Transcript for 23-05-2013, 1581 lines:
00:22:01 KRS-1: !seen bowjob
00:22:58 deadweasel: ;;seen bowjob
00:23:22 KRS-1: wheres he gone to?
00:24:44 deadweasel: same place as smickles?
00:24:57 deadweasel: bitcoin heaven?
00:24:59 deadweasel: i dunno.
00:25:00 thestringpuller: ;;seen mircea_popescu
00:25:26 thestringpuller: usagi...that nigga still owe me five dollars!!!!
00:32:59 furuknap: Someone put up a 499 sell-wall on BTCT AM at ฿2.6. Selling that off at market would bring AM down to 0.002 but still net the seller ฿2+/share >:-)
00:33:27 furuknap: Would be fun to cause some panic :-)
00:53:42 kakobrekla: 0.005 O_O
00:53:55 Namworld: yeah, I just noticed
00:54:06 Namworld: So of course I got some more out there
00:56:06 Namworld: Lately there's lots of bids on BTCTC popping up for MPEx PTs
00:56:15 Namworld: That are a lot higher than MPEx price
01:04:01 thestringpuller: kakobrekla is da coolest
01:04:14 thestringpuller: he is like the ninja finance gangsta up in here
01:04:30 kakobrekla: milk.
01:04:49 thestringpuller: I'm lactose intolerant.
01:04:56 thestringpuller: I'm sorry mr. milkman.
01:04:58 kakobrekla: awww.
01:13:00 Namworld: ninja finance gangsta? What did he accomplish to deserve such a prestigious title?
01:14:18 truffles: sit on irc ldo
01:15:48 Namworld: But I sit on IRC all day too
01:16:04 truffles: channel mod irc
01:16:20 Namworld: pff
01:16:37 truffles: thats pretty important u know
01:16:47 Namworld: Nonsense
01:17:45 truffles: his reign shall be remembered through time
01:18:37 Namworld: Oops, didn't mean to crush you
01:18:53 kakobrekla: O_o
01:19:13 Namworld: I'm after your title or something
01:19:21 Namworld: With all the honors that go with it.
01:19:49 truffles: make another channel done
01:21:03 ThickAsThieves: jot hot arb?
01:21:11 ThickAsThieves: hot hot *
01:21:29 truffles: 1480 is that a lot
01:22:59 Namworld: Not whole lots
01:33:49 benkay_: how would one arb that?
01:34:00 benkay_: buy shares on mpex, issue them as a pt on one of the other exchanges?
01:34:18 benkay_: sounds like more overhead than your typical arb action...
01:35:45 dub: iirc some dice pt's offer transfers
01:35:55 dub: in and out of mpex
01:40:39 Namworld: Yeah
01:42:49 Bugpowder: oh sweet
01:42:59 benkay_: what's that, bp?
01:43:01 Bugpowder: someone sold the S.DICE
01:44:01 Namworld: What SDICE?
01:44:06 Namworld: You're buying?
01:44:35 Namworld: You were the one with that 100k order around 0.002?
01:45:46 Bugpowder: Am I crazy?
01:45:56 Bugpowder: what am I missing here?
01:46:11 Bugpowder: should S.DICE not be a buy at .002?
01:46:46 dub: I wouldnt touch it with mircea's
01:46:53 ThickAsThieves: they aare like -2500 profit this month
01:47:05 ThickAsThieves: blocked us traffic from website
01:47:18 Bugpowder: yeah but volume is actually up since they blocked traffic
01:47:22 ThickAsThieves: and have been faltering for 3mos
01:47:23 dub: eric is still a cooze
01:47:36 ThickAsThieves: traffic is erik iO
01:47:37 furuknap: Volume doesn't gewnerate money.
01:47:39 dub: ;;ud cooze
01:47:40 ThickAsThieves: imo
01:47:51 Bugpowder: furuknap: volume generates money.
01:47:58 Bugpowder: that is the only thing that generates money
01:48:02 Bugpowder: 1.9%
01:48:12 benkay_: !ticker m ^oix
01:48:20 Bugpowder: I dunno, I tend to buy when everyone is very negative and sell when people are ecstatic
01:48:22 benkay_: wow, really?
01:48:36 ThickAsThieves: ill buy at .001
01:48:54 ThickAsThieves: ...maybe
01:49:24 Bugpowder: for example, I would sell the shit out of ASICMINER if I had any
01:49:36 benkay_: is oix working?
01:49:55 truffles: sdice confidence seems rly low
01:50:10 Namworld: I do the same, bugpowder
01:50:56 pgp: I agree, ASICMINER seems way over bought to me...
01:52:07 furuknap: Theres a 500 sell wall @฿2.6. Three thousand shares moved to BTCT recently. Auction for 2.500 more.
01:52:25 furuknap: *2,500, not 2.5 :-)
01:52:52 furuknap: Methinks that overbuying is about to be replaced by overselling.
01:54:58 furuknap: Now that 100TH has said their enroute, meaning Bitfury is also enroute, AM may get some hefty competition this summer.
01:55:22 furuknap: Frack, my spelling sucks ass tonight. I have to hit the sack.
01:56:18 dub: its neat how you know that when someones talks about timing in seasons they are talking about american seasons
01:57:08 furuknap: Realizing I'm the center of the universe, I talk about Norwegian summers because I'm in Norway. Everything else is irrelevant.
01:57:12 dub: because only americans either casually dismiss the existance of the rest of the planet or have a 5 year olds understanding of geography
01:57:34 truffles: dub not american?
01:57:35 pgp: lol
01:57:49 truffles: im shocked
01:58:28 truffles: who's gonna police the world, who's gonna step up huh huh huh
02:11:01 Diablo-D3: so what happened to the AM div?
02:12:43 Namworld: No idea
02:12:59 dub: got mine (direct)
02:18:05 ThickAsThieves: my direct divs are still unconfirmed
02:20:07 dub: oh, yeah
02:20:15 dub: didn't actually check
02:20:21 thestringpuller: is Bugpowder still here?
02:20:23 dub: fee too small eh
02:20:26 thestringpuller: Haven't seen dat nigga in awhile.
02:20:29 Bugpowder: yep
02:20:37 thestringpuller: Bugpowder the super rich.
02:20:56 thestringpuller: What's the game plan.
02:21:00 error4733: everyone is super rich here
02:21:07 error4733: we got bitcoin !
02:21:14 Bugpowder: Pacers need to stop turning the ball over
02:21:20 Bugpowder: but looking good
02:21:27 ThickAsThieves: Bug, do you happen to have any updates about best way to deal with bitcoin income and taxes?
02:21:29 truffles: oh look some1 watches sports
02:21:47 Bugpowder: yeah talked to a CPA
02:22:00 Bugpowder: hère let me find something...
02:22:04 ThickAsThieves: cool
02:22:21 Bugpowder: I need to redact some shit
02:22:55 ThickAsThieves: word
02:26:21 Bugpowder: There are no correct answers.
02:26:25 Bugpowder: First thing: if we want, we can pay an attorney for some kind of an opinion. What we are looking for is that you are is not a bitcoin dealer and not in the business of selling bitcoins (bc that triggers higher rates). It doesn’t nec mean a lot, and could help or hurt our taxes.
02:26:31 Bugpowder: He thinks that we can do capital gains/losses. He doesn’t have any other advice out of what we sent him. There is no actual correct rule.
02:26:46 Bugpowder: The thing that concerns him, is the Mt Gox account. He says on our 2013 tax return, we need to disclose on 1040B. Then file all the foreign forms,. If you have more than $10 K / 50K ever in a foreign account, you need to disclose.
02:26:51 Bugpowder: Ways to account it:
02:26:52 Bugpowder: First in first out. Another one is average cost. First in first out will probably be the easiest way to handle it.
02:26:53 Bugpowder: He says treat it like Beanie Babies or stock. (collectible or stocks.)
02:27:02 Bugpowder: Penalties:
02:27:04 Bugpowder: If you pay 110% of the taxes that you paid for the last year, you are penalty proof on the next year even if the income really goes up.
02:27:04 Bugpowder: So if we have paid in 110% of this year, then we will be penalty proof next year. So I need to pay an extra 10% this year of line 61.
02:27:05 Bugpowder: Line 61 says $xxx. We can end in an estimated payment for 1040ES.
02:32:56 ThickAsThieves: thanks bug
02:34:05 dub: wtf
02:34:24 dub: oh options
02:35:11 thestringpuller: Bugpowder what's the strategy this month?
02:35:17 thestringpuller: ALL IN ON ASICMINER!!!!!!
02:35:21 ThickAsThieves: hehe
02:35:30 Bugpowder: short asicminer
02:35:33 Bugpowder: lol
02:35:37 Bugpowder: I duuno
02:35:43 Bugpowder: I think S.DICE is a good buy right now
02:35:50 Bugpowder: I missed the AM train though
02:35:50 thestringpuller: what's mpoe at
02:35:52 Bugpowder: :(
02:35:55 thestringpuller: !last m S.MPOE
02:36:00 dub: theres a lot more retard left in AM I think
02:36:01 thestringpuller: mpoe might be a good by
02:36:04 thestringpuller: buy*
02:36:06 dub: its gonna hit 4
02:36:52 Bugpowder: there could be more retard left
02:36:54 Bugpowder: I agree
02:37:32 ThickAsThieves: yeah it might dip a little thisweek,
02:37:40 ThickAsThieves: but there's a lil more steam in AM i think
02:37:48 dub: retards panicing about unconfirmed tx
02:38:28 aknap3: it'll be fine -- just got that massive auction, and a couple of walls to wait out
02:38:38 aknap3: in the meantime, sell... to me
02:44:28 kakobrekla: 0.008 works too
02:45:01 Bugpowder: .008 oooooops
02:45:05 Bugpowder: 1 share
02:45:36 kakobrekla: proof of concept :)
03:05:37 dub: colleague made a good point earlier today, in china they train hacking openly, in the west we treat hackers like criminals
03:05:52 dub: small wonder they are ahead of the game
03:08:28 pgp: indeed
03:08:52 pgp: and we're fighting this fight with one hand tied behind our backs
03:17:13 Chaang-Noi: i dont like irc spammmerz :(
03:17:24 dub: join #bitcoin-trollbox then
03:17:41 Chaang-Noi: pm spam
03:17:58 dub: join #bitcoin-trollbox then
03:17:59 Chaang-Noi: not talking about anyone anyone said in this chan, just spammers who pm me about random shit
03:18:11 dub: join #bitcoin-trollbox then
03:18:12 Chaang-Noi: fuck i need cooffee
03:34:27 ThickAsThieves: well then! ^
03:47:42 Diablo-D3: FINALLY
03:47:43 Diablo-D3: THE AM DIV
03:47:52 ThickAsThieves: hehe
03:48:20 ThickAsThieves: mine is still unconfirmed
03:48:39 Diablo-D3: its unconfirmed here too
03:48:42 Diablo-D3: but at least now I see it
03:49:14 ThickAsThieves: oh
03:49:28 ThickAsThieves: didnt realize it was THAT bad
03:57:45 Chaang-Noi: its just insane how fast the value of AM has gone up
03:58:10 Chaang-Noi: honestly i would ave sold more lower if i had the time
03:59:04 Namworld: I need to short these AM shares
04:00:02 ThickAsThieves: no one will short them the timframe you'd need to make decent money
04:01:25 ThickAsThieves: if you wanna short them so bad, write some Calls
04:04:20 Namworld: I can't write calls without shares...
04:04:29 Namworld: and that means buying them at current prices...
04:04:50 Namworld: Kind of the opposite of what I want to achieve
04:05:31 ThickAsThieves: i realized that was probly the case after i said it
04:05:39 ThickAsThieves: what kind of short would you want
04:05:44 ThickAsThieves: minimum timeframe
04:06:36 Namworld: Something like 2-3 months
04:06:42 ThickAsThieves: everyone keep saying they wanna short it, but no one is making real offers
04:07:15 ThickAsThieves: at what strike/price?
04:07:22 ericmuyser: what you want is to buy good puts but there are none :)
04:08:09 Namworld: Depends if it's a borrowed shares to be returned later with a bonus kind of short or puts contract kind of short
04:08:21 Chaang-Noi: mp was trying to short at 1 btc lol :) sadly i dont trust him eough or i would ahve done it for the lulz
04:08:29 Namworld: Probably like 2.4 strike
04:08:32 Chaang-Noi: 2.5 is a reasonable place to short
04:09:04 ericmuyser: ^
04:09:31 ThickAsThieves: at what qty and premium?
04:10:04 Namworld: Probably like 100 @ 0.10 premium
04:10:35 ThickAsThieves: not worth tying up the shares for that
04:10:43 ThickAsThieves: could hit 3
04:11:05 ThickAsThieves: you want what no one is selling
04:11:24 Namworld: Yeah, no one is because they believe price will crash
04:11:46 ThickAsThieves: we'll see!
04:11:48 Namworld: If they think price will keep stable/keep raising, it's a good deal. 0.10 BTC per share without losing them.
04:11:53 ericmuyser: it will before the next divs
04:12:11 Namworld: Well not per share... per 2.4 BTC
04:12:22 ThickAsThieves: what if i wanted to sell at 2.8
04:12:39 Namworld: Puts are backed by BTC actually...
04:12:46 Namworld: Now that I think of it.
