Forum logs for 18 Jan 2014
Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu | https://bitcointalk.org/index.php?topic=417227.msg4532322#msg4532322 | [00:00] |
ozbot | closed | [00:00] |
mircea_popescu | now i've seen everything o.O | [00:00] |
* | lewicki (~lewicki@unaffiliated/lewicki) has joined #bitcoin-assets | [00:01] |
* | smidge has quit (Quit: sorry, but you've mistaken me for someone who gives a fuck...) | [00:02] |
mike_c | 4 hours from launch to failure? the cycle is quickening. | [00:03] |
assbot | [MPEX] [S.MPOE] 16930 @ 0.00084827 = 14.3612 BTC [-] | [00:04] |
Duffer1 | someone took mpoe-prs advice before they lost their ass | [00:05] |
Duffer1 | nice ^.^ | [00:05] |
mircea_popescu | it may be a first actually. | [00:05] |
jborkl | us marshall service going to auction off the SR bitcoins soon | [00:05] |
jborkl | can I pay with Paypal? heh | [00:06] |
mircea_popescu | possibly. | [00:06] |
mircea_popescu | https://bitcointalk.org/index.php?topic=406712.msg4539197#msg4539197 << anyone actually see a purpose to this other than stealing people's coins ? | [00:07] |
ozbot | WalletBuddy 1.10 Released | [00:07] |
mircea_popescu | BingoBoingo https://bitcointalk.org/index.php?topic=420122.0 can you get in ? | [00:07] |
BingoBoingo | mircea_popescu: I've never used that site. Bitbet came around roughly the same time I started using coin. | [00:08] |
mircea_popescu | o for some reason i thought you had an acct | [00:09] |
mircea_popescu | well... does anyone here have a betsofbitco.in account can verify if they split or not yet ? | [00:09] |
assbot | [HAVELOCK] [AM1] 5 @ 0.55999599 = 2.8 BTC [+] {3} | [00:10] |
* | jborkl has quit (Quit: jborkl) | [00:16] |
assbot | [HAVELOCK] [HMF] 4 @ 0.02629999 = 0.1052 BTC [+] {2} | [00:17] |
assbot | [HAVELOCK] [AM100] 21 @ 0.00512285 = 0.1076 BTC [-] {3} | [00:19] |
assbot | [HAVELOCK] [SFI] 485 @ 0.00080242 = 0.3892 BTC [-] {5} | [00:24] |
* | benkay has quit (Ping timeout: 265 seconds) | [00:28] |
Duffer1 | http://www.theonion.com/video/blanket-of-snow-creates-illusion-that-town-not-a-t,34924/ | [00:29] |
ozbot | Blanket Of Snow Creates Illusion That Town Not A Total Shithole | Video | The Onion - America's Fine | [00:29] |
assbot | [HAVELOCK] [CBTC] 3000 @ 0.0000942 = 0.2826 BTC [+] | [00:29] |
assbot | [HAVELOCK] [HMF] 5 @ 0.0263 = 0.1315 BTC [+] | [00:30] |
Duffer1 | thought you might like that 20 :P | [00:30] |
* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [00:32] |
* | ardeay (~Jetscram@wsip-70-166-35-84.sd.sd.cox.net) has joined #bitcoin-assets | [00:33] |
* | jsmith418 has quit (Quit: AndroidIrc Disconnecting) | [00:40] |
* | AusBitBank (~adam@eth491.qld.adsl.internode.on.net) has joined #bitcoin-assets | [00:43] |
KRS1 | damn i love this stuff..bought another bottle | [00:45] |
KRS1 | http://www.goingoutmiami.com/wp-content/uploads/2011/12/New-Fireball-shot1.jpg | [00:45] |
kakobrekla | was dat | [00:45] |
kakobrekla | ah | [00:46] |
kakobrekla | whiskey for kids? | [00:46] |
KRS1 | i guess | [00:46] |
KRS1 | its not like schnapps or anything thick..real smooth | [00:46] |
* | gecko_x2 has quit (Ping timeout: 246 seconds) | [00:47] |
kakobrekla | speaking of drinks, i just gave away a bottle of www.masterofmalt.com/whiskies/yamazaki-12-year-old-whisky/?srh=1 | [00:47] |
MCM-Mike | never tried Yamazaki, will give it a try . did you give it away because you didnt like it or as a gift ? :) | [00:49] |
kakobrekla | i dont drink normally, i buy this shit for gifts. | [00:49] |
kakobrekla | i have no idea if its any good | [00:49] |
kakobrekla | but whats neat is they have samples | [00:49] |
kakobrekla | so you can try it before you buy it | [00:50] |
MCM-Mike | ok :) let see if they shipp to ger | [00:50] |
kakobrekla | they do | [00:50] |
kakobrekla | not my fault if you dont like it :) | [00:51] |
MCM-Mike | np, looks fancy will tell you how I liked it | [00:52] |
kakobrekla | well look around | [00:52] |
kakobrekla | maybe you will see something that looks better to you. | [00:53] |
kakobrekla | i just wanted something that is not easy to get. | [00:53] |
MCM-Mike | saw some single malts which I liked on the page | [00:53] |
kakobrekla | tastings sets prooved to be a nice new years gift. | [00:56] |
mircea_popescu | http://25.media.tumblr.com/d30d85530fd2c80a191379696486fc33/tumblr_mfa9cfSQYV1s0d4v6o1_500.jpg | [00:56] |
assbot | 123! | [00:56] |
kakobrekla | 123 ball! | [00:56] |
mircea_popescu | lol assbot got excited | [00:56] |
kakobrekla | dont you have DMC t o run | [00:57] |
mircea_popescu | whoa did hashpower take a slap or what. | [01:00] |
mircea_popescu | barely 13 atm. | [01:01] |
asciilifeform | batch of boobietrapped asics quit? | [01:01] |
mircea_popescu | .d | [01:01] |
ozbot | 1789546951.05324 | Next Diff in 1202 blocks | Estimated Change: 17.5839% in 6d 20h 45m 44s | [01:01] |
* | cads (~m@24-159-101-83.dhcp.gwnt.ga.charter.com) has joined #bitcoin-assets | [01:01] |
mircea_popescu | i have no idea, but it shed about 30% over the past 6-10 hours | [01:02] |
asciilifeform | or they're changing a transformer at ft. meade. | [01:02] |
mircea_popescu | lol | [01:02] |
mircea_popescu | the us isn't doing 30% by any means. like 8. | [01:02] |
mircea_popescu | usg* | [01:02] |
asciilifeform | USS Satoshi, atomic mining ship (free cooling!) ran aground and bent its dish. | [01:03] |
KRS1 | .bait | [01:03] |
ozbot | http://25.media.tumblr.com/6c650976e3d9ddd877f01a6debd6bc07/tumblr_mfdmd1F5Zg1r4258yo1_500.jpg | [01:03] |
mircea_popescu | http://31.media.tumblr.com/879d51f94c81c28e13c3fb329aa8cd2b/tumblr_msum4b5wJf1ru15g3o1_1280.jpg | [01:04] |
KRS1 | look at all that genetalia..not bad looking but she got baloney for days. | [01:04] |
mircea_popescu | girl knows what she wants and how to get it. | [01:04] |
KRS1 | love how nobody notices the completely naked bitch..must be somewhere in Europe. | [01:05] |
KRS1 | all tha roast beef | [01:06] |
assbot | [MPEX] [S.MPOE] 14330 @ 0.00084845 = 12.1583 BTC [+] {2} | [01:07] |
assbot | [HAVELOCK] [AM1] 2 @ 0.545 = 1.09 BTC [-] {2} | [01:08] |
mircea_popescu | how much electric power do the atomic subs have anyway ? is it 1mw ? | [01:09] |
asciilifeform | up to 500mw, i think | [01:12] |
mircea_popescu | wouldn't do too much hashing. | [01:12] |
mircea_popescu | wait, 500mw ?! | [01:12] |
mircea_popescu | that seems excessive | [01:13] |
kakobrekla | can you get one? | [01:13] |
asciilifeform | one source | [01:13] |
asciilifeform | http://www.world-nuclear.org/info/Non-Power-Nuclear-Applications/Transport/Nuclear-Powered-Ships/ | [01:13] |
ozbot | Nuclear-Powered Ships | Nuclear Submarines | [01:13] |
asciilifeform | "The largest submarines are the 26,500 tonne (34,000 t submerged) Russian Typhoon-class, powered by twin 190 MWt PWR reactors..." | [01:13] |
kakobrekla | hm | [01:15] |
kakobrekla | the floating power station kicks in only 70mw | [01:15] |
mircea_popescu | but that's the nominal thermal output of the reactor or actual useful electricity ? | [01:15] |
kakobrekla | 70mw electricity | [01:15] |
kakobrekla | 300mw heat | [01:15] |
asciilifeform | "... the Los Angeles class submarines formed the backbone of the US SSN (attack) fleet, and 62 were built. They are 6900 dwt submerged, and have a 165 MW GE S6G reactor driving two 26 MW steam turbines." | [01:15] |
mircea_popescu | ya but that's steam | [01:16] |
asciilifeform | so yes, efficiency is not 100 %. | [01:16] |
asciilifeform | to no one's great surprise. | [01:16] |
mircea_popescu | anyway, i guess a nuclear sub could actually hash pretty well. | [01:16] |
asciilifeform | great place to do it, too | [01:16] |
asciilifeform | sea water cooling | [01:16] |
asciilifeform | want bandwidth? tap a fiber... | [01:17] |
kakobrekla | chip density might be a problem | [01:17] |
mircea_popescu | lol the cooling miners part is the least of their problems | [01:17] |
mircea_popescu | they gotta cool the core anyway | [01:17] |
kakobrekla | you are left with bunch of unused elect | [01:17] |
asciilifeform | propulsion screw will readily eat the remainder. | [01:18] |
kakobrekla | oh yeah, that thingy. | [01:18] |
mircea_popescu | it boggles my mind that they can somehow put 1mw through a propeller | [01:18] |
mircea_popescu | da fuck they're made out of, adamantium ? | [01:18] |
kakobrekla | unobtanium | [01:18] |
jurov | large wind turbines have 1MW too | [01:19] |
asciilifeform | 1) there can be >1 prop 2) you can get marine diesels, 100,000 horse. | [01:19] |
jurov | it's doable | [01:19] |
asciilifeform | pistons as wide as a man is tall | [01:19] |
asciilifeform | http://www.boattest.com/images-gallery/News/10000hp8.jpg | [01:20] |
mircea_popescu | that looks like a great orgy apparatus | [01:20] |
Duffer1 | holy crankshaft batman | [01:20] |
kakobrekla | and the reach of these diesel subs? | [01:21] |
kakobrekla | 20miles? | [01:21] |
Duffer1 | hehe | [01:21] |
mircea_popescu | prolly 50-100-200 knots | [01:21] |
KRS1 | dat crankshaft | [01:29] |
assbot | [MPEX] [FT] [X.EUR] 1200 @ 0.00174483 = 2.0938 BTC [+] | [01:32] |
mircea_popescu | so nice to see the euro priced as a few bitcents | [01:35] |
mircea_popescu | i dunno why everyone keeps pricing bitcoin in fiats rather than the fiats in bitcoin. | [01:35] |
mircea_popescu | it's quite obvious which is the correct way. | [01:35] |
assbot | [MPEX] [FT] [X.EUR] 1200 @ 0.00174483 = 2.0938 BTC [+] | [01:35] |
KRS1 | heh | [01:36] |
pankkake | coinion did it | [01:36] |
* | djcoin_ (~d@ppp121-44-1-245.lns20.syd6.internode.on.net) has joined #bitcoin-assets | [01:37] |
