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Transcript for 18-08-2014, 1421 lines:

00:00:25 decimation: X-Rob, that's pretty neat to have a freepbx dev here. There needs to be some method to move some of this onto shortwave

00:06:22 TheNewDeal: ragnar, do you buy any btc at all? The localbitcoin prices around here are like 105% bitstamp minimum, more like 110% for anyone with some feedback

00:07:05 RagnarDanneskjol: sure, I'm always buyin too

00:07:09 ThickAsThieves: too bad i live in fl, sounds like a good living

00:07:51 assbot: weex +v failed; L1: 0, L2: 0

00:08:11 mircea_popescu: TheNewDeal that's the situation universally. i keep getting offered in excess of 110% by ppl looking to buy.

00:08:13 mircea_popescu: !up weex

00:08:20 weex: thanks mircea_popescu

00:08:28 ThickAsThieves: is that new? assbot reporting failed auth?

00:08:34 mircea_popescu: so what's all this stuff on the forum ?

00:08:36 weex: been a while since i was rated for anything

00:08:39 mircea_popescu: ThickAsThieves nah.

00:09:35 RagnarDanneskjol: I have a good relationship with these guys, they tend to offer me descent rayes to buy or sell: http://comps.biz

00:09:35 assbot: galimi on LocalBitcoins.com

00:09:40 TheNewDeal: I'm confused though, I would figure there would be a discount on cash

00:10:05 RagnarDanneskjol: nope, is the time and service you're payin for

00:10:34 ThickAsThieves: and the tax avoidance prolly

00:10:44 RagnarDanneskjol: yea that too

00:10:52 dignork: TheNewDeal: also for potential somewhat anonymity

00:10:55 TheNewDeal: they're avoiding tax with the sale though as well

00:11:48 mircea_popescu: cash is generally a liability when compared to bitcoin.

00:12:06 mircea_popescu: the thing with it is that it's a minor liability, when compared to major liabilities such as banking pseudobux.

00:12:11 BingoBoingo: lulzy convo http://bitcoinstats.com/irc/bitcoin-dev/logs/2014/08/17#l1408237255

00:12:12 assbot: BitcoinStats

00:12:24 mircea_popescu: however, the only people who accept the latter are people who also have some sort of insulation in place, so they don't actually care.

00:12:40 mircea_popescu: which is how cash ends up paradoxically undiscounted.

00:13:23 ThickAsThieves: i was thinking about how bitcoin exchange scam stories will never end really

00:13:37 ThickAsThieves: the power to make bitcoins will only get more and more tempting

00:14:25 ThickAsThieves: by exchange, i mean websites, not localb

00:14:57 ben_vulpes: "when they do work for it they roughly feel so used." << oh god its so rough

00:15:56 mircea_popescu: lol check out my aznenglish

00:19:32 ben_vulpes: the usage...

00:19:50 ThickAsThieves: lol bitfinex just increased leverage from 2.5 to 3

00:20:16 ThickAsThieves: just after the longs got shook down a day ago

00:20:35 mircea_popescu: that thing looks shaky as fuck.

00:20:43 mircea_popescu: they just mostly failed a round of looking for moneyz i hear.

00:20:55 ThickAsThieves: interesting

00:21:01 ThickAsThieves: they also hired mjr

00:21:09 mircea_popescu: that was a while ago apparently.

00:21:14 BingoBoingo: Oh, that's in the lawgz

00:21:22 mircea_popescu: anyway, lots of "failed to close financing" stories begin to pop up.

00:21:29 ThickAsThieves: i have sinned, not read logs for like 5 days

00:21:30 mircea_popescu: past few weeks or so.

00:21:45 mircea_popescu: stop living a normal human life ThickAsThieves

00:22:06 ben_vulpes: cannot be normal and deep in bitcoin

00:22:28 ThickAsThieves: it wasnt even a normal human life, i just kinda needed to shut out even more of the world for a bit

00:23:35 RagnarDanneskjol: these long annotations exceeding blogged content are rather marvelous

00:23:40 RagnarDanneskjol: "Sure the super-heroine that cooks very well, enjoys her bukkake work and is a F1 pilot by day could exist, just like the sharpshooter specialist in classical Greek literature with a side of stockbrokering could exist. The odds however are too one in ten trillion for the mere ten billion population of the planet to provide. We have enough trouble getting eleven people together that can w

00:23:40 RagnarDanneskjol: ell chase a leather ball, let alone these sorts of SF works."

00:23:48 BingoBoingo: ;;ud NORP

00:23:49 gribble: http://www.urbandictionary.com/define.php?term=NORP | NORP. Acronym for "Normal Ordinary Respectable Person." Used as a pejorative by those who consider themselves part of the counterculture. "This party ...

00:23:52 mircea_popescu: X-Rob 20 months is roughly 8 weeks and 2/3rds so how about nine weeks!

00:23:59 RagnarDanneskjol: re - univ jammer: http://mwrf.com/systems/analyzing-active-cancellation-stealth

00:24:00 assbot: Analyzing Active Cancellation Stealth | Systems content from Microwaves & RF

00:24:13 mircea_popescu: 2 months*

00:25:02 X-Rob: mircea_popescu: 9 wedeks.

00:25:04 X-Rob: Sure

00:25:06 X-Rob: mircea_popescu: sure, sorry

00:25:12 X-Rob: (was just asked to make it public)(

00:25:22 mircea_popescu: ok, so start tomorrow or w/e it expires, BingoBoingo gives you details, i'll pay you in advance for first week

00:25:23 mircea_popescu: addy ?

00:25:25 X-Rob: mircea_popescu: ok, 9 weeks, 2BTC for AusMiner-3

00:27:07 ThickAsThieves: is this payment to mine ATC or ?

00:27:13 mircea_popescu: ys.

00:27:39 ThickAsThieves: for WoL, or?

00:27:42 mircea_popescu: ThickAsThieves http://fraudsters.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/ this is for you.

00:27:45 ThickAsThieves: the motherland?

00:28:01 mircea_popescu: well you made a broken scamcoin i'm stuck rescuing >.<

00:28:18 assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/0JSYD75.txt )

00:28:18 BingoBoingo: !b 2

00:28:21 ThickAsThieves: i'll chip in if the ATC end up somewhere agreeable

00:28:30 X-Rob: mircea_popescu:1xrobauEmhLwVnTmLbs6M92n1xGFAFbgq is my address, and you're comitting to pay to that address .22BTC per week for 9 weeks, for a total of 1.98BTC. First payment will be within 24 hours, and then every 7 days after that. If you miss a payment, the deal is void, and I'll feel really annoyed, as I'm leasing below cost now, to average the price.

00:28:40 mircea_popescu: ThickAsThieves http://log.bitcoin-assets.com/?date=16-08-2014#798601 also relevant to your interests.

00:28:40 assbot: #bitcoin-assets log

00:29:08 BingoBoingo: They end up in MPIF ThickAsThieves

00:29:15 mircea_popescu: ill make it .24 for the first one so it comes out to an even 2 btc.

00:29:17 assbot: [MPEX] [S.MPOE] 7250 @ 0.00071254 = 5.1659 BTC [-]

00:29:42 ThickAsThieves: ah word

00:29:58 ThickAsThieves: once again, i'm useless

00:30:02 mircea_popescu: ThickAsThieves you can rent his other rig for a few hours to help cut through the current glut.

00:30:11 mircea_popescu: rather than getting depressed for no reason.

00:30:15 ThickAsThieves: lol

00:30:26 X-Rob: Rig is currently leased for another 15 hours - http://i.imgur.com/ROf8FAl.png

00:30:51 X-Rob: And I need to find out why the big one is slow.

00:30:57 mircea_popescu: ah the 12.7th hthing is idle ?

00:31:52 decimation: X-Rob: do you generally find that you can lease your rig for more than what the forecasted average payback should be? (on a per megahash per day basis)

00:32:09 X-Rob: decimation: yes. always. But that's because I provide a guaranteed hashrate, and I know what I'm doing.

00:32:35 X-Rob: I normally aim for 10% above theoretical

00:32:52 decimation: The mind reels. I guess people are willing to pay a premium for virgin coin?

00:32:57 X-Rob: and I idle against p2pool, too, which is almost always at 105% luck

00:33:07 X-Rob: decimation: It rarely mines btc.

00:33:41 decimation: I guess if you rent enough solo-mine capacity it becomes a casino game

00:33:53 X-Rob: I have found a couple of blocks for solo miners.

00:34:06 X-Rob: I found a 101G block, for a gujy who was solo mining.

00:34:10 mircea_popescu: X-Rob how much do you like mining anyway ?

00:34:14 X-Rob: that was pretty damn awesome.

00:34:37 X-Rob: mircea_popescu: I'm more of an engineer. I like setting it up and doing all the management

00:34:50 X-Rob: Actually ending up with coins is just the end result.

00:35:02 X-Rob: I have more fun with network design 8)

00:35:02 ThickAsThieves: nice

00:35:03 mircea_popescu: that's like, the one type this chan was missing, someone who actually enjoys that part.

00:35:07 decimation: seems like a surprisingly profitable business actually

00:35:28 X-Rob: Nah

00:35:39 X-Rob: It's just not as MUCH of a suckers bet as mining btc

00:35:44 ThickAsThieves: Altcoin brings new blood to the chan too

00:36:36 BingoBoingo: ThickAsThieves: But only when it's dying

00:36:37 decimation: X-Rob: what do you pay for electricity there in australia?

00:36:49 ThickAsThieves: antifragility, baby!

00:37:42 BingoBoingo: ;;rate X-Rob 1 He's going to point his hash somewhere

00:37:44 gribble: Rating entry successful. Your rating of 1 for user X-Rob has been recorded.

00:37:56 BingoBoingo: ;;unrate X-Rob

00:37:57 gribble: Successfully removed your rating for X-Rob.

00:38:00 X-Rob: BingoBoingo: IT'S 'XROBAU'

00:38:02 X-Rob: wups

00:38:04 X-Rob: new keyboard

00:38:04 X-Rob: thanks

00:38:28 BingoBoingo: ;;rate xrobau 1 Going to point his hash, issues corrections

00:38:30 gribble: Rating entry successful. Your rating of 1 for user xrobau has been recorded.

00:38:41 X-Rob: decimation: A lot, but, I happen to have a power generation station as a customer, and I have a couple of racks in their computer room that I get for free.

00:38:52 mircea_popescu: lawl.

00:39:03 decimation: heh that makes it good business then

00:39:07 mircea_popescu: embedded fucking systems, a bitcoin story.

00:40:08 assbot: Last 4 lines bashed and pending review. ( http://dpaste.com/3562SYG.txt )

00:40:08 BingoBoingo: !b 4

00:42:30 assbot: [MPEX] [S.MPOE] 21650 @ 0.0007136 = 15.4494 BTC [+]

00:43:23 ThickAsThieves: "There’s Bitcoin and that’s it, because there can only be one. All the rest of the crap exists only inasmuch as a) it stays theoretical or b) it stays small enough nobody cares. Where a) and b) are only distinct in the derp point of view, otherwise they’re the same thing."

00:43:36 ThickAsThieves: Then why fund mining ATC?

00:43:48 ben_vulpes: lulz

00:44:38 mircea_popescu: cuz i can.

00:44:54 ThickAsThieves: i find myself saying that more often lately

00:45:01 decimation: ThickAsThieves: because controlling the alternatives demonstrates power

00:45:20 mircea_popescu: decimation alternatively, how would you distinguish between atc and btc ?

00:45:30 mircea_popescu: an exact clone with a financial bridge. what is the distinction ?

00:45:43 decimation: technically not so much. only which is first in time

00:46:05 ThickAsThieves: and we haz no Altcoin Core Developers

00:46:06 mircea_popescu: atc is strategically important because take for instance the link ThickAsThieves dropped from -dev earlier.

00:46:07 ThickAsThieves: :)

00:46:26 ThickAsThieves: i think you mean Bingo's link

00:46:28 mircea_popescu: so here is a "witness" bitcoin, v 0.6 and there is your "improved" 0.10 (lulzy that it's not 1.0 anymoar)

00:46:33 mircea_popescu: ThickAsThieves ah yes my bad.

00:46:38 decimation: right, so it's a parachute as well

00:47:00 ben_vulpes: http://otakugangsta.com/post/95026643800

00:47:01 assbot: OTAKU GANGSTA

00:47:03 mircea_popescu: decimation more a witness. "so what is the net benefit of all your monkeying ? what doom have you avoided, what riches brought on ?"

00:47:04 ThickAsThieves: I'm the Altcoin Chief Scientist

00:47:16 ThickAsThieves: take that Gavin

00:47:44 decimation: indeed, memorializing Bitcoin v0.6 or whatever could serve many purposes

00:47:50 mircea_popescu: in this sense atc appreciating against btc is quite a negative signal for the power rangers.

00:48:04 mircea_popescu: ThickAsThieves which version is it even ? do you know ?

00:48:20 ThickAsThieves: i used to know

00:48:24 ThickAsThieves: pankake would know

00:48:27 ben_vulpes: %t

00:48:29 atcbot: [X-BT] Bid: 172 Ask: 221 Last Price: 170 24h-Vol: 0k High: N/A Low: N/A VWAP: N/A

00:48:30 ThickAsThieves: it might be in logs too

00:48:31 ben_vulpes: ;;ticker

00:48:33 gribble: Bitstamp BTCUSD ticker | Best bid: 506.53, Best ask: 509.89, Bid-ask spread: 3.36000, Last trade: 510.0, 24 hour volume: 10382.96421929, 24 hour low: 485.39, 24 hour high: 524.8, 24 hour vwap: 501.785089495

00:48:40 ThickAsThieves: and source is on github

00:48:44 mircea_popescu: decimation aren't you impressed with two idiots that don't even know wtf version they cloned

00:48:53 mircea_popescu: eventually outperforming the "scientists" and "foundations" and whatnot ?

00:49:00 ThickAsThieves: at least i'm not on NSA payroll!

00:49:09 mircea_popescu: exactly.

00:49:37 assbot: [MPEX] [S.MPOE] 38785 @ 0.00071218 = 27.6219 BTC [-] {4}

00:50:01 mircea_popescu: X-Rob 155b26aa0cb0f83f78dd8226bebf104a27f0f03c099f6a9ed690cd7028554822

00:50:08 X-Rob: mircea_popescu: fyi, just running a test of the big rig against that pool

00:50:22 mircea_popescu: and btw, if you don't get paid come and bitch, you're definitely getting paid just i may forget.

00:50:38 assbot: [MPEX] [S.MPOE] 13715 @ 0.00071168 = 9.7607 BTC [-]

00:51:39 assbot: [MPEX] [S.MPOE] 9055 @ 0.00071368 = 6.4624 BTC [+] {2}

00:52:27 decimation: that's a depressing conversation. THey would have a point of reference if someone actually documented the protocol.

00:52:46 mircea_popescu: derp.

00:52:53 mircea_popescu: welcome to 2012.

00:53:32 ThickAsThieves: i remember when they forked, and there was outcry for documentation after

00:53:58 ThickAsThieves: that was like a year ago

00:54:07 ThickAsThieves: more

00:54:22 mircea_popescu: yeah, a year after i had been beating them over the head at every turn to fucking do it for like a year BEFORE that.

00:54:37 mircea_popescu: fucktards. but anyway.

00:54:44 mircea_popescu: the war that is with the gear you got.

00:55:24 BingoBoingo: %p

00:55:34 atcbot: [CoinMiner Hashrate]: 8.62 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s

00:55:56 mircea_popescu: %d

00:55:57 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 168599.82 in 1934 blocks (#46368) Est. % Change: -91.02

00:56:02 decimation: what about those guys writing the altnerative implementation? did they get their version working?

00:56:45 decimation: these guys https://opensource.conformal.com/wiki/btcd

00:56:46 assbot: btcd - ConformalOpenSource

00:56:59 mircea_popescu: decimation btcd you mean ?

00:57:13 mircea_popescu: it's moving along from what i hear.

00:57:31 mircea_popescu: definitely useful as a counterweight to hearn & co.

00:57:54 decimation: good, perhaps from this effort some documentation will rise

00:58:59 mircea_popescu: not avoidable.

01:02:10 X-Rob: mircea_popescu: ok I found a block, you should see at least one transaction against that account ID

01:02:28 BingoBoingo: X-Rob: I see it

01:02:30 mircea_popescu: %d

01:02:31 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 170331.42 in 1933 blocks (#46368) Est. % Change: -90.93

01:02:31 midnightmagic: fwiw, conformal's btcd segfaults if you sprinkle a forced garbage collection in the wrong place (wtf?), it built a block which some portion of testnet rejected and built a massive fork on over a period of a week, eventually crashing bitcoind (which perhaps suggests that it was btcd's own mining code that created the fork) and they keep taking credit for other peoples' ideas with a tremendous amount of completely unnecessary

01:02:35 X-Rob: BingoBoingo: sweet.

