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Transcript for 22-05-2013, 1989 lines:

00:00:40 Uglux: is there a theymos post about the new trust system?

00:01:30 fiat500: ThickAsThieves: technically, i could calculate the value of the shares i own in your AM 100PT and list that as risked BTC

00:01:44 fiat500: and then when it crashes and you default i can say scammed

00:02:36 mircea_popescu: i think you need it to be in ripple for that.

00:02:43 fiat500: LOL

00:03:06 fiat500: he could just give me an IOU

00:03:11 fiat500: problem solved

00:07:21 fiat500: i for one am glad we have scammers

00:07:33 fiat500: imagine the alternative, no scammers at all, every single fucking thing is 100% legit

00:07:41 fiat500: imagine your paranoia then

00:08:17 truffles: now thats a twisted way of thinking

00:08:53 fiat500: too good to be true, and then you start doubting everything, pretty soon you are in the matrix

00:09:06 truffles: this is the matrix!

00:10:04 mircea_popescu: lol

00:10:41 fiat500: if it werent for scammers, i wouldnt be able to trust anyone

00:11:49 truffles: two words: long con

00:12:20 BitHub: you think that's air you're breathing now?

00:13:02 dub: mircea_popescu: heh was talkign to a buddy on saturday night who is travelling to canada in a few weeks for work and thinking about heading down to new york for a few days 'but the wife will kill me for going there without her, fucking sex in the city'

00:13:53 BitHub: cool story hanzel

00:14:26 truffles: ya

00:14:53 truffles: nobody wants to go to canada heh

00:15:28 Namworld: Nobody wants to but everybody likes Canada...

00:15:40 dub: except canadians

00:15:42 Namworld: They should stop whining and just try

00:16:17 fiat500: just the tip, just to see how it feels

00:16:30 ThickAsThieves: [20:01] <fiat500> ThickAsThieves: technically, i could calculate the value of the shares i own in your AM 100PT and list that as risked BTC <<< go for it

00:16:48 Namworld: EEEXAACTLYYYYYYYYyyy

00:16:53 ThickAsThieves: I consider myself to have risk in a similar way through Burnside/Ukto/topace

00:17:00 Namworld: Thank you, fiat500, for pointing it out

00:17:01 fiat500: but then id be taking part in that joke and im not interested

00:17:12 fiat500: its a joke right?

00:17:25 truffles: <fiat500> just the tip, just to see how it feels>>> memories

00:18:54 fiat500: good ones? :)

00:19:00 dub: it just got wierd in here

00:19:02 truffles: ofc

00:20:40 ThickAsThieves: looks like btctc getting ddos attacked again

00:21:14 Uglux: victim of their own success ...

00:25:00 Namworld: Victim of DDoS'ers*

00:26:21 Uglux: god i fuckin hate gox every time i'm reminded of them

00:27:48 dub: amen brother

00:30:24 kakobrekla: http://i.imgur.com/m36qE00.jpg

00:30:30 kakobrekla: this is quite priceless

00:30:50 kakobrekla: Caption: BFL Josh (left) watches studiously as Yifu and Team Avalon (pictured right) school him on ASICs and product development.

00:31:44 Uglux: yea its drama gold :)

00:31:50 dub: where is that?

00:32:12 kakobrekla: at the bitcoin conf

00:32:17 truffles: he has the face of doucher..

00:32:42 truffles: (guy on left)

00:32:48 bdk_kluge: Is he laughing about Josh's collection plate being empty?

00:33:05 bdk_kluge: (Hey, Goat... anything exciting with you, these days?)

00:33:59 kakobrekla: haha yeah that asic wafer looks like a gold pan/sieve

00:34:02 kakobrekla: and its empty

00:34:26 Guest34374: kakobrekla the bitfury's ?

00:34:31 Guest34374: doh.

00:34:35 kakobrekla: wha?

00:34:49 mircea_popescu: the wafer.

00:34:53 mircea_popescu: o nm bfl.

00:34:56 kakobrekla: wafer is bfls

00:35:13 kakobrekla: yifu accually has the chip

00:35:18 mircea_popescu: o ?!

00:35:19 kakobrekla: doesnt need no wafer to display

00:35:23 kakobrekla: yifu = avalon

00:35:27 mircea_popescu: a yeah.

00:35:31 mircea_popescu: thestringpuller http://polimedia.us/fraudsters/2013/youre-the-guy-who-wasnt-good-enough-to-sling-dope/

00:36:48 Namworld: Coinroll filling the demand for microgamblers: https://coinroll.it/bets

00:40:04 fiat500: retards btct didnt change the direct CNAME for their server

00:40:10 fiat500: recipe for disaster

00:41:57 mircea_popescu: whatcouldpossibly.jpg

00:42:29 fiat500: direct.btct.co resolves to which is currently down

00:43:03 fiat500: whole point of using cloudflare is to hide your server, if you keep the default "direct" CNAME you are a total moron

00:44:30 fiat500: ThickAsThieves: looks like its back now

00:44:32 mircea_popescu: lies.

00:58:55 burnside: fiat500, yoah

00:58:56 deadweasel: ;;ticker\

00:59:29 truffles: fail

00:59:46 truffles: ;;ticker

01:00:12 burnside: direct.btct.co does not point at any btct.co hosts...

01:00:37 ericmuyser: burnside: hey burnside, curious why there's a fee on expiring bids?

01:00:43 burnside: so target at will.

01:01:21 burnside: ericmuyser, to encourage not using expiring bids

01:01:28 burnside: more orders on the books, better volume

01:01:45 ericmuyser: or discourage using it rather, haha, okay cool

01:02:04 burnside: yeah, the fee is tiny

01:02:20 ericmuyser: so then if you cancel the bid, you pay the fee? or only on trade execution

01:02:35 burnside: you pay the fee when the order is placed

01:02:38 burnside: no refunds.

01:03:18 burnside: If it went at trade execution then it wouldn't have the intended effect

01:03:18 ericmuyser: sweet thanks

01:03:21 burnside: np

01:03:59 Namworld: Just see the automated expiry on orders as an extra service

01:04:43 ericmuyser: burnside: oh sorry I meant the fee for playing a bid, not the fee for expiring the bid. you pay that even if you cancel?

01:04:49 ericmuyser: placing a bid*

01:06:15 burnside: ahhh, no, the 0.25% fee is applied when the trade is executed.

01:09:49 burnside: sorry about the interruption with the site btw. I introduced an infinite loop somewhere in one of the upkeep crons. Co-worker caught it before it went unresponsive and said I had a cron process eating several GB of ram. ;)

01:10:10 burnside: working on tracking that down...

01:47:04 dub: you pay a fee for placing an order on btct?

01:49:07 ThickAsThieves: no

01:49:11 ThickAsThieves: they have a feature

01:49:17 ThickAsThieves: expiring orders

01:49:23 ThickAsThieves: which carry a fee

01:49:34 dub: right

01:50:28 mjr_: sup all

01:50:53 ThickAsThieves: sup

01:51:08 kakobrekla: im afraid my answer is unchanged

01:53:33 mjr_: hi all, if you want to see me speaking at the conference http://youtu.be/kRxAggHtqyQ

01:53:40 mjr_: not the best

01:54:09 mjr_: but i think it went ok, the guys from berlin are going to start one in that neighborhood, someone in paris wants to, as well as sydney australia

01:54:29 truffles: oh i said u had a doucher face oops

01:54:34 mjr_: lol

01:54:34 ThickAsThieves: 24hr vol for AM across all PTs is about 7000btc

01:54:47 mjr_: its ok

01:55:34 truffles: boy r u nervous heh

01:55:52 ThickAsThieves: he seems fine to me

01:56:27 truffles: yea speaking well, i just see fidgeting

01:58:09 ThickAsThieves: mjr i didnt even realize you had gone this far with software

01:58:12 ThickAsThieves: pretty cool

01:58:31 truffles: short and to the point, good job

01:59:56 ThickAsThieves: "web of trust, full of scammers"

02:00:00 ThickAsThieves: ^ dub

02:00:12 truffles: lol i just heard that

02:00:26 ThickAsThieves: hehe

02:03:07 dub: is that like a dragons den panel

02:03:16 error4733: Bad day for SDICE...

02:03:16 truffles: in my defense mjr u had one of these http://images.clipartof.com/small/1045711-Cartoon-Black-And-White-Outline-Design-Of-A-Sneaky-Dog-Grinning-Poster-Art-Print.jpg

02:04:07 ThickAsThieves: bad months for SDICE, really

02:04:40 error4733: http://i.imgur.com/L9nuyxc.png

02:04:44 dub: ThickAsThieves: you're still missing the point, I'f I;ve gone looking for the otc wot I've already crossed a lot of bridges that someone access the default community for bitcion has

02:05:06 dub: accessing

02:06:18 truffles: u means noobs wouldnt be looking for -otc wot?

02:06:42 ThickAsThieves: i was referred to wot after being in bitcoin world for 2 weeks

02:06:55 Chaang-Noi: was sleeoing, but no. im sure you will take care of it:)

02:07:17 truffles: TAT u are far more patient that some of us

02:07:31 ThickAsThieves: i'm easily trolled

02:07:33 ThickAsThieves: ;)

02:08:02 truffles: i cant see that

02:08:05 ThickAsThieves: ;;ticker

02:08:16 ThickAsThieves: ;;nethash

02:11:40 kakobrekla: cool vid mjr_

02:11:59 ericmuyser: where does sdice profit go? not in divs..

02:12:02 dub: yeah very nice

02:12:35 dub: I actually didn't want to punch mjr in the face after watching that

02:12:39 dub: a bitcoin first

02:12:45 kakobrekla: lol

02:13:05 ericmuyser: dub: me either

02:13:16 ThickAsThieves: [22:12] <ericmuyser> where does sdice profit go? not in divs.. <<< what profit?

02:41:29 mjr_: this shit is insane

02:41:47 mjr_: i believe that right now (as of may 1st) s.dice is trading at a p/e ratio of .28

02:42:56 mjr_: that is insanely undervalued

02:43:13 dub: what does that change to when eric is eating cockmeat sandwich in gitmo?

02:43:37 Diablo-D3: mjr_: p/e ratios might not work the same in bitcoinland

02:43:38 bdk_kluge: I'd imagine Gitmo has a relatively low level of anal rape.

02:44:05 dub: you need to watch harold and kumar go to gitmo

02:44:06 bdk_kluge: (though if you're eating a cockmeat sandwich.... IRC needs edit)

02:44:18 Diablo-D3: dub: no one needs to watch that.

02:44:27 dub: its great

02:44:32 mjr_: Diablo-D3: possible

02:44:38 mjr_: but that is just insane for any company

02:44:46 mjr_: i mean under 10 usually means undervalued

02:44:48 Diablo-D3: mjr_: remember, sdice is a scam and illegal

02:44:53 mjr_: LOL

02:45:01 Diablo-D3: mjr_: so thats probably why its so low

02:45:08 error4733: as bitcoin

02:45:09 mjr_: i'm saying that it is an order of magnitude smaller in P/E

02:45:19 mjr_: its earnings are historical facts

02:45:21 Diablo-D3: mjr_: and 10? no

02:45:24 mjr_: as is its current price

02:45:30 Diablo-D3: 10 for p/e is rather overvalued imo

02:45:38 mjr_: lol

02:45:39 mjr_: not to most

02:45:45 mjr_: 25 and above is normal for tech stocks

02:46:01 Diablo-D3: and p/e sucks, you should be using peg for that metric

02:46:02 mjr_: or any company with high projected earnings

02:46:07 mjr_: just saying

02:46:16 Diablo-D3: peg = p/e to growth

02:46:20 mjr_: that is an extremely low p/e, not that it means buy

02:46:35 mjr_: but that it is an extremely efficient company at generating profits

02:46:41 Diablo-D3: yes

02:46:46 Diablo-D3: there are a lot of other metrics I bet it fails

02:46:56 Diablo-D3: such as not being 5 years old yet

02:47:02 mjr_: most of the time really low p/e either means declining profits OR very undervalued

02:47:04 bdk_kluge: I wonder if SDICE could make itself autotonous to a point where there are multiple servers in diff. nations, dividends are calculated and paid by a program, etc.

02:47:35 bdk_kluge: Then just take SDICE off public exchanges...

02:47:38 mjr_: i personally think that with bitcoin as its holdings...its earnings in USD will be awesome

02:47:55 error4733: yes it's possible with colored coins

02:49:54 error4733: 100.000.000 coins colored "Sdice"

02:50:47 error4733: is so clear & simple

02:51:10 bdk_kluge: Seems like SDICE would be much more valuable that way...

02:53:04 error4733: using ripple to sold or buy !! we have some powerful tool ! like internet in 1995, we still do not know what to do with

02:54:43 joecool: JAJAJA!

02:54:58 dub: dice would be more valuable anyone expected it to survive

02:55:16 mjr_: lol, i think the chances of it shutting down are lower than its p/e ratio

02:55:23 dub: its pointless to speculate with so you need the balls to hold on to it long term

02:55:41 dub: and with its recent ban from US customers the future is far from rosey

02:56:05 dub: that and its OP is an asshole

02:58:00 error4733: with 20Kbtc, you stop to be an asshole, you're my best friend

03:00:03 mjr_: LOL, "shut down" to US customers

03:00:11 mjr_: as if the website had any purpose at all

03:00:24 dub: something has clearly spooked eric

03:00:39 mjr_: nah,

03:00:46 dub: its an about face from his swinging dick libertard bravado

03:00:49 error4733: mjr, hard to understand for a judge

03:00:52 mjr_: he just figured why not, and he was coming into the states

03:01:03 dub: why not? lol

03:01:05 mjr_: yes, judges think he did his best effort not to service us customers

03:01:26 error4733: yes, its the only purposes

03:01:43 dub: I'm just gonn acut off one of my balls, I figure why not?

03:01:51 mjr_: eh, we'll see

03:02:10 error4733: he never touch a $, he cut all link with US

03:02:14 error4733: good for him

03:02:18 error4733: good for SDICE

03:02:31 dub: yes, we will see

03:03:32 error4733: all i see it's a whales, but not a good one

03:05:11 error4733: ;;google megalodon

03:22:17 truffles: im can be mean(or an ass) but try not to be, to people i like so.. im sorry mjr

04:46:12 ericmuyser: i don't like how blockchain.info shows transactions in USD.. trying to get away from this and anyway can't search for a BTC amount on the page wtf?

04:47:44 aknap3: ericmuyser: there's an advanced bar at the bottom of the page that lets you pick currency

04:49:55 ericmuyser: aknap3: thank you!

06:05:06 thestringpuller: ;;later tell mircea_popescu Good read. :D Oh man.

07:12:35 dub: mp-pr is late https://bitcointalk.org/index.php?topic=212761.0

08:51:09 mircea_popescu: qxzn hey there.

08:51:55 qxzn: howdy

08:52:09 mircea_popescu: ;;ticker

08:52:26 mircea_popescu: nothin' much, everyone chillin'

08:56:45 parseval: Ugh, there is nothing like a simple fix that you overlook

09:19:31 jurov: lulzy https://bitcointalk.org/index.php?topic=212761.msg2232314#msg2232314

09:20:26 jurov: hahaha it got removed before i could quote it

09:20:59 jurov: OP REPLIED TO ME "someone don't know the difference between turnover/revenue and share price"

09:21:16 jurov: damn capsl

09:29:58 mircea_popescu: lol at that thread.

09:30:00 mircea_popescu: da fuck is wrong with these people.

09:30:38 fiat500: well - they're asking him valid questions?

09:31:01 mircea_popescu: not the other people in that thread.

09:31:17 mircea_popescu: the countless idiots who keep going "herp, i am going to start a new country"

09:31:29 mircea_popescu: like the original poster. there's about one a day since about march.

09:31:31 fiat500: LOL

09:31:50 mircea_popescu: no but seriously, he's done it in civ AND in settlers IV

09:31:53 mircea_popescu: how hard could it be ?

09:32:11 mircea_popescu: just needs to find the right button to cluck at.

09:33:39 fiat500: hahahahaha

09:37:49 davout: what would be fun would be someone starting a clinic based on his theme hospital experience

09:38:07 mircea_popescu: 0.o

09:38:19 mircea_popescu: dude. a psych hospital staffed by ex psych patiens.

09:38:35 mircea_popescu: this could be an excellent novel. great premise.

09:38:39 mircea_popescu: need a boris vian to execute it.

09:38:51 davout: but that's actually what's happening already

09:39:07 davout: why would anyone with a sane mind work in a psychiatric hospital

09:39:17 mircea_popescu: which is why it's so good.

09:39:24 mircea_popescu: i have done a number of psych undergrads and i can attest none were sane.

09:39:30 fiat500: mircea_popescu: im sure you read about that kid who grew up on sealand, got kidnapped by a gang of german/dutch thugs and held at gunpoint

09:39:40 mircea_popescu: this could of course simply be caused by them being femals.

09:39:58 mircea_popescu: fiat500 the guy's son neh ?

