---

search trilema search all chans

---

00:06	assbot	[HAVELOCK] [AM100] 62 @ 0.00315 = 0.1953 BTC [-]
00:07	assbot	[HAVELOCK] [NEOBEE] 45 @ 0.002899 = 0.1305 BTC [-]
00:14	assbot	[MPEX] [S.MPOE] 4100 @ 0.00081379 = 3.3365 BTC [+]
		~ 16 minutes ~
00:30	assbot	[HAVELOCK] [NEOBEE] 155 @ 0.0028999 = 0.4495 BTC [+]
00:31	assbot	[HAVELOCK] [AM100] 50 @ 0.00327958 = 0.164 BTC [+] {6}
00:44	assbot	[HAVELOCK] [NEOBEE] 76 @ 0.0029 = 0.2204 BTC [+]
		~ 22 minutes ~
01:07	assbot	[HAVELOCK] [VTX] 4 @ 0.1501275 = 0.6005 BTC [-] {2}
01:09	assbot	[HAVELOCK] [NEOBEE] 198 @ 0.00289999 = 0.5742 BTC [-] {2}
01:10	assbot	[HAVELOCK] [NEOBEE] 344 @ 0.0029 = 0.9976 BTC [+]
01:11	assbot	[HAVELOCK] [AM1] 1 @ 0.34883791 BTC [+]
01:19	assbot	[HAVELOCK] [AM1] 4 @ 0.34883941 = 1.3954 BTC [+] {3}
01:20	assbot	[HAVELOCK] [AM1] 2 @ 0.34883993 = 0.6977 BTC [+]
01:23	Namworld	Can anyone remind me why I have to run after people to pay them hundreds or thousands of dollars? or even 10000s for a few people?
01:26	BingoBoingo	Namworld: Because your worth as a person is only worth the reputation attached to your Public keys?
01:27	Namworld	I must be really dirty then
01:30	BingoBoingo	Namworld: Maybe?
01:31	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.00289999 = 0.145 BTC [-]
01:31	BingoBoingo	It may have been prudent to write a contract before starting these things limiting your responsibility so you aren't pursuing this Sisyphean task until death?
01:32	Namworld	1KyzwMAYUcUGwF8rs3CZdwgmVcDZ543U7x
01:32	Namworld	arf, damn it.
01:32	Namworld	Not the right paste
01:33	BingoBoingo	If we are just pasting addresses 1LvCuntsJyFFQsLuJhBXBPokbQa7SAyMr4
01:39	Namworld	Nah, didn't want to paste that.
		~ 32 minutes ~
02:12	assbot	[HAVELOCK] [CBTC] 5000 @ 0.00010121 = 0.5061 BTC [-]
02:15	benkay	oh hey wouldja lookit that mircea_popescu fixed the footnotes on trilema
02:16	benkay	oh no jokes my bad there's totally character coding shit still in there and etc
02:18	assbot	[HAVELOCK] [NEOBEE] 76 @ 0.00289999 = 0.2204 BTC [-]
02:18	assbot	[MPEX] [S.MG] 5000 @ 0.000158 = 0.79 BTC [+]
02:27	assbot	[HAVELOCK] [NEOBEE] 345 @ 0.0029 = 1.0005 BTC [+]
02:30	assbot	[HAVELOCK] [NEOBEE] 344 @ 0.0029 = 0.9976 BTC [+]
		~ 27 minutes ~
02:57	assbot	[HAVELOCK] [AM1] 8 @ 0.348425 = 2.7874 BTC [-] {2}
		~ 16 minutes ~
03:14	assbot	[HAVELOCK] [HIF] 1500 @ 0.00048786 = 0.7318 BTC [+] {2}
03:15	assbot	[HAVELOCK] [NEOBEE] 250 @ 0.0029 = 0.725 BTC [+]
03:25	assbot	[HAVELOCK] [NEOBEE] 100 @ 0.0029 = 0.29 BTC [+]
03:26	assbot	[HAVELOCK] [HIF] 363 @ 0.00048789 = 0.1771 BTC [+]
		~ 29 minutes ~
03:55	assbot	[HAVELOCK] [NEOBEE] 51 @ 0.0029 = 0.1479 BTC [+]
03:56	KRS|gotyawallet	Namworld: I'll do it for you for 10% of their payment. np.
03:56	assbot	[HAVELOCK] [NEOBEE] 170 @ 0.00288 = 0.4896 BTC [-]
03:56	KRS|gotyawallet	Mark it down as brokerage fee services on their tab.
03:58	BingoBoingo	KRS|gotyawallet: Ever drink an incredible hulk?
04:05	assbot	[HAVELOCK] [NEOBEE] 344 @ 0.0029 = 0.9976 BTC [+]
04:06	KRS|gotyawallet	no? i think i've heard of it..got Jaegermeister in it?
04:08	assbot	[HAVELOCK] [AM1] 2 @ 0.34883993 = 0.6977 BTC [+]
04:10	assbot	[MPEX] [S.MPOE] 2700 @ 0.00081258 = 2.194 BTC [-]
04:11	assbot	[MPEX] [S.MPOE] 2450 @ 0.00081379 = 1.9938 BTC [+]
04:11	assbot	[HAVELOCK] [NEOBEE] 687 @ 0.0029 = 1.9923 BTC [+]
04:13	Vexual	my ghetto mining rig now cooks eggs
04:16	Vexual	any way youy like
		~ 21 minutes ~
04:37	Vexual	enthalpy and entropy
		~ 16 minutes ~
04:53	assbot	[MPEX] [S.MPOE] 5500 @ 0.00081379 = 4.4758 BTC [+]
		~ 28 minutes ~
05:22	assbot	[HAVELOCK] [AM1] 2 @ 0.34 = 0.68 BTC [-]
05:24	assbot	[HAVELOCK] [NEOBEE] 39 @ 0.0029 = 0.1131 BTC [+]
05:32	assbot	[HAVELOCK] [HIF] 494 @ 0.00046001 = 0.2272 BTC [-]
05:40	Vexual	Australia really is a US petri dish
05:40	Vexual	This article from two hours ago, from our supossedly, yet state funded press...
05:40	Vexual	http://www.abc.net.au/news/2013-12-04/unlikely-alleged-east-timor-spying-illegal-under-australian-law/5134138
05:40	ozbot	Would spying on East Timor by the Australian Secret Intelligence Service be illegal? - Fact Check -
05:41	Vexual	the fact check logo is new
05:42	Vexual	it may be an oversight, but the real story is that this ASIS agent, and his lawyer, preparing to appear in a hauge court where they have been summoned, have been relieved of all their documents by other agents on PNG soil.
05:43	BingoBoingo	Vexual: Only soil I recognize is GPG soil
05:43	Vexual	true dat
05:45	BingoBoingo	If only there were a "Nation of Bitcoin" tattoo
05:45	Vexual	i think the signals directorate has our press
05:45	Vexual	lots of antarctica is still up for grabs
05:49	assbot	[MPEX] [S.MPOE] 3655 @ 0.00081141 = 2.9657 BTC [-]
05:52	Vexual	stealing 3 billion of gas per annum is just business
05:56	Vexual	but trying to cover it up to protect the way the info was obtained is an exercise in futility, fact check or no
06:10	Vexual	you can't force nayone to use gpg, but you can sign your kids up for a jungle war easily enough
06:10	jurov`	http://jdbif7.blogspot.sk/2013/12/btc-raise-to-us-1800-can-happen-this.html rumor mill is on
06:10	ozbot	BTC raise to US$ 1800 can happen this week !! - JDBIF - The Bitcoin Investment Fund.
06:11	Vexual	id take some of that 10000 2014 bet
06:15	Vexual	but im far more interested in the exchange rate bedoming irrelevant
06:26	KRS|gotyawallet	Vexual: whats up slut
06:29	assbot	[HAVELOCK] [CBTC] 1597 @ 0.00010121 = 0.1616 BTC [-] {2}
06:29	mircea_popescu	sooo... some sr contender nobody heard of had ~100k btc in its wallets ?
06:31	KRS|gotyawallet	wallet? where?
06:32	mircea_popescu	;;google bitcoin sheep markety
06:32	gribble	Online black market members hunt down $100 million in bitcoins ...: <http://www.theverge.com/2013/12/2/5167670/sheep-marketplace-bitcoin-heist-nets-at-least-5-million-owners-blamed>; Huge bitcoin heist: Black market drug shop Sheep Marketplace ...: <http://blogs.computerworld.com/cybercrime-and-hacking/23217/huge-bitcoin-heist-black-market-drug-shop-sheep-marketplace- (1 more message)
06:33	mircea_popescu	bbc has it at 5mn (ie, 5k btc, which seems reasonable)
06:33	mircea_popescu	verge, computerworld and the rest of the trade rags quite 100mn
06:34	dub	http://samy.pl/skyjack/
06:34	ozbot	SkyJack - autonomous drone hacking
06:35	mircea_popescu	ha
06:42	mircea_popescu	dub:
06:42	mircea_popescu	true to form the usual tard brigade took the bait, gmax and phantomcircuit << lawl.
06:42	mircea_popescu	dub i suppose someone should tell them my henchman snackman was jus' trolling them
06:43	mircea_popescu	kakobrekla : http://log.bitcoin-assets.com/?date=04-12-2013 check it out, all lines by KRS|gotyawallet are blank.
06:44	mircea_popescu	BingoBoingo lol that got her well fuming. apparently it's some scammy thing that is trying to pretend like they're less scammy because they're associated with credible people, by the procedure of giving those people free shares they never asked for.
06:44	kakobrekla	blank?
06:45	kakobrekla	can you link to a particular blank line
06:45	mircea_popescu	ytes, and his name is misquoted
06:45	KRS|gotyawallet	can you describe the blank line, sir.
		↖
06:45	mircea_popescu	shit
06:45	kakobrekla	http://log.bitcoin-assets.com/?date=04-12-2013#405107
06:45	mircea_popescu	i misread a blank line because your name is so long it bumps the table
06:45	ozbot	#bitcoin-assets log
06:45	kakobrekla	works?
06:45	dub	did they get piped to yr wallet
06:45	kakobrekla	a
06:46	mircea_popescu	my bad.
06:46	KRS|gotyawallet	see
06:46	mircea_popescu	dub who ?
06:46	KRS|gotyawallet	the magic behind my method is teh pipe
06:46	mircea_popescu	lol. i kept reading KRS : blabla, gotyawallet: blank line
06:46	KRS|gotyawallet	and I have a big pipe.
06:46	kakobrekla	hm it breaks at | eh
06:47	kakobrekla	stupid |.
06:47	pankkake	there are some css options for tables to avoid it IIRC
06:47	mircea_popescu	asciilifeform actually, the application where you generate all bitcoin addresses whose private key is an ascii string
06:48	mircea_popescu	is probably going to make someone a few bitcoin down the road.
06:49	mircea_popescu	dub:
06:49	mircea_popescu	bonus points for firing acetone charged magnets at the sun to generate extra gamma particles <<< bwhaahahajh omfg
06:49	mircea_popescu	;;rated dub
06:49	gribble	You rated user dub on Wed Dec 19 17:11:23 2012, with a rating of 1, and supplied these additional notes: he's been around a while..
06:49	mircea_popescu	well i ain't changing that, but you should start your own troll school./
06:50	KRS|gotyawallet	i lost my gpg key..should have known better than to create it on a company computer =/
06:50	mircea_popescu	never create on company computers
06:50	mircea_popescu	they're paying you not to.
06:51	KRS|gotyawallet	you'd think i'd know better being in IT 14+ years..did it on my laptop..just too lazy.
06:51	pankkake	can you change your OTC GPG key?
06:51	mircea_popescu	not really.
06:51	KRS|gotyawallet	i dont work any more..i just do this stuff now..ty btc
06:51	pankkake	that sucks
06:51	mircea_popescu	no it doesn't.
06:52	mircea_popescu	suppose i show up one day to find my gpg key was helpfully changed.
06:52	pankkake	actually, you can. changekey command
06:52	KRS|gotyawallet	i've got 20 btc on a hard drive around here somewhere but i'm just too lazy to find it.. meh
06:52	mircea_popescu	um
06:52	pankkake	I'm thinking of changing mine to a stronger one
06:52	mircea_popescu	;;changekey
06:52	gribble	(changekey <keyid>) -- Changes your GPG registered key to <keyid>. <keyid> is a 16 digit key id, with or without the '0x' prefix. We look on servers listed in 'plugins.GPG.keyservers' config. You will be given a random passphrase to clearsign with your key, and submit to the bot with the 'verify' command. You must be authenticated in order to use this command.
06:52	mircea_popescu	well ya but this presumes you have the old one.
06:52	KRS|gotyawallet	oh kickass
06:53	KRS|gotyawallet	=/
06:53	pankkake	of course
06:53	mircea_popescu	a nm then
06:53	mircea_popescu	i was thinking fo the other case.
06:53	mircea_popescu	as he had said he lost his.
06:53	pankkake	yeah…
06:53	pankkake	didn't save a revocation stuff either?
06:54	KRS|gotyawallet	i quit and told them they could keep their fucking laptop..think they'll let me get my shit off it?
06:54	mircea_popescu	ask nicely the chick in hr with the big boobs
06:54	KRS|gotyawallet	she's more petite and has braces..Mmmm..
06:56	mircea_popescu	;;later tell benkay http://trilema.com/2013/the-art-of-making-friends-and-influencing-people-versus-stockholm-syndrome/#comment-96511
06:56	gribble	The operation succeeded.
06:57	jamespeerless	micea_popescu: continuing discussion from yesterday.. since you have a new address per user per bet, don't you end up with a ton of addresses with a tiny amount of coin in them? what do you do with them once the bet is over?
06:58	mircea_popescu	jamespeerless not moreso than the average site taking bitcoin
06:58	mircea_popescu	if you look at the stats, Confirmed bets: 7123 Confirmed total: 9,728 BTC
06:58	mircea_popescu	that means the avg bet is > 1btc
06:58	jamespeerless	good point
06:58	mircea_popescu	bitpay wishes it could say the same thing
06:58	jamespeerless	:P
06:59	mircea_popescu	what are you gonna do, you know ? consolidate them.
07:00	mircea_popescu	there is some discussion on this topic over at
07:00	mircea_popescu	;;google bitcoind not ready for prime time
07:00	mircea_popescu	meh no gribs ?
07:00	gribble	Western Union Says Bitcoin Not Ready For Primetime – Bitcoin ...: <http://bitcoinmagazine.com/7692/western-union-says-bitcoin-not-ready-for-primetime/>; Bitcoin's New All-time High: Exploring the Latest Bubble – Bitcoin ...: <http://bitcoinmagazine.com/8104/bitcoins-new-all-time-high-exploring-the-latest-bubble/>; Western Union Says Bitcoin Not Ready For Primetime - Kitco (1 more message)
07:00	mircea_popescu	http://trilema.com/2013/bitcoind-not-quite-ready-for-prime-time/
07:01	Duffer1	has bitcoin already surpassed western union in terms of value transmitted?
07:01	ozbot	Bitcoind : not quite ready for prime time pe Trilema - Un blog de Mircea Popescu.
07:01	mircea_popescu	Duffer1 it's impossible to accurately calculate the value bitcoin transmits
07:04	jamespeerless	wow just sad that
07:04	jamespeerless	sounds pretty crappy
07:04	jamespeerless	read*
07:04	mircea_popescu	well... it's a prototype.
07:04	mircea_popescu	not intended to be put into production.
07:06	jamespeerless	so because of these limitations sounds like you need to do some manual work to resolve payouts
07:06	assbot	[HAVELOCK] [NEOBEE] 344 @ 0.0029 = 0.9976 BTC [+]
07:09	mircea_popescu	well 1. payouts are done with a lot of human supervision anyway ;
07:09	mircea_popescu	2. i doubt anyone uses unpatched bitcoin code anymore.
07:10	mircea_popescu	as best as i can determine everyone is on some trunk from .4 to .6 with a bunch of in house patches
07:10	mircea_popescu	it's possible that a significant chunk of users (by headcount) are on .7/.8 or w/e
07:11	assbot	[HAVELOCK] [NEOBEE] 500 @ 0.0029 = 1.45 BTC [+] {2}
07:11	mircea_popescu	however, wallets made by those versions won't see a significant chunk of actual bitcoins... likely ever.
07:11	jamespeerless	by the newer versions? why not?
07:11	mircea_popescu	cause the credibility of the dev team is somewhere between nil and epsilon
07:11	jamespeerless	heh
07:12	assbot	[HAVELOCK] [NEOBEE] 300 @ 0.0029 = 0.87 BTC [+] {2}
07:12	jamespeerless	so your outlook on the future of bit coin protocol is bleak?
07:12	mircea_popescu	im not sure what you're asking.
07:12	mircea_popescu	but anyway, rather than have you shoot in the dark, here's the story :
07:13	jamespeerless	if you're saying the current dev's contributing to bit coin are no good and its clear bit coin will require more work to be 'production ready' then without some change the future is bleak
07:13	jamespeerless	is what i meant
07:13	mircea_popescu	1. bitcoin was released as a prototype. that means something specific, and what it means doesn't include "to be used for any actual purpose". prototypes are there to test.
07:13	mircea_popescu	2. people started using it anyway, because it was there. this is how things usually work.
07:13	mircea_popescu	3. once satoshi left the dev team never recovered. it's roughly what the linux dev team would be if linus left.
07:14	mircea_popescu	basically a collection of people with poor iq and worse skills, hanging on because they perceive this as sexy, and imagine hanging on makes them somehow important.
07:15	mircea_popescu	4. at the right time (ie 2012) i pointed out to them that their only chance to maintain any semblance of relevance is to fully specify the code.
07:15	mircea_popescu	this, obviously, is a very hard task. they, aware of their intellectual limitations, eschewed this task.
07:15	mircea_popescu	5. the situation has evolved in the exact direction i was expecting : absent a specification everyone is using their own in house concoctions.
07:16	ThickAsThieves	i smell a blog post coming on
07:16	mircea_popescu	this will aggravate over time, with miners and large merchants all pushing on the code,
07:16	jamespeerless	how can it work if everyone is using their own in-house modified version yet they all need to communicate together
07:16	mircea_popescu	and with "the network accepts it" as pretty much the only measure of good or evil.
07:16	mircea_popescu	well that's just it, the network blindly decides.
07:17	mircea_popescu	this will be a major resource black hole in the coming years, but it does not threaten the system itself.
07:17	mircea_popescu	if anything, it makes the system stronger.
07:17	KRS|gotyawallet	the anatomy of a blog post
07:17	mircea_popescu	it DOES however threaten any one actor, and ESPECIALLY actors acting on deluded presumptions,
07:17	mircea_popescu	such as the snackman kid.
07:18	jamespeerless	doesn't this lend itself to a couple big corps from releasing their own widely adopted forks.. similar to os x and the 5000 flavors of linux?
07:18	assbot	[MPEX] [S.MPOE] 13545 @ 0.00081026 = 10.975 BTC [-]
07:18	mircea_popescu	no.
07:18	mircea_popescu	because, again, bitcoin is about money.
07:18	mircea_popescu	as long as those big corps don't actually have big btc, they aren't big corps
07:18	mircea_popescu	they just thing themselves big.
07:18	ThickAsThieves	how does one "release" a "widely adopted" fork?
07:18	mircea_popescu	exactly.
07:18	mircea_popescu	0.8 is a widely adopted fork.
07:18	mircea_popescu	so ?
07:18	pankkake	see web browsers and web servers
07:19	mircea_popescu	i've had people spend 1000s of hours modelling this point, as it's the one most important point in all bitcoin
07:19	jamespeerless	yeah guess as long as they don't have any way to make money off of it, it won't happen
07:19	mircea_popescu	i'm not seeing anything particularly worrisome
07:19	pankkake	or, in p2p, the most popular networks: ed2k and bittorrent
07:19	pankkake	so many implementations talking to each other
07:20	mircea_popescu	ThickAsThieves i suppose i should put this up ion trilema too, even out the chances of teh populous a little.
07:20	ThickAsThieves	plus you need to have any new predictions in published record :)
07:20	ThickAsThieves	so i can scowl with happiness at you in the future
07:20	mircea_popescu	lol this is more like predictions of the past
07:21	ThickAsThieves	yes, but you can apply your thought to the current state of things, allowing for new more appropriate predictions
07:22	ThickAsThieves	like the disbandment of the dev team maybe?
07:22	ThickAsThieves	i suppose theyll claim the title long afte rthey cease work
07:23	mircea_popescu	why should they be disbanded ? let the kids have fun.
07:23	mircea_popescu	foundations, conferences, is how discoveries are made in sciences too neh ?
