Show Idle (>14 d.) Chans


← 2014-03-10 | 2014-03-12 →
00:01 assbot [HAVELOCK] [PETA] 25 @ 0.06899603 = 1.7249 BTC [-] {6}
00:04 asciilifeform mircea_popescu: the 'entropy' link was epic. author deserves some kind of medal. 'Order of Golden Turd, First Class' ?
00:06 mircea_popescu which one is this ?
00:06 asciilifeform i don't think i've ever read such an artful piece of disinfo
00:06 asciilifeform http://www.2uo.de/myths-about-urandom
00:06 ozbot Myths about /dev/urandom
00:07 mircea_popescu moiety yes i am.
00:07 mircea_popescu o that. well... his gross point re random/urandom has some validity
00:07 asciilifeform or the linked:
00:07 asciilifeform http://blog.cr.yp.to/20140205-entropy.html
00:07 ozbot cr.yp.to:
00:07 mircea_popescu tbh i figure it's just random kid that overheard the adults talking and ran off with whatever he misunderstood of it
00:08 asciilifeform watch where he proposes a pill against the recent (theretical) break of lattice crypto.
00:08 mircea_popescu o look, moiety is actually kinda cute irl, if somewhat upside down
00:10 asciilifeform it's not a kid, the bastard knows what he's doing.
00:11 asciilifeform or rather, what he wishes us to do.
00:11 mircea_popescu what'd that be ?
00:12 asciilifeform running off prng, for one
00:12 assbot [HAVELOCK] [AM1] 1 @ 0.60999999 BTC [+]
00:13 asciilifeform this chap is not a schneier, he's an 'fda grade-A' mathematical judas goat.
00:13 mircea_popescu let's consider some fun facts together : gpg takes ~5 minutes to generate a 2k key
00:13 mircea_popescu bitcoind/qt take 0 seconds to generate a new address.
00:13 assbot [MPEX] [S.MPOE] 17250 @ 0.00086746 = 14.9637 BTC [-] {4}
00:14 Mats_cd03 .bait
00:14 ozbot http://24.media.tumblr.com/faf83800206c12c27f60c7a286a61fa7/tumblr_meuv4isDQ81rzw5ydo1_500.jpg
00:14 mircea_popescu then people derp about how incredible secure bitcoin addressing is
00:14 mircea_popescu sure, it *could* be.
00:14 asciilifeform ecc remains mystery meat.
00:14 asciilifeform yeah, we've been eating it, no ill effects - so far.
00:15 mircea_popescu but leaving that aside for a moment, bitcoin runs off prng
00:16 asciilifeform bad rng is not a magical instant death
00:17 mircea_popescu artifexd nubbins` bloctoc well, that artifex guy in the wot has all his ratings during may/june of 2011
00:17 asciilifeform attack against rng should be seen as 'part of a balanced diet' of pwnage
00:17 mircea_popescu most likely someone stole the nickserv reg
00:17 mircea_popescu !t h neobee
00:17 assbot [HAVELOCK:NEOBEE] 1D: 0.00301000 / 0.003579 / 0.00425000 (33532 shares, 120.01086616 BTC), 7D: 0.00301000 / 0.00401661 / 0.00497520 (116451 shares, 467.73874230 BTC), 30D: 0.00261000 / 0.00439242 / 0.00600000 (621992 shares, 2732.04948959 BTC)
00:17 mircea_popescu honeymoon over huh
00:18 artifexd About an hour ago someone dumped 20k+ shares and emptied the orderbook from .004 to .003.
00:18 benkay !t h rent
00:18 assbot [HAVELOCK:RENT] 1D: 0.00586004 / 0.00626295 / 0.00662900 (296 shares, 1.85383408 BTC), 7D: 0.00550000 / 0.00557609 / 0.00900001 (29516 shares, 164.58401921 BTC), 30D: 0.00550000 / 0.00553635 / 0.00900001 (61796 shares, 342.12401921 BTC)
00:19 mircea_popescu artifexd news or something ?
00:19 artifexd Not that I know. I've looked and didn't find anything.
00:19 assbot [MPEX] [S.MPOE] 11550 @ 0.0008672 = 10.0162 BTC [-]
00:19 mircea_popescu cbg resigned i see
00:20 mircea_popescu turks claim they're coming to terms with the greeks
00:21 mircea_popescu what sort of a twisted joke is having your central bank run by a guy whose name is panicos
00:21 chetty_ http://www.theblaze.com/stories/2014/03/10/the-messages-on-these-condom-wrappers-were-deemed-too-sexually-suggestive-to-hand-out-to-high-schoolers/
00:21 ozbot The Messages on These Condom Wrappers Were Deemed Too Sexually Suggestive to Hand Out to High School
00:21 assbot [HAVELOCK] [NEOBEE] 277 @ 0.00357557 = 0.9904 BTC [+] {7}
00:22 mircea_popescu chetty_ lmao, what are they supposed to say, "o hi, this is just a baloon" ?
00:23 chetty_ makes as much sense as most things - which is to say - none
00:24 mircea_popescu https://twitter.com/momsmt/status/440987057775575040 << this is the twe4et in question
00:24 ozbot Twitter / momsmt: Free condoms @bostonschools ...
00:24 mircea_popescu why am i reading in the blaze about what some nobody said ?
00:24 mircea_popescu is it because the blaze is trying to fish for imaginary controversy ?
00:25 Duffer1 that's kinda their thing
00:25 benkay i met an ex-teacher while drinking beers after closing a deal the other day. he mentioned teaching sex-ed in an abstinence-only situation, and when I asked him "so how do you actually teach them?!" he said something along the lines of "well the smart ones can read between the lines"
00:25 benkay this dodges entirely the question of how to educate the idiots who aren't reading, much less inferring.
00:26 Duffer1 it's glen becks bullshit factory
00:26 mircea_popescu sex ed should basically consist of assisted fucking. "now all the girls take off their clothes. give your panties to the boy you'd like to fuck you"
00:26 mircea_popescu "now all the boys take off their clothes. put your condom on like so"
00:26 mircea_popescu "now go fuck"
00:27 benkay but the feeeewiiiings
00:27 mircea_popescu "don't push that way, more like this. there you go"
00:27 benkay "i didn't get any panties!"
00:28 mircea_popescu yeah, then mock all the teens that finish too early.
00:28 mircea_popescu benkay sluts obviously don't need further training.
00:29 chetty_ well all that time in sex ed they dont have to bother teaching hard stuff like maths
00:29 mircea_popescu if kids got laid once a week mandatorily maths'd prolly be a lot easier to teach
00:30 benkay fr srs
00:30 mircea_popescu oh, now i see the wisdom of what you said.
00:30 mircea_popescu i suppose the kids that don't get any panties for five weeks running are going to be gelded
00:30 mircea_popescu for free, sponsored by obamacare
00:31 Duffer1 obamacare is best care, comrade
00:31 benkay what, me wisdom?
00:31 mircea_popescu then all the testicles thus obtained could be canned into pet food, shipped to stray dog shelters
00:32 benkay <Duffer1> obamacare is best care, comrade << nice
00:32 assbot [HAVELOCK] [B.SELL] 5 @ 0.093389 = 0.4669 BTC [+] {2}
00:32 assbot [MPEX] [S.MPOE] 20350 @ 0.0008672 = 17.6475 BTC [-]
00:33 assbot [HAVELOCK] [B.EXCH] 2 @ 0.13311598 = 0.2662 BTC [-] {2}
00:33 mircea_popescu fun fact : the cypriot government pre-collapse ? communist.
00:34 Duffer1 http://www.nytimes.com/roomfordebate/2014/03/09/rethinking-the-40-hour-work-week/reduce-the-workweek-to-30-hours
00:34 ozbot Reduce the Workweek to 30 Hours - NYTimes.com
00:36 BingoBoingo Oh, some miner finally sold some ATC
00:38 mircea_popescu asciilifeform incidentally, do you readily know of a problem mersene might have as a crypto prng?
00:39 mircea_popescu https://twitter.com/DorianSatoshi/status/443094155921588224 this guy is pretty lulzy
00:39 ozbot Twitter / DorianSatoshi: @TheBitcoinWife Can you tell ...
00:44 nubbins` more testicles means more iron
00:45 nubbins` those "ONE" brand condoms have tons of different designs, it's their thing
00:45 nubbins` also impossibly difficult to open iirc
00:46 mircea_popescu nubbins` yeah i was thinking, who the fuck makes round wrappers
00:46 mircea_popescu the corners are there for a god damned purpose
00:46 nubbins` nod
00:46 benkay what, you need a perforated strip too?!
00:46 nubbins` "maybe if we package these tennis balls in a large sphere"
00:47 nubbins` benkay, go buy a pack of ONE condoms and open 'em all on your first try
00:47 nubbins` i dare ya
00:47 kakobrekla now we came to the roots of round corner hate.
00:48 mircea_popescu benkay for instance i hate the durex brand because not only they fit much too tightly, but uber-retarded wrapping.
00:48 mircea_popescu magnums are comfortable, the box is non-plastic and perforated, the individual wrappers tear easily.
00:48 mircea_popescu kakobrekla hahaha i guess you caught me
00:50 nubbins` the ones with the roomy tips are nice
00:51 mircea_popescu http://trilema.com/2011/cornul-abundentei-sau-ma-rog/
00:51 ozbot Cornul abundentei. Sau ma rog… pe Trilema - Un blog de Mircea Popescu.
00:51 nubbins` "The condoms should have had more realistic pictures on them. Such as a teenager laying in bed with a baby crying in the background and an alarm clock showing 2 am, or a teenager with a paper hat on cooking fries."
00:51 nubbins` heh
00:52 mircea_popescu wait, why are these realistic for condoms ?
00:52 nubbins` "get a job or you'll be asking people if they want fries with that" turns into "what are you, too good for a fast food job?" and people wonder why the kids are confused
00:52 mircea_popescu those should be the illustration on absent condoms
00:52 nubbins` mircea_popescu: because your sin pokes holes in them
00:53 mircea_popescu in who, in the girls ?
00:53 asciilifeform the illustration on absent condoms << 'sound of one hand clapping'
00:53 nubbins` the condoms!
00:53 mircea_popescu im confused.
00:54 nubbins` "Try these sayings: 1 Corinthians 6:18 Leviticus 18:22 Colossians 3:5"
00:54 nubbins` i actually won't try those sayings
00:54 mircea_popescu ;;google Corinthians 6:18
00:54 gribble 1 Corinthians 6:18 - Flee from sexual immorality. All other - Bible ...: <http://www.biblegateway.com/passage/?search=1+Corinthians+6:18>; 1 Corinthians 6:18 ESV - Flee from sexual immorality. Every - Bible ...: <http://www.biblegateway.com/passage/?search=1+Corinthians+6%3A18&version=ESV>; 1 Corinthians 6:18-20 - Flee from sexual immorality. All other - Bible ...: (1 more message)
00:54 nubbins` well, that's short and sweet
00:54 mircea_popescu derp.
00:54 nubbins` ;;google leviticus 18:22
00:54 mircea_popescu what's this, "How to be fucktarded, a guide" ?
00:54 gribble Leviticus 18:22 - “'Do not have sexual relations with - Bible Gateway: <http://www.biblegateway.com/passage/?search=Leviticus+18:22>; Leviticus 18:22 KJV - Thou shalt not lie with mankind, as - Bible ...: <http://www.biblegateway.com/passage/?search=Leviticus+18%3A22&version=KJV>; Leviticus 18:22 "'Do not have sexual relations with a man as one ...: (1 more message)
00:54 nubbins` ah, heh
00:55 mircea_popescu well... this leviticus is one i could get behind
00:55 mircea_popescu oops.
00:56 nubbins` afaik leviticus 18:22 instructs you not to fuck men in their pussies
00:56 nubbins` odd advice to give
00:56 assbot [MPEX] [S.MPOE] 37600 @ 0.000871 = 32.7496 BTC [+] {2}
00:56 nubbins` ;;google colossians 3:5
00:56 gribble Colossians 3:5 Put to death, therefore, whatever belongs to your ...: <http://biblehub.com/colossians/3-5.htm>; Colossians 3:5 KJV - Mortify therefore your members which - Bible ...: <http://www.biblegateway.com/passage/?search=Colossians+3:5&version=KJV>; Colossians 3:5 - Put to death, therefore, whatever - Bible Gateway: <http://www.biblegateway.com/passage/?search=Colossians+3:5>
00:57 nubbins` "Why doesn’t the school just go for broke and provide kids with alcohol and copies of the Kama Sutra"
00:57 mircea_popescu http://www.documentingreality.com/forum/attachments/f149/447815d1367782489-man-pussy-buck-20angel-20-283-29.jpg
00:57 assbot [MPEX] [S.MPOE] 5000 @ 0.00087206 = 4.3603 BTC [+] {2}
00:57 nubbins` the bible forbids it
00:57 nubbins` you have to fuck him in the ass
00:58 mircea_popescu imo it's her
00:59 nubbins` ya think?
01:00 mircea_popescu tis possible.
01:01 asciilifeform what illustration on absent parachutes !
01:02 mircea_popescu asciilifeform parasuta is, of course, yet another way to say whore in romanian.
01:02 asciilifeform ahahah!
01:02 mircea_popescu along with firecracker, rag and roadster
01:02 nubbins` ah, internet says f2m
01:02 mircea_popescu f2m ?!
01:02 nubbins` nod
01:02 mircea_popescu ;;ud f2m
01:03 gribble http://www.urbandictionary.com/define.php?term=f2m | f2m. 1. Technically stands for Female to Male AKA "FTM". 2. Describes someone born w/ a Female physical form who feels they are actually male & were born ...
01:03 ozbot Urban Dictionary: f2m
01:03 mircea_popescu aok
01:03 nubbins` http://4.bp.blogspot.com/-5cPTXau3a9c/UU1OznQqMeI/AAAAAAAApRs/4bqxtTnx8yI/s1600/131.jpg
01:03 mircea_popescu if anyone is looking for a crazy hard exercise of romanian translation, i dare recomend http://trilema.com/2009/nevoi/
01:03 mircea_popescu i'd rate it postdoctoral level.
01:04 nubbins` bed time
01:09 assbot [HAVELOCK] [NEOBEE] 58 @ 0.00368999 = 0.214 BTC [+] {2}
01:12 Mats_cd03 http://arstechnica.com/security/2014/03/can-this-70-dongle-stem-the-epidemic-of-password-breaches/
01:12 ozbot Can this $70 dongle stem the epidemic of password breaches? | Ars Technica
01:12 Mats_cd03 isnt this inferior compared to yubikey
01:17 assbot [HAVELOCK] [AM1] 1 @ 0.61 BTC [+]
01:18 assbot [HAVELOCK] [AM1] 2 @ 0.615 = 1.23 BTC [+]
01:19 assbot [HAVELOCK] [AM1] 7 @ 0.61971428 = 4.338 BTC [+] {4}
01:20 Mats_cd03 idk much about this crypto shit except that the dongle seems to have more entropy? feel free to chime in if you know anything
01:26 assbot [HAVELOCK] [NEOBEE] 40 @ 0.00375499 = 0.1502 BTC [+] {5}
01:26 assbot [HAVELOCK] [AM1] 6 @ 0.62798165 = 3.7679 BTC [+] {5}
01:27 benkay http://getpopcornti.me/
01:27 benkay amazed it took so long.
01:27 benkay ;;lasers
01:27 gribble ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
01:30 assbot [HAVELOCK] [AM1] 2 @ 0.62999 = 1.26 BTC [+]
01:31 assbot [HAVELOCK] [AM1] 4 @ 0.635 = 2.54 BTC [+] {3}
01:32 assbot [HAVELOCK] [AM1] 4 @ 0.641 = 2.564 BTC [+] {3}
01:33 assbot [MPEX] [S.MPOE] 16800 @ 0.00087427 = 14.6877 BTC [+] {3}
01:33 assbot [HAVELOCK] [AM1] 3 @ 0.643 = 1.929 BTC [+] {2}
01:35 assbot [HAVELOCK] [AM1] 1 @ 0.642 BTC [-]
01:36 assbot [HAVELOCK] [AM1] 7 @ 0.6468857 = 4.5282 BTC [+] {4}
01:37 assbot [HAVELOCK] [AM1] 11 @ 0.65000545 = 7.1501 BTC [+] {4}
01:38 assbot [HAVELOCK] [NEOBEE] 30 @ 0.00381932 = 0.1146 BTC [+] {5}
01:40 assbot [MPEX] [S.MPOE] 15300 @ 0.00087514 = 13.3896 BTC [+]
01:40 assbot [HAVELOCK] [AM100] 29 @ 0.00599112 = 0.1737 BTC [+] {3}
01:44 assbot [HAVELOCK] [NEOBEE] 80 @ 0.00360003 = 0.288 BTC [-] {3}
01:44 assbot [HAVELOCK] [AM100] 200 @ 0.00599709 = 1.1994 BTC [+] {5}
01:44 assbot [HAVELOCK] [AM1] 5 @ 0.647 = 3.235 BTC [-]
01:45 assbot [HAVELOCK] [NEOBEE] 79 @ 0.00355001 = 0.2805 BTC [-] {4}
01:46 assbot [HAVELOCK] [NEOBEE] 151 @ 0.00350793 = 0.5297 BTC [-] {6}
01:46 assbot [HAVELOCK] [AM100] 104 @ 0.006 = 0.624 BTC [+]
01:47 assbot [HAVELOCK] [AM100] 129 @ 0.00609897 = 0.7868 BTC [+] {2}
01:48 assbot [HAVELOCK] [AM100] 130 @ 0.0061 = 0.793 BTC [+]
01:48 antephialtic Mircea_Popescu: you should get Marc Andreessen to invest in bitbet (https://twitter.com/pmarca/status/443260220379115520)
01:51 benkay what funding does bitbet need, antephialtic?
01:52 antephialtic probably not any. But Andreessen would probably purchase some shares
01:54 assbot [MPEX] [S.MPOE] 22843 @ 0.00087412 = 19.9675 BTC [-] {2}
01:54 benkay mpex is right over there
01:54 benkay and coinbr just a hop skip and a jump from that
02:01 assbot [HAVELOCK] [AM100] 25 @ 0.00604 = 0.151 BTC [-] {2}
02:15 assbot [HAVELOCK] [HMF] 6 @ 0.02295749 = 0.1377 BTC [+] {2}
02:16 assbot [HAVELOCK] [AM100] 20 @ 0.0061 = 0.122 BTC [+]
02:19 assbot [HAVELOCK] [AM100] 600 @ 0.00613973 = 3.6838 BTC [+] {7}
02:21 assbot [HAVELOCK] [AM100] 281 @ 0.0062858 = 1.7663 BTC [+] {6}
02:23 assbot [HAVELOCK] [AM100] 210 @ 0.00633876 = 1.3311 BTC [+] {6}
02:25 assbot [HAVELOCK] [AM100] 1294 @ 0.00645587 = 8.3539 BTC [+] {9}
02:26 assbot [HAVELOCK] [AM100] 302 @ 0.00649911 = 1.9627 BTC [+] {7}
02:27 assbot [HAVELOCK] [AM100] 29 @ 0.0065 = 0.1885 BTC [+]
02:31 assbot [MPEX] [S.MPOE] 16450 @ 0.00087087 = 14.3258 BTC [-] {2}
02:36 assbot [HAVELOCK] [NEOBEE] 300 @ 0.00345 = 1.035 BTC [-] {4}
~ 19 minutes ~
02:55 assbot [HAVELOCK] [B.MINE] 24 @ 0.0425605 = 1.0215 BTC [-] {22}
02:58 assbot [HAVELOCK] [AM1] 1 @ 0.635 BTC [-]
02:58 assbot [MPEX] [S.MPOE] 22450 @ 0.00086933 = 19.5165 BTC [-] {2}
02:58 assbot [HAVELOCK] [B.SELL] 2 @ 0.0933898 = 0.1868 BTC [+] {2}
02:58 assbot [HAVELOCK] [B.EXCH] 1 @ 0.13311598 BTC [-]
02:59 assbot [HAVELOCK] [B.MINE] 4 @ 0.0422875 = 0.1692 BTC [-] {3}
02:59 assbot [HAVELOCK] [B.SELL] 4 @ 0.0933898 = 0.3736 BTC [+] {2}
02:59 assbot [HAVELOCK] [B.EXCH] 1 @ 0.13311598 BTC [-]
03:07 assbot [MPEX] [S.MPOE] 6600 @ 0.00086958 = 5.7392 BTC [+]
03:07 assbot [HAVELOCK] [B.MINE] 3 @ 0.042 = 0.126 BTC [-] {2}
03:08 assbot [HAVELOCK] [B.SELL] 5 @ 0.0933898 = 0.4669 BTC [+] {2}
03:08 assbot [HAVELOCK] [B.EXCH] 5 @ 0.13311598 = 0.6656 BTC [-] {2}
03:09 BingoBoingo That he doesn't know of BitBet does not bode well for them.
