Transcript for 16-05-2013, 1723 lines:
00:04:16 tbux: hi. Having a big problem with the site, I won a bet and elected the winnings to be paid back to the originating address, however it never happened. Can someone who works fo rthe site PM me please.
00:06:37 kakobrekla: sure tbux
00:06:41 tbux: thanks
00:17:44 inhies: [BTCTC] [ASICMINER-PT] 2 @ 1.4 = 2.8 BTC [-]
00:17:46 inhies: wtf
00:18:06 inhies: ah
00:18:07 inhies: option
00:19:04 kakobrekla: hm
00:19:09 kakobrekla: that should be more clear
00:19:36 kakobrekla: iirc the assbot knows its an option, is just not tellin.
00:20:25 inhies: what an ass..bot..
00:21:16 ThickAsThieves: assbot doesnt evenreport mpex option excercises
00:21:23 ThickAsThieves: would be cool
00:23:52 deadweasel: ^
01:45:17 benkay: oh man that girl
01:45:39 benkay: "the obvious approach would be to increase the available drama and distributed lulz"
01:47:11 ThickAsThieves: you know what bugs the shit out of me
01:47:31 benkay: do tell
01:47:32 ThickAsThieves: when i place an ask on BTCTC at the same price as someone else
01:47:37 ThickAsThieves: and they lower theirs
01:47:45 ThickAsThieves: idiots
01:48:13 benkay: well you are trading mining shares
01:49:16 benkay: you made that bed bud. time to sleep in it. with the morons.
01:49:22 ThickAsThieves: hehe
01:50:48 ThickAsThieves: that guy just paid a .01 idiot tax
01:54:23 benkay: who knows man who knows
01:54:34 benkay: the flipside of that is that you asked too much
01:55:11 ThickAsThieves: nah it's been happening all day
01:55:24 ThickAsThieves: like i'm in a bitcoin twilight zone
01:55:55 benkay: market seems to think your asks are high
01:56:11 ThickAsThieves: you are misunderstanding
01:56:12 benkay: and it can remain irrational for longer than you can remain solvent, to quote an old fart
01:56:21 ThickAsThieves: when you place an ask at the same price on BTCTC
01:56:28 ThickAsThieves: it respects the older ask first
01:56:33 ThickAsThieves: when someone buys it
01:56:44 ThickAsThieves: so when I place at same price
01:56:52 ThickAsThieves: and they lower theirs in response
01:56:55 ThickAsThieves: they are an idiot
01:56:58 benkay: beautiful
01:57:19 benkay: how are you planning to take all of their money to teach them a lesson?
01:57:34 ThickAsThieves: buy low, sell high
01:57:49 benkay: boooring
01:57:53 ThickAsThieves: its not a big deal to me
01:58:00 ThickAsThieves: financially
01:58:07 ThickAsThieves: its the pet peeve aspect
01:58:17 ThickAsThieves: of watching someone punch themselves in the face
01:58:30 Chaaang-Noi: [ASICM] 156 @ 0.0182 = 2.8392 BTC [+] wow is that a high?
01:58:41 ThickAsThieves: .0199 earlier :)
01:58:45 Chaaang-Noi: damn
02:00:10 Chaaang-Noi: i think i will sell some more at 2 btc each, but i think we will hit 2.5
02:00:14 Chaaang-Noi: and maybe more at this rate
02:00:43 ThickAsThieves: my feeling from sales this week
02:00:54 ThickAsThieves: is that 2.5 can't happen without another div like this
02:01:00 Chaaang-Noi: usb sticks are going to be crazy profitable
02:01:15 Chaaang-Noi: sell for $220 cost $8
02:01:20 ThickAsThieves: i anticipate friedcat's next post
02:01:23 ThickAsThieves: thats for sure
02:01:30 benkay: totally not a scam, right?
02:01:33 benkay: totally not a scam.
02:01:39 Chaaang-Noi: asic miner?
02:01:46 Chaaang-Noi: they have 20% of the network for sure
02:01:54 Chaaang-Noi: they are selling real asic mining hard ware for sure
02:02:10 Chaaang-Noi: will they reach 1,000 th this year? not sure
02:02:11 benkay: "real"
02:02:17 benkay: as in turns electricity into hashes
02:02:29 benkay: is it even remotely economical?
02:02:33 Chaaang-Noi: yes they do sell hardware that does that, they also mine themselves
02:02:42 Chaaang-Noi: asics are the best things out there
02:02:52 Chaaang-Noi: benkay how long have you been around btc land?
02:03:25 benkay: like maybe a week
02:03:27 jborkl: percent of the network and hw sales is all that matters
02:03:29 benkay: i have 2 bitcoins
02:03:33 jborkl: no th
02:03:37 jborkl: not
02:03:38 benkay: why won't you let me trade on mpex?
02:03:39 Chaaang-Noi: okay, how did you find this chan?
02:03:56 Chaaang-Noi: why would you want to trade on mpex?
02:04:15 benkay: to short the coins, duh
02:04:18 ThickAsThieves: benkay is trolling
02:04:26 Chaaang-Noi: i see
02:04:26 benkay: hey man
02:05:05 benkay: the question that i'm asking is whether the investment in the chips pays off. ever.
02:05:14 Chaaang-Noi: most of thje time the truly ignorant cant find this chan
02:05:25 benkay: i know!
02:05:29 benkay: how the fuck did i make it in here
02:05:30 ThickAsThieves: benkay your question is odd
02:05:35 ThickAsThieves: i dont understand
02:05:43 Chaaang-Noi: benkay they have paid out like 4005 of money invested, if you mean should you buy from them at 50 btc each? dont know
02:05:52 Chaaang-Noi: the usb sticks, you might make some money in 2 years....
02:05:55 benkay: that's what i'm talking about, c-n
02:06:01 ThickAsThieves: oh
02:06:03 jborkl: is making pennies economical?
02:06:04 benkay: hardware sales themselves as scam
02:06:05 Chaaang-Noi: 400%
02:06:12 ThickAsThieves: this is whats going on with the hardware
02:06:13 jborkl: fuck no
02:06:18 ThickAsThieves: i can explain it two ways
02:06:21 Chaaang-Noi: benkey sorry but im going to ignore you, i think you are trolling
02:06:34 benkay: nono my trolls are obvious
02:06:45 ThickAsThieves: 1. AM sells hardware at whatever price the market will bear. Stop trying to rationalize it further.
02:06:48 benkay: i have yet to see a tvom approach to mining hardware roi analysis
02:07:28 benkay: duh, they'd be horrible at their core business otherwise
02:07:30 ThickAsThieves: 2. AM is pricing hardware at the exact price to where it becomes questionable as to whether a buyer should buy it, thus AM is posing less of a risk to it's own mining op
02:08:01 benkay: it's a great biz-move
02:08:13 ThickAsThieves: but admittedly,
02:08:17 ThickAsThieves: like you said
02:08:20 ThickAsThieves: moron miners
02:08:24 ThickAsThieves: paying moron prices
02:08:37 benkay: for asicminer shares :D:D:D:D
02:08:54 ThickAsThieves: thats remains to be seen
02:09:05 Namworld: TAT, short version: "Most are ignorant of difficulty increase. Most see current generation. Most buy based on current generation."
02:09:05 ThickAsThieves: while they are certainly a risk at these prices
02:09:38 ThickAsThieves: Friedcat has demonstrated
02:09:46 ThickAsThieves: and he will continue to do so
02:09:51 ThickAsThieves: as long as he cares too
02:09:57 ThickAsThieves: or the world will let him
02:10:43 benkay: it's an interesting distraction for the rest of the world, i'm sure
02:10:46 ThickAsThieves: if SDICE had a shade of AM's business sense, they'd be banking just as much
02:10:56 benkay: what should SD do differently?
02:11:01 ThickAsThieves: try
02:11:17 ThickAsThieves: simple as that
02:11:23 benkay: i was rooting for that german to take over the bitcoin gem
02:11:38 benkay: just a little a/b would go a long way in the buttcorn gambling space imho
02:11:59 ThickAsThieves: sdice left millions on the table
02:12:14 ThickAsThieves: sure he banked for himself
02:12:19 benkay: how so?
02:12:26 ThickAsThieves: seriously?
02:12:31 benkay: before my time
02:12:36 ThickAsThieves: well
02:12:38 benkay: also i r idiots, come on
02:12:55 ThickAsThieves: it was a massively popular bitcoin business
02:13:05 ThickAsThieves: and place to gamble
02:13:20 ThickAsThieves: they have a Games button on blockchain.info
02:13:33 ThickAsThieves: they have(had) tons of fans
02:13:46 ThickAsThieves: but they just let it all be
02:13:49 ThickAsThieves: no growth
02:13:56 ThickAsThieves: no marketing worth mentioning
02:13:59 ThickAsThieves: no new features
02:14:02 ThickAsThieves: no new games
02:14:06 benkay: yup
02:14:07 ThickAsThieves: no new partnerships
02:14:10 ThickAsThieves: nothing
02:14:17 benkay: just waiting for the next competitor to come along and break their knees
02:14:20 ThickAsThieves: its insulting to investors
02:14:33 ThickAsThieves: and why i sold 130,000 shares
02:14:37 benkay: it's kind of what you get for investing in accidental successes.
02:15:02 benkay: such are rarely piloted by humans capable of building companies that continue to grow
02:15:22 benkay: and i get the sense SD was built by someone who wanted to build a buttcorn generating machine
02:15:37 benkay: and didn't actually care about, you know, building, establishing and growing a real company.
02:15:58 benkay: but i r idiots as we all know
02:16:28 ThickAsThieves: well as you can see, i agree
02:16:36 ThickAsThieves: he and mp banked on the ipo
02:16:41 ThickAsThieves: banked on the 3 tranches
02:16:44 ThickAsThieves: and peaced out
02:16:50 benkay: a well executed hustle
02:17:03 Chaaang-Noi: http://powersports.honda.com/assets/flash/model/gallery/CBR250R_2013_01.jpg i bought the white one yesterday :)
02:17:31 ThickAsThieves: i like the orange better
02:17:41 ThickAsThieves: but i also like my life too much to ride one of those
02:17:47 Chaaang-Noi: they only had the white one in the store, it was that or wait
02:18:10 Chaaang-Noi: also honestly iv never seen the orange on for sale in thailand and dont think they do
02:18:21 Chaaang-Noi: wife says i cant drive the racing bike drunk :(
02:18:26 ThickAsThieves: you bette rnot
02:18:32 benkay: an hero
02:18:34 Namworld: I'd have wanted the black. I love black stuff
02:18:56 Namworld: >.>
02:19:29 Chaaang-Noi: wife wanted the red one, son wanted black, but i really did not care and they had a white one
02:19:34 Chaaang-Noi: had to wait at least a month for the others
02:20:48 benkay: 3rd world problems?
02:21:39 Chaaang-Noi: :)
02:21:59 Chaaang-Noi: thailand (unless you are a farmer) is not 3rd world
02:22:14 benkay: your stores are out of motorcycles
02:22:17 benkay: i beg to disagree
02:22:33 Chaaang-Noi: just that style
02:22:53 benkay: hey you guise
02:22:57 benkay: i got moar things
02:23:05 Chaaang-Noi: they are honestly reasonable prices, that bike was only 4,000$
02:23:15 benkay: let's talk about how much i spent on them
02:23:18 Chaaang-Noi: the ducati i wanted was $30,000
02:23:24 benkay: those are nice bikes
02:23:35 jborkl: still only half a week of your AM div
02:23:52 Bugpowda: Back from the startup mixer
02:24:01 Chaaang-Noi: im only going to be here likle 2 months so seemed silly to buy one, esp since it would take a month to get it here
02:24:14 Bugpowda: Met with a coinlab rep
02:24:20 Chaaang-Noi: how did that go?
02:24:26 Bugpowda: The main coinlab team pulled out
02:24:37 Bugpowda: but one girl showed up to rep them
02:24:39 Bugpowda: check it
02:24:48 benkay: piiiics
02:24:58 jborkl: i already had my motorcycle .2 wrecks and 3 friends in wrecks . no more
02:25:01 ThickAsThieves: cool
02:25:41 Bugpowda: She pitched me on their strategy
02:25:41 Namworld: I wish I could go back in time. Put everything in AM.
02:25:43 ThickAsThieves: Bug, you look very happy with yourself
02:25:46 ThickAsThieves: hehe
02:25:59 Bugpowda: They are super focused
02:26:03 Bugpowda: on three projects
02:26:06 Bugpowda: the HPC
02:26:07 Namworld: I'd have gotten like 40k USD for last weeks' dividend...
02:26:10 Bugpowda: The exchange
02:26:16 Chaaang-Noi: i need to get a pr girl like that...
02:26:25 Bugpowda: and I forget the 3rd one
02:26:44 Chaaang-Noi: namworld should not have sold all at .4 :(
02:26:45 ThickAsThieves: so do you think they'll actually end up doing something worth doing?
02:26:46 Bugpowda: I gave her a hard time about the 'exchange'....
02:27:05 Namworld: Yeah, well what I sold wasn't that much...
02:27:12 Bugpowda: Then she said their real target is high net worth individuals
02:27:15 Bugpowda: moving that money around
02:27:24 ThickAsThieves: cool
02:27:28 Chaaang-Noi: that is more or less on their website
02:27:32 ThickAsThieves: that helps everyone
02:27:38 ThickAsThieves: getting big money in
02:27:41 Bugpowda: So I told her that I wanted to pull out 5000 BTC into cash, how can I do that with them
02:27:59 Bugpowda: I am worried about MtGox blah blah blah
02:28:05 benkay: good man
02:28:06 Chaaang-Noi: bug dsont use them, they will make you pay takes and what not
02:28:15 Chaaang-Noi: taxes *
02:28:17 Bugpowda: Chaaang-Noi: gotta pay taxes anyway
02:28:49 Bugpowda: She said there is one person that handles all the High Net clients personallly, holds their hand thru the process.
