Show Idle (>14 d.) Chans
← 2013-12-13 | 2013-12-15 → ↓
00:05 assbot [MPEX] [S.MPOE] 56300 @ 0.00090292 = 50.8344 BTC [+] {2}
00:10 mircea_popescu Apocalyptic one bitcoin buys me at least 100 clueless noobs who have it all figured out.
00:11 Apocalyptic I just don't understand where that arrogance come from given they're utterly clueless
00:11 mircea_popescu the other way however... not so much. clueless noobs with delusions of self importance are pretty much a buyer's market.
00:11 Apocalyptic and they don't even realize it
00:11 mircea_popescu that's where.
00:11 mircea_popescu there's two types of arrogant people in the world, those who know they're much better than you and those that don't know you're any better than them.
00:12 mircea_popescu the latter are the very vast majority.
00:13 mircea_popescu anyway, if you're bored you can send them to http://trilema.com/2013/stage-n-bitcoin-exists/
00:13 mircea_popescu not like it's a new argument or anything.
00:14 Apocalyptic meh, they don't deserve that priv reading trilema is
00:17 assbot [HAVELOCK] [HMF] 7 @ 0.024 = 0.168 BTC [-]
00:17 mircea_popescu Oct 28 17:17:15 <thestrin1puller>but in all srsness i think i may fork over money for an mpex account
00:17 mircea_popescu this, of course, was oct 28 2012 :D
00:18 assbot [HAVELOCK] [HIF] 1499 @ 0.000519 = 0.778 BTC [-]
00:22 Namworld I don't use my MPEx account much, if at all, recently. No options at a premium I like.
00:24 Apocalyptic Namworld, you're still running btc-bond right ?
00:24 assbot [MPEX] [S.MPOE] 42790 @ 0.00089936 = 38.4836 BTC [-] {2}
00:26 assbot [HAVELOCK] [KCIM] 49 @ 0.00275 = 0.1348 BTC [-]
00:31 Namworld Yes
00:33 mircea_popescu Namworld you could write your own and list them of course
00:34 mircea_popescu (ironically, people paying for options last month made ~3k btc in aggregate)
00:36 mike_c late night thought: the market maker writes almost all the options. it would be good for mpex if more people wrote options. so, the fee (not collateral) for writing options should be low low low (maybe even free??)
00:37 Namworld I suppose I could eventually.
00:41 mircea_popescu mike_c what fee is that ?
00:42 mike_c All MKOPT and MKFUT orders are assesed a 2% fee (SPLIT orders are free).
~ 17 minutes ~
00:59 mircea_popescu mike_c you can make split for free.
01:00 mike_c yeah, for double the collateral. idk.. probably a dumb late night thought. ignore me.
01:09 mircea_popescu well the idea is that if you're marketmaking then you're marketmaking. selling puts and calls.
01:09 mircea_popescu if you are going directional then you are speculating not marketmaking.
01:10 mircea_popescu this obviously is a distinction btc people would gladly blur, but i think it'd be pretty dangerous/irresponsible to allow it just yet.
01:17 mike_c yeah, i agree that is the correct long-term thinking. which is the way you operate. I just wish for moar liquidity at times.
01:18 mircea_popescu there's a ton of liquidity, you kidding?
01:19 mircea_popescu i guess we all wish for more liquidity at better prices, but this is probably true universally.
01:19 mircea_popescu i wish there were more airplanes for 10k a pop on the market, for instance
01:19 assbot [HAVELOCK] [NEOBEE] 100 @ 0.00296938 = 0.2969 BTC [+] {4}
01:25 mike_c not universally. there are tight spreads on some things, like s.mpoe. tight spreads on options would require hedgin though
01:27 mircea_popescu you realise the notion of tight is relative.
01:27 mircea_popescu mpoe moves relatively very little, i was just looking through early feb/march logs and it was trading 65-70
01:27 mircea_popescu btc in march was also trading 6.5
01:29 assbot [MPEX] [S.MPOE] 15800 @ 0.00089753 = 14.181 BTC [-]
01:29 mike_c spread on mpoe is 0.00000036 right now. spread over last 30 days was 1000x that.
01:30 mike_c spread of the s.mpoe share price
01:30 mike_c that seems relatively bigger than the option spreads
01:30 mike_c er, smaller.
01:31 mike_c that is obviously for less volume, but you can still move a decent amount of mpoe shares for smaller price differences.
01:31 mircea_popescu but let alone spread girth for a moment and think in avg prices.
01:32 mike_c ok. you are saying mpoe spread over last 30 is 20% and btc is 50% (or more)
01:32 mircea_popescu s.mpoe moved 20%ish over 9 months. btc moved 10000% over the same interval.
01:32 mircea_popescu obviously the spot spreads on the first will be way narrower than even the spot spreads on the 2nd
01:33 mircea_popescu let alone the OPTION spreads on the 2nd, which by their nature have to be wider than spot
01:34 mike_c yes. and obviously the option spreads are not insane since the bot gets beat up sometimes.
01:34 mircea_popescu such as last month ;/
01:35 mircea_popescu on the other hand i can understand the disbelief, people with any experience looking at options are aghast to see mpex spreads.
01:35 mircea_popescu nevertheless, bitcoin is bitcoin. what can one do.
01:36 mike_c plus, everytime i undercut the bot's margin I get beat up :)
01:36 mircea_popescu lol
01:36 mircea_popescu i think you may be not the first to make that experience
01:37 mircea_popescu which is why there's not so much stuff in the midmarket, in spite of mpex being unbitcoinly friendlty to free entreprise.
01:37 kanzure so it turns out that the cryptocyprus neobee-dumper should be flipped around the other way
01:37 kanzure dump when he posts on bitcointalk, buy when he posts on reddit
01:38 mircea_popescu any good drama ?
01:39 kanzure just boring drama
01:39 kanzure not worth reporting
01:40 mircea_popescu aok
01:45 assbot [MPEX] [S.BBET] 1000 @ 0.0005555 = 0.5555 BTC [-]
01:48 assbot [MPEX] [S.MPOE] 7600 @ 0.0008971 = 6.818 BTC [-]
~ 18 minutes ~
02:06 assbot [MPEX] [S.MPOE] 28050 @ 0.00089583 = 25.128 BTC [-] {2}
~ 30 minutes ~
02:36 assbot [MPEX] [S.MPOE] 13450 @ 0.0008973 = 12.0687 BTC [+] {4}
02:36 assbot [HAVELOCK] [CFIG] 4 @ 0.1 = 0.4 BTC [+]
~ 21 minutes ~
02:58 assbot [HAVELOCK] [AM1] 1 @ 0.26667 BTC [-]
~ 17 minutes ~
03:15 assbot [MPEX] [S.MPOE] 17371 @ 0.00089902 = 15.6169 BTC [+] {2}
03:16 assbot [HAVELOCK] [PETA] 300 @ 0.05 = 15 BTC
03:25 assbot [HAVELOCK] [AM1] 1 @ 0.25900302 BTC [-]
03:26 assbot [HAVELOCK] [AM1] 1 @ 0.25900301 BTC [-]
03:28 KRS|Gotyawallet dat blockchain
03:29 KRS|Gotyawallet to handle the number of transactions that visa handles in 3 months the bitcoin system will require 14 Terabytes of storage space. That's 14 terabytes of hard drive space you would have to add every 85 days! https://en.bitcoin.it/wiki/Talk:Scalability#Disk_space
03:34 mircea_popescu notrly a new point by any means. that's why the more sensible people have been saying all along that bitcoin isn't nor does it aim to be a visa competitor.
03:47 assbot [HAVELOCK] [AM1] 1 @ 0.26667 BTC [+]
~ 29 minutes ~
04:16 Apocalyptic guys, does someone have a GPG contract template for a bond ?
~ 23 minutes ~
04:39 assbot [MPEX] [S.MPOE] 40050 @ 0.00090071 = 36.0734 BTC [+] {4}
~ 50 minutes ~
05:30 assbot [MPEX] [S.MPOE] 31885 @ 0.00089782 = 28.627 BTC [-]
05:42 assbot [HAVELOCK] [SFI] 280 @ 0.001 = 0.28 BTC
05:54 assbot [MPEX] [S.MPOE] 17200 @ 0.00089674 = 15.4239 BTC [-] {2}
05:56 assbot [HAVELOCK] [AM1] 1 @ 0.25900301 BTC [-]
06:02 assbot [HAVELOCK] [SFI] 1720 @ 0.001 = 1.72 BTC
06:08 assbot [MPEX] [S.MPOE] 29100 @ 0.00089582 = 26.0684 BTC [-] {2}
06:20 assbot [MPEX] [S.MPOE] 23684 @ 0.00090018 = 21.3199 BTC [+] {2}
06:21 assbot [MPEX] [S.MPOE] 17180 @ 0.00090284 = 15.5108 BTC [+]
06:27 assbot [HAVELOCK] [AM1] 5 @ 0.2590011 = 1.295 BTC [-]
06:36 assbot [HAVELOCK] [AM1] 5 @ 0.259 = 1.295 BTC [-]
06:49 assbot [HAVELOCK] [PETA] 6 @ 0.05 = 0.3 BTC
~ 37 minutes ~
07:26 assbot [HAVELOCK] [AM1] 40 @ 0.25900301 = 10.3601 BTC [+]
07:30 assbot [HAVELOCK] [NEOBEE] 62 @ 0.00289999 = 0.1798 BTC [+]
07:35 assbot [MPEX] [S.MPOE] 29900 @ 0.00090169 = 26.9605 BTC [-]
07:43 assbot [MPEX] [S.MPOE] 13746 @ 0.00090077 = 12.382 BTC [-]
07:54 KRS|Gotyawallet Of the most regal titles, is Mircea Popescu a Duke?
