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Transcript for 26-07-2013, 553 lines:

00:54:01 mircea_popescu: http://news.cnet.com/8301-13578_3-57595529-38/feds-tell-web-firms-to-turn-over-user-account-passwords/

00:54:03 ozbot: Feds tell Web firms to turn over user account passwords | Politics and Law - CNET News

00:54:07 mircea_popescu: meanwhile back in teh uslag.

02:33:59 tiberiusii: mtgox USD marketshare below 50% for the first time on record

02:34:32 tiberiusii: http://bitcoincharts.com/charts/volumepie/

02:34:34 ozbot: Bitcoin Charts / Charts

02:46:48 dexX7: https://bitcointalk.org/index.php?topic=125629.msg2805629#msg2805629

02:46:54 ozbot: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.

03:25:42 usagi: there is something wrong with this

03:25:49 usagi: seen this pattern before :p

03:26:32 Namworld: ?

03:26:54 usagi: sorry meant that for another channel

03:41:44 Hiro2: what securities are you guys investing in?

03:41:48 Chaaaang-Noi: <tiberiusii> mtgox USD marketshare below 50% for the first time on record not true at all, when gox was down before btc-e was the largest usd exchange, i was loling about it with kako at the time

03:41:55 Chaaaang-Noi: AM and Cog

03:51:45 thestringpuller: ;;seen mod6

04:25:26 mod6: whats up thestringpuller

05:26:55 ThickAsThieves: finally, some real news: http://politicalticker.blogs.cnn.com/2013/07/25/weiner-chat-partner-sydney-leathers-felt-manipulated/?hpt=hp_t1

05:27:53 [\]: What's with all the little dick dudes being involved in the sex scandals?

05:29:09 ThickAsThieves: what's with mistresses getting airplay

05:29:30 ThickAsThieves: the woman looks like someone who got paid to smear

05:31:07 ThickAsThieves: "Otherwise he wouldn't have went on the whole 'I'm a changed man, I've learned my lesson, I wouldn't have said those things' if he wasn't trying to be someone he wasn't," she said.

05:31:12 Duffer1: i bet she got $$PAYED$$

05:31:15 ThickAsThieves: yep

05:31:20 ThickAsThieves: PAID*

05:31:39 Duffer1: that too :P

05:31:43 ThickAsThieves: "The exact wording was that he was an argumentative, perpetually horny middle aged man," she said. "And at the time, I was like, 'Oh no, you're not.' But yes, he is."

05:32:42 Duffer1: so they had phone sex like all the damned time, but $uddenly $he feel$ "manipulated"

05:33:12 ThickAsThieves: another lol

05:33:13 ThickAsThieves: http://politicalticker.blogs.cnn.com/2013/07/26/christie-nsa-critics-should-talk-to-911-families/

05:33:15 ozbot: Christie: NSA critics should talk to 9/11 families – CNN Political Ticker - CNN.com Blogs

05:33:31 ThickAsThieves: why does CNN even exist

05:34:23 ThickAsThieves: let's see how foxnews is doing

05:34:50 Duffer1: oh lawd lets not

05:35:11 ThickAsThieves: wow, it's actually like 500% more newsy than CNN

05:48:26 Duffer1: http://kotaku.com/free-kanye-west-rpg-takes-the-whole-phenomenon-to-a-new-894157856

05:48:29 ozbot: Free Kanye West RPG Takes The Whole Phenomenon To A New Level

06:21:17 Apocalyptic: TaT, why are you reading this shit anyway

08:23:26 Scrat: https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/p480x480/164263_10151537697218157_1006625417_n.jpg

08:24:27 Apocalyptic: that's how it's done

09:02:37 mircea_popescu: Case on: Chip Temperature: 59.2oC (as reported by BFGMiner) Ambient Temperature: 32.7oC Case Temperature: 49.4oC Noise Level: 87dB

09:02:37 mircea_popescu: Case Off: Chip Temperature: 37.6oC (as reported by BFGMiner) Ambient Temperature: 30.9oC Case Temperature: N/A Noise Level: 36dB

09:02:41 mircea_popescu: the wonders of bfl engineering.

10:31:53 FabianB_: !t m S.MG

10:32:14 FabianB_: !t h S.MG

10:32:24 FabianB_: !t h SMG

11:05:18 BigBitz|wrk: burnside: are you here?

11:05:30 Scrat: ;;slap BigBitz|wrk

11:06:24 BigBitz|wrk: or someone else, I am perhaps being stupid but..... I can only see one of my stocks :(

11:10:35 BigBitz|wrk: Yeah I only see one of my assets.

11:16:14 BigBitz|wrk: burnside: you around?

11:18:13 mircea_popescu: BigBitz|wrk he gets around occasionally.

11:19:23 BigBitz|wrk: Cool, thanks.

11:24:07 ThickAsThieves: You are more likely to reach him through the forums

13:48:47 kakobrekla: fucking gox.

13:48:52 Rulother_: ?

