#trilema | 2014-04-25

Narrative: Innexplicable offense, still moar inexplicable offense, dissapointement by regression to the mean.

00:07

[MPEX] [S.MPOE] 13800 @ 0.00094742 = 13.0744 BTC [+] {3}

00:07

benkay: Am I representing 'Murican infatuation with baseball fairly?

00:08

[HAVELOCK] [B.MINE] 10 @ 0.03201 = 0.3201 BTC [-]

00:11

Poor assbot, the BTC-TC collapse has kept it so quiet

00:12

;;ticker

00:12

Bitstamp BTCUSD ticker | Best bid: 469.95, Best ask: 469.96, Bid-ask spread: 0.01000, Last trade: 469.96, 24 hour volume: 13964.55874092, 24 hour low: 469.96, 24 hour high: 505.0, 24 hour vwap: 487.558581229

00:12

[HAVELOCK] [PETA] 5 @ 0.0703 = 0.3515 BTC [+]

00:12

the sky, it's at my feet!

00:13

BingoBoingo: couldn't say i'm a rebel cascadian hiding in the hills

00:14

BingoBoingo: were we to lay out diamonds we'd get insta-zapped by drones

00:14

[HAVELOCK] [PETA] 2 @ 0.0704 = 0.1408 BTC [+]

00:16

so uh amazon

00:17

benkay: Well befor I realized my mammal vexation was an actual mouse what remedies did I Spz?

00:17

oh wizards of high finance and running companies - what the fuck is up with amazon?

00:17

pardon, BingoBoingo ?

00:17

benkay: Amazon burns all the capital, because growth.

00:17

it can't be that simple

00:17

benkay: May be a couple logs ago

00:18

BingoBoingo: moisin, do i recall?

00:18

benkay: Mosin was one option, some sks variant was another with the particular variant left in the air, so long as it wasn't chinese

00:19

rifles vs drones?

00:19

Nah, vs. "mice"

00:20

Shoe took care of "mice" which was an actual mouse

00:20

[HAVELOCK] [RENT] 19 @ 0.0075 = 0.1425 BTC [+]

00:20

Bitch to scrape off of the floor, but... learning

00:21

BingoBoingo: is amazon burning the capital? the party line is that they're reinvesting it.

00:22

i haven't looked at the actual books but i'm imagining that each spend on one side is balanced by an acquisition on the other. maybe just of engineering time, but w/e.

00:22

[HAVELOCK] [PETA] 4 @ 0.0715 = 0.286 BTC [+]

00:24

benkay: As best as I can tell with Amazon is that they have done nothing other than reinvest in their history. Like the Poker Player who doubled down 21 times in row and won.

00:33

[HAVELOCK] [B.MINE] 10 @ 0.0321 = 0.321 BTC [+]

00:37

[HAVELOCK] [AM1] 24 @ 0.50897936 = 12.2155 BTC [-] {8}

00:39

[MPEX] [S.MPOE] 24100 @ 0.0009493 = 22.8781 BTC [+] {3}

00:41

[HAVELOCK] [PETA] 5 @ 0.0715 = 0.3575 BTC [+]

00:44

[HAVELOCK] [PETA] 28 @ 0.071999 = 2.016 BTC [+]

00:46

http://io9.com/wwii-propaganda-billboards-from-the-united-states-secre-1567145725

00:46

WWII Propaganda Billboards From The United States' Secret Atomic City

00:47

[HAVELOCK] [PETA] 3 @ 0.071999 = 0.216 BTC [+]

00:48

Mysteries I want in a blog post, Benkay, why did you ever stop trolling me after my return to -assets

00:49

[HAVELOCK] [PETA] 2 @ 0.071999 = 0.144 BTC [+]

00:50

[HAVELOCK] [RENT] 22 @ 0.0075 = 0.165 BTC [+]

00:54

[MPEX] [S.MPOE] 1000 @ 0.00095061 = 0.9506 BTC [+]

00:55

[MPEX] [S.MPOE] 13700 @ 0.00094761 = 12.9823 BTC [-] {2}

01:06

;;rate decimation 1 a fellow, i reckon.

01:06

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

01:06

BingoBoingo: what, you want me to perpetuate the mystery in a blog post or three? ;)

01:06

;;seen blackwhite

01:06

blackwhite was last seen in #bitcoin-assets 1 week, 1 day, 3 hours, and 55 seconds ago: <blackwhite> hola peeps

01:09

Why thank you sir

01:09

BingoBoingo: a few reasons.

01:09

;;rate decimation 1 gave me a hand

01:09

Error: You cannot rate yourself.

01:09

;;rate benkay 1 gave me a hand

01:09

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

01:09

I missed ;)

01:10

misfire!

01:10

[HAVELOCK] [AM1] 1 @ 0.500001 BTC [-]

01:10

[HAVELOCK] [AM100] 107 @ 0.00464986 = 0.4975 BTC [-] {3}

01:10

a) i don't actually troll.

01:10

b)

01:10

b) you've got stuff 'twixt your ears that'll spill more easily if we're on good terms than ill.

01:11

c) make friends not enemies?

01:11

that's the short of it, BingoBoingo

01:12

[HAVELOCK] [AM1] 3 @ 0.500001 = 1.5 BTC [-]

01:13

[HAVELOCK] [AM1] 1 @ 0.5000001 BTC [-]

01:13

[HAVELOCK] [AM100] 28 @ 0.00468173 = 0.1311 BTC [+] {3}

01:15

http://www.profitconfidential.com/real-estate-market/dead-cat-bounce-housing-market/

01:15

Dead-Cat Bounce Over for the Housing Market?

01:15

In the first quarter of 2014, mortgage originations at Citigroup Inc. (NYSE/C) declined 71% from the same period a year ago. The bank issued $5.2 billion in mortgages in the first quarter of 2014, compared to $8.3 billion in the previous quarter and $18.0 billion in the first quarter of 2013. (Source: Citigroup Inc. web site, last accessed April 14, 2014.)

01:16

but the "recovery" is great guys, just some snow, no problems here

01:16

[MPEX] [S.MPOE] 3900 @ 0.0009488 = 3.7003 BTC [+]

01:18

nice to have you back, decimation :)

01:19

i think it's time to go all cash, neh?

01:19

or at least balance hard in that direction.

01:19

re: amazon, I've heard it's a tough life working there. Look at the glassdoor reviews: they cheapskate on everything. Yeah, the salary is okay, but you better enjoy being on call

01:20

Well, of course cash sucks because no return, and inflation is biting at your heels

01:20

[MPEX] [S.MPOE] 16060 @ 0.00095071 = 15.2684 BTC [+] {3}

01:20

I suspect a large crash would signal another leg up for bitcoin though

01:23

[HAVELOCK] [AM100] 64 @ 0.0047091 = 0.3014 BTC [+] {2}

01:24

[MPEX] [S.MPOE] 14550 @ 0.00094757 = 13.7871 BTC [-] {3}

01:35

kinda hoping to get the tax situation dialed before btc legs up

01:36

yeah you have to lock in those losses

01:36

asciilifeform: thanks for those naggum links.

01:36

decimation: ugh don't talk like that

01:40

decimation: if i burn all my bridges here, i'm moving up to seattle and working in the server mines for a year to reestablish my capital base.

01:42

heh well that's a plan I guess. It's honest work at least, keeping the internet goblins at bay

01:43

honest work

01:43

shipping finely spun plastic widgets that should never have been made to the herds who should never have been granted credit in the first place

01:44

honestly?

01:44

in one way or another i've been standing by and squirting grease on the thing since i was a bairn.

01:46

well, people "need" "their" "stuff"

01:46

i gotta decouple, man.

01:46

get out of this shithole somehow or make it tolerable until the us comes crashing down about my ears.

01:49

http://time.com/2742/nearly-half-of-america-lives-paycheck-to-paycheck/

01:49

Nearly Half of America Lives Paycheck-to-Paycheck - TIME

01:50

The CFED calls these folks ?liquid asset poor,? and its report finds that 44% of Americans are living with less than $5,887 in savings for a family of four. The plight of these folks is compounded by the fact that the recession ravaged many Americans? credit scores to the point that now 56% percent of us have subprime credit.

01:51

It's hard to see how amazon is going to keep exponential growth selling crap to indebted peasants

01:52

[HAVELOCK] [AM1] 1 @ 0.49001 BTC [-]

01:52

[HAVELOCK] [AM100] 50 @ 0.00434629 = 0.2173 BTC [-] {3}

01:52

amazon is not the only one with this business model

01:52

and far from it

01:53

[MPEX] [S.MPOE] 19800 @ 0.0009513 = 18.8357 BTC [+] {2}

01:56

presuming that only %46 of Americans can qualify for a mortgage, it seems likely that a subset of that %46 will end up owning %100 of the homes

02:00

;;later tell mircea_popescu how does the idea of the Punishment Gazette interact with the common law idea of corporate personhood? When you are wronged by an idiot employee, is it he who takes the hit on the WoT or his employer?

02:00

The operation succeeded.

02:00

decimation depends on the reaction of the corporation. if they fire him, him. if they don't, both.

02:01

This reaction being fully played for everyone in the WoT to judge, of course

02:03

well yes.

02:03

for instance recently : gigaom's atrociously mendacious coverage of bitcoin has put him on my blacklist.

02:03

he's a sort of max keiser, as far as i'm concerned.

02:04

one can see a business opportunity: summarize the gazette in a trustworthy manner, like a monk-scribe and not like a "journalist"

02:04

sure. it's one of the principal tasks mpoe-pr had

02:10

;;rate hanbot 1 freely published timely advice which triggered my exit from btct.co

02:10

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

02:11

;;rate mircea_popescu 1 publishes mentally stimulating content

02:11

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

02:12

and with that g'night

02:15

asciilifeform http://trilema.com/2014/the-scum/ here, that is what you made me do.

02:15

ten thousand fucking words.

02:19

wywialm

good morning everyone

02:20

[MPEX] [S.MPOE] 11520 @ 0.00095192 = 10.9661 BTC [+] {2}

02:20

morning

02:23

[HAVELOCK] [SF1] 400 @ 0.00084218 = 0.3369 BTC [+] {3}

02:24

[HAVELOCK] [AM1] 2 @ 0.49001 = 0.98 BTC [-]

02:25

[MPEX] [S.MPOE] 4300 @ 0.0009527 = 4.0966 BTC [+]

02:28

Apocalyptic: morning

02:28

wywialm: morning

02:32

[HAVELOCK] [AM1] 3 @ 0.4900067 = 1.47 BTC [-] {2}

02:36

that Dunne Capital UK exchange-slash-casino thread got pretty hilarious (https://bitcointa.lk/threads/xcp-ipo-announcement-dunnecapital-ltd-uk-bitcoin-exchange-and-a-casino.304299/page-2)

02:37

I loved the comment by theMiracle - "Protip 4 U 2: Take it slow. Start off by snagging a few extra newspapers from a vending machine when u pay for one. Practice stealing rolls of toilet paper from public restrooms. Get the hang of the basics -- then you can come back to looting bitcoiners."

02:37

[HAVELOCK] [AM100] 100 @ 0.00445 = 0.445 BTC [+]

02:41

[HAVELOCK] [B.MINE] 4 @ 0.032 = 0.128 BTC [-]

02:41

[HAVELOCK] [B.SELL] 3 @ 0.0425 = 0.1275 BTC [+]

02:46

[MPEX] [S.MPOE] 10032 @ 0.0009461 = 9.4913 BTC [-] {2}

02:46

[HAVELOCK] [PETA] 100 @ 0.07000302 = 7.0003 BTC [-] {4}

02:53

[HAVELOCK] [B.MINE] 5 @ 0.0322 = 0.161 BTC [+]

~ 38 minutes ~

03:31

[HAVELOCK] [SF1] 1194 @ 0.00084601 = 1.0101 BTC [+] {6}

03:32

[HAVELOCK] [SF1] 300 @ 0.00085 = 0.255 BTC [+]

03:38

[HAVELOCK] [PETA] 3 @ 0.07197666 = 0.2159 BTC [+] {2}

03:39

[HAVELOCK] [PETA] 11 @ 0.0719989 = 0.792 BTC [+] {2}

03:42

;;ident

03:42

Nick 'Naphex', with hostmask 'Naphex!~naphex@btcxchange.ro', is identified as user 'Naphex', with GPG key id 64CDBADCE1E0BBAF, key fingerprint F3D76A985F5844814A93F46364CDBADCE1E0BBAF, and bitcoin address 12mVDqdWqFY6zrCqNqgHbxhDPB4ZVUuaTu

~ 17 minutes ~

04:00

[MPEX] [S.MPOE] 8350 @ 0.00094795 = 7.9154 BTC [+] {2}

04:11

[MPEX] [S.MPOE] 1450 @ 0.00094556 = 1.3711 BTC [-]

04:14

morn

04:15

Naphex: morning

04:20

wywialm

good morning, Naphex

04:21

[MPEX] [S.MPOE] 6700 @ 0.00094555 = 6.3352 BTC [-] {2}

04:24

morning to all, need more coffee:D

04:25

also

04:25

but our power is out

04:25

so guess that'll have to wait

04:32

[MPEX] [S.MPOE] 12800 @ 0.0009486 = 12.1421 BTC [+] {2}

04:33

between the MrWDunne guy and DrGregMulhauser I'm seriously considering becoming SirFluffyPonyPhd on bitcointalk

04:33

feeling so left out without a title amongst all the Mr's and Dr's

04:36

good morning

04:37

fluffypony, I recommend a portable Honda generator like the EU20i

04:38

it's more than enough to run 2 PCs or fridge/freezer/kettle

04:40

seems to be back on now

04:40

I looked at that little honda a while ago, I should actually just get it

04:41

it's a bit pricy but the low weight is a plus

04:43

CCN editor scooped me on the China Ban #4 story

04:44

[MPEX] [S.MPOE] 3250 @ 0.00094908 = 3.0845 BTC [+]

04:55

davout: bon matinée!

04:56

fluffypony: ca roule?

04:56

s/ca/ça/

04:58

[MPEX] [S.MPOE] 18800 @ 0.0009474 = 17.8111 BTC [-] {2}

04:59

davout: ça marche!

05:00

fluffypony: nah, that's "it works"

05:01

you can just say "ça va", or "ça roule"

05:01

oh that's not what I was trying to say

05:01

French idioms elude me

05:01

French in general does

05:01

I'ma stick to Afrikaans and Zulu

05:01

fluffypony: ja, dat werkt ook

05:01

heh heh

05:05

LOL - https://bitcointalk.org/index.php?topic=579138.0

05:06

"you can some and say Hi."

05:07

heh that gif says it all

05:07

my favourite is the logo in the last post

05:14

[MPEX] [S.MPOE] 10750 @ 0.00094967 = 10.209 BTC [+] {2}

05:26

[MPEX] [S.MPOE] 9287 @ 0.00095254 = 8.8462 BTC [+] {2}

05:29

[MPEX] [S.MPOE] 11150 @ 0.0009527 = 10.6226 BTC [+]

05:31

[MPEX] [S.MPOE] 6382 @ 0.00094554 = 6.0344 BTC [-]

05:33

[HAVELOCK] [PETA] 2 @ 0.0711 = 0.1422 BTC [-]

05:37

[HAVELOCK] [PETA] 4 @ 0.071999 = 0.288 BTC [+]

~ 19 minutes ~

05:57

!up MrWDunne

05:57

Voicing MrWDunne for 30 minutes.

05:57

Thank you DrFluffyPonyPhd

05:57

*

DrFluffyPonyPhd tips his fedora

05:57

of course, my good fellow

05:57

how goes the shower-cap-wearing Satan worshipper colleague of yours?

05:57

It is you!

05:58

nope

05:58

I just know how to read

05:58

I would imagine he is sleeping, he was being drilled with questions until about 5AM his time. Ah okay, should have guessed that one

05:58

I know some other people who were being drilled until about 5am, just not with questions

05:59

OPs mum?

05:59

now now, we aren't THAT base here

05:59

I presume I should never go full base

06:01

;;ident

06:01

Nick 'fluffypony', with hostmask 'fluffypony!~fluffypon@geartri.be', is identified as user 'fluffypony', with GPG key id 7455C5E3C0CDCEB9, key fingerprint BDA6BD7042B721C467A9759D7455C5E3C0CDCEB9, and bitcoin address 1FAvFCgXBmJ4uV3p1NFzWkkyndH7FJ6Vzx

06:01

Anyhow, I thought this would be an appropriate place to announce the IPO

06:01

https://bitcointalk.org/index.php?topic=583262.0 has the relevant information, essentially I am currently working on a UK bitcoin exchange

06:01

[XCP] IPO announcement. DunneCapital LTD - UK bitcoin exchange and a casino

06:02

Thank you ozbot

06:02

FluffyPony I have sent you a tip for giving me a voice

06:02

Bitstamp is already in the UK?

06:02

oh tks

06:03

this place is becoming a real Dragon's Den, I'm thinking of writing something to that effect

06:03

http://en.wikipedia.org/wiki/Bitstamp

06:03

Bitstamp - Wikipedia, the free encyclopedia

06:03

"The company initially operated in Slovenia, but moved its operations to the UK in April 2013"

06:03

Bitstamp isn't really in the UK. Its mainland Europe and as such very expensive for those in the UK

06:04

Its banking is in mainland Europe, we have a UK bank

06:04

That is the primary difference

06:05

[MPEX] [S.MPOE] 12350 @ 0.00094536 = 11.6752 BTC [-] {3}

06:06

https://coinfloor.co.uk

06:06

like them?

