Show Idle (>14 d.) Chans
← 2014-01-10 | 2014-01-12 → ↓
00:05 assbot [HAVELOCK] [AM1] 1 @ 0.57 BTC [-]
00:07 assbot [MPEX] [S.MPOE] 9950 @ 0.00084635 = 8.4212 BTC [+]
00:14 assbot [HAVELOCK] [NEOBEE] 1392 @ 0.003 = 4.176 BTC [-]
00:25 assbot [HAVELOCK] [NEOBEE] 67 @ 0.003 = 0.201 BTC [-]
00:29 assbot [HAVELOCK] [NEOBEE] 533 @ 0.003 = 1.599 BTC [-]
~ 24 minutes ~
00:53 assbot [MPEX] [S.MPOE] 22250 @ 0.00084635 = 18.8313 BTC [+] {2}
~ 46 minutes ~
01:40 assbot [HAVELOCK] [DEALCO] 62 @ 0.0034 = 0.2108 BTC [+]
01:41 assbot [HAVELOCK] [DEALCO] 29 @ 0.00348 = 0.1009 BTC [+]
01:53 assbot [HAVELOCK] [DEALCO] 100 @ 0.00349 = 0.349 BTC [+]
~ 15 minutes ~
02:08 assbot [HAVELOCK] [DEALCO] 180 @ 0.00387722 = 0.6979 BTC [+] {2}
02:23 assbot [MPEX] [S.MPOE] 15789 @ 0.00084644 = 13.3644 BTC [+]
~ 26 minutes ~
02:49 assbot [HAVELOCK] [AM1] 1 @ 0.571 BTC [+]
~ 24 minutes ~
03:14 assbot [MPEX] [S.MPOE] 15432 @ 0.00084644 = 13.0623 BTC [+]
03:23 assbot [MPEX] [S.MPOE] 26300 @ 0.00084603 = 22.2506 BTC [-]
03:25 assbot [MPEX] [S.MPOE] 4716 @ 0.00084644 = 3.9918 BTC [+]
03:33 frankenmint hello?
~ 37 minutes ~
04:10 assbot [HAVELOCK] [AM1] 2 @ 0.571 = 1.142 BTC [+]
04:12 assbot [HAVELOCK] [HMF] 6 @ 0.02980003 = 0.1788 BTC [-]
04:12 assbot [HAVELOCK] [CFIG] 1 @ 0.11 BTC [+]
04:17 assbot [MPEX] [S.MPOE] 10250 @ 0.00084901 = 8.7024 BTC [+]
04:23 KRS1 hi
~ 28 minutes ~
04:52 assbot [HAVELOCK] [COG.F2] 1 @ 0.599 BTC [+]
~ 28 minutes ~
05:21 assbot [MPEX] [S.MPOE] 10069 @ 0.00085008 = 8.5595 BTC [+]
05:22 assbot [HAVELOCK] [HMF] 10 @ 0.02630062 = 0.263 BTC [+] {3}
05:31 assbot [MPEX] [S.MPOE] 16900 @ 0.00085008 = 14.3664 BTC [+]
05:35 assbot [MPEX] [S.MPOE] 8450 @ 0.00085217 = 7.2008 BTC [+]
05:36 assbot [MPEX] [S.MPOE] 6000 @ 0.00085217 = 5.113 BTC [+]
05:41 assbot [MPEX] [S.MPOE] 8700 @ 0.00085217 = 7.4139 BTC [+]
~ 15 minutes ~
05:56 assbot [MPEX] [S.MPOE] 7143 @ 0.0008523 = 6.088 BTC [+] {2}
06:00 b0n1 https://cloudhashing.com/contracts do you think this is a profitable offer if they offer a bonus of 300 gh fro platinum membership at the enf of january?
06:00 ozbot Bitcoin Mining Contracts - Cloud Hashing
06:01 b0n1 is there any big asic shipments coming up or any other reasons to cause unusually increases of the difficulty
06:01 b0n1 ?
06:02 pankkake yes, many new generations of mining equipment
06:08 assbot [MPEX] [S.MPOE] 26200 @ 0.00085294 = 22.347 BTC [+] {2}
06:19 b0n1 pankkake dont the new fast asic chips with 2 TH for roughly 6k USD only come about may?
06:20 pankkake cointerra is supposed to delivery a big january batch
06:20 pankkake deliver*
06:21 b0n1 how big estimated?
06:21 pankkake hashfast was supposed to deliver months ago; many preorders
06:21 b0n1 how many hashes to deliver?
06:21 pankkake https://bitcointalk.org/index.php?topic=283820.0 has an estimate of preorders
06:21 ozbot Estimate of ASIC pre-orders: 13 to 15 PH/s (diff 1.8B to 2.1B) by end of 2013
06:28 b0n1 thx pankkake really helpful
06:28 b0n1 with this perspective, the offer doesnt look that attractive anymore
06:29 pankkake glad to save you some btc :p
06:29 b0n1 with an assumption of 20% diff increase we have a break even in 97 days
06:29 b0n1 if its 25% we have no break even at all
06:30 b0n1 maybe 25% is a bit too much to assume but anyway, its totally risky
06:41 assbot [MPEX] [S.MPOE] 12261 @ 0.00085326 = 10.4618 BTC [+]
06:42 assbot [MPEX] [S.MPOE] 7245 @ 0.00085454 = 6.1911 BTC [+]
~ 33 minutes ~
07:16 assbot [HAVELOCK] [AM1] 2 @ 0.56999 = 1.14 BTC [-]
07:21 assbot [MPEX] [S.MPOE] 27500 @ 0.00085501 = 23.5128 BTC [+] {3}
07:35 assbot [HAVELOCK] [AM1] 2 @ 0.56999 = 1.14 BTC [-]
07:45 assbot [MPEX] [S.MPOE] 5150 @ 0.00085571 = 4.4069 BTC [+]
07:55 mircea_popescu aite, who dinged me
07:56 mircea_popescu ;;later tell benkay well, in the meta sense that setting what and how much clothing chicks wear in your town counts as natality allocation.
07:56 gribble The operation succeeded.
07:58 mircea_popescu b0n1 currently the money is about 30:1 that difficulty will be over 2bn this month.
08:08 assbot [MPEX] [S.MPOE] 16703 @ 0.00085274 = 14.2433 BTC [-] {2}
08:12 Neil mircea_popescu: More like 50-to-1 I think.
08:12 Neil I have to agree it's looking very likely
08:13 Neil Everyone was saying nothing coming online, but it's gone up 25% since 1st Jan
08:13 mircea_popescu ;;calc 458/7
08:13 gribble 65.4285714286
08:13 mircea_popescu 65 even
08:13 Neil I reckon these companies are creating and mining for the house
08:14 Neil ;;calc 358/7
08:14 gribble 51.1428571429
08:14 Neil Math
08:15 Neil No-one seems willing to bet no yet... so probably higher to go
08:15 mircea_popescu o right you are hehe
08:15 mircea_popescu in general people seem to be more like fishing for "the sure thing" than acting strategically.
08:16 mircea_popescu if real odds are 30 and the site shows 50 you're more likely to see people piling on the heavy side i think
08:16 Neil Next diff change looks like ~ 1.82 bn
08:16 mircea_popescu .d
08:16 ozbot 1418481395.26264 | Next Diff in 325 blocks | Estimated Change: 23.6009% in 1d 17h 2m 52s
08:17 mircea_popescu more like 1.75 neh ?
08:17 Neil Nah; definitely over 1.8
08:17 Neil I reckon instantaneous diff is ~ 2bn
08:18 Neil (i.e. from instantaneous hashrate)
08:19 mircea_popescu instantaneous hash rate is a myth tho
08:19 Neil I disagree. You can make good estimates of it.
08:20 Neil There is of course quite wild variance, which is where a modicum of skill comes in, but not much
08:20 mircea_popescu but hash rate is "how many times per second did we fail to solve a specified problem"
08:20 mircea_popescu this in principle is infinity.
08:21 assbot [MPEX] [S.MPOE] 68100 @ 0.00084821 = 57.7631 BTC [-]
08:21 mircea_popescu anyway, sipa's dirty estimator kind-of agrees with you, http://bitcoin.sipa.be/speed-lin-10k.png
08:21 Neil I track it in a s/s of my own; do my own thing :)
08:23 Neil It's amazing the 25% replacement rate continues.
08:23 assbot AMAZING COMPANY!
08:23 Neil I wonder if we make 1 exahash/sec this year.
08:24 mircea_popescu at the rate it's going...
