#trilema | 2014-04-16

will authenticate in a minute

01:48

cool

01:48

numerisTrade: What sort of stuff do you do?

01:49

gradually paving my way to bitcoin finance, currently starting with secured loans / repo transactions on small scale

01:49

you might have a look at http://numeristrade.blogspot.com/p/products.html

01:50

[HAVELOCK] [AM100] 100 @ 0.0050905 = 0.5091 BTC [+] {4}

01:51

any feedback would be very much appreciated

01:52

I'm a bit tipsy, but I'll take a look at it.

01:53

Wait TheRock is a thing? I made an account there once hoping to dump freexrp without a colonoscopy, but... seemed sketch

01:54

well, I don't trust them with a lot of money, but everything seemed ok

01:55

I had some technical issues once, the support reacted quickly

01:57

Well I guess since the second life thing they trade has been around, they probably function. It's just like they added support for crypto currencies while neglecting any sort of outreach. Also their limits seemed kind of crap when I tried them.

02:02

!up jordandotdev

02:02

Voicing jordandotdev for 30 minutes.

02:14

!up Ukyo

02:14

Voicing Ukyo for 30 minutes.

02:19

!up numerisTrade

02:19

Voicing numerisTrade for 30 minutes.

02:19

thanks again

02:21

numerisTrade: You're welcome. Since the channel's quiet I'm trying to think about ways to give you level 2 with Assbot by trusting you that involve risk incurred on your part.

02:21

So you can self up

02:21

[MPEX] [S.MPOE] 8700 @ 0.00097158 = 8.4527 BTC [-]

02:23

numerisTrade: You lend right?

02:23

trying to, yes

02:23

*

fluffypony stretches

02:24

numerisTrade: Pick a baseball game happening tomorrow

02:24

BingoBoingo: borrowing when tipsy...? :-P

02:24

fluffypony: No.

02:24

I don't know anything about baseball

02:24

I know only how baseball bat looks like

02:25

numerisTrade: that makes two of us

02:25

my knowledge of baseball comes from two weeks in St. Louis

02:25

numerisTrade: Well, since lending is about pricing risk I was going to suppose a challenge where you might price risk for trust

02:25

fluffypony: The best place to get baseball knowledge

02:25

where all I had hammered into me was "Cardinals good, Pujols good"

02:25

"everyone else bad"

02:26

No, Pujols is washed up and Hollywood nao

02:26

BingoBoingo: yeah this was in early 2010

02:26

It's all about Yadier Molina now

02:26

I was In front of a classroom when Prince Albert betrayed us.

02:27

maybe some other example?

02:27

A number of students were shaken the rest of the morning after I broke the news

02:27

numerisTrade: Well I was going to suppose something along the lines of:

02:27

1) You pick an event and outcome

02:28

2) I pick a price for the outcome

02:28

3) maybe we haggle a bit

02:28

4) we agree to an unescrowed bet.

02:29

5) If you win the bet you get coins and lended trust, or you lose and pay for trust for being a person of word in this matter

02:31

ok, would you agree if we conducted this later on today? e.g. 2 p.m. GMT?

02:33

numerisTrade: I may not be awake then, but if I am I would still be amenable.

02:34

Since this is a kind of novel thing it may be best if we keep the stakes low at 0.01 BTC simply because unescrowed bets have such a poor history in BTC so far thanks to MNW

02:36

I agree, as you might have noticed, I'm still quite small

02:37

MNW?

02:37

numerisTrade: We are all small, this space is still small. I mean +m only happened Friday.

02:37

I noticed :)

02:37

MNW was an episode in BTC history worth researching.

02:38

I'd also be open to considering sports where you might have the knowledge advantage provided you can specify a decent resolution source.

02:42

ok, I'll prepare something. If you aren't on the channel then, I'll leave you a message, I'll be on the channel up till 21:00 GMT, or we'll meet tomorrow same time as today

02:42

MNW = Matthew N. Wright

02:43

a blight on the Bitcoin landscape

02:43

another scammer from old times?

02:43

HeySteve: not entirely

02:43

he had a bet that he lost

02:43

fluffypony, yeah, googled him

02:43

and he didn't pay

02:43

Matthew N. Wright is a former Republican member of the Pennsylvania House of Representatives.

02:44

numerisTrade: My waking hours as well as my online hours can be rather unpredictable even for myself. If you can find and event and we can agree to it before it plays I'd be amenable.

02:44

ah that's bad form, a man honours his debts

02:44

joecool: lol

02:45

"ah that's bad form, a man honours his debts" and "assbot removes voice from Ukyo" Fortuitous? Maybe I am just drunk and dense?

02:45

lol

02:46

ok, thanks

02:47

fluffypony: What are your thoughts on this unescrowed bet as an entante that might establish a measure of trust?

02:47

BingoBoingo: I like the idea

02:47

and the risk to both parties is minimal

02:48

fluffypony: Well, what if the newcoming party is especially new?

02:48

:)

02:48

well we're talking about establishing a baseline

02:48

and the WOT will link the new party back to you

02:48

and the amount will surely be mentioned in the rating

02:48

fluffypony: Sure

02:48

which means the educated user won't trust way beyond that

02:49

until the baseline has moved

02:49

which happens over time

02:50

But on the matter of +m being a thing, isn't the person with L1 trust offering a chance at L2 trust taking a substantial risk

02:50

!up numerisTrade

02:50

Voicing numerisTrade for 30 minutes.

02:51

it depends

02:51

if the newcomer ends up being a scammer, for instance

02:51

will those scammed come back to you and say "I trusted X because you trusted them!"

02:51

or will they, BEFORE trading/borrowing/whatevering, come to you and say "why do you trust X?"

02:52

fluffypony: I mean people can /ignore, but if the person who socially engineers trust for the purpose of spamming gets to self up, the only recourse is for the L1 to remove their trust or themselves be dropped

02:52

it seems to me that it should be the latter, but all too often it's the former

02:52

BingoBoingo: agreed

02:52

fluffypony: Well coming and asking is the ony way a WoT works.

02:52

or even changing their rating to negative based on their observation of it

02:52

hey fluffypony, that reminds me, would you rate me for that deal we did?

02:52

HeySteve: sure

02:53

thanks you trusted me for about $500, I will return the favour

02:53

;;rate HeySteve 2 ~$500 ZAR interbank (EFT) transfer for my BTC/LTC, smooth like pineapple juice

02:53

[MPEX] [S.MPOE] 7350 @ 0.00097414 = 7.1599 BTC [+] {2}

02:53

Rating entry successful. Your rating of 2 for user HeySteve has been recorded.

02:53

heh pineapple juice

02:54

;;rate numerisTrade 1 Trust offered on credit

02:54

Rating entry successful. Your rating of 1 for user numerisTrade has been recorded.

02:54

thank you!

02:54

you are very generous

02:55

numerisTrade: Well I plan to remove/expire this loaned trust on Thursday unless we can find something to risk and establish a longer term lending of trust over.

02:56

sure

02:56

what's interesting about WoT vs. something like BTCJam's profiles is that WoT makes the long-con substantially more difficult

02:56

numerisTrade: For the time in the interim I offer you the ability to self up so that you can answer questions on your lending venture and establish value with others or undertake some sort of risk to honor.

02:57

on BTCJam I see a LOT of people with "reputation" loans

02:57

they lend 5-10 times, various amounts

02:57

and because they've paid back they're considered trustworthy

02:58

but there's literally no other reason to trust them than they have a couple of months of not screwing anyone over

02:58

Reputation loans have always been a problem.

02:58

*

fluffypony nods

02:58

;;ident

02:58

Nick 'numerisTrade', with hostmask 'numerisTrade!57ccf3c2@gateway/web/freenode/ip.87.204.243.194', is identified as user 'numerisTrade', with GPG key id 3B5A64169734D48F, key fingerprint 8D77A1296B71AD54AD09F2FD3B5A64169734D48F, and bitcoin address None

02:58

Tradefortress was a horrible social engineering problem

02:58

yeah that was a mess

02:59

WoT is a deep system, very interesting

03:00

HeySteve: Honestly the biggest plus of bitcoin is that it compels WoT

03:01

yeah I'd say any kind of decentralised commerce needs such a system

03:01

I wonder if guys like that hoard their stash or end up living the high life for a few months before being broke?

03:02

fluffypony: Like MNW? In his case there is no way to know that he ever had a stash.

03:02

BingoBoingo: I was thinking more like TF

03:02

http://techcrunch.com/2014/04/15/weev-talks-about-life-in-prison-and-his-plans-to-open-a-hedge-fund-tro-llc/

03:02

Weev Talks About Life In Prison And His Plans To Open A Hedge Fund, TRO LLC | TechCrunch

03:02

fluffypony: Still similar.

03:06

"Weev: One can abandon their citizenship in a tyranny for more reasonable shores. Thats about it. Three Felonies a Day is a great book explaining the commonplace reality of capricious indictments."

03:07

"They will not indict you because you are a bad operator. They will indict you because you are there. I overturned my verdict only because I am an asshole. "

03:08

!up eqx

03:08

Voicing eqx for 30 minutes.

03:13

fluffypony: How's the wife?

03:14

Tell anyone new to fuck themselves recently?

03:14

BingoBoingo: good, she's gone to gym already

03:14

hah

03:14

not since the last time someone insulted her

03:14

:-P

03:15

Well, this stuff has to be in the logs for future reference. I mean how old was the Trilema when she took the pic?

03:15

how old was the trilema?

03:15

*blank*

03:17

fluffypony: You remember the title better than I... ;;google title

03:17

aaah I see what you mean

03:17

from a year ago

03:17

Yeah

03:17

although I didn't know of its existence till it was pointed out

03:17

Exactly.

03:18

Finding the important stuff takes time.

03:18

:-P

03:18

maybe mircea should email people he blogs about so that they know

03:18

or there could be an alert service

03:18

:-p

03:19

"You've been Trilema'd!"

03:19

You'd be surprised how quickly Mircea found my blog once I'd opened it and it had been months since I had been a regular in -assets

03:21

fluffypony: It took mere hours http://www.thedrinkingrecord.com/2013/09/24/hope-you-had-a-happy-blood-day/#comment-17

03:21

BingoBoingo: maybe he has a Google alert notification for his name?

03:21

fluffypony: He dun google

03:22

DuckDuckGo, then

03:24

BingoBoingo: your site down?

03:25

joecool: No, just... not optimally fast

03:25

BingoBoingo: my nick / name wasn't mentioned on the post, except in the screenshot of the thread, so discovery would've been tricky

03:25

BingoBoingo: only been waiting like 30s for it to load

03:26

and counting :-\

03:26

joecool: That is concerning...

03:26

joecool: it loaded quickly for me?

03:26

It has been slow this past hour or so on the control panel, but the web side was responsive.