07:54 fiat500 baron comes to mind
07:56 assbot [HAVELOCK] [SFI] 288 @ 0.001 = 0.288 BTC
07:57 KRS|Gotyawallet yes, baron would suit him fine
07:57 KRS|Gotyawallet Bitcoin Baron
07:58 KRS|Gotyawallet but thats just a mininode where there reports of his manhood from wild soirees in Monaco?
08:00 assbot [HAVELOCK] [KCIM] [PAID] 7.70020900 BTC to 86`900 shares, 8861 satoshi per share
08:06 BingoBoingo Baron seems too low. In Bitcoin Baron may be the highest nobel title though because generally the title of a Baron is derived through accomplishment. Higher feudal titles though were generally derived by the whims of kings long dead.
08:07 BingoBoingo It may be that in Bitcoin no higher title than Baron is possible.
08:08 pankkake overlord
08:08 Apocalyptic <KRS|Gotyawallet> to handle the number of transactions that visa handles in 3 months the bitcoin system will require 14 Terabytes of storage space. That's 14 terabytes of hard drive space you would have to add every 85 days! https://en.bitcoin.it/wiki/Talk:Scalability#Disk_space // that couldn't even be possible
08:09 Apocalyptic and by design so, the blocksize is bounded, so the blockchain space increase is bounded too, and far from these figures
08:10 pankkake I'm sure it can be changed in the future, when it makes sense (i.e. much faster connections and cheaper storage)
08:10 pankkake but in any case, there is an use for an offchain payment service
08:10 pankkake small transactions, instant confirmations
08:10 Apocalyptic yeah definitely
08:11 Apocalyptic btw pankkake what's your opinion of reflets.info ?
08:12 pankkake the bitcoin article? it looks like it has spread amongst the French
08:12 Apocalyptic no, the guys behind it in general
08:12 pankkake I think I probably ignore anything starting by reflets.info, reading it now
08:12 pankkake oh :)
08:12 Apocalyptic bluetouff, kitetoa...
08:13 pankkake oh kitetoa is behind it? :o
08:13 Apocalyptic he wrote that shitty article !
08:13 pankkake :(
08:13 Apocalyptic i wouldn't mention a random negative btc article here
08:13 KRS|Gotyawallet in at $880
08:14 Apocalyptic i did because i thought these guys were sensible to start with
08:14 pankkake I was a big fan of kitetoa.com when I was young
08:14 Apocalyptic yeah guy seems ok
08:14 pankkake but it's not really negative. the point is that it will be made illegal one day
08:14 kakobrekla ;;later tell mircea_popescu done
08:14 gribble The operation succeeded.
08:14 Apocalyptic fair
08:14 pankkake and I believe it will
08:14 Apocalyptic however he doesn't say that
08:14 pankkake the thing is, will it matter?
08:14 Apocalyptic he implies that when it will be made illegal, it will die
08:14 Apocalyptic and that's the issue
08:15 pankkake yeah, I think - with a bit of hope - that when it happens it won't matter
08:15 Apocalyptic (c'est comme ça que j'interprète son "va disparaître")
08:17 pankkake OTC trading certainly won't die, though it's impractical
08:28 assbot [MPEX] [S.MPOE] 14128 @ 0.00090292 = 12.7565 BTC [+] {2}
08:29 assbot [MPEX] [S.MPOE] 4700 @ 0.00090319 = 4.245 BTC [+]
08:36 KRS|Gotyawallet Apocalyptic: so the blockchain isnt going to be an issue in the future like that article said? I dont know a lot about it but I'm interested in it and wondered about future growth.
08:38 Apocalyptic it won't, blockchain storage requirement will increase linearly, and less so than common storage space
08:41 KRS|Gotyawallet they estimated TB levels
08:42 KRS|Gotyawallet as long as its not an issue np
08:42 KRS|Gotyawallet i was just curious..and how exactly did the French decide the death of bitcoin?
08:44 BingoBoingo I hope I did well asciilifeform et al: http://www.thedrinkingrecord.com/2013/12/14/the-failure-of-urbit-and-the-bitcoins-future-of-computing/
08:45 Apocalyptic eventually yeah KRS
08:45 Apocalyptic they predict about 15-20 GBytes/year of increase
08:45 KRS|Gotyawallet not sure how thats going to be practical
08:45 Apocalyptic it's manageable given the current harddrives and the projected ones
08:46 KRS|Gotyawallet harddrives arent exactly portable
08:46 Apocalyptic well
08:46 KRS|Gotyawallet portable like thumbdrive etc
08:46 Apocalyptic it's clear smartphones/any portable device won't be able to hold a full node
08:50 Duffer1 checkpointing is an option i've heard talked about
08:50 Duffer1 that could potentially solve the blockchain bloat
08:51 pankkake I don't think any smartphone application is a full node already?
08:52 BingoBoingo Well, all is manageable if people stop thinking of BTC as a consumer Point of Sale solution...
08:53 Apocalyptic ^^
08:53 Apocalyptic well said BingoBoingo
08:53 BingoBoingo Thank you Apocalyptic, but I wasn't the first to say that.
08:54 pankkake thankfully tradefortress solved the issue for us already! oh wait
08:57 b0n1 hey there! is there a good source for historical data of the bitcoin exchanges like gox stamp and btcchina? By good source I mean relatively dense data with small time intervals. On bitcoincharts for example I can only find historical data with time intervals that are bigger than a day for example
09:00 kakobrekla use sierra chart api
09:01 assbot [MPEX] [S.MPOE] 30450 @ 0.00090355 = 27.5131 BTC [+]
09:01 kakobrekla Duffer1 checkpointing is already implemented, you still need all historic data
09:01 kakobrekla how else would you know whats behind certain priv key
09:03 Duffer1 ah i see
09:04 b0n1 humm does that run smooth with wine kakobrekla ?
09:04 b0n1 or do i really have to switch to windows
09:05 BingoBoingo b0n1: It's an API so regardless of OS a solution probably exists already in Python
09:11 b0n1 BingoBoingo, do you eventually have a source to that?
09:11 b0n1 also i couldnt get informations about a sierrachart api on their homepage
09:11 b0n1 http://www.sierrachart.com/index.php?l=doc/Bitcoin.php thats the only thing i found
09:16 assbot [HAVELOCK] [KCIM] 45 @ 0.0027 = 0.1215 BTC [-]
09:20 assbot [HAVELOCK] [NEOBEE] 50 @ 0.0029 = 0.145 BTC [+]
09:21 BingoBoingo b0n1: If I have one, which I am hesistant to say whether I myself do or not it isn't for sale or open source. I think if something exists and is useful that there is probably an open source implementation or an alternative...
09:25 assbot [HAVELOCK] [NEOBEE] 980 @ 0.00275395 = 2.6989 BTC [-] {6}
09:39 mikaeldice b0n1, there's a torrent out there somewhere with all of the Gox history up to a certain date. After that it's a matter of querying the API, which will lie sometimes, to get to the current date, and then monitoring the API for future updates
09:40 mikaeldice Also, there might be a BigTable database somewhere, if you search on that
09:43 b0n1 mikaeldice, thanks for the advice! Do you also know of such a torrent file for stamp and btcchina?
09:44 assbot [HAVELOCK] [HIF] 5785 @ 0.00047609 = 2.7542 BTC [-] {15}
09:45 mikaeldice On that I have no idea
09:47 mircea_popescu b0n1 but since you're talking about this, let me point out to you that this is a business model.
09:47 mircea_popescu thompson financial is doing decent money simply by having collected and assembled all this data.
09:48 assbot [HAVELOCK] [AM100] 46 @ 0.0025 = 0.115 BTC [-]
09:48 mircea_popescu "bhagenbeekdd@metaltrade.ru 7:00 am The first-rate method to gratify your girlfriend" << dude, metal trade ? poor girlfriends.