08:29 Neil Well, baggsied that as a new proposition, and funded it :)
08:38 ThickAsThieves the Yes bets keep piling up, taking all my hard-earned bettings
08:41 Neil ThickAsThieves: You could always bet No :)
08:41 assbot [MPEX] [S.MPOE] 64884 @ 0.00084716 = 54.9671 BTC [-] {2}
08:42 ThickAsThieves weight drops too slowly :(
08:43 Neil Satoshi was quite forward-thinking; clearly saw the possibility of such high difficulties given the FP-like format "bits" is encoded as
08:43 mircea_popescu lol hard earned betting
08:43 ThickAsThieves i'm always hard when I earn
08:44 mircea_popescu you've not earnd till it pays out
08:44 ThickAsThieves premature hardening
08:44 Neil These difficulty bets should have a slightly larger window of closing to resolution than 5 days IMO. It tends to be too obvious then. At least a full cycle (10-12 days) should be the gap.
08:44 mircea_popescu Neil i think our 50:1 bs is misstating the point. a guy betting no only gets 4x his btc
08:44 mircea_popescu and let me point out to you that originally nobody thought there's a chance in hell it reaches 2bn by feb.
08:45 mircea_popescu so the window was ample back when the bet was made.
08:45 Neil True. A guy betting Yes just gets a crumb :)
08:45 ThickAsThieves even now you can throw 50 btc at it and get 3.5btc, but of course that will turn to .35 btc by the time the bet is over
08:45 Neil I think the only one profiting from this bet is bitbet
08:46 mircea_popescu so basically you can either risk 1 btc for 7 cents on one side, or risk 1 btc for 4 btc on the other side
08:46 mircea_popescu this does not equate to 50:1, not really.
08:46 ThickAsThieves basically betting that there's a fork or something
08:46 mircea_popescu if there's a 2 day fork say the no people will make out like bandits.
08:47 Neil 2-day fork, lol.
08:47 ThickAsThieves btcusd would go to 135 again
08:47 ThickAsThieves hehe
08:47 mircea_popescu the march one was what, 18 hours ?
08:47 ThickAsThieves this reminds me
08:47 ThickAsThieves back then, all the pool ops worked together
08:47 Neil Not that long; I was watching it. Perhaps 12.
08:47 ThickAsThieves but now, ghash.io is a big player
08:48 mircea_popescu im pretty sure it was over 12 but under a full day
08:48 ThickAsThieves do they play nice with all the other ops?
08:48 mircea_popescu i find it fitting that the first comment on the largest prop bet in the history of bitcoin is "beware of this scammy website"
08:48 Neil ThickAsThieves: It's still game theory; they'd lose if they piss too many players off. More incentive to be nice I think.
08:49 Neil mircea_popescu: Well let's see if you pay out...
08:49 mircea_popescu i suppose the #1 reason noobs are still being scammed blind is the fact that idiots run arround making false scammer claims all teh time
08:49 mircea_popescu that's a point i guess.
08:49 ThickAsThieves The boy who cried BFL
08:50 Neil Yeah this is about $1.3m now. Insane.
08:50 mircea_popescu Neil that gaming theory has the barb that it workls in reality, not in people's imagination. there's a huge premium on pissing off the right crowd of people.
08:50 Neil Don't understand your 2nd sentence?
08:50 ThickAsThieves After all the reddit scare, I wonder if the pool simply set up a way to anonymize some of its hashing
08:50 Neil ThickAsThieves: That thought occurred to me too.
08:50 mircea_popescu Neil take bitbet. part of its success has to do with me pissing all over the reddit crowd and its sensibilities.
08:51 mircea_popescu basically bitcoin rewards exactly the opposite behaviour that us elections reward.
08:51 Neil mircea_popescu: You're on reddit? Dunno the history there.
08:51 mircea_popescu ;;google bitbet stole
08:51 gribble BitBet Stole ~$7,000 from me (10 BTC) - Bitcoin Forum: <https://bitcointalk.org/index.php?topic=339544.0>; BitBet - US Federal Minimum Wage will be raised above $7.25 by ...: <http://bitbet.us/bet/355/us-federal-minimum-wage-will-be-raised-above/>; BitBet - Bitfinex insolvent by end of April: <http://bitbet.us/bet/362/bitfinex-insolvent-by-end-of- (1 more message)
08:51 mircea_popescu read teh first one
08:51 Neil Ah yeah I know that one.
08:51 ThickAsThieves they voted to return the money, why havent you!?
08:52 ThickAsThieves :)
08:52 mircea_popescu because i think their opinion is not worth the shit it's carved in.
08:52 Duffer1 lol
08:52 Duffer1 voting, that's cute
08:52 mircea_popescu no but see, that's the electoral system. people with no skin in the game vote on how the game should be run
08:52 mircea_popescu then you get the us govt.
08:53 mircea_popescu another way of saying "concern trolling on a planetary scale"
08:53 Neil ThickAsThieves: ghash.io is part itself (cex?) and part individual miners. They could move their own hashing to appear anon. Can't do that with external miners to the pool I think.
08:53 ThickAsThieves i think it's funny that voting is optional
08:54 ThickAsThieves Neil, I'm sure there's a way they could do it
08:54 ThickAsThieves have it all be in the pool
08:54 mircea_popescu they could just solve each block off a different ip.
08:54 ThickAsThieves but not show as such
08:54 mircea_popescu who's to stop them ?
08:55 mircea_popescu even ipv4 cost like 2-300 bucks per c block
08:55 Neil mircea_popescu: Then the pool payouts wouldn't match contributed hashrate.
08:55 mircea_popescu ipv6 are free pretty much
08:55 mircea_popescu neil why not ?
08:55 ThickAsThieves they could sort that too probly
08:55 Neil All GHash.io blocks are stamped that way.
08:55 mircea_popescu no but they just broadcast the block off a new ip each time
08:56 mircea_popescu they can trivially separate broadcasting, what's to keep them
08:56 Neil But then what would they be paying miners with? A miner would notice he got a block and the pool didn't claim it, at some point.
08:56 mircea_popescu i don't follow what you are saying at all.
08:56 Apocalyptic neither do I
08:56 Apocalyptic "A miner would notice he got a block" // how so ?
08:56 ThickAsThieves the goal isnt to hide earnings, its to hide who made them from the public
08:57 Apocalyptic miners just solve shares
08:57 mircea_popescu and all the public has to go on is the very dubious blockchaininfo ip identification
08:57 Neil Apocalyptic: Miners don't know when they got the one that solved it? I'm sure they do.
08:57 mircea_popescu sooo /
08:58 ThickAsThieves its okay for the miner to see what they solcve and get paid bonuses
08:58 ThickAsThieves we only need to mask the source in public
08:59 ThickAsThieves ghash.io is probly at 60%
08:59 ThickAsThieves double-spending selectively
08:59 ThickAsThieves :)
08:59 mircea_popescu lol right
08:59 mircea_popescu double spending selectively some confused dork's unheard of casino site
08:59 mircea_popescu help help.
09:00 decimation hi. I'm a noob to the channel, but I note the conversation shifted to mining - and I was wondering if anyone had experience with kncminer stuff?
09:00 VanCleef i only buy labcoin hardware
09:00 ThickAsThieves didnt kako buy one?
09:00 mircea_popescu decimation you mean running it or what ?
09:00 mircea_popescu i thought kako bought furries
09:00 ThickAsThieves you may be right
09:01 decimation yes. I ordered a "2nd batch" neptune for ~11 btc and I was wondering about the probability it would actually arrive and work would be
09:01 Neil ThickAsThieves: Was that your comment about closing the bet now? hehe
09:01 mircea_popescu afaik knc actually delivers.
09:01 ThickAsThieves Neil, no, hehe
09:01 Duffer1 decimation yea knc will deliver, just don't buy any more
09:01 assbot [MPEX] [S.MPOE] 21400 @ 0.00084527 = 18.0888 BTC [-]
09:01 ThickAsThieves they may deliver, but will you get 11btc from it....
09:01 Neil lol
09:01 mircea_popescu i'm looking forward to the "bitbet should close all the bets and send all the bitcoins to me plzkthx"
09:02 mircea_popescu i know they're coming.
09:02 decimation yeah, that's the dubious part, they claim 3 TH/s, but the difficulty in 6 months ...
09:02 decimation perhaps I should hedge on bitbet :)
09:02 ThickAsThieves like blockchain beggars
09:02 ThickAsThieves that's a nextgen band name
09:02 Duffer1 gambling is not hedging :P
09:02 mircea_popescu ThickAsThieves in a functioning economy he gets it just in time to mine 10.98x btc off it
09:02 ThickAsThieves The Blockchain Beggars
09:02 ThickAsThieves The Blockchain Beggars Club
09:02 pankkake knc delivers but from what I understand the miners eventually explode
09:03 mircea_popescu pankkake all miners eventually explode. even the radeon ones,
09:03 mircea_popescu and those had like you know, actual qa done on them
09:03 pankkake gpus can be put in microwaves and they're as new!
