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Transcript for 23-09-2013, 1377 lines:

04:47:32 mircea_popescu: sooo. has knc delivered yet ?

06:56:52 bobbabad: what will happen when trading resumes on btct

07:10:40 bobbabad: https://bitcointalk.org/index.php?topic=125629.msg3214807#msg3214807

07:10:45 ozbot: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.

07:12:20 bobbabad: I guess there ended up being blood after all....

07:21:04 gangplank: so what happens to my stocks

07:31:42 Ukyo: well

07:31:45 Ukyo: that was a surprise

07:31:48 Ukyo: not really.

07:32:10 bobbabad: Ukyo, is bitfunder in good shape, any crazyiness going on there?

07:32:17 Ukyo: lots of crazyness

07:32:22 Ukyo: how are there trades?

07:32:42 gangplank: locked, book wiped, trades reenabled

07:32:56 Ukyo: why trade reenabled?

07:33:00 Ukyo: it says all trade halted on the announce?

07:33:00 Ukyo: x.x

07:33:01 gangplank: nfi

07:33:04 bobbabad: two weeks until shut down

07:33:10 gangplank: yes but then reenabled after announce

07:33:29 Ukyo: "Effective immediately, in conjunction with this release, trading will be halted, all order books cleared, and trading re-enabled."

07:33:29 gangplank: "Effective immediately, in conjunction with this release, trading will be halted, all order books cleared, and trading re-enabled."

07:33:30 Ukyo: why

07:33:39 Ukyo: makes _no_ sense to clear the books

07:33:41 gangplank: who knows

07:33:53 gangplank: add to the confusion

07:34:09 bobbabad: makes perfect sense, burnside clearly got layer fees to pay

07:34:17 mircea_popescu: so did they have a breach or what.

07:34:27 Ukyo: mircea_popescu: nah

07:34:32 bobbabad: *lawyer

07:34:36 Ukyo: if so it would have shut down completely

07:34:56 Ukyo: this is something that was obviously planned

07:35:02 mircea_popescu: o hey. so i guess that bet is yes huh

07:35:09 Ukyo: i.e. 1. shutdown of user/asset reg, 2. request btc payout address

07:37:28 Ukyo: the two week notice is somewhat odd dont you think?

07:37:37 dexX7: why?

07:39:05 Ukyo: just unexpected :)

07:39:30 mircea_popescu: i usually tend to like giving a month, but two weeks is certainly not brusque or sudden.

07:39:33 dexX7: so i guess you need some additional servers for the load, ukyo ;)

07:42:07 Ukyo: dexX7: well see.

07:42:16 Ukyo: mircea_popescu: depending on the circumstances

07:42:25 Ukyo: we saw what happened on glbse :P

07:42:40 Ukyo: nef. made heh "quick work"

07:42:41 Ukyo: :P

07:42:54 Ukyo: still dont understand of resetting the books

07:43:02 Ukyo: thats a good way to hurt the price of an asset

07:43:30 dexX7: yup

07:43:46 bobbabad: I guess he thought that it would be better then making the announcement and have people panic dump

07:43:49 Ukyo: then agian, its not the first time recently LC has been interfeared with :P

07:43:59 Ukyo: bobbabad: true

07:44:19 bobbabad: people are panic dumping though so strategy did not work :P

07:44:28 Ukyo: ppl are dumping on bf tho

07:44:29 Ukyo: which is amusing

07:44:35 bobbabad: lol

07:44:56 mircea_popescu: anyway, let's hope people generally are learning lessons and intend to listen better.

07:45:04 bobbabad: I would imagine the opposite should be happening

07:45:10 Ukyo: bobbabad: meh.

07:45:13 Rannasha: I guess the reason to clear the books was for the people who had open bids. I reckon you wouldn't want to be stuck getting dumped on when the panic sale starts.

07:45:17 Ukyo: i coudl care less which way things move, as long as they keep moving

07:45:17 Ukyo: :P

07:45:24 dexX7: good point rannasha

07:45:26 Ukyo: if movements stop, its bad news in too amny ways

07:45:44 Ukyo: Rannasha: i dunno, i wouldnt mind have a low bid filled

07:45:45 bobbabad: Ukyo, I guess maybe now would be a good time to up the trade fee ;)

07:45:53 Ukyo: bobbabad: roflol

07:45:56 bobbabad: mircea_popescu the all mighty captain hindsight

07:45:59 Ukyo: no :

07:46:00 Ukyo: :P

07:46:16 Rannasha: Ukyo: But what if you had a bid just below the current price for an asset that doesn't seem to have an easy way out when the exchange closes.

07:46:18 Ukyo: wonder how much of the trash will end up on HL

07:46:23 Ukyo: I am very picky about assets atm

07:46:23 dexX7: what's your experience with such incidends? will this drive all prices down, e.g. am?

07:46:33 mircea_popescu: bobbabad not a matter of hindsight in any sense. you're just new and clueless.

07:46:44 Ukyo: Rannasha: then you had faith in the asset enough to pay the price

07:46:50 Ukyo: and leave it

07:46:53 Ukyo: beit a dump or not

07:47:03 Ukyo: you cant cater to day traders.

07:47:29 bobbabad: Ukyo, will labcoin be welcome to bf consider all the bs that has been going on with the issuer?

07:47:53 Ukyo: They originally applied at BF

07:48:01 bobbabad: oh?

07:48:19 Ukyo: apparently there is alot of scrutiny when applying at BF, and things dont move 'fast enough' :P

07:48:47 Ukyo: btct has good volume and trade fee income

07:48:48 bobbabad: uh.. really? i thought it was the opposite, everyones welcome

07:48:59 Ukyo: i doubt burnsy was wanting to shut down

07:49:05 Ukyo: bobbabad: pfft no

07:49:11 Ukyo: I got 4 new asset requests alone today

07:49:23 Ukyo: i avg 1~3 tickets a day asking about starting an asset

07:49:33 bobbabad: gotcha...

07:49:45 gangplank: will it be easy to xfer assets over to bitfunder?

07:49:46 Ukyo: one today "I want to raise funds to buy mining equipment" .. .. "no."

07:50:02 Rannasha: Do you also have a listing fee on BF? I reckon a listing fee keeps a large part of the hopeless ones away.

07:50:07 bobbabad: thats good

07:50:08 Ukyo: "I am looking for a loan." '.. .. who are you?'

07:50:36 Ukyo: "I own a gold mine and need equipment" '.. .. in which game?'

07:51:04 Ukyo: Rannasha 5btc, same as btct.

07:51:11 Ukyo: btct raised from 2 or 3 btc to match mine actually

07:51:29 bobbabad: I guess, to be fair it might be more credibility to bitfunder that way then a bunch of random LTC-global voting with what makes sense for their personal fincacial benefit

07:52:31 Ukyo: i thikn a trade freeze site-wide wold have been better than .. this.

07:52:43 Ukyo: if nef at least let ppl login and let ppl transfer shit

07:52:46 Ukyo: he woulda been fine

07:54:27 Ukyo: this is kinda silly... he started prepping for shutdown weeks ago.. but still encouraged ppl to download the 'new iphone app' x.x

07:55:59 Ukyo: what is [FN] ??

07:56:05 dexX7: fund

07:56:26 Ukyo: guess once btct is gone

07:56:34 Ukyo: it will only be havelock and mpex announcing trades in here...

07:57:14 Ukyo: but hey.. one less exchange means the btc price to get on assbot goes down

07:57:15 Ukyo: :P

07:57:48 mircea_popescu: lol

07:57:52 mircea_popescu: i guess tha'ts true.

07:58:20 Ukyo: sorry. tired. just poped to mind :P

07:59:07 VanCleef: so btct is closing down?

07:59:11 Ukyo: yes

07:59:15 Ukyo: thats what it says

07:59:58 VanCleef: fuck okey

08:00:44 AndrewJackson: Party at Bitfunder tonight?

08:00:54 VanCleef: i think so

08:01:02 Ukyo: nah

08:01:08 Ukyo: actualy quite sad

08:01:14 Ukyo: if btct goes away

08:01:18 sdfsdfs: bitfunder will be the next

08:01:20 Ukyo: it means a huge loss of income for bf

08:01:24 VanCleef: alot of volume will go to bf

08:01:28 Ukyo: due to lack of arb trading

08:01:31 sdfsdfs: there is no way to operate an exchange like this legaly

08:01:37 Ukyo: VanCleef: the assets will have to be approved

08:01:49 Ukyo: i thikn half the assets on btct wont meet criteria

08:01:53 Ukyo: which is why they ended up there

08:02:04 Ukyo: sdfsdfs: sure there is.

08:02:10 AndrewJackson: Lucky Bitfunder has been doing the hard yards ;)

08:02:24 Ukyo: sdfsdfs: I am working on licensing.

08:02:29 sdfsdfs: lol

08:02:42 Ukyo: i have been invited to meet with some ministers mid/end october

08:02:45 sdfsdfs: then you have to get rid of 90% of the assets

08:02:51 Ukyo: had to put them off because I could not meet before my tripe at begining of oct

08:03:03 Ukyo: sdfsdfs: nah, i found a lot of liency where btc is involved

08:03:17 Ukyo: most assets already meet the needed requirements

08:03:30 sdfsdfs: too bad burnsides expensive laywers didn't find that

08:03:33 Ukyo: those who dont will be forced into meeting said requirements, or get delisted.

08:04:05 Ukyo: I have said, i have noe spent more than 4x (easily) profits worth of income from BF on lawyers

08:04:06 Ukyo: for legalization

08:04:33 Ukyo: I wonder what he will do with this PT shares.

08:04:37 Ukyo: for AM

08:04:48 sdfsdfs: keep them

08:04:51 Ukyo: I see FC getting many many many transfer requests :P

08:04:58 Ukyo: sdfsdfs: lets hope not.

08:05:06 sdfsdfs: he is an asshole

08:05:14 San1ty__: WHAT THE FUCK!!!!

08:05:16 Ukyo: which ?

08:05:28 San1ty__: BTC-T shutting down?

08:05:31 Ukyo: yes.

08:05:33 San1ty__: are you fucking kidding me?

08:05:42 Ukyo: mircea_popescu: remeber what i said before? symptoms akin to nefario?

08:05:46 Ukyo: San1ty__: no

08:05:48 San1ty__: It's too late to get out of any of the assets I have...

08:05:54 San1ty__: Everything is almost down 50%

08:05:54 VanCleef: sites down

08:05:57 San1ty__: trololol

08:06:01 VanCleef: OH FUCK ITS OVER

08:06:07 San1ty__: where is ThickerThanThiev

08:06:12 Ukyo: VanCleef: works for me

08:06:14 Ukyo: San1ty__: sleeping

08:06:42 San1ty__: Well we got royally fucked... what are you guys doing with any assets at BTC-T?

08:07:01 gangplank: i just sold for a small loss, rather coins in hand than wait it out

08:07:53 San1ty__: Meh my loss is pretty big

08:09:06 Ukyo: only thing i hold on there is am which can be transfered. labcoin which will be ??? and liek 6 pajka bond thingies i somehow ended up with

08:10:02 VanCleef: so whens labcoin going on bitfunder?

08:10:25 Ukyo: well see

08:10:31 Ukyo: with LC's communications

08:10:34 Ukyo: they prolly wont know for a week

08:10:35 Ukyo: :P

08:11:05 bobbabad: mircea_popescu will surely accept labcoin with open arms to mpex

08:11:11 Ukyo: ROFLOL

08:11:17 Ukyo: mircea_popescu:how bout it, you want labcoin ? :P

08:11:34 Ukyo: I will entertain the idea if they meet the requirements

08:11:45 Ukyo: like any other asset

08:11:51 Ukyo: although, i hear its not hard to list on HL :P

08:11:55 Ukyo: so i fugre most will end up there

08:12:06 dexX7: what's hl?