09:49 assbot [HAVELOCK] [HIF] 450 @ 0.00045203 = 0.2034 BTC [-] {2}
09:49 assbot [MPEX] [S.MPOE] 12300 @ 0.00090395 = 11.1186 BTC [+] {2}
09:51 BingoBoingo mircea_popescu: For the past several decades now, Thompson/Reuters have made a lot of money on this model of information that is at least in principle readily available, but intimidating to encounter in its free form.
09:52 assbot [HAVELOCK] [AM1] 1 @ 0.2511 BTC [-]
09:53 mircea_popescu indeed.
09:54 BingoBoingo In my perhaps ill advised venture into library science as a vocation, most of my classmates and professors embraced taking the offered APIs and broken datastreams as a gift to embrace.
09:54 BingoBoingo Fuck that though.
09:56 KRS|Gotyawallet word
09:57 KRS|Gotyawallet ;;seen thestringpuller
09:57 gribble thestringpuller was last seen in #bitcoin-assets 12 hours, 46 minutes, and 55 seconds ago: <thestringpuller> ;;ticker
09:57 BingoBoingo Mind you these are the same people who view backwards compatibility with the MARC standards as dogma while wanting to recreate in modern data retrieval the same limitations imposed by magnetic tape.
09:58 assbot [MPEX] [S.MPOE] 23000 @ 0.00090401 = 20.7922 BTC [+] {2}
10:00 BingoBoingo Available for the taking by any rando university that wants to incorporate a Stanford, Harvard, or Berkley-ness to their name by embeding themselves in an area inextricably will be the task of killing Z39.50
10:03 mircea_popescu i doubt anything useful, interesting or valuable is coming out of universities anymore.
10:03 mircea_popescu kinda dead in the water, at least the anglo-saxon model.
10:03 BingoBoingo At the time Z39.50 was standardized SQL implementations were a thing.
10:04 BingoBoingo I imagine universities still come up with unique and useful things, though anyone who cares would be loath to find their release instead of simply reinventing them.
10:06 mircea_popescu i doubt they do. they may inadvertently acquire "rights" to unrelated people's great ideas through the latter's negligence/cluelessness
10:06 mircea_popescu but that's as far as it goes.
10:06 BingoBoingo At least as far as organizing information goes it is Dublin Core https://en.wikipedia.org/wiki/Dublin_core versus google search all over again
10:06 mircea_popescu universities' capacity to create went out with the admittance of the special interest groups.
10:06 mircea_popescu you can either have teachers fucking students and people being called fucktards left and right a la mit 1950s
10:07 mircea_popescu or else you can have sensitivity training and one huge diaper party for mentally stunted "adults" in name only.
10:09 BingoBoingo Well, they don't do paradigmatic change as well as they used to. Many campuses in the Middle West are making great strides in turning corn into ethanol in ways that would make Jack Daniels himself turn white in shock. Try to suppose through these institutions though that there might be a better fuel than ethanol and you are stuck.
10:10 mircea_popescu matybe, i'ven ot really been following the entire "green technologies" stuff.
10:10 mircea_popescu seems bunky to me, but w/e.
10:14 BingoBoingo Well, turning corn into ethanol isn't really green in any other sense than letting Coca Cola know there might be more money in turning corn into fuel instead of soft drinks and letting the poor get Poorabetes
10:17 assbot [MPEX] [S.MPOE] 19738 @ 0.00090404 = 17.8439 BTC [+]
10:17 BingoBoingo Granted much of my information on this subject may be an accident of geography living in a place where news consists of advances turning corn into flamable glorious, often undrinkable booze or corrupt tax auctions http://www.bnd.com/2013/12/13/2958897/prosecutor-moves-to-cut-off-ex.html
10:26 mircea_popescu a
10:27 assbot [HAVELOCK] [AM1] 196 @ 0.25898691 = 50.7614 BTC [+] {5}
10:28 assbot [HAVELOCK] [PETA] 8 @ 0.05 = 0.4 BTC
10:29 BingoBoingo It is like your chemistry versus food rant. Some places the emphasis is so engrained that minute advances in the chemistry become deafening and people forget that maize is a weed.
10:30 mircea_popescu it's a relatively successful one, but not very. nothing like cannabis.
10:31 mircea_popescu i have had the occasion to see this in nature, as romania had for over a decade a lot of ignored agricultural land.
10:31 mircea_popescu both linen and corn had been long used here, and so they exist as wild species.
10:31 assbot [HAVELOCK] [AM1] 20 @ 0.27023687 = 5.4047 BTC [+] {7}
10:31 mircea_popescu the corn did manage to ocasionally pick up a spot, but usualyl driven out within a couple of years
10:32 mircea_popescu the weed is NEVER driven out.
10:32 assbot [HAVELOCK] [AM1] 1 @ 0.26989977 BTC [-]
10:35 KRS|Gotyawallet did somebody say weed, man
10:36 BingoBoingo Soil and latitude and probably other things make a difference. It would not have been a long walk this fall to fields where corn tainted soybean fields. I'll grant it though that the soil in the fields and around them may not be soild for any natural definition of the term, but may merely be a nitrogen soaked fascimile
10:38 assbot [MPEX] [S.MPOE] 15822 @ 0.00090355 = 14.296 BTC [-]
~ 15 minutes ~
10:54 mircea_popescu soybean is arguably even weaker than corn, sure.
10:54 assbot [MPEX] [S.MPOE] 22550 @ 0.00090219 = 20.3444 BTC [-]
10:54 mircea_popescu have you seen many wild oat fields invaded by corn ?
10:54 mircea_popescu or for that matter, Cirsium arvense ?
10:59 BingoBoingo I've seen corn in oat and wheat fields, but not invading land covered by thistles.
11:00 BingoBoingo Around here though thistles are more of a lawn pest than an agricultural pest.
11:01 assbot [MPEX] [S.MPOE] 18450 @ 0.00090219 = 16.6454 BTC [-]
11:02 assbot [HAVELOCK] [NEOBEE] 283 @ 0.002748 = 0.7777 BTC [-] {12}
11:08 assbot [MPEX] [S.MPOE] 15200 @ 0.00090195 = 13.7096 BTC [-]
11:10 assbot [HAVELOCK] [AM100] 96 @ 0.0025 = 0.24 BTC [-] {3}
11:11 assbot [HAVELOCK] [SFI] 2109 @ 0.001 = 2.109 BTC {2}
11:17 mircea_popescu then it definuitely is a matter of soil/clime
11:22 assbot [MPEX] [S.MPOE] 29500 @ 0.00090219 = 26.6146 BTC [+]
11:27 assbot [MPEX] [S.MPOE] 33250 @ 0.00090356 = 30.0434 BTC [+] {4}
~ 16 minutes ~
11:43 assbot [MPEX] [S.MPOE] 18850 @ 0.00090769 = 17.11 BTC [+] {2}
~ 15 minutes ~
11:58 pankkake ;;estimate
11:58 gribble Next difficulty estimate | 1083525546.32 based on data since last change | 1112665357.34 based on data for last three days
11:59 pankkake no one really talking about the sc2 match on bitcointalk. not sure where I could promote the bet…
↖
11:59 pankkake (and not act like a vile spammer)
12:00 Apocalyptic which bet pankkake ?
12:00 pankkake http://bitbet.us/bet/660/scarlett-to-win-starcraft-2-showmatch-against-naniwa/?ref=1Eck6cgGzEb9N42CFhcsCBQhZQStoJbHRK
12:01 ozbot BitBet - "Scarlett" to win StarCraft 2 showmatch against Naniwa
12:05 mircea_popescu maybe on some venue where sf2 is big
12:05 pankkake oh, there are many, but I don't have an account on those places
12:05 pankkake teamliquid is THE place
12:05 pankkake or the starcraft subreddit
12:07 pankkake http://www.teamliquid.net/forum/viewmessage.php?topic_id=437238 hehe!
12:07 ozbot TL Store: Now accepting Bitcoin
12:13 pankkake and I realize I probably bet on the wrong horse :(
12:14 pankkake plus scarlett has many fans so it would be probably more lucrative to bet on the other one
12:21 Namworld whut?
12:22 Namworld What the heck are you talking about, pankkake?
