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Transcript for 09-06-2014, 1416 lines:

00:00:07 mircea_popescu: bitcoinpete im just being an asshole.

00:00:08 kakobrekla: yeah.

00:00:14 BingoBoingo: https://twitter.com/susie_c/status/475100972004679681

00:00:16 assbot: New inbox filter for emails containing "New York," "coming to the Bay Area," "writing an article," "pick your brain" ---> auto-reply "NOPE."

00:00:23 benkay: no no, coinbr resolves to hookers

00:00:42 bitcoinpete: mircea_popescu: i've been had!

00:01:27 BingoBoingo: https://twitter.com/nntaleb/status/475753463188430848

00:01:28 assbot: The dream of having computers behave like humans is coming true, with the transformation, in a single generation, of humans into computers.

00:01:39 BingoBoingo: ^ If only

00:01:43 mircea_popescu: BingoBoingo the bestpart being that the susie chick is practically nobody anyway.

00:01:48 bitcoinpete: ;;later tell benkay shibboleeeet http://xkcd.com/806/

00:01:48 assbot: xkcd: Tech Support

00:01:48 gribble: The operation succeeded.

00:02:31 mircea_popescu: bitcoingirl: i think Kraken and circle are the drivers of the operation << SV "Bitcoin" VCs are quickly becoming this place elephants go to die.

00:02:41 BingoBoingo: mircea_popescu: The best part from he being a practical nobody is that there is a still lesser class such that even nobodies need autoresponders to dismiss them.

00:12:12 mircea_popescu: i had no idea they did that, moreover, pretty sure they didn't USE to do it.

00:12:13 thestringpuller: AMAZING

00:12:20 thestringpuller: amazing

00:12:20 assbot: AMAZING COMPANY!

00:12:33 mthreat: ^ that's what I was trying to do

00:12:36 mircea_popescu: anyway, this unearthed a bug in the credits script so you get double credit mthreat

00:12:41 mthreat: sweet

00:12:54 thestringpuller: hooray hooray!

00:12:58 thestringpuller: educate yo'selfs

00:13:36 mthreat: mircea_popescu: success

00:13:46 mircea_popescu: cool.

00:16:41 mircea_popescu: benkay: and the best question yet: why are any of these fuckers still making noise? << apparently, lack of any sort of conservation instinct.

00:17:13 BingoBoingo: mircea_popescu: Maybe the problem is the uranium mines have been unveiled yet?

00:17:50 mircea_popescu: i guess.

00:17:59 kakobrekla: FabianB

00:18:04 kakobrekla: !mp book

00:18:05 assbot: http://dpaste.com/1F4E7FY.txt

00:18:10 kakobrekla: !mp ticker

00:18:11 assbot: http://dpaste.com/1GR13WW.txt

00:18:26 mircea_popescu: pretty cute.

00:19:09 BingoBoingo: I mean they've been hinted at, but some people probably won't believe until they are wearing an breathing aparatus and hoping it holds so the Radon doesn't asphyxiate them.

00:20:04 mircea_popescu: davout: yup, they're blessed with this situation where they have a financial entity backing them, but lets them do the kyc diligences themselves << dubious blessing.

00:20:42 mircea_popescu: BingoBoingo so far, it'd seem the playbook of the vc twerp is, "1. eat as much conference rubber duck as possible ; 2. show trial ; 3. become usg informant"

00:21:34 mircea_popescu: in a few years it'll be practically speaking la serenissima vs a horde of mindless zombies controlled by the secretary of crypto, labour, housing, healthcare and other human services

00:21:41 mircea_popescu: it'll have a special crest with an eagle holding cocks.

00:22:06 BingoBoingo: Wasn't that the first draft of the S.NSA logo?

00:22:35 mircea_popescu: yeah. which explains it.

00:24:09 assbot: [MPEX] [S.MPOE] 18150 @ 0.00085415 = 15.5028 BTC [+] {3}

00:25:31 BingoBoingo: I'm guessing the first Secretary of crypto is probably going to be Jay-Z or Ashton Kutcher, because VC celibrities in the flea circus like to imagine celberities in the Hollywood circus care for them.

00:25:35 benkay: hey who wants to sell me a data center

00:25:37 mircea_popescu: pankkake: but you give them your name!! it must be true :) << actually this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s.

00:25:47 mircea_popescu: if you gave your name, the policeman was not at liberty to doubt your word.

00:26:01 benkay: bitcoinpete: leet leet leet

00:26:03 mircea_popescu: BingoBoingo nah, it'll be yet another famished dc lawyer.

00:26:19 bitcoinpete: benkay: :D

00:26:45 BingoBoingo: mircea_popescu: Also a possibility.

00:27:18 mircea_popescu: by the way, whilke going through bsas' jewish quarter today it occured to me : what if the yamaka exists solelyto hide baldness ?

00:27:31 mircea_popescu: imagine, a whole people of men who don't have to worry about their thin spot anymore.

00:28:03 benkay: lol what did they start caring about their guts?

00:28:31 mircea_popescu: but there's a shawl too.

00:29:05 benkay: that's to display wealth with fabric, thread and dye, not to conceal the rotundity of being well-fed.

00:29:36 mircea_popescu: how you know.

00:29:41 benkay: leastaways that's how i've always read it. odds of me being wrong on a thing are like 9:1

00:29:50 benkay: grew up in it.

00:30:21 benkay: tallit's an important gift to the newly adultified.

00:30:46 BingoBoingo: mircea_popescu: Generally in the US baseball caps are used to hide bald spots and thinning hair. I kind of though tthe concept was cribbed from the Jews.

00:31:10 mircea_popescu: benkay just sayin', you never know what the REAL purpose is.

00:31:19 benkay: sure ofc

00:31:26 mircea_popescu: that's the heart of all conspiracy

00:31:27 benkay: social conformity, 900 others, bla bla bla

00:33:39 mircea_popescu: !mpif

00:33:41 assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021703 BTC (Total: 434.08 BTC). Last trade for F.MPIF on MPEX was at 0.00021725 BTC [+]

00:34:00 BingoBoingo: !jd mpif

00:34:00 assbot: Current MPIF account balance on Just-Dice: 170.49500922 BTC; -0.06019199 BTC (-0.0353%) since last check 1d 21h 52m 10s ago.

00:34:19 assbot: [MPEX] [S.MPOE] 13851 @ 0.0008552 = 11.8454 BTC [+]

00:35:36 mircea_popescu: frankenmint: why couldnt i simply pass on the link directly to the cli << you could open the link in a browser and past the contents directly to the cli

00:35:44 mircea_popescu: or use some sort of pipes with wget to do this

00:39:41 mircea_popescu: kakobrekla: <frankenmint> like if the market goes sideways then use arbitrage otherwise play swing trades < yes make it so if the market goes sideways then use arbitrage otherwise play swing trades << the humour of this has not been lost on me.

00:40:01 kakobrekla: :)

00:40:41 kakobrekla: dud.

00:41:03 mircea_popescu: no milk ;/

00:41:19 kakobrekla: aww

00:41:22 BingoBoingo: Aww

00:41:24 *: kakobrekla calls usagi

00:41:45 mircea_popescu: i think this may be scam ;/

00:42:01 kakobrekla: maybe he can dox milk for 0.1 btc

00:42:21 mircea_popescu: or ddos it from his home computer

00:42:57 BingoBoingo: ;;google site:bitcoin-assets.com risperidone milk

00:42:58 gribble: No matches found.

00:46:31 assbot: [MPEX] [S.MPOE] 48200 @ 0.00085017 = 40.9782 BTC [-] {2}

00:57:05 bitcoinpete: mircea_popescu benkay tallits also bulk up the shoulders nicely, hiding the kind of scrawniness that can only come with paper pushing

01:01:46 assbot: [MPEX] [S.MPOE] 25050 @ 0.00084797 = 21.2416 BTC [-] {3}

01:06:35 thestringpuller: "if your brother was a good king, he'd still be alive" -tywin

01:18:42 benkay: the domain man.systems is available

01:18:52 benkay: i discovered this with http://dumb.domains

01:18:52 assbot: DUMB.domains

01:19:00 benkay: and was paid to deliver this message

01:19:42 benkay: ;;later tell fluffypony frisky.holdings lol you can use that for your future fund

01:19:42 gribble: The operation succeeded.

01:19:56 benkay: whoa fp offline for once

01:21:05 assbot: [MPEX] [S.MPOE] 50100 @ 0.00085274 = 42.7223 BTC [+]

01:24:08 assbot: [HAVELOCK] [CBTC] 5000 @ 0.00007007 = 0.3504 BTC [-] {4}

01:25:09 assbot: [HAVELOCK] [CBTC] 1750 @ 0.00007001 = 0.1225 BTC [-] {2}

01:44:32 mircea_popescu: mike_c hey i wanna argue with you some more. you busy ?

01:47:31 assbot: [HAVELOCK] [PETA] 37 @ 0.07377776 = 2.7298 BTC [+]

01:48:00 mike_c: fire away

01:48:16 mircea_popescu: so, are all your btc currently invested in like stocks and shit ?

01:48:29 mike_c: hm

01:48:47 mike_c: hypothetically what do you call panacea? that's not stock and shit

01:48:50 mircea_popescu: doesn't have to be the personal you. the theoretical you, as described by must always eat cake

01:48:57 mircea_popescu: ok, securities.

01:49:26 mike_c: theoretically JD isn't a security, it's bankrolling a casino.

01:49:39 mircea_popescu: it's a security (an adjusted debenture)

01:50:09 mike_c: ok. seems like a broad definition, but then yes, i suppose the theoritcal me is invested in securities.

01:50:37 mircea_popescu: 100% ?

01:50:53 BingoBoingo: Is uranium mine a security?

01:51:04 mike_c: to be clear (for the last time) we aren't talking about me, but what I would recommend.

01:51:05 BingoBoingo: And if so is it cake?

01:51:05 mircea_popescu: yourownership of it is.

01:51:14 mircea_popescu: mike_c your theoretical model.

01:51:25 mike_c: my theoritcal model would be 95% invested, yeas

01:51:28 mike_c: yeah

01:52:06 mircea_popescu: your theoretical model would be broke.

01:52:15 mike_c: it would disagree :D

01:52:37 mike_c: you mean it would be illiquid?

01:52:42 mircea_popescu: that shit where you're 95% invested at age 30 because whatever, you'll make more stiictly depends on fiat being paper.

01:53:03 mike_c: no, you're invested because no reason not to have your money out working for you

01:53:17 mircea_popescu: anyway, what i had in mind just got shot because i wasn't expecting you to be this reckless :D

01:53:22 mike_c: hehe

01:53:49 mike_c: why sit around with a huge cash balance that isn't growing when there are good investment opportunities?

01:53:50 mircea_popescu: can't fucking argue with you without a degree in mikeity.

01:54:05 mircea_popescu: i'lltell you why

01:54:40 mircea_popescu: ever heard of thierry de la villehuchet ?

01:54:44 mike_c: no

01:55:02 mircea_popescu: french aristocrat from a family that had been doing banking for centuries

01:55:03 mike_c: hm, a madoff investor

01:55:20 mircea_popescu: recently killed himself, over the net results of the wrong answer to that question

01:55:44 mike_c: lots of investors jump off buildings during every crisis cuz they are dumb.

01:56:36 mike_c: i'm not saying put 95% of your cash in pirate. or in a variety of investments that are all actually putting their money in pirate.

01:56:56 mircea_popescu: but can you know.

01:57:01 mike_c: yes.

01:57:09 mircea_popescu: which conveniently fixes the shotwound in my idea.

01:57:19 mike_c: heh. pleasure doing business.

01:57:39 mircea_popescu: the reason the theoretical you wants to buy "shitty" investments is that buying all the good investments and only those exposes you to a class risk

01:57:50 mircea_popescu: ie, they're not likely to be unrelated, whether you know this or not.

01:57:57 mircea_popescu: ie, they're all into pirate.

01:58:33 mike_c: JD is not actually running some elaborate fake movie on its site while secretly running a ponzi.

01:58:44 mircea_popescu: this is besides the point tho

01:58:50 mircea_popescu: human activity is bound in that it's run by humans.

01:59:21 mike_c: ok..

01:59:36 mike_c: so the class risk is that all BTC bizness could go belly up?

01:59:41 mike_c: like by some decree?

01:59:51 mike_c: i propose doog and kako would still return funds.

02:00:05 mircea_popescu: the class risk is that in general, all the fashionable stuff in any space tends to go belly up together a lot more than a "unrelated" model would seem to indicate.

02:00:26 mircea_popescu: and by fashionable i actually mean "good returns"

02:00:55 mike_c: so i should diversify into "bad returns". hmm..

02:02:07 BingoBoingo: Not necessarily bad returns, but... neutral returns like holding coin otherwise uninvested and other brussel sprouts.

02:02:29 mike_c: let's take a fiat example. warren invests in good companies with durable competitive advantages and global footprints. what's the class risk? he only invests in good companies?

02:03:50 mircea_popescu: the class risk is exactly that. he's now stuck derping about how "america will prevail"

02:04:07 mircea_popescu: i wouldn't want to be in his shoes. he's saved by old age, and by the fact that business cycles used to be slow.

02:04:11 mircea_popescu: this won't hold in the future.

02:04:38 mike_c: he owns lots of companies outside US, and the US companies sell more product outside america than inside. US could get wiped off map, and as long as Omaha was left standing he'd be ok.

02:05:03 mike_c: i wouldn't want to be him because he's trying to grow a capital base of $200B.

02:05:18 mike_c: plus he's 80-something

02:05:18 mircea_popescu: actually that's not particularly concerning, the size.

02:05:42 mircea_popescu: let me make this argument at you in a different vein.

02:06:06 dub: US could get wiped off map.. Inshallah

02:07:35 mike_c: i gotta pop off for 30 mins. back in a bit and will continue if you're still around.

02:08:44 mircea_popescu: aite.

02:09:19 thestringpuller: Why is Aurenheimer being a n00b?

02:09:21 *: benkay is on tenterhooks, goes back to the editor

02:09:28 thestringpuller: Guess he likes being a troll that much.

02:09:37 thestringpuller: all for the lulz

02:09:53 assbot: [MPEX] [S.MPOE] 19150 @ 0.00085274 = 16.33 BTC [+]

02:10:15 mircea_popescu: thestringpuller that'd be the best construction lol

02:13:57 assbot: [HAVELOCK] [CBTC] 3871 @ 0.00007001 = 0.271 BTC [-]

02:16:18 TheNewDeal: MP, so what's the magic number of % assets invested for us young guns

02:16:19 TheNewDeal: :D

02:17:00 assbot: [HAVELOCK] [CBTC] 12500 @ 0.00006099 = 0.7624 BTC [-] {9}

02:17:21 dub: 69%

02:19:09 mircea_popescu: TheNewDeal wait what ?

02:22:39 TheNewDeal: nice dub

02:23:06 assbot: [MPEX] [S.MPOE] 18750 @ 0.00085365 = 16.0059 BTC [+]

02:23:37 TheNewDeal: in reference to the mike_c 95% invested

02:23:44 TheNewDeal: whats the magic %age

02:24:32 mircea_popescu: well, you familiar with the kelly criterion ?

02:24:50 mike_c: i am of course.

02:25:22 mike_c: plus, i'm back.

02:26:16 mike_c: so, TheNewDeal: kelly says in the simple case (1:1 bet) to bet your edge.

02:26:35 mike_c: if you have a 5% edge, bet 5% of your bankroll

02:26:46 TheNewDeal: i just read your article about kelly the other day

02:26:54 mike_c: but it gets more complicated with odds and with multiple wagers/investments.

02:28:04 mircea_popescu: TheNewDeal now model a beting situation where you also have income

02:28:10 mircea_popescu: it'll skew the optimal towards more risk

02:28:19 mircea_popescu: the more a % of your stake the income is, the more risk you take.

02:28:32 mircea_popescu: mike_c ok so, back to our discussion

02:29:01 mircea_popescu: consider all you have is 100 btc, and jd offers you a shot at 200 btc. would you take the deal ?

02:29:16 mike_c: of course not

02:29:27 TheNewDeal: JD...

02:29:31 mike_c: justdice

02:29:38 TheNewDeal: i know

02:29:51 TheNewDeal: its a place to dump btc that you no longer wish to own

02:30:11 mike_c: mircea_popescu: and i mean of course not on the betting or investing side.

02:30:15 mircea_popescu: mike_c now, could we say that since you're proposed to either lose all your money or win 100 btc this deal isn't very good,

02:30:31 mircea_popescu: but if you were proposed to either lose all your btc or win all the btc there are, then it'd be a fine shot ?