03:14 assbot [MPEX] [S.MPOE] 18800 @ 0.00087445 = 16.4397 BTC [+] {2}
03:26 Apocalyptic hum, so Openex appears to be insolvent and is closing, guy is confused about what to do with outstanding balances
03:31 assbot [MPEX] [S.MPOE] 15100 @ 0.00087137 = 13.1577 BTC [-]
03:33 BingoBoingo Apocalyptic: Glad you made that exchange
03:33 BingoBoingo Or... ATC would have gotten completely goxxed
03:34 Apocalyptic looks like it, hope the ATC guys didn't have much ATC there
03:35 BingoBoingo I moved out
03:43 assbot [MPEX] [S.MPOE] 4600 @ 0.0008698 = 4.0011 BTC [-] {2}
03:44 KRS-One .bait
03:44 ozbot http://25.media.tumblr.com/tumblr_mb6r1pggNB1rqnok6o1_500.jpg
03:44 KRS-One .bait
03:44 ozbot http://25.media.tumblr.com/tumblr_m9ljt79Ttn1qdistlo1_1280.jpg
03:47 assbot [MPEX] [S.MPOE] 29313 @ 0.0008755 = 25.6635 BTC [+] {4}
03:47 cazalla kuka robot lost
03:47 cazalla https://www.youtube.com/watch?v=tIIJME8-au8
03:47 cazalla looks more like an advertisement than a match though
03:48 assbot [HAVELOCK] [CFIG] 2 @ 0.10228999 = 0.2046 BTC [-] {2}
03:48 assbot [HAVELOCK] [PETA] 3 @ 0.0681003 = 0.2043 BTC [-] {2}
03:50 assbot [HAVELOCK] [PETA] 3 @ 0.06800001 = 0.204 BTC [-]
~ 39 minutes ~
04:29 assbot [HAVELOCK] [AM100] 1500 @ 0.00600322 = 9.0048 BTC [-] {8}
04:34 assbot [MPEX] [S.MPOE] 22737 @ 0.00087534 = 19.9026 BTC [-] {4}
04:38 assbot [MPEX] [S.MPOE] 19646 @ 0.00087631 = 17.216 BTC [+]
04:49 assbot [MPEX] [S.MPOE] 7000 @ 0.00087467 = 6.1227 BTC [-]
04:50 assbot [MPEX] [S.MPOE] 2700 @ 0.00087263 = 2.3561 BTC [-] {2}
~ 24 minutes ~
05:14 assbot [MPEX] [S.MPOE] 13000 @ 0.00087099 = 11.3229 BTC [-]
05:27 assbot [MPEX] [S.MPOE] 3200 @ 0.00087407 = 2.797 BTC [+]
05:33 jurov ;;bc,stats
05:33 gribble Current Blocks: 290007 | Current Difficulty: 3.81572379881463E9 | Next Difficulty At Block: 290303 | Next Difficulty In: 296 blocks | Next Difficulty In About: 1 day, 22 hours, 44 minutes, and 12 seconds | Next Difficulty Estimate: 4193481648.71 | Estimated Percent Change: 9.90003
05:33 Apocalyptic .d
05:33 ozbot 3.816 billion | Next Diff in 296 blocks | Estimated Change: 9.8229% in 1d 20h 15m 59s
05:34 jurov http://bitbet.us/bet/596/btc-difficulty-to-increase-by-less-than-10/ ya know...
05:35 ozbot BitBet - BTC difficulty to increase by less than 10%
05:42 * dub switches chains ;)
05:45 jurov ;;prevdiffchange
05:45 gribble 21.92473
05:46 assbot [HAVELOCK] [CBTC] 775 @ 0.00018 = 0.1395 BTC [-]
05:49 assbot [HAVELOCK] [RENT] 50 @ 0.005868 = 0.2934 BTC [-] {3}
05:55 assbot [HAVELOCK] [B.MINE] 5 @ 0.04217 = 0.2109 BTC [+]
05:56 * jurov bribes dub to stay off btc
05:57 assbot [HAVELOCK] [PETA] 46 @ 0.06726552 = 3.0942 BTC [-] {10}
06:05 assbot [MPEX] [S.MPOE] 15750 @ 0.00087099 = 13.7181 BTC [-]
06:12 assbot [MPEX] [S.MPOE] 7650 @ 0.00087099 = 6.6631 BTC [-]
~ 24 minutes ~
06:37 assbot [MPEX] [S.MPOE] 20350 @ 0.00086905 = 17.6852 BTC [-] {3}
06:43 assbot [MPEX] [S.MPOE] 18790 @ 0.00087093 = 16.3648 BTC [+]
06:48 assbot [MPEX] [S.MPOE] 19100 @ 0.00087093 = 16.6348 BTC [+]
06:54 assbot [MPEX] [S.MPOE] 15601 @ 0.00086875 = 13.5534 BTC [-]
07:02 assbot [MPEX] [S.MPOE] 9300 @ 0.00087101 = 8.1004 BTC [+] {2}
07:02 assbot [HAVELOCK] [B.SELL] 4 @ 0.09339 = 0.3736 BTC [+]
07:03 punkman1 "The 21-hour battle for B-R5RB resulted in more than 11 trillion ISK in damage, all thanks to a lapsed bill by one very important user in the EVE Online universe."
07:10 assbot [MPEX] [S.MPOE] 3200 @ 0.00086833 = 2.7787 BTC [-] {2}
07:19 assbot [MPEX] [S.MPOE] 21830 @ 0.00087376 = 19.0742 BTC [+] {3}
07:30 assbot [MPEX] [S.MPOE] 18500 @ 0.00086766 = 16.0517 BTC [-] {2}
07:39 assbot [MPEX] [S.MPOE] 16050 @ 0.00087089 = 13.9778 BTC [+] {2}
07:39 assbot [HAVELOCK] [NEOBEE] 576 @ 0.00354027 = 2.0392 BTC [-] {6}
07:40 assbot [HAVELOCK] [NEOBEE] 155 @ 0.003534 = 0.5478 BTC [-]
07:41 assbot [HAVELOCK] [PETA] 12 @ 0.071704 = 0.8604 BTC [+] {2}
07:43 assbot [HAVELOCK] [NEOBEE] 90 @ 0.00369998 = 0.333 BTC [+] {2}
07:43 assbot [HAVELOCK] [RENT] 34 @ 0.0064877 = 0.2206 BTC [+] {2}
07:50 jurov https://twitter.com/Bitcoin/status/443340888870096896/photo/1
07:50 ozbot Twitter / Bitcoin: Are you a bitcoin investor? ...
07:54 assbot [HAVELOCK] [NEOBEE] 100 @ 0.00369998 = 0.37 BTC [+]
07:55 assbot [HAVELOCK] [AM100] 90 @ 0.0064 = 0.576 BTC [+]
07:55 assbot [MPEX] [S.MPOE] 9000 @ 0.00086747 = 7.8072 BTC [-]
08:00 assbot [HAVELOCK] [AM1] 1 @ 0.64 BTC [+]
08:00 mircea_popescu ;;later tell antephialtic https://twitter.com/Mircea_Popescu/status/443355527364739072 yet something tells me he's no different from all the other bitcoin noobs in imagining he knows better and etc bla bla yadda yadda
08:00 gribble The operation succeeded.
08:03 mircea_popescu 11 trn isk ~= 1k btc irc
08:03 mircea_popescu ;;calc 11*10**12 / 30*10**9
08:03 gribble 366666666666666688512
08:04 mircea_popescu haha nanotube why does gribble mess up ?
08:04 mircea_popescu ;;calc 11*(10**12) / 30*(10**9)
08:04 gribble 366666666666666688512
08:04 mircea_popescu ;;calc (11*(10**12)) / (30*(10**9))
08:04 gribble 366.666666667
08:05 mircea_popescu nm, it's not gribble it's me.
08:05 mircea_popescu anyway, ~350 btc worth of isk ships and whatnot.
08:08 moiety mew :)
08:14 moiety or ʍǝɯ mircea_popescu!
08:25 mircea_popescu lol
08:27 mircea_popescu let the permanent record reflect that kuka is a piece of shit scam rather than a robot manufacturer, and that they made a bunch of fake news which resulted in http://bitbet.us/bet/760/kuka-table-tennis-robot-to-beat-human/ having to be cancelled.
08:28 mircea_popescu never buy anything from these fuckwits, they don't deserve to survive.
08:31 nubbins` OH FUCK THIS IS A PERMANENT RECORD
08:31 nubbins` D;
08:31 mircea_popescu :D
08:32 assbot [HAVELOCK] [AM100] 20 @ 0.0064 = 0.128 BTC [+]
08:33 mircea_popescu nubbins` ten years later, multi-billion dollar business doesn't understand for the life of it why it can't sell anything anymore.
08:33 mircea_popescu does more social media bs, buys more deadmedia advertising, nothing
08:33 mircea_popescu eventually goes away.
08:34 mircea_popescu at least cisco knew what hit it.
08:34 nubbins` i prefer the term antisocial media for trees/teevees
08:35 mircea_popescu asocial i guess
08:35 nubbins` that works
08:35 cazalla i don't know whether to feel stupid for being duped by kuka or whether i should've known better
08:37 assbot [MPEX] [S.MPOE] 9527 @ 0.00087208 = 8.3083 BTC [+]
08:37 assbot [HAVELOCK] [PETA] 2 @ 0.065201 = 0.1304 BTC [-] {2}
08:37 mircea_popescu i dunno dood. they seemed reasonably sane to begin with, german robotics maker with 1 bn in revenue worldwide
08:37 mircea_popescu i closed the internal investigation without prejudice.
08:43 nubbins` http://www.cbc.ca/news/canada/average-student-debt-difficult-to-pay-off-delays-life-milestones-1.2534974
08:44 ozbot Average student debt difficult to pay off, delays life milestones - Canada - CBC News
08:44 nubbins` "Verge originally intended to become a teacher, but changed her mind after one year at Memorial University. She spent the next two years at Nova Scotia Community College completing a photography program, hoping to become a photojournalist."
08:44 nubbins` no fucking shit she can't pay off her student loans
08:44 nubbins` "Verge dicked around for three years on borrowed money at an average cost of $24/day"
08:45 TomServo Verge?!
08:46 nubbins` "Verge's husband is currently pursuing a masters in history at Saint Mary's University in Halifax and hopes to continue into a PhD program. "
08:46 nubbins` groan
08:46 nubbins` yep, that'll bring in the bucks
08:46 mircea_popescu $24 ? that's not that bad is it ?
08:47 mircea_popescu i think i spend that much on stockings
08:50 nubbins` sure, but you make money
08:50 nubbins` "If she could go back to her senior year of high school, Verge would make different choices, namely being more certain of what she wanted to study before spending $8,000 on a year's worth of university tuition, books and living costs."
08:51 Neil Yeah that kuka thing was a letdown. I was looking forward to having sthg interesting to watch when I got back home.
08:53 assbot [MPEX] [S.MPOE] 8900 @ 0.00087208 = 7.7615 BTC [+]
08:55 assbot [HAVELOCK] [PETA] 41 @ 0.06470776 = 2.653 BTC [-] {11}
08:56 Neil Clearly kuka not even close to being able to cut the mustard
08:58 mircea_popescu nubbins` "If she could go back to her senior year of high school, Verge would make different choices, like hooking up with guys that beat her into sense and spend $24 a day on stockings alone rather than the current looser she's hitched with"
08:58 mircea_popescu fifh
08:58 moiety so is the new production place in china a bunch of BS then?
08:58 moiety re kuka**
08:58 mircea_popescu moiety depends what the ad copywriter was eating that day
08:59 moiety fuck
09:00 moiety asshats everywhere
09:00 assbot [HAVELOCK] [AM100] 70 @ 0.00639999 = 0.448 BTC [-] {2}
09:00 moiety http://www.deathandtaxesmag.com/216576/heres-a-selfie-from-1920/ something cheery
09:02 moiety " It took two people to hold the camera, probably because it was heavy as fuck."
09:08 asciilifeform 'graduated in 2008 with about $25,000 of debt — just about the national average. More than five years later, she has only managed to pay back about $2,000.' << where did this kid work - Butugychag?
09:10 Neil mircea_popescu: I don't remember you taking a 1% fee on such cancellations before on Bitbet.
09:13 asciilifeform http://www.cbc.ca/news/canada/gen-y-struggles-in-expensive-housing-rental-market-1.2102109
09:13 ozbot Gen Y struggles in expensive housing, rental market - Canada - CBC News
09:16 assbot [HAVELOCK] [AM1] 7 @ 0.61425728 = 4.2998 BTC [-] {5}
09:17 moiety asciilifeform: here, you don't have to pay back your student loans until you earn over X amount
09:17 assbot [HAVELOCK] [PETA] 31 @ 0.06519316 = 2.021 BTC [+] {6}
09:18 assbot [MPEX] [S.MPOE] 2757 @ 0.00086817 = 2.3935 BTC [-]
09:19 asciilifeform wonder how many of these folks would theoretically accept a russian passport and guaranteed metallurgical work in norilsk.
09:20 asciilifeform they'd get $LOAN richer just by sending the creditors to pound sand up their arses.
09:21 asciilifeform and the 'college' racket could finally implode.
09:24 moiety it becomes a lifestyle for some doing degree after degree, never actually working
09:26 cazalla moiety: are you from australia?
09:27 moiety Scotland, Uk cazalla
09:27 cazalla they do that here in australia, a lot of graduates take jobs that pay under the threshold as to avoid paying back the debt
09:28 moiety yep same, all the time. that or they just sign up for another degree
09:29 moiety i know one guy who did Politics, then Mental Health Nursing and now plans on a Philosophy degree
09:30 moiety actually writes an anti-psychiatry anarchist blog
09:30 cazalla i'm a high school drop out, my brother has a degree (medicinal chemistry)
09:31 cazalla he makes sammages at subway heh
09:31 moiety i would bite your hand off to go to uni ... but in my own time. worked since 14. it doesn't make you less of a person at all, they just like you to think so
09:32 moiety lol @ the contradiction of medicinal and subway :)
09:33 mircea_popescu Neil i don't think it akes any fee does it ?
09:33 cazalla tx fee i think he means
09:33 moiety http://metro.co.uk/2014/03/11/nigel-thew-brighton-worker-sacked-after-throwing-drunk-passenger-off-bus-in-saltdean-east-sussex-4518578
09:33 ozbot Nigel Thew: Brighton worker sacked after throwing drunk passenger off bus in Saltdean, East Sussex |
09:34 mircea_popescu " Police in Danville are investigating the theft of more than $15,000 worth of manhole covers that were stolen from various parts of the city"
09:34 mircea_popescu almost enough to pay for college
09:34 assbot [HAVELOCK] [B.SELL] 31 @ 0.08550831 = 2.6508 BTC [-] {9}
09:35 CheckDavid cazalla: if you get a shitty job you don't have to pay debt?
09:35 cazalla shipped to china like all the copper that gets knocked off i guess?
09:35 moiety i know a guy who was trying to flirt with a girl a few years ago by giving her some bitcoins.... she contacted him when they hit $1k to tell him, she paid for her college tuition with them :)
09:35 cazalla CheckDavid: you are only required to begin paying the debt once you earn over x amount
09:35 asciilifeform 'Having bits of the landscape disappear can be a rude surprise. One summer I arrived in St. Petersburg and found that a new scourge had descended on the land while I was gone: a lot of manhole covers were mysteriously missing. Nobody knew where they went or who profited from their removal. One guess was that the municipal workers, who hadn't been paid in months, took them home with them, to be returned once the
09:35 asciilifeform y got paid. They did eventually reappear, so there may be some merit to this theory. With the gaping manholes positioned throughout the city like so many anteater traps for cars, you had the choice of driving either very slowly and carefully, or very fast, and betting your life on the proper functioning of the shock absorbers.'
09:36 asciilifeform - orlov's 'post-soviet lessons for post-american century'
09:36 CheckDavid cazalla: who issues the loan? Government?
09:37 cazalla CheckDavid: yes
09:37 mircea_popescu CheckDavid they're sort-of govt backed in most places.
09:37 asciilifeform it's all fun'n'games until the boat girls mount DSHKs and hoist the black flag.
09:37 moiety cazalla: i think you guys have certain degrees that never get fees at all, like nursing, right? bursary instead to get people to do it
09:37 CheckDavid I see. Because I guess banks wouldn't care that much
09:37 moiety we do here
09:37 asciilifeform http://4.bp.blogspot.com/_okE2fz_Pef8/TGJgBld9ziI/AAAAAAAACn0/KNS-17rr0Bk/s1600/img634170544374531250.JPG
09:38 asciilifeform fits great. don't need a gigantic tub
09:38 cazalla moiety: not sure if any are exempt but you can go back again and again to rack up more debt
09:38 mircea_popescu Neil no 1% was charged (site does indicate that, but it's erroneous). the tx is 3a01762308fc1c9b36478d3bb4c3198eb69f3c29ab24af2e4520727c7fa9c79c3a01762308fc1c9b36478d3bb4c3198eb69f3c29ab24af2e4520727c7fa9c79c once it propagates you can check it.
09:40 mircea_popescu asciilifeform that looks like it could propel the boat, in a spot.
09:41 assbot [MPEX] [S.MPOE] 11586 @ 0.00087081 = 10.0892 BTC [+]
09:41 asciilifeform it never ceases to amaze me how the 'excess people' make so little trouble, 'going gently into the good night'
09:42 mircea_popescu why ?
09:42 assbot [MPEX] [S.MPOE] 14764 @ 0.00086781 = 12.8123 BTC [-] {2}
09:42 mircea_popescu it's like "it never ceases to amaze me how the impotent never rape anyone". well of course not. if they could they wouldn't be impotent.
09:43 asciilifeform they can't all be impotent
09:44 mircea_popescu well no, but that's besides the point : they are all excess, as per your definition.
09:45 asciilifeform if starving boat grls, where the hell are the jacqueries, i ask.
09:46 asciilifeform where are the mass migrations
09:47 mircea_popescu curretnly the mass migrations are from sane places to idiotic places,
09:48 mircea_popescu which is actually the greatest boon on the developing world : all those mexicans, arabs etc leeching the welfare states aren't doing it so they may be us or eu citizens etc
09:48 mircea_popescu they're doing it because a fool and his resources are soon partying, and once the party's over they'll just go back home and start their own renaissances.
09:48 asciilifeform i meant - of the boatgirls.
09:49 mircea_popescu what's a boat girl ?
09:49 asciilifeform pictured here: http://www.cbc.ca/news/canada/gen-y-struggles-in-expensive-housing-rental-market-1.2102109
09:49 asciilifeform (linked from earlier piece)
09:50 ThickAsThieves “Zero transaction fees is the future,” Li said. According to him, the freemium business model is the new norm of the twenty-first century, and no industry, not even financial services, is safe from its disruption.
09:50 mircea_popescu haha she's a boat alright.
09:50 asciilifeform big empty space in the middle for DSHK.
09:50 mircea_popescu i'll trade ya http://25.media.tumblr.com/21b2acb5bf1b8edc7b9633e6ee0acc72/tumblr_mqayfocu1s1rg2jxoo1_1280.jpg
09:50 asciilifeform deal.
09:50 chetty_ http://rt.com/news/ukraine-mp-abducted-threatened-882/
09:51 mircea_popescu asciilifeform your chick's not putting a machine gun in the middle for the same reason she's not getting laid
09:51 mircea_popescu too much hassle.
09:51 asciilifeform betcha she gets laid plenty.