12:22 pankkake http://log.bitcoin-assets.com/?date=14-12-2013#421644
12:22 ozbot #bitcoin-assets log
12:22 pankkake just spammed teamliquid
12:26 Namworld I see
12:27 assbot [HAVELOCK] [NEOBEE] 181 @ 0.00278629 = 0.5043 BTC [+] {2}
12:27 assbot [MPEX] [S.MPOE] 11200 @ 0.0009078 = 10.1674 BTC [+] {2}
12:27 mircea_popescu im surprised sc2 tournaments are still a big thing
12:28 assbot [HAVELOCK] [NEOBEE] 170 @ 0.00265893 = 0.452 BTC [-] {5}
12:28 pankkake league of legends (aka LoL. lol) is a bigger thing apparently
12:29 pankkake still I enjoy watching sc2, even if I don't really play it
12:30 pankkake mostly this guy: https://www.youtube.com/user/PsyStarcraft/videos because of the live play and all the rage and bad manner
12:34 assbot [HAVELOCK] [AM1] 2 @ 0.25500123 = 0.51 BTC [-]
12:35 pankkake http://blog.oleganza.com/post/69887761276/bitcoin-value-proposition
12:35 ozbot Oleg Andreev - Bitcoin Value Proposition
12:41 thestringpuller mircea_popescu: has never been to korea
12:41 asciilifeform hell, wc2 (!) is still played in russia.
12:51 pankkake http://www.coinion.com/2013/12/14/obamacoin-promises-change/
12:52 assbot [HAVELOCK] [PETA] 15 @ 0.05 = 0.75 BTC
12:55 thestringpuller asciilifeform: lol wc2
12:55 thestringpuller how old are you?
12:57 asciilifeform thestringpuller: ~30
12:57 asciilifeform but i was young once
12:59 thestringpuller 30 is still young
12:59 thestringpuller ~30 is still young
13:00 assbot [MPEX] [S.MPOE] 16358 @ 0.00090764 = 14.8472 BTC [-]
13:00 pankkake I hope so!
13:01 asciilifeform my partner at one of the places i wurk was hired because he found a remote 0day for... warcraft 2.
13:02 asciilifeform (it was his only claim to glory; he was a truck driver at the time.)
13:06 assbot [MPEX] [S.MPOE] 25500 @ 0.00090666 = 23.1198 BTC [-]
13:11 pankkake ;;estimate
13:11 gribble Next difficulty estimate | 1096052560.49 based on data since last change | 1123378423.01 based on data for last three days
13:14 Namworld wc2 is the shit, thestringpuller
13:14 Namworld I should play it again...
13:14 mircea_popescu http://trilema.com/2013/youre-gonna-have-to-learn-that-variety-speak/
13:14 ozbot You’re gonna have to learn that variety speak pe Trilema - Un blog de Mircea Popescu.
13:29 Namworld lol, that coinion article.
~ 36 minutes ~
14:06 ThickAsThieves nice article mp, would be interesting if you turn out proven correct
14:07 mircea_popescu get your hollywood friends to read it anyway.
14:07 mircea_popescu spiel says hollyowood's dogfood, and he has a point. they gotta do something.
14:18 assbot [HAVELOCK] [HMF] 94 @ 0.024 = 2.256 BTC [-] {2}
14:24 dexX7 https://bitcointalk.org/adrotate.php?adinfo "Trade 93 Altcoins to join rich elite !!!" lol
14:24 ozbot Ad info
14:28 assbot [HAVELOCK] [PETA] 27 @ 0.05 = 1.35 BTC
14:29 assbot [HAVELOCK] [SFI] 150 @ 0.001 = 0.15 BTC
14:31 mircea_popescu anyone remember Elite ? the game publiosher
14:37 pankkake "join the rich elite" was the mcxnow motto or something
14:37 pankkake that one is a cryptsy reflink, lel
14:38 FabianB ;;bc,stats
14:38 gribble Current Blocks: 274910 | Current Difficulty: 9.08350862437022E8 | Next Difficulty At Block: 276191 | Next Difficulty In: 1281 blocks | Next Difficulty In About: 6 days, 11 hours, 16 minutes, and 21 seconds | Next Difficulty Estimate: 1098769491.01 | Estimated Percent Change: 20.96311
14:40 dexX7 and also "Goat says ch00o0o00 ch0000o000o00o0!!!1!!" linking to an article about bitcoin and what greenspan said. funny rotation
14:46 assbot [HAVELOCK] [AM1] 1 @ 0.261 BTC [+]
14:52 mircea_popescu ;;later tell oleganza what's the point of a blog w/o a comment section ?
14:52 gribble The operation succeeded.
15:05 assbot [MPEX] [S.MPOE] 5851 @ 0.00090332 = 5.2853 BTC [-]
15:06 mikaeldice damn, yet another dice site launched.. mine is going to be just a coin in the wishing well by the time it's done
15:06 pankkake try to find something unique
15:07 assbot [HAVELOCK] [AM100] 122 @ 0.0024761 = 0.3021 BTC [-] {2}
15:09 mikaeldice I'm not too worried about this one.. "How Does Dicelead Proof Us Each Roll Is Legitimate? dicelead is provably fair which mean you can verfiy each roll is absolutely fair ,so we are only run dicelead.com for fair purpose and no way to change any result of it" ah, well, okay then
15:11 BingoBoingo Well, I mean the problem with new dice sites is that the barrier of entry is high. Just-Dice got to eat Satoshi-Dice's lunch because it offered something very different and in many ways better. SatoshiDice's new tribute game is going no where because... In spite of their establish name the new game just sucks.
15:12 asciilifeform i still think the phootoore of btc games is battles of wits, not luck
15:12 asciilifeform if one wishes to gamble, there's always daytrade
15:13 mikaeldice I have addressed a couple of small problems that other games haven't, but I'm not at all convinced that it'll stand up to the signal:noise ratio with so many sites out there now. Time will tell eventually
15:14 kanzure strike a deal with a physical casino
15:15 mikaeldice This new site, for example, has some clear flaws. 1% house edge with no commission, but they give away bitcoins every hour and promise 50% commission to all referrals. The math doesn't add up.
15:19 assbot [HAVELOCK] [PETA] 10 @ 0.05 = 0.5 BTC
~ 22 minutes ~
15:41 assbot [MPEX] [S.MPOE] 9301 @ 0.00090195 = 8.389 BTC [-]
15:55 assbot [HAVELOCK] [AM1] 1 @ 0.25500221 BTC [-]
15:58 assbot [MPEX] [S.MPOE] 10500 @ 0.00090226 = 9.4737 BTC [+]
16:05 assbot [HAVELOCK] [AM1] 39 @ 0.24960049 = 9.7344 BTC [-] {13}
16:18 assbot [MPEX] [S.MPOE] 16104 @ 0.00090102 = 14.51 BTC [-] {2}
16:19 assbot [MPEX] [S.MPOE] 16946 @ 0.0009007 = 15.2633 BTC [-]
16:31 assbot [HAVELOCK] [AM1] 2 @ 0.25891833 = 0.5178 BTC [+]
16:32 assbot [HAVELOCK] [HMF] 23 @ 0.02310034 = 0.5313 BTC [-] {5}
16:33 assbot [HAVELOCK] [AM1] 1 @ 0.24510221 BTC [-]
16:44 mircea_popescu https://bitcointalk.org/index.php?topic=355169.msg3836323#msg3836323
16:44 ozbot Two years of forum ads: get cheap forum ads for a limited time
16:44 mircea_popescu check that out, forum ads are dead.
16:44 mircea_popescu apparently you can't mismanage a property into the shit for 2+ years and then have it survive. who knew!
16:46 mircea_popescu mikaeldice it's a coin in the well already, and has been since summer 2012.
16:46 mircea_popescu as the othersd say, gotta be great, and more importantly gotta be someone first.
16:46 mircea_popescu BingoBoingo it first and foremost got a chance because dooglus. it'd have died an ignominable death if almost anyone else'd have tried an exact copy.
16:46 pankkake why does the forum need ads, they have so many btc already
16:47 mircea_popescu pankkake had, perhaps.
16:47 pankkake right, this is bitcoin
16:47 mircea_popescu anyway, he's got https://bitcointalk.org/index.php?topic=355169.msg3916044#msg3916044
16:48 mircea_popescu aka spare change.
16:48 mircea_popescu worst insult of all, nobody in the actual biz paid him even the equivalent of a bit into cheeseburger.
16:48 mircea_popescu it's a case study in how to fuck up, this.
16:48 pankkake lol, I could have bought one
16:49 pankkake I'd pay 0.05 BTC just to say "butts"
16:49 mircea_popescu you could have, but apparently you don't gas.
16:49 mircea_popescu anyone know Bitgo btw ?
16:51 Duffer1 looks like a way too complicated localbitcoins
16:53 assbot [MPEX] [S.MPOE] 26500 @ 0.0009007 = 23.8686 BTC [-]
16:58 mircea_popescu yeah i don;'t quite grok what it's supposed to be. thought maybe the owner is here.
16:59 FabianB looks like a webwallet to me
17:01 Duffer1 like match.com but with btc escrow
17:01 mircea_popescu hahaha that actually sounds like a fucking pitch.
17:01 mircea_popescu "like match.com but with btc AND screw"
17:02 Duffer1 i wonder who their target market is that isn't already serviced by localbitcoins
17:03 mircea_popescu localbitcoins is more like a brand than like an actual service servicing local markets.