08:12:10 dexX7: oh nvm

08:12:21 Ukyo: have lock will use

08:12:22 Ukyo: :P

08:14:04 bobbabad: the most fucked ppl at btct are the ones who buy neo beo's ivpo

08:14:06 Ukyo: I am more curious about DMS / deprived.

08:14:14 Ukyo: I somehow doubt he will want to move to bf

08:14:20 Ukyo: and even more so havelock

08:14:34 Ukyo: possibly mpex ... though i recall him not sitting well with PR :P

08:14:44 sdfsdfs: what is wrong with neo? the shares can easily transfered to havelock/bf

08:15:15 Ukyo: first ticket listing request has arrived.

08:15:25 bobbabad: which one? :P

08:15:26 dexX7: which asset?

08:15:30 Ukyo: cant say

08:15:32 Ukyo: thats not proper.

08:15:36 bobbabad: true dat

08:15:36 dexX7: i agree

08:15:47 Ukyo: just found it amusing 1 minute ago i thought "any time now my phone will start blowing up with asset transfer requests"

08:15:54 Ukyo: and then it beeps

08:15:55 Ukyo: :P

08:16:39 Ukyo: speaking of which

08:16:49 Ukyo: which issue was it that had some major contract issue ?

08:16:52 Ukyo: isser/asset

08:16:55 Ukyo: mining asset

08:17:31 sdfsdfs: lab/peta/bmf

08:17:34 bobbabad: peta

08:17:36 Ukyo: ah peta

08:17:41 Ukyo: whats the deal with them?

08:20:49 Rannasha: they changed their contract during the IPO

08:21:19 sdfsdfs: there is a bid for 1000 ltc-global shares at 25. probably the buyback

08:21:32 San1ty__: Is labcoin currently operated anywhere else?

08:21:45 Rannasha: San1ty__: only a PT on Havelock

08:21:53 Rannasha: But that's backed by BTCT shares

08:21:58 Rannasha: So no

08:21:59 San1ty__: Haha :D

08:22:17 San1ty__: I have a feeling that'll end up as a disaster

08:23:04 San1ty__: did burnside say anything about his AM PT?

08:23:08 Ukyo: no

08:23:19 San1ty__: ugh

08:23:22 dexX7: so just to be clear.. trading will be enabled till 31th oct?

08:23:30 San1ty__: why drop a bomb like that and then just go offline.

08:24:14 San1ty__: might be a good time

08:24:18 San1ty__: to pick up cheap shares tho

08:25:26 Rannasha: dexX7: I think trading happens until 7th oct, after which you have until the end of the month to withdraw stuff, before the site goes black

08:26:06 dexX7: i was just wondering, because it's explicitly stated that "secondary market trading" will be halted on the 7th, which is option trading, right?

08:27:09 Rannasha: secondary market is anything not directly traded with the original issuer I believe

08:27:15 Rannasha: so all exchanges

08:27:23 Rannasha: not sure though

08:27:25 Ukyo: he cant halt other exchanges

08:27:27 Ukyo: has to be options trading

08:30:37 usagi: sdfsdfs: lab/peta/bmf <--- No, bmf has no contract issues whatsoever, please don't spread rumors.

08:32:21 sdfsdfs: Ukyo you need to buy more servers .)

08:32:27 Ukyo: usagi: without rumors.. what will they post on the forums? :(

08:32:38 Ukyo: sdfsdfs: I have major major hardware and network upgrade plans set for nov

08:32:46 Ukyo: once we have our license

08:33:47 Rannasha: Ukyo: How far along is your API? I was working on a desktop-client for BTCT using its API and now I have a half-finished project :(

08:34:17 Ukyo: Rannasha: we have apps.

08:34:18 Ukyo: :P

08:34:30 Ukyo: honestly

08:34:35 Ukyo: BF has a _lost_ ready to go

08:34:43 Ukyo: but waiting for license before doing anything more that is major

08:34:58 Rannasha: Alright

08:35:01 Rannasha: any eta? :)

08:35:20 Ukyo: I am expecting to meet with ministers mid/end Oct

08:35:24 Ukyo: and will hopefully have an answer

08:35:39 sdfsdfs: are you uk based?

08:35:48 Ukyo: personally? nah

08:35:50 Ukyo: I'm in texas

08:35:55 Ukyo: I hear pirate is like 1hr away from me :P

08:43:09 Ukyo: btct is dead for me

08:43:16 Ukyo: (site loading wise) anyone else?

08:43:19 dexX7: yup

08:43:24 dexX7: trading api down, too

08:43:25 usagi: it's up and down

08:43:37 usagi: order placement is choppy when it's up

08:43:45 Ukyo: its back

08:44:37 sdfsdfs: still down for me

08:46:41 sdfsdfs: usagi called it hours before the annoucement. I should have listened to him

08:47:45 dexX7: CIPHERMINE-PT shareholders please read: https://bitcointalk.org/index.php?topic=283947.msg3215405#msg3215405

08:47:52 Ukyo: he did?

08:48:33 sdfsdfs: https://bitcointalk.org/index.php?topic=125629.msg3214440#msg3214440

08:48:39 ozbot: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.

08:49:16 Ukyo: "BMF reminds it's investors that it is not liable for losses caused by the closure of an exchange... :/" roflol

08:49:23 Ukyo: nice usagi :P

08:51:01 dub: I think mp called it quite some time ago

08:51:46 Ukyo: I wonder if BF will have to shut down

08:51:47 sdfsdfs: well there is a bet on bitbet

08:51:52 sdfsdfs: still time to join

08:52:02 dexX7: shhht

08:52:04 Ukyo: it does say or before itshuts down right?

08:52:09 Ukyo: not at announcement time?

08:52:10 Ukyo: ;P

08:54:37 sdfsdfs: ukyo is bitfunder your fulltime job?

08:56:05 Ukyo: sdfsdfs: weexchange and bitfunder

08:56:19 sdfsdfs: nice

08:56:22 Ukyo: i am hoping to have a first money transmitter license for weex soon

08:56:31 Ukyo: and working to get a license for BF at the same time

08:56:36 sdfsdfs: where did you get the money

08:56:41 sdfsdfs: for all the legal work

08:56:47 Ukyo: mostly out of pocket

08:57:01 Ukyo: have spent close to 4x the the total profit of BF so far on lawyer fees

08:58:19 sdfsdfs: so you had a fulltime job before?

08:58:25 sdfsdfs: and quit because of bf?

08:58:38 Ukyo: no

08:58:48 Ukyo: i havent technically had a fulltime job in some 12 years :P

08:59:00 Ukyo: I started, fully owned and operated my own datacenter for abotu 8 years

08:59:24 Ukyo: grew into a 2500sqf and up to 7,000 sqft datacenter in Dallas

08:59:54 Duffer1: wait LTC is direct to bitfunder?

09:00:03 Ukyo: what LTC ?

09:00:08 Ukyo: :P

09:00:31 Duffer1: somethin icebreaker mentioned in a thread, just trollin?

09:00:57 Ukyo: nah, hes right

09:01:05 Duffer1: ah

09:01:05 Ukyo: you deposit 'whole' ltc, no decimals

09:01:16 Ukyo: each one becomes 1 share of CRYPTO.LTC

09:02:05 Duffer1: i see

09:02:20 sdfsdfs: what about ltc based assets

09:03:38 Duffer1: damnit

09:03:48 Duffer1: mp was right

09:03:50 Duffer1: i hate that

09:04:59 sdfsdfs: at least burnside provided all issuers with a shareholders list. still he is a fucking scammer

09:05:34 Duffer1: he lives in the US operating an unlicensed securities exchange, this was going to happen

09:05:43 Duffer1: i didn't expect so soon

09:05:45 Ukyo: wow https://bitcointalk.org/index.php?topic=125629.msg3215423#msg3215423

09:05:49 Ukyo: i think he's mad bro.

09:06:10 sdfsdfs: he is right

09:06:27 Ukyo: to be very clear

09:06:32 Ukyo: I am not happy about this at all

09:06:45 Ukyo: a. BF will be loosing a lot of arb trade

09:06:49 sdfsdfs: you should be

09:06:55 sdfsdfs: lol arb

09:07:05 Ukyo: b. Burnside has now done a great job scaring all the investors/users shitless of any exchanges

09:07:05 sdfsdfs: you will get a lot of new assets

09:07:11 Duffer1: this is a critical moment for you ukyo, step up to take over the entire market

09:07:12 sdfsdfs: and tripple your AM sahres

09:07:33 Ukyo: sdfsdfs: i dont think most assets on btct will pass requirements

09:07:44 sdfsdfs: lol

09:07:51 Ukyo: is cog still operated by a miner?

09:07:52 Ukyo: :P

09:07:55 Ukyo: or is he legal now?

09:08:16 dub: a minor miner no less

09:08:23 sdfsdfs: think he is 18 now

09:08:28 sdfsdfs: at least he is at college

09:09:17 Ukyo: I am mostly intrigued by what Deprived will end up doing

09:09:33 Ukyo: and, tat is still asleep

09:09:41 Ukyo: hes gonna wake up to massive msgs

09:10:04 Rannasha: Burnsides timing could be better too, I think he went to bed shortly after posting the announcement

09:10:14 sdfsdfs: he should set up an exchange outside the us and not accepting us customers

09:10:31 Ukyo: forums say hes online

09:10:50 Ukyo: i would be surprised if he cold get any sleep right now even if he wanted to

09:10:54 sdfsdfs: us gov fucks up everything

09:11:02 Ukyo: us gov?

09:11:16 sdfsdfs: us poker, megaupload, bitcoin

09:11:20 Ukyo: what if it was belize gov?

09:11:23 Ukyo: where btct was registered

09:11:39 Ukyo: but i agree

09:11:45 Rannasha: regardless, the us gov is annoying on many fronts ^^

09:11:45 Ukyo: i forsee most btc sites banning us ips

09:12:03 Ukyo: if I dont get BF's license. and possibly even still

09:12:06 Ukyo: as i have said before

09:12:06 sdfsdfs: it is always the us gov that is why so many people dont like america

09:12:09 Ukyo: bf may have to give notice to us users

09:12:19 Ukyo: but if we have to, HL will too

09:12:36 sdfsdfs: i hope so

09:12:42 sdfsdfs: easy to use a vpn

09:12:46 sdfsdfs: for us users

09:13:24 Ukyo: or register as a cheap $50 corp in london ;)

09:14:00 Ukyo: https://bitcointalk.org/index.php?topic=125629.msg3215540#msg3215540 <-- see, hes awake

09:14:06 ozbot: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.

09:14:23 Duffer1: Ukyo do you see any problems in possibly listing Labcoin on Bitfunder?

09:14:37 Rannasha: ah right, he posted that he'd answer more questions "tomorrow", but I guess he ended up not going to sleep just yet.