* | wonderbread (~bread@ppp59-167-95-209.static.internode.on.net) has joined #bitcoin-assets | [01:37] |
* | wonderbread has quit (Changing host) | [01:37] |
* | wonderbread (~bread@unaffiliated/wonderbread) has joined #bitcoin-assets | [01:37] |
KRS1 | [01:38] | |
KRS1 | [01:38] | |
KRS1 | [01:38] | |
KRS1 | Darwin hasn't caught up to this one yet. | [01:38] |
kakobrekla | ask how much for a buttcoin | [01:39] |
pankkake | what I wonder is why people aren't doing it for euros already | [01:39] |
* | gecko_x2 (relic@84-253-214-157.bb.dnainternet.fi) has joined #bitcoin-assets | [01:39] |
pankkake | I mean fiat | [01:39] |
kakobrekla | they are just not on irc. | [01:39] |
KRS1 | [01:40] | |
KRS1 | dafuq? | [01:40] |
KRS1 | [01:41] | |
KRS1 | now hes begging | [01:41] |
kakobrekla | seems like he will cut in any case | [01:41] |
kakobrekla | he can pay us to watch it. | [01:42] |
* | wonderbread has quit (Client Quit) | [01:42] |
KRS1 | yea im sure..ppl do that all the time like on omeagle | [01:42] |
* | wonderbread (~bread@unaffiliated/wonderbread) has joined #bitcoin-assets | [01:42] |
kakobrekla | anyway nuff of this, go to -otc for more. | [01:42] |
assbot | [MPEX] [FT] [X.EUR] 200 @ 0.00174483 = 0.349 BTC [+] | [01:43] |
assbot | [HAVELOCK] [PETA] 3 @ 0.04870001 = 0.1461 BTC [-] | [01:43] |
kakobrekla | rather check up upon bit billions | [01:44] |
assbot | [HAVELOCK] [PETA] 4 @ 0.0487 = 0.1948 BTC [-] | [01:44] |
mircea_popescu | !t m x.eur | [01:44] |
assbot | [MPEX:X.EUR] 1D: 0.0016245 / 0.00169433 / 0.00174483 (4600 shares, 7.79 BTC), 7D: 0.0016245 / 0.00169433 / 0.00174483 (4600 shares, 7.79 BTC), 30D: 0.0016245 / 0.00188399 / 0.00333333 (10501 shares, 19.78 BTC) | [01:44] |
* | daybyter has quit (Quit: Konversation terminated!) | [01:44] |
mircea_popescu | starting to move a little i guess. | [01:44] |
* | zoinky has quit (Quit: Leaving.) | [01:45] |
assbot | [MPEX] [FT] [X.EUR] 1000 @ 0.00174483 = 1.7448 BTC [+] | [01:46] |
mircea_popescu | http://25.media.tumblr.com/43116952b9aaa9cf7a49d5cb603d30fc/tumblr_mrow7fxBFX1s49lc7o1_1280.jpg << that's KRS1 in the background there. | [01:53] |
KRS1 | Nom nom nom | [01:54] |
* | mjr_ has quit (Ping timeout: 245 seconds) | [01:54] |
KRS1 | perfect..thats my dream girl | [01:54] |
pankkake | pig 'n whistle restaurant? | [01:54] |
KRS1 | Have to feed her first. | [01:54] |
jurov | ;;ticker | [01:55] |
gribble | MtGox BTCUSD ticker | Best bid: 885.005, Best ask: 892.9, Bid-ask spread: 7.89500, Last trade: 892.9, 24 hour volume: 9854.40663961, 24 hour low: 867.43, 24 hour high: 930.0, 24 hour vwap: 894.86934 | [01:55] |
pankkake | she certainly needs feeding | [01:55] |
KRS1 | a tad | [01:55] |
* | mjr_ (~Thunderbi@190.219.169.98) has joined #bitcoin-assets | [01:55] |
* | pizzaman1337 has quit (Read error: Connection reset by peer) | [01:57] |
assbot | [HAVELOCK] [AM1] 1 @ 0.56948997 BTC [+] | [01:59] |
* | mjr_ has quit (Ping timeout: 245 seconds) | [02:03] |
* | mjr_ (~Thunderbi@190.219.169.98) has joined #bitcoin-assets | [02:06] |
* | pizzaman1337 (~pizzaman1@unaffiliated/pizzaman1337) has joined #bitcoin-assets | [02:07] |
assbot | [MPEX] [S.MPOE] 13308 @ 0.00085035 = 11.3165 BTC [+] | [02:09] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [02:10] |
* | jborkl has quit (Client Quit) | [02:10] |
assbot | [MPEX] [S.MPOE] 29600 @ 0.00084798 = 25.1002 BTC [-] | [02:11] |
assbot | [MPEX] [FT] [X.EUR] 2250 @ 0.00195527 = 4.3994 BTC [+] {2} | [02:21] |
assbot | [MPEX] [S.MPOE] 16100 @ 0.00084798 = 13.6525 BTC [-] | [02:22] |
assbot | [MPEX] [FT] [X.EUR] 200 @ 0.0019975 = 0.3995 BTC [+] | [02:22] |
jurov | ;;calc 1/0.0019975 | [02:31] |
gribble | 500.625782228 | [02:31] |
jurov | ;;calc 1/0.00175 | [02:32] |
gribble | 571.428571429 | [02:32] |
jurov | so bearish | [02:33] |
KRS1 | why are markets this way? because it rose up so quick? | [02:34] |
KRS1 | seems there has been good news lately..idk | [02:35] |
kakobrekla | ;;bc,convert eur | [02:35] |
gribble | 1 BTC = 906.625 USD = 669.7238875 eur | [02:35] |
jurov | ;;ticker --last --currency eur --market all | [02:36] |
gribble | MtGox BTCEUR last: 658.33, vol: 1386.72019629 | Bitstamp BTCEUR last: 592.444787, vol: 16631.24159665 | BTC-E BTCEUR last: 597.99996, vol: 398.29529 | CampBX BTCEUR last: 590.96, vol: 163.33309995 | BTCChina BTCEUR last: 599.238717, vol: 4465.72000000 | Volume-weighted last average: 597.811355208 | [02:36] |
KRS1 | i dont think there is anything to blame for the bearish markets..perhaps people are just wanting to sell after the recent run up. | [02:37] |
* | tla has quit (Quit: ChatZilla 0.9.90.1 [Firefox 26.0/20131213131436]) | [02:38] |
jurov | it's going for a week already | [02:39] |
* | mjr_ has quit (Ping timeout: 245 seconds) | [02:40] |
mircea_popescu | maybe btc is actually pricing the eur/usd pair better than the fiat markets ? | [02:40] |
mircea_popescu | ie, not bearish on btc, bullish on eur ? | [02:40] |
KRS1 | interesting..hmm. | [02:41] |
kakobrekla | the differences there are nothing compared to btc | [02:41] |
* | mjr_ (~Thunderbi@190.219.169.98) has joined #bitcoin-assets | [02:41] |
kakobrekla | volatility to be exact | [02:42] |
mircea_popescu | sure, but the thing is... a triangle is a triangle. you never know which si the wrong side. | [02:42] |
kakobrekla | if you have a big exposure to btc you can not possibly whine about a tiny eur usd difference | [02:43] |
KRS1 | nov btc was around $500 this is probably just a correction | [02:43] |
kakobrekla | it would make sense to make btc of eurusd like panacea does | [02:44] |
* | Kushedout has quit (Read error: Connection reset by peer) | [02:44] |
kakobrekla | but i do not think this is the case here | [02:44] |
* | Kushedout (~Kushedout@adsl-69-227-110-178.dsl.irvnca.pacbell.net) has joined #bitcoin-assets | [02:44] |
* | cads has quit (Ping timeout: 272 seconds) | [02:47] |
pankkake | http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/ maybe? | [02:51] |
ozbot | The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road - Forbes | [02:51] |
* | fanquake (~anonymous@unaffiliated/fanquake) has joined #bitcoin-assets | [02:51] |
kakobrekla | those will be auctioned off | [02:52] |
kakobrekla | i bet there are buyers waiting. | [02:52] |
pankkake | buyers that might buy less from the usual exchanges, then | [02:53] |
pizzaman1337 | it seems to be scaring people at least | [02:53] |
kakobrekla | i doubt it | [02:53] |
kakobrekla | this is not for regular folks | [02:53] |
* | fanquake has quit (Client Quit) | [02:56] |
* | fanquake (~anonymous@unaffiliated/fanquake) has joined #bitcoin-assets | [02:56] |
Apocalyptic | [02:58] | |
jurov | no i think it will be buyers who don't like these play exchanges | [02:58] |
jurov | banksters must be pretty scared of how gox and their ilk handles stuff | [02:58] |
pankkake | that's understandable, but I would be surprised if it had no influence | [02:59] |
Apocalyptic | may be a good way for institutional players to get some coins without wreaking the exchange price | [02:59] |
mircea_popescu | kakobrekla you can participate in a public auction, sure, why not | [03:00] |
pankkake | doing it outside of exchanges is pretty much the only way | [03:00] |
pankkake | but they might be buying already; maybe they buy from bitpay or stuff? | [03:00] |
KRS1 | oh wow ebay allowing virt currency sales/trading by feb. | [03:02] |
pankkake | reliable source? | [03:02] |
KRS1 | is coindesk reliable? | [03:02] |
kakobrekla | even if its public, regular folks dont buy such quantities of coin at once | [03:02] |
KRS1 | idk | [03:02] |
KRS1 | http://www.coindesk.com/ebay-uk-virtual-currency-february/ | [03:02] |
* | cads (~m@24-159-101-83.dhcp.gwnt.ga.charter.com) has joined #bitcoin-assets | [03:03] |
pankkake | lol, so they are adding a category | [03:03] |
KRS1 | its certainly not bad news | [03:03] |
mircea_popescu | coindesk is not very reliable, but then again ebay is in fact going to bow to virtuals. | [03:03] |
pankkake | nothing really changing from what is already there really | [03:03] |
pankkake | at least it means they won't ban it | [03:03] |
KRS1 | perhaps more people will at least be exposed to it if they havent already. | [03:04] |
assbot | [HAVELOCK] [SFI] 352 @ 0.0008899 = 0.3132 BTC [-] {3} | [03:05] |
mircea_popescu | i think by now pretty much anyone alive has been so exposed. | [03:09] |
mircea_popescu | the btc rift guild is like 500 people strong, maybe half actually came from trilema, the rest just, randomly, from in game | [03:09] |
mircea_popescu | but anyone i ever talked to knows what btc is | [03:09] |
pankkake | gamers know what is bitcoin | [03:09] |
pankkake | no real surprise | [03:09] |
pankkake | ebay is a slow, bulky, money hungry monster. don't think they'll have bitcoin as a payment anytime soon | [03:10] |
* | IveBeenBit has quit (Ping timeout: 252 seconds) | [03:10] |
* | IveBeenBit (~user@184.75.212.18) has joined #bitcoin-assets | [03:10] |
mircea_popescu | thge funny think is that we did have the opportunity to crush ebay | [03:11] |
mircea_popescu | except we didn't have the talent to do it | [03:11] |
mircea_popescu | and so... it survives. | [03:11] |
pankkake | did? | [03:11] |
mircea_popescu | well, the window is closing. | [03:12] |
pankkake | why? :( | [03:12] |
* | caustiq (~quassel@c-98-246-192-183.hsd1.or.comcast.net) has joined #bitcoin-assets | [03:13] |
mircea_popescu | well that's what windows do lol | [03:13] |
pankkake | so it's closing because it's closing | [03:14] |
pankkake | ebay is good because you are pretty sure you can sell fast at a good price | [03:14] |