17:03 mircea_popescu mjr_ 's thing is going the same way.
17:03 mircea_popescu his experience clearly shows that that market needs someone to put his foot down and keep at it for 5+ years.
17:04 mircea_popescu i mean, it responded to half year's worth of pressure nicely. but it isn't enough.
17:04 Duffer1 6months? that's first i've seen of it
17:04 Duffer1 well good luck to them :P
17:05 mircea_popescu Duffer1 there was this attempt to make a more concrete localbitcoins, "buttonwood"
17:06 Duffer1 wasn't that supposed to be an app?
17:06 mircea_popescu it was a central park meeting for a few months.
17:07 Duffer1 oh one of the get togethers
17:08 pankkake there's dealco.in too
17:09 Duffer1 https://github.com/joshuarossi/buttonwood_meteor
17:10 Duffer1 they talked about it a bit on letstalkbitcoin podcast
17:16 assbot [MPEX] [S.MPOE] 33600 @ 0.0009007 = 30.2635 BTC [-]
17:16 kakobrekla http://bitbet.us/bet/355/us-federal-minimum-wage-will-be-raised-above/#c2076
17:17 ozbot BitBet - US Federal Minimum Wage will be raised above $7.25 by the end of 2013
17:17 mircea_popescu was it ?
17:17 kakobrekla bitbet should change slogan from 'got milk?' to 'better than bank.'
17:17 kakobrekla (re last two comments)
17:18 mircea_popescu kakobrekla over lunch i was loling with one mod, because she observed that "well, for many people bitbet is a great proposition because not only it allows them to win, but also it prevents them from spending their btc in the interval.
17:18 mircea_popescu so some kid bets 20 bucks on btc being over 1000 in six months, he gets 5 grand out."
17:18 kakobrekla hehehe
17:22 mircea_popescu http://bitbet.us/bet/478/usd-btc-to-drop-below-40-in-2013/#c2078
17:22 ozbot BitBet - USD/BTC to drop below $40 in 2013
17:22 mircea_popescu so fucking cute, these kids.
17:28 pankkake No pays: 0.997
17:30 mircea_popescu http://www.mrskincdn.com/data/clip/02/69/71/BlurredLines-Ratajkowski-HD-SAT-01-frame-1.jpg
17:30 mircea_popescu i can't believe they still do nude panties.
17:30 mircea_popescu it's 2013, yo.
17:32 pankkake didn't miley cyprus do something like that?
17:32 pankkake which looks like shit by the way
17:34 mircea_popescu for a moment i thought there actually is a pron starlet named miley cyprus
17:35 pankkake nor there is a britney spheres :/
17:36 mircea_popescu that'd have been a 200s thing
17:36 asciilifeform would she 'rolls without slipping on the herpolhode' ?
17:37 asciilifeform (obligatory ref: http://mazepath.com/uncleal/herpol.htm)
17:37 mircea_popescu pankkake http://uk.eonline.com/eol_images/Entire_Site/2013730/rs_560x415-130830150852-1024..miley-cyrus-twerk-vma.ls.83013.jpg http://2.bp.blogspot.com/-cWgbbdXx5Is/UOM_S50tf3I/AAAAAAAAEuU/DTbMYh_GVZg/s320/Laughing+Camel.jpg
17:37 pankkake haha
17:38 pankkake I mean, I like both sluts and tongues. and this girl, EW
17:38 mircea_popescu http://mazepath.com/uncleal/herpol.htm
17:38 mircea_popescu cmon ozbot.
17:39 Duffer1 is it just me or do her teeth look like dentures?
17:40 pankkake just a wide smile exposing the gum?
17:41 Duffer1 oh it's a horse
17:42 mircea_popescu lmao
17:42 mircea_popescu "murine rights" ? fucking seriously ?
17:42 asciilifeform this existed!
17:42 mircea_popescu asciilifeform baby you are an encyclopedia of all things timecubey
17:43 asciilifeform al, like me, once lived under the damocle's sword of regulations on what you can do to... mice.
17:43 mircea_popescu this for instance may be the only document on the english web using the otherwise gramatically correct and meaningful phrase
17:44 asciilifeform al used english language the way some maniacs use perl
17:44 asciilifeform i.e. all the features.
17:45 mircea_popescu "997 was Media-saturated with El Niño spin - the largest El Niño event in recorded history and a non-negotiable consequence of the Greenhouse Effect! California was to be washed away under unceasing deluge as the Earth burned! The whole thing summed to one rainstorm and some backpedaling."
17:45 mircea_popescu how quickly that was forghotten, too.
17:45 mircea_popescu it's almost all the libertards of today are too young to have any recollection of 1997
17:45 mircea_popescu wait... they actually are. whodda thunk you can run a political movement on the passions of teenagers.
17:47 Duffer1 liberals or libertarians?
17:48 mircea_popescu libertards = retards who think there is such a thing as "progress"
17:49 mircea_popescu asciilifeform don't lose track of all these badly typeset rants, when we burn the old maculature we're going to want new maculature to replace "the history of the world" with.
17:49 asciilifeform got old mr. schwartz complete on 4 floppies.
17:49 asciilifeform his 'deluxe package.'
17:49 asciilifeform 25 bux in '98.
17:50 mircea_popescu you suppose the material can make it the original content on the cardano ?
17:50 mircea_popescu we do have some storage space upon delivery, might as well not be empty.
17:50 asciilifeform perhaps, i'd love to dig him up & ask him
17:50 mircea_popescu please do.
17:50 asciilifeform but he hasn't been answering mail for a while
17:50 asciilifeform i'll give it a shot.
17:51 mircea_popescu alternatively we violate copyrights and wait to be sued.
~ 27 minutes ~
18:18 assbot [MPEX] [S.MPOE] 2109 @ 0.00089977 = 1.8976 BTC [-]
18:24 assbot [MPEX] [S.MPOE] 24800 @ 0.00089842 = 22.2808 BTC [-] {2}
18:27 assbot [MPEX] [S.MPOE] 45554 @ 0.00089791 = 40.9034 BTC [-] {2}
18:41 mircea_popescu http://bitbet.us/bet/664/google-glass-discontinued-in-2014/
18:41 mircea_popescu ThickAsThieves that you ?
18:41 ozbot BitBet - Google Glass discontinued in 2014
18:46 mircea_popescu "Thus for example the X.IDIFF.DEC traded in January 2013 will settle on MPEx on December the 18th, 2013. Should the network difficulty at that time be 3370182 then each contract will be worth 0.03370182 BTC."
18:46 mircea_popescu text written in january.
18:46 mircea_popescu ;;bcstats
18:46 gribble Current Blocks: 274938 | Current Difficulty: 9.08350862437022E8 | Next Difficulty At Block: 276191 | Next Difficulty In: 1253 blocks | Next Difficulty In About: 6 days, 11 hours, and 37 seconds | Next Difficulty Estimate: 1094254397.86 | Estimated Percent Change: 20.46605
18:47 mircea_popescu only about 30x off the mark.
18:57 assbot [MPEX] [S.MPOE] 1250 @ 0.00089977 = 1.1247 BTC [+]
19:01 nubbins` well hello
19:02 assbot [MPEX] [S.MPOE] 18250 @ 0.00089762 = 16.3816 BTC [-] {2}
19:02 nubbins` mircea_popescu: what's an order of magnitude, anyway
19:04 assbot [HAVELOCK] [NEOBEE] 150 @ 0.00279999 = 0.42 BTC [+] {2}
19:06 assbot [HAVELOCK] [NEOBEE] 831 @ 0.00283178 = 2.3532 BTC [+] {5}
19:10 mircea_popescu two, technically.
19:10 pankkake https://bitcointalk.org/index.php?topic=135035.msg3969507#msg3969507 yay havecocks
19:10 ozbot Havelock Investments - Exchange feedback/comments
19:11 nubbins` oo you're right
19:11 nubbins` anyway, funny story. got this new kind of dope, been sneezing like mad
19:11 nubbins` "oh no, i'm allergic to the marihuana"
19:11 nubbins` turns out my basil plant started flowering again
19:11 nubbins` snip snip, no more allergies
19:12 pankkake ban basil plants
19:13 nubbins` i know right? one guy sneezed a couple times
19:13 assbot [HAVELOCK] [SMG] 10000 @ 0.00016631 = 1.6631 BTC [+] {16}
19:13 assbot [MPEX] [S.MPOE] 27047 @ 0.00089977 = 24.3361 BTC [+]
19:13 nubbins` basil, destroyer of youth
19:13 nubbins` corrupter of the innocent
19:15 nubbins` defiler of white women
19:15 mircea_popescu pankkake so that's the end of havelock then.