07:24	ThickAsThieves	well if you count "outreach" maybe
07:24	assbot	[HAVELOCK] [NEOBEE] 150 @ 0.0029 = 0.435 BTC [+]
07:28	ThickAsThieves	;;ticker
07:28	gribble	MtGox BTCUSD ticker | Best bid: 1191.00001, Best ask: 1198.0, Bid-ask spread: 6.99999, Last trade: 1191.0, 24 hour volume: 17070.52954069, 24 hour low: 1105.0, 24 hour high: 1209.989, 24 hour vwap: 1157.24439
07:28	ThickAsThieves	;;nethash
07:28	gribble	6400549.04237
07:28	ThickAsThieves	that hasnt moved in like a day or two
07:28	ThickAsThieves	like, exactly the same number
07:29	ThickAsThieves	seems broken
07:29	mircea_popescu	;;ticker --bitstamp
07:29	gribble	(ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Mtgox. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure (1 more message)
07:29	mircea_popescu	meh
07:29	assbot	[HAVELOCK] [AM1] 2 @ 0.33318358 = 0.6664 BTC [-]
07:29	mircea_popescu	;;ticker --market bitstamp
07:29	gribble	Bitstamp BTCUSD ticker | Best bid: 1095.66, Best ask: 1097.0, Bid-ask spread: 1.34000, Last trade: 1097.0, 24 hour volume: 10080.51725385, 24 hour low: 1037.5, 24 hour high: 1100.0, 24 hour vwap: 1065.90371392
07:29	ThickAsThieves	.d
07:29	ozbot	707408283.05150 | Next Diff in 1153 blocks | Estimated Change: 23.7524% in 6d 2h 27m 16s
07:29	ThickAsThieves	.b
07:29	ThickAsThieves	.q
07:30	ThickAsThieves	;;estimate
07:30	assbot	[HAVELOCK] [NEOBEE] 200 @ 0.0029 = 0.58 BTC [+]
07:30	gribble	Next difficulty estimate | None based on data since last change | 894132728.373 based on data for last three days
07:32	KRS|gotyawallet	anyone know if these guys are legit? https://asic-market.com/product/blue-fury-usb-miners/
07:35	ThickAsThieves	if you have to ask
07:35	KRS|gotyawallet	=/
07:35	ThickAsThieves	then you know the answer
07:35	ThickAsThieves	;)
07:35	KRS|gotyawallet	haha come on one must question almost everything in bitcoin
07:35	KRS|gotyawallet	f'n sharks out there
07:35	KRS|gotyawallet	in here..everywhere.
07:36	ThickAsThieves	you missed my point
07:36	ThickAsThieves	i'll rephrase
07:36	KRS|gotyawallet	oh because there isnt enough to find out out which is making me ask
07:36	ThickAsThieves	if they have no rep, how could you trust them
07:36	KRS|gotyawallet	right..gotcha.
07:36	KRS|gotyawallet	thanks dude
07:45	mircea_popescu	http://trilema.com/2013/the-future-in-the-past/
07:45	ozbot	The future in the past pe Trilema - Un blog de Mircea Popescu.
07:47	pankkake	that's a lazy one… and you made me pay a few satoshi for it!
07:47	mircea_popescu	totally.
07:47	mircea_popescu	if you ain't cheatin' you ain't tryin'.
07:52	ThickAsThieves	http://finance.yahoo.com/news/bitcoin-alternative-quark-qrk-increases-072503725.html
07:52	ozbot	Bitcoin Alternative Quark (QRK) Increases In Value 500% In The Last Week - Yahoo Finance
07:52	ThickAsThieves	so basically altcoins make ponzis legal'
07:53	ThickAsThieves	we'll have altcoins sponsoring football teams n shit
07:53	ThickAsThieves	celebrity "endorsements" etc
07:55	KRS|gotyawallet	HAH
07:55	assbot	[HAVELOCK] [HIF] 500 @ 0.00048971 = 0.2449 BTC [+]
07:56	pankkake	most of that "increase" is already gone
07:56	pankkake	welcome to the endless pump and dump
07:57	pankkake	by the way it was on the list: http://www.theguardian.com/technology/2013/nov/28/bitcoin-alternatives-future-currency-investments
07:58	pankkake	same for this infinitecoin actually
08:01	assbot	[HAVELOCK] [NEOBEE] 177 @ 0.0029 = 0.5133 BTC [+]
		~ 19 minutes ~
08:21	mircea_popescu	lol yahoo nao pumping altchains ?
08:21	ThickAsThieves	http://www.newyorker.com/online/blogs/currency/2013/11/why-regulate-bitcoin.html
08:21	ozbot	Why Regulate Bitcoin? : The New Yorker
08:22	ThickAsThieves	"There may, however, be good cause for regulation. There have been several high-profile thefts of bitcoins recently, including a hacker attack last week on a Czech exchange called Bitcash.cz that emptied four thousand digital wallets belonging to customers. Also this month, an eighteen-year-old man in Australia who was running a Bitcoin “bank” announced that more than four thousand
08:22	ThickAsThieves	bitcoins had been stolen from his Web site, most of them belonging to users. In any industry, one of the strongest arguments in favor of regulation is the need for consumer protection—something bitcoin currently lacks."
08:22	ThickAsThieves	lol so US regulation will also help the Czech and Aus?
08:22	mircea_popescu	if one of the strongest arguments in favour of regulation really is the perceived need for consumer protection,
08:22	pankkake	I wasn't aware regulation prevented stealing
08:23	mircea_popescu	regulation has very poor chances.
08:23	ThickAsThieves	regulation can protect the whole internet guys
08:23	ThickAsThieves	cmon
08:23	mircea_popescu	adding to the amusement in romanian that verb basically means "to fuck"
08:24	mircea_popescu	a polite way of saying it, as "he set her straight, sexually speaking" would be in english
08:24	pankkake	un bon coup de bite
08:25	ThickAsThieves	i still worry that eventually the only answer will be scary loss of net neutrality
08:25	ThickAsThieves	but maybe that will spur better internets
08:25	pankkake	many new censorship laws lately :/
08:25	pankkake	and without much protest either
08:26	pankkake	france wants to censor "tax evasion" next
08:26	pankkake	before that it was unregistered gambling
08:27	pankkake	http://www.theguardian.com/uk-news/2013/nov/27/ministers-order-isps-block-terrorist-websites
08:27	ozbot	Ministers will order ISPs to block terrorist and extremist websites | UK news | The Guardian
08:29	assbot	[HAVELOCK] [NEOBEE] 125 @ 0.00288 = 0.36 BTC [-]
08:29	Duffer1	not getting robbed would be nice, but i fail to see how regulation would prevent that in any way
08:30	Duffer1	first exchange to offer insurance wins
08:31	pankkake	I believe services could escrow a part of their funds
08:31	pankkake	(i.e. like delivery bets but more generic)
08:31	mircea_popescu	ThickAsThieves amusingly, bitcoin resolves definitively the issue of net neutrality.
08:32	pankkake	and namecoin!
08:32	mircea_popescu	whatever anyone could possibly throw at hte problem, bitcoin has billions soon to be trillions of vested interest.
08:32	mircea_popescu	nobody can fight that and win.
08:32	Duffer1	not necessarily mp
08:32	mircea_popescu	i guess we shall see.
08:32	Duffer1	at least in america the net neutrality issue also involves isp bandwidth limiting and paywalling
08:33	Duffer1	pay x more to access premium sites like x,y,z
08:33	mircea_popescu	any isp is free to issue you whatever contract they want, and you don't have to take it.
08:34	mircea_popescu	as long as there's ppl holding bitcoins, there will be a market to provide them with internet.
08:34	Duffer1	i don't see that happening in america, major monopolies are protected state to state
08:34	Duffer1	startups are sued into the ground or bought outright
08:35	Duffer1	exclusivity contracts are the norm
08:35	mircea_popescu	well conversely, i don't see the us as much of a point of interest anyway, it's on its last legs as is.
08:35	Duffer1	i agree, i just hate to see it happening
08:35	mircea_popescu	i mean a similar argument could be brought that in somalia internet access is difficult, what with all the armed bandits
08:35	mircea_popescu	nevertheless...
08:36	mircea_popescu	on the brighter side, from what i hear in the larger cities you can already get point to point internet
08:36	mircea_popescu	what with all the wireless everywhere
08:36	pankkake	http://online.wsj.com/news/articles/SB10001424052748704608104575220570113266984
08:36	ozbot	Telecom Firms Thrive in Somalia - WSJ.com
08:37	Duffer1	all provided by at&t, comcast, or time warner
08:37	KRS|gotyawallet	Whats that got to do with Serbia
08:37	mircea_popescu	the other somalia
08:37	KRS|gotyawallet	oh right
08:38	pankkake	amateur (in the good sense) wireless networking is easy in a city. but how do you go further?
08:38	mircea_popescu	you can get satellite links anywhere.
08:38	pankkake	so we just need spacex to accept bitcoins!
08:39	mircea_popescu	the virgin thing already does
08:39	truffles	why is it america has such good internet connections
08:39	truffles	europe sucks with this!I!
08:39	mircea_popescu	for that matter, we'll probably be launching our own satellites before there's any serious challenge to net neutrality.
08:39	Duffer1	i'll miss my mmos if i'm forced to satellite :( hehe
08:39	mircea_popescu	truffles are you kidding ?
08:39	pankkake	most of europe is pretty well served
08:39	mircea_popescu	actually that's what i'd like to ipo : a telecom satellite launcher corp.
08:39	mircea_popescu	it can't be THAT hard.
08:40	Apocalyptic	mircea, I thought you had him on ignore
08:40	truffles	i feel like its intermittent or something
08:40	mircea_popescu	Apocalyptic http://log.bitcoin-assets.com/?date=03-12-2013#402974
08:43	truffles	http://www.dailymail.co.uk/news/article-2464131/Britain-facing-high-risk-blackouts-5-years.html
08:43	ozbot	Britain facing 'high risk of blackouts over next 5 years' | Mail Online
08:45	ThickAsThieves	<mircea_popescu> actually that's what i'd like to ipo : a telecom satellite launcher corp. <<< I'm so in
08:46	Duffer1	no doubt
08:47	Duffer1	need cable grade ping time or better though
08:47	ThickAsThieves	just put the internet in the blockchain
08:48	ThickAsThieves	bitcoin solves everything!
08:48	assbot	[HAVELOCK] [NEOBEE] 414 @ 0.0029 = 1.2006 BTC [+] {2}
08:50	assbot	[HAVELOCK] [NEOBEE] 597 @ 0.00288 = 1.7194 BTC [-]
08:51	Apocalyptic	lul
08:52	ThickAsThieves	If anyone is interest Danny Brewster, Neo, is tweeting from the Cyprus Investor Show, lotsa pics, including the POS unit https://twitter.com/BtcDanny
08:53	ThickAsThieves	interested*
08:53	kakobrekla	shiny black fetish bags
08:53	kakobrekla	GIMMESUM!
08:53	assbot	[HAVELOCK] [AM1] 1 @ 0.34865856 BTC [+]
08:53	assbot	[HAVELOCK] [VTX] 1 @ 0.153 BTC [+]
08:57	assbot	[HAVELOCK] [AM1] 1 @ 0.34867853 BTC [+]
08:58	ThickAsThieves	An estimated 70 percent of the nearly 11,000 silent films produced in the US have been lost, according to a landmark study from the Library of Congress.
08:59	ThickAsThieves	https://twitter.com/BtcDanny/status/407128229208940544/photo/1/large
08:59	ozbot	Twitter / BtcDanny: I'm famous now http://t.co/8jkmO48yn4
08:59	ThickAsThieves	hehe
08:59	truffles	just read that one
08:59	truffles	he's a brit?
09:00	ThickAsThieves	originally, yes
09:00	truffles	hairstyle/face combo is typical
09:02	truffles	colors and bags look nice
09:02	ThickAsThieves	it's an interesting choice of brand colors
09:02	assbot	[HAVELOCK] [HMF] 12 @ 0.02591675 = 0.311 BTC [-] {2}
09:02	ThickAsThieves	black and yellow
09:03	ThickAsThieves	not very common
09:03	truffles	http://www.youtube.com/watch?v=UePtoxDhJSw
09:03	ozbot	Wiz Khalifa - Black And Yellow [Official Music Video] - YouTube
09:03	ThickAsThieves	i hat ethat song so much
09:03	truffles	hahaha
09:04	truffles	never watched vid before
09:05	ThickAsThieves	i do like a few Wiz songs tho
09:05	ThickAsThieves	that chorus though
09:05	ThickAsThieves	so bad
09:06	truffles	song feels like its 20mins long..
09:06	ThickAsThieves	Jay Z & Beyonce have gone vegan
09:06	truffles	for 22 days
09:06	truffles	*
09:06	ThickAsThieves	thats all it takes
09:06	jcpham	http://i.imgur.com/rnQZJcz.jpg
09:06	jcpham	faulty pens
09:07	truffles	lmao
09:07	truffles	massive cocks
09:08	ThickAsThieves	the comments on that youtube page kinda show that google's switch to using google+ to clean comments didnt work
09:08	jcpham	my pens never do that
09:09	ThickAsThieves	"i don't know wtf this black cunt is singing"
09:09	truffles	google just keeps making utube worse..
09:09	ThickAsThieves	"Alex Robinson you are a nigga lover. and you trying to make me just like you. shame that."
09:09	truffles	oh i didnt even look at comments this time
09:10	truffles	i often do, i blame google
09:10	assbot	[HAVELOCK] [AM1] 1 @ 0.3486 BTC [-]
09:11	truffles	saw at least 3 women in that phot, 1 guy looks arab, 1 black guy hmm
09:12	truffles	http://t.co/0WzwpkMD5O
09:12	ozbot	Twitter / BtcDanny: Good turnout http://t.co/0WzwpkMD5O
09:13	assbot	[HAVELOCK] [NEOBEE] 81 @ 0.0029 = 0.2349 BTC [+]
09:17	truffles	it wasnt a black guy nm
09:19	thestringpuller	truffles has to be french
09:19	thestringpuller	that's the only place they grow
09:19	truffles	i just ate the last one
09:19	thestringpuller	ThickAsThieves hate's Wiz Khalifa too.
09:19	thestringpuller	ThickAsThieves have you heard the Kanye-Sway interview?!?!?
09:20	thestringpuller	YOU AIN'T GOT THE ANSWERS ThickAsThieves YOU AIN'T GOT THE ANSWERS!!!!
09:21	assbot	[HAVELOCK] [AM1] 1 @ 0.34 BTC [-]
09:21	thestringpuller	https://soundcloud.com/halonyc/you-aint-got-the-answers - YES
09:22	assbot	[HAVELOCK] [AM100] 46 @ 0.00330215 = 0.1519 BTC [+] {4}
09:22	pankkake	"Despite many assuming the song is a reference to the colors of Pittsburgh, Pennsylvania's NFL team, the Pittsburgh Steelers, the song is actually about Khalifa's black-and-yellow striped car"
09:22	pankkake	and here I thought that would be an interracial love song
09:23	assbot	[HAVELOCK] [AM100] 55 @ 0.00337039 = 0.1854 BTC [+]
09:23	thestringpuller	i don't think Wiz has the capacity to write a love song, or music at all...
09:24	thestringpuller	He plagarized Chrono Trigger!
09:24	pankkake	so skinny
09:25	thestringpuller	https://www.youtube.com/watch?v=phWoiyfA8ls#t=23 - it's like "really?"
09:25	truffles	i was going to say he wasnt wearing enough yellow in song
09:26	ThickAsThieves	lol at that soundcloud song
09:27	truffles	omg never been part 2?
09:27	truffles	there was a part 1
09:28	truffles	..
09:31	assbot	[HAVELOCK] [NEOBEE] 1002 @ 0.00294304 = 2.9489 BTC [+] {5}
09:34	thestringpuller	;;bc,24hprc
09:34	gribble	Error: Failed to retrieve data. Try again later.
09:37	thestringpuller	;;calc (108 - 50) / 108
09:37	gribble	0.537037037037
09:37	thestringpuller	oh man whoever wrote those options is over exposed
09:49	assbot	[HAVELOCK] [AM1] 1 @ 0.343 BTC [+]
09:56	assbot	[HAVELOCK] [AM1] 1 @ 0.3439 BTC [+]
10:03	nubbins`	morning
10:03	truffles	good evening
10:04	davout	afternoon
10:08	assbot	[MPEX] [S.MPOE] 6500 @ 0.00081266 = 5.2823 BTC [+]
10:09	jcpham	http://i.imgur.com/NVaWlme.jpg
10:09	jcpham	http://www.reddit.com/r/Bitcoin/comments/1s2qym/bitcoin_santa_on_good_morning_america/
10:22	jborkl	https://bitcointalk.org/index.php?topic=350732.msg3775469#msg3775469
10:22	ozbot	COINTERRA IS REAL -> NO SCAM!!
10:23	pankkake	being "real" is having an address and people behind it?
10:23	pankkake	how about delivering
10:24	pankkake	who cares if they are aliens from the moon
10:24	jborkl	well, I was reading how the Ravi is/might be a escort
10:24	pankkake	:D
10:25	jborkl	very interesting - I will be back in 20 minutes to tell you if they are at work in suite 303
10:30	assbot	[HAVELOCK] [AM1] 3 @ 0.34384666 = 1.0315 BTC [-] {3}
10:31	Diablo-D3	wt?
10:32	assbot	[HAVELOCK] [NEOBEE] 100 @ 0.00294943 = 0.2949 BTC [+] {2}
10:33	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.00294988 = 0.1475 BTC [+]
10:41	mod6	screen in a screen, ho ho!
10:42	mod6	now maybe i can lurk on the dl. hehe.
10:46	pankkake	screen in a screen is the norm for me
10:46	assbot	[HAVELOCK] [NEOBEE] 872 @ 0.00294988 = 2.5723 BTC [+]
10:46	assbot	[HAVELOCK] [HMF] 10 @ 0.02591 = 0.2591 BTC [-]
10:46	nubbins`	do any of you guys bake bread?
10:46	nubbins`	trying to troubleshoot a loaf
10:52	assbot	[HAVELOCK] [NEOBEE] 333 @ 0.00294999 = 0.9823 BTC [+]
10:53	assbot	[HAVELOCK] [AM1] 1 @ 0.34541456 BTC [+]
10:54	jborkl	Well, they are there
10:54	jborkl	in suite 303
10:55	nubbins`	great
10:55	davout	nubbins`: yup
10:57	nubbins`	ah, re: bread?
10:57	nubbins`	so i'm making sourdough
10:57	nubbins`	the dough rises in the bowl and again in the pan, but when i place the loaves in the oven, they don't rise any further
10:58	jborkl	ah, I thought you were having trouble taking a dump
10:58	nubbins`	HAHA
10:58	nubbins`	no trouble there ;(
10:59	assbot	[HAVELOCK] [AM1] 1 @ 0.34541456 BTC [+]
11:01	assbot	[HAVELOCK] [NEOBEE] 115 @ 0.00294998 = 0.3392 BTC [+] {2}
11:02	ThickAsThieves	neumann studio monitor system ... heaven
11:03	ThickAsThieves	breaking them in with Fuckin' Problems - ASAP/Drake/Kdot :)
11:03	ThickAsThieves	thestringpuller might preciate that
11:05	assbot	[HAVELOCK] [NEOBEE] 198 @ 0.00290002 = 0.5742 BTC [-] {2}
11:06	assbot	[MPEX] [S.MPOE] 3184 @ 0.00081379 = 2.5911 BTC [+]
11:07	assbot	[MPEX] [S.MPOE] 4830 @ 0.00081614 = 3.942 BTC [+]
11:09	davout	nubbins`: i'm not sure they're supposed to rise a lot anyway in the oven
11:10	nubbins`	i mean, i know traditional loaves should
11:10	nubbins`	just not sure about sourdough
11:10	davout	nubbins`: hm, i'll confess complete ignorance
11:10	nubbins`	heh
11:10	nubbins`	i also don't add any store-bought yeast
11:11	nubbins`	only sourdough starter
11:11	davout	nubbins`: you know, we french people, we just bake bread, it's in our blood xD
11:11	nubbins`	:D
11:11	davout	i do it with store-bought yeast
11:11	nubbins`	j'aime le pain!
11:11	davout	le pain c'est bien
11:11	nubbins`	yeah, i'm stubborn
11:11	nubbins`	i birthed this sourdough starter last september
11:11	assbot	[HAVELOCK] [AM1] 1 @ 0.34541456 BTC [+]
11:12	nubbins`	have been baking with it for over a year now
11:12	davout	gross mental image
11:12	nubbins`	HEH
11:12	nubbins`	shouldn't use "birthed" for yeast colonies
11:12	nubbins`	i created this sourdough starter last september
11:12	nubbins`	anyway, the bread is fucking delicious, which is what matters, i guess
11:13	davout	haha, yeah. you designed it man, you engineered it
11:13	nubbins`	anyway, gonna go eat a bunch
11:14	davout	bon appétit
11:19	assbot	[HAVELOCK] [NEOBEE] 200 @ 0.00290002 = 0.58 BTC [-] {2}
11:21	assbot	[MPEX] [S.MPOE] 4086 @ 0.00081785 = 3.3417 BTC [+]
11:23	assbot	[HAVELOCK] [AM1] 1 @ 0.34878471 BTC [+]
		~ 16 minutes ~
11:39	stephengandel	Hi. I am a reporter trying to understand bitcoin futures. Anyone willing to help?
11:40	jurov`	hello stephengandel, you mailed to coinbr support yesterday?
11:41	ThickAsThieves	Ask questions openly, answers will come
11:42	Azelphur	stephengandel: best way is to ask in the channel. It's the cultural norm on IRC, and you'll get the best possible answers as others can correct inaccuracies.
11:47	ThickAsThieves	http://www.wired.com/threatlevel/2013/12/swartz-video/?cid=15264324
11:47	ozbot	This Is the MIT Surveillance Video That Undid Aaron Swartz | Threat Level | Wired.com
11:49	assbot	[HAVELOCK] [COG] 4 @ 0.05799996 = 0.232 BTC [+]
11:49	stephengandel	jurov, yes.
11:50	stephengandel	azelphur, what do you mean by ask the channel?
11:50	Azelphur	stephengandel: this is the channel, so just ask questions in here
11:50	Azelphur	they don't need to be aimed at anyone specific
11:52	ThickAsThieves	there are several competent and experienced people here that may be able to answer different questions best
11:54	stephengandel	OK. On ICBIT there is a BTC/USC 12.13 contract that has a range of prices all above the current price of a bitcoin to USD. So I am guessing these are the strike prices? I was told that a contract costs $10. But that can't be the same for all the strike prices. I am trying to figure out what it costs to sell futures contract.
11:55	ThickAsThieves	ah, one thing I can tell you is you will find more ICBIT users in #bitcoin-analysis
11:55	ThickAsThieves	it is not trusted by some in here
11:55	stephengandel	OK, Can I find the same info for coinbr?
