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Transcript for 04-10-2014, 1437 lines:

00:06:10 mircea_popescu: coupla years

00:11:45 mircea_popescu: %p

00:11:47 atcbot: >> No data returned from CoinMiner.net << [PityThePool Hashrate]: 120.95 GH/s [iSpace Pool Hashrate]: 0 TH/s [P2P Hashrate]: 1.36 TH/s

00:11:49 mircea_popescu: %d

00:11:51 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 303602.34 in 587 blocks (#46368) Est. % Change: -83.84

00:14:17 mod6: %ob

00:14:18 atcbot: 7k@266 100k@255 15k@200 | 75k@180 100k@175 7k@170

00:14:50 mod6: %v

00:14:51 atcbot: [X-BT VWAP] Bid: 180 Ask: 200 Last Price: 266 30d-Vol: 242k 30d-High: 266 30d-Low: 170 30d-VWAP: 192

00:22:39 mircea_popescu: holding steady huh

00:22:42 mircea_popescu: !up parfait

00:22:45 mircea_popescu: !up hodl

00:22:57 mod6: looks like it.

00:23:43 mod6: vol seems decent.

00:25:56 assbot: [MPEX] [S.MPOE] 6729 @ 0.00074307 = 5.0001 BTC [+]

00:31:53 mircea_popescu: ;;seen pankkake

00:31:53 gribble: pankkake was last seen in #bitcoin-assets 4 weeks, 0 days, 14 hours, 11 minutes, and 32 seconds ago: <pankkake> http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/

00:37:07 assbot: [MPEX] [S.MPOE] 20100 @ 0.00074264 = 14.9271 BTC [-]

00:42:26 penguirker: New blog post: http://fraudsters.com/2014/waroflife-swol-september-2014-statement/

00:45:15 assbot: [MPEX] [S.MPOE] 30596 @ 0.00074386 = 22.7591 BTC [+] {2}

00:46:16 assbot: [MPEX] [S.MPOE] 3500 @ 0.00074264 = 2.5992 BTC [-]

00:46:39 *: asciilifeform changed day jobs today. it was time-consuming.

00:47:17 assbot: [HAVELOCK] [AM1] 130 @ 0.1387386 = 18.036 BTC [+] {11}

00:48:46 mod6: $vwap s.mpoe

00:48:46 empyex: mod6: S.MPOE 1 day: average: 0.00074338 high: 0.00074856 low: 0.00073961 volume: 1471659 btc: 1093.99743348 7 day: average: 0.000747 high: 0.0007539 low: 0.00073961 volume: 6513289 btc: 4865.44551211 30 day: average: 0.00074366 high: 0.00085114 low: 0.00059659 volume: 18709079 btc: 13913.23754162

00:49:24 RagnarDanneskjol: whats your new gig ascii?

00:49:31 asciilifeform: RagnarDanneskjol: consulting

00:50:21 assbot: [HAVELOCK] [AM1] 40 @ 0.15067602 = 6.027 BTC [+] {19}

00:50:23 RagnarDanneskjol: cool

00:51:22 assbot: [HAVELOCK] [AM1] 19 @ 0.17120434 = 3.2529 BTC [+] {11}

00:52:23 assbot: [HAVELOCK] [AM1] 8 @ 0.17499942 = 1.4 BTC [+]

00:53:23 assbot: [HAVELOCK] [AM1] 3 @ 0.17666666 = 0.53 BTC [+] {2}

00:54:24 assbot: [HAVELOCK] [RENT] 270 @ 0.0040191 = 1.0852 BTC [-] {9}

00:54:25 assbot: [HAVELOCK] [AM1] 25 @ 0.19088001 = 4.772 BTC [+] {5}

00:56:26 assbot: [HAVELOCK] [AM1] 6 @ 0.19210002 = 1.1526 BTC [+]

00:57:27 assbot: [MPEX] [S.MPOE] 26459 @ 0.00074372 = 19.6781 BTC [+] {3}

01:06:36 assbot: [HAVELOCK] [AM1] 6 @ 0.18 = 1.08 BTC [-]

01:07:37 assbot: [HAVELOCK] [AM100] 800 @ 0.00129898 = 1.0392 BTC [+] {3}

01:09:39 assbot: [HAVELOCK] [AM100] 500 @ 0.00129976 = 0.6499 BTC [+] {3}

01:16:16 mircea_popescu: http://fraudsters.com/wp-content/uploads/2014/04/extradited-by-my-rubber-ducklings.html lalala april was so much fun

01:17:39 mike_c: since we got the lulztron back.. the RENT 3po closed yesterday selling shares for 75. today they are back at 40. quite a 1 day return.

01:21:14 kakobrekla: well the roi is now like double

01:21:33 mike_c: the div yield through the roof

01:21:38 kakobrekla: yup

01:27:14 decimation: asciilifeform: there's a great deal of bureaucracy surrounding employment in the us

01:27:38 asciilifeform: decimation: yes.

01:27:45 decimation: mainly because there is no free market for 'health insurance', retirement, etc. even if you opt out you still need to file paperwork

01:28:01 decimation: and of course usg needs to know about your employment situation

01:28:19 asciilifeform: decimation: manually computing the tax, alone, is almost a job.

01:28:21 decimation: not because they are nosy busybodies but because they just want properly calculated taxes, you see

01:28:47 decimation: I think most folks just wing it and adjust when the tax bill comes due

01:28:58 assbot: [MPEX] [S.MPOE] 10050 @ 0.00074499 = 7.4871 BTC [+]

01:33:05 decimation: it's amusing that usg taxes labor at usurious rates and then whines about how employment is so low

01:33:45 asciilifeform: decimation: donkey still moving, back not broken yet? put on more, more.

01:34:08 decimation: more like cow still has blood, room for more gnats

01:34:52 asciilifeform: now in most cases, it's usg's money (sometimes one or two steps removed) in the first place.

01:35:12 asciilifeform: so why collect it back as tax? answer: give the 'patient' an opportunity to underpay, collect penalty.

01:35:47 decimation: asciilifeform is that why usg employee's income is not 'pretaxed'?

01:36:03 asciilifeform: one reason, yes.

01:36:39 asciilifeform: other reasons include - folks who play in the real-estate chumpatron get a good deal of tax break.

01:37:11 asciilifeform: since tax authorities operate as if they did not know automagically, in real time, who these are - no pre-tax

01:38:07 assbot: [MPEX] [S.MPOE] 50607 @ 0.00074176 = 37.5382 BTC [-]

01:38:26 asciilifeform: i, for instance, in effect pay almost double tax for refusal to 'buy' houses.

01:38:33 decimation: my company hires an old woman to assemble circuit boards, we pay her as an independent contractor. apparently the state has been harassing the company because the state presumes that her 'independent contract' is really an employment contract

01:38:36 []bot: Bet placed: 1.5 BTC for Yes on "Bitcoin to drop under $350 before November" http://bitbet.us/bet/1034/ Odds: 66(Y):34(N) by coin, 52(Y):48(N) by weight. Total bet: 70.44387257 BTC. Current weight: 16,925.

01:38:54 decimation: asciilifeform: these days the double tax isn't as bad because the mortgage interest rates are low

01:38:59 decimation: but I agree with your point

01:39:35 decimation: my point is that a real estate agent is considered an independent contractor even when she works in an office with a secretary

01:39:42 decimation: gov't asks no questions

01:40:04 asciilifeform: independent contractor << not something you really want to be, for tax purposes, in usa

01:40:14 asciilifeform: you get to pay extra 'self employment' tax rate.

01:40:28 mod6: its horrid

01:40:46 decimation: yeah you must pay the employer's share of the 'social security payroll tax'

01:42:41 decimation: beyond the usurious rates, it is a double insult that usg insists that you participate in its crimes against honest accounting while paying 'tax' with your tax

01:47:35 mircea_popescu: yeah speaking of which, how's those posters things ? any bites from renters The20YearIRCloud ?

01:51:18 mircea_popescu: <asciilifeform> so why collect it back as tax? answer: give the 'patient' an opportunity to underpay, collect penalty. << more like, give patient something to do with his time.

01:52:06 decimation: mircea_popescu: obviously at the cost of draining productivity from the minority of the productive, but that hasn't stopped usg in the past

01:52:13 mircea_popescu: decimation> my point is that a real estate agent is considered an independent contractor even when she works in an office with a secretary <<< there

01:52:28 mircea_popescu: s a secial extemption written in the law against people like it folks being independent.

01:52:31 mircea_popescu: guess who lobbied.

01:53:04 decimation: meanwhile there's a special exception written in the law that requires the irs to presume that engineers are not independent contractors

01:53:13 mircea_popescu: exactly.

01:53:38 decimation: for the same reason the law also allows the importation of indian & chinese indentured servants

01:56:02 decimation: http://www.nytimes.com/1998/04/27/business/how-a-tax-law-helps-insure-a-scarcity-of-programmers.html

01:56:02 assbot: How a Tax Law Helps Insure a Scarcity of Programmers - New York Times

01:56:25 penguirker: New blog post: http://fraudsters.com/2014/dear-derps-you-are-being-herded/

01:56:48 diametric: asciilifeform: i disagree with your independent contractor bit on taxes.

01:57:01 diametric: asciilifeform: the amount of things I can now deduct has increased 10 fold.

01:57:09 decimation: diametric has a point

01:57:19 diametric: in fact, if I tried hard enough I think I could pay no taxes.

01:57:32 dub: should be gettin gpaid more than avg wage slave too

01:57:38 mircea_popescu: yeah, independent contractor is better if you can get it.

01:57:43 decimation: an 'employee' is at the mercy of his management to decide how to spend business revenue

01:57:49 diametric: decimation: exactly.

01:58:08 dub: employee has benefits adn protection tho

01:58:20 decimation: although even the independent contractor can't buy a company car for commuting, because the irs says so

01:58:31 diametric: 56 cents per mile, all my tolls, my internet, my "home office", any equipment i buy for said home office, pretty much anything that has a realistic tie to me being a contractor is eligible.

01:58:31 mircea_popescu: yeah, if you're a woman you can't sue yourself for having jacked off in your home office.

01:58:46 mircea_popescu: so, independent contractor is better, if you're white, male and young.

01:58:50 mircea_popescu: ie, most people.

01:58:53 *: diametric raises hand

01:58:54 dub: i get ~70c/km so I win

01:59:33 mircea_popescu: uh.

01:59:45 mircea_popescu: how come you get so little again ?

02:00:24 decimation: usg's official rate is $0.56 per mile http://www.irs.gov/2014-Standard-Mileage-Rates-for-Business,-Medical-and-Moving-Announced

02:00:41 *: mircea_popescu takes cabs, deduces receipts. a dollar a km in .ro shithole, 5 eu/km in germany, etc.

02:01:17 mircea_popescu: this when not using a shuttle service or w/e

02:02:20 diametric: asciilifeform: the other thing is deductions aren't tied specifically to the individual contract either. so all my r&d gets deducted too.

02:02:53 decimation: there's no doubt that 'owning' a business is a good way to skate usg taxes

02:04:08 diametric: yeah. though if you pay the usg something instead of trying to null out the taxes, it goes a long way to avoiding troubles in the future, or so I heard from friends of mine that have been independent contractors for decades.

02:04:33 decimation: the rule of thumb is that you pay at least as much this year as the previous

02:05:14 decimation: that generally makes you fairly immune to serious harassment, at least in the opinion of some accountants I know

02:05:24 diametric: makes sense

02:05:33 decimation: but of course this kind of thing varies by case

02:05:43 diametric: also not being asian helps.

02:05:57 decimation: or selling real estate

02:06:12 diametric: its entirely anecdotal, but I know of more asians that have been audited than anyone else.

02:06:51 decimation: it's well known that greek & asians often operate cash businesses while staking tax

02:07:57 decimation: a friend told me that when he was three, his mom took her cash receipts from the family restaurant to the auditor, along with the screaming three year old. the auditor settled for $100 after a few hours of screaming

02:08:28 diametric: well played

02:09:13 decimation: "Donna Steele Flynn, a former member of the House Ways and Means Committee staff who is now a tax specialist with Ernst & Young, said, ''The only reason this hasn't gotten fixed is because the official Joint Tax Committee estimate in the past was that repeal of Section 1706 would cost a billion dollars in tax revenue over five years.''There is a political will on both sides of the aisle, but in terms of importance and number of

02:09:15 decimation: people, a billion dollars is a lot of money for a relatively small number of people.'"'

02:10:01 decimation: in other words we realize the we are thieves and will happily make unprincipled exceptions when we decide we can do so

02:10:59 decimation: in more other words, the 'political will' of a collection of elected lawyers with real estate side business all agree that they should not pay while others pay

02:13:24 asciilifeform: real estate 'market', pythonic strangler of all things alive.

02:14:16 decimation: indeed. The other day I was trying to find an etf or stock that didn't depend on 'bezzle' (ie usg fiat finance). I didn't succeed.

02:16:37 decimation: asciilifeform: I assume you live in some old suburb near DC - have you ever sat down to total the 'value' of the homes within a few blocks of where you live?

02:16:52 decimation: it's quite easy to come to billions of $ for obviously shitty hovels

02:18:10 asciilifeform: decimation: yes and yes.

02:18:43 asciilifeform: decimation: no need to go far. a short stretch of road - cost $b.

02:18:47 assbot: [MPEX] [S.MPOE] 2511 @ 0.00074536 = 1.8716 BTC [+]

02:18:55 asciilifeform: without any houses. just asphalt.

02:19:07 decimation: yeah I've mentioned the "MD 200" fiasco

02:19:30 asciilifeform: i think diametric and i might be two of the 100 or so people who actually drive on that!

02:20:15 decimation: I've been on it a couple times. it's luxurious to weave across 3 empty lanes

02:20:22 mircea_popescu: <decimation> indeed. The other day I was trying to find an etf or stock that didn't depend on 'bezzle' (ie usg fiat finance). I didn't succeed. << this is roughly equivalent to, "the other day, i tried to find a natural process going backwards in entropy. i didn't succeed"

02:20:30 decimation: 'seinfeld' style

02:20:30 mircea_popescu: how the fuck would you succeed, and what would that mean. instaunwind.

02:21:09 decimation: mircea_popescu: yeah I figured it was hopeless, but I wanted to pretend like my bezzlars were not locked in a usg approved cage

02:21:35 mircea_popescu: the thing is, without bitcoin that cage can't even be made apparent

02:21:54 asciilifeform: decimation: bezzlars work great because they devalue just as well at the bottom of the sea, or in a shoebox entombed in drywall ceiling, etc

02:21:55 mircea_popescu: (insmuch as the most you could do, cca 2010 or before, was to move them into... another cage, worse made)

02:22:21 decimation: with bitcoin, the 'free market' in us finance starts to look like a massive dekulakization experiment

02:22:43 mircea_popescu: http://fraudsters.com/2013/bitcoin-will-die/ <<< "With every passing day Bitcoin doesn?t die, your future dies a little more."

02:22:44 assbot: Bitcoin will die pe fraudsters - Un blog de Mircea Popescu.

02:22:46 mircea_popescu: jesus i love my old shit.

02:23:06 *: asciilifeform read 'bitcoin' and 'dekulakization' as 'bukkakization' - eyes tired, possibly should sleep

02:23:30 mircea_popescu: sleeping rocks.

02:23:39 *: asciilifeform now wants to learn about 'bukkakization'

02:23:57 mircea_popescu: lol apparently the weev dude is now a white supremacist.

02:24:00 decimation: http://www.baltimoresun.com/news/maryland/bal-icc111004,0,3081191.story "Flanagan announced last week that the estimated cost of the highway, which would run from U.S. 1 in Laurel to the Interstate 270 corridor in Montgomery County, had increased from the previous projection of $1.7 billion. ... Under current law, 87 percent of future increases would be available for non-ICC projects; the administration wants to make that 80 percent.

02:24:03 decimation: "

02:25:54 mircea_popescu: fun fact : Belize, Central African Republic, Djibouti all have a lower yearld gdp

02:25:56 mircea_popescu: than 1.7 bn

02:26:36 asciilifeform: speaking of pertinent oldies, http://log.bitcoin-assets.com/?date=02-08-2014#782014

02:26:39 assbot: Logged on 02-08-2014 17:42:01; asciilifeform: dignork: as i pointed out ages ago to ninjaspamgun, it is the responsibility of operating system to enumerate, e.g. only usb dildo on a given port, and not keyboard or whatnot

02:27:26 decimation: asciilifeform: after working closely with usb, do you see it as an evil spec?