06:06

We have of course already secured the bank account

06:06

No

06:06

They have a polish bank account

06:06

*Polish

06:06

Its just denominated in GBP

06:07

[HAVELOCK] [AM1] 1 @ 0.492 BTC [+]

06:07

In the UK we have "Faster Payments" which are free and instant bank transfers. CoinFloor take international wires which cost between £15 and £25 and take up to 5 days

06:08

http://en.wikipedia.org/wiki/Faster_Payments_Service

06:08

well SEPA to Kraken is same day, SEPA to BitStamp is a day at most

06:08

Faster Payments Service - Wikipedia, the free encyclopedia

06:08

can't speak to CoinFloor

06:08

but sure, cost savings are great

06:09

except that if Kraken, Bitstamp, and CoinFloor all chose to have bank accounts outside of the UK (presumably not for lack of trying) how do you propose to overcome that hurdle?

06:09

SEPA incurs a 3% hidden cost + £15. Also in the UK it doesn't normally take a day for a SEPA, more like 3.

06:10

It was thanks to our main adviser we have the account. The banks are all turning everyone down however an exception was made essentially.

06:10

Let us not forget Intersango was a UK exchange

06:11

ok so if you're key differentiator is that you have a UK bank account, maybe that needs to be specified in your proposal

06:11

Exactly

06:11

rather than "The UK is the world's 6th largest economy, but so far they have no bitcoin exchange"

06:11

that is factually incorrect

06:11

Well there is no true UK bitcoin exchange, but yes I will make it more specific. One moment

06:12

GLBSE was a UK exchange, and that killed it along with the operator not taking it seriosly enough until it was too late

06:13

I honestly don't know if the English, Scottish, Welsh, or North Irish have it in them any more to run anything

06:13

!up Diablo-D3

06:13

Voicing Diablo-D3 for 30 minutes.

06:13

And now he is trying to run coinfloor

06:13

(The man who ran GLBSE)

06:13

Diablo-D3

glbse was a STOCK exchange, not a forex.

06:13

MrWDunne: That isn't exactly a secret.

06:14

Diablo-D3

MrWDunne: why the fuck is anyone letting him run something again

06:14

I have no idea. And I know what GLBSE is, the guy who ran it owns coinfloor

06:14

Diablo-D3

nefario is the reason that I quit bothering with the bitcoin investment community

06:14

Nefarious nefario

06:15

"I estimate bitstamp earns approximately 20BTC per day currently."

06:15

that can be calculated more accurately

06:15

YTD Bitstamp has done, on average, 18682.27233 BTC daily in volume

06:15

which means their earnings are between 37.364 BTC and 93.411 BTC daily

06:15

Thank you very much, I shall adjust it

06:15

(they have a sliding fee scale dependent on volume)

06:16

fluffypony: You also have to consider the problem of actual vs. imagined volume

06:16

BingoBoingo: werd

06:16

I know about the sliding scale, I used yesterdays volume for the calculation.

06:17

"We should be attractive to customers thanks to lax KYC/AML, as we will not require identification for those who wish to trade £500/€600 or less per week." <- so basically I can get around all KYC/AML issues by opening 100 accounts?

06:17

money launderer's paradise, yo

06:18

Technically speaking we have no legal requirements to have any KYC/AML policy. We will require them giving us an address just not "proving" it. Also that is meant to be per month. I need to proof read better

06:18

Not to mention we can see which bank account the money comes in from, so if 100 accounts are getting money from the same bank account it is very obvious

06:19

MrWDunne: Why not go full measure and take Western Union and other retail wire transfers?

06:20

I suggest stating it not as "lax" but rather "minimal"

06:20

The bank have been quite clear with how they expect us to use the account. They don't want large amounts of cash deposits

06:20

HeySteve: I second that

06:20

[MPEX] [S.MPOE] 2865 @ 0.00094511 = 2.7077 BTC [-] {2}

06:21

so there seems to be a lack of technical details about how you'll accomplish this (and Bitcoin is generally a technical audience, investors doubly so)

06:21

need to have lots of details about your proposed architecture

06:21

We're having a KYC/AML policy not to be legal, we don't have to do it to be legal. But to keep the bank account.

06:22

how your software will handle large volumes

06:22

I can get those details available by the end of this month

06:22

I suggest engineering for provable deposits from the getgo, multisig control of cold wallets also good

06:22

MrWDunne: Who ensures that your fiat handling operation stays legal?

06:23

what the software will be written in, who the team is and what qualifies them to write the software, what database platform you're going to be using, how you'll handle consistency, etc.

06:23

probably a bunch of other things Naphex can ask

06:23

HeySteve: For cold wallets we will be using multisig and of course we will have provable deposits.

06:23

yeah that deserves a mention

06:24

Yes I can imagine, I'm not the one handling the most technical matters. But by the end of the month I will have the technical details available

06:24

[MPEX] [S.MPOE] 5935 @ 0.00094255 = 5.594 BTC [-]

06:24

BingoBoingo: Our financial adviser worker at a high street bank for 25 years. He knows several people who will work in compliance once we have the volume to support them.

06:25

Opening first and doing compliance later seemed to have been what doomed the other UK ventures.

06:26

back

06:26

The main thing that doomed UK ventures was the banks not knowing what they were doing, also if we sell 10,000 shares at the second tier rate (once software + servers are ready) we will have enough to take on a compliance officer from the getgo

06:26

sorry was out for dinner break

06:26

MrWDunne: Where are you fundraising again?

06:27

CounterParty BingoBoingo

06:27

Ticker DUNNECAP

06:27

See, that is a problem.

06:27

What kind of screening and diligence did that listing require?

06:27

!up MrWDunne

06:27

Voicing MrWDunne for 30 minutes.

06:27

;;gettrust MrWDunne

06:27

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

06:28

BingoBoingo: In future we will be moving to another exchange - post launch. However I will happily provide ID to a trusted member of the community in order to verify who I am - and I am willing to meet people IRL

06:28

Thanks again fluffypony

06:29

If only these things hadn't been said so many times before.

06:29

BingoBoingo: I totally agree. Then again how did the due diligence stop say N&B happening

06:30

there wasn't any

06:30

MrWDunne: Exercise for an educated reader.

06:30

so what's this new exchange you're openning MrWDunne ?

06:31

Hey Naphex , apparently you will have a lot of technical questions for me. UK bitcoin exchange, with UK banking

06:31

"I've heard this Country song, a thousand times before. Heard it all my life. Sung by different people."

06:31

https://wiki.counterparty.co/w/Assets <- so basically to create an asset all you do is a CLI call

06:31

Assets - Counterparty Wiki

06:32

assbot: how amazing is that?

06:32

AMAZING COMPANY!

06:32

MrWDunne - are you using inhouse developed software? buying it or extrernalizing?

06:33

We have a third party developing it, we were referred by someone else

06:33

Hence why I cannot answer questions directly about technical measures

06:33

are you doing regular code checks, security audit on the source code?

06:34

*

BingoBoingo has to head out. Will return eventually.

06:34

do you know what you get with the product you're paying for?:P

06:34

[MPEX] [S.MPOE] 5267 @ 0.0009494 = 5.0005 BTC [+]

06:34

The third party is doing that as they go, but prior to launch we are paying for a full security audit of the code. Also the person who referred us knows them personally, and its an interesting project.

06:35

what's it written in? the project?

06:36

Naphex: PHP :-P

06:36

I believe I would be correct to say the frontend logic is simply done in PHP, but the trading engine is C++

06:37

I know as a matter of fact its not just PHP fluffy

06:37

maybe RealSolid's writing it

06:38

I don't think so

06:38

aha

06:40

on what OS is the trading engine going to run? Are the components sufficiently isolated?

06:40

Anyhow, I have to leave in about 10 minutes to visit another bank (looking to get additional accounts for redundancy). If you have a few questions you want me to get a proper answer to just put them here and I'll get an answer as soon as possible

06:41

can you scale that C++ engine up, or will you just be running on single big server?

06:41

Naphex: Different server for each "chunk", and we're hoping to use OpenBSD

06:41

Scalable, however it should be find for a very long time on one high powered server

06:41

tbh, an exchange is a REALLY tough sell given the regulatory hurdles and the track record of many past exchanges (gox etc.) - you're going to need a far more fleshed out business plan and a LOT of details about how you're overcoming the technical and legal challenges (and about how you calculate your fundraising requirements)

06:42

Fund raising requirements are really rather simple. We already have quotes on all of the costs

06:42

The only cost we don't know the price of yet is compliance officer

06:43

so you only have quotes at the moment?

06:43

listing on an "exchange" that anyone can list on with zero due diligence or even an email address verification makes it doubly challenging...I suggest leveraging the -otc WoT and GPG contracts (http://wiki.bitcoin-otc.com/wiki/GPG_Contract) to build trust and tie yourself down to shareholders

06:43

do you have a contract with the development team? too keep extending/bugfixing after release?

06:43

good starting point: http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/

06:44

Also the actual business plan is a 25 page PDF, but it has details about an additional project planned to launch in a year. And Naphex: yes we certainly do.

06:44

also last thing in terms of reading material is hanbot's glorious epilogue here: https://bitcointalk.org/index.php?topic=124441.0

06:45

(well, an epilogue in that I don't think anything further needs to be written on the matter)

06:46

tbh, i'd be scared of doing that in C++ enterprise wise

06:46

you're gonna need too attach lots of other components, for reporting, monitoring, and keeping track off

06:46

[HAVELOCK] [AM1] 2 @ 0.50199999 = 1.004 BTC [+] {2}

06:47

so it depends a lot on what the tradeengine is going to do

06:47

but you'll need tons of tools attached especially when you go live

06:47

[MPEX] [S.MPOE] 3265 @ 0.00094898 = 3.0984 BTC [-] {2}

06:47

yeah, and on the topic of reinventing of wheels... https://alphapoint.com seems...interesting if you're going that route

06:47

Of course, as I said don't quote me on C++ I just know its not a PHP trade engine

06:48

Anyhow, I do now need to go. So please send any questions to me on BitcoinTalk and I'll answer them as soon as

06:48

so, quotes on costs, outsourced tech, 25 page pdf and listing on Counterparty. What else you got?

06:48

MrWDunne: who wrote the specs, for the third party to develop?

06:49

outsourced tech is the most problematic imho

06:49

Punkman: two bank accounts known to be for a bitcoin exchange, with the bank explicitly saying that is okay for us to use.

06:49

for something so sensitive, i wouldn't do much trusting. or use developers that are not in-house

06:50

Naphex; More details will emerge on that, its a hard one to explain.

06:50

wut "SEPA incurs a 3% hidden cost + £15"? I wouldn't touch such scumbag banks with dry pole

06:50

i'd care for backdoors, known 'issues', and insider leaks

06:50

and you'd want someone doing lots of monitoring

06:50

Naphex: Hence code security audit

06:50

especially early

06:50

Naphex: buffer overruns are a feature

06:50

Naphex: This will be my fulltime job

06:51

Jurov: unfortunately that is every UK bank. 3% is every bank though. That is the currency conversion discrepancy

06:51

MrWDunne: are you going to do the tehnical monitoring as well?

06:52

Naphex: No that would be unwise, I will have a professional do that, and learn from him as we go along

06:52

MrWDunne: what about hardware?

06:53

the servers, the colocation, the hosting

06:53

The data center will monitor the hardware

06:53

who will mange them full time?

06:53

Node4

06:53

Northampton data center

06:53

Tier 3

06:53

100% uptime since it was created

06:54

I'm responsible for initial setup. That is something I can handle

06:54

fluffypony: just scanned a bit, but we need less AML, not more. so if the rules allow for this, that's positive.

06:54

you're relianing on a lot of outsourcing

06:54

which for a bitcoin exchange, i doubt its going to be enough

06:54

Naphex: Better have a professional do it than myself

06:55

bounce: 100% - I wasn't arguing for or against it, although I do think that the best non-AML route will always be otc/face to face

06:55

Bounce: Indeed, the laws allow for no AML. But the bank doesn't

06:55

MrWDunne: better have that proffesional hired and with an office near ;]

06:55

find a bank who does?

06:55

bounce: there isn't one. Not in the UK.

06:55

Naphex: and a noose around his neck and a limit on his frappuccinos

06:56

[HAVELOCK] [AM100] 60 @ 0.00435463 = 0.2613 BTC [-] {4}

06:56

*

bounce wonders how hard it is to set up a bank and have it talk to other banks

06:56

Naphex: Once we have the volume we will be doing just that.

06:56

bounce: licensing is the issue, I think

06:57

*

bounce was thinking it'd be useful to have a fiat bank connect various exchanges

06:57

fluffypony: In the UK it is almost impossible

06:57

We have had one bank open in the past 100 years

06:58

if the Bank of England stands....England stands!

06:58

brb coffee

06:59

mircea_popescu

06:59

you missed MrWDunne by 6 seconds

07:00

[MPEX] [S.MPOE] 4650 @ 0.00094289 = 4.3844 BTC [-]

07:00

you can make another one for fiddy cents

07:00

Banka de Fluffy has a certain ring to it

07:03

fluffypony who is mrwdunne ?

07:05

mircea_popescu: the guy that's starting a UK exchange because there "isn't one"

07:05

awww

07:05

well, maybe next time someone starts a uk exchange.

07:07

anyone familiar with SingleHop hosting?

07:09

"This week, SingleHop engineers noticed an increase in the number of customers reporting compromised servers. As we investigated these reports, we were able to identify a common malicious software program installed on many of the compromised servers. The malware is specifically designed to siphon the server’s computing power into mining bitcoins. This has been a growing trend throughout

07:09

the web lately, with malware attacks of this nature being reported by customers of AWS and the Iowa State University."

07:09

that just points to shitty sysadmins; if they're not monitoring load what are they doing?

07:12

call of duty and bong hits? who knows. but would monitoring load prevent this sort of thing occurring in the first place?

07:13

not entirely, but any sysadmin worth his salt needs to know *when* to scale

07:13

and you do that by consistently monitoring resource utilisation over time

07:13

well I have no idea if they caught this early or late

07:14

but they've taken action, cleaned it apparently

07:14

I'm more interested in the malware and where the coins are going, I wonder if they preserved a specimen (sort of thing)

07:17

BingoBoingo: The entire world is Italy. <- true words

07:18

[MPEX] [S.MPOE] 4678 @ 0.00094625 = 4.4266 BTC [+]

07:18

they hint it's related to heartbleed, NRPE or Ebury, not that I'd heard of the other 2

07:20

ebury is an rk

07:27

can you search the WoT for a specific gpg key id?

07:29

mircea_popescue: <a href="http://xeur.bitcoin-central.net/">here</a> on http://mpex.co/?mpsic=X.EUR is apparently invalid

↖

07:29

mircea_popescu, even

07:35

[HAVELOCK] [PETA] 3 @ 0.0708 = 0.2124 BTC [-]

07:37

davout ^

07:37

[HAVELOCK] [AM1] 10 @ 0.50000001 = 5 BTC [-]

07:41

signed documets and stale urls: yum

07:43

davout will surely fix it

07:53

[MPEX] [S.MPOE] 44478 @ 0.00094902 = 42.2105 BTC [+] {6}

~ 18 minutes ~

08:12

!up MykelSIlver

08:12

Voicing MykelSIlver for 30 minutes.

08:13

!up Sahtor

08:13

Voicing Sahtor for 30 minutes.

08:16

bitcoinpete: morning

08:16

fluffypony: howdy!

08:17

fluffypony: saw that article about the mt gox coins flowing into maidsafe. that thing is more crooked than a chicago politician

08:18

fluffypony: and if you go to http://bitcoin-otc.com/viewgpg.php you should be able to just search the page for a key

08:18

bitcoinpete: yep, but then some bright spark traced some coins back to BTC Guild and accused Eulethria of being complicit

08:18

wywialm

hello, bitcoinpete

08:18

without thinking that maybe someone mined some coins in the pool, withdrew them, and then used them

08:19

because obviously all coins just appear out of thin air

08:19

magic coins are magic!

08:19

wywialm: ahoy :)

08:20

needless to say, eulethria was pissed

08:20

was/is

08:20

fair enough

08:21

so ltb head adam levine tried writing about maidsafe for techcrunch and they pulled his article cuz it had a tip widget

08:21

so he republished it on his website: http://letstalkbitcoin.com/maidsafe-wildly-successful-crypto-crowdsale-debacle/

08:21

lawl

08:22

did they think it defeated journalistic integrity?

08:22

that's exactly it

08:23

[HAVELOCK] [CBTC] 1499 @ 0.0001291 = 0.1935 BTC [+] {2}

08:23

kid is pissing me off pretending he knows shit though, quotes like "Life is about variables, monetary fundamentals is entirely about variables." abound

08:23

how'd he sneak that widget in

08:24

[HAVELOCK] [NEOBEEQ] 5395 @ 0.00006412 = 0.3459 BTC [-] {9}

08:25

"The MAIDSAFE project specifically and these types of crowdsales broadly have a great future ahead, but it’s a bit like launching a boat – careful thought, diligent planning and rigorous construction must all come together or the whole thing sinks." <<such derp

08:25

someone needs to tell MaidSafe and this "Dark Market" crap that they're reinventing the wheel; Tahoe-LAFS over I2P already has a web client and is a distributed data store etc.

08:25

bitcoinpete: so you won't be accepting ltbcoin for your writings?

08:26

cazalla: good question. obviously not very subtly or else tc wouldn't have published and retracted

08:26

cazalla: oh goodness

08:26

maybe the editor just copy/pasta'd without proofreading

08:26

levine is also doing this humint.is thing. he's the "cvo"

08:26

"We help brands create digital

08:26

currencies to make good.

08:26

We are Humint."

08:26

oh god

08:27

CVO as in Chief Visionary Officer?