13:59:32 mjr_: http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-34638/

13:59:33 ozbot: I walked into a bar and watched as people swapped thousands of dollars for bitcoins - MarketWatch.co

14:02:37 mircea_popescu: mjr_ cool going

14:03:04 mjr_: slowly but surely

14:03:25 mjr_: LA met up again last night

14:40:17 mjr_: amir on RT right now

14:40:53 dexX7: http://rt.com/on-air/

14:41:53 mjr_: i was more bemoaning that fact

14:43:05 mircea_popescu: well... if they feed him he will come.

14:44:47 mjr_: hahaha

14:44:53 mjr_: good point

14:45:34 ThickAsThieves: i'm glad amir made bitcoin

14:45:53 dexX7: lol

14:45:55 ThickAsThieves: "can i pat for college with bitcoin"

14:46:03 dexX7: "why do u want to go to college, when there are those free internet sites"

14:46:12 mircea_popescu: lol

14:46:12 ThickAsThieves: "i dunno i havent really looked into, why would anyone want to go to college?"

14:46:16 Rulother_: lol

14:46:17 ThickAsThieves: lol

14:46:17 mircea_popescu: wait.

14:46:23 mircea_popescu: you people are quoting or parodying ?

14:46:30 ThickAsThieves: for realsies

14:46:37 mircea_popescu: hm. just the fact i can't tell

14:46:41 mjr_: no f'ing way

14:46:41 mircea_popescu: owait. srsly ?!

14:46:46 mjr_: did he really say that????

14:46:51 mircea_popescu: this dude is really entertaining

14:47:01 dexX7: he did say that

14:47:06 mjoiii: Is this guy a fucking moron?

14:47:14 ThickAsThieves: bitcoin is disempowering gangsters he says

14:47:15 mjr_: entertaining, like monkeys drinking their own piss entertaining?

14:47:18 dexX7: i think he wanted to hover around the question

14:47:25 mircea_popescu: random audience member goes "well... i might have been canned, but at least i'm not as stupid as this accident face"

14:47:30 mjr_: HAHAHA

14:47:42 mircea_popescu: mjoiii http://fraudsters.com/2012/amir-taaki-has-done-and-continues-to-do-huge-disservice-to-anyone-serious-involved-in-bitcoin/

14:47:54 mircea_popescu: mjr_ yeah.

14:47:55 ThickAsThieves: they just zoomed in on his zits

14:48:20 mircea_popescu: i read tits.

14:48:29 Rulother_: Damn that's good

14:48:37 mircea_popescu: i think i'm getting a problem with reading. earlier i read handprint " fresh download" as freak doomlord

14:48:42 mircea_popescu: and i was pretty wtf'd.

14:48:54 ThickAsThieves: this lady "it's much easier to buy drugs with bitcoin than cash right?"

14:48:59 ThickAsThieves: why are people so retarded

14:49:21 mircea_popescu: does she want to know if it's easier to trade bitcoins for drugs than it is to trade bitcoin for dollars ?

14:49:27 mircea_popescu: by now it probably is.

14:49:54 ThickAsThieves: how come amir says froo, instead of through

14:49:56 ThickAsThieves: hehe

14:50:04 mircea_popescu: esl.

14:50:23 ThickAsThieves: this is insane

14:50:42 ThickAsThieves: she wants to know if bitcoin would be useful in nicaragua, with no internet

14:51:05 Rulother_: well

14:51:10 dexX7: Broadcast is over

14:51:11 dexX7: woot

14:51:17 ThickAsThieves: refresh

14:51:19 dexX7: nvm

14:51:21 dexX7: ty

14:51:34 ThickAsThieves: they trying hard to cut it off

14:51:35 ThickAsThieves: hehe

14:52:27 ThickAsThieves: "how does that sit with your cypherpunk anarchist mentality?"

14:52:52 mircea_popescu: i thought he was steampunk

14:53:34 ThickAsThieves: stinkpunk

14:55:31 mircea_popescu: lol

14:56:15 kakobrekla: o its still on

14:56:21 Apocalyptic: yep

14:56:35 kakobrekla: i prolly missed the good parts eh

14:57:07 mircea_popescu: i wouldn't bet on that

14:57:13 mircea_popescu: the guy can outdo huimself

14:57:20 kakobrekla: its over

14:57:22 kakobrekla: :(

14:57:29 Apocalyptic: the last face..

14:57:32 Apocalyptic: priceless

14:58:04 ThickAsThieves: can we get a new bitcoin jesus plz?

14:58:17 Rulother_: jesuscoin

14:58:29 ThickAsThieves: or does amir get airtime because they wanna make btc look bad?

14:58:33 mjr_: kakobrekla: http://blogs.marketwatch.com/thetell/2013/07/26/i-walked-into-a-bar-and-watched-as-people-swapped-thousands-of-dollars-for-bitcoins/?mod=mw_streaming_stream

14:58:50 mjr_: better link, also, for anyone who already read it

15:00:03 mjoiii: Dud reminds me a little of the shoe bomber

15:00:09 mjr_: hahaha

15:00:33 mjoiii: poor idiot they trot out for spectacle and he's just happy to get attention.