01:02:38 midnightmagic: hostility. :(

01:03:00 mircea_popescu: midnightmagic the hostility is very necessary.

01:03:10 mircea_popescu: the rest... myeah. still got problems.

01:05:12 midnightmagic: setting side the superior net work that cooperating small groups can produce, if they did in fact come up with those ideas their hostility for other people "stealing" them would perhaps be a tad more warranted.

01:06:04 midnightmagic: but I'm glad they have an alternative implementation running and syncing.

01:06:32 midnightmagic: we need more of those that can act as full nodes minus mining

01:06:56 mircea_popescu: cooperation is the bane of small anything. the reason afghanistan is stil a state whereas the united kingdom is a us dependency has everything to do with the mutual hostility of small groups of afghans. that aside, very little creative work is required or indeed desired in this soup.

01:07:16 mircea_popescu: losing sight of this basic concept is part of what makes the power rangers so retarded.

01:07:35 midnightmagic: i agree at that level. :) I'm talking five-ten people.

01:08:33 midnightmagic: creative cryptography is the only thing that will scale us. :(

01:10:32 *: RagnarDanneskjol sighs

01:10:37 decimation: midnightmagic: what kind of cryptographic problem must be solved?

01:11:09 *: BingoBoingo wonders is "creative locksmithing" is a thing

01:15:40 mircea_popescu: no noteworthy advance in cryptography has ever - in three thousand recorded years - the work of a group of five people, let alone ten

01:15:48 mircea_popescu: two are usually plenty, just gotta find the right two.

01:18:32 decimation: yeah, mythical man month and all that.

01:19:06 assbot: [MPEX] [S.MPOE] 8449 @ 0.00071372 = 6.0302 BTC [+] {2}

01:26:57 X-Rob: mircea_popescu: ok, when this lease is over, it should automatically switch over to that pool.

01:31:05 mircea_popescu: cool.

01:31:42 mircea_popescu: cazalla pls to pastebin k ?

01:31:52 mircea_popescu: dpaste.com pastebin.com talke your pick

01:32:14 cazalla: sure, 1 sec

01:34:20 cazalla: http://pastebin.com/VjZYNgfW

01:34:20 assbot: August 17, 2014 http://whrl.pl/Rd3hmd http://forumserver.twoplustwo.com/showpo - Pastebin.com

01:35:00 mike_c: wtf, twoplustwo is talking about ethereum now??

01:35:28 mircea_popescu: http://www.warriorforum.com/warrior-forum-classified-ads/979604-get-social-bitcoin-store-theme-huge-bonus-discount-create-your-own-ecommerce-store-today.html#post9439874 << lol i think that's what counts for major custom coding on wf, danielpbarron

01:35:29 assbot: Get Social Bitcoin Store Theme With HUGE BONUS & DISCOUNT - Create Your Own eCommerce Store Today

01:39:02 midnightmagic: ehh.. a brainstorming group of people can generate and then refine, an idea faster than a singular person working alone if the idea is complex. see BIP32 for example, which is the idea of one or two people, but was furthered and fleshed out by more than one.

01:39:34 midnightmagic: decimation: how to represent changes in the blockchain reasonably securely without having the entire blockchain available, for example

01:40:58 mircea_popescu: <midnightmagic> ehh.. a brainstorming group of people can generate and then refine, an idea faster than a singular person working alone if the idea is complex. << statement doth not equal proof.

01:41:16 midnightmagic: working on a codebase of sufficient size is not reasonably doable for a single person, even if that person is working full-time. Temporarily divergent codebases similar to, e.g. NetBSD and OpenBSD, are an excellent example of the fruits of multiple, medium-sized groups working on partially-divergent codebases who together created more in a cohesive whole than either group did on their own.

01:41:26 midnightmagic: mircea_popescu: That's why I gave an example. :)

01:41:31 mircea_popescu: this is why you split codebases into things a person can handle.

01:41:43 mircea_popescu: the original unix/linux model.

01:41:54 mircea_popescu: not some derpy dept of microsoft inspired contraptio.

01:44:22 mircea_popescu: cazalla "People like Vitalek who spout off at the mouth are going in the wrong direction and taking you with them, making themselves richer and you poorer in the process." what's more, the you+them sum is also poorer. but yeah.

01:45:16 midnightmagic: wtf is up with them anyway

01:45:25 mircea_popescu: who ?

01:45:47 midnightmagic: ethereum

01:46:29 mircea_popescu: i would submit they're past their prime and the what has already been heard of them is the most that'll ever be heard of them.

01:46:41 mircea_popescu: exactly a la neobee and it's take over cypruss paper-only revolution.

01:46:48 mircea_popescu: !up ADG_

01:46:50 midnightmagic: sooo much money

01:46:55 midnightmagic: (relatively)

01:49:04 BingoBoingo: ben_vulpes: Nice work on the venues page

01:51:25 thestringpuller: ben_vulpes: images?

01:51:27 thestringpuller: ;)

01:51:46 ben_vulpes: thestringpuller: it's coming

01:51:49 ben_vulpes: BingoBoingo: thanks

01:51:59 thestringpuller: :D

01:52:24 BingoBoingo: ben_vulpes: Payouts function coming too?

01:52:58 mike_c: ben_vulpes: login still feels buggy.. i just logged in successfully, but am now logged out.

01:53:35 []bot: Bet placed: 1 BTC for Yes on "Bitcoin over $600 before October" http://bitbet.us/bet/1025/ Odds: 92(Y):8(N) by coin, 92(Y):8(N) by weight. Total bet: 1.36983186 BTC. Current weight: 96,855.

01:54:41 copumpkin: that seems poorly worded

01:57:21 ben_vulpes: mike_c: do you recall the sequence of pages that you hit?

01:57:44 assbot: [MPEX] [S.MPOE] 14746 @ 0.00071113 = 10.4863 BTC [-] {2}

01:57:50 mike_c: i was on venue page. logged in separate tab. then clicked 'purchase ads'

01:58:04 mike_c: it said 'you're not logged in'. clicked other pages, same result.

01:58:13 mike_c: so logged in again, then it worked.

01:59:57 mike_c: also, i just bought ad for 8/18-8/19, and it is showing now.

02:00:23 BingoBoingo: !mpif

02:00:24 assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021697 B (Total: 474.46 B). Delta: -0.06 B. Last trade for F.MPIF on MPEX was at 0.00022 BTC [+]

02:00:50 mike_c: fuck, is it 8/18 already in london?

02:01:13 mike_c: ok, that one is my fault.

02:02:29 ben_vulpes: sorry gotta bail for a sec guys, but yeah utc. i'll add a callout, sry mike.

02:02:38 mike_c: no problem.

02:02:44 mike_c: 2 hour donation to vanads.

02:04:16 mike_c: feature suggestion: given text ads, simple parameters, an api would be nice.

02:13:36 ben_vulpes: i want to make an api as well!

02:14:04 mike_c: step 1: make OTP like gribble so i can curl it

02:14:11 ben_vulpes: right? :D

02:14:35 ben_vulpes: still, i have to polish this ball of mud to the point where people besides our little cult will throw money at it, and other people are willing to put its ads on their sites first.

02:15:05 mike_c: well isn't that what we're talking about?

02:16:00 ben_vulpes: ofc.

02:16:39 ben_vulpes: i still have to prioritize all the possible things to do

02:21:25 TheNewDeal: finarry

02:22:47 TheNewDeal: !s pgp

02:22:48 assbot: 520 results for 'pgp' : http://search.bitcoin-assets.com/?q=pgp

02:23:04 BingoBoingo: http://www.bnd.com/2014/08/16/3352879/us-transcom-to-send-out-teams.html

02:23:05 assbot: SCOTT AIR FORCE BASE: DOD, where's my car? Transcom searches for missing vehicles | Top Stories | News Democrat

02:23:46 mike_c: %p

02:23:55 atcbot: [CoinMiner Hashrate]: 1.42 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.49 TH/s

02:24:02 TheNewDeal: so far what I have learned from A Few Thoughts on Cryptographic Engineering: long keys are unsightly, shrink them down to a size that can be visually verified by a human

02:28:04 dignork: TheNewDeal: gpg has a fingerprint, relatively short string identifying a key, it can be visually verified by human.

02:28:44 TheNewDeal: didn't even think of that. Was a joke nonetheless

02:28:54 TheNewDeal: or more, poking fun at said article

02:31:55 RagnarDanneskjol: dood where's my car - thats good lulz

02:33:19 assbot: [MPEX] [S.MPOE] 11600 @ 0.00071377 = 8.2797 BTC [+] {2}

02:42:52 thestringpuller: dude where's my gpg key?

03:04:52 TheNewDeal: is A Wealth of Nations a good read?

03:05:36 BingoBoingo: Sure

03:05:52 ben_vulpes: <mike_c> step 1: make OTP like gribble so i can curl it << i'm leaning more towards a gpg-encrypted api; that is to say, curl -X POST -d file_with_signcrypted_order_blob.txt api.van-ads.com/v1/drinkingrecord/buy

03:06:26 ben_vulpes: i'm not *not* making you a gribble-style endpoint, just pondering aloud

03:13:40 BingoBoingo: %p

03:13:45 atcbot: [CoinMiner Hashrate]: 1.45 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s

03:13:46 BingoBoingo: %d

03:13:47 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 170384.84 in 1932 blocks (#46368) Est. % Change: -90.93

03:15:00 assbot: [MPEX] [S.MPOE] 10100 @ 0.0007105 = 7.1761 BTC [-]

03:30:55 mod6: <+mircea_popescu> WHY SO VIOLENT MOD6! << haha.

03:35:30 mod6: that was pretty funny. i just had gotten started in eulora, and hadn't figured out how to pick anything up yet. so i tried to fight it.

03:41:41 mircea_popescu: mod6 it is pretty funny

03:42:50 mircea_popescu: !up rdekley

03:43:38 mircea_popescu: TheNewDeal> is A Wealth of Nations a good read? << not bad.

03:44:12 TheNewDeal: seems like I'm getting meh reviews. On with the HG Wells then

03:45:13 mircea_popescu: "My trust in government is roughly 0% ... the problem is my faith in people and companies to get over their fear of government and change the status quo is also 0%. For that reason, even if the flaws in Bitcoin could be resolved, the fact that it exists outside of the government's control of the financial sector adds a huge element of risk. "

03:45:17 mircea_popescu: these people.

03:45:28 mircea_popescu: his faith in govt is 0% yet things not in the govt add a huge element of risk.

03:45:34 mircea_popescu: logic, for people who can't add.

03:45:44 mod6: hehehe

03:46:21 mircea_popescu: "i like saying that racism is bad to try and score chicks and i hate niggers and spics."

03:46:35 mircea_popescu: "i have no trust in government and anything not the government is mean and bad."

03:47:32 assbot: [MPEX] [S.MPOE] 19900 @ 0.00071058 = 14.1405 BTC [+]

03:48:16 TheNewDeal: I like the ring of that

03:48:19 mircea_popescu: mad props for reducing the whole story to the familiar form of the ron paul debate tho. "the flaws in bitcoin" and "people do things"

03:48:29 mircea_popescu: meanwhile, bitcoin is flawless and nobody needs to do anything whatsoever

03:49:30 TheNewDeal: I wonder if someday these people will be forced into understanding, or continue to be galavanting neurosis

03:49:41 mircea_popescu: here's an element of risk : visa misplaces something to the tune of 1k payments EACH MONTH.

03:49:52 mircea_popescu: total btc payments that didn't go where they were supposed to or got lost to date ? 0.

03:50:06 mircea_popescu: that's an infinity of orders of magnitude better, or as many as you can count. flaws in bitcoin my left foot.

03:50:09 ben_vulpes: pshaw

03:50:33 ben_vulpes: perhaps an academic distinction, but the people misfire all the time

03:50:44 mircea_popescu: purely academic.

03:51:00 mircea_popescu: im not discussing the millions of txn that get misfired on the ccs.

03:53:38 assbot: [MPEX] [S.MPOE] 11851 @ 0.0007117 = 8.4344 BTC [+] {2}

03:56:01 BingoBoingo: ;;gettrust ben_vulpes

03:56:01 gribble: Currently authenticated from hostmask ben_vulpes!~user@unaffiliated/benkay. Trust relationship from user BingoBoingo to user ben_vulpes: Level 1: 3, Level 2: 12 via 9 connections. Graph: http://b-otc.com/stg?source=BingoBoingo&dest=ben_vulpes | WoT data: http://b-otc.com/vrd?nick=ben_vulpes | Rated since: Sun Mar 10 13:57:45 2013

03:56:23 danielpbarron: !up usagi

03:57:21 usagi: thanks

03:57:30 usagi: I'll be back in a second, some contractors are over here now

03:58:01 danielpbarron: only got 30 minutes; every second counts..

03:58:19 TheNewDeal: usagi's in the house!

03:58:26 TheNewDeal: !s usagi

03:58:27 assbot: 1457 results for 'usagi' : http://search.bitcoin-assets.com/?q=usagi

04:04:22 BingoBoingo: !up RagnarsBitch

04:04:33 BingoBoingo: !up RagnarDanneskjol

04:05:23 usagi: Yeah I haven't been here in 9 months

04:05:38 usagi: I've been busy. But today is a big day :)

04:05:58 TheNewDeal: new scams on the horizon?

04:05:58 usagi: A red letter day

04:06:18 usagi: TheNewDeal; Hmm, well I don't really follow the securities forum anymore

04:06:28 usagi: Wouldn't klnow

04:06:45 TheNewDeal: what were you involved with?

04:07:14 usagi: Well I ran TU.SILVER, BMF, etc.

04:07:41 TheNewDeal: what happened, if you could give me the tldr

04:07:46 usagi: Sure

04:07:58 usagi: I'm getting the funny feeling you are insinuating I've been scamming without actually knowing what went on

04:08:17 usagi: I don't think you're cutting me a fair deal. That's also fair in a way, I can't make you like me. But don't waste my time kay

04:08:19 TheNewDeal: It was mostly a joke

04:08:30 usagi: Hehe

04:08:33 Duffer1: is internet, hate first, question later

04:08:34 Duffer1: :P

04:08:48 usagi: Well basically I ran Tu.SILVER on bitfunder, and when bitfunder closed down I had to ship everyone their silver

04:09:09 TheNewDeal: part of the agreement from the gitgo?

04:09:21 ben_vulpes: ;;ud gitgo

04:09:21 gribble: http://www.urbandictionary.com/define.php?term=gitgo | Slang term referring to the very beginning of any sequence or time frame. I knew Bush would be a nightmare from the gitgo! by Feets_dont_fail_me_now October  ...

04:09:25 usagi: The deal with TU.SILVER is the same as with BMF. It never wanted to close, but it did because the exchange folded. In TU.SILVER's case, we were a depository. So there are still a few customers who have not requested their silver

04:09:40 usagi: I have about 20oz or so lying around belonging to others

04:09:59 TheNewDeal: dibs

04:09:59 ben_vulpes: ;;gettrust usagi

04:10:01 gribble: Currently authenticated from hostmask usagi!~tsukino22@unaffiliated/tsukino. Trust relationship from user ben_vulpes to user usagi: Level 1: 0, Level 2: -5 via 5 connections. Graph: http://b-otc.com/stg?source=ben_vulpes&dest=usagi | WoT data: http://b-otc.com/vrd?nick=usagi | Rated since: Mon Jun 18 12:33:55 2012

04:10:18 usagi: The other side of the coin is over here on #assets

04:10:31 usagi: If you have been here for any length of time you are aware the regulars here like to name drop that I am a scammer

04:10:40 TheNewDeal: most definitely

04:10:42 usagi: It's a bunch of horeshit, but it is what it is.

04:11:21 TheNewDeal: not sure about your case in particular, but they usually can smell a scam out before it stinks

04:11:46 usagi: In this case, mircea popescu personally does not like me because I can out-talk him.

04:11:57 usagi: So he put me on ignore and that's that, I'm never getting out of this prison

04:11:59 TheNewDeal: oooh that's a bold statement

04:12:15 TheNewDeal: can you out think him?

04:12:23 usagi: We all have our specialities

04:12:47 TheNewDeal: If I were a scammer, I know which one I would prefer

04:13:06 usagi: To be honest the main reason I dont come here so often is because it is a waste of time :/

04:13:25 usagi: Very few of my business ever came from IRC, and all of the negativity did

04:13:27 TheNewDeal: gotta compare the opportunity cost

04:13:30 usagi: I've made much more avoiding it

04:13:51 usagi: Besides I deal in physical things, real estate, and education -- these are not the sort of businesses that get funding here

04:14:04 danielpbarron: you have no idea

04:14:23 usagi: Well yeah you're right. I havent been around for a long time :)

04:14:54 TheNewDeal: you do have a fair amount of wot data, which is always nice

04:15:15 usagi: Well WOT is an interesting subject.