09:03 ThickAsThieves i sold one of my GPUs for more than I paid for it new
09:03 mircea_popescu or in really really hot girl's snatches
09:03 ThickAsThieves baffled me
09:03 mircea_popescu i read it on reddit so it must be troe
09:05 mircea_popescu http://bitbet.us/bet/712/bitcoin-difficulty-over-5-6b-before-april/ << these'd look a lot better seeded the other way lol
09:05 ozbot BitBet - Bitcoin difficulty over 5.6B before April
09:05 KRS1 https://bitcoinstarter.com/projects/85
09:05 ozbot Bitcoinstarter - Bitcoin Crowdfunding | PeerCover
09:05 Neil 5.6bn is quite high; could easily miss on the downside there
09:05 mircea_popescu so we got 2bn end of jan, 5.6 bn end of march, 14bn july 14th
09:05 mircea_popescu sounds legit
09:05 Neil July looking like the outlier
09:05 Neil too low
09:06 KRS1 what do you guys think of that?
09:06 ThickAsThieves come March, itll be petahashes added through the day
09:06 mircea_popescu KRS1 "yet another tranny thinking he's a woman / guy with dreamweaver thinking he's a coder / guy with a student loan thinking he's a financier making some dumbass social platform tht won't go anywhere and he won't stop talking about"
09:07 KRS1 i have no idea how you can insure a bitcoin wallet.
09:07 mircea_popescu but that's just me.
09:07 KRS1 huh..its wallet insurance
09:07 Duffer1 i don't see how it will be used for anything other than scamming
09:07 mircea_popescu no it's not. it's a website and a dumbass.
09:07 KRS1 hmm..ok
09:07 mircea_popescu or a dumbass and his website, or a website and its dumbass or however this works.
09:08 Neil I don't get it.
09:08 ThickAsThieves dont bother
09:08 Neil But then I'd have said that about bitcoin back in 2009
09:08 mircea_popescu yes well just because we found a black swan is no reason to go looking for black lions.
09:09 mircea_popescu the apex predator in africa is blond and that's that.
09:09 KRS1 is it even possible to provide wallet insurance and successfully make a profit?
09:09 Neil Wouldn't be surprised to see 2bn difficulty bet could get to 1500 total. Would that be a record?
09:09 mircea_popescu KRS1 does it work irl ? anyone insure wallets ?
09:09 KRS1 i cant see how
09:09 KRS1 there is a new offering from the U.K. for that
09:09 Neil KRS1: Only in a controlled and verified env I suspect.
09:10 mircea_popescu http://bitbet.us/bet/7/bfl-will-deliver-asic-devices-before-march-1st/ that's the prev record
09:10 ozbot BitBet - BFL will deliver ASIC devices before March 1st
09:10 decimation one can purchase jewelry insurance in the US
09:10 mircea_popescu ~1690 btc
09:10 Neil Ooh, that'd be tough
09:10 ThickAsThieves Black lion: http://3.bp.blogspot.com/-_heeghxjKZE/T9fI6Cqtn7I/AAAAAAAACVE/OZADVRPqecw/s1600/Black%2Blion%2Bin%2Bmud.jpg
09:10 KRS1 maybe thats why the U.K. offering is hosted on AWS
09:10 mircea_popescu i knew that'd turn into a challenge :D
09:10 KRS1 ok well I'll leave you guys alone..thanks anyway.
09:10 mircea_popescu decimation yes, but not against "i accidentally flushed it down the toilet" scenarios
09:12 Neil I give it 60% chance of getting to 1690. The leeches will come in in about 1 week (on either side) when the outcome will be clear, even to scrape a 2%
09:13 Neil If it veers to no, I hate to think how big the bets become
09:13 mircea_popescu srsly, if there's a sudden gulp and it looks like no have the upper hand...
09:13 mircea_popescu whoa nelly.
09:14 Neil bitbet's Jan earnings should be good
09:14 mircea_popescu maybe some dork manages to send a donation bet for whatever, 5k btc
09:15 mircea_popescu prolly the sort of thing i deserve for my hybric nature.
09:15 Neil The difficulty is known at the block prior to the block with the new difficulty (it's a 2015 block window). So theoretically bets in the period of the 2016th block should be refunded.
09:16 Neil trivia
09:17 ThickAsThieves heh
09:20 decimation http://www.perfectcircleinsurance.com/PerfectCircle/media/MediaLibrary/Images/content/Perfect-Circle-Jewelry-Insurance-Sample-Policy.pdf
09:20 decimation There is an example jewelry insurance policy
09:20 KRS1 hmm
09:21 decimation they insure against loss; not intentional loss
09:21 KRS1 yeah i dig it but...its not a bitcoin wallet.
09:21 KRS1 its easier to lose or flush down the toilet..wondering how peercover will do this
09:21 decimation Indeed, the risks are obviously much greater for a btc wallet
09:21 KRS1 i bet the said wallet has to be hosted on their platform or something
09:22 decimation and there are not any actuarial tables
09:22 Neil https://en.bitcoin.it/wiki/Difficulty
09:22 KRS1 and under 2btc for $X plan
09:22 Neil "Here's a fast way to calculate bitcoin difficulty" folllowed by lots of spaghetti from Amir.
09:22 Neil There's a much faster way that uses no logs or bignums...
09:23 mircea_popescu decimation the argument could be brought that all loss of a bitcoin wallet is intentional.
09:23 mircea_popescu Neil afaik that site/article is 1-2 years out of date throughout
09:23 Neil The facts are right I think; the code sucks.
09:24 assbot [MPEX] [S.MPOE] 24937 @ 0.00084499 = 21.0715 BTC [-]
09:24 Neil Though he doesn't mention the 2015 block peculiarity
09:24 mircea_popescu the only actual datapoints are the block timestamps.
09:25 mircea_popescu given the nature of hashing these can only be extrapolated into a hash estimate, which may vary arbitrarily much from the real value
09:31 assbot [HAVELOCK] [AM100] 290 @ 0.00514406 = 1.4918 BTC [-] {9}
09:40 diametric morning
09:40 diametric afternoon or evening I suppose.
09:41 KRS1 hey
09:56 assbot [HAVELOCK] [CFIG] 10 @ 0.10739999 = 1.074 BTC [-] {4}
10:08 assbot [HAVELOCK] [AM1] 1 @ 0.53619775 BTC [-]
10:16 assbot [HAVELOCK] [AM100] 68 @ 0.00538578 = 0.3662 BTC [+] {2}
10:18 assbot [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [+]
10:25 assbot [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
10:30 assbot [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [+]
~ 24 minutes ~
10:54 assbot [HAVELOCK] [AM1] 6 @ 0.5783333 = 3.47 BTC [+] {5}
11:01 assbot [HAVELOCK] [AM100] 58 @ 0.0053828 = 0.3122 BTC [-]
11:07 assbot [HAVELOCK] [AM100] 42 @ 0.0053828 = 0.2261 BTC [-]
11:20 assbot [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [-]
11:24 assbot [HAVELOCK] [AM100] 100 @ 0.00513209 = 0.5132 BTC [-] {4}
11:28 assbot [HAVELOCK] [AM100] 60 @ 0.0051512 = 0.3091 BTC [+]
11:29 assbot [HAVELOCK] [AM100] 290 @ 0.00511562 = 1.4835 BTC [-] {12}
11:37 assbot [MPEX] [S.MPOE] 31092 @ 0.00084566 = 26.2933 BTC [+] {3}
11:50 ThickAsThieves ;;estimate
11:50 gribble Next difficulty estimate | 1757489193.24 based on data since last change | 2051188187.74 based on data for last three days
11:51 assbot [MPEX] [S.MPOE] 4400 @ 0.00084412 = 3.7141 BTC [-]
12:04 assbot [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
12:07 assbot [HAVELOCK] [AM1] 1 @ 0.5875 BTC [+]
12:15 assbot [HAVELOCK] [HIF] 210 @ 0.00048924 = 0.1027 BTC [-] {2}
12:23 assbot [HAVELOCK] [MS] 250 @ 0.005 = 1.25 BTC
12:24 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
12:38 mircea_popescu http://trilema.com/2014/more-about-caesar-cyphers/#comment-97491 << the mystery solved.
12:38 ozbot More about Caesar cyphers pe Trilema - Un blog de Mircea Popescu.
12:38 mircea_popescu apparently my mistake was thinking the mobsters can spell.
