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Transcript for 07-02-2014, 2788 lines:

00:00:01 assbot: [HAVELOCK] [MS] 300 @ 0.005 = 1.5 BTC

00:03:04 assbot: [HAVELOCK] [B.SELL] 5 @ 0.129 = 0.645 BTC [+]

00:07:42 herbijudlestoids: hullos

00:10:35 ThickAsThieves: hi

00:12:14 herbijudlestoids: woah nelly!

00:14:15 assbot: [HAVELOCK] [PETA] 10 @ 0.04837803 = 0.4838 BTC [-]

00:14:48 herbijudlestoids: http://imgur.com/ywEtbit,t5FOySy,fGcgGH1,eSixHLf distribution, vols, volume, DPO

00:14:49 ozbot: imgur: the simple image sharer

00:14:56 herbijudlestoids: hectic..what happened to MPOE

00:15:18 KRS-One: Pussy Riot was on Colbert Report today

00:15:38 KRS-One: something sexy about the cryllic language spoken by young hot womens.

00:15:41 KRS-One: .bait

00:15:42 ozbot: http://24.media.tumblr.com/tumblr_me7d310VZ81ql928yo1_500.png

00:17:17 herbijudlestoids: was there a dividend payout or something?

00:17:21 pankkake: http://beta.slashdot.org/story/197851

00:17:23 ozbot: Wozniak To Apple: Consider Building an Android Phone - Slashdot

00:18:18 Duffer1: still wouldn't buy it

00:19:14 ThickAsThieves: Wozniak To Apple: Aren't You Glad I'm Not Your Boss?

00:19:20 assbot: [MPEX] [S.MPOE] 13700 @ 0.0008678 = 11.8889 BTC [-] {2}

00:19:46 pankkake: .bait quality bait lately

00:19:48 ozbot: http://31.media.tumblr.com/tumblr_mefeijiE8y1ra0mryo1_500.jpg

00:19:55 pankkake: :(

00:19:58 ThickAsThieves: jinxed it

00:21:22 assbot: [HAVELOCK] [PETA] 5 @ 0.04837802 = 0.2419 BTC [-]

00:33:41 herbijudlestoids: so KRS-One did bitfinex come good last night? or still busted?

00:34:00 ThickAsThieves: some lols:

00:34:07 ThickAsThieves: This https://bitcointalk.org/index.php?topic=451897.msg4981819#msg4981819 and

00:34:16 ThickAsThieves: https://bitcointalk.org/index.php?topic=451897.msg4985587#msg4985587

00:34:18 ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions

00:36:37 assbot: [MPEX] [S.MPOE] 12500 @ 0.00086813 = 10.8516 BTC [+]

00:40:28 herbijudlestoids: ThickAsThieves: lel

00:43:39 punkman1: "There iz only one good substitute for the endearments ov a sister, and that iz the endearments ov sum other pheller's sister."

00:43:49 punkman1: .bait

00:43:51 ozbot: http://24.media.tumblr.com/4ef65f4b99ad049395011dcd2f0a16a9/tumblr_min8n9s0uN1rbc3jyo1_500.jpg

00:52:53 assbot: [MPEX] [S.MPOE] 2000 @ 0.00086705 = 1.7341 BTC [-]

00:54:55 assbot: [HAVELOCK] [NEOBEE] 1350 @ 0.00311923 = 4.211 BTC [+] {13}

00:55:01 benkay: if you're upset about apple not allowing bitcoins on the iphone, you understand neither apple's business models nor bitcoin.

00:55:56 assbot: [HAVELOCK] [NEOBEE] 1000 @ 0.00312349 = 3.1235 BTC [+] {2}

00:57:53 wao-ender: price rush

00:58:03 wao-ender: .bait

00:58:05 ozbot: http://24.media.tumblr.com/4f372e02b4a81a3a23c1a0df6b2ea957/tumblr_miqpsg71IJ1r8825ko1_500.jpg

00:58:34 wao-ender: ThickAsThieves: lol

01:00:00 assbot: [MPEX] [S.MPOE] 15050 @ 0.00086813 = 13.0654 BTC [+]

01:05:52 pankkake: nice tittoo

01:11:14 nubbins`: https://bitcointalk.org/index.php?topic=451897.msg4986222#msg4986222

01:11:16 ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions

01:11:29 benkay: dumb and dumberer.

01:12:04 nubbins`: with updated graph

01:12:17 benkay: nubbins`: http://log.bitcoin-assets.com/?date=07-02-2014#486092

01:12:39 nubbins`: benkay, +1

01:20:03 sypher_: hi all

01:20:23 Duffer1: hello sir

01:21:22 benkay: good evening

01:23:23 assbot: [MPEX] [S.MPOE] 25800 @ 0.00086813 = 22.3978 BTC [+]

01:24:05 sypher_: any hindsight on whats happening now?

01:24:13 benkay: ;;ticker --market btcavg

01:24:14 gribble: BitcoinAverage BTCUSD ticker | Best bid: 771.23, Best ask: 773.38, Bid-ask spread: 2.15000, Last trade: 772.88, 24 hour volume: 56992.51, 24 hour low: None, 24 hour high: None, 24 hour vwap: 798.18

01:24:24 benkay: gox is falling apart and everyone's trying to cover?

01:24:35 sypher_: aight.

01:24:44 benkay: dunno man ask a speculator

01:24:58 sypher_: was looking at the gox graph of cleared transactions, few minutes ago they started clearing them in bulk ...

01:25:02 sypher_: or pretending to do so.

01:25:22 benkay: how would they go about pretending to clear them?

01:26:00 sypher_: graph data is coming off their servers afaik.

01:28:32 herbijudlestoids: sypher_: got a link to the graph?

01:28:44 sypher_: http://coinsight.org/mtgox.html

01:28:45 ozbot: Mt.Gox Withdrawals - Coinsight.org

01:30:45 benkay: dat average withdrawal size lol


01:32:32 assbot: [MPEX] [S.MPOE] 14170 @ 0.00086705 = 12.2861 BTC [-]

01:33:32 herbijudlestoids: sypher_: thoughts?

01:33:33 assbot: [HAVELOCK] [CBTC] 7386 @ 0.00012998 = 0.96 BTC [+] {4}

01:33:41 herbijudlestoids: to me it looks like they have been clearing the smaller transactions

01:33:48 herbijudlestoids: that is why the avg withdrawal transaction amount is going down

01:34:24 sypher_: herbijudlestoids, i'm just a noob so i may have completely wrong thoughts.

01:35:05 sypher_: I'm thinking that big ones are playing to make it go down so they can buy in cheaper, having it rebound later

01:35:38 herbijudlestoids: well they can already buy it on bitstamp or other exchanges for significantly cheaper than the mtgox price

01:36:01 sypher_: not talking mtgox

01:36:14 sypher_: looking at btce and bitstamp

01:36:33 herbijudlestoids: err no, i meant opinions on the withdrawal transactoins...nevermind

01:36:42 sypher_: sorry, told you, noobish.

01:36:43 sypher_: :)

01:37:19 sypher_: was just here to try and understand that pattern there ;)

01:37:32 herbijudlestoids: which pattern where

01:38:14 sypher_: btce, big sell orders that aren't getting fulfilled, seems to me that many are panic selling under those and thats driving it down quite a bit

01:39:11 sypher_: then the big sell order gets cancelled and put at a lower price, but not getting fulfilled... doing like that since 165 earlier.

01:39:23 sypher_: 765 sorry.

01:39:43 herbijudlestoids: ignore the orders in the book

01:39:48 herbijudlestoids: real volume hits the market directly

01:39:52 nubbins`: fun fact, if you have btc or usd in mtgox, you're part of the problem! :D

01:40:22 sypher_: glad i don't have them then :-) just bought in at 162 on btce, now I'm in almost panic selling mode. :D

01:41:34 herbijudlestoids: sypher_: my guess is its much simpler and that the price on the shitty exchanges is going down to match the price on the good exchanges

01:41:41 assbot: [HAVELOCK] [CBTC] 3500 @ 0.00013001 = 0.455 BTC [+]

01:41:51 sypher_: herbijudlestoids, name a couple good exchanges?

01:42:01 nubbins`: ^ trick question

01:42:09 sypher_: lol, why is that nubbins` ?

01:42:20 nubbins`: obvious answer is correct one ;D

01:42:27 sypher_: haha. :)

01:42:30 herbijudlestoids: the ones clearing transactions successfully, at high volume and with no regulatory issues

01:42:51 herbijudlestoids: check the bid/ask spread to see which has the narrowest and most liquid spread

01:43:02 sypher_: seems like naming them is out of the etiquette here, sorry for the question, didn't know

01:43:03 sypher_: will do

01:43:12 nubbins`: i kid

01:43:17 herbijudlestoids: its not out of etiquette, i dunno for sure so im not gonna name a name

01:43:19 Duffer1: the point was there aren't any to name hehe

01:43:21 nubbins`: implication is that there aren't good exchanges, just varying degrees of shitty

01:43:46 herbijudlestoids: like i said, you can verify quantitatively by analysis of the bdi/ask spread

01:44:13 sypher_: ah, got you guys, thanks for the hand holding

01:45:03 herbijudlestoids: on mtgox right now the spread is $5, bitfinex $0 bitstamp $2, btc $1 and icbit $4

01:45:21 herbijudlestoids: so i would just discard mtgox and icbit for analysis, concentrate on the liquidity of the spread for bitfinex and bitstamp

01:45:41 herbijudlestoids: err s/btc/btce

01:45:45 sypher_: why excluding btce?

01:46:02 sypher_: i mean, why only bitfinex and bistamp, not btce?

01:46:10 herbijudlestoids: ^

01:46:24 herbijudlestoids: i did include btce sorry, there was a typo

01:46:35 herbijudlestoids: use yer brain

01:46:54 sypher_: ;) i meant on the one that you would concentrate ;)

01:47:40 herbijudlestoids: use your brain, interpret what im saying. dont let a typo trip you up

01:47:56 sypher_: aight :)

01:53:41 herbijudlestoids: i feel like the space left by http://casascius.com/ and coldcoins is an interesting space

01:54:20 herbijudlestoids: any thoughts on what it might take to do it right?

01:55:00 Duffer1: don't live in the US?

01:55:05 sypher_: lol

01:55:17 herbijudlestoids: i dont

01:55:51 Duffer1: comply with your local money transmitter laws and you're probably ok

01:56:39 herbijudlestoids: so, sell on darkmarkets instead? lol

01:57:16 punkman1: why do you think physical coins are interesting?

01:57:32 herbijudlestoids: not so much physical coins as metal (i.e. fireproof) cold storage

01:58:07 herbijudlestoids: i think its interesting because its a necessary dimension for all who might want to save bitcoins securely for a long duration

01:58:33 punkman1: I don't see the advantage

01:58:33 herbijudlestoids: where is mircea_popescu when you need him

01:58:56 herbijudlestoids: punkman1: advantage over...a USB key?

01:59:07 sypher_: herbijudlestoids, wouldn't it just be simpler to print it yourself instead of a metal trinket with an embedded key somewhere?

01:59:10 punkman1: sure

01:59:20 herbijudlestoids: sypher_: if you print it, ink fades, paper burns, etc

01:59:39 herbijudlestoids: punkman1: well lets say i put 1,000 BTC into a USB key and encrypt it securely etc and then my house burns down

01:59:56 punkman1: why would you not have a backup of that?

02:00:08 Duffer1: casc coins don't solve that herb hehe

02:00:19 sypher_: herbijudlestoids, chroma life 100years, printed on photographic paper; USB key with a backup in a bank safety box

02:00:24 herbijudlestoids: Duffer1: les casc and more cold in that use case

02:00:32 Duffer1: mill out a qr code on aluminum would do nicely

02:01:25 sypher_: but i do like the idea of metal coins; if only, as 'ego' items ...

02:01:28 punkman1: herbijudlestoids: I think it's a solution looking for a problem

02:02:03 sypher_: i also dig the usb - bit coin enabled key on almost human tv series :-)

02:02:28 herbijudlestoids: punkman1: appreciate the opinion :)

02:02:35 herbijudlestoids: its well out of my realm of understanding

02:03:23 punkman1: it's pretty much the same as backing up any other piece of data

02:03:37 punkman1: if your house burns down, you got fetch it from the offsite backup

02:03:38 herbijudlestoids: i guess i get what youre saying, that having the wallet files stored in multiple locations securely is probly as good as a cold storage device itself

02:04:10 punkman1: wallet file, long brainwallet key, whatever

02:04:14 herbijudlestoids: yea

02:09:33 sypher_: and I'm back in fiat.

02:11:10 assbot: [MPEX] [S.MPOE] 8873 @ 0.00086703 = 7.6932 BTC [-] {2}

02:15:14 assbot: [HAVELOCK] [NEOBEE] 94 @ 0.00313499 = 0.2947 BTC [-]

02:21:13 nubbins`: herbijudlestoids: an embossed labelmaker with some aluminum ribbon, say

02:30:49 herbijudlestoids: nubbins`: why not, for example, laser engraving direct to steel?

02:31:04 asciilifeform: simple recipe:

02:31:07 asciilifeform: etch a circuit board

02:31:08 nubbins`: sure, bit of a higher barrier to entry.

02:31:14 nubbins`: i don't have a laser

02:31:14 asciilifeform: about $50 in supplies

02:31:30 assbot: [MPEX] [S.MPOE] 7000 @ 0.00086813 = 6.0769 BTC [+]

02:31:43 asciilifeform: fiberglass will last centuries, copper might corrode but will still be readable.

02:31:48 asciilifeform: (gold plate it if you want to be sure.)

02:31:57 nubbins`: don't you need caustic chemicals for that?

02:32:01 herbijudlestoids: but how does it handle in a fire asciilifeform? :D

02:32:01 asciilifeform: nope

02:32:12 asciilifeform: handles great in fire.

02:32:21 asciilifeform: will look very ugly but keep its shape.

02:32:22 nubbins`: hm, i'm obviously not up to speed

02:32:25 herbijudlestoids: hmmm, i havent etched a board since i was in high school

02:32:31 assbot: [HAVELOCK] [MS] 27 @ 0.005 = 0.135 BTC

02:32:32 asciilifeform: ferric chloride will do

02:32:54 nubbins`: wait, you said no corrosive chems!

02:33:58 asciilifeform: corrosive to copper, that's it

02:34:22 nubbins`: not manflesh?

02:34:28 asciilifeform: not particularly.

02:34:30 asciilifeform: don't eat it.

02:34:49 nubbins`: interesting

02:44:33 pankkake: http://www.cryptocoinsnews.com/2014/02/07/apple-approves-dogecoin-wallet-app-ios/

02:45:06 ThickAsThieves: lol

02:45:07 sypher_: http://rt.com/business/bitcoin-russia-use-ban-942/

02:45:30 ThickAsThieves: read-only

02:46:12 sypher_: russia seems gone >_>

02:46:25 nubbins`: mydoge on ios

02:46:27 nubbins`: ah, my sides

02:46:36 nubbins`: smash all the things!

02:46:42 asciilifeform: meanwhile, http://rt.com/usa/us-postal-service-bitcoin-780/

02:47:14 nubbins`: ^ read that, actually not bad

02:47:26 nubbins`: canada post already sells numismatic coins from the mint

02:47:55 nubbins`: and postal money orders, of course

02:47:59 nubbins`: so it's not a huge leap

02:48:32 sypher_: was reading about the USPS but its just a few talks atm, even the article itself is cautious

02:50:09 nubbins`: nod

02:50:13 nubbins`: high-level meeting

02:53:07 KRS-One: such wow. much credibility.

02:53:08 KRS-One: http://rt.com/usa/us-postal-service-bitcoin-780/

02:53:30 nubbins`: KRS-One, scroll up nine lines.

02:57:56 assbot: [MPEX] [S.MPOE] 4882 @ 0.00086813 = 4.2382 BTC [+]

03:03:01 assbot: [HAVELOCK] [MS] 21 @ 0.005 = 0.105 BTC {2}

03:05:27 nubbins`: http://silvergoldbull.com/silver/1-oz-2014-bitcon-silver-round

03:05:28 ozbot: Silver Gold Bull - 1 oz 2014 BitCON Silver Round - Silver

03:05:28 nubbins`: heh

03:05:48 nubbins`: another lame round from Silver Beatoff Silver Shit

03:08:14 sypher_: uff, when's it gonna stop falling ... i wanna go to sleep! ... >_>

03:09:38 herbijudlestoids: sypher_: what kind of games are you playing that youre losing sleep over the movement

03:10:37 sypher_: nothing, just excited to see the troll box on BTCe with all the boys shouting ... i just wanna buy back in when its gonna stop fallin; exited at a loss some time ago.

03:11:43 herbijudlestoids: what price did you want to buy at?

03:12:21 sypher_: 722 would be my target

03:13:46 herbijudlestoids: why not do a options spread on MPex? short the 722 puts

03:14:00 herbijudlestoids: and long whatever appropriately derisks you

03:14:11 herbijudlestoids: price goes to 722 and you get exercised, if not collect premium

03:14:12 assbot: [MPEX] [S.MPOE] 9800 @ 0.00086838 = 8.5101 BTC [+] {2}

03:16:06 sypher_: you're way over my understanding grade. I'm at the 'buy low; sell high' phase; which i could translate in 'i'm an idiot'. :-)

03:17:44 herbijudlestoids: options give you the right but not the obligation to long/short the underlying asset at a given strike price and date ...e.g the option to long BTCUSD at 1000 regardless of the price as of Jan 2014

03:18:16 assbot: [MPEX] [S.MPOE] 7400 @ 0.00086849 = 6.4268 BTC [+]

03:18:18 herbijudlestoids: option to long is a call, option to short is a put. if you sell a put, youre selling the right for someone to short at a given price

03:18:51 herbijudlestoids: so you sell someone the contract which gives them the right to short BTCUSD at 722. they will never exercise this contract unless the price is <= 722

03:19:09 KRS-One: heh thanks nubbins`

03:19:15 nubbins`: :D

03:19:21 KRS-One: oops

03:19:23 herbijudlestoids: if the contract expires or the price doesnt go below 722, you get to keep the "premium", the cost of the contract you sold

03:19:41 herbijudlestoids: if it does, then they exercise and short BTCUSD at 722, leaving you long BTCUSD at 722

03:20:41 herbijudlestoids: i dun know if MPEX supports naked short the contracts, looks like they only allow you to do what they call a SPLIT order, otherwise known as an options spread, so you short the 722 puts and long some distant strike call, like 1000 calls.

03:21:18 nubbins`: sorry for the stupid question, but i'm exceptionally thick with this sort of thing

03:21:26 nubbins`: that orgy of puts that was purchased the other day

03:21:42 nubbins`: purchaser is expecting btc to fall below ~500 or whatever it was?

03:22:15 herbijudlestoids: its impossible to tell really

03:22:25 herbijudlestoids: they could be insuring long contracts on another exchange or other options

03:22:46 herbijudlestoids: maybe they hold 1000BTC on bitstamp and want to insure against the price going below 500

03:22:49 nubbins`: slightly different question, purchaser profits if btc falls below 500?

03:23:07 herbijudlestoids: depends entirely on implied vol

03:23:09 nubbins`: just based on those actions

03:23:35 herbijudlestoids: if the price goes to 500 but IV when puts were purchased was at 50% and goes down to 20% then the puts might still be worthless

03:23:51 benkay: herbijudlestoids: no naked shorts on MPEx.

03:24:00 herbijudlestoids: value of option includes delta, theta, vega etc

03:24:16 sypher_: herbijudlestoids, thanks for the explanation, I'm trying to get my head around it

03:25:08 herbijudlestoids: nubbins`: buying puts tends to be more of a call on IV than anything else...term structure also plays a part in profit, take a look at the NYSE listed VXX ETF versus VIX for an example of what term structure being in contango can do to a rolling IV long

03:25:19 dexX7: huh wasn't it the other way around aka. this guy sold puts?

03:25:29 herbijudlestoids: well, someone obviously sold the puts to the buyer

03:25:30 nubbins`: D:

03:25:50 herbijudlestoids: if there is no naked puts then they must have been written against something

03:25:50 dexX7: the guyer was mpex/oe?

03:26:25 herbijudlestoids: i doubt its possible to know

03:26:30 nubbins`: afaik mpoe uses bond deposits to back options

03:27:00 nubbins`: although i'm barely at the level of understanding what i just said

03:27:15 herbijudlestoids: no i think youre correct, but i dont know anything about it specifically

03:27:16 dexX7: http://log.bitcoin-assets.com/?date=04-02-2014#479337

03:27:20 ozbot: #bitcoin-assets log

03:27:40 herbijudlestoids: yea

03:28:33 dexX7: soo.. if i understand correctly, when the price goes up, this guy wins, right?

03:28:41 dexX7: just to be sure hehe

03:29:14 nubbins`: no idea anymore

03:29:22 herbijudlestoids: so the trader is shorting BTCUSD 500 puts

03:29:52 herbijudlestoids: the trade is a bet on IV being high and leveling off or going down, and that they wont get exercised (i.e. the price wont go below 500)

03:30:42 herbijudlestoids: if BTCUSD goes to 1200 in 1s then IV will go up and the value of the puts will increase commensurately...when puts are fare OTM (out of the money) then their intrinsic value is mostly comprised of IV

03:31:18 herbijudlestoids: if BTCUSD stays at 750 for 2 weeks without budging and IV goes down then the value of the puts goes down and whoever short them profits

03:31:31 herbijudlestoids: IV==implied volatility

03:31:52 herbijudlestoids: am i making sense?

03:32:05 herbijudlestoids: the value of the option isnt dependent just on price

03:32:09 nubbins`: you're talking about a foot above my head here, but the failing is mine, not yours

03:33:01 sypher_: nubbins`, think about how i feel; knowing that you're a whole 2 legs over my head. :-)

03:33:20 nubbins`: i'm a tall man :D

03:33:46 herbijudlestoids: there is no set in stone method to calculate the value of an option. there is the black scholes model which has its proponents and detractors. regardless of which model you use, there is a bunch of standard inputs called the greeks

03:33:55 nubbins`: sure

03:34:28 herbijudlestoids: delta, vega, theta, rho

03:34:46 herbijudlestoids: there is also some others like lambda and gamma, depending on your model

03:35:08 herbijudlestoids: now aside from all of this, there is the current market price that the options are worth

03:35:21 herbijudlestoids: lets stick with the example of a JAN 2015 $2000 BTCUSD CALL

03:35:23 nubbins`: okay

03:35:53 herbijudlestoids: the market price of the options "imply" what the market is considering the value of those greeks will be at settlement

03:36:31 nubbins`: the greeks are seismographs, for lack of a better analogy, correct?

03:36:32 herbijudlestoids: does that make sense? the market price of any given option might be very far away from what your model reckons it should be

03:36:34 assbot: [MPEX] [S.MPOE] 10050 @ 0.00086849 = 8.7283 BTC [+]

03:36:56 nubbins`: yes, sure

03:36:58 herbijudlestoids: so the market is implying, forecasting, trying to get the best price for what they think the options are worth

03:37:19 herbijudlestoids: the forecast isnt just for where the price of BTCUSD will be relativeto $2000 in a years time

03:37:33 herbijudlestoids: its also forecasting vega, delta etc

03:37:48 herbijudlestoids: some of the greeks are numeric values that you can simply calculate, like theta, which is the time value of the option.

03:38:13 herbijudlestoids: depending how far ITM/OTM (in the money or out of the money) the option is depends on what the market price of the option actually consists of

03:38:52 herbijudlestoids: for example, if the option is far OTM (e.g. the price of BTCUSD is $1 and the call is for $2000) then the value of the option will consist mostly of vega and theta (which is decaying as time goes on)

03:39:10 nubbins`: is it fair to say that the price of a given option indicates not only an expectation of price, but of volatility?

03:39:23 herbijudlestoids: like i said, depends how far ITM/OTM

03:39:33 benkay: yes. that is a core valuation principle.

03:39:42 benkay: sometimes a heavier factor than other times.

03:40:14 herbijudlestoids: now options have some synthetic equivalency

03:40:37 sypher_: uhm.

03:41:06 sypher_: herbijudlestoids, nubbins`, got an account at gox?

03:41:07 herbijudlestoids: i.e. shorting a $2000 call has the same/similar payoff profile (at settlement) to long $2000 put

03:41:11 herbijudlestoids: sypher_: no

03:41:16 herbijudlestoids: i own 0.02BTC

03:41:31 sypher_: there's a kinda bad news I'm reading on the troll box

03:41:37 herbijudlestoids: pastebin it

03:41:41 sypher_: gox hacked

03:41:46 herbijudlestoids: pastebin!

03:41:47 sypher_: https://twitter.com/revishere/status/431604103769104384

03:42:11 copumpkin: isn't that hte old one?

03:42:35 ozbot: Twitter / revishere: RT @deletesec: @MtGox ...

03:42:44 nubbins`: that tweet is from yesterday

03:43:06 nubbins`: and to answer your question, no, i don't have an account at gox

03:43:26 copumpkin: the tweet might be

03:43:30 copumpkin: but is the list ancient?

03:43:47 dexX7: it's the old one from 2011

03:43:50 dexX7: matches one to one

03:43:50 copumpkin: yeah

03:44:09 sypher_: then fake >_>

03:44:38 dexX7: yup fake. https://bitcointalk.org/index.php?topic=94308.0 if you want to compare the lists

03:44:39 herbijudlestoids: nubbins`: need more or make sense now?

03:45:01 nubbins`: herbijudlestoids, that clarifies things a bit, but i think what i really need is to visit the library

03:45:48 herbijudlestoids: nubbins`: there is this awesome blogger bill luby, he does vixandmore.blogspot.com ...hardcore options geekery explained for the masses.

03:45:57 herbijudlestoids: mostly for regular markets but its all the same maths

03:46:11 nubbins`: ah, like the Scientific American of finance

03:47:10 herbijudlestoids: i actually got a kickass long vol model for NYSE index ETFs, probly wouldnt work on MPex

03:47:55 mike_c: nubbins, options are entirely about volatility. option pricing is "known", with volatility being the only variable in the equation.

03:48:07 herbijudlestoids: nubbins`: one last point is that you can build positions that are much more dependent on IV than price, for example if i buy a call and buy a put for the same strike and expiry

03:48:54 herbijudlestoids: mike_c: err, well the underlying price isnt known :P

03:49:10 mike_c: strike price is known, spot price is known

03:49:16 mike_c: IV is the only variable

03:52:07 herbijudlestoids: lemme know how your IV only model works if MPBOR decides to move or whatever

03:53:28 mike_c: :) are you saying mpbor is a risk-free interest rate?

03:54:29 herbijudlestoids: well in the case of MPex options are you saying there is no rho?

03:54:52 herbijudlestoids: is the market so locally inefficient that price forecasting ability plays no role in alpha generation?

03:54:55 herbijudlestoids: i doubt

03:55:10 benkay: lol mpbonds risk free

03:56:10 nubbins`: ^

03:57:38 mike_c: sry herb, yes. i am saying rho=0

03:59:20 herbijudlestoids: well in that case ok

04:05:02 assbot: [MPEX] [S.MPOE] 6700 @ 0.00086849 = 5.8189 BTC [+]

04:06:03 assbot: [HAVELOCK] [AM1] 2 @ 0.496 = 0.992 BTC [-] {2}

04:07:04 assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [+]

04:11:32 nubbins`: ;;seen thestringpuller

04:11:33 gribble: thestringpuller was last seen in #bitcoin-assets 1 week, 3 days, 8 hours, 1 minute, and 56 seconds ago: <thestringpuller> ;;ticker

04:25:22 assbot: [MPEX] [S.MPOE] 5294 @ 0.00086763 = 4.5932 BTC [-]

04:29:22 mod6: $vwap ^OIX

04:29:23 mpexbot: mod6: ^OIX 1 day: no data 7 day: average: 106.61730011 high: 106.48204971 low: 122.22370491 volume: 1556 btc: 33.85537371 30 day: no data

04:32:29 assbot: [HAVELOCK] [NEOBEE] 62 @ 0.003135 = 0.1944 BTC [+]

04:49:46 assbot: [MPEX] [S.MPOE] 8880 @ 0.00086849 = 7.7122 BTC [+]

05:05:01 assbot: [MPEX] [S.MPOE] 4705 @ 0.00086763 = 4.0822 BTC [-]

05:07:02 benkay: do you know what's a horrible protocol? the bitcoin network protocol. that's a horrible protocol.

05:07:32 benkay: leastaways horribly specified on the wiki

05:07:33 benkay: maybe i better dig into the satoshi emails or something.