09:40:10 davout: https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-frc1/481751_10151706601672498_795405961_n.jpg

09:40:23 fiat500: yes lol

09:40:26 fiat500: http://citizensrequired.picture-ltd.com/citizensrequired/mossy/sealand/sealand.shtml

09:40:30 mircea_popescu: a poil leul

09:40:39 fiat500: he did an AMA on reddit few months back

09:40:47 davout: :-)

09:41:24 fiat500: LOL@ those remotes

09:41:43 mircea_popescu: ma meuf a moi, elle me port'en voitureeee

09:41:50 davout: LOL

09:42:01 davout: it's actually understandable

09:42:20 davout: ta meuf c'est ton chauffeur quoi

09:42:50 mircea_popescu: oue

09:43:35 mircea_popescu: of course it may come as a shock to the prissy english types

09:43:52 mircea_popescu: that the way to order a girl in the nude in french refers to her body hair.

09:44:04 davout: it's actually for guys too

09:44:15 fiat500: >_>

09:44:48 davout: please refer to this masterpiece of french culture for more information regarding this delicious expression :

09:44:49 davout: http://www.youtube.com/watch?v=OPMVpeckk5A

09:48:01 mjr_: ah, i've missed hanging out in assets

09:50:08 mjr_: hi TradeFortress

09:50:18 TradeFortress: hi mjr_!

09:53:37 mjr_: There's a tendency for every Ripple related thread to turn into discussions about Ripple. It's certainly not very productive.

09:53:47 mjr_: LOL ^^^ THIS

09:54:06 TradeFortress: mjr_, ESPECIALLY when the topic is called "

09:54:06 TradeFortress: Re: Ripple trying to take over the Bitcoin Discussion thread "

09:54:24 mjr_: yes, i have basically put ripple to bed in my mind

09:54:41 mjr_: i'm done thinking of it

09:54:46 TradeFortress: Ripple threads even invaded the donators section

09:54:57 mjr_: and they were at the conference

09:55:09 mjr_: i was like, why isn't litecoin here? or namecoin

09:56:07 TradeFortress: there are people actively working on litecoin and namecoin?

09:56:10 TradeFortress: :P

10:00:52 JTM29: .msg nickserv help register

10:01:07 JTM29: :/

10:06:03 mjr_: TradeFortress: i think there are people mining them no?

10:06:23 TradeFortress: mjr_, yeah, but there's pretty much zero development.

10:10:28 fiat500: http://arstechnica.com/apple/2013/05/tim-cook-tells-congress-why-apple-wont-move-100-billion-back-home/

10:10:31 fiat500: my heroes

10:10:49 Chaang-Noi: yeah, why pay taxes? tax avoidance is the correct thing to do

10:10:56 Chaang-Noi: congress just jelly

10:11:47 Chaang-Noi: <TradeFortress> there are people actively working on litecoin and namecoin? litecoins yes, namecoin im not so sure

10:12:21 Chaang-Noi: <TradeFortress> mjr_, yeah, but there's pretty much zero development. not true, ltc is just avoind the fuck ups btc ran into and will avoid the bad database thing and not get forked

10:12:39 Chaang-Noi: you will see a major release soon as we are done testing

10:13:02 Chaang-Noi: yes we tested longer and harder than the btc people do...

10:20:07 mircea_popescu: TradeFortress hey, you involved wiuth the new trust thing on btctalk ?

10:20:21 Chaang-Noi: involved with, everyone who has an account has it

10:20:33 Chaang-Noi: it is more or less forced if you post in the market place section

10:20:35 TradeFortress: Involved as in theymos trusted me, and because of the way it works my feedback is shown by default

10:20:44 mircea_popescu: but you didn't code it or anything ?

10:20:48 TradeFortress: Nope

10:20:54 mircea_popescu: do you know who did ?

10:20:58 TradeFortress: Other user's feedback aren't shown by default. theymos did obviously

10:21:14 mircea_popescu: a ok. do you know how it's implemented or is it documented anywhere ?

10:21:17 TradeFortress: while not escaping user inputs, leading to a XSS where some attacker can steal his session

10:21:24 Chaang-Noi: it shows by default in the market place section right?

10:21:26 mircea_popescu: lmao what.

10:21:32 TradeFortress: Chaang-Noi, only "trusted" feedback

10:21:47 TradeFortress: If I rate someone, it shows up as +1 or what, if smoothie rates someone it doesn't count

10:21:56 Chaang-Noi: i see

10:21:58 TradeFortress: But you can trust smoothie for example and then smoothie's feedback will count

10:22:14 Chaang-Noi: interesting

10:22:14 mircea_popescu: so basically it actually works like the wot.

10:22:30 TradeFortress: Pretty much. No global scores, which forces people to not look at the sum and actually at individual ratings

10:22:37 TradeFortress: there's also the difference where instead of score it's based on risked btc

10:22:46 mircea_popescu: wait i thought that what it was, a global score ? as in 0/-0 we

10:22:51 mircea_popescu: did i misunderstand that line ?

10:22:56 mircea_popescu: also dub you copyin'

10:22:59 mircea_popescu: this ?

10:23:14 TradeFortress: There is the "default" score. If you trust no one (which you do at first), you trust theymos

10:23:23 TradeFortress: and because it's a web, people who theymos trusts's feedback matter.

10:23:37 TradeFortress: and people who theymos trusted's trusted people matter. only up to this level unless you change yoru setting.

10:23:45 TradeFortress: You can build your own web of trust, and see different scores to other people.

10:23:57 Chaang-Noi: interesting

10:23:58 mircea_popescu: yeah. but what it displays is the actual sum total of trust ratings

10:24:25 TradeFortress: the actual Trust: number is some weird undisclosed algorithm that takes in account risked BTCs, age and whatever

10:24:58 mircea_popescu: uh.

10:25:04 mircea_popescu: so basically secret sauce ?

10:25:23 fiat500: age?

10:25:25 mircea_popescu: http://www.bitcoinpoker.org/news/us-department-of-treasury-targets-bitcoin-poker-sites/

10:25:26 TradeFortress: age of feedback

10:25:32 TradeFortress: oh wow

10:25:33 fiat500: oh lol

10:25:36 mircea_popescu: somebody should tell that fucktard he's completely misread the fincen clarification

10:25:40 mircea_popescu: if he even actually read it.

10:25:59 TradeFortress: ^^

10:26:57 fiat500: http://www.forbes.com/sites/jonmatonis/2013/05/20/bitcoin-comes-to-swift/

10:27:05 fiat500: ^ interesting

10:27:16 mircea_popescu: " An administrator or exchanger is not a provider or seller of prepaid access, or a dealer in foreign exchange, under FinCEN's regulations."

10:27:18 mircea_popescu: duh.

10:27:52 TradeFortress: mircea_popescu, through lots of people have came to lots of different conclusions. typical doublespeak stuff.

10:28:10 mircea_popescu: TradeFortress yeah, but lots of people of this sort : http://polimedia.us/fraudsters/2013/youre-the-guy-who-wasnt-good-enough-to-sling-dope/

10:28:41 mircea_popescu: anyway, so back to the trust thing on bitcointalk (i'm trying to discern if i'm going to add using it to the girl's workload)

10:28:52 mircea_popescu: is there some way to actually check the web of trust behind the rating ?

10:28:57 mircea_popescu: (ie, who trusted who, something like

10:29:01 mircea_popescu: ;;gettrust TradeFortress

10:29:06 TradeFortress: yeah, here https://bitcointalk.org/index.php?action=trust;u=67058

10:29:08 mircea_popescu: like that graph

10:29:18 TradeFortress: no graphs but I requested that

10:29:34 mircea_popescu: i don't have an acct. pastebin that page please ?

10:30:01 TradeFortress: lol, funny thing is you used to get a database error if you tride to access that page without logging in

10:30:41 TradeFortress: here's what it looks like http://i.imgur.com/g0UtCBL.png

10:31:56 TradeFortress: On forum posts, those with a positive trust rating has a green color, and those with a negative rating gets a red warning.

10:32:09 mircea_popescu: well the one thing they did right is they took away the [1,10] cruft

10:32:11 mircea_popescu: nanotube ^

10:32:16 mircea_popescu: (you saw this ?)

10:32:47 mircea_popescu: TradeFortress but positive/negative to your account so diff people see diff coloring ?

10:34:10 TradeFortress: correct

10:34:28 TradeFortress: 95% of forum users won't change defaults through, so there is kinda a global rating.

10:34:52 Chaang-Noi: but some peoples feedback will not count, like smoothie, he should not even bother?

10:34:54 mircea_popescu: i guess so. how deep does it go ? 3 ?

10:35:20 TradeFortress: default 2 (actually 3), you can set 0-3

10:35:27 KRS-1: Anyone have any experience with http://coinlenders.com/interest

10:35:35 TradeFortress: KRS-1, hey, I run coinlenders.

10:35:38 mircea_popescu: lol 0-3 so 2 is 3 mkay. theymos is so weird in places.

10:35:45 KRS-1: =D I was checking out your site

10:35:51 mircea_popescu: anyway, if it's 3 it will diverge rapidly, there won't really be a global rating.

10:36:06 KRS-1: I am reviewing for possible investment

10:36:20 TradeFortress: mircea_popescu, but for people who don't change defaults there's just one rating

10:36:46 mircea_popescu: no, because even if they trust theymos' tree by default, just bvy adding a couple other users they get very diff end results

10:37:06 TradeFortress: mircea_popescu, that's true, I was referring to the people who would leave everything as defaults

10:37:13 TradeFortress: and if you trust anyone you no longer trust theymos by default.

10:37:22 mircea_popescu: i think pretty much everyone trust's nanotube tree by defgault in wot and still there's muich variance and no true global.

10:37:28 mircea_popescu: o really ?

10:37:45 mircea_popescu: this is actually a pretty smart way to go about it.

10:37:54 TradeFortress: assuming that people actually use it

10:38:11 TradeFortress: so far the only default ratings are me or people I trusted :P

10:38:26 mircea_popescu: okay, i[m going to get the girl to do it.

10:38:36 mircea_popescu: i don't see anything massively wrong with it tbh.

10:39:55 TradeFortress: Well, is she going to leave negative feedback (which would result in a giant red warning on people's posts) for inaba/josh and such

10:40:24 mircea_popescu: i'm still working out the rules. i see there's a reference field, which is nice.

10:40:40 mircea_popescu: and since you can introduce 0 btc as risked i think i'm going to make it be something like this :

10:41:13 mircea_popescu: go back through her posting history, -1 everyone "starting up" dumbass businesses she had to drop a see here post to, linking to that post

10:41:20 mircea_popescu: -1 everyone on the immense scammer list

10:41:30 mircea_popescu: then +1 the few people who actually aren't idiots in there

10:41:40 TradeFortress: can't -1, it's positive feedback or scammer (-4)

10:41:51 mircea_popescu: all this on 0 btc because it's not a trading acct.

10:41:56 mircea_popescu: you see a problem with that plan ?

10:42:21 TradeFortress: yes, I might lose my default trust status if theymos doesn't like it

10:42:34 mircea_popescu: well, that's vague.

10:44:01 TradeFortress: I think it's supposed to be actually scamming

10:44:21 mircea_popescu: so then how'd she rate josh, i never bought bfl crud.

10:45:35 TradeFortress: I should probably make a post in the donators section about it

10:45:50 mircea_popescu: meanwhile back at the ranch

10:45:50 mircea_popescu: MPOE-PR um did they nix their system already? trust stuff no longer shows up under ppls names

10:45:50 mircea_popescu: <mircea_popescu> you logged in ?

10:45:50 mircea_popescu: MPOE-PR yep

10:45:50 mircea_popescu: MPOE-PR nothin' related in profile links....

10:45:52 mircea_popescu: <mircea_popescu> hm

10:46:37 mircea_popescu: but anyway : i don't see any serious flaw in it, have the guy explain exactly wtf he wants it to be used as or w/e.

10:46:37 TradeFortress: only in the marketplace section

10:46:47 TradeFortress: does trust show up. and in PMs apparently

10:47:02 mircea_popescu: a, so it's not really for the forum

10:47:14 mircea_popescu: https://bitcointalk.org/index.php?topic=212382.0 << that's in marketplace neh ?

10:47:21 TradeFortress: yes

10:48:15 mircea_popescu: https://bitcointalk.org/trust.php

10:48:20 mircea_popescu: this is cute lol. i get a 0.

10:48:33 Chaang-Noi: i have 44233

10:48:40 Chaang-Noi: no idea what that means

10:48:47 mircea_popescu: anyway, i take it this is mostly still being worked on.

10:49:02 TradeFortress: that is your user ID heh

10:49:15 Chaang-Noi: right :)

10:59:08 TradeFortress: any questions on coinlenders btw?

10:59:56 KRS-1: not really..i'm looking for some folks who have used it before.

11:00:04 mircea_popescu: http://polimedia.us/fraudsters/2013/the-conference-second-edition/#VIP-list

11:00:10 mircea_popescu: conference list got teh first update.

11:00:11 KRS-1: to be honest i am also seeking some investment advice

11:00:22 KRS-1: so i have some additional homework to do first anyway

11:00:27 mircea_popescu: TradeFortress what is it, like your private bond offering ?

11:00:30 KRS-1: what other sites do you use

11:00:32 KRS-1: i mean run

11:01:05 TradeFortress: mircea_popescu, pretty much. variable interest rates || fixed term ones

11:01:18 mircea_popescu: by the way, next time you pull a caper a la ripple

11:01:29 mircea_popescu: insert some fucking disclaimers in the text of the damned thing

11:02:14 TradeFortress: yeah.

11:03:11 mircea_popescu: there's nothing wrong with making a proof of concept, but the average person with an actual college degree and no prior experience of anything bitcoin should be able to understand from the very text what the score is.

11:03:33 mircea_popescu: this makes the difference from an actual scam.

11:04:47 TradeFortress: in hindsight, I should have wrote 1.01 in the screenshot

11:05:20 TradeFortress: so people'd lose 0.01 BTC at max. I'm still going to get people posting scam accusations, and that webr3 guy

11:05:54 mircea_popescu: the most cogent argument that can be brought is that such stuff will turn off people we actually want/need based on what's fundamentally a misunderstanding

11:06:23 mircea_popescu: it's okay to punish stupidity, especially if wilful. it's not okay to abuse honest misunderstandings.

11:06:49 TradeFortress: Pretty good way to put it.

11:07:03 mircea_popescu: anyway. you know about my conference next year ?

11:09:17 TradeFortress: yeah, looked at it

11:09:42 KRS-1: you need to bring cute Romanian girls in bikinis..That would be leet and make for hawt pics for #bitcoin-anal

11:10:16 TradeFortress: that channel better not exist *clicks*

11:11:44 KRS-1: its on the record that certain Fortresses visited the annals of Bitcoin.

11:11:45 mircea_popescu: TradeFortress i own it.

11:11:53 mircea_popescu: KRS-1 likely actually.

11:12:12 mircea_popescu: i really despise the sausage fests bitcoin conferences are. who da fuck wants to hang out witha buncha doods.

11:12:13 KRS-1: lmao that is bad ass

11:12:28 mjr_: hahaha

11:12:36 mircea_popescu: other than mjr_ of course.

11:13:14 KRS-1: yeah that is my biggest pain in the ass..i go to some clubs and its a sausage party but my friends be like..hang on man we just got here and I have to remind them to look around. Sometimes South Florida is so hit or miss like that makes me thing the male/female ratio is off but it rly isnt.

11:13:59 mircea_popescu: well most women aren't particularly interested in going to clubs

11:14:05 mircea_popescu: which may be due to most clubs being retarded

11:14:07 TradeFortress: mircea_popescu, I might come but it's 1 year ahead . maybe.

11:14:23 mircea_popescu: TradeFortress yea. some people actually need 1 year lead time.

11:14:40 mircea_popescu: but reg is open till early next year so.

11:14:51 TradeFortress: LOL image

11:14:51 TradeFortress: In the middle with the beard is MPOE-PR.

11:15:07 mircea_popescu: heh

11:15:58 KRS-1: the kind of women im interested in are interested in going to clubs

11:16:20 KRS-1: kind that are barely old enough to drink

11:16:36 mircea_popescu: ... why are you interested in 12 yos ?!

11:16:39 mircea_popescu: perv.

11:16:51 KRS-1: lmao is that the drinking age in Romania? Its 21 here in the U.S.

11:17:10 mircea_popescu: ya well we don't do that entire iran thing in europe.

11:18:00 KRS-1: You can keep the Mid East womens..i think women from the Mid East are the last on the list when it comes to good looks and hot bodies.

11:18:30 mjr_: persians can be pretty hot

11:18:32 KRS-1: I gotta make it out to Japan someday, they got that whole hello kitty thing going on there. Plus I'm big in Japan.

11:18:38 mircea_popescu: persian chicks are very hot.

11:18:55 mircea_popescu: and joo girls are often redhaired

11:19:06 KRS-1: rly ..i shall have to check for persian womens sites.

11:19:51 mircea_popescu: persia is where it all begun.

