Forum logs for 31 Jan 2014

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu https://bitcointalk.org/index.php?topic=439046.0 << they're writing books now. [00:02]
ozbot Our book gives you ★ PRIVACY ★ and ★ PRIZES ★ [00:02]
Dimsler_ lol contest [00:06]
Dimsler_ honestly that entire forum is a den of theives, liars, and fraudsters [00:06]
Dimsler_ mircea_popescu, what did they sell btct.co for anyway/ [00:09]
assbot [MPEX] [S.MPOE] 8850 @ 0.00089601 = 7.9297 BTC [-] [00:11]
mircea_popescu sold ? it was never sold. [00:11]
mircea_popescu it just shut down. [00:11]
dub What a viscous cycle. [00:12]
mircea_popescu lol [00:13]
Apocalyptic he's willing to sell it at least [00:16]
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herbijudlestoids hullo [00:30]
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Neil mircea_popescu: Seems I was right - bitbet gives you weight based on when bitbet processes the bet, not when the bet went in the blockchain... which is not good for extended downtime [00:30]
herbijudlestoids here is the distribution of 10 tick log normalised returns in MPOE for the last 2 days http://imgur.com/bGRhQW5 [00:31]
herbijudlestoids looks like a good skew [00:31]
pizzaman1337 2 days isn't much of a sample size though, is it? [00:32]
herbijudlestoids similar formation to the 1 tick returns i plotted yesterday, seems like there is plenty of room for speculators [00:32]
mircea_popescu Neil yep [00:32]
herbijudlestoids pizzaman1337: all i got so far :) but youre right small sample size [00:32]
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mircea_popescu herbijudlestoids looks remarkably centered tbh [00:33]
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herbijudlestoids mircea_popescu: returns definitely seem to skew positively, the distribution does not show the commonly taken levy form that i usually see, more like poisson distribution [00:34]
mircea_popescu virginal [00:34]
herbijudlestoids ? [00:35]
herbijudlestoids i want to construct some kind of benchmark index from the different assets and use that to build information ratios etc [00:36]
mircea_popescu herbijudlestoids i mean, for prices to distribute normally it'd mean there;s not much meta activity going on [00:36]
mircea_popescu ie, virginal. [00:36]
azi` does anyone happen to have any experience with cryptostocks.com? [00:36]
herbijudlestoids financial timeseries vary rarely distribute normally [00:36]
mircea_popescu azi` yes. it's a scam. [00:36]
mircea_popescu herbijudlestoids yeah. [00:37]
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azi` mircea_popescu: why is it? [00:38]
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herbijudlestoids anyway these are just play charts until more data comes, just to get myself familiar with ingesting it and processing it... [00:39]
mircea_popescu see for instance the sad story of their own selfipo, linked an hour ago. http://log.bitcoin-assets.com/?date=30-01-2014#468657 [00:39]
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pankkake it's another one [00:39]
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mircea_popescu no ?! [00:40]
pankkake CipherTrade, CryptoTrade, CryptoStocks [00:40]
mircea_popescu ow fuck. [00:40]
azi` so much of these sites these days [00:41]
pankkake https://btcinve.com/ https://www.litecoininvest.com/ too [00:41]
ozbot BTCInve [00:41]
azi` so many scams.. [00:41]
mircea_popescu bad link azi. hang a second. [00:41]
mircea_popescu https://bitcointalk.org/index.php?topic=140700.0;all [00:42]
ozbot [CRYPTOSTOCKS] Vircurex [VCX] - Going public [00:42]
mircea_popescu there's tons of other stuff, this one is funny because the guy running it pretty much stole each and every possible way. [00:42]
assbot [HAVELOCK] [AM100] 51 @ 0.00584957 = 0.2983 BTC [+] {5} [00:43]
herbijudlestoids sounds like old mrs clinton will be the next dem candidate [00:45]
lewicki tough act to follow... [00:47]
mircea_popescu she doesn't even get the benefit of pms [00:48]
mircea_popescu lol i see goat is putting a lot of effort into perhaps a comeback. [00:49]
mircea_popescu that should go over well. [00:53]
mircea_popescu Neil you getting pm at all ? [00:54]
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assbot [HAVELOCK] [PETA] 9 @ 0.04534966 = 0.4081 BTC [-] {2} [01:10]
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pankkake http://dilbert.com/strips/comic/2014-01-30/ [01:20]
ozbot Dilbert comic strip for 01/30/2014 from the official Dilbert comic strips archive. [01:20]
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assbot [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC [01:36]
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assbot [HAVELOCK] [COG] 23 @ 0.03200207 = 0.736 BTC [+] {4} [01:38]
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assbot [HAVELOCK] [COG] 22 @ 0.03200182 = 0.704 BTC [-] {6} [01:39]
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assbot [HAVELOCK] [COG] 55 @ 0.02687298 = 1.478 BTC [-] {8} [01:40]
assbot [HAVELOCK] [COG] 15 @ 0.02511116 = 0.3767 BTC [-] {2} [01:41]
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herbijudlestoids mircea_popescu: if the trading volume of MPex picks up considerably, will you still be streaming orders via assbot? [01:56]
jurov herbijudlestoids: assbot already aggregates orders [01:58]
assbot [HAVELOCK] [PETA] 5 @ 0.04899989 = 0.245 BTC [+] [01:59]
jurov at least on his chan [01:59]
jurov but #assets-trades could get into trouble cuz flooding [01:59]
assbot [HAVELOCK] [PETA] 4 @ 0.04899992 = 0.196 BTC [+] {2} [02:00]
dub https://bitcointalk.org/index.php?topic=433280.msg4848691#msg4848691 [02:00]
ozbot Selling 4.13M stolen DogeCoins [02:00]
dub cant put anything past these shibes [02:00]
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KRS1 those dirty dogs [02:06]
pankkake scammers scamming scammers [02:08]
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mircea_popescu herbijudlestoids it already has picked up considerably. [02:11]
mircea_popescu dub remarkable how calous, 3rd world teh forum has become. [02:12]
dub uh, lol? [02:13]
assbot [MPEX] [S.MPOE] 5980 @ 0.00090133 = 5.39 BTC [+] [02:14]
mircea_popescu dude is back in there bumping his shit, not a care in the world etc. [02:14]
dub like isk, doge has an implied level of lawlessness [02:15]
dub lawl'essness too [02:16]
mircea_popescu which just happens to be over 9000 [02:16]
mircea_popescu anyway, teh diids pushing it should be just about running out of suckerpool. should be lulzy to see it unwind. [02:17]
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jurov verily, they should build drones and take it inbetween them somewhere in desert [02:24]
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nubbins` mircea_popescu: 4 hours too late, but i'm here now! [02:25]
mircea_popescu nubbins` you know that guy ? [02:25]
nubbins` which guy? not 100% caught up [02:25]
mircea_popescu DrahogErusiel [02:26]
mircea_popescu forum painter dood [02:26]
nubbins` ah, don't know him, but those paintings he's selling look amazing [02:26]
assbot AMAZING COMPANY! [02:26]
mircea_popescu well he's too clueless to know me, so do you wanna escrow his fee ? [02:27]
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twizt lol amazing [02:28]
assbot AMAZING COMPANY! [02:28]
assbot [HAVELOCK] [MS] 68 @ 0.005 = 0.34 BTC [02:30]
ThickAsThieves "do you want to be a baby hitler or full grown?" [02:33]
nubbins` mircea_popescu, sure [02:36]
nubbins` sorry, stepped away [02:36]
mircea_popescu lol [02:37]
mircea_popescu nubbins` so be a darling say so in the thred. [02:37]
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nubbins` sure, got a link? [02:39]
nubbins` i'll race ya [02:39]
mircea_popescu i'm screaming at wannabe pr outfits. [02:40]
nubbins` https://bitcointalk.org/index.php?topic=359006.msg4849162#msg4849162 [02:40]
ozbot portraits, commissions, and original paintings by Maureen Gubia [02:40]
nubbins` "at the club, at the beach, or in the amazon. " [02:41]
nubbins` ahahahah [02:41]
nubbins` actually amazing [02:41]
assbot AMAZING COMPANY! [02:41]
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nubbins` over the years, i've stopped taking "this would be great album art" as a compliment [02:42]
mircea_popescu >D [02:43]
ThickAsThieves "a company purchasing and selling convertible [02:43]
ThickAsThieves virtual currency as an investment exclusively for the company’s benefit is not a money [02:43]
ThickAsThieves transmitter. " ~ FINCEN [02:43]
nubbins` so what the fuck is mike caldwell? [02:43]
nubbins` these people.. [02:43]
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ThickAsThieves also, [02:43]
ThickAsThieves "The first ruling states that, to the extent a user creates or “mines” a convertible virtual currency solely for a user’s own purposes, the user is not a money transmitter under the BSA" [02:44]
nubbins` solely for a user's own purposes [02:44]
ThickAsThieves "If further clarification is needed, FinCEN encourages the submission of a request for an administrative ruling. The procedure for submission of administrative rulings can be found at FinCEN’s Web site" [02:44]
ThickAsThieves http://www.fincen.gov/news_room/nr/pdf/20140130.pdf [02:44]
ThickAsThieves the doc links to more docs with elaborations [02:45]
nubbins` not sure which "official" thread is more pathetic, asicminer or cavirtex [02:45]
mircea_popescu that's sad. [02:46]
ThickAsThieves http://seekingalpha.com/article/1980641-visas-ceo-discusses-f1q-2014-results-earnings-call-transcript?page=5 [02:48]
ozbot Visa Inc (V) news: Visa's CEO Discusses F1Q 2014 Results - Earnings Call Transcript - Seeking Alpha [02:48]
ThickAsThieves asked about Bitcoin [02:48]
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ThickAsThieves "And there’s certainly some interesting things about Bitcoin and other things like it, but there’s also a great deal of complexity. People talk about things like frictionless and things like that, and when you actually dig through it, it’s really not the case. It’s far more complex than that. And we feel very comfortable with the business that we have here." [02:49]
mircea_popescu famous last words. [02:49]
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nubbins` he's right about frictionless [02:51]
herbijudlestoids mircea_popescu: iv counted 46 ticks over 2 days, to compare to say the S&P 500 i would expect 46 ticks every 2 minutes? [02:51]
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mircea_popescu that he is. [02:52]
herbijudlestoids lets say the rate of trading goes up to 10 ticks an hour, will you still stream on irc? :D [02:52]
mircea_popescu herbijudlestoids afaik the limit is 1 per second. [02:52]
mircea_popescu (freenode's) [02:52]
herbijudlestoids coo [02:53]
mircea_popescu anyway, my point was more that the trades streamed when it was half a bitcoin worth 50 dollars, and it's still streaming when it's 50 bitcoins worth 50k [02:53]
mircea_popescu and from there to 50m is about the same distance. [02:53]
herbijudlestoids not sure if youre talking to me, but do oyu really believe BTCUSD valued at 1mio? [02:54]
mircea_popescu http://trilema.com/2013/bitcoin-prices-bitcoin-inflexibility/ [02:54]
benkay of course [02:55]
benkay herbijudlestoids ^^ [02:55]
jurov if btc is to be small part of international trade [02:55]
benkay this is a room of true believers ;) [02:55]
jurov then it just has to go there [02:55]
herbijudlestoids well the highest valuation i had heard so far was 798,000 [02:55]
benkay oddly specific number. [02:55]
benkay sounds like a winkle. [02:55]
herbijudlestoids i take notes of oddly specific numbers [02:55]
herbijudlestoids winkle? [02:55]
nubbins` voss [02:56]
benkay something a winklevii drops on the floor and nobody wants to touch [02:56]
ozbot Bitcoin prices, Bitcoin inflexibility pe Trilema - Un blog de Mircea Popescu. [02:56]
mircea_popescu lol ozbot delayed [02:56]
nubbins` mircea_popescu, https://bitcointalk.org/index.php?topic=359006.msg4849297#msg4849297 [02:57]
nubbins` i tried! [02:57]
mircea_popescu john guy keeps disappearing. [02:58]
nubbins` nod. [02:58]
mircea_popescu anyway, not the first time cluelessnes costs a guy his bread. [02:58]
nubbins` sometimes for months at a time [02:58]
nubbins` the "salty" he mentioned, i've done business with [02:58]
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nubbins` just checked to see if he's in the wot, lel: http://bitcoin-otc.com/viewratingdetail.php?nick=saltyspitoon [02:58]
assbot [MPEX] [S.MPOE] 11500 @ 0.00090076 = 10.3587 BTC [-] {3} [03:00]
mircea_popescu lol i guess it marginally qualifies. [03:00]
herbijudlestoids hmmm [03:00]
deadweasel so, mp, what kind of hitler are you? [03:01]
deadweasel on da beach? in da muff? [03:01]
assbot [HAVELOCK] [PETA] 71 @ 0.049 = 3.479 BTC [+] [03:02]
mircea_popescu no idea [03:02]
mircea_popescu artist's gotta have some freedom neh ? [03:02]
deadweasel it seems to scare him.. [03:02]
mircea_popescu it's a sad time we live in when the close minded burgeois scares the revolutionary artists. [03:02]
deadweasel he should do one like marge did of Monty Burns. [03:02]
mircea_popescu shouldn't it be the other backwards around ? [03:02]
assbot [MPEX] [S.MPOE] 12786 @ 0.00090137 = 11.5249 BTC [+] [03:03]
deadweasel i try not to should on things anymore, I'm always wrong. [03:03]
jurov benkay, what??? are we are talking about the portrait you wanted to procure? [03:03]
nubbins` relevant video, http://www.youtube.com/watch?v=Q2YLZc_gDMM [03:03]
nubbins` i may have pasted that one here before [03:04]
benkay dah what jurov? [03:04]
herbijudlestoids mircea_popescu: have you ever heard of the freegold hypothesis? [03:04]
herbijudlestoids i guess its one option you didnt consider [03:04]
mircea_popescu so i have [03:04]
jurov someone wanted to procure mirceas portrait [03:05]
herbijudlestoids i personally put some weight behind it [03:05]
jurov and asked nubbins` to paint it [03:05]
mircea_popescu herbijudlestoids i don't see how it limits btc [03:05]
jurov now i had some brainfart "that they want to paint him as hitler?" [03:05]
herbijudlestoids it doesnt necessarily [03:05]
jurov nevermind me [03:05]
assbot [MPEX] [S.MPOE] 4000 @ 0.00090342 = 3.6137 BTC [+] [03:06]
mircea_popescu herbijudlestoids for that matter, bitcoin could actually be it. [03:06]
herbijudlestoids some of the properties you apply to BTC apply equally (or more so) to gold and that is an asset that happens to already be on ECB balance sheet ;) [03:06]
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mircea_popescu they don't apply to gold in any sense. [03:07]
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mircea_popescu you're basically saying "the stuff i say about cars also applies to other locomobiles, such as steam powered train engines and horsedrawn carriages" [03:08]
herbijudlestoids "Nevertheless, the pressure is unyielding : people holding Bitcoins have no practical incentive to get rid of them, and people trying to get rid of their increasingly worthless dollars have no recourse. " [03:08]
mircea_popescu sure, except fundamental issues prevent either from competing with the combustion engine. [03:08]
mircea_popescu and since there's no room for 2nd place, it will just be this. [03:08]
mircea_popescu much like the us has no train infrastructure, and uses trucks for everything. trains would be more effective for trucking, but gasoline engines are more effective overall and so... trains are fucked. [03:09]
herbijudlestoids what youre proposing here is essentially BTC takes over the economic role of USD as global reserve asset [03:09]
mircea_popescu no. [03:10]
mircea_popescu it takes over the role of everyting. usd, eur, rmb, sdr, gold, stupid facebook tokens, in-game currencies like isk, [03:10]
herbijudlestoids no? so why do holders of Bitcoins have any practical incentive to hold them lol [03:10]
mircea_popescu likes, everything. [03:10]
assbot [MPEX] [S.MPOE] 2600 @ 0.00090342 = 2.3489 BTC [+] [03:11]
mircea_popescu this is why visa can't compete, not really, even if it doesn't know it yet. [03:11]
herbijudlestoids i personally feel that BTC makes a good medium of exchange but a poor store of value [03:11]
mircea_popescu they can't flawlessly merge ten billion likes into the value of an oil tanker. [03:11]
mircea_popescu that personal feel flies in the face of reality. [03:11]
mircea_popescu my wealth stored in btc has been doing better than anyone's any other wealth. [03:12]
deadweasel mircea_popescu, at some point, don't you have to start worrying about physical security.. hired goons of the status quo and whatnot? [03:12]
mircea_popescu do you ? [03:12]
herbijudlestoids so short term relative performance now equals reality? lulz [03:13]
deadweasel i am not valuable to the status quo [03:13]
deadweasel so no, not until my government runs phsyically amok [03:13]
mircea_popescu but you did buy like... a lock. [03:13]
mircea_popescu which was a % of your net worth. [03:13]
mircea_popescu herbijudlestoids well, reality is that which happens, you know ? [03:14]
herbijudlestoids mircea_popescu: so if i do a quick stock scan and find all the global penny stocks that outperformed BTC since inception, wouldnt those actually be the best store of value :/ [03:15]
herbijudlestoids surely you jest [03:15]
mircea_popescu for curiosity, do this : [03:15]
mircea_popescu find penny stocks worth < 1 cent per share in 2010 [03:15]
mircea_popescu that are now worth > 1000 dollars per share. [03:15]
deadweasel lol [03:15]
jurov ^ with billions total valuation [03:15]
mircea_popescu we're not talking six month's worth of pump and dump here. [03:15]
mircea_popescu we're talking four friggin years. [03:15]
mircea_popescu short term, yes. reality ? also yes. [03:16]
mircea_popescu i'm kind-of curious if he actually finds one. afaik it doesn't exist. [03:17]
herbijudlestoids your scan parameters are wrong [03:18]
mircea_popescu how so / [03:18]
herbijudlestoids you should be looking for a 4Y ROC 100000% [03:18]
mircea_popescu 10k btc pizza actually happened in 2010. [03:18]
mircea_popescu mno. <1 cent to 1k usd = 10000000% [03:19]
herbijudlestoids sorry yea, but the scan "1c to 1k" is wrong [03:19]
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mircea_popescu (technically 10k btc for a 19 dollar pizza would mean 0.19 cents each, but we'll let that slide) [03:20]
mircea_popescu so scour the entire list of known pinks for anything matching it, i'm not picky. [03:20]
assbot [MPEX] [S.MPOE] 16200 @ 0.00090139 = 14.6025 BTC [-] {2} [03:20]
benkay pinks? [03:20]
mircea_popescu you can go all the way to 1950 for all i care. [03:20]
mircea_popescu benkay they used to be printed on pink paper. [03:20]
benkay ha [03:21]
mircea_popescu that juicy moment when person suddenly realises the immensity of this shit. [03:22]
* mircea_popescu waves to herbijudlestoids [03:22]
herbijudlestoids give me a sec [03:26]
herbijudlestoids took me a second to make the scan [03:26]
mircea_popescu i'ma go spank a girl till you find anything ? [03:27]
mircea_popescu poor her, that'd suck as a fate huh. [03:27]
herbijudlestoids scanning now, largest so far is BIOM on LSE 46,959% [03:27]
mircea_popescu o i remember biom [03:27]
mircea_popescu foot prosthetics or something like that they did [03:28]