19:15 mircea_popescu ;;eauth mircea_popescu
19:15 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
19:16 mircea_popescu ;;everify freenode:#bitcoin-otc:1ca25d63307a4c43316c160f03f3313ca3b609e411b15d2e2ebc05a0
19:16 gribble You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
19:16 nubbins` ahahahahahaha
19:16 nubbins` re: havelock/virtex
19:16 nubbins` what a bunch of cock suckers
19:16 mircea_popescu ;;rate topace -3 Ran a fake exchange, scammed noobs out of thousands of BTC. See https://bitcointalk.org/index.php?topic=135035.msg3969507#msg3969507 for an example.
19:16 gribble Rating entry successful. Your rating of -3 for user topace has been recorded.
19:16 nubbins` nay, what a bunch of dick-noses
19:17 nubbins` i know plenty of cock suckers who are upstanding members of the community
19:17 mircea_popescu that makes 3 out of 3 for the 2nd batch.
19:17 mircea_popescu looking forward to the inevitable 3rd batch, of course. which will be so very different, of course.
19:18 nubbins` so sketchy
19:18 nubbins` where's that guy mr_e_ from the forums
19:19 nubbins` oh, haha
19:19 nubbins` from the link: ".."certificates" in another company called Alberta"
19:19 mircea_popescu they're going for the gigavps scam.
19:20 nubbins` from the announcement: "1612643 Alberta Inc. (operating as Virtex)"
19:20 nubbins` lelel
19:20 nubbins` joke being that you can refer to your business as <business number> <province> Inc.
19:20 nubbins` or <business number> Canada Inc. for federally incorporated
19:21 nubbins` anyway, time i guess to make sure my virtex account is cleared out.
19:21 nubbins` this is going to make it a lot harder for my business to accept btc
19:23 nubbins` ok, after reading further, it looks like holders can redeem their havelock shares for actual share certificates from virtex
19:23 nubbins` at least they can't sell them
19:24 pankkake and what do they get, CAD dividends?
19:24 mircea_popescu the thing never paid dividends.
19:25 mircea_popescu the entire bs is there to give idiots something to do with their time. "learn how to tapdance and then get your coupon for a chance to get an option to dance in front of the tv".
19:25 mircea_popescu you know, rather than spending that same time hunting us down.
19:25 pankkake so basically they steal your stuff but give you a paper instead
19:26 mircea_popescu this is exactly what btc is not about.
19:26 pankkake yeah, that's a government trademark
19:26 nubbins` pankkake yes
19:26 nubbins` "VirtEx took 4000 btc from an IPO in March ($150K) promising a dividend that they never delivered. Now, only 9 months later, their market reap is worth $3.6M (quite the gestation) and they are exiting the exchange. No dividend, no buyback, simply a promise to exchange currently held shares for "something else". "
19:26 pankkake but how virtex never paid dividends? the exchange was still operating at a loss?
19:27 nubbins` no, they were making money hand-over-fist.
19:27 asciilifeform wtf is with 'virtex' anyway. every time i think 'xilinx'. what's next? btc product called 'coca cola' ?
19:27 nubbins` pankkake: the "new, lower" fees are 1.5% on every trade
19:27 mircea_popescu asciilifeform was a canada-only btc/cad exchange
19:27 nubbins` hand. over. fist.
19:27 nubbins` scoundrels
19:28 pankkake that's quite expensive for an exchange
19:28 pankkake perhaps there are not enough canadians
19:29 nubbins` well, ya know, volume.
19:29 nubbins` 7 day: 3000 btc
19:29 nubbins` although that's still taking the piss
19:29 nubbins` ;calc 3000*.015
19:29 pankkake better than bitcoin-central :p
19:29 mircea_popescu don't they charge the 1.5 both ways ?
19:29 nubbins` ;;calc 3000*.015*[ticker --last]
19:29 gribble 40686.525
19:29 nubbins` mircea_popescu: yes
19:29 mircea_popescu they do mpex style one side only ?
19:29 mircea_popescu so then .03
19:29 pankkake which is considered "high fee" with its 0.59
19:30 nubbins` okay so they only made $40k CAD per week in fees
19:30 nubbins` not so bad
19:30 pankkake mpex is one side only? seller?
19:30 nubbins` i mean, they do have like a handful of employees
19:30 mircea_popescu yes.
19:30 nubbins` ;;calc 3000*.03*[ticker --last]
19:30 gribble 81373.05
19:30 pankkake like havelock :p
19:30 pankkake somehow I figured it was just easier to have the fee only on the seller side
19:30 mircea_popescu nubbins` poverty and managerial incompetence are always poor excuses. they claimed they were an exchange, and can compete. then they should be an exchange and compete,
19:30 nubbins` well if they don't plan on paying divs, there's either some serious salaries or some really shiny iMacs
19:31 mircea_popescu rather than expect the public to donate thousands of btc to prop up their unwarranted pretensions and delusions.
19:31 nubbins` mircea_popescu: i wonder what will happen to the shares of people who don't want to hand over all their personal info?
19:32 nubbins` bought back at a "reasonable market rate", no doubt
19:32 mircea_popescu it's called the gigavps scam for a reason.
19:32 nubbins` well, if nothing else, you can trade your name, address, etc for shares in an actual registered company
19:33 mircea_popescu you can do that with five cents and a copy of the pink sheets.
19:33 mircea_popescu if i wanted my gold arbitrarily transformed into worthless paper i'd be a us citizen.
19:33 nubbins` sounds like a bum deal, personall
19:33 nubbins` *y
19:33 nubbins` oh ho! good one
19:33 KRS|Gotyawallet heh
19:34 KRS|Gotyawallet its not worthless!!!
19:34 KRS|Gotyawallet a lot of it buys 1 bitcoin.
19:34 nubbins` i wonder what the laws are regarding foreign ownership of shares
19:35 nubbins` there was a big stink about a new wireless company not being allowed to open its doors because it was majority foreign-owned, but i'm not sure if there was industry-specific legislation
19:37 mircea_popescu http://bitbet.us/bet/495/there-will-be-blood/
19:37 ozbot BitBet - There will be blood
19:37 mircea_popescu all three, you hear ?
19:38 pankkake http://bitbet.us/bet/617/and-then-there-was-one//?ref=1Eck6cgGzEb9N42CFhcsCBQhZQStoJbHRK
19:38 ozbot BitBet - And Then There Was One
19:39 mircea_popescu tough one.
19:40 pankkake http://bitbet.us/bet/654/havelock-to-restrict-us-investors-before-dec-1st/ might be easier
19:40 ozbot BitBet - Havelock to restrict US investors before Dec 1st 2014
19:40 pankkake 2 ways to win
19:40 mircea_popescu 7 deadly sins, 7 ways to win
19:40 mircea_popescu 7 holy paths to hell (and your trip begins)
19:41 mircea_popescu seven downward slopes... seven bloodied hopes... seven are your burning fires...
19:41 mircea_popescu seven, your desires...
19:41 nubbins` pankkake: i lost on a similar one earlier this year
19:41 nubbins` nov 5
19:41 pankkake yeah, I lost it too
19:42 pankkake bah, it was hedging!
19:42 pankkake (not that it stopped everything on havecock from −90%ing)
19:43 nubbins` interesting times
19:43 assbot [MPEX] [S.MPOE] 8744 @ 0.00089977 = 7.8676 BTC [+]
19:44 KRS|Gotyawallet whats the deal with havelock
19:44 KRS|Gotyawallet heard the u.s. is freezing assets with panama or something
19:45 KRS|Gotyawallet wonder how events like this play out with bitcoin
19:46 nubbins` hm, there aren't any financial reports for vtx?
19:47 mircea_popescu usagi was busy.
19:48 mircea_popescu from the holy shit dept : https://pbs.twimg.com/media/BbZElwQCAAEzod-.jpg
19:49 KRS|Gotyawallet The White House said Friday the decision to freeze U.S. assets of firms in Panama, Singapore and Ukraine represented actions based on existing sanctions.
19:50 pankkake shouldn't really affect havelock… maybe cfig which is now the same guys apparently
19:51 pankkake "Using silly terms like “CEO of worldcoin” and “CIO of feathercoin” in their press release, UNOCS amounted to one of the most pathetic and transparent pump and dump schemes in recent times, yet people still managed to fall for it" - CEO of an altcoin. omg
19:52 mircea_popescu KRS|Gotyawallet the ussoviet govt is running short on cash.
19:52 mircea_popescu it's either this or no food stamps next week.
19:53 asciilifeform in other news, http://www.washingtonpost.com/world/china-successfully-completes-first-soft-landing-on-moon-in-37-years/2013/12/14/fad6ffb4-64c6-11e3-af0d-4bb80d704888_story.html?tid=pm_world_pop
19:53 assbot [HAVELOCK] [AM1] 2 @ 0.26787751 = 0.5358 BTC [+]
19:54 mircea_popescu asciilifeform you know 40 years ago that'd have touched off a space race.