11:19:56 mircea_popescu: fruit trees come from there,

11:19:58 mircea_popescu: roses come from there

11:20:00 mircea_popescu: cows come from there

11:20:03 mircea_popescu: women come from there

11:20:07 mircea_popescu: it's ground zero.

11:24:58 KRS-1: my nephew dated a persian girl..which is very out of the ordinary for where we live

11:25:30 TradeFortress: someone made a nice client for coinchat. http://chromaticcreative.net/bitcoin/moobot/flatapp.php

11:27:22 mircea_popescu: KRS-1 why, you don't date around there ?

11:29:22 parseval: I think I'm going to build a cumulative depth chart for the BTC-TC securities

11:29:22 KRS-1: sure i do, there is a good mix of other ethnicities

11:30:01 KRS-1: im just picky to tall females with B+ breasts, blonde hair and young (college girl) looks

11:30:05 parseval: Similar to bitcoinity's chart for MtGox

11:30:13 KRS-1: some peole say im too picky

11:30:19 Diablo-D3: B+? meh.

11:30:22 Diablo-D3: C+ kthx

11:30:28 KRS-1: anything more than a handfull is a waste

11:30:56 Diablo-D3: says the pedo.

11:31:12 TradeFortress: parseval, you mean with change bars and such

11:31:43 parseval: Well, the change bars will be difficult, I'll start with the plotlines

11:32:21 parseval: I don't store the data historically, and only poll the API every 10 minutes or so to be a friendly API consumer

11:33:12 parseval: But yeah, that V chart is the cumulative depth chart

11:33:30 TradeFortress: But isn't there already one..

11:34:37 parseval: Yeah, there is, but I think I can expand on it a bit with some tooltips to say exactly how many units need to be sold to drop the price down to a certain level

11:35:21 parseval: Besides, I already have another chart, so a depth graph would look nice underneath it.. eg http://coinflow.co/chart/ASICMINER-PT

11:36:44 TradeFortress: oh, looks pretty nice. better than flot or whatever btct.co is currently using

11:37:31 parseval: Thanks. I've got all of the assets built into that site, if you are interested then check the Asset Listing dropdown for others

11:38:20 TradeFortress: harass ukto for bitfunder API

11:38:41 parseval: Yeah, I asked in the IRC once but he wasn't there at the time. I need to be more persistent

11:39:27 parseval: I'd love to get charts for both of them, mpex too if possible at some point without paying 30 BTC for data access

11:44:20 Chaang-Noi: has anyone ever owned a jeep, i see they are selling automatics 4w drive, would not manual be better?

11:45:34 JTM29: Autos would be heaps easier for 4wding

11:45:37 KRS-1: manual would be better in all cases..stay away from the luxury models, the more simple utilitarian models are the best for durability and survival. the "nice" ones arent worth a crap

11:46:06 Chaang-Noi: hmm

11:46:13 Chaang-Noi: i got two answers and they conflict

11:46:30 KRS-1: i'd rather own an older model toyota if i had to survive.

11:46:33 Chaang-Noi: i found a dealership that will take btc for jeeps

11:46:47 JTM29: Haha well thats my opinion, been 4wding in a manual and it was a pain in the ass (although i was still learning manual)

11:46:48 KRS-1: lol nice..car salesmen would do anything for a sale here in the 'states

11:46:58 Chaang-Noi: money is not an issue, i have always had manuals, but racing cars, i dont know much about 4wd off roading

11:47:19 mircea_popescu: 0.o

11:47:31 KRS-1: one thing to look for is a real locking differential not "all wheel drive" but true 4X4 and preferably a full axle up front not independent

11:47:36 ThickAsThieves: I had a jeep for 5 or so years

11:47:43 ThickAsThieves: I used the 4WD once

11:47:50 Chaang-Noi: http://www.overlandparkjeepdodge.net/new/Jeep/2013-Jeep-Wrangler+Unlimited-8d1757e50a0a00de01879b94f8bbdd6d.htm

11:47:52 Chaang-Noi: somethig like that

11:48:10 KRS-1: its what we do where i live =D I have a diesel 2006 Ford F250 4X4 but its not the best for off road, will it get the job done? hell yes but not the best

11:48:49 Chaang-Noi: i have a big ass truck here in thailand, im just going to buy a jeep for when i go camping in wyoming this summer

11:49:19 Chaang-Noi: but im shocked to see automatics being sold as more or less standard

11:49:24 KRS-1: thats awesome

11:49:43 KRS-1: automatics arent bad, but i wouldnt want to depend on them, plus they run hotter, they need to be cooled you know

11:50:02 Chaang-Noi: fuck it, im just going to get a manual

11:50:22 Chaang-Noi: it seems odds driving autos anyway, and the idea of a jeep doing so is just shocking to me

11:50:50 Chaang-Noi: now what colour :/ red black or grey

11:50:52 parseval: I think manual is more fun anyway

11:50:52 JTM29: Driving a manual is usually more fun :P

11:50:57 parseval: lol

11:50:59 Chaang-Noi: yeah

11:51:05 Chaang-Noi: i was thinking so

11:51:09 Chaang-Noi: more control

11:51:12 mircea_popescu: * Freenode announcement * The topic is now baseball.

11:51:35 Chaang-Noi: the jeep will be a btc asset cuz it is an asset bought with btc :)

11:51:46 JTM29: Nice :D

11:52:17 Chaang-Noi: ill let my wife pick the colour. limited to black red and grey...

12:01:30 Chaang-Noi: they only have one that is manual wtf?

12:05:15 ThickAsThieves: jurov >>> https://bitcointalk.org/index.php?topic=212761.msg2233480#msg2233480

12:05:40 deadweasel: Chaang-Noi: get the manual

12:06:18 jurov: ThickAsThieves: so i should search some proof some months ago. so nice of you.

12:06:42 mircea_popescu: ThickAsThieves link to the proof ?

12:06:58 jurov: TradeFortress: how do i actually rate an user? i fail to find anything in profile or wherever

12:07:26 Chaang-Noi: deadweasel they only have this one on the whole loet!! http://www.overlandparkjeepdodge.net/new/Jeep/2013-Jeep-Wrangler+Unlimited-4b3de83b0a0a00e000b3826fab55649b.htm

12:07:37 TradeFortress: jurov, in a marketplace post, you click on the "Trust:" link

12:07:48 TradeFortress: I'll trust you first so it'll actually show up

12:09:11 TradeFortress: jurov, what's your userid (https://bitcointalk.org/trust.php)

12:10:33 deadweasel: Chaang-Noi: 6 cyl manual.. what's the problem? I would never buy a 4 dr jeep, but maybe you have a family.. i dunno.

12:10:46 Chaang-Noi: have a family

12:11:08 Chaang-Noi: this will be my non sports car tht also pulls that boat you all saw before

12:11:16 jurov: TradeFortress: my id is 51125 . and i'm trying to rate mpoe-pr,. always get db error

12:11:17 deadweasel: ah, so it's perfect!

12:11:30 TradeFortress: lol db error

12:11:31 Chaang-Noi: i just wish it was not the only manual on the lot :(

12:11:34 TradeFortress: what are you trying to do?

12:11:36 Chaang-Noi: i like red or black better

12:11:37 ThickAsThieves: it was discussed in channel

12:11:42 ThickAsThieves: but I'll dig it up

12:11:44 jurov: maybe i'm overstepping maximal btc amount, what is it?

12:11:51 deadweasel: i hear you, I figured it would be easier to find them over there.

12:11:51 TradeFortress: 1e+16

12:11:57 TradeFortress: something like that

12:12:02 Luke-Jr: Chaang-Noi: I didn't see you at the conference!

12:12:13 Chaang-Noi: they have like 27 all auto but one

12:12:15 TradeFortress: k jurov your ratings now show up to people with default settings

12:12:23 Chaang-Noi: luke i had to be in court today in thailand

12:12:46 mircea_popescu: Luke-Jr he probably wasn't in the bfl booth ?

12:12:54 Chaang-Noi: im shocked so many people went to be honest

12:13:10 BitHub: bfl were brave to show their faces there

12:13:17 BitHub: did anyone hit them up for their unit?

12:13:18 Chaang-Noi: i bet!

12:13:31 mircea_popescu: just some fans.

12:14:07 mircea_popescu: i was kinda curious to see if teh community organises something like the nobel prize awarding, but with quarters instead of pens

12:14:07 Luke-Jr: BitHub: me, gigavps, and another guy were arguing over who gets which one

12:14:09 Luke-Jr: :P

12:14:16 mircea_popescu: just walk up to josh leave a quarter on his table

12:14:24 mircea_popescu: "you've been voted most idiotic thing of 2012"

12:14:51 BitHub: i wonder if they were taking preorders at the conference

12:15:09 ThickAsThieves: jurov, mp >>> https://bitcointalk.org/index.php?topic=80312.msg1834765#msg1834765

12:15:31 ThickAsThieves: I didn't also list BTC/USD rates within the post

12:15:39 ThickAsThieves: but as you recall, the time frame was up up up

12:15:42 mircea_popescu: yeah

12:16:00 mircea_popescu: yeah that's pretty good evidence really.

12:17:12 BitHub: you should share the love Luke-Jr

12:17:37 BitHub: using the bfl that butterfly labs gave you to buy asicminer gear isn't very ethical

12:17:41 Luke-Jr: BitHub: they weren't

12:18:12 Luke-Jr: BitHub: BFL gave me something?

12:18:55 Luke-Jr: oh, you mean the 5% of my paid-in-full year-old order?

12:19:12 Luke-Jr: that has been offline for the past week.. :/

12:19:31 Chaang-Noi: why offline??!!??

12:19:37 BitHub: true what happened? btw what do you think of the BFL hardware wallets?

12:19:40 Luke-Jr: Chaang-Noi: dunno, something happened to it

12:19:49 kakobrekla: it doesnt work

12:19:54 Luke-Jr: BitHub: those seem pretty sweet

12:19:54 Chaang-Noi: like it jsut quit working, or a truck ran over it?

12:20:02 Luke-Jr: Chaang-Noi: Sonny didn't elaborate.

12:20:17 Chaang-Noi: oh, he pointed it at his own pool :)

12:20:23 BitHub: any idea when they'll be ready? id like to preorder like 100 but don't want to wait a few years for them

12:20:25 Luke-Jr: Chaang-Noi: but hey, it *was* abusing the power supply..

12:20:43 Chaang-Noi: yeah, prototypes will do that

12:20:43 Luke-Jr: BitHub: not sure

12:20:43 kakobrekla: they need to mine 1k btc quickly for chairty

12:20:59 jurov: ThickAsThieves: I can argue that if you exclude whalespotting between dec 2012 and march 2013 the sd picture isn't so clear

12:21:13 Luke-Jr: I can't say I'm surprised if it just died

12:21:29 Luke-Jr: anyhow, I don't see how spending the income from that on other ASICs is in any way bad

12:21:40 Luke-Jr: not that I have done that yet either

12:21:49 ThickAsThieves: jurov, I could argue the whale went away due to BTC/USD rate

12:21:51 Luke-Jr: but I certainly would if ASICMiner prices were reasonable

12:22:23 Chaang-Noi: btct seems down?

12:22:24 BitHub: like 75 n stuff

12:22:30 BitHub: 50btc still high?

12:22:38 Luke-Jr: BitHub: yeah, for 10 Gh/s

12:22:53 Chaang-Noi: i agree as a miner, but i do not agree as a stock holder

12:22:56 Luke-Jr: I should have tried to talk Yifu into selling me the Avalon he had with him…

12:23:17 Luke-Jr: Chaang-Noi: well, you have a point there I guess

12:23:21 BitHub: Chaaang-Noi why no free usb for OG shareholders?

12:23:31 WILLdude: Hello

12:23:41 Chaang-Noi: no idea bithub, hi will

12:23:42 Luke-Jr: BitHub: only for the big shareholders I think

12:23:52 Luke-Jr: the ones with the super-secret ML access

12:23:56 mircea_popescu: jurov well it'd be worth seeing the numbers perhaps

12:24:02 Chaang-Noi: 5k plus so so bets the prototypes i think

12:24:11 BitHub: lulz, yeah alot of secret

12:24:14 mircea_popescu: ThickAsThieves seems unlikely the whale is muchly fiat influenced. you think he bought his stash ?

12:24:15 Chaang-Noi: but honestly im not going to bother, i will odds afre just sell mine

12:24:30 ThickAsThieves: mp, no I think he sold it

12:24:36 WILLdude: I presume the divs haven't been announced yet6.

12:24:48 BitHub: 2 hours or so

12:24:49 Chaang-Noi: will its about 2 to 4 hours too soon

12:25:07 Luke-Jr: I wonder when ASICMiner will stop spamming me with dust

12:25:50 BitHub: funny asicminer ignore all my emails, till i send them one saying i got 450 preorders

12:25:51 Chaang-Noi: you are a stock holder?

12:25:54 Luke-Jr: yes

12:25:56 BitHub: yeah they really care about share holders

12:26:01 jurov: WILLdude: I know at your age the time goes several time slower, but try not to ask the same things every day...

12:26:17 Chaang-Noi: he should focus on selling, not answering questions

12:26:31 Chaang-Noi: he has over 50% of the stock anyway, not like we can do anything

12:26:39 BitHub: well my questions were about selling to the australian market place

12:26:42 WILLdude: Haha soz

12:26:52 Chaang-Noi: btct.co is down, fail

12:27:02 WILLdude: It wasn't really a question.

12:27:07 WILLdude: More of a presumption.

12:27:20 BitHub: i could have had 1000 + preorders if they bothered to answer me a month ago when they first announce the usb's

12:27:40 mircea_popescu: ThickAsThieves ah now that's a good point yes

12:28:15 b0n1: does someone here use international wire to withdraw from mtgox?

12:28:48 b0n1: is there an upper bound on costs through intermediate banks etc. ?

12:29:15 mircea_popescu: a wire costs about $50 or so

12:29:17 mircea_popescu: ballpark figure

12:29:40 Luke-Jr: b0n1: MtGox -> USAA costs about $30

12:29:45 b0n1: the bank of mtgox takes 2000 YEN that are around 20 $

12:30:01 BitHub: that's crazy

12:30:20 Luke-Jr: I raised my limits to $10k, so $30 isn't so much

12:30:25 b0n1: compared to 1% SEPA, its really good price for high amount of withdrawal

12:30:28 b0n1: yes

12:30:30 b0n1: :)

12:30:43 jurov: b0ni: you should be worried about time upper bound instead... i recommend to sell the bitcoins elsewhere or locally instead

12:30:58 BitHub: i miss mtgox codes

12:31:01 jurov: of potentially waiting month or so for mtgox

12:31:02 b0n1: it says international wire 2-5 business days jurov

12:31:02 Luke-Jr: MtGox->USAA takes at most 3 days or so

12:31:08 WILLdude: Who am I kidding? I think I'll sell my bitcoins and get a life.

12:31:10 Luke-Jr: usually 1 or 2

12:31:33 jurov: 2-5 business days hahahahah... i had sepa withdrawals taken 2 weeks

12:31:43 jurov: and that was before mtgox was cool

12:31:47 mircea_popescu: WILLdude what are you trying to accomplish ?

12:31:48 b0n1: yeah SEPA is huge atm

12:32:03 b0n1: but international wire should still be fast

12:32:05 mircea_popescu: jurov they always were slow with sepa because basically they had to launder money to do it.

12:32:21 jurov: and intl wire needs not be laundered?

12:32:28 jurov: i learn every day

12:32:39 WILLdude: IDK

12:32:42 mircea_popescu: i think they can send a wire from their japan bank

12:32:52 mircea_popescu: but sepa transfers obviously you need to send from a sepa bank

12:32:56 WILLdude: Not being an immature git I think.

12:33:00 mircea_popescu: so therefore someone had to interface all this

12:33:08 WILLdude: *arrogant

12:33:17 mircea_popescu: WILLdude that's ok, you can do that with or w/o bitcoins equally well

12:33:42 WILLdude: Not sure.

12:34:21 b0n1: Luke-Jr, was it easy to raise limits? is there anything i have to take care of when i send those guys some data of myself?

12:34:51 Luke-Jr: b0n1: it wasn't too bad, but I took my time going through it

12:34:55 Luke-Jr: wasn't in a hurry

12:35:06 Luke-Jr: I hear there's a long line for verification crap now

12:35:23 b0n1: even if you are already verified the usual way?

12:37:05 jurov: mircea_popescu: you remember these poor canadians than got reply from mtogx after a month "sry, we have no money"?

12:37:05 Luke-Jr: oh

12:37:07 Luke-Jr: then you just ask

12:37:21 mircea_popescu: jurov yes.

12:37:24 jurov: its not just sepa, it's lameness worldwide

12:37:27 mircea_popescu: thar was last month

12:38:26 b0n1: Luke-Jr, so you raised your daily limit to 10k ? did i get this right?

12:38:36 Luke-Jr: b0n1: right

12:38:45 Luke-Jr: monthly is still 50k I think

12:38:52 b0n1: okay

12:39:02 b0n1: usually monthly is 10 k as i read

12:39:12 Luke-Jr: well, as opposed to 31x 10k

12:40:01 b0n1: did you ask to higher that even more?