02:31:08 mike_c: you mean 100 vs 20999900? then yes.

02:31:17 TheNewDeal: depending on the odds

02:32:54 TheNewDeal: but even your 2/3 chance of a 2X payout, kelly says to bet a fraction of your stake

02:33:02 mircea_popescu: mike_c now obviously as fair as this deal would be to you, it's still not particularly fair to jd.

02:33:13 mircea_popescu: in fact, the poorer you are, the further your fair deal is forsanity

02:33:28 mircea_popescu: EXCEPT if you're worth ~7 mn btc. then the deal is actually fair for both ends.

02:33:46 mike_c: fair but foolish, yes.

02:33:47 mircea_popescu: this is precisely why i said earlier 200bn isn't the concern. the bigger you grow, the more deals are exposed to you.

02:34:11 mike_c: not sure i give you that. different deals are exposed. some are removed.

02:34:18 mircea_popescu: none are removed.

02:34:32 mircea_popescu: as a hot guy you can still fuck all the ugly chicks you want

02:34:42 mircea_popescu: as a smart guy you can still say all thestupid shit you may want to say

02:34:54 mircea_popescu: the fact that you don't want to do it doesn't mean it's been removed.

02:35:15 mike_c: removed from the world of "profitable options"

02:35:49 mike_c: it is not profitalbe to spend my time making 50% on 2m instead of 2% on 100b.

02:36:19 assbot: [HAVELOCK] [PETA] 2 @ 0.07370061 = 0.1474 BTC [-]

02:37:23 mike_c: but, not to sidetrack if that wasn't the main point.

02:38:21 assbot: [HAVELOCK] [PETA] 2 @ 0.0727658 = 0.1455 BTC [-]

02:41:37 mircea_popescu: i don't follow this logic, even if it is a sidepoint

02:44:41 mike_c: only so much time in the day. it is unprofitable to spend it on endeavors that can't return a reasonable percentage on my enlarged capital base.

02:44:53 mircea_popescu: what's the percentage matter.

02:46:27 TheNewDeal: diversification maaan

02:46:48 mike_c: why would i expend effort on something that may significantly increase 1% of my base instead of something that will only moderately increase 20% of my base? it would be unprofitable.

02:47:07 mircea_popescu: to put it another way : behind door A there's a bacterium. in the proper agar it doubles every half minute. behind door B there's a naked buxom beauty. you can pick either door, the prize will be entirely yours to dispose as you please.

02:47:10 mircea_popescu: you're taking the bacterium ?

02:48:48 assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/2R06PDC.txt )

02:48:48 BingoBoingo: !b 2

02:48:50 mike_c: i am failing to map that metaphor onto our financial discussion.

02:48:52 punkman: aesthetics are important

02:49:47 BingoBoingo: Hauling trash can offer great returns, but it isn't very fun or glamorous.

02:49:53 mircea_popescu: mike_c well, there's this chain of pizzerias, which will be doubling each year for the next decade, yielding a bunch of pizzerias.

02:50:11 mircea_popescu: or, there's benkay's ocean mining conglomerate, which will gain 10% over the same decade

02:50:18 mircea_popescu: which 10% could buy about one trillion pizzerias.

02:50:19 mircea_popescu: which ?

02:50:33 mike_c: well, this is kind of my point.

02:50:51 mike_c: with a huge capital base you don't even consider the pizzerias

02:51:12 mike_c: wait

02:51:20 mircea_popescu: lol

02:51:34 assbot: [MPEX] [FT] [X.EUR] 1114 @ 0.00207449 = 2.311 BTC [-] {3}

02:52:04 mike_c: pizzeria = $100k. will double for 10 years yielding.. $100m

02:52:21 mike_c: with $200b in equity you ignore that shit.

02:52:27 mike_c: because it is a waste of yoru time.

02:52:32 mike_c: that opportunity is not yours.

02:52:43 mike_c: it is the opportunity of a lifetime for the guy with 100k.

02:52:43 mircea_popescu: it's a waste of everyone's time, just, others don't have the luxury to notice.

02:52:59 TheNewDeal: lol

02:53:01 mircea_popescu: like you know, a dribblet of cum i spilled on the floor is something my well sated slaves ignore

02:53:15 mircea_popescu: but would be the opportunity of a lifetime for a random girl off twitter.

02:53:54 mike_c: ok :) fine. so if you assume the people worth talking about all have an enlarged capital base, then we can scope the conversation to that.

02:54:01 mircea_popescu: this is why i introduced the bitcoin gambling thing. to point out that the world is a snowglobe whether you are big enough to notice or not.,

02:54:25 mircea_popescu: and in that context, a large capital base works you no harm.

02:56:08 mircea_popescu: http://www.bootygirlz.com/boobygirl_home.shtml << the revenge of 1992

02:56:10 assbot: Bootygirlz.com Buxom White Whore Boobygirl sucks and fucks Groups of Hung Black Men

02:57:05 mthreat: buffett talks about that a lot, e.g. from 1994: "Though there are as many good businesses as ever, it is useless for us to make purchases that are inconsequential in relation to Berkshire's capital. … We now consider a security for purchase only if we believe we can deploy at least $100 million in it. Given that minimum, Berkshire's investment universe has shrunk dramatically.

02:57:12 mthreat: "

02:57:18 mircea_popescu: sure.

02:57:42 mircea_popescu: he also says that he's not going to discuss his strategy given that it's valuable and easily replicated

02:57:49 mike_c: ok.. perhaps this will bring our lines of thought closer: in my theoretical model, someone with as much bitcoin as you should absolutely not be 95% invested.

02:57:56 mircea_popescu: soyou know, gotta take what the man says with a gtain of salt.

02:58:38 mircea_popescu: mike_c well amusingly enough i actually am holding tons of paper. just, it's to a large degree my own.

02:58:38 TheNewDeal: regardless, Buffet's capital is how many times greater than most people?

02:59:42 mircea_popescu: which brings us to the problem : because bitcoin is fixed, a 95% investment situation will be unavoidable statistically. as the value of all paper will much exceed the value of cash btc available, willy-nilly.

02:59:55 mircea_popescu: and so everyone will be quite invested.

03:00:14 mircea_popescu: which is why the stability of the investment universe is actually drastically more important for bitcoin than for fiat.

03:01:28 mike_c: and "cash" will still be king :)

03:02:45 assbot: [MPEX] [S.MPOE] 34736 @ 0.000854 = 29.6645 BTC [+] {3}

03:03:58 TheNewDeal: btc not the king?!?!

03:04:15 mike_c: keep up here, cash = liquid btc

03:04:21 TheNewDeal: ahhh

03:04:41 TheNewDeal: MP i've got a question about reported results for btc companies

03:04:59 mike_c: although mp has proposed that ballers swap shares of mpoe like it's cash. which is interesting.

03:05:10 TheNewDeal: specifically, why doesn't bitbet have a report like "bets pending, resolved, gain, etc"

03:05:16 TheNewDeal: like when I look up my betting address

03:05:58 TheNewDeal: the way they report it now - with bets made taken as a windfall, and bets resolved as a gain, kind of hides their results of their bets

03:06:28 mike_c: catch you guys tomorrow.

03:08:56 mircea_popescu: TheNewDeal becase back when bitbet was invented we didn't have an0 yet.

03:09:32 mircea_popescu: !up smickles

03:09:40 mircea_popescu: meanwhile the channel went +m

03:09:43 TheNewDeal: but now bets are greater than incoming revenue

03:09:53 mircea_popescu: you gotta id with gribble then pm assbot !up to get permavoiced.

03:10:01 mircea_popescu: ;;gettrust assbot smickles

03:10:02 gribble: Currently authenticated from hostmask smickles!~ec2-user@ec2-54-227-61-57.compute-1.amazonaws.com. Trust relationship from user assbot to user smickles: Level 1: 0, Level 2: 8 via 8 connections. Graph: http://b-otc.com/stg?source=assbot&dest=smickles | WoT data: http://b-otc.com/vrd?nick=smickles | Rated since: Wed Jan 4 21:28:52 2012

03:10:08 smickles: !up

03:10:10 mircea_popescu: TheNewDeal well yeah that can happen. it's rare

03:10:16 mircea_popescu: smickles in pm tho

03:10:17 smickles: tst

03:10:43 mircea_popescu: there.

03:10:56 smickles: whee :)

03:11:13 mircea_popescu: http://fraudsters.com/2014/bitcoin-assets-m/ for background

03:11:14 assbot: #bitcoin-assets +m pe fraudsters - Un blog de Mircea Popescu.

03:11:46 smickles: it's like the channel just went on without me

03:12:13 mircea_popescu: haha. i don't even recall, where you here when logs were introduced ? the bash ?

03:12:28 mircea_popescu: we even have a secretary now, with a phone number and everything.

03:12:34 smickles: maybe just the beginning

03:12:45 mircea_popescu: ;;topic

03:12:46 gribble: http://bitcoin-assets.com || http://log.bitcoin-assets.com || http://bash.bitcoin-assets.com || http://blogs.bitcoin-assets.com

03:12:55 mircea_popescu: and a blog network!

03:13:00 smickles: oh my, can I even type words properly anymore?

03:13:44 smickles: what a thing this is now!

03:14:15 mircea_popescu: ikr.

03:14:47 smickles: do people get de-voiced if assbot has a low L2 of them?

03:14:50 mircea_popescu: ;;google site:log.bitcoin-assets.com reutersemily

03:14:51 gribble: NEXT: 21-03-2014 - #bitcoin-assets log: http://log.bitcoin-assets.com/?date=21-03-2014; NEXT: 23-04-2014 - #bitcoin-assets log: http://log.bitcoin-assets.com/?date=23-04-2014; NEXT: 22-03-2014 - #bitcoin-assets log - bitcoin-assets.com: http://log.bitcoin-assets.com/?date=22-03-2014

03:15:04 mircea_popescu: smickles if it's <1 they justcan't self voice anymoar.

03:15:58 assbot: [MPEX] [S.MPOE] 17750 @ 0.00085638 = 15.2007 BTC [+] {2}

03:17:46 smickles: so much to read, no way i'll get current hehe

03:18:24 mircea_popescu: lol

03:18:30 BingoBoingo: smickles: Either that or the kids will be out of the house.

03:19:28 smickles: ah, speaking of that. I have to give them a bath. bb in 20 min or so

03:34:11 smickles: bak

03:36:32 TheNewDeal: how did bathing the little shits go?

03:38:31 mircea_popescu: !up unbalanced

03:40:02 smickles: TheNewDeal: awfully

03:40:14 smickles: they are tired, i did it too late in the day

03:40:43 TheNewDeal: that sounds like a good deal?

03:53:35 assbot: [MPEX] [S.MPOE] 10691 @ 0.00085392 = 9.1293 BTC [-]

04:01:19 TheNewDeal: bitcoin network needs some steriods this week

04:02:09 mircea_popescu: ;;estimate

04:02:10 gribble: Next difficulty estimate | 11861036168.8 based on data since last change | 11960937288.6 based on data for last three days

04:03:01 BingoBoingo: I'd be thrilled if it stalled out until Bastille Day

04:03:02 Mats_cd03: ;;bc,stats

04:03:04 gribble: Current Blocks: 304889 | Current Difficulty: 1.1756551916903952E10 | Next Difficulty At Block: 306431 | Next Difficulty In: 1542 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 22 minutes, and 33 seconds | Next Difficulty Estimate: 11876740684.2 | Estimated Percent Change: 1.02231

04:03:40 TheNewDeal: I'm updating TheNewDeals estimate to 4.8% increase

04:03:45 assbot: [MPEX] [S.MPOE] 27213 @ 0.00085428 = 23.2475 BTC [+] {2}

04:06:57 TheNewDeal: still looks like there should be a third change unless things start going backwards

04:07:27 TheNewDeal: ;;calc (14/11.756)^(1/3)

04:07:28 gribble: Error: Something in there wasn't a valid number.

04:07:40 TheNewDeal: ;;calc (14/11.756)**(1/3)

04:07:40 gribble: 1.05996002345

04:08:02 benkay: wowee. 4.8% you say?

04:08:52 TheNewDeal: my model is with starting hashrate of 83.5 PH and a daily growth rate of 1.0095

04:09:12 TheNewDeal: trying to be conservative

04:10:08 TheNewDeal: I'm pretty noobish at modeling a random walk though

04:10:15 TheNewDeal: so I skipped that

04:14:56 assbot: [MPEX] [S.MPOE] 1609 @ 0.00085274 = 1.3721 BTC [-]

04:15:54 mircea_popescu: !up btamm13

04:17:59 assbot: [MPEX] [S.MPOE] 18791 @ 0.00084926 = 15.9584 BTC [-]

04:18:38 benkay: TheNewDeal: care to take a guess at when the diff will finally reverse?

04:18:49 TheNewDeal: ohmygosh

04:19:17 benkay: ?

04:19:28 TheNewDeal: I haven't the slightest clue

04:20:26 TheNewDeal: http://bitcoin.sipa.be/growth.png this one makes it look like august/september (if the trend continues*)

04:23:15 TheNewDeal: I've got a lot of my stake invested in the Bastille Day, starting to make me sweat

04:24:51 mircea_popescu: later all.

04:25:06 assbot: [MPEX] [S.MPOE] 17600 @ 0.00085509 = 15.0496 BTC [+] {2}

04:25:11 TheNewDeal: peace

04:25:18 thestringpuller: IDIFF may be a better bet to make overall

04:25:33 TheNewDeal: idiff?

04:26:12 TheNewDeal: oh, I'm not on mpex unfortunately

04:26:26 TheNewDeal: not nearly as rich as you all

04:28:29 TheNewDeal: I felt the desire to take a risk with an a decent amount of my capital on something that actually can be calculated easily

04:28:58 TheNewDeal: getting very tired with btc price bets

04:30:12 thestringpuller: i don't use mpex

04:30:14 thestringpuller: just coinbr

04:30:17 TheNewDeal: ooooh

04:30:34 thestringpuller: i'm also one of the few people here who's fiat cashflow > crypto cash flow

04:30:34 TheNewDeal: who runs that?

04:30:38 thestringpuller: jurov:

04:32:41 TheNewDeal: wait a second

04:32:47 TheNewDeal: those x.diff look underpriced

04:33:14 assbot: [MPEX] [S.MPOE] 71926 @ 0.00085021 = 61.1522 BTC [-] {4}

04:33:47 TheNewDeal: ahhh maybe it's pretty accurate

04:35:16 assbot: [MPEX] [S.MPOE] 9850 @ 0.00085564 = 8.4281 BTC [+]

04:37:57 thestringpuller: hmmm

04:38:26 thestringpuller: ;;bc,stats

04:38:28 gribble: Current Blocks: 304890 | Current Difficulty: 1.1756551916903952E10 | Next Difficulty At Block: 306431 | Next Difficulty In: 1541 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 12 minutes, and 53 seconds | Next Difficulty Estimate: 11879938287.0 | Estimated Percent Change: 1.04951

04:38:54 TheNewDeal: gribble is such a copycat

04:39:13 thestringpuller: hmmm

04:39:29 TheNewDeal: totally just updated my prediction to 4.8%

04:39:56 cazalla: don't sweat it TheNewDeal, it's a lock

04:40:21 assbot: [MPEX] [S.MPOE] 27883 @ 0.00084734 = 23.6264 BTC [-] {2}

04:40:22 thestringpuller: it might not happen before June IDIFF settles

04:40:53 thestringpuller: the diff change

04:40:56 thestringpuller: if it does...

04:41:01 TheNewDeal: I've got the diff change happening around 06:00 on 6/18 GMT time

04:41:22 assbot: [MPEX] [S.MPOE] 15717 @ 0.00084622 = 13.3 BTC [-] {2}

04:41:35 thestringpuller: that's after

04:41:37 TheNewDeal: that's with a 13.35 day total time between diff changes

04:41:38 thestringpuller: it settles

04:41:50 TheNewDeal: it said midnight of thi no?rd wednesday, or 6/18

04:42:00 TheNewDeal: it said midnight of third wednesday, or 6/18, no?

04:42:17 thestringpuller: oh i guess 11:59 on 6/18

04:42:25 TheNewDeal: 23:59

04:43:04 thestringpuller: yea or that

04:43:14 thestringpuller: hmm, gonna be close

04:43:22 thestringpuller: ;;google why does claire danes never age?

