Show Idle (>14 d.) Chans


← 2014-01-13 | 2014-01-15 →
00:00 asciilifeform 'A contract is essentially an automated agent that lives on the Ethereum network, has an Ethereum address and balance, and can send and receive transactions.'
00:00 asciilifeform did i miss something? where does it live? on a particular machine? or on every node running the block chain?
00:01 asciilifeform (if it's the former, this is deadly boring)
00:01 kakobrekla prolly as "the client"
00:04 asciilifeform the widespread obsession with 'memory-hard' workfunctions is peculiar
00:05 asciilifeform as if DRAM had never been invented
00:05 asciilifeform or it were somehow impossible to obtain cheaply
00:05 Duffer1 just a tactic to attract miners left out of the sha race
00:06 fract4l As a result, we have a protocol with unique potential; rather than being a closed-ended, single-purpose protocol intended for a specific array of applications in data storage, gambling or finance, Ethereum is open-ended by design, and we believe that it is extremely well-suited to serving as a foundational layer for a very large number of both financial and non-financial protocols in the years to come.
00:06 fract4l pwned.
00:06 fract4l Ethereum >> *
00:06 kakobrekla http://xkcd.com/927/
00:06 ozbot xkcd: Standards
00:07 asciilifeform how did this fellow miss the obvious usefulness of programmable workfunctions?
00:07 asciilifeform he 'went meta' on nearly everything else
00:07 asciilifeform but not this
00:09 BingoBoingo asciilifeform: Turing coin? That ultimate FPGA coin you've mentioned before.
00:09 asciilifeform one possible name, yes.
00:09 kakobrekla i think it could prove hard to lauch a sha coin nowdays, since a lot of people can fuck with the blockchain
00:09 kakobrekla on these small coins
00:09 asciilifeform the 'memory hard' people are what is known in the armchair general community as a 'target-rich environment.'
00:09 Duffer1 they'd bend your blockchain over and do terrible terrible things to it
00:11 asciilifeform the first joker who bothers to bake an scrypt asic will devour the altchains like smallpox devoured aboriginals
00:11 nubbins` ..with infected blankets?
00:11 asciilifeform or hell, even fpga with sdram controller
00:12 Duffer1 i hope that happens quickly, it'd be nice to see what devs come up with to counter 'scrypt asics'
00:13 asciilifeform anything short of programmable workfunction will lead to a cat'n'mouse game rather expensive and unproductively unpleasant for all involved.
00:14 asciilifeform at first glance, it would seem like the altchain devs could always outrun the asic folks
00:14 asciilifeform given that it costs nothing to spawn a new alt, with a new workfunction, while asics are costly
00:14 asciilifeform but this is a mistaken idea
00:14 asciilifeform every forced move of this kind is a 'schism event'
00:15 Duffer1 they'll still have to attract miners, and attempt to mitigate the effects of launch attacks/stability
00:16 asciilifeform and drives a wedge between user groups with conflicting interests (existing stakeholders want a difficult-to-mine coin, those who invested in miners want the miners to keep working)
00:16 Duffer1 how to evolve beyond cpu/mem intense functions?
00:16 asciilifeform hard to attract miners if you make total war on them when they start to succeed.
00:17 Duffer1 devs are only worried about their own coin though
00:17 Duffer1 so they have to attract miners somehow
00:17 Duffer1 it's a fascinating ecosystem
00:18 asciilifeform right now, panicking idiots are overwhelmingly incentivising covert mining.
00:18 asciilifeform that is, if you are a large miner, it is increasingly a bad idea to look like what you are
00:18 Duffer1 hehe
00:18 asciilifeform instead, buy ipv4 space, etc. the way spammers do.
00:21 asciilifeform prog. workfunctions would give you a single coin with multiple workfunctions ('coloured' by origin, if you like), and so the actual market value of a particular 'work' could be determined.
00:22 Duffer1 one coin with variable pow?
00:22 asciilifeform say, i want mr. moron's md5 hash 'cracked.' i offer to trade 10btc for 1000 moronhashcrackcoins.
00:22 asciilifeform the whole exercise takes place on the block chain.
00:23 Duffer1 oh
00:24 asciilifeform you, the worker, know that it is an honest trade, because you bring 100 moronhashcoins and get 1 btc, every step of the way, for arbitrarily small chunks.
00:24 asciilifeform (actually coughing up a workfunction that does useful work is left as an exercise for the alert reader.)
00:26 BingoBoingo X-Ray crystalography as a useful work function?
00:27 asciilifeform BingoBoingo: you're probably thinking of ab initio protein folding
00:27 asciilifeform x-ray crystallography is an actual physical measurement
00:27 asciilifeform but it's one way to solve the energy-minimal 'where should the atoms go' question, yes.
00:28 asciilifeform an altchain that *actually folds* would have no problem with wealth injection from the 'meatspace' universe
00:29 Duffer1 indeed
00:29 asciilifeform (vs. an idiotchain that merely promises with kind words to fund things)
00:29 Duffer1 curecoin
00:29 Duffer1 >.<
00:29 asciilifeform that'd be an example of the 'promises'
00:30 Duffer1 yea
00:31 assbot [HAVELOCK] [HMF] 9 @ 0.02696494 = 0.2427 BTC [-]
00:31 asciilifeform the problem with workfunctions that do something useful is that, unless the supply of such jobs naturally tapers off (all interesting proteins found in nature eventually 'folded')
00:31 asciilifeform you get an inflationary coin
00:32 BingoBoingo Well X-Ray crystallography is indeed a hard physical problem with varying and more expensive levels of difficulty. X-raying a mineral crystal isn't so bad. A given protein in fluid is a bit harder. Getting a good picture of a receptor protein as it sits in the cell membrane is an incredibly hard problem.
00:32 asciilifeform 'hard' isn't enough for the purpose of coin, you also need ease of verification.
00:37 asciilifeform the subtle thing here is that 'useful' workfuncts must coexist with 'useless' ones - ideally, in the same blockchain.
00:37 asciilifeform because they serve entirely different purposes
00:37 asciilifeform (one is to promote a certain calculation; the other - store of value.)
00:38 asciilifeform result at the end of the day should be to make it a hard fact that anyone who carries out the kind of calculation you want done, ends up with X btc for his trouble
00:39 asciilifeform (conventional btc)
00:39 Duffer1 asciicoin inc?
00:39 asciilifeform Duffer1: in case this wasn't obvious, this is not a product that threatens to actually exist.
00:39 Duffer1 lol i am aware :P
00:40 asciilifeform and were it to exist, i'd have no part of it (otherwise occupied.)
00:49 assbot [MPEX] [S.MPOE] 35031 @ 0.0008455 = 29.6187 BTC [-]
00:52 KRS1 yes as Duffer1 said fascinating ecosystem
00:56 asciilifeform at the risk of repeating myself: 'moronhashcrackcoin' or 'foldprotein1B41coin' only has value to whoever commissioned that calculation.
00:56 asciilifeform the person who carries it out will expect to be paid in something that is actually a stable store of value
00:56 asciilifeform (coin with 'useless' workfunction, difficulty rampup, all the things we know and love)
00:57 Duffer1 perceived utility beyond energy wasting will drive popularity and coin value
00:57 Duffer1 xpm is great example
00:58 asciilifeform if this were really so, 'curecoin' and the like would be great hits.
00:58 asciilifeform but even with a coin that provably represents useful work: why should someone give you gold or cocaine because you helped fold a protein?
00:59 Duffer1 meh their pow doesn't actually do anything
00:59 asciilifeform unless they in particular wished it folded
00:59 Duffer1 the perception is obviously that utility will drive adoption and popularity and value
00:59 asciilifeform from the 'store of value' point of view, they expect that they can get a similar quantity of g or c or whatnot for the coin later.
01:00 asciilifeform as far as i can tell (by no means an expert view), the thing that mainly drives adoption of classic btc is precisely reliability-as-store-of-value.
01:01 Duffer1 it's different with alts though, since they're all tied to how many bitcoins can i get for my shitcoin
01:02 asciilifeform alts as the presently exist seem like a modernized version of 'penny stocks'
01:02 Duffer1 indeed, but with the potential to rapidly become something else
01:02 asciilifeform scammers scam, and people who think themselves more clever than the scammer try to ride along
01:04 Duffer1 the right pow can change everything
01:05 asciilifeform then, of course, is the other end of this spectrum:
01:05 asciilifeform slavecoin.
01:05 asciilifeform 'pow' based on proving that you wasted the time of living people, vs. mere machines.
01:06 KRS1 reading this conversation vs gmaxwell's conversation in -pricetalk is hurting my brain a little.
01:06 KRS1 you both had me glued
01:07 Duffer1 ascii knows far more about this than i do, i'm just going off what i've observed from the primecoin example
01:07 asciilifeform crackpot hypothesis: every new cryptocoin can be seem as an attempt to 'replay' the history of money
01:08 asciilifeform with (optionally) 'different winners'
01:08 asciilifeform which 'winners' are optimized for, determines whether you get a turd (known alts) or something interesting ('classic' btc)
01:08 asciilifeform *seen
01:09 Duffer1 i wouldn't call that crackpot at all
01:11 Duffer1 but i see evolution there as well
01:11 KRS1 primecoin is very interesting to me
01:11 KRS1 imo the only altcoin that might have value besides nmc
01:12 KRS1 but then again asciilifeform showed me how it too is worthless
01:12 asciilifeform isn't that where they had nominally 'unspendable' reserves that got spent?
01:12 truffles coinyecoin is best noob
01:12 Duffer1 all hail the brilliance of those devs
01:13 KRS1 no ipo for coinecoin and has no dogelike meme
01:14 asciilifeform you can cut any 'weirdo' alt into two kinds of parts: actual mechanical parts - what will continue to work in just the algorithmic way specified, by 'byzantine' consensus of the participant nodes; and 'promises' - parts that depend on a handful of human doing as they promised
01:14 asciilifeform the former is concrete and steel, the latter - 'duct tape.'
01:15 asciilifeform btc is heavy on the concrete and steel; 'curecoin' (for example) is mostly tape.
01:15 Duffer1 indeed
01:15 asciilifeform concrete/steel have breaking points, specified strength
01:15 Duffer1 what would you say of primecoin though?
01:16 asciilifeform tape holds until it doesn't (yes, actual duct tape is a material that can be dealt with scientifically; we're thinking of the traditional 'philosophical' duct tape that just fscking snaps on you)
01:17 asciilifeform i vaguely recall primecoin having its public goatfuck moment
01:17 asciilifeform but, to be honest, i'm not the one to ask
01:17 asciilifeform i don't really keep track of the 'scene', and in fact ended up in this channel entirely by accident!
01:18 Duffer1 :P
01:18 truffles some1 spammed this chanel in btc otc :(
01:19 Duffer1 otc gives me seizures
01:19 truffles i wonder if im still banned :D
01:28 assbot [HAVELOCK] [AM100] 94 @ 0.00534796 = 0.5027 BTC [-]
01:30 assbot [HAVELOCK] [AM1] 5 @ 0.54 = 2.7 BTC [-] {2}
01:32 assbot [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
01:32 assbot [HAVELOCK] [HMF] 6 @ 0.02696494 = 0.1618 BTC [-]
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01:57 assbot [HAVELOCK] [HMF] 5 @ 0.02696494 = 0.1348 BTC [-]
~ 19 minutes ~
02:16 assbot [HAVELOCK] [AM1] 2 @ 0.55439999 = 1.1088 BTC [+] {2}
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02:59 mircea_popescu https://bitcointalk.org/index.php?topic=173316.msg3982119#msg3982119
02:59 ozbot Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin
02:59 mircea_popescu epic shit
~ 23 minutes ~
03:23 assbot [HAVELOCK] [PETA] 40 @ 0.0499997 = 2 BTC [-]
03:32 mircea_popescu ;;ticker
03:33 gribble MtGox BTCUSD ticker | Best bid: 938.82312, Best ask: 939.995, Bid-ask spread: 1.17188, Last trade: 939.89999, 24 hour volume: 8078.57644668, 24 hour low: 880.11, 24 hour high: 943.0, 24 hour vwap: 910.90486
03:33 mircea_popescu ahh look at that. will we be blessed so that 2014 is the year of bitcoin stability ?
03:33 mircea_popescu .d
03:33 ozbot 1789546951.05324 | Next Diff in 1813 blocks | Estimated Change: 16.8054% in 10d 11h 6m 5s
03:33 davout bitcoin has always been stable
03:34 davout 1 BTC = 1 BTC since Jan. 3 2009
03:34 mircea_popescu hehehe
03:34 mircea_popescu ok ok, my bad. will the us be blessed with the year of usd stability ?
03:48 twizt anyone know if these are any good
03:48 twizt http://www.redbooks.ibm.com/abstracts/tips0850.html
03:48 ozbot IBM Redbooks | IBM System x3650 M4
03:51 mircea_popescu never used one myself.
03:51 twizt what do you think tho?
03:52 twizt my ex-job has 5 more of these
03:52 twizt i feel like taking em lol
03:55 mircea_popescu well... free stuff, why not
03:55 twizt nah actuall not free
03:56 twizt $750 for all 5
03:56 mircea_popescu prolly about what they're worth
03:56 twizt worth about 2k each
03:57 mircea_popescu these are used neh ?
03:58 twizt yea have all harddrive slots
03:58 twizt the solid state drives them selves are gold
03:59 mircea_popescu so then what's the problem ?
03:59 twizt im being lazy
03:59 twizt gotta hire some mexicans to go pick em up
04:02 Vexual you'll be able to run 5 bitcoin nodes in december
04:03 twizt haha y december
04:05 Vexual 100mb blocks and shit
04:06 twizt ah gotcha
04:09 truffles vexual whats for dinner today?
04:09 Vexual fish!
04:10 assbot [MPEX] [S.MPOE] 21865 @ 0.00084723 = 18.5247 BTC [+] {2}
04:11 truffles dont have any of that
04:11 truffles guess ill try for toco's night
04:11 Vexual todays fish is trout al la creme
04:12 truffles self made or ?
04:14 Vexual yes i am not rich enought to reasturant constantly
04:14 truffles bitcoin milliionaires everywhere
04:15 Vexual indeed
04:16 truffles but not all asses, its strange
04:16 Vexual assets?
04:16 truffles massive egos
04:17 Vexual oh yes
04:17 assbot [HAVELOCK] [HMF] 24 @ 0.02696494 = 0.6472 BTC [+] {4}
04:18 truffles i wonder if ppl those ppl with complaints of me doing "something useful" r upset about all the lines theyre forced to read :D
04:18 assbot [HAVELOCK] [DEALCO] 39 @ 0.00375076 = 0.1463 BTC [+] {3}
04:18 truffles cuz obv every1 seems to read logs around here
04:19 Vexual do yo udo anything useful?
04:19 truffles i dunno, i exist though
04:19 assbot [HAVELOCK] [DEALCO] 127 @ 0.00381244 = 0.4842 BTC [+] {2}
04:19 truffles do u?
04:20 assbot [HAVELOCK] [DEALCO] 34 @ 0.00387999 = 0.1319 BTC [+] {2}
04:21 mircea_popescu bare existence is not useful.
04:21 mircea_popescu and yes, that's why you end up on ignore lists, cause you yak unimportantly.
04:22 truffles u only read important things eh
04:22 truffles if i shift through that blog will that be the case?
04:22 mircea_popescu i read lots of shit really. but that's what makes me so unique.
04:23 truffles orly
04:23 mircea_popescu most people equally powerful you can't ever talk to.
04:23 truffles being an ass isnt unique though
04:23 mircea_popescu here's the problem with the world : it's what it is, not what;d be convenient for your own head it be.
04:23 truffles define powerful
04:24 assbot [MPEX] [S.MPOE] 3685 @ 0.00085133 = 3.1372 BTC [+]
04:24 Vexual the ability to effect change
04:24 mircea_popescu you know, he who can do things.
04:24 truffles like a mod?
04:24 Vexual no like yourself first
04:25 truffles there are ppl who view themselves as more significant than others i get that
04:25 mircea_popescu no, like thoth, the original billionaire and congressman rolled into one
04:26 truffles billionaires can die too
04:26 mircea_popescu gods can die too. that's not really all that relevant now is it.
04:27 truffles well im of the monotheist
04:27 mircea_popescu even marginal jewish sects imported the dead god trope.
04:28 truffles im also agnostic so..
04:29 mircea_popescu you're generally a lazy fuckwit that imagines he can redefine things in his head and that'll matter. it doesn't, obviously, but what difference does it make.
04:29 truffles oh so u know me personally now
04:29 mircea_popescu it's not hard to do.
04:30 truffles orly
04:30 mircea_popescu incidentally, that's one symptom of the unimportant : they may think they're personal, but in point of fact they're impersonal and universally so. even things they do in private are really quite impersonal.
04:30 mircea_popescu i guess the term for it is commonplace or banal.
04:31 mircea_popescu anyway : it's not that i know you personally. it's that knowing you implies no personal anything.
04:31 truffles hmmm
04:31 mircea_popescu admire how this chatlog suddenly became readable, even interesting.
04:31 mircea_popescu now you have an example of what powerful means.
04:31 truffles i dont know where to begin with that heh
04:32 mircea_popescu yw.