12:40:35 b0n1: say 100k every month

12:41:18 Luke-Jr: then you need to do the pain-in-the-butt id stuff

12:41:33 Chaang-Noi: i did 100k with fastcash4bitcoins ovr the last 4 days they were open. they do not need verifiaction if you are in the usa

12:41:42 Luke-Jr: oh?

12:41:44 mircea_popescu: so here's a refresher : Chase Manhattan has paid 16bn in litigation costs since 2009

12:41:49 mircea_popescu: that's about 15% of their profit.

12:42:08 Chaang-Noi: fastcash is run by deathandtaxes its an awesome service, they charge 4% spot however

12:42:14 Chaang-Noi: but id rather do that, fuck gox

12:42:25 Chaang-Noi: yeah id pay 4k to not use gox...

12:42:29 Chaang-Noi: fuck gox....

12:42:43 b0n1: ;)

12:43:24 b0n1: do i have to take care on any account ban when i do transfers > 10k a day?

12:43:34 b0n1: to mtgox

12:43:46 Chaang-Noi: mt gox will lcok accounts at random

12:43:56 Chaang-Noi: then demand all sorts of shit

12:43:59 mircea_popescu: as long as you are wiring in you'll be fine.

12:44:01 Chaang-Noi: use at your own risk

12:44:11 mircea_popescu: don't expect any of it back in any shape or form and you'll be even better.

12:44:27 Chaang-Noi: ^ this

12:44:53 b0n1: hm actually i would mostly wire out

12:45:51 Chaang-Noi: sounds like you are a drug dealing terrorist

12:46:00 Chaang-Noi: expect to get your account locked

12:46:19 Chaang-Noi: after all about 55 of the time peole dont verrify, free gox money

12:52:37 Chaang-Noi: off for a pint, catch ya all later

12:53:24 Diablo-D3: ;;ticker

13:44:08 ericmuys_: burnside: scary http://o7.no/10lU9mL

14:20:30 mircea_popescu: I am always on the look out for funds to invest my funds money in.

14:20:35 mircea_popescu: these worlds will be famous

14:21:48 deadweasel: wat

14:22:14 chmod755: wat(tm) and the wat(tm) logo are registered trademarks

14:22:28 deadweasel: wat

14:33:10 jurov: lol, like i asked just few days before glbse closing "what do all these glbse funds invest into? other glbse funds?"

14:36:15 ThickAsThieves: AM dividend = 0.02084164

14:38:28 Diablo-D3: deathandtaxes can be trusted right?

14:43:31 fiat500: ddos?

14:46:14 ThickAsThieves: everything working for me

14:46:28 fiat500: was down about 2hrs ago

14:47:02 fiat500: ThickAsThieves: where were AM divs announced?

14:48:52 jborkl: they are sent through the block chain

14:48:52 ThickAsThieves: in the main AM thread

14:49:05 jborkl: very easy to find

14:49:05 ThickAsThieves: but yes jborkl is correct

14:49:37 Diablo-D3: oh shit

14:49:41 fiat500: how long before they are issued on the PTs usually?

14:49:47 Diablo-D3: its AM div time

14:49:57 fiat500: i own both ASICMINER-PT and TAT.ASICMINER on btct

14:50:23 ThickAsThieves: you'll need to wait til they clear from friedcat, and then clear into the PT operator accounts

14:50:37 ThickAsThieves: I don't have enough spare BTC to pay out super early this time

14:50:54 fiat500: not in a hurry, just curious

14:51:21 Diablo-D3: fiat500: at the very minimum, 12 blocks after friedcat actually sends the divs

14:51:40 fiat500: ok cool

14:51:47 fiat500: thanks guys

14:56:53 BitHub: low asicminer div payout

14:57:05 BitHub: expecting huge selloffs from newbs since divs have been paid to PT

14:57:12 BitHub: when*

14:57:37 ThickAsThieves: eh maybe

14:57:50 ThickAsThieves: still 40% yield at 2.7

14:57:55 ThickAsThieves: yearly

14:58:02 fiat500: its still very high

14:58:13 fiat500: maybe even unrealistically high

15:00:22 ThickAsThieves: Friedcat: "Some of the sales are yet to be finalized, therefore should be counted in the next week's income."

15:00:58 ThickAsThieves: way to lead 'em FC

15:04:32 jcpham: still full derp i see

15:05:09 fiat500: ThickAsThieves: hhhhhehe

15:05:29 fiat500: http://24.media.tumblr.com/365047a6f36d8e6949bb9444fe9ed50d/tumblr_mguhnvoByV1rd2ff1o1_500.jpg

15:08:28 truffles: whats it called when u were going to do something then ur mind goes blank!

15:08:39 ThickAsThieves: brain fart

15:09:21 ThickAsThieves: fiat500, I prefer http://www.youtube.com/watch?v=OPcod8IS214

15:10:03 truffles: no i was just going to do it and then it just fizzles out of mind

15:10:38 ThickAsThieves: senior moment

15:10:56 truffles: not that old..

15:11:09 truffles: its fine ill just do something else

15:11:41 ThickAsThieves: esprit d'escalier?

15:12:03 truffles: snails?

15:12:32 ThickAsThieves: spirit of the stairway

15:12:33 truffles: oh

15:12:58 ThickAsThieves: a French term used in English that describes the predicament of thinking of the perfect comeback too late

15:13:25 Chaang-Noi: The site crash a bit ago was due to an infinite loop in some test code. Not related to any DDoS. Wink As the site grows I hope to be able to afford more servers so I can isolate things more. Until then, my apologies for the interruption.

15:13:26 Chaang-Noi: lol

15:13:31 Chaang-Noi: btct ddos self

15:13:44 ThickAsThieves: that was the other ddos

15:13:47 fiat500: LOL

15:13:54 ThickAsThieves: the code was actually in ltcglobal

15:13:57 fiat500: thanks Chaang-Noi

15:13:58 ThickAsThieves: where he was testing first

15:14:02 fiat500: was wondering about that

15:15:22 Chaang-Noi: .02 is pretty decent eh?

15:15:40 ThickAsThieves: yeah

15:15:57 Chaang-Noi: yeah not bad....

15:15:58 ThickAsThieves: especially when you can be fairly confident itll be higher next week

15:16:11 Chaang-Noi: :)

15:16:46 ThickAsThieves: ;;tslb

15:16:57 ThickAsThieves: bleh

15:17:05 ThickAsThieves: ;;nethash

15:17:11 ThickAsThieves: nice!

15:17:22 ThickAsThieves: ;;estimate

15:17:42 ThickAsThieves: ;;bc,stats

15:18:16 jborkl: that is wrong, we are on block 237378

15:18:43 ThickAsThieves: fukn blockchain.info

15:18:48 thestringpuller: yea

15:18:52 ThickAsThieves: maybe gribble should use a diff source

15:18:52 thestringpuller: weird

15:19:03 ThickAsThieves: ;;gribble cmon now

15:19:04 thestringpuller: I need to upgrade bitcoind

15:19:05 thestringpuller: ugh

15:19:09 jborkl: just run your own bitcoind

15:19:17 jborkl: it is always up to date

15:19:22 thestringpuller: what's the command to see block height in bitcoind

15:19:49 jborkl: well, if you run -qt you can just mouse over the check mark

15:20:10 ThickAsThieves: gribble & assbot are our bitches, if we let them misbehave they'll start learning how to read and then what?

15:22:31 parseval: Skynet

15:23:06 ThickAsThieves: exactly

15:23:18 ThickAsThieves: maybe even Battlestar Galactica

15:38:21 truffles: <ThickAsThieves> maybe even Battlestar Galactica>>>>i was sad when Caprica got cancelled

15:38:52 Chaang-Noi: just did the math on the dividens in usd terms.. god damn, but hald of last week

15:39:53 WILLdude: Hello

15:40:31 truffles: hi

15:42:08 fiat500: truffles: i wasnt

15:42:12 fiat500: caprica was terrible >_>

15:42:17 truffles: no wai

15:42:20 fiat500: i hated the main character

15:42:22 truffles: it got better towards the end

15:42:29 fiat500: blood and chrome is hot tho

15:42:32 truffles: zoe?

15:42:39 fiat500: whatever her name was, really annoying

15:42:51 fiat500: her friends and all the religious crap

15:42:52 fiat500: ugh

15:43:07 truffles: well if u just hate religion pffff

15:43:21 truffles: nobody complains about cult of atheism

15:43:25 Chaang-Noi: who here is a jeep guy?

15:43:27 fiat500: hm? i dont

15:43:45 fiat500: i just thought it was awful

15:43:54 truffles: k

15:44:10 truffles: i think they couldve marketed the show better, it was good imo

15:44:26 fiat500: have you seen blood and chrome?

15:44:29 WILLdude: Sup?

15:44:44 truffles: no i havent?

15:44:49 truffles: spartacus?

15:44:51 fiat500: oh man, you must

15:44:55 fiat500: no its BSG lol

15:44:59 fiat500: miniseries though :(

15:45:18 fiat500: http://en.wikipedia.org/wiki/Battlestar_Galactica:_Blood_%26_Chrome

15:45:37 truffles: yea im reading wiki

15:45:49 ThickAsThieves: i liked BSG til the last season or so

15:45:56 ThickAsThieves: I liked Caprica

15:46:05 fiat500: i kinda loved the ending

15:46:09 fiat500: mind=blown

15:46:23 truffles: oh wait i mightve seen it

15:46:28 fiat500: i was expecting some feelgood horseshit, but they managed to surprise me

15:46:34 truffles: how many versions of it..

15:46:54 truffles: i recognize the Adama name

15:47:06 truffles: dont wanna read and get spoiled!!

15:47:32 fiat500: i found it funny how the adamas were basically italian mobsters

15:47:41 truffles: heh

15:47:57 fiat500: setting: 1910's earth

15:48:26 fiat500: i need some advice from you guys

15:48:30 truffles: the story was pretty creative

15:48:40 truffles: about what

15:49:00 fiat500: im building a btc service with a friend

15:49:20 fiat500: got things covered on the technical side, but what im worried about is the whole trust angle

15:49:33 fiat500: how do people manage that usually

15:49:37 truffles: u have trust issues heh

15:49:53 fiat500: not particularly, but other people do

15:50:01 truffles: trust about the friend?

15:50:04 fiat500: i mean

15:50:20 fiat500: i will basically be asking people to trust me with their coins

15:50:29 fiat500: tall order, i havent been around for very long

15:50:42 fiat500: but im not interested in waiting and playing games and trying to make a name for myself on btctalk either

15:50:43 truffles: prove ure not a scamer?

15:50:49 fiat500: you cant prove a negative >_>

15:51:23 BitHub: what are you doing fiat500? i might be intrested

15:51:34 truffles: have a 3rd party handle the monies?

15:51:36 ThickAsThieves: fiat500, do you mean you dont trust the friend, or that you need investors, or?

15:51:45 fiat500: ThickAsThieves: dont need funding or anything

15:52:11 fiat500: its just a question of, people will (hopefully) be storing their coins with us

15:52:21 fiat500: and doing things with them

15:52:40 BitHub: that usually ends in tears

15:52:40 fiat500: 3rd party idea is interesting, sort of like extended escrow

15:52:42 ThickAsThieves: start small?

15:52:54 fiat500: ThickAsThieves: like, put upper limits?

15:53:07 BitHub: i store coins for mainstream clients atm, but i only store them, i don't gamble them or anything like an investment bank would

15:53:16 fiat500: LOL

15:53:25 fiat500: BitHub: how much do you charge for that service?

15:53:36 BitHub: .5 btc a year

15:54:03 fiat500: what happens if you get hit by a horse-drawn carriage

15:54:16 truffles: too bad then

15:54:29 mjr_: kakobrekla: hi there

15:54:32 BitHub: i have partners to carry out the death plan

15:54:35 fiat500: lol

15:54:39 fiat500: morbid

15:54:39 kakobrekla: sup mjr_

15:54:52 BitHub: things would be sad at BitHub for a while but BitHub will continue without me

15:54:54 fiat500: so escrow storage, start small, any other tips?

15:55:06 BitHub: start with friends and family first

15:55:38 ThickAsThieves: Dividends for TAT.ASICMINER have been paid for BTCT & BitFunder shareholders

15:55:40 mjr_: kakobrekla: would you be an introducing broker for another firm as well?

15:56:03 kakobrekla: well thats a broad question... lets take it on pm

15:56:15 BitHub: but trust don't erally mean anything look at ziggap

15:56:59 BitHub: client is either going to trust you or not, and that takes time, but even someone 5 years in the game can rip you off or do a runner oneday

15:57:03 BitHub: so got to keep that in mind

15:57:57 WILLdude: ThickAsThieves: How much per unit?

15:58:07 ThickAsThieves: .000198

15:58:44 WILLdude: Not too bad.

15:58:54 ThickAsThieves: anyone wanna take bets on how long before the first shareholders asks me why they are lower this week?

15:58:55 truffles: https://www.youtube.com/watch?v=ve7gsfBootk ThickAsThieves what do u think of this? : D

15:59:08 BitHub: 1-5mins

15:59:32 BitHub: good time to cause a panic dumping with teh recent AM newbs

15:59:49 mircea_popescu: Rioters have lit fires and stoned emergency services in the suburbs of Stockholm for the third night in a row after a man was shot dead by police.

15:59:55 WILLdude: Block difficulty?

16:00:05 WILLdude: Is that why?

16:00:06 BitHub: and asicminer share price div being low mp

16:00:06 WILLdude: :)

16:00:10 ThickAsThieves: <truffles> https://www.youtube.com/watch?v=ve7gsfBootk <<< 15 secs in and I hate

16:00:12 ThickAsThieves: it

16:00:21 truffles: music of today

16:00:48 ThickAsThieves: wigger girls?

16:01:03 truffles: i dunno just making a point

16:02:55 WILLdude: Is every share enititled to a certain percentage of the total dividends, or does it depend on the nummber of shares issued?

16:04:16 ThickAsThieves: every share is equal

16:05:15 WILLdude: So they all get a cetain percentage of the total?

16:05:16 WILLdude: Wow.

16:05:24 WILLdude: 0.02

16:06:06 ThickAsThieves: there are 400,000 total shares

16:06:10 ThickAsThieves: that will never change

16:06:14 ThickAsThieves: well

16:06:22 ThickAsThieves: we are told it will never change

16:07:24 WILLdude: I see.

16:08:02 WILLdude: So why does the btctc div page show a number of shares, a total and an amount per share?

16:08:38 ThickAsThieves: why shouldnt it?

16:09:11 mircea_popescu: well presumably because only a variable fraction of the ttoal is passthrough't there

16:09:37 mircea_popescu: incidentally, am i the only one who thinks it's pretty hysterical that idiots like goat used to dismiss the sour grapes mpex as "only having three shares"

16:09:47 WILLdude: Oh right.

16:09:55 mircea_popescu: whereby the situation now is that there's three exchanges with one share between them ?

16:09:58 WILLdude: I kinda get that.

16:10:35 WILLdude: Well I thought there will always be 400 000

16:10:51 jborkl: well, some exchanges have two or 3 passtroughs

16:10:58 WILLdude: Uhuh.

16:11:04 jborkl: so that counts for even more lols

16:11:14 mircea_popescu: i guess it does

16:11:30 Chaang-Noi: mp has three shares??? wtf!

16:11:42 Chaang-Noi: when did you get 3?

16:11:58 jborkl: btctc - has the main PT, the micro PT and a pending PT

16:12:17 mircea_popescu: ;;later tell davout https://bitcointalk.org/index.php?topic=212761.msg2234209#msg2234209 you're a legend now

16:12:27 jborkl: and I have seen a suggestion for a 1/1000 PT

16:12:47 WILLdude: Haha where?

16:13:05 WILLdude: On btctc

16:13:09 WILLdude: ?

16:13:10 mircea_popescu: jborkl i just hope that everyone learns from ThickAsThieves' thing that indeed shares should be planned like mpex always did it (ye, 0.00x to 0.000x per)

16:13:21 fiat500: 1/1000PT with 50% management fees

16:13:23 mircea_popescu: rathr than the glbse method of x to 0.x

16:13:48 mircea_popescu: after that all people need to learn is monthly rather than weekly dividends and we can hallelujah

16:13:54 Chaang-Noi: 1/1000th of AM will soon be X to 0.X

16:14:01 jcpham: i received a letter in the mail from a settlement my deceased grandfather started

16:14:07 jcpham: the company is bankrupt

16:14:07 fiat500: Chaang-Noi: LOL

16:14:21 jcpham: but they can pay %19.7 of the claim

16:14:31 mircea_popescu: jcpham so basically you're no longer a trust babieh ?

16:14:42 jcpham: the lawyer's office is offering 70% now

16:14:43 Chaang-Noi: i think i would take that jcpham

16:14:51 jcpham: or 50% now and 50% in two years

16:14:56 Chaang-Noi: 70% on a bankrupt comapny?