02:27:35 asciilifeform: and http://log.bitcoin-assets.com/?date=14-06-2014#718612

02:27:38 assbot: Logged on 14-06-2014 01:12:04; asciilifeform: dignork: sandisk used to make a line of usb micros called 's3', that had this feature

02:28:04 asciilifeform: decimation: not evil per se, but 'design by committee' all the way. no effort whatsoever was spent to lighten the book.

02:28:18 mircea_popescu: the spec is about as stupid as a hardware spec could be.

02:28:23 mircea_popescu: the kernel/os is the problem.

02:28:29 penguirker: New blog post: http://qntra.net/2014/10/russias-ministry-of-finance-preps-to-ban-bitcoin/

02:28:35 asciilifeform: exploitable bugs in all known implementations. <- and you can take that to the bank.

02:29:50 decimation: yeah I don't see how 'usb' was an improvement over say 'rs-422'

02:29:56 asciilifeform: (if you let arbitrary gizmos enumerate on arbitrary ports, triggering load of kernel mods written in '98, you deserve what you get)

02:30:12 mircea_popescu: http://qntra.net/2014/10/russias-ministry-of-finance-preps-to-ban-bitcoin/#comment-2 <<< shit i got their cherry!

02:30:15 asciilifeform: decimation: it's the hardware version of the delusion behind 'xml'.

02:30:39 asciilifeform: decimation: that is, 'let's make heavily specified, supposedly self-describing, format for Everything!'

02:30:46 mircea_popescu: ;;google "exploitable bugs in all known implementations"

02:30:47 gribble: On the Practical Exploitability of Dual EC in TLS Implementations: http://dualec.org/; On the Practical Exploitability of Dual EC in TLS Implementations: http://dualec.org/DualECTLS.pdf; Vulnerability (computing) - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Vulnerability_(computing)

02:30:52 mircea_popescu: heh.

02:30:56 asciilifeform: lulzies.

02:31:29 mircea_popescu: asciilifeform this notion of "self describing" is possibly the most idiotic thing self-important derps on "committees" ever came up with.

02:31:34 decimation: yeah ssl is the usb of IP

02:31:40 mircea_popescu: what the shit is it supposed to be, like a self-eating snake ?

02:31:59 asciilifeform: mind you, nowhere in the book-case worth of turds will you find the phrase 'self-describing'

02:32:07 mircea_popescu: o i know! we could resolve problems by positing nonsense and then building cleanly around it!

02:32:18 mircea_popescu: and if we ever run out of money, we'll withdraw infinity from a negative account!

02:32:23 decimation: in the us, even in commercial electronics, it is common for people who have no connection with any practical manufacturing/programming to 'design' specs

02:32:34 asciilifeform: decimation: these are the -only- folks permitted to design specs.

02:32:40 mircea_popescu: decimation the problem is they have no connection with higher level thinking.

02:32:44 decimation: right, because they are 'qualified'

02:33:12 asciilifeform: 'qualified' specifically means a kind of 'aristotelian' noble, who never soiled his hands with lowly wurk.

02:33:13 decimation: for another thing the practical folks are off doing something useful rather than travelling to LA to 'agree on a spec'

02:33:33 mircea_popescu: specs are useful work.

02:33:53 asciilifeform: when done by people.

02:34:27 mircea_popescu: exactly.

02:34:33 asciilifeform: http://log.bitcoin-assets.com/?date=02-04-2014#600860 << here we go.

02:34:36 assbot: Logged on 02-04-2014 23:54:03; asciilifeform: i've tried this personally - it works. (you need a drive for which either docs or some reverse-engineerable flash diddler from the factory are available.)

02:34:42 *: asciilifeform was looking for a turdlet with a date.

02:34:48 mircea_popescu: where a good heuristic for peopleness is a strict disinterest in politeness.

02:37:23 decimation: related: https://firstlook.org/theintercept/2014/10/02/the-nsa-and-me/ << "Many were embarrassingly critical of the agency, describing its enormous paranoia and obsession with secrecy. Others contained clues to a secret trips that Friedman had made to Switzerland, where he helped the agency gain backdoor access into encryption systems that a Swiss company was selling to foreign countries."

02:37:36 asciilifeform: crypto ag.

02:37:46 asciilifeform: ^ still best-selling!

02:38:11 decimation: the bigger puzzle is why such a company has any clients at all

02:38:12 *: asciilifeform can only apprehend an 'orlov's deer/hunter system' explanation for this

02:38:46 asciilifeform: i.e. buying a crypto a.g. item is an explicit gesture of bending over and arse-spreading to usg by vassal state or org

02:38:47 mircea_popescu: decimation that part is simple. the thirld world consists of derps and chieftain derps.

02:38:52 mircea_popescu: the chieftain derps aspire to retire to florida

02:38:58 mircea_popescu: the derps are too stupid to understand much

02:39:17 mircea_popescu: if the cropto ag can be made complex enough, the chieftain derps can be given their florida retirement while the derps don't sniff the problem.

02:39:19 decimation: yeah I buy that

02:39:50 asciilifeform: incidentally, owner of crypto a.g. is unknown mega-moneybag.

02:39:57 asciilifeform: (no prizes for guessing who)

02:40:11 mircea_popescu: which is why the us is so successful in retarded thirld world countries (say, the uk, or switzerland) and so utterly ineffectual in clever thirld world countries (say, iraq)

02:40:27 mircea_popescu: in the former, the derps think the us is ok. in the latter, the derps realise the us is a terrorist entreprise.

02:41:17 asciilifeform: reaction to theft is always tied to what you are being asked to part with.

02:41:26 asciilifeform: the swiss, for all of their anal servitude, are still fat.

02:41:45 mircea_popescu: so you tihnk.

02:41:48 asciilifeform: swiss losing their starfish virginity - lazy. iraqi losing last bag of grain - fights.

02:41:53 mircea_popescu: meanwhile, in the 90s they were a major international player

02:42:04 mircea_popescu: and in 2010 they are a sort of monaco.

02:42:21 mircea_popescu: they lost everything, over a coupla decades, simply for acquiescing to the kyc/aml bullcrap.

02:42:36 mircea_popescu: their future is pretty much personified by belgium.

02:42:54 mircea_popescu: also an erstwhile major international power, that's meanwhile become a reservation/zoo.

02:43:04 asciilifeform: comfortable zoo, afaik.

02:43:10 asciilifeform: with top-grade 'meow mix'

02:43:11 mircea_popescu: depends for whom.

02:43:30 mircea_popescu: you mean, with insane rent costs because all the visiting bureaucrats can afford to pay them

02:43:43 mircea_popescu: 'while the locals can choose from a variety of hospitality jobs, from hairdresser ot prostitute ?

02:44:06 mircea_popescu: yeah, good deal. very comfortable, they can charge for a hairjob/blowjob twice to ten times what a starving ukrainian student gets away with

02:44:16 mircea_popescu: meanwhile, the ukrainian student doesn't actually have to pay rent.

02:44:55 asciilifeform: aha - american endgame, yes.

02:45:50 mircea_popescu: anyway, they've been begging for the past years to be forgotten, but my and afaik everyone's call is "no" and "fuck you"

02:45:54 mircea_popescu: trust, you only break oncew.

02:46:28 asciilifeform: 'forgive enemy - after hanging'

02:46:42 mircea_popescu: forget enemy after hanging.

02:46:45 mircea_popescu: never forgive.

02:46:58 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/2JGHH2Z.txt )

02:46:58 asciilifeform: !b 3

02:47:05 mircea_popescu: but anyway, only someone who had physically visited switzerland cca say 1994 can appreciate the immensity of the drop

02:47:15 assbot: [MPEX] [S.MPOE] 27400 @ 0.00074655 = 20.4555 BTC [+]

02:47:26 mircea_popescu: people love to imagine that playing ball has no costs. this is not unlike the chipper's fantasy that he's not a junkie.

02:47:39 asciilifeform: ;;ud chipper

02:47:40 gribble: http://www.urbandictionary.com/define.php?term=The%20Chipper | The Chipper. The male consumes large quantities of deep fried greasy food preferably a King Rib and a Cheese 'N' Burger supper with a few pickled onions ...

02:48:06 mircea_popescu: asciilifeform http://www.bluelight.org/vb/threads/678785-Are-there-any-successful-heroin-chippers-out-there/

02:49:21 mircea_popescu: asciilifeform http://fraudsters.com/2012/the-panic-in-needle-park/ also, not bad movie.

02:49:52 asciilifeform: t. dalrymple (alias, former british prison doctor, many great bookz) had a neato piece on opiates.

02:50:24 asciilifeform: how certain folks take to them once tasted, others - hate, can't possibly picture how anyone gets hooked.

02:51:25 mircea_popescu: mebbe.

02:53:33 cazalla: drugstore cowboy is a good one imo

03:03:33 mircea_popescu: jesus these people derping about codeine. here's a fun fact : as a growing tyke in soviet romania, mp like any other chitlins was administered phosphoric codeine freely for coughs.

03:03:48 mircea_popescu: nobody ever got addicted. when the fuck did codeine become an additcive substance. wtf is with these derps.

03:04:32 assbot: [MPEX] [S.MPOE] 3200 @ 0.00074655 = 2.389 BTC [+]

03:04:56 mircea_popescu: http://www.pcfarm.ro/prospect.php?id=1054 << still available otc it seems.

03:05:02 Azelphur: I only heard people even taking it recreationally after I was on it for medical reasons

03:05:17 Azelphur: and I was like "wtf...why would you take that, it's horrible...and doesn't give you any noticeable high"

03:06:14 mircea_popescu: nuts.

03:06:36 Azelphur: people are weird. xD

03:06:39 decimation: apparently codeine cough syrups are available only in certain us states

03:07:54 Azelphur: mircea_popescu: the other thing they did that really pissed me off, they lowered the legal limit over the counter of Codeine from 10mg to 8mg here in UK

03:08:05 mircea_popescu: !up berndj-blackout

03:08:08 Azelphur: which means they pulled my damned hayfever tablets that actually fucking worked.

03:08:10 *: Azelphur rages

03:08:30 mircea_popescu: um.

03:08:31 Azelphur: dat 2mg of extra codeine makes all the difference.

03:09:24 decimation: same with mdma precursors like pseudo-ephedrine in the us

03:10:43 Azelphur: I still have half a tonne of codeine left over from when I had my wisdom tooth out lol

03:15:15 cazalla: you need to see my GP Azelphur http://log.bitcoin-assets.com/?date=28-04-2014#646954

03:15:18 assbot: Logged on 28-04-2014 09:30:07; cazalla: i went to a walk in medical centre with issues about my neck as I couldn't get an appointment at my usual GP, the GP at the walk in just assumed I was after pain meds and wrote a script for endone (oxycodone) without any hesitation to get me the fuck out of there

03:15:38 mircea_popescu: us medicine in the oz now too ?

03:16:00 cazalla: yeah, it's bad

03:16:50 cazalla: all the good dr's are approaching retirement age, all the new ones seem to play musical chairs and move around all the time so by the time you get to know them, they've moved on

03:17:45 assbot: [MPEX] [S.MPOE] 17650 @ 0.00074665 = 13.1784 BTC [+] {2}

03:23:51 assbot: [MPEX] [S.MPOE] 29100 @ 0.00074678 = 21.7313 BTC [+]

03:28:27 decimation: ;;ticker

03:28:28 gribble: Bitstamp BTCUSD ticker | Best bid: 363.19, Best ask: 364.42, Bid-ask spread: 1.23000, Last trade: 364.42, 24 hour volume: 20852.34956404, 24 hour low: 353.75, 24 hour high: 378.11, 24 hour vwap: 375.401006584

03:34:42 mircea_popescu: o look at that it bounced again ?

03:35:27 kakobrekla: bounced to what

03:35:29 penguirker: New blog post: http://qntra.net/2014/10/knc-wallet-now-available-for-ios-users/

03:37:46 mircea_popescu: kakobrekla well more like bounced off.

03:38:16 kakobrekla: well more like omg sellwall is temporary out of btc

03:38:38 mircea_popescu: heh.

03:39:09 mircea_popescu: http://www.bitcoincharts.com/charts/bitstampUSD << chart's ded huh

03:39:10 assbot: Bitcoin Charts / Charts

03:43:10 assbot: [MPEX] [S.MPOE] 16200 @ 0.00074713 = 12.1035 BTC [+] {2}

04:03:31 assbot: [MPEX] [S.MPOE] 17550 @ 0.0007444 = 13.0642 BTC [-] {3}

04:06:33 assbot: [MPEX] [S.MPOE] 25700 @ 0.00074286 = 19.0915 BTC [-] {2}

04:16:43 assbot: [MPEX] [S.MPOE] 7020 @ 0.00074262 = 5.2132 BTC [-]

04:32:59 assbot: [MPEX] [S.MPOE] 27470 @ 0.00074524 = 20.4717 BTC [+] {2}

04:33:18 Vexual: I was just thinking about lobbying the senate comittee into bc

04:34:39 Vexual: •nevermind

04:39:05 assbot: [MPEX] [S.MPOE] 1330 @ 0.00074731 = 0.9939 BTC [+]

04:40:06 assbot: [MPEX] [S.MPOE] 5980 @ 0.00074162 = 4.4349 BTC [-] {2}

04:41:57 mircea_popescu: ;;ticker

04:41:59 gribble: Bitstamp BTCUSD ticker | Best bid: 364.12, Best ask: 364.87, Bid-ask spread: 0.75000, Last trade: 364.73, 24 hour volume: 21160.34002102, 24 hour low: 353.75, 24 hour high: 378.11, 24 hour vwap: 376.631827325

04:45:17 mircea_popescu: https://europeanequities.nyx.com/en/content/alexei-v-moiseev-deputy-finance-minister-russian-federation << the phonetics are pretty lulzy.

04:45:18 assbot: Alexei V. Moiseev Deputy Finance Minister of the Russian Federation | Euronext

04:45:30 mircea_popescu: From 07.1998 to 07.2001 ? economist-senior analyst of the market of sovereign instruments in the Department of operations on the market of instruments with fixed rate of return Bank of Pariba, London, Great Britain

04:45:30 mircea_popescu: From 07.2001 to 09.2010 ? senior economist, deputy head of Analitic department of ?Renessans Capital ? Financial Consultant?

04:45:38 mircea_popescu: paribas and renaissance, respectively.

04:47:17 Vexual: friend to pussyriot

04:51:07 decimation: old Republicans see the truth, can do nothing about it: http://www.unz.com/pbuchanan/the-forever-war/

04:51:09 assbot: The Forever War - The Unz Review

04:52:32 decimation: and http://www.unz.com/pbuchanan/war-drums-along-the-potomac/ "Given our horrified and hyperbolic reaction, ISIS can credibly make this boast to the jihadists from Nigeria to the Hindu Kush, from Libya to Iraq, from Somalia to Syria:

04:52:33 assbot: War Drums Along the Potomac - The Unz Review

04:52:33 decimation: “ISIS is the enemy the Great Satan fears and hates most. ISIS is the Islamist organization that strikes fear into NATO. Not al-Qaida, not Boko Haram, not Ansar al-Sharia, not the al Nusra Front — ISIS."

04:54:29 mircea_popescu: lol. as if.

04:54:53 mircea_popescu: narcissus can't quite represent the river in any other terms than the great honor of having reflected his divine beauty ?

04:56:47 decimation: you told me a few hours ago that third world derps are easily impressed/swayed, seems to me that whatever bs cnn is pimping would carry sway with the third world masses

04:57:06 Dimsler: who gives a fuck about the third world masses?

04:57:17 decimation: third world chieftains

04:57:28 Dimsler: coalition of the willing

04:57:31 mircea_popescu: decimation "to the jihadists" ?

04:57:37 mircea_popescu: i think you've mixed the persons.

04:58:12 mircea_popescu: unless you mean specifically the al-sauds, but really, one doesn't need to tell them who strikes fear in the us.