kakobrekla | not, its closing because its a window. | [03:14] |
pankkake | why is it a window? | [03:14] |
pankkake | but what if it was painless to list on both? | [03:14] |
mircea_popescu | pankkake well, because time is going by | [03:15] |
pankkake | that's not very helpful | [03:19] |
pankkake | "Havelock is where the future of bitcoin is being made" | [03:19] |
jurov | bitmit was something, but was relentlessly driven to ground | [03:19] |
jurov | and no significant contender appeared | [03:19] |
pankkake | yet! | [03:19] |
* | caustiq_ (~quassel@c-98-246-192-183.hsd1.or.comcast.net) has joined #bitcoin-assets | [03:21] |
kakobrekla | bitmit wasnt something. | [03:21] |
pankkake | it was mostly left to rot | [03:22] |
pankkake | http://divergentdave.github.io/nsa-o-matic/ | [03:23] |
ozbot | NSA-O-Matic | [03:23] |
mircea_popescu | jurov actually the dread pirate guy was a worse threat. | [03:24] |
* | caustiq has quit (Ping timeout: 252 seconds) | [03:24] |
mircea_popescu | pankkake you gotta be kidding me ? what's that ? | [03:24] |
kakobrekla | lol | [03:25] |
kakobrekla | mp's first time on the internet. | [03:25] |
mircea_popescu | wut wut | [03:27] |
kakobrekla | refresh taht page a couple of times. | [03:28] |
kakobrekla | randomized bullshit- | [03:28] |
mircea_popescu | kakobrekla i meant the havelock quote. | [03:28] |
kakobrekla | h. | [03:29] |
kakobrekla | ah | [03:29] |
kakobrekla | nvm then | [03:29] |
pankkake | ooh | [03:29] |
mircea_popescu | which sounded to me like an incredibly lame mp-wannabe moment. | [03:29] |
pankkake | https://bitcointalk.org/index.php?topic=419654.0 another thread made of lols | [03:30] |
ozbot | Cryptostocks Turnaround | [03:30] |
mircea_popescu | lol | [03:30] |
* | mike_c has quit () | [03:30] |
mircea_popescu | most airplanes crashing into the ground spin all the way there. | [03:31] |
kakobrekla | gosh i dont remember last time i played sturmikov | [03:31] |
kakobrekla | must be years. | [03:31] |
mircea_popescu | f-19 ftw! | [03:32] |
assbot | [HAVELOCK] [AM1] 1 @ 0.55988799 BTC [-] | [03:32] |
kakobrekla | its so long i spelled it wrong. | [03:35] |
mircea_popescu | ;;google f-19 micropose | [03:35] |
gribble | F-19 Stealth Fighter - Wikipedia, the free encyclopedia: |
[03:35] |
kakobrekla | ;;google il2 sturmovik | [03:36] |
gribble | IL-2 Sturmovik: Battle of Stalingrad: |
[03:36] |
kakobrekla | the shit. | [03:36] |
KRS1 | ah the good ole days | [03:39] |
asciilifeform | f-19! | [03:42] |
asciilifeform | played that as a boy | [03:42] |
asciilifeform | someone remembers! | [03:42] |
* | x8212 (~pleblond@67.68.238.37) has joined #bitcoin-assets | [03:43] |
mircea_popescu | :D | [03:44] |
mircea_popescu | the day my colonel died... | [03:45] |
mircea_popescu | was such a sad, sad day. | [03:45] |
* | x8212 has quit (Quit: x8212) | [03:52] |
* | benkay has quit (Ping timeout: 246 seconds) | [03:59] |
* | x8212 (~pleblond@67.68.238.37) has joined #bitcoin-assets | [04:01] |
* | x8212 has quit (Client Quit) | [04:01] |
* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [04:09] |
assbot | [HAVELOCK] [SFI] 1000 @ 0.00081495 = 0.815 BTC [-] {3} | [04:20] |
assbot | [MPEX] [S.MPOE] 27350 @ 0.00084699 = 23.1652 BTC [-] {3} | [04:24] |
* | benkay has quit (Ping timeout: 265 seconds) | [04:26] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [04:33] |
* | the20year2 (~the20yr@cpe-65-185-54-18.columbus.res.rr.com) has joined #bitcoin-assets | [04:35] |
* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [04:38] |
* | mike_c (~mike_c@unaffiliated/mike-c/x-9105598) has joined #bitcoin-assets | [04:42] |
* | jborkl has quit () | [04:43] |
mircea_popescu | .d | [04:44] |
ozbot | 1789546951.05324 | Next Diff in 1174 blocks | Estimated Change: 17.5075% in 6d 17h 23m 59s | [04:44] |
the20year2 | cost to issue a stock on mpex if eligible is 25-30btc, right mircea? | [04:45] |
mircea_popescu | you need an account in the first place. other than that, the listing fees are negotiated as part of the listing process. | [04:46] |
assbot | [MPEX] [S.MPOE] 22300 @ 0.00084642 = 18.8752 BTC [-] {3} | [04:51] |
* | twizt has quit (Quit: Page closed) | [04:58] |
* | chsados (~chsados@unaffiliated/chsados) has joined #bitcoin-assets | [05:06] |
assbot | [HAVELOCK] [AM100] 45 @ 0.00534976 = 0.2407 BTC [-] | [05:08] |
the20year2 | k | [05:09] |
* | benkay has quit (Ping timeout: 264 seconds) | [05:11] |
* | BingoBoingo has quit (Ping timeout: 265 seconds) | [05:13] |
* | BingoBoingo (~BingoBoin@unaffiliated/bingoboingo) has joined #bitcoin-assets | [05:14] |
* | ColdHardMetal has quit (Quit: On the other hand, you have different fingers.) | [05:22] |
* | MobGod_ is now known as MobGod | [05:23] |
* | MobGod is now known as Guest44469 | [05:23] |
* | Now talking on #bitcoin-assets | [12:39] |
* | 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 | [12:39] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 | [12:39] |
mircea_popescu | .d | [12:41] |
ozbot | 1789546951.05324 | Next Diff in 1109 blocks | Estimated Change: 18.7157% in 6d 6h 10m 59s | [12:41] |
midnightmagic | mikaeldice MiningBuddy- mircea_popescu mius mixdio_ | [12:45] |
midnightmagic | mikaeldice MiningBuddy- mircea_popescu mius mixdio_ | [12:45] |
KRS1 | hi | [12:52] |
KRS1 | When it comes to bitcoin irc is dead these hours. | [12:52] |
KRS1 | .bait | [12:52] |
ozbot | http://24.media.tumblr.com/9a3af502dd4e547911fd1c6067716764/tumblr_mpz0g4laRh1swgttco1_400.gif | [12:52] |
KRS1 | .bait | [12:52] |
ozbot | http://24.media.tumblr.com/f063571cc0aceb76d29e7f127f1f9dca/tumblr_mj3mp8HKAC1qhs5wyo1_500.jpg | [12:52] |
assbot | [MPEX] [S.MPOE] 20150 @ 0.00084588 = 17.0445 BTC [+] | [12:53] |
KRS1 | .bait | [12:56] |
ozbot | http://25.media.tumblr.com/315cb475f57c7fde3299e54e3e917b55/tumblr_mr731f3blT1rck5gjo1_500.jpg | [12:56] |
KRS1 | .bait | [12:56] |
ozbot | http://25.media.tumblr.com/e6b28e7ac2f2c89e85c587a2f4acf58a/tumblr_mquj6iEP8R1rlftbao1_1280.jpg | [12:56] |
KRS1 | ah my dream girl | [12:56] |
mircea_popescu | http://24.media.tumblr.com/bf22cd5ceefcf8e754e24466e8cc129f/tumblr_muzwn0wo3D1ru15g3o1_500.jpg | [12:56] |
KRS1 | THAT folks is perfection. | [12:56] |
KRS1 | thats what i want for a wife..i thought thats the polish type of looks in a female..german maybe | [12:57] |
KRS1 | bring her to meh | [12:57] |
assbot | [HAVELOCK] [HMF] 4 @ 0.02649999 = 0.106 BTC [+] | [12:59] |
KRS1 | .bait | [13:00] |
ozbot | http://25.media.tumblr.com/233dce634ddb36f51c8bd486a0f9f486/tumblr_mr86bu8RXr1suaakko1_500.jpg | [13:00] |
* | kleinessteak (~kleinesst@g227068023.adsl.alicedsl.de) has joined #bitcoin-assets | [13:00] |
assbot | [MPEX] [S.MPOE] 19115 @ 0.00084898 = 16.2283 BTC [+] | [13:03] |
* | chetty (~chetty@78.96.80.190) has joined #bitcoin-assets | [13:06] |
assbot | [MPEX] [S.MPOE] 6635 @ 0.00084898 = 5.633 BTC [+] | [13:07] |
* | Namworld has quit () | [13:08] |
KRS1 | .bait | [13:09] |
ozbot | http://31.media.tumblr.com/dd23ba0c6ee23a1ceb6a5656ffbf6190/tumblr_mp9oxbde501r21xm5o1_500.jpg | [13:09] |
KRS1 | aw yeah | [13:10] |
ArsKisS | err | [13:10] |
ArsKisS | is it a must to spam the bot | [13:10] |
mircea_popescu | no, he's just lonely | [13:14] |
* | kleinessteak has quit (Ping timeout: 248 seconds) | [13:20] |
KRS1 | yea..been up all night. | [13:24] |
KRS1 | didnt think it was a problem since nobody was here | [13:24] |
assbot | [MPEX] [S.MPOE] 33892 @ 0.00085245 = 28.8912 BTC [+] {2} | [13:27] |
assbot | [MPEX] [S.MPOE] 37954 @ 0.00084683 = 32.1406 BTC [-] {3} | [13:33] |
KRS1 | the bots spam me | [13:34] |
* | KRS1 kicks assbot | [13:34] |
* | HaltingState has quit (Quit: Leaving) | [13:35] |
* | FabianB (~FabianB@unaffiliated/fabianb) has joined #bitcoin-assets | [13:41] |
assbot | [MPEX] [S.MPOE] 18850 @ 0.00084319 = 15.8941 BTC [-] | [13:41] |
* | FabianB_ has quit (Ping timeout: 252 seconds) | [13:41] |
assbot | [MPEX] [S.MPOE] 12800 @ 0.00084318 = 10.7927 BTC [-] {2} | [13:52] |
assbot | [HAVELOCK] [SFI] 477 @ 0.0008201 = 0.3912 BTC [-] {2} | [14:00] |
* | djcoin_ has quit (Quit: djcoin_) | [14:00] |
* | jsmith477 (~jsmith418@108.162.153.218) has joined #bitcoin-assets | [14:03] |
* | jsmith418 has quit (Read error: Connection reset by peer) | [14:04] |
assbot | [MPEX] [S.MPOE] 9572 @ 0.00084753 = 8.1126 BTC [+] {2} | [14:09] |
* | HaltingState (~HaltingSt@162-203-154-218.lightspeed.irvnca.sbcglobal.net) has joined #bitcoin-assets | [14:10] |
* | HaltingState has quit (Changing host) | [14:10] |
* | HaltingState (~HaltingSt@unaffiliated/haltingstate) has joined #bitcoin-assets | [14:10] |
assbot | [MPEX] [S.MPOE] 25059 @ 0.00085151 = 21.338 BTC [+] {2} | [14:17] |
* | HaltingState has quit (Quit: Leaving) | [14:18] |
assbot | [HAVELOCK] [NEOBEE] 36 @ 0.00290319 = 0.1045 BTC [+] {3} | [14:18] |
assbot | [HAVELOCK] [NEOBEE] 282 @ 0.00293251 = 0.827 BTC [+] {3} | [14:19] |
assbot | [HAVELOCK] [NEOBEE] 336 @ 0.0029388 = 0.9874 BTC [+] {2} | [14:20] |
assbot | [MPEX] [S.MPOE] 6500 @ 0.00085266 = 5.5423 BTC [+] | [14:21] |
* | Evolyn__ (~Evolyn@p4FDCCFF4.dip0.t-ipconnect.de) has joined #bitcoin-assets | [14:23] |
ArsKisS | KRS1, silly flood is always a problem | [14:24] |
* | Evolyn_ has quit (Ping timeout: 252 seconds) | [14:26] |
* | CheckDavid has quit (Ping timeout: 248 seconds) | [14:31] |
assbot | [MPEX] [S.MPOE] 32878 @ 0.00085186 = 28.0075 BTC [-] {2} | [14:38] |
assbot | [MPEX] [S.MPOE] 3903 @ 0.00084969 = 3.3163 BTC [-] | [14:41] |
* | wonderbread (~bread@unaffiliated/wonderbread) has left #bitcoin-assets ("Part, part, party") | [14:49] |
assbot | [MPEX] [S.MPOE] 18447 @ 0.00085174 = 15.712 BTC [+] | [14:51] |
