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Transcript for 11-07-2014, 724 lines:

00:03:56 assbot: [HAVELOCK] [PETA] 24 @ 0.03578245 = 0.8588 BTC [+] {2}

00:04:14 TheNewDeal: kakobrekla, you in?

00:05:14 kakobrekla: depends!

00:05:58 assbot: [HAVELOCK] [B.MINE] 200 @ 0.0144385 = 2.8877 BTC [+] {2}

00:06:05 TheNewDeal: just wondering about any resolution plans for http://bitbet.us/bet/951/ , as I'm tired of reading all the derp comments

00:06:05 assbot: BitBet - Silk Road Coin Auction Extravaganza :: 2.15 B (29%) on Yes, 5.3 B (71%) on No | closed 2 weeks 6 minutes ago

00:07:51 kakobrekla: http://log.bitcoin-assets.com/?date=03-07-2014#741708

00:07:52 assbot: #bitcoin-assets log

00:07:55 kakobrekla: http://log.bitcoin-assets.com/?date=03-07-2014#741715

00:07:55 assbot: #bitcoin-assets log

00:08:00 kakobrekla: do you want me to ask mp?

00:08:49 TheNewDeal: sure

00:09:02 mike_c: uh, did you read the links he posted?

00:09:04 kakobrekla: august the 3rd it is.

00:09:11 TheNewDeal: oh wait

00:09:14 TheNewDeal: hahaha

00:09:30 TheNewDeal: that probably seems legitmate anyways

00:10:52 TheNewDeal: I actually didn't until saying sure, but still humorous nonetheless

00:12:14 TheNewDeal: should have realized, https://imgflip.com/i/9iu9z

00:12:15 assbot: Image tagged in lawgs - Imgflip

00:14:21 penguirker: New blog post: http://fraudsters.com/2014/the-wife-of-wanda-wiamonds/

00:15:07 assbot: [HAVELOCK] [B.MINE] 44 @ 0.01445 = 0.6358 BTC [+]

00:16:08 TheNewDeal: can I get a period please, or a semicolon, or something of the like?

00:16:14 asciilifeform: mircea_popescu: shannonizer test?

00:17:47 TheNewDeal: asciilifeform what is that?

00:18:00 asciilifeform: TheNewDeal: markov chain text gen

00:18:07 TheNewDeal: ahhh

00:18:20 asciilifeform: e.g. 'dissociated press.'

00:19:00 TheNewDeal: West Niphomanian - that's too good to be an accident

00:20:30 TheNewDeal: hipsterset of historpy. oh my, going to have to reuse some of these

00:23:03 TheNewDeal: anybody here read HG Wells?

00:23:18 asciilifeform: sure

00:24:16 assbot: [HAVELOCK] [B.SELL] 75 @ 0.01516931 = 1.1377 BTC [-] {13}

00:24:58 TheNewDeal: have abouts one in particular called The Food of the Gods?

00:26:18 assbot: [HAVELOCK] [B.MINE] 70 @ 0.01445142 = 1.0116 BTC [+] {2}

00:38:25 mircea_popescu: asciilifeform no, actually, it's a commentary of "waiting for a midnight kiss"

00:38:35 mircea_popescu: which is an atrociously bad movie i had the misfortune to watch earlier.

00:38:40 asciilifeform: lol

00:40:00 mircea_popescu: TheNewDeal everything on the internets is a trap

00:40:27 TheNewDeal: its a tarp!

00:41:20 mircea_popescu: http://bitbet.us/bet/993/germany-wins-world-cup/ << dude look at that, bitbet actually covered.

00:41:20 assbot: BitBet - Germany wins World Cup :: 10.62 B (64%) on Yes, 5.94 B (36%) on No | closing in 2 days 23 hours | weight: 83`530 (100`000 to 10`000)

00:43:01 mircea_popescu: im seeing germany at 11/8, !germany at (23/10 + 5/2). this comes to 1.375 for, 2.5 against.

00:43:11 mircea_popescu: bitbet is currently doing 1.42 / 2.33

00:43:49 mircea_popescu: i have no idea how "draw" odds are supposed to work on all these betting sites tho. this is the wc final, wtf draw ?

00:44:10 TheNewDeal: ridiculous

00:44:30 mircea_popescu: srsly, 23/10 draw ? how ?

00:44:35 mircea_popescu: maybe it means if they end up in penalty.

00:44:44 TheNewDeal: it's not betting on a full time win, is it?

00:44:57 TheNewDeal: that's what I figured as well

00:44:58 mircea_popescu: i really dunno, kinda obscure how this shit works.

00:47:09 mircea_popescu: also, http://www.youtube.com/watch?v=1V_-iZYIofU

00:47:10 assbot: High Fidelity - Jack Black - Let's Get It On - YouTube

00:54:57 TheNewDeal: Jack Black is pure talent

01:02:16 mike_c: this fraudsters post needs a OTP to decode, yes?

01:03:05 mike_c: i tried reading letters down the edges, but nothing.

01:03:27 mike_c: i need the paper with holes cut out in the right spots.

01:03:35 asciilifeform: mike_c: nope. you just need a squirrel: https://www.youtube.com/watch?v=ncWyA4s3r7I

01:03:35 assbot: Game Gear Squirrel Commercial - YouTube

01:04:18 mike_c: omg i remember that commercial

01:04:47 cazalla: wow, that dude was that fat that long ago

01:05:30 asciilifeform: that was among the first ads i saw when i came to the us

01:06:03 asciilifeform: today we have technology, no longer need squirrel to see colour. but still necessary for 3d, etc.

01:06:15 asciilifeform: and, perhaps - to decode mircea_popescu's post...

01:07:09 mircea_popescu: mike_c lol why so suspicious ?

01:07:17 mircea_popescu: can't a simpleminded psychopath just have some fun ?

01:08:30 mike_c: i figure that is how simpleminded psychopaths have fun.

01:09:04 mircea_popescu: well, this and the surgery.

01:09:12 mike_c: asciilifeform: no wai. the facebook oculus rift is 3d!

01:09:45 mike_c: only 0.5 BTC for version 2 kit. i am tempted, but know i have no time to play with it.

01:12:58 mike_c: random aside: I am now a 0MQ fanboy thanks to kako. fast, versatile, easy to use in any language. solves all your pubsub, message queue, and lonely nights problems.

01:13:50 mike_c: might also wash your dishes, not sure.

01:22:39 mircea_popescu: kako is a graybeard despite his tender years

01:23:33 mike_c: http://bitbet.us/bet/617/and-then-there-was-one/ hmmm....

01:23:33 assbot: BitBet - And Then There Was One :: 7.59 B (56%) on Yes, 6.04 B (44%) on No | closing in 4 months 5 days | weight: 35`178 (100`000 to 1)

01:23:40 mike_c: those odds actually seem pretty good

01:23:49 mike_c: how the hell am i supposed to make any money.

03:43:21 decimation: asciilifeform I tought you could pick up a chicom pick'n place machine for less than $5k

03:49:21 penguirker: New blog post: http://www.bcoinnews.com/071014-mining-difficulty-update/

03:49:35 ThickAsThieves: "So that's the whole story. I was tricked into selling Buttcoin.org to BFL and no longer have access to the site so I've set up camp on the subreddit instead so I can shitpost about bitcoins still."

03:50:08 ThickAsThieves: "The next day we noticed that our most popular article on the entire site, the "The $22,484.00 Butterfly Labs Mini Rig bitcoin miner is a huge, broken, unstable piece of shit." had been edited and now read The Butterfly Labs Mini Rig is a sexy Bitcoin mining machine."

03:57:33 decimation: http://www.washingtonpost.com/blogs/dr-gridlock/wp/2014/07/09/man-visiting-d-c-says-uber-driver-took-him-on-wild-ride/

03:57:33 assbot: Man visiting D.C. says Uber driver took him on wild ride - The Washington Post

03:58:18 decimation: "A side note: Waters said the hack inspector tried to radio for help from other agencies, but his attempt coincided with an outage of the city?s emergency communications system. "

03:58:35 decimation: http://www.washingtonpost.com/blogs/mike-debonis/wp/2014/07/09/radio-silence-in-d-c/

03:58:36 assbot: Radio silence in D.C. - The Washington Post

03:59:30 decimation: "The normal external power feed appeared unreliable Monday, so officials switched to generators until the issue could be addressed. But, 13 hours later, the generators failed, leaving police briefly without radio coverage, 911 callers on hold, and 311 callers totally out of luck for 16 minutes."

