Transcript for 24-09-2013, 1059 lines:
00:18:23 jurov: mircea_popescu: flush please
00:28:22 jurov: thanks
00:30:02 mircea_popescu: lol cool.
00:33:06 mircea_popescu: Gerard E. Lynch, southern new york kicks so much ass he will be hereby introduced into bitcoin's public record. he says :
00:33:13 mircea_popescu: The Agreement provides that in the event of termination, no party shall be liable beyond the specific liabilities imposed in the Agreement (i.e., the termination fee), except ?that no such termination shall relieve any party ? from any liability or damages resulting from the wilful and material breach ? by a party of any of its representations, warranties, covenants or agreements set forth in this Agreement.? (
00:33:14 mircea_popescu: Agreement ? 7.02; emphasis added). J&J argues that defendants? conduct was ?wilful.? Whether a factfinder could so find depends on the meaning of that term as it is used in the Agreement. While defendants argue that a breach is only willful if it is committed with malice or in bad faith, plaintiff [J&J] contends that ?wilful? merely means ?intentional.?
00:33:35 mircea_popescu: In support of their argument that the Agreement preserves liability only for malicious breaches, defendants argue that the word ?willful? would be unnecessary unless it meant ?malicious.? There is no reason to limit liability to breaches that are intentional, they claim, because any breach of this Agreement would be intentional??[h]eavily counseled parties to mega-mergers do not breach merger agreements out
00:33:35 mircea_popescu: of inadvertence, negligence, or mistake.? (Guidant/BSC Reply 5.) As a factual matter, this claim is questionable. It could just as well be said that heavily counseled parties to mega-mergers do not sign merger agreements containing glaringly ambiguous terms that lead to avoidable litigation?but here we are.
00:36:24 jurov: too dense text.. causes timeouts :D
00:38:40 jurov: "Your Honor, it was not malicious, just intentional"
00:40:48 Doctor_Andonuts: ThickAsThieves, you around? I got a question.
00:41:15 Doctor_Andonuts: n/m, I am dumb... i got it figured out
00:42:13 jurov: these lawyers... ThickAsThieves, is your intent malicious, neutral, benefactory or completely misguided?
00:50:15 mircea_popescu: jurov lol.
00:50:20 mircea_popescu: o look, tat's not around ?
00:50:26 mircea_popescu: i didn't know that can happen.
01:02:04 Vexual: Eventually, McAfee loses his cool. "You know, something went wrong. Fifteen years ago, I had some beautiful software and they took it over. I don't know what they did," he says in the video. "It was like the time I hired that Bangkok prostitute to do my taxes while he f*cked my accountant. It was terrible. The same f*cking thing is going on now."
01:03:21 mircea_popescu: lolwhat ?!
01:03:41 Vexual: mcafee don't ask his lawyers anything, he tells them
01:04:54 mircea_popescu: link or something ?
01:05:08 ozbot: John McAfee Shows How to Uninstall McAfee Software in Bizarre NSFW Video
01:05:31 Vexual: that cat knows how to belize
01:08:19 mircea_popescu: duide for real ?!
01:08:28 Vexual: real as real
01:10:17 mircea_popescu: i didn't know he had such a nice voice.
01:10:52 mircea_popescu: omg bartholomew is in the labcoin lab of coins!
01:10:58 mircea_popescu: i can see the chips hashing pot in the distance!
01:15:57 mircea_popescu: anyway. good that rich people are starting to use the system for what it's actually useful : lolz.
01:16:15 Vexual: :)
01:22:27 jurov: mircea_popescu: sadly the things you wanted to be in bitcoin record were censored, check the log and kick kakobrekla
01:22:56 kakobrekla: wha?
01:22:58 mircea_popescu: o the horror.
01:23:05 mircea_popescu: well no matter, i shall remedy by my own hand!@
01:23:24 kakobrekla: is this a good time to run?
01:23:49 jurov: bad time to ask
01:24:32 kakobrekla: its never a bad time to ask
01:27:35 bgupta: mircea_popescu: Would bbet consider allowing bets to close more than one week before the "resolution date"? I think if that change were made it might draw out more "long shot" bettors early in the process, that just get overwhelmed by late betters when that long-shot becomes more of the high-probability outcome. (My anecdotal observations, see late betters just bet big and screw the early bettors despite th
01:27:36 bgupta: weighting algo). e.g. - the predicted difficulty level by a certain date bets. BTW - good change in bbet FAQ today.
01:28:03 benkay_: good evening
01:28:07 jurov: yes i think it does, it can be chosen
01:28:13 jurov: good night
01:29:22 mircea_popescu: http://fraudsters.com/2013/our-emperor-deliver-us/
01:29:23 mircea_popescu: here we go.
01:29:24 ozbot: Our Emperor, deliver us. pe fraudsters - Un blog de Mircea Popescu.
01:29:40 mircea_popescu: bgupta possibly, if it has a zeroconf.
01:36:13 JWU42: so - maybe YABMC finally comes to bitfunder afterall
01:36:16 JWU42: ;)
01:36:25 ThickAsThieves: whats a zeroconf?
01:37:21 kakobrekla: wager on bet proposition
01:38:17 ThickAsThieves: ah
01:38:43 ThickAsThieves: but does the interface allow to choose such?
01:39:09 ozbot: New BitBet
01:39:11 kakobrekla: PLACE YOUR BET ON:
01:39:11 kakobrekla: NO YES DON'T TAKE A SIDE
01:39:38 ThickAsThieves: sorry, not what i meant
01:39:39 mircea_popescu: you just put some btc on a side along with your bet,t hwere's an address there
01:39:41 kakobrekla: also tat, your rss is on
01:39:49 ThickAsThieves: my rss?
01:39:53 ThickAsThieves: oh
01:39:55 ThickAsThieves: the socket
01:39:57 ThickAsThieves: no
01:39:58 mircea_popescu: haha. it shall be known as tat.rss-pt
01:40:00 kakobrekla: um no
01:40:01 ThickAsThieves: i get it
01:40:03 ThickAsThieves: hehe
01:40:09 ThickAsThieves: the resolution rs
01:40:10 ThickAsThieves: s
01:40:13 ThickAsThieves: :)
01:40:16 mircea_popescu: also the closed/resolved headings are clickable
01:40:16 kakobrekla: you wanted resolved bets rrs iirc?
01:40:21 mircea_popescu: and lead to the search preset.
01:40:25 ThickAsThieves: wow
01:40:29 kakobrekla: rss*
01:40:33 ThickAsThieves: all teh updatez
01:40:37 ThickAsThieves: anywayu
01:40:41 ThickAsThieves: what i meant was
01:40:54 ThickAsThieves: bgupta asked about ending bets more than a week before resolution
01:41:00 mircea_popescu: yeah.
01:41:05 ThickAsThieves: i asked if interface allows that
01:41:22 ThickAsThieves: it stops at 7
01:41:28 mircea_popescu: 2 to 7 iirc.
01:41:32 Vexual: i do enjoy your writing mp
01:41:33 kakobrekla: what you thought it goes over 11?
01:41:46 ThickAsThieves: well thats what bgupta asked
01:41:47 kakobrekla: but on a serious note
01:41:54 kakobrekla: we didnt think more is needed at the time
01:41:57 ThickAsThieves: he wants custom bet close dare
01:42:00 ThickAsThieves: date*
01:42:04 ThickAsThieves: far from resolution
01:42:05 mircea_popescu: right now you could make a bet that resolves on the 29th
01:42:11 mircea_popescu: and bets close 2 days before resolution
01:42:12 kakobrekla: how far
01:42:20 ThickAsThieves: any amount
01:42:32 kakobrekla: any amount of far
01:42:37 ThickAsThieves: for eexample
01:42:42 mircea_popescu: i dun think i am following this
01:42:50 mircea_popescu: and how do you know what he wants in the first place ?!
01:42:56 ThickAsThieves: if you wannt bet that BTC/USD will be $500 before June 1 2014,
01:42:57 mircea_popescu: bgupta explain yourself! lol
01:43:03 ThickAsThieves: and close it Jan 1
01:43:12 ThickAsThieves: the point being
01:43:21 mircea_popescu: Vexual ty./
01:43:25 ThickAsThieves: the close it gets, the more weighting ruins early betters
01:43:32 ThickAsThieves: while people watch price slowly go up
01:43:37 kakobrekla: they want larger amount of far between closing time and resolution
01:43:39 mircea_popescu: you can set end weight to anything you wish, like 95k
01:43:50 ThickAsThieves: correct kako
01:44:12 mircea_popescu: and how does werighing ruin early bettors ?!
01:44:36 ThickAsThieves: well if no more bets are allowed, no more weight is lost
01:44:50 ThickAsThieves: we just wait for bet to resolve after a certain point
01:44:54 ThickAsThieves: rather than allow more
01:44:58 kakobrekla: i dont like too much bets stuck in 'closed' limbo , there has to be some limit to it, but i can see raising it
01:45:19 bgupta: mircea_popescu: well for example, any bet that resolves end of this year, betting can currently only close on xmas day. (or if the net resolves early.) e.g. XYZ will happen in 2013. If the probability of outcome changes drastically between the start of betting and the closing of betting, those that bet early on the low probility event kinda get screwed by people piling on one it looks more like a sure thing,
01:45:20 bgupta: despite the weighting.