04:12:57 Namworld: 2.4 BTC a piece tied up, it would require
04:13:01 ThickAsThieves: you could always just make a bet
04:13:11 ThickAsThieves: and skip the complications of options
04:14:23 ThickAsThieves: like what do you think share value will be August 1st, or such
04:39:53 ThickAsThieves: friggin Jutarul posts an open sale for 2000 AM @ 2.5 (which was about .07 under market price), DT posts walls of 500 @ 2.5 & 2.6 on each exchange, and now market price will hang out under there for a good while. It's a free market n all, but their methods seem to be ill-conceived...
06:31:51 inhies: so.
07:13:33 taub: glad i'm holding pitcoins right now
07:13:48 taub: might be a wild day
08:52:04 mjr_: hi anyone
09:00:59 fiat500: heh, people are so predictable
09:02:04 inhies: wat
09:02:05 inhies: wat u kno
09:02:07 inhies: tell me
09:02:09 inhies: i want b rich
09:02:17 Diablo-D3: being rich is not everything, inhies
09:04:56 inhies: Diablo-D3: didnt say it was
09:05:01 inhies: but that doesnt mean it isnt a good goal
09:05:09 Diablo-D3: its not a useful goal.
09:05:12 Diablo-D3: its more of a side effect.
09:09:34 inhies: maybe for you
09:09:41 inhies: but it is teh only way to owning all the toys i want
09:22:09 BitHub: there's one thing in life, what is it? Moooooonnnneeeeeeeey
09:22:50 BitHub: the only thing you have to worry about
09:23:12 fiat500: the markets are crashing
09:23:37 fiat500: given previous reasoning, this must mean the fed is cracking down on international stock markets!
09:23:53 fiat500: perhaps even doing seizures in the eurozone! oh-em-gee
09:42:32 mjr_: hi mircea_popescu
09:42:37 mircea_popescu: hey
09:42:41 mjr_: whats new
09:42:49 mjr_: i caught up on some fraudsters posts
09:42:50 mjr_: very nice
09:43:24 mircea_popescu: ahah cool
09:43:40 furuknap: Morning.
09:44:40 mircea_popescu: that storm that snowed up italy past few days moved here
09:44:44 mircea_popescu: it's friggin cold
09:45:05 furuknap: So you invest in mining equipment and save a ton on electricity. Stop being so negative :-)
09:49:18 mircea_popescu: i invested in this ballerina and i'm completely exhausted
09:49:21 mircea_popescu: which makes the cold worse
10:05:51 furuknap: Pictures or it didn't happen.
10:07:26 mjr_: hey davout
10:07:37 davout: mjr_: hey
10:09:00 mjr_: i miss instawallet
10:09:18 davout: mjr_: do you?
10:09:27 mjr_: yes
10:09:30 mircea_popescu: yes, he keeps having as many coins in the morning as when he went to bed
10:09:32 mircea_popescu: so boring
10:09:36 davout: lol
10:09:39 mircea_popescu: lol
10:09:39 mjr_: hahaha
10:09:43 mjr_: i miss the service
10:09:47 mjr_: for short term walleting
10:10:00 davout: i want to relaunch it, but i have no interest in holding the coins
10:10:11 mircea_popescu: it woudln't be a bad service, if someone were to make it in ON A SANE PLATFORM
10:10:35 davout: mircea_popescu: maybe you mean a framework ?
10:10:41 mircea_popescu: w/e
10:11:00 davout: i was thinking of sthg where the private key, and address are derived from the URL
10:11:07 mircea_popescu: yes.
10:11:23 davout: the problem is that even like this you have to trust the operator to not log requests
10:11:41 mircea_popescu: why not use asymetric keys ?
10:11:41 davout: so i guess it'd have to be combined with a password
10:11:57 davout: how would that work ?
10:12:16 mircea_popescu: it would work thusly : user generates a seed. from it user calculates a private key which he keeps and a public key
10:12:21 mircea_popescu: he goes to yoursite.com/publickey
10:12:28 mircea_popescu: you show him the btc addy, he sends there.
10:12:40 mircea_popescu: the only time you need to see the privkey is when he wants the btc sent.
10:12:46 davout: that requires the extra separate step of generating the key
10:12:49 mircea_popescu: yes.
10:12:52 davout: i was thinking differently
10:12:59 mircea_popescu: but it also gives user complete immunity from anything you might misdo
10:13:07 mircea_popescu: as you never have the keys and so can safely run bitcoind
10:13:12 mircea_popescu: cause it can't send anything anyway
10:13:25 davout: that's the idea, my implementation differs though
10:13:34 mircea_popescu: and the key generator might as well be a js the user downloads and runs locally.
10:13:37 davout: in my implementation you still have a secret URL
10:13:40 mircea_popescu: what were you thinking ?
10:13:57 davout: when you visit the URL you get prompted for a password
10:14:10 davout: SHA256(URL+password) is the private key
10:14:23 mircea_popescu: sort of 1.5fa
10:14:24 davout: address gets derived from the private key
10:14:49 davout: not quite, your money *is* the password
10:15:28 davout: and we never touch it, we can't spend it, we can serve it as a static HTML page, plugs itself into blockchain.info for all bitcoin related needs
10:15:45 davout: so blockchain.info gets the server load
10:15:46 mjr_: good idea
10:15:55 davout: and we get the advertising revenue or w/e
10:16:23 davout: also since the revenue is generated in BTC we can IPO if our business model makes sense
10:16:50 mircea_popescu: i don't think that revenue would be very large.
10:17:14 davout: me neither, but you never know, especially if you plug into a SD clone
10:17:58 Scrat: davout: I'd do a cookie stored uid, then you can enter that into a POST to access your wallet if you have deleted it
10:18:11 Scrat: no accounts or passwords or anything, just a unique id
10:18:26 davout: if it's provably as secure as blockchain.info and easier to use it would get loads of traffic, just layer some easy service to buy coins on top and i think you can make decent money
10:19:00 mircea_popescu: well... untiul blockchain info decides they want most of it.
10:19:38 Scrat: until b.i blocks it via CORS rules
10:19:51 davout: mircea_popescu: well, at that point i'll make use of the blockchain.io domain i bought a while ago and have it run a patched instance of bitcoind, or bitcoin-ruby for the same purpose
10:20:28 mircea_popescu: right-o.
10:20:44 Scrat: but I guess you'll have an agreement with piuk if you do that
10:20:49 mircea_popescu: so basically a b i clone pushing a s.d clone will make a lot of moneyh
10:20:51 mircea_popescu: because bitcoin
10:21:05 davout: naaah, don't make me say what i did not say
10:21:16 mircea_popescu: just saying, this design is strategically weak
10:22:05 mircea_popescu: kakobrekla "Due to the lack of volume and the need to restructure our screen layout we have decided to remove all trading pairs that do not include BTC."
10:22:35 davout: i'm saying, if it's secure, and easy, it'll get traffic, if you have traffic you can monetize it, the best way, IMO, to monetize traffic from noobs is to sell them coins
10:22:51 mircea_popescu: o, is that last true ?
10:23:06 davout: well, we had this instawire thing going on for a while
10:23:10 mircea_popescu: til.
10:23:26 davout: where people would input a BTC address in the comments field of a bank wire
10:23:38 davout: worked awesome, and people were willing to pay a nice premium
10:23:44 davout: problem with that is VAT
10:24:13 davout: but even with VAT people were willing to pay
10:24:40 mircea_popescu: i guess you've found mtgox' business model.
10:24:43 davout: with a 10 EUR/BTC rate people were willing to pay 10 EUR + 1,96 EUR + our premium
10:24:47 mircea_popescu: except they leeched the us market, no vat
10:24:52 davout: yup
10:26:28 davout: oh, btw, for people who are vim fanboys you can now donate to moolenaar
10:38:51 dub: with buttcoin?
10:41:43 Scrat: society summed up
10:42:16 mircea_popescu: not society. i am society.
10:42:28 mircea_popescu: these are some random douches.
10:45:58 Scrat: you're a romanian gigolo
10:46:12 mircea_popescu: ha!
10:46:26 mircea_popescu: no, io
10:46:30 mircea_popescu: i'm, just a bitch trainer.
10:46:40 mircea_popescu: i set teh standards for female behaviour.
10:49:14 furuknap: The 499 sell wall on BTCT AM just moved down from ฿2.6 to ฿2.5. Someone is getting restless...
10:52:25 mircea_popescu: mebbe so
10:52:26 BitHub: yeah people getting over it
10:54:10 mircea_popescu: wonder what Chaang-Noi & the merry pumpers will be inflating next.
11:14:15 mjr_: ugh i am so sick of businesses that do things without purpose
11:14:42 mjr_: or rather, of businesses which fail to lead in a goal-oriented way
11:15:00 mjr_: which results in employees doing things that don't make sense because they have no clue what they are doing
11:20:02 KRS-1: whats up mjr *highfive*
11:21:25 KRS-1: in other words, shitty managers..
11:22:44 KRS-1: mircea popescu: what software is used to plot the graphs displayed on mpex/mpoe
11:26:17 mjr_: KRS-1: yep basically
11:26:42 mjr_: its the same thing as dictatorships vs free market
11:26:53 mjr_: they can do exactly what you tell them to do
11:27:16 mjr_: but that is a way worse system than just putting incentives in place so they do what you want, they will find the best way
11:29:04 KRS-1: if its one thing i've noticed since i've entered the job market in the late 80's til now is that management has gotten shitty..and they won't think twice about making their shit roll downhill onto the employees. i've seen good people lose their jobs over shitty managers who throw them under the bus.
11:29:16 mjr_: yeah
11:29:23 KRS-1: Or entire teams get dismissed because performance or expectations haven't been met by poor leadership.
11:29:27 mjr_: i just mean, the end goal is to produce something, to do something
11:29:44 mjr_: that is a reason why a lot of bitcoin businesses fail, is due to poor management
11:29:51 KRS-1: company restructures and puts investment into other projects so they're no longer needed..all under the umbrella of "employment at will"
11:32:37 ThickAsThieves: The Best Bitcoin Scam of 2013 https://bitcointalk.org/index.php?topic=80312.msg2244347#msg2244347
11:34:57 KRS-1: japanese economic storm brewing
11:35:05 KRS-1: bitcoin save us
12:17:41 Chaang-Noi: <mircea_popescu> wonder what Chaang-Noi & the merry pumpers will be inflating next. whatever i have a lot off and i bought it cheep
12:17:47 Chaang-Noi: right now i dont know
12:18:06 Chaang-Noi: once bfl shipps odds are cognitive
12:18:12 Chaang-Noi: other than that, not sure
12:18:15 furuknap: 100TH jumped up this week, almost 40%.
12:18:30 Chaang-Noi: im staying away from that, i dont have enough info about it
12:18:36 furuknap: Actualy, more than 40% now that I look.
12:20:06 Chaang-Noi: i wondered about it, and even wondered when it had its ipo, some money just has to be left on the table
12:20:19 furuknap: Hm... If roughly ฿45 buys at market now, asks will be at 110% of what it was just a couple of days ago.
12:20:38 furuknap: I've looked into it, an I have not found anything that looks like a scam to me.
12:20:45 Diablo-D3: ;;ticker
12:20:59 Chaang-Noi: over 125! interesting
12:21:13 ThickAsThieves: nice!
12:21:25 ThickAsThieves: TAT.AM PT will hit 2000 today
12:21:28 furuknap: We'll see in a couple of days or a week whether Bitfury delivers. If he does, I think this one may have merit.
12:21:42 Chaang-Noi: TAT listed where?
12:21:52 ThickAsThieves: everywhere
12:21:54 ThickAsThieves: hehe
12:22:04 Chaang-Noi: tat.am will be on nymex?
12:22:08 furuknap: It's all over BNBN, haven't you hear?
12:22:11 furuknap: *BNN
12:22:12 Chaang-Noi: and the nyse?
12:22:12 ThickAsThieves: BTCTC/BF/Havelock
12:22:33 Chaang-Noi: i guess the better question would be, what is tat.am
12:22:40 furuknap: Haha :-)
12:22:44 ThickAsThieves: srsly?
12:22:51 mjr_: some asicminer pass through
12:23:06 ThickAsThieves: [08:19] <@assbot> [BTCTC] [TAT.ASICMINER] 4 @ 0.024999 = 0.1 BTC [+]
12:23:10 ThickAsThieves: [08:23] <@assbot> [HAVELOCK] [ASICM] 200 @ 0.025299 = 5.0598 BTC [-]
12:23:13 Chaang-Noi: tat sorry, i fucked up and failed at reading
12:23:15 ThickAsThieves: [08:14] <+AssetBot> [TAT.ASICMINER] 1 @ 0.02511990 = 0.02511990 [+]
12:23:18 ThickAsThieves: hehe
12:23:23 Chaang-Noi: ignore everything i said
12:23:33 ThickAsThieves: no worries
12:23:36 Chaang-Noi: :)
12:23:39 fiat500: its a 100PT
12:24:36 ThickAsThieves: I have a cool idea for a bond I might do
12:24:48 ThickAsThieves: just not sure if I need to
12:25:09 furuknap: Care to elaborate?
12:25:33 furuknap: The way of the exploding dodo...
12:27:18 furuknap: 5% of current user base at Picostocks registered in past 24 hours. Wonder what they're buying...
12:27:34 Chaang-Noi: my dad says he does not like jeeps cuz they are not as safe as full sized cars, is this jeep not full sized or is he being fail? http://www.overlandparkjeepdodge.net/new/Jeep/2013-Jeep-Wrangler+Unlimited-8d1757e50a0a00de01879b94f8bbdd6d.htm
12:27:37 fiat500: 100th?