02:28:51 Chaaang-Noi: yes and no, i have just been selling my coins at $3.20 each... ($1 silver eagle coins)
02:29:15 Chaaang-Noi: love how silver coins have a fiat face value of $1 :)
02:29:23 Bugpowda: Then I pressed on it... I AM actually interested
02:29:32 benkay: mhm
02:29:38 benkay: keep talking like this i like it
02:29:40 Bugpowda: She says they aren't going to move any money until they settle the lawsuit
02:29:49 benkay: :sad trombone:
02:29:56 Chaaang-Noi: bug, that could take ages :(
02:29:58 Bugpowda: Everything is actually on hold till they settle
02:29:59 Bugpowda: Nah
02:30:05 Bugpowda: I think the will settle it quick
02:30:09 Bugpowda: just as I suspected
02:30:17 ThickAsThieves: could be longer with this DHS shit now no?
02:30:18 Bugpowda: It's their alternative to a down round of funding
02:30:24 Chaaang-Noi: quick and gox dont really go together
02:30:27 Bugpowda: ThickAsThieves: Hmm.... maybe
02:30:39 benkay: i have a hunch that the DHS is a function of good lawyering on some SV companies' behalf
02:30:40 Bugpowda: Chaaang-Noi: It all depends on the cost
02:30:48 Bugpowda: benkay: totally
02:30:59 Chaaang-Noi: gox is too stupid to do what is best for it and its customers
02:31:07 Bugpowda: there are a TON of hush mode startups in bitcoin right now
02:31:08 benkay: people who claim the us isn't like other relationship-based countries just don't get it
02:31:13 Chaaang-Noi: im pretty sure gox will fuck this up some how
02:31:31 ThickAsThieves: I had a VC contact me today
02:31:41 Chaaang-Noi: why?
02:31:46 ThickAsThieves: a manager at Zynga
02:31:57 ThickAsThieves: wanted me to hook him up with Friedcat
02:32:06 benkay: wait are they a manager at a shit facebook company or a venture capitalist?
02:32:12 ThickAsThieves: both
02:32:16 jborkl: zynga is a mile from me
02:32:24 ThickAsThieves: i dont know if he was representing Zynga though
02:32:24 Chaaang-Noi: oh yeah, people have been contacting me as well to get to friedcat,
02:32:42 Chaaang-Noi: people have been trying to make deals off the table with me for friedcat, i just lol at them
02:32:50 ThickAsThieves: yeah
02:33:05 ThickAsThieves: he told me i would be (lemme look it up)
02:33:12 Chaaang-Noi: im like lol talk to him directly but he will jsut ignore you
02:33:39 ThickAsThieves: thats what i said
02:33:42 ThickAsThieves: and he said
02:33:45 ThickAsThieves: "thank you for getting back to me so fast. i'm looking for someone to broker an introduction and start us off on the right foot, that i could then generously thank in return."
02:33:55 ThickAsThieves: it was this guy
02:34:03 ThickAsThieves: he's probly reading us now
02:34:06 ThickAsThieves: and all mad at me
02:34:10 Chaaang-Noi: yeah these guys are willing to pay just to get friedcat to respond
02:34:30 Chaaang-Noi: one russian guy was the craziest, he thought he could buy at like 10% of going market rate
02:35:15 ThickAsThieves: it was interesting and unexpected nonetheless
02:35:39 Chaaang-Noi: who here has paypal? is it easy to set up? do i need my bank info?
02:36:26 ThickAsThieves: set mine up ages ago
02:36:28 ThickAsThieves: dunno
02:38:13 Chaaang-Noi: it seems to be an option for selling btc
02:38:36 Chaaang-Noi: ironiccly i started using btc cuz i hated paypal and banks, now i use them more than evar :(
02:39:17 ThickAsThieves: but cant tx be reversed?
02:39:33 Chaaang-Noi: http://www.apmex.com/Product/72462/2013_Silver_Eagle_500_Coin_Monster_Box_SF_Mint_Sealed.aspx anyone want to sell me one of these? 130 btc for $500!
02:41:31 Bugpowda: tx can be reversed for 1-3 months
02:42:04 Chaaang-Noi: i was going to use someone i trusted
02:42:27 Chaaang-Noi: and in small amounts, and just for some stuff to buy off of ebay
02:42:32 Bugpowda: Only $4.49 per coin over spot!
02:42:34 Bugpowda: jesus
02:42:38 Bugpowda: what a fucking ripoff
02:42:39 Namworld: Paypal's a bitch, but that bitch can go anywhere. And claw back visciously your money when you ask her.
02:42:45 Chaaang-Noi: bug, it was $8
02:43:01 Bugpowda: $14000
02:43:08 Chaaang-Noi: and also bug, you can sell them back for over spot
02:43:26 Chaaang-Noi: silver bars are cool, but its not legal tendar :(
02:43:34 Bugpowda: people are so desperate for silver coins that they will pay 20% over price?
02:43:39 Bugpowda: so stupid
02:43:54 Bugpowda: they only market is the deranged
02:43:59 Chaaang-Noi: bug they sell rounds for $1 over spot
02:44:02 Bugpowda: metals are collapsing
02:44:04 Chaaang-Noi: ill link you hold on
02:44:09 Bugpowda: I don't need a link
02:44:11 Bugpowda: I'm not buying
02:44:14 Chaaang-Noi: okay
02:44:29 Chaaang-Noi: yeah metals are going down, but i want to buy as they go down, i think long term silver is solid
02:44:56 Chaaang-Noi: im getting into silver cuz 100% in crypto is not really smart since i have to support a family
02:45:05 kakobrekla: and whores
02:45:17 Chaaang-Noi: only their coke habbits
02:46:02 Chaaang-Noi: im getting to damn old, have a bit of a hang over from last night and i did not drink that much :/
02:46:12 Chaaang-Noi: to be 18 again...
02:46:22 mircea_popescu: silver is abundant. people have been trying to sell it as worthwhile and "an investment" or "money" since the great debates in the us in the 1800s
02:46:30 mircea_popescu: but on the face of it silver is a sort of tin.
02:46:48 Chaaang-Noi: people ahve been trying to sell silver as money since 60000 years ago....
02:46:59 Chaaang-Noi: fuck 6000
02:47:30 Chaaang-Noi: silver and gold is the oldest form of money we still use
02:48:01 Chaaang-Noi: i hold silver in the usa and gold here in thailand as a shtf backup and not a large percent of my assets just 5 to 10%
02:48:24 asciilifeform: a long shot, but does anyone here know what floating point representation btc-e uses?
02:48:26 Chaaang-Noi: i think every person should ahve some physical silver and gold just incase
02:48:58 ThickAsThieves: in case we need to melt it down for a spear and arrows?
02:49:03 Chaaang-Noi: dont know, sorry $litecoin might have a better shot of knowing
02:49:05 ThickAsThieves: pew pew
02:49:07 Chaaang-Noi: #litecoin
02:49:40 Chaaang-Noi: if you are trapped in a nationstate that prints their money to worthlessness you will need silver and gold
02:50:02 Chaaang-Noi: it happens...
02:50:29 Chaaang-Noi: its something you hope you never have to use, but if you do need it, you will be glad as fuck you have it
02:51:48 Chaaang-Noi: you guys going to celibrate pizza day? may 22nd?
02:51:53 mircea_popescu: silver never was money.
02:52:05 mircea_popescu: gold is money. silver is this thing that poor people keep tryiong to pass as money
02:52:05 Chaaang-Noi: i have a roman coin that sure looks like money
02:52:16 mircea_popescu: ya well, romans ran scams too.
02:52:35 Chaaang-Noi: gold is money silver is a scam is like saying btc is money and ltc is a scam :)
02:53:09 mircea_popescu: look. there's more than 100x as much silver available as gold. for every 6 dollars or so that silver goes up in price the production capacity doubles
02:53:18 mircea_popescu: it's just not scarce. what else is there ?
02:53:44 mircea_popescu: it goes from 5 to 50 and back and again with the folly of the crowds, over the decades and centuries.
02:53:45 Chaaang-Noi: not above ground, its about equal, and under ground its about 1/16 ratio
02:53:51 Chaaang-Noi: where did you get this 100x?
02:54:22 Chaaang-Noi: i bought most my silver at $7 and yeah i think its high
02:54:35 Chaaang-Noi: i sold much of it at $35 years ago and bought btc
02:54:45 Chaaang-Noi: just buying some back in, more than i ever had really
02:54:59 ThickAsThieves: buying metals never made sense to me
02:55:01 Chaaang-Noi: silver is not perfect but its smart to have 5 to 10 % of wealth in gold silver
02:55:06 mircea_popescu: listen. in 2011 alone, mexico alone produced ~4500 tonnes of the stuff.
02:55:13 mircea_popescu: the world like 20k tonnes. in one year.
02:55:18 ThickAsThieves: other than when we hit recession and a bajillion We Buy Gold stores popped up
02:55:20 mircea_popescu: this is like... all the gold that exists.
02:55:31 ThickAsThieves: and i wished i had ridden that wave
02:55:38 asciilifeform: Chaaang-Noi: the real question of our time is: how much lead one should hold.
02:55:41 Chaaang-Noi: we use silver in industry, we just store gold...
02:55:47 mircea_popescu: industry my foot.
02:55:54 mircea_popescu: what, jewelry for poor but ambitious indian girls ?
02:56:00 Chaaang-Noi: holding lead would work as well, however you get into storage issues
02:56:01 mircea_popescu: that's not industry.
02:56:01 ThickAsThieves: werewolves man
02:56:08 ThickAsThieves: dont you watch True Blood?
02:56:17 Chaaang-Noi: lol
02:56:24 mircea_popescu: ThickAsThieves what amuses me the most is this "silver is valuable cause it can work as currency" nonsense.
02:56:36 mircea_popescu: tell you wahjt, if i'm the boss of a tribe and i need a curtrency ima make teeth the currenyc.
02:56:48 Chaaang-Noi: you guys, i think you are pretty ignorant about this and are not trolling, but if you are trolling you are doing a fine job :)
02:56:50 mircea_popescu: you don't get proper ones till about 12 or so, and the owner always objects to having teeth pulled.
02:56:56 mircea_popescu: so there you go, teeth are the coin. problem solved.
02:57:01 mircea_popescu: has this increased the value of teeth any ?
02:57:16 ThickAsThieves: on that sense i dont think gold is a currency either
02:57:31 mircea_popescu: well, much like adult teeth, gold is finite.
02:57:47 Chaaang-Noi: things are worth what people pay for them...
02:57:47 mircea_popescu: silver is pretty much like seasalt, can make as much of the stuff as you can possibly ever want.
02:57:57 mircea_popescu: Chaaang-Noi no, not at all.
02:58:08 asciilifeform: by this logic, teeth are nothing compared to fresh, still-beating hearts.
02:58:09 Chaaang-Noi: gold bugs cant un derstand crypto, but honestly i thought crypto people would understand gold...
02:58:17 ThickAsThieves: but there are limited siamese twins too
02:58:21 ThickAsThieves: no one cares much
02:58:22 asciilifeform: meatcoin.
02:58:24 mircea_popescu: for that matter, 19th century england was trying to create demand for silver by making 50lb silverware sets a sort of middle class standard
02:58:30 mircea_popescu: that went nowehre, so...
02:58:44 mircea_popescu: asciilifeform hearts don't keep fresh.
02:58:48 mircea_popescu: teeth do.
02:59:06 asciilifeform: why not thighbones, then
02:59:10 mircea_popescu: would work yes
02:59:13 ThickAsThieves: lol
02:59:17 mircea_popescu: you don't have to kill someone to take his teeth tho
02:59:18 asciilifeform: skulls, etc
02:59:21 ThickAsThieves: our quest for a better currency
02:59:23 Chaaang-Noi: i find your guys reaction to gold and silver as a store of value very funny :)
02:59:25 ThickAsThieves: it never ends
02:59:27 mircea_popescu: and they're smaller, easier to carry and 32 of them
02:59:36 mircea_popescu: i tell you. teeth.
02:59:47 Chaaang-Noi: cbtc, oh yeah thats money, gold? lol!
02:59:50 ThickAsThieves: how about moon rocks?
03:00:09 mircea_popescu: the theory is that "civilisation collapsed" and so now silver rounds are finally good for something
03:00:18 mircea_popescu: (presumably other than being stolen from you)
03:00:39 ThickAsThieves: the theory of apocalyptic collapse is absurd imo
03:00:41 asciilifeform: hearts should please the demurrage weirdos
03:00:49 asciilifeform: use it or lose it
03:00:51 ThickAsThieves: if shit hits the fan
03:00:55 ThickAsThieves: no one wants your fucking gold
03:01:11 mircea_popescu: ThickAsThieves for some reason that concept is hard to grasp.
03:01:21 mircea_popescu: that reason may be historical recourse.
03:01:39 ThickAsThieves: they want food, weapons and women
03:02:04 ThickAsThieves: havent you seen Waterworld? geeez...
03:02:12 ThickAsThieves: :)
03:02:44 ThickAsThieves: how about this
03:02:49 ThickAsThieves: if you wanna cover your ass
03:02:54 ThickAsThieves: buy a golden gun
03:03:00 mircea_popescu: lol
03:03:00 ThickAsThieves: then your covered either way
03:03:11 ThickAsThieves: with silver bullets
03:03:12 benkay: 'cept the dang thing's useless
03:03:22 ThickAsThieves: just in case werewolves are the cause
03:03:25 mircea_popescu: ThickAsThieves http://www.google.com/search?q=golden+desert+eagle
03:03:36 ThickAsThieves: perfect!
03:03:36 benkay: plating
03:03:37 benkay: boring
03:03:47 mircea_popescu: never underestimate the power of bling
03:03:54 mircea_popescu: gold plated steel firing silver bullets.
03:04:07 ThickAsThieves: instant payment system
03:04:11 mircea_popescu: i suppose i gotta go snort powdered bohemia crystal nao
03:04:32 benkay: ?
03:05:07 benkay: what brand of recreationals would *that* be?
03:06:24 mircea_popescu: benkay superluxurious stuff : overpriced and no effect whatsoever.
03:06:29 mircea_popescu: it's what the wiggaz use.
03:07:38 benkay: some day i'll have use for bling
03:07:48 benkay: i try to get by on delivering value right now
03:08:04 ThickAsThieves: you deliver papa johns?