15:00:39 kakobrekla: cool mjr_

15:02:30 ThickAsThieves: TSA monetizes: http://www.wired.com/autopia/2013/07/tsa-precheck/

15:03:10 mircea_popescu: ThickAsThieves they're running out of dough.

15:04:38 mjoiii: Quick Ahmed! I need $85 right now or the jihad is off!

15:04:43 ThickAsThieves: this is a trend, getting charged for shit you don't want

15:05:08 ThickAsThieves: it's the next step after freemium

15:05:13 mjr_: lol nice

15:05:21 mircea_popescu: ya srsly. i suppose the entire system relies on suicide bombers not being able to save 85 bux

15:05:28 mjr_: i am pretty sure that my govt has been charging me for shit i don't want for a while

15:05:42 jcpham: HAPPY SYSADMIN DAY

15:05:48 ThickAsThieves: we pay for ads more and more too

15:06:12 mjr_: here is a kinda stupid video http://www.ted.com/talks/paul_kemp_robertson_bitcoin_sweat_tide_meet_the_future_of_branded_currency.html?utm_medium=on.ted.com-twitter&utm_content=addthis-custom&utm_campaign=&source=twitter&utm_source=t.co&awesm=on.ted.com_eg9h#.UfJ4eOPYHoV.twitter

15:06:35 pankkake: that's their business model: create problems and then offer to fix it (for more of your money)

15:06:46 ThickAsThieves: i saw that vid

15:06:52 mjr_: ThickAsThieves: and here is something that you will find interesting (also mircea_popescu)

15:06:53 mjr_: http://unitscale.com/mb/bomb-in-the-garden/

15:06:54 pankkake: jcpham: cool. too bad I'm not one anymore

15:06:56 ozbot: Matthew Butterick: The Bomb in the Garden

15:07:01 pankkake: can't threaten my user to give me gifts

15:07:22 mircea_popescu: pankkake sort of like web antiviruses.

15:07:34 mjr_: the second one is about content monetization, and ads, from the perspective of a designer, he has a cool example of the shit we put up with

15:07:41 pankkake: web antiviruses? :o

15:07:58 mjr_: ransomware is a more extreme example

15:08:03 pankkake: right

15:08:12 ThickAsThieves: i think there is a deeper issue with design quality

15:08:33 ThickAsThieves: more than one issue really

15:08:35 ThickAsThieves: but

15:08:36 mjr_: that was his argument, in his paper

15:08:46 mjr_: that it is structural and comes from two main flaws

15:08:59 ThickAsThieves: first, people that aren't good at design, are given a say

15:09:27 ThickAsThieves: this is more compicated than it sounds

15:09:37 ThickAsThieves: because when you ask someone what they think about a design

15:09:46 ThickAsThieves: what they hear is

15:09:59 ThickAsThieves: "find something bad about this"

15:10:07 mjr_: i agree

15:10:16 mjr_: but also, read his article, i think you'll agree with his points

15:10:29 ThickAsThieves: second, there is not enough distinction between UIX and aesthetic

15:10:35 ThickAsThieves: i will

15:10:38 ThickAsThieves: just ranting

15:10:42 ThickAsThieves: :)

15:10:46 mjr_: np

15:10:54 mjr_: his rant goes deeper than that

15:11:06 mjr_: its basically a cry for the web to maintain relevance

15:11:14 ThickAsThieves: i have background in design (identity, layout, typography)

15:11:27 mjr_: his point is that it will die, apps are becoming the new de facto way for people to consume online content

15:11:36 mjr_: you will appreciate his article then

15:11:37 ThickAsThieves: that will die too

15:11:46 mjr_: not necessarily

15:11:53 mjr_: apps are much easier to monetize

15:11:57 mjr_: meaning less reliance on ads

15:12:13 ThickAsThieves: there will always be consolidation and deconsruction

15:12:21 mjr_: also, you can control the entirety of your app, you don't have to worry about what your end user will be using

15:12:23 kakobrekla: apps are evil.

15:12:39 pankkake: most "apps" are actually frontends to a website

15:12:44 mjr_: i can design for ios devices, and know exactly what my users will see

15:12:47 mjr_: yes

15:12:53 mjr_: but i am controlling the user experience

15:13:02 mjr_: as i know exactly how that "website" will be displayed

15:13:25 ThickAsThieves: and what about android?

15:13:27 mjr_: not to say that most designers/developers actually take advantage

15:13:29 ThickAsThieves: and w RT

15:13:34 ThickAsThieves: and blackberry

15:13:35 mjr_: i can also design specifically for android

15:13:42 mjr_: and know exactly what they will see

15:13:47 ThickAsThieves: it's just a rearrangement

15:13:54 pankkake: well the good thing is third-party application which give back some control back to the user

15:14:11 mjr_: i'm saying, on the web, there is a lack of standards

15:14:18 mjr_: and a very poor monetization strategy

15:14:18 ThickAsThieves: people dont use the control they have on the web

15:14:23 ThickAsThieves: browsers can do things

15:14:26 mjr_: of course they can

15:14:36 kakobrekla: oh, there is a standard

15:14:39 kakobrekla: just noone gives a shit.