04:15:30 usagi: MP himself has written a number of interesting articles about it. Gotta hand it to the man he is educating people somewhat

04:15:32 danielpbarron: ;;rated usagi

04:15:32 gribble: You rated user usagi on Sun Aug 17 10:48:58 2014, with a rating of -2, and supplied these additional notes: https://twitter.com/UsagiMeijin ; doesn't know how to WoT http://bitcoinstats.com/irc/bitcoin-otc/logs/2014/08/17#l1408286607.

04:15:33 TheNewDeal: who is anduck?

04:15:50 usagi: I did an insurance contract with anduck about 2 years ago iirc

04:16:14 usagi: The funny thing about wot is it is actualy disproving some of the crap people like bingoboingo have said about me

04:16:39 usagi: They put so much faith in the system, yet seem blind to what it is telling them.

04:17:28 TheNewDeal: I had the impression that WOT doesn't tell you something, it merely points you in the direction of people to talk to in order to format an opinion

04:17:50 usagi: thenewdeal; So if you talked to everyone I have a rating with, what would you see

04:17:56 usagi: You would see that everyone I do business with likes me

04:18:06 usagi: but that there's a small clique of people on #assets that hate me because bitcoin

04:18:10 TheNewDeal: or you do business with other scammers?

04:18:21 TheNewDeal: I just took a glance, I haven't talked to anyone

04:18:22 danielpbarron: hey, you got people's attention; now if you start doing something that's good for Bitcoin, maybe it'll turn into good attention

04:18:23 usagi: Well, check it out

04:18:27 BingoBoingo_: usagi: You are the most dangerous kind of Idiot, because you seem to sincerely believe that your good intentions make up for all of your poor outcomes

04:18:42 usagi: Bingo, you hate me because I spoke the truth about you

04:18:51 usagi: Bingo, Rating me -10 because of that is a little pathetic

04:19:05 BingoBoingo_: usagi: I care little for what you say

04:19:19 usagi: Anyways, to cut this shitball short. If bingo or anyone has any actual proof that I have had poor outcomes beyond that which is normal

04:19:21 usagi: Go ahead

04:19:49 TheNewDeal: well give me the longer version of what happened to your prior enterprises, and let me actually format an opinion

04:19:53 usagi: LIke I said bingo. The difference between you and me as a fund manager is that I have lived through 3 exchange closures and you suck up to the crowd here

04:20:33 TheNewDeal: well if you pick bullshit "exchanges" in the first place, aren't you asking for trouble?

04:20:44 danielpbarron: some wallet got lost because the rented server something something hardware

04:20:48 usagi: TheNewDeal; Like I said; TU.SILVER paid out everyone what was owed. BMF merged with Tu.SILVER, and I'm paying off the investors. I just made two payments this weekend to investors. I'm handling it.

04:21:10 usagi: TheNewDeal; What's a bullshit exchange?

04:21:16 TheNewDeal: havelock

04:21:24 usagi: TheNewDeal; No, they are compliant

04:21:30 usagi: You didn't know?

04:21:32 TheNewDeal: compliant with what?

04:21:38 BingoBoingo_: I don't run a fund, I play with MP's money and he repackages it as part of his fund.

04:21:40 usagi: Their laws :p

04:21:56 Duffer1: compliant with gettin dat paper from suckers

04:22:05 usagi: Bingo you do what you feel you need to do. I don't know you

04:22:06 assbot: [MPEX] [S.MPOE] 8363 @ 0.00071315 = 5.9641 BTC [+] {2}

04:22:07 TheNewDeal: their compliant with the foremost popular scammiest exchange at the moment

04:22:19 usagi: TheNewDeal; You poor soul. You've been infected.

04:22:26 usagi: Here's a question I'd love MP to answer

04:22:29 TheNewDeal: I still have my bitcoin though

04:22:39 usagi: Back in the day -- can anyone tell me -- what was the difference between GLBSE and MPEX? To prove a point

04:23:02 danielpbarron: did GLBSE use PGP keys for authentication?

04:23:05 TheNewDeal: didn't glbse promise returns , like a pyramid scheme?

04:23:25 usagi: pgp keys do not shield you against legal action by the government

04:23:33 usagi: The issue is that no one really knew how things would play out

04:23:38 BingoBoingo_: mircea_popescu never got off a plane without anything identifiable to customs as money to support himself?

04:23:50 usagi: But MP kept shitting all over GLBSE. Maybe he knew something, maybe he didn't, back then we didn't really know

04:23:53 danielpbarron: Bitcoin is not about teaming up with the USG

04:24:06 danielpbarron: that is a failed venture from the get-go

04:24:08 usagi: Today, I'm seeing the same thing with havelock. But with havelock the situation is different. I have been informed they are compliant.

04:24:33 usagi: So the party line does not apply as far as I know. If you have different information I would love to hear it

04:24:41 TheNewDeal: gitgo dpb

04:25:02 usagi: The government?

04:25:09 usagi: The government has nothing to do with this

04:25:10 danielpbarron: w/e; usagi, yes

04:25:25 usagi: The government has as much to do with bitcoin as it does with you believing in the whole bible

04:25:38 TheNewDeal: huh?

04:25:51 usagi: If you have to fight the government for your freedom then do so, beyond that I don't see what dragging the us government into things accomplishes

04:26:02 usagi: <+danielpbarron> Bitcoin is not about teaming up with the USG

04:26:12 usagi: yeah and I'm not a tomato lol (relevance?)

04:26:27 usagi: I gotta go :/ will be back I suppose, toodles

04:26:53 TheNewDeal: another interesting character in the history of bitcoin...

04:26:58 danielpbarron: 12:23 <+usagi> pgp keys do not shield you against legal action by the government << maybe you are a tomato

04:29:49 ben_vulpes: get go, TheNewDeal

04:30:24 TheNewDeal: ;;ud getgo

04:30:25 gribble: http://www.urbandictionary.com/define.php?term=getgo | getgo. from the very beginning. Could be a shortened form of the American quality of "get up and go". Might also be a shortened form of what the cowboy said to ...

04:30:32 ben_vulpes: dude

04:30:33 TheNewDeal: ;;ud gitgo

04:30:34 gribble: http://www.urbandictionary.com/define.php?term=gitgo | Slang term referring to the very beginning of any sequence or time frame. I knew Bush would be a nightmare from the gitgo! by Feets_dont_fail_me_now October  ...

04:30:34 ben_vulpes: urban dictionary?

04:30:41 TheNewDeal: THE ONLY DICTIONARY

04:30:45 ben_vulpes: ok ok

04:30:52 ben_vulpes: you win clearly

04:30:57 TheNewDeal: caps always win

04:35:19 assbot: [MPEX] [S.MPOE] 9250 @ 0.0007134 = 6.599 BTC [+] {2}

04:44:28 assbot: [MPEX] [S.MPOE] 23400 @ 0.00071191 = 16.6587 BTC [-] {2}

04:54:38 assbot: [MPEX] [S.MPOE] 1517 @ 0.00071494 = 1.0846 BTC [+]

04:59:20 BingoBoingo_: https://twitter.com/thepaulhagan/status/501209137431465985

04:59:21 assbot: Tonight, /hashtag/Ferguson?src=hash cops have: * Tear-gassed an 8-year old * Driven a truck through a crowd * Threatened to kill a reporter on air

04:59:40 BingoBoingo_: Tonight, #Ferguson cops have: * Tear-gassed an 8-year old * Driven a truck through a crowd * Threatened to kill a reporter on air

05:03:17 BingoBoingo_: Amazing what tax dollars buy

05:03:48 ben_vulpes: i was going to ask you what the story was over there, bb

05:06:35 BingoBoingo: ben_vulpes: Basically the first night when the Highway Patrol took over there was much peace and reconciliation like Christmas 1914. Then the shitstorm resumed.

05:07:05 Duffer1: turns out state troopers are still cops...

05:07:51 assbot: [MPEX] [S.MPOE] 11000 @ 0.00071582 = 7.874 BTC [+]

05:08:06 BingoBoingo: Duffer1: Well, it seems the chain of command is either ineffective or non-existent

05:08:33 Duffer1: yea

05:08:57 Duffer1: it sounds like the local police captn has zero respect for the mayor

05:09:09 Duffer1: or the mayor is saying one thing and making the police do another

05:10:08 BingoBoingo: Well, the problem with this cooperative multiagency deal is that no one knows what's going on and no one is effectively in charge

05:15:07 ben_vulpes: if the folks in power'd just let the angry people run in circles for a day or two this shit'd have burnt itself out, no? instead, they make the whole thing worse.

05:15:22 BingoBoingo: ben_vulpes: Probably

05:15:25 BingoBoingo: http://live.stltoday.com/Event/Information_from_Ferguson

05:15:25 assbot: Twitter coverage from reporters, officials in Ferguson

05:21:52 BingoBoingo: I mean the 1992 LA riots only really lasted what, six days?

05:23:06 assbot: [HAVELOCK] [AM1] 5 @ 0.288 = 1.44 BTC [+]

05:37:20 assbot: [MPEX] [S.MPOE] 8150 @ 0.00071642 = 5.8388 BTC [+] {2}

05:53:36 assbot: [MPEX] [S.MPOE] 18200 @ 0.00071745 = 13.0576 BTC [+] {2}

05:56:44 penguirker: New blog post: http://www.bcoinnews.com/knc-miner-sells-28nm-chips-loss/

05:57:09 TheNewDeal: ;;seen rg

05:57:09 gribble: rg was last seen in #bitcoin-assets 1 year, 35 weeks, 0 days, 8 hours, 18 minutes, and 27 seconds ago: <rg> good times

06:03:18 TheNewDeal: kakobrekla , you in the house?

06:05:03 TheNewDeal: pete, did you ever deal directly with usagi?

06:05:39 TheNewDeal: !up pete_dushenski

06:06:01 TheNewDeal: pete_dushenski did you ever deal directly with usagi?

06:07:50 assbot: [MPEX] [S.MPOE] 18150 @ 0.00071538 = 12.9841 BTC [-] {2}

06:09:04 ben_vulpes: ;;ticker

06:09:06 gribble: Bitstamp BTCUSD ticker | Best bid: 492.0, Best ask: 492.99, Bid-ask spread: 0.99000, Last trade: 493.54, 24 hour volume: 10808.57390774, 24 hour low: 485.39, 24 hour high: 521.92, 24 hour vwap: 499.397297578

06:09:24 pete_dushenski: TheNewDeal: depends how you define "deal

06:09:40 pete_dushenski: ben_vulpes: sent :)

06:09:56 TheNewDeal: like did you buy shares in any of his companies, buy silver from him, etc?

06:10:23 TheNewDeal: ;;ident pete_dushenski

06:10:24 gribble: Nick 'pete_dushenski', with hostmask 'pete_dushenski!~pete_dush@unaffiliated/pete-dushenski/x-8158685', is identified as user 'pete_dushenski', with GPG key id 165749929F9A6BDD, key fingerprint E6625CC14638C4CA404694E9165749929F9A6BDD, and bitcoin address None

06:10:45 pete_dushenski: TheNewDeal: nope

06:11:13 pete_dushenski: http://contravex.com/2014/08/17/who-are-we-not-nationals/

06:11:14 assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski

06:12:22 BingoBoingo: ;;google site:fraudsters.com nations are hotels

06:12:22 gribble: Stratfor lolololor. pe fraudsters - Un blog de Mircea Popescu.: http://fraudsters.com/stratfor-lolololor

06:16:28 pete_dushenski: https://twitter.com/therealgrubles/status/501109144146153474

06:16:29 assbot: All quotes from the incomparable Mircea Popescu: http://t.co/tdb6liMr0s

06:16:47 pete_dushenski: @therealgrubles: @pete_dushenski http://fraudsters.com/2013/rape-is-fun-or-lets-fuck-up-adria-richards/http://fraudsters.com/2014/patriarchy-is-a-thing-because-nobody-likes-living-in-a-world-populated-by-little-girls/ … you support this guy?

06:16:48 assbot: Rape is fun, or let’s fuck up Adria Richards pe fraudsters - Un blog de Mircea Popescu.

06:16:49 assbot: Patriarchy is a thing because nobody likes living in a world populated by little girls pe fraudsters - Un blog de Mircea Popescu.

06:17:24 ben_vulpes: ;;later tell mike_c http://van-ads.com/login/KEYID/raw

06:17:24 gribble: The operation succeeded.

06:17:32 pete_dushenski: the touchiness of some people

06:17:49 pete_dushenski: ^re tweet

06:18:00 ben_vulpes: "i may not agree with what you say, but i'll defend to the death your right to say it"

06:18:19 ben_vulpes: maybe not *you* and maybe not *my* death, but you get the picture.

06:18:21 hanbot: BingoBoingo mebbe you were looking for http://fraudsters.com/2012/tara-ca-un-hotel-sau-o-schimbare-de-perspectiva/ ?

06:18:22 assbot: Tara ca un hotel, sau o schimbare de perspectiva pe fraudsters - Un blog de Mircea Popescu.

06:18:46 BingoBoingo: hanbot: That's the one, thank you.

06:19:01 assbot: [MPEX] [S.MPOE] 5650 @ 0.00071483 = 4.0388 BTC [-]

06:19:01 hanbot: np

06:19:20 BingoBoingo: Anyways pete_dushenski That fraudsters goes nicely with your newest post.

06:20:40 BingoBoingo: %t

06:20:41 atcbot: [X-BT] Bid: 172 Ask: 221 Last Price: 170 24h-Vol: 0k High: N/A Low: N/A VWAP: N/A

06:20:54 pete_dushenski: BingoBoingo: merci

06:21:44 BingoBoingo: pete_dushenski: If you're going to really be the best MP scholar you can be, you need to be able to tackle the Romanian writings

06:22:18 pete_dushenski: lol not an impossible task between my french and spanish

06:23:58 pete_dushenski: BingoBoingo: i saw in teh logs that you're picking up quite a bit of romanian

06:24:00 pete_dushenski: wd

06:25:06 BingoBoingo: It definitely isn't an impossible task. Certainly more rewarding that going around like a certain someone who imagines "<usagi> In this case, mircea popescu personally does not like me because I can out-talk him."

06:25:48 BingoBoingo: pete_dushenski: Not really picking up romanian in a generally useful way, just dictionary assisted reading.

06:26:52 pete_dushenski: that still opens up a whole whack of material, which is really the point

06:29:57 BingoBoingo: You know the relationship between this outlet HeySteve writes for and this one mining hardware company seems way to cozy http://www.cryptocoinsnews.com/news/gawminers-introduces-hashlet-shopify-crashes/2014/08/16

06:29:57 assbot: GAWMiners Introduces Hashlet; Shopify Crashes » CryptoCoinsNews

06:31:23 BingoBoingo: ;;later tell Heysteve Have you thought about taking your reporting talents elsewhere or going independent? The general quality of this thing you are writing for seems to be tanking and an exit plan is probably advisable.

06:31:23 gribble: The operation succeeded.

06:32:14 assbot: [MPEX] [S.MPOE] 3583 @ 0.00071483 = 2.5612 BTC [-]

06:33:19 BingoBoingo: Also that coinfire thing seems to have slowed to a trickle since their lulzy blowup over really needing money but being too obsessed with their "image" as they imagine it to explore how to actually get money http://coinfire.cf/2014/08/12/opinion-motivation/

06:33:23 assbot: Opinion: My Motivation - Coin Fire

06:35:36 cazalla: ccn is one of the spammiest blogs out there, it improved a little over the past year but it's just as bad as coindesk

06:37:35 cazalla: and nfi why you need a kickstart for something like coinfire

06:37:55 cazalla: i had a diablo blog doing 1m uniques a month and it was fine on $20 month vps

06:39:01 BingoBoingo: I mean my shared hosting survived an intense /. admirably though my long term plans for the blog lean towards dedicated hardware for other reasons.

06:40:44 cazalla: ccn had a scammy investment club of which altcoins they were gonna pump and even went as far as publishing an article apologins for all the spammy shit they post

06:41:00 BingoBoingo: lulzy, I missed this

06:41:09 cazalla: if i had to guess, the site was prob sold to someone else who did it up

06:41:15 cazalla: i'm trying to find the article atm BingoBoingo

06:42:23 cazalla: this is the investment club http://www.cryptocoinsnews.com/invest-trade-cryptocurrencies

06:42:24 assbot: Invest and Trade Cryptocurrencies » CryptoCoinsNews

06:45:56 BingoBoingo: That's some seriously shady shit

06:50:27 RagnarDanneskjol: did you see the club's office building - seems legit http://www.cryptocoinsnews.com/wp-content/uploads/2013/10/bitcoin-invest-trade.jpg

06:50:50 cazalla: hmm, a lot of the older posts have been deleted

06:51:04 cazalla: archive.org still has them, for example http://web.archive.org/web/20131125003002/http://www.cryptocoinsnews.com/2013/11/21/primecoin-still-best-investment-advice-recent-actions-verifies-shift

06:51:06 assbot: Primecoin is STILL our best investment advice, recent actions verifies the shift - Cryptocurrency News, Bitcoin Trading Analysis | Cryptocurrency News, Bitcoin Trading Analysis

06:51:13 cazalla: lol yeah

06:54:28 mircea_popescu: <usagi> But MP kept shitting all over GLBSE. Maybe he knew something, maybe he didn't, back then we didn't really know << i knew things the lot of you didn't before it was even cool.

