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Transcript for 22-08-2017, 87 lines:

06:09:57 punkman: https://medium.com/@olivierjanss/why-non-mining-full-nodes-are-a-terrible-idea-ad3c49f7a7b6

06:09:58 assbot: Why “non-mining full nodes” are a terrible idea. – Olivier Janssens – Medium ... ( http://bit.ly/2vk2GMB )

06:16:42 punkman: https://security-center.intel.com/advisory.aspx?intelid=INTEL-SA-00076&languageid=en-fr

06:16:44 assbot: Intel® Product Security Center ... ( http://bit.ly/2vk3NMh )

06:37:55 pankkake: wouldn't be as extreme as the medium guy but yeah there's not a real point in everyone running a node

06:51:54 funkenstein_: yeah guy makes the case pretty well

06:52:12 funkenstein_: i take issue with "If most people would run an SPV client instead, they wouldn?t notice anything and just follow the longest chain. Upgrades could happen faster and with a lot less fuss than today. "

06:53:14 funkenstein_: easy and unnoticed upgrades doesn't sound like a great feature to me

06:54:54 funkenstein_: BCH at 80%+ of BTC hashrate

06:55:26 adlai: http://log.b-a.link/?date=21-08-2017#1475493 << thank you

06:55:26 assbot: Logged on 21-08-2017 14:04:54; funkenstein_: adlai, wow congrats on returns :)

06:55:53 funkenstein_: greetings y'all from new york city

06:57:08 adlai: http://log.b-a.link/?date=21-08-2017#1475495 << school is currently gone, we have summer vacation now... and i'm 'fortunate' enough to not need to retake any exams

06:57:08 assbot: Logged on 21-08-2017 14:07:10; funkenstein_: how is school going btw?

06:57:52 funkenstein_: ah summer vacation, the academic perk that keeps on giving :)

06:58:27 adlai: so i figure it's time to do the responsible thing, and submit a withdrawal request for today's batch

06:58:39 adlai: take out my investment + a little profit, and keep trading on just profits

06:59:03 funkenstein_: yes yes no time like the present

06:59:54 funkenstein_: i kept telling myself that over with btc-e and look what happened

07:00:04 adlai: honestly looking at the daily PNL history just makes me... https://www.youtube.com/watch?v=ZmnOJSUkjrA

07:00:04 assbot: Trump. funniest moment. You'll be tired of winning. We'll win win win. (blue T-shirt man reaction) - YouTube ... ( http://bit.ly/2v1u6vC )

07:01:00 adlai: it's still just turning peanuts into doughnuts, but doughnuts do contain dough

07:03:42 adlai: this is setting up to be the lowest daily PNL... rough night on the markets

07:03:55 adlai: ;;tall

07:04:01 funkenstein_: are we poor yet?

07:04:12 gribble: Bitstamp BTCUSD last: 3786.0, vol: 17576.59255755 | Bitfinex BTCUSD last: 3771.9, vol: 47348.99284239 | GDAX BTCUSD last: 3813.74, vol: 20359.5332871 | BTCChina BTCUSD last: 3902.609006, vol: 19434.26380000 | Kraken BTCUSD last: 3844.9, vol: 8707.20965351 | Gemini BTCUSD last: 3793.65, vol: 18706.0076883 | OKCoin BTCUSD last: 3917.3098, vol: 22364.478 | Volume-weighted last average: (1 more message)

07:04:29 adlai: i almost had to mortgage my mom last night

07:04:36 funkenstein_: lol

07:05:30 adlai: bot went longer and harder than the cock'o'thelaw, when the chicken dove

07:05:33 funkenstein_: you need to rephrase that to include the phrase "yo momma so fat"

07:05:54 adlai: yo mamma so fat, that when she sold her coin, i got rekt

07:09:26 funkenstein_: in further childish humor heard today, what did the mathematician do to get over his constipation?

07:09:59 funkenstein_: he worked it out with a pencil

07:20:10 ben_vulpes: > Miners would never

07:20:14 ben_vulpes: compelling

07:22:16 ben_vulpes: pretty thinly masked version of the age-old "eh, why bother with the mechanisms of trustlessness, just trust that they work"

07:22:46 punkman: but satoshi said!

07:25:24 ben_vulpes: pffyeah compelling mhm

07:25:56 punkman: compelloling

07:29:28 adlai: http://log.b-a.link/?date=22-08-2017#1475506 << wait what?