16:14:58 mircea_popescu: in other news, proton ponzi : http://www.swpc.noaa.gov/ftpdir/plots/proton/20130522_proton.gif

16:15:00 jcpham: if funds are still available

16:15:12 jcpham: no 70% of %19.7

16:15:17 Chaang-Noi: ahh

16:15:22 jcpham: it's a joke

16:15:27 Chaang-Noi: well

16:15:29 jcpham: these lawyers are all criminals

16:15:32 WILLdude: Where is the 1/1000PT?

16:15:32 Chaang-Noi: yes

16:15:44 Chaang-Noi: lawyers are the lowest form of life

16:15:52 jcpham: i'll take the 70% because idgaf and it's free money

16:15:55 deadweasel: proton pump and dump. >=10 MeV FTW

16:16:02 jcpham: but wtf

16:16:02 Chaang-Noi: if not the lowest, pretty damn close

16:16:28 jcpham: i can only imagine some sweet old lady getting this letter

16:16:38 jcpham: about her dead husband that wroked ina mill for 30 years

16:16:43 jcpham: terrible

16:16:57 Chaang-Noi: well i have o context about it, so i cant say much

16:17:03 Chaang-Noi: no*

16:17:17 jcpham: it's a depressing read where they lay it all out how they have no money

16:17:31 jcpham: and the amount gets smaller as you read

16:17:34 Chaang-Noi: well sometimes things go tits up

16:17:51 jcpham: it's an asbestos thing

16:17:53 Chaang-Noi: but i bet the lawyers are getting much more than you...

16:17:57 jcpham: dow corning and such

16:18:08 Chaang-Noi: oh that sucks

16:18:17 jcpham: guys working where they shouldn't

16:18:40 jcpham: my paternal lineage is welders.

16:18:47 Chaang-Noi: sadly not everyone knew it was so bad when they worked with it.

16:18:53 jcpham: any type of metal working really

16:19:09 jcpham: my dad didn't know about the computers

16:19:10 Chaang-Noi: ahh, we do a fair bit of welding

16:19:12 jcpham: too old too dead

16:19:16 Chaang-Noi: we ahve mostly robots now

16:19:31 Chaang-Noi: robots do a damn good job

16:19:51 jcpham: burgeoning robot middle class

16:26:19 Chaang-Noi: im going to take dump :/

16:26:43 truffles: tmi!

16:27:05 wao: w 51

16:28:00 Chaang-Noi: there it goes

16:28:27 ThickAsThieves: wow a rally

16:28:31 ThickAsThieves: didnt expact that

16:29:05 ThickAsThieves: or not

16:29:06 ThickAsThieves: hehe

16:29:08 fiat500: ThickAsThieves: divs aint been paid out yet

16:29:17 Chaang-Noi: that was me dumping

16:29:36 ThickAsThieves: nice dump goat

16:29:59 Chaang-Noi: it was a lot higher than i thought it was going to end at

16:30:17 ThickAsThieves: yeah this was big [12:28] <@assbot> [BTCTC] [ASICMINER-PT] 27 @ 2.685 = 72.495 BTC [-]

16:30:49 Chaang-Noi: not many high bids like that, was happy to see it

16:30:55 Chaang-Noi: i only sold 64 shares

16:34:10 ThickAsThieves: BTCTC dying again

16:34:19 Chaang-Noi: yes :(

16:37:54 Chaang-Noi: here be some cog, wish it was much much more

16:38:47 Chaang-Noi: fuck orders are failing

16:38:50 Chaang-Noi: fucking btct!

16:41:45 ThickAsThieves: <@Ukto> also,k with the legalities of ripple currently being the operator of an illegal exchange in the US, our lawyers have recommended getting away from ripple as fast as possible if we dont want ot be included in a DHS raid. :/

16:42:35 Chaang-Noi: ?

16:43:02 Chaang-Noi: well dhs can raid ripple, but they cant raid the fucking block chain

16:43:11 Chaang-Noi: ripple be fail from the start

16:43:22 Chaang-Noi: but i think ukto is being overly dramaic

16:43:41 Chaang-Noi: hmm trading?

16:44:25 ThickAsThieves: he's not talking about blockchain

16:44:35 ThickAsThieves: just ripple

16:44:38 Ukto: ripple runs the majority of the ripple servers

16:44:40 Ukto: i.e. control

16:44:46 Ukto: the source is not open

16:44:58 Chaang-Noi: i never ever got why anyone would ever want to use it other than scammers?

16:45:00 Ukto: thus, it is centralized

16:45:06 Ukto: i never tried to

16:45:23 zerokwel: i got free ripple and sold it and feel good :)

16:45:26 Chaang-Noi: and yes i was saying riple can be fucked, btc cant be

16:45:42 Ukto: i am trying to place a buy right now on btct too and having issues

16:45:47 Namworld: I sold my 40k free ripples for like 5 BTC

16:45:51 Ukto: i left burnsy a pm about somet hings to try

16:45:57 Namworld: I'm quite satisfied with that

16:46:02 Ukto: but i think in the forums he said the trading timeout was due to the wallet issue

16:47:24 ThickAsThieves: Dividends for ASICM have also been paid. TAT Investments, putting your money to work faster! ;)

16:47:30 WILLdude: I hate to sound nooby, but does my share of the profits decrease as more shares are issued.

16:48:02 WILLdude: The ones on Havelock haven't been just yet.

16:48:40 ThickAsThieves: you already asked that dude

16:48:42 Chaang-Noi: more shares of AM can not be issued

16:49:40 ThickAsThieves: when you see new PT shares added, it only me moving shares from off market into the TAT PT

16:49:54 ThickAsThieves: they do not dilute dividends

16:50:20 Chaang-Noi: tat hs really sold 6 times the number of sahres he owns and will run away with the btc in 3/// 2/// 1... im just rolling :)

16:50:48 ThickAsThieves: hehe

16:50:54 ThickAsThieves: there's more money to make by staying

16:51:02 Chaang-Noi: trolling*

16:52:35 WILLdude: I still don't really understand, because from the div history, the dividend seems to be the total divided by the number of shares, which is not constant.

16:52:47 Chaang-Noi: do maths again

16:53:01 WILLdude: Sorry for being a dumbass.

16:53:15 ThickAsThieves: the divs are paid per unit

16:53:19 ThickAsThieves: simple as that

16:53:23 Chaang-Noi: also read the first post in the AM thread

16:53:24 ThickAsThieves: every unit gets the same amount

16:53:31 ThickAsThieves: every week

16:53:38 ThickAsThieves: the amount of units never changes

16:53:50 ThickAsThieves: to clarify

16:54:00 ThickAsThieves: every unit gets an EQUAL amount every week

16:54:00 WILLdude: Ah so the total is calculated by BTC/Share times shares, not vice versa?

16:54:05 WILLdude: yEAH

16:54:20 ThickAsThieves: just forget about totals

16:54:29 WILLdude: Right.

16:54:38 ThickAsThieves: means nothing

16:54:43 ThickAsThieves: if you want to know the real total payout

16:54:54 ThickAsThieves: take 1 unit's divs X 400,000

16:55:07 ericmuyser: maybe if you pay the divs out on ASICMINER-PT they'll stop the DDOS?

16:55:18 Chaang-Noi: well the first few weeks ere only 163000 is that messing you up?

16:55:28 WILLdude: Also, is there any reason why last week's divs were abnormally high?

16:55:39 Chaang-Noi: yes they sold hardware

16:56:23 WILLdude: Ah right.

16:56:28 Diablo-D3: I has a sad.

16:56:52 WILLdude: The asicminer usbs look interesting.

16:56:52 jborkl: pool luck ie variance, when blocks are found compared to the 120 confirms needed to payout, hardware sales , hold back for needed further hardware purchases, expenses incurred

16:57:02 jborkl: the list goes on and on

16:57:17 WILLdude: Only 300 mhash/s so I doubt they pay off very quickly.

17:05:08 WILLdude: I want one, but it probably isn't economical.

17:05:24 ThickAsThieves: i think some people reported it hashing higher

17:05:26 ThickAsThieves: but still

17:05:29 ThickAsThieves: pretty expensive

17:05:44 soypirate: did you guys see this post? https://bitcointalk.org/index.php?PHPSESSID=00nvu059e6oiajl03rfsoka4s2&topic=211298.msg2215507#msg2215507

17:05:48 ll: ;;genrate 334

17:06:32 WILLdude: Where can I get the USB miners?

17:06:37 Chaang-Noi: i doubt romania cares

17:06:56 ThickAsThieves: <soypirate> it's filled with "This user is currently ignored" :)

17:07:10 soypirate: ah. I see.

17:07:38 Chaang-Noi: why do you want to follow all laws ever made?

17:07:52 Chaang-Noi: you will use btc once govt says it is illegal?

17:08:06 soypirate: ThickAsThieves: I wanted to thank you for some of your advice concerning BTC-BOND the other day.

17:08:21 Chaang-Noi: :)

17:08:25 Chaang-Noi: pay too much!

17:08:31 Chaang-Noi: use to much electric :)

17:08:33 ThickAsThieves: you mean that it's a decent investment?

17:08:40 ThickAsThieves: nice and predictable

17:08:43 soypirate: yeah

17:09:02 chmod755: <Chaang-Noi> you will use btc once govt says it is illegal? << I'd simply to another country

17:09:14 mircea_popescu: soypirate pretty lulzy

17:09:20 WILLdude: Are gribble's estimates for solo mining?

17:09:47 Chaang-Noi: well i already left :)

17:09:48 mircea_popescu: WILLdude it's per hashpower. not much to do with solo or pooled

17:10:14 WILLdude: Surely they pay out different rates?

17:10:23 WILLdude: The expected generation output, at 334.0 Mhps, given

17:10:23 WILLdude: difficulty of 11187257.4614, is 0.0150144731243 BTC per day

17:10:31 WILLdude: Sorry

17:10:37 soypirate: mircea_popescu: I am still trying to sort through the lulz from the good advice....

17:10:40 WILLdude: Putty copying :(

17:11:06 mircea_popescu: WILLdude how would they pay out different rates ?!

17:11:16 mircea_popescu: soypirate yeah, sometimes it gets surreal.

17:11:43 WILLdude: Because surely, finding a block is a matter of luck and you might never do it.

17:11:46 WILLdude: IDK

17:11:49 WILLdude: Oh I guess.

17:11:53 ThickAsThieves: and the winner is! https://bitcointalk.org/index.php?topic=199449.msg2236325#msg2236325

17:11:59 mircea_popescu: statistically thje results are the same tho WILLdude

17:12:54 jborkl: We need to introduce basic math skills around the world I am seeing

17:13:01 truffles: divs too low, do not want

17:13:14 ThickAsThieves: [13:13] <jborkl> We need to introduce basic math skills around the world I am seeing <<< but then I'd make less money

17:13:23 jborkl: yes, that is true

17:13:44 mircea_popescu: jborkl it's ironic that these people are using computers ;/

17:14:11 jborkl: it is, sometimes it is a wonder that they don't short out the keyboard drooling on it

17:14:13 truffles: omg some1 linked a song on -otc and i got it on repeat now ahhhhhhhhhh

17:14:23 mircea_popescu: We make ASIC Bitcoin Mining Gear using the ASIC chips Sourced from Taiwan.

17:14:23 mircea_popescu: 3.1 -3.3 GHash/sec 4 Board (has 32 chips) - 15 BTC

17:14:23 mircea_popescu: 9.3-9.9 GHash/sec 12 Board (has 96 chips) - 30 BTC

17:14:34 mircea_popescu: (spam)

17:15:27 aknap3: but free delivery, right?

17:16:12 jborkl: either they are using different chips on the boards, or once again math fails the universe

17:16:33 truffles: math is hard

17:16:34 mircea_popescu: aknap3 ya, via POP3

17:16:37 soypirate: do you guys think s.dice shares will go up when the next dividend gets paid?

17:16:39 aknap3: woohoo!

17:16:49 mircea_popescu: soypirate iirc the dividend was setting up to be very small

17:16:55 mjr_: soypirate: if people were smart they would go up BEFORE the dividends are paid

17:16:58 mircea_popescu: dooglus' stuff was showing a loss neh ?

17:17:10 mjr_: i mean...p/e ratio of .28

17:17:24 jborkl: yes, about 1500 BTC yesterday

17:17:35 mjr_: jborkl: link?

17:17:42 soypirate: mirceau_popescu is that part of a trend because of rising btc price?

17:17:53 Chaang-Noi: loss is due to luck

17:17:55 ThickAsThieves: I love MPOE-PR now

17:17:56 jborkl: so, will most likely have a carryover - and confuse math impaired people once again

17:17:58 ThickAsThieves: lol

17:18:04 Chaang-Noi: s.dice should win 1.95 of all bets over time

17:18:07 truffles: TAT link

17:18:08 Chaang-Noi: 1.9%

17:18:16 mjr_: well...1500 is not hard to get in 10 days...

17:18:18 mircea_popescu: soypirate it's mircea you know. if you just type mir ands hit tab it fills it in for you. but anyway, maybe there's some relation to usd

17:18:19 mjr_: depending on volume

17:18:39 soypirate: I see

17:18:39 jborkl: https://bitcointalk.org/index.php?topic=80312.1380

17:18:48 ThickAsThieves: https://bitcointalk.org/index.php?topic=199449.msg2236452#msg2236452

17:19:08 mircea_popescu: mjr_ actually it being a gamble... it can get 10k bet within the hour, and win it all.

17:19:10 mircea_popescu: so then it's 10k up

17:19:16 mircea_popescu: iirc this happened once maybe in january ?

17:19:32 jborkl: yeah, at the very end of the month

17:19:38 mjr_: yes, that is true

17:20:11 mjr_: i was saying that over ten days they could have 50*1500 btc

17:20:27 mjr_: with EV they would then break even...but i am not seeing the loss on this chart yet

17:20:28 mircea_popescu: either way, for all we know they could be 10k in the hole

17:20:29 mjr_: still reading

17:20:38 mjr_: well, it is luck based after all

17:20:47 ThickAsThieves: big havelock buy coming up

17:21:03 ThickAsThieves: bam

17:21:36 mircea_popescu: how did you know that ?!

17:21:42 ThickAsThieves: it was a bid

17:21:46 ThickAsThieves: i filled it

17:22:10 Chaang-Noi: you bought at .027?

17:22:24 Chaang-Noi: or sold?

17:22:26 Chaang-Noi: into it?

17:22:31 ThickAsThieves: sold

17:22:35 Chaang-Noi: ahh

17:22:38 Chaang-Noi: fucking btct

17:23:01 ThickAsThieves: i'm gonna steal all your arbs goat

17:23:16 mircea_popescu: o i c

17:23:16 Chaang-Noi: right now i just want my coin off of btct!

17:23:30 ThickAsThieves: http://www.youtube.com/watch?v=OPcod8IS214

17:23:38 soypirate: Chaang-Noi: why? because of the downtime?

17:23:47 Chaang-Noi: i need more hookers

17:23:51 Chaang-Noi: and coke...

17:23:55 soypirate: lol

17:24:27 mircea_popescu: about a year ago i wrote an article, in romanian, titled " how to suck cock. guide for half of oral sex."

17:24:39 mircea_popescu: to this day it's the most read piece on my blog. every single day since then it has been

17:24:44 Chaang-Noi: im sure you are good at it

17:24:50 soypirate: that's the internet for you

17:25:02 ThickAsThieves: lol

17:25:08 mircea_popescu: ironically, i've never sucked cock myself

17:25:12 mircea_popescu: so yes, that's the internet.

17:25:22 jcpham: i have mircea_popescu

17:25:27 jcpham: you should try it

17:25:27 ThickAsThieves: mp only sucks cock with friends

17:25:38 Chaang-Noi: mp, sorry for the low shot, but you set me up so well...

17:25:42 mircea_popescu: jcpham haha you seen carlin in jay and silent bob ?

17:25:54 parseval: God, TAT, people really try to put you through the ringer for that 5%

17:26:01 ThickAsThieves: yep

17:26:12 ThickAsThieves: even when i spend a long time writing up a post

17:26:14 jcpham: yes

17:26:18 ThickAsThieves: to bang them over the head with math

17:26:20 ThickAsThieves: i get

17:26:26 jcpham: everyone should try sucking dick at least once

17:26:28 jcpham: male and female

17:26:32 ThickAsThieves: NOU TAKE MY 5% NOWAI

17:29:12 parseval: Such is the internet, I guess

17:30:00 mircea_popescu: jcpham female dick ?

17:30:18 mircea_popescu: ThickAsThieves along the same lines https://bitcointalk.org/index.php?topic=212544.msg2232539#msg2232539

17:33:36 mircea_popescu: https://bitcointalk.org/index.php?topic=201461.0 << Your average Bitcoin enthusiast.

17:34:38 mircea_popescu: kakobrekla https://bitcointalk.org/index.php?topic=120757.msg1650360#msg1650360 can you believe he still didn't add it ? :D

17:35:17 kakobrekla: tbh its getting harder and harder to suprise me

17:35:27 mircea_popescu: old age.

17:36:17 kakobrekla: or just bitcoin

17:39:00 WILLdude: Ergh.