assbot | [MPEX] [S.MPOE] 11100 @ 0.0008482 = 9.415 BTC [-] | [15:13] |
assbot | [MPEX] [S.MPOE] 17241 @ 0.00085125 = 14.6764 BTC [+] | [15:20] |
assbot | [MPEX] [S.MPOE] 25200 @ 0.00085196 = 21.4694 BTC [+] {3} | [15:22] |
* | libbelol (~libbelol@80.202.99.213) has joined #bitcoin-assets | [15:32] |
assbot | [HAVELOCK] [AM1] 2 @ 0.569 = 1.138 BTC [+] | [15:43] |
mircea_popescu | fhttp://bitbet.us/bet/727/block-315k-mined-on-or-before-july-28th/ | [15:49] |
mircea_popescu | http://bitbet.us/bet/727/block-315k-mined-on-or-before-july-28th/ even | [15:49] |
ozbot | BitBet - Block 315k mined on or before July 28th | [15:49] |
* | AusBitBank has quit (Ping timeout: 272 seconds) | [15:50] |
assbot | [MPEX] [S.MPOE] 47900 @ 0.00084829 = 40.6331 BTC [-] {3} | [16:07] |
assbot | [MPEX] [S.MPOE] 32100 @ 0.00084578 = 27.1495 BTC [-] {2} | [16:27] |
assbot | [HAVELOCK] [HIF] 358 @ 0.0004 = 0.1432 BTC [-] {2} | [16:33] |
kakobrekla | http://arstechnica.com/science/2011/04/guns-in-the-home-lots-of-risk-ambiguity/ | [16:47] |
ozbot | Guns at home more likely to be used stupidly than in self-defense | Ars Technica | [16:47] |
kakobrekla | hehe | [16:48] |
* | freshcoin_ (~fresh@dt1b0n26.tampabay.res.rr.com) has left #bitcoin-assets ("Leaving") | [17:00] |
mircea_popescu | well doh. | [17:05] |
mircea_popescu | ;;tslb | [17:08] |
gribble | Time since last block: 45 minutes and 36 seconds | [17:08] |
mircea_popescu | that's like the only block past... hour and a half or some shit | [17:08] |
assbot | [HAVELOCK] [AM100] 97 @ 0.00534997 = 0.5189 BTC [-] {2} | [17:15] |
Apocalyptic | .d | [17:22] |
ozbot | 1789546951.05324 | Next Diff in 1080 blocks | Estimated Change: 19.0158% in 6d 0h 46m 13s | [17:23] |
assbot | [MPEX] [S.MPOE] 21200 @ 0.00085285 = 18.0804 BTC [+] | [17:29] |
* | daybyter (~andreas@88-134-90-129-dynip.superkabel.de) has joined #bitcoin-assets | [17:30] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [17:31] |
nubbins` | hi | [17:31] |
mircea_popescu | http://farm8.staticflickr.com/7441/11996535306_41d4085bed_k.jpg | [17:32] |
nubbins` | KRS1: there's been a "Virtual Currency" category on ebay.ca for a while. They wait til you've typed out your item description to tell you that you can't list things in there yet. | [17:32] |
nubbins` | mircea_popescu: many had the opportunity to crush ebay, few put in more than a cursory effort | [17:34] |
mircea_popescu | kinda why being big is a defense. | [17:34] |
* | samson_ has quit () | [17:34] |
nubbins` | nod, look at windows 8. everyone reviles it, then goes out and buys a new computer with it preinstalled | [17:35] |
mircea_popescu | i never bought a computer with software preinstalled wtf. | [17:35] |
nubbins` | shrug, most common way to buy em over here | [17:40] |
nubbins` | big box stores etc | [17:40] |
mircea_popescu | but it's cheaper to buy the parts. | [17:40] |
nubbins` | beyond the average person's ability | [17:40] |
nubbins` | its cheaper to change the oil filter in your car on your own | [17:41] |
nubbins` | few do it | [17:41] |
mircea_popescu | well that's arguably bad for teh environment | [17:41] |
mircea_popescu | anyway, i can see why you wouldn't, to allow the used oil to be collected | [17:41] |
nubbins` | you can bring the collected oil to a garage | [17:41] |
mircea_popescu | this is true | [17:41] |
nubbins` | anyway, countless examples. home-baked bread is maybe 15-20% the cost of store-bought | [17:42] |
nubbins` | given a choice between convenience and thrift, people choose the former | [17:42] |
mircea_popescu | yup. but the reason baking is a required skill is that well... store bought bread is awful | [17:42] |
nubbins` | nod, i can't eat it anymore | [17:42] |
mircea_popescu | i dunno how parents allow women out of the house if they can't bake | [17:42] |
nubbins` | the old-timers here would call it "baker's fluff" | [17:42] |
mircea_popescu | it's a recent perversion this, and quite atrociously antisocial. | [17:43] |
nubbins` | the average set of parents handed off most of their responsibility long ago | [17:43] |
mircea_popescu | also quite atrociously antisocial. | [17:44] |
mircea_popescu | and then these people have the gall to discuss sociopaths. | [17:44] |
nubbins` | nod, such are the times we live in | [17:44] |
mircea_popescu | THEY'RE the sociopaths. | [17:44] |
nubbins` | speaking of pathos, http://www.youtube.com/watch?v=s-S862p69B0 | [17:45] |
assbot | [MPEX] [S.MPOE] 9406 @ 0.00085219 = 8.0157 BTC [-] | [17:46] |
* | HaltingState (~HaltingSt@unaffiliated/haltingstate) has joined #bitcoin-assets | [17:47] |
nubbins` | on an unrelated note, i had a couple questions about stock warrants | [17:49] |
* | KRS1 has quit (*.net *.split) | [17:49] |
* | LorenzoMoney1 has quit (*.net *.split) | [17:49] |
* | AndrewJackson has quit (*.net *.split) | [17:49] |
* | aclot has quit (*.net *.split) | [17:49] |
* | riX2000 has quit (*.net *.split) | [17:49] |
* | bgupta has quit (*.net *.split) | [17:49] |
* | BitOTTer718 has quit (*.net *.split) | [17:49] |
* | Neil has quit (*.net *.split) | [17:49] |
* | mixdio_ has quit (Remote host closed the connection) | [17:51] |
* | kyle_torpey (~kyle_torp@c-75-75-11-195.hsd1.va.comcast.net) has joined #bitcoin-assets | [17:52] |
* | KRS1 (~KRS1@c-50-143-86-143.hsd1.fl.comcast.net) has joined #bitcoin-assets | [17:52] |
* | LorenzoMoney1 (~LorenzoMo@unaffiliated/lorenzomoney) has joined #bitcoin-assets | [17:52] |
* | AndrewJackson (~AndrewJac@117.10.233.220.static.exetel.com.au) has joined #bitcoin-assets | [17:52] |
* | aclot (~crusty@pool-71-174-189-58.bstnma.east.verizon.net) has joined #bitcoin-assets | [17:52] |
* | riX2000 (~riX2000@unaffiliated/rix2000) has joined #bitcoin-assets | [17:52] |
* | bgupta (~bgupta@207-237-250-126.c3-0.80w-ubr1.nyr-80w.ny.cable.rcn.com) has joined #bitcoin-assets | [17:52] |
* | BitOTTer718 (37d5125be9@rider.us) has joined #bitcoin-assets | [17:52] |
* | Neil (~Neil@z236194.dynamic.ppp.asahi-net.or.jp) has joined #bitcoin-assets | [17:52] |
nubbins` | well. at least one question, which will likely lead to some follow-up questions | [17:52] |
Apocalyptic | go ahead nubbins` | [17:55] |
* | jsmith491 (~jsmith418@199-7-156-133.eng.wind.ca) has joined #bitcoin-assets | [17:55] |
nubbins` | don't think you have the answers i'm looking for, but sure: what's the process for redeeming one? | [17:55] |
* | jsmith477 has quit (Ping timeout: 264 seconds) | [17:56] |
nubbins` | not looking to do so at the moment, just curious | [17:56] |
* | kyle_torpey has quit (*.net *.split) | [17:56] |
* | KRS1 has quit (*.net *.split) | [17:56] |
* | LorenzoMoney1 has quit (*.net *.split) | [17:56] |
* | AndrewJackson has quit (*.net *.split) | [17:56] |
* | aclot has quit (*.net *.split) | [17:56] |
* | riX2000 has quit (*.net *.split) | [17:56] |
* | bgupta has quit (*.net *.split) | [17:56] |
* | BitOTTer718 has quit (*.net *.split) | [17:56] |
* | Neil has quit (*.net *.split) | [17:56] |
Apocalyptic | you would in general inform the issuer of your intention to do so | [17:58] |
* | kyle_torpey (~kyle_torp@c-75-75-11-195.hsd1.va.comcast.net) has joined #bitcoin-assets | [17:58] |
* | KRS1 (~KRS1@c-50-143-86-143.hsd1.fl.comcast.net) has joined #bitcoin-assets | [17:58] |
* | LorenzoMoney1 (~LorenzoMo@unaffiliated/lorenzomoney) has joined #bitcoin-assets | [17:58] |
* | AndrewJackson (~AndrewJac@117.10.233.220.static.exetel.com.au) has joined #bitcoin-assets | [17:58] |
* | aclot (~crusty@pool-71-174-189-58.bstnma.east.verizon.net) has joined #bitcoin-assets | [17:58] |
* | riX2000 (~riX2000@unaffiliated/rix2000) has joined #bitcoin-assets | [17:58] |
* | bgupta (~bgupta@207-237-250-126.c3-0.80w-ubr1.nyr-80w.ny.cable.rcn.com) has joined #bitcoin-assets | [17:58] |
* | BitOTTer718 (37d5125be9@rider.us) has joined #bitcoin-assets | [17:58] |
* | Neil (~Neil@z236194.dynamic.ppp.asahi-net.or.jp) has joined #bitcoin-assets | [17:58] |
Apocalyptic | if you're asking about MPex warrants then yeah mircea will probably be in a better pos to answer that | [17:59] |
* | nubbins` groans | [17:59] |
nubbins` | i am indeed, and i'm looking for specifics :) | [17:59] |
Apocalyptic | then i can't help you :) | [17:59] |
* | mixdio (~quassel@quassel.woboq.de) has joined #bitcoin-assets | [17:59] |
* | cads (~m@24-159-101-83.dhcp.gwnt.ga.charter.com) has joined #bitcoin-assets | [18:01] |
* | qxzn has quit (Quit: leaving) | [18:08] |
assbot | [MPEX] [S.MPOE] 30450 @ 0.00085326 = 25.9818 BTC [+] {2} | [18:11] |
mircea_popescu | nubbins` mm ? | [18:13] |
nubbins` | ah yes. not looking to redeem my stock warrant, just wondering what the process is | [18:14] |
mircea_popescu | you state you want it redeemed, and which account it goes to, you're given an address to pay w/e it is to, you pay and have the shares pushed | [18:15] |
nubbins` | well i don't have an account, hence my wondering | [18:15] |
asciilifeform | i suppose i should listen here as well | [18:16] |
assbot | [MPEX] [S.MPOE] 26261 @ 0.00085218 = 22.3791 BTC [-] {2} | [18:17] |
mircea_popescu | nubbins` then you'll have to talk to a broker to take them for you | [18:17] |
nubbins` | i'm admittedly not an expert in the language of fiance, but as far as i can tell, having an mpex account is not a requirement for redeeming a stock warrant | [18:17] |
nubbins` | *finance | [18:17] |
* | rattaTATpowpow (0c463199@gateway/web/freenode/ip.12.70.49.153) has joined #bitcoin-assets | [18:18] |
asciilifeform | mircea_popescu: i recall you mentioned that the user fee will be debited from dividends, when those appear | [18:18] |