04:33 truffles the delusion is so high i dunno
04:35 twizt lol
04:38 Vexual woth thoth won five days of light from the moon, what at player
04:39 Vexual for want of a btter desciptor
04:39 truffles well that was a surprise, i figured every1 was atheist
04:42 jurov http://www.bitcointrust.co/about-bitcoin/bitcoin-ecosystem-snapshot/ guess who they omitted
04:42 truffles vexual hope u dont have such a high opinion of urself
04:43 Vexual theres no big m for starters
04:43 truffles very influential
04:44 Vexual no havelock
04:44 twizt lol
04:45 Vexual no kraken
04:45 twizt damn icbit made it there
04:45 jurov kraken is there, under forex :D
04:45 Vexual oh there is kraken
04:46 twizt lol weexchange made it there
04:46 twizt wtf
04:46 mircea_popescu jesus that thing's giving me a migraine it's so busy
04:46 mircea_popescu anyway, mtgox ?
04:46 Vexual itd be interesting to highlight the logos over time of existance
04:47 davout inputs.io made it to wallets
04:47 mircea_popescu lol coinlenders
04:48 mircea_popescu http://www.gcasavvian.com/ << "experience relationships advice" ?
04:48 ozbot GCA Savvian - Home
04:48 mircea_popescu who the f are these muppets ?
04:48 mircea_popescu Dec 29 2013Notice regarding successful partial exit by Mezzanine Corporation(Dec 30, 2013)
04:49 mircea_popescu sounds darling, perhaps they make the move out of dating & relationship advice by ditching the pdf bs.
04:49 jurov jon matonis
04:50 mircea_popescu "Mezzanine Corporation (Head Office: Chuo‐ku, Tokyo; Representative Director: Koji Sasayama),
04:50 mircea_popescu a wholly‐owned subsidiary of GCA Savvian Corporation, has succeeded in the partial exit of 1.3 billion yen of preferred stock by its investment business limited partnership."
04:50 mircea_popescu ok that conversion was worth doing
04:50 Vexual some logos are illegible, i hope they didn't pay too much
04:50 mircea_popescu people using terms of art as if they were hired hookers these days.
04:51 mircea_popescu jurov matonis is actually a native english speaker afaik. is this some sort of "we're going to namedrop" relationship where his involvement is having sometime commented on them or something and now they're running with it ?
04:52 jurov likely, he's among three named as "advisory board"
04:52 jurov no other presons are named there
04:52 jurov (speaking about bitcointrust.co)
04:53 Vexual is he the labcoin guy?
04:54 mircea_popescu Vexual no, he's an old time advocate and the original guy with a press job that did bitcoin some fair reporting
04:54 mircea_popescu meanwhile got kicked out of the bitcoin scamdation (which he foolishly helped create) by the sort of backroom politicking vessenes lives for.
04:55 assbot [HAVELOCK] [AM1] 5 @ 0.53964 = 2.6982 BTC [-] {3}
04:55 Vexual fuck trying to read bitcoin history is like trying to download the bloackchain with a 286 and bandicoot powered internet
04:55 mircea_popescu if i recall he was "not notable" enough or something of the sort, being of course the only one in the entire list who actually had some sort of cred.
04:58 assbot [HAVELOCK] [AM1] 3 @ 0.53453333 = 1.6036 BTC [-] {2}
04:58 davout isn't he chair of the foundation or sthg?
04:59 assbot [HAVELOCK] [AM1] 1 @ 0.531 BTC [-]
05:03 Vexual i bet i could get into the aussie chapter, it'd take em 6 months to realise I don't acutally do C++
05:04 assbot [HAVELOCK] [AM1] 1 @ 0.55489997 BTC [+]
05:09 truffles cuz ure that good at faking it
05:09 Vexual aussie
05:10 assbot [HAVELOCK] [SFI] 2000 @ 0.001 = 2 BTC [+]
05:11 Vexual notice how our banks arent imploding
05:11 truffles yet :D
05:12 Vexual lady bullshit is state of the art here
05:14 Vexual get some aussie into washington and theres no problem
05:16 Vexual we can GE a sheep with 10 micron wool for mr armani, or dig up metal, so we're pretty solid
05:18 assbot [HAVELOCK] [MS] 50 @ 0.005 = 0.25 BTC
05:22 mircea_popescu lol @this case before the us supreme court. so obama declares the senate in recess cause he feels like, makes a bunch of recess appointments
05:23 Vexual off to barbados?
05:23 mircea_popescu now the supreme court has somehow to extricate itself from this mess.
05:23 Vexual link?
05:23 mircea_popescu http://firstread.nbcnews.com/_news/2014/01/13/22290595-court-appears-ready-to-nix-recess-appointment-power?lite
05:23 ozbot Court appears ready to nix recess appointment power - First Read
05:25 truffles is romania insignificant or is its politics on the blog?
05:27 Vexual romania isnt the worlds bank
05:27 Vexual [19:24] <truffles> not yet
05:28 truffles :D
05:31 Vexual mircea, are you a lawyer?
05:33 mircea_popescu nope
05:33 truffles wouldve been shocked
05:33 mircea_popescu truffles there's some romanian politics on trilema, mostly under "politica si prostie"
05:34 truffles just wondering, seems finance ppl r forced to talk about the US
05:35 Vexual what did you study at university? if you don't mind me asking?
05:35 mircea_popescu i have degrees in philosophy and anthropology.
05:35 Vexual did you study commerce too?
05:35 truffles that is shocking
05:36 mircea_popescu arguably being romanian they're actually worth something, unlike their us counterparts
05:36 mircea_popescu but nevertheless, that something isn't much at all.
05:36 Vexual you learned computer science by yourself too?
05:36 VanCleef oh good something original mp talking about how awesome he is
05:37 mircea_popescu VanCleef dude don't be a hater, he asked me. what am i to do ?
05:37 VanCleef lol
05:37 truffles lmao
05:37 mircea_popescu Vexual no, i mostly learned that by managing people who did it for a living.
05:37 VanCleef you know i love you
05:37 truffles managing hmmm
05:38 truffles for a philosophy student ur world views so narrow dam dude
05:38 VanCleef money changed him
05:38 mircea_popescu narrow compared to what ?
05:38 Vexual can you read sanscrit?
05:38 mircea_popescu not without my books.
05:38 truffles money seems to change ppl, but i suspect not him heh
05:39 Vexual he could be in st kitts being an arsehole
05:40 mircea_popescu truffles http://trilema.com/2013/a-very-unfair-perspective/ there, read that, save yourself a lot of effort trying to argue that somehow the very narrow "we're all equal and we fight inequality derp" worldview is somehow less narrow than any.other.possible.worldview.
05:40 VanCleef he use to go around helping homeless people and even gave a kidney to his best friend
05:40 truffles i dont like reading ur blog, it seems u dont put much effort into the grammar
05:40 assbot Last 1 lines bashed and pending review. (http://dpaste.com/1550641/plain/)
05:40 mircea_popescu !b 1
05:40 Vexual i don't think he'd give away a kidney, it might be a drain on the economy
05:41 mircea_popescu fucking epic.
05:41 truffles tis
05:41 VanCleef now he just rides in his jetski in his bathtub made out of diamonds and his pet dolphin
05:41 mircea_popescu VanCleef i only help homeless people if they're female, kinda young, kinda cute and really, really into it.
05:41 Vexual he wouldn't ride a jetski unless his crew designed it
05:41 truffles ur flow of thought often seems disconnected, i dont usually get it
05:42 mircea_popescu truffles that's not what grammar means.
05:42 truffles + the bad grammar
05:42 VanCleef "you look cock fasmished, let me help you"
05:43 truffles but u know i did ask, so let me attempt
05:43 mircea_popescu that wouldn't be very practical. i can only get it up what, a few times a day ?
05:43 mircea_popescu lot more homeless than that around.
05:44 VanCleef since you bought all their houses ya
05:44 truffles id so own at monopoly though
05:44 mircea_popescu thanks to all the inequality fightin', bout one in ten us folk are homeless, one in three yurepan kids are unemployed or unemployable and so on.
05:44 VanCleef excellent
05:44 VanCleef they deserve it
05:45 Vexual ever been hungry vancleef?
05:45 VanCleef no poor people are ew
05:46 VanCleef i eat zebras for dinner
05:46 VanCleef i'm rich
05:46 Vexual pharoahs fed people
05:46 mircea_popescu well they also banged their sisters
05:46 VanCleef not as rich as MP tho who could buy and sell your family 10 times over
05:47 mircea_popescu ;;google sell me your children
05:47 gribble blues brothers - sell me your children - YouTube: <http://www.youtube.com/watch?v=mvZgwtpPmLY>; Blues Brothers - Sell me your children - YouTube: <http://www.youtube.com/watch?v=DbsMZecRgbI>; How much for the little girl? - YouTube: <http://www.youtube.com/watch?v=GDXYzUlv0S8>
05:47 Vexual yeah and when there was nothing to do they built pyramids
05:47 VanCleef can i ask a serious question
05:47 VanCleef have you ever been in love mp?
05:48 mircea_popescu all teh time.
05:48 VanCleef its a good feeling to have
05:48 mircea_popescu why so possesive :D
05:49 VanCleef are you in love at the moment?
05:49 truffles with himself prob
05:50 VanCleef lol
05:50 VanCleef if i was mp id jerk off to myself in front of the mirror too
05:50 truffles orly
05:51 VanCleef wouldn't u?
05:51 mircea_popescu sure dude. i love my slavegirls jus' fine.
05:51 truffles no
05:51 KRS1 Mmmm
05:51 mircea_popescu and also my country, teh most serene republic of bitcoin.
05:51 KRS1 .bait
05:51 ozbot http://25.media.tumblr.com/tumblr_m69xvzwo2Y1qc3ldvo1_500.jpg
05:51 VanCleef nah that's not love mp
05:51 VanCleef think back when you were 15
05:51 mircea_popescu how would you know what's love and what isn't ?
05:51 VanCleef your first crush
05:51 VanCleef do you remember that feeling?
05:51 KRS1 .bait
05:51 ozbot http://25.media.tumblr.com/tumblr_m6je1sqWkq1r1mbgqo1_1280.jpg
05:52 mircea_popescu yes, well, when you were three you probably ate your own shit, too.
05:52 mircea_popescu does that mean yo ucan't be a gourmet chef ?
05:52 truffles i managed to get to sentence 2 , so basically u hate empathy?
05:52 VanCleef so you've never felt real love before mp?
05:52 ArsKisS VanCleef, what first crush? no girl can crush me
05:53 mircea_popescu truffles nope. i dislike the sort of lazy fuckwit who imagines magic works. which is what you're trying to do with "Empathy" and this guy is trying to do with "twu wuv", create some sort of magical amulet that'll save you from having to, you know, live.
05:53 truffles a world where every1 just takes
05:53 VanCleef i hope its something you get to experience oneday
05:53 VanCleef its a really good feeling
05:53 mircea_popescu me living your preconceived notion ? i have no doubt it'd be a good feeling, only problem is
05:53 truffles i believe in moderation, i dont recognize that view ure posing
05:53 mircea_popescu it;s supposed to be a good feeling for me, not for you.
05:53 VanCleef just open your heart oneday mp
05:54 VanCleef you might enjoy it
05:54 mircea_popescu you're trippin all over a strawman.
05:55 VanCleef just promise me you'll keep an open mind and when the time is right a open heart?
05:55 truffles an open heart for love?
05:55 VanCleef i dont want the sickness to completely take over that sweet young man i use to know before all this bitcoin stuff
05:56 mircea_popescu im starting to understand why romantic comedies sell so well. they really managed to create their own captive market huh.
05:56 truffles why r u wanting him to find love now
05:56 VanCleef he's not ready
05:57 truffles pm him ur fandom
05:57 truffles u could be the one
05:57 VanCleef its not all about money
05:58 VanCleef sometimes we just want someone to hug
05:58 VanCleef and i feel mp's pain
05:58 truffles 0.0
05:58 VanCleef so i just hope he finds someone to truely love oneday
05:58 truffles so ure his childhood friend from romania?
06:03 truffles guess not
06:03 assbot [HAVELOCK] [AM100] 30 @ 0.00529999 = 0.159 BTC [-]
06:10 mircea_popescu BingoBoingo how's county jail ?
06:14 assbot [MPEX] [S.MPOE] 30200 @ 0.0008449 = 25.516 BTC [-] {2}
06:21 wao-ender http://conferencecall.biz/
06:21 ozbot ConferenceCall.biz
06:23 Vexual http://vimeo.com/61341838
06:23 ozbot Bob Dylan - Isis (1976) on Vimeo
06:24 truffles No man is an island, entire of itself; every man is a piece of the continent, a part of the main. If a clod be washed away by the sea, Europe is the less, as well as if promontory were, as well as if a manor of thy friend's or of thine own were. Any man's death diminishes me, because I am involved in mankind; and therefore never send to know for whom the bell tolls; it tolls for thee.
06:25 Vexual my cigarette packet tells me australia is the smallest continent
06:28 truffles why not look for quotes like that talking about empathy
06:28 truffles bob dylans voice i dont like too much
06:30 mircea_popescu truffles you know donne was mostly a satirist.
06:31 mircea_popescu methinks you've been had.
06:31 truffles he was a monk
06:31 truffles that was hemmingway?
06:31 truffles quote
06:32 mircea_popescu no you illiterate lout, that was not hemingway.
06:32 truffles no man is an island donne ya
06:32 mircea_popescu the world existed before your shitty republic was founded five minutes ago
06:33 Vexual http://www.youtube.com/watch?v=mzTM7HMn0R4
06:33 ozbot jimi hendrix if 6 were 9 (rara avis version) - YouTube
06:33 mircea_popescu and the world will exist just fine long after we won't even remember your shitty republic ever was
06:33 mircea_popescu five minutes hence.
06:33 truffles ;;google lout
06:33 gribble Lout - Definition and More from the Free Merriam-Webster Dictionary: <http://www.merriam-webster.com/dictionary/lout>; lout - definition of lout by the Free Online Dictionary, Thesaurus and ...: <http://www.thefreedictionary.com/lout>; Lout (software) - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Lout_(software)>
06:33 truffles sure im pretty aggro
06:34 Vexual its all the female hormone
06:34 Vexual full lunar
06:36 truffles il·lit·er·ate a person who is unable to read or write.
06:36 truffles hmm i think we need to learn english
06:37 truffles at least english vocabulary
06:38 mircea_popescu being able to read or write doesn't make you literate any more than being able to css makes you a programmer.
06:38 truffles if u want to change the meaning of predefined words go ahead
06:38 Vexual im defo gonna buy that old italian storybook now i hear there is a newtranslation
06:38 mircea_popescu i'm not changing it. i'm simply not acquiescing to the change you propose.
06:39 truffles it is the incorrect word
06:39 mircea_popescu herpderp.
06:39 Vexual flange
06:39 mircea_popescu ;;google literate
06:39 gribble Literate - Merriam-Webster Online: <http://www.merriam-webster.com/dictionary/literate>; Literacy - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Literacy>; Literate programming - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Literate_programming>
06:40 mircea_popescu look at the beauty of that, literate means educated, illiterate means "unable to read and write and strictly that".
06:40 mircea_popescu how fascinating the world of ephemerides, seriously now.
06:41 truffles which meaning are u trying to go for then
06:41 truffles 2?
06:41 truffles cuz google says its hemmingway
06:41 Vexual http://www.youtube.com/watch?v=Jgncwm9cMio
06:41 ozbot CW Stoneking - Jungle Blues - YouTube
06:41 mircea_popescu yes, well, google is probably able to read and write too, these days.
06:42 mircea_popescu making it a paragon of contemporary literacy.
06:42 mircea_popescu doesn't understand jack shit it's saying, but that's not part of the scoring card anymore.
06:42 truffles "no man is an island" is by john donne
06:42 Vexual 5-10,000 years huh mp?
06:43 truffles i was going to use his quote but that hemingway version was better
06:43 Vexual im jealous, i don't rememebr what happened last week
06:45 Vexual how did a pharoah think?
06:45 truffles theyre all dead
06:46 truffles and tombs got raided on top of it
06:46 truffles devine justice
06:47 Vexual i dont think most arceaologists interested in egypt could answer that with any certainty
06:48 truffles they went into hiding ?
06:49 Vexual its not all eyeshadow and pussy, ill asure you that
06:50 Vexual http://vimeo.com/30567004
06:50 ozbot Maroon 5 - Moves Like Jagger on Vimeo
06:50 truffles good soon
06:51 truffles song*
06:51 Vexual yeah you're not authorised to drink
06:51 truffles ha
06:54 truffles Donne argued that it was better to examine carefully one's religious convictions than blindly to follow any established tradition, for none would be saved at the Final Judgment, by claiming "A Harry, or a Martin taught [them] this."
06:55 assbot [HAVELOCK] [AM1] 1 @ 0.54 BTC [-]
06:55 truffles "His images of sickness, vomit, manure, and plague reflected his strongly satiric view of a world populated by all the fools and knaves of England."
06:56 truffles i see no contradiction with the "no man is an island"
06:57 Vexual http://vimeo.com/34111524
06:57 ozbot Auld Lang Syne || Lea Michele on Vimeo
06:57 truffles i see the quote about the bell tolls, but the wording is different ldo
06:59 truffles vexual u dont like utube anymore?
06:59 Vexual anything google runs unusually slow for me
07:01 truffles vimeo is slow for me so standard
07:02 truffles did u understand the words she sang?
