Show Idle (>14 d.) Chans
← 2013-12-23 | 2013-12-25 → ↓
00:14 assbot [HAVELOCK] [CBTC] 9990 @ 0.000119 = 1.1888 BTC [+]
00:28 assbot [HAVELOCK] [SFI] 276 @ 0.001 = 0.276 BTC
00:34 assbot [HAVELOCK] [PETA] 10 @ 0.04999999 = 0.5 BTC [-]
00:47 assbot [HAVELOCK] [HMF] 10 @ 0.02201 = 0.2201 BTC [-]
~ 27 minutes ~
01:15 assbot [MPEX] [S.MPOE] 9900 @ 0.00084166 = 8.3324 BTC [-] {2}
01:24 assbot [HAVELOCK] [HIF] 411 @ 0.00042167 = 0.1733 BTC [+]
01:25 assbot [HAVELOCK] [HIF] 411 @ 0.00042167 = 0.1733 BTC [+]
~ 23 minutes ~
01:48 kakobrekla kako has been unbanned, forum re-entry post bitcointalk.org/index.php?topic=67547.msg4116732#msg4116732
01:57 BingoBoingo Beautiful work
01:59 Vexual clicking those links on his phone in the snow, excellent work
02:02 BingoBoingo Garr255 has the lowest trust I have seen on the forum yet https://unsee.cc/makugo/
02:03 kakobrekla lol wtf -1262
02:04 kakobrekla when im logged in i see him as +57 or something
02:04 kakobrekla in the green
02:05 BingoBoingo kakobrekla: I messed with my trust list. I used people's ratings of Garr to calibrate it.
02:05 kakobrekla lmao
02:06 kakobrekla you enjoy the result?
02:07 BingoBoingo The trust looks much more accurate this way.
02:07 kakobrekla hehe, good stuff
02:08 BingoBoingo Lines up well with other people's results on some people even, with TradeFortress around -350 which is what I hear from other people he is at.
02:18 assbot [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC
02:31 mircea_popescu interesting
02:33 Vexual whassat?
02:34 assbot [MPEX] [S.MPOE] 4193 @ 0.00084055 = 3.5244 BTC [-]
02:42 mircea_popescu BingoBoingo's recalibration of forum trust
02:44 Vexual oh, is that unusual?
02:44 Vexual does it happen on wot?
02:45 Vexual im coming up on 2 years and thinking of trying wot
02:47 truffles what r u doing for xmas vexual
02:47 Vexual eating and drinking, and you tuffles?
02:47 BingoBoingo Vexual: This is the forum trust system. It's more weird and broken than actual WoT that matters.
02:47 truffles same
02:47 Vexual i got some pistachios
02:48 truffles and then u ate them
02:48 Vexual not yet
02:48 BingoBoingo mircea_popescu: The curious trust list (with the second level trust indented) is here http://bitbin.it/XuTrn9hd
02:49 BingoBoingo It may or may not be trimmed further. I might also just flatten it to the first level.
~ 15 minutes ~
03:04 Vexual 4 metric shit tonne of prawns and a few kilos of moreton bay bugs
03:06 Vexual even paleo cats could eat my xmas, excepting the 3 grains of barley in the beer
03:08 truffles macncheese def not paleo
03:11 Vexual my useless expert system still says its delicious
03:12 truffles u prob wont like mine, there's mustard in it
03:12 Vexual i eat mustard like i accept bitcoin
03:12 Vexual when i can with adjective
03:13 truffles well i make a non mustard one also so heh
03:16 truffles im off, merry christmass #assets
03:26 Vexual fervourousness
03:33 Vexual http://www.youtube.com/watch?v=JblJ4saVbtY
03:33 ozbot Gorillaz... FT shaun ryder - DARE. - YouTube
~ 31 minutes ~
04:05 Vexual http://www.youtube.com/watch?v=OsBivcKbOGI
04:05 ozbot The Streets - Turn the Page - YouTube
04:18 assbot [HAVELOCK] [PETA] 3 @ 0.05 = 0.15 BTC [+]
~ 20 minutes ~
04:38 assbot [MPEX] [S.MPOE] 5304 @ 0.00084055 = 4.4583 BTC [-]
04:46 assbot [MPEX] [S.MPOE] 15550 @ 0.00084044 = 13.0688 BTC [-] {2}
~ 18 minutes ~
05:04 assbot [MPEX] [S.MPOE] 18800 @ 0.0008437 = 15.8616 BTC [+] {2}
05:09 pankkake "I want to Bernankoin 1 million = 0.001 BTC, Regards, Jacky"
05:09 pankkake I must be in altcoin hell
05:12 Vexual thats what you get for starting a free economics school
05:15 Vexual personally i think its a noble endeavour
05:21 Vexual if it came fre with hong kong cage housing, the kids migth pay attention
05:25 Vexual were you expecting another outcome pankkake?