12:27:50 fiat500: Chaang-Noi: dont buy wrangler > 2003
12:27:59 Chaang-Noi: why?
12:28:01 fiat500: if you get a wrangler get the TJ
12:28:08 fiat500: new ones are unreliable as fuck
12:28:17 Chaang-Noi: oh? and what is TJ?
12:28:22 fiat500: platform
12:28:43 Chaang-Noi: i dont know what that means in relation to a car or jeep
12:29:10 ThickAsThieves: I had a Willys (new edition)
12:29:16 ThickAsThieves: with army star on it
12:29:27 ThickAsThieves: not because i am military
12:29:31 Chaang-Noi: iwant one, but i eed a family car too so i thought this one is better
12:29:32 furuknap: My wife wants me to buy a wrangler for her and I'm leaning towards it.
12:29:44 Chaang-Noi: are they small at all?
12:29:46 fiat500: Chaang-Noi: its jeep specific
12:29:48 ThickAsThieves: just cuz it had way more features and was less expensive than the X
12:29:55 Chaang-Noi: i know the back seat is a bit small, but my son is 6
12:29:58 fiat500: TJ was the platform built between 1996 and 2006 i believe
12:30:12 Chaang-Noi: oh, im not buying a used one anyway
12:30:14 fiat500: if you want a new car, dont buy jeep
12:30:44 Chaang-Noi: what is a better option? also it must be sold in btc, like this jeep i linked
12:30:50 fiat500: lmfao
12:31:13 fiat500: $43k is way too much for a jeep
12:31:25 fiat500: get yourself an audi or a new cadillac
12:31:27 Diablo-D3: jeeps dont have a wide enough wheel base imo
12:31:33 Diablo-D3: fiat500: fuck the new cadillac
12:31:36 Diablo-D3: old or bust
12:31:40 fiat500: the ATS is hot
12:32:09 Chaang-Noi: i dont know where to buy audi or catalic with btc
12:32:15 deadweasel: Diablo-D3: jeeps have a square wheel base, which I love. no fish tailing.
12:32:22 fiat500: Chaang-Noi: dont just buy anything u can find for btc lol
12:32:28 Diablo-D3: deadweasel: yeah but it could be wider.
12:32:53 deadweasel: that's a niche for hummers
12:33:13 Chaang-Noi: i am open to hummers but they are not sold for btc, and i dont even think they make them anymore
12:33:30 Diablo-D3: they dont make original H1s anymore
12:33:33 Diablo-D3: the new ones are fucking shit
12:34:23 fiat500: Chaang-Noi: i just sold my $60k car and planning on buying a $3k jeep from 2000/2001
12:34:48 Chaang-Noi: h1 is the only one im intersted in
12:34:48 fiat500: in terms of investments, cars are fucking terrible
12:34:59 fiat500: i lost $30k in depreciation alone
12:35:02 Chaang-Noi: im not looking for an investment, im looking to buy soething with btc
12:35:12 Chaang-Noi: also jeeps look fun
12:35:22 fiat500: get an older jeep if u want fun
12:36:01 Chaang-Noi: i do not see how an old jeep will be more fin thana new jeep
12:36:08 Chaang-Noi: fun*
12:36:30 fiat500: well, you will spend more on the new one, and the engine will fail promptly
12:36:44 fiat500: if thats your idea of fun, go for it
12:36:57 Diablo-D3: man
12:36:59 Diablo-D3: if I buy a car
12:37:01 Diablo-D3: its going to be a model s
12:37:05 fiat500: lol
12:37:10 Diablo-D3: fuck gas, fuck diesel, fuck your out of date notions
12:37:18 Diablo-D3: I want a car that will be legal to drive in 10 years
12:37:25 Chaang-Noi: the engine will fail promptly like first day?
12:39:07 fiat500: plus tons of anecdotal evidence from people driving out of the dealership only to have the CEL show up
12:39:29 Chaang-Noi: CEL?
12:39:36 fiat500: check engine light
12:39:41 Chaang-Noi: i srr
12:39:43 Chaang-Noi: see
12:40:03 fiat500: the new ones are simply worse than the old ones, which is very sad
12:40:20 fiat500: lots of new technology in the new models, but terrible quality control
12:40:58 Chaang-Noi: hmmm
12:41:01 Chaang-Noi: this does not look good
12:41:13 Chaang-Noi: i was honestly about to pull the trigger
12:42:21 Diablo-D3: well
12:42:23 Diablo-D3: they're not american
12:42:24 Diablo-D3: thats why
12:42:35 Chaang-Noi: well fuck....
12:42:37 Diablo-D3: the only cars worth driving are made in america or cost in excess of $100k.
12:42:54 Chaang-Noi: i dont even know anymore
12:42:58 fiat500: Chaang-Noi: i spent a good 2 months researching this
12:43:01 deadweasel: Chaang-Noi: get a Hilux
12:43:09 fiat500: because i really want an offroader now, tired of sports cars
12:43:14 Chaang-Noi: i have a hilux
12:43:19 fiat500: hilux is a beast
12:43:28 deadweasel: then you're all set ;)
12:43:34 Chaang-Noi: its in thailand
12:43:39 Chaang-Noi: i need something for when i visit usa
12:43:40 fiat500: Chaang-Noi: why not raptor
12:43:40 deadweasel: lol
12:44:44 Chaang-Noi: fiat500 i dont know about this, but i will look into cuz in texas they sell fords for btc
12:44:54 fiat500: ah, nice
12:45:17 Chaang-Noi: its an off road truck?
12:45:35 fiat500: raptor? LOL
12:45:44 fiat500: its /the/ offroad truck
12:45:55 Chaang-Noi: better than a jeep?
12:45:59 Chaang-Noi: im not a truck guy...
12:46:12 Chaang-Noi: or even a car guy,
12:46:14 fiat500: honestly i wouldnt think twice if i wasnt moving to the city
12:46:24 fiat500: hard to park that thing
12:46:53 Chaang-Noi: my hilux is the full bed and 4 door, its fucking massively long
12:47:03 fiat500: around the same price as the jeep you were considering
12:47:05 Chaang-Noi: im already at that site:)
12:48:41 Chaang-Noi: hmm well this is an option worth looking intp
12:49:21 fiat500: im done buying new cars for the time being, so much heartache when it gets scratched/dinged
12:49:38 fiat500: heartache and wallet-ache
12:50:37 Chaang-Noi: i will drive this about 2 months every 2 years
12:50:43 Chaang-Noi: i dont really care
12:51:36 Chaang-Noi: they do not seem to have the raptor in stock
12:51:41 Chaang-Noi: is it a special order type thing?
12:53:18 Chaang-Noi: fiat500 ^
13:02:30 ThickAsThieves: bill maher mentioned bitcoin recently
13:02:35 ThickAsThieves: in passing, on his show
13:02:46 Chaang-Noi: everyone is taling about it
13:02:50 Chaang-Noi: insane
13:04:00 Chaang-Noi: that was true well over a year ago
13:04:51 ThickAsThieves: first comment on that article: "Please stop! bitcoin is a scam and more worthless than gambling on the price of tulip bulbs. The future is energy backed currency."
13:05:06 Chaang-Noi: lol
13:05:25 ThickAsThieves: all the comments hate it
13:05:26 ThickAsThieves: hehe
13:05:38 Chaang-Noi: haters gona hate
13:06:13 ThickAsThieves: "What an utter waste of electricity... for what? To generate 21 million pseudo-random numbers that only people believe in religiously who are looking for the Jesus of currencies."
14:05:48 truffles: <ThickAsThieves> "What an utter waste of electricity... for what? To generate 21 million pseudo-random numbers that only people believe in religiously who are looking for the Jesus of currencies.">>> sounds about right
14:06:06 Diablo-D3: so, uh
14:06:13 Diablo-D3: wouldnt that make bitcoin the theorized jewmoney?
14:06:28 truffles: ?
14:09:01 fiat500: who dumped
14:09:03 fiat500: >_>
14:09:14 BitHub: shh
14:09:23 BitHub: omg AM tanking baaaaaaaail
14:09:47 ThickAsThieves: `:)
14:10:19 Chaaang-Noi: lol
14:10:41 fiat500: LOL
14:10:47 ThickAsThieves: this is what happens when people are bad at selling
14:11:48 fiat500: all my shit is in the red
14:13:07 Chaaang-Noi: there is a giant wall
14:13:20 fiat500: great wall of thailand
14:13:31 Chaaang-Noi: but im happy, i sold all i wanted to sell for a while around 2.6 to 2.75
14:13:48 Chaaang-Noi: that wall be in organ
14:13:53 furuknap: Selling down 40 shares coesn't really require extensive skill... What is sad, though, is that someone bought TAT.AM on BTCT for the equivalent of ฿3.33.
14:14:09 Chaaang-Noi: :)
14:14:16 fiat500: 0.035?
14:14:21 fiat500: seriously?
14:14:23 ThickAsThieves: furuknap
14:14:28 ThickAsThieves: its not selling 40 shares
14:14:30 furuknap: Yes, dear?
14:14:31 ThickAsThieves: that i'm talking about
14:14:39 ThickAsThieves: its jutarul and DT
14:15:06 fiat500: furuknap: huh, you're right
14:15:06 Chaaang-Noi: jutarul has 10,000 shares or so
14:15:11 fiat500: small quantities tho
14:15:14 ThickAsThieves: somehow they think that posting 500-share walls will get them the price they want
14:15:36 furuknap: You mean the 500 wall that has been going down from 2.6 to 2.45 over the previous 12 hours?
14:15:41 ThickAsThieves: yep
14:15:47 ThickAsThieves: chasing the dream
14:16:04 Chaaang-Noi: if he puts it near 2 it will be mine :)
14:16:05 fiat500: lol
14:16:22 Chaaang-Noi: but really giant walls just scare people, its a retarded move
14:16:28 Chaaang-Noi: he fails at selling
14:16:32 furuknap: Not unless scaring people is what you want.
14:16:33 ThickAsThieves: Dt was selling his privately at 2.5
14:16:38 ThickAsThieves: and I was gobbling them up
14:16:46 ThickAsThieves: but then he posted these walls
14:16:55 ThickAsThieves: and asked me for 2.425
14:16:59 Chaaang-Noi: dt wants out of the game
14:17:03 Chaaang-Noi: i dont blame him
14:17:16 Chaaang-Noi: but im just going to wait until its done before i try to move the price/sell again
14:17:24 fiat500: he offered them for 2.4
14:17:31 fiat500: i said id give him 1.9
14:17:35 fiat500: havent heard from him since
14:17:36 fiat500: :P
14:17:42 furuknap: Last night, that 500 wall could have been sold for just over ฿1100 and would have brought the price down to 0.002, which would almost have been worth it just to watch the panic :-)
14:17:51 BitHub: so the BF AM PT is cloing down?
14:17:53 fiat500: LOL
14:18:00 ThickAsThieves: no BitHub
14:18:07 ThickAsThieves: DT is closing out an older fund
14:18:13 ThickAsThieves: that owned a lot of AM shares
14:18:42 ThickAsThieves: i'm glad he tried to raise the price
14:18:47 ThickAsThieves: (DT)
14:18:55 ThickAsThieves: it allowed me to buy cheaper elsewhere
14:19:16 ThickAsThieves: if DT and Jutarul want fair value
14:19:21 ThickAsThieves: they can always pm me
14:19:42 Chaaang-Noi: i bought from jurarula at like .5 :)
14:19:56 furuknap: Yeah, but dump 100 shares on BTCT now, and AM trades at 2.1. Another 100 and we're down to 1.85. Buy the same and we're up to 2.45, still lower than this morning.
14:20:01 Chaaang-Noi: i had sold a bunch at .4 and realized i fucked up
14:20:22 Chaaang-Noi: i was dumping last night, about 200 shares before the ddos, was fine then,
14:20:42 furuknap: Before or after dividends? ;-)
14:20:59 Chaaang-Noi: after it was anounced,but before paid on btct
14:21:13 Chaaang-Noi: who cars about the .02 if i can sell at 2.7 :)
14:21:25 Chaaang-Noi: and do so with volume :)
14:21:27 furuknap: I mean, most of the people that have been rushing the AM price these last couple of weeks have no idea how to value anything. They'll see a 43% drop in dividends and freak out, realizing the beanstalk doesn't grow into the heavens.
14:21:48 Chaaang-Noi: next week dividends will be good
14:21:58 Chaaang-Noi: ill sell into that pump :)
14:21:59 furuknap: Tell that to the noobs :-)
14:22:16 Chaaang-Noi: no no, ill buy now if it goes to slow, and sell again when they all rush back to buy
14:22:20 furuknap: They'll still wait, like they waited until the 50% dividend happened.
14:22:22 Chaaang-Noi: this game is easy as fuck
14:23:01 BitHub: lul
14:23:20 Chaaang-Noi: fiat500 talked me out of buying this with btc, now i dont know what the fuck to buy :( http://www.overlandparkjeepdodge.net/new/Jeep/2013-Jeep-Wrangler+Unlimited-8d1757e50a0a00de01879b94f8bbdd6d.htm
14:23:25 fiat500: lol
14:23:28 fiat500: sorry Chaaang-Noi
14:23:51 furuknap: Then, when someone starts telling them that next week's huge dividend is the result of one full month of pushing USB miners and that dividends will go down again in two weeks, they'll still wait.