05:26:22 assbot: [MPEX] [S.MPOE] 17535 @ 0.0008696 = 15.2484 BTC [+] {2}

05:28:24 assbot: [HAVELOCK] [MS] 260 @ 0.005 = 1.3 BTC

05:43:36 herbijudlestoids: yey

05:45:14 guest_____: !help

05:45:14 assbot: List of commands:

05:45:15 assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}

05:45:16 assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}

05:45:17 assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)

05:45:18 assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}

05:45:19 assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}

05:45:20 assbot: !jd (desc: returns relevant stats from https://just-dice.com)

05:45:21 assbot: !bash <lines> (desc: bashes last <lines> lines to bash) {short: !b}

05:45:22 assbot: !quote <lines> (desc: quotes last <lines> lines and returns dpaste url) {short: !q}

05:49:53 herbijudlestoids: http://www.zerohedge.com/news/2014-02-06/high-frequency-bitcoins-hft-firms-now-accepting-btc-payment

05:49:55 ozbot: High Frequency Bitcoins: HFT Firms Now Accepting BTC Payment | Zero Hedge

05:50:17 herbijudlestoids: GoCoin is racking up a lot of wins recently it seems

05:52:48 assbot: [HAVELOCK] [PETA] 10 @ 0.04999991 = 0.5 BTC [+] {2}

05:53:49 assbot: [MPEX] [S.MPOE] 5400 @ 0.00086763 = 4.6852 BTC [-]

05:54:59 Chaaang-Noi: these fucking alts are everywhere

05:55:19 Chaaang-Noi: i assume gocoin is an alt... if so kill it with fire

05:58:31 Namworld: hey chaaang, long time no see

05:59:18 Chaaang-Noi: hi:)

05:59:20 Chaaang-Noi: been busy

05:59:49 Chaaang-Noi: you have bitvps right?

06:05:46 herbijudlestoids: gocoin appears to be a payment processor competing against bitpay

06:06:31 Chaaang-Noi: ok

06:06:44 Chaaang-Noi: i like bitpay but im glad there are other options

06:07:53 herbijudlestoids: i had never heard of it, but in the last few days iv seen articles about them landing some high profile sounding clients

06:08:25 Chaaang-Noi: cool

06:09:04 assbot: [HAVELOCK] [NEOBEE] 69 @ 0.003138 = 0.2165 BTC [+]

06:11:06 assbot: [MPEX] [S.MPOE] 9050 @ 0.00086771 = 7.8528 BTC [+]

06:15:14 mircea_popescu: herbijudlestoids if only press mattered, all these doge/maxkeiser/go/blablacoins would be oh so important.

06:16:54 Chaaang-Noi: go does not seem to be an alt

06:17:25 Chaaang-Noi: https://www.gocoin.com/

06:17:26 ozbot: GoCoin Payment Platform - Litecoin and Bitcoin Payment Processing for Merchants

06:17:29 Chaaang-Noi: they take btc and ltc

06:17:45 Chaaang-Noi: its like bitpay, i assumed an alt at first as well

06:19:39 mircea_popescu: whoa look at that, btc dropped /

06:20:01 mircea_popescu: kakobrekla http://bitbet.us/bet/714/bitcoin-will-top-1200-before-going-under-800/#c2438 << css hacked!!1

06:20:46 Chaaang-Noi: im shocked it took this long to correct

06:20:57 Chaaang-Noi: question is, where is the low

06:21:51 Chaaang-Noi: never thought id buy more crypto but if we get low enough

06:23:18 assbot: [MPEX] [S.MPOE] 7300 @ 0.00086744 = 6.3323 BTC [-] {2}

06:31:26 assbot: [MPEX] [S.MPOE] 7770 @ 0.00086717 = 6.7379 BTC [-] {2}

06:34:54 herbijudlestoids: mircea_popescu: err

06:35:24 herbijudlestoids: its a payment processor that just landed a HFT hedge fund

06:35:31 Namworld_AFK: No, I don't. I worked at BitVPS for a while tho

06:35:49 mircea_popescu: herbijudlestoids gocoin is not an altcoin ?

06:35:58 herbijudlestoids: mircea_popescu: see the zerohedge link above pls

06:36:34 mircea_popescu: i;ll take your word for it.

06:36:57 herbijudlestoids: its not zh content, repaste from FT, i used the zh link cos most people dont have a FT account

06:37:32 Namworld: I own BitcoinPride tho

06:37:49 herbijudlestoids: anyway, going for a long walk... if youre around when i get back i wouldnt mind askin you about the huge volatility spike on MPOE

06:38:02 mircea_popescu: prolly not as it's late, but tomorrow or w/e

06:38:25 Chaaang-Noi: namworld_afk who runs that?

06:38:25 herbijudlestoids: nw, thx

06:38:30 mircea_popescu: a look it dropped a little

06:38:34 Chaaang-Noi: mp lol

06:38:40 mircea_popescu: i guess people misunderstanding the large option play.

06:38:56 Chaaang-Noi: you cant be that blind

06:39:02 Namworld: Arij

06:39:20 Chaaang-Noi: i dont know him

06:39:55 Namworld: He's from New York. He manages BitVPS's servers in a colo center in NY.

06:40:21 Chaaang-Noi: he is around the forums or irc?

06:41:16 Namworld: Mostly IRC

06:41:33 Chaaang-Noi: okay, ill track him down, thanks

06:42:46 Namworld: He's in here right now.

06:43:00 Chaaang-Noi: that would be too easy :/

06:43:11 Chaaang-Noi: j/k thanks :)

06:43:47 Namworld: He might be sleeping at this time tho

06:45:40 assbot: [HAVELOCK] [PETA] 7 @ 0.04822486 = 0.3376 BTC [-] {3}

06:46:01 davout: morning

06:46:11 mircea_popescu: heya.

06:46:15 mircea_popescu: !t m x.eur

06:46:15 assbot: [MPEX:X.EUR] 1D: 0.00172845 / 0.00172845 / 0.00172845 (850 shares, 1.47 BTC), 7D: 0.00166806 / 0.00170763 / 0.001773 (4111 shares, 7.02 BTC), 30D: 0.0016245 / 0.00172972 / 0.0019975 (18300 shares, 31.65 BTC)

06:47:13 mircea_popescu: davout how come bitcoincharts doesn't list any data from bc ?

06:53:48 assbot: [MPEX] [FT] [X.EUR] 1200 @ 0.00183028 = 2.1963 BTC [+]

06:53:57 davout: because i haven't bothered to look into it since we relaunched

06:54:35 mircea_popescu: mebbe bug tcatm

06:55:19 davout: no it's on my side

06:55:36 mircea_popescu: ah

06:56:03 davout: we used to have a bitcoin charts dedicated api point, which i haven't re-enabled since we relaunched

06:56:15 davout: because stuff

07:01:58 KRS-One: maaaaaaaaan everybody's buggin about the market prices going down.

07:02:09 Chaaang-Noi: im not

07:02:17 KRS-One: Hey Chaaang-Noi long time

07:02:18 Chaaang-Noi: if it goes low enough ill buy more

07:02:26 Chaaang-Noi: yup, hows it going?

07:02:30 KRS-One: great

07:02:33 Chaaang-Noi: cool

07:02:59 kakobrekla: KRS-One whats with the btc, we are poor again

07:03:22 KRS-One: it will be time to start buying kakobrekla

07:03:31 Chaaang-Noi: $600 btc, poor, hahahah

07:04:40 KRS-One: Like mircea_popescu said a few weeks back there will be lower prices, capitulation and a slow and steady rise to the next bubble again..Seems reasonable.

07:05:28 Chaaang-Noi: yup

07:05:36 Chaaang-Noi: im waiting and ready to buy back in if i need to

07:05:54 mircea_popescu: o, are we poor nao ?

07:06:34 kakobrekla: you cant even buy yesterdays bitcoin with a bitcoin

07:06:36 kakobrekla: pft

07:06:47 Chaaang-Noi: lol

07:07:01 assbot: [MPEX] [S.MPOE] 8038 @ 0.00086771 = 6.9747 BTC [+]

07:07:21 mircea_popescu: yeah i guess so, coupla months ago i had mpoe shares worth 100k each and btc was 1200

07:07:29 mircea_popescu: now they're 87k each and btc is 700

07:08:03 kakobrekla: worthless

07:08:09 KRS-One: dump

07:08:10 KRS-One: =[

07:08:13 mircea_popescu: ;;calc (100*1200 - 87*700) / (87*700)

07:08:14 gribble: 0.970443349754

07:08:24 kakobrekla: so

07:08:24 kakobrekla: https://www.mtgox.com/press_release_20140207.html

07:08:26 ozbot: MtGox - Bitcoin Exchange

07:08:28 kakobrekla: this is the cause of panic ?

07:08:40 koin3d: um no.

07:08:45 KRS-One: its certainly fueling things though

07:08:57 Chaaang-Noi: kako that and the russian news and the apple thing and that we need to go lower anyway

07:09:02 kakobrekla: do fuckin explain then koin3d

07:09:23 kakobrekla: russina news?

07:09:24 koin3d: bitcoins in a bear market since end of november duh?

07:09:33 KRS-One: koin3d: took forever eh

07:09:36 koin3d: last few weeks were trending down on no volume = bad sign

07:10:05 mircea_popescu: bwahahaha static state

07:10:06 KRS-One: My short positions have been making me seek cheaper swap

07:10:07 koin3d: 2-3 sellers unloading positions

07:10:14 mircea_popescu: patrickstaticstateman!

07:10:20 Chaaang-Noi: kako there was some clearification on the laws it was seen as anti btc and really making btc illegal in russia, however it was moistly FUD as it was an old law

07:10:24 koin3d: panic went full blown last 15minutes probably near an end here

07:11:14 koin3d: oversold readings on gox worse now then silkroad

07:12:42 mircea_popescu: https://twitter.com/Mircea_Popescu/status/431686847983403010

07:12:43 ozbot: Twitter / Mircea_Popescu: So fatass Karpeles finally ...

07:14:18 koin3d: so what do mtgox traders do considering both btc and usd are now locked

07:14:37 mircea_popescu: they go read fml.tumbler.com ?

07:15:34 koin3d: im pretty sure most of the volume on gox was karpeles

07:16:20 mircea_popescu: yeah, you're not the only one.

07:17:11 assbot: [HAVELOCK] [AM100] 40 @ 0.0047 = 0.188 BTC [-] {2}

07:17:14 mircea_popescu: been a sort of polichinelle's secret for a while now.

07:17:38 Apocalyptic: mircea_popescu, funny thing is that you called it months ago

07:18:10 mircea_popescu: Apocalyptic what's even funner is that in another coupla weeks everyone will have called it months ago in their own estimation :D

07:18:16 koin3d: called what? that turd was floating for a year

07:18:21 koin3d: its about time it gets flushed

07:18:48 koin3d: karpeles should be in jail instead of shrem

07:19:02 Apocalyptic: no shrem deserved it too

07:19:20 koin3d: why?

07:19:25 mircea_popescu: Apocalyptic yes but it's like one of those math problems. karpeles doens't fit with anyone else :D

07:19:27 Apocalyptic: he was an idiot

07:19:44 koin3d: shrems only idiocity was going around preaching how great the government is

07:19:49 koin3d: then gets fucking owned by them lol

07:20:13 mircea_popescu: not quite, but anyway.

07:20:21 koin3d: yes quite.

07:21:08 koin3d: and shrem never engaged in money laundering

07:21:24 mircea_popescu: what's this, the webchat strong opinions service ?

07:21:27 koin3d: at least not by any US definitions of it

07:21:48 Apocalyptic: koin3d, not quite no

07:22:04 koin3d: shrems also jewish, no jews get jail in NYC

07:22:09 Apocalyptic: he openly talked about how a drug user he was and deals with SR vendors

07:22:10 koin3d: they run the fking place

07:22:25 Apocalyptic: "pround stoner" read some headline

07:22:33 koin3d: apocalyptic: so? half of facebook is proud stoners

07:22:39 Apocalyptic: seriously what the fuck did he expect ?

07:22:45 mircea_popescu: is this guy dimsler ?

07:22:48 koin3d: he was made an example of

07:23:07 Apocalyptic: half of facebook isn't engaged in bitcoin-related activities and skating on thin ice

07:23:24 koin3d: shrems mistake was his big fucking mouth

07:23:33 Apocalyptic: yes, this we can agree upon

07:23:42 Apocalyptic: among other things

07:24:18 assbot: [MPEX] [S.MPOE] 5000 @ 0.00086719 = 4.336 BTC [-] {2}

07:24:29 koin3d: mircea: your mouth is legendary too and i do believe US-romania have extradition treaties

07:24:55 mircea_popescu: dude check it out, it IS dimsler.

07:25:18 mircea_popescu: derpy, here's the thing : you gotta be someone before what you think matters.

07:25:24 mircea_popescu: this doesn't change just because internets.

07:25:36 koin3d: ?

07:29:01 koin3d: that was the bottom

07:29:06 koin3d: and you heard it in real time

07:29:11 mircea_popescu: what "?" ?. your S01067cb21b2a491c.hm.shawcable.net (on which you also run a node, huh ?) comes from caledonia, ontario, canada. dimsler's dhcp-20-aa-4b-fd-a4-ce.cpe.sourcecable.net comes from... wait for it... hamilton. ontario. canada.

07:29:17 mircea_popescu: they're a whopping... 20km apart.

07:29:38 koin3d: eh?

07:29:43 mircea_popescu: so : forget about the jews, about the old timers getting somehow magically wiped off, get used with the idea that i rule btc and so on.

07:29:45 koin3d: the fuck you talking about

07:29:48 mircea_popescu: you'll manage a lot better.

07:29:54 KRS-One: heh

07:30:59 mircea_popescu: anyway, enough fun for one day. see y'all later.

07:31:05 KRS-One: bye

07:31:30 koin3d: mircea you are an old timer.

07:31:56 koin3d: and your mouth and scams are all over the internets

07:32:08 koin3d: fucking gypsy

07:34:41 kakobrekla: mebbe you need to smash your iphone?

07:37:50 kakobrekla: ah, its the bitcoin days destroyed that is scaring people

07:38:29 koin3d: theres been someone persistently selling all night

07:39:57 koin3d: coming up on the 200dma

07:42:36 assbot: [MPEX] [S.MPOE] 36000 @ 0.0008663 = 31.1868 BTC [-] {6}

07:47:27 sypher_: morning

07:47:47 kakobrekla: hi

08:12:05 assbot: [MPEX] [S.MPOE] 700 @ 0.00086978 = 0.6088 BTC [+]

08:15:08 assbot: [MPEX] [S.MPOE] 240 @ 0.00086978 = 0.2087 BTC [+]

08:26:14 KRS-One: kakobrekla: the 400K bitcoin bitcoin days destroyed thing?

08:26:21 kakobrekla: aha

08:27:35 KRS-One: it looks, mysterically doomish in the interwebsnet bit background.

08:29:31 jurov: dat mtgox release... i was irrofl

08:29:32 Namworld: So... MPEx gonna bank massively?

08:29:45 Namworld: With that guy who sold thousands upon thousands of PUTs

08:30:01 Apocalyptic: must have been an insider from gox

08:31:05 Namworld: The guy SOLD puts. Which means MPEx bought them. Which means that insider would be a total loser.

08:31:06 jurov: ;;calc (850-730)/730

08:31:07 gribble: 0.164383561644

08:31:24 jurov: ;;calc 850/730

08:31:24 gribble: 1.16438356164

08:31:50 jurov: about 16% profit for mpex if they exercise now

08:31:53 Apocalyptic: Namworld, was a jokr

08:31:57 Apocalyptic: *joke

08:40:33 assbot: [HAVELOCK] [B.MINE] 10 @ 0.0635 = 0.635 BTC [-]

08:47:09 herbijudlestoids: interesting thing about this decline in BTC

08:47:13 herbijudlestoids: its happening on much lower volume

08:47:17 herbijudlestoids: than previous declines

08:47:19 herbijudlestoids: much much much lower

08:55:20 kakobrekla: hm you work as sys admin?

08:55:49 assbot: [MPEX] [S.MPOE] 12273 @ 0.00086491 = 10.615 BTC [-] {2}

08:56:17 herbijudlestoids: kakobrekla: me? yeah ...lets call it large scale ops but yeah ;)

08:56:48 kakobrekla: ah, i thougt your trading was more profitable than consumer goods can cover

08:56:49 assbot: [MPEX] [S.MPOE] 1950 @ 0.00086484 = 1.6864 BTC [-]

08:56:54 Apocalyptic: wait... you said you were a FX trader

08:57:02 herbijudlestoids: i trade

08:57:03 Apocalyptic: thought that was your primary job heh

08:57:05 herbijudlestoids: made lots of money in 2008 :)

08:57:50 herbijudlestoids: i have a job, its for a small company, we are trying to get it bought by a big company...my role is "director of cloud operations" ..

08:58:23 kakobrekla: yes i understand you have a job now, i just thought that what you said before was true

08:58:26 herbijudlestoids: i also trade, usually EOD with a bankroll i luckily made in 2008 when i had no idea what i was doing

08:59:41 herbijudlestoids: what do you mean? lol i trade, i know prop traders, i have been offered jobs at firms that make markets on the HKSE

09:00:01 Apocalyptic: sounds better than some shitty sysadmin job

09:00:46 herbijudlestoids: the job isnt shitty lol

09:01:04 herbijudlestoids: i cant go into it too much, but we are currently in discussions to be bought by a very well known linux company

09:01:22 herbijudlestoids: i own a chunk of the company aside from my salary

09:01:47 bloctoc: here we go

09:01:54 assbot: [HAVELOCK] [MS] 29 @ 0.005 = 0.145 BTC

09:03:12 herbijudlestoids: Apocalyptic: i work on openstack...large scale iaas cloud. mostly managed by puppet. if you wanna see the kind of thing i do, i actually spoke at the last openstack summit http://www.youtube.com/watch?v=j3r3amkMK7E

09:03:40 Apocalyptic: i'm not into cloud stuff

09:03:45 herbijudlestoids: compared to previous jobs, not shitty ;)

09:05:58 assbot: [MPEX] [S.MPOE] 8511 @ 0.00086484 = 7.3607 BTC [-]

09:10:02 assbot: [HAVELOCK] [AM100] 41 @ 0.00465009 = 0.1907 BTC [-] {3}

09:10:03 assbot: [HAVELOCK] [DEALCO] 68 @ 0.00422557 = 0.2873 BTC [-] {5}

09:11:03 assbot: [HAVELOCK] [DEALCO] 82 @ 0.00409303 = 0.3356 BTC [-] {5}

09:12:04 assbot: [HAVELOCK] [AM100] 33 @ 0.00461853 = 0.1524 BTC [-] {5}

09:12:06 herbijudlestoids: kakobrekla: lol like i said, i thought you were talking about a mac G5, you were suggesting instead of repatriating BTC profits and getting taxed, to buy stuff...remember? so yea...i make more than you can put into consumer goods usefully, but yes, unfortunately i dont make enough to buy a gulfstream 5

09:12:46 kakobrekla: you can be like goat and get a scambo

09:12:50 kakobrekla: err sry i ment labo

09:12:52 kakobrekla: lambo

09:15:37 kakobrekla: anyway the point is there are things in between g5 and g5

09:15:48 kakobrekla: the scale is quite fine

09:17:53 herbijudlestoids: so, what, i make some profits and just buy some more ...stuff?

09:19:07 kakobrekla: lol.

09:19:35 Apocalyptic: kakobrekla, you're a sysadmin too ?

09:19:41 herbijudlestoids: kakobrekla: if i cant repatriate profits its less useful. i have a seperate BTC denominated portfolio i need to manage.

09:19:45 kakobrekla: Apocalyptic lol no

09:20:12 kakobrekla: herbijudlestoids well thats where free advice ends

09:20:25 Apocalyptic: what's your job ?

09:20:35 kakobrekla: i run the matrix

09:21:00 Apocalyptic: sounds legit

09:21:11 herbijudlestoids: kakobrekla: thanks for nothin lol. "trade bit4x at highest cost than your existing cost base, buy stuff with the profits instead of being able to rebalance them"

09:21:13 assbot: [MPEX] [S.MPOE] 6700 @ 0.00086615 = 5.8032 BTC [+]

09:23:09 Apocalyptic: "Martin Kocevar venetfx" doesn't yield any interesting results

09:23:23 kakobrekla: lol who is martin

09:23:25 Apocalyptic: "Martin Kocevar is a product of tlie Penn- sylvania Dutch region, and he says that as soon as he gets his diploma he is going back to his home" oh wait it does

09:23:31 Apocalyptic: that relevancy

09:23:50 kakobrekla: at least get my name right when you googlefail you know

09:24:07 Apocalyptic: heh, just figured

09:24:40 kakobrekla: otc profile you tell you a thing or two

09:24:47 kakobrekla: should tell you *

09:25:48 kakobrekla: chan went quiet, everyones googling up kako

09:26:06 kakobrekla: i feel penetraded!

09:26:25 kakobrekla: typo cause its uncomfortable

09:27:04 Apocalyptic: lol

09:27:19 Apocalyptic: otc profile tells me what you do in btcland indeed

09:27:42 Apocalyptic: (Martin sounded better than Matic tbh)

09:27:56 kakobrekla: yeah take it up with my mother

09:28:05 Apocalyptic: dem somalia names

09:28:11 kakobrekla: hehe

09:30:23 assbot: [MPEX] [S.MPOE] 1600 @ 0.00086615 = 1.3858 BTC [+]

09:33:25 assbot: [MPEX] [S.MPOE] 8600 @ 0.00086534 = 7.4419 BTC [-] {3}

09:35:27 assbot: [MPEX] [S.MPOE] 8700 @ 0.00086481 = 7.5238 BTC [-]

09:44:36 assbot: [MPEX] [S.MPOE] 10400 @ 0.00086905 = 9.0381 BTC [+]

09:53:45 assbot: [HAVELOCK] [NEOBEE] 349 @ 0.003135 = 1.0941 BTC [+]

09:55:47 assbot: [HAVELOCK] [CBTC] 5000 @ 0.000126 = 0.63 BTC [-] {2}

10:03:21 kakobrekla: ;;tslb

10:03:22 gribble: Time since last block: 46 minutes and 37 seconds

10:12:03 assbot: [HAVELOCK] [SFI] 459 @ 0.00082076 = 0.3767 BTC [-] {5}

10:32:23 assbot: [MPEX] [S.MPOE] 5887 @ 0.00086879 = 5.1146 BTC [-] {2}

10:33:24 assbot: [MPEX] [S.MPOE] 6008 @ 0.00086964 = 5.2248 BTC [+]

10:35:22 kakobrekla: ;;tslb

10:35:25 gribble: Time since last block: 9 minutes and 16 seconds

10:36:27 assbot: [MPEX] [S.MPOE] 13042 @ 0.00087067 = 11.3553 BTC [+] {3}

10:43:35 herbijudlestoids: does anyone have any thoughts on when difficulty might start to level off?

10:45:34 herbijudlestoids: kakobrekla?

10:58:49 assbot: [HAVELOCK] [SFI] 526 @ 0.0008161 = 0.4293 BTC [-] {2}

11:02:53 assbot: [MPEX] [S.MPOE] 6500 @ 0.00087199 = 5.6679 BTC [+]

11:18:08 assbot: [MPEX] [S.MPOE] 11800 @ 0.00087228 = 10.2929 BTC [+] {2}

11:22:12 assbot: [MPEX] [S.MPOE] 7300 @ 0.00087342 = 6.376 BTC [+]

11:25:16 punkman1: http://bitlegal.io/

11:29:19 assbot: [MPEX] [S.MPOE] 14200 @ 0.00087346 = 12.4031 BTC [+] {3}

11:31:37 Mats_cd03: mircea_popescu: when can I expect revenue of mpex to pick up

11:37:14 punkman1: Mats_cd03: you mean like 1800 BTC worth of new account fees?

11:41:32 herbijudlestoids: so iv been thinking about the cex.io website

11:41:42 herbijudlestoids: basically its the best bitcoin laundry in the world

11:41:54 herbijudlestoids: any thoughts?

11:55:45 assbot: [MPEX] [S.MPOE] 7294 @ 0.00087155 = 6.3571 BTC [-]

11:59:59 ThickAsThieves: man i charted all this to a t

12:00:04 ThickAsThieves: such trades

12:00:06 ThickAsThieves: much happy

12:02:40 ThickAsThieves: herbijudlestoids, altcoins might top it

12:11:34 Apocalyptic: http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/

12:11:35 ozbot: My protest at MtGox Offices - 5 to 7th February 2014, Tokyo, Japan. : Bitcoin

12:12:06 ThickAsThieves: wonder if he'll post the video

12:12:18 Apocalyptic: so do I

12:13:00 punkman1: lolprotest

12:16:05 assbot: [HAVELOCK] [PETA] 151 @ 0.04452543 = 6.7233 BTC [-] {14}

12:16:16 ThickAsThieves: sounds a LOT like Bitfunder

12:16:51 ThickAsThieves: soon everyone may get their 6% payout

12:17:01 Apocalyptic: ThickAsThieves, next thing we know Karpeles is in Cyprus in Neo's office

12:17:31 ThickAsThieves: totally

12:17:43 ThickAsThieves: he can ride his bouncey ball there

12:17:51 ThickAsThieves: it's amphibious

12:18:07 assbot: [HAVELOCK] [MS] 77 @ 0.005 = 0.385 BTC

12:18:51 ThickAsThieves: 'I like to think that when I go to a conference, Satoshi Nakamoto is there, and she is pretending to be one the audience' - Andreas Antonopoulos

12:18:55 ThickAsThieves: AA be trollin!

12:26:15 assbot: [HAVELOCK] [B.MINE] 10 @ 0.06119001 = 0.6119 BTC [-] {4}

12:26:45 truffles: prob a tranny

12:28:17 assbot: [MPEX] [S.MPOE] 27050 @ 0.00087357 = 23.6301 BTC [+] {4}

12:28:24 herbijudlestoids: ThickAsThieves: at cex you can hop multiple alts from a single convenient laundry interface :P

12:28:41 herbijudlestoids: i think there is 5 or 6

12:31:17 ThickAsThieves: oh i thought it was all bitcoin

12:31:20 assbot: [HAVELOCK] [AM100] 30 @ 0.00450026 = 0.135 BTC [-] {3}

12:34:49 ThickAsThieves: http://www.walkerart.org/jobs/browse/current-openings/2014/internet-cat-video-festival-coordinator

12:34:50 ozbot: Internet Cat Video Festival Coordinator — Current Openings — Jobs — Walker Art Center

12:35:22 truffles: sounds like a great job, cat videos 3>

12:36:34 truffles: title is misleading, gotta do shitton

12:43:17 herbijudlestoids: wow my weekly allowance of fraudsters articles finally showed up, mircea is a very good writer imho

12:43:58 herbijudlestoids: i dunno if the WoT will end up as the identifying force for the world, but its a nice idea

12:44:40 truffles: like real life names

12:45:02 ThickAsThieves: yeah just get urself some fraudsters credits and plug the cookie into any of your commonly used browsers

12:45:11 herbijudlestoids: look man i only got 0.02BTC ok

12:45:19 ThickAsThieves: ive read more fraudsters than books past year

12:45:29 truffles: wow

12:45:39 herbijudlestoids: i guess i should just fucken buy some

12:45:41 truffles: he's got enough minions doods

12:46:25 ThickAsThieves: minions?

12:46:33 herbijudlestoids: truffles: i have no problems saying i identify with plenty of things he wrote, for example about education

12:46:49 truffles: kiss asses

12:46:52 truffles: sure

12:47:14 ThickAsThieves: truffles it's good to read things that make you uncomfortable

12:47:34 Apocalyptic: truffles, fraudsters is pure genius

12:47:34 truffles: i do all the time, e.g. irc

12:47:44 ThickAsThieves: then wtf are you here?

12:47:58 truffles: why not

12:48:09 ThickAsThieves: well there are other channels yknow

12:48:13 Apocalyptic: lot of time to waste

12:48:25 truffles: im in many channels

12:48:45 truffles: although uncomfortable isnt the word id used

12:48:45 ThickAsThieves: k i was really concerned

12:51:34 truffles: its no surprise that ppl in certain channels share views

12:52:59 herbijudlestoids: ok..so basically im not allowed to enjoy the writings of a blogger? because...he has enough people who also appreciate it?

12:53:32 truffles: dont take offense

12:53:40 herbijudlestoids: no im genuinely curious lol

12:53:58 truffles: "not allowed" was not said either

12:54:58 ThickAsThieves: i think truffles is more implying that it's all a bit to cultish for him

12:54:59 herbijudlestoids: i dun get it...i havent been paying attention to this corner of the internet at all until ~6 months ago. i only heard about fraudsters this month...i dont have credits so have to wait if i want to see what half the links in the chan are about...i read them tonight and found them really good...so whats the problem?

12:55:13 ThickAsThieves: too*

12:55:19 truffles: TAT gets me :D

12:55:55 herbijudlestoids: find me something more interesting to read then

12:56:06 ThickAsThieves: now!