05:26 pankkake I was expecting to be dead within 24 hours
05:26 Vexual really?
05:26 pankkake +it
05:27 Vexual shall i draw some quality management flowcharts for you?
05:27 pankkake lol
05:28 assbot [HAVELOCK] [PETA] 8 @ 0.049999 = 0.4 BTC [-]
05:30 Vexual sometimes it helps to have another perspective :)
05:33 KRS|Gotyawallet http://www.youtube.com/watch?v=zJlR6_1aawI
05:33 ozbot Tripswitch - Concentric Circles - YouTube
05:38 pankkake https://bitcointalk.org/index.php?topic=383053.0 doge beating litecoin at being useful again
05:38 ozbot Doge Road - DOGE TOR Black Market - Beta Invitation
05:39 Vexual lol doge pirate, i wonder if the doge fbi will get him
05:40 Vexual is it prome?
05:43 Vexual such verbose
05:44 assbot [HAVELOCK] [AM1] 1 @ 0.29901101 BTC [+]
05:50 Vexual cmon kids don't let prism have a good year
05:55 Vexual my pitbull loves angel dust and pcp
05:56 Namworld Dread Pirate... Dogebert?
05:56 Vexual last thing we need is the fbi to own $20 milly in dogecoin
05:56 Namworld Dogbert, is that you going into the weapons and drugs trade and paying for murders, all for the sake of profits?
05:58 Vexual dog catcher saw you jumping back into your yard
06:02 Namworld This doge thing is blowing out of proportion
06:03 Vexual bitbet has dogecoin top altcoin or somesuch
06:17 Vexual http://www.youtube.com/watch?v=GtUVQei3nX4
06:17 ozbot Snoop Dogg - Drop It Like It's Hot ft. Pharrell Williams - YouTube
06:28 assbot [HAVELOCK] [SFI] 150 @ 0.001 = 0.15 BTC
06:30 Vexual strapping a pineapple to your skateboard and letting security take it is not anything new
06:31 Vexual very different from operational security every day
06:33 pankkake Vexual: bet is "any altcoin > litecoin"
06:34 pankkake there's a few challengers
06:37 Vexual oh
06:38 Vexual was that your bet pankkake?
06:39 pankkake yes
06:40 Vexual i like it
06:40 pankkake I'm happy it got quite some activity
06:40 pankkake unlike the VMC vs BFL bet :(
06:40 Vexual link?
06:41 pankkake http://bitbet.us/bet/633/bfl-will-ship-before-activemining/?ref=1Eck6cgGzEb9N42CFhcsCBQhZQStoJbHRK
06:41 ozbot BitBet - BFL will ship before ActiveMining
06:41 Vexual the other one man
06:41 pankkake Resolved gain: -0.14838630 :|
06:41 pankkake well it must count house-provided bets
06:41 pankkake damn you Scarlett
06:41 Vexual :()
06:48 Vexual the altcoin one isn't very clear on terms
06:49 Vexual at the end date huh?
06:52 Vexual i suppose maagement are happy enough with the staus quo
06:55 Vexual that is to ask, i fanother coin surpasses litecoin market cap before the date, does the bet resolve?