04:58:15 decimation: well you have a point there

04:58:17 mircea_popescu: they know.

04:59:17 decimation: it's true that cnn's bs won't sway that hardened jihadis, but it will carry sway with n00bs who just want to shoot somebody, ie cannon fodder

04:59:46 mircea_popescu: you mean people who don't speak english ?

05:00:08 decimation: all they need to know is that the great satan hates isis

05:00:11 Dimsler: are you seriously saying that CNN has any form of sway

05:00:16 mircea_popescu: they don't need cnn for that.

05:00:20 Dimsler: in any type of government politics

05:00:25 mircea_popescu: or, for that matter, the great satan altogether.

05:17:43 assbot: [MPEX] [S.MPOE] 50111 @ 0.00074766 = 37.466 BTC [+] {4}

05:21:47 assbot: [MPEX] [S.MPOE] 19346 @ 0.00074259 = 14.3661 BTC [-] {2}

05:42:07 assbot: [MPEX] [S.MPOE] 13349 @ 0.00074827 = 9.9887 BTC [+] {2}

05:43:08 assbot: [MPEX] [S.MPOE] 19351 @ 0.00074891 = 14.4922 BTC [+] {2}

06:02:27 assbot: [MPEX] [S.MPOE] 7750 @ 0.00074132 = 5.7452 BTC [-] {2}

06:41:21 fluffypony: https://www.youtube.com/watch?v=DXJDBp0yW1A

06:41:21 assbot: THIS VIDEO WILL CHANGE YOUR LIFE - YouTube

06:42:02 Vexual: oooh... click

06:42:38 Vexual: meh fuck you

07:09:33 assbot: [MPEX] [S.MPOE] 19450 @ 0.00074368 = 14.4646 BTC [+] {2}

07:13:37 assbot: [MPEX] [S.MPOE] 8100 @ 0.00074163 = 6.0072 BTC [-]

07:23:49 Vexual: ;;het gribble compare the bc tarde volume attributed to hk from the last 6 hours to the last siz days

07:23:50 gribble: Error: "het" is not a valid command.

07:27:07 Vexual: 46 32 het het het

07:27:39 Vexual: whoops i was looking at aussie dollars

07:30:49 Vexual: https://www.youtube.com/watch?v=7luCkBUtj_M a rand in the hand is worth two in the bush

07:35:39 Vexual: when the lips are gone, the teeth will grow cold

07:37:45 Vexual: if anyone can explain the cantonese extrusions of that, i'd appreciate it

07:38:22 fluffypony: https://www.youtube.com/watch?v=QQhVwBESulM

07:38:23 assbot: Bitcoin Users In A Nutshell - YouTube

07:38:53 Vexual: if thats austin powers, ill slap you

07:42:14 dub: lol thats great

07:42:22 dub: mark is the best

07:43:28 Vexual: yeah you're not supposed t make fun of autistic people

07:44:50 dub: fuck autistic people

07:45:15 Vexual: i don;t think is mom is a phrichiatrist anyway

07:46:28 Vexual: [microscope] nope , it's fail

07:48:11 assbot: [MPEX] [S.MPOE] 55300 @ 0.00074085 = 40.969 BTC [-] {4}

07:49:31 Vexual: but if you are autistic, you should be good at computers, and stealing

07:49:38 Vexual: thanks mom

07:57:23 Vexual: let the lawyer talk mom

07:58:26 Vexual: you don't need to train to be a ninja

08:00:27 Vexual: enter: old french lady with nunchaku

08:01:53 Vexual: https://www.youtube.com/watch?v=1OpmHeB5fV4

08:04:22 Vexual: !up KS

08:04:52 Vexual: will someone, im to fat to pass the doorbitch

08:05:28 Vexual: oh no it work, just doesn't report

08:07:35 Vexual: no, balnks

08:12:22 Vexual: speaking of dislexia and usbs

08:13:14 Vexual: late one night i bought some things for my ebay shop

08:13:49 Vexual: 4-6 weeks later i didn't realize how drunk i'd been

08:15:17 dub: you bougth bfl asics

08:15:57 Vexual: no some big arse airconditioners

08:20:06 Vexual: the delivery guy got an earful

08:21:18 Vexual: now i sign for anything, i made a packet

08:33:56 assbot: [MPEX] [S.MPOE] 19515 @ 0.00074006 = 14.4423 BTC [-] {2}

08:35:54 Vexual: https://www.youtube.com/watch?v=yZcSLWEQUyY black sails new season coming soon

08:37:21 cazalla: oh great, when did that start Vexual, i love shit like hornblower

08:38:19 Vexual: dont think season two has yet

08:38:43 Vexual: oh the first? last year

08:39:00 cazalla: is it any good?

08:39:09 Vexual: it's excellent

08:41:20 Vexual: supposedly a prequal to treasure island

08:44:32 thickasthieves: ;;ticker

08:44:34 gribble: Bitstamp BTCUSD ticker | Best bid: 352.22, Best ask: 352.23, Bid-ask spread: 0.01000, Last trade: 352.22, 24 hour volume: 22063.26249460, 24 hour low: 352.22, 24 hour high: 377.6, 24 hour vwap: 377.37448167

08:45:37 punkman: there goes my 350 bet

08:45:41 punkman: I wanted to believe!

08:46:01 Vexual: you should'a told me

08:46:30 punkman: ;;bc,xau

08:46:32 gribble: 1 XAU = 1191.700000000000 USD = 3.3832046332 BTC

08:47:40 punkman: https://www.youtube.com/watch?v=WMSoo4B2hFU

08:47:40 assbot: Black Sails OST - Theme from Black Sails - YouTube

08:47:43 punkman: love the hurdy gurdy

08:51:03 punkman: https://www.youtube.com/watch?v=ypuaJLHK_LQ

08:51:04 assbot: Omen - Guilhem Desq (Hurdy Gurdy) - YouTube

08:51:07 Vexual: you'll have it in spades

08:53:15 assbot: [MPEX] [S.MPOE] 14461 @ 0.0007406 = 10.7098 BTC [+]

08:58:02 Vexual: https://www.youtube.com/watch?v=yZcSLWEQUyY

08:58:54 Vexual: https://www.youtube.com/watch?v=7RMQksXpQSk

09:05:14 Vexual: all the hong kong kids are on the strret tonight

09:06:25 Vexual: nnone runs a trading bot without watching it

09:06:31 dub: can't wait to see the tanks start rolling over them

09:06:53 Vexual: i doubt that, it's all very polite

09:07:25 dub: not in the mainland

09:07:29 assbot: [MPEX] [S.MPOE] 19600 @ 0.00074002 = 14.5044 BTC [-] {2}

09:08:57 dub: 'unnacceptable display of disloyalty to the motherland, ps murica you can stfu about it'

09:09:57 dub: best case tianammen 2.0 and birds inbound to washington

09:10:35 Vexual: like the wot these kids know about history

09:11:33 Vexual: theyre trading bitcoin and doing social media and all kinds of groovey things

09:15:16 Vexual: students in tianammen went to a very different university

09:19:00 Vexual: they prolly took hal their classes in english

09:19:31 Vexual: if fact the english is prolly better than th emandarin

09:21:28 Vexual: however theyve never met the secret police

09:21:43 dub: and now the invite the evils of democracy

09:21:55 dub: you\re not really helping the case

09:22:04 Vexual: whats wrong with democracy?

09:22:13 Vexual: i dont help shit

09:22:17 dub: whats right with it?

09:23:22 Vexual: well i can feel like im part of something bigger with my mind as well as my input

09:23:58 Vexual: and i dont have to hide my favourite cow

09:24:14 dub: theres no such thing as democracy in practise, only americancy

09:24:24 dub: which is a cancer

09:25:00 dub: whats needed is some chinese radiotherapy

09:25:45 Vexual: perhaps you're right

09:26:12 Vexual: me, i like hearing my keyboard click

09:26:27 dub: that just makes you a hipster

09:26:39 Vexual: if im a hipster...

09:26:56 Vexual: wait what?

09:28:29 Vexual: hk is effective a different country

09:29:01 Vexual: the inout is kinda onesided

09:31:33 Vexual: all i know is they cut a nice suit on the way to macau

09:33:19 Vexual: and if 20k kids want something, don't send 6 fuckwits

09:33:55 assbot: [MPEX] [S.MPOE] 11411 @ 0.00074001 = 8.4443 BTC [-]

09:34:56 assbot: [MPEX] [S.MPOE] 45089 @ 0.00074019 = 33.3744 BTC [+] {3}

09:46:30 Vexual: https://www.youtube.com/watch?v=Kr0tTbTbmVA jazzy jeff and the fresh prince, summerime

09:56:53 thickasthieves: i had the cassette

09:57:18 assbot: [MPEX] [S.MPOE] 2186 @ 0.00074163 = 1.6212 BTC [+]

09:59:01 Vexual: oh yes

09:59:06 dub: the double one?

09:59:40 Vexual: mine was on a mixtape

10:00:21 assbot: [MPEX] [S.MPOE] 26007 @ 0.00074567 = 19.3926 BTC [+] {3}

10:02:21 Vexual: trice dubbed

10:07:20 Vexual: https://www.youtube.com/watch?v=1plPyJdXKIY regulators

10:11:08 dub: fuck outta here clean version

10:13:02 Vexual: was it?

10:14:26 penguirker: New blog post: http://qntra.net/2014/10/altcoin-exchange-cryptsy-partners-with-vogogo-and-digital-btc/

10:14:28 dub: i need this in the whip

10:16:02 Vexual: big vern and zt

10:18:30 Vexual: https://www.youtube.com/watch?v=ng1uKhl61LQ

10:19:45 Vexual: ^i got five on it

10:32:47 xanthyos: https://www.youtube.com/watch?v=XduMMteTEbc

10:32:47 assbot: Bill Maher and Ben Affleck Battle Over Radical Islam - " They Will F*cking Kill You! " - YouTube

10:32:53 assbot: [MPEX] [S.MPOE] 38650 @ 0.00074638 = 28.8476 BTC [+] {3}

10:44:04 assbot: [MPEX] [S.MPOE] 7450 @ 0.00074721 = 5.5667 BTC [+]

10:56:11 danielpbarron: the democratic party returns to its jingoist pro-war roots

11:09:29 assbot: [MPEX] [S.MPOE] 29600 @ 0.00074538 = 22.0632 BTC [-]

11:14:34 assbot: [MPEX] [S.MPOE] 35176 @ 0.00074739 = 26.2902 BTC [+] {2}

11:23:03 Vexual: https://www.youtube.com/watch?v=9EmD32AQzaQ fancy

11:30:23 Vexual: https://www.youtube.com/watch?v=hZ4sDn89P04 intermission

11:34:56 Vexual: https://www.youtube.com/watch?v=BXWvKDSwvls joe walsh lifes been good

11:36:42 Vexual: when do i get to talk to riso?

11:37:59 Vexual: encino man

11:41:59 Vexual: delicate flower he is

11:46:16 Vexual: yah can't put losing a pussy riot subscription on your resume

11:47:55 Vexual: https://www.youtube.com/watch?v=1FH-q0I1fJY

11:52:11 assbot: [MPEX] [S.MPOE] 7700 @ 0.00074502 = 5.7367 BTC [-] {2}

11:53:43 Vexual: https://www.youtube.com/watch?v=VpDLeo4lcCg last of the V8s

11:59:00 Vexual: https://www.youtube.com/watch?v=uSodCuo73ig motorhead brotherhood of man

12:05:21 Vexual: https://www.youtube.com/watch?v=XRIWfCDpSWc motorhead one more fucking time

12:08:27 assbot: [MPEX] [S.MPOE] 13300 @ 0.00074222 = 9.8715 BTC [-] {2}

12:12:46 Vexual: https://www.youtube.com/watch?v=a-3ECY9-7e4 inner circle tear down these walls

12:15:02 thickasthieves: ;;ticker

12:15:03 gribble: Bitstamp BTCUSD ticker | Best bid: 347.0, Best ask: 348.09, Bid-ask spread: 1.09000, Last trade: 347.0, 24 hour volume: 23710.17192233, 24 hour low: 346.5, 24 hour high: 373.62, 24 hour vwap: 0

12:16:56 Vexual: shit

12:17:54 mats_cd03: damn

12:17:59 mats_cd03: :(

12:18:40 mats_cd03: http://bitbet.us/bet/1034/bitcoin-to-drop-under-350-before-november

12:18:40 assbot: BitBet - Bitcoin to drop under $350 before November :: 94.14 B (80%) on Yes, 23.94 B (20%) on No | closing in 6 days 11 hours | weight: 15`840 (100`000 to 1)

12:18:49 Vexual: lol

12:18:57 mats_cd03: lost mah bitcoins

12:19:09 Vexual: long way to november

12:21:06 Vexual: 6 and 6 parts of a dozen and then six parts of that, half of six again, ass one sixth

12:21:58 Vexual: ;;8ball

12:21:58 gribble: The answer is def-- oooh! shiny thing!

12:24:21 Vexual: http://vimeo.com/61341838 isis bob dylan 1976

12:24:43 assbot: [MPEX] [S.MPOE] 23000 @ 0.00074812 = 17.2068 BTC [+] {4}

12:35:29 Vexual: https://www.youtube.com/watch?v=0RPkJeziNyI thunder on the mountain bob dylan 2006

12:43:50 Vexual: https://www.youtube.com/watch?v=yyMXhNoyEtg corrina corinna bob dylan et all 1928-1968

12:49:51 Vexual: bob dylans blues circa 62 are stil rarer on youtube circe 2014 than van morrison on youtube circa 21010

12:51:52 Vexual: https://www.youtube.com/watch?v=6lFxGBB4UGU van morrison moondance 1970

12:58:16 assbot: [MPEX] [S.MPOE] 28120 @ 0.00074527 = 20.957 BTC [-] {2}

12:58:33 Vexual: 'https://www.youtube.com/watch?v=AbwivaZoqAM oh here it is bob dylans blues 1962, not 212

13:03:54 Vexual: https://www.youtube.com/watch?v=MxuHQPMD7AE percy p put it on the line 2005

13:09:08 Vexual: https://www.youtube.com/watch?v=dly6p4Fu5TE jennifer lopez jenny from the block 2002

13:09:27 assbot: [MPEX] [S.MPOE] 4390 @ 0.00074853 = 3.286 BTC [+]

13:14:11 Vexual: https://www.youtube.com/watch?v=soEjX2YD3yM king kapisi screams from the old plantation 2000

13:21:32 Vexual: https://www.youtube.com/watch?v=bDyUcmoIkl0 black seeds so true 2004

13:27:46 kakobrekla: <mats_cd03> http://bitbet.us/bet/1034/bitcoin-to-drop-under-350-before-november < jesus all the leeches :(

13:27:47 assbot: BitBet - Bitcoin to drop under $350 before November :: 94.14 B (80%) on Yes, 23.94 B (20%) on No | closing in 6 days 10 hours | weight: 15`722 (100`000 to 1)

13:30:01 Vexual: whaddaya mean leeches?

13:30:15 thickasthieves: i linked the bet to tradingview chat when it broke 360

13:30:17 thickasthieves: :)

13:30:19 Apocalyptic: people betting after the fact occured

13:30:46 Vexual: how does that affect others? im not versed in bitbet

13:31:25 thickasthieves: it just means they submitted bets close to the wire, and some after the wire

13:31:35 thickasthieves: which i think just get refunded

13:31:42 thickasthieves: unless the bet is closed

13:31:51 thickasthieves: then they are kept

13:32:02 thickasthieves: correct me if i'm wrong

13:32:09 Vexual: but it's not closed

13:32:48 thickasthieves: well why not

13:32:50 thickasthieves: !

13:32:55 Apocalyptic: !!1!