~ 20 minutes ~
12:59 assbot [HAVELOCK] [KCIM] [PAID] 2.17250000 BTC to 86`900 shares, 2500 satoshi per share
13:00 assbot [HAVELOCK] [SFI] 2148 @ 0.001 = 2.148 BTC [+]
13:02 assbot [MPEX] [S.MPOE] 13550 @ 0.0008455 = 11.4565 BTC [-]
~ 18 minutes ~
13:21 the20year Anyone want to take a look at this next revision of the RentalStarter biz plan?
13:21 truffles must be amazing
13:21 assbot AMAZING COMPANY!
13:23 the20year :D
13:23 the20year Started with 12 pages, it's now 26
13:23 the20year My goal there is to keep showing new revisions, asking for feedback on things people want answered, and add it to the next one
13:36 assbot [HAVELOCK] [NEOBEE] 70 @ 0.00297 = 0.2079 BTC [-] {2}
13:36 assbot [HAVELOCK] [PETA] 4 @ 0.04999999 = 0.2 BTC [+]
13:38 assbot [HAVELOCK] [NEOBEE] 250 @ 0.00296 = 0.74 BTC [-]
13:39 assbot [HAVELOCK] [PETA] 13 @ 0.04999999 = 0.65 BTC [+]
~ 36 minutes ~
14:15 assbot [MPEX] [S.MPOE] 11453 @ 0.00084572 = 9.686 BTC [+]
~ 19 minutes ~
14:35 assbot [MPEX] [S.MPOE] 29674 @ 0.00084506 = 25.0763 BTC [-] {2}
~ 16 minutes ~
14:51 assbot [HAVELOCK] [AM1] 3 @ 0.58743333 = 1.7623 BTC [-] {2}
14:52 nubbins` hi
14:52 assbot [HAVELOCK] [AM1] 4 @ 0.5876625 = 2.3507 BTC [+] {3}
14:56 the20year hi
14:56 nubbins` what's new
15:01 assbot [HAVELOCK] [NEOBEE] 92 @ 0.00295208 = 0.2716 BTC [-] {2}
15:01 assbot [HAVELOCK] [PETA] 5 @ 0.04999999 = 0.25 BTC [+]
15:06 assbot [MPEX] [S.MPOE] 22973 @ 0.00084418 = 19.3933 BTC [-] {2}
15:07 assbot [MPEX] [S.MPOE] 47677 @ 0.00084324 = 40.2032 BTC [-] {3}
15:14 the20year just working on this rentalstarter biz plan
15:17 assbot [HAVELOCK] [AM100] 25 @ 0.00510002 = 0.1275 BTC [-]
15:19 assbot [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
15:25 assbot [HAVELOCK] [HMF] 10 @ 0.02996999 = 0.2997 BTC [-]
15:28 b0n1 hey guys! I remember there will be a bitcoin conference in romania beginning for 2014, right?
15:29 b0n1 when is it and where can I register?
15:29 b0n1 for=of
15:30 Duffer1 ;;google 2014 romanian bitcoin conference
15:30 gribble 2014-03-06: Texas Bitcoin Conference - Bitcoin Forum: <https://bitcointalk.org/index.php?topic=363816.0>; Meetups - Bitcoin Forum: <https://bitcointalk.org/index.php?board=86.0>; Bitcoinvention - the First Bitcoin Conference in Asia - PRWeb: <http://www.prweb.com/releases/2013/10/prweb11250158.htm>
15:36 KRS1 ta daaa
15:36 assbot [HAVELOCK] [AM100] 90 @ 0.00521992 = 0.4698 BTC [+] {2}
15:44 assbot [MPEX] [S.MPOE] 8400 @ 0.00084756 = 7.1195 BTC [+]
~ 50 minutes ~
16:35 assbot [HAVELOCK] [PETA] 3 @ 0.04999999 = 0.15 BTC [+]
16:36 assbot [HAVELOCK] [HMF] 9 @ 0.02640021 = 0.2376 BTC [-]
16:38 assbot [HAVELOCK] [HMF] 14 @ 0.0264002 = 0.3696 BTC [-] {2}
~ 17 minutes ~
16:55 assbot [HAVELOCK] [DEALCO] 65 @ 0.00345822 = 0.2248 BTC [-] {5}
17:00 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
~ 20 minutes ~
17:20 assbot [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
17:21 kakobrekla i dont think theres one correct link there
17:22 kakobrekla b0n1 : trilema.com/2013/the-conference-second-edition/
17:27 assbot [HAVELOCK] [AM100] 46 @ 0.00523 = 0.2406 BTC [+]
17:30 assbot [HAVELOCK] [PETA] 5 @ 0.04999999 = 0.25 BTC [+]
17:38 assbot [MPEX] [S.MPOE] 20300 @ 0.00084437 = 17.1407 BTC [-]
17:38 kakobrekla are there any smart smoke detectors avail?
17:39 ThickAsThieves Nest
17:40 ThickAsThieves https://nest.com/smoke-co-alarm/life-with-nest-protect/
17:40 ozbot Life with Nest Protect | Nest
17:40 pankkake oh, that is interesting. I came home and the detector was beeping
17:40 kakobrekla hm that could work
17:41 pankkake took me some time to actually understand that was the detector
17:41 kakobrekla im getting paranoid my office is going to end up in fire for some reason
17:41 kakobrekla must be all these cheap monitors
17:41 pankkake I hope it didn't annoy the neighbors too long…
17:42 asciilifeform kakobrekla: phun phact: you can still buy Halon.
17:42 kakobrekla was dat
17:42 pankkake I have a vacuum tube amplifier, I think it's going to explode eventually
17:42 kakobrekla i have ecc88 preamp too
17:42 pankkake oh, halogen lamps? I'm never having one near me again
17:43 asciilifeform http://en.wikipedia.org/wiki/Halomethane
17:43 ozbot Halomethane - Wikipedia, the free encyclopedia
17:43 pankkake when I was a child, one exploded, and it started a fire on my bed
17:43 asciilifeform best fire extinguishing agent ever invented
17:43 asciilifeform works without displacing oxygen.
17:43 pankkake made a small hole on the sheets
17:43 asciilifeform semi-banned by enviro-whiners. but still obtainable.
17:44 kakobrekla hm
17:44 kakobrekla why do i have a feeling this would reqire lots of diy
17:45 asciilifeform you can buy halon bottles with self-opening valves (smoke detector)
17:45 asciilifeform or ordinary fire extinguishers filled with it.
17:45 asciilifeform the enviro-whiner substitute for halon, 'halotron', is considerably less effective and more poisonous.
17:47 kakobrekla hmyea
17:49 assbot [MPEX] [S.MPOE] 15000 @ 0.00084481 = 12.6722 BTC [+]
17:55 assbot [HAVELOCK] [AM100] 64 @ 0.00524945 = 0.336 BTC [+] {3}
17:57 ThickAsThieves vacuum tubes amps dont really explode
17:57 ThickAsThieves not that ive experienced
17:57 ThickAsThieves ive heard tubes pop
17:57 ThickAsThieves but nothing dramatic
18:02 b0n1 we are 3 people, do i have to pay 10 BTC for every single person for the conference?
18:04 assbot [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
18:12 assbot [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
18:14 assbot [MPEX] [S.MPOE] 14400 @ 0.00084529 = 12.1722 BTC [+] {2}
18:16 assbot [HAVELOCK] [HMF] 14 @ 0.02650001 = 0.371 BTC [-] {2}
18:18 kakobrekla b0n1 ?
18:18 kakobrekla if you are vip you pay something like 1k eur or usd or whatever
18:18 kakobrekla if you are not you dont pay anything
18:19 kakobrekla at least that how i get it
18:22 assbot [HAVELOCK] [AM100] 165 @ 0.0051113 = 0.8434 BTC [-] {5}
18:25 assbot [HAVELOCK] [PETA] 99 @ 0.04999999 = 4.95 BTC [+]
~ 29 minutes ~
18:55 assbot [HAVELOCK] [CBTC] 2534 @ 0.000084 = 0.2129 BTC [-]
18:55 assbot [HAVELOCK] [AM1] 1 @ 0.55770301 BTC [-]
~ 18 minutes ~
19:13 assbot [HAVELOCK] [AM100] 152 @ 0.00510002 = 0.7752 BTC [-] {3}
19:18 assbot [HAVELOCK] [CBTC] 10000 @ 0.00008048 = 0.8048 BTC [-] {22}
19:30 assbot [HAVELOCK] [AM1] 2 @ 0.55770102 = 1.1154 BTC [-]
19:32 assbot [MPEX] [S.MPOE] 850 @ 0.00084437 = 0.7177 BTC [-]
19:33 assbot [HAVELOCK] [MS] 95 @ 0.005 = 0.475 BTC
~ 15 minutes ~
19:48 mircea_popescu soo anyone heard anything of deprived ?