07:29:28 assbot: Logged on 22-08-2017 06:37:55; pankkake: wouldn't be as extreme as the medium guy but yeah there's not a real point in everyone running a node

07:30:11 adlai: sure, there's also "not a real point" in everyone, uh, having a driver's license, or studying tensors, either

07:30:55 adlai: but various forms of independence require corresponding competences

07:32:32 adlai: every man thinks meanly of himself for not having been a soldier, or not having run a node

07:36:29 pankkake: I don't think upgrades could be faster, I'm pretty sure miners mostly talk to each other (in terms of nodes) these days

07:37:07 pankkake: I still run a node and it's very bandwidth hungry, it's not like it's really a miner's job

07:39:30 adlai: "upgrades could be faster"?

07:39:40 adlai: what does that have to do with independent verification?

07:40:21 adlai: you could run a node that gets blocks on usb by avian carrier, and it still counts as independent verification

07:40:39 adlai: although it may be difficult to train a pigeon to plug in a flash drive

07:46:36 pankkake: his point was that more nodes = more friction for upgrades, which is indeed wrong

08:19:36 adlai: the whole "faster upgrades!!! shipit.mov.avi.ftw" culture is rather irrelevant to bitcoin

08:20:23 adlai: you folks love laughing at trb but i doubt we'll ever see its consensus rules violated by core

08:21:04 adlai: whether we'll see it violate core's consensus rules is another question entirely :P

08:21:44 pankkake: oh that's what it was about

08:22:08 adlai: what what's about?

08:24:33 pankkake: you're making it about your thing no one cares about

08:33:16 adlai: 'your thing'?

08:56:55 adlai: pankkake: you must be getting your cultist lunatics confused

08:57:14 pankkake: autism

14:52:25 punkman: https://twitter.com/DanielJHannan/status/899384155116580864

14:52:26 assbot: Daniel Hannan sur Twitter : "This is so beautiful: moments when deaf people hear for the first time. Truly, we live in an age of wonders. https://t.co/0Wb7li2oRx" ... ( http://bit.ly/2vlk7fQ )

14:52:53 punkman: (first comment: "Shame then that Brexit is going to cut scientific research & funding in the UK though." )

14:54:10 pankkake: twitter used to be mostly narcissim, now it's narcissism and butthurt

14:54:20 pankkake: no normal people there

14:54:55 punkman: I'm just there for the cats https://twitter.com/evilbmcats/status/899802481646944256

14:54:56 assbot: Black Metal Cats sur Twitter : "The flames of hell are nothing compared to this life, surrounded by the atrocities called humans. https://t.co/JpuFIb0dGa" ... ( http://bit.ly/2vlzdSx )

15:01:08 punkman: http://fork.lol/pow/hashrateabs

15:01:08 assbot: fork.lol ... ( http://bit.ly/2vlxc93 )

15:01:31 punkman: what's up with that

15:02:30 pankkake: it's more profitable so rational to mine there but… ouch

15:02:47 punkman: good thing they have faster diif adjustment?

15:08:27 punkman: "TROLL IDEA 1. publish a post-eclipse story called "how to know if you incurred eye damage" 2. lower text opacity to 50%"

15:11:18 punkman: https://www.usatoday.com/story/news/politics/2017/08/21/secret-service-cant-pay-agents-because-trumps-frequent-travel-large-family/529075001/

15:11:18 assbot: Donald Trump travel, family depletes Secret Service funds for agents ... ( http://bit.ly/2v2Bbf8 )

15:12:16 punkman: "Alles said the service is grappling with an unprecedented number of White House protectees. Under Trump, 42 people have protection, a number that includes 18 members of his family. That's up from 31 during the Obama administration."

15:12:49 punkman: unprecedented, 10 more people? ok

15:14:11 pankkake: newsworthy because trump

15:14:16 pankkake: it's the new pokémon go

16:09:31 punkman: bch at 40 blocks an hour

16:10:03 punkman: ;;tblb 3600

16:10:04 gribble: The expected time between blocks taking 1 hour and 0 seconds to generate is 1 day, 5 hours, 10 minutes, and 19 seconds

16:10:18 punkman: ;;tblb 1800

16:10:18 gribble: The expected time between blocks taking 30 minutes and 0 seconds to generate is 2 hours, 25 minutes, and 14 seconds

16:15:05 pankkake: lol ~10kb blocks. so dumb

16:40:53 punkman: ;;tall

16:41:03 gribble: Bitstamp BTCUSD last: 3944.84, vol: 20353.25383171 | Bitfinex BTCUSD last: 3949.7, vol: 53181.56880728 | GDAX BTCUSD last: 3959.0, vol: 19875.5657448 | BTCChina BTCUSD last: 4039.189499, vol: 22506.26240000 | Kraken BTCUSD last: 3970.499, vol: 9221.54095533 | Gemini BTCUSD last: 3956.42, vol: 14956.9038934 | OKCoin BTCUSD last: 4038.003709, vol: 24786.346 | Volume-weighted last average: (1 more message)