09:14:39 Ukyo: i see potentnial problems in most all assets :P

09:14:41 Duffer1: you're the next logical choice for the operator

09:14:48 Ukyo: even some on bf which I have been working on

09:15:12 sdfsdfs: ukyo but you belive in labcoin? apperently you are a shareholder

09:15:13 Ukyo: Duffer1: keep in mind, labcoin probably wont even know about btct for a week, based on their communications ability :P

09:15:13 Rannasha: I think Labcoin is going to have problems listing whereever they try, with all their terrible communication and broken promises

09:15:23 Duffer1: ha good point

09:15:31 Ukyo: sdfsdfs: touch call

09:15:33 Ukyo: tough call

09:15:38 Ukyo: this puts me in a position i did not want

09:15:45 Ukyo: i may have to ask them to proove things to me

09:15:51 Ukyo: which puts me in a bad position vs normal shareholders

09:15:52 Duffer1: please do

09:16:11 Duffer1: man you could put the screws to them and get some answers shareholders have been demanding for aLONG time

09:16:22 Ukyo: I refuse to trade on/with assets that I have any additional knowledge of unless all users are aware of it

09:16:24 Ukyo: such as AM board

09:16:25 Ukyo: etc

09:16:31 Ukyo: and even AM doesnt give any info out

09:17:19 Duffer1: get them to show you a vid of their setup, with IDs of the principles

09:17:26 Ukyo: well

09:17:28 Ukyo: to list on bf

09:17:36 Ukyo: we require business documentation and peronal ID

09:17:44 Ukyo: er personal

09:17:48 Ukyo: of all actual owners

09:18:08 Ukyo: i agree that issuers need to fully scrutinzed and investigated

09:18:15 Ukyo: i think users should be free to be anonymous as they want tho

09:18:45 Ukyo: ooh

09:18:48 Ukyo: https://bitcointalk.org/index.php?topic=125629.msg3215586#msg3215586 <-- good point

09:18:52 ozbot: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.

09:19:02 Duffer1: what's the issue with direct BTC integration with BF? legal reasons?

09:19:27 Ukyo: Duffer1: actually it has helped quite a bit for legal reasons

09:19:29 sdfsdfs: lol why is the COGNITIV share price higher than before the closure

09:19:42 Ukyo: i also dont want to maintain and operate 2 wallets

09:19:53 Ukyo: also, user security stuffs

09:47:34 Vexual: i thought paying a team of lawyers big bickies to tell you that you're breaking the law would come to be known as a neobee, i guess it's a burnside now

09:54:21 gangplank: better call saul

10:49:41 dub: https://aaanditsgone.com

11:19:12 pankkake: people are still betting on "there will be blood". that's cheating

11:19:50 pankkake: well, not really actually. things could change

11:22:07 dexX7: yup, it's cheating!

11:22:25 dexX7: cut off the last 6 bets :p

11:23:48 pankkake: at least the "multiple exchanges" ipos make sense now

11:24:12 dexX7: hehe true

11:24:28 pankkake: I'm more upset of the loss of ltc-global… I'm going to be stuck with ltcs and they have lost a lot of value

11:25:09 dexX7: are you talking about the stock or exchange re "loss of ltc-global"

11:25:13 dexX7: ?

11:25:23 pankkake: yes, the ltc stocks :)

11:25:26 pankkake: Deprived is buying back his stuff

11:25:42 dexX7: yup

11:26:04 pankkake: let's hope he creates a BTC-ATF :)

11:26:26 dexX7: http://bitbet.us/bet/495/there-will-be-blood/ pew

11:26:32 ozbot: BitBet - There will be blood

11:28:01 pankkake: imagine btctctt delays its closure a bit… that would be fun

11:28:10 pankkake: it's planned 2 weeks before the stated date

11:28:18 dexX7: "or if its current owner announces its closure"

11:28:24 pankkake: oh :/

11:28:42 pankkake: or its transfer to anonymous parties

11:28:46 pankkake: well thought!

11:29:54 pankkake: I wonder what the labcoin guys will do. so tempting to just walk away

11:30:41 dexX7: i agree, this will be exciting

11:32:01 saulimus: hm. I wish the site would just appear somewhere else, like the pirate bay.

11:33:53 pankkake: the MPEX model is quite close to the new pirate bay model

11:34:03 pankkake: the core doesn't do much

11:34:17 pankkake: torrents are hosted elsewhere, trackers too

11:34:30 pankkake: and there are proxys

11:35:32 Scrat: the core doesn't do much?

11:35:35 Scrat: you serious?

11:36:00 San1ty__: Any news?

11:36:20 San1ty__: ThickerThanThiev, already online?

11:38:23 ThickAsThieves: yeha i'm here

11:38:26 ThickAsThieves: busy but here

11:38:39 dexX7: how's your day so far?

11:41:29 ThickAsThieves: i had prepared for a long day today

11:41:39 ThickAsThieves: just didnt realize itd be this long

11:41:43 ThickAsThieves: twss

11:42:13 ThickAsThieves: We had already been discussing a plan for BTCT closure since it was obviously imminent

11:42:58 nii236|irssi: The fact that a plan exists is promising

11:52:22 San1ty__: ThickAsThieves, Good to hear you have it under control.

11:54:06 Apocalyptic: BTCT is closing ?

11:54:18 DiabloD3: yes

11:54:25 DiabloD3: I dont get why this is big news

11:54:45 nii236|irssi: DiabloD3: You don't think its important to know?

11:54:58 VanCleef: whats happening with bitfunder?

11:55:00 DiabloD3: I mean, I dont get why anyone is surprised

11:55:07 DiabloD3: VanCleef: well, its about to get a fuckton of new assets

11:55:25 VanCleef: oh, so its safe for now?

11:55:43 DiabloD3: yeah, for now

11:56:05 VanCleef: do you think it will face the same fate as btct?

11:56:11 DiabloD3: maybe in a few months

11:56:15 VanCleef: fuck

11:56:23 DiabloD3: hey, I warned everyone

11:56:25 Scrat: thank you SEC for protecting us

11:56:30 Scrat: im gonna move to murica

11:56:34 VanCleef: yeah true

11:56:37 DiabloD3: the SEC is going to attack all the victims of GLBSE

11:56:44 VanCleef: scrat brings more guns with you, they dont have enough

11:56:47 Ogedei_: are they all based out of the US?

11:56:53 Ogedei_: how the fk is sec shuting them down

11:56:56 VanCleef: is bitfunder based in usa?

11:56:56 dexX7: well how knows. burnside "couldn't comment on bf's situation"

11:58:56 freshcoin: Its nice waking up in the morning to being fucked by burnside

12:00:09 DiabloD3: Ogedei_: all of them are US

12:00:14 DiabloD3: except for GLBSE

12:00:21 DiabloD3: which the british SEC shut down

12:03:47 San1ty__: is bitfunder going to to have the same faith as btc-tc?

12:04:22 DiabloD3: what, run until its shut down?

12:04:25 DiabloD3: probably

12:04:29 DiabloD3: its all anyone can do

12:09:14 San1ty__: Blergh

12:09:24 San1ty__: you need a weexchange account for bitfunder

12:09:25 San1ty__: derp

12:09:37 San1ty__: too bad I'm forced to use that exchange now...

12:09:49 DiabloD3: I wonder what BTC-MINING is going to do about this

12:16:36 NSAFBI: V'Las: کیوں آپ کو ایک Shuttlepod شروع کیا؟

12:16:36 NSAFBI: Tucker: کیوں تم اس پر برطرف کر دیا؟

12:16:36 NSAFBI: حملے اور Maywether Mannöver پرواز کرنے کی حوصلہ افزائی کی گئی ہے جس کے تحت Shuttlepod میں Lt.Reed:

12:16:36 NSAFBI: Lt.Reed: میں نے آج ناشتا چھوڑ دینا چاہئے

12:16:36 NSAFBI: "Borderland"

12:16:37 NSAFBI: Dr.Soong جوناتھن آرچر ... وہ یہاں کیا اس کی طرف جاتا ہے؟ تم ان کے لیے جیل کا نام تبدیل کرنا چاہتے ہیں؟

12:16:39 NSAFBI: "موت اسٹیشن"

12:16:41 NSAFBI: کمانڈر Tucker اور آرچر سرخ ذکر نقصان بھی شامل ہے انٹرپرائز holographically کم نمائندگی ہے جہاں Reperationsstation کی کمان مرکز درج ​​کریں:

12:16:43 NSAFBI: کمانڈر Tucker: میں واقعی میں ہر چھوٹی تفصیل کو گرفتار کر لیا اور یہاں درج ہے کہ یقین نہیں ہوتا. دیکھو، مجھے بالکل بیرونی شیل کے ساتھ فیری کی جگہ کے معائنے پر 1 سال پہلے کر دیا ہے.

12:16:44 MobPhone: DiabloD3 I'm here

12:16:45 NSAFBI: آرچر: میں تم سے اس پر پینٹ کر سکتے ہیں نہیں بتایا تھا؟

12:16:48 NSAFBI: Tucker: میں نے پہلے تھا جلد ہی ....

12:16:50 NSAFBI: "اگردوت"

12:16:52 NSAFBI: Tucker اس کے کوارٹر فائنل میں T'Pol کے ساتھ بیٹھتا ہے اور

12:16:53 DiabloD3: MobPhone: hi.

12:17:02 Ukyo: anyone else notice that burnside renamed the thread to 'Virtual Community Exchange' ? :P

12:17:13 DiabloD3: burnside is such a fucking scammer

12:17:16 DiabloD3: hes just like nefario

12:17:27 MobPhone: DiabloD3 how do I transfer

12:17:31 DiabloD3: transfer what?

12:17:36 Ukyo: the world

12:17:41 MobPhone: Asic

12:17:44 MobPhone: Share

12:17:47 DiabloD3: talk to your PT owner

12:18:34 MobPhone: Wtf going crazy

12:18:36 MobPhone: Brb

12:18:42 Scrat: who is the best bitcoin troll

12:18:50 Scrat: DiabloD3 or Troll-Jr

12:18:52 Scrat: vote now

12:18:53 DiabloD3: Scrat: hey now

12:18:56 DiabloD3: what about nefario

12:19:00 DiabloD3: or the guy that owned bitcoinica

12:19:11 DiabloD3: they trolled everyone everywhere forever

12:19:21 Scrat: they were douchebags, not trolls

12:19:22 efbiai: netsplit?

12:19:34 DiabloD3: and we get to add burnside to the list too

12:19:41 DiabloD3: and the bfl guys

12:19:44 DiabloD3: they trolled too

12:20:40 soypirate: anyone know how to deal with btc-bond shares? should I try to transfer or redeem them at this point?

12:21:28 DiabloD3: anyhow, I hope I can significantly buy back DMC before BF goes next

12:21:46 DiabloD3: at least we're past the 75% mark

12:22:48 kakobrekla: DAFUQ happend here

12:22:48 kakobrekla: http://bitbet.us/bet/495/there-will-be-blood/

12:22:52 ozbot: BitBet - There will be blood

12:23:53 Scrat: oh shit kakobrekla

12:23:58 Scrat: just a few minutes ago it was even

12:24:11 kakobrekla: hyeah is why im asking wtf

12:24:50 kakobrekla: aa

12:25:01 kakobrekla: BTCTC is shutting down

12:25:01 kakobrekla: lmao

12:25:34 kakobrekla: "oh what a surprise!"

12:25:56 Ukyo: :P

12:26:02 Ukyo: shit happens

12:26:15 soypirate: am i just screwed with these btc-bonds?

12:26:44 Ukyo: soypirate: have to talk to namworld

12:27:09 soypirate: ok, thanks buddy...