01:45:26 mircea_popescu: ThickAsThieves i don't understand that at all.
01:46:01 bgupta: I'd say the compromise would be a minimum betting window.
01:46:07 mircea_popescu: bgupta let's be abstract here. the risk over time functional is probably not a polynomial, but something more c omplex, perhaps even discrete. the weight is linear. obviously these won't match
01:46:09 bgupta: say a month or so.
01:46:16 mircea_popescu: as in, the real risk over time will dip under or over
01:46:40 mircea_popescu: originally i had in the draft for this thing an ability for the bettor to introduce an arbitrary weigh curve, and the site to interpret that functional.
01:47:14 ThickAsThieves: i think it's overthinking it, and kako's comprmise might cover it
01:47:21 mircea_popescu: the problems were that this is not straightforward to do (as good notation is something maybe half the math grads understand, and wysiwyg notation of curves we don't have yet on computers, in spite of 50 years of efforts started at parc)
01:47:25 ThickAsThieves: just allow like 60 days or somesuch
01:47:37 mircea_popescu: you'll end up with one longass dropdown
01:48:15 benkay_: splines in photoshop are pretty good
01:48:24 benkay_: (most vector programs, iirc)
01:48:31 mircea_popescu: can you type that in cli style ?
01:48:51 mircea_popescu: or have bitbet come with matlab client lol
01:49:01 benkay_: solidworks lets you put in radii and coefficients
01:49:07 Ukyo: jcpham: hm, what do you want to foundation to do? :P
01:49:56 ThickAsThieves: while youre being so receptive, might i suggest bet escrow
01:50:19 ThickAsThieves: two guys talk shit, wanna make a bet? yeah let's make one on bitbet!
01:50:25 bgupta: Yeah you'd have the issue of a bunch of unresolved bets, but I think that could be dealt with on the UX side. (Custom weighting could help, but it doesn't solve the issue, it just means late bettors would have to bet even more, which could work I guess, but makes the math required, more conplex for users.)
01:50:29 mircea_popescu: on the grounds that there exists something more credible than me holding it, except we've not yet discovered it./
01:50:35 mircea_popescu: how do you propose to escrow ? mtgox ?
01:50:37 Doctor_Andonuts: Anyone know the best way to reach burnside? I have a google auth reset on my account (says it takes 30 days) so I cant move any of my shares around =(
01:50:51 Vexual: bottom of a bottle
01:50:57 mircea_popescu: Doctor_Andonuts i'd be surprised if you can reach him atm.
01:51:10 mircea_popescu: ThickAsThieves or you meant private bets ?
01:51:22 ThickAsThieves: man to man
01:51:32 ThickAsThieves: whether public can see is optional
01:51:33 mircea_popescu: we have some drafts of that being worked on.
01:51:39 ThickAsThieves: cool
01:51:43 Doctor_Andonuts: Yeah, thats what I am afraid of. I might have to wait the 30 days I guess?
01:51:47 mircea_popescu: it's a little more complex upon consideration than it seems, but i think something might come of it.
01:52:22 ThickAsThieves: just have a wallet that waits for two predefined deposits, if one isnt filled, it gets refunded
01:52:34 ThickAsThieves: resolution is the hard part
01:52:36 ThickAsThieves: :)
01:53:00 bgupta: I'll add a +1 on the bet escrow idea, but I really want the feature to have bets close to new bets further out than 7 days before the resolution date. (Consider it a feature request, that I would use if implemented.)
01:53:10 mircea_popescu: more problems than that. suppose A wants to bet B that he has sex with C.
01:53:19 Doctor_Andonuts: Dang, the Activemining transfer time limit ends in a week and I can't get on my account because of google auth problems
01:53:38 mircea_popescu: bgupta oh i finally get what you mean. it's further IN than 7 days (ie, closer to the current date than the 7 days allow)
01:53:46 bgupta: YES
01:53:50 mircea_popescu: o i see.
01:54:10 mircea_popescu: kakobrekla do you suppose that dropdown could be replaced with a type-in field prepopulated with a default ?
01:54:20 mircea_popescu: and make it go now + 2 days bet close -2 days as limits
01:55:07 kakobrekla: hm ok
01:55:17 ThickAsThieves: of course the big request in the room is, bitbet naming it's own odds and hosting bets
01:55:28 ThickAsThieves: its*
01:55:49 mircea_popescu: why would the free market want to have a central planner ?
01:55:51 ThickAsThieves: and then tradeable bet shares
01:56:02 ThickAsThieves: this isnt the free market
01:56:03 mircea_popescu: o o i see, it's really "pls to give us free liqudity"
01:56:19 ThickAsThieves: it's entertainment or a service
01:56:45 Vexual: I want some of that A B C action
01:56:45 mircea_popescu: well, maybe the us tradition is to destroy the free market by repackaging it as entertainment or a service. but bitcoin is against that.
01:57:07 ThickAsThieves: maybe, but you'd make more money
01:57:26 mircea_popescu: i don't want to make more "money". i want to make actual money in an environment it's worth living in.
01:57:39 ThickAsThieves: one step at a time!
01:57:52 mircea_popescu: im a radical.
01:57:57 Vexual: lol
01:58:07 ThickAsThieves: THAT'S the word i was lookin for
01:58:23 ThickAsThieves: was trying to find a term for you in a conversation today
01:58:38 ThickAsThieves: asshole meanie, just isnt fair
01:58:53 mircea_popescu: vitriolically radical.
01:58:58 Vexual: ooh
01:59:09 benkay_: reactionary isn't half bad, but it's not the whole picture either
01:59:41 ThickAsThieves: surely there's a perfect school of philosphy that applies as well
01:59:55 Vexual: life?
02:00:11 ThickAsThieves: nah like existentialism or such
02:00:46 ThickAsThieves: WAY of life, not just life
02:01:01 ThickAsThieves: that's called buddhism :)
02:01:53 Vexual: how does marx read with bitcoin in mind?
02:02:55 mircea_popescu: Vexual poorly.
02:03:35 Vexual: :) i havent attempted it
02:03:46 ThickAsThieves: maybe one day we'll have popescuism
02:04:20 mircea_popescu: sounds awful doesn't it.
02:04:39 mircea_popescu: besides, there's no sartreism either.
02:04:41 ThickAsThieves: i can live with it
02:04:56 benkay_: it's a realistic view of the world rooted in lots of study and experiencing the transition from communism with an intact brain
02:05:30 ThickAsThieves: 314 btct.co related emails so far today...
02:05:55 mircea_popescu: i tend to agree. people especially sheltered/bored english speakers managed to miss out on a lot of otherwise illuminating and instructive experience./
02:06:09 mircea_popescu: ThickAsThieves "you are ill equipped to interact straight..."
02:06:36 mircea_popescu: to be fair, i got some mail on the topic too. a few people wanting to know if i hitch seat rates again.
02:07:06 ThickAsThieves: mine were asked for
02:07:12 ThickAsThieves: to be fair
02:07:20 mircea_popescu: a
02:07:35 ThickAsThieves: BTCOxygen leo is looking for you
02:07:43 ThickAsThieves: yer in trouuuuuuuble
02:07:58 mircea_popescu: https://pbs.twimg.com/media/BU40U9wCAAEuMvE.jpg:large
02:08:06 mircea_popescu: i remember the days hillary was kinda pretty.
02:08:13 mircea_popescu: i guess im fucking old.
02:08:17 ThickAsThieves: lol
02:08:28 Vexual: hillary had monica 1st
02:08:31 ThickAsThieves: the daughter was on jon stewart
02:08:38 ThickAsThieves: Chelsea
02:08:38 VanCleef: hill dawg
02:08:44 ThickAsThieves: she's tough to look at
02:08:47 ThickAsThieves: nice hair though...
02:09:15 Vexual: wow
02:09:23 ThickAsThieves: hilary was def cuter than clesea
02:09:26 mircea_popescu: she's got that golden retriever look in her eye
02:09:27 ThickAsThieves: chelsea*
02:09:30 mircea_popescu: makes great women.
02:09:39 Vexual: a golden retriever that REALLY wants the ball
02:10:05 mircea_popescu: yeah
02:10:20 ThickAsThieves: has knc shipped yet or what?
02:10:21 Vexual: love dem gogetters
02:10:32 ozbot: Are Bitcoin securities Legal?
02:10:44 VanCleef: no
02:10:47 mircea_popescu: amazing question.
02:10:55 the20year3: Michelle filing for divorce again?
02:11:01 bgupta: mircea_popescu: This is an extreme example, and not the bet I want to propose but one example of such a bet would be: "btc/usd will trade above 1000 USD on XYZ exchange before the end of 2014" and have that bet close for betting Jan 1st 2014. Currently betting yes on that might be considered a bit of a long shot. But if btc came close to trading near 1000 USD any time before Dec 24th 2014, folks would pile o
02:11:02 bgupta: YES, and then the early bettors would have their winning majorly diluted.