08:27

random_cat jurov it's fixed, thank you for reporting

08:27

;;rate random_cat 1 reads the fine print

08:27

;;google Chief Visionary Officer

08:27

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

08:27

Chief visionary officer - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Chief_visionary_officer>; What is CVO (chief visionary officer)? - Definition from WhatIs.com: <http://searchcio.techtarget.com/definition/CVO>; Chief Visionary Officer | The Black Man Can Institute: <http://tbmcinstitute.theblackmancan.org/leadership-team/chief-visionary-officer/>

08:27

;;google define Chief Visionary Officer

08:27

Chief visionary officer - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Chief_visionary_officer>; Chief executive officer - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Chief_executive_officer>; What is CVO (chief visionary officer)? - Definition from WhatIs.com: <http://searchcio.techtarget.com/definition/CVO>

08:28

;;google cvo

08:28

CVO: Summary for Cenveo Inc- Yahoo! Finance: <http://finance.yahoo.com/q?s=CVO>; Cascades Volcano Observatory: <http://vulcan.wr.usgs.gov/>; CVO - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/CVO>

08:28

mmm vulcans...

08:29

ratings for finding bugs

08:29

lol davout where do you live in France?

08:29

thestringpuller: new idea for a Bug Bounty program?

08:29

(trying to estimate shipping for cookies)

08:30

thestringpuller: ~paris

08:30

thestringpuller: reading fine print is a good thing, why not rate it as such? :D

08:33

[HAVELOCK] [AM100] 60 @ 0.00469993 = 0.282 BTC [+] {3}

08:37

[MPEX] [S.MPOE] 6350 @ 0.00094353 = 5.9914 BTC [-]

08:41

<troll>if random_cat really did read fine print, he'd ask you straight, not mirceau popescue</troll>

08:42

*

random_cat slaps jurov about a bit with a wet puppy

08:43

brb, gonna slap myself with wet pussies

08:43

!up Luke-Jr

08:43

Voicing Luke-Jr for 30 minutes.

08:43

good choice

08:43

drowning cats again?

08:45

so much log

08:46

blame the wet pussies

08:46

random_cat: wet pussies are the consequence of so much log, not the other way around

08:47

i think that depends upon where one's nose is

08:49

http://www.institutionalinvestor.com/Article/3332609/Banking-and-Capital-Markets-Emerging-Markets/Chinas-Rate-Liberalization-Stakes-Who-Wins-Who-Loses.html?ArticleId=3332609&single=true#.U1kNLuaSyXQ

08:49

http://www.institutionalinvestor.com/Article/3332458/Asset-Management-Macro/Is-China-Really-Prepared-to-Shift-to-Market-Driven-Interest-Rates.html?ArticleId=3332458&rel=nofollow&single=true#.U1kEB-aSyXQ

08:49

Is China Really Prepared to Shift to Market-Driven Interest Rates? | Institutional Investor

08:50

not at all

08:57

"Worry about skin in the game, not inequality."

08:57

taleb's on a roll right now

08:58

[MPEX] [S.MPOE] 1469 @ 0.00094559 = 1.3891 BTC [+]

09:01

yeah Eleuthria contacted me, glad I was vague and didn't make any accusations of involvement there

09:02

re: <+fluffypony> needless to say, eulethria was pissed

09:02

yeah for real

09:06

[MPEX] [S.MPOE] 4000 @ 0.00094843 = 3.7937 BTC [+]

09:10

http://cryptome.org/jya/digicrash.htm

~ 15 minutes ~

09:26

*

danielpbarron is left-handed

09:26

danielpbarron: my sincere condolances

09:26

heh

09:26

I have both my left and my right hands still attached

09:27

http://www.fentonreport.com/bitcoin/why-the-savegox-plan-is-very-important-to-the-bitcoin-ecosystem

09:27

Why the SaveGox Plan is Very Important to the Bitcoin Ecosystem | FENTON REPORT

09:27

or just let gox diee

09:29

he has a point though - if the 200k coins they magically "found" form part of the assets sold off to pay creditors, customers will proportionally get less as they have to share with other creditors

09:29

I'm just glad I never kept coins on there

09:30

*

danielpbarron too

09:31

https://i.imgur.com/CDR0owC.png load times post frontend optimizations :D

09:31

nice

09:32

did you reduce page size as well?

09:32

nah

09:33

mostly cacheing tuning

09:34

and removing some bugdowns

09:34

cool nice

09:34

http://i.imgur.com/xmnlXIW.jpg

09:35

lol

09:38

guys can China get out and stay out..

09:39

So bored with the China bans already

09:39

they banned btc again?:)

09:40

!up MrWDunne

09:40

Voicing MrWDunne for 30 minutes.

09:40

Yes, they are banning btc again

09:40

Essentially leaves China to use Cash only, not sure if they will be willing to use that

09:41

well, i missed the whole news

09:41

so.. hooray!

09:42

lawl

09:43

I'm surprised things like mtgox bankruptancy were considered "bad" for bitcoin price

09:43

after all, you realize there are now less bitcoins than previously thought

09:43

No

09:43

dont blame china for US selling bitcoins

09:43

etc

09:44

Naphex: that graph on the front page, it's not possible to zoom in right? wanted to see if you guys saw a dip from the China thing as well

09:44

Pankkake Same amount of bitcoins. Just in fewer people's hands

09:44

Starbucks apparently holds a large amount of BTC

09:44

fluffypony: there is a slider down, you squeeze it

09:44

well no, fractionnal reserves means more bitcoins than there are

09:44

will switch it with a good graph pretty soon, the data plant should be ready by monday

09:44

OH, didn't see that

09:45

and we'll replace it with proper OHLC-V data & candlesticks

09:45

neat

09:46

brb, heading home. done with the office

09:46

http://www.zerohedge.com/news/2014-04-24/52-year-old-french-banker-jumps-her-death-paris-after-questioning-her-superiors

09:46

52 Year-Old French Banker Jumps To Her Death In Paris (After Questioning Her Superiors) | Zero Hedge

09:46

and its raining :|

09:47

pankkake: They didn't just disappear. They just moved to somewhere other than the owners hands

09:48

but that was a while ago. so those bitcoins were already out, priced. yet people were still seing pretty numbers of bitcoins that were not there

09:48

The problem is we don't know when they left, so its hard to price in.

09:48

[HAVELOCK] [AM1] 1 @ 0.49953258 BTC [-]

09:49

right

09:49

It does mean for a while there were more bitcoins in circulation than actually existed. But when did it all start?

09:50

pankkake: you'll love this - https://bitcointalk.org/index.php?topic=579498.0

09:50

raed the 2nd post

09:50

*read

09:51

yeah I saw it :)

09:52

Owch, good job by them

10:04

[MPEX] [S.MPOE] 1900 @ 0.00094843 = 1.802 BTC [+]

10:17

fluffypony: prolly more interesting, RON vs BTCHotWallet https://i.imgur.com/ZvdQiSl.png

10:17

[HAVELOCK] [CBTC] 1100 @ 0.0001291 = 0.142 BTC [+]

10:17

*clicks*

10:17

interesting

10:18

"On the business front, Android fans are more apt to show a strong interest in Evernote (16.65X), LinkedIn (6.90X), venture capital (5.44X), and corporate finance (3.85X). The only business topics to feature prominently for iOS fans are TechCrunch (13.55X) and Bitcoin (7.93X)."

10:18

"#blackcoin is temporarily down but because of excellent community support we're working super hard to get it up again. ETA 2 hours." << ummm

10:19

so this looks weird:

10:19

$depth s.mpoe

10:19

mpexbot

mod6: S.MPOE Bids: ['15250 @ 0.00094828', '2256 @ 0.00094717', '4878 @ 0.00094541', '9100 @ 0.00094403', '4358 @ 0.00094297']

10:19

mpexbot

mod6: Asks: ['12204 @ 0.00094843', '18446744073709523111 @ 0.0009494', '10350 @ 0.00094958', '11050 @ 0.0009503', '3779 @ 0.0009512']

10:19

'18446744073709523111 @ 0.0009494'

10:20

eek

10:20

holy

10:20

mircea_popescu ^^^

10:20

it's happened before, was quickly fixed.

10:20

broken again

10:20

http://pando.com/2014/04/23/startups-anonymous-things-founders-say-to-investors-that-are-complete-bs/

10:20

Startups Anonymous: Things founders say to investors that are complete BS | PandoDaily

10:21

ThickAsThieves: sounds like maidsafe and bitgo all wrapped into one

10:23

!up MichalisBTC

10:23

Voicing MichalisBTC for 30 minutes.

10:23

[HAVELOCK] [PETA] 2 @ 0.0718 = 0.1436 BTC [+]

10:23

"US bank credit money supply growing at about $45bn/month currently, well offsetting the +-$7bn/month QE slowdown. http://research.stlouisfed.org/fred2/series/TOTBKCR" << bueno!

10:24

MichalisBTC is the bitcoin software guy I mentioned

10:24

from the ashes of Neo

10:24

benkay you around?

10:24

hehe yes indeed

10:25

MichalisBTC do you have a link for details on your plan?

10:25

or maybe share the website?

10:25

sure check it out, this is just to showcase projects cryptosysinc.com

10:26

my own goal is for you guys to put him through the wringer so as to temper (snuff?) his plans as appropriate

10:26

i am not particularly experienced or understanding of what he wants to offer

10:26

other than specialized bitcoin software for businesses

10:27

we are working on a new project, it's Blockchain as a Service. It's a friendly RESTful API that allows creating bitcoin apps...to put it in single sentence. with a lot of automations and event type notifications.

10:27

I met the Cryptosys guys last year, we broke bread, Danny proceeded to fuck them in the ass, etc

10:28

ass still hurts...

10:29

maybe we can talk about this Hearn as your technical advisor thing

10:29

why him? and what is he actually doing for you?

10:32

Yes, we approached Mike because all our previous work was on bitcoinJ. BitcoinJ was designed to be a mobile client rather a backend server.However, the tools of the library are helpful and because we code in Java we decided to give it a shot. We broke it appart and used what was good for our purposes but as some point we wanted advise on how to proceed, so we thought to pass our plans

10:32

through the Man himself.

10:33

Really nice guy btw. We had a one hour skype video call and went over our designs. A few days ago we asked him if we appoint him as our advisor for the funding process and he was kind enough to accept.

10:33

*

fluffypony ponders

10:33

my own personal observations of Hearn are mixed

10:33

he's obviously sharo

10:33

sharp

10:33

intelligent

10:33

high scale services on spv?:(

10:34

but he takes some questionable positions on things

10:34

so is he a technical advisor in terms of checking your architecture and designs, or is he an advisor to the funding process/business proposal?

10:34

so i wouldnt rely on him for anything strategic or conceptual

10:34

technical advisor, our talks are strictly technical

10:35

Naphex care to dumb down your comment for me?

10:35

<+Naphex> high scale services on spv?:(

10:35

whats spv?

10:35

The space we are entering with "Blockchain as a Service" is kind of competing with blockchain.info, some features overlap. his advise on that was that indeed we need more of these type of SaaS to help the eco-system...

10:36

ThickAsThieves: as in thin client, in bitcoinj

10:36

https://en.bitcoin.it/wiki/Thin_Client_Security

10:36

simple payment verification

10:36

was does this sadden you? weak security?

10:37

ah so clients that arent nodes

10:37

like multibit

10:37

Michalis have you seen blockr.io ?

10:37

any MITM will own the SPV's

10:38

no i haven't let me see

10:38

kakobrekla knows the blockr people

10:39

yes, similar to this

10:39

so, i'm not clear how making thin clients and acting like blockchain.info will make you money

10:39

do you have a full business plan?

10:39

or just the website content

10:39

too me it just looks like products spinned off bitcoinj

10:40

well we are not making thin clients. Our customers will be those requesting software services. not the end users.

10:40

could you give a case of an ideal client?

10:40

i guess there are a number of ways to do this, we went with Java and bitcoinJ was of great help.

10:41

MichalisBTC: so the clearing engine keeps the wallets, provides restful apis to the other products right?

10:41

ThickAsThieves: run a full-node cluster, and get whatever data you need from there. use full nodes for payments, and multi-sig cold wallets for storage

10:42

FX companies that need to offer bitcoin clearing without us being in control of their bitcoin. Anyone who wishes to built a bitcoin app. We do the heavy lifting for them.

10:42

We will be also offering notifications (sms/email/callbacks) in realtime

10:43

"

10:43

The built in API allows to perform the following functions:

10:43

A. Send bitcoins from master, customer, hot wallets.

10:43

B. Get balance updates for any existing wallet under the control of the system.

10:43

C. Create new customer wallet.

10:43

D. Create hot wallets.

10:43

E. Process large amount requests.

10:43

"

10:44

MichalisBTC: what does the secure architecture entail? what other security systems are in place, besides the GRE tunnel

10:44

and locked down internet

10:44

can i clean you out if i get access to the gre?

10:45

All the private keys and wallet files are immediately backed up to multiple physical locations via encrypted tunnels. The keys and files are stored in an encrypted format on database which reside on encrypted partition file systems. Thus eliminating the possibility of stealing keys, even if hard drives from backup locations are stolen.

10:45

where are the encryption keys kept?

10:45

We are not holding any funds for "Blockchain as a Service" and the only input in the system is the bitcoin netowork.

10:45

MichalisBTC: bitcoin network, as in SPV BitcoinJ

10:45

not a full verifying node yes?

10:46

However, on other implementation, where we did host wallets, we had clear separation of non critical servers with distributed security. And at the back end everything was separated with APIs.

10:46

MichalisBTC: did the API's require signing? like HMAC?

10:46

also, on the complete from end we used custom proxies.

10:47

*front end

10:47

[HAVELOCK] [PETA] 7 @ 0.07190556 = 0.5033 BTC [+] {4}

10:48

for blockchain as a service we plan to use oauth, so yes

10:48

[HAVELOCK] [AM1] 1 @ 0.50579145 BTC [+]

10:48

MichalisBTC: why "as a service"? why not license the software that provices the convenient API for the blockchain?

10:49

^^

10:50

*provides

10:50

less reputational risk as well, let the customer take ownership of their screw ups

10:50

we could license it, the main feature are the notifications. Business is to charge for the notifications, integration and support. Mainly because we will deal with businesses.

10:51

We are in Cyprus, low corporate tax attracts a lot of FX companies, who wish now to integrate bitcoin. Some list it already as CFDs, but they cannot clear bitcoin. We do the hard work for them, they are in control of the wallets. We are just the passthrough, offering a service.

10:52

fluffypony: yes, indeed

10:52

MichalisBTC: what is the hard work in clearing bitcoin?

10:53

what is "clearing bitcoin"?

10:53

punkman: ok payment, at 3 confirmations. send clearence

10:53

'here is your money, its good'

10:54

!up MichalisBTC

10:54

Voicing MichalisBTC for 30 minutes.

10:55

the weak point beeing any DDoS

10:55

completly shutting down you're clearing node

10:55

as we see every day with blockchain

10:55

getting ddos'ed and cloudflare shutting down the API's

10:56

;;ident

10:56

Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is identified as user 'thestringpuller', with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None

10:56

;;ticker

10:56

Bitstamp BTCUSD ticker | Best bid: 454.09, Best ask: 455.9, Bid-ask spread: 1.81000, Last trade: 454.09, 24 hour volume: 31575.48797401, 24 hour low: 438.05, 24 hour high: 505.0, 24 hour vwap: 467.11276242

10:56

!ticker m s.mpoe

10:56

[MPEX:S.MPOE] 1D: 0.00094255 / 0.00095081 / 0.00095978 (639879 shares, 608.41 BTC), 7D: 0.00094255 / 0.00097499 / 0.00101 (5908739 shares, 5,760.96 BTC), 30D: 0.00092844 / 0.00096165 / 0.00101 (21700966 shares, 20,868.83 BTC)

10:56

!last m s.mpoe

10:56

Last trade for S.MPOE on MPEX was at 0.00094843 BTC [+]

10:57

with our security design for the perimeter the worst thing that can happen to one of our satellite nodes is go out of service. But with a DDoS they cannot penetrate further than that.

10:57

but yes point being that the mid-tier business ie fx, don't have to worry about it. We do

10:57

[HAVELOCK] [ALC] 6 @ 0.14 = 0.84 BTC

10:58

yeah but when ddos hits, and their customers can't deposit / withdraw, support phones and emails start burning

10:58

why hasn't anyone implemented clearing notifications in BitcoinD Core ;o

10:58

;;gettrust MichalisBTC

10:58

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

10:58

gtfo

10:59

lol

10:59

;;later tell Naphex fork BitcoinD, and implement clearing notifications via JSON-RPC

10:59

The operation succeeded.

10:59

Naphex: yes, our nodes will not be publicly available. :) no notification in core

11:01

Naphex: GRE tunnel? Wassat?

11:02

artifexd: VPN

11:02

Why did you make the distinction? What's the difference?

11:03

Nevermind. Found the rfc

11:06

[HAVELOCK] [CBTC] 2005 @ 0.0001291 = 0.2588 BTC [-]

11:07

MichalisBTC I'd recommend registering your name with nickserv, then signing up for the Bitcoin Web of Trust. These are some of the verification methods we live by and a great way to build your rep while establishing an identity.

11:08

Oks thx

11:08

people here can help with any aspects you are unclear on

11:09

it's a slow time of day here, so the more you're around the more you can float your questions and answer them

11:10

trust isnt built quickly in these parts

11:10

sure, and I also I would like to get more feedback on the project, give out more info

11:11

[HAVELOCK] [AM100] 60 @ 0.00435 = 0.261 BTC [-] {2}

11:12

thanks for the intro! catch you later

11:12

MichalisBTC: go core!:D

11:12

:]

11:12

thanks much

11:12

so http://www.bitangels.co is still a thing huh

11:12

I would trust Naphex with my infrastructure

11:13

;;rate Naphex 1 knows his shiznat regarding infrastructure, architecture, and deployment. is probably a better developer than me to boot.

