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Transcript for 29-10-2013, 885 lines:

00:01:39 lurker: ATM, bitcoin survives on geek greediness and criminals.

00:01:58 lurker: They don't want centralization.

00:06:10 assbot: [HAVELOCK] [AM100] 195 @ 0.005 = 0.975 BTC [-]

00:10:10 lurker: If the winkelvoss types start "attacking" the bitcoin market, it will have the effect of a middlecoin on the latest scamcoin.

00:12:49 mircea_popescu: i think you're jumping to conclusions on very little data, and the shape of those conclusions is visibly more influenced by your own ideas of the world than the actual reality of the matter

00:14:00 lurker: you might be right, but it's gut feeling.

00:14:30 lurker: that's the kind of thing you "just know" but you can't put it into works (2 different parts of the brain)

00:14:42 lurker: words*

00:15:12 lurker: (and it's late - I'm not particularly articulate at this hour)

00:16:12 mircea_popescu: right.

00:16:24 lurker: anyway, the centralization/decentralizatio n"issue" in bitcoin always struck me as ironic.

00:16:46 mircea_popescu: why ?

00:17:14 lurker: the fact that there is a "51%" problem at all for a system based on trust/demand/decentralization

00:17:39 lurker: that means the weakness of bitcoin IS centralization

00:19:53 lurker: when you have centralization, you lose trust and without it you lose demand and value.

00:20:39 mircea_popescu: the system is not based on "trust/demand/decentralization". the system is based on the blockchain because it has to use some solution for the byzantyne problem once it's decentralised.

00:20:53 mircea_popescu: the 51% attack is a weakness of the particular solution used to implement decentralisation.

00:21:06 mircea_popescu: it'

00:21:13 mircea_popescu: s important to put these things in their right order.

00:21:52 lurker: decentralization/trust/demand

00:22:04 mircea_popescu: uh, not THOSE things.

00:22:17 mircea_popescu: those things are by and large irrelevant in this discussion.

00:22:37 lurker: hmmmm

00:22:53 mircea_popescu: looky here. you decide to make a system. next step, is to decide whether it shall be centralised or decentralised.

00:23:05 lurker: are we talking markets or technology?

00:23:10 mircea_popescu: if you take the former, you can asume the implementation is friendly.

00:23:24 mircea_popescu: if you take the latter, you can't so asume. the implementation has to be somehow forced to stick to the design

00:24:20 lurker: ripple is friendly?

00:24:27 mircea_popescu: the particular way bitcoin forces this is through the blockchain.

00:24:39 mircea_popescu: friendly to the design, not friendly to you.

00:24:47 mircea_popescu: (design) ? (implementation)

00:25:23 lurker: back to my earlier questions: are you discussing technology or market (money)?

00:25:48 mircea_popescu: this distinction doesn't work in bitcoin as you'd expect.

00:26:22 lurker: you're right, and wrong.

00:26:35 mircea_popescu: anyway, a very simple example to understand what i mean : suppose the law says nobody may search your house without a warrant.

00:26:52 mircea_popescu: what makes the actual cop at your door (implementation) follow this principle (design) ?

00:27:16 mircea_popescu: in a centralised system, the assumption is that the implementation is friendly to the design, and the cop will do what the fuck the law says he should do.

00:27:33 lurker: I'm crystal on your meaning, no sweat.

00:27:33 mircea_popescu: as the implementation becomes less centralised (for instance through the workings of democracy, and lawmakers pushing agendas etc),

00:27:37 mircea_popescu: the cop of today can't be so trusted.

00:30:13 lurker: It comes down to the same thing: can you be sure that system is doing what you expect it to? (= do you trust the system)

00:30:53 mircea_popescu: yes, it does. being happy always boils down to 1. identify what to do to be happy and 2. doing that.

00:31:35 lurker: Trust is what the blockcahin builds.

00:32:36 assbot: [HAVELOCK] [VTX] 1 @ 0.31500016 BTC [-]

00:32:38 lurker: Many miners (many copies of the blockchain) builds trust in the blockchain itself.

00:32:51 lurker: kind of a quorum.

00:33:17 lurker: or quanta, à la gold value.

00:33:47 lurker: Then comes demand for the quanta and that creates value.

00:34:03 asciilifeform: lurker: L. Lamport. "The Byzantine Generals Problem."

00:34:05 asciilifeform: http://www.cs.cornell.edu/courses/cs614/2004sp/papers/lsp82.pdf

00:34:31 asciilifeform: read and then come back...

00:35:42 asciilifeform: (and then he'll come back and ask why 51% attack in btc, and not a 67% attack. and it'll be fair.)

00:36:37 mircea_popescu: for that matter, demand does not create value. value creates demand.

00:36:53 mircea_popescu: this is why the qe does not improve the position of the us.

00:37:21 lurker: asciilifeform: I'm not looking at it from the technology standpoint.

00:38:09 lurker: mircea_popescu: chicken or egg?

00:38:29 lurker: you can't have value before you have demand.

00:38:36 asciilifeform: lurker: unless you know the theoretical limits of the tech, you're stuck pontificating.

00:39:20 asciilifeform: sorta like people who ponder solutions to energy crisis without ever having heard of thermodynamical laws, the carnot engine, etc.

00:39:22 mircea_popescu: in a sense, the tech creates the ontological limits of the discourse. this is not visible as much in "classical" applications, because somehow it's obvious that your particular abilities to deal with weak nuclear force are involved.

00:39:41 mircea_popescu: but in more advanced applications, there's little way to distinguish between "tech" and "the rules of the world"

00:40:17 lurker: OK, so what, for you, creates the value of bitcoin?

00:40:35 mircea_popescu: the fact that it gives better answers to several classes of problems

00:40:46 mircea_popescu: http://fraudsters.com/category/bitcoin/

00:40:46 ozbot: Bitcoin pe fraudsters - Un blog de Mircea Popescu.

00:40:53 mircea_popescu: read through there, i've written out many cases.

00:45:02 VanCleef: bitcoin is a new global scam tho

00:46:29 lurker: mircea_popescu: I don't see anything that would put value before demand.

00:46:44 mircea_popescu: VanCleef you're not even kidding, i get a lot of (mostly, older, mostly white, mostly male, republican types) very indignant at how they knoiw btc to be a scam

00:47:23 asciilifeform: has nobody ever heard of 'hawala'?

00:47:47 asciilifeform: they've been doing 'bitcoin' since the caliphs.

00:49:27 mircea_popescu: and they had a pretty good solution for the byzantine generals, rtoo.

00:52:41 VanCleef: it is a scam

00:52:48 VanCleef: looking at what happening to mining

00:52:55 dexX7: hey asciilifeform, do you have a blog or something similar, too? it's not the first time i see you posting something interesting

00:52:55 VanCleef: taking satoshi to court over this

00:53:16 asciilifeform: dexX7: sure. 'loper-os.org'.

00:53:37 dexX7: ah ty

00:54:55 asciilifeform: VanCleef: say you're trying to catch a bus, and run late. you run after it, and jump, don't quite make it, fall into traffic. the end. buses are a scam?

00:56:56 mircea_popescu: yes.

00:56:59 mircea_popescu: definitely.

00:57:16 VanCleef: what do buses have to do with scamming people out of money?

00:57:32 VanCleef: catching a bus isn't involving yourself with a pyramid scheme

01:00:13 lurker: asciilifeform/mircea_popescu: bitcoin is a bus. do you care what engine it has? (on this, night night / arrevedere)

01:01:33 VanCleef: think of it more like this

01:02:05 VanCleef: say you spent 100grand on a bus ticket right and instead of the bus driver picking you up he crashes into your living room and starts raping your grandmother

01:02:16 VanCleef: you wouldn't get a bit upset?

01:02:57 skinnkavaj: Anyone here remember what price Litecoinglobal shares was at launch?

01:03:15 asciilifeform: VanCleef: are you thinking of something other than the difficulty increase?

01:03:29 asciilifeform: because the latter is in no way a surprise

01:07:07 mircea_popescu: perhaps a surprise in degree, but certainly not in kind

01:09:48 Kleeck_: who runs litecoinglobal?

01:09:52 Kleeck_: not burnside, I take it

01:10:02 dexX7: he did

01:10:14 Kleeck_: he sold it?

01:10:29 dexX7: hm?

01:10:36 dexX7: he was the admin there the whole time

01:11:03 Kleeck_: I was told that the site was coming back into operation?

01:11:10 Kleeck_: Maybe I was ill informed.

01:12:05 dexX7: ah, i think you mistake it with www.litecoininvest.com?

