00:02:54 (60 + 7) * (80 + 2) = 4800 + 120 + 560 + 14 = 4934 + 500 + 60 = 5434 + 60 = 5494 00:05:04 *** tmbucky (tmbucky@cryto-D372C226.us-west-1.compute.amazonaws.com) has joined #crytocc 00:06:04 *** anonHS (anonHS@anonHS.users.cryto) has joined #crytocc 00:06:26 *** tmbucky has quit (User quit: Connection closed) 00:08:07 .bitcoin 00:08:08 1 BTC = $412.03, 1 BTC = €325.60 00:08:08 *** fr0z3n has quit (Ping timeout) 00:08:12 bubble, bubble, bubble... POP! 00:08:29 *** fr0z3n (fr0z3n@DB83327D.2E05439F.E4228BD9.IP) has joined #crytocc 00:09:32 wow. 00:09:34 just wow. 00:09:43 I think Dynadot just lost a (rather important) domain of mine 00:09:45 the last one I had with them 00:09:58 it expired like two days ago and I didn't get a single e-mail about it 00:10:11 egh :/ 00:10:13 dynadot.. 00:11:05 my fucking god 00:11:05 iceTwy: and as far as I can tell, they have somehow reset my account e-mail to my old e-mail 00:11:07 I HATE SCREEN 00:11:12 because I cannot recover my account either 00:11:41 wow. 00:15:58 well, e-mail sent 00:16:00 let's see what happens 00:19:16 iceTwy, y u no xmpp 00:20:29 joepie91: because I'm busy being angry at screen 00:21:50 *** anonHS has quit (User quit: Page closed) 00:23:31 *** Crypted has quit (Ping timeout) 00:24:05 *** anonHS (anonHS@cryto-C1D0169F.lightspeed.livnmi.sbcglobal.net) has joined #crytocc 00:24:17 *** Crypted (Crypted@Crypted.users.cryto) has joined #crytocc 00:43:09 *** complex has quit (Input/output error) 00:44:03 *** Crypted has quit (Ping timeout) 00:54:17 *** Zekka (zekka@Zekka.users.cryto) has joined #crytocc 01:10:26 *** anonHS has quit (User quit: Page closed) 02:19:26 *** Thor (numz@210B0B72.7A381C75.D0B2B247.IP) has joined #crytocc 02:24:04 *** iceTwy has quit (User quit: Disconnecting from server) 02:30:12 *** joepie91 has quit (Ping timeout) 02:30:45 *** joepie91 (joepie91@cryto-3E6002EF.direct-adsl.nl) has joined #crytocc 03:02:03 what's a good openvpn client for osx? 03:08:46 yay 03:08:57 joepie91 iceTwy ma skype music bot = amazing 03:32:59 *** Thor has quit (User quit: Quitte) 03:39:26 *** GHOSTnew has quit (Ping timeout) 03:40:33 *** Riddler (Riddler@cryto-1D9B597A.hsd1.ca.comcast.net) has joined #crytocc 03:40:38 hello 03:43:23 *** GHOSTnew (GHOSTnew@GHOSTnew.users.cryto) has joined #crytocc 03:53:19 *** joepie91 has quit (Ping timeout) 04:07:18 *** Charles (Charles@D0818F8F.95108C33.5B0695F1.IP) has joined #crytocc 04:39:14 *** Charles has quit (Client exited) 04:44:31 *** Charles (Charles@D0818F8F.95108C33.5B0695F1.IP) has joined #crytocc 05:00:30 *** Charles has quit (Client exited) 05:00:43 *** Charles (Charles@D0818F8F.95108C33.5B0695F1.IP) has joined #crytocc 05:00:48 charles? 05:01:04 hello Riddler 05:01:10 *** Charles has quit (Client exited) 05:01:16 Did you get my pm? 05:01:17 *** Charles (Charles@D0818F8F.95108C33.5B0695F1.IP) has joined #crytocc 05:01:44 okay 05:01:58 charles did you get the link in the pm about my article? 05:02:03 no 05:10:55 .bitcoin 05:10:56 1 BTC = $429.44, 1 BTC = €329.22 05:12:22 .bitcoin 05:12:23 1 BTC = $425.93, 1 BTC = €329.42 05:13:44 dat wobble 05:14:14 ya 05:23:30 *** HiveResearch (HiveResear@developers.developers.developers) has joined #crytocc 05:40:36 *** Goochy has quit (Connection reset by peer) 05:41:20 *** pzuraq_ (pzuraq@cryto-FFADCF5.feralhosting.com) has joined #crytocc 05:41:27 w00t 05:41:37 VPN 05:43:13 *** pzuraq has quit (Ping timeout) 05:45:05 *** zxcvbnm has quit (Ping timeout) 05:45:43 *** pzuraq (pzuraq@cryto-D2623541.hsd1.ca.comcast.net) has joined #crytocc 05:48:54 *** pzuraq_ has quit (Ping timeout) 05:53:03 *** zxcvbnm (zxcvbnm@9F88BA40.33FD1BC3.D4256504.IP) has joined #crytocc 06:07:03 when will they be replenishing the btc? 06:27:36 *** Riddler has quit (Ping timeout) 06:46:27 *** Riddler (Riddler@cryto-1D9B597A.hsd1.ca.comcast.net) has joined #crytocc 06:47:10 hello 07:00:34 *** HiveResearch has quit (Ping timeout) 07:01:32 *** Riddler has parted #crytocc () 07:04:10 *** Charles has quit (Client exited) 07:04:17 *** Charles (Charles@D0818F8F.95108C33.5B0695F1.IP) has joined #crytocc 07:25:08 *** Ari (Ari@Ari.users.cryto) has joined #crytocc 08:30:31 *** stanone (Grep@stanone.users.cryto) has joined #crytocc 08:31:31 *** LapAnon has quit (Ping timeout) 08:41:05 *** HiveResearch (HiveResear@developers.developers.developers) has joined #crytocc 08:55:51 *** Ari has