03:26

oh now it isn't

03:27

she's broken BingoBoingo :(

03:28

*

BingoBoingo fills out a support ticket and awaits bitcoin prices that can support a 1U server rack from endowment funds.

03:34

fluffypony: you know about rss ?

03:34

jurov: yes, but I didn't have Trilema in my feeds a year ago

03:43

[HAVELOCK] [AM100] 200 @ 0.0051 = 1.02 BTC [+]

03:44

Support ticket filed.

03:52

Incense lit.

03:52

May BTC appreciate enough in the next year that one of these and colo be covered by the endowment http://www.newegg.com/Product/Product.aspx?Item=N82E16816101836

03:53

Also blog seems very responsive nao that ticket was filed

03:54

[MPEX] [S.MPOE] 26414 @ 0.00097416 = 25.7315 BTC [+]

03:59

Sleep mode

~ 15 minutes ~

04:15

america not democratic, say princeton boffins: https://www.commondreams.org/view/2014/04/14

04:29

[MPEX] [S.MPOE] 22750 @ 0.00097418 = 22.1626 BTC [+] {2}

04:36

dignork

bounce: good read on US democracy, probably was menation here before: http://unqualified-reservations.blogspot.co.uk/2009/01/gentle-introduction-to-unqualified.html

04:36

dignork

*mentioned

~ 1 hours ~

05:37

[HAVELOCK] [B.MINE] 4 @ 0.0286 = 0.1144 BTC [-]

05:39

[HAVELOCK] [NEOBEEQ] 1300 @ 0.00016026 = 0.2083 BTC [-] {11}

05:40

[HAVELOCK] [NEOBEEQ] 1200 @ 0.00010118 = 0.1214 BTC [-] {5}

~ 58 minutes ~

06:39

[HAVELOCK] [AM100] 91 @ 0.0051 = 0.4641 BTC [+]

~ 17 minutes ~

06:56

[MPEX] [S.MPOE] 30950 @ 0.00097153 = 30.0689 BTC [-] {2}

07:05

[MPEX] [S.MPOE] 17600 @ 0.0009761 = 17.1794 BTC [+] {2}

~ 29 minutes ~

07:35

[HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC

07:43

hey how the hell is rithm voiced! scam!

07:44

John K back again

07:44

4th time ?

07:46

okay so just in case... anyone got a current contact for weev ?

07:48

dub

visit him in jail with a message stowed in your anus

07:49

he's out of jail atm?

07:51

dub

oh, then write it on a hotdog and throw it up the hallway that was his ass

07:53

dub scamconviction got vacated yo

07:55

[HAVELOCK] [B.SELL] 2 @ 0.05250221 = 0.105 BTC [-]

07:56

http://online.wsj.com/news/article_email/SB10001424052702303663604579504691512965308-lMyQjAxMTA0MDEwNTExNDUyWj

07:56

Mt. Gox Files for Liquidation - WSJ.com

07:59

http://www.cso.com.au/article/534795/_pgp_encryption_has_had_stay-powering_does_it_meet_today_enterprise_demands_/

07:59

'PGP' encryption has had stay-powering but does it meet today's enterprise demands? - CSO | The Reso

07:59

asciilifeform ^ :D

~ 22 minutes ~

08:21

[HAVELOCK] [AM100] 173 @ 0.00511054 = 0.8841 BTC [-] {6}

08:22

[HAVELOCK] [AM1] 1 @ 0.51000242 BTC [-]

08:24

[HAVELOCK] [AM1] 3 @ 0.51000148 = 1.53 BTC [-] {3}

08:35

[HAVELOCK] [B.MINE] 10 @ 0.02862602 = 0.2863 BTC [-] {6}

08:36

[HAVELOCK] [B.SELL] 6 @ 0.05391665 = 0.3235 BTC [+] {5}

08:36

[HAVELOCK] [AM1] 4 @ 0.51 = 2.04 BTC [-]

08:48

http://www.coindesk.com/inside-offshore-vault-gold-trades-bitcoin/

08:49

didn't even know BullionRock existed

08:50

pankkake earlier this small island in the channel said it won't impose regulations

08:50

i dunno how far i'd trust them to stick with it, but so far it's been encouraging people.

08:54

[HAVELOCK] [PETA] 8 @ 0.0660001 = 0.528 BTC [-] {2}

08:56

[HAVELOCK] [PETA] 27 @ 0.066 = 1.782 BTC [-]

09:06

Assembly is such a wise ass. Its like yah dude I know the deal, I'm in here eryday

09:07

Assbot*

09:07

assbot is amazing!

09:07

AMAZING COMPANY!

09:19

http://blog.oleganza.com/post/82878104033/bitundo-can-destroy-instant-0-confirmation-transactions

09:19

Oleg Andreev - BitUndo can destroy instant 0-confirmation transactions

09:21

$depth mpoe

09:21

thestringpuller: S.MPOE Bids: ['1599 @ 0.00097149', '15602 @ 0.00096589', '7100 @ 0.00095965', '9100 @ 0.00095903', '1000 @ 0.00095001']

09:21

thestringpuller: Asks: ['23988 @ 0.00097649', '18750 @ 0.00097667', '3846 @ 0.0009779', '19450 @ 0.00097963', '24900 @ 0.00098016']

09:28

hello

~ 17 minutes ~

09:46

numerisTrade: ¡ola!

09:46

mircea_popescu: pgp article << what kind of dope do i need to smoke for this one to make sense ??

09:46

yes, fluffypony?

09:47

numerisTrade: just saying hello :)

09:47

asciilifeform: managementthink

09:48

¡ola!, fluffypony :)

09:52

mircea_popescu: weev article << 'TRO LLC (yes, the troll corporation), based in generating actionable financial intelligence from the computer underground. The primary strategy will be short equities' << poor sod, sits in usa, waits for nailgun.

09:53

"does PGP public-key encryption still meet today's enterprise demands, given the rise of cloud computing and mobile?"

09:53

"does encryption still make sense, now that we're looser than ever with our sensitive data?"

09:53

meet today's enterprise demands << only ROT-13 can possibly meet demands!

09:54

too complicated, can't we just share all this stuff on the network drive?

09:58

!up davout

09:58

Voicing davout for 30 minutes.

09:58

!up Kushedout

09:58

Voicing Kushedout for 30 minutes.

09:58

!up numerisTrade

09:58

Voicing numerisTrade without time-limit.

09:58

!up MobGod

09:58

Voicing MobGod for 30 minutes.

09:58

!up dr3

09:58

Voicing dr3 for 30 minutes.

09:59

!up smidge

09:59

Voicing smidge for 30 minutes.

09:59

!up zoinky

09:59

Voicing zoinky for 30 minutes.

09:59

nubbins`: wanna light some jasmine candles and talk about our feelings?

09:59

only if they're thin and green

10:00

http://www.youtube.com/watch?v=iels3GLw-zs

10:00

Leonard Cohen-one of us cannot be wrong (original) - YouTube

10:00

zoinky

30 minutes wooo

10:01

dR3

wooo

10:01

for that matter:

10:01

http://www.youtube.com/watch?v=mCtyvobvrIM

10:01

Lagwagon Let's Talk About Feelings (full album) - YouTube

10:01

dR3

merci

10:02

hmm, Voicing numerisTrade without time-limit?

10:02

;;gettrust assbot numerisTrade

10:02

Currently authenticated from hostmask numerisTrade!~numeris@87-207-88-238.dynamic.chello.pl. Trust relationship from user assbot to user numerisTrade: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=numerisTrade | WoT data: http://b-otc.com/vrd?nick=numerisTrade | Rated since: Thu Apr 3 07:04:18 2014

10:02

ah, look at that

10:04

I was wondering why are you voicing me. I mean, that's kind of you, but...

10:04

...unnecessary? :D

10:04

i just upped everyone who's joined since i did ;(

10:05

[MPEX] [S.MPOE] 1599 @ 0.00097149 = 1.5534 BTC [-]

10:06

:)

10:12

[HAVELOCK] [B.SELL] 17 @ 0.05399999 = 0.918 BTC [+] {4}

10:25

[MPEX] [S.MPOE] 18384 @ 0.00097133 = 17.8569 BTC [-]

~ 24 minutes ~

10:50

[MPEX] [S.MPOE] 80741 @ 0.00096747 = 78.1145 BTC [-] {2}

~ 16 minutes ~

11:06

I'm just beginning to read the mathew n Wright forum. Anyone want to give me a summary of the ending first?

11:07

[HAVELOCK] [RENT] 48 @ 0.0075 = 0.36 BTC [+]

11:13

[HAVELOCK] [HIF] 1950 @ 0.00013991 = 0.2728 BTC [-] {10}

11:17

[HAVELOCK] [CBTC] 4305 @ 0.0001162 = 0.5002 BTC [-] {7}

11:19

..lived happily ever after.

11:26

... the butler did it

~ 20 minutes ~

11:47

[HAVELOCK] [AM1] 1 @ 0.52984286 BTC [+]

11:48

[HAVELOCK] [AM1] 2 @ 0.52990032 = 1.0598 BTC [+] {2}

11:49

[HAVELOCK] [AM100] 45 @ 0.00554509 = 0.2495 BTC [-]

11:50

Thanks guys...

11:50

[HAVELOCK] [AM100] 29 @ 0.00554489 = 0.1608 BTC [-]

11:50

Duffer1

sorry man that all was before my time, not sure what all happened

11:55

He didn't pay, if I recall correctly

11:57

[HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC

11:57

!up mjr_

11:57

Voicing mjr_ for 30 minutes.

11:57

thanks?

11:57

*

rithm is wiggling his ass to https://soundcloud.com/gramatik/02-gramatik-torture-feat

11:57

did i break your chats with mursiks

12:00

TestingUnoDosTre: 9 September 2012 Matthew Neal Wright (mentioned above) had been offering interested parties bets on whether the Bitcoin Savings and Trust will fail or not. Numerous people took the bet, MNW failed to pay out when the collapse of that Ponzi scheme became fact. Consequently scammertagged in the forum.

12:00

http://trilema.com/2012/the-bitcoin-drama-timeline/ was the source for that

12:00

The Bitcoin Drama Timeline pe Trilema - Un blog de Mircea Popescu.

12:00

[HAVELOCK] [RENT] 90 @ 0.0075 = 0.675 BTC [+]

12:00

[HAVELOCK] [B.MINE] [PAID] 3.46002048 BTC to 8`421 shares, 41088 satoshi per share

12:02

So he didn't pay it all out, or he did pay some?

12:03

I don't believe he paid at all

12:11

MNW paid some people privately

12:11

and others not at all

12:12

i used to think he paid no one but I've since learned differently

12:12

Not sure if best or worst scam in entire history of bitcoin...

12:12

why he still hangs around though i dunno he's juvenile

12:12

sortof like micon

12:12

foum is full of them

12:12

Doesn't look like he has a scammer tag any more

12:13

does a scammer tag on the forum have nay relevance at all?