01:34:37 assbot: [HAVELOCK] [AM100] 23 @ 0.00501 = 0.1152 BTC [+]

01:44:43 samson_: !dgc

01:46:44 samson_: !offline

01:46:58 samson_: oops - sorry - wrong channel

01:50:33 KRS1: hi

02:09:47 mircea_popescu: ?There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that ?my ignorance is just as good as your knowledge.?

02:09:54 mircea_popescu: let's play guess the author

02:10:07 asciilifeform: naggum?

02:11:02 mircea_popescu: hehe nope. sci fi guy.

02:11:29 asciilifeform: heinlein?

02:11:39 mircea_popescu: nope.

02:17:20 KRS1: my god people you have google and you still get it wrong

02:19:58 nubbins`: foundation, good books

02:21:17 mircea_popescu: yeh

02:49:34 dub: chopra?

02:53:15 mircea_popescu: chopra ?

03:04:40 dub: deepak

03:09:44 mircea_popescu: nah.

03:21:22 assbot: [HAVELOCK] [AM100] 133 @ 0.00534938 = 0.7115 BTC [-]

03:48:49 assbot: [HAVELOCK] [AM1] 5 @ 0.59999 = 3 BTC [+]

03:51:52 assbot: [HAVELOCK] [AM1] 1 @ 0.6 BTC [+]

04:39:07 nubbins`: http://imgur.com/Lu5cWik

04:39:07 ozbot: imgur: the simple image sharer

04:39:15 nubbins`: from the next zine we're publishing

04:39:42 nubbins`: his face makes me feel funny :(

05:16:15 assbot: [HAVELOCK] [LABCO] 250 @ 0.00045003 = 0.1125 BTC [-]

05:18:17 assbot: [HAVELOCK] [AM100] 200 @ 0.00534938 = 1.0699 BTC [-] {4}

05:21:08 mircea_popescu: http://fraudsters.com/2013/the-perfect-escrow/ << wanna hear opinions

05:21:09 ozbot: The perfect escrow pe fraudsters - Un blog de Mircea Popescu.

05:37:36 assbot: [HAVELOCK] [AM100] 59 @ 0.00535 = 0.3157 BTC [+]

09:40:35 assbot: [HAVELOCK] [AM100] 27 @ 0.00511 = 0.138 BTC [-]

09:50:45 assbot: [HAVELOCK] [AM100] 2000 @ 0.00500135 = 10.0027 BTC [-] {8}

09:51:46 assbot: [HAVELOCK] [AM100] 868 @ 0.005 = 4.34 BTC [-] {3}

10:01:56 assbot: [HAVELOCK] [AM100] 48 @ 0.00511 = 0.2453 BTC [+]

10:11:05 assbot: [HAVELOCK] [AM100] 100 @ 0.0050539 = 0.5054 BTC [-] {2}

10:21:15 assbot: [HAVELOCK] [AM100] 99 @ 0.00503001 = 0.498 BTC [-]

10:49:02 skinnkavaj: pankkake

10:49:19 skinnkavaj: So tonight Gavin Andresen made changes to Litecoin source code

10:49:27 skinnkavaj: And many other developers

10:49:44 skinnkavaj: LTC is used as a testing ground

10:50:25 skinnkavaj: And you think LTC is uselesss? You are useless for thinking that

10:50:32 skinnkavaj: Open your mind

10:50:36 skinnkavaj: Think outside of the box

11:03:57 assbot: [HAVELOCK] [AM100] 60 @ 0.0052 = 0.312 BTC [+]

11:06:09 jurov: bitcoin every day, litecoin every night. cool!

11:06:38 VanCleef: litecoin a new scam by satoshi

11:09:24 jurov: at least they are classy. unlike xrrrrrp

11:10:56 pankkake: skinnkavaj: *I* made changes to the litecoin source code. are you flabbergasted yet?

11:12:14 pankkake: skinnkavaj: could you point out the commits? I have a feeling you don't know how git works

11:15:28 Apocalyptic: pankkake, i totally am

11:15:37 Apocalyptic: we should label you the LTC developper

11:15:44 pankkake: :D

11:16:33 pankkake: however it's interesting to node that wtogami contributes a lot to bitcoin

11:16:37 pankkake: note

11:27:36 bitesak: ;;ticker

11:27:37 gribble: MtGox BTCUSD ticker | Best bid: 207.48043, Best ask: 208.28998, Bid-ask spread: 0.80955, Last trade: 208.28998, 24 hour volume: 5828.45863154, 24 hour low: 204.02000, 24 hour high: 209.79000, 24 hour vwap: 206.99371

11:28:21 assbot: [HAVELOCK] [NEOBEE] 500 @ 0.00272953 = 1.3648 BTC [-] {3}

11:29:22 assbot: [HAVELOCK] [NEOBEE] 250 @ 0.00272999 = 0.6825 BTC [+] {3}

11:30:23 assbot: [HAVELOCK] [NEOBEE] 770 @ 0.00273876 = 2.1088 BTC [+] {3}

11:30:25 bitesak: so it seems ltc hasn't reached the bottom yet

11:32:25 assbot: [HAVELOCK] [NEOBEE] 1590 @ 0.0027877 = 4.4324 BTC [+]

11:46:04 KRS1: It will reach the bottom when you click this

11:46:04 KRS1: http://31.media.tumblr.com/tumblr_mcdzlvKvwB1rjr229o1_1280.jpg

11:47:22 bitesak: done

11:57:04 bitesak: http://www.news.com.au/money/money-matters/norwegian-student-kristoffer-koch-buys-27-in-bitcoin-in-2009-now-he-owns-an-apartment/story-e6frfmd9-1226748159679

11:57:04 ozbot: Norwegian student Kristoffer Koch buys $27 in bitcoin in 2009, now he owns an apartment |

12:00:53 assbot: [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share

12:03:11 KRS1: good article

12:03:48 kakobrekla: is short "Look bitch, its 200 now, shut the fuck up from now on."

12:04:02 kakobrekla: in short*

12:04:50 kakobrekla: ok WTF

12:05:32 kakobrekla: plus 500 tells me, most popular forex pairs last 3 days: first EURUSD, second BITCOIN/USD, third EUR/JPY

12:05:34 kakobrekla: wtf

12:08:26 ThickerThanThiev: Bitcoin Pride is for sale, heh - https://bitcointalk.org/index.php?topic=320690.msg3341965;topicseen#new

12:08:50 kakobrekla: um

12:08:55 kakobrekla: didnt that thing ipo or something?

12:09:10 bitesak: popular in terms of word of mouth or something, obviously not volume.. yet

12:09:27 kakobrekla: bitesak it doest say

12:09:30 ThickerThanThiev: $20k in sales

12:09:30 kakobrekla: also they trade CFD

12:09:38 kakobrekla: so it does not affect the market

12:09:41 ThickerThanThiev: "No forced buyback may be enforced for shares of BitPride."

12:09:49 kakobrekla: cause they are a bucket shop

12:10:09 ThickerThanThiev: so they are selling an already sold co

12:11:03 assbot: [HAVELOCK] [DEALCO] 15 @ 0.00779987 = 0.117 BTC [-]

12:12:20 kakobrekla: you mean like EV sold SD twice?

12:12:21 kakobrekla: :)

12:12:52 kakobrekla: anyway not sure what their contract says

12:12:56 kakobrekla: if they even have one

12:13:52 kleeck: Ah, Healthcare.gov...

12:13:59 kleeck: What a beautiful mess.

12:14:47 kleeck: I logged on just to see what all the fuss is about. Yup. Worst $1B Website ever.

12:15:15 kakobrekla: whats wrong?

12:15:19 kakobrekla: no facebook login?

12:15:25 kleeck: Hahaha.

12:15:30 kleeck: Everything is wrong.

12:15:42 kleeck: Hardly anyone can get through to SEE a quote.

12:16:06 kleeck: You have to fill out pages on pages of household info - think doing your taxes just to see if the USG can do anything for you.

12:16:23 kleeck: It's abysmal.

12:16:24 kakobrekla: aha

12:16:33 kakobrekla: sucks for mericans

12:16:53 kleeck: I'm sure I won't qualify for anything better than my work provides, but I wanted to check it.

12:17:08 kleeck: I couldn't even get past the household information section. It just locked up.

12:17:28 kakobrekla: lolk

12:17:34 kleeck: Maybe I can SQL inject my info...

12:18:03 kleeck: I decided to chat with one of ther operators. A feature that actually worked.

12:18:08 kleeck: That was fun.

12:18:35 kakobrekla: how come?

12:18:50 kleeck: To see if there was a solution to getting through the fucking form.

12:18:52 kleeck: lol

12:18:56 kleeck: Here's an excerpt:

12:18:57 kleeck: [08:09:49 am]: CALLER

12:18:57 kleeck: How is it that $600M doesn't at LEAST get me through the form section.