04:43:22 gribble: Claire Danes - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Claire_Danes; Claire Danes - Biography - IMDb: http://www.imdb.com/name/nm0000132/bio; Claire Danes Biography - Facts, Birthday, Life Story - Biography.com: http://www.biography.com/people/claire-danes-20691429

04:44:01 TheNewDeal: ;;google photoshop

04:44:01 gribble: Photoshop Inspiration, Photoshop Information | Photoshop.com: http://www.photoshop.com/; Photoshop Online Tools | Photoshop.com: http://www.photoshop.com/tools; Download Photoshop CC by joining Creative Cloud today | Adobe ...: http://www.adobe.com/products/photoshop.html

04:44:14 TheNewDeal: this one looks a little iffy https://www.google.com/search?q=claire+danes&safe=off&es_sm=122&source=lnms&tbm=isch&sa=X&ei=fzuVU8f4MNizyAT6i4HIAw&ved=0CAgQ_AUoAQ&biw=1366&bih=643#facrc=_&imgdii=_&imgrc=eojvOvIhxj6grM%253A%3BF43YDPK0VqpqnM%3Bhttp%253A%252F%252Fimages.beautyriot.com%252Fphotos%252Fclaire-danes-straight-blonde-romantic-updo-hairstyle.j

04:44:15 assbot: claire danes - Google Search

04:44:15 TheNewDeal: pg%3Bhttp%253A%252F%252Fwww.beautyriot.com%252Fcelebrities%252Fclaire-danes%252Fphoto-claire-danes-straight-blonde-romantic-updo-hairstyle-pid27671%3B400%3B544

04:45:10 TheNewDeal: but she does look like she non-ages well

04:47:25 thestringpuller: lol

04:49:43 TheNewDeal: that's kinda neat that all mpex people can create i.diff futures

04:50:11 Mats_cd03: claire danes is scary

04:51:12 TheNewDeal: pretty good looking in my opinion

04:51:46 TheNewDeal: http://media1.onsugar.com/files/2013/09/24/087/n/1922398/7d58b88d6672e166_thumb_temp35398911380070601/i/Claire-Danes-Homeland-Premiere-Video.jpg

04:54:34 TheNewDeal: cazalla would you like to buy some of my exposure to the bastille day bet?

05:00:39 cazalla: i've already bet yes so i'll pass

05:01:15 TheNewDeal: doh

05:02:01 cazalla: dw, it's like the Oklahoma Michigan bet and nobody had that one

05:03:38 TheNewDeal: not familiar with the one you're referring to

05:04:05 cazalla: the one with the crooked fkn zebras

05:04:39 TheNewDeal: whaaaaaaaaat

05:04:42 TheNewDeal: oh

05:04:44 TheNewDeal: refs

05:05:00 cazalla: ha sorry :P

05:05:35 TheNewDeal: sorry, still lost me here

05:33:13 assbot: [MPEX] [S.MPOE] 8750 @ 0.00085147 = 7.4504 BTC [+]

05:34:14 assbot: [HAVELOCK] [CBTC] 4000 @ 0.00005366 = 0.2146 BTC [-]

05:35:15 assbot: [MPEX] [S.MPOE] 27650 @ 0.00085125 = 23.5371 BTC [-] {2}

06:05:45 assbot: [MPEX] [S.MPOE] 41100 @ 0.00085102 = 34.9769 BTC [-] {3}

06:16:56 assbot: [MPEX] [S.MPOE] 23500 @ 0.00085081 = 19.994 BTC [-]

06:17:57 assbot: [MPEX] [S.MPOE] 6250 @ 0.00085074 = 5.3171 BTC [-] {2}

06:31:10 assbot: [MPEX] [S.MPOE] 30490 @ 0.00085066 = 25.9366 BTC [-]

06:43:22 assbot: [MPEX] [S.MPOE] 81595 @ 0.00085596 = 69.8421 BTC [+] {3}

06:46:57 fluffypony: lol

06:47:22 fluffypony: ;;later tell benkay F.OLD as the symbol?

06:47:22 gribble: The operation succeeded.

06:55:34 assbot: [HAVELOCK] [PETA] 10 @ 0.07270056 = 0.727 BTC [-] {2}

06:57:36 assbot: [MPEX] [S.MPOE] 32550 @ 0.00084983 = 27.662 BTC [-] {2}

07:14:53 assbot: [MPEX] [S.MPOE] 28341 @ 0.00085549 = 24.2454 BTC [+] {2}

07:19:58 assbot: [HAVELOCK] [B.MINE] 10 @ 0.0232046 = 0.232 BTC [-]

07:20:59 assbot: [HAVELOCK] [B.MINE] 10 @ 0.0232021 = 0.232 BTC [-]

07:22:00 assbot: [HAVELOCK] [PETA] 10 @ 0.07200041 = 0.72 BTC [-]

07:23:02 assbot: [HAVELOCK] [SCRYPT] 9 @ 0.0250331 = 0.2253 BTC [-] {3}

07:23:03 assbot: [HAVELOCK] [B.MINE] 20 @ 0.0235962 = 0.4719 BTC [+]

07:24:02 assbot: [HAVELOCK] [PETA] 6 @ 0.07200031 = 0.432 BTC [-] {2}

07:26:51 Namworld: CBTC is still valued quite high.

07:27:05 assbot: [HAVELOCK] [B.MINE] 19 @ 0.02327155 = 0.4422 BTC [-] {2}

07:27:48 jurov: <benkay> [00:00:24] no no, coinbr resolves to hookers << what?

07:31:22 Namworld: The mermaid, he must recognize her, must be one of his local hookers.

07:31:47 Namworld: That's the most logical explanation I can find, and it's not very logical, but eh.

07:32:13 fluffypony: this is classic

07:32:13 fluffypony: https://bitcointalk.org/index.php?topic=529946.msg7204419#msg7204419

07:32:13 assbot: Neo & Bee talk (spam free thread)

07:32:19 fluffypony: "havelock should hv done their checks on him and not offer scam companies."

07:32:25 fluffypony: if only.

07:33:11 assbot: [MPEX] [S.MPOE] 23296 @ 0.0008566 = 19.9554 BTC [+]

07:33:24 Namworld: What kind of checks can they run at all anyway? Dox people? Seems limited to that.

07:36:12 fluffypony: Namworld: I think that a starting point would be historicity

07:36:16 fluffypony: which is what the WoT provides

07:36:59 fluffypony: the person is a) known, b) trusted by some when trading / lending / borrowing / dealing, c) has been around for a while, d) has not absconded with funds in the history of their presence on the WoT

07:37:06 fluffypony: just a starting point, mind you

07:37:15 assbot: [HAVELOCK] [CFIG] 5 @ 0.05051919 = 0.2526 BTC [-] {3}

07:39:50 jurov: this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you

07:42:04 jurov: <assbot> [00:33:43] BtcAlpha.com F.MPIF Tracker << kakobrekla you said you don't do assbot ad slots :D

07:42:20 assbot: [HAVELOCK] [SF1] 1000 @ 0.0003 = 0.3 BTC [+]

07:42:26 BingoBoingo: !mpif

07:42:28 assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021704 BTC (Total: 434.10 BTC). Last trade for F.MPIF on MPEX was at 0.00021725 BTC [+]

07:42:41 BingoBoingo: !jd mpif

07:42:41 assbot: Current MPIF account balance on Just-Dice: 170.51197619 BTC; +0.01696697 BTC (+0.0100%) since last check 7h 8m 41s ago.

07:43:21 assbot: [MPEX] [S.MPOE] 24900 @ 0.00085413 = 21.2678 BTC [-] {2}

07:43:21 assbot: [HAVELOCK] [SF1] 359 @ 0.0003 = 0.1077 BTC [+]

07:47:17 BingoBoingo: %ticker

07:47:19 atcbot: [X-BT] Bid: 144 Ask: 270 Last Price: 273 24h-Vol: 0k High: N/A Low: N/A VWAP: N/A

07:47:48 Namworld: fluffypony, the real world doesn't care about reality. You dox people and that's it.

07:48:07 Namworld: You don't dig for dirt.

07:48:26 fluffypony: Namworld: but what does knowing their real identity do? they could have run all sorts of scams and just not (yet) been caught, they could have had out-of-court settlements and all sorts

07:49:08 fluffypony: or even worse - they could be 100% genuine and yet still be involved in completely baseless court action that someone has taken against them (pissed off ex-girlfriend or ex-employee or ex-business-partner)

07:50:17 Namworld: If there's no criminal record, it's good enough. Notice I said the real world didn't care about REALITY.

07:51:33 Namworld: So I'm well aware of those issues... but not everyone will run proper background checks.

07:53:12 fluffypony: yeah

08:02:37 pankkake: http://www.coindesk.com/malaysian-online-retailer-accepts-bitcoin-wont-convert-fiat-currency/

08:02:37 assbot: Malaysian Online Retailer Accepts Bitcoin, Won't Convert to Fiat Currency

08:05:40 fluffypony: KILL THE MALAYSIAN PRIME MINISTER!

08:07:35 BingoBoingo: fluffypony: OMG going to get banned from Twitter nao!!!

08:07:51 fluffypony: I was just quoting Derek Zoolander - ban HIM from Twitter!

08:10:48 assbot: [MPEX] [S.MPOE] 11600 @ 0.00085243 = 9.8882 BTC [-] {2}

08:29:06 assbot: [MPEX] [FT] [X.EUR] 468 @ 0.00203981 = 0.9546 BTC [-]

08:31:08 assbot: [MPEX] [S.MPOE] 16700 @ 0.00085224 = 14.2324 BTC [-]

08:34:11 assbot: [MPEX] [S.MPOE] 18200 @ 0.00085718 = 15.6007 BTC [+]

08:49:26 assbot: [MPEX] [S.MPOE] 27290 @ 0.00084992 = 23.1943 BTC [-] {2}

08:49:57 jurov: http://www.technologyreview.com/news/527561/military-funds-brain-computer-interfaces-to-control-feelings/

08:49:57 assbot: DARPA Program Seeks to Use Brain Implants to Control Mental Illness | MIT Technology Review

08:50:59 jurov: here we go, govt-approved mental states

08:51:44 jurov: !up lamosty

08:51:52 jurov: !up xe4l

08:51:53 pankkake: https://en.wikipedia.org/wiki/Gay_bomb

08:51:53 assbot: Gay bomb - Wikipedia, the free encyclopedia

08:52:02 jurov: !up Evolyn

08:52:10 jurov: !up equex

08:52:18 jurov: !up Poffertje

08:52:29 assbot: [MPEX] [S.MPOE] 34200 @ 0.00084619 = 28.9397 BTC [-] {2}

08:52:42 jurov: !up deafboy

08:53:38 jurov: pankkake: i really hope these electrodes end up as ignobel candidates, too

09:06:01 Namworld: I really hope the "mentally ill" group doesn't include the whole Earth population

09:09:24 pankkake: they're already feeding a large chunk of the population with antidepressants

09:11:33 FabianB: kakobrekla: thanks, works great :)

09:14:38 Namworld: I was more hinting about technology eventually reaching brain control chip level and the technology being applied to everyone. Because let's face it 1. The brain is mechanical 2. You can control just about any sort of machine given the time to develop the approriate tools 3. Someone at some point in time will try to get it installed on everyone for selfish purposes.

09:16:29 pankkake: well, that's the next step

09:17:54 assbot: [MPEX] [S.MPOE] 5410 @ 0.0008472 = 4.5834 BTC [+]

09:20:36 Namworld: Eh, misuse of new technologies for the purpose of enslavement is nothing new.

09:21:59 jurov: the brain is not "mechanical" in contemporary technology sense. it's wetware with myriads of interlocking electrochemical processes

09:24:06 Namworld: Yes, I didn't mean mechanical in that fashion. More that chemical reactions are akin to machines. Although I guess it's not good practice to speak casually like that.

09:25:26 jurov: do we really have such machines? i don't think so

09:26:38 punkman: the technology of the demagogue is as old as dirt, who needs brain-controlling computars

09:27:05 jurov: even neural network simulators were found to have weakness - researchers were able to imperceptibly (to humans) change the samples which the neural networks miscategorized

09:28:37 jurov: punkman can post-traumatic depression be cured by demagogy?

09:29:11 Namworld: I never said we were there yet. The brain is extremely complex. So many molecules of all kinds, complex structures.

09:29:51 punkman: jurov, I'd guess it can

09:31:53 Namworld: Simulating/scanning a live one properly and actually controlling thoughts through simulations and predictions of inputs effects would probably require computing power and an amount of energy that just isn't realistically feasible for centuries.

09:33:58 punkman: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2022822

09:33:59 assbot: Tailspotting: Identifying and Profiting from CEO Vacation Trips by David Yermack :: SSRN

09:34:08 Namworld: But given the time to get the tools to do it, it's not unrealistic. It falls under the current known laws of physics.

09:39:48 Namworld: Unlike other things like wormholes and FTL through space compression, which are not yet falling within certain laws of physics and aren't thought to be likely. The conditions needed to make that happen are huge and uncertain.

09:39:54 jurov: well.. that's such positivist statment

09:40:12 jurov: tell me, what will mpoe trade for next month?

09:40:35 jurov: that falls under laws of physics, too :D

09:40:50 Namworld: We'll probably have brain control chips before we can get outside the solar system, assuming we're not wiped out by some cataclysmic event first.

09:41:44 Namworld: Well, I guess, but to predict that accurately, wouldn't I need to accurately simulate all brains in the world, including the Earth and all stellar input that affect those brains?

09:41:44 xmj: solar flares?

09:42:50 jurov: what if brain activity gets proven to be incomputable?

09:43:06 Namworld: Which is even worse.... when it comes to finances, we have experience of what works and doesn't, what's good signs and doesn't, and guesstimating

09:43:19 assbot: [MPEX] [S.MPOE] 27477 @ 0.00085276 = 23.4313 BTC [+]

09:43:26 Namworld: Well I'd be a bit surprised, but yes. That's always possible.

09:44:00 jurov: what's surprising?

09:44:57 jurov: even most 100-byte asm programs can't be determined whether they'll eventually finish and how

09:45:15 jurov: but hooray, let's simulate billions of neurons

09:45:50 jurov: brb

09:46:26 punkman: I have a working reddit brain simulator

09:46:34 Namworld: It's a very small amount of matter compared to the universe. I'd assume we can refine technology close enough to simulate it accurately, or almost, given the resources out there.

09:46:37 punkman: it only ever outputs "lol" though

09:48:20 Namworld: I'm sure if you could simulate the whole of the system running your 100-byte asm programs, you'd be able to determine when it would eventually finish.

09:48:55 Namworld: It's really about simulating a complete system of interacting atoms.

09:52:08 Namworld: But enough distant future hypothetical scenarios, it's not like it has any usefulness, other than maybe entertaining oneself.

09:52:22 Namworld: It's 5:50 am, I need sleep, and I'm vastly out of topic for this channel I think, mostly rambling and talking to myself.

09:54:09 Namworld: So goodnight everyone, I'll go before I spout out too much more nonsense.

10:01:37 assbot: [MPEX] [S.MPOE] 28750 @ 0.00084814 = 24.384 BTC [-]

10:10:46 assbot: [MPEX] [S.MPOE] 14200 @ 0.00084814 = 12.0436 BTC [-]

10:21:57 assbot: [MPEX] [S.MPOE] 11775 @ 0.00084697 = 9.9731 BTC [-] {2}

10:30:25 kakobrekla: jurov just giving credit where the credit is due.

10:32:07 assbot: [MPEX] [S.MPOE] 24600 @ 0.00084931 = 20.893 BTC [+]

10:39:14 assbot: [MPEX] [S.MPOE] 34102 @ 0.00084653 = 28.8684 BTC [-] {2}

10:51:26 assbot: [MPEX] [FT] [X.EUR] 313 @ 0.0020495 = 0.6415 BTC [+]

10:52:27 assbot: [MPEX] [S.MPOE] 13300 @ 0.00084736 = 11.2699 BTC [+]

10:52:27 assbot: [HAVELOCK] [PETA] 2 @ 0.07330217 = 0.1466 BTC [+] {2}

10:53:28 assbot: [MPEX] [S.MPOE] 21000 @ 0.00084609 = 17.7679 BTC [-] {2}

10:55:31 assbot: [MPEX] [S.MPOE] 1581 @ 0.00084605 = 1.3376 BTC [-] {2}

11:12:19 mircea_popescu: ;;seen Naphex

11:12:20 gribble: Naphex was last seen in #bitcoin-assets 15 hours, 12 minutes, and 48 seconds ago: <Naphex> o/

11:12:28 mircea_popescu: Naphex http://fraudsters.com/2012/piete-intreprinzatori-tehnologii-chestii/ << old skool :D

11:12:29 assbot: Piete, intreprinzatori, tehnologii, chestii. pe fraudsters - Un blog de Mircea Popescu.

11:12:37 mircea_popescu: FabianB sent.