07:02 truffles so muffled
07:03 Vexual http://www.youtube.com/watch?v=0RPkJeziNyI
07:03 ozbot Bob Dylan - Thunder On The Mountain - YouTube
07:03 Vexual "better roll your aeroplane down"
07:03 truffles http://www.youtube.com/watch?v=H-KhJmh074A
07:03 ozbot Lea Michele - Cannonball - YouTube
07:05 truffles is that jizz on his face :D
07:06 Vexual cocaine, twas the 80s
07:07 Vexual http://www.youtube.com/watch?v=6PHOeXIPNZE
07:07 ozbot new york alicia keys - YouTube
07:07 truffles i only like the chorus for that
07:09 truffles oh nm tis is the one without jz
07:11 Diablo-D3 heh
07:11 Vexual ?
07:11 truffles is that towards me
07:12 truffles ????
07:14 Vexual http://www.youtube.com/watch?v=dL3b9_PO0Pw full moon?
07:14 ozbot QUEEN IFRICA / Lioness on the Rise - YouTube
07:15 truffles http://www.youtube.com/watch?v=TJAfLE39ZZ8 related link
07:15 ozbot Amy Winehouse - Back To Black - YouTube
07:19 Vexual http://www.youtube.com/watch?v=h1TQRJWLZ3s lovew a bit of amy
07:19 ozbot Amy Winehouse - Back To Black (Live Acoustic) - YouTube
07:19 truffles lioness on teh rise not bad
07:19 Vexual i would fuck her if she was alive
07:19 truffles u have a type :D
07:20 Vexual check you secktor fool
07:20 truffles ive never had a type, i feel lucky
07:22 assbot [MPEX] [S.MPOE] 7798 @ 0.00084945 = 6.624 BTC [+]
07:23 truffles http://www.youtube.com/watch?v=b-I2s5zRbHg
07:23 ozbot Amy Winehouse - You Know I'm No Good - YouTube
07:24 Vexual http://www.youtube.com/watch?v=9FwL_huvYjQ 5 days off oyur moon cunt
07:24 ozbot Melissa Etheridge - Piece of my heart - YouTube
07:27 assbot [HAVELOCK] [DEALCO] 40 @ 0.00388 = 0.1552 BTC [+]
07:27 truffles cant stay connected Diablo-D3?
07:27 Diablo-D3 xchat scrambled config
07:27 Diablo-D3 so Ive been resetting it
07:28 truffles maybe get the stable mirc :D
07:29 truffles why is she barefoot on stage
07:29 Vexual hippy
07:29 truffles posers
07:30 Vexual nope its real
07:30 truffles but i love her voice
07:30 Vexual she doesnt need shoes or pubes
07:30 truffles im talking about joss stone
07:30 Vexual http://www.youtube.com/watch?v=D4iKbcjt43k
07:30 ozbot Joss Stone - "The High Road" LIVE Studio Session - YouTube
07:30 Vexual yeah
07:31 truffles oh no
07:31 truffles she's got poshness
07:31 truffles :(
07:31 Vexual she learnened soul at voice school
07:32 truffles ill try to avoid hearing her speak, she was a good student if she learned that at skool
07:32 Vexual she obviously had a particular aptitude
07:36 truffles to convince some1 to go to her concert stead of metallica hmmm
07:37 Vexual her hair is nicer
07:37 Vexual http://www.youtube.com/watch?v=TAO9EFY0Fm4 also london mist
07:37 ozbot Lady Sovereign - So Human - YouTube
07:40 truffles not sure if like
07:40 Vexual thats the idea
07:40 truffles music must take u somewhere imo
07:40 Vexual works better when you know shes abig ol lezzo
07:41 truffles not for me
07:42 Vexual you're a mupet
07:42 truffles u mad
07:43 Vexual http://www.youtube.com/watch?v=BBsazIACpYM
07:43 ozbot Stone Roses - Fools Gold(Full Version) - YouTube
07:44 Vexual handy on the skins
07:44 truffles this is the beginning of decline for todays links isnt it
07:45 Vexual sure
07:49 Vexual kids are being born after bitcoin
07:50 Vexual http://www.youtube.com/watch?v=oOh6wb9l00g
07:50 ozbot Thrift Shop Featuring Wanz - Macklemore and Ryan - Full with Lyrics (HD) - YouTube
07:51 Vexual jurov if youve got youy hearing aid in this is outta time
07:52 mircea_popescu asciilifeform:
07:52 mircea_popescu anything short of programmable workfunction will lead to a cat'n'mouse game rather expensive and unproductively unpleasant for all involved. << i think you underestimate the prevalence of masochists in the bdsmitcoin community.
07:56 Vexual http://www.youtube.com/watch?v=KA0TS9l_nJE
07:56 ozbot Animaniacs Intro - YouTube
07:56 jurov heh, reading that scrollback.. got an idea that maybe specifying sat solver itself as work function could work
07:57 mircea_popescu jurov what, like recursxively ?
07:57 jurov then one would spend coins to specify desired input to be combputed by solver
07:57 Vexual http://www.youtube.com/watch?v=EZSXjcOo2IA
07:57 ozbot Raketu - Sody Pop - YouTube
08:01 jurov so, i'd broadcast a special transaction "whoever sat-solves this input will get these coins"
08:01 jurov and miners would decide if they want to do it
08:02 jurov once solved, it will be verifiable easily
08:03 mircea_popescu but why stop there. make doom coin : the proof of work is sat-proving the actual coin codebase. all of it. including the pow part.
08:03 mircea_popescu once a block ticks we know the world has just ended
08:04 jurov yes, but you still need to break the problem into small parts for mining
08:04 jurov to keep the spice flowing :)
08:05 jurov and splitting the proof of whole codebase to manageable chunks might not be possible
08:05 Vexual describing captcha?
08:07 Vexual ignore me
08:09 mircea_popescu jurov well that's why it's doomcoin. there can only be one.
08:11 mircea_popescu https://bitcointalk.org/index.php?topic=364485.msg4505144#msg4505144 << for a quick lol, before the muppets wipe it.
08:11 ozbot Neo EasyCoin Official - Buy BTC With Cash [UK,USA,Russia,Denmark,Sweden,Norway]
08:11 mircea_popescu post #42, the answer to the big questions of life and everything else.
08:11 jurov doomcoin would be like... postmined coin :)
08:12 mircea_popescu ehehe
08:21 Vexual is not firedcat gonna allow trading of his company witht the last three digits on the blockchain?
08:21 KRS1 .bait
08:21 ozbot http://31.media.tumblr.com/1c63981abca7cf44508a4115453c5a2b/tumblr_muo33pRvEr1rc7iabo1_400.gif
08:22 KRS1 ho siht
08:22 Vexual or does friedcat have a little vex in him?
08:23 Vexual i call flange
08:24 Vexual http://www.dailymotion.com/video/xnvz25_nicki-minaj-stupid-hoe-explicit_music
08:24 ozbot Nicki Minaj - Stupid Hoe (Explicit) - Video Dailymotion
08:26 KRS1 HAH thats a good one! It's 0826 AM here and I'm blasting this song
08:26 assbot [MPEX] [S.MPOE] 23199 @ 0.00085031 = 19.7263 BTC [+] {2}
08:27 KRS1 omg that ASS
08:27 Vexual sheck speical alice on yfreecams
08:28 Vexual very illegal
08:28 KRS1 i cant pull that up then
08:28 KRS1 oh thats the title
08:28 Vexual dont she wont want a tatoo
08:30 KRS1 No Matches by Name
08:30 Vexual imay have made it up
08:30 KRS1 =/
08:31 Vexual ¬/
08:31 KRS1 wtf is up with BBW..who the fuck wants to see all that fat
08:32 Vexual theres no accounting for taste or other humans
08:35 Vexual http://www.youtube.com/watch?v=BWP-AsG5DRk
08:35 ozbot The Bangles Walk Like An Egyptian - YouTube
08:39 Vexual http://www.youtube.com/watch?v=pl3vxEudif8
08:39 ozbot david bowie - changes - YouTube
08:43 Vexual http://www.youtube.com/watch?v=NIH_xsOfUTk
08:43 ozbot Primal Scream perform It's Alright It's OK - live session - YouTube
08:49 SNone could someone give some pointers
08:49 Vexual north brah
08:50 Vexual if thats where youre headed
08:51 Vexual http://www.youtube.com/watch?v=QQBttKoetqo
08:51 ozbot paranoid black sabbath (lyrics included) - YouTube
08:52 Vexual what do you want to know SNone?
08:55 Vexual if you're mininging kanye west coin you need to add --scrypt
08:55 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
08:56 KRS1 Vexual ya played the wrong one cunt
08:56 KRS1 http://www.youtube.com/watch?v=O9kuNMdUq_0
08:56 ozbot DAVID BOWIE - FAME [HQ] - YouTube
08:56 KRS1 Thats my shit right there. 70's disco, cocaine, yeah.
08:57 Vexual thats on the desert island ipod
08:57 Vexual miami business
08:58 KRS1 yea
08:58 KRS1 i need some coffee cant get started right this morning
08:58 KRS1 bbiaf
09:01 Vexual http://www.dailymotion.com/video/xa3y6p_dizzee-rascal-holiday_music
09:01 ozbot Dizzee Rascal Holiday - Video Dailymotion
09:03 assbot [HAVELOCK] [PETA] 5 @ 0.04920201 = 0.246 BTC [-]
09:04 assbot [HAVELOCK] [MS] 65 @ 0.005 = 0.325 BTC {2}
09:06 Vexual http://www.youtube.com/watch?v=Mgw5j9h8528
09:06 ozbot The Doors "Been Down So Long (Alternate Version)" - YouTube
09:11 Vexual http://www.youtube.com/watch?v=DaRG0ukxYqQ
09:11 ozbot Method Man ft. Busta Rhymes - What's Happenin' *Uncensored* [Official video] - YouTube
09:15 Vexual http://www.youtube.com/watch?v=PbgKEjNBHqM
09:15 ozbot Nirvana - In Bloom - YouTube
09:18 KRS1 +1
09:18 KRS1 ;;lasers
09:18 gribble ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
09:19 KRS1 guitars on that song are moving
09:19 KRS1 epitome of 90's grunge rock
09:19 Vexual extra wizard
09:19 KRS1 and i consider nirvana late to the game
09:19 Vexual *scoff*
09:20 KRS1 i think jane's addiction might have kicked that shit off in the 80's even
09:20 Vexual http://www.youtube.com/watch?v=7UQyPXbjL-A
09:20 ozbot Aeon Flux Opening - YouTube
09:20 assbot [HAVELOCK] [CBTC] 27812 @ 0.00008539 = 2.3749 BTC [+] {13}
09:22 Vexual http://www.youtube.com/watch?v=YpRpt0ynnfA
09:22 ozbot 1990. Jane's Addiction - Been Caught Stealing HQ - YouTube
09:22 KRS1 That actually came out in 1989
09:23 KRS1 i remember aeon flux
09:23 KRS1 opening was the best
09:24 KRS1 prolly the only anime i can tolerate
09:26 Vexual i saw the garbage girl with her tits out at big day out
09:27 Vexual its enough to get a man into s&m
09:27 assbot [HAVELOCK] [PETA] 8 @ 0.049202 = 0.3936 BTC [-] {2}
09:29 assbot [HAVELOCK] [PETA] 5 @ 0.0492 = 0.246 BTC [-] {3}
09:29 assbot [HAVELOCK] [AM1] 2 @ 0.54200001 = 1.084 BTC [+] {2}
09:30 Vexual http://www.youtube.com/watch?v=a1gJPxwLhlU
09:30 ozbot Machine Gun Fellatio Mojo Pumpin' (4 of 6) - YouTube
09:31 assbot [HAVELOCK] [AM1] 2 @ 0.55497997 = 1.11 BTC [+]
09:32 Vexual these guys are motorhead
09:36 Vexual http://www.youtube.com/watch?v=ZGz0oyWJnks
09:36 ozbot machine gun fellatio - mutha fukka on a motorcycle - YouTube
09:37 assbot [HAVELOCK] [AM1] 1 @ 0.54200001 BTC [-]
09:38 Vexual im pretty sure pankkake has a bikini kill sticker on his 100 mile an hour shiity citron
09:42 Vexual whereby the shock absorbers cost more than the car and everythink is ok
09:43 Vexual http://www.youtube.com/watch?v=wyGd8Jq55gs
09:43 ozbot Tracy Chapman Fast Car Remix - YouTube
09:48 Vexual http://www.youtube.com/watch?v=s9MszVE7aR4
09:48 ozbot Daft Punk - Around The World - YouTube
09:51 Vexual http://www.youtube.com/watch?v=-q4foLKDlcE
09:51 ozbot Joni Mitchell-California (BBC) - YouTube
09:56 Vexual http://www.youtube.com/watch?v=XUJ0IYZKLvE
09:57 Vexual poobot
09:58 Diablo-D3 motorhead is considered good now? =/
09:58 Vexual if you consider my consideration
10:02 Vexual http://www.youtube.com/watch?v=to1xT93IlUI
10:02 ozbot Music Auld Lang Syne ~ Royal Scots Dragoon Guards. - YouTube
10:03 Diablo-D3 a little late for that
10:05 Vexual http://www.youtube.com/watch?v=ObL8Wxi4rJs this shit on metallica
10:05 ozbot Celtic Woman - Symphony Tour - Auld Lang Syne - YouTube
10:10 Vexual http://www.youtube.com/watch?v=9Bts7ndhPw4
10:11 Vexual The first Noel
10:12 truffles xmas was last month
10:15 Vexual http://www.youtube.com/watch?v=1hNt_dnNBag
10:15 ozbot How to Pronounce Ben Nevis - YouTube
10:16 Vexual http://www.youtube.com/watch?v=97qnKsWR5m8
10:16 ozbot The Straits | ABC1 | Full Trailer: Thursdays, 8.30pm - YouTube
10:17 devthedev Hi
10:20 Vexual hi devthedev
10:21 devthedev What's this chan for?
10:21 jurov ;;topic
10:21 gribble http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading
10:22 Vexual whatvever the kako syas
10:22 assbot [HAVELOCK] [SFI] 642 @ 0.001 = 0.642 BTC [+]
10:24 mircea_popescu http://dailycaller.com/2013/12/31/shipping-companies-largely-silent-on-nsa-intercepting-packages
10:24 ozbot Shipping companies largely silent on NSA interceptions | The Daily Caller
10:24 assbot [MPEX] [S.MPOE] 19910 @ 0.00084341 = 16.7923 BTC [-] {2}
10:24 Vexual small scale surface shipping would work with bc
10:27 Vexual who charts oil/bc?
10:28 mircea_popescu https://bitcointalk.org/index.php?topic=350103.msg4493275#msg4493275
10:28 ozbot [Mpex.co] The biggest scam in bitcoin history?
10:28 mircea_popescu this is pretty great.
10:28 assbot [HAVELOCK] [CBTC] 2000 @ 0.00009 = 0.18 BTC [+]
10:29 Vexual you're so not scammy, i think if you ever got into shiping you wouldnt even poke paris
10:30 Vexual well, you're still not scammy
10:31 Vexual i bet i can make jimmoth have an anuerism
10:33 assbot [HAVELOCK] [HIF] 390 @ 0.00048998 = 0.1911 BTC [+]
10:33 Vexual wait jimmothy is kill?
10:34 pankkake Vexual: Citroën*
10:35 pankkake lol the cloudhashing customers took a lot of time to get they were scammed
10:35 pankkake who would even trust something with "cloud" in it
10:35 jurov pankkake are you going to follow that promise?
10:35 Vexual pankakke i have my kb set wronh i vant even find@
10:36 Vexual 2bc/gh
10:36 pankkake what promise?
10:37 Vexual how scam is it?
10:38 Vexual is it tre scammy?
10:40 KRS1 we have a scam scale now? I thought if scam > 0 | > /dev/null
10:40 Vexual cannes selection never show the wife going direct to the madhouse
10:43 Vexual mps old book probably cover the matter'
10:44 Vexual he scammed his wife
10:45 pankkake hehe I spammed your blog jurov too
10:45 Vexual shes devo and needs help
10:45 jurov i overtook you
10:47 mircea_popescu devthedev this chan is for discussing bitcoin finance.
10:47 Vexual shit
10:48 devthedev I failed earlier and sent .25BTC to the wrong address, lol
10:48 Vexual is the iminent monsoon relevant?
10:49 jurov Vexual, time to reset the markov chain?
10:49 mircea_popescu explo.yt ? not a bad name
10:49 Vexual well i think monsoon is relevant to finance through the ages
10:49 TomServo .d
10:49 ozbot 1789546951.05324 | Next Diff in 1768 blocks | Estimated Change: 13.5349% in 10d 14h 40m 2s
10:50 Vexual it may be time to lock the cellar
10:50 mircea_popescu ;;calc 1789546951.05324 * 1.135349
10:50 gribble 2031760341.33
10:50 mircea_popescu holy shit within 2%
10:51 Vexual what is this calculation?
10:51 Vexual diff?
10:51 jurov Vexual: next difficulty estimate
10:51 jurov ;;seen benkay
10:51 gribble benkay was last seen in #bitcoin-assets 1 day, 11 hours, 45 minutes, and 3 seconds ago: <benkay> simply accept that they have a bigger stick than you and so can
10:51 mircea_popescu it's all because of that 2bn bet
10:52 Vexual when does it solve?
10:52 KRS1 you cache has a problem mp
10:52 assbot [HAVELOCK] [CFIG] 3 @ 0.09016666 = 0.2705 BTC [-] {3}
10:52 assbot [HAVELOCK] [NEOBEE] 500 @ 0.00290648 = 1.4532 BTC [-] {8}
10:52 jurov it closes Feb 28 iirc
10:52 Vexual so its yes?