12:18:57 kleeck: [08:09:54 am]: CALLER

12:18:57 kleeck: I mean. I'm filling in fields on a form...

12:18:57 kleeck: [08:10:46 am]: Marissa

12:19:00 kleeck: Even though we can provide you with information about the Marketplace, we cannot give our opinions or advice about your health care options. We can provide you with the facts and help you understand your choices. If you need additional support, you can reach out to the consumer assistance programs within your state

12:19:05 kleeck: [08:11:05 am]: CALLER

12:19:08 kleeck: Ouch... macro'd.

12:19:11 kleeck: [08:11:33 am]: CALLER

12:19:15 kleeck: Fair enough, Marissa. I know you didn't build this magnificent beast.

12:19:17 kleeck: [08:11:45 am]: CALLER

12:19:18 kleeck: Have a good day.

12:19:21 kleeck: < CALLER

12:19:39 kleeck: Poor call center people...

12:19:58 kakobrekla: how is it a call if its a text

12:20:10 kleeck: It isn't...

12:20:15 kleeck: Here's a better bit:

12:20:15 kleeck: [08:06:19 am]: CALLER

12:20:15 kleeck: I guess I'll just have to check back when the US Gov learns how to build a proper website.

12:20:15 kleeck: [08:06:47 am]: Marissa

12:20:15 kleeck: Unfortunately the website will not let you go any further due to the technical issue. You can call the Marketplace and they can pick up your app where you left off if you would like.

12:20:17 kleeck: [08:06:48 am]: CALLER

12:20:19 kleeck: This whole internet thing is pretty new, so I'll cut them some slack.

12:20:21 kleeck: [08:07:08 am]: Marissa

12:20:23 kleeck: Thank you for being so patient,

12:20:25 kleeck: [08:07:19 am]: CALLER

12:20:27 kleeck: Oh, of course.

12:20:34 kleeck: :)

12:20:39 kakobrekla: this gets transcribed automagically?!

12:21:02 kleeck: Eh?

12:21:06 kleeck: Copy and Paste?

12:21:13 kakobrekla: so not a call.

12:21:16 kleeck: No.

12:21:19 kakobrekla: aa.

12:21:19 kakobrekla: ok

12:21:19 kleeck: It was a chat session.

12:21:22 kleeck: Built into the site.

12:21:23 kleeck: Sorry.

12:21:27 kakobrekla: is what boggled me

12:21:30 kleeck: ah

12:21:30 kakobrekla: no worries

12:21:30 kleeck: lol

12:22:05 kakobrekla: ah well

12:22:26 kakobrekla: i guess noone properly tested the shit

12:22:48 kleeck: The site was $600,000 before what they're calling "The Tech Surge" - meaning they hired even more incompetent people to work for time and half or double time.

12:23:14 kleeck: They imposed their own deadline on applications, then realized their site doesn't work to GET the applications.

12:23:21 kleeck: But you can fill out a paper form and mail it in...

12:23:34 kakobrekla: it just wouldnt look as good with only 60k on the bill.

12:24:16 assbot: [HAVELOCK] [HIM] 9 @ 0.06010002 = 0.5409 BTC [-]

12:24:22 kleeck: In my experience with systems architecture, having MORE people working on isolating the problem doesn't make anything better.

12:24:36 kleeck: If anything, for me, it has slowed down processes .

12:24:38 kakobrekla: are they getting it fixd now?

12:26:57 kleeck: They're trying.

12:33:23 ThickAsThieves: People act like they never had to deal with a broken website before

12:33:48 ThickAsThieves: or that a new national healthcare website having problems is a travesty

12:34:08 ThickAsThieves: it was probly some Tea Party web devs that sabotaged it anyway

12:34:32 ThickAsThieves: people need to just calm down and "get off the forums"

12:35:37 bitesak: It seems more of a symptom than the real problem

12:36:12 ThickAsThieves: the real problem being that humans are human?

12:36:31 kakobrekla: the real problem is chemtrailz

12:36:48 deadweasel: and HAARP

12:37:14 bitesak: the real problem is that there is no problem

12:38:46 bidji: There is a 4 Millions $ IPO of mcxNOW right now! At https://mcxnow.com/buymcx.html . It's a Bitcoin Exchange. You can follow it in realtime.

12:39:28 bidji: it's currently only for the existing holder, but it will open to the public in ~64hours

12:41:42 bitesak: where does the 4 million figure come from?

12:42:15 kakobrekla: the formula is: 1*ScamFactor

12:43:10 bitesak: 12288 accounts !

12:43:41 kakobrekla: reddit has more

12:43:44 Apocalyptic: kakobrekla, guess ScamFactor is pretty high

12:43:44 kakobrekla: and its worth 5$

12:44:02 kakobrekla: ok 8$, cause of the emails.

12:44:18 ThickAsThieves: isnt mcxnow a ponzi?

12:45:31 Apocalyptic: http://thecryptoblog.com/realsolid-needs-money2012-realsolid-has-money2013-can-you-trust-mcxnow/

12:46:04 kakobrekla: dunno but he sounds really solid guy!

12:46:09 Apocalyptic: indeed

12:46:28 skinnkavaj: ThickAsThieves: Not a ponzi. It's legit. But still a high price.

12:46:36 skinnkavaj: The interest is made from all trading fees.

12:46:39 bitesak: it smells like and until proven otherwise, it shall or should be treated as such

12:46:41 kakobrekla: A legit ponzi.

12:46:41 ThickAsThieves: how is it legit?

12:46:54 ThickAsThieves: dont they pay you to carry a balance?

12:46:55 skinnkavaj: ThickAsThieves: How can you even throw a word like ponzi

12:47:00 skinnkavaj: Do you know what it means?

12:47:02 ThickAsThieves: lol

12:47:09 skinnkavaj: Please

12:47:14 skinnkavaj: The interst is made from

12:47:15 kakobrekla: its a surname doh!

12:47:18 pankkake: ThickAsThieves: yes, but it's from the trading fees only

12:47:18 skinnkavaj: all trading fees

12:47:31 ThickAsThieves: do they or do they not have services that pay you to simply hold money there?

12:47:32 skinnkavaj: ThickAsThieves: Seriously shut the fuck up.

12:47:38 bitesak: and only trading fees, not the balance !

12:47:44 skinnkavaj: Don't open your mouth and throw words like poni without knowing anthing.

12:47:51 ThickAsThieves: dude shut up

12:47:52 pankkake: ponies

12:47:54 kakobrekla: NO PONY

12:47:55 bitesak: Amazing

12:48:14 pankkake: mcxnow is a pony exchange? now I want in

12:48:17 skinnkavaj: Everything that is not understood is ponzi

12:48:19 dexX7: "dividends" are paid out with trading fees for "fee shares", trading "fee shares" generates fees

12:48:26 kakobrekla: also has racehorces from ireland.

12:48:31 skinnkavaj: Reminsd me of when trying to explain bitcoin

12:48:33 skinnkavaj: PONZI

12:48:39 skinnkavaj: ThickAsThieves LOL

12:48:39 ThickAsThieves: bitcoin is a ponzi

12:48:48 kakobrekla: but not a pony.

12:48:54 skinnkavaj: PONI

12:48:57 ThickAsThieves: def not a poni

12:49:31 skinnkavaj: I think all exchanges should take over after mcxNOW model

12:49:37 skinnkavaj: Share trading fee profits with users.

12:49:40 skinnkavaj: Would be fair.

12:49:42 ThickAsThieves: "Join the investment class today and start the wealth creation process!" is their main headline

12:49:58 ThickAsThieves: suatmm!

12:50:11 skinnkavaj: ThickAsThieves: Yeah. But not a ponzi sceheme. Seriously don't use that word.

12:50:26 skinnkavaj: It makes you classified retarded in public if you do.

12:50:27 VanCleef: triangle scheme?

12:50:36 VanCleef: pyramid

12:50:40 ThickAsThieves: i guess i'm retarded

12:50:56 skinnkavaj: ThickAsThieves: Not retarded

12:50:59 skinnkavaj: But you went full retrd

12:51:01 skinnkavaj: Never go full retard.

12:51:08 dexX7: by the way: https://coinfloor.co.uk

12:51:09 ThickAsThieves: and skinnkavaj is the wise one

12:51:42 pankkake: even a broken clock is right twice a day

12:52:24 Apocalyptic: <skinnkavaj> But you went full retrd // you're telling that to TAT, rofl

12:52:24 ThickAsThieves: mcxnow bid book for ltc is 74btc total

12:53:04 skinnkavaj: Apocalyptic: Like TAT is some holy god. I have much respect for TAT. But almost lost it now when he throw a word like ponzi, without any resarch.