19:49 assbot [HAVELOCK] [CBTC] 5870 @ 0.00007982 = 0.4685 BTC [-] {3}
19:49 Duffer1 last i saw of him was a post about his indecision regarding ciphertrade
19:50 assbot [MPEX] [S.MPOE] 20450 @ 0.0008425 = 17.2291 BTC [-] {2}
19:50 assbot [HAVELOCK] [HMF] 7 @ 0.0263052 = 0.1841 BTC [-] {2}
19:50 mircea_popescu like november ?
19:51 mircea_popescu https://bitcointalk.org/index.php?topic=409408.new#new << meanwhile at the lol farm
19:51 ozbot ANN: Freesociety.com will sell land for bitcoins in a government-free zone
19:51 assbot [HAVELOCK] [AM1] 3 @ 0.55770101 = 1.6731 BTC [-] {2}
19:51 mircea_popescu ". The world in general and bitcoin in particular are all stocked up on vague allusions to anticipated greatness."
19:51 Duffer1 novemberish sounds right
19:52 Duffer1 oh joy our very own galts gulch
19:53 Duffer1 hope someone knows how to farm >.<
19:53 mircea_popescu im sure it'll jujst be a website.
19:53 mircea_popescu https://bitcointalk.org/index.php?topic=409869.0 < bfl taking it to the next level
19:53 diametric watching people try to scam bitcoin makes me miss my days of playing eve.
19:53 ozbot FRAUD ALERT!! IMPOSTER WEBSITE
19:54 Duffer1 was it this bad in eve?
19:54 mircea_popescu diametric pretty much the same huh ?
19:54 diametric mircea_popescu: yup, sometimes i see scams i swear are word for word, replacing isk for btc.
19:54 mircea_popescu Duffer1 the main town is pretty much a constant spam of "send us monez we send back monez"
19:54 Duffer1 ah
19:54 diametric I made almost all my money scamming.
19:55 diametric Mostly fake mining protection contracts and fake system renting
19:55 Duffer1 i 'played' eve for a few hours, i never got the impression i was 'playing' anything, more like watching eve
19:55 mircea_popescu Duffer1 kinda it. there still is the bitcoin eve guild, but fuck me if i can be bothered with eve, i'd rather supervise excel monkeys
19:56 Duffer1 any plans for Star Citizen?
19:56 mircea_popescu go ahead and make it
19:56 diametric i traded playing mmos for playing with cool stuff like laser cutters.
19:57 mircea_popescu meanwhile here's a sort-of shy naked chick http://24.media.tumblr.com/6b8874233d3f60184b9132024b1ceaf0/tumblr_my5i3fF6Ji1s9rg6lo1_1280.jpg
19:57 Duffer1 i traded mmos for naval gazing
19:58 assbot [MPEX] [S.MPOE] 32550 @ 0.00084294 = 27.4377 BTC [+]
19:58 Duffer1 just waiting for something good to come out
19:58 mircea_popescu i like rift.
19:59 Duffer1 i tried that too, i'm just too tired of the middle earth magic fantasy, i need sci-fi
20:00 diametric while not an MMO, the Mass Effect series is very good
20:01 mircea_popescu ;;ident diametric
20:01 gribble Nick 'diametric', with hostmask 'diametric!~diametric@2604:3400:dc1:43:216:3eff:fe27:bf9d', is not identified.
20:01 mircea_popescu be so kind wouldja
20:01 diametric i should put that into my bouncer startup.
20:01 mircea_popescu Duffer1 i hate sci-fi. never could get into it.
20:01 mircea_popescu diametric careful not to lose the key tho.
20:01 diametric hmm yeah...
20:01 diametric maybe I won't then
20:02 mircea_popescu there's no big deal signing in when needed. that's how i do it at any rate, nickserv is good enough for just casual chat
20:02 Duffer1 i've yet to see a sci-fi mmo i've liked
20:02 Duffer1 is it the genre or just the games you dislike mp?
20:03 Duffer1 i know you've read heinlien :P
20:03 Duffer1 heinlein*
20:03 diametric mircea_popescu: yeah, loading up my laptop right now. on my wife's imac at the moment.
20:04 truffles using ur wife's pc hmmm
20:04 mircea_popescu it's the genre really.
20:04 mircea_popescu fantasy is pulp that knows it's pulp. sci-fi is pulp with a pretense. i never like that much.
20:07 KRS1 how does one ipo over the ripple protocol..is there such a thing?
20:07 KRS1 buy ripple with those ripple assigneed to shares of the ipo somehow?
20:07 mircea_popescu just by signing in, basically, neh ?
20:07 mircea_popescu as in your ripples could as well be shares as anything else
20:08 KRS1 ah ok that explains it..just as i thought
20:08 diametric truffles: its because i'm upstairs, i usually keep my laptops/computers downstairs with my toys: http://i.imgur.com/xHo4VDX.jpg
20:08 Duffer1 MP do you have a few favorites?
20:08 Duffer1 2 makerbots?
20:09 truffles nice
20:09 KRS1 nice lab..also..if the 70's ever rolls around again, you are already remodeled =D
20:09 diametric ;;ident diametric
20:09 gribble Nick 'diametric', with hostmask 'diametric!~diametric@2604:3400:dc1:43:216:3eff:fe27:bf9d', is identified as user 'diametric', with GPG key id BDD47433133081CF, key fingerprint 0789CB4F508B384EB74CEFBFBDD47433133081CF, and bitcoin address None
20:09 diametric Duffer1: clones, in the picture there are a total of 7 3d printers
20:10 diametric mircea_popescu: there we go
20:11 Duffer1 i see
20:11 mircea_popescu Duffer1 notrly. they don't do nearly enough sex to make the cut as a rule.
20:11 Duffer1 ha
20:13 Duffer1 i've found that to be true of fantasy and sci-fi
20:13 Duffer1 with the exception of the altered carbon series
20:13 mircea_popescu nah, fantasy has the advantage it's much, much older. stuff like gargantua y pantagruel counts in my eyes.
20:15 mircea_popescu and with it, you know. most of strabo, shakespeare, everyone writing before the industrial revolution is writing stuff indistinguishable from fantasy.
20:15 Duffer1 fascinating
20:15 diametric I have to admit though, good sci-fi is good.
20:15 diametric but there is significantly more bad sci-fi than bad fantasy.
20:16 mircea_popescu moreover, i understand a lot more science than whatever rules fantasy.
20:16 mircea_popescu so very easy to spoil even principally good sf.
20:16 diametric yeah, thats a problem. fantasy has its own internal consistency, you know, magic. you can suspend your disbelief easier.
20:17 mircea_popescu take... i dunno, take clarke's thing with the rotating space straw.
20:17 diametric but every time i watch a scifi where some motherfucker hacks a system like he's playing a puzzle game
20:17 diametric it makes me want to punch the screen
20:17 mircea_popescu plenty of good ideas, but you're telling me some people live inside a fake-gravity spinning straw ? it's ridiculous.
20:17 assbot [MPEX] [S.MPOE] 31800 @ 0.00084456 = 26.857 BTC [+]
20:19 Duffer1 i've never even heard of gargantua and pantagruel, any other classics you can think of?
20:19 Duffer1 i'm always looking for new books
20:19 mircea_popescu o for fucks sake. what do they do in school
20:19 mircea_popescu these are the foundational books of western thought.
20:19 Duffer1 16th french fantasy doesn't come up often :P
20:20 Duffer1 don't get me started on american "education"
20:20 mircea_popescu anyway, the decameron, read that ?
20:20 benkay we need mircea_popescu's 5 foot shelf
20:20 Duffer1 i have not
20:20 mircea_popescu my cock is 5 foot. my shelf is longer
20:21 mircea_popescu Duffer1 yes well you won't get too far in life w/o rabelais and boccaccio etc
20:21 benkay just a reference to the harvard classics (http://en.wikipedia.org/wiki/Harvard_Classics)
20:21 mircea_popescu these dudes were writing post-meta-deconstructivist works on the bitcointalk scams cca 1500
20:21 mircea_popescu didja read candide ?
20:22 Duffer1 if it's over 100yo and not plutarch or shakespeare then i probably haven't read it
20:23 mircea_popescu scandalous.
20:23 mircea_popescu well that's what i mean when i write about "teaching people to read and write and nothing else"
20:23 Duffer1 though i do have sophacles on my shelf i haven't been able to bring myself to open it
20:23 mircea_popescu you're illiterate, basically. like it or not it's what it is.
20:23 truffles :-0
20:24 Duffer1 oh and diary of a woman of pleasure was nice ^.^
20:24 mircea_popescu sophocles is perhaps a little hermetic if you don't understand the context
20:24 mircea_popescu but all the stuff above is eminently readable
20:24 mircea_popescu it's actually what created the expectation of "timelessness" in art.