12:27:09 kakobrekla: becase, as someone has tought me on the forum, business is fun ad not business, shit happens

12:27:25 kakobrekla: fuckin kezboard

12:29:02 efbiai: * You are banned from this server- Please do not spam users or channels on freenode. If in error, please contact kline@freenode.net. Thanks! (2013/9/23 12.03)

12:29:02 efbiai: [rajaniemi.freenode.net] *** Checking Ident

12:29:02 efbiai: [rajaniemi.freenode.net] *** Couldn't look up your hostname

12:29:02 efbiai: [rajaniemi.freenode.net] *** No Ident response

12:29:10 efbiai: V'Las: کیوں آپ کو ایک Shuttlepod شروع کیا؟

12:29:10 efbiai: Tucker: کیوں تم اس پر برطرف کر دیا؟

12:29:10 efbiai: حملے اور Maywether Mannöver پرواز کرنے کی حوصلہ افزائی کی گئی ہے جس کے تحت Shuttlepod میں Lt.Reed:

12:29:10 efbiai: Lt.Reed: میں نے آج ناشتا چھوڑ دینا چاہئے

12:29:12 efbiai: "Borderland"

12:29:14 efbiai: Dr.Soong جوناتھن آرچر ... وہ یہاں کیا اس کی طرف جاتا ہے؟ تم ان کے لیے جیل کا نام تبدیل کرنا چاہتے ہیں؟

12:29:17 efbiai: "موت اسٹیشن"

12:29:19 efbiai: کمانڈر Tucker اور آرچر سرخ ذکر نقصان بھی شامل ہے انٹرپرائز holographically کم نمائندگی ہے جہاں Reperationsstation کی کمان مرکز درج ​​کریں:

12:29:21 efbiai: کمانڈر Tucker: میں واقعی میں ہر چھوٹی تفصیل کو گرفتار کر لیا اور یہاں درج ہے کہ یقین نہیں ہوتا. دیکھو، مجھے بالکل بیرونی شیل کے ساتھ فیری کی جگہ کے معائنے پر 1 سال پہلے کر دیا ہے.

12:29:23 efbiai: آرچر: میں تم سے اس پر پینٹ کر سکتے ہیں نہیں بتایا تھا؟

12:29:23 San1ty__: what the hell is up with that spam?.

12:29:25 efbiai: Tucker: میں نے پہلے تھا جلد ہی ....

12:29:27 efbiai: "اگردوت"

12:29:30 efbiai: Tucker اس کے کوارٹر فائنل میں T'Pol کے ساتھ بیٹھتا ہے اور

12:30:01 Ukyo: kakobrekla: ouch

12:30:17 Rulother: sigh

12:30:29 Scrat: this isnt #bitcoin-terrorists

12:30:47 saulimus: that looks like a star trek script

12:31:30 MobGod_: DiabloD3 back

12:35:12 leotreasure: BTCOxygen what's going on? You have been ignoring me. Is this how you treat all your investors? I've been very patient with you. I will be cutting my losses and be leaving negative ratings and scam warnings if you have not returned my original investment capital within 48 hours. I will not accept excuses. Sort your shit out!

12:36:20 kakobrekla: oh?

12:36:25 kakobrekla: whats this about anyway

12:36:56 leotreasure: private investment

12:37:14 leotreasure: hey kakobrekla long time - how's things?

12:37:33 kakobrekla: good! thanks, and you?

12:38:19 leotreasure: great! i got some really fantastic upcoming news for Australia hopefully tomorrow will have confirmation

12:39:08 kakobrekla: :)

12:39:56 nii236|irssi: leotreasure: That sounds promising

12:40:47 leotreasure: involves a major shopping centre and a Lamassu machine or 2 ;)

12:40:58 leotreasure: possibly more

12:41:24 kakobrekla: aha

12:41:46 kakobrekla: but this btc thing is not a little everyday spenders thing

12:42:19 nii236|irssi: leotreasure: Australia is pretty big bro, I can only assume this does not involve Perth over here

12:42:36 leotreasure: correct - currently I'm in Melbourne

12:42:51 leotreasure: actually - sorry incorrect

12:42:56 leotreasure: does involve Perth

12:43:08 leotreasure: trying to cover all major cities

12:43:14 leotreasure: only have 5 machines though

12:44:00 leotreasure: so far we will most likely have Sydney, Perth, Melbourne and Tas or Brisbane

12:44:52 Graet: brisbane is pretty active i found

12:45:06 Graet: havent met any tas bitcoiners yet

12:45:29 p2pool00: assbot: .-(

12:46:18 nii236|irssi: leotreasure: Awesome!

12:46:42 nii236|irssi: leotreasure: Didn't think Lamassu had machines ready

12:46:51 leotreasure: they're in the final process

12:47:00 saulimus: why can't burnside just give the source code of the site to someone? seems like such a waste otherwise

12:50:55 soypirate: do you guys know if any other exchanges are set to follow suit here?

12:53:45 pankkake: this chan thought BF would be the first

12:53:49 pankkake: a few months ago

12:53:54 pankkake: or weeks(?)

12:54:17 Rulother: Havelock is pretty safe being in Canada and all though right?

12:54:20 saulimus: tat.asicminer frozen on btct

12:54:46 soypirate: that's what i'm assuming

12:55:04 soypirate: Rulother: that's what I assumed

12:55:09 Rulother: yeah

12:55:51 soypirate: I want to have some faith in mpex as well. this is just a bad omen here...

12:56:12 Rulother: Sorry MP, but I'm not paying 30btc to trade :P

12:56:54 pankkake: CoinBr.

13:10:57 M0NK_: wts Single

13:11:33 Rulother: lol

13:19:21 ThickAsThieves: shouldnt There Will Be Blood be closed?

13:20:00 ThickAsThieves: kakobrekla ^^^

13:21:04 kakobrekla: i dont do that.

13:21:50 ThickAsThieves: word

13:22:05 ThickAsThieves: mircea_popescu ?

13:22:22 kakobrekla: talk to him yea

13:23:42 Duffer1: 15b and so many discounts to choose from... what to buy what to buy..

13:24:17 soypirate: is btc-bond traded on any other exchanges? I haven't seen it anywhere else, so I'm assuming the answer is no

13:26:37 M0NK_: [\\\]: are you candoo?

13:26:37 M0NK_: [\\\]: pls give me my coinz back

13:26:37 M0NK_: https://bitcointalk.org/index.php?topic=292170.0

13:26:43 ozbot: Free cloud-based stratum proxy for Slush & BTCGuild (beta)

13:28:10 Duffer1: ouch lol btc-trading-pt .04

13:28:37 kakobrekla: gotta love the free market

13:29:18 Duffer1: i actually feel bad for the people panicking and/or losing money :/

13:30:09 Duffer1: it's hard to see your assets lose so much value and not panic

13:30:21 kakobrekla: i feel good

13:30:24 kakobrekla: when noobs lose money

13:30:54 jurov: does it fall under the blood bitbet bet?

13:31:07 Duffer1: definately

13:31:19 Duffer1: even if he's selling it and it doesn't close

13:31:32 jurov: yes, bet says November 17th, 2012 for BTCT

13:31:33 ThickAsThieves: it says it is closing

13:31:35 ThickAsThieves: not selling

13:31:59 VanCleef: you owe me 1btc thickasthieves

13:32:37 Scrat: JD at -2k

13:32:40 Scrat: oh man

13:33:11 random_cat: the day the music died

13:33:18 Rulother: ^

13:33:31 ThickAsThieves: I owe you shit

13:33:46 ThickAsThieves: first, you never accepted the bet

13:34:11 VanCleef: lol ya i did

13:34:15 ThickAsThieves: !ticker btct ASICMINER-PT

13:34:20 VanCleef: and asicminer priced touched on 1btc

13:34:31 VanCleef: if you look at btct chart

13:35:09 ThickAsThieves: second, i also never accepted the bet

13:35:18 ThickAsThieves: i gave you warning about the bet

13:35:21 ThickAsThieves: then you dropped it

13:35:29 VanCleef: no

13:35:47 ThickAsThieves: third, did it even touch 1?

13:35:50 VanCleef: i'm not really seriously about it

13:36:00 VanCleef: yeah i think so according to btct chart

13:37:33 dexX7: am @ 1 was touched very shortly after trading was started again

13:38:28 VanCleef: yeah nice

13:38:35 VanCleef: technicially i won that bet :)

13:39:32 VanCleef: oh 1.05 apparently lol

13:39:46 ThickAsThieves: see pm

13:41:31 thestringpuller: you ain't gotta like it but the hood gone love it!

13:43:41 Scrat: time to hire TATI-PR

13:44:20 Scrat: just have to find a double D girl with a triple digit IQ

13:44:55 ThickAsThieves: so she can do what?

13:45:07 pankkake: that should be as easy as finding a bitcoin security that isn't a scam

13:45:21 Vexual: IQ OVER 100!

13:46:08 Scrat: ThickAsThieves: I wasn't insinuating anything :p

13:47:45 kakobrekla: https://forum.litecoin.net/index.php/topic,4582.msg46464.html#msg46464

13:47:45 ThickAsThieves: sorry, i'm on edge today,

13:47:48 kakobrekla: LMFAO

13:47:53 kakobrekla: >c) Create a new exchange (can't go into details right now but this is a possibility)

13:47:55 ozbot: [LTC-GLOBAL] CIPHERMINE Industrial Cryptocoin Mining & High Perf. Computing

13:48:09 ThickAsThieves: even though we decided a coiple days ago that BTCT was def closing, and started planning,

13:48:19 ThickAsThieves: my day is already jampacked

13:48:28 ThickAsThieves: and tomorrow I leave the country for 9 days

13:48:38 ThickAsThieves: so burnside's timing is awesome

13:48:48 Scrat: kakobrekla: apt-get install php5, vim exchange.php

13:48:50 Scrat: DONE

13:48:56 kakobrekla: lolz

13:49:11 ThickAsThieves: Kate is also advising people to sell at a loss

13:49:13 ThickAsThieves: funny shit

13:49:19 ThickAsThieves: scammy bitch

13:49:28 matuszed: Yea so scammy

13:49:40 matuszed: she only said it to "small investors"

13:49:49 ThickAsThieves: as in, anyone that isnt her

13:50:00 kakobrekla: STOP THE SLANDER YOU HEAR

13:50:02 kakobrekla: lol

13:50:05 matuszed: haha

13:50:11 VanCleef: its funny because shes not even a woman

13:50:21 VanCleef: scamming guys at nightclubs

13:50:33 ThickAsThieves: well i have nothing against sexchangers, i honestly have no exposure to them

13:50:35 VanCleef: may as well invest in chelsea manning

13:52:10 Vexual: friedcat-style

13:56:44 jcpham: what is all dis justdice drama

13:57:44 Scrat: jcpham: retards who dont understand statistics

14:19:33 kakobrekla: !t bt labcoin

14:19:56 zoinky: .00025

14:19:57 zoinky: lol

14:20:06 kakobrekla: amazing company

14:20:22 saulimus: amazing trade.

14:20:45 jcpham: GO LABCOIN!

14:21:08 amig0: I LOVE YOU GUYS

14:21:19 jurov: ME TOO

14:21:21 Rulother: Supposedly the .00025 wa sa typo?

14:21:22 jcpham: LET'S SEE SOME ACTIVEMINING PICS NOW

14:21:27 zoinky: someone with fat fingers

14:21:35 zoinky: he posted on the forum saying he messed up and lost 10 btc

14:21:53 Rulother: I'm guessing after the book was cleared lol

14:21:58 zoinky: yeah

14:22:25 MilkyLep: Im kinda bummed the book got cleared

14:22:42 MilkyLep: had many low bids I wish weak hands wouldve dumped into

14:23:57 Rulother: What a fucking panic

14:24:13 Rulother: I can't wait to see "Ok guys, I worked something out we'll be ok."