06:54:42 mircea_popescu: nothing's changed since 2011 but the knowledge gap. much deeper nao.

06:56:34 mircea_popescu: <usagi> yeah and I'm not a tomato lol (relevance?) << check it out kako. tomato is not a scammer either!

06:57:36 BingoBoingo: mircea_popescu> nothing's changed since 2011 but the knowledge gap. much deeper nao. << Probably the reading comprehension gap as well

06:57:39 assbot: [MPEX] [S.MPOE] 31036 @ 0.00071144 = 22.0803 BTC [-] {4}

06:57:56 BingoBoingo: Information is worthless in the hands of people who can't interpret it

06:58:06 cazalla: BingoBoingo, i can't find the apology article, perhaps it's been removed but that sites was taking reddit posts, rewriting them, upboating them to the top and attracting a lot of traffic, i speculate the site was sold to someone who wanted to do it up and improve the quality but no proof, just a hunch

06:59:39 BingoBoingo: Interesting cazalla

07:01:02 assbot: usagi +v failed; L1: 0, L2: -5

07:01:19 BingoBoingo: !up usagi

07:01:37 cazalla: plus it's in google news feed which is valuable

07:01:58 usagi: Hi. If you have something to say about me Bingo, say it to me and not behind my back please.

07:02:14 BingoBoingo: usagi: The logs are public

07:02:34 BingoBoingo: It's just kind of assumed they get read

07:02:39 usagi: Have you ever dealt with me directly? Invested in anything I've run?

07:03:00 usagi: Do you have any evidence that I have scammed or stolen anyone's bitcoins?

07:03:28 usagi: I'm just curious since you're very new here, comparatively, and yet you seem to know so much about people you have never met

07:03:49 usagi: I haven't been here in 9 months, since that time you have established yourself in this community. I find your case in particular very interesting.

07:04:14 BingoBoingo: usagi: I've read the history and your interactions with others. I actually don't think you are a scammer at all. I still think you are incredibly dangerous.

07:04:36 BingoBoingo: I first appeared in this channel early 2013

07:05:03 usagi: Why do you think I'm dangerous? I'm interested in learning precisely what it is you feel I should learn.

07:07:42 BingoBoingo: Well what does pete_dushenski learn? It's less any particular skill set and more your general recklessness.

07:07:52 usagi: Pete dushenki is a lot like you

07:08:03 usagi: You formed an opinion of me based on what other people have said

07:08:32 mircea_popescu: assbot: Tonight, /hashtag/Ferguson?src=hash cops have: * Tear-gassed an 8-year old * Driven a truck through a crowd * Threatened to kill a reporter on air << that shit still going strong huh.

07:08:36 BingoBoingo: A lot of it was from things you've said as well, I mean forum posts channel logs (here and -otc)

07:08:44 mircea_popescu: will it be a summer affair or still going oct 1st ?

07:09:28 mircea_popescu: BingoBoingo: I mean the 1992 LA riots only really lasted what, six days? << how long do you think a town will burn.

07:09:29 BingoBoingo: mircea_popescu: If it didn't seem destined for the BadBat category would make an interesting BitBet

07:09:30 usagi: Well Bingo it's true I am eccentric. I am pretty sure a lot of people think i'm nuts. But dangerous? I'm just asking what the deal is with that one

07:10:12 RagnarDanneskjol: http://mises.org/daily/6846/Police-States-and-InnerCity-Economics

07:10:12 assbot: Police States and Inner-City Economics - Ryan McMaken - Mises Daily

07:10:14 usagi: Frankly, you decided to rate me without ever having chatted with me

07:10:26 BingoBoingo: usagi: Well you seem to have a lot of accidents https://bitcointalk.org/index.php?topic=742521.0

07:10:26 assbot: Lost Bitcoins -- Did you just get 0.2 bitcoins?

07:10:36 usagi: And it's likely as a result of the continuous name dropping in this channel despite me not being here for 9 months.

07:11:06 usagi: Bingo, when tahoe-lafs loses a 300 btc private key, the situation is "sad". When I lose zero BTC in a development site web wallet I get videos made about me.

07:11:10 BingoBoingo: usagi: I've chatted with you before several times. Your memory's reliability is not my concern.

07:11:58 usagi: No we haven't really chatted

07:12:20 BingoBoingo: In this channel we have

07:12:22 mircea_popescu: <usagi> Well Bingo it's true I am eccentric. I am pretty sure a lot of people think i'm nuts. But dangerous? I'm just asking what the deal is with that one <<< you massively overestimate your own ability, and then derp about it in an unconvincing but ceaseless manner which entraps the more idiotic bystanders.

07:12:31 usagi: Ehh I thought you had me on ignore?

07:12:41 mircea_popescu: at some point i probably did

07:12:43 BingoBoingo: usagi: We've chatted several times in this channel last summer

07:12:45 usagi: Well mp if you have any advie for me go ahead, I'm all ears

07:12:51 mircea_popescu: i guess at some point i probably will again.

07:12:51 usagi: advice*

07:13:03 mircea_popescu: the advice is to stfu and read. which is hopefull what yu've been doing the past year or so

07:13:11 usagi: Yep

07:13:11 mircea_popescu: and that way i won't have to put you back on ignore either.

07:13:48 usagi: Thanks.

07:14:19 mircea_popescu: ;;seen grubles

07:14:19 gribble: grubles was last seen in #bitcoin-assets 22 weeks, 5 days, 6 hours, 48 minutes, and 44 seconds ago: <grubles> didnt know ^_^

07:14:31 mircea_popescu: look at that, grubles hates me nao ?

07:17:03 pete_dushenski: guess so...

07:19:03 mircea_popescu: hanbot: np << i think hanbot read them all.

07:19:39 mircea_popescu: BingoBoingo: pete_dushenski: If you're going to really be the best MP scholar you can be, you need to be able to tackle the Romanian writings << sorry folks. i didn't do it on purpose, i just had nfi we'll end up here.

07:20:01 mircea_popescu: (and i didn't think much of english speakers back in 2010, either.)

07:20:28 pete_dushenski: mircea_popescu finally finished the monumental flesh vs. machine article. doesn't seem your thoughts on english speakers have much changed.

07:21:04 mircea_popescu: well if it makes you feel better i have a lot of disdain for romanians too.

07:21:34 mircea_popescu: misanthropy, it's like a thing.

07:22:43 pete_dushenski: i feel just fine either way :)

07:22:56 mircea_popescu: but yeah, that thing was a bitch to write.

07:23:17 pete_dushenski: the only part of the article i didn't totally grok was the aryan bit

07:23:47 pete_dushenski: what do aryans have to do with snowden, charlotta, etc?

07:23:52 mircea_popescu: ask away.

07:24:25 mircea_popescu: well i imagine asciilifeform's theory is that snowden is kosher while i gave manning as an example of not.

07:24:30 mircea_popescu: whatever you'd call it... straight laced ?

07:25:02 pete_dushenski: ok

07:25:20 pete_dushenski: and the seekrit skvirels are the usg ?

07:25:24 pete_dushenski: or the russians?

07:25:48 mircea_popescu: i dunno if that's particularly contemplated. whenever asciilifeform uses that i just replace with "secret agents"

07:25:57 mircea_popescu: kinda derpy ones i guess, but anwyay.

07:26:48 pete_dushenski: hm ok. makes sense

07:27:15 pete_dushenski: ya, i can see the holes in the aryan theory now

07:27:38 pete_dushenski: if it's any kind of preference or rubric at all, it's horribly neglected

07:27:53 pete_dushenski: sort of like sportsmanship in soccer

07:28:24 mircea_popescu: how do you mean ?

07:30:45 pete_dushenski: well if the skvirels are selecting agents based on a code of sorts, and letting in mannings and the like while pretending to do so, this is a bit like soccer players who speak of professionalism and dive when their opponent looks at them funny

07:31:24 pete_dushenski: perhaps a better example is the stereotypical catholic schoolgirl

07:31:27 mircea_popescu: yeah it just doesn't add up.

07:31:37 xmj: what is it with catholic schoolgirls these ays?

07:31:44 xmj: they're damn pervasive, you find them everywhere.

07:31:47 mircea_popescu: i mean asciilifeform needs it to prop up his "competence behind the incompetence" theory, but otherwise in practice it's not observed.

07:31:48 pete_dushenski: very proper on paper, but filth nasty when the bell rings

07:32:10 mircea_popescu: xmj like what, your bedroom ?

07:32:35 pete_dushenski: those plaid skirts are hanging from the ceiling fan ;)

07:33:25 mircea_popescu: lol

07:39:26 pete_dushenski: https://twitter.com/rupertmurdoch/status/501054600024432640

07:39:27 assbot: NSA privacy invasion bad, but nothing compared to Google.

07:39:47 pete_dushenski: well ya, google isn't broke

07:41:19 mircea_popescu: he;'s just buttsore that google indexes fraudsters better than newscorp.

07:43:24 mircea_popescu: ;;rated grubles

07:43:24 gribble: You rated user grubles on Fri Nov 23 22:04:49 2012, with a rating of 1, and supplied these additional notes: None.

07:44:10 fluffypony: does anyone know BitcoinBear from btctalk?

07:44:49 mircea_popescu: fluffypony the mod ?

07:45:07 fluffypony: I don't think he's a mod

07:45:20 fluffypony: he posted in a stack of mpex threads in 2013

07:45:23 mircea_popescu: name seems familiar one sec

07:45:32 fluffypony: https://bitcointalk.org/index.php?action=profile;u=43032

07:45:32 assbot: View the profile of bitcoinbear

07:45:32 mircea_popescu: cazalla: i had a diablo blog doing 1m uniques a month and it was fine on $20 month vps << that's pretty impressive for the vps.

07:46:04 BingoBoingo: http://www.slate.com/blogs/the_slatest/2014/08/17/ferguson_police_fire_tear_gas_at_protesters_before_second_night_of_curfew.html

07:46:04 assbot: Ferguson: police fire tear gas at protesters before second night of curfew.

07:46:18 fluffypony: and then went quiet from July 2013, popped his head up for 1 comment in September, and then suddenly in May this year is back and supporting some crappy scamcoin

07:46:23 fluffypony: so I'm thinking it's a bought account

07:46:26 BingoBoingo: "Given these deliberate, coordinated and intensifying violent attacks on lives and property in Ferguson, I am directing the highly capable men and women of the Missouri National Guard to assist Colonel Ron Replogle and the Unified Command in restoring peace and order to this community."

07:47:11 mircea_popescu: fluffypony yeah the original was a more or less adult dude. acct may have been sold i hear.

07:47:17 fluffypony: aight

07:47:20 BingoBoingo: So, from pretend martial law to actual martial law

07:48:25 BingoBoingo: You know, this account selling thing is why there can't be old timers on the forum

07:48:47 mircea_popescu: BingoBoingo but the attacks come mostly from the police.

07:48:55 mircea_popescu: is the national guard there to put down teh police ?

07:49:06 BingoBoingo: mircea_popescu: We'll find out!

07:49:23 BingoBoingo: It wouldn't be the first time such things happened in Missouri

07:49:36 BingoBoingo: ;;google Quantrill

07:49:36 gribble: William Quantrill - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/William_Quantrill; Quantrill's Raiders - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Quantrill's_Raiders; PBS - THE WEST - William Clarke Quantrill: http://www.pbs.org/weta/thewest/people/i_r/quantrill.htm

07:50:11 mircea_popescu: assbot: usagi +v failed; L1: 0, L2: -5 << this is kinda lulzy.

07:50:58 mircea_popescu: ;;ticker

07:50:59 gribble: Bitstamp BTCUSD ticker | Best bid: 490.94, Best ask: 491.98, Bid-ask spread: 1.04000, Last trade: 490.94, 24 hour volume: 10815.66536353, 24 hour low: 485.39, 24 hour high: 521.92, 24 hour vwap: 499.397297578

07:51:05 fluffypony: lol

07:51:09 mircea_popescu: %p

07:51:10 mircea_popescu: %d

07:51:12 fluffypony: usagi has been peddling in #bitcoin-otc again

07:51:22 fluffypony: he told me that he got SO MUCH BUSINESS from my targeting him

07:51:24 atcbot: [CoinMiner Hashrate]: 1.31 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.44 TH/s

07:51:24 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 177834.60 in 1925 blocks (#46368) Est. % Change: -90.53

07:51:26 BingoBoingo: %ob

07:51:27 mircea_popescu: fluffypony he was here earlier too. what's he doing these days ?

07:51:27 atcbot: 16k@250 2k@245 43k@221 | 80k@172 34k@170 125k@165

07:51:30 fluffypony: no idea

07:51:38 fluffypony: drowning in SO MUCH business

07:52:15 pete_dushenski: ;;bc,stats

07:52:17 mircea_popescu: BingoBoingo that guy's facial hair...

07:52:17 gribble: Current Blocks: 316223 | Current Difficulty: 1.9729645940577133E10 | Next Difficulty At Block: 316511 | Next Difficulty In: 288 blocks | Next Difficulty In About: 1 day, 13 hours, 21 minutes, and 43 seconds | Next Difficulty Estimate: 23419670466.1 | Estimated Percent Change: 18.70294

07:52:27 BingoBoingo: http://log.bitcoin-assets.com/?date=18-08-2014#799730 << usagi: I've been busy. But today is a big day :)

07:52:28 assbot: #bitcoin-assets log

07:53:24 BingoBoingo: mircea_popescu: The only thing he could have done better would have been to completely erase Lawrence Kansas

07:53:40 mircea_popescu: you can never erase a shithole.

07:53:44 mircea_popescu: (old turkish proverb)

07:54:06 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/1NE5RAP.txt )

07:54:06 BingoBoingo: !b 3

07:54:08 cazalla: mircea_popescu, might've upgraded it, this is just after d3 lauched so don't really remember, point being i doubt they need a kickstarter to continue blogging

07:54:49 mircea_popescu: cazalla for server costs, no.

07:54:51 mircea_popescu: "Here, Quantrill took up a job in the lumberyards, unloading timber from rail cars. One night while working the late shift, he shot a man to death. Authorities briefly arrested Quantrill, who claimed self-defense. Since there were no eyewitnesses and the victim was a stranger who knew no one in town, William was set free."

07:54:52 mircea_popescu: not bad.

07:55:39 BingoBoingo: Murica used to not suck so bad

07:57:29 mircea_popescu: hey, my grandfather loved it.

07:57:43 mircea_popescu: Editors Note from Mike: I am adding this note after this piece is published to state that this is a personal opinion piece from Brendon.

07:57:43 mircea_popescu: This piece is not endorsed by Coin Fire.

07:57:43 mircea_popescu: Brendon has since resigned on his own accord after realizing from countless emails of concerned readers that this was seen as an ?attempt to grab money via guilt?. While this was not his intention he has since realized that it could be seen that way by many readers and independently felt he needed to go back and better hone his skills at this time.

07:57:46 mircea_popescu: this is so idiotic.

07:57:51 xmj: topic?

07:58:01 mircea_popescu: an editor's job is to EDIT, which means protect the fucking copywriters from their own idiocy

07:58:13 mircea_popescu: not put up a note to insulate himsefl from them. this is like... antiprofessional.

07:58:59 mircea_popescu: i have an idea, let's all call ourselves things we aren't and then do a shitty job of it.

07:59:10 mircea_popescu: i'm going to be a barber and ima peel everyone bloody today ;/

08:00:01 pete_dushenski: "Chinese and Russian officials are warning of a potential humanitarian crisis in the restive American province of Missouri, where ancient communal tensions have boiled over into full-blown violence."

08:00:04 BingoBoingo: That thing started so promising and fell so far, basically weev 2.0

08:00:26 pete_dushenski: "'We must use all means at our disposal to end the violence and restore calm to the region,' Russian Foreign Minister Sergei Lavrov"

08:00:48 pete_dushenski: http://www.vox.com/2014/8/15/6005587/ferguson-satire-another-country-russia-china << kinda lulzy

08:00:48 assbot: How we'd cover Ferguson if it happened in another country - Vox

08:01:31 BingoBoingo: ;;google Missouri bellweather

08:01:32 gribble: Missouri bellwether - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Missouri_bellwether; Bellwether - Wikipedia, the free encyclopedia: http://en.wikipedia.org/wiki/Bellwether; Missouri slips from political bellwether status this fall - USA Today: http://www.usatoday.com/news/politics/story/2012-06-24/missouri-no-longer-political-bellwether/55795366/1

08:08:21 mircea_popescu: pete_dushenski lmao epic

08:08:40 mircea_popescu: sino-russian pacification mission in missouri ftw

08:08:45 pete_dushenski: pretty much nail to head there

08:09:16 pete_dushenski: i actually saw a pic of some tibetan monks there lol

08:09:24 BingoBoingo: Missouri is the most plainly American of the states with it's own east and west coasts (St Louis and Kansas City), and the capitol is a desolate hell hole

08:10:23 pete_dushenski: https://twitter.com/AntonioFrench/status/501111870531858432

08:10:25 assbot: They came all the way from India to /hashtag/Ferguson?src=hash. http://t.co/qRLKqxoo5g

08:10:31 BingoBoingo: "Analysts who study the opaque American political system, in which all provinces are granted semi-autonomous self-rule, warned that Nixon may seize the opportunity to move against weakened municipal rulers in Ferguson." << Surprisingly accurate given how St Louis county is organized

08:14:23 penguirker: New blog post: http://contravex.com/2014/08/17/who-are-we-not-nationals/

08:16:31 mircea_popescu: "In the spirit of being open and transparent (a guiding principal of this site and our editorial policies), I am adding this note to this story and taking full responsibility that I have failed our readers and offering my most sincere apologies."