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herbijudlestoids ok that was the biggest one [03:30]
mircea_popescu um [03:30]
mircea_popescu actually it seems it's not what i thought it was [03:30]
herbijudlestoids about ~5 stocks in the 10-50,000 range [03:30]
mircea_popescu biome plc [03:30]
mircea_popescu well you see... 50k ain't 10mn. not even close. [03:30]
jurov http://bitbet.us/bet/745/fico-will-be-elected-president-of-slovakia/#c2416 kakobrekla unicode fail [03:30]
ozbot BitBet - Fico will be elected President of Slovakia [03:31]
mircea_popescu some guy there is seriously named FICO ? [03:31]
jurov local chars are missing [03:31]
mircea_popescu o o [03:31]
jurov yes. robert fico [03:31]
herbijudlestoids so maybe my maths is retarded but i calculated (1000-0.01)/0.01=99999% [03:31]
mircea_popescu well... i hope his credit is good... [03:31]
herbijudlestoids so how did we get 10 million? [03:31]
mircea_popescu where did you get the % from ? [03:32]
herbijudlestoids rate of change [03:32]
mircea_popescu ... [03:32]
kakobrekla jurov bitbet doesnt like your char [03:32]
mircea_popescu so on the right you get a % for free ? [03:32]
mircea_popescu (10-5)/5 = 1% ? [03:32]
herbijudlestoids o right, yea my maths is retarded gotta * 100 [03:32]
mircea_popescu those last two digits are the best two digits. [03:33]
herbijudlestoids i guess up to oyu if you wanna use 4Y ROC as proof of its viability as a store of value but i dont feel very convinced [03:34]
mircea_popescu im not trying to convince you. i merely made the previous points. [03:35]
herbijudlestoids yep [03:35]
mircea_popescu fact is so far it did so work. what the future brings... the future knows. [03:35]
herbijudlestoids well it works inasmuch as you can convince people to join the BTC economy and exchange real good and services, and in cases where you cant it doesnt work [03:36]
mircea_popescu not at all. [03:36]
mircea_popescu this is like the intuition of everyone, but it's perfectly false. bitcoin works fine irrespective of what anyone does. [03:37]
herbijudlestoids i doubt you actually expect that your net worth denominated in BTC would be equal to a fraction if you tried to convert it all at once to say USD or whatever [03:37]
mircea_popescu so you doubt. [03:37]
mircea_popescu you familiar with gresham's law ? [03:37]
herbijudlestoids am i wrong? do you expect theres enough liquidity for you to make a transition like that without any loss? [03:37]
herbijudlestoids yes [03:37]
herbijudlestoids quite :) [03:37]
mircea_popescu ok so. it doesn';t matter what people do or don't do [03:38]
mircea_popescu merely the preference to save strong currencies and to spend weak ones ensures the price differential. [03:38]
mircea_popescu compared to anything else man made, bitcoin is adamantine. [03:38]
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herbijudlestoids i swear i mentioned something about global reserve asset earlier [03:39]
herbijudlestoids preference to save is enforced by the marginal global saver [03:39]
mircea_popescu so i mentioned something in 2011, what of it >D [03:39]
herbijudlestoids what they save in is the store of value [03:39]
herbijudlestoids you cant just call a currency the strong one for no reason. the use of a particular asset as a store of value by the marginal global saver(s) is what gives it that characteristic [03:40]
herbijudlestoids i.e. what are those entities converting their productive surplus into [03:41]
mircea_popescu but i have an excellent statistical reason [03:41]
mircea_popescu that 10mn earlier. [03:41]
mircea_popescu no business in the history of business did anything like this [03:41]
mircea_popescu only currencies can, and only currencies do. [03:41]
mircea_popescu basically in the 2010-2014 the entire world had a zimbabwe moment [03:41]
mircea_popescu and didn't even know it. [03:41]
mircea_popescu (much like the actual peasants of zimbabwe, what do they know of finance) [03:42]
jurov oh, they did notice ever fattening stacks of bills [03:42]
mircea_popescu i guess. and obama is increasing the minimum wage, and more qe, and more bailouts, and so on and so forth. [03:43]
herbijudlestoids im not really sure what any of the above has to do with greshams law lol [03:43]
mircea_popescu it's a better model than the "marginal saver", in that it relies less on statistical artificery. [03:43]
mircea_popescu other than the statistical reason (ie, bitcoin is the strong currency because of its history) there are actually legions of other reasons. bitcoin is fungible, unlike any other fiat [03:45]
mircea_popescu (in that no court can order the de-fungibilisation of bitcoin) [03:45]
mircea_popescu in any dispute of currency the more fungible wins, period. [03:46]
assbot [HAVELOCK] [DEALCO] 100 @ 0.00426999 = 0.427 BTC [+] [03:49]
assbot [HAVELOCK] [DEALCO] 60 @ 0.00426999 = 0.2562 BTC [+] [03:50]
herbijudlestoids i think youre a pretty smart guy, dont really want to get into a full blown thing so i will just say i disagree that through the lens of greshams law, bitcoin is the "strong currency" which savers have a preference to save in. if youre interested in maybe considering a different view heres FOFOA on the topic (a bit long) http://fofoa.blogspot.com.au/2011/06/bitcoin-open-forum-part-3.html [03:51]
mircea_popescu you gotta appreciate this position is in no way novel to me, you know. [03:51]
assbot [HAVELOCK] [DEALCO] 50 @ 0.00426999 = 0.2135 BTC [+] [03:51]
assbot [MPEX] [S.MPOE] 9450 @ 0.00090342 = 8.5373 BTC [+] [03:52]
herbijudlestoids mircea_popescu: appreciate that [03:52]
mircea_popescu for that matter, moldbug is still shy on my bet [03:52]
mircea_popescu ( http://trilema.com/2013/stage-n-bitcoin-exists/ ) [03:52]
assbot [HAVELOCK] [DEALCO] 65 @ 0.00426999 = 0.2775 BTC [+] {2} [03:53]
mircea_popescu and you'll be well advised to take note that for all his childish posturing a) yarvin capitulated and tried to make his own bitcoin [03:53]
mircea_popescu b) which attempt bitcoin crushed. [03:53]
assbot [HAVELOCK] [DEALCO] 40 @ 0.00426999 = 0.1708 BTC [+] [03:54]
herbijudlestoids hmmm well i would never have argued that the USG will shutdown bitcoin or that bitcoin will be worthless, those seem like two stupid things to bet on [03:56]
herbijudlestoids although i would posit that considering the nature of centralisation of the internet currently, it might not be that hard for the USG to do so [03:56]
herbijudlestoids also i dont think bitcoin is worthless, i think it has a considerable value as a medium of exchange [03:56]
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decimation I think Mr. Yarvin was correct in his analysis about the game theory of bitcoin saving [03:57]
decimation it's Gresham's law, as MP mentioned [03:58]
kakobrekla hm i didnt know davinci way gay [03:58]
kakobrekla was* [03:58]
decimation he underestimated the avarice of those who would influence USG decisionmaking [03:58]
CheckDavid how does gresham's apply to bitcoin' [03:58]
herbijudlestoids can you please explain for us retards, how "bitcoin just is"? considering it requires a globally distributed network of hosts to constantly verify and transact? fractures introduced to the network topology, or similar, seem to argue against the idea that bitcoin is simply a mathematical construct. you need compute power and communication to implement and distribute the construct [03:59]
mircea_popescu herbijudlestoids ironically, the medium of exchange function is the thing at which bitcoin sucks worst. [04:00]
decimation It exists just like the democrats and republicans exist [04:00]
decimation there's no reason why they exist really, everyone could change their minds tomorrow [04:00]
decimation yet they don't [04:00]
decimation and won't [04:00]
mircea_popescu since i'm doing a trilema retrospective apparently, here, see that : http://trilema.com/2013/bitcoin-prices-bitcoin-inflexibility/#comment-92015 [04:00]
herbijudlestoids decimation: wut? is that seriously the answer? [04:01]
mircea_popescu kakobrekla srsly ?! [04:01]
decimation why not? [04:01]
kakobrekla yea [04:01]
kakobrekla www.youtube.com/watch?v=VsE0BwQ3l8U&feature=youtu.be&t=27m47s [04:01]
mircea_popescu who else did you not know was gay ? elton john ? boy george ? [04:01]
mircea_popescu queen lezzie ? [04:01]
kakobrekla i dunno, i do not study these things. [04:02]
mircea_popescu you don't study lezzies. [04:02]
herbijudlestoids mircea_popescu: the comment you sent me seems to directly contradict your statement that bitcoin will replace everything [04:03]
decimation LoL that German youtube guy "Der Diktator der Kunst ist Ideal." [04:03]
Dimsler_ mircea_popescu, what are you estimate daily active users at [04:03]
Dimsler_ currently [04:03]
mircea_popescu herbijudlestoids how so ? [04:03]
mircea_popescu Dimsler_ active users of what, pot ? i dunno, 50mn. [04:03]
Dimsler_ btc [04:03]
mircea_popescu i have no idea. there's like 7k or so full nodes iirc. [04:03]
herbijudlestoids if it is to replace everything, how can it also "never be a direct means of payment for retail anything" [04:03]
mircea_popescu where's the contradiction ? [04:04]
mircea_popescu has electricity replaced female labour in the house or hasn't it ? [04:05]
herbijudlestoids well, i assume your "everything" includes direct means of payment for retail things, since you included even facebook ecash or whatever in your list of things it is to replace [04:05]
mircea_popescu sure, it still needs appliances. [04:05]
assbot [MPEX] [S.MPOE] 4300 @ 0.00090211 = 3.8791 BTC [-] [04:05]
mircea_popescu you're going to have stuff built on top of btc to handle the subsidiary and marginal task of retail. [04:05]
mircea_popescu but btc will dictate how these look and how they work and how they feel and even what retail is. [04:06]
mircea_popescu much like... no 1800s woman on her knees polishing the floors is much represented in the modern vacuum cleanner. [04:06]
decimation There's no reason in principle why one couldn't extend bank credit which is convertible to claims on BTC [04:07]
decimation Therefore no reason why you couldn't run a btc credit card [04:07]
decimation of course you would want a non-retarded security model [04:07]
mircea_popescu actually, to clarify, "takes over" != "replaces". [04:07]
mircea_popescu at least, not in your reading. [04:07]
decimation I'm also assuming the word "bank" means something different than the modern western concept [04:08]
decimation like, the bank knows about your actual credit riskiness, rather than just accepting fiat insurance [04:09]
decimation I donno, I came to bitcoin via Mr. Yarvin. In retrospect his doubts about Bitcoin look silly. [04:10]
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herbijudlestoids ok, well im not really sure how bitcoin not being used for retail makes it a bad MoE, but ok thats your view [04:13]
herbijudlestoids decimation: not really sure what your comment re republocrats was about, very far from the answer i was looking for [04:13]
herbijudlestoids or even the type of answer [04:13]
decimation well, what I was attempting to convey was the idea that bitcoin is contingent on coordination amoung many in a mysterious way [04:15]
assbot [MPEX] [S.MPOE] 1050 @ 0.00090342 = 0.9486 BTC [+] [04:15]
decimation In the same way, the US political parties stay in power even when both obviously operate against the interests of those who are coordinating [04:15]
herbijudlestoids err if bitcoin is contingent on coordination then the statement "bitcoin just is" is false. [04:16]
mircea_popescu herbijudlestoids i merely said that out of the various functions, that happens to be the one it does worst. [04:16]
assbot [MPEX] [S.MPOE] 144 @ 0.00090708 = 0.1306 BTC [+] [04:16]
mircea_popescu doesn't mean it's bad. just means it's much better at other things. [04:16]
herbijudlestoids "bitcoin just is, as long as many coordinate in a mysterious way" [04:17]
decimation Do you think the triangle is in a simliarly precarious position? [04:17]
herbijudlestoids difference. [04:17]
mircea_popescu be so kind not to modify my statements by your discussions with third parties eh :D [04:17]
herbijudlestoids sorry mircea_popescu [04:17]
herbijudlestoids decimation: how much crack do you smoke? [04:17]
decimation Indeed. [04:17]
herbijudlestoids surely by now your dealer must know you by first name [04:18]
mircea_popescu the mark of the true junkie : he keeps a stable of dealers, rather than the other way around [04:19]
kakobrekla up his ass, or ? [04:20]
mircea_popescu lol [04:21]
decimation http://about.bloomberglaw.com/legal-news/new-york-state-regulator-promises-tough-bitcoin-rules/ [04:21]
ozbot New York State Regulator Promises Tough Bitcoin Rules - Bloomberg Law [04:21]
assbot [MPEX] [FT] [X.EUR] 200 @ 0.00166253 = 0.3325 BTC [+] [04:21]
mircea_popescu lol new york, trying hard to outdo new jersey [04:21]
mircea_popescu “If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first,” Lawsky said at the hearing. [04:22]
mircea_popescu win. [04:22]
decimation Indeed. Exactly as you predicted, the regulators are more than happy to cede currency regulation to Bitcoin, if Bitcoin allows them to crowbar their banks. [04:23]
mircea_popescu it's funny tho, making exactly the wrong moves. you couldn't pay them to be this conveniently stupid. [04:24]
decimation The hilarious part to me is that they think their "bitlicense" will allow to them dictate to bitcoin, rather than the other way around [04:24]
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mircea_popescu bitcoin was taken to $10 by lulz, to $100 by lulz and drama and to $1000 by lulz, drama and mining. [04:25]
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decimation It's going to go to > 1 mil based on this stuff [04:25]
mircea_popescu i guess with the extra "watch us fail" boost 10k may even be possible [04:26]
decimation It's because a few indiviuals in key positions think they can ride the wave of terror to power [04:26]
Dimsler_ i think 50k will be possible [04:26]
Dimsler_ i think the run up will be one that nobody will be expecting [04:26]
Dimsler_ from the historical research on bubles i've read [04:26]
Dimsler_ 50k is quite possible [04:26]
mircea_popescu “If that same company can be started in the U.K. or Germany, maybe that innovation just gets pushed offshore,” Liew said. [04:27]
mircea_popescu "Nobody will care that the original paper may have been written by an American and the original discussion on the long forgotten original Bitcoin forum was carried in English. I can deal just as well with Russian investors, I can deal just as well with Chinese investors, Bitcoin is completely neutral from a cultural perspective. This neutrality means that cultures will have to compete. So far the US is losing this comp [04:27]
mircea_popescu etition at this level. If things don’t get fixed soon the only thing that we’ll be able to say for sure about Bitcoin regulation will be that it won’t be written in English, and it won’t consider US interests or sensibilities." [04:27]
mircea_popescu mircea popescu said [04:27]
mircea_popescu except... you know, a little earlier. [04:27]
decimation Yep [04:27]
Dimsler_ well i dont' really want to deal with the west [04:27]
decimation " [04:27]
Dimsler_ btc-e is russian so is g.hash [04:27]
decimation Lawsky at times sympathized with the goals of the investors at the hearing, complaining that it could take ?days? to pay his credit card from a bank account. And he criticized fees immigrants pay to send money home, and welcomed the chance to use Bitcoin to reduce the costs. [04:27]
decimation ?That?s a huge thing, for the country and New Yorkers,? Lawsky said. [04:27]
mircea_popescu http://trilema.com/2013/the-future-of-bitcoin-regulation/ [04:27]
Dimsler_ both operate in secrecay [04:27]
ozbot The future of Bitcoin regulation pe Trilema - Un blog de Mircea Popescu. [04:27]
Dimsler_ under silence [04:28]
mircea_popescu "This is possibly the last chance to take those piles of fundamentally worthless US dollars and use them for something with any sort of future value." [04:28]
Dimsler_ the way it should be [04:28]
mircea_popescu last chance came... and went. [04:28]
decimation It's a huge thing for New Yorkers indeed. [04:28]
herbijudlestoids lol it went? [04:28]
herbijudlestoids yet it could still go to 50k? [04:28]
mircea_popescu “The Bitcoin ecosystem of companies and investors has to engage to allay real concerns and avoid being pigeonholed by policy makers,” Klein said. [04:29]
mircea_popescu ahahaha! HAS TO ? [04:29]
mircea_popescu lol. listen to them go [04:29]
mircea_popescu herbijudlestoids yup. [04:29]
herbijudlestoids implication is that its no longer possible to exchange USD for something with any sort of future value... [04:30]
mircea_popescu you're trapped in this mental representation wherein stuff can only happen with permission. this is not how things happen. your choice is whether you're on the boat when it sails or not. [04:30]
mircea_popescu your choice is not whether the boat sails, or when. [04:30]
mircea_popescu or how, or where to. [04:30]
mircea_popescu not practically, no. [04:30]
mircea_popescu technically it is still possible, but in retrospect it' [04:30]
mircea_popescu ll be one of those things that "could hav been" [04:31]
herbijudlestoids im not trapped in any such mental representation and dont really believe for example that a BTCUSD price punctuation event would need "permission" to occur lol [04:31]
assbot [MPEX] [S.MPOE] 20128 @ 0.00090108 = 18.1369 BTC [-] {2} [04:31]
assbot [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC [04:31]
decimation what controlling factor would limit its rise? [04:32]
herbijudlestoids if the possibility came and went then the implication is that people *today* have literally no option for investment...so BTCs are out for those people? [04:32]
mircea_popescu well, i dun know what you think, obviously. im merely noticing that what you say comes from this one point of view. [04:32]
mircea_popescu herbijudlestoids the article was discussing investors, you know ? [04:32]
herbijudlestoids right [04:32]
Dimsler_ more lke speculators [04:32]
mircea_popescu now, people do have options. it's just they won't take them. [04:32]
mircea_popescu there's options you have, and then there's options you actually can take. [04:32]
mircea_popescu some are forbidden, some just escape your view. [04:33]
herbijudlestoids but the opportunity has not gone [04:33]
mircea_popescu technically. [04:33]
herbijudlestoids you said it has gone :P [04:33]
mircea_popescu in practice, it's gone. [04:33]
Dimsler_ what are we talking about [04:33]
assbot [MPEX] [S.MPOE] 12550 @ 0.00089833 = 11.274 BTC [-] {2} [04:33]
Dimsler_ whats gone? [04:33]
mircea_popescu if back in april wanna-be investors had actually invested, the us still had a chance. [04:33]
mircea_popescu should have started earlier, but there was still space. [04:33]
mircea_popescu by now... heh. hardly. [04:34]
mircea_popescu Dimsler_ link above. [04:34]
Dimsler_ are we talking about btc speculation? [04:34]
decimation There are only a few more orders of magnitude of growth left before it becomes the world trade currency [04:34]
mircea_popescu decimation the people are more important. [04:34]
mircea_popescu the fact that andressen horovitz is not in the wot today dooms it. [04:34]
mircea_popescu should have been in the wot two years ago. [04:34]