14:24:29 Rulother: If I see that I'll agree with MP that burnside is nothing but a scammer

14:25:58 MilkyLep: Burnside seemed sketched when everyone panicked over the earlier SEC scare this summer, I think this is the end.

14:26:27 MilkyLep: He couldve gone about this better, possibly freezing all trading for 24 hours to avoid so much panic

14:26:58 saulimus: yes. some people, such as me, were sleeping when all this happened.

14:27:09 Rulother: saulimus, same

14:27:29 Rulother: 3am est, what the hell isn't he on the east coast?

14:28:14 fractal: somethign seirously fucked up going on at just-dice.com.... nakowa has won over 12,000 BTC now

14:28:22 jcpham: woohoo

14:28:25 KRS-1: the f

14:28:30 matuszed: Error in their random value calcualtion?

14:28:31 jcpham: dooglus gonna be pissed

14:28:34 saulimus: ??

14:28:41 fractal: he took profit from 7000 BTC to -2500 in 2-3 days

14:29:18 fractal: one guy literally winning $1.5 million in 2 days

14:29:20 saulimus: well, atleast he's got balls...

14:29:32 fractal: either he hacked the server seed, or is the luckeist mf on the planet

14:30:55 jurov: http://www.reddit.com/r/AMA/comments/1my8fc/im_the_whale_on_justdice_id_love_to_answer/ but he isn't saying anything concrete

14:31:52 saulimus: heh, yeah. an AMA where he doesn't reveal anything isn't really an AMA at all

14:32:05 Scrat: matuszed: nop, if HMAC_SHA512 had any bias then it would be thrown out the fucking window

14:32:36 Scrat: hash functions are rigorously tested for uniformity

14:32:52 fractal: its just insane to see the destruction going on for investors over there

14:32:53 fractal: insane.

14:32:55 MilkyLep: Strange how that scam accusation comes up about server seeds then the whale(s) keep on winning

14:34:08 saulimus: yes, whales losing money all the time is fine :)

14:39:53 the20year1: I'm curious why burnside didn't locate the business, servers, site and everything in Panama and tell anyone who threatened legal action to GFY

14:41:09 pankkake: it's already listed in Belize

14:41:41 jcpham: did we have another glbse

14:41:44 jcpham: incident?

14:42:02 pankkake: btctctcttc is the new glbse

14:43:09 kakobrekla: btctc has been glbse'd.

14:43:18 jcpham: i just read the announcement

14:43:21 Vexual: shoulda mcafeed

14:43:43 jcpham: mircea_popescu is elated to be so correct, I'm sure

14:43:59 kakobrekla: yeah he nailed it

14:44:09 the20year1: Glad I didn't cross-list on BTCT

14:44:19 the20year1: Any ideas on why they're shutting down?

14:44:20 kakobrekla: nailed it, again, god damn.

14:45:04 zoinky: burnside has been iffy with legal stuff for quite awhile.. i thought he wouldve sold the site tho

14:45:20 Rulother: Burnside's lawyers are basically telling him to shut it down

14:47:02 the20year1: US lawyers or outside of the US?

14:47:12 fractal: why is MPOE still running if the others have to shut down?????

14:47:18 the20year1: I'd of bought the exchange from him :D

14:47:36 Rulother: Would you of rented it out to outsiders? :P

14:47:53 zoinky: because MPOE is a honeypot for the NSA

14:48:02 zoinky: and SEC

14:48:05 zoinky: :troll:

14:48:27 the20year1: I'm sure the SEC has paid plenty of attention to it

14:48:30 fractal: well thats good. someone else can open another exchange

14:48:38 zoinky: www.bitfunder.com

14:49:09 zoinky: wonder if it could handle the traffic

14:49:44 kakobrekla: fractal you trolling right?

14:50:14 jurov: i wonder too. with ukyo focusing on legal issues instead of the site

14:50:20 fractal: what?

14:50:36 kakobrekla: mpex is forever

14:50:45 fractal: if the site is outside the US and the owner isn't american, i fail to see what jurisdiction the SEC has..

14:51:03 matuszed: Because

14:51:06 the20year1: In this case ,the owner is american

14:51:07 Scrat: fractal: "American investors"

14:51:17 matuszed: No nation is going to pick a fight with the SEC

14:51:22 matuszed: over something as treivial as a btc exchange

14:51:29 matuszed: trivial*

14:51:44 zoinky: sealand might

14:51:45 fractal: matuszed: pretty sure if you host it in venezula, or a non-aligned country, they wont give 2 fucks

14:51:48 jurov: if you as an american invest anywhere, the SEC is here to protect you

14:51:56 the20year1: Correct

14:52:17 fractal: SEC has ZERO pull in non-algined countries.... host in russia or venezuala, or iran

14:52:22 VanCleef: http://pitchfork.com/advance/232-deltron-3030-event-ii/

14:52:25 ozbot: Deltron 3030: Deltron 3030: Event II | Advance | Pitchfork

14:52:32 VanCleef: yw

14:52:33 the20year1: Does the SEC have any pull outside of the US/

14:52:35 zoinky: deltron is in philly next month

14:52:39 zoinky: xcite

14:52:41 the20year1: I didn't think they even had much of a pull with TSX

14:52:44 VanCleef: nice zionky

14:53:05 fractal: the20year1: only with countries that have strong US ties...... thats why i say host the site in a country with weak US ties and the SEC wont have jurisdiction imo

14:53:25 matuszed: That helps but its not going to save you

14:54:16 jurov: you'll have to forever avoid travelling to the US

14:54:54 jurov: to not end up like dmitry sklyarov

14:54:54 kakobrekla: i accepted that

14:57:19 kakobrekla: this reminds me of nefario

14:57:28 kakobrekla: talking about btc to border officers

14:57:44 kakobrekla: how he has a guy who will exchange this btc for cash in the city

14:57:48 kakobrekla: lmao

14:58:58 jurov: lol he did what?

14:59:08 jurov: i must have forgoten

14:59:09 kakobrekla: http://www.digitaltrends.com/computing/bitcoin-developer-halted-at-us-customs-for-lack-of-real-cash/

14:59:11 ozbot: Bitcoin developer halted at US Customs for lack of real cash | Digital Trends

14:59:19 kakobrekla: http://blog.glbse.com/no-electronic-devices

14:59:20 kakobrekla: its down

15:01:58 kakobrekla: ahaha

15:02:02 kakobrekla: <3 IA

15:02:03 kakobrekla: http://web.archive.org/web/20130527033731/http://blog.glbse.com/no-electronic-devices

15:02:05 kakobrekla: jurov ^^

15:02:07 ozbot: No Electronic devices - GLBSE

15:02:37 jcpham: http://www.reddit.com/r/Bitcoin/comments/1my393/btctc_website_shutdown_announcement/ccdq78w

15:02:39 ozbot: gox comments on BTC-TC Website Shutdown Announcement

15:02:42 jcpham: the mighty gox weighs in

15:03:34 kakobrekla: at that point i knew the dude was retarded really

15:05:47 jurov: "Finally don't lie, they will find out, and they are likely to ban you for life from entering the U.S. ever again." oh nefario

15:05:50 arij: uhhhhhhhhhhhhhhhhhhhhh

15:05:56 arij: what the f

15:06:03 zoinky: TorBroker still exists?

15:06:08 jurov: arij, should have stayed on mpex

15:06:11 zoinky: has anyone been using that?..

15:06:12 arij: is this real life

15:06:21 arij: we got delisted from mpex

15:06:21 kakobrekla: haha

15:06:31 kakobrekla: :D

15:06:52 arij: well there goes that

15:06:54 DiabloD3: that'd be mp

15:07:03 kakobrekla: this is so fun, unlike business, or just like, im not sure!

15:07:07 arij: jeeze where is namworld when you need him

15:07:40 jurov: no you didn't want to be on mpex in first place.. don't bs us

15:07:40 MilkyLep: Sleeping.

15:07:48 jcpham: namworls flees to caymans with books

15:08:27 arij: i didnt want to be anywhere.. we just did it to not screw people over that invested from the rg era

15:08:45 arij: well anyways... bitvps is still running and more work to do. ill get back to that

15:09:04 Scrat: arij is the man

15:09:22 arij: no scrat is the man

15:21:56 jcpham: fwiw i still had funds there and was able to withdraw them

15:28:21 dexX7: jcpham: manual withdrawal?

15:28:44 jcpham: it was under the 2.4 or whatever

15:28:53 jcpham: so it happened immediately

15:28:57 dexX7: ah k

15:29:13 jcpham: 1.9 and some change

15:37:43 Rulother: Haven't seen Basic go below .1 in quite a while

15:53:50 lewicki: Black Monday?

15:57:25 thestringpuller: THERE WILL BE BLOOD RESOLVES NO

15:57:32 thestringpuller: Hahahahahahahahahahahahahaha

15:57:49 Apocalyptic: wtf

15:57:53 thestringpuller: err

15:57:53 thestringpuller: yes*

15:57:55 thestringpuller: MY BAD

15:58:02 thestringpuller: http://bitbet.us/

15:58:31 ThickAsThieves: why is it even open

15:58:46 pankkake: I hope the last bets will be "refund"

16:00:06 Apocalyptic: 85 btc bet

16:01:35 kakobrekla: pankkake you from de perhaps?

16:01:41 pankkake: .fr

16:01:43 pankkake: why?

16:01:49 kakobrekla: a ok nvm

16:01:52 Apocalyptic: Paris ?

16:01:55 pankkake: yes

16:02:25 Apocalyptic: Bitcoin-central still behind schedule...

16:07:03 samson_: Hmm BTCTshutting down ? http://thegenesisblock.com/btc-trading-corp-shutters-operations-cites-regulatory-environment/

16:08:17 VanCleef: holy fuck lol

16:09:00 thestringpuller: MY BAD

16:11:23 thestringpuller: ;;clac (6.9 + 10 + 10 + 10) / 40

16:11:27 thestringpuller: ;;calc (6.9 + 10 + 10 + 10) / 40

16:11:44 thestringpuller: ;;calc (6.9 + 9 + 9 + 9) / 40

16:15:26 thestringpuller: !ticker m s.mpoe

16:15:34 thestringpuller: :D

16:19:16 pankkake: wow, thank you Deprived for divesting

16:19:45 pankkake: I'm almost back on JD

16:21:52 amig0: pankkake: JD?

16:21:57 pankkake: Just-Dice

16:22:02 amig0: oh

16:27:07 ThickAsThieves: ;;ticker

16:40:59 kakobrekla: >I know what I have done is inexcusable, but please understand the circumstances. I wanted my company to have more money. At the time of doing it, I justified it to myself by saying it was in the best interest of the company. But it really didn't turn out that way did it... I've learnt my lesson and won't be doing that again, that's for sure.

16:41:13 kakobrekla: anyone wanna guess who said that

16:41:44 ThickAsThieves: Garr?

16:41:51 kakobrekla: damn too easy.

16:41:53 ThickAsThieves: hehe

16:42:16 thestringpuller: who is Garr?

16:42:34 kakobrekla: cognitive scammer

16:43:31 ThickAsThieves: it almost sounds cool with cognitive as an adjective

16:44:20 kakobrekla: hes a ratty-snake

16:45:06 MilkyLep: Hes fucking pissing me off these past few days

16:45:11 kakobrekla: also he blew inabas pack or whatever he has between his legs

16:46:16 ThickAsThieves: MilkLep are you chaangnoi or something?

16:46:24 kakobrekla: lol

16:46:37 MilkyLep: no, I can only imagine goat boy is livid though

16:47:00 ThickAsThieves: shill payments are late?