06:57 Vexual @ends up@ is almost ambiguous
06:58 Vexual but its no, so it doesn't matter
07:01 assbot [HAVELOCK] [CBTC] 3806 @ 0.00011 = 0.4187 BTC [-]
07:02 pankkake if it's before, it resolves
07:02 pankkake at least that was my idea
07:03 Vexual i would have thpught so
07:05 Vexual is there bitcoin two up yet?
07:07 assbot [HAVELOCK] [CBTC] 3075 @ 0.00010023 = 0.3082 BTC [-] {6}
07:22 Vexual http://www.youtube.com/watch?v=CwLSPZSg4S4
07:22 ozbot AC/DC-Jailbreak - YouTube
~ 36 minutes ~
07:58 assbot [HAVELOCK] [HMF] 34 @ 0.02202 = 0.7487 BTC [-]
~ 26 minutes ~
08:25 assbot [MPEX] [S.MPOE] 5500 @ 0.00084345 = 4.639 BTC [-] {2}
~ 22 minutes ~
08:47 Vexual http://www.youtube.com/watch?v=uP4YUtEDCfQ
08:47 ozbot Syllaboliks - Belief - YouTube
08:49 assbot [MPEX] [S.MPOE] 7295 @ 0.00084432 = 6.1593 BTC [+]
08:52 assbot [HAVELOCK] [AM1] 1 @ 0.29992032 BTC [+]
~ 19 minutes ~
09:11 Vexual arent you busy tonight Graet?
09:12 Vexual thats sleigh wont drive itself
09:13 Vexual hey nubbins'
09:15 nubbins` hi
09:15 Vexual whats doing?
09:15 nubbins` had a salty, salty tibb's eve party last night
09:15 nubbins` getting my head on straight again
09:15 Vexual i hear that
09:16 Vexual im waiting for some drooling geriatric stinking of reindeer piss to drop down the chimney
09:17 Vexual not you graet, the real, badman santa
09:18 Vexual wanna do a tshirt collabo in the new year nubs?
09:18 nubbins` always open to new projects!
09:22 Vexual cool
09:22 Vexual i was thinkng my input might be artwork, but ows your supply chain?
09:23 Vexual wait arent u busy staying up all night already?
09:25 pankkake nubbins` is santa?
09:25 pankkake makes sense with the beard
09:29 Vexual has he got a beard? my imagination is correct
09:32 Vexual just riding a moose with a tripped out tshirt
09:33 Vexual pankkake we're going to cahors this summer ok?
09:34 assbot [HAVELOCK] [AM100] 139 @ 0.003 = 0.417 BTC [-] {2}
09:34 assbot [HAVELOCK] [HMF] 22 @ 0.02366999 = 0.5207 BTC [+] {2}
09:34 Vexual we'll shoot some bigs and drink boreaux
09:40 Apocalyptic pankkake, bernankoin is brilliant
09:42 pankkake ):)
09:51 assbot [HAVELOCK] [HMF] 7 @ 0.02349999 = 0.1645 BTC [-]
10:04 assbot [HAVELOCK] [CBTC] 834 @ 0.00012 = 0.1001 BTC [+]
10:04 assbot [HAVELOCK] [AM1] 30 @ 0.31543142 = 9.4629 BTC [+] {9}
10:05 assbot [HAVELOCK] [AM1] 6 @ 0.31653333 = 1.8992 BTC [+] {2}
10:06 Vexual http://vimeo.com/15351476
10:06 ozbot Hold Fast on Vimeo
10:06 assbot [HAVELOCK] [AM100] 361 @ 0.00309998 = 1.1191 BTC [+] {4}
10:08 assbot [HAVELOCK] [AM1] 15 @ 0.3184733 = 4.7771 BTC [+] {4}
10:09 assbot [HAVELOCK] [AM1] 4 @ 0.31999999 = 1.28 BTC [+] {3}
10:09 assbot [HAVELOCK] [AM100] 51 @ 0.00320057 = 0.1632 BTC [+] {3}
10:10 assbot [HAVELOCK] [DEALCO] 78 @ 0.00128899 = 0.1005 BTC [+]
10:14 jurov ;;later tell mircea_popescu santa needs to withdraw from mpex :)
10:14 gribble The operation succeeded.