13:33:06 Apocalyptic: Vexual, doesn't matter

13:33:41 thickasthieves: it broke like 90min ago i think

13:34:02 Vexual: oh im bots off

13:34:15 Vexual: rhum and all yo usee

13:34:58 Vexual: my dark and stormys only have black rhum

13:35:54 Vexual: dang

13:37:22 Vexual: http://www1.pictures.zimbio.com/gi/Stephen+Hung+Front+Row+Stephane+Rolland+Show+v_dUbEvHiN_l.jpg

13:42:08 Vexual: images like dooglas countin clams

13:43:11 Vexual: eleventeen exchanges cant be wrong

13:47:09 Vexual: https://www.youtube.com/watch?v=QPo7yl-qArA high low

13:52:12 Vexual: https://www.youtube.com/watch?v=J92g7LKkZ1I maniacs

14:04:55 Vexual: https://www.youtube.com/watch?v=bNDAkMgTANg

14:05:22 assbot: [MPEX] [S.MPOE] 1910 @ 0.00074424 = 1.4215 BTC [-]

14:22:39 assbot: [MPEX] [S.MPOE] 15913 @ 0.0007458 = 11.8679 BTC [+] {2}

14:24:40 kakobrekla: ;;bc,xau

14:24:42 gribble: 1 XAU = 1191.700000000000 USD = 3.44680974142 BTC

14:27:44 assbot: [MPEX] [S.MPOE] 3939 @ 0.00074925 = 2.9513 BTC [+]

14:40:58 mircea_popescu: <Dimsler> who gives a fuck about the third world masses? << well, at the very least they do. but otherwise, people like anyone else, what, you think the conventional splits of the world become a thing of the world itself ?

14:41:48 mircea_popescu: ;;ticker

14:41:50 gribble: Bitstamp BTCUSD ticker | Best bid: 346.65, Best ask: 347.86, Bid-ask spread: 1.21000, Last trade: 347.87, 24 hour volume: 20245.98463805, 24 hour low: 345.57, 24 hour high: 370.99, 24 hour vwap: 0

14:41:56 mircea_popescu: ding

14:45:33 kakobrekla: https://www.youtube.com/watch?v=IFe9wiDfb0E

14:45:34 assbot: Welcome to Life: the singularity, ruined by lawyers - YouTube

14:46:02 assbot: [MPEX] [S.MPOE] 2950 @ 0.00074528 = 2.1986 BTC [-]

14:48:04 assbot: [MPEX] [S.MPOE] 16365 @ 0.00074925 = 12.2615 BTC [+] {2}

14:51:21 mircea_popescu: o god.

14:55:08 mircea_popescu: http://www.forbes.com/sites/irswatch/2014/10/03/are-virtual-currencies-the-next-offshore-bank-account-for-tax-evaders/

14:55:08 assbot: Are Virtual Currencies The Next Offshore Bank Account for Tax Evaders? - Forbes

14:55:32 mircea_popescu: methinks teh bureaucrats have figured out they can't beat it and they can't buy it.

14:56:01 kakobrekla: save 20% on taxes while lose 50 value

14:56:02 kakobrekla: good deal

14:57:13 assbot: [MPEX] [S.MPOE] 10600 @ 0.00074528 = 7.9 BTC [-]

14:57:29 mircea_popescu: tax evasion is a 20 to 50 year game plan.

14:57:45 mircea_popescu: ye, about twice the lifespan of most governments

14:58:01 kakobrekla: heh

14:59:27 mircea_popescu: tax evasion is all about a)ensuring your own revenue from back in the day you generate revenue, your 20s and 30s, is available to you when you need it, ie your 60s and 70s and b) making sure the fortune you collected will reach the biologic offspring of your choice, rather than the offspring others would prefer.

14:59:42 mircea_popescu: both of these being, of course, quite reasonable goals.

15:03:37 thickasthieves: and the government's lifeline is preventing you from that

15:04:03 mircea_popescu: not necessarily, no. in fact, the government's lifeline is supporting that.

15:04:23 mircea_popescu: the socialist totalitarian state however, can't exist except by stealing from the producers to support the parasites.

15:04:57 mircea_popescu: if it manages to get a cycle going it can for a time overpower legitimate government.

15:05:19 thickasthieves: why is it that states can offer lotto tickets but gambling is illegal mostly?

15:05:21 mircea_popescu: that cycle depends on successfully misrepresenting itself as a legitimate government to the producers, and sufficiently empowering the parasites as to maintain it in power.

15:05:47 mircea_popescu: which is why other than the money supply, socialist totalitarian governments aim for a monopoly in communication and for a particular corrupt rendition of democracy.

15:07:00 mircea_popescu: STS, not a bad acronym.

15:07:30 mircea_popescu: i suppose if the "community" wasn't mostly composed of retards, i'd be sponsoring a USG=STS grafitti campaign all over the 50 contiguous states.

15:07:32 mircea_popescu: a well.

15:07:59 thickasthieves: sugar tongue slim

15:08:34 mircea_popescu: yeahimsure.

15:10:07 thickasthieves: "For those that follow S.T.S., you probably know his 3 favorite things, WOMEN, WEED, and what to WEAR. "

15:10:34 mircea_popescu: dude srsly ? what's this, glam rap ?

15:11:04 thickasthieves: he's a saint compared to others

15:12:59 mircea_popescu: so you're telling me i could have a rap video produced consisting of sketchy looking black males derping all about how badass they are while being naked and fucking themselves with anal stretchers ?

15:13:06 mircea_popescu: jesus shit i wanna do this now.

15:13:29 thickasthieves: did you hear the gay rapper?

15:13:39 mircea_popescu: that thing's come full circle, it's now gaygsta raep

15:13:46 thickasthieves: (separately, this is the only reason I liek STS https://www.youtube.com/watch?v=E3Ie4CcTGKY)

15:13:46 assbot: STS 16 - BONUS STSisGOLD [Prod. by BearOne] - YouTube

15:14:42 thickasthieves: and for your viewing pleasure https://www.youtube.com/watch?v=8c4jpGG8ew8

15:14:43 assbot: The Gayest Song Of All Time Gay Rapper " Fly Young Red " Music Video Throw That Boy Pxssy " - YouTube

15:14:44 mircea_popescu: so formulaic.

15:15:02 thickasthieves: i just like the groove of that whole sts song

15:15:13 mircea_popescu: thickasthieves so basically he's trying to be that white guy, what's his name ? the short one

15:15:25 thickasthieves: eminem?

15:15:27 mircea_popescu: yea

15:15:42 thickasthieves: most rappers are at least keeping tabs on him

15:15:47 mircea_popescu: heh.

15:15:50 thickasthieves: he's pretty much the king

15:15:56 thickasthieves: but most dont like to say so

15:16:02 mircea_popescu: isn't that a little ironic incidentally ? lol

15:16:14 thickasthieves: like Elvis

15:17:03 mircea_popescu: yea but elvis was talented.

15:17:21 thickasthieves: eminem is quite talented in that context

15:17:24 mircea_popescu: why is this fly young dood even talking, he can't rap or anything

15:17:40 mircea_popescu: now how do you figure that ?!

15:17:53 thickasthieves: eminem is like the only guy that can do it all

15:18:02 mircea_popescu: i mean sure, he's talented in the sense that he doesn't audibly wheeze like this vocational school reject here.

15:18:03 thickasthieves: freestyle, compose, battle, perform

15:18:09 mircea_popescu: uhh.. k.

15:18:17 mircea_popescu: but he doesn't actually have a voice.

15:18:25 thickasthieves: oh hell no

15:18:36 thickasthieves: he's not a singer

15:18:43 thickasthieves: and many voices would sound better on his own stuff

15:18:52 mircea_popescu: well fuck, im a talented dancer, im the only guy who can walk, dress, eat and sit up on a chair.

15:19:02 mircea_popescu: what is this, hospice olympics ?

15:19:14 thickasthieves: well you dont compare ballet to breakdancing do you?

15:19:20 mircea_popescu: i do, yes.

15:19:27 mircea_popescu: in that i require my ballet experts to breakdance.

15:19:38 thickasthieves: hrm

15:19:51 thickasthieves: youre diffusing me with weirdness

15:20:03 mircea_popescu: good exercise, what. breakdancing is a ballet sub.

15:20:30 mircea_popescu: and fwiw, most opera training includes some sca.

15:20:41 thickasthieves: but the best breakdancer couldnt ballet

15:20:44 mircea_popescu: scat*

15:21:09 thickasthieves: i could see how scat would be good training for certain qualities

15:21:16 mircea_popescu: well that depends. if he's actually good rather than just faking it well (by doing the moves he can do in succession so as to distract from the narrowness)

15:21:20 thickasthieves: timing, mouth noise

15:21:20 mircea_popescu: then he could prolly learn pretty fast.

15:22:15 thickasthieves: but the style of his music doesnt provide much opportunity for displaying it

15:22:26 thickasthieves: though i will say when he does try to sing it's pretty weak

15:22:37 thickasthieves: he goes for more of chant thing usually

15:22:46 thickasthieves: and his voice is always heavily processed

15:22:50 thickasthieves: doubled and such

15:22:57 punkman: know any rappers that can actually sing?

15:23:05 mircea_popescu: there were some girls

15:23:07 thickasthieves: yeah, pharcyde

15:23:11 thickasthieves: outkast

15:23:20 thickasthieves: en vogue

15:23:27 thickasthieves: :)

15:23:28 ben_vulpes: pharell williams

15:23:33 thickasthieves: i dont like his voice

15:23:39 assbot: [MPEX] [S.MPOE] 46450 @ 0.0007484 = 34.7632 BTC [+] {3}

15:23:40 thickasthieves: he sings very generic

15:23:49 ben_vulpes: i sign the song generic

15:23:54 thickasthieves: i always thought happy should have been sung by ceelo

15:23:54 ben_vulpes: all pop songs are generic man

15:24:08 thickasthieves: ceelo is a rapper that can sing

15:24:08 ben_vulpes: oh yeah forget ye not ceelo

15:24:18 thickasthieves: he doesnt rap much anymore tho

15:24:30 ben_vulpes: expanding horizons

15:24:39 thickasthieves: such a creepy dude

15:25:48 mircea_popescu: thickasthieves incidentally, you know what else includes breakdancing ? horseback riding lol

15:26:04 ben_vulpes: ?

15:26:14 mircea_popescu: or at least, a lulzy subset of breakdancing consising of "hei guise i've just been thrown at speed fron three feet up, look what i can do"

15:26:32 thickasthieves: hehe

15:26:38 thickasthieves: gymastics

15:26:40 mircea_popescu: no but srsly, "how to safely fall"

15:26:41 thickasthieves: n

15:26:49 thickasthieves: i believe it

15:27:04 thickasthieves: falling is a skill in many sports

15:27:44 mircea_popescu: actually, the one fad i most regret is parkour

15:27:58 ben_vulpes: capoeira is also a superset of breakdancing then

15:28:02 mircea_popescu: in the 90s i was hoping for it to take over the world,

15:28:18 thickasthieves: the videos are fun

15:28:21 thickasthieves: for about 10min

15:28:31 mircea_popescu: ben_vulpes tbh i think the other way around

15:28:36 thickasthieves: kinda like watching skateboarding videos

15:28:45 mircea_popescu: thickasthieves not as much as a performance sport. more like an erryday activity.

15:28:47 thickasthieves: capoeira very dancey

15:28:59 ben_vulpes: capoeira's definitly older.

15:29:09 thickasthieves: yeah itd be cool if humans were all jumpy

15:29:10 ben_vulpes: my dance set theory's weak though.

15:29:38 thickasthieves: ninja swing out of my car to the trunk in one move, cuz why not

15:29:41 ben_vulpes: but go on with the parkour, mircea

15:29:42 mircea_popescu: i suppose western obesity had a lot to do with why it didn't catch over here,

15:29:50 mircea_popescu: but dayum, the chink kids are all thin and shit.

15:30:04 mircea_popescu: <thickasthieves> ninja swing out of my car to the trunk in one move, cuz why not << that.

15:30:36 ben_vulpes: thickasthieves: the passenger door dun work on my wheelbox, i ninja escape over the stick frequently

15:30:50 *: ben_vulpes is enrolling in the b-a paupery competition

15:31:13 mircea_popescu: ben_vulpes you know how the passanger door stops working right ?

15:31:26 ben_vulpes: ...

15:31:39 ben_vulpes: it's specifically the internal release, but go on.

15:31:40 thickasthieves: ben_vulpes is enrolling in the b-a paupery competition /// arbeit macht frei

15:32:09 mircea_popescu: loser dude with no crib to take the bitches at keeps bringing teenaged priss puss over to this ravine or w/e, asks them to do things much to their indignant surprise,

15:32:13 mircea_popescu: so they get out and slam the door.

15:32:17 mircea_popescu: after a few years...

15:32:35 ben_vulpes: thickasthieves: it's one of those "ask a guy who likes flying if he'd rather have 500K or a 6-seater" situations

15:33:04 ben_vulpes: lol mircea_popescu in this situation it's probably my own hulk-smash behavior

15:33:15 mircea_popescu: you mean ask a rap artist if he'd rather have 10k or 100 speed balls for his contract advance ?

15:33:35 ben_vulpes: shit's gotta be robust to survive proximate to me

15:33:47 ben_vulpes: rap artist == drug addict?

15:33:51 thickasthieves: smart rapper gets half and half

15:33:54 thickasthieves: :)

15:33:55 mircea_popescu: ahahhhaha

15:34:00 assbot: Last 6 lines bashed and pending review. ( http://dpaste.com/1XSGQAJ.txt )

15:34:00 mircea_popescu: !b 6

15:34:02 mircea_popescu: so much win there

15:35:11 mircea_popescu: and incidentally,

15:35:14 mircea_popescu: ;;google teenaged priss puss

15:35:14 gribble: Cute teen brunette pussy fantasy sex - Free Porn Videos - YouPorn: http://www.youporn.com/watch/9323237/cute-teen-brunette-pussy-fantasy-sex/; Banned in Bikini Bottom - Encyclopedia SpongeBobia - The ...: http://spongebob.wikia.com/wiki/Banned_in_Bikini_Bottom; Banned in Bikini Bottom (transcript) - Encyclopedia SpongeBobia ...: (1 more message)

15:35:27 mircea_popescu: spongebobia hm ?

15:39:04 mircea_popescu: http://www.youtube.com/watch?v=jPO5VDoDGLM

15:39:05 assbot: Creole Love Call - Adelade Hall - YouTube

15:39:14 thickasthieves: looks like final capitulation is this weekend

15:39:58 mircea_popescu: never.

15:40:30 thickasthieves: i think you mena something else ;)

15:40:32 thickasthieves: mean

15:40:39 mircea_popescu: and i would like the permanent record to reflect the fact that this is going to be the high water mark for all time.

15:40:59 thickasthieves: you mean this low will neve rbe seen again?

15:41:05 mircea_popescu: the next pass, if fucking sponsored by the UN, if it has a special international institution created, won't get as far.

15:41:37 mircea_popescu: thickasthieves not specifically the price itself. more holistically speaking.

15:41:58 thickasthieves: still so many threats to experience though

15:42:11 mircea_popescu: yeah.

15:42:14 mircea_popescu: all for the other side.

15:42:35 mircea_popescu: totally insufficient experience of what threat really means.

15:43:16 thickasthieves: my new fear is how the hell can we keep exchange points from making btc, or paper copy markets

15:43:27 thickasthieves: basically any unnatural inflation

15:43:37 mircea_popescu: by taking delivery.

15:44:05 thickasthieves: but surely some will play in instruments or environments that dont

15:44:18 thickasthieves: and surely some of those may influence whole market

15:44:18 mircea_popescu: and go bankrupt and lose their pot.

15:44:26 mircea_popescu: the high mark of that was pirate, actually.

15:44:47 mircea_popescu: what one sole idiot with the help of a bunch of retarded community members accomplished in 2011

15:45:05 mircea_popescu: can't now be reproduced by the usg, with the help of a smaller bucnh of much more retarded "community" members.

15:45:09 thickasthieves: ethereum will be another node on the timeline

15:45:27 mircea_popescu: yeah but buterin of 2014 is no gigavps of 2011

15:45:28 ben_vulpes: the etf

15:45:46 ben_vulpes: that one kinda makes my knees shake a bit

15:45:59 mircea_popescu: what one is that ?

15:46:03 thickasthieves: i'm kinda thinking that WinklETF aint happening

15:46:04 ben_vulpes: all the american tards who "buy" "btc" via schwab

15:46:06 thickasthieves: COIN

15:46:30 thickasthieves: i was reasding how the application says they plan to use BTCE, bitfinex etc for it

15:46:31 ben_vulpes: thickasthieves: coin?

