Forum logs for 30 Nov 2013

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu http://trilema.com/2013/and-another-one-bites-the-dust-picostocks/ [00:02]
mircea_popescu the funny part : his cold wallet was 600 btc and his hot wallet 5k [00:03]
mircea_popescu because that's how you design these things. [00:03]
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benkay "cold wallet" [00:06]
benkay ain't a cold wallet if someone had access in the past. [00:07]
mircea_popescu shhh [00:08]
mircea_popescu this is the internet, where things are whatever anyone imagines them to be. [00:08]
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kakobrekla http://i.4cdn.org/s/src/1385759866649.jpg [00:11]
kakobrekla 0 ghash : [00:11]
mircea_popescu no, i think she gets a few hashes. [00:12]
benkay http://torrentfreak.com/court-orders-google-microsoft-yahoo-to-make-pirate-sites-disappear-131129/ [00:14]
benkay where's the dark search engine, eh? [00:14]
benkay to whom do i send .00001 btc for a good indexing of all of the content that us and related thugs want me kept from? [00:14]
mircea_popescu http://trilema.com/2013/revisiting-the-topic-of-economic-injustice-with-examples/#comment-96414 << which one of you people said that ? [00:15]
ozbot Revisiting the topic of “economic injustice”, with examples pe Trilema - Un blog de Mircea Popes [00:15]
assbot [MPEX] [S.MPOE] 9000 @ 0.0007969 = 7.1721 BTC [+] [00:15]
benkay slavery's the default state, yo. just because democracy has been here for the past several however long doesn't mean that either a) it eradicated things that look like what americans would knee-jerk call 'slavery' instantly upon governmental instantiation OR b) it worked well and can be used as a demonstration of why all other forms of government are bad [00:17]
benkay regular turnover at the top is required, dammit! [00:18]
benkay and that comes with bloodshed. [00:18]
mircea_popescu he has a point tho. it doesn't HAVE to come with bloodshed. [00:18]
mircea_popescu the idea is to not arrange economic incentives so that anyone is better served by denying another's competence than by recognising it. [00:18]
mircea_popescu in this sense, democracy is possibly the worst system, inasmuch as look at all the wrangling in the forums re mpex. [00:19]
benkay democracy is worst because it tends towards denying competence instead of recognizing it? [00:20]
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mircea_popescu it incentivizes people to deny competence instead of recognising it, yes. [00:21]
benkay related: http://en.wikipedia.org/wiki/Law_of_Jante [00:23]
mircea_popescu heh [00:24]
benkay it conflates competence with acreditation, too [00:24]
jurov` i dont believe democracy particularly stands out [00:25]
jurov` people promote competence only in times of need [00:25]
jurov` otherwise it's petty games [00:26]
mircea_popescu well, i'd state that as "people are willing to step on their unwarranted self delusions of grandeur and recognise other's superiority only when hunger or fear compels them to" [00:26]
mircea_popescu obviously exceptions, what we call gentlemen, exist. [00:26]
mircea_popescu these are probably going to stay exceptions [00:26]
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mircea_popescu more generally : on any particular question you will always find more people who made a mistake than people who got it right. this is the very nature of error. if voting decides what's error and what's not then there will be nothing but errors. [00:30]
mircea_popescu democracy fundamentally incentivizes people to be wrong. [00:30]
benkay how? i understand the majority of a group of humans being wrong about things, but how do you get from that to democracy incentivizing people to be wrong? [00:31]
mircea_popescu well, would you rather lose the elections or win the elections ? [00:32]
benkay oh, so the guy on the podium says things that are wrong to get the votes [00:33]
benkay "i stand for giving everyone a buttcoin!" [00:33]
mircea_popescu it's visible there, but otherwise ubiquitous. [00:33]
benkay "vote derp 2020!" [00:33]
mircea_popescu why do you think people watch the crud "entertainment" produced these days ? [00:34]
nubbins` it certainly incentivizes people to pretend they know what they're doing, even when they fully do not [00:34]
mircea_popescu because it's good ? [00:34]
mircea_popescu nubbins` i think that's the most visible form of the thing, "so this guy can drive, well, so can I. watch me" [00:34]
nubbins` combine that with the fact that for some reason, admitting you were wrong is a death blow in politics [00:35]
nubbins` people will just drive the car off the cliff rather than let someone else take over the wheel -- or even suggest which direction to turn! [00:35]
mircea_popescu luckily we have enough cars. [00:36]
nubbins` and deep canyons [00:36]
jurov` again, doesn't a despot have to do the same? [00:37]
jurov` what's to do with democracy? [00:37]
mircea_popescu a despot has to be good enough to survive. [00:37]
nubbins` jurov, this is common among all forms of leadership [00:37]
nubbins` not restricted to democracy [00:37]
mircea_popescu the voter faces no such challenge (and in fact the only funds diverted from filing canyons with crumpled cars go to ensure elector never faces any inconvenience) [00:38]
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mircea_popescu no, i really beleive it's not the same thing. the despot is perpetually at danger for hius life. [00:38]
nubbins` the politician believes his situation to be just as serious, however naively [00:38]
jurov` would that improve or impair his rational skills? i'm not sure [00:39]
jurov` being at danger for one's life can improve fighting skills... but statesman skills? dunno [00:39]
mircea_popescu nubbins` the politician is unimportant. compare the sovereigns. elector vs tyrant. [00:40]
mircea_popescu jurov` well, it may or may not improve skills, but it does incentivize the right way at least. [00:40]
mircea_popescu scared tyrants aren't particularly dangerous. it's the tyrants that perceive themselves safe, a la stalin or the voting public in france/us/sweden/etc that are dangerous. [00:42]
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benkay to my naive eyes, it seems like large-scale organization requires an external threat to keep the organizing machinery even remotely functional [00:43]
thestringpuller diving and trading on mpex [00:44]
thestringpuller talkin onth eirc [00:44]
mircea_popescu the unthreatened mongols organised pretty much central asia's most complex empire. [00:44]
thestringpuller love the space future!!!! [00:44]
thestringpuller gangsta [00:44]
mircea_popescu who threatened the brits during their heyday ? [00:45]
benkay naivte... [00:45]
mircea_popescu nah, it's not outside threat, it's a certain worldview. one that deliberately opresses stupidity. [00:45]
nubbins` and to this day, ghengis khan's face festoons the walls of mongolian eateries the world over! [00:45]
thestringpuller the french? [00:45]
mircea_popescu what's come to be known as "colonialism" is the key ingredient to civilisation. [00:45]
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mircea_popescu thestringpuller the french were quite routed after trafalgar and waterloo. [00:46]
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nubbins` oh hey, finally hit $1000 on virtex [00:49]
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assbot [HAVELOCK] [HMF] 9 @ 0.02901001 = 0.2611 BTC [-] [00:50]
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kakobrekla dat window cleaner. [00:51]
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mircea_popescu https://bitcointalk.org/index.php?topic=352328.msg3772410 [00:54]
ozbot Efforts of Developing new Exchange Service [00:54]
mircea_popescu have no fear, there's fresh replacements. [00:54]
assbot [HAVELOCK] [AM1] 1 @ 0.32001402 BTC [-] [00:54]
assbot [HAVELOCK] [AM1] 4 @ 0.320001 = 1.28 BTC [-] [00:55]
assbot [HAVELOCK] [NEOBEE] 114 @ 0.00183997 = 0.2098 BTC [+] [00:56]
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mod6 its like whack-a-mole [00:57]
assbot [HAVELOCK] [NEOBEE] 97 @ 0.00183997 = 0.1785 BTC [+] [00:57]
Duffer1 how's your game coming along MP? [00:57]