11:13

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

11:13

thq fluffypony

11:13

ThickAsThieves: when are we starting BitDevils?

11:14

you have my attention :)

11:15

all we need is some handsome pictures of everyone in a suit or bitcoin t-shirt

11:15

yes

11:15

and we'll call it a "consulting service" for startups

11:15

where we play devils advocate to the ideas

11:16

no no

11:16

to help them refine it

11:16

incubator

11:16

the Devil's Nest

11:16

BitDevils - The Startup Womb

11:16

sounds like s cheerleaders team

11:18

well yeah

11:19

!up smidge

11:19

Voicing smidge for 30 minutes.

11:19

!up mrwdunne

11:19

Voicing mrwdunne for 30 minutes.

11:20

Thank you jurov

11:22

Anyhow, does anyone have any new questions re exchange?

11:23

mrwdunne: will you have liquidity at launch?

11:24

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

11:25

Naphex: yes, we are selling in stages, at each stage we will sell the shares for more. Whatever we have left we will use to provide liquidity. However I think we will see a flood of people from the UK when we launch. Especially as the bank transfers are instant

11:25

you think youll get a flood of people on a new exchange?

11:25

how

11:26

First in the UK to have access to UK banking. Immediate advantages to competitors

11:27

(UK banking has free and instant transfers)

11:27

[HAVELOCK] [B.SELL] 3 @ 0.04233333 = 0.127 BTC [+] {3}

11:28

*immediate advantages over competitors

11:28

[HAVELOCK] [PETA] 18 @ 0.07179111 = 1.2922 BTC [+] {2}

11:28

mrwdunne srsly, it's not the first in any sense, forget about that angle.

11:28

all it does is telegraph noobishness.

11:29

mircea_popescu Which other ones are still running?

11:29

[HAVELOCK] [PETA] 15 @ 0.07198 = 1.0797 BTC [+]

11:29

so are you going to make the first roman empire, too ?

11:29

True, first might be the wrong word. Regardless it is the only

11:30

why use either as a quality?

11:30

first, only, all bullshit

11:30

[HAVELOCK] [PETA] 8 @ 0.07198237 = 0.5759 BTC [+] {2}

11:30

Only is not at all bullshit, although yes first is the wrong word

11:31

well only what?

11:31

being the only human on island doesnt make you valuable

11:31

[MPEX] [S.MPOE] 3500 @ 0.00094843 = 3.3195 BTC [+]

11:31

Only exchange with access to the UK banking network. That does make you valuable

11:31

mrwdunne only also telegraphs noobishness. you're too new in this game to know, but nothing is valuable in any market unless and until it has ocmpetitors.

11:32

noob founders try to pitch onlyness to vcs all the time, innocent of the plain obvious fact that it's a disqualifier.

11:33

mircea_popescu I have read through your posts on bitcointalk already. You pitch that if someone is competent and the idea has potential that is what matters. I am the only person who has managed to get the account

11:33

That is why no one else has done it

11:33

i think you missed the points

11:33

mrwdunne i never posted on btctalk.

11:34

mrwdunne: every entrepreneur pitching a business says that their product is a special and unique snowflake the likes of which have not been seen from the beginning of time until now, no nor shall be seen again...that's not a compelling reason for customers to move en-masse to your exchange

11:35

Offering free, instant bank transfers however is a reason to move en-masse. Being the only may not directly be the selling point, however that is a very valid advantage

11:35

And mircea_popescu, sorry, I assumed this was you; https://bitcointalk.org/index.php?topic=124441.0

11:36

i'll tell you, bank transfer fees are of little concern to notable buyers

11:36

so i save $20

11:36

big deal

11:36

that doesnt erase that you are new

11:36

and of unknown reputation

11:36

ThickAsThieves I agree, to significant buyers it is not an issue. However it is a significant advantage to significant amounts of smaller buyers.

11:36

ever clicked on her signature ?

11:37

ThickAsThieves reputation is something that can be earned

11:37

have you earned it?

11:37

ThickAsThieves No, not yet

11:38

what makes a UK exchange ideal over an EU one?

11:38

like why is yours better than say https://bitcoin-central.net/

11:38

FCA :D

11:38

Free, instant bank transfers. Perfect regulatory environment for an exchange as there are no AML/KYC requirements.

11:38

kakobrekla Yes, to a degree

11:39

Perfect regulatory environment for an exchange as there are no AML/KYC requirements.?

11:39

mrwdunne dude seriously. you've been running this for what, six weeks ?

11:39

none you acknowledge, or none that exist?

11:39

ThickAsThieves None that exist

11:39

a perfect chair that's not been sat into is no sort of advantage. those things will count in five years.

11:39

so i can money launder at will in the UK?

11:39

ThickAsThieves no you cannot. There are just no reporting requirements

11:39

fuck, even nefario had a "perfect" regulatory environment for an exchange

11:40

he said so, to people, at his lolconference

11:40

two weeks before obscurely shutting down.

11:40

Nefario was a scammer, essentially

11:40

whats the distinction, how does AML exist if it doesnt exist?

11:40

mrwdunne he was an idiot, just like you are.

11:41

mrwdunne: before i got splitted, i asked what is your defense against bank fraud considering 'instant' bank transfers?

11:41

unlike you, he didn't have the benefit of -assets existing.

11:41

ThickAsThieves it does not exist for bitcoin exchanges in the UK, according to the FCA. We have no legal obligation to collect identification (we will be, but not for small buyers)

11:41

lawl - https://bitcointalk.org/index.php?topic=584283.0 - "Private message me if interested. Include in your message a personalized (custom) messaged signed from an address with at least $100,000 USD worth of bitcoins contained to prove qualification."

11:41

as in hacked bank accounts, or clients wanting reversals because they inputed by mistake too many 0's

11:41

you are not just a bitcoin exchange though

11:41

you process cash too

11:41

ThickAsThieves remarkably I have actually spoken with the FCA about this, as opposed to just reading their manuals.

11:42

did they provide anything in writing for you?

11:42

some kind of exemption or such?

11:43

ThickAsThieves I have it in writing that they do not, and have no intention to regulate any bitcoin exchange

11:43

Not an exemption

11:43

care to share?

11:44

This is already public knowledge, however I confirmed it with them. Hell I think coindesk did an article on it

11:44

so show me

11:44

i'm a noob

11:44

ThickAsThieves http://www.coindesk.com/bitcoin-regulation-uk/

11:44

[HAVELOCK] [AM1] 1 @ 0.502 BTC [-]

11:45

(That is not our private correspondence with them however)

11:45

this is some bumfuck logic no? "However the FCA has not offered any constructive guidance or comment on the regulation of digital currencies. In fact, the FCA has gone as far as stating it does not regulate digital currencies and has no intention of doing so. The result is that bitcoin businesses in the UK are not obliged to register with or be authorised by the FCA."

11:46

ThickAsThieves Sorry, I don't know what you mean by bumfuck logic

11:46

mrwdunne: but you are not bitcoin-only business

11:46

jurov We got further confirmation from them behind closed doors

11:46

you'll be holding your customer's pounds

11:46

the text specifies crypto itself

11:47

not the buying or selling of it for fiat

11:47

The article specifies crypto itself. We are not basing our compliance on an article

11:47

look at it from a real world view

11:47

can people launder money through your business?

11:47

50.02315578 << jd finally fixed itself!

11:47

[HAVELOCK] [PETA] 10 @ 0.07199807 = 0.72 BTC [+] {4}

11:47

[HAVELOCK] [CBTC] 1000 @ 0.0001291 = 0.1291 BTC [-]

11:48

(launder fiat, specifically)

11:49

pankkake btw, explain pif to me ?

11:49

ThickAsThieves No, we will be complying with the KYC/AML laws regardless.

11:49

it's just not investing

11:49

recently there was this type of scam around: A buys from B something, B gives to A his exchange E's bank account

11:49

A then sends fiat to E, B exchanges them for bitcoins and vanishes without giving A anything

11:49

a just hold teh coins ?

11:49

A asks his bank to reverse payment.. what will you (E) do?

11:49

yes :)

11:50

lol cool.

11:50

jurov recently in the sense of... since 2000 :)

11:50

Jurov There are ways of ensuring deposits are not reversed.

11:50

panbankke

11:50

jurov, asked that too.. even hacked bank accounts

11:50

bankkake

11:51

Naphex last numbers i've seen, about 85bn try to move through triangular transfers a year worldwide.

11:51

I wonder what a bankkake would be…

11:51

about half manage to.

11:51

bank-bake

11:51

sperm bank obv

11:51

!up mircea_popescu

11:51

Voicing mircea_popescu without time-limit.

11:51

nice

11:51

!up mrwdunne

11:51

Voicing mrwdunne for 30 minutes.

11:51

Thank you Naphex

11:52

!down mircea_popescu

11:52

ThickAsThieves, you can't do that to mircea_popescu.

11:52

!up mike_c

11:52

Really, mike_c?

11:52

but what CAN i do to mircea_popescu?

11:52

ooh, assbot got brains now.

11:52

!up ThickAsThieves

11:52

Voicing ThickAsThieves without time-limit.

11:52

!down ThickAsThieves

11:52

mike_c, you can't do that to ThickAsThieves.

11:53

!kissmyass assbot

11:53

if tat were a girl it should say "munch munch munch"

11:53

mike_c here's the website for the software guys http://cryptosysinc.com/ (the printout i shared in Timis)

11:53

he was here earlier and will likely be back to hang out

11:53

hopefully wotted up and such

11:54

ciil

11:54

site needs moar css

11:54

java ?!

11:54

java is good

11:55

asciilifeform: ikr

11:55

a good tool :]

11:55

Naphex: a sledgehammer is an amazing tool, but you try cutting a medium-rare steak with it

11:55

AMAZING COMPANY!

11:55

ThickAsThieves: it looks like they are in no way biting off too much ;)

11:55

fluffypony: ofc same with everything :]

11:55

[HAVELOCK] [B.EXCH] 5 @ 0.0742218 = 0.3711 BTC [-]

11:56

but java gets you lots of bonuses early, when working on anything mid-size

11:56

fluffypony well if you flail it around fast enough you could generate enough plasma to cut a steak...

11:56

speeds up development, keeps it tidy

11:56

hah hah

11:56

you can JNI plug and do some C to make it faster

11:56

so what is this publicly traded corp you c'd for ?

11:57

mircea_popescu: the Altech Group

11:57

http://www.altech.com

11:57

decimation: but the "recovery" is great guys, just some snow, no problems here << in fairness, they were overissuing

11:57

[MPEX] [S.MPOE] 4819 @ 0.00094843 = 4.5705 BTC [+]

11:58

hm. ATNP is atlantis

11:58

where is this listed, sa se ?

11:59

mircea_popescu: JSE (Johannesburg Stock Exchange), which is our equivalent of the NYSE

11:59

JSE:ATNP allied ?

12:00

[HAVELOCK] [B.MINE] [PAID] 2.59776300 BTC to 7`210 shares, 36030 satoshi per share

12:00

looks like they make cable boxes.

12:00

ah - http://www.bdlive.co.za/business/technology/2013/08/21/altech-delists-from-jse-after-buyout-by-parent-altron

12:00

delisted now

12:01

[HAVELOCK] [PETA] [PAID] 61.04601580 BTC to 80`674 shares, 75670 satoshi per share

12:01

worst two years of my life, so much discord and backstabbing and dick-measuring among their management

12:02

seem to be on an acquisition spree now, and pumping per share earnings

12:02

they're always on an acquisition spree

12:02

they got lucky early on with a couple of smart acquisitions

12:02

which then funded every acquisition

12:03

so then they buy stupidly, and if a company gets folded into your division/company you're fucked trying to integrate staff that don't want to be there

12:03

so what's your name again ?

12:03

especially management staff that are defunct

12:03

Riccardo Spagni

12:06

nice to meet you.

12:06

:)

12:07

[HAVELOCK] [PETA] 2 @ 0.0719999 = 0.144 BTC [+]

12:08

[HAVELOCK] [PETA] 9 @ 0.0719999 = 0.648 BTC [+]

12:10

[HAVELOCK] [PETA] 55 @ 0.070803 = 3.8942 BTC [-] {3}

12:13

lol family concern of the venters, 1k p/e

12:13

what sort of lolcompany is this

12:14

it's ridiculous, daddy is smart and started a company, and then basically gave his sons companies and shitloads of money

12:15

Altech is successful in spite of its CEO, not because of it

12:15

!voice mrstickball

12:15

!up mrstickball

12:15

Voicing mrstickball for 30 minutes.

12:15

that thing

12:16

sup mrstickball

12:16

lots and lots of work

12:16

as always

12:16

that is a good thing

12:16

turns out, there's a new crypto-security that is based out of Grove City

12:16

so who replaced you ?

12:16

so I am gonna meet with him soon

12:18

!up Mrstickball

12:18

Insufficient rights, mrstickball, !up yourself on PM first.

12:18

mircea_popescu: no clue, I left just before they folded Swistech into ISIS (Oct 2012), so whoever ended up managing that process would have been my replacement

12:19

[HAVELOCK] [PETA] 13 @ 0.07066246 = 0.9186 BTC [-] {4}

12:19

anyway, this added an obscure foreign lolcorp for my shortlist

12:19

Blazedout419: look into Adeally... They're out of Grove City

12:20

its somewhat interesting. Not their business as much as they are using Counterparty

12:20

[HAVELOCK] [B.MINE] 8 @ 0.03251 = 0.2601 BTC [+]

12:20

mircea_popescu: shortlist of companies never to deal with or invest in? coz that's where they should be on:-P

12:20

;;gettrust mrstickball

12:20

Currently authenticated from hostmask mrstickball!uid14687@gateway/web/irccloud.com/x-xhdulznzsjnbbbyc. Trust relationship from user Blazedout419 to user mrstickball: Level 1: 5, Level 2: 3 via 2 connections. Graph: http://b-otc.com/stg?source=Blazedout419&dest=mrstickball | WoT data: http://b-otc.com/vrd?nick=mrstickball | Rated since: Fri Jul 5 18:09:54 2013

12:20

Is that the online store? The one that valued themselves at several million?

12:20

I woud think you can !up your self?

12:20

I can now, I think

12:21

mrwdunne: yeah, I think so

12:21

its a crypto penny auction site

12:21

mrstickball It seemed like an interesting idea. But not worth close to that much

12:21

fluffypony no, just to keep short positions in

12:21

not the best plan per-se in terms of what it is, but the PPM and DD look good

12:21

ah ok

12:21

so its a weird combination of great plan, bad idea

12:21

once mr w croaks that thing's gone.

12:23

[HAVELOCK] [PETA] 8 @ 0.0706 = 0.5648 BTC [-]

12:24

[MPEX] [S.MPOE] 8600 @ 0.00094897 = 8.1611 BTC [+] {3}

12:24

!voice mrwdunne

12:25

!up mrwdunne

12:25

Voicing mrwdunne for 30 minutes.

12:25

Thank you mrstick

12:25

[HAVELOCK] [B.SELL] 3 @ 0.042 = 0.126 BTC [-] {2}

12:25

now we need a counterparty ticker..

12:26

who is this minerpart cat?

12:27

unclear.

12:27

No one who seems very significant at this point in time

12:28

!up chetty

12:28

Voicing chetty for 30 minutes.

12:29

You can pull out the BTC from when people buy into your company, correct mrwdunne ?

12:29

https://bitcointalk.org/index.php?action=trust;u=148712 Reputation isn't very good

12:29

Login

12:29

And mrstickball yes you can

12:29

*yes I can

12:29

hello

12:29

do you have any experience with ititch.com (or can recommend any other bitcoin domain registrar)?

12:29

namecheap.com is excellent numeristrade

12:30

or at least used to be. i dunno anyone used it itches thingee, so you get to be the first.

12:30

When will trading of s.mpif begin?

12:30

prolly next week

12:31

the idea being that it'll have its first report before the 5th, and that'll allow a nav, and then it can trade.

12:31

ty

12:31

mircea_popescu, is there any domain registrar you can recommend? What is wrong with namecheap.com?

12:32

piffy nav is ~250 btc?

12:32

they were really great, but recently did a dumbass websiute redesign breaking everything. i bitched about it, they fixed some things, what can i say. nothing good endures

12:33

http://trilema.com/2014/namecheap-goes-off-the-deep-end-anyone-know-a-decent-domain-registrar/ < the long version if you care.

12:33

Namecheap goes off the deep end. Anyone know a decent domain registrar ? pe Trilema - Un blog de Mir

12:33

mike_c should be about 200ish on start yes.

12:34

numerisTrade anyway, definitely a better bet than godaddy, which is unequivocally atrocious. maybe enom if you have a direct contract with them.

12:35

decimation: re: amazon, I've heard it's a tough life working there << but it's a large corp. of course they'd be managing the fuck out of all cost, neh ? afaik google is pretty much the only giant still trying to play the startup, otherwise even apple is bezos-ing it away.

12:36

http://mises.org/daily/2542 seems to say that the whole "unenforeable contracts" thing isn't that new

12:36

The Enterprise of Customary Law - Bruce L. Benson - Mises Daily

12:37

The verdict is in, unless i'm ready to move to Romania, and/or MPEx blocks US customers, and/or I register as a broker/dealer with SEC, I must decline the MPIF mgr position due to legal concerns. Even then, it'd take a combination of those to have any remote chance of safety. :(

12:37

forward soviet!