decimation Or Paul Singer? [04:34]
Dimsler_ fucking jew [04:34]
mircea_popescu or whoever. [04:34]
decimation http://blogs.wsj.com/moneybeat/2014/01/28/hedge-fund-manager-paul-singer-shocked-by-bitcoin-popularity/ [04:35]
ozbot Hedge-Fund Manager Paul Singer ‘Shocked’ by Bitcoin Popularity - MoneyBeat - WSJ [04:35]
Dimsler_ bitcoins not that popular [04:35]
Dimsler_ 4mil users? [04:35]
Dimsler_ lol [04:35]
Dimsler_ maybe 500k active [04:36]
mircea_popescu herbijudlestoids let's examine the following avenue : maddoff's "investments" collapsed like so much termite eaten furniture. [04:36]
mircea_popescu why was this ? [04:36]
mircea_popescu "mismanagement" right ? "misrepresentation", right ? [04:36]
Dimsler_ maddoff ran a pyramid scheme [04:36]
Dimsler_ fed by blind greed [04:36]
mircea_popescu well... what exactly is this misrepresentation ? what is its substance ? [04:36]
Dimsler_ there wasn't any [04:36]
mircea_popescu a cluelessness about the real value of assets, which may as well mean "buying US stocks" as it may mean "moving money from our account to our account" [04:37]
Dimsler_ well the problem with US stocks is they all suck [04:37]
Dimsler_ unless you're buying tobacco or liquor [04:37]
decimation US stocks are a trival case of the CEO's pirating money from the "investor's" 401k accounts [04:37]
herbijudlestoids madoffs investments collapsed because of a cluelessness about the real value of assets? [04:37]
Dimsler_ everything else sucks [04:37]
mircea_popescu can you prove to me the entire troop of us hedge funds aren't little maddofs running around, shielded by "industry standards" ? [04:37]
mircea_popescu herbijudlestoids yes. you disagree ? [04:37]
herbijudlestoids not sure that statement made much sense to me [04:38]
mircea_popescu ok. let's get to the bottom of this. [04:38]
Dimsler_ how does it not make any sense [04:38]
herbijudlestoids but i can prove to you quite easily through factor decomposition that most US hedge funds are not doing anything special at all [04:38]
Dimsler_ the US stock market is a giant boiler room [04:38]
mircea_popescu maddoff's balancesheet, before the collapse, showed some assets. [04:38]
mircea_popescu right ? [04:38]
Dimsler_ a game of hotpotatoe [04:38]
Dimsler_ refer to current price of facebook stock [04:38]
herbijudlestoids i wish people would stop interrupting your interesting comments with inane bullshit so i can try to understand [04:38]
Dimsler_ huge market cap, little revenue [04:38]
asciilifeform "can you prove to me the entire troop of us hedge funds aren't little maddofs running around, shielded..." << i can prove that this /must/ be so [04:38]
Dimsler_ little value [04:38]
mircea_popescu herbijudlestoids no such luck on irc :) [04:39]
herbijudlestoids stfu morons [04:39]
mircea_popescu lol [04:39]
Dimsler_ i'm summerizing his comments [04:39]
Dimsler_ into peasent english for you [04:39]
Dimsler_ to understand [04:39]
mircea_popescu it'll be a pm discussion. [04:39]
herbijudlestoids your summary is about as useful as the stupid analogy that decimation gave earlier. [04:39]
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mircea_popescu herbijudlestoids dja know how to use the pm system ? [04:40]
Apocalyptic keep it in the chan mircea_popescu if you can [04:41]
Apocalyptic herbijudlestoids, just /ignore people that annoy you [04:41]
kakobrekla you have just been ignored. [04:41]
mircea_popescu Apocalyptic i'll just publish the thing when we're done [04:42]
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TomServo I got all excited and ran out of log. :( [04:47]
kakobrekla lmaio [04:47]
assbot [MPEX] [S.MPOE] 8100 @ 0.0009054 = 7.3337 BTC [+] {2} [04:47]
assbot [MPEX] [S.MPOE] 18450 @ 0.00090024 = 16.6094 BTC [-] [04:49]
decimation If not bitcoin, than some other cryptocurrency. And if any cryptocurrency, than bitcoin. [04:50]
decimation asciilifeform you mention on your blog your efforts to discover the inner workings of FPGAs - have you made enough progress to create a self-modifying compute unit? [04:55]
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asciilifeform decimation: depends what you mean by 'self-modifying' [04:56]
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asciilifeform the protocol for pumping in the 'bitstream' is simple and documented; [04:57]
decimation I mean that it can program itself after design time [04:57]
asciilifeform the correspondence between each bit of the bitstream and the internal logic of the fpga is a $billion secret [04:57]
decimation ah [04:57]
asciilifeform the reason for this secrecy is interesting and perverse [04:57]
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asciilifeform the major vendors earn far more renting out 'cores' (read: libraries, for things like ethernet and pci) than through selling the chips per se. [04:58]
decimation Why hasn't something like "opencores" largely replaced that? [04:59]
asciilifeform because the opencores libs aren't optimized for a particular fpga [04:59]
asciilifeform and therefore have mediocre-to-poor performance on most jobs [04:59]
asciilifeform take, for instance, sdram controllers [04:59]
asciilifeform if you don't optimize for a particular fpga, you can't get anything close to the maximum rated clock of the sdram in question [05:00]
asciilifeform because each logic element (incl. switch matrix) in the path is an extra few ns. of delay [05:00]
asciilifeform and the whole shebang is speed-limited by its 'weakest link' (longest delay) [05:00]
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decimation Is it a clock speed question or is it a quantity of gates question? [05:01]
asciilifeform those are directly related. but yes, both. [05:01]
asciilifeform likewise, each vendor (and even particular flavours of fpga from same vendor) provides slightly different building blocks on top of the usual LUTs [05:02]
asciilifeform e.g. multipliers, shift registers, etc [05:02]
asciilifeform if your design maps well to what you have, you get decent (minimal) 'footprint' and speed [05:02]
asciilifeform if not, then not. [05:02]
decimation Interesting. So these companies make their money by building proprietary cores on top of their proprietary chips. [05:02]
asciilifeform the closed architectures are motivated not only by fear of reverse-engineered licensed cores, but [05:03]
asciilifeform they have an incentive to make it as painful as possible to write anything from scratch [05:03]
decimation So they insert an artifical layer of indirection in the hardware and give you an opaque software layer to undo it [05:04]
asciilifeform not quite artificial [05:04]
asciilifeform the internals really are somewhat complicated [05:05]
decimation So, why doesn't some no-name Chinese fab make a relatively "generic" chip and take over the market? [05:05]
asciilifeform likewise, the vendor software usually includes a mountain of 'travelling salesman' optimization trickery licensed from hell knows where [05:05]
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decimation I guess it wouldn't include said trickery [05:06]
asciilifeform the chinese, according to some, do make clones of various Xilinx units [05:06]
asciilifeform but presumably they simply use pirated tool chain [05:06]
asciilifeform just like soviet pdp clones often ran unmodified pirated os [05:07]
asciilifeform that was sort of the whole point [05:07]
asciilifeform avoid the dev work [05:07]
asciilifeform you don't actually need to understand very much about an IC design to clone it. [05:07]
decimation Presuming you have the mask? [05:07]
asciilifeform you can get the mask. [05:07]
asciilifeform (it's in there, after all.) [05:07]
asciilifeform this is how soviet clones of DEC chips ended up exact duplicates, complete with the (poorly translated, with a dictionary, by DEC) profanities [05:08]
Apocalyptic mircea, fair enough [05:11]
decimation Do you think there will ever be a day when hardware makers find it in their interest to peddle hardware that has an accessible interface? [05:13]
decimation Or will they always be beholden to chasing after some lock-in dream? [05:13]
asciilifeform transparent hardware -> $, lock-in -> $$$$$$ [05:14]
decimation And yet, bunnie points out that freescale has opened the docs for their ARM clone [05:14]
asciilifeform docs only, or the complete chip mask and sources for the latter ? [05:15]
asciilifeform highly doubt (2), if only because arm is a licensed product [05:15]
assbot [MPEX] [S.MPOE] 9688 @ 0.00090525 = 8.7701 BTC [+] {2} [05:16]
decimation I suspect only datasheet/programming model [05:16]
asciilifeform interestingly, the earliest (late '80s) fpgas did not have this problem [05:16]
decimation and they probably only open that because they are a two-bit player [05:16]
asciilifeform they were well-documented and extremely simple, because they were originally just a substitute for buckets of PALs/GALs [05:17]
asciilifeform no one would've dreamed of trying to implement a cpu on one [05:17]
asciilifeform a few thousand gates, max [05:17]
asciilifeform today there are fpgas with several mil. of gates, costing in the high five figures (u.s. dollar) [05:18]
asciilifeform and you still won't get layout docs [05:18]
nubbins` i downloaded an osx program the other day, double-clicked to open, "this application was not created by an authorized developer" or some such [05:18]
nubbins` had to right-click and select open [05:18]
nubbins` :( [05:19]
decimation Plus, good luck achieving max clock rate and not melting the chip [05:19]
asciilifeform decimation: the vendor toolchain usually calculates your maximum clock rate, based on theoretical path delays (usually a conservative figure, as you'd expect) [05:19]
asciilifeform nubbins`: welcome to the Nintendoized world [05:20]
decimation suppose your design occupies most of the gates and ends up clocking nearly all of them at max rate. [05:20]
decimation It seems that at some point you are going to need more current [05:21]
nubbins` asciilifeform, i always was curious about the "walled garden!!" type people who also owned consoles [05:21]
nubbins` no fuckin shit it's a walled garden, y'know? [05:21]
nubbins` that said, nothing more than a mild inconvenience to disable the feature, i'm sure [05:21]
asciilifeform decimation: vendor usually specifies a max current. and then you go, X cm^s, Y watts dissipated, need such and such heat sink... [05:21]
asciilifeform *cm^2 [05:22]
asciilifeform nubbins`: don't be surprised if mac os '11' or whatnot simply refuses to run 'unsigned' apps [05:23]
assbot [HAVELOCK] [SFI] 122 @ 0.00084426 = 0.103 BTC [+] [05:23]
decimation nubbins` - I enjoyed your German painter link. "Der Diktator der Kunst ist Ideal." [05:23]
decimation that's the obvious next step for apple to take [05:24]
decimation I believe they have unofficially said as much [05:24]
nubbins` asciilifeform, that'd be the worry, but i don't think it'll happen any time soon [05:24]
asciilifeform never forget why MS bailed out apple in the '90s. [05:24]
nubbins` decimation, jonathan meese is an intense man [05:24]
asciilifeform apple is the 'good cop' in a classic 'good cop / bad cop' number. [05:25]
nubbins` don't get me wrong, they'll fuck ya raw all kinds of ways for a buck [05:26]
herbijudlestoids after a rigorous discussion on bitcoin, i always top it off with a quick [05:27]
herbijudlestoids .bait [05:27]
ozbot http://31.media.tumblr.com/tumblr_mas3ygVSjO1qeoz8ro1_1280.jpg [05:27]
nubbins` but i don't think there's enough to gain from blocking all unsigned apps for them to risk it [05:27]
decimation Ascii, have you considered that the insecurity of MS (and apple) crapware now justifies the Pentagon's budgets? [05:27]
asciilifeform decimation: i get to consider this every day, for money. [05:28]
assbot [MPEX] [S.MPOE] 13500 @ 0.00090052 = 12.157 BTC [-] [05:28]
nubbins` heh [05:28]
decimation For the amount of money the USG shovels into the beltway bandits, we could have your princely secure terminals [05:29]
asciilifeform ms turned the 'email virus' from an urban legend into reality, single-handed. [05:29]
Apocalyptic herbijudlestoids, so you guys are done ? [05:29]
herbijudlestoids im baitin arent i? [05:29]
asciilifeform the software 'industry' has the memory of an alzheimer's patient. it's like the '90s never happened. [05:30]
nubbins` the number of lost hours alone spent making websites work with ie6 [05:31]
asciilifeform and ms isn't a company in the sense of, say, coca cola (or even the original 'standard oil') - it's a crown monopoly [05:31]
nubbins` (and 7, 8, 9) [05:31]
asciilifeform if no consumer ever bought a winblows pc in a retail shop again, it would survive in something close to its current size, simply from the government largesse [05:32]
herbijudlestoids asciilifeform: interesting thought, i hear yesterday the UK endorsed ODF for all documents in the future [05:32]
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nubbins` "we can't open this, can you send it in .doc?" [05:33]
Apocalyptic better send it as niggers.txt [05:33]
asciilifeform the real one? [05:33]
asciilifeform or the ms 'embrace and extend'ed turd [05:33]
nubbins` odf 3.11 [05:33]
herbijudlestoids they just spec ODF [05:33]
herbijudlestoids so i guess real one [05:34]
KRS1 .bait [05:36]
ozbot http://24.media.tumblr.com/f9beca3d51fae9d5dc21e04e6af4d781/tumblr_movloedp6C1ssfdiao1_1280.jpg [05:36]
KRS1 rawr [05:36]
decimation I guess when peasants buy computers, peasant computing is what we get [05:36]
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assbot [MPEX] [S.MPOE] 8300 @ 0.00090039 = 7.4732 BTC [-] {2} [05:45]
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Apocalyptic [03:33:34] in practice, it's gone. // is it ? [05:51]
mircea_popescu for people who were curious : http://trilema.com/2014/no-argument/ the discussion [05:52]
mircea_popescu TomServo ^ [05:52]
herbijudlestoids haha i got a little lost in the post where you offered 10BTC to the guy to put a sharpie in his butt [05:53]
mircea_popescu herbijudlestoids you found your way to where i used that same sharpie to rape something awful ? [05:54]
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herbijudlestoids newp, reading the "I can't even" now lol [05:55]
herbijudlestoids this sentence "Right that, right there, even if she spent the entire interval nude, made soap out of her own sebum and ate food stampsvi you would not be able to cover cost." ...i feel like....i love this sentence [05:55]
mircea_popescu yw. [05:55]
assbot [MPEX] [S.MPOE] 2300 @ 0.00090024 = 2.0706 BTC [-] [05:57]
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assbot [MPEX] [S.MPOE] 7300 @ 0.00089963 = 6.5673 BTC [-] {2} [06:03]
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decimation I like the shout-out to "ham radio" [06:04]
asciilifeform re: the btcapocalypse: still seems to me like it would be wise to invent the parachute before, rather than after, being pushed out of the plane. [06:05]
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herbijudlestoids asciilifeform: pls explain for retards [06:06]
asciilifeform would help to get the 'ham radio' / mesh network / btc-over-pigeon system now, rather than when it becomes the only possible means of running the network. [06:07]
assbot [MPEX] [S.MPOE] 17574 @ 0.00090052 = 15.8257 BTC [+] [06:07]
mircea_popescu asciilifeform the one critique i have to this is that should it be invented afore, it'll then necessarily be known afore. this is perhaps unideal. bitcoin was invented before or after ? does it work because it was invented after ? would it have, were it invented before ? [06:07]
decimation indeed, that sounds quite fun [06:07]
herbijudlestoids asciilifeform: i agree with the idea of building the infrastructure so that it doesnt necessarily need the internet [06:07]
mircea_popescu admitting you agree the parachute moment was at the latest nixon [06:08]
assbot [MPEX] [S.MPOE] 326 @ 0.00090194 = 0.294 BTC [+] [06:08]
asciilifeform my argument isn't even that 'the great anti-btc firewall of earth' is coming, but that modern telecom is an extremely fragile beast [06:08]
mircea_popescu restructured like that i have nothing. [06:09]
asciilifeform mesh net is surprisingly easy, but largely non-existent because there is very little commercial incentive [06:11]
asciilifeform (actually, strong incentive in the other direction) [06:11]
herbijudlestoids there is a couple of interesting mesh options happening [06:11]
herbijudlestoids the obvious ones everyone knows about [06:11]
herbijudlestoids but also gnunet has some support for the concept, including the ability to inject packets directly onto a WLAN device without need any existing network [06:11]
asciilifeform even ignoring various 'license-free' radio bands, you can easily send bits to everyone on your side of your mains power step-down transformer [06:12]
decimation http://www.wired.com/threatlevel/2011/01/egypt-isp-shutdown/ [06:12]
ozbot Egypt Shut Down Its Net With a Series of Phone Calls | Threat Level | Wired.com [06:12]
decimation ?There are a handful of big providers you would need to coordinate with and they are all licensees of the state telecom, so they are all beholden to the Telecommunication Regulatory Authority, so your license is dependent on following the rules,? Labovitz said. [06:12]
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asciilifeform anyone interested in the subject would do well to understand the basic principles of 'spread spectrum' [06:13]
herbijudlestoids i would bet on this for mesh: http://en.wikipedia.org/wiki/GNUnet [06:13]
herbijudlestoids new version out recently for 30c3 [06:13]
asciilifeform where, in principle, one can radiate sufficiently little at any given point of spectrum to make classical triangulation virtually impossible [06:13]
herbijudlestoids mesh adoption is sort of like bitcoin adoptoin tho [06:13]
herbijudlestoids how do you convince everyone to run a client, and in the end most "consumers" run it from the cloud anyway [06:14]
asciilifeform since this would have to be a piece of physical hardware, the only solution afaik is to manufacture a tremendous number of widgets and give them away. [06:14]
herbijudlestoids oooo [06:14]
herbijudlestoids thats an interesting idea. [06:14]
assbot [MPEX] [S.MPOE] 6550 @ 0.00090194 = 5.9077 BTC [+] [06:15]
asciilifeform bonus points if you can engineer the net to make operating a node a profitable affair, like btc mining [06:15]
herbijudlestoids theres one like that, tornet [06:16]
herbijudlestoids i mentioned it to those bitcloud cunts but they didnt care [06:16]
herbijudlestoids too busy hyping [06:16]
asciilifeform in fact, now that i think of it, btc is the missing puzzle piece in the ancient problem of bootstrapping a global radio mesh. [06:16]
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herbijudlestoids admittedly i dunno how mature the code is or what. https://github.com/bytemaster/tornet [06:16]
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Duffer1 S.NSA's next project ascii? :P [06:17]
asciilifeform no, just idle wankery [06:17]
herbijudlestoids .bait [06:17]
ozbot http://24.media.tumblr.com/fea5bcb598057af6a03fea1481a8ade8/tumblr_modk7pS59M1r71nhmo1_500.jpg [06:17]