14:24:13 Chaaang-Noi: free market for the win
14:24:17 furuknap: Indeed.
14:24:35 Chaaang-Noi: why waste enery protecting idots...
14:25:28 furuknap: Because long-term, people need reliable markets and to not burn themselves on bubbles. In the long term, that helps me. I'm selfish that way.
14:26:13 Chaaang-Noi: always be floods of new retards
14:26:23 Chaaang-Noi: i dont think AM will go under 2 for a long ass time anyway
14:26:26 fiat500: i bought 10btc via coinbase, went surprisingly well
14:26:36 Chaaang-Noi: good
14:26:47 furuknap: We're 200 shares away from that, Chaang. We're 600 shares away from 2.5.
14:27:22 fiat500: furuknap: 200 shares from what?
14:27:23 Chaaang-Noi: bids are always low
14:27:33 Chaaang-Noi: people dont bid,m tehy just buy
14:27:36 furuknap: Fiat: From falling below ฿2 again.
14:27:38 fiat500: 2.0?
14:27:40 ThickAsThieves: this is just the market trying to figure out what to do about lower divs and a big fucking walls
14:27:53 ThickAsThieves: also some people cashing out cuz:
14:27:54 ThickAsThieves: ;;ticker
14:28:00 fiat500: bidside is incredibly thin
14:28:05 ThickAsThieves: always is
14:28:28 cole_albon: if someone were to execute an in the money call on mpex exchange. what happens next? how do dollars get into mpex to make the buy? I know it's a dumb question, and probably offensively dumb, but I can't find instructions anywhere for this
14:28:30 ThickAsThieves: because it's been overbought
14:28:32 Chaaang-Noi: i ahve been slowly cashing out, and glad i was able to get rid of as many as i did at the price i did, i really like AM but i wanted to take some profit
14:28:36 Chaaang-Noi: i still hold a large amount
14:28:41 furuknap: Sure, but there has also been 3000 shares moved to BTCT recently. No idea what other markets get, but that's a lot of selling power, and I can't imagine any other reason why people would move shares into a PT if not because they want to sell.
14:28:45 Chaaang-Noi: but if it was at 2.75 id still be selling
14:29:03 ThickAsThieves: I have a bunch too
14:29:05 BitHub: yeah 2.4-3 is good profit taking
14:29:08 Chaaang-Noi: about 1/4 of the coins was mine
14:29:10 BitHub: 2.7*
14:29:21 Chaaang-Noi: i moved just under 800
14:29:32 Chaaang-Noi: but now i have no shares on the PT
14:29:45 Chaaang-Noi: only cog
14:30:00 furuknap: COG.F sold out last night, btw.
14:30:07 fiat500: furuknap: yay
14:30:17 Chaaang-Noi: i bought the last 14
14:30:20 fiat500: that kid better do something with my money
14:30:31 furuknap: Get in line, I was there first :-)
14:30:32 Chaaang-Noi: then told him on skype
14:30:34 fiat500: haha
14:30:46 fiat500: Chaaang-Noi: is he going to buy anything or what
14:30:53 Chaaang-Noi: yeah
14:30:58 Chaaang-Noi: they are buying all sorts of shit
14:30:58 furuknap: Yeah, in two weeks.
14:31:04 Chaaang-Noi: he is pissed AM is better than his
14:31:08 fiat500: in 2 weeks they will /order/
14:31:14 fiat500: lol.
14:31:14 Chaaang-Noi: he wants to have the best mining operation :) i like the guy a lot
14:31:47 fiat500: Chaaang-Noi: i have more than half as many GH/s on order than all of cognitive
14:32:08 fiat500: he needs to step up his game a bit :P
14:32:09 Chaaang-Noi: on order, hahaha
14:32:16 Chaaang-Noi: also cog has orders as well:)
14:32:26 fiat500: Chaaang-Noi: at this point, they only have orders
14:32:39 fiat500: so the comparison is valid
14:32:39 furuknap: Saw this on reddit earlier today: http://www.reddit.com/r/Bitcoin/comments/1ew9mt/is_100th_next_asicminer_jumps_40_in_a_week_up_500/ <- May explain all the new accounts on Pico...
14:33:43 Chaaang-Noi: may explain? its sure what it is
14:35:21 fiat500: chips not tested yet
14:35:29 furuknap: Wafer not done yet.
14:35:41 Chaaang-Noi: im not buying in
14:35:42 fiat500: they havent even produced a working chip, and price is already up to 0.25?
14:36:24 kakobrekla: packaging start tomorro.
14:36:51 furuknap: Well, the price, if they do get a working chip (and bitfury sounds confident) then the entire upside of fulfilling that promise is yet to be realized, like I wrote in that reddit-comment.
14:37:13 jborkl: Unofficial BFL News @BFL_News 2h
14:37:13 jborkl: We are expecting several thousand chips next week from our new packaging facility and expect to start shipping all product lines next week.
14:37:38 ThickAsThieves: mmhmmmm
14:37:43 Chaaang-Noi: saw that yesterday, thought it was bs
14:37:53 furuknap: Next week (tm)
14:37:57 Chaaang-Noi: but sold the rest of my AM i had on the exchanges anyway
14:38:10 furuknap: Trying to get both Two weeks and Next week as trademarks.
14:38:24 jborkl: I , personally , expect this to be accurate
14:38:52 jborkl: Jala are working flawless
14:39:10 furuknap: I, personally, have heard this before. Yeah, _this_ time it may be right, but so could all the other times have been.
14:39:13 BitHub: oh gawd AM is tanking, help
14:39:13 aknap3: so from chips in the door to finished miners out the door in a matter of days...
14:39:23 DeaDTerra: People please learn
14:39:25 fiat500: lol BitHub
14:39:34 BitHub: its 266 all over again
14:39:43 DeaDTerra: Either you invest! in which case the price of the market doesn't matter as you believe in the underlieing company and that it will suceed.
14:39:58 DeaDTerra: Or you are speculating, in which case you have no ground to be bitching as it is the same as gambling.
14:40:08 DeaDTerra: So either sit in the boat and wait for long term. Or stop bitching
14:40:28 BitHub: help its tanking
14:40:32 fiat500: hahahaha
14:40:37 ThickAsThieves: halp! halp!
14:40:43 BitHub: !!!!
14:40:51 furuknap: DT: I agree, but the difference is that I invest, expecting a certain return over a certain period. When the profit I can make from selling far exceeds the profit I can make from investing, then selling just makes sense.
14:41:06 DeaDTerra: Of course!
14:41:10 DeaDTerra: There is such a thing as overpriced
14:41:30 fiat500: what
14:41:50 DeaDTerra: I am just a bit annoyed that people hype thing up
14:41:56 DeaDTerra: and then bitch when teh bubble bursts
14:42:01 fiat500: ^ how did that happen
14:42:24 fiat500: oh, option?
14:42:26 BitHub: ;;later tell fontas - emergency conference meeting 10mins
14:43:24 DeaDTerra: I loaded off 2.6k on the market within 2 days I guess that it couldn't handle it and started to give away. I always posted asks so I did not stand for the selling into bids, that was the people who lost faith and paniced.
14:44:02 fiat500: furuknap: ok phew :P
14:44:07 furuknap: The good news is that this may bring the price to a more reasonable level, panic and burns aside.
14:45:57 furuknap: DT, is that 500 wall yours?
14:46:15 DeaDTerra: Yes
14:46:35 DeaDTerra: You are more then welcomed to buy into it
14:46:38 ThickAsThieves: could you move down to 2.4 plz?
14:46:43 furuknap: Yesterday, I would _almost_ have covered your losses, just to see you sell it into the market and watch the panic :-)
14:47:05 ericmuyser: DeaDTerra: if you sell into the bids as it's rising, that keeps it down, fyi. if it's already too late and it's skyrocketed, then i understand eating into bids would cause panic
14:47:42 ericmuyser: either way i think it's definitely a good idea for you big guys to sell when it starts going parabolically stupid
14:48:16 BitHub: just dump 500 shares right now into the bids to bring back some sanity
14:48:32 furuknap: [16:47] <ericmuyser> ... it's definitely a good idea for you big guys to sell when it starts going stupid < FTFY
14:48:55 ericmuyser: agree
14:49:03 jurov: cole_albon: all options are settled in BTC, so no dollars on MPEx
14:49:39 qxzn: argh. why can't people code?
14:50:07 ericmuyser: qxzn: <html><html>
14:50:10 ericmuyser: ok im done
14:50:24 qxzn: mtgox websocket api sends quote updates that are impossible
14:50:34 cole_albon: jurov: thank you - so sounds like I can type the execute command and be done with it?
14:50:35 qxzn: ericmuyser: exactly
14:50:36 kakobrekla: that tag is not properly closed ericmuyser
14:50:59 ericmuyser: darn.
14:51:06 jurov: cole_albon yes, you'll receive equivalend BTC value to your acct immediately
14:53:39 ericmuyser: i got in before dividends, 0.02! great success!! wait.. wahts this.. i lost 0.2.. so i broke even. oh well
14:54:19 qxzn: what's wrong with this picture?
14:54:20 qxzn: Quantity=0.515988950 DeltaQuantity=0.515988950 Time=2013-05-23 09:40:08.870589-04:00
14:54:24 qxzn: Quantity=0.494406280 DeltaQuantity=-0.021582670 Time=2013-05-23 09:40:14.354592-04:00
14:54:24 furuknap: Speaking of skyrocketing, 100TH is 16 BTC from having lowest ask at .29.
14:54:26 qxzn: Quantity=0.294406280 DeltaQuantity=-0.200000000 Time=2013-05-23 09:40:17.650628-04:00
14:54:29 qxzn: Quantity=0.000000000 DeltaQuantity=-0.494406280 Time=2013-05-23 09:40:17.698781-04:00
14:55:53 furuknap: After that, it's ฿60 away from 0.375.
14:56:34 truffles: ;;ticker
14:59:42 furuknap: *crickets* Everyone running over to Pico?
15:00:33 BitHub: yep
15:00:57 ThickAsThieves: but 100TH is a fixed bond right?
15:01:02 fiat500: the ask side on 100th is ridiculous
15:01:04 ThickAsThieves: like it never gets more hashes?
15:01:13 fiat500: absolute zero faith in the company
15:01:39 furuknap: So far, yes. But wasn't AM also that in the early beginning before the IPO? Chaang?
15:01:55 fiat500: furuknap: 100th is 3 months post-IPO
15:02:28 furuknap: And they're also one share short of 600% up from IPO.
15:10:09 furuknap: Besides, I doubt investors would be seriously pissed off if they changed the model to align more with AM model.
15:10:29 ThickAsThieves: why would they choose to lose money
15:10:46 ThickAsThieves: youre gonna be stuck with your fixed hasrate
15:11:00 ThickAsThieves: while AM shares represent a % of the network instead
15:11:04 Bugpowder: fixed hash rate bonds are a guarnteed loss
15:11:06 furuknap: That depends. If they hold shares in the company, the rise in share prices would be profitable and they wouldn't have to worry about floating a new asset.
15:11:07 Bugpowder: for owners
15:11:51 ThickAsThieves: do these shares give you any % of hardware sales?
15:12:39 furuknap: No, but that's the change that might be useful. If they intend to float a new hardware asset, that would require a lot of overhead and time to build confidence, which isn't easy for hardware startups.
15:12:56 ThickAsThieves: lol
15:12:58 ThickAsThieves: keep dreaming
15:13:21 furuknap: See how much trouble the swedes have.
15:13:44 ThickAsThieves: ?
15:14:48 furuknap: KXsomethingMiner. They're the first company to talk about a 28nm chip and they're working with a highly reputable chip company to achieve that.
15:15:09 furuknap: Even then, people scream SCAM with their outdoors cvoice.
15:15:49 Diablo-D3: who?
15:15:53 Diablo-D3: what company I mean
15:15:55 furuknap: I live in Scandinavia, I know the culture, and running a scam like that wouldn't be even close to feasible.
15:16:23 ThickAsThieves: this is bitcoin
15:16:27 ThickAsThieves: scams are the way
15:16:32 ThickAsThieves: plus
15:16:39 ThickAsThieves: no one said 100TH was a scam
15:16:44 ThickAsThieves: just a bad investment
15:16:53 ThickAsThieves: long-term at least
15:16:58 furuknap: So is AM.
15:17:03 ThickAsThieves: feel free to ride the hype machine
15:17:07 ThickAsThieves: and sell at top
15:17:08 Bugpowder: every bitcoin investment and exchange is a SCAM at some point.
15:17:26 furuknap: 'The other' ASIC hardware company. Popped up a few weeks ago. KXCminer or something along those lines.
15:17:33 Bugpowder: They don't all start that way, but they all end that way.
15:17:34 Bugpowder: truth
15:17:36 furuknap: KncMiner.
15:20:06 ThickAsThieves: I think that friedcat's long term actions have earned him a bit more respect and trust than your average mining asset
15:20:19 ThickAsThieves: AM has demonstrated repeatedly
15:20:37 furuknap: Sure, and that demonstration is already priced into the share.
15:20:46 ThickAsThieves: ok
15:20:54 ThickAsThieves: so sit back and collect divs?
15:21:05 ThickAsThieves: and maybe even watch AM grow further
15:21:27 furuknap: AM cannot grow much further in terms of revenue and dividends at these price points do not add up when you take halving effect into account.