12:37

i need to gtfo usg

12:37

thank you, mircea_popescu, for link and help

12:37

:(

12:37

ThickAsThieves: move to South Africa

12:38

well, then gtfo usg

12:38

we basically have no laws of real worth, and those that could possible get in your way seem to disappear at the wiff of money

12:38

as an interesting aside, my lawyer, a former US Attorney, has expressed interest in coming here tp pick your brain MP

12:38

(not quite that bad, but it's a little wild-westish)

12:38

ThickAsThieves: get on the fscking plane.

12:39

ThickAsThieves am i to charge him retainer ? :D

12:39

hehe

12:39

i told him "on YOUR time, not mine!"

12:39

isn't there a private jet thing for this sort of situation yet?

12:40

ThickAsThieves: optionally - on the boat.

12:40

slow boat out of america

12:40

[HAVELOCK] [PETA] 3 @ 0.07111 = 0.2133 BTC [+]

12:40

who's the guy that crossed pacific in a barrel ?

12:40

great opportunity to catch up with the reading. *is a bit swamped*

12:40

Super Mario?

12:41

can't trust a thing that guy claims, he's clearly on shroomz

12:41

my puny brain boggles at folks who can afford to rocket out and still don't

12:41

so anyone have any great leads on jobs in animal conservation in non-US countries?

12:42

"self preservation" ought to count *gdr*

12:42

fluffypony should be able to hook you up

12:42

http://it.slashdot.org/story/14/04/25/1227204/hp-server-killer-firmware-update-on-the-loose

12:42

HP Server Killer Firmware Update On the Loose - Slashdot

12:42

his blondy looks like she's doing lots of animal conservationing :D

12:42

lol

12:42

ThickAsThieves: yes, she can come here and look after our dogs, we have 6 of them

12:42

lol

12:42

seriously tho, there are a bunch of programs

12:42

more like saving rhinos and okapi

12:42

but they're pretty stupid because you pay them to be a volunteer worker

12:43

which seems insane

12:43

she actually works for one that runs the Okapi Conservation Project

12:43

except no way am i moving to the COngo

12:43

why the fuck not ?

12:43

butt rape?

12:43

probably more effective to start a militia/hire a bunch of trigger happy goons/whatever and do some "long pig hunting" on poachers

12:43

mircea_popescu: the Congo's a tough haul for a white guy

12:43

he's not white.

12:43

white enough

12:43

worse, i'm portuguese

12:43

bbl

12:43

he's just shy. these are not the same :D

12:43

mircea_popescu: anyone not tall, dark, and French speaking is white to them ;)

12:44

we raped africa plenty

12:44

ThickAsThieves be a man, take the wife to the congo.

12:44

lol

12:44

teh peer pressure in thizs place!

12:44

worst that can happen is you end up dead. which will happen anyway.

12:45

ThickAsThieves: in all seriousness, there are a number of really good programs out here that are always looking for help - I think I linked to these guys the other day, but in case not: http://www.jukani.co.za

12:45

'coward dies a thousand deaths, brave man - one'

12:45

luck can separate the brave from the fools

12:45

I think people prefer to live for longer though. Definitely go and do some charity in Africa though - its a great experience

12:46

mew

12:46

asciilifeform: hail!

12:46

but yknow i will bring up visiting Africa

12:46

does S Africa have MLAT with US?

12:46

<ThickAsThieves> so anyone have any great leads on jobs in animal conservation in non-US countries? << manuls obviously

12:46

mlat?

12:46

oh googled

12:46

depends on what you think is "charity". plenty of the oh-so-selfless white influence hasn't done the continent a bit of good

12:46

ThickAsThieves you don't bring it up. you go home and say "woman, we're leaving for the congo. pack stockings and tank tops, and read up on slim's guide to cook for bogart"

12:47

ThickAsThieves: http://www.state.gov/documents/organization/124466.pdf

12:47

so it would seem

12:47

these USGs be so insidious

12:47

[HAVELOCK] [PETA] 10 @ 0.07031794 = 0.7032 BTC [-]

12:48

mp, to say as much would be to decide whether divorce is the answer

12:48

ThickAsThieves: stay in usa - and perhaps we'll meet in our common gasenwagen.

12:48

ThickAsThieves women have this endless capacity to pleasantly surprise.

12:48

[HAVELOCK] [PETA] 2 @ 0.0711095 = 0.1422 BTC [+] {2}

12:48

[MPEX] [S.MPOE] 3100 @ 0.00094958 = 2.9437 BTC [+]

12:49

finally, someone noticed!

12:49

i knew it all along kitten.

12:49

looks like there's mutual extradition in place, but that they've refused to extradite before for a guy that could possibly have received the death penalty

12:49

"This infringed Mohamed's rights to human dignity, to life, and not to be punished in a cruel, inhuman or degrading manner. The Constitutional Court concluded that the handing over of Mohamed to the US government was unlawful"

12:49

fluffypony i wonder how much that cost.

12:50

lol

12:50

What charges were they extraditing him on?

12:50

russia doesn't extradite (anybody) but you might have other problems (Have Problems (TM)) there.

12:50

"Mohamed, a Tanzanian national, fled to South Africa after his involvement in the 1998 bombing of the US embassy in Dar-es-Salaam."

12:50

lmao

12:50

so they have an agreement, which they can't use to extradite terrorists ?

12:51

whoa how very fart reaching.

12:51

pretty much

12:51

US doesn't have a very good track record when it comes to human rights and terrorism. Their judgement was probably the correct one

12:51

mircea_popescu: totally forgot i was due you cookies http://i.imgur.com/rswbqJI.jpg

12:51

ThickAsThieves: before you move setup a fake murder in the US, and then if they try extradite you you can just claim that the death penalty is a possibility

12:51

problem solved

12:51

ahahah bears.

12:52

fluffypony you are clearly well qualified to give legal advice :D

12:52

thats some fucked up legal system

12:52

incentive to terrorize

12:52

:D yeah i havent found a manul cutter yet -- epic job for a 3D printer i reckon

12:52

mircea_popescu: clearly :-P

12:52

now who was i owing cookies to ? benkay ? kakobrekla ?

12:52

mike ain't getting one, he's rotund as it is.

12:52

davout

12:53

ThickAsThieves i don't trust davout. his girl only rated him a 3.

12:53

mike aint rotund, he just has a jolly face

12:53

not that id get any, but i dont like cookies :(

12:53

you'll be needing more then http://i.imgur.com/jKKEEjY.jpg these are actually shortbread mid-sugaring

12:53

kakobrekla well we're all out of tits.

12:53

ThickAsThieves: ianal, but is owning foreign stock actually banned in usa?

12:53

!up quantyfikator

12:53

Voicing quantyfikator for 30 minutes.

12:53

asciilifeform arent you getting out?

12:53

asciilifeform, no thats not the issue

12:54

but

12:54

you are obligated to report any foreign account with more than $10k

12:54

kakobrekla: i'd -like- to get out. that's quite different from actually escaping.

12:54

chetty

you can run but cannot hide

12:54

kakobrekla: i'll make savoury ones for you

12:54

mircea_popescu: i already got my cookie. but it was a different cookie.

12:55

ascii with your brains and my tongue we could surive easily in any place

12:55

thats sounds dirty

12:55

lol

12:55

chetty: reminiscent of traditional american saying: 'don't run from a sniper, you'll just die tired'

12:55

asciilifeform working on it or only wishing ?

12:56

benkay nookie == cookie ?

12:56

vagina == cookie

12:56

kakobrekla: you saw some of the work. so decide for yourself.

12:56

rotund! perhaps, but i am also strong like bull. all you scrawny europeans couldn't bench press a girl.

12:57

mike_c i could benchpress any girl i;d care to fuck.

12:57

i know this, because... guess.

12:57

you fuck only men?

12:57

that's like short guys saying they don't like tall women. very self serving.

12:57

mike_c that's my middle name, m self serving p.

12:58

what's the middle name in a four name name? lol

12:58

lol

12:59

!up chetty

12:59

Voicing chetty for 30 minutes.

12:59

chetty

ty

12:59

http://letstalkbitcoin.com/maidsafe-wildly-successful-crypto-crowdsale-debacle/ << scammers accept mastercoin and bitcoin hoping mastercoin's too derpy for people to use, end up getting all msc go 'no no no you see we actually want your btc'

12:59

i quote, "<chetty> well you be glad to hear we're finally back to active programing on eulora - but right now need to hit the store for weekend supplies of milk and coffee - back in a bit"

12:59

figure you folks prolly care too!

12:59

[HAVELOCK] [PETA] 11 @ 0.07031794 = 0.7735 BTC [-] {2}

13:00

benkay lmao

13:00

squadron of coffee to program converters?

13:01

[HAVELOCK] [PETA] 18 @ 0.07 = 1.26 BTC [-] {3}

13:01

“I think it’s a really interesting area," Cook said. "We have almost 800 million iTunes accounts and the majority of those have credit cards behind them. We already have people using Touch ID to buy things across our store, so it’s an area of interest to us. And it’s an area where nobody has figured it out yet.

13:01

"I realize that there are some companies playing in it, but you still have a wallet in your back pocket and I do too which probably means it hasn’t been figured out just yet.” ~Tim Cook

13:01

why weren't they converting coffee to program in the first place, mircea_popescu ?

13:01

milk is probably for enticing manuls or something

13:01

in argentina, there is 'pampas cat' instead

13:02

[MPEX] [S.MPOE] 19769 @ 0.00094804 = 18.7418 BTC [-]

13:02

very similar-looking beast

13:02

asciilifeform there is, but moiety will never get to know.

13:02

;;google pampas cat

13:02

Pampas cat - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Pampas_cat>; Pampas Cat Facts - Big Cat Rescue: <http://bigcatrescue.org/pampas-cat-facts/>; Pampas cat videos, photos and facts - Leopardus colocolo | ARKive: <http://www.arkive.org/pampas-cat/leopardus-colocolo/>

13:02

moiety could also escape, meet pampas cat.

13:02

<bitcoinpete> taleb's on a roll right now << link?

13:02

i like them too! they have stripy legs!

13:03

[HAVELOCK] [CBTC] 9000 @ 0.0001291 = 1.1619 BTC [-]

13:03

this is actually what got me thinking on expanding to a felinae site

13:03

ima pay 1 btc to taleb and 1 btc to whoever gets him to come here.

13:03

;;google colocolo cat

13:03

Colocolo - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Colocolo>; Pampas cat videos, photos and facts - Leopardus colocolo | ARKive: <http://www.arkive.org/pampas-cat/leopardus-colocolo/>; Leopardus colocolo (Chilean Pampa Cat, Pampas Cat): <http://www.iucnredlist.org/details/15309/0>

13:03

benkay: same as the one posted the last few times in here: http://www.fooledbyrandomness.com/notebook.htm

13:04

bitcoinpete: that's the footnotes to FBR?

13:04

(those're)

13:04

also in s.mpif news : juraj whom you know as jurov has accepted to take over pc #5.

13:05

mircea_popescu: un défi!

13:05

yes

13:05

do you get crazy [wild]cat ladies? if so, i need a tshirt

13:05

benkay: the notebook is like his blog, a running tally

13:05

;;later tell ThickAsThieves may i help you, sir?

13:05

grats jurov

13:05

The operation succeeded.

13:06

;;later tell ThickAsThieves ah i see you wanted me to talk to MichalisBTC?

13:06

The operation succeeded.

13:06

yeah

13:06

he'll be back probly

13:06

jurov: indeed, best of luck!

13:06

but the website link is there

13:07

thx

13:07

asciilifeform, you mentioned some code to rape other bots? imma interested ;)

13:11

"44% of Americans are living with less than $5,887 in savings for a family of four" << fun fact ? most romanians own more than that.

13:12

[MPEX] [S.MPOE] 12201 @ 0.00094552 = 11.5363 BTC [-] {3}

13:16

so, i stopped by the doc today had my blood pressure measured. anyone care to guess ?

13:16

120/80

13:16

(as a bonus hint, before retiring a good decade ago, i was doing something like 240/160)

13:16

100/60 if you had an erection

13:17

lol j

13:17

;;later tell davout just in case you have't seen this - http://www.pfhub.com/report-revenue-from-bitcoin-must-be-declared-to-french-authorities-602/

13:17

The operation succeeded.

13:19

135/90

13:19

dude the sa crew is actually doing a splendid job raping teh tardtalk forums

13:19

BingoBoingo 130/90, you take the cake.

13:19

HeySteve: this place is becoming a real Dragon's Den, I'm thinking of writing something to that effect << by all means. maybe get nubbins to draw us all as pony dragons.

13:20

speaking of which

13:20

;;seen nubbins

13:20

I have not seen nubbins.

13:20

;;seen nubbins`

13:20

nubbins` was last seen in #bitcoin-assets 1 week, 0 days, 14 hours, 18 minutes, and 33 seconds ago: <nubbins`> you will need it if you don't want to have to download a client and python every time you boot

13:20

[MPEX] [S.MPOE] 4750 @ 0.00094751 = 4.5007 BTC [+]

13:20

omfg our untalented drawer / sausage maker guy is gone! WHERE!

13:20

Fell into sausage grinder with nailgun?

13:20

come back nubsy we need ourselves drawn as flying dragon princesses

13:20

mircea_popescu: which SA crew?

13:20

fluffypony not sa as in south africa, sa as in something awful

13:21

oh lol

13:21

which admittedly is an easy enough mistake to make.

13:23

!up veeminer

13:23

Voicing veeminer for 30 minutes.

13:24

Java updates are a scam: yes/no

13:24

yes

13:24

yes

13:25

seems they are just veiled ads

13:25

and/or reports to the mothership

13:25

[MPEX] [S.MPOE] 16563 @ 0.00094834 = 15.7074 BTC [+] {2}

13:25

[HAVELOCK] [B.MINE] 4 @ 0.0325 = 0.13 BTC [+]

13:25

I hate having to even have Java installed, but SuperMicro's IPMI requires it for remote console

13:25

fluffypony REFLASH IT

13:26

mircea_popescu: is there a non-Java IPMI bios available for their boards?

13:27

coz that shit irks me more than NameCheap's new design

13:28

nothing os afaik

13:28

leu sigh

13:28

they use what, vnc ?

13:29

I have nfi

13:29

[HAVELOCK] [PETA] 7 @ 0.0711097 = 0.4978 BTC [-] {3}

13:29

"The underlying protocol seems to be VNC, but with a different authentication scheme, making standard VNC clients useless. (Also it appears to be an OEM version of ATENs KVM/VNC stuff.)"

13:29

just use openjdk

13:30

what the hell useless. have your wizard rewrite the auth scheme

13:31

bs auth in-house giga scheme anyway, prolly more broken than a 50yo whore.

13:31

jurov: yeah I may just do that

13:32

mircea_popescu: I think there are tons of undiscovered issues with all this non-standard IPMI shit, I'm waiting for something major to hit any time soon

13:32

[HAVELOCK] [AM1] 2 @ 0.508535 = 1.0171 BTC [+]

13:32

kinda why you have to have homebrew

13:32

for these sorts of shit.

13:33

yerp

13:35

veeminer

mircea_popescu: what?

13:35

going through the londerfull log of this mrwdune dood. did he at least have the sense to locate in Guernsey ?

13:35

!up heretostay

13:35

Voicing heretostay for 30 minutes.

13:35

veeminer sorry, what what ?

13:36

[HAVELOCK] [AM1] 1 @ 0.51199997 BTC [+]

13:36

in the butt

13:37

fluffypony: how your software will handle large volumes << that's the funniest thing i read today.

13:38

mircea_popescu: well the point being that he has to have some more details on the proposal other than "money plz, will spend on sekuriteez and kode"

13:38

"and data center"

13:38

no i know, but ...

13:39

you know.

13:39

http://theconcourse.deadspin.com/which-states-hate-themselves-the-most-1567602325/+reubenfb

13:39

I know

13:39

Which States Hate Themselves The Most?

13:39

he could probably do it in PHP for the volume he's going to get

13:39

:-P

13:40

;;bc,tslb

13:40

Error: "bc,tslb" is not a valid command.

13:40

;;tslb

13:40

Time since last block: 38 minutes and 40 seconds

13:40

BingoBoingo did they leave out ny or am i blind

13:41

41%

13:41

Blind, New York was a 41%

13:41

Montana and Alaska at 77%

13:41

aok

13:41

Illinois at 19%

13:42

they just miss Obama

13:42

lol

13:46

lol counterparty.co srsly ? "pls to trade your bitcoinz for very valuable xcp"

13:46

Chicago dragging down the good middle of nowhere we have

13:47

https://forums.counterparty.co/index.php/topic,289.msg2078

13:47

4/23 - URGENT COUNTERWALLET.CO SECURITY NOTICE

13:47

What Happened

13:47

Due in part to this process, we have been notified of a security bug in bitcoinjs-lib (the bitcoin javascript library counterwallet uses) that was internally disclosed to us by the bitcoinjs-lib team yesterday evening. We worked with them on applying a fix, which was made live late last night and this security notice was drafted pending confirmation from the team. However it appears the bug has already been exploited i

13:47

n the wild to take BTC.

13:47

[HAVELOCK] [AM1] 2 @ 0.50200001 = 1.004 BTC [-]

13:47

[HAVELOCK] [AM100] 227 @ 0.0044 = 0.9988 BTC [-] {3}

13:48

somehow i seem to have missed this ? did bitcoinjs announce something ?

13:48

[HAVELOCK] [AM1] 1 @ 0.50200001 BTC [-]

13:48

[HAVELOCK] [AM100] 113 @ 0.0044 = 0.4972 BTC [-]

13:48

LOL

13:48

what a fail

13:49

wait, there's more.

13:49

"After scoring a major grant awarded by the Bitcoin Foundation, Coinpunks beta version is finally available. The project, which is being developed by the veteran startup founder Kyle Drake, intends to build the first fully open-source, self-hosted do-it-yourself Bitcoin wallet service that you can run on your own server."