16:48:49 MilkyLep: fuck man, whats new, I knew my risks and I accept that, but the kid is putting his future and his companies future in jeopardy recently

16:48:49 ThickAsThieves: why is jgarzik out of the woodwork with telling everyone to make a decentralized exchange?

16:48:57 MilkyLep: that is what I didnt forsee

16:49:13 ThickAsThieves: you didnt foresee a kid crashing mom's car?

16:49:49 MilkyLep: I expected to jump out the window before hitting the tree

16:49:56 ystarnaud: lol

16:50:25 kakobrekla: then you deserve to be played, its how it goes.

16:50:37 pankkake: maybe the next step is a TOR exchange, where everything is allowed

16:50:37 pankkake: (i.e. scams allowed)

16:50:38 pankkake: it would be part of the game

16:50:45 ThickAsThieves: [12:49] <MilkyLep> I expected to jump out the window before hitting the tree <<< fair enough!

16:51:57 kakobrekla: MilkyLep its change your 'invesment' strategy or run out of btc

16:51:59 ThickAsThieves: i wonder why anyone would buy shares in BTCT at this time

16:52:14 MilkyLep: lol kako please spare me

16:52:36 kakobrekla: i will, but only cause im out of time, bbl

16:52:52 MilkyLep: I accept my losses and im dar from out or completely burned

16:52:57 MilkyLep: far*

16:55:35 MilkyLep: @ TAT Faith in issuers.

16:56:04 ThickAsThieves: i mean actual shares in the exchange

16:56:08 ThickAsThieves: [BTC-TRADING-PT]

16:56:26 MilkyLep: ahh "in" my bad

16:56:43 MilkyLep: Yea who knows

16:57:12 pankkake: those should go to zero… unless maybe there's a sale of the source code

16:57:15 MilkyLep: I never read the contract, I assume theres some buyback clause?

16:57:35 ThickAsThieves: doubtful

16:57:38 MilkyLep: Split of site trading fees over the next month?

16:57:47 ThickAsThieves: he edited most details out of the contract a while ago

16:58:07 MilkyLep: How convienent

16:58:10 ThickAsThieves: he'll just say lawyer fees ate up all the trade fees

16:58:56 kakobrekla: oh shit i should add [FC]

16:59:20 the20year1: No reason for a TOR exchange

16:59:31 the20year1: Just have everything located in Panama or Hong Kong

16:59:41 jcpham: so mircea_popescu penning the most epic fraudsters evar right now or what?

16:59:46 ThickAsThieves: everyone will be talking about colored coins and decentralized exchange ideas for weeks

16:59:46 jcpham: where the gloating

16:59:52 jcpham: i have my popcorn here

17:00:31 pankkake: pretty much as buttercoin was a thing after one mtgox issue or something

17:00:31 pankkake: the20year1: it's already in Belize

17:00:37 the20year1: and the servers? and the owner?

17:01:00 pankkake: servers are easy

17:01:00 ThickAsThieves: US

17:01:03 pankkake: owners less so

17:01:09 ThickAsThieves: both in US

17:01:24 pankkake: I mean, you can move servers where you want

17:01:38 ThickAsThieves: last we spoke, he hadnt moved em though

17:01:52 ThickAsThieves: no idea about now

17:02:29 pankkake: Should litecoinglobal.com operate at a loss for more than 30 days, burnside reserves the option to liquidate and distribute the proceeds.

17:02:32 pankkake: The likely assets would be:

17:02:34 pankkake: - the domain litecoinglobal.com.

17:02:37 pankkake: - the website code.

17:02:39 pankkake: - the customer list.

17:02:42 pankkake: - anything left in the site wallet.

17:02:53 pankkake: maybe you can hope to profit on bitcoins left on wallets!

17:03:33 pankkake: and sell e-mails to spammers

17:03:45 kakobrekla: lol

17:06:24 the20year1: So was this whole thing due to the SEC , or burnside's lawyers saying the SEC would eventually come down on him?

17:06:25 arij: anyone know why its shutting down?

17:06:38 arij: yea some one answer the20year1 :)

17:07:48 BigBitz: is burnside a real life MM/Exchange guy?

17:23:26 dexX7: ;;echo dexX7

17:25:49 mircea_popescu: ;;echo ;;echo dexx7

17:25:59 dexX7: shht

17:26:02 mircea_popescu: lol it doesn't answer to itself

17:26:09 dexX7: i set up a sound notification :)

17:26:35 mircea_popescu: oops lol. sorry.

17:26:39 dexX7: haha no, it's fine

17:32:16 thestringpuller: mircea_popescu: why hasn't betting close on there will be blood

17:32:22 thestringpuller: closed*

17:32:28 thestringpuller: will new bets be accepted?

17:32:36 mircea_popescu: nah.

17:32:54 thestringpuller: so all bets after the announcement will be voided?

17:33:04 mircea_popescu: refunded yeah.

17:33:22 thestringpuller: ;;seen jurov

17:33:39 thestringpuller: lol this looks like a job for logs

17:34:40 thestringpuller: Oh god poor BITVPS

17:34:43 mircea_popescu: wait wut ?

17:34:54 thestringpuller: BITVPS was originally on mpex

17:34:59 arij: wheres namworld when you need him :/

17:35:02 thestringpuller: contract was breached, you delisted

17:35:21 thestringpuller: i feel for you arij

17:35:29 arij: i cry every time

17:35:35 arij: lol

17:35:47 mircea_popescu: The requested URL /‎ was not found on this server.

17:35:50 mircea_popescu: that's cute.

17:36:13 thestringpuller: maybe mircea_popescu will let you relist

17:36:25 thestringpuller: there's always bitfunder (oldmenlaughing.jpeg)

17:36:30 thestringpuller: ;;google old men laughing meme

17:36:32 arij: haha

17:36:44 arij: rather havelock or mpex if they would have us

17:37:03 mircea_popescu: you know some chinese guy asked me the same thing five minutes ago

17:37:22 thestringpuller: would that chinese guy be friedcat?

17:37:23 thestringpuller: jkjk

17:37:27 mircea_popescu: arij do you have an august revenue report published anywhere ?

17:37:32 mircea_popescu: thestringpuller dun think so.

17:37:38 arij: let me grab you the link

17:37:44 thestringpuller: i think august is on bitvps.com

17:37:51 arij: its not on bitvps.com anymore

17:38:02 arij: we moved the link to btct

17:38:12 arij: no reason random customers should see the financials imo

17:38:13 arij: http://docs.google.com/spreadsheet/pub?key=0AvwwyRGyc1WgdDFvQWJnZnRZQWJfbk1mNHYtVzhPR0E

17:38:16 ozbot: BitVPS Report

17:38:48 mircea_popescu: who

17:38:51 mircea_popescu: s been doing this, namworld ?

17:38:56 arij: that is correct

17:39:11 thestringpuller: why is the cash reserve so low??

17:39:55 arij: hard to keep a big reserve when you need to constantly expand

17:40:17 mircea_popescu: thestringpuller let people run their business lol. i just wanted to see if it exists.

17:40:58 mircea_popescu: this is basically an0, i guess it works. have namworld say hi maybe we work something out here.

17:40:58 arij: where in the world is namworld

17:40:59 arij: lol

17:41:05 arij: alright, will do

17:41:19 thestringpuller: mircea_popescu saves the day

17:41:23 thestringpuller: buy BITVPS

17:42:22 thestringpuller: arij: I was just asking about the cash reserve because it seems you keep profit mainly as BTC and utilize fiat for only paying bills.

17:43:21 arij: namworld says dance, and arij dances

17:43:25 thestringpuller: lolol

18:00:01 San1ty__: Is there any news for the TaT assets and Labcoin?

18:00:14 dexX7: tati is fine

18:00:18 ThickAsThieves: did you check the news on my assets?

18:00:19 dexX7: he's working on a transition

18:00:25 ThickAsThieves: i posted both in each asset and on the threads

18:01:08 San1ty__: ThickAsThieves, Nope sorry, I'll check m now. Just had quick access to IRC.

18:03:10 San1ty__: Ugh bitfunder as well

18:03:12 San1ty__: noes

18:04:47 ThickAsThieves: <San1ty__> Ugh bitfunder as well --- ?

18:06:45 San1ty__: ThickAsThieves, Good news that you are going to havelock as well, but I just don't understand why everyone is so interested on having stuff on bitfunder. But that just my dislike for BF.

18:11:00 ThickAsThieves: we are giving the shareholder the choice

18:11:16 ThickAsThieves: it's not our place to decide which is better

18:11:30 ThickAsThieves: probably a toss-up at this point

18:11:34 San1ty: It's K, I'm not judging you, I'm very happy I get to choose Havelock :).

18:11:48 mircea_popescu: they were on both anyway or am i confused ?

18:11:55 ThickAsThieves: of course TAT.VM is not listed on Havelock, so these people will have to choose BF

18:11:57 San1ty: jup they are both

18:12:09 San1ty: ThickAsThieves, And Neobee, not sure yet?

18:12:20 ThickAsThieves: it's listed on both already

18:12:37 San1ty: ok so I just need to watch for the correct procedure to move?

18:12:44 ThickAsThieves: it's imminent

18:12:54 San1ty: Cheers!

18:13:09 San1ty: Anyway anyone know anything about the AsicMiner-PT ran by burnside?

18:13:36 dexX7: "there are several options"

18:13:45 dexX7: they shuold be fine

18:14:34 qxzn: 7

18:14:47 ThickAsThieves: i wouldnt worry about the AM-PT much

18:14:53 San1ty: dexX7, what do you mean? AsicMiner-PT isn't going to disappear? so BTC-TC will stay online for the AM-PT?

18:15:07 mircea_popescu: probably get the shares transferred to friedcat

18:15:12 mircea_popescu: if he has them.

18:15:15 ThickAsThieves: hehe

18:15:20 ThickAsThieves: he does

18:15:28 San1ty: mircea_popescu, that would be the scam of a century :D

18:15:40 dexX7: no.. burnside just said "we have several options", whatever this means

18:15:57 dexX7: i guess this could be export to direct shares, convertion to bf.am etc.

18:16:07 dexX7: or tat.am of course

18:16:37 mircea_popescu: San1ty heh, not really big enough. scam of the week ?

18:16:53 San1ty: mircea_popescu, Lol :).

18:17:00 San1ty: And what about Lacboin? Slacking as always?

18:17:23 dexX7: "we are evaluating all options"

18:17:52 dexX7: that's pretty much what you'll here everywhere

18:18:18 ThickAsThieves: bitcoin seriously is like the tech soap opera

18:18:32 dexX7: hehe

18:18:32 ThickAsThieves: just when things plateau... bam!

18:18:46 ThickAsThieves: right on cue

18:19:15 dexX7: yup ;/

18:19:25 ThickAsThieves: bitcoin history is so condensed

18:19:33 ThickAsThieves: i wonder if it's lifespan is too

18:19:44 ThickAsThieves: probably...

18:20:43 dexX7: every incident made the underlying system stronger, no?

18:20:57 dexX7: at least i would assume that

18:21:20 mircea_popescu: bitcoin is forever.

18:22:50 zoinky: cant be easy

18:27:45 ThickAsThieves: it's better to burn out, than to fade away ~ Neil Young

18:27:57 ThickAsThieves: not that he's following his advice

18:40:11 pankkake: https://bitcointalk.org/index.php?topic=248803.msg3218956#msg3218956 that was pretty much my reaction

18:40:17 ozbot: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 171k+ BTC transferred

18:40:35 pankkake: the whole thing is amateur

18:41:03 mircea_popescu: is that tradefortress' thing ?