15:14:56 mjr_: unenforced standards can't really be called standards

15:15:03 mjr_: try ignoring ipv4 standards

15:15:05 mjr_: see how far you get

15:15:15 mjr_: try ignoring ios standards for a more applicable example

15:15:31 kakobrekla: i am completley ignoring ios yeah

15:15:34 mjr_: only on web pages can i say, eh, fuck that, i don't feel like it

15:16:04 ThickAsThieves: there are compromises though

15:16:07 kakobrekla: that is just because browsers are so smart

15:16:12 ThickAsThieves: like what will apple allow?

15:16:19 kakobrekla: and operating systems are stupid

15:30:55 ThickAsThieves: I gave up trying to make the web pretty because everyone that was willing to pay me wanted to make it ugly

15:42:47 tiberiusix: content monetization is needed when cheapskates dont want to pay useage fees

15:44:36 benkay: http://bitcoinmagazine.com/beef-and-bitcoin/

15:44:41 ozbot: Beef and Bitcoin | Bitcoin MagazineBitcoin Magazine

15:44:55 benkay: now there's an arbitrage play

15:45:11 benkay: stop fucking around with play "markets" and play "assets" and actually arb, eh?

15:49:30 dexX7: kinda old, but relevant imho: https://bips.me/press/release/20130723

15:50:10 ThickAsThieves: cool

15:54:14 mircea_popescu: change and revolutionize ?

15:54:51 mircea_popescu: BIPS?s technology is a world-leading product

15:54:57 mircea_popescu: i have no fucking idea what it even is. what is it ?

15:55:09 dexX7: a payment processor like bitpay.com

15:55:29 mircea_popescu: mkay.

15:55:34 pankkake: world-leading as in "we're number of two, out of two"?

15:55:55 mircea_popescu: so basically this means "hi, we're too stupid to have followed mp's get off gox orders in april. we're doinfg it in august"

15:56:03 dexX7: from coindesk: "BIPS is a two-year-old payment processor cited by Crunchbase as the largest provider of bitcoin payments in Europe."

15:56:03 mircea_popescu: world leading & revolutionizing alright.

15:56:38 dexX7: Dealing with Mt. Gox was becoming increasingly unworkable, he told CoinDesk. Withdrawal times were the biggest bugbear. “In BIPS’ case, each withdrawal had a pending period of over eight weeks. This was devastating on BIPS’ fiat buffer, as we process withdrawals in 1 to 5 business days,” he complained.

15:56:57 mircea_popescu: i can see it.

16:10:18 ThickAsThieves: ;;nethash

16:10:24 ThickAsThieves: ;;estimate

16:10:33 ThickAsThieves: ;;bcstats

16:13:37 Rulother_: fuckers

16:15:50 pankkake: https://bitcointalk.org/index.php?topic=262849.0

16:16:05 ozbot: Short Funds Coming Soon

16:16:57 mircea_popescu: pankkake http://fraudsters.com/2013/the-story-of-pointless-and-witless/

16:18:09 ThickAsThieves: hehe

16:19:35 mircea_popescu: it's called mathematical induction

16:20:01 pankkake: reminds me of https://xkcd.com/386/

16:20:36 mircea_popescu: kinda

16:20:48 mircea_popescu: except in soviet romania bed comes to you

16:21:38 mircea_popescu: "I will attempt to follow this thread and the crosspost on reddit throughout the day while I'm at work, and I will be able to respond more thoroughly to questions and comments after about 9pm UTC."

16:21:51 mircea_popescu: anyone wanan bet what he does for a living "?

16:24:15 dexX7: you have no information about his timezone, do you?

16:26:03 mircea_popescu: nope

16:26:46 mircea_popescu: but he's paying interest on shares, so it's pretty clear how much he has to do with this line of work.

16:29:12 pankkake: I have a hard time understanding how his thing works

16:29:38 jcpham: read your chicken bones

16:38:20 mircea_popescu: pankkake here's the cliffnotes : he's seen the brendio/deprived attempt at a synthetic short

16:38:33 mircea_popescu: and he figures he can do it better. because internet.

16:40:39 dexX7: "For example, (these numbers are just illustrative) you might consider 1 share of ASICMINER-SHORT.LOAN = 1 share of ASICMINER-PT = 100 shares of TAT.ASICMINER. The shares will be directyl exchangeable (send 100-shares of TAT.ASICMINER to the Loan Fund, receive 1 share of the loan fund; or the reverse)." -> this would enable the conversion between tat.am and am-pt

16:56:47 ThickAsThieves: <dexX7> this would enable the conversion between tat.am and am-pt <<< his loss

17:13:06 mjr_: http://www.ted.com/talks/paul_kemp_robertson_bitcoin_sweat_tide_meet_the_future_of_branded_currency.html?utm_medium=on.ted.com-twitter&utm_content=addthis-custom&utm_campaign=&source=twitter&utm_source=t.co&awesm=on.ted.com_eg9h#.UfJ4eOPYHoV.twitter

17:13:09 ozbot: Paul Kemp-Robertson: Bitcoin. Sweat. Tide. Meet the future of branded currency. | Video on TED.com

17:15:02 benkay: tl;dr?