11:14:37 mircea_popescu: ;;seen littlep1

11:14:37 gribble: littlep1 was last seen in #bitcoin-assets 18 hours, 9 minutes, and 26 seconds ago: <Littlep1> he sent me an email about the corporate failures list threatening to sue me

11:15:03 mircea_popescu: so was this a kinda lame attempt at social engineering or what.

11:16:57 mircea_popescu: Namworld: What kind of checks can they run at all anyway? Dox people? Seems limited to that. << if they don't know why are they pretending to be in business ? "oh, doctors should diagnose people not feed them random pills" "what diagnose can they do anyway"

11:19:07 mircea_popescu: jurov:

11:19:07 mircea_popescu: this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you << "During her premiership Thatcher had the second-lowest average approval rating, at 40 percent, of any post-war Prime Minister. "

11:19:34 mircea_popescu: let's not blame the wrong gal for people's brains turning to shit.

11:19:54 assbot: [HAVELOCK] [AM1] 36 @ 0.25001666 = 9.0006 BTC [+] {2}

11:21:56 assbot: [HAVELOCK] [AM1] 3 @ 0.2454 = 0.7362 BTC [-] {2}

11:22:57 assbot: [HAVELOCK] [AM1] 54 @ 0.24500666 = 13.2304 BTC [-] {3}

11:27:01 assbot: [MPEX] [S.MPOE] 13258 @ 0.00084736 = 11.2343 BTC [+]

11:35:09 assbot: [HAVELOCK] [CBTC] 4500 @ 0.00005499 = 0.2475 BTC [+]

11:36:11 assbot: [MPEX] [S.MPOE] 21815 @ 0.00084929 = 18.5273 BTC [+] {3}

11:45:19 assbot: [MPEX] [S.MPOE] 9600 @ 0.00085305 = 8.1893 BTC [+]

11:46:20 assbot: [HAVELOCK] [B.SELL] 200 @ 0.01886788 = 3.7736 BTC [-] {25}

11:47:21 assbot: [HAVELOCK] [RENT] 100 @ 0.00382684 = 0.3827 BTC [-] {3}

11:47:53 mircea_popescu: Namworld: fluffypony, the real world doesn't care about reality. << more like the reverse. reality doesn't care for whatever set you happen to have mislabeled as "the real world". probably a selection of terminally unemployable couch surfing webexperts.

11:48:22 assbot: [HAVELOCK] [CBTC] 10000 @ 0.00005033 = 0.5033 BTC [-] {7}

11:50:04 Apocalyptic: in other news, ATC price graphs from x-bt on http://atc.blockr.io/

11:50:34 Mats_cd03: hue hue hue

11:51:46 mircea_popescu: Namworld Because let's face it 1. The brain is mechanical << you know what else lets-face-it-is-mechanical ? the fucking atom.

11:51:50 mircea_popescu: or wait, notrly.

11:52:10 mircea_popescu: Apocalyptic nice1

11:52:22 mircea_popescu: hm

11:52:27 mircea_popescu: ;;seen thickasthieves

11:52:27 gribble: thickasthieves was last seen in #bitcoin-assets 2 days, 12 hours, 34 minutes, and 15 seconds ago: <ThickAsThieves> raccoons are like idiot cats

11:52:37 mircea_popescu: ;;later tell ThickAsThieves <Apocalyptic> in other news, ATC price graphs from x-bt on http://atc.blockr.io/

11:52:37 gribble: The operation succeeded.

11:53:10 mircea_popescu: 10 blocks in 25 minutes too, nuts.

11:53:12 mircea_popescu: %d

11:54:14 Apocalyptic: yeah unbalanced has rent some hashpower

11:54:25 mircea_popescu: jurov: punkman can post-traumatic depression be cured by demagogy? << yes if full specter. probably not if randomly limited.

11:55:29 mircea_popescu: !up joesmoe

11:55:41 joesmoe: test

11:55:45 joesmoe: awesome thanks man

11:55:56 mircea_popescu: lol ok i'll stfu with namworld's 1800s ideas about the brain, jurov handed him his ass pretty admirably :D

11:56:31 mircea_popescu: punkman: it only ever outputs "lol" though << must be only simulating the left brain

11:57:09 mircea_popescu: joesmoe did you want to say something ?

11:57:54 joesmoe: nah i just wanted to join in the convo

12:00:44 joesmoe: was more interested in the conversation you were having the other day about south america

12:00:49 joesmoe: but didn't get back until it was laready over.

12:02:04 mircea_popescu: well im sure there's going to be another

12:02:21 joesmoe: i was thinking about heading down there about 6 months ago before all the china stuff blrew up

12:02:36 assbot: [MPEX] [S.MPOE] 4508 @ 0.00085305 = 3.8455 BTC [+]

12:04:48 mircea_popescu: wait how did china blow up ?

12:14:08 chetty: http://www.theguardian.com/environment/2014/jun/08/pyrenees-brown-bear-pyros-sexual-castration-segregation

12:14:08 assbot: Alpha-male bear facing castration as sexual dominance threatens population | Environment | theguardian.com

12:17:28 mircea_popescu: haha hopefully the bears get food stamps next.

12:19:39 Mats_cd03: lol

12:20:54 assbot: [MPEX] [S.MPOE] 13400 @ 0.00085265 = 11.4255 BTC [-]

12:22:53 mircea_popescu: http://pgp.cs.uu.nl/plot/ this is kinda interesting stuff

12:22:53 assbot: analysis of the strong set in the PGP web of trust

12:23:56 mircea_popescu: (i am in the strong set. are you ?)

12:32:05 assbot: [MPEX] [S.MPOE] 7000 @ 0.00085158 = 5.9611 BTC [-]

12:35:03 Mats_cd03: http://www.stuff.co.nz/national/politics/10135096/Kim-Dotcom-offers-5m-for-legal-help

12:35:04 assbot: Kim Dotcom offers $5m for legal help | Stuff.co.nz

12:36:01 mircea_popescu: but is it in bitcoin

12:37:21 mircea_popescu: "We are asking for information that proves unlawful or corrupt conduct by the US government, the New Zealand government, spy agencies, law enforcement and Hollywood"

12:37:27 mircea_popescu: but... i thought he already had it etc

12:40:26 pankkake: how do you tell if you're in the strong set?

12:41:58 mircea_popescu: "The strong set is the largest set of keys such that for any two keys in the set, there is a path from one to the other."

12:42:18 mircea_popescu: basically the wot here enforces strong setness by default

12:43:32 Mats_cd03: won't be in btc which is a shame

12:44:45 mircea_popescu: pankkake you're not in it. at least not with D9889CC0

12:44:51 Mats_cd03: 7700BTC is a powerful incentive

12:45:09 pankkake: if you're on the website, then you're on the strong set

12:45:17 pankkake: I'm in it with other key(s) :)

12:45:44 mircea_popescu: neither is kako :D

12:45:51 mircea_popescu: pankkake prollybest link them then ?

12:49:21 mircea_popescu: neither is dub nor FabianB nor pigeons. but luke is http://pgp.cs.uu.nl/mk_path.cgi?FROM=2FB7B452&TO=21F4889F&PATHS=trust+paths

12:49:21 assbot: PGP trust paths : Mircea Popescu -> Luke Dashjr

12:52:02 pankkake: I'd rather not sign it, pankkake is an anonymous entity

12:52:16 mircea_popescu: oic.

12:52:24 pankkake: perhaps I could let other anonymouses I met IRL sign me, but how do they check I am myself?!

12:52:53 pankkake: (though my old key was signed by a person I've known for years)

12:53:08 pankkake: and it is in the strong set. I guess I could get in there by signing the old key in the other direction

12:57:34 mircea_popescu: check this shit out, otherthan luke and peter todd, nobody in my bitcoin wot is in the pgp strong set

12:57:45 mircea_popescu: yer all a buncher newbs!

13:08:39 los_pantalones: mircea_popescu what's a strong set?

13:09:46 mircea_popescu: los_pantalones http://log.bitcoin-assets.com/?date=09-06-2014#709988

13:09:47 assbot: #bitcoin-assets log

13:13:57 los_pantalones: tyvm

13:31:53 jurov: !up mdev

13:32:05 jurov: !up dR3

13:32:12 jurov: !up daybyter

13:32:21 jurov: !up lnostdal

13:36:38 dR3: thx jurov

13:38:18 jurov: dR3 you got your half hour of glory, speak up :)

13:38:51 kakobrekla: argle bargle im not a newb im just anon.

13:41:23 jurov: today is IPO, tomorrow is glory

13:42:19 mircea_popescu: lol

13:42:49 mircea_popescu: jurov what ipo is that ?

13:43:19 jurov: http://mpex.co/?mpsic=S.LIMBS

13:43:20 assbot: MPEx, the Bitcoin securities exchange.

13:43:29 mircea_popescu: lol

13:43:52 jurov: https://bitcointalk.org/index.php?topic=591901.0 also

13:43:52 assbot: Now is Time, tomorrow IS glory = IPO people

13:44:20 mircea_popescu: lol k

13:44:59 mircea_popescu: lmao ok this is pretty great stuff

13:46:07 fluffypony: that was my favourite

13:46:11 fluffypony: I really enjoyed that

13:47:26 mircea_popescu: we still don;t know who these are ?

13:49:42 fluffypony: I already said I was proslimbs_inc

13:49:45 fluffypony: but nobody pays attention

13:54:26 assbot: [HAVELOCK] [SCRYPT] 10 @ 0.02500111 = 0.25 BTC [+]

13:54:49 daybyter: any java coder here interested in trading code?

13:55:27 assbot: [HAVELOCK] [PETA] 3 @ 0.0735299 = 0.2206 BTC [+]

13:57:29 assbot: [MPEX] [S.MPOE] 14308 @ 0.00085265 = 12.1997 BTC [+]

14:00:51 mircea_popescu: kakobrekla a likely story :D

14:00:58 mircea_popescu: fluffypony arighjt right

14:01:04 mircea_popescu: pretty funny pony :D

14:01:24 mircea_popescu: <daybyter> any java coder here interested in trading code? << whoa just like the old days!

14:21:50 nubbins`: hi

14:22:09 mike_c: hey nubbins`. how's life.

14:22:17 FabianB: mircea_popescu: the file is encrypted for you, can you reencrypt it with my key?

14:22:26 nubbins`: not bad, backing up & wiping my iphone so i can send it in for replacement

14:23:01 nubbins`: so which of you has been leaving ;;later tells for "nubbins" and "nubbins`i"

14:23:03 nubbins`: ;;notes

14:23:03 gribble: I currently have notes waiting for agentx24, anarkitty, bakinat, bcb, benkay, bitcoingirl, cevidad, congrats, davout, Immukization, Immuzikkation, jtrunerbtc, kyledrake, moiety, MurphyLawn, nubbins, nubbins`i, Phinnaeus, ryepdx, and ThickAsThieves.

14:23:16 pankkake: ;;notes nubbins

14:23:16 gribble: Sent 3 weeks, 3 days, 17 hours, and 9 minutes ago: <jurov> chan clamors for -assets tshirt i recommend the disck surgery motive and Sent 2 weeks, 1 day, 23 hours, and 30 minutes ago: <bitcoinpete> i have a couple of the lealana physical coins (2x10, 2x25) but i'm having a hard time figuring out what they're worth. could you point me in the right direction?

14:23:31 pankkake: ;;notes nubbins`i

14:23:31 gribble: Sent 2 weeks, 1 day, 23 hours, and 30 minutes ago: <bitcoinpete> have a couple of the lealana physical coins (2x10, 2x25) but i'm having a hard time figuring out what they're worth. could you point me in the right direction?

14:23:33 nubbins`: o look

14:23:44 nubbins`: bitcoinpete is having a hard time figuring out a few things

14:24:07 nubbins`: ;;later tell bitcoinpete you're on your own with physical litecoins :(

14:24:07 gribble: The operation succeeded.

14:24:56 assbot: [HAVELOCK] [B.SELL] 10 @ 0.02033199 = 0.2033 BTC [+]

14:25:57 assbot: [HAVELOCK] [B.SELL] 10 @ 0.02021315 = 0.2021 BTC [-]

14:26:21 mike_c: ;;seen thickasthieves

14:26:21 gribble: thickasthieves was last seen in #bitcoin-assets 2 days, 15 hours, 8 minutes, and 10 seconds ago: <ThickAsThieves> raccoons are like idiot cats

14:26:32 mike_c: with rabies

14:27:10 nubbins`: and sensitive hands

14:35:22 penguirker: New blog post: http://bitcoinpete.com/2014/06/09/stranger-in-a-strange-land/

14:35:33 fluffypony: xmj: around?

14:38:09 assbot: [HAVELOCK] [B.EXCH] 29 @ 0.04405928 = 1.2777 BTC [-]

14:50:21 assbot: [MPEX] [S.MPOE] 38382 @ 0.00085314 = 32.7452 BTC [+] {2}

14:55:26 assbot: [MPEX] [S.MPOE] 8350 @ 0.00085362 = 7.1277 BTC [+] {2}

15:07:22 penguirker: New blog post: http://www.bcoinnews.com/spoondoolies-tech-sp30-yukon-specifications-leaked-bitcoin-mining-taken-next-evolution/

15:13:44 assbot: [MPEX] [S.MPOE] 29950 @ 0.00085474 = 25.5995 BTC [+]

15:18:05 dignork: there is some nonsense in spoondoolies article, for example BeagleBoneBlack

15:18:59 pankkake: why?

15:19:29 dignork: it doesn't have BB, there is an ARM chip embedded on the main board

15:19:35 thestringpuller: fluffypony: around?

15:19:49 dignork: also it's funny to call a "leak" something that is published on their site in specs :)

15:19:49 fluffypony: well I'm trying to lose weight, but I suppose you could call me a round

15:22:32 Apocalyptic: <dignork> also it's funny to call a "leak" something that is published on their site in specs :) // gotta attract the audience

15:24:06 dignork: Apocalyptic: yep, probably it's a company PR anyway, just executed by someone clueless

15:35:05 assbot: [HAVELOCK] [PETA] 5 @ 0.07200201 = 0.36 BTC [-]

15:36:06 assbot: [MPEX] [S.MPOE] 27760 @ 0.00085129 = 23.6318 BTC [-] {2}

15:38:08 assbot: [HAVELOCK] [PROV] 56 @ 0.002 = 0.112 BTC {3}

15:43:13 assbot: [HAVELOCK] [PROV] 150 @ 0.002 = 0.3 BTC

15:44:26 benkay: dunno jurov, every time i go to pull up coinbr...prostitutes.

15:45:11 dignork: so is the http://www.coindesk.com/details-spondoolies-tech-new-bitcoin-mining-asic-leaked-online/ claiming a leak of ASIC specs - hint: they where published on bitcointalk in april

15:45:12 assbot: Details of New Spondoolies-Tech Bitcoin Mining ASIC Leaked Online

15:46:01 jurov: benkay you tend to think the siren is a whore?

15:46:29 benkay: no man i swear there's something weird in the dns

15:46:34 benkay: all i get is whores

15:46:44 benkay: not bitcoins

15:46:48 benkay: it's a mystery

15:46:51 jurov: O.o

15:47:17 assbot: [MPEX] [S.MPOE] 27887 @ 0.00084992 = 23.7017 BTC [-] {2}

15:48:10 benkay: http://goo.gl/rQBclV

15:48:11 assbot: Madonna - Like a Prayer [Official Music Video] - YouTube

15:49:40 dignork: benkay: for me it resolves to 54.247.173.21, no whores, only siren. what am i doing wrong?

15:50:13 benkay: i'm just messing with you, jurov. i've never actually succeeded in piping hookers over the internet.

15:50:22 assbot: [HAVELOCK] [PETA] 3 @ 0.07200031 = 0.216 BTC [-]

15:53:16 jurov: i succeeded making my boss to

15:53:24 assbot: [HAVELOCK] [AM1] 1 @ 0.24 BTC [-]

15:53:25 assbot: [MPEX] [S.MPOE] 36300 @ 0.00085434 = 31.0125 BTC [+] {3}

15:53:31 jurov: i was explaining to him whatvV "wiki" is

15:53:53 jurov: he typed "viki" into google and automatically clicked first result

15:54:21 jurov: he got desktop changed into cunts and bookmarks and everything

15:54:24 assbot: [MPEX] [S.MPOE] 10600 @ 0.00084972 = 9.007 BTC [-]

15:54:32 mike_c: "i'm feeling lucky" ftw

15:55:19 benkay: skimpy logs. mike_c i'm taking a page out of your book and reading berkshire letters over coffee...

15:56:10 benkay: 3000 words, once per year. that's a pace i could sustain...