mircea_popescu | nubbins` well you'll have to hold the shares somewhere. | [18:19] |
mircea_popescu | asciilifeform um which user fee is that ? | [18:19] |
asciilifeform | the 30. | [18:19] |
nubbins` | ostensibly, sure | [18:19] |
assbot | [MPEX] [S.MPOE] 28950 @ 0.00085427 = 24.7311 BTC [+] {2} | [18:20] |
nubbins` | one could in theory "hold" them as a pgp-signed doc stating ownership of said shares, although i'm not sure what sort of mess that would create | [18:20] |
mircea_popescu | nubbins` that's exactly how one's holding them now innit. | [18:21] |
nubbins` | holding cum != holding a baby, but yes | [18:21] |
rattaTATpowpow | nubbins, i can help facilitate at some point if you want them ob Havelock (this is TAT on the road), though CoinBr might be better | [18:22] |
nubbins` | anyway, there isn't much written regarding redemption, here are the few snippets i could find: | [18:22] |
nubbins` | "Special Stock Warrants (abbreviated SSW) are numbered and GPG signed instruments which create the right for a beneficiary specified by GPG fingerprint to purchase a specified number of S.MG shares directly from MiniGame for a specified price, no earlier than a specified date." | [18:22] |
* | nubbins` has quit (Remote host closed the connection) | [18:23] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [18:23] |
* | nubbins` has quit (Remote host closed the connection) | [18:24] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [18:24] |
nubbins` | nothing like a client that crashes when pasting | [18:24] |
nubbins` | section 3.2 (b) of the IPO | [18:24] |
nubbins` | and the stock warrant itself | [18:25] |
mircea_popescu | the only difference between the ssw and the share is that the ssw receives no dividends until it becomes a share. | [18:25] |
nubbins` | sure, yeah | [18:25] |
rattaTATpowpow | it seems that storing them as warrants makes the most sense no? | [18:26] |
mircea_popescu | but other than that, teh cum is in all respects a baby. | [18:26] |
nubbins` | well realistically i'm going to hold the warrant for a very long time | [18:26] |
mircea_popescu | ssws are like, cold wallets for shares i guess ha | [18:26] |
nubbins` | but it would seem that the requirement to purchase an account on mpex or a broker is an ex post facto condition | [18:26] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [18:27] |
mircea_popescu | not more than the requirement to have some sort of container is an ex post facto condition on buying milk. | [18:27] |
rattaTATpowpow | can you sell warrants? | [18:27] |
* | jborkl has quit (Client Quit) | [18:27] |
Apocalyptic | I thought all issued warrants were tied to a GPG fingerprint of a registered MPex key | [18:28] |
nubbins` | they are indeed tied to fingerprints | [18:28] |
mircea_popescu | Apocalyptic to a gpg fingerprint yes, but it doesn't have to be a key. | [18:28] |
Apocalyptic | ok, I see | [18:28] |
nubbins` | nah, you can buy milk without a container. the farmer will happily squirt it into your mouth or on the ground | [18:28] |
rattaTATpowpow | lol | [18:29] |
nubbins` | to perfect the analogy, consider the case where a gallon if milk is $4 and containers from the farmer cost $6 | [18:29] |
asciilifeform | liquid nitrogen actually. this situation is abundantly true there. | [18:30] |
* | lippoper has quit (Read error: Connection reset by peer) | [18:30] |
mircea_popescu | well you can squirt it on he ground if you want, sure. | [18:30] |
asciilifeform | contents cost a few $, container, a few hundy | [18:30] |
asciilifeform | (visit local welding shop if you don't believe) | [18:30] |
mircea_popescu | i doubt farmers will hook your head to the machinery because of the risk of being sued afterwards :D | [18:30] |
asciilifeform | gas shop won't pour the LN2 in your clasped hands either. | [18:31] |
nubbins` | haha. too true. luckily there's no such recourse in btc land | [18:31] |
nubbins` | anyway, the text of the stock warrant and the ipo could be interpreted a few ways | [18:32] |
* | nubbins` has quit (Remote host closed the connection) | [18:32] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [18:32] |
* | nubbins` has quit (Remote host closed the connection) | [18:32] |
mircea_popescu | all text can be interpreted an infinite number of ways | [18:33] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [18:33] |
mircea_popescu | kinda what xor is there for | [18:33] |
nubbins` | coffee or tea, sure | [18:33] |
nubbins` | anyway, not trying to be a pest, but there's a few points here that i think a dissection of would be interesting | [18:33] |
mircea_popescu | so go ahead | [18:34] |
nubbins` | ipo, section 1 | [18:34] |
* | tla (~tla@unaffiliated/tla) has joined #bitcoin-assets | [18:35] |
nubbins` | [SSWs] are numbered and GPG signed instruments which create the right for a beneficiary specified by GPG fingerprint to purchase a specified number of S.MG shares directly from MiniGame" | [18:35] |
nubbins` | SSW #3: "S.MG will not process or administed any assignments of this Warrant by or among third parties" | [18:36] |
nubbins` | on the surface, these two statements appear to cut MPEx out of the picture altogether | [18:36] |
nubbins` | IPO section 3.2(b) offers 3 conditions for future share issuance; the first two conditions explicitly list MPEx as the venue, whereas the third, dealing with stock warrants, makes no mention of MPEx | [18:37] |
assbot | [MPEX] [S.MPOE] 15442 @ 0.00085438 = 13.1933 BTC [+] {2} | [18:38] |
mircea_popescu | yes, but these being contracts made by smg they're ancillary to its ipo agreement which is also its incorporation charter. | [18:39] |
mircea_popescu | as s.mg can not issue shares on another venue, that's what it is. | [18:39] |
nubbins` | another venue, sure. i couldn't ask you to issue my shares on, say, uh... wait, are there even any play exchanges left? | [18:39] |
nubbins` | but that doesn't preclude a direct issuance of shares | [18:40] |
mircea_popescu | there's no such thing as "direct issuance of shares" | [18:41] |
mircea_popescu | shares are what they are, not what some noobs thought they were, in the glbse days. | [18:41] |
nubbins` | back to SSW #3: "[PGP fingerprint] shall be issued [x] new S.MG shares upon payment of [y] BTC to S.MG" | [18:41] |
nubbins` | suppose a warrant holder pays [y] BTC to S.MG, and then announces they don't have an mpex account | [18:42] |
nubbins` | one side of the contract has been fulfilled | [18:42] |
mircea_popescu | they can't, cause tey have to say what their acct is before they can pay. | [18:42] |
nubbins` | ah, sure | [18:43] |
assbot | [MPEX] [S.MPOE] 20168 @ 0.00085107 = 17.1644 BTC [-] | [18:43] |
nubbins` | suppose at some point down the road, S.MG happens to publish a BTC address that they control | [18:44] |
mircea_popescu | but it did already | [18:45] |
nubbins` | oh? | [18:45] |
mircea_popescu | o s.mg you mean nm | [18:45] |
nubbins` | yah | [18:45] |
nubbins` | even something as inocuous as "feel free to donate btc to S.MG for feature improvement at 1SmgFeaturesblah1234" | [18:46] |
nubbins` | a warrant holder sends [y] BTC to said address | [18:46] |
nubbins` | they've fulfilled the conditions of the SSW | [18:46] |
mircea_popescu | no, they merely sent some donation btc. | [18:47] |
nubbins` | you say donation, they say payment. | [18:48] |
mircea_popescu | they don't get to say. | [18:49] |
mircea_popescu | because bitcoin payments can not be refused by the receiver, it logically follows that any published address will be treated exactly as the owner describes. | [18:49] |
mircea_popescu | the sender gets no say. | [18:49] |
mircea_popescu | just like the receiver gets no say on whether he receives or not. | [18:49] |
mircea_popescu | this separation is actually one of the best things bitcoin is doing, even if few people had so far teh mental penetration to realise it. | [18:50] |
nubbins` | we're back to ex post facto. payment has a specific definition | [18:50] |
* | lippoper (~lippoper@c-71-196-123-139.hsd1.fl.comcast.net) has joined #bitcoin-assets | [18:50] |
assbot | [HAVELOCK] [PETA] 9 @ 0.04999997 = 0.45 BTC [+] {2} | [18:50] |
nubbins` | i eat a meal at a restaurant, head to the cash register, "oh sorry we don't take cash" | [18:51] |
nubbins` | sure, yes, unfortunately the analogy fails at this point | [18:51] |
rattaTATpowpow | thats why you dont get the shares first | [18:52] |
nubbins` | lel | [18:52] |
nubbins` | one of the reasons why, yes | [18:52] |
assbot | [HAVELOCK] [AM100] 35 @ 0.00534986 = 0.1872 BTC [-] | [18:52] |
nubbins` | "S.MG will not process or administer any assignments of this Warrant by or among third parties" | [18:53] |
nubbins` | ^ is MPEx considered a third party | [18:53] |
nubbins` | ? | [18:53] |
mircea_popescu | payment does have a specific definition, sure. | [18:55] |
lippoper | they only take bitcoins | [18:56] |
mircea_popescu | and i suppose mpex would be a 3rd party except it seems moot ? what's the case, mpex wants to buy your warrant outside of itself ? | [18:58] |
* | saulimus has quit (Quit: saulimus) | [18:58] |
nubbins` | what's mpex? all i've got is a warrant that mentions S.MG | [18:59] |
mircea_popescu | this strikes me sort-of like the girl going to the gynecologist who says "don't let anyone stick his thing in there for two weeks", at which point she replies "are you anyone ?!" | [19:00] |
nubbins` | heh! | [19:00] |
mircea_popescu | well... he's not about to take her on a date, so it's moot. | [19:00] |
nubbins` | this entire discussion is moot, but worth having nonetheless | [19:01] |