12:56:11 truffles: lol

12:56:11 herbijudlestoids: yea, now

12:56:13 truffles: gl

12:57:11 truffles: my interests n urs unlikely to align

12:57:17 ThickAsThieves: between the bitcoin soap opera, standing RSS feeds, and the blogs of this chan, well there's too much to read

12:57:37 herbijudlestoids: would you like to have a discussion about an unrelated matter truffles? politics perhaps? macrofinancial implications of energy resources in tajikistan? gardening or mycology?

12:57:56 ThickAsThieves: conversionbot

12:58:00 truffles: random topics occur all the time itc

12:58:01 ThickAsThieves: conversationbot*

13:00:01 herbijudlestoids: truffles: any opinion on when bitcoin difficulty might level off from its current insane trajectory?

13:00:20 truffles: i have no basis to make any..

13:00:22 herbijudlestoids: surely 28nm is starting to approach the limitations of physics

13:00:34 herbijudlestoids: and from here its all scale out instead of up

13:00:50 truffles: bitcoin is curiosity

13:01:11 truffles: u dont have to direct it all to me noa lol

13:01:23 herbijudlestoids: i must admit, in nov of last year when i randomly read a thread on bitcointalk where someone was asking for projections of how fast difficulty would grow into 2014, i scoffed at someone suggesting it would simply continue at 30%/month

13:01:42 herbijudlestoids: well, i asked before and nobody answered

13:01:47 punkman1: http://bitbet.us/bet/712/bitcoin-difficulty-over-5-6b-before-april/

13:01:52 ozbot: BitBet - Bitcoin difficulty over 5.6B before April

13:02:13 truffles: i could look into a system to find such an answer but it wouldnt be useful to me

13:02:41 herbijudlestoids: punkman1: so the current market implied forecast is "yes" to 5.6b by apr

13:03:01 truffles: it is said that difficulty but i wonder if groups decided to test that..

13:03:10 truffles: difficulty will adjust*

13:03:21 punkman1: it certainly can't continue going up 20% on each adjustment forever

13:04:01 herbijudlestoids: and yet...

13:05:23 herbijudlestoids: ok well im off to watch a movie, have a wonderful day/evening fellows

13:05:54 assbot: [HAVELOCK] [AM1] 1 @ 0.49560001 BTC [-]

13:05:55 assbot: [HAVELOCK] [AM100] 85 @ 0.00456957 = 0.3884 BTC [+] {5}

13:06:10 ThickAsThieves: <herbijudlestoids> truffles: any opinion on when bitcoin difficulty might level off from its current insane trajectory? ---- so, so, difficult imo

13:06:24 truffles: i can suggest to u entertainment in that resepct :D

13:06:35 herbijudlestoids: yea go on

13:06:51 truffles: me?

13:07:02 truffles: what genre do u like

13:07:12 truffles: tv or movies?

13:07:50 herbijudlestoids: just pick your favorite movie of all time

13:08:13 truffles: all time ha no

13:08:13 Duffer1: so maxcoin hit .043 on mcxnow...............

13:08:21 herbijudlestoids: ThickAsThieves: do you mean it wont level off until difficulty is "so so difficult"? :P or that its difficult to forecast

13:08:28 truffles: God father I

13:08:35 herbijudlestoids: truffles: good movie, seen it recently tho

13:09:06 herbijudlestoids: Duffer1: the only real question is how many maxcoins do i have to pay max keiser to stop talking

13:09:22 truffles: i enjoyed In Time see if u do

13:09:25 Duffer1: i don't think the amount exists

13:09:33 Duffer1: it's a theoretical number

13:12:00 assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]

13:13:01 assbot: [HAVELOCK] [CFIG] 5 @ 0.07806 = 0.3903 BTC [+] {3}

13:14:32 ThickAsThieves: herb, i mean that there are too many factors to predict mining diff accurately enought to make any use of it

13:14:33 ThickAsThieves: however

13:14:41 ThickAsThieves: do you know of organofcorti?

13:14:57 ThickAsThieves: http://organofcorti.blogspot.com/

13:14:57 ozbot: Neighbourhood Pool Watch

13:15:21 ThickAsThieves: he's been plotting stuff out for a long time

13:15:21 Apocalyptic: wait

13:15:27 Apocalyptic: is mcxnow open again ?

13:15:33 ThickAsThieves: i heard it was so

13:16:13 Duffer1: mcxnow only closed for a day or so

13:16:30 Duffer1: trading on most of the coins was halted though, but most are back up

13:16:47 Apocalyptic: <Duffer1> mcxnow only closed for a day or so // it closed for months..

13:16:52 ThickAsThieves: let the scamming resume!

13:17:00 Duffer1: no it didn't

13:17:15 truffles: was that the one with c++?

13:17:23 Duffer1: ya lol

13:17:44 truffles: ppl claimed they hit n run

13:17:50 truffles: guess not heh

13:17:50 Apocalyptic: ThickAsThieves, moar scam please

13:18:06 assbot: [HAVELOCK] [NEOBEE] 8332 @ 0.00300029 = 24.9984 BTC [-] {18}

13:18:58 ThickAsThieves: nice buy

13:19:26 ThickAsThieves: er sale

13:20:36 herbijudlestoids: wow graph porn heaven ThickAsThieves!

13:20:37 herbijudlestoids: thanks!

13:20:47 herbijudlestoids: looks like R :D

13:21:36 ThickAsThieves: you're welcome truffles, i distracted him :)

13:21:50 ThickAsThieves: R?

13:22:10 truffles: haha, he was said to be watching movie

13:22:11 ThickAsThieves: oh nvm

13:23:11 assbot: [HAVELOCK] [AM100] 25 @ 0.0044514 = 0.1113 BTC [-] {2}

13:25:57 Apocalyptic: ThickAsThieves, fyi Mark just confirmed the reddit story

13:27:43 ThickAsThieves: well if there's anything juicey in the vid maybe he'll confirm that too

13:27:48 ThickAsThieves: or pay off the guy

13:29:16 ThickAsThieves: for whomever may care http://www.reddit.com/r/neobee/

13:31:11 truffles: well at least its not in murrica

13:31:44 truffles: u should move too :D

13:31:59 truffles: how many ppl chat regularly in here on average?

13:32:30 truffles: want toknow how many ppl would make a majority so i can confirm my guestimate that murrica dominant room

13:35:23 assbot: [HAVELOCK] [AM100] 25 @ 0.0044514 = 0.1113 BTC [-]

13:37:24 truffles: i should know this ...

13:42:32 punkman1: ThickAsThieves: did Neo put those ads on TV?

13:44:40 ThickAsThieves: yes

13:44:43 ThickAsThieves: in Cyprus

13:44:53 punkman1: cringeworthy

13:45:33 assbot: [MPEX] [S.MPOE] 5800 @ 0.00086664 = 5.0265 BTC [-]

13:45:33 ThickAsThieves: consider the culture and situation is different there

13:45:50 punkman1: I'm not very far from Cyprus

13:46:35 assbot: [HAVELOCK] [AM1] 2 @ 0.5199988 = 1.04 BTC [+]

13:46:39 ThickAsThieves: neither is Cairo

13:46:47 kakobrekla: ads on tv?

13:46:48 ThickAsThieves: or Syria

13:46:50 ThickAsThieves: etc

13:46:50 kakobrekla: http://bash.bitcoin-assets.com/?quote=43

13:46:56 ozbot: #bitcoin-assets bash

13:47:55 ThickAsThieves: well, nubbins is bias

13:48:20 ThickAsThieves: hate on it all you like, it's happening

13:48:39 kakobrekla: i dont even know what is suppose to happen

13:48:57 kakobrekla: good audience targeting :)

13:49:08 ThickAsThieves: hehe

13:49:21 ThickAsThieves: unless youre in cyprus

13:50:21 punkman1: random tweet: "What the fuck is this #whoisneo ??? Can't handle it anymore!!!!"

13:50:38 ThickAsThieves: google is hard

13:50:55 ThickAsThieves: ;;google whoisneo cyprus

13:50:56 gribble: The MATRIX 101 - Understanding The Matrix - Frequently Asked ...: http://thematrix101.com/matrix/faq.php; Neo-Assyrian Empire - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Neo-Assyrian_Empire; Κυριάκος (iKyriacos) on Twitter: https://twitter.com/iKyriacos

13:51:02 ThickAsThieves: well then

13:51:18 kakobrekla: http://log.bitcoin-assets.com/?date=07-02-2014#486650

13:51:21 ozbot: #bitcoin-assets log

13:51:30 ThickAsThieves: lol

13:51:58 ThickAsThieves: one day the whole conversation in here will be links to log quotes

13:52:08 kakobrekla: once everything is said.

13:53:41 assbot: [HAVELOCK] [AM1] 1 @ 0.5199988 BTC [+]

14:05:57 Troic_: /whois bitstamp

14:08:59 ThickAsThieves: https://beta.ciphertrade.com/orders << kakobrekla, i know you like gawking at new exchanges

14:09:13 ThickAsThieves: https://beta.ciphertrade.com/

14:11:59 ThickAsThieves: http://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service

14:12:00 ozbot: A string of thefts hit Bitcoin's most reputable wallet service | The Verge

14:12:13 ThickAsThieves: most reputable?

14:12:31 ThickAsThieves: is blockchain chopped liver?

14:12:52 punkman1: " A day after Jeff's second hack, Coinbase enabled two-factor authentication via email for anyone attempting to turn on the API key"

14:13:01 ThickAsThieves: coinbase isnt even a wallet service

14:13:06 punkman1: clearly the answer is to TWOFACTORAUTH harder

14:13:13 ThickAsThieves: they are a moneychanger

14:14:01 assbot: [HAVELOCK] [SFI] 300 @ 0.000816 = 0.2448 BTC [-]

14:17:42 mircea_popescu: herbijudlestoids "whoa nelly" lmao.

14:25:12 assbot: [MPEX] [S.MPOE] 2810 @ 0.00086724 = 2.4369 BTC [+]

14:28:15 assbot: [MPEX] [S.MPOE] 14200 @ 0.0008675 = 12.3185 BTC [+] {3}

14:31:18 assbot: [HAVELOCK] [B.MINE] 3 @ 0.066 = 0.198 BTC [+]

14:36:23 assbot: [MPEX] [S.MPOE] 24574 @ 0.00086582 = 21.2767 BTC [-] {4}

14:38:40 mircea_popescu: http://fraudsters.com/2014/how-to-find-out-if-youre-stupid-in-one-easy-step/

14:38:41 ozbot: How to find out if you’re stupid in one easy step pe fraudsters - Un blog de Mircea Popescu.

14:42:05 ThickAsThieves: typo efect*

14:43:22 Duffer1: more redistributed Fs

14:43:34 Duffer1: mircea secretly going commie

14:44:17 mircea_popescu: wait what did i do

14:44:27 herbijudlestoids: i ran out of fraudsters quota already :(

14:44:29 mircea_popescu: o o lol

14:44:34 herbijudlestoids: i will have to wait a week to find out if im stupid

14:44:59 mircea_popescu: herbijudlestoids so buy a credit, what, are you george ? can't pay for parking ?

14:45:51 herbijudlestoids: im in the process of procuring some bitcoins

14:46:05 herbijudlestoids: gotta deposit n shit

14:46:20 ThickAsThieves: visit from tor

14:46:42 mircea_popescu: or from a proxy. or your mom's

14:46:43 mircea_popescu: etc.

14:46:51 herbijudlestoids: o shit yea i totally got a giant pool of IPs lol

14:46:57 mircea_popescu: drive 20 miles like the angry jew guy.

14:46:57 herbijudlestoids: sweet

14:47:27 random_cat: coinbase is a wallet service, even if they do not advertise as such

14:47:34 assbot: [HAVELOCK] [HMF] 23 @ 0.02781608 = 0.6398 BTC [-] {9}

14:47:39 mircea_popescu: random_cat i didn't think they knew what they were.

14:47:48 ThickAsThieves: no they have a wallet feature

14:47:54 random_cat: this is possible

14:48:30 mircea_popescu: meanwhile back @stupid ranch, clueless journo working for obscure publication links to my article on cryptsy, calls me "a commenter". i point out to him he's embarrasing himself.

14:48:43 mircea_popescu: his reaction ? piling moar embarassment with both hands.

14:49:12 mircea_popescu: this is like the one thing god did right : all situations naturally evolve towards the largest lol content.

14:49:14 random_cat: i think they know they are a broker in bitcoin, and everything else is pr

14:49:33 mircea_popescu: random_cat i daresay they know they got a burn rate, and everything else is desperation

14:49:36 assbot: [HAVELOCK] [B.MINE] 8 @ 0.06712174 = 0.537 BTC [+] {3}

14:49:46 random_cat: heh... welll there is that

14:50:37 assbot: [HAVELOCK] [CBTC] 29125 @ 0.00013099 = 3.8151 BTC [+] {3}

14:50:51 mircea_popescu: ;;later tell nubbins` so what's your beef with the altcoinz ?

14:50:52 gribble: The operation succeeded.

14:51:06 ThickAsThieves: they be amoral!

14:51:13 random_cat: not privy to the internals, but my casual observation is that their broker pricing could make them a fuckton of money

14:51:16 ThickAsThieves: his beef may just be with me

14:51:20 Duffer1: i enjoyed that discussion

14:51:24 ThickAsThieves: i didnt

14:51:27 Duffer1: lol

14:51:39 mircea_popescu: random_cat from outside all this shit looks like it makes tons of money.

14:51:49 mircea_popescu: then you get the leaks and discover bitcoinica was net negative for its entire life.

14:51:50 random_cat: heh

14:52:11 mircea_popescu: mtgox is STILL not above water, to this day, and i don't think it has 50-50 odds it ever will

14:52:12 Duffer1: i tried not to pile on TaT, who the hell am I to tell you your conscience

14:52:12 mircea_popescu: etc.

14:52:39 random_cat: mtgox is looking particularly doomed

14:52:45 ThickAsThieves: Duffer1 its more than that

14:52:50 random_cat: but that has been true for a long time

14:52:56 ThickAsThieves: the conversation was several topics pretending to be one

14:53:16 mircea_popescu: random_cat this is what you get when you have random clueless fuckwits stuck with massive management takss. they don't know what to do.

14:53:26 mircea_popescu: and it doesn't take very much flailing to step on enough lightbulbs

14:53:33 Duffer1: oh ya the poke at your pmg

14:53:35 Duffer1: pmb

14:54:05 Duffer1: meh, the alt discussion interested me

14:54:15 mircea_popescu: http://bitbet.us/bet/714/bitcoin-will-top-1200-before-going-under-800/ << check out the rich folks speculating proposition derivatives.

14:54:19 ozbot: BitBet - Bitcoin will top $1200 before going under $800

14:54:47 mircea_popescu: ThickAsThieves if he doesn't like you that's you two's problem :D i'm more into trying to discern if he has something that's universally usable

14:56:06 mircea_popescu: !t m x.eur

14:56:07 assbot: [MPEX:X.EUR] 1D: 0.00172845 / 0.00180728 / 0.00183028 (1550 shares, 2.80 BTC), 7D: 0.00166806 / 0.00173534 / 0.00183028 (5311 shares, 9.22 BTC), 30D: 0.0016245 / 0.00173591 / 0.0019975 (19500 shares, 33.85 BTC)

14:56:22 mircea_popescu: cool, the future's workin'!

14:57:26 random_cat: neither mtgox nor coinbase look like massive management projects from here: they look like operations which would fill the room i inhabit to the gills (and possibly cause fistfights)

14:58:45 assbot: [MPEX] [S.MPOE] 35697 @ 0.0008646 = 30.8636 BTC [-] {7}

15:00:18 mircea_popescu: random_cat you are thinking like they are thinking, that "management" = "ops management"

15:00:30 mircea_popescu: this is perfectly untrue. first and foremost, management means strategic management.

15:00:49 herbijudlestoids: so mircea_popescu what was with the vol spike overnight

15:00:58 mircea_popescu: glengarry glen ross is NOT kevin spacey's character.

15:01:11 mircea_popescu: herbijudlestoids i have no idea. looks like some sort of panic or desperation.

15:01:41 mircea_popescu: either someone was a cp in a deal that had to be unwound and they had to liquidate, or else someone somehow figured i'm in the shit.

15:01:47 ThickAsThieves: volume is mostly traders, they got bored and their TA told them a correction was due

15:01:51 mircea_popescu: or w/e, maybe they just got bored.

15:01:59 ThickAsThieves: too slow

15:02:01 ThickAsThieves: :)

15:02:02 mircea_popescu: heh

15:02:11 random_cat: mircea_popescu: it only requires a leader.... i am making no assertions as to number or quality of generals

15:02:27 mircea_popescu: yes well the leader they ain't got.

15:02:39 mircea_popescu: no leader, no business. as unpleasant this truth may be.

15:04:51 assbot: [MPEX] [S.MPOE] 5479 @ 0.00086856 = 4.7588 BTC [+]

15:05:22 mircea_popescu: ah this is a good story. so : three years ago i write a scathing piece dropping dox on this romanian spammer guy. he gets really butthurt keeps calling my office to make btctalk-type legal threats and spends a while "ruining my reputation" on social media venues. eventually simmers down.

15:05:34 chetty: sorta like no president=no country :P

15:05:54 random_cat: eventually it collapses

15:06:03 mircea_popescu: apparently meanwhile forgets all about it, cause he just sent me a spam comment linking to his site. so i... accepted it, replaced his seo-optimized user name with his own name, and put a link to... the three year old article.

15:06:24 mircea_popescu: the advantages of living in a country the size of oregon are so very marked.

15:06:43 mircea_popescu: chetty that may be pushing it, the government is not supposed to be involved in economics.

15:06:53 assbot: [HAVELOCK] [AM1] 1 @ 0.4956 BTC [-]

15:06:54 random_cat: ROFL

15:06:58 mircea_popescu: which means the us leadership is carnegie, not whoever was president,

15:07:08 chetty: operative word being "supposed"

15:07:08 mircea_popescu: much like the HRE leadership is fugger not maximilian.

15:07:54 assbot: [HAVELOCK] [AM100] 86 @ 0.00470469 = 0.4046 BTC [+] {3}

15:09:57 mircea_popescu: http://31.media.tumblr.com/tumblr_me15otBzHe1ru15g3o1_500.jpg << anyone know the band ?

15:10:47 pankkake: https://en.wikipedia.org/wiki/The_Ladybirds - thank the "search image on google" extension

15:10:48 ozbot: The Ladybirds - Wikipedia, the free encyclopedia

15:10:57 assbot: [HAVELOCK] [SFI] 1000 @ 0.000816 = 0.816 BTC [-]

15:10:58 mircea_popescu: fuck me ?!

15:11:28 mircea_popescu: no wai

15:11:36 pankkake: why

15:12:04 wao-ender: looks they are Czech

15:12:05 wao-ender: http://www.bandmap.cz/berusky

15:12:13 mircea_popescu: pankkake cause wrong heads.

15:12:48 mircea_popescu: wao-ender may be just a name coincidence

15:12:54 wao-ender: oh no, sry, yes

15:12:57 wao-ender: that was just their remake.

15:13:01 wao-ender: maybe also playing naked.

15:13:03 wao-ender: haha

15:13:17 wao-ender: Ladybirds 2.0

15:16:31 ThickAsThieves: http://cdn0.sbnation.com/entry_photo_images/9801167/HasanBaglar_Cyprus_Shortlist_Open_Nature_Wildlife_2014_verge_super_wide.jpg

15:16:44 ThickAsThieves: http://cdn1.sbnation.com/entry_photo_images/9801193/HairulAziziHarun_Malaysia_Shortlist_Open_SplitSecond_2014_verge_super_wide.jpg

15:16:54 mircea_popescu: whoa

15:18:04 assbot: [MPEX] [S.MPOE] 2550 @ 0.00086788 = 2.2131 BTC [-] {2}

15:18:08 ThickAsThieves: http://www.theverge.com/2014/2/6/5385468/sony-world-photography-awards-2014-shortlist

15:18:09 ozbot: Leaping wildebeest and cuddling cats: the 2014 Sony World Photography Awards shortlist | The Verge

15:18:21 ThickAsThieves: some of those are a bit too photoshopped

15:18:26 ThickAsThieves: but some cool stuff

15:18:33 mircea_popescu: the dancing mantises are really cool.

15:19:01 ThickAsThieves: http://cdn3.sbnation.com/entry_photo_images/9801073/4_George-Logan_UK_Shortlist_Shortlist_Campaign_Professional-Competition-2014_PRESS_verge_super_wide.jpg

15:19:19 ThickAsThieves: http://cdn2.sbnation.com/entry_photo_images/9801253/NicolasReusens_Spain_Shortlist_Open_NatureWildlife_2014_verge_super_wide.jpg

15:19:44 mircea_popescu: the old guy with the boat wow.

15:19:57 ThickAsThieves: surreal

15:21:06 mircea_popescu: ahahah the riding frog

15:21:26 mircea_popescu: i had a beetle just like that in cr.

15:21:29 mircea_popescu: we called him mr horny

15:21:47 KRS-One: .bait

15:21:48 ozbot: http://31.media.tumblr.com/9a1319a00b8750ac0d8c1ea63da6d05c/tumblr_mjbja19BLk1qcrnfro1_1280.jpg

15:22:02 KRS-One: That looks like somebody's mom.

15:22:05 mircea_popescu: http://cdn1.sbnation.com/entry_photo_images/9801065/1_Sharon-Derhy_Israel_Shortlist_Travel_Professional-competition-2014_PRESS_verge_super_wide.jpg

15:22:09 mircea_popescu: there krs.

15:23:09 mircea_popescu: BOMBSHELL: Snowden downloaded entire roster of U.S. government - all names, home addresses and other personal info of **all** officials and gov't employees -- including law enforcement -- plus bankers, corporate boards of directors and more!

15:23:13 mircea_popescu: bwahaha

15:23:37 KRS-One: omg wow

15:23:38 mircea_popescu: next step : Bitcoin regulates the USG.

15:23:53 mircea_popescu: "Remember : we know where YOU live."

15:24:03 KRS-One: bitcoin should be mandatory currency of all governments

15:24:06 KRS-One: talk about transparency.

15:24:33 KRS-One: if they dont want to do it there must be a reason to not trust. !=trust

15:24:54 KRS-One: some exceptions would of course be intelligence and defense.

15:25:11 assbot: [HAVELOCK] [B.MINE] 4 @ 0.064 = 0.256 BTC [-]

15:26:12 assbot: [HAVELOCK] [B.MINE] 2 @ 0.0605 = 0.121 BTC [-] {2}

15:26:41 KRS-One: .bait

15:26:43 ozbot: http://25.media.tumblr.com/fadd2c25bb8a9445ed2b9aaf346c482e/tumblr_mx22f91ccr1qa1m48o1_1280.jpg

15:27:13 assbot: [HAVELOCK] [B.SELL] 3 @ 0.1299 = 0.3897 BTC [-]

15:27:55 ThickAsThieves: "

15:27:59 ThickAsThieves: Snowden has made it clear that if he is arrested, if he vanishes, or if he "dies" from any cause whatsoever, ALL of the information in his possession will be published publicly."

15:28:06 ThickAsThieves: is this site for real?

15:28:26 mircea_popescu: i can vouch for that, fwiw.

15:30:04 asciilifeform: in case anyone missed this gem:

15:30:05 asciilifeform: http://cryptome.org/2014/02/robert-hoffman-docs.pdf

15:30:16 assbot: [HAVELOCK] [B.MINE] 2 @ 0.06 = 0.12 BTC [-]

15:30:17 assbot: [HAVELOCK] [HMF] 6 @ 0.02740002 = 0.1644 BTC [-]

15:33:19 assbot: [HAVELOCK] [AM1] 1 @ 0.5199988 BTC [+]

15:36:22 assbot: [HAVELOCK] [AM1] 1 @ 0.51999891 BTC [+]

15:37:23 assbot: [HAVELOCK] [AM1] 2 @ 0.5199988 = 1.04 BTC [-]

15:37:24 assbot: [HAVELOCK] [CBTC] 10000 @ 0.0001327 = 1.327 BTC [+]

15:39:25 assbot: [HAVELOCK] [SFI] 307 @ 0.000816 = 0.2505 BTC [-]

15:41:27 assbot: [HAVELOCK] [AM1] 6 @ 0.5199988 = 3.12 BTC [-]

15:41:39 ThickAsThieves: i wonder if "waste heat" will be an mining pollution problem one day

15:48:34 assbot: [MPEX] [S.MPOE] 12700 @ 0.00086848 = 11.0297 BTC [+] {2}

15:48:53 herbijudlestoids: ThickAsThieves: use the heat to power turbines to pump water uphill :D

16:00:45 pLambert: over time, the block reward will go down, causing mining profit to decrease, and mining hardware efficiency will improve, so mining polution will never be a huge problem.

16:03:06 nubbins`: hi

16:04:24 nubbins`: ThickAsThieves: what makes you think i have a beef with you? ;p

16:05:52 mircea_popescu: <pLambert> over time, the block reward will go down, causing mining profit to decrease << that's not what drives the efficiency

16:06:02 mircea_popescu: over time, difficulty goes up forcing effiiciency up.

16:06:09 nubbins`: mircea_popescu: read the logs, jeez ;p

16:06:24 mircea_popescu: nubbins` i didn't think there was much merit to them is why i ask

16:06:24 nubbins`: i don't have a beef with alts at all!

16:06:46 mircea_popescu: USD 658.26 735.69 815.06 awww.

16:06:54 nubbins`: rubecoin-in-a-box, on the other hand...

16:07:15 mircea_popescu: hm ?

16:07:55 nubbins`: being "against alts" in general is silly, because how could you be against people experimenting with new ideas?

16:08:05 mircea_popescu: ikr?

16:08:40 nubbins`: my issue is with pumping out alts of no value whatsoever beyond providing a venue for cons to fleece rubes

16:08:54 assbot: [MPEX] [S.MPOE] 8994 @ 0.00086491 = 7.779 BTC [-] {2}

16:08:58 nubbins`: and then pretending -- tongue in cheek or not -- that they're serious

16:09:38 mircea_popescu: like https://twitter.com/Mircea_Popescu/status/431158708366626816 ?

16:10:25 nubbins`: sure

16:10:47 mircea_popescu: but i mean...

16:10:57 assbot: [HAVELOCK] [AM100] 35 @ 0.00453484 = 0.1587 BTC [-] {4}

16:11:28 mircea_popescu: what's one to do ? the internet is a contextless medium. i can put a disclaimer in there, and i do. nevertheless, ihave to fit it in 140 chars and anyone is just as likely to "get it" as to get it.

16:12:19 nubbins`: what one is to do is to suggest that the head gets cut off it before it gets out of hand

16:12:24 mircea_popescu: in a more general sense : as tempting as it may be, you can't allocate responsibility to actions by the "effect" they have on people.

16:12:28 nubbins`: and that leads us to yesterday's convo

16:12:43 chetty: Poll: More Americans 'Can't Live Without' Laptops, Smartphones Than Sex

16:12:43 mircea_popescu: hoffman's death is hoffman's problem, you can't be arresting rnadom dope dealers because this guy was a dope fiend.

16:13:00 nubbins`: wait, you can't arrest random dope dealers?

16:13:08 mircea_popescu: " rnadom dope dealers because this guy was a dope fiend"

16:13:38 nubbins`: no, you arrest random dope dealers because x number of people are dope fiends and it has a net negative effect on the society in which the dope dealing takes place

16:13:49 mircea_popescu: well this doesn't in practice work.

16:13:52 nubbins`: or you don't arrest them because there aren't enough dope fiends to give a fuck

16:13:59 assbot: [HAVELOCK] [CBTC] 3000 @ 0.0001327 = 0.3981 BTC [+]

16:14:10 nubbins`: it doesn't work because more people will sell dope

16:14:24 nubbins`: doesn't mean you shouldn't try to convince dealers to stop dealing

16:14:25 mircea_popescu: no, it doesn't work because responsibility is not transitive.

16:14:32 mircea_popescu: you do the dope, you die. that's all there is.

16:15:01 Apocalyptic: what's the price of 1 ALT ?

16:15:13 mircea_popescu: Apocalyptic about the same as a doge, ironically.

16:15:13 nubbins`: you do the dope, you spend your days breaking into houses and businesses to steal shit to buy dope

16:15:29 nubbins`: THIS is why people want dealers locked up

16:15:40 mircea_popescu: what people want is entirely irrelevant tho.

16:15:43 nubbins`: if everyone who dug a vein died, nobody'd care

16:15:48 mike_c: i thought we were all out of soapboxes after yesterday

16:15:55 mircea_popescu: people want what diogenes wanted : to be able to sate hunger the way they sate horniness

16:16:01 assbot: [MPEX] [S.MPOE] 5600 @ 0.00086927 = 4.8679 BTC [+] {2}

16:16:18 mircea_popescu: mike_c no cause i was out and missed all the action

16:16:18 nubbins`: consider the case of salvia divinorum. powerful drug, blast you to hyperspace. was legal in most places until a handful of years ago

16:16:27 nubbins`: because people weren't robbing convenience stores for salvia money

16:16:32 mircea_popescu: it's still legal you kidding me ? i have a bush in my garden

16:16:34 mircea_popescu: it's a spice.

