1 2011-03-14 00:00:52 <blarzong> at the end well settle the diff, and release the escrow
  2 2011-03-14 00:01:23 <slush> I'm curious if there is some space for 'programmable escrow'
  3 2011-03-14 00:01:41 <justmoon> slush: was wondering same thing
  4 2011-03-14 00:01:48 <luke-jr> blarzong: I assert that I should be trusted on my word. :P
  5 2011-03-14 00:02:03 <blarzong> luke-jr: youre a trustworthy guy, so thats fine w/me
  6 2011-03-14 00:02:03 <luke-jr> slush: I wish tx scripts could implement them.
  7 2011-03-14 00:02:06 <slush> two sides make an agreement on rules, then script them, enter to system and send money
  8 2011-03-14 00:02:36 <slush> luke-jr well, I'm not sure what can be covered by tx scripts
  9 2011-03-14 00:02:37 <blarzong> opentransactions does a lot of that
 10 2011-03-14 00:03:15 <luke-jr> slush: tx scripts have no access to either time or block height, which would be useful
 11 2011-03-14 00:03:43 <slush> luke-jr tx scripts cannot, for example, check paypal account for its deposit :)
 12 2011-03-14 00:03:51 <luke-jr> slush: I wonder if such a site could operate by charging random fees-- most things go gratis, but it