least recover fairly quickly by booting the VM somewhere else while i conduct repairs. [23:35]
* Toasticles_ (~Toasticle@94-194-211-32.zone8.bethere.co.uk) has joined #bitcoin-otc [23:35]
rg i dont think we've lost power once [23:35]
rg in the two years ive lived hear [23:35]
rg here [23:35]
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SerajewelKS we have a short blip maybe once a month. the power company blames animals. in a city. shrug. [23:36]
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bolux ok, so how the fugly can I get 1 bitcoin ? [23:41]
bolux pretty please.... [23:42]
Coolty ;;tell bolux [guide] [23:42]
rg Sera: in teh nicest house ie ver lived in [23:43]
rg it was properly owned by the electric company [23:43]
rg best power ever [23:43]
rg even if it went out, we were *always* the first to get it back [23:43]
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BruceFagner If anyone wants a nice nickname, you can take BurtSwagner. [23:44]
BruceFagner I'd do it, but I love this one too much. [23:44]
bolux thanks for the help [23:44]
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jcpham i would expect disk io on a raid1 to be intense [23:45]
jcpham bitcoind, that is [23:45]
rg this dudes bitcoind is still syncing [23:46]
rg i bet he started from the beginning [23:46]
rg meaning this system is gonna be lagged all day [23:46]
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mircea_popescu rg : maybe offer a full blockchain somewhere ? [23:46]
mircea_popescu so ppl don't need to sync themselves [23:46]
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jcpham then he'd have to provide support [23:47]
jcpham on how to download the blockchain mnually [23:47]
* h4ckm3 (~j@67.21.91.19) has joined #bitcoin-otc [23:47]
kakobreklaa mircea_popescu http://bitcoin.bluematt.me/bitcoin-nightly/blockchain-nightly/ [23:47]
kakobreklaa ah [23:48]
kakobreklaa moved to http://eu1.bitcoincharts.com/blockchain/ [23:48]
mircea_popescu seems better than lagged boxes [23:48]
jcpham i wouldn't put a bitcoind on a raid1 [23:48]
jcpham i might backup my wallet to a raid1 [23:48]
mircea_popescu 100mb per month huh [23:49]
mircea_popescu the fuck will we do in 2050, when the fastest hard drive is a big stack of vellum ? [23:49]
lordcirth_ Everyone will have cheap SSDs [23:50]
phantomcircuit most people dont need 99% of the blockchain [23:50]
phantomcircuit it's a trade of between how much you know and how much you're willing to trust a third aprty [23:51]
rg mircea_popescu: clearly i do [23:51]
rg no one uses it [23:51]
rg us1.bitvps.com/blockchain/ [23:51]
mircea_popescu rg insanity ;/ [23:51]
mircea_popescu phantomcircuit yea. [23:51]
lordcirth_ Well, storage space should keep up with the demand. SSD's will eventually be 10c/GB [23:52]
phantomcircuit an actually i have the blockchain on a tmpfs with the wallet.dat symlinked [23:52]
occulta who needs such large storage space? [23:52]
occulta im actually ok with 120gb for my running OS [23:53]
occulta more than enough [23:53]
* PaulZag has quit (Quit: changing servers) [23:53]
* subpar still uses 80gb X25-M [23:53]
lordcirth_ I just backed up my Kubuntu partition, that I use for everything. 16.5GB [23:54]
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AcidicChip Anyone think we'll see 4.9 in the next 12 hours? [23:55]
AcidicChip ;;asks 4.9 [23:55]
gribble There are currently 6112.6226 bitcoins offered at or under 4.9 USD, worth 29876.412885 USD in total. [23:55]
jcpham ;;market buy 802.9 [23:55]
gribble A market order to buy 802.9 bitcoins right now would take 3909.2553 USD and would take the last price up to 4.8700 USD. [23:55]
SerajewelKS rg: nice. though i'd rather live in a house owned by an ISP. :) [23:55]
jcpham ;;market sell 633.7 [23:56]
gribble A market order to sell 633.7 bitcoins right now would net 3046.8012 USD and would take the last price down to 4.8000 USD. [23:56]
jcpham ;;asks 4.9 [23:57]
gribble There are currently 6103.9426 bitcoins offered at or under 4.9 USD, worth 29833.1534642 USD in total. [23:57]
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occulta ooo [23:57]
occulta ;;ticker [23:58]
occulta still stable then, kinda [23:58]
appleseedlover11 so how does this work [23:58]
* coincurious (d07ba202@gateway/web/freenode/ip.208.123.162.2) has joined #bitcoin-otc [23:58]
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rg ;;asks [23:58]
gribble (asks [--over] ) -- Calculate the amount of bitcoins for sale at or under . If '--over' option is given, find coins or at or over . [23:58]
rg ;;market [23:59]
gribble Documentation for the #bitcoin-market channel: http://wiki.bitcoin-otc.com/wiki/Bitcoin-market [23:59]
rg ;;ticker [23:59]
gribble Best bid: 4.83501, Best ask: 4.8669, Bid-ask spread: 0.03189, Last trade: 4.8697, 24 hour volume: 40287, 24 hour low: 4.71699, 24 hour high: 4.88 [23:59]
* lordcirth_ has quit (Remote host closed the connection) [23:59]
rg one thing ill say about paypal [23:59]
rg is that the subscriptions make running a business 100% easier [23:59]
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