quit (Connection reset by peer) 08:58:31 *** pzuraq has quit (Input/output error) 09:05:04 *** T0R_till (T0R_till@cryto-513A39E2.us-west-1.compute.amazonaws.com) has joined #crytocc 09:06:26 *** T0R_till has quit (User quit: Connection closed) 09:07:52 *** pzuraq (pzuraq@cryto-D2623541.hsd1.ca.comcast.net) has joined #crytocc 09:12:08 *** pzuraq_ (pzuraq@cryto-D2623541.hsd1.ca.comcast.net) has joined #crytocc 09:12:09 *** pzuraq has quit (Connection reset by peer) 09:12:56 *** pzuraq (pzuraq@cryto-D2623541.hsd1.ca.comcast.net) has joined #crytocc 09:12:57 *** pzuraq_ has quit (Connection reset by peer) 09:22:42 *** Charles has quit (Client exited) 10:46:48 *** iceTwy (iceTwy@cryto-610769D0.fbx.proxad.net) has joined #crytocc 11:09:48 *** pzuraq has quit (Input/output error) 11:44:29 *** zest (zest@cryto-67AF6B55.torservers.net) has joined #crytocc 12:22:41 LET'S THROW A PARTAAAAAAAAAY 12:23:30 *** joepie91 (joepie91@cryto-3E6002EF.direct-adsl.nl) has joined #crytocc 12:28:12 *** Charles (Charles@D70468EB.B5405BEC.AA3904DE.IP) has joined #crytocc 12:44:37 icetwy 12:44:37 -,- 12:44:42 fix ur tor addr for irc 12:44:43 -,-,- 12:56:30 probably: is it down? 12:56:32 shizzle 12:56:39 probably: one sec I'm finishing up an article 13:03:20 *** Charles has quit (Client exited) 13:13:39 iceTwy, Why were you angry at gnu screen? 13:15:03 AAAAAAND WE'RE OFF: http://tracker.archiveteam.org/hyves/ 13:15:12 http://archiveteam.org/index.php?title=Hyves#Phase_2:_Data_archiving_.28high_bandwidth.29 13:17:37 MK_FG: Silly mistake 13:17:51 MK_FG: http://blog.icetwy.re/sudo-screen-bitcoin-adventure/ 13:20:07 Hmm, why not get something like systemd, upstart, supervisord, runet or even ancient djb daemontools instead of screen? 13:20:33 Unlike screen/cron, they are designed to start and monitor stuff 13:20:41 And capture logging like you do with screen 13:21:15 *runit 13:21:31 MK_FG: iunno really. just wanted to give screen/sudo a go 13:21:53 an Electrum server owner has pointed me to some start scripts for bitcoind & electrum-server 13:22:11 might set it up in a while 13:54:38 *** zest has quit (Client exited) 14:24:39 *** DrWhat (Snake@DrWhat.users.cryto) has joined #crytocc 14:26:47 *** Charles (Charles@D70468EB.B5405BEC.AA3904DE.IP) has joined #crytocc 14:50:23 *** HiveResearch has quit (Connection reset by peer) 14:52:24 iceTwy 14:52:24 fix it 14:52:25 nao 14:52:52 iceTwy, i saw ur twitter 14:53:25 i couldnt understand the language :/ 15:02:04 Charles: like 15:02:05 erm 15:02:09 the tweet about Guthrie Govan? 15:03:16 coz ur tweets r in french... 15:03:21 or some other language 15:03:33 yeah 15:03:37 they are ;p I'm French 15:03:50 hence why all my personal tweets are in French pretty much 15:04:02 france has good opera singers :) 15:04:12 I guess so ;p opera is not really a genre I listen to 15:04:21 as you may understand from my tweets I'm more of a metal guy 15:04:26 :o 15:04:47 wow okay. i find metal devoid of emotion.. 15:04:57 Charles: oh. not that kind of metal 15:05:03 its like hitting drums and screaming 15:05:03 lol 15:05:19 Charles: I almost exclusively listen to progressive/technical instrumental metal 15:05:30 i like electropop :) 15:05:34 as an example.. https://www.youtube.com/watch?v=63yu12zRvdY 15:05:45 listen to that and tell me whether it's devoid of emotion 15:05:46 ;p 15:06:18 I find beauty in technique - when musicians can express themselves through technique 15:06:37 (and I don't really enjoy vocals in songs) 15:07:39 oooh okay sounds good :) 15:09:43 Charles: surprisingly this is metal 15:09:46 ;p 15:10:17 yeah very surprising xP 15:12:42 got to "baaaawns" 15:12:46 gotta go, yeah 15:12:50 bbl 15:15:53 *** iceTwy has quit (Ping timeout) 15:20:08 lol 16:00:42 *** Charles has quit (Client exited) 16:03:21 *** Charles (Charles@D70468EB.B5405BEC.AA3904DE.IP) has joined #crytocc 16:05:05 *** eggtimer (eggtimer@cryto-8FDBABD2.us-west-1.compute.amazonaws.com) has joined #crytocc 16:06:26 *** eggtimer has quit (User quit: Connection closed) 16:23:36 *** probably has quit (User quit: ) 16:38:45 *** complex (litehode@complex.users.cryto) has joined #crytocc 17:15:17 *** Charles has parted #crytocc (None) 17:51:54 *** Riddler (Riddler@cryto-1D9B597A.hsd1.ca.comcast.net) has joined #crytocc 17:51:56 hello 17:59:44 *** Riddler has quit (Ping timeout) 18:12:18 *** iceTwy (iceTwy@cryto-610769D0.fbx.proxad.net) has