15:21:48 ThickAsThieves: lol
15:21:56 ThickAsThieves: there you go with 3-year factors
15:22:07 ThickAsThieves: also
15:22:14 ThickAsThieves: AM can sell a LOT more hardware
15:22:17 furuknap: Of course, because the halving effect every week takes away 0.05 of dividends at ฿2.
15:22:53 furuknap: They'd need to sell 300 blades and 10K USB miners _every month for three years_ to make up what people think they're getting with that ludicrous 50% yield idea.
15:23:52 ThickAsThieves: what do you think the avg div will be
15:23:53 furuknap: Even at half that, and let's guess that every competitor fails for the next three years, in three years, AM revenue must go down because hw sales won't be as profitable and block reward goes down.
15:23:58 ThickAsThieves: thru April 2014
15:24:16 furuknap: Hang on, firing up VM with model.
15:24:26 ThickAsThieves: no one is going to let 3 years from now factor into current price
15:24:33 ThickAsThieves: its just not on the radar
15:24:39 ThickAsThieves: for anyone except maybe AM themselves
15:24:42 furuknap: No, but that's because the herd doesn't realize it.
15:25:09 ThickAsThieves: most people in bitcoin now, will have cashed out entirely in 3 years
15:25:16 ThickAsThieves: all speculators
15:25:17 furuknap: If you buy and hold now, in three years, your share value drops to 50%, costing you ฿1.25 if you buy at ฿2.5.
15:25:50 furuknap: We should do a public debate on this. :-D
15:25:56 ThickAsThieves: we are
15:26:06 furuknap: C'mon, you know what I'm talking about.
15:26:14 ThickAsThieves: hehe
15:26:24 ThickAsThieves: i'm okay with revealing
15:26:31 furuknap: Whoops.
15:26:57 furuknap: Someone must have been listening in.
15:27:05 ThickAsThieves: lol
15:29:49 ThickAsThieves: come to papa
15:33:09 furuknap: Ouch...
15:33:33 error4733: ;;bids 0
15:34:24 ThickAsThieves: aww they stopped right at my bid
15:34:26 ThickAsThieves: how cruel
15:35:29 Diablo-D3: lol
15:36:00 ThickAsThieves: there it is!
15:36:16 furuknap: Wait for it...
15:36:30 Anduck: asicminer soon ITS REAL VALUE that is about 1 btc
15:37:31 Chaaang-Noi: lol
15:37:34 Chaaang-Noi: 1?
15:37:37 WILLdude: Hi
15:37:50 PsychoticBoy: bought at 0.085 long time ago :D
15:38:09 Chaaang-Noi: nice
15:38:15 Chaaang-Noi: i got a few under .1 not many
15:38:39 PsychoticBoy: a few hundred :D
15:38:55 Chaaang-Noi: not bad
15:39:04 PsychoticBoy: thanks to zefir, back then
15:40:05 PsychoticBoy: If asicminer hits 3 btc (if ever) ill sell them all
15:40:11 Chaaang-Noi: he has pills still
15:40:16 furuknap: Haha :-)
15:40:29 furuknap: Or he's stopped taking them.
15:40:42 Chaaang-Noi: fucking typo
15:40:51 Chaaang-Noi: piles
15:40:55 Chaaang-Noi: he has a lot of stock
15:40:59 Chaaang-Noi: he be a rich mofo
15:41:30 furuknap: But your misspelling was epic. One for bash.org.
15:42:06 Chaaang-Noi: i need either more sleep or much much more caffeen
15:42:20 PsychoticBoy: take some coffe goat ;)
15:42:24 PsychoticBoy: coffee
15:44:13 furuknap: And there 100TH reahed 0.29.
15:48:23 furuknap: ;;ticker
15:48:28 furuknap: :-)
15:50:14 ThickAsThieves: nice
15:50:15 furuknap: Huh?
15:50:23 ThickAsThieves: lol
15:50:28 furuknap: Impressive.
15:50:36 ThickAsThieves: !
15:50:41 furuknap: Geez!
15:50:49 furuknap: Guess DT is a happy camper now.
15:50:53 ThickAsThieves: holy shitnuggets
15:51:00 ThickAsThieves: yep
15:51:07 furuknap: SAelkl 100TH, BUY AM;!!!
15:51:07 Namworld: Dayum
15:51:08 ThickAsThieves: worked out great for both of us
15:51:12 ThickAsThieves: i must thank him
15:51:16 ThickAsThieves: he pushed price down
15:51:19 ThickAsThieves: i bought a ton
15:51:26 ThickAsThieves: then someone rallied and bought him out
15:51:30 ThickAsThieves: very nice
15:52:24 BTCOxygen: burnside: ping
15:52:34 ericmuyser: good time to sell then lol, ThickAsThieves
15:52:35 BTCOxygen: burnside: PM me when you get some time.
15:53:06 ericmuyser: instant profit for the next dump: there will be more to come!
15:53:29 ThickAsThieves: not yet eric,
15:53:41 ThickAsThieves: there is still 2000 for sale on forums at 2.5
15:53:45 BTC0xygen: Hello.
15:54:01 BTC0xygen: Thick, ASICMINER shares ?
15:54:05 ThickAsThieves: yes
15:54:32 BTC0xygen: Thick, Your PT is cheaper. :P
15:54:43 BTCOxygen: <@assbot> [BTCTC] [TAT.ASICMINER] 2 @ 0.02369 = 0.0474 BTC [+]
15:55:15 ericmuyser: ThickAsThieves: so? cheaper to pick up the PT and request a transfer if you want direct?
15:55:32 BTC0xygen: Thick does not do transfer.
15:55:51 ThickAsThieves: no xfers
15:56:13 ThickAsThieves: Friedcat has enough work to do without a million requests from me
15:56:32 Diablo-D3: yeah really
15:56:46 ericmuyser: sorry which 2000? where
15:56:48 BTC0xygen: Think, IIRC there is 2 ASICminer passthroughs, One does not take a management fee, And your do.
15:56:54 ericmuyser: thought you meant non TAT
15:57:05 BTC0xygen: May I ask why are you charging 5% to manage the shares ?
15:57:14 ThickAsThieves: because i dont work for free
15:57:29 Diablo-D3: three
15:57:31 Diablo-D3: theres three
15:57:31 Namworld: Because passthrough managers typically charge a fee
15:57:40 ericmuyser: the other PT is operated by the BTC TC owner, so he has good reason not to charge if people are trading on his site and he's getting fees
15:57:45 Diablo-D3: two straight throughs, and then tat
15:57:46 BTC0xygen: Namworld, ASICMINER-PT is free.
15:57:57 ericmuyser: BTC0xygen: operated by the site owner
15:57:59 BTC0xygen: And the bitfunder PT.
15:58:01 Namworld: Yes, what ericmuyser said
15:58:08 Namworld: Owner gets trading fees
15:58:36 Namworld: So it's at his advantage to encourage people to get his PT shares instead of the others by charging no fees on dividends
15:58:46 BTC0xygen: Bitfunder ASICMINER-PT is not owned by the site owner. and does not charge a fee.
15:59:09 ThickAsThieves: yes but he has some sort of arrangement with the owner
15:59:12 ThickAsThieves: that is unknown
15:59:26 ThickAsThieves: nothing is free
15:59:26 BTC0xygen: hmm
15:59:39 BTC0xygen: Air is free. :P
15:59:40 ericmuyser: BTC0xygen: I dont get it you want people to WORK for FREE? doesn't that scare you?
15:59:59 ThickAsThieves: ^^^^^^^
16:00:06 BTC0xygen: Think should be working to get the free blade. :P
16:00:14 ThickAsThieves: what free blade
16:00:15 BTC0xygen: Thick*
16:00:23 ThickAsThieves: they dont exist
16:00:32 ThickAsThieves: that blade is more likely to cost me money
16:00:35 ThickAsThieves: than be a benefit
16:00:46 ThickAsThieves: because if i dont get a board seat before he send them
16:00:49 ThickAsThieves: i have to buy one
16:00:51 ThickAsThieves: to compete
16:01:09 BTC0xygen: If your PT owns more than 5k shares you become a board member and get a free blade.
16:02:16 error4733: he can choose the color ?
16:02:31 BTC0xygen: TAT, How many shares does your PT own?
16:02:39 BTCOxygen: error4733: What color?
16:02:49 error4733: my bad
16:02:59 BTCOxygen: :P
16:03:01 ThickAsThieves: almost 2000
16:03:02 error4733: confuse with the usb miner
16:03:02 ericmuyser: 5% on divs is such an insignificant amount *per person* it's laughable. it's kickstarter
16:03:19 ThickAsThieves: correct, eric
16:03:20 BTCOxygen: lol
16:03:39 ThickAsThieves: give a few minutes to show a funny example
16:03:45 ThickAsThieves: of how small 5% of divs is
16:03:46 BTC0xygen: kk
16:05:16 Diablo-D3: speaking of kickstarter
16:05:22 Diablo-D3: I wonder if I could kickstarter a 1EB storage pool.
16:06:31 BTCOxygen: Diablo-D3: 1EB ?
16:06:39 Diablo-D3: 1000PB = 1EB
16:06:43 Diablo-D3: 1000TB = 1PB
16:06:53 BTCOxygen: ah.
16:06:58 BTCOxygen: Not bitcoin related.
16:07:58 ThickAsThieves: Let's say I have 5000 shares worth 2.5btc each. Assuming AM will pay .025 in divs EVERY week, I would get 0.00125 per share, or about 27btc per month.
16:08:04 ThickAsThieves: At current BTC/USD value that means that I would be getting paid $3500/mo to be liable for assets worth $1,575,000.
16:08:53 BTCOxygen: And thats for 5%, right?
16:09:10 ThickAsThieves: right
16:09:17 ThickAsThieves: now
16:09:32 ThickAsThieves: do you want a man holding $1.5m in assets
16:09:36 ThickAsThieves: to work for free?
16:09:54 Namworld: 3500 x 12 = 42,000 = 2.66% of portfolio value yearly.
16:09:57 BTCOxygen: The other PT holds 5m in assets and work for free. :P
16:10:10 ThickAsThieves: i assure you he does not
16:10:16 BTCOxygen: He could have a agreement with the site operator.
16:10:40 ThickAsThieves: let me show you one more example
16:10:47 ThickAsThieves: as to why Burnside does it for free
16:10:53 ThickAsThieves: what's his trade fee?
16:11:02 ThickAsThieves: like .5%?
16:11:03 BTC0xygen: 0.2%
16:11:06 furuknap: 0.4%
16:11:12 ThickAsThieves: he charges both sides
16:11:15 furuknap: Yeah, but 0.2 from both sides
16:11:19 ThickAsThieves: k
16:11:31 BTC0xygen: better than 5%. :P
16:11:45 Namworld: 0.4% x 1200 BTC trade earlier = 4.8 BTC
16:11:50 ThickAsThieves: Burnside has made 518.72 coins this week
16:11:52 ThickAsThieves: in fees
16:11:53 truffles: pay me or i dont know what i might do hmmm
16:11:56 furuknap: Yeah, and better than 100%. He still reaps from every sale.
16:12:09 ThickAsThieves: or $65,358.72
16:12:16 ThickAsThieves: in one week!
16:12:20 ThickAsThieves: off AM alone
16:12:31 saulimus: wish I was that clever
16:12:50 Namworld: 12968.8 Volume x 0.4% = 51.872 BTC this week.
16:12:53 BTCOxygen: ThickAsThieves: lol.
16:12:58 BTCOxygen: Now things start to make sense.
16:13:01 Namworld: You're one order of magnitude too high
16:13:05 truffles: hope he doesnt live in USA
16:13:10 ThickAsThieves: am i?
16:13:16 Namworld: yeah
16:13:16 BTCOxygen: hmm
16:13:27 Namworld: Still, 6500$ per week
16:13:34 BTCOxygen: ThickAsThieves: He made 51 coins.
16:13:37 ThickAsThieves: 12968btc vol
16:13:49 ThickAsThieves: for the week
16:14:04 ThickAsThieves: oh yeah
16:14:04 Namworld: Aye
16:14:06 ThickAsThieves: yer right
16:14:10 ThickAsThieves: sorry!
16:14:21 ThickAsThieves: $6500 per week
16:14:26 truffles: math is confusing
16:14:26 Namworld: ;;calc 47.3081 * 0.004
16:14:35 BTCOxygen: .
16:14:38 Namworld: 0.18 BTC for the last PT trade
16:14:45 Namworld: 18 bucks
16:14:45 ThickAsThieves: either way
16:14:55 ThickAsThieves: you can see why burnside does it for 'free'
16:14:55 Namworld: and it keeps coming in all day like this
16:15:05 BTCOxygen: yeah.
16:15:34 ThickAsThieves: problem is
16:15:40 ThickAsThieves: there is a bit of conflict of interest
16:15:50 ThickAsThieves: having the PT operator be the exchange owner
16:15:57 ThickAsThieves: I trust Burnsy n all
16:16:19 ThickAsThieves: but it's a little shakey for him to be running his own PT imo
16:16:43 ThickAsThieves: this is probably why Ukto didnt do his own
16:16:51 ThickAsThieves: and worked something out with DT
16:17:58 ThickAsThieves: man, i feel like i'm totally the tinfoil-hatter in this channel now
16:18:05 ThickAsThieves: lol
16:18:18 fiat500: dt wall moved?