mircea_popescu | so yeah, s.mg would at no point be processing assignments of the warrant between its holder and mpex. | [19:01] |
mircea_popescu | quote the contrary, mpex processes assignments between the holder and s.mg | [19:01] |
nubbins` | ah, yes, i see | [19:01] |
nubbins` | more accurate would be "S.MG will not process or administer any assignments of this Warrant", full stop | [19:02] |
nubbins` | that would make for a strange document indeed | [19:02] |
mircea_popescu | and my fucking champagne froze | [19:03] |
mircea_popescu | bloody hell... | [19:03] |
nubbins` | we're in full spring here, 15C yesterday | [19:03] |
mircea_popescu | nubbins` the idea is that if you decide to trade it to x, and x to y, and y to zee, | [19:03] |
mircea_popescu | it's your damned business to sort it out, and s.mg isn't getting involved. | [19:03] |
nubbins` | but if "S.MG will not process or administer any assignments of this Warrant"... the IPO contradicts that, when it defines an SSW | [19:04] |
mircea_popescu | among third parties yo. | [19:04] |
nubbins` | "...to purchase a specified number of S.MG shares directly from MiniGame" | [19:04] |
nubbins` | directly! | [19:05] |
mircea_popescu | so on paper 1 it says "we don't handle third party assignments" and on paper 2 it says "this is for buying directly" | [19:05] |
mircea_popescu | seems oddly coherent to me | [19:05] |
mircea_popescu | almost as if the same hand had written both. | [19:05] |
nubbins` | sure, so what's the process for me buying my shares directly from S.MG? | [19:06] |
mircea_popescu | you notify s.mg that X mpex account will be taking Y share delivery on this here warrant of yours. | [19:07] |
mircea_popescu | s.mg tells you where to send the btc, | [19:07] |
mircea_popescu | after which X account has the shares. | [19:07] |
assbot | [HAVELOCK] [MS] 60 @ 0.005 = 0.3 BTC | [19:08] |
nubbins` | so there's an implied, but not stated, 30BTC charge for redeeming an SSW | [19:09] |
mircea_popescu | how do you figure ? | [19:09] |
nubbins` | no account, no redemption | [19:10] |
nubbins` | no mention in the SSW | [19:10] |
mircea_popescu | that's not the case tho. | [19:10] |
mircea_popescu | you can redeem just fine, you just can't redeem to your own account if you don't have one | [19:10] |
mircea_popescu | which seems logical. | [19:10] |
mircea_popescu | o. you're reading the "no third party assignments" to mean you can't have someone else's X ? | [19:11] |
mircea_popescu | that's not at all what it says. | [19:11] |
nubbins` | well, it's an ambiguous statement. | [19:11] |
mircea_popescu | it merely says X can't come and say here, i have an assigment by nubbins, on his warrant, so please accept MY pgp as a valid signature to redeem shares. | [19:11] |
nubbins` | i took it to mean that S.MG would only issue the shares to an account with the same fingerprint as the SSW | [19:12] |
mircea_popescu | not at all, no. | [19:12] |
mircea_popescu | it will issue shares to any arbitrary fingerprint, | [19:12] |
mircea_popescu | just as long as the original fingerprint quoted in the warrant signs for it. | [19:12] |
nubbins` | sure, okay | [19:12] |
mircea_popescu | yeah, i see why that'd irk, that other way. | [19:12] |
nubbins` | (this was my original intention anyway) | [19:13] |
nubbins` | have had a few nibbles | [19:13] |
assbot | [HAVELOCK] [KCIM] 90 @ 0.00315 = 0.2835 BTC [+] | [19:13] |
nubbins` | it may be worth clarifying some of these points | [19:13] |
nubbins` | in further issuances | [19:13] |
mircea_popescu | i don't believe in long contracts. | [19:13] |
mircea_popescu | let people ask. caselaw ftw. | [19:13] |
nubbins` | i live in a commonwealth country, caselaw is all we have ;p | [19:14] |
mircea_popescu | that's how the jooz did it too. | [19:14] |
mircea_popescu | and the italians, fwiw. | [19:14] |
nubbins` | (not much) | [19:15] |
nubbins` | anyway, interesting instruments, SSWs, and this should be illuminating text for current and future holders of such instruments | [19:16] |
mircea_popescu | yeah. | [19:17] |
nubbins` | you mentioned earlier about the inability to refuse payments to a published address | [19:17] |
nubbins` | this was the classic "cover your ass" tactic of those who bought illegal items on SR and other websites | [19:18] |
mircea_popescu | you mean sold ? | [19:18] |
nubbins` | nah, bought. purchaser slightly misspells their name when placing an order | [19:18] |
nubbins` | package arrives, is brought indoors and left on a table, unopened | [19:19] |
nubbins` | cops burst in, guns drawn | [19:19] |
mircea_popescu | hahaha i never heard of it, but hey, whatever floats teh boat. | [19:19] |
nubbins` | purchaser shrugs, says "how can i control who sends me packages?" | [19:19] |
nubbins` | "they didn't even get my name right!" | [19:19] |
mircea_popescu | did this actually ever happen ? | [19:19] |
mircea_popescu | outside of reddit i mean | [19:19] |
nubbins` | heh. just a thought experiment, but all the elements of plausible deniability are there | [19:20] |
mircea_popescu | all the elements of plausible deniability as reddit imagines them. | [19:20] |
nubbins` | consider that one could send a kilo of cocaine to a reviled politician | [19:20] |
mircea_popescu | but you AREN'T a reviled politician. | [19:20] |
nubbins` | no, but i know several of them | [19:20] |
nubbins` | what's stopping me from mailing a key to one of them and then tipping off the cops? | [19:21] |
mircea_popescu | good for you, but still, anon dork wants judge to believe someone hates him enough to blow 10k on it ? | [19:21] |
mircea_popescu | or w/e a kilo of coke goes for these days | [19:21] |
nubbins` | replace politician with neighbour, key of coke with handful of LSD | [19:21] |
mircea_popescu | except the package wasn't sent by the neighbour. | [19:21] |
mircea_popescu | someone with no prior contact sends you some lsd, you probably bought it. | [19:22] |
mircea_popescu | you know, plausible is in there for a reason. | [19:22] |
nubbins` | let's suppose i hate my pill-head neighbours | [19:22] |
mircea_popescu | why do you hate them ? | [19:22] |
nubbins` | because they smash bottles in the road all the time. | [19:22] |
mircea_popescu | did you ever make a formal complaint ? | [19:22] |
nubbins` | cops are there more frequently than houseguests | [19:23] |
mircea_popescu | but that aside, you actually did ? | [19:23] |
nubbins` | oh yeah, several times | [19:23] |
mircea_popescu | okay, gowon | [19:23] |
nubbins` | so i throw some pills into a box, write their address on the front, stick it in the mail | [19:23] |
mircea_popescu | except they can track packages you know | [19:24] |
nubbins` | call the cops again and say "i heard them talking about receiving a shipment of pills in the mail" | [19:24] |
mircea_popescu | that pakcage came from w/e, chicago. | [19:24] |
nubbins` | it came from the same city, even. | [19:24] |
mircea_popescu | not from across the hall. | [19:24] |
nubbins` | doesnt matter the origin | [19:24] |
mircea_popescu | says who lol | [19:24] |
nubbins` | what, people don't send mail inter-city? | [19:24] |
mircea_popescu | they do, but people don't hate their neighbours inter-city. | [19:25] |
mircea_popescu | in that those aren't neighbours. | [19:25] |
* | jsmith418 (~jsmith418@108.162.153.218) has joined #bitcoin-assets | [19:25] |
nubbins` | so i drive 20 minutes to a post office in the next community | [19:25] |
nubbins` | small inconvenience if i want my pillhead neighbours out of my hair | [19:25] |
mircea_popescu | do you sign for the package when you send it ? | [19:25] |
nubbins` | no, of course not | [19:26] |
mircea_popescu | can you send anon packages nao ? | [19:26] |
nubbins` | it's only a few pills. a padded envelope and a stamp will do. | [19:26] |
nubbins` | you always could | [19:26] |
assbot | [HAVELOCK] [AM100] 22 @ 0.0051224 = 0.1127 BTC [-] | [19:26] |
assbot | [HAVELOCK] [AM1] 1 @ 0.54601011 BTC [-] | [19:26] |
nubbins` | you could fit 1000 hits of LSD in an envelope | [19:26] |
mircea_popescu | so your defense hinges on the jury buying the theory someone is stalking you. | [19:26] |
nubbins` | i don't have a defense, i'm not in the picture | [19:26] |
mircea_popescu | if you're a dweeby teenaged male with no social circle this won't stick, | [19:26] |
mircea_popescu | say all trial attorneys ever. | [19:27] |
nubbins` | the pill-heads defense is that someone is framing them | [19:27] |
mircea_popescu | yes is what i meant. | [19:27] |
* | CheckDavid (~david@unaffiliated/checkdavid) has joined #bitcoin-assets | [19:27] |
nubbins` | the prosecutor's argument is that a frame job is ludicrous | [19:27] |
assbot | [HAVELOCK] [AM1] 1 @ 0.54600011 BTC [-] | [19:27] |
nubbins` | and the pillheads go off to jail | [19:27] |
nubbins` | or do they! | [19:27] |
mircea_popescu | likely. | [19:27] |
mircea_popescu | it's not much of a plausible denial, so far. | [19:27] |
* | jsmith491 has quit (Ping timeout: 260 seconds) | [19:28] |
nubbins` | so for the cost of a stamp and a couple of pills, you can send someone to trial | [19:28] |
mircea_popescu | sure. | [19:28] |
nubbins` | possibly to jail | [19:28] |
mircea_popescu | and for the cost of a drink you can send someon to bed. | [19:28] |
mircea_popescu | possibly to the maternity ward | [19:28] |
mircea_popescu | it's just how life works. | [19:28] |
nubbins` | heh | [19:28] |
nubbins` | anyway, judges here are generally practical people who realize that they live in the real world | [19:29] |
mircea_popescu | kinda what i mean. | [19:29] |