10:15 Vexual santa is 600 years old, he pokes it in with a stick
10:15 ThickAsThieves build the coinmaker pankkake http://imgur.com/3zRdEWm
10:17 assbot [MPEX] [S.MPOE] 6366 @ 0.0008419 = 5.3595 BTC [-] {2}
10:18 ThickAsThieves coinception
10:18 pankkake there's plenty of "devs" offering the service too
10:18 pankkake skills required: Java :|
10:19 deadweasel coitusception
10:19 pankkake http://www.nytimes.com/2013/12/23/opinion/krugman-bits-and-barbarism.html
10:21 Vexual trilemma?
10:23 ThickAsThieves wtf is that article about?
10:23 pankkake bitcoin bad
10:23 ThickAsThieves are all journalists on drugs
10:23 ThickAsThieves christ
10:24 pankkake http://www.huffingtonpost.fr/camille-potier/blanchiment-dargent-bitcoin_b_4471438.html "bitcoin, money laundering and crime"
10:24 ThickAsThieves he could have just tweeted "It's funny how people value things!"
10:26 ThickAsThieves "So it's no surprise the Bitcoin has become the preferred currency buyers of illicit goods such as weapons, narcotics, pornography"
10:26 ThickAsThieves lies
10:26 ThickAsThieves "Mafias therefore continue to use Bitcoin through the universality of the Internet, how to launder their illicit much safer capital."
10:26 Apocalyptic "provient en grande partie d'opérations de blanchiment" // that assurance
10:26 KRS|Gotyawallet in that case bitcoin sounds fun
10:27 Vexual png is mental
10:35 assbot [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC
10:36 Vexual http://www.youtube.com/watch?v=b4iuGNEdxZI
10:36 ozbot Transcendence Trailer #1 - YouTube
10:39 ThickAsThieves who are some popular bitcoin personalities on twitter?
10:39 ThickAsThieves i'm making an account
10:39 ThickAsThieves time to start calling out these journalists n shit
10:43 Vexual leah
10:43 topace lol
10:43 assbot [HAVELOCK] [NEOBEE] 68 @ 0.002915 = 0.1982 BTC [+]
10:43 topace @havelock_inv :)
10:48 Vexual why not leak some good info TAT?
10:50 Vexual kill leak and scam and make a newspaper
10:56 ThickAsThieves i guess bitcoin magazine beat me to it http://bitcoinmagazine.com/9143/krugman-barbarism-baloney/
10:56 ThickAsThieves except they actually took him seriously
10:57 Vexual http://www.youtube.com/watch?v=q1KSNg-REvM
10:57 ozbot Soul Train Rose Royce Car Wash 1976 Audio Redone By Dj Cole - YouTube
10:59 Vexual even malagodi didnt hop on a plane to see wht gold mining in png looks like
11:01 Vexual bitcoin should be able to afford journalists
11:01 ThickAsThieves in case anyone is interested, I found a great new twitter account to follow: https://twitter.com/Bitcoin_Assets
11:01 ThickAsThieves it's not me I swear
11:04 Vexual does carlos mantana drop-ship peruvian flake?
11:06 Vexual enjoy prism
11:06 ThickAsThieves mostly he just picks up women and puts them down
11:06 Vexual thats not nice
11:10 deadweasel I do that repeatedly with the same woman. it's great
11:10 ThickAsThieves erykah badu is insane https://www.youtube.com/watch?v=JmWjpfYrihw#t=135
11:10 ThickAsThieves NSFW
11:10 Vexual oh yeah
11:10 Vexual fuck sign in?
11:11 Vexual gimme the name of the song sucker, so i can find it on vimeo
11:11 ThickAsThieves there's even nani shots in it
11:12 ThickAsThieves i dont even know the name
11:12 Vexual cmon abby i got u hooked up with prism so you can make obama do you tue videos and shit
11:13 Vexual whats the lyrics?