02:11:14 bgupta: Another example would be structuring a sports bet that closes for betting at the beginning of a season, but resolves at the end of a season. I think enabling these kinds of bets would bring in more betters, at the cost of holding onto their btc for a long time, and dealing with a potentially large book of unresolved bets.
02:11:56 the20year3: interesting
02:11:59 ThickAsThieves: the only issue i see
02:12:01 mircea_popescu: the sports example makes plenty of sense.
02:12:03 ThickAsThieves: is that bet volume is low
02:12:14 mircea_popescu: the other one has even odds to work eiother way. i say this from experience :
02:12:21 ThickAsThieves: so you wait months to get your .2 btc back
02:12:26 mircea_popescu: people pile on whether it is advantageous or disadvantageous to them
02:12:46 mircea_popescu: ThickAsThieves here's the thing : even longshot bets provide better interest than what you can get on reasonable loans
02:12:49 mircea_popescu: and for much less risk.
02:13:02 ThickAsThieves: i suppose
02:13:06 mircea_popescu: people just need to get used to the fact that this game has a longer timeline than a few months.
02:13:30 ThickAsThieves: hard to feel that way with new drama every 2 weeks
02:13:40 Vexual: my online bookie rounds up winnings on 1c bets
02:13:57 ThickAsThieves: but i get it
02:13:58 mircea_popescu: well.. i'm patient apparently.
02:14:02 ThickAsThieves: you wanna be the rock
02:14:03 the20year3: the btc crowd is shortsighted? me shocked
02:14:07 Vexual: 1.5 becomes 2 and they pay out 87% on average
02:14:10 mircea_popescu: still, a 20% locked in interest over 100 btc for a year is a great deal.
02:14:19 mircea_popescu: if you can trust the issuer.
02:14:20 the20year3: Yes
02:14:34 mircea_popescu: on the other hand, 7% a week is a bad deal.
02:14:43 mircea_popescu: even if you do make 7% a few weeks.
02:14:43 the20year3: Who has 7%/wk?
02:14:47 bgupta: heh
02:14:50 mircea_popescu: the20year1 old history.
02:17:23 ozbot: New BitBet
02:18:04 bgupta: do the "new bets" show up on "old bitbet"?
02:18:29 mircea_popescu: bgupta uh ?!
02:19:05 bgupta: ah sorry
02:27:18 Vexual: fighter jets buzzing hard here
02:29:10 the20year3: where is here?
02:29:13 the20year3: kenya?
02:29:19 Vexual: australia
02:29:29 the20year3: Maybe chinese trawlers?
02:29:33 Vexual: superhornet, its the iphone 5 of warfare
02:29:42 mircea_popescu: i didn't know jets grew in australia
02:29:43 the20year3: At least for countries that have money
02:29:45 mircea_popescu: is it some kind of spider ?
02:29:58 the20year3: it's a relatively decent aircraft
02:30:20 mircea_popescu: you don't mean the light aircraft do you ? :D
02:30:28 Graet: we import jets
02:30:31 the20year3: It's a all-purpose aircraft
02:30:32 Vexual: no theyre prettyy much the business
02:30:45 the20year3: Austraila doesn't have any domestic military jets that I'm aware of
02:30:46 Vexual: we bought about 20 from the yanks
02:30:58 Graet: esier to buy than develop
02:31:02 mircea_popescu: there was this ultralight kit you could buy
02:31:19 the20year3: Aircraft development is getting more and more bloated
02:31:22 the20year3: Look at the F35 :(
02:31:27 Vexual: are yo mechanically minded mp?
02:31:38 mircea_popescu: what's that mean ?
02:31:43 mircea_popescu: i would hope im organically minded.
02:31:48 Vexual: could you build a plane?
02:31:54 Vexual: yes
02:31:55 mircea_popescu: in principle.
02:32:06 mircea_popescu: well... a kit wtf. its made to be easy.
02:32:11 Vexual: aircarft are pretty cool
02:33:48 Vexual: ive hard a low altitue superhornet on the edge of sound
02:33:49 benkay_: but a jet?
02:33:52 benkay_: i want a jety.
02:33:55 Vexual: *heard
02:33:58 benkay_: jet*
02:34:07 Vexual: those thongs dont even need guns
02:34:07 benkay_: i don't want a jet so much as to fly one briefly
02:34:38 benkay_: anyways jets are doomed
02:34:47 kakobrekla: arent we all
02:34:48 benkay_: clog the intakes with disposable smart rockets
02:35:07 the20year3: how are they doomed?
02:35:07 benkay_: slash mini jets
02:35:15 benkay_: cost horrendous amounts of money
02:35:19 mircea_popescu: so ?
02:35:25 the20year3: And have lower maintenence than props
02:35:28 Vexual: a prop plane is fast enough
02:35:35 benkay_: sorry, jets in current form
02:35:37 the20year3: and more expensive in the long run for larger haulers
02:35:42 benkay_: huge thing carrying a human
02:35:47 Vexual: unless you want to scare the shit out of people
02:35:49 benkay_: moronic idea
02:35:49 mircea_popescu: well everything in its current form is doomed
02:35:55 the20year3: huge thing carying international cargo that needs to be there quickly
02:36:14 benkay_: in the context of air space control, i believe the context was the20year3
02:36:28 mircea_popescu: anyway, yes drones will take over ww2 style fighter jetsd
02:36:54 the20year3: Military? Possibly, but the problem with drones is that if there's a GPS or general satellite failure the entire fleet is screwed
02:36:54 mircea_popescu: for the same reason nobody played invaders while physically located in the little ship
02:36:57 benkay_: and make neat inroads on urban territory control too
02:37:08 benkay_: nah we just don't have good local mapping yet
02:37:13 the20year3: With decent resources (nation state) you could wipe out the entire US drone fleet in the course of 4-5 hours at a cost of $250m or less
02:37:18 mircea_popescu: the20year3 a drone doesn't HAVE to fly gps.
02:37:41 the20year3: Sure, they can use INS, but it's not nearly as good as GPS, and almost everything now is GPS guided
02:37:46 benkay_: *sigh*
02:37:49 benkay_: no vision.
02:37:50 mircea_popescu: not what i meant.
02:38:02 benkay_: SLAM my friend the20year3
02:38:03 mircea_popescu: eventually memory will get small enough you can have a mn sq miles of detailed map in the thing
02:38:08 mircea_popescu: it just pilots like humans do.
02:38:09 the20year3: The US is pulling most of our LGBs out of service and replacing them with Jdams which become pretty poor weapons after GPS failure
02:38:18 benkay_: simultaneous location and mapping
02:38:27 the20year3: What drone is capable of firing a slam?
02:38:34 benkay_: derp a slam
02:38:43 benkay_: slam is a navigation technique
02:38:47 benkay_: involving mapping
02:38:49 benkay_: and locating
02:38:52 benkay_: simultanously
02:39:07 the20year3: i thought you were talking about the AGM84E :D
02:39:27 benkay_: anyways
02:39:36 benkay_: there's lots of room for improvement there
02:39:49 benkay_: involving multiple sensing nodes and a distributed mapping whatever
02:39:53 the20year3: Sure, granted the system the US has in place now is pretty awesome...........But the problem is , it's still easy to knock out the US data systems
02:40:11 the20year3: Heck the terrain mapping systems we had in the 70s were amazing too
02:40:33 Vexual: an old cessan and a genious mechanic is the best way to get into aircraft, get the one with the back seat
02:40:37 the20year3: But, my biggest worry is that we're building a managot line in the sky with drones & GPS
02:40:58 mircea_popescu: lol the harpoon thing ? that's like half a ton
02:41:15 mircea_popescu: the20year3 maginot.
02:41:24 the20year3: oops
02:41:36 Vexual: an aircraft mechanic is like a tatoo artist, if you're gonna go there, do it right
02:41:55 benkay_: bunkers are somewhat immovable yes
02:42:07 benkay_: and the us military actually lacks the vision to build tomorrow's armed force
02:42:21 benkay_: i think i would be an excellent armsmith
02:42:41 benkay_: maybe when things deteriorate properly here i'll move down to ars and build out mp's robo-stockade
02:42:55 mircea_popescu: well that'd definitely be a fun thing
02:43:02 benkay_: now that btctc's dead i can't ipo a robo defense platform after all :(
02:43:06 the20year3: ars?
02:43:06 mircea_popescu: the desktop pewpewpewer
02:43:14 benkay_: yeah man
02:43:16 benkay_: any day
02:43:21 benkay_: not going to romania
02:43:30 the20year3: It's extremely difficult to produce quality arms in the US , unless you grease pockets the right way you can't develop
02:43:37 the20year3: I'm not sure what ars means
02:43:41 benkay_: would build that for the room and board
02:44:41 mircea_popescu: well you'd probably need very finely machined parts
02:44:50 Vexual: chicks dig planes
02:44:59 mircea_popescu: but i'd definitely ipo a corp that i judged had a serious shot at making it
02:45:55 benkay_: i think i'd go for cheap parts actually
02:46:14 Vexual: are you talking about making uns?