10:52 KRS1 check varnish jurov
10:53 jurov yes. then there are 5.6bn on March 31 and 14bn on July 14
10:53 KRS1 maybe backend
10:53 mircea_popescu KRS1 what's it do ?
10:53 jurov KRS1: you mean the blog?
10:53 KRS1 503
10:53 Vexual half price furys delivered in 2 days
10:53 KRS1 yeh
10:53 jurov it's gandi's shit.. too lazy to host it myself properly
10:53 mircea_popescu i see it ?
10:54 assbot [HAVELOCK] [NEOBEE] 250 @ 0.00288614 = 0.7215 BTC [-] {3}
10:54 mircea_popescu http://www.downforeveryoneorjustme.com/mpex.co like ?
10:54 ozbot Down For Everyone Or Just Me -> Check if your website is down or up?
10:55 jurov no KRS meant my blog
10:55 mircea_popescu l
10:56 KRS1 -> http://explo.yt/
10:56 mircea_popescu o. i see that too
10:56 jurov mhm :(
10:56 mircea_popescu i was actually reading through it right nao
10:56 KRS1 looks like a timeout value or something is amiss
10:57 Apocalyptic http://explo.yt/ works fine for me
10:59 jurov they had some hosting problems today
10:59 jurov we'll see if that persists
11:00 KRS1 carrier grade network problems aside, it amazes me hosting companies can't have 100% uptime
11:00 Vexual your network never goes down?
11:00 diametric KRS1: even Tier 1 providers ultimately do maintenance
11:01 KRS1 i have a friend who hosts out of a small datacenter in texas..he has the choice of like 8 different providers and can fail over at any time
11:01 diametric but nobody is going to say 100%, but a lot of them have 4-5 9's
11:01 KRS1 diametric agreed
11:01 jurov because PHP
11:01 mircea_popescu it's not economical to get 100% anything.
11:02 diametric Also large datacenters are managed poorly. I used to work for Digex, which was then bought by Worldcom, and then bought by Verizon.
11:02 mircea_popescu you could have a dedicated 10gbit pipe for your blog. that wouldn't be 100%, it'd be "all those instances when you get hit with less than 10gbps"
11:02 KRS1 there are 100%'ers out there..in fact I think its quite common for hosting servers..not necessarily php applications though
11:02 diametric The shit show that went on there was amazing
11:02 assbot AMAZING COMPANY!
11:02 mircea_popescu diametric what they do ?
11:03 diametric mircea_popescu: top tier hosting, we hosted all of JP Morgans main infrastructure, USPS, Ford Motor Company, tons of big players. We one had a janitor take out an entire farm because he backed his mop handle into the emergency power stop switch
11:03 Vexual i remmeber all my isps log were available and mistyped passwords got logged
11:03 mircea_popescu this sounds like dilbert
11:03 diametric Unix Tech Ops would routine fuck in the datacenters too
11:03 KRS1 mircea_popescu I'm specifically talking uptime, not throughput though..your servers should always be accessible..hosting php apps, application level hosting however, is a completely different situation and agreed, almost impossible to host applicactions with 100% availability
11:04 diametric routinely*
11:04 mircea_popescu so what's wrong with dc fucking ?
11:04 KRS1 .bait
11:04 ozbot http://25.media.tumblr.com/tumblr_m4d2f3F4t01r6630fo1_1280.jpg
11:04 diametric haha
11:04 mircea_popescu KRS1 well yes, but it quickly becomes an academic point. "system is online, it does nothing but reply to pings"
11:04 KRS1 I'd fuck that in a datacenter
11:05 KRS1 well with OS availability, ssh, for instance
11:05 diametric KRS1: a lot of top tier 1 providers throw hissy fits too.
11:05 diametric Like Cogent de-peers with people every week
11:06 diametric Level3 and Cogent feud constantly
11:06 mircea_popescu yeah
11:07 mircea_popescu what else are they do to ? think : if they fucked in each other's dcs more...
11:07 Vexual http://www.youtube.com/watch?v=x9xfo0MY-r8
11:07 ozbot DIS IZ WHY I'M HOT (zef remix) - Die Antwoord - YouTube
11:10 mircea_popescu https://bitcointalk.org/index.php?topic=334580.msg3611914#msg3611914
11:10 ozbot [ANN] A Challenger Appears: SKYPIEA, a Privacy-Friendly Exchange
11:10 mircea_popescu by all accounts the privacy-friendly exchange eloped with about 350k worth of elopement-friendly dollars of naive customers'
11:10 Vexual who?
11:11 mircea_popescu myeah.
11:11 KRS1 diametric so are you saying? Customers at each datacenter in your example are cut off?
11:11 Vexual i like the phrase elopement friendly
11:11 mircea_popescu https://bitcointalk.org/index.php?topic=412846.msg4478188#msg4478188 << for the lolz
11:11 ozbot Gavin will visit the Council on Foreign Relations
11:11 diametric KRS1: if Tier 1 providers de-peer from each other it could result in partial outages
11:12 mircea_popescu well temporary bad routes at least
11:12 diametric yeah
11:12 mircea_popescu diametric you and dub should be friends.
11:12 KRS1 what mircea_popescu sounds more reasonable, I've been the victim of that too, where some of my customers were able to reach my hosts, but not others
11:12 diametric mircea_popescu: i have no idea who that is
11:12 KRS1 thats up to that DC staff to fix with their providers
11:12 KRS1 but temporary outages..no
11:12 diametric KRS1: yeah, but would you really call that 100% uptime?
11:13 KRS1 bad routes yes
11:13 diametric I mean some people would I guess
11:13 mircea_popescu diametric he's a guy working in a dc, seeing it with exactly the same eyes
11:13 diametric but then once you attach exceptions like that, your definition of 100% is kind of bunk anyway.
11:13 diametric mircea_popescu: ahh, well its been many years since I worked in that space. I left it around 2004
11:13 mircea_popescu only a dictator would want 100% uptime anyway.
11:13 KRS1 diametric bad routes are not the fault of the datacenter, but the network provider connecting to them dude
11:13 diametric mircea_popescu: you'd be surprised the SLAs some customers demand
11:13 KRS1 mircea_popescu its not uncommon for requests, and provision of 100% uptime
11:13 mircea_popescu being one of those customers...
11:14 diametric haha
11:14 KRS1 application level (php hosting for instance) is out of the question i think
11:14 mircea_popescu for instance : i get first dibs on any piece of hardware replaced-as-broken anywhere on the pipe to my machines
11:14 diametric KRS1: from the customers point of view it doesn't matter. They don't want to hear why your provider has issues, they want to know why you didn't anticipate them and have alternatives in place to mitigate it.
11:15 diametric which is why you rarely see anyone offer 100% uptime, it just opens you up to fail
11:16 KRS1 diametric i see 100% uptime guarantee quite often.
11:16 KRS1 Idk..I've been doing this almost 20 years, I could be wrong though.
11:16 diametric I'm sure its 100% (*)
11:16 KRS1 of course
11:16 diametric (*) [ insert list of reasons that don't count as downtime ]
11:16 Vexual not an actual guarantee
11:17 Vexual http://www.youtube.com/watch?v=8bdeizHM9OU
11:17 ozbot Die Antwoord - Rich Bitch - YouTube
11:17 KRS1 +1 to Vexual for leet Die Antwoord selections
11:18 assbot [HAVELOCK] [SFI] 18000 @ 0.001 = 18 BTC [+]
11:18 gesell1 what tha? I received an API key email from btct.co, anyone else?
11:19 gesell1 thought btct was shutdown
11:19 mircea_popescu buncha people got them. i don't recall what the reason was supposed to be
11:20 KRS1 access to historical data, trades.
11:21 mircea_popescu i wonder what happens should anyone claim they didn't do X trade now.
11:21 KRS1 ya it was kinda like that ugly girlfriend from the past (read: a moped) that shows her ugly face again in front of your friends
11:21 mircea_popescu not like there's receipts or anything, website model.
11:21 Vexual yeah i dint sell all that am at 5
11:21 Vexual i wont my muny back
11:21 mircea_popescu what's am anymore ?
11:21 mircea_popescu does it even still trade ?
11:21 Vexual fliedpuus
11:22 Vexual no
11:22 mircea_popescu i remember all the "omg asicminer is the biggest ting ever" back this summer.
11:22 Vexual how much did you get if yuo helf since forum?
11:22 Vexual *held
11:22 Vexual not 5 i guess
11:23 mircea_popescu -.5
11:23 KRS1 chaang noi was all over that
11:23 Vexual n he wasnt
11:23 Vexual he was bust already
11:23 Vexual *busy lol
11:24 mircea_popescu doing like 5-10 btc a day. holy shit what happened to bitcoin's star non-mpex corp ? are they actually in the shitter ?
11:24 Vexual theres worse places to be
11:24 mircea_popescu depends who you're there with
11:24 Vexual perhaps one has an apricot farm
11:24 mircea_popescu an all-girls highschool shitter may be a great place to smoke. the bitcoin shitter is full of retards.
11:25 Vexual gotta pay 1 euro to get in too
11:25 Vexual or is it 5 euro cents?
11:25 Vexual i was broke wehn i went to the continent
11:27 Vexual mp gets you into the highschool for zero
11:27 Apocalyptic pankkake, are you watching Hollande's speech ?
11:27 pankkake no
11:27 Apocalyptic it's disastrous...
11:27 pankkake I don't follow politics at all
11:27 assbot [HAVELOCK] [NEOBEE] 1000 @ 0.0028572 = 2.8572 BTC [-] {6}
11:28 pankkake from what I understand our compatriots are caring about his personal life now… what the fuck
11:28 gesell1 fgesell
11:28 Apocalyptic it diverts the attention from important matters
11:29 pankkake yeah, like get your dick sucked by your secretary and so you can bomb foreign countries
11:29 Vexual yay fiat
11:29 Apocalyptic he's almost stuttering and his voice is quite high
11:29 Vexual musolini
11:29 Apocalyptic confidence -> 0
11:29 assbot [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
11:30 Vexual http://www.youtube.com/watch?v=JRU9V-u7EwQ
11:30 Vexual "sody pop"
11:35 mircea_popescu pankkake> from what I understand our compatriots are caring about his personal life now… what the fuck << gotta keep up with les americains
11:36 Apocalyptic ^
11:36 pankkake while being so pround of not being like them
11:36 pankkake proud*
11:36 Apocalyptic that's gone long ago
11:36 mircea_popescu ;;google Julie Gayet nude
11:37 gribble 14 Julie Gayet Nude Photos - Francois Hollande's Mistress Girlfriend?: <http://www.everyjoe.com/2014/01/10/entertainment/julie-gayet-nude-photos-francois-hollande-mistress-girlfriend/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+b5media%2Feveryjoe+(EveryJoe)>; The sexually charged screen roles of Julie Gayet, Francois - Daily Mail: (1 more message)
11:37 Apocalyptic now he's saying that not having a CDI at 25 years is unacceptable...
11:37 Apocalyptic lol, surreal
11:37 mircea_popescu what's a cdi ?
11:37 Vexual http://www.youtube.com/watch?v=SIBOiZr9Kek
11:37 ozbot Lil Kim Music Video 14 The Rain by Missy Elliott 1997 - YouTube
11:38 assbot [HAVELOCK] [AM1] 1 @ 0.55499779 BTC [+]
11:38 mircea_popescu "Watch: Everything you need to know about the French president's love life"
11:38 Apocalyptic mircea, it's a job contract for an undetermined timeframe, very hard to break for the employers
11:38 mircea_popescu bwahahaha why the fuck do i need to know anything about some grasshopper-headed frenchie socialist.
11:38 Vexual lol
11:38 Apocalyptic basically the holly grail of employement in France
11:38 mircea_popescu ah ah.
11:39 assbot [HAVELOCK] [AM1] 1 @ 0.555 BTC [+]
11:39 mircea_popescu they have those here too. except they're very easy to terminate.
11:39 KRS1 .bait
11:39 ozbot http://24.media.tumblr.com/tumblr_m36xocW3uw1qhs5wyo1_1280.jpg
11:39 KRS1 jackpot
11:39 pankkake honestly I like the CDD (which has a duration) better. it's actually harder to break, well until it ends of course
11:40 mircea_popescu this is a point. pretty much the only way to terminate those is to pay up
11:40 mircea_popescu sort-of like a pay-or-play contract works in the us.
11:41 pankkake sadly you can only have the same CDD only 2 or 3 times
11:42 mircea_popescu "16.34 So how will the French react to Francois Hollande's refusal to answer questions about whether Valerie Trierweiler is still the First Lady?
11:42 mircea_popescu Remember 77 per cent of French people recently surveyed say his private life is of no concern to them."
11:42 mircea_popescu bwahaha
11:42 mircea_popescu i'm glad you mentioned this. absolute textbook study in how teh press doth not matter at all.
11:43 assbot [HAVELOCK] [AM1] 6 @ 0.55999728 = 3.36 BTC [+] {5}
11:43 mircea_popescu herpderp " Impatience is growing among some, as he continues to discuss foreign and domestic policy..." derpyderp the public does not care so here's some more of the retarded shit that preoccupies us"
11:43 Vexual tat is missing
11:44 Vexual http://www.youtube.com/watch?v=flugsxgtD8k
11:44 ozbot Lil' Kim & Phil Collins - In The Air Tonite (HD / Dirty) - YouTube
11:45 pankkake it's quite funny that while he's probably annoyed about the attention on his private life, he also approved a law so that we can have our own NSA
11:46 mircea_popescu i don't quite understand why politicians still maintain the facade that the press people are like... people.
11:46 Apocalyptic pankkake, he already have it for a long time I thinl
11:46 Apocalyptic *think
11:46 Apocalyptic *we
11:46 mircea_popescu it stands to reason you'd talk to them as if they were sorta obnoxious teenager at best
11:46 mircea_popescu mentally retarded generally.
11:46 pankkake I think they do it already
11:46 Apocalyptic what's the DST to you if not our NSA ?
11:46 Vexual imagine yourself as a politician
11:47 pankkake yeah well the law is basically approving things that existed already, but were illegal
11:47 mircea_popescu Vexual i'd have two nuns, one on each side. the left one'd carry the soap, the right one the ruler.
11:47 Vexual you watched black lagoon
11:47 mircea_popescu and the press conference'd start with a nails and handkerchief examination.
11:47 pankkake which is actually one of the "justifications" for the law. "we're doing it already". lol
11:48 pankkake in France journalists are basically employed by the politicians. they give interviews to whoever they want, they subsidize their crap no one wants to read, etc.
11:49 Vexual and judges complain theres nothing to read
11:49 Vexual buy time and call it a day
11:50 Vexual http://www.youtube.com/watch?v=eBhXO40uO7g
11:50 pankkake http://www.actu-belette.com/medias/images/capture-d-ecran-2013-09-22-a-16-51-04.png
11:51 ozbot N.E.R.D. - Everyone Nose - YouTube
11:51 Vexual femme actualle
11:52 pankkake and that's only direct subsidies, anything bought by high schools etc. isn't accounted for
11:52 Vexual you think you waste money?
11:54 Vexual hoi
11:55 mircea_popescu hm
11:58 Vexual http://www.youtube.com/watch?v=4lZefsii1K0 krs1 this is for all your pole dancers
11:58 ozbot Willie Nelson - Blue Eyes Crying In The Rain - Midnight Special 1980 HQ - YouTube
12:01 Vexual you be nice to those gils
12:01 Vexual or il come and poke a crocodile up your arse
12:02 Vexual and they're infinitly more motile than alligators
12:03 Vexual anyone who thinks i sound violent might like to taste the irony
12:04 mike_c isn't it a bit early to be wasted vex?