11:13 ThickAsThieves incoherent
11:13 ThickAsThieves its like some art concept
11:14 Vexual new huh?
11:15 ThickAsThieves aha
11:15 ThickAsThieves it's a Flaming Lips song
11:15 ThickAsThieves The Flaming Lips: "The First Time Ever I Saw Your Face" [ft. Erykah Badu]
11:15 ThickAsThieves http://pitchfork.com/news/46765-erykah-badu-is-super-pissed-at-the-flaming-lips-right-now-about-that-nsfw-video/
11:15 ozbot Erykah Badu Is Super Pissed at the Flaming Lips Right Now, About That NSFW Video | News | Pitchfork
11:16 Vexual fucking netwrork affect
11:16 Duffer1 lsd just isn't for some people
11:16 Diablo-D3 I dont see
11:16 Diablo-D3 how
11:16 Diablo-D3 some douchebag
11:16 Diablo-D3 is
11:16 Diablo-D3 on topic
11:16 Diablo-D3 for
11:16 Diablo-D3 this
11:16 Diablo-D3 channel
11:17 Vexual moi?
11:17 Vexual relax friend, it all comes out in the wash
11:18 ThickAsThieves Diablo-D3, how ironic
11:19 assbot [MPEX] [S.MPOE] 3108 @ 0.0008391 = 2.6079 BTC [-]
11:28 assbot [HAVELOCK] [AM100] 32 @ 0.0033 = 0.1056 BTC [+] {8}
11:29 Vexual http://www.youtube.com/watch?v=kT09wbZ6eqs bought a car? check your bass
11:29 ozbot Erykah Badu - Rimshot (1997) - YouTube
~ 20 minutes ~
11:50 assbot [HAVELOCK] [SFI] 1500 @ 0.001 = 1.5 BTC
11:56 Vexual http://www.dailymotion.com/video/xubdi4_cypress-hill-rusko-feat-damian-marley-can-t-keep-me-down_music relevant enough?
11:56 ozbot Cypress Hill & Rusko feat Damian Marley "Can't Keep me Down" - Video Dailymotion
11:56 pankkake lol at the twitter avatar of bitcoin_assets
11:58 deadweasel http://nymag.com/daily/intelligencer/2013/12/bloomberg-anchors-christmas-bitcoin-gets-stolen.html?mid=twitter_nymag
12:09 kakobrekla slovenia just put out a guidance for personal taxes and bitcoin. all trading and stuff is as it was tax free, mining is however taxed, on the paper.
12:10 kakobrekla ofcourse there is no way of proving anything.
12:10 pankkake weird
12:10 Vexual thats is weird
12:11 Vexual tax the money thats easiest to hide
12:12 kakobrekla here is the full url if anyone cares www.durs.gov.si/si/davki_predpisi_in_pojasnila/dohodnina_pojasnila/dohodek_iz_kapitala/dobicek_iz_kapitala/vrednostni_papirji_in_delezi_v_gospodarskih_druzbah_zadrugah_in_drugih_oblikah_organiziranja_ter_investicijski_kuponi/davcna_obravnava_poslovanja_z_virtualno_valuto_po_zdoh_2_in_zddpo_2/
12:12 Vexual oh i misread
12:13 Vexual no, i didnt
12:26 KRS|Gotyawallet this is for you https://pbs.twimg.com/media/BbxnkunCYAAdxtl.jpg:large
12:39 assbot [HAVELOCK] [SFI] 9038 @ 0.001 = 9.038 BTC
12:49 assbot [HAVELOCK] [NEOBEE] 170 @ 0.002915 = 0.4956 BTC [+]
13:03 assbot [HAVELOCK] [SFI] 3500 @ 0.001 = 3.5 BTC
13:15 benkay !t m s.mpoe
13:15 assbot [MPEX:S.MPOE] 1D: 0.0008391 / 0.00084186 / 0.00084535 (247978 shares, 208.76 BTC), 7D: 0.0008391 / 0.00087609 / 0.00091394 (5228596 shares, 4,580.77 BTC), 30D: 0.00077981 / 0.0008703 / 0.00091394 (15649548 shares, 13,619.96 BTC)
13:18 Apocalyptic http://www.kimitsuassetmanagement.com/
13:18 Apocalyptic a reddit news feed on an asset management company's website
13:20 benkay and ads
13:20 Apocalyptic this is gold
13:20 benkay "arbatrage and currency exchange services"
13:20 benkay "However along with that uniqeness comes risk but with proper management the potential can be marginalised."