09:51 chetty_ I'll hang you by the balls and have you f***ed' – Ukrainian presidential hopeful abducts pro-Russian MP
09:51 mircea_popescu lol nice
09:52 mircea_popescu asciilifeform deal.
09:52 mircea_popescu how we check ?
09:52 asciilifeform chetty_: possibly of interest - http://cluborlov.blogspot.com/2014/03/the-crimean-crisis-and-western-bias.html
09:52 chetty_ I gave up reading about it, its all disinfo anyway, I just liked that headline
09:55 ThickAsThieves so these bigfoot guys wanna promote bitcoin on the streets or whatever, and this is the brochure they come up with... http://bitcoinbigfoot.com/showcasing-plan-b-brochure-mock/
09:55 ThickAsThieves 2/3 is just logos
09:55 ThickAsThieves then 10 or so bullet points, and more logos
09:56 ThickAsThieves fucking idiots
09:56 mircea_popescu comments are better
09:56 mircea_popescu "Love what your doing but I see you do not send to the UK. My company are about to leash a few ATMs on the UK and would love to get a hold of perhaps your ai or pdf so I could print some off to give to everyone who is attending our launch in Feb."
09:56 mircea_popescu anyway, there's tons of these outfits consisting of basically one guy and his adobe illustrator pretending to be in some form mass movements.
09:57 ThickAsThieves BitPremier is one of the logos
09:57 mircea_popescu i'd love nothing more than contact with a large club of street people, but these muppets ain't it.
09:57 ThickAsThieves wtf
09:57 mircea_popescu gimme detroit's grafitti artist club.
09:57 mircea_popescu gimme the seattle bladers association
09:57 mircea_popescu gimme something i can use
09:57 chetty_ well tons of single guys does sorta make a mass ....something
09:57 mircea_popescu a two tone brochure i can have made in a half hour
09:58 asciilifeform mass in the physical sense, perhaps
09:58 mircea_popescu chetty_ tons of single guys with delusions of leadership, self-importance and whatever else makes maybe a ton of twitter accounts
09:58 mircea_popescu but not hing useful.
09:58 chetty_ well mass ----something could wll be mass pile o shit
09:58 asciilifeform 1) mass 2) ??? 3) lenin 4) profit!1!!1
09:59 asciilifeform (for the nitpickers, notice that i said 'profit!1!!1', not 'profit.')
10:00 cazalla don't you mean profit!1!1!oneeleven!11
10:01 mircea_popescu hi guise im eleven and what is this11
10:02 asciilifeform at some point the lost souls will add up to a destructive mess, the question is when.
10:02 chetty_ yesterday
10:02 asciilifeform nah
10:03 asciilifeform festering != destructive
10:03 asciilifeform these folks aren't disintegrating lepers, they're able-bodied creatures who could in principle create actual problems if they felt like it.
10:03 mircea_popescu how do you know they will ?
10:04 mircea_popescu no, they're disintegrating lepers.
10:04 asciilifeform how do you know they will << hey don't look at me, i'm not their lenin. naturally i don't know. but historical parallels.
10:04 mircea_popescu no such thing.
10:04 mircea_popescu these people can't even say nigger.
10:05 asciilifeform perhaps they could learn.
10:05 mircea_popescu perhaps it'd cost more to learn than they're worth.
10:05 mircea_popescu disintegrating lepers could also heal.
10:05 asciilifeform surely that girl could learn to pull a trigger, for example.
10:06 asciilifeform or at least service the fellow who does
10:06 assbot [MPEX] [S.MPOE] 11200 @ 0.00086747 = 9.7157 BTC [-]
10:07 asciilifeform mircea_popescu would appear to be right, none of the traditional 'bubbling of rebellion' is happening, as far as i can see
10:08 asciilifeform but i'm curious why.
10:09 mircea_popescu no, she could not. how could she ?
10:09 chetty_ hahahaha:The municipal bond rating for Peoria has been downgraded
10:11 assbot [MPEX] [S.MPOE] 8000 @ 0.00086747 = 6.9398 BTC [-]
10:12 assbot [HAVELOCK] [CBTC] 582 @ 0.0001845 = 0.1074 BTC [-]
10:14 assbot [HAVELOCK] [B.EXCH] 1 @ 0.13311598 BTC [-]
10:16 nubbins` asciilifeform: she defaulted on her federal loans and has her wages garnishes, that's why she's only paid back $2k in 5 years
10:16 nubbins` $33/mo
10:16 artifexd http://sha256coins.com/sample-page/atc-altcoin/
10:16 ozbot ATC – Altcoin | SHA-256 Coins
10:17 nubbins` think about that -- paying off a $25,000 loan at $33/mo
10:17 nubbins` hope the photography "course" was worth it ;p
10:18 nubbins` TBH i don't think they should give loans for degrees/diplomas in navel gazing
10:19 nubbins` you want a student loan to learn a skilled trade? sure, here ya go
10:19 nubbins` you want one to get your PhD in history? get fucked
10:24 ninjashogun nubbins`, how do you feel about a personal loan to develop a proprietary hardware tech past proof of concept stage?
10:24 nubbins` less than enthusiastic
10:24 ninjashogun (which is what I've been looking for 3-4 weeks since receiving angel demo invites)
10:24 ninjashogun how come?
10:24 assbot [MPEX] [S.MPOE] 8200 @ 0.00086731 = 7.1119 BTC [-] {2}
10:24 nubbins` because i have no reason to believe that you're capable of anything besides hanging around here and bumming for money
10:25 ninjashogun it's the same thing - something marketable that needs something up-front. You can't just ask people to speculate, you should extend the possibility of a loan to cover information asymmetry and personal responsibiilty. I wouldn't be gamblign with otehr people's money
10:25 * nubbins` yawns
10:25 nubbins` at least you keep trying
10:25 ThickAsThieves loans are generally something to be unenthusiastic about
10:25 ninjashogun nubbins` - fair enough. I've personally developed the proof of concept using vision software as well as embedded electronics with an arduino
10:25 nubbins` ;;gettrust ninjashogun
10:25 gribble WARNING: Currently not authenticated. Trust relationship from user nubbins` to user ninjashogun: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=nubbins%60&dest=ninjashogun | WoT data: http://b-otc.com/vrd?nick=ninjashogun | Rated since: never
10:25 ThickAsThieves loans for convenience are okay i guess
10:26 nubbins` ninjashogun: you need to realize that what you're saying means nothing to anyone here
10:26 ThickAsThieves but loans on hopes and dreams, not so much
10:26 nubbins` bitcoin is littered with the corpses of people who had better ideas and more resources than you
10:26 ninjashogun nubbins`, that's not true. I guarantee 100% that there are people int his channel who know what vision algorithms are, and what electronics engineering and embedded programmigng are. 100% guaranteed.
10:26 nubbins` no, you misunderstand
10:26 ninjashogun (those are just two examples of the tech I've used.)
10:26 nubbins` it's the fact that YOU are saying it
10:27 nubbins` you're a nobody
10:27 nubbins` and generally, adults don't give free money to nobodies with "ideas"
10:27 ninjashogun nubbins`, but nubbins doesn't mean anything to me either.
10:27 nubbins` okay, so?
10:27 nubbins` i'm not asking you for a wheelbarrow of cash
10:27 ThickAsThieves he didnt ask for monet
10:28 ninjashogun It's not an "idea', first of all, I'm working on a company that was founded mroe than a year ago and has assigned IP as well as fullz developed prototypes that prove concept, using vision, some robotics elements, arduino, etc.
10:28 nubbins` blah blah blah
10:28 nubbins` same thing every time
10:28 nubbins` people tell you precisely why they will never, ever give you money
10:28 nubbins` and you try to argue that it's in their best interest to do so
10:28 ninjashogun No, I do not argue it's in anyone's best interest, absolutely not.
10:28 nubbins` it's like a child convincing dad that a can of frosting is a good idea for lunch
10:29 nubbins` why are you wasting your time asking over and over?
10:29 ThickAsThieves ninja how old are you
10:29 ninjashogun I am looking for something similar to what I found before, which is someone who is interested in exploring the idea with me and would do so without necessarily having any big personal interest in it, other than obviously not losing money on it.
10:29 nubbins` you won't find what you're looking for here
10:29 nubbins` i guarantee it
10:29 ThickAsThieves why did the last people leave?
10:30 ninjashogun So, it was not people, it was one person, and he didn't leave but continues to express 'definite' interest (we've prepared loan paperwork, etc). I!ve pressed several times for a firm closure and he's repeated definite interest (instead of taking the chance to say, look, it's not that interesting to him)
10:30 assbot [MPEX] [FT] [X.IDIFF.MAR] 340 @ 0.0029461 = 1.0017 BTC [-] {2}
10:31 ninjashogun The main reason I ask here is because it is people who are technical (almost by definition), have early vision and interest (almost by definition) and in many cases have enough funds that they can consider helping me on such a basis. Some people ahve been interested but the amount is too larger for them, I understand but that is nto the kind of person I'm lookiing for.
10:31 * nubbins` yawns again
10:31 ThickAsThieves lol
10:31 ThickAsThieves just stop
10:31 nubbins` ^
10:31 nubbins` this, a thousand times this
10:32 mircea_popescu Georgia Becomes First State in History to Pass the Convention of States Application
10:32 nubbins` which georgia?
10:32 mircea_popescu http://www.conventionofstates.com/news/georgia-becomes-first-state-history-pass-convention-states-application
10:32 ozbot Georgia Becomes First State in History to Pass the Convention of States Application | Convention of
10:33 bitcoinpete Markus Ortman, "COO of Bitcoin", explains all to Conan:
10:33 bitcoinpete http://teamcoco.com/video/bitcoin-explaination
10:33 ozbot Bitcoin's COO Explains What Bitcoin Is @ TeamCoco.com
10:33 nubbins` ah, interesting
10:33 Diablo-D3 who the fuck is markus ortman
10:33 ThickAsThieves what is this convention?
10:34 Diablo-D3 never heard of him
10:34 ThickAsThieves it's a joke
10:34 bitcoinpete Diablo-D3: he's made-up
10:34 Diablo-D3 I dont find jokes funny.
10:34 bitcoinpete mircea_popescu: the dissolution begins
10:34 Diablo-D3 Lets light this guy on fire for being a heretic.
10:34 assbot [MPEX] [S.MPOE] 9032 @ 0.00086713 = 7.8319 BTC [-] {2}
10:35 bitcoinpete and howdy
10:36 ThickAsThieves yeah the coco thing isnt funny
10:37 mircea_popescu <Diablo-D3> I dont find jokes funny. << lol
10:38 ThickAsThieves http://www.salon.com/2014/03/09/the_ballad_of_bitcoin_jesus_the_tech_millionaire_evangelist_who_fears_for_his_life/
10:38 ozbot The ballad of “Bitcoin Jesus”: The tech millionaire who fears for his life - Salon.com
10:38 ThickAsThieves see that's funny
10:38 ThickAsThieves "I have sworn not to write the name of the island where Roger Ver is currently residing, the reason being that he fears for his life."
10:39 assbot [MPEX] [S.MPOE] 17600 @ 0.00086745 = 15.2671 BTC [+] {2}
10:39 ThickAsThieves "Satoshi Nakamoto — who, it turns out, is an elderly Japanese man by the same name, "
10:39 ThickAsThieves ...
10:40 ThickAsThieves “The U.S. is making it extremely difficult for me to stop being American.”
10:40 ThickAsThieves lol
10:40 bitcoinpete that's actually way funnier
10:40 ThickAsThieves "The discontentment is also there when he talks about the first time he was arrested, at 18"
10:40 bitcoinpete conan was only indicative of where the middle is, or isn't
10:41 ninjashogun "Bitcoin was not created by Satashi Nakamoto, but by another man of the same name."
10:41 mircea_popescu which jesus is this one, #6 ?
10:42 ThickAsThieves Jesus Ver
10:42 nubbins` http://www.singleblackmale.org/wp-content/uploads/2012/12/black-jesus-sacred.jpeg
10:42 nubbins` jesus 0
10:43 mircea_popescu whoa
10:43 mircea_popescu black males can be single ?
10:43 mircea_popescu i thought that was genetically impossible
10:44 nubbins` jesus was single?
10:44 * nubbins` raises eyebrow
10:45 jurov ssh spiral
10:48 nubbins` http://www.breitbart.com/Big-Government/2014/03/10/Gay-Black-Republican-Selling-Guns-Online-for-Bitcoin
10:48 ozbot Meet the Gay Black Republican Selling Guns Online for Bitcoin
10:48 nubbins` i know all those words, but...
10:48 * nubbins` scratches head
10:48 nubbins` ...i didn't think you could put them together like that
10:49 bitcoinpete "Bitcoin enthusiasts don’t generally spend any time thinking about privilege. But greater computer literacy among the poor and easier-to-use interfaces, along with addressing tech’s gender problems should be a goal we all strive toward."
10:50 bitcoinpete http://cathyreisenwitz.com/blog/2014/03/11/bitcoins-actual-privilege-problems/
10:50 bitcoinpete "t’s not essential, or possible, that the privilege crowd fully understand bitcoin or that the bitcoin crowd fully understand privilege. What would be very helpful, however, is for both parties to admit the vast sums which comprise what they do not know."
10:51 mircea_popescu wait what.
10:52 mircea_popescu bitcoin is like distilled privilege what the fuck is she on about.
10:52 nubbins` one of the nice things about privilege is that you don't need to be aware of it
10:52 mircea_popescu but im keenly aware of it.
10:53 mircea_popescu that's the point of fucking bitcoin : to put privilege above the reach of the unprivileged.
10:53 assbot [HAVELOCK] [AM100] 23 @ 0.00620739 = 0.1428 BTC [-] {5}
10:53 nubbins` ehhh, it's not privilege unless you were born into it
10:53 bitcoinpete and there's more. it's fuckin privilege day
10:53 nubbins` you saw something that was a good idea and you bought in. that's not privilege, it's sense
10:54 bitcoinpete "You would have to be living under a rock feasting solely on anti-Bitcoin propaganda to think that Bitcoin is only about making money and oppressing the lesser privileged."
10:54 mircea_popescu lol look at that, she has no comments section.
10:54 bitcoinpete http://bitcoinmagazine.com/11003/bitcoin-post-privilege-pro-human-rights/
10:54 mircea_popescu i was gonna let her know we were just talking about her.
10:54 mircea_popescu here : http://log.bitcoin-assets.com/?date=11-03-2014#554683
10:55 bitcoinpete You can let MK Lords know: https://twitter.com/BitcoinNotBombs
10:56 bitcoinpete "If we really want perspective on privilege, the global implications of an easy to use payment system must be taken into account for its efficiency in providing aid directly to people all over the world—especially disadvantaged women, many of which must raise families on low resources while their partner finds work in more economically healthy areas."
10:57 mircea_popescu they're beyond clueless.
10:57 mircea_popescu but ah well. most idiots manage to become useful in some manner.
10:58 bitcoinpete "Bitcoin cannot possibly be limited to only the privileged as anyone (even people in Kenya) can gain access to it through standard cell phones, a tool which the developing world has increasing access to."
10:58 assbot [HAVELOCK] [COG] 3 @ 0.052 = 0.156 BTC [+]
10:58 bitcoinpete and they keep going...
10:58 mircea_popescu yeah, totally.
10:58 mircea_popescu the ease of access is totally not a tool of privilege.
10:58 mircea_popescu like say, the tv. anyone even in kenya can get a tv.
10:58 mircea_popescu thus therefore, the tv is highly democratic :D
10:59 bitcoinpete tv=voting
11:00 mike_c http://www.ariannasimpson.com/this-is-what-its-like-to-be-a-woman-at-a-bitcoin-meetup/
11:00 ozbot This is what it's like to be a woman at a Bitcoin meetup - Arianna Simpson
11:00 mike_c being a guy is so much easier.
11:04 mircea_popescu i left her a comment
11:04 mircea_popescu shitty blog interface tho
11:06 mike_c yeah, wordpress. what can you do ;)
11:08 mircea_popescu lol
11:08 mircea_popescu i dunno dood, my wp doesn't suck
11:09 mike_c you gotta upgrade to get the suck
11:10 ThickAsThieves http://blogs.nature.com/news/2014/03/call-for-acid-bath-stem-cell-paper-to-be-retracted.html
11:10 ozbot Call for acid-bath stem-cell paper to be retracted : Nature News Blog
11:10 assbot [HAVELOCK] [AM1] 1 @ 0.629999 BTC [+]
11:10 mircea_popescu mike_c yeah srsly.
11:12 mircea_popescu sooo... the rift people added a new profession, which is cool.
11:12 mircea_popescu however to rank it up you need noob materials, which stressed the ufck out of the market.
11:12 mircea_popescu noobs being noobs are too stupid to beeline for the generators and feed th hunger of the uberrich privileged maxlvl players
11:12 chetty_ http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/P456458?cmpid=cmty_twitter_fb
11:12 ozbot Investor Alert - Bitcoin: More than a Bit Risky - FINRA
11:12 mircea_popescu and so here i am, lvl 60, one hitting lvl 6 mobs with my DOT
11:15 Neil mircea_popescu: Great. I'd have thought (apart from signatures) the site it automated, including transaction generation. I guess someone corrected it?
11:16 rbones .
11:16 mircea_popescu Neil it's not automated.
11:16 mircea_popescu it's highly human supervised.
11:17 ThickAsThieves from finra "If no one accepts bitcoins, bitcoins will become worthless."
11:17 ThickAsThieves genius
11:18 Neil lol
11:18 ThickAsThieves "digital wallets can be hacked"
11:18 ThickAsThieves ...
11:18 ThickAsThieves that's really the extent of that comment too
11:18 Neil I'll always accept bitcoin, if only to bet on bitbet
11:19 ThickAsThieves "Purchases can be refunded, but that depends solely on the willingness of the establishment to do so."
11:19 ThickAsThieves and the law?
11:19 ThickAsThieves they act like everything is so absolute
11:20 Neil Bitbet seems better arb-ed than 9 months ago.
11:20 mike_c for example?
11:21 Neil Well there was easy money before in the difficulty bets; no longer the case.
11:21 mike_c TaT stopped donating
11:21 mircea_popescu Neil tbh it always was pretty well arbed, in the sense that i occasionally try taking one side and i have yet to come to a situation where i wasn't covered properly by the other side
11:21 mircea_popescu even on obscure bets a la halep
11:21 mircea_popescu it's just people are control freaks and want to MAKE SURE
11:22 Neil Shitty turnouts like SDICE and Gox 1Mar wiped out my profits...
11:22 assbot [HAVELOCK] [B.MINE] 4 @ 0.04265 = 0.1706 BTC [+] {2}
11:23 mircea_popescu so that prevents them from betting (like say http://bitbet.us/bet/635/1btc-10-000-usd/#c2574 )
11:23 mircea_popescu in a sense bitbet acts like the exact oposite of the doctrine of gpg contracts
11:23 Neil The sky-high BTC price bets are always interesting psychologically
11:23 mircea_popescu in that it's quite safe to go "i bet x btc on this and expect the other side to work out the odds"
11:24 mircea_popescu yeah.
11:24 mircea_popescu but i meant specifically the guy's concern re calculating final odds
11:25 Neil Yes, to some extent the other side will come in to make up the odds (witness the recent CME bets) but there's still some friction. The large CME bets were ballsy and I guess should be worse than evens but an equal amount to the opening bet hasn't come in yet.
11:25 Neil Perhaps my judgment of the odds is off.
11:26 mike_c but.. why place a wager and then let someone else set the odds.
11:26 Neil mike_c: coz you think you know better I suspect.
11:27 Neil Actually the iron ore has more on the other side now. Hadn't noticed but that makes sense.
11:27 Neil mike_c: Also the odds on both sides are somewhat random; it's not as if you can fix them given subsequent bettors
11:28 assbot [HAVELOCK] [NEOBEE] 90 @ 0.00364 = 0.3276 BTC [-] {2}
11:29 mircea_popescu Neil it's months out tho
11:29 mircea_popescu it only matters whst the pool is at end
11:29 Neil If BTC > $10k resolves as yes it'll be the biggest fiat bet yet
11:29 Neil yup
11:31 mircea_popescu nah, there was a 2k pool one when btc was 1.2k
11:31 mircea_popescu so that was like 2.5mn almost
11:31 ThickAsThieves http://promotions.newegg.com/HDD/14-0860/696x288.jpg
11:32 Neil I wonder how long until a bitbet user suffers a MITM attack on the send-to address display
11:32 mike_c ^ i have wondered about that.