02:46:17 benkay_: and selectively buy the right ones
02:46:22 benkay_: not guns specifically
02:46:25 ozbot: Introducing the world's smallest gun that fires deadly 300mph bullets - but is just TWO inches long
02:46:27 mircea_popescu: small bore guns have been made
02:46:42 benkay_: yup :)
02:46:47 mircea_popescu: Vexual http://fraudsters.com/2013/since-you-boys-are-printing-tanks-now/
02:46:47 benkay_: 3d printing is a thing
02:47:11 the20year3: 300mph? lol
02:47:11 kakobrekla: lol what a giant hand
02:47:54 Vexual: make food, you'll make more money and feel better about it
02:48:02 the20year3: 300mph is barely enough to break your skin
02:48:34 benkay_: fuck making more food
02:48:39 benkay_: more food is the problem with this planet
02:48:46 kakobrekla: well the needle doenst have to go 300 to break your skin
02:48:47 benkay_: too many goddamn people thriving on too many cheap calories
02:48:52 Vexual: good food
02:48:58 benkay_: hm
02:48:59 the20year3: There isn't a food problem in the world, there's a corrupt government destroying agriculture problem though
02:49:01 benkay_: doesn't scale well
02:49:12 Vexual: dont need to scale
02:49:27 benkay_: for your requirements
02:49:31 benkay_: i have someone who does that
02:50:31 [\]: 3.2 for asicminer?
02:50:37 Vexual: yep hit it
02:50:39 [\]: wasnt it just at 1.3 or something?
02:51:04 mircea_popescu: [\\\] it varies.
02:51:10 [\]: obviously
02:51:13 Vexual: snooze you loose
02:51:14 bgupta: option exercise perhaps?
02:51:57 the20year3: Meh
02:52:17 the20year3: Is the author of that article suggesting we replace agricultural products with synthetic foodstuffs?
02:53:37 mircea_popescu: the author is pointing out that the replacement is hardly optional.
02:54:32 Vexual: there will always be a market for quality
02:54:40 the20year3: Correct
02:55:13 mircea_popescu: this is true, in the sense there's currently a market for child sex slaves.
02:55:16 the20year3: vitro meat looks interesting
02:55:58 the20year3: But, so does some of the new ultra productive crop variations
02:56:18 Vexual: im not excluding large scale agriculture
02:56:59 Vexual: best practice is currently relatively simple
02:57:10 Vexual: this wont stay the same
02:57:24 mircea_popescu: by the time chem inc is done with it, large scale agriculture stands with agriculture roughly in the relation diocletian's republic stood with the republic.
02:57:30 mircea_popescu: sort of like furniture improved by termites.
02:57:47 the20year3: We'll see
03:00:55 benkay_: you actually want more humans, the20year3?
03:01:15 the20year3: On earth?
03:01:34 benkay_: yeah
03:01:41 the20year3: Doesn't bother me either way
03:02:21 the20year3: Although i'd be happier if the median living standard of the average person in the world was higher than it is today. And from what I figure that can only be accomplished with educating people on a worldwise basis of how to be productive
03:02:35 Vexual: wrong
03:02:43 benkay_: how do, Vexual?
03:03:02 mircea_popescu: nah, the living standards are much too high.
03:03:06 benkay_: whaddaya mean?
03:03:09 Vexual: theres history of people going into third world countries and teaching best practice
03:03:10 kakobrekla: its not smarter people we need its smarter robots
03:03:16 mircea_popescu: ideally about half the population should experience hunger outside of their own control a day a week.
03:03:52 the20year3: do you regularly do that mircea_popescu
03:03:53 mircea_popescu: currently this is less than a tenth.
03:03:59 Vexual: hey heres a new variety we made, and put some charcoal on your crop, cya!
03:04:02 mircea_popescu: the20year3 "the" ?
03:04:13 mircea_popescu: i mean that lol. what that ?
03:04:26 Vexual: 20 generations of knowledge fucked uot the window
03:04:30 the20year3: do you regularly experience hunger beyond your control
03:04:47 Vexual: i do
03:04:47 mircea_popescu: this is specifically to directly and clearly enforce their inferiority to me and my superiority to them.
03:04:58 mircea_popescu: it's not a "we're all the same", quite the contrary. we are unlike.
03:05:13 Vexual: everyman can feel hungry
03:05:16 the20year3: What do you base this on?
03:05:41 mircea_popescu: the20year3 i don't base it on anything. challenging it should be based on things.
03:05:45 mircea_popescu: many many things.
03:06:06 mircea_popescu: Vexual sure, they can. some should. not all ever will. hierarchy, thus happiness.
03:06:23 Vexual: i dont eat and walk far just to feel human
03:06:24 benkay_: human rights are bullshit
03:06:29 benkay_: fabrications
03:06:32 jcpham: jesus heals though
03:06:34 benkay_: the only reality is power
03:06:39 mircea_popescu: human rights exist against the state, not against nature.
03:07:10 the20year3: Vexual: which examples are you referring to?
03:07:22 Vexual: whit regards to what?
03:07:32 the20year3: 20 generations of knowledge out the window
03:07:37 Vexual: africa
03:07:47 mircea_popescu: probably all he actual agricultural knowledge, fucked by superior industrial methods.
03:07:49 the20year3: In regards to what , colonial knowledge?
03:07:56 Vexual: think hard before you donate to any charity
03:07:59 mircea_popescu: and for the record europe's no different.
03:08:00 the20year3: mircea_popescu: how many farms do you deal with?
03:08:08 mircea_popescu: what's "deal with" mean ?
03:08:18 the20year3: Personally interacting with farmers and land
03:08:26 mircea_popescu: i dunno, a dozen or two ?
03:08:32 Vexual: you in ag?
03:08:33 mircea_popescu: something like that depending how you define it.
03:08:38 mircea_popescu: nope. i just eat healthy.
03:08:46 the20year3: Because locally i'm seeing trends towards farm automation
03:08:57 mircea_popescu: for instance yest i made a pot of beans out of a leg of pork smoked the classical way.
03:08:59 the20year3: Automatic harvesting of crops, and the like, making it significantly more efficient and effective
03:09:15 the20year3: Why aren't you consuming a diet of pure chemicals?
03:09:17 mircea_popescu: it does, sure. but i don't care, i have money and i don't believe in feeding everyone.
03:09:32 mircea_popescu: the20year3 im not the guy comparing prices in asda you realise ?
03:09:44 mircea_popescu: that doesn't change the fact that "20p cheaper" is actually a criteria directing lives.
03:10:09 the20year3: For some yes, but not everyone is price driven
03:10:30 mircea_popescu: your argument runs into the very ample majority of price argumentation in the fcmg sector.
03:10:45 mircea_popescu: fmcg*
03:11:17 the20year3: If FMCG was entirely price dictated, there would be no premium products or brands
03:11:40 mircea_popescu: but the argument is not to entirely, the argument is to majority.
03:12:00 the20year3: That the majority of people choose price over performance?
03:12:26 mircea_popescu: most people buy by price, with tiny fluctuation restructuring their consumption. this pushes producers to control costs, which leads to substitution, of actual ingredients with chemically derived erszatz.
03:12:39 the20year3: If that was true, Faygo and commercial grade beef would be king in the US
03:12:55 mircea_popescu: so therefore, as an economic agent, if you can replace the nicely smoked leg of pork with some pink goop, you have to.
03:12:56 the20year3: But , last time I checked ,faygo did a fraction of what Pepsi and Coca-cola do
03:13:09 mircea_popescu: the us is a 300mn market in a 8bn ocean.
03:13:38 mircea_popescu: and i don't grok the pepsi notion. you can't be telling me pepsi is anything but "the cheapest drink we can make" ?
03:13:51 the20year3: it's about 5x the price of budget drinks in the US
03:13:57 benkay_: tee.
03:13:59 mircea_popescu: that changes nothing.
03:14:05 benkay_: soda is the new beer
03:14:11 benkay_: obesity is the new mass drunkenness
03:14:25 mircea_popescu: well beer is really the new soda, by now they're no longer even fermenting it. just flavouring soda with "beer".
03:14:39 benkay_: in some places i suppose
03:14:45 the20year3: Good thing the rest of the world is catching up to us here in the US
03:14:50 benkay_: actually for everyone i guess
03:14:53 the20year3: (In terms of obesity)
03:15:07 benkay_: obvious effect of feeding the world on liquid corn
03:15:07 mircea_popescu: did yousee that article showing animals catching up to ? marmosets etc ?
03:15:20 benkay_: mircea_popescu: wat
03:15:35 mircea_popescu: ;;google obesity marmoset rats
03:15:46 mircea_popescu: the last one
03:16:41 Vexual: im off to buy one cocked chicken, comprising of one chicken, and six bottles of beer comprising water, 18 grains of barley and an amount of sugar
03:17:04 the20year3: Maybe I can buy that new liquid drink that can sustain life for $9 a day
03:17:30 benkay_: pump the environment full of estrogen-like plastic byproducts
03:17:33 benkay_: what could go wrong
03:17:34 mircea_popescu: cocked ?!