03:08:16 benkay: that's not value
03:08:20 benkay: that's diabetes
03:08:39 asciilifeform: ok as far as I can tell both mtgox and btce are salami slicing in the 5th decimal point and down.
03:08:47 asciilifeform: is this news? and does anyone give a shit?
03:09:02 benkay: salami slicing?
03:09:10 ThickAsThieves: that means they keep it?
03:09:12 asciilifeform: yes
03:09:20 ThickAsThieves: nice
03:09:29 asciilifeform: randomly, too
03:09:32 benkay: nice
03:09:44 benkay: yo dude i herd u can't in2 floating point
03:09:50 benkay: let me tell u bout these newfangled integers
03:10:01 mircea_popescu: for fucks sake
03:10:04 mircea_popescu: they're on floats aren't they ?
03:10:19 benkay: it's big boy math mp
03:10:24 benkay: Computer Science
03:10:26 asciilifeform: nominally, yes
03:11:01 kakobrekla: asciilifeform bitstamp does that from 2nd decimal point
03:11:27 asciilifeform: kakobrekla: non-deterministically?
03:11:35 asciilifeform: I wasn't talking about straight-out truncation or rounding
03:12:29 kakobrekla: dunno what you have in mind but min fee there is 0.01 usd even if btc value for which the fee is for is less than that
03:12:51 benkay: where would the fun in deterministic satoshi handling be?
03:13:08 benkay: heaven forfend any of us actually try to balance our books ever
03:13:09 asciilifeform: kakobrekla: I do know this. what I was talking about is the stated multiplications being very slightly off, in their favor.
03:13:20 kakobrekla: ah
03:14:16 kakobrekla: the infrasturcutre is laughable
03:14:29 kakobrekla: this is old story now
03:14:47 benkay: will we need to wait for a whole new generation?
03:14:53 benkay: or has first-to-market advantage ruined this space?
03:14:54 asciilifeform: if this is a bug, it is a very clever bug.
03:14:57 Chaaaang-Noi: * Chaaang-Noi has quit (Ping timeout: 245 seconds) (odd)
03:15:04 benkay: er
03:15:07 benkay: same question.
03:15:47 kakobrekla: asciilifeform "never assume malice when incompetence will do" is what they say about bitbet... i think it applies here better
03:16:45 asciilifeform: kakobrekla: I've been trying to reproduce the exact incompetence, for my simulated trader, with no success so far. tried every FP representation I could think of.
03:17:12 kakobrekla: lol
03:17:15 kakobrekla: you fail at failing
03:17:28 Chaaaang-Noi: :)
03:18:55 mircea_popescu: there you go all, you're famous again
03:19:19 kakobrekla: hey my whores comment is missing
03:19:20 kakobrekla: wtf
03:19:45 mircea_popescu: i got you on ignore that's why :D
03:20:32 mircea_popescu: unrelated : "Please read the attached business proposal and get back to me at your earliest convenience with your thoughts and reaction. Email me on: email@example.com"
03:20:45 mircea_popescu: originally i thought it must be some bitcoin dood.
03:22:20 benkay: but instead...
03:23:01 kakobrekla: its regular money dood.
03:23:29 mircea_popescu: he probably wants silver.
03:24:04 benkay: ah he wants to be put in touch with the supernodes then
03:24:11 mircea_popescu: totally.
03:24:20 Chaaaang-Noi: Silver: 0.000007%, or 7 parts per million (%)
03:24:20 Chaaaang-Noi: Gold: < 0.000005%, or <5 parts per million (%)
03:24:31 mircea_popescu: anyway, tomorrow i'm inspecting a new girl so i need my sleep. take it easy all.
03:24:48 Chaaaang-Noi: seems they are mining silver and gold at an 8 to one ratio as well
03:24:58 Chaaaang-Noi: im sure you pulled that 100x number out of your ass
03:25:14 benkay: you care too much, c-n
03:25:18 Chaaaang-Noi: lol, have a good night
03:26:23 mircea_popescu: Chaaaang-Noi :
03:26:34 mircea_popescu: CPM Group (2011). The CPM Silver Yearbook 2011 : total silver production in world history, 750mn ounces.
03:26:54 mircea_popescu: total gold production, 171,300 tonnes (gmfs)
03:27:46 mircea_popescu: (about 8 times as much)
03:28:04 Chaaaang-Noi: 8 is not really close to 100 :/
03:28:14 mircea_popescu: Chaaaang-Noi except the silver production is for 2010
03:28:19 mircea_popescu: and the gold production is since 5000 bc.
03:28:42 Chaaaang-Noi: yeah they were mining tons and tons of shit 5000 years ago!
03:28:54 mircea_popescu: yes, actually.
03:29:02 Chaaaang-Noi: the current mining rate is about 8 to 1
03:29:06 mircea_popescu: anyway, take care all!
03:29:17 Chaaaang-Noi: you are very wrong on this issue, but good night
03:50:50 ThickAsThieves: after all this hoopla:
03:50:53 ThickAsThieves: ;;ticker
03:51:00 ThickAsThieves: we are where we atarted
03:51:03 ThickAsThieves: started*
04:01:47 ripplebandit_com: any theories on why volume on mpex options is so low?
04:10:03 Chaaaang-Noi: stability?
04:10:30 Chaaaang-Noi: who needs options if they expect the price to be level
04:10:59 Chaaaang-Noi: dice is still over ipo, wow
04:12:22 kakobrekla: ripplebandit_com volatility makes them expencive or smth
04:13:02 ripplebandit_com: you had me 'till smth
04:26:09 Ukto: anyone seen burnside?
04:26:21 Ukto: "Please try again in a few minutes" while trying to use btct :/
04:33:04 ThickAsThieves: it works for me
04:34:19 Namworld: It works for me too, but damn is it slow...
04:35:34 Ukto: it seems if i try to changes pages too fast
04:35:43 Ukto: i get locked out for a few minutes
04:35:49 ThickAsThieves: been like that all day
04:36:00 ThickAsThieves: I blame me
04:36:06 Ukto: i blame you too
04:36:12 ThickAsThieves: to many TAT.ASIC txs
04:36:18 ThickAsThieves: too*
04:36:26 Ukto: wish burnsy was around. if he needs help with something i wouldnt mind
04:36:33 ThickAsThieves: lol
04:36:49 ThickAsThieves: maybe he can give you his schema
04:36:49 Ukto: someone tried to hit bf last week or so. was talking to mp about it
04:36:51 ThickAsThieves: ;)
04:36:59 Ukto: however their chi wasnt good enough hehe
04:37:06 ThickAsThieves: burnsy says it's ddos
04:37:08 Ukto: lol
04:37:11 ThickAsThieves: but it doesnt feel like it
04:37:18 Ukto: eh?
04:37:25 Ukto: the page load limitation kinda does
04:37:44 Ukto: or he has a vps that cant handle the load
04:37:57 ThickAsThieves: it only seems to stall when accessing things that involve btc balance
04:38:09 ThickAsThieves: like making an order
04:38:13 Ukto: did he update with teh new bitcoin fix?
04:38:14 ThickAsThieves: mostly
04:38:20 ThickAsThieves: dunno
04:38:42 Ukto: now sure how well he tied the site into bitcoind. hopefully not relying on it to track account balances x.x
04:38:56 Ukto: anywho, afk lunch
04:39:04 benkay: ur hur hur
04:39:25 benkay: isolate that pos from any business logic holy fuck
04:39:30 ThickAsThieves: are you gonna eat Burnsy's lunch?
04:40:30 Ukto: benkay: agreed
04:40:44 Ukto: ThickAsThieves: lol
04:40:48 Ukto: nah, prolly gonna get some ramen.
04:40:55 Ukto: anwywho, afk
04:49:58 Namworld: Would like to borrow ~100 BTC. Anyone could fill that?
05:12:26 ThickAsThieves: sdice selloff
05:14:25 ThickAsThieves: LOLOLOLOLOLOL
05:15:12 Namworld: dang...
05:15:37 Namworld: SD shouldn't be in Ireland
05:15:43 ThickAsThieves: wait
05:15:48 ThickAsThieves: how do you block USA
05:15:50 ThickAsThieves: from playing
05:15:51 ThickAsThieves: ?
05:16:16 Namworld: SD should be in another jurisdiction
05:18:21 ThickAsThieves: SDICE already wasnt making money for months
05:18:21 ThickAsThieves: any amount of stifling US traffic will hurt a lot
05:18:36 Namworld: Well the bids volume was so low. And SDICE profits so down...
05:18:41 Namworld: Now that's gonna hurt
05:19:40 ThickAsThieves: and so much for having on-site accounts
05:20:23 dub: ahaha
05:20:28 dub: where is tiberiusv
05:20:36 dub: he'll be over the moon
05:21:27 ThickAsThieves: banned right?
05:21:28 ThickAsThieves: hehe
05:21:44 dub: also lulzy that erik is now afraid to post under his account
05:23:45 ThickAsThieves: this is the 2nd time i sold off an asset just before it died
05:23:53 ThickAsThieves: 7 lives left
05:23:58 ThickAsThieves: (i hope)
05:24:16 Namworld: Lucky you
05:24:44 Namworld: [00:11] <@assbot> [BTCTC] [S.DICE-PT] 5501 @ 0.00358 = 19.6936 BTC [+]
05:24:56 Namworld: That was the last I had for my PT to sell
05:25:01 Namworld: Sold like an hour ago
05:25:26 ThickAsThieves: This could be a good way to crash the price
05:25:34 ThickAsThieves: so SDICE can buy back shares
05:25:38 ThickAsThieves: to sell out to a casino
05:25:40 ThickAsThieves: or such
05:26:03 Namworld: If they do
05:26:18 Namworld: Erik will just distribute to all holders the proceed, based on share ownership
05:26:27 ThickAsThieves: thats what i mean
05:26:28 Namworld: He doesn't need to rebuy
05:26:37 ThickAsThieves: if sdice does shitty
05:26:37 dub: I don't have my keys handy so stuck with the few deuce I held on to
05:26:42 Namworld: Well I guess if he had a REALLY good offer...
05:26:43 ThickAsThieves: people will sell it off
05:26:59 ThickAsThieves: and then if sdice also get s 'bad news'
05:27:10 ThickAsThieves: people might sell it right back into erik's hands
05:27:42 dub: I think past ehaviour shows he'll do whatever is best for his wallet
05:29:26 Namworld: BTCTC is so slow and buggy...
05:29:37 Namworld: where the heck is burnside
05:30:17 Namworld: He hasn't been around since forever
05:30:59 ThickAsThieves: he never hangs in here much
05:31:04 ThickAsThieves: pm him on forums
05:31:08 Namworld: Everything is crumbling lately.
05:31:13 Namworld: Yeah, I know
05:31:26 Namworld: But usually I at least see him 2 or 3 times a week hanging in here
05:35:34 Namworld: With the latest dividend, would take 27 months to get the share's price in dividend, if price was 0.001
05:35:44 ThickAsThieves: hehe
05:35:58 Namworld: Even more at over 0.002
05:36:03 Namworld: Now this hits...
05:36:39 dub: in other news AM at 1..21 jiggasatoshis
05:37:13 Namworld: lol... there's only love for AM lately
05:38:24 ThickAsThieves: but look at all the sdice liquidity
05:38:40 Namworld: Liquidity? What liquidity?
05:38:44 ThickAsThieves: hehe
05:38:55 Namworld: No bids since ever, and people won't sell at a loss.
05:39:04 Namworld: Was stagnant...
05:39:18 Namworld: Not that much of an issue if SD can keep the dividends incoming for everyone
06:48:41 jurov: so after all the blockchain size holy wars 0 outputs are still legal? http://blockchain.info/tx/e7edc6284e79ad97112aa2f3c601a188ede0558600e210bbdb5c385404cdc36c
06:49:16 inhies: legal, yes
06:49:18 inhies: just discouraged
06:52:51 Namworld: What's that shit... spamdust
06:54:50 jurov: prolly some faucet or *dice/*clubs
07:03:08 Namworld: bah...
07:16:15 sturles: I've upgraded my clients to latest git. Not forwarding or mining silly dust spam any more.
07:27:42 bjc: satoshi dice down
07:42:05 Chaaaang-Noi: anyone happen to know where a list of all asicminer dividends can be found?
07:44:51 Chaaaang-Noi: oh not updated :/
08:02:04 davout: hi all
08:03:26 Chaaaang-Noi: hi
08:04:37 Chaaaang-Noi: silver be free fallin
08:07:00 davout: Chaaaang-Noi: so, what's the bike you got?
08:07:28 Chaaaang-Noi: its just a honda 250r, ill link you to a photo
08:07:55 Chaaaang-Noi: the white one
08:08:28 Chaaaang-Noi: an entry level racing bike
08:08:30 davout: 250cc
08:08:34 Chaaaang-Noi: yeah
08:08:41 davout: get the 600cc version
08:08:44 davout: it's hot
08:08:48 Chaaaang-Noi: see how i like it, i have a "chopper" and its very different
08:08:55 davout: no shit :)
08:08:59 Chaaaang-Noi: i want the ducati
08:09:15 davout: ducatis are extremely hot
08:09:19 Chaaaang-Noi: its $30,000 usd here, the one i want, so im going to see if i like this 250 cc one first
08:09:45 Chaaaang-Noi: thing is, i cant really use it for what it was made for here, people drive way to crazy
08:10:39 davout: go on a race track?
08:11:04 Chaaaang-Noi: the air port is about the closet thing around here
08:11:24 davout: lol
08:11:33 Chaaaang-Noi: i might get them to let me use that in between flights, not sure
08:12:01 davout: genius!