04:00:30 asciilifeform: decimation: less than $5k << one with no optics, yes

04:00:36 decimation: Things are getting better comrades

04:01:12 decimation: I don't think you would be placing fine pitch parts without optics

04:01:44 asciilifeform: decimation: believe or not, the sub-$10k (new) chinese machines seem to lack optics.

04:02:03 asciilifeform: decimation: they're meant to work with hand-holding (if you ask me, that defeats the purpose of a robot)

04:02:39 decimation: heh yeah I agree

04:03:49 decimation: the uber kidnapper is a layered story

04:04:20 decimation: failures in silly-con valley, failures in DC government, failures in DC infrastructure

04:07:28 BingoBoingo: %t

04:07:29 atcbot: [X-BT] Bid: 224 Ask: 279 Last Price: 224 24h-Vol: 175k High: 225 Low: 224 VWAP: 224

04:10:14 TheNewDeal: decimation "When they left their meeting there, they thought about taking Uber, but the wait was too long, so they took a cab instead."

04:10:30 decimation: heh yeah

04:11:10 TheNewDeal: on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping

04:12:19 TheNewDeal: was trying to get a ride home from the airport, brother was asleep, ended up paying $9 after the $25 first time discount

04:12:47 decimation: one wonders about the remarkable tolerance supposedly rich people in the US have for such poor public services

04:14:01 BingoBoingo: Foghorn Leghorn weeps http://www.slate.com/blogs/moneybox/2014/07/10/impotent_roosters_chicken_prices_are_rising_because_of_genetic_problems.html

04:14:01 assbot: Impotent roosters: Chicken prices are rising because of genetic problems.

04:14:17 TheNewDeal: which public services are you speaking of decimation?

04:14:20 decimation: Isn't Lyft the one that works on "donations"

04:14:30 TheNewDeal: yes

04:14:36 TheNewDeal: and they refer to all their customers as "friends"

04:14:48 decimation: well, the taxi inspector who encouraged a high speed chase to settle some paperwork

04:15:00 decimation: then the fact that DC can't keep its radio system running

04:15:08 TheNewDeal: ahhh gotcha

04:15:16 decimation: and apparently the backup is ... sit in the cop station and eat donuts

04:15:41 decimation: england was very well policed before the telegraph

04:15:42 BingoBoingo: But how does it taste? Usually it takes some work to make a Capon Aviagen sent a team of scientists to Sanderson last autumn to study the issue and has acknowledged that an undisclosed change it made to the breed's genetics made the birds "very sensitive" to being overfed, he said. "We fed him too much. He got fat. When he got big, he did not breed as much as he was intended to," Cockrell said about the breed of rooster.

04:29:28 mircea_popescu: ThickAsThieves lmao fo real ?

04:29:30 mircea_popescu: bfl trols sa lmao. idiots.

04:29:33 mircea_popescu: tbh i don't get that bitcoinnews article. wtf is it supposed to be ?

04:30:46 BingoBoingo: ;;bc,stats

04:30:48 gribble: Current Blocks: 310188 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 275 blocks | Next Difficulty In About: 1 day, 18 hours, 2 minutes, and 17 seconds | Next Difficulty Estimate: 17191403242.3 | Estimated Percent Change: 2.21746

04:31:33 TheNewDeal: was hoping for a negative, no clue why

04:33:08 BingoBoingo: The thing about betting for a negative is that even if nextchange is estimated negative the first many days of a period, new hash is going to bleed all over your whites the last couple days

04:34:05 TheNewDeal: very true

04:34:15 TheNewDeal: which is why I have not bet on the negative

04:34:35 BingoBoingo: Then again... Maybe August gets really hot?

04:34:52 TheNewDeal: hottest on record :P

04:35:20 penguirker: New blog post: http://www.thedrinkingrecord.com/2014/07/10/encouraging-newsing/

04:38:51 BingoBoingo: Right now here it is a nice 18.3333 C Tomorrow it is only supposed to get up to 29 C

04:39:03 BingoBoingo: Far from hottest on record

04:45:56 decimation: "29. Where persons so keeping watch or ward, shall want assistance therein, any other persons on like duty, having knowledge thereof, by the rattle,signal, outcry, or otherwise, shall repair to, and assist by all means in their power; but no person, during his time of duty, shall absent himself from his particular stand or walk, without consent either of the constable or special constable of the night, unless on the above occasion;

04:45:58 decimation: or for suppressing some disorder of which he is eye or ear witness on some adjoining stand, &c. in absence of the persons keeping watch, &c. therein, nor then longer than necessary, s. 19."

04:45:59 decimation: http://books.google.com/books?id=9qRFAAAAcAAJ&pg=PA1580

04:46:00 assbot: A Digest of the Public General Statutes from Magna Charta - Robert P. Tyrwhitt, Thomas William Tyndale - Google Books

04:46:09 decimation: radio-free policing

04:50:45 mircea_popescu: decimation do you have any idea what size constraints that;'d put on say la ?

04:50:46 decimation: http://www.thegreenwichphantom.co.uk/wp-content/uploads/2011/04/police-rattle.jpg << said rattle

04:50:46 mircea_popescu: detroit ?

04:50:58 mircea_popescu: no fucking parking lots. 15k a month to park your car.

04:51:56 decimation: I'm not sure that's such a bad thing

04:52:25 decimation: Many us cities would be better off without cars in the urban core

04:52:25 mircea_popescu: well, depends what you're optimizing for.

04:52:41 mircea_popescu: if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing.

04:52:55 mircea_popescu: if you want everyone to be able to pretend they're cool, it'd be horrible.

04:53:42 decimation: at any rate, I bring it up mainly because I suspect that less than 1% of the democratic police even realize that this is how things were done before the radio told them what to do

04:54:11 mircea_popescu: it's not really THAT different anyway is it ?

04:55:18 decimation: not in principle, but it would require more humans to be standing around watching for things going on

04:55:42 decimation: the world's population has never been larger, yet human attention is precious

04:58:28 mircea_popescu: well that's why lol.

04:58:50 mircea_popescu: think about it... every new human has the same basic needs, but as you keep adding them to the long end of stupidity they don't actually add a full measure of attention.

04:58:59 TheNewDeal: bingoboingo, in Arizona right now and it's been lik 40 C +

04:59:14 mircea_popescu: so if population is 5 and per capita avg attention ready to be paid 2.1, then you have 2.1x as much attention as needed.

04:59:29 mircea_popescu: once the population is 50 and per capita avg attention available dropped to .95, you're short already

04:59:37 mircea_popescu: as you add more people it only gets worse.

04:59:55 BingoBoingo: TheNewDeal: Ah, here in the Middle West we've been enjoying one of those Polar Vortex things https://www.youtube.com/watch?v=VnjfYrE7xYQ

04:59:55 assbot: Polar Vortex, You Freeze My Cortex - A Complain Song - YouTube

05:01:34 decimation: mircea, this explains much of the current state of the world

05:02:33 mircea_popescu: people pretend to ignore the fact that human life, like all life, is an exercise in exploring the possibilities. as you increase the population you necessarily lower the averages.

05:02:40 TheNewDeal: bingoboingo that video was awesome. Live in the MN, but haven't been back much during the past few weeks

05:02:47 mircea_popescu: exactly for the reason and through the mechanisms any good investment is its own limiting factor.

05:03:11 TheNewDeal: they

05:03:12 TheNewDeal: the

05:03:25 TheNewDeal: they're getting flooded I hear. (sorry for hitting enter a few times)

05:03:59 mircea_popescu: TheNewDeal we'll just think you got the webcam open on the other monitor.

05:04:44 TheNewDeal: me and indiancandy getting it on

05:06:26 cazalla: her face is all over mfc, nfi what the big deal here was

05:06:49 mircea_popescu: cazalla fail school of whoring, "gotta pretend like it's hard"

05:07:00 mircea_popescu: it's the 80s all over again.

05:09:00 cazalla: XSexyindianx on google images if anyone wants a look

05:09:08 BingoBoingo: It's like the tale of two cam girls

05:12:48 TheNewDeal: is that a tale of two cities reference?

05:13:39 BingoBoingo: Not at all

05:15:51 TheNewDeal: i refuse to believe so

05:16:01 mircea_popescu: http://bitcoin-otc.com/viewratingdetail.php?nick=ninjashogun&sign=ANY&type=RECV

05:16:01 assbot: Rating Details for User 'ninjashogun'

05:16:03 TheNewDeal: :)

05:16:13 mircea_popescu: this is a total fucking performance, -35 in two weeks

05:16:18 mircea_popescu: not even supa.

05:17:44 mircea_popescu: ;;later tell rhoruns did you go by that nick in astonia ?