17:39:20 WILLdude: Having a hard time deciding if to sell or not.

17:48:31 deadweasel: WILLdude: my advice is to sleep on it.

17:48:56 ThickAsThieves: WILLdude, consider this

17:49:01 deadweasel: also, sleep with as many girls as you can before it becomes illegal.

17:49:03 ThickAsThieves: what will you do with the BTC if you sell?

17:49:20 ThickAsThieves: nothing?

17:49:23 ThickAsThieves: save it?

17:49:25 ThickAsThieves: sell it?

17:49:33 ThickAsThieves: or invest in something stupid?

17:49:35 deadweasel: he's gonnna buy a fleshlight, what else would a self-respecting teenager do>

17:49:38 deadweasel: ?

17:49:41 ThickAsThieves: lol

17:50:17 deadweasel: the only thing that cut into my quake1 gaming at that age was constant masturbation.

17:50:31 deadweasel: it's hard to frag and jerk off at the same time.

17:50:38 deadweasel: also it's not very satisfying.

17:50:59 deadweasel: unless you're playing RUNES and you cum when you get berserk rune.

17:51:07 deadweasel: berserk ftw

17:52:24 WILLdude: ThickAsThieves: Sell it.

17:52:33 WILLdude: But I guess I don't need the money.

17:52:48 deadweasel: so hold it.

17:53:56 deadweasel: WILLdude, again, go find a girl your age and fuck her silly.

17:54:00 ThickAsThieves: either hold the BTC

17:54:05 ThickAsThieves: or hold the stocks

17:54:06 deadweasel: give her your .5btc for her virginity

17:54:10 ThickAsThieves: dont get trigger happy

17:54:14 ThickAsThieves: or youll lose it al

17:54:15 deadweasel: it's totally worth it for both of you.

17:54:15 ThickAsThieves: l

17:54:25 WILLdude: Eww

17:54:36 fiat500: gays

17:54:37 deadweasel: ok, new guy is asexual.

17:55:52 WILLdude: Have you heard of age of consent?

17:56:03 WILLdude: Or the concept of embarrasment?

17:56:09 deadweasel: yes, and that age is different or nonexistent across the globe.

17:56:29 deadweasel: willdude, that is just a concept, but the memory of fucking her will last a lifetime. your concept is just an idea.

17:56:50 deadweasel: well, not a lifetime, it will fade as you bed more women.

17:57:52 deadweasel: WILLdude, I had this catholic sexual guilt thing going on for most of my teenage years. I missed out on a TON of teenage sex because of it. WORST MISTAKE EVAR.

17:58:04 deadweasel: because of 'embarassment'.

17:58:15 deadweasel: cast off that prison

17:58:17 WILLdude: haha

17:58:25 deadweasel: do not be a prisoner of your thoughts.

17:58:28 WILLdude: But no.

17:58:29 fiat500: prison, begone

17:58:30 deadweasel: they are just thoughts

17:58:44 deadweasel: but a wet pussy is a wet pussy, fo realz.

17:58:55 deadweasel: not a thought about embarassment. which do you chooose?

17:58:55 WILLdude: I'm too fat, I wouldn't be able to see anything interesting.

17:59:03 WILLdude: :)

17:59:12 deadweasel: you will never know until you try.

17:59:18 deadweasel: and you will never lose until you give up trying.

17:59:33 ThickAsThieves: fat dudes get laid all the time

17:59:39 ThickAsThieves: its more a confidence thing

17:59:43 ThickAsThieves: just own it

17:59:43 truffles: <deadweasel> they are just thoughts>> until u act on them

17:59:52 ThickAsThieves: you'll find chix

18:00:03 benkay_: alternatively get the fuck off irc and ride a bike

18:00:07 ThickAsThieves: lol

18:00:07 deadweasel: truffles, context was the thoughts are of being 'embarassed'.

18:00:11 truffles: or he could but down a couple donuts..

18:00:20 deadweasel: benkay_: +10

18:00:24 ThickAsThieves: sex burns calories too

18:00:31 ThickAsThieves: well, maybe not teen sex

18:00:36 mircea_popescu: lmao

18:00:40 benkay_: negligible amouts, tat. don't promulgate that shit.

18:00:41 deadweasel: lawls

18:01:06 mircea_popescu: benkay_ i dunno how negligible it is man. if it burns rubber it sure as hell burns calories too

18:01:19 deadweasel: WILLdude: you can fix fat, but you can't fix "I never had sex with teenage girls, now it's too late".

18:01:23 benkay_: localized dissipation. gimme a break, guys.

18:01:35 Diablo-D3: so wtf is with the am div

18:01:38 kakobrekla: deadweasel goat would disagree

18:01:39 mircea_popescu: deadweasel it's never too late, just live in a sane country.

18:01:47 WILLdude: Haha

18:01:48 kakobrekla: lol

18:01:50 Diablo-D3: [02:00:25] <ThickAsThieves> sex burns calories too

18:01:52 WILLdude: IDC about that.

18:01:55 deadweasel: kakobrekla, and I repect him for it, but his local laws allow it, or the local culture.

18:02:03 Diablo-D3: if that were true, I would be the skinniest man alive

18:02:05 WILLdude: The thing is.

18:02:11 deadweasel: mircea_popescu: I'm seriously considering it lately.

18:02:11 WILLdude: it's a) illegal

18:02:14 kakobrekla: so its a geolocation thing deadweasel

18:02:21 Diablo-D3: I'd have one chick impaled on my dick, and another chick feeding me hamburgers

18:02:24 Diablo-D3: both at the same time

18:02:24 WILLdude: b) embarrassing

18:02:24 ThickAsThieves: [14:01] <Diablo-D3> so wtf is with the am div <<< Haven't you heard, I needed to buy some new toys

18:02:39 deadweasel: Willdude, what STATE are you in?

18:02:40 WILLdude: c) Very enjoyable

18:02:43 WILLdude: UK

18:02:46 deadweasel: bingo

18:02:49 WILLdude: Hampshire.

18:02:50 ThickAsThieves: it's not illegal for teens to have sex with each other is it?!

18:03:00 deadweasel: my Grandma is in South Hampton, go fuck her.

18:03:05 deadweasel: she hasn't gotten laid in 40 years!

18:03:13 ericmuyser: not under the age of 18 or within 2 years age difference in canada. 17 <-> 19 works

18:03:22 Diablo-D3: its 1 year in the US

18:03:30 truffles: 15yr vs 18yr bad in US apparently

18:03:37 Diablo-D3: and its only illegal if you get caught

18:03:37 mircea_popescu: Diablo-D3 actually here's the thing to do : http://polimedia.us/fraudsters/2012/orice-cuplu-functional/

18:03:38 deadweasel: yes, bad here.

18:04:10 Diablo-D3: mircea_popescu: thats like the worst photo of a blowjob ever

18:04:14 jborkl: Some states like Arkansas , teens have to, according to the law. Keeps the mobile home industry growing

18:04:35 mircea_popescu: lol

18:04:39 fiat500: paywall

18:04:40 fiat500: donotwant

18:04:47 WILLdude: TAT, it is.

18:04:49 mircea_popescu: fuck you, pay me!

18:04:52 fiat500: LOL

18:05:00 deadweasel: do no twant? no, fiat500, do twat!

18:05:08 Diablo-D3: confirmed: mp is a whore

18:05:16 deadweasel: fuck me, pay me!

18:05:19 truffles: ewwww what is that, his penus looks weird

18:05:20 benkay_: Willdude: you can always focus on growing your pocketbook + monetizeable skills through high school while shrinking your gut. then in college, date high schoolers. younger girls are 10x.

18:05:35 deadweasel: that is sound advice

18:05:39 mircea_popescu: what's this obsession with fucking kids anyway.

18:05:40 Diablo-D3: benkay_: meh, virgins suck

18:05:46 deadweasel: because you'll figure out how to fuck and you'll be fit and you'll have some money.

18:05:48 Diablo-D3: I've always liked women older than I am

18:05:49 benkay_: so trainable though, diablo!

18:05:52 mircea_popescu: i muchly oprefer twenny somethings to teens

18:05:54 Diablo-D3: at least they know what they're doing

18:05:58 Scrat: how old is WILLdude

18:06:03 deadweasel: me too mircea_popescu

18:06:04 Diablo-D3: sadly, I am now 29, older women are now my age.

18:06:04 mircea_popescu: Scrat like 12

18:06:10 benkay_: not really advice for this chan. more advice for WD.

18:06:57 truffles: WIll i think ure on the right path anyways, food> sex

18:07:36 ThickAsThieves: lol

18:07:46 jcpham: unicorns

18:07:48 ThickAsThieves: is this AOL chat room or sumth?

18:08:00 ThickAsThieves: asl?

18:08:01 jcpham: 18/f/cali

18:08:05 truffles: lol

18:08:10 ThickAsThieves: lol

18:08:12 jborkl: refernce AOL? 1990 called and they want AOL back

18:08:21 jborkl: reference

18:08:42 truffles: yahoo chats had that too

18:08:46 zerokwel: i hate to say it aol was my first isp when them dammm 50 hr free floppys :)

18:08:59 jcpham: i hate like 50 floods confirmed

18:09:04 jcpham: back when you could do it

18:09:06 ThickAsThieves: i used AOL dial up on my packard bell

18:09:25 ThickAsThieves: I remember installing my 14.4b modem and being so excited

18:09:30 jcpham: i hade to disable pm's on my 486 because of people flooding

18:09:46 jcpham: like NICK$OFF or something

18:10:03 zerokwel: oh the goodold days.....

18:10:08 deadweasel: me too zerokwel

18:10:25 deadweasel: 14.4kbps, fucking lightening speed.

18:10:28 benkay_: aol? good old days?

18:10:31 jborkl: http://dottech.org/96601/aol-still-sells-over-600-million-worth-of-slow-dial-up-internet-per-year/

18:10:35 truffles: the sound of the 56k was like letting u know u got internet!

18:10:42 deadweasel: jborkl I am now crying

18:10:43 benkay_: usenet, my brothers, usenet.

18:10:52 benkay_: that was once a thing, right?

18:10:57 zerokwel: back in them days it was ftp :)

18:11:02 benkay_: omg internet nostalgia trip

18:11:06 jcpham: dialup was awesome because you could find carriers

18:11:06 zerokwel: all about the private sites :)

18:11:19 jcpham: i literally found my school's carrier in another town

18:11:25 jcpham: and borrowed their access

18:11:41 benkay_: mircea_popescu on the subject of nineties and bootstrap and geocities, try this for the MPEx web site

18:11:42 benkay_: http://divshot.github.io/geo-bootstrap/

18:11:42 jcpham: dial isp were awesome

18:11:55 zerokwel: http://www.youtube.com/watch?v=gsNaR6FRuO0

18:11:56 zerokwel: :)

18:12:07 kakobrekla: win benkay_

18:12:14 deadweasel: it would be an improvement

18:12:17 mircea_popescu: omg this is hate crime

18:12:33 jcpham: aww that's slick mircea_popescu

18:12:38 jcpham: you should implement that

18:12:41 ThickAsThieves: I remember trading pearl jam live bootlegs on BBS

18:12:50 ThickAsThieves: and programming in BASIC

18:13:03 truffles: napster!

18:13:07 ThickAsThieves: before that my texas instruments unit

18:13:11 ThickAsThieves: with Hunt the Wumpus

18:13:18 jcpham: i realllllly like that geo-bootstrap

18:13:19 mircea_popescu: ppl see mpex site trippin they geocitin'

18:13:22 jborkl: lol I remember that

18:13:32 jborkl: Hunt the Wumpus, lol

18:13:37 ThickAsThieves: so good

18:13:41 zerokwel: changing my cell phone ring tune to that dialup sound :)

18:13:58 truffles: lol

18:14:21 mircea_popescu: ok apparently sec just charged a city in florida with securities fraud

18:14:29 ThickAsThieves: nice

18:14:32 ThickAsThieves: which?

18:14:40 mircea_popescu: http://www.sec.gov/news/press/2013/2013-91.htm

18:15:05 ThickAsThieves: heh

18:15:07 benkay_: it's nice to see muni's screwing wall street for a change

18:15:14 ThickAsThieves: probly just idiocy, not intentional fraud

18:15:31 benkay_: but you'll never hear bankers behavior called "fraudulent conduct"

18:15:55 benkay_: when bankers do it on purpose, it's business. when munis do it via incompetence, it's fraud.

18:15:58 benkay_: welcome to america.

18:16:33 truffles: double standards are part of life so..

18:17:15 jcpham: standards gonna stand

18:17:41 mircea_popescu: well ya.

18:17:55 jcpham: ya well

18:18:02 mircea_popescu: this is the purpose of "regulation", and this is why it ain't happening here.

18:18:19 truffles: i dislike the new utube setup

18:18:30 mircea_popescu: meanwhile https://twitter.com/Mircea_Popescu/status/337270544342847488

18:18:30 truffles: why must they break it!

18:18:59 jcpham: i'm a huge fan of fake it til you make it

18:19:31 jcpham: seems apropos, no

18:24:32 jborkl: https://twitter.com/BFL_News

18:25:46 ThickAsThieves: lol BFL

18:25:48 mircea_popescu: tis bullshit.

18:26:11 ThickAsThieves: they just need 2 more weeks of sales, to cover all the cancellations

18:26:34 mircea_popescu: i think it will be known as bfl syndrome

18:27:09 benkay_: i met this hilarious kid at buttcon who's doing mining arbing on altchains considering nethash and price

18:27:22 benkay_: from jersey

18:27:26 benkay_: running on free juice

18:27:42 mircea_popescu: benkay_ most of the kids these days do that afaik

18:27:45 benkay_: can't help but assume he's operating out of some mob bakery

18:27:59 jborkl: pfft, basement

18:28:02 ThickAsThieves: yeah they arbed it to 1:1 btc

18:28:27 ThickAsThieves: http://www.coinwarz.com/cryptocurrency

18:28:29 ThickAsThieves: lol

18:28:32 ThickAsThieves: Worldcoin?

18:28:39 ThickAsThieves: it never ends

18:28:56 deadweasel: which brings us back to having sex with minors (!=miners).

18:29:23 mircea_popescu: maybe in the future every house appliance will have not only its own ip

18:29:26 mircea_popescu: but also its own alt chain

18:29:37 ThickAsThieves: i said before,

18:29:40 mircea_popescu: fridge trades fridgecoin with microwave for microcoin...

18:29:48 ThickAsThieves: I think govs should make their wn altchains asap

18:29:50 deadweasel: power credits?

18:29:54 jcpham: http://www.academicearth.org/electives/internet-knows-bitcoin/

18:30:00 ThickAsThieves: own*

18:30:12 benkay_: totes, TAT.

18:30:24 ThickAsThieves: if there was a eurocoin, then they might just survive this bitcoin madness

18:30:31 mircea_popescu: ThickAsThieves if i was the gaddafi of some place i would have by now.

18:30:35 benkay_: but then they couldn't print their way out of their problems.

18:30:37 ThickAsThieves: but if they all try to fight bitcoin, theyll lose

18:31:01 louong: TAT, you did asicminer divs yet?

18:31:09 mircea_popescu: "you wanna buy our oil/diamonds/nubile young slaves/wtvr ? pay in MPCOIN!!!"

18:31:21 louong: seriously, why isn't there an mpcoin yet?

18:31:57 ThickAsThieves: louong, TAT.AM holders got divs before anyone, including direct shareholders

18:32:01 ThickAsThieves: that's how I roll

18:32:10 louong: TAT, I meant for this weeks' divs

18:32:13 louong: did you send them out yet?

18:32:14 ThickAsThieves: me too

18:33:14 ThickAsThieves: to be clear, yes, divs were paid out an hour or two ago

18:33:33 louong: awesome thx

18:37:32 ericmuyser: ThickAsThieves: so you paid out divs before you got paid? smart if so, but wonder how you knew the % coming to you

18:38:34 jcpham: https://bitcointalk.org/index.php?topic=212490.0

18:38:36 jcpham: huge

18:38:56 jcpham: anyone have a bitmessage address to share with me

18:40:06 ThickAsThieves: <ericmuyser> ThickAsThieves: so you paid out divs before you got paid? smart if so, but wonder how you knew the % coming to you <<< yes, I just waited to learn the payout amount

18:40:13 ThickAsThieves: and used my own BTC to pay

18:40:34 ThickAsThieves: some risk i guess

18:40:36 ThickAsThieves: but not much

18:41:14 ThickAsThieves: just trying to raise the bar

18:41:21 ericmuyser: ThickAsThieves: ya, and earn some favor IMO :) considering the huge delay on burnside's

18:41:37 ThickAsThieves: gives people a chance for double divs too

18:41:41 ThickAsThieves: if pricing works out

18:42:02 ThickAsThieves: which encourages people to stay wrapped up in AM

18:42:02 ericmuyser: true that

18:42:25 ericmuyser: where they should be!