19:54 asciilifeform haha
19:54 mircea_popescu back when the beast still had some spunk in it.
19:55 mircea_popescu so you know... this shangri-la you speak of ? where o where is it ?
19:55 asciilifeform only in imagination.
19:56 asciilifeform that or, sits! waiting!
19:56 mircea_popescu orly.
19:57 mircea_popescu sits, waiting, while china spends 20 years developing complete tactical superiority in every field.
19:57 asciilifeform anyone knows the story of a man called Anatoliy Golitsyn?
↖
19:57 mircea_popescu are you aware the only reason the us army is not completely exterminated to the last man currently is that the chinese do not WANT to ?
19:57 asciilifeform he escaped from ussr and became chums with the famous james jesus angleton.
19:58 mircea_popescu guy that escaped to britain ?
19:58 mircea_popescu ya ok.
19:58 asciilifeform and he believed (and, afaik, still does, seems to be alive) that the ussr faked its death.
19:58 asciilifeform that it's sitting and waiting somewhere.
19:59 KRS|Gotyawallet thanks..gonna do some reading up on all that..i must say, some interesting times we are in.
19:59 asciilifeform he whispered in angleton's ear, and to anyone else who'd listen, that the collapse was a sham.
19:59 asciilifeform another guy, Nosenko, defected soon after, and told CIA that G was full of shit
19:59 KRS|Gotyawallet I'm sorry mircea_popescu, when you say "this" did you mean bitcoin or the situation with Iran and all that.
19:59 jurov what a fancy way to explain velvet revolution
20:00 asciilifeform whereupon angleton had N starved in a dungeon for a few years
20:00 asciilifeform so he'd 'confess'
20:00 mircea_popescu KRS|Gotyawallet in the food stamps context ? the stealing of people's money by the usg.
20:00 KRS|Gotyawallet ah ok.
20:01 mircea_popescu asciilifeform hard angle to sell for all the people that were offered to buy still workjing nuclear subs.
20:01 asciilifeform that came later.
20:01 asciilifeform after A was fired.
20:01 mircea_popescu so did it or didn't it ?
20:01 KRS|Gotyawallet anyone have word on cyprus? that was big news a while back and I was wondering if bitcoin was of help to them.
20:01 asciilifeform that isn't the point. the point that there are always people at a wake saying the corpse isn't one, until it starts to stink.
20:01 mircea_popescu and after.
20:02 asciilifeform sometimes even after.
20:02 mircea_popescu there are still people who figure germany had a decent shot in ww2.
20:02 asciilifeform there are people (i'm told, in sweden) who believe that nazis still run everything.
20:03 mircea_popescu which they do, inasmuch as they handling money can't be libertards, and a sliver of libertards believe everyone who's not equally retarded is a fascist
20:03 mircea_popescu starting with their parents.
20:07 assbot [HAVELOCK] [PETA] 40 @ 0.05 = 2 BTC
20:09 KRS|Gotyawallet what do you all think about amt mining hardware? nwcwe heard of em
20:11 mircea_popescu link or something ?
20:11 asciilifeform are there actually happy miners somewhere (vs. mining hw vendors), or are they all busily going broke and cursing each other for the 'arms race' ?
20:12 KRS|Gotyawallet of course..it is an arms race indeed and they're killing each other over it
20:13 asciilifeform botnets appear to be switching to strategically ddosing pools instead of mining.
20:13 mircea_popescu asciilifeform mining is not intended or designed to be a productive activity generally.
20:14 asciilifeform (i study botnets)
20:14 mircea_popescu it's intended to approximately break even, which means most people will book a loss.
20:14 asciilifeform that's my understanding. which leaves the question: wtf?
20:14 asciilifeform why do people play
20:15 mircea_popescu (which adds cosmic perspective to the mpex view of the world, imagine there exists another whole "Ecosystem" out there made principally out of companies whose business model is operating in a not profitable by design market, and those are 90%+ of the revenue)
20:15 KRS|Gotyawallet asciilifeform: where i used to work we got hacked and one of our servers was made part of a botnet..i tracked them down to an irc channel in the philippines..done with perl..it was pretty basic stuff but still cool to take apart. they got in because the idiots setting up the server didn't secure the /tmp directory and jboss had its admin console exposed.
20:15 mircea_popescu anyway, people mine because if they don't mine then it's profitable
20:15 mircea_popescu if they do hopwever it is not.
20:15 mircea_popescu perfect cocktrap.
20:16 KRS|Gotyawallet management was too busy worrying about time to market and couldnt be bothered with sill things like security
20:16 asciilifeform two drunks each pay the other $100 to eat spoon of shit.
↖
20:16 mircea_popescu precisely.
20:16 mircea_popescu mpoe-pr quoted buffett on the textile market to the forum until she fell over.
20:17 mircea_popescu it isn't something that can be helped symbolically.
20:17 asciilifeform i once saw the term 'tournament market' used to describe this situation
20:17 mircea_popescu it's a really great way to use the market for a good purpose. in this case, we get the strongest blockchain money can buy.
20:17 mircea_popescu other people's money.
20:17 asciilifeform and that it is normal and unavoidable in some spheres (athletic hopefuls, junior professors, etc.)
20:18 mircea_popescu this isn't that thio.
20:18 assbot [MPEX] [S.MPOE] 9400 @ 0.00090226 = 8.4812 BTC [+]
20:18 asciilifeform most of the participants get fucked, the survivors win.
20:18 mircea_popescu the similarity is superficial.
20:18 mircea_popescu a tournament market, like typiocally the 1mn starlets waiting tables in hollywood is there to exploit labour.
↖
20:18 mircea_popescu this system is here to exploit capital.
20:19 pankkake maybe if mining stays out of amateurs it will be profitable
20:19 mircea_popescu that's exactly what can't happen.
20:19 mircea_popescu mining has to be "distributed", which means, it must remain unprofitable for large ventures.
20:19 pankkake because those certainly don't want to understand they will lose
20:20 pankkake it has to be decentralized, who cares about being distributed
20:20 mircea_popescu i guess the two are synonyms in this context.
20:20 asciilifeform i often wonder, how much centralization would it take to send people running for the exits
20:21 asciilifeform say beijing builds an optical computer out of unobtainium
20:21 pankkake meh. people seem to thing every little guy mining is good
20:21 mircea_popescu asciilifeform you're asking "how much worsening of italian delis would take for mobsters to abandon manhattan"
20:21 pankkake I just think that no central authority is good
20:21 mircea_popescu it will never happen, they will start shooting deli owners in the street.
20:21 pankkake better be big businesses than 15 year old gamers
20:21 mircea_popescu pankkake i am one who believes every little guy mining is good.
20:22 asciilifeform mircea_popescu: more like 'how much background radiation would it take to get mobsters out of manhattan'
20:22 pankkake use litecoin then :p
20:22 mircea_popescu asciilifeform https://bitcointalk.org/index.php?topic=201268.msg2121475#msg2121475 that's the story, if you care.
20:24 asciilifeform reminds me of russia's (and, for that matter, u.s.) disappearing auto industry
20:25 asciilifeform all good and well, rational to close down the plants, until the boats with toyotas stop coming.
20:25 mircea_popescu which is why small guys mining is good.
20:25 mircea_popescu it's like farming.
20:26 mircea_popescu (of course, in this perspective mega-bitcoin-corporations a la asicminer are small guys too)
20:40 assbot [HAVELOCK] [AM1] 2 @ 0.261 = 0.522 BTC [-]
20:43 KRS|Gotyawallet anyone have a comment on amt mining gear
20:44 mircea_popescu KRS|Gotyawallet why do you think this is even a thing ?
20:45 mircea_popescu noob makes random thread on btctalk five weeks ago. he's nobody and his thing doesn't exist.
20:46 KRS|Gotyawallet damnit..such scam. much drama
20:47 KRS|Gotyawallet i want to scam the scammer someday..that would be +10000
20:47 mircea_popescu russellthies Jr. Member, 5 posts : "I received an email from Jim on Dec. 3rd, regarding my 1.2 th/s order (541). At that time he told me that they were working on the final "board tweaks" and that if they were late it would be by a week or so."
20:47 mircea_popescu noobs will be noobs.
20:48 KRS|Gotyawallet the crux of the problem is nobody wants to seek funding for their venture, they'd rather take "preorder" money as capital to launch their offering..since when should the customer take that risk
20:48 KRS|Gotyawallet you said it..noobs.
20:48 mircea_popescu KRS|Gotyawallet you can't "scam the scammer" because the scammer has enough fucking sense to respect the first rule of investing, which is, don't randomly sent btc.
20:48 mircea_popescu that's the end of that.
20:48 KRS|Gotyawallet word
20:48 KRS|Gotyawallet but it would be nice
20:48 mircea_popescu anyway, there are instruments to handle these problem, as described http://trilema.com/2013/the-positive-market-effects-of-the-delivery-bet/
20:49 mircea_popescu all people need to do is use them.