12:13

i mean what does it mean?

12:13

is theymos a scammer?

12:13

sorry, i mean thermos, he goes by thermos now

12:14

*

rithm is just curious what the actual real world consequences of a bitcointalk.org scammer tag are

12:15

I believe they stopped using them officially

12:16

But some obvious people are still tagged- ie nefario, pirateat40

12:16

yes, and now there is some half assed trust system

12:16

which is broken because you have no way to idetify the person you communicate with on that forum

12:17

unless you start gpg signing pm's and posts

12:17

https://coinstax.com/product-detail/6/

12:17

CoinStax – 1 oz. Perth Mint Gold Bars (25 count Box)

12:17

but this though

12:18

;;calc 33678.50/[tlast]

12:18

65.3951456311

12:19

;;gettrust mjr

12:19

WARNING: Currently not authenticated. Trust relationship from user benkay to user mjr: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=mjr | WoT data: http://b-otc.com/vrd?nick=mjr | Rated since: never

12:20

;;gettrust mjr_

12:20

WARNING: Currently not authenticated. Trust relationship from user benkay to user mjr_: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=mjr_ | WoT data: http://b-otc.com/vrd?nick=mjr_ | Rated since: never

12:20

mjr_: you're not in the wot!?

12:20

;;rate TomServo 1 #bitcoin-assets +v

12:20

Rating entry successful. Your rating of 1 for user TomServo has been recorded.

12:20

;;gettrust phf

12:20

Currently authenticated from hostmask phf!~phf@unaffiliated/phf. Trust relationship from user benkay to user phf: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=phf | WoT data: http://b-otc.com/vrd?nick=phf | Rated since: Thu Jan 2 22:27:02 2014

12:20

[HAVELOCK] [B.MINE] 18 @ 0.02987944 = 0.5378 BTC [+] {2}

12:23

;;gettrust assbot theymos

12:23

WARNING: Currently not authenticated. Trust relationship from user assbot to user theymos: Level 1: 0, Level 2: 0 via 2 connections. Graph: http://b-otc.com/stg?source=assbot&dest=theymos | WoT data: http://b-otc.com/vrd?nick=theymos | Rated since: Mon Nov 8 13:36:30 2010

12:26

;;gettrust numerisTrade

12:26

Currently authenticated from hostmask numerisTrade!~numeris@87-207-88-238.dynamic.chello.pl. Trust relationship from user BingoBoingo to user numerisTrade: Level 1: 1, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=BingoBoingo&dest=numerisTrade | WoT data: http://b-otc.com/vrd?nick=numerisTrade | Rated since: Thu Apr 3 07:04:18 2014

12:27

i am in the WoT

12:27

but I think you have to look up by my name

12:27

;;gettrust assbot mjr

12:27

WARNING: Currently not authenticated. Trust relationship from user assbot to user mjr: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=mjr | WoT data: http://b-otc.com/vrd?nick=mjr | Rated since: never

12:28

!up mjr_

12:28

Voicing mjr_ for 30 minutes.

12:28

;gettrust benkay

12:28

;;gettrust benkay

12:28

Currently authenticated from hostmask benkay!~user@71-214-87-217.ptld.qwest.net. Trust relationship from user mjr_ to user benkay: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mjr_&dest=benkay | WoT data: http://b-otc.com/vrd?nick=benkay | Rated since: Sun Mar 10 13:57:45 2013

12:28

hmmm

12:28

I believe in the WoT I am Josh_Rossi or JoshRossi

12:29

;;gpg info Josh_Rossi

12:29

User 'Josh_Rossi', with keyid C286BB96FE9B6CD3, fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX, registered on Sat Mar 9 18:38:35 2013, last authed on Sat May 11 08:47:37 2013. http://b-otc.com/vg?nick=Josh_Rossi . Currently not authenticated.

12:30

yep

12:30

ôôident mjr_

12:30

that's me

12:30

;;ident mjr_

12:30

Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is not identified.

12:30

hold on a sec, i will identify

12:31

if i can remember how

12:31

;;help

12:31

The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/

12:31

what is the command?

12:31

;;authenticate

12:31

Error: "authenticate" is not a valid command.

12:32

;;ident

12:32

Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is not identified.

12:32

You can do all that in a pm channel with gribble.

12:32

k thanks

12:32

It would prevent flailing about in public. ;)

12:32

lol

12:32

what is the command again?

12:32

a choice of auth, eauth, bcauth

12:34

artifexd: you're no fun!

12:35

lol, don't worry still have trouble

12:35

its a pastebin, right?

12:35

eauth Josh_Rossi

12:35

12:35

what is gribble expecting for the verify part

12:35

everify <decrypted otp>

12:35

a url?

12:35

ah ok

12:36

;;gettrust phf

12:36

Currently authenticated from hostmask phf!~phf@unaffiliated/phf. Trust relationship from user benkay to user phf: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=phf | WoT data: http://b-otc.com/vrd?nick=phf | Rated since: Thu Jan 2 22:27:02 2014

12:43

;;idet

12:43

Error: "idet" is not a valid command.

12:43

;;ident

↖

12:43

CAUTION: irc nick differs from otc registered nick. Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is identified as user 'Josh_Rossi', with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX

12:43

now i'm identified, that is my WoT name

12:43

;;gettrust assbot Josh_Rossi

12:43

Currently authenticated from hostmask mjr_!~Thunderbi@190.105.171.186. CAUTION: irc nick differs from otc registered nick. Trust relationship from user assbot to user Josh_Rossi: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=Josh_Rossi | WoT data: http://b-otc.com/vrd?nick=Josh_Rossi | Rated since: never

12:44

yeah...no one ever rates me

12:44

;;rate mjr_ 1 nice guy

12:44

Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.

12:44

thanks davout

12:44

;;rate Josh_Rossi 1 nice guy

12:44

Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.

12:44

here you go

12:44

woohoo

12:44

;;gettrust assbot Josh_Rossi

12:44

Currently authenticated from hostmask mjr_!~Thunderbi@190.105.171.186. CAUTION: irc nick differs from otc registered nick. Trust relationship from user assbot to user Josh_Rossi: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=Josh_Rossi | WoT data: http://b-otc.com/vrd?nick=Josh_Rossi | Rated since: Wed Apr 16 12:44:36 2014

12:45

There ya go.

12:45

awesome

12:45

Now if your nick matches your wot, you can pm assbot and !up yourself.

12:45

I used to have a script that would authenticate me when i sign in

12:45

;;gettrust mjr

12:45

WARNING: Currently not authenticated. Trust relationship from user benkay to user mjr: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=mjr | WoT data: http://b-otc.com/vrd?nick=mjr | Rated since: never

12:45

;;gettrust mjr_

12:45

WARNING: Currently not authenticated. Trust relationship from user benkay to user mjr_: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=mjr_ | WoT data: http://b-otc.com/vrd?nick=mjr_ | Rated since: never

12:45

;;gettrust Josh_Rossi

12:45

Currently authenticated from hostmask mjr_!~Thunderbi@190.105.171.186. CAUTION: irc nick differs from otc registered nick. Trust relationship from user benkay to user Josh_Rossi: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=benkay&dest=Josh_Rossi | WoT data: http://b-otc.com/vrd?nick=Josh_Rossi | Rated since: Wed Apr 16 12:44:36 2014

12:46

does that make the warning go away?

12:46

;;ident

12:46

Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!~Thunderbi@190.105.171.186', is identified as user 'Josh_Rossi', with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX

12:46

;;rate Josh_Rossi 1

12:46

Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.

12:46

i'm not even sure if i still have that btc address...

12:48

;;rate davout 1

12:48

Rating entry successful. Your rating of 1 for user davout has been recorded.

12:48

;;rate benkay 1

12:48

Rating entry successful. Your rating of 1 for user benkay has been recorded.

12:49

thanks, boss

12:49

lol

12:49

I have almost no standing in the WoT

12:49

but I don't actually ask for stuff...so I guess its ok

12:53

Hey i need to speak with a bitbet mod

↖

12:53

;;rate mjr_ 1 satoshi square

12:53

Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.

12:54

;;rate Josh_Rossi 1 satoshi square

12:54

Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.

12:54

donald rumsfeld complaining the tax code is too complex. what'd he try and do about it when he had the chance?

12:56

[HAVELOCK] [AM1] 1 @ 0.53180969 BTC [+]

12:58

[HAVELOCK] [ALC] 323 @ 0.14 = 45.22 BTC

13:02

hmmm

13:02

I just got robbed on a bet close to the timeline

13:02

this aint right.

13:04

I had a bet submitted with 1 confirmation before event occured, and they're trying to refund me

13:05

who?

13:06

What do you mean who?

13:06

;;rate phf 2 lisper

13:06

Rating entry successful. Your rating of 2 for user phf has been recorded.

13:06

https://twitter.com/rogerkver/status/447344144315211776/photo/1

13:06

wtf is with the log.

13:07

What's wrong

13:08

i dont know seems fine no

13:08

w

13:08

its prolly me.

13:10

Alright kako- do you know people in charge or bitbet?

13:11

does that work?

13:11

TestingUnoDosTre i might

13:11

what happened to the options on mpex?

13:11

you got a few months of lag?

13:12

Duffer1

hehe

13:12

I submitted a bet that had 1 confirmation prior to bitstamp going to 525and they're trying to refund

13:12

Price still coulda tanked

13:12

Duffer1

you're getting a refund?

13:12

is the timestamp of your bet on bitbet after the event or before?

13:13

I can double check, but I'm pretty sure before

13:13

well check then

13:14

Double check

13:23

.d

13:23

6.120 billion | Next Diff in 177 blocks | Estimated Change: 13.1257% in 1d 1h 34m 48s

13:24

Yes. Crossed over at 23:29. Bet time on bitbet 23:20

13:24

http://bitcoincharts.com/charts/bitstampUSD#rg2zig1-minzczsg2014-04-15zeg2014-04-16ztgSzm1g10zm2g25zv

13:25

;;later tell mircea_popescu complaint ^^

13:25

The operation succeeded.

13:25

fixd

13:27

[HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC

13:31

They're gonna pay everybody though. Says resolved!

13:32

benkay: "aristocracy" works like as well as ever. Also, very much enjoyed your recourse piece :D

13:33

http://bitcoinpete.com/2014/ex-post-toronto-bitcoin-expo/

13:33

Ex-Post: Toronto Bitcoin Expo | When Bitcoin Met Pete

13:34

TestingUnoDosTre was it paid already?

13:35

oh and btw, since im the first, greetings from Romania.

13:37

They just paid it...

13:37

Like literally just after I told you

13:38

TestingUnoDosTre, wait for mp to return

13:38

;;seen mircea_popescu

13:38

mircea_popescu was last seen in #bitcoin-assets 4 hours, 48 minutes, and 15 seconds ago: <mircea_popescu> i dunno how far i'd trust them to stick with it, but so far it's been encouraging people.