11:56	ThickAsThieves	youre in the right room for coinbr
11:56	ThickAsThieves	jurov runs it
11:56	jurov`	stephengandel: i'm the owner of coinbr
11:56	ThickAsThieves	and mircea_popescu runs MPEx, the exchange it brokers with
11:57	jurov`	All options are priced in bitcoins, and the prices are publisjed on http://mpex.co
11:57	stephengandel	OK. On MPEx, what does it mean that the price of o.usd.co50T is 0.785
11:57	stephengandel	sorry, 0.0785?
11:57	stephengandel	Is that of a bitcoin?
11:58	jurov`	it's call to buy 0.1btc for $50
11:58	jurov`	(that means price per 1BTC would be $500)
11:59	jurov`	and on exercise, you will get (in bitcoins) the difference between intrinsic value and current 24h weighed price
11:59	jurov`	or nothing, if price is <=500
11:59	stephengandel	intrinsic value is 500 for this contract.
11:59	stephengandel	And that'
12:00	stephengandel	that's if I buy.
12:00	stephengandel	what if I sell the contract?
12:00	ThickAsThieves	you can sell it for any price you like
12:01	ThickAsThieves	if you are trying to write and sell options that's a bit different
12:01	stephengandel	Yes. Trying to bet on a drop in the price of bitcoins.
12:02	ThickAsThieves	you might need to talk to Mircea
12:02	Apocalyptic	then you would buy put contracts
12:02	Apocalyptic	not calls
12:02	ThickAsThieves	not sure if jurov facilitates writing via coinbr
12:02	stephengandel	or sell calls?
12:02	ThickAsThieves	yes
12:02	jurov`	https://www.bitcoinforum.com/coinbr-com/call-option-calculation/msg2445/#msg2445 see this, section "Going short"
12:02	ozbot	Call option calculation - Bitcoin Forum - The Unofficial Bitcoin Forum
12:04	stephengandel	Is it the same if I go through coinbr as MPEx?
12:04	ThickAsThieves	I think you would need an MPEx account, and to negotiate margin with mircea_popescu
12:04	ThickAsThieves	he might even have details in the FAQ
12:05	jurov`	stephengandel: yes it's the same, unless you get margin form mircea_popescu
12:05	ThickAsThieves	an MPEx account is 30btc, or 25btc with referral
12:05	jurov`	but even then, you'll be doing the saem MKOP/SPPLIT requests with loaned funds
12:05	ThickAsThieves	if you join you should probly connect with jurov for the referral, since he got you here :)
12:06	assbot	[HAVELOCK] [NEOBEE] 100 @ 0.00294 = 0.294 BTC [+]
12:07	stephengandel	So to do this on coinbr. I would have to open an account for 30 BTC, $30,000?
12:07	jurov`	No
12:07	jurov`	30BTC is account directly on MPEx.
12:07	stephengandel	I don't understand.
12:07	jurov`	CoinBr offers account for free, only with small monthly fees
12:07	jurov`	because it's a broker that enables users to use one shared mpex account
12:08	ThickAsThieves	wouldnt mircea require a direct account for margin users?
12:08	jurov`	Yes, if you insist on margin, it's probably best to talk to mircea_popescu directly.
12:09	stephengandel	Can you do this without margin?
12:09	jcpham	https://www.bitrated.com/
12:09	ozbot	Bitrated
12:09	jcpham	arbitration escrow
12:09	ThickAsThieves	write options? No
12:09	jcpham	m-of-n
12:09	ThickAsThieves	buy options? Yes
12:10	jurov`	You can write option only when you provide the collateral yourself.
12:10	assbot	[HAVELOCK] [NEOBEE] 146 @ 0.00294 = 0.4292 BTC [+] {2}
12:11	assbot	[HAVELOCK] [NEOBEE] 1379 @ 0.00294999 = 4.068 BTC [+]
12:14	ThickAsThieves	stephengandel, when will bitcoin crash, do you think?
12:14	assbot	[HAVELOCK] [NEOBEE] 331 @ 0.00294999 = 0.9764 BTC [+]
12:15	jurov`	that's okay, it will crash, burn, whatever
12:16	assbot	[HAVELOCK] [HIF] 390 @ 0.00048971 = 0.191 BTC [+]
12:16	jurov`	there's much deeper misunderstanding at work
12:16	ThickAsThieves	do i have someone on ignore?
12:16	jurov`	people like him want to speculate on btc without being exposed at all
12:16	ThickAsThieves	oh
12:16	jurov`	and that's the piece that aint gonna work
12:16	jurov`	because loaning bitcoins is too risky
12:17	ThickAsThieves	indeed
12:17	Apocalyptic	jcpham, why are you promotting this ill-conceived service ?
12:17	stephengandel	No idea. Just trying to find out if it is possible to bet against it. But really don't know. Doing math now.
12:17	ThickAsThieves	I love that MPEx costs $35k now
12:18	ThickAsThieves	well if you want to "bet" against it
12:18	ThickAsThieves	that's much easier
12:18	ThickAsThieves	www.bitbet.us
12:18	ThickAsThieves	:)
12:18	ThickAsThieves	you can join existing bets or make your own
12:19	ThickAsThieves	www.bitbet.us?ref=1NfXM69erAWPDdNrZ2k2UkuV7HDPc6Ebwk
12:19	ThickAsThieves	better link
12:19	ThickAsThieves	:)
12:19	jcpham	Apocalyptic i'm not sure copying and pasting a link is promotion
12:20	assbot	[HAVELOCK] [NEOBEE] 187 @ 0.00294999 = 0.5516 BTC [+]
12:20	jcpham	it's also run by someone
12:20	jcpham	rumor is plans to tie into -otc gpg keys
12:20	ThickAsThieves	just make sure you read the BitBet FAQ fully
12:22	stephengandel	OK. But if I bought a put on the 0.USD.C050T on coinbr, I would have to put up .44 of a BTC as collateral?
12:23	ThickAsThieves	no
12:23	jurov`	They have recently changed the lot to 0.1BTC, so it should be 0.044
12:23	jurov`	$avg
12:23	mpexbot	jurov`: An error has occurred and has been logged. Please contact this bot's administrator for more information.
12:24	stephengandel	why no?
12:24	assbot	[HAVELOCK] [NEOBEE] 102 @ 0.00294999 = 0.3009 BTC [+]
12:24	jurov`	;;calc 50/1097.74
12:24	gribble	0.0455481261501
12:25	stephengandel	why 50, and not 500?
12:25	assbot	[HAVELOCK] [NEOBEE] 125 @ 0.00295 = 0.3688 BTC [+]
12:25	jurov`	because it's for 0.1btc
12:25	stephengandel	gotcha
12:25	ThickAsThieves	well also you dont need collateral to buy puts
12:25	jurov`	no, buying puts/calls goes normally
12:25	stephengandel	and the current price of that contract is 0.07919108 BTCs.
12:26	nubbins`	hm, re: bitrated
12:26	jurov`	yes, hefty risk preminum
12:26	stephengandel	what do you mean by that?
12:26	nubbins`	https://www.bitrated.com/u
12:26	stephengandel	that was the price to sell a call. Is it the same to buy a put?
12:26	nubbins`	see how the site modified all the double-dashes into hyphens?
12:26	ThickAsThieves	no
12:26	nubbins`	——-BEGIN PGP SIGNED MESSAGE——-
12:27	assbot	[HAVELOCK] [NEOBEE] 875 @ 0.00295 = 2.5813 BTC [+]
12:27	stephengandel	where can I see the price of a put? Or am I not understanding this correctly.
12:27	jurov`	for buying or selling you either match the orders published by MPOE
12:27	jurov`	they are on mpex.co
12:28	jurov`	puts as O.USD.P***
12:28	ThickAsThieves	you can only sell options two ways: If you write them (margin), or if you buy them and resell them
12:28	jurov`	or you place the buy/sell order at another price and it will also get published at mpex.co
12:29	assbot	[HAVELOCK] [NEOBEE] 1540 @ 0.00299693 = 4.6153 BTC [+] {3}
12:29	stephengandel	OK. spread on the p050 contract appears to be huge
12:29	ThickAsThieves	that's because a bot algo manages constant orders
12:30	ThickAsThieves	currently the risk is high
12:30	ThickAsThieves	and thus so is the spread and premium
12:30	jurov`	yes. all these 1000's are MPOE offers. but anyone can make their own offers.
12:32	jurov`	!t m ^OIX
12:32	assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / 112.71463735 / 112.71463735 (3170 shares, 119.21 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
12:34	Apocalyptic	<stephengandel> OK. spread on the p050 contract appears to be huge // market makers make money from spread
12:38	stephengandel	So for the p080 contract, it would cost me roughly $1.70 to but the contract., with bitcoins at a current 1100. What would I make if bitcoins go down to 1000 or 900?
12:39	ThickAsThieves	you would lose money
12:39	stephengandel	But I bought a put?
12:39	ThickAsThieves	last i checked all the options require extreme price movement to profit
12:40	ThickAsThieves	10-15% wont even be close
12:40	stephengandel	Do bitcoins have to go down to 800 for the p080 contract to be worth something, or below 800?
12:41	ThickAsThieves	they have to offset your premium
12:42	stephengandel	Is it different if I was selling a call vs. buying a put?
12:42	ThickAsThieves	Namworld, is your calculator still functional?
12:42	stephengandel	Seems like selling a call I could make money even if they went down a little bit?
12:42	stephengandel	But then I would need margin? Correct?
12:42	ThickAsThieves	yes
12:42	jurov`	*If* anyne buys it
12:43	ThickAsThieves	well the bot might
12:43	ThickAsThieves	but the price would still need to move a decent amount
12:43	ThickAsThieves	and you'd be shaving small %
12:43	jurov`	yes, if you sell to bot, you need large price movement
12:44	stephengandel	And also I have the problem that all of this would be settled in bitcoins, so any money I made on the futures bet against bitcoins would be offset by the fact that I own bitcoins, which would be worth less in dollars.
12:44	stephengandel	Just trying to figure out the calculation. Anyway you could run me through the transaction?
12:45	ThickAsThieves	well you'd be buying the bitcoins at a lower price than the current value if you surpass your premium
12:45	ThickAsThieves	so you could then sell them at a profit
12:46	stephengandel	what if bought a p110, which is essentially where the price is now right? It would cost me $6.19 a contract. Is that right?
12:47	jurov`	;;calc 0.04537758*1079
12:47	gribble	48.96240882
12:48	stephengandel	So if the price of a bitcoin went down to 1000 when the contract settled, I would make $10 minus the cost of the contract, or $3.80
12:48	jurov`	^ it's $49
12:48	ThickAsThieves	juriv is showing you that you have your cost wrong
12:49	stephengandel	but that's the price to sell. I am buying a put.
12:49	stephengandel	So I have to pay the selling price to buy a put?
12:49	ThickAsThieves	there are puts for sale with their own prices
12:49	ThickAsThieves	of course
12:50	jurov`	SELL QTY means mpex is selling to you
12:50	mike_c	ThickAsThieves: you don't need margin to write/sell options on mpex. you just put up btc as collateral.
12:50	jurov`	hence, price 0.0453775 applies
12:50	ThickAsThieves	I see
12:51	assbot	[HAVELOCK] [NEOBEE] 735 @ 0.00299944 = 2.2046 BTC [+] {3}
12:51	stephengandel	OK so it would cost me $49, and if a bitcoin drops to 1000, then I lose $39. For me to start making bitcoins have to drop to $610. Is that right?
12:51	ThickAsThieves	sounds right
12:51	jurov`	yes
12:52	stephengandel	And then I have the problem that I have to convert that back to dollars, and in doing that I will have lost money on my bitcoins because they will have dropped in value.
12:52	jurov`	no you will get the $49 back in bitcoins at current rate
12:53	jurov`	so you'll be even
12:53	stephengandel	Not at the rate on the day the contract settles?
12:53	jurov`	they are american, so you can exercise them anytime
12:53	stephengandel	even in bitcoins, but not in dollars?
12:53	jurov`	and current rate at exercise time applies
12:54	jurov`	what do you mean?
12:54	assbot	[HAVELOCK] [NEOBEE] 84 @ 0.003 = 0.252 BTC [+] {4}
12:54	mike_c	no, even in dollars, that's the point. It's a hedge against bitcoin dropping
12:55	ThickAsThieves	hence Buying the Put
12:55	ThickAsThieves	rather than selling it
12:56	mike_c	thestringpuller:oh man whoever wrote those options is over exposed << not if they aren't speculating. if it is a miner hedging, then they aren't over-exposed.
13:00	stephengandel	from the beginning, I buy my 0.1 bitcoin to open the account, which currently costs $110. Then I buy the put for $49, or 0.04537758 of a bitcoin, and then I have 0.05468842 left in my account. Let say the price of a bit coin drops to $500, and I exercise the option. I will get 0.12 bit coins when I exersize.
13:00	assbot	[HAVELOCK] [NEOBEE] 286 @ 0.0031181 = 0.8918 BTC [+] {2}
13:01	ThickAsThieves	gogogo NEOBEE!
13:01	stephengandel	add that to what I had left in my account, and I will have a total of 0.17468842 BTCs.
13:01	jurov`	;;calc (110-50)/50
13:01	gribble	1.2
13:02	ThickAsThieves	;;ticker
13:02	gribble	MtGox BTCUSD ticker | Best bid: 1201.00001, Best ask: 1207.0, Bid-ask spread: 5.99999, Last trade: 1200.75001, 24 hour volume: 15003.00562735, 24 hour low: 1131.72718, 24 hour high: 1219.94333, 24 hour vwap: 1172.45435
13:02	jurov`	yes, $60 will be 0.12 btc then
13:02	stephengandel	Now when I convert that back to dollars at the now btc rate of $1/500 BTCs, I would get $87. Meaning I still lost money!
13:02	assbot	[HAVELOCK] [AM1] 11 @ 0.33150768 = 3.6466 BTC [-] {5}
13:02	pankkake	can't you buy neobees for 0.003 direct from lmb holdings?
13:03	nubbins`	hey, wow
13:03	nubbins`	that's the firt time neobee has been > ipo for a while, i think?
13:03	nubbins`	*first
13:03	pankkake	yeah. because IPO was never finished before that
13:03	stephengandel	jurov, is that right?
13:04	stephengandel	Something I am missing?
13:04	ThickAsThieves	pankkake, yes, but the investor site is not fully functional it seems
13:04	ThickAsThieves	so some shares are locked but not purchased
13:04	pankkake	I wonder if this is a "must have shares now" or not knowing
13:04	ThickAsThieves	i dont even know how many are actually sold now :/
13:04	ThickAsThieves	waiting for access
13:05	jurov`	stephengandel: you buy the option for $49 and exercise them to get $60 back
13:05	jurov`	don't mix the bticoin you are holding long into there
13:05	stephengandel	I know but I will get it back in bitcoins, not dollars, correct?
13:05	ThickAsThieves	why does that matter
13:05	ThickAsThieves	sell them
13:05	jurov`	you will bet B0.12 *500 = $60
13:05	jurov`	*get
13:06	ThickAsThieves	obv you need to be doing higher volume than one option to make money anyway, so exchange fees wont be an issue
13:06	stephengandel	what are the exchange fees?
13:07	ThickAsThieves	check your exchange
13:07	stephengandel	on coinbr?
13:07	ThickAsThieves	coinbr is not an exchange
13:07	jurov`	coinbr does not touch fiat
13:07	stephengandel	ok on mpeX
13:07	ThickAsThieves	them either
13:07	mike_c	Buy 0.1 BTC for $110. Buy two P110T for 0.09 BTC. price drops to 500. Excercise for .24 btc. total btc is now 0.25 btc worth $125. go party with $15 gain.
13:07	jurov`	mpex either
13:07	ThickAsThieves	you want coinbase or campbx or mtgox or bitstamp
13:07	ThickAsThieves	etc
13:07	jurov`	you neex fiat-to-bitcoin exchange, like mtgox
13:07	ThickAsThieves	etc
13:08	stephengandel	yes, that's my point. since all of this will be done in bitcoins, when I exchange back, won't I lose money, but maybe I have this wrong?
13:08	Namworld	Is it me or is the breakeven on calls in the 15000+ USD/BTC?
13:08	mike_c	see my example.
13:08	mike_c	you make $15
13:09	ThickAsThieves	do it 100 times and you make $1500 :)
13:09	ThickAsThieves	less exchange fees
13:09	ThickAsThieves	typically in the 1% range
13:09	stephengandel	OK.
13:09	jurov`	yes. in your example you will get *$60 worth of bitcoins*
13:09	assbot	[HAVELOCK] [NEOBEE] 45 @ 0.00322253 = 0.145 BTC [+] {3}
13:10	ThickAsThieves	gotta say though, be careful shorting bitcoin...
13:10	jurov`	such small amount is best to sell to colleague or so
13:11	jurov`	and buying too, jusr meet some bitcoin anthusiast and buy by cash
13:11	jurov`	*enthusiast.. kbd fail
13:11	mike_c	agree with ThickAsThieves. while we had this conversation it went up another 1% :)
13:11	thestringpuller	hey jurov` you get the pm?
13:11	assbot	[HAVELOCK] [NEOBEE] 230 @ 0.00323999 = 0.7452 BTC [+] {2}
13:12	jurov`	thestringpuller: a bit of patience, maybe>
13:12	jurov`	?
13:12	thestringpuller	no the link i sent last night
13:12	thestringpuller	nm pm
13:15	stephengandel	But mike
13:15	iamnot_	whatever happened to XBOND? I don´t see it on Havelock anymore...
13:15	pankkake	iamnot_: recalled :(
13:15	mike_c	scam!
13:15	mike_c	(j/k)
13:16	stephengandel	mike_c, if I just do one contract. I lose money, right? Because I was sitting with bitcoins, or because of the leverage? Maybe both?
13:16	mike_c	right, if you are shorting you want to only buy as many bitcoins as it takes to buy the number of options you want
13:16	mike_c	otherwise you are exposed with the leftover btc
13:17	assbot	[HAVELOCK] [NEOBEE] 47 @ 0.00323999 = 0.1523 BTC [+] {2}
13:17	iamnot_	pankkake: ´recalled´ sounds bad. does that mean TAT bought back everyone´s bonds?
13:17	jurov`	so, fund the account just to buy 3 options. problem solved
13:17	jurov`	you will invest 3*$49 equivalent, you will get back (if $500) 3*$60 equivalent
13:18	assbot	[HAVELOCK] [AM1] 6 @ 0.33000024 = 1.98 BTC [-] {3}
13:18	pankkake	iamnot_: yes. but it's not bad, anyone buying it at ip(v)o benifited heavily from divs + early 105% recall
13:18	stephengandel	And if I buy two contracts and instead the price goes up by 54% or to $1694, then I lose what?
13:18	stephengandel	Just what it cost me to buy the puts or more?
13:18	jurov`	everything. the option becomes worthless.
13:18	mike_c	your options expire worthless, so you just lose what you paid.
13:18	iamnot_	pankkake: hmm i see. yes, i miss daily dividends. hopefully something else will come along.
13:19	assbot	[HAVELOCK] [AM1] 1 @ 0.33 BTC [-]
13:19	stephengandel	I guess that's the advantage of buying a put rather than selling a call. Because if I sold a call I could lose an unlimited amount.
13:19	jurov`	no, you will at most lose the collateral
13:19	mike_c	right, selling has higher risk profile.
13:19	pankkake	I hope so; I have not invested elsewhere really
13:19	jurov`	if you wrote the option
13:19	stephengandel	But again, to sell a call I would have to open a MPEx account?
13:20	stephengandel	is wrote an option the same as selling a call?
13:20	jurov`	stephengandel: no, coinbr allows you to write options under the same conditions as mpex
13:20	mike_c	jurov`: is that true? i would expect that if the loss was higher than collateral the difference would come out of your mpex account.
13:20	jurov`	only thing we won't do, is to provide margin
13:20	jurov`	you understand the difference between collateral and margin?
13:21	stephengandel	Not really. How much collateral would I have to put up?
13:21	stephengandel	strike / spot BTCUSD + some MPEx-proprietary padding
13:21	jurov`	yes
13:21	jurov`	if the exercise requires more, that's up for MPEx to pay
13:22	ThickAsThieves	<iamnot_> pankkake: hmm i see. yes, i miss daily dividends. hopefully something else will come along. <<<< Don't hold your breath, no one serious and not scammy enjoys providing daily divs
13:22	jurov`	but that would also mean bitcoin falling catastctphically
13:22	jurov`	so it isn't hard for mpex to buy more of them
13:22	stephengandel	is this what you guys use for the spot price: http://preev.com/
13:22	ThickAsThieves	no
13:22	jurov`	http://bitcoincharts.com/markets/currencies/ <this
13:22	ozbot	Bitcoin Charts / Markets
13:22	jurov`	24h price is used
13:22	ThickAsThieves	$avg
13:22	mpexbot	ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
13:23	ThickAsThieves	whats the other way to pull it?
13:23	mike_c	;;bc,24hprc
13:23	gribble	Error: Failed to retrieve data. Try again later.
13:23	ThickAsThieves	hehe
13:23	thestringpuller	okay we need another cross exchange
13:23	thestringpuller	ticker
13:23	thestringpuller	cause the bot isn't even quoting...
13:23	nubbins`	;;ticker --market all
13:23	gribble	MtGox BTCUSD last: 1210.0, vol: 15442.99754919 | Bitstamp BTCUSD last: 1150.01, vol: 12582.57372365 | BTC-E BTCUSD last: 1059.9, vol: 11463.51851 | Bitfinex BTCUSD last: 1150.01, vol: 2621.40917063 | CampBX BTCUSD last: 975.55, vol: 94.01568371 | BTCChina BTCUSD last: 1126.0836, vol: 49103.04600000 | Volume-weighted last average: 1135.7963542
		↖
13:23	assbot	123!