08:12:05 davout: x)
08:12:10 Chaaaang-Noi: im not sucicidal enough to take it in the mouintians, i see some people do that shit
08:12:20 Chaaaang-Noi: i used to work at the airport
08:12:21 davout: yeah, don't do that
08:12:39 Chaaaang-Noi: we have a flight about once an hour
08:13:36 Chaaaang-Noi: and two run ways
08:14:15 Chaaaang-Noi: but anyway its pretty fun, the chopper is slow to respond, the new one is not at all :)
08:14:21 Chaaaang-Noi: just going to have to avoid killing my self
08:15:09 Chaaaang-Noi: my wife got the pink one
08:15:22 Chaaaang-Noi: she wont be able to keep up
08:19:26 davout: haha no she won't
08:20:35 Chaaaang-Noi: i mostly want the bike to just show off anyway, nice to drive them up to the bars. sadly racing bike plus beer = fail
08:34:40 davout: Chaaaang-Noi: racing bike + beer = massive fail, especially when you don't feel drunk
08:35:13 Chaaaang-Noi: yeah :/
08:35:24 Chaaaang-Noi: anyone want to buy 100 to 200 shares of AM otc?
08:35:38 Chaaaang-Noi: need more hookers and coke money
09:10:38 Chaaaang-Noi: s.dice at .0021 lol
09:10:47 Namworld: yeah
09:11:01 Chaaaang-Noi: if it goes down 50% more i might buy some
09:11:02 Namworld: Well I guess with the current profit so far for the month slightly in the red
09:11:17 Namworld: and ban on US customers
09:11:28 Namworld: It ough to drop like that
09:11:39 Chaaaang-Noi: i could see s.dice beinga huge target
09:11:49 Chaaaang-Noi: less so gox
09:15:30 BitHub: what price for the am shares chaaaang?
09:28:45 Chaaaang-Noi: bithub looking for 1.7 or over :)
09:29:09 Chaaaang-Noi: looking for market pt price
09:29:27 Chaaaang-Noi: i can always just move them over to the exchanges, but if anyone wants direct shares...
09:30:15 BitHub: ahh fair enough
09:30:50 BitHub: i think direct shares are worth a bit more?
09:33:03 Chaaaang-Noi: no idea
09:33:07 Chaaaang-Noi: are you intersted
09:33:18 Chaaaang-Noi: ?
09:41:57 BitHub: hehe not at that price sorry, waiting for it to dip back :)
09:43:28 Chaaaang-Noi: :)
09:43:42 Chaaaang-Noi: i might just wait until we hit 2btc
09:46:12 BitHub: yeah, i'll probably going to sellsome off at 2btc as well, hard to tell if this is a bubble or all good
09:46:17 BitHub: should get to 2btc no prob tho
09:49:07 Chaaaang-Noi: s.dice at .1749 hahaha
09:49:34 BitHub: nice, what's a good buying in price for that chaaang?
09:49:45 Chaaaang-Noi: that is like 50% of ipo
09:50:04 BitHub: nice, further room to slip?
09:50:05 Chaaaang-Noi: ill buy a bit at .1 just to show MP
09:50:24 Chaaaang-Noi: s.dice well... yeah.. it very well could more or less die
09:50:37 BitHub: yeah with that us news
09:50:50 BitHub: got it back on my watch list now.
09:51:04 Chaaaang-Noi: i dont think many people are willing to gamble millions of dollars each moth on s.dice
09:51:07 Chaaaang-Noi: i think it was a faed
09:51:08 Chaaaang-Noi: fad
09:52:27 Chaaaang-Noi: well im off to take my son to see the star trek film, catch ya lata
09:52:36 BitHub: ahh cool, take it easy
09:52:45 Scrat: Chaaaang-Noi: you'd be surprised at the amount of people who don't understand statistics
09:52:46 BitHub: yeah i thought s.dice would end up like a myspace
09:53:09 ezdiy: Scrat: i think plenty do
09:53:23 Scrat: being bitcoin rich doesn't make you good at math
09:53:37 ezdiy: just not strong will enough and give in to their perception bias instincts
09:54:41 Scrat: ezdiy: I'm pretty sure that not understanding math makes your (flawed) perception takes over
09:55:01 Scrat: take*
09:56:00 ezdiy: nah
09:56:04 ezdiy: its kinda like
09:56:16 ezdiy: "dont do heroin, you'll die soon"
09:56:17 ezdiy: well, duh
09:56:22 ezdiy: but you're hooked....
09:57:30 ezdiy: Scrat: people are driven by instincts more than they are willing to admit
09:57:44 ezdiy: ie you can be perfectly well aware of gambling fallacies, and still be hooked to gambling :)
09:58:07 Scrat: I think that gambler's fallacy is the result of common intuition, and just like newtonian physics it's not an accurate representation of reality
09:58:16 Scrat: you're damn right it's instinct
11:14:19 furuknap: <Chaaaang-Noi> well im off to take my son to see the star trek film, catch ya lata <- I read that as "take my gun".
11:16:16 dub: !ticker mp s.dice
11:42:14 furuknap: !ticker mp s.dice
11:50:03 ThickAsThieves: something like, Russian PayPal now trades in BTC
12:17:06 deadweasel: nice semi-technical breakdown
12:22:06 ThickAsThieves: nice
12:22:43 ThickAsThieves: that explains a lot
12:27:05 deadweasel: i need diagrams
12:28:00 deadweasel: So I'm thinking of starting an escrow service, since I won't pay for BTC at these prices, I have to find another way of acquiring it.
12:55:42 pigeons: why was love lost for s.dice?
12:56:50 ThickAsThieves: they announced they will be blocking USA from the website
12:56:55 ThickAsThieves: as a legal precaution
12:57:28 ThickAsThieves: that and what-you-done-for-me-lately
12:57:33 ThickAsThieves: have*
13:01:00 pigeons: i wonder what percentage of bets were from US. I bet it was high. And I bet most will move to a competitor instead of a vpn
13:01:42 Scrat: WINK WINK NUDGE NUDGE
13:03:28 Scrat: I'm ok with that!
13:07:26 jurov: pigeons: there was not a word about actually rejecting bets from US, not it is technically feasible
13:07:46 pigeons: oh the website wont display only
13:07:51 pigeons: ok
13:08:29 pigeons: maybe that is a good idea, i don't know
13:09:38 ThickAsThieves: it will hurt regardless
13:09:52 ThickAsThieves: sdice has been flailing for months
13:10:00 pigeons: last month was pretty good
13:11:25 jurov: whether good or bad idea, its pretty poor outcome from all that lengthy consultation or whatever erik talked about
13:12:36 ThickAsThieves: erik has been grossly negligent and has cost his shareholders dearly
13:14:56 davout: time to finally buy some s.dice :D
13:15:05 ThickAsThieves: not really
13:15:11 ThickAsThieves: maybe at .0008
13:15:53 ThickAsThieves: even then, erik has not demonstrated any reason to be hopeful for growth
13:15:56 davout: yeah well, i mean after purchasing satoshidice.us and host a clone of their website there for american residents
13:16:31 ThickAsThieves: would not erik be obliged to ask you to cease and desist?
13:17:17 ThickAsThieves: i bet the .us tld has legal restrictions
13:17:45 davout: don't care, i'd get another domain
13:17:49 davout: i mean tld
13:18:08 davout: also if i did that i'd ask permission first to erik, because he's nice and i like him
13:18:47 ThickAsThieves: i wonder if blockchain.info will be removing him
13:20:09 Scrat: it is inevitable
13:20:25 Scrat: why would an UK business want to be affiliated with gambling
13:20:44 pigeons: well, why did they add them in the first place then?
13:20:48 davout: Scrat: you seem to assume a lot
13:23:50 Scrat: piuk has stated that he gets no commission from SD
13:28:43 davout: mpex.cp -> "Failing last since 2011."
13:28:47 davout: I lol'd hard
13:28:54 davout: s/cp/co/
13:53:56 thestringpuller: davout <- trolling since 2013
13:54:24 thestringpuller: jkjk
13:54:30 thestringpuller: it is pretty funny
14:01:30 davout: thestringpuller: trolling can be fun too :-)
14:04:31 davout: thestringpuller: also i'm trolling the bitcoin community since 2010, not 2013
14:06:58 thestringpuller: where is everyone?
14:16:18 kakobrekla: 14:56.51 ( ThickAsThieves ) they announced they will be blocking USA from the website
14:16:21 kakobrekla: urlpls
14:16:37 kakobrekla: i am disspoint if true.
14:17:17 davout: kakobrekla: the worst is that they'll block bitcoin transactions originating from the US too
14:20:27 kakobrekla: dis a joke?
14:21:08 davout: kakobrekla: is this dog?
14:21:26 kakobrekla: hello, this is gazelle.
14:22:08 davout: #bitcoin-assets, home of the humor conoisseurs
14:22:21 davout: #bitcoin-anal home of davout
14:22:37 jcpham: for the ultimate in trolling
14:23:31 pigeons: kakobrekla: http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/
14:23:58 kakobrekla: dumb
14:24:38 jurov: davout, but you aren't on (in?) #bitcoin-anal
14:24:51 Scrat: inside
14:26:02 jurov: nobody's there... i proposed KRS-1 to establish #bitcoin-sphincter instead where he can be op
14:26:08 jurov: but no reaction
14:27:01 jurov: i even can add first item into #bitcoin-sphincter FAQ: What is this channel?
14:27:10 jurov: A: Opposite of bitcoin-faucet.
14:28:18 jurov: or even better A: Integral part of bitcoin faucet.
14:29:42 davout: jurov: sometimes i'm in #bitcoin-cunt
14:30:10 davout: "A: Opposite of bitcoin-faucet." <- LOL
14:34:33 kakobrekla: well the problem with sd - its in his interest for the site to die as far as i can tell.
14:38:20 jurov: sd is too successful, so he's just riding it... no motivation to improve it
14:39:12 kakobrekla: i dunno
14:39:17 kakobrekla: i see it as two piles.
14:40:34 jurov: pls explain.. and why interest to die?
14:40:56 davout: jurov: the site
14:41:00 davout: not the service
14:41:12 davout: he wants to make money, discreetely
14:41:40 kakobrekla: one pile is a pile of regulations and problems associated with it
14:41:45 kakobrekla: the other pile a pile of btc
14:42:07 kakobrekla: no matter how much shovels you throw from second pile to first, you did nothing.
14:42:42 jurov: but that's true for you and me too, no?
14:43:05 kakobrekla: but i dont care what the us says.
14:43:34 jurov: i mean, eu does have some regulations, too
14:44:04 kakobrekla: move your butt in a save place and thats that.
14:44:13 kakobrekla: safe*
14:44:54 jurov: i decided to try to tackle it here and get the relevant opinions first.
14:45:12 jurov: hiding is always an option but i don;t like it
14:45:36 davout: jurov: you get bad sleep
14:45:45 davout: jurov: money is not worth living a worried life
14:48:18 jurov: i already get bad sleep cuz this apt has only one window and can't be cooled effectively in summer
14:48:31 jurov: so i want to improve it
14:49:42 jurov: also for some health problems of mine this service here seems inadequate
14:50:04 jurov: that's i want to solve. i don't desire to get into some reptilia-ous outrage
14:50:11 kakobrekla: im not hiding, but sleeping is imparied cause of other reasons.
14:53:28 jurov: okay this discussion goes nowhere. i just am going to tackle the authorities by proxy of task advisor company
14:53:47 jurov: that solemnly promises to keep my identity secret
14:53:55 jurov: and then see what comes out of it
14:54:09 kakobrekla: hm
14:54:24 kakobrekla: what are you trying to do anyway?
14:54:52 jurov: legally cash out
14:55:06 Chaaaang-Noi: kako did you hear that supernode is in a mental hospital?
14:55:11 kakobrekla: Chaaaang-Noi !?
14:55:11 Chaaaang-Noi: suposidly
14:55:19 Chaaaang-Noi: his last post in his diary thread
14:55:21 Chaaaang-Noi: ill find it
14:55:53 kakobrekla: jurov cash out btc? its tax free here, officially.
14:56:08 Chaaaang-Noi: "I am currently detained in a psychiatric institution in Helsinki, because I need rest. My physical well-being is taken care of."
14:56:15 Chaaaang-Noi: https://bitcointalk.org/index.php?topic=174620.180
14:56:16 kakobrekla: jesus fuck
14:56:19 Chaaaang-Noi: some one screen shot that shit
14:56:34 Chaaaang-Noi: he could just be an epic troll
14:56:39 jurov: obv if they mention AML, KYC, etc. then i'll go offshore or whatever
14:57:10 Chaaaang-Noi: however, im starting to think that if they do start attacking gox and shit like that, super nodes are what we will need. clearly not that guy however
14:57:21 pigeons: i cant follow that rambling shit
14:57:30 pigeons: i prefer interesting crazies
14:57:34 Chaaaang-Noi: well he claims to be insane
14:57:39 pigeons: or zeek
14:57:40 Chaaaang-Noi: yeah
14:58:01 Chaaaang-Noi: i think he cant pay for his hotel bill, so went insane :/
14:58:26 kakobrekla: dont they accept silver pottery?
14:59:38 Chaaaang-Noi: no idea
15:00:05 Chaaaang-Noi: just bought a silver monster
15:00:10 jcpham: tried to screen print it
15:00:16 Chaaaang-Noi: im sure they would take that but just not at a fair rate
15:01:53 jcpham: tyg dawg
15:02:12 jcpham: i tried all 10 pages of the thread but it failed
15:04:49 truffles: hey Chaaaang, can i just call you chang?
15:04:59 Chaaaang-Noi: just call me goat
15:05:11 truffles: im not so good with names
15:05:20 truffles: but i think i have name to face so i might
15:05:25 Chaaaang-Noi: however if you want me to respond you should use whatever name i have so it lights up red
15:05:36 truffles: oh i see
15:05:50 Chaaaang-Noi: im not always looking on irc chat
15:05:57 truffles: i should set that up myself
15:06:08 truffles: prob most ppl arent heh
15:06:15 Chaaaang-Noi: :)
15:06:20 Chaaaang-Noi: im sure i do more than most, but still
15:07:01 truffles: im a multi multi tasker at doing just random..
15:07:18 truffles: im still wondering from yesterday what a drug alcohol is btw
15:09:16 Chaaaang-Noi: its a crazy one
15:12:11 Chaaaang-Noi: oh, i wonder if that finland guy is also going crazy cuz silver lost like 30 or 405 in like a month
15:12:15 Chaaaang-Noi: 40%
15:12:25 Chaaaang-Noi: he seemed to be way way long in that
15:12:57 truffles: how's gold doing?