05:17:44 gribble: The operation succeeded.

05:30:35 assbot: [HAVELOCK] [B.MINE] 98 @ 0.014495 = 1.4205 BTC [+] {2}

05:57:29 fluffypony: ThickAsThieves: normal market forces, miners gon' dump etc.

05:57:46 BingoBoingo: %d

05:57:47 atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 533370.09 in 1166 blocks (#40320) Est. % Change: -32.07

06:08:46 BingoBoingo: !up MarcSummers

06:09:12 BingoBoingo: 1up virtuals

06:17:56 nubbins`: !up virtuals

06:19:38 BingoBoingo: http://www.cryptocoinsnews.com/news/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/2014/07/10 << Andreas finally trying to get out before some thing he endorsed collapses for once?

06:19:42 assbot: Andreas Antonopoulos Leaves Bitcoin Foundation Over "Complete Lack of Transparency"

06:25:09 MarcSummers: uhoh

06:25:22 MarcSummers: you wanna real asset? pee pee coin URO

06:26:03 assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/34YR3MB.txt )

06:26:03 BingoBoingo: !b 2

06:39:01 MarcSummers: start xcp asset xcpeepee

06:39:32 fluffypony: lol xcp

07:12:15 assbot: [HAVELOCK] [AM1] 9 @ 0.19766666 = 1.779 BTC [-] {3}

07:19:04 xmj: mike_c: I don't work >for< benkay. I work with him.

07:19:25 xmj: the joys of having your own setup.

07:30:10 thestringpuller: xmj:

07:30:14 thestringpuller: it's late as fuck go to bed

07:37:57 FabianB: thestringpuller: not everywhere on the globe

07:38:37 xmj: 10:30:15 <+thestringpuller> it's late as fuck go to bed

07:38:49 xmj: I'm currently staying in Cambridge, UK -- 08:38 AM.

07:45:58 thestringpuller: ha

07:46:15 thestringpuller: hooray for time zones

07:50:27 []bot: Bet placed: 1 BTC for Yes on "Bitcoin difficulty >= 72B on or before Christmas" http://bitbet.us/bet/990/ Odds: 52(Y):48(N) by coin, 51(Y):49(N) by weight. Total bet: 4.23105324 BTC. Current weight: 95,238.

07:50:28 []bot: Bet placed: 1 BTC for Yes on "Bitcoin incremental difficulty to increase by 9B or more" http://bitbet.us/bet/980/ Odds: 51(Y):49(N) by coin, 50(Y):50(N) by weight. Total bet: 2.2048888 BTC. Current weight: 95,010.

08:44:27 punkman: http://arstechnica.com/gadgets/2014/07/how-one-kickstarter-project-squandered-3-5-million/

08:44:28 assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica

09:01:01 punkman: re: Lyft/Uber http://abovethecrowd.com/2014/07/11/how-to-miss-by-a-mile-an-alternative-look-at-ubers-potential-market-size/

09:01:02 assbot: How to Miss By a Mile: An Alternative Look at Ubers Potential Market Size | Above the Crowd | By Bill Gurley

09:01:13 punkman: lol "The Game Changer: Uber as a Car-Ownership Alternative"

09:02:56 punkman: you wouldn't believe the amount of spam Uber and Lyft are spreading, trying to recruit new drivers

09:34:06 pankkake: http://soylentnews.org/article.pl?sid=14/07/10/2225244 spam works!

09:34:07 assbot: SoylentNews | Scientists Who Continually Publish Get More Citations

09:48:26 pankkake: http://www.coindesk.com/argentinian-money-regulator-mandates-reporting-bitcoin-activity/

09:48:26 assbot: Argentinian Money Regulator Mandates Reporting on Bitcoin Activity

10:42:09 pankkake: davout: http://www.numerama.com/magazine/29982-bitcoins-bercy-veut-limiter-l-anonymat-et-plafonner-les-montants.html

10:42:10 assbot: Bitcoins : Bercy veut limiter l'anonymat et plafonner les montants

11:25:03 davout: pankkake: long bitcoin, short france

11:35:07 ThickAsThieves: ;;later tell ericmuyser fix your connection bro

11:35:26 ThickAsThieves: ;;later tell ericmuyser fix your connection bro

11:35:27 gribble: The operation succeeded.

11:39:17 danielpbarron: https://nxtforum.org/general-discussion/klee-bounty!/

11:39:17 assbot: Klee bounty!

11:40:10 danielpbarron: "This is reddit front-page material - I suggest a concerted effort there: With somebody posting, and the community timely upvoting."

11:41:27 danielpbarron: "Also, klee has put a bounty out of 500 BTC for anyone who can track down the funds (1170 BTC) and retrieve them."

11:43:34 fluffypony: danielpbarron: is this the thing that happened a little while ago where some dude's account got hacked whilst he was on a plane and asked for money to trade?

11:43:39 danielpbarron: "Just want everyone to know that I have unlocked kLee's account here again, and I have video-confirmed it was him making the request." << when is gribble going to have the video authentication method?

11:43:59 fluffypony: s/the/related to the

11:44:05 danielpbarron: fluffypony, idk, I'm still reading

11:44:32 fluffypony: ah, no, that was someone else: https://nxtforum.org/news-and-announcements/incredible-opportunity!/

11:44:33 assbot: Incredible opportunity! (scam, account hacked)

11:44:46 punkman: https://nxtforum.org/general-discussion/general-security-and-klee-theft-situation/

11:44:47 assbot: General security and klee theft situation

11:46:36 pankkake: why should we care?

11:46:39 fluffypony: "1. passes kept in a plaintext file"

11:46:41 fluffypony: ahahahhhaha ha

11:46:48 fluffypony: holy fuck this dude is as bad as usagi

11:47:09 pankkake: lol

11:47:22 pankkake: that guy is a forum retard who invests in every available scam

11:47:27 pankkake: what a surprise

11:51:59 punkman: seems like he's getting some NXT back from bter

11:52:11 punkman: doubt he'll ever see 1000 BTC again

11:53:04 pankkake: and he will never pay that bounty either

12:36:24 BingoBoingo: %t

12:36:25 atcbot: [X-BT] Bid: 224 Ask: 279 Last Price: 224 24h-Vol: 16k High: 224 Low: 224 VWAP: 223

12:54:13 BingoBoingo: !up jdoubleu

12:54:44 jdoubleu: yo thx

12:56:25 BingoBoingo: jdoubleu: What brings you here today

12:59:03 los_pantalones: he's a new camgirl

12:59:03 jdoubleu: interested in learning more about bitcoin, invited by los pants. planned to lurk for a bit

12:59:27 BingoBoingo: Ah, cool.

13:02:32 BingoBoingo: ;;bc,stats

13:02:35 gribble: Current Blocks: 310249 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 214 blocks | Next Difficulty In About: 1 day, 6 hours, 45 minutes, and 16 seconds | Next Difficulty Estimate: 17266282104.5 | Estimated Percent Change: 2.66267

13:04:35 BingoBoingo: %d

13:04:37 atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 538081.55 in 1125 blocks (#40320) Est. % Change: -31.47

13:22:41 HyperChetty: https://pbs.twimg.com/media/BsQ_UDwCMAI6IBD.jpg

13:32:46 ThickAsThieves: <+mircea_popescu> tbh i don't get that bitcoinnews article. wtf is it supposed to be ? /// me either, it reads like it was sleepwritten

13:34:00 BingoBoingo: Sleepwriting is the best

13:36:12 Apocalyptic: pankkake, have you seen http://www.boursorama.com/actualites/bercy-veut-encadrer-l-utilisation-du-bitcoin-9f18f62202aedaaa4261d8badc8eb3b1 ?

13:36:12 assbot: Bercy veut encadrer l'utilisation du Bitcoin

13:36:24 pankkake: yes, read the logs!

13:37:51 Apocalyptic: k, i'm out of the loop

13:40:10 assbot: jdoubleu +v failed; L1: 0, L2: 0

13:40:25 FabianB: !up jdoubleu

13:45:32 los_pantalones: ;;rate jdoubleu 1 your go-to guy for a manhattan, white russian, and trip to dolls

13:45:34 gribble: Rating entry successful. Your rating of 1 for user jdoubleu has been recorded.

13:58:40 kakobrekla: http://bitcoin-conference.eu/index.php

13:58:41 assbot: Bitcoin

14:00:42 davout: Apocalyptic: twas in lemonde.fr too

14:01:07 Apocalyptic: davout, I bet

14:01:27 Apocalyptic: "souhaite r?guler l'utilisation des monnaies virtuelles, comme le Bitcoin, en plafonnant notamment les montants qu'elles peuvent servir ? payer"

14:01:30 Apocalyptic: this is kind of lulzy

14:02:15 pankkake: "In a future where Bitcoin is popular and pervasive, Bitcoin mining is about much more than mining for profit."