17:15:47 mjr_: in which i prove that bitcoin can be more transparent than any other method of payment

17:16:41 mircea_popescu: well ya cause tide is colored

17:16:53 mjr_: hehehe

17:17:19 mjr_: unfortunately, that proof will prob be wasted on some idiot who hasn't figured out how to use google

17:17:54 mjr_: people are idiots, unfortunately, and talk about money usually brings out the most idiocy

17:18:04 mjr_: "hahaha, you are just describing a barter system"

17:18:07 mjr_: ...

17:18:20 mjr_: like dollars for something? i barter dollars, in exchange for your thing

17:18:39 mjr_: people imbue dollars (and by extension bitcoins) with all sorts of magical properties

17:31:03 benkay: things are just things?

17:31:21 ThickAsThieves: When that S.MPOE bid wall at 0.00077250 gets eaten, is that when we find out that MPEx bought S.DICE?

17:47:58 Rulother_: hah

17:48:05 Rulother_: cancelled just in time

17:48:24 Rulother_: maybe not

17:49:31 thestringpuller: http://www.indiegogo.com/projects/the-smart-charger-charging-on-the-go-for-iphone-android-the-ubuntu-edge

17:49:33 ozbot: The Smart Charger: Charging On-The-Go For iPhone, Android &The Ubuntu Edge | Indiegogo

17:50:05 thestringpuller: I thought S.DICE was getting delisted

17:51:14 ThickAsThieves: it already has been

18:43:53 Rulother_: About to cross .005

18:47:19 thestringpuller: wtf is active mining?

18:47:55 Rulother_: AMC

18:48:02 Rulother_: new name

18:48:11 ThickAsThieves: it's ASICMINER but way cooler, bro

18:48:18 Rulother_: lol

18:49:45 thestringpuller: ThickAsThieves: you said AMC was a scam

18:49:59 thestringpuller: y u give bad investment advice

18:50:11 Rulother_: lol, well to be fair it could very well still be.

18:51:17 ThickAsThieves: scams make are very profitable, whatcha mean?

18:51:23 ThickAsThieves: -make

18:52:03 mjoiii: Why cooler?

18:52:40 ThickAsThieves: cuz copycats are always better than the source

18:53:57 mjoiii: Don't know man, first mover advantage sure has been working out well for AM

18:54:29 ThickAsThieves: just to be clear, this is all sarcasm

18:55:10 mjoiii: Yeah, wasn't going to take "copycats are cool" as investment advise.

18:55:45 ThickAsThieves: and as general disclaimer, nothing i say is investment advice, ever ;)

18:56:00 mjoiii: What? Oh no!

18:57:30 Rulother_: Guess my tablet died

19:01:07 [\]: loans are gifts.

19:04:55 Rulother_: Do any of you use Yubikey?

19:05:21 Rulother_: Can't recall all too many sites that use it, so I'm trying to justify the cost of it.

19:05:27 Rulother_: Already use Google Auth

19:08:50 pankkake: for website authentication only, probably not interesting if you already have google auth

19:09:02 Duffer1: why yubikey if you already google auth?

19:09:21 Duffer1: <3 google auth

19:09:34 Rulother_: Was looking into it is all, wasn't sure if there really was anything it had over Google Auth

19:09:39 kakobrekla: <3 prism auth

19:10:04 pankkake: it's just an algorithm. it's local software - google has no idea what your key is

19:11:22 pankkake: however there are other uses of a yubikey: https://www.yubico.com/2012/12/yubikey-neo-openpgp/ http://undeadly.org/cgi?action=article&sid=20130616112437

19:11:46 pankkake: though you could do the second one with gauth I guess

19:12:53 thestringpuller: Rulother_: you going to start playing WoW or something?

19:12:53 thestringpuller: lol

19:12:54 thestringpuller: jk

19:13:02 thestringpuller: dude why is AMC going up so high?

19:13:20 Rulother_: Maybe next time string :)

19:13:24 Rulother_: there's still time

19:14:41 Scrat: lets make an asset guild

19:15:03 Scrat: and play the AH

19:15:10 Scrat: troll LFD/5mans

19:16:42 Rulother_: All I did in wow was mine and sell to the AH

19:16:48 Rulother_: and turn sold my gold as well

19:22:42 ThickAsThieves: i'll join the guild

19:23:15 ThickAsThieves: DPS obv

19:23:16 Rulother_: Might as well call it TAT

19:23:51 ThickAsThieves: or do you need a healer?