12:53:12 pankkake: it's just after btc-e in volume according to cryptocoincharts, though

12:53:26 ThickAsThieves: stinkavag, when i say ponzi, all i mean is that they are not making as much profit as are gicing out

12:53:29 ThickAsThieves: giving*

12:53:40 ThickAsThieves: so this new IPO is likely the cash out

12:53:57 ThickAsThieves: and if people still believe after this, maybe theyll milk some more

12:53:57 skinnkavaj: ThickAsThieves: Seriously, google ponzi sceheme. I think you and many else need to learn what it means.

12:54:06 pankkake: lol

12:54:16 ThickAsThieves: dude

12:54:20 VanCleef: this is like the asicminer scam all over again this mcxnow

12:54:39 kakobrekla: wut?!

12:54:40 ThickAsThieves: so mcxnow gets all these idiots to deposit their coin

12:54:46 ThickAsThieves: and divs are paid usign the deposits

12:54:59 Apocalyptic: ThickAsThieves, you figured it out

12:55:10 ThickAsThieves: yeah, a poni

12:55:39 skinnkavaj: ThickAsThieves: If you think about it, it's genius and have very good reason to be legit. By giving out 25% of all profit generated, they draw attention from users and from investors. And they are more likely to trade there. I am not affilaited with the site, but I saw it's potential early.

12:55:45 skinnkavaj: It's a really good exchange, you cannot take away that.

12:55:56 ThickAsThieves: what profit?

12:56:02 dexX7: and divs are paid usign the deposits << afaik by trading fees, not deposits - deposits receive a fraction of the fees though

12:56:06 ThickAsThieves: from scamming depositors?

12:56:08 skinnkavaj: ThickAsThieves: You know all exchanges have trading fees?

12:56:12 skinnkavaj: Like 0.2% on all trades.

12:56:21 ThickAsThieves: they do!?

12:56:24 ThickAsThieves: this changes everything

12:56:27 dexX7: lol

12:56:27 pankkake: ThickAsThieves: it's not a fixed interest. it's a part of the trading fees

12:56:32 skinnkavaj: They also have in their trollbox, something called payed bans. You can pay and ban anyone you want from typing in chat.

12:56:36 skinnkavaj: Pretty hilarious function.

12:56:41 kakobrekla: dexX7: thats nefarios thing

12:56:44 dexX7: yup

12:56:45 kakobrekla: that exchange.

12:56:49 kakobrekla: huhu

12:57:00 pankkake: paid bans are indeed a good feature

12:57:11 ThickAsThieves: you know you are at a pro site when you have to pay to get rid of the vagrants

12:57:29 ThickAsThieves: its not a good feature

12:57:33 ThickAsThieves: its idiocy

12:57:35 pankkake: I'd make myself banned all the time by trolling and be rich (well, if I was getting the fees)

12:57:41 Apocalyptic: TAT, don't bother

12:57:46 skinnkavaj: I think we need to change definition of ponzi, it's thrown out every time when something is not understood. Even by respected people in the community like ThickAsThieves. Can anyone update wiki page?

12:57:58 Apocalyptic: pankkake, i'm sure you would be great at it

12:58:38 Apocalyptic: mircea really needs to update his post about skinnkavaj

12:58:38 nubbins`: hi

12:58:44 Apocalyptic: it gets better

12:59:17 ThickAsThieves: so how many mcxnow shares is everyone buying?

12:59:27 skinnkavaj: ThickAsThieves: Nothing. It's overpriced.

12:59:27 nubbins`: i thought skinnkavaj was just a random word generator with a bias towards "ltc"

12:59:38 ThickAsThieves: hehe

12:59:58 skinnkavaj: ThickAsThieves: Do you remember Litecoinglobal IPO?

13:00:03 ThickAsThieves: no

13:00:08 bidji: Interest are not paid using the deposit of newcomer It's paid using 25% of all the fee generated by the exchange. When the total BTC depositwnet from 1000BTc to 10000BTc, the interest shrinked

13:00:37 skinnkavaj: Listen to bidji^

13:00:43 ThickAsThieves: so you have reports of all money paid out versus all income?

13:00:53 dexX7: 100000 fee shares in total, 5000 issued, 45000 up for sale now

13:00:55 nubbins`: <kleeck>The site was $600,000 before what they're calling "The Tech Surge" - meaning they hired even more incompetent people to work for time and half or double time.

13:01:00 skinnkavaj: ThickAsThieves: No it's ponzi.

13:01:03 bidji: https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=0

13:01:04 ozbot: Google Drive

13:01:06 nubbins`: yeah. because adding more resources solves the problem quicker

13:01:10 nubbins`: except it doesn't

13:01:34 nubbins`: while i've never read "the mythical man-month", i'm told it addresses this very problem

13:01:56 Jere_Jones: "Nine women can't make a baby in one month"

13:02:01 nubbins`: right?

13:02:02 dexX7: issued was maybe the wrong word.. 5000 are traded, all 100k received "dividends" afaiak

13:02:18 ThickAsThieves: i only glanced, but i dont see trade fee income on these sheets

13:02:22 kleeck: <kleeck> In my experience with systems architecture, having MORE people working on isolating the problem doesn't make anything better.

13:02:22 kleeck: <kleeck> If anything, for me, it has slowed down processes .

13:02:45 nubbins`: ^

13:02:46 nubbins`: nod

13:02:52 nubbins`: if 10 people can eat a pizza in 10 minutes, then surely 100 people can eat the same pizza in 1 minute, right?

13:02:55 skinnkavaj: ThickAsThieves: Maybe because it's ponzi

13:02:59 nubbins`: only wait, some asshole has to cut a pizza into 100 pieces

13:03:07 nubbins`: which takes a half hour and ruins the pizza

13:03:22 ThickAsThieves: not sur ethats the best example

13:03:31 ThickAsThieves: 100 people will def eat a pizza faster

13:03:33 nubbins`: food analogies resonate with people

13:03:40 nubbins`: ThickAsThieves: once it's cut, yes

13:03:44 ThickAsThieves: why cut it?

13:03:46 ThickAsThieves: just bite it

13:03:47 pankkake: adding to the lulz, the owner is an altcoin developer!

13:03:49 nubbins`: ....

13:03:50 skinnkavaj: ThickAsThieves: Good job with Neobee though

13:03:56 skinnkavaj: Have you met Danny IRL?

13:03:56 nubbins`: 100 people biting a pizza

13:04:03 ThickAsThieves: Yes, I have.

13:04:04 nubbins`: that sounds more like an episode of the walking dead

13:04:43 ThickAsThieves: pizza would be eaten in like 90secs

13:04:52 skinnkavaj: Bitcoin = ponzi scehem created by Satoshi Nakamoto

13:04:57 skinnkavaj: I dont understand

13:04:58 ThickAsThieves: yep

13:05:11 ThickAsThieves: bitcoin is an anarco-ponzi

13:05:23 ThickAsThieves: basically use everyone's greed and nerdiness to adopt it,

13:05:38 ThickAsThieves: then blink it all away with a glitch

13:06:04 pankkake: quantum computing!

13:06:08 ThickAsThieves: anarcho*

13:06:15 ThickAsThieves: yep!

13:06:18 skinnkavaj: pankkake: Quantum Ponzi

13:06:22 skinnkavaj: Quantum what?

13:06:27 nubbins`: anarcho-quantum ponzi

13:06:54 ThickAsThieves: everyone is left poor and crying for regulation

13:08:01 nubbins`: sounds like you're describing gold

13:08:29 ThickAsThieves: meanwhile the forum is up in arms because Friedcat may or may not have told a chinese girl things everyone knew already

13:08:41 ThickAsThieves: and cuz Neo uses Oracle

13:08:45 ThickAsThieves: funny people

13:08:52 pankkake: > Neo uses Oracle

13:08:54 pankkake: lol

13:08:57 ThickAsThieves: lol

13:09:01 ThickAsThieves: didnt ecven realize

13:09:35 nubbins`: heh

13:12:44 nubbins`: that bitcoin atm is really making waves here in canada

13:14:05 assbot: [HAVELOCK] [AM100] 60 @ 0.00531666 = 0.319 BTC [-] {2}

13:14:27 lewicki: what kind of waves?

13:14:52 skinnkavaj: Ponzi waves

13:14:53 pankkake: ripples

13:15:06 assbot: [HAVELOCK] [AM100] 25 @ 0.0052 = 0.13 BTC [-]

13:15:10 skinnkavaj: Everyone is getting rich together!

13:15:15 skinnkavaj: Bitcoin pyramid is not stopping!

13:15:20 skinnkavaj: We are going to the m00n!

13:16:26 nubbins`: ...