13:24	nubbins`	796!
13:24	assbot	123!
13:24	pankkake	;;ticker --market btcavg
13:24	gribble	BitcoinAverage BTCUSD ticker | Best bid: 1146.52, Best ask: 1150.44, Bid-ask spread: 3.92000, Last trade: 1145.43, 24 hour volume: 42611.77, 24 hour low: None, 24 hour high: None, 24 hour vwap: 1094.27
13:24	ThickAsThieves	I'll IPO an indexing website
13:24	ThickAsThieves	at 750000btc valuation
13:24	thestringpuller	how would that even bring in revenue?
13:24	ThickAsThieves	you guys in?
13:24	ThickAsThieves	from the IPO
13:24	thestringpuller	i'm in lets do it
13:24	ThickAsThieves	duh
13:24	nubbins`	good buy, can i pre-purchase all the shares?
13:24	mike_c	jurov`: I don't see anywhere that you are at risk for max of collateral. not to nag, but what's your confidence on that?
13:24	thestringpuller	IPO it on btctco
13:25	pankkake	I'd just make the IPO on a BTC address
13:25	pankkake	tell them it's colored coins
13:25	ThickAsThieves	yep, itll be dutch style
13:25	jurov`	mike_c just do the maths. you write one P100
13:25	ThickAsThieves	send me coins, you get your proportion
13:26	assbot	[HAVELOCK] [NEOBEE] 260 @ 0.00292551 = 0.7606 BTC [-] {2}
13:26	jurov`	mpex asks , say, 0.91 btc collateral for it
13:26	jurov`	then bitcoin falls to $10
13:27	mike_c	derp. got it.
13:27	jurov`	and you exercise, getting 90 BTC
13:27	stephengandel	prices appear to have disappeared on mpex
13:27	thestringpuller	stephengandel: bot isn't quoting due to broken pipes
13:27	ThickAsThieves	the data source for the spot price is down
13:27	thestringpuller	yea
13:27	ThickAsThieves	so the bot pulled its orders
13:28	thestringpuller	the weightedprice is going up tho so good time for calls
13:29	mike_c	ThickAsThieves: sentiment is moving against you. http://bitbet.us/bet/519/btc-network-difficulty-to-top-1b-before-2014/
13:29	ThickAsThieves	obv
13:30	ThickAsThieves	;;nethash
13:30	gribble	6400549.04237
13:30	ThickAsThieves	;;estimate
13:30	gribble	Next difficulty estimate | 872182330.638 based on data since last change | 894132728.373 based on data for last three days
13:30	ThickAsThieves	;;bcstats
13:30	pankkake	don't worry, BFL will save you!
13:30	gribble	Current Blocks: 273061 | Current Difficulty: 7.074082830514966E8 | Next Difficulty At Block: 274175 | Next Difficulty In: 1114 blocks | Next Difficulty In About: 6 days, 5 hours, 21 minutes, and 47 seconds | Next Difficulty Estimate: 872182330.638 | Estimated Percent Change: 23.29264
13:30	thestringpuller	wow one more 23% change and it's on
13:31	ThickAsThieves	well the next change might only need to be 13%
13:31	iamnot_	ThickAsThieves: Graet and Ukyo loans paid daily dividends. Do you know if those are still around in the form of direct shares?
13:31	ThickAsThieves	haha
13:31	pankkake	they are kinda defaulting
13:31	zoinky	are they?
13:31	pankkake	well, not sure yet
13:31	ThickAsThieves	well Graet.loan was largely debt consolidation
13:31	pankkake	but for sure you can't redeem right now
13:31	ThickAsThieves	so good luck with that one
13:32	ThickAsThieves	and Ukyo.loan is in limbo
13:32	iamnot_	thanks for the heads up. i will read up on them.
13:32	ThickAsThieves	for about a month+
13:32	thestringpuller	ThickAsThieves is the only one to have large debt repaid
13:32	zoinky	havent been keeping up to date with them
13:32	zoinky	since i walked away
13:32	thestringpuller	well and namworld
13:32	pankkake	Namworld too
13:32	ThickAsThieves	Namworld is not fully paid
13:32	zoinky	nuts
13:33	pankkake	:/
13:34	ThickAsThieves	if the next diff is 89, then that means about 830 more TH will push me to lose
13:34	ThickAsThieves	well mor ethan that
13:34	ThickAsThieves	depends on depeloyment rate
13:34	ThickAsThieves	deployment*
13:34	ThickAsThieves	about 1400TH was added so far in this diff period
13:34	mike_c	how many erupters is that?
13:35	ThickAsThieves	lol
13:35	ThickAsThieves	usb erupters?
13:35	ThickAsThieves	:)
13:35	ThickAsThieves	I think the AM cubes are like 30GH?
13:35	mike_c	wow, 1400t this period. crazy.
13:35	ThickAsThieves	they have about 3000 left to sell i think
13:35	thestringpuller	damn son
13:35	ThickAsThieves	so not even a dent
13:36	Ukyo	[12:34] <Ukyo> due to the situation with weex, i stopped issueing dividends on the loan for now. I am setting up a seperate claim/management system where users will either a. begin to get daily divs again, or b. be able to get all missed divs with payoff
13:36	nubbins`	weex 4 prez
13:36	ThickAsThieves	i assume back divs are paid in either case
13:37	thestringpuller	So Ukyo isn't defaulting....
13:37	ThickAsThieves	oh, they are locked in Weex
13:37	ThickAsThieves	the repayment rate is unknown though
13:38	thestringpuller	lololol
13:38	ThickAsThieves	wasnt meant to be a joke
13:38	ThickAsThieves	just a factor
13:39	thestringpuller	http://i.imgur.com/STdRfL5.png
13:39	mike_c	^ hah! awesome
13:39	ThickAsThieves	hehe
13:40	pankkake	you should be ashamed to have that first link in purple though
13:41	ThickAsThieves	I get one of these per month: "I have been studying your website and funds but I don't see information on how to invest in those funds. Is there information posted that tells how to invest in the funds?"
13:41	ThickAsThieves	uhh
13:41	ThickAsThieves	so you were viewing Havelock
13:41	ThickAsThieves	and couldnt figure out what to do?
13:42	assbot	[HAVELOCK] [COG] 3 @ 0.05699979 = 0.171 BTC [-]
13:43	assbot	[HAVELOCK] [COG] 2 @ 0.05699979 = 0.114 BTC [-]
13:43	assbot	[HAVELOCK] [NEOBEE] 597 @ 0.00302999 = 1.8089 BTC [-] {3}
13:43	thestringpuller	lemme guess from the forums?
13:44	assbot	[HAVELOCK] [COG] 4 @ 0.05699979 = 0.228 BTC [-] {3}
13:45	nubbins`	STEVIE
13:46	ThickAsThieves	no thats email
13:46	mod6	;;bc,stats
13:46	gribble	Current Blocks: 273064 | Current Difficulty: 7.074082830514966E8 | Next Difficulty At Block: 274175 | Next Difficulty In: 1111 blocks | Next Difficulty In About: 6 days, 3 hours, 18 minutes, and 53 seconds | Next Difficulty Estimate: 873500484.877 | Estimated Percent Change: 23.47897
13:48	nubbins`	we printed some nice garment tags on some linen the other day
13:49	nubbins`	http://imgur.com/pYS9z0W
13:49	ozbot	imgur: the simple image sharer
13:50	pankkake	that looks like an inverted black cock?
13:50	thestringpuller	nubbins`: that's my name don't wear it out :P
13:50	pankkake	dumb me, it's named black hen
13:50	nubbins`	;)
13:50	nubbins`	to both of you
13:50	ThickAsThieves	neat, have you ever worked with dye-sublimation?
13:50	nubbins`	nope, not set up for that atm
13:51	ThickAsThieves	I used to run and maintain ESTAT machines
13:51	ThickAsThieves	then moved to Mimaki
13:51	ThickAsThieves	and solvent too
13:51	nubbins`	we don't have the ventilation for solvent inks 8)
13:51	nubbins`	some day
13:52	ThickAsThieves	i still prefer screen-printed stuff anyway
13:52	nubbins`	nod
13:52	ThickAsThieves	it's the teen punk in me
13:52	nubbins`	you can get additives for printing on polyester
13:52	nubbins`	so the ink doesn't migrate
13:53	thestringpuller	ThickAsThieves: grinds every rail ever
13:53	ThickAsThieves	i never skated
13:53	nubbins`	nah
13:53	ThickAsThieves	i was too cool for that shit
13:53	nubbins`	bet you were pretty good at tony hawk, tho
13:53	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.00302 = 0.151 BTC [-]
13:53	ThickAsThieves	nope, mario kart
13:53	jamespeerless	anyone know how my bet weight works if I bet multiple times on same bet?
13:53	nubbins`	heh, i've been playing lots of mario kart wii lately
13:54	nubbins`	couple weeks ago my wife and i ate a bunch of acid and played it for hours
13:54	ThickAsThieves	i was too busy rocking out to skate anyway
13:54	nubbins`	really intense
13:54	pankkake	jamespeerless: it will have a new, lower weight
13:54	assbot	[HAVELOCK] [NEOBEE] 331 @ 0.00302 = 0.9996 BTC [-]
13:54	kakobrekla	jamespeerless new bets will appear seperatley
13:54	kakobrekla	payout is merged
13:54	kakobrekla	in a single tx
13:55	nubbins`	ThickAsThieves: ever listened to Metz? you might like em
13:55	jamespeerless	so they're basically independent? and then it just adds the payouts together
13:55	ThickAsThieves	i havent nubbins, will check em out
13:55	kakobrekla	they are independed bets yes , but if you win you will get 1 tx only
13:55	jamespeerless	k
13:56	kakobrekla	to account for all of them
13:56	nubbins`	http://www.youtube.com/watch?v=krGDNbT4CSE
13:56	ozbot	METZ - Wet Blanket [OFFICIAL VIDEO] - YouTube
13:57	assbot	[HAVELOCK] [NEOBEE] 134 @ 0.0030225 = 0.405 BTC [+] {2}
13:58	KRS|gotyawallet	Wow..this is sobering http://www.offgridminds.com/misinformation-blog/2013/12/1/bitcoin-rise-to-the-dead-end.html
14:01	jurov`	;;market sell 1000
14:01	gribble	A market order to sell 1000 bitcoins right now would net 1200802.9202 USD and would take the last price down to 1200.0200 USD, resulting in an average price of 1200.8029 USD/BTC. | Data vintage: 0.0629 seconds
14:01	pankkake	isn't it named misinformation-blog?
14:01	jurov`	KRS|gotyawallet: ^ here is the answer
14:01	jurov`	and it won't be much different at $10k
14:01	nubbins`	he seems to be operating under the assumption that exchanges aren't a place where buyers and sellers meet
14:02	chaang-noi	ch0000 ch0000!
14:02	nubbins`	i mean, in order to convert x btc into $50m, other users have to put that $50m into the exchange
14:02	jurov`	;;market sell 10000
14:02	KRS|gotyawallet	idk
14:02	gribble	A market order to sell 10000 bitcoins right now would net 10975877.1390 USD and would take the last price down to 960.6000 USD, resulting in an average price of 1097.5877 USD/BTC. | Data vintage: 98.6026 seconds
14:02	nubbins`	because if they don't, the seller doesn't have any buyers
14:02	nubbins`	or am i missing something
14:03	KRS|gotyawallet	i think
14:03	KRS|gotyawallet	thats the main point of the article, nubbins..as i read it
14:03	nubbins`	this guy seems to think that each time you buy 1 btc, it's the exchange that had them and is selling to you
14:03	KRS|gotyawallet	more like ;;market sell 140000
14:04	ThickAsThieves	that seems to have trouble forming coherent sentences and concepts
14:04	KRS|gotyawallet	;;market sell 140000
14:04	gribble	A market order to sell 140000 bitcoins right now would net 36115590.7219 USD and would take the last price down to 8.9066 USD, resulting in an average price of 257.9685 USD/BTC. | Data vintage: 171.1354 seconds
14:04	nubbins`	"Where would the exchanges ... get 10 million dollars?"
14:04	ThickAsThieves	guy*
14:04	KRS|gotyawallet	ooofuh
14:04	nubbins`	from the people buying the btc
14:04	nubbins`	what a fuckin dummy
14:04	nubbins`	haha, first comment.
14:04	pankkake	he must think bitcoins are "backed" by things
14:05	ThickAsThieves	I thought he was gonna make a decent point,
14:05	pankkake	gold bug? not that there's anything wrong with that
14:05	ThickAsThieves	that in the regulated world such providers must have a lot of their own capital
14:05	assbot	[HAVELOCK] [NEOBEE] 126 @ 0.0030225 = 0.3808 BTC [+]
14:05	ThickAsThieves	this would help with losses caused by the exhcnage
14:06	ThickAsThieves	errors, hacks, etc
14:07	nubbins`	luckily, here in btc-land, exchanges don't need to cover shit, because fuck it
14:08	pankkake	history of bitcoin tells us you can lose up to 90% of your bitcoins a year and still be a winner!
14:08	nubbins`	it's true, i lost my shirt twice and i'm still laughing
14:08	pankkake	you just printed it again
14:08	nubbins`	^
14:08	KRS|gotyawallet	point #1, big chunks of btc are moving around after being dormant since apr 2013 (our last all time high), point #2 one of these "chunks" of btc could market-sell 140,000 btc down to $8.
14:09	pankkake	yeah, but for how long?
14:09	nubbins`	okay, but why would you chase the price all the way down to $8?
14:09	nubbins`	rather than cashing out slowly to maximize profit
14:09	KRS|gotyawallet	right
14:09	nubbins`	i mean, i know we're all irrational actors
14:09	nubbins`	but there are limits to the insanity
14:09	KRS|gotyawallet	or give up your position alltogether?
14:09	KRS|gotyawallet	if YOU have the btc, OTHERS dont
14:09	benkay	;;market sell 140000
14:09	gribble	A market order to sell 140000 bitcoins right now would net 36138416.0754 USD and would take the last price down to 8.9066 USD, resulting in an average price of 258.1315 USD/BTC. | Data vintage: 187.7440 seconds
14:10	pankkake	that's only on mtgox too
14:10	pankkake	but I'm sure many people would come to get those bitcoins
14:10	KRS|gotyawallet	the article questions..why are these big chunks moving at all? maybe because people are realizing they are there and to shuffle them around a bit? idk
14:10	nubbins`	when you win the lotto, you can get a lump sum payment of much lesser value, or you can get yearly/monthly payments that total a greater amount
14:11	nubbins`	this is similar to a whale cashing out btc
14:11	nubbins`	he can take all at once
14:11	nubbins`	and get much less
14:11	nubbins`	or he can spread it over months/years
14:11	nubbins`	and get much more
14:11	KRS|gotyawallet	I think so too..the most positive article I read is how countries like china and countries in africa will be hoarding them because they are a perfect financial vessle for financial freedom
14:11	nubbins`	heh, thought you said "countries like africa" for a moment
14:12	KRS|gotyawallet	haha a lot of people do
14:12	benkay	;;ticker
14:12	gribble	MtGox BTCUSD ticker | Best bid: 1216.0, Best ask: 1222.0, Bid-ask spread: 6.00000, Last trade: 1215.99001, 24 hour volume: 15013.43553127, 24 hour low: 1131.72718, 24 hour high: 1225.0, 24 hour vwap: 1177.82055
14:14	assbot	[HAVELOCK] [NEOBEE] 260 @ 0.00293127 = 0.7621 BTC [-] {2}
14:15	assbot	[HAVELOCK] [NEOBEE] 430 @ 0.00293005 = 1.2599 BTC [-] {3}
14:16	assbot	[HAVELOCK] [NEOBEE] 172 @ 0.00292658 = 0.5034 BTC [-] {2}
14:17	Vexual	nubbins, try a hotter oven re:sourdough
14:19	KRS|gotyawallet	This was the most positive article about bitcoin I think I ever read, and it just came out
14:19	KRS|gotyawallet	http://www.forbes.com/sites/quora/2013/12/03/what-is-beijings-rationale-for-promoting-bitcoin/
14:19	ozbot	What Is Beijing's Rationale For Promoting Bitcoin? - Forbes
14:20	assbot	[HAVELOCK] [NEOBEE] 2466 @ 0.00291761 = 7.1948 BTC [-] {6}
14:20	ThickAsThieves	"China’s economy is too slanted"
14:21	Vexual	thats racist
14:21	ThickAsThieves	hehe
14:21	ThickAsThieves	he's Chinese, it's ok
14:21	KRS|gotyawallet	HAHA
14:22	pankkake	> referring to countries by their capital
14:22	Namworld	America is a country apparently. Black people are African-american. Then Africa must be a country too!
14:22	Namworld	re nubbins/KRS
14:22	Vexual	what about "China does tech, it's what they do."
14:26	assbot	[HAVELOCK] [NEOBEE] 249 @ 0.00300909 = 0.7493 BTC [+] {2}
14:26	assbot	[HAVELOCK] [AM1] 25 @ 0.34634842 = 8.6587 BTC [+] {11}
14:26	KRS|gotyawallet	right, but they need financial freedom and btc gives them that
14:26	KRS|gotyawallet	Namworld I didnt think of that. I should tell my black friend he too must be a country..hmm.
14:27	nubbins`	Vexual: it's already at 450, :(
14:27	assbot	[HAVELOCK] [NEOBEE] 118 @ 0.003 = 0.354 BTC [-]
14:27	nubbins`	Namworld: America isn't a country
14:27	nubbins`	you must mean the united states of america
14:27	Namworld	I know...
14:27	KRS|gotyawallet	What about Somalia
14:27	kakobrekla	i hear dat.
14:27	nubbins`	anyway, i think "african-american" is a silly phrase
14:28	nubbins`	nobody says "african-canadian" here
14:28	jurov`	stfu, you have french-canadians
14:28	KRS|gotyawallet	America needed something to divert attention from the word Nigger which worked fine for me..Worked fine for them so why not.
14:28	Vexual	nubbins, perhaps less fisting b4 the first rise?
14:28	nubbins`	jurov`: they speak french!
14:29	jurov`	oui?
14:29	nubbins`	Vexual: i was worried about not kneading enough
14:29	Vexual	you can push it past that peak eleasticity
14:29	nubbins`	french-canadians = french-speaking canadians
14:29	nubbins`	you can be goddamn sure that they're not identifying with the country of france
14:29	jurov`	but it's a term
14:30	nubbins`	i knead for about 10 minutes, bowl and cover, punch down and form loaves after 4-6 hours, proof in the pans for another 4-6 hours, then bake
14:30	jurov`	i'm not implying that afroamericans speak african
14:30	nubbins`	sure
14:30	nubbins`	it's just a silly term
14:30	jurov`	maybe you don't kned hard/long anough?
14:30	Vexual	got a doughmixer?
14:30	nubbins`	no mixer
14:30	nubbins`	all hand work
14:30	jurov`	it needs to start resisting
14:31	nubbins`	see, it rises fine, just not in the oven
14:31	Vexual	try a batch of smaller laves with different kneads to troubleshoot
14:31	nubbins`	hmm, yeah
14:32	nubbins`	i tried adding a bit more water this time, no difference
14:32	assbot	[HAVELOCK] [NEOBEE] 106 @ 0.0030091 = 0.319 BTC [+] {2}
14:32	assbot	[HAVELOCK] [AM1] 3 @ 0.34878314 = 1.0463 BTC [+] {2}
14:32	nubbins`	although the crumb *is* a bit nicer
14:32	nubbins`	jurov`: maybe it's just me, but i think it's a bit silly to call yourself african-anything if you were born in north america
14:33	nubbins`	like
14:33	Vexual	you could cheat and chuck some more yeast in
14:33	nubbins`	i'm not irish-canadian or british-canadian
14:33	nubbins`	i was born here
14:33	nubbins`	i'm just canadian
14:33	jurov`	nope, you're eurocanadian
14:33	jurov`	:DDDD
14:33	nubbins`	european-canadian
14:33	Vexual	trasheh?
14:33	KRS|gotyawallet	Cheers, we are all millionaires http://www.businessinsider.com/hugh-hendry-bitcoin-could-hit-1-million-2013-12
14:33	nubbins`	Vexual: i can't bring myself to add store yeast
14:33	KRS|gotyawallet	meh
14:34	nubbins`	the flavor is just too good as it is
14:34	jurov`	what about bitbetting the meeeelion?
14:34	jurov`	would you?
14:34	nubbins`	srsly, today's loaves are SO GODDAMN SOUR
14:34	KRS|gotyawallet	We should all meet in Prague for food and feast..Prague has the women and leet secks too.
14:34	nubbins`	i just had a tuna sandwich
14:34	nubbins`	and i was in ecstasy
14:35	nubbins`	honestly, i'm more than a bit surprised that i haven't managed to kill my starter yet
14:36	Vexual	The party is going after corruption among Chinese officials. Even though the party needs to clean up, it needs to give its own members an exit plan, as too much prosecution would make the people think that the party is completely corrupt.
14:36	Vexual	Not chinese, just very stoned
14:36	jurov`	The reason Hendry doesn't own Bitcoin is because it's not available on a regular exchange, the report said.
14:36	jurov`	roflol
14:37	nubbins`	"showing everyone that the party is completely corrupt would make people think the party is completely corrupt"
14:37	nubbins`	i can see why the party wouldn't want that
14:37	nubbins`	lel
14:39	assbot	[HAVELOCK] [VTX] 25 @ 0.15017479 = 3.7544 BTC [-] {6}
14:40	assbot	[HAVELOCK] [AM1] 2 @ 0.34878472 = 0.6976 BTC [+]
14:42	assbot	[HAVELOCK] [HMF] 4 @ 0.02592 = 0.1037 BTC [+]
14:42	stephengandel	Hi. Had to leave for a bit. Do the prices on mpex go down a lot?