19:25:48 Rulother_: I suppose

19:27:26 Rulother_: Just Dice is addictive

19:30:46 Rulother_: I likely

19:30:54 benkay: it's amusing that so many of the "asset" players are also inveterate gamblers.

19:31:36 Rulother_: Caught me, made 50% back, so I figured time to withdraw

19:33:42 thestringpuller: !ticker BTCTC ACTIVEMINING

19:33:57 thestringpuller: wow 500 btc today

19:34:06 thestringpuller: ThickAsThieves: where is your bitbet for AMC?

19:36:49 Rulother_: someone is trying to lower the price

19:37:36 [\]: I woudln't say that is trying

19:37:39 [\]: they are..

19:40:33 ThickAsThieves: I started to make a bitbet for them, but it got too tricky to word it

19:40:37 ThickAsThieves: ideas?

19:40:55 ThickAsThieves: I guess we could just bet on the price

19:40:59 Rulother_: what kind of bet are you making?

19:41:12 ThickAsThieves: but i wanted to some how bet around it being a possible scam

19:41:12 FabianB: the timeframe is probably tricky

19:41:21 ThickAsThieves: yes

19:41:39 ThickAsThieves: or we could bet on the yield % on a certain date

19:41:41 Rulother_: A bet that it will crash mid-August and not recover?

19:41:49 ThickAsThieves: but that would be too complicated for AMC fans

19:42:19 ThickAsThieves: i'd have to learn more about AMC to choose the timeline

19:42:25 ThickAsThieves: and i dont want to do that

19:42:26 Rulother_: They said 3-4 weeks until they give out anymore details on their latest business deal

19:42:36 Rulother_: Ken said

19:42:37 Rulother_: So

19:42:39 ThickAsThieves: nice

19:42:50 ThickAsThieves: he's a smart guy

19:42:53 Rulother_: I say around that time, when they don't is when panic sets in

19:42:58 Rulother_: But

19:43:17 Rulother_: I imagine he'll say something within 2 weeks saying they need more time and these people will buy it like BFL

19:43:22 ThickAsThieves: you'd have to extend out to Oct/Nov

19:43:37 Rulother_: Yeah it's tricky like you said

19:43:46 ThickAsThieves: Like AMC will be worth less than .0025 on Dec 1st

19:43:50 ThickAsThieves: or Jan 1st

19:44:03 Rulother_: Long term bet I see

19:45:06 gecko_x2: *chiching*

19:45:28 Rulother_: I know it'll drop to .0045 within 2hrs

19:45:29 gecko_x2: wish i had gone all in at the ipo

19:45:33 gecko_x2: :(

19:45:38 Rulother_: This is just like the time it made it to .0045 the first time

19:48:04 ThickAsThieves: it'll probably hit .01

19:48:26 Rulother_: Sometime, not this weekend, maybe end of next week

19:48:51 Rulother_: .0075 sounds more realstic by end of next week

19:50:17 Rulother_: I'll brb, need a smoke to clear my head.

19:51:02 thestringpuller: ThickAsThieves: AMC is to defraud investors sometime during 2013.

19:51:17 pankkake: way too vague

19:51:20 ThickAsThieves: ends Dec 2014?

19:53:26 ThickAsThieves: the bet needs to be something that can resolve in 1-3mos

19:53:32 ThickAsThieves: or people won't bother

19:53:51 naemsi: why is AMC rallying?

19:54:02 ThickAsThieves: because nitcoin

19:54:05 ThickAsThieves: bitcoin

19:54:12 naemsi: lol

19:54:26 saulimus: investors wanna invest

19:54:41 FabianB: speculators

19:54:42 pankkake: I don't think they promised something in 1-3 months

19:54:48 FabianB: there are better investments

19:54:55 saulimus: like what?

19:55:07 pankkake: so the price could still keep up at least

19:55:15 kakobrekla: lol http://www.coindesk.com/bitcoin-based-bitbetex-wagers-on-peer-to-peer-betting-success/

19:55:16 naemsi: I tossed some AM dividends into AMC

19:55:25 pankkake: and dividends will still be negligible

19:55:56 naemsi: I just don't understand why 1) the ipo succeeded, 2) it's doubled-plus since

19:56:11 ThickAsThieves: at this point we should all buy in

19:56:15 ThickAsThieves: pump it to the moon

19:56:22 naemsi: I get the 'because bitcoin' but don't see the news driving the interest

19:56:22 pankkake: the way it succeeded was really weird

19:56:24 ThickAsThieves: obv value is not the game here

19:56:25 Rulother_: I highly encourage that :P

19:56:30 saulimus: naemsi, people anticipate another asicminer?

19:56:50 Rulother_: Damn

19:57:06 ThickAsThieves: it's 10x IPO now

19:57:06 Rulother_: Looks like I'll be buying my new jeep that much sooner then I thought.

19:57:15 saulimus: :D

19:57:16 Rulother_: looool

19:57:30 naemsi: ThickAsThieves: 10x?