20:25 Duffer1 candide or all you've listed so far?
20:25 mircea_popescu all
20:25 mircea_popescu and you know, cervantes, but not some retarded abridged version
20:25 mircea_popescu steer clear of all the puritan bawdlerizations of all of these, that's like millitant illiteracy
20:26 truffles where does one find the time to read that much these days
20:27 mircea_popescu http://upload.wikimedia.org/wikipedia/en/a/af/Times-Bowdler.png for perpetual shame&damnation
20:27 Duffer1 ha cervantes, i plan on naming one of my star citizen ships Rocinante
20:27 mircea_popescu truffles i'd rather re-read voltaire than re-read forum idiocy nominally "new" and written by some "new" guy but factually the exactly same rehash
20:27 assbot [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
20:28 Duffer1 defects!
20:28 Duffer1 what a dick
20:29 truffles forums..
20:29 truffles not for me
20:30 mircea_popescu richard henry dana, jr ? funny list there benkay
20:32 assbot [HAVELOCK] [CBTC] 5066 @ 0.00008949 = 0.4534 BTC [+] {6}
20:32 assbot [MPEX] [S.MPOE] 19550 @ 0.00084632 = 16.5456 BTC [+]
20:33 assbot [HAVELOCK] [CBTC] 1153 @ 0.00009188 = 0.1059 BTC [+] {2}
20:34 mircea_popescu and to go past the written word : http://www.imdb.com/title/tt0078813/
20:34 mircea_popescu probably de funes' best work
20:37 mircea_popescu .d
20:37 ozbot 1418481395.26264 | Next Diff in 222 blocks | Estimated Change: 24.2325% in 1d 4h 0m 40s
20:41 Vexual .}σϰ□
20:42 Duffer1 bah torrent search of The Miser just gives me le mis
20:42 Duffer1 can't afford newsgroups atm >.<
20:44 mircea_popescu talk to pankkake, i think they give them a copy with their passport.
20:51 truffles haha¨
20:55 assbot [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
21:01 KRS1 .bait
21:01 ozbot http://24.media.tumblr.com/9a06d1485edd917fc9cb9b3e6f94f1b4/tumblr_mu3p1mgbTb1rpb19ko1_1280.jpg
21:02 KRS1 .bait
21:02 ozbot http://24.media.tumblr.com/9a06d1485edd917fc9cb9b3e6f94f1b4/tumblr_mu3p1mgbTb1rpb19ko1_1280.jpg
21:02 KRS1 dibs on the one on the left
21:03 mircea_popescu uhhh i think i know these two
21:03 Duffer1 why do i get the feeling .bait are just pics of MPs conquests
21:03 Duffer1 ha
21:03 mircea_popescu lkol
21:04 assbot [HAVELOCK] [AM1] 15 @ 0.53901933 = 8.0853 BTC [-] {6}
21:08 truffles ;;seeb BingoBoingo
21:08 gribble Error: "seeb" is not a valid command.
21:09 truffles ;;seen BingoBoingo
21:09 gribble BingoBoingo was last seen in #bitcoin-assets 1 day, 1 hour, 37 minutes, and 42 seconds ago: <BingoBoingo> Just remembet I take a break as soon as hockey coems on
21:09 truffles hockey should be done by now
21:12 wao-ender mircea_popescu: what happend with deprived?
21:14 KRS1 trilema had some nice galleries..cant find them anymore =/
21:15 assbot [MPEX] [S.MPOE] 7900 @ 0.00084705 = 6.6917 BTC [+]
21:22 assbot [MPEX] [S.MPOE] 10114 @ 0.0008482 = 8.5787 BTC [+] {2}
21:27 assbot [MPEX] [S.MPOE] 26500 @ 0.00084705 = 22.4468 BTC [-]
21:30 mircea_popescu wao-ender i have no idea, seems disappeared
21:30 nubbins` some forum guy registered sept 2013 with 0 trust wants to do a coin-for-coin trade with me
21:31 nubbins` "you must pay escrow and shipping for both of us though"
21:31 nubbins` lel
21:31 nubbins` GREAT DEAL
21:33 assbot [HAVELOCK] [AM1] 3 @ 0.53632192 = 1.609 BTC [-] {2}
21:34 assbot [HAVELOCK] [AM1] 2 @ 0.53632192 = 1.0726 BTC [-]
21:42 assbot [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
21:42 mircea_popescu why would one ever do such a swap ?
21:42 mircea_popescu outside of bored teenagers behind the bleachers type of situation
21:43 nubbins` i have some duplicates and want to expand my collection
21:43 KRS1 fricken people
21:44 nubbins` it's kind of risky though, because the other guy could just not send his coin
21:44 mircea_popescu or his coin could be fake
21:44 nubbins` nod
21:44 nubbins` any number of things
21:44 mircea_popescu it's more akin to exchanging underwear/chastity vows/whatever other amorous practices
21:44 mircea_popescu than commerce
21:45 nubbins` i mean, i've even got pgp-signed docs from casascius with md5 checksums of scans of the coins he sent me... but that doesn't stop me from making fakes with the same addresses
21:45 nubbins` so it's really a bit of a leap of faith either way
21:46 nubbins` but hey, maybe casascius kept all the private keys, or maybe my gold bullion is filled with tungsten, or maybe my coffee whitener is full of powdered melamine
21:46 nubbins` &c
21:46 gribble Error: "c" is not a valid command.
21:46 nubbins` oh shush gribs
21:49 nubbins` i do have to laugh at the people asking 40btc for their 25btc rounds, though
21:49 nubbins` or even worse, 30btc for their 10s
21:50 nubbins` find me a coin that a collector would pay $17,000 over spot for, y'know?
21:51 nubbins` unless it has the blood of rasputin on it or something, it's just taking the piss
21:51 mircea_popescu most collector coins trade over spot eh ?
21:51 nubbins` sure, yeah
21:51 nubbins` but $17k over?
21:51 nubbins` never
21:52 mircea_popescu ;;google flowing hair dollar
21:52 gribble Flowing Hair dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Flowing_Hair_dollar>; Sold! Rare, 1794 silver dollar fetches a record $10 million at auction ...: <http://www.dailymail.co.uk/news/article-2268474/Sold-Rare-1794-silver-dollar-fetches-record-10-million-auction-New-York.html>; Flowing Hair Dollar | eBay: <http://www.ebay.com/bhp/flowing-hair- (1 more message)
21:52 mircea_popescu seems to me 9.983 mn in gold would be a wee bit more than that coin's weight
21:52 nubbins` well color me shocked!
21:53 nubbins` and i thought the guy paying 50btc for the first-day 2011 1btc coin was crazy
21:53 assbot [HAVELOCK] [NEOBEE] 64 @ 0.00299968 = 0.192 BTC [+] {3}
21:53 mircea_popescu ;;google bust dolla
21:54 gribble Draped Bust dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Draped_Bust_dollar>; 1804 silver dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/1804_silver_dollar>; Flowing Hair dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Flowing_Hair_dollar>
21:54 nubbins` they weren't kidding about the bust
21:55 Vexual milka
21:56 nubbins` i went on a bit of a coin binge a few months ago
21:56 Duffer1 canadian mint?
21:56 nubbins` some from there (i'm in the "masters club" now), some from amagi, some from casascius
21:57 nubbins` if you were wondering, being in the masters club mostly just means you get a ton of junk mail
21:57 Duffer1 hehe
21:57 nubbins` first dibs on new releases too, but most of them are shitty these days
21:57 nubbins` you might see three or four coins worth buying throughout the year
21:58 nubbins` last gold one i bought was, i think, 2x spot
21:59 Duffer1 i've never bought precious metals, that sounds high
22:00 nubbins` it was a funny piece. odd weight, nice design, low mintage, very high purity (99999!)
22:01 nubbins` 1oz silver pieces are generally priced at $99, roughly 5x spot
22:02 Duffer1 ah
22:02 Duffer1 what's the point of a coin over a bar then?
22:04 KRS1 i think coins are lower weight..but at the end of the day..it doesnt matter if its a dildo.
22:04 nubbins` these are just collectible items. only bought for numismatic values.
22:04 nubbins` the mint also makes plain bullion coins (silver/gold maple leafs), that are sold for spot
22:04 Duffer1 i see
22:04 nubbins` but you can only buy those through resellers. they don't sell them directly to the public.