13:33 assbot [MPEX] [S.MPOE] 9450 @ 0.00083753 = 7.9147 BTC [-] {2}
13:34 assbot [HAVELOCK] [SFI] 814 @ 0.001 = 0.814 BTC
13:39 deadweasel it hhurts to read those quotes
13:46 benkay can i get marginalized on mpex?
13:47 assbot [HAVELOCK] [AM100] 40 @ 0.0033 = 0.132 BTC [+]
13:48 deadweasel if you're on mpex, you're already marginalised.
~ 15 minutes ~
14:04 assbot [HAVELOCK] [NEOBEE] 120 @ 0.00292 = 0.3504 BTC [+]
~ 26 minutes ~
14:31 assbot [HAVELOCK] [SFI] 2000 @ 0.001 = 2 BTC
14:34 assbot [MPEX] [S.MPOE] 8731 @ 0.0008391 = 7.3262 BTC [+]
14:39 assbot [HAVELOCK] [CBTC] 1200 @ 0.00012 = 0.144 BTC [+]
14:53 assbot [HAVELOCK] [AM1] 1 @ 0.32 BTC [+]
14:56 assbot [HAVELOCK] [AM1] 1 @ 0.3100001 BTC [-]
15:07 assbot [MPEX] [S.MPOE] 9033 @ 0.00084568 = 7.639 BTC [+] {2}
~ 36 minutes ~
15:44 assbot [HAVELOCK] [VTX] 4 @ 0.08 = 0.32 BTC [+]
~ 15 minutes ~
15:59 assbot [HAVELOCK] [NEOBEE] 321 @ 0.00292 = 0.9373 BTC [+]
16:05 kakobrekla http://pbs.twimg.com/media/BcQthFvIIAAN9Jd.jpg:large
16:07 Duffer1 uhhhh
16:08 mircea_popescu .d
16:08 ozbot 1180923195.25803 | Next Diff in 1434 blocks | Estimated Change: 14.8575% in 8d 11h 22m 49s
16:08 mircea_popescu ;;ticker
16:08 gribble MtGox BTCUSD ticker | Best bid: 706.20004, Best ask: 708.0, Bid-ask spread: 1.79996, Last trade: 708.0, 24 hour volume: 13549.12490752, 24 hour low: 666.01, 24 hour high: 729.99174, 24 hour vwap: 700.22234
16:20 assbot [HAVELOCK] [SFI] 1499 @ 0.001 = 1.499 BTC
16:35 assbot [MPEX] [S.MPOE] 12200 @ 0.00084456 = 10.3036 BTC [-]
~ 51 minutes ~
17:27 assbot [MPEX] [S.MPOE] 5169 @ 0.00084106 = 4.3474 BTC [-]
~ 36 minutes ~
18:03 assbot [HAVELOCK] [SFI] 1063 @ 0.001 = 1.063 BTC
18:10 assbot [MPEX] [S.MPOE] 4100 @ 0.0008373 = 3.4329 BTC [-] {2}
~ 25 minutes ~
18:36 mircea_popescu kakobrekla http://bitbet.us/bet/683/btc-will-hit-800-before-going-under-500/#c2182 merry xmas :D
~ 21 minutes ~
18:57 assbot [HAVELOCK] [AM100] 46 @ 0.0032 = 0.1472 BTC [-] {2}
19:06 assbot [MPEX] [S.MPOE] 11284 @ 0.00084669 = 9.554 BTC [+] {2}
19:20 assbot [MPEX] [S.MPOE] 10050 @ 0.00084122 = 8.4543 BTC [-]
~ 1 hours 18 minutes ~
20:39 benkay http://www.btcoracle.com/leaderboard.php
20:53 assbot [HAVELOCK] [CBTC] 7350 @ 0.00010546 = 0.7751 BTC [-] {3}
21:00 assbot [HAVELOCK] [SFI] 313 @ 0.001 = 0.313 BTC
21:09 benkay u guise let me tell you about mastercoin
21:09 benkay its gonna distribute your butt
21:10 benkay all your butts are distribute but only on mastercoin lolol
21:16 Duffer1 omgwheredoisendmybtc?!