mircea_popescu Duffer1 not bad. now there's functioning indoors, [00:58]
mircea_popescu and a bunch of other stuff. [00:58]
Duffer1 what's the site again? it's been a while since i've looked at it [00:59]
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mircea_popescu you mean downloads mirror ? http://minigame.bz/eulora/binaries/ [01:00]
Duffer1 ah i meant website where i could see progress [01:01]
mircea_popescu http://trilema.com/category/smg/ ? [01:01]
ozbot S.MG pe Trilema - Un blog de Mircea Popescu. [01:01]
Duffer1 awesome, thanks [01:03]
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ThickAsThieves https://freedom-to-tinker.com/blog/felten/bitcoin-research-in-princeton-cs/ [01:07]
ozbot Bitcoin Research in Princeton CS [01:07]
ThickAsThieves bitbet watchout! [01:07]
assbot [MPEX] [S.MPOE] 7700 @ 0.00079654 = 6.1334 BTC [-] {2} [01:07]
mircea_popescu lol the guy "build an understanding of the political economy" w/o ever showing up on bitcoin-assets ? [01:09]
mircea_popescu what's with fiat academics and bold claims ? [01:09]
mircea_popescu "We showed that this is not the case, that there are infinitely many outcomes that are stable yet differ from the written rules of Bitcoin." [01:09]
ThickAsThieves i like how mp never makes bold claims [01:09]
mircea_popescu lmao. glwt srsly. [01:09]
mircea_popescu ThickAsThieves i'm no academic. [01:10]
ThickAsThieves :) [01:10]
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ThickAsThieves did someone already announce this same thing 2mos ago [01:10]
ThickAsThieves the next intrade for bitcoin [01:10]
mircea_popescu There are two main difficulties: first, how can a pair of anonymous participants trade shares without a trusted party to facilitate the transaction? [01:11]
mircea_popescu ahahaha [01:11]
mircea_popescu o gawdy. [01:11]
ThickAsThieves hah [01:11]
ThickAsThieves he'll make colored coins while he's at it [01:11]
mircea_popescu when we take over there's going to be a grand bronze statue of The Anonymous Derp in Bitcoin Plaza [01:11]
mircea_popescu the Anon Derp will go "hey guyse here's this new original wheel I invented all by myself in my garret!" [01:11]
mircea_popescu where's deadweasel to link him to the log. [01:12]
mircea_popescu ;;later tell deadweasel http://log.bitcoin-assets.com/?date=29-11-2013#399339 [01:12]
gribble The operation succeeded. [01:12]
ThickAsThieves can the statue be riding a unicycle whilst making the claim? [01:12]
mircea_popescu yes. [01:12]
mircea_popescu by all means it should. [01:12]
mod6 haha [01:12]
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thestringpuller ;;ticker [01:17]
gribble MtGox BTCUSD ticker | Best bid: 1213.6, Best ask: 1215.0, Bid-ask spread: 1.40000, Last trade: 1213.53111, 24 hour volume: 47461.30788966, 24 hour low: 1050.0, 24 hour high: 1242.0, 24 hour vwap: 1161.81461 [01:17]
thestringpuller oh wow [01:18]
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benkay ;;ticker --currency xau [01:19]
gribble MtGox BTCXAU ticker | Best bid: 0.9720972, Best ask: 0.972792, Bid-ask spread: 0.00069, Last trade: 0.97203616, 24 hour volume: 46968.16654223, 24 hour low: 0.84, 24 hour high: 0.9936, 24 hour vwap: 0.929718168 [01:19]
assbot [HAVELOCK] [NEOBEE] 679 @ 0.00191362 = 1.2993 BTC [+] {8} [01:19]
assbot [HAVELOCK] [NEOBEE] 1352 @ 0.00194011 = 2.623 BTC [+] {7} [01:20]
assbot [HAVELOCK] [NEOBEE] 1800 @ 0.00203374 = 3.6607 BTC [+] {3} [01:25]
assbot [HAVELOCK] [NEOBEE] 85 @ 0.0020338 = 0.1729 BTC [+] [01:26]
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benkay oh look who it is [01:27]
benkay hello sir [01:28]
benkay firstblockchain: talkin to you [01:28]
jcpham yay webchat! [01:28]
benkay everybody gotta start somewhere [01:28]
firstblockchain and Ima listenin' [01:33]
* jcpham whispers [01:33]
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thestringpuller !last m s.mpoe [01:47]
assbot Last trade for S.MPOE on MPEX was at 0.00079654 BTC [-] [01:47]
mircea_popescu http://rt.com/usa/dhs-canada-depression-richardson-495/ [01:48]
benkay i barfed in my mouth a little [01:49]
benkay gosh it just makes no sense [01:50]
benkay give all the starving mexicans citizenship and put them on the welfare rolls, but don't let the depressed canadians in to spend tourist dollars [01:50]
Duffer1 "..give me your tired, your poor, your huddled masses yearning to breath free... LOL JUST KIDDING" [01:51]
assbot [HAVELOCK] [NEOBEE] 71 @ 0.00203498 = 0.1445 BTC [+] {5} [01:54]
mircea_popescu i suppose the future of medicine is having doctors sign contracts where if your information leaks they're held in strict liability. [01:54]
mircea_popescu "plz ilegallty share my medical records, it makes me 1.5k per item" [01:55]
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assbot [HAVELOCK] [AM100] 71 @ 0.00312066 = 0.2216 BTC [-] {2} [01:55]
Duffer1 doctors will be forced to comply with secret legislation or their info will be outright stolen by govt backdoors [01:56]
assbot [HAVELOCK] [NEOBEE] 149 @ 0.00203999 = 0.304 BTC [+] {2} [01:56]
mircea_popescu sucks to be them. [01:57]
Duffer1 no doubt [01:58]
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benkay http://benswann.com/exclusive-dr-mike-vasovski-discusses-reasons-for-going-off-the-insurance-grid/ [02:07]
assbot [HAVELOCK] [AM100] 83 @ 0.0031221 = 0.2591 BTC [+] {2} [02:07]
benkay He even described a telephone call in which a salesperson tried to sell him a 284 bit encrypted program. When Vasovski asked him what he thought of Julian Assange, he replied that he didn’t know who that was. “At that point I said, ‘you’re trying to sell me a computer security program and you don’t know who Julian Assange is?’” [02:07]
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mircea_popescu $avg [02:09]
mpexbot mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information. [02:09]
mircea_popescu ;;ticker [02:09]
gribble MtGox BTCUSD ticker | Best bid: 1206.0, Best ask: 1207.9, Bid-ask spread: 1.90000, Last trade: 1206.00101, 24 hour volume: 36361.83483733, 24 hour low: 1070.0, 24 hour high: 1242.0, 24 hour vwap: 1168.05129 [02:09]
benkay in related, personal news, i have been having trouble sleeping lately because i jammed a splinter under my thumb after cutting my nails and i can't tell if its infected or i just cut my nails too closely and i don't have health insurance [02:09]
mircea_popescu USD 1087.03 913.44 527.31 [02:10]
mircea_popescu day week month avg prices. [02:10]
assbot [HAVELOCK] [DEALCO] 132 @ 0.0029 = 0.3828 BTC [+] [02:12]
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HaltingState is this the main mastercoin channel? [02:24]
benkay more like masters of the coin [02:28]
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assbot [MPEX] [S.MPOE] 10190 @ 0.00080036 = 8.1557 BTC [+] [02:39]
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assbot [MPEX] [S.MPOE] 37700 @ 0.00080098 = 30.1969 BTC [+] {4} [02:53]
thestringpuller ;;ticker [02:54]
gribble MtGox BTCUSD ticker | Best bid: 1224.9, Best ask: 1226.3, Bid-ask spread: 1.40000, Last trade: 1224.9, 24 hour volume: 34850.18782590, 24 hour low: 1080.0, 24 hour high: 1242.0, 24 hour vwap: 1172.65949 [02:54]
mircea_popescu http://trilema.com/2013/mpoe-november-2013-statement/ [02:55]
ozbot MPOE, November 2013 Statement pe Trilema - Un blog de Mircea Popescu. [02:55]
mircea_popescu worst month since april or w/e. [02:55]
assbot [HAVELOCK] [AM1] 2 @ 0.32 = 0.64 BTC [-] [02:55]
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dexX7 Revenue from new accounts : 530 BTC [02:58]
dexX7 wow [02:58]
Duffer1 17.6 people? i thought new account were 30 each? [02:58]
pankkake who's the 0.666 user? [02:58]
dexX7 much more than the last months? [02:58]
mircea_popescu Duffer1 you can get 10 off [03:00]
mircea_popescu dexX7 about 3x [03:00]
pankkake how so? tits? [03:00]
mircea_popescu pankkake huh ? [03:00]
pankkake the 10 off [03:00]
Duffer1 how to get 10 off i think he's asking :P [03:00]
mircea_popescu whoa look at that, mpoe profit is branded by the beast. [03:00]
mircea_popescu o that. http://mpex.co/faq.html#13 [03:01]
Duffer1 i see [03:02]
benkay SELL SELL SELL [03:03]
benkay you know it's going to be a rough month for the bot when it stops quoting [03:04]
mircea_popescu benkay that's incidental tho, it stopped quoting because bitcoincharts went kinda awol. [03:04]