15:46:31 mircea_popescu: ben_vulpes eh let them have their fun, if they bought tesla it'd be no different.

15:46:43 thickasthieves: COIN is the ticker for the wink ETF

15:46:48 ben_vulpes: ah yeah

15:47:06 ben_vulpes: not even buying otc?

15:47:17 mircea_popescu: how would they lol

15:47:30 ben_vulpes: how are they going to feed that thing without driving the price around like crazy on the playchanges

15:47:34 thickasthieves: i dont recall, but my point is that wtf put btce in your plan

15:47:58 ben_vulpes: what specifically are you talking about, their index or their paper?

15:47:58 mircea_popescu: recall, most of the scams unwinding in the scamspace, bfl, mtgox, etc all tried to use the otc and got rejected.

15:48:09 mircea_popescu: the otc is in fact incredibly effectual at policing

15:48:15 thickasthieves: it says in the doc something like "btce is run by anonymous parties purported to be in bulgaria"

15:48:24 thickasthieves: like the sec will approve that

15:48:34 ben_vulpes: no man

15:48:53 ben_vulpes: COIN is a tool of the USG, the SEC will approve whatever it takes to get fake btc into american hands.

15:49:24 Dimsler: btc-e rocks

15:49:28 Dimsler: best kept secret since bitcoin

15:49:41 thickasthieves: til it pops

15:49:49 kakobrekla: O_o

15:49:55 Dimsler: till what pops

15:50:03 Dimsler: its been the most stable buisness in btc

15:50:06 thickasthieves: at best they are running some kind of arb scheme

15:50:23 thickasthieves: at worst they are printing btc to keep their price down to do same

15:50:28 Dimsler: the btc-e crew is in it for the long run

15:50:29 kakobrekla: etc all tried to use the otc < eh?

15:50:40 Dimsler: not sure what you're rambling about

15:50:53 thickasthieves: no one really withdraws cash from btce

15:51:11 thickasthieves: so you kinda have to pay admission to trade ther eby selling your btc cheap

15:51:29 thickasthieves: somethings fishy

15:51:44 Dimsler: whats fishy about it

15:51:47 Dimsler: the load in percentage

15:51:51 Dimsler: is reflected in the sale price

15:52:02 thickasthieves: ;;ticker --market all

15:52:10 gribble: Bitstamp BTCUSD last: 345.39, vol: 20360.85658159 | BTC-E BTCUSD last: 330.49, vol: 12046.80378 | Bitfinex BTCUSD last: 345.11, vol: 25709.08908204 | CampBX BTCUSD last: 350.0, vol: 45.18495335 | BTCChina BTCUSD last: 344.116476, vol: 41585.37640000 | Kraken BTCUSD last: 341.99671, vol: 8.87086436 | Bitcoin-Central BTCUSD last: 352.923, vol: 84.94255978 | Volume-weighted last (1 more message)

15:52:11 thickasthieves: ^ thats whats fishy

15:52:12 Dimsler: costs about %5 to load into btc-e

15:52:16 Dimsler: you know what

15:52:18 Dimsler: just shutup

15:52:21 thickasthieves: lol

15:52:21 Dimsler: you have no idea wha tyou're talking about

15:52:50 thickasthieves: sore spot?

15:53:07 Dimsler: for what?

15:53:11 thickasthieves: nvm

15:53:18 ben_vulpes: costs 5% to put cash or coins into it?

15:53:25 Dimsler: correct

15:53:32 Dimsler: using any of the available wmz brokers etc.

15:53:50 Dimsler: btc-e uses a back bone of all the scam russian e-currencies to load in

15:54:00 Dimsler: bless them for operating and existing this long

15:54:01 ben_vulpes: lol this is a dark corner of the internet i have no truck with

15:54:35 thickasthieves: dimsler have you ever wd cash from btce?

15:54:46 thickasthieves: i keep asking and cant find anyone

15:54:54 Dimsler: i've done sepa from btc

15:54:55 Dimsler: e

15:54:57 Dimsler: and wmz

15:55:03 thickasthieves: how long ago

15:55:09 Dimsler: constantly

15:55:10 thickasthieves: word

15:55:23 Dimsler: i hedge my clients on there exchange

15:55:27 Dimsler: by picking up short contracts

15:56:01 kakobrekla: ;;bc,stats

15:56:04 gribble: Current Blocks: 323803 | Current Difficulty: 3.466142592397694E10 | Next Difficulty At Block: 324575 | Next Difficulty In: 772 blocks | Next Difficulty In About: 5 days, 1 hour, 53 minutes, and 41 seconds | Next Difficulty Estimate: 34111908469.2 | Estimated Percent Change: -1.58539

15:56:24 Dimsler: my hope is that btc-e doesn't get ruined, the guy said he wants to keep the entire exchange out of the btc nerd limelight

15:57:20 thickasthieves: theyre doing something right

15:57:28 kakobrekla: you cant get destroyed by your users unless you have a faulty product

15:57:51 Dimsler: the actual operation is russian

15:58:09 Dimsler: they had to move out to bulgaria since the russians are derp on bitcoin

15:58:10 thickasthieves: seems they could be a target for AML problems

15:58:17 Dimsler: correct

15:58:40 Dimsler: best btc exchange are in non-oecd and non-us-extradition treaty areas

15:58:44 Dimsler: where no one really gives a shit

15:59:04 kakobrekla: bitstamp is the best

15:59:12 Dimsler: no bitstamp is not the best

15:59:22 kakobrekla: have you seen the css?

15:59:25 mircea_popescu: <Dimsler> its been the most stable buisness in btc << nah, mpex is actually older.

15:59:29 Dimsler: try withdrawing 50k+ and see how bad they own you

15:59:42 kakobrekla: clearly has not seen the css.

15:59:43 Dimsler: mircea_popescu, i meant to add, that deal with usd exchange

16:00:15 assbot: [HAVELOCK] [PETA] [PAID] 4.54245260 BTC to 1`149`988 shares, 395 satoshi per share

16:00:23 Dimsler: kakobrekla, sorry no, i'm not familiar with what css means

16:00:31 thickasthieves: bitstamp is great for releasing btc though

16:00:40 mircea_popescu: "<Dimsler> i hedge my clients on there exchange" << this will need some clarification.

16:00:57 Dimsler: mircea_popescu, if a client wants coins, before i deliver, i short on there exchange with mt4

16:01:00 Dimsler: to lock in there price

16:01:06 kakobrekla: Dimsler sorry my sarcasm engine is stuck on on.

16:01:11 mircea_popescu: ;;gettrust Dimsler

16:01:11 gribble: Currently authenticated from hostmask Dimsler!~dimsler@ Trust relationship from user mircea_popescu to user Dimsler: Level 1: 1, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=Dimsler | WoT data: http://b-otc.com/vrd?nick=Dimsler | Rated since: Tue Oct 22 13:51:07 2013

16:01:18 mircea_popescu: so where are these clients ?

16:01:31 kakobrekla: still, great css.

16:01:32 Dimsler: lol obviously not infront of a computer screen

16:01:51 mircea_popescu: so you deal btc in person in your geographical area and use btc-e to float the spot risk ?

16:01:53 Dimsler: else they would do it themselves

16:02:01 kakobrekla: !down kakobrekla stop it already

16:02:08 mircea_popescu: o.O

16:02:16 Dimsler: who else would allow you to do that

16:02:23 Dimsler: they offer 3:1 leverage

16:02:30 thickasthieves: bfx is 3.3:1

16:02:36 mircea_popescu: lol nm.

16:02:37 Dimsler: yes correct

16:02:56 mircea_popescu: anyway, btc-e has indeed been around for a long time, and no i don't know anything substantial against them, so.

16:03:01 Dimsler: bitfinex is also super decent

16:03:18 assbot: [HAVELOCK] [B.MINE] [PAID] 1.11972744 BTC to 15`436 shares, 7254 satoshi per share

16:03:30 mircea_popescu: they had the original altcoin premine scam,

16:03:46 Dimsler: yes they were given premined shares to list up those junk coins

16:03:50 mircea_popescu: that was scammy at the time but by now even the usg is doing it, so it seems to have been legalised ipso facto

16:04:01 thickasthieves: so with diff going down, is it time to scoop up mining contracts?

16:04:23 mircea_popescu: thickasthieves only with people who'll actually deliver. like say X-Rob here :p

16:04:28 Dimsler: neg

16:04:38 mircea_popescu: imagine this shit, the first time i actually buy a mining future contract, i actually get a great deal on it.

16:04:47 thickasthieves: heh

16:04:53 Dimsler: the time to pickup mining contracts is when the nerds are swinging from the rafters in there basements

16:05:20 assbot: [MPEX] [S.MPOE] 13600 @ 0.00074528 = 10.1358 BTC [-]

16:05:29 kakobrekla: you also bought gigavps for etf

16:05:42 kakobrekla: or what was it

16:05:47 *: kakobrekla rains on parade

16:06:08 mircea_popescu: i suppose that should count too huh.

16:06:23 mircea_popescu: i dunno if i can mix being scammed with not being scammed but not making a profit.

16:06:31 kakobrekla: :p

16:06:35 Dimsler: lol

16:06:49 mircea_popescu: 15.08.14 00:00 from admin

16:06:49 mircea_popescu: Dear participants of the BTC-e.com The cases of hacking accounts with the use of viruses disguised as trade bots, trading platform, and also subscription for mailout, from which you may catch a virus if you follow a link in it, became more frequent.

16:07:03 TheNewDeal: was giga selling mining contracts?

16:07:08 mircea_popescu: this guy thinks in posix lol

16:07:09 Dimsler: lol btc-e is hardcore targeted

16:07:19 Dimsler: they sit on tor exit nodes

16:07:21 Dimsler: sniffing packets

16:07:41 mircea_popescu: "Do you accept any alternate forms of payment such as Debit/Credit Cards?" that part is pretty win.

16:07:48 Dimsler: waiting for btc-e traffic to change withdrawl address'

16:08:40 mircea_popescu: so i gather you have a btc-e account and work as a broker ?

16:08:56 Dimsler: more of a hobby at this point

16:09:10 Dimsler: must pump the value of coins to swell my own

16:09:14 Dimsler: the bitcoin paradox

16:09:20 mircea_popescu: "Any undertaking carried out with Bitcoin (BTC) will begin immediately, though it may be up to 24 hours before it is reflected in your BTC-e account. BTC-e executes all account withdrawals right away or in 1-2 days."

16:09:26 mircea_popescu: lol "hey guise, we're mpex!1"

16:09:53 mircea_popescu: so then if you have a large stash of your own coin, why do you need to hedge on any website ?!

16:10:28 Dimsler: well wait a minute

16:10:34 Dimsler: why should i take on any form of exposure

16:10:49 Dimsler: when theres a service that does it for me on a nominal fee

16:10:52 mircea_popescu: inasmuch as you have a stash, you already took a form of exposure.

16:11:10 mircea_popescu: if you're looking to "pump to sell your own coins", the moment you found a buyer you sell and that';s it.

16:11:24 kakobrekla: ;;ticker

16:11:27 gribble: Bitstamp BTCUSD ticker | Best bid: 341.0, Best ask: 341.42, Bid-ask spread: 0.42000, Last trade: 341.0, 24 hour volume: 22881.12349634, 24 hour low: 340.0, 24 hour high: 368.74, 24 hour vwap: 0

16:11:39 Dimsler: i think you're being eluded by context here

16:11:52 mircea_popescu: that'd be a new one.

16:12:19 Dimsler: nevermind what i'm personally doing with my coins

16:12:31 Dimsler: it has nothing to do with my arbitraging that i do as a side buisness

16:12:34 Dimsler: there is no correlation

16:12:52 mircea_popescu: well, you made the correlation, i'm just trying to follow.

16:12:55 mircea_popescu: are we cancelling it ?

16:13:08 Dimsler: yes because it was taken a tad bit out of context

16:13:38 Dimsler: as is it was an overall generalization of pumping bitcoins to future buyers

16:14:22 Dimsler: at todays price theres 400million worth of coin that needs to be bought up

16:14:24 mircea_popescu: mkay so the situation is that you have a btc-e account and work as a broker, but when i asked you the first time you figured it's a good moment to insert a pretense of significant holdings you don't actually hold, and in doing so inadvertently blew to bits your earlier description of your actual activity, which was up to that point correct.

16:14:26 Dimsler: this year

16:14:30 Dimsler: in order to keep the price up

16:15:51 Dimsler: mircea_popescu, there is no situation, lets stick to ambiguity and vaugness

16:17:57 mircea_popescu: mkay

16:18:02 thickasthieves: china plowing the price down

16:18:14 mircea_popescu: better than belgium.

16:18:21 thickasthieves: ;;ticker

16:18:22 gribble: Bitstamp BTCUSD ticker | Best bid: 336.0, Best ask: 336.17, Bid-ask spread: 0.17000, Last trade: 336.17, 24 hour volume: 23602.59468842, 24 hour low: 335.23, 24 hour high: 368.74, 24 hour vwap: 0

16:18:31 Dimsler: the price is being plowed down by the lack of fresh money

16:18:36 thickasthieves: yep

16:19:02 thickasthieves: need dat new blood

16:19:11 thickasthieves: keep the ponzi going

16:19:41 Dimsler: i've already explained that ages ago

16:19:43 Dimsler: http://www.reddit.com/r/Bitcoin/comments/20iem7/the_bitcoin_network_costs_nearly_1_billion_a_year/

16:19:45 assbot: The Bitcoin network costs nearly $1 billion a year to run. : Bitcoin

16:19:49 Dimsler: you can catch my post here

16:19:56 punkman: so I rewrote deedbot basics, will work on supybot plugin soon

16:20:15 mircea_popescu: ;;rated punkman

16:20:16 thickasthieves: i wonder if days like this make bitpay sweat

16:20:16 gribble: You rated user punkman on Fri May 16 09:11:15 2014, with a rating of 1, and supplied these additional notes: Talent scout and secret agent..

16:20:32 mircea_popescu: punkman my love for you is inflaming.

16:20:46 mircea_popescu: thickasthieves nah notrly.

16:21:10 punkman: working on electrum integration now

16:21:19 mircea_popescu: Dimsler how could one catch your post there, seeing how there's no dimsler ?

16:21:33 mircea_popescu: "I want to make this clear. This is not the result of a conspiracy or collusion. This is the outcome of flawed economic incentives and the reaction to them by participants. Hardware used to mine is irrelevant. The underlying rationale regarding distribution of newly created bitcoins is flawed."

16:21:38 mircea_popescu: lmao reddit entitlement derpage.

16:21:52 Dimsler: no

16:21:54 mircea_popescu: "it's flawed because the government should get it to give it to us why should some people get it to do whatever they feel like onoes"

16:22:11 mircea_popescu: "Contrary to popular belief, a rising bitcoin price ends up damaging liquidity instead of improving it. Miners are encouraged to cashout their huge gains by a rising price. This leads to volatility across the board via crashes. The volatility makes it too difficult to perform economic calculation in BTC."

16:22:19 mircea_popescu: fucktard. for one thing, it STABILIZES the price. which is good.

16:22:22 mircea_popescu: for the other, too hard ? fuck you.

16:22:37 assbot: [HAVELOCK] [HASH] 699 @ 0.00250001 = 1.7475 BTC [-] {4}

16:22:38 Dimsler: lol give me a break you have no idea what you're talking about

16:22:45 mircea_popescu: that would... also be a new one.

16:22:47 Dimsler: satoshi had no idea about economics

16:23:01 mircea_popescu: now how would you know that.

16:23:04 Dimsler: he fucking read murray rothbard and applied his idiotic quantitive theory of money

16:23:05 thickasthieves: at least panic sellers will still have their ETH

16:23:12 Dimsler: which has been debunked for ages

16:23:21 Dimsler: satoshi had no idea how to distribute new coins

16:23:37 kakobrekla: ;;ticker

16:23:40 gribble: Bitstamp BTCUSD ticker | Best bid: 336.0, Best ask: 336.68, Bid-ask spread: 0.68000, Last trade: 335.96, 24 hour volume: 23642.96240402, 24 hour low: 335.23, 24 hour high: 368.74, 24 hour vwap: 0

16:23:40 TheNewDeal: youre ridiculous

16:23:44 mircea_popescu: looky here. all this would make a lot more sense to you if you read the fraudsters explanation as to the difference of acting from a cause from acting towards a purpose.