15:13:18 Chaaaang-Noi: falling as well but not as sharp, but pretty sharp
15:13:26 Chaaaang-Noi: been stacking some as we fall down in price
15:13:29 Chaaaang-Noi: enjoying it :)
15:13:36 truffles: i want some gold
15:13:37 truffles: !
15:13:44 truffles: i guess i will look into that
15:13:55 Chaaaang-Noi: its 13XX on oz now i think
15:13:57 jurov: Chaaaang-Noi: he said earlier that physical silver is actually stable, just papers went haywire
15:14:04 Chaaaang-Noi: lol
15:14:04 jurov: so no problem for him
15:14:34 Chaaaang-Noi: i just bought silver physical silver at $23.XX when spot was 22.XX
15:14:38 Chaaaang-Noi: he is a nutter for sure
15:15:46 jurov: <kakobrekla> jurov cash out btc? its tax free here, officially. <<< care for a link?
15:16:13 kakobrekla: ops
15:16:14 kakobrekla: jurov ^^
15:17:43 Chaaaang-Noi: lol
15:17:57 Chaaaang-Noi: im moving to slovinia or where are you from again?
15:18:02 kakobrekla: correct
15:18:06 kakobrekla: slovenia
15:18:09 Chaaaang-Noi: cool
15:18:13 kakobrekla: slovinia could end you up in somalia or slovakia
15:18:17 Chaaaang-Noi: can you get me a passport? :)
15:18:54 kakobrekla: dunno what the procedure is on that but i guess shouldnt be too hard
15:18:59 jurov: Chaaaang-Noi: maybe work visa would be sufficient
15:19:18 jurov: but i'd prefer less crazy colleagues
15:19:22 Chaaaang-Noi: im trying to avoid paying taxes in the usa
15:20:10 truffles: prob not something to advertise goat lol
15:20:30 Chaaaang-Noi: avoid them legally...
15:20:59 Chaaaang-Noi: citizenship, or a passport would let me do that...
15:21:05 Chaaaang-Noi: avoid the taxes legally...
15:21:11 Chaaaang-Noi: it was mostly a joke anyway
15:21:20 truffles: u want to move to live there permanently?
15:21:22 truffles: oh
15:21:32 Chaaaang-Noi: i dont need to live there, just be a citizen
15:21:37 truffles: its like worse than romania isnt it
15:21:48 kakobrekla: lol
15:21:57 Chaaaang-Noi: i ahve honestly thought about buying citizenship
15:22:05 Chaaaang-Noi: just not there
15:22:07 kakobrekla: Chaaaang-Noi you marry some gal and get it
15:22:23 Chaaaang-Noi: wife wont like that :/
15:22:37 kakobrekla: then she can pay for th taxes.
15:22:38 truffles: whats a lil polgomy
15:22:46 Chaaaang-Noi: anyone want a block of 100 or 200 AM shares? want has more silver...
15:22:51 truffles: polygamy
15:23:20 Chaaaang-Noi: honey, i need to take a second wife? what the fuck why!! cuz ill same 100k in tax money
15:23:31 Chaaaang-Noi: save*
15:23:45 Chaaaang-Noi: hmm still dont think it will work out
15:23:58 kakobrekla: no
15:24:01 kakobrekla: you are doing it wrong
15:24:15 kakobrekla: "honey, pay 100k taxes or im getting another wife"
15:24:26 Chaaaang-Noi: looool
15:24:57 truffles: its her money though, even though he thinks its his : D
15:25:07 Chaaaang-Noi: like she can get my btc
15:25:36 truffles: she doesnt have to
15:58:23 mircea_popescu: ;;ticker
15:58:46 KRS-1: there are better places to live than serbia
15:59:25 mircea_popescu: actually belgrade wasn't bad at all.
16:01:00 truffles: <KRS-1> there are better places to live than serbia>>>poland?
16:09:08 jurov: poland? srsly?
16:37:18 mircea_popescu: "I check MPex for my information because ya'll have a fee to get in.
16:37:18 mircea_popescu: People who have that much BTC know what they're doing because they've been
16:37:19 mircea_popescu: there from the beginning. So I figure those trades are the smartest ones
16:37:19 mircea_popescu: to follow. Essentially...thanks for providing a more efficient source of
16:37:19 mircea_popescu: info thats not distorted by the millions of fuckwads posting about
16:37:19 mircea_popescu: whatever coin of the week they've created or people with scammer tags
16:37:21 mircea_popescu: accusing other people, etc. Its like a fucking kindergarten classroom in
16:37:23 mircea_popescu: here sometimes"
16:37:25 mircea_popescu: i get lovemail.
16:39:11 truffles: copypaste multi line fail
16:39:54 ThickAsThieves: truffles likes to focus on the important stuff
16:40:32 truffles: ppl complementing themselves meh
16:40:45 mircea_popescu: I unlocked the thread to tell you that I am fine, and this is happening in accordance with orders (as understood by me).
16:40:46 mircea_popescu: I am currently detained in a psychiatric institution in Helsinki, because I need rest. My physical well-being is taken care of.
16:40:47 mircea_popescu: whoa.
16:40:57 mircea_popescu: jurov you seen that ?
16:41:16 ThickAsThieves: mp, did you see the sdice news?
16:41:48 mircea_popescu: ThickAsThieves yes.
16:42:36 ThickAsThieves: k
17:04:18 deadweasel: who is?
17:04:31 deadweasel: who's in the looney bin?
17:04:39 truffles: hi deadweasel
17:04:43 truffles: prof rpetila
17:04:47 truffles: prob.
17:04:56 deadweasel: ahahhaha, finally.
17:05:15 deadweasel: culture and conditioning make people fucking insane
17:05:36 deadweasel: and then they impound themselves to escape the reality of their mistakes.
17:05:38 truffles: conditioning makes ppl into robots imo
17:06:11 truffles: culture makes us more interesting imo
17:06:54 deadweasel: it's very interesting. i love it.
17:07:11 deadweasel: i hope he learns to calm down.
17:08:27 mircea_popescu: deadweasel tbh, that's troll signature.
17:08:35 mircea_popescu: the account is closed. the person behind it gets the laurels.
17:09:28 jborkl: https://bitcointalk.org/index.php?topic=99497.5220 < this is why I stopped reading BTC talk
17:10:20 truffles: jborkl which post?`
17:10:41 jborkl: the last two,
17:11:02 jborkl: bundling AM chips in cell phones so Africans can mine on the go
17:11:15 mircea_popescu: lolok
17:12:48 keyboardwarrior: Hi guys
17:13:00 truffles: hi
17:13:13 truffles: my lumia runs out of battery life fast
17:13:37 keyboardwarrior: is it normal the bitfinex prices stay static for like , say , 30 minutes
17:13:52 mircea_popescu: keyboardwarrior bitfinex is a scam.
17:13:53 ThickAsThieves: lolumia
17:14:00 mircea_popescu: anything is normal as long as you lose your btc.
17:14:02 keyboardwarrior: aw snap
17:14:10 keyboardwarrior: just open a position
17:14:20 keyboardwarrior: could you tell me why is it scam
17:14:46 keyboardwarrior: at least my loss is only 0.15 USD at the moment
17:14:50 truffles: <ThickAsThieves> lolumia >> whats wrong with it????
17:15:36 truffles: fast to me is low battery in 3 days
17:16:58 keyboardwarrior: any plataform i could start on with say , 5 usd
17:17:50 ThickAsThieves: to each is own i barely even have a cellphone
17:18:14 ThickAsThieves: nexus s that i never charge
17:18:43 ThickAsThieves: wife has a note 2 which is pretty dope
17:19:03 mircea_popescu: kybwarrior basically they stole the bitcoinica codebase
17:19:17 mircea_popescu: which was written in ruby and which was buggy as hell
17:19:24 mircea_popescu: and they're running it from their garage.
17:19:58 truffles: very nice pen on note 2
17:20:01 kybwarrior: and it seems something is broken
17:20:11 kybwarrior: prices wont move
17:20:30 mircea_popescu: read that anyway.
17:22:03 Namworld: S.DICE price holding well considering the events
17:22:52 kybwarrior: if i only had one BTC
17:23:03 kybwarrior: to use the coinbr gate to MPEX
17:24:49 truffles: can the note 2 do pdf's and word..
17:24:54 Namworld: coinbr requires a whole BTC?
17:25:01 mircea_popescu: iirc it was a %
17:25:02 truffles: or even utube
17:25:13 mircea_popescu: Namworld im not sure what the events are.
17:25:20 mircea_popescu: i mean... website ? who cares ?
17:25:50 Namworld: Yeah. It's still going to hurt SDice's business tho
17:25:58 kybwarrior: oh its free
17:26:09 kybwarrior: last time i checked it wasnt
17:27:39 mircea_popescu: Namworld maybe.
17:27:41 kybwarrior: oh it moved
17:27:49 kybwarrior: against me
17:28:01 kybwarrior: i dont get why
17:28:16 kybwarrior: as on clarkmoody price is rising
17:28:32 ThickAsThieves: scamz
17:28:35 Namworld: Well I'd need to know how many US SD players use proxy/Tor to play and how many just plainly access.
17:28:44 Namworld: But yeah
17:29:03 Namworld: Could scare new customers if they see some warning upon arriving on the website.
17:29:09 mircea_popescu: Namworld by the same reasoning silkroad is dead.
17:29:14 mircea_popescu: as it doesnm't have a website.
17:29:15 Namworld: Old players would probably just keep betting
17:30:12 truffles: gamblers gonna gamble
17:30:16 Namworld: SR doesn't have a warning message. It's just hidden well.
17:30:59 mircea_popescu: i'm just saying, websites.
17:33:40 Namworld: Yeah, yeah
17:34:27 Namworld: According to the 1.9% house edge, it went up 3.5 x 200 BTC increments
17:35:05 Namworld: So 700 BTC expected profit
17:36:15 Namworld: ;;calc 700/0.019
17:36:30 Namworld: ~36842 BTC in bets expected
17:36:38 Namworld: to have occured then
17:36:59 Namworld: Arf, I need to suggest dooglus to add betting volume since the beggining of the month
17:37:46 benkay: sdice ain't dead
17:37:50 benkay: it's got this great market dominance
17:38:16 benkay: it seems to not be receiving a lot of love from its nominal maintainer though
17:38:43 Namworld: ;;calc 36842/1200
17:38:50 benkay: dem blooz.
17:39:26 Namworld: Well Coinroll has about 1/30th of SatoshiDice's betting volume for the same period.
17:39:32 Namworld: I guess that's decent
17:40:21 benkay: bitzino has lots of love for itself
17:41:01 Namworld: I hear so. Different game tho
17:41:13 Namworld: Coinroll is pretty much like SD
17:42:19 jborkl: Wtf, over 10,000 unconfirmed
17:42:24 Namworld: Didn't expect such market share
17:42:27 benkay: is the play model really relevant to whether a given casino has their shit together?
17:42:35 Namworld: For something that litterally just started
17:42:42 jborkl: mircea-popescu
17:42:50 jborkl: mircea_popescu
17:42:53 mircea_popescu: yes ?
17:43:01 jborkl: you see the unconfired transactions
17:43:04 jborkl: new record
17:44:24 jborkl: DDOS of the network with .00000025
17:46:12 Namworld: 0.00000025 * 200000 = 0.05 BTC cost to attack...
17:46:27 Namworld: With 200 000 transactions with such dust
17:46:48 Namworld: At regular fee of 0.0005
17:47:00 Namworld: Would cost 100 BTC to create 200 000 transactions
17:47:24 jborkl: well, there are over 11,000 pernding
17:47:28 jborkl: pending
17:47:34 Namworld: Yeah
17:47:37 Namworld: Could be more
17:47:47 jborkl: probably is
17:48:01 Namworld: What's the current blocksize limit?
17:48:20 jborkl: 1mb I think - not 100 sure
17:48:44 jborkl: most are at 512 , pretty sure
17:49:04 Namworld: This is retarted...
17:49:14 Namworld: So many transactions
17:49:37 Namworld: Miners should just ignore 0 fees transactions
17:49:38 mircea_popescu: jborkl yeah
17:49:53 mircea_popescu: 1mb is the absolute limit
17:50:02 mircea_popescu: blocks are about 410 k avg
17:51:09 Namworld: The spam stopped
17:51:38 jborkl: I think it just crashed everything imo
17:51:41 mircea_popescu: jborkl the interesting thing is
17:51:49 mircea_popescu: i can get my payments through no problem, in spite of 10k pending
17:51:58 mircea_popescu: i think either the miners are prioritizing or there's something else afoot
17:52:08 mircea_popescu: (node connectivity issue ? i dunno ianae)
17:52:52 jborkl: it is interesting, depends on who is relaying and where the transactions are getting stuck at
17:53:24 mircea_popescu: in fact i've looked, and i've not had a payment waited in >3 months
17:53:29 mircea_popescu: everything next block
17:54:31 jborkl: It would almost be wise, for MPEX members that need to pay each other to use PUSH more often. Or new people need to sign up to PUSH with a high degree of speed and anonymity
17:54:56 Namworld: miners prioritize transactions with fees over feeless transactions
17:55:27 Namworld: If you're not a cheapskate and pay the damn 5 cent fee...
17:55:32 Namworld: You're ok
17:55:34 mircea_popescu: jborkl what, and ruin ripple ?!
17:55:40 jcpham: so whats happening tot he blockchain
17:55:47 mircea_popescu: with google, horowitz-andersen & co ?
17:56:09 jborkl: LOL, yeah ripple is trying to be WOT
17:56:32 jborkl: with a bunch of retards giving micro loans to each other
17:56:33 kakobrekla: i have been doing larger txes for a while now, no fee and nothing waits. and not that i dont want to pay fee, its just default client doesnt say it needs it.
17:56:58 kakobrekla: its about bitcoin days destroyed i think
17:57:14 mircea_popescu: that counts too
17:57:33 mircea_popescu: 2:3 by now
17:57:33 Namworld: yeah, size counts too
17:57:42 jborkl: LOL, blockchains windows xp pro crashed
17:59:58 Namworld: blockchain.info: hosted on this HP laptop right here with blazing fast 128 kbit/s DSL
18:00:11 ThickAsThieves: methinks theyre trolling
18:00:32 Namworld: Who's bitfury...