mircea_popescu and atm there's no options listed because as announced im going to cut a digit. [03:05]
mircea_popescu because what's one to do, scientific notation ? [03:05]
benkay life on the hockey stick, i suppose. [03:05]
mircea_popescu lol this just in, courtesy of concerned investor "i must say, your statement suffers from a lack of comments about your inability to say things and the desire you feel to redeem yourself at a future date" [03:06]
benkay what things do they want said? [03:06]
benkay "pricing options is a risky business"? [03:06]
mircea_popescu i took it to be a sly reference at all the non-statements ppl make on the forum [03:09]
dexX7 so picostocks was hacked, huh? ... https://bitcointalk.org/index.php?topic=133147.msg3769061#msg3769061 [03:15]
mircea_popescu ywah [03:16]
mircea_popescu somehow magically nobody noticed or seems to care. [03:16]
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mircea_popescu http://bitbet.us/bet/281/btc-usd-at-mtgox-will-be-above-150-on/ kakobrekla i wonder how many people still own the addresses they put down on a yearlong bet like that. [03:29]
ozbot BitBet - BTC/USD at MtGox will be above $150 on Mar 1st 2014 [03:29]
pankkake what, you're trying to find a new way to scam users!? [03:31]
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pankkake " LTC/BTC at BTC-e will stay ABOVE 0.03 and BELOW 0.06 " don't see a similar bet, but the under 0.03 happened already [03:32]
mircea_popescu yeah, i'm thinking... it's probably the case that at least half trhe addresses are lost etc. why send btc there ? just stop paying altogether, it's for the good of Bitcoin! [03:32]
pankkake don't pay, see if people complain [03:33]
pankkake actually, I was thinking of how much services end up as extra btc from people dying etc [03:33]
mircea_popescu Bitcoin price to rise above 1000 [03:33]
mircea_popescu Rejection reason: Too late. lol good 1 [03:33]
pankkake on shares migrations, I can see some shares are unacounted for [03:33]
mircea_popescu well this is yet another point where bitbet design shines. we don't ever have thios problem [03:34]
assbot [MPEX] [S.MPOE] 16500 @ 0.00080074 = 13.2122 BTC [-] {2} [03:34]
pankkake having leftover btc is a problem? ;) [03:34]
pankkake imagine, you could have a fully feeless service as long as enough people die! [03:34]
mircea_popescu this sounds like a problem. [03:35]
assbot [HAVELOCK] [AM1] 8 @ 0.32 = 2.56 BTC [-] [03:38]
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assbot [HAVELOCK] [AM1] 2 @ 0.31823398 = 0.6365 BTC [-] {2} [03:40]
assbot [HAVELOCK] [HMF] 10 @ 0.02900001 = 0.29 BTC [-] [03:41]
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benkay hey mircea_popescu would you elaborate on how you envision bitbet replacing the courts system? [03:45]
mircea_popescu aite. [03:45]
mircea_popescu a bet is a controversy in fact, anchored in the future. [03:45]
mircea_popescu a suit steams from a controversy in fact, anchored in the past. [03:46]
mircea_popescu as the future eventualyl turns into past, what bitbet has to do and what the courts have to do are homomorphic : establish what the words say, what the facts are and how the two relate. [03:46]
mircea_popescu i've quite deliberately constructed it so a lot of triage of facts can be easily done by the users [03:47]
mircea_popescu (the constant, leave proof in comments thing, for instance) [03:47]
mircea_popescu that's a stem. it can further develop. [03:47]
mircea_popescu this is incidentally not so different from the core principles of the rota system, [03:48]
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mircea_popescu where parties to the controversy also had to deliberately submit to judgement and advance bitcoin. [03:48]
mircea_popescu bitbet is a superset of that, really. [03:48]
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assbot [HAVELOCK] [NEOBEE] 66 @ 0.00203899 = 0.1346 BTC [-] [03:53]
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nubbins` benkay: healthcare.gov [04:25]
benkay hey here's a stoopid idea: futures on difficulty rate increase rather than difficulty itself [04:26]
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nubbins` mircea_popescu: they're just trying to prevent the lady's insurance from being cancelled: http://www.cbc.ca/news/canada/montreal/depressed-woman-loses-benefits-over-facebook-photos-1.861843 [04:27]
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mircea_popescu hah [04:27]
mircea_popescu benkay it's been done afaik [04:27]
benkay daaah i fail to find references because forum spam. [04:30]
nubbins` i don't understand "nastyfans"/"nasty mining" [04:32]
nubbins` why does a mining pool have a fan club? [04:33]
assbot [HAVELOCK] [AM1] 1 @ 0.31752 BTC [-] [04:34]
saulimus nubbins`, it's to disguise investing as "donating" because you're a "fan" [04:34]
assbot [HAVELOCK] [AM100] 58 @ 0.00302061 = 0.1752 BTC [-] [04:35]
nubbins` ah, like the college radio station doesn't sell cds, they "gift" you a cd if you "donate" $5 [04:35]
saulimus something like that [04:35]
assbot [HAVELOCK] [HIF] 500 @ 0.00032376 = 0.1619 BTC [-] {4} [04:38]
benkay on an old old topic from the vaults like three days ago, how does one hedge against the local fiat regime's complete failure? [04:38]
benkay if building reserves just makes one a milky cow, wat the f do? [04:38]
benkay make friends with criminals and broker their bitcoin purchases, thereby positioning self well for imminent shitstorm? [04:39]
KRS1 hate to ask this here..i value the opinion of you guys..do you think the site litecoinstore.com is legit [04:39]
Duffer1 i have lost faith in everything that isn't bitcoin itself [04:40]
Duffer1 go with the assumption it's a scam [04:40]
benkay man at a 15% markup for converting your btc to cash that's a rawwww deal [04:40]
KRS1 thats what im thinking [04:40]
KRS1 benkay i found theres a price to pay one way or the other [04:41]
benkay either time to meet someone in person, or money to save the time [04:41]
benkay sucks for us broke fuckers with neither time nor money [04:42]
KRS1 ok thanks guys i appreciate it- [04:43]
assbot [HAVELOCK] [HIF] 826 @ 0.00032 = 0.2643 BTC [-] [04:44]
KRS1 never did in person sale [04:44]
KRS1 i don't trust any fucks [04:44]
KRS1 except you guys <3 [04:44]
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assbot [HAVELOCK] [AM1] 4 @ 0.31752 = 1.2701 BTC [-] [04:58]
assbot [HAVELOCK] [AM1] 3 @ 0.31751032 = 0.9525 BTC [-] [05:00]
assbot [HAVELOCK] [HIF] 475 @ 0.00037014 = 0.1758 BTC [+] {5} [05:04]
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mircea_popescu benkay i distinctly recall a diff will grow 20% or more each week bet on bitbet. [05:05]
mircea_popescu KRS1 seems new, i never heard of it b4 [05:05]
KRS1 ya i approach new in bitcoin carefully. [05:11]
assbot [HAVELOCK] [AM1] 3 @ 0.32917935 = 0.9875 BTC [+] {3} [05:16]
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mircea_popescu http://trilema.com/2013/effectual-spam-filtering-for-wordpress/ [05:22]
ozbot Effectual spam filtering for WordPress pe Trilema - Un blog de Mircea Popescu. [05:23]
mircea_popescu the article everyone kept asking for. [05:23]
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assbot [MPEX] [S.MPOE] 13247 @ 0.00080113 = 10.6126 BTC [+] {3} [05:40]
dexX7 every day a new php lesson? [05:41]
assbot [HAVELOCK] [AM100] 200 @ 0.0030292 = 0.6058 BTC [-] {3} [05:46]
assbot [MPEX] [S.MPOE] 9350 @ 0.00080511 = 7.5278 BTC [+] [05:50]
assbot [MPEX] [S.MPOE] 15184 @ 0.00080592 = 12.2371 BTC [+] {2} [05:51]
mircea_popescu dexX7 well since i have all this code... [05:59]
mircea_popescu by now it's almost worth it to pay for php developers simply to give me trilema article material which then gets me trilema credits which are btc [05:59]
mircea_popescu i suspect the whole thing's better than mining. [05:59]
dexX7 sounds like a masterplan [06:03]
KRS1 does it even have to be php cant it be any content thats sought after [06:05]
KRS1 seo it up dude [06:06]
KRS1 download an entir KB [06:06]
KRS1 ftw [06:06]
mircea_popescu lol [06:07]
KRS1 grab a leet feed..any number of things would work wouldnt it? [06:07]
mircea_popescu i've yet to see a leeter feed than trilema. [06:08]
Duffer1 do you have any articles about noobs that lose everything? [06:09]