13:16:28 nubbins`: news waves

13:16:42 nubbins`: or, y'know, ripples

13:17:31 nubbins`: http://log.bitcoin-assets.com/?date=29-10-2013#361420

13:17:34 ozbot: #bitcoin-assets log

13:19:10 assbot: [HAVELOCK] [B] [XBOND] 248 @ 0.00110996 = 0.2753 BTC [-]

13:19:11 assbot: [HAVELOCK] [AM100] 30 @ 0.00502067 = 0.1506 BTC [-] {2}

13:19:42 kleeck: Trollmode activated: https://bitcointalk.org/index.php?topic=263445.msg3434192#msg3434192

13:21:12 assbot: [HAVELOCK] [AM1] 5 @ 0.5611 = 2.8055 BTC [-] {2}

13:22:00 nubbins`: heh

13:23:09 nubbins`: y'know, i'm kind of surprised havelock is still allowing US customers

13:23:13 kleeck: I do love Puppet though. He's the guy running around the party telling everyone who is smoking that they're damaging their lungs, and everyone that is drinking underage or doing illicit drugs that they're breaking the law.

13:23:14 lewicki: that thread is sooo friggin long haaha

13:23:25 kleeck: it is lewicki, it is

13:23:33 kleeck: Quite the cluterfuck.

13:25:07 ThickAsThieves: are you surprised mpex is serving US customers too?

13:25:16 assbot: [HAVELOCK] [KCIM] 1 @ 0.399 BTC [+]

13:27:18 assbot: [HAVELOCK] [KCIM] 1 @ 0.4 BTC [+]

13:27:20 assbot: [HAVELOCK] [SMG] 8080 @ 0.00010119 = 0.8176 BTC [-] {6}

13:30:21 assbot: [HAVELOCK] [VTX] 1 @ 0.31500016 BTC [-]

13:33:03 nubbins`: ThickAsThieves: nope

13:33:27 nubbins`: i don't think mpex gives a particular fuck about US regulations

13:34:40 skinnkavaj: I would like to fuck MPOE-PR and never touch her again

13:35:00 nubbins`: granted, i can't recall a romanian national ever being extradited to america to face charges for something they did while in romania, so there doesn't appear to by any particular need to give a fuck

13:35:00 skinnkavaj: ThickAsThieves: Would you like that?

13:35:26 assbot: [HAVELOCK] [KCIM] 2 @ 0.4 = 0.8 BTC [+]

13:35:48 ThickAsThieves: ignored, sry

13:36:04 nubbins`: heh

13:38:43 VanCleef: lol never touch her again

13:40:36 nubbins`: implication is that he usually gets to touch women again after having sex with them

13:40:37 nubbins`: lel

13:40:59 kleeck: implying that he has sex with women.

13:41:15 kleeck: dogs, maybe.

13:41:21 kleeck: but only hooker dogs.

13:41:24 nubbins`: "i fucked my bitch again"

13:41:32 assbot: [HAVELOCK] [VTX] 2 @ 0.31500016 = 0.63 BTC [-] {2}

13:43:03 kleeck: "cheapest bitch on the block, man. Demands day old KFC. Eats the bones and all. Wild-ass mutt."

13:44:54 nubbins`: any of you guys watch trailer park boys?

13:50:02 KRS-: young moola BAYBAYY

13:52:34 KRS-: kleeck: puppet as in puppet labs?

13:54:20 ThickAsThieves: new xmen trailer http://www.youtube.com/watch?v=pK2zYHWDZKo

13:54:24 KRS-: nvm

13:54:32 kleeck: Puppet as in: https://bitcointalk.org/index.php?action=profile;u=65207

13:54:37 Apocalyptic: <bidji> objectively, 10% yield is pretty good. But i think the future growth can be really good, because the owner will add gaming/gambling on the site

13:54:58 Apocalyptic: so it will be an exchange + gambling site in one ?

13:55:19 bidji: yep

13:56:15 KRS-: that guy

13:56:48 bidji: because all the security stuff is already done + a lot of money deposited, it's a lot easier to do gambling succesfully

13:57:06 KRS-: tight

13:57:28 bidji: That's why i think 0.4BTC/share is a very good deal. The potential of growth is huge

13:57:39 bidji: https://mcxnow.com/buymcx.html

13:57:40 ozbot: mcxNOW - Buy mcxFEE

13:57:42 skinnkavaj: Personally I am waiting until next week when it's going to be 0.2BTC/share

13:58:10 skinnkavaj: It's going to get dumped even if it does sell out, which I doubt.

13:58:12 bidji: i doubt it will go this low. Maybe 0.35, but not sure

13:58:47 bidji: Good return are already here

13:58:52 Apocalyptic: KRS-, yep

13:59:50 Apocalyptic: he's a visionary, like the Steeve Jobs of bitcoin

14:03:25 kleeck: Oh god. can we never say that again, please?

14:03:47 bidji: Not really, Steve Jobs was very good at PR not in tech. and dev.

14:03:56 KRS-: hehe yea with that comes fans and haters alike

14:04:10 bidji: RealSolid (owner of mcxNOW) is an utterly disaster PR wise

14:04:29 Apocalyptic: so bidji you're helping him out

14:04:33 bidji: But very good at develloping

14:04:35 Apocalyptic: that's kind of you

14:04:54 bidji: Yeah i try ;) I can't be worse than him for sure

14:04:55 assbot: [HAVELOCK] [LABCO] 307 @ 0.00072849 = 0.2236 BTC [+] {8}

14:18:08 assbot: [HAVELOCK] [B] [XBOND] 990 @ 0.00110998 = 1.0989 BTC [+]

14:21:11 assbot: [HAVELOCK] [AM1] 1 @ 0.6 BTC [+]

14:21:28 bitesak: mpex is on vacation !!

14:24:14 assbot: [HAVELOCK] [AM100] 200 @ 0.00531998 = 1.064 BTC [+] {2}

14:25:35 skinnkavaj: bitesak: http://i.imgur.com/gE4ykQa.jpg

14:26:06 kleeck: WOw. Today is full of governmental fail...

14:26:21 kleeck: Now it's State Gov, though. The Fed is off the hook. FOR NOW.

14:29:54 nubbins`: http://www.cbc.ca/news/canada/newfoundland-labrador/story-from-leaked-sex-report-also-in-dvd-sent-to-schools-1.2254904

14:29:55 ozbot: Story from leaked sex report also in DVD sent to schools - Newfoundland & Labrador - CBC News

14:29:57 nubbins`: government fail here too

14:29:59 jurov: wait wat, mcxnow is owned by solidcoin/microcrash creator?

14:30:12 kakobrekla: yea

14:30:20 assbot: [HAVELOCK] [NEOBEE] 41 @ 0.00278769 = 0.1143 BTC [+]

14:30:38 jurov: then i dont need to know anything more

14:33:57 kakobrekla: yea

14:34:27 jurov: http://m.romatoday.it/cronaca/sesso-metro-b-foto.html some delights of flesh

14:34:30 ozbot: Sesso metro B a Roma: la foto fa il giro dei socialnetwork

14:34:53 jurov: proud to be yurpn :DDD

14:38:42 pankkake: http://www.coindesk.com/bitpay-processes-1-million-bitcoin-order-butterfly-labs/ who's crazy enough to do that?

14:39:15 jurov: clearly the feds

14:41:54 ThickAsThieves: crazy enough to give bfl $1m?

14:42:27 jurov: "Butterfly Labs can now ship this merchandise with confidence that there will be no reversibility or chargeback of the payment, which is a significant risk when accepting credit cards online or PayPal,” said Gallippi.

14:43:16 jurov: confidence indeed

14:43:16 nubbins`: hahaha

14:43:19 ThickAsThieves: "customers cant get their money back now, even if we should give it to them"

14:43:20 dexX7: that's not even 120 th

14:43:37 nubbins`: failbot

14:46:28 ThickAsThieves: headline on cnn.com "What did Obama know, and when did he find out?"

14:46:29 dexX7: ah maybe this one: https://products.butterflylabs.com/1-gh-cloud-hosted-bitcoin-hashing-power.html max allowed 100000 (= 100 th) for $1,083,000.00

14:46:36 ThickAsThieves: what the hell does it matter?

14:47:32 skinnkavaj: Omfg

14:47:51 skinnkavaj: It makes me sad that rich investors is wasting their money on BFL.

14:53:41 nubbins`: really?