18:01:00 mircea_popescu: Namworld was some guy with a large fpga rig last year
18:01:03 mircea_popescu: last i heard of them
18:01:06 ThickAsThieves: the world leader in pretending to be the world leader in ascis
18:01:10 ThickAsThieves: havent you heard?
18:01:12 mircea_popescu: lmao
18:01:20 Namworld: ...
18:01:27 mircea_popescu: ThickAsThieves what fascinates me is this : guy comes out of blue skies plunks down 100 btc on yes.
18:01:43 mircea_popescu: ok, tghat i can see. maybe he's trolling. m,aybe he's insane. maybe he has the chips. he'd know which, it's hios business
18:01:45 ThickAsThieves: i know, you are very excited about this
18:01:52 mircea_popescu: so 50 btc are bet against. that i can also understand
18:01:59 mircea_popescu: nobody went broke betting against asic delivery yet.
18:02:12 mircea_popescu: BUT!!!! there's like 25 btc aka 5k usd riding on the yes from third parties.
18:02:17 mircea_popescu: this i don't get. i tried.
18:02:23 ThickAsThieves: hehe
18:02:32 mircea_popescu: i mean wtf, they can't have insider information
18:02:42 mircea_popescu: there's 5k dollah wagered on what, the website ?
18:02:47 ThickAsThieves: the only proven way to be safe with asic biz is to wait til delivery
18:02:50 mircea_popescu: what judgement went into that i wish to know
18:02:54 ThickAsThieves: otherwise you are just gambling
18:03:29 ThickAsThieves: many more losers than winners
18:03:38 mircea_popescu: basically excluding the owner, that bet breaks 2:1 against
18:03:42 mircea_popescu: what the fuck what odds are these.
18:03:44 Namworld: Is that a pun on bitfinex's statement?
18:03:58 mircea_popescu: Namworld that ?
18:04:14 Namworld: "nobody went broke betting against asic delivery yet."
18:04:20 mircea_popescu: um
18:04:25 mircea_popescu: not afaik.
18:04:28 Namworld: Bitfinex has right under the logo this funny statement
18:04:32 Namworld: "Nobody went broke taking profits"
18:04:36 mircea_popescu: what srlky ? heh.
18:04:39 jcpham: just wait until ripples are a buck each
18:04:40 ThickAsThieves: thats not a logo
18:04:43 ThickAsThieves: its a big font
18:04:51 Namworld: It's a bad logo...
18:04:59 mircea_popescu: listen. "Nobody went broke taking profits" is like saying "the rain in spain stays mostly on the plain"
18:05:06 mircea_popescu: no dinky obscure fringe scam invented this.
18:05:27 Namworld: It's funny cause it's false
18:05:32 mircea_popescu: yeah
18:05:45 ThickAsThieves: mpex needs a logo
18:05:56 mircea_popescu: there, 2005
18:05:58 deadweasel: technically if all you do is take profits, it would be impossible to go broke. in a general way.
18:06:08 mircea_popescu: deadweasel inflation.
18:06:09 deadweasel: but i agree with you in spirit
18:06:15 deadweasel: oh ya
18:06:17 deadweasel: inflation
18:06:18 mircea_popescu: ;)
18:06:18 deadweasel: shit
18:06:34 deadweasel: well, still wouldn't be broke, but worthless, yes.
18:06:40 ThickAsThieves: :/
18:06:41 mircea_popescu: not to go into the complex points of taxation.
18:08:10 ThickAsThieves: i love how people feel the need to wait for 6 confs when making deals with me
18:08:14 ThickAsThieves: am i that scary
18:08:39 ThickAsThieves: i wouldnt know how to doublespend on 0 confs
18:08:42 mircea_popescu: just new and into high risk prop trades.
18:09:59 ThickAsThieves: wtf
18:10:08 ThickAsThieves: someone is trying to double spend on me
18:10:13 ThickAsThieves: great
18:12:45 deadweasel: ya taxes, dammit.
18:13:21 Scrat: TAT: nop, b.i is buggy atm
18:13:26 Scrat: shows every TX as a double spend
18:13:47 ThickAsThieves: oh
18:14:20 ThickAsThieves: Scrat yyouz just tryin git me
18:14:47 Scrat: git er
18:16:27 ThickAsThieves: hey putting asics in phones was my idea https://bitcointalk.org/index.php?topic=99497.msg2171426#msg2171426
18:16:28 ThickAsThieves: wtf
18:17:13 mircea_popescu: lol
18:19:02 Namworld: When's the IPO, Scrat? =P
18:19:36 Namworld: By the way... if anyone wants to sell S.DICE shares but finds there's a lack of volume to sell them, PM me.
18:20:08 Namworld: I might buy 10-30k
18:23:24 toffoo: what is the all-time low on s.dice?
18:23:54 Namworld: ~0.0008 I think
18:24:11 Namworld: 1/4th of IPO
18:24:28 toffoo: wow .. did it hit that in this recent dump or was that from earlier?
18:24:40 mircea_popescu: toffoo there was a dump back in january i think ?
18:24:42 Namworld: Much earlier
18:24:58 toffoo: ok gotcha, thanks
18:27:06 mircea_popescu: depr
18:31:07 Scrat: Namworld: soon(tm)
18:31:58 Uglux: like wave(tm)
18:38:22 leotreasure: i lost message from scrollback
18:53:53 davout: greetings
18:54:10 truffles: hi
18:54:19 deadweasel: howdy o/
18:54:44 truffles: has it been a quiet day for bitcoin?
18:55:51 ThickAsThieves: havent we had enough excitement?
18:56:03 ThickAsThieves: it's like every week we have fireworks
18:56:13 truffles: drama gets the blood pumping!
18:56:31 davout: bitcoin is backed by drama
18:56:41 truffles: haha
18:57:16 ThickAsThieves: gox seizure, sdice drama
18:57:25 ThickAsThieves: AM mega div
18:57:33 davout: so much drama over nothing with satoshidice
18:57:39 ThickAsThieves: chaang nois new bicycle
18:57:43 ThickAsThieves: so exciting
18:57:47 truffles: lol
18:58:02 davout: some big shareholder should just clone the SD website and make it available in the US
18:58:11 davout: problem solved. boom.
18:58:29 ThickAsThieves: then that person has same liability obv
18:58:42 ThickAsThieves: boom
18:58:58 davout: pay for a domain name in btc, host on heroku, anonymous website, boom.
18:59:23 ThickAsThieves: i'll probably end up eating my words, but at the moment i have no problem saying that i think sdice is dead in the water
18:59:29 ThickAsThieves: ship has sailed
18:59:42 truffles: ouch
19:03:59 davout: what makes you think that it won't make it even more attractive ?
19:04:04 davout: to US customers
19:04:12 davout: it's like... forbidden
19:06:00 ThickAsThieves: simple
19:06:06 ThickAsThieves: it's been faltering for months
19:06:25 ThickAsThieves: and has received no visible or "tangible" attention
19:06:29 ThickAsThieves: no new features
19:06:32 ThickAsThieves: no new anything
19:06:42 ThickAsThieves: site mostly performed shitty anyway
19:06:54 ThickAsThieves: so any amount of obfuscating it's accessibility
19:07:03 ThickAsThieves: is just another nail in the coffin
19:07:14 mircea_popescu: this isn't tv tho.
19:07:26 ThickAsThieves: clarify
19:07:38 ThickAsThieves: you mean the vidible part?
19:07:40 ThickAsThieves: s
19:07:44 jcpham: people can watch waht they want
19:07:54 mircea_popescu: there's this very american worshipping of a very particular thing
19:07:58 davout: hipsters care about features, investors car about dividends
19:08:01 ThickAsThieves: people dont seek out tv shows because they are harder to watch
19:08:08 davout: :-)
19:08:12 jcpham: streisand
19:08:18 ThickAsThieves: i care about noth
19:08:20 ThickAsThieves: bnoth
19:08:22 ThickAsThieves: both!
19:08:25 mircea_popescu: lol
19:08:41 mircea_popescu: but srsly, most things worth it in this life aren't what's being hyped
19:08:49 mircea_popescu: most hyped things aren't worth the time of day
19:08:53 mircea_popescu: most "famous" people are poor.
19:08:59 mircea_popescu: most rich people you've never heard of
19:09:02 ThickAsThieves: but your are transferring the argument
19:09:02 davout: you can't deal-with-it me
19:09:10 mircea_popescu: most popular jobs are dead. most lucrative jobs are "boring"
19:09:11 mircea_popescu: etc
19:09:14 davout: i had the sunglasses on my forum avatar first
19:09:20 ThickAsThieves: my point isnt that hype is a fundamental
19:09:26 mircea_popescu: it isn't.
19:09:33 mircea_popescu: also, the "consumer" market is unfundamental.
19:09:35 mircea_popescu: and so on
19:09:38 ThickAsThieves: it's that marketing, communication, and development are important
19:09:51 mircea_popescu: not as commonly understood.
19:10:02 davout: i think sd markets itself for free on the frontpage of blockchain.info
19:10:09 ThickAsThieves: big deal
19:10:14 ThickAsThieves: it's nice n all
19:10:17 ThickAsThieves: and certainly a win
19:10:18 jcpham: what davout said
19:10:20 mircea_popescu: and im not transferring the argument, i'm just not particularly interested in arguiubng about s.dice per se, i think the general point is more interesting
19:10:28 ThickAsThieves: but you can't just stop
19:10:42 mircea_popescu: yes you can. this website fetish...
19:10:46 ThickAsThieves: my issue is not just with sdice
19:10:48 truffles: <davout> hipsters care about features, investors car about dividends>>> disagree with that
19:10:49 mircea_popescu: websites are for blogs.
19:11:03 jcpham: well i think s.dice is dead and SD will be fine
19:11:08 mircea_popescu: there's no good reason random, service x should be a website.
19:11:09 davout: ThickAsThieves: like I said, someone who has a stake in this *will* put up a US accessible clone of the SD website
19:11:31 ThickAsThieves: you might not WANT marketing to matter or have a suitable rationale for it within yourself
19:11:31 mircea_popescu: davout i'd take that as a good proxy for how valuable a website is for sdice
19:11:38 ThickAsThieves: but it proves itself when used
19:11:53 ThickAsThieves: davout
19:12:03 ThickAsThieves: my issue is much more than the website to US problem
19:12:04 davout: howso
19:12:14 davout: so what is it ?
19:12:23 ThickAsThieves: it's lack of development
19:12:38 mircea_popescu: this attitude is what leads to creeping featuritis and general cruft.
19:12:48 davout: mircea_popescu: word
19:12:58 ThickAsThieves: so nothing should ever be developed past it's initial state?
19:13:08 ThickAsThieves: its*
19:13:09 benkay: has anyone bothered to plot relative market share of the btc gambling space?
19:13:13 jcpham: would you like for satoshidice to add more features and a whole frontend/backend server architecture?
19:13:18 benkay: we could actually talk about execution instead of features then
19:13:21 jcpham: allow players to create "accounts"?
19:13:24 davout: ThickAsThieves: does it need to ?
19:13:28 jcpham: not happenin
19:13:32 mircea_popescu: ThickAsThieves past uits mature state.
19:13:40 mircea_popescu: for example : i am now eating a praline
19:13:40 ThickAsThieves: nothing needs to do anything
19:13:49 ThickAsThieves: but we invest to make money right?
19:13:52 mircea_popescu: this particular piece of confectionery has been unchanged since three centuries ago
19:13:58 mircea_popescu: i am persuaded louis ate the exact same thing.
19:14:12 ThickAsThieves: and investors expect a business to maintain and moreover gain revenue right?
19:14:19 mircea_popescu: yes, pralines are dead to the us market, in the sense that the uninformed poor there don't get any.
19:14:48 ThickAsThieves: why use analogies when we already have a working example
19:14:58 truffles: ThickAsThieves I think youre trying to reason with stubborn ppl who are comfortable with what is
19:15:04 ThickAsThieves: i know
19:15:07 mircea_popescu: in my mind investors are making a revenue from their holding
19:15:23 davout: truffles: that's called having fun :-)
19:15:24 truffles: same ppl who give out advice to others *snicker*
19:15:33 ThickAsThieves: i simply expect action
19:15:39 ThickAsThieves: what's next
19:15:41 ThickAsThieves: etc
19:15:55 mircea_popescu: yeah but i don't think that's particularly relevant.
19:16:00 ThickAsThieves: hehe
19:16:02 mircea_popescu: so you wish to be entertained by your portofolio
19:16:03 mircea_popescu: i do not.
19:16:05 ThickAsThieves: no
19:16:07 davout: ThickAsThieves: buddhism teaches us that "not doing" is already "doing" if you see what I mean
19:16:09 ThickAsThieves: i wish for it to grow
19:16:35 mircea_popescu: ThickAsThieves this growth thing... it often is illusory.
19:16:41 ThickAsThieves: sure
19:16:48 mircea_popescu: i mean... enron grew.
19:16:54 benkay: whatever
19:16:58 benkay: growth can happen
19:17:00 ThickAsThieves: buddhism is like nihilism
19:17:02 davout: mircea_popescu: these suction pumps do not work
19:17:03 benkay: sometimes it's illusory
19:17:03 jcpham: the U.S. has grown
19:17:05 ThickAsThieves: zero impact
19:17:23 davout: ThickAsThieves: yes and no
19:17:24 mircea_popescu: jcpham yeah, i love the sprawl too.
19:17:26 ThickAsThieves: I enjoy life because of all the things I can DO
19:17:37 ThickAsThieves: not all the things I can watch be as they are
19:17:50 mircea_popescu: anyway. point being : the hammer has not grown. it is what it is.
19:17:57 ThickAsThieves: i want to tinker, explore, develop, evolve
19:18:01 mircea_popescu: toilet paper is basically... toilet paper.
19:18:04 mircea_popescu: that's what it is.