dexX7 uh oh [06:11]
Duffer1 hehe [06:11]
Duffer1 wts sob story only 182b [06:11]
mircea_popescu lol [06:12]
mircea_popescu well i do occasionally cover various scams etc. [06:12]
Duffer1 he's probably got too much material for blogs posts about that anyways :( [06:13]
dexX7 what happend? did you have anything picostocks listed or is it just a general sadness about scams? [06:16]
Duffer1 the labcoin scam [06:16]
assbot [MPEX] [S.MPOE] 7653 @ 0.000805 = 6.1607 BTC [-] [06:17]
mircea_popescu tsk tsk. [06:20]
mircea_popescu the truth of the matter is, scams are nearly magical, in that they manage to take in people seemingly irrespective of iq etc. [06:21]
dexX7 what i think is shocking is that so many things ended bad.. chinese exchanges, inputs.io, basic-mining, labcoin, picostocks, bitfunder.. [06:29]
dexX7 totally hurts my illusion of a happy btc world [06:29]
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Duffer1 it's impressive just how bad they ended as well, virtually worst case scenario for all of them [06:32]
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benkay lower barriers to entry mean lower quality of entrants [06:32]
benkay lower quality entrants attract sharks [06:33]
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Bugpowder ;;seen ThickAsThieves [06:36]
gribble ThickAsThieves was last seen in #bitcoin-assets 5 hours, 23 minutes, and 32 seconds ago: can the statue be riding a unicycle whilst making the claim? [06:36]
dexX7 hehe well put.. [06:39]
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mircea_popescu benkay has a point, but the matter is significantly complicated by a large enough population of functionally illiterate people who've been fed for decades on the illusion that someone else is there to protect them [06:48]
mircea_popescu and that they don't need to think or do any useful work or manage their own lives or contribute anything worth the mention. [06:48]
mircea_popescu put that together with a no-backsies medium and you're definitely attracting sharks. [06:49]
mircea_popescu http://trilema.com/2013/the-anatomy-of-a-scam/ << speaking of labcoin, check out the comments on this thing. [06:53]
ozbot The anatomy of a scam. pe Trilema - Un blog de Mircea Popescu. [06:53]
dexX7 sec [06:53]
dexX7 lel [06:54]
mircea_popescu dexX7 wait, that's actually how we met isn't it [06:54]
dexX7 yes, it was that time [06:54]
mircea_popescu you ended up on the list there by virtue of being in the thread [06:55]
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dexX7 yup [06:55]
dexX7 i still believe in burnside though [06:55]
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lewicki what is burnside up to? [06:56]
dexX7 "cooperates with scammers, fakes volume" [06:57]
mircea_popescu working with nefario to invent the exchange of the future. [06:57]
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assbot [MPEX] [S.MPOE] 3182 @ 0.00080193 = 2.5517 BTC [-] [07:02]
mircea_popescu that moment when you transfer a btc to namecheap and can now afford to renew like a hundred domains. [07:07]
Bugpowder lol [07:08]
Bugpowder only 100? [07:08]
mircea_popescu well next year 10k. [07:08]
assbot [MPEX] [S.MPOE] 1615 @ 0.00080193 = 1.2951 BTC [-] [07:12]
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* Now talking on #bitcoin-assets [13:27]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading [13:27]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 [13:27]
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assbot [HAVELOCK] [VTX] 2 @ 0.13605 = 0.2721 BTC [+] {2} [13:43]
assbot [HAVELOCK] [AM100] 200 @ 0.00302947 = 0.6059 BTC [-] {7} [13:44]
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assbot [HAVELOCK] [HMF] 6 @ 0.029 = 0.174 BTC [-] {2} [14:14]
assbot [MPEX] [S.MPOE] 13000 @ 0.00079759 = 10.3687 BTC [+] [14:22]
moriarty lol assbot [14:23]
moriarty couldn't be a worse name [14:23]
moriarty if you tried [14:23]
mircea_popescu it's a great name what are you on about [14:29]
moriarty lol [14:30]
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mircea_popescu "Win a USD5000 Casino Holiday to Monaco" i'm like wut, 4 btc ? gtfo. make better prizes. [14:49]
assbot [MPEX] [S.MPOE] 800 @ 0.00080001 = 0.64 BTC [+] [14:50]
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mircea_popescu https://bitcointalk.org/index.php?topic=133147.msg3775792#msg3775792 << chinese guy discovers elixir of youth. [14:52]
ozbot PicoStocks, bitcoin stock exchange [14:52]
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assbot [MPEX] [S.MG] 30000 @ 0.00016 = 4.8 BTC [+] [14:55]
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assbot [HAVELOCK] [KCIM] [PAID] 4.34500000 BTC to 869 shares, 500000 satoshi per share [15:00]
assbot [HAVELOCK] [DEALCO] [PAID] 5.00000000 BTC to 50`000 shares, 10000 satoshi per share [15:01]
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mircea_popescu "QUEEN LIZ is a company with private capital, founded in Constanta, Romania in 1996, having as main activity recruitment and placement of personnel according with Romanian laws." [15:25]
mircea_popescu twist : queen liz is one of the more famous female criminals of the prev century. [15:25]
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assbot [MPEX] [S.MPOE] 8044 @ 0.00079404 = 6.3873 BTC [-] [15:47]
assbot [MPEX] [S.MPOE] 12400 @ 0.00079298 = 9.833 BTC [-] {2} [15:49]
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assbot [HAVELOCK] [DEALCO] 35 @ 0.0029 = 0.1015 BTC [+] [16:22]
assbot [HAVELOCK] [AM1] 2 @ 0.3015 = 0.603 BTC [-] [16:22]
assbot [MPEX] [S.MPOE] 9500 @ 0.00079484 = 7.551 BTC [+] [16:27]
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nubbins` anyone heard of "coinpunk"? [16:34]
nubbins` also, hi [16:34]
mircea_popescu hi and nope [16:35]
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pankkake I heard of it, never tried it. the homepage has a hipster feel, i.e. it probably doesn't work [16:36]
nubbins` some sort of web wallet type thing for phones, from what i can tell [16:36]
pankkake but that's my negative hater mind talking [16:36]
ThickAsThieves i watched the vid of it [16:38]
pankkake doesn't protect against MITM - unless you have your own SSL certificate and check it [16:38]
ThickAsThieves basically he did it so iphone peeops can wallet [16:38]
pankkake they can't use blockchain.info? [16:38]
nubbins` well [16:38]
ThickAsThieves apparently not [16:38]
nubbins` that's what i started wondering [16:38]
nubbins` but my password is really really cumbersome to enter on a phone [16:39]
nubbins` and i just fucked it up twice [16:39]
pankkake they should be, in the web browser (and the MITM issue is the same) [16:39]
pankkake haha [16:39]
nubbins` but i mean, web wallets seem like the obvious solution to apple's bitcoin app ban [16:39]
nubbins` and so i'm wondering why it hasn't been done a thousand times [16:39]
nubbins` and why this coinpunk guy is making it seem novel [16:40]
assbot [HAVELOCK] [CFIG] 1 @ 0.10020101 BTC [-] [16:40]
pankkake cause he's a hipster [16:40]
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assbot [HAVELOCK] [CFIG] 1 @ 0.100201 BTC [-] [16:41]
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mircea_popescu uyou ever seen a nonservice coming out of the us webservice-entrepreneurs dog and pony show that wasn't a. very banal and b. presented as the new wheel ? [16:41]
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ThickAsThieves i think he mightve been a BTC Foundation grant recipient or whatever they call it too [16:43]
ThickAsThieves http://www.coindesk.com/bitcoin-foundation-funds-diy-bitcoin-wallet-coinpunk/ [16:44]
pankkake ugh [16:44]
mircea_popescu o hey. [16:45]
nubbins` ah, ok [16:45]
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mircea_popescu this'd be the first time anyone actually connected to the barfoundation actually did something. [16:45]
nubbins` blockchain.info web wallet works just fine on my phone [16:45]
nubbins` but it won't scan qr cores. [16:45]
nubbins` nor will it scan qr codes [16:45]
nubbins` ;( [16:45]
ThickAsThieves coinpunk does [16:45]
ThickAsThieves (scan) [16:45]
nubbins` yeah [16:45]
nubbins` i think that's the distinguishing feature here [16:46]
pankkake oh, that's good then [16:46]