11:32 ThickAsThieves http://bitcoinpride.com/t-shirts/featured/bitcoin-miner.html
11:32 ozbot Bitcoin T-Shirt | Bitcoin Shirts & Tees - Bitcoin Pride Bitcoin Miner - Featured - T-Shirts
11:32 Neil I'd feel much better if that bit were https
11:32 ThickAsThieves someone stole graphics
11:33 mircea_popescu Neil it's discussed periodically. you can always test before you send
11:33 mircea_popescu as in, send a few bitcents first before your bet
11:33 Neil You have a point for the bigger bets. But hardly ideal. Why expose your users?
11:34 artifexd TAT: My wife bought that shirt for me. So many custom tshirt sites print on shitty quality shirts. This one was a good quality tshirt.
11:34 mircea_popescu Neil what, i'm not telling them to be mitm'd.
11:34 mike_c https doesn't cure all
11:34 assbot [HAVELOCK] [B.MINE] 18 @ 0.0427 = 0.7686 BTC [+]
11:34 Neil https makes it *much* harder unless I'm missing something.
11:35 mike_c you are. i believe mitm is the most popular way to attack https.
11:35 diametric yeah the effort required would make it not really worth it.
11:35 mircea_popescu diametric arguable, because false reliance would sweeten the pot.
11:35 diametric satoshi dice would be much easier to MITM
11:35 mircea_popescu on a naked system like bitbet people know what the risks are
11:35 assbot [MPEX] [S.MPOE] 5950 @ 0.00086667 = 5.1567 BTC [-] {2}
11:36 mircea_popescu on a pseudosecure system like https people misrepresent them
11:36 diametric mircea_popescu: thats true
11:36 Neil mircea_popescu: So you have no intention of improving the address thing, even if it starts to be taken advantage of?
11:36 assbot [HAVELOCK] [NEOBEE] 40 @ 0.00373 = 0.1492 BTC [+]
11:37 mircea_popescu Neil once it gets taken advantage of it'll be changed
11:37 mircea_popescu maybe add signed addresses
11:37 Neil Hmm.
11:37 diametric Satoshi dice would be very easy to attack since it's blocked in the US, which causes most US visitors to use TOR, which is easy to MITM especially since Satoshi Dice doesn't use https.
11:37 mircea_popescu not that anyone'll bother checking anyway
11:37 assbot [MPEX] [S.MPOE] 13184 @ 0.00086842 = 11.4492 BTC [+]
11:37 diametric Then you simply need to create the 1DICE vantiy addresses and MITM replace them on load
11:38 Neil I would if sending > 5 BTC
11:38 diametric Hell, you could even implement the proper gambling and make people think they're just losing all the time.
11:38 mircea_popescu Neil what's wrong with just sending a few bitcents ?
11:38 mircea_popescu you can literally verify it this way.
11:38 mircea_popescu if you were mitm'd either it doesn't show
11:38 mircea_popescu or if the gy is really evil and it does show, it won't show as per your txid
11:38 Neil Well, the main site could suffer the MITM too. Harder again, yes.
11:39 mircea_popescu so check off a diff connection what.
11:39 Neil I could fly to Romania too!
11:39 mircea_popescu send 0.05, go to library, load page, come back send your 5btc or w/e
11:39 mircea_popescu what, just becayse better internet here?
11:40 mike_c it's closer to the server, harder to get mitm'd
11:41 mircea_popescu not really that much closer i dont think
11:41 Neil mircea_popescu: Visit kako, place the bet in person over a beer of course
11:41 mircea_popescu anyway : all it takes for stupid "solutions" to take over the world is for people who know better to use them anwyay.
11:41 mircea_popescu i will never, under any circumstances and for any reason use https as if it were secure.
11:42 mircea_popescu i don't care that it's "somewhat better".
11:42 mircea_popescu either it solves the problem and then i buy it, or else it does not and then i do not buy it.
11:42 mircea_popescu i don't buy "sorta" solutions.
11:42 mircea_popescu god forbid i ever get cancer, the doctors will have a fucking handful with me
11:42 mircea_popescu "so does this cure it ? " "well... maybe..." "fu."
11:42 jurov forget https. most sites use *email* as if it was secure
11:43 Neil mircea_popescu: What happens to MPEX if you're run over by a bus?
11:43 jurov Neil i'll hire mercenaries and go to timisoara to take it over
11:43 mircea_popescu lol
11:43 jurov :DDDD
11:44 assbot [HAVELOCK] [AM100] 300 @ 0.00600016 = 1.8 BTC [-] {6}
11:44 mircea_popescu i dunno, i suppose goldman sachs' ll run it.
11:45 Neil I worked there once.
11:45 mike_c mitm ssl:
11:45 mike_c http://www.thoughtcrime.org/software/sslsniff/
11:45 ozbot Moxie Marlinspike >> Software >> sslsniff
11:47 assbot [MPEX] [S.MPOE] 2272 @ 0.00086549 = 1.9664 BTC [-]
11:47 diametric mike_c: you'll note that to deploy that successfully, and not make the browser shit red warnings everywhere, you'll need a forged cert.
11:47 jurov diametric or unpatched apple/linux machine
11:47 mircea_popescu forged certs are a matter of course
11:48 mircea_popescu jut impersonate cloudflare
11:49 bitcoinpete Speaking of cloudflare
11:49 bitcoinpete https://twitter.com/bitcoinpete/status/443409899687399424
11:49 ozbot Twitter / bitcoinpete: Check out @blockchain being ...
11:50 mike_c cloudflare is breaking the internet one stupid site at a time.
11:50 mircea_popescu yeah
11:50 Apocalyptic .d
11:50 ozbot 3.816 billion | Next Diff in 247 blocks | Estimated Change: 10.3029% in 1d 12h 40m 57s
11:51 mircea_popescu it's like... between cloudflare, what's that fucktardec omments thing
11:51 mircea_popescu disqus
11:51 mircea_popescu web is slowly dieing the death of a thousand idiots.
11:52 assbot [MPEX] [S.MPOE] 28500 @ 0.00086532 = 24.6616 BTC [-] {3}
11:53 assbot [HAVELOCK] [NEOBEE] 64 @ 0.00364 = 0.233 BTC [-] {3}
11:58 mircea_popescu lmao check out this guy
11:58 mircea_popescu https://bitcointalk.org/index.php?topic=333851.msg5637500#msg5637500
11:58 ozbot [Direct] BTC Growth - Forex Volatility Focus
11:59 assbot [HAVELOCK] [B.MINE] [PAID] 2.44287593 BTC to 3`707 shares, 65899 satoshi per share
12:02 assbot [HAVELOCK] [PETA] 15 @ 0.07419943 = 1.113 BTC [+] {4}
12:02 assbot [HAVELOCK] [COG] [PAID] 1.99778525 BTC to 13`595 shares, 14695 satoshi per share
12:03 assbot [MPEX] [S.MPOE] 17666 @ 0.00086842 = 15.3415 BTC [+]
12:03 assbot [HAVELOCK] [AM100] 34 @ 0.00600001 = 0.204 BTC [-]
12:04 assbot [HAVELOCK] [AM100] 46 @ 0.00600001 = 0.276 BTC [-]
12:05 thestringpuller disqus is still a thing?
12:05 thestringpuller i thought by now it went the way of geocities
12:05 assbot [HAVELOCK] [B.MINE] 9 @ 0.041789 = 0.3761 BTC [-] {3}
12:05 mircea_popescu no because chicks with college debt and no prospects keep adding it to their blogs
12:06 assbot [HAVELOCK] [B.MINE] 3 @ 0.0415 = 0.1245 BTC [-] {3}
12:06 dexX7 good thing that i use ghostery + adblock
12:07 assbot [HAVELOCK] [B.MINE] 3 @ 0.04125 = 0.1238 BTC [-] {2}
12:08 assbot [HAVELOCK] [B.MINE] 5 @ 0.041 = 0.205 BTC [-] {2}
12:09 mike_c i wish there were a one stop shop where i could find a veterinarian, a therapist, and a hedge fund manager.
12:10 assbot [HAVELOCK] [NEOBEE] 38 @ 0.00373314 = 0.1419 BTC [+] {5}
12:10 assbot [HAVELOCK] [AM100] 200 @ 0.006 = 1.2 BTC [-] {2}
12:11 assbot [HAVELOCK] [NEOBEE] 45 @ 0.0037651 = 0.1694 BTC [+] {5}
12:11 mircea_popescu hahaha
12:12 assbot [HAVELOCK] [NEOBEE] 26 @ 0.00388252 = 0.1009 BTC [+] {4}
12:13 assbot [HAVELOCK] [NEOBEE] 57 @ 0.00389978 = 0.2223 BTC [+] {2}
12:14 assbot [HAVELOCK] [B.MINE] 7 @ 0.04057142 = 0.284 BTC [-] {4}
12:15 mircea_popescu "Line to GET IN the security line is wrapped around the check-in area of the Austin airport. "
12:16 mircea_popescu maybe they should hire sony
12:16 deadweasel DrGregMullface was so funny that I'm now getting 502 for the forums.
12:16 dexX7 haha
12:16 dexX7 the forum is gettinmg 502 for more than a month now from time to time :S
12:17 dexX7 www.onename.io considers to add bitcointalk and wot
12:17 dexX7 kinda tells where those people came from
12:17 dexX7 or not came from
12:17 wao-ender oh, namecoin project?
12:17 wao-ender i'm totally supporting them
12:17 dexX7 it looks shiny
12:18 deadweasel wow, takes 9 developers to display a QR code
12:18 Apocalyptic hum nobody squatted 'mircea_popescu' yet
12:18 wao-ender :D
12:19 dexX7 somewhere in the reddit comments they said there will be some kind of authentification. like: you claim you are mp and insert his twitter handle, but to proof it, you'd need to post a verification tweet
12:20 mircea_popescu meh there's in principle 5k "services" like that and no barrier to entry
12:20 mircea_popescu tomorrow it'll be 1name.cx or w/e
12:21 Apocalyptic <dexX7> somewhere in the reddit comments they said there will be some kind of authentification // well if someone regged the u/* entry i wonder how can they claim it back
12:21 Apocalyptic it's not like they can enforce anything at this point
12:22 wao-ender v0v, i'm there! so social
12:22 dexX7 i have no idea how it works under the hood
12:22 wao-ender it's namespace u/ in namecoin?
12:23 Apocalyptic yes
12:23 Apocalyptic https://www.onename.io/mircea_popescu
12:23 Apocalyptic lol, someone just regged it
12:24 assbot [MPEX] [S.MPOE] 8592 @ 0.00086842 = 7.4615 BTC [+]
12:24 assbot [HAVELOCK] [AM100] 59 @ 0.006 = 0.354 BTC [-] {2}
12:24 wao-ender lol
12:25 dexX7 yesterday someone said this is trash. any insight why?
12:27 assbot [HAVELOCK] [RENT] 47 @ 0.00587222 = 0.276 BTC [-] {4}
12:28 assbot [HAVELOCK] [RENT] 94 @ 0.00576181 = 0.5416 BTC [-] {5}
12:28 assbot [HAVELOCK] [B.MINE] 20 @ 0.040115 = 0.8023 BTC [-] {2}
12:30 assbot [HAVELOCK] [AM1] 2 @ 0.63055 = 1.2611 BTC [+] {2}
12:32 assbot [HAVELOCK] [NEOBEE] 144 @ 0.00389978 = 0.5616 BTC [+] {6}
12:34 assbot [HAVELOCK] [PETA] 7 @ 0.06700013 = 0.469 BTC [-] {2}
12:35 assbot [HAVELOCK] [PETA] 5 @ 0.06700013 = 0.335 BTC [-]
12:35 assbot [HAVELOCK] [RENT] 25 @ 0.00599998 = 0.15 BTC [+] {3}
12:36 assbot [HAVELOCK] [B.MINE] 20 @ 0.0405 = 0.81 BTC [+]
12:38 assbot [HAVELOCK] [PETA] 5 @ 0.06700006 = 0.335 BTC [-] {3}
12:40 assbot [HAVELOCK] [B.MINE] 8 @ 0.0405 = 0.324 BTC [+]
12:41 assbot [HAVELOCK] [PETA] 3 @ 0.06700007 = 0.201 BTC [+]
12:42 assbot [HAVELOCK] [B.MINE] 4 @ 0.0405625 = 0.1623 BTC [+] {2}
12:48 assbot [MPEX] [S.MPOE] 15700 @ 0.00086527 = 13.5847 BTC [-] {2}
12:59 assbot [HAVELOCK] [AM1] 2 @ 0.63 = 1.26 BTC [-]
13:02 assbot [HAVELOCK] [AM100] 200 @ 0.006 = 1.2 BTC [-] {2}
13:04 assbot [MPEX] [S.MPOE] 20950 @ 0.0008682 = 18.1888 BTC [+] {2}
13:07 mircea_popescu kakobrekla how about linking bitbet bet income/outbound to blockr ?
13:09 assbot [HAVELOCK] [B.MINE] 3 @ 0.041 = 0.123 BTC [+]
13:10 assbot [MPEX] [S.MPOE] 19900 @ 0.00086927 = 17.2985 BTC [+] {3}
13:19 assbot [MPEX] [S.MPOE] 17350 @ 0.00087025 = 15.0988 BTC [+]
13:25 benkay this morning at the café, some nice lady is standing next to the air pot, idling, hoping for attention
13:26 benkay i go for coffe, she informs me that this air pot is empty
13:26 benkay so what is to be done but put the empty one on the counter and pop the cherry on the new one
13:26 benkay why can nobody do anything for themselves?
13:26 mike_c what the hell is an air pot?
13:27 mike_c ah. i did for myself and googled
13:27 mike_c hey benkay, did you ever end up making that rent short happen?
13:28 benkay nope
13:28 benkay !t h rent
13:28 assbot [HAVELOCK:RENT] 1D: 0.00570000 / 0.00595958 / 0.00654999 (457 shares, 2.72352803 BTC), 7D: 0.00550000 / 0.00558308 / 0.00900001 (28720 shares, 160.34603001 BTC), 30D: 0.00550000 / 0.00554085 / 0.00900001 (58409 shares, 323.63553001 BTC)
13:28 benkay cuz i r lazy
13:28 benkay and fukken
13:28 benkay busy
13:28 mike_c it popped up, but is sliding back.
13:28 benkay still noodling on a 6 month put basically
13:29 mike_c meh, just buy more btc. it would be slightly better.
13:29 benkay yeah.
13:29 benkay i've already decided on that strategy. i think rent plays are a red herring.
13:29 assbot [HAVELOCK] [CBTC] 1001 @ 0.00017531 = 0.1755 BTC [-] {13}
13:29 benkay plus, what do i look like, a trader?!
13:30 mike_c wheeler & dealer
13:30 assbot [HAVELOCK] [CBTC] 3999 @ 0.0001705 = 0.6818 BTC [-] {5}
13:31 benkay so when do the big markets start to price in the taper?
13:32 benkay when does the taper even kick in?
13:35 assbot [HAVELOCK] [NEOBEE] 50 @ 0.00389978 = 0.195 BTC [+]
13:35 assbot [HAVELOCK] [PETA] 29 @ 0.0744241 = 2.1583 BTC [+] {7}
13:35 assbot [MPEX] [S.MPOE] 13014 @ 0.00086487 = 11.2554 BTC [-] {2}
13:36 assbot [MPEX] [S.MPOE] 7178 @ 0.00086389 = 6.201 BTC [-]
13:36 assbot [HAVELOCK] [AM100] 449 @ 0.006 = 2.694 BTC [-]
13:37 mircea_popescu there's no taper.
13:37 assbot [HAVELOCK] [NEOBEE] 340 @ 0.00391923 = 1.3325 BTC [+] {8}
13:42 assbot [HAVELOCK] [AM1] 1 @ 0.63 BTC [-]
13:43 assbot [HAVELOCK] [NEOBEE] 400 @ 0.00396315 = 1.5853 BTC [+] {11}
13:48 assbot [MPEX] [S.MPOE] 5684 @ 0.00086371 = 4.9093 BTC [-] {2}
~ 28 minutes ~
14:16 assbot [MPEX] [S.MPOE] 12500 @ 0.00086634 = 10.8293 BTC [+]
14:25 dexX7 hey guise what do you think about a blockchain postcard service? users submit a message which is then posted via op_return. i bet some devs would love the idea! :D
14:29 benkay ipo it to the moon
14:32 mircea_popescu i thought this existed.
14:39 mircea_popescu http://trilema.com/2014/the-peeconomy/
14:39 ozbot The peeconomy pe Trilema - Un blog de Mircea Popescu.
14:39 assbot [MPEX] [S.MPOE] 11725 @ 0.00086955 = 10.1955 BTC [+] {2}
14:41 dexX7 brb creating cryptostocks ipo account
14:46 assbot [HAVELOCK] [B.MINE] 5 @ 0.04075 = 0.2038 BTC [-]
14:49 assbot [HAVELOCK] [B.MINE] 5 @ 0.0409 = 0.2045 BTC [+]
14:58 mircea_popescu http://upload.wikimedia.org/wikipedia/commons/9/91/CandaceBushnell.png omfg look at this troll
14:59 dexX7 "the ugly who became a writer instead of cum sucking slut"?
15:00 mircea_popescu well... "writer"
15:01 mircea_popescu she's a sorta leah, and as we all know it sucks to be leah
15:01 assbot [HAVELOCK] [AM1] 10 @ 0.613802 = 6.138 BTC [-] {6}
15:01 dexX7 well, i can't say that anything i ever wrote lead to a tv serie
15:02 assbot [HAVELOCK] [AM1] 98 @ 0.59465477 = 58.2762 BTC [-] {30}
15:02 the20year2 Are there any bitcoin businesses that are using GAAP-approved accounting?
15:02 mircea_popescu if i ever watched tv perhaps that'd sound like a lot more.
15:02 dexX7 don't, it's usually not worth
15:02 mircea_popescu the20year2 the bitcoin standard is the an0.
15:03 mircea_popescu even simplyfied as it is, very few actually use it.
15:03 assbot [HAVELOCK] [AM1] 92 @ 0.57480927 = 52.8825 BTC [-] {24}
15:03 the20year2 When did the bitcoin foundation approve an0?
15:03 dexX7 since when does create the foundation standards?
15:03 * TomServo ducks and covers
15:03 dexX7 ^ :D
15:03 mircea_popescu the who ?
15:04 the20year2 Isn't the client maintained by the foundation?
15:04 mircea_popescu nope.
15:04 the20year2 So, what's special about your accounting format?
15:04 mircea_popescu that it's the bitcoin standard.
15:04 mircea_popescu what's so special about the gaap ?
15:05 the20year2 It's accepted by a country with a 17t economy plus other economies resulting over 25t of gdp
15:05 mircea_popescu right
15:05 assbot [HAVELOCK] [AM1] 24 @ 0.57 = 13.68 BTC [-] {3}
15:05 mircea_popescu an0 is accepted by the exchange doing 90%+ of all bitcoin financials.
15:05 the20year2 Is it in use outside of mpex?
15:06 mircea_popescu nobody cares what the scammers do.
15:06 the20year2 So all companies outside of mpoe is a scammer?
15:06 mircea_popescu are. yes.
15:06 assbot [HAVELOCK] [AM1] 1 @ 0.57 BTC [-]
15:06 assbot [HAVELOCK] [AM100] 100 @ 0.0059217 = 0.5922 BTC [-] {6}
15:06 the20year2 And how is neobee scamming?
15:06 dexX7 or rent?
15:06 mircea_popescu not publishing financial results.
15:07 the20year2 Are an0 financials audited by outside organizations?
15:07 mircea_popescu there aren't such organisations yet.
15:08 * nubbins` chuckles
15:08 the20year2 So, financial reports are prepared by the company who issues them?
15:09 artifexd mp, an0 == http://trilema.com/2013/accounting-for-the-nonzero-asset-corporation-the-mpex-standard/ ?
15:09 mircea_popescu that's generally the way it goes, yes.
15:09 mircea_popescu artifexd yea
15:09 the20year2 So, what prevents the organization from lying?