14:53:52 KRS-: I wasted my money on BFL and made a few bucks =/

14:54:06 nubbins`: "i'm sad that rich people are losing money"

14:54:16 KRS-: poor rich people

14:54:18 nubbins`: yeah

14:55:45 assbot: [HAVELOCK] [HIM] 33 @ 0.06010015 = 1.9833 BTC [+]

14:56:46 assbot: [HAVELOCK] [AM1] 1 @ 0.6 BTC [+]

14:58:48 assbot: [HAVELOCK] [AM100] 78 @ 0.00539999 = 0.4212 BTC [+] {2}

15:00:50 assbot: [HAVELOCK] [AM100] 22 @ 0.0054 = 0.1188 BTC [+] {2}

15:03:22 KRS-: why would the feds order $1MM worth of mining equipment? seems odd

15:03:30 KRS-: (U.S. feds)

15:03:36 kakobrekla: https://madiba.encs.concordia.ca/~x_decarn/truecrypt-binaries-analysis/

15:03:37 ozbot: How I compiled TrueCrypt 7.1a for Win32 and matched the official binaries

15:15:04 assbot: [HAVELOCK] [AM100] 500 @ 0.00546786 = 2.7339 BTC [+] {6}

15:16:05 assbot: [HAVELOCK] [AM100] 500 @ 0.0055 = 2.75 BTC [+]

15:18:07 assbot: [HAVELOCK] [AM100] 41 @ 0.0055 = 0.2255 BTC [+]

15:30:19 assbot: [HAVELOCK] [VTX] 2 @ 0.33979998 = 0.6796 BTC [+]

15:34:23 assbot: [HAVELOCK] [B] [XBOND] 3500 @ 0.00110998 = 3.8849 BTC [+]

15:39:28 assbot: [HAVELOCK] [AM100] 835 @ 0.0051 = 4.2585 BTC [-] {4}

15:41:30 assbot: [HAVELOCK] [NEOBEE] 313 @ 0.00278769 = 0.8725 BTC [+]

15:43:32 assbot: [HAVELOCK] [B] [XBOND] 250 @ 0.00110998 = 0.2775 BTC [+]

15:47:50 jurov: ;;bc,stats

15:47:55 gribble: Current Blocks: 266722 | Current Difficulty: 3.9092878763808584E8 | Next Difficulty At Block: 268127 | Next Difficulty In: 1405 blocks | Next Difficulty In About: 1 week, 2 days, 0 hours, 9 minutes, and 13 seconds | Next Difficulty Estimate: 465946262.015 | Estimated Percent Change: 19.18955

15:49:07 Diablo-D3: ;;ticker

15:49:09 gribble: MtGox BTCUSD ticker | Best bid: 212.63005, Best ask: 212.88000, Bid-ask spread: 0.24995, Last trade: 212.89000, 24 hour volume: 9574.47438301, 24 hour low: 204.02000, 24 hour high: 214.76999, 24 hour vwap: 208.79044

15:49:38 assbot: [HAVELOCK] [AM100] 55 @ 0.00549797 = 0.3024 BTC [+]

15:59:48 assbot: [HAVELOCK] [NEOBEE] 400 @ 0.00278769 = 1.1151 BTC [+]

15:59:50 dexX7: http://www.grcourt.org/CourtPayments/loadCase.do?caseSequence=612101

16:00:49 assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00278769 = 0.1394 BTC [+]

16:00:51 dexX7: ah nvm, this is something old

16:04:53 assbot: [HAVELOCK] [AM1] 2 @ 0.605 = 1.21 BTC [+] {2}

16:05:14 kleeck: why are people buying AM?

16:12:00 assbot: [HAVELOCK] [AM100] 100 @ 0.00534997 = 0.535 BTC [-] {2}

16:13:01 assbot: [HAVELOCK] [AM100] 100 @ 0.00534996 = 0.535 BTC [-] {2}

16:25:13 assbot: [HAVELOCK] [CBTC] 19443 @ 0.00017998 = 3.4994 BTC [+]

16:31:19 assbot: [HAVELOCK] [SMG] 998 @ 0.000101 = 0.1008 BTC [-] {2}

16:34:22 assbot: [HAVELOCK] [CBTC] 2000 @ 0.00018 = 0.36 BTC [+]

16:47:35 assbot: [HAVELOCK] [CBTC] 2800 @ 0.00018 = 0.504 BTC [+]

16:49:13 kakobrekla: anyone tried this http://www.mailpile.is/

16:54:14 kleeck: So mcxNOW is MPex's new exchange, right?

16:55:22 mircea_popescu: mnope

16:55:43 assbot: [HAVELOCK] [B] [XBOND] 1419 @ 0.00110734 = 1.5713 BTC [-] {2}

16:57:45 assbot: [HAVELOCK] [CBTC] 6992 @ 0.00018 = 1.2586 BTC [+]

17:02:50 assbot: [HAVELOCK] [AM100] 300 @ 0.005339 = 1.6017 BTC [-]

17:04:52 assbot: [HAVELOCK] [B] [XBOND] 362 @ 0.00110998 = 0.4018 BTC [+]

17:06:54 assbot: [HAVELOCK] [B] [XBOND] 3000 @ 0.00105235 = 3.1571 BTC [-] {15}

17:15:46 jurov: thx kakobrekla looks like i need this

17:16:53 kakobrekla: you gonna try it out?

17:18:05 assbot: [HAVELOCK] [AM100] 772 @ 0.005339 = 4.1217 BTC [-] {3}

17:23:10 assbot: [HAVELOCK] [AM100] 244 @ 0.00538815 = 1.3147 BTC [+] {3}

17:24:11 assbot: [HAVELOCK] [AM100] 30 @ 0.005498 = 0.1649 BTC [+]

17:25:12 assbot: [HAVELOCK] [B] [XBOND] 300 @ 0.00109783 = 0.3293 BTC [+] {3}

17:28:51 Andiz: ;;ticker

17:28:52 gribble: MtGox BTCUSD ticker | Best bid: 212.31211, Best ask: 212.50000, Bid-ask spread: 0.18789, Last trade: 212.50000, 24 hour volume: 9662.27925930, 24 hour low: 204.02000, 24 hour high: 214.76999, 24 hour vwap: 209.02524

17:36:25 jurov: http://www.reddit.com/r/Bitcoin/comments/1pgwsr/my_94_year_old_grandmother_gave_me_1000_dollars/

17:36:35 jurov: "blow stamps" i like this!

17:39:04 kakobrekla: lol

17:49:09 mircea_popescu: dude with all these crashed raids, i now have the bitcoin/usd rate from unixtime 45788995934578218

17:49:17 mircea_popescu: which we could say is in the future.

17:49:29 mircea_popescu: also from time 478, and also 0, and even before that.

17:51:28 dexX7: bye last safe harbor, that's the end of bitcoin finance

17:52:00 kleeck: lol

17:54:03 mircea_popescu: I HAVE TEH KNOWLEDGE

17:54:24 mircea_popescu: next time someone asks me how i know all this shit ima be all like "dude... my raids crashed".

17:56:20 pankkake: the dog ate my homework

18:01:48 assbot: [HAVELOCK] [AM1] 1 @ 0.61 BTC [+]

18:06:53 assbot: [HAVELOCK] [CBTC] 13892 @ 0.00018 = 2.5006 BTC [+] {4}

18:07:54 assbot: [HAVELOCK] [AM1] 1 @ 0.63 BTC [+]

18:11:07 KRS1-: what is the price in the future

18:11:20 KRS1-: drumroll..

18:11:59 KRS1-: Current title: The Sundays - Wild Horses

18:12:59 assbot: [HAVELOCK] [KCIM] 1 @ 0.35 BTC [-]

18:13:07 mircea_popescu: i could share that for the low low price of 4506982753094509 btc

18:15:06 KRS1-: ah come on really

18:15:36 KRS1-: I think you got your decimal point in the wrong place, FOO

18:16:05 mircea_popescu: my system uses decimal curly braces

18:16:07 mircea_popescu: so a foo is yoo

18:18:18 KRS1-: funny how some of the world uses commmmmmmmmmmmmas

18:18:30 KRS1-: oops...commas

18:26:12 assbot: [HAVELOCK] [NEOBEE] 226 @ 0.00262104 = 0.5924 BTC [-] {4}

18:27:13 assbot: [HAVELOCK] [NEOBEE] 1974 @ 0.0026 = 5.1324 BTC [-]

19:13:59 assbot: [HAVELOCK] [AM1] 1 @ 0.64 BTC [+]

19:22:07 assbot: [HAVELOCK] [AM1] 4 @ 0.65089997 = 2.6036 BTC [+] {2}

19:57:19 kakobrekla: http://istruecryptauditedyet.com/

19:57:20 ozbot: Is TrueCrypt Audited Yet?

19:57:22 kakobrekla: you see this

19:57:35 kakobrekla: we need isbitcoindocumentationwrittenyet.com

19:57:43 kakobrekla: or specification

19:57:51 kakobrekla: a better word.

19:59:13 kakobrekla: any takers?

20:02:16 smickles: o/ I can not-do that

20:02:34 kakobrekla: which part

20:03:50 smickles: writing documentation

20:04:05 mircea_popescu: kakobrekla lol srsly.