joined #crytocc 18:20:26 *** Ari (Ari@Ari.users.cryto) has joined #crytocc 18:22:34 *** joepie91 has quit (Ping timeout) 18:29:56 *** joepie91 (joepie91@cryto-3E6002EF.direct-adsl.nl) has joined #crytocc 19:05:06 *** anonHS (anonHS@anonHS.users.cryto) has joined #crytocc 19:07:27 *** anonHS has quit (User quit: Page closed) 19:39:57 *** iceTwy has quit (Ping timeout) 20:08:29 *** probablyx (root@E04FB229.6C2E09DE.35D0B1F2.IP) has joined #crytocc 20:08:49 *** probablyx has parted #crytocc (None) 20:09:06 *** probably (asdf@probably.users.cryto) has joined #crytocc 20:09:09 *** probablyx (root@E04FB229.6C2E09DE.35D0B1F2.IP) has joined #crytocc 20:09:26 the tor node is strong in this one. 20:09:38 gosh I love this nice tor exit node :) 20:09:43 *** complex has quit (Ping timeout) 20:10:29 not bad bandwidth usage though, lol 20:11:33 *** probablyx has quit (User quit: leaving) 20:21:14 *** iceTwy (iceTwy@cryto-610769D0.fbx.proxad.net) has joined #crytocc 20:49:32 *** complex (litehode@complex.users.cryto) has joined #crytocc 20:57:25 *** probably has quit (Ping timeout) 21:18:12 third known subway taking Bitcoin: http://www.reddit.com/r/Bitcoin/comments/1qrp1h/subway_accepting_bitcoins_in_slovakia_bratislava/ 21:21:12 joepie91: what's the whole story about CoinValidation? 21:21:32 apparently Walmart say that they're only going to accept Bitcoins from addresses that are "cointrusted 21:21:34 " 21:21:40 and the btc community has been raging 21:21:43 what's it all about 21:21:54 so, publicly ID'd? 21:22:13 so they're enforcing KYC and AML on bitcoins coming into walmart? 21:22:15 basically? 21:23:01 hahahaha https://twitter.com/Damientg/status/401757893948489728/photo/1 21:23:05 cayce: think so 21:23:30 so then CoinValidation is all about trusting a central authority that links BTC addresses to customers via ID'ing? 21:23:46 wattafuk 21:23:51 I have no idea, answer your own question 21:23:53 iceTwy: tl;dr centralized for-profit organization saying what BTC are 'clean' and what ones aren't 21:24:04 ahh 21:24:07 * joepie91 can't wait to see this blow up in their face 21:24:16 reduces implied risk profile of btc 21:24:23 aaah 21:24:24 LOL 21:24:25 reduces regulatory hassle for aml/kyc for walmart 21:24:26 basically 21:24:48 they can blame coinvalidation if the coins are "stolen" or whatever, somehow bad 21:24:50 "bad" 21:24:57 joepie91: but from what I've understood, coinvalidation is actually software 21:25:08 and they aim to push it into the main bitcoin branch 21:25:19 neat 21:25:25 iceTwy: more likely that coinvalidation has* software 21:25:26 lololol 21:25:28 not is software 21:25:30 yeah 21:25:32 that 21:25:35 and eh 21:25:37 good luck witth that lol 21:25:43 lolol 21:25:53 * joepie91 prepares the popcorn 21:26:04 there's enough mixers around to make their job not overly easy 21:26:14 It sounds like altcoin woven into btc blockchain 21:26:16 if they test BTCs on the basis of taint 21:26:31 yep 21:26:31 (i.e. taint analysis) to find out whether BTCs are clean or not 21:26:34 LOL 21:26:36 really 21:26:38 so what 21:26:42 must it be tainted or not tainted 21:26:45 to be validated? 21:26:55 probably verified not-tainted 21:27:04 hahahahahahahahahahahahahahahahahahahaha 21:27:05 * cayce shrugs 21:27:07 hahahahahahahahahahahaha 21:27:15 aka they'll never accept a single btc 21:27:17 have a look at blockchain taint analysis to see how well that works 21:27:18 :) 21:27:28 cause they're all tainted 21:28:07 lol 21:28:10 and the worst thing is that, if coinvalidation gets widespread 21:28:23 MORE of those services will develop 21:28:25 oh lol 21:28:28 * iceTwy prepares MOAR popcorn 21:28:39 I'm kinda excited about this 21:28:49 joepie91: sweet or salty popcorn 21:28:50 tell me 21:28:52 :D 21:28:57 btc dev people can also merge zerocoin 21:28:59 I think it means we get to watch companies collapse 21:29:03 I suspect coinvalidation is going to be the first documented textbook instance of "this is why you do not try to fuck with BTC taint analysis" 21:29:12 :) 21:29:15 "@matthew_d_green: We designed a new version of Zerocoin that reduces proof sizes by 98% and allows for direct anonymous payments that hide payment amount." \o/ 21:29:16 mwhahahahaha 21:29:22 MK_FG:) is zerocoin a patch? 