03:17:51 benkay_: spatch cocked?
03:18:17 mircea_popescu: in othere news, "British Child Sex Slave, 11, had her butt branded with an ?M? for Mohammed, her Muslim captor"
03:21:22 VanCleef: dont be sick in the head
03:22:53 mircea_popescu: hey, it's the daily mail.
03:28:45 the20year3: `sex slavery is extraordinarily popular
03:29:16 mircea_popescu: apparently it's a muslim thing.
03:29:22 the20year3: Nope, it's a worldwide thing
03:30:01 the20year3: Although i haven't seen any societial/religious breakdowns, the stats I've seen seem to indicate it's worldwide and not contained very much by boarders and people groups
03:30:11 mircea_popescu: a worldwide thing in muslim places.
03:30:19 mircea_popescu: from cambodgia to south africa
03:31:59 the20year3: to the US , canada and the UK
03:32:23 mircea_popescu: right.
03:32:45 the20year3: I know in my small town of 10k there was a sex slave ring busted that resulted in 20 girls being released
03:36:05 benkay_: there is a markedt
03:36:10 benkay_: it doth hunger
03:43:12 Vexual: also buzinbg here boss of helicopters, single rotor, attack/tarnsport, dont know keywoprd
03:44:12 Vexual: m10???!?!?!
03:44:17 Vexual: theyre boss
03:44:55 Vexual: shall we dissect the capitol input of my purchases?
03:45:31 Vexual: kinda senseless without a measure of output
03:48:59 Vexual: be vary wary of chairty
03:50:46 peterl: hi everybody
03:50:56 Vexual: its sad that one can' give money to an orphanage in cambodia without a thought
03:51:24 peterl: is Namworld here?
03:52:22 Vexual: but religion became philosphy then science and whatver all this is now, all the while, too much info
03:53:58 mircea_popescu: ;;seen namworld
03:55:19 Vexual: wanna see my coconuts?
03:56:04 Vexual: i really don't know what to do with them
04:04:50 ozbot: coconuts
04:40:09 ozbot: So Many Soldiers - YouTube
04:42:04 ozbot: Texas court overturns Tom DeLay conviction
04:42:12 mircea_popescu: so this is pretty good. us court finds cheques aren't money.
04:46:23 ozbot: Cruel Sea - You Better Get A Lawyer (Studio 22) - Tex Perkins/Beasts Of Bourbon related - YouTube
04:51:18 ozbot: the beach boys - fun, fun, fun - YouTube
04:55:33 Vexual: last one
04:55:38 ozbot: Kaoma - Lambada (HQ) - YouTube
04:56:23 VanCleef: till daddy took your bitcoin away
05:01:11 Vexual: feels good to buy wharfendales with ltcg protits
05:02:13 Vexual: i dropped dr dick yeaterday too, he must have had an anurism
05:02:27 Vexual: y? bcause i gotta!
05:03:09 Vexual: ok 1 more NSFW, crazy people only
05:03:51 ozbot: LEE PERRY AND THE SOULETTES...DOCTOR DICK. - YouTube
05:06:20 Vexual: dilemma
05:10:41 Vexual: dub it up for the trilemmas
05:13:26 Vexual: keep reading
05:14:14 benkay_: does anyone have experience with cryptocambios?
05:20:37 Vexual: whats cryptocambiso?
05:21:46 benkay_: ;;google cryptocambios
05:22:03 Vexual: is it running another blockchain so dirty money can be laundered?
05:22:07 benkay_: wasn't so hard now was it Vexual
05:22:41 Vexual: well i can google, but if its not a thing.
05:22:59 Vexual: its not athing
05:23:18 benkay_: on what metric?
05:23:44 Vexual: is it different fron laundrycoin?
05:24:13 Vexual: i didnt read. im being silly
05:24:18 benkay_: we can tell.
05:25:15 Vexual: consumer product for brazil? fill me in
05:26:22 benkay_: do you remember how this conversation started?
05:26:39 Vexual: everyone left argentina 5 years ago
05:27:41 benkay_: oh yeah?
05:28:53 mircea_popescu: yeah it's totally empty nao.
05:28:56 mircea_popescu: population 18
05:30:09 Vexual: gold watches aint money
05:31:07 Vexual: and not veryone can drive f1
05:31:52 benkay_: i'd be content in this case with a jeep
05:32:01 benkay_: something well made
05:32:15 benkay_: probably of the hand-to-hand in a cafe sort
05:32:18 Vexual: are jeeps made in argentina?
05:35:11 Vexual: good point tho mp, peple who are someone oft fly low
05:36:16 Vexual: i noticed some middel class sxodus
05:37:54 Vexual: its all eq seculative conjecture tho, got no metrics
05:39:41 Vexual: too much info, not enough brains
05:42:27 Vexual: physics and english
05:43:57 benkay_: no thermo?
05:44:16 Vexual: thats physics
05:44:53 benkay_: :)
05:44:54 ozbot: Tenor Saw - Ring The Alarm - YouTube
05:49:30 Vexual: this ones for mp
05:49:41 ozbot: Barrington Levy - Broader Than Broadway - YouTube
05:53:51 Vexual: extra spice, extra nice
05:58:49 Vexual: srtaya
05:59:01 ozbot: aussie-bogan-headbutts-windscreen-1.wmv - YouTube
06:04:04 dub: fuckin straya cunt
06:04:22 Vexual: context now
06:05:13 ozbot: Jimmy Barnes - Khe Sanh - YouTube
06:05:14 benkay_: strayn
06:05:38 dub: fucken strayns
06:05:50 dub: poor, poor sheep and various farm animals
06:06:58 Vexual: 200 years aint shit
06:09:06 Vexual: leo might find his sydney atm dissapears
06:19:21 Vexual: put a bunch of theive on an island and let em breed
06:20:09 ozbot: Billy Bunks - Devil's Clay - YouTube
06:22:54 ozbot: Briggs - Rapper Tag #7 - YouTube
06:25:28 Vexual: hunter is dead from ass cancer, so i play this instread
06:29:36 ozbot: Mad Max - YouTube
06:36:24 Vexual: suffering for my art
06:50:55 ozbot: Yes Sir Boss ft Joss Stone - Come Together - YouTube
06:56:26 ozbot: Dolly Parton - Coat of many colors - YouTube
06:59:57 ozbot: Willie Nelson and Shania Twain, Blue eyes crying in the rain - YouTube
07:05:35 ozbot: The Beatles- The Walk (Complete Version) - YouTube
07:08:24 ozbot: Hit the road Jack - YouTube
07:13:02 ozbot: Afroman - Hungry Hustler - YouTube
07:19:58 ozbot: Sarah Blasko - Hey Ya (OutKast cover) - YouTube
07:23:16 ozbot: I was only 19 - YouTube
07:28:59 ozbot: Stone Roses - Fools Gold(Full Version) - YouTube
07:44:35 Vexual: i fyour lawyer cant pretect your income, how can they prectect your freedom
07:44:52 Vexual: god luck ethan
07:45:18 ozbot: (What's the Story) Morning Glory FULL ALBUM-OASIS - YouTube
08:23:51 ozbot: Spiderbait - Four On The Floor - YouTube
08:29:44 ozbot: Chopper at Neville Bartos (The Movie) - YouTube
08:37:02 Vexual: no cash
08:37:37 p2pool88: here is radio nairobi
09:04:32 San1ty: Hey guys, Any news on the AM-PT asset on btc-tc is everything going back to FC?
09:07:31 Ogedei_: back to direct shraes or havelock prolly
09:07:37 Ogedei_: acording to FC latest post
09:13:08 San1ty: Ogedei_: If I'd like to have them on Havelock with TaT, what procedure should I follow?
09:17:28 Ogedei_: got to wait theres no procedures yet
09:49:58 ThickAsThieves: Ogedei_ , There has been a process for converting ASICMINER-PT shares to AM1 shares on Havelock all along
09:50:40 ThickAsThieves: Please review the text for AM1 https://www.havelockinvestments.com/fund.php?symbol=AM1
10:22:26 ozbot: Spiderbait - Black Betty - YouTube
11:49:31 jurov: ;;bc,stats
11:49:46 jurov: oooh 30 nao
11:50:44 jurov: ;;calc 146*1.3*1.3
11:51:33 jurov: ;;calc 146*1.3*1.3*1.3
12:06:34 Scrat: ;;calc 1.3**30
12:31:17 jurov: ;;bc,stats
13:27:41 ThickAsThieves: ;;ticker
13:36:19 Scrat: ;;seen namworld
13:42:03 ozbot: How To Migrate Your ASICMINER-PT shares from BTCT to Havelock
13:55:04 San1ty: Ugh?
13:55:08 San1ty: Wow I'm still connected
13:55:10 San1ty: inet OP
13:56:58 thestringpuller: Namworld has disappeared heh...