↖

13:49

"To reward the work of the developers, Drake is offering three bounties of 0.20 BTC each for anyone that finds and fixes (via pull request) any bugs/code issues that potentially cause wallet data loss, a major security bug in the Coinpunk wallet code (coinpunk/models/wallet.js), bitcoinjs-lib, or in the random number generation code."

13:49

[MPEX] [S.MPOE] 6041 @ 0.00094962 = 5.7367 BTC [+]

13:49

the... wait for it... the random number generation code.

13:50

can i get a cup of coffee now ?

13:50

oh I saw that - it's a web wallet that you host yourself, because that seems like a great idea

13:50

because statistically speaking people know how to secure shitty/cheap VPS instances

13:50

Now selling random numbers, .01 btc each!

13:50

it's a "wiggle mouse here" kind?

13:50

[HAVELOCK] [AM1] 1 @ 0.50200001 BTC [-]

13:50

[HAVELOCK] [AM100] 112 @ 0.0044 = 0.4928 BTC [-] {3}

13:51

but srsly, anyone heard of this major bitcoinjs-lib hole ?

13:51

[HAVELOCK] [AM100] 71 @ 0.0044 = 0.3124 BTC [-] {3}

13:52

(incidentally, the rng of the java thing is particularly atrocious. piuk (blockchaininfo) made some fixes on a fork)

13:53

[HAVELOCK] [AM1] 2 @ 0.502 = 1.004 BTC [-]

13:53

[HAVELOCK] [AM100] 327 @ 0.0044 = 1.4388 BTC [-] {4}

13:54

;;tslb

13:54

Time since last block: 53 minutes and 9 seconds

13:55

zactly when i need it

13:55

jurov: re: bots - consider some simple examples, you can probably think of

13:55

record

13:55

i did think of, and made countermeasures when i ran mine

13:55

but did not try to actively exploit

13:55

jurov: e.g. if you can figure out that mr. whale runs bot with 'stop loss' at $x/btc, you can estimate resulting price move, effect on other such machines

13:56

no rocket surgery, this

13:57

okay

13:58

jurov: at the time i simply itched to write 'something with ai' that 'could money'

13:59

https://www.youtube.com/watch?v=0USm3AilHiU - good tune to start your fridays ;]

13:59

ZHU - Moves Like Ms. Jackson (Outkast Cover) - YouTube

14:01

<fluffypony> coz that shit irks me more than NameCheap's new design << dude, glad it's not just me. i seriously thought i'd gone to the wrong place for a second

14:01

did you try it live ascii?

14:01

ebay

14:01

woops wrong windows

14:01

moiety: their old interface wasn't pretty, but I'm buying a domain...I wouldn't mind an ncurses interface if it worked well

14:02

kakobrekla: tried it on recorded data stream from 'btc-e'. 'won' on some segments, lost on others. then mp gave me a demo account on mpex, where bots do no good, and i lost interest

14:02

kakobrekla: if you actually find this interesting, i can say more

14:02

1hr since last block..

14:03

what happens if it reaches 1MB?

14:03

i sort of assumed that everybody here had tried their hand at such things personally

14:03

fluffypony: it now looks like a hipster site of some sort

14:03

yes continiue

14:03

do all transactions go to the next block once its mined?

14:03

fluffypony: oh and i dont mind what the site is like, as long as it isn't godaddy tbf

14:03

moiety: yeah, until you need to manage a domain, then you have the old interface iframe'd in to the Hipster Header

14:03

kakobrekla: i concluded that one could actually do an interesting 'predator bot' if it has a heavy bag of coin to 'shake around' and cause (however small) price moves on demand.

14:03

^

14:04

well i did have some robots on btcusd back in the day but prolly nothing as sophisticated as you

14:04

fluffypony really they backed off over twitter threats and general discontent

14:04

you should have seen the original version

14:04

kakobrekla: perhaps i'll test this hypothesis one day. right after my nuke sub, etc.

14:04

i actually have hosting with namecheap D:

14:04

asciilifeform trader experience is that any strategy that starts with "if you had a lot of money" is a loser.

14:05

^

14:05

this is counter-intuitive perhaps, but quite true

14:05

mircea_popescu: i believe it. notice i've no truck with any such thing at present.

14:05

moiety: I have a VPS with them that runs an Electrum server, and then all my international (non-.co.za) domains are with them

14:05

don't recall how it came up.

14:05

well with inifinite moneey theres no issue for sure

14:05

except for a handful of domain hacks for TLDs they don't offer

14:05

yeah. the master model of the preoblem is "cornering X market", such as the 5 i think to date attempts on silver/gold

14:05

the point wasn't to merely 'with enough money' but specific target - dumb bots

14:05

when they opened up a uk data centre, they gave too good a deal. what i dont like is the hoops you have to jump through to get ssh access fluffypony

14:05

the copper pair and so forth

14:05

it NEVER works. it always seems like it just might.

14:06

moiety: is that for shared hosting or a VPS?

14:06

i don't for a minute imagine it'd work against humans

14:06

asciilifeform no but that's always what it is, "dumb x". the mkt isnt dumb

14:06

just shared, im not in anyway ready for vps type affairs fluffypony XD im just getting to grips with ssh!

14:06

i originally had the thought when noticing a proliferation of particularly dumb bots running on gox etc

14:06

ah ok ok :)

14:06

many, with published source

14:06

asciilifeform from a mathematical standpoint : the most important quality of markets is that you can't isolate participants.

14:07

a very sorry sight, all of them

14:07

but yeah i remember that bs.

14:07

believe me when i have anything worth showing i'll be begging you all to take a tour :D (just be dont make me cry if im super proud!)

14:07

this was how mtgox managed to lose daytrading.

14:07

in some particular cases (online poker table) you can in fact isolate the idiots (at least, long enough to squeeze juice)

14:07

the idea was to engineer such a case

14:08

but this is boring story.

14:08

its impossible for me to do buy/sell bot on btc, im stuck in bull mode since ever, so my only game was straight forward arb

14:08

i only tell it because i was foolish enough to mention it once here, and then kako asked 'how did it end'

14:08

anyone remember https://blockchain.info/address/1HKywxiL4JziqXrzLKhmB6a74ma6kxbSDj btw ?

14:08

yeah blame it on kako

14:09

lol

14:09

kakobrekla means "that's who she blamed" in slovenlyan right ?

14:09

thats who she slandered

14:10

whats that addy ?

14:10

kakobrekla: the Android Java RNG hack

14:10

kakobrekla remember the android hole last year ?

14:10

aye.

14:11

the random() return 4; ?

14:11

[HAVELOCK] [AM1] 1 @ 0.49907271 BTC [-]

14:11

[HAVELOCK] [B.MINE] 5 @ 0.03154 = 0.1577 BTC [-] {2}

14:12

[HAVELOCK] [RENT] 400 @ 0.0075 = 3 BTC [+]

14:12

the damage is rather small

14:12

kakobrekla: aye, and duplicate signature nonces, and the obvious consequences

14:12

myea

14:13

MrWDunne: Also the actual business plan is a 25 page PDF << i like this part best so far.

14:13

re: IPMI: lol let's put a piece of remote-controlled strange on the system bus.

14:13

gonna be great.

14:14

i parsed it as "25 kg PDF" for some reason

14:14

asciilifeform: yeah I know, but it's better than our dedicated box at a DC here where I have to log a fault and they send an engineer out to press enter on the keyboard because it's stuck at the grub screen

14:14

is it better for the pdf to be heavy or long ?

14:14

kakobrekla: i'm one of those weirdos who likes to print docs (mainly chip datashits) and has encountered 25kg pdfs.

14:14

:D

14:15

I think it's important for PDFs to have images that haven't been compressed or resampled, because you really want that small logo at the top left to be a 2.5mb PNG

14:15

fluffypony: an ordinary 'ip kvm' solves this

14:15

the people pushing crap like ipmi have other motivations.

14:15

asciilifeform: agreed

14:16

https://pbs.twimg.com/media/BmFYGWkCMAE8CK6.jpg

14:16

russians caged like animals. art project.

14:16

fucking losers these kids. if i were 20 and doing a lulzy project like that, the russki'd be naked.

14:17

lel

14:17

'djvu' is better format for scans, anyway

14:17

1/20th the size & rendering time

14:18

a little like the diff. between 'mp3' and 'wav'

14:19

so romania has a large lawyer's forum, where pretty much everyone that's not fucktarded in the profession has an account. think fuckedcompany, except for lawyers.

14:19

http://www.avocatnet.ro/content/forum%7CdisplayTopicPage/topicID_423694/Vanzare-papagal-pentru-o-partida-de-sex-Cum-recuperez-pasarea.html

14:19

Vanzare papagal pentru o partida de sex Cum recuperez pasarea? Pagina 1 - Forum, Avocatnet.ro

14:19

people ask for free advice all the time. some of the shit's pretty weird.

14:20

this guy threw a party, asked a girl to sleep with him, she said she'll do it if he's "generous"

14:20

except, she wants no money, he wants is macaw

14:20

so he gives it to her.

14:20

then, the next day, guy realises that the bird costs 2500 euro and besides, he had it since it was a chick and htey had a special relationship

14:21

so... can he sue ? should he report her for prostitution ? is there some fruits of the poisonous tree doctrine ?

14:21

hilarity ensues.

14:22

sounds more like 'enjo kosai' than prostitution

14:22

he's got nothing there, nobody ever granted a cause for anything but the most outrageous streetwalking.

14:23

prostitution is , in the romanian legal tradition, a part of the creating a public disturbance/being a bum area.

14:24

in english world, 'soliciting'

14:24

"soliciting while being poor, unpleasant and unattractive, in a loud and obnoxious manner"

14:25

how else could it work.

14:26

'... for if it prospers, none dare call it treason' etc

14:26

i guyess

14:26

i dunno, the us is no longer sane, so one feels bound to insist.

14:27

wait this was in us?

14:27

no no but you are :D

14:27

lol

14:27

hehehe

14:28

btw, anyone here with a lot of insurance experience or connections ?

14:29

[MPEX] [S.MPOE] 6800 @ 0.00094962 = 6.4574 BTC [+]

14:34

http://www.unitedliberty.org/articles/17407-nra-to-push-national-reciprocity-for-concealed-carry-permit-holders?utm_source=twitterfeed&utm_medium=twitter

14:34

NRA to push national reciprocity for concealed carry permit holders | United Liberty | Free Market -

14:34

mircea_popescu: this has been an 'any day now' thing forever.

14:34

hey, if fags can be married everywhere regardless whether they married, why shouldn't rednecks carry wherever they go.

14:35

the strat is sound, that's how you push it.

14:36

http://img.thesun.co.uk/aidemitlum/archive/01963/breast_1963596a.jpg

14:36

http://pagesix.com/2014/04/24/warren-buffet-ordered-dairy-queen-a-coke-at-four-seasons/

14:36

Warren Buffet ordered Dairy Queen, a coke at Four Seasons | Page Six

14:36

i swear to god i'd have kicked him out.

14:36

[MPEX] [S.MPOE] 1400 @ 0.0009503 = 1.3304 BTC [+]

14:36

ThickAsThieves looks like the right tit for the job.

14:37

"Sharon Spink is used to turning heads when she breastfeeds her daughter in public." lol

14:38

'buffet drinks the same coke as the beggar drinks' - literally true

14:38

sharon spink soulds like a super villain name

14:38

her power could be... i dunno, snatch.

14:38

buffet resorts to shilling, another sign it's over

14:39

The ketchup on my kobe better be Heinz!

14:39

ThickAsThieves prolly just codgery.

14:40

Meanwhile, pretty young things swarmed Warren as soon he walked through the doors, asking to have photos taken with him, said one observer. He graciously did it. A few people asked him to open his wallet in the picture. Oddly enough, he did this too. According to the onlooker, Buffett had just a few dollars in his wallet. The source added, Hes more popular than the Dalai Lama!

14:40

jesus these people.

14:40

whats wrong with coke, its got sugar, caffeine and co2, all the bad shit you can have in one bottle

14:40

the poison of choice

14:40

ThickAsThieves: what in actual...eugh...

14:41

remind me never to click on breast.jpg links from TAT

14:41

i dun get the hate

14:42

maybe because ima beggar .

14:42

lil girl was thirsty, dont judge

14:44

be glad WB did not order frappucino

14:44

jurov: thus secretly revealing himself to be Karpeles' father?

14:44

s/father/grandfather

14:45

http://pastebin.com/TrZeKFXs << is this fud ?

14:45

"About a week ago some colleagues and I discovered a set of x509 certificates wh - Pastebin.com

14:45

[MPEX] [S.MPOE] 4600 @ 0.00094933 = 4.3669 BTC [-] {2}

14:46

Hmmm... Who has windows?

14:46

BingoBoingo: I have an XP VM I can fire up

14:46

i don't have samples.

14:46

'nsakey'

14:47

oh XP is negative

14:47

nm

14:47

i have some windows systems, but none are fresh

14:48

first catch loch ness monster, then consider how to skin & stuff her.

14:51

so ive had solar power for 3 days now, they come to collect check for install and say, hey yknow you should shut this off, because the new meter isnt installed by power co, it's actually making the count go up not down

14:52

so basically i'm gonna be billed for like 400kw of power i gave to elec co

14:52

hahaha

14:52

wait you made 400kw in 3 days ?!

14:52

where the fuck do you live, the pentagon ?

14:52

340m i just checked it

14:53

340kwh

14:53

let me guess, heat pump.

14:53

wtf.

14:53

;;calc 340 / 3 / 24

14:53

4.72222222222

14:53

5kW installed ?

14:53

we have 38 units on the roof

14:53

10k system

14:53

hey... more power to you.

14:53

lol

14:53

he says itll perform closer to 9

14:53

per mo

14:54

i'd not use 24 hours in solar panel calculations

14:54

no one would

14:54

lol

14:54

moonlight!

14:54

oh you did

14:54

hehe

14:54

nah he's got an antipodal cable & 2nd set.

14:55

lol

14:55

that's how he gets news about China first?

14:55

best tin can phone ever

14:56

guess how much the sys cost

14:56

including hybrid water heater (not solar)

14:56

$14k

14:56

thank you obama

14:56

gov.-subsidized, ah

14:56

lmao the derpage.

14:56

http://3w.blogidol.ro/2014/04/dmca-takedownvali-petcu-aka-zoso.html

14:56

DMCA takedown–Vali Petcu aka Zoso | Blog Idol ro

14:57

wow, ThickAsThieves we'd pay $37k-ish for that here

14:57

tl;dr : blogger butthurt over blogger.com having deleted some pix off his blog. turns out... he had stolen them from some guy who had stolen them from trilema

14:57

yeah it's $44k before rebates and shit

14:58

ThickAsThieves pretty sweet deal. i'd drop 15k on a 10kW solar system.

14:58

how much roof you got ? do they use all or just half ?

14:58

half

14:58

likewise, in a heartbeat

14:58

i was like i want more panelz!

14:58

what surface ?

14:58

that blogger is ridiculous btw

14:58

?

14:58

mircea_popescu: betcha you could buy a soviet rtg pod for <$10k

14:58

facing east and south

14:59

ThickAsThieves what surface is your roof

14:59

like, in sq fett

14:59

no idea

14:59

zese marketing ppls.

14:59

house is like 2700 sq ft if you incl garage

14:59

you live there! a ok so like 5k

14:59

[MPEX] [S.MPOE] 8800 @ 0.0009503 = 8.3626 BTC [+]

14:59

pretty sweet.

15:00

they got a similar system here but it dopesn't cover 2/3 of the cost, more like 1/3, and the red tape is beyond obnoxious.

15:01

the install co handled all red tape

15:01

it's some kinda lottery thing

15:01

where they have to bombard th computer system when lottery goes live

15:01

we were like 8th on waiting list, which is basically a shoe-in

15:02

actually a 50kw solar plat that i know of comes online with just over 50w on a clear night

15:02

also moon.

15:03

:D

15:03

dooglus

https://just-dice.com/mpif tells you the current S.MPIF JD investment size

15:03

dooglus ah now that's some sweet coding

15:03

kakobrekla: probably more from light pollution (city lights reflected down)

15:03

no no asci its from the moonž

15:03

-ž

15:05

dat jf mpif manager has great performance

15:05

jd*

15:05

give him a raise

15:06

dooglus: moiety would love if that had a responsive hipster layout with lots of CSS and jQuery

15:06

dooglus now if only cloudflare didn't redirect me to root

15:06

install a button that let;s you up the font size too

15:06

50.23890514 so wait omfg, this is up... 0.4% ?

15:07

Duffer1

ctrl + mousewheel TaT

15:07

tis a jok

15:07

we haven't even started yet o.O

15:07

Duffer1

oh

15:07

that's 146%/year!

15:07

*

moiety puts on specs that have no glass

15:07

buy buy buy

15:07

i thought this was gonna be a competition.

15:08

;;calc ((0.23890514/50)+1)**365

15:08

5.69651294191

15:08

469% even

15:08

much extrapolate

15:09

wow

15:09

http://www.breitbart.com/Breitbart-London/2014/04/23/Why-my-daughter-doesn-t-recycle-an-economics-professor-s-letter-to-his-child-s-teacher

15:09

'Why my daughter doesn't recycle': an economics professor's letter to his child's teacher

15:09

jurov CLEARLY ITS A GOLF CLUB PATTERN

15:09

yes.. and if cloudflare didn't prevent me from getting it through code. gotta love cloudflare.

15:09

dooglus do you have assbot ip whitelisted ?

15:09

mebbe kakobrekla adds it to !jd command

15:09

similarly https://just-dice.com/wagered.txt is not accessible from scripts.