assbot [HAVELOCK] [AM1] 1 @ 0.31 BTC [+] [16:46]
ThickAsThieves http://www.coindesk.com/british-island-physical-bitcoins-uk-royal-mint/ [16:46]
nubbins` its prolly just a QR scanning app that interfaces with bc.i API :P [16:46]
pankkake "status outside UK/EU jurisdiction", eh nice [16:47]
nubbins` ThickAsThieves: hm, so essentially these are trade coins [16:47]
nubbins` "town dollar" type thing [16:47]
ThickAsThieves Rather than having a private key sealed inside, like the popular Casascius physical bitcoins and their contemporaries, the Alderney bitcoins would be exchangeable for the more useful digital kind by its holder paying a visit to the island. They would not be official legal tender otherwise. [16:48]
nubbins` heh [16:48]
mircea_popescu lol [16:48]
nubbins` essentially they're selling IOUs [16:48]
ThickAsThieves someone figured since BTC is counterfeitable [16:48]
ThickAsThieves they should make it so [16:48]
ThickAsThieves isnt* [16:48]
mircea_popescu why is it that the state always tries to a. represent itself as "not the state" and b. represent itself as doing what people do, except without doing it ? [16:49]
mircea_popescu by now it's so regular it's a telltale sign already. [16:49]
nubbins` canadian mint was supposed to be doing some sort of digital money thing [16:49]
nubbins` meanwhile, some scandal surrounding the director [16:49]
nubbins` sec [16:49]
ThickAsThieves he pre-mined? [16:50]
nubbins` http://www.cbc.ca/news/politics/jim-love-canadian-mint-chairman-helped-run-offshore-tax-avoidance-scheme-for-clients-1.2441347 [16:50]
ozbot Jim Love, Canadian Mint chairman, helped run offshore 'tax-avoidance scheme' for clients - Politics [16:50]
assbot [HAVELOCK] [COG] 5 @ 0.06499999 = 0.325 BTC [-] {3} [16:50]
nubbins` lel! [16:50]
nubbins` catch: the Alderney IOU coins are the size of the one in the picture accompanying this article ^ [16:50]
ThickAsThieves hehe [16:51]
ThickAsThieves The epic $15-million court fight between Love and the Meighen heirs was finally settled two years ago. The defendants — including Love, his law partner and their current and former firms, as well as Legacy Private Trust and Canada Trust — agreed to pony up $8.9 million, but without admitting fault. [16:51]
ThickAsThieves 8.9m is not admission enough! [16:51]
mircea_popescu that was such a lulzy case [16:52]
nubbins` "the meighen heirs" [16:53]
nubbins` like the royal tenenbaums [16:54]
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nubbins` you know, it would be funny if this mintchip thing became ubiquitous in canada before bitcoin did [16:57]
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mircea_popescu bet you it won't happen. [16:58]
assbot [HAVELOCK] [HMF] [PAID] 40.00000000 BTC to 40`000 shares, 100000 satoshi per share [17:00]
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assbot [HAVELOCK] [HMF] 5 @ 0.02814 = 0.1407 BTC [-] {2} [17:02]
nubbins` no, probably not. should be interesting to see if mintchip-btc exchange services will come about. [17:05]
nubbins` they've been pretty tight-lipped about it so far [17:05]
mircea_popescu i doubt any western government has the ability to do obamacare.gov one better. [17:06]
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nubbins` seems like a hammer searching for a nail at this point. banking is not inconvenient here [17:10]
assbot [HAVELOCK] [NEOBEE] 2000 @ 0.00180002 = 3.6 BTC [-] {7} [17:10]
nubbins` interac/debit accepted everywhere, including via email [17:10]
ThickAsThieves dont canadians actually like their bankers? [17:10]
nubbins` i wouldn't go that far, but it's generally not unpleasant [17:11]
nubbins` i mean, sending someone money is the easiest thing in the world [17:11]
assbot [HAVELOCK] [NEOBEE] 218 @ 0.00180009 = 0.3924 BTC [+] {2} [17:11]
mircea_popescu how about keeping your money, once an ex wife, tax authority or city council decides they would want to have it ? [17:12]
nubbins` sending someone money is the easiest thing in the world! [17:12]
nubbins` ;D [17:12]
mircea_popescu right. [17:23]
mircea_popescu http://www.michigandaily.com/opinion/11jake-offenhartz-jerry-koch07 [17:25]
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assbot [HAVELOCK] [NEOBEE] 786 @ 0.00199999 = 1.572 BTC [+] {4} [17:26]
assbot [MPEX] [S.MPOE] 134 @ 0.00079484 = 0.1065 BTC [+] [17:26]
assbot [HAVELOCK] [NEOBEE] 51 @ 0.00199999 = 0.102 BTC [+] {2} [17:28]
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assbot [MPEX] [S.MPOE] 2168 @ 0.00079904 = 1.7323 BTC [+] [17:51]
assbot [HAVELOCK] [HMF] 8 @ 0.0275125 = 0.2201 BTC [-] {5} [17:51]
pankkake http://blackfridaydeathcount.com/ [17:51]
ozbot Black Friday Death Count [17:51]
ThickAsThieves http://www.wired.com/autopia/2013/11/kawasaki-concept-j/ [18:00]
ozbot Kawasaki's Neon Green Trike Is an Absurd Anime Bike Brought to Life | Autopia | Wired.com [18:00]
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mircea_popescu ok so, mpex options are back. they are now quoted on a .1 btc per basis, [18:09]
mircea_popescu the system is working under supervision and trades may be rolled back if problems appear [18:09]
mircea_popescu i'll make a statement once that's done. [18:09]
mircea_popescu jurov` ^ and everyone else quoting options scripturally, make sure you account for the lot change. [18:09]
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pankkake that bike looks like a Dyson vacuum cleaner [18:15]
assbot [HAVELOCK] [AM100] 59 @ 0.00302175 = 0.1783 BTC [-] {16} [18:19]
assbot [HAVELOCK] [AM100] 40 @ 0.00290886 = 0.1164 BTC [-] {6} [18:20]
assbot [HAVELOCK] [AM1] 1 @ 0.3099 BTC [-] [18:20]
assbot [MPEX] [S.MPOE] 2332 @ 0.00079966 = 1.8648 BTC [+] [18:21]
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assbot [HAVELOCK] [AM1] 5 @ 0.3011222 = 1.5056 BTC [-] {4} [18:33]
ThickAsThieves ;;goxlag [18:42]
gribble MtGox lag is 0.339307 seconds. During this time, light travels 0.000679967428929 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU). [18:42]
assbot [HAVELOCK] [NEOBEE] 112 @ 0.0018 = 0.2016 BTC [-] [18:44]
pankkake ;;bc,xau [18:46]
gribble 1 XAU = 1255.100000000000 USD = 1.03113703582 BTC [18:46]
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assbot [HAVELOCK] [AM1] 1 @ 0.3099978 BTC [+] [18:59]
assbot [HAVELOCK] [AM1] 1 @ 0.3099998 BTC [+] [19:00]
assbot [HAVELOCK] [AM1] 1 @ 0.31 BTC [+] [19:01]
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kakobrekla ok gals, panacea november results just in: +1.92% from http://bit4x.com/panacea.html [19:28]
kakobrekla deposits for jan now open [19:29]
mircea_popescu why so much lower than pirate. [19:32]
kakobrekla cause i suck [19:32]
mircea_popescu well, better luck next time! [19:35]
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assbot [MPEX] [S.MPOE] 12700 @ 0.00079804 = 10.1351 BTC [-] {2} [19:38]
mircea_popescu "Mourad Ikhlef, an Algerian living in Montreal who gained refugee status in 1994, was arrested in December 2001 and deported in February 2003, when he was handed over directly to Algerian intelligence services." [19:39]
mircea_popescu dude canada sounds like such a nice place. [19:39]
nubbins` ;;google maher arar [19:49]
gribble Maher Arar - Wikipedia, the free encyclopedia: ; Maher Arar | Amnesty International USA: ; The Maher Arar Story | Amnesty International USA: [19:49]
nubbins` sure does [19:49]
mod6 mircea_popescu: cool about the options. not trying to be picky or anything, but I thought the strikes went up to 900 or something before? I only see up to 500. or is that what you're gonna write about later? [19:51]
mircea_popescu that 500 is for 0.1 lots tho [19:51]
mircea_popescu it's 5k [19:51]
mod6 oh ok i see. [19:51]
mod6 duh [19:51]
mircea_popescu basically it goes from 500 to 5k now. just smaller bits [19:52]
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mod6 *nod* i see what you did there. [19:52]
mod6 cool :] [19:52]
mircea_popescu :) [19:52]
mod6 are you still considering to go to 100:1 or 1000:1 on the X.*'s next year? [19:54]
mircea_popescu prolly. [19:55]
mircea_popescu diff to volatile to say or do much atm [19:55]
mod6 ahh. cool though. [19:55]
mod6 with the diff where it looks like its going, a bn satoshi per contract would be signifigant. it would be pretty helpful maybe to be able to get them for a fraction. anyway, all in good time. [19:57]