18:42:42 ThickAsThieves: of course the larger my PT gets, the harder it will be for me to do this

18:42:56 ThickAsThieves: and of there is an unexpectedly large div, could be hard too

18:43:20 ericmuyser: ya but seems like ur fine for a bit

18:47:55 ThickAsThieves: ;;title http://www.reuters.com/article/2013/05/22/us-markets-global-idUSBRE88901C20130522

18:48:03 ThickAsThieves: "Bernanke spurs stock volatility, dollar gains"

18:48:44 benkay_: cool shit jcpham.

18:50:20 ThickAsThieves: Bernanke with his fingers on the nipples of the economy

18:51:14 ThickAsThieves: will he pinch, poke, or twist? tune in next quarter!

18:51:32 deadweasel: mircea_popescu: reportedly female user wants to start ASIC company in UK, has personal website: https://bitcointalk.org/index.php?topic=213241.msg2237298#msg2237298

18:51:46 deadweasel: she could be MPOE-PR #2?

18:51:51 deadweasel: she has datacenter

18:51:54 deadweasel: nom

18:51:56 ericmuyser: btctc.. reddit.. cant catch a freaking break. http://dl.dropboxusercontent.com/u/58484258/Screenshots/em9u.png

18:52:25 mircea_popescu: oic. kate.

18:56:23 deadweasel: kate, you know her?

18:58:26 deadweasel: she's a poor sailor, http://kate.craig-wood.com/image.php?file=images/pics/water/sail8_sc.jpg

18:59:04 deadweasel: although, unless completely fake, may have some brains/skills

18:59:53 Scrat: argh

19:00:12 Scrat: successful cloud entrepreneur

19:01:13 deadweasel: family section, read about Nikc, the brother, apparently he is the brainz of the op.

19:01:40 deadweasel: could entreprenuer doesn't meanshit unless you get a company to pay for putting them on 'the cloud'

19:01:57 deadweasel: but still, i'm biased towards vaginas.

19:02:35 Scrat: everyone with a penis is

19:02:56 deadweasel: not the gays

19:03:11 Scrat: they are a statistical anomaly

19:03:11 deadweasel: unless they want to talk, then biased towards vaginas

19:03:16 deadweasel: it's true

19:03:28 benkay_: wow she tipped a cat

19:03:43 benkay_: that takes some doing

19:03:53 benkay_: and some ovaries to push it into that part of the performance envelope

19:10:51 mircea_popescu: her plan is not quite as bad as average noob

19:14:18 jcpham: who is the kate lady

19:14:23 jcpham: the blog made lulz

19:14:41 deadweasel: nobody has responded to her 20 post acount yet.

19:14:50 deadweasel: MPOE-PR should welcome her... ;)

19:15:12 Namworld: We'll need proof that user is who it claims to be. Might me a ploy by a mafious ring to make techies go in Surrey and kidnap them to slave away at producing ASICs!</tinfoilhat>

19:15:47 jcpham: (I'm a successful cloud IaaS entrepreneur - see memset.com) and am fairly technical but building a GPU mining rig is about my limit.

19:15:56 jcpham: megabarf

19:16:17 jcpham: i stopped reading after that

19:17:52 deadweasel: i stopped fapping after that

19:17:56 deadweasel: kept reading

19:23:00 mircea_popescu: haters

19:23:03 mircea_popescu: all of ye

19:25:06 deadweasel: She can't sail, but she's willing to try, that's a plus.

19:25:39 jborkl: What thread is this?

19:28:57 jcpham: jborkl https://bitcointalk.org/index.php?topic=213241

19:55:05 ThickAsThieves: ;;nethash

19:55:16 ThickAsThieves: rise! rise!

20:07:45 topace: !ticker h asicm

20:09:14 FabianB: ;;bc,convert eur

20:19:25 thestringpuller: !ticker h HIM

20:36:31 kakobrekla: Ripple is now a Tsunami!

20:36:31 kakobrekla: Just like that, Ripple's market cap now exceeds that of Bitcoin. There are a lot of people asking just what the heck is going on, and of course, trying to figure out if this is just another digital currency bubble.

20:36:32 kakobrekla: oh my.

20:36:47 kakobrekla: sauce http://www.thebitcointrader.com/2013/05/ripple-is-now-tsunami.html

20:37:01 ThickAsThieves: advertorial?

20:37:05 mircea_popescu: lmao

20:37:38 jcpham: i buy xrp

20:37:44 ThickAsThieves: "We do know that the founders have retained 20 billion XRP, and that OpenCoin controls 80 billion XRP"

20:37:46 ThickAsThieves: lol

20:38:19 dub: anyone else gettign this bitcoin alarm spam

20:38:27 jborkl: dub , yes

20:38:30 ThickAsThieves: yes

20:38:41 ThickAsThieves: insta-ignored

20:38:44 jborkl: and the ripple exchange rate has been falling this week

20:38:48 mircea_popescu: That brings the total number of "institutionally held" XRP to 99.42 billion.

20:39:01 jborkl: only 99.42 billion

20:39:10 mircea_popescu: clearly the market cap is 1.3 bn

20:39:24 mircea_popescu: there's 11mn bitcoin out of 11mn in circulation trading at 120

20:39:40 mircea_popescu: there's 50mn ripple (MORE THAN BITCOIN) in circulation not trading anywhere

20:39:49 mircea_popescu: thus therefore... yeah! MORE THAN BITCOIB

20:40:07 ThickAsThieves: i cant wait to get rich off my free 40k ripples

20:40:12 jcpham: over 9000!

20:40:20 mircea_popescu: Remember that Ripple's key investors have connections to PayPal and Dwolla, and will want to bring them on as Ripple Gateways. Such a move would boost Ripple's valuation well into the stratosphere, leaving Bitcoin behind as a beta-version afterthought.

20:40:20 jborkl: I sold mine as soon as I got them

20:40:34 jborkl: for 6000/1

20:40:35 mircea_popescu: totally dude. the dwolla fuckwits are going to leave bitcoin behind as an afterthought

20:41:01 Scrat: TAT I wish I could have waited like you

20:41:06 Scrat: I blew my ripple load prematurely

20:41:06 jcpham: ThickAsThieves i have a few $k lastime i checked... in btc that is

20:41:15 jborkl: yeah, no one but BTC people has ever heard of Dwolla

20:41:18 jcpham: not even sure how

20:42:12 mircea_popescu: jborkl and what the btc people have heard of dwolla was that they scam on an unprecedented scale.

20:42:37 WILLdude: Oh shit.

20:42:56 WILLdude: I've just discovered BTC-E's minimum of 250 dollars on btc.

20:43:03 WILLdude: With paypal

20:43:29 WILLdude: I guess I'll have to buy back.

20:44:03 kakobrekla: its gonna be fun when gateways start collapsing

20:44:05 jborkl: Yeah, bitbet - Ripple exchange rate is less than 20,000 ripple per BTC by the end of July

20:44:33 ThickAsThieves: see Willdude, I told you not to sell

20:44:38 jborkl: problem is , where is a reliable exchange price

20:44:42 kakobrekla: "selling ripple IOUs 0.1$ per 1$"

20:45:14 ThickAsThieves: I'll sell my ripples 100:1BTC

20:45:26 ThickAsThieves: til then I'm holding

20:45:26 jcpham: too high

20:45:47 jborkl: I can not even understand the logic of Ripple anyway. Bob can't pay mcdonalds, so he exchanges a IOU with Mary who has a trust level with Tim

20:46:13 jborkl: so Tim now owes Mcdonalds for Bobs cheeseburger

20:46:19 jborkl: WTF

20:46:26 kakobrekla: but bob defaults

20:46:38 jborkl: and he ate the cheeseburger

20:46:53 kakobrekla: and tim defaults

20:46:58 kakobrekla: cause he gave ious to 10 bobs

20:47:03 WILLdude: Haha

20:47:11 WILLdude: I'm buying shares back.

20:47:12 jborkl: so who is the bagholder at the end?

20:47:18 kakobrekla: donald.

20:47:58 jborkl: See, the logic chain fails

20:48:24 jborkl: someone is getting fucked, but no telling who

20:48:49 jborkl: last one in line at Mcdonalds I guess, or maybe the rancher that sold Mcdonalds the cow

20:48:59 ThickAsThieves: BTCTC comes back, one order fires, 500 people try to load website and crash it, rinse & repeat!

20:49:03 WILLdude: Well, if I buy back, I've only lost 1 share, with a third of the price of one left over.

20:49:13 WILLdude: Maybe I'll just forget I have these BTC.

20:49:23 ThickAsThieves: or if you just hold the BTC you lose even less

20:49:24 WILLdude: Well, shares.

20:49:34 WILLdude: So annoyed.

20:49:38 ThickAsThieves: which was our original recommendation

20:49:48 ThickAsThieves: learn to learn

20:49:49 ThickAsThieves: :P

20:50:28 WILLdude: So do wire transfers from exchanges have a fee?

20:50:35 ThickAsThieves: of course they do

20:50:36 aknap3: Experience is a high price to pay for wisdom.

20:50:40 WILLdude: My bank charges ?13

20:50:52 aknap3: Most people insist on paying it

20:50:57 fiat500: then who was divs?

20:51:20 WILLdude: And since I can't actually get any way to efficiently sell my BTC, I'm fucked.

20:51:28 WILLdude: So I might as well keep them.

20:51:36 aknap3: WILLdude: you are not fucked if you learned something!

20:51:40 jurov: came back after 4 hrs. dat scrollback. gods.

20:51:41 WILLdude: haha

20:51:54 aknap3: if you didn't, then yes, you are very fucked

20:51:57 WILLdude: I'll keep them in the shares for a while.

20:52:26 jurov: willdude i can prolly send you these few euros in envelope

20:52:29 fiat500: can anyone else access btct?

20:52:38 ThickAsThieves: no

20:52:46 aknap3: fiat500, I can. they probably just banned you

20:52:49 aknap3: :)

20:52:58 ThickAsThieves: i can access once in a while

20:52:59 aknap3: but I have no idea if trades are working

20:53:00 dub: for varing values of access

20:53:02 ThickAsThieves: and almost place an order

20:53:13 fiat500: cloudfart says "this website is offline"

20:53:18 WILLdude: jurov: What do you mean?

20:53:23 aknap3: had that on and off for the past couple hours or so

20:53:41 jurov: dude you want to sell bitcoins and get fiat, no?

20:53:48 fiat500: has AM-PT paid divs yet?

20:53:55 fiat500: jurov: he cant have me

20:54:03 joecool: jurov: i do right now

20:54:19 jurov: wat

20:54:32 joecool: i have a fiat shortage

20:54:38 joecool: atm

20:54:54 joecool: oh not a trading channel, whoops :P

20:54:55 ThickAsThieves: only TAT AM PTs have paid divs

20:55:08 ThickAsThieves: everyone else is waiting for AM's freshly minted coins to confirm

20:55:15 dub: ah

20:55:34 dub: I knew they would derp something up with solo mining

20:55:46 jurov: AM pays fresh coins out???

20:56:03 jurov: they should have kept them and pay something other

20:56:07 dub: they just started solo so presumably they'll have to

20:56:07 fiat500: ThickAsThieves: oh, thanks

20:56:11 fiat500: you are benevolent

20:56:14 jurov: and sell them on silk road

20:56:31 fiat500: thank you for the.. 0.016 btc you sent me early

20:56:31 dub: you can get more for fresh coin?

20:56:32 fiat500: lulz

20:56:44 WILLdude: There is one option left, I guess.

20:56:48 jurov: i heard yes, they have no history

20:57:52 jurov: and no taint

20:58:09 mod6: heh, taint

20:59:20 dub: tried coming off pain meds yesterday, bad idea

20:59:56 WILLdude: Hmm..

21:00:17 WILLdude: Don't know if I should go to a slightly more expensive exchange or to reinvest.

21:01:17 WILLdude: But dammit, I don't think there is any way really to sell btc for gbp. No exchanges do bank deposits.

21:01:28 WILLdude: Wire is too expensive.

21:01:33 truffles: <dub> tried coming off pain meds yesterday, bad idea>>> take it like a man why do u need meds!

21:01:35 WILLdude: PayPal is too risky.

21:01:51 WILLdude: I'm starting to think I should just buy porn with it. :)

21:01:53 WILLdude: KJ

21:01:55 WILLdude: *KJ

21:01:59 WILLdude: *JK

21:01:59 fiat500: **KJ

21:02:05 WILLdude: ***JK

21:02:17 kakobrekla: chill

21:02:30 jborkl: dub, solo mining should have nothing to do with this

21:02:47 jcpham: solo solo solo

21:02:56 jcpham: liquid honey blocks

21:02:58 WILLdude: So

21:03:03 WILLdude: What to do.

21:03:06 fiat500: sex

21:03:06 dub: jborkl: sounds liek they tried to spend coins before 120 confirms

21:03:13 jcpham: buy back in WILLdude

21:03:13 jborkl: you cant

21:03:18 kakobrekla: WILLdude #bitcoin-trollbox

21:03:22 jborkl: it is locked in immature balance

21:03:23 fiat500: lol

21:03:48 jcpham: dub i've detox'd from fentanyl twice now

21:03:52 jcpham: there is light at the end

21:04:16 dub: jcpham: its not the detox its the pain

21:04:17 fiat500: if you spend it they will come

21:04:34 jcpham: ohhhhhh

21:04:41 jcpham: smoke weed erryday

21:05:36 benkay: +1 jcpham

21:05:42 benkay: works for hangovers, detox

21:05:48 benkay: butthurt miners

21:05:56 dub: not so good for broken bones

21:07:12 benkay: if you have broken bones, you get the good stuff, which i think is actual root of problem?

21:07:16 jurov: WILLdude: i thought maybe bitcurex prepaid card may help you but they are under maint: http://shop.bitcurex.com

21:07:35 jurov: and it's likely too expensive initially for you

21:08:03 jurov: so just wait these few years

21:08:03 kakobrekla: just use gaystamp

21:08:22 dub: got tramadol, problem being after a few days the pain is completely gone so dub stops taking them

21:08:49 jurov: did you try acupunture?

21:09:10 truffles: or meditation

21:09:21 jcpham: tramadol i heard kids are abusing ultram these days

21:09:25 WILLdude: No.

21:09:28 WILLdude: Actually

21:09:32 jcpham: if you take enough it makes you drowsy i think

21:09:32 WILLdude: I'm selling.

21:09:50 dub: tramadol is fine

21:09:55 WILLdude: I might buy into BTC again, but it's taking my life over.

21:09:59 jcpham: stop breaking the bones friend

21:10:23 truffles: might qualify for medical weed now good job

21:10:44 jcpham: i think like 20 US states have passed weed laws now

21:10:53 jurov: willdude tomorrow you'll come you want to get back in

21:10:54 jcpham: awkwardsituation

21:11:52 dub: erryone should join #bitcoin-trollbox

21:12:06 dub: I made a bitcoin bootup paste

21:12:17 WILLdude: I want to ban myself from havelock after this, on every day except wednesday.

21:12:28 ThickAsThieves: good idea

21:12:36 fiat500: ;join #bitcoin-trollbox

21:12:44 benkay: herp

21:12:55 fiat500: derp

21:13:02 WILLdude: eek

21:13:14 WILLdude: I almost have enough for 12 shares.

21:13:20 WILLdude: But not enough.

21:13:29 WILLdude: I'll put in the best bid I can.

21:15:19 WILLdude: BTC is on it's way back.

21:15:46 WILLdude: I learnt a lot from that, and it only cost me 0.026 btc!

21:16:08 fiat500: on its way back from what?

21:24:12 Willdude123: Hello again.

21:24:43 jurov: /o\

21:25:10 Willdude123: What exactly does that emoticon stand for?

21:25:20 fiat500: gasp

21:25:28 jborkl: Willdude , you talk too much

21:25:33 mircea_popescu: ;;ticker

21:25:35 jborkl: not to be a asshole

21:25:43 Willdude123: Haha. Just found out this guy in the year above me got someone pregnant.

21:25:57 fiat500: year above? you're in school?

21:25:59 fiat500: quaint

21:26:02 jurov: dude it's facepalm

21:26:05 KRS-1: lol

21:26:11 Willdude123: Oh sorry.

21:26:18 dub: Willdude123: why do you have a wikipedia hostmask?

21:26:19 Willdude123: I apologize for being alive.

21:26:25 fiat500: I THOUGHT THIS WAS AMERICA

21:26:39 jurov: NO THIS IS SPARTA

21:26:45 KRS-1: no..this is TEH INTERNETZ

21:26:52 kakobrekla: shutup.

21:26:53 mircea_popescu: fiat500 yea he's in school, we've been through all this during tuesday grilling session

21:26:55 mircea_popescu: grep the logs

21:26:59 fiat500: lmfao

21:27:11 fiat500: i see what you meant now about fucking a girl his age

21:27:27 Willdude123: dub, guess

21:27:38 Willdude123: Did I:

21:28:07 Willdude123: a) Ask for one, and got one, with me having no affiliation with wp at all?

21:28:30 Willdude123: b) Get one because I sometimes edit wikipedia?

21:28:51 dub: Willdude123: they are doing some kind of adopt-a-retard program?