13:58:23 kakobrekla: you got baked well by nam
14:00:41 thestringpuller: baked well?
14:00:44 thestringpuller: what's that mean?
14:01:05 jurov: or brendioed :D
14:04:39 thestringpuller: namworld is a new scammah?
14:05:58 kakobrekla: or ianized
14:06:22 ThickAsThieves: unlikely Namworld is scamming
14:06:44 kleeck: What sec doesn Namworld run?
14:06:55 MilkyLep: BitVPS
14:07:00 ThickAsThieves: he has a bind
14:07:03 ThickAsThieves: bond*
14:07:09 ThickAsThieves: a MPOE PT
14:07:12 ThickAsThieves: and a BBET PT
14:07:44 kleeck: thestringpuller, put up a bitbet. :)
14:07:51 VanCleef: i haven't been able to get in contact wtih him for the last 2-3 weeks
14:07:56 VanCleef: i think he's done a ziggap
14:08:00 ThickAsThieves: free money for namworld
14:08:13 kleeck: ^ that's the joke.
14:09:00 DiabloD3: speaking of which
14:09:03 DiabloD3: where is namworld anyhow
14:09:33 VanCleef: done a runner or something, noone can get in contact wtih him
14:09:50 DiabloD3: well
14:09:53 DiabloD3: its not like he can do anything
14:09:57 DiabloD3: dont blame him for ragequitting
14:10:17 DiabloD3: btc-mining will never get its money back from amazingrando
14:14:03 kakobrekla: yeah dont blame an idiot for being an idiot
14:14:05 kakobrekla: O_O
14:14:11 kakobrekla: blame yourself!
14:14:15 kakobrekla: O_o
14:14:41 jurov: butbut... what if yourself is an idiot?
14:15:05 kakobrekla: happens all the time
14:16:45 thestringpuller: Bitfunder is next
14:16:47 thestringpuller: we need a new bitbet
14:17:06 VanCleef: i think there's on there
14:17:12 VanCleef: well waiting for approval anyway
14:17:40 ThickAsThieves: "The Blood Runneth Over"
14:18:27 imsaguy: <thestringpuller> Bitfunder is next << ?
14:18:34 imsaguy: what's the drama there?
14:23:35 thestringpuller: " BitFunder will close down in a years time."
14:23:40 thestringpuller: there is no drama mang
14:23:44 thestringpuller: Betting is awesome!
14:23:52 thestringpuller: Oh how I love this channel.
14:24:10 Apocalyptic: <VanCleef> [16:09:35] done a runner or something, noone can get in contact wtih him // Nameworld ? really ?
14:25:05 jurov: at this point i'd say some people just like to spread panic
14:25:33 jurov: but if we won't see anything from namworld in 2-3 days, then it's true
14:25:54 thestringpuller: well smickles pretty much died
14:25:59 thestringpuller: but he's def. not a scammer
14:26:14 thestringpuller: People always call people who retire from the game scammors
14:26:35 Apocalyptic: meh, don't think this is true
14:26:55 Apocalyptic: only if you retire unclean
14:28:36 thestringpuller: Depends on the ethical implications in my honest opinions. Despite thieves being seen as criminals, I would say a thief stealing an insured diamond in a well planned heist, deserve their payout.
14:29:16 thestringpuller: work is work, I seriously wonder why there isn't more sabotage in BTC world
14:31:42 imsaguy: thestringpuller, there isn't?
14:32:07 Hisb0hla: نيروبي - بعد ظهر يوم السبت عندما اقتحم المهاجمون مركز التسوق ستغت في نيروبي، ان الفوضى عمت المكان في غضون ثوان. ركض الناس على حياتهم والجرحى والقتلى ملقاة على الأرض، رن مرارا رشقات نارية من أسلحة رشاشة. شهود عيان الذين يمكن الهروب من هذا
14:32:09 Hisb0hla: الكابوس، تقدم في تقاريرها سوى الفتات من الوضع. ولكن الآن أن الدراما رهينة تسحب في اليوم الرابع، الحسابات من الناجين لديهم استنتاج واحد على الأقل: تحولت المهاجمين متعددة في اللغة الإنجليزية للزوار مول خائفا وهذا على ما يبدو للسيطرة جيدة.
14:32:13 Hisb0hla: DISPLAY
14:32:18 Hisb0hla: بطبيعة الحال، يتم تدريس اللغة الإنجليزية والتحدث بها في أفريقيا. ومع ذلك، مقابلة وزير الخارجية الكيني امينة محمد يغذي التخمين، التي تنص على الأجانب مع أو بدون جذور الصومالية، شاركوا في الهجوم يمكن.
14:32:25 imsaguy: ugh
14:32:36 thestringpuller: fucking unicode characters
14:32:37 thestringpuller: my god
14:32:44 DiabloD3: its arabic
14:32:58 DiabloD3: only the US government uses arabic anymore =/
14:33:00 DiabloD3: damned spooks
14:36:57 kleeck: Hisb0hla. Subtle.
14:40:34 Scrat: jurov: he probably chose to take a few days off at the worst possible time
14:40:51 jurov: yes, like TAT
14:41:34 Scrat: and I owe him $$.$$$, why wouldnt he ask for it if he was scammin'
14:41:58 Apocalyptic: Scrat, cause he got way more
14:42:16 kakobrekla: to make you his accomplice
14:42:35 Scrat: he'll be back
14:47:13 thestringpuller: BTCTC recession!
14:47:17 thestringpuller: Liquidate yo assets
14:47:19 thestringpuller: hide your btc
15:12:28 phungus: BitVPS will come through this
15:12:33 phungus: just fine
15:12:34 phungus: :-)
15:12:48 phungus: heck of a deal on our shares now, all things considered
15:13:43 thestringpuller: I've been using a lot of BitVPS lately lolol
15:13:50 thestringpuller: I'm about to buy another instance
15:18:40 pankkake: are there plans for low-priced tiers? i.e. lowendbox stuff
15:19:21 phungus: sure are
15:19:23 phungus: OpenVZ
15:19:24 phungus: :-)
15:19:28 pankkake: hmm… I probably wouldn't use them anyway. I like EU servers with a *lot* of bandwidth
15:19:43 phungus: we have a Switzerland node but it's probably not super high bandwidth
15:19:53 phungus: someday we'll expand into EU a little more
15:20:36 pankkake: I wonder if getting featured on lowendbox is worth it. You're getting a lot of users which might actually ruin you support wise
15:20:58 pankkake: also openvpn is annoying, lack of tun/tap at least
15:22:29 phungus: we can do tun/tap
15:22:32 phungus: on openvz
15:22:35 phungus: you just havwe to ask
15:22:53 phungus: and I don't think we're on lowend box
15:23:01 pankkake: my main use is making my own vpn with dedicated IPv4 and 6, with at least 4 TB of traffic. not very common (by EDIS has the right plans for me) :)
15:23:05 phungus: we try to not advertise too much due to the support load
15:23:16 pankkake: lowendbox is like lower than $7/mo I think
15:23:34 pankkake: I like your SSD offerings though, they seem quite competitive
15:24:38 thestringpuller: pankkake: what business do you run
15:24:41 phungus: those are new for us, actually
15:24:45 phungus: the SSDs
15:24:50 thestringpuller: cookiechief.com is running on bitvps and I have no problem
15:24:52 pankkake: thestringpuller: the pankkake business of doing nothing
15:25:01 thestringpuller: haven't launched fully yet but it runs quick
15:25:06 thestringpuller: for little traffic
15:25:30 phungus: we've had our issues like any hosting company but we're at least trying to be responsive to customers. :-)
15:25:54 pankkake: thestringpuller: I'm a developer/sysadmin, but I am spending a lot of my time seeing doctors right now :/
15:26:03 arij: pankkake, the openvzs start at $5/mo
15:26:05 thestringpuller: phungus: do you think you'll use openstack at some point
15:26:08 arij: those prices are quarterly
15:26:15 pankkake: oooh
15:26:18 pankkake: dumb me
15:26:20 arij: the ssds are monthly
15:26:23 thestringpuller: yea it's like 4 dollars a month
15:26:26 arij: no, everyone thinks they are monthly lol
15:26:28 thestringpuller: for openvz
15:26:29 arij: :(
15:26:32 pankkake: maybe you should state them as per month too
15:26:42 pankkake: even sites that are yearly show the average per month
15:27:11 catssaymeow: nakowa playing on just-dice.com right now
15:27:16 catssaymeow: winning another 5000BTC
15:27:34 Apocalyptic: damn
15:28:47 phungus: thestringpuller: I would love to do Openstack. I work with it at my dayjob a lot. :-)
15:29:04 phungus: it takes significant resources to make a fully viable production environment work though
15:29:08 phungus: and then add in BTC billing...