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mircea_popescu asciilifeform> in fact, now that i think of it, btc is the missing puzzle piece in the ancient problem of bootstrapping a global radio mesh. << /me grins [06:21]
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mircea_popescu btc is in fact the missing piece in the ancient problem of bootstrapping everything of this sort. [06:22]
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jayk ;o [06:24]
kakobrekla even the parachute. [06:24]
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mircea_popescu fun fact : parasuta is, in romanian, yet another word for whore. [06:25]
herbijudlestoids do romanians have lots of words for whore? [06:26]
mircea_popescu possibly the most. [06:26]
herbijudlestoids wow they do. [06:26]
herbijudlestoids but your one isnt on there [06:27]
herbijudlestoids http://translate.google.com/#auto/ro/whore [06:27]
mircea_popescu petarda (ie, firecracker) ; zdreanta (used scrap of cloth) ; there's prolly 100+ [06:27]
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herbijudlestoids ah right you include colloquialisms [06:27]
mircea_popescu all romanian is one huge colloquialism [06:27]
mircea_popescu lele actually wouldn't be recognised as such. it's a disused word and most speakers would only take it as an antiquated form for older sister/girlfriend [06:28]
mircea_popescu dama either, it roughly covers the us "dame" [06:28]
herbijudlestoids yeah you can see the little bar next to it shows google isnt as sure as for the other words [06:28]
mircea_popescu jesus google is shitty, there's a conjunctive verbal form there, definitely can't work as a noun nor does it mean whore. [06:28]
mircea_popescu a yeah. [06:29]
mircea_popescu wait, drab means whore in english ?! [06:29]
herbijudlestoids probly the entire thing is done by machine learning and no validation ;) [06:30]
herbijudlestoids so to the machine, somehow drab is somewhere on the synonym chain for whore [06:30]
mircea_popescu no, it does. wonder of wonders. [06:30]
mircea_popescu hey kakobrekla : it's not just slovenly, it's also slatternly! [06:30]
mircea_popescu does slatterna exist somewhere around / [06:31]
herbijudlestoids haha slatterna is a place in sweden [06:31]
herbijudlestoids ho ho ho i wonder [06:31]
mircea_popescu ;;google trilema poftiti la muie [06:32]
gribble No matches found. [06:32]
mircea_popescu eh come on. [06:32]
mircea_popescu btw herbijudlestoids do yourself a favour get in the wot today. [06:34]
herbijudlestoids im in it, do you mean identify myself? [06:34]
mircea_popescu o you are ? ok then. [06:34]
mircea_popescu noobs usually don't figure it out/need prodding. [06:35]
herbijudlestoids vexual and bingoboingo told me to go on i tthe other day [06:35]
herbijudlestoids i signed up because i do what im told! [06:35]
mircea_popescu good for you [06:35]
herbijudlestoids but nobody will rate me, so i cant rate bingoboingo as a 10 based on his sexual attractiveness [06:35]
mircea_popescu o you know those two drunks ?! [06:35]
herbijudlestoids i do not know them specifically except in their capacity as people i also briefly spoke to on this chan :P vex at least lives in same country and likes similar music [06:36]
Duffer1 i suspect at least one of his buttcoins is actually him... [06:36]
mircea_popescu well... at least i presume vexual drinks. tho it could be any number of things :D [06:36]
herbijudlestoids whats the point of being on the WoT? dont i need to transact to get rating? i dont plan on transacting :P [06:37]
herbijudlestoids well not soon anyway [06:37]
Duffer1 even if you don't transact you're still learning the right habits [06:38]
mircea_popescu the point is that if anyone needs to figure out wtf you're up to they know who to ask [06:38]
Duffer1 gpg is useful knowledge [06:38]
mircea_popescu ie, the people they know that rated you [06:38]
herbijudlestoids yeah i knew gpg and stopped using it when they invented OTR [06:38]
mircea_popescu otr is a diff usecase. [06:38]
herbijudlestoids literally had to create a new key cos i forgot my password [06:38]
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herbijudlestoids well, it wasnt for me obviously ;) [06:39]
mircea_popescu lol [06:39]
herbijudlestoids i think i have not signed or encrypted anything with a GPG key in years [06:39]
mircea_popescu otr ensures you that your messages can only be read at one point on the network, and that once the conversation is ended anyone could have written it. [06:39]
mircea_popescu gpg keeps the content of the conversation secret. [06:39]
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herbijudlestoids let me explain: i used to conduct various communications using GPG over email. now i use a combination of tails, i2p and pidgin+OTR or i2pmessenger+OTR [06:40]
herbijudlestoids thats why i stopped using GPG [06:41]
mircea_popescu was i2p strong ? i don't even remember [06:42]
herbijudlestoids strong enough for my purposes [06:42]
herbijudlestoids i was a user back when it was just iip over irc so i guess iv got a softspot for it [06:42]
mircea_popescu o look, they got .i2p [06:42]
mircea_popescu hey, did namecoin end up stealing THEIR code ? [06:43]
herbijudlestoids what do you mean? afaik .i2p is not a globally resolvable namespace [06:43]
herbijudlestoids its just like a hostsfile except called addressbook [06:43]
mircea_popescu you know there's a coin that basically does dns [06:44]
mircea_popescu sort-of [06:44]
herbijudlestoids are you talking of namecoin? [06:44]
herbijudlestoids personally i prefer implementations like the GNUnet Name System (GNS) [06:44]
mircea_popescu yeah. [06:44]
herbijudlestoids but dont have much requirement for globally resolvable namespace in darknets anyway [06:45]
herbijudlestoids (personally) [06:45]
herbijudlestoids i thought there was some flaw discovered in namecoin that killed adoption [06:45]
mircea_popescu not afaik [06:45]
kakobrekla you cant kill something that isnt there [06:45]
herbijudlestoids http://www.coindesk.com/namecoin-flaw-patch-needed/ [06:45]
herbijudlestoids is that article incorrect? [06:47]
mircea_popescu a, no. it's just more recent than i've been paying attention. [06:47]
Apocalyptic it's been resolved since [06:47]
mircea_popescu i have more like a 6 months span on stuff that far on the periphery [06:48]
herbijudlestoids Apocalyptic: o so patched and all good again? [06:48]
Apocalyptic yup [06:48]
herbijudlestoids maybe i should convert my 0.02BTC into NMC and buy mpex.bit [06:48]
herbijudlestoids just to piss off mircea_popescu [06:48]
herbijudlestoids :D [06:49]
mircea_popescu lol save it for when you run into teh trilema paywal [06:49]
Apocalyptic then sell it for 100btc [06:49]
mircea_popescu lol there's going to be the piss-mp-off gem on the fgorum, people buying it from each other on the grounds that any day now it'll piss me off [06:50]
Apocalyptic lol, someone registered impex.bit, but mpex.bit is still free [06:50]
Duffer1 mpex.bit the latest fuffle [06:51]
Apocalyptic get it while it's hot [06:52]
assbot [MPEX] [S.MPOE] 15498 @ 0.00090315 = 13.997 BTC [+] {3} [06:52]
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assbot [HAVELOCK] [PETA] 5 @ 0.04998999 = 0.2499 BTC [+] [06:53]
herbijudlestoids seems cheap for domains [06:54]
herbijudlestoids 0.01NMC, you could register every word in the english dictionary for not much NMC [06:54]
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herbijudlestoids compared to how much itd cost to get the equivalent .coms [06:55]
Duffer1 seems like an interesting way to attack the coin [06:55]
Duffer1 buy the dictionary [06:55]
mircea_popescu wasn't there some sort of limit in place ? [06:55]
Duffer1 oh no idea [06:56]
Apocalyptic not afaik mircea_popescu [06:56]
Apocalyptic and how would you enforce such a limit ? [06:56]
assbot [HAVELOCK] [PETA] 11 @ 0.04999813 = 0.55 BTC [+] {2} [06:56]
mircea_popescu Since domains are extremely cheap to obtain with Namecoin, and registered domains cannot be seized (they can only be transferred by their owner), Namecoin has had problems with cybersquatters buying up domains, hoping to resell them later for a profi [06:57]
mircea_popescu seems the dictionary's already bought, pretty much. [06:58]
Duffer1 that's unfortunate [06:59]
Duffer1 i can't imagine how they'd solve that issue [06:59]
Duffer1 other than by making domains unrealistically expensive [06:59]
mircea_popescu there's no good solutions to thisproblem. [07:00]
Apocalyptic ^ [07:00]
decimation https://www.grc.com/sn/sn-439.txt [07:01]
decimation Ziff-Davis did some research using some of the bitcoin chain tracking software, tracing four addresses which were used and were determined from multiple CryptoLocker victims who, after paying their money, made public the address that they had sent payment to. The CryptoLocker extortionware acquired a total of 41, just shy of 42,000 bitcoins, 41,928 bitcoins. [07:01]
mircea_popescu lol is this the nut with the "fix your harddrive spin" nonsense / [07:03]
decimation heh yeah. sorry I couldn't find a better reference. [07:03]
decimation he has a mildly informative podcast which occasionally has interesting tidbits [07:03]
mircea_popescu anyway, this seems dubious on the face. [07:03]
mircea_popescu dudes had to pay what, 2btc each ? [07:04]
mircea_popescu if they get the 42k value by looking at which addresses those 2 btc were spent [07:04]
herbijudlestoids yea 2 for the first version and then less for v2 [07:04]
decimation They dropped it to 0.3 btc [07:04]
mircea_popescu they're 99% certain looking at some exchange hotwallet. [07:04]
herbijudlestoids steve gibson lol [07:04]
herbijudlestoids didnt cryptome shit all over him years ago? [07:04]
decimation Certainly whoever wrote that virus wouldn't be dumb enough to use unique addresses? [07:05]
mircea_popescu who didint ? lol [07:05]
mircea_popescu decimation i never read it, dunno. [07:05]
mircea_popescu anyay, this has been enough excitement for one day. take care all! [07:05]
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herbijudlestoids byes [07:06]
* Now talking on #bitcoin-assets [14:58]
* 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 [14:58]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 [14:58]
assbot [HAVELOCK] [DEALCO] [PAID] 5.00000000 BTC to 50`000 shares, 10000 satoshi per share [15:00]
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assbot [MPEX] [S.MPOE] 3025 @ 0.0009161 = 2.7712 BTC [+] [15:06]
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assbot [HAVELOCK] [DEALCO] 95 @ 0.00429 = 0.4076 BTC [+] [15:10]
mircea_popescu http://bitbet.us/bet/745/fico-will-be-elected-president-of-slovakia/ [15:13]
ozbot BitBet - Fico will be elected President of Slovakia [15:13]
mircea_popescu lol check out the slovaks having fun [15:13]
mircea_popescu and we didn't even know the city exists! [15:13]
assbot [MPEX] [S.MPOE] 16519 @ 0.00091246 = 15.0729 BTC [-] {4} [15:15]
assbot [HAVELOCK] [AM1] 4 @ 0.63749999 = 2.55 BTC [-] {3} [15:16]
jurov city? [15:19]
mircea_popescu hm ? [15:19]
assbot [HAVELOCK] [AM1] 2 @ 0.64789999 = 1.2958 BTC [+] {2} [15:19]
KRS1 https://mtgox.zendesk.com/entries/26501000-Statement-Regarding-BTC-Withdrawal-Delays [15:19]
KRS1 0 people found this useful [15:19]
ozbot Statement Regarding BTC Withdrawal Delays : Support Desk [15:19]
jurov and we didn't even know the city exists! << which city you mean? [15:20]
KRS1 I personally did not find it useful. There were not pictures of clowns or anything colorful on that pr. [15:20]
assbot [MPEX] [S.MPOE] 5124 @ 0.00090967 = 4.6611 BTC [-] [15:20]
mircea_popescu slovakia! [15:20]
truffles lol [15:20]
mircea_popescu KRS1 well that may have something to do with 0 people using mtgox you know. [15:20]
KRS1 They need more clowns. [15:21]
mircea_popescu truffles whatcha lolling at ? here's a fun fact : Slovakia : 18,933 sq miles (49,036 km²) ; LA : 33,954 sq mi (87,490 km2) [15:22]
mircea_popescu just because most of their city is undeveloped doesn't mean it's not a city now :D [15:22]
jurov ah yes. we have a joke about this [15:22]
jurov fico comes to china (he likes to go there) and they ask him: how many slovaks there are? [15:23]
jurov "5 million" [15:23]
mircea_popescu wow omfg this is a romanian joke! [15:23]
jurov "And in which hotel do you stay?" [15:23]
mircea_popescu hahaah [15:23]
truffles i laugh with u mp [15:23]
mircea_popescu ok, check out the romanian variant : [15:23]
mircea_popescu there's this ethnic group in romania, living in Oltenia (the south west), called olteni. they have a reputation of being sorta hillbilly-ish. [15:24]
mircea_popescu so, one day these guys (about 2mn total) declare war to china. [15:24]
mircea_popescu the chinese are kind-of shocked, spend about a week trying to find large enouygh maps so this Oltenia is shiwn on them [15:25]
mircea_popescu eventualy they discover it's a province of Romania and not even autonomous, so they tell their ambassador at Bucharest to go on a trip to Caracal and see what in the fuck. [15:25]
mircea_popescu "Hello nice people. Did you send us a declaration of war ?!" [15:25]
mircea_popescu "Yes we did." [15:25]
mircea_popescu "But why ?!" [15:25]
mircea_popescu "None of your business" [15:25]
mircea_popescu "But do you realise the great nation of Han is over a billion strong ? That the US falls over itself to do whatever we tell them to ? That we can call under arms about a quarter billion people within two weeks ?" [15:26]
mircea_popescu at which point the local troop is taken aback and they turn around to speak among themselves [15:26]
mircea_popescu "Hmm... so many chinese... where the fuck do we burry them all ?!" [15:27]
truffles so interesting [15:27]
jurov heh [15:27]
mircea_popescu happens to be one of my favourite jokes :D [15:27]
mircea_popescu tho i guess it's an aquired taste. [15:27]
mircea_popescu but don't worry, i'll tell it again so it becomes funny. [15:28]
mircea_popescu here goes : [15:28]
wao-ender :D [15:28]
truffles look at u acknowledging differences [15:28]
truffles next ull be understanding what sarcasm is hmmm [15:29]
chetty http://www.bloomberg.com/news/2014-01-30/visa-s-scharf-says-traditional-payment-networks-trump-bitcoin.html?cmpid=yhoo [15:29]
KRS1 Once the 3 quarter billion chinese are armed they should take out their communist government for a shot at some freedom. [15:29]
mircea_popescu http://www.myfoxny.com/story/24588158/argentines-jockey-to-cope-with-economic-turmoil [15:30]
mircea_popescu "We don't trust anything anymore. Not even the banking institutions," Partcha said. "I had saved in dollars, and when the banks froze deposits in 2001, I got pesos back and lost my money." [15:30]
mircea_popescu KRS1 they really don't seem to want to. [15:30]
mircea_popescu they seem more inclined to take out the us socialist government. [15:30]
mircea_popescu chetty yeah we lolled all about it yest. [15:30]
jurov well, slovak (and i think other) policemen have similar problem, too [15:33]
jurov one comes home and wife tells him [15:34]
jurov honey, i have a good message [15:34]
jurov i'm pregnant, we'll have 5th child [15:34]
jurov he replies: nooooooooooooo [15:34]
jurov every 4th child is chinese! [15:35]
jurov *5th [15:35]
mircea_popescu ahaha [15:35]
mircea_popescu so i take it slovak policemen go around in pairs because one can read, one can write, too, right ? [15:35]
jurov yes [15:35]
mircea_popescu turns out the slovaks invented all teh romanian jokes :D [15:36]
wao-ender :D [15:36]
wao-ender oh, that one is fav [15:36]
jurov it has alternate point [15:37]
jurov "Because one never knows." [15:37]
mircea_popescu lol [15:37]
mircea_popescu that one doesn't gramatically work in romanian. [15:37]
mircea_popescu how do you say it in slovak ? [15:37]
jurov Jeden nikdy nevie. [15:38]
mircea_popescu jeden being one ? [15:38]
jurov yes [15:38]
mircea_popescu what's den ? [15:38]
jurov den is day but that's unrelated [15:38]
mircea_popescu how do you say "i drink" ? [15:38]
jurov ja pijem [15:38]
mircea_popescu how do you say "she drinks me" ? [15:38]
truffles 0.0 [15:39]
mircea_popescu what, it's a transitive verb. [15:39]
jurov depends [15:39]
jurov ona ma pije [15:39]
mircea_popescu haha. depends. ok, how do you say "she drinks my drink" ? [15:39]
jurov but if you were to say she goes on my nerves, then [15:39]
jurov ona mi pije krv [15:39]
jurov she is drinking my blood [15:40]
mircea_popescu ja ma mi, so jenen is in fact "one". romanian doesn't have it. there's cineva = somebody, but there's no "one" as an impersonal Is person. [15:40]
jurov it's any impersonal person, not just 1st [15:41]
mircea_popescu myeah. [15:41]
mircea_popescu jeden nikdy nevie = nu se stie niciodata. a sti, to know, se stie is roughly the subjonctive. so the function is done by the verb rather than by a pronoun. [15:42]
Neil subjonctive: Is that franglais or sthg? [15:43]
mircea_popescu it's a mood, comes from latin [15:43]
Neil Cross between subjonctif and subjunctive. :) [15:43]
mircea_popescu english has it, very a ok, subjunctive then. [15:43]
Neil If I were you etc. not if I was you [15:43]
truffles if i was yous [15:44]
Neil Much more prevalent in French than English [15:44]
mircea_popescu yeah. english has it but it's mostly... unknown so to speak. [15:44]
KRS1 instead of learning slovakian, might want to start learning chinese [15:44]
truffles or english :D [15:44]
mircea_popescu i've yet to meet a sexy chinese woman. [15:44]
KRS1 wut [15:44]
mircea_popescu srs. [15:45]
KRS1 I have one for you, then tell me. [15:45]
Neil mircea_popescu: Dude. [15:45]
mircea_popescu what can i tell you! [15:45]
truffles millions of chinese, not one hot hmm [15:45]
KRS1 Mayne she's not 100% chinese, I shall summon her. [15:45]
mircea_popescu i don't go for the entire "hello my face is a pancake" thing [15:45]
KRS1 HAHA [15:45]
jurov KRS1: i agree, though, you can talk russian at suprising number of places [15:45]
Neil pancake? I think you have the wrong nationality [15:45]
mircea_popescu jurov the structure seems pretty russian really. [15:46]
truffles ignorance is bliss [15:46]
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mircea_popescu neil compare and contrast : http://i.telegraph.co.uk/multimedia/archive/02650/xian_2650754b.jpg http://1.bp.blogspot.com/-z1At_HUDfFI/UAYQ0yqTDuI/AAAAAAAAA2E/eKX426QljfU/s400/Tea_Leoni%2BJune_2005.jpg [15:46]
Neil Wow how tf did you pull that up in 10 secs [15:47]
mircea_popescu i have ppls working for me, [15:47]
mircea_popescu and i make them do the stupidest shit [15:47]
truffles lol [15:47]
truffles sweet life [15:47]
mircea_popescu i think entire retirements will consist of strictly cataloguing the insanity that went on back in this day. [15:48]
Neil Koreans have noticeably "flat" faces but not Chinese. I've met plenty hot Chinese women and I live in Japan. Maybe you should move to Asia :) [15:48]
assbot [MPEX] [S.MPOE] 8140 @ 0.00091695 = 7.464 BTC [+] [15:48]
mircea_popescu well sure. i don't propose the chinese are racially ugly. [15:48]
mircea_popescu i'm just sayin', ive not met the good ones. [15:49]
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KRS1 mircea_popescu: I feel the same way you do on that. The bitch in this video is an exception I think. [15:49]
KRS1 Behold, your chinese dream woman. [15:50]
KRS1 http://www.youtube.com/watch?v=vldh7oQD-a4 [15:50]
ozbot George Michael - I Want Your Sex (Stereo Version) - YouTube [15:50]