19:18:05 davout: ThickAsThieves: watching things as they are is already doing something, which can bring great enjoyment
19:18:09 ThickAsThieves: which extends to me wanting this for all things
19:18:20 mircea_popescu: ThickAsThieves that's fine but not all things are that.
19:18:26 davout: ThickAsThieves: it's not mutually exclusive
19:18:30 mircea_popescu: s.dice is a mature company dominating its niche
19:18:33 ThickAsThieves: but profit is
19:18:40 mircea_popescu: it will behave accordingly. you want excitement, chase the vircurex ipos or w/e
19:18:45 mircea_popescu: different models.
19:18:54 ThickAsThieves: i want evolution
19:18:57 ThickAsThieves: not excitement
19:19:03 ThickAsThieves: progression
19:19:11 davout: let's talk about evolution then
19:19:14 truffles: a year or 2 is mature now hehehe
19:19:22 davout: what is this NAT.ROUTERS thing?
19:19:32 ThickAsThieves: a joke
19:19:34 ThickAsThieves: like sdice
19:19:48 mircea_popescu: lol. dude srlsy.
19:19:55 ThickAsThieves: i just find it insulting
19:20:15 davout: ThickAsThieves: what is it that pokes your ego ? :p
19:20:29 ThickAsThieves: i tried to explain this
19:20:52 truffles: oh its not called trolling huh
19:20:56 ThickAsThieves: sdice was a spark
19:21:05 ThickAsThieves: but never a fire
19:21:19 ThickAsThieves: it still can be i guess
19:21:26 ThickAsThieves: but no signs of warmth
19:21:30 davout: yeah, who knows
19:22:02 mircea_popescu: i fail to follow this logic.
19:22:02 ThickAsThieves: i want to put my money to work
19:22:06 davout: ThickAsThieves: you expect change when some other folks don't see the need for it
19:22:10 mircea_popescu: sdice always was and still is the majority of rthe blockchain
19:22:13 ThickAsThieves: not bury it in the dirt
19:22:22 mircea_popescu: if this is a spark but not a fire then what can io tell you
19:22:45 ThickAsThieves: erik has expressed he has stuff brewing repeatedly
19:22:59 ThickAsThieves: yet soup is not served
19:23:11 mircea_popescu: ThickAsThieves it's barely a one year old company.
19:23:28 mircea_popescu: most companies fail to file at all after their first year
19:23:29 ThickAsThieves: it take 1 year to communicate plans with investors?
19:23:36 mircea_popescu: of the 5%ish that do, 90+% file a loss.
19:23:45 mircea_popescu: plans are no investors' busines.
19:24:09 mircea_popescu: you want to be involved in business planning, start one.
19:24:14 benkay: i like that attitude, that plans are not investors business.
19:24:14 ThickAsThieves: so would you argue that with all that is known to the public,
19:24:21 ThickAsThieves: sdice is a better investment than most?
19:24:23 mircea_popescu: you're buying into someone else's specifically so as not to have to deal with that.
19:24:24 benkay: it's not a terribly common perspective...
19:24:46 mircea_popescu: ThickAsThieves as far as i can see, other than mpoe (which may well be oversold), sdice is the only investment available atm.
19:24:47 ThickAsThieves: plans are not investors business
19:24:57 mircea_popescu: bitbet is small. asicminer doesn't practically exist. it's take it or leave it.
19:25:06 ThickAsThieves: please
19:25:08 mircea_popescu: hey.
19:25:24 ThickAsThieves: you keep painting AM as a blip
19:25:31 mircea_popescu: it is.
19:25:38 inhies: lols
19:25:43 mircea_popescu: no contract, no business. sorry but it's what it is.
19:25:46 inhies: if its not on mpex it isnt real
19:25:56 mircea_popescu: you don't have to agree, but you won't change this whether you agree or you don't.
19:25:57 ThickAsThieves: what good has sdice's contract done anyone?
19:26:12 ThickAsThieves: other than the seed investors
19:26:22 benkay: appearance of legitimacy
19:26:24 mircea_popescu: it can be read by anyone.
19:26:29 benkay: to the extent that exists in this space.
19:26:39 mircea_popescu: it clearly delineates what anyone can reasonably expect. etc.
19:26:46 mircea_popescu: the stuff contracts normally do.
19:27:00 ThickAsThieves: but it doesnt protect investors from a number of things that could easily circumvent the contract into worthlessness
19:27:09 benkay: such as?
19:27:17 ThickAsThieves: erik = the whale
19:27:32 mircea_popescu: no contract protects the investors or any parties against the very contract being breached.
19:27:38 ThickAsThieves: mp deciding to interpret any line creatively
19:27:45 mircea_popescu: contracts (like any other thing in the world) work by working not by being broken
19:27:55 mircea_popescu: a boat doesn't take you across the sea by being sunk
19:28:07 ThickAsThieves: so you want to say contracts are the real deal, but dont actually protect you
19:28:14 benkay: here comes the gpg
19:28:16 ThickAsThieves: so whats the difference
19:28:38 mircea_popescu: ThickAsThieves basically where you're coming from is this : "i'm here in the land of the thieves, better pack as much and run while i still have my legs"
19:28:48 mircea_popescu: this may be informed by experience, heck, it may even be the correct stance in btc.
19:28:59 mircea_popescu: nevertheless, i won't have any of it, it's not what i'm building nor what i stand for.
19:29:03 ThickAsThieves: no
19:29:11 mircea_popescu: the only way this divide will be healed is through time. so i'm not in any rush for anything to happen.
19:29:14 ThickAsThieves: it is you that is making the assumption that AM is the thief
19:29:16 ThickAsThieves: in waiting
19:29:26 ThickAsThieves: no I
19:29:27 mircea_popescu: not quite.
19:29:55 ThickAsThieves: as I see it, both sdice and AM could fuck me over any number of ways
19:30:09 mircea_popescu: yes. this is the thing : at this point anything "could" happen
19:30:09 ThickAsThieves: yet Friedcat has demonstrated enormous achievements
19:30:22 ThickAsThieves: and erik has demonstrated a joker avatar
19:30:27 mircea_popescu: ten years down the road things will have played out as i said they will, and they could no longer play any number of ways.
19:31:12 ThickAsThieves: investing in people is safer to me
19:31:18 ThickAsThieves: than investing in an mpex contracyt
19:31:20 mircea_popescu: so that's fine.
19:31:39 ThickAsThieves: if erik were demonstrating intitiative
19:31:48 ThickAsThieves: or any sort of business prowess
19:31:57 ThickAsThieves: i might think differently
19:32:17 mircea_popescu: the great advantage of btc is that it'sd a perfectly even ideal field on which everyone's understanding can be tested
19:32:18 mod6: ...
19:32:41 ThickAsThieves: and while i dont think of everyone as thieves in waiting
19:32:52 ThickAsThieves: i do think my positions need to be temporal
19:32:54 ThickAsThieves: and agile
19:33:08 ThickAsThieves: due to the pitfalls that litter btc business
19:33:26 ThickAsThieves: I'm not saying I wanna make babies with Friedcat
19:33:30 mircea_popescu: so basically not X but X.
19:33:53 ThickAsThieves: I'm saying the actual environment changes
19:34:09 mircea_popescu: right, let's not get anchored in the words.
19:34:14 ThickAsThieves: so some jumping around is profitable
19:34:22 mircea_popescu: the idea is that you perceive this medium as dangerous and i aim to make it safe.
19:34:43 davout: "benkay: here comes the gpg" << LOL
19:34:47 mircea_popescu: the idea is for btc to be a safer place than anywhere else, not some mythical land you raid now and again
19:34:48 ThickAsThieves: and sdice investors are safely losing money each week
19:34:56 mircea_popescu: how exactly are they losing money ?
19:35:25 ThickAsThieves: depends on how much you value divs vs share value vs future potential
19:35:52 mircea_popescu: depends if you're a daytrader marking to market on a daily basis.
19:36:01 mircea_popescu: as far as i know there's a total of three people actually qualified to be doing this.
19:36:34 ThickAsThieves: whom?
19:36:47 mircea_popescu: ya well.
19:37:40 davout: mircea_popescu: how's the hiring ladybytes on your traders team coming along?
19:37:48 ThickAsThieves: maybe I am projecting unnecessary expectations on sdice
19:37:51 mircea_popescu: lol she's skulking
19:37:57 ThickAsThieves: so be it
19:38:03 mod6: ThickAsThieves: http://polimedia.us/fraudsters/2012/gpg-contracts/
19:38:30 mircea_popescu: ThickAsThieves look, everyone does his own thinking, has his own expectations...
19:38:40 mircea_popescu: the market is a voting machine doubling as a weighing machine
19:38:49 mircea_popescu: except we don't yet have the long term for the later, so.
19:39:03 truffles: ThickAsThieves just take it up the butt and move along
19:39:09 ThickAsThieves: lol
19:39:25 ThickAsThieves: no meat enters this sanctum
19:39:27 ThickAsThieves: hehe
19:39:54 benkay: skulking or sulking?
19:40:02 ThickAsThieves: same thing?
19:40:11 benkay: nope.
19:40:14 mircea_popescu: not same thing.
19:40:15 benkay: nope nope nope.
19:41:01 truffles: learned a new word today
19:41:01 ThickAsThieves: ah
19:41:37 ThickAsThieves: didnt realize the word meant that
19:41:41 ThickAsThieves: pretty cool actually
19:41:47 mircea_popescu: hehe
19:42:05 mircea_popescu: til eh.
19:42:50 ThickAsThieves: i need to decompress now
19:42:53 ThickAsThieves: you guys...
19:43:18 benkay: wat
19:43:46 ThickAsThieves: it's like drinking with philosophers
19:43:50 ThickAsThieves: a total chore
19:43:59 benkay: consider this perspective
19:44:12 benkay: all business have always been valued in ever-decreasingly valuable fiat currency
19:44:24 benkay: you for like a few hundred years or something
19:44:29 dub: ;;stats
19:44:37 dub: ;;bc,stats
19:44:44 mircea_popescu: lmao the things he complains about
19:44:55 mircea_popescu: at least you don't have 45k in college debt for the priviledge ThickAsThieves
19:44:56 truffles: <ThickAsThieves> it's like drinking with philosophers>>> that sounds more interesting than this discussion !
19:45:32 ThickAsThieves: truffles, you'd be surprised
19:45:32 benkay: westerners always want their capital to increase
19:45:34 benkay: it's a lie
19:45:38 davout: is it just me or is forbes the landfill of internet journalism ? http://www.forbes.com/sites/timworstall/2013/05/16/it-could-be-the-bureaucrats-that-kill-bitcoin/
19:45:42 benkay: they really just want their capital to not decrease
19:45:57 ThickAsThieves: i am trying to make money
19:46:01 ThickAsThieves: like most of us i assume
19:46:07 benkay: yeah
19:46:08 mircea_popescu: davout just like any other venue.
19:46:12 benkay: without delivering value tho
19:46:25 ThickAsThieves: i deliver value
19:46:26 benkay: just by moving assets around, getting into and out of positions etc
19:46:37 ThickAsThieves: i provide a number of services
19:46:39 benkay: not to s.dice :)
19:46:43 ThickAsThieves: not to sdice
19:46:44 ThickAsThieves: hehe
19:47:03 benkay: if you don't deliver value to a company, don't expect them to deliver returns to your pocket
19:47:09 benkay: maybe your stake won't disappear in inflation
19:47:15 benkay: but don't expect to make out like a gangster
19:47:27 benkay: that happens by luck.
19:47:37 ThickAsThieves: your argument seems to result in
19:47:41 mircea_popescu: well, this is the classical smaller rocks argument
19:47:42 ThickAsThieves: dont invest in companies
19:47:42 mircea_popescu: if he
19:47:53 mircea_popescu: 's moving stuff back and forth he's providing liquidity which is still a service.
19:47:59 benkay: sure
19:48:05 benkay: there's *some* value
19:48:08 mircea_popescu: right.
19:48:20 benkay: not dismissing the role of traders and liquidity providers entirely
19:48:40 ThickAsThieves: i also help large shareholders unload their positions, small shareholders buy small stakes
19:48:41 benkay: i'm not saying don't invest
19:48:51 benkay: that's how you prevent the capital you've acquired from disappearing in inflation
19:48:52 davout: mircea_popescu: moving stuff around provides liquidity to someone but eats liquidity somewhere else, ends up neutral
19:48:54 ThickAsThieves: so i save time for some as well
19:48:55 benkay: but that shit won't make you rich.
19:49:36 davout: hmm, i guess taking liquidity is also providing liquidity at the same time
19:49:37 davout: nvm
19:49:38 ThickAsThieves: https://bitcointalk.org/index.php?topic=99497.msg2172182#msg2172182 << mp theyre about to steal your heated asic floor tiles idea too!
19:50:21 ThickAsThieves: i also provide information
19:50:31 benkay: monetize that, man
19:50:44 ThickAsThieves: and soon I will be sponsoring other people's efforts as well
19:50:51 ThickAsThieves: that are providing services
19:51:04 ThickAsThieves: impact is important to me
19:51:09 benkay: that sounds like value
19:51:30 benkay: unlike buying into ipos
19:51:40 benkay: now if you take those things to ipo, you too can make out like a bandit
19:51:42 ThickAsThieves: and you'd be surprised the money that can be made moving stones around
19:52:28 ThickAsThieves: also likely surprised at the impact good marketing can have on exposing your services
19:52:38 ThickAsThieves: but i digress
19:52:40 ThickAsThieves: i guess
19:52:47 benkay: oh no i agree w/r/t marketing
19:53:07 benkay: and i'm not surprised that it's possible to make money shuffling things around
19:53:10 benkay: see it erryday
19:53:13 ThickAsThieves: most here seem to think marketing is purely about spin
19:53:17 mircea_popescu: the funny thing is on one hand i told everyhone when they were here to be defensive players
19:53:29 mircea_popescu: and now you're getting all excited cause erik is playing a lot of defense
19:53:48 ThickAsThieves: not true mp
19:54:01 ThickAsThieves: my complaints pre-date this US website stuff
19:54:06 ThickAsThieves: several times over
19:54:10 mircea_popescu: ok but consider : bfl did a lot of marketing
19:54:14 mircea_popescu: mtgox did a lot of marketing
19:54:18 ThickAsThieves: well
19:54:21 mircea_popescu: starting to see a lot of pattern ?