16:18:27 fiat500: or eated?
16:18:27 ThickAsThieves: no it got ate
16:18:31 fiat500: sheeeeeet
16:18:40 ThickAsThieves: you missed the fireworks
16:18:46 BitHub: how much is 1,000,000 mBTC in btc again?
16:19:06 Namworld: 1000 BTC?
16:19:18 ThickAsThieves: too much to be using mBTC
16:19:36 BitHub: yeah i dont know why these guys haven't it this way, annoying
16:19:37 ThickAsThieves: unless youre an asshole
16:19:40 BitHub: thanks nams
16:19:40 BTCOxygen: <BitHub> how much is 1,000,000 *uBTC in btc again?
16:20:12 BitHub: 100,000 mBTC is 100 btc
16:20:48 BTCOxygen: How long does it take to open an asset on BTCTC ?
16:21:14 ThickAsThieves: hey guys
16:21:19 ThickAsThieves: check this out
16:21:30 BTC0xygen: ?
16:21:31 ThickAsThieves: Friedcat: "Shipped Blades: 278. The sales keeps a slow but steady pace."
16:21:42 ThickAsThieves: "Shipped USB Sticks: 530. A lot more in the following week."
16:21:54 ThickAsThieves: "We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip."
16:22:00 ThickAsThieves: booya!
16:22:26 BTC0xygen: cool
16:22:26 kakobrekla: just to fuck with bfl
16:22:36 BTC0xygen: BFL is deal.
16:22:47 BTC0xygen: I need to see 28nm chips now. :P
16:22:59 fiat500: BFL is going to rape AM
16:23:33 ericmuyser: mBTC = milliBTC = milliseconds = 1000 milliseconds in 1 second = add or subtract 3 zeros to convert between mBTC and BTC. 2304303834000 mBTC = 2304303834 BTC. 3940723523947852 mBTC = 3940723523947.852 BTC = moved decimal place 3 to make it smaller
16:23:55 BTC0xygen: lol
16:23:58 BTC0xygen: rofl
16:23:59 ThickAsThieves: yeah you better buy BFL stock while you still can't!
16:24:18 BTCOxygen: How long does it take to open an asset on BTCTC ?
16:24:43 ThickAsThieves: depends
16:24:46 BitHub: BFL where you can do imaginary ASIC preorders and by the time you get them they will be worthless to mine with
16:25:09 BTC0xygen: what github said.
16:25:12 BTC0xygen: *B
16:25:27 ericmuyser: AM where they mine with them themselves until they're *almost* worthless and sell em
16:25:48 ThickAsThieves: [12:24] <BTCOxygen> How long does it take to open an asset on BTCTC ? <<<<1. Talk to Burnsude 2. Open a thread on the forums gut-checking your asset plan 3. Fill out the application and pay 5btc 4. Wait 1-2 weeks for enough votes (not guaranteed)
16:26:34 BTCOxygen: lol
16:26:47 BTCOxygen: I will keep it in OTC. :P
16:27:05 BTCOxygen: Its a small asset, No need to go with all the hassle.
16:27:16 BTCOxygen: only 300 shares.
16:27:21 ThickAsThieves: yeah no need to do something the right way, fuckit
16:27:31 ThickAsThieves: just scamz instead, way easier
16:27:41 BTCOxygen: lol
16:27:56 BTCOxygen: ThickAsThieves: I need the funding in 2 days MAX.
16:28:06 BTCOxygen: Wait 1-2 weeks for enough votes (not guaranteed)
16:28:09 ThickAsThieves: ...
16:28:13 BitHub: its alot of hard work to scam
16:28:14 ThickAsThieves: good luck
16:28:21 BitHub: look at the amount of effort ziggap went into
16:28:26 jborkl: Did you ever pay Topace back?
16:28:51 BTCOxygen: Most.
16:29:00 BTCOxygen: very small amount left.
16:30:08 Namworld: If he had to run, aethero could have at least have given the website and business to someone else. Not like he's going to need those...
16:30:49 BitHub: i'm sure he'll be back with a new busines name
16:31:12 ThickAsThieves: like BTCOxygen tm?
16:32:29 BitHub: would suck to be him tho, watching your back everyday just waiting for someone to come up behind you and donkey punch you in front of your kids and stuff
16:32:44 ThickAsThieves: depends how much he banked
16:32:51 ThickAsThieves: he could just disappear
16:33:01 BitHub: scared for your life, people are ready to bash your baseball bats n stuff
16:33:06 BitHub: its pretty scary
16:33:24 ThickAsThieves: i dont think any one person lost enough money
16:33:28 ThickAsThieves: to want to kill hm
16:33:52 ThickAsThieves: twas a well-distributed scam
16:33:53 BitHub: people have paid in bitcoin to put hits on him
16:33:57 ThickAsThieves: the great part
16:33:58 ThickAsThieves: is that
16:34:21 ThickAsThieves: the whole scam was propped into this world by his btc wot reputation
16:34:28 ThickAsThieves: go wot!
16:34:35 BitHub: yeah wot
16:34:38 BitHub: biggest failing
16:34:56 jborkl: Athero scammed again?
16:35:10 jborkl: aethero
16:35:41 jborkl: If so, not the first time
16:35:45 BitHub: wouldn't be that hard, we found kenfrom cryptoexechange
16:35:52 BitHub: he shat his pants real quick
16:36:24 ThickAsThieves: aww
16:36:26 ThickAsThieves: i missed that
16:39:12 ThickAsThieves: sdice rally heh
16:39:31 kakobrekla: Bugpowders fault
16:39:34 BitHub: yeah nice, i glad i got in before
16:39:44 BitHub: do you run btcinvest as well tat?
16:39:48 ThickAsThieves: nope
16:40:15 BitHub: oh, he was just giving you a plug or something?
16:41:52 Namworld: I love SDICE rallies
16:42:17 BitHub: its probably namworld /confused
16:43:02 Namworld: No... cause currently my PT sells for much more than SDICE elsewhere
16:43:27 BitHub: who's btcinvest on bf?
16:48:50 thestringpuller: ThickAsThieves: Stop being a ASICMINER horder
16:49:30 thestringpuller: ;;ticker
16:49:38 thestringpuller: !last m S.MPOE
16:57:27 ThickAsThieves: [12:48] <thestringpuller> ThickAsThieves: Stop being a ASICMINER horder OMNOMNOMNOM
16:59:08 thestringpuller: On this episode of horders we clear out ThickAsThieves house full of old ASICMIER shares
16:59:15 thestringpuller: ;;gpg
16:59:21 thestringpuller: ;;ident
16:59:27 thestringpuller: ;;getrating thestringpuller
17:01:21 thestringpuller: ;;eauth
17:01:26 thestringpuller: ;;eauth thestringpuller
17:02:06 thestringpuller: ;;eauth freenode:#bitcoin-otc:8aa06b3bcdf39a29064f4da379e6a0c189e2674c0d0687dc6a9778be
17:02:20 thestringpuller: ;;everify freenode:#bitcoin-otc:8aa06b3bcdf39a29064f4da379e6a0c189e2674c0d0687dc6a9778be
17:02:25 thestringpuller: my bad ;;gribble
17:02:30 thestringpuller: ;;gribble gribble
17:02:44 thestringpuller: !ticker B BITVPS
17:02:53 thestringpuller: !ticker B BVPS
17:03:02 thestringpuller: !ticker BTCTC BVPS
17:03:06 thestringpuller: !ticker BTCTC BITVPS
17:03:13 thestringpuller: !last BTCTC BITVPS
17:04:30 thestringpuller: ;;rate smickles 0 seems overwhelmed. good people.
17:04:37 thestringpuller: ;;rate smickles 1 seems overwhelmed. good people.
17:07:47 jcpham: what is mickles up to these days
17:09:57 thestringpuller: ;;.25 * 3
17:10:01 thestringpuller: ;;calc .25 * 3
17:10:32 thestringpuller: ;;calc .5 * 3
17:13:54 JWU42: forgot all about this channel
17:14:00 JWU42: :/
17:14:58 Chaaang-Noi: back to 2.5 nice
17:15:15 Chaaang-Noi: wall is gone
17:15:24 Chaaang-Noi: wonder if the guy who set up the wall bought all he wanted :)
17:15:34 Chaaang-Noi: Cog is at .27 nice
17:15:55 aknap3: 2013-05-23 08:50:31 Market Buy 497 ฿ 2.45 ฿ 1217.65
17:16:06 JWU42: anyone think there is a market for fractional ownership of a mini-rig (the 500 Gh/s unit)
17:16:14 Chaaang-Noi: thanks aknap3 very cool
17:16:33 Chaaang-Noi: how fractional? and what price?
17:16:37 JWU42: would probably keep it private
17:16:45 JWU42: Hey goat
17:16:50 Chaaang-Noi: hi :)
17:16:59 JWU42: would probably do nor more than 10 holders
17:17:08 JWU42: if i kept it private
17:17:18 Chaaang-Noi: whats your order number? honestly, im not sure bfl will ever get the mini rigs going :/ i have little faith
17:17:27 JWU42: yeah - understood there
17:17:32 JWU42: 1718
17:17:39 JWU42: is the MR order number
17:17:41 Chaaang-Noi: that is low
17:17:45 JWU42: =)
17:18:09 Chaaang-Noi: i have one lower, but a 60 ghs unit
17:18:24 Chaaang-Noi: them taking the mini rigs off the sales page makes me worried
17:18:30 JWU42: yeah - all my 60 Gh/s units are in the lower 17xx as well
17:18:47 JWU42: Chaaang-Noi: josh has said it will be 3 x 500 units
17:18:48 Chaaang-Noi: 163X i think for me
17:18:59 Chaaang-Noi: ahh that is good news
17:19:04 Chaaang-Noi: i ahve not kept up with all bfl stuff
17:19:11 JWU42: well - except for the 9kW in power
17:19:14 JWU42: ;)
17:19:16 Chaaang-Noi: i bet its too late for me to upgrade
17:19:39 JWU42: I might just sell one unit outright
17:19:45 Chaaang-Noi: hmmm well at least you can power it in three different buildings
17:20:53 kakobrekla: myea i miss mining.
17:21:13 Chaaang-Noi: i got some rally nice cpus i can sell ya!
17:21:25 kakobrekla: sounds like a plan
17:21:30 Chaaang-Noi: not used in 2 years!
17:24:21 Chaaang-Noi: that 1000 plus btc market buy is pretty epic
17:24:46 benkay_: ;;ticker
17:25:01 Chaaang-Noi: on AM that is
17:25:08 Chaaang-Noi: btc being over 125 is pretty cool to:)
17:34:49 furuknap: Only thing that remains to be seen is whether it was epic fail or epic win.
17:35:15 furuknap: ...or possibly epic meh.
17:53:51 topace: !ticker h asicm
17:54:25 topace: !ticker h sdice
17:57:02 error4733: ;;ticker
18:01:04 furuknap: Wait, cognitive traded at 0.3999 today? Wow. Mining shares are really going grazy...
18:16:23 inhies: parseval: you around?
18:19:35 furuknap: If you ignore the last couple of Cognitive trades, every single mining asset on BTCT is up today. Cognitive was up 50% before the latest couple of trades.
18:20:36 parseval: I'm here
18:21:29 parseval: Sort of, anyway, inhies, since I am at work
18:23:23 inhies: ah ok parseval
18:23:32 inhies: i was gonna bug you about oauth on btctc since you seem to have it working
18:23:52 inhies: when you pass oob for callback, and you go to the URL and approve teh access request, what happens next?
18:24:08 inhies: for me, the page reloads with the verificiation string appended in the URL, but when I try and use it the API says its invalid
18:24:27 inhies: and by page reloads, i mean the page where you approve access to your account for the application
18:25:00 parseval: If I remember right, I had to change from calling that as a POST to a GET to make it work
18:25:00 burnside: <ThickAsThieves> but it's a little shakey for him to be running his own PT imo || TAT, still around?
18:25:02 ThickAsThieves: have you tried setting the flux capacitor to eleventeen?
18:25:10 ThickAsThieves: yessir
18:25:15 burnside: hola!
18:25:16 burnside: heh
18:25:20 ThickAsThieves: ola
18:25:45 burnside: I just wanted to throw out there that I tried to get several folks to run it before I ran with it.
18:25:50 parseval: I can post some code tonight if you want, inhies
18:26:00 ThickAsThieves: i understand
18:26:05 ThickAsThieves: and i personally trust you
18:26:16 ThickAsThieves: but i def have had some convs with people
18:26:18 burnside: And when I set it up, it had 5% fees... plan was to get it setup, then find someone to take over.
18:26:28 ThickAsThieves: where it makes it raise Qs
18:26:50 burnside: I had to ditch the fees to get around whatever closed door setup Ukto/DeaDTerra had setup to end up at zero fees.
18:27:00 ThickAsThieves: i def understand how you got into the position as well
18:27:05 ThickAsThieves: you HAD to do no fees
18:27:12 inhies: parseval: that would be great if you could. I'll be leaving in a couple hours and i'll be gone all day, but feel free to PM me, I really appreciate it
18:27:36 burnside: What I'd love to do now is work out something with Ukto/DeaDTerra where we both agree to like a 0.5% fee or something.
18:27:43 burnside: At which point I could find someone to take it over.
