Transcript for 26-07-2013, 553 lines:
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
02:34:34 ozbot: Bitcoin Charts / Charts
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
05:33:15 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
05:48:29 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
08:24:27 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_: ?
13:59:33 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
14:41:53 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
14:47:54 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?
14:58:50 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
15:06:35 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)
15:06:54 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
15:44:41 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?
15:50:10 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
16:16:05 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
16:20:36 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
17:13:09 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
17:49:33 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
19:55:16 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
20:07:02 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.. ~.~
21:23:16 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...
21:34:03 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
21:36:50 ozbot: imgur: the simple image sharer
21:36:50 jcpham: link incoming
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
21:41:37 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?
21:43:36 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!
22:18:03 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.