13:39

My apologies... gotta settle down a little

13:39

bitcoinpete: so when are they launching their decentralised iOS exchange?

13:39

:-P

13:39

Do they have an email, or how do I contact?

13:40

fluffypony: lol it's sitll in "pre-alpha"

13:40

still*

13:40

I look forward to running it, as long as I can invest in the "company" behind it with BitShares or ProtoShares or whatever-the-fuck-shares

13:40

kakobrekla: have fun at the conference! i hope to make it next year

13:40

TestingUnoDosTre, here is a hint : http://mpex.co/

13:40

eh

13:41

i meant http://mpex.co/?mpsic=S.BBET

13:41

thanks bitcoinpete, already having fun.

13:41

kakobrekla, you're the first that arrived ?

13:42

I should actually write a Dogecoin-denominated trading site and only allow companies that are clearly a joke

13:42

I'll call it DogecoinBourse

13:42

Apocalyptic yes, noone will be here till tomorrow

13:42

How many are supposed to attend this year?

13:42

no clue

13:42

kakobrekla: drink a few ursus' and eat a few mititei for us. it's a deadly combo

13:42

at least 2

13:43

jurov and asciilifeform are attending i think

13:43

heh, you want to kill my stomach ? :)

13:44

right now im in the hotel bar, sipping a double jack.

13:44

very nice.

13:45

20:45.05 . numerisTrade ( ~numeris@unaffiliated/numeristrade ) joined #bitcoin-assets

13:45

20:45.05 . sendak.freenode.net sets #bitcoin-assets mode +v numerisTrade

13:45

20:45.05 . ChanServ sets #bitcoin-assets mode -v numerisTrade

13:45

lol.

13:45

has this been a regular occurance?

13:47

Not that I've noticed.

13:52

Kako, you're the owner of bbet?

13:52

heh

13:52

TestingUnoDosTre halfassed.

13:52

Help a brotha out. I'm making my living off your website

13:52

:o

13:52

Running on thin margins

13:53

anyway, as i said, complaints to go to MP

13:53

wait for him to return

13:55

Complaints to the billionaire,?

13:56

ofc.

14:00

$depth mpoe

14:00

thestringpuller: S.MPOE Bids: ['1000 @ 0.00095001', '1000 @ 0.00094501', '450 @ 0.00082', '4000 @ 0.0008101', '3000 @ 0.00081']

14:00

thestringpuller: Asks: ['8459 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']

14:02

http://www.theregister.co.uk/2014/04/16/mtgox_requests_liquidation/

14:03

the register has been reading -assets. ^borkt

14:04

lol

14:06

hi all

14:06

I used to love TheRegister when it was this slightly obscure British publication that was the only way of following the BOFH saga

14:06

oh I loved BOFH!

14:06

pankkake: the newer stuff got boring

14:07

but like pre-2005 BOFH is still golden

14:07

Naphex

evening

14:09

pankkake: most recent episode - http://www.theregister.co.uk/2014/03/21/bofh_2014_episode_3/

14:09

stopped reading that years ago. the old stuff was good, though.

14:10

bofh used to be on whatwasit networkworld? only came to el reg later

14:11

bounce: yeah, went to El Reg for its "revival"

14:11

Why do you think they've been reading assets? Found no quotes UN artcke?

14:11

In article. Fucking auto correct

14:11

http://www.washingtonpost.com/blogs/the-switch/wp/2014/04/15/this-reader-mocked-heartbleed-by-posting-his-passwords-online-youll-never-guess-what-happened-next/

14:11

This reader mocked Heartbleed, posted his passwords online. Guess what happened next.

14:12

bitcoinpete, some time ago i tried to discuss your deflation artice with you, do you have a while?

14:12

wywialm: shoot. what's on your mind?

14:13

do you believe there may be bad deflation? or good inflation?

14:13

that pdf waffles like the fat frenchman wrote it

14:13

[HAVELOCK] [PETA] 2 @ 0.06690987 = 0.1338 BTC [+]

14:13

BingoBoingo: "hacked" by some obscure definition of hacked we weren't previously privy to

14:14

Sure

14:15

wywialm: as hamlet said: “there is nothing either good or bad, but thinking makes it so."

14:16

For the record, bitcoin is inflating at a rapidly decreasing, defined rate

14:17

no doubt that a lot of people will be screwed out of pensions and other lofty promises, also little doubt that faux egalitarianism will fall by the wayside

14:17

TestingUnoDosTre: totally. it's the first deterministically scarce asset with a decreasing inflation rate

14:18

it's really fiat that's collapsing unpredictably into bitcoin

14:19

ok, to be precise: do you believe there are circumstances in which deflation would do unnecessary harm to the economy, its net effects being negative?

14:20

in the same way we could call some forms of governments net negative on the economy

14:20

Not with a truly fungible asset

14:21

wywialm: i see the nets being positive

14:21

to be even more precise, by inflation i mean rising *price level*, not plain money growth

14:21

and the harm as being entirely necessary

14:22

wywialm, you're using the perverted meaning of inflation I see

14:22

right, the price of goods and services is decreasing despite the monetary base increasing

14:22

clearly that's the message of your article, bitcoinpete. I'm asking whether it is "always and everywhere"

14:23

Apocalyptic, no, it's a standard definition, contrary to late Mises and Rothbard, and avoids much confusion

14:24

wy

14:24

wywialm: history would seem to say so. we'll see whether it rhymes this time 'round

14:25

[HAVELOCK] [ALC] 350 @ 0.14 = 49 BTC

14:26

to be even more clear, i generally agree with you that under normal conditions of rising productivity, moderate deflation is very desirable

14:26

bitcoin and gold are checks on tyrannical mobs

14:27

mod6

(10:01) <+pankkake> oh I loved BOFH! << me too, the old ones are best imho.

14:27

sure, but that's fiscal effect of both. i try to focus on monetary effects

14:28

wywialm: monetary effects don't exist in isolation. nothing does. and least of all in economics

14:28

wywialm, not really, the standard definition is the increase of the money supply, or monetary base

14:29

we can't say that increasing x is desirable because it correlates to increased y without considering the social and political impacts

14:29

bitcoinpete: "whatever is is right" to quote another poet.

14:30

bitcoinpete, we try to abstract from them now. Without this tool no economic analysis would be possible

14:30

;;gettrust wywialm

14:30

Currently authenticated from hostmask wywialm!~wywialm@87-207-88-238.dynamic.chello.pl. Trust relationship from user benkay to user wywialm: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=benkay&dest=wywialm | WoT data: http://b-otc.com/vrd?nick=wywialm | Rated since: Tue Apr 15 11:18:52 2014

14:31

good bad who cares bitcoin is here to kick the ass of anyone who wants to diddle the number of currency units around

14:31

bad is good

14:31

benkay yup, pretty much. it's skill-gettin' time

14:32

Apocalyptic, when did this term get 'perverted' and why would it be an argument against defining it that way?

14:33

benkay :)

14:36

bitcoinpete, would then *steadily shrinking* currency unharmful as well?

14:37

good point

14:45

numerisTrade: i imagine that a currency whose supply is decreasing over time wouldn't make for a very good currency. an example of this would be the picassos in the world today. over time, they're lost to fires, floods, irreparable damage, etc. as such, no one defines picassos as currency just as no one sane defines bitcoin as money

14:46

ok

14:48

wait, bitcoin is not money only in current legal sense

14:48

https://lobste.rs/s/3utipo/openbsd_has_started_a_massive_strip-down_and_cleanup_of_openssl

14:48

Gunna subconsciously call bitcoins Picasso's now every time I check my portfolio

14:48

OpenBSD has started a massive strip-down and cleanup of OpenSSL | Lobsters

14:48

"they’re incinerating compatibility with upstream with a plasma torch" lol

14:49

well, bitcoin is medium of exchange, you can play with definitions as you wish, but it won't help with understanding anything

14:50

numerisTrade: the irs' ruling of bitcoin as property is actually quite accurate and intelligent. bitcoin is far more like property overlooking central park than the dollars in our pockets

14:50

TestingUnoDosTre: might as well :D

14:51

and bitcoins will reach a point when they will be decreasing, due to losses and so on

14:52

i guess eiteher they will be mined or some protocol to recover 100 years untouched outputs will be agreed upon

14:52

unlike picassos, here it is possible

14:53

bitcoinpete, legalistically, yes, but property and land could be money in economic terms

14:54

wywialm: so can a barrel of oil. so can a chicken. so...

14:54

jurov: good point, hadn't thought of that. oh the wonders of software

14:55

$depth mpoe

14:55

thestringpuller: S.MPOE Bids: ['11090 @ 0.00095019', '1000 @ 0.00095001', '1000 @ 0.00094501', '450 @ 0.00082', '4000 @ 0.0008101']

14:55

thestringpuller: Asks: ['8459 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']

14:55

so we could analyse economic impact of bitcoin being money, either now or some time later

14:56

[HAVELOCK] [PETA] 2 @ 0.0668 = 0.1336 BTC [-]

14:56

some protocol to recover 100 years untouched outputs will be agreed upon // unlikely

14:56

and I hope it doesn't happen

14:56

Agreed

14:56

Double agree

14:57

Apocalyptic: why not?

14:57

it would be just a simple rule that miner can take 5 million blocks old unspent output(s).

14:58

it's a slippery slope

14:58

and there will be muich bigger changes necessary much sooner than 100 years, you really think SHA-256 will resist so long?

15:00

There will be, an adequate replacement in 100 years

15:00

And its not like bitcoin owners won't be able to transfer value to said systems

15:00

A la shitcoins, but better

15:01

[HAVELOCK] [ALC] 1 @ 0.14 BTC

15:01

In fact I think having shorter delay, like 5 years would force criminals to spend, benefitting everyone

15:01

... what nonsense is this

15:02

jurov, really the criminal argument coming from you ?

15:02

bitcoin could work with md4. the goal is to brute force it, so it doesn't matter how broken it is

15:02

what's so shocking?

15:02

;;google satcoin

15:02

SAT solving - An alternative to brute force bitcoin mining: <http://jheusser.github.io/2013/02/03/satcoin.html>; [ANN] Saturncoin [SAT] - One of the most fast and secure coins ...: <https://bitcointalk.org/index.php?topic=441760.0>; jheusser/satcoin · GitHub: <https://github.com/jheusser/satcoin>

15:02

SHA-256 will resist so long? // even if a full 1 block colision is found, it won't affect mining

15:03

jurov, do you believe spending of criminals will benefit the economy?:)

15:03

nah, only the money of saints benefits economy

15:03

lol

15:03

must be

15:04

i happen to agree with you, especially considering bitcoin deflation argument, but if so, wouldn't e.g. printed-money-spending benefit economy as well in some cases?