18:27:48 ThickAsThieves: but you cant really
18:27:55 ThickAsThieves: people would FLIP OUT
18:27:55 inhies: i use a GET with the URL to approve teh app, since that is done in a browser, obviously, and then the approval form is a POST, but then it reloads with a GET to the same URL with the verifier string appended
18:28:07 ThickAsThieves: i did send you some ideas though
18:28:14 burnside: Yeah, it would be ugly for a few days.
18:28:15 ThickAsThieves: about ways you could make it happen
18:28:24 ThickAsThieves: here's what you do
18:28:35 JWU42: who keeps buying YABMC - grr
18:28:39 BitHub: why's everyone bailing on AM PT?
18:28:43 ThickAsThieves: you get DT to agree to stop importing with you doing the same
18:28:49 ThickAsThieves: then
18:29:11 ThickAsThieves: you let me (or whomever, but I'm obv the coolest) open a new PT
18:29:15 ThickAsThieves: that allows importing
18:29:20 ThickAsThieves: but has a fee
18:29:31 ThickAsThieves: eventually yours and DTs would get smaller and smaller
18:29:49 ThickAsThieves: til they were gone
18:30:06 fiat500: burnside: trades using 2FA fee on btct applies if you are just logged in via 2fa, or also use 2fa for the trade itself?
18:30:14 ThickAsThieves: yours would also demand a premium
18:30:17 ThickAsThieves: cuz no fee
18:30:27 burnside: yup, I like that idea too. it would suck splitting the liquidity during the transition, and also would require collaboration like the other approach.
18:30:54 burnside: fiat500 -- the discount is only if you use 2FA for trades.
18:30:57 ThickAsThieves: well
18:31:05 ThickAsThieves: the thing about the liquidity is
18:31:12 fiat500: alright thanks
18:31:13 ThickAsThieves: we could easily move people
18:31:18 ThickAsThieves: without involving friedcat
18:31:34 ThickAsThieves: but yeah
18:31:40 burnside: if both were backed by the same account with friedcat, true
18:31:41 ThickAsThieves: there's no perfect answer
18:31:59 ThickAsThieves: even if they weren't
18:32:08 ThickAsThieves: as long as I had spare shares
18:32:11 ThickAsThieves: to cover them
18:32:21 burnside: yeah, that's true. I don't have many spares on my side tho.
18:32:23 ThickAsThieves: we could square up on our own
18:32:47 ThickAsThieves: hell i might even WANT to have some of your shares
18:32:50 ThickAsThieves: in the old PT
18:32:50 burnside: we could definitely reduce the volume with Friedcat a ton by working it in batches
18:33:21 ThickAsThieves: that is def something i am sensitive to,
18:33:30 ThickAsThieves: friedcat does too much xfering already
18:33:37 ThickAsThieves: and if he has to do more,
18:33:42 ThickAsThieves: he'll just make an exchange
18:33:43 burnside: thing for me is that if we do that, I'd want to set a deadline where I can shut down my PT. If the goal is to alleviate the conflict of interest, there needs to be a finish line.
18:33:50 ThickAsThieves: and we'll all be kinda screwed
18:34:24 burnside: I think that'd be a mistake for him, but it's a definite possibility.
18:34:24 ThickAsThieves: you will also have to do some hardcore convincing with Ukto
18:34:27 aknap3: not trying to be a pain, but doesn't the stockholder agreement say we can transfer in an out?
18:34:44 aknap3: but it looks like a 30 day shutdown is perfetly fine per the agreement
18:34:44 ThickAsThieves: it also says he can close the asset
18:34:58 aknap3: yes
18:35:06 ThickAsThieves: he can make motions
18:35:10 ThickAsThieves: for alternative solutions
18:35:15 aknap3: and I think the stockholders would approve :)
18:35:27 ThickAsThieves: in the end, shut down aint gonna happen unless DT stops importing too
18:35:30 burnside: yeah, I'd have to announce that it was closing in 6 months. let people transfer wherever they want, with a carrot (instant transfer) for people transitioning to the alternate PT
18:36:35 jborkl: I thought DT already said he was shutting and paying yesterday
18:36:39 ThickAsThieves: no
18:36:44 aknap3: burnside: sounds generous and reasonable to me
18:36:44 ThickAsThieves: thats the Gamma Fund
18:36:49 burnside: that's his investment fund left over from GLBSE
18:36:58 jborkl: oh ok I see
18:37:42 burnside: TAT, only way any of this works though is if the PT on BF somehow develops a fee setup.
18:38:03 ThickAsThieves: you should talk to Ukto,
18:38:12 ThickAsThieves: cuz he doesnt have much to gain
18:38:14 ThickAsThieves: from a change
18:38:25 ThickAsThieves: so it will require some very candid conversation
18:38:50 burnside: yup, I'll have to have a chat for sure.
18:39:13 furuknap: Burnside, you're here! Good to see you!
18:39:15 ThickAsThieves: and neither of you wants to give up any of that sweet sweet volume :)
18:40:23 burnside: That is definitely true. The exchange lives or dies by volume.
18:40:43 burnside: furuknap -- hola. ;)
18:41:40 ThickAsThieves: furuknap and I are gonna have a public debate
18:41:57 burnside: sadly, gotta head out. withdrawals to process and day job to attend to.
18:42:17 ThickAsThieves: cool cool
18:43:46 ThickAsThieves: i've got +17 trust now, can I sell those for ripples?
18:43:49 furuknap: No worries, keep up the good job.
18:44:14 jcpham: ooh i want +17 trust
18:44:22 jcpham: where do i get the trust from?
18:44:32 ThickAsThieves: people that trust me
18:44:34 ThickAsThieves: :)
18:44:46 jcpham: ;;ident ThickAsThieves
18:44:51 furuknap: Bah, it's just 17 shill account... :-P
18:44:52 jcpham: tisk
18:45:02 jcpham: ;;getrating ThickAsThieves
18:45:19 ThickAsThieves: i havent kept up with my wot
18:45:25 ThickAsThieves: i owe some people ratings
18:46:09 jcpham: ;;rate ThickAsThieves 3 Runs one hell of a tidy ship.
18:46:37 ThickAsThieves: hey thanks!
18:46:46 jcpham: you deserve it!
18:48:57 JWU42: ;;ident
18:53:27 inhies: ;;getrating inh
18:54:57 deadweasel: ;;ident deadweasel
18:55:08 deadweasel: ;;eauth deadweasel
18:55:25 BitHub: ;;rate ThickAsThieves 1 - runs a tight ship
18:55:46 deadweasel: ;;everify freenode:#bitcoin-otc:195dd088f14ca93f1a2659e29f2b90479cb299851dd9a99ef124fac4
18:56:07 BitHub: ;;rate ThickAsThieves 1 - professional.
18:56:34 deadweasel: ;;getrating BitHub
18:56:38 fiat500: >_>
18:56:45 deadweasel: OTC orgy
18:56:54 deadweasel: or WOT orgy
18:56:58 deadweasel: not sure which
18:57:10 ThickAsThieves: pshaw
18:57:16 ThickAsThieves: thx guys :)
18:57:29 fiat500: so what was decided re: the AM PTs?
18:57:39 ThickAsThieves: nothing is changing
18:57:52 BitHub: 1.2 prices for fiat and bithub?
18:57:57 ThickAsThieves: but burnside would be happy to be running his own PT
18:58:04 ThickAsThieves: but he's stuck
18:58:25 ThickAsThieves: odds are there wont be any changes
18:58:37 ThickAsThieves: without a lot of brainstorming and cooperation from BF
18:59:29 fiat500: who wants to buy 2 shiny AM-PT shares from me @ 2.489
18:59:56 deadweasel: auction them on the forum
19:00:05 fiat500: auction PT shares? lol
19:02:17 BitHub: 2.48?
19:02:35 BitHub: cmon fiat500 give bithub a good hookup remmeber that free btc :P
19:03:18 fiat500: BitHub: ill give u a 0.1 discount
19:03:39 BitHub: :P
19:03:43 fiat500: BitHub: why dont u just buy them on the exchange?
19:04:02 BitHub: i'll give you 2 btc for it
19:04:17 ThickAsThieves: ;;nethash
19:04:21 ThickAsThieves: yeaauh
19:04:33 ThickAsThieves: ;;estimate
19:04:57 fiat500: who's responsible
19:06:07 BitHub: AM should just release another device called the bfl
19:06:59 BitHub: bfl and avalon should both just give up and submit all their funds and equipment to AM and beg for forgiveness
19:07:46 jborkl: New bitbet weekly - AM dividend will be under .02 per share (non PT dividend)
19:09:26 fiat500: fucking options giving me heart attacks :P
19:16:25 fiat500: ThickAsThieves: we need an !AMhash
19:18:36 ThickAsThieves: talk to kako
19:18:51 ThickAsThieves: i might be inclined to sponsor his work
19:18:56 ThickAsThieves: if he did
19:20:08 fiat500: id do it for free if i had an API... is there a realtime API?
19:20:44 fiat500: kako == kakobrekla?
19:22:29 ThickAsThieves: yes
19:45:05 BitHub: are you good at that stuff fiat500?
19:56:29 fiat500: BitHub: i dont like rating myself
19:56:42 optimator: how about some nostalgia https://bitcointalk.org/index.php?topic=153682.msg1634617#msg1634617
19:57:08 BitHub: okey i mean, do you do irc bots n stuff
19:58:50 ThickAsThieves: you can probly find some posts from me badmouthing the share value too
19:58:56 optimator: And, of course, this gem https://bitcointalk.org/index.php?topic=153682.msg1633411#msg1633411
19:59:42 ThickAsThieves: at one point i lost faith because FC kept saying they were gonna get to 12TH and never did it
19:59:59 optimator: ThickAsThieves: I'm not saying I didn't take a profit... but damn! 2.45
20:00:14 fiat500: i have in the past, the kind of stuff i do on a daily basis is a lot more complex
20:00:52 ThickAsThieves: itll hit 2.7+ again
20:00:59 BitHub: cool fiat
20:01:18 BitHub: i would like to hire your services sometime
20:01:57 fiat500: if its something small/medium scale it isnt worth it for me to charge
20:02:10 BitHub: ill pm you
20:02:54 fiat500: cool :)
20:03:47 optimator: it's intersting, the market approaches perfect information and still the players make what seem to be unrealistic bets
20:04:11 fiat500: optimator: its a self-fulfilling prophecy
20:04:16 fiat500: if enough people do it
20:04:29 aknap3: the herd is wrong, but you have to move with the herd
20:04:45 furuknap: https://bitcointalk.org/index.php?topic=153682.msg1634673#msg1634673 <- At 20% average over 6 years (my model does that) price per AM share should be in the 1.9-2.0 range with my risk profile and ROI expecations (20%/year)
20:04:47 optimator: It's microecon 101 revisited... *I* maintain people are not rational
20:05:09 ThickAsThieves: ;;ticker
20:05:22 aknap3: I'll never forget playing the beer game: http://en.wikipedia.org/wiki/Beer_distribution_game
20:05:30 optimator: aknap3: of course, you are right. you can't fight it
20:07:05 optimator: aknap3: how does the game play?
20:07:33 aknap3: it's awesome -- need a group of people. Even if you have played the game before and you know all the details you can't stop the wild fluctuations in supply and demand
20:08:29 aknap3: one one end you have the factory, on the other end yo uhave the consumer. in between, the distributors. the consumer places an order, and the order is passed down the line. Each participant loses money while they have either overstock or back-orders
20:08:59 aknap3: the customer orders are: 1, 2, 4, 8, 4, 4, 4 (and 4 for ever) but that exponential demand growth in the beginning triggers instability that lasts the whole game
20:10:14 aknap3: and even if you know exactly what is going to happen, as a distributor, you have to play along. Fighting the wild swings makes things worse for you
20:11:18 BitHub: so much easier just playing startrek movie and new judge dredd back to back and doing a shot whenever you see a lens flare
20:12:05 BitHub: i'm never able to go longer than 10mins
20:12:22 optimator: I'm thinking there would be a bit of inventory shrinkage
20:12:22 fiat500: why is BASIC-MINING doing so well
20:12:42 aknap3: avalon batch 2 and 3 coming
20:12:50 aknap3: so their hashrate will grow massively
20:12:55 aknap3: I bought 20 shares at 0.5
20:13:01 fiat500: hm
20:13:20 fiat500: probably a better short-term bet than COG then eh
20:13:33 optimator: aknap3: I wish we played that game in my business classes
20:13:36 aknap3: COG seems a bit flakey.. potential for huge gain but risk is higher
20:13:37 fiat500: oh well, good thing im not in this for short-term bets
20:14:17 aknap3: optimator: it was unforgettable (no actual beer though )
20:15:58 optimator: aknap3: I'd want to run simulation a) w/o beer; b) with real beer; and c) with real beer at a bar!
20:16:13 optimator: I'm guessing C would result in the best overall outcome
20:16:17 aknap3: optimator: time to write a grant proposal
20:19:48 WILLdude: Where's the best place to buy the new USB miners, in a quantity of 1?
20:19:55 WILLdude: At a reasonable price.
20:20:17 aknap3: WILLdude: hold your BTC. Do not spend
20:20:29 WILLdude: But where could I?
20:20:38 aknap3: in a paper wallet
20:20:51 WILLdude: You know what I mean.
20:20:55 aknap3: then turn off computer and finish school. When you graduate you'll likely be able to pay for college
20:21:00 davout: ohai
20:21:18 aknap3: the alternative is you'll keep investing until you hit zero
20:22:19 fiat500: aknap3: is that how it works?