22:04 KRS1 nice way to cash out btc if you are facing regulatory problems with your banks
22:05 KRS1 heard stories about coinabul tho wouldnt use them
22:05 KRS1 their spot price was also kind of hihg
22:05 nubbins` ah, i've heard bad things about amagi too, although i've never had problems
22:06 nubbins` people don't realize that a lot of these places don't really have stock on-hand waiting to ship
22:06 nubbins` they put in an order with their supplier once a week or whatever
22:06 nubbins` to fill outstanding orders
22:06 nubbins` as far as spot-value bullion coins go, there are really only a handful in both silver and gold
22:06 KRS1 nubbins`: if you find a site that does decent deals with in stock metals let me know
22:07 KRS1 gold is so low now
22:07 nubbins` KRS1: http://www.amagimetals.com/silver/1-ounce/coins
22:07 nubbins` http://www.amagimetals.com/gold/1-ounce
22:07 ozbot Buy One Ounce Gold Bars, Coins, Rounds, and Bullion at Best Prices Online | Amagi Metals
22:08 KRS1 if they place an order with their supplier, your price is still firm at checkout when you purchase right
22:08 nubbins` nod.
22:09 KRS1 i dont follow silver..is it low price these days like gold?
22:09 nubbins` ;;bc,xag
22:09 gribble 1 XAG = 20.180000000000 USD = 0.02018 BTC
22:09 nubbins` it's been higher
22:10 nubbins` i mean, the whole silver/gold stacking thing is a bit fucking silly
22:10 KRS1 looks like gold is around 3 yr low
22:11 nubbins` but if you happen to have done well with btc and wish to safeguard your initial investment, purchasing its value in gold and/or silver is an okay idea
22:11 nubbins` i mean, shit, pull it out a few different ways. cash, even.
22:12 nubbins` recently my bank started selling silver and gold bullion over the counter
22:12 nubbins` which, to me, screams "SELL RIGHT NOW"
22:12 KRS1 yeah but when is it time to pull it out =D
22:12 KRS1 that is the question
22:12 the20year1 what country?
22:12 nubbins` i'm not saying sell all your btc, that would be retarded
22:12 KRS1 (btc)
22:12 nubbins` the20year: canada, cibc
22:12 nubbins` but let's say you bought $100 of btc and it's now worth $5k
22:12 Vexual seen these rare earth coins? http://www.elementsales.com/ecoins.htm
22:13 nubbins` why not treat yourself to $100 of gold and $100 of silver?
22:13 nubbins` Vexual: rare earth coins are generally a bad investment.
22:13 KRS1 nubbins`: screams sell (btc) right now? we were talking about gold/silver etc
22:13 the20year1 That's what I did when BTC went up to $250 from the $35 I bought it at
22:13 Vexual why is that nubs?
22:13 the20year1 Seemed like a good choice :D
22:13 nubbins` KRS1: sorry, i meant that when my bank started selling bullion, i figured it meant i should start selling all my silver/gold
22:14 nubbins` after all, if the bank expected the price to rise, why would they start selling it?
22:14 KRS1 ah yes it would drive the price of those metals down..they're feeding it to you
22:14 the20year1 because your bank realized they can make money on it....they don't buy it for retail, nor do they hold it as a reserve
22:14 nubbins` Vexual: well, when the value explodes in the future, you can't just sell your gallium coins to samsung or w/e
22:14 Vexual why not?
22:15 nubbins` because places that purchase rare earth metals have long-term contracts with mines and refineries
22:15 nubbins` they don't just purchase loose coins off the street
22:15 Vexual good point
22:15 nubbins` you might as well walk into a hospital with a kidney for sale
22:15 KRS1 hah
22:16 nubbins` the20year: my bank buys bullion for less than spot?
22:16 nubbins` wait, sorry, i misread
22:16 nubbins` they actually do sell for slightly higher than spot
22:16 nubbins` $1-2 per oz
22:17 the20year1 Are they government issued pieces, or junk?
22:17 nubbins` government issue
22:17 the20year1 or just private mintage
22:18 the20year1 Then they're making 50c-$1 per ounce they sell in fees
22:18 the20year1 Canada COULD absolutely kill the fiat market by introducing metal-backed money, as they have been doing in limited numbers
22:18 the20year1 Paid much attention to the $20 silver coins?
22:18 nubbins` i've got several :)
22:18 nubbins` they do $100 for $100 coins, too
22:19 nubbins` of which i have several as well
22:19 nubbins` each one has sold out so far
22:19 the20year1 I don't know if you track the spread, but *most* of those coins are in so high demand the spread is anywhere from 10% to 40% over face value
22:20 nubbins` nod. as soon as the 20s sell out, you see them selling for $25
22:20 nubbins` 100s, $125
22:20 the20year1 I've seen some sell successfully for $50+
22:20 nubbins` http://silvergoldbull.com/1oz-2014-100-for-100-silver-coin-grizzly
22:20 ozbot Silver Gold Bull - 1 oz 2014 $100 for $100 Grizzly Silver Coin
22:20 assbot [MPEX] [S.MPOE] 20300 @ 0.00084705 = 17.1951 BTC [-]
22:20 nubbins` $100 for $100 -- er, we mean $125
22:21 the20year1 Which means there's phenominal demand, those coins aren't sold outside of Canada, have extremely strict limits, and still sell out in virtually hours each time a new one is released
22:21 the20year1 And the mint is making right around $10 per $20 coin they sell in profit
22:21 nubbins` the 20s are only 1/4oz
22:21 nubbins` 100s are 1oz
22:21 the20year1 That was one of the reasons I'm so big on this REIcoin thing because we could mint our own currency too just like the RCM is doing
22:22 the20year1 Of course it is, remember when the US and Canada put real silver in metals, the spot value of the metal was always under the metals content.
22:22 nubbins` three coins per household unless you're a member of... THE MASTERS CLUB
22:22 the20year1 The idea was that in the event of a high inflationary period the populace could still have significant buying power just in the coins they held
22:22 the20year1 So , today those 25c American coins are worth roughly $4
22:23 nubbins` makes bank notes seem pretty unappealing, hey
22:23 the20year1 the best thing the RCM and US mint could have done during the metal increase of the 60s would have been to debase to 40% (As the US did) , then to 10% like mexico did, till prices came down
22:24 the20year1 Bank notes can't compare in any way to the value of coins. Unlike paper currency , the lions' share of coins in most developed countries hold value, that is till they debased in the cesspool
22:24 nubbins` an ounce of steel isn't worth too much ;p
22:24 the20year1 IE 1 american penny from 1900 continues to hold similar buying power 113 years later. a quarter from 1964 has equal buying power to what it did at tha t time
22:24 nubbins` yeah
22:25 the20year1 1 1982 American penny essentially holds similar value to what it did then , same with a 1980 canadian nickel
22:25 the20year1 (Both weren't debased at those times)
22:25 nubbins` i've only ever come across a single solitary silver dime since i started examining pocket change
22:25 the20year1 I've talked to old timers, and they tell me that within 4 years all the pre-debasement currency was removed from the market
22:25 assbot [MPEX] [S.MPOE] 14150 @ 0.00084612 = 11.9726 BTC [-] {2}
22:25 the20year1 Well, something like 99.9%
22:26 nubbins` well, these days bored people just buy rolls and rolls of coins from the banks
22:26 nubbins` pick out the silvers and cash in the rest
22:26 the20year1 Correct, hoping to strike it big
22:26 the20year1 I did that for a while, was never worth the time
22:26 nubbins` it's a hard way to make a buck these days
22:26 KRS1 i've been looking at 5yr graph of silver, seems like this is the time to buy
22:26 the20year1 Instead i started flippign coins and setting up a sort of 'we buy coins' shop
22:26 nubbins` KRS1: look at a 10yr graph
22:27 KRS1 ok
22:27 KRS1 url? Im trying to find one
22:27 the20year1 I've bought some silver, need to getb ack in the game, did a pretty decent $1500+ buy at 65% of spot a month ago
22:27 nubbins` shrug, kitco?
22:27 the20year1 should be on kitco
22:27 the20year1 if you assume standard apprecation over time, $17-$21 is where it should be
22:27 nubbins` http://www.kitco.com/charts/historicalsilver.html
22:27 ozbot Historical Silver Data and Charts - London Fix
22:27 nubbins` scroll to the bottom, check "2000-2014" (close enough) and click view
22:27 KRS1 then yeah i am right?
22:28 the20year1 Yeah
22:28 the20year1 silver and gold are very bubbly, it all depends on where big money goes
22:28 the20year1 Real estate to metals, to mREITs, to tech companies
22:28 nubbins` a friend of mine put every cent he had into silver in 2008
22:28 the20year1 right now the big, stupid money is in tech
22:28 the20year1 I know quite a few people who did
22:28 KRS1 i dont think real estate is where its at either
22:28 assbot [HAVELOCK] [AM1] 1 @ 0.53632191 BTC [-]
22:28 the20year1 All the silver I bought in 2008-2012 I essentially bought it for free
22:29 nubbins` real estate depends on the area
22:29 the20year1 Real estate is in a stealth phase, which makes me very, very happy
22:29 KRS1 i think metals and maybe ride the platium pony too
22:29 the20year1 Yeah, it's always localized
22:29 nubbins` platinum is one thing i don't hold
22:29 KRS1 for a 5 yr plan?