16:23:51 mircea_popescu: you're trying to apply the acting towards a purpose approach, because that's all they teach anymore.

16:23:55 Dimsler: you have no idea about economics

16:23:58 mircea_popescu: but in fact, a number of people are not doing any of that.

16:24:04 mircea_popescu: simply acting from causes.

16:24:09 Dimsler: i've read some of your shit

16:24:11 Apocalyptic: for a guy that had no idea he made a pretty good job

16:24:12 Dimsler: it goes completely off tangent

16:24:19 Dimsler: with few merrits

16:24:21 TheNewDeal: "satoshi had no idea about cryptography, or computers for that matter" - dimsler

16:24:27 mircea_popescu: you at all familiar with the ancient art of hermeneutics, Dimsler ?

16:24:30 thickasthieves: dimsler mp is abstract but thats like half the joy of reading

16:24:35 thickasthieves: deciphering

16:24:42 thickasthieves: becuase,

16:24:44 Dimsler: lol i enjoy the abstract

16:24:47 thickasthieves: i learned this from fraudsters

16:24:47 thickasthieves: ,

16:24:53 thickasthieves: translating is understanding

16:25:04 Dimsler: they are good reads

16:25:09 Dimsler: and i read the majority of them

16:25:21 thickasthieves: </groupie mode>

16:25:23 Dimsler: but the logic isn't very sound in many of th eposted economic studies

16:25:34 mircea_popescu: ok. so then. satoshi didn't proceed towards this goal or that goal, as presumed by this or that purpose-built theory of economics.

16:25:46 Dimsler: listen

16:25:50 mircea_popescu: he proceeded from basic principle. and he, and a lot of other people, couldn't give less of a shit as to what the ultimate implications are.

16:25:52 Dimsler: bless satoshi

16:26:15 mircea_popescu: it's not that. i don't care about the man's memory or anything. im trying to explain a fundamental difference in approach.

16:26:29 thickasthieves: my main problem with arguments is when they proclaim ideals or extremes are achievable for more than a moment

16:26:36 Dimsler: mircea_popescu, the ultimate implications are going to stifle any form of adoption

16:26:46 mircea_popescu: now how do you know what's going to happen.

16:27:01 mircea_popescu: see, you're trapped in this particular worldview, which falsely promises you somewthing.

16:27:03 Dimsler: because history derp

16:27:14 Dimsler: quantitive money theory fails on any systems its been tried on

16:27:17 mircea_popescu: the way this promise goes is, "if you limit yourself to purpose-theory, you will have privileged access to ultimate effect"

16:27:34 mircea_popescu: this is false. you have no better access than the students of cause-theory, for very good thermodynamic reasons.

16:27:43 mircea_popescu: it's just that THEY do get to control your priors. you do not,

16:27:56 mircea_popescu: instead your priors are controled by the authors of your favourite purpose-theory.

16:28:05 mircea_popescu: which is why you imagine satoshi to be a rothbard tool.

16:28:21 mircea_popescu: because if he had been working in a purpose-theory approach, he would have been.

16:28:30 mircea_popescu: but then again, the proposition that he was is easily falsifiable.

16:28:34 Dimsler: listen don't spin me the arguement here with preppy 101 vocubulary and euphamisms

16:28:55 mircea_popescu: that would... ALSO be a new one.

16:30:43 TheNewDeal: just curious - is it a common practice in any part of the world to brew coffee with snuff?

16:30:44 mircea_popescu: but as a total aside : the quality of your arguments exceeds the quality of your expression, significantly. that means you're smarter than you're read, which is unfortunate. you definitely should read up on and master all that "preppy 101 vocabulary", it's not the waste of time inept pseudo-teachers and pretend-authorities have made it seem.

16:30:57 thickasthieves: dimsler rides the line between enjoyable conversation and troll

16:31:10 mircea_popescu: guy is smart and short fused.

16:31:34 Dimsler: fuck i need some coffee

16:31:36 mircea_popescu: TheNewDeal not afaik. seems a us marketing invention.

16:31:49 mircea_popescu: if you mean snuff=chewing tobacco

16:31:52 TheNewDeal: yes

16:31:54 mircea_popescu: or w/e, insuflating

16:32:26 kakobrekla: id say thats even worse than smoking

16:33:43 kakobrekla: tobacco water is used as pesticide

16:33:47 kakobrekla: i wouldnt drink it.

16:34:07 TheNewDeal: how about coffee and liquor? I've heard of many people proposing it, but rare to see it happen in practice

16:34:29 mircea_popescu: you kidding ?

16:34:31 mircea_popescu: that's common.

16:36:17 thickasthieves: waste of booze imo

16:36:18 kakobrekla: dunno what is your point, but if you want to kill yourself or just want a ruined coffee, there are better ways

16:36:42 TheNewDeal: Is there a specific flavor that's preferred - i.e. brandy?

16:36:42 TheNewDeal: The tobacco was merely a joke

16:36:45 ben_vulpes: caffeine and alcohol is a glorious combination

16:36:52 ben_vulpes: also cocaine and alcohol

16:37:09 mircea_popescu: kakobrekla you can lket coffee grinds sit in alcohol then add sugar, just like anything else.

16:37:10 mircea_popescu: cocoa, too.

16:37:14 mircea_popescu: chicks dig it.

16:37:22 TheNewDeal: Most popular addition I've seen is Baileys, which is basically a flavored creamer you would find at a gas station + small amount of alcohol

16:37:35 thickasthieves: a roommate once put coke in a joint

16:37:49 TheNewDeal: seems like a waste of cannabis imo

16:37:57 TheNewDeal: to each his own

16:37:58 kakobrekla: ;;ticker

16:38:00 gribble: Bitstamp BTCUSD ticker | Best bid: 330.12, Best ask: 332.75, Bid-ask spread: 2.63000, Last trade: 329.15, 24 hour volume: 23585.18803595, 24 hour low: 329.15, 24 hour high: 368.74, 24 hour vwap: 0

16:38:05 mircea_popescu: TheNewDeal liquor is made quite simply : triple alcohol (198 proof or w/e) added to X item of your choice, let sit for a few months. then cut it.

16:38:05 thickasthieves: i said "once" :)

16:38:10 mircea_popescu: water, milk, fresh coffee, w/e

16:38:34 kakobrekla: this stops at 0, right? .... right guys?

16:38:39 ben_vulpes: <mircea_popescu> kakobrekla you can lket coffee grinds sit in alcohol then add sugar, just like anything else. << o fuck the things i learn here

16:38:39 asciilifeform: mamushi liquor.

16:38:48 mircea_popescu: kakobrekla no you will owe the internet dollars when this is all done

16:38:56 mircea_popescu: asciilifeform mail omg!!11

16:38:57 TheNewDeal: I don't believe the price of bitcoin can go negative, alas I'm not an economics expert

16:39:07 kakobrekla: on bitstamp only

16:39:15 *: ben_vulpes boggles at the notion of negatively priced btc

16:39:16 TheNewDeal: or mt cox

16:39:21 asciilifeform: mircea_popescu: yes, i'm awake, on it.

16:39:45 mircea_popescu: http://www.cosmicbuddha.com/adam/archives/000341.html re mamushi

16:39:46 assbot: The Presidental Erection (Higo Blog)

16:40:17 mircea_popescu: ben_vulpes it's been known to happen. that's the textbook definition of dekulakization btw : make an asset go negative value in the open market.

16:40:35 mircea_popescu: like currently, working for the usg is a positive value. you get health insurance, a salary, etc.

16:40:46 mircea_popescu: in a few years, it's a negative value. you get tortured.

16:40:50 mircea_popescu: point in case.

16:40:56 Dimsler: mircea_popescu, i like a simple conversation amongst people i share common interests with

16:41:12 mircea_popescu: yeah but most things worth talking about can't be discussed in simple terms.

16:41:52 mircea_popescu: so the practical choice is either "how you doing" "Great! and you ?" "also great" "oh, great!" or else the midnight oil.

16:43:22 ben_vulpes: http://online.wsj.com/articles/california-governor-vetoes-bill-requiring-warrants-for-drone-surveillance-1412007285

16:43:22 assbot: California Governor Vetoes Bill Requiring Warrants for Drone Surveillance - WSJ

16:46:46 mircea_popescu: who's zenithquinn lol

16:48:06 TheNewDeal: ;;ticker

16:48:08 gribble: Bitstamp BTCUSD ticker | Best bid: 338.0, Best ask: 339.76, Bid-ask spread: 1.76000, Last trade: 339.76, 24 hour volume: 25149.13037167, 24 hour low: 325.67, 24 hour high: 368.74, 24 hour vwap: 0

16:50:17 mircea_popescu: http://www.zenithquinn.com/ << so this dude has managed to write a whole site which loads... nothing at all.

16:50:18 assbot: Zenith Quinn Animations - Art - Videos

16:50:29 mircea_popescu: if anyone can get trhough to a contact or something, tell him to drop by

16:50:59 TheNewDeal: ;;ticker -all

16:50:59 mircea_popescu: punkman: there goes my 350 bet <<< aw shucks!

16:50:59 gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the (1 more message)

16:51:00 Dimsler: maybe thats the premise for humanity

16:51:03 mircea_popescu: 300 next ? 250 ? 100 ?

16:51:08 TheNewDeal: 400

16:51:08 Dimsler: in the end its nothingness

16:51:39 Dimsler: whens the next reward halving again?

16:52:00 punkman: ;;halfreward

16:52:01 gribble: Estimated time of bitcoin block reward halving: Tue Aug 2 17:11:59 2016 UTC | Time remaining: 1 year, 43 weeks, 2 days, 0 hours, 20 minutes, and 0 seconds.

16:52:14 mircea_popescu: coupla years out

16:53:03 TheNewDeal: 1.43 ;)

16:53:22 mircea_popescu: ;;calc 43/52

16:53:23 gribble: 0.826923076923

16:53:28 mircea_popescu: 1.82

16:53:43 Dimsler: i think at 250 theres going to a miner bust out

16:53:44 TheNewDeal: un chiste

16:53:46 Dimsler: or liquidation

16:54:09 Dimsler: especially if it carries through for a few months

16:54:12 TheNewDeal: already seems like some miner hesitation at sub 400

16:58:54 mircea_popescu: definiotely most of the midrange and plenty of the larger mining outfits have just about zero contingency and financial planning in place

16:59:10 mircea_popescu: so yeah, if it goes too low for too long they'll be dropping like flies

17:01:10 The20YearIRCloud: That absolutely shocks me

17:01:19 mircea_popescu: ben_vulpes check it out, you ddosed justitia.com

17:01:21 mircea_popescu: https://supreme.justia.com/cases/federal/us/294/330/case.html

17:01:22 assbot: Perry v. United States :: 294 U.S. 330 (1935) :: Justia US Supreme Court Center

17:01:31 mircea_popescu: o.O

17:01:35 mircea_popescu: i r banned ?!

17:01:52 mircea_popescu: hm looks like just a glitch. nm.

17:01:52 ben_vulpes: looks like it

17:02:02 thickasthieves: bfx swaps at all time high

17:02:10 thickasthieves: 12358btc shorted

17:02:25 mircea_popescu: that's all ?!

17:02:35 mircea_popescu: wasn't that thing supposed to be like huge and shit ?

17:02:47 thickasthieves: ;;market buy 12000

17:02:48 gribble: Bitstamp | A market order to buy 12000 bitcoins right now would take 5392647.4421 USD and would take the last price up to 596.8700 USD, resulting in an average price of 449.3873 USD/BTC. | Data vintage: 0.0393 seconds

17:02:59 mircea_popescu: o wait, i forgot, the wash trading sort of huge. a trillion just as long as it's done in 100 increments. nm me.

17:03:14 thickasthieves: bfx is not a volume leader anymore

17:03:18 thickasthieves: its china remember

17:03:20 thickasthieves: :)

17:03:28 thickasthieves: okcoin

17:04:17 mircea_popescu: so bitcoincharts.com died yest or what.

17:05:02 thickasthieves: they dont list okcoin

17:05:05 thickasthieves: interesting

17:05:23 thickasthieves: nor huobi

17:06:55 dignork: thickasthieves: bitcointicker.co lists huobi

17:07:21 assbot: [MPEX] [S.MPOE] 1450 @ 0.00074936 = 1.0866 BTC [+]

17:08:23 punkman: here you go http://btckan.com/price

17:10:19 thickasthieves: lol look at 796 futures

17:10:25 thickasthieves: i think they do 10:1 margin

17:10:50 thickasthieves: 322000btc volume

17:10:57 thickasthieves: 24h

17:12:16 thickasthieves: thats healthy

17:12:22 mircea_popescu: lol

17:12:49 mircea_popescu: nobody ever heard of them or dealt with them, but sure, 300k bitcoin.

17:13:14 The20YearIRCloud: heh

17:14:15 mircea_popescu: i imagine all over egypt/albania/kyrgiztan/whatever, in all sorts of small rural hamlets with a single internet lifeline, all sorts of adolescent boys are pretending like they got the millionz of btc

17:17:44 The20YearIRCloud: Yeah

17:17:50 The20YearIRCloud: anything fun attracts those types

17:21:14 The20YearIRCloud: It's amazing how people value things - I was at a property auction, house was worth $45k , i wanted it for $35k, and people bid it to $55k due to ego

17:21:14 assbot: AMAZING COMPANY!

17:21:51 mircea_popescu: or maybe due to wanting it ?

17:24:38 assbot: [MPEX] [S.MPOE] 23488 @ 0.00074945 = 17.6031 BTC [+]

17:27:19 The20YearIRCloud: Quite possibly, however from my standpoint there wasn't anything special with it. Heck there's a home right next to it for sale they could of got for less with the same features

17:28:32 mircea_popescu: for all you know this one had ten pounds of gold coins burried in the back yard.

17:32:19 The20YearIRCloud: So why's btc around 335 today?

17:32:55 mircea_popescu: ongoing pricewarz

17:33:28 thickasthieves: recalibrating

17:33:47 thickasthieves: too many of the wrong people had coins

17:39:53 assbot: [MPEX] [S.MPOE] 19706 @ 0.00074871 = 14.7541 BTC [-] {2}

17:40:56 mircea_popescu: !up hatchmo

17:43:31 mircea_popescu: it occurs to me that the web2.0 replacement of / with ? is one of the most idiotic things ever done

17:43:37 mircea_popescu: that thng looks like a + on a small scale.

17:44:18 mircea_popescu: why this constant braindamnged need to "improve" by ruining everything

17:44:35 Dimsler: LOL

17:44:59 thickasthieves: back to the caves i say!

17:46:57 hatchmo: what do you guys think of circle?

17:47:34 thickasthieves: horrible interface

17:47:39 Dimsler: unsustainable

17:48:31 hatchmo: because of the lack of direct transaction fees?

17:50:34 dignork: hatchmo: their sell/buy rates are equal?

17:50:55 thickasthieves: well the only thing of value they provide is a connection to banks, right?

17:51:12 dignork: but so is coinbase

17:51:24 thickasthieves: coinbase is at least getting their 1%

17:51:43 thickasthieves: something has to give

17:52:03 TheNewDeal: coinbase gets much more than 1%

17:52:05 assbot: [MPEX] [S.MPOE] 26473 @ 0.00074961 = 19.8444 BTC [+] {2}

17:52:40 TheNewDeal: they deliver 5 business days after, which basically turns into an option priced in at 1% above current price, 4 days out

17:53:06 assbot: [MPEX] [S.MPOE] 3641 @ 0.00074969 = 2.7296 BTC [+]

17:59:23 hatchmo: you can buy instantly on coinbase TheNewDeal

17:59:56 TheNewDeal: thought that was for an increased fee

18:00:46 penguirker: New blog post: http://fraudsters.com/2014/fderp-september-2014-statement/

18:01:30 hatchmo: you have to provide a credit card TheNewDeal

18:05:19 mircea_popescu: hatchmo http://mpex.ws/?mpsic=D.CIFI

18:05:19 assbot: D.CIFI last @0.00000000

18:06:27 hatchmo: what is dcifi?