08:16:36 mircea_popescu: this part he got right, tho.

08:16:43 mircea_popescu: minus the spelling, but hey.

08:27:07 assbot: [MPEX] [S.MPOE] 20700 @ 0.00070992 = 14.6953 BTC [-] {3}

08:28:02 mircea_popescu: !up b51

08:28:03 mircea_popescu: !up B51Num1

08:29:14 mircea_popescu: "We?ve seen the criticisms from a certain IRC channel where he and the site is being put down for trying to raise some capital."

08:29:39 cazalla: pete_dushenski, "Yes, dear People Of The World, you belong to your family, your faith, and your traditions, not your ?nation.? Where else does this exist than perhaps countries such as Japan? Families have been destroyed, faith abandoned, very little tradition left. What's left but nationalism? (I started to fall into this trap).

08:29:46 mircea_popescu: that wasn';t us was it ?

08:30:23 mircea_popescu: "I know some of this stems from the fact the website contains advertisements. A great debate has taken place internally about those advertisements.

08:30:23 mircea_popescu: They barely bring in a dollar a week for this site. They can be distracting, they can be frustrating and even annoying at times but they appear because they do bring something in, no matter how little and Mike applies every bit they earn to paying the ever increasing bills this site is faced with on a daily basis."

08:30:38 mircea_popescu: awww, and van-ads pays 10 bux a day. sucks.

08:43:57 punkman: damn heisenbugs, girl was just here, I tell her come check out the weird-colored monitor, and it fucking fixed itself!

08:44:27 pankkake: https://pthree.org/2014/08/18/whats-the-matter-with-pgp/

08:44:29 assbot: Aaron Toponce : What's The Matter With PGP?

08:44:47 mircea_popescu: maybe she has an electric personality

08:44:57 mircea_popescu: pankkake still with this ?!

08:45:42 mircea_popescu: a nm, thought it's the same old link for some reason

08:45:54 mircea_popescu: "Turns out, the post is complete junk. It's about as thoughtful and informative as the Nigerian 411 scam. Let's analyze the post, top-to-bottom."

08:45:58 mircea_popescu: word.

08:46:24 BingoBoingo: So here's a quick preview of something from a post I'm working on: http://www.thedrinkingrecord.com/wp-content/uploads/2014/08/Missouri.png

08:47:57 RagnarDanneskjol: I love the ozarks. All those lakes and hillbillies

08:49:36 BingoBoingo: Yeah, nice rivers too

08:54:18 mircea_popescu: pankkake left him a coupla comments, thanks.

08:54:25 mircea_popescu: and soap music.

08:54:34 assbot: [MPEX] [S.MPOE] 23250 @ 0.00070974 = 16.5015 BTC [-] {2}

08:56:52 RagnarDanneskjol: I have a moral dilemna. This company in China wants to retain me to hire them a team of devs to build them a chinese version of ripple. They have an enormous budget and the account would be a boon for my business. Of course ripple is junk as so nicely described here: http://fraudsters.com/2013/ripple-the-definitive-discussion/. I've tried to reason and communicate this to them (i am wor

08:56:53 assbot: Page not found pe fraudsters - Un blog de Mircea Popescu.

08:56:53 RagnarDanneskjol: king through an interpreter).. yet they are determined to move forward. i am inclined to pass on it altogether unless I can convince them to build a solution that doesnt so explicitly violate the laws of capital-debt / reality

08:57:19 RagnarDanneskjol: any suggestions are welcome

09:00:01 mircea_popescu: RagnarDanneskjol why is it a moral dilemma ?

09:00:40 RagnarDanneskjol: because they would be spending an inordinate sum of money on me and devs I locate to build something I know to be rotten

09:00:55 mircea_popescu: you're not the master of the fucking world on other people's money. suppose you were a plumber and i hired you to build me a toilet on the ceiling. after you explained to me this design i have is idiotic, as long as i'm paying you;d better build it.

09:01:31 fluffypony: RagnarDanneskjol if you don't do it for them will they find someone else?

09:01:33 RagnarDanneskjol: I know - I think too much is getting lost in translation here with them.. but you're right

09:01:36 fluffypony: (hint: the answer is yes)

09:01:46 RagnarDanneskjol: correct they will go somewhere else

09:01:58 fluffypony: so basically you can either profit from their decision

09:02:00 fluffypony: or not

09:02:03 fluffypony: and the thing is

09:02:09 fluffypony: they're not asking you to make weapons to kill puppies

09:02:24 fluffypony: they're asking you to build a piece of software that isn't inherently malicious

09:02:25 mircea_popescu: yeah, it's not like it's some big secret that ripple is broken and why etc.

09:02:28 RagnarDanneskjol: still. i feel I can somehow interject with a better technical solution for them and retain the business/sleep better at night

09:02:40 mircea_popescu: the best tech solution is for them to just buy ripple

09:02:46 RagnarDanneskjol: right

09:02:52 mircea_popescu: caleb & co are pretty well out f dough by now.

09:02:57 RagnarDanneskjol: ha

09:03:15 RagnarDanneskjol: not a bad idea

09:04:18 mircea_popescu: maybe they buy euderpium too and make a supernexus

09:04:23 mircea_popescu: no wait what was it called. a supernode.

09:05:54 RagnarDanneskjol: hmm

09:06:48 punkman: no caleb is already on to the stellar thing

09:06:55 punkman: got some fresh suckers

09:07:15 RagnarDanneskjol: I know -will be easy to pick off devs

09:09:24 punkman: https://ripple.com/blog/a-debit-card-powered-by-ripple/ https://ripple.com/blog/codius-is-open-source/

09:09:25 assbot: A Debit Card Powered by Ripple | Ripple

09:09:25 assbot: Codius is Open Source | Ripple

09:09:37 punkman: debit card!!!11

09:09:44 RagnarDanneskjol: oh noes

09:10:17 punkman: so you go up to the machine to withdraw some money, and the machine is like fuck you dude, I don't take pirateat40BTC

09:11:12 thestringpuller: people are up

09:11:25 thestringpuller: Or just didn't go to sleep?

09:12:11 RagnarDanneskjol: no sleep

09:12:44 thestringpuller: lol toilet on the ceiling

09:12:54 thestringpuller: some good logs to wake up to XD

09:16:01 punkman: what is this a threat? " Y-Combinator-backed Shift Payments, which, according to TechCrunch, is “working to make it as easy to spend digital currencies, cryptocurrencies and loyalty points as it is to spend regular, fiat money.”"

09:20:23 cazalla: litecoin under $4, perhaps my bet http://bitbet.us/bet/773/ltc-under-1-usd-before-2015/ will get there in the end

09:20:23 assbot: BitBet - LTC under $1 USD before 2015 :: 0.09 B (17%) on Yes, 0.46 B (83%) on No | closing in 4 months 1 week| weight: 43`817 (100`000 to 1)

09:23:28 thestringpuller: ugh ripple

09:23:33 thestringpuller: make it go away

09:28:12 mircea_popescu: punkman even tecvh crunch is now skeptical of ycombinator

09:28:22 mircea_popescu: ALL IT TOOK WAS AN ARTICLE ON fraudsters TWO YEARS AGO TO BUCK THEM

09:28:55 mircea_popescu: mp lists derps, mpex servers go offline, mpex servers come back online, nobody wants to do series a anymoar. the lyf&tymes.

09:35:31 thestringpuller: http://www.reddit.com/r/Bitcoin/comments/2dtb1w/bitcoin_in_name_only/cjsyh3h

09:35:32 assbot: sgornick comments on Bitcoin in Name Only

09:35:39 thestringpuller: reddit sometimes delivers.

09:38:17 assbot: [MPEX] [S.MPOE] 24920 @ 0.000709 = 17.6683 BTC [-] {2}

09:40:52 mircea_popescu: it's more sgornick than reddit.

09:41:02 mircea_popescu: ;;gettrust assbot sgornick

09:41:03 gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user sgornick: Level 1: 0, Level 2: 3 via 3 connections. Graph: http://b-otc.com/stg?source=assbot&dest=sgornick | WoT data: http://b-otc.com/vrd?nick=sgornick | Rated since: Thu Dec 2 21:13:08 2010

09:41:08 mircea_popescu: ;;seen sgornick

09:41:08 gribble: sgornick was last seen in #bitcoin-assets 1 day, 23 hours, 1 minute, and 49 seconds ago: <sgornick> Who is cascadianhacker.com ? http://cascadianhacker.com/blog/2014/04/11_bitcoin-assets-new-wot-and-voice-model.html <-- Bandwidth Limit Exceeded

09:41:18 mircea_popescu: o wow. cool.

09:41:55 RagnarDanneskjol: the swanson post is a riot

09:42:10 pankkake: "Why did this get down voted? Maybe they didn't read past Tim, you ignorant slut"

09:42:14 pankkake: yeah sounds like reddit

09:46:49 []bot: Bet created: "BTC to rally to $4000 before July 2015" http://bitbet.us/bet/1026/

09:56:09 []bot: Bet placed: 8 BTC for No on "BTC to rally to $4000 before July 2015" http://bitbet.us/bet/1026/ Odds: 0(Y):100(N) by coin, 0(Y):100(N) by weight. Total bet: 8.1 BTC. Current weight: 99,998.

09:57:19 RagnarDanneskjol: https://www.youtube.com/watch?v=2QqNKQ02uWI

09:57:19 assbot: Killer whale throws sea lion 20 feet into the air! Ketchikan, Alaska - YouTube

10:18:57 assbot: [MPEX] [S.MPOE] 14733 @ 0.00070872 = 10.4416 BTC [-] {2}

10:26:25 mircea_popescu: ;;rated sgornick

10:26:25 gribble: You rated user sgornick on Fri Sep 28 05:44:50 2012, with a rating of 3, and supplied these additional notes: Solid guy..

10:39:17 assbot: [MPEX] [S.MPOE] 14400 @ 0.00070806 = 10.1961 BTC [-] {2}

11:05:43 assbot: [MPEX] [S.MPOE] 8625 @ 0.00070992 = 6.1231 BTC [+]

11:06:44 assbot: [MPEX] [S.MPOE] 7437 @ 0.00071267 = 5.3001 BTC [+]

11:09:11 mircea_popescu: ;;later tell mike_c you proly should add pingbacks to your blog somehow.

11:09:11 gribble: The operation succeeded.

11:14:46 mircea_popescu: !up nullB

11:23:00 assbot: [MPEX] [S.MPOE] 9610 @ 0.00071267 = 6.8488 BTC [+]

11:44:21 assbot: [MPEX] [S.MPOE] 42200 @ 0.00070843 = 29.8957 BTC [-] {4}

11:49:03 thestringpuller: screen -d

11:49:07 thestringpuller: LOL

11:49:08 thestringpuller: oops

11:53:38 pankkake: ;;ticker

11:53:39 gribble: Bitstamp BTCUSD ticker | Best bid: 465.34, Best ask: 466.99, Bid-ask spread: 1.65000, Last trade: 464.1, 24 hour volume: 15812.06346459, 24 hour low: 462.01, 24 hour high: 510.0, 24 hour vwap: 499.397297578

11:58:12 kakobrekla: party over, go home.

11:59:36 assbot: [MPEX] [S.MPOE] 16041 @ 0.00070703 = 11.3415 BTC [-]

12:01:17 cazalla: good timing, got some of that fkn fiat coming wednesday

12:04:30 cazalla: ;;seen mexual

12:04:30 gribble: mexual was last seen in #bitcoin-assets 2 days, 23 hours, 52 minutes, and 8 seconds ago: <Mexual> shit a brick, thats exactly how frogger is played

12:04:37 cazalla: ;;seen vexual

12:04:38 gribble: vexual was last seen in #bitcoin-assets 5 days, 0 hours, 46 minutes, and 15 seconds ago: <Vexual> thats not how you play frogger

12:04:51 cazalla: damn, your hang over must've been far worse than mine

13:03:13 cazalla: ;;market buy 500000

13:03:28 cazalla: how's that work again?

13:04:23 punkman: ;;buy 50000

13:04:23 gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, (1 more message)

13:04:34 kakobrekla: ;;market buy 500000

13:04:35 gribble: Bitstamp | This order would exceed the size of the order book. You would buy 24371.327 bitcoins, for a total of 21123101.8979 USD and take the price to 99999.9900. | Data vintage: 47.0314 seconds

13:07:55 BigBitz: kakobrekla you want it for fiat ?

13:08:07 BigBitz: ;;market fiat 500000

13:08:07 gribble: Error: The "Market" plugin is loaded, but there is no command named "fiat" in it. Try "list Market" to see the commands in the "Market" plugin.

13:08:12 BigBitz: Bah.

13:08:19 BigBitz: ;;market buy --usd 5000000

13:08:19 gribble: (market buy [--fiat] [--market <market>] [--currency XXX] <value>) -- Calculate the effect on the market depth of a market buy order of <value> bitcoins. If <market> is provided, uses that exchange. Default is Bitstamp. If --currency XXX is provided, converts to that fiat currency. Default is USD. If '--fiat' option is given, <value> denotes the size of the order in fiat.

13:08:27 BigBitz: ;;market buy --fiat --currency usd 5000000

13:08:32 gribble: Bitstamp | A market order to buy 5000000.0000 USD worth of bitcoins right now would buy 9121.2065 bitcoins and would take the last price up to 600.0000 USD, resulting in an average price of 548.1731 USD/BTC. | Data vintage: 0.0303 seconds

13:10:29 kakobrekla: BigBitz cazalla wants it not me

13:10:46 kakobrekla: and dunno what it is.

13:11:15 cazalla: i was just reading http://fraudsters.com/2014/lets-pretend/ again

13:11:16 assbot: Let’s pretend… pe fraudsters - Un blog de Mircea Popescu.

13:12:10 kakobrekla: so you can only miss the chance to sell 10k 3 times or something?

13:12:10 chetty: !up usagi

13:13:00 cazalla: nfi, my take away was there is only so much you can borrow to sell it down until it's no longer an option

13:33:08 assbot: [MPEX] [S.MPOE] 5800 @ 0.00070774 = 4.1049 BTC [+] {2}

13:41:47 StephanLivera: Yeah it's an interesting point by MP, bitcoin is much easier for people to demand 'delivery' of too (when comparing to physical gold)

13:42:45 StephanLivera: I think it's really a matter of time until the next round of bank failures, bank bail-ins, currency devaluation etc. When that happens, people will be heading for the hills, nobody wants to be left holding the fiat bag

13:43:33 pankkake: but why would they chose the greasy teenager currency?

13:43:38 StephanLivera: given bitcoin's position as the top cryptocurrency (and the only one, really) - people will need a way to transfer value internationally with ease

13:43:50 StephanLivera: they will choose bitcoin because it has the strongest network effect behind it

13:44:03 pankkake: gold has a stronger network effect

13:44:13 StephanLivera: gold can't be so easily sent overseas / via internet

13:44:40 chetty: moving gold across border is hard

13:44:53 pankkake: true

13:45:23 StephanLivera: now there were things like e-gold etc. but there's the problem. 1) counter party risk and 2) high chance of governmental take down

13:45:35 pankkake: so what's good for bitcoin is regulation. gold regulation :p

13:45:39 BigBitz: 3) high chance of non-existing 'vaulted gold'

13:45:48 BigBitz: paper gold is bad gold.

13:45:55 BigBitz: in my hand or gtfo.

13:46:03 StephanLivera: BigBitz, exactly - another area where btc shines, because it's very easy to "demand delivery"

13:46:13 BigBitz: StephanLivera yes sir. Agreed.

13:46:55 StephanLivera: pankkake, I think regulation is pretty irrelevant - government might SLOW bitcoin, but it will not stop bitcoin. it's just come too far, and the benefits are too great for it to be stopped now

13:47:08 chetty: every new regulation on fiats sends more people looking for options, goodness

13:47:43 StephanLivera: chetty, exactly - the tighter government controls constrict people and their choices, the MORE they want to look elsewhere. The best 'elsewhere' is bitcoin, most people just haven't realised this yet.