14:43	stephengandel	jurov, you still here?
14:43	Vexual	basement; ladies underwear
14:43	ThickAsThieves	if you are referring to options, they premium has been generally very high since last Summer
14:44	stephengandel	Sorry, not go down as in price, but not available, as in right now?
14:44	ThickAsThieves	of course the rise from 150 to 1200 cerrtainly presented opportunity to profit
14:44	Vexual	https://js.gg/bitcoin-becoming-a-standard-part-of-lawsuit-discovery-requests/
14:44	ThickAsThieves	ah
14:44	ozbot	Bitcoin becoming a standard part of lawsuit discovery requests | Jeff Steinport
14:44	ThickAsThieves	yes it does
		↖
14:45	stephengandel	And the collateral I would have to post to sell a $500 call would be .45 of a bitcoin?
14:45	ThickAsThieves	Vexual, bitcoin will be great for divorces
14:45	ThickAsThieves	hehe
14:45	stephengandel	strike / spot BTCUSD + some MPEx-proprietary padding.
14:46	stephengandel	or $495
14:46	ThickAsThieves	i dont know that one, i assume the collateral is the full value
14:46	ThickAsThieves	.1
14:46	ThickAsThieves	but you need to ask someone else for sure
14:47	asciilifeform	simple test of your security arrangements. if your PC were to fall into enemy hands, would he know how much BTC you have? (or where.)
14:47	jurov`	stephengandel: the info on the forum is obsolete, as the lot changed from 1BTC into 0.1BTC
14:47	asciilifeform	if the answer is yes, consider it to already belong to the enemy.
14:47	jurov`	so just divide the collateral by 10
14:48	asciilifeform	why do you suppose the 'legit' exchanges want your government id? precisely to simplify confiscation.
14:48	asciilifeform	'aha, you bought 100btc. where is it now? we have this here soldering iron, and you have an arse...'
14:48	stephengandel	OK. So only 0.045 of a bitcoing. And it says the last price on a call for 050 is 0.05232243. So that's what someone would pay me if I could write a call?
14:49	Vexual	TAT, there might be a market for some satoshi dust for petty jilted lovers
14:49	jurov`	oh and people, i'm still searching a decent writer to put the stuff together.. there really isn't anyone who can make the time for some btc?
14:50	jurov`	stephengandel: if you actually sell that for 0.05m, you'll be damned lucky
14:50	Vexual	tehcneciel riting? i canod et
14:50	stephengandel	OK. but the collateral piece is right. Only 0.045. That seems doable.
14:50	jurov`	it needs not be technical.. just that poor fortune redactor can inderstand it
14:52	stephengandel	You're trying to pay freelance writers in bitcoins. Is that what you are saying?
14:52	stephengandel	If I took that contract I would have to hedge, right?
14:53	stephengandel	How do I do that? Just kidding.
14:53	jurov`	hedge what?
14:53	Vexual	tounge in cheek? eds and sics?
14:54	nubbins`	asciilifeform: the real rub is that the soldering iron can create new arses
14:54	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.003 = 0.15 BTC [-]
14:54	nubbins`	the obvious defence is to say you lost it all on asicminer shares.
14:55	stephengandel	I could open a bitcoin account on coinbr for 0.1 and then if I could get someone to take it write a call option. Right? Sounds like 0.1 is enough collateral.
14:56	jurov`	yes, should be (also depending on which option you want)
14:58	stephengandel	Do you have any idea how much I would make if I sold a call and bitcoins went to $500. I don't know how to do that math.
14:58	nubbins`	at the risk of being cheeky, you might wish to learn the math before you start moving money around :)
14:59	nubbins`	although i guess that's one of the reasons why you're here, hey?
14:59	stephengandel	Yes. Call option pricing more than just regular math
14:59	ThickAsThieves	to add to the cheekiness, are suuuuure you wanna bet on BTC falling that much?
14:59	nubbins`	heh
14:59	ThickAsThieves	and then who's gonna buy your call?
15:00	nubbins`	i don't bet anymore, or even invest
15:00	nubbins`	i just hold
15:00	stephengandel	But was able to figure out put price so half way there.
15:00	stephengandel	Is that the same with the put, or do you think I would find someone that would sell me a put with 1100 strike price
15:00	nubbins`	#bitcoin-assets: cheekier than an ass calendar
15:00	KRS|gotyawallet	heh
15:01	stephengandel	If I wanted to buy that contract. I think so, right seems like I would be paying a lot for it
15:03	jurov`	stephengandel: what about if i sell you P110Ts at 0.0033 per?
15:03	jurov`	you can buy 3 of them for 0.1
15:03	jurov`	and once on coinbr account, you'll be free to odo with them as you please
15:04	ThickAsThieves	nice
15:04	jurov`	*er.. fix: 0.033
15:11	stephengandel	so you are saying I could get a better price than the 0.045 we were talking about before?
15:11	jurov`	yes. instead of the bot, i will write the options and sell to you
15:11	stephengandel	So the prices on mpex aren't real?
15:12	jurov`	there's a bot a marketmaker, and her prices are real
15:12	jurov`	but anyone can offer other price
15:12	jurov`	also real
15:12	stephengandel	And I could get a better price from you?
15:12	kakobrekla	is this real life?
15:13	stephengandel	What's the price if I wanted to sell the 050 call?
15:13	stephengandel	I guess what would you pay me?
15:13	stephengandel	Still don't understand how to figure out what that would be worth if the price of a bitcoin drops
15:13	ThickAsThieves	kakobrekla, no this is IRC
15:14	ThickAsThieves	just take the value you want it to settle at
15:14	ThickAsThieves	and subract your premium
15:16	jurov`	current intrinsic value of C050 is about $650 = B0.565
15:16	jurov`	oh sry that would be for 10 of them
15:16	jurov`	one is B0.0565
15:17	jurov`	mhm...i'd pay 0.06. i'm not so sure it will go up so much.
15:18	pankkake	IRC is real life to me. the world outside is useless and boring
15:18	pankkake	"and then who's gonna buy your call?" ghostbusters?
15:19	jurov`	no i'll exercise it
15:24	Vexual	megabyte blocks everywhere
15:25	pankkake	scammers mixing coins!
15:25	jurov`	mircea_popescu mia or just lurking and having fun?
15:30	assbot	[HAVELOCK] [NEOBEE] 126 @ 0.00282733 = 0.3562 BTC [-] {7}
		~ 18 minutes ~
15:48	assbot	[HAVELOCK] [NEOBEE] 95 @ 0.00260466 = 0.2474 BTC [-] {5}
15:50	assbot	[HAVELOCK] [CBTC] 1098 @ 0.00011989 = 0.1316 BTC [+] {2}
16:01	assbot	[HAVELOCK] [HMF] 14 @ 0.02590714 = 0.3627 BTC [-] {5}
16:06	assbot	[HAVELOCK] [HMF] 11 @ 0.02580909 = 0.2839 BTC [-] {2}
16:07	assbot	[HAVELOCK] [HMF] 24 @ 0.02289291 = 0.5494 BTC [-] {6}
16:10	Namworld	wanted to buy that contract. I think so, right seems like I would be paying a lot for it
16:10	Namworld	[15:03] <jurov`> stephengandel: what about if i sell you P110Ts at 0.0033 per?
16:10	Namworld	[15:03] <jurov`> you can buy 3 of them for 0.1
16:10	Namworld	[15:03] <jurov`> and once on coinbr account, you'll be free to odo with them as you please
16:10	Namworld	[15:04] <ThickAsThieves> nice
16:10	Namworld	[15:04] <jurov`> *er.. fix: 0.033
16:11	Namworld	what?
16:11	stephengandel	hey, jurov, the fee for buying a put is 1%. Is that for buying and sell?
16:11	Namworld	Arg, stupid mIRC
16:12	stephengandel	Meaning I would pay 1% of my 0.1 when I buy and 1% of what it is worth when I exercize the contract if I do.
16:12	Namworld	this not be right at all. Why did it put that in the clipboard
16:12	stephengandel	Or is it just the 1% when I buy the put
16:13	Namworld	darn
16:13	TomServo	Namworld: I assume you're aware highlighting copies to clipboard?
16:13	Namworld	Yes
16:14	Namworld	I don't think I ever highlighted that part
16:14	ThickAsThieves	lies
16:14	Namworld	Obviously
16:14	Namworld	Human errors > computer errors by quite a large margin.
16:15	Namworld	Sometimes I miscopy something and paste an old clipboard item instead. mIRC sends all lines at once when pasting...
16:15	Namworld	I've just changed my settings so it ask before sending multiple lines
16:15	Namworld	That way I should be able to review
16:19	assbot	[HAVELOCK] [CFIG] 1 @ 0.101 BTC [-]
16:24	assbot	[HAVELOCK] [NEOBEE] 49 @ 0.002681 = 0.1314 BTC [+]
16:32	assbot	[HAVELOCK] [NEOBEE] 208 @ 0.002681 = 0.5576 BTC [+]
16:33	assbot	[HAVELOCK] [NEOBEE] 51 @ 0.00289985 = 0.1479 BTC [+] {4}
16:34	assbot	[HAVELOCK] [NEOBEE] 444 @ 0.00299728 = 1.3308 BTC [+] {2}
16:35	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.0029975 = 0.1499 BTC [+]
16:36	assbot	[HAVELOCK] [NEOBEE] 131 @ 0.0029975 = 0.3927 BTC [+]
16:39	thestringpuller	mm
16:41	assbot	[HAVELOCK] [NEOBEE] 83 @ 0.0029975 = 0.2488 BTC [+]
16:49	jurov`	<stephengandel> hey, jurov, the fee for buying a put is 1%. Is that for buying and sell?
16:49	jurov`	^^ from where you got this?
16:50	jurov`	CoinBr has 0.5% both for buying and selling
16:55	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.00299 = 0.1495 BTC [-]
16:57	stephengandel	hi, does anyone remember if we were talking before about buying puts contracts with a strike price of 65 or 80. Thanks.
16:58	stephengandel	i lost the feed from earlier
16:58	assbot	[HAVELOCK] [AM1] 1 @ 0.349499 BTC [+]
16:59	stephengandel	no wait. I remember it was 1100. never mind. Thanks.
16:59	nubbins`	stephengandel: just search via log.bitcoin-assets.com
16:59	assbot	[HAVELOCK] [AM100] 45 @ 0.0033 = 0.1485 BTC [+]
16:59	assbot	[HAVELOCK] [AM1] [PAID] 27.55189305 BTC to 13`849 shares, 198945 satoshi per share
16:59	stephengandel	how do I do that?
17:00	stephengandel	the search?
17:00	nubbins`	yeah, it's a website, just ctrl-f :)
17:00	nubbins`	or command-f, even
17:00	dub	no dont command-f
17:00	dub	thats for lames
17:01	nubbins`	mildly annoying, X11 apps require control-f whereas native quartz applications use command-f
17:03	assbot	[HAVELOCK] [AM100] [PAID] 6.28636680 BTC to 332`612 shares, 1890 satoshi per share
17:16	assbot	[HAVELOCK] [NEOBEE] 80 @ 0.0029975 = 0.2398 BTC [+]
17:20	assbot	[HAVELOCK] [NEOBEE] 762 @ 0.00300351 = 2.2887 BTC [+] {7}
17:21	Namworld	http://www.theguardian.com/world/video/2013/dec/04/nigerian-rescued-sunken-boat-trapped-atlantic-video
17:21	ThickAsThieves	holy crap
17:22	Namworld	3 days in an air pocket in a sunken boat at the bottom of the atlantic... must feel lonely
17:28	Duffer1	o.0
17:29	arbon	Lonely? I'm thinking more like terrified
17:30	ThickAsThieves	http://www.theverge.com/2013/12/4/5175488/researchers-find-400000-year-old-human-dna-spain-oldest-found
17:30	ozbot	Oldest ever human DNA found in Spain, raises new questions about evolution | The Verge
17:32	assbot	[HAVELOCK] [VTX] 25 @ 0.1518 = 3.795 BTC [+]
17:32	Apocalyptic	these nigerians are resilient
17:32	ThickAsThieves	wow ebay fees are absurd
17:33	truffles	haha
17:33	ThickAsThieves	i havent sold there in forever
17:33	truffles	so u r interested in evoluation TAT
17:33	ThickAsThieves	they take like 10%
17:33	ThickAsThieves	i evolve every day
17:33	Apocalyptic	lulz
17:34	assbot	[HAVELOCK] [COG] 3 @ 0.05699969 = 0.171 BTC [+]
17:34	pankkake	yes, they've been slowly increasing fees over the years
17:34	Namworld	Like government increase taxes?
17:35	pankkake	well, they aren't preventing anyone to use competitors yet!
17:35	assbot	[HAVELOCK] [AM1] 1 @ 0.34899997 BTC [-]
17:35	ThickAsThieves	so what do people use instead?
17:35	ThickAsThieves	craigslist?
17:35	pankkake	I still use ebay… it has the most stuff
17:36	ThickAsThieves	meh
17:36	ThickAsThieves	fukn robbery
17:36	pankkake	and the most buyers too
17:36	pankkake	craigslist doesn't have a reputation system right?
17:36	deadweasel	nope
17:36	ThickAsThieves	well i'm a seller in this case
17:37	pankkake	I guess it's ok if you sell it face-to-face
17:37	ThickAsThieves	yeah
17:37	deadweasel	ThickAsThieves: what are you slinging now?
17:37	ThickAsThieves	nunya
17:37	deadweasel	i'll take 3
17:37	deadweasel	does it mine?
17:37	deadweasel	;)
17:38	ThickAsThieves	heh i thought i invented nunya just now
17:38	ThickAsThieves	apparently not
17:38	assbot	[HAVELOCK] [NEOBEE] 150 @ 0.00301699 = 0.4525 BTC [+] {2}
17:38	ThickAsThieves	;;ud nunya
17:38	gribble	http://www.urbandictionary.com/define.php?term=nunya | 2. nunya. A response to a rude question where someone is asking for personal information they are not ... Nunya is part of a burn to follow such a rude inquiry.
17:38	ozbot	Urban Dictionary: nunya
17:38	pankkake	I can sell you an abacus. It mines.
17:41	ThickAsThieves	https://bitcointalk.org/index.php?topic=357022.msg3827014#msg3827014 pankkake, SMG is making a Second Life?
17:41	ozbot	New stock on Havelock: 7C (Games on the 7th continent)
17:41	pankkake	I don't know, it's a MMORPG?
17:41	ThickAsThieves	i thought it was an mmorpg?
17:41	pankkake	with bitcoin economy in it? well, it seems similar enough to me
17:42	ThickAsThieves	now that you frame it that way i guess it is the same
17:42	ThickAsThieves	but better
17:42	ThickAsThieves	cuz you can slay monsters
17:42	ThickAsThieves	etc
17:42	pankkake	oh, right. second life is just boring
17:42	ThickAsThieves	yep
17:43	pankkake	actually, people who are into second life are really weird… not that there is anything wrong with that, but certainly not the WoW people
17:43	ThickAsThieves	they are mor elike Sims players
17:43	ThickAsThieves	which also painfully boring
17:43	ThickAsThieves	is
17:44	pankkake	sims is manipulating people, second life is being someone else
17:44	pankkake	(usually a transexual furry slave)
17:46	truffles	ha
17:46	truffles	what do u play?
17:46	assbot	[HAVELOCK] [NEOBEE] 777 @ 0.003017 = 2.3442 BTC [+]
17:46	pankkake	I tried SL a few years ago, played a girl with big boobs, got naked in public, and then got bored
17:47	pankkake	but I don't really like MMORPGs either
17:47	truffles	"got bored" playing a woman hmmm
17:48	dub	its pretty boring
17:48	dub	you can grind out real money from 'playing' sl though
17:48	truffles	never played
17:49	pankkake	yeah, kill something for <30min, that's my idea of a video game :D
17:49	Namworld	"Playing" doesn't pay. Design skins and objects for the game, sell them.
17:50	dub	you can get payed for just being in an area
17:50	ThickAsThieves	probly something Eulora will also be better at
17:50	assbot	[HAVELOCK] [VTX] 1 @ 0.15 BTC [-]
17:50	Namworld	I don't work for 0.1 cent an hour.
17:50	dub	since area populatrity is self fulfulling, if you have people in your area other people will come and check it out
17:50	pankkake	https://en.wikipedia.org/wiki/Economy_of_Second_Life#Monetary_policy hahaha
17:50	ozbot	Economy of Second Life - Wikipedia, the free encyclopedia
17:51	Namworld	Then sell the SLL on virwox for BTC!
17:51	dub	so people pay other people to be in their areas, but yeah bored housewives grinding out pennies for kink is probably 90% of hte userbase
17:52	dub	I went and checked out their in-world presence, you can buy btc inside the game too
17:53	pankkake	I thought they banned exchanges or something
17:53	Namworld	You can? Weird
17:53	dub	this was a couple of years ago I guess
17:54	dub	theres some good trolling lulz to be had in SL
17:58	jurov`	stephengandel: i'm going off, email to coinbr support when you make up your mind, or have questions
17:59	assbot	[HAVELOCK] [NEOBEE] 40 @ 0.0030173 = 0.1207 BTC [+]
18:03	ThickAsThieves	"Okene was strapped into diving equipment, then led to a diving bell which took him to the surface, where he spent two days in a decompression chamber. "
18:03	ThickAsThieves	guy had to confined 2 more days!
18:03	ThickAsThieves	be
18:04	deadweasel	best two days of his life
18:04	deadweasel	anticipation of life
18:05	truffles	or death
18:06	Apocalyptic	http://www.businessinsider.com/hugh-hendry-bitcoin-could-hit-1-million-2013-12
18:06	ozbot	Hugh Hendry Bitcoin Could Hit 1 Million - Business Insider
18:07	pankkake	"If I could own Bitcoin, I would" what
18:07	pankkake	I'll sell you one for $10000 Hugh, don't worry
18:07	deadweasel	that means he does.
18:07	pankkake	clever!
18:07	assbot	[HAVELOCK] [NEOBEE] 500 @ 0.0030173 = 1.5087 BTC [+]
18:07	assbot	[HAVELOCK] [AM1] 3 @ 0.34899998 = 1.047 BTC [+]
18:08	Apocalyptic	"The reason Hendry doesn't own Bitcoin is because it's not available on a regular exchange
18:08	Apocalyptic	", rofl
18:08	deadweasel	a lot of effort into that excuse.
18:09	deadweasel	this Riddick 3 hdcam is awesome.
18:09	deadweasel	total formula flick, but good
18:10	kakobrekla	http://lamborghininewportbeach.blogspot.com/2013/12/we-just-sold-our-very-first-vehicle.html
18:10	ozbot	Lamborghini Newport Beach Blog: We just sold our very first vehicle with Bitcoin as legal tender
18:10	pankkake	as legal tender?
18:10	kakobrekla	dunno
18:10	kakobrekla	havent read it
18:12	ThickAsThieves	it's Bugpowder!
18:13	dub	https://twitter.com/Wu_Tang_Finance/status/408370614315925504
18:13	ozbot	Twitter / Wu_Tang_Finance: I WAS A TERROR SINCE THE BUSINESS ...
18:13	kakobrekla	i bet it went for less than my Golf
18:13	pankkake	makes no sense to buy a car with bitcoin, just take a fiat loan
18:13	pankkake	fiat, hehe!
18:13	kakobrekla	dont buy Fiat!
18:13	ThickAsThieves	buy a Fiat with bitcoin
18:14	dub	dont buy vw either, jesus
18:14	pankkake	buy a silver fiat panda
18:14	kakobrekla	well, twas only 500 btc ya know
18:15	pankkake	at least it wasn't a pizza…
18:16	Apocalyptic	still a pretty expensive golf
18:16	ThickAsThieves	1 pizza costs 20 Teslas
18:16	ThickAsThieves	wacky world
18:16	kakobrekla	yes one of the worst deals i have done :)
18:16	assbot	[HAVELOCK] [AM1] 1 @ 0.3489 BTC [-]
18:17	dub	doesnt matter how much you pay, ending up owning a golf is bad deal
18:17	kakobrekla	lol ok w/e
18:18	dub	purchase price $1, yearly maintenance bill $1000000
18:18	kakobrekla	not here
18:18	kakobrekla	here is one of the cheapest cars to run
18:18	kakobrekla	and it breaks down very little
18:19	kakobrekla	and you can go to bosnia and back and still come back with a car in 1 piece :)
18:19	dub	facts be damned by golf was a peice of shit
18:20	kakobrekla	why the hate, did golf kill your family and rape your butt?
18:20	dub	vr6 rice racer model, runs hotter than the sun, every fucking part needed importing
18:21	kakobrekla	i think you must be stuck in some alternate reality
18:21	dub	burns oil faster than petrol
18:21	Apocalyptic	hate oil burners..
18:21	kakobrekla	lol
18:21	dub	I am stuck very fucking far from yurup which didn thelp
18:22	kakobrekla	doenst make them a shit car if you are in fuckin usa
18:22	dub	yes it DOES
18:22	kakobrekla	just makes you in a bad position :)
18:22	dub	FU
18:22	kakobrekla	dub got all pissy
18:23	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.0030173 = 0.1509 BTC [+]
18:23	kakobrekla	do not ever again metion golf
18:23	pankkake	it's funny how there are almost no american cars in yurop
18:23	kakobrekla	words of wisdom
18:23	kakobrekla	pankkake cause they are retarded
18:25	truffles	when did it become a yurop thing..