18:07:22 mircea_popescu: circle synthetic equivalent.

18:11:13 mircea_popescu: ;;seen DanielKrawisz

18:11:13 gribble: DanielKrawisz was last seen in #bitcoin-assets 1 day, 13 hours, 57 minutes, and 57 seconds ago: <DanielKrawisz> No, why?

18:11:17 mircea_popescu: ;;later tell DanielKrawisz http://fraudsters.com/2012/the-politics-of-bitcoin/ << this 2012 article, of course.

18:11:20 assbot: The politics of Bitcoin pe fraudsters - Un blog de Mircea Popescu.

18:11:20 gribble: The operation succeeded.

18:16:32 mircea_popescu: !up GodHatesFigs

18:23:24 GodHatesFigs: buying all dem bargain bitcoins

18:24:42 mod6: i had a dream last night that it went down to $6 again, and i tried to back up a truck

18:26:46 GodHatesFigs: $6; $335 - it's all the same :)

18:27:02 mircea_popescu: and then you bought 30k's worth and it was back to 1200 ?

18:28:48 mod6: higher. :)

18:28:56 mod6: x10

18:30:23 mircea_popescu: lol

18:33:25 mod6: eep! host laaaag

18:35:02 mod6: well, it reconnected in #altcoin, i should merge that change.

18:41:54 assbot: [MPEX] [S.MPOE] 8600 @ 0.00074786 = 6.4316 BTC [-] {2}

18:48:00 assbot: [HAVELOCK] [AM1] 4 @ 0.17 = 0.68 BTC [-]

19:12:02 kakobrekla: so thickasthieves did you start pasting the 300 bet around yet?

19:12:46 mircea_popescu: ;;ticker

19:12:47 gribble: Bitstamp BTCUSD ticker | Best bid: 337.43, Best ask: 338.55, Bid-ask spread: 1.12000, Last trade: 337.65, 24 hour volume: 26940.07119603, 24 hour low: 325.67, 24 hour high: 367.1, 24 hour vwap: 0

19:12:53 mircea_popescu: lol i thought it crossed.

19:14:54 mircea_popescu: "Busco mujeres para fotos artisticas en Buenos Aires.

19:14:54 mircea_popescu: Fotos de desnudos, fotos color & blanco y negro.

19:14:54 mircea_popescu: Mujeres jovenes. Cualquier tipo de cabello, color de piel y ojos. Con ganas de modelar para fotos artisticas cuidadas.

19:14:54 mircea_popescu: A cambio puedo ofrecerte copia de las fotos para tu propio book. Si estas interesada enviame un mail con una foto tuya a color y mail o telefono para contactarme.

19:14:55 mircea_popescu: NO ES PAGO. ES POR CANJE DE FOTOS POR MODELAJE"

19:15:05 mircea_popescu: this is the fucking competition lmao. free modelling for art!!1

19:23:15 thickasthieves: i didnt see the 300 bet

19:25:46 thickasthieves: i linked it :)

19:26:25 thickasthieves: i'll be rolling is referral satoshis! mwoohahaha

19:28:07 thickasthieves: i was thinking not very hard about whether the fact that it costs 5% to get money into btce is actually a sound reason for BTCUSD to be 5% cheaper there

19:28:46 thickasthieves: i dont think most markets factor in fees so efficiently

19:29:03 thickasthieves: or am i missing something

19:29:42 mircea_popescu: if it's a sellers market

19:29:53 mircea_popescu: otherwise, it should conceivably be 5% more expensive.

19:31:11 jurov: lol i'm scanning a bunch of stuff and noticed my household insurance specifically excludes "caused by improper date calculation by computer"

19:31:31 thickasthieves: y2k!

19:32:19 jurov: "i had a fire in my flat" "twas improper date calculation, gtfo"

19:32:47 mircea_popescu: lmao y2k left over.

19:33:22 thickasthieves: probly just avoiding trolls

19:34:29 jurov: how would that help against trolls?

19:35:10 jurov: they are trolls. i fully expect, if my washmachine causes a flood, them to ask if it has a microcontroller

19:35:47 assbot: [MPEX] [S.MPOE] 13126 @ 0.00074781 = 9.8158 BTC [-]

19:37:33 thickasthieves: i assume one asshole says y2k made my pc catch fire

19:37:39 thickasthieves: and theyre like uh no fuck this

19:40:02 thickasthieves: but who knows

19:40:30 jurov: how it is different from pc catching fire from faulty physical component?

19:41:01 jurov: afaik such case *is* covered

19:41:18 thickasthieves: i dont do insurance, but maybe there are aspects that can be your fault

19:41:39 thickasthieves: like overclocking

19:41:43 thickasthieves: no idea

19:42:33 jurov: yes, that's another thing, if they come to suspect OC

19:55:06 assbot: [MPEX] [S.MPOE] 20148 @ 0.00074892 = 15.0892 BTC [+] {2}

20:05:41 thickasthieves: ;;ticker

20:05:43 gribble: Bitstamp BTCUSD ticker | Best bid: 324.19, Best ask: 324.83, Bid-ask spread: 0.64000, Last trade: 324.19, 24 hour volume: 27940.04199331, 24 hour low: 323.0, 24 hour high: 365.07, 24 hour vwap: 0

20:08:19 assbot: [MPEX] [S.MPOE] 13250 @ 0.0007453 = 9.8752 BTC [-]

20:11:22 assbot: [MPEX] [S.MPOE] 2500 @ 0.0007453 = 1.8633 BTC [-]

20:15:28 asciilifeform: mircea_popescu: this month's turd is mailed.

20:17:09 mircea_popescu: win.

20:17:13 jurov: heh turd

20:18:16 asciilifeform: i haven't, surprisingly, received any hate mail re: the lameness; must assume it's going to mircea_popescu's dev/null

20:18:29 mircea_popescu: no pics ? i was promised pix!

20:18:40 asciilifeform: shot the pics wad here

20:18:55 *: asciilifeform can always take more

20:19:02 mircea_popescu: link ?

20:19:13 asciilifeform: !s rotor

20:19:14 assbot: 21 results for 'rotor' : http://search.bitcoin-assets.com/?q=rotor

20:19:30 asciilifeform: http://log.bitcoin-assets.com/?date=02-10-2014#855068

20:19:32 assbot: Logged on 02-10-2014 12:48:37; assbot: vacuum nozzle (rotor) - Imgur

20:19:40 jurov: and that gold...er... brass nozzle or whatever

20:19:48 asciilifeform: http://log.bitcoin-assets.com/?date=02-10-2014#855251

20:19:48 assbot: Logged on 02-10-2014 13:44:16; assbot: Making vacuum rotor ('Sherline' micro-lathe) - YouTube

20:20:22 *: asciilifeform regressed mostly to 18th c., at least temporarily

20:20:42 mircea_popescu: lol. danke.

20:20:42 *: jurov goes to troll reddit "S.NSA is machining stuff from gold"

20:21:04 mircea_popescu: this is kinda an idea... maybe we should open a line of hand machined slave collars and other items

20:21:08 asciilifeform: lol!

20:21:25 mircea_popescu: asciilifeform dja feel like making hardware ? :D

20:21:26 asciilifeform: paging ben_vulpes!

20:21:35 asciilifeform: ^ he has an adult lathe i think

20:21:58 *: asciilifeform can make collars. for guinea pigs, rats, iguana...

20:22:08 asciilifeform: 3 inch spindle.

20:22:28 mircea_popescu: cockrings, clearly.

20:22:31 asciilifeform: aha!

20:22:33 assbot: [MPEX] [S.MPOE] 12800 @ 0.00074528 = 9.5396 BTC [-] {2}

20:22:40 jurov: hue

20:23:19 *: asciilifeform now wonders if a cock ring is generally a shaft-collar or set-screw

20:23:32 asciilifeform: *clamp-collar

20:24:00 asciilifeform: https://en.wikipedia.org/wiki/Shaft_collar << for folks in the jungle

20:24:00 assbot: Shaft collar - Wikipedia, the free encyclopedia

20:24:55 jurov: TIL cockring with set screw..eww..

20:25:51 mircea_popescu: so here's a random idea. x.org and pretty much every implementation of a gui on linux does a pisspoor job of hiding kbd from any running program. ie, you can trivially read keystrokes typed in any window from any other window. on the other hand js stuff like .which and .keycode allows a website to read the kbd pretty well.

20:26:09 mircea_popescu: so... how hard can it be.

20:26:18 asciilifeform: first decide which 'it'

20:26:39 jurov: use gtk_pinentry for everything?

20:26:48 mircea_popescu: some it or other.

20:27:07 mircea_popescu: jurov what'd gtk_pinentry do ?

20:27:29 jurov: if you ever used gpg under X

20:27:39 jurov: it pops up and monopolizes keyboard

20:27:46 mircea_popescu: does it actually ?

20:28:16 jurov: let me try

20:28:25 *: mircea_popescu at edge of seat.

20:29:19 *: asciilifeform doesn't like dedicated 'user is entering passwords' api gizmos - demarcated target.

20:29:56 jurov: only a quickie with xev

20:30:14 jurov: when pinentry was active, i was unable to get kbd events into xev

20:30:29 jurov: not that proves anything, just a concet how it works

20:30:33 mircea_popescu: that's something.

20:30:35 mircea_popescu: http://dmauro.github.io/Keypress/ < btw.

20:30:35 assbot: Keypress: A Javascript library for capturing input

20:31:02 mircea_popescu: course i have nfi why xorg was made so windowsy in the first place.

20:31:42 jurov: what do you mean?

20:31:51 jurov: xorg is quite far from windowsy

20:32:05 jurov: just the toolkits are

20:32:26 jurov: and if you mean security, well...1980s

20:32:29 mircea_popescu: specifically the kbd issue

20:33:26 assbot: ninjashogun +v failed; L1: 0, L2: -4

20:33:55 kakobrekla: !up ninjashogun i do what iwant

20:34:10 asciilifeform: masochism-lol

20:34:22 jurov: hi ninjashogun, our resident security expert

20:34:33 jurov: so what do you think about this xorg problem?

20:34:41 ninjashogun: Thanks. Does someone who has gribble with the proper distance want to trust me to whatever extent is required for an up. Ascii has complained about the volume of contribution, so I will keep it down. (obvoiusly you can remove this rating if you find I'm abusive.)

20:35:30 thickasthieves: i doubt anyone here wants you roaming freely

20:35:30 ninjashogun: jurov, hi. I'm actually a startup founder, not a security expert per se (besides a good theoretical understanding and some practical reading same as avialable to everyone here.) Not an xorg expert!

20:35:43 The20YearIRCloud: i hate having all this BTC sitting and not being cashed out

20:35:58 kakobrekla: delete the wallet

20:36:02 The20YearIRCloud: we've lost something like $75k-$100k over the past year and a half due to volatility and the inability to cash out our deposits quickly

20:36:06 thickasthieves: well a little late to cash out probly

20:36:15 jurov: The20YearIRCloud, do it rapeghost way: pay dividends

20:36:30 The20YearIRCloud: rapeghost?

20:36:40 mircea_popescu: asciilifeform can i have original of that video ?

20:36:48 jurov: alias rg.. prolly before your time

20:36:49 mircea_popescu: i intend to gif-ify it to test the saffron chick's thing.

20:37:01 mircea_popescu: dude this guy again ?

20:37:12 asciilifeform: mircea_popescu: 1sec

20:37:19 ninjashogun: Incidentally if it is on-topic here I am curious about the opinion of people here about 1) cause of BTC price depression 2) whether BTC price will rebound. Where will the buy pressure come from, given that there are other crypto currencies as well?

20:37:29 asciilifeform: !s waterfall

20:37:30 assbot: 21 results for 'waterfall' : http://search.bitcoin-assets.com/?q=waterfall

20:37:47 kakobrekla: <The20YearIRCloud> we've lost something like $75k-$100k over the past year and a half due to volatility and the inability to cash out our deposits quickly < handy excuse

20:37:47 *: asciilifeform favours that hypothesis, cannot speak for other people

20:37:52 xanthyos: hi

20:37:55 thickasthieves: ninjashogun, I will allow the price to start going up again tomorrow

20:38:07 jurov: ninjashogun,. it will come from dogecoin and from angel whales

20:38:14 jurov: !s angel whale

20:38:15 assbot: 3 results for 'angel whale' : http://search.bitcoin-assets.com/?q=angel+whale

20:38:25 kakobrekla: !s angel whale fishes

20:38:25 assbot: 1 results for 'angel whale fishes' : http://search.bitcoin-assets.com/?q=angel+whale+fishes

20:38:35 xanthyos: my psychic premonition about 360 $/btc being the absolute glass floor were not true

20:38:38 The20YearIRCloud: excuse for what?

20:38:50 kakobrekla: for vaporizing 100k

20:39:00 The20YearIRCloud: I just hate the equity loss being that bad

20:39:15 thickasthieves: then why did you take the risk

20:39:26 The20YearIRCloud: guess i don't understand how a large-ish business that takes BTC and runs into the asme cashout problems as us could operate with it

20:39:28 ninjashogun: What I mean is that long-term, if BTC held a monopoly on crypto currency my price target would be $300K per bitcoin. (Simply because that is required for the amount of crypto currency the world has a money supply demand.) But the problem is that other crypto currencies can meet some of this demand. So, is that some of the reason for the decline? If it is, what will cause the rebound?

20:39:43 xanthyos: "Risk is our business." (James Tiberius Kirk)

20:39:44 mircea_popescu: dude stop positing idiocy.

20:39:50 mircea_popescu: no "other cryptocurrencies" exist.

20:39:53 jurov: how did you calculate the demand?

20:39:55 The20YearIRCloud: There's 1000 other cryptos out there ninjashogun

20:40:01 mircea_popescu: no such can ever exist, no such will ever exist. no such has met any demand, nor could, nor wil.

20:40:02 ninjashogun: mircea_popescu, "no other cryptocurrencies exist", um?

20:40:06 mircea_popescu: no um.

20:40:16 mircea_popescu: and for that matter : you're not a startup anything, especially not a founder.

20:40:18 The20YearIRCloud: http://coinmarketcap.com/

20:40:18 assbot: Crypto-Currency Market Capitalizations

20:40:34 thickasthieves: those are games not coins

20:40:47 thickasthieves: and altcoin already has those sewn up

20:40:49 kakobrekla: hey my buttcoin poster sez buttcoin is game

20:40:52 mircea_popescu: and you do not have understanding, theoretical or otherwise, on any topic, and specifically no good such understanding.

20:41:04 mircea_popescu: now that we're settled on most of these topics, did you have anything meaningful to say ?

20:41:07 ninjashogun: mircea_popescu, Oh, uh (wink) right. You are right that there are no other crypto currencies besides btc, I will grant this to you. It is ridiculous to assume any other crypto currency can ever come into existence.

20:41:15 mircea_popescu: goof.

20:41:17 jurov: aww y'all are so demeaning to these serious altbusinesses

20:41:19 mircea_popescu: !down ninjashogun

20:41:27 mircea_popescu: good*.

20:41:28 *: thickasthieves cheers

20:41:31 jurov: i'm more interested in that demand caluculation

20:41:44 jurov: did it involve a rectum?

20:41:54 mircea_popescu: we've sunk to the lows where kako trolls the channel. i know of no other place where the actual chan owner trolls the chan

20:41:58 mircea_popescu: except, of course, for something awful.

20:42:04 jurov: oh you finished him :(

20:42:07 kakobrekla: :(

20:42:23 xanthyos: all tissues are called "kleenex." all cola is called "coke." all photocopies are called "xerox." btc WON the cryto branding game

20:42:38 kakobrekla: imm prolly usg covert

20:42:44 The20YearIRCloud: how do you calculate coin demand jurov

20:42:46 mircea_popescu: no dude, doge is "covering some of that demand"

20:42:50 xanthyos: crypto*

20:42:53 mircea_popescu: because a buncha fuctarded kids derping are "the demand" now

20:42:55 thickasthieves: <+The20YearIRCloud> how do you calculate coin demand jurov /// price

20:43:23 jurov: no i wanted to know his calcualtion

20:43:44 The20YearIRCloud: ah

20:43:46 jurov: required for the amount of crypto currency the world has a money supply demand

20:43:58 mircea_popescu: $rand

20:44:46 The20YearIRCloud: So it's assumed there's a 100% adpotion rate

20:44:55 mircea_popescu: contorted fucking reasoning, such as, "mp said once that the endgame for bitcoin is this. now, let's maintain that figure but pretend like mp wasn't talking about btc, but about geese. so then a goose should be 300k usd per, and since it's not, clearly iron nails are taking up some of that market"

20:45:09 mircea_popescu: "so give me 50k and i might buy iron nails which might be worth more in the future"

20:45:44 mircea_popescu: let's call it... "a facultative idea" or whatever the fuck it was.