21:29:26 ohmygod zerocoin 21:29:48 MK_FG:) like, can it actually be merged into mainline 21:29:52 cayce, Yes, I think they had code on top of bitcoin-qt or something 21:30:03 MK_FG:) dude, sweet. I await for bitcoin-qt 1.0 21:30:32 is 0.9 going to be the partial block thing? 21:30:41 block headers, yes 21:30:49 I'd think they sould wait a bit till someone else than Matt Green looks at it or something ;) 21:30:50 kk 21:31:09 oh they will, mainline is slower than shit 21:31:12 and that's a good thing 21:31:40 cayce: it is now 21:31:47 I don't get how Zerocoin works though 21:31:49 it was a problem when wallet encryption was not a thing yet :) 21:31:54 tl;dr crash course someone? 21:32:35 iceTwy, You spend N btc to "mint" zerocoin and get a key for it 21:33:07 iceTwy, When you spend it, you give use that key and other guy gets btc 21:33:18 er 21:33:19 so like 21:33:24 iceTwy, But no one knows which "minted" zerocoin that key is from 21:33:36 what? 21:33:51 point the flaws in the following plan: 21:34:06 spend BTC => they are converted to Mint Zerocoin, you're giving its key 21:34:12 It can be proven that zerocoin with that key was minted and was not yet spent 21:35:05 nah but 21:35:07 I don't even understand the basic system around it 21:35:25 iceTwy, https://en.wikipedia.org/wiki/Zero_knowledge_proof 21:36:01 I don't know anything about math behind it either 21:36:25 Though have general idea of accumulators and how you can think of one 21:37:58 so, essentially, zero knowledge proof 21:38:15 A sends BTC to B 21:38:28 B verifies that he has received BTC 21:38:32 but he doesn't know that it's from A? 21:39:16 OH right 21:39:38 you buy Zerocoin from BTC, then you redeem Zerocoins to get back your BTC 21:40:31 Yes, you know who used zerocoin at the moment, you just don't know which btc key it corresponds from 21:41:05 I.e. can be passed on a piece of paper or something and no one knows where it's been before 21:41:14 yeah 21:41:24 (unlike btc, where all keys are linked into one chain) 21:41:37 but here's the thing I don't get from what you said 21:41:59 yes, assume you send BTC to a 'new' Zerocoin address that has never been used 21:42:23 then it will be known that you 21:42:28 1. sent BTC to the Zerocoin address 21:42:57 2. if you retrieve the exact same amount (i.e. same one sent before & after), people can guess pretty easily that you redeemed your BTC from this Zerocoin address 21:42:59 no? 21:43:23 Yep, that's why they propose that all zerocoins are same amount 21:43:28 I.e. 0.001 btc 21:43:36 So you mind 1000 zerocoins 21:43:53 And 9000 other people mint 1000000 more 21:44:01 And you spend 400 zerocoins 21:44:07 Where did they came from? 21:44:18 aaaah 21:44:20 *mint 21:45:16 so essentially, Zerocoin lets you spend other people's BTC 21:45:23 well you've paid for it obviously 21:45:44 Guess it can be thought of as one huge mix node 21:45:53 *** joepie91 has quit (Ping timeout) 21:45:53 Everyone puts their btc in 21:46:00 Gets same amount in zerocoin out 21:46:11 And then puts 0s in, gets btc back 21:47:22 hmye 21:48:00 well so essentially it works like currently implemented systems 21:48:03 i.e. bitcoinfog/etc 21:48:17 but it works within the bitcoin protocol and does not depend on a central authority 21:49:04 Yeah, main difference I see is that there's no place where it can possibly be traced like these sites' logs 21:49:05 *** Ari has quit (Connection reset by peer) 21:49:12 *** Ari (Ari@Ari.users.cryto) has joined #crytocc 21:49:13 yeah 21:49:15 nice 21:49:17 bu 21:49:19 t 21:49:21 afaik 21:49:27 blockchain.info's implementation is open source 21:49:56 buuuut who says they're not running a modified version 21:50:16 What's blockchain.info and why does it matter? 21:50:55 you 21:50:59 have never heard of blockchain.info? 21:51:04 wat 21:51:40 So you imply it matter because "it is common knowledge that it does"? ;) 21:52:04 I mean, looks like a generic btc web frontend 21:52:07 no 21:52:08 lol 21:52:09 when was it since the last big bubble in the bitcoin market bursted? 21:52:17 it's a HUGE bitcoin service MK_FG! 21:52:37 maybe its not a bad idea to invest a thousand dollars in BTC 21:52:49 complex: indeed 21:52:58 complex: afaik the last bubble was in April '13 21:52:58 but as my father said 21:53:22 i am then a part of the sheeps 21:53:25 *** joepie91 (joepie91@cryto-3E6002EF.direct-adsl.nl) has joined #crytocc 21:53:56 there are probably some guys that are having huge impact on the BTC currency, and can regulate it the way they want 21:54:05 complex: miners 21:54:21 they are the only ones who can influence the currency itself 21:54:36 you serious? 