18:25	pankkake	I doubt asians buy any either yeah
18:25	pankkake	but everyone buys their cars
18:30	assbot	[HAVELOCK] [NEOBEE] 2975 @ 0.00301829 = 8.9794 BTC [+] {3}
18:31	assbot	[HAVELOCK] [HIF] 1000 @ 0.000451 = 0.451 BTC [-]
18:32	pankkake	so, all current black markets are closing/closed now. we'll see if bitcoin is about drugs
18:33	dub	because they they make the best cars
18:33	assbot	[HAVELOCK] [NEOBEE] 1140 @ 0.0030184 = 3.441 BTC [+] {3}
18:37	assbot	[HAVELOCK] [NEOBEE] 350 @ 0.0030184 = 1.0564 BTC [+]
18:37	truffles	pankkake was there a major crack down?
18:38	pankkake	no, BMR shuts down because "they have no competition"
18:38	truffles	isnt that a good thing
18:38	pankkake	too much users to handle
18:39	pankkake	(and owner is probably rich enough to retire)
18:39	truffles	i c
18:39	pankkake	http://www.deepdotweb.com/2013/12/01/bmr-is-shutting-down/
18:39	ozbot	BMR Is Shutting Down | Deep Dot Web
18:39	truffles	where r all the addicts gonna turn now
18:39	pankkake	BMR was guns, too
18:43	Apocalyptic	<pankkake> no, BMR shuts down because "they have no competition" // first time i hear that justification for shutting down
18:43	pankkake	"This puts BMR in the edge of the blade, Tor can’t support any site to be too big"
18:44	assbot	[HAVELOCK] [NEOBEE] 200 @ 0.00301 = 0.602 BTC [-]
18:48	assbot	[HAVELOCK] [NEOBEE] 100 @ 0.00301 = 0.301 BTC [-]
18:49	assbot	[HAVELOCK] [VTX] 2 @ 0.14110003 = 0.2822 BTC [-]
18:50	assbot	[HAVELOCK] [HMF] 11 @ 0.02499727 = 0.275 BTC [+] {3}
18:56	dub	its the gox doctrine
18:56	dub	'we suck because we're so popular'
18:57	Apocalyptic	true
19:02	dub	was looking for this earlier, probably the greatest moment in second life http://www.youtube.com/watch?v=RedLyae4b2s
19:04	truffles	"inappropriate for some users"
19:05	dub	cocks everywhere
19:05	kakobrekla	i dont see how some random dicks running around is funny
19:05	truffles	predators find it funny
19:05	kakobrekla	i mean, its nothing new.
19:05	kakobrekla	dicks.
19:05	dub	this was like the first live-to-reality interview with the richest secondlifer
19:06	dub	I guess it needs context
19:06	kakobrekla	who is the richest secondlifer
19:06	dub	but then I guess you should have lurked moar amirite?
19:06	truffles	ya cuz im not signed in
19:06	dub	anshe chung
19:06	kakobrekla	that girl?
19:06	dub	if you don't know about everything that ever happened on the internet its not my fault
19:07	dub	http://en.wikipedia.org/wiki/Anshe_Chung
19:07	ozbot	Anshe Chung - Wikipedia, the free encyclopedia
19:07	assbot	[HAVELOCK] [DEALCO] 50 @ 0.00225002 = 0.1125 BTC [-]
19:08	kakobrekla	"Chung currently owns thousands of servers' worth of land, "
19:08	kakobrekla	lol ok
19:08	pankkake	it's really a girl?
19:09	kakobrekla	this second life land, which the creators can print to infinity?
19:09	truffles	impressive
19:09	kakobrekla	like dollars n stuff
19:09	dub	no, they have to buy it off linden labs amd pay rent
19:09	dub	but yeah, LL can add as much 'land' as they like to a point
19:09	kakobrekla	ok but linden makes this out of shits and gigles
19:10	kakobrekla	great investment
19:10	dub	well she made bank
19:11	truffles	"With her first Linden dollars she was able to sponsor a boy named Geo from the Philippines through a German church organization."-- pretty cool imo
19:11	assbot	[HAVELOCK] [NEOBEE] 262 @ 0.0029016 = 0.7602 BTC [-]
19:12	kakobrekla	that should read 'she sponsored german church with a young boy from philippines'
19:12	dub	creating stuff like buildings, vehicles, furniture, genitalia in game takes actual work, she used sweatshops to produce shit and sold it/rented property
19:12	kakobrekla	i wonder what they paid her.
19:19	assbot	[HAVELOCK] [NEOBEE] 88 @ 0.0029016 = 0.2553 BTC [-]
19:23	assbot	[HAVELOCK] [KCIM] 1 @ 0.15 BTC [+]
19:23	assbot	[MPEX] [S.MPOE] 790 @ 0.00081324 = 0.6425 BTC [-]
19:24	truffles	SL is not for lazi ppl
19:25	assbot	[MPEX] [S.MG] 1500 @ 0.000158 = 0.237 BTC [+]
19:26	kakobrekla	;;xau
19:26	gribble	Error: "xau" is not a valid command.
19:26	kakobrekla	what is
19:26	kakobrekla	;;bc,xau
19:26	gribble	1 XAU = 1239.700000000000 USD = 1.00461913294 BTC
19:29	dub	heh
19:29	dub	<bbrox> Look you are blinded by BitCoin as is Peter Schiff by Gold and Greenspan by the Dollar. I am saying Trading LiteCoin has Advantage a) and Advantage b). I did my due dilligence and I know
19:30	dub	what i found out. There is nothing on earth that is going to convice me otherwise, especially not
19:30	dub	you.
19:30	dub	...
19:30	dub	<bbrox> dub, and gox by some fat american bastard
19:30	dub	nice due dilligence thar
19:31	kakobrekla	so ltc is better than btc cause france is in merrica?
19:32	dub	yea
19:32	kakobrekla	i should defo get sum
19:33	Apocalyptic	is just Karpeles french or ne0futur too ?
19:34	assbot	[HAVELOCK] [NEOBEE] 261 @ 0.0029999 = 0.783 BTC [+]
19:35	truffles	dub uve gotten me to watch this sad display of SL omg
19:35	assbot	[HAVELOCK] [VTX] 3 @ 0.1493333 = 0.448 BTC [+] {3}
19:35	assbot	[HAVELOCK] [AM1] 3 @ 0.34879999 = 1.0464 BTC [-]
19:35	dub	I didn't think ne0futur worked there, he just hangs of tux' dick
19:35	dub	off*
19:35	Apocalyptic	dub, i've been told he's gox #2
19:36	truffles	"dancing with myself" and this http://www.youtube.com/watch?v=RRj3HNx8_wA
19:36	assbot	[HAVELOCK] [VTX] 2 @ 0.14999996 = 0.3 BTC [+] {2}
19:36	assbot	[HAVELOCK] [AM100] 80 @ 0.00327769 = 0.2622 BTC [+] {2}
19:36	assbot	[HAVELOCK] [HIF] 812 @ 0.000451 = 0.3662 BTC [-]
19:36	dub	Apocalyptic: must be a recent thing
19:36	Namworld	What happened to the new satoshidice?
19:38	assbot	[HAVELOCK] [VTX] 1 @ 0.14999997 BTC [+]
19:39	assbot	[MPEX] [S.MPOE] 6645 @ 0.00080683 = 5.3614 BTC [-]
19:40	dub	as recently as a couple of months ago when I challenged him on his rampant gox shilling he claimed to have no attachment beyond fanboy
19:41	dub	he did have insider info from tux however
19:43	ThickAsThieves	just in case any of you can help, why is firewire service not showing in my new W7 machine?
19:44	ThickAsThieves	do new updates remove it or somehting
19:46	truffles	dunno what firewire is
19:46	ThickAsThieves	1394
19:46	ThickAsThieves	it's like USB
19:46	ThickAsThieves	but like SCSI
19:46	Duffer1	have you tried newest drivers?
19:47	ThickAsThieves	but Apple-fied
19:47	ThickAsThieves	well all the firewire drivers exist
19:47	dub	you are the first person I've ever heard of using firewire
19:47	assbot	[MPEX] [O] [O.USD.P095T] 10 @ 0.02 = 0.2 BTC [-]
19:47	dub	congrats
19:47	Duffer1	oh apple i know not
19:47	ThickAsThieves	dub, it's for my sound card
19:47	ThickAsThieves	a MOTU
19:48	ThickAsThieves	and old one
19:48	ThickAsThieves	an*
19:48	Duffer1	so apple running win7 w/ fire wire issue?
19:48	ThickAsThieves	no
19:48	nubbins`	i've got an old minidv camcorder that does firewire
19:48	ThickAsThieves	it actually works fine on the apple w7 setup
19:48	ThickAsThieves	this is just a normal w7 setup
19:49	ThickAsThieves	i'm worried the mobo cant support it at all or something
19:49	Duffer1	ya i was gonna say
19:49	truffles	but its brand new pc
19:49	truffles	shame
19:49	ThickAsThieves	but usually there is a category in Device Manager
19:49	ThickAsThieves	for 1394
19:49	Duffer1	has it ever worked on that comp?
19:49	ThickAsThieves	but it;s not even there
19:49	ThickAsThieves	its new
19:50	Duffer1	i'm shocked it even has a firewire plugin
19:50	ThickAsThieves	it doesnt
19:50	Duffer1	sound card?
19:50	ThickAsThieves	its a pci-e card
19:50	Duffer1	i see
19:50	ThickAsThieves	firewire sound cards are external
19:50	ThickAsThieves	it connects to the pcie
19:51	ThickAsThieves	its actually not a sound "card" at all
19:51	ThickAsThieves	its a rackmount unit
19:52	Duffer1	if it's pcie it shouldn't have a problem though
19:52	ThickAsThieves	http://media.soundonsound.com/sos/jul04/images/motu828mkii.l.jpg
19:52	Duffer1	sounds like some kind of driver issue, sorry man that's the extent of my suggestions :/
19:53	ThickAsThieves	i had the card showing up as a yellow ?
19:53	benkay	does anyone have an email for jurov`
19:53	benkay	?
19:53	truffles	have u tried uninstalling and reinstalling? :D
19:53	ThickAsThieves	yeah, since uninstall it doesnt show at all now :/
19:53	ThickAsThieves	benkay i do
19:53	ThickAsThieves	i hope that helps
19:53	ThickAsThieves	:)
19:54	ThickAsThieves	support@coinbr.com
19:54	Duffer1	tat what's make/model of the unit?
19:54	ThickAsThieves	of what
19:54	ThickAsThieves	the mobo?
19:54	Duffer1	the audio equipment
19:54	benkay	thankee kindly, sir.
19:54	ThickAsThieves	thats not the issue
19:55	ThickAsThieves	w7 doesnt even see the pcie card
19:55	ThickAsThieves	anymore
19:55	Duffer1	have you tried a different pci-e slot?
19:55	ThickAsThieves	the pcie card and the sound card are two diff products
19:56	ThickAsThieves	no
19:56	Duffer1	so the pci-e is firewire specific?
19:56	ThickAsThieves	it is a firewire card
19:56	Duffer1	ohhh ok
19:57	ThickAsThieves	oh well, back to the frustration
19:58	truffles	if its broken before u even got to use it, tough times ahead
19:58	nubbins`	honey shreddies
19:59	Duffer1	thickasthieves http://answers.microsoft.com/en-us/windows/forum/windows_7-hardware/firewire-devices-not-getting-recognized-on-windows/5202e866-aed8-4a04-8e8b-9927a1906971
20:00	Duffer1	thickasthieves scroll down to afzal taher's reply where he has you swap to legacy drivers
20:05	assbot	[HAVELOCK] [AM1] 1 @ 0.34879999 BTC [-]
20:10	ThickAsThieves	nope, changing the pcie slot worked!
20:10	Duffer1	ah right on :)
20:10	truffles	gj Duffer1
20:11	Duffer1	mobo hardware fault on the first slot was actually my least likely scenario, but you gotta cover the bases anyways in pc troubleshooting
20:12	Duffer1	still might not even be a hardware fault hehe
20:15	dub	a lot of boards have shit like shared bus for the first pcie x1 and x16 slots
20:15	dub	so its one or the other, or bios switchable
20:16	Duffer1	or irq conflict
20:16	dub	two at x4 or one at x16 etc
20:16	assbot	[HAVELOCK] [AM1] 3 @ 0.3401 = 1.0203 BTC [-]
20:16	dub	don't assume its faulty before reading mobo spec anyway
20:18	ThickAsThieves	dub, yeah the gpu was the next slot
20:20	dub	I had trouble getting 5 pcie slots working that turned out ot be a bios switch, run the 3rd x16 slot at x4 livens up the last x1 slot
20:21	dub	crazy taiwanese
20:22	ThickAsThieves	i really should have known this already from my gpu mining days
20:22	ThickAsThieves	dub did you see my comment earlier today about my new speaker setup?
20:22	ThickAsThieves	i recall you being into this stuff
20:22	dub	must have mised it
20:23	dub	should get back into it actually
20:23	dub	made nice setup in new houes for my turnies and shit, havent actually used them
20:26	dub	you linking or do I need ot read the whole log :)
20:27	assbot	[HAVELOCK] [HMF] 6 @ 0.02231001 = 0.1339 BTC [-] {5}
20:27	kakobrekla	you got techicks?
20:28	assbot	[HAVELOCK] [NEOBEE] 70 @ 0.003 = 0.21 BTC [+]
20:28	kakobrekla	technics*
20:29	dub	yessir mark 5s
20:29	truffles	http://www.youtube.com/watch?v=j2A002Em8Yw skip to 1:17min
20:29	kakobrekla	yeah i got mk5 too
20:29	kakobrekla	teh standard.
20:30	assbot	[MPEX] [S.MPOE] 8294 @ 0.00080801 = 6.7016 BTC [+] {2}
20:30	dub	got SL3 cheap from my homie at serato
20:30	kakobrekla	i bought them like 10 years go
20:30	kakobrekla	ago
20:30	dub	same
20:31	kakobrekla	what setup you got tat?
20:32	assbot	[HAVELOCK] [HIF] 740 @ 0.00044 = 0.3256 BTC [-] {4}
20:33	assbot	[HAVELOCK] [HIF] 500 @ 0.000431 = 0.2155 BTC [-]
20:33	assbot	[HAVELOCK] [NEOBEE] 50 @ 0.00299999 = 0.15 BTC [-]
20:33	truffles	http://www.youtube.com/watch?v=RsM2ZbQtulM lol
20:33	ozbot	ROCK-HARD-COCK - YouTube
20:34	dub	tat gonna be rocking srs bzns
20:34	dub	having heard his shit
20:34	Duffer1	with that rack he's got, i'm sure he didn't go budget on the monitors, i bet it sounds pretty good :P
20:36	thestringpuller	started from the bottom now we're here
20:36	thestringpuller	started from the bottom now the whole fuckin' team is here
20:36	thestringpuller	uh uh uh I'm drake
20:36	thestringpuller	uh uh
20:36	ThickAsThieves	sorry, dub ws afk
20:37	ThickAsThieves	i got full setup of neumann monitors and woofer
20:37	ThickAsThieves	killer killer killer
20:37	truffles	dub u could at least appreciate that cock game
20:38	dub	truffles: i made the call not to watch that at work
20:38	truffles	work pff
20:38	dub	don't want teh gays in security thinking I'm down
20:38	truffles	haha
20:38	truffles	its a game with a "hard" penis just rolling through like mario
20:38	truffles	or sonic
20:39	truffles	why r u still at work!
20:39	truffles	its way past overtime hrs in the east
20:41	dub	its december
20:41	thestringpuller	dub works the farms
20:41	thestringpuller	listening to that wub wub
20:41	assbot	[HAVELOCK] [HIF] 260 @ 0.00043134 = 0.1121 BTC [+] {2}
20:41	thestringpuller	dub dub dub wub wub dub wub
20:41	dub	and every project has a unique snowflake trying to ram his shit through before brownout
20:41	dub	so dubs don't get to sleep
20:42	truffles	hope u party it up
20:42	assbot	[HAVELOCK] [HIF] 398 @ 0.00044001 = 0.1751 BTC [+]
20:42	dub	I have three weeks in wine country from the 20th
20:42	dub	off grid, no cell coverage
20:42	truffles	:)
20:43	assbot	[HAVELOCK] [AM1] 5 @ 0.341 = 1.705 BTC [+]
20:43	truffles	i asked a friend why not take cell "just in case" lol
20:44	truffles	ofc i get it now
20:45	thestringpuller	dub has miles to go before he sleeps
20:45	thestringpuller	cause he has promises to keep
20:46	thestringpuller	!ticker h am100
20:46	assbot	[HAVELOCK:AM100] 1D: 0.00314120 / 0.00326529 / 0.00337880 (637 shares, 2.07999251 BTC), 7D: 0.00102001 / 0.00305895 / 0.00508899 (30802 shares, 94.22169677 BTC), 30D: 0.00102001 / 0.00447466 / 0.00802006 (165935 shares, 742.50348228 BTC)
20:46	truffles	http://www.youtube.com/watch?v=wV2YIUsZSJQ
20:46	ozbot	Innomine x Lee Kim - Promise To Keep It - YouTube
20:47	thestringpuller	so truffles, i learned the other dy
20:47	thestringpuller	day
20:47	thestringpuller	that truffles are traded on the black market
20:48	thestringpuller	;;seen pigeons
20:48	truffles	k
20:48	gribble	pigeons was last seen in #bitcoin-assets 2 weeks, 5 days, 11 hours, 29 minutes, and 27 seconds ago: <pigeons> well he was sorry i'm sure
20:48	truffles	its just an alias though
20:48	dub	http://www.youtube.com/watch?v=huOtZVPxzT8
20:48	ozbot	Bob Marley - Work [05] - YouTube
20:48	thestringpuller	www.youtube.com/watch?v=08tYrBCgXlU
20:49	thestringpuller	http://www.youtube.com/watch?v=08tYrBCgXlU
20:49	thestringpuller	lol ozbot lag
20:49	dub	thestringpuller++
20:50	Duffer1	oh man that makes me miss my record player
20:50	thestringpuller	Didn't know there were so many Isley Brothers fans in the house.
20:51	nubbins`	every home needs a good turntable
20:52	Duffer1	i still have all my old vinyl, no record player though hehe
20:52	Vexual	http://www.youtube.com/watch?v=JKejQsiHINg
20:52	ozbot	Frankie Paul - Work Hard - YouTube
20:54	ThickAsThieves	i have Pharcyde - Labcabcalifornia on my turntable
20:54	Vexual	ive got lana del ray
20:54	Vexual	dont remember playing that
20:56	truffles	think she's good link it
20:56	assbot	[HAVELOCK] [NEOBEE] 275 @ 0.00299998 = 0.825 BTC [-] {2}
20:57	ThickAsThieves	lana del ray has like 1 good song
20:57	ThickAsThieves	if i recall
20:58	truffles	summertime sadness?
20:58	Vexual	whole mp sounds nice through a needle
20:58	Vexual	*lp
20:58	Vexual	:)
20:58	ThickAsThieves	i suppose i didnt give her a full chance
20:58	ThickAsThieves	but thats cuz her rap xover attempt
20:58	dub	http://www.youtube.com/watch?v=48LLdLbAiQg
20:58	ozbot	Fatlip - What's Up Fatlip [VIDEO] - YouTube
20:59	truffles	dub listens to rap, shocker
20:59	assbot	[HAVELOCK] [VTX] 1 @ 0.14999999 BTC [+]
21:00	dub	GANSTA yeard
21:00	truffles	yeard = nerd*
21:02	Vexual	and the loot
21:02	nubbins`	i was listening to OM earlier on my turntable
21:03	nubbins`	nice music to get stoned & evolve to
21:04	Vexual	what om?
21:04	assbot	[HAVELOCK] [AM1] 1 @ 0.34799999 BTC [+]
21:04	nubbins`	live conference
21:05	nubbins`	two sides, two tracks :D
21:06	mircea_popescu	sooo what's new
21:06	nubbins`	that and the live jesus lizard album have both been getting some heavy play
21:06	deadweasel	i got a new woman.
21:07	Vexual	sounds like attempted sabbath or something
21:07	truffles	deadweasel with pics?
21:07	nubbins`	ah, a bit more doomy
21:07	Vexual	and the neo bee guys seem nice apparently
21:07	nubbins`	and with more christian iconography
21:07	Vexual	sabbathy floydy?
21:07	Vexual	greatfuldeady?
21:07	assbot	[MPEX] [S.MPOE] 10192 @ 0.0008112 = 8.2678 BTC [+]
21:07	thestringpuller	nubbins` smokes the blunts?!?!?
21:07	nubbins`	nah, not even
21:07	thestringpuller	i would have never guessed
21:08	nubbins`	Vexual: http://www.youtube.com/watch?v=-O8eqR-9qMM
21:08	thestringpuller	being an artist and all
21:08	nubbins`	thestringpuller: never woulda guessed, hey? ;p
21:08	nubbins`	Vexual: ffw to 5:30 if you get bored
21:09	truffles	dub http://www.youtube.com/watch?v=MU0f2V-WX6w
21:09	Vexual	it's nice, i might wait antil dark to give it a listen, its noon here
21:09	nubbins`	yah, night music
21:10	nubbins`	;;bc,xau
21:10	gribble	1 XAU = 1240.000000000000 USD = 1.01556101556 BTC
21:10	nubbins`	so close
21:10	kakobrekla	i heard it passed
21:10	nubbins`	;;ticker
21:10	kakobrekla	http://bitbet.us/bet/598/1-btc-will-surpass-price-of-1-troy/#c2004
21:10	gribble	MtGox BTCUSD ticker | Best bid: 1223.31724, Best ask: 1224.98, Bid-ask spread: 1.66276, Last trade: 1221.0, 24 hour volume: 17789.40413775, 24 hour low: 1131.72718, 24 hour high: 1240.0, 24 hour vwap: 1201.99894
21:10	ozbot	BitBet - 1 BTC will surpass price of 1 Troy Oz of Gold in USD
21:11	mircea_popescu	hasn't passed yet afaik, but they kissed once before
21:11	kakobrekla	but but teh commentz sais NO
21:14	thestringpuller	;;ticker
21:14	gribble	MtGox BTCUSD ticker | Best bid: 1224.005, Best ask: 1232.0, Bid-ask spread: 7.99500, Last trade: 1232.0, 24 hour volume: 17845.20159732, 24 hour low: 1131.72718, 24 hour high: 1240.0, 24 hour vwap: 1202.10105
21:16	assbot	[MPEX] [S.MPOE] 12800 @ 0.00081181 = 10.3912 BTC [+] {2}
21:22	Vexual	i want to see the v v video of um ah danny at this err cornerence
21:23	assbot	[HAVELOCK] [NEOBEE] 119 @ 0.00301 = 0.3582 BTC [+]
21:24	Vexual	i shoulkn't joke really, the only public speaking i ever do is when im three sheets to the wind, and i havn't been invited
21:24	nubbins`	it's definitely a skill
21:26	Vexual	is danny the main guy or the talkie face?