20:46:29 mircea_popescu: !s "discretionary project"

20:46:29 assbot: 5 results for '"discretionary project"' : http://search.bitcoin-assets.com/?q=%22discretionary+project%22

20:46:57 assbot: [MPEX] [S.MPOE] 20739 @ 0.00074929 = 15.5395 BTC [+] {2}

20:48:02 kakobrekla: <thickasthieves> <+The20YearIRCloud> how do you calculate coin demand jurov /// price

20:48:04 kakobrekla: its not price

20:48:08 kakobrekla: not even the published mkt cap

20:48:13 kakobrekla: cause its bogus

20:48:49 mircea_popescu: you don't really calculate it, is the problem.

20:52:22 asciilifeform: mircea_popescu:

20:52:47 mircea_popescu: danke

20:52:53 []bot: Bet placed: 3.75 BTC for Yes on "Bitcoin to drop under $300 before December" http://bitbet.us/bet/1020/ Odds: 72(Y):28(N) by coin, 54(Y):46(N) by weight. Total bet: 15.48725376 BTC. Current weight: 33,226.

20:55:29 mircea_popescu: !s from:mircea_popescu pretty slick

20:55:30 assbot: 1 results for 'from:mircea_popescu pretty slick' : http://search.bitcoin-assets.com/?q=from%3Amircea_popescu+pretty+slick

20:55:35 mircea_popescu: HA!

20:57:35 mircea_popescu: ;;ticker

20:57:36 gribble: Bitstamp BTCUSD ticker | Best bid: 331.14, Best ask: 332.94, Bid-ask spread: 1.80000, Last trade: 332.94, 24 hour volume: 28533.28413378, 24 hour low: 322.04, 24 hour high: 365.07, 24 hour vwap: 0

21:00:02 mircea_popescu: Sorry! Gfy's are 15 seconds max! This video is 86.00 seconds. Think simple, jiffy, and captivating!

21:00:03 mircea_popescu: awww!

21:00:11 mircea_popescu: !up CryptoGoon

21:00:30 CryptoGoon: Hi

21:00:33 CryptoGoon: Lol

21:00:44 mircea_popescu: ello

21:01:12 asciilifeform: mircea_popescu: i can convert...

21:02:38 mircea_popescu: asciilifeform if you can cut a good <15s spot i'd like it

21:02:52 mircea_popescu: if not ima just ul the 86s thing as is.

21:02:57 asciilifeform: 1sec

21:05:25 jurov: i got into PM with ninjashogun and last thing before i lost it was

21:05:28 mircea_popescu: "But the file size is so high. Anyway to reduce the file size without compramising quality. My video file mostly contains texts " << idiot on stack exchange.

21:05:30 jurov: <ninjashogun> we don't have to discuss that. But you have to realize that the files aren't considered private/secret, if the usage case includes signing at public computers

21:05:39 mircea_popescu: definitely, the format for "texts" is video x.x

21:05:48 jurov: "signing at public computers"

21:06:35 mircea_popescu: guy lives in his own space.

21:06:56 kakobrekla: singing at public computer

21:07:06 kakobrekla: i have done that, even in front of public people

21:07:36 mircea_popescu: i used to drink public water

21:09:17 mats_cd03: so when will there be preorders for a cardano?

21:09:17 mats_cd03: or is that not going to be a thing.

21:09:19 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/3S8VR5T.txt )

21:09:19 jurov: !bash 3

21:09:25 mats_cd03: =[

21:10:49 mircea_popescu: well once asciilifeform is done building his own city over there...

21:11:13 *: asciilifeform never grokked point of preorders. selling gizmos you don't have in stock ~= sc4mz0r1ng

21:12:09 asciilifeform: mircea_popescu: which 15 seconds would you like?

21:12:12 asciilifeform: it converts fine here

21:12:45 mircea_popescu: i dunno

21:12:49 asciilifeform: i can even stuff the whole thing in a gif.

21:13:03 mircea_popescu: yeah but what size gif ?

21:13:27 asciilifeform: a very heavy one.

21:15:04 mircea_popescu: listen i just made it into a 30mb avi, it'kll be good enuff

21:15:48 asciilifeform: hah it worked

21:16:26 assbot: [MPEX] [S.MPOE] 12583 @ 0.00074461 = 9.3694 BTC [-]

21:16:41 asciilifeform: 5meg ~= 1st 20 sec.

21:17:25 asciilifeform:

21:17:32 mircea_popescu: http://fraudsters.com/2014/no-such-labs-snsa-september-2014-statement/

21:17:33 assbot: No Such lAbs (S.NSA), September 2014 Statement pe fraudsters - Un blog de Mircea Popescu.

21:17:54 mircea_popescu: that's a nice convertor, what is it ?

21:17:57 asciilifeform: nm off by decimal place

21:17:58 asciilifeform: 50m

21:18:01 asciilifeform: fuggedaboutit

21:18:07 asciilifeform: ffmpeg

21:18:13 mircea_popescu: sweet.

21:18:17 asciilifeform: bog-standard.

21:18:43 asciilifeform: (all 50m uploaded in case anyone wants this for something, can't picture why)

21:20:25 jurov: in 200years it will be reenacted religiously every sunday

21:20:41 mircea_popescu: haha

21:20:57 mircea_popescu: a lathing church, now that'd be something

21:20:58 *: asciilifeform actually recalls some sf universe with religion involving lathes, but can't put finger on precisely where

21:25:17 mircea_popescu: ;;ticker

21:25:19 gribble: Bitstamp BTCUSD ticker | Best bid: 330.76, Best ask: 331.0, Bid-ask spread: 0.24000, Last trade: 331.0, 24 hour volume: 28406.61823679, 24 hour low: 322.04, 24 hour high: 365.07, 24 hour vwap: 0

21:34:46 assbot: [MPEX] [S.MPOE] 6891 @ 0.00074601 = 5.1408 BTC [+]

21:35:50 penguirker: New blog post: http://fraudsters.com/2014/no-such-labs-snsa-september-2014-statement/

21:37:04 []bot: Bet placed: 3 BTC for No on "BTC Difficulty over 41Bn before November" http://bitbet.us/bet/1050/ Odds: 29(Y):71(N) by coin, 42(Y):58(N) by weight. Total bet: 20.15235445 BTC. Current weight: 25,299.

21:48:25 decimation: amusing http://www.thisamericanlife.org/radio-archives/episode/536/the-secret-recordings-of-carmen-segarra << some derpy latina with moxy joins the fed, is assigned to goldman, and is shocked to discover that the fed is composed of spineless twerps

21:48:26 assbot: The Secret Recordings of Carmen Segarra | This American Life

21:49:04 mircea_popescu: what's moxy

21:49:19 asciilifeform: chutzpah ?

21:50:15 decimation: ;;ud moxie

21:50:15 gribble: http://www.urbandictionary.com/define.php?term=moxie | Moxie (mok'see)n. Something or someone posessing the attribute of "coolness" or having "balls." The next word most likely to be stolen by Paris Hilton and then ...

21:50:43 mircea_popescu: ah moxie

21:50:52 mircea_popescu: so basically, private manning of the nyfed ?

21:51:16 mats_cd03: asciilifeform: ah well, see it as a perk of the faith people have in your ability to deliver.

21:51:24 mircea_popescu: hey, at least they're regulating bitcoin. because that's a safe move :D

21:51:48 asciilifeform: mats_cd03: which 'it' ?

21:51:55 asciilifeform: mats_cd03: (i must've missed something)

21:52:05 decimation: she released 'secret tapes' of her conversations with other fed employees & goldman

21:52:35 mats_cd03: asciilifeform: preorders.

21:52:41 asciilifeform: aha

21:53:03 *: asciilifeform (re: tapes) immediately shrugs, 'the goodstuff, if any, must've been snipped, ...' etc.

21:53:04 assbot: [MPEX] [S.MPOE] 17900 @ 0.00074457 = 13.3278 BTC [-] {2}

21:53:46 decimation: One episode - her boss "Mike Silva" was about to go to a meeting where Goldman was going to buy the shady assets of a Spanish bank - and it required the Fed's "no objection" "And one of the things that caught Carmen’s eye was a short paragraph that the banks had written into the agreement. It said that Goldman had to notify the Fed about the Santander deal and obtain a quote,“no objection.""

21:54:07 asciilifeform: and a nailgun is being oiled somewhere (assuming whole thing isn't a hangout)

21:54:54 decimation: "Mike Silva: My own personal thinking right now is that we’re looking at a transaction that’s legal but shady. I want to put a big shot across their bow on that. Poking at it, maybe we find something even shadier than we already know. So let’s poke at this thing, let’s poke at it with our usual poker faces, you know. I’d like these guys to come away from this meeting confused as to what we think about it. I want to keep

21:54:56 decimation: thennervous."

21:55:59 thickasthieves: i listened to the npr thing, honestly the soundbytes didnt seem that bad

21:56:15 thickasthieves: i can see how capture is a problem though

21:56:17 decimation: Later in the meeting with Goldman, here's his "poking to make them nervous": "Mike Silva Just to button up one point. I know the term sheet called for a notice to your regulator. The original term sheet also called for expression of non-objection, sounds like that dropped out at some point, or...?

21:56:18 decimation: Jake Bernstein: That’s everything he says on the topic in this meeting."

21:57:19 mircea_popescu: anyone with even a modicum of experience in the field can tell you that this sort of "sheperded proof" is pretty much useless.

21:58:05 mircea_popescu: not so unlike trying to audit the activity of diplomats.

21:58:08 decimation: well, since it is fed policy to keep all meetings with banks secret, I guess only a few know the reality

21:58:11 mircea_popescu: this is not something the plebs can do.

21:58:58 decimation: agreed, but it's not like one needs substantial evidence to imagine that usg employees are derpy bureaucrats who kowtow to people who make literally 10x their salary

22:00:52 *: asciilifeform suspects that, as with soviet bureaucrats, salary is only small part of the compensation package.

22:02:12 decimation: asciilifeform: The traditional method of 'cashing out' is to take a job with the regulator's target after a few years to establish bona fides

22:02:13 assbot: [HAVELOCK] [AM1] 12 @ 0.13422671 = 1.6107 BTC [-] {9}

22:03:30 decimation: at any rate, I doubt that these fed employees carry much weight anyway, because someone in goldman can make a phone call to their boss's boss's boss and work out whatever deal needs to be made

22:04:25 asciilifeform: observation was not about weight they might carry in their domain, but in ordinary life

22:05:13 asciilifeform: e.g., what happens if a 'fed' minion (in good standing) appears in court, with a 'plebe' accuser (or plaintiff) ?

22:05:41 asciilifeform: do 'civil forfeiture' actions ever succeed against them? or magicked away ?

22:05:47 asciilifeform: etc.

22:06:17 assbot: [MPEX] [S.MPOE] 12138 @ 0.00074632 = 9.0588 BTC [+] {2}

22:06:35 asciilifeform: (more in that vein: are the tax authorities permitted to harass them, as if they were mortals? or need permission first.)

22:07:36 decimation: ah, well that happened after the above Mr. Silva fired the latina with moxie: "In the statement the Fed sent us last week, they say, quote, “The decision to terminate Ms. Segarra’s employment with the New York Fed was based entirely on performance grounds, not because she raised concerns as a member of an examination team about any institution.” In the spring, a judge threw Carmen’s suit out saying the law Carmen sued the Fed

22:07:37 decimation: under did not apply in this case"

22:08:56 mircea_popescu: decimation i don't get why bureaucrats shouldn't kowtow.

22:10:23 decimation: asciilifeform: re: tax authorities << http://www.govexec.com/defense/2014/07/millions-tax-debt-wont-stop-you-qualifying-pentagon-security-clearance/89831/

22:10:24 assbot: Millions in Tax Debt Wont Stop You from Qualifying for a Pentagon Security Clearance - Defense - GovExec.com

22:11:19 asciilifeform: millions - won't. thousands - will.

22:12:07 decimation: well, I suspect the 'right people' (ie friends and family of the SES crowd) meet the criteria

22:12:48 decimation: mircea_popescu: well it is likely the case that the goldman people are the 'betters' of the usg employees in many ways

22:13:35 mircea_popescu: at least the fraction thereof that didn't start life by working for the fed.

22:13:49 mircea_popescu: or w/e, "in an ideal world".

22:14:14 decimation: generally those that 'start in the fed' are going to be given 'make-work' jobs anyway, because it is known that their use was delivering usg decisions, not having skills

22:14:48 mircea_popescu: hm.

22:14:55 mircea_popescu: not really as clear cut i dun thin

22:15:48 asciilifeform: how much does that particular bureaucracy actually make decisions, in whatever sense, and how much just provides 'institutionalizing spraypaint' for decisions made by actual human somewhere in the loop ?

22:18:16 decimation: asciilifeform: I suspect mainly the latter is the case

22:19:31 asciilifeform: ;;google this sucker could go down

22:19:31 gribble: Bush On Economy: "This Sucker Could Go Down" - Business Insider: http://www.businessinsider.com/2008/9/bush-on-economy-this-sucker-could-go-down-; Talks Implode During a Day of Chaos; Fate of Bailout Plan Remains ...: http://www.nytimes.com/2008/09/26/business/26bailout.html?pagewanted=all; Warren Buffett: I Have Greater Appreciation of Pres. Bush's Handling ...: (1 more message)

22:21:19 decimation: asciilifeform: in the beginning the 'boss' says this about his tenure on the staff of Tim Geithner during the 2008 'crisis':"

22:21:20 decimation: Mike Silva: And when I realized that nobody had any idea how to respond to that, I went into the bathroom and threw up. Because I realized this is it, it’s just this small group of people, and right now at this moment we have no clue. I never want to get close to that moment again"

22:23:31 mircea_popescu: lol that moment never left.

22:23:34 assbot: [MPEX] [S.MPOE] 7400 @ 0.00074428 = 5.5077 BTC [-] {2}

22:23:47 mircea_popescu: osama took care of the people that could have sorted it out, back in 2001.

22:35:48 penguirker: New blog post: http://qntra.net/2014/10/bank-of-portugal-concerned-about-bitcoin-atm-launch/

22:37:31 kakobrekla: ;;bc,stats

22:37:33 gribble: Current Blocks: 323851 | Current Difficulty: 3.466142592397694E10 | Next Difficulty At Block: 324575 | Next Difficulty In: 724 blocks | Next Difficulty In About: 4 days, 20 hours, 37 minutes, and 2 seconds | Next Difficulty Estimate: 34362802496.0 | Estimated Percent Change: -0.86154

22:48:30 xanthyos: karlpilkington: there is no universe, only galactic corporations

22:48:52 xanthyos: physicist dr michio kakobrekla

22:50:24 kakobrekla: that guy is what you get if you mix arthur c clarke and oprah

22:51:01 assbot: [MPEX] [S.MPOE] 13050 @ 0.00074819 = 9.7639 BTC [+]

23:02:09 bounce: so instead of electing two people essentially on how much money they spend on campaigning then have them wheel in an administration full of cronies and toadies and campaigners and contributors and whoever else they could drag out of their regular watering holes, how about... picking a bunch of randoms out of a big pile of candidates and telling them to sort it out on pain of... oh, a suitably large bond put up, up front?

23:18:28 assbot: [HAVELOCK] [AM1] 7 @ 0.13427073 = 0.9399 BTC [+] {3}

23:31:41 assbot: [MPEX] [S.MPOE] 2623 @ 0.00074908 = 1.9648 BTC [+]

23:53:02 assbot: [MPEX] [S.MPOE] 25800 @ 0.00074847 = 19.3105 BTC [-]