16:16:36 Duffer1: this chan has higher quality soap boxes, they last a while

16:16:41 nubbins`: mircea_popescu: that's a different salvia

16:16:49 mircea_popescu: yeah. right.

16:16:58 nubbins`: cooking sage

16:17:17 mircea_popescu: seer's sage dood.

16:17:21 nubbins`: smoke that, you'll get a headache

16:17:31 nubbins`: ...you have salvia divinorum in your garden.

16:17:34 mike_c: "if everyone who dug a vein died, nobody'd care" << you need a pretty strong soapbox to stand on that.

16:17:40 herbijudlestoids: people are talkin ethnobotanicals

16:17:50 nubbins`: mike_c: the bleeding hearts would care, sure. that's a given tho

16:18:00 mircea_popescu: nubbins` i don't get where you got the idea it's "illegal"

16:18:06 mircea_popescu: fucking spontaneous flora all over the world.

16:18:18 nubbins`: i don't make the laws

16:18:23 mircea_popescu: "Salvia divinorum remains legal in most countries and, within the United States, is legal in the majority of states. However, some have called for its prohibition."

16:18:30 nubbins`: i think the concept of an illegal plant is as foolish as anyone

16:18:31 herbijudlestoids: its a schedule 9 plant in australia

16:18:32 mircea_popescu: there, even wikipedia.

16:18:37 nubbins`: ah, wikipedia ;p

16:18:38 chetty: morning glory

16:18:46 herbijudlestoids: under the law judges can schedule it by weight the same as heroin and cocaine

16:18:56 nubbins`: TBH i haven't kept up on it in recent years, but i was under the impression that many individual states had prohibited it

16:19:00 herbijudlestoids: err s/schedule/sentence

16:19:04 assbot: [HAVELOCK] [AM100] 25 @ 0.0045207 = 0.113 BTC [-]

16:19:05 nubbins`: chetty: +1, although very soapy

16:19:12 nubbins`: chetty: also, leg cramps :(

16:19:14 herbijudlestoids: morning glory aka ipomoea violacea

16:19:27 mircea_popescu: nubbins` i couldn't name one tbh

16:19:36 herbijudlestoids: complex of lysergic acid amides produced by a fungal endophyte ;)

16:19:38 nubbins`: fun fact, i dosed myself on martha steward-branded morning glory once

16:20:14 mircea_popescu: but getting back to the point here : if some scammor is lieing through their teeth, usagi style, it's one thing to add a rider to their crap that whoa, jesus, scam.

16:20:19 nubbins`: mircea_popescu: anyway, the thing that salvia has going for it is that it doesn't lend itself to abuse

16:20:27 mircea_popescu: can't possibly take this to the degree nobody can do anything anymore.

16:20:32 herbijudlestoids: in australia, TGA monitors the internet and schedules plants that they deem dangerous

16:20:40 nubbins`: who's taking it to that degree?

16:20:48 mircea_popescu: i dunno!

16:20:50 nubbins`: :(

16:21:00 nubbins`: anyway, regarding this: http://log.bitcoin-assets.com/?date=07-02-2014#486945

16:21:06 assbot: [HAVELOCK] [AM100] 100 @ 0.00452002 = 0.452 BTC [-] {3}

16:21:28 nubbins`: i'm just trying to reconcile "i wish to be a financial professional" with "i ran a PMB" / "i created a lelcoin"

16:21:41 mircea_popescu: well that may be a complex task.

16:21:41 herbijudlestoids: nubbins`: interestingly, as the only hallucinogenic opioid it seems to have some anti-abuse properties and can assist in the treatment of addiction

16:22:07 assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]

16:22:08 jayk: yes

16:22:13 mircea_popescu: i mean... i'm not going to hold it against some woman that she goes around naked in public.

16:22:22 jayk: mtgox took a hike

16:22:23 mircea_popescu: however, i'm not going to hold that as HER QUALIFICATION, most times.

16:22:29 nubbins`: herbijudlestoids: it works on opioid receptors, but isn't an opiate. odd plant.

16:22:30 jayk: oh boy

16:22:39 jayk: mtgox ceo

16:22:42 mircea_popescu: "The National Survey on Drug Use and Health, an annual US based survey sponsored by the Substance Abuse and Mental Health Services Administration (SAMHSA), for 2006 estimated that about 1.8 million persons aged 12 or older had used Salvia divinorum in their lifetime, of which approximately 750,000 had done so in that year."

16:22:45 herbijudlestoids: kappa, not all the receptors

16:22:47 mircea_popescu: << they forgot to add "and under 15"

16:22:54 nubbins`: heh

16:23:01 nubbins`: i was 20 the first time i tried salvia

16:23:07 nubbins`: and i think 26 the last time

16:23:22 mircea_popescu: i don't get all you doods with the "trying" shit. have you tried the mains socket, too ?

16:23:28 nubbins`: nope, licked a 9V tho

16:23:32 kakobrekla: i tried mains socket.

16:23:40 mircea_popescu: me too, but that's besides the point

16:23:41 herbijudlestoids: well, personally trying certain things helped me a lot

16:23:43 nubbins`: the picture on the tv stopped moving and the room filled up diagonally with buzzing ;(

16:23:45 mircea_popescu: and it was unintentional anyway

16:23:55 herbijudlestoids: im a good boy these days

16:23:57 kakobrekla: yes, unintentional, several times.

16:23:59 nubbins`: anyway, what's not to get?

16:24:09 assbot: [HAVELOCK] [AM1] 1 @ 0.51997999 BTC [-]

16:24:15 nubbins`: you get to have an experience that your brain would never produce on its own

16:24:24 nubbins`: it's like being shown a new color

16:24:24 mircea_popescu: nubbins` and this yo uwant because...

16:24:30 herbijudlestoids: mircea_popescu: ever heard of the cult of eleusis?

16:24:30 nubbins`: curiosity, yo

16:24:35 mircea_popescu: dude the LAST thing on my to do list is being shown new colors

16:24:41 jborkl: <nubbins`> nope, licked mains socket.

16:24:43 mircea_popescu: too many of the motherfuckers as it is.

16:24:50 mircea_popescu: and what the fuck is chartreuse anyway.

16:24:52 nubbins`: mircea_popescu: this is maybe the fundamental difference between us :D

16:25:10 assbot: [MPEX] [S.MPOE] 10100 @ 0.00086438 = 8.7302 BTC [-]

16:25:52 herbijudlestoids: mircea_popescu: have you ever ingested an indole tryptamine before?

16:25:59 herbijudlestoids: should try it at least once

16:26:11 assbot: [HAVELOCK] [AM1] 1 @ 0.51998 BTC [+]

16:26:12 nubbins`: "Salvia is an unapproved herbal supplement that is prohibited by law for sale in Canada."

16:26:12 mircea_popescu: i guess it is. unless it's a girl showing it to me and the new color is some new shade of pink between her legs, i couldn't care less.

16:26:16 mircea_popescu: new colors pssssshh

16:26:20 nubbins`: heh

16:26:31 nubbins`: the doors of perception, &c!

16:26:44 mircea_popescu: i prefer the depth of reflection

16:26:54 mircea_popescu: what's this, were all russian peasants looking for more land to farm ?

16:27:27 nubbins`: http://lege5.ro/Gratuit/geztembyge/ordonanta-de-urgenta-nr-6-2010-pentru-modificarea-si-completarea-legii-nr-143-2000-privind-prevenirea-si-combaterea-traficului-si-consumului-ilicit-de-droguri-si-pentru-completarea-legii-nr-339-2005-p

16:27:28 herbijudlestoids: the depth can be increased

16:27:29 ozbot: Ordonanta de urgenta nr. 6/2010 pentru modificarea si completarea Legii nr. 143/2000 privind preveni

16:27:32 nubbins`: better hide that plant from the cops

16:27:51 nubbins`: also, what herb said

16:27:54 mircea_popescu: dude you kidding me...

16:28:09 herbijudlestoids: mircea_popescu: just try it once

16:28:11 nubbins`: how you gonna reflect with truth if you've got all the layers in the way?

16:28:20 herbijudlestoids: a goodly dose

16:28:23 BingoBoingo: RE: Coinbase - http://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service << This sort of "API Key" and "2FA" subversion started happening to Inputs.io not long before their hack/scam. Conclusion: Andreessen Horowitz might be TradeFortress

16:28:32 herbijudlestoids: then we can talk :P

16:28:38 nubbins`: if you ask me, a man isn't a man until he's experienced complete ego death

16:28:46 nubbins`: but hey, what makes me an expert

16:29:14 assbot: [HAVELOCK] [CBTC] 3005 @ 0.000133 = 0.3997 BTC [+] {2}

16:29:16 mircea_popescu: nubbins` complete ego death of some other ego.

16:29:26 mircea_popescu: stop mixing things around bejaysus

16:29:47 herbijudlestoids: nubbins`: you are doing a poor job explaining something that needs be experienced

16:29:48 mircea_popescu: you go kill some other man, not come up with bizarre substitutes in the manner of cutting instead of going out.

16:30:03 nubbins`: herbijudlestoids: that's how it goes

16:30:09 chetty: looking in the barrel of a gun does the same thing nubbins

16:30:19 mircea_popescu: only if it fires.

16:30:25 herbijudlestoids: chetty: an endogenous adrenal response is not equivalent

16:30:39 ThickAsThieves: so far we've got altcoin makers as drug dealers, drugs being illegal, but drugs being okay, and world apthetic to the detah of miners everywhere

16:30:40 nubbins`: staring literal death in the face is different altogether

16:30:55 ThickAsThieves: spelling*

16:30:59 mircea_popescu: herbijudlestoids seriously, you've built yourself this silly whatshisname-wannabeism. it's not some sort of all-encompassing philosophy.

16:31:05 mircea_popescu: it's just pop-derpage.

16:31:20 KRS-One: 'scuse me i have to talk to ozbot in private.

16:31:30 nubbins`: KRS-One, careful, he tells lies

16:31:30 mircea_popescu: da fuck is the guy's name, wrote that disjointed journal thing

16:31:35 nubbins`: ken kesey?

16:31:39 mircea_popescu: no, no

16:31:42 nubbins`: not leary

16:31:48 mircea_popescu: no gah

16:31:56 nubbins`: huxley? hoffman?

16:31:59 nubbins`: THERE ARE SO MANY

16:32:00 mircea_popescu: i can't remember all the druggies in time. brb.

16:32:01 nubbins`: mckenna?

16:32:08 herbijudlestoids: mircea_popescu: not really dude, i view it as an extremely powerful psychological tool...like i say, it helped me, i know. i dont really want to convince you to do it in any sense other than your opinion should be informed

16:33:20 mircea_popescu: burroughs

16:33:22 mircea_popescu: fucking hell.

16:33:34 nubbins`: oh, him

16:33:44 nubbins`: creepy man

16:33:56 nubbins`: occasionally lucid

16:34:08 mircea_popescu: yaya, "substance subculture". it's all aspiring to be picked up by the book people like burroughs.

16:34:24 nubbins`: nah

16:34:47 nubbins`: i don't even think burroughs aspired that much, guy was a miserable sack of shit

16:34:52 mircea_popescu: exactly.

16:34:54 nubbins`: if you ask me, he wrote to stay sane

16:34:56 herbijudlestoids: i dont really have any all encompassing philosophy around it. i dont believe there is some energy or whatever hippy shit

16:34:57 mircea_popescu: that's the appeal.

16:35:07 mircea_popescu: "i don't even have to be aspiring that much, and it's ok being a miserable sack of shit"

16:35:14 mircea_popescu: just a different flavour of emo.

16:35:17 herbijudlestoids: all i am saying is its not explicable

16:35:23 nubbins`: ineffable is the word, herb

16:35:25 mircea_popescu: herbijudlestoids then i'm not really talkin' to you.

16:35:48 mircea_popescu: of course it's not explicable, dude. if I put 500 rems or 18 tesla through my cpu the errorlog won't show anything "Explicable"

16:35:54 mircea_popescu: so what of it. doesn't make it less banal

16:36:01 nubbins`: mircea_popescu: well, you're describing the difference between burroughs and the wannabe burroughs

16:36:13 nubbins`: or, really, the difference between the people who did shit and the people who want to

16:36:29 mircea_popescu: nubbins` i'm saying that the interest in otherwise uninteresting subject matter is driven by otherwise underemployed, bored and inept kids.

16:36:55 mircea_popescu: then they keep hearing about it from all the other underemployed, bored and inept kids and start thinking it's part of relaity

16:37:03 mircea_popescu: because that's how the reality-function works in the cowsy brain

16:37:08 mircea_popescu: and now they gotta "experience" it.

16:38:00 mircea_popescu: mind that this entire discussion started from "why would idiot 12yos snort bath salts" and is not unrelated to the "massive popularity" of silk road

16:38:09 nubbins`: well no shit people talking about shit that happened inside their heads is banal to everyone else

16:38:13 mircea_popescu: that laughable piece of shit that couldn't sell one cocaine brick in one month,

16:38:23 assbot: [HAVELOCK] [B.MINE] 3 @ 0.06999 = 0.21 BTC [+]

16:38:26 mircea_popescu: and whose only legacy is all over reddit, cantina marketplace etc.

16:38:56 mircea_popescu: so perhaps we are talking at somewhat oblique purposes.

16:39:17 herbijudlestoids: "bath salts" aka mephedrone or 4-MAR or MDPV or similar substances under the same common name has little do with silk road and hugely to do with the proliferation of chinese generic manufacturers keeping their factories open for an extra hour each night

16:39:18 nubbins`: how's that different from any other day here :D

16:39:24 assbot: [HAVELOCK] [B.MINE] 2 @ 0.06999 = 0.14 BTC [+]

16:39:42 ThickAsThieves: https://bitcointalk.org/index.php?topic=354636.msg4673358#msg4673358

16:39:44 ozbot: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit

16:39:56 mircea_popescu: herbijudlestoids everything to do with silk road, dude. it's these kids who don't have to work, can't learn as there's no schools, having nothing to do with their time

16:40:08 mircea_popescu: and having bought into this pop=psychology "self-realisation" and "discovery" bs.

16:40:11 Duffer1: i rather look forward to cannabit's updates

16:40:14 mircea_popescu: so they "Experiment" because "experiences"

16:40:52 mircea_popescu: god forbid they experience something irl. lettuce "experiment" shit holed away in our concrete box.

16:40:58 mircea_popescu: "it's all in the mind, dood"

16:41:10 herbijudlestoids: mircea_popescu: youre generalising

16:41:17 herbijudlestoids: overly

16:41:20 mircea_popescu: verily.

16:41:26 ThickAsThieves: i've lost the thread

16:41:31 mircea_popescu: the point needs to be made tho, because no fucking body seems to.

16:41:45 nubbins`: i uh

16:41:49 Apocalyptic: <Skirmant> it was quite obvious that gox is a shitty exchange and you should avoided at all costs

16:41:49 Apocalyptic: <Skirmant> never understood why people were stupid enough to keep using it

16:41:54 Apocalyptic: mircea_popescu, it's happening :)

16:41:58 herbijudlestoids: mircea_popescu: in australia, we got these things called doofs...its a psytrance party in the bush...lots of the attendants match your description to a tee...lots dont

16:41:59 nubbins`: the point you're making is that the lost kids do drugs to try to find meaning

16:42:00 mircea_popescu: Apocalyptic :p

16:42:02 nubbins`: no fucking shit.

16:42:29 herbijudlestoids: i been to some of them, so i know

16:42:36 mircea_popescu: not even. they're trying to find death already, which has been denied them by all the fucking kid safety devices.

16:42:37 ThickAsThieves: find meaning, escape reality

16:42:45 ThickAsThieves: now i'm too slow

16:42:58 mircea_popescu: ;;google time is going by real slow i think we might be dead

16:42:58 gribble: Chill, Officer - Top 10 Non-Emergency 911 Calls - TIME: http://content.time.com/time/specials/packages/article/0,28804,1903486_1903487_1903417,00.html; Microsoft's Xbox One May Be Losing The Console War Due To ...: http://www.forbes.com/sites/insertcoin/2013/12/07/microsofts-xbox-one-may-be-losing-the-console-war-due-to-kinect-alone/; Karen Thompson Walker: What fear can (1 more message)

16:43:01 nubbins`: find third dimension, briefly escape Flatland.

16:43:04 mircea_popescu: what srsly.

16:43:10 nubbins`: sure, you end up flat again

16:43:19 mircea_popescu: www.youtube.com/watch?v=cvct5fgEH_U

16:43:20 nubbins`: but wasn't it eye-opening to see that 3rd dimension?

16:43:28 mircea_popescu: nubbins` nope.

16:43:37 nubbins`: you're saying that because you haven't seen it

16:43:48 mircea_popescu: and if i feel like having sex i don't try to sneak into the sheets of a couple that fucked overnight just as they leave for work, either.

16:43:56 mircea_popescu: if i feel like having depth i GO MAKE THE FUCKING DEPTH

16:44:04 nubbins`: this could just as well be a conversation with a mother saying "but gravy is really good, you should try it" and the kid saying "but i don't like it"

16:44:15 mircea_popescu: no.

16:44:19 nubbins`: "i know i won't like it"

16:44:26 nubbins`: "if i want gravy i'll eat some tomato soup"

16:44:29 assbot: [HAVELOCK] [CBTC] 5000 @ 0.00013399 = 0.67 BTC [+]

16:44:30 assbot: [HAVELOCK] [B.MINE] 4 @ 0.06998999 = 0.28 BTC [-] {2}

16:44:33 mircea_popescu: it'd be convenient if this could be stereotypically reduced to that, because you have a lot of experience with that stereotype

16:44:38 mircea_popescu: but it isn't in any way that.

16:44:48 nubbins`: so i really thought i didn't like gravy. sue me!

16:44:59 mircea_popescu: i ain't about to, what do you got to make things personal for.

16:45:12 mircea_popescu: go do whatever the fuck you feel like

16:45:21 mircea_popescu: just don't come tellin' me how central the margin is that's all.

16:45:37 nubbins`: thanks dad, but can you sign the permission slip? teacher says

16:45:41 herbijudlestoids: nubbins`: i think its very easy to not bring anything back to flatland...hard work to "bring something back"...to learn a lesson

16:45:58 mircea_popescu: ow fuck me. there is no lesson

16:46:05 nubbins`: ^ that's the lesson

16:46:10 mircea_popescu: incredible what a broken fucking tool the mind is.

16:46:20 nubbins`: on that we can agree

16:47:09 nubbins`: herbijudlestoids: well, it's just as easy to have a bunch of fun than to learn something

16:47:26 mircea_popescu: romanian makes the distinction between fun and diversion

16:47:30 mircea_popescu: in that it calls both "diversion"

16:47:42 mircea_popescu: i think it actually serves better than calling both "fun"

16:47:44 nubbins`: just because you're in your desk, in school, doesn't mean you're doing math problems instead of doodling monsters

16:48:22 nubbins`: just because you can no longer distinguish the border between your mind and the outside world doesn't mean you're having an epiphany

16:49:04 nubbins`: but, y'know, some kids actually do the math, and are sort of confused when someone tells them "school is just for horsing around anyway"

16:49:39 herbijudlestoids: mircea_popescu: i learned about many personal flaws and managed to correct some "in flatland", permanently. other flaws, still there

16:49:44 nubbins`: mircea_popescu: well sure, lots of diversions aren't particularly fun :D

16:50:00 mircea_popescu: herbijudlestoids lemme tell you a story. a freind of mine had a dumbass father.

16:50:15 mircea_popescu: one day that dumbass father destroyed the family car, by the process of pushing the gas all the way with the hand brake engaged.

16:50:18 mircea_popescu: over about half an hour.

16:50:31 mircea_popescu: he confessed he learned a valuable lesson from this experience :

16:50:38 mircea_popescu: "never again am i using that fucking handbrake"

16:50:58 ThickAsThieves: pretty realistic appraoch

16:51:12 mircea_popescu: pure empirism.

16:51:28 punkman1: I think most languages don't have a word for "fun"

16:51:56 nubbins`: i can only speak from personal experience

16:51:59 mircea_popescu: <nubbins`> just because you're in your desk, in school, doesn't mean you're doing math problems instead of doodling monsters <<< on re-read i suspect this is highly autobiographical

16:52:06 herbijudlestoids: so the analogy youre trying to make is everything i learned was "dont be stupid" and i couldve just figured that out sober?

16:52:09 mircea_popescu: we can only hope mom nubbins isn't ever getting into -assets logs.

16:52:35 mircea_popescu: herbijudlestoids the analogy i'm making is that what you think you've learned and the dataset you imagine you rely on are about as related as my girlfriend and your sister.

16:52:37 assbot: [MPEX] [S.MPOE] 8817 @ 0.00086841 = 7.6568 BTC [+] {2}

16:52:50 herbijudlestoids: i keep telling you i dont have a sister lol

16:52:57 nubbins`: i know plenty of strung-out druggies who float through life with sullen looks and dull eyes

16:53:07 mircea_popescu: omg my formally perfect expression, attacked on empiricist grounds!

16:53:14 mircea_popescu: i don't have a girlfriend! so there!

16:53:21 nubbins`: heh ^

16:53:25 herbijudlestoids: that is what you said last time

16:53:34 mircea_popescu: if anyone does some !b1 bs on that ima haunt you

16:53:58 Duffer1: :P

16:54:05 mircea_popescu: speaking of which, i watched some mae west movie recently. you ever seen these things ? they're so much lol.

16:54:19 mircea_popescu: but anyway, girl sitting on piano : "ever since i first heard this tune it haunts me"

16:54:26 herbijudlestoids: i dun even know what im trying to convince you of really...its 4am and i paused the movie for a sec and saw people talking about salvia

16:54:27 mircea_popescu: pianist : "it should haunt you, you murdered it."

16:54:34 nubbins`: hah

16:54:52 nubbins`: enjoy your flick

16:54:57 nubbins`: anyway, i got off track

16:55:01 nubbins`: i can only speak from personal experience

16:55:01 mircea_popescu: watch the flick be all about potheads.

16:55:07 Duffer1: altcoins?

16:55:10 herbijudlestoids: its enders game

16:55:14 mircea_popescu: nubbins` something that's not reproducible is NOT experience.

16:55:20 mircea_popescu: calling it "personal" doesn't save it.

16:55:21 punkman1: ender's game was fucking horrible

16:55:41 Apocalyptic: <herbijudlestoids> so the analogy youre trying to make is everything i learned was "dont be stupid" and i couldve just figured that out sober? // people like to believe so, cause the thing is much more special and powerfull if achieved under those circumstances than banal thinking

16:55:41 nubbins`: mircea_popescu: so the twin towers falling wasn't an experience?

16:55:50 mircea_popescu: twin towers failing is reproducible

16:55:52 nubbins`: anyway, who says shit isn't reproducible?

16:55:59 nubbins`: i can take some lsd right now if i like

16:56:08 mircea_popescu: i didn't say it isn't. i said if it isn't then it's not.

16:56:12 mircea_popescu: uh.

16:56:14 ThickAsThieves: hehe

16:56:18 mircea_popescu: you're confusing everything with everything, wtf.

16:56:28 nubbins`: i'm driving the conversation here!

16:56:45 mircea_popescu: so release the brake, ikt's going all over the place.

16:57:02 ThickAsThieves: my car!

16:57:14 mircea_popescu: i am not fraudsters-bashing all this.

16:57:18 nubbins`: brake? we're both doing donuts in a parking lot

16:57:35 nubbins`: shouting at each other through the windows over the screeching and smoke

16:57:40 ThickAsThieves: NSA is gonna think we're talking code at this point

16:57:47 mircea_popescu: somewhere in a nsa psych lab somewhere they're screening all this right now

16:57:51 nubbins`: twist: we ARE talking code

16:57:52 ThickAsThieves: too slow!

16:57:54 mircea_popescu: going "the ill effects of drugz"

16:58:03 mircea_popescu: o may farkin gawd

16:58:38 ThickAsThieves: :)

16:58:48 nubbins`: anyway, ego death, interesting experience

16:58:54 nubbins`: and i think i'm done

16:59:03 mircea_popescu: just you wait till proper age brings you penis death

16:59:07 mircea_popescu: i hear it's even interestinger.

16:59:17 nubbins`: will my penis come back with increased self-awareness?

16:59:26 mircea_popescu: yeah. and it'll live in your butt.

16:59:33 nubbins`: i don't want that D:

16:59:34 kakobrekla: careful not to damage your chi

16:59:43 mircea_popescu: kakobrekla it's normally spelled choad.

16:59:44 assbot: [HAVELOCK] [B.MINE] [PAID] 0.77985399 BTC to 813 shares, 95923 satoshi per share

16:59:44 nubbins`: kakobrekla: just don't send me all your btc, then

17:00:25 Duffer1: mention snowden a few times just to make sure someone reads it

17:00:31 nubbins`: snowden

17:00:37 ThickAsThieves: I saw Snowden

17:00:41 nubbins`: me too

17:00:44 Duffer1: hehe

17:00:46 nubbins`: he gave me a trove of secret docs

17:00:51 Duffer1: oh lawd

17:00:52 nubbins`: i'm going to embed them in the blockchain

17:00:59 mircea_popescu: so for the record : any of the resident experimentalists can tell the difference between sweet and sour crude ?

17:01:03 ThickAsThieves: i wash my ass with lists, there are so many!

17:01:04 mircea_popescu: cause those'd be new fucking colors right there.

17:01:25 nubbins`: mircea_popescu: there was an episode of trailer park boys where they discussed identifying fuel by flavor

17:01:34 mircea_popescu: i can, for instance.

17:02:23 ThickAsThieves: whether the dinosaur at pineapples or not?

17:02:28 kakobrekla: ;;google tpb fuel taste

17:02:29 mircea_popescu: not quite

17:02:29 gribble: Trailer Park Boys - Ricky Explains Gas Siphoning to Cory and Trevor ...: http://www.youtube.com/watch?v=RXtePW4v8zs; Trailer Park Boys - Fun Facts and Information - Fun Trivia: http://www.funtrivia.com/en/Television/Trailer-Park-Boys-10031.html; Primal fuel | Mark's Daily Apple Health and Fitness Forum page: http://www.marksdailyapple.com/forum/thread99397.html

17:02:40 nubbins`: "Regular is kind of tangy, supreme is kind of sour, and diesel actually tastes pretty good"

17:02:47 mircea_popescu: but anyway, an ability to grade crude with your mouth is actually a valuable skill.'

17:02:54 mircea_popescu: how come you passed on THAT color ffs.

17:03:06 nubbins`: you're talking about identifying colors by taste

17:03:11 nubbins`: are you SURE you've never done lsd?

17:03:16 Asa9: lol

17:03:18 ThickAsThieves: he's colorblind

17:03:24 nubbins`: ooh, a second twist

17:03:31 mircea_popescu: i never said i didn't do anything. what i said was the entire derpage is stupid.

17:03:36 mircea_popescu: there be a difference.

17:03:40 mike_c: i've heard mainlining heroin produces nice colors

17:03:59 kakobrekla: mains socket aint bad either

17:03:59 nubbins`: i need to plug this computer in and eat lunch

17:04:10 nubbins`: kakobrekla, electricity is grey

17:04:14 nubbins`: in my experience

17:04:25 mike_c: mains socket produces mostly black in my experience

17:04:27 mircea_popescu: apparently experimental-nubbins is colorblind

17:04:44 nubbins`: 120V, 240 may be a different color

17:04:59 mircea_popescu: it's not the voltage, it's the total current.

17:05:20 mircea_popescu: here's a fun experiment to teach young girls physics in a pleasant manner :

17:05:41 nubbins`: not sure of the current, there were some components between the mains and my hand

17:05:42 mircea_popescu: buy one of those stepped transformers, 1.5 to 12 V, then shove a metal dildo and touch them with the other side.

17:05:55 mircea_popescu: they'll burn the same at all the steps, from 1.5 to 12, and therein learn a valuable lessons.

17:05:59 ThickAsThieves: only major electric shock ive seen is when our bass player grabbed a copper pipe in the basement practice space while bullshitting. he wasn't grounded properly and ended up ripping the whole pipe out because of the shock forcing his grip

17:06:13 nubbins`: heh, yipes

17:06:18 nubbins`: rubber mats!

17:06:22 ThickAsThieves: electified stings and mics suck

17:06:33 ThickAsThieves: +r

17:06:42 mircea_popescu: mircs ?

17:06:52 nubbins`: i'm wondering if the r goes in electified or stings

17:06:54 ThickAsThieves: relectified

17:06:57 nubbins`: heh

17:07:05 nubbins`: OK LUNCH

17:07:09 mircea_popescu: electi-fried.