15:10

which is annoying for people trying to automatically genrate statistics to report on such things :)

15:11

^

15:11

cloudflare sucks

15:11

why are people still using it

15:11

assbot is whitelisted for the general stats, i dont know if that coveres the new link

15:11

dooglus mike_c runs http://www.btcalpha.com/ prolly want to be on his good side :p

15:12

he is, as he was very helpful when i was writing up the original post on JD. but easier access to stats would be nice.

15:13

[MPEX] [S.MPOE] 850 @ 0.0009503 = 0.8078 BTC [+]

15:14

[MPEX] [S.MPOE] 3750 @ 0.00095057 = 3.5646 BTC [+] {2}

15:15

hey mike_c can we add BTCXChange on btcalpha?:p

15:16

well, it's more geared towards btc investments. not sure what I would put up.

15:17

ah

15:17

Anyone know of any Bitcoin businesses in Ohio? My company may be purchasing a huge complex, and want to create a facility that can house crypto startups

15:17

although i am sure you will get a mention/link when i cover s.mpif

15:17

so you gonna do real time coverage of mpif mike_c ?

15:17

mrstickball: rentalstarter?

15:18

other than them

15:18

kakobrekla: interesting idea.

15:18

RentalStarter, BuyAHash and Adeally are out of Ohio

15:18

looking for others

15:19

[HAVELOCK] [PETA] 2 @ 0.0719029 = 0.1438 BTC [+]

15:19

i would say these are exciting times.

15:19

mircea_popescu: only if you didn't have me on ignore

15:19

dunno about that

15:19

i'm pretty bored

15:21

are there still forumites 3D printing things for btc?

15:23

moiety 3dtlac.com (not forumites, but gave me nifty btc keyfob)

15:23

oooo thanks very much jurov!

15:24

oh i like their rainbowness too

15:25

I lost funds in that counterparty bug; nice to see that they are offering reembursements now.. gonna have to follow those steps i guess

15:27

I told them about it at least a week ago; took them until now to officially admit it was a problem on their end?

15:27

how much did you lose, how did you find the problem etc ?

15:28

and they seem to be claiming it was a problem with bitcoinj which i find somewhat dubious

15:30

about 0.3 BTC (not that much)

15:30

I was one of the first users of their web wallet

15:30

aha

15:31

[MPEX] [S.MPOE] 6252 @ 0.00094837 = 5.9292 BTC [-]

15:31

I found out after I had finished moving all my assets to their new web wallet, went to eat breakfast, come back to see my BTC has been moved

15:32

I started the asset MEAT on the counterparty exchange, which until very recently was the only asset traded on there

15:33

!up joecool

15:33

Voicing joecool for 30 minutes.

15:33

but I stopped using it ever since that bug happened, and also because everyone in here advised me to leave

15:40

that's because counter party will likely become GLBSE

15:41

"My impression is that the feel-good guys are incompetent and stupid and need others to be nice to them because if other people were fair and just to them, they would suffer tremendously, and therefore defend other incompetent and stupid people because they can identify with the sloppy bastards, but not with those who actually do their job well and have that as their primary motive and their reason both for asking ques

15:41

tions and providing answers to problems from others who also want to do their job well and who find their enjoyment in their capacity to do just that."

15:41

gnarly phrase competition winner.

15:41

norwegians ftw.

15:41

mircea_popescu: who said that?

15:41

noggin

15:41

i mean naggum

15:41

wait.

15:41

ibsen.

15:41

there we go :D

15:42

thestringpuller http://www.xach.com/naggum/articles/3243007932071437@naggum.no.html

15:42

asciilifeform's link

15:43

i like digging out unexploded shells from great flamewors of teh past

15:43

but i'm a weirdo

15:44

norse flamewhores

15:44

pulled by housecat chariot.

15:44

Act from reason, and failure makes you rethink and study harder.

15:45

that's a good quote

15:45

speaking of, if anybody wants a 'compact' dead lang, - old norse

15:46

http://norse.ulver.com/dct/zoega/

15:46

[MPEX] [S.MPOE] 17500 @ 0.00094541 = 16.5447 BTC [-] {3}

15:48

[HAVELOCK] [ALC] 800 @ 0.14 = 112 BTC

15:49

!up belcher

15:49

Voicing belcher for 30 minutes.

15:50

[HAVELOCK] [PETA] 4 @ 0.0713 = 0.2852 BTC [-]

15:52

for anyone fond of naggumisms (whether to cheer or vivisect,) here's more -

15:52

http://www.loper-os.org/?p=165

15:52

Loper OS » The Wisdom of Erik Naggum

15:52

(yeah posted here before, ages ago)

15:52

http://i.kinja-img.com/gawker-media/image/upload/s--E7j7p4lU--/c_fit,fl_progressive,w_636/jkgwlgpzwrgbycvi3u85.jpg

15:52

is woman holding geiger counter ?

15:53

i think that's an ipod

15:53

'rio' mp3 player.

15:53

damned 1940s hipster time travelers

15:53

;;google radio portabil ric

15:53

portable ladies mirror

15:53

http://www.minidisc.org/RioPlay.gif

15:53

Portable AM/FM Radios | eBay: <http://www.ebay.co.uk/sch/Portable-Radios-/96954/i.html>; RBR-4 — Standards for the Operation of Radio Stations in the ...: <https://www.ic.gc.ca/eic/site/smt-gst.nsf/eng/sf10650.html>; RIC-7 — Basic Qualification Question Bank for Amateur Radio ...: <http://www.ic.gc.ca/eic/site/smt-gst.nsf/en/sf09338.html>

15:55

http://i.kinja-img.com/gawker-media/image/upload/s--I7BrG8aK--/c_fit,fl_progressive,w_636/nsrieshcfpe5judn5k1r.jpg

15:55

Buy.More.Bonds.

15:55

Great Justice

15:55

http://edition.cnn.com/2014/04/24/world/asia/japan-whaling/index.html?sr=tw042514whalehunting330pstorylink

15:55

Japanese whaling to continue despite court ruling - CNN.com

15:55

this'd be apretty cool advertising ploy for s.mpif

15:56

TomServo

no loafing!

15:57

now for the pepsi:

15:57

http://www.bestads.lt/wp-content/uploads/2011/01/SovietPropaganda6.jpg

15:58

the funniest one is the KEEP CLOTHI

15:58

what was it, on or off ?

15:58

http://i.ebayimg.com/t/Original-Soviet-Poster-1963-Factory-Industrial-Very-Rare-Russian-Propaganda-/00/s/NzAwWDcwMA==/z/eyYAAOxyUrZSrLJv/$_58.JPG

16:00

'here great machines must sit forgot / because the idler wants to nod...'

16:00

http://www.vox.com/2014/4/25/5653390/chipotle-s-calorie-labels-are-a-lie

16:00

calories ? 10 to 900

16:06

[HAVELOCK] [PETA] 2 @ 0.07182 = 0.1436 BTC [+]

16:07

someone's visiting the chipotles at the tail of the upgrade cycle

16:07

any reasonably high-traffic chipotle publishes numbers for individual items, eg guac, sour cream, cheese, various salsas, the different meats...

16:08

plus also lets ignore that the base measure is +/- 20% iirc, cuz what's research anyways when you're chasing provocative headlines.

16:09

[HAVELOCK] [HIF] 1999 @ 0.0002289 = 0.4576 BTC [+] {3}

16:09

mircea_popescu: did you ever encounter the tale of 'подвиг радиста' as schoolboy?

↖

16:09

mnop

16:09

what's this about Chipotle publishing numbers for items?

16:09

how does that work, benkay

16:09

mircea_popescu: http://www.stalingrad-battle.ru/images/stories/ris42.jpg

↖ ↖ ↖ ↖ ↖ ↖

16:09

benkay o hey, im a total noob when it comes to all these topics

16:09

asciilifeform lol "dreaming of kansas" ?

16:10

what's that supposed to be of, asciilifeform ?

16:10

mrstickball: fellow who pinched a broken wire with his teeth, died in the correct position

16:10

one of those soviet legends that 'everybody knew'

16:10

if modern sysop monkeys had myths & legends, they'd pick up this one

16:11

https://www.youtube.com/watch?v=MQm5BnhTBEQ now guys in the desert, they get bored hardcore ;o

16:11

Saudi's Again Changing Wheels/Tyres while driving - YouTube

16:12

[MPEX] [S.MPOE] 22800 @ 0.00095136 = 21.691 BTC [+] {4}

16:12

so he pinched a wire with his teeth and got electrocuted?

16:12

field telephone.

16:13

he kept the current flowing, even in death

16:13

i see

16:13

that's the legend anyway

16:14

interestingly, подвиг doesn't translate to eng.

16:14

naphex why are both front and rear wheels stationary?

16:14

differential probably

16:15

they'd still be spinning though, right? diff only has an effect when turning.

16:16

unless it's some crazy e-diff? and they've hacked it to say 'don't spin up wheel'?

16:16

mircea_popescu http://imgur.com/VG85ul7 < this is pretty close to the final draft

16:16

nah i it's the same on my audi/quattro

16:16

nubbins` ahaha

16:16

if wheel doesn't do contact it doesn't spin

16:16

the bearded dragon lighther

16:17

now imagine two of those straddling a shield with some leafwork on top/bottom

16:17

do i get a heart butt tattoo ?

16:17

probably the diff or systems like ASR/ESP, not really sure.

16:17

men would go to war under such a banner!

16:17

i think that might be from the ol' heart-shaped-sticker-in-the-tanning-booth trick, but i'm not sure

16:18

ASR only operates in conjunction with the Electronic Accelerator (E gas) and uses components of the Anti-lock Brake System (ABS). If one wheel suddenly begins to rotate faster than the others (slip), ASR intervenes in the engine management system and reduces power until the wheel stops spinning.

16:19

http://imgur.com/1vmEJij

16:19

imgur: the simple image sharer

16:19

http://imgur.com/pOhMaAm

16:19

imgur: the simple image sharer

16:21

muy hipster!

16:21

lol, google's best transl. of 'подвиг' is... 'exploit.'

16:26

[HAVELOCK] [HIF] 500 @ 0.00023001 = 0.115 BTC [-]

16:28

[HAVELOCK] [B.MINE] 7 @ 0.03252 = 0.2276 BTC [+]

16:28

[MPEX] [S.MPOE] 8108 @ 0.00095174 = 7.7167 BTC [+] {2}

16:34

[HAVELOCK] [ALC] 850 @ 0.14 = 119 BTC

16:36

http://imgur.com/a/OKLDf

16:36

Balconies are for the Birds - Imgur

16:36

asciilifeform: isn't подвиг heroic deed?

16:37

:D

16:38

asciilifeform, also i think you assume there was more cultural exchange between ussr and its colonies than there actually was

16:38

here

16:38

for the hipsters

16:38

http://spagni.net/jdmpif/

16:38

iirc, it was actually discouraged because it would create conternation on both sides

16:38

*consternation

16:39

mike_c: I figured out how to scrape through CloudFlare, if you need me to make the jd mpif number available for you or explain how to walk past cloudflare

16:39

complete PITA

16:39

http://oglaf.com/illusionist/

16:39

the Illusionist

16:39

there's a lesson there

16:39

yeah.. i've seen PITA ways with scraping the cloudflare response, grabbing the JS shit and posting some form or something.

16:40

all of which breaks when cloudflare tweaks their page

16:40

oh

16:40

i didn't feel like participating in the arms race

16:40

no, this is unbreakable

16:40

oh? do tell.

16:40

lemme pastebin

16:41

http://pastebin.com/raw.php?i=v0Zscx9Q

16:41

phantomjs script

16:41

just /usr/bin/phantomjs that script

16:42

it loads the page, lets the js/meta-redir/whatever they add execute for 10 seconds

16:42

and then dumps the page down

16:42

you end up with: <html><head></head><body><pre style="word-wrap: break-word; white-space: pre-wrap;">50.24414705</pre></body></html>

16:42

so you still have to strip tags

16:43

but it'll work for all changes except a captcha, and you can run it every 10s

16:43

ah. i thought about doing something like that with selenium. i haven't tried phantomjs.

16:43

thanks

16:43

mike_c: guess i'll need to feed you marketmaker bot's trades, yo?

16:43

i don't know if i'll go that route though. i hate web scraping.

16:43

selenium is nice, phantomjs is headless

16:43

just get whitelisted

16:43

jurov: yeah, that would cool. if you provide it I will ingest it

16:43

I hate having to have a UI on a server, lol

16:44

jurov you will be mm on mpif ?

16:44

[HAVELOCK] [PETA] 4 @ 0.07000335 = 0.28 BTC [-] {3}

16:44

[MPEX] [S.MPOE] 12916 @ 0.0009455 = 12.2121 BTC [-] {3}

16:44

whitelist what, IP address? api keys would be nicer.

16:44

kako yes, TAT declined, so mp asked me

16:44

cool

16:45

[MPEX] [S.MPOE] 20080 @ 0.00094464 = 18.9684 BTC [-] {3}

16:46

mike_c yes ip

16:47

or i can proxy it for you

16:47

i like that idea

16:47

dammit.

16:47

[MPEX] [S.MPOE] 6500 @ 0.00094403 = 6.1362 BTC [-]

16:47

:D

16:47

hah

16:48

IP whitelists are just PITA for everyone. api keys are so much easier..

16:48

yeah except CloudFlare doesn't support anything like that

16:49

Naphex http://trilema.com/2013/the-strange-case-of-the-delusionist-and-later-stories/

16:49

[HAVELOCK] [PETA] 2 @ 0.07170659 = 0.1434 BTC [+] {2}

16:50

oh, while I know next to nothing of trading, I have a possible mm candidate: moriarty, the one of spamming come to ##econometrics (in)fame

16:50

hey hanbot is 'hanbot' an acceptable way to refer to you now that you're not stalking the forums as 'MPOE-PR'?

16:51

;;gettrust moriarty

16:51

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

16:51

you gotta be kidding me.

16:51

[HAVELOCK] [AM1] 1 @ 0.5000001 BTC [+]

16:51

[HAVELOCK] [AM100] 50 @ 0.00439988 = 0.22 BTC [-]

16:51

your due diligence is going to be a bit of a whale, yes

16:52

fluffypony: surely you can have URL patterns that don't get cloudflared? if not, stats.just-dice.com would work.

16:52

[HAVELOCK] [AM100] 63 @ 0.0044 = 0.2772 BTC [+]

16:52

+ CDN worth its name

16:53

mike_c: I don't know if you can exclude it in CF's PageRules, never bothered checking, but you can have a subdomain (CNAME / A record) and just turn CF protection off for it

16:53

which is what most do - www. and @ is protected, api. is not

16:53

mircea_popescu: :D

16:53

(and api normally lives on separate hardware so the site stays up in the event of a DDoS on the API layer)

16:54

i suggest just using normal CDN

16:54

for it

16:54

or just set up your own proxy/load balancer/cleaner

16:54

cloudflare just setup varnish

16:55

[HAVELOCK] [AM100] 440 @ 0.0044 = 1.936 BTC [+]

16:55

i got like ~100GB/s DDoS protection from the datacenter, after they cut upstream

16:58

hanbot

benkay hanbot's fine, or hannah, mpoe-pr, whatever. just don't call me eddie-baby. http://www.youtube.com/watch?v=NXhnzIO5N30

16:59

late for dinner it is, then.

17:00

[HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]

17:02

[HAVELOCK] [AM100] 227 @ 0.0044 = 0.9988 BTC [+] {2}

17:03

benkay: always late for everything except for every meal?

17:04

[HAVELOCK] [AM100] 70 @ 0.0044 = 0.308 BTC [+]

17:05

;;ticker

17:05

Bitstamp BTCUSD ticker | Best bid: 463.5, Best ask: 466.17, Bid-ask spread: 2.67000, Last trade: 466.17, 24 hour volume: 32390.83705859, 24 hour low: 438.05, 24 hour high: 505.0, 24 hour vwap: 465.483723915

17:05

dag.

17:09

!jd

17:09

Just-Dice stat: 16476 BTC profit, 36.1k BTC invested, 1100.33 mio bets, 5.20 mio BTC wagered

17:09

!jd mpif

17:09

Current MPIF account balance on Just-Dice: 50.24467048 BTC

17:09

ha!

17:09

splendeed

17:10

btw, you have one for panacea too ? :D

17:10

could be !mpif, spits out jd, panacea :D

17:10

i dun think i can do that there because of the fee structure

17:11

[HAVELOCK] [ALC] 10 @ 0.14 = 1.4 BTC

17:11

[HAVELOCK] [COG] 21 @ 0.00737639 = 0.1549 BTC [-] {2}

17:11

oh

17:11

but i mean... at any point you must somehow know the maximum im allowed to withdraw

17:11

like i go... pls to pay me back 100 btc. you say well... you ain't got 100 btc. how do you know i don't ?

17:12

[HAVELOCK] [PETA] 10 @ 0.07117736 = 0.7118 BTC [+] {2}

17:12

[HAVELOCK] [AM100] 47 @ 0.0044 = 0.2068 BTC [+] {3}

17:12

like we discussed, the accounting is done at the end of the month

17:12

at that point withdrawals are done

17:12

ah yeah. a fixed figure for 1 month isnt too useful

17:12

aite!

17:12

theres 2 things

17:13

- you can see the trades so you can estimate something from that

17:13

maybe add the trades in chan ?

17:13

iirc they weren't very numerous

17:13

i think its 5 this month

17:13

so add them to assbot feed.

17:16

[HAVELOCK] [RENT] 100 @ 0.0075 = 0.75 BTC [+]

17:17

[HAVELOCK] [RENT] 40 @ 0.0075 = 0.3 BTC [+]

17:17

[HAVELOCK] [ALC] 900 @ 0.14 = 126 BTC

17:22

what's the endgame for counterparty look like?