20:22:35 ThickAsThieves: yes
20:22:59 ThickAsThieves: i think willdude doesnt realize that he is trying to spend money, not invest it
20:23:10 ThickAsThieves: which means he'll get to zero soon enough
20:23:17 aknap3: gambler mentality -- you will keep making bets until you have lost it all
20:23:34 aknap3: the only winning move is not to play
20:23:40 fiat500: WILLdude: i made 11btc gambling on satoshicircle
20:23:46 WILLdude: Hah.
20:23:51 aknap3: WILLdude: this is painful but it is good advice
20:24:03 WILLdude: Is there some strategy to that gambling?
20:24:08 aknap3: gah!!
20:24:13 fiat500: lol you're hopeless
20:24:20 fiat500: i knew you'd say that
20:24:37 fiat500: no there wasnt, i could have just as easily lost the 2btc i started with
20:24:41 WILLdude: Well, obviously, there is no strategy to gambling.
20:24:46 WILLdude: Stupid question.
20:24:59 fiat500: are you capable of losing $250 and moving on?
20:25:04 WILLdude: I sometimes go on bitvegas.
20:25:06 WILLdude: No
20:25:10 aknap3: WILLdude not a stupid question, it was a window into the workings of your mind. You must not invest!
20:25:12 fiat500: dont gamble
20:25:36 WILLdude: BitVegas has a load of people who believe in gambler's fallacy.
20:25:59 fiat500: oh neat, jcpham who's behind that site?
20:26:48 fiat500: "Phil"
20:27:03 WILLdude: I sometimes do Peerbet.
20:27:15 WILLdude: But I'd rather not gamble.
20:28:43 fiat500: WILLdude: i was lying about that 11btc, please don't
20:28:52 WILLdude: Why?
20:29:03 WILLdude: I mean why lie.
20:29:21 fiat500: just wanted to see how you'd react
20:29:35 fiat500: most people would say "fucking retard" regardless of how much i said i made
20:31:39 fiat500: jcpham: hrmz, that article doesn't really say anything
20:31:44 fiat500: even the title is a question
20:31:59 jcpham: sounds like an article i'd share
20:32:11 fiat500: lol
20:32:21 jcpham: devoid of content
20:33:41 cole_albon: ;;bc,24hprc
20:34:24 fiat500: "Markets frequently see periods of low volatility and consolidation around a price level before making large moves higher."
20:34:38 fiat500: s/higher/higher, lower, or more sideways/
20:36:52 fiat500: sad, its a really sweet looking site
20:41:38 davout: ;;ticker
20:43:29 fiat500: hrmz
21:02:26 jborkl: ripple is now down to 8200/1
21:07:35 furuknap: Ans suddenly SDICE has made up for the 3K loss earlier this month and is now positive again. Yeah, rite...
21:07:43 furuknap: Good night, people. TTYL.
21:14:00 Willdude123: Hello
21:17:39 Willdude123: It's unlucky that I bought back my btc before I discovered bitinstant, which would have worked.
21:22:11 jurov: Willdude123: if you do anything impulsive without any research, its not unlucky. it's retarded :)
21:22:47 Willdude123: Actually, I guess I made the good decision to buy my shares back.
21:23:03 Willdude123: I guess It's luck I now know about it.
21:23:09 jurov: tomorrow you'll doubt it and sell them again
21:23:17 Willdude123: How much does that bitcurex card cost?
21:23:26 Willdude123: No, I won't
21:26:58 truffles: putting raisins in bread
21:27:02 truffles: how can u go wrong!
21:55:21 dub: old link is old
21:55:28 ThickAsThieves: sry
21:55:41 ThickAsThieves: just digging thru the site for the first time
21:55:52 benkay_: keep 'em comin TAT
21:55:56 fiat500: is naice site
21:56:07 benkay_: wow bart chilton looks terrifying
21:56:08 fiat500: who is this phil chap i wonder
21:56:55 ThickAsThieves: dub, I have +17 trust on the forums, are you jelly?
21:57:14 dub: hardly surprising
21:57:15 ThickAsThieves: who should I scam first?
21:57:20 fiat500: lmfao
21:57:51 truffles: mp
21:58:17 truffles: who should I scam first?^^^
21:59:18 truffles: or at least slap around a bit with a giant trout
21:59:50 benkay_: yeah who is this phil character?
22:00:02 benkay_: and also jonathan stacke?
22:00:15 dub: TAT investments, pied piper of the $3 investment crowd
22:00:47 ThickAsThieves: lol
22:01:13 ThickAsThieves: benkay i have no idea who these people are
22:01:59 fiat500: ThickAsThieves is taking my firstborn
22:02:14 truffles: TAT is what i consider a shark
22:02:27 ThickAsThieves: can i sell fractional babies?
22:02:54 fiat500: can we have fractional shares without a PT?
22:03:06 jurov: mircea_popescu: https://bitcointalk.org/index.php?action=trust;u=51125 ... this is meant to be the other way around, no?
22:03:10 truffles: Bart Chilton, does he have a sinister look to anyone
22:03:39 ThickAsThieves: oh i forgot about you jurov
22:03:42 ThickAsThieves: sry
22:03:50 ThickAsThieves: +trust coming right up
22:03:59 fiat500: well, bitstamp finally caught up to gox
22:04:16 benkay_: in what sense, fiat500?
22:04:25 fiat500: incredible reality distortion field those fuckers were in last week
22:04:46 fiat500: in the sense that best bid is no longer 116
22:05:00 fiat500: more like 124
22:05:12 ThickAsThieves: https://bitcointalk.org/index.php?action=trust;u=51125
22:05:41 kakobrekla: yes terrible fiat500 http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected
22:05:53 fiat500: ThickAsThieves: so you're playing the game
22:05:54 truffles: why does it want me to sign in!
22:06:33 fiat500: kakobrekla: i see btc-e is still behind
22:06:40 ThickAsThieves: of course i'm playing
22:06:45 ThickAsThieves: i think it's a good idea
22:06:46 fiat500: kakobrekla: how are you getting the ASICMINER data for asicminercharts.com
22:06:52 truffles: tl dr to these restricted btctalk links plz
22:06:56 ThickAsThieves: despite dub's warnings
22:07:06 kakobrekla: wha?
22:07:22 fiat500: id like to write an instantaneous !AMhash like ;;nethash
22:07:30 fiat500: to get current asicminer hashrate
22:07:45 kakobrekla: thats not mine
22:07:50 fiat500: u wot
22:07:57 fiat500: ThickAsThieves: didnt u say it was kako
22:08:05 ThickAsThieves: no,
22:08:12 ThickAsThieves: i said kako runs this channel
22:08:18 fiat500: oh
22:08:31 ThickAsThieves: the guy that runs that website,
22:08:33 kakobrekla: this channel runs itself
22:08:38 ThickAsThieves: is smiguel
22:08:44 ThickAsThieves: on the forums
22:08:49 fiat500: ew forums
22:09:01 ThickAsThieves: can anyone make functions in this channel kako?
22:09:09 ThickAsThieves: like
22:09:11 ThickAsThieves: ;;email
22:09:13 kakobrekla: if that anyone is kako
22:09:15 ThickAsThieves: $email
22:09:25 ThickAsThieves: so you do run the channel
22:09:27 ThickAsThieves: :P
22:09:40 fiat500: lol
22:09:43 ThickAsThieves: however superserving it may be
22:09:53 ThickAsThieves: you got the keys
22:10:30 fiat500: ThickAsThieves: anyone could pick their own prefix and put a bot in here
22:10:43 kakobrekla: in theory but not in practice
22:10:48 jurov: haha
22:11:01 fiat500: lol
22:11:12 ThickAsThieves: ;;amhash
22:11:14 fiat500: then TAT is correct
22:11:19 ThickAsThieves: kako can you fix amhash
22:11:22 ThickAsThieves: its not working
22:11:23 fiat500: haha
22:12:04 benkay_: !
22:12:06 ThickAsThieves: if fiat500 writes it, will you implement?
22:12:19 kakobrekla: where are you pulling the number from
22:12:19 benkay_: grr what's the mpex quote format?
22:12:33 ThickAsThieves: blockchain
22:12:38 ThickAsThieves: i think
22:12:46 ThickAsThieves: lemme check something
22:12:49 fiat500: kakobrekla: will have to ask smiguel where he gets his data for asicminercharts.com
22:13:56 fiat500: ThickAsThieves: how would it be in the blockchain if the majority of the rate is in pools
22:14:40 ThickAsThieves: just the solo part
22:14:48 ThickAsThieves: i assume the rest comes from each pool
22:14:55 jurov: oh, kakobrekla had no trolltalk trust .. till now ;)
22:14:59 fiat500: hmm
22:15:03 ThickAsThieves: you can contact smiguel here https://bitcointalk.org/index.php?action=profile;u=59002
22:15:47 fiat500: dont see a way to pm on the forum
22:17:19 fiat500: can forum newbs not pm or something?
22:17:22 ThickAsThieves: his pm link https://bitcointalk.org/index.php?action=pm;sa=send;u=59002
22:17:29 kakobrekla: re jurov.
22:17:51 fiat500: "You are not allowed to send personal messages."
22:18:16 BitHub: too n3wb
22:18:20 ThickAsThieves: pm me your questions and i'll send to him
22:19:16 fiat500: "hi, i'd like to build an instantaneous hashrate checker for ASICMINER in an IRC bot, interested to know how you're getting your data for asicminercharts.com"
22:28:51 benkay_: ;;seen mircea_popescu
22:29:28 benkay_: !ticker m^oix
22:29:35 benkay_: !ticker m ^oix
22:30:31 benkay_: ;;later tell mircea_popescu is OIX busted?
22:33:37 BitHub: ;;later tell mircea_popescu how you doooooin' *clicks fingers*
22:37:15 jurov: benkay_: just no options activity recently
22:37:26 jurov: when price moves, watch out!
22:39:49 mircea_popescu: hey fiolks
22:39:58 mircea_popescu: jurov what's thatg? i can't see the link
22:40:29 mircea_popescu: benkay_ oix only counts options sold by bot. people have been mostly shorting this month, so bot didn't sell much of anything
22:41:08 jurov: mircea it's btctalk trust from mpoe-pr to me, for 10k btc
22:41:21 mircea_popescu: okay...
22:41:22 jurov: as if she invested 10k via coinbr
22:41:28 mircea_popescu: a
22:41:41 jurov: (maybe she did indeed?)
22:41:45 mircea_popescu: i guess it's more of a degree of magnitude thing
22:42:16 mircea_popescu: i thought maybe she gave you a scammer tag lol
22:42:46 jurov: lolvshe's welcome
22:44:52 jurov: in any case,thanks for appreciation
22:46:00 mircea_popescu: "What is the acronym "OTC?" I haven't heard that one yet..."
22:46:31 jurov: i'm curious if there are any other cases of 10k-valued trust published around
22:46:31 dub: on the cock
22:47:02 kakobrekla: off the cliff
22:47:49 dub: only two coins
22:48:07 kakobrekla: oh this cunt
22:50:16 kakobrekla: wtf
22:50:24 kakobrekla: >their limits is 250 btc
22:50:29 kakobrekla: incoming limit of 250?
22:52:55 benkay_: amazing
22:58:11 mircea_popescu: http://polimedia.us/fraudsters/2013/burlysque-a-musical/
22:58:16 mircea_popescu: is anyone in the house a musical producer ?
22:59:39 kakobrekla: eh thats cheap
23:01:47 dub: mircea_popescu: if its paying I know people
23:01:59 mircea_popescu: see teh article.
23:02:34 kakobrekla: i mean, its funny and all, just cheap
23:02:44 dub: oh
23:03:02 dub: I thought music production not producing musicals
23:03:27 dub: my great aunt produces musicals but she is a cunt
23:03:33 fiat500: lmfao
23:04:01 mircea_popescu: kakobrekla srsly ?
23:04:06 dub: e.g. I am required to address her as great aunt
23:04:49 mircea_popescu: so say great cunt once by mistake
23:05:01 dub: hence she is unlikely to want to tackle such subject matter
23:05:23 dub: she has probably never heard the word cunt
23:05:37 mircea_popescu: riight. and she was never half naked in a car either
23:05:42 mircea_popescu: cause she was 68 at 19 too
23:06:15 jurov: cuz there was no sex in 1960s
23:06:55 mircea_popescu: a ok
23:07:00 dub: lets change teh subject before I lose my breakfast
23:09:11 fiat500: mmm dub great aunt sex
23:09:15 jurov: oh dub is now embodied innocence... do you at least remember what you did yest in #bitcoin-trollbox?
23:09:28 kakobrekla: what did he do
23:09:46 jurov: that was beyond words
23:09:59 kakobrekla: screenshot then
23:10:07 mircea_popescu: ya, draw it lol
23:10:25 jurov: not here
23:11:24 dub: that was nothing
23:11:37 kakobrekla: give us something
23:11:38 dub: whatever you are reffering to
23:11:49 dub: the star of davidstika?
23:12:02 dub: that was problably the most offensive
23:12:09 mircea_popescu: check her out haha
23:13:29 dub: jurov: which one did you find offensive?
23:14:20 jurov: i'm out of my wit here
23:14:30 jurov: was not offended, jsut teasing you
23:14:45 dub: well I clearly havent been trying