15:56:38 mike_c: 1965 - 76 aren't online, but the ebook is only $3.

15:56:51 mike_c: somebody prolly has them posted somewhere if you look around.

15:57:03 mike_c: all are worthwhile reading.

15:59:22 benkay: ebook stretches back to 1965?

15:59:26 mike_c: yeah

15:59:47 mike_c: interesting because the early years are him digging his way out of his first mistakes (buying a textile company)

16:00:30 assbot: [HAVELOCK] [B.MINE] [PAID] 1.87444432 BTC to 8`764 shares, 21388 satoshi per share

16:01:34 kakobrekla: thats why its not on printed editions.

16:01:48 mike_c: hehe. he's actually pretty good about beating himself up.

16:02:05 mike_c: which is easier when you are the controlling shareholder.

16:03:16 benkay: http://www.rbcpa.com/web_letters/web_letters_pre_berkshireturnedoff.html

16:03:17 assbot: Warren Buffett Letters to Partners 1959 - 1969

16:04:28 mike_c: interesting. those aren't the B/H letters, but those look good too.

16:04:51 benkay: "There are undoubtedly more mercurially-tempered people in the stock market now than for a good many years, and the duration of their stay will be limited to how long they think profits can be made quickly and effortlessly."

16:05:18 benkay: so those are the 'buffet partnership letters'

16:05:26 benkay: and not the 'berkshire hathaway letters'?

16:05:58 benkay: bah it pains me to give amazon money

16:06:07 benkay: i hate these four-hour-fuckers

16:06:40 mike_c: yes. buffet partnership, ltd bought B/H in 65

16:06:45 benkay: build a real company

16:07:13 benkay: i'm calling it a business expense. the business buys all sorts of stupid fiat scams all the time.

16:07:34 benkay: hey mike you do dev work in the states - have you ever gone in for errors and omissions insurance?

16:08:01 benkay: mike_c:

16:08:09 mike_c: i don't do contract work. i've got some other insurance covering me, D&O or something

16:12:42 assbot: [MPEX] [S.MPOE] 37445 @ 0.00084971 = 31.8174 BTC [-] {2}

16:18:16 thestringpuller: !MPIF

16:18:20 thestringpuller: !mpif

16:18:21 assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021703 BTC (Total: 434.06 BTC). Last trade for F.MPIF on MPEX was at 0.00021725 BTC [+]

16:20:56 benkay: ;;calc 17/1.3

16:20:56 gribble: 13.0769230769

16:22:53 assbot: [MPEX] [S.MPOE] 9450 @ 0.00084971 = 8.0298 BTC [-]

16:23:44 thestringpuller: !jd mpif

16:23:44 assbot: Current MPIF account balance on Just-Dice: 170.47920326 BTC; -0.03277293 BTC (-0.0192%) since last check 8h 41m 3s ago.

16:24:09 nubbins`: dat loss

16:27:39 pankkake: assbot: [HAVELOCK] [PROV] 56 @ 0.002 = 0.112 BTC {3} ← this tells everything. 3 transactions for 0.1 BTC

16:31:16 pankkake: .foundation is a newly approved TLD

16:31:24 pankkake: bitcoin.foundation already taken :(

16:32:01 assbot: [HAVELOCK] [PETA] 4 @ 0.07200031 = 0.288 BTC [-]

16:32:06 mike_c: grab altcoin.foundation. it'll be priceless.

16:33:11 nubbins`: mario kart 8 is too easy :(

16:33:21 pankkake: not priceless, it costs ~20€ :p not counting the whois protections if available

16:33:47 fluffypony: lol

16:34:09 fluffypony: pankkake: whilst you're checking, is dogecoin.foundation available?

16:34:26 fluffypony: *cue evil laugh*

16:34:35 pankkake: taken :(

16:34:51 pankkake: as well as litecoin.foundation. fuckers

16:35:04 assbot: [HAVELOCK] [AM1] 10 @ 0.22299676 = 2.23 BTC [-] {8}

16:35:18 fluffypony: dammit

16:38:08 assbot: [HAVELOCK] [AM1] 10 @ 0.22 = 2.2 BTC [-]

16:41:10 assbot: [HAVELOCK] [AM100] 150 @ 0.00230059 = 0.3451 BTC [-] {2}

16:44:27 jurov: try bitcoin.surgery

16:50:20 assbot: [HAVELOCK] [PETA] 10 @ 0.0734995 = 0.735 BTC [+]

16:51:44 nubbins`: jurov lel

17:09:38 assbot: [MPEX] [S.MPOE] 5000 @ 0.00085484 = 4.2742 BTC [+]

17:13:07 Mats_cd03: how do you recover data from an SSD with a failed microcontroller

17:16:45 assbot: [HAVELOCK] [B.MINE] 12 @ 0.02383066 = 0.286 BTC [-] {2}

17:16:46 assbot: [MPEX] [S.MPOE] 34700 @ 0.00085096 = 29.5283 BTC [-] {2}

17:18:48 assbot: [MPEX] [S.MPOE] 21130 @ 0.00085484 = 18.0628 BTC [+]

17:19:30 fluffypony: Mats_cd03: you need someone that can do this with a replacement microcontroller - http://elm-chan.org/docs/wire/wiring_e.html

17:19:31 assbot: ELM - Extreme Wiring on the Prototyping Board

17:20:34 Mats_cd03: what am i looking at

17:21:50 assbot: [HAVELOCK] [AM1] 1 @ 0.2154 BTC [-]

17:22:12 fluffypony: soldering

17:25:16 pankkake: http://www.coindesk.com/succeed-bitcoin-startup/ please rename coindesk to facedesk

17:25:16 assbot: How to Succeed With Your Bitcoin Startup

17:26:59 fluffypony: pankkake: have you seen the comment?

17:27:09 fluffypony: "Don't sell your soul to VC if you don't have to. Try community funding first.

17:27:09 fluffypony: I'm sure people would buy shares like crazy if you issue them as colored coins (if the idea is good)."

17:27:13 fluffypony: l.o.l.

17:27:30 pankkake: my javascript blocking rules don't show comments there

17:27:56 assbot: [HAVELOCK] [DEALCO] 81 @ 0.00198856 = 0.1611 BTC [+] {4}

17:27:57 pankkake: "if the idea is good" oh god :(

17:29:07 benkay: new work shipped. http://survantjames.com/ , click "Tozny"

17:29:08 assbot: Survant James - Design & Engineering

17:30:14 benkay: mircea_popescu doesn't get to see it without js sorry boss

17:30:42 pankkake: "our works" works, but not clicking on tozny. I don't see why that couldn't be possible

17:32:47 fluffypony: benkay: nice, looks pretty

17:34:55 mike_c: clicking tozny worked for me

17:34:59 benkay: mike_c: where is this berkshire ebook?

17:35:25 mike_c: http://www.amazon.com/Berkshire-Hathaway-Letters-Shareholders-Buffett/dp/1595910778

17:35:26 assbot: Berkshire Hathaway Letters to Shareholders, 2012: Warren Buffett, Max Olson: 9781595910776: Amazon.com: Books

17:36:15 pankkake: I have an un-drmed azw3 for the interested. can be easily converted to epub

17:36:19 benkay: pankkake: it pops a modal. maybe one of the designers knows how to make it happen without js, but that's like 0.001% of potential clients.

17:36:37 benkay: dorp i didn't see the "kindle 3 dollars" button

17:36:40 mike_c: it moves around a lot when i click the client boxes

17:36:55 benkay: pankkake: i'm interested.

17:37:02 mike_c: why jerk up the 'our work' header?

17:37:06 Mats_cd03: what makes you qualified to audit cryptography

17:37:06 pankkake: if you buy an ebook on amazon, you hate your freedoms :)

17:37:26 mike_c: $3 for an ebook sounds like the right price to me.

17:37:43 mike_c: paying $20 for an ebook means you hate freedom (and children)

17:38:04 fluffypony: and puppies

17:38:24 pankkake: a format that works only with amazon's reader and comes with drm, that's an horrible combo

17:39:00 pankkake: http://wikisend.com/download/960424/ first time I use the thing, tell me if it doesn't work

17:39:01 assbot: Wikisend: free file sharing service

17:39:03 mike_c: idk, i'm not in the 'everything should be free' camp.

17:39:21 fluffypony: makes two of us

17:39:23 pankkake: I buy stuff I can own

17:39:29 benkay: Mats_cd03: we found the stuff as what was wrong and unfucked it.

17:39:43 fluffypony: xmj xmj xmj xmj xmj xmj xmj

17:39:50 *: fluffypony kicks xmj in the balls

17:40:12 mike_c: you can't own fraudsters pages. gotta rent them.

17:40:43 pankkake: I can save them if I want to, and it's not trying to forbid it

17:40:54 mike_c: that is true.

17:42:04 nubbins`: y'know, i think bitcoin has actually soured my opinion of the concept of an "idea"

17:42:10 pankkake: we need the bandcamp of ebooks: no account needed, pay and get un-drmed ebook in the format of your choice

17:42:15 nubbins`: well, maybe soured isn't the word

17:42:20 nubbins`: but i look at it a different way now

17:42:25 benkay: the value of the letters has already been delivered in berkshire stock appreciation

17:42:28 nubbins`: people say

17:42:34 nubbins`: "i had an idea the other day"

17:42:40 benkay: this ebook thing is a vehicle for this startupper to make money on others work

17:42:41 nubbins`: and i'm automatically uninterested

17:42:58 benkay: i had an idea: buy a datacenter in argentina.

17:43:13 pankkake: the letters are available for free, this is just a nicer packaging

17:43:22 nubbins`: they have data there?

17:43:51 nubbins`: also: they used an actual live jazz band for the music in mario kart 8

17:46:22 benkay: thanks pankkake seems good but haven't actually opened it yet

17:51:19 assbot: [HAVELOCK] [AM1] 1 @ 0.215 BTC [-]

17:59:27 assbot: [HAVELOCK] [PROV] 105 @ 0.002 = 0.21 BTC

18:07:51 mircea_popescu: FabianB on it

18:08:51 dignork: mircea_popescu: not a working code yet, but might be a fancy extension to multibet: https://github.com/orisi/orisi/

18:08:52 assbot: orisi/orisi GitHub

18:09:13 mircea_popescu: dignork gotta take that up with kakobrekla

18:09:17 mircea_popescu: im onlyhere for the cookies

18:10:21 dignork: *bitbet, no idea what multibet is

18:10:38 assbot: [HAVELOCK] [PETA] 10 @ 0.07200051 = 0.72 BTC [-]

18:16:34 mike_c: dignork: what is it?

18:16:40 dignork: o dog, i know why the term looked familiar, mircea_popescu - forum cookies: https://bitcointa.lk/threads/xcp-ipo-announcement-dunnecapital-ltd-uk-bitcoin-exchange-and-a-casino.304299/

18:16:40 assbot: [XCP] IPO announcement. DunneCapital LTD - UK bitcoin exchange and a casino | Bitcointa.lk

18:16:42 mircea_popescu: jurov: he typed "viki" << i typed viki and nothing happened

18:16:43 mircea_popescu: SCAM

18:16:46 dignork: mike_c: the git thing?

18:16:49 mike_c: yeah

18:17:24 dignork: it's partial implementation of "distributed oracle"

18:17:28 jurov: mircea_popescu: that was 7 or so years ago, google worked as advertised then

18:17:42 mircea_popescu: hehehe

18:18:01 mircea_popescu: anyway, the dunne thing, what about it dignork ? guy was briefly here about that time

18:18:02 dignork: so you have oracle bot that can be hacked/bribed w.e, but if you have multiple, it's assumed to be harder to do

18:18:26 dignork: dunne is a dev of multibet

18:18:41 mircea_popescu: "Second set of drafts coming through tomorrow. Seen a little preview, already looking very sharp. After that, we refine and then program. Looking good for the one month ETA"

18:18:47 mircea_popescu: he's also stuck in the wrong paradigm.

18:18:53 mircea_popescu: bitcoin isn't web"dev".

18:20:03 mircea_popescu: pankkake: as well as litecoin.foundation. fuckers << dude who the fuck cares.

18:20:10 dignork: mircea_popescu: they open sourced their current code in git, assuming free security reviews, stopped watchig after that

18:20:20 mircea_popescu: a decade back they introduced .ro, ie, for romania. i laughed at them then, i'm still laughi8ng at them

18:20:28 mircea_popescu: "o no but you must get a romania tld". why ?

18:20:31 mike_c: dignork: but then you trusting the crowd of oracles to make the right decision. see rota for examples of that not working so well.

18:21:27 mircea_popescu: fluffypony: l.o.l. << don't do something merely stupid. do something spectacularly stupid instead!!! and don't even mention the actually sane alternative, that's gonna hurt your feelings so it doesn't exist.

18:21:49 assbot: [MPEX] [S.MPOE] 22119 @ 0.00085487 = 18.9089 BTC [+] {2}

18:21:49 assbot: [HAVELOCK] [B.MINE] 10 @ 0.0236052 = 0.2361 BTC [-]

18:22:38 dignork: mike_c: i think it's possible to make a multisig fund, where each oracle op drops some funds, these funds are deal insurance, but I didn't think it through completely

18:23:16 dignork: say they'll be redemed in case of detacted fraud

18:23:22 mike_c: it probably has good uses, but i wouldn't like bitbets decided by a vote.

18:23:23 dignork: *detected

18:23:34 mike_c: i'm not worried about fraud, more like bad decisions.

18:23:47 mircea_popescu: mike_c: idk, i'm not in the 'everything should be free' camp. << but the camp is "nothing should be amazon"

18:24:26 pankkake: I like Amazon for delivering physical items, they do it very well

18:24:46 mircea_popescu: nubbins`: y'know, i think bitcoin has actually soured my opinion of the concept of an "idea" << actual business experience in the company of actual business people has soured you on infantile bullcrap. neither bitcoin nor ideas particularly involved.

18:24:55 punkman: I think if bitbet provided an oracle service that might be handy for building things on, but I'm not about to trust some random dude's oracle

18:25:01 mircea_popescu: pankkake yeah. "nothing virtual shjould be amazon"

18:25:12 dignork: mike_c: maybe only subset of bets, which can be automatically verified, these bets are submitted without review, less work for bitbet op, more monies for turnover

18:25:18 mircea_popescu: punkman oracle service cost is unbound is the problem.

18:25:56 punkman: mircea_popescu: why?

18:25:57 pankkake: what kind of bets can be automatically verified? do you trust the source not to fuck up?

18:26:16 pankkake: ;;ticker --avg

18:26:17 gribble: 0

18:26:19 pankkake: just an example

18:26:32 mircea_popescu: why is something not something else you ask me ?

18:26:33 punkman: in fact bitbet already provides an oracle service for free

18:26:35 mircea_popescu: because it isn't ?

18:26:46 mircea_popescu: maybe we don't mean the same thing by oracle then

18:27:25 mircea_popescu: how does your definition go ?

18:27:55 assbot: [HAVELOCK] [PROV] 58 @ 0.002 = 0.116 BTC

18:28:14 dignork: pankkake: the oracle can work like : yes/no/idunnohumanplease

18:28:20 punkman: not the canonical one, more in the sense of these blockchain oracle constructions

18:28:28 mircea_popescu: ah

18:28:56 assbot: [HAVELOCK] [SCRYPT] 5 @ 0.0250013 = 0.125 BTC [+]

18:29:08 punkman: anyway why not charge a fee to sign transactions when X bet resolves

18:29:36 mircea_popescu: um

18:29:40 punkman: if there's interest, you can also provide answers to things that aren't worth betting on

18:29:40 mircea_popescu: what's that help ?

18:30:02 mircea_popescu: that's ok, question that aren';t worth betting on aren't worth answering.

18:30:20 mircea_popescu: and anyone can trivially be charged a fee for finding out when x bet resolves : he sends a bet to a virgin address

18:30:28 mircea_popescu: when btc makes it to that address the bet resolved.

18:36:57 punkman: ;;later tell mircea_popescu a silly example, me and dignork both make a 1btc transaction to each other, but we can only spend them after the bitbet oracle signs the transaction

18:36:57 gribble: The operation succeeded.

18:39:10 punkman: this is not a new idea, this was an early implementation https://earlytemple.com:8181/

18:39:10 assbot: Early Temple

18:39:42 punkman: what I'm describing is more like escrow than oracle I guess

18:39:50 mircea_popescu: punkman maybe if you explained the usecase ?

18:40:07 punkman: I did a later tell

18:40:44 mircea_popescu: i got it. that's not really a usecase th

18:40:45 mircea_popescu: o

18:41:40 Namworld: So where was I in my half-asleep/half-daydreaming hypothetical nonsense scenarios?