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mircea_popescu yeah, eventually. [19:59]
mod6 werd. [20:00]
nubbins` still surprised at the premiums unfunded casascius rounds are getting on ebay [20:01]
nubbins` there was some guy on the forums buying them up a few months ago, he probably made out like a bandit [20:01]
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thestringpuller do those come with stickers? [20:05]
thestringpuller to roll your own? [20:05]
assbot [HAVELOCK] [AM1] 3 @ 0.31 = 0.93 BTC [+] [20:05]
mod6 http://bitbet.us/bet/620/asicminer-gen3-on-schedule/ << so gen3 is expected by apr 10th? [20:05]
ozbot BitBet - Asicminer gen3 on schedule [20:05]
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mod6 http://bitbet.us/bet/632/miley-cyrus-will-be-named-time-magazines-2013/#c1943 << gotta love the bbet comments. [20:07]
ozbot BitBet - Miley Cyrus will be named TIME Magazine's 2013 Person of the Year [20:07]
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mircea_popescu mod6 well... it's moreover not expected by april 10th [20:07]
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mod6 oh, thats just when the bet resolves. asicminer hasn't given a date then? just an announcement that they're "coming"? [20:09]
* mod6 is behind the recent news. [20:09]
mircea_popescu iirc their date was narrower [20:10]
assbot [HAVELOCK] [NEOBEE] 151 @ 0.00202685 = 0.3061 BTC [+] {4} [20:10]
mircea_popescu "While the sale of sexual intercourse remains illegal throughout mainland China, as of 2013 erotic massage, or more commonly known as massage with "happy endings," is legal in Guangdong province. In June of that year, the Foshan Court determined that the sale of erotic massage is not the same as prostitution." [20:10]
mircea_popescu china. a country nobody comprehends. [20:10]
mod6 a happy ending for "happy endings", who would have thought? [20:11]
mircea_popescu lol [20:12]
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thestringpuller !ticker h am1 [20:20]
assbot [HAVELOCK:AM1] 1D: 0.30101000 / 0.31690863 / 0.32980000 (100 shares, 31.69086287 BTC), 7D: 0.28500000 / 0.3503251 / 0.53000000 (1919 shares, 672.27386160 BTC), 30D: 0.23500000 / 0.49661365 / 0.90000000 (7461 shares, 3705.23445031 BTC) [20:20]
thestringpuller !ticker h am100 [20:20]
assbot [HAVELOCK:AM100] 1D: 0.00287501 / 0.00308273 / 0.00335250 (1131 shares, 3.48657289 BTC), 7D: 0.00285001 / 0.0034062 / 0.00471998 (24949 shares, 84.98129103 BTC), 30D: 0.00270000 / 0.00499277 / 0.00819524 (161663 shares, 807.14541360 BTC) [20:20]
mircea_popescu interesting that the fragment am pt fares so much worse than the whole. [20:22]
thestringpuller how so? [20:23]
thestringpuller it seems similar to BRK-A vs BRK-B [20:23]
mircea_popescu ;;calc 0.30101000 / 0.32980000 [20:26]
gribble 0.912704669497 [20:26]
mircea_popescu ;;calc 0.00287501 / 0.00335250 [20:26]
gribble 0.857571961223 [20:26]
mircea_popescu wider fluctuation, narrower volume [20:27]
thestringpuller oh I see [20:27]
mircea_popescu in theory the idea for making a "poor man's share" is that it will have more volume and more stability. [20:27]
mircea_popescu at least in a theoretical macroeconomic sense. [20:27]
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mircea_popescu seems that while taxing the poor does in fact produce more revenue than taxing the rich, nevertheless giving the poor investment "voice" does not in fact produce more sense than the voice of the rich already provided. [20:29]
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mircea_popescu or at least, this particular anecdotal situation fits well with that heavily ideologically slanted perspective. [20:29]
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kakobrekla isnt s.mpoe priced for poor ppl [20:41]
pankkake I wondered about the choice of having so many little shares actually [20:42]
kakobrekla i had this argument before [20:42]
pankkake to have more numbers? [20:42]
kakobrekla the reason was so you can fine tune your investment [20:42]
kakobrekla my answer was if you invest 100 btc it doesnt matter if its 101 or 99 [20:42]
pankkake well yes it's almost analog [20:42]
pankkake I like it [20:43]
kakobrekla higher amount of number is better [20:43]
pankkake and I can have funny numbers if I want to [20:43]
kakobrekla mind, my argument goes against this [20:43]
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pankkake if you want to invest 1.5 BTC and the shares are 1 BTC? that's kind of frustrating [20:44]
kakobrekla yeah but with 1 btc you can just gtfo [20:44]
kakobrekla even if you make 100%, thats 1 btc more [20:45]
kakobrekla still nothing [20:45]
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mircea_popescu kakobrekla yes it is. [20:52]
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mircea_popescu http://upload.wikimedia.org/wikipedia/commons/5/54/Battle_of_britain_air_observer.jpg << the hipster of 1940 [21:09]
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mod6 at least he's not wearing those cum-fuck-me tight-pants. [21:16]
mod6 *ahem* "skinney jeans" [21:16]
mircea_popescu those look good on teeny chicks [21:17]
pankkake the phones back then didn't fit in the pockets [21:17]
mod6 haha [21:17]
mod6 i guess its not so bad on chicks. but dudes wear these skinny jeans, i ponder how they fit their tool in them. [21:18]
mod6 its like, paint-on-pants. [21:19]
assbot [HAVELOCK] [AM1] 3 @ 0.31906666 = 0.9572 BTC [+] {3} [21:19]
pankkake well they have a tiny one [21:19]
mircea_popescu what tool ? [21:20]
assbot [HAVELOCK] [DEALCO] 41 @ 0.0029 = 0.1189 BTC [+] [21:20]
mod6 haha. [21:21]
mircea_popescu pankkake they have a ipod app! [21:23]
pankkake well the ipod can vibrate. already a better replacement [21:24]
mircea_popescu you know not all girls can cum by vibration alone ? [21:25]
kakobrekla everything is a vibration [21:25]
assbot [MPEX] [S.MPOE] 15784 @ 0.00079931 = 12.6163 BTC [+] {2} [21:25]
mircea_popescu fuck, that's true. [21:26]
mircea_popescu still! [21:26]
kakobrekla :) [21:26]
pankkake well there are very various preferences [21:26]
pankkake so that hitachi magic wand I hear about isn't the silver bullet? [21:26]
mircea_popescu it's not, no. [21:26]
mircea_popescu you can train a woman to have an orgasm or not have an orgasm in certain circumstances like you can train a dog, [21:27]
assbot [HAVELOCK] [AM1] 1 @ 0.3192 BTC [+] [21:27]
mircea_popescu but absent such ellaborate work about a third of adult women can't orgasm with vibrators. [21:27]
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jcpham picostocks lulz [21:41]
jcpham sheep marketplace lulz [21:41]
jcpham i mean that one was actually named sheep marketplace because the users are sheep [21:42]
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mircea_popescu "As of this writing we have over 2.1 Million in sales for November, this excludes any fraudulent sales, I.e the $933,000 sales which was fraudulent and proven on the thread and a $3,000,000 sales which looks fraudulent. AMC expects its sales of VMC's Bitcoin mining machines to continue to grow as it has the highest TH/s machines in the marketplace." [21:44]
mircea_popescu dude check that out, 2/3 fraudulent ? [21:44]
mircea_popescu "We have ~106 BTC in the Bitfunder/WeExchange system which we can not obtain. We have sent Bitfunder's/WeExchange's Ukyo a Legal Demand For Payment within 72 hours. We expect this problem to result in the loss of the 106 BTC. " [21:45]
mircea_popescu herp. [21:45]
kakobrekla who [21:48]
pankkake the guy doesn't understand accounting. no money = it's not a sale [21:49]
mircea_popescu the asicminer depr. [21:49]
pankkake activemining* [21:49]
mircea_popescu pankkake well OF COURSE he doesn't understand accounting. it's a forum corp after all. [21:50]
mircea_popescu o yeah activemining sorry. [21:50]
pankkake I missed the twist but others caught it: he ships "products" to customers. but chips are delayed [21:50]
pankkake so what are those products? [21:50]
pankkake t-shirts? [21:51]
mircea_popescu by the way, here's a fun fact : ken's account was hijacked. the account was registered on oct 2010, and made exactly two posts by the original guy (both here : https://bitcointalk.org/index.php?topic=133.msg15893#msg15893 ) [21:51]