13:48:05 pankkake: bitcoin was conceived to ignore regulation, yes, so yes it benefits from regulation on other things

13:48:20 StephanLivera: that's a great way of putting it

13:49:06 assbot: usagi +v failed; L1: 0, L2: -5

13:49:35 chetty: !up usagi

13:49:50 usagi: Isn't the government (the US government anyway) already taxing bitcoin?

13:50:21 usagi: I don't think they are interested in stopping it

13:50:24 StephanLivera: Yes it is, but there are difficulties identifying all bitcoin transactions, and difficulties tying transactions to a user

13:50:43 chetty: IRS said its property, so I guess so

13:51:28 usagi: Note that stating it is property is not a statement it is legal; drugs need to be property so that you can be in posession of them

13:51:32 chetty: think they tax WoW gold too

13:54:20 StephanLivera: usagi, but they even sold the silk road bitcoins. If they find illicit drugs, they don't sell those - they destroy them. So that in itself shows some treatment of legitimacy

13:54:59 StephanLivera: bitcoin itself is not illegal, nor would the state attack it by attempting to outright outlaw bitcoin. It would preferably try to make it too onerous to use with regulations instead. This way it's like a 'soft banning'.

13:55:57 chetty: but they even sold the silk road bitcoins// nice precedent

13:57:23 usagi: If the state openly sold bitcoins that is pretty much a statement that selling bitcoins is legal

13:58:53 chetty: no if about it, now I wonder if they had to pay capital gains tax

14:08:43 thestringpuller: bitcoin trapping is illegal id think

14:09:05 thestringpuller: selling large sums of btc in exchange for straight cash

14:09:33 artifexd: No. Not illegal.

14:10:12 thestringpuller: isnt holding large sums of cash illegal?

14:10:18 artifexd: You will be required to submit a report to Fincen that includes the identities of all parties involved. But the transaction itself is not illegal.

14:10:18 thestringpuller: in paper form that is

14:10:23 artifexd: Not at all.

14:10:31 thestringpuller: oh yea. my b.

14:10:47 thestringpuller: if you get approval i suppose it is okay

14:10:53 thestringpuller: those parties go straigbg

14:11:11 thestringpuller: those parties go straight to a watch list...***

14:11:13 artifexd: It isn't approval. It's just a notification.

14:11:18 artifexd: I'm sure they do.

14:12:47 assbot: [MPEX] [S.MPOE] 9350 @ 0.00070689 = 6.6094 BTC [-] {2}

14:23:58 assbot: [MPEX] [S.MPOE] 15750 @ 0.00070673 = 11.131 BTC [-]

14:27:51 punkman: https://www.youtube.com/watch?v=wFwPAMeVPE4

14:27:51 assbot: Anything Else by Sarah Silverman - YouTube

14:40:14 assbot: [MPEX] [S.MPOE] 7576 @ 0.00070673 = 5.3542 BTC [-]

14:41:15 assbot: [MPEX] [S.MPOE] 4624 @ 0.00070663 = 3.2675 BTC [-]

14:46:25 assbot: [MPEX] [S.MPOE] 12050 @ 0.00070677 = 8.5166 BTC [+]

15:03:49 []bot: Bet placed: 1 BTC for No on "Bitcoin >= $2000 before December" http://bitbet.us/bet/1014/ Odds: 13(Y):87(N) by coin, 13(Y):87(N) by weight. Total bet: 3.67723352 BTC. Current weight: 86,627.

15:15:49 assbot: [MPEX] [S.MPOE] 11296 @ 0.00070587 = 7.9735 BTC [-] {2}

15:16:50 assbot: [MPEX] [S.MPOE] 14654 @ 0.00070496 = 10.3305 BTC [-] {2}

15:19:53 assbot: [HAVELOCK] [PETA] 500 @ 0.001354 = 0.677 BTC [+]

15:24:33 pete_dushenski: http://bitbet.us/bet/1010/bitcoin-to-drop-under-450-before-september/ << did not expect this to resolve while i slept.

15:24:33 assbot: BitBet - Bitcoin to drop under $450 before September :: 6.08 B (32%) on Yes, 12.85 B (68%) on No | closing in 1 week 1 day| weight: 31`177 (100`000 to 1)

15:25:22 pete_dushenski: dear bitbet mods, please to close and resolve above as per $442 low: https://bitcoinwisdom.com/markets/bitstamp/btcusd

15:25:23 assbot: Bitstamp BTC/USD Charts - BitcoinWisdom

15:25:47 pete_dushenski: le sigh, was gonna toss some on that too!

15:39:12 assbot: [HAVELOCK] [PETA] 594 @ 0.00127157 = 0.7553 BTC [-] {2}

15:45:26 pete_dushenski: mircea_popescu: http://contravex.com/2014/08/17/who-are-we-not-nationals/#comment-3999

15:45:27 assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski

15:46:19 assbot: [HAVELOCK] [PETA] 909 @ 0.00135497 = 1.2317 BTC [+]

15:46:25 pete_dushenski: if anyone else has seen medical literature supporting the theory that fasting is effective for cancer treatment and prevention, feel free to toss it in the contravex comments section

15:49:54 pete_dushenski: cazalla: pete_dushenski, "Yes, dear People Of The World, you belong to your family, your faith, and your traditions, not your ?nation.? Where else does this exist than perhaps countries such as Japan? Families have been destroyed, faith abandoned, very little tradition left. What's left but nationalism? (I started to fall into this trap). << that's sorta teh point of their nefarious exercise. what's left is your own

15:49:54 pete_dushenski: search. even if you have to start from scratch, better to give your kids that than australianism or w/e

15:53:40 pete_dushenski: http://contravex.com/2014/08/17/who-are-we-not-nationals/#comment-4054 << merci pankkake !

15:53:41 assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski

15:53:47 pete_dushenski: twas fast

15:55:11 pankkake: tried fasting, I don't take it well

15:55:38 pete_dushenski: mircea_popescu: mp lists derps, mpex servers go offline, mpex servers come back online, nobody wants to do series a anymoar. the lyf&tymes. << is it already the third generation? like http://fraudsters.com/2014/pushing-the-soft-tender-flesh-of-a-friend-against-the-sharp-rotating-blades-of-the-immutable-machine/#footnote_3_56091 ?

15:55:40 assbot: Pushing the soft tender flesh of a friend against the sharp rotating blades of the immutable machine. pe fraudsters - Un blog de Mircea Popescu.

15:55:50 pankkake: but my body is hardly in an healthy state

15:57:38 pete_dushenski: pankkake: i was never much good at it myself but tried again a few weeks ago and breezed through 24 hours. no sweat.

15:59:11 pankkake: I feel more deezy than hungry

15:59:53 pankkake: wait, how is that word spelt

16:00:04 pete_dushenski: well you still gotta drink water

16:00:10 pete_dushenski: deezy is funnier than dizzy

16:00:29 pete_dushenski: i drank coffee too

16:00:32 pankkake: it's how I write dizzy when I'm dizzy

16:00:33 assbot: [HAVELOCK] [PETA] [PAID] 13.22486200 BTC to 1`149`988 shares, 1150 satoshi per share

16:03:38 assbot: [HAVELOCK] [B.MINE] [PAID] 1.78326792 BTC to 13`993 shares, 12744 satoshi per share

16:06:54 pete_dushenski: https://docs.google.com/file/d/0B8nhAlfIk3QIbGFzOXF5UUN3N2c/edit << taleb on gmo foods and precautionary principle

16:06:54 assbot: pp2.pdf - Google Drive

16:07:08 pete_dushenski: "

16:07:39 pete_dushenski: "The Precautionary Principle: Fragility and Black Swans from Policy Actions"

16:08:14 asciilifeform: gmo foods << a term annoying as all hell. there are no 'gmo foods

16:08:16 asciilifeform: market

16:08:38 asciilifeform: there is only, at present, 'foods optimized to resist gargantuan quantities of herbicide on the field.'

16:09:20 asciilifeform: people debate 'gmo food' as if i can go and buy, e.g., tomato plant that expresses caffeine, etc

16:10:56 pete_dushenski: asciilifeform: that'd be the tomacco you're looking for

16:11:34 pete_dushenski: and it's herbicide resistance as well as larger output, drought resistance

16:12:18 asciilifeform: or say, go and fix RuBisCO, world's most inefficient enzyme, bottleneck in photosynthesis. then grow enough on garden plot to feed entire street. destroy land/wealth equivalency, mass chaos, good times.

16:12:22 pete_dushenski: sure, foods have always been tinkered with by man, but introducing scorpion and jellyfish genes into grains is something else entirely

16:12:29 asciilifeform: but no, somehow, 'gmo' equals what monsanto inc. does.

16:13:19 pete_dushenski: fair enough

16:13:22 asciilifeform: poisons - are poisonous. news at 11.

16:13:53 pete_dushenski: the term is associated with the profit-oriented, risk-burying activities of megacorp abc

16:14:27 pete_dushenski: surely not the only possible application of genetic modification, just the only one anyone is bothering with

16:15:34 asciilifeform: pete_dushenski: for any other application, you need a total ability to piss on patents - backed up with thermonukes. a la ussr.

16:15:43 pete_dushenski: therefore having an issue with the use of "gmo" is akin to having an issue with a "president" who could be a figure skating soccer mascot, but isn't

16:17:00 pete_dushenski: iirc le putin is banning gmo crud in his fair land, if the sanctions aren't doing it first

16:18:46 asciilifeform: story time. the appearance of the mass-produced hypodermic needle in 19th c. came in time for the peculiar debate in usa re: 'humane' methods of execution. poison injected via hypodermic (today's fashion) was proposed. rejected at the insistence of the medical world - they argued, probably correctly, that it would scare off folks from agreeing to be injected with anything. (eventually electric chair was adopted.)

16:19:44 asciilifeform: if things had gone slightly differently, we might be debating whether medicine ought to make use of hypodermics, even today.

16:20:54 asciilifeform: electric chair, meanwhile, did its fair bit to delay the adoption of alternating current mains (just like its inventor, edison, wanted it to. though he would've like to delay it forever.)

16:21:11 thestringpuller: pete_dushenski we need more comics

16:24:16 pete_dushenski: thestringpuller: let's make some!

16:24:38 pete_dushenski: asciilifeform: i wonder what the noose did for the rope industry...

16:24:56 asciilifeform: pete_dushenski: noose is traditionally reusable

16:25:11 thestringpuller: pete_dushenski: aight, nubbins can be the comic editor

16:25:25 thestringpuller: i can write a few scripts and then my buddy can draw frames

16:25:35 thestringpuller: and you can be the publisher

16:27:00 pete_dushenski: thestringpuller: i say you start your own blog. super easy to do. then you can be the home of #b-a comics!

16:29:10 thestringpuller: hmm intriguing

16:29:21 thestringpuller: maybe after I finish the visualizer

16:30:45 pete_dushenski: no rush

16:34:01 chetty: <asciilifeform> there is only, at present, 'foods optimized to resist gargantuan quantities of herbicide on the field.'// actually I dont think they much have a clue all the effects of the 'engineering' they been up to

16:34:57 pete_dushenski: gotstajet. adios!

16:35:00 asciilifeform: chetty: speaking here of the one incontrovertible engineered effect (augmented tolerance for herbicides, pesticides)

16:37:16 chetty: asciilifeform, yup, and that one is bad enough, the unkinown ones are scary

16:40:12 assbot: [HAVELOCK] [CBTC] 14195 @ 0.0000525 = 0.7452 BTC [+]

16:42:14 assbot: [MPEX] [S.MPOE] 7400 @ 0.00070555 = 5.2211 BTC [+]

16:55:27 assbot: [HAVELOCK] [PETA] 518 @ 0.0013001 = 0.6735 BTC [-] {3}

16:56:54 asciilifeform: chetty: even with the poison, to approach something like the lethality of the mass automobile would be quite a feat. the more interesting aspect of present-day 'gmo' is geopolitical ('terminator seed', etc.)

16:58:19 asciilifeform: a historical annoyance, for all forms of state, is that folks can, in general, grow food without asking it permission first.

16:58:26 asciilifeform: this is being fixed.

16:58:31 chetty: asciilifeform, I still dont care to eat 'unknown' stuff. THe way they go about creating those things is insanity

16:59:31 assbot: [MPEX] [S.MPOE] 3308 @ 0.00070555 = 2.334 BTC [+]

17:00:03 asciilifeform: !up usagi

17:00:25 chetty: <asciilifeform> a historical annoyance, for all forms of state, is that folks can, in general, grow food without asking it permission first.//+++++

17:00:29 usagi: Thanks, I was looking at monsanto the other day actually and according to them at least, they don't produce "terminator seeds". http://www.monsanto.com/newsviews/pages/terminator-seeds.aspx

17:00:53 chetty: <usagi> Thanks, I was looking at monsanto the other day actually and according to them at least, they don't produce "terminator seeds".// YET

17:01:41 asciilifeform: usagi: at present, they have a very lucrative business (in usa) of filing mass lawsuits against folks on whose property their product ends up, through whatever means. hence the unprofitability of 'terminator'

17:01:56 asciilifeform: if something gets in the way of this business model - in usa or elsewhere - terminator.

17:03:29 usagi: Rome once tried to raise taxes on farmers to something like 100%. Farmers responded by abandoning their fields.

17:03:46 asciilifeform: more recent example - ussr, collectivization

17:05:13 chetty: USA doesn't really have farmers in the fields anymore

17:05:30 asciilifeform: eventual goal, for the state, is an endgame where you can't grow your own potato in secret any more than you can produce your own 14nm cpu.

17:05:41 chetty: and the few left are getting run out with the lawsuits

17:05:44 TheNewDeal: chetty, they're called mexicans

17:08:22 TheNewDeal: pete_dushenski , from a book my father was reading, one does not need to fast for 24 hours to reap the benefits

17:08:48 asciilifeform: the folks pushing the 'urban' ('totalitarian', etc, pick favourite term) model of civilization cannot really ever let go of the dream of the total annihilation of the 'rural' model.

17:09:33 asciilifeform: in so far as food can still be produced via traditional low-tech methods, the dream remains a dream

17:09:41 assbot: [MPEX] [S.MPOE] 4642 @ 0.00070555 = 3.2752 BTC [+]

17:09:44 asciilifeform: !s fraudsters corn

17:09:44 assbot: 3 results for 'fraudsters corn' : http://search.bitcoin-assets.com/?q=fraudsters+corn

17:10:49 thestringpuller: !s fraudsters porn

17:10:50 assbot: 0 results for 'fraudsters porn' : http://search.bitcoin-assets.com/?q=fraudsters+porn

17:10:53 thestringpuller: LOL

17:11:14 asciilifeform: why did the rulers of ussr, china, etc. push so aggressively for mechanized agriculture? to free the plow-pullers from their toil so they can watch opera?

17:11:22 jurov: <mircea_popescu> [09:28:56] mp lists derps, ... nobody wants to do series a anymoar. << but i was waiting with any advertisement till F.DERP gets online

17:12:14 TheNewDeal: ascii whats your point

17:12:18 TheNewDeal: why did they push for it then

17:12:25 asciilifeform: control.

17:12:39 asciilifeform: required reading: j.c. scott, 'the art of not being governed.'

17:13:46 TheNewDeal: oooo required

17:14:50 asciilifeform: well, technically not required. you can always decide to spend the next 20 years as a historian and walk the author's sources yourself, coming to his - or a different - conclusion.

17:16:13 asciilifeform: just as, if you want a glass of beer, no need to go to the pub - find some sand, salt, build a forge, having the glass, find some hops, barley... perhaps you will drink a superior beer in a few decades

17:17:07 asciilifeform: 'a decade in the lab could save you an afternoon in the library.'

17:17:13 asciilifeform: (actual poster in a former workplace of mine)

17:17:18 TheNewDeal: hahaha

17:18:32 chetty: you worked for N*A asciilifeform ?

17:18:32 asciilifeform: there is a third option, that i'll bring up for completeness because it appears to be very popular these days: piss in a paper cup, write 'beer' on it, drink up.

17:19:01 asciilifeform: chetty: National institutes of heAlth

17:19:02 asciilifeform: lol

17:19:45 chetty: guess gubermint posters are gubermint posters

17:20:02 asciilifeform: chetty: the poster is a favourite of librarians.

17:20:13 asciilifeform: perhaps BingoBoingo owns one.

17:20:48 TheNewDeal: gotta go find some coffee

17:23:30 BingoBoingo: asciilifeform: I don't have one yet...

17:30:51 TheNewDeal: didn't know bb was a librarian

17:32:21 chetty: !up usagi

17:39:09 punkman: http://blog.coinbase.com/post/95100794467/coinbase-acquires-blockr-io-welcomes-new-staff

17:39:09 assbot: The Coinbase Blog Coinbase Acquires Blockr.io, Welcomes New Staff

17:40:35 TheNewDeal: was this the first popular block explorer http://blockexplorer.com/ ?