15:29:22 thestringpuller: Yea I feel you I'm just wondering because I love openstack
15:29:38 thestringpuller: we used redhat vm's but we outscaled that at the CC processor I worked at
15:29:48 thestringpuller: so they were in the process of migrating to openstack for internal vm distribution
15:30:43 pankkake: you don't have to offer all openstack services right away, right? you could do the storage part first, for example
15:30:57 thestringpuller: god Openstack storage is so sexy
15:31:18 phungus: Cinder
15:31:27 phungus: :-)
15:31:41 pankkake: I'm still waiting for the services that will let me store 10 TB without being worth ten times the price of physical drives that I can move myself
15:32:19 phungus: BitVPS would *really* like to have a competitive, and automated, and reliable storage solution
15:32:25 phungus: I want a big honkin NetApp
15:32:31 phungus: or a SAN or something
15:32:36 phungus: $$$ though
15:33:01 phungus: we've been looking
15:33:05 phungus: we're just not there yet
15:33:15 catssaymeow: phungus: you're bitVPS?
15:33:58 catssaymeow: phungus: can you match Cinfu's pricing?
15:35:12 ThickAsThieves: [10:40] <Scrat> jurov: he probably chose to take a few days off at the worst possible time
15:35:12 ThickAsThieves: [10:40] <jurov> yes, like TAT
15:35:23 arij: who namworld?
15:35:24 arij: :/
15:35:25 ThickAsThieves: Yeah I had this trip planned for a while, shitty timing
15:35:44 ThickAsThieves: but I'll be working from the Amsterdam coffee shops too, don't worry
15:36:33 jurov: lol.. with a joint, too?
15:36:36 phungus: catssaymeow: not sure? I've never looked at Cinfu
15:36:51 phungus: catssaymeow: Arij and I are both with BitVPS
15:36:55 ThickAsThieves: Me, do drugs? Never.
15:37:04 pankkake: but hookers are OK
15:37:36 jurov: oh, marijuana is not a drug
15:38:20 jurov: or, if you insist, it's much less so than booze
15:38:52 catssaymeow: phungus: if you can match that i'll use you..
15:40:11 pankkake: or coffee
16:07:13 phungus: pankkake: would be interested to hear what flaws you are talking about in your forum reply (flaws in our contract? or flaws in the BTCT contract?)
16:07:18 phungus: PM me please
16:07:43 pankkake: it's the ones stated by the ltc-global moderators
16:07:54 pankkake: so very public :)
16:08:27 phungus: erm
16:08:28 phungus: hmm
16:08:34 phungus: I don't see how we're connected to ltc-global
16:09:21 pankkake: weird it disappeared. it was the something like "shareholders do not own the company assets"
16:09:34 phungus: oh
16:09:39 phungus: our listing is different
16:09:46 phungus: I don't think shareholders own our assets
16:09:49 phungus: we distribute dividends
16:09:54 phungus: so they are entitled to profits
16:09:56 phungus: that's it
16:10:01 pankkake: yes, that's specifically the issue
16:10:04 pankkake: why wouldn't they?
16:10:07 phungus: umm
16:10:11 phungus: because of the type of security
16:10:30 phungus: investment in our security entitles shareholders to profits
16:10:32 phungus: but not assets
16:10:46 phungus: because we're funding our hardware, etc
16:10:51 phungus: not shareholders
16:11:01 phungus: I think
16:11:06 pankkake: I see
16:15:01 pankkake: I removed my comment, but perhaps it should be clarified
16:15:29 phungus: cool, I will see about getting that clarification in but I'm pretty sure it's on BTCT already
16:15:49 phungus: REVENUE SHARE: BITVPS
16:15:50 phungus: yep
16:15:59 phungus: Revenue Share is just that
16:16:02 phungus: a share of revenues
16:16:03 phungus: :-)
16:16:07 phungus: so, dividends
16:32:42 Rulother: So labcoin just paid divs
16:32:51 Rulother: (small) I know
16:35:24 pankkake: expensive PMB
16:38:52 gecko_x2: DIV's!
16:38:57 gecko_x2: \o/
16:42:22 Doctor_Andonuts: Besides messaging burnside on bitcointalk, is there any other way to get in contact with him? I know he is really busy with all the stuff going on right now =(
16:47:52 jborkl: no, that is the best way I have found
16:48:19 jborkl: he normally does not respond until about 5 hours from now
16:48:23 thestringpuller: !ticker btctc LABCOIN
16:48:36 thestringpuller: lol
16:48:49 thestringpuller: that descended quickly....
16:54:48 Rulother: ?
17:09:34 gabridome: hi there
17:10:18 gabridome: it's a long time I don't write and I have a little question to pose
17:23:41 gabridome: I've tried to crawl the forums but still I have one doubt on satoshi dice stocks
17:24:52 gabridome: I'm a little ashamed to ask but could someone please tell me what can I do with my stocks on my account?
17:25:15 gabridome: my satoshi dice stocks I mean
17:27:30 kakobrekla: on what account is that gabridome
17:27:40 kakobrekla: SD is no longer publically traded or listed
17:28:31 gabridome: yeah, I know I have received dividends but I have still stocks in my apex account
17:28:49 kakobrekla: it will go away after some time
17:28:55 gabridome: in my apex account I meamn
17:29:10 kakobrekla: nothing to do with it
17:29:32 gabridome: sorry in my mpex account (problems wit autocorrection)
17:29:47 kakobrekla: yeah
17:29:52 kakobrekla: it will go away after time
17:29:58 kakobrekla: just ignore it
17:30:42 gabridome: thank you for your answer kakobrekla
17:31:00 kakobrekla: welcome
17:32:05 gabridome: Probably it has been answered a lot of time but I was away and I wanted to be sure :)
17:59:54 pankkake: "They are already paying a higher dividend than Active Mining. This is amazing." I loled
18:00:16 kakobrekla: right on time
18:00:21 kakobrekla: amazing
18:02:40 pankkake: though it's less spammy these days
18:02:49 kakobrekla: try it out
18:09:08 mircea_popescu: lmao
18:09:18 mircea_popescu: these fucktards and their "dividends".
18:09:23 dexX7: lol
18:09:26 dexX7: amazing company
18:09:42 mircea_popescu: a venture without income may not pay dividends. it's like speaking of a bull's milk.
18:10:23 kakobrekla: well since men can lactate, im sure some bull somewhere can too
18:10:43 mircea_popescu: jesus now we got cow gender issues ?
18:10:49 dexX7: the div payment was more about being a positive sign that they didn't miss a deadline again
18:10:50 mircea_popescu: i gotta pick better analogies
18:11:20 mircea_popescu: lmao. deadline of "we will pay you 0.74% of what you send in two months hence" is not a deadline, either.
18:11:44 mircea_popescu: deadlines must be things that are not wholly within the operator's control. making a statement is also not a deadline.
18:13:24 pankkake: actually they have a proof for their income now
18:13:27 dexX7: it's funny. they announced 6 th/s but created so much drama that people went nuts, when they started to mine with 800 gh/s two weeks later
18:13:38 pankkake: it could very well be a few avalons
18:13:45 pankkake: but they have real income
18:14:55 mircea_popescu: what's the alleged float ? i forget.
18:15:35 dexX7: ;;calc 0.00139 * 10000000
18:15:44 topace: HIM is now at ~1.2TH
18:15:58 topace: and we didnt make a big deal out of it like some of these other mining ops
18:17:02 pankkake: a lot of other mining funds too - they are bigger than labcoin and activemining combined
18:17:09 dexX7: labcoin is a daytraders dream due to the high volatility and large trading volume, the price etc. is not really based on fundamentals at the moment
18:17:17 pankkake: maybe nastyfans isn't but that's it
18:21:17 mircea_popescu: dexX7 no, that's not a daytrader. that's an noobtrader.
18:21:29 mircea_popescu: daytraders trade actual companies. these differences are important.
18:21:46 dexX7: well, in that sense i am indeed a noob, so it's fine
18:22:09 KRS1: noobs are secksy
18:23:24 mircea_popescu: this constant temptation to substitute things for cheaper, easier, faster pseudothings is like our contemporary cancer.
18:24:20 dexX7: so what do you suggest as cure?
18:24:37 mircea_popescu: im not that advanced.
18:25:01 pankkake: why cure it? why not exploit it? :)
18:25:07 mircea_popescu: but it seems to me the false idea that "we're all equal" is at the root of the problem. obviously in reality we aren't. but the pressure of confirming this ideology makes people hurt themselves.
18:25:11 jurov: death is ultimate cure
18:25:13 dexX7: because it's not sustainable, pan
18:25:20 mircea_popescu: like the guys living in houses they can't afford to match all the other "equal" guys who also.
18:25:39 pankkake: if it was a lot less work I'd start a "scams allowed" exchange
18:25:40 mircea_popescu: so thus, i roil against equality, especially as contemporarily misunderstood.
18:25:43 mircea_popescu: doesn't seem much of a cure.
18:26:05 pankkake: everything goes - issuers can issue new shares, there are no contracts
18:26:26 mircea_popescu: because why ?
18:26:53 pankkake: why not?