mircea_popescu | the judge will warn you and let you off if its your first time | [19:29] |
nubbins` | if anything, the fact that i've complained about my pill-head neighbours so many times would lend much credence to my story, should i be caught with a package full of drugs in my mailbox | [19:29] |
mircea_popescu | likely it isn't your first time. | [19:30] |
nubbins` | "must have been those pill heads, they hate me and they're into drugs" | [19:30] |
mircea_popescu | yeah, except until the cops ransack your place and find 5 sets of opened similar packages cause your gf can't be bothered to take out the trash | [19:31] |
assbot | [HAVELOCK] [CBTC] 1700 @ 0.000094 = 0.1598 BTC [-] | [19:31] |
assbot | [MPEX] [S.MPOE] 8877 @ 0.00085446 = 7.585 BTC [+] {2} | [19:31] |
mircea_popescu | leave aside if they actually had been stealing your trash for the past 5 months. | [19:31] |
assbot | [MPEX] [S.MPOE] 23723 @ 0.0008558 = 20.3021 BTC [+] | [19:32] |
nubbins` | well that's just being sloppy | [19:32] |
mircea_popescu | like all junkies ever. | [19:33] |
nubbins` | what's the story on casual drug use in romania, anyway? | [19:33] |
nubbins` | something like 50-60% of canadians admit to smoking marijuana | [19:34] |
mircea_popescu | i'd be surprised if a teenager in 10 actually ever had actual drugs of any kind. | [19:34] |
nubbins` | although i always had the impression that eastern europeans didn't bother too much with the softer drugs | [19:34] |
nubbins` | HEH. you should visit a high school here. | [19:34] |
nubbins` | it's practically canadian culture at this point | [19:35] |
mircea_popescu | sucks. | [19:35] |
nubbins` | pros and cons. the uninspired continue to be uninspired | [19:35] |
mircea_popescu | mno. normally the population is more or less balanced, ever the marginally worthless can pull their own weight. get a job, pay the rent. | [19:36] |
mircea_popescu | with drugs, 90% of the population ends up costing more than it's worth, and half of what by such a wide margin even salami is a poor use. | [19:36] |
* | contrapumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets | [19:36] |
nubbins` | marginally worthless pulling their own weight -- is this before welfare became a thing? | [19:37] |
* | copumpkin has quit (Ping timeout: 248 seconds) | [19:37] |
mircea_popescu | welfare is not yet a thing in romania. | [19:37] |
nubbins` | o wow | [19:37] |
nubbins` | so you can't get paid to sit on your ass your entire life? | [19:37] |
mircea_popescu | minimum wage is like 150 bucks | [19:37] |
mircea_popescu | a month. | [19:37] |
mircea_popescu | and for that you do 8 hours 5 days a week. | [19:38] |
pankkake | minimum wage isn't really welfare. well, it encourages other kinds of welfares | [19:38] |
nubbins` | to calibrate, what's a loaf of bread cost? | [19:38] |
mircea_popescu | about a dollar. | [19:38] |
nubbins` | (store-bought, natch) | [19:38] |
nubbins` | ah, so let's see | [19:38] |
mircea_popescu | rents are about 3-500 for anything you'd live in. | [19:39] |
nubbins` | going by a loaf of bread, that 150 bucks would be about $525/mo here | [19:39] |
mircea_popescu | well... what's a gallon of milk there ? it's about 7 bucks here by now. | [19:39] |
mircea_popescu | gas is ~2 dollars a liter so like 8 a gallon | [19:40] |
nubbins` | ~$4.50 for two liters, although being on an island with few cows, it's understandably more costly than mainland canada | [19:40] |
mircea_popescu | in short : breat is a poor comparison point (partly because most women being able to bake bread keeps bakeries honest) | [19:40] |
nubbins` | hop on a ferry and it's maybe $5/gallon for milk | [19:40] |
nubbins` | gas is $1.30-$1.50 a liter | [19:40] |
mircea_popescu | so life is actually cheaper in canada. | [19:41] |
pankkake | bread is poison anaway | [19:41] |
mircea_popescu | noitsnot. | [19:41] |
nubbins` | rents for a 1br apartment start around 7-800 | [19:41] |
mircea_popescu | yeah, rents in america are a racket. | [19:42] |
mircea_popescu | i'll give you that. | [19:42] |
nubbins` | nod | [19:42] |
* | daybyter has quit (Quit: Konversation terminated!) | [19:42] |
nubbins` | 5 years ago you could rent the same place for 450-500 | [19:42] |
mircea_popescu | anyway, i don't think it's significantly different, tbh. | [19:42] |
nubbins` | nah | [19:42] |
nubbins` | cost of living is generally calibrated towards min wage, more or less | [19:42] |
nubbins` | with some hardship, sure, but what do you expect | [19:43] |
mircea_popescu | well i tell you, in general a student chick is either living in a four to the room dorm or else five-six chicks in an apartment, here. giving her her own place is a larger step up than her education would afford. | [19:43] |
nubbins` | how about electricity, $/kWh? | [19:43] |
nubbins` | to be fair, that's maybe the most vulnerable to regional variation | [19:44] |
nubbins` | yeah, you don't find many single young people living on their own here | [19:44] |
nubbins` | either still with folks or in a house with 3-6 others | [19:44] |
mircea_popescu | it varies a lot but about 10 cents | [19:45] |
mircea_popescu | then again romania has excellent infrastructure, lot of hidro, lot of nuclear. | [19:45] |
nubbins` | 11 cents here, all coal-fired | [19:45] |
nubbins` | well, mostly coal-fired | [19:45] |
nubbins` | some hydro | [19:45] |
mircea_popescu | they do this thing where they give it @2 cents/kwh to old geezers etc. so some very passible welfare sort of hting | [19:46] |
nubbins` | massive hydro project coming online in "2017", will increase rates dramatically for us while providing cheaper electricity to other provinces and american markets | [19:46] |
mircea_popescu | lol | [19:46] |
nubbins` | yeah, real boondoggle | [19:46] |
nubbins` | largest coal plant on the island is ~10 years beyond expiry date | [19:47] |
nubbins` | the rolling outages started this winter and are expected to continue for the next four winters | [19:47] |
* | MobGod_ has quit (Quit: Leaving...) | [19:47] |
* | MobGod (~mobgod@unaffiliated/mobgod) has joined #bitcoin-assets | [19:47] |
nubbins` | hydro megaproject is actually located in mainland canada, connected to the island by undersea cables and then above-ground cables passing through a mountain range | [19:48] |
* | contrapumpkin is now known as copumpkin | [19:48] |
nubbins` | repair time for a downed line? 1 month | [19:48] |
nubbins` | needless to say, you can't buy a generator or a bottle of kerosene here at the moment | [19:48] |
nubbins` | propane shortages since early december | [19:48] |
mircea_popescu | i don't get this bs. how can a market economy experience shortages, at all. | [19:49] |
nubbins` | companies blame weather conditions, citizens blame complacency and lack of planning/foresight | [19:49] |
mircea_popescu | planning is not part of market erconomy. | [19:50] |
the20year2 | Who's economy? | [19:50] |
mircea_popescu | everyone's moved on to a planned/command economy and refuse to admit it. | [19:50] |
nubbins` | tell the citizens that | [19:50] |
* | ArsKisS has quit () | [19:50] |
nubbins` | in fact, the lack of planning was on the part of the citizens | [19:50] |
nubbins` | but few will admit their complete failure to plan for the unexpected | [19:50] |
the20year2 | Futures contracts are a part of a market economy | [19:51] |
the20year2 | which should smooth winter costs for fuel | [19:51] |
nubbins` | much easier to complain about shortages than to address the fact that they caused said shortages by rushing to stock up on fuel when the outages begin | [19:51] |
nubbins` | the20year: costs remain constant, availability doesn't :) | [19:51] |
the20year2 | Depends on how contracts were written, they can be written to deal with availability. A market economy could also see the need for fuel/goods and transport them | [19:52] |
nubbins` | generally "scalping" doesn't happen here, so there's that, at least | [19:52] |
nubbins` | well, the need for fuel wasn't visible for many until substations started exploding | [19:53] |
the20year2 | Sort of like when hurricane sandy hit NY/NJ this year, instead of letting gas go up 50c a gallon they just let the stations run out. Fuel companies could have brought in fuel for an extra 25c-50c a gallon, but the states ruled it illegal | [19:53] |
nubbins` | yeah | [19:53] |
nubbins` | TBF the weather did play a small role in the availability. all supplies are brought here by boat | [19:53] |
nubbins` | we received i think 140cm of snow in december, without any melt | [19:54] |
nubbins` | average is ~60 | [19:54] |
the20year2 | you'd think with average snowfall that high you'd have people prepare | [19:54] |
the20year2 | but who wants to do that? it takes effort | [19:54] |
nubbins` | YOU'D THINK | [19:54] |
nubbins` | compounded by the fact that there are a lot of "McMansions" being built by those who made their fortunes in the oil and gas industry | [19:55] |
nubbins` | and 90% of new builds use electric for the primary heat source | [19:55] |
the20year2 | I told everyone I knwo for the past 2-3 years they need to be buying backup propane hosue heaters and fuel, hardly anyone did it. And now we've had this freeze that's really caused problems | [19:55] |
nubbins` | and the same 35-40yo coal generating plant pumping out the kWs | [19:55] |
the20year2 | Yeah | [19:55] |
nubbins` | a generation ago, nobody gave a fuck when the lights went out | [19:55] |
the20year2 | here in the US the coal plant would be producing less and less due to more regulations | [19:55] |
nubbins` | throw another log in the wood stove | [19:56] |