19:57:34 ThickAsThieves: this is like a bitcoin gem game

19:57:36 saulimus: obviously irc seems to have an effect on the price :D

19:57:43 ThickAsThieves: yes, it IPO'd at .0005

19:57:51 Rulother_: jesus it is about to hit .006

19:57:57 ThickAsThieves: too slow

19:57:59 Rulother_: yeah

19:59:09 naemsi: ThickAsThieves: I was thinking about the "IPO" or whatever of millions of shares on btct

19:59:22 ThickAsThieves: it existed before that

19:59:47 naemsi: so it was offered on btct at 5x the original price?

19:59:57 ThickAsThieves: yep

19:59:57 pankkake: and people were selling under IPO for weeks

20:00:01 saulimus: amc asks look thin

20:00:19 naemsi: pankkake: yeah, I remember it hovering around .0015

20:02:12 ThickAsThieves: ok i think i'm gonna pump this fucker

20:02:32 saulimus: you have money to spare?

20:02:38 ThickAsThieves: doesnt everyone?

20:02:42 Rulother_: some of that AM money

20:02:44 saulimus: not me. :|

20:02:47 pankkake: I don't :(

20:02:55 saulimus: I just got my btct account.. some days ago?

20:03:02 pankkake: well I was some free btc on btct

20:03:10 gecko_x2: at 0047 i said fuck it, dumped all my AM and went all in

20:03:13 ThickAsThieves: 175BTC can take it to 1

20:03:15 Rulother_: Well, get a coinbase account and buy some btc and go go go

20:03:31 Rulother_: I love you tat

20:03:44 naemsi: how do you see bid/askwalls on btct?

20:03:49 naemsi: in chart form

20:03:51 saulimus: hmm?

20:04:02 gecko_x2: bottom of page

20:04:03 Rulother_: it's at the bottom

20:04:04 pankkake: Market Depth? on the bottom

20:04:12 saulimus: to get to 0.5 you need 8400 BTC

20:04:13 Rulother_: It's not the best

20:04:18 naemsi: ahh lol

20:04:30 saulimus: so 175BTC to 1 doesn't seem right

20:05:26 thestringpuller: BitBetEx is pretty

20:05:36 pankkake: saulimus: btct says 180

20:05:39 thestringpuller: kakobrekla: y u no make bitbet.us more pretty

20:06:07 kakobrekla: cause mpex sets the standard

20:06:28 naemsi: if you hover over the 0.5 bid it says it would take 8445

20:06:38 thestringpuller: mpex is the standard for exchanges

20:06:40 naemsi: 0.5 ask i mean

20:06:43 thestringpuller: moomoo web design

20:06:47 saulimus: naemsi, exactly

20:07:00 kakobrekla: https://just-dice.com/images/bitbet-468x60.png

20:07:02 kakobrekla: what does it say ?

20:07:41 saulimus: empty?

20:07:50 ThickAsThieves: something about milk?

20:07:59 Scrat: aliased font

20:08:05 Scrat: puke

20:08:27 Scrat: or rather, full hinted with some AA

20:09:17 FabianB: lol, active is so much lower on bf

20:09:47 pankkake: insane

20:14:03 Rulother_: Maybe it's time to get out the glenlivet

20:29:28 Namworld: Why are people buying millions of that ACTIVEMINING stuff...

20:29:41 ThickAsThieves: here's why: "It's fun to watch the price go nuts but no chance I'm selling a single share until .02, even then I'll probably just sell enough to cover my original investment. I'm in this for the dividends... Those guys that bought in early with AM are receiving ~$15,000/week USD."

20:29:51 dexX7: lol

20:29:53 dexX7: take a look at the books

20:30:00 dexX7: its filled with mini mini orders

20:33:36 Namworld: I got 500 zero fucks given to give.

20:33:43 Namworld: Crazy people.

20:35:18 dexX7: "You are invited to sign up with Ripple! Go to ripple.com to create your account and get your receiving address under the Receive tab. Then take it and go here to claim your free XRP and get started." per mail

20:39:51 Diablo-D3: !ticker

20:39:55 Diablo-D3: ;;ticker

20:43:46 dexX7: extensive lock on btct, smf database error on bitcointalk.. ~.~

21:23:13 pankkake: http://www.reddit.com/r/BitcoinStocks/comments/1j40kx/just_got_200_shares_in_activemining_was_i_smart/

21:23:16 ozbot: Just got 200 shares in ACTIVEMINING was I smart ? : BitcoinStocks

21:28:00 Namworld: "I bought when they were .00005/share then realized what a douche Slaughter was and sold soon after. Wish he wasn't such a douche, I'd have 9x my god damned btc right now. But, alas, he is a fucking douche. I think I'm going to put my wallet in front of my emotions and re-invest in AMC, but if I lose all my money because they collapse, I'll consider it well worth it."

21:28:08 Namworld: Is that supposed to make sense?

21:28:46 ThickAsThieves: to Ken, yes

21:29:31 hollywoodundead: Who is slaughter?

21:29:41 ThickAsThieves: the guy theat runs ActM

21:29:46 ThickAsThieves: that*

21:29:55 mjr_: sup all

21:30:01 hollywoodundead: and Ken is the brains ?