17:40:36 assbot: Home - Bitcoin Block Explorer

17:41:04 TheNewDeal: as far as web pages go

17:41:14 pankkake: well shit

17:42:05 BingoBoingo: Coinbase better be unintentionally lulzy and let the ATC block explorer live...

17:43:06 asciilifeform: http://www.scribd.com/doc/236628112/Baltimore-District-Court-gun-ruling << mega-lol. u.s. federal judge quietly cancels the 'right to bear arms' thing by proclaiming that modern tech is not included.

17:43:08 assbot: Baltimore District Court gun ruling

17:44:26 *: asciilifeform wonders if the musket will come back into fashion

17:44:44 mircea_popescu: %p

17:45:02 atcbot: [CoinMiner Hashrate]: 2.21 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s

17:45:14 mircea_popescu: good morning asset-eers.

17:45:23 mircea_popescu: %p

17:45:33 atcbot: [CoinMiner Hashrate]: 2.26 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s

17:45:38 TheNewDeal: ;;marketbuy 1000

17:45:38 gribble: Error: "marketbuy" is not a valid command.

17:45:43 TheNewDeal: ;;market buy 1000

17:45:43 gribble: Bitstamp | A market order to buy 1000 bitcoins right now would take 480559.8422 USD and would take the last price up to 492.0000 USD, resulting in an average price of 480.5598 USD/BTC. | Data vintage: 0.0276 seconds

17:46:03 mircea_popescu: o hey, it dropped moar ?

17:46:04 mircea_popescu: ;;ticker

17:46:05 gribble: Bitstamp BTCUSD ticker | Best bid: 470.68, Best ask: 472.44, Bid-ask spread: 1.76000, Last trade: 470.67, 24 hour volume: 26807.72118225, 24 hour low: 442.0, 24 hour high: 510.0, 24 hour vwap: 499.397297578

17:46:18 TheNewDeal: dropped to 442 a few hours ago

17:46:41 TheNewDeal: really pissed, because I should have set an alarm and bought some coins

17:46:51 punkman: went to like $300 on btc-e

17:47:04 mircea_popescu: !up friend

17:47:09 mircea_popescu: so next time set an alarm lol.

17:47:26 TheNewDeal: holy shit, btc-e is still at 440

17:47:34 mircea_popescu: sounds like btc is nao copying mpex, i recall how pissed ppl were on the first and original sd dump

17:48:23 TheNewDeal: explain more

17:48:34 TheNewDeal: are you saying people are just mad because price is dropping?

17:49:15 mircea_popescu: just sorta joking with myself.

17:49:46 mircea_popescu: (there was this event, back in 2012 iirc, when someone sold like 1mn shares in shallow bids, resulting into a temporary 99.9% drop of the price)

17:50:03 TheNewDeal: for sd?

17:50:06 mircea_popescu: yea

17:50:21 TheNewDeal: did it ever rebound to the same level?

17:50:28 thestringpuller: yea

17:50:40 mircea_popescu: within an hour ?

17:50:44 thestringpuller: n

17:50:45 thestringpuller: o

17:51:12 TheNewDeal: seriously why would you need that much bitcoin that fast

17:51:13 mircea_popescu: thestringpuller you gonna do letter parts next ? :D

17:51:35 TheNewDeal: .

17:51:37 TheNewDeal: . .

17:51:42 TheNewDeal: . .

17:51:48 TheNewDeal: there's my n

17:51:50 mircea_popescu: TheNewDeal the common wisdom at the time was that someone butterfingered. either it was meant to be a buy rather than a sell, or too many zeroes or something

17:52:01 TheNewDeal: ahhh

17:52:13 TheNewDeal: how many shares were outstanding?

17:52:28 mircea_popescu: mpex was new, plenty of finance people had just for the first time in their life had this new pympex weirdo device and key based trading and etc.

17:52:36 mircea_popescu: i dun even recall, maybe 100mn ?

17:52:49 TheNewDeal: gotcha, justr trying to get an idea of scale

17:53:41 TheNewDeal: ltc going strong at 3.65 / .00815

17:54:25 assbot: [HAVELOCK] [AM1] 12 @ 0.29818325 = 3.5782 BTC [+] {3}

17:54:41 mircea_popescu: this silver that can't even keep 1%... what silver is it!

17:55:15 chetty: copper?

17:56:46 TheNewDeal: what's with the stock bet precedent of "close at price" vs "trade at price" ?

17:57:26 mircea_popescu: hm ?

17:57:45 mircea_popescu: chetty lol ltc is btc's copper ? what, so if all fails you can make yourself some nice ltc pipes ?

17:58:01 TheNewDeal: on bitbet, people always write up a bet about stocks like GOOG will close at above 1200 before jan 1

17:59:53 chetty: http://www.usatoday.com/story/news/nation/2014/08/18/navy-chiefs-continuation-boards/14223129/

17:59:54 assbot: Almost 8,000 Navy chiefs face ax; sailors could advance

18:02:07 thestringpuller: ;;later tell X-Rob do you mine yourself? if so do you sell btc?

18:02:07 gribble: The operation succeeded.

18:04:19 TheNewDeal: mp did you ever do any dirty deals with usagi?

18:05:36 X-Rob: thestringpuller: Yes, and not very often

18:05:58 X-Rob: I normally just reinvest into hardware. Vicious circle etc.

18:06:45 TheNewDeal: what do you have now? did I see something like 13.6 TH?

18:06:57 Apocalyptic: <X-Rob> I normally just reinvest into hardware. // this strategy is bound to fail

18:07:07 X-Rob: Apocalyptic: Eeyup.

18:07:22 X-Rob: thestringpuller: about 15TH

18:07:26 X-Rob: wups

18:07:31 thestringpuller: LOL

18:07:34 X-Rob: TheNewDeal: ^^

18:07:51 X-Rob: damn having two people starting with 'the'

18:09:42 X-Rob: Apocalyptic: It works in my, specific, limited circumstances. I have access to free power, and, I lease my hardware out. I also get to ride the wave of pump'n'dump coins, without actually any exposure.

18:10:00 X-Rob: EG, when BTCD emerged, I managed to earn 3BTC in 2 days.

18:10:25 X-Rob: that paid off all my avalon3 gear which I bought on a whim and then immediately regretted.

18:11:22 Apocalyptic: that's a different story, as you're not the only one bearing the cost

18:12:10 Apocalyptic: if you find people willing to rent hardware for a ridiculous price then you're good regardless

18:17:27 X-Rob: Apocalyptic: I normally work on ;;genrate + 10%, and I justify the +10% as 'I know what the fuck I'm doing, and you're going to get that hashrate pointed wherever you want it'

18:17:48 X-Rob: and a lot of the time I then have to help smaller pools configure their servers correctly

18:18:19 X-Rob: as a lot of them just leave the defaults. Which is fine for a slow, scrypt, pool. But terrible when you point TH of SHA at it.

18:18:49 X-Rob: But, if people are going to drive the prices up, then I"m going to take advantage of it

18:25:00 mircea_popescu: asciilifeform http://fraudsters.com/2014/pushing-the-soft-tender-flesh-of-a-friend-against-the-sharp-rotating-blades-of-the-immutable-machine/#comment-105667

18:25:01 assbot: Pushing the soft tender flesh of a friend against the sharp rotating blades of the immutable machine. pe fraudsters - Un blog de Mircea Popescu.

18:25:16 asciilifeform: aha just finished reading that.

18:25:21 mircea_popescu: the article sized comments will continue until it stops with the nitpicks

18:25:29 mircea_popescu: haha reread because well i edited it

18:25:36 mircea_popescu: (coupla paras at the end0

18:25:41 asciilifeform: lol neato

18:25:57 mircea_popescu: TheNewDeal> on bitbet, people always write up a bet about stocks like GOOG will close at above 1200 before jan 1 << so it's like freedom, let them have fun.

18:27:16 BingoBoingo: http://www.independent.co.uk/news/world/americas/michael-brown-shooting-amnesty-international-sends-team-within-us-for-first-time-as-national-guard-deployed-9675149.html

18:27:16 assbot: Michael Brown shooting: Amnesty International sends team within US for first time as National Guard deployed - Americas - World - The Independent

18:27:32 mircea_popescu: <TheNewDeal> mp did you ever do any dirty deals with usagi? << many moons ago. http://fraudsters.com/2012/bitcoin-still-not-quite-ready-for-cdos/

18:27:33 assbot: Bitcoin, still not quite ready for CDOs pe fraudsters - Un blog de Mircea Popescu.

18:27:36 mircea_popescu: !up rake_boss

18:27:53 mircea_popescu: BingoBoingo it's looking pretty gnarly huh.

18:28:29 chetty: <mircea_popescu> BingoBoingo it's looking pretty gnarly huh.// just needs a handbasket

18:28:49 mircea_popescu: as the compatriots said twenty years ago, Azi in Timisoara, Miine'n Ferguson, MO.

18:28:50 mircea_popescu: https://www.youtube.com/watch?v=CVnmiZBCjuI

18:28:51 assbot: Azi in Timisoara, maine-n toata tara! - YouTube

18:28:53 BingoBoingo: mircea_popescu: Yeah, the parody article's only flaw is there are no signs of Sino-Russian intervention yet. Merely observers.

18:29:13 mircea_popescu: BingoBoingo the thing is, both the chinese and the russians are run by people.

18:29:22 mircea_popescu: people understand it's fucking stupid to undertake administering a shithole.

18:29:40 BingoBoingo: This is true

18:29:51 rake_boss: hey mircea_popescu

18:29:56 rake_boss: the gribble authentication thing

18:29:57 rake_boss: is bullshit

18:30:04 rake_boss: why not just put +r

18:30:06 mircea_popescu: heck, even the bureaucracy understood it eventually. hence no iraq 51st state

18:30:16 mircea_popescu: rake_boss to oppress people.

18:30:22 TheNewDeal: O wow. that's kind of nasty

18:30:37 TheNewDeal: !down rake_boss

18:30:57 mircea_popescu: +r is based on this imbecilic theory that the content matters and the people do not.

18:31:17 mircea_popescu: the reality in the field is exactly opposite : i can dump porn pics all day and it'll stil be more important for bitcoin than tim swanson';s "books".

18:31:27 TheNewDeal: hahaha

18:32:37 mircea_popescu: !up shovel_boss

18:32:50 TheNewDeal: is anyone familiar with a terry tibs?

18:33:10 mircea_popescu: sounds like an old timer

18:33:34 shovel_boss: ass

18:33:36 shovel_boss: tities

18:33:39 shovel_boss: ass

18:33:39 shovel_boss: and

18:33:40 shovel_boss: tities

18:33:41 shovel_boss: ass

18:33:42 shovel_boss: ass

18:33:43 shovel_boss: tities

18:33:45 shovel_boss: tities

18:33:45 shovel_boss: ass

18:33:47 thestringpuller: !down shovel_boss

18:33:47 shovel_boss: and

18:33:48 mike_c: !down shovel_boss

18:33:50 mircea_popescu: lol

18:34:04 assbot: [MPEX] [S.MPOE] 9600 @ 0.00070526 = 6.7705 BTC [-]

18:34:12 TheNewDeal: apparently he was quite angered after I downed him the first time

18:34:25 thestringpuller: heh

18:34:31 thestringpuller: just came back to spam

18:34:36 mircea_popescu: it's like "dudes if you don't make the world friendlier to stupid people i'll stab myself in the eye"

18:34:39 mircea_popescu: totally effectual.

18:36:18 TheNewDeal: today marks an important day. My first ignore

18:36:26 mircea_popescu: <Apocalyptic> <X-Rob> I normally just reinvest into hardware. // this strategy is bound to fail << i think he pretty much said he enjoys the tinkering aspect. so from his pov it's perfect, put some money in, letting it run itself out. bitcoin, the very complex and realistic online mmorpg/mud

18:36:47 X-Rob: Heh. That's somewhat accurate

18:37:37 X-Rob: I've probably spent about 10k over the years on video cards, power supplies, etc. I haven't put any dollars into it in over 18 months (since ASICs became The One True Way(tm), basically).

18:37:42 X-Rob: And I have fun.

18:38:05 mircea_popescu: people here have shit like i dunno, laser cutters all over their kitchen. so... you're in good company

18:38:11 mircea_popescu: buncha compulsive hoarders.

18:39:31 BingoBoingo: https://twitter.com/ktbenner/statuses/501409764765478914

18:39:32 assbot: Twitter / ktbenner: @nitashatiku black people locking ...

18:39:43 TheNewDeal: ;;seen davout

18:39:43 gribble: davout was last seen in #bitcoin-assets 5 days, 8 hours, 10 minutes, and 55 seconds ago: <davout> ;;later tell mircea_popescu http://log.bitcoin-assets.com/?date=12-08-2014#791960 <<< interesting

18:41:23 danielpbarron: !up stander

18:44:27 assbot: xanthyos +v failed; L1: 0, L2: 0

18:45:51 mircea_popescu: !up xanthyos

18:45:59 xanthyos: thanks

18:46:17 xanthyos: stander: get in the WoT, you have 3 people who are waiting to give you postive rating!

18:47:38 mircea_popescu: who is he ?

18:47:57 xanthyos: an associate of danielpbarron and mine

18:48:41 danielpbarron: found him on localbitcoins dealing in the town over from me

18:48:43 xanthyos: completely reputable individual who refuses to wot or use a real irc client

18:49:07 mircea_popescu: cool.

18:49:13 mircea_popescu: lol but why

18:49:53 punkman: heh >> dustintheweb: Story time: I just bought 0.2 from a Lamassu ATM. It timed out in mid process w/out ever updating the bitchain. I about crapped my pants, but the business owner opened the box for me, got my money out, then we tried it again until it worked.

18:50:24 mircea_popescu: put it on r/buttcoin

18:50:57 xanthyos: punkman: he spoke to me just a couple hours ago planning to try the lamassu

18:51:06 xanthyos: glad i wasn't the test case

18:51:09 punkman: and at 10% premium

18:51:32 mircea_popescu: sad that the story fails to include a "he mumbled god dangit while kicking the machine a couple of times"

18:51:50 mircea_popescu: "then when it finally went through his face light up "you just gotta know how to work these treknologies"

19:06:07 mircea_popescu: !up thExit

19:07:37 assbot: [MPEX] [S.MPOE] 21300 @ 0.00070632 = 15.0446 BTC [+] {3}

19:08:13 pete_dushenski: http://modernfarmer.com/2013/09/saga-spidergoat/ << speaking of gmo'ery

19:08:14 assbot: The Silky, Milky, Totally Strange Saga of the Spider Goat - Modern Farmer

19:08:53 pete_dushenski: silk+goat+canadian research = darpa toy

19:09:23 asciilifeform: pete_dushenski: this animal appears as a minor character in m. atwood's book 'oryx and crake', where it is called 'spoat/gider'

19:09:46 pete_dushenski: lol go figure

19:09:56 pete_dushenski: asciilifeform: have you read much atwood?

19:10:06 asciilifeform: not really the sensational chimera the article suggests. ordinary goat that secretes a usefully spidersilky protein in the milk.

19:10:16 asciilifeform: pete_dushenski: just the fun ones

19:11:02 pete_dushenski: heh cool

19:11:41 assbot: [HAVELOCK] [AM1] 2 @ 0.298 = 0.596 BTC [+]

19:13:06 pete_dushenski: i've got year of the flood on my reading list

19:13:35 asciilifeform: pete_dushenski: the last (third) book's been out for ages, too.

19:15:27 TheNewDeal: pete_dushenski was hoping they would mention Island of Dr. Moreua, just finished that one up

19:16:33 pete_dushenski: TheNewDeal: they?

19:16:46 TheNewDeal: spidergoat article

19:17:36 pete_dushenski: lol o ok

19:18:40 TheNewDeal: best comment on the article "I want a spider goat condom, that I can pass down to my male grand child."

19:19:20 pete_dushenski: so why exclude the female grandchild?

19:19:34 pete_dushenski: like she's not involved in the contraceptive process

19:21:51 assbot: [MPEX] [S.MPOE] 20850 @ 0.00070422 = 14.683 BTC [-] {2}

19:22:52 assbot: [MPEX] [S.MPOE] 1252 @ 0.00070291 = 0.88 BTC [-]

19:23:09 thestringpuller: TheNewDeal is a master at vivisecting animals into humans

19:23:13 thestringpuller: humanoids*

19:23:49 TheNewDeal: do i smell a new otc rating coming?

19:24:02 thestringpuller: lol

19:25:08 mircea_popescu: pete_dushenski good point actually.

19:25:24 mircea_popescu: but perhaps the implication is that it'd be icky to use another man's spider web condom

19:25:34 mircea_popescu: more so for the other man part than for the spider web part, god knows how that works.

19:26:28 TheNewDeal: do you think the females would enjoy a reused condom?

19:26:50 pete_dushenski: using another man's condom is like using another man's mouth to prechew your food before its shoved down your feeding tube

19:27:37 mircea_popescu: TheNewDeal well maybe the implication is you only used it on their best friends.