nubbins` | today, you have communities setting up "warming centres" when the lights go out | [19:56] |
nubbins` | oh, i was mistaken, that plant burns oil | [19:57] |
nubbins` | #6 fuel oil | [19:57] |
nubbins` | that's what, one step away from crude? | [19:57] |
nubbins` | anyway, capacity was last upgraded in 1989 | [19:57] |
assbot | [MPEX] [S.MPOE] 32950 @ 0.00085425 = 28.1475 BTC [-] | [19:59] |
nubbins` | relevant quote from "survivorman" les stroud: | [20:01] |
nubbins` | "You won't see me crying when the power goes out. It's your own responsibility to keep warm, that's yourself and the vulnerable, so just deal with it. It's not the government's fault." | [20:01] |
* | transito (~TransistO@modemcable093.28-202-24.mc.videotron.ca) has joined #bitcoin-assets | [20:01] |
* | rattaTATpowpow has quit (Ping timeout: 272 seconds) | [20:10] |
assbot | [HAVELOCK] [CFIG] 2 @ 0.0828 = 0.1656 BTC [+] {2} | [20:12] |
* | Evolyn__ is now known as Evolyn | [20:20] |
mircea_popescu | [20:21] | |
mircea_popescu | in a coal fired county ?! by people who made their fortune in energy ?! | [20:22] |
mircea_popescu | end of the fucking world. | [20:22] |
assbot | [HAVELOCK] [AM1] 2 @ 0.546 = 1.092 BTC [-] | [20:22] |
assbot | [MPEX] [S.MPOE] 6649 @ 0.00085425 = 5.6799 BTC [-] | [20:26] |
* | Duffer1 (~chatzilla@c-98-232-231-188.hsd1.or.comcast.net) has joined #bitcoin-assets | [20:26] |
assbot | [HAVELOCK] [AM1] 2 @ 0.5455 = 1.091 BTC [-] {2} | [20:35] |
* | zoinky (~Adium@unaffiliated/zoinky) has joined #bitcoin-assets | [20:36] |
* | transfix (~nahz@67-198-110-245.dyn.grandenetworks.net) has joined #bitcoin-assets | [20:41] |
* | HaltingState has quit (Quit: Leaving) | [20:41] |
nubbins` | well, a generation ago, 90% of new builds had oil furnaces | [20:41] |
nubbins` | today, an oil furnace will bleed your wallet dry over the course of a winter | [20:41] |
nubbins` | when selling a house, oil heat is a huge negative these days | [20:42] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [20:44] |
mircea_popescu | i don't get this. how is electricity cheaper ? | [20:45] |
nubbins` | oil furnaces in homes burn #1 or #2 fuel oil | [20:45] |
nubbins` | power plant burns #6 | [20:45] |
nubbins` | lower grade + bulk purchasing | [20:46] |
* | jborkl has quit (Client Quit) | [20:46] |
* | cads has quit (Ping timeout: 260 seconds) | [20:47] |
mircea_popescu | nothing but rackets that place. | [20:48] |
nubbins` | what's one to do, tho | [20:52] |
Duffer1 | we could vote! | [20:53] |
Duffer1 | lol :( | [20:53] |
assbot | [HAVELOCK] [DEALCO] 59 @ 0.00270918 = 0.1598 BTC [-] {3} | [20:53] |
assbot | [MPEX] [S.MPOE] 12431 @ 0.00085443 = 10.6214 BTC [+] | [20:55] |
nubbins` | Duffer1: perhaps the biggest lel of modern history | [21:00] |
Duffer1 | indeed | [21:00] |
assbot | [HAVELOCK] [NEOBEE] 67 @ 0.00294 = 0.197 BTC [+] | [21:01] |
nubbins` | democracy came about as a way for power-hungry low-borns to claw their way to the top | [21:01] |
nubbins` | turns out the power-hungry aren't necessarily the best people to be placed in positions of power | [21:01] |
pankkake | isn't it the modern panem et circenses? | [21:02] |
nubbins` | one form of it, yes | [21:02] |
* | cads (~m@24-159-101-83.dhcp.gwnt.ga.charter.com) has joined #bitcoin-assets | [21:02] |
nubbins` | http://en.wikipedia.org/wiki/Idiot#Etymology | [21:04] |
ozbot | Idiot - Wikipedia, the free encyclopedia | [21:04] |
nubbins` | at one time, an idiot was one who was unconcerned with public affairs | [21:04] |
nubbins` | to a point, this original definition still fits | [21:05] |
pankkake | I'd like to be an idiot then | [21:06] |
nubbins` | it's not that hard to pull off. | [21:06] |
nubbins` | side note, "nub" is a synonym of "pith" | [21:09] |
assbot | [MPEX] [S.MPOE] 7800 @ 0.00085221 = 6.6472 BTC [-] {2} | [21:20] |
nubbins` | t-shirts with public keys printed on them, think there's a market? | [21:21] |
* | caustiq (~quassel@c-98-246-192-183.hsd1.or.comcast.net) has joined #bitcoin-assets | [21:23] |
nubbins` | probably the nerdiest t-shirt i can think of | [21:24] |
nubbins` | but surprisingly economical if you order even just two | [21:24] |
* | benkay (~user@c-24-20-235-54.hsd1.wa.comcast.net) has joined #bitcoin-assets | [21:24] |
benkay | hey asses | [21:26] |
assbot | [MPEX] [S.MPOE] 54166 @ 0.00085008 = 46.0454 BTC [-] {3} | [21:29] |
nubbins` | OH HI | [21:30] |
nubbins` | what's new | [21:36] |
benkay | q4->q1 drought looks to end soon | [21:36] |
* | benkay hustles harder | [21:36] |
nubbins` | nice | [21:37] |
nubbins` | i was just floating the idea of bespoke t-shirts with one's public pgp key printed on the front | [21:37] |
benkay | i want my pubkey embossed on my business card now that i think about it | [21:38] |
benkay | subtle neckbeardery | [21:38] |
benkay | or on a dog tag | [21:39] |
assbot | [HAVELOCK] [AM100] 39 @ 0.00512033 = 0.1997 BTC [-] {5} | [21:43] |
assbot | [MPEX] [S.MPOE] 17000 @ 0.00084927 = 14.4376 BTC [-] | [21:43] |
* | daybyter (~andreas@88-134-92-138-dynip.superkabel.de) has joined #bitcoin-assets | [21:44] |
* | benkay has quit (Ping timeout: 260 seconds) | [21:48] |
nubbins` | heh | [21:52] |
nubbins` | black ink on a black shirt, even | [21:52] |
nubbins` | need to catch the light to see the pubkey | [21:52] |
nubbins` | imagine the nightmare of transcribing that | [21:52] |
assbot | [HAVELOCK] [AM1] 2 @ 0.548 = 1.096 BTC [+] | [21:52] |
* | Meistarin (Nsaiswatch@the.feds.nullrouted.me) has left #bitcoin-assets ("Closing Window") | [21:56] |
* | Namworld (Namworld@modemcable041.115-177-173.mc.videotron.ca) has joined #bitcoin-assets | [22:02] |
assbot | [HAVELOCK] [HMF] 10 @ 0.0264999 = 0.265 BTC [-] | [22:06] |
assbot | [MPEX] [S.MPOE] 26881 @ 0.00085299 = 22.9292 BTC [+] {3} | [22:07] |
kakobrekla | benkay: doge coin for doge | [22:10] |
assbot | [HAVELOCK] [AM100] 49 @ 0.00534107 = 0.2617 BTC [+] {2} | [22:12] |
assbot | [MPEX] [S.MPOE] 21166 @ 0.00085005 = 17.9922 BTC [-] | [22:16] |
* | djcoin_ (~d@ppp121-44-47-18.lns20.syd6.internode.on.net) has joined #bitcoin-assets | [22:30] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [22:35] |
assbot | [MPEX] [S.MPOE] 53900 @ 0.00084808 = 45.7115 BTC [-] {3} | [22:35] |
* | tyrion70 (~Adium@unaffiliated/tyrion70) has joined #bitcoin-assets | [22:35] |
* | jborkl has quit (Client Quit) | [22:37] |
* | lolstate has quit (Quit: lolstate) | [22:40] |
* | tyrion70 has quit (Ping timeout: 252 seconds) | [22:44] |
assbot | [MPEX] [S.MPOE] 11611 @ 0.00084686 = 9.8329 BTC [-] | [22:44] |
* | tyrion70 (~Adium@unaffiliated/tyrion70) has joined #bitcoin-assets | [22:50] |
* | kleinessteak (~kleinesst@f051042187.adsl.alicedsl.de) has joined #bitcoin-assets | [23:05] |
* | mjr_ (~Thunderbi@190.219.169.98) has joined #bitcoin-assets | [23:07] |
deadweasel | where's my "Got land? Thank Whitey!" tshirt, nubbins` ? | [23:15] |
* | nanotube has quit (*.net *.split) | [23:19] |
* | imsaguy has quit (*.net *.split) | [23:19] |
* | smidge has quit (*.net *.split) | [23:19] |
* | Pucilowski_ has quit (*.net *.split) | [23:19] |
* | rodgort has quit (*.net *.split) | [23:19] |
* | ystarnaud has quit (*.net *.split) | [23:19] |
* | lnostdal has quit (*.net *.split) | [23:19] |
* | Azelphur has quit (*.net *.split) | [23:19] |
* | random_cat has quit (*.net *.split) | [23:19] |
* | mius has quit (*.net *.split) | [23:19] |
* | nanotube (~nanotube@unaffiliated/nanotube) has joined #bitcoin-assets | [23:20] |
* | imsaguy (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets | [23:20] |
* | smidge (~smiddel@HSI-KBW-134-3-254-127.hsi14.kabel-badenwuerttemberg.de) has joined #bitcoin-assets | [23:20] |
* | random_cat (~random_ca@gateway/tor-sasl/randomcat/x-49498005) has joined #bitcoin-assets | [23:20] |
* | mius (~mius@gateway/tor-sasl/mius) has joined #bitcoin-assets | [23:20] |
* | Pucilowski_ (~pucilowsk@146.185.175.17) has joined #bitcoin-assets | [23:20] |
* | rodgort (~rodgort@li125-242.members.linode.com) has joined #bitcoin-assets | [23:20] |
* | ystarnaud (ystarnaud@209.18.59.195) has joined #bitcoin-assets | [23:20] |
* | lnostdal (~lnostdal@80.202.49.15) has joined #bitcoin-assets | [23:20] |
* | Azelphur (~Azelphur@azelphur.com) has joined #bitcoin-assets | [23:20] |
* | AusBitBank (~adam@eth491.qld.adsl.internode.on.net) has joined #bitcoin-assets | [23:25] |
* | Kushedout has quit (Read error: Connection reset by peer) | [23:29] |
* | Kushedout (~Kushedout@adsl-69-227-110-178.dsl.irvnca.pacbell.net) has joined #bitcoin-assets | [23:29] |
* | caustiq has quit (Ping timeout: 248 seconds) | [23:31] |
assbot | [MPEX] [S.MPOE] 12900 @ 0.00084571 = 10.9097 BTC [-] | [23:32] |
nubbins` | deadweasel: 0.06 btc and it's yours | [23:39] |
nubbins` | that's with both lines on the front tho, extra cost if you want it split back & front ;( | [23:39] |
* | kleinessteak has quit (Ping timeout: 272 seconds) | [23:43] |
* | nubbins` has quit (Remote host closed the connection) | [23:44] |
* | btclovernick (~mark@171.65.238.130) has joined #bitcoin-assets | [23:44] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [23:44] |
* | nubbins` has quit (Remote host closed the connection) | [23:46] |
* | tyrion70 has quit (Read error: Connection reset by peer) | [23:49] |
* | tyrion70 (~Adium@unaffiliated/tyrion70) has joined #bitcoin-assets | [23:49] |
* | nubbins` (~nubbins`@stjhnf0148w-142134196038.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [23:49] |
* | tyrion70 has quit (Client Quit) | [23:53] |
* | kleinessteak (~kleinesst@f051042187.adsl.alicedsl.de) has joined #bitcoin-assets | [23:59] |
Category: Logs