21:30:28 Namworld: Summary: "Ken is a douche, I sold, I didn't profit from raise, let's put emotions aside, I buy back at high price. If I lose all cause it goes back down, IT'S WORTH IT."

21:30:36 Namworld: That makes zero sense...

21:30:52 ThickAsThieves: but you explain it so well

21:30:56 hollywoodundead: Slaughter = Ken ?

21:31:01 ThickAsThieves: yes

21:31:06 ThickAsThieves: Ken Slaughter

21:31:07 hollywoodundead: ahh , ok

21:31:50 Namworld: is "KEN SLAUGHTER" the Ken equivalent of "HULK SMASH"?

21:32:04 Namworld: Totally legit and important question.

21:32:39 hollywoodundead: I think it is like homer simpson chainging his name to max powers

21:32:51 ThickAsThieves: hehe

21:33:08 mjr_: LOL

21:33:19 pankkake: so… investors are going to make a KILLING

21:33:38 Namworld: Max Power is such a good name too...

21:34:01 ThickAsThieves: http://imgur.com/f8bFe2L

21:34:03 ozbot: imgur: the simple image sharer

21:34:10 hollywoodundead: Or like the Futurama episode when the 80's guy comes back

21:34:12 ThickAsThieves: that's Ken 2nd from left

21:34:22 pankkake: who are the others?

21:34:26 hollywoodundead: terminal boneitis

21:34:43 hollywoodundead: hmm, I had that once when I was 15

21:34:45 ThickAsThieves: his twin brothers

21:34:58 mjoiii_: stuck in the middle with you..

21:35:22 pankkake: oh, took me some time to realize the source…

21:35:37 mjoiii_: or was it the lime in the coconuts

21:35:37 hollywoodundead: he does not look like a computer type of guy

21:35:56 hollywoodundead: he looks like he is going to pass out and have bad gas

21:36:13 pankkake: I don't trust people in suits

21:36:42 jcpham: that guy looks like this guy on google+ that freaks me out a little

21:36:49 ThickAsThieves: http://imgur.com/2iyV2kK from the bubble days

21:36:50 ozbot: imgur: the simple image sharer

21:36:50 jcpham: link incoming

21:38:25 jcpham: https://plus.google.com/u/0/101831215196891720639/posts

21:38:28 ozbot: jay bates - Google+

21:38:38 jcpham: nm not the same

21:38:40 pankkake: oh god

21:38:52 jcpham: close though

21:39:20 mjoiii_: dude looks like a zombie from sean of the dead

21:39:44 jcpham: "mx power" is a good name for the scrypt asics

21:39:49 jcpham: *max

21:40:11 jcpham: the reference designs won't be out for another 2 weeks

21:41:36 pankkake: https://plus.google.com/u/0/photos/101831215196891720639/albums/5741580105183912657/5741580105020877122?pid=5741580105020877122&oid=101831215196891720639 come on…

21:41:37 ozbot: 12 May 2012

21:42:20 pankkake: and it's even worse after

21:42:30 hollywoodundead: you should warn people before shit like that

21:42:31 jcpham: i told you scary

21:42:43 jcpham: i thought they were the same weird dude

21:43:20 hollywoodundead: Were those candy corn teeth?

21:43:34 ThickAsThieves: http://www.theverge.com/2013/7/26/4560986/chromecast-teardown-ifixit

21:43:36 ozbot: What's inside Google's $35 Chromecast dongle? | The Verge

21:43:42 ThickAsThieves: but what's the hashrate?

21:43:51 hollywoodundead: I bought one yesterday, it will be here monday

21:43:55 ThickAsThieves: i got 2

21:43:56 ThickAsThieves: :)

21:43:58 hollywoodundead: I got the netflix code too

21:44:09 ThickAsThieves: pretty free

21:44:12 ThickAsThieves: much

21:44:43 hollywoodundead: yeah, couldnt pass it up for 13 bucks after the netflix code

21:48:05 topace: anyone going to the inside bitcoin conference in NYC next week ?

21:49:05 ThickAsThieves: are you?

21:49:16 topace: just found out about it.. so.. unlikely

21:49:23 topace: but considering it

21:49:32 topace: its a 7 hour drive... i'd probabyl fly instead...

21:50:15 ThickAsThieves: topace pm btw

21:53:39 mjr_: ThickAsThieves: but what's the hashrate? LOL

22:13:28 gecko_x2: sell baby sell!

22:17:59 dexX7: http://youtu.be/IuqGrz-Y_Lc

22:18:03 ozbot: Money on the Mind - YouTube

22:18:06 Ukyo: wow, activeminign shot up

22:18:11 Ukyo: did he make an announcement i missed?

22:20:06 dexX7: ken said the meeting with easic was great

22:20:16 hollywoodundead: He mad a super duper promise that everything was going great

22:20:23 hollywoodundead: made

23:03:31 rulother-gs: This would be the time to get in, if you're into that sort of thing.