20:04:13 mircea_popescu: and since we're on it, i must spam http://fraudsters.com/2013/the-perfect-escrow/

20:06:43 kakobrekla: no srsly ill look into getting someone who writes good docu

20:06:49 smickles: 91?

20:06:51 kakobrekla: and ask how much would it cost

20:06:57 kakobrekla: to have the thing done

20:07:09 kakobrekla: and talk to the devs to make it right

20:07:13 kakobrekla: in the process

20:07:22 kakobrekla: how bad could it fail1?

20:07:30 smickles: wow, kakobrekla doing good for the community

20:08:03 smickles: i just didn't expect it with such a long url joke-seeming things

20:08:04 nubbins`: worst allergy attack of my life

20:08:11 nubbins`: 4.5 hours and counting

20:08:22 kakobrekla: smickles big problem needs long url.

20:08:31 kakobrekla: you prolly have a low amount of phone number too!

20:11:41 nubbins`: heh

20:12:30 mircea_popescu: lmao a large amount of url!

20:12:45 mircea_popescu: kakobrekla i had asked 3 different people so far, which all promised they're going to do it.

20:12:57 mircea_popescu: over the past maybe 1year give or take.

20:13:05 kakobrekla: for pay ofc?

20:13:19 mircea_popescu: as long as it's reasonable.

20:13:37 mircea_popescu: im not about to pay $100 an hour for 9400 hours or w/e

20:13:54 kakobrekla: yeah im trying to get a quote.

20:14:07 mircea_popescu: the catch of course is that it has to be good.

20:14:28 mircea_popescu: otherwise sure, get some odesk kid with credentials of having worked for labcoin or bitfinex or w/e

20:14:45 kakobrekla: no no that .

20:14:59 assbot: [HAVELOCK] [AM1] 20 @ 0.65099999 = 13.02 BTC [+] {3}

20:15:00 kakobrekla: im not even considering some random dude

20:15:08 mircea_popescu: right.

20:16:53 nubbins`: good documentation is a rare beast

20:21:05 assbot: [HAVELOCK] [AM1] 5 @ 0.65799996 = 3.29 BTC [+] {2}

20:22:06 assbot: [HAVELOCK] [AM100] 200 @ 0.00565887 = 1.1318 BTC [+] {7}

20:24:12 kleeck: .d

20:24:12 ozbot: 390928787.63809 | Next Diff in 1377 blocks | Estimated Change: 18.4814% in 7d 18h 56m 25s

20:27:11 assbot: [HAVELOCK] [AM100] 69 @ 0.00569499 = 0.393 BTC [+]

20:45:37 bidji: Do you remember the mcxNOW IPO i talked abour earlier?

20:45:56 bidji: They already raised 1 Million dollar!

20:46:00 bidji: In like 12 hours

20:46:20 bidji: https://mcxnow.com/buymcx.html With a big Meter updated in Real-time!

20:46:21 ozbot: mcxNOW - Buy mcxFEE

20:47:55 kakobrekla: if i reckon, the guy is in merrica.

20:51:35 assbot: [HAVELOCK] [AM1] 1 @ 0.67 BTC [+]

20:53:01 dexX7: hm i would almost bet that there were ~33358 shares remaining 8 hours ago, too...

20:53:37 assbot: [HAVELOCK] [AM100] 100 @ 0.00575371 = 0.5754 BTC [+] {5}

20:53:52 kakobrekla: so he sold 1 share?

20:54:04 dexX7: :D

20:54:53 bidji: no , there was 45 000 share left 12-13 hours ago

20:54:54 dexX7: but anyway, i never traded on that website, but it feels soo smooth and fast *_* (i'm serious)

20:55:02 bidji: he sold 12,000

20:55:21 kakobrekla: i lold when reading teh footer

20:55:38 dexX7: hehe yea

20:55:45 kakobrekla: you can see immediately its some retarded kid.

20:56:24 dexX7: maybe. and now he is cashing out

20:56:38 bidji: well, the guy have 15+ year experience in c++.

20:56:46 dub: but he has Experience (tm)

20:57:01 bidji: Just test the site, you'll see it's not coded in a weeks

20:57:18 bidji: Faster than any other exchange, just try

20:57:23 dub: how much is he paying you to ruin your rep shilling for it?

20:57:33 kakobrekla: 1 sher per 12 hrs it seems

20:57:36 kakobrekla: share

20:57:50 dexX7: i think trading is locked atm

20:58:07 bidji: Only the trading of the mcxFEE, you can trade Altcoin

20:58:10 dexX7: so the market doesn't crash due to (potentially) 10x additional shares

20:58:16 dexX7: *9x

20:58:38 kakobrekla: bidji you know you can just come in here and claim some shit and expect everybody to go along

20:58:42 assbot: [HAVELOCK] [AM1] 36 @ 0.6301 = 22.6836 BTC [-] {3}

20:58:56 bidji: that's why i suggest you test it

20:59:08 kakobrekla: thats why i suggest you shut the fuck up and lurk moar

20:59:20 dub: ^

20:59:39 bidji: People are investing 1 million$ in the site, maybe they know what they are doing don't you think

20:59:46 kakobrekla: maybe

20:59:46 bidji: they did the math

20:59:47 dub: no

20:59:48 kakobrekla: prolly not.

21:00:16 nubbins`: nope

21:00:42 bidji: i did the math : https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=0

21:00:50 bidji: 10% yield at current volume

21:00:57 bidji: And it's growing very fast

21:01:28 bidji: There is 2000 BTC trading volume each day

21:01:50 bidji: Just want to spread awareness

21:01:59 kakobrekla: well thank you so much for exposing another scam now lets move along.

21:03:53 bidji: Good luck with your investment, i'm happy with mine and wanted to share

21:04:01 imsaguy: why would you share?

21:04:10 imsaguy: if you're making so much money, you'd want to keep it a secret

21:04:13 imsaguy: and make even more money

21:04:22 kakobrekla: we fools are gonna buy in later.

21:04:34 bidji: Because it's in my interest. More people on the site, more growth

21:04:37 imsaguy: I like being the last person to hold the bag

21:04:47 kakobrekla: o o i smell pony!

21:04:53 kakobrekla: must be the manure.

21:04:57 imsaguy: don't you feel like a pony when you sweat?

21:04:59 Apocalyptic: *poni

21:05:27 bidji: You realise it's share in a trading exchange? So more people on it, more fee revenue. Simple as that

21:05:59 kakobrekla: i think thats too much for my math skills, do i have to divide by 0?

21:06:13 imsaguy: I just round up

21:06:22 smickles: i feel like someone is trying to sell chocolate on the front lawn of hersheys

21:06:23 imsaguy: 0/0=1

21:06:33 smickles: (sp?)

21:06:51 kakobrekla: oh yeah that makes sense well sign me up for 2 shares! no, make it 3!

21:07:06 imsaguy: whenever the divisor = the numerator, the product equals one.

21:07:11 smickles: $vwap mpoe

21:07:12 mpexbot: smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information.

21:07:17 smickles: shit

21:07:22 mircea_popescu: http://fraudsters.com/2013/the-horror-of-horrors/ mpex status etc

21:07:23 ozbot: The horror of horrors pe fraudsters - Un blog de Mircea Popescu.

21:07:26 mircea_popescu: jurov ^

21:07:42 imsaguy: smickles, mpex is migrating to the 50btc platform

21:07:55 mircea_popescu: da fuck is that

21:08:13 imsaguy: "we got 'hacked' and stole all of your money" platform.

21:08:15 dexX7: happy birthday

21:08:48 imsaguy: every day is a birthday

21:10:21 mircea_popescu: dub bidiji (51403667@gateway/web/freenode/ip.81.64.54.103) has a reputation to ruin now ?

21:10:25 mircea_popescu: imsaguy hater!

21:10:38 imsaguy: mircea_popescu: at least I'm equal opportunity with my hating.

21:11:03 mircea_popescu: do you hate obama ?

21:11:18 imsaguy: He's like 7/16 black, of course.

21:11:34 mircea_popescu: cute kittens with tits ?

21:11:40 smickles: obama stopped the recording of wizard history

21:11:45 imsaguy: kittens dont have tits.

21:11:54 mircea_popescu: caramel and whiskey tits!

21:11:56 imsaguy: good try though.

21:12:33 mircea_popescu: dude actually a cat that had nice tits which sprouted whiskey and caramel would make a great pet.

21:12:34 smickles: http://user.xmission.com/~emailbox/images/lioncut.jpg

21:12:37 imsaguy: at least this happened: http://news.msn.com/crime-justice/ex-congressman-jackson-reports-to-prison

21:12:58 imsaguy: smickles, that's a cat, not a kitten.

21:13:24 mircea_popescu: jesse jackson ? wow.