15:09 mircea_popescu the20year2 bitcoin is not about preventing anyone from lying.
15:09 nubbins` the correct question is "how is lying identified"
15:09 mircea_popescu bitcoin is about the conseuqences of having lied.
15:10 joecool consequences will never be the same
15:10 nubbins` the answer is left as an exercise to the reader
15:10 mircea_popescu defo.
15:11 dexX7 havelock down, forums extremely slow
15:11 assbot [MPEX] [S.MPOE] 6650 @ 0.00087059 = 5.7894 BTC [+] {2}
15:14 mike_c has bitbet ever been ddos'd?
15:14 mircea_popescu the20year2 this dovetails nicely into your earlier curiosities re listing on mpex w/o an account. itstands to reason that large financial institutions that have their own account can keep their accounting straight ;
15:14 mircea_popescu whereas small players will have to retain the help of an investment banker, in which case they get auditing as a packaged deal anyway
15:15 mircea_popescu mike_c well people try occasionally.
15:15 the20year2 Maybe so
15:15 assbot [MPEX] [S.MPOE] 23504 @ 0.00086725 = 20.3838 BTC [-]
15:15 mike_c i take that to mean they aren' very successful
15:15 mircea_popescu not so far.
15:16 mircea_popescu didja see the thing where they tried to hijack the dns via social engineering ?
15:16 mike_c interesting, no.
15:16 mircea_popescu http://trilema.com/2014/o-hai-let-me-verify-your-identity/
15:16 ozbot O hai let me verify your identity pe Trilema - Un blog de Mircea Popescu.
15:17 mike_c wait, wasn't that how mpex got down? somebody impersonated you to a proxy server admin?
15:17 mircea_popescu yes, a year ago.
15:17 assbot [HAVELOCK] [AM100] 300 @ 0.00590256 = 1.7708 BTC [-] {7}
15:17 assbot [HAVELOCK] [B.MINE] 5 @ 0.04050001 = 0.2025 BTC [-]
15:17 mike_c hehe. cuddle-puddle.
15:18 joecool i've seen more than a few domains get jacked from social engineering, the best are ones that clone the site, set up shop somewhere without many laws (romania?), then monetize the stolen site
15:19 thestringpuller lol
15:19 joecool and even if the domain was with a US registrar it usually takes a month or two to go through the processes to get it back
15:19 joecool and a lot of money
15:19 assbot [HAVELOCK] [B.MINE] 5 @ 0.04034999 = 0.2017 BTC [-] {5}
15:19 thestringpuller someone would have just manipulated the mpex trades
15:19 mircea_popescu they need to cease this id-by-email bs.
15:20 thestringpuller and made it look like real trades
15:20 mircea_popescu it's about as bad as "cc over the phone"
15:20 thestringpuller and profit on people trading on bad info
15:20 mircea_popescu thestringpuller it got caught pretty quick.
15:20 joecool mircea_popescu: cc over the phone is less bad in my opinion
15:20 assbot [HAVELOCK] [B.MINE] 7 @ 0.0401 = 0.2807 BTC [-]
15:20 assbot [HAVELOCK] [B.SELL] 2 @ 0.09298999 = 0.186 BTC [+] {2}
15:20 mircea_popescu joecool why ?
15:21 joecool mircea_popescu: it's fairly easily reversible, just claim the charges were fraud
15:21 joecool mircea_popescu: not like a CC carries any sort of personal info other than name and address which are often already public record
15:21 assbot [HAVELOCK] [B.SELL] 6 @ 0.09339 = 0.5603 BTC [+]
15:21 mircea_popescu well sure, reversible.
15:21 mircea_popescu the fact you can reverse it doesn't mean it didn't fail thjo
15:21 thestringpuller yea but the attacker wouldn't have profited directly on stealing people's money, mpex key is still guarded by naked lady ninja assassins
15:22 joecool thestringpuller: that would depend on whether the attacker actually received goods, if they ran a merchant account they'd have the money clawed back
15:22 mircea_popescu joecool they do triangles.
15:22 thestringpuller i was talking more about an attacker getting access to mpex key via the proxy
15:23 thestringpuller but I don't think the proxy decrypts trades just announces
15:23 joecool mircea_popescu: skimmers are a bigger threat if you can duplicate the magstripe, but most non-US countries figured that out and went chip and pin
15:24 mircea_popescu not what i meant. what i meant was, fraudster sells the merchandise to ignorant buyer, gets irreversible payment from him
15:24 joecool ie. if i walk into a store with a stolen magstripe you don't know i have, i can purchase goods and even if there's a chargeback, it only claws back from the store those goods were bought at
15:24 mircea_popescu you can reverse all you want, it;s not really helping much
15:24 mircea_popescu right
15:25 joecool oh sure yeah if you pull the old paypal-style MITM that's burned so many people in OTC
15:25 nubbins` even places that use chip-and-pin will fallback to magstripe if there's a problem with the chip
15:25 mircea_popescu ^
15:25 mircea_popescu fiat world security is appalling
15:25 nubbins` grab a chip and pin card, rewrite the stripe, smash the chip with a ball-peen hammer
15:26 nubbins` a friend of mine had "PLEASE ASK FOR PHOTO ID" on the signature panel of his credit card some years ago
15:26 joecool true heh, in canada i use magstripe and it throws off all the clerks
15:26 nubbins` he says "watch this"
15:26 joecool cause only one or two US issuers have chip and pin as an option
15:26 nubbins` pays for item in store, cashier looks at back, says "heh" and swipes the card
15:27 joecool nubbins`: i've tested this theory, writing various things like "I STOLE THIS CARD" on the signature pad
15:27 dexX7 nubbins`: "please ask for photo id" - that's an awesome move
15:27 nubbins` heh
15:27 joecool only two types of places ever gave me shit
15:27 joecool 1. best buy
15:27 nubbins` great idea but you might as well say "FREE BLOWJOB PLZ"
15:27 joecool 2. stores around ghetto'd aeras
15:27 joecool *areas
15:27 nubbins` for all the good it does
15:28 the20year2 I guess it wouldn't be too difficult to publish an0 + gaap reports
15:28 mircea_popescu the blowjob you might get
15:28 nubbins` but for free?
15:28 nubbins` "sorry my break isn't for another half hour"
15:28 mircea_popescu the20year2 i'll bet you you'll be giving up on the gaap style within 12 reporting periods
15:29 mircea_popescu 10x the effort, hardly any extra benefit delivered
15:29 mircea_popescu but by all means, try the experiment
15:29 the20year2 If we use GAAP it makes it easier to transition to a public corp
15:30 mircea_popescu nothing wrong with keeping multiple styles anyway
15:30 mircea_popescu most large corps do both gaap and ifra anyway
15:30 assbot [MPEX] [S.MPOE] 5500 @ 0.00087063 = 4.7885 BTC [+]
15:30 the20year2 an0 looks pretty simple, and my idea was to publish something non-gaap anyways since i don't think we can count bitcoin in that, and we'll always have btc balances onhand, so I planned on issuing non-gaap reports at the same time the gaap ones were done (TSLA does that)
15:31 thestringpuller mircea_popescu: MPOE will still pay dividends from new sign up fees no?
15:31 thestringpuller dumb question
15:31 thestringpuller disregard
15:31 thestringpuller lol
15:31 the20year2 Although in the case of tesla, they issued the non-gaap a few hours before gaap and gained an extra $50/share
15:31 mircea_popescu and the sec never investigated
15:32 mircea_popescu cause they were too busy confiscating the money of traders who had bought options on berkshire
15:32 the20year2 Yeah , i don't know though if it's illegal to issue non-gaap reports
15:32 mircea_popescu but look here : some people bought options, in switzerland. they had their accounts frozen and they were required to... prove!!! they didn't trade on insider info.
15:33 mircea_popescu meanwhile, tesla creates random info disparities, nobody cares.
15:33 mircea_popescu quite scandalous, at least to my eye.
15:34 the20year2 how big was the loss/gain on the berkshire stuff?
15:35 mircea_popescu like 20x, a few million
15:36 the20year2 tesla's was way more than a few million
15:36 mircea_popescu kinda my point.
15:37 mircea_popescu https://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171512848
15:37 mircea_popescu that's the link
15:37 ozbot SEC.gov | SEC Freezes Assets in Swiss-Based Account Used in Suspected Insider Trading Ahead of Hein
15:37 mircea_popescu so what i want to know is, how many accounts that traded on the pre-gaap release were frozen by the sexc
15:38 mircea_popescu if they have the time to freeze 100k worth of options.
15:38 the20year2 usgov has alot behind tesla's success
15:38 mircea_popescu right.
15:38 assbot [HAVELOCK] [HMF] 5 @ 0.02114995 = 0.1057 BTC [+]
15:38 mircea_popescu basically we're seeing the 1990s of the russian republic all over again.
15:39 mircea_popescu here are the companies the government supports, here are the people it doesn't support, "rule of law" stuff.
15:39 the20year2 Just about
15:40 mircea_popescu so you know, where's the list of washington, dc people who bought tsla pre-release.
15:40 mircea_popescu that's what an investigative finacial journo that's looking to jump out of a window would pursue.
15:42 nubbins` or in front of a subway!
15:43 mircea_popescu easier to "find" satoshi i guess.
15:44 assbot [HAVELOCK] [B.MINE] 19 @ 0.04005262 = 0.761 BTC [-] {5}
15:47 assbot [HAVELOCK] [HMF] 15 @ 0.02034704 = 0.3052 BTC [-] {4}
15:48 mike_c what. the. fuck. "all ur assets belong to us". and now they have to *prove* their innocence?
15:48 mircea_popescu why's Plaxant sound familiar to me.
15:48 dexX7 here is a general warning: mp cooperates with the sec, so be careful what you tell here
15:48 mircea_popescu mike_c yeah, they weren't on the list of people who are allowed to make moneyz.
15:49 mircea_popescu dexX7 aren;t you in the us ?
15:49 dexX7 hehe no
15:50 Plaxant mircea_popescu I don't know
15:52 mircea_popescu anyway, no, we're not there yet. currently the sec is trying to get its shit together to be able to cooperate with mp.
15:53 mike_c what a joke. "Plaintiff Securities and Exchange Commission ("Commission"), for its Complaint against
15:53 mike_c defendants Certain Unknown Traders"
15:56 mircea_popescu mike_c put that in perspective. the bezzle is the bezzle. people who are authorised to handle the imaginary portion of the monetary base may do X Y Z types of things. people who are not, however, may not.
15:57 mircea_popescu a trillion dollars is not much loss for usg ineptitude. a hundred grand is too much gain for real world people,
15:57 mircea_popescu for the directly obvious reason that the trilion in question doesn't really exist.
15:58 mike_c the asset seizure laws are what get me.. they are just unbelievable.
15:58 mircea_popescu the system is desperate to acquire as much as possible of the real portion of the monetary base.
15:58 mircea_popescu that's why they'll gladly give you "401k" in exchange for your paycheck.
15:59 mircea_popescu the 401k is b*i type.
15:59 mircea_popescu your paycheck is a type
15:59 dexX7 http://www.dfs.ny.gov/about/po_vc_03112014.htm
15:59 dexX7 no gribble preview? "NYDFS ISSUES PUBLIC ORDER ON VIRTUAL CURRENCY EXCHANGES"
16:00 mircea_popescu it's just an "order" to consider proposals.
16:01 mircea_popescu dunno who wants to make a ny exchange, anyway.
16:01 dexX7 the second market/circle guys afaik
16:01 mircea_popescu but that's at least part of why the "someone will actually manage to spring up somewhere to allow us to trade in confidence" part is in the last mpoe statement.
16:01 mircea_popescu yeah, maybe.
16:02 dexX7 yeah well. is this a bad thing?
16:02 mircea_popescu i don't see why it would be a bad thing.
16:03 mircea_popescu people who like it can move to ny, people who don't like it can move out of ny.
16:03 dexX7 yup
16:03 mircea_popescu it's unlikely to buck the us emigration trend, but who knows.
16:06 assbot [HAVELOCK] [B.MINE] 12 @ 0.04 = 0.48 BTC [-]
16:08 assbot [HAVELOCK] [KCIM] 125 @ 0.00324 = 0.405 BTC [+]
16:09 mircea_popescu lemme spam you all :
16:09 mircea_popescu Stock Splits and Stock Activity
16:09 mircea_popescu We often are asked why Berkshire does not split its stock.
16:09 mircea_popescu The assumption behind this question usually appears to be that a
16:09 mircea_popescu split would be a pro-shareholder action. We disagree. Let me
16:09 mircea_popescu tell you why.
16:09 mircea_popescu One of our goals is to have Berkshire Hathaway stock sell at
16:09 mircea_popescu a price rationally related to its intrinsic business value. (But
16:09 mircea_popescu note “rationally related”, not “identical”: if well-regarded
16:09 mircea_popescu companies are generally selling in the market at large discounts
16:09 mircea_popescu from value, Berkshire might well be priced similarly.) The key to
16:09 mircea_popescu a rational stock price is rational shareholders, both current and
16:09 mircea_popescu prospective.
16:09 mircea_popescu If the holders of a company’s stock and/or the prospective
16:09 mircea_popescu buyers attracted to it are prone to make irrational or emotion-
16:09 mircea_popescu based decisions, some pretty silly stock prices are going to
16:09 mircea_popescu appear periodically. Manic-depressive personalities produce
16:09 mircea_popescu manic-depressive valuations. Such aberrations may help us in
16:09 mircea_popescu buying and selling the stocks of other companies. But we think
16:09 mircea_popescu it is in both your interest and ours to minimize their occurrence
16:09 mircea_popescu in the market for Berkshire.
16:09 mircea_popescu To obtain only high quality shareholders is no cinch. Mrs.
16:10 mircea_popescu Astor could select her 400, but anyone can buy any stock.
16:10 mircea_popescu Entering members of a shareholder “club” cannot be screened for
16:10 mircea_popescu intellectual capacity, emotional stability, moral sensitivity or
16:10 mircea_popescu acceptable dress. Shareholder eugenics, therefore, might appear
16:10 mircea_popescu to be a hopeless undertaking.
16:10 mircea_popescu In large part, however, we feel that high quality ownership can be attracted and maintained if we consistently communicate our business and ownership philosophy - along with no other conflicting messages - and then let self selection follow its course. For example, self selection will draw a far different crowd to a musical event advertised as an opera than one advertised as a rock concert even though anyon
16:10 mircea_popescu e can buy a ticket to either.
16:10 mircea_popescu Through our policies and communications - our “advertisements” - we try to attract investors who will understand our operations, attitudes and expectations. (And, fully as important, we try to dissuade those who won’t.) We want those who think of themselves as business owners and invest in companies with the intention of staying a long time. And, we want those who keep their eyes focused on business resul
16:10 mircea_popescu ts, not market prices.
16:10 mircea_popescu Investors possessing those characteristics are in a small minority, but we have an exceptional collection of them. I believe well over 90% - probably over 95% - of our shares are held by those who were shareholders of Berkshire or Blue Chip five years ago. And I would guess that over 95% of our shares are held by investors for whom the holding is at least double the size of their next largest. Among companies
16:10 mircea_popescu with at least several thousand public shareholders and more than $1 billion of market value, we are almost certainly the leader in the degree to which our shareholders think and act like owners. Upgrading a shareholder group that possesses these characteristics is not easy.
16:10 mircea_popescu Were we to split the stock or take other actions focusing on stock price rather than business value, we would attract an entering class of buyers inferior to the exiting class of sellers. At $1300, there are very few investors who can’t afford a Berkshire share. Would a potential one-share purchaser be better off if we split 100 for 1 so he could buy 100 shares? Those who think so and who would buy the stoc
16:10 mircea_popescu k because of the split or in a
16:10 mircea_popescu split or in anticipation of one would definitely downgrade the quality of our present shareholder group. (Could we really improve our shareholder group by trading some of our present clear-thinking members for impressionable new ones who, preferring paper to value, feel wealthier with nine $10 bills than with one $100 bill?) People who buy for non-value reasons are likely to sell for non-value reasons. Their pre
16:10 mircea_popescu sence in the picture will accentuate erratic price swings unrelated to underlying business developments.
16:10 mircea_popescu apparently a smaller amt of phone number isn't better after all!
16:13 dub is this some form of comedy?
16:13 mircea_popescu it must be.
16:14 joecool !rate mircea_popescu 1 seems legit
16:14 * chatquack stands and claps
16:14 assbot [HAVELOCK] [CBTC] 2770 @ 0.0001799 = 0.4983 BTC [+]
16:14 mircea_popescu anyway, the hate re finance industry continues, http://www.berkshirehathaway.com/letters/1983.html
16:15 assbot [MPEX] [S.MPOE] 2753 @ 0.0008686 = 2.3913 BTC [-]
16:15 mircea_popescu and to wash the horror of all that text,
16:15 mircea_popescu http://25.media.tumblr.com/8b4c582f11725ac5b4d081686b48c9e2/tumblr_msq4bc4AMn1s2kr10o1_1280.jpg
16:20 mircea_popescu http://www.siliconbeat.com/2014/03/11/bitcoin-foundation-ramps-up-lobbying-efforts-with-high-profile-hires/
16:21 ozbot Bitcoin Foundation ramps up lobbying efforts with high-profile hires | SiliconBeat
16:21 mircea_popescu lulzy : as it is downgraded to "one of the world’s leading advocacy groups for the cybercurrency," bitcoin foundation hires jim harper and some pr
16:22 bitcoinpete In continuing our celebration of Privilege Day:
16:22 bitcoinpete "Those in the 21st century who are most enamored of the word privilege—and often wield it as a bludgeon—make two mistakes. First, as Skwire shows us, they underestimate the complexity of power dynamics and social context. But they often take it a step further. In the name of reducing their newer, fuzzier kind of social privilege, they often advocate increases in the simple, old-fashioned, government-based variety."
16:22 bitcoinpete http://www.fee.org/the_freeman/detail/check-your-history
16:22 ozbot Check Your History : The Freeman : Foundation for Economic Education
16:23 bitcoinpete More from another MK, Marcus instead of Lords
16:23 mircea_popescu all this aside : nobody has so far explained what the problem is with privilege in the first place.
16:23 mircea_popescu some people are better than others. intrinsically so. unequivocally so. what of it ?
16:24 assbot [MPEX] [S.MPOE] 16026 @ 0.0008686 = 13.9202 BTC [-]
16:25 bitcoinpete I wish I had an answer
16:25 mircea_popescu all these kids running around acting as if universal equality is somehow a fait accompli.
16:26 mircea_popescu ridoinkulous.
16:26 bitcoinpete it's not signed and sealed yet, gays can't marry everywhere and we don't have free govweed
16:26 assbot [HAVELOCK] [DEALCO] 117 @ 0.00488 = 0.571 BTC [+]
16:26 ThickAsThieves "privilege" is in the same toolkit as "mean"
16:27 bitcoinpete and we still have to share our privilege with africa
16:27 ThickAsThieves a separation of logic and comfort
16:27 bitcoinpete his will be dun
16:27 benkay the20year2: your operation can't possibly file an0.
16:28 dub they shared AIDS with us, its only fair
16:33 mircea_popescu dub i thought the monkeys gave us aids
16:34 mircea_popescu because privileged upper class british explorer people got bored playing the anthropologist
16:39 mike_c it's not FAIR. that's what of it.
16:39 mike_c re:privelege
16:41 dexX7 The stability and longevity of the virtual currency, which exists outside of government and bank regulation, has been in question ... yeah well, tells enough
16:42 dexX7 sometimes i wonder why such experts dare to think their contribution was asked for in the first place
16:43 mircea_popescu hey, me too.
16:44 assbot [MPEX] [S.MPOE] 30800 @ 0.00086686 = 26.6993 BTC [-] {3}
16:46 mircea_popescu ;;later tell copumpkin http://polimedia.us/bitcoin/mpoe_sign.txt
16:46 gribble The operation succeeded.
16:49 assbot [MPEX] [S.MPOE] 72000 @ 0.00086569 = 62.3297 BTC [-] {5}
16:50 assbot [HAVELOCK] [AM100] 300 @ 0.00615994 = 1.848 BTC [+]
16:50 assbot [HAVELOCK] [AM1] 3 @ 0.62632993 = 1.879 BTC [+] {3}
16:51 assbot [HAVELOCK] [AM100] 343 @ 0.00615994 = 2.1129 BTC [+] {2}
16:51 assbot [HAVELOCK] [AM1] 1 @ 0.628 BTC [+]
16:53 assbot [HAVELOCK] [NEOBEE] 31 @ 0.00386884 = 0.1199 BTC [-] {3}
16:58 assbot [HAVELOCK] [PETA] 25 @ 0.06800694 = 1.7002 BTC [-] {7}
17:12 assbot [HAVELOCK] [COG] 21 @ 0.04378767 = 0.9195 BTC [-] {6}
17:14 assbot [HAVELOCK] [COG] 22 @ 0.04300321 = 0.9461 BTC [-] {4}
17:15 assbot [HAVELOCK] [AM100] 40 @ 0.00615994 = 0.2464 BTC [-]
17:16 assbot [HAVELOCK] [AM1] 1 @ 0.618 BTC [-]
17:22 assbot [HAVELOCK] [COG] 7 @ 0.04300333 = 0.301 BTC [+]
17:27 assbot [MPEX] [S.MPOE] 1400 @ 0.00086916 = 1.2168 BTC [+]
17:36 assbot [MPEX] [S.MPOE] 7750 @ 0.00086777 = 6.7252 BTC [-]
17:39 assbot [HAVELOCK] [B.MINE] 3 @ 0.04 = 0.12 BTC [-]
17:40 jurov i did not get the overstock spam, should i fear i'll be left behind by impending rapture?
17:40 mircea_popescu as you can see
17:40 mircea_popescu we are being left behind
17:41 jurov Patrick Byrne: Bitcoin Messiah, CEO of Overstock, Scourge of Wall Street
17:41 assbot [HAVELOCK] [B.MINE] 3 @ 0.04 = 0.12 BTC [-]
17:42 mircea_popescu another one ?
17:42 mircea_popescu http://trilema.com/2012/eskimo-nell/
17:42 jurov trying to reinvent austro-hungarian nomenclature and failing badly
17:42 mircea_popescu cause you didn't use enough dashes.
17:42 mircea_popescu you gotta dash the audience
17:42 assbot [MPEX] [S.MPOE] 5500 @ 0.00086777 = 4.7727 BTC [-]
17:43 BingoBoingo https://twitter.com/csoghoian/status/443488826795646976/photo/1
17:43 mircea_popescu His Most Eminent Serenicy, Patrick Byrne, Messiah-CEO of the Bitcoin Realms
17:43 mircea_popescu BingoBoingo win
17:44 BingoBoingo Eh, this web thing isn't for security
17:44 mircea_popescu also Chris Morrow is pretty hawt
17:45 jurov "Go forth in search of fun" translates into "Merg sa-si caute pizde de scos la raport", rly?
17:46 kakobrekla http://bou.si/rest/namorm.png
17:46 kakobrekla runnin low on coin.
17:46 jurov nice css
17:46 mircea_popescu jurov well that'd be untranslatable.
17:47 kakobrekla yes, lel, the guy making the shot mentioned i should look at css.
17:47 mircea_popescu but literally it'd be "they go looking for cunts to make fall-in", as in the military thing.
17:48 mircea_popescu fall in for inspection
17:48 mircea_popescu kakobrekla is that what they say when an acct is unverified ? or is it what they say when they're out of btc ?
17:50 kakobrekla i dunno what difference does it make, its btc we are talking bout
17:51 mircea_popescu if you have some bitcoin it's not your bitcoin
17:51 mircea_popescu obamastamp
17:51 kakobrekla also it IS verified.
17:52 benkay mystical coins
17:52 mircea_popescu oh
17:52 mircea_popescu well that's not so good.
17:53 Bunnyh i got that too a few weeks ago. i got an email too, which explained that withdrawal was blocked because of attempted phishing attacks, and i had to contact support
17:53 Bunnyh took a few days to clear that out
17:54 assbot [MPEX] [S.MPOE] 18000 @ 0.00086799 = 15.6238 BTC [+] {3}
17:54 mircea_popescu Bunnyh so did you get your bitcoin back eventually ?
17:54 kakobrekla phishing attacks cause they were hacked which they didnt admit?
17:54 mircea_popescu kakobrekla stop slandering you soul you.
17:55 Bunnyh yes, after they finally cleared the block the withdraw was pretty fast
17:55 mircea_popescu bitstamp is like a respectable business and everything
17:55 mircea_popescu they just don't know what they're doing is all
17:55 Bunnyh first support response was the same message, even with the "Please contact support part", that was a bit funnyt
17:56 mircea_popescu lmao
17:56 Duffer1 ha
17:58 Bunnyh i had only 6 BTC there so unless everyones withdraws were blocked at that time, i can't imagine it was any kind of liquidity problem
17:58 thestringpuller ;;google tony hawk twitter hunt
17:58 gribble Tony Hawk Twitter Hunt 2014: <http://www.tonyhawk.com/thth/>; Tony Hawk (tonyhawk) on Twitter: <https://twitter.com/tonyhawk>; Tony Hawk wants you to find a prize via Twitter – USATODAY.com: <http://www.usatoday.com/sports/action/story/2012-04-14/tony-hawk-twitter-hunt-to-kick-off/54272918/1>
17:59 mircea_popescu Bunnyh unless they have a fractional reserve problem and then they do rolling window withdrawals
17:59 mircea_popescu trying to delay everyone a set interval.
18:00 mircea_popescu (this is useful for the fractional reserve business not exactly because it improves cash flow, which it does not, but much moire because it allwos it to "see into the future", as it were, ie to know ahead of time what financial resources it will need down the road)
18:10 dexX7 they don't have one and were audited
18:11 dexX7 but nevertheless i think they were attacked, the number of reports of spam to bitstamp users is very, very high
18:11 jurov http://www.ehackingnews.com/2014/03/bitstamp-hacked-users-are-receiving.html says they admitted it to eleuthria
18:12 assbot [MPEX] [S.MPOE] 11400 @ 0.00086656 = 9.8788 BTC [-]
18:16 Bunnyh from what i can tell it looks like bitstamp isn't using any spf rules on their domain, wouldn't that block many phishing attempts?
18:16 mike_c spf + domainkeys help.
18:19 kakobrekla www.coindesk.com/new-york-accepting-applications-digital-currency-exchanges/
18:19 kakobrekla here we go :D
18:20 assbot [MPEX] [S.MPOE] 14800 @ 0.00086401 = 12.7873 BTC [-] {2}
18:21 dub to da moon like doge?
18:21 kakobrekla like aurora
18:22 nubbins` i hope ninjashogun comes back later and pesters us into giving him money
18:22 kakobrekla in april we should do an astronaut dresscode or something
18:22 nubbins` heh
18:22 nubbins` finally, an excuse to wear my spacesuit
18:24 FabianB ;;bc,stat
18:25 gribble Error: "bc,stat" is not a valid command.
18:25 FabianB [As
18:25 FabianB ;;bc,stats
18:25 gribble Current Blocks: 290098 | Current Difficulty: 3.81572379881463E9 | Next Difficulty At Block: 290303 | Next Difficulty In: 205 blocks | Next Difficulty In About: 1 day, 3 hours, 57 minutes, and 16 seconds | Next Difficulty Estimate: 4206454280.77 | Estimated Percent Change: 10.24001
18:25 FabianB ;;calc 3.81572379881463E9/10000.0
18:25 gribble Error: invalid syntax (<string>, line 1)
18:26 FabianB ;;calc 4206454280.77/10000.0
18:26 gribble 420645.428077
18:26 mircea_popescu dexX7 audited ? what are you talking about ?
18:27 mircea_popescu kakobrekla you're late :D
18:27 dexX7 sec
18:27 dexX7 www.coindesk.com/bitstamp-audit-proves-behind-147m-mystery-bitcoin-wallet/
18:27 dexX7 inb4 ".co domain, not legit"
18:27 FabianB !t m X.IDIFF.MAR
18:27 assbot [MPEX:X.IDIFF.MAR] 1D: 0.00290837 / 0.00294764 / 0.003 (350 shares, 1.03 BTC), 7D: 0.00290837 / 0.00294764 / 0.003 (350 shares, 1.03 BTC), 30D: 0.00290837 / 0.00294764 / 0.003 (350 shares, 1.03 BTC)
18:28 kakobrekla >>Kodrič also projected this process would “raise the bar” for other exchanges to follow suit.
18:28 mircea_popescu so coindesk links a pdf published on bitstamp;'s website
18:28 kakobrekla careful there, one day he wont be able to reach it. the bar i mean
18:28 mircea_popescu i think perhaps you're unfamiliar with what an audit is ?
18:29 dexX7 well, it would certainly be nice, if it were firestartr.co who hosted the file and even more, if it were gpg signed, that of course
18:29 mircea_popescu right.
18:29 mircea_popescu and ideally, if it WEREN'T firestarter.co
18:29 assbot [HAVELOCK] [NEOBEE] 26 @ 0.0039 = 0.1014 BTC [+]
18:29 mircea_popescu but some actual auditor with an actual track record of auditing.
18:30 kakobrekla fuck i just found out that bitcoin does indeed pay interests
18:30 mircea_popescu random website with a domains by proxy registration and a prepackaged css suite slapped in fails to impress.
18:30 kakobrekla you just need to have a large enough wallet and spammer idiots will sends satoshis to your balance along with a blockchain info note
18:30 dub no virgins for you
18:30 kakobrekla infinite money
18:30 dub derka derka
18:30 mircea_popescu Registered OnMay 15, 2013 wait even better
18:31 dexX7 Firestartr's team has been behind €6.7Bn in transactions over the last 20 years; a dozen trade sales and IPOs and started eight companies from scratch covering brands like Skype, Orchestream and Geneva. Our current community of ventures includes names like Rightster, Teleportd, Badoo, Pusher, Fanatix and UC4 Software.
18:31 mircea_popescu who ?
18:31 mircea_popescu "team". whio ? they have a website which consists of... "we"
18:32 mircea_popescu badoo ?!
18:32 mircea_popescu what the fuck parallel reality is this.
18:32 dexX7 huh?
18:32 mircea_popescu Badoo is a dating-focused social networking service, founded in 2006, which uses deceptive tactics to attract new users
18:32 mircea_popescu a history of fraudulent behaviour, and random cardboard web ventures
18:32 mircea_popescu just want you want out of an "auditor"
18:33 mircea_popescu and if they list badoo, which is owned and operated by the russian... shall we not call it online fraud division, but merely refer to it as "Андрей Оганджанянц".
18:34 mircea_popescu i would like to know why other stuff like spylog or begun aren't listed there
18:34 mircea_popescu or w/e, mamba.ru
18:34 dexX7 so what are you saying? do you doubt that the result of the "audit" is legit and bitstamp is running a fractional reserve?
18:34 mircea_popescu i am saying that either the firestartr thing is an outright fraud,
18:35 mircea_popescu or else it's a deceptive front for a well known group of grayhats
18:35 mircea_popescu to put it mildly.
18:36 mircea_popescu anyway, that aside, i appreciate the humour of jess powell signing statements,
18:36 mircea_popescu seeing how kraken managed to fuck up deposit addresses creating a mess worth 100s of btc, that they lied about.
18:37 mircea_popescu someone should tell cary it's a bad idea to CONTINUE signing in the company of such doofusry.
18:38 assbot [HAVELOCK] [HMF] 56 @ 0.02012201 = 1.1268 BTC [-] {7}
18:41 assbot [HAVELOCK] [B.MINE] 5 @ 0.04 = 0.2 BTC [-]
18:42 nubbins` kakobrekla: enjoy sochi!
18:42 assbot [HAVELOCK] [AM100] 172 @ 0.0061 = 1.0492 BTC [+]
18:42 assbot [HAVELOCK] [AM1] 1 @ 0.601 BTC [-]
18:43 mircea_popescu dexX7 did all that coalesce into a point for you ?
18:44 dexX7 sure
18:44 dexX7 +
18:44 dexX7 <dexX7> inb4 ".co domain, not legit"
18:44 dexX7 :D
18:44 nubbins` bit of a long shot, but do any of you guys have casascius coins?
18:44 dexX7 no :(
18:44 nubbins` i'm trying to track down a brass 2011 series-2
18:44 Duffer1 i ish
18:44 mircea_popescu dexX7 ok, let's go through it slower.
18:44 nubbins` so fuckin hard to find
18:44 dexX7 no
18:45 moiety ok. i woke up. i have no idea wtf ive been thinking for the past ....months. *new leaf*
18:45 mircea_popescu so, bitstamp is this bitcoin exchange. people have been havng their doubts about it for a while. bitstamp came up with this theory whereby it's been audited.
18:45 nubbins` people are all hung up on 2011 "error coins" (series-1), oblivious to the fact that the series-2 2011s are so much more rare
18:45 dexX7 i agree and i expected something such a reaction. you don't need to convince me or something
18:45 dexX7 -something
18:45 mircea_popescu i'd like to lay the thing out so it can be followed.
18:46 assbot [HAVELOCK] [AM100] 105 @ 0.0059034 = 0.6199 BTC [-] {7}
18:46 dexX7 well then, why not :)
18:46 BingoBoingo nubbins`: Is that ninjashogun restaurant guy still asking for money because some mystery man in #dogecoin left him hanging on hit 1337 hardware project
18:46 mircea_popescu so, this purported audit is in very poor form, for a myriad of reasons, such as for instance it being published by the audited entity rather than by the auditor.
18:46 * BingoBoingo is catching up on logs
18:46 mircea_popescu more importantly, the purported auditor does not substantially exist. it consists of a recently registered, domain-by-proxy website, upon which some random copy has been plastered.
18:47 assbot [HAVELOCK] [AM1] 1 @ 0.601 BTC [-]
18:47 nubbins` BingoBoingo: yeah, you tell him that there's no way in hell and that he's wasting his time, and he tries to argue that it's worth his time and it's totally a possibility
18:47 mircea_popescu this copy fails the form test, and more importantly makes some claims, which would seem to be false.
18:47 mircea_popescu specifically, their claim as to be behind badoo is immediately suspect, seeing how a) badoo is not particularly a respectable venture and b) it is run by a certain group of russian folk, well known to be disreputable.
18:48 assbot [MPEX] [S.MPOE] 5050 @ 0.00086353 = 4.3608 BTC [-]
18:48 assbot [HAVELOCK] [HMF] 19 @ 0.01940161 = 0.3686 BTC [-] {3}
18:48 moiety BingoBoingo: did he interview everyone via pm, like me?
18:48 mircea_popescu also important, that same group of russian folk run a number of other ventures, which are inexplicably absent from the firestartr claims,
18:48 BingoBoingo Well, when ButtStamp dies this fall, I reckon people outside the WoT will largely be outside of BTC forever.
18:48 BingoBoingo moiety: Indeed he did it seems
18:48 mircea_popescu whereas skype, claimed by firestartr, is obviously not theirs to claim.
18:48 mircea_popescu these facts allow two constructions : either firestartr is simply lying, and has no relation to badoo any more than it has to skype
18:49 assbot [HAVELOCK] [AM100] 38 @ 0.0059 = 0.2242 BTC [-] {3}
18:49 mircea_popescu basically some kid just put random names on a website
18:49 BingoBoingo http://deadspin.com/marlins-dad-abandons-son-for-ground-rule-double-1541200832
18:49 mircea_popescu or else, it is in fact related, and for whatever reason the respective disreputable russian group does not wish to admit to it. so it's more like a front.
18:50 assbot [HAVELOCK] [AM1] 1 @ 0.601 BTC [-]
18:50 mircea_popescu these considerations sink the entire thing, either way. either way they've lied, which means they can't audit.
18:50 mircea_popescu make sense now ?
18:50 dexX7 yes
18:51 assbot [HAVELOCK] [AM1] 2 @ 0.601 = 1.202 BTC [-]
18:51 nubbins` bingo, lel
18:51 BingoBoingo Well, bitcoin. It's hard to tell Buttstamp knew what an audit was, other than having had one seemed like a good thing.
18:51 BingoBoingo Then they forget audit is a term of art
18:51 mircea_popescu good, cause on re-read the first verion seemed to me to be making little sense if at all.
18:51 BingoBoingo And were in no way capable of having an actual audit
18:52 assbot [HAVELOCK] [B.SELL] 3 @ 0.09319999 = 0.2796 BTC [-]
18:53 mircea_popescu BingoBoingo well for what it's worth they seem to more or less have moved a bunch of coins in november
18:53 mircea_popescu tho i don't seem to find any proper proof, like signatures.
18:53 mircea_popescu if anyone wants to help dig that can't hurt.
18:56 mircea_popescu http://imgur.com/cpQEV86 holy shit, that's the end of it
18:56 mircea_popescu ponzi advertising ?
18:56 moiety THATS ^ what i said other day!!!
18:56 mircea_popescu so hows your new leaf ?
18:57 moiety i'm not sure how to start it i just want it. does that make any sense?
18:57 BingoBoingo mircea_popescu: Ponzis buying ads on the forum openly is no new news.
18:57 mircea_popescu news to me, sorry
18:57 mircea_popescu moiety sure.
18:57 BingoBoingo There was a thread in Meta, I'll dig it up
18:57 mircea_popescu "Marc Andreessen favorited your Tweets 11h: Reply to @pmarca If your intel dept didn't stink, you'd know all about BitBet. http://bitbet.us/ "
18:57 mircea_popescu somebody's getting screamed at today
18:57 BingoBoingo https://bitcointalk.org/index.php?topic=472000.0
18:58 assbot [HAVELOCK] [HMF] 75 @ 0.01769606 = 1.3272 BTC [-] {7}
18:58 moiety hey i didn't know there was a thread! didn't they take enough crap regarding BFL ads?!?!
18:58 BingoBoingo Maybe Marc Andressen needs an Intel department?
18:58 mircea_popescu they have one
18:59 BingoBoingo mircea_popescu: Maybe they need intel people for their intel department?
18:59 dexX7 yesterday's reddit frontpage: http://www.reddit.com/r/Bitcoin/comments/1zzzq0/ponzicoin_operator_steals_money_investors_get/
18:59 dexX7 and a day later: http://www.reddit.com/r/Bitcoin/comments/2023pn/ponzicoin_depositors_get_payed_back_wasnt_a_scam/
18:59 dexX7 'nuff said :D
18:59 mircea_popescu lmao
18:59 mircea_popescu BingoBoingo intel is hard.
18:59 BingoBoingo mircea_popescu: It is indeed
18:59 moiety also BingoBoingo re first comment in ponzi ad thread... theymos doesn't actually have legal responsibility in reality does he?
19:00 moiety sounds like gum bumping to me
19:00 mircea_popescu moiety it roughly depends where he lives.
19:00 BingoBoingo moiety: Well the pirate case might touch on Thermos's responsibility as he said sure Pirate, you can start a thread, allegedly
19:00 benkay moiety gum bumping?
19:00 dexX7 why the fuck should this be "illegal"?
19:00 dexX7 @ ads
19:01 BingoBoingo benkay: It's when you take a bit of coke an touch it to your gums to see if it is coke or not
19:01 B007 mircea_popescu: your paywall on your blog is lel. and easy to get past
19:01 dexX7 if "investors" want to play ponzi games, why not?
19:01 mircea_popescu dexX7 it's generally illegal to advertise illegal activities in many jurisdictions
19:01 dexX7 not like anyone made any effort to hide what's the website is about
19:01 mircea_popescu which is why you don't see ads for hookers in your favbourite magazine
19:02 moiety benkay: http://www.urbandictionary.com/define.php?term=bumping%20his%20gums
19:02 mircea_popescu B007 the point isn't really to make it impossible to get past.
19:02 nubbins` ^
19:02 B007 ip based so no effort required
19:03 nubbins` the point is to make it annoying enough to make you want to spend the dollar it takes to buy credits ;p
19:03 B007 new ssh tunnel takes me like 10 secs
19:03 nubbins` congrats, where did i leave my gold stars...
19:03 mircea_popescu 10 secs are, for most people in the civilised world, worth more than the respective satoshis.
19:04 B007 it'd take far more time to accually pay
19:04 B007 for me anyway
19:04 mircea_popescu you pay for your ips don't you ?
19:04 B007 nope
19:04 mircea_popescu well then you're not in target anyway.
19:04 nubbins` free ips
19:04 B007 well one of them yes
19:04 B007 and then there is tor
19:04 nubbins` i used to be with this ISP and if you connected a switch to your dsl modem, they'd give a public ip to every connected machine
19:05 nubbins` for free
19:05 nubbins` minor oversight ;p
19:05 B007 nice
19:06 assbot [HAVELOCK] [KCIM] 38 @ 0.00307552 = 0.1169 BTC [-] {2}
19:06 nubbins` was nice at the time
19:06 B007 what ISP?
19:06 nubbins` couldn't give any less fucks these days
19:06 nubbins` a local subsidiary of bell that you've never heard of
19:08 nubbins` this was back before wireless routers were a common thing
19:10 dexX7 nubbins`> the point is to make it annoying enough to make you want to spend the dollar it takes to buy credits ;p < flip the statement: it's more comfortable to buy than to leech. kinda nice approach btw.
19:11 nubbins` nod
19:12 assbot [HAVELOCK] [CBTC] 1830 @ 0.00017111 = 0.3131 BTC [-] {9}
19:12 assbot [MPEX] [S.MPOE] 16100 @ 0.00086341 = 13.9009 BTC [-] {2}
19:12 assbot [HAVELOCK] [AM100] 200 @ 0.0061 = 1.22 BTC [+] {2}
19:13 assbot [HAVELOCK] [AM1] 2 @ 0.61 = 1.22 BTC [+]
19:16 B007 why is it more comfortable to buy than to leech?
19:16 MAKABEakira would have ff a lot of wtf if i found trilema 6 months ago instead of last month. btc infospace is a formidable fog of war for newbs
19:17 mircea_popescu MAKABEakira this is true.
19:17 Duffer1 welcome to the club makabe
19:17 mircea_popescu kinda why i encourage people to blog and so forth, make good info a little more accessible.
19:18 mircea_popescu i mean some people are just deliberately being stupid, but in many more cases people just don't have the info, at all.
19:18 BingoBoingo So... Apparently 'Merica is annexing luxembourg? http://www.slate.com/articles/life/food/2014/03/united_steaks_of_america_map_if_each_state_could_have_only_one_meat_what.html
19:19 MAKABEakira no lack of content, but quality content has evolved some rather effective parasitic mimics
19:19 mircea_popescu aptly put.
19:19 moiety mircea_popescu: how to prove a publisher knew something was illegal when they advertised it though?
19:19 mircea_popescu MAKABEakira what do you do irl ?
19:19 MAKABEakira TV
19:20 MAKABEakira mostly watching, sometimes producing
19:20 mircea_popescu moiety "should have known", "reasonable person standard", "duty of care" etc etc. the jurisprudence is taller than you,
19:20 mircea_popescu cool.
19:20 mircea_popescu o wait, you ever read my variety speak article ?
19:20 MAKABEakira are you, you irl?
19:20 dexX7 B007: well i once paid a tiny amount and can enjoy trilema probably for lifetime. that's comfort vs. "need to reset my ip now and then"
19:21 mircea_popescu what do you mean am i me me
19:21 MAKABEakira i assume so, but. mimcs cc.
19:21 * moiety nods - fe
19:21 MAKABEakira is your name actually mircea p
19:21 B007 yes
19:21 MAKABEakira i assume so but not sure if you have 'fans'
19:22 BingoBoingo MAKABEakira: He's not the Mircea Popescu that does pottery if that is your question
19:22 mircea_popescu MAKABEakira a yes, it is.
19:22 assbot [HAVELOCK] [KCIM] 298 @ 0.00266378 = 0.7938 BTC [-] {20}
19:22 MAKABEakira ah ok.. brb, rl intrudes irl
19:22 mircea_popescu it is a reasonably common name, so there's a dozen or so other people by the same name
19:22 MAKABEakira and no, haven't had the plesh
19:23 moiety aw fuck so no chance of vases in here... bye!
19:23 BingoBoingo http://www.absolutearts.com/portfolios/m/mpopescu/artist_exhibitions.html
19:23 ozbot Mircea Popescu Exhibition History - Artist Website
19:24 BingoBoingo So... Looks like Obama's suit budget might go bust http://www.slate.com/blogs/the_slatest/2014/03/11/men_s_wearhouse_to_acquire_jos_a_bank_for_1_8_billion.html
19:25 moiety why on earth is that artists exhibitions list not in chronological order? site almost gave me ocd
19:26 mircea_popescu by the way, for whoever was wtfing about all the nude shots :
19:26 mircea_popescu http://www.phototours-ukraine.com/
19:26 ozbot Phototours-Ukraine - Ukrainian models and photography workshops
19:26 moiety oh ignore ^ its hideously labelled instead
19:26 mircea_popescu there's actually people who make it their business to organise a "photographic vacation"
19:27 moiety they have a whole nude in public section! love it!
19:27 assbot [HAVELOCK] [NEOBEE] 490 @ 0.00378959 = 1.8569 BTC [-] {4}
19:29 assbot [HAVELOCK] [AM1] 3 @ 0.61 = 1.83 BTC [+]
19:32 assbot [MPEX] [S.MPOE] 2750 @ 0.00086308 = 2.3735 BTC [-] {2}
19:34 assbot [MPEX] [S.MPOE] 19800 @ 0.00086275 = 17.0825 BTC [-]
19:35 assbot [HAVELOCK] [CBTC] 16770 @ 0.0001519 = 2.5474 BTC [-] {13}
19:36 Duffer1 Max Keiser ‏@maxkeiser 9h
19:36 Duffer1 When it comes to markets and finance America is the 'short bus' that is slowing down global growth.
19:36 Duffer1 how long's it been since he's mentioned his coin...
19:37 Mats_cd03 http://www.qoinpro.com lol
19:37 mircea_popescu Duffer1 he's forgotten all about it.
19:37 mircea_popescu (both of em)
19:37 Duffer1 i doubt the suckers he scammed have forgotten
19:37 mircea_popescu guy's target are people with short attention spans and limited memory space.
19:41 BingoBoingo https://twitter.com/BBoingo/status/443532114802118656
19:41 ozbot Twitter / BBoingo: @ArsLaw @cfarivar And bitcoin ...
19:41 MAKABEakira human memory is lossy compression
19:41 MAKABEakira more limited you got, more loss you get
19:41 BingoBoingo MAKABEakira: How lossy depends on the person
19:41 mircea_popescu ther'es a space between lossy and lousy.
19:48 assbot [HAVELOCK] [NEOBEE] 76 @ 0.0039 = 0.2964 BTC [+]
19:51 MAKABEakira is barry seibert really going ahead with this. last i heard it was a string of "we hope our partners" this and "if regulation" that, but so far, tumbleweeds
19:51 BingoBoingo Who is Barry?
19:52 MAKABEakira fred i mean
19:52 MAKABEakira nm i shdnt type while on phone. Barry Silbert - SecondMarket
19:54 BingoBoingo MAKABEakira: Well going ahead with what?
19:54 MAKABEakira yet SM's exchange launch is taken as a foregone conclusion.
19:55 MAKABEakira apologies i was under impression this was watercooler talk everywhere. don't shoot
19:56 Duffer1 you mean are they going ahead with SMs bitcoin exchange?
19:56 BingoBoingo MAKABEakira: It is a talk of some kind. Just... when you name nobodies like Barrys and Larrys, you have to mention what they are trying to do.
19:57 MAKABEakira Duffer1 yes. silbert put an embargo on all employee trading actvity after Count Goxula started his final bender. has not resumed since afaik
19:58 Duffer1 if they had traders on gox then i doubt they're fit to run an exchange of their own
19:59 Duffer1 nobody paying attention for more than a month would have known to not have $$ there
19:59 MAKABEakira i am sure there were some. i think it's more of PR 'not it' move
20:00 BingoBoingo SecondMarket would have been well advised to avoid Gox and consider http://mpex.co/faq.html#28
20:01 MAKABEakira BingoBoingo, agreed :D but i think they are interested in making their own dogfood
20:01 Duffer1 i expect they'll still try to do an exchange, i have doubts about longevity of the venture though
20:01 BingoBoingo MAKABEakira: What I mean is if you want to run something as a "Trust" for patrons, you do indeed need to dogfood it instead of depositing with Gox.
20:02 bitcoinpete mircea_popescu: Speaking of encouraging people to blog more , my latest, mostly a rehashing of asciilifeform on digital security: http://bitcoinpete.com/2014/digital-delusions-of-digital-security/
20:05 assbot [MPEX] [S.MPOE] 14500 @ 0.00086258 = 12.5074 BTC [-] {3}
20:06 dexX7 the plans of the sm exchange go back to at least november. a "ny based exchange" was mentioned several times during the senate hearings and i guess that's no coincidence. also a bitlicense was promoted via the press at that time.
20:07 mircea_popescu MAKABEakira well ther'es the bitbet bet...
20:07 MAKABEakira dexX7, good catch. i love the way they float the ideas until they coalesce into precipitate. makes the fanclub think that these things 'just appear' somehow
20:08 mircea_popescu BingoBoingo guy is reasonably well known. at least by btc standards at any rate.
20:08 mod6 cool summary, bitcoinpete
20:09 mircea_popescu what i don't love is how many people need to be hurt into comprehending that they're better off following than trying to lead.
20:10 mircea_popescu it's fucking arakis over here.
20:10 copumpkin mircea_popescu: thank you :)
20:10 bitcoinpete mod6: cheers
20:10 BingoBoingo Well since the gox collapse last names with the Si* pattern of spelling are hard to track without pulling the redbook out of its safe place
20:11 Duffer1 dune reference high five?
20:12 mircea_popescu yeah
20:20 assbot [HAVELOCK] [HIF] 2394 @ 0.00052297 = 1.252 BTC [-] {14}
20:21 MAKABEakira mircea_popescu, i am not up to speed on bitbet. are they buy|sell|trold?
20:22 mircea_popescu they're kickass.
20:22 BingoBoingo Bitbet is the best bet
20:22 grubles mp runs / owns bitbet, correct?
20:22 MAKABEakira hmm on there now. grep deadpool section
20:22 joecool mircea_popescu: i never can tell if you're serious or trolling most of the time, imma roll with it though
20:23 mircea_popescu grubles just half.
20:23 mircea_popescu joecool i rarely troll.
20:23 joecool how do i know you're not trolling right now?
20:24 grubles who owns the other half, if I might ask?
20:24 joecool oh well, i respect the mystery
20:24 joecool bbl tacos
20:24 mircea_popescu grubles kakobrekla
20:24 mircea_popescu it's in the contract you know, http://mpex.co/?mpsic=S.BBET
20:25 grubles didnt know ^_^
20:25 MAKABEakira mircea_popescu, is hreniuc a common surname in RO
20:25 mircea_popescu nope
20:26 mircea_popescu it's not even ro, sounds armenian
20:27 MAKABEakira mircea_popescu, <spock brow> fascinating.
20:27 assbot [MPEX] [S.MPOE] 20900 @ 0.00086245 = 18.0252 BTC [-] {2}
20:27 MAKABEakira according to all my armenian friends (and in LA, you cannot not have them) they are all the direct issue of the big G himself.
20:28 mircea_popescu gingis khan ?
20:28 mircea_popescu anyway, since we're discussing bitbet, i dunno if this was ever published, but
20:28 mircea_popescu https://blockchain.info/address/1JuSXqRgzkHKAKyyXqqiSnPTUcMweGWHEN
20:28 ozbot Bitcoin Address 1JuSXqRgzkHKAKyyXqqiSnPTUcMweGWHEN
20:29 mircea_popescu that's the address paying the house bets, refunds, referrals.
20:29 MAKABEakira yes none of that blue horde discount mongol crap.
20:29 dexX7 quick, get a blockchain.info tag
20:30 assbot [HAVELOCK] [AM1] 1 @ 0.60100103 BTC [-]
20:30 MAKABEakira top bet 10k BTC. whats that, only $30/day rise every day till then, to win it.
20:31 mircea_popescu no.
20:31 mircea_popescu more like 3k a day for a week straight.
20:33 MAKABEakira mircea_popescu does the bet stand even w/out gox in the pix
20:33 mircea_popescu yea see the mod comment
20:36 dexX7 snackman still posts comments on bb? :D
20:36 dexX7 ah no, it was an old one
20:37 mircea_popescu nah i imagine he meanwhile got bored
20:37 mircea_popescu "forever" at 19 means about three months
20:43 MAKABEakira a sub 20 min bet time limit would be useful
20:44 mircea_popescu no it wouldn't.
20:44 MAKABEakira mircea_popescu, TV
20:44 mircea_popescu how the hell do you imagine an admin would get to it.
20:44 mircea_popescu but anyway, since we have been doing some auditing on bitbet : the total BTC held in currently published addresses is 1778.18326295.
20:45 mircea_popescu the total actual exposure bitbet has to bets (ie, stuff people bet that hasn't been yet resolved) is 414.9x
20:45 BingoBoingo MAKABEakira: What sort of TV projects do you have experience working on if you care to answer?
20:46 mircea_popescu this means that if you bet 1350 btc or less you are guaranteedly going to be paid out (should you win) with btc that are already held from old bets.
20:46 MAKABEakira i am working with a team that produces a nationally syndicated game show on US TV
20:46 BingoBoingo Nice
20:46 mircea_popescu MAKABEakira so why can't these be week bets like in sane land ?
20:46 MAKABEakira mircea_popescu, live TV project needs live TV timeframes
20:46 BingoBoingo You can answer this next question or decline it as you wish, but Jeopardy?
20:47 MAKABEakira BingoBoingo, no sir. not *that* famous. but a hint. this show knocked wheel of fortune out of several markets
20:48 MAKABEakira despite being a very different kind of show
20:48 mircea_popescu MAKABEakira can you guarantee minimums ?
20:48 BingoBoingo MAKABEakira: Well, honesly this got less interesting when you said game show. Honestly I was hoping you'd say drama, like The Blacklist, Almost Human, Archer, Chozen, or Hannibal
20:49 MAKABEakira BingoBoingo, not much you can do in drama with audience interaction, which is what we specilize in. standup project in works though.
20:49 MAKABEakira mircea_popescu, we wont do it if we cannot. i didn't even consider this idea till you brought up bitbet, but i like the prospects.
20:50 assbot [MPEX] [S.MPOE] 38350 @ 0.0008648 = 33.1651 BTC [+] {3}
20:50 MAKABEakira just blue skying atm
20:50 mircea_popescu well, consider the business caseas first and foremost. bitbet takes 1%
20:50 mod6 lol @ Krieger using "crypto currencies" in a recent episode.
20:50 mircea_popescu out of that 1% i'll have to justify someone sitting with eyes glued to your thing
20:50 mircea_popescu it can be done, if you have the volume to justify it. otherwise, just so it exists generally, it's not gonna happen
20:51 MAKABEakira mircea_popescu, we have a prod team who can has assigned a staff for that if it is externalizable
20:51 MAKABEakira who can haz a cheeseburger
20:51 BingoBoingo MAKABEakira: Well, the thing is... Audience interaction may be good for business but it is shit for art, even barely art art
20:52 BingoBoingo mod6: Kenny Loggins was the greater part of that though.
20:52 MAKABEakira BingoBoingo, not even pretending we are making art. can't all be freewheeling bitcoin barons alas
20:52 mod6 BingoBoingo: haha
20:52 BingoBoingo MAKABEakira: Why a Baron. Maybe I'm a duke. Maybe I am far less. Perhaps just a footman, or even a much lesser hallboy.
20:53 BingoBoingo mod6: I'm actually starting to like it's followup Chozen. Reminds me of Bitcointalk last summer.
20:54 Duffer1 blood everywhere?
20:54 BingoBoingo Duffer1: So much blood
20:54 mircea_popescu MAKABEakira in principle it is externalisable, but in practice it's a problematic point, because if you scam the users on my trademark i'll have to kill you.
20:54 BingoBoingo ^ !
20:54 MAKABEakira mircea_popescu, we are pretty visible, kinda hard to run from the romanian a-team if we burn y'all
20:55 BingoBoingo MAKABEakira: See http://thewhet.net/2012/shall-be-delivered/
20:55 mircea_popescu reasonably open to this in principle then.
20:55 mircea_popescu do yourself a favour get in the wot today.
20:55 MAKABEakira mircea_popescu, i'll update you after i due dilly on this plan a bit.
20:55 BingoBoingo MAKABEakira: who says he even hires Romanian. Trilema shows he tries to avoid it as much as possible
20:55 dexX7 MAKABEakira: what length has an episode of your show?
20:56 dexX7 because you may need to keep in mind that there are confirmation times
20:56 MAKABEakira 22 min typically. sometimes we go over. and by sometimes i mean every time
20:56 mircea_popescu ;;tslb
20:56 gribble Time since last block: 19 minutes and 21 seconds
20:56 mircea_popescu that kinda killed your idea right there
20:57 Duffer1 ltc?
20:57 Duffer1 :P
20:57 dexX7 :D
20:57 mircea_popescu even with ltc.
20:57 dexX7 i heard dogecoin has a time between blocks of 1 min
20:57 BingoBoingo LTC has 20 minute blocks too occasionally
20:57 BingoBoingo dexX7: Dogecoin also has an arse full of dicks
20:57 MAKABEakira mircea_popescu, wp. i didn't consider that at all
20:58 assbot [HAVELOCK] [PETA] 5 @ 0.07499922 = 0.375 BTC [+]
20:58 dexX7 introduce some kind of "bitbet balance/wallet" which you can fund before a show to skip confirmation times
20:58 mircea_popescu it could be done.
20:58 mircea_popescu but then users would have to "log in" which... gpg ?
20:59 mike_c cardanos for signing in :)
20:59 MAKABEakira also, disclosure, this would not be for network tv, this is a smaller Bitcoin-land specific project which will be bcast on web only. its a warmup proj to test workable ideas for a later network show
20:59 mod6 BingoBoingo: I havent seen Chozen yet, its funny though huh?
20:59 mod6 haha, must be if it reminds you of btctawk.
21:00 MAKABEakira mircea_popescu, show staff wd log in on behalf of users most likely
21:00 BingoBoingo mod6: It's definitely worth catching at least the pilot on the shady streaming site of your choice
21:00 Duffer1 never seen it either
21:00 mod6 BingoBoingo: ok, will check it out then. thx.
21:01 mircea_popescu MAKABEakira a better idea would perhaps be to re-structure the program so as to work better with bitcoin's weaknesses.
21:01 mircea_popescu more productive, too, in that it builds you a moat.
21:01 BingoBoingo mircea_popescu: Less Bitcoin's weaknesses then its necessary inefficiencies
21:01 mircea_popescu but be that as it may : get in the wot.
21:03 asciilifeform mircea_popescu: unrelated. little bug in your site. '<<' ends up slicing off any text behind it.
21:03 MAKABEakira mircea_popescu, k. good adv.
21:03 mircea_popescu asciilifeform you mean in a comment ?
21:03 asciilifeform right
21:04 mircea_popescu myeah. cleanning up html for mysql has its limits
21:04 mircea_popescu you can however use proper <blockquote> syntax ims
21:04 asciilifeform ah yes.
21:04 MAKABEakira reading WOT> got beefs with gox ppl eh. ne0 lol
21:05 mircea_popescu hm ?
21:06 MAKABEakira he -10'd you, if i am reading it right. he banned me from mtgox for having the temerity to suggest he might be helping a crime happen
21:07 mircea_popescu who, this ?
21:07 MAKABEakira ne0futur, gox remote support IRC
21:08 mircea_popescu o that guy.
21:08 mircea_popescu yeah, scammers tend tro have issues with me
21:08 dexX7 ;;buy 800 btc
21:08 gribble (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, (1 more message)
21:08 dexX7 how does that work??
21:08 dexX7 i want to see where we'd end
21:09 kakobrekla ;;market
21:09 gribble Error: "market" is not a valid command.
21:09 kakobrekla whatever
21:09 dexX7 ;;market buy 800
21:09 mircea_popescu ;;asks 800
21:09 gribble Bitstamp | A market order to buy 800 bitcoins right now would take 525811.5155 USD and would take the last price up to 660.0000 USD, resulting in an average price of 657.2644 USD/BTC. | Data vintage: 0.0440 seconds
21:09 gribble Bitstamp | There are currently 11017.05 bitcoins offered at or under 800.0 USD, worth 7802457.34039 USD in total. | Data vintage: 0.3021 seconds
21:09 BingoBoingo ;;asks 20000
21:09 gribble Bitstamp | There are currently 17296.977 bitcoins offered at or under 20000.0 USD, worth 15399449.7301 USD in total. | Data vintage: 1.6530 seconds
21:09 kakobrekla gibbs says 'buy' is not an argument
21:10 kakobrekla fuckya.
21:10 mircea_popescu noobs
21:10 BingoBoingo ;;ticker --market all
21:10 gribble Bitstamp BTCUSD last: 648.71, vol: 11355.86477422 | BTC-E BTCUSD last: 636.0, vol: 6002.30423 | Bitfinex BTCUSD last: 648.0, vol: 3599.85123064 | CampBX BTCUSD last: 654.5, vol: 61.92114619 | BTCChina BTCUSD last: 625.536, vol: 3119.48700000 | Kraken BTCUSD last: 660.0, vol: 20.94497584 | Bitcoin-Central BTCUSD last: 638.8999, vol: 47.68698216 | Volume-weighted last average: (1 more message)
21:11 kakobrekla ;;ticker --buy everything FUKKEN nao i SAID for btc gimmeh price plox
21:11 gribble (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the (1 more message)
21:11 moiety lol
21:15 assbot [MPEX] [S.MPOE] 14318 @ 0.0008625 = 12.3493 BTC [-]
21:16 assbot [HAVELOCK] [AM100] 50 @ 0.006 = 0.3 BTC [-]
21:17 assbot [HAVELOCK] [AM100] 30 @ 0.006 = 0.18 BTC [-]
21:22 mircea_popescu asciilifeform so you live there, do you ?
21:22 mircea_popescu is my peeconomy actually happerning ?
21:22 assbot [HAVELOCK] [B.MINE] 16 @ 0.04 = 0.64 BTC [+]
21:23 asciilifeform near, about 6km
21:23 assbot [HAVELOCK] [B.SELL] 3 @ 0.0931998 = 0.2796 BTC [-]
21:23 asciilifeform it may or may not be happening. only the 'national seekoority' bureaucrats are theoretically subject to pisstesting.
21:23 asciilifeform my understanding is that it is done as a 'random' inspection
21:23 asciilifeform on rare occasions.
21:24 asciilifeform and is only really an issue for marijuana aficionados
21:24 BingoBoingo Shit, It would be less than a 12 Km drive to asciilifeform if I wrote off the necessary distance that happens on US 40
21:24 asciilifeform (other traditional drugs have very short half-lives)
21:24 mircea_popescu http://www.questdiagnostics.com/home/companies/employer/drug-screening/products-services/urine-test/urine-test-with-quest
21:24 ozbot Drug Screening for Employers | Quest Diagnostics : Urine Test with Quest Diagnostics
21:24 mircea_popescu i dunno man. seems it's big biz.
21:24 asciilifeform bus/train drivers.
21:25 asciilifeform some 'prole' work (restaurants, etc.) that were conned into paying for it
21:25 mircea_popescu and cab drivers, and pizza delivery boyz
21:25 asciilifeform correct.
21:25 mircea_popescu and apparently oodlebunches of people.
21:25 asciilifeform bureaucrats account for a small fraction, as i understand.
21:25 asciilifeform (of the piss)
21:25 mircea_popescu do or used to ?
21:25 asciilifeform do, presently.
21:26 mircea_popescu aha
21:26 asciilifeform it isn't unheard of - a shop not far from where i live actually sells... false piss.
21:26 assbot [HAVELOCK] [NEOBEE] 100 @ 0.0038998 = 0.39 BTC [+]
21:26 asciilifeform and a contrivance for transporting and releasing it.
21:27 benkay most american desk jockies as well, especially if your desk is attached to a manufacturing operation.
21:27 assbot [MPEX] [S.MPOE] 83500 @ 0.00086234 = 72.0054 BTC [-] {3}
21:27 benkay gotta keep risk down on insuring those line operators, and can't sow dissent in the ranks by testing the operators and not the engineers.
21:28 benkay net result: test everyone. randomly.
21:28 mircea_popescu lmao
21:28 benkay this, as one might expect, is just another tool to control the cattle in america.
21:28 benkay the testing is not random, it rarely even appears that way.
21:29 asciilifeform chum of mine worked at a military lab where they occasionally tested people (oddly enough, the one where i worked - never. other than enlisted men) and noted that there was usually warning.
21:29 benkay if insurance companies insist on tests actually happening, managers are discreetly dispatched to discover who the safe testing targets are.
21:29 asciilifeform a few days warning suffices for everyone save the potsmokers.
21:30 benkay senior management generally being reluctant to sacrifice the potsmokers, you see.
21:31 benkay the really funny part of the whole charade?
21:31 benkay the post-incident piss test.
21:31 mircea_popescu that a romanian is sitting here laughing his ass off ?
21:31 benkay "did you smoke pot in the last thirty days? oop - insurance doesn't cover that. guess you're out an arm!"
21:31 MAKABEakira next time i have to do a UA (which is never) I should stock up on some methylene blue beforehand
21:32 BingoBoingo MAKABEakira: Well, depends on how much you like your liver
21:32 benkay it's the kind of hilariously fucked up situations you get under communism i guess
21:33 MAKABEakira BingoBoingo, we're just acquaintances so i'm ok with some light hearted abuse at liver's expense
21:33 MAKABEakira he can filter it out
21:34 asciilifeform all i can tell from my perch - somebody must be buying those false bladders and their refills.
21:35 MAKABEakira the romans had a peeconomy for realz
21:35 asciilifeform by tradition, one is expected to actually piss in the company of a witness
21:35 asciilifeform but i do not know whether this tradition is 'honoured in the breach'
21:38 asciilifeform i imagine the pisstest is a massive boondoggle for folks selling GC/MS gear.
21:38 mircea_popescu benkay exactly.
21:38 mircea_popescu MAKABEakira that is true.
21:39 mircea_popescu asciilifeform except men can't piss in the company of womenz generally speaking
21:39 BingoBoingo asciilifeform: Well, when every positive needs confirmed
21:39 MAKABEakira mircea_popescu, experian will have a whole new report to sell
21:39 mircea_popescu and it'd be sexist to enforce genders
21:39 asciilifeform everybody gets the correct witness, it is said.
21:39 asciilifeform this (and airport arsesearch) is more or less the only place where it is permitted.
21:40 mircea_popescu aww
21:40 mircea_popescu unfare.
21:40 asciilifeform caveat - i've never seen this ritual alive, personally.
21:41 asciilifeform always seems to be happening to some other fellow.
21:41 * mircea_popescu regrets that his peeing article is in romanian
21:41 BingoBoingo From stories it seems most of the enlisted drug tests now happen as an absorbent patch that collects sweat.
21:41 benkay american white-collar folk are generally sent to the hospital, where the peeing happens in a luxurious room, in private.
21:41 benkay ^^ again with the absurdities.
21:42 asciilifeform mircea_popescu: link?
21:42 mircea_popescu ;;google moment de intimitate-n baie
21:42 gribble LA PERLA CLASSIC... Intimate and seductive... right on the ... - FlipKey: <http://www.flipkey.com/baie-rouge-vacation-rentals/p282190/>; Coolest places to propose in the Caribbean - USA Today: <http://www.usatoday.com/experience/caribbean/best-of-caribbean/coolest-places-to-propose-in-the-caribbean/5293329/>; Grand Baie Bay - Holiday Lettings: (1 more message)
21:42 mircea_popescu aww
21:42 mircea_popescu http://trilema.com/2011/moment-de-intimitate-n-baie/
21:42 ozbot Moment de intimitate-n baie pe Trilema - Un blog de Mircea Popescu.
21:44 BingoBoingo Once I finish my write up on baseball betting I might give translating it a shot.
21:46 dignork mircea_popescu: я русский бы выучил только за то, что им разговаривал Ленин. :(
21:47 asciilifeform lol!
21:47 asciilifeform i think i threw this one in here at one point!
21:47 mircea_popescu lmao
21:51 BingoBoingo ;;ident BingoBoingo
21:51 gribble Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is identified as user 'BingoBoingo', with GPG key id 309BB8D7F3251143, key fingerprint ADD7A9A28F85E5EF1F51904F309BB8D7F3251143, and bitcoin address None
22:01 assbot [MPEX] [S.MPOE] 3019 @ 0.0008651 = 2.6117 BTC [+]
22:01 mircea_popescu https://pbs.twimg.com/media/Bie_--PCAAEsqAh.jpg << smog.
22:02 BingoBoingo Has anyone here ever shipped an oil painting before?
22:04 mircea_popescu BingoBoingo http://www.reddotblog.com/wordpress/index.php/how-to-ship-paintings-a-step-by-step-guide-for-artists-and-galleries/
22:04 mircea_popescu guy knows his shit
22:06 BingoBoingo Thanks. I've got a piece to sell, because fucking Dreamhost emailed me that the hosting's renewal is coming up soon.
22:12 assbot [MPEX] [S.MPOE] 5700 @ 0.0008651 = 4.9311 BTC [+]
22:13 MAKABEakira BingoBoingo, jush needs the money
22:13 MAKABEakira josh
22:20 assbot [HAVELOCK] [AM100] 347 @ 0.00590045 = 2.0475 BTC [-] {4}
22:22 assbot [HAVELOCK] [NEOBEE] 255 @ 0.003789 = 0.9662 BTC [-] {2}
22:24 assbot [MPEX] [S.MPOE] 14421 @ 0.00086496 = 12.4736 BTC [-] {2}
22:25 assbot [HAVELOCK] [AM1] 1 @ 0.60100002 BTC [-]
22:26 Duffer1 https://forums.butterflylabs.com/announcements/4414-monarch-information-2.html#post77863
22:26 Duffer1 tldr late april
22:26 moiety year?
22:27 Duffer1 hehe
22:27 Duffer1 "deployed 5 weeks from now" so probably september ish
~ 15 minutes ~
22:43 MisterE they have missed so many deliveries and are being sued by a bunch of people
22:43 MisterE fuckem
22:43 Chris_Sabian_ does anyone know what is going on with AM? 181 from last week and only 31 coins this week...
22:48 the20year2 Closed on property #3 today, sellers did transfer us remaining rents + original deposits
22:48 nubbins` congrats
22:49 the20year2 Current income of $1050/mo with 2 of 3 units occupied, next unit will add $400 once we get it rehabbed
22:50 Chris_Sabian_ Is that the Rental Company in Ohio?
22:50 the20year2 Yes
22:54 Chris_Sabian_ The level of communication from 'Branny' is excellent. Sad to say that it is a rarity in bitcoinland
22:54 mike_c One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as "marketability" and "liquidity", sing the praises of companies with high share turnover (those who cannot fill your pocket will confidently fill your ear). But investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the
22:54 mike_c pickpocket of enterprise.
22:54 mike_c the oracle of omaha speaks.
22:56 assbot [HAVELOCK] [COG] 9 @ 0.04300258 = 0.387 BTC [-] {3}
22:58 assbot [MPEX] [S.MPOE] 22659 @ 0.0008651 = 19.6023 BTC [+]
22:58 the20year2 I try to keep everyone updated. The video logs and the audited finaicial reports I think will put us over the top in terms of quality of transparency
22:59 the20year2 The video logs for properties #4 and #5 make me excited, since they're both big rehab jobs and I do believe they'll come out good. I've got part of the #4 video edited and voice-overed. My plan is to break up the voice-over version between properties so I can get feedback on what people like
23:00 the20year2 Really don't want to go with the overly-dramatic HGTV videos
23:00 assbot [MPEX] [S.MPOE] 14850 @ 0.0008651 = 12.8467 BTC [+]
23:03 Chris_Sabian_ so did you raise all of the ~$1 million?
23:10 the20year2 No , to reach #1m we'd need to do all 4 rounds, we just finished #1
23:10 the20year2 Round #1 had 78k shares, 2-4 have 50k/ea
23:11 Chris_Sabian_ got it, when it round 2?
23:13 the20year2 I'd say 30 days from now
23:13 Chris_Sabian_ what is the share price?
23:13 the20year2 It does take a little while to buy & rehab properties, so the capital doesn't get utilized immediately
23:13 Chris_Sabian_ for the next round?
23:14 the20year2 it's around .006btc/share or so
23:14 the20year2 It depends on what the median price is leading up to the 30 day period
23:14 Chris_Sabian_ good call
23:16 Chris_Sabian_ i may pick up some then
23:17 Chris_Sabian_ what make you persue the bitcoin option instead of traditional investors?
23:21 assbot [HAVELOCK] [AM1] 11 @ 0.62226908 = 6.845 BTC [+] {6}
23:21 the20year2 too costly to do it with traditional investors, with bitcoin the startup cost was almost nothing
23:23 assbot [HAVELOCK] [AM1] 22 @ 0.63494539 = 13.9688 BTC [+] {4}
23:24 Chris_Sabian_ i'll see how the next 30 days or so go. i may throw 5 btc at rental and see what happens
23:25 the20year2 Cool
23:25 the20year2 Hopefully we can get to, or close to full utilization of capital by the time 30 days is up
23:25 thestringpuller nubbins` here?
23:26 the20year2 We've utilized, or have in contract about 50% of the given capital
23:26 Chris_Sabian_ btc prices are low right now, i would hold off selling for $$ until the gox crap is over
23:27 assbot [HAVELOCK] [AM100] 20 @ 0.006 = 0.12 BTC [+]
23:28 Chris_Sabian_ 2014 will either make or break bitcoin. gox, regulations, tax, government interest, huge boost of awarness, it will be interesting to see
23:28 assbot [HAVELOCK] [B.SELL] 4 @ 0.0911 = 0.3644 BTC [-] {2}
23:28 thestringpuller ;;ticker
23:28 gribble Bitstamp BTCUSD ticker | Best bid: 642.01, Best ask: 643.94, Bid-ask spread: 1.93000, Last trade: 643.97, 24 hour volume: 13390.95777424, 24 hour low: 614.17, 24 hour high: 656.95, 24 hour vwap: 634.354614252
23:28 the20year2 I agree, however it's one of those things, if we can reach a position where leverage is open, btc pricing will largely be irrelevant because we'll just be playing arbitrage on the variations in interest/property ields
23:29 assbot [HAVELOCK] [AM100] 194 @ 0.00615999 = 1.195 BTC [+] {3}
23:30 Chris_Sabian_ i don't follow
23:31 the20year2 BTC price would have to exceed $2500 by mid 2014 if we levered in the next 6 months
23:31 the20year2 in order for it to be worth it
23:31 the20year2 err mid 2015
23:32 the20year2 It comes down to waiting for BTC price increase, or increase NAV of properties by 30%, 40%, 50% in a few months
23:32 the20year2 The second option will be much better, especially if we successfully start offering seller financing on properties, as we're trying to do with property #4
23:34 the20year2 It'll start making more sense in a month or two once we get these properties done, and secure at least one seller financed deal
23:35 Chris_Sabian_ so the renter is renting to own?
23:35 the20year2 Yes, with a substantial down payment
23:36 the20year2 Of which, much would flow back to investors/shareholders because they're paying a down payment on the repaired value, not what we have in it
23:36 the20year2 Property #1 was $62k>$115k , #2 was $33.5k > $55k , I expect #4 to be $37.5k>$80k
23:37 Chris_Sabian_ so we buy crappy property, put some money into it, and hopefully flip it?
23:37 Chris_Sabian_ but if bitcoin price > NAV property then share price should go down
23:37 the20year2 It's a hybrid flip , it's the 'get cake and eat it too' strategy
23:38 the20year2 Correct, however you're gonna have to see major jumps in btc prices to compete with the NAV growth
23:39 Chris_Sabian_ september to december was ~ 1000%, december to now was down ~50%, september to now ~550%.
23:39 the20year2 With the scenario of #4, we'd still be eligible for financing on it, which means the new rent-to-owner has paid us anywhere from $5k-$8k in a non-refundable down payment, plus monthly payments of $500-$600 per month. We still are eligible for financing it from a bank (A cashout) and could also get another $60k from the property
23:40 the20year2 So, in that scenario we clear still $100-$150 a month in income off the property, still collect appreciation if the rent-to-owner decides they don't want it anymore (Which is the most likely scenario), AND have $65k-$68k back in our pockets
23:40 the20year2 So, we've built asset value, cashflow, and have money in our pockets
23:40 Chris_Sabian_ and hopefully the renters treat the property well
23:41 the20year2 Correct, and you're still allowed to require them to upkeep the property or face default on the loan/rent-to-own
23:41 the20year2 The quality level of people that have substantial downpayment is much higher than your $0 down types
23:42 Chris_Sabian_ makes sense, $0 means the people have no incentive to make sure the property is kept up
23:42 assbot [HAVELOCK] [AM100] 310 @ 0.0063 = 1.953 BTC [+]
23:42 Chris_Sabian_ nothing to lose
23:45 the20year2 Correct, and after 3-4 years, the renters are looking at up to $10k in loss from their damage
23:45 assbot [MPEX] [S.MPOE] 16000 @ 0.00086411 = 13.8258 BTC [-]
23:46 Chris_Sabian_ i would assume that you have some kind of background, fiance or history check with renters before you rentent?
23:46 the20year2 oh yeah
23:46 the20year2 Social media check, employment check, friend check
23:47 the20year2 It's proven that you're the sum of the people you hang around. Facebook makes it pretty easy to figure out if your renter is just a redneck, or a druggie
23:47 Chris_Sabian_ So if a property is 30k and needs work, why cant a renter just put the 5-6k down with bank loand instead of going through you?
23:47 Chris_Sabian_ and paying 50k?
23:47 Mats_cd03 interest and leverage
23:47 the20year2 Bank won't ever lend to them
23:48 kakobrekla not enough fb friends for a bank?
23:48 the20year2 Anymore , banks refuse to lend to people who want a property that needs work. From 2004-now one of the highest default categories is wanabe investors/DIYers who buy a house, screw up the rehab and cost the bank money
23:49 the20year2 That's why I did the stock offering instead of just going to a local bank and asking for a loan. The bank wants to see properties in good shape with 3-6mo of cashflow before they'll lend
23:49 the20year2 for a owner occupant, they don't want to lend on a property that might have $5k in repairs, or $15k
23:49 Chris_Sabian_ and we trust that you can do that. I trust that you can do that....
23:49 the20year2 I don't know how many foreclosed houses I've been in that were 2nd time foreclosures in a 3-5 year period where the buyer had bought a foreclosure in the hopes of doing it themselves, then never completing repairs
23:49 the20year2 Pretty much :)
23:51 Chris_Sabian_ what is a typical comission for a realtor when selling?
23:52 the20year2 5% to 6%
23:52 the20year2 If I have control what I do is usually 2% to the listing agent and then 3% + $2500 for the selling/buyer's agent
23:55 Chris_Sabian_ so both agents 'win'
23:55 the20year2 Sort of
23:55 the20year2 almost all brokerages in the US have clauses that if the selling agent comission goes above the 'area norm' , the remainder passes through to the agent directly
23:55 the20year2 And for most new agents, the cut is 50/50 , so they only get half of the 3%
23:56 the20year2 So, with say a $100k property @ 3% selling agent comission they're gonna get $1500, with the $2500 bonus they end up getting $4k
23:56 the20year2 Compared to say offering just 4% to the seller's agent, which would result in just $2k to them
23:57 Chris_Sabian_ and thay money comes from the seller?
23:57 the20year2 yes
23:57 the20year2 But , for every dollar you spend on marketing/fees, you typically get 2x or 3x back
23:57 Chris_Sabian_ higher selling price?
23:58 the20year2 When I got into real estate, i didn't believe the statistic they told agents. So, I individually tracked dozens of properties in my area that were listed without realtors, vs those listed with them
23:58 the20year2 Yes
23:58 Chris_Sabian_ is it true then?
23:58 the20year2 There was one subdivision close to me where every single house was a cookie cutter design , and the FSBOs averaged $97k , agent listings averaged $116k or so
23:59 the20year2 Sales price, not asking price. FSBOs were around 140 days on market, agent listed ones were around 100 too
00:00 Chris_Sabian_ marketing...
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