19:27:52 mircea_popescu: (more likle, the implication is you're from the us, and thus mate once for a lyftyme)

19:29:14 fluffypony: so do we know if the ATC block exporer is going to be culled or not?

19:29:18 TheNewDeal: low blow

19:29:37 fluffypony: also fuck Coinbase, again, they irritate mea

19:29:41 mircea_popescu: culled ?

19:30:22 fluffypony: mircea_popescu: the blockr one

19:31:04 mircea_popescu: wha do you mean by culled

19:31:10 mircea_popescu: the noun i get, the verb i dont.

19:31:54 mike_c: what noun? cull is a verb.

19:32:02 fluffypony: http://www.thefreedictionary.com/culled

19:32:03 assbot: culled - definition of culled by The Free Dictionary

19:32:06 fluffypony: http://en.wikipedia.org/wiki/Culling

19:32:06 assbot: Culling - Wikipedia, the free encyclopedia

19:33:30 mircea_popescu: >.<

19:33:33 mircea_popescu: this is progressing nicely.

19:34:07 mircea_popescu: fluffypony are you aiming to ask "will blockr.io be shut down integrally or will the atc part somehow magically survive" or do you aim to ask "will atc implement blockchain culling like the btc does"

19:34:18 fluffypony: neither

19:34:25 mircea_popescu: win.

19:34:41 fluffypony: I mean "will blockr.io stop support ATC, thus culling it from the list of coins for which it provides blockchain explorers"

19:34:59 mike_c: fluffypony: blog post indicated the whole thing is going away.

19:35:02 mircea_popescu: not afaik ?

19:35:38 mike_c: "Blockr.io will continue to operate as usual for now"... and then it will go away.

19:35:41 Apocalyptic: mike_c, is it ?

19:35:58 mike_c: that's how i read it.

19:36:07 fluffypony: lol

19:36:16 fluffypony: I agree - "Blockr.io will continue to operate as usual for now as Sašo and Samo transition to their work at Coinbase."

19:36:25 fluffypony: "as they transition" is transitory

19:38:19 TheNewDeal: isnt' atc stalling at the moment?

19:38:50 mike_c: %d

19:38:51 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 180012.80 in 1916 blocks (#46368) Est. % Change: -90.42

19:39:14 fluffypony: LTC dropped 20% today, Darkcoin is the major loser

19:39:20 fluffypony: 36% drop in 24 hours

19:39:47 mircea_popescu: i dun think atc ever dropped two digits sort of shit.

19:43:15 TheNewDeal: I'm just talking about the mining

19:43:20 []bot: Bet placed: 2 BTC for Yes on "Nasdaq to close at over $4500 in 2014" http://bitbet.us/bet/966/ Odds: 90(Y):10(N) by coin, 86(Y):14(N) by weight. Total bet: 2.64962778 BTC. Current weight: 62,518.

19:43:29 BingoBoingo: %p

19:43:43 atcbot: [CoinMiner Hashrate]: 2.65 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s

19:44:08 BingoBoingo: mircea_popescu> i dun think atc ever dropped two digits sort of shit. << You forget before the civilized times ATC would trade at ~500 and 100 satoshis in the same hour

19:44:24 mircea_popescu: pre-bb atc ? kay :p

19:44:37 mircea_popescu: %d

19:44:38 atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 180012.80 in 1916 blocks (#46368) Est. % Change: -90.42

19:44:45 mircea_popescu: %p

19:44:53 atcbot: [CoinMiner Hashrate]: 2.71 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s

19:45:12 mircea_popescu: TheNewDeal well it's got 1.7th perm from now on, plus whatever other people throw at it, so im guessing a 5 to 10 th rate going forward is probably its level

19:45:53 TheNewDeal: so a 51% attack right now would be how many TH?

19:46:13 TheNewDeal: 2-3?

19:47:22 mircea_popescu: well, it'd also need to have a transaction.

19:47:26 BingoBoingo: mircea_popescu: Not pre-me, but pre-marketmaking

19:47:34 mircea_popescu: i don't think there's been a block with a transaction in it since may.

19:47:53 mircea_popescu: this because you know, merchant adoption is so important for a coin and all that.

19:54:03 mircea_popescu: http://bitbet.us/bet/1026/btc-to-rally-to-4000-before-july-2015/

19:54:03 assbot: BitBet - BTC to rally to $4000 before July 2015 :: 0.1 B (1%) on Yes, 8.08 B (99%) on No | closing in 9 months 2 weeks | weight: 99`856 (100`000 to 2`000)

19:54:05 mircea_popescu: 80 to 1 huh.

19:57:18 TheNewDeal: not bad odds

19:57:28 TheNewDeal: July 2015 is a long ways away

19:59:11 TheNewDeal: ;;ident anduck

19:59:11 gribble: Nick 'anduck', with hostmask 'Anduck!~anduck@unaffiliated/anduck', is identified as user 'Anduck', with GPG key id 5F81CCEC5886D61E, key fingerprint CA792C93C799D2C83A69BCE65F81CCEC5886D61E, and bitcoin address 1Anduck6bsXBXH7fPHzePJSXdC9AEsRmt4

19:59:22 Anduck: sup TheNewDeal?

19:59:23 TheNewDeal: anduck what business did you do with usagi?

19:59:35 Anduck: why?

19:59:43 TheNewDeal: just saw your otc rating on him

19:59:51 Anduck: ;;rated usagi

19:59:52 TheNewDeal: he came in here yesterday for whatever reason

19:59:52 gribble: You rated user usagi on Tue Jul 3 07:45:25 2012, with a rating of 2, and supplied these additional notes: good business, thanks =).

20:00:06 Anduck: it was with his CPA business

20:00:17 mircea_popescu: !up pharesim

20:00:18 TheNewDeal: that was him insuring against a default of glbse?

20:00:24 Anduck: yes

20:00:29 mircea_popescu: it was a default of pirate wasn't it ?

20:00:34 Anduck: no, glbse

20:00:49 mircea_popescu: hm. maybe pirate was earlier, there were a bunch

20:01:43 TheNewDeal: did he insurance against multiple parties with the same CPA?

20:01:47 TheNewDeal: insure*

20:02:11 Anduck: dunno

20:02:31 assbot: [MPEX] [S.MPOE] 5864 @ 0.00070677 = 4.1445 BTC [+]

20:03:20 TheNewDeal: But on Aug 23rd says to CPA investors:

20:03:20 TheNewDeal: "In the event of a full pirate default, NYAN.C will loose out, and CPA holds NYAN which holds NYAN.C. Then we have contracts on the outside as well. All in all CPA will remain very solvent, it may lose 20% of it's value in a full default. But we stands just as ready to gain 20% if pirate doesn't default." - it will remain very solvent

20:03:25 TheNewDeal: https://bitcointalk.org/index.php?topic=113708.460;wap2

20:03:25 assbot: Usagi: falsifying NAVs, manipulating share prices and misleading investors.

20:03:39 TheNewDeal: perhaps I'm reading this wrong

20:06:06 TheNewDeal: kakobrekla are you in the house?

20:08:02 kakobrekla: sorta

20:08:48 TheNewDeal: you got a payout from usagi at one point, amiright?

20:09:04 TheNewDeal: it was less than what you had bargained for, like 900 off of 1100?

20:09:05 kakobrekla: ;;rated usagi

20:09:06 gribble: You rated user usagi on Tue Apr 15 13:37:58 2014, with a rating of 1, and supplied these additional notes: Had a 1140 btc contract with usagi which entitled me to said amount on 2012-08-26. The final payment was done 2013-04-27, totaling 995 btc. The sum was 145 btc short but I agreed to let it slide because of distress on the market of the underlying 'securities' and rapid btc market (1 more message)

20:09:22 ben_vulpes: ;;more

20:09:22 gribble: expire in 10 minutes.

20:09:55 TheNewDeal: what was the contract insurange against? default by _____ ?

20:10:27 kakobrekla: the ponzi

20:10:39 TheNewDeal: pirate or nefario?

20:11:02 kakobrekla: arrrgh!

20:11:09 TheNewDeal: it was pirate

20:11:23 TheNewDeal: usagi told me it was paying out on a glbse default

20:11:23 kakobrekla: mhm

20:11:51 TheNewDeal: why the hell would anyone insure against a default on pirate?

20:11:57 kakobrekla: he had it listed there

20:12:04 TheNewDeal: on glbse?

20:12:13 kakobrekla: iirc yea

20:12:32 mircea_popescu: TheNewDeal you're new here :)

20:12:41 assbot: [MPEX] [S.MPOE] 8250 @ 0.00070679 = 5.831 BTC [+] {2}

20:12:43 mircea_popescu: plenty of people ACTUALLY believed a) pirate is a bright ceo etc

20:12:54 mircea_popescu: and b) his delinquent debt holds value.

20:13:25 TheNewDeal: wasn't usagi giving insurance though at a VERY late point in the pirate ship?

20:13:30 mircea_popescu: i know it looks impossible in retrospect, but it was the fact at the time.

20:13:45 mircea_popescu: consider the situaiton where a bunch of people actually believed the earth is flat at some point

20:14:06 mircea_popescu: well, his relevancy came at a very late point. he had been making noises for a long time, but nobdy paid attention for an equally long time.

20:14:19 TheNewDeal: usagi?

20:14:49 TheNewDeal: god damn english language and it's ambiguous pronouns

20:15:11 TheNewDeal: and it's similuar looking contractions

20:15:32 mircea_popescu: yes usagi.

20:16:14 TheNewDeal: he told me he is still making payments to people to this date... I think it was for bmf ?

20:17:13 mircea_popescu: part of the problem is that the guy run his affairs cca 2012 as if they were fantasy baseball. buncha names/identities with no substantial business existence or raison d'etre, making the thing difficult to remember or sanely structure historically.

20:17:34 mircea_popescu: they all traded with each other, often on bizarre terms, which'd make any judge simply lump everything together in disregard of any veils.

20:17:44 asciilifeform: wait! same usagi to whom someone dedicated a voicing of my crashing bird film ?

20:18:18 TheNewDeal: crashing bird film should receive a 91% at minimum on rotten tomatoes

20:18:24 asciilifeform: lol

20:18:46 asciilifeform: https://www.youtube.com/watch?v=beA99BVTFJ0&feature=youtu.be

20:18:47 assbot: The Lilac Breasted Usagi Bird - YouTube

20:19:13 TheNewDeal: I'm just trying to piece usagi's relevancy in the mix

20:19:19 fluffypony: I'm still waiting for someone to review my film

20:19:21 TheNewDeal: was he a small time player in the scale of the glbse flop?

20:19:47 TheNewDeal: ooooh my

20:19:48 assbot: [MPEX] [S.MPOE] 16129 @ 0.00070698 = 11.4029 BTC [+]

20:20:08 fluffypony: I linked that video to him in -otc the other day

20:20:36 fluffypony: [2014-08-17T17:03:00+0200] <+fluffypony> https://www.youtube.com/watch?v=beA99BVTFJ0

20:20:36 assbot: The Lilac Breasted Usagi Bird - YouTube

20:20:36 fluffypony: [2014-08-17T17:03:50+0200] <usagi> Fluffypony are you aware that I have actually been offered business as a result of you targeting me?

20:20:36 fluffypony: [2014-08-17T17:04:11+0200] <usagi> Look at my WOT brother. The wot itself is telling you how transpareently obvious you are

20:20:41 TheNewDeal: hadn't watched it with the voiceover yet

20:20:51 TheNewDeal: 3-5 times better

20:20:58 fluffypony: TheNewDeal: some dude on Fiverr, I wrote the script and it cost me a whole $5 :-P

20:21:01 TheNewDeal: always thought G was soft though

20:21:03 *: asciilifeform was fully immune to pirate, usagi (?), all the other early birds of btc scamdom - how? by having nothing for them to snarf.

20:21:15 *: asciilifeform owns shirt on his back

20:21:40 mircea_popescu: asciilifeform prolly.,

20:21:43 fluffypony: TheNewDeal: I think the hard G sounds better if it's describing a bird :-P

20:22:04 mircea_popescu: TheNewDeal he was a small, very vocal, very entertaining player.

20:22:37 mircea_popescu: fluffypony you may have the best roi of all the hollywood majors.

20:22:46 fluffypony: hah hah

20:24:52 TheNewDeal: what was most annoying was he PMed me after I spoke with him here. Over the next hour or so he tried to convince me of his smashing businesses successes, and the danger of healthy skepticism

20:25:55 BingoBoingo: TheNewDeal> what was most annoying was he PMed me after I spoke with him here. Over the next hour or so he tried to convince me of his smashing businesses successes, and the danger of healthy skepticism << This is the reason for his neg rating.

20:26:22 mircea_popescu: i duinno that he did ever make any money, i highyl doubt it. he did go to some personal trouble to try and cover for the various potholes he made, at some point even selling (or claiming to ?) his guitar

20:26:31 mircea_popescu: he did also sort-of maintain employment in the interval, so w/e.

20:27:21 TheNewDeal: claimed he was a teacher

20:27:26 TheNewDeal: kind of scared me

20:27:45 mircea_popescu: well yeah but of like english

20:27:47 mircea_popescu: not business.

20:27:59 mircea_popescu: anyway, gtg and catch yall laters!

20:28:11 TheNewDeal: thanks for the history lesson

20:46:14 assbot: [MPEX] [S.MPOE] 28753 @ 0.00070607 = 20.3016 BTC [-] {2}

21:00:29 assbot: [MPEX] [S.MPOE] 5250 @ 0.00070839 = 3.719 BTC [+] {2}

21:07:22 penguirker: New blog post: http://cascadianhacker.com/blog/2014/08/18_digging-out-of-ones-own-holes.html

21:08:07 BingoBoingo: ben_vulpes: Oh, you blog again nao?

21:08:56 jurov: that was more like a tweet

21:12:10 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/2GWNMAG.txt )

21:12:10 BingoBoingo: !b 3

21:12:34 BingoBoingo: jurov: Yeah

21:14:14 ben_vulpes: <jurov> that was more like a tweet << playing with the format a bit, yeah. 140 characters ain't enough, but less than 200 words can be fine too.

21:39:06 assbot: [HAVELOCK] [AM100] 300 @ 0.00299399 = 0.8982 BTC [+] {2}

21:47:11 mike_c: !t h hash

21:47:12 assbot: [HAVELOCK:HASH] 1D: 0.02200000 / 0.022 / 0.02200000 (8 shares, 0.17600000 BTC), 7D: 0.02200000 / 0.022 / 0.02200000 (100 shares, 2.20000000 BTC), 30D: 0.02200000 / 0.022 / 0.02200000 (544 shares, 11.96800000 BTC)

22:02:06 ben_vulpes: ;;later tell Mexual http://piratrad.io/

22:02:06 assbot: piratradio

22:02:06 gribble: The operation succeeded.

22:02:10 ben_vulpes: ;;later tell Vexual http://piratrad.io/

22:02:11 assbot: piratradio

22:02:11 gribble: The operation succeeded.

22:02:14 ben_vulpes: ;;later tell muXne http://piratrad.io/

22:02:14 assbot: piratradio

22:02:14 gribble: The operation succeeded.

22:02:18 ben_vulpes: why do i even bother...

22:05:41 BingoBoingo: benkay: because this makes stuff so much easier

22:19:46 assbot: [HAVELOCK] [PETA] 509 @ 0.00125093 = 0.6367 BTC [-] {6}

22:35:02 assbot: [HAVELOCK] [PETA] 1580 @ 0.00125 = 1.975 BTC [-]

22:39:35 mike_c: benkay: nice work on the raw login! thx.

22:41:55 HeySteve: I have updated my game thread if anyone feels like splashing out with some testnet coins

22:51:09 ben_vulpes: ;;later tell mike_c all for you baby. took two hours as i refactored the whole way login works. let me know if stupid shit happens around logins.

22:51:09 gribble: The operation succeeded.

22:51:36 kakobrekla: but did you write tests ??

22:51:41 ben_vulpes: piles.

22:51:45 kakobrekla: :D

22:51:59 ben_vulpes: U TROLL

22:57:44 ben_vulpes: btw addressing kakobrekla's van fud http://log.bitcoin-assets.com/?date=16-08-2014#798498 http://imgur.com/1n6Xjnt

22:57:45 assbot: #bitcoin-assets log

22:57:45 assbot: imgur: the simple image sharer

23:05:20 mod6: OMFG I DID IT!

23:05:30 mod6: after crafting the leaky flask, im like: https://www.youtube.com/watch?v=8F55olo6F94

23:05:31 assbot: Happy Gilmore Doing the Bull Dance - Feeling The Flow - Working it. - YouTube

23:39:04 assbot: [MPEX] [S.MPOE] 12561 @ 0.00070511 = 8.8569 BTC [-]

23:43:08 assbot: [MPEX] [S.MPOE] 4350 @ 0.00070528 = 3.068 BTC [+]