22:29 nubbins` mostly because "9995 purity" makes my skin itch
22:29 Duffer1 ha
22:30 nubbins` srsly, drop the 5 or bump it to a 9
22:30 nubbins` "platinum maple leaf coins, 99 and 44/100ths pure"
22:32 nubbins` the .99999 purity gold coin i have is a real gem
22:32 nubbins` highest purity available
22:33 Vexual got any dubloons?
22:35 nubbins` nope
22:36 Vexual http://www.ourredlandsmag.com.au/2013/10/new-search-for-stradbrokes-legendary-shipwreck/
22:36 ozbot Our Redlands – New search for Stradbroke’s legendary shipwreck
22:36 nubbins` http://pricedingold.com/us-retail-gasoline/
22:37 assbot [MPEX] [S.MPOE] 8900 @ 0.00084741 = 7.5419 BTC [+]
22:37 nubbins` some are more fun than others
22:37 nubbins` http://pricedingold.com/us-gdp/
22:38 nubbins` http://pricedingold.com/bitcoin/
22:39 Vexual cool site
22:41 assbot [HAVELOCK] [KCIM] 89 @ 0.00305898 = 0.2722 BTC [-] {2}
22:41 Vexual why did palladium so much in 2000?
22:41 nubbins` who knows! what do you even use that shit for
22:42 nubbins` catalytic converters, but what else
22:42 Vexual electrolytic reduction of phedrine to methylamphetamine?
22:42 nubbins` ^
22:43 assbot [HAVELOCK] [SFI] 271 @ 0.001 = 0.271 BTC [+]
22:43 nubbins` electronics too i think
22:46 asciilifeform Vexual: that'd be Grignard reaction, no?
22:46 Vexual not sure asciii
22:46 Vexual russia stopped shipping palladium for a fashion it seems
22:47 nubbins` they minted it at one point
22:49 assbot [MPEX] [S.MPOE] 5250 @ 0.00084714 = 4.4475 BTC [-]
22:56 assbot [HAVELOCK] [SFI] 300 @ 0.001 = 0.3 BTC [+]
22:56 the20year2 it can be used in hydrogen production too
22:58 Vexual so i can buy an ounce and use water to run my bloombox until i die?
22:58 the20year2 possibly
22:59 the20year2 there is some leeching on it
22:59 Vexual pump the spoils down the drain, yolo
22:59 the20year2 do you have a bloom box?
23:01 Vexual i wish
23:01 the20year2 they still don't seem too efficient
23:01 the20year2 Whenever i can get a house that isn't in town, i'm gonna try a solar trough steam system
23:03 Vexual kinda aesthetic pollution no?
23:03 diametric ;;seen mircea_popescu
23:03 gribble mircea_popescu was last seen in #bitcoin-assets 1 hour, 9 minutes, and 34 seconds ago: <mircea_popescu> ;;google bust dolla
23:03 diametric mircea_popescu: around?
23:04 nubbins` passive solar is the key, but not an option for all homes
23:05 the20year2 in the country, who cares?
23:05 the20year2 what kind of passive solar?
23:05 Vexual you mean for cooling or heating?
23:05 nubbins` basic stuff, large south-facing windows, slab floors that retain heat, etc
23:05 nubbins` for heating
23:07 Vexual seen those heat pump waterheaters?
23:07 nubbins` awnings to keep hot sun out in the summer and let it in all winter
23:08 nubbins` yeah, heat pumps are catching on in a big way here for new developments
23:08 nubbins` low-e windows, etc
23:09 Vexual i have solar hot water and the booster is always off
23:09 nubbins` i need to set some of that shit up
23:10 truffles u need to chess
23:10 nubbins` blackouts last couple weeks = no fun
23:10 Vexual yeah well i live about 85degrees closer to the sun than you
23:10 mircea_popescu sup
23:10 nubbins` truffles: too high
23:11 truffles ure always too something
23:11 diametric mircea_popescu: got the latest s.nsa logo by chance? just want to do some test rasters, doesn't haven't to be final.
23:11 truffles sigh this waiting game sucks
23:11 nubbins` haha
23:11 mircea_popescu yeah
23:11 nubbins` ask bingoboingo
23:11 truffles have this ongoing game 2 days now, Boingo left me mid game
23:11 mircea_popescu http://news.yahoo.com/target-says-data-breach-hit-70-mn-customers-150615694.html
23:12 ozbot Target says data breach up to 110 mn customers - Yahoo News
23:12 mircea_popescu target starts accepting bitcoin
23:12 the20year2 nice
23:12 truffles this other guy takes like 5mins per move
23:12 mircea_popescu in the first plahse, for its customer database.
23:12 Vexual target snowdened?
23:12 nubbins` i used to play chess via text message with a friend who lived in another province
23:12 nubbins` games took days
23:13 truffles id make my friends get kinda software from 21st cen.
23:15 the20year2 Anyone bored enough to want to read over my updated business plan/attempt at a prospectus?
23:15 Vexual whats the general od's for cardano, i want to make some gold pcket watch cases and bring them to timis on spec
23:17 asciilifeform Vexual: about the same as apple's ipnohe-4.
23:17 diametric mircea_popescu: where can i grab it from?
23:18 Vexual perhaps ill just buy up every cartier cig case from ebay then :)
23:21 mircea_popescu sec
23:21 the20year2 mircea_popescu: any interest in looking at my updated bizplan and giving me thoughts on the newest revision?
23:22 Vexual ill look at as a sharp tongued half-wit if you like
23:22 mircea_popescu nope.
23:23 the20year2 I'm on revision like #12 and usually each time someone reads over it i get decent enough feedback to further ad to it
23:24 nubbins` heh
23:26 Vexual subtracting is better than adding
23:26 nubbins` ^
23:29 assbot [MPEX] [S.MPOE] 12500 @ 0.00084565 = 10.5706 BTC [-] {3}
23:34 assbot [HAVELOCK] [AM1] 1 @ 0.53632191 BTC [-]
23:34 Vexual whats your business the the20year2, i forget if i ever knew
23:35 the20year2 Rental properties in the midwest US
23:36 Vexual shaut up and take my money
23:36 the20year2 lol
23:37 Vexual residentual, fixing taps for farmers daughters?
23:37 the20year2 All SFD so far since we haven't had the capital to buy apartments/multifamily.
23:38 Vexual but it works in theory?
23:38 the20year2 We're cashflowing
23:38 Vexual whats sfd?
23:39 the20year2 5.3% APY on the current property ,once the second one is rented (any day now) it'll increase to 14.6%APY , all pre-leverage mind you
23:39 the20year2 single family detached, houses
23:39 Vexual you have one house with a morgatge?
23:39 the20year2 two houses , no mortgages
23:40 Vexual where?
23:40 the20year2 We raised around $110k in capital via bitfunder before they went under, were able to utilize $90k , still have the rest in liquid reserve, but it isn't enough to buy any more
23:40 the20year2 Central ohio
23:40 the20year2 (Granted 'went under' might not be the right term)
23:41 Vexual ive a vague memmory, what were you called?
23:41 the20year2 RentalStarter
23:41 Vexual where do yo ugo for tennant info in ohio?
23:41 mircea_popescu diametric email.
23:42 diametric mircea_popescu: thanks
23:42 the20year2 You mean tenant screening vex?
23:42 Vexual exactly
23:44 the20year2 We use the normal approach - Credit check, employment check, reference check, past eviction history, criminal background, debt-to-income tests, then the wonderful facebook profile check and then a check on their current residence
23:46 Vexual and if i come with 6 months up front?
23:46 nubbins` https://bitcointalk.org/index.php?topic=282238.0;all
23:46 ozbot Someone sending out MilliBits
23:47 the20year2 The standard practice here is 1-2 months of rent + deposit
23:47 Vexual its pankkake nubbins
23:48 nubbins` heh
23:49 Vexual he'll send a satoshi for 1bc
23:49 nubbins` pankkake has doled out 36btc to strangers, 1mBit at a time, since june?
23:49 nubbins` :o
23:52 the20year2 nice
23:55 Vexual http://www.youtube.com/watch?v=mJgFU3U4X_Y
23:55 ozbot Naughty By Nature - O. P. P. - YouTube
23:55 truffles u down with opp?
23:55 Vexual nope
23:57 Vexual i also don't send heavy metals down the drain
23:59 Vexual but ill rent a house without a facebook check
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