KRS1 3:15 ftw [15:50]
truffles good song! [15:50]
mircea_popescu "This video contains content from VEVO. It is restricted from playback on certain sites." [15:51]
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Neil Some Chinese gals are really good fun. Don't take life too seriously. [15:51]
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KRS1 f'n a truffles.. He killed it in the 80's with that album, and other hits. [15:51]
mircea_popescu see, vevo ruins my sex prospects. [15:51]
truffles yea [15:51]
mircea_popescu anyway, lunch. love you all. [15:51]
truffles http://www.youtube.com/watch?v=r3AP26ywQsQ [15:51]
ozbot George Michael - I Want Your Sex - YouTube [15:51]
ThickAsThieves i dont think that girl is chinese [15:51]
KRS1 <3 [15:51]
KRS1 ThickAsThieves, I was wondering..maybe she's a jap. I can never tell the difference with those people. [15:51]
pankkake well, there's a difference. chinese=ugly, japanese=beautiful [15:52]
Neil 80% of time Japanese / Chinese difference is clear. The 20% is a bitch. [15:52]
pankkake koreans in between [15:52]
truffles 0,0 [15:52]
KRS1 pankkake: hmm..interesting. I need to look into this. [15:52]
pankkake of course I'm trolly with the ugly/beautiful, but there is a certain truth to it :) [15:53]
Neil It's obvious 1 second after they start talking :) [15:53]
truffles which one is plastic surgery central [15:53]
pankkake korea [15:53]
truffles right [15:53]
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truffles i couldnt tell if woman was chinese, id lean towards no [15:54]
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Neil Since when was Antonopoulos pronounced Antonopolis? [15:56]
assbot [HAVELOCK] [CBTC] 3382 @ 0.00008885 = 0.3005 BTC [+] {2} [15:56]
ThickAsThieves she's Chinese! [16:00]
ThickAsThieves http://www.fanpix.net/gallery/kathy-jeung-pictures.htm [16:00]
truffles pity the lemmings couldnt google hot chinese :D [16:01]
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ThickAsThieves althought i do find her weird looking [16:01]
ThickAsThieves although* [16:01]
ThickAsThieves elongated face [16:01]
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nubbins` hi [16:03]
Mats_cd03 .bait [16:03]
ozbot http://31.media.tumblr.com/tumblr_m80ezfEgEb1rbt81ko1_500.jpg [16:03]
Mats_cd03 .bait [16:04]
ozbot http://31.media.tumblr.com/tumblr_m9aio86YYf1qzqz2xo1_500.jpg [16:04]
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assbot [MPEX] [S.MPOE] 11000 @ 0.00091661 = 10.0827 BTC [-] [16:12]
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assbot [HAVELOCK] [DEALCO] 25 @ 0.0043 = 0.1075 BTC [+] [16:23]
assbot [HAVELOCK] [NEOBEE] 50 @ 0.00275146 = 0.1376 BTC [-] {5} [16:25]
assbot [HAVELOCK] [AM1] 2 @ 0.6145005 = 1.229 BTC [-] {2} [16:26]
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mircea_popescu http://i.imgur.com/AH4tzPc.gif [16:55]
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Duffer1 bitcointalk.org when MPOE-PR isn't around? [16:56]
jborkl Mircea_popescu, Romania still frozen over? [16:56]
assbot [HAVELOCK] [AM1] 1 @ 0.61050001 BTC [-] [16:56]
mircea_popescu jborkl it never was ? got a light coat, mebbe two inches [16:57]
mircea_popescu Duffer1 lol [16:57]
assbot [HAVELOCK] [AM1] 1 @ 0.6105 BTC [-] [16:57]
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assbot [HAVELOCK] [AM1] 1 @ 0.61020507 BTC [-] [16:58]
jborkl Oh , the news said Romania was in a deep freeze stopping the whole country [16:58]
jborkl Typical news eh [16:59]
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mircea_popescu i can take a shot out the window if you want, but basically it just snowed enough to be cute [16:59]
mircea_popescu then again, im in the part of romania where the fig tree grows wild. [17:00]
ThickAsThieves must be reporters from Atlanta [17:00]
mircea_popescu they probably had some snow around the carpathians bend, but hey. [17:00]
mircea_popescu they do every year. [17:00]
mircea_popescu once i fell with my car into the snow, had to have it pulled out my a military truck [17:01]
devthedev Hey mircea_popescu [17:01]
mircea_popescu ello [17:01]
jborkl I figured the news was wrong again, just interested to see how wrong :) [17:02]
mircea_popescu gotta "make it newsworthy" huh. the conspiracy of government and press. [17:02]
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devthedev Nice to finally meet you mircea_popescu :P [17:04]
mircea_popescu haha cool. [17:04]
jborkl Yeah, Romania had 1 inch of snow doesn't have the same rung [17:04]
jborkl Ring [17:04]
devthedev I avoid the snow, I live in FL. lol [17:04]
assbot [HAVELOCK] [CBTC] 16621 @ 0.0000907 = 1.5075 BTC [+] {7} [17:06]
mircea_popescu During the Spanish colonization of the Americas, the giant anteater was one of many native fauna taken to Europe for display. At first, Europeans believed all anteaters were female and mated with their noses. [17:06]
mircea_popescu there is nothing common about common sense. [17:06]
assbot [HAVELOCK] [CFIG] 10 @ 0.07500001 = 0.75 BTC [-] {3} [17:11]
lippoper ozbot!! [17:11]
lippoper .bait [17:11]
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assbot [MPEX] [S.MPOE] 1900 @ 0.00091661 = 1.7416 BTC [-] [17:13]
ThickAsThieves .d [17:13]
ozbot 2193847870.17428 | Next Diff in 858 blocks | Estimated Change: 13.6964% in 5d 3h 21m 44s [17:13]
ThickAsThieves ;;estimate [17:13]
gribble Next difficulty estimate | 2495218979.32 based on data since last change | 2588184152.17 based on data for last three days [17:13]
mircea_popescu apparently slovakia has a "Ordinary People and Independent Personalities" party. [17:15]
mircea_popescu that thing would so rock in the us... [17:15]
mircea_popescu everyone's an ordinary peopl and independent personality there. [17:15]
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jurov oh, in every elections there's such crazy party [17:16]
jurov we had "Alliance of New Citizen" [17:16]
jurov "Party of Citizens' mutual understanding" [17:17]
jurov Freedom and Solidarity" [17:17]
jurov each of these actually got few MPs [17:18]
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mircea_popescu what does it take for a mp seat, like 50k votes ? [17:18]
jurov yes, 5% of whatever many people come to vote [17:18]
mircea_popescu whoa [17:18]
mircea_popescu so like 12k ? [17:18]
jurov maybe [17:19]
mircea_popescu so start a faucet, become an mp. [17:19]
jurov even Fico's party is called "Direction - Social Democracy" [17:19]
Azelphur hahaha mp on bitcoin foundation [17:19]
Azelphur I'd vote for that [17:19]
mircea_popescu im not even kidding jurov. you absolutely should think seriously about it. [17:19]
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mircea_popescu Slovak Bitcoin Party. [17:20]
jurov yes, i did think, easy way to get immunity from law [17:20]
mircea_popescu that's not even it. [17:20]
assbot [MPEX] [S.MPOE] 2800 @ 0.00091216 = 2.554 BTC [-] [17:20]
jurov if the time comes... [17:20]
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mircea_popescu easy way to be fucking sensible, to counterbalance all the idiots speaking for bitcoin as if they had a clue [17:20]
mircea_popescu don't wait for "the time to come". [17:20]
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mircea_popescu you got four years till the next elections and more dough than any other candidate. [17:20]
jurov wao-ender: ^^ do you read this? [17:20]
mircea_popescu you're ideally placed, make your move. [17:21]
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wao-ender vot [17:21]
jurov the problem is, it's very hard to get activists with half a brain here [17:21]
mircea_popescu so get activists with a full brain. [17:21]
wao-ender hmm [17:21]
mircea_popescu what do you do this summer ? [17:21]
mircea_popescu tour the fucking city, talk to everyone. [17:21]
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mircea_popescu you can bloody well walk all of slovenia in a summer. [17:22]
jurov i was involved in support of disabled people .. never again [17:22]
mircea_popescu forget "being involved". do. as in, for yourself, properly. [17:22]
jurov that was for myself, too. the stupidity was the problem [17:23]
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wao-ender so, we are going setup party? [17:23]
mircea_popescu this is definitely the best opportunity for anything like that you'll have [17:23]
wao-ender 4 yo is plenty of time [17:23]
mircea_popescu bitcoin appeals to intelligent, young, educated people. [17:23]
wao-ender ^ ^ ^ yes. [17:23]
jurov nah, they went out long ago [17:23]
mircea_popescu hit it before some other fuckwit piggybacks on the name without any credential or a clue. [17:23]
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wao-ender but, our market is well timed for that, in Czech, there are people try be supportive for Pirate parties.. [17:24]
jurov everythin *will* end up on my back [17:24]
wao-ender bitcoin party is just one step ahead [17:24]
mircea_popescu because by 2018 it will be all "hello I'm Herp McDerp, I have 0.059876 btc in a webwallet, let me tell you all about Bitcoin" [17:24]
wao-ender :D [17:24]
jurov wao-ender: you know what crakpots attend progressbar [17:24]
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wao-ender jurov: right, we rejected them [17:24]
jurov you'd have to deal with them [17:24]
jurov even rejection is dealing [17:25]
wao-ender they want used us in their politics program, like setup first PR at our space, tricksters. [17:25]
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mircea_popescu wao-ender just negotiate with people. "o, you want to use us ? fine, but you must be naked while doing it" "o, you don't want to do naked pr ? ok, what else can you offer" [17:26]
mircea_popescu soon enough people come into line. [17:26]
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wao-ender :D [17:26]
wao-ender yeah, that's how I selling bitcoins [17:26]
mircea_popescu lol [17:26]
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wao-ender I just setup high price, when one is in the emergency, it will sell somehow.. [17:26]
jurov there the situation is clear [17:27]
jurov but in politics, someone often comes to help [17:27]
jurov and them messes everything beyond repair [17:27]
wao-ender mircea_popescu: but, I will think about it, politics in our countyr will be open for new parties in year or next year after [17:27]
mircea_popescu so don't give them access to anything that's more dangerous than they're trustworthy. [17:27]
wao-ender mircea_popescu: because that Fico's party (SMER-SD) will loose it's managment when he moves to the president position afaik [17:28]
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mircea_popescu wao-ender nothing comes of those who think about things, in my experience. [17:28]
jurov wao-ender: if you do know such trustworthy people, then i'll think about it [17:28]
jurov because i don't except for you [17:28]
wao-ender .. when I knew, he is second time premier, I knew best exit from politics is to be just two times president in a row. [17:28]
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mircea_popescu or more properly said : you gotta think from the perspective "i am doing this, let me think how" rather than from the perspective "let me think if i will do this" [17:29]
mircea_popescu that latter approach never goes anywhere. [17:29]
wao-ender jurov: when this aim will be announced, I think some new comers will reveal from other circles [17:29]
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jurov yes, that's what i'm talking about [17:30]
jurov what do you do with them? you can't give them any responsibility [17:30]
mircea_popescu you always can give someone responsibility. just tailor it. [17:31]
wao-ender oh, you need treat them like they are special in some way, in positive sense [17:31]
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mircea_popescu make them copy down your party programme by hand for a week. [17:31]
jurov fuck i could have been a star of hearing disability HGO, run for MP, etc. I really was in national TV 2 times. [17:31]
mircea_popescu that's a responsibility. [17:31]
jurov *NGO [17:31]
wao-ender and not giving them full permissions, just little of them. They will just show you how they can manage responsibility with that little permissions [17:31]
mircea_popescu ^ [17:31]
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mircea_popescu exactly like computers work. [17:31]
jurov then i found I dont; really have any support, just backstabbing [17:32]
mircea_popescu you're too emotional. [17:32]
jurov yes i know [17:32]
mircea_popescu who cares about all teh goats in the world. [17:32]
wao-ender and yes, you need to be cold, w/o any emotions at all. [17:32]
jurov often i imagine myself in a public dispute [17:33]
jurov only to realize i'd seriously offend most people involved [17:33]
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mircea_popescu so ? [17:34]
jurov i like to speak too straight [17:34]
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wao-ender oh, diplomatic speech is just all about training and clever words [17:34]
jurov *too emotional [17:34]
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mircea_popescu just as long as you have a point, offending idiots is actually a net positive for you. [17:34]
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mircea_popescu offend away. [17:34]
wao-ender but well, I'm marked as master troll in my circles, is that great way to start? [17:35]
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jurov there are *all* idiots then... usually almost nobody gets my point [17:35]
mircea_popescu then your point needs working on, or perhaps the expression thereof. [17:35]
mircea_popescu jurov just consider this : for all you know i could be deaf and mute. i've never bothered to prop up whatever dumbass conferences they do, where various nobodies gather to pat each other's backs. i still dominate the field. how come ? [17:36]
mircea_popescu apparently this can be done. [17:36]
mircea_popescu way the fuck easier to do in a small country with a coherent culture, too. [17:36]
mircea_popescu just identify your target, tailor your message so it may understood and let it rip. [17:36]
assbot [MPEX] [S.MPOE] 5817 @ 0.00091216 = 5.306 BTC [-] [17:37]
wao-ender it's all about smart moves, not about PR. PR is for me just horizontal voice/notion about person [17:37]
wao-ender ah and yes, that's how social engineering works [17:38]
jurov it needs to be something that forces me to overcome my bad experience with leading people/explaining things to them [17:38]
wao-ender in last years, there are also some well paid marketers called "growth hackers" who are doing this fine :) [17:38]
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mircea_popescu jurov who the fuck cares about your bad experiences. [17:38]
assbot [MPEX] [S.MPOE] 6823 @ 0.00091213 = 6.2235 BTC [-] {2} [17:39]
jurov *shrug* [17:39]
mircea_popescu yeah well see ? you can't become prisoner of your own bad experiences. [17:39]
mircea_popescu way too easy for others to hack you into inactivity, just by controlling that part. [17:40]
mircea_popescu you gotta be above it to be an independent agent. [17:40]
mircea_popescu obviously, easier said than done. but still. [17:40]
wao-ender Oh one thing, to be successful, you just need to be not negative, or passive agressive to someone.. that really sells your person [17:41]
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wao-ender I just readed y'day mpoe-pr aproach to that strip bb, and other members was there like barking wolfes on her. I didnt expect that, well [17:42]
assbot [HAVELOCK] [PETA] 15 @ 0.04999993 = 0.75 BTC [+] {2} [17:42]
assbot [MPEX] [S.MPOE] 5285 @ 0.00091077 = 4.8134 BTC [-] {2} [17:42]
jurov all in all, what reward is there in trying to drag this nation into 21st century? [17:44]
jurov even fags abhor politicians on top of that [17:44]
mircea_popescu no, reward is there in you expressing yourself, and expressing this thing you believe in. [17:44]
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mircea_popescu correctly. [17:44]
wao-ender Well, maybe I have propositions to do this at all [17:45]
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jurov oh, i'm pretty undecided [17:46]
wao-ender wov [17:46]
wao-ender even in romanian wiki is there article about him [17:46]
wao-ender http://ro.wikipedia.org/wiki/Matia_Corvin [17:46]
ozbot Matia Corvin - Wikipedia [17:46]
mircea_popescu ya well, don't let too many opportunities pass you by while you're undecided, or else you'll end up old and bitter. [17:47]
wao-ender He even renamed Bratislava to Istropolis [17:47]
mircea_popescu wao-ender the guy is romanian you know. [17:47]
mircea_popescu born same city i was. [17:47]
wao-ender Oh, nice. I like his way, how he made it. When he was at top of kingdom, he turn on economic and culture bloom [17:48]
wao-ender One of my fav from history [17:48]
mircea_popescu not bad. [17:48]
jurov I like Tomas Bata. And he would not be able to do what he did from politics. [17:49]
wao-ender Bata was decades later, yes [17:49]
wao-ender We're kinda famous for him [17:50]
wao-ender like Bata's prices, .99c [17:50]
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wao-ender but he was kinda emperor that times [17:50]
wao-ender :D [17:50]
jurov heh.. did you know he made an office in the elevator so that his employees would not waste time coimg nd going to him? [17:51]
jurov that building still stands in partizanske [17:51]
mike_c anybody know why some log lines show up blank? [17:51]
michiel_l midnightmagic mikaeldice mike_c mircea_popescu mius mixdio [17:51]
wao-ender yeah, and he had office at each floor, afaik [17:51]
mike_c http://log.bitcoin-assets.com/?date=31-01-2014#469060 [17:51]
ozbot #bitcoin-assets log [17:51]
mircea_popescu mike_c because assbot chokes on some special chars and kako does not want to fix it already! [17:51]
mike_c ah [17:51]
mircea_popescu just do a ereg replace yo! [17:51]
assbot [MPEX] [S.MPOE] 21282 @ 0.00090917 = 19.349 BTC [-] {3} [17:51]
jurov yes, kako fails unicode [17:51]
wao-ender but back to Corvin, he made something really revolutionary. He brings University into Bratislava [17:52]
wao-ender Istropolitana was one of first in Europe, right? [17:52]
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wao-ender btw, our hackerspace is near of Istropolitana :P ( Universitas Istropolitana ) [17:53]
wao-ender ahm just first in Slovakia, whatever, :sad: [17:53]
wao-ender http://en.wikipedia.org/wiki/Universitas_Istropolitana [17:53]
mircea_popescu you know, the first european universities are in the 1200s [17:53]
ozbot Universitas Istropolitana - Wikipedia, the free encyclopedia [17:53]
mircea_popescu even the ottomans had one before 1500 [17:54]
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wao-ender yeah, I reading now about that, fixint my memories [17:54]
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wao-ender heh, really huge battlefiedl for that times http://en.wikipedia.org/wiki/File:The_wars_of_Matthias_Corvinus_of_Hungary_(1458-1490).png [17:56]
kakobrekla jurov wrong, unicode fails kako [17:56]
mike_c ۞ so, like, this line should be off the record. [17:56]
mircea_popescu no but srsly, just filter unknown chars out rather than drop the line [17:56]