15:05

i think it's more about stability of money supply

15:05

can you imagine someone hoarding and after 10 years throwing in few millions btc

15:05

so, withholding money from circulation might have similar effects (and we believe them to be negative) as coin loss?

15:06

(under certain conditions, not always, etc. of course)

15:06

that person can hoard by moving the coins for free

15:06

though miners would then be incentivized to REFUSE transactions

15:06

pankkake: but then everyon knows they are not lost

15:06

who cares

15:06

currently everyone can only guess

15:06

no, you're not spending that output, because I want to grab it!

15:07

pankkake: market will solve that nicely. miners will take the txfee now instead of waiting for expiration

15:07

https://www.youtube.com/watch?v=rBHjx4dYxjA

15:07

Computer simulations teaching themselves to walk - Bizarre - YouTube

15:09

better:

15:09

https://www.youtube.com/watch?v=JBgG_VSP7f8

15:09

Karl Sims - Evolved Virtual Creatures, Evolution Simulation, 1994 - YouTube

15:12

bitcoinpete, let's follow jurov and imagine that somehow demand for money/bitcoin sharply increases. Would it be harmful to general trade conditions? That is, would it generate a recession? If not, why?

15:13

probably, let's leave bitcoin for now, as it's not money as a unit of account for majority of bitcoinholders

15:13

let's focus just on abstract 'money'

15:13

what is meant by "demand for bitcoin increases"?

15:14

demand for money, no bitcoin :) flight from assets to cash.

15:14

e.g. major 'risk-off'

15:15

hoarding

15:15

etc.

15:15

popping of reality/stock bubble as usual?

15:15

[MPEX] [S.MPOE] 26946 @ 0.00095914 = 25.845 BTC [-]

15:16

not necessarily - after such 'pop' there are usually calls that there was a bubble, but not every falling asset was a bubble previously

15:16

wywialm: it's money as a unit account for the bitcoin holders that matter.

15:16

note that everything on mpex is btc-denominated.

15:17

one can even buy hosting denominated in btc

15:17

[MPEX] [S.MPOE] 7167 @ 0.00096466 = 6.9137 BTC [+]

15:18

$epth

15:18

$depth mpoe

15:18

thestringpuller: S.MPOE Bids: ['15174 @ 0.00095914', '75 @ 0.00095266', '11090 @ 0.00095019', '1000 @ 0.00095001', '1000 @ 0.00094501']

15:18

thestringpuller: Asks: ['1292 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']

15:18

sure, but i didn't want to enter this branch of discussion

15:19

in assets brach enters you!

15:19

benkay: you missing shit

15:19

get a bouncer :P

15:20

wywialm: from personal experience, when the price is going parabolic, there's little incentive to spend bitcoin when the good or service will be cheaper tomorrow and the need isn't dire

15:21

so under such conditions, the economy is filtered for value

15:22

agreed, but this effect can be really harmful in a much more developed economy, with credit, net of contracts, many competitors on a single markets

15:23

You just have to structure a debt contract with half a brain

15:23

and then it is not only filtered for value, trade just goes down incredibly - we could go on claiming everything is fine, but then unemployed resources appear en masse

15:24

it will be interesting to see it play out, but nobody knows how it is actually going to play out.

15:24

And thus we hoard

15:24

it definitely will

15:24

wywialm: if there's no market for the stuff at the price, the price must move for the stuff to move.

15:25

bitcoin will bring a rigor to business unseen for centuries.

15:25

TestingUnoDosTre, like what? indexing to something else?

15:25

wywialm: what's the root of your nick?

15:25

benkay, or not

15:26

that's my surname

15:26

Or partially indexing.

15:26

how does one pronounce it?

15:27

Vyhvial, or actually, Vyhviaw :) if you insist i could provide fonetic notation

15:27

M is first letter of my name

15:27

TestingUnoDosTre, but that's changing the unit of account :)

15:27

wywialm: what part of the world is that from?

15:28

Poland

15:29

Creditors may also want to shed some risk

15:30

For example if they own a large amount of btc and want to protect against a big short term drop in value

15:30

benkay, re: if there's no market for the stuff at the price, the price must move for the stuff to move

15:31

there are exceptions to this, grouped under the tag of 'price rigidity', which has many origins and which i'll try to sum up briefly

15:33

(generally, if there were no price rigidity, sharp deflation would be no problem, I believe)

15:33

price rigidity is just another form of tversky and khaneman's anchoring and adjusting

15:34

no, not necessarily, it is beyond psychology

15:34

[HAVELOCK] [CBTC] 908 @ 0.00011918 = 0.1082 BTC [+] {2}

15:35

first, there are menu costs and other costs of price adjustments, such as making plans and accounting

15:37

[MPEX] [S.MPOE] 1292 @ 0.00096466 = 1.2463 BTC [+]

15:37

second, there are long term contracts negotiated in terms of monetary unit of account

15:39

so the world changes out from underneath you sometimes. one tries to plan and account for these things. sometimes the irresistable force is just completely irresistable.

15:40

and third, most important probably, are network coordination failures. On a reasonably populated market, if the nominal demand (or trade volume) falls, the first enterpreneur to lower prices would not suffer losses due to demand inelasticity

15:40

benkay, true, but this is a source of rigidity which will impact the real economy

15:41

wywialm: right, which all means that the losses, as well as the profits, are privatized, whereas we currently socialize large losses

15:41

isn't monetary diddling used solely to socialize losses?

15:41

bitcoinpete, i'm not a defender of current (fiscal and monetary) arrangements

15:41

solely, largely, a lot of the time, whatever

15:43

benkay: yup. and i meant to say that bitcoin prevents this, if i wasn't clear

15:43

;;later tell davot rejected.

15:43

The operation succeeded.

15:43

;;later tell davout rejected.

15:43

The operation succeeded.

15:43

eh?

15:43

currently, i'd bet something between 'largely' and 'sometimes'. Have a look at EU, they are heading for deflation, despite their official inflation targets, same in Poland

15:43

just helping to illuminate, bitcoinpete

15:44

fuckin lag.

15:45

benkay: bueno ;)

15:45

why don't they flood EU with cash, when they have mandate to do it?

15:45

good sesh. i'm out for now

15:45

cya

15:45

hey wywialm who actually controls how much money sloshes around the eu?

15:46

ECB

15:46

in that, Germany and to lesser extent, France.

15:47

and the same situation is in Poland, official inflation target is 2.5%, we are ~1% and head of National Bank of Poland says he's ok with that

15:48

Czech Republic is probably deflating already

15:48

a good thing

15:48

not necessarily, as i tried to point earlier

15:50

well head of NBP doesn't have much say in euro monetary supply does he?

15:50

in PL we are monetary independent still

15:51

we have zloty (which, by coincidence, means 'golden', and last had gold component 300 years ago)

15:51

not EUR

15:51

asciilifeform: https://github.com/pf/erc-gribble

15:51

ah cool

15:52

well so anyways euro is deflating right now?

15:52

[MPEX] [S.MPOE] 18491 @ 0.00096548 = 17.8527 BTC [+]

15:53

inflation 0.5 %, target 2%

15:54

what are their lines of recourse and why aren't they using them?

15:55

and it is not equally distributed throughout eurozone, south is deflating for a couple of years, -1.5% i believe

15:55

they only use interest rate policy, which is veeery far from efficient

15:56

and they are cowardly, i believe, as they could push interest rates lower even in their imperfect framework

15:57

what they should do is to do as-neutral-as-possible QE. Think about it, if you have a bank, and demand for your notes skyrockets, you issue more, not less, right?

15:58

[HAVELOCK] [PETA] 3 @ 0.06690993 = 0.2007 BTC [+] {2}

15:58

benkay: neato

15:59

btw: that reminded me about another consequence of deflation, which should be obvious: the zero lower bound of interest rates

15:59

oh phf you can !up yourself in pm now

15:59

;;ident phf

15:59

Nick 'phf', with hostmask 'phf!~phf@unaffiliated/phf', is identified as user 'phf', with GPG key id 5356DE4752432A9E, key fingerprint BDDE12104FE81BE7F83B698F5356DE4752432A9E, and bitcoin address 1N3iZVTNu4kco858zTpHUkfpzAWj6Uma7S

15:59

!up phf

15:59

Voicing phf without time-limit.

15:59

phf wrote that elisp

16:00

*

benkay goes back to mutating cloud boxes

16:00

cheers

16:01

next step is to add assbot integration

16:01

now that i can test it ;)

16:01

sweet

16:11

i'll be going, thanks benkay for a nice chat

16:11

see ya

~ 26 minutes ~

16:38

!last m s.mpoe

16:38

Last trade for S.MPOE on MPEX was at 0.00096548 BTC [+]

16:38

$depth mpoe

16:38

thestringpuller: S.MPOE Bids: ['15167 @ 0.00096548', '75 @ 0.00096', '15174 @ 0.00095914', '11090 @ 0.00095019', '1000 @ 0.00095001']

16:38

thestringpuller: Asks: ['49700 @ 0.00097016', '14441 @ 0.00097133', '14600 @ 0.00097259', '43200 @ 0.00097666', '18750 @ 0.00097667']

16:42

[HAVELOCK] [AM100] 202 @ 0.00502054 = 1.0141 BTC [-] {9}

16:42

[HAVELOCK] [AM1] 5 @ 0.50342865 = 2.5171 BTC [-] {5}

16:42

;;ticker

16:42

Bitstamp BTCUSD ticker | Best bid: 511.23, Best ask: 512.93, Bid-ask spread: 1.70000, Last trade: 512.92, 24 hour volume: 32932.41992736, 24 hour low: 494.02, 24 hour high: 548.0, 24 hour vwap: 517.82933908

16:43

[HAVELOCK] [AM100] 38 @ 0.00499191 = 0.1897 BTC [-] {2}

16:44

wow amazing

16:44

AMAZING COMPANY!

16:48

pankkake, http://www.lecontrarien.com/2014/04/16

16:49

"cest léducation nationale ou ce quil en reste tant cette institution marque léchec volontaire de notre société dans lensemble qui réfléchit doctement non pas à améliorer le niveau scolaire déplorable de nos enfants mais à changer le système de notation des dictées. Nous ne comptabiliserons plus désormais que les mots qui sont bien écrits"

16:49

dafuq

16:54

I don't understand what he really means

16:54

the whole website seems to advertise buying gold

16:56

I'm not sure but I read "Nous ne comptabiliserons plus désormais que les mots qui sont bien écrits" as you just have to write 10 or 20 words correctly to get the full mark

16:57

he may be biased but I think he's right about "Ce mouvement vers linculture nest pas français mais international" and the will to make people dumb generally

16:57

[HAVELOCK] [AM1] 2 @ 0.501 = 1.002 BTC [-] {2}

16:58

[HAVELOCK] [AM100] 67 @ 0.00490007 = 0.3283 BTC [-] {2}

16:58

[HAVELOCK] [AM1] 2 @ 0.50100001 = 1.002 BTC [+]

16:59

[HAVELOCK] [AM1] 2 @ 0.501 = 1.002 BTC [-]

17:05

[HAVELOCK] [B.SELL] 4 @ 0.05252 = 0.2101 BTC [-]

17:07

;;later tell bitcoinpete You may want to increase the left margin on your ul,ol under media="all". As it is currently, it prevents your footnote labels from showing more than a single digit.