17:08:53 assbot: [MPEX] [S.MPOE] 7950 @ 0.00086719 = 6.8942 BTC [-] {3}

17:09:48 mircea_popescu: and in closing,

17:09:49 mircea_popescu: http://24.media.tumblr.com/tumblr_mdzwajsFOZ1ru15g3o1_1280.jpg

17:15:36 phish: so did that guy who did the put option lose 2k btc?

17:15:39 phish: or how does that work

17:16:07 mircea_popescu: phish lost a bunch for sure, as the rate went low

17:16:33 mike_c: did he get excercised? put the microphone next to the speaker!

17:17:01 mircea_popescu: does your rate hang low, can you tie it in a bow...

17:17:05 mike_c: hehe

17:17:36 ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/02/07/bitcoin-suffers-another-snafu/?mod=MarketsMain

17:17:37 mircea_popescu: mike_c if you think about it, it makes no sense to exercise while the spot is below 24 hour ago spot.

17:17:46 ThickAsThieves: This is still a Wild West kind of environment,” Casey said on the show, while noting that episodes like this can happen periodically as none of the exchanges are regulated by the SEC.

17:18:04 mircea_popescu: ThickAsThieves right-o, because otherwise they can't.

17:18:20 mike_c: best remix

17:18:22 mike_c: http://www.youtube.com/watch?v=3sZtd3o2kek

17:18:32 mircea_popescu: funny how the idiots who scream about "deflationary" "undue advantage to first movers"

17:18:37 mircea_popescu: then turn around and scream about prices dropping

17:19:03 assbot: [HAVELOCK] [SFI] 301 @ 0.0008151 = 0.2453 BTC [-]

17:19:04 assbot: [HAVELOCK] [B.SELL] 9 @ 0.12976666 = 1.1679 BTC [-] {3}

17:19:17 mircea_popescu: you fuckwit parade! this is your chance.

17:19:46 ThickAsThieves: yep

17:20:04 assbot: [HAVELOCK] [CBTC] 2000 @ 0.000134 = 0.268 BTC [+]

17:20:20 the20year: and withdrawls from gox weren't stopped earlier?

17:20:24 mircea_popescu: maybe for some people drugs would be enlightening.

17:20:33 mircea_popescu: at any rate their present state could in no way be harmed.

17:20:47 ThickAsThieves: even better,

17:21:13 ThickAsThieves: drugs beget random behavior, which is mor elikely to have good results than always idiot behavior

17:21:34 mircea_popescu: who wants to be my designated altcoin broker ?

17:21:42 mircea_popescu: pankkake ? ThickAsThieves ?

17:21:48 ThickAsThieves: i thought you had one?

17:21:52 mircea_popescu: i did ?

17:21:56 ThickAsThieves: long ago

17:21:58 mike_c: vexual is drunk half the time

17:22:12 mircea_popescu: i have all sorts of brokers ofr all sorts of things

17:22:15 mircea_popescu: but this altcoin thing is new.

17:22:48 ThickAsThieves: i probly shouldnt offer, i'm already neglecting things

17:23:09 mircea_popescu: well if you're gonna neglect it then you defo shouldn't.

17:23:26 herbijudlestoids: well, that was a poor movie

17:23:29 herbijudlestoids: so much potential

17:24:01 herbijudlestoids: i am starting a new altcoin called herbijudlestoidscoin

17:24:12 herbijudlestoids: its serves the role of altcoin with a long name

17:24:19 mircea_popescu: not long enough

17:24:20 ThickAsThieves: i wonder if WSJ knows what snafu means

17:24:27 mircea_popescu: ThickAsThieves or any other word.

17:24:30 ThickAsThieves: do they publih swears?

17:25:09 assbot: [HAVELOCK] [B.SELL] 1 @ 0.130001 BTC [+]

17:25:57 ThickAsThieves: https://twitter.com/WSJ/status/431594986782855168

17:26:08 ThickAsThieves: icahn did it!

17:26:29 ThickAsThieves: "Breaking: Apple repurchases $14 billion of own shares in two weeks: CEO Cook"

17:26:39 mircea_popescu: well they gotta do something with the cash

17:26:50 mircea_popescu: and the way the us is going... they ain't repatriating that shit.

17:27:08 herbijudlestoids: "cash"

17:27:16 mike_c: you think they can use foreign money to repurchase shares?

17:27:22 mircea_popescu: mike_c why not ?

17:27:39 mircea_popescu: i use "foreign" money to purchase shares all the time.

17:27:41 mike_c: hm. b/c they are a us company. seems fishy

17:28:03 mike_c: yes, but you aren't evading us taxes by doing so

17:28:08 mircea_popescu: tell it to the structuring consultants.

17:28:27 herbijudlestoids: mike_c: its listed on france euronext too

17:28:30 mike_c: i thought they could only purchase foreign companies (like skype) with that maoney

17:28:37 mircea_popescu: according to whom ?

17:28:53 mircea_popescu: money is money, you can purchase whatever you want with it.

17:28:59 mike_c: heh. tell that to the irs

17:29:02 mircea_popescu: not like it's a permission slip from the white house.

17:29:12 mircea_popescu: mike_c i dunno why you think the irs is important in this discussion.

17:29:14 assbot: [HAVELOCK] [B.SELL] 4 @ 0.13200048 = 0.528 BTC [+] {2}

17:29:25 mircea_popescu: they're the equivalent of the 4th grade bully. only there to scare the small biz owners.

17:30:14 assbot: [HAVELOCK] [B.SELL] 1 @ 0.13399998 BTC [+]

17:30:15 assbot: [HAVELOCK] [AM100] 789 @ 0.00488139 = 3.8514 BTC [+] {14}

17:30:20 mike_c: hm. then why all the ireland tax evasion bs. you still have to jump some hoops to avoid them.

17:30:28 mircea_popescu: well sure.

17:30:54 mircea_popescu: but in the end, the "because i say so, that's why" side of the discussion is apple and hsbc,

17:30:57 ThickAsThieves: path of least resisteance

17:30:58 mircea_popescu: not the us or irish govt.

17:31:05 ThickAsThieves: -e

17:31:53 mircea_popescu: http://www.breakingnews.ie/ireland/painter-just-never-bothered-to-pay-tax-612441.html for teh lulz

17:32:19 mike_c: they got wesley snipes. and he can kill vampires.

17:32:54 mircea_popescu: but he's still a small business owner.

17:34:41 ThickAsThieves: i think the accounting burden for small business is retarded

17:34:53 ThickAsThieves: tax-wise

17:35:54 mircea_popescu: the very notion that the affairs of the state shall be imposed upon third parties is beyond outrageous.

17:36:20 assbot: [HAVELOCK] [PETA] 5 @ 0.04800008 = 0.24 BTC [+]

17:37:04 mircea_popescu: irs wants to keep accounting, let it hire accountants and pay for them.

17:37:05 ThickAsThieves: here you must collect both fed and state tax from your customers, then make paperwork showing the details, and if you are late you get a fee

17:37:24 ThickAsThieves: monthly

17:38:08 ThickAsThieves: not sure if its any different elsewhere

17:38:17 mircea_popescu: notrly.

17:38:40 ThickAsThieves: does that make small biz government employees?

17:38:49 mircea_popescu: originally they piggibacked on the notion that "well... but you keep your books anyway" and "if you're honest you don't mind sharing"

17:38:56 ThickAsThieves: rather all people

17:38:58 ThickAsThieves: i guess

17:39:01 mircea_popescu: soon enough it devolved into "books must be kept this way because it's more convenient for us"

17:39:15 mircea_popescu: and im like... fuck you, what do i care waht's convenient for you. i'm paying for it.

17:39:23 assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]

17:39:46 herbijudlestoids: there is some weird shit listed in the -otc list of things

17:39:47 Duffer1: actually the irs wants to allow a free automated tax service but turbo tax and hr block have spent millions to successfully lobby against it

17:40:11 ThickAsThieves: automated?

17:40:13 ThickAsThieves: just remove it

17:40:34 mircea_popescu: how hard can it be. publish a bitcoin donation address.

17:40:41 ThickAsThieves: sort out one tax

17:40:42 mircea_popescu: people want your service, you may get some donations.

17:40:47 mircea_popescu: you don't get any donations... go home.

17:41:21 mircea_popescu: i'm looking forward to headlines like "donations dry spell causes government shut down"

17:41:28 herbijudlestoids: le

17:41:29 mircea_popescu: instead of the ridiculous bs going on currently.

17:41:29 herbijudlestoids: l

17:41:40 mircea_popescu: as if i give a shit what X dork said on any topic.

17:41:44 pankkake: mircea_popescu: what is an altcoin broker?

17:42:02 mircea_popescu: pankkake you keep my cash and my books for that altcoin

17:42:26 assbot: [MPEX] [S.MPOE] 2950 @ 0.00086931 = 2.5645 BTC [+]

17:42:26 assbot: [HAVELOCK] [AM100] 238 @ 0.0052152 = 1.2412 BTC [+] {9}

17:42:35 pankkake: why not

17:42:41 pankkake: but it's open source now

17:42:45 mircea_popescu: aite, address ?

17:42:53 mircea_popescu: open source it may be, but i'm in finance not in tech.

17:43:27 assbot: [HAVELOCK] [AM1] 7 @ 0.51998 = 3.6399 BTC [+] {3}

17:43:28 assbot: [HAVELOCK] [B.MINE] 9 @ 0.07097775 = 0.6388 BTC [+] {3}

17:43:47 pankkake: 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E

17:43:52 mircea_popescu: hahaha cool.

17:44:40 ThickAsThieves: it's too bad there's no many in vanity addresses

17:44:42 ThickAsThieves: money

17:44:53 mircea_popescu: that mp wasn't coincidental was it ?

17:45:05 pankkake: I vanity generated it

17:45:19 mircea_popescu: ThickAsThieves i imagine as brokerages develop they'll keep a vanity gen side.

17:45:23 pankkake: actually, some people pay for vanity addresses, for the long ones

17:46:01 mircea_popescu: pankkake since you're loaded in, what's the chain reports ? diff ? blocks ?

17:46:42 benkay: buenos dias amigos

17:47:00 mircea_popescu: la puerta esta abierta

17:47:09 ThickAsThieves: hola

17:47:32 assbot: [HAVELOCK] [B.SELL] 1 @ 0.13399998 BTC [+]

17:47:35 pankkake: "difficulty" : 62719.43923596

17:47:44 pankkake: "blocks" : 16255

17:47:53 pankkake: I don't think new miners are coming

17:47:54 mircea_popescu: so no power of 4 huh.

17:48:01 pankkake: yeah… :(

17:48:42 benkay: la piscina esta cerrada

17:48:46 Apocalyptic: what's the market cap so far ?

17:48:49 mircea_popescu: a well. good run

17:48:55 mircea_popescu: http://www.youtube.com/watch?v=xqkC812onnk

17:49:29 pankkake: 16255*512*some hundred satoshis

17:50:06 jcpham: so people actually had coins in mtgox

17:50:14 jcpham: waiting on some massive selloff

17:51:22 mircea_popescu: jcpham it boggles. next thing we'll discover people actually invested into mcxnow.

17:51:35 assbot: [HAVELOCK] [AM100] 98 @ 0.00532006 = 0.5214 BTC [+] {2}

17:51:36 assbot: [HAVELOCK] [AM1] 1 @ 0.51999891 BTC [+]

17:51:57 Apocalyptic: http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/cf9ct0o

17:51:57 Apocalyptic: derp

17:53:04 mircea_popescu: "I was told that up until a few weeks [at time of the interview] ago, there was hardly any development environment to test changes. Most changes were done straight on the production environment."

17:53:10 mircea_popescu: this was news to reddit ? lol

17:55:49 mircea_popescu: herbijudlestoids by the way, i checked out s1e1 of curb your enthusiasm

17:55:55 mircea_popescu: do you have ANY IDEA how bad that show is ?

17:55:58 ThickAsThieves: so bad

17:56:00 ThickAsThieves: so so bad

17:56:04 mircea_popescu: seriously, unfunny old derps sitting around whining ?

17:56:12 mircea_popescu: "reality tv" style cinematographics ?

17:56:31 mircea_popescu: basically, larry david was the rock holding down seinfeld. once they got rid of him the show noticeably improved.

17:56:39 mircea_popescu: compare s1-2-3 with 6-7-8

17:56:41 assbot: [MPEX] [S.MPOE] 10600 @ 0.00086438 = 9.1624 BTC [-]

17:56:41 assbot: [HAVELOCK] [B.SELL] 3 @ 0.13399998 = 0.402 BTC [+]

17:57:15 mircea_popescu: ThickAsThieves seriously, it's unwatchable. it's like office cctv with sound.

17:57:45 ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/02/07/central-bank-of-cyprus-does-not-like-bitcoin/?mod=WSJBlog

17:58:06 mircea_popescu: ThickAsThieves i take it the fuckit neobee ceo is all over this rite.

17:58:53 ThickAsThieves: well i know the banks know he exists

17:59:12 ThickAsThieves: no black vans at his house yet though

17:59:30 ThickAsThieves: did you see the tv ads?

18:00:44 assbot: [HAVELOCK] [RENT] 362 @ 0.0055 = 1.991 BTC {5}

18:00:45 assbot: [HAVELOCK] [B.SELL] 17 @ 0.13399998 = 2.278 BTC [+]

18:01:01 ThickAsThieves: i wouldnt be surprised if this is just the beginning of negative PR on bitcoin fron cyprus banks

18:01:45 assbot: [HAVELOCK] [RENT] 93 @ 0.0055 = 0.5115 BTC {2}

18:02:07 mike_c: ^ congrats the20year

18:02:23 the20year: joy

18:02:46 assbot: [HAVELOCK] [RENT] 430 @ 0.0055 = 2.365 BTC

18:03:18 benkay: havelock doesn't report tick direction to assbot?

18:03:21 benkay: lame.

18:03:28 Duffer1: it's ipo

18:03:42 Duffer1: there's no +/- yet

18:03:47 assbot: [HAVELOCK] [RENT] 101 @ 0.0055 = 0.5555 BTC {2}

18:04:25 benkay: ah

18:04:48 assbot: [HAVELOCK] [RENT] 110 @ 0.0055 = 0.605 BTC {2}

18:04:50 herbijudlestoids: mircea_popescu: haha

18:04:58 benkay: in any event, we now have a test case for "you can raise it but you can't spend it".

18:05:13 herbijudlestoids: well in my mind its no argument that seinfeld is better, but i enjoyed curb your enthusiasm

18:05:19 herbijudlestoids: and with that, its 0505, bedtime

18:05:27 herbijudlestoids: gnight fellows, have a loverly weekend

18:06:05 asciilifeform: re: hallucinogen: http://img0.joyreactor.cc/pics/post/%D0%BF%D0%B5%D1%81%D0%BE%D1%87%D0%BD%D0%B8%D1%86%D0%B0-quotes-786200.jpeg (translation: most often, the words 'you ought to try everything in life' refer to dope and porn acting, but much more rarely to quantum physics and chemistry'

18:06:31 benkay: cye is everything that is wrong with america

18:06:50 assbot: [HAVELOCK] [RENT] 605 @ 0.0055 = 3.3275 BTC {3}

18:06:53 ThickAsThieves: i enjoy being a serial journeyman

18:07:00 pLambert: I've done quantum physics and chemistry

18:07:41 pLambert: so, any guesses on how far RENT is going to fall once trading goes active in a couple hours?

18:07:52 assbot: [HAVELOCK] [B.SELL] 2 @ 0.135 = 0.27 BTC [+] {2}

18:09:03 mike_c: trading goes active before the ipo is over?

18:09:35 benkay: is anyone offering RENT for shorting?

18:09:53 assbot: [HAVELOCK] [B.EXCH] 37 @ 0.19376446 = 7.1693 BTC [+]

18:10:37 pLambert: wait, I misread it, I thought it said trading owuld poen soon, actually just IPO is open

18:11:21 ThickAsThieves: soon is always yet to happen

18:11:25 mircea_popescu: asciilifeform amen.

18:12:20 mircea_popescu: molecular chemistry to be precise.

18:12:38 benkay: bah ipos

18:15:28 asciilifeform: confession: at one point when i was younger, i did succumb to the temptation to replicate various soviet experiments and put current through my brain.

18:15:52 mircea_popescu: lol the plasticity of brain stuff ?

18:15:58 mike_c: and that's when the design for cardano came to you?

18:15:59 assbot: [HAVELOCK] [RENT] 70 @ 0.0055 = 0.385 BTC

18:16:05 mircea_popescu: why not put current through your sister's brain like sane people.

18:16:11 asciilifeform: electronic inducement of stage 4 sleep

18:16:12 Duffer1: tcdcs?

18:16:33 Duffer1: ah

18:17:00 assbot: [HAVELOCK] [B.MINE] 10 @ 0.071 = 0.71 BTC [+]

18:17:11 Duffer1: ;;google transcranial direct current stimulation

18:17:11 gribble: Transcranial direct-current stimulation - Wikipedia, the free ...: http://en.wikipedia.org/wiki/Transcranial_direct-current_stimulation; FOC.US - transcranial direct current stimulation for gamers: http://www.foc.us/; tDCS and rTMS: Is brain stimulation safe and effective? - Slate: (1 more message)

18:17:36 asciilifeform: and yes, it's 'fashionable' now, silicon valley wankers sell various gadgets

18:18:01 assbot: [HAVELOCK] [B.MINE] 7 @ 0.07168571 = 0.5018 BTC [+] {3}

18:18:14 asciilifeform: can't recommend it. but your mileage may vary.

18:18:20 mircea_popescu: 70s hair was fashionable too

18:18:48 Mats_cd03: is 'poop shoe' a reasonable pronunciation

18:19:04 ThickAsThieves: obv

18:19:11 Mats_cd03: .bait

18:19:13 ozbot: http://25.media.tumblr.com/tumblr_m2r55eeTWP1r2mc2eo1_1280.jpg

18:19:14 benkay: placebo?

18:19:21 ThickAsThieves: mercy poopshow

18:19:29 ThickAsThieves: poopshoe*

18:19:29 jayk: bob dylan's hair is pretty static

18:19:34 ThickAsThieves: the roman vampire

18:19:46 Mats_cd03: thats a gud one

18:19:58 Mats_cd03: the bait photo anyway

18:20:11 jayk: lot of boobie pics here

18:20:20 ThickAsThieves: welcome to the internet

18:20:22 jayk: hehe

18:20:31 jayk: at least i dont have to uudecode them anymore

18:21:01 mircea_popescu: mirˈt͡ʃe̯a poˈpes.ku

18:21:04 assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC

18:22:16 mircea_popescu: and those are splendeed teats.

18:24:07 assbot: [MPEX] [S.MPOE] 8050 @ 0.00086566 = 6.9686 BTC [+]

18:25:08 assbot: [HAVELOCK] [RENT] 370 @ 0.0055 = 2.035 BTC {2}

18:25:09 assbot: [MPEX] [S.MPOE] 12250 @ 0.00086881 = 10.6429 BTC [+] {3}

18:25:09 mircea_popescu: http://uk.reuters.com/article/2014/02/04/uk-britain-forex-fca-idUKBREA130KP20140204

18:25:10 ozbot: UK watchdog says forex probe to stretch into 2015

18:26:04 Mats_cd03: i worked with .mil networking equipment the other day

18:26:10 assbot: [HAVELOCK] [B.EXCH] 5 @ 0.19376446 = 0.9688 BTC [+]

18:26:20 Mats_cd03: and the front-end for a satellite dish was running vb6

18:26:35 Mats_cd03: lowest bidder strikes again

18:26:49 mircea_popescu: basically the libor was a scam, the forex is a scam too. fiat is about as bad as bitcointalk

18:27:15 asciilifeform: Mats_cd03: surprised? 'minuteman' runs on VAX.

18:27:43 Mats_cd03: i like vax features a lot

18:27:58 Mats_cd03: real good for its time

18:29:12 assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]

18:29:15 benkay: ;;calc 78534 * 0.0055

18:29:15 gribble: 431.937

18:29:47 benkay: ;;ticker

18:29:47 gribble: MtGox BTCUSD ticker | Best bid: 760.00003, Best ask: 767.36952, Bid-ask spread: 7.36949, Last trade: 760.0, 24 hour volume: 46240.65512575, 24 hour low: 651.70976, 24 hour high: 855.0, 24 hour vwap: 733.76646

18:30:17 benkay: wat

18:30:24 benkay: ;;calc 78534 * 0.0055 * 750

18:30:24 gribble: 323952.75

18:31:10 mike_c: that's the first block. something like 220k total (shares)

18:31:14 assbot: [HAVELOCK] [B.MINE] 10 @ 0.071 = 0.71 BTC [-]

18:32:10 mike_c: "we are releasing a total of 228,534 additional units at .0055btc per share"

18:32:56 the20year: That's likely the only block

18:33:28 mircea_popescu: i guess this is an interesting test for havelock, because if the kid now fails to buy properties worth whatever he supposedly got from the ipo the difference will have to somehow be explained.

18:33:33 the20year: I might consider 25k or 50k additional shares on ciphertrade just to test the platform out, but likely there won't be another round of share-type funding, 1.125m is our goal from this round and if we hit it we should be able to get the portfolio access I want

18:33:49 mircea_popescu: pretty difficult to fake land deeds (not to mention felonious)

18:34:04 the20year: Yeah, that's just not possible with the local government

18:34:17 assbot: [HAVELOCK] [CBTC] 9244 @ 0.00013225 = 1.2225 BTC [-]

18:34:22 the20year: even moreso when everything is not only filed with the county, put online, but everything we buy has a title company certification letter too

18:35:18 assbot: [MPEX] [S.MPOE] 9500 @ 0.00086828 = 8.2487 BTC [-]

18:36:57 benkay: i'm interested to see what happens when divs fail to match btc appreciation.

18:37:17 mircea_popescu: well so far btc is depreciating.

18:37:20 assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC

18:37:52 Duffer1: pretty much the same things that's happened to most assets

18:37:56 mircea_popescu: !t h rent

18:37:57 assbot: [HAVELOCK:RENT] 1D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC), 7D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC), 30D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC)

18:38:18 mircea_popescu: course.... where you got the 78k from ? or what am i misunderstanding here ?

18:38:36 kakobrekla: btc is now worth 7k

18:38:54 Duffer1: 78k units offered i think

18:38:58 mircea_popescu: a

18:40:00 benkay: that

18:41:14 asciilifeform: http://www.theinquirer.net/inquirer/news/2327327/net-neutrality-battle-begins-as-verizon-appears-to-throttle-netflix

18:41:15 ozbot: Net Neutrality battle begins as Verizon appears to throttle Netflix- The Inquirer

18:41:23 the20year: benkay: that's a risk investors take, otherwise it only makes sense to invest in things that are like BTC exchanges, options ,ect

18:41:24 assbot: [HAVELOCK] [B.MINE] 8 @ 0.071 = 0.568 BTC [-]

18:42:01 ThickAsThieves: In a live support chat with a Verizon representative, Raphael asked if there was any throttling of websites hosted by Amazon Web Services (AWS), which include Netflix, and was told, "Yes, it is limited bandwidth to cloud providers."

18:42:02 the20year: 78k shares of stock at .0055btc/ea , so if those sell out we have $321k in cash

18:42:03 benkay: ipo page shows 48953 units outstanding, havelock announcement email mentions 78534. what the ever loving fuck.

18:42:14 ThickAsThieves: Verizon has denied this to be true

18:42:17 the20year: We had shares already issued prior to the IPO

18:42:17 ThickAsThieves: fwiw

18:43:06 benkay: it's not a risk, it's a certainty.

18:43:10 benkay: like a perpetual mining bond's value going to zero.

18:43:12 mircea_popescu: lag ?

18:43:25 ThickAsThieves: benkay that is not certain

18:43:26 assbot: [HAVELOCK] [RENT] 432 @ 0.0055 = 2.376 BTC

18:43:52 Duffer1: the likelyhood is very high

18:44:01 ThickAsThieves: only cuz scammers

18:44:09 the20year: of BTC increase?

18:44:10 ThickAsThieves: other wise pmb can hit zero

18:44:15 ThickAsThieves: cant

18:44:28 assbot: [HAVELOCK] [RENT] 443 @ 0.0055 = 2.4365 BTC

18:44:38 the20year: I think long term the growth will be fantastic, but i was also called a idiot when btc was at $1250 trying to get more shares sold for fresh capital because they expected btc to hit $2k or $3k in just a few weeks

18:45:15 the20year: The big thing we offer is a effective BTC short, since we're primarily denominated, and a opportunity to get reasonable gains in fiat

18:45:40 benkay: you expect to convince me the difficulty will decrease.

18:45:46 mike_c: effectiveness is dependent on liquidity on havelock though.

18:45:49 mircea_popescu: ThickAsThieves nah, because electricity.

18:46:05 mircea_popescu: most mining units by count are underwater today, because of the cost of elec.

18:46:07 ThickAsThieves: not for TAT.VM

18:46:10 ThickAsThieves: hehe

18:46:29 assbot: [HAVELOCK] [PETA] 3 @ 0.04800007 = 0.144 BTC [-]

18:46:31 ThickAsThieves: of course that never hit zero anyway

18:46:37 the20year: buyahash's dividend has done pretty decently, but their big benefit was a foray into equipment sales

18:46:59 asciilifeform: mircea_popescu: most mining units... underwater... cost of elec. << except for botnets

18:47:59 ThickAsThieves: and yes, mining diff will decrease someday

18:48:07 mircea_popescu: botnets are also underwater for btc mining, same reason

18:48:24 ThickAsThieves: if not cuz elec, or such, then cuz Altcoin

18:48:26 mircea_popescu: they do have a cost, even if you're not paying the elec. cost of opportunity in that case.

18:48:49 ThickAsThieves: more profitable to help SETI

18:49:08 ThickAsThieves: maybe aliens bring quantum miners

18:49:51 mircea_popescu: maybe they bring really good drugs.

18:50:17 ThickAsThieves: oh the experiences we'll have!

18:51:05 asciilifeform: the situation re: botnets is interesting. mining remains the only way to monetize a crapnet without dealing with humans

18:51:15 asciilifeform: (actual competence / contacts in black market)

18:51:41 asciilifeform: afaik they've mostly switched to altcoins now

18:51:44 benkay: alien drugs!

18:51:47 benkay: i'm in.

18:51:58 asciilifeform: (in fact, i'd be surprised if this weren't the primary mining force there)

18:52:04 Duffer1: nighborg wtb

18:52:35 assbot: [HAVELOCK] [RENT] 30 @ 0.0055 = 0.165 BTC {3}

18:53:11 ThickAsThieves: http://www.theverge.com/2014/2/7/5390164/plane-makes-emergency-landing-failed-hijacking-attempt

18:53:12 ozbot: Plane grounded after failed hijacking attempt | The Verge

18:53:32 asciilifeform: http://wonkette.com/541474/mcgruff-the-crime-dog-likes-to-get-hiiiiigh

18:53:33 ozbot: McGruff The Crime Dog Likes To Get Hiiiiigh

18:53:36 assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC

18:54:27 Kushedout: http://redd.it/1xag2n

18:54:37 assbot: [HAVELOCK] [AM100] 99 @ 0.00532005 = 0.5267 BTC [-] {2}

18:54:38 assbot: [HAVELOCK] [AM1] 1 @ 0.51989996 BTC [-]

18:55:00 benkay: the20year: how long do you expect this IPO to take?

18:56:51 ThickAsThieves: "The company has asked a French court to suspend this order while it appeals the CNIL's decision and fine, but the CNIL insists that if Google can promote its own services on the homepage, it can also publish the news of the sanctions."

18:57:14 mircea_popescu: <asciilifeform> afaik they've mostly switched to altcoins now << the scrypt coins yeah.

18:57:17 the20year: I'd say at most 45 days

18:57:29 mircea_popescu: that shit i always found hysterical. man with a computer wants to matter.

18:57:35 mircea_popescu: he wants this LEGISLATED into fact.

18:57:40 assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]

18:57:50 mircea_popescu: so some idiot somewhere comes up with "non-asic" pow, so that the nobody may matter.

18:57:54 pLambert: the20year: does it have a scheduled end if not everything is sold?

18:58:00 mircea_popescu: result ? nobody gets flattened anyway, by different group

18:58:28 the20year: Yes, i think it's 90 days

18:58:43 the20year: Don't quote me on that , but off the top of my head i think it's 90 days

18:59:09 mircea_popescu: i wonder how many people realise that when they hash scrypt they hash socialism.

18:59:11 ThickAsThieves: are sha256 altcoins not common?

18:59:19 the20year: Correct ThickAsThieves

18:59:38 the20year: pLambert: you're in RS ,right?

19:00:05 pLambert: yes?