18:41:07 pankkake: yes

18:41:31 mircea_popescu: well it's a one man show run by a teen iirc.

18:41:49 ThickAsThieves: is inputs.io dead

18:41:50 ThickAsThieves: ?

18:41:51 mircea_popescu: not doing so bad considering.

18:41:53 pankkake: with dubious security claims, like "we escape stuff"

18:42:00 mircea_popescu: ThickAsThieves nah people pissed off at ssl errors.

18:42:06 ThickAsThieves: ah

18:42:34 pankkake: well the guy says "use this ip" in a forum

18:42:46 pankkake: and we're supposed to trust it

18:42:59 ThickAsThieves: i cant login

18:43:12 ThickAsThieves: it doesnt respond

18:43:14 pankkake: me neither, it seems the backend is down

18:44:10 mircea_popescu: pankkake so tell him to gpg or stfu.

18:44:12 MilkyLep: Wait people use that site?

18:44:17 pankkake: mircea_popescu: already did

18:44:37 pankkake: zero transaction fee is appealing

18:44:46 mircea_popescu: MilkyLep he was running a coin lending programme, and some chatroom or w/e, he has some history.

18:45:51 MilkyLep: About as appealing as a juicy worm looks on the end of a hook to a fish.

18:45:58 MilkyLep: I know of his history

18:46:06 MilkyLep: But i gotta poke fun here and there

18:46:20 ThickAsThieves: all of his things are cool, but lack sufficient transparency for trust

18:46:38 MilkyLep: exactly

18:47:08 mircea_popescu: well, there's a balance here. he's a kid. kids are stupid by nature, cause that's how people are born : dumb.

18:47:24 mircea_popescu: unlike the other kids (garr, say) this one has more or less walked straight.

18:47:43 mircea_popescu: at least so far.

18:47:44 MilkyLep: He seems very steadfast his decisions to avoid transparency, which is his right. Good ideas though

18:47:49 MilkyLep: time will tell

18:48:25 mircea_popescu: transparency is a complicated affair. everyone claims transparency, nobody delivers.

18:48:51 mircea_popescu: point in case, the laughable bitpay "We lost our domains and a ton of btc" scandal. or, outside of btc world, the entire times lost their twitter account.

18:49:24 MilkyLep: Reactions and responses are what interest me in times like this

18:49:31 mircea_popescu: hell, for that matter the nist is "transparent"

18:49:53 mircea_popescu: https://bitcointalk.org/index.php?topic=134799.msg3219208#msg3219208

18:49:56 ozbot: BitBet open beta.

18:50:56 pankkake: great move

18:51:05 pankkake: I hope the 85 BTC guy is butthurt!

18:51:59 mircea_popescu: im not taking the 1% out of his ass. i wanted to but the OTHER people involved who are actually nice talked me out of it.

18:52:09 pankkake: oh only for new bets? :(

18:52:13 mircea_popescu: yeah.

18:52:29 pankkake: well, it's fair, you shouldn't change the rules retroactively… but not fun

18:53:17 mircea_popescu: yeah.

18:53:38 mircea_popescu: asicminer at 1.3 ?!

18:54:08 dexX7: you didn't notice?

18:54:14 dexX7: great time actually :)

18:54:31 dexX7: hit 1.0 right after trading restart

18:54:38 mircea_popescu: i wasn't watching it all that close. so basically once the scam is out of the picture, asicminer came back to its actual value

18:54:43 mircea_popescu: and all the rest of the shit is gone.

18:54:48 mircea_popescu: pretty cool in the end, i say.

18:57:46 mircea_popescu: "Bitcoinica liquidator wants to hear from users"

18:57:56 mircea_popescu: whoa what a blast from the past.

19:01:54 lyspooner: that's the past?

19:02:15 lyspooner: where have i been?

19:02:48 pankkake: given your username, you're dead

19:03:40 lyspooner: oh crap you're right

19:04:02 mircea_popescu: lol

19:04:04 lyspooner: do we still have a postal service?

19:04:10 pankkake: hahaha

19:04:19 mircea_popescu: yes, you pay people and they go postal for your amusement.

19:04:55 lyspooner: i came in to see mircea's list of bitcoin's current best scamjobs

19:05:00 ThickAsThieves: *** BTCT.co migration instructions have been posted in each asset page, emailed to all holders, and posted to each official forum thread ***

19:05:03 lyspooner: top 3 pls?

19:05:59 ThickAsThieves: *** To clarify, I am referring to TAT Investments issues only ***

19:09:08 mircea_popescu: despite the postal service accounting for less than 1% of the full-time civilian labor force, 13% of workplace homicides were committed at postal facilities by current or former employees.

19:09:38 pankkake: I wonder if government employees go through some kind of brainwashing

19:09:38 mircea_popescu: lyspooner http://fraudsters.com/2013/the-anatomy-of-a-scam/ http://fraudsters.com/2013/the-anatomy-of-another-scam/

19:09:44 mircea_popescu: apparently anatomy is the keyword.

19:10:24 lyspooner: thanks!

19:12:46 lyspooner: mpex option volumes seem to be correlated to the volumes on major exchanges. how did you hedge this? i know you are short on everyone already in general because everyone is dumb, but has that helped?

19:15:17 mircea_popescu: lyspooner the volume is acutally pretty small of late.

19:18:27 lyspooner: mircea_popescu: how much have you spent on marketing in the past 6 months?

19:19:18 mircea_popescu: complex question to answer. is intel marketing ?

19:19:26 mircea_popescu: anyway, as a lower bound, coupla hundred btc.

19:22:13 ThickAsThieves: it's R&D, no?

19:22:17 lyspooner: cool, keep up the good work. hope to see the volumes go up soon.

19:22:37 mircea_popescu: lyspooner seeing the incredible noise dieing mtgox is inducing in the market... i;'d be scared to shit if volumes were up.

19:23:02 mircea_popescu: ThickAsThieves no, i mean intel as in, knowing what everyone is doing. you know, like the btcnsa.

19:23:42 Rannasha: Installed your own version of PRISM everywhere then?

19:25:40 mircea_popescu: nah, i'm a voluntarist.

19:26:02 mircea_popescu: people generally tell me shit because overall nobody wants btc to go to shit.

19:34:14 jurov: arij: https://bitcointalk.org/index.php?topic=131922.msg3219472#msg3219472

19:35:00 arij: thanks jurov.. we've been a bit short handed for the past few days. i want on my once-yearly 3 day vacation

19:41:55 mircea_popescu: don't you have to be over 75 years old for that ?

19:42:05 mircea_popescu: lmao wait wait wait A SECOND,

19:42:24 mircea_popescu: the guy that invented the "buy lotto tickets with pmb "dividends"" idea has something to say on a topic ?!

20:40:12 nakowa: i had a good run on just-dice today.... up 15,000BTC total

20:40:44 nakowa: nakowa won 11,000 BTC in 3 days on just-dice.com and is now up over 15,000 BTC

20:41:14 kakobrekla: you should donate those to -assets, for good cause.

20:41:22 saulimus: why are you talking about yourself in 3rd person?

20:42:06 saulimus: yeah, I could use a couple of btc due to my losses in basic-mining

20:42:41 kakobrekla: lol

20:44:17 saulimus: you may laugh, but I bet there is some rich guy just _waiting_ to hear from a guy like me so he can donate!

20:44:34 saulimus: :T

20:44:47 kakobrekla: mining investors only get ripped

20:45:09 kakobrekla: being kelinroot or asics

20:45:24 kakobrekla: or kenil

20:45:30 kakobrekla: dont remember

20:46:01 saulimus: nirnroot

20:46:02 saulimus: :p

20:46:49 pankkake: KENILWORTHnothing

20:47:04 kakobrekla: oh i thought it was kenilroot

20:47:18 kakobrekla: eh

20:47:37 kakobrekla: kenilrot i ment

20:47:42 kakobrekla: root makes little sense

20:48:06 jurov: why not? it's digging for roots

20:49:03 kakobrekla: damn you jurov, you are so selfsmarted.

20:49:16 jurov: no jusst slightly drunk

20:49:32 kakobrekla: gives simmilar effects

20:52:20 jurov: miss notnakowa

20:52:36 notnakowa: do you think nakowa stole the server seed? 15,000 BTC profit

20:53:07 jurov: think its' these dudes with quantum emulator

20:54:15 kakobrekla: http://www.youtube.com/watch?v=8Xp47uAFNYg

20:54:16 ozbot: Anna Calvi - Sing To Me (Official Audio) - YouTube

20:54:22 bitcoin42: what do you guy make of nakowa winning like that?

20:57:02 ThickAsThieves: nakowa is satoshi, he as a bitcoin backdoor

20:57:06 ThickAsThieves: owned

20:57:06 thestringpuller: jurov yt?

20:57:15 jurov: nope

20:57:21 thestringpuller: :(

20:59:13 pankkake: yay I no longer have ltc!

20:59:30 Rulother: the ltc global price dropped so hard

20:59:35 Rulother: I feel so bad for some of those people

20:59:53 Rulother: or "all of them," I suppose

21:01:02 pankkake: I wonder if burnside dumped his shares before

21:01:11 pankkake: didn't the share price crash a few days before?

21:01:13 DiabloD3: of course he did

21:01:15 DiabloD3: hes that sort of asshole

21:01:18 jcpham: oh yeah i forgot people have lost fortunes today in share prices

21:01:33 phungus: yeah

21:01:39 phungus: I think BitVPS lost 52% today

21:01:42 phungus: :-(

21:01:46 pankkake: they got burned

21:01:47 phungus: and we're one of the profitable listings

21:01:53 phungus: with actual owned assets

21:01:58 jcpham: damn these teenagers and their mickey mouse wall street websites in the US of A

21:02:00 phungus: and no real debt

21:02:03 phungus: and growth

21:02:16 jcpham: list outside of MURICA yo

21:02:32 phungus: we are not sure if we have to give up our shares completely or what

21:02:36 phungus: BTCT really screwed up

21:02:37 jcpham: what is havelock's position on this

21:02:49 jcpham: i can't see the canadian govment really liking bitcoin

21:03:02 pankkake: I sold my bitvps because I had too few left to be worth the hassle

21:03:17 pankkake: maybe I'll go back when it's elsewhere

21:03:46 Apocalyptic: jcpham, actually canada is one of the most btc-friendly countries

21:04:00 pankkake: germany!

21:04:19 jurov: somalia!

21:04:23 jcpham: i was thinking mint chip goes RTM they'll illegalize bitcoin

21:04:37 phungus: they declined to regulat it so far

21:05:00 jcpham: but at least havelock was a real business first, right

21:05:02 pankkake: well, sealand has a datacenter

21:05:08 jcpham: then it was a bitcoin business secondary

21:05:13 phungus: erm

21:05:16 phungus: I think sealand is dead

21:05:18 phungus: isn't it?

21:05:29 phungus: I thought I read that it was invaded and then the project pretty much died

21:05:33 jcpham: i think coinlab bought it

21:05:50 jcpham: coinlab definitely bought sealand

21:05:57 phungus: there is no way to protect that thing

21:05:58 phungus: :-/

21:06:11 phungus: nothing stopping pirates from boarding and taking it all

21:07:00 phungus: well, some folks are getting a serious deal on BITVPS today

21:07:01 phungus: ...

21:07:11 phungus: we were trading for 200% more a few weeks ago

21:07:22 jcpham: yeah i'mma buy it up at the bottom on the last day

21:07:29 jurov: well, labcoin and am were, too

21:07:33 jcpham: i hope you're ok with thursdays as pizza day

21:07:37 jurov: no sweat

21:14:47 MilkyLep: How does BitVPS intend to respond to BTCT's closure regarding shares/exchanges?