18:46:13 assbot: [MPEX] [FT] [X.EUR] 462 @ 0.00206048 = 0.9519 BTC [+]

18:46:27 asciilifeform: http://www.nytimes.com/2014/06/10/us/couple-in-las-vegas-killings-embraced-anti-government-ideology.html

18:46:30 assbot: Log In - The New York Times

18:47:04 fluffypony: even assbot is paywall'd

18:48:15 assbot: [HAVELOCK] [PROV] 98 @ 0.002 = 0.196 BTC

18:49:20 Namworld: Hmm, another Havelock IPO...

18:49:20 benkay: "disliking the usg makes you a bad person"

18:50:05 Namworld: "Our 28nm ASIC design architecture dubbed the “Creator” to be used at the foundry level allows for simultaneous production of the 1TH “Creator 1” Bitcoin ASIC, 256GH “Creator 2” Bitcoin ASIC and the 4MH “Creator 3” SCRYPT ASIC from the same wafer batch. This unique ability, and the lower costs associated with the FDSOI process, lends Provenance ASIC a competitive advantage

18:50:05 Namworld: with regards to $/GH/W and unparalleled ASIC diversification with essentially three different ASIC products available from one production batch."

18:50:17 assbot: [MPEX] [S.MPOE] 7491 @ 0.00085491 = 6.4041 BTC [+]

18:51:09 Namworld: Anyone that knows about the ASIC design process, how non-sensical is that statement?

18:53:20 assbot: [HAVELOCK] [SCRYPT] 15 @ 0.025001 = 0.375 BTC [-]

18:55:22 assbot: [HAVELOCK] [PETA] 3 @ 0.07200021 = 0.216 BTC [-]

18:55:34 asciilifeform: Namworld: not entirely nonsensical. see the story of the intel 486 dx - and many subsequent chips

18:58:00 Namworld: Eh

18:59:26 assbot: [MPEX] [S.MPOE] 43400 @ 0.00085517 = 37.1144 BTC [+] {2}

18:59:31 mircea_popescu: Namworld not bad, on paper.

19:00:06 thestringpuller: In bitcoin: "A scam until proven innocent by a court of #bitcoin-assets"

19:00:07 mircea_popescu: course so far that's correlated moreover negatively over the history of bitcoin miner manufacturers

19:01:29 Namworld: So sale pitches are improving in quality.

19:01:51 mircea_popescu: nevertheless, it's unclear to me what exact benefit would this be. if you can make 1 th asics, you can sell 1 th asics.

19:01:57 mircea_popescu: if you can make 1/4 th, you can idem sell those.

19:02:17 mircea_popescu: the advantage of making both "in the same batch" is quite unclear, not like you'd be stuck with batches of like, 3 full and 7 1/4s

19:02:38 mircea_popescu: as large as your batch can conceivably be, you'll sell it, either full or quarter.

19:02:44 mircea_popescu: !up hdbuck

19:03:04 asciilifeform: mircea_popescu: advantage of making both in same batch -> you do it whether you want to or not. process yield.

19:03:22 mircea_popescu: at any rate, silicon on insulator, and especially on 28nm, is ANYTHING but low cost.

19:03:30 assbot: [HAVELOCK] [PETA] 3 @ 0.072998 = 0.219 BTC [+]

19:03:34 mircea_popescu: asciilifeform that too.

19:04:18 mircea_popescu: Namworld anyway, ask them if they use saphire or not. the answer will be informative.

19:09:25 Namworld: Eheheh, I was looking at that part on wikipedia, reading up on FDSOI. Wondering what's the point of it if it's an expensive process.

19:10:33 hdbuck: mircea_popescu hello MP, thx for the voice up, i came here with the hope you could help me apprehend that blockchain size issue (& considering it is an issue). been reading tons of articles about that and people talks about 'industrial' supernodes and/or 'restructuring' Bitcoin.. cant make up my mind whether thats good or bad tho. any inputs? :)

19:10:34 Namworld: Seems it has uses in compact electronics. For Bitcoin mining, you don't need compact performance, space is cheap.

19:11:18 Namworld: Ah, I see the part about Sapphire. The answer would be informative indeed.

19:12:19 benkay: hdbuck: if you can't afford the space to store the blockchain, what are you doing in btc anyways?

19:12:34 benkay: hdbuck: there's also SPV, but I'm not entirely certain how that actually works.

19:12:39 assbot: [HAVELOCK] [PETA] 13 @ 0.07176763 = 0.933 BTC [-] {2}

19:13:19 hdbuck: benkay its not my personnal storing that i am concerned with. i am just wondering if this issue wont harm bitcoin on the long run.

19:13:26 Namworld: The blockchain ain't all that big yet...

19:16:11 hdbuck: saw pretty pessimistic articles about that matter regarding the long run of Bitcoin. plus those core devs seem not to have a clue about what's going to happen - so i figured.. you guys should know better! ^^

19:16:15 diametric: I have to admit, its annoying getting a fresh copy of the blockchain in a new client, even though I have the space, and I have 75Mbit internet, it still takes over 2 days.

19:16:41 benkay: hdbuck: how can you hurt bitcoin?

19:16:43 assbot: [MPEX] [S.MPOE] 47100 @ 0.00085606 = 40.3204 BTC [+] {2}

19:16:44 diametric: though I've never tried any of the bootstrap methods

19:16:56 benkay: it simply exists.

19:17:16 benkay: blockchain monotonically increases in size. this is a fact of reality.

19:18:00 Namworld: Well assuming storage capacity keeps increasing at current rate, and that population growth is doubling much less often than computing capacity...

19:22:27 hdbuck: benkay : well, some argue that the more the blochain size increase, the less people would actually download it to use bitcoins. other also argue that it would give more power to supernodes, centralising bitcoin, which was something that bitcoin was suppose to oppose. or is it just the NSA and co that will run Bitcoin once it get too big? ^^

19:22:46 Namworld: It might be a problem for a short while. Assuming we reach saturation of usage, it might grow almost linearly, at least compared to storage capacity growth. Even if population growth and associated usage is exponential, the exponent is much lower than storage growth.

19:23:48 benkay: <hdbuck> benkay : well, some argue that the more the blochain size increase, the less people would actually download it to use bitcoins // you're conflating "fewer people using btc" with "bad for btc". this has yet to be established.

19:23:59 Namworld: I'm somewhat expecting the blockchain size to eventually become negligible.

19:25:20 Namworld: The thing is current adoption rate is increasing much faster than storage capacity, so it's catching up and becoming large in today's standards.

19:27:13 hdbuck: benkay: ah i know you guys think of it as gold 2.0 which is not meant for the average joe to come around with but i am just not sure how this will all play out. :/

19:27:32 benkay: hdbuck: are you ignoring the SPV thing?

19:27:41 benkay: you don't need a blockchain to accept/send btc.

19:27:52 benkay: ;;gettrust hdbuck

19:27:53 gribble: WARNING: Currently not authenticated. Trust relationship from user benkay to user hdbuck: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=hdbuck | WoT data: http://b-otc.com/vrd?nick=hdbuck | Rated since: never

19:27:54 assbot: [MPEX] [S.MPOE] 16800 @ 0.00085655 = 14.39 BTC [+] {2}

19:28:07 Namworld: Blockchain is 18GB. It was 8 last year. We currently have not too expensive disk 4000GB hard disks.

19:28:56 benkay: i imagine you're just a random joe not in the web of trust, hdbuck ?

19:29:04 Namworld: We will probably reach usage saturation and blockchain will grow too slowly compared to storage doubling in capacity much before blockchain doesn't fit in a single recent consumer grade drive.

19:30:28 benkay: some day you'll need an entire DC for the blockchain. what of it?

19:30:40 Namworld: Yeah blockchain is big. But storage capacity and computing power is increasing very rapidely and exponentially. Much faster the the amount of worldwide transactions.

19:30:51 Namworld: than the*

19:31:24 Namworld: benkay, you would eventually need an entire DC assuming computer components stopped improving every year.

19:31:52 BingoBoingo: benkay: Nah, storage capacities are growing too fast and have too much of a head start. It will probably fit on a single hard drive for at least another decade. It's just... Parsing the block chain as a full node will probably require more thoroughput than a single drive offers.

19:32:58 hdbuck: benkay: ahah yes probably. im some humble average joe not very used to that WOT thing sry.. trying to learn tho ^^

19:33:28 asciilifeform: wonder if anyone else has toyed with the idea of hardware purpose-built to store blockchain. think ssd, but write-only (antifuse! etc)

19:33:43 benkay: !up hdbuck

19:34:11 benkay: hdbuck: if you're serious about wanting to learn, start with gpg. get into the wot, get a rating, lurk or derp in here as you see fit.

19:34:27 asciilifeform: standardize calendar sync. and snippet length - so if you own one, you will always know if it works - compare to another one for same time period

19:34:31 benkay: no crime in being wrong, i do it all the time. there's plenty of larnin' to go around.

19:34:31 Namworld: I expect it to go like this -> adoption keeps going up fast, blockchain grows faster and faster, people get worried, we reach saturation of usage, blockchain growth starts looking linear, storage capacity keeps doubling every few years, people stop worrying.

19:34:50 Mats_cd03: seems like this is a solved problem with SPV

19:35:12 benkay: i'm highlighting that in a worst case scenario it's not a problem and also as Mats_cd03 and i have and keep pointing out - not a problem to begin with even.

19:35:17 Namworld: Blockchain keeps fitting on a single drive as long as it's regularly upgraded to a recent one and start looking smaller and smaller.

19:35:22 benkay: ('cause SPV).

19:35:27 asciilifeform: storing bits that never need to flip again ought to be technologically simpler - on basic physical level - than the normal kind.

19:35:33 BingoBoingo: asciilifeform: I've put some though into it.

19:35:53 hdbuck: benkay: alright, thanks man - i'll check MP's guide. :)

19:36:41 benkay: failing that, you can use a btc addr as well.

19:36:48 asciilifeform: one basic function in such a gadget is that it ought to be able to compare itself, via direct electrical wiring, to another one purporting to be identical.

19:37:43 Mats_cd03: it seems like the world desperately needs a well documented SPV client

19:38:04 assbot: [MPEX] [S.MPOE] 49450 @ 0.00085709 = 42.3831 BTC [+] {3}

19:38:37 BingoBoingo: Mats_cd03: Good place to start would be forking an older version of Multibit and BitcoinJ watching out for slop

19:39:43 Mats_cd03: i like where the project bit-c is right now

19:41:07 assbot: [HAVELOCK] [B.SELL] 7 @ 0.0184074 = 0.1289 BTC [-]

19:46:10 Namworld: What's bit-c?

19:46:19 BingoBoingo: http://www.forbes.com/sites/perianneboring/2014/06/09/the-boring-bitcoin-report-june-9/ Ms Boring forgot to make the distinction between the two Erik ventures

19:46:20 assbot: The Boring Bitcoin Report: June 9 - Forbes

19:47:22 BingoBoingo: Mats_cd03: Bit-c looks like it is headed somewhere nice, but it's useful to compare how all of these things are approaching the SPV problem

19:51:41 benkay: ;;later tell bitcoingirl honey you gotta do better than that. voorhees got in trouble for feedzebirds and not satoshidice - mostly 'cause DICE was listed on the SRO MPEx.

19:51:41 gribble: The operation succeeded.

19:53:36 Namworld: If he got in trouble for dice, the settlement would have been much larger.

19:53:42 BingoBoingo: ^

19:54:20 assbot: [MPEX] [S.MPOE] 30421 @ 0.00085494 = 26.0081 BTC [-]

19:55:38 Mats_cd03: i'm slowly adding features to it

19:55:57 Mats_cd03: will commit when ready

19:57:07 Mats_cd03: er, i guess its push instead of commit

20:02:13 benkay: no get it right you issue a "pull request"

20:02:16 benkay: sheesh

20:02:25 benkay: and it's not git it's gitHUB

20:02:53 thestringpuller: WHOA WHOA WHOA

20:02:53 jurov: benkay i pointed her to bingo§s article, and later told that explicitly, looks like she could not be helped

20:02:56 thestringpuller: mah nigga

20:03:00 thestringpuller: smickles !!!!!!!!

20:03:12 smickles: ME!!!!!!!

20:03:46 thestringpuller: the little one must be walking by now

20:03:55 smickles: indeed

20:03:59 thestringpuller: haha. my how time flies

20:04:00 smickles: and climbing

20:04:37 smickles: I have taken over the bitcoin corp in eve

20:04:46 assbot: Last 1 lines bashed and pending review. ( http://dpaste.com/0PXEZYD.txt )

20:04:46 benkay: !b 1

20:04:50 thestringpuller: XD

20:05:56 smickles: lol, what did that do benkay ?

20:06:07 benkay: http://bash.bitcoin-assets.com

20:06:07 assbot: #bitcoin-assets bash

20:06:48 smickles: so my statement about 1Bitcoin is noteworthy :)

20:07:20 TomServo: Was this a hostile takeover? :D

20:07:31 jurov: you have the time for eve???

20:07:41 smickles: It was not so fun as a hostile takeover

20:08:16 Mats_cd03: have you pillaged all of the space ships and raped all of the women

20:08:22 smickles: I have found time for the less attention intensive aspects of the game

20:09:15 smickles: there isn't really a woman raping game mechanic

20:09:51 smickles: I could buy exotic dancers or prostitutes and jetison them into space.

20:09:56 benkay: http://bash.bitcoin-assets.com/?quote=146 << repent, sinner!

20:09:56 assbot: #bitcoin-assets bash

20:09:58 smickles: that's about as close as it gets

20:10:42 Namworld: @smickles hahaha

20:12:26 benkay: !up ninjashogun

20:12:29 benkay: look who i found

20:12:36 benkay: or found me, i guess

20:13:11 BingoBoingo: Oh noes!!!

20:13:39 assbot: [HAVELOCK] [AM1] 1 @ 0.2349997 BTC [+]

20:15:41 assbot: [HAVELOCK] [SCRYPT] 27 @ 0.02599959 = 0.702 BTC [+] {2}

20:16:42 assbot: [MPEX] [S.MPOE] 31028 @ 0.00085628 = 26.5687 BTC [+] {3}

20:16:42 assbot: [HAVELOCK] [SCRYPT] 10 @ 0.02599989 = 0.26 BTC [+]

20:17:43 assbot: [HAVELOCK] [PETA] 7 @ 0.072998 = 0.511 BTC [+]

20:18:34 bitstein: The appcoin fraudsters attempt to defend themselves: http://letstalkbitcoin.com/blog/post/the-value-of-app-coins

20:18:35 assbot: The Value of App Coins | Lets Talk Bitcoin

20:18:38 fluffypony: http://twitchy.com/2014/06/09/rape-culture-wins-feminist-freakout-after-miss-nevada-dares-suggest-self-defense-training-for-women/

20:18:39 assbot: ‘Rape culture wins’: Feminist freakout after Miss Nevada dares suggest self defense training for women | Twitchy

20:19:45 assbot: [HAVELOCK] [AM1] 3 @ 0.2349997 = 0.705 BTC [+]

20:19:46 assbot: [HAVELOCK] [PETA] 7 @ 0.072998 = 0.511 BTC [+]

20:21:36 smickles: i don't think i've knowingly encountered a society of rapists

20:24:26 ThickAsThieves: oh, but those times you weren't aware!

20:26:46 princessnell: feminists have again come full circle: attacking a beauty queen for insuffiently supporting patriarchy

20:27:27 ThickAsThieves: where does one learn to rape?

20:27:51 ThickAsThieves: because they really need to stop teaching it

20:28:26 fluffypony: ThickAsThieves: agreed

20:28:34 fluffypony: they should shut down Rape Schools across the country

20:28:43 fluffypony: and fire those Rape Teachers

20:28:54 assbot: [HAVELOCK] [PROV] 220 @ 0.002 = 0.44 BTC

20:29:50 dub: princessnell: wat

20:30:15 BingoBoingo: %book

20:30:17 atcbot: 40k@278 28k@277 2k@270 | 4k@144 50k@143 175k@142

20:30:45 princessnell: dub saying "men are responsible for women's safety" is a patriarchal notion

20:32:08 dub: so one half of our sepcies should require additional training to protect its ass from the other half?

20:32:26 princessnell: are you asking me my opinion?

20:33:10 dub: no need

20:34:03 dub: women dont need to rely on men not to be rapists!

20:34:23 mircea_popescu: dude 32 gb ram is pretty cool

20:34:53 mircea_popescu: hdbuck what you mean specifically ?

20:34:56 mircea_popescu: !up hdbuck

20:35:01 assbot: [MPEX] [S.MPOE] 50474 @ 0.00085762 = 43.2875 BTC [+]

20:35:39 mircea_popescu: how goes nellie ?