19:00:27 asciilifeform: every altcoin is really an attempt to 'refight the war'

19:00:46 chipug: what alts *are* sha265? i don't know any

19:00:53 ThickAsThieves: but if they dont use sha they are fighting the wrong people

19:01:25 ThickAsThieves: chipug, Altcoin is

19:01:26 Duffer1: The Altcoin is sha256 no?

19:01:28 mircea_popescu: asciilifeform indeed. as if such a thing belongs anywhere outside of a creative reenactment society meeting

19:01:47 chipug: ah kk

19:02:01 mircea_popescu: Duffer1 the altcoin is sha256, not pumped and not premined. just like... you know... NO OTHER ALT out there.

19:02:12 Duffer1: hehe

19:02:29 mircea_popescu: which is quite perverse

19:02:30 ThickAsThieves: not premined, just bought all up by MP ;)

19:02:51 asciilifeform: note that it is not, in principle, impossible to pull it off

19:02:53 mircea_popescu: i only bought like a dinner's worth

19:03:03 asciilifeform: just that it would have to be done by someone other than wankers

19:03:20 mircea_popescu: asciilifeform no. a war isn't decided by personal valor.

19:03:28 mircea_popescu: a war is decided by which way the hills slope

19:03:34 pankkake: botnets (except those with good enough gpus, I think there is one that was targetting gaymers) don't mine scrypt anymore, there are cpu-only coins for that

19:04:02 pankkake: and those cpu coins are barely profitable unless you don't pay for electricity I think

19:04:16 asciilifeform: pankkake: the ones i've seen most recently mine scrypt coins (the ones that are actually worth a little)

19:04:20 mircea_popescu: pankkake was a link here coupla days ago bout some game site that got hussled by ny for 1mn over having made $3500 from exploiting user gpus

19:04:57 pankkake: primecoin would be best, it has enough volume for a big botnet

19:07:16 asciilifeform: mircea_popescu: if i recall, that was btc proper

19:07:22 asciilifeform: hence the microscopic yield

19:07:50 assbot: [HAVELOCK] [B.MINE] 5 @ 0.0737 = 0.3685 BTC [+]

19:09:19 mircea_popescu: yea

19:09:52 assbot: [MPEX] [S.MPOE] 12288 @ 0.00086904 = 10.6788 BTC [+] {3}

19:10:13 asciilifeform: i'm still waiting for 'slavecoin.' it would be the perfect 'gift from the gods' to the 'anyone with a computer Ought to Matter!' crowd.

19:10:27 mircea_popescu: how so.

19:10:54 assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]

19:10:55 asciilifeform: one meatbag, one hash per however-many seconds

19:10:57 Dimsler: altcoins blow

19:10:58 Duffer1: commiecoin?

19:11:28 asciilifeform: i can already see the chinese world of warcraft labour camps switching.

19:11:34 mircea_popescu: asciilifeform you don't understand. the problem with those people is that they are in no way distinct.

19:11:37 Duffer1: satoshi's renamed to comrades

19:11:50 mircea_popescu: as a side-effect of this sad state of affairs, no proof of work can be devised that'd allow them to hash.

19:12:02 mircea_popescu: i call it the mp lemma of evil.

19:12:25 asciilifeform: oh, they'll hash. just not the way they imagined

19:12:32 asciilifeform: (hanging upside-down with arse tubes in a camp)

19:12:41 mircea_popescu: nop[e, they won't.

19:12:46 mircea_popescu: cheaper to use cows.

19:12:56 assbot: [HAVELOCK] [PETA] 8 @ 0.04800006 = 0.384 BTC [-] {3}

19:13:15 mircea_popescu: there is literally no way in which one could design a pow based on "the people".

19:13:21 mircea_popescu: the people can't hash.

19:13:26 asciilifeform: not that this is a scenario that would actually play out. just pointing out what would happen if one were to actually devise a 'one man one hash' scheme

19:13:38 mircea_popescu: oh. indeed so.

19:13:52 mircea_popescu: not only it can't be done, or in other words we've just mathematically proven they're cattle

19:13:56 assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC

19:13:58 mircea_popescu: but ironically this is to their own benefit.

19:14:05 asciilifeform: as for it being more lucrative to keep and milk cows, this is so - and yet the world's largest distributed machine is hashing sha, not folding protein

19:14:15 asciilifeform: so there could be a hope for slavecoin after all.

19:14:58 assbot: [HAVELOCK] [SFI] 1400 @ 0.00080284 = 1.124 BTC [-] {3}

19:15:30 topace: [13:03:05] <benkay> havelock doesn't report tick direction to assbot?

19:15:30 topace: [13:03:09] <benkay> lame.

19:15:38 topace: the bot calculates the direction, it doesnt come from the feed

19:16:26 asciilifeform: wonder if anybody's built one of those foolish 100%-premined alts, and passed out the coin via 'captcha' or somesuch.

19:16:31 asciilifeform: good approx. of slavecoin.

19:18:27 asciilifeform: mircea_popescu: we've just mathematically proven they're cattle << insult to cattle. who are delicious, well-manageable, and otherwise an asset.

19:18:35 mircea_popescu: so are slaves.

19:18:59 asciilifeform: well, 'pet' slaves (vs. the feral kind)

19:19:32 mircea_popescu: a, no. pet slaves are actually quite competent, intellectually.

19:19:39 mircea_popescu: it's so counterintuitive this whole thing

19:21:04 assbot: [HAVELOCK] [RENT] 45 @ 0.0055 = 0.2475 BTC

19:24:06 assbot: [MPEX] [S.MPOE] 6950 @ 0.00086982 = 6.0452 BTC [+] {3}

19:24:07 assbot: [HAVELOCK] [RENT] 570 @ 0.0055 = 3.135 BTC

19:27:09 assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC

19:28:00 the20year: I'll go crazy if i just sit here and keep watching the ticker

19:28:22 mircea_popescu: omfg this thing is actually everything i hate. check this shit out :

19:28:24 mircea_popescu: http://qzlife.tumblr.com/

19:28:26 ozbot: Quartzlife

19:29:10 mircea_popescu: bunch of hipster doofuses who imagine they're doing "a new kind of global business news outlet".

19:29:21 the20year: oh joy

19:29:35 mircea_popescu: holy shit on a stick, because hatguy and armpitbeard girl said so one day and drew some doodles on their starbucks napkins ?!

19:29:56 asciilifeform: ycombinator?

19:30:54 mircea_popescu: https://twitter.com/Mircea_Popescu/status/431801125583339520 << that dork led me to it.

19:30:55 ozbot: Twitter / Mircea_Popescu: @mims The research you've not ...

19:31:34 mircea_popescu: "Quartz, Atlantic Media?s mobile-first business site, launched on Monday afternoon following much fanfare this summer."

19:31:38 Dimsler: i don't know why you bother getting into pissing classes with the proliteriate

19:31:52 chipug: mircea_popescu: no.... they have pot plants too

19:32:23 mircea_popescu: (atlantic media being d g bradley's publishing empire of nothing in particular

19:32:25 chipug: and clearly know how to instagram

19:32:38 Duffer1: plans to burn through investor money in 3 years then declare bankruptcy

19:32:41 mircea_popescu: as you know the key people better than you know their supposed properties)

19:33:31 mircea_popescu: Duffer1 nah, see, this is mostly a campaign financing darkpool thing.

19:33:47 mircea_popescu: basically all those kids are either congressional aides, prostitutes or family.

19:34:07 Duffer1: so you're saying they're all congressional aides?

19:34:12 mircea_popescu: essentially.

19:34:18 Duffer1: i see

19:34:38 asciilifeform: whole civil service is this kind of darkpool

19:34:45 asciilifeform: in the 19th c. u.s., this was open and explicit

19:34:50 asciilifeform: (see: 'spoils system')

19:35:17 assbot: [HAVELOCK] [B.EXCH] 7 @ 0.19376446 = 1.3564 BTC [+]

19:35:26 mircea_popescu: Dimsler the reason i get into pissing matches with the pro-illiterate is that i have a flow like a fire hydrand and their bosses are made of sugar.

19:36:06 Duffer1: i thought you were about to bust some rhymes :(

19:36:33 Duffer1: tell us about your flow homie

19:36:49 mircea_popescu: http://www.politico.com/news/stories/0709/24618.html here, if anyone cares for some dirt.

19:36:51 ozbot: David Bradley defends Atlantic Media's exclusive 'salons' - Michael Calderone - POLITICO.com

19:37:35 ThickAsThieves: "full-throated defense" wtf

19:37:41 ThickAsThieves: lol

19:37:47 mircea_popescu: basically "we have to take corporate money for political functions because a) we like money and b) politicians gotta meet with the corporate ppls somewhere".

19:37:50 mircea_popescu: seems logical.

19:38:15 pankkake: http://qz.com/175045/why-are-obese-brazilians-getting-discounted-tickets-to-the-world-cup/ lol

19:38:16 ozbot: Why are obese Brazilians getting discounted tickets to the World Cup? – Quartz

19:38:30 ThickAsThieves: omg the site is left-aligned

19:38:33 ThickAsThieves: murder them

19:38:35 pankkake: that site is unusable

19:38:59 pankkake: why can't we just have a page with one article in it and that's it

19:39:16 mircea_popescu: pankkake because technology

19:39:47 ThickAsThieves: if they could, most businesses would have every page on their home page

19:39:54 ThickAsThieves: at the top

19:40:13 mircea_popescu: hahaha

19:40:20 pankkake: even ~4 years ago we had clients ask for a SPLASH PAGE

19:40:22 assbot: [HAVELOCK] [NEOBEE] 736 @ 0.00307895 = 2.2661 BTC [+] {3}

19:40:37 mircea_popescu: were they in the business of selling pools ?

19:41:00 pankkake: lol

19:42:19 ThickAsThieves: this manifests in all those little floating boxes "You might also like!" "Sign up!", which used to be pop-ups

19:43:40 ThickAsThieves: HeySteve needs to get out of Africa

19:44:03 mircea_popescu: what, zaire. world famous potatoes

19:44:13 mircea_popescu: or was that wisconsin

19:44:21 ThickAsThieves: idaho

19:44:31 mircea_popescu: no, i'm sure idaho was with the urinals

19:44:37 mircea_popescu: no wait that's the french who did the cheese.

19:44:41 mircea_popescu: so then... who are the dutch ?!

19:44:50 ThickAsThieves: pointy feet

19:45:35 mircea_popescu: best geography question of all time, "where's holland, what's the netherlands and wo are the dutch"

19:45:53 mircea_popescu: bah i fucked it up

19:46:04 mircea_popescu: "what's holland, where's the netherlands and who are the dutch"

19:47:00 ThickAsThieves: answer = legal weed

19:47:28 truffles: legalization takes foreeeever

19:47:46 kakobrekla: dutch weed is illegal until it hits coffeshops

19:47:47 punkman1: the qz blog has a blog about itself? that's nice

19:48:11 kingofsports: looking to buy $400 worth of BTC

19:48:28 kakobrekla: prolly wrong chan to do that

19:49:12 ThickAsThieves: do you accept BTC?

19:49:29 punkman1: you mean ATC

19:49:36 ThickAsThieves: indeed

19:50:03 punkman1: can I solo-mine ATC?

19:50:05 deadweasel: http://cryptotronix.com/products/hashlet/

19:50:06 ozbot: Hashlet | Cryptotronix, LLC

19:50:07 ThickAsThieves: yes

19:50:17 mircea_popescu: punkman1 diff was like 60k

19:50:30 ThickAsThieves: "SHA256 Authentication, hardware RNG, and protected key storage on an easy to mount board"

19:50:32 assbot: [HAVELOCK] [RENT] 40 @ 0.0055 = 0.22 BTC {2}

19:50:33 mircea_popescu: deadweasel yet another miner ? (yam)

19:50:56 mircea_popescu: o look asciilifeform you've been beaten to market honey.

19:51:33 assbot: [HAVELOCK] [NEOBEE] 226 @ 0.00308 = 0.6961 BTC [+] {2}

19:51:54 truffles: is that a play on technotronics hmm

19:51:57 punkman1: sha256 authentication?

19:52:08 deadweasel: setech astronomy

19:52:27 punkman1: does it do HMAC or something then?

19:52:52 BingoBoingo: punkman1: They heard a lot of crypto words and forgot to check definitions, functions, and definite functions

19:53:24 punkman1: BingoBoingo: sounds about right

19:53:32 asciilifeform: where's the rng?

19:53:35 assbot: [HAVELOCK] [B.SELL] 2 @ 0.12605 = 0.2521 BTC [-] {2}

19:54:12 asciilifeform: ok we have the answer:

19:54:13 asciilifeform: http://www.atmel.com/Images/Atmel-8740-CryptoAuth-ATSHA204-Datasheet.pdf

19:54:42 asciilifeform: (i actually considered, and rejected, this part for the cardano key storage)

19:54:56 asciilifeform: it has a (satanic) rng built in.

19:55:10 deadweasel: the seed is always 666?

19:55:17 punkman1: just a breakout board for the atmel chip?

19:55:21 mircea_popescu: just enough cryptography, the exact equivalent of just in time industrial processes.

19:55:23 asciilifeform: apparently.

19:56:19 asciilifeform: people should know that the idea of cryptographic hardware is not the least bit new.

19:56:31 asciilifeform: but there are different ways to do it, and the differences matter.

19:56:40 mircea_popescu: asciilifeform that said, some raspberry pi enhancing boards may be a good idea.

19:56:49 asciilifeform: live by VLSI, die by VLSI.

19:57:09 mircea_popescu: i suspect that thing is prolly here to stay

19:57:23 punkman1: there's a ton of raspberry pis

19:57:26 asciilifeform: remove cardano i/o daughterboard, attach ras.pi or commodore 64 or whatever, you have a machine-controlled unit.

19:57:36 asciilifeform: easy, with bare hands.

19:57:39 assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [-]

19:58:10 mircea_popescu: yeah, but these are enthusiasts we're discussing here.

19:58:12 BingoBoingo: Rpi might actually be an interesting thing if maybe they would have went MIPS (or FPGA and pick a core of choice) and offered ECC Ram

19:58:21 asciilifeform: ras.pi, for anyone who doesn't have one lying around, is a (relatively) cheap arm box.

19:58:22 mircea_popescu: better ship a version w/o case and w/o daughterboard.

19:58:28 asciilifeform: commonly sold at hobby electronics outfits

19:58:28 pankkake: 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E just got 500000.00 ATC!

19:59:04 asciilifeform: broadcom inc. tempted them with at-cost cpu offer

19:59:15 asciilifeform: and so they went with an insultingly closed arch

19:59:23 asciilifeform: (whole core runs closed-source blob at all times)

19:59:43 asciilifeform: there are other pocket-sized arm/linux affairs, they cost a little bit more.

19:59:45 punkman1: http://www.coreboot.org/Supported_Motherboards#Devel.2FEval_Boards

19:59:48 ozbot: Supported Motherboards - coreboot

19:59:58 asciilifeform: coreboot is an x86 bios replacement

20:00:04 asciilifeform: not really connected here

20:00:13 asciilifeform: (formerly known as 'linuxbios')

20:00:30 punkman1: well tiny computers, open source, it's kinda connected

20:00:40 mircea_popescu: yeah, but what i'm saying is : in this particular case probably cheaper and better for the free world to subvert than to replace

20:00:42 ThickAsThieves: <pankkake> 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E just got 500000.00 ATC! I guess we need a blockexplorer too

20:00:44 asciilifeform: most of the boards coreboot supports are full-size pc mobos

20:00:59 mircea_popescu: hence the "give the kids strong crypto as an addon, let the broadcom blob eat its nails"

20:01:18 mircea_popescu: pankkake cool.

20:01:20 pankkake: ThickAsThieves: http://blockr.io/addcoin

20:01:29 mircea_popescu: ;;later tell vexual did you end up paying mike_c his 1 atc ?

20:01:29 gribble: The operation succeeded.

20:01:49 jespern: mircea_popescu: do you stalk every new twitter follower? :)

20:01:50 asciilifeform: i consider the 'host box doesn't know it has a crypto widget attached' an essential feature of cardano, but maybe that's just me.

20:01:59 the20year: atc?

20:02:11 pankkake: the20year: https://bitcointalk.org/index.php?topic=443108.0

20:02:18 mircea_popescu: jespern no, but i have currently 3 people stalking my stalkers, and they're apparently real good at it.

20:02:44 assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC

20:02:55 asciilifeform: but yes, the linked widget is just atmel's old crypto accelerator mounted on an adapter board: http://atmelcorporation.wordpress.com/2014/01/30/atmels-atsha204-helps-secure-the-bbb

20:03:08 mircea_popescu: the difficulties of scaling. you end up overdeveloping some depts some of the time.

20:03:19 the20year: is atc traded anywhere?

20:03:40 mike_c: i believe you are in the atc-otc channel

20:03:40 mircea_popescu: asciilifeform i wonder why they do things like this srsly. takes anyone five minutes to figure out WHY "we've been featured on atmel blog".

20:03:45 asciilifeform: if anybody here has a box of ATSHA204 and an electron microscope, now's your hour!

20:04:29 Duffer1: the20year maybe Benny might want it added to Ciphertrade? :P

20:04:52 asciilifeform: i actually first came across that atmel part when looking into commercial ICs having sha256

20:05:05 the20year: lol i doubt it

20:05:08 asciilifeform: in the early days of fpga mining

20:05:22 asciilifeform: or maybe it was a previous atmel

20:05:25 asciilifeform: same idea though

20:05:29 Duffer1: hehe

20:05:51 ThickAsThieves: [15:05] <the20year> lol i doubt it --- I don't

20:06:39 kingofsports: mircea_popescu how much have MPEX profited so far from that large option sale to you guys? have u guys closed it yet?

20:07:05 asciilifeform: btw that part is mostly used 'for evil' (e.g. vendor-locked printer cartridges)

20:07:30 Duffer1: it was probably a heartstopping amount king

20:07:47 mircea_popescu: kingofsports http://log.bitcoin-assets.com/?date=05-02-2014#482905

20:07:49 Duffer1: i don't think i want to know exact numbers

20:07:51 ThickAsThieves: In case anyone is interested: ASICMINER PT-Issued Shares Chart http://i.imgur.com/eqsvmcb.png

20:08:20 kingofsports: wow so MPEX shareholders gonna make bank this month

20:08:30 mircea_popescu: so far.

20:08:33 kingofsports: how much did that user have to have on hold to cover the options he sold u guys?

20:09:51 assbot: [MPEX] [S.MPOE] 7070 @ 0.00086461 = 6.1128 BTC [-]

20:09:51 mircea_popescu: https://bitcointalk.org/index.php?topic=449354.0

20:09:54 ozbot: MASSIVE options order on apex.co

20:09:54 mircea_popescu: haha check it out, apex.

20:10:06 mircea_popescu: KingCoin like .6 btc/contract or something

20:11:09 kingofsports: BUGPOWDER!\

20:11:13 kingofsports: long time no see

20:11:17 ThickAsThieves: "I just read their FAQ which basically says to their customer base "idiots fuck off and die". "

20:11:27 chipug: lol

20:11:44 Bugpowder: So much for localbitcoins

20:11:46 Bugpowder: http://krebsonsecurity.com/2014/02/florida-targets-high-dollar-bitcoin-exchangers/

20:11:53 assbot: [HAVELOCK] [HMF] 4 @ 0.02820003 = 0.1128 BTC [+]

20:11:54 Duffer1: so a noob gets it, but jimmothy is told it repeatedly in a months long thread and still doesn't seem to understand

20:12:15 mircea_popescu: Duffer1 will, it's a wonderful thing.

20:12:28 mircea_popescu: jespern how do you like -assets anyway.

20:12:30 ozbot: Florida Targets High-Dollar Bitcoin Exchangers — Krebs on Security

20:13:12 mircea_popescu: Bugpowder message seems to be more along the lines of a shakedown than anything

20:13:21 mircea_popescu: "get in bed with a local politico now!"

20:13:53 asciilifeform: still don't understand why a fellow buying/selling stolen card #s needs to meet anyone in person.

20:13:55 assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [+]

20:14:06 kingofsports: @bugpowder u looking to sell any coins? remember when they were $100 a pop ;)

20:14:08 asciilifeform: btc, pgp, card stripe writer.

20:15:26 Bugpowder: I only buy, never sell

20:15:44 mircea_popescu: asciilifeform when you're done with that, you can work on explaining why the secret ruler of a self-proclaimed drug marketplace which can't sell drugs has to order "hits" over unknown derps it can't verify got killed.

20:15:53 Bugpowder: " Those same documents show that the undercover agent told Reid he wanted to use the Bitcoins to buy credit cards stolen in the Target breach.”

20:16:09 asciilifeform: aha he wanted to convert bag of cash to btc.

20:16:10 mircea_popescu: or, alternatively, why twenny something businessmen have to document their reefer purchases in writing for the benefit of ulterior prosecution

20:16:14 mircea_popescu: or other things.

20:17:02 Bugpowder: oh man the short puts guy is getting reaming

20:17:04 Bugpowder: reamed

20:17:13 asciilifeform: mircea_popescu: or why dpr ever had to see, touch, or smell the wares personally

20:17:14 mircea_popescu: it's in pretty deep so far.

20:17:20 Bugpowder: down 3800BTC...

20:17:37 kingofsports: when is MPEX going to close the options mircea?

20:17:43 kingofsports: or do u guys just let it ride

20:17:59 ThickAsThieves: when it reaches collateral?

20:18:03 mircea_popescu: well it's definitely not closing while the spot is below 24h ago spot

20:18:03 asciilifeform: incidentally, we cannot possibly know what parts of the dpr story are fictional

20:18:08 asciilifeform: could be all of it

20:18:17 mircea_popescu: asciilifeform no, some parts we can know.

20:18:38 mircea_popescu: granted, that doesn't actually cover the entire hitman lulz.

20:20:33 ThickAsThieves: "A top market overseer called for a sweeping review of computer-driven securities markets Thursday, saying regulators should focus on “points of failure” such as computerized links between stock exchanges and so-called mini-flash crashes in stocks."

20:23:15 benkay: next they'll be telling us what the real value of pepsi stock is in dollars, and how many dollars can buy a btc.

20:23:23 ThickAsThieves: in case anyone cares, this was the blog Deprived was working on: http://bittopic.com/

20:23:33 ThickAsThieves: i guess he's a runner

20:26:48 Bugpowder: Never trust anyone that doesn't hang out in bitcoin-assets

20:27:04 chipug: have any of you used fb ads before?

20:28:47 chipug: wondering efficacy

20:28:48 mircea_popescu: sucks, because he was promising.

20:29:01 mircea_popescu: chipug you still trying to promote a website chat thing ?

20:29:03 mike_c: chipug: depends what you want.

20:29:10 mike_c: traffic, it works. sales, it does not.

20:29:26 chipug: yep mircea_popescu kind of last stab

20:29:51 chipug: mike_c: I'm just wanting clicks to the site, so maybe it will be ok

20:30:01 benkay: if you have the right biz, chipug it works well.

20:30:01 Bugpowder: yeah, deprived was smart.

20:30:02 mircea_popescu: chipug listen hon, you're wasting your time doing something we know is stupid.

20:30:09 mircea_popescu: waste your time doing something we don't know is stupid yet.

20:30:26 Bugpowder: did he bail because he couldn't cover a difficulty move/

20:30:27 Bugpowder: ?

20:30:34 benkay: amigo of mine runs a small game studio. they outlay 10k/mo on fb ads and do quite well for themselves.

20:30:37 mike_c: chipug: what are you working on? link?

20:30:45 chipug: why is it stupid though?

20:31:05 benkay: of course your customers are old women.

20:31:15 chipug: https://loquacious.cc mike_c we took away rewards and made it not btc so it died when the beggars left

20:31:16 ozbot: Loquacious - web based water cooler

20:32:13 assbot: [MPEX] [S.MPOE] 6744 @ 0.00086954 = 5.8642 BTC [+]

20:32:15 benkay: 'cause irc

20:32:44 mircea_popescu: chipug well, you never answered me a few days ago when i asked you how you expect it to compete with irc.

20:32:47 mircea_popescu: so how do you ?

20:32:58 mike_c: make it a plugin like disqus (without the suck)

20:33:08 mike_c: then it's a better troll-box

20:33:14 assbot: [MPEX] [S.MPOE] 8206 @ 0.00087001 = 7.1393 BTC [+] {2}

20:34:05 jborkl: webirc is the best trollbox for irc

20:34:07 chipug: mircea_popescu: little quirks, like smilies and you can take a web cam picture in-chat. +1s for comments you like, you can tip credits. buy colours badges, have an avatar, friends list

20:34:38 ThickAsThieves: <Bugpowder> did he bail because he couldn't cover a difficulty move --- nah, he either bailed because btc went to $1k and he said ah fuckit, or because he realized that the ciphertrade scam would make his bonds unredeemable

20:34:38 jborkl: webirc and vpn you can troll the shit out of people

20:34:50 mircea_popescu: chipug so it's going to beat irc by being facebook ?

20:34:51 ThickAsThieves: he used shareholder reserves to buy cipherbonds

20:34:51 chipug: i feel like the fussy parts of irc are taken away with the bits people like still left in, if that makes sense

20:34:55 ThickAsThieves: which i voted against

20:35:04 chipug: maybe somewhere in between mircea_popescu?

20:35:10 Bugpowder: cipherbonds?????

20:35:14 Bugpowder: wtf is this shit?

20:35:17 ThickAsThieves: on BTCT

20:35:18 mircea_popescu: chipug but that's not how business works.

20:35:23 ThickAsThieves: ciphermine issued bonds

20:35:40 ThickAsThieves: perpetual, payout based on USD

20:35:44 mircea_popescu: Bugpowder he likely got depressed over his association with the weirdo transsexual nut.

20:35:55 chipug: not to beat irc mircea_popescu just catch the ones that can't be arsed with irc perhaps

20:36:04 ThickAsThieves: maybe he got sent to rehab / AA

20:36:09 ThickAsThieves: dude was def a drinker

20:36:13 mircea_popescu: hm.

20:36:18 assbot: [HAVELOCK] [AM100] 100 @ 0.00532 = 0.532 BTC [-]

20:36:19 assbot: [HAVELOCK] [AM1] 1 @ 0.51989996 BTC [-]

20:36:20 jborkl: <mircea_popescu> Bugpowder he likely got depressed over his association with the weirdo transsexual nut <<<Usagi??

20:36:22 mircea_popescu: that's explain why he kept pissing off mpoe-pr then

20:36:31 mircea_popescu: jborkl nono, the kate guy.

20:36:41 jborkl: oh so there were two

20:36:43 pankkake: well, he associated with usagi too

20:36:48 ThickAsThieves: yep

20:36:49 Duffer1: kate guy?

20:37:03 Duffer1: is that a dude?

20:37:10 Bugpowder: Why would anyone with a brain go long perpetual bonds. Those are only profitable if you short them, as a rule

20:37:22 Bugpowder: well, I missed a lot of stupid it seemse

20:37:29 Bugpowder: unsuprisingly.

20:37:30 ThickAsThieves: [15:37] <Duffer1> is that a dude? Kate is Craig

20:37:50 mircea_popescu: pankkake i dunno his "association" with usagi was to his detriment.

20:37:54 Duffer1: he was on the advisory board for Ciphertrade before he disappeared, might have something to do with his decission regarding bonds

20:37:59 Duffer1: ffs spelling today >.<

20:38:03 mircea_popescu: guy just used to follow princess around and poke holes in his posts. was lulzy.

20:38:19 assbot: [HAVELOCK] [SFI] 127 @ 0.00079 = 0.1003 BTC [-]

20:38:59 ThickAsThieves: guy, his, what does it all mean?!

20:39:09 Duffer1: fascinating

20:39:34 Duffer1: TaT do you have any plans to issue anything on Ciphertrade?

20:39:40 BingoBoingo: ThickAsThieves: http://grantland.com/features/a-mysterious-physicist-golf-club-dr-v/

20:39:42 kakobrekla: 21:37.36 ( ThickAsThieves ) [15:37] <Duffer1> is that a dude? Kate is Craig < what??

20:40:20 ThickAsThieves: <Duffer1> TaT do you have any plans to issue anything on Ciphertrade? --- no, i do no

20:40:22 ThickAsThieves: t

20:40:30 ThickAsThieves: kakobrekla you didnt know?

20:40:39 kakobrekla: who or what is craig

20:40:48 ThickAsThieves: Kate's original name

20:40:57 ThickAsThieves: her man name\

20:41:01 ThickAsThieves: her slave name

20:41:10 ThickAsThieves: i dunno what the y call it

20:41:20 kakobrekla: so that avatar is chick with dick?

20:41:24 ThickAsThieves: yes

20:41:27 ThickAsThieves: no joke

20:41:29 kakobrekla: cool.

20:41:31 Bugpowder: Don't tell me Dr. V is involved with bitcoin.