mircea_popescu the next activity is in march 2013. [21:51]
kakobrekla yeah well the story with buttfunder in one sentence - i wouldnt trust a guy who cant afford a few http posts [21:51]
mircea_popescu this exactly matches the labcoin scammers behaviour, which also used "reputable" forum accounts in this manner [21:52]
mircea_popescu in fact their mo exactly matches labcoin's too : buy some actual miners to create the illusion of activity, [21:52]
mircea_popescu then pump out a lot of nonsense about creating asics [21:52]
mircea_popescu i suppose these guys use avalons instead of bitfuries, but hey. [21:52]
mircea_popescu in fact, it wouldn't particularly surprise me if the same scammer ring ran both scams. [21:53]
pankkake doubt it, this one is all-american [21:53]
pankkake just incompetence and little care for investors (he seems to pay himself and his family a nice fat salary) [21:54]
mircea_popescu remember, it was a fact that the bitdaytrade disaster was run by j r owens / meni rosenfeld / etc. [21:54]
mircea_popescu the owens - kenna partnership means the brain of the scam ring is probably us based, [21:55]
mircea_popescu the italians are whatever, couriers. [21:55]
pankkake kslaughter has his own history of failed businesses [21:56]
mircea_popescu this is also true. [21:56]
mircea_popescu but in this sense, so does inaba [21:57]
mircea_popescu doesn't mean he runs bfl. [21:57]
kakobrekla inaba is pure scam not a failed biz [21:57]
pankkake #bitcoin-conspiracy [21:57]
mircea_popescu anyway, that thread is funny because : http://blockchain.info/address/1HZNsUqQxKVLmfPfCAzLwrnVDzx8CxwxnM [21:58]
mircea_popescu 10k btc obtained by stealing 5btc out of every block mined by people using gpus and the guy's shady gpu miner. [21:58]
mircea_popescu back in 2010 [21:58]
pankkake :o [21:58]
pankkake 680 btc left and not moved? [21:59]
kakobrekla could be lost, could be not [22:00]
kakobrekla speaking of that , my est for lost btc is 1 mio [22:00]
kakobrekla kinda upper limit [22:00]
mircea_popescu that estimate is a hard problem because it revolves around the presumed "satoshi stash" [22:00]
mircea_popescu if he destroyed the keys it's lost. [22:01]
mircea_popescu http://bitbet.us/bet/635/1btc-10-000-usd/ << check out the 10:1 on yes. [22:01]
kakobrekla yeah so its 500k instead of 1 mio [22:01]
ozbot BitBet - 1BTC >= $10,000 USD [22:01]
kakobrekla or whatever [22:01]
kakobrekla sampling way too low [22:02]
assbot [HAVELOCK] [VTX] 2 @ 0.14 = 0.28 BTC [+] {2} [22:02]
kakobrekla to give any meaning [22:02]
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mircea_popescu yeah [22:02]
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jurov` mircea_popescu: thanks for heads up, is it done or will be there more options above 095? [22:21]
mircea_popescu what do you mean more above 095 ? [22:22]
jurov` oh there are up to 500. my eyes. [22:22]
jurov` sry [22:22]
mircea_popescu yeah [22:23]
mircea_popescu 500 which means 5k in the old notation. [22:23]
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assbot [MPEX] [S.MPOE] 6400 @ 0.00079604 = 5.0947 BTC [-] [22:24]
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jurov` sooo, czech fin ministry got fed up with slush [22:28]
assbot [HAVELOCK] [AM1] 4 @ 0.3053147 = 1.2213 BTC [-] {4} [22:28]
jurov` and is asking everyone to report all *coin payments above 15k euro equivalnet [22:29]
jurov` :D [22:29]
Duffer1 we haven't figured out how to spy on you so could you just tell us pls kthx [22:29]
assbot [HAVELOCK] [AM1] 1 @ 0.30200101 BTC [-] [22:30]
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mircea_popescu PRAGUE (AP) -- An online exchange that trades the digital currency bitcoin in the Czech Republic says it has been attacked by hackers. [22:36]
mircea_popescu The website Bitcash.cz says its security system was broken and bitcoins from its clients were stolen late Monday. [22:36]
jcpham cold wallet emptied [22:37]
jcpham because it wasn't cold [22:37]
jcpham ssdd [22:37]
pankkake so who wasn't hacked yet? [22:38]
* benkay (~user@c-24-21-245-158.hsd1.or.comcast.net) has joined #bitcoin-assets [22:39]
jurov` loool if cold wallet... dude had wallet,exchange, forum and whatever else on one machine [22:39]
mircea_popescu http://bitbet.us/bet/629/mt-gox-fails-to-list-litecoin/ << i dig the 33/33 split lol [22:39]
ozbot BitBet - Mt. Gox Fails to List Litecoin [22:39]
benkay and the 1337*10 cutoff criteria [22:41]
mircea_popescu meanwhile @serious bzns ranch, http://bitbet.us/bet/635/1btc-10-000-usd/ [22:41]
mircea_popescu pankkake re https://bitcointalk.org/index.php?topic=271711.msg3233099#msg3233099 they're in the order they appeared as blog headers on trilema. not quite chronological. [22:44]
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pankkake I think I used the filenames for reference [22:44]
mircea_popescu left one is lowell, mass cca 2005, middle one is timisoara cca 2010, right one is either the golden horn or the nile, cca 2003 [22:44]
mircea_popescu i dun recall which [22:45]
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pankkake my beard is starting to become bigger than I ever had it. not sure what to do of it [22:46]
mircea_popescu feed it various eclairs. [22:47]
benkay hey, options are back! [22:47]
BingoBoingo pankkake: Braid it! [22:48]
pankkake lol [22:48]
benkay mircea_popescu: just bite the bullet and start quoting lots in satoshi, man. [22:49]
mircea_popescu lol [22:49]
pankkake perhaps I should go to barber shop. my hairdresser advertised the service but I don't think they do it anymore [22:49]
mircea_popescu https://bitcointalk.org/index.php?topic=353439.0 << Duffer1's story. not a bad read. [22:50]
ozbot Cautious as serpents, innocent as doves. You have been warned. [22:50]
mircea_popescu i think the guy has some literary talent, tbh. "Hindsight is a mean old witch that makes my chest hurt when I look at her" seems especially apt. [22:51]
pankkake those stories make me sad [22:51]
kakobrekla i have a panacea for all ur troubles. and its free. [22:51]
Duffer1 thanks man, it's been a while since i've written anything that extends beyond "lol" [22:52]
pankkake there's another one, a guy who invested in activemining. nice guy too [22:52]
pankkake there's no shortage of dumb fanboys losing money but those don't deserve it [22:52]
mircea_popescu well that's the problem with scammers. they get nice guys too. [22:52]
pankkake oh, hi! [22:52]
assbot [MPEX] [S.MPOE] 10500 @ 0.00079941 = 8.3938 BTC [+] {2} [22:53]
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jcpham i stopped being the cliche after pirate [22:53]
jcpham my mistake there was doing too many small trades with him [22:54]
BingoBoingo Speaking of scammers http://www.thedrinkingrecord.com/2013/11/29/for-future-reference/ is related to the bitcoinsports.eu/bet/6d7fa betting tiket I have which is still live. Being an optimist that the bet may win I'l writing and hashing the scam accusation in advance in case the win occurs and isn't paid [22:54]
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mircea_popescu http://bitbet.us/bet/519/btc-network-difficulty-to-top-1b-before-2014/ [22:56]
ozbot BitBet - BTC network difficulty to top 1B before 2014 [22:56]
mircea_popescu even money, seriously ?! [22:56]
mircea_popescu .d [22:56]
ozbot 707408283.05150 | Next Diff in 1823 blocks | Estimated Change: 12.1278% in 11d 2h 56m 5s [22:56]
mircea_popescu no fucking way it gets 40% in 3 weeks [22:56]
kakobrekla you should buy freemoney.us [22:56]
mircea_popescu BingoBoingo lol you're like the boyscouts [22:56]
pankkake BingoBoingo: ever tried casinobitco.in? [22:57]
pankkake mircea_popescu: unless someone actually ships on time? [22:57]
BingoBoingo mircea_popescu: Well, when younger I was a part of that organization. pankkake Never tried casinobitco.in, I try not to spread my gambles around too much. [22:58]
mircea_popescu pankkake this has happened ? [22:58]
pankkake yes, bitfury did! there's a bitbet to prove it [22:58]
mircea_popescu i think if cardano actually makes xmas this will be the first time in the history of bitcoin anything was shipped on time [22:58]
mircea_popescu o, but that was the 2nd bet, of the euro merchantr guy [22:58]
mircea_popescu they blew their original one by like a week iirc [22:59]
pankkake oh [22:59]