12:04 Vexual 3am here
12:04 mike_c oh
12:05 mircea_popescu lol
12:05 Vexual http://www.youtube.com/watch?v=LXEOESuiYcA many sirens
12:05 ozbot KLF - 3 a m eternal (Complete) - YouTube
12:05 Vexual 41 degrees celcius and 65 percent humidity
12:08 assbot [HAVELOCK] [SFI] 22968 @ 0.001 = 22.968 BTC [+]
12:12 assbot [HAVELOCK] [SFI] 29769 @ 0.001 = 29.769 BTC [+] {2}
12:13 Vexual http://www.youtube.com/watch?v=aRDBBO1Z4g0
12:13 ozbot N.W.A. - Fab 5 Freddie & N.W.A. in Manhattan - New York City (1991) - YouTube
12:17 Vexual http://www.youtube.com/watch?v=uudn3Y23IYI
12:17 ozbot Dr Dre ft. Snoop Dogg - Still D.R.E - YouTube
12:21 Vexual http://www.youtube.com/watch?v=_MQhk53ayeI
12:21 ozbot Snoop Dogg Ft Pharrell - Beautiful HD - YouTube
12:25 assbot [HAVELOCK] [CBTC] 2000 @ 0.00008585 = 0.1717 BTC [-]
12:28 Vexual 10bc the shit should be in jamacia
12:29 Vexual http://www.youtube.com/watch?v=SD1s1zdDEIc
12:29 ozbot Damian Marley - Welcome to Jamrock ( Lyrics ) - YouTube
12:33 Vexual http://www.youtube.com/watch?v=3zqxAwbyETI
12:33 ozbot Lee "Scratch" Perry - Pum Pum - YouTube
12:34 assbot [HAVELOCK] [AM1] 1 @ 0.55999999 BTC [+]
12:37 Vexual http://www.youtube.com/watch?v=xJOtaWyEzaI
12:37 ozbot Norah Jones - Summertime - YouTube
12:42 assbot [HAVELOCK] [CBTC] 6944 @ 0.00009039 = 0.6277 BTC [+]
12:42 assbot [HAVELOCK] [CFIG] 1 @ 0.102 BTC [+]
12:43 Vexual http://vimeo.com/61341838
12:43 ozbot Bob Dylan - Isis (1976) on Vimeo
12:50 Vexual http://www.youtube.com/watch?v=3YPCdJbZYXo
12:53 assbot [HAVELOCK] [PETA] 3 @ 0.0491 = 0.1473 BTC [-] {3}
12:56 Vexual http://www.youtube.com/watch?v=LRpj9mCl0qg
12:56 ozbot Arlo Guthrie - Coming Into Los Angeles (live 1969) HD 0815007 - YouTube
12:57 assbot [HAVELOCK] [PETA] 6 @ 0.04893333 = 0.2936 BTC [-] {2}
12:58 assbot [HAVELOCK] [PETA] 5 @ 0.0485 = 0.2425 BTC [-]
13:00 Vexual http://www.youtube.com/watch?v=4wtncm2yzUE
13:00 ozbot Billy Bunks - Strumpets - YouTube
13:03 Vexual http://www.youtube.com/watch?v=6eB0RyRPH6Q
13:03 ozbot Cross Bred Mongrels - Overgrown Town - YouTube
13:07 Vexual http://www.youtube.com/watch?v=T-xu8CcamT4
13:07 ozbot Hilltop hoods- dumb enough - YouTube
13:12 Vexual http://www.youtube.com/watch?v=WutGkPePnCU
13:12 ozbot Black Eyed Peas My Humps Outro "So Real" Cleanly Edited Extended Version - YouTube
13:13 mod6 ;;bc,stats
13:13 gribble Current Blocks: 280485 | Current Difficulty: 1.7895469510532405E9 | Next Difficulty At Block: 282239 | Next Difficulty In: 1754 blocks | Next Difficulty In About: 1 week, 4 days, 5 hours, 50 minutes, and 46 seconds | Next Difficulty Estimate: 2018000299.28 | Estimated Percent Change: 12.76599
13:13 Vexual 5milly
13:14 Vexual 20
13:14 mircea_popescu it keeps slimming out, was 203mn last
13:14 Vexual lol
13:14 Vexual next halving maybe
13:15 Vexual millions arent what they were
13:16 Vexual just like my memory
13:16 truffles dont worry nsa got that covered digitally :D
13:17 Vexual yo dawg i herd you liked deniro http://www.youtube.com/watch?v=QRRJpJIcaT4
13:17 truffles still going strong with the music
13:19 Vexual no im starting to see 50 hetz
13:21 Vexual delerium tremors
13:22 Vexual tremens
13:22 assbot [HAVELOCK] [AM100] 200 @ 0.00508637 = 1.0173 BTC [-] {11}
13:22 jurov delirium
13:23 Vexual that too
13:23 assbot [HAVELOCK] [AM100] 200 @ 0.00506405 = 1.0128 BTC [-] {5}
13:25 assbot [HAVELOCK] [DEALCO] 224 @ 0.00387999 = 0.8691 BTC [-]
13:37 assbot [HAVELOCK] [NEOBEE] 970 @ 0.0028562 = 2.7705 BTC [-]
13:38 assbot [HAVELOCK] [NEOBEE] 77 @ 0.00283753 = 0.2185 BTC [-] {3}
13:40 assbot [HAVELOCK] [NEOBEE] 1291 @ 0.00280155 = 3.6168 BTC [-] {6}
13:40 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
13:41 assbot [HAVELOCK] [NEOBEE] 255 @ 0.0028 = 0.714 BTC [-] {4}
13:42 assbot [HAVELOCK] [NEOBEE] 55 @ 0.00280001 = 0.154 BTC [+]
13:43 assbot [HAVELOCK] [NEOBEE] 179 @ 0.0028 = 0.5012 BTC [-] {4}
13:44 assbot [HAVELOCK] [NEOBEE] 110 @ 0.00279 = 0.3069 BTC [-] {2}
13:45 Vexual http://www.youtube.com/watch?v=RZD982yrmx4
13:45 ozbot Silverchair - Tomorrow - YouTube
13:46 assbot [HAVELOCK] [NEOBEE] 90 @ 0.00278 = 0.2502 BTC [-] {2}
13:48 assbot [HAVELOCK] [HIF] 795 @ 0.00048998 = 0.3895 BTC [+]
13:49 assbot [MPEX] [S.MPOE] 17000 @ 0.00084234 = 14.3198 BTC [-]
13:50 assbot [HAVELOCK] [NEOBEE] 299 @ 0.00277 = 0.8282 BTC [-] {4}
13:50 Vexual http://www.youtube.com/watch?v=IfwCGbBTxlg
13:50 ozbot Silverchair - Israel's Son (Live @ MuchMusic) - YouTube
13:50 pankkake silverchair is gay
13:51 Vexual he smokes bong with our politicians with no sex
13:51 assbot [HAVELOCK] [NEOBEE] 2700 @ 0.00270519 = 7.304 BTC [-] {7}
13:52 assbot [HAVELOCK] [NEOBEE] 106 @ 0.002705 = 0.2867 BTC [-]
13:53 Vexual bono was there too
13:53 assbot [HAVELOCK] [HMF] 4 @ 0.02694696 = 0.1078 BTC [-]
13:56 Vexual and now when they ask who you'd go gay for, you can say silverchair]
13:57 Vexual http://www.youtube.com/watch?v=G9y1b8F73Fo
13:57 ozbot Silver Chair - Suicidal Dreams (Live at Much Music) - YouTube
13:58 jurov lol so supposedly MPEx "is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority."
13:59 Vexual soulds like marketing genius
13:59 pankkake best criticism to date on that thread though
14:00 Vexual an users in the thread?
14:00 assbot [HAVELOCK] [NEOBEE] 159 @ 0.00264979 = 0.4213 BTC [-] {5}
14:00 assbot [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
14:01 Vexual obviously youre ther with your clever quiffs pankkakke
14:01 assbot [HAVELOCK] [NEOBEE] 400 @ 0.00256434 = 1.0257 BTC [-] {9}
14:01 jurov nah, he's only paid troll
14:01 pankkake what's a quiff? isn't it a pussy fart?
14:01 Vexual youre always on like donkey kong
14:02 pankkake I have utterly failed to monetize my trolling
14:02 Vexual i don tknow, i think its a hairstyle and i misused the term
14:02 pankkake hopefully at the end of the month I'll have a better health and will do actual stuff
14:02 Vexual now you're channeling me
14:03 assbot [HAVELOCK] [DEALCO] 59 @ 0.00388 = 0.2289 BTC [+]
14:03 Vexual im gonna give dr greg a mouthful just coz hes a fuckwit
14:04 Vexual and his shut stinks
14:04 Vexual http://www.youtube.com/watch?v=DxYgX28z9pE
14:04 ozbot Silverchair - Shade (Live @ Cambridge Hotel 95) - YouTube
14:05 Vexual and ive got the patent on stinky shit
14:05 assbot [HAVELOCK] [PETA] 40 @ 0.04627854 = 1.8511 BTC [-] {10}
14:06 assbot [HAVELOCK] [DEALCO] 42 @ 0.0037 = 0.1554 BTC [-] {2}
14:08 Vexual seriously that guy is a fucking bannaa
14:08 pankkake why?
14:08 Vexual the only reason he has a phd is because noone watnted too read his hsit anymore
14:09 Vexual hes a karate expert with a soe back, doesnt compute
14:10 mike_c new website announcement. assbot thinks its amazing.
14:10 assbot AMAZING COMPANY!
14:11 mike_c for those not afraid of a little javascript, a mpex option P/L tool:
14:11 Vexual anytime he fucks up he blames his tools
14:11 mike_c http://www.btcalpha.com/mpex/options/
14:11 ozbot Option Analysis - Btc Alpha
14:11 mike_c and an overview page for mpex stocks:
14:11 mike_c http://www.btcalpha.com/mpex/stocks/s-mpoe/
14:11 ozbot S.MPOE Analysis - Btc Alpha
14:12 mike_c not as much javascript, a blog post:
14:12 pankkake nice
14:12 mike_c http://www.btcalpha.com/blog/2014/when-does-bitbet-money-come-in/
14:12 ozbot When Does BitBet Money Come In? - Btc Alpha
14:12 Duffer1 ya looks great
14:12 mike_c thanks. please send bug reports/suggestions.
14:12 mircea_popescu threads made of win : https://bitcointalk.org/index.php?topic=413079.
14:13 Vexual is it ever gonna be 1.0?
14:13 mircea_popescu i'm unemployed, mods please clean up my mess. i'm a quick study, believe me when i say so, pay no mind to the fact i can't be fucking bothered to figure out where my post goes
14:13 mircea_popescu mike_c o your blog ?
14:13 mike_c blog is a piece of it, yeah. inaugural post is up.
14:14 kakobrekla nice find mike_c
14:14 kakobrekla a your stuff.
14:14 jurov what is "correct price"?
14:14 Vexual hanna has nice tits
14:15 mike_c http://www.btcalpha.com/faq/#options_correct_price
14:15 ozbot FAQ - Btc Alpha
14:15 Duffer1 vex proof?
14:15 mike_c Garman-Kohlhagen
14:15 Vexual just bitcointalk avatar
14:15 Duffer1 oh
14:18 Vexual if i put a picture on there ill have my shirt open
14:20 pankkake mike_c: rss feed would be nice
14:20 pankkake for the blog
14:20 Duffer1 ^
14:20 mike_c yeah, thanks. i'll add one.
14:21 Vexual yall know blog are gay right?
14:21 pankkake wrong
14:21 Vexual u wanna be a pimp, monetise usenet
14:21 mike_c blog is just a piece, if you use mpex hopefully the tools are useful.
14:23 Vexual im just jealous
14:24 Vexual my website is one jpeg and 3 links
14:24 Vexual no rss coz it never changes
14:24 kakobrekla as long as it has css you are good
14:25 Vexual its kinda htm 1.0
14:26 Vexual and no longer existanty
14:30 Vexual i know theres more punters since 92
14:31 pankkake http://headfucking.net/ probably my favorite css ever written
14:31 ozbot headfucking.net
14:31 pankkake and no images
14:32 jurov mike_c i can't wrap my head about shorting puts, how is the profit computed there?
14:32 jurov 100% means you will get all your investment back?
14:33 Vexual thats yours huh pankkake?
14:33 mike_c 100% means if you sell puts for 1btc you will keep it all
14:34 mike_c calculation: is.. strike / (1 + price) i think for value of put. lemme check
14:34 Vexual .bait
14:34 ozbot http://25.media.tumblr.com/e264f5c962069cf13f1224f85af8c571/tumblr_mf9pmf6IVZ1rgnxczo1_500.jpg
14:35 Diablo-D3 sad they're fake
14:35 Vexual b&w
14:36 mike_c put value = (strike/spot - 1). so when you sell, your profit is whatever you got for the sale minus that.
14:36 jurov it makes little sense if you don't put collateral into picture
14:36 mike_c as far as ROI you mean
14:37 mike_c ROI is different from profit, but yeah, that would be helpful.
14:38 BingoBoingo mircea_popescu: I'll find out in two days, maybe.
14:40 mike_c one thing i think it helps with is finding the most profitable strike given an 'expected price'.
14:41 assbot [HAVELOCK] [PETA] 5 @ 0.04999997 = 0.25 BTC [+] {2}
14:41 assbot [HAVELOCK] [SFI] 20000 @ 0.001 = 20 BTC [+]
14:42 jurov yes, it does
14:45 jurov in ff after selecting and unselecting several rows, i'm getting error in highcharts code
14:45 mike_c hm. thanks, i'll investigate.
14:46 mircea_popescu http://trilema.com/2014/people-have-made-blogs/ :D
14:46 ozbot People have made blogs pe Trilema - Un blog de Mircea Popescu.
14:47 mike_c thanks mp!
14:47 pizzaman1337 nice site mike_c
14:48 jurov yup
14:48 mircea_popescu now we need some girls to make blogs too
14:48 mircea_popescu or - gasp - black people.
14:48 pizzaman1337 where's MPOE-PR's blog? :P
14:48 jurov put that into niggers.txt
14:49 kakobrekla lol
14:49 mircea_popescu pizzaman1337 she had one but can't hardly be arsed to update it iirc
14:50 jurov thewhet.net
14:52 mircea_popescu http://www.btcalpha.com/blog/2014/when-does-bitbet-money-come-in/ << this actually is exactly what i mean by fucking research.
14:52 ozbot When Does BitBet Money Come In? - Btc Alpha
14:53 mike_c i was surprised by the results too
14:53 mircea_popescu i wasn't cause i have them, but the fact is there's so much counterintuitive if not outright fucking weird shit going on in btc
14:54 mircea_popescu that really the lukewarm derpage people waste their time with is a sore waste.
14:54 mircea_popescu mike_c "as well as the starting wager of whoever created the bet." is this sound ?
14:56 mike_c i didn't want it to throw off the results. what i wanted to see was whether other people are being attracted to bets early.
14:56 kakobrekla how about adding a weight adjusted line to that chart, plain linear?
14:56 pizzaman1337 imo that curve is a result of the "new bets" and "closing soon" sections on the left hand side. More visibility, more bets.
14:56 mike_c i also ran the numbers bucketing by weight instead of by time, but it gets weird because bets can close early when there is still a high weight.
14:57 kakobrekla aha
14:57 mircea_popescu yes but see, a large part of late action is rebalancing of odds either according to new developments or others positioning.
14:58 pizzaman1337 that too
14:58 mircea_popescu and since it's impossible to take out later readjustments of the bettor, you can't really take out his original stake either. course i suppose what exactly you're trying to see
14:59 mike_c i have the numbers with those bets in as well. not as different as you would think. the sum of btc isn't that high.
14:59 mircea_popescu i know (and for that matter house bets don't change much either)
14:59 mircea_popescu more arguing for the principle of the thing than anything
15:01 assbot [HAVELOCK] [SFI] 132 @ 0.001 = 0.132 BTC [+]
15:01 mircea_popescu pizzaman1337 didn't you have a blog btw ?
15:03 mircea_popescu jborkl's kinda been neglecting his
15:03 BingoBoingo I think benkay just started one http://cascadianhacker.com/index.html
15:03 pizzaman1337 mircea_popescu: I used to log/chart mpex prices, but then the spread on options got too high for me, so I stopped maintaining it
15:04 mircea_popescu ah right
15:05 assbot [HAVELOCK] [CBTC] 5000 @ 0.00008601 = 0.4301 BTC [-]
15:05 assbot [HAVELOCK] [SFI] 2000 @ 0.001 = 2 BTC [+]
15:05 jurov http://cascadianhacker.com/blog/2014/01/07_paleo-in-portland.html hahaha
15:05 ozbot Paleo in Portland
15:07 mircea_popescu it IS his.
15:07 mircea_popescu well, in the pot it goes.
15:12 mircea_popescu this guy's been posting like an animal too
15:12 Apocalyptic anyone maintaining some blog related to btc finance ?
15:12 mircea_popescu Apocalyptic mike_c for instance, discussed above
15:13 Apocalyptic I saw a discussion about it yeah, he wanted to go for a code afaik
15:13 mircea_popescu im sure the "bitcoin finance" blogspace is not saturated now,
15:13 mircea_popescu nor will it ever be
15:13 assbot [HAVELOCK] [SFI] 6575 @ 0.001 = 6.575 BTC [+]
15:14 mike_c mine is probably limited by the fact that i don't intend to waste time dissecting the scams.
15:14 Apocalyptic "bitcoin finance" quality blogspace won't that's for sure
15:14 mircea_popescu kinda what i meant.
15:14 jurov ;;prevdiffchange
15:14 jurov ;;diffchange
15:14 gribble 26.15935
15:14 gribble Estimated percent change in difficulty this period | 12.24051 % based on data since last change | 16.09483 % based on data for last three days
15:14 mircea_popescu .d
15:14 ozbot 1789546951.05324 | Next Diff in 1741 blocks | Estimated Change: 12.1541% in 10d 14h 49m 22s
15:15 mircea_popescu it's kind-of plumeting
15:15 mircea_popescu ;;calc 1789546951.05324* 1.121541
15:15 gribble 2007050277.03
15:15 mircea_popescu at this rate...
15:15 pizzaman1337 that bitbet should be exciting
15:16 mircea_popescu im curious if the no's will start pouring in now
15:16 kakobrekla ill bitbet it wont
15:17 Apocalyptic heh
15:17 kakobrekla well
15:17 kakobrekla bitbet doesnt do negative bets, so bet must be it will pour in
15:17 assbot [HAVELOCK] [NEOBEE] 153 @ 0.00256 = 0.3917 BTC [-] {2}
15:17 kakobrekla so if you put 100 on wont and 100 on no
15:17 kakobrekla you can still lose
15:18 kakobrekla since you put 200 on one side
15:18 kakobrekla just dont start a butthurt fb page after you fuck up!