17:07

The operation succeeded.

17:07

[HAVELOCK] [B.SELL] 5 @ 0.052502 = 0.2625 BTC [-] {3}

17:08

!voice peterl

17:08

!up peterl

17:08

Voicing peterl for 30 minutes.

17:08

thanks

17:09

;;gettrust assbot peterl

17:09

WARNING: Currently not authenticated. Trust relationship from user assbot to user peterl: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=peterl | WoT data: http://b-otc.com/vrd?nick=peterl | Rated since: never

17:09

https://docs.google.com/document/d/1y49gAOT06_uDM25rocO3SOEyTyLYkWnZ5UFDikDceqA/edit?usp=sharing

17:09

LIF retrospective - Google Docs

17:09

mircea_popescu: there you go

17:10

;;rate peterl 1 member of the cult of mpex

17:10

Rating entry successful. Your rating of 1 for user peterl has been recorded.

17:10

lol, the scientology of bitcoin, right?

17:11

yep

17:11

did git support signing of commits?

17:11

indeed, bounce it *does*

17:12

yes, it does now. can be very useful

17:12

but maybe consider signing tags instead

17:12

it breaks if you rewrite history though :(

17:12

for instance, check out https://github.com/pf/erc-gribble

17:13

then git tag -v beta_0

17:13

*

bounce was idly speculating on stuffing all law in a SCM, with public diffs. and signed commits by the head of state.

17:13

law, bounce ?

17:13

[HAVELOCK] [PETA] 25 @ 0.06437036 = 1.6093 BTC [-] {4}

17:13

law, benkay .

17:13

where we're going, we don't need laws

17:14

github doesn't even bother to inform you that there's a signature on the tag, but signed tags seem like a good place to put contracts

17:14

(it doesn't affect history either)

17:15

otherwise, I know it's planned to be used by gentoo - you need to sign every packaging commit given the sensible nature of it

17:15

github is for people who don't know how to use git anyway :p

17:15

Who ran LIF?

17:15

lol pankkake why because you can edit files and commit them from the website?

17:16

also, yes

17:16

bounce: what kinds of laws are you writing? and for whom are they?

17:16

LIF was run by me

17:16

*

phf ducks

17:16

who says I am writing laws?

17:17

https://twitter.com/TorEkelandPC/status/456520800892620800

17:17

Twitter / TorEkelandPC: yo, @rabite court just signed ...

17:17

bounce try it like i'm twelve

17:17

Weev is now unconditionally free

17:18

apparently there's a "TRO LLC IRC" somewhere

17:19

Really?

17:19

I imagine it isn't on freenode...

17:20

could try and dig through that timeline a bit

17:24

What did he get booked for? Read the article and they mostly talked about trial etc

17:24

[HAVELOCK] [PETA] 80 @ 0.06690777 = 5.3526 BTC [+] {8}

17:25

IIRC he'd sucked up a bunch of apple device IDs from at&t's leaky activation site

17:25

And then shorted the stock or sometning?

17:25

[HAVELOCK] [AM100] 140 @ 0.00499506 = 0.6993 BTC [+] {4}

17:26

no, more like told'em to fix it, and they responded with the fbi instead. something like that.

17:27

Ahhh I thought he said he was reaping some short term trades after publishing about these weaknesses

17:28

In the article it said EFF didn't want to get near the case until appeal was possible. I had higher expectations

17:29

Thought they might be a last bastion in th shitstorm which is the US legal sphere

17:30

It wasn't quite that.

17:31

TestingUnoDosTre: Use this opportunity to return with the narrative

17:34

This http://techcrunch.com/2014/04/15/weev-talks-about-life-in-prison-and-his-plans-to-open-a-hedge-fund-tro-llc/

17:35

From article" I am here to shift the market cap of publicly traded companies downward by publicizing problems in their technical infrastructure. Very few people manage to do this. In fact, besides the times I’ve done so, I can only think of a handful of other incidents."

17:35

TestingUnoDosTre: What about the charges related to ATT

17:36

He was freed from them, No?

17:36

TestingUnoDosTre: Also return with information on what happened to the guy who plead out

17:36

TestingUnoDosTre: Well, what was the exact story on what he was charged for doing

17:36

Isn't that was said article is about?

17:39

Namworld

Let me make up a quote for weev: "I am Troll, c?"

17:41

Ahhh I see. EFF did help out, after other lawyers did the footwork

17:43

TestingUnoDosTre: Well, what was the exact act Weev was charged for

17:45

Like the charge, or what did he do?

17:46

He submitted a bunch of false cc-ids in attempt to reverse engineer the ID to number conversion that att used

17:47

Charge was identify theft and conspiracy to commit yada yada yada computer fraud act

17:48

My battery is dead though. Gots to go

~ 1 hours 7 minutes ~

18:55

[MPEX] [S.MPOE] 2550 @ 0.00096841 = 2.4694 BTC [+]

19:06

;;later tell mircea_popescu ATC statement sent

19:06

The operation succeeded.

~ 21 minutes ~

19:27

[MPEX] [S.MPOE] 23100 @ 0.0009671 = 22.34 BTC [-] {2}

~ 15 minutes ~

19:43

;;ticker --market all

19:43

Bitstamp BTCUSD last: 532.93, vol: 30405.03419523 | BTC-E BTCUSD last: 530.0, vol: 26368.61606 | Bitfinex BTCUSD last: 535.48, vol: 29414.42731683 | CampBX BTCUSD last: 525.0, vol: 132.76821455 | BTCChina BTCUSD last: 530.150907, vol: 8937.38800000 | Kraken BTCUSD last: 523.52018, vol: 51.15564199 | Bitcoin-Central BTCUSD last: 530.6112, vol: 156.56210479 | Volume-weighted last average: (1 more message)

19:43

;;more

19:43

532.626348898

19:43

who dares complain!!11

19:45

Eh, someone who tried to bitbet late

19:46

http://log.bitcoin-assets.com/?date=16-04-2014#627678

19:46

#bitcoin-assets log

19:49

but why is it crashing?

19:52

mod6

what is?

19:52

Dollars!!!

19:52

the price, it is down from its high

19:53

!t m x.eur

19:53

[MPEX:X.EUR] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00313681 / 0.00313681 / 0.00313681 (786 shares, 2.47 BTC), 30D: 0.00213452 / 0.00257686 / 0.00313681 (2268 shares, 5.84 BTC)

19:55

!up SatoshiJack

19:55

Voicing SatoshiJack for 30 minutes.

19:56

SatoshiJack

thanks mp -- we are very close -- should open doors for atc in the next couple of days...

19:58

SatoshiJack: who is we?

19:58

[HAVELOCK] [ALC] 1 @ 0.14 BTC

19:58

[MPEX] [S.MPOE] 4917 @ 0.00096548 = 4.7473 BTC [-]

20:00

SatoshiJack

My team...the satoshiJack team :)

20:11

;;gettrust SatoshiJack

20:11

Currently authenticated from hostmask SatoshiJack!d05aad12@gateway/web/freenode/ip.208.90.173.18. Trust relationship from user benkay to user SatoshiJack: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=SatoshiJack | WoT data: http://b-otc.com/vrd?nick=SatoshiJack | Rated since: never

20:11

;;gettrust assbot SatoshiJack

20:11

Currently authenticated from hostmask SatoshiJack!d05aad12@gateway/web/freenode/ip.208.90.173.18. Trust relationship from user assbot to user SatoshiJack: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=SatoshiJack | WoT data: http://b-otc.com/vrd?nick=SatoshiJack | Rated since: never

20:17

is it considered better manners to set otc ratings in the channel or via pm with gribble?

20:17

hasn't gotten to the point of actually bothering yet.

20:18

i suspect people like to keep an eye on it

20:18

BingoBoingo looking good.

20:18

At least for a while bringing up the assbot - target path is probably productive to see if people wanting voice can already !up themselves

20:18

mircea_popescu: Thanks

20:18

peterl: we're all making it up as we go

20:19

the dynamics of upping is interesting to watch as well

20:23

so reading the log... is nubbins` like this chan's cialis or what.

20:23

;;later tell artifexd your nudge was just what i needed to finally get that done. thanks!

20:23

The operation succeeded.

20:24

nubbins` is a lot of things

20:24

[HAVELOCK] [AM1] 1 @ 0.52 BTC [+]

20:25

Duffer1: sorry man that all was before my time, not sure what all happened << mnw figured he'd be a smartass, bet everyone pirate will deliver (after default). 10k btc, which he obviously lost, which he then reneged on (pretending he's "delivering" by simply writing 10k BTC in a foirum post) and got banned.

20:25

then got unbanned

20:25

then got banned again

20:25

then piles of drama, it gets circular.

20:25

I remember that

20:25

[MPEX] [S.MPOE] 15249 @ 0.00095914 = 14.6259 BTC [-] {2}

20:26

congratulations, you're old enough :)

20:26

\o/

20:26

rithm: which is broken because you have no way to idetify the person you communicate with on that forum << stop slandering https etc.

20:27

that was pretty funny "This bet is serious business, if you place the bet and loose then don't pay, you will be marked as a scammer and banned"

20:27

"Oh shit I lost... NOPE IT WAS ALL A BIG JOKE HAHAHA"

20:27

myeah.

20:30

I remember he was writer at bitcoin magazine too, iirc he got fired over it

20:32

Bitcoin Magazine has its own lulzy history

20:33

;;rate artifexd 1 nudger

20:33

Rating entry successful. Your rating for user artifexd has changed from 1 to 1.

20:33

Azelphur nah, he was fired when the bitpay crew screwed the original owner out of his shares and put that romanian kid in

20:34

whatever his name is. who maybe left meanwhile or w/e

20:34

I see

20:34

or maybe he left in protest or maybe he was fired right before that ? shit's starting to get foggy

20:34

god alone knows

20:35

he's not a nice fellow, tldr.

20:36

i dunno he's not nice. he's definitely one of the guys that got raped in the ass by their failure to take bitcoin serious enough.

20:36

where enough is a value roughly in excess of hard infinity.

20:36

aleph three.

20:37

;;later tell TestingUnoDosTre eh what robbed, thing closed at like 11, you bet 11:20 or what

20:37

The operation succeeded.