14:02:43 davout: Apocalyptic: it's kind of consistent if you compare it to cash thresholds

14:02:48 pankkake: I hope the guy gets hecklers

14:03:25 kakobrekla: slovenia does bitcoin conferene but no best slovenians on it

14:03:33 Apocalyptic: davout, it is, the thing is it's not really enforceable

14:03:34 kakobrekla: how strange.

14:03:49 davout: Apocalyptic: except with fr payment processors

14:04:00 Apocalyptic: of course

14:04:15 davout: the pretty cool thing tho are the mentions about vat

14:04:25 Apocalyptic: yeah, that is sensible

14:04:53 davout: except they kinda say "we'll see later about that"

14:05:40 davout: i really have nothing against going the fuck out of france :)

14:05:57 Apocalyptic: heh :)

14:06:04 BingoBoingo: kakobrekla: You should go there and just piss on the podium

14:07:05 kakobrekla: or just mix the laxatives in the drink and run.

14:22:44 mircea_popescu: !up jdoubleu

15:05:20 thestringpuller: bc,stats

15:05:27 thestringpuller: ;;bc,stats

15:05:35 gribble: Current Blocks: 310253 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 210 blocks | Next Difficulty In About: 1 day, 8 hours, 6 minutes, and 6 seconds | Next Difficulty Estimate: 17192441000.7 | Estimated Percent Change: 2.22363

15:22:07 mircea_popescu: ;;ident jurov

15:22:08 gribble: Nick 'jurov', with hostmask 'jurov!~jurov@mx.coinbr.com', is not identified.

15:23:03 jurov: ;;gpg everify freenode:#bitcoin-otc:ed0b84b6934b5585ad167237010b74d30020c9bd984a175b6db6de50

15:23:04 gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7

15:35:24 penguirker: New blog post: http://bitcoinpete.com/2014/07/11/pimpin-preschools-and-pos-software/

15:49:44 assbot: [HAVELOCK] [PETA] 54 @ 0.03757167 = 2.0289 BTC [+] {9}

15:49:59 fluffypony: holy shit, ericmuyser please fix your fucking connection

15:50:34 mircea_popescu: does that mean his connection is slutty, fucking around, and he should fix, ie castrate it ?

15:51:27 fluffypony: D) All of the above

15:51:51 mircea_popescu: !up alex_c

15:52:47 assbot: [HAVELOCK] [B.SELL] 64 @ 0.01525 = 0.976 BTC [+]

15:59:54 assbot: [HAVELOCK] [B.MINE] [PAID] 1.65223501 BTC to 11`051 shares, 14951 satoshi per share

16:01:56 assbot: [HAVELOCK] [PETA] [PAID] 173.75743686 BTC to 82`142 shares, 211533 satoshi per share

16:04:59 assbot: [HAVELOCK] [PETA] 20 @ 0.03665908 = 0.7332 BTC [+] {4}

16:06:01 assbot: [HAVELOCK] [SCRYPT] [PAID] 6.53965170 BTC to 29`438 shares, 22215 satoshi per share

16:18:23 BingoBoingo: - ;;ticker

16:18:27 BingoBoingo: ;;ticker

16:18:29 gribble: Bitstamp BTCUSD ticker | Best bid: 628.78, Best ask: 629.52, Bid-ask spread: 0.74000, Last trade: 629.52, 24 hour volume: 6210.79826244, 24 hour low: 612.58, 24 hour high: 630.0, 24 hour vwap: 0

16:33:21 pankkake: http://www.reddit.com/r/Buttcoin/comments/2adssm/buttcoin_foundation_rocked_as_founder_exposed_to/

16:33:21 assbot: Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs : Buttcoin

16:37:48 mod6: %d

16:37:49 atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 539534.36 in 1105 blocks (#40320) Est. % Change: -31.28

16:37:53 mod6: %p

16:37:54 atcbot: [CoinMiner Hashrate]: 0.03 TH/s [PityThePool Hashrate]: 4754.24 GH/s

16:58:35 BingoBoingo: So Lebron signed with Cincinnati, or Cleveland. Which ever C town in hell has a basketball team

17:01:51 BingoBoingo: Speaking of Ohio... how is rentalstarter doing?

17:02:29 benkay: !t h rent

17:02:29 assbot: [HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)

17:09:04 mircea_popescu: ;;seen hm.

17:09:04 gribble: I have not seen hm..

17:09:08 mircea_popescu: what was the guy's name ?

17:09:40 mircea_popescu: ;;seen the20year

17:09:41 gribble: the20year was last seen in #bitcoin-assets 10 weeks, 2 days, 0 hours, 39 minutes, and 42 seconds ago: <the20year> Corn oil sells locally for $3.25/gal

17:12:05 assbot: [HAVELOCK] [PETA] 153 @ 0.0368 = 5.6304 BTC [+]

17:12:57 BingoBoingo: !t h RENT

17:12:58 assbot: [HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)

17:13:40 BingoBoingo: So not the lowest they've been this months, but still well any of their OMGWTFIPOs

17:15:08 assbot: [HAVELOCK] [PETA] 17 @ 0.03662941 = 0.6227 BTC [-] {3}

17:28:38 mike_c: it has held up because the exchange rate has been so stable. the guy doesn't seem like a scammer, or even incompetent. it would be a good investment if bitcoin didn't exist.

17:30:47 mike_c: i wonder what would have happenned if this was advertised on espn.com http://bitbet.us/bet/960/lebron-james-to-take-his-talents-elsewhere/

17:30:47 assbot: BitBet - LeBron James to take his talents elsewhere :: 0.21 B (42%) on Yes, 0.29 B (58%) on No | closing in 3 months 1 week| weight: 84`213 (100`000 to 1)

17:32:05 mike_c: it was 2.9 : 1 before that last scammer bet. the underdog won again

17:32:25 assbot: [HAVELOCK] [PETA] 17 @ 0.037368 = 0.6353 BTC [-]

17:33:26 assbot: [HAVELOCK] [PETA] 25 @ 0.03582069 = 0.8955 BTC [-] {5}

17:40:25 mircea_popescu: mike_c why scammer bet ?

17:44:11 BingoBoingo: http://i.kinja-img.com/gawker-media/image/upload/s--lL5_3Pf---/c_fit,fl_progressive,q_80,w_636/z9z6weno6y6yyho61uvs.png

17:46:16 mike_c: the bet is logged at 16:26 today, i assume that is GMT? Lebron tweeted a link to the sports illustrated article at 16:31, I assume it had been published more than 5 minutes earlier.

17:47:22 asciilifeform: BingoBoingo: lol!

17:48:41 assbot: [HAVELOCK] [B.SELL] 38 @ 0.015399 = 0.5852 BTC [+]

17:50:44 assbot: [HAVELOCK] [PETA] 15 @ 0.03679 = 0.5519 BTC [+]

17:53:58 mike_c: yeah, here it is at 13:30 gmt: https://twitter.com/KingJames/status/487634726736646144

17:54:16 mike_c: scammers be scammin'

17:54:47 assbot: [HAVELOCK] [PETA] 400 @ 0.03808767 = 15.2351 BTC [+] {8}

17:55:48 assbot: [HAVELOCK] [CFIG] 11 @ 0.049 = 0.539 BTC [-] {2}

17:57:01 mike_c: BingoBoingo: lol. people like spielberg are the reason dinosaurs are EXTINCT now.

18:07:37 jurov: maybe i'll place sponsored link on reddit "Short All The Bitcoin Scams"

18:07:51 jurov: with info how to use coinbr to trade DERPs

18:08:02 jurov: might be fun

18:18:10 assbot: [HAVELOCK] [PETA] 20 @ 0.03815 = 0.763 BTC [-]

18:45:37 assbot: [HAVELOCK] [PETA] 30 @ 0.0381799 = 1.1454 BTC [+] {3}

18:54:46 assbot: [HAVELOCK] [PETA] 14 @ 0.03810854 = 0.5335 BTC [-] {4}

18:56:23 penguirker: New blog post: http://www.thedrinkingrecord.com/2014/07/11/a-friendly-reminder-on-shorting/

19:13:41 jurov: lol everyone's thinking about it

19:14:00 jurov: maybe it can be done even more diabolically

19:14:19 BingoBoingo: Evil finds a way

19:14:25 jurov: have anothe sponsored link "Buy Shares of All the BTC companies you love"

19:14:44 jurov: and link it to info about how to go long on coinbr

19:15:01 jurov: (different from above one)

19:16:28 fluffypony: [21:16:02] sud0sandwich: BREAKING NEWS: Facebook has acquired potato salad for $2 billion.