15:18 assbot [HAVELOCK] [NEOBEE] 45 @ 0.00254332 = 0.1144 BTC [-] {6}
15:18 assbot [HAVELOCK] [AM1] 17 @ 0.54111766 = 9.199 BTC [-] {7}
15:18 Apocalyptic nice blog mike_c, looking forward to the "Non-equity investments" anlysis
15:18 Apocalyptic *analysis
15:19 mike_c thanks! it won't be long.
15:19 assbot [HAVELOCK] [NEOBEE] 288 @ 0.00247982 = 0.7142 BTC [-] {6}
15:20 Apocalyptic are you involved in finance irl ?
15:20 pizzaman1337 is btc not irl?
15:20 kakobrekla im sure he pays the monthly b ills
15:20 assbot [HAVELOCK] [NEOBEE] 210 @ 0.00243 = 0.5103 BTC [-] {2}
15:20 mike_c i have a serious interest in gambling. I include finance under that category.
15:21 Apocalyptic pizzaman1337, i obviously meant fiat-base finance instruments
15:22 mike_c my day job is engineering.
15:22 assbot [HAVELOCK] [NEOBEE] 1000 @ 0.00243 = 2.43 BTC [-] {2}
15:22 mircea_popescu gambling and finance are strictly distinct.
15:23 mircea_popescu finance is shorthand for resource allocation. gambling is shorthand for risk pricing
15:23 mircea_popescu these two activities are often found jointly in nature, like any house building will involve carpentry and masonry
15:23 mircea_popescu nevertheless, they have nothing at all in common.
15:24 Apocalyptic mircea, wait, you're saying risk pricing isn't a subdomain of finance ?
15:25 mircea_popescu that's what i'm saying.
15:25 Apocalyptic i've always included the latter in the former somehow
15:25 mircea_popescu why do you think bankers fail so miserabl,y at it ?
15:25 mircea_popescu it works both ways, gamblers are notoriously bad at keeping the bills paid in time
15:26 mircea_popescu even if they do have the money. they "forget" or whateverthefuck.
15:26 mike_c but not by definition. there are gamblers that are responsible with money.
15:26 mike_c like phil hellmuth
15:26 mircea_popescu just mental tendencies.
15:27 mircea_popescu obviously people being people there'l;l be exceptions to any stereotype
15:27 mike_c so you are saying gambling=carpentry and finance=house building. in that case, i am interested in the carpentry aspect of finance.
15:28 mircea_popescu nothin' wrong with that.
15:28 mike_c although that is probably pigeon-holing it a bit.
15:28 benkay what in this metaphor is the practice of acquiring capital?
15:29 mircea_popescu did hellmuth actually win any one wsop/wsoe main event ?
15:29 mircea_popescu benkay what is this practice ?
15:29 mike_c he was youngest main event winner for a long time
15:29 mircea_popescu o he's the guy that beat up chan nm
15:29 mircea_popescu yeah it came to me
15:30 Apocalyptic mike_c, wasn't that phil lakk ?
15:30 benkay some people practice risk management, right? and others practice 'finance' (whatever that is) - carpentry and housebuilding. but what about simply acquiring power and wealth?
15:30 Apocalyptic or whatever his lastname is spelled
15:30 mike_c no, he won at 24
15:30 mike_c http://en.wikipedia.org/wiki/Phil_Hellmuth
15:30 ozbot Phil Hellmuth - Wikipedia, the free encyclopedia
15:31 mike_c industrialists acquire wealth, they are not financiers.
15:31 benkay mike_c: where's the btc alpha feed?
15:31 mircea_popescu benkay well what about it ?
15:31 benkay rss/atom
15:31 mike_c no rss feed yet. coming this week.
15:32 mircea_popescu anyway, the hellmuth guy, i recall this horrible loss to a romanian player, who had called a re-raise with a low pair or something
15:33 mircea_popescu hellmuth folded a walking back to huston arrangement and then got all pissy
15:33 mike_c yeah, his nickname is the poker brat for a reason.
15:35 assbot [MPEX] [S.MPOE] 33750 @ 0.00084307 = 28.4536 BTC [+]
15:49 assbot [HAVELOCK] [NEOBEE] 127 @ 0.0028473 = 0.3616 BTC [+] {8}
15:49 assbot [HAVELOCK] [AM1] 1 @ 0.53100003 BTC [-]
15:50 TomServo https://www.youtube.com/watch?v=sRUxbS04SO4
15:50 ozbot Phil Hellmuth outburst vs a Romanian at WSOP 2008 - YouTube
15:50 TomServo in case anyone else was curious
15:52 assbot [HAVELOCK] [AM100] 22 @ 0.00501005 = 0.1102 BTC [-] {4}
15:56 assbot [HAVELOCK] [PETA] 25 @ 0.04575999 = 1.144 BTC [-] {6}
15:56 Duffer1 other than being unprofessional is there some extra meaning or penalty for name calling?
15:56 mike_c tournament director can give you a time penalty, making you sit out for awhile and get blinded off.
15:57 Duffer1 ah
15:57 Apocalyptic thx for the link TomServo
15:57 assbot [HAVELOCK] [SFI] 1500 @ 0.001 = 1.5 BTC [+]
16:02 benkay http://www.bitwall.io/
16:03 dub what it is
16:04 TomServo Micropayments for digital publishers.
16:04 mike_c paywall for content. like tinypass.
16:05 Apocalyptic like trilema credits
16:05 Apocalyptic oh wait
16:05 assbot [HAVELOCK] [AM100] 38 @ 0.005 = 0.19 BTC [-] {4}
16:05 thestringpuller lol I have like 10k trilema credits
16:10 assbot [MPEX] [S.MPOE] 23077 @ 0.00084307 = 19.4555 BTC [+]
16:10 assbot [HAVELOCK] [COG.F2] 1 @ 0.6 BTC [+]
16:11 Duffer1 so apparently kanye has named amazon.com in his suit against anonymous coinye devs
16:11 Duffer1 http://www.tmz.com/2014/01/14/kanye-west-sues-coinye-west-currency-lawsuit/
16:11 ozbot Kanye West Sues -- STOP USING MY FACE ... On Virtual Currency | TMZ.com
16:13 wao-ender w0w
16:13 wao-ender BIT gains $61M in investments?
16:14 wao-ender The Bitcoin Investment Trust has proved to be popular, raising $61.1m from investors within three months of its launch.
16:14 Apocalyptic wow indeed
16:14 pankkake lol at the fish coin
16:14 the20year where is BIT listed?
16:15 Duffer1 sounds fiat
16:16 wao-ender the20year: https://www.secondmarket.com/
16:16 the20year BIT has to do with second market?
16:16 the20year Ah
16:16 the20year yeah , secondmarket is huge
16:18 mircea_popescu TomServo yup thats the one
16:21 TomServo he's such a bitch
16:23 benkay hey tomservo do you like fish sticks?
16:24 benkay http://www.youtube.com/watch?v=cNoQXo8yeLc
16:24 ozbot Fishsticks joke on kanye west - YouTube
16:24 TomServo heh, I don't get it!
16:25 TomServo haha, #coinyecoin just got cleared
16:25 TomServo (CLEAR USERS used by coinyewest)
16:27 assbot [HAVELOCK] [AM1] 1 @ 0.53100002 BTC [-]
16:29 assbot [HAVELOCK] [SFI] 8500 @ 0.001 = 8.5 BTC [+]
16:41 KRS1 .bait
16:41 ozbot http://24.media.tumblr.com/tumblr_m0langqGUG1qk4kpgo1_1280.jpg
16:41 KRS1 .bait
16:41 ozbot http://25.media.tumblr.com/tumblr_m0eayj7fzi1rqj8vho1_500.png
16:42 KRS1 eww..sweat
16:42 KRS1 .bait
16:42 ozbot http://25.media.tumblr.com/tumblr_lyy001FPbH1r9mqq0o1_500.jpg
16:44 KRS1 .bait
16:44 ozbot http://24.media.tumblr.com/tumblr_m1j1hbtjTZ1qc3ldvo1_500.jpg
16:46 KRS1 If anyone wants to come and meet me and come to the North American Bitcoin Conference:
16:46 KRS1 http://btcmiami.com/
16:46 ozbot North American Bitcoin Conference
16:47 KRS1 Miami Beach is beautiful almost year round.
16:48 the20year and who are you?
16:48 KRS1 How do I answer that? You want my first name? First and last?
16:48 KRS1 I don't have a title like Duke or anything.
16:49 mircea_popescu what's with this "we're organising a conference next week" thing
16:49 KRS1 Idk just found the link myself.
16:50 Apocalyptic <KRS1> I don't have a title like Duke or anything. // a shame really
16:51 Apocalyptic I met Duke jurov a week ago
16:51 jurov Duke?
16:51 KRS1 Haha
16:53 KRS1 It would be cool to be a Count though.
16:53 KRS1 Maybe wear a cape in the winter.
16:53 KRS1 Pretty much warm year round in Mimai though, and I'd look funny.
~ 15 minutes ~
17:09 Apocalyptic you wouldn't blend well in Miami yeah
17:10 assbot [HAVELOCK] [SFI] 30000 @ 0.001 = 30 BTC [+]
17:22 mike_c per request:
17:22 mike_c http://www.btcalpha.com/feed/
17:22 ozbot Btc Alpha Blog
17:22 benkay what are you driving that with, mike_c?
17:22 Duffer1 subscribed
17:23 mike_c mostly django
17:23 mike_c thanks duffer
17:23 benkay ditch it man
17:23 mike_c for what?
17:23 benkay django just lost bdfl
17:23 Apocalyptic python rules
17:23 mike_c again?
17:23 benkay mhm.
17:24 mike_c omg. what a pain.
17:24 mike_c http://www.holovaty.com/writing/bdfls-retiring/
17:24 ozbot Adrian and Jacob retiring as Django BDFLs | Holovaty.com
17:24 benkay speaking as someone who ekes out the odd food credit derping on django, shit has no future.
17:25 benkay python has hella robust data science and robust outsider community, but man the web story is fn sad
17:26 Apocalyptic I would use pyweb then
17:26 Duffer1 soo unsubscribe? hehe
17:27 mike_c hehe. nah. django is a great accelerator. lot of out-of-the-box stuff that works well. like that rss-generator.
17:28 kakobrekla it fails in opera
17:28 mike_c the feed?
17:28 kakobrekla yea
17:28 benkay i'd hazard that the bitcoin alpha biz req's are a little different from my deploy
17:28 kakobrekla but hey rss sux
17:29 kakobrekla no wonder the author commited suicide
17:29 Duffer1 ouch
17:29 pankkake Atom is better, yes
17:30 kakobrekla json and gtfo
17:30 pankkake well, that json feeds would be nice. write a spec and patch software!
17:31 pankkake -that
17:31 kakobrekla i dont want to commit suicide down the lane.
17:31 kakobrekla brb
~ 25 minutes ~
17:57 assbot [MPEX] [S.MPOE] 12400 @ 0.00084035 = 10.4203 BTC [-] {2}
17:58 mike_c ;;later tell kakobrekla does this one work for you? http://www.btcalpha.com/feed/atom/
17:58 gribble The operation succeeded.
17:59 pankkake https://bitcointalk.org/index.php?topic=350103.msg4515286#msg4515286 jimmothy must read #bitcoin-assets since he said options are gambling
17:59 ozbot [Mpex.co] The biggest scam in bitcoin history?
18:01 Apocalyptic mike_c, regarding your BitBet and MPex analysis on btcalpha, you claim these are "zero-asset company". I don't think this term is appropriate as they hold at the very least intangible assets such as goodwill resulting from their userbase and the reputation among other things
18:02 pankkake well then is there such a thing as a zero asset company?
18:02 mike_c i possibly made up that term as a differentiator from mp's "nonzero asset corporation"
18:02 mike_c http://trilema.com/2013/accounting-for-the-nonzero-asset-corporation-the-mpex-standard/
18:02 ozbot Accounting for the nonzero asset corporation. The MPEx standard. pe Trilema - Un blog de Mircea Pope
18:03 mike_c ah, no, i didn't make it up
18:03 mike_c "This accounting system is not intended for zero asset corporations"
18:04 mike_c i better term might be "zero tangible assets company", but that is a mouthful.
18:04 Apocalyptic yeah was thinking about that exact formulation
18:05 pankkake virtual assets company
18:09 Apocalyptic <pankkake> well then is there such a thing as a zero asset company? // how would you define it ?
18:09 mike_c it's defined as 0 book value.
18:09 pankkake yeah… lol
18:09 Apocalyptic according to http://answers.yahoo.com/question/index?qid=20071005223326AAxjjiN it's related to a holding company, weird
18:09 diametric pankkake: this thread is amazing. i just started reading back through the posts on it.
18:09 assbot AMAZING COMPANY!
18:09 diametric people are really convinced mircea_popescu is a scam artist
18:10 diametric its hilarious
18:10 Apocalyptic "Usually a holding company is an asset-less company" what, I thought a holding company holds share of other companies, which are classified as assets
18:10 pankkake that's not really bothering me. I wouldn't pay the 30 BTC fee myself, nor do I desire to hold MPOE
18:11 pankkake but the complete refusal to understand what things are…
18:11 pankkake I have my opinion, and I'm going to say dumb shit till the end
18:11 pankkake no matter how stupid it makes me look
18:11 pankkake and those guys defend scams to the death
18:12 Apocalyptic pankkake, because in their mind there is no way they could ever be wrong
18:12 pankkake so you don't want on mpex anyway
18:12 pankkake +them
18:12 pankkake but being wrong is how you learn!
18:13 Apocalyptic once you admit it
18:13 Apocalyptic and realise you actually are wrong
18:13 pankkake then you are not wrong
18:13 pankkake that's how I'm always right
18:17 assbot [HAVELOCK] [HMF] 21 @ 0.02510002 = 0.5271 BTC [-] {4}
18:25 Duffer1 "Actually useful websites like crypto-trade or havelock as well as coloured coins will continue to gain traction as this shitty scheme dies out."
18:25 Duffer1 professional grade trolling right there
18:30 assbot [HAVELOCK] [SFI] 161 @ 0.001 = 0.161 BTC [+]
18:34 mircea_popescu diametric it's a convenient conviction.
18:35 mircea_popescu Apocalyptic the "zero asset" thing is a term of art. a company that retains none of its income but distributes it all as dividends.
18:36 mircea_popescu it has a better risk profile for the bitcoin investor than the alternative (if you review the early history of btc scams, 2011s, you'll see most corps turned scams once the "ceo" confronted the problem of "we have cashflow. what to do with that cash ?".
18:36 mircea_popescu somehow "distribute it" never comes to mind. a problem fiat shares, for that matter. (buffett has some great comments on the topic)
18:46 Namworld Comments? Is there readily availabe sources to read about that?
18:56 assbot [HAVELOCK] [DEALCO] 262 @ 0.003889 = 1.0189 BTC [+]
18:56 dub http://in.reuters.com/article/2014/01/14/usa-medicare-pumps-idINL2N0KO02720140114
18:56 ozbot UPDATE 1-Penis pumps cost U.S. government millions, watchdog cries waste
18:57 dub life imitates art
19:02 Duffer1 when uncle sam is paying there's always some asshole chargint them double
19:04 kakobrekla ;;later tell mike_c yes.
19:04 gribble The operation succeeded.
19:05 assbot [MPEX] [S.MPOE] 8036 @ 0.00084313 = 6.7754 BTC [+]
19:05 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
19:06 mircea_popescu Namworld about what you mean ?
19:10 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
19:10 assbot [MPEX] [S.MPOE] 15100 @ 0.00084313 = 12.7313 BTC [+]
19:17 assbot [HAVELOCK] [SFI] 2003 @ 0.001 = 2.003 BTC [+]
19:28 assbot [MPEX] [S.MPOE] 6382 @ 0.00084251 = 5.3769 BTC [-]
19:29 nubbins` hi
19:35 Namworld Buffett's comments on the topic
19:36 assbot [MPEX] [S.MPOE] 11800 @ 0.00084021 = 9.9145 BTC [-]
19:37 assbot [MPEX] [S.MPOE] 6418 @ 0.00084021 = 5.3925 BTC [-]
19:41 assbot [HAVELOCK] [SFI] 36832 @ 0.001 = 36.832 BTC [+]
19:49 assbot [HAVELOCK] [CBTC] 1570 @ 0.0000902 = 0.1416 BTC [-]
19:52 assbot [HAVELOCK] [PETA] 40 @ 0.0499999 = 2 BTC [+] {2}
19:57 truffles any challengers?
19:58 Namworld challengers?
19:58 truffles chess
19:58 Namworld I still want to complete that chess tournament
19:58 Namworld I did the first game with BingoBoingo
19:58 BingoBoingo Namworld: Well, you v truffles
19:58 truffles doesnt have to be in tourny
19:59 Namworld Well there's a tournament
19:59 BingoBoingo Yeah.
19:59 Namworld Ok, if you play against 2 other players too in the tournament
20:00 truffles boingo if u hit "go live" at chess.com it lets timer
20:01 BingoBoingo lats timer?
20:01 mircea_popescu Namworld well now i don't know, i read the stuff in a paper book a while ago. lettuce see
20:01 Namworld ah, paper book. Too bad.
20:01 truffles ya, like 5 min, 10 etc
20:02 Namworld We can play live right here in this channel
20:02 Namworld Just announce moves. Any board can do.
20:03 truffles who goes 1st
20:03 Namworld gribble can toss a coin
20:03 nubbins` ^^^
20:03 Namworld Choose side
20:03 nubbins` ;;flip
20:03 gribble Error: "flip" is not a valid command.