21:29	Vexual	there at lease looks like the possiblity of some value in their tech infrastructure already
21:32	mircea_popescu	;;eauth
21:32	gribble	(eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
21:32	mircea_popescu	;;eauth mircea_popescu
21:32	gribble	Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452
21:32	Vexual	logo on the eftpos and shit
21:33	mircea_popescu	;;everify freenode:#bitcoin-otc:fd5b35a2d2c684170319ac0b7d6e11bf98998e51958e5964a401066e
21:33	gribble	You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
21:35	Vexual	http://www.youtube.com/watch?v=mhN93rFZuJs
21:35	ozbot	Business Time - Flight Of The Conchords (Lyrics) - YouTube
21:48	Vexual	i need a business that needs lots of capital so i can ipo like all the cool kids
21:49	mircea_popescu	an oil tanker factory.
21:49	Vexual	doesnt sound risky enough
21:49	mircea_popescu	prolly cost 10 bn to make one.
21:49	Duffer1	offer consulting services, fill the prospectus with words like synergize, ipo
21:50	Duffer1	risky for who?
21:50	asciilifeform	launch satellites. doesn't get much more risky than that.
21:50	Vexual	i already do, and my costs are low
21:50	asciilifeform	what's the state of the art? 20% failure?
21:50	Vexual	that more like it
21:51	Vexual	wheres cheapest to launch? im sick of this place
21:51	mircea_popescu	seriously, romania launched a fucxking satellite.
21:51	mircea_popescu	this shit is not as hard as making asics.
21:51	Vexual	nope
21:52	Vexual	making a good satellite is harder than getting it up
21:52	nubbins`	there's a launch pad in french guyana
21:52	nubbins`	nice weather down there
21:52	nubbins`	expensive tho
21:52	Vexual	a launchpad is just a concrete slab with predictable waether
21:53	nubbins`	nod
21:53	nubbins`	well i think it's actually a fully-fledged spaceport
21:53	nubbins`	whatever that entails
21:53	nubbins`	a few vending machines in the lobby, at least
21:53	Vexual	google still doing that low orbit free internet for plebs thing?
21:54	nubbins`	not sure if joking
21:54	Vexual	paid for by the local goat butcher
21:54	Vexual	they were planning to have an array across 35deg south or something so they can get africa
21:55	Vexual	sending em up with ballons
21:55	nubbins`	Vexual: http://www.youtube.com/watch?v=hIw7oeZKpZc
21:55	nubbins`	that's *one song*
21:55	nubbins`	63:35
22:00	Vexual	sounds like the soundtrack to the road to the place that wolf creek was based on
22:01	Vexual	1000km north of woomera through the desert
22:01	Vexual	no greeting but a donkey with hooves growing through its knees, and no pies
22:02	Vexual	flee immediately
22:03	nubbins`	no vocals until 8:something
22:04	nubbins`	the story here is that this band went to their label
22:04	nubbins`	"here's our new album"
22:04	nubbins`	a single 63-minute track
22:04	nubbins`	label says "no, go fuck yourselves"
22:04	Vexual	that was the reply when i enquired about pies
22:04	thestringpuller	;;bc,stats
22:04	thestringpuller	.d
22:05	gribble	Current Blocks: 273123 | Current Difficulty: 7.074082830514966E8 | Next Difficulty At Block: 274175 | Next Difficulty In: 1052 blocks | Next Difficulty In About: 6 days, 7 hours, 11 minutes, and 8 seconds | Next Difficulty Estimate: 870647259.088 | Estimated Percent Change: 23.07564
22:05	nubbins`	haha
22:05	mircea_popescu	so did that stephen guy ever manage to short bitcoin ?
22:05	thestringpuller	;;calc (870647259.088 * .23) + 870647259.088
22:05	gribble	1070896128.68
22:05	nubbins`	then it was eventually released on another label chopped into a half dozen tracks
22:05	nubbins`	and then 4 years later in its original form
22:06	twizt	sup guys
22:06	Vexual	you're extra newbie friendly lately mp
22:06	nubbins`	ah, stephen didn't seem like he was ready to pull the trigger
22:06	nubbins`	hey twizt
22:07	mircea_popescu	Vexual i've always been newbie friendly
22:07	Duffer1	that gave me a good laugh :P
22:08	Duffer1	have you seen your website?
22:08	Duffer1	<3
22:08	nubbins`	newbs only get confused by shiny things
22:08	Vexual	do you still have the wallet of your first transaction mp? remember the date?
22:09	twizt	i was curious about something, and was wondering if you guys had any idea. are there legit bitcoin crowdfunding places? like instead of selling shares sell the actual product, like kickstart. i was looking at bitcoin ipos but most of those sites seem to go down fast and they issue shares/bonds with HYIP like returns lol
22:09	nubbins`	twizt: i think there's a "bitcoinstarter". usual caveats apply
22:09	mircea_popescu	not so far.
22:09	nubbins`	nothing i'd feel comfortable sending money to
22:09	twizt	im trying to start a hot sauce company
22:09	Vexual	what do you wanna fund twista?
22:09	Vexual	you havent got $30?
22:09	mircea_popescu	mustard and ketchup in the same bottle ?
22:09	twizt	lol nah
22:10	Duffer1	it's a multi layered barrier because you're dealing with security noobs, securities noobs, crypto currency noobs, and noob traders
22:10	twizt	ive actually put serious effort into it
22:10	nubbins`	sriracha sauce?!
22:10	twizt	nubbins`: better man
22:10	mircea_popescu	Duffer1 well i took him to mean verbally.
22:10	nubbins`	;)
22:10	nubbins`	GOCHUJANG?!?!
22:10	twizt	haha
22:10	Duffer1	oh ya i agree then
22:10	twizt	id rather sell the sauce than shares ;x
22:11	mircea_popescu	so put a website together and sell the sauce.
22:11	Vexual	u got the sauce all bottled up?
22:11	twizt	i did 25 sample batch..
22:11	Vexual	thats $125 dollars right there
22:11	twizt	@ a co packer in NYC
22:11	nubbins`	what size bottle
22:11	nubbins`	cost, flavor, etc?
22:12	mircea_popescu	nubbins` elk's vomit. specially engineered for the canadian conoisseur.
22:12	Vexual	oooh have they been eating fairy mushrooms?
22:12	nubbins`	ah, yes. the first peoples call this majestic animal "wapiti"
22:12	twizt	nah its legit. you can whois my domain and get a lot of info about me
22:12	twizt	lol
22:12	nubbins`	never tried the vomit. have eaten the meat
22:12	mircea_popescu	twizt so you got a site, is it selling any ?
22:12	nubbins`	have also tried the mushrooms
22:13	twizt	mircea_popescu: only to friends and fam so far
22:13	nubbins`	fun until they're NO FUN
22:13	nubbins`	if you get what i mean
22:13	twizt	can't sell retail yet, not ready
22:13	Vexual	what do you need money for twista? a run of 1million?
22:13	dexX7	https://www.facebook.com/Newegg/posts/10152063129624168 + https://www.facebook.com/TigerDirect/posts/10151765930733639 wow
22:13	twizt	nah not even
22:13	nubbins`	twizt: you might have some success just hustling in the forums and on reddit
22:13	mircea_popescu	speaking of sriracha,
22:13	mircea_popescu	http://www.presstelegram.com/environment-and-nature/20131204/sriracha-operations-can-continue-if-it-doesnt-smell-irwindale-says
22:13	ozbot	Sriracha hot sauce operations can continue if it doesn’t smell, Irwindale says
22:13	twizt	yea it sucks trying to market a product no one has tried before
22:13	nubbins`	ah yeah! it was pretty touch-and-go for a while mp
22:14	mircea_popescu	twizt practically, search the forum for "mpoe-pr see here"
22:14	nubbins`	apparently that's the only factory that still uses fresh chilis
22:14	twizt	but people who tried it keep asking for more bottles and i dont have funds to go and make more ;\
22:14	twizt	like what would make u guys wanna pay for a hotsauce u never tried before lol
22:14	twizt	(market research mode)
22:14	Vexual	how old are ya twista?
22:15	twizt	26
22:15	Duffer1	oo what kind of sauce
22:15	thestringpuller	lol newegg got trolled
22:15	thestringpuller	that's awesome
22:15	nubbins`	honestly, the flavour and the packaging
22:15	thestringpuller	bitcoin bitcoin #bitcoin
22:15	Vexual	so i guess the bottles are $10 then?
22:15	nubbins`	are what would sway me
22:15	twizt	no hold on
22:16	nubbins`	twizt: you should get a hundred or so bottles made, and start giving them away to restaurants
22:16	Duffer1	twizt hotwings recipe would get me to try it
22:16	Vexual	yeah go bulk
22:16	nubbins`	huy fong was exclusively a restaurant sauce for years
22:16	twizt	i havits about $8 for 16oz jar
22:16	nubbins`	and now you see red bottles w/ green caps everywhere
22:17	twizt	Duffer1: what do you mean?
22:17	nubbins`	16oz, what's that in real units
22:17	nubbins`	ah, 473ml
22:17	Vexual	half a kilo
22:17	twizt	16oz mason jars
22:17	twizt	its organic ingredients so i get raped in that regard
22:17	twizt	if didnt use organic it would be down to about $5 per 16oz
22:17	nubbins`	even better, hustle it to vegan restaurants
22:18	Duffer1	twizt either part of the packaging or marketing, a good looking recipe would probably move me to buy
22:18	twizt	Duffer1: you mean on the sauce itself?
22:18	Vexual	i would have thouight inorganic capsicums would be more expensive
22:18	Duffer1	ya or website, but i don't even know what kind of sauce we're talking about here
22:18	Vexual	benzene aint cheap
22:19	twizt	im using vinegar and perservative
22:19	asciilifeform	wtf is inorganic capsaicin?
22:19	twizt	and shelf life isnt long
22:19	twizt	about 30 days
22:19	Vexual	semantics
22:19	asciilifeform	some equivalent for silicon-based alien life?
22:19	twizt	Duffer1: can I PM you and show you my website (i dont want to put it on blast here)
22:20	Duffer1	cool i'd like that
22:20	nubbins`	hm
22:20	nubbins`	if it's got a 30 day shelf life
22:20	nubbins`	you don't have NEARLY enough salt in there
22:20	nubbins`	hot sauce should be non-perishable
22:21	snackman	hey mircea_popescu
22:21	mircea_popescu	asciilifeform you know it's been synthetised for like a century.
22:21	snackman	why exactly is this necessary:
22:21	snackman	"Incoming Bitcoin that doesn't exactly match a quoted sum will be simply kept, reported as profits and distributed to MPEx shareholders."
22:21	snackman	found here: http://mpex.co/faq.html
22:21	asciilifeform	synthetic, but still organic
22:22	nubbins`	snackman: part of using a communal deposit address
22:22	twizt	nubbins`: its more like a hot sauce dip, its heady, not water like
22:22	nubbins`	ah
22:22	twizt	hardy*
22:22	asciilifeform	or was this about the other sense of 'organic'
22:22	snackman	nubbins`: but it's kind of dangerous, make a typo and loose a couple grand
22:22	mircea_popescu	asciilifeform a that's what you meant. well yeah
22:22	nubbins`	snackman: well, ya know.
22:22	Vexual	newver trust the chemist at the farmers market
22:22	nubbins`	best be careful :)
22:22	mircea_popescu	snackman if you're gonna make typos use a broker.
22:22	snackman	mircea_popescu: are there btc brokers?
22:22	asciilifeform	dry clean shop on my street has a sign, no joke: 'we use /only/ organic solvents!'
22:23	nubbins`	organic = made from organs
22:23	nubbins`	like haggis
22:23	mircea_popescu	yes.
22:23	Vexual	lol
22:23	Vexual	or acetone, im not sure what happened to your suit sir, its all organic
22:23	asciilifeform	i suppose if you want your shirts washed in molten sodium, you'll have to go elsewhere.
22:24	snackman	mircea_popescu: also, what's up with my 10btc?
22:24	mircea_popescu	lol molten sodium. that'll definitely cost more than the suit.
22:24	Vexual	premium unleaded + heat = clean
22:25	nubbins`	nothing cleans like VOCs and flame!
22:26	KRS|gotyawallet	Ah, Japan.. http://i.imgur.com/K74v1U4.jpg
22:26	snackman	mircea_popescu: ?
22:26	twizt	you guys mentioned getting a buzz on reddit, how does one do that without looking like a complete jackass?
22:26	nubbins`	pretty hit and miss
22:26	Vexual	thats what fucked up graets flow, a trip to japan
22:26	nubbins`	it's luck of the draw, really
22:27	nubbins`	twizt: you should probably start local
22:27	snackman	mircea_popescu: i see somebody got scared of the psychoanalysis ;)
22:27	nubbins`	give samples to restaurants, especially hippie ones, and give samples to local food critics too
22:27	nubbins`	don't push it on em like a mope, just say hey, i've got this great organic sauce, try it out and let me know what you think
22:27	Vexual	catch the indian and thai and fusion cheps about quarter to 5
22:28	twizt	lol
22:28	nubbins`	^ this too
22:28	mircea_popescu	dude those legs
22:28	nubbins`	no joke
22:28	Vexual	u been mp?
22:28	mircea_popescu	to japan ? nah.
22:29	snackman	mircea_popescu: what's up with those legs?
22:29	Vexual	you know they have portable computers now right?
22:29	nubbins`	they look like kim kardashian's
22:29	nubbins`	i visited japan once, very costly
22:29	mircea_popescu	i don't care for their crampy lifestyle.
22:29	mircea_popescu	i like roofs over 2.5meters.
22:30	Vexual	my old master did it on the cheap in 62, sleeping bag on the railway platform
22:30	Vexual	searching for jujo dojos
22:31	Vexual	you get adopted
22:31	snackman	mircea_popescu: serious and unrealted q, mircea_popescu, what's up with the legs?
22:31	twizt	whats mpoe-pr mircea_popescu ?
22:32	nubbins`	ask krs, he posted the link
22:32	mircea_popescu	well exactly what it says on the tin, the pr for mpoe.
22:32	Vexual	japan has no answer
22:33	nubbins`	koreans HATE the japanese
22:33	nubbins`	full-on hate
22:33	mircea_popescu	the women too, or just the men ?
22:33	nubbins`	all of them
22:34	nubbins`	korean women especially hate japanese
22:35	mircea_popescu	http://www.thesmokinggun.com/documents/broken-drug-pipe-in-vagina-576432
22:35	ozbot	Hidden Glass Meth Pipe Causes A Bloody Mess | The Smoking Gun
22:35	snackman	twizt: mpoe-pr is fucking hot
22:35	twizt	i dont even kno what that is, unfortunately
22:36	mircea_popescu	twizt listen, bitcoin doesn't work in the way you intend to use it, "i have an idea"
22:36	mircea_popescu	nobody cares about your idea, nor does it at all matter.
22:36	mircea_popescu	sink the time to learn about bitcoin, which means like a year.
22:36	mircea_popescu	then maybe you may have an idea.
22:36	snackman	twizt: i would bang the blockchain out of that satochick, if you know what i mean
22:37	nubbins`	satochick
22:37	nubbins`	groan
22:37	snackman	nubbins`: ?
22:37	snackman	mircea_popescu: i've been trying to find pictures of mpoe-pr, but failed. could you help a brotha out?
22:37	Vexual	got coin?
22:37	nubbins`	who needs pictures when you have those fiery words?
22:38	nubbins`	i bet she fights when she's drunk
22:38	mircea_popescu	hawt sauce.
22:38	Vexual	i doubt she dets drunk
22:39	Vexual	the faireer sex has a different venacular when delicacies are involved
22:39	nubbins`	mircea_popescu: what's a good drunk set you back in romania?
22:39	twizt	well its more like a product im trying to market that no one has tried, than an idea. lol
22:39	assbot	[MPEX] [S.MPOE] 13138 @ 0.00080663 = 10.5975 BTC [-] {2}
22:39	nubbins`	dollar-wise
22:39	snackman	Vexual: ?
22:39	snackman	EWWWW
22:39	snackman	is that her?
22:39	snackman	http://i33.tinypic.com/5zicgj.jpg
22:39	snackman	how the FFF
22:39	mircea_popescu	nubbins` i just bought a gallon of tzuika, it's ~110 proof, pure plum juice.
22:39	snackman	i DO NOT want to have sexual relationships with that woman
22:39	mircea_popescu	it cost me a grand total of,
22:39	mircea_popescu	wait for it,
22:39	nubbins`	ah, plum booze, +1
22:39	mircea_popescu	3 bitcents
22:40	nubbins`	ah, not bad
22:40	nubbins`	so essentially you can kill yourself for $10
22:40	Vexual	no homo
22:40	mircea_popescu	nah, this shit doesn't kill you.
22:40	mircea_popescu	but you could get plastered for that, sure.
22:41	nubbins`	i dunno, if i drank 500ml of pure ethanol i'd be in sad shape
22:41	nubbins`	either way, that's pretty cheap
22:41	mircea_popescu	(i did once drink a liter of the stuff in one sitting. walked out)
		↖
22:41	nubbins`	there's minimum-price legislation here for booze
22:41	mircea_popescu	this is quite illegal, bought it from the guy that made it.
22:41	mircea_popescu	im sure he didn't pay the excise.
22:41	nubbins`	ah, yes indeed
22:41	nubbins`	apples are more common for that type of thing here
22:42	mircea_popescu	apple stuff is about half price
22:42	mircea_popescu	and for good reason
22:42	Vexual	can you get good tobacco there?
22:42	nubbins`	tastes like boiled down candy
22:42	nubbins`	fucks you up
22:42	nubbins`	i enjoy drinking large amounts of liquid, so i stick to beer
22:43	mircea_popescu	twizt that's fine and all, but you gotta understand, fmcg is a business, the distribution and marketing part is what counts.
22:43	mircea_popescu	it never comes down to "who can make the better sauce". it's a business.
22:43	nubbins`	nod
22:43	nubbins`	i'll likely never taste my favourite sauce
22:43	nubbins`	nor hear my favourite band
22:44	nubbins`	but im sure they both existed at some point
22:44	Vexual	u just got a b.marketing twista
22:44	nubbins`	liquors of the world
22:44	nubbins`	i had some homemade lemon gin a couple weeks ago
22:45	twizt	yea thats my problem.. gotta give away a few grand of merch to get a following
22:45	nubbins`	twizt: what size town/city do you live in?
22:45	twizt	lol my marketing plan in a nutshell
22:45	twizt	nubbins`: about 130k
22:46	assbot	[HAVELOCK] [CBTC] 2409 @ 0.00011971 = 0.2884 BTC [-] {3}
22:46	nubbins`	honestly, it depends on how many years of your life you plan on spending at this
22:47	twizt	nubbins`: my plan is to make another large batch (unemployed atm) and go after grocery store chains
22:47	snackman	mircea_popescu:
22:47	snackman	this chick should do PR for you
22:47	snackman	http://www.erinpavlina.com/
22:47	ozbot	Erin Pavlina
22:47	Vexual	http://fc03.deviantart.net/fs38/f/2008/343/5/3/Vampirella_of_Draculon_by_JoeJusko.jpg
22:47	nubbins`	suppose a grocery wants 1000 units a month, can you do that?
22:47	mircea_popescu	twizt chains will definitely not shelf you. go after restaurants as someone suggested.
22:48	mircea_popescu	preferably immigrant run small affairs.
22:48	nubbins`	well, grocery chains here often have a small local section
22:48	twizt	nah they will, i just need to work with a food scientist for shelf life expansion
22:48	nubbins`	granted, never very large
22:48	snackman	https://bitcointalk.org/index.php?topic=129544.msg1459524#msg1459524
22:48	snackman	no, mp is totall not a scammer
22:48	snackman	nu-uh
22:48	snackman	not at all
22:48	twizt	and they want the organic cert (farm to table crap)
22:48	mircea_popescu	so they will except they won't. listen, you gotta be "in" to get there.
22:49	mircea_popescu	they don't take walkins
22:49	nubbins`	read "EskimoBob", stopped reading
22:49	nubbins`	srsly
22:49	snackman	LOOOOL https://bitcointalk.org/index.php?topic=129544.msg1480792#msg1480792
		↖
22:49	snackman	mircea_popescu:
22:49	snackman	you lost in court?
22:49	twizt	mircea_popescu: actually ez to get into stores, if you have right packaging, etc.
22:49	Vexual	chefs hand at the back door at the start of the night
22:49	snackman	i'm soooo sueing your arse!
22:49	snackman	BAHAHAHA
22:49	twizt	and i havent even invested in packaging
22:49	snackman	thanks for the fresh impulse
22:49	dexX7	speaking of that
22:49	dexX7	i'd love to see ROTA 2
22:49	nubbins`	snackman: you forgot your article
22:49	Vexual	chefs do they buying
22:50	mircea_popescu	dexX7 me too.
22:50	snackman	nubbins`: why?