19:16:30 fluffypony: lol

19:19:49 bitcoinpete: howdy

19:20:19 jurov: hi pete

19:20:57 thestringpuller: ;;bc,stats

19:20:59 gribble: Current Blocks: 310280 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 183 blocks | Next Difficulty In About: 1 day, 5 hours, 5 minutes, and 9 seconds | Next Difficulty Estimate: 17170379755.6 | Estimated Percent Change: 2.09245

19:21:01 bitcoinpete: heya jurov, how goes coinbr?

19:21:36 bitcoinpete: asciilifeform: today we have technology, no longer need squirrel to see colour. but still necessary for 3d, etc. << skvirrel! and moose!

19:21:44 *: jurov thinks of something funny

19:22:26 jurov: you can rest assured your coinbr assets are completely safe

19:22:29 bitcoinpete: mircea_popescu: kako is a graybeard despite his tender years << nao i want to dox the guy, find out how tender...

19:22:30 jurov: at least till monday

19:23:06 bitcoinpete: jurov: can i get fiat-denominated insurance on that promise?

19:23:25 jurov: yes

19:23:40 bitcoinpete: i like

19:24:10 jurov: but how? you pay me 10 euro, i pay you 1000 if your mpex assets vanish before monday?

19:24:11 bitcoinpete: decimation: failures in silly-con valley, failures in DC government, failures in DC infrastructure << failureville, usa. it's like the new springfield

19:24:49 bitcoinpete: jurov: lol i was more poking fun at circle, pierce, etc

19:24:59 benkay: armory is a gui-only thing, right?

19:25:08 bitcoinpete: benkay: pretty sure ya

19:25:14 jurov: lolk

19:25:31 benkay: htm

19:25:33 benkay: hrm*

19:25:39 bitcoinpete: TheNewDeal: on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping << that's what they want you to think

19:26:06 mike_c: benkay: you can acces everything through python

19:26:39 bitcoinpete: mircea_popescu: if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing. << like london. can't park your zonda anywhere

19:27:33 mike_c: https://bitcoinarmory.com/developers/python-scripting/

19:27:34 assbot: Python Scripting | Bitcoin Armory

19:28:02 bitcoinpete: mircea_popescu: exactly for the reason and through the mechanisms any good investment is its own limiting factor. << this is a thought

19:28:28 benkay: awesome mike_c you're a scholar

19:28:36 mike_c: and a gentleman

19:29:01 bitcoinpete: fluffypony: "1. passes kept in a plaintext file" << those kids

19:29:44 BingoBoingo: benkay: Armoryd is a thing

19:29:56 mircea_popescu: !up indiancandy1

19:30:22 bitcoinpete: well there ya go, i should know better than to chime in on armoury's guiness

19:31:03 bitcoinpete: http://link.reuters.com/fax39t

19:31:04 assbot: Canada jobs, unemployment

19:31:14 BingoBoingo: bitcoinpete: If you thing bitcoind takes up a lot of hard drive space though...

19:31:29 mircea_popescu: bb has a point, http://bitbet.us/bet/854/brock-pierce-to-resign-at-btc-foundation/ is maybe a little lopsided

19:31:29 assbot: BitBet - Brock Pierce to resign at BTC Foundation :: 0.3 B (3%) on Yes, 10.08 B (97%) on No | closing in 1 month 2 weeks | weight: 45`677 (100`000 to 1)

19:31:42 bitcoinpete: canadian unemployment 7.1%, usa at 6.1%

19:31:49 bitcoinpete: totally made up stats but y'know

19:32:04 benkay: our fictions are less than yours

19:32:33 bitcoinpete: or yours are greater

19:32:38 bitcoinpete: and ours more accurate

19:32:40 indiancandy1: hi amigos

19:32:41 bitcoinpete: no way to know!

19:33:15 fluffypony: wtf is this, I don't understand: https://bitcointalk.org/index.php?topic=686482.0

19:33:15 assbot: Giveaways from Mr Ricardo investor and diplomat

19:33:23 bitcoinpete: mircea_popescu: if derpopolous, matonis, etc can jump ship, why not pierce

19:33:38 mircea_popescu: everyone jumps shit eventualy.

19:33:48 benkay: hop a poop

19:33:52 mircea_popescu: fluffypony is that you ?

19:33:56 fluffypony: no

19:34:18 mircea_popescu: "I am Mr Ricardo, one of the first bitcoin miners early in 2009, prosperous engineer, social policymaker and developer of different marketplaces everywhere in the network."

19:34:20 fluffypony: I'm Riccardo with two c's (Italian) - Ricardo with one c is Spanish / Portuguese

19:34:25 mircea_popescu: basically, rpietilla v2.0

19:34:30 mircea_popescu: who in turn was goat 2.0

19:34:33 *: asciilifeform misread as 'prosperous social engineer'

19:34:50 mircea_popescu: it won't soon end. next move is rap derps going on about their bitcoin creed

19:34:57 fluffypony: "broadcasting transfers rebuilding musing searching resources spreading means handling experience"

19:35:04 mircea_popescu: the consumer end is cursed to be forever consumer facing.

19:35:15 fluffypony: that sounds like "I shat a bunch of words out because I'm high"

19:35:32 mircea_popescu: well... the demo is high.

19:35:42 fluffypony: lol! https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpa1/t1.0-9/10447408_891063467576825_1721796086288559289_n.jpg

19:35:51 mircea_popescu: "My contribution in the innovative structures last years filled out 88% of my time."

19:37:17 indiancandy1: how is evryone today

19:37:36 mircea_popescu: pretty amused.

19:37:50 benkay: thanks BingoBoingo

19:38:13 fluffypony: that is great

19:38:21 mircea_popescu: "Huge investors are consolidating here, that's good sign. You found this topic very fast. Excellent. Big things in work."

19:38:21 benkay: ;;rate mike_c 2

19:38:22 gribble: Error: For identification purposes, you must be authenticated to use the rating system.

19:38:54 mircea_popescu: buncha squatters

19:39:06 benkay: ;;eauth benkay

19:39:06 gribble: Request successful for user benkay, hostmask benkay!~user@unaffiliated/benkay. Get your encrypted OTP from http://bitcoin-otc.com/otps/2AFA1A9FD2D031DA

19:39:18 benkay: ;;everify freenode:#bitcoin-otc:5ddaa809667d6a93d9b743d548729a1881869d70787a583a497c4277

19:39:19 gribble: You are now authenticated for user benkay with key 2AFA1A9FD2D031DA

19:39:23 benkay: ;;rate mike_c 2

19:39:25 gribble: Rating entry successful. Your rating of 2 for user mike_c has been recorded.

19:40:52 mircea_popescu: "I will rape you fucking partridge. I am more legit then you. I am sure that your account is hacked and you are not the one you are trying to show. Shut up there or i will fuck you in hole"

19:41:01 mircea_popescu: is this a re-do of the s.limbs ?

19:41:33 fluffypony: classic

19:42:08 fluffypony: "Shut up there or i will fuck you in hole between buttocks."

19:42:12 fluffypony: let's use the whole phrase

19:42:16 fluffypony: because it's awesome

19:43:04 mircea_popescu: kinda long tho

19:43:31 assbot: Last 4 lines bashed and pending review. ( http://dpaste.com/2BW5YVK.txt )

19:43:31 benkay: !b 4

19:45:42 mircea_popescu: assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica << punkman to be fair, that's not really either important or making a lot of sense. sometimes prototypes fail, which is why they're called prototypes. i don't think you can find any item which didn't have millions "wasted" in prototyping

19:46:03 mircea_popescu: the problem with kickstarter and the shit trying to copy it isn't that it wastes a lot of money, but that it wastes it pointlessly.

19:46:09 asciilifeform: sane people don't sell prototype as product.

19:46:39 mircea_popescu: asciilifeform sane people also aren't on kickstarter, nor do they think everyone's their peer, nor do they think they have something to "contribute" in random fields that never heard of them.

19:46:50 mircea_popescu: we're in postmodernism here, and so therefore postsanity.

19:46:56 asciilifeform: lol

19:47:41 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/2JTY2RT.txt )

19:47:41 bitcoinpete: !b 3

19:47:44 mircea_popescu: of course, actually wasting money is a net positive for the us system.

19:47:48 mircea_popescu: in that it deflates the bubbles.