18:27:56 mircea_popescu: so why don't you get gender reassignment surgery then
18:28:10 pankkake: to add to the fun, the exchange operator would be anonymous, and thus, could decide to close down anytime and take all the money
18:28:32 pankkake: too expensive and painful. otherwise I'd do it
18:28:36 pankkake: though I like my penis
18:29:40 jurov: butbutbut we will have colored coins and they will solve all these problems.. oh nevermind
18:29:51 mircea_popescu: lol
18:29:56 mircea_popescu: jurov he's new.
18:30:37 mircea_popescu: in other news, atruk made a blog.
18:30:41 ozbot: Bingo Blog | of Bitcoin and Boingo
18:46:26 mircea_popescu: leotreasure what's that stuff all about ?
19:07:56 benkay_: are things finally going to quiet down around here?
19:08:52 mircea_popescu: somewhat.
19:09:06 mircea_popescu: im sure we'll have glbse 3.0 eventually.
19:09:12 mircea_popescu: people being people and whatnot.
19:29:55 mircea_popescu: Scrat what's jd investment at these days ?
19:30:53 mircea_popescu: gee today's log is great.
19:31:34 mircea_popescu: ThickAsThieves:
19:31:34 mircea_popescu: so burnside's timing is awesome << tis how one learns, tat.
19:33:21 thestringpuller: ;;seen burnside
19:34:46 kleeck: Wow.
19:34:54 kleeck: That's one for the books.
19:39:06 kakobrekla: lol
19:39:16 kakobrekla: ;;seen nefario
19:40:44 kakobrekla: pump it ChaangNoi https://bitcointalk.org/index.php?topic=67547.msg3226901#msg3226901
19:41:27 kleeck: Hm
19:41:30 kleeck: A year ago.
19:42:29 Rulother: 28ths lol
19:43:31 kleeck: ;;seen Pirate@40
19:43:59 kakobrekla: at is not valid irc nick char also he was never here
19:44:00 mircea_popescu: lol a year.
19:44:18 mircea_popescu: pirate was never here. also, pirateat40
19:44:36 kleeck: ;;seen Pirateat40
19:44:50 kleeck: lame, indeed.
19:47:03 TomServo: What's the story with JD? Over 4500 in the hole.
19:48:31 mircea_popescu: TomServo apparently some guy has been winning 15k
19:48:45 lewicki: 5167
19:48:51 lewicki: 5268
19:51:27 kakobrekla: does JD has an api for this
19:52:54 mircea_popescu: isn;'t this exactly like thart earlier guy, celeste or w/e ?
19:52:57 mircea_popescu: straight wins
19:54:08 TomServo: 14:48:49 (14) <Bugpowder> HOW
19:54:09 TomServo: heh
19:55:10 mircea_popescu: lol
19:55:33 mircea_popescu: well the first time it was perfectly credible that it's yiou know, random shit happens.
19:55:59 mircea_popescu: but there's been two large series and no numerous small serioes in between them.
19:56:04 mircea_popescu: this seems very strange.
19:56:23 kakobrekla: dooglus is no longer on this chan eh
19:56:27 benkay_: seems like nobody's auditing these "provably fair" operators
19:56:45 benkay_: assuming this is one of those
19:56:56 mircea_popescu: it is one of those yeah.
19:57:05 mircea_popescu: i think you can audit it yourself
19:57:11 benkay_: i don't care
19:57:17 benkay_: more than happy to provide services though
19:57:24 mircea_popescu: in fact, a blog dedicated to random-weekly audits of provably fair betting sites would be interesting
19:57:51 benkay_: if only there were some profit to be had in doing that
19:58:13 benkay_: i suppose that if i uncovered malfeasance during the process i could place a bitbet
19:58:38 benkay_: but i don't tend to gamble with my working time, i prefer to sell those hours.
19:59:04 benkay_: unestimatable upside
19:59:09 benkay_: quantifiable downside
19:59:27 benkay_: vs known upside and extremely low risk
19:59:33 benkay_: takers? takers?
20:00:28 benkay_: carry on then.
20:00:46 mircea_popescu: well this'd be one of those loss leaders.
20:02:46 benkay_: h
20:02:55 benkay_: something to train a camwhore on, so to speak
20:03:23 benkay_: or shit just pay someone far away to do
20:03:25 benkay_: hm
20:03:45 benkay_: great idea mp thanks a bunch
20:05:24 mircea_popescu: just as long as they do a good job.
20:08:21 benkay_: hey man i'd be thrilled if i do a decent job of the training
20:09:05 Scrat: mircea_popescu: I thought you were a large investor; 30k invested at -5.2k profit right now
20:11:24 ozbot: Fake Apple Ad Says iOS 7 Will Make Your iPhone Waterproof And People Fell For It - Yahoo Finance
20:12:03 Scrat: mircea_popescu: but why are you asking me? :F
20:15:59 kakobrekla: lol Rulother macfags at its finest
20:17:22 Rulother: Yes I had a good laugh
20:17:39 Rulother: Have you heard about getting them to recharge the phone by using the microwave?
20:18:21 kakobrekla: nope
20:19:12 ozbot: Just Pop It In The Microwave and Charge But Really, iPhone Owners should Know Better, Shouldn’t T
20:20:58 Rulother: 4Chan at it's finest
20:27:18 mircea_popescu: Scrat nah, i divested in july.
20:27:22 ozbot: For lack of a nail pe fraudsters - Un blog de Mircea Popescu.
20:27:25 mircea_popescu: and i asked you because you were discussing it in the log earlier.
21:21:07 mircea_popescu: https://bitcointalk.org/index.php?topic=301008.new#new
21:21:13 ozbot: ATTENTION clueless noobs/btct "investors"
21:24:46 kakobrekla: why bother you already achieved the highest ignore level possible, its apropriatley golden color
21:26:00 mircea_popescu: lol that matters now ?
21:26:04 jurov: no it's red iirc
21:26:19 kakobrekla: orly
21:26:20 mircea_popescu: i can scarcely think of a more absolute display of impotence. "oh i ignore your pr pls care"
21:27:24 kakobrekla: its a medal of highest order and now a bunch of ppl cant read you and those who do, do not, so yeah
21:30:24 jurov: ;;seen thestringpuller
21:30:32 jurov: lol mkay
21:30:34 kakobrekla: inception
21:30:41 mircea_popescu: except most those ignores come from socks/mains of people who read her avidlyh.
21:31:32 kakobrekla: afaik you must be an established member to give extra ignore points, but whatever
21:32:03 mircea_popescu: problem is "established" means "made 50 posts" or something.
21:35:44 moose-hacker: there are two guys going at it on havelock over cbtc shares, looks like a bidding war
21:40:24 pankkake: established is 100 posts, yeah
21:40:43 pankkake: anger noobs, get orange
21:41:56 mircea_popescu: herpderp.
21:43:15 jurov: O.o 6307 articles
21:44:35 mircea_popescu: some people have no life, you know ?
21:44:41 jurov: haha
21:48:35 mircea_popescu: and like 90k comments or so, comes to a dozen per.
21:58:14 kakobrekla: 23:57.03 ( Ken` ) btctc out, secondmarket in
21:58:14 kakobrekla: 23:57.05 ( Ken` ) problem?
21:58:21 kakobrekla: 23:50.16 ( Ken` ) http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/
21:58:40 mircea_popescu: lolk
21:58:48 mircea_popescu: also october 31st ?
22:03:47 jurov: https://bitcointalk.org/index.php?topic=125629.msg3227733#msg3227733 burnside has spoken
22:03:51 ozbot: [BTC-TC] Virtual Community Exchange [WINDING DOWN]
22:05:34 mircea_popescu: ThickAsThieves:
22:05:35 mircea_popescu: why is jgarzik out of the woodwork with telling everyone to make a decentralized exchange?
22:05:56 mircea_popescu: because the power rangers still cling to the delusion of relevance, but meanwhile are starting to comprehend what killed them.
22:06:09 mircea_popescu: except, they misrepresent it as both future and avoidable, when it's really past and done.
22:06:19 kakobrekla: uh how did this came up _now_ ?
22:06:42 mircea_popescu: cause im slowly going through logs.
22:06:54 mircea_popescu: i read a little, something happens, read a little more etc.
22:07:24 kakobrekla: really, you use that thing... ok ok carry on
22:10:43 mircea_popescu: sure i do.
22:10:58 mircea_popescu: key tool.
22:14:05 mircea_popescu: pankkake: those should go to zero? unless maybe there's a sale of the source code <<< ahh how this brings memories.
22:14:17 mircea_popescu: anyone rememvber the bitcoinica "valuable" source code and the bitfinex muppets ?
22:16:50 mircea_popescu: BigBitz burnside is some dork that was running a ltc exchange, then when glbse popped he figured "o noes, i have all the needed expertise to re-do the thing".
22:25:01 BigBitz: Ah OK.
22:46:25 dexX7: mircea_popescu: you mentioned gpg contracts.. only a few days ago i realized how cool mpex really is or to be more specific i realized the beautiy of the "mechanism" you use to transmit orders
22:46:33 dexX7: in that sense: good job!
22:46:37 mircea_popescu: yw!