21:16 Duffer1 i need to get on dat train
21:18 thestringpuller ;;bc,24hprc
21:18 gribble 667.50
21:18 Duffer1 just need my doges to x2 before i get in on that
21:18 monolithik doge to da moon
21:21 monolithik seriously though some guy is making an altcoin builder, theres gonna be tens of thousands of them fairly soon
21:21 monolithik https://forum.btcsec.com/index.php?/topic/2858-programma-kriptokonstruktor-cryptonit-all/
21:23 the20year hopefully i can get mine up prior :(
21:23 Duffer1 rentalstarter coin? :D
21:24 the20year YEs
21:24 the20year Property & Asset backed cryptocoin
21:24 Duffer1 sounds like bitshares
21:24 the20year Yep
21:25 Duffer1 ah
21:25 the20year Pretty similar to how they're doing it, except that there's a extra # of coins per block found that goes back to the 'foundation' ala freicoin. Said coins are used to buy property/investments, which then cashflow back to the coinholders
21:26 Duffer1 that's interesting
21:26 monolithik who controls the 'foundation'?
21:27 Duffer1 probably rentalstarter
21:27 the20year So, then those coins are invested, saved, used to further the coinage. The idea is to have a foundation similar to the bitcoin foundation, but the financing for said foundation would be significantly higher because with each coin that's mined, more go back to the foundation then which invests in things that matter
21:27 the20year The BoD of RentalStarter
21:27 Duffer1 which could be a huge problem in the states unless you register as a money transmitter
21:27 monolithik so its like an REIT, but with cryptocurrency.
21:28 the20year The idea is that the investments will be 'anonymous' in the sense that the average coinholder only gets a monthly report with profit/loss figures, decisions the board makes, they don't have direct access to the properties. However the directors/founders will actually go to the properties and inspect them, providing reasonable insight into how efficient the businesses are.
21:28 the20year Duffer, our corporate attourney has already greenlit it
21:29 Duffer1 i'm shocked
21:29 Duffer1 but then i'm not a lawyer so.. :P
21:29 monolithik well, I'm just not sure of the gain you get from using the cryptocurrency over a regular REIT. I feel like a coin makes sense when the actual work to be performed is computational in nature, such as verifying transactions, storing data, etc.
21:29 the20year Money flows back to the actual coinholders through active buy orders on public markets in terms of BTC/LTC, which then drives the actual coin prices up relative to the typical basket of crypto currencies, providing more value. At some point in the next 5 years, we then would set up a coin exchange where coinholders can exchange coins for goods/services produced from the businesses. It's more than just housing, I want far
21:31 monolithik yah, I'm just not sure why you need your own coin to do it. Seems like you could do it entirely with BTC/colored-coins and get the same level of anonymity, without having to maintain your own blockchain
21:31 Duffer1 and gain the protection of the obscene hashrate
21:31 monolithik it just sounds like a normal real estate investment scheme, with a cryptocurrency mashed into it for no apparent reason
21:32 the20year easier to get past SEC
21:32 monolithik ... I'll take your word for it
21:32 the20year I'm just in the theoretical stages, the other option is just to issue more shares of rentalstarter like we've done
21:33 the20year I think a crypto would do better just due to where the market is on cryptos, many people are getting rich overnight with them, it'd beasier to gain investments that way than begging for people to buy shares
21:35 Duffer1 possibly
21:35 the20year cap rates for #3-#10 is several hundred million dollars, yet few if any of them do anything better than Bitcoin
21:35 Duffer1 but even patent nonsense is getting thousand btc caps
21:35 Duffer1 are getting*
21:35 Duffer1 is getting?