21:28:52 jurov: dude how does editing wikipedia qualify you to trade and troll?

21:29:05 Willdude123: Wtf?

21:29:05 benkay: HELLO THIS IS DOG

21:29:16 fiat500: wrong room

21:29:21 dub: I am 11 and what is this

21:29:43 fiat500: 11 is the new 12

21:29:56 jurov: Willdude123: basically you don't have to cope with emotions and ego on wikipedia (or you can pretend not to)

21:30:03 jurov: here they'll get you

21:30:20 jurov: brutally

21:30:43 Willdude123: dub: What exactly about my behaviour leads you to believe that I am a 'retard'?

21:30:57 benkay: this guessing game among other things, will.

21:30:57 truffles: jcpham ure such a sneaky!

21:31:02 Willdude123: jurov, you really do

21:31:15 mircea_popescu: Willdude123 don't panic. being young is good enough.

21:31:15 Willdude123: You get arrogant people bullying new users.

21:31:29 jurov: Willdude123: cuz you panic everyday

21:32:19 Willdude123: Oh yeah, can someone ban me, and then unban me and ban me etc on request here?

21:32:19 truffles: <Willdude123> You get arrogant people bullying new users.>>> welcome to the internet

21:32:26 jurov: you seem to unable to just buy something and stick to it for extended perion

21:32:29 mircea_popescu: "There's good reason to believe the dividend payouts are going to be rather steady for a few more years."

21:32:34 mircea_popescu: guess who said this and about what.

21:32:45 Willdude123: TAT?

21:32:46 mircea_popescu: Willdude123 kinda hard to get banned really.

21:32:53 Willdude123: ASICM

21:33:01 truffles: internet bullys errrywhere

21:49:27 fiat500: a few more years

21:49:48 jurov: lol newbiejail.org .. similar thing for trust is to be expected soon

21:50:33 jurov: aka selling your btctalk cookie for 0.01 BTC

21:51:42 b0n1: what do you think about the legal situation of mtgox atm? How do you estimate the risk?

21:54:02 fiat500: 2.7

21:54:04 jborkl: Oh, SD is having a really bad day

21:54:19 ll: worse than yesterday?

21:54:19 furuknap: Bad doesn't even start to cover it.

21:54:35 jborkl: fuck yeah bad day

21:55:28 b0n1: fiat500, do you have to worry about account bans in the future?

21:55:58 fiat500: b0n1: what were you able to glean out of that 2.7 figure i pulled out of my ass?

21:56:07 ll: whoa -2800

21:56:26 kakobrekla: sdice brokd giving free money

21:56:30 jborkl: so , are all the AM divs in a logjam still ? or did some get through?

21:57:01 jborkl: Not TAT , since he paid his PT himself

21:57:10 fiat500: goodguyTAT

21:57:23 Scrat: kakobrekla: wat

21:57:32 ll: mine are still unconfirmed

21:58:02 ll: 0% network propagation too according to blockchain

21:58:20 fiat500: did they doublespend them all or some shit?

21:58:31 cole_albon: finally, Satoshi dice can get some press again!

21:58:31 fiat500: ;;tslb

21:58:54 BitHub: what happened to sdice?

21:59:17 jborkl: bad month

21:59:28 jborkl: last 2 days , really rough

21:59:37 BitHub: oh, any other news in the last 24hours?

21:59:52 jborkl: AM divs are stuck in a shitpile

22:00:02 jborkl: but no

22:00:08 jborkl: not much else

22:00:35 benkay: what does mean 'shitpile'?

22:00:58 BitHub: rip s.dice

22:01:16 Lizardbitcoin: hi

22:01:37 fiat500: benkay: is pile of shits

22:01:59 benkay: fiat500: as in div is shit and small?

22:02:07 jborkl: https://blockchain.info/tx/a49d03be33c6bcdfb91e2e13235551ab553c20c852dfd0f5f7d8c36f83dd8a69

22:02:14 jborkl: defenition of shitpile

22:02:22 jborkl: definition

22:03:25 benkay: is there something special about a shitpile or is this tx just taking forever to confirm for some hilaribad reason?

22:04:19 jborkl: we will see when it clears up

22:04:28 dub: got my divs fine

22:04:32 deadweasel: samtronthewardialer

22:04:33 jborkl: probably nothing special

22:04:42 deadweasel: destroyer of worlds

22:04:57 deadweasel: is what I named my first fragging quake pc

22:07:01 deadweasel: anybody ever war dial back in the day?

22:07:15 truffles: no

22:07:56 Lizardbitcoin: lol someone war dialed me once. I talked to them

22:08:21 truffles: ;;google war dial

22:08:49 Lizardbitcoin: this is like pre-internet

22:09:38 truffles: thats a looong time ago

22:09:50 deadweasel: Lizardbitcoin, what did he say?

22:10:00 deadweasel: good conversationalist>?

22:11:16 Lizardbitcoin: no .. it was like 2 minutes.. like Hi Joe (my friend whom i was expecting to call me)

22:11:33 Lizardbitcoin: then he was like I'm not joe... well who are you... don't remember too much more I was 11

22:12:44 dub: all the leet haxors war dial by hand

22:13:55 Tom_Servo: I got a few pissed off call backs when I tried war dialing as a kid. Parents had no idea what they were talking about and it turned into a bitchfest. I sat there trying to stifle my laughter.

22:16:04 Lizardbitcoin: aww man I remember logging into various bbs

22:16:32 benkay: today is internet nostalgia day on -assets.

22:16:40 dub: no

22:16:44 truffles: yes

22:16:47 benkay: scuse me, tech nostalgia.

22:16:58 aknap3: I ran a fidonet node

22:17:09 aknap3: <sniffle>

22:17:56 dub: its internet nostalgia day on #bitcoin-trollbox

22:18:36 Willdude123: Why is havelock suddenly introducing a trading fee?

22:19:23 truffles: suckers

22:19:44 benkay: another question might be why would any exchange not charge a trading fee?

22:19:49 fiat500: yeah..

22:20:49 BitHub: hey lulz

22:21:00 BitHub: butterfly labs hires a new ceo to improve their image

22:21:07 ThickAsThieves: willdude, the world is just trying to fund more ways to punish you

22:23:03 Lizardbitcoin: So do you guys thing ASICMINER-PT is overvalued?

22:23:19 ThickAsThieves: depends who you ask

22:23:29 ThickAsThieves: do you?

22:24:00 fiat500: i think its overvalued in the sense that the price is too high

22:24:13 Lizardbitcoin: Well I am not sure if my equation is missing something

22:24:17 fiat500: but undervalued because i think people are going to value it even higher before/if it crashes

22:24:26 Lizardbitcoin: i mean it's like 3k for 5 ghs right?

22:24:33 Lizardbitcoin: right now

22:24:39 dub: 5 wat?

22:24:45 fiat500: the lord works in mysterious ways

22:25:12 Lizardbitcoin: Well I read that ASICMINER is trying to get up to 230 THs right?

22:25:16 ThickAsThieves: an AM share isnt a specific amount of ghs

22:25:38 Lizardbitcoin: I understand the correlation isn't 1-1

22:25:39 ThickAsThieves: they wont put 200+TH online til more people are hashing than themselves

22:25:53 ThickAsThieves: imo

22:25:54 Lizardbitcoin: I understand that too

22:26:01 Lizardbitcoin: well that would tank the value of btc

22:27:14 jborkl: ?

22:27:28 ThickAsThieves: lol

22:27:40 ThickAsThieves: Liz, it doesnt work that way

22:27:42 Lizardbitcoin: that would put them firmly over 50% invoking the dreaded 51% fear auto sell mtgox bots

22:27:52 ThickAsThieves: well

22:28:06 ThickAsThieves: thats why they are selling hardware

22:28:25 ThickAsThieves: they can make money either way

22:28:28 Lizardbitcoin: lol someone's got to do it if BFL wont

22:28:35 ThickAsThieves: SDICE Profit This Month: -2809.39847788 BTC

22:28:37 ThickAsThieves: ouchie

22:28:52 fiat500: LOL

22:28:55 fiat500: whale is back?

22:29:00 fiat500: long live whale

22:29:02 ThickAsThieves: with a vengeance

22:29:03 Lizardbitcoin: how does a casino lose money?

22:29:12 ThickAsThieves: holes in its pockets

22:29:19 fiat500: by being provably fair

22:29:26 fiat500: its bound to happen

22:29:32 ThickAsThieves: here's how

22:29:40 dub: provablyfailed

22:29:45 ThickAsThieves: the owner takes all the income

22:29:47 jborkl: they can hash at differrnt pools. so 51 percent is a point of view in some ways

22:29:49 ThickAsThieves: and keeps betting it

22:29:49 fiat500: its got holes in its pocketses, precious

22:29:55 fiat500: ThickAsThieves: heh

22:29:59 ThickAsThieves: until he racks up the share pric

22:30:01 ThickAsThieves: e

22:30:02 ThickAsThieves: then

22:30:06 ThickAsThieves: he sells more shares

22:30:08 ThickAsThieves: like say

22:30:10 fiat500: you really think evoorhes is putting the income back into the game?

22:30:11 dub: jborkl: yeah, they could already be '51%'ing now

22:30:11 ThickAsThieves: 3 million more

22:30:14 ThickAsThieves: then

22:30:24 ThickAsThieves: he waits a while

22:30:32 ThickAsThieves: and starts betting all the income again

22:30:35 ThickAsThieves: except this time

22:30:39 ThickAsThieves: til he actually wins

22:30:48 ThickAsThieves: thus syphoning all the money out for himself

22:30:50 ThickAsThieves: bam.

22:30:50 Lizardbitcoin: that's true jbork but BTCGuild did go over a few weeks a go

22:31:04 benkay: not a bad scam, TAT.

22:31:06 dub: deepbit was over 50% for ages

22:31:17 ThickAsThieves: thats not all!

22:31:21 benkay: oh keep going please

22:31:22 benkay: i love it

22:31:27 ThickAsThieves: after he tanks the stock, from stealing all the money

22:31:31 ThickAsThieves: he uses that money

22:31:35 ThickAsThieves: to buy all the stock back

22:31:38 benkay: well of course

22:31:42 ThickAsThieves: and then sells his operation to a casino

22:31:46 ThickAsThieves: bam bam!

22:31:52 ThickAsThieves: pew pew!

22:31:56 benkay: he is after all, not your ordinary scammer.

22:32:06 Lizardbitcoin: screw writing my day trader app.. i'm going to write a freaking btc casino

22:32:16 benkay: way better idea, lizard.

22:32:26 benkay: a little a/b testing and you're in the home stretch

22:32:36 benkay: just remember to not operate out of anywhere that cares about gambling

22:33:31 bdk_kluge: You can probably safely operate on the moon until Newt Gingrich sends a fleet to colonize.

22:34:00 dub: guys kim dotcom invented 2fa https://twitter.com/KimDotcom/status/337332094562873344

22:34:06 dub: stop using it plox

22:34:24 dub: 2fa supports obesity

22:34:33 benkay: patent == invention

22:34:36 benkay: this guy

22:35:57 benkay: that said, there are a shitload of businesses that mega enables

22:35:58 bdk_kluge: Hope he doesn't sue for infringement!

22:36:11 benkay: mega+btc, I should say.

22:36:39 benkay: and it's not just mega. i'm stoked to the bone for encrypted storage and in-browser decryption providers to proliferate.

22:36:45 Lizardbitcoin: you guys hear about what happened in england?

22:36:58 dub: terrorists

22:37:13 dub: every time someoen dies on earth from now on, it was terrorists

22:37:22 mircea_popescu: totally.

22:37:27 dub: kitten stuck in tree, terrorists

22:37:44 dub: kid caught masturbating by mom, terrorist plot

22:38:02 truffles: dub stop inciting terrorism

22:38:23 dub: americans too fat, terrorists

22:39:05 Lizardbitcoin: Obama can't pass gun control... terrorists

22:39:13 Lizardbitcoin: ...

22:39:20 dub: who is obama?

22:40:01 Lizardbitcoin: I'm pretty sure he's a terrorist

22:40:10 mircea_popescu: i can't believe people still care about the fat german kid.

22:40:17 mircea_popescu: wtf, what's next, alanis morisette ?

22:40:22 benkay: nah dogs, that's just islam.

22:40:41 benkay: although i'm pleased to see london categorizing islam as terrorism.

22:41:22 aknap3: could have done the same to Christianity during the crusades

22:41:46 aknap3: how about: irrational thinking leads to lunacy?

22:42:00 Lizardbitcoin: Well it seems accurate. Political motive behind it removing our governments from his country or whatever

22:42:00 fiat500: mircea_popescu: where do you get your material from

22:42:21 benkay: tautological, aknap3

22:42:37 mircea_popescu: fiat500 what you mean ?

22:42:38 benkay: topologically identical to "idiots are idiots"

22:42:38 aknap3: benkay: was trying to be kind, screwed up

22:43:01 aknap3: more like religious nutjobs are dangerous...

22:44:56 Lizardbitcoin: https://www.youtube.com/watch?v=97XF8ucPQVY

22:45:03 fiat500: mircea_popescu: you're pretty funny

22:45:08 fiat500: is gd

22:50:52 dub: dotcom makes better music than alanis

22:53:35 truffles: <Lizardbitcoin> https://www.youtube.com/watch?v=97XF8ucPQVY some ppl need to be led

22:55:02 benkay: mircea_popescu, the german is uninteresting, it's the easily-accessible encrypted storage that's interesting.

22:55:16 mircea_popescu: not what he's delivering

22:55:36 benkay: talking about 2fa?

22:56:43 Lizardbitcoin: lol alright truffles or should I call you Loki

22:56:53 mircea_popescu: let's make sure we;re on the same page here.

22:57:17 truffles: just look at irc, lots of lost souls needing guidance..

22:57:23 mircea_popescu: some german fatass with a prior for insider trading made a pirating site and raked in big via publicity.

22:57:53 mircea_popescu: he proceeded to change his name to retard-dood, buy whatever cars etc.

22:57:59 truffles: no call me truffles

22:58:09 mircea_popescu: meanwhile his contribution to anything was nil.

22:58:24 mircea_popescu: after getting out of that mess he came out with something he claimed is encryption

22:58:31 dub: man

22:58:39 mircea_popescu: except it was so full of holes it quickly became the laughingstock of the interwebs

22:58:41 dub: mircea_popescu has sure bought the propaganda

22:58:42 mircea_popescu: we are here.

22:59:10 mircea_popescu: dub which part is problematic you say ?

22:59:33 dub: most of it

22:59:56 dub: he took some silly pictures with girls and cars

23:00:10 dub: thats about what he's dont wrong

23:00:14 dub: done*

23:00:48 Lizardbitcoin: There is a difference between leadership and being ruled. One is voluntary.. the other not so much.

23:00:48 benkay: oh it's not terribly hole-y. just, you know, written by idiots.

23:00:50 mircea_popescu: ...

23:00:57 mircea_popescu: benkay rly.

23:01:11 mircea_popescu: basically, he's a media whore. i have very little time for that.

23:01:13 benkay: someone, some day, will get it right.

23:01:23 benkay: implementation details aside guys

23:01:32 benkay: still very interested in browser decryption

23:01:39 dub: he was made into a media whore by holywood

23:01:59 dub: they decided he was an easy mark out of all the people running the same service

23:02:11 dub: and made him famous, he just happens to like it

23:03:27 mircea_popescu: i don't see ghow this disproves the "his contribution is nil" part.

23:04:01 mircea_popescu: just another hick from wherever momentarily being used for whatever "reality show".

23:04:10 benkay: but who cares about the humans

23:04:16 mircea_popescu: me.

23:04:22 truffles: lies

23:04:30 benkay: when vastly smarter people are now noodling on how to do in-browser decryption.

23:06:57 benkay: which is cool and awesome and enables all sorts of copyright-circumventing business models in conjunction with btc. arguing about the german is a little?forest for the trees.

23:07:34 benkay: who cares about this character satoshi? cryptocurrency implementations are vastly more interesting and profitable.

23:07:35 truffles: who is the german??

23:07:38 benkay: nahmean?

23:07:59 mircea_popescu: benkay that was my original point. i dunno why anyone still even mentions the dood

23:08:39 benkay: heh.

23:08:41 mircea_popescu: except it's more usagi than satoshi

23:10:05 truffles: Who is the German????

23:11:55 fiat500: kaiser hitler

23:12:15 truffles: Max kaiser?

23:12:22 truffles: he's awesome

23:12:23 fiat500: truffles: they are talking about kimdotcom

23:12:38 truffles: oh thought he was australian

23:12:42 fiat500: king of internet

23:12:44 fiat500: no

23:12:55 fiat500: woe is truffles

23:14:31 truffles: Kim Dotcom - Mr President, this is a nice attempt

23:44:40 dub: heh

23:44:51 dub: we just logged an inbound DDoS from cloudflare

23:46:05 fiat500: neat

23:46:25 fiat500: dub: ddos or people checking for their fucking AM-PT divs? :P

23:48:01 dub: looks like a web appliance trying to initiate a dns reflection

23:48:32 fiat500: urgh