20:39

The hazard of late BitBets, on price especially is when the thing hits verus where it sticks can be... messy, and the difference here is in the house's favor

20:40

i have no idea why people insist to try and use a knowledge advantage. fucking thing has about 700 bells and whistles pointing out you'll get hurt in all likeliness

20:40

yet people can't resist.

20:40

i guess it's all a testament to the SEC's historical success in controlling insider trading.

20:40

hear ye of little competence : i am and i have been doing a shitload better than you ever did, to the degree the differential is culture-shocking people.

20:41

one more reason to bet early

20:41

Preach it. I mean why do people keep getting this "free winning" idea when BET is in the name

20:42

[HAVELOCK] [CBTC] 3073 @ 0.00011911 = 0.366 BTC [+] {4}

20:42

i guess it's just irresistible and that's how it'll stay.

20:43

o look i missed the polish inflation discussion.

20:43

maybe next time.

20:44

The de/in-flation discussions always have a next time

20:45

http://theumlaut.com/2014/04/16/a-coup-not-an-exit/

20:45

the light begins to dawn...

20:46

"This view is charmingly naïve. "

20:46

assholes not in here daring to claim things are "charmingly naive". irony crits.

20:47

[MPEX] [S.MPOE] 13000 @ 0.00095719 = 12.4435 BTC [-]

20:47

perhaps they read logs?

20:47

perhaps they have someone reading logs?

20:47

still presumptuous.

20:47

peterl can you post that again in something that's not a hairball of js ? like a pastebin say. or a wp blog or something.

20:48

yeah, sure, give me a minute

20:48

php > js

20:49

benkay: eli doesn't get the scarcity angle. few casual observers do, particularly amid the mt gox this and that noise

20:49

benkay im trying to be user friendly shush you

20:49

i don't really get the mining arguments. but yes, containerization.

20:50

paucity of new coins, bitcoinpete ?

20:50

basically

20:51

"Bitcoin for now exists at the pleasure of governments" << this is just priceless

20:51

http://pastebin.com/euqGSEgn

20:51

LIF retrospective - Pastebin.com

20:51

there's some gems in there

20:51

is that better?

20:51

signed and everything

20:51

https://twitter.com/Mircea_Popescu/status/456595768221003777

20:51

Twitter / Mircea_Popescu: @rabite Let's talk. ...

20:51

if guy actually shows up someone up him.

20:51

cause sure, why not sign it?

20:52

bitcoinpete everyone wants to think that the earth sucked before he showed up to fix it.

20:53

mircea_popescu: and that times, they are a changing. so fast that history is useless

20:53

;;gettrust peterl

20:53

Currently authenticated from hostmask peterl!~peterl@108-204-237-26.lightspeed.sgnwmi.sbcglobal.net. Trust relationship from user benkay to user peterl: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=peterl | WoT data: http://b-otc.com/vrd?nick=peterl | Rated since: Wed Apr 16 17:10:12 2014

20:53

whoa stumbleupon still exists ?!

20:54

define "exist"

20:54

peterl: what is your otc identity?

20:54

that's a point. "anything other than a rip page"

20:54

peterl is my otc id

20:55

hm

20:56

mircea_popescu: lol that doesn't leave a lot, does it

20:56

http://fuckedcompany.com/ bitcoinpete

20:56

FuckedCompany.com - Official Lubricant Of The New Economy

20:57

[MPEX] [S.MPOE] 17400 @ 0.00095299 = 16.582 BTC [-]

20:57

that's a new one

20:57

lol. it's not new, young padawan. you are :D

20:58

lol i meant for me!

20:59

hehe. that was the techmeme before arlington was invented.

21:00

[HAVELOCK] [AM1] 18 @ 0.50072223 = 9.013 BTC [-] {7}

21:00

http://t.co/4DE6RoFKMj

21:01

the nobel comes to bitcoin

21:01

"Best ATM Design" ?

21:01

what's this troop smoking lmao

21:01

"Most Impactful Charity"

21:01

anyone wants to bet the bitpay sister gets that ? what was her name

21:02

mp, you'd better win best journalist

21:02

Each of the winners will receive 1 BTC

21:02

aghagaga o spare me sally.

21:02

and influential investor lol

21:02

I think MP takes most influential investor

21:02

i should probably make a pie throwing contest, give 10 btc to the best thrown pie to the face of these losers.

21:03

and legal expert, and bitcoin champion, and on an on

21:03

that;s about their total pool.

21:03

except it was funny/sad how few people at the bitcoin expo in toronto who'd even heard of you or mpex

21:04

there should be EmPee Awards

21:04

they have a list of people they already picked to honor (themselves), and they had to come up with a category for everybody?

21:04

how many people at bitcoin toronto heard of niederauer ?

21:04

fair enough

21:06

lol why am i looking at some japanese chick with her panties on

21:07

https://twitter.com/rogerkver/status/447344144315211776

21:07

Twitter / rogerkver: Tokyo has the best Bitcoin ...

21:07

srsly, i am not impresst.

21:08

EmPee Award categories: best haircut, funniest log line, herpiest derp, best troll…

21:08

ya, she looks like an amputee

21:10

http://www.seriouss.net/#!Support-the-BitGive-Foundation/c20df/0281C51F-4999-40B1-8653-13F099D34964

21:10

Serious Stuff

21:10

donating bitcoin to charity will "not only will it help a worthy charitable cause, it will also contribute to the future success of Bitcoin:" <<obviously lol

21:11

this is a stupid idea, because in general charity is powered by tax deductions.

21:11

this makes donations the absolute last thing bitcoin will do.

21:12

but try and talk it to the fucktards who have some shit impacted in their head which they misrepresent as an idea, and then try to use everything they encounter on the road as shit-amplifyer, instead of using it as a shit removing device.

21:13

!b 3

21:13

Last 3 lines bashed and pending review. (http://dpaste.com/1782548/plain/)

21:13

everything is used to amplify brain damage here

21:13

it's socially encouraged

21:14

well, according to IRS rules, couldn't you claim a bitcoin donation as charitable donation for tax purposes?

21:14

peterl try and do so.

21:14

since bitcoins are assets like cars and shit?

21:14

you can claim anything you want, including that you have 84 minor children.

21:14

then you get audited.

21:14

then you get to argue it in court.

21:14

then you win.

21:14

or die, whichever comes first.

21:15

people with actual tax accountants who get actual advice (ie, the people in a position to make meaningful donations) don't do stupid shit because that;'s what happened to be in front of their eyes that hour.

21:15

as long as the charity gave you a receipt, I don't see why there would be any hassle?

21:15

because the business of the irs is to hassle the margin.

21:16

that's what a taxman does, in all tiumes and places. it's the fundamental conservative mechanism of a society.

21:18

!up thecluck

21:18

Voicing thecluck for 30 minutes.

21:21

lampelinaa how's it going ?

21:21

.d

21:21

6.120 billion | Next Diff in 121 blocks | Estimated Change: 13.3566% in 0d 17h 8m 44s

21:21

!up bettycla1p

21:21

Voicing bettycla1p for 30 minutes.

21:21

!up wutwhutw1t

21:21

Voicing wutwhutw1t for 30 minutes.

21:34

.d

21:34

6.120 billion | Next Diff in 120 blocks | Estimated Change: 13.2178% in 0d 17h 17m 59s

21:43

;ticker

21:43

;;ticker

21:43

Bitstamp BTCUSD ticker | Best bid: 522.3, Best ask: 525.0, Bid-ask spread: 2.70000, Last trade: 522.28, 24 hour volume: 30337.42561740, 24 hour low: 494.02, 24 hour high: 548.0, 24 hour vwap: 520.388624434

21:48

mircea_popescu - about this bet http://bitbet.us/bet/800/bitcoin-price-above-525-before-may/ it was the other way around. I had bet at + received 1 confirmation (and bet posted to bitbet) at 23:20. The bitstamp price crossed over at 23:29

21:49

TestingUnoDosTre looks like 23:00 on that graph

21:51

Let me check the difference between bitcoincharts time and GMT

21:53

I had about 10 minutes before the crossover, I was watching it at the bar

21:55

Here's what I have on bitcoincharts, loaded 1 minute data 2014-04-15 23:29:00524.51527521.54527163.886233.43526.46

21:55

at 23:29, open was 524.51, close was 527

21:55

here

21:56

here's my tx https://blockchain.info/address/17GnrasopAN9TKFSH88v7f3qEHbY4vkDJ3

21:56

posted to bitbet 6 minutes later

21:57

this is the page I loaded data from (apologize but it has like 2 days worth of 1 minute data) http://bitcoincharts.com/charts/bitstampUSD#rg1zig1-minzczsg2014-04-16zeg2014-04-17ztgSzm1g10zm2g25zv

21:59

i think you're arguing the wrong tack here.

21:59

nobody is going to go into the level of detail you need for your case.

21:59

bitbet is not a good venue to be doing this sorts of "oh but i bet x seconds before it ticked".

22:00

bet a day early and get refunded, then you got something.

22:01

!up blackwhite

22:01

Voicing blackwhite for 30 minutes.

22:02

I'll back down if I must. I agree with the gist of what you're saying, but I played by the rules and it's somewhat easy to verify that I was in "on time"

22:04

There's no reason the price couldn't have swung in the opposite direction

22:04

TestingUnoDosTre well, the life of a late bettor is hard. if you get in, you get in. however, if you don't you don't, and it's the mod that makes the call.

22:05

I feel like I most definitely did get in though. But enough of this dicussion

22:05

blackwhite

hola peeps

22:06

heya

22:06

TestingUnoDosTre: Remember that BitBet has worse fates than a refund for the late.

22:07

I do understand, and that's the risk I was taking. I did bet before the event occured though...

22:08

!up elgrecoFL

22:08

Voicing elgrecoFL for 30 minutes.

22:13

!up BCB

22:13

Voicing BCB for 30 minutes.

22:14

thx

22:14

anyone interested in a 25 BTC Casascius Coin

22:16

$depth mpoe

22:16

thestringpuller: S.MPOE Bids: ['20800 @ 0.00095321', '41904 @ 0.00095299', '6100 @ 0.00095168', '1000 @ 0.00095001', '1000 @ 0.00094501']

22:16

thestringpuller: Asks: ['12200 @ 0.00095568', '15960 @ 0.00095719', '3800 @ 0.00095861', '5400 @ 0.0009597', '9188 @ 0.0009601']

22:17

;;rate BCB 1 Been around Bitcoin forever, investigates scamzors

22:17

Rating entry successful. Your rating of 1 for user BCB has been recorded.

22:17

BingoBoingo, thanks

22:17

;;rated BingoBoingo

22:17

You have not yet rated user BingoBoingo

22:17

http://trilema.com/2014/the-problem-of-the-past/

22:17

The problem of the past pe Trilema - Un blog de Mircea Popescu.

22:17

peterl ^

22:18

and everyone with a legal inclination, if you have a moment, pls to read.