20:36:26 princessnell: good! just finished an article for tomorrow. how are you? still on your rainbow tour?

20:36:42 mircea_popescu: diametric: I have to admit, its annoying getting a fresh copy of the blockchain in a new client, even though I have the space, and I have 75Mbit internet, it still takes over 2 days. << i keep a master copy like the holy fucking scriptures. which is what it is anyway

20:36:56 mircea_popescu: princessnell nah, settled down.

20:37:33 diametric: mircea_popescu: thats probably a good idea to start doing. perhaps keep it on a usb stick on my keys or something, gets updated when i plug it in.

20:38:17 mircea_popescu: hdbuck: benkay : well, some argue that the more the blochain size increase, the less people would actually download it to use bitcoins. other also argue that it would give more power to supernodes, centralising bitcoin, which was something that bitcoin was suppose to oppose. >> bitcoin was never intended for "people" in the sense of reddit derps, and bitcoin was never intended to oppose centralism. it was intended to

20:38:18 mircea_popescu: oppose the ~wrong~ sort of centralism, ie, centralism in the hands of the more or less representative, more or less elected representatives of "people" as in, reddit derps.

20:38:34 mircea_popescu: instead, bitcoin favours centralism in the hands of unelected and unaccountable, unrepresentative lords.

20:38:44 hdbuck: mircea_popescu hey man, hum its just i was kinda concerned with supernodes and the people that will run them once the BC's size would be too big for the average person to handle.

20:38:49 mircea_popescu: as the world and everything else was meant to work in the first place.

20:39:16 asciilifeform: mircea_popescu: one day, people will encode checkpoint hashes of blockchain as human poetry.

20:39:30 mircea_popescu: asciilifeform likely.

20:40:28 bitstein: "Centralization" is a vapid term without a sound theory of monopoly and competition.

20:42:14 princessnell: mircea_popescu right vs wrong centralism is what my article tomorrow is about. but as you know i am a gentle touch.

20:42:18 hdbuck: mircea_popescu i get your point, but i aint seing Bitcoin being rightfully centralised ATM.

20:42:46 princessnell: hbduck look around!

20:43:08 mircea_popescu: princessnell we can't all bne assholes

20:43:31 mircea_popescu: hdbuck well what makes you think you have any sort of a vantage point ?

20:44:09 assbot: [HAVELOCK] [SCRYPT] 23 @ 0.02500104 = 0.575 BTC [-] {3}

20:44:29 mircea_popescu: Namworld says " Assuming we reach saturation of usage", I read " Assuming we reach saturation of usagi" and i'm all like "wtf is he on about, i'm all saturated"

20:45:08 hdbuck: mircea_popescu hum i dont, just wondering here and there.. looking for answers :)

20:45:21 mircea_popescu: benkay: you don't need a blockchain to accept/send btc. << not to mention the coinbr thing. he really doesn't need the blockchain at all.

20:45:38 mircea_popescu: hdbuck dun take it too personally.

20:46:11 Namworld: What the hell? That's one hell of a misread.

20:46:27 mircea_popescu: diametric> mircea_popescu: thats probably a good idea to start doing. perhaps keep it on a usb stick on my keys or something, gets updated when i plug it in. << or on a 4 redundant raid array, under concrete.

20:46:41 mircea_popescu: just one letter, nimworld :D

20:46:41 diametric: just talking about the blockchain, not my keys.

20:46:42 smickles: oh my, is usagi still a thing?

20:46:49 mircea_popescu: diametric yea i know.

20:47:03 Namworld: Not as in far off, but as in really weird result.

20:47:08 mircea_popescu: it's the fucking scriptures you understand, if we all manage to lose the chain at the same time we're fucked.

20:47:11 hdbuck: mircea_popescu im not taking anything personnally, i really appreciate your inputs man.. the average propaganda almost got me with their Carebears and unicorns. i'd rather being insulted for my stupidity than thrown a lollipop in my mouth ^^

20:47:26 mircea_popescu: a sugar frosted shittypop

20:47:35 asciilifeform: to deliberately torment the btc-is-eeekvality crowd: WORM storage gizmo suggested as gedankenexperiment earlier could easily accept updates signed with hardcoded key from liege-lord

20:47:52 mircea_popescu: smickles definitely.

20:48:07 mircea_popescu: where was that link to recent derpage again...

20:48:41 mircea_popescu: gib it to me fluffypony

20:48:54 fluffypony: which derpage?

20:48:56 smickles: even if all but a few lost the chain, i would be very suspicious of that few

20:49:10 mircea_popescu: smickles https://bitcointalk.org/index.php?topic=631605.msg7070591#msg7070591

20:49:10 assbot: BMF has lost access to it's wallet [UnModerated]

20:49:22 fluffypony: smickles: make sure you watch the video

20:49:27 mircea_popescu: fluffypony you gibt it to me in the past :D

20:49:37 *: fluffypony gives it to mircea_popescu all night long

20:49:50 asciilifeform: if all but a few lost the chain << no problem if we have... singable checkpoint hashes.

20:49:51 mircea_popescu: i guess i kinda walked right into that big cock...

20:49:55 fluffypony: LOL

20:50:12 mircea_popescu: asciilifeform zooko triangle issue tho

20:50:22 mircea_popescu: if they're singable they're prolly preimageable too

20:51:31 smickles: giving a thread title with [UnModerated] in it is like telling someone they are free

20:51:51 mircea_popescu: benkay: i'm highlighting that in a worst case scenario it's not a problem and also as Mats_cd03 and i have and keep pointing out - not a problem to begin with even. << what happens to you once gb blocks ?

20:51:55 asciilifeform: how many times i see zooko triangle brought up as if it were physical law.

20:52:01 mircea_popescu: smickles he had a moderated one

20:52:09 mircea_popescu: asciilifeform i fear it is.

20:52:21 mircea_popescu: moar like riemann hypothesis.

20:53:15 fluffypony: smickles: http://bitcointalk.org/index.php?topic=629755.0

20:53:15 assbot: BMF has lost access to its wallet

20:53:17 fluffypony: moderated thread

20:53:28 fluffypony: http://bitcointa.lk/index.php?topic=629755.0

20:53:28 assbot: BMF has lost access to it's wallet | Bitcointa.lk

20:53:33 fluffypony: including deleted threads

20:53:51 asciilifeform: mircea_popescu: if i recall - szabo disagreed

20:53:56 mircea_popescu: he did.

20:54:44 mircea_popescu: asciilifeform: storing bits that never need to flip again ought to be technologically simpler - on basic physical level - than the normal kind. << this is a good point, and i imagine within the decade we will have special blockchain ssds being made.

20:55:20 assbot: [HAVELOCK] [AM1] 1 @ 0.235 BTC [+]

20:55:25 nubbins`: re: pgp keysigning party

20:55:28 asciilifeform: mircea_popescu: just gotta bring back antifuse. it doesnt really get much simpler than antifuse.

20:55:51 nubbins`: PGP WoT...?

20:56:00 mircea_popescu: nubbins` yes

20:56:04 mircea_popescu: asciilifeform yes

20:56:13 nubbins`: of what use is this wot!

20:56:21 assbot: [HAVELOCK] [AM1] 1 @ 0.235 BTC [+]

20:56:30 fluffypony: nubbins`: it's a Web of PGP Signing Parties

20:56:41 nubbins`: no, i get what a WoT is

20:56:57 pankkake: f2fs would be a good candidate for blockchain storage. anyway, I'm in the "block size won't go up that much, things will happen offchain" camp

20:56:58 nubbins`: just wondering what possible benefit could be gained by being represented in the "pgp wot" mentioned in article

20:57:21 mircea_popescu: nubbins` it strengthens the quality of debian's signatures for instance.

20:57:33 nubbins`: i see

20:57:38 asciilifeform: mircea_popescu: i do confess that at one point i toyed with the idea of rom-like storage on consumer 35 (or 16)mm film.

20:57:46 pankkake: so you know you have the right sig. prevents mitm, because it's hard to mitm real life

20:57:46 mike_c: pankkake: once we all sign up for circle we won't need the blockchain.

20:57:49 mircea_popescu: BingoBoingo: Ms Boring forgot to make the distinction between the two Erik ventures << yeah not particularly inspiring.

20:57:53 pankkake: eheh

20:58:19 pankkake: s/right sig/right key/

20:58:29 asciilifeform: mircea_popescu: film lasts a good while, easy to copy and compare via low tech means

20:58:31 mircea_popescu: nubbins` it's more one of those "let's inject some power into otherwise worthy projects geeks had been dilligently holding afloat with a cuttingboard and a spatula over 30 years"

20:58:53 mircea_popescu: asciilifeform film lasts much less than you imagine.

20:59:14 smickles: I'm failing to see the value in this usagi crap and i didn't notice a video. I'm going to clean some dishes, easily worth more than reading about usagi

20:59:16 mircea_popescu: if you mean silver coloidal, it's utter shit. read up some time on the trouble hollywood has archiving, what itcosts,

20:59:23 mircea_popescu: how many were destroyed just to get rid of them

20:59:23 mircea_popescu: etc

20:59:24 assbot: [MPEX] [S.MPOE] 41492 @ 0.00085668 = 35.5454 BTC [-] {2}

20:59:36 nubbins`: film gets very unstable with time too

20:59:37 mircea_popescu: smickles wellyou asked. the value is lulz

20:59:44 nubbins`: great way to burn a house down

20:59:57 mircea_popescu: nubbins` that's the old nitro stuff. modern film no lonmger has the problem

20:59:59 asciilifeform: mircea_popescu: yes, it decays. but this is why the young apprentice must copy film he inherits, etc. [insert post-apocalyptic hypotheticals]

21:00:01 nubbins`: ahhhh

21:00:10 nubbins`: grandfather was a war photographer, he lost boxes of negs

21:00:26 mircea_popescu: nubbins` i know people who go into seizures just fgrom the smell

21:00:35 nubbins`: yipes

21:00:40 asciilifeform: just skip the nitrocellulose, none of this problem then

21:00:41 mircea_popescu: (there's this very distinctive vinegary scent of "o shit we just lost this warehousefull")

21:00:48 nubbins`: heh

21:01:00 mircea_popescu: sorta like the smell of "we burned down 5000 hard drives. hopefully ALL th customers kept good backups

21:01:27 mircea_popescu: tech eyes just glaze over and stress vomiting ensues.

21:01:38 mircea_popescu: !up terp_

21:01:54 terp_: hey whats up all

21:01:55 asciilifeform: very few things store as much (relatively) high fidelity data, and are at the same time as easy to duplicate, as film.

21:02:12 mircea_popescu: asciilifeform actually a cd stores more/better, but

21:02:22 mircea_popescu: there were some people looking into crystal doping storage

21:02:26 nubbins`: but bit rot isn't always noticeable until too late

21:02:28 mircea_popescu: seemed insanely info-dense

21:02:42 nubbins`: and while a few speckles on a microfiche aren't a problem, a few speckles on a dvd are

21:02:45 mircea_popescu: one write only, of course.

21:03:03 mircea_popescu: nubbins` well if you've microstored the blockchain, they are, yes.

21:03:52 nubbins`: a ha!

21:03:52 mthreat: http://aws.amazon.com/glacier/ claims "average annual durability of 99.999999999%"

21:03:53 assbot: AWS | Amazon Glacier - Online Backup Services & Cloud Backup Solutions

21:03:58 asciilifeform: error coding is a trivial problem - to any desired degree of redundancy

21:04:25 mthreat: $0.01 per GB-month (although retrieval apparently is more expensive)

21:04:30 mircea_popescu: mthreat i don't recall, what's theirtotal data store ? yotabytes ?

21:05:00 asciilifeform: if you want something your grandchildren might be able to copy, even if they cannot read - chemical photography. - that, or ink...

21:05:07 mthreat: no idea, without googling

21:05:15 mthreat: bigger than the blockchain

21:05:41 mircea_popescu: smickles: I have taken over the bitcoin corp in eve << how much shit was in the hangars in the end ?

21:05:59 mircea_popescu: mthreat well that for sure lol. fucking fraudsters is bigger than the blockchain

21:06:16 mircea_popescu: the melanogaster genome is bigger than the blockchain

21:06:27 mircea_popescu: the average redditor's porn stash is bigger than the blockchain

21:06:28 nubbins`: these nuts are bigger than the blockchain

21:06:37 mircea_popescu: i could keep going

21:07:00 fluffypony: someone should tell usagi about that service

21:07:35 mircea_popescu: the nutpacking service ?

21:07:51 pankkake: glacier is basically powered down hard drives. cheaper if you don't mind the high latency

21:08:40 mircea_popescu: so am i right in assuming the only career worthy of a man named brandon billings is... bill collection ?

21:10:03 Namworld: Well, it's always nice when you see someone with a last name befitting their career, at least.

21:10:32 mircea_popescu: princessnell: feminists have again come full circle: attacking a beauty queen for insuffiently supporting patriarchy << they're spinnin' so fast they could be weaving wool.

21:11:14 mircea_popescu: dub: so one half of our sepcies should require additional training to protect its ass from the other half? << yes.

21:11:30 mircea_popescu: in general, whenever one wants to deal with the world on one's own terms, one's required to take aditional training, and ALSO be talented.

21:11:47 mircea_popescu: otherwise, one can just learn to enjoy the process.

21:12:07 chetty: <mircea_popescu> dub: so one half of our sepcies should require additional training to protect its ass from the other half? << yes.// I doubt it works out to halves

21:12:21 mircea_popescu: this has nothing to do with women. when i don't want to be treated like a fucking retarded tourist and charged 2 to 5 x everything, i learn and use the fucking local language.

21:12:32 mircea_popescu: when i don't want to be shocked by the mains power, i learn which bits to put my hands on.

21:12:48 mircea_popescu: when i want to make tea rather than coffee, i acquire the skill of putting the righjt fucking thing in the pot.

21:13:06 mircea_popescu: it has exactly zero to do with women specifically, and the whiny pretense to the contrary has only one indicaiton :

21:13:15 mircea_popescu: rape.

21:15:08 asciilifeform: learn which bits to put my hands on << i find this - in essence - to be the most handy test of who is worth dealing with as human vs meat

21:15:31 asciilifeform: ;;google the camel has two humps

21:15:32 gribble: The camel has two humps (working title) - tof: http://wiki.t-o-f.info/uploads/EDM4600/The%20camel%20has%20two%20humps.pdf; The camel has two humps (working title) - University of Kent: https://www.cs.kent.ac.uk/dept_info/seminars/2005_06/paper1.pdf; Alan Kay on 'The Camel has Two Humps' - secretGeek: http://secretgeek.net/camel_kay.asp

21:16:31 mike_c: related aside: i got charged 2 to 3x for everything in romania and still felt like i was getting a deal

21:16:44 mircea_popescu: mike_c were you ? like what ?

21:17:06 mike_c: like at local convience store at 3am

21:17:15 mircea_popescu: yeabut i mean what you buy and what'd you pay

21:18:01 mike_c: hmm.. what i paid would tax the memory. but just like drinks and stuff.

21:18:13 mircea_popescu: was kinda curious what the actual factor was :p

21:18:32 jurov: http://ronja.twibright.com/optar/ can store 200kB/page..means 100k pages for today's blockchain

21:18:32 assbot: Twibright Optar

21:18:33 mike_c: but i distinctly remember comparing what i got charged to some of the posted prices in the store and realizing (and not minding) that he was bending me over.

21:18:47 mircea_popescu: a ok then lol

21:18:55 mircea_popescu: you should see the prices here.

21:19:02 mircea_popescu: carton of ciggaretes ? $19

21:19:30 mircea_popescu: and actually good camels, as opposed to the fire-retardant, chemical blend crap they sell in the us/eu to justify the theory that smoking causes cancer

21:19:40 mike_c: taste decent? i know this guy that gets dirt cheap smokes in canada and they taste like you're smoking somebody else's cigarette after they were done with it.

21:19:47 mthreat: taxis in buenos aires are often cheaper than a bus ride in the US

21:19:49 mircea_popescu: smoking TOBACCO doesn't do you in quite as drastically as smoking contemporary ciggaretts

21:21:12 BingoBoingo: I wonder if sfter death my lungs will find themselves better preserved than my bones

21:21:46 assbot: [MPEX] [S.MPOE] 37050 @ 0.00085486 = 31.6726 BTC [-] {2}

21:22:08 jurov: lol they will find lung and liver fossilies, bones long gone?