20:49 mircea_popescu if they don't want to use them... why's that a problem.
20:49 KRS|Gotyawallet hmm
20:53 assbot [HAVELOCK] [NEOBEE] 303 @ 0.00283499 = 0.859 BTC [+] {2}
20:53 assbot [HAVELOCK] [SFI] 886 @ 0.001 = 0.886 BTC
20:54 mircea_popescu KRS|Gotyawallet were you around back when primeasic showed and disappeared ?
20:54 KRS|Gotyawallet yes this article is exactly what im talking about
20:55 KRS|Gotyawallet they were but a spec on the timeline i long forgot about that name
20:55 mircea_popescu http://trilema.com/2013/primeasic-most-likely-a-scam/
20:55 ozbot PrimeAsic - Most likely a scam. pe Trilema - Un blog de Mircea Popescu.
20:55 mircea_popescu some prime investigative reporting by kakobrekla there.
20:55 KRS|Gotyawallet there was so much other news, barely caught my eye
20:55 KRS|Gotyawallet haha
20:55 mircea_popescu this is why we don't care about such. noobs don't get to start businesses.
20:56 KRS|Gotyawallet my problem is i have to identify each offering to find out if they've made a significant investment..on the surface, i have no idea..and its a shame these other folks dond either. ie skyminer
20:56 KRS|Gotyawallet took people for 1000's of btc afaik
20:56 mircea_popescu "people".
20:56 mircea_popescu people know better than that.
20:57 mircea_popescu noob starts business ? scam. end of discussion, no questuions asked. if he's a businessman he's known.
20:58 mircea_popescu mining venture taking preorders and no delivery bet ? scam. no questions need to be asked or answered past "what's the link to your delivery bet"
20:58 KRS|Gotyawallet i noticed they wont even blast their offering out there, it will be something subtle like a link in a trollbox somewhere so some sucker is all juicy over btc fortunes he just plunks down his 12 btc or whatever
20:59 mircea_popescu gotta learn somehow, you know ?
20:59 KRS|Gotyawallet actually its good both ways, darwin effect at work in business
21:00 assbot [HAVELOCK] [COG] [PAID] 1.34510223 BTC to 9`573 shares, 14051 satoshi per share
21:00 KRS|Gotyawallet i need a scam..not sure what though..mass mailings is getting old
21:01 asciilifeform KRS|Gotyawallet: sell gpu cards with magic firmware to ltc miners.
21:01 KRS|Gotyawallet deface scam sites, redirect btc payments from noobs
21:02 asciilifeform KRS|Gotyawallet: set up tor exits which replace SD addrs with yours.
21:02 KRS|Gotyawallet NICE
21:02 asciilifeform since when is there a shortage of ideas for cheats
21:02 KRS|Gotyawallet haha very crevar
21:02 mircea_popescu not something you'd wish to do, really.
21:03 asciilifeform i mean, if you're not above scam
21:04 mircea_popescu the irony embedded in the entire fucktard ecosystem (meaning, the noobs and those fleecing them) is that it really is quite self limiting and not particularly prosperous.
21:04 mircea_popescu ie, being a scammer is not really so many steps about being a clueless noob.
21:04 asciilifeform there's a delicate predator-prey equilibrium, though
21:05 asciilifeform if some clever fellow runs a scam, he will harvest so many idiots that that particular species of scam won't work again - at least not without major cosmetic remodelling.
21:05 mircea_popescu not really, most situations evolve as boundless systems
21:05 mircea_popescu that particularly is not true, the warrior forum is still running two or three major scams pioneered in 1995
21:06 mircea_popescu just like the porn studios are still basically doing, boy meets girl, boy gets girl.
21:06 asciilifeform i still suspect that there is a large - but finite - supply of chumpatron fuel. at least of any particular variety.
21:06 mircea_popescu what else are they gonna do. once they're in porn they're in porn.
21:06 KRS|Gotyawallet no going back
21:06 mircea_popescu asciilifeform yes. it equals exactly "entitlement" spending by governments.
21:07 mircea_popescu look at the us budget for each year, you'll know about how much the taxpayer is paying to support scammers.
21:07 KRS|Gotyawallet its like dick sucking..a guy cant just go and suck one dick and still be straight. even though it was just one dick he's a faggot.
21:07 asciilifeform 'great fleas have little fleas, on their backs to bite them...'
21:08 KRS|Gotyawallet just because he sucked one dick does that make him gay?
21:08 asciilifeform 'bob the bridge-builder.'
21:09 KRS|Gotyawallet ascoolifeform ever sniff an exit node
21:09 assbot [HAVELOCK] [AM1] 3 @ 0.24530035 = 0.7359 BTC [-] {3}
21:09 KRS|Gotyawallet ii
21:09 asciilifeform KRS|Gotyawallet: no comment. but i recommend the exercise.
21:10 KRS|Gotyawallet thats what i thought
21:10 asciilifeform if you publish your results, do it in some way that cannot be readily linked to you in meatspace.
21:10 asciilifeform lest you end up like that swede.
21:11 KRS|Gotyawallet i wouldnt know how to publish results like that without taking it up the ass so i just site out the whole exercise.
21:11 assbot [HAVELOCK] [AM1] 10 @ 0.24309999 = 2.431 BTC [-] {4}
21:11 KRS|Gotyawallet i mean..i could i just dont have the effort in me
21:11 asciilifeform it doesn't take long.
21:11 KRS|Gotyawallet the net has become so clandestine now
21:12 KRS|Gotyawallet i lived for years and years with a black cloud over my head from all the tele op phreaking i did as a kid, professional warez importer..got tired of looking over my shoulder.
21:12 asciilifeform funnily, tor has made lusers' traffic more public than it ever was before.
21:12 KRS|Gotyawallet mci hated me
21:12 KRS|Gotyawallet yeah thats the beauty of it rly
21:15 assbot [HAVELOCK] [AM1] 6 @ 0.243 = 1.458 BTC [-]
21:21 assbot [MPEX] [S.MPOE] 1800 @ 0.00090226 = 1.6241 BTC [+]
21:32 assbot [MPEX] [S.MPOE] 32700 @ 0.0009033 = 29.5379 BTC [+] {3}
21:33 assbot [HAVELOCK] [PETA] 23 @ 0.05 = 1.15 BTC
21:42 assbot [HAVELOCK] [AM1] 4 @ 0.24280002 = 0.9712 BTC [-] {3}
21:43 assbot [HAVELOCK] [AM1] 1 @ 0.2426 BTC [-]
21:44 assbot [HAVELOCK] [AM1] 2 @ 0.24252 = 0.485 BTC [-] {2}
21:49 assbot [MPEX] [S.MPOE] 10250 @ 0.0009044 = 9.2701 BTC [+] {2}
21:51 copumpkin MPOE is doing pretty well these days
~ 15 minutes ~
22:07 pankkake WIP: http://pastebin.com/9xxtby4f
22:07 assbot [HAVELOCK] [PETA] 60 @ 0.05 = 3 BTC
22:13 assbot [MPEX] [S.MPOE] 23504 @ 0.00090477 = 21.2657 BTC [+]
22:27 assbot [HAVELOCK] [PETA] 114 @ 0.05 = 5.7 BTC
22:28 assbot [MPEX] [S.MPOE] 35923 @ 0.00090026 = 32.34 BTC [-] {2}
22:29 assbot [HAVELOCK] [PETA] 10 @ 0.05 = 0.5 BTC
22:44 bloctoc copumpkin don't these people know that bbet has a bunch of bets expiring year end?
22:44 copumpkin I don't either :)
22:44 copumpkin what bets?
22:45 bloctoc not really sure myself, just got pumping I guesss
22:55 mircea_popescu what people ?
22:56 fiat500 what do you mean /you people/
22:57 mircea_popescu copumpkin it just had a bad month actually.
22:57 copumpkin yeah, I saw the latest report
22:57 copumpkin perhaps people are hopeful for the next month :)
22:59 mircea_popescu as it is shares don't really care.
23:00 copumpkin yeah, that's why I have shares :P
23:00 bloctoc I mean the people buying mpoe instead of bitbet shares at the year's end.
23:02 mircea_popescu that latest looks more like it was a sale
23:02 mircea_popescu anyway, im off. catch you all later.
23:05 assbot [HAVELOCK] [AM1] 1 @ 0.254 BTC [+]
23:16 assbot [MPEX] [S.MPOE] 17027 @ 0.00089812 = 15.2923 BTC [-]
~ 38 minutes ~
23:54 assbot [HAVELOCK] [AM1] 1 @ 0.246 BTC [-]
← 2013-12-13 | 2013-12-15 → ↑

Random(trilema) | Download hourly DB snapshot | Get Source Code

Theme: Light | Dark | System Default