20:41:55 mircea_popescu: chipug don't get me wrong, i understand you want to do something, and it's commendable and everything. just, atm, you're in the position of someone throwing themselves into a woodchipper.

20:41:56 BingoBoingo: Bugpowder: Can't be unless cadavers can bitcoin

20:41:56 ThickAsThieves: https://www.google.com/search?q=kate+craig+wood&oq=kate+craig+wood&aqs=chrome..69i57j0l5.4346j0j7&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8 don't fap now!

20:42:12 mircea_popescu: stop wasting your meager resources on boneheaded stuff like facebook campaigns that will never see a roi

20:42:12 Bugpowder: nsfw

20:42:12 pankkake: she doesn't have a dick anymore, so no

20:42:17 Bugpowder: not clicking

20:42:32 pankkake: http://iwanttobeagirl.org/

20:42:43 mod6: yikes

20:42:52 ThickAsThieves: she got fat http://www.flickr.com/photos/88155302@N08/8549055276/

20:42:54 ozbot: I WANT TO BE A GIRL : Help for young transexuals / transsexual children / kid

20:43:20 mircea_popescu: yeah, only about 60% of all kids want to be the other kind. sites like that are fucking abuse.

20:43:27 jborkl: so that blond is a dude? I am confused as I missed some relevant parts of this conv

20:43:36 ThickAsThieves: facebook ads are the worst performance of like all options, other than for some very specific uses

20:43:46 mircea_popescu: showing a six year old girl DP and horse on girl action is fine, showing her pages about "support for her elbow-kissing" bs is criminal.

20:43:47 ThickAsThieves: yes the blonde is a dude

20:43:54 ThickAsThieves: the person running ciphereverything

20:44:24 kakobrekla: http://kate.craig-wood.com/

20:44:25 ozbot: Female Entrepreneur, Technology Speaker & Green IT Expert - Kate Craig-Wood

20:44:26 kakobrekla: amazing

20:44:26 assbot: AMAZING COMPANY!

20:44:41 jborkl: I wonder if he sold his dick to China when they cut it off

20:44:45 kakobrekla: fail as male, lets try female, its easier

20:44:53 ThickAsThieves: she took scamming to a whole new level i guess

20:45:00 mircea_popescu: kakobrekla except it's only easier if you have big natural tits.

20:45:12 kakobrekla: less competition

20:45:22 kakobrekla: put female in front of everything you do

20:45:36 kakobrekla: and suddenly you are cream of the crop

20:45:46 mircea_popescu: i do that with "Romanian" already.

20:45:51 kakobrekla: hehehe

20:46:32 mircea_popescu: "I am very active within the UK high-tech sector and was recently ranked the 20th most influential person in British ICT by in Computer Weekly's UKtech50. "

20:46:41 mircea_popescu: i guess that goes to show just how relevant these things are.

20:46:45 ThickAsThieves: Altcoin has a pool! https://bitcointalk.org/index.php?topic=443108.msg5004540#msg5004540

20:46:53 Duffer1: "First woman to tandem skydive past Everest"

20:47:09 mircea_popescu: whoa.

20:47:11 pankkake: omgizz!

20:47:28 assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC

20:47:30 jborkl: what is difficulty anyway Tat?

20:47:32 mircea_popescu: ThickAsThieves this is so fucking ridiculous, do you know how much dough keiser spent to get his pool ?

20:47:34 mircea_popescu: roflmao

20:47:53 ThickAsThieves: yknow it's much more gratifying for Altcoin to get all these pieces separately

20:48:05 Duffer1: i think he payed for 2 pools

20:48:10 ThickAsThieves: than to have made some mega effort to unleash 30 parts at once

20:48:12 Duffer1: neither were ready at launch of his coin

20:48:13 mircea_popescu: kakobrekla don't we can has email of blockr.io say them add atc ?

20:48:14 Duffer1: lul

20:48:27 mircea_popescu: Duffer1 you've been paying attention.

20:48:27 jborkl: people pay for pools to be made, hmm

20:48:29 assbot: [HAVELOCK] [RENT] 265 @ 0.0055 = 1.4575 BTC {2}

20:48:47 Duffer1: i don't do much else these days

20:48:54 mircea_popescu: jborkl was like 60k

20:49:11 jborkl: what the fuck? why didnt you send him my way

20:49:12 Duffer1: though i don't know how i missed kates missing dick, that was a surprise

20:49:26 pankkake: jborkl: they pay for everything. pools, exchanges, explorers

20:49:32 mircea_popescu: jborkl haha he didn't ask me lol

20:49:37 pankkake: it's a whole scamconomy

20:49:49 jborkl: damnit, I can make one in 5 minutes now

20:49:54 mircea_popescu: if he asked me i'd have pointed him your way resulting in him having a working pool for a fraction of the cost in time

20:49:57 ThickAsThieves: so make one!

20:50:00 ThickAsThieves: for ATC

20:50:00 Duffer1: he's probably made more than that back

20:50:02 jborkl: I already have

20:50:05 ThickAsThieves: oh

20:50:06 mircea_popescu: HOWEVER also resulting in him not being Max Fuckwit anymore

20:50:10 jborkl: oh not for atc

20:50:13 mircea_popescu: and for some people, identity is very important.

20:50:25 Duffer1: 1900btc trade volum on maxcoin on mcxnow since yesterday >.<

20:50:25 mircea_popescu: Duffer1 made jack shit. doge hasn't seen green and now it never will.

20:50:51 mircea_popescu: maxcoin seeing green is like making diamonds in the desert by jumping up and donw

20:51:02 ThickAsThieves: the maxcoin event was so hideous to me

20:51:04 mircea_popescu: not only that's not enough pressure, but moreover diamonds are made of carbon not silica

20:51:14 ThickAsThieves: i dunno if that makes me a hypocrite

20:51:19 ThickAsThieves: but i dont think so

20:51:46 mircea_popescu: ThickAsThieves there's a difference between a retarded man dressing in a clown suit as his business outfit

20:51:53 Duffer1: there's an argument for your legit experiment vs his outright scam

20:51:58 mircea_popescu: and a sane man dressing in a clown outfit to scare the shit out of everyone at the office one day

20:52:01 jborkl: what is your coin again Tat?

20:52:22 Duffer1: https://bitcointalk.org/index.php?topic=443108.0

20:52:25 ozbot: [SHA256] Altcoin

20:54:20 KRS-One: Invest today.

20:55:36 assbot: [MPEX] [S.MPOE] 6950 @ 0.0008702 = 6.0479 BTC [+]

20:56:22 mircea_popescu: sooo, who wants some altcoins ?

20:56:29 Duffer1: <--

20:56:57 mircea_popescu: pankkake be so kind send Duffer1 1337 ATC when you have a moment.

20:57:04 BingoBoingo: I dunno who doesn' want altcoins

20:57:12 pankkake: post address

20:57:16 mircea_popescu: pankkake be so kind send BingoBoingo 1337 ATC when you have a moment.

20:57:23 jborkl: what is a addnode for alt

20:57:29 BingoBoingo: 1N2vdbBpvhmeAELqCdWYWcLo5rxnBsZ2zo

20:57:34 Duffer1: make it raIn Pappascu

20:57:34 mircea_popescu: jborkl see that thread.

20:57:38 Duffer1: :P

20:57:40 mircea_popescu: https://bitcointalk.org/index.php?topic=443108.300

20:57:42 jborkl: oh ok

20:58:01 KRS-One: Where will this coin be traded? Curious to see the valuation

20:58:08 mircea_popescu: KRS-One see that thread :D

20:58:16 KRS-One: mk

20:58:16 mircea_popescu: so far it's about on par with doge. maybe a little more.

20:58:22 KRS-One: lol

20:58:24 pankkake: if you use the open source version, you don't need addnodes

20:58:26 mod6: I'll have to try to pick up some of those ATC's later. (don't have my pub addr handy atm)

20:58:28 ThickAsThieves: i'd like some, but i dont even have a awallet yet

20:58:36 KRS-One: now i want to know when is the pump

20:58:41 Duffer1: neither do i >.<

20:58:44 ThickAsThieves: i dont wanna run that coingen exe

20:58:46 mod6: tried to solo-mine (cpu) some about a week ago, unsuccessfully. might just have to buy some.

20:58:47 ThickAsThieves: :X

20:59:01 mircea_popescu: ThickAsThieves you still don't have any ?

20:59:04 ThickAsThieves: nope

20:59:06 mircea_popescu: lmao

20:59:08 ThickAsThieves: never even loaded the app

20:59:13 mod6: wat

20:59:20 asciilifeform: what's the plan? dump when moon is full?

20:59:20 mircea_popescu: such a hypocrite srsly.

20:59:26 ThickAsThieves: lol

20:59:46 mircea_popescu: asciilifeform there is no plan

21:00:22 ThickAsThieves: we need win/linux packages of it

21:00:24 BingoBoingo: Oh thank you. I hope there is nevar and Altcoin pump. I don't want to be tempted to split such a nice round number.

21:00:28 ThickAsThieves: of the pankkake strain of it

21:00:39 mod6: im running it on linux...

21:00:41 assbot: [HAVELOCK] [AM100] 27 @ 0.00532 = 0.1436 BTC [-]

21:00:42 mircea_popescu: BingoBoingo who would pump such a thing, srsly.

21:00:42 mod6: 64 bit

21:00:45 chipug: sorry for delayed repsonse, been cooking. a woodchipper mircea? you think i'm fighting a losing battle just because where site came from originally? i don't want to do nothing.. i'm not so good at giving up. thanks for your thoughts guys by the way, much appreciated

21:00:50 mod6: am I missing something?

21:01:07 mircea_popescu: chipug not what i said woman. you gotta read what i say not just replace it with what you've heard people say.

21:01:23 benkay: i'll take some alt.

21:01:38 mircea_popescu: benkay don't ask to ask, addy to ask.

21:01:53 benkay: would you be so kind as to run my alt-books as well, pankkake?

21:02:00 mircea_popescu: aaaa-hahaha.

21:02:02 pankkake: eh…

21:02:08 mircea_popescu: you're not getting an alt unless you run a wallet.

21:02:11 pankkake: well you don't need to actually run the wallet

21:02:12 mircea_popescu: what is this, metameta ?!

21:02:12 asciilifeform: what's the addr algo for 'altcoin' ?

21:02:16 pankkake: just use vanitygen

21:02:25 mircea_popescu: asciilifeform im pretty sure it's exact copy of btc

21:02:29 pankkake: version number is same as btc

21:02:48 pankkake: so I can actually send to your bitcoin addresses in altcoin

21:02:53 pankkake: magic!

21:03:01 mircea_popescu: chipug you don't have an angle. as a small entity with little money you need a god damned good angle. otherwise, what you're trying to do, compete on execution,... you'll get crushed by the larger entities. see ?

21:03:11 jborkl: the addnode you put up pankkake is not working

21:03:19 mircea_popescu: pankkake ya but then you're stuck having to export addies.

21:03:26 benkay: come on pankkake. alt-coin broker to the stars.

21:03:29 jborkl:

21:03:32 Bugpowder: Holy shit, second market bought 5870BTC on Wednesday.

21:03:36 pankkake: jborkl: what's happenining? because it's one of my servers

21:03:52 Bugpowder: https://bitcointalk.org/index.php?topic=337486.0

21:03:54 jborkl: wait it finally hooked up

21:03:55 ozbot: SecondMarket Bitcoin Investment Trust Observer

21:03:55 mircea_popescu: Bugpowder isn't this instructive as to their relative unimportance ? would you say ?

21:04:11 Duffer1: they plan to create an exchange

21:04:13 asciilifeform: 1snsaCCwLsKjuUqfjK7qat696P5xYCoYn

21:04:14 jborkl: just trying to dl the blockchain for it

21:04:19 mircea_popescu: ahaha

21:04:24 Duffer1: nice

21:04:27 mircea_popescu: pankkake 1snsaCCwLsKjuUqfjK7qat696P5xYCoYn << 1337 svp

21:04:30 mod6: ThickAsThieves: did you ever hear back from BlueMatt about the source?

21:04:47 Bugpowder: They are about as important a big early adopter

21:05:02 Bugpowder: 80,000BTC holders have some clout

21:05:13 mircea_popescu: Bugpowder they deployed 6mn in capital, took it in the teeth for 10% the next day. sounds kinda chump-y.

21:05:30 KRS-One: U can try to get a hold of Fontas. Behold: Teh FONTAS pump.

21:06:03 Bugpowder: long time horizon, can't time the market. Just buy as the money comes in.

21:06:18 mircea_popescu: yeah well.

21:06:31 Bugpowder: people that use them are chumpy

21:06:33 mircea_popescu: clout usually is about shorter timespans than "eventually".

21:06:58 Bugpowder: Do we know what they PAID for those coins?

21:06:59 mircea_popescu: Bugpowder so then there we go, 80k btc holders in 500 different hands are... well... what they are.

21:07:08 mircea_popescu: im sure they didn't get them for ALT.

21:07:20 Bugpowder: maybe they got them below market

21:07:33 mircea_popescu: for that token, maybe they got them 15% over spot.

21:07:56 KRS-One: http://www.livememe.com/ddtoo75

21:07:57 ozbot: livememe.com - chikun

21:10:51 assbot: [HAVELOCK] [B.SELL] 5 @ 0.13499792 = 0.675 BTC [+] {2}

21:12:09 BingoBoingo: ;;nethash Altcoin

21:12:10 gribble: (nethash takes no arguments) -- Shows the current estimate for total network hash rate, in Ghps.

21:13:16 mircea_popescu: mod6 afaik he finally did get the sauce.

21:14:55 assbot: [HAVELOCK] [PETA] 5 @ 0.04556002 = 0.2278 BTC [-] {2}

21:15:39 mod6: ahh, ok cool.

21:16:24 mod6: should link that on the homepage, ThickAsThieves

21:16:37 jborkl: I put a stratum pool on it

21:16:45 jborkl: hehe blow up diff

21:16:50 jborkl: 62.7 not for long

21:17:42 mircea_popescu: this should be interesting.

21:18:25 mircea_popescu: i suppose if "the core dev" power-rangers fuck up too badly we can just move on to atc and be all liek... whatever.

21:19:35 ThickAsThieves: i got one! 17dXWwn7hcTtSQpBptXaoRWuR6SPETst2U

21:19:57 KRS-One: i guess i can set up my asics to mine directly

21:20:00 assbot: [MPEX] [S.MPOE] 8100 @ 0.00086806 = 7.0313 BTC [-]

21:20:08 ThickAsThieves: <mod6> should link that on the homepage, ThickAsThieves -- i will this weekend, gotta go

21:21:12 ThickAsThieves: http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/

21:21:41 mircea_popescu: http://25.media.tumblr.com/tumblr_mdrnyzKyxE1ru15g3o1_1280.jpg

21:22:42 mod6: ThickAsThieves: aight thanks man

21:25:05 assbot: [MPEX] [S.MPOE] 5075 @ 0.00086972 = 4.4138 BTC [+] {2}

21:25:17 chipug: mircea_popescu: lol @ the seated lassie's expression

21:26:06 assbot: [MPEX] [S.MPOE] 8125 @ 0.00087096 = 7.0766 BTC [+] {2}

21:30:10 assbot: [HAVELOCK] [RENT] 20 @ 0.0055 = 0.11 BTC

21:31:05 deadweasel: http://www.itnews.com.au/News/371774,russia-bans-bitcoin.aspx ?

21:31:07 ozbot: Russia bans Bitcoin - Finance - Business - News - iTnews.com.au

21:31:23 asciilifeform: deadweasel: old news

21:34:26 KRS-One: .bait

21:34:28 ozbot: http://25.media.tumblr.com/0cf5c46475d4f71bcdc2f4d2388ed299/tumblr_mi46cf9pOw1s03awmo1_1280.jpg

21:35:15 assbot: [HAVELOCK] [RENT] 39 @ 0.0055 = 0.2145 BTC

21:35:18 KRS-One: ATC needs an official .bait

21:37:17 assbot: [MPEX] [S.MPOE] 9400 @ 0.00086687 = 8.1486 BTC [-]

21:37:38 pankkake: http://www.tumblr.com/tagged/alt-girl

21:37:41 ozbot: alt girl on Tumblr

21:37:55 mircea_popescu: lol

21:38:18 pankkake: https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/7f9c7b26a052d67986aa1b017ce422be/tumblr_mmvx2akUip1rh8rhuo1_500.jpg

21:38:43 mircea_popescu: basically tattoos only work on white chicks of that particular complexion

21:39:02 pankkake: I have a hard time with colored tattoos

21:39:31 asciilifeform: wonder if anyone makes a tattoo printer.

21:39:39 asciilifeform: dot-matrix style

21:39:48 mircea_popescu: give it that nice limoges look

21:39:50 asciilifeform: (can't help but think of Kafka's 'The Penal Colony')

21:40:03 mircea_popescu: asciilifeform it would probably need a full body scanner tho

21:40:05 asciilifeform: (the man invented the dot-matrix printer! seriously.)

21:41:06 Bugpowder: looks like my ex with smaller tatas

21:41:16 asciilifeform: doesn't have to be full body - can run it over skin, like a shaver.

21:41:55 mircea_popescu: asciilifeform you ever had one of those hand-held scanners ?

21:42:00 asciilifeform: yes

21:42:04 mircea_popescu: they SUCKED

21:42:08 asciilifeform: they sure did.

21:42:21 mircea_popescu: so no, no run it over skin like a shaver. please no.

21:42:28 asciilifeform: newer ones with an optical mouse-style sensor instead of the wheels almost work.

21:42:34 jborkl: Tat, regular stratum runs against it but- mining.submit must be different. You will need to ask

21:42:37 mircea_popescu: dumbass teenyboppers of 2020 will do it and if they do i will hunt you down

21:42:47 asciilifeform: (optical mouse scans skin just fine, try it)

21:43:20 asciilifeform: http://www.thinkgeek.com/images/products/other/moodinq_main_zoom.jpg

21:43:21 asciilifeform: fake?

21:43:29 Bugpowder: re: second market exchange : i guess they need a way to start liquidating ?

21:43:47 asciilifeform: http://www.thinkgeek.com/stuff/41/moodinq-tattoo.shtml

21:43:48 ozbot: ThinkGeek :: moodINQ - Programmable Tattoo System

21:43:54 asciilifeform: ok fake. but exactly what i imagined.

21:43:59 mircea_popescu: http://25.media.tumblr.com/tumblr_mdo840RqwH1ru15g3o1_1280.jpg << never sit in a club queue again

21:44:14 mircea_popescu: asciilifeform i would think so.

21:44:16 pankkake: oh, I like that one

21:44:20 pankkake: if only pic was bigger :(

21:44:25 mircea_popescu: "for illustrative purposes only"

21:44:43 pankkake: https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/c97b56d35fdddb6a7ce002dddd2e94e7/tumblr_mg3p7bFur41rmcr76o1_1280.jpg

21:45:16 mircea_popescu: http://31.media.tumblr.com/tumblr_mdo88qoXHz1ru15g3o1_1280.jpg << and this'd be the real problem with boobjobs.

21:45:25 assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]

21:45:32 asciilifeform: http://techtripper.com/a-tattoo-making-robot-that-etches-your-forearm-with-a-religion-of-its-own-choice/

21:45:33 ozbot: A tattoo making robot that etches your forearm with a religion of its own choice | TechTripper

21:46:16 asciilifeform: cat pgp.pl > /dev/tattoo

21:46:21 mircea_popescu: asciilifeform ok, that may work, but...

21:46:26 assbot: [HAVELOCK] [B.SELL] 1 @ 0.1349999 BTC [+]

21:46:42 mircea_popescu: " Tattoos made by the robot cannot be compared with handmade tattoos and the device would need more advanced mechanism to imitate the behavior of artists who hold the skin tight to engrave tattoos."

21:47:04 mircea_popescu: now this at least has good spatial controls. the razor thing... heh

21:47:11 BingoBoingo: ;;ident BingoBoingo

21:47:12 gribble: Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is not identified.

21:47:45 Duffer1: what's Altcoins vanitygen -x value?

21:47:49 Duffer1: 0?

21:48:26 BingoBoingo: ;;ident BingoBoingo

21:48:26 gribble: Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is identified as user 'BingoBoingo', with GPG key id 309BB8D7F3251143, key fingerprint ADD7A9A28F85E5EF1F51904F309BB8D7F3251143, and bitcoin address None

21:48:43 asciilifeform: can we get altc addrs in those?

21:48:44 BingoBoingo: WTB: 30,000 Altcoins @150 satoshis per

21:49:29 assbot: [HAVELOCK] [AM1] 1 @ 0.51 BTC [-]

21:49:36 Duffer1: is your snsa address not a altcoin address?

21:49:53 asciilifeform: shat out by vanitygen, so, it is.

21:50:15 mircea_popescu: usure ?

21:50:34 BingoBoingo: I've got to take my Altcoin balance from 1337 to 31337

21:50:41 Duffer1: i don't know enough about the process involved to know if it's generating a Altcoin compatible address

21:51:08 Duffer1: i really don't want to run the exe hehe

21:51:40 mircea_popescu: prolly smart.

21:51:54 asciilifeform: if lifted from classic btc, it's compatible.

21:52:18 mod6: yeah, i cringe at running pre-compiled binaries.

21:52:32 assbot: [MPEX] [S.BBET] 5000 @ 0.00062099 = 3.105 BTC [-]

21:52:47 asciilifeform: i'm still waiting for the first directly trojaned altcoin.

21:52:55 mike_c: did i miss the l33t giveaway? i'd like to hoard some more atc at 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX

21:52:57 mircea_popescu: it happened afaik

21:52:59 mod6: but was excited enough to try it out to see if I could get a solo-block. didn't happen. lol

21:53:14 mircea_popescu: mike_c it's for ppl who has none! i'm not sending tat any either

21:53:18 mike_c: aww

21:53:33 assbot: [MPEX] [S.BBET] 4350 @ 0.000621 = 2.7014 BTC [+]

21:53:34 asciilifeform: trojaned in the 'magic block sets up the bomb' style

21:53:39 mircea_popescu: let him be destitute in the land he helped create.

21:53:52 mircea_popescu: asciilifeform iirc it was just some random crapware bundled with the wallet

21:54:17 asciilifeform: ah that's lame. should be diddled in a way that survives recompile.

21:54:30 asciilifeform: UCC-style.

21:54:43 mircea_popescu: you keep thinking you're in this parallel universe where people like... put effort into what they do and whatnot.

21:54:51 asciilifeform: i sorta live there

21:54:55 mircea_popescu: sprezzatura, read up on it.

21:55:10 mircea_popescu: the bug that ruined five empires

21:55:28 BingoBoingo: http://valleywag.gawker.com/this-man-is-representing-aol-on-live-television-1518467796/@sarah-hedgecock

21:55:28 assbot: 123!

21:55:29 ozbot: This Man Is Representing AOL on Live Television

21:55:50 mircea_popescu: waitwait. hedge c0k ?!

21:56:12 BingoBoingo: Looks like it, gotta hedge those c0k values

21:56:32 mircea_popescu: over 9000 c0x hedged so far

21:56:36 assbot: [HAVELOCK] [NEOBEE] 90 @ 0.003081 = 0.2773 BTC [+]

21:56:39 BingoBoingo: c0k futures are even more precarious than difficulty futures

21:56:44 asciilifeform: 'for every smart orifice,' there's a spiked hedge-c0k...

21:58:22 BingoBoingo: I wonder if that futurist is Vexual?

21:58:39 assbot: [HAVELOCK] [B.SELL] 1 @ 0.13499999 BTC [+]

22:00:33 pankkake: Duffer1: the default one, don't touch it and you'll get an alc address

22:00:54 Duffer1: kk

22:01:05 mircea_popescu: o it's alc now ?

22:01:13 mircea_popescu: alt atc not confusing enough ?

22:01:33 mircea_popescu: ima call them qoq

22:01:41 assbot: [HAVELOCK] [RENT] 300 @ 0.0055 = 1.65 BTC

22:02:42 assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]

22:02:57 BingoBoingo: Imma still looking for 30K QOQ @150 satoshi so my wallet can be 31337

22:03:05 ThickAsThieves: "alters" sounds okay verbally for satoshis, or maybe we just call them alms

22:03:16 ThickAsThieves: <jborkl> Tat, regular stratum runs against it but- mining.submit must be different. You will need to ask --- ask what now?

22:03:43 ThickAsThieves: <mircea_popescu> mike_c it's for ppl who has none! i'm not sending tat any either --- you mutha!

22:03:57 jborkl: give me aa few minutes I and changing some stuff and see if it works

22:04:01 mike_c: we're out in the cold

22:04:08 mike_c: me with 1, you with 0 :)

22:04:10 mircea_popescu: suffar yo

22:04:28 mircea_popescu: mike_c i thought you were mining ?

22:04:44 ThickAsThieves: you know whatd be funny, i make a deal with ASICMINER to buy hashes and point them at it

22:05:04 mircea_popescu: what'd a block cost ftr ?

22:05:13 mike_c: i gave it a half-hearted attempt the other day, but i don't have a good gpu for it.

22:05:25 ThickAsThieves: block cost? reward is 512

22:05:35 mircea_popescu: mike_c ok if you honeslty have none you can get a 1336 set then you can be leet too

22:05:47 mike_c: but, for the lulz: WTB: 30,000 ATC at 151 satoshis

22:05:53 mircea_popescu: ;;genrate 1000 60000

22:05:54 gribble: The expected generation output, at 1000.0 Mhps, given difficulty of 60000.0, is 8.38177527385 BTC per day and 0.34924063641 BTC per hour.

22:06:02 Duffer1: pankakke 1DuffFBtKvCzEbp2bG93XViW2ESgwRh6M9

22:06:25 ThickAsThieves: expensive

22:06:26 mircea_popescu: sooo... 1 ghps would make .35 atc per hour ?

22:06:34 mircea_popescu: what's a ghps sell for ?

22:06:45 ThickAsThieves: no idea

22:06:59 mike_c: ;;calc 30000 * 0.00000151

22:06:59 gribble: 0.0453

22:07:18 ThickAsThieves: 1.6ghs for $60 on amazon

22:07:44 mircea_popescu: 1 hr ?

22:07:47 assbot: [MPEX] [S.MPOE] 1050 @ 0.00086687 = 0.9102 BTC [-]

22:07:52 mike_c: ;;calc 0.0453 * [ticker --last]

22:07:52 gribble: 32.848557063

22:07:55 ThickAsThieves: i mean a miner

22:07:58 ThickAsThieves: sry

22:07:59 jborkl: Attempting block submit

22:07:59 jborkl: Block result: {

22:07:59 jborkl: "id": "-1451344613",

22:07:59 jborkl: "result": "rejected",

22:07:59 jborkl: "error": null

22:08:00 pankkake: Duffer1: sent. "Duff" :)

22:08:00 mircea_popescu: a

22:08:00 jborkl: }

22:08:10 ThickAsThieves: no one rents by the hour

22:08:11 Duffer1: thanks MP :)

22:08:16 mircea_popescu: yee.

22:08:18 ThickAsThieves: well maybe botnets

22:08:27 mircea_popescu: mike_c srlsy, paste an addy

22:08:43 mike_c: 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX

22:09:01 mircea_popescu: pankkake 1336 there pls.

22:09:03 pankkake: lol

22:09:05 mike_c: and no, i did not vanity gen a "nun" address

22:09:06 jborkl: the version must have a slightly different submit, so stratum would have to be changed to submit correctly- if you could what they changed you will need to know

22:09:20 jborkl: ask

22:09:31 mircea_popescu: ThickAsThieves yeah you gotta ask!

22:09:37 ThickAsThieves: i dont even know how to download the block source

22:09:38 mircea_popescu: stratum pool = big deal.

22:09:43 ThickAsThieves: fuck this shit

22:09:47 ThickAsThieves: hehe

22:10:00 jborkl: quitting already? ??

22:10:02 mircea_popescu: lmao this cryptocoin project has like a 12 yo founder and what is this!

22:10:28 pankkake: to be a true altcoin you have to not understand what you are doing

22:10:43 ThickAsThieves: it should just work outta the box

22:10:57 mircea_popescu: yeah like crypto-cereal decoding cockrings

22:11:00 mircea_popescu: or w/e.

22:11:51 assbot: [MPEX] [S.MPOE] 3400 @ 0.00086687 = 2.9474 BTC [-]

22:11:51 pankkake: I hope http://coinminer.net:19982/static/ actually works

22:11:56 mircea_popescu: http://25.media.tumblr.com/tumblr_mdfp7olGMw1ru15g3o1_500.jpg << is this hitch-cock ?

22:12:09 ThickAsThieves: i'll just get some when it's listed somewhere, online wallets are the best wallets right?

22:12:26 pankkake: his nose is happy to see her

22:12:57 jborkl: running stratum against say terracoin is exactly the same as bitcoin - hell all you do is change the payout addy and port, something is slightly different

22:12:58 mircea_popescu: someone should vanitygen a 1am12andwhatisthis addy for you

22:19:29 BingoBoingo: mircea_popescu: That would be easy to do in Failcoin, the MD4 mined one where private key is the last 4 characters of the address.