21:35 Duffer1 ffs
21:35 the20year on what exchange?
21:36 Duffer1 havelock
21:36 the20year Hmm
21:36 monolithik market cap is meaningless when you float a small amount of your coin, then place a bunch of buy/sell orders at high prices to give the appearance of value
21:36 the20year Well in that case I Might consider HL, i'd realy like to fund upwards of $1m on the next round
21:36 Duffer1 cryptostocks.com
21:36 the20year We've done great with RS so far, but banks are being absolutely idiots to deal with right now
21:36 Duffer1 when are you looking to raise the capital
21:36 the20year Next month
21:37 the20year we've already had $92k worth of capital raised, relative to USD we've more than doubled it since July, $92k to $193k
21:37 Duffer1 Ciphertrade is launching beta next month, should be live by first of feb
21:38 the20year That's the exchange I really want ot list on , but have had a few guys tell me that it's gonna take too long
21:38 Duffer1 i know they're finished with penetration testing, but beta was pushed back to sort out ddos protection
21:39 the20year If I knew it would be done by Feb 1st I'd wait
21:40 monolithik if you're open to issuing some shares via a colored-coin, chromawallet will hopefully be ready to use on mainnet by the end of january.
21:40 the20year I'm open to just about anything right now
21:40 monolithik http://chromawallet.com/
21:40 the20year My brother is looking at doing a 2nd round at $2m-$3m , so i don't see why $1m would be impossible
21:40 ozbot ChromaWallet
21:41 Duffer1 pm woodtech or benny on litecointalk they could probably give you an accurate timeline for their launch
21:41 the20year who's benny?
21:42 Duffer1 ceo of buy-a-hash
21:42 the20year Nevermind, I didn't know he went by benny, he's sitting 20ft from me
21:42 the20year he doesn't know, i keep telling him to get me in touch with whomever runs ciphertrade and he never does
21:42 Duffer1 lol
21:42 Duffer1 woodtech is kate wood, she's heading up the project
21:43 the20year i think i messaged her on bitcointalk , no response
21:43 Duffer1 she's VERY busy, and pretty crabby, that's why i recommended benny :P
21:43 the20year and he doesn't know :D
21:44 the20year let me go ask again
21:44 Duffer1 he doesn't know you're rentalstarter?
21:44 Duffer1 and you didn't know he'll have a stake in the new exchange?
21:44 Duffer1 yall need to work on your communication lol
21:46 the20year i knew he had a stake, but he never updates me
21:46 the20year he's been busy with this red fury/bluefury crap
21:46 Duffer1 ah
21:46 the20year ujdolugfiodufe8uiiusdiuedw
21:46 Duffer1 you could always do what TaT did with Neo & Bee, offer a multi exchange ipo
21:46 the20year Yeah
~ 19 minutes ~
22:05 thestringpuller ;;seen smickles
22:05 gribble smickles was last seen in #bitcoin-assets 4 weeks, 4 days, 5 hours, 2 minutes, and 30 seconds ago: <smickles> wtf bet on the price rising rather than buying more or buying an option (or similar)
~ 15 minutes ~
22:20 assbot [MPEX] [S.MPOE] 4600 @ 0.00083477 = 3.8399 BTC [-] {2}
22:26 assbot [MPEX] [S.MPOE] 8900 @ 0.00083379 = 7.4207 BTC [-] {2}
~ 44 minutes ~
23:11 assbot [MPEX] [S.MPOE] 14147 @ 0.00083557 = 11.8208 BTC [+] {2}
~ 44 minutes ~
23:56 assbot [MPEX] [S.MPOE] 2650 @ 0.00083228 = 2.2055 BTC [-]
23:57 assbot [HAVELOCK] [DEALCO] 123 @ 0.0014889 = 0.1831 BTC [+]
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