19:54:22 ThickAsThieves: you have to deliver as well
19:54:38 benkay: they have also made out with shittons of money
19:54:43 ThickAsThieves: indeed
19:54:44 ThickAsThieves: but
19:54:45 mircea_popescu: heck, coin* did a lot of marketing
19:54:48 mircea_popescu: benkay seriously ? what ?
19:54:51 ThickAsThieves: bfl did not provide value
19:54:58 ThickAsThieves: nor did they deliver
19:54:59 mircea_popescu: anything under 1bn is a joke, i hope we're clear.
19:55:02 ThickAsThieves: now imagine
19:55:02 benkay: bfl and gox are rolling in it!
19:55:05 benkay: oh fine
19:55:07 ThickAsThieves: if bfl had good marketing
19:55:09 ThickAsThieves: and delivered
19:55:15 ThickAsThieves: AM would be dead already
19:55:18 mircea_popescu: for the sort of position, for the sort of circumstance, 1 bn is a joke.
19:55:23 ThickAsThieves: or at least half-dead
19:55:39 truffles: 1 billion ?
19:56:31 mircea_popescu: benkay consider : myspace sold itself for a bn. back a decade ago, before the qe. groupon's COMPETITOR is valued north of 3bn, after shedding a lot of valuation.
19:56:35 mircea_popescu: what are these things ? what do they do ?
19:56:42 mircea_popescu: nothing compared.
19:56:50 benkay: let me clarify: for scammers who advertise well, they made out like bandits.
19:56:55 ThickAsThieves: i always called groupon as useless
19:56:56 mircea_popescu: sure.
19:57:06 ThickAsThieves: they provided a service, to early investors
19:57:11 ThickAsThieves: thats about it
19:57:28 ThickAsThieves: otherwise they gutted small business
19:57:43 mircea_popescu: myeah.
19:57:47 mircea_popescu: was sad really.
19:57:54 mircea_popescu: same exact business model as the airbnb thing
19:58:00 benkay: wat
19:58:02 mircea_popescu: gutting lease people.
19:58:11 benkay: lease people?
19:58:19 mircea_popescu: it's getting disgusting to watch, all these "businesses" into mass-gutting
19:58:29 mircea_popescu: benkay yes. it is against your lease pretty much everywhere to sublet
19:58:32 mircea_popescu: especially to transients
19:58:52 mircea_popescu: it is against city ordinances too , in most metro areas.
19:59:07 ThickAsThieves: my mom sent me this email today: "Subj: Klout.com - I just saw a thing on Nightline about it. Kinda like Linkedin I think....only they rate you with a number...not for me...lol....but I am curious what you think about it...?"
19:59:10 ThickAsThieves: makes me mad
19:59:37 mircea_popescu: klout is kinda funny, keeps sucking my cock. "o, you've been retweeted 67 times this week. average uis 6"
19:59:42 mircea_popescu: bla bla bla. clikc more please.
20:00:01 ThickAsThieves: like wtf is nightline now, product placement?
20:00:11 benkay: yeah but screw those ordinances, mp
20:00:24 benkay: they were all put in place to drive the boarding houses out of business
20:00:31 mircea_popescu: right-o.
20:00:45 mircea_popescu: so basically the model is, fuck your relationship with your landlord and the city hall
20:00:52 mircea_popescu: so -2-3k
20:00:57 benkay: my lease allows for subletting
20:01:01 mircea_popescu: and out of it we extract 50 bux and you can have 20
20:01:17 benkay: and the city halls rules benefit hotel owners at my expense
20:01:20 benkay: classic cartel shit
20:01:25 mircea_popescu: not really.
20:01:39 mircea_popescu: i wouldn't want to live next to some random penny-ante inkeeper in his mind.
20:02:01 benkay: with modern reputation tracking tools he'd be out of business rather quickly i imagine
20:02:07 mircea_popescu: freedom is great for rural areas. to live in a city you must necessarily be very, very submissive.
20:02:29 mircea_popescu: the only way people can pack that tight : everyone washes, everyone moves slowly etc
20:02:39 benkay: only true recently, though. see paris, london, rome?
20:03:30 benkay: washing is overrated; an artifact of the "smell good" industry.
20:03:38 mircea_popescu: lolk
20:03:48 benkay: that said, demand it of all partners.
20:04:00 mircea_popescu: even earlier. pick a time and place, they had some sort of town screwdown.
20:04:12 benkay: screwdown?
20:04:18 mircea_popescu: heck, you weren't even allowed in medieval german towns unless you were a burgher
20:04:31 davout: what is this washing thing everyone keeps talking about
20:04:41 mircea_popescu: actually something like that i'd like to see. costs you 100k a year to live in London. tyou don'ty like it, move to wolverhampton
20:04:52 mircea_popescu: and if you want to be a great burgher, 1.5mn
20:05:14 benkay: i did enjoy new york, but i couldn't swing the burgher's fee.
20:08:22 mircea_popescu: awell.
20:11:35 benkay: powerful motivator, those sparkly lights.
20:11:47 benkay: subject of, i recommend the new Gatsby flick.
20:12:10 davout: would you donate if vim displayed a bitcoin address on its splash screen ? (got a reply from bram molenaar after emailing him about it)
20:14:47 benkay: hahaha
20:14:56 mircea_popescu: maybe.
20:20:18 WILLdude: Hello
20:20:26 benkay: 'lo sir
20:21:13 mircea_popescu: u no come to disturb.
20:23:51 davout: ok, i'll push it, i'll promise a 5 BTC donation, can I tell him I have already some folks who committed to donating ?
20:25:39 Bunnyh: it might take a while until i get to see that address in debian stable. even a 0.01 BTC donation should be huge then
20:26:45 benkay: why not, davout?
20:26:46 davout: who knows, it could be in ubuntu pretty fast
20:26:55 benkay: just tell him you have 5btc line up
20:26:59 benkay: lined*
20:27:01 benkay: heck
20:27:03 davout: benkay: these are mine :-)
20:27:04 benkay: offer it as abounty
20:27:26 benkay: yeah i ain't gonna
20:27:45 benkay: honestly i'd rather donate to tim pope
20:28:03 davout: benkay: that's fine :) just looking to promise him some sexier amount with the help of some other bitcoin-tards
20:28:18 benkay: but that's neither here nor there. the point is to put a bitcoin tip address on all of the splash screens amirite?
20:35:49 davout: benkay: the point is to help molenaar to help the kids from uganda and at the same time spread the bitcoin love to all the geeks that use vim
20:50:49 truffles: oh is it split time
20:51:18 ThickAsThieves: hey mp, I got a reply from CampBX
20:51:21 ThickAsThieves: about the MSB#
20:51:25 ThickAsThieves: "We have received this question a lot, and the direct answer is that our application is under review by FinCEN. However to be honest compliance is far more complicated so boiling it down to FinCEN check box is overly simplistic."
20:51:55 davout: also they'd need to register in all 50 states, which is horribly expensive
20:55:14 mircea_popescu: mkay so what's the #
20:55:26 ThickAsThieves: do you get a nuber for applying?
20:55:45 ThickAsThieves: number*
20:55:54 mircea_popescu: well of course
20:56:09 mircea_popescu: how do they know they're under review ?
20:56:32 mircea_popescu: got a brick through the window scribbled in lipstick with "your application is under review, don;'t call us we'll call you" ?
20:56:48 ThickAsThieves: that's what i assumed
20:57:00 ThickAsThieves: bricks are no good here?
20:57:05 mircea_popescu: yeah it's how it normally works.
20:57:14 jurov: means fincen received the application and preemptively lost/misfiled it
20:57:47 mircea_popescu: lol. anyway.
20:58:34 mircea_popescu: anyway, funny. "are you a doctor ? " "yes i am" "where's your diploma ?" "Well i'm in school and really being a doctor is more of a philosophical point
20:58:44 mircea_popescu: boiling it down to the diploma checkbox is terribly simplistic"
21:00:39 jurov: whats with these americans. karpeles uses existing company to move money and thinks it will be fine
21:01:01 jurov: cuz the company was not doing it before, so all shall be fine
21:01:23 ThickAsThieves: is Mark american?
21:01:32 ThickAsThieves: he seems awfully foreign
21:01:37 ThickAsThieves: other than all the pizza
21:02:29 ThickAsThieves: no bulbul
21:02:33 ThickAsThieves: no campbx
21:02:41 davout: look for bitinstant
21:02:45 davout: you'll find them
21:02:50 davout: the form is real :D
21:03:25 ThickAsThieves: bitfloor is there
21:04:03 davout: vim donations thread : http://bitcointalk.org/index.php?topic=207559.new#new
21:04:06 ThickAsThieves: ;;tslb
21:04:10 ThickAsThieves: ;;bc,stats
21:04:25 ThickAsThieves: ;;nethash
21:04:30 mircea_popescu: it dropped ?!
21:04:45 ThickAsThieves: it was too new
21:04:49 ThickAsThieves: to be accurate
21:04:51 ThickAsThieves: before
21:04:58 ThickAsThieves: ;;estimate
21:05:11 ThickAsThieves: or
21:05:14 ThickAsThieves: it dropped
21:05:15 ThickAsThieves: :/
21:05:20 jurov: any prediction for difficulty for July 17?
21:05:38 ThickAsThieves: likely AM will be mining at 250TH by then
21:05:52 ThickAsThieves: likely Avalon batch 2 will have shpped as well
21:06:09 ThickAsThieves: also possible some avalon chips will be in use
21:06:23 ThickAsThieves: my prediction: quite high
21:06:27 WILLdude: Hello
21:06:46 ThickAsThieves: oh
21:06:57 ThickAsThieves: i almost forgot BitFury
21:07:03 ThickAsThieves: masters of the universe
21:08:18 jurov: ThickAsThieves: would you buy iDiff-O July shares at 0.18?
21:08:41 ThickAsThieves: hmm
21:08:48 ThickAsThieves: i'd need to run the numbers
21:08:51 ThickAsThieves: but possibly
21:09:10 ThickAsThieves: what date
21:09:15 jurov: July 17
21:10:09 ThickAsThieves: so 5 or 6 diff changes
21:10:42 ThickAsThieves: yeah
21:10:47 ThickAsThieves: i'd probly buy
21:11:53 jurov: ok, there won't be many at that price, i'll let know when i'm done
21:12:01 ThickAsThieves: i'm tied up
21:12:06 ThickAsThieves: atm
21:12:41 ThickAsThieves: would need 4-12hrs
21:37:07 Namworld: Would like to bulk buy a bit of SatoshiDice shares if anyone is selling at a discount.
21:38:17 jurov: lol they are already selling at a discount
21:39:13 jurov: and what about G.MPOE? i'm slowly taking over the passthrough just by virtue of having sole bid at 0.00055 :D
21:44:35 Namworld: jurov: I mean if someone wanted to sell a larger amount at current bids.
21:44:45 Namworld: There's not a lot of depth
21:44:54 Namworld: and I can't put my BTC everywhere
21:45:08 Namworld: So I need to kno on if it's direct or a PT
21:46:47 jurov: hm, okay
22:32:18 inhies: ThickAsThieves: why your shares so high on havelock
22:32:20 inhies: geez man
22:37:51 ThickAsThieves: people keeping buying them
22:37:58 ThickAsThieves: most of those asks arent even me!
22:37:59 davout: ;;gpg eauth davout
22:38:46 davout: ;;gpg everify freenode:#bitcoin-otc:33527822c4e878cb911948a043fefaf86b790e179a148dbb567ee12b
22:38:51 Scrat: gj davout
22:39:05 davout: Scrat: what
22:39:13 Scrat: nuffin
22:39:18 davout: am i supposed to msg gribble ?
22:39:27 Scrat: yep
22:39:30 davout: lol
22:39:37 Namworld: Preferably
22:39:44 davout: lol sorry for the noise
22:39:46 jcpham: ;;ident davout
22:39:48 Scrat: but i guess it doesn't matter since assbot is spamming this channel 24/7
22:39:56 jcpham: ;;gettrust davout
22:39:56 Scrat: ;;ident jcpham
22:40:18 jcpham: ;;getrating davout
22:40:36 davout: i don't use otc enough
22:40:56 jcpham: ;;rate davout 1 yep
22:41:17 davout: hah thanks, but why do you even rate me ? :-)
22:42:00 jcpham: you can't stop the flow
22:42:05 davout: jcpham: LOL
22:42:13 jcpham: don't try
22:42:20 jcpham: :)
22:43:20 jcpham: mostly because i've read a good bit of your posts on the forum and i know how intelligent you are
22:44:11 davout: jcpham: it's actually my wife writing all the intelligent posts, i just maintain the asshole-ness level over 9000
22:44:40 jcpham: nice
22:44:48 davout: but thanks it's nice of you to day that :-)
22:46:19 davout: s/day/say/
22:46:24 davout: gribble: Error: "yo" is not a valid command.
22:46:33 davout: i suck at this x)
23:26:29 KRS1: LTC is on GOX now?
23:27:10 Bugpowder: where?
23:30:50 KRS1: i see it in the api
23:30:55 KRS1: but no interface
23:31:15 ThickAsThieves: its been in the api for a long long time
23:31:23 ThickAsThieves: since before april fool's day
23:31:29 ThickAsThieves: when this whole hoopla began
23:32:28 ThickAsThieves: ok, maybe not a long long time
23:32:36 ThickAsThieves: but since before litecoiners noticed
23:33:40 Namworld: it's been on the api for a long while
23:33:44 Namworld: but not implemented yet
23:33:55 Namworld: It was planned like a long time ago
23:34:02 Namworld: Like in April I think
23:34:09 Namworld: But got put aside
23:34:21 Namworld: Instead gox improved their platform
23:34:28 Namworld: so it lags less now
23:36:41 taub: asks are getting pulled
23:50:52 Bugpowder: taub asks are getting eaten
23:55:40 taub: or that
23:56:06 taub: havent been paying attention to the close range book, just the overall sums
23:57:39 taub: yes you're right :)