21:13:32 imsaguy: the junior

21:13:38 imsaguy: the senior is still spouting his bullshit.

21:13:41 mircea_popescu: a a ok

21:14:40 imsaguy: stupid split

21:15:43 mircea_popescu: His wife spent $5,150 on fur capes and parkas, the document said.

21:15:49 mircea_popescu: where the fuck did she find a 5k fur cape

21:15:52 mircea_popescu: sounds like nutria

21:16:38 mircea_popescu: o hey, check it out : the c++ experience guy also relays. http://blockchain.info/ip-address/81.64.54.103

21:17:10 imsaguy: probably a tor exit node or something

21:17:21 mircea_popescu: nah

21:18:13 mircea_popescu: http://news.msn.com/crime-justice/doctors-mistress-takes-the-stand-in-murder-case

21:18:14 ozbot: Doctor's mistress takes the stand in murder case

21:18:18 mircea_popescu: girl's name is gypsy milles

21:18:27 mircea_popescu: willis*

21:21:12 dub: mircea_popescu: so were intersango handling your backups?

21:21:32 mircea_popescu: no, i just had the dubious idea of having the proxies make something sort of like a blockchain

21:21:39 mircea_popescu: and i can't add to it.

21:26:03 mircea_popescu: dexX7 ty

21:29:13 dub: I thought I'd worked with some incompetent motherfuckers before

21:30:15 assbot: [HAVELOCK] [AM100] 20 @ 0.00569499 = 0.1139 BTC [-]

21:38:58 dub: that wasnt reference to mpex btw

21:39:13 dub: raging at my new work environment

21:40:36 mircea_popescu: at least they dion't allocate 5mb of random data for you with the task to read through it and find "anything suspicious"

21:44:17 orkaa: mircea_popescu, something for you

21:44:19 orkaa: http://www.youtube.com/watch?v=j6W2I--r3PY

21:44:19 ozbot: Eminem Welcome to Timisoara City (Romania) - YouTube

21:44:46 pankkake: wat

21:47:08 dub: wow

21:47:18 dub: Romania's got talent

21:51:18 mircea_popescu: ha

21:51:57 mircea_popescu: ahahaha her romanian accent is so thick

21:53:44 mircea_popescu: anyway, it's definitely in timisoara.

21:55:52 mircea_popescu: http://www.youtube.com/watch?v=aT85qnGSFeI she's got moar.

21:55:52 ozbot: Eminem Still Dre & Em (Funny) - YouTube

22:02:03 dub: holy shit

22:02:21 dub: locate that and insert cock to prevent further noise eminance

22:03:54 mircea_popescu: emittance or eminence you mean ?

22:04:11 mircea_popescu: maybe you mean eminem-ce

22:04:42 mircea_popescu: but anyway, she's cute and sorta-moves, but no tits, no ass, wtf are we doing here, fucking little boys nao ?

22:05:55 pankkake: she likes to dress up

22:06:30 kakobrekla: why be so judgemental on the tits on ass or the lack of there of

22:07:00 kakobrekla: noone give a fuck if your penis is 'small' unless is anatomically too smal

22:07:03 kakobrekla: which if fuckin rare.

22:07:13 mircea_popescu: who said things are fair ?

22:07:18 mircea_popescu: i disctiminante by tits and ass!

22:07:22 kakobrekla: is*

22:08:46 dub: she's got gap

22:09:04 dub: but agree on the tit/ass deficiency

22:09:14 dub: ;;ud gap

22:09:16 gribble: http://www.urbandictionary.com/define.php?term=gap | The space between the thighs on a female body, just below the crotch. A gap is indicative of a slim figure and is very sexy.

22:09:17 ozbot: Urban Dictionary: gap

22:09:29 dub: wd ud

22:10:13 kakobrekla: well

22:10:20 kakobrekla: i guess ill stay with little boys then!

22:10:33 dub: moar ass for the rest of us

22:11:28 pankkake: gape > gap

22:11:50 kakobrekla: ;;ud gape

22:11:51 gribble: http://www.urbandictionary.com/define.php?term=gape | The stretched out asshole after being fucked in the ass. A result of dukeing it.

22:11:51 ozbot: Urban Dictionary: gape

22:11:58 kakobrekla: a that.

22:13:08 dub: pankkake's requirements include ease of spacedocking

22:13:21 dub: ;;ud spacedocking

22:13:22 gribble: http://www.urbandictionary.com/define.php?term=space%20docking | Brian squatted over her, lined it up, and began space docking. ... Like a space ship attempting to dock to a space station, "space docking" involves very accurate  ...

22:13:23 ozbot: Urban Dictionary: space docking

22:13:23 jcpham: i love to spacedock

22:13:43 pankkake: I'm learning things today

22:13:50 pankkake: wow, ew

22:14:23 kakobrekla: so that things was done.

22:14:32 mircea_popescu: a gap is only sexy on a woman with a nice big ass

22:14:38 mircea_popescu: because it shows she's not fat, just sexy.

22:14:40 kakobrekla: -s

22:14:45 mircea_popescu: on some skinny plank it's unsexy

22:16:27 kakobrekla: looking for that motherly venera features eh

22:16:33 kakobrekla: :)

22:17:25 kakobrekla: venus, its called.

22:17:35 kakobrekla: or something in between

22:18:20 kakobrekla: http://www.ezadar.hr/repository/image_raw/47276/large/

22:22:04 assbot: [HAVELOCK] [NEOBEE] 298 @ 0.0026 = 0.7748 BTC [-] {2}

22:54:05 pigeons: so not only does zhoutong now run a successful excchange in australia now, but nefario works for something called "coinfloor" https://bitcointalk.org/index.php?topic=115669.msg3435103#msg3435103

22:55:19 jurov: sooo...to place mpex order, you have to get through mutually distrustful network of proxies

22:55:51 jurov: oh, and to rectify power problems, i'd recommend optical power couplers instead of transformers.

22:56:50 kakobrekla: change the tie to red and you got a hitman

23:01:08 jurov: Apparently the coins in coinfloor will be handled in full accord to FDA regulations.

23:01:17 jurov: Proper hygiene ftw!

23:01:43 kakobrekla: which are none

23:02:50 pigeons: hmm then why did i still get sick?

23:03:52 kakobrekla: a he said fda, my bad.

23:04:11 mircea_popescu: i wouldn't eat coins off the floor

23:04:46 assbot: [HAVELOCK] [AM100] 46 @ 0.00578899 = 0.2663 BTC [-]

23:04:55 mircea_popescu: jurov they didn;'t use to be distrustful, and im not even sure it's such a good solution. learning process.

23:05:12 jurov: Yes. Reusing coins fallen on floor will be strictly prohibited.

23:05:48 mircea_popescu: pigeons everything's successful these days, except shit that actually exists

23:05:51 mircea_popescu: that doesn't work.

23:06:26 jurov: mircea_popescu: maybe you end up using colored coins internally :D

23:06:59 mircea_popescu: at this rate i'll just end up hung in a rats nest of cables and lines of code.

23:08:33 pigeons: this is zhoutong's http://coinjar.io/

23:08:52 pigeons: beware the chinese relic unter

23:09:26 mircea_popescu: "Technically and commercially adept, he?s founded several successful startups and remains a prominent figure in the Bitcoin community."

23:09:28 mircea_popescu: dude srsly ?

23:09:51 assbot: [HAVELOCK] [NEOBEE] 300 @ 0.0026151 = 0.7845 BTC [+] {2}

23:09:57 mircea_popescu: "Asher has a background in economics, formerly providing analysis to leading business magazines"

23:12:56 pigeons: in bitcoin you don't even have to hide, you can be the "special sauce" and people will eat it

23:16:40 pigeons: I like how Ahser brings the lunch

23:18:49 mircea_popescu: ;;ticker

23:18:51 gribble: MtGox BTCUSD ticker | Best bid: 215.21000, Best ask: 215.21100, Bid-ask spread: 0.00100, Last trade: 215.21100, 24 hour volume: 8736.19751032, 24 hour low: 204.20001, 24 hour high: 216.00000, 24 hour vwap: 211.04564

23:22:03 assbot: [HAVELOCK] [AM1] 6 @ 0.66999999 = 4.02 BTC [+] {2}

23:23:04 assbot: [HAVELOCK] [AM1] 1 @ 0.678 BTC [+]

23:49:42 mircea_popescu: http://imgs.xkcd.com/comics/headlines.png

23:49:51 mircea_popescu: what cracked has done for the internet

23:50:56 nubbins`: heh

23:51:10 nubbins`: factoid-based knowledge

23:54:44 nubbins`: in one of the t-shirt group buys i did, some asshole grabbed a transaction id that someone else had already posted and PMed me with it, asking for a shirt

23:54:47 nubbins`: i just remembered that