21:22:42 BingoBoingo: I wish I could know the answer to that

21:22:47 assbot: [MPEX] [S.MPOE] 4800 @ 0.00085445 = 4.1014 BTC [-] {2}

21:24:44 asciilifeform: http://ronja.twibright.com << also interesting

21:24:44 assbot: Home

21:24:45 benkay: <mircea_popescu> benkay: you don't need a blockchain to accept/send btc. << not to mention the coinbr thing. he really doesn't need the blockchain at all. // coinbr requires btc addr to sign up i b'leev

21:25:50 jurov: btc signatures don't need blockchain either

21:26:12 benkay: <mircea_popescu> benkay: i'm highlighting that in a worst case scenario it's not a problem and also as Mats_cd03 and i have and keep pointing out - not a problem to begin with even. << what happens to you once gb blocks ? // let me know when it's realistic.

21:27:50 jurov: it's not like everything must be stuffed into btc blockchain, we already have altcoins

21:28:32 diametric: whatever happened with that side chains circlejerk that was going around not long ago?

21:28:38 mike_c: second article i read recently of "death by sexism" http://www.usatoday.com/story/news/nation/2014/06/09/las-vegas-police-shot/10223527/

21:28:38 assbot: Police release details of murderous Las Vegas rampage

21:29:02 BingoBoingo: diametric: The people who supposed them and the people capable of making them were not the same groups of people I imagine.

21:29:04 mike_c: "Wilcox walked past Amanda Miller and confronted her husband. Amanda Miller then fatally shot Wilcox"

21:29:37 jurov: ARCHAEOLOGISTS RECOVERED FABLED GENESIS BLOCK FROM GLASS DISC ACCOMPANIED BY LIVER ABD LUNG FOSSILS

21:30:53 asciilifeform: ;;google crank bait orlov

21:30:54 gribble: ClubOrlov: The Rationale behind the Boston Psy-ops: http://cluborlov.blogspot.com/2013/04/the-rationale-behind-boston-psy-ops.html; JOURNAL: Dmitry Orlov on Collapse - Global Guerrillas: http://globalguerrillas.typepad.com/globalguerrillas/2010/11/journal-dmitry-orlov-on-collapse.html; Mario's Fresh Bait - Geelong, VIC - Shopping & Retail | Facebook: (1 more message)

21:36:18 BingoBoingo: You know what would be the interesting desk accessory for bitcoiners, a Lucite genesis block, block. For use as a paperweight or bludgeon or whatever.

21:44:11 benkay: yup. want it.

21:44:29 benkay: but embedded in a sceptre

21:44:41 benkay: and probably made of something hard and valuable.

21:44:44 benkay: maybe even poky.

21:45:09 assbot: [HAVELOCK] [CBTC] 5000 @ 0.00005495 = 0.2748 BTC [+] {2}

21:47:10 jurov: sceptre? didn't know you're so theatrically inclined

21:47:11 assbot: [HAVELOCK] [CBTC] 2319 @ 0.00005499 = 0.1275 BTC [+]

21:47:12 assbot: [MPEX] [FT] [X.EUR] 100 @ 0.00206055 = 0.2061 BTC [+]

21:47:50 Mats_cd03: benkay is a queen

21:48:05 Mats_cd03: har har

21:48:12 assbot: [MPEX] [S.MPOE] 3200 @ 0.00085554 = 2.7377 BTC [+]

21:48:38 jurov: or a goat

21:52:58 benkay: or a SUPERNODDDDDDDE

21:53:00 benkay: in a sauna.

21:53:17 assbot: [MPEX] [S.MPOE] 18848 @ 0.00085622 = 16.138 BTC [+]

22:07:54 cazalla: nubbins`: too easy against cpu or online play? i've got to buy a pro wii controller as the gamepad gives me rsi with mk8

22:08:32 assbot: [MPEX] [S.MPOE] 16902 @ 0.00085622 = 14.4718 BTC [+]

22:09:13 *: nubbins` sighs

22:09:24 nubbins`: i just dented the floor with my keys :/

22:28:23 benkay: ;;ident gabriela

22:28:23 gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.

22:32:56 assbot: [MPEX] [S.MPOE] 11400 @ 0.00085622 = 9.7609 BTC [+]

22:33:57 assbot: [MPEX] [S.MPOE] 9948 @ 0.00085745 = 8.5299 BTC [+]

22:37:00 assbot: [MPEX] [S.MPOE] 42800 @ 0.00085766 = 36.7078 BTC [+] {2}

22:37:00 thestringpuller: !ticker m F.MPIF

22:37:01 assbot: [MPEX:F.MPIF] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00021548 / 0.00021603 / 0.00021725 (14601 shares, 3.15 BTC), 30D: 0.00021536 / 0.00021709 / 0.00021726 (124310 shares, 26.99 BTC)

22:37:14 thestringpuller: moopmoop

22:38:01 mike_c: lol. this site wants to make sure i am using: Mozilla® Firefox® 10, 11, 12, 13, 15, 19 or 25

22:38:35 pankkake: so only insecure unmainted versions?!

22:38:39 mike_c: that v14 must have been a killer

22:39:03 asciilifeform: cryptome dead?

22:39:04 pankkake: 24's still supported, 25 isn't

22:39:11 mike_c: nice

22:40:03 assbot: [MPEX] [S.MPOE] 11150 @ 0.00085745 = 9.5606 BTC [-]

22:40:25 BingoBoingo: That's unsettleing

22:41:02 thestringpuller: 24's rollin' dubs

22:44:50 asciilifeform: speaking of the blockchain storage discussion from earlier - anyone remember 'ArVid' ?

22:45:14 asciilifeform: ;;google ArVid backup

22:45:15 gribble: ArVid - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/ArVid; Using Video Recorders for Backup - Stuart Cheshire: http://stuartcheshire.org/rants/VideoBackup.html; Arvid Gerstmann - Android Apps on Google Play: https://play.google.com/store/apps/developer?id=Arvid+Gerstmann

22:46:11 asciilifeform: current blockchain would easily fit on ~10 vhs tapes.

22:46:51 asciilifeform: blockchain is more or less an ideal application for tape (and any other non-randomaccess medium)

22:47:42 mike_c: yeah, there you go. classic storage device for non-flippin bits.

22:48:03 mike_c: tape backup drives are reasonably fast too.

22:48:11 assbot: [HAVELOCK] [PROV] 100 @ 0.002 = 0.2 BTC

22:51:14 assbot: [HAVELOCK] [B.MINE] 7 @ 0.0241769 = 0.1692 BTC [+]

22:52:58 fluffypony: the NYPD commissioner looks like he'll eat your children for breakfast

22:52:58 fluffypony: http://motherboard.vice.com/read/the-nypd-still-wont-explain-its-drone-plans

22:52:58 assbot: The NYPD Still Won't Explain Its Drone Plans | Motherboard

22:53:31 benkay: bitbiz: ship blockchains on hdd's

22:53:44 mike_c: tapes are $20 / TB. can't beat that with a stick.

22:57:51 mike_c: william bratton?

22:58:22 mike_c: he doesn't look half as scary as ray kelly did.

22:59:05 mike_c: broken windows my ass

23:08:08 *: dub wont mention what he's been doing this morning

23:08:58 asciilifeform: fluffypony: linked from same: http://motherboard.vice.com/read/the-graffiti-drone-an-interview-with-katsu

23:08:59 assbot: The Drone That Will Change Graffiti: An Interview with KATSU | Motherboard

23:09:37 asciilifeform: ^ robotic graffiti isn't new; i vaguely recall a 'printer van' with eight spray cans that spat out text as it went, circa '04

23:10:18 dub: I recall seeing a paintball dot matrix printer in some promo

23:13:05 asciilifeform: one might imagine that eventually graffiti folks will play 'paintball' with supposedly-unpaintable symbols of usg dominance

23:14:20 *: asciilifeform pictures the inevitable solar-powered automatic vandalizer controlled via blockchain...

23:14:32 fluffypony: lola

23:14:39 fluffypony: yeah

23:16:12 asciilifeform: works best with the (hypothetical) north korean blockchain shortwave repeater.

23:17:40 assbot: [MPEX] [S.MPOE] 41900 @ 0.00085781 = 35.9422 BTC [+] {2}

23:17:45 mircea_popescu: mike_c yeah, they taste like the 80s

23:18:41 assbot: [MPEX] [S.MPOE] 34700 @ 0.00085631 = 29.714 BTC [-] {2}

23:21:28 mircea_popescu: jurov: lol they will find lung and liver fossilies, bones long gone? << this is likely lol

23:22:28 benkay: asciilifeform, dub: almost needless to point out by now, but the buenos aires public wall paintings are better than anything the NYC scene has cranked out since...forever.

23:22:42 benkay: "everything is better in argentinga"

23:22:47 benkay: *argentina

23:22:52 benkay: gold tongue!

23:22:58 benkay: no wait silvertongue

23:23:26 asciilifeform: ;;google argentina sparkletina

23:23:27 gribble: sparkletina - Yahoo Answers: https://answers.yahoo.com/activity?show=KWGBHWRCDPYNIHJ42B5LQ3VGI4&t=g; I need help creating a livingroom with a masculine flair like an ...: https://answers.yahoo.com/question/index?qid=20061028054928AACOmEw

23:23:28 mircea_popescu: btw, "coinbr requires btc addr to sign up i b'leev" << so what if it does ? once you're in you can trade with anyone else in.

23:23:45 benkay: yeah, jurov pointed out that it's not actually dependent on the bc

23:24:03 benkay: although i haven't found the signing functionality in bitc yet - mebbe Mats_cd03 makes that happen

23:24:41 mircea_popescu: <benkay> asciilifeform, dub: almost needless to point out by now, but the buenos aires public wall paintings are better than anything the NYC scene has cranked out since...forever. << this is true.

23:24:50 mircea_popescu: and women actually paint walls here, which is refreshing.

23:25:03 mircea_popescu: the us "scene" is like greenspun's ciclid association. all dorks.

23:25:16 benkay: the negros were pretty hxc back in the day, non?

23:25:59 mircea_popescu: but women ?

23:26:29 asciilifeform: 'sparkletina' is apparently a 'key word' used by various u.s. (?) folks who wish they could move there

23:26:53 mircea_popescu: benkay " let me know when it's realistic." << let me explain realistic. if there's 4k txn a second, which weigh a conservative 512 bytes each, at 512 seconds per block you get...

23:26:57 asciilifeform: (google fails again)

23:26:58 mircea_popescu: ;;calc 512 * 512 * 4000

23:26:58 gribble: 1048576000

23:27:07 mircea_popescu: surprise surprise, our friend mr 1gb block.

23:27:16 mircea_popescu: now, 4k txn / second is nothing if you srsly aspire to be visa.

23:27:40 benkay: so this implies a rather hard fork.

23:28:04 asciilifeform: i thought blockchain only aspires to be 'good delivery brick' vs. visa

23:28:23 benkay: and weren't you just harping on the upsides to a size-constrained block? more competition for limited resources?

23:28:27 mircea_popescu: it just implies "accessibility" is about as dumb a thing to think about re bitcoin as you know, speeding tickets for snails.

23:28:51 asciilifeform: betcha they'd invent speeding ticket if they could.

23:28:58 mircea_popescu: we really don't want, need or could use more poorfags/stupidfags involved

23:29:03 asciilifeform: 'yer doing 5mm/sec in a 4mm zone'

23:29:10 mircea_popescu: admitting against all evidence that there even exists a distinmction between stupid and poor.

23:29:15 mircea_popescu: asciilifeform lol.

23:32:55 assbot: [MPEX] [S.MPOE] 61500 @ 0.00085705 = 52.7086 BTC [+] {3}

23:37:29 mircea_popescu: so i just did a round of solid shopping.

23:37:45 mircea_popescu: gonna paste the list in here, anyone's welcome to guess either us, romania or buenos aires prices for the lot

23:37:51 mircea_popescu: then in an hour or so i tell teh truth.

23:37:56 mircea_popescu: here goes :

23:37:58 mircea_popescu: lb ground beef, 2lb nice beef steak, 6lb fresh ripe pineaple, half lb fresh figs, lb plums,1.5lb masdaam, swiss, smoked local cheese, lb cold cuts/fungs sausage,lb spinach, salad, 2lb ripe tomatoes, 1/2lb mushrooms, lb red peppers,4 ears young corn,2 artichokes,100g dry shitake,100g maraschino cherries, lb chickpeas,14oz heinz ketchup, half lb exceptionally grandiose aceitunas verdes, imported dijon 210g, cabfare 15kms

23:37:58 mircea_popescu: round trip.

23:39:06 asciilifeform: ~300 usd (if bought here.)

23:39:25 asciilifeform: ~400 if you want actual (vs. synthetic) foods.

23:40:01 mircea_popescu: o it's all actual

23:40:06 mircea_popescu: you should see this pineaple.

23:44:50 mircea_popescu: Mats_cd03: benkay is a queen << ahahaha they got yo numba nao vulpes.

23:46:46 Namworld: 300 USD? Sounds a bit too high. Even for Canada/US

23:47:21 mircea_popescu: mike_c: tapes are $20 / TB. can't beat that with a stick. << quite true.

23:47:26 mike_c: i could only guess at the cab ride. i'm a better cook than benkay but that's about it.

23:48:12 mircea_popescu: the blockchain is a bettercook than benkay

23:48:16 Namworld: Well 15km would be what, around 30 USD? Round-trip, 60USD?

23:48:38 mircea_popescu: no, 15km is the whole round trip. market is like 5ish miles away

23:49:25 mthreat: cab fare around 150 pesos, unless stuck in lots of traffic

23:49:29 mircea_popescu: this nice, farmer's market thing

23:49:41 mircea_popescu: mthreat you prolly know progreso

23:50:09 mthreat: not by name.. where's that one?

23:50:14 mircea_popescu: ;;google Mercado del Progreso

23:50:15 gribble: Mercado del Progreso | WhatsUpBuenosAires: http://www.whatsupbuenosaires.com/news/Mercado_del_Progreso; Mercado del Progreso – Buenos Aires, Argentina | publicmarkets.com: http://publicmarkets.com/mercado-del-progreso/; Caballito, Buenos Aires - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Caballito,_Buenos_Aires

23:50:20 Namworld: ok, then... I'd put cost closer to 150-180 USD then...

23:50:39 mircea_popescu: Namworld where that, in quebec ?

23:51:15 asciilifeform: ignoring the question of whether these things ('as printed on the crate', rather than doctored substitutes) can even be had in usa.

23:51:33 mircea_popescu: asciilifeform well, the heinz is a direct import.

23:51:46 mircea_popescu: worchestershire (known here as "salsa inglesa") they were out of

23:52:04 Namworld: Well yes, I suppose. Canada/US should have similar prices all around. Although certain products will vary by region.

23:52:21 mircea_popescu: the notion that the us has the same prices all around boggles my mind.

23:52:26 mircea_popescu: all around kansas orwhat ?!

23:54:22 mircea_popescu: "This white paper seeks to put forth the economic and technical reasons that the digital tokens known as ?AppCoins? can develop a value in the market and maintain their value over the long term, should their associated application gain adoption by users. "

23:54:32 mircea_popescu: summary "hello i would like to be indicted"

23:54:38 Namworld: They don't, but assuming a large amount of varied goods, probably rarely more difference than 10%-15% for the same stuff.

23:55:27 Namworld: Barring shopping at a place with higher quality products. The outlets would need to be similar in both place.

23:55:41 mircea_popescu: i guess you've never lived in san diego, manhattan, downtown dc etc.

23:56:04 mircea_popescu: but this is the highest quality products baby :)

23:56:16 mircea_popescu: the outlets can't be similar, because podunk doesn't have jewish delis.

23:57:39 thestringpuller: on data Andrew Auernheimer

23:57:40 Namworld: Hmm, I guess I should consider that. Downtown locations will be more expensive...

23:57:43 thestringpuller: dat*

23:58:47 mircea_popescu: and speaking of jewish deli, you should have seen this butcher get the steak off the bone.

23:58:51 mircea_popescu: an artist, this man.

23:59:30 mircea_popescu: at it for 39 years, he said when asked. "and after that long time, you'd better be good at it or else you'd better had quit long ago"

23:59:42 asciilifeform: ;;google just lather that's all

23:59:42 gribble: Just Lather, That's All: http://www2.ups.edu/faculty/velez/LAS100/tellez.htm; Tellez, Just Lather, That's All: http://www.tc.umn.edu/~ston0235/3302/readings/tellez.pdf; Just Lather, That's All - YouTube: http://www.youtube.com/watch?v=u6x-7WXbBH4

23:59:47 thestringpuller: wise words

23:59:56 mike_c: heh, you better be good at it or you won't have any fingers left

23:59:57 asciilifeform: ^ for some reason i always think of that piece when imagining Ar