21:54:43 people can buy a lot 21:54:47 and then sell it 21:54:52 that doesn't matter 21:54:53 If it's investment into speculation of its value growth over some usd or eur... 21:54:54 at all 21:55:05 Then I'd think a lot of things can influence that 21:55:25 Major players, media, devs, random experts, etc 21:55:26 if we're talking about that, yeah 21:55:31 it's all about the buyers 21:55:44 but I'm talking exclusively about BTC itself 21:55:52 of course it does matter, if some people invest 20 billion dollars in bitcoins over 3 years, and then sell all of it, then the price will crack 21:55:54 effectively, only miners can impact the currency itself 21:56:01 Then you two are talking about totally different things 21:56:31 yes 21:56:32 we are 21:56:36 that was a misunderstanding MK_FG 21:56:53 I was talking about BTC itself, complex was talking about BTC compared to other currencies 21:56:56 so miners are keeping the prices low to a certain degree, right? 21:57:07 No 21:57:18 awesome 21:57:27 looks like my random crashes are nvidia-related 21:57:30 either the hardware or the drivers 21:57:30 ffs 21:57:44 so miners doesnt produce BTC? 21:57:44 this kind of shit is why I hate nvidia so fucking much 21:58:38 complex, They don't produce like +10%/week, and if they did, price would only go down by more than 10% 21:58:54 (and not up 10%) 21:59:39 joepie91: AMD be cool 21:59:55 joepie91: I'm realizing that my i5-3570k is completely useless 22:00:02 I played less than what, 10 games in 1 year? 22:00:04 iceTwy: https://iceb.in/paste/vRTTI5Ps#5OiBMXcdAa5D1BC2s7Rcl0F2svqpTnIcsETZ3WXWLjI= 22:00:07 Wat, amd is same crap 22:00:13 iceTwy: AMD isn't holy either 22:00:17 With binary drivers at least 22:00:17 no it isn't 22:00:22 MK_FG: is there any control over how much btc there is in total in the world? 22:00:25 but at least I don't experience random inexplicable fucking crashes 22:00:28 with every single card 22:00:31 regardless of OS 22:00:33 like I do with nVidia 22:00:47 had some issues with Nvidia too.. 22:01:04 MK_FG: AMD drivers behave notably better than nVidia ones 22:01:06 (proprietary) 22:01:06 from my own experience, managing the installation of AMD drivers is easier than Nvidia's 22:01:13 yeah, that 22:01:18 because they don't mess up all the way 22:01:27 complex, Depends on what you call "total" - you can destroy btc, like in satoshi dice or embedding bible into blockchain instead of ec keys 22:01:47 complex, But aside from that - yes, totally predictable and fixed in the protocol 22:01:56 complex: https://en.bitcoin.it/wiki/FAQ#How_are_new_bitcoins_created.3F 22:02:30 complex, As in "each block gives 50 / 25 / 12.5 / less btc", starting from some block number and halving after N more 22:03:24 the way Satoshi coded difficulty in Bitcoin is just smart imo 22:03:24 Since my laptop died, I actually have amd card here, but with open drivers 22:03:27 BUT 22:03:32 it was based on one assumption 22:03:33 Not a single issue so far 22:03:45 i guess everyone here thinks mining is a waste of time? 22:03:54 that Bitcoin would become popular and that its exchange rate with other concurrencies would increase over time 22:04:00 *** GHOSTnew has quit (Ping timeout) 22:04:09 complex: mining by yourself? yes, unless you've got a 1 TH/s ASIC miner or something 22:04:16 god, not even talking about paying for electricity 22:04:35 complex: cloud shared mining (i.e. cx.io) is too damn expensive 22:05:04 I've heard of some people mining altcoins then trading them to BTCs once those altcoins' BTC exchange rate increase 22:05:14 which is a fairly smart way to make profit imo 22:05:25 since new altcoins are easy to mine 22:05:35 "cloud shared mining" "expensive" lulz 22:05:46 MK_FG: sec 22:06:18 I see the point of such thing, certainly 22:06:34 Only it's not called "cloud shared mining", but "scam" :P 22:06:52 roflolololol 22:06:53 *** GHOSTnew (GHOSTnew@GHOSTnew.users.cryto) has joined #crytocc 22:06:56 https://cloudhashing.com/ 22:06:57 .btc 22:07:03 8GH/s contract for $500 for 2 years 22:07:06 ... 22:07:07 how do i call for btc-currency? 