19:48:15 mircea_popescu: the most important economic activity in a runaway inflation macroeconomy is the writing off of bad debts.

19:48:50 asciilifeform: it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry

19:48:56 mircea_popescu: which is kinda why the headlines read like they did, a few years ago. "x bank writes off y bilions"

19:49:19 mircea_popescu: asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it.

19:49:38 asciilifeform: the people who did that kickstart, for instance, are separated from their true motherland - the uranium mines - for so long as the money lasts them.

19:49:42 mircea_popescu: as long as the scammers actualy waste it, rather than keep it, this is financial sterilisation.

19:49:53 mircea_popescu: you're looking at it up the river.

19:50:10 mircea_popescu: entropy actually flows the other direction

19:50:17 asciilifeform: who will replace the uranium that wasn't mined?

19:50:41 mircea_popescu: but the reason these derps are on kickstarter and bitcointalk instead of whatever mine isn't that they had enough money and bought their way out.

19:51:34 benkay: <asciilifeform> it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry // <mircea_popescu> asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it. // wait how is taking the money from people who shouldn't have it and giving it to others who shouldn't have had it either not subtracting a from x and then adding a back to x?

19:51:46 asciilifeform: from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank

19:51:56 mircea_popescu: benkay because group 1 was "investing it" therefore wrecking capital allocation

19:51:58 benkay: i'm living through a fog of back pain today so forgive the retardation

19:52:06 mircea_popescu: whereas group 2 just spends it, therefore merely wasting resources.

19:52:32 mircea_popescu: consider group 1 of 50 idiots who "invested" with pirate, thus creating for me the problem of there existing a pirate, something im still dealing with.

19:52:42 mircea_popescu: vs the 50 idiots who bought pizzas and lost wallets and whatnot.

19:52:47 mircea_popescu: which is the more pernicious iyo ?

19:53:31 asciilifeform: mircea_popescu: aha i recall, you described this lemma in the 'tin woman' essay

19:53:41 mircea_popescu: if there were no pirate and no silkroad whatshisname, the usg wouldn't be tempted today by the very dangerous heresy that "maybe it can make it on its own"

19:53:53 mircea_popescu: generally, the sooner agents are brought to their knees the less blood gets spilled.

19:55:47 mircea_popescu: <asciilifeform> from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank << false. the cheap factorygirlz in china come from families which have cared enough about them to invested beatings and other very valuable time.

19:55:48 bitcoinpete: mircea_popescu: other than just having a mountain of coins and the ability to dispense of them erratically, how does pirate impact you?

19:55:55 mircea_popescu: no such thing in the us. that's why.

19:56:04 mircea_popescu: bitcoinpete that's exactly it.

19:56:23 asciilifeform: mircea_popescu: very pessimistic, but probably true. the inevitable conclusion is 'biodiesel.'

19:56:26 bitcoinpete: a ok

19:56:36 mircea_popescu: bitcoinpete consider the case of a street where some idiot builds an unstable skyscraper.

19:56:42 mircea_popescu: the cost of the thing falling may be 10k

19:56:42 benkay: Mats_cd03: how much time would making rest-y interface to bitc take?

19:56:59 mircea_popescu: but the cost of everyone on the street insuring against being fallen on ? 1mn over 10 years.

19:57:42 asciilifeform: if i recall, this used to be called 'externality'

19:57:47 mircea_popescu: exactly

19:57:49 bitcoinpete: right. so the energy expending in making the infrastructure robust enough to deal with pirate's hits are severely costly

19:58:05 mircea_popescu: that's why you don't let derps build unstable skyscrapers. not because the thing WILL fall, but because the thing MIGHT fall

19:58:13 mircea_popescu: which is more expensive than it simply falling.

19:58:33 asciilifeform: or, one could say, the cost of a maniac spinning round and round with machine gun is not merely the wasted lead.

19:59:02 mircea_popescu: something like that.

19:59:33 mircea_popescu: and now y'all are better qualified risk managers and generally speaking financiers than pretty much everyone under 30 on ws.

19:59:39 bitcoinpete: this appears to be one of those cases where the cost of uncertainty greatly exceeds the potential benefits of the construction

19:59:46 mircea_popescu: and an appalling fraction of the over 30 crowd to boot

20:00:06 bitcoinpete: sort of like playground equipment with built-in buzzsaws

20:00:39 bitcoinpete: or the opposite of most of the de-riskified markets (and playgrounds)

20:01:13 mircea_popescu: bitcoinpete problem is there's two kinds of risk.

20:01:30 mircea_popescu: the risk that your prototype may not work, for whatever real reason, is one type, and eminently insurable.

20:01:46 bitcoinpete: sure, have lots of prototypes..

20:01:47 mircea_popescu: the risk that your boss may not let you make the prototype however, for whatever ideological reason, is the other type.

20:02:03 bitcoinpete: ya, can't have lots of bosses

20:02:04 mircea_popescu: eminently uninsurable, and the confusion between the two things pretty much the #1 killed of insurance businesses.

20:03:13 bitcoinpete: interesting.

20:03:41 bitcoinpete: so with pirate, we can't make prototypes because we don't know if he'll say yes?

20:03:49 mircea_popescu: uh

20:04:12 bitcoinpete: in that we can try to make something and he could arbitrarily crush it

20:04:29 bitcoinpete: or not arbitrarily

20:04:42 mircea_popescu: no, more like we tell that Columbia girl that the best future for her is on her two knees and with a welted butt in our household

20:04:54 mircea_popescu: but this idiot with a flashy car tells her how he's gonna make her a singer-actresss

20:04:59 mircea_popescu: and stupid as she is, she goes for it.

20:05:19 mircea_popescu: two years later, she's working that mfc and wondering "why it all went wrong"

20:06:07 bitcoinpete: so another 5 years pass and she humbly comes to her senses, following the girls who make the right decision 7 years priot

20:06:11 bitcoinpete: prior*

20:06:23 mircea_popescu: there's no coming back.

20:06:35 mircea_popescu: this is a didactic illusion, people do it in school.

20:06:51 bitcoinpete: hm ya, "upgrading"

20:07:42 bitcoinpete: so a lot of people who got into bitcoin in 2011 and got raped by pirate are gone forever

20:07:55 bitcoinpete: and probably worse off than people who got in in 2013

20:08:13 mircea_popescu: well no. most of them went on to "invest" in glbse, be "offended" by mpoe-pr, then "invest" in whatever,

20:08:23 mircea_popescu: they're still around, mostly, still derping, mostly

20:08:35 mircea_popescu: by the time you're that defeated you really have no incentive left to admit you're stupid.

20:09:52 bitcoinpete: so they suck versus more humble, even later, entrants

20:10:42 mircea_popescu: "people", ie, nobodies who got in in 2013 got in at a time their meagre disposable income already made it impossible for them to matter.

20:11:06 mircea_popescu: so a lot of the heartache of discovering one is poor because one is stupid, not because one never "had a chance" is spared them.

20:11:32 benkay: http://soylentnews.org/article.pl?sid=14/07/11/0953240&from=rss

20:11:33 assbot: SoylentNews | Police Request Permission to take Nude Photo of Minor Sexting Suspect

20:11:55 mircea_popescu: benkay iitl!

20:12:43 asciilifeform: nobodies who got in in 2013... meagre disposable income already made it impossible for them to matter << not so simple. chumpatronic engineers, malware artists, etc. who got in 2013 (or even today) can still accumulate enough to build plenty of falling skyscrapers

20:13:05 mircea_popescu: "Young math students are warned about the critical difference between precision and accuracy. Financial models, especially valuation models, are interesting in that they can be particularly precise. A discounted cash flow model can lead to a result with two numbers right of the decimal for price-per-share. But what is the true accuracy of most of these financial models?"

20:13:11 mircea_popescu: bill gurley is fucking retarded.

20:13:16 asciilifeform: or is there reason to think that we've reached a 'ground state' where all of the money has left the 'fool pockets'

20:13:41 mircea_popescu: why put a pike on display just to stab yourself on the eye with ? just don't mention statistics at all, and merely go on derping nudely, "i want uber to be worth moar"

20:14:12 mircea_popescu: asciilifeform the problem was 1mn btc sloshing together at a time the total circulating btc was like 5mn

20:14:32 mircea_popescu: nobody getting in today gets even 100k together, let alone 3mn, to keep proportions.

20:14:57 mircea_popescu: most "vc"s are exposed to less btc than usagi was three years ago, for crying out loud.