21:15:01 phungus: MilkyLep: we are still discussing this

21:15:11 phungus: MilkyLep: we were, obviously, caught by surprise

21:15:24 phungus: we want to do the right thing

21:15:31 phungus: not quite sure what that is yet

21:21:12 bitcoin42: pankkake: i saw you lost a bunch of money on your just-dice investment.... its karma.

21:22:16 bitcoin42: pankkake: how you doing now with -5000 BTC profit???

21:22:57 dexX7: you're mean

21:23:35 arij: that was mean

21:25:05 pankkake: thankfully Bitbet paid me more than what I lost there

21:25:15 pankkake: anyway, I should just ignore all webchatters

21:25:26 bitcoin42: pankkake: i doubt it. enjoy nakowa's dick in your ass tho.

21:25:50 dexX7: lol

21:25:55 MilkyLep: IRC - > When trolls troll trollers.

21:26:04 andrew12: yo dawg

21:26:15 arij: O_o

21:26:30 pankkake: http://i.imgur.com/c88c0wm.png

21:26:34 dexX7: pankkake: how did he do it anyway? just luck with martingale with enough bankroll?

21:26:34 bitcoin42: dont feel bad for pankkake , one of the worst trolls and tools in miles.

21:26:51 pankkake: integrity42 is such a bad troll. you have to do much better to make me rage

21:26:57 andrew12: dexX7: he looks for patterns

21:27:03 andrew12: and doesn't go chasing a loss

21:27:07 dexX7: aha "patterns"

21:27:23 andrew12: yeah. i'm not saying that there are patterns, just saying that's what he does

21:27:28 dexX7: i see

21:28:05 bitcoin42: pankkake: i can photoshop images too. congrats on your loss.

21:28:25 pankkake: bitcoin42: why would I photoshop the fact that I'm a poorfag?

21:28:33 bitcoin42: tho, if i were you, i'd feel a little poor having only 2.5 btc.

21:28:48 pankkake: too late

21:28:51 pankkake: you're bad :(

21:28:54 bitcoin42: because you're trying to reverse reverse troll the reverse troll. but its not working.

21:29:14 pankkake: I pre-reverse trolled you

21:29:29 DiabloD3: oh yeah? I trolled you by not involving myself in this

21:29:43 bitcoin42: i trolled your reverse troll before you ever thought about trolling it...

21:29:45 pankkake: now that's a good one

21:38:55 jcpham: hey you you know what's funny i just math'd out over here

21:39:28 jcpham: the only reason i had a btct.co account was because of glbse

21:40:17 jcpham: the forceful glbse closuse forcefuly created a new account on new asset exchange

21:41:26 kakobrekla: lol jcpham

21:46:05 ThickAsThieves: Ken is making an exchange?

21:46:07 ThickAsThieves: Ha!

21:46:21 the20year1: Who's ken?

21:46:28 kakobrekla: who is ken and isnt cipherchick doing it already

21:46:33 pankkake: kSLAUGTHER

21:46:37 ThickAsThieves: double lol

21:46:43 jcpham: maybe when my btct.co account is closed ken will make me a new account

21:46:47 pankkake: everyone is making an exchange

21:46:55 pankkake: trade your bfl preorders

21:46:56 jcpham: new accounts for everyone!

21:47:06 pankkake: trade your not-mining shares

21:47:21 pankkake: who gets the fees?

21:47:26 kakobrekla: we lack dirty pants btc exchange

21:47:53 jcpham: isn't it convenient the bitcoin foundation is silent on asset exchanges

21:47:56 jurov: and dirty pants futures exchange

21:48:08 kakobrekla: hehe

21:48:10 jcpham: what is this foundation

21:48:22 ThickAsThieves: 17:46] <ThickAsThieves> wait, Ken is making an exchange?

21:48:22 ThickAsThieves: [17:47] <FireLighter92314> apparently he has a backup exchange already set up

21:48:22 ThickAsThieves: [17:47] <FireLighter92314> what a champ

21:48:24 jurov: oh, we're too crazy even for the foundation

21:48:30 ThickAsThieves: [17:48] <ThickAsThieves> have fun

21:49:06 kakobrekla: i think we need to pray and ask luke

21:49:18 kakobrekla: on whats next

21:49:19 jurov: for what?

21:49:22 dexX7: lol

21:49:42 dexX7: he said he'll move all shares to bf

21:49:53 jcpham: ;;google Elizabeth T. Ploshay

21:50:12 kakobrekla: who is moving to buttfunder?

21:50:17 ThickAsThieves: i love that surname, except she pronounces it the a way i don't love

21:50:27 ThickAsThieves: it should be PLOE shay

21:50:27 dexX7: ken

21:50:35 kakobrekla: barbie too?

21:50:48 dexX7: still not sure

21:51:12 ThickAsThieves: barbie is a great name for Kate

21:51:17 ThickAsThieves: Ken & Barbie

21:51:29 dexX7: i see what you did there.. lol

21:51:40 kakobrekla: the ciper barbie?

21:51:44 ThickAsThieves: they can call the exchange The Slaughterhouse 2(.0)

21:52:01 kakobrekla: and their kiddo Garr

21:52:29 Scrat: elizabeth is president now?

21:52:40 Scrat: a decisive win for team jesus

21:52:50 kakobrekla: or do those dolls have kids with names

21:53:22 pankkake: they don't have anything between their legs

21:53:25 pankkake: they can't have kids

21:53:57 ThickAsThieves: wait the board vote was for a new president?

21:54:13 kakobrekla: http://en.wikipedia.org/wiki/List_of_Barbie's_friends_and_family

21:54:16 jcpham: nah

21:54:18 kakobrekla: yeah no kids its seems

21:54:20 jcpham: just new seat

21:54:22 ThickAsThieves: or were they just like hey new girl, you get to be the scapegoat!

21:54:33 jcpham: drumroll

21:55:53 pankkake: Midge (1963-1966, 1988- present) This character was Barbie's Best Friend.

21:55:59 pankkake: (s)midge?

21:56:04 kakobrekla: lol

21:56:14 kakobrekla: also wtf with the dates

21:56:17 kakobrekla: is he a zombie now?

21:56:56 dexX7: smidge's fund must have been hit pretty hard.. was already -50 % or so last week vs. when he started

21:57:37 kakobrekla: yeah lets play investments

21:57:43 pankkake: but still better than DCX so all is well, right? :)

21:57:53 kakobrekla: whats dcx

21:58:04 pankkake: a thing created by smidge

21:58:23 kakobrekla: midge you mean

21:58:40 ThickAsThieves: an index of miner crap

21:58:58 pankkake: 1) create meaningless financial index 2) create fund that sucks but outperforms that index 3) profit

21:59:12 kakobrekla: lol

21:59:22 ThickAsThieves: not so sure he'll make it to 3)

21:59:38 pankkake: no management fee?

21:59:50 ThickAsThieves: i suppose

21:59:59 ThickAsThieves: i think his fee is on divs

22:00:04 bitcoin42: not sure how people investing in Bitcoin assets are so stupid... someone actaully invested in a fund that trades assets on btctc? unbelieveable.

22:00:14 dexX7: the index was flawed, because he compared apples to oranges

22:00:27 bitcoin42: 'here, take my money, try to trade with it because i can't do it myself. if you lose my money, oh well!!!'

22:00:45 bitcoin42: the stupidity is mind boggling.... a fool and his money are quickly departed

22:01:02 ThickAsThieves: i dont think buying into a fund is bad in and of itself

22:01:06 kakobrekla: not as quickly as id like

22:01:14 ThickAsThieves: just need a great manager

22:03:44 ThickAsThieves: does one exist is the question...

22:03:56 ThickAsThieves: probly Deprived only

22:03:59 jurov: bitcoin42: on glbse there were several such funds

22:04:08 jurov: so this was only to be expected

22:04:21 jurov: and they invested to each other and to pirate

22:04:45 kakobrekla: and whatever when to eachother went to pirate

22:05:37 bitcoin42: what? so there were funds of funds where each fund invested in another fund??? what a fucking joke

22:05:49 bitcoin42: investors DESERVE to lose their money

22:05:55 kakobrekla: no the last one was a pozni

22:06:03 kakobrekla: > funds of funds where each fund invested in another ponzi

22:06:04 kakobrekla: fixd

22:06:42 pankkake: funds investing into each other, so gay

22:08:22 kakobrekla: well its a common practice really

22:08:51 kakobrekla: out there in the 'real' finance world

22:09:58 kakobrekla: except here they do it for different reasons or whatever

22:10:58 bitcoin42: thats why all the funds of funds got crushed in the financial crisis

22:11:49 kakobrekla: prolly not all of them

22:12:02 jborkl: holy shit you see just-dice

22:12:07 kakobrekla: no

22:12:26 jborkl: last time i looked a few days ago they were up 6300btc - now they are down 5000

22:12:37 jborkl: one guy

22:13:03 kakobrekla: site is down:

22:13:03 kakobrekla: 4,761.81272323

22:13:04 kakobrekla: this?

22:13:22 zoinky: some guy named cake was rolling 300 btc left and right earlier

22:13:29 jborkl: yeah - it was up 6300 and one dude took it down to -5000

22:13:41 jborkl: so he walked with 9300 btc win

22:13:48 jborkl: in 24 hours

22:13:48 Rannasha: 11300

22:13:56 jborkl: oh yeah my bad

22:13:58 Rannasha: :)

22:14:01 kakobrekla: towtoad?

22:14:13 Rannasha: yeah, it was towtoad/nakowa/celeste/whatever-his-name-is

22:23:43 pankkake: he took the cake

22:24:51 jborkl: good one

22:37:10 thestringpuller: panKAAAAKE

22:37:13 thestringpuller: pankkake: lol

22:37:28 thestringpuller: est-ce que tu es francais?

22:37:31 pankkake: oui

22:38:15 thestringpuller: Je puis parler francais avec vous?

22:38:16 thestringpuller: err

22:38:22 thestringpuller: Puis-je*

22:38:29 thestringpuller: :D

22:38:41 pankkake: c'est possible

22:39:21 thestringpuller: Ce qui le rend possible? (je pense)

22:39:39 pankkake: Puis-je est correct, mais "Est-ce que je peux parler avec vous" est plus sympathique

22:39:47 pankkake: ou mieux, "avec *toi*"

22:40:03 pankkake: C'est possible = it's possible, it = talking

22:40:20 pankkake: je m'en vais manger, cependant

22:41:25 thestringpuller: Ah. Je vois!

22:41:31 thestringpuller: Merci! ^_^

22:43:02 thestringpuller: pankkake tu es tres chouette! Je suis desole, je suis boiteux

22:44:41 thestringpuller: meh, pas chouette, je voulais dire "cool" (je pense lol)

22:46:04 pankkake: chouette c'est bien, plus trop à la mode mais ok

22:46:49 pankkake: maladroit c'est mieux que boiteux (qui est physique, maladroit est plus général)

22:47:18 pankkake: tu apprends le français ?

23:09:42 thestringpuller: oui, je suis debutant

23:09:50 thestringpuller: ^- pankkake

23:10:13 pankkake: pas mal pour un débutant

23:16:34 thestringpuller: merci mon ami! :D

23:16:42 thestringpuller: tu es tres cool :D

23:52:02 mircea_popescu: bitbet faq updated (new items in sections A and D).

23:52:03 mircea_popescu: http://bitbet.us/faq/

23:52:06 ozbot: FAQ BitBet