22:25:04 assbot: [MPEX] [S.MPOE] 8551 @ 0.00087114 = 7.4491 BTC [+]

22:25:59 Duffer1: http://www.zerohedge.com/news/2014-02-07/4th-financial-services-executive-found-dead-self-inflicted-nail-gun-wounds

22:26:01 ozbot: 4th Financial Services Executive Found Dead; "From Self-Inflicted Nail-Gun Wounds" | Zero Hedge

22:26:42 mircea_popescu: that's a shitty way to die

22:26:49 mircea_popescu: can't these people even afford rope anymore ?!

22:26:52 BingoBoingo: What's with this nailgun suicide thing. It's like people setting themselves up to fail.

22:27:06 pankkake: nail gun?! ouch

22:28:07 mircea_popescu: course the only reporting venues are zero hedge and... max keiser.

22:28:12 mircea_popescu: wtf is this.

22:28:40 BingoBoingo: Maybe by financial services executive they mean Phone center pit boss?

22:29:08 assbot: [MPEX] [S.MPOE] 9250 @ 0.00086666 = 8.0166 BTC [-] {2}

22:29:26 mircea_popescu: this seems somewhat of a "War on Xmas" narrative.

22:29:38 mircea_popescu: "The founder and CEO of American Title Services in Centennial was found dead in his home this week, the result of self-inflicted wounds from a nail gun, according to the Arapahoe County coroner."

22:30:00 mircea_popescu: people commit suicides, to the tune of 100 or so a day in the us.

22:30:14 ThickAsThieves: the golden gate bridge is riddled with it

22:30:17 ThickAsThieves: they have a suicide phone

22:30:18 mircea_popescu: if you comb it loose enough about 1 in 100 people could be said to work in "financial services"

22:30:20 BingoBoingo: That low? I'd imagine the number to be higher.

22:30:26 chipug: are they hoping blood loss will be that slow, they are found in time perhaps?

22:30:29 ThickAsThieves: and a watchman

22:31:13 BingoBoingo: chipug: Seems to be the only reason to use a nailgun in the US where more efficient tools are readily available. (i.e. Kurt Cobain, Ernest Hemmingway)

22:31:22 mircea_popescu: but i mean for crying out loud, "american title services" thing was a small... title services company.

22:31:23 ThickAsThieves: they just dont have real guns

22:31:24 mircea_popescu: what the fuck.

22:31:31 Duffer1: ya MP i can't tell if they're trying to find a patter in the sand here, or if there actually is a pattern

22:31:40 Duffer1: pattern

22:32:22 ThickAsThieves: maybe he made a buncha families lose their homes

22:32:26 mircea_popescu: "They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head."

22:32:30 mircea_popescu: for the love of christ.

22:32:38 Duffer1: o.o

22:32:46 mircea_popescu: who ever heard of the 8 shot suicide even !?

22:33:08 BingoBoingo: ThickAsThieves: But in the US a 12 gauge shotgun and a copy of Grey's Anatomy so you can find the brainstem together costs even with the downturn, maybe 0.125 btc?

22:33:43 ThickAsThieves: maybe it was implusive

22:33:46 ThickAsThieves: i dunno

22:33:49 ThickAsThieves: i couldnt do it

22:36:02 ThickAsThieves: http://www.forbes.com/sites/andygreenberg/2014/02/07/alleged-silk-road-creator-ross-ulbricht-pleads-not-guilty-on-all-charges/

22:36:03 ozbot: Alleged Silk Road Creator Ross Ulbricht Pleads Not Guilty On All Charges - Forbes

22:36:15 assbot: [MPEX] [S.MPOE] 9326 @ 0.00087134 = 8.1261 BTC [+] {2}

22:36:28 ThickAsThieves: In the arraignment, prosecutors said that they have between eight and ten terabytes of evidence that they plan to share with the defense

22:36:57 mircea_popescu: uh. this doesn't sound good for the prosecution at all.

22:37:27 Duffer1: yea hehe

22:37:42 mircea_popescu: anyway, good for him.

22:37:58 mircea_popescu: hopefully shrem gets the balls together to do the same.

22:38:39 mircea_popescu: generally speaking no forfeiture + pleading not guilty = worst possible scenario for the da.

22:38:55 mircea_popescu: pretty much the only way to lose your job.

22:41:20 assbot: [MPEX] [S.MPOE] 4000 @ 0.00086453 = 3.4581 BTC [-] {2}

22:41:24 Duffer1: i've read that they have emails of him colluding to wash coins

22:42:26 ThickAsThieves: someone should do an article where the goal is to find the price of every suspected shill

22:43:21 ThickAsThieves: like how much does it cost to get Bitcon Mag to write favorably

22:43:45 BingoBoingo: ThickAsThieves: if you account for sock puppets and robo spam bots, the length of that article would probably approach Aleph subscript zero (infinite, but countably so)

22:44:45 ThickAsThieves: well the focus would be one "community" outlets

22:44:50 ThickAsThieves: Max Keiser

22:44:54 ThickAsThieves: Bitcon Mag

22:45:02 ThickAsThieves: CoinDesk

22:45:07 ThickAsThieves: TheVerge maybe

22:45:20 mircea_popescu: ThickAsThieves they're opaque.

22:45:37 mircea_popescu: pretty much any shill works for a group. the actual cost-per-shillpiece is not a market value.

22:45:38 BingoBoingo: And then Bitcointalk/litecointalk/Techcrunch forums/Twitter swell the ranks in a way that increases faster than they can be wrote up

22:46:15 mircea_popescu: similar to household economy. what's the per-blowjob cost of a wife ? well, it depends, if you're the husband probably like a piece of cake

22:46:16 ThickAsThieves: i guess often it's more of a barter

22:46:22 mircea_popescu: if you're a bum in the street prolly like a rolls.

22:46:57 ThickAsThieves: buy 12mos of ads instead of 6 and we'll throw in an article

22:47:12 ThickAsThieves: thats how it works in print at least

22:48:20 mircea_popescu: something like that.

22:50:53 mircea_popescu: anyway, specifically about bitcoin magazine, i'm curious how long before the contentious manner in which it was acquired actually spills out in court.

22:51:18 mircea_popescu: at the rate it's going probably bitcoin will probably never be worth enough for its btc value to command enough fiat interest, but who knows

22:52:14 the20year: I hope the weekend treats our IPO well , i found a pretty neat purchase

22:52:31 assbot: [HAVELOCK] [RENT] 600 @ 0.0055 = 3.3 BTC

22:52:39 ThickAsThieves: after 24-36 hours it's pretty much over the20year

22:52:52 the20year: We'll see i guess

22:53:15 the20year: There's a foreclosure auction and someone lives in it, whomever buys it has to go through the hassle of evicting the former owners, but the price is fantastic

22:53:19 the20year: and the house is great

22:54:42 pankkake: can you still evict people in the US?

22:54:58 pankkake: good luck evicting people from your own house in France :/

22:55:46 BingoBoingo: Well, eviction is easy if landvalue is greater than the structure value...

22:57:36 assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+] {2}

22:58:22 Namworld: From your own house?

22:58:28 Namworld: wtf?

22:58:51 the20year: Yeah , i can get an eviction done in 3 weeks

22:59:10 the20year: eviction laws are done by state and then sometimes by municipality in the US , Ohio is very ,very flexible

22:59:26 the20year: In CA or NY , you're looking at 3 months for an eviction , in Ohio depending on the county it can be 2 weeks to a month

22:59:37 pankkake: https://bitcointalk.org/index.php?topic=430858.0 lol

22:59:39 ozbot: [ANN] [GOATCoin] Greatest Of All Time | SHA-256 | Rewards active users | Rare

23:00:39 assbot: [HAVELOCK] [B.MINE] 6 @ 0.07 = 0.42 BTC [+]

23:03:23 mircea_popescu: Namworld france is a joke.

23:03:27 mircea_popescu: "people have rights" etc.

23:04:15 pankkake: burglars and squatters have rights basically

23:04:25 the20year: right to theft :)

23:04:46 mircea_popescu: i don't think there's actually a worse example of a country than france.

23:04:59 mircea_popescu: pretty much everything about how it's run is offensive.

23:05:26 mircea_popescu: can't fire people. can't evict people. the tax burden is like... 80% ?

23:06:06 mircea_popescu: even with all the monkey they do, african countries like say the car are more palatable.

23:06:45 assbot: [MPEX] [S.MPOE] 2500 @ 0.00086644 = 2.1661 BTC [+]

23:07:57 mircea_popescu: dude check out all the bitcoin mfas : virtualmining.com/ cryptologs.com/ bitcoinviews.com/

23:09:48 assbot: [MPEX] [S.MPOE] 24372 @ 0.00086433 = 21.0655 BTC [-] {3}

23:09:50 mircea_popescu: there's a ton of them

23:11:34 theo__: hey

23:12:04 mircea_popescu: hello.

23:12:11 theo__: the20year Is your IPO REAL?

23:12:37 pankkake: no he invests in fake estate only, on second life

23:12:46 theo__: As in Rentalstarter?

23:12:55 theo__: thanks trolololol.

23:13:19 mircea_popescu: unexpected ambiguity

23:13:57 theo__: apologies i meant to ask is your IPO RENT not REAL >.< been a long night

23:14:05 mircea_popescu: http://31.media.tumblr.com/tumblr_mdfx8qOa9E1ru15g3o1_1280.jpg << this is an alt-babe.

23:14:29 theo__: to bad you can't mine them.

23:14:30 pankkake: haha, yeah it's RENT

23:14:45 theo__: thanks for clarifcation pankkake :)/

23:14:57 Duffer1: rode hard and put away wet comes to mind

23:14:59 Duffer1: thanks mp :(

23:15:08 mircea_popescu: incidentally, anyone have handy a link to the golden painted whore at the whatever conference ?

23:15:25 mircea_popescu: someone pasted it here a few days ago and now i need it to prove a point

23:15:44 pankkake: I thought you fraudstersed her already… weird

23:15:54 assbot: [HAVELOCK] [NEOBEE] 343 @ 0.00303927 = 1.0425 BTC [-] {10}

23:15:55 assbot: [HAVELOCK] [B.MINE] 3 @ 0.067 = 0.201 BTC [-]

23:16:01 mircea_popescu: nope ;/

23:16:04 mircea_popescu: or have i ?

23:16:36 the20year: theo__: yes

23:16:49 the20year: RentalStarter/RENT is mine

23:17:09 the20year: I'm second guessing putting a real contact number on the listing, already had a guy call me asking for help on how to deposit money into his HL account

23:17:34 mircea_popescu: ty

23:18:10 nubbins`: mircea_popescu: twist: that alt-babe is actually pankkake

23:18:20 pankkake: I wish I was a girl!

23:18:23 mircea_popescu: well her manboos certainly are.

23:18:25 Duffer1: lol 20 :(

23:18:28 theo__: @the20year what do you expect your anual yield to be over this 2014 period if i may ask. Already invested into 500 shares looking to see what your expectations are to think about a longer term strategy. I have seen how well your company has done from june 2013. Just wondering on your on thoughts for this year

23:18:28 nubbins`: I NO RITE?!?!

23:18:54 jborkl: i did 4 alt blocks, so i retire

23:19:19 nubbins`: she looks so high

23:19:27 nubbins`: cant stop staring at face

23:19:28 nubbins`: :(

23:20:25 asciilifeform: http://www.dailymail.co.uk/news/article-2553964/CEO-commits-suicide-nail-gun-company-investigation.html

23:20:26 ozbot: CEO commits suicide with a nail gun while his company under investigation | Mail Online

23:20:38 mircea_popescu: weren't we talking about this an hour ago ?!

23:20:40 the20year: theo__: Range of 13.44%-65% or so

23:20:48 nubbins`: yes, you were

23:20:48 asciilifeform: damn

23:20:55 the20year: Higher end will depend on capital utilization and whether we flip a property

23:20:59 asciilifeform: 'shot first, asked questions later'

23:21:03 nubbins`: hah

23:21:12 the20year: I found one, if we can bid on it that should have a $30k purchase price, sell price of $90k which would be pretty good towards investors

23:21:14 theo__: the20year: is that in USD Yield or are you expecting that to be in BTC Yield

23:21:29 the20year: USD yield, BTC yield will be unpredictable depending on whether BTC goes to the moon or collapses

23:21:48 nubbins`: if he was a pro, he would have used two nailguns, one on each temple

23:22:05 nubbins`: less chance of becoming cabbage

23:22:11 mircea_popescu: maybe he could have arranged a 10x10 battery of price guns

23:22:16 nubbins`: heh.

23:22:24 the20year: a car with a hose is always much more effective

23:22:26 nubbins`: cover airways with SALE stickers

23:22:59 mircea_popescu: death by ten thousand glues.

23:23:17 theo__: the20year: good thanks you have already made me put more faith in you just with that statement. Furthering on will you be hedging anything into BTC or all directly into USD as your company for you unfortunatetly missed the $120 -> 1000 price hike and could have already had a million dollar investment plan.

23:23:46 the20year: We've got quite a few BTC Hedging strategies, the msot up front one is the fact that we're only cashing out on a as-needed basis

23:24:17 the20year: We also had a $120>$65 price move when we started :D So unfortunately we're kind of used to it

23:24:37 theo__: the20year: as the only thing that is stopping me as a investor looking to diversify into your company is the key fact that I believe the US could be on a potential melt down, and would mean that if you hedged to much into USD I am exposing myself to to much risk

23:24:51 the20year: Personally i'd like to save a little back to invest into some type of btc/only investment

23:25:29 the20year: Well, it would be tied to real estate, and in the past under hyperinflationary periods, real estate has typically done well (Yugoslovia/serbia, zimbabawe, Weimar Germany) , so I feel a little bit safe against that

23:25:52 theo__: the20year: have you also taken into consideration the potential risk of if a housing collapse does happen again or a market collapse in america? as in your compaines Manifesto ( i know not the right word but i am tired) you did not mention this is a potential risk to investors

23:25:57 the20year: Additionally we're not overloaning properties, or going for absurdly low incomes, we could theoretically lower rents by 30% or more and still provide somewhat decent yields to invesors

23:26:10 mircea_popescu: dude forget it, real estate in central ohio isn't collapsing

23:26:13 mircea_popescu: it hasn't where./

23:26:35 the20year: Well , during the 2001-2005 run up in prices, we increased maybe 30%

23:26:43 the20year: From the 2006-2011 collapse we decreased by around 25%

23:27:06 the20year: Some markets increased by say 500% in the US and then promptly crashed 450%

23:27:21 theo__: the20year: agreed but i am hesitent to over invest as you are talking about a leveraged lending scheme (which works well in good financal times) Though in bad times over leveraging can leave you to open to the risks

23:27:31 theo__: thanks mp

23:27:37 the20year: That's why we're planning on low LTVs

23:27:52 the20year: Well, lower than many, we're only looking at around an average of 60% LTV

23:28:29 nubbins`: i mailed a package mid-january and it took 19 days to get to the other side of canada

23:28:32 nubbins`: :(

23:28:34 the20year: Ouch

23:28:36 mircea_popescu: your risks are that if btc reaches 10k in a year or two you're left with 1/10 of what you'd have had if you held on to the btc, and if the guy splits with the cash you're left with whatever people buying into asset-based btc corps are usually left with

23:28:58 the20year: Those are the two primary risks

23:29:00 mircea_popescu: the rest is hardly within a coupla degrees of magnitude of that

23:29:02 theo__: the20year: Alright that answers my next question. My last major question i have is with the 3 year rental - equity buy back how would that work in terms of a shareholder dividend?

23:29:08 the20year: Or the guy that runs with the exchange dashes off with your divs/equity

23:29:15 the20year: 3 year rental?

23:29:26 the20year: In terms of the lease purchase option being executed?

23:29:29 theo__: Yes

23:29:38 theo__: Would you reinvest or divedened the profit?

23:29:43 theo__: or 50 /50

23:29:50 the20year: We'd hold a vote

23:29:58 theo__: Apologies again for my horrible spelling.

23:30:10 the20year: last time we had a vote to ask the direction of what shareholders wanted to do , it came back as 40/60 in terms of distribution (Re-investing 40%, distributing the rest)

23:30:21 Duffer1: heed MPs caution theo

23:30:36 the20year: Ideally, i'd like to see the original purchase price re-invested, so the property pool doesn't shrink

23:31:15 theo__: Duffer i have to many BTC to leave them sit as only BTC i need to diversify and RENT offers a realistic aproach to reinvestment with his companies share value only increasing even with the price of bitcoin 8x higher then his inittal IPO

23:31:35 Duffer1: i had 200 btc once, now i have 20

23:31:41 the20year: Yeah, we did quite well in the runup on prices, that was till bitfunder collapsed

23:31:57 theo__: i had 6000 once duffer... we all learn

23:32:02 mircea_popescu: do we ?

23:32:19 theo__: the20year: Bitfunder?

23:32:22 nubbins`: http://imgur.com/EyRjQRf

23:32:23 ozbot: imgur: the simple image sharer

23:32:31 nubbins`: to protect and serve ...yourself at mcd's as fast as possible

23:32:31 the20year: Yeah

23:32:34 the20year: We were on BF from the june IPO through it shutting down

23:32:35 mircea_popescu: i had 500`000 altcoins once...

23:33:03 the20year: Price ranged from .011 (IPO price), to a high of .0365 or so

23:33:04 theo__: Ah i getchya now

23:33:11 assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [-]

23:33:22 mircea_popescu: nubbins` http://25.media.tumblr.com/tumblr_md9u32IbIn1ru15g3o1_1280.jpg

23:33:23 mircea_popescu: even.

23:33:37 nubbins`: hm, you win this round

23:33:54 theo__: And you will have first dividend out on the 15th? Which if i look at it right will be averaging a ~3% yield because of the new IPO purchasing power not being included. This would be about right?

23:34:12 assbot: [HAVELOCK] [B.SELL] 5 @ 0.12502 = 0.6251 BTC [-] {2}

23:34:16 the20year: .7btc spread out on whatever shares there are

23:35:13 assbot: [HAVELOCK] [CFIG] 4 @ 0.080025 = 0.3201 BTC [-] {2}

23:35:27 theo__: no problems and that dividend will only be for share on havelock?

23:35:35 the20year: Yes

23:35:40 theo__: so anyone who has not moved there shares misses out.

23:35:51 the20year: Correct, it's my way of telling them to get it done :)

23:36:01 theo__: Haha I like it :)

23:36:14 assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC

23:36:28 nubbins`: http://imgur.com/gallery/K8PDa

23:36:29 ozbot: How to pass time on the train - Imgur

23:36:48 theo__: Do you mind if i ask a bit more of a personal question. As in how old you are? Just so i can get a grasp of who i am investing into, Because as far as i can tell it seems you are the company or is there more people in the managment team?

23:36:54 the20year: There's only one sizable shareholder that hasn't imported yet

23:36:56 the20year: 28

23:37:12 theo__: and 7 years experience on some major boards already not bad.

23:37:19 the20year: I'm the only real manager , if anything were to happen to me, ben from buyahash would step in to manage

23:37:28 the20year: You're speaking of the local realtor board?

23:37:37 Duffer1: Offering the Bank of Duffer1, send me your coins and next year i'll send them back to you

23:37:47 Duffer1: every single one of them

23:37:50 asciilifeform: when do we get the chainsaw-autodecapitated CEO?

23:37:53 theo__: Well i saw your credentials, and you said you had sat on 2 boards.

23:37:56 Duffer1: i won't even charge for this service

23:38:10 the20year: I think i've been on more than that, but i was president of the Pickaway board of realtors which was...fun

23:38:25 theo__: Ok

23:38:27 Duffer1: accidentally shot himself in the back a few times ceo?

23:38:30 the20year: under my careful management we liquidated the board :D

23:38:38 theo__: LOL

23:38:57 the20year: It was odd , i was the youngest, the last, and the longest overseeing president

23:39:03 asciilifeform: accidentally-filled-bathtub-with-HCL-instead-of-water CEO.

23:39:08 theo__: Can i ask a bit deeper as in are you currently still working outside of this company?

23:39:09 the20year: Median realtor age in my county is about 65

23:39:17 assbot: [HAVELOCK] [AM1] 2 @ 0.51999996 = 1.04 BTC [+]

23:39:27 theo__: Youngest = understanding it the fastest in my books anyway

23:39:30 the20year: I have a few small time businesses I run

23:39:58 the20year: I do some precious metals investing, website development, and I hear my brother will pay me some day

23:40:08 theo__: so you'r not on any boards anymore that could restrict your commitments to the company if it is to turn well?

23:40:10 mircea_popescu: asciilifeform "i can't believe it wasn't butter"

23:40:15 the20year: no

23:40:17 theo__: or other work commitments persay

23:40:17 the20year: I got rid of all those 2 years ago

23:40:25 mircea_popescu: persay ?

23:40:38 the20year: Nope, i sold off my website company that was taking most of my time in September

23:40:54 theo__: Perfect.

23:41:21 asciilifeform: 8 shots -> somebody wanted to know where the coldwallet is.

23:41:25 nubbins`: "This week Russia praised the United States for its rich history of making gay athletes feel unsafe and unwelcome"

23:41:26 nubbins`: heh

23:41:34 theo__: Do you have an email or any other form of communication to talk more privately? I may think about becoming a largish scale investor in your company. I am liking the way you hold yourself and your answers.

23:41:46 mircea_popescu: ok i gotta put the markov chain on ignore, this is too much.

23:41:48 the20year: brandonschlichter@gmail.com and my cell phone # is 740-571-1606

23:41:54 the20year: all that information though is on the contact details at HL :)

23:42:13 theo__: I will use email, I am international.

23:42:29 the20year: my skype id is www.1337ventures.com

23:42:49 the20year: for some reason all the guys at havelock hate text commuication and always call

23:42:51 the20year: Not that i mind it, whomever I'm talking to at HL is quite bright

23:42:57 mircea_popescu: nubbins` according to the onion, 80% of us adults get their news from the onion.

23:43:45 theo__: So the new company who owns havelock you haven't had any problems with? as this was something i noted on the bitcointalk.org forum that people were complaing / being weary of

23:43:54 the20year: So far so good

23:44:02 the20year: There was one guy i talked to who was alright, lots of miscommunication

23:44:10 the20year: Then they sent me to some other guy who cleared up literally everything in a 30m phone call

23:44:11 Duffer1: the panama fund is shady as fuck

23:44:23 the20year: and out of all the people i've talked to, he seemed to know what he was doing

23:44:31 theo__: duffer1: can you explain why that is at all sorry?

23:45:03 Duffer1: the quality of the offerings since takeover is what i base that on

23:45:32 theo__: ok, and is each share = to 1 vote in the company? so at the end of the day with you retaining 60% stock you always have the winning vote? or will you have your's as a vote of absence and decided only in deadlock?

23:46:05 the20year: As it is right now, i have control and can do essentially what I want, but as I had stated in the past , i want to do like a board of directors type of thing

23:46:05 Duffer1: with the exceptions of rentalstarter and maybe neobee ofc

23:46:21 the20year: IE have the top 5 or 10 shareholders get a director position, where we then make the right choices

23:46:22 theo__: duffer1: anything further? i would agree that the mintspare company seems shit and also the bitcoin mining derivitive i stay the F away from. But to me seedcoin I was one of the best put companies in a while (well until i saw REAL)

23:46:24 assbot: [HAVELOCK] [RENT] 90 @ 0.0055 = 0.495 BTC

23:46:44 the20year: Seedcoin looks great IMO

23:47:12 Duffer1: i haven't looked into seedcoin at all actually

23:47:19 theo__: agreed i own a few to many but lol got excited with there IPO and now own 3000 @ the IPO price >.>

23:47:33 the20year: I'd of enjoyed listing on mpex, but investors said no

23:47:45 asciilifeform: http://www.sacbee.com/2014/02/06/6136333/calif-leaders-outline-proposed.html

23:47:46 ozbot: California leaders push for smartphone kill switch - Wire Technology - The Sacramento Bee

23:48:08 theo__: the20year, i think stay away from mpex as well. Not user friendly unless high level computer user, and i personally believe its tied into a giant drug laundering scheme

23:48:21 Duffer1: mainly it was peta/cfig/mintspare that really tells me they're not interested in investors, they just want to fleece customers

23:48:28 nubbins`: mircea_popescu, probably the only truth on the website

23:48:54 theo__: the20year: how much will it be to make it onto the board of directors because that is something that has now caught my attention

23:49:12 the20year: Mpex is sort of a bitter/sweet thing , high potential for large investment, but high capital to list, and most of my investors stated to me that they wouldn't migrate

23:49:24 the20year: What I'd like to do is take from either the top 5 or top 10 shareholders

23:49:27 assbot: [HAVELOCK] [AM1] 9 @ 0.51999996 = 4.68 BTC [+]

23:49:31 mircea_popescu: asciilifeform believe it or not, the most offensive part in there is the "leaders"

23:49:36 the20year: Or maybe a 5 top shareholders + 5 shareholders as voted by the body

23:49:45 mircea_popescu: what the fuck leaders, that's not what you call a herd of pencilnecks.

23:50:05 the20year: It's california

23:51:02 theo__: Perfect, the only thing i could see with being the problem is, do the top 5 share holders want a say in the company as in being a director as i think a lot of the investors (especially early IPO) would of just been using it to invest there BTC into real world without the proper understandings to be able to help run something such as this

23:51:05 mircea_popescu: "In San Francisco alone, about 60 percent of all robberies involve the theft of a mobile device, Police Chief Greg Suhr said. In nearby Oakland, such thefts amount to about 75 percent of robberies, Mayor Jean Quan added."

23:51:10 mircea_popescu: wait. in OAKLAND ?!

23:51:18 the20year: And that's my concern

23:51:25 mircea_popescu: is this a different oakland ?

23:51:29 assbot: [MPEX] [S.MPOE] 7371 @ 0.00086512 = 6.3768 BTC [+]

23:51:53 the20year: Out of the guys we have, there's 3 I really like that do understand business, one is absolutely fantastic, most others don't have much of a interest, so the problem/issue becomes how do I get to cherry pick those that help control the company?

23:52:03 theo__: Agreed

23:52:44 theo__: I suppose those that communicate with yourself and others inside the company and those who are eager to be involved in more then just "LETS THROW MONEY AT IT!!!!!!"

23:53:02 the20year: Yeah

23:53:09 the20year: Now, we do have the IRC channel at #rentalstarter which helps alot

23:53:31 assbot: [MPEX] [S.MPOE] 14050 @ 0.00086475 = 12.1497 BTC [-] {2}

23:53:32 theo__: FYI i have a degree in business majoring in finance and minor in financial markets.

23:53:55 theo__: ok

23:54:07 theo__: I may slide over to the channel soon and see how its rocking :)

23:54:21 the20year: that's where i post up the daily details on what's going on

23:54:31 BingoBoingo: asciilifeform: It looks like nike style "You only need intercept the general area" missile defense might make a comeback http://thediplomat.com/2014/02/will-hypersonic-capabilities-render-missile-defense-obsolete/

23:55:39 the20year: Laser based systems can put the hurt on hypersonics

23:56:01 theo__: Thank's for your time the20year il slide over there, and keep an eye on this. Btw congratulations so far on selling ~5500 shares so far.

23:56:37 the20year: We have a minimum funding goal of $50k, hopefully we can get there soon so we can get it released and another property

23:57:12 Namworld: There's already efficient missile defense system for small ones that are cheap enough. Soon enough yeah, laser.

23:57:24 the20year: not for hypersonics

23:57:59 the20year: Russia has a few systems deployed that are retargetable RVs that are very effective against most missile defense systems, but our systems aren't going after Russia's , they're more for iran/NK

23:58:00 BingoBoingo: Namworld: the20year: The answer existed in the 50's -> nuclear tipped air defense missiles

23:58:16 the20year: Sure

23:58:36 assbot: [MPEX] [S.MPOE] 16300 @ 0.00086422 = 14.0868 BTC [-]

23:58:47 Namworld: What's the problem if the missile is hypersonic? Drop the radar, use satellites/visual.

23:59:12 the20year: Nearly impossible to intercept with another missile, try hitting a moving target that's incoming at mach 15 to mach 20

23:59:18 Namworld: An alert, a short human check on the object to confirm, shootdown.

23:59:23 the20year: Most interceptors are traveling upwards of mach 5, so that's mach 20-25

23:59:39 BingoBoingo: https://en.wikipedia.org/wiki/Nike_Hercules#cite_ref-51

23:59:40 ozbot: MIM-14 Nike Hercules - Wikipedia, the free encyclopedia

23:59:55 the20year: The genie also kind of served the same purpose , or could be used that way at least

23:59:59 Namworld: I thought that's why they're aiming at laser defense systems.