20:15:52 bitcoinpete: at least vc's use back-ups

20:16:06 assbot: [HAVELOCK] [PETA] 22 @ 0.039863 = 0.877 BTC [+] {2}

20:16:12 asciilifeform: wouldn't the increased fiat pull of btc today compensate? e.g. for 30k btc one can build an actual skyscraper - which proceeds to fall...

20:16:25 mircea_popescu: i do not care what happens in the fiat world.

20:16:30 mircea_popescu: not anymore.

20:16:56 mircea_popescu: let obama fix that.

20:17:42 mircea_popescu: "So here is the objective of this post. It is not my aim to specifically convince anyone that Uber is worth any specific valuation. What Professor Damodaran thinks, or what anyone who is not a buyer or seller of stocks thinks, is fairly immaterial."

20:17:57 mircea_popescu: if there ever was a good signal to gtfo out of us stocks... i dunno what else it could be,.

20:18:44 bitcoinpete: mircea_popescu: so what do some of the scenarios of pirate shenanigans look like?

20:19:08 dub: tl;dr on mpex?

20:19:18 mircea_popescu: "being arrested and dropping ten btc to the usg"

20:19:26 mircea_popescu: dub http://fraudsters.com/2014/mpex-status-update/

20:19:28 assbot: MPEx status update pe fraudsters - Un blog de Mircea Popescu.

20:20:15 mircea_popescu: " For most of America, prior to Uber it was impossible to predict how long it would take for a taxi to show up."

20:20:17 dub: ty

20:20:20 mircea_popescu: dude srsly... how is this a country ?

20:20:53 bitcoinpete: http://reason.com/blog/2014/07/10/senate-judiciary-committee-backs-constit << on the us as "a country"

20:20:54 assbot: Senate Judiciary Committee Backs Constitutional Amendment to Restrict Free Speech - Hit & Run : Reason.com

20:21:02 midnightmagic: Nobody cares about taxis or buses or rail. Everyone just has a car.

20:21:45 mircea_popescu: i can tell you that uber has 0 chances in romania, because i've never had a taxi be over 5 minutes, nor did i ever have a problem getting lost items back

20:21:50 mircea_popescu: generally, the driver just brings it back.

20:21:56 mircea_popescu: argentina is no different

20:22:03 mircea_popescu: the idea that there's a "global market" is beyond shoddy.

20:22:40 mircea_popescu: actualy, to put it in perspective, i've lived here for over a month, took > 100 rides, NEVER HAD TO CALL ONE.

20:22:50 mircea_popescu: never waited more than a minute. walk up to street, lift hand. taxi is tere.

20:23:09 jborkl: If you were so inclined, to further drive mirceas point. It was very easy to raise 50K bitcoins two years ago

20:23:51 asciilifeform: incidentally, i recently read a hilarious book by a russian who drove a taxi in new york in the '70-'80s. 'желтые короли' ('yellow kings.' in english translation - which apparently exists - 'taxi from hell')

20:23:52 bitcoinpete: jborkl: was like $1mn then

20:24:57 dub: i'd use uber

20:25:03 jborkl: well let me give you this example - Bakewell raised funds through a IPO with a shoe on his head picture to build 2 GPU minners

20:25:04 bitcoinpete: bbiab

20:25:21 dub: taxi's are safer called, mopst of the flaggable ones are driven by rapists

20:25:40 mircea_popescu: dub now how did you form that idea ?

20:25:44 asciilifeform: 'uber' is just another in a long line of chumpatrons which work by persuading some chumps to make idiotic business decision, and packaging/selling the result to other chumps

20:25:50 asciilifeform: see, e.g., 'etsy'

20:25:57 jborkl: people fell all over themselves to "invest" in this

20:26:08 mircea_popescu: asciilifeform etsy is a great place to meet famished young things. some pretty. some educable.

20:26:14 dub: I liked that park auctioning app from the valley

20:26:15 asciilifeform: lol

20:26:51 asciilifeform: mircea_popescu can apparently reprocess anything into a useful feedstock. like the chicago stockyards famously used 'even the squeal of the pig.'

20:26:59 mircea_popescu: it's a talent.

20:27:19 dub: http://boingboing.net/2014/05/06/app-lets-you-auction-your-san.html

20:27:20 assbot: App lets you auction your San Francisco parking spot - Boing Boing

20:27:43 fluffypony: http://imgur.com/a/lphHd

20:27:43 assbot: imgur: the simple image sharer

20:27:45 fluffypony: that is awesome

20:27:59 mircea_popescu: lol so the frenchies want to a) make bitcoin tx illegal among anon parties and b) make max tx 3k euro.

20:28:46 mircea_popescu: i wonder what's next, we decide to confiscate all bitcoin owned by anyone involved with the french government ?

20:28:54 asciilifeform: mircea_popescu: next, they order the blockchain whipped. and branded.

20:29:26 davout: mircea_popescu: don't even get me started

20:29:39 mircea_popescu: davout why do you live in Dumblandia ?

20:29:59 davout: no, because i read between the lines of that thing

20:30:12 mircea_popescu: fluffypony ahaha appreciated.

20:30:24 davout: i think they are fucking terrified

20:30:26 jborkl: so how exactly do they propose to enforce this?

20:30:58 jborkl: oh wait they cant

20:31:17 davout: jborkl: they just "said" nobody expects them to "do"

20:31:21 mircea_popescu: https://nxtforum.org/general-discussion/klee-bounty!/ << someone explain wtf this retardation is ?

20:31:22 assbot: Klee bounty!

20:31:29 mircea_popescu: in terms easily digestible for you know, sane people.

20:31:40 jborkl: he got 1200 btc stolen

20:31:46 mircea_popescu: how ?

20:31:50 jborkl: and is paying 500 to get it back

20:31:59 jborkl: some alt coin

20:32:22 jborkl: neex coin?

20:33:14 jborkl: cleartext dropbox

20:33:21 jborkl: .dat

20:33:28 mircea_popescu: so is it that some derp holding a worthless scamcoin he arbitrarily values at 1k btc got his worthless scamcoin "stolen"

20:33:47 mircea_popescu: through such eminent strategies as giving away whatever passes for a password in that particular altscam world ?

20:34:03 mircea_popescu: and in fact what was stolen is a broken spoon nobdy cares about except for some down syndrome patients ?

20:34:22 mircea_popescu: cause that's what i got on the first pass.

20:35:18 jborkl: well, you know a broken spoon is worth a bunch to the creator or the mentally ill

20:35:26 jborkl: so yes

20:36:17 mircea_popescu: great. punkman is like the resident social caseworker.

20:36:23 jborkl: oh wait - no he really has 1170 btc, in btc

20:36:33 jborkl: had

20:36:46 jborkl: https://blockchain.info/nl/address/1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr

20:36:46 assbot: Bitcoin Adres 1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr

20:37:09 mircea_popescu: that was a short trip

20:38:55 mircea_popescu: kakobrekla: or just mix the laxatives in the drink and run. << why run ?

20:38:59 mircea_popescu: let their gut run and watch.

20:39:59 kakobrekla: dun wanna be covered in shit.

20:40:16 mircea_popescu: aren';t you slovenian already ?

20:40:39 kakobrekla: ill subscribe for french passport at this rate.

20:40:58 davout: you are mistaken

20:41:11 davout: the reason we don't shower is that we naturally smell awesome

20:41:13 mircea_popescu: you know they'll make you dine as a citizenship test ?

20:41:22 mircea_popescu: ;;google faire dinette

20:41:23 gribble: DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest: http://www.pinterest.com/playwithkids/dinette-au-crochet-marchande-play-food/; dinette on Pinterest: http://www.pinterest.com/misscoquillages/dinette/; Dodo dinette - French Children's Songs - France - Mama Lisa's ...: http://www.mamalisa.com/?t=es&p=1257&c=22

20:41:29 kakobrekla: do they have spoons?

20:41:33 davout: mircea_popescu: lol didn't i show you this one ?

20:41:45 davout: ;;google faire dinette wikipedia

20:41:46 gribble: Dînette — Wikipédia: http://fr.wikipedia.org/wiki/D%C3%AEnette; France - Zappa Wiki Jawaka: http://wiki.killuglyradio.com/wiki/France; dinette — Wiktionnaire: http://fr.wiktionary.org/wiki/dinette

20:41:46 mircea_popescu: davout indeed. i learn fast and permanently.