michiel_l midnightmagic mikaeldice mike_c mircea_popescu mius mixdio [17:56]
mircea_popescu mike_c in 99% cases it's bullshit curly quotes that do it. [17:57]
mike_c damn, didn't work [17:57]
kakobrekla assbot can read chinese [17:57]
kakobrekla i dont give a fuck for your phuny chars [17:57]
mike_c “ off the record? “ [17:57]
kakobrekla see [17:58]
mike_c grr [17:58]
kakobrekla you cant even broke it [17:58]
kakobrekla brake [17:58]
kakobrekla brb coffee. [17:58]
mircea_popescu If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first, Lawsky said at the hearing. [17:58]
mircea_popescu “If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first,” Lawsky said at the hearing. [17:58]
mircea_popescu that statement is fundamentally "we're stupid, ignore us please". [17:59]
assbot [HAVELOCK] [HMF] [PAID] 13.00000000 BTC to 40`000 shares, 32500 satoshi per share [17:59]
assbot [MPEX] [S.MPOE] 6800 @ 0.00090386 = 6.1462 BTC [-] [17:59]
mike_c dang, i forgot to apply for my innovation permit. [18:00]
kakobrekla the second line didnt make it to logs [18:00]
kakobrekla mircea is a natural [18:00]
mircea_popescu no, i just know what to use [18:01]
mike_c i think it depends on irc client. i don't think my client could even send anything that would break it. [18:02]
mircea_popescu it takes a retarded ny bureaucrat to generate the real good kludge [18:02]
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kakobrekla well irc endocings are bullshit [18:02]
kakobrekla blarg [18:02]
kakobrekla encodings [18:02]
mircea_popescu lol kakotype. [18:02]
assbot [HAVELOCK] [CBTC] 1480 @ 0.00009146 = 0.1354 BTC [+] [18:03]
mircea_popescu mike_c how do you see “ or ” ? [18:03]
kakobrekla cutn spell cunt tpye [18:03]
mircea_popescu bad ms curlyquotes. [18:03]
mike_c blank and blank [18:03]
mircea_popescu https://www.google.com/search?q=%E2%80%9C&complete=0 for the lolz. [18:03]
kakobrekla broke google. [18:03]
assbot [HAVELOCK] [CBTC] 3000 @ 0.00009191 = 0.2757 BTC [+] {4} [18:04]
mircea_popescu anyway, it's the E2809C/E2809D stuff [18:04]
mike_c “ copy and paste ftw “ [18:04]
mike_c damn, see, my client converts it [18:04]
mircea_popescu lol [18:04]
mircea_popescu well yeah, cause you're running some noob sort of software that thinks it knows what you mean [18:04]
mike_c yes [18:04]
mircea_popescu which... great for the retail market, tbh. [18:05]
kakobrekla but here and now, we like total control so we can break srtuff. [18:05]
kakobrekla stuff [18:05]
mircea_popescu don't opress my hacking! [18:05]
assbot [HAVELOCK] [NEOBEE] 54 @ 0.0029212 = 0.1577 BTC [+] [18:06]
assbot [HAVELOCK] [AM1] 5 @ 0.606 = 3.03 BTC [-] {2} [18:07]
assbot [HAVELOCK] [AM1] 1 @ 0.60002001 BTC [-] [18:08]
pankkake http://i.imgur.com/WJPzZOE.png and yet, it's irssi, just expecting UTF-8. hm, make it's screen's fault [18:08]
jurov likewise, i saw just boxes with STS and CCM in them [18:08]
assbot [HAVELOCK] [AM1] 3 @ 0.602 = 1.806 BTC [+] {2} [18:09]
jurov not in the dejavu font, i guess [18:09]
deadweasel irssi, http://i.imgur.com/n2ACa46.png [18:09]
deadweasel can't you just set term to utf-8 [18:09]
pankkake screen has a bug and can't handle utf-8 with too many bytes [18:09]
assbot [MPEX] [S.MPOE] 7050 @ 0.00090386 = 6.3722 BTC [-] [18:10]
jurov what about tmux? [18:10]
pankkake tmux doesn't have that issue, nor do latest screen git [18:10]
kakobrekla re how do you see http://shrani.si/f/1f/Ky/3jgnsftR/howdoyousee.png [18:10]
deadweasel what's that font? [18:11]
kakobrekla dunno [18:11]
kakobrekla Font 1 [18:11]
deadweasel "/set font 1 [18:11]
deadweasel damn [18:11]
kakobrekla settings sez Consolas 12 [18:11]
deadweasel nice, thx, i'm gonna try it for a bit. [18:12]
deadweasel oooooh, curvy, sexy letters [18:12]
kakobrekla :) [18:13]
assbot [HAVELOCK] [PETA] 6 @ 0.04999994 = 0.3 BTC [+] [18:14]
mircea_popescu lmao he's using irc in comic ms [18:14]
lippoper http://31.media.tumblr.com/54175bb847860b25d6424eb31fc34cf2/tumblr_mfnhriiDvE1r600xqo1_500.jpg [18:14]
kakobrekla who? [18:15]
mircea_popescu you. [18:15]
kakobrekla sure [18:15]
kakobrekla nubbins is on my and i havent banned him. [18:15]
kakobrekla my = nac [18:15]
kakobrekla mac [18:15]
kakobrekla fuck. [18:15]
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pankkake what about Microsoft Chat? [18:16]
kakobrekla doesnt have that font. [18:16]
pankkake https://upload.wikimedia.org/wikipedia/en/6/62/MsComicChat.png [18:16]
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kakobrekla hm? [18:18]
kakobrekla it there some nigger joke in there? [18:18]
assbot [HAVELOCK] [AM100] 1100 @ 0.00596699 = 6.5637 BTC [-] [18:20]
assbot [MPEX] [S.MPOE] 6300 @ 0.0009019 = 5.682 BTC [-] [18:20]
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assbot [MPEX] [S.MPOE] 813 @ 0.0009019 = 0.7332 BTC [-] [18:21]
lippoper I see it like this [18:22]
lippoper (11:03:11 AM) mircea_popescu: mike_c how do you see ? or ? ? [18:22]
lippoper yes, ? marks [18:22]
assbot [HAVELOCK] [CBTC] 5225 @ 0.00009199 = 0.4806 BTC [+] [18:24]
mircea_popescu so on the good news front, eulora has all the skill / levelling / training stuff working and i'm quite happy with the system we use. [18:25]
mircea_popescu in fact, i'd say it kicks all ass. [18:25]
assbot [HAVELOCK] [CBTC] 3007 @ 0.000092 = 0.2766 BTC [+] {2} [18:25]
assbot [MPEX] [S.MPOE] 9000 @ 0.00089922 = 8.093 BTC [-] {3} [18:25]
mircea_popescu hopefully sometime next week a crafting v0.4 is out. [18:25]
assbot [HAVELOCK] [AM100] 52 @ 0.00596699 = 0.3103 BTC [-] [18:26]
assbot [HAVELOCK] [CBTC] 13500 @ 0.00009299 = 1.2554 BTC [+] [18:26]
assbot [HAVELOCK] [MS] 40 @ 0.005 = 0.2 BTC [18:28]
benkay asciilifeform: i'd like to read your proof that the us hedge funds are all little madoffs [18:29]
assbot [HAVELOCK] [CBTC] 3761 @ 0.0000949 = 0.3569 BTC [+] [18:29]
benkay !l m s.mg [18:29]
assbot Last trade for S.MG on MPEX was at 0.000138 BTC [+] [18:29]
benkay !l m s.nsa [18:29]
assbot Last trade for S.NSA on MPEX was at 0.00017 BTC [+] [18:29]
assbot [HAVELOCK] [CBTC] 4700 @ 0.000095 = 0.4465 BTC [+] [18:30]
mike_c any plans on updating git? [18:31]
mircea_popescu mike_c yeah. [18:32]
mircea_popescu someone else wanted to do a platform compile, or actually i think multiple people. [18:32]
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mike_c yeah, cross-compiling early is usually a good idea. especially when you get other people to do it. [18:33]
mircea_popescu indeed. [18:33]
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pankkake so it's git? in my mind it was svn [18:34]
mircea_popescu im clueless so i just use these to mean the same thing. [18:35]
mircea_popescu in my mind he just asked me if compilable code is to be published [18:35]
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mike_c they are on github [18:36]
mike_c https://github.com/Chettie/Eulora-client [18:37]
mircea_popescu https://sharedcoin.com/ [18:37]
ozbot Shared Coin - Free Trustless Bitcoin Mixing [18:37]
mircea_popescu seems piuk made a something. [18:37]
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mircea_popescu course as described the model's got nothing on bitbet, but hey. [18:39]
benkay bitbet as mixer [18:40]
benkay wow [18:40]
mircea_popescu d'oh ? [18:41]
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benkay things are never apparent to me mp [18:42]
benkay words of one syllable etc [18:42]
mircea_popescu since you can by design make zero-delta bets, and since the fee is 1%... bitbet is partly the reason why mixer services sort-of died last year, i'd guess. [18:43]
assbot [HAVELOCK] [CBTC] 5000 @ 0.0000951 = 0.4755 BTC [+] [18:45]
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assbot [MPEX] [S.MPOE] 18650 @ 0.00089897 = 16.7658 BTC [-] {2} [18:49]
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assbot [HAVELOCK] [AM1] 40 @ 0.58347561 = 23.339 BTC [-] {8} [18:53]
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assbot [HAVELOCK] [CFIG] 1 @ 0.13149997 BTC [+] [18:57]
assbot [HAVELOCK] [B.EXCH] 100 @ 0.24310363 = 24.3104 BTC [18:57]
assbot [HAVELOCK] [AM1] 4 @ 0.61499997 = 2.46 BTC [+] [18:57]
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assbot [HAVELOCK] [AM1] 1 @ 0.61499999 BTC [+] [18:58]
assbot [MPEX] [S.MPOE] 8205 @ 0.00090213 = 7.402 BTC [+] {2} [18:58]
assbot [HAVELOCK] [COG] 62 @ 0.04790151 = 2.9699 BTC [+] {8} [18:59]
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ThickAsThieves ;;tslb [19:00]
gribble Time since last block: 5 minutes and 26 seconds [19:00]
mircea_popescu .d [19:00]
ozbot 2193847870.17428 | Next Diff in 847 blocks | Estimated Change: 13.6058% in 5d 1h 51m 59s [19:00]
mike_c i'm excited. my robot is coming soon. [19:00]
mike_c https://s3.amazonaws.com/ksr/assets/001/583/808/54cf94358caafe380451e77f05694191_large.JPG?1391181969 [19:00]
mircea_popescu what's it do ? [19:00]
assbot [HAVELOCK] [COG] 5 @ 0.04999997 = 0.25 BTC [+] [19:00]
mike_c whatever i tell it to! raspberry pi driven. has camera, distance sensor. [19:01]
mircea_popescu aha [19:01]
mircea_popescu and what, carry stuff up to 2 oz ? [19:01]
mike_c carrying stuff will not be its forte. [19:02]
mircea_popescu push buttons ? [19:02]
mike_c hm. vimeo is choking. i think this the link: [19:03]
mike_c http://vimeo.com/85309981 [19:03]
ozbot RAPIRO: The cool robot you always wanted as a kid on Vimeo [19:05]
Duffer1 http://www.youtube.com/watch?v=AQynsVZx5Pk [19:06]
ozbot RAPIRO: The cool robot you always wanted as a kid - YouTube [19:06]
benkay i just want a robot that follows me to the grocery store and back [19:06]
benkay 4 wheels would be sufficient, but 1 would be more impressive [19:06]
KRS1 how about a realdoll robot with nice legs [19:06]
KRS1 who can run 60 mph and still romance you with a delicious dinner [19:07]
KRS1 and at your command go fuck up a group of thugs who insulted yo mama [19:08]
mircea_popescu so some kid in sierra leone hacks into it and it dropkicks you to oblivion ? [19:08]
KRS1 uhhhh..heh. [19:08]
lippoper this looks so clean http://31.media.tumblr.com/862967f8c3629b6d53aaa1c77ffd2ea7/tumblr_mf5d8rpJeP1rkz0rco1_1280.jpg [19:09]
KRS1 hey I know her [19:09]
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KRS1 http://thechive.files.wordpress.com/2012/07/sexy-girls-in-short-shorts-4.jpg?w=500&h=750 [19:12]
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mircea_popescu wao-ender http://ro.wikipedia.org/wiki/Casa_Matia_din_Cluj btw. [19:18]
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wao-ender 23.2. will have his bday [19:20]
assbot [HAVELOCK] [HMF] 16 @ 0.02751006 = 0.4402 BTC [-] {3} [19:21]
wao-ender but well, I think you have lot of interesting things there to know [19:21]
wao-ender I have on my plan that way to stop at Nikola Teslas museum as well [19:21]
jurov there's one in Romania? [19:22]
assbot [HAVELOCK] [HMF] 122 @ 0.02712507 = 3.3093 BTC [-] {10} [19:22]
jurov i was in the Belgrade one [19:22]
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mircea_popescu i was in the belgrade one too [19:23]
mircea_popescu wasn't really all that much... more the name than anything [19:23]
jurov yes, only a small house [19:24]
assbot [HAVELOCK] [NEOBEE] 500 @ 0.0027658 = 1.3829 BTC [-] {14} [19:25]
jurov they ran a film document, one tesla coil with live demonstration and few artifacts [19:25]
assbot [HAVELOCK] [AM1] 3 @ 0.62499899 = 1.875 BTC [+] {2} [19:27]
assbot [HAVELOCK] [NEOBEE] 160 @ 0.00292525 = 0.468 BTC [+] {7} [19:29]
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assbot [HAVELOCK] [B.MINE] 1 @ 0.17 BTC [19:42]
benkay b.mine [19:43]
benkay valentines day scams [19:44]
ThickAsThieves idea: mobile ASIC mine that leeches on Tesla charging stations [19:46]
mircea_popescu ahahahaa [19:47]
mircea_popescu you could have a modified tesla. [19:47]
jurov lol we had similar idea to hook them to trolleybuses here [19:47]
mircea_popescu hash'n'crash [19:47]
assbot [MPEX] [S.MPOE] 15390 @ 0.00091192 = 14.0344 BTC [+] {2} [19:47]
ThickAsThieves it could even hash while you drive to the next one [19:48]
deadweasel have to pause it to get up hills tho [19:48]
ThickAsThieves free heating too [19:48]
mircea_popescu pity tesla doesn't do RVs [19:49]
jurov tesla does log energy usage, they'd discover any major leeching [19:49]
mircea_popescu you could solve the retirement problem. just give everyone a tesla rv with hashing gear. [19:49]
jurov on the other hand, old trams.trolleybuses do not [19:49]
mircea_popescu jurov yeah they do. at the feed station. [19:49]
mircea_popescu that's basically how they know if a line is down [19:50]
jurov yes, but's much less detailed [19:50]
jurov if tesla car consistently reports 20% shorter battery life, that's fishy [19:51]
mircea_popescu im curious who's the first person to have an exploded tesla battery/chemical fire [19:52]
mircea_popescu and sue them. [19:52]
ThickAsThieves coinbase has not sent out my bitcoins after 3 hours... [19:53]
ThickAsThieves guess they need to wait for price to fall a bit more [19:53]
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assbot [HAVELOCK] [DEALCO] 34 @ 0.00438 = 0.1489 BTC [-] {2} [19:54]
mircea_popescu $depth X.eur [19:55]
mpexbot mircea_popescu: X.EUR Bids: ['1200 @ 0.00166251', '4200 @ 0.0016245', '100 @ 0.00153846', '1000 @ 0.001', '100000 @ 0.0009945'] [19:55]
mpexbot mircea_popescu: Asks: ['1200 @ 0.00168772', '2200 @ 0.001773', '1350 @ 0.0019975'] [19:55]
mircea_popescu has it been dropping ? [19:55]
jurov no, getting sideways [19:56]
ThickAsThieves less than 1% since i initiated [19:56]
ThickAsThieves but still, it's bitcoin, why do i have to wait [19:56]
ThickAsThieves http://www.politico.com/magazine/story/2014/01/tsa-screener-confession-102912.html [19:56]
ozbot TSA Agent Confession - POLITICO Magazine [19:56]
ThickAsThieves "Dear America, I Saw You Naked [19:57]
ThickAsThieves And yes, we were laughing. Confessions of an ex-TSA agent." [19:57]
jurov http://live.coinbr.com/?mpsic=X.EUR , switch to month [19:57]
mircea_popescu aha [19:57]
mircea_popescu abstract arts. [19:57]
mircea_popescu but nice narrowing [19:58]
assbot [HAVELOCK] [B.MINE] [PAID] 0.24986506 BTC to 218 shares, 114617 satoshi per share [19:59]
ThickAsThieves "I was even required to confiscate nail clippers from airline pilots—the implied logic being that pilots could use the nail clippers to hijack the very planes they were flying." [20:00]
ThickAsThieves "In private, most TSA officers I talked to told me they felt the agency’s day-to-day operations represented an abuse of public trust and funds." [20:01]
assbot [MPEX] [S.MPOE] 34050 @ 0.00091812 = 31.262 BTC [+] {3} [20:01]
mircea_popescu this is unlike any bureaucrat ever working for any bureaucy in any government in any country ever ? [20:03]
mircea_popescu ask anyone, from the post office to whatever you wish. [20:03]
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ThickAsThieves "At the conclusion of our crash course, one of the officers in our class asked him to tell us, off the record, what he really thought about the machines. 'They’re shit,' he said" [20:04]
mircea_popescu "It was just a temporary thing, I told myself—side income for a year or two as I worked toward a degree in creative writing. It wasn’t like a recession would come along and lock me into the job or anything." i wonder how many losers currently are hiding this from themselves with the pretense to "creative writing" aspirations. [20:04]
ThickAsThieves (Rapiscan) [20:04]
ThickAsThieves "I.O. room duty quickly devolved into an unofficial break. It was the one place in the airport free of surveillance cameras" [20:05]
assbot [HAVELOCK] [HMF] 15 @ 0.027 = 0.405 BTC [-] [20:07]
assbot [HAVELOCK] [B.MINE] 1 @ 0.44 BTC [+] [20:07]
assbot [MPEX] [S.MPOE] 17271 @ 0.00091861 = 15.8653 BTC [+] [20:07]
ThickAsThieves "Officers who were dating often conspired to get assigned to the I.O. room at the same time, where they analyzed the nude images with one eye apiece, at best." [20:08]
ThickAsThieves "All the old, crass stereotypes about race and genitalia size thrived on our secure government radio channels." [20:08]
mircea_popescu https://twitter.com/Mircea_Popescu/status/429315308973588481 [20:08]
ozbot Twitter / Mircea_Popescu: @Jas0nHarringt0n You're not ... [20:08]
mircea_popescu hopefully he takes the gist of it and offs himself. [20:08]
ThickAsThieves they asked for dosimeters and were denied too [20:09]
assbot [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC [20:10]
mircea_popescu you know what ? it came out at nurnberg that most of the nazis working for the jew extermination agencies were trying to do a good job. [20:10]
mircea_popescu plenty of them were aspiring writers, too. just... you know, needed the dough. [20:10]
mircea_popescu god forbid they go hungry. [20:10]
mircea_popescu important people, these. [20:10]
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ThickAsThieves the guy ended up getting a scholarship [20:18]
ThickAsThieves and quitting [20:18]
ThickAsThieves quitting the TSA* [20:19]
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Duffer1 TSA - come for the security theater, stay because we can't end the program during an employment crisis [20:21]
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mike_c re: telsa fire. this video caused a stir stateside a few months ago: [20:24]
mike_c http://www.youtube.com/watch?v=q0kjI08n4fg [20:24]
ozbot Tesla car on fire - YouTube [20:24]
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mike_c apparently the batteries don't do well when pierced from the bottom by road debris [20:25]
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assbot [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC [20:27]
Dimsler_ you guys [20:29]
Dimsler_ i got a pump up video [20:30]
Dimsler_ https://www.youtube.com/watch?v=ZthKY5P_9Rk [20:30]
ozbot [DOGE] xX_D0G3C0IN_Xx - YouTube [20:30]
Dimsler_ you can all watch this and pace back and fourth in your basements [20:30]
ThickAsThieves or we can ignore anything with doge in it [20:31]
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mircea_popescu mike_c obviously. a ton and a half lithium battery is a fucking hazard of the 1st degree [20:33]
mircea_popescu not that they won't get good at it with practice, just... i dun wanna be the practice. [20:34]
benkay mircea_popescu's waiting for the power-seat in the back china tesla edition [20:35]
mircea_popescu ThickAsThieves yeah, and if satan gives him a scholarship next he's gonna spend a year or two warming tar. [20:36]
mircea_popescu and then try to leech some more money off of it by writing a book about what an asshole he was for THAT stretch of his life. [20:36]
benkay http://www.carnewschina.com/2013/08/08/tesla-model-s-will-have-an-executive-back-seat-in-china/ [20:36]
ozbot Tesla Model S will have an “executive back seat” in China | CarNewsChina.com - China Auto News [20:37]
mircea_popescu when did "executive" become "luxury" i wish to know. [20:37]
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benkay we're all ceo's nao [20:40]
kakobrekla ceo of pleb.com [20:42]
kakobrekla o thats actually a site [20:43]
kakobrekla nvm [20:43]
ThickAsThieves about a third of people I require to sign messages with their wallet for ID, don't send the message, only the sig [20:43]
kakobrekla at least they know what a bitcoin address is. [20:44]