17:22

it's not a classic GLBSE in the sense that someone's going to shut it down. theoretically anyone can walk the 'exchange' at any time and discover the assets available for trade.

17:23

i guess the real question is 'is there an endgame for distributed exchanges'?

17:25

to fall into obscurity?

17:25

if exponential decay counts as endgame.

17:25

provided that the codebase is solid, which us pretty strong assumption

17:25

but they can't even fall into obscurity - noobs are still going to show up and want some return.

17:26

i guess i'm assuming someone does a 'distributed' 'exchange' adequately at some point in the future.

17:26

on the other end of scale, planetary bubble?

17:27

ugh

17:27

fortunately no contemporary distributed systems can support 10e9 shareholders

17:27

do not want

17:29

actually, if p2p trading system that can truly do that gets invented, i think it's inevitable

17:30

global bubble?

17:30

[MPEX] [S.MPOE] 7400 @ 0.00095013 = 7.031 BTC [+] {2}

17:30

yes

17:30

benkay the endgame for it is now

17:30

this is it. same as ripples.

17:31

mircea_popescu, ever seen the thick of it / in the loop? https://www.youtube.com/watch?v=0MSScBIopM8 Alistar Cambell loved it ;]

17:31

if counterparty does take off, I have some choice asset names squatted

17:32

^

17:32

mircea_popescu: how? if it doesn't have a website that can be shut down and is decently resistant to double spends?

17:32

just one of the many problems with "distributed" shits

17:32

(the latter remains to be seen)

17:33

jurov exactly the way myspace went. servers no purpose, has no utility. its entire lifetime is its endgame

17:33

mircea_popescu: those problems won't stop people from using it to sell seekyoorities

17:34

nothing's stopping people from using myspace to organise major concerts,

17:34

nothing stopped yahoo from recruiting their ceo on linkedin

17:34

etc.

17:34

soft constraints.

17:34

"major" "ceo" are orders of magnitude beyond the scope of btc scams.

17:35

i deleted my linkedin a couple of days ago

17:35

benkay the purpose of a stock exchange is major and ceo.

17:35

kakobrekla: hipster!

17:35

is that what they do now?

17:35

mircea_popescu: the purpose of a scam exchange is no accountability and access to pennies from paupers

17:36

yea ok.

17:36

like the purpose of myspace/linkedin etc is advertising and "user data"

17:36

[HAVELOCK] [B.MINE] 30 @ 0.03281792 = 0.9845 BTC [+] {8}

17:37

is it?

17:37

I don't think the tech is fundamentally flawed, I think there's a lot of good stuff and good ideas underlying it all...I just think that anything like that is only really going to be useful in 20+ years when the current banking/regulation systems are significantly different from today

17:37

when accountability can be controlled programmatically instead of enforced by the po-po

17:37

i thought facebook/myspace were "VC Gems"

17:37

<+fluffypony> when accountability can be controlled programmatically << that hurt my brain.

17:38

fluffypony the fundamental flaw is the naive expectation for tech to work by intself and in of itself.

17:38

this is the nonsense at work here, a sort of tech worship.

17:38

[HAVELOCK] [B.MINE] 29 @ 0.03409809 = 0.9888 BTC [+] {8}

17:38

benkay: so what you're saying is counterparty is the next "Red Hot Penny Stocks"?

17:38

no, that's haveloc

17:38

counterparty is the next nothing.

17:39

that's a great blog name

17:39

TNN. The Next Nothing.

17:39

covering Republican finances since 2014

17:39

fluffypony: if i can't list a thing on mpex, i haven't made a good enough thing. there isn't another exchange out there that i'd sully my thing by listing on.

17:39

kanzure

does deleting your linkedin account actually work?

17:40

the taint coming from 2 sources:

17:40

kanzure yes. before you deleted it, you can delete it.

17:40

a) provenance of exchange.

17:40

after you deleted it, you can no longer delete it anymore.

17:40

[MPEX] [S.MPOE] 6400 @ 0.00094953 = 6.077 BTC [-]

17:40

kanzure

mircea_popescu: does it remove your address book etc? or does your data still contribute to their spam machine.

17:40

b) the 'security' 'peers' on the alternative exchange.

17:40

as i said :D

17:42

[HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]

17:42

benkay our bitlordity's black, cold heart is warmed by your sentiments.

17:43

[HAVELOCK] [AM100] 226 @ 0.0044 = 0.9944 BTC [+]

17:43

mike_c: I think interesting things are coming from "trustless" systems when trust becomes a product of data instead of a product of human decision making. For instance, imagine a designer works with a client who specs their project out. When the designer has completed it and delivered it, intelligent software is able to analyse his design and determine within a reasonable amount of probability that it matches the client's agreement both

17:43

functionally and from a design perspective. The *software* signs off on the transaction with no input needed from the client.

17:43

let me know the conversion rate of mp heart-degrees to btc, eh?

17:44

"when trust becomes a product of data instead of a product of human decision making." << srsly, this is nonsense fluffy

17:44

fluffypony: i've yet to figure out how to build a DAC i can't rob.

17:44

mircea_popescu: well it's already somewhat possible to have automated escrow with multisif

17:44

[HAVELOCK] [B.SELL] 4 @ 0.042 = 0.168 BTC [-] {2}

17:44

[HAVELOCK] [B.EXCH] 5 @ 0.0742218 = 0.3711 BTC [-]

17:44

*multisig

17:44

run me through it.

17:45

ok so a 2 of 3 multisig transaction to purchase an MP3 - funds are now out your wallet and requires two sigs to release to the supplier

17:46

so i buy some shit from you. i send it to an addy where you have a sig and i have a sig and we must both sign for you to get paid ?

17:46

an automated system is able to verify the validity of the download link and that the checksum on the download matches the expected checksum of that song

17:46

and so merchant + automated system = 2 sigs

17:46

i'd never use it.

17:46

[HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]

17:46

[HAVELOCK] [AM100] 226 @ 0.0044 = 0.9944 BTC [+]

17:46

[HAVELOCK] [PETA] 3 @ 0.0712 = 0.2136 BTC [+]

17:46

gotta trust automated system to not get haxxed

17:46

oops

17:47

"expected checksum" wtf nonsense is that

17:47

I'm thumbsucking here, I'm not a distributed systems expert

17:47

s/checksum/hash

17:47

but look at a decentralised data store like Tahoe-LAFS, for instance

17:48

distributed systems as a term of art in the industry (as i'd expect you to know, fluffypony) does not refer to these blockchain applications

17:48

yeah, this is exactly the problem we're discussing. you don't understand the subject, but you do have convictions as to what works and how, and what the future will bring.

17:48

this is religion, nothing else.

17:48

mircea_popescu: absolutely, I have faith the Grand Designers will come up with Cool Shit (tm)

17:48

yes well.

17:48

having ability to check specs automatically will result in unemployed designer, will be easier just to machine evolve something that fits the spec

17:48

where are your submerged cities and flying cars ?

17:49

jurov has it. the entire thing is a restatement of the perpetuum mobile,

17:49

in flashy new terminology.

17:49

lol machine evolved designs

17:49

not a terribly bad idea

17:49

a sort more palatable to the modern religious mind, which as you stated, works on the " Grand Designers will come up with Cool Shit" faith

17:49

"here are 20 seeds! pick five."

17:50

machine thinks for an hour

17:50

"here are 40 'ideas'! pick 10"

17:50

machine thinks for another hour

17:50

"go to buy shoes. come back three hours later with a half cup made out of tin foil and something that looks like a mouse with no buttons"

17:50

"here are your five options! send btc to 1MACHINETHINKER and pick one package for downloading!"

17:51

point is only to outcompete the fiverr crowd

17:51

not the handmade leather shoe crowd

17:51

i was thinking, this is kind-of how plenty of women do shopping today anywya

17:51

[MPEX] [S.MPOE] 2450 @ 0.00094953 = 2.3263 BTC [-]

17:52

give her $100 to buy fishnet stockings, watch her come back with a purse and batteries.

17:52

hah

17:54

anyway, this constant tendency to abstract people out of life is a sickness by now.

17:54

law without people degenerates into the us sort of national-socialism.

17:55

sex without people is masturbation. finance without people is also known as crisis.

17:55

on it goes. you gotta have people in the loop or it ain't a thing.

17:55

we'd be better off allowing violence, from the schoolyard all the way to the workplace, than having this diffuse "everyone hates everyone" sort of poison floating about.

17:56

i'd be satisfied if we allowed sex in america

17:56

allowed it to be a part of life, you know?

17:56

i go out, i meet a chick as part of my gadding about the local scene. she's an acceptably well-practiced and hardworking programmer. i like her, we fuck. i can't hire her now basically.

17:57

wtf is this nonsense

17:57

why cant you hire her ?

17:58

bringing insane risk down onto the company.

17:58

eh, have topless day, what.

17:58

hostile work environment

17:58

"i don't feel comfortable being topless at work."

17:58

don charnley has some hack for this

17:59

so work somewhere else.

17:59

except then the Labor Department steps in.

17:59

~somewhere else~

17:59

benkay: atlas, suitcase, airplane.

17:59

"we see that you're making your employees uncomfortable. please pay us your entire profits for the past ten years."

17:59

asciilifeform: working on it.

17:59

mircea_popescu: working on it.

18:00

funny story : at one particular workplace we actually had topless day. buncha young people, the guys thought it was great.

18:00

six weeks later we no longer had topless day

18:00

the guys thought it puts too much power in the hands of womenz and it basiclaly sucks and is opressive.

18:00

me in 5yr. sitting in gasenwagen with benkay and ThickAsThieves: 'so, let's chat about how we worked on it. while the motor revvs.'

18:00

shit we only have 5 years?

18:00

the settlement included guys having to always split the drinks tab among themselves.

18:01

*

asciilifeform optimist

18:01

how so too much power in the hands of the girls?

18:02

benkay: 'radiation damage'

18:02

benkay well after the first coupla hours of awkward, the chicks loved it, cause apparently it's more comfortable.

18:02

the guys ended up spending all their time being awkward.

18:02

it was quite the show tbh

18:04

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

18:07

http://fc03.deviantart.net/fs71/f/2013/292/4/5/tucker_s_law_tea_towel_by_masterplanner-d6r36bp.png

18:09

now that's punishment!

18:20

[HAVELOCK] [PETA] 19 @ 0.06998434 = 1.3297 BTC [-] {4}

18:24

[HAVELOCK] [PETA] 2 @ 0.06987327 = 0.1397 BTC [-]

18:26

[HAVELOCK] [CFIG] 4 @ 0.0735 = 0.294 BTC [-]

18:32

[MPEX] [S.MPOE] 10757 @ 0.00094538 = 10.1695 BTC [-] {2}

18:40

that towel is clearly australian made

18:44

[HAVELOCK] [PETA] 2 @ 0.0709999 = 0.142 BTC [+]

18:44

[MPEX] [S.MPOE] 3400 @ 0.00094645 = 3.2179 BTC [+]

18:47

gn

18:49

also here

18:49

night Naphex

18:50

gn fluff` :D

18:54

[MPEX] [S.MPOE] 7007 @ 0.00094645 = 6.6318 BTC [+]

~ 21 minutes ~

19:16

hm, I wish cookies were more persistant in chromium for iOS; keep having to re-enter my trilema credit pass

19:17

thats a good thi g

19:17

fucking save that shit

19:17

to a file

19:17

gpg encrypt

19:17

back up a million times

19:17

save what?

19:18

the trilema key

19:18

i j

19:18

i have like 20000 credits

19:18

oo -- big spender!

19:18

uh sure.

19:19

if i lose it. im fucked. re enterin makes you back that shit up if anything.

19:19

maybe i configured something wrong; don't have this problem on my laptop

19:19

it's "backed up" in my gmail "archive"

19:21

it's probably apple's fault; I never should have bought an iPhone

19:21

first and last apple product I will ever buy

19:22

best laptop chassis on the market, though

19:37

so i'm watching Paul Romero's youtube and listening to Heroes shit. The guy's damn good.

19:38

[MPEX] [S.MPOE] 5600 @ 0.0009472 = 5.3043 BTC [+] {2}

19:39

BCB

just for shits and giggles: http://imgur.com/r/Bitcoin/YiJNWOX

19:40

no

19:40

oh god

19:40

*

benkay cannot unsee

19:41

looked...really weirdly she-gendered? not looking again.

19:43

[HAVELOCK] [PETA] 11 @ 0.07049999 = 0.7755 BTC [-] {2}

19:49

jesus fuck

19:49

*

moiety goes to wash eyes with bleach brb

20:01

squares

20:02

hi nubbins`! how have you been?

20:02

benkay i think you mean dov charney :D

20:02

moiety heya, not bad, v busy with work

20:03

aw don't get too snowed under, breaks are good! i saw your picture :D loved the heart on the bum.

20:03

heh, tyvm

20:04

taking a break right now, in fact :D

20:05

glad to hear it! were the other pics yours too?

20:06

yeppers. i didn't design the manson poster tho, just printed em

20:06

really cool

20:11

nubbins`: i was going to suggest you watch a film but i think you've seen everything ever made XD

20:13

haven't seen much that's come out in the past decade or so

20:14

was going through a real meatspace phase D;

20:15

i watched Dead Man on kako's recommendation other night, reminded me of Seraphim Falls. both are good

20:17

[MPEX] [S.MPOE] 24192 @ 0.00095028 = 22.9892 BTC [+] {2}

20:27

nubbins`: yeah him

20:38

[HAVELOCK] [AM100] 26 @ 0.00435001 = 0.1131 BTC [-] {2}

~ 18 minutes ~

20:56

[MPEX] [S.MPOE] 34250 @ 0.00095083 = 32.5659 BTC [+] {3}

21:04

[HAVELOCK] [AM1] 2 @ 0.50017458 = 1.0003 BTC [+] {2}

21:05

[HAVELOCK] [AM100] 200 @ 0.00464636 = 0.9293 BTC [+] {6}

~ 15 minutes ~

21:21

http://www.bitfin.com/

21:21

Bitcoin Finance 2014 - Dublin Conference | Digital Money and the future of Finance

21:31

[MPEX] [S.MPOE] 33800 @ 0.00095294 = 32.2094 BTC [+] {4}

21:42

[MPEX] [S.MPOE] 12648 @ 0.0009537 = 12.0624 BTC [+]

21:47

[MPEX] [S.MPOE] 3452 @ 0.0009537 = 3.2922 BTC [+]

21:57

[MPEX] [S.MPOE] 13050 @ 0.00095466 = 12.4583 BTC [+]

22:07

[MPEX] [S.MPOE] 9000 @ 0.00095466 = 8.5919 BTC [+] {3}

22:11

[MPEX] [S.MPOE] 32957 @ 0.0009515 = 31.3586 BTC [-] {2}

22:11

[HAVELOCK] [CFIG] 2 @ 0.07499999 = 0.15 BTC [+]

22:16

[HAVELOCK] [SF1] 291 @ 0.00084557 = 0.2461 BTC [+] {3}

22:17

[HAVELOCK] [SF1] 500 @ 0.00085 = 0.425 BTC [+] {3}

22:21

[HAVELOCK] [B.SELL] 4 @ 0.04200012 = 0.168 BTC [+] {2}

22:22

[HAVELOCK] [B.SELL] 6 @ 0.042 = 0.252 BTC [-]

22:22

[MPEX] [S.MPOE] 4548 @ 0.00094995 = 4.3204 BTC [-]

22:22

[HAVELOCK] [PETA] 2 @ 0.07019899 = 0.1404 BTC [+]

22:23

[HAVELOCK] [CFIG] 4 @ 0.075 = 0.3 BTC [+]

22:23

[HAVELOCK] [AM100] 43 @ 0.00465997 = 0.2004 BTC [+] {2}

22:28

mircea_popescu: hey, if fags can be married everywhere regardless whether they married, why shouldn't rednecks carry wherever they go. << because rednecks = kulaks http://theden.tv/2014/04/25/rednecks-are-the-new-kulaks/

~ 17 minutes ~

22:46

http://wiki.bitcoin-assets.com/vernacular started a new section

22:46

vernacular [bitcoin assets wiki]

22:46

feel free to help with definitions, origins, new words, and links

22:51

mircea_popescu: "anyway, this constant tendency to abstract people out of life is a sickness by now." << I suspect as least 90% of USG spending is put toward programs who have the goal of treating people as if they were automatons

22:55

re: deep ocean robo-submarine: http://www.acq.osd.mil/osbp/sbir/solicitations/sbir20142/navy142.htm << USG wants some of them too (see N142-117), will pay fiat to tell them how

22:56

[HAVELOCK] [B.MINE] 4 @ 0.0325 = 0.13 BTC [-]

22:57

[HAVELOCK] [B.SELL] 5 @ 0.042 = 0.21 BTC [-]

22:58

[HAVELOCK] [RENT] 50 @ 0.0075 = 0.375 BTC [+]

22:58

[HAVELOCK] [B.EXCH] 5 @ 0.0742218 = 0.3711 BTC [-]

23:13

asciilifeform: did you ever take up benkay's suggestion to look at a greenarrays chip? http://log.bitcoin-assets.com/?date=08-02-2014 -- seems like a good alternative to your unavailable XC6216

23:17

[MPEX] [S.MPOE] 21819 @ 0.00094878 = 20.7014 BTC [-]

23:21

[HAVELOCK] [HIF] 600 @ 0.00022808 = 0.1368 BTC [-] {2}

~ 16 minutes ~

23:37

[HAVELOCK] [PETA] 40 @ 0.07021292 = 2.8085 BTC [+] {3}

23:42