20:03 nubbins` i mean
20:03 nubbins` ;;coin
20:03 truffles heads
20:03 gribble tails
20:03 truffles boo
20:03 nubbins` heh
20:04 Namworld Choose sidenubbins doesn't count
20:04 nubbins` ;D
20:04 truffles heads
20:04 nubbins` <--interloper
20:04 Namworld ;;coin
20:04 gribble tails
20:04 truffles dam coin!
20:04 nubbins` sometimes i suspect ;;coin is just ;;echo tails
20:04 Duffer1 coin hates you bro
20:04 BingoBoingo ;;coin
20:04 gribble heads
20:04 Namworld You get to choose the side you want
20:04 truffles srsly
20:04 nubbins` so i sold a 0.5btc casascius coin for 6btc earlier today
20:04 Namworld Erhm I mean I get to
20:04 truffles me?
20:05 truffles go
20:05 Namworld I take blacks
20:05 Namworld You start your move
20:05 Duffer1 grats nubbs
20:05 Namworld I use this: http://www.caissa.com/chess-tools/pgn-editor.php
20:05 Namworld Make some nice gifs of the games
20:05 nubbins` thanks, feels good. first one i've sold in a few months
20:05 truffles e4
20:05 nubbins` first of that type, anyway
20:06 truffles so uh i hope there isnt intermission in this
20:06 Namworld e5
20:06 nubbins` you know what they say about hope
20:06 nubbins` ;;google you know what they say about hope
20:06 gribble You know what they say about hope. It breeds eternal ... - Goodreads: <https://www.goodreads.com/quotes/409872-you-know-what-they-say-about-hope-it-breeds-eternal>; Quote by Sara Shepard: You know what they say about hope. It ...: <http://www.goodreads.com/quotes/315904-you-know-what-they-say-about-hope-it-breeds-eternal>; Pretty Little Liars - Wikiquote: (1 more message)
20:07 truffles Bb5
20:07 nubbins` so close, just a word short
20:07 truffles this pace is a bit..
20:07 truffles slow
20:08 KRS1 wut
20:08 Namworld a6
20:08 truffles im sick n tired of these slow movers
20:08 Namworld I'll try to speed up
20:08 truffles a4
20:09 Namworld axb5?
20:09 dub #bitcoin-assets-chessnerds?
20:10 truffles u said a6?
20:10 nubbins` jeez, don't be so demanding
20:10 truffles so im on a4
20:10 nubbins` glad i didn't play with you ;(
20:11 truffles cant take my bishop yet?
20:11 truffles oh i shouldve typed Ba4?
20:11 BingoBoingo truff, yeah anything but a pawn needs further specification
20:12 Namworld Yeh moved your bishop, Bb5. Do you even have a board in front of you?
20:12 nubbins` heh.
20:12 truffles so what is the ruling on that
20:12 nubbins` the ruling is that you guys roll back a few moves and get your shit together
20:12 nubbins` also
20:12 nubbins` whoever is white should be numbering their moves
20:13 Namworld Start again with http://www.caissa.com/chess-tools/pgn-editor.php to track moves
20:13 nubbins` e.g.: 1. e4
20:13 Namworld The moves will be accurate and the same for each
20:13 truffles sigh
20:13 nubbins` 2. Bb5, etc
20:13 assbot [HAVELOCK] [HMF] 10 @ 0.0248 = 0.248 BTC [-] {2}
20:13 assbot [HAVELOCK] [NEOBEE] 215 @ 0.00265948 = 0.5718 BTC [-] {10}
20:13 nubbins` makes it a lot less confusing
20:13 truffles typing things by hand so
20:14 truffles begin again?
20:14 assbot [HAVELOCK] [NEOBEE] 113 @ 0.00244437 = 0.2762 BTC [-] {5}
20:14 Namworld Let's register on caissa and play live chess
20:15 truffles :D
20:15 truffles no chess.com acct?
20:15 Namworld No. Do they provide replays of games?
20:15 BingoBoingo Namworld chess.com lets you download pgn's so yeah
20:15 truffles Boingo provided pastebin of our last game so?
20:16 Namworld BingoBoingo already played you?
20:16 truffles ya 1-2
20:17 truffles r u registering or ?
20:17 assbot [HAVELOCK] [SFI] 935 @ 0.001 = 0.935 BTC [+]
20:18 Namworld I'm registering on chess.com
20:18 truffles yay
20:18 Namworld How do we play against each other now?
20:18 truffles invite by alias or email
20:19 assbot [MPEX] [S.MPOE] 22800 @ 0.00084253 = 19.2097 BTC [+]
20:25 assbot [HAVELOCK] [SFI] 1213 @ 0.001 = 1.213 BTC [+]
20:25 assbot [MPEX] [S.MPOE] 14982 @ 0.00084231 = 12.6195 BTC [-] {2}
20:26 truffles Namworld still thinks this chess.com game will be valid :D
20:26 BingoBoingo truffles well, it would be if you post some PGN
20:26 truffles i c
20:27 BingoBoingo I believe as long as there is someting verifiable it should be good.
20:29 truffles gonna try not to make noob mistake for future challengers
20:30 assbot [HAVELOCK] [PETA] 5 @ 0.04999998 = 0.25 BTC [+]
20:38 assbot [MPEX] [S.MPOE] 10386 @ 0.00084101 = 8.7347 BTC [-] {2}
20:45 Apocalyptic who's got a chess.com account ?
20:45 truffles every1
20:45 Apocalyptic i feel like playing chess tonight
20:45 truffles wanna play timed ?
20:46 truffles obv not this moment
20:46 Apocalyptic yeah, let me remember my password first
20:46 truffles either namworld is thinking or disconnected :(
20:46 Apocalyptic timed != live ?
20:47 truffles well u have to go to live chess to get the timers
20:47 Apocalyptic what's your nick truffles ?
20:47 truffles id like 10min, no increment
20:47 truffles trufss
20:47 Apocalyptic seems good
20:47 truffles might as well since he's not here
20:48 assbot [MPEX] [S.MPOE] 28200 @ 0.00084396 = 23.7997 BTC [+]
20:49 Apocalyptic Albania really ?
20:49 truffles lol
20:49 truffles u sent invite?
20:50 truffles havent figured out this yet
20:50 dub elbownia
20:50 Apocalyptic yep
20:52 Apocalyptic hum I actually have some decent ratings there
20:52 truffles how do u add time to it
20:53 Apocalyptic go to live chess
20:53 truffles ya i always get randoms!
20:53 Apocalyptic you should see me on the friend tab
20:53 truffles nope, u start it
20:54 Apocalyptic http://live.chess.com/
20:54 ozbot Play Chess Online - Free Chess Games at Chess.com
20:54 Apocalyptic I could if you were there
20:54 truffles refresh
20:55 truffles ok
20:58 truffles dangit!
20:59 truffles u missed that 1 :D
21:00 Apocalyptic blunder :)
21:00 truffles no2
21:01 Namworld I'm back truffles, sorry
21:02 truffles 2 mins
21:02 decimation Buffet is a famous dividend hater. Partially because of dividend tax treatment in the US, and partially because he believes in reinvesting in the company or buying back shares.
21:03 decimation Most fiat companies use buybacks to pump up the stock price as ceo's sell their own shares
21:03 Apocalyptic ^
21:04 Apocalyptic dat fork truffles
21:04 truffles ugh
21:04 Apocalyptic heh, good game
21:04 truffles rematch soon
21:04 Apocalyptic now what did I miss ?
21:04 Apocalyptic <truffles> dangit!
21:04 Apocalyptic <truffles> u missed that 1 :D
21:04 truffles queen x knight
21:05 Apocalyptic what move # ?
21:05 truffles around 10
21:05 Apocalyptic oh 9.
21:05 Apocalyptic yeah... I was blind
21:05 Apocalyptic anyway since I took the knight i just had to trade to ensure a clear win
21:05 truffles sigh i forgot what i was doing with namworld now lol
21:06 Apocalyptic is he any good ?
21:06 Apocalyptic oh no I see
21:06 truffles dunno yea
21:06 Apocalyptic it was a bait truffles
21:06 truffles yet
21:06 truffles shhh
21:06 Apocalyptic if I took the night you would win my queen
21:07 Apocalyptic after Re1 my queen would have been pinned
21:07 assbot [MPEX] [S.MPOE] 314 @ 0.00084396 = 0.265 BTC [+]
21:07 truffles u think so?
21:08 Apocalyptic i'm certain
21:08 Apocalyptic see for yourself, but it's a typical tactic called pin
21:08 truffles uh huh
21:08 Apocalyptic my queen cannot move before it would expose my king to direct check from your rook
21:09 truffles not visualizing that game
21:09 Apocalyptic my only sane move is to take the rook, and I lose the queen at the next move
21:09 Apocalyptic i'm talking about our game
21:09 truffles im in a bad position already with namworld!
21:09 Apocalyptic Namworld, what's your chess.com nick ?
21:10 truffles click my name u can see the match
21:10 Apocalyptic that's the thing, i can't
21:10 Apocalyptic since it's not a live one
21:18 Apocalyptic Namworld is taking ages...
21:18 truffles standard
21:20 Apocalyptic i recreated a game
21:24 mircea_popescu .d
21:24 ozbot 1789546951.05324 | Next Diff in 1693 blocks | Estimated Change: 14.7893% in 10d 0h 14m 13s
21:30 assbot [HAVELOCK] [HMF] 12 @ 0.02499998 = 0.3 BTC [+] {2}
21:38 assbot [HAVELOCK] [SFI] 7370 @ 0.001 = 7.37 BTC [+]
21:44 assbot [HAVELOCK] [AM1] 1 @ 0.532 BTC [+]
21:44 truffles gg
21:45 assbot [HAVELOCK] [SFI] 531 @ 0.001 = 0.531 BTC [+]
21:47 assbot [MPEX] [S.MPOE] 6617 @ 0.00084042 = 5.5611 BTC [-]
21:47 Namworld I have conceded
21:47 Namworld I've played awfully
21:51 Namworld I shall be away for a while
21:55 assbot [HAVELOCK] [DEALCO] 41 @ 0.00370463 = 0.1519 BTC [-] {2}
21:58 decimation Assuming btc continues to become more valuable at its current rate, what capital activity will return more future value than simply holding Bitcoin?
21:58 decimation This seems to be the central question of bitcoin finance.
21:59 Apocalyptic indeed decimation
21:59 Duffer1 gambling and drugs
21:59 decimation well, mining and gambling in bitcoin come to mind
21:59 Apocalyptic and so far i think it's holding bitcoin that is most profitable
21:59 decimation as in, mining bitcoin
21:59 Duffer1 mining isn't profitable
22:00 decimation Well, it depends on your assumptions
22:00 Duffer1 maybe if you owned stock in the manufacturer you'd do well
22:00 decimation If btc surprises to the upside again, then mining might be retrospectively valuable
22:00 decimation only if the manufacturer's stock were denominated in bitcoin
22:00 Duffer1 but not as valuable as just buying btc and holding for that same perior
22:00 Duffer1 period
22:01 decimation that's likely the case, I agree.
22:01 nubbins` having a brutal time installing ubuntu on this netbook
22:02 decimation If you can purchase a miner in bitcoin though, that counts as a bitcoin investment
22:02 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
22:02 decimation if you don't wish to buy with fiat for whatever reason
22:02 nubbins` technically purchasing a miner with btc is a bitcoin divestment
22:02 decimation true
22:02 nubbins` not only technically but practically, too
22:03 decimation it's really a bet that the difficulty won't go up as much as everyone hopes/fears in the future
22:03 decimation a long bet
22:04 Duffer1 btc -> fiat -> vps mine shitaltcoin#1361235 -> dump on sucker on craptsy = more btc than you started with
22:04 decimation heh
22:04 decimation well scams are always profitable
22:04 decimation as long as you can find a greater fool
22:04 truffles http://pastebin.com/embed_iframe.php?i=q9vr8LT4 the match
22:04 nubbins` risk being that you're the greatest fool
22:05 decimation indeed
22:05 nubbins` someone's going to be left holding millions of dogecoin
22:05 assbot [HAVELOCK] [SFI] 200 @ 0.001 = 0.2 BTC [+]
22:05 decimation buying altcoin is like investing in silver
22:05 decimation anyone with common sense knows it's going to crash and burn
22:05 Duffer1 hehehe
22:05 BingoBoingo Well yeah, digging new silver is relatively cheap
22:06 decimation but you might convince a greater fool to buy your silver and make a profit
22:06 decimation right that's my point
22:06 Duffer1 titanium ftw
22:06 Duffer1 ^ not real advice
22:07 nubbins` cim/cif ftw
22:07 nubbins` ^ real advice
22:07 mircea_popescu speaking of the entire silver thing, what happened to pietilla, goat and usagi ?
22:07 mircea_popescu the three silversketeers
22:07 BingoBoingo First two still seem to be on the forum... who knows about Usagi anymore.
22:07 Duffer1 afaik goat's still working on his silver ltc project
22:08 nubbins` goat changed his name on the forums
22:08 nubbins` it's now uh, one sec
22:08 nubbins` "[Default Trust] is Tyrannically Centralized! (goat)"
22:09 mircea_popescu lol
22:10 BingoBoingo Dunno what people are up in arms about. Default Trust is just a user account on the forums that can be given negative trust
22:10 nubbins` Duffer1: i've got some lovely certificates designed for those
22:10 Duffer1 oh cool i didn't know you were involved
22:10 nubbins` nah, default trust is a list of people that, by default, all new users "trust"
22:11 nubbins` i.e. their feedback appears in the "trusted feedback" section of a user's trust page
22:11 BingoBoingo nubbins`: Well, they still implement the list by making it a user account and it can be given negative feeback just like any other.
22:11 nubbins` ah, interesting
22:12 nubbins` anyway, huge uproar about it all
22:12 BingoBoingo nubbins`: See here https://bitcointalk.org/index.php?action=trust;u=122551
22:13 nubbins` pretty silly idea
22:13 mircea_popescu nubbins` yeah, huge uproar in the sense that scammors are really butthurt there's some stuff they can't readily manipulate.
22:16 mircea_popescu https://bitcointalk.org/index.php?topic=416304.0
22:16 ozbot Anyone still waiting for an Avalon Batch 3 refund?
22:17 nubbins` heh, ;(
22:17 nubbins` this image popped up in one of the old avalon threads, i lel'd heavily
22:17 nubbins` http://i.imgur.com/gNguKJd.jpg
22:17 mircea_popescu the thick plot that keeps thickening
22:18 BingoBoingo So all of Yifu's Avalon coins would get flagged dirty in his coinvalidator anyways
22:18 mircea_popescu lol
22:18 mircea_popescu meanwhile, "Hi I am a 25 years old Italian boy. I entered the bitcoin about one year ago, so I am not so noob even if not expert."
22:18 nubbins` i entered the bitcoin
22:18 nubbins` it protested some, but it's a man's world
22:18 jborkl I blew a 1 and a 0 as I enteredbit
22:19 mircea_popescu entered the bitcoin
22:19 mircea_popescu i think ima use this line
22:19 nubbins` when did you enter the bitcoin?
22:19 mircea_popescu "baby spread wide, i'ma enter your bitcoin"
22:19 mircea_popescu your thebitcoin
22:20 nubbins` he entered the bitcoin forcefully and without mercy
22:21 asciilifeform anybody wonder how many people purchase miners just to launder coin?
22:21 Duffer1 interesting idea
22:22 BingoBoingo asciilifeform: Well Good ole Trendon did that
22:22 asciilifeform miner shits out the cleanest possible coin, so in principle if one's coin is 'dirty' enough, a miner might seem like a good investment.
22:22 nubbins` 50 cents on the dollar if you're lucky
22:23 asciilifeform a penny to the dollar is still better than the gasenwagen.
22:23 nubbins` true
22:23 mircea_popescu asciilifeform this is what "the community" didn't belive pirate's hash exchange was for.
22:23 BingoBoingo nubbins`: What you do is start a pool and pay out better than the other pools
22:23 truffles nubbins ure next
22:23 truffles ?
22:23 BingoBoingo nubbins`: No need to own the hardware yourself.
22:24 decimation what if mining guilds are doing this today?
22:24 asciilifeform as i understand, not too many people are presently concerned with dirt
22:25 asciilifeform other than the authors of the few most egregious heists
22:25 nubbins` ^
22:25 asciilifeform does anyone give a damn about coin history in those famous bars where people trade suitcases of benjamins for btc?
22:26 mircea_popescu https://bitcointalk.org/index.php?topic=413241.msg4506680#msg4506680 << more best friends for pankkake
22:26 ozbot IcyHash Pool/Spork985 refusing to produce or explain multiple missing coins
22:26 mircea_popescu "o you sent fiddy altcoins extra ? allow me to edit all the previous scamscreams!"
22:27 mircea_popescu asciilifeform all coins are and will remain equal. this is the concept known as fungibility.
22:27 Duffer1 wtf is a clockcoin?
22:27 mircea_popescu Duffer1 yes.
22:27 decimation is there a pool that publishes its accounting?
22:27 mircea_popescu "It sounds like you need a few slaps in the face to get in touch with society."
22:27 asciilifeform fungibility in this case is an ideal, not the actual reality on the ground (atoms of Au are fungible, btc aren't - at least, as presently implemented)
22:28 mircea_popescu decimation p2pool used to i think ?
22:28 nubbins` the bars i frequent are not the sort of places where one would bring a suitcase full of benjamins
22:28 mircea_popescu asciilifeform bitcoins are more fungible than gold ever was, in practice.