ThickAsThieves what's worse is friedcat pretty much never requires signed transfers anymore [20:45]
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ThickAsThieves i dont know whether open requests are scammers or people Friedcat just ignored [20:46]
ThickAsThieves scammers just never follow up I guess [20:46]
mircea_popescu >< [20:46]
mircea_popescu so basically the brilliance of asicminer has by now ensured the entire thing is an utter mess [20:46]
mircea_popescu only took 9 months, too. [20:47]
mircea_popescu ain't working with responsible, competent people a fucking blessing. [20:47]
Dimsler_ lol [20:47]
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ThickAsThieves surprisingly, there are no cases of "Friedcat stole my shares!" tho [20:53]
mircea_popescu not until the scammors start figuring out the hole. [20:54]
* pankkake brb registering forum username ThikcAsThieves [20:54]
ThickAsThieves i take extra measures to make sure i cant be impersonated [20:55]
mircea_popescu lol good one, i needed a dbl tacke [20:55]
ThickAsThieves sorry pankkake [20:55]
ThickAsThieves of course this assumes friedcat cares... [20:55]
assbot [MPEX] [S.MPOE] 8873 @ 0.00091604 = 8.128 BTC [-] [20:55]
mircea_popescu srsly ? ThickAssThieves, ThickAsThievs, everything all taken ? [20:55]
ThickAsThieves for one, i dont use forums for biz at all anymore [20:56]
assbot [MPEX] [S.MPOE] 15814 @ 0.00091708 = 14.5027 BTC [+] {2} [20:57]
mircea_popescu so you figure this does anything ? [20:58]
mircea_popescu think about it : to the average tard, whether you're one of the 500 scammers named after you or not makes no diff. [20:58]
mircea_popescu he still deals with you on the forum, whether you know of this or not. [20:58]
ThickAsThieves well its not all i do [20:58]
mircea_popescu one fine day they'll hold a vote about whether you should pay for it anyway [20:58]
mircea_popescu (yea i understand, just making a point) [20:59]
assbot [HAVELOCK] [AM100] 63 @ 0.0057001 = 0.3591 BTC [-] {5} [21:02]
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Dimsler_ lol [21:04]
Dimsler_ bitcoin is all scammers [21:04]
Dimsler_ angry greedy nerds [21:05]
ThickAsThieves the nouveau riche arent known for their poise [21:07]
Dimsler_ lol [21:08]
Dimsler_ exactly [21:08]
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assbot [MPEX] [S.MPOE] 18550 @ 0.00091334 = 16.9425 BTC [-] {3} [21:20]
assbot [HAVELOCK] [SFI] 193 @ 0.00084999 = 0.164 BTC [+] {2} [21:20]
midnightmagic ThickAsThieves: +1 [21:21]
assbot [HAVELOCK] [HMF] 6 @ 0.02650833 = 0.159 BTC [-] {2} [21:25]
PsychoticBoy__ 2 years ago I had to work, now people are working hard very hard for me :) [21:25]
assbot [HAVELOCK] [DEALCO] 159 @ 0.00420804 = 0.6691 BTC [-] {4} [21:26]
PsychoticBoy__ thats how the cookie crumbles [21:26]
kakobrekla thats how the bitcoin crumbles [21:26]
PsychoticBoy__ :D [21:26]
assbot [HAVELOCK] [DEALCO] 70 @ 0.00390028 = 0.273 BTC [-] {2} [21:27]
kakobrekla wait werent you running something on glbse [21:27]
assbot [MPEX] [S.MPOE] 12250 @ 0.00091174 = 11.1688 BTC [-] {3} [21:28]
kakobrekla ok ok [21:29]
kakobrekla hoho, this one is nice and easy [21:30]
kakobrekla >I guess I will answer the best I can. It is really about being in the right place at the right time. I have done really well and also lost my ass in the past. I have pretty much been involved in just about anything BTC related that was not an obvious scam, and some that where. [21:30]
kakobrekla guess who [21:30]
assbot [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-] [21:30]
Duffer1 goat? [21:30]
kakobrekla bingo [21:30]
mircea_popescu lol [21:31]
mircea_popescu goat's been trying real hard to come out as if he's trustworthy, past all forgotten etc. [21:31]
kakobrekla omg haha its gets better. [21:32]
kakobrekla >That Lambo is not really a significant part of my investment portfolio. I did it when I did cuz of Greenspan saying he could not see any "intrinsic value" in BTC. So I was like fuck it, people don't care about intrinsic value, they care about shit like Lambos. Did it for the PR. [21:32]
mircea_popescu derp. [21:33]
Duffer1 he should hook me up with a couple btc [21:33]
Duffer1 for the pr [21:33]
Duffer1 i also accept lambo [21:34]
assbot [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-] [21:34]
kakobrekla i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams [21:34]
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PsychoticBoy__ yes kakobrekla I was running something on glbse [21:35]
PsychoticBoy__ and later I was running some new assets on Bitfunder [21:35]
kakobrekla aha aha, classic. [21:35]
Duffer1 any plans for ciphertrade? [21:35]
kakobrekla no cryptostock either? [21:36]
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PsychoticBoy__ no cryptostocks or havelock [21:36]
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assbot [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC [21:37]
assbot [HAVELOCK] [HMF] 29 @ 0.02603447 = 0.755 BTC [-] {5} [21:37]
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kakobrekla well, if you picked your exchanges at random, theres a good chance one of them would still be online, makes you think if you went for the shittiest deliberately [21:38]
mircea_popescu i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams << you tihnk ?! [21:39]
kakobrekla or split personality, what do i know [21:39]
kakobrekla and yes, [21:39]
kakobrekla i think, [21:39]
kakobrekla and it hurts. [21:39]
assbot [MPEX] [S.MPOE] 8771 @ 0.00090864 = 7.9697 BTC [-] [21:40]
assbot [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC [21:41]
mircea_popescu think with the other head alternatively [21:41]
mircea_popescu lower load, cooler cpu... [21:41]
assbot [HAVELOCK] [B.MINE] 4 @ 0.25 = 1 BTC [-] [21:43]
jurov benkay: where did you get this from? Writing options and providing the required collateral puts those options into the pool from which a counterparty is randomly selected during an exercise event. [21:44]
assbot [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC [21:44]
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jurov you really think mpex throws dice every time someone exercises an option? [21:45]
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jurov would be fun, tho :D [21:45]
mike_c mpex + JD = more excitement [21:47]
Dimsler_ yeah until you can't get your money out [21:49]
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mike_c i don't get it. which of those do you have trouble getting money out of? [21:50]
assbot [HAVELOCK] [CBTC] 20618 @ 0.000097 = 1.9999 BTC [+] [21:52]
mircea_popescu this is a point, no large dice site crashed and burned so far. [21:58]
jurov http://explo.yt/post/2014/01/21/Options-and-MPOE maybe i'll try to improve it, but it's basically done [21:58]
mircea_popescu props for a good model. [21:59]
ozbot MPEx: The Missing Manual 6 - Options - serialized delusions [21:59]
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assbot [MPEX] [S.MPOE] 15633 @ 0.00091609 = 14.3212 BTC [+] {2} [22:00]
kakobrekla all models are wrong [22:01]
kakobrekla but some are useful, they say. [22:01]
mircea_popescu jurov : "This process is not visible to the collateral holder in the course of the month." [22:02]
mircea_popescu this changed meanwhile. [22:02]
jurov heh.. so the collateral in stat output changes as exercises are done? [22:02]
mircea_popescu yep [22:02]
mike_c thanks for link jurov. good post, i will be bookmarking for the six times a week i forget how to calculate the profit on those. [22:02]
mircea_popescu lol [22:03]
mircea_popescu jurov it all started with mike_c being a little bitch. [22:03]
mike_c hehe [22:03]
mircea_popescu but it really went downhill once he actually had a point [22:03]
mike_c it took mysterious other parties to convince him there was a point. [22:03]
mircea_popescu well i don't listen to noobs. [22:05]
assbot [HAVELOCK] [B.EXCH] 10 @ 0.24310363 = 2.431 BTC [22:05]
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mike_c four more months i think until my 1 year bitcoin-assets birthday. [22:06]
jurov i'd like to see the arguments :D [22:07]
mircea_popescu o hey. throwing a party ? [22:07]
mike_c kako won't come to the us [22:07]
assbot [HAVELOCK] [HMF] 6 @ 0.02699999 = 0.162 BTC [+] [22:08]
mircea_popescu jurov you know, about once a meeting the idea surfaces that "we shouild just film this. itcould be a movie" [22:08]
kakobrekla cause he still has a fart worth of sanity left. [22:08]
mircea_popescu kako doesn't want his tics felt up ? [22:08]
mircea_popescu The Sanitary Fartworth, an Illustrated Book of Sayings. [22:09]
mircea_popescu ;;later tell nubbins` ^ [22:09]
gribble The operation succeeded. [22:09]
benkay jurov: from mircea_popescu himself [22:09]
mircea_popescu that should go over well [22:09]
kakobrekla the, the customs will be like "dude, i won the bet but you paid less than i sent, come with me for a sec" [22:09]
mircea_popescu lmao [22:09]
jurov dunno how would one film this. people sitting in front of monitor, grinning? [22:09]
jurov with short cut from bildercoin meeting [22:09]
mircea_popescu jurov it's usually irl. [22:10]
mircea_popescu gotta be able to brandish things at people or else what sort of an argument is it. [22:10]
benkay ah well there is a mistake in there isn't it - the way i understand the selection to work is that an exercise hits everyone who underwrote proportionately to the fraction of outstanding contracts that they wrote [22:11]
jurov oh yes then.i'd really like to see the cherry truck selection meeting [22:11]
mircea_popescu we were drunk. [22:11]
Dimsler_ you guys [22:11]
Dimsler_ more info aon gash.io? [22:11]
Dimsler_ legit or not? [22:11]
benkay but jurov it is true that just writing an option puts it into the pool that can be exercised against [22:11]
mircea_popescu Dimsler_ seems legit. [22:12]
lippoper big ass bait: http://25.media.tumblr.com/tumblr_m8jcvoJgKU1qkwo4to1_1280.jpg [22:12]
benkay and also mike_c jurov commissioned the m3 from me [22:12]
Dimsler_ so if i buy 100g/hash [22:12]
Dimsler_ from them [22:12]
Dimsler_ it pays me every 25blocks [22:12]
Dimsler_ ? [22:12]
jurov brb [22:12]
mircea_popescu you mean gHash.io or gash.io ? [22:12]
mircea_popescu never heard of gash. [22:12]
Dimsler_ https://www.cex.io/#GHS-BTC [22:13]
Dimsler_ these guys [22:13]
Duffer1 https://bitcointalk.org/index.php?topic=439399.msg4861912#msg4861912 [22:13]
kakobrekla well [22:13]
ozbot [SOLB-SOL] Sollar Bond World's First Crypto-Bond [PRE-SALE THREAD] [22:13]
kakobrekla its not a scam, as scuh. [22:13]
Duffer1 them fightin words [22:13]
kakobrekla such [22:13]
mircea_popescu cex.io peopl have been bitching about but i've not heard something subsytantive. [22:13]
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assbot [MPEX] [S.MPOE] 1267 @ 0.000918 = 1.1631 BTC [+] [22:17]
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lippoper it's pre-sale, much trouble [22:17]
lippoper they probably don't even have the mining gear yet [22:17]
michiel_l midnightmagic mikaeldice mike_c mircea_popescu mius mixdio [22:18]
mircea_popescu mike_c http://www.btcalpha.com/blog/2014/you-can-raise-it-but-you-cant-spend-it/ myep. [22:18]
mircea_popescu a review of the complete count of all bitcoin companies to date, and their spending patters may reveal that this is like ... the only 2 out of about 300 to do this. [22:18]
mike_c yes. the20year is going to be on the wrong side of that unfortunately. [22:19]
mircea_popescu actually, benkay, you still looking for fun shit to do ? [22:19]
mircea_popescu how about you make the complete list of all bitcoin companies ever. [22:19]
mircea_popescu all of them. [22:19]
kakobrekla i have been saying same since 2012 [22:19]
benkay oh god [22:19]
KRS1 heh [22:19]
kakobrekla but ppl are like "DIVERSIFY YOU IDIOT" [22:19]
mircea_popescu kakobrekla i'm stealing it. [22:19]
mircea_popescu benkay no, srlsly, it's a great thing to do, if it's complete. [22:20]
benkay mircea_popescu: will you commission that? [22:20]
KRS1 wow. big bait. much ass. [22:20]
mircea_popescu how much comission do you want / [22:20]
mircea_popescu http://cascadianhacker.com/blog/2014/01/31_mix-your-coins-for-1-bitbet-as-mixer.html << lol he ran off with it. [22:20]
ozbot Mix your coins for 1% - Bitbet as Mixer [22:20]
mircea_popescu suppose i just don't charge you for teh info ? :D [22:21]
assbot [HAVELOCK] [AM1] 5 @ 0.6248 = 3.124 BTC [-] {2} [22:21]
kakobrekla i dont think its even possible to do complete list [22:21]
benkay you have a list? [22:21]
mircea_popescu sort-of. [22:21]
mircea_popescu benkay suppose i give you the half-bitcoin i have leftover from the painting thing ? but srsly, do it thoroughly, don't leave anything out. [22:22]
benkay mighty nebulous criteria sir [22:22]
mircea_popescu whyssat ? [22:22]
KRS1 benkay: Here is a great list to get started: http://www.bitcoin-tools.de/links.html [22:23]
mircea_popescu nono [22:23]
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mircea_popescu i mean strictly public comps [22:23]
mircea_popescu things that ever took investment from the public. [22:23]
benkay so basically trawl bitcointalk/investments back to 2010 or w/e [22:23]
mircea_popescu 2009. [22:23]
benkay yeah [22:24]
KRS1 curl grep ipo [22:24]
mircea_popescu this is a good idea yeah. [22:24]
benkay mhm [22:24]
mircea_popescu im sure people with history will volunteer names to fill gaps [22:24]
benkay what, is this a list or a review of each individual scam!? [22:24]
mircea_popescu and just, name, what it supposedly did, when it opened, who run it, when it closed, other notes etc. [22:24]
mircea_popescu well obviously a pankkake-style list isn't too helpful [22:25]
kakobrekla you need glbse [22:25]
kakobrekla and everything that went aside exchanges [22:25]
pankkake no glbse archive? [22:25]
mircea_popescu some twerps (goat, etc) deleted their posts, obviously. [22:26]
mircea_popescu usagi ran like... 6 things ? [22:26]
pankkake anyway, it seems like an ungodly amount of work [22:26]
mircea_popescu it does. [22:26]
mircea_popescu but it'd also yield a reference point. [22:26]
kakobrekla ok i have this crazy and mostly useless thing one sec [22:26]
mike_c plus, doesn't have to be complete to publish. start with recent ones and work backwards. [22:27]
mircea_popescu start with old ones and work forwards. much better. [22:27]
benkay i'd rather work forwards [22:27]
mike_c harder though [22:27]
mircea_popescu with recent ones all the scum will have an incentive to argue about shit. [22:27]
mircea_popescu with old stuff... they won't even notice. [22:27]
benkay ;;calc .5/300 [22:28]
gribble 0.00166666666667 [22:28]
pankkake perhaps do it somewhere others can contribute [22:28]
mircea_popescu history is written ad urbe condita not last superbowl backwardsia. [22:28]
mike_c this practically is a complete list of current: [22:28]
mike_c http://bitcoinscammers.com/ [22:28]
ozbot Bitcoin Scammers & (Other Cryptocurrency Scammers) [22:28]
benkay you can contribute by emailing me, pankkake ;) [22:28]
kakobrekla http://log.bitcoin-assets.com/tickers.txt [22:29]
pankkake this adds a procrastination layer [22:29]
benkay mike_c: too bad it's not listified [22:29]
mircea_popescu kakobrekla dafuck is that ? [22:29]
KRS1 mircea_popescu: so the IPO/bitcoin investment model is similar to the trading style where you want to increase your bitcoin instead of fiat (in hopes to buy back lower)? [22:31]
kakobrekla that hash is md5($exchange.$asset) [22:31]
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kakobrekla the numbers is the last price at which the asset traded [22:31]
KRS1 In other words, the companies seeking investment would have to purchase their goods/services in bitcoin in order to do this. [22:31]
mircea_popescu can you unhash it ? [22:31]
kakobrekla no [22:31]
kakobrekla :D [22:31]
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mircea_popescu lol [22:31]
kakobrekla was not ment to beunhashed [22:32]
mircea_popescu halpful. [22:32]
benkay hashful [22:32]
mircea_popescu KRS1 hm ? [22:32]
kakobrekla well you can guess [22:32]
mike_c benkay: its paginated. bitcoinscammers.com/page/3/ bitcoinscammers.com/page/4/, etc [22:32]
mircea_popescu yes dude, and if we don't recall a fucking name we just sit here hashing letters like idjits [22:32]
kakobrekla MPEX.S.MPOE or something [22:32]
pankkake shouldn't be hard to brute force actually, not many chars [22:32]
kakobrekla well [22:32]
kakobrekla you can see how many you are missing [22:32]
mircea_popescu this is a point [22:32]
kakobrekla you know i said it was crazy and useless [22:33]
kakobrekla so fuck off [22:33]
mircea_popescu so you did eh. [22:33]
mircea_popescu i thought you were being sarcastic [22:33]
kakobrekla no no. [22:33]
mircea_popescu go ask fluffles to teach you sarcasm. [22:33]
kakobrekla should be fairly quick to bruteforce this [22:34]
benkay mircea_popescu: given the "ungodly" amount of work involved i think perhaps 2 btc [22:34]
assbot [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC [22:34]
mircea_popescu #bitcoin-assets : your daily source of insane ways to spend all your free time for great justice. [22:34]
kakobrekla heh [22:34]
mircea_popescu benkay im not rly hiring you to do it tho, think of it as mostly volunteer work. [22:34]
kakobrekla not too far off [22:34]
pankkake s/volunteer/slave/ [22:35]
mircea_popescu lol [22:35]
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kakobrekla and dont forget to put it in niggers.txt on the end. [22:35]
mircea_popescu lol [22:35]
KRS1 In reference to "You Can Raise It But You Can't Spend It". Whats wrong with a company sticking to their business plan, soliciting for $X amount of funds, receiving it in bitcoin, converting it to fiat? Then the proper execution of the business plan can take place with the investment model of using bitcoins for funding. If the value of bitcoins goes up or down, it does not matter. The [22:35]
KRS1 company seeking investment isn't buying their goods/services in bitcoin and they've properly funded their venture. If they cannot meet their goals using the solicited funds thats another problem entirely. [22:35]
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mircea_popescu KRS1 the entire thing revolves around the empirical observation that companies which did not spend their ipo funds outperformed companies that did spend them, without exception. [22:36]
mike_c the problem is that the company is then competing with the BTC/fiat ROI [22:36]
mircea_popescu this is ultimately a problem of btc, of course, but still. financial analysis is what it is. [22:36]
KRS1 And if the market price tanked without rebounding? [22:36]
mircea_popescu well then that'd be exactly the reverse [22:37]
mircea_popescu hence "empirical" in my line. [22:37]
mike_c if you want to short BTC there are better ways than investing in one of these companies. [22:37]
assbot [HAVELOCK] [B.SELL] 3 @ 0.1 = 0.3 BTC [22:37]
pankkake if you invest in a bitcoin company, somehow you're also thinking bitcoin will do well, right? [22:37]
mircea_popescu pankkake depends if the company is btc or not. [22:37]
KRS1 good point pankkake [22:37]
benkay mircea_popescu: recommended donation for public service: 0.006 btc/security unearthed [22:38]
assbot [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC [22:38]