20:42:12 davout: ;;google wikipedia soupeur

20:42:13 gribble: soupeur - Wiktionary: http://en.wiktionary.org/wiki/soupeur; Lojeanz didier - YouTube: http://www.youtube.com/channel/UCRFlLIM4SVfXQjlqAYV_rGw; Monosodium glutamate - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Monosodium_glutamate

20:42:51 davout: hehe this page is only in french

20:42:51 mircea_popescu: http://www.pinterest.com/playwithkids/dinette-au-crochet-marchande-play-food/ << this is pretty good lmao

20:42:53 assbot: DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest

20:43:18 davout: I'D PLAY WITH THAT

20:56:46 bitcoinpete: fluffypony: http://imgur.com/a/lphHd << lmao. thx for this. hardest i've laughed in a while!

20:56:47 assbot: imgur: the simple image sharer

21:07:20 mircea_popescu: http://imgur.com/gallery/uf3YE << i join in the "wtf, canada!"

21:07:20 assbot: WHAT THE ACTUAL FUCK, CANADA? - Imgur

21:08:43 bitcoinpete: we love animals

21:08:48 bitcoinpete: they're all over our fiat

21:10:39 HyperChetty: bear balls?

21:15:46 bitcoinpete: http://storage.canoe.ca/v1/dynamic_resize/?src=http://www.canoe.ca/Canoe/Money/News/2014/02/19/toonie_650.jpg&size=650x366&quality=85

21:16:00 bitcoinpete: ^two dollar coin aka "toonie"

21:16:40 mircea_popescu: wtf url and wtf braindamaged scheme is that!

21:17:00 mircea_popescu: http://www.canoe.ca/Canoe/Money/News/2014/02/19/toonie_650.jpg will do

21:19:07 bitcoinpete: lol

21:19:48 bitcoinpete: http://www.classicdriver.com/en/article/auctions/great-proletarian-pullman-bonhams-auction-mao-ministers-mercedes << so who wants to play dictator?

21:19:48 assbot: The great proletarian Pullman - Bonhams to auction Mao minister's Mercedes | Classic Driver Magazine

21:20:04 bitcoinpete: pretty sure idi amin had one of these too

21:21:54 bitcoinpete: http://www.auctionsamerica.com/events/all-lots.cfm?SaleCode=LC14 << you can also play dictator with a couple tanks if merc sedans aren't your thing

21:21:56 assbot: Auctions America - The Littlefield Collection

21:23:15 bitcoinpete: Panzerkampfwagen IV Ausf. H (Sd.Kfz. 161/2) is ~$2.5mn

21:35:59 mircea_popescu: btw, if anyone's got 12 yos, get them "i sell the dead"

21:36:22 mircea_popescu: i have no idea why that thing's not more famous, it has just the right combo of freaky, cultured and humour to be another barbarella.

21:36:57 mircea_popescu: well maybe that's overstating a point. but anyway.

21:37:26 assbot: [HAVELOCK] [PETA] 76 @ 0.03992963 = 3.0347 BTC [+] {2}

21:46:33 HyperChetty: http://time.com/2974185/millennials-poll-politics/

21:46:34 assbot: Millennials’ Political Views Baffle Baby Boomers - TIME

21:51:03 mircea_popescu: what happened to those old days when in order to have a view one first had to persuade ?

21:51:11 mircea_popescu: millenials have no views.

21:51:40 asciilifeform: mircea_popescu: those old days when in order to have a view one first had to persuade >> http://jjlindal.net/jafl/nn_koan.php << obligatory

21:51:41 assbot: A Neural Network Koan

21:52:16 mircea_popescu: myeah.

21:52:22 asciilifeform: bricks have views. we just don't know how to ask them what they are.

21:52:32 mircea_popescu: a brick has no view.

21:53:04 asciilifeform: one would suppose. but the author of the linked article might disagree

21:53:14 mircea_popescu: to have a view eyes are not enough to see, nor mouth enough to speak, nor even some ganglion to somehow connect these two. in order to have a view one must have the ability to evoke that view in another, preferably another who does not care.

21:53:19 mircea_popescu: absent that, there's no view.

21:53:42 assbot: [HAVELOCK] [PETA] 18 @ 0.03842703 = 0.6917 BTC [-] {6}

21:59:25 bitcoinpete: http://www.buzzfeed.com/jessicamisener/the-20-most-sizzling-rich-white-guy-fashion-moments-from-sun << doze sv boyz

21:59:25 assbot: The 20 Most Sizzling Rich White Guy Fashion Moments From Sun Valley

22:01:36 mircea_popescu: "a sophisticated yet fun and funky tee." ?!

22:02:12 mircea_popescu: jesus who put stale pasta in Jessica Misener's cerebral cavity and why am i reading this sht.

22:02:48 bitcoinpete: it's like a relaxed yet cutting edge toothpaste

22:03:28 bitcoinpete: shoulda had a disclaimer on that link

22:06:36 bitcoinpete: https://twitter.com/sprouteeweb/status/487694914474749952 << lel

22:06:56 bitcoinpete: "Humbling to see women in #fintech like @37coins & @BitPesa delivering on the promise of #bitcoin to empower the unbanked. #CoinSummit"

22:14:15 mircea_popescu: lol waitwut ?

22:14:19 mircea_popescu: what'd the chicks deliver ?

22:17:53 mircea_popescu: "For most older Americans, calling yourself a liberal means you want to increase the size, scope, and spending of the government"

22:18:07 mircea_popescu: ahahha that article's so lulzy, because this retarded shit is true.

22:19:19 bitcoinpete: mircea_popescu: 37coins does bitcoin over sms, bitpesa does bitcoin remittance to kenya

22:19:29 mircea_popescu: ok but as to delivery.

22:19:52 bitcoinpete: probably along the lines of "dozens served"

22:19:54 mircea_popescu: poor people are still poor. what's the deliverable exactly ?

22:20:06 bitcoinpete: not like they'd ever publish numbers

22:20:46 bitcoinpete: their deliverable is profit

22:20:56 mircea_popescu: well did either make a profit ?

22:21:01 bitcoinpete: but not too much that they kicked out of the "social enterprise" club

22:22:25 bitcoinpete: https://twitter.com/bitcoinpete/status/487723577144512512

22:22:44 bitcoinpete: where teh assbot at?

22:23:41 punkman: mircea_popescu: assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica << punkman to be fair, that's not really either important or making a lot of sense. << indeed, who cares how much money they waste. the product was very lulzy though

22:24:21 punkman: good discussion after that

22:26:06 bitcoinpete: ;;nethash

22:26:08 gribble: 130275249.623

22:29:36 mircea_popescu: !up justincase-

22:29:45 bitcoinpete: i'm off, enjoy your friday nights!

22:35:20 penguirker: New blog post: http://fraudsters.com/2014/jacobs-ladder/

22:41:22 punkman: spent the afternoon making a big sand castle, found a thai restaurant that wasn't horrible, very rewarding

22:53:55 punkman: oh they really stopped moderating, it wasn't just my imagination: http://arstechnica.com/tech-policy/2014/06/kickstarter-projects-no-longer-need-human-vetting-prior-to-launch/

22:53:55 assbot: Kickstarter projects no longer need human vetting prior to launch | Ars Technica

22:55:01 punkman: "Algorithm to replace human review of proposals." <- I just can't see that happening

22:55:48 punkman: apparently their algorithm always comes back with "hell yeah, let's fund this shit"

22:55:59 mircea_popescu: they actually did it to avoid legal responsibility.

22:56:29 mircea_popescu: there's really no third way : either you moderate and are actually good at it, which so far is strictly mpex,

22:56:38 mircea_popescu: or else you don't, in which case you can't even try.

22:58:01 punkman: they used to do an okay job keeping crap out, guess to many derps submitting these days

22:58:43 mircea_popescu: that's he problem. an ok job is actually worse for them.

22:59:40 punkman: it worked long enough for them to get big

23:01:00 mircea_popescu: true.

23:01:30 mircea_popescu: that 5 to 20 year latency of teh legal system

23:04:04 punkman: I wonder if this was always in their ToS: "Project Creators are required to fulfill all rewards of their successful fundraising campaigns or refund any Backer whose reward they do not or cannot fulfill."

23:25:12 assbot: [HAVELOCK] [B.MINE] 97 @ 0.01539999 = 1.4938 BTC [+] {2}

23:53:12 Duffer1: https://bitcointalk.org/index.php?topic=686275.0

23:53:12 assbot: I was hacked (1170btc stolen) - 500btc max BOUNTY

23:53:35 Duffer1: online wallet check, reused password check

23:53:48 Duffer1: :/

23:54:06 []bot: Bet placed: 1 BTC for Yes on "Amazon stock to close at over $350 in 2014" http://bitbet.us/bet/965/ Odds: 89(Y):11(N) by coin, 88(Y):12(N) by weight. Total bet: 1.26310276 BTC. Current weight: 89,101.