22:07:16 8GH/s when the difficulty will have increased in 2 years 22:07:18 => LOL 22:07:23 complex: !btc 22:07:25 !btc 22:07:28 !bitcoin 22:07:30 .bitcoin 22:07:31 1 BTC = $437.12, 1 BTC = €343.49 22:07:33 ah 22:07:35 there 22:07:36 I mean, you put some money in, they give you less money out 22:07:37 :D 22:07:37 .bitcoin 22:07:38 1 BTC = $437.12, 1 BTC = €343.49 22:07:42 Why do you need cloud for that? 22:07:45 MK_FG: BUT U GON PROFIT MAN 22:07:48 I can do that 22:07:50 BELIEV US11!! 22:07:54 Just gimme moneys 22:07:56 okay 22:07:58 what 22:08:04 is this buying or selling price? 22:08:10 buying 22:08:14 I think 22:08:47 maybe i should buy 1 BTC or something 22:08:51 but i wait for it to crack 22:08:56 complex: neither 22:09:03 ? 22:09:07 afaik exchange rate is calculated based on past trades 22:09:13 not on current orderbook 22:09:13 complex, You can buy crack for 1 btc already 22:09:57 so it is somehow a mean value of buying and selling price? 22:10:26 MK_FG: lol 22:10:33 MK_FG: lots of crack then 22:10:48 Meh, it's not a million bucks yet 22:10:52 definitely the last thing I'd do if I had BTC. 22:12:10 complex: no, I think it's actually the last executed trade 22:12:21 but not sure 22:13:41 holy fuck 22:13:42 LOL 22:13:50 I love this line in my logs: 22:13:51 2013-11-16T22:43:00.770614+01:00 linux-rfa7 kernel: [11803.291240] Fixing recursive fault but reboot is needed! 22:13:53 icetwy.re's monthly bandwidth transfer: 414Mb !! 22:13:55 joepie91, Just admit that it pulls values off /dev/urandom 22:14:00 "I fixed it but you're screwed anyway!" 22:14:01 wow 22:14:17 iceTwy: ? 22:14:18 .bitcoin 22:14:19 1 BTC = $437.31, 1 BTC = €340.00 22:14:21 .bitcoin 22:14:22 1 BTC = $437.31, 1 BTC = €340.00 22:14:25 .bitcoin 22:14:26 1 BTC = $437.31, 1 BTC = €340.00 22:14:26 Oh yeah, double page fault or someting 22:14:29 complex: you're using up my API calls 22:14:30 lol 22:14:38 it looks quite stable though 22:14:39 joepie91: icetwy.re has had 400Mb of bandwidth usage this month 22:14:41 Aka page fault on page fault 22:14:43 414Mb rather 22:14:44 that is enormous lol 22:14:47 complex: that's because the rate is not realtime 22:14:48 am I popular or what 22:14:54 well, icetwy.re & blog.icetwy.re 22:14:54 iceTwy: eh, seems pretty normal? 22:15:01 don't forget crawlers 22:15:02 joepie91: never was that high ;p 22:15:05 yeah true 22:15:18 still, that's good news :) 22:17:39 ehm 22:17:46 so what we do after BTC has been popular? 22:17:50 make a new currency? 22:18:05 complex: not even necessary 22:18:07 use altcoins 22:18:12 litecoins 22:18:20 then whatever currency is the most popular one after that 22:18:22 and so on 22:18:41 oh 22:18:59 but litecoin and altcoins are alternative currencies, same level as bitcoins? 22:19:06 its just that bitcoin is the "popular thing" 22:19:23 yeah 22:19:40 I mean.. they probably have some differences within the underlying code 22:19:53 but the protocol all altcoins are using is roughly the same, I assume 22:20:12 so if there needs to be a transition, it shouldn't be that hard 22:20:20 we'll be dead by then tho 22:21:02 altcoin blockchains are not compatible 22:21:24 yes 22:21:32 iceTwy: so you should mine altcoins or litecoins if you are mining at all 22:21:34 but what that means for most people is "download a new client, use another exchange site" 22:21:40 complex: I think so. 22:21:43 iceTwy: not really 22:21:49 and then you should spam on facebook how good altcoins and litecoins are after you have got it 22:21:55 joepie91: what are the further implications? 22:21:59 iceTwy: you'd have to figure out a way to get your BTC into whatever altcoin 22:22:00 write to dozens of newspapers 22:22:02 complex: well wait til the price raises 22:22:06 joepie91: ah, true 22:22:12 joepie91: redeem them for USD, then USD => altcoin 22:22:19 iceTwy: no 22:22:20 wrong 22:22:21 no? 22:22:24 that's the problem 22:22:28 you don't "redeem" bitcoins 22:22:30 you exchange them 22:22:34 and that is where the issue lies 22:22:36 true 22:22:38 but 22:22:43 if BTC is dying off, who is going to buy your BTC and be stuck with them? 22:22:48 Bitcoin reaching its max capability =/= BTC not being used 22:22:57 BTC can still be used even after we've reached the limit 22:22:58 "max capability"? 22:23:09 joepie91: well, when further BTC cannot be generated anymore 22:23:12 and what makes you think that there would be a switch to an altcoin in the first place? 22:23:16 iceTwy: how is that relevant? 22:23:22 to.. anything, really? 