benkay also an interesting note: the oldest posts on the securities forum on bitcointalk are from like march. was there a db restore in which btctalk dropped all date information or something? [22:38]
mircea_popescu what ?! [22:39]
pankkake maybe the section did not exist [22:39]
mircea_popescu https://bitcointalk.org/index.php?topic=8167.0 [22:39]
ozbot SkepsiDyne Integrated Node - The Bitcoin Mining Company [22:39]
mircea_popescu one of the first. [22:39]
pankkake and it was on a more generic one [22:39]
pankkake yeah, just Marketplace [22:39]
mircea_popescu there's also something run by uhhh... what was his name, the weirdo indian guy [22:39]
mircea_popescu and some shitty thing run by i forget who. those were the first three. [22:40]
assbot [MPEX] [S.MPOE] 5033 @ 0.0009111 = 4.5856 BTC [-] [22:40]
assbot [MPEX] [S.MPOE] 5417 @ 0.00091747 = 4.9699 BTC [+] [22:41]
KRS1 If I'm an investor in a company using bitcoin and the day after my investment, bitcoin market price shoots upward and remains high, it kind of sucks I'm still investor X having invested only btc $Y. [22:42]
kakobrekla btw benkay re mixing, there is no g uarantee you will not get your own coins back [22:43]
KRS1 However dividends paid out would make it equal i suppose. [22:43]
KRS1 Unless dividends paid are always in fiat based on btc investd. [22:43]
mircea_popescu kakobrekla there is however a guarantee a third party can't establish they're your coins. [22:43]
mircea_popescu KRS1 you have 1 btc. you invest it. company trades it for 100 dollars, buys a hooker. the hooker makes 10 dollars a week. [22:44]
mircea_popescu your share yields .1 BTC a week, and thus is worth w/e .1 * riskfreerate comes to. [22:44]
mircea_popescu tomorrow btc goes to 10k. now your share yields .01 BTC a week, thus is worth 1/10 what it was. [22:45]
kakobrekla do we give out certificates or guarantees? [22:45]
kakobrekla one can see it as a weird bet [22:45]
mircea_popescu kakobrekla but suppose you go bet, and put in an address. [22:45]
mircea_popescu now, you know that that's your address, but someone looking in doesn't. [22:46]
mircea_popescu maybe you put obama's address in as a prank. [22:46]
kakobrekla obama will have trouble. [22:46]
mircea_popescu well so then. [22:46]
kakobrekla it gives clues and if futher investigation happens you can be out of luck [22:47]
kakobrekla so the guarantee isnt there [22:47]
mircea_popescu in this sense, the clue given is no different from the clue of "we don't like your face very much" [22:47]
mircea_popescu it's not a clue, it's purely arbitrary. [22:47]
kakobrekla arbitrary clue. [22:48]
kakobrekla police uses shrinks [22:48]
kakobrekla why wouldnt they bitbet. [22:48]
mircea_popescu i'm saying they wouldn't ?! [22:48]
kakobrekla ok chief of the universe. [22:48]
mircea_popescu lol how did i get mixed into this [22:49]
mircea_popescu I DISAGREE WITH EVERYTHING [22:49]
pankkake "Further more there is no company behind Sollar Bonds. As stated it is an Open-Sourced Dac with a Social Contract attached to each bond. Google social contract. Sollar Bonds is not a company it is a DAC-DAO." [22:49]
mircea_popescu awww, so close to it being a herp-derp! [22:49]
kakobrekla what is dac dao [22:50]
mircea_popescu ;;google DAC-DAO [22:50]
gribble Dac Dao Tran | Facebook: ; Ho Dac Dao: ; ky niem lop k16- Phan vien Mien Nam - YouTube: [22:50]
pankkake decentralized autonomous corporation and the other I don't know [22:50]
mircea_popescu i got a Dấu hiệu của người sắp đắc đạo - Thực Dưỡng [22:50]
mircea_popescu pankkake "o i know, we'll rename mpex shit and pretend like we matter". gotta love the kids. [22:50]
pankkake no, it's worse [22:51]
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mircea_popescu obviously. [22:51]
mircea_popescu "we'll copy [what we understand]" [22:51]
Duffer1 "Sollars is private, its distributed, and its privately distributed with no central points of failure BUT a central point of value and accountability (our company & community)" [22:52]
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pankkake it's worser [22:52]
mircea_popescu lol [22:52]
mircea_popescu this promises to be better than dmc. [22:53]
jurov just curious, do preorder schemes apply for that list? [22:54]
mircea_popescu they should i tihnk. [22:54]
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assbot [HAVELOCK] [AM1] 1 @ 0.624999 BTC [+] [22:54]
mircea_popescu ;;later tell RBRubicon dude seriously, fix that connection. [22:54]
gribble The operation succeeded. [22:54]
mircea_popescu "This creation of a new city, piled on top of the massive tribute owed to the Persians, as well as the necessary donative to the army to secure its acceptance of his accession, meant Philip was desperately short of money. To pay for it, he ruthlessly increased levels of taxation, while at the same time he ceased paying subsidies to the tribes north of the Danube that were vital for keeping the peace on the frontiers." [22:56]
assbot [HAVELOCK] [HMF] 40 @ 0.027 = 1.08 BTC [+] {2} [22:56]
mircea_popescu you know... it occurs to me the us is so utterly out of moneyz, it's actually running short on stuff to pay its allies. [22:56]
mike_c luckily our tribes to the north are vital for only maple syrup [22:57]
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mircea_popescu yeah, but the tribes in the midwest... [22:58]
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mircea_popescu afghanistan gdp is nominally 18bn, of which ~3bn direct us deposits. [22:59]
benkay https://bitcointalk.org/index.php?topic=2503.0 [23:00]
ozbot Bitcoin in China [23:00]
benkay Nefario: "I'm in China, English teacher, slow/poorish Ruby webdev programmer." [23:01]
mircea_popescu anyway, usaid economic support went 8-7-5bn 2009-2011 [23:01]
kakobrekla lol benkay i thought you were joking. [23:02]
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mircea_popescu http://upload.wikimedia.org/wikipedia/commons/a/a8/Philipnote.jpg << anyone guess how old this thing is ? [23:05]
kakobrekla mircea_popescu re asset list, grep the old assets logs to compile one, you should be able to get full glbse there [23:05]
kakobrekla most of the rest is still obtainable [23:05]
assbot [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+] [23:05]
mircea_popescu kakobrekla interesting idea, lessee. [23:06]
jurov one'll have to check the benkay's list thoroughly, if he does it. [23:06]
jurov i just found he divided MPEx into 10 billion shares instead of 1b [23:06]
mircea_popescu zing. [23:06]
benkay >.< [23:06]
assbot [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-] [23:06]
mircea_popescu **** BEGIN LOGGING AT Thu Apr 12 23:03:54 2012 [23:07]
mircea_popescu this looks promising. [23:07]
benkay irc logs? [23:08]
kakobrekla yea [23:08]
kakobrekla like 2 days after chan was created [23:08]
assbot [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+] [23:09]
assbot [MPEX] [S.MPOE] 8550 @ 0.00090891 = 7.7712 BTC [-] {3} [23:09]
kakobrekla he so slow. [23:09]
mircea_popescu lol [23:09]
mircea_popescu the week otc died [23:09]
assbot [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC [23:10]
kakobrekla (mind if he would be a month late, it would be the month that otc died) [23:10]
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mircea_popescu ^ [23:11]
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assbot [HAVELOCK] [NEOBEE] 48 @ 0.0029 = 0.1392 BTC [-] [23:15]
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KRS1 That sucks. I'd rather invest fiat in a company for non variable returns. [23:16]
assbot [HAVELOCK] [B.MINE] 2 @ 0.13 = 0.26 BTC [-] [23:16]
KRS1 or btc I suppose [23:16]
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kakobrekla ponzi has non variable returns [23:16]
mike_c you mean you want a bitcoin CD? [23:16]
KRS1 I'd rather not receive dividends in btc I suppose..Value is subject to market price. [23:16]
mike_c well if you want a fiat CD i'm pretty sure those are available.. [23:17]
KRS1 Oh so the real sex here is that the btc can be worth many timees what it is..I suppose it can go the other way too. [23:17]
mircea_popescu http://dpaste.com/1579433/ [23:19]
ozbot dpaste: #1579433 [23:19]
assbot [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-] [23:19]
assbot [HAVELOCK] [AM100] 45 @ 0.00596698 = 0.2685 BTC [+] {2} [23:19]
mircea_popescu 295 [23:19]
kakobrekla kako & mp saves the day. [23:19]
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mike_c [SATOSHISDAEMON.HORSE] must have been a winner [23:20]
mircea_popescu nah, it was a filly never ran [23:20]
mircea_popescu she just didn't like running, the owners said. [23:20]
kakobrekla the stakes were high, err, i mean tasty. [23:20]
mircea_popescu anyway, plenty of old assets never traded [23:20]
mircea_popescu like the aforementioned skepsi [23:20]
kakobrekla cmon i thought that was pretty funny [23:21]
mircea_popescu :p [23:21]
mike_c http://2.bp.blogspot.com/-JnxM_vuAsuY/Tzbk6hagwbI/AAAAAAAAAho/5p5kBwiWw54/s1600/sd.jpg [23:21]
mircea_popescu shit, this only goes to march 2013 [23:21]
kakobrekla i wonder if that horse ever saw a stable [23:21]
kakobrekla or was it just down [23:21]
assbot [HAVELOCK] [DEALCO] 26 @ 0.00446998 = 0.1162 BTC [+] [23:22]
assbot [HAVELOCK] [PETA] 15 @ 0.04999994 = 0.75 BTC [+] [23:22]
dub it ran twice [23:22]
mike_c hehe, first race it placed last [23:22]
kakobrekla and last race, he places first, [23:23]
dub two lasts iirc so it went off to be a trail^Wglue horse [23:23]
kakobrekla in stakehouse. [23:23]
assbot [HAVELOCK] [DEALCO] 74 @ 0.00446998 = 0.3308 BTC [+] [23:23]
assbot [HAVELOCK] [AM1] 2 @ 0.624999 = 1.25 BTC [+] [23:23]
dub I had a peice of that [23:23]
dub actually not a bad model [23:23]
mircea_popescu horses ? [23:24]
mike_c selling crappy racehorses? [23:24]
mircea_popescu yeah if you hav someone competent. [23:24]
dub I've got a buddy who owns racehorses actually.. hmm [23:24]
mircea_popescu is he a btc buff ? [23:24]
dub learning [23:24]
kakobrekla you know, bitcoin means "to be a horse" in slovene [23:24]
mircea_popescu hahaha [23:25]
benkay are the glbse assets on that list? [23:25]
mircea_popescu yes, but hang a second, it's incomplete yet. [23:25]
* lnostdal (~lnostdal@2001:8a0:4939:ef01:219d:f529:2334:3eb6) has joined #bitcoin-assets [23:26]
assbot [HAVELOCK] [B.MINE] 1 @ 0.14 BTC [+] [23:27]
mike_c it's funny cuz it's true :) "biti konj" ? [23:27]
mircea_popescu http://dpaste.com/1579444/ < [23:27]
ozbot dpaste: #1579444 [23:27]
mircea_popescu 470, but a whole bunch of mpex options etc. [23:28]
benkay mhm [23:28]
mircea_popescu [OBSI.HRPT] << look at that lol [23:28]
mircea_popescu possibly the cleanest scammer to date. [23:28]
benkay that's not a canonical list though, right? there are other 'security' trading operations not reporting trades in -assets-trades, correct? [23:29]
mircea_popescu benkay everything that ever actually traded since april 2012 till today is in that list, except bitfunder stuff cause Ukyo never got with the program. [23:29]
assbot [HAVELOCK] [AM100] 25 @ 0.00596696 = 0.1492 BTC [-] [23:30]
mircea_popescu so you'd need to add bitfunder, pre-2012 crap (since may 2011, on the forum) and that'd be about it [23:30]
benkay oof [23:30]
benkay much work [23:30]
mircea_popescu such doge! [23:30]
benkay https://bitcointalk.org/index.php?topic=3370.msg54804#msg54804 [23:31]
ozbot Looking for co-investor(s) for credit rating and bail bond system [23:31]
benkay glbception [23:31]
assbot [HAVELOCK] [SFI] 350 @ 0.000848 = 0.2968 BTC [-] [23:32]
mircea_popescu mhm [23:32]
* gesell1 has quit (Quit: Leaving.) [23:33]
mircea_popescu anyway, the true value one receives from completing this monstrous task is attaining a knowledge equal only to the gods themselves. [23:33]
benkay no shit. [23:33]
mircea_popescu tbh making this list, by hand, would be the qualification for being a bitcoin financial analyst. this is the certificate, like in the old days of the guilds, [23:34]
mircea_popescu "go build a boat" [23:34]
mircea_popescu let us rejoice we still live in a time when it's humanly possible, and it doesn't even take a full year [23:34]
mircea_popescu as opposed to the burdened world of fiat, where useless substitutes take four years+ and deliver no actual value. [23:34]
kakobrekla yes mike_c , biti konj [23:34]
kakobrekla but you say it bit koin [23:35]
kakobrekla dont ask. [23:35]
mircea_popescu (which you say donti askj) [23:35]
* smidge has quit (Quit: sorry, but you've mistaken me for someone who gives a fuck...) [23:35]
kakobrekla lol [23:35]
mircea_popescu hehe [23:35]
mircea_popescu http://cascadianhacker.com/blog/2014/01/31_mix-your-coins-for-1-bitbet-as-mixer.html << benkay you don't even need to do all that. just make odds-neutral bets on already existing propositions. [23:36]
ozbot Mix your coins for 1% - Bitbet as Mixer [23:36]
kakobrekla or make a rejected proposition and fund that [23:36]
mircea_popescu eh shuddup [23:36]
mike_c that's basically what he proposed since pi=4 would be rejected [23:37]
kakobrekla why shutup is true [23:37]
kakobrekla :( [23:37]
KRS1 "You Can Raise It But You Can't Spend It" is goddamn perplexing. [23:38]
mike_c how so? [23:38]
kakobrekla mike_c no fees on prop. refunds [23:39]
KRS1 Because like the article states, "At what point over the last two years would [actually using the money] have been a good idea?" [23:39]
mike_c oh yeah, 0% mixer. nice. [23:39]
mircea_popescu yeah, until people start doing this, after which there will be a 5% fucking fee. [23:39]
mike_c hehe [23:39]
mike_c KRS1: yeah, that's the point. don't invest in a company that is going to use the funds for R&D or have fiat-based returns. [23:40]
kakobrekla dont give me that look, i just dont like misinformation [23:40]
mircea_popescu yeah. [23:41]
benkay hang on, why would π=4 get rejected? [23:41]
mike_c cuz it's a bad bet. [23:41]
benkay how is that a bad bet? [23:42]
mike_c um, because nobody would bet on yes? [23:42]
benkay not the criteria. [23:42]
kakobrekla if its not accepted you cant put it on both sides also [23:42]
benkay well, "bad bet" per bitbet faq at least. [23:42]
mircea_popescu btw benkay your footnotes scheme is god damn awful [23:43]
benkay my everything is awful [23:43]
mike_c said the pot to the kettle [23:43]
assbot [HAVELOCK] [AM100] 57 @ 0.00596696 = 0.3401 BTC [-] [23:43]
benkay yeah your footnotes suck too [23:43]
mircea_popescu "Also, bets which are not really bets but moreover advertising, advocacy, rambling nonsense and such are unacceptable on BitBet." [23:43]
mircea_popescu pi=4 falls under rambling nonsense [23:43]
mircea_popescu how do my footnotes suck ?! [23:44]
KRS1 Thats a great article and really "hit home" with me. [23:44]
benkay mouseover text is always broken [23:44]
benkay has always been broken [23:44]
mircea_popescu what! ? [23:44]
mike_c 1) not html-encoded properly [23:44]
mircea_popescu you hating on the #8217 ? [23:44]
mike_c 2) you can't fking read them because they are long and they disappear before you can read the whole thing [23:44]
benkay that ^^ [23:44]
mircea_popescu so click on the thing wtf am i to do [23:45]
mircea_popescu want me to hide your back button too ? [23:45]
mike_c clicking on them disrupts the reading flow too much [23:45]
benkay also iirc your footnotes fuck up your linespacing [23:45]
mircea_popescu but i cant contropl how long your browser keeps tooltips up [23:45]
mircea_popescu mine keeps them forever. [23:45]
mike_c well you could. moar JS. [23:45]
mircea_popescu anyway, YOURS suck more because of the pagination you use which is ugly! [23:45]
benkay well someday when i'm endowed with a reasonable amount of capital i'll pay someone to fix it [23:46]
benkay in the meantime [23:46]
benkay there are words, aren't there? [23:46]
mircea_popescu ^ his [23:46]
jurov http://explo.yt/post/2014/01/31/MPEx%3A-The-Missing-Manual-7-Bonds-and-MPOE-stock [23:46]
ozbot MPEx: The Missing Manual 7 - Bonds and S.MPOE stock - serialized delusions [23:46]
jurov only futures and i'm done [23:46]
mircea_popescu one day when i;m rich ima fix my footnotes [23:46]
mircea_popescu jurov you're never done. [23:46]
jurov lol at least for today [23:47]
jurov er..in fact i'm not. today is opex [23:47]
mircea_popescu lol [23:47]
mircea_popescu just your luck. [23:47]
mike_c the20year: you are turning bitcoin into $, which i think is a bad idea. [23:47]
jurov he is turning them into brick and mortar [23:48]
jurov or at least plywood [23:48]
jurov or dry board? [23:48]
mike_c well, not any [23:48]
mike_c untrue [23:48]
mike_c bitbet, for example, will not crash if BTC appreciates [23:49]
benkay good luck getting btc-denominated rent, the20year [23:49]
ThickAsThieves its revenue would decline [23:49]
mike_c or it would not decline :) [23:49]
ThickAsThieves there are plenty short term investments that could outpace bitcoin [23:50]
mircea_popescu name one ? [23:50]
ThickAsThieves longterm ones, much harder [23:50]
mircea_popescu we just went through this with herbi yest. [23:50]
mike_c bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation [23:50]
ThickAsThieves anything that appreciates in value 10% while bitcoin only moves 2% [23:51]
mircea_popescu i guess we managed to conserve purchasing power parity or what was the line ? [23:51]
mike_c kako works for peanuts [23:51]
ThickAsThieves bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation <<< it's not that simple [23:51]
mircea_popescu ThickAsThieves http://log.bitcoin-assets.com/?date=31-01-2014#468891 [23:52]
ThickAsThieves many bets were made in months ago [23:52]
ThickAsThieves new bets will be smaller [23:52]
mike_c like the february difficulty bet? [23:52]
ThickAsThieves i read that conv mp [23:52]
ThickAsThieves i said short term [23:52]
mircea_popescu a ok. so... not that easy to outpace it. [23:52]
ThickAsThieves not on full timescale [23:52]
mircea_popescu well... he was saying short term too. [23:53]
ThickAsThieves just a slice in time [23:53]
mircea_popescu what's short term here, two weels ? [23:53]
mircea_popescu you can't run corps on a two week horizon. just getting a sale throguh is longer than that. [23:53]
ThickAsThieves 1-90 days at best ;) [23:53]
mircea_popescu think about it. you wanna buy a house. you do dd. that's a week if you're mercury himself. [23:53]
mircea_popescu then engotiate a price. that's a month or two [23:54]
mircea_popescu then you do the paperwork etc. [23:54]
mircea_popescu there's your 90 days [23:54]
ThickAsThieves or, I buy TSLA at 165 and sell at 185 [23:54]
mircea_popescu yeah but see, the convenience of financial speculation is built on some people actually doing operations at some point. [23:55]
mircea_popescu kinda their problems we're discussing [23:55]
ThickAsThieves indeed, TSLA did not actually become $20 more valuable in a few days [23:55]
mircea_popescu moreover, you can arguably have ops w/o speculation, dubious and sickly as that may be [23:56]
mircea_popescu you defo can't have speculation without any ops. [23:56]
ThickAsThieves what about you backing options? [23:56]
ThickAsThieves whats that? [23:56]
ThickAsThieves charity? [23:57]
* btcretouch (~btcretouc@host-2-103-226-158.as13285.net) has joined #bitcoin-assets [23:58]
mircea_popescu kinda. [23:59]
mike_c it's a loss leader [23:59]
mircea_popescu nah. [23:59]
mircea_popescu it's actually the backstop function of government. [23:59]
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