22:28 nubbins` maybe i'm frequenting the wrong bars ;(
22:28 assbot [HAVELOCK] [SFI] 485 @ 0.001 = 0.485 BTC [+]
22:28 mircea_popescu all those series on bars and so forth, they're kinda there to limit fungibility
22:29 asciilifeform i always thought it was a practical measure, to let people skimp on assaying
22:30 mircea_popescu this actually works as an argument. bitcoin needs no assaying, which makes it more fungible than something that does.
22:31 asciilifeform this much is true
22:31 asciilifeform but btc, unlike atoms of Au, has a public history, a fact that users ignore at their peril
22:31 decimation if it's discovered that your wallet directly traded with a known thief's wallet - you might have problems one day
22:32 BingoBoingo Well, if your gold was exposed to neutron radiation it may endanger your health one day
22:32 asciilifeform 'the magic gold glowed blue in the water.'
22:33 mircea_popescu explain this "you might have problems one day"
22:34 mircea_popescu if you spend time in a smoky room "you might have problems one day"
22:34 asciilifeform Der Ring des Nibelungen
22:34 asciilifeform (re: magic gold)
22:34 kakobrekla http://www.zerohedge.com/news/2014-01-14/wells-fargo-americas-largest-bank-market-cap-pushing-offer-bitcoin-services
22:34 ozbot Wells Fargo, America's Largest Bank By Market Cap, Pushing To Offer Bitcoin Services | Zero Hedge
22:34 nubbins` hm
22:34 mircea_popescu for that matter, discovering that your wallet directly traded with anyone is an exercise in impossibility.
22:35 asciilifeform this concern is more in line with 'spend enough time in a smoky enough room, and you'll choke'
22:35 mircea_popescu i tell you i don't see it.
22:35 mircea_popescu run me through a scenario where you actually identify such a "direct trade"
22:35 asciilifeform well, the trivial case:
22:36 nubbins` feds sieze wallet of Derp Pirate Roy
22:36 nubbins` last tx was 10k bitcoin to 1blahblah
22:36 asciilifeform 1) 0day 2) clean out 'mtgox' or the like 3) same coin is deposited in exchange acct. with truename next day 4) gasenwagen
22:36 nubbins` google search turns up whatever
22:36 mircea_popescu so what if google search turns up whatever ? i can make google show up a shaved baboon when you google for nubbins
22:36 mircea_popescu what of it ?
22:36 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
22:37 Duffer1 do it
22:37 asciilifeform man with at least the brain of a slug would attempt to clean the booty somehow
22:37 nubbins` heh
22:37 nubbins` that would be fun
22:37 nubbins` anyway, merge my thought with alf's
22:37 mircea_popescu asciilifeform let's go through this. mtgox wallet is emptied to address A.
22:37 mircea_popescu address A sends back to mtgox for credit ? the same bitcoin ?
22:38 asciilifeform well, let's have it be spent at 'coin bullion' (?) or the like.
22:38 nubbins` let's buy trilema credits with it
22:38 asciilifeform or buy a shipping container of whatever strange.
22:38 mircea_popescu and so i have to judge this situation where you say coinbullion googled your name and used it to cover their theft
22:38 mircea_popescu and coinbullion claims you're a haxxor ?
22:38 mircea_popescu i'm throwing it out, it can't be resolved.
22:39 asciilifeform traditional court might throw out the accusation. but courts are not the only mechanism for Having Problems.
22:39 asciilifeform the fellow who got pwned might have his own ideas about justice
22:39 mircea_popescu in which case we're back to your problems being widely abusable power, which is not a bitcoin thing.
22:40 mircea_popescu you could get fucked by some guy who thinks he saw you fucking his wife.
22:40 mircea_popescu or whatever.
22:40 asciilifeform it is entirely true, and a good point, that the blockchain can be used by a skilled conniver to point blame at some random third party.
22:41 BingoBoingo This sounds like the sort of case where BitBet could replace the court as a solution and to the laundering. Step one. Take positions on a Difficulty bet paying out to addresses with publicized different owners as well as addresses with unknown owners.
22:41 mircea_popescu moreover, there's no good reason to presume this is not happening at any point, nor particularly easy or even possible to prove so.
22:42 mircea_popescu bitcoin payments happen at order, without acceptance.
22:42 decimation what if one were to use a deterministic wallet address derived from retina features for instance
22:42 asciilifeform i vaguely recall the loot from various famous heists sitting quietly, never spent
22:42 asciilifeform why would that be?
22:42 mircea_popescu why not ?
22:42 mircea_popescu most btc sits quietly, never spent.
22:42 BingoBoingo decimation: That seems like a wallet I wouldn't want to use.
22:42 mircea_popescu it's what it likes to do. fiat runs and bitcoin rests.
22:43 mircea_popescu decimation even so, once an address is out it is public.
22:43 asciilifeform decimation: the problem with biometric-anything is that you shout your 'password' every time you touch something (or, in this case, look in an eyehole)
22:44 mircea_popescu well... for a pulse anyway
22:44 decimation indeed, it would be idiotic. But it would be difficult to deny that it's not your wallet
22:44 mircea_popescu but it would be stil lequally easy to deny that it's your transaction.
22:44 decimation true
22:44 mircea_popescu i can send you a bitcoin whether you wish to accept it or not, and whether you know or not
22:44 asciilifeform it's yours and the first person who sets you up to look through an eyehole.
22:44 mircea_popescu this was the nail that sunk the rota, practically.
22:45 mircea_popescu as citizen-judges didn't quite grok the abyss.
22:45 asciilifeform i recall some joker sent out a mountain of coin, a few satoshi at a time, to see where it gets consolidated
22:45 nubbins` asciilifeform: that's still happening
22:45 nubbins` one sec
22:46 nubbins` https://blockchain.info/address/1FFirnLctcZxVx5otnLNZ4dDGUkMBM4vNr
22:46 ozbot Bitcoin Address 1FFirnLctcZxVx5otnLNZ4dDGUkMBM4vNr
22:46 mircea_popescu https://bitcointalk.org/index.php?topic=318830.0 this is the funniest shit ever
22:46 ozbot Cease and Desist Letter to ASICSRUS
22:46 nubbins` well, not sure of the motivation
22:47 nubbins` but ~37btc dished out so far
22:47 nubbins` in 0.001btc increments
22:48 asciilifeform there's another answer to this
22:48 assbot [MPEX] [S.MPOE] 4800 @ 0.00084042 = 4.034 BTC [-]
22:48 asciilifeform (other than 'consolidation bait')
22:48 mircea_popescu http://www.nytimes.com/2014/01/15/us/nsa-effort-pries-open-computers-not-connected-to-internet.html?hp&_r=0
22:48 asciilifeform data storage!
22:48 mircea_popescu more from the "nsa killed my auntie" club
22:48 nubbins` data storage?
22:48 asciilifeform yes.
22:49 asciilifeform the addrs encode bits.
22:49 assbot [HAVELOCK] [SFI] 332 @ 0.001 = 0.332 BTC [+]
22:49 asciilifeform these may well be commands for a chumpnet.
22:49 benkay why not push coins across mpex?
22:49 nubbins` maybe. a few of the sends ended up on casascius rounds
22:49 asciilifeform the addrs are probably plucked out of the blockchain at random.
22:50 asciilifeform but with a useful pattern
22:50 nubbins` nod, search for funded addresses
22:50 mircea_popescu wouldn't the addrs actually be used as payload then ?
22:50 asciilifeform say, lower 8 bits encode payload fragment.
22:50 mircea_popescu why not use the whole thing ?
22:50 asciilifeform because then the tx can be flagged as weird
22:50 asciilifeform and, say, blockchain.info might decide to hide it
22:51 mircea_popescu wait what ?!
22:51 mircea_popescu how did you figure that ?
22:51 asciilifeform who wouldn't love to see the server log for https://blockchain.info/address/1HrMpG9JZ71gzXHPdyo2dwcExhKRGtBjQg# ?
22:51 mircea_popescu obviously you use a valid address
22:51 mircea_popescu that's not much restriction.
22:51 asciilifeform the tx needs to be algorithmically indistinguishable from a 'civilian' tx
22:51 asciilifeform ideally the valid addr belongs to someone else
22:51 mircea_popescu yes, which only means it has the checksum and starts with 1
22:51 asciilifeform someone with a perfectly 'organic' usage pattern.
22:52 mircea_popescu eh get out, new addresses get used all the time
22:52 mircea_popescu there's no benefit in using some "organic" address. nor does this actually exist.
22:52 asciilifeform sure. but the idea is, let's say AV firm goes to blockchain.info and says
22:52 asciilifeform 'don't show these. this is a chumpnet artist'
22:52 asciilifeform what's the best way to make them say 'goto hell' ?
22:52 mircea_popescu it can say whatever the hell it wants. every time you make a payment a fraction is sent to a wholly new address
22:52 asciilifeform answer: use civilian addrs.
22:52 mircea_popescu completely indistinguishable from any address this guy'd make
22:53 asciilifeform this is also a handy way to store bits in the chain that will never, under any conceivable scheme, get 'pruned.'
22:53 mircea_popescu old txn past the checkpoint may get pruned eventually.
22:54 asciilifeform dollars to doughnuts, the receiver for these broadcasts doesn't implement a full node
22:54 mircea_popescu you know how checkpoints work ?
22:54 asciilifeform it almost certainly fetches from blockchain.info or the like.
22:57 assbot [HAVELOCK] [SFI] 206 @ 0.001 = 0.206 BTC [+] {2}
22:57 asciilifeform yes, i know about checkpoint; hence the need to rebroadcast periodically.
22:57 asciilifeform this is just one possible explanation, of course
22:58 asciilifeform far more likely is the traditional hypothesis (bait), or a simple laundry.
22:58 nubbins` silly laundry sending coins to other people's addresses
22:58 KRS1 .bait
22:58 asciilifeform like the proverbial kid who sneaks into the school computer to change grades
22:58 ozbot http://25.media.tumblr.com/tumblr_m82tlgsiWG1qdoxp5o1_1280.jpg
22:59 asciilifeform he damn well knows he needs to change many, not only his own
22:59 nubbins` fair
23:00 decimation heh. If someone were to steal all the btc from mtgox and distribute them to the last 1,000 addresses that mined at least one block would be considered a hero
23:00 asciilifeform 'robin hood' is good fun so long as you're on the correct end of him, yes
23:01 assbot [MPEX] [S.MPOE] 26700 @ 0.00084075 = 22.448 BTC [+]
23:01 mircea_popescu the moral here is that willy-nilly bitcoin will bring about deep and far reaching changes in human society, culture and mentality.
23:01 mircea_popescu what property means and what remedies for theft are will change.
23:02 asciilifeform 'the cold equations.'
23:02 mircea_popescu much in the way what tax means and what taxation entails will change,
23:02 decimation indeed
23:02 mircea_popescu much in the way what law and the courts are will change and so on
23:02 decimation how can a government promise to pay more bitcoin than exists for instance?
23:02 asciilifeform seems almost certain that the days in which you needed to corner somebody in the flesh to collect a tax, will come back.
23:02 mircea_popescu decimation that's a subset of "how can public companies be worth more than 20mn btc. they can."
23:04 decimation true
23:04 mircea_popescu just as long as the promise isn't to pay in specie and in one go, it still can stand.
23:04 decimation but the lack of an implicit printing press will surely encourage the investors to be more skeptical
23:04 decimation implicit promise to bailout I mean
23:04 mircea_popescu even in practice, in the 1800s multiple governments owed more gold than was actually available in the world at the time
23:05 decimation well that didn't work out well for germany
23:05 mircea_popescu this didn't always and didn't necessarily result in a default
23:05 decimation or the UK
23:05 mircea_popescu tho it oft resulted in wars
23:05 asciilifeform wouldn't that be more like owing 'MAX_INT' gold?
23:05 nubbins` decimation: germany is doing just fine ;p
23:05 decimation well, it also caused the US to abandon gold
23:05 asciilifeform sort of how the average american owes MAX_INT dollars to somebody or other.
23:06 decimation although it was mostly fiction anyway at that point
23:06 mircea_popescu that wasn't in the 1800s
23:06 decimation yeah I'm thinking WWI
23:06 mircea_popescu in the 1800s the us was a bit player, fighting with mexico over the silver export to china
23:06 mircea_popescu sort of like today's ukraine or what have you.
23:07 nubbins` old women holding mirrors up to riot police
23:07 decimation indeed, lincoln started the fiat craze to fund his religious war
23:07 mircea_popescu o, you figure cause southerners weren't protestant enough ?
23:08 mircea_popescu or not the proper type of dour ?
23:08 BingoBoingo mircea_popescu: Southerners weren't poor enough
23:08 asciilifeform decimation: there was precedent. plenty of u.s. localities had local crackpot fiats
23:09 decimation yeah, banking back then was pretty much like trusting bitcointalk scammers with your money
23:09 asciilifeform where banking today is a little more like trusting mtgox with it
23:09 nubbins` heh
23:10 nubbins` http://en.wikipedia.org/wiki/Newfoundland_dollar
23:10 ozbot Newfoundland dollar - Wikipedia, the free encyclopedia
23:10 nubbins` fun fact, my grandmother was born a british citizen, never left her hometown, and died a canadian citizen
23:10 KRS1 When can I start trading pokemon and magic: the gathering on MtGox
23:10 decimation ascii - solzhenitzyn said that they were meat wagons (in the end of The First Circle)
23:11 decimation gasenwagon must come from East Germany or something
23:11 mircea_popescu nubbins` that's nothing, plenty of old women around the balkans shed 5-6-7 nationalities
23:11 nubbins` ha, too true
23:11 nubbins` nationalities that still exist tho?
23:12 asciilifeform gasenwagen - russian corruption of 'gaswagen' - in actuality, merely a truck powered by coal gas (wood stove bolted on the back, pumps out CO, which you can just barely run an engine on.)
23:12 decimation lol
23:12 asciilifeform these trucks are often confused, by amateur historians, for the famous mobile gassers
23:12 mircea_popescu nubbins` sort-of, not rly
23:12 mircea_popescu austro hungarian, yugoslavian etc
23:12 nubbins` ah, nod
23:13 asciilifeform http://upload.wikimedia.org/wikipedia/commons/6/64/Bundesarchiv_Bild_183-V00670A,_Berlin,_Auto_mit_Holzgasantrieb.jpg
23:13 mircea_popescu as there's only 20 years between the two wars, and plenty of locales changed hands multiple times... it happens.
23:13 assbot [MPEX] [S.MPOE] 12000 @ 0.00084107 = 10.0928 BTC [+] {2}
23:13 decimation anyway, to mp's original point about change, I think there is a fundamental truth about human nature. Humans require suffering to calibrate their joy
23:13 asciilifeform i'm told there are a few in finland that still work. perhaps reptilia owns one
23:14 mircea_popescu dude this guy... is he courting me personally ?
23:14 nubbins` the referendum to join canada was passed with a scant 52% voting yes
23:14 mircea_popescu first with the lincoln, now with the spankings...
23:14 decimation no, what I mean is that the fiat regime allows the delusion of infinite wealth
23:14 decimation humanity gets dumb, fat, lazy
23:15 mircea_popescu decimation yeah well, i've been saying this to everyone's exhaustion for the past coupla years or w/e.
23:15 mircea_popescu we just agree too much.
23:15 decimation heh
23:15 Duffer1 forced participation in welfare systems does not equal lethargy
23:16 mircea_popescu Duffer1 but what's forced mean ?
23:16 Duffer1 unable to sustain without
23:16 assbot [HAVELOCK] [SFI] 364 @ 0.001 = 0.364 BTC [+]
23:16 mircea_popescu that's not forced, that's mere convenience.
23:17 Duffer1 it's survival
23:17 mircea_popescu well that it may be, sure.
23:20 assbot [HAVELOCK] [SFI] 10000 @ 0.001 = 10 BTC [+]
23:20 mircea_popescu problem with this approach is that if you follow it you'll end up filing rape charges against the only woman that'd have you
23:21 mircea_popescu because clearly she forced you through your lack of other options.
23:21 Duffer1 :P
23:21 decimation for instance, the gasenwagen picture supplied by ascii. It's amazing to me that someone with the mechanical competence to assemble such a contraption would be unable to buy a few gallons of fuel
23:21 assbot AMAZING COMPANY!
23:21 mircea_popescu decimation there's no requirement that fuel availability and mechanical complexity relate in any particular proportion.
23:22 mircea_popescu most populations were unable to acquire a few pounds of iron,
23:22 mircea_popescu notwithstanding their astounding other accomplishments,
23:22 mircea_popescu and so got trampled underfoot by those with better meteoric exposure.
23:22 mircea_popescu hence the famous "the iron! oh my god the iron!"
23:24 assbot [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
23:26 asciilifeform 'tiger' tank is even more complex.
23:26 asciilifeform what of it.
23:30 decimation well, like bitcoin, the Werhmacht's fuel supply was theirs to lose
23:37 KRS1 .bait
23:37 ozbot http://24.media.tumblr.com/tumblr_m8u5cyYHuw1rr6uq1o1_500.jpg
23:38 KRS1 uh heh
23:38 nubbins` haha
23:53 nubbins` hm, trying to run ubuntu from usb, gets as far as "Stopping enable remaining boot-time encrypted block devices [OK]" and stops
23:53 nubbins` tty1-6 offer command prompts
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