22:23:37 joepie91: well you can still get $ off by exchanging them 22:23:38 block rewards are a bootstrapping mechanism 22:23:45 iceTwy: you don't understand my question 22:24:01 iceTwy: you seem to be *assuming* that end of block rewards means end of BTC to some degree 22:24:07 that assumption makes no sense 22:24:12 no 22:24:15 block rewards are not vital nor required nor important for the functioning of BTC 22:24:17 that is exactly what I'm not saying 22:24:18 lol 22:24:18 other than in the bootstrap phase 22:24:21 then what -are- you saying 22:24:26 and where does blockchain migration come in? 22:24:28 the same thing! 22:24:33 look at this: 22:24:53 BTC can still be exchanged after the end of generation has been reached. 22:24:58 so they're still worth $ 22:25:11 so you can exchange them for $, then transfer those $ to an altcoin 22:25:21 two options for the people who still use BTC: 22:25:26 iceTwy: why would you want to exchange (not 'transfer') $ for an altcoin? 22:25:28 BTC dies off and they're f**ked 22:25:34 what is the point? 22:25:38 why would you use an altcoin? 22:25:43 joepie91: well that's for the migration bit 22:25:48 why would you migrate? 22:25:50 once BTC generation has reached an end 22:26:02 what does BTC block reward ending have to do with migration? 22:26:10 .bitcoin 22:26:11 1 BTC = $436.89, 1 BTC = €340.00 22:26:23 BTC block reward ending means that at least some people will switch to altcoins 22:26:28 iceTwy: because? 22:26:30 wait whats going on with bitcoin 22:26:40 iceTwy: I can't help but feel you're misunderstanding how Bitcoins reward mechanisms work 22:26:50 joepie91: because 1. misunderstanding, 2. media going like "oh no this is the end of BTC" when it isn't 22:27:02 iceTwy: why would people migrate without prior research? 22:27:05 joepie91: herp, no, I'm not misunderstand it myself 22:27:05 Oh this topic again 22:27:08 if that means potential loss of money? 22:27:13 joepie91: because they just want to use an altcoin 22:27:18 iceTwy: why would they? 22:27:23 I tend to just ingore the media on bitcoin becuase 80% of them are wrong 22:27:26 not necessarily Bitcoin, or necessarily X altcoin 22:27:43 not necessarily X altcoin* 22:27:46 iceTwy: you still haven't given a compelling reason why a migration towards an altcoin would take place in the first place 22:28:12 joepie91: because 1. misunderstanding, 2. media going like "oh no this is the end of BTC" when it isn't 22:28:22 factors external to BTC 22:28:27 I said "compelling reason", I addressed your points and you ignored my responses 22:28:27 also 22:28:31 assume the following reason 22:28:45 you're reasoning in circles now 22:28:57 joepie91: god lol, listen first of all 22:29:07 maybe those first arguments were not accurate 22:29:09 but this: 22:29:49 if people do not exchange BTC on a normal basis (e.g. the current basis) but instead decide to trade only a low volume 22:30:16 then 1. not everyone who is willing to buy BTC will get BTC, because of limited selling 22:30:22 2. BTC should die off that way 22:30:29 hence the migration to an altcoin 22:30:36 iceTwy: again, you are ASSUMING that people only trade low-volume 22:30:38 why would they do that? 22:30:43 iunno 22:30:52 I'm looking at all possible cases 22:30:58 so basically your entire reasoning is based on a scenario for which you don't understand how it would come about? 22:31:00 :| 22:31:10 hmm 22:31:12 :| 22:32:30 "1. not everyone who is willing to buy BTC will get BTC, because of limited selling" limited selling will just raise the value of bitcoin and deflate the currency so that less bitcoins buy more, and so people will want to buy less bitcoins 22:32:44 hence the death of BTC at some point 22:32:56 No, why would that mean the death? 22:32:59 iceTwy: how would that cause the "death of BTC"? 22:33:23 People are still buying the same value of bitcoins, but less bitcoins because the value of bitcoins increase 22:33:36 It's a win-win situation 22:33:38 (rephrased; less BTC units are needed to represent the same value) 22:33:43 yes 22:33:46 hmm 22:34:17 actually 22:34:19 you're right 22:34:21 lol 22:34:27 stoopid me 22:34:52 I think perhaps the biggest risk to Bitcoins at the moment is well, too much growth 22:35:07 hmm ye 22:35:11 I don't think Bitcoin network is in line with Moore's law 22:35:24 lysobit: s/too much growth/Mt. Gox/ 22:35:30 :| 22:35:33 At this rate, soon enough desktop computers won't be able to become nodes 22:35:37 (or in less specific terms, the immature ecosystem) 22:35:41 lysobit: hmm? 22:35:44 how long has this irc channel been active? 