mircea_popescu or someting really close like that, it was kinda sad. [22:59]
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BingoBoingo mircea_popescu: If I have learned on thing from this channel it is that BTC requires new definitions and levels of preparedness [23:01]
mircea_popescu https://bitcointalk.org/index.php?topic=349405.0;all [23:01]
ozbot Post your pic [23:01]
mircea_popescu check that out, there exist womenz on btctalk. [23:01]
jurov` no Cardano shipping bet yet???? [23:01]
jurov` gonna fix it! [23:01]
mircea_popescu jurov` incredible innit. [23:01]
assbot [HAVELOCK] [AM100] 100 @ 0.00316754 = 0.3168 BTC [-] {2} [23:03]
mircea_popescu https://images.weserv.nl/?url=www.onefunsite.com/images/donkey.jpg&fnr << someone should ipo that donkey. [23:03]
mircea_popescu to.the.moon. [23:04]
pankkake I see one girl two dogs for now [23:04]
assbot [HAVELOCK] [COG] 3 @ 0.051 = 0.153 BTC [-] {2} [23:06]
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mircea_popescu sounds right [23:06]
mircea_popescu btctalk.org/1g2d [23:07]
pankkake so bitcoiners aren't the privileged [23:07]
* jMyles (~slashroot@74.67.70.127) has joined #bitcoin-assets [23:07]
mircea_popescu basically that chick just wanted to post her pics [23:07]
pankkake is picwhoring a female trait, or is it just more widely accepted from females? [23:08]
pankkake http://www.theguardian.com/technology/2013/nov/28/bitcoin-alternatives-future-currency-investments oh look, all the ones that are going crazy [23:09]
ozbot Nine Bitcoin alternatives for future currency investments | Technology | theguardian.com [23:09]
dub its a trap [23:09]
mircea_popescu https://images.weserv.nl/?url=i.imgur.com/Fgwqlbd.jpg&fnr [23:09]
mircea_popescu it gets buttcoiny eventually [23:09]
mircea_popescu but anyway, self exposure is a female sexual behaviour, yes. [23:09]
mircea_popescu much like rape is a male sexual behaviour. [23:09]
BingoBoingo pankkake: Well, everyone in this channel has the privilege of discovering BTC before 10,000 USD. The next new batch in here will have the privilege of discovering before $100,000 whenever that happens. Eventually everyone ere will have the opportunity to tempt POTUS to put a sharpie in their pooper for a fraction of a bitcoin. [23:10]
pankkake I hope so, because I have some ideas [23:11]
mircea_popescu fun fact : [23:11]
mircea_popescu ;;calc 7127000000 / 21000000 [23:11]
gribble 339.380952381 [23:11]
jurov` bet posted, funding sent [23:12]
mircea_popescu anyone owning a full bitcoin has the bitcoin of 339 people. [23:12]
kakobrekla i have 42 [23:12]
pankkake I don't follow [23:12]
pankkake oh wait, it's the number of people on the planet? [23:12]
kakobrekla looks like it [23:13]
mircea_popescu uyah give or take a few chinese child labourers etc. [23:13]
pankkake meh, then I probably also have the fiat of 300+ people [23:13]
mircea_popescu notrly, in that [23:13]
mircea_popescu there's about 10trn in us dollars + about 10-15 trn in other currencies. [23:14]
mircea_popescu if you have three grand you have the dollars of one person. [23:14]
pankkake hmm… I see. perhaps I was mistaken because a lot of fiat isn't owned by individuals [23:15]
mircea_popescu course that discussion gets complicated fast as contrary to popular belief a fiat unit of currency does not mean any one thing in particular, [23:15]
mircea_popescu unlike bitcoin. [23:15]
dub https://images.weserv.nl/?url=i.imgur.com/RwDxkVc.jpg&fnr [23:21]
dub is that a fucking CRT? [23:21]
mircea_popescu looks like a cat. [23:23]
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mircea_popescu ;;ident mircea_popescu [23:27]
gribble Nick 'mircea_popescu', with hostmask 'mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu', is not identified. [23:27]
mircea_popescu um [23:27]
mircea_popescu ;;eauth mircea_popescu [23:27]
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 [23:27]
mircea_popescu ;;everify freenode:#bitcoin-otc:b27c73691ef33ac1e797307583de3e79732f35d1b565843c7204d13c [23:28]
gribble You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452 [23:28]
mircea_popescu ;;rate tradefortress -1 seems he ran off with ~4k [23:28]
gribble Rating entry successful. Your rating for user tradefortress has changed from 1 to -1. [23:28]
assbot [HAVELOCK] [NEOBEE] 255 @ 0.00195333 = 0.4981 BTC [-] {5} [23:29]
mircea_popescu ;;rate ukto -1 Messy Bitfunder closedown [23:30]
gribble Rating entry successful. Your rating for user ukto has changed from 1 to -1. [23:30]
mircea_popescu ;;rate asciilifeform 3 S.NSA engineer. [23:31]
gribble Rating entry successful. Your rating for user asciilifeform has changed from 1 to 3. [23:31]
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Duffer1 any kind words for burnside? :P [23:32]
mircea_popescu is he in the wot even ? [23:33]
mircea_popescu ;;gettrust burnside [23:33]
gribble WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user burnside: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=burnside | WoT data: http://b-otc.com/vrd?nick=burnside | Rated since: never [23:33]
assbot [HAVELOCK] [NEOBEE] 180 @ 0.00195 = 0.351 BTC [-] {3} [23:33]
mircea_popescu ;;rate burnside -3 ran a scam enabling "exchange". ask duffer1 how well that worked. [23:34]
gribble Rating entry successful. Your rating of -3 for user burnside has been recorded. [23:34]
mircea_popescu ;;gettrust tytus [23:34]
gribble WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user tytus: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=tytus | WoT data: http://b-otc.com/vrd?nick=tytus | Rated since: never [23:34]
Duffer1 hehe [23:34]
mircea_popescu ;;rate tytus -1 Ran a fake exchange which was fake hacked. Compulsive liar. [23:34]
gribble Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings. [23:34]
mircea_popescu o ic. [23:34]
jurov` and topace to complete the set [23:34]
mircea_popescu what did topace do !? [23:34]
jurov` havelockinvestments [23:35]
mircea_popescu ya well, failing your own ipo isn't exactly grounds for impeachment. [23:35]
jurov` lol [23:35]
jurov` ;;rate Ukto -1 btc still tuck on weex after weeks [23:36]
gribble Rating entry successful. Your rating for user Ukto has changed from 2 to -1. [23:36]
jurov` ;;rate Ukto -1 btc still stuck on weex after weeks [23:36]
gribble Rating entry successful. Your rating for user Ukto has changed from -1 to -1. [23:36]
mircea_popescu "OpenCoin, the company overseeing Ripple, has already raised venture capital from firms led by the co-founders of PayPal and Netscape. These firms do not invest in scams, but in companies with unique ideas that will turn a significant profit if successful." [23:41]
pankkake the "citing-big-company-name" is a fallacy in itself [23:45]
mircea_popescu the form of that i personally love is [23:46]
mircea_popescu In support of their argument that the Agreement preserves liability only for malicious breaches, defendants argue that the word “willful” would be unnecessary unless it meant “malicious.” There is no reason to limit liability to breaches that are intentional, they claim, because any breach of this Agreement would be intentional—”heavily counseled parties to mega-mergers do not breach merger agreements out o [23:46]
mircea_popescu f inadvertence, negligence, or mistake.” As a factual matter, this claim is questionable. It could just as well be said that heavily counseled parties to mega-mergers do not sign merger agreements containing glaringly ambiguous terms that lead to avoidable litigation—but here we are. [23:46]
mircea_popescu lynch is generally a pretty cool cat. [23:46]
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jurov` http://bitbet.us/bet/636/cardano-delivered-before-christmas/?ref=1EteoRKNYbNhhmFfsKnUSWRF3JUpKCcMnc [23:47]
ozbot BitBet - Cardano delivered before Christmas [23:47]
jurov` for nsa fans and haters [23:47]
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* mircea_popescu takes large no position [23:49]
jurov` nooooooo [23:49]
pankkake I guess he didn't read http://trilema.com/2013/the-positive-market-effects-of-the-delivery-bet/ [23:51]
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* nubbins` (~nubbins`@stjhnf0148w-142134201245.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets [23:59]
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