22:50	snackman	nubbins`: i didn't sue him *YET*
22:50	snackman	him/her/it
22:50	nubbins`	snackman: no, before "court"
22:50	snackman	apparently mircea_popescu likes the trans*gender crowd
22:50	snackman	nubbins`: ?
22:51	nubbins`	snackman: you forgot your article before "court"
22:51	Vexual	fail claims
22:51	mircea_popescu	;;bc,diff
22:51	gribble	Error: "bc,diff" is not a valid command.
22:52	mircea_popescu	;;bc,stats
22:52	snackman	nubbins`: what the actual fuck are you blabbering
22:52	gribble	Current Blocks: 273131 | Current Difficulty: 7.074082830514966E8 | Next Difficulty At Block: 274175 | Next Difficulty In: 1044 blocks | Next Difficulty In About: 6 days, 4 hours, 15 minutes, and 37 seconds | Next Difficulty Estimate: 872815197.383 | Estimated Percent Change: 23.3821
22:53	nubbins`	snackman: you didn't use an article before the noun
22:53	snackman	nubbins`: https://www.google.com/search?q=sue+in+court do you see any article in front of court?
22:54	nubbins`	well, no, in that case, the definite article is implied
22:54	snackman	pathetic gypsy scum tryina correct my ingrish wtf?
22:54	snackman	nubbins`: DUDE are you serious?
22:54	nubbins`	leel
22:54	snackman	nubbins`: http://christianity.about.com/b/2012/06/01/should-christians-sue-in-court.htm
22:54	nubbins`	the link you posted says he lost in *a* court
22:54	snackman	nubbins`: where are you from?
22:54	snackman	nubbins`: because this is seriously basic english
22:54	nubbins`	the internet!!
22:55	ThickAsThieves	hot sauce that expires?!
22:55	assbot	[MPEX] [S.MPOE] 20100 @ 0.00080516 = 16.1837 BTC [-] {2}
22:55	mircea_popescu	ThickAsThieves you know even habaneros mold.
22:55	ThickAsThieves	not in vinegar
22:55	ThickAsThieves	does it contain bacteria from volcanoes for flavor?
22:55	nubbins`	heh, ground pumice
22:56	Vexual	ive got some in the boat in a vegemite jar i made, 10 years old, lid hasnt poped yet
22:56	nubbins`	that'd provide some heat
22:56	mike_c	nubbins speaks canadien
22:57	Vexual	wouldnt eat it unless scurvy tho
22:57	nubbins`	quite well
22:57	nubbins`	although i do drop the occasional 'u'
22:57	mircea_popescu	actually... obsydian jars...
23:00	ThickAsThieves	;;nethash
23:00	gribble	6400549.04237
23:00	ThickAsThieves	hasnt changed in two days
23:02	Vexual	science probability model is broken, everyone knows that
23:02	mircea_popescu	it's not going to change as long as the diff isn't changing
23:03	Vexual	want an android app to wake you up TAT?
23:03	ThickAsThieves	for?
23:03	ThickAsThieves	i dont use alarms
23:03	Vexual	im teasing
23:04	ThickAsThieves	what a horrible way to start your day
23:04	Vexual	you lose, you lose
23:04	unbalanced	Is the last commentor at http://bitbet.us/bet/598/1-btc-will-surpass-price-of-1-troy/ right? I know it didn't make it back on the 1st but it looks like they did cross a couple of hours ago.
23:05	unbalanced	Time zones and really really bad Kitco charts make it a little hard to tell
23:05	Vexual	im close to the dateline, so im not allowed to bet
23:05	unbalanced	A moment in history, bitfolk.
23:05	mircea_popescu	unbalanced quite possiblty it did cross
23:06	unbalanced	snackman there might still be time you should totally go for it
23:06	mircea_popescu	prolly have a result tomorrow.
23:06	snackman	unbalanced: dudeee i'm so getting in
23:07	unbalanced	I believe you
23:07	snackman	unbalanced: ok i'm gonna bet no here because the gold value is resistance
23:07	snackman	i'm into technical analysis now
23:07	Vexual	want me to put it on? i can do it yesterday
23:07	unbalanced	Picking up pennies in front of a steamroller
23:08	Vexual	but it will take me about 3 weeks to get to fiji, you'll have to pay expoenses
23:08	ThickAsThieves	it looks like it did cross
23:09	unbalanced	snackman, just in case you're not joking, I was: It. Already. Happened.
23:09	snackman	WTF
23:09	snackman	HOW
23:09	snackman	NOOOOO
23:09	Vexual	http://www.youtube.com/watch?v=rPRzrjwetX0 we gon smoke an ounce to this
23:09	ozbot	Snoop Doggy Dogg - Gin & Juice. With Lyrics - YouTube
23:09	snackman	GUYS
23:10	snackman	THE DATE IS CLEARLY NOVEMBER 2014 AND NOW 2013
23:10	ThickAsThieves	The Chronic by Dr. Dre is seriously overrated. There, I said it.
23:11	assbot	[HAVELOCK] [AM1] 1 @ 0.34001001 BTC [-]
23:12	assbot	[HAVELOCK] [KCIM] 1 @ 0.12500001 BTC [-]
23:13	nubbins`	http://bitbet.us/bet/355/us-federal-minimum-wage-will-be-raised-above/
23:13	ozbot	BitBet - US Federal Minimum Wage will be raised above $7.25 by the end of 2013
23:14	nubbins`	ah, what's the us federal minimum wage right now?
23:14	snackman	HAHAHAHA MIRCEA HAS NO SECONDARY EDUCATION?
23:14	snackman	WTF ARE YOU GUYS DOING :D
23:14	snackman	this is getting more and more hilarious by the second
23:14	ThickAsThieves	I have no secondary education, well, none that I paid for.
23:14	nubbins`	lel
23:14	assbot	[HAVELOCK] [AM100] 63 @ 0.00320045 = 0.2016 BTC [-] {4}
23:14	nubbins`	don't confuse education with intelligence
23:15	Vexual	theyre almost inversly proportional by accepted definitions
23:15	unbalanced	nubbins: http://www.theguardian.com/world/2013/dec/04/obama-minimum-wage-increase-protests
23:15	assbot	[HAVELOCK] [HMF] 5 @ 0.02232 = 0.1116 BTC [-]
23:16	ThickAsThieves	I bet against that one too
23:16	ThickAsThieves	http://bitbet.us/bet/355/us-federal-minimum-wage-will-be-raised-above/
23:16	ozbot	BitBet - US Federal Minimum Wage will be raised above $7.25 by the end of 2013
23:16	assbot	[HAVELOCK] [NEOBEE] 64 @ 0.0030165 = 0.1931 BTC [+]
23:17	Vexual	aka meth futures
23:17	unbalanced	I don't see it happening before New Year's Eve (min wage)
23:17	nubbins`	a rise in min wage is annoying for big companies, dangerous for small companies
23:17	mircea_popescu	sooo... -18 F for denver tonight
23:18	Vexual	fuck
23:18	nubbins`	imagine if your biggest expense went up by 39%!
23:18	nubbins`	oh wow, that's cold
23:18	ThickAsThieves	thats the only thing shitty about Colorado, the weather can kill you in so many ways
23:18	Vexual	i havent seen <+18c for a year
23:18	mircea_popescu	nubbins` people who predominantly pay minimum wage mostly use undocumented illegals anyway
23:19	snackman	http://about.me/sam.weinrott please like my profile
23:19	Vexual	so if you fall asleep coming home fromt the pub u die?
23:19	ThickAsThieves	and small businesses that only pay minimum wage go out of business eventually anywya
23:19	unbalanced	Raising the min wage hurts the least skilled workers... fewer opportunities to work if employers are banned from paying what they're worth.
23:19	mircea_popescu	kakobrekla http://bitcoin-otc.com/viewratingdetail.php?nick=mircea_popescu&sign=ANY&type=RECV take that!
23:19	nubbins`	well, i mean, it's 7.25 now, suppose you're paying everyone 9.25
23:19	Vexual	show us something trustless bitcoiner
23:20	nubbins`	and the min wage goes up to 10.10
23:20	nubbins`	so you either give them a raise to min wage and be an asshole, or raise them to, say, 12.10
23:21	ThickAsThieves	so "fair" is the problem?
23:21	nubbins`	oh, no
23:21	Vexual	id be getting a license and pumping the photo active radiation if i was in america
23:21	mircea_popescu	nubbins` you're closing shop anyway, becauyse you can't afford obamacare.
23:21	unbalanced	If washing the floors say isn't worth paying someone $10/hr to do, then people won't get hired to do that. (Or far fewer people will as the floors will get washed less often.)
23:21	nubbins`	just making the point that a raise in minimum wage generally means a raise in non-minimum wage
23:21	unbalanced	agreed
23:21	nubbins`	so even if you're not one of these soon-to-be-out-of-business places paying min wage
23:21	nubbins`	you're taking the same hit in the pocketbook
23:22	Vexual	i jest mp, in a world of masturbators, you innovated
23:22	ThickAsThieves	they arent forcing you to give everyone a raise
23:22	unbalanced	And it reduces the employement opportunities for the least-skilled workers, the ones it's supposed to help.
23:22	nubbins`	mircea_popescu: at 7.25/hr, i'm not sure how anybody's affording anything
23:22	mircea_popescu	unbalanced they got robots now.
23:22	ThickAsThieves	7.25 costs the US more than 10
23:22	nubbins`	nod
23:22	nubbins`	^^
23:22	nubbins`	can we underline that?
23:23	unbalanced	where "washing the floors" = "insert some min wage job here"
23:23	thestringpuller	lol
23:23	Vexual	so you can buy a house in detroit for about a months labour on minimum wage?
23:23	mircea_popescu	Vexual no, but you can buy it for about twenny bjs
23:24	Vexual	that place will quickly learn to innovate again
23:24	nubbins`	mad max style
23:24	Duffer1	hehe
23:24	Vexual	thats not a bad idea
23:24	unbalanced	nubbins should you save BTC for the 1B difficulty bet though?
23:24	nubbins`	well, i mean
23:24	Vexual	ratters outta detroit
23:24	nubbins`	they've got all the cars
23:24	ThickAsThieves	after every unpaid vendor to the city folds and gangs up with Mel Gibson
23:24	nubbins`	unbalanced: me personally, or me in general?
23:25	nubbins`	sorry, we don't have the words in english ;(
23:25	Vexual	http://www.youtube.com/watch?v=Y2DJwMcVj_w
23:25	ozbot	my model A roadster hot rod - YouTube
23:25	nubbins`	although you hear some people say "ye" for the plural of you
23:25	ThickAsThieves	youtube links are like the most unappealing links to me
23:25	Vexual	they just need someone who can read the design criteria and provide rice
23:25	unbalanced	I mean several bets end around the end ot the month
23:25	nubbins`	heh
23:26	unbalanced	The diff one pays better than the others
23:26	nubbins`	log.bitcoin-assets.com links for me
23:26	unbalanced	And ends sooner
23:26	mircea_popescu	so ? they're prepaid
23:26	Vexual	sorry TAT, i have to authenticate myself somehow
23:26	ThickAsThieves	heh
23:26	unbalanced	If you're looking at where to put new bets
23:26	nubbins`	i'm not ;/
23:27	ThickAsThieves	keep betting on Yes so I can take your money
23:27	Vexual	get a case of whisky and relex for a few weeks
23:27	mircea_popescu	if the diff ends up 9999999666 or some shit,
23:27	Vexual	buy some records and a sweet bag of hooter
23:28	unbalanced	ThickAsThieves, quoting pancakke's smug Costanza avatar: Do you even mine?
23:29	unbalanced	These nailbiters are exciting to watch.
23:29	mircea_popescu	he doesn;'t, which is why he's on no. the miners are on yes.
23:29	unbalanced	I know, I just wanted to quote that quote, I laugh every time I see it.
23:30	Vexual	i think graet and yuko are hocked to the nines, thats why diff stay same
23:30	unbalanced	It was a stretch here, sure.
23:30	mircea_popescu	anyway, that's all for me. take it ezzy all.
23:30	unbalanced	g'night
23:30	ThickAsThieves	can anyone answer this,
23:30	ThickAsThieves	has cex.io ever proven it hashes?
23:30	Vexual	no
23:31	Vexual	i was on the same thought track
23:31	ThickAsThieves	so no one has ever even asked ghash.io or bitfury if they are connected?
23:31	ThickAsThieves	is this not obvious?
23:32	assbot	[HAVELOCK] [HMF] 25 @ 0.02498792 = 0.6247 BTC [+] {3}
23:32	Vexual	pattern learning
23:32	Duffer1	i was under the impression they were some kind of private pool. labcoin used them
23:32	dexX7	https://bitcointalk.org/index.php?topic=318010.0 "CEX.IO works with a private mining pool GHash.IO. It supplies the commodity exchange with GHS from authorised partners, who secure a constant maintenance of GHS. GHash.IO uses the PPLNS payout system, where rewards are distributed among shares in a window, starting with the last share submitted and going backwards up to some number N of shares."
23:32	ozbot	***CEX.IO Cloud mining official page***
23:32	Vexual	its more likely that they are real hashes
23:33	Vexual	but the separation...
23:33	ThickAsThieves	dexx7 wtf does that even say
23:33	Vexual	even the price is outrageous
23:33	dexX7	i read it as "we at cex.io sell the hashrate from ghash.io"
23:34	ThickAsThieves	yeah i still dont see proof
23:34	Vexual	well u cant read
23:34	dexX7	:D
23:34	ThickAsThieves	ghash.io is run by bitfury, yes?
23:35	Vexual	i forget, but i think the guy isnt right in there
23:35	Vexual	if its real its a cool sysytem, but you're right, its far from proven
23:36	dexX7	cex and ghash share the same logins
23:37	Vexual	he can make the market in any case
23:37	Vexual	real or no
23:37	ThickAsThieves	http://www.ip-adress.com/whois/ghash.io
23:37	ThickAsThieves	they are indeed connected
23:37	ThickAsThieves	so do we know any reputable people that use ghash?
23:38	assbot	[HAVELOCK] [CBTC] 10800 @ 0.00010007 = 1.0808 BTC [-] {3}
23:38	ThickAsThieves	do they sign blocks
23:38	dexX7	afaik no
23:38	ThickAsThieves	lol
23:38	ThickAsThieves	srsly?
23:38	snackman	i mine with ghash
23:38	snackman	why?
23:38	ThickAsThieves	shut up
23:39	assbot	[HAVELOCK] [AM1] 1 @ 0.34001 BTC [-]
23:39	snackman	i'm dead serious
23:39	snackman	i just got a jupiter monday
23:39	ThickAsThieves	;;ud repurable
23:39	snackman	what do you want as proof?
23:39	gribble	Google found nothing.
23:39	ThickAsThieves	;;ud reputable
23:39	gribble	http://www.urbandictionary.com/define.php?term=reputable | ... reputable; Reputant · reputate · reputation · Reputation Architect · Reputation Armor · Reputation arsonist · reputation dysmorphia · Reputation Management ...
23:39	ozbot	Urban Dictionary: reputable
23:39	snackman	;;ud gypsy
23:39	gribble	http://www.urbandictionary.com/define.php?term=gypsy | Fucking scum of the earth (not the traditional gypsies, but the cunts found all over the United Kingdom.) I used to lodge in a cottage in a small v...
23:39	ozbot	Urban Dictionary: gypsy
23:39	dexX7	https://blockchain.info/blocks/GHash.IO
23:39	ozbot	Blocks mined on
23:40	Vexual	so they took friedcats catchcry of deployment vectors, and did it better
23:40	nubbins`	;;ud article
23:40	gribble	http://www.urbandictionary.com/define.php?term=article | Articles AR-tuh-kleez n. The Greek god who protects all paper and printed documents stored within the Clouds around Mt. Olympus.
23:40	ozbot	Urban Dictionary: article
23:40	ThickAsThieves	ok so it's for real then
23:40	nubbins`	hm
23:40	ThickAsThieves	case closed
23:40	dexX7	https://blockchain.info/address/1CjPR7Z5ZSyWk6WtXvSFgkptmpoi4UM9BC < this is the incoming address for ghash
23:40	ozbot	Bitcoin Address 1CjPR7Z5ZSyWk6WtXvSFgkptmpoi4UM9BC
23:40	dexX7	well
23:40	dexX7	it's tagged as ghash
23:40	dexX7	that's all
23:41	snackman	wow, 90mill €
23:41	ThickAsThieves	so what angle makes it possibly not legit?
23:41	dexX7	but they are responsible for about 25 % of mined blocks
23:41	assbot	[HAVELOCK] [CBTC] 10900 @ 0.00009255 = 1.0088 BTC [-] {9}
23:41	Vexual	market making TAT
23:41	Vexual	they can provide the hashes but they neednt
23:41	ThickAsThieves	hmm
23:41	dexX7	i see no flaw. why are you asking in the first place?
23:42	ThickAsThieves	cuz i dont follow bitfury, and thus assumed cex.io was a scam when first released
23:42	ThickAsThieves	and the topic has come up a few time slately
23:42	ThickAsThieves	so i wanted to know for sure
23:42	dexX7	ah okayx
23:42	Vexual	they keep it on the dlo for sure
23:43	Vexual	but fuck if they not smahing blocks
23:43	ThickAsThieves	indeed
23:44	Vexual	people talk about intel and whatnot getting into minging
23:44	snackman	ThickAsThieves: you guys need to stop projecting
23:44	snackman	just because you are scammers, doesn't mean everybody else is trying to scam as well
23:44	Vexual	i don't see it happening
23:44	assbot	[HAVELOCK] [CBTC] 4000 @ 0.00008155 = 0.3262 BTC [-] {15}
23:44	ThickAsThieves	i could see a fringe tech co doing it
23:44	ThickAsThieves	like ASUS
23:44	Vexual	coint has the skills
23:45	Vexual	but im thinking friedcats feb chips might just own shit
23:45	Vexual	that cat got a taste of the top
23:46	nubbins`	ah, i dunno
23:46	Vexual	if theyre amd good, everyone willl buy them
23:47	ThickAsThieves	i think mining going more private and centralized will already be happening by then
23:47	Vexual	u mean pools owning?
23:47	ThickAsThieves	this selling of cubes to Joe SixSatoshi cant last
23:48	Vexual	no, cat will have to come with real prices
23:48	assbot	[HAVELOCK] [AM100] 32 @ 0.00320001 = 0.1024 BTC [-]
23:48	Vexual	i think he knows that
23:48	ThickAsThieves	i mean where the nethash will start violently increasing and we wont even have a clue who it is
23:49	Vexual	yeah, i could have a custom chip ouit and you wouldnt know
23:49	Vexual	but wouldnt i be seeling them for more than they can ever possibly make?
23:50	ThickAsThieves	well you'd be selling chips, yeah
23:50	ThickAsThieves	its the next stage
23:50	assbot	[HAVELOCK] [CBTC] 1890 @ 0.00007407 = 0.14 BTC [-] {7}
23:50	ThickAsThieves	first scalp the small guys
23:50	Vexual	you affiliated with nay particular pool tat?
23:50	ThickAsThieves	nope
23:50	Vexual	u thinkl tthat will be a thing?
23:50	ThickAsThieves	i just info-mine to make trades
23:51	Vexual	yah
23:51	Vexual	me too, smaller scale
23:51	Vexual	minings always gonna be a thing, even when people forget about the exchange arte
23:52	dexX7	forget about the exchange rate?
23:52	bloctoc	;;seen mircea_popescu
23:52	gribble	mircea_popescu was last seen in #bitcoin-assets 22 minutes and 23 seconds ago: <mircea_popescu> anyway, that's all for me. take it ezzy all.
23:52	ThickAsThieves	when its not volatile anymore
23:53	ThickAsThieves	or much less so
23:53	ThickAsThieves	btc kissing gold again
23:53	ThickAsThieves	;;ticker
23:53	gribble	MtGox BTCUSD ticker | Best bid: 1228.5, Best ask: 1237.985, Bid-ask spread: 9.48500, Last trade: 1228.01001, 24 hour volume: 17879.86454160, 24 hour low: 1131.72718, 24 hour high: 1240.0, 24 hour vwap: 1206.44566
23:53	nubbins`	;;bc,xau
23:53	gribble	1 XAU = 1240.700000000000 USD = 1.002180937 BTC
23:54	nubbins`	:o
23:54	dexX7	ah. :D
23:54	bloctoc	are there any places to buy options besides mpex? mpex looks empty today
23:54	assbot	[HAVELOCK] [AM100] 34 @ 0.0032 = 0.1088 BTC [-] {4}
23:54	ThickAsThieves	none that i'd refer you to
23:55	bloctoc	would you refer anyone to mpex?
23:55	ThickAsThieves	yes, with a disclaimer about the premium costs
23:55	ThickAsThieves	and a disclaimer about MP being no joke when it comes to rules
23:56	Vexual	i hate it when busniess men stick to the contract
23:56	ThickAsThieves	hehe
23:56	bloctoc	do you happen to know where the offers went today? I was trying to get some prices together for a model, and everything's alls gone
23:56	ThickAsThieves	the data source for spot price is down
23:57	unbalanced	When bitcoincharts goes down the quotes can't be calculated.
23:57	Vexual	its an iq test
23:57	unbalanced	(Is that the source still or am I out of date?)
23:57	ThickAsThieves	i think it is
23:57	ThickAsThieves	cuz they said they upgraded
23:57	bloctoc	ahhh, thanks.
23:57	ThickAsThieves	lotta good it did
23:58	unbalanced	bloctoc: The 24hr USD VWAP (Volume Weighted Average Price) on http://bitcoincharts.com/markets/currencies/ is part of the option valuation math.
23:59	bloctoc	cool, I'll go grab a calculator.
23:59	ThickAsThieves	well you are missing the bot algo
23:59	ThickAsThieves	so good luck
23:59	bloctoc	BLACK SCHOLES BABY!!!!

---