22:36:02 complex: as in, for how long it has existed? 22:36:14 yeah, and how long have you guys been investing in bitcoins really? 22:36:19 like, are you guys millionaires? 22:36:23 I'm not "investing" in Bitcoins 22:36:23 I use them 22:36:29 joepie91: the Bitcoin network is growing faster than Moore's law, if it continues growing at this rate, desktop computers won't have sufficient resources to become nodes 22:36:30 lysobit: yeah, devs are thinking about choping off old TX's 22:36:34 chopping* 22:36:38 I am also nowhere near a millionaire 22:36:58 as for how long this channel has existed, probably some 2-3 years 22:37:05 I'm the opposite of joepie91, I don't use Bitcoins 22:37:07 joepie91: buy vpns and stuff i suppose? like, i dont see the applications for bitcoin to everyday stuff 22:37:09 but this channel is not about Bitcoin; just happens to be a common topic in here 22:37:12 I only invest of them 22:37:13 in them* 22:37:14 complex: no, I don't buy VPNs 22:37:23 but that was an example 22:37:24 complex: wat 22:37:29 shops are beginning to accept BTC 22:37:33 IRL shops 22:37:35 that's cool 22:37:45 well yes 22:37:56 so far, it has primarily been receiving donations in BTC and either paying for VPSes (where providers accepted BTC) or exchanging for euros to pay other bills 22:37:59 I don't spend much money at all 22:38:05 regardless of currency 22:38:13 joepie91: the Bitcoin network is growing faster than Moore's law, if it continues growing at this rate, desktop computers won't have sufficient resources to become nodes 22:38:21 how do you mean "won't have sufficient resources to become nodes"? 22:40:11 joepie91: either: a) the Bitcoin blockchain grows so big that it's not desirable, practical or even possible to run on home computers or b) there are so many transactions per second that is has an undesirable effect on a home network connection, especially in countries with lower quality broadband 22:40:45 lysobit: blockchain size is being mitigated through immediately pruneable data, block header downloads and transaction pruning 22:41:02 transactions do not necessarily need to be broadcast by every node either 22:41:07 also 22:41:17 guess that's the end of my business at dynadot 22:42:19 are they even serious 22:44:20 would it not be a good idea to invest a 10-20 dollars in both altcoin and litecoin? 22:44:54 complex: why not 22:45:06 complex: if you've got a couple of spare bills, heh 22:47:08 student loan yolo 22:48:49 *** probably (asdf@cryto-18FB1FE5.bu.edu) has joined #crytocc 22:57:19 iceTwy: really, fuck Dynadot 22:58:40 joepie91: internet.bs yesyesyes 22:58:47 joepie91: do you have any experience with Namecheap? 22:59:27 iceTwy: have two domains there 22:59:33 but I normally use internet.bs 22:59:41 from what I've heard, namecheap is okay 23:00:40 joepie91: hmkay 23:01:22 *** fr0z3n has quit (Connection reset by peer) 23:01:41 *** fr0z3n (fr0z3n@C988E34E.992BBF89.2E9A2AD3.IP) has joined #crytocc 23:09:54 lol 23:10:04 ASRock introduces motherboards designed for Bitcoin mining 23:10:11 (late to the party..) 23:12:31 http://www.asrock.com/news/index.asp?cat=News&ID=1765 23:23:34 It's never too late to try, who knows what might happen, maybe you'll make a fortune out of it! 23:23:38 False advertising 23:23:44 for the motherboard and btc 23:30:09 yup DrWhat 23:30:11 lol 23:30:13 NP: Raining Blood by Slayer - from Reign In Blood (1986) 23:30:30 lol 23:30:32 funny 23:30:41 went from fusion jazz to thrash metal 23:35:25 oh btw joepie91! 23:35:32 I received my first Electrum donation a couple days ago 23:36:24 urgh 23:36:27 Bitcoin donation 23:36:31 great, now my monitor is having hardware issues too, wtf 23:36:36 iceTwy: was about to correct you lol 23:39:14 *** pzuraq (pzuraq@cryto-D2623541.hsd1.ca.comcast.net) has joined #crytocc 23:46:27 NP: Her Love Remains by Sleep White Winter - from Dreamscapes (2013) 23:46:29 much gud 23:52:05 fuck i suck in chess 23:52:59 lost three times to the same guy. two by mistakes that i would recognize if i didnt do my move in 5 sec 23:56:05 *** ElectRo` has quit (Client exited) 23:56:30 *** ElectRo` (x@cryto-D181503A.torservers.net) has joined #crytocc