22:18

BingoBoingo, still waiting for pirateat40 to go to jail!

22:18

BCB: I've seen you around forever now, but I don't think we've had occasion to interact.

22:18

BCB: I imagine he will find worse than jail

22:19

BingoBoingo, I think he already has. WIfe left him, all his assets have been seized, He's back living in his mother's house

22:19

and he's being sued by the SEC

22:19

Life doesn't get much worse then that

22:20

BCB: There are far worse things than that. He is going to see the future he could have been a part of, but was exiled from in its infancy

22:20

Killing him would have been kinder than that

22:20

wow that's some high drama aproach right there.

22:21

tho tbh, i think the kid's exactly smart enough for that to smart.

22:21

BCB: prison rape is in the future

22:22

this obsession with prison rape srsly. it;s like 30 cases per 100k inmates

22:22

joecool: Sphincters heal, serious regret is forever

22:22

joecool, if he goes to prison it will be some low sec location. Not much prison rape there. Lots of checkers and shuffleboard

22:22

in the us. in canada it's like 3x that.

22:22

BingoBoingo, I don't think he ever saw a future in bitcoin. He just saw it as a way to make a quick buck. He was too smart for his own good.

22:23

mircea_popescu: reported cases? canadians are probably just more shameless

22:23

BCB: It doesn't matter if he saw it then. He is doomed to see it the rest of his life.

22:23

mircea_popescu: looks like you tear apart my story just as intended. thanks.

22:23

And there is no such thing as "too smart for their own good"

22:23

joecool i dunno why someone would fail to report rape in prison.

22:23

it's a distraction.

22:24

[MPEX] [S.MPOE] 5300 @ 0.00095321 = 5.052 BTC [+]

22:27

;;later tell peterl your signature is pretty shitty.

22:27

The operation succeeded.

22:27

!up roamfree

22:27

Voicing roamfree for 30 minutes.

22:28

BingoBoingo well there is such a thing as thinking they're too smart for their own good

22:29

;;gettrust assbot cazalla

22:29

Currently authenticated from hostmask cazalla!cazalla@2400:8900::f03c:91ff:fedb:949f. Trust relationship from user assbot to user cazalla: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=cazalla | WoT data: http://b-otc.com/vrd?nick=cazalla | Rated since: Tue Apr 15 22:17:43 2014

22:29

;;rate cazalla 1 New blood.

22:29

Rating entry successful. Your rating of 1 for user cazalla has been recorded.

22:29

mircea_popescu: Sure, but such a thing is just a hypertrophic form of Dunning-Kreuger

22:29

aye

22:31

Not merely thinking one is adequate for such a thing, but thinking one was too good at such a thing to have gotten away with it.

22:34

!ping

22:34

;;ratingsystem viewrating assbot

22:34

Error: The "RatingSystem" plugin is loaded, but there is no command named "viewrating" in it. Try "list RatingSystem" to see the commands in the "RatingSystem" plugin.

22:34

;;ratingsystem getrating assbot

22:34

WARNING: Currently not authenticated. User assbot, rated since Fri Apr 11 02:04:55 2014. Cumulative rating 26, from 9 total ratings. Received ratings: 9 positive, 0 negative. Sent ratings: 29 positive, 0 negative. Details: http://b-otc.com/vrd?nick=assbot

22:38

<+mircea_popescu> !up elgrecoFL

22:38

<@assbot> Voicing elgrecoFL for 30 minutes.

22:39

lol timing is everything

22:39

!up elgrecoFL

22:39

Voicing elgrecoFL for 30 minutes.

22:39

heh. what was that about? :)

22:39

great bot name, btw

22:40

well you got voice.

22:41

thx. did i not have voice?

22:41

nope.

22:42

;;gettrust assbot elgrecoFL

22:42

WARNING: Currently not authenticated. Trust relationship from user assbot to user elgrecoFL: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=elgrecoFL | WoT data: http://b-otc.com/vrd?nick=elgrecoFL | Rated since: never

22:42

well... i'm speechless :p

22:42

Were speechless

22:42

that assbot is amazing

22:42

AMAZING COMPANY!

22:44

the amazing times and feats of assbot, the amazing ass bot.

22:44

AMAZING COMPANY!

22:44

heh

22:44

lets see if ozbot speaks in this channel

22:44

stupid bot

22:44

Gamisou re malaka!

22:44

wewt

22:45

haha wut

22:45

stupid bot

22:45

Gamisou re malaka!

22:45

til.

22:45

he speaks greek

22:45

well, curses in greek

22:45

!up BCB

22:45

Voicing BCB for 30 minutes.

22:45

who was running ozbot ? scrat ?

22:45

BCB: You should be able to self voice nao

22:45

BingoBoingo, I'm cool authed now. Thx

22:45

;;voiceme

22:46

mircea_popescu: jezzz

22:46

ah

22:46

unlike gribble

22:46

well, he wrote it anyway

22:46

;;rated gribble

22:46

You rated user gribble on Sun Mar 2 22:05:31 2014, with a rating of -10, and supplied these additional notes: knows damn right who I am.

22:46

BCB: The method here is PM'ing assbot !up

22:46

ahh ok. thx

22:46

;;whoami

22:46

I don't recognize you.

22:46

-_-

22:46

;;whoami

22:46

I don't recognize you.

22:46

fucker

22:46

;;whosurmom

22:46

Error: "whosurmom" is not a valid command.

22:46

!up

22:46

Need a nickname, BCB.

22:46

!up Periscope

22:46

Voicing Periscope for 30 minutes.

22:47

whoami

22:47

;;whoami

22:47

I don't recognize you.

22:47

Plain !up works in PM, !up nick works in channel

22:48

[MPEX] [S.MPOE] 4300 @ 0.00095321 = 4.0988 BTC [+]

22:50

one can also /msg assbot !up

22:50

dat one-liner

22:50

;;later tell PeterL what key did you sign that pastebin with anyway ?!

22:50

The operation succeeded.

22:52

lolol

22:55

later all!

22:57

[MPEX] [S.MPOE] 6500 @ 0.00095321 = 6.1959 BTC [+]

22:59

thestringpuller: ping

23:02

p

23:02

ya

23:09

!up elgrecoFL

23:09

Voicing elgrecoFL for 30 minutes.

23:09

elgrecoFL: What sort of stuff do you do?

23:10

I excel in channel idling. This may be my first time ever speaking here in over a year.

23:13

Cool

23:14

:). just a bitocin enthusiast

23:14

Ah

23:14

don't really "do" much.

23:14

It happens

23:14

yep. small time mining since 2011

23:15

wish i got to do not much ;)

23:15

benkay: For some people doing a lot is showering once in a week. For other people not doing much is working 18 hour days.

23:16

heh. i'm closer to 10 hour days.

23:17

BingoBoingo: I suppose.

23:18

BingoBoingo: i do sometimes long for the days of the 40-hour work week.

23:18

BCB: !up yourself just to make sure things work

23:19

benkay: Sometimes I long for the days when the smell of cunt juice on the fingers was a new smell

23:20

haha sounds like you need to go find some new cunts to sniff

23:21

that did it

23:21

thax

23:21

BCB: Ur welcome

23:21

benkay: Maybe.

23:21

;;gettrust assbot BCB

23:21

Currently authenticated from hostmask BCB!~BCB@ec2-54-204-38-85.compute-1.amazonaws.com. Trust relationship from user assbot to user BCB: Level 1: 0, Level 2: 5 via 5 connections. Graph: http://b-otc.com/stg?source=assbot&dest=BCB | WoT data: http://b-otc.com/vrd?nick=BCB | Rated since: Thu Sep 20 19:03:51 2012

23:25

[HAVELOCK] [AM100] 44 @ 0.0049998 = 0.22 BTC [-]

23:28

benkay: Has your Dukeness given much thought as to the requirements you suppose on those who would be your Ridders?

23:29

benkay: And your Jonkheers?

23:31

much thought

23:31

few conclusions

23:31

Similar situation here.

23:31

one interesting thing is this numeric count req'd to get into assbot's wot

23:32

say you rate someone +1

23:32

and I rate them -1

23:32

i imagine they'd not be able to !up any more.

23:32

;;gettrust assbot benkay

23:32

Currently authenticated from hostmask benkay!~user@71-214-87-217.ptld.qwest.net. Trust relationship from user assbot to user benkay: Level 1: 1, Level 2: 9 via 9 connections. Graph: http://b-otc.com/stg?source=assbot&dest=benkay | WoT data: http://b-otc.com/vrd?nick=benkay | Rated since: Sun Mar 10 13:57:45 2013

23:32

;;gettrust assbot BingoBoingo

23:32

Currently authenticated from hostmask BingoBoingo!~BingoBoin@unaffiliated/bingoboingo. Trust relationship from user assbot to user BingoBoingo: Level 1: 1, Level 2: 8 via 8 connections. Graph: http://b-otc.com/stg?source=assbot&dest=BingoBoingo | WoT data: http://b-otc.com/vrd?nick=BingoBoingo | Rated since: Wed Mar 20 03:45:45 2013

23:33

baseline requirements: must be able to sign things with wot key or decrypt things sent to wot key

23:33

;)

23:34

Well that is the minimum or even below it to get self upping

23:34

there's a bit of inflation at the bottom end. i'm willing to +1 for #bitcoin-assets voice, and +2 people I know to be people and not terrifically scummy.

23:35

but the question of who receives that +1 is open.

23:36

bare minimum for a 3 is that i've done biz witcha.

23:36

Seems reasonable

23:38

;;seen herbijudlestoids

23:38

herbijudlestoids was last seen in #bitcoin-assets 1 week, 2 days, 15 hours, 5 minutes, and 53 seconds ago: <herbijudlestoids> BingoBoingo: if someone wanted to offer hosting services, do you think most people are after a VPS with SSH access? or just a VPS with a panel?

23:38

Oh, that

23:39

herbi can up himself

23:39

can he?

23:39

he's in your WoT.

23:39

;;gettrust assbot herbijudlestoids

23:39

WARNING: Currently not authenticated. Trust relationship from user assbot to user herbijudlestoids: Level 1: 0, Level 2: 2 via 2 connections. Graph: http://b-otc.com/stg?source=assbot&dest=herbijudlestoids | WoT data: http://b-otc.com/vrd?nick=herbijudlestoids | Rated since: Fri Feb 14 01:33:49 2014

23:39

wot

23:39

u wot m8?

23:39

;;gettrust assbot joecool

23:39

Currently authenticated from hostmask joecool!~joecool@no-sources/joecool. Trust relationship from user assbot to user joecool: Level 1: 1, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=joecool | WoT data: http://b-otc.com/vrd?nick=joecool | Rated since: Thu Apr 28 14:23:15 2011

23:40

!rated artifexd

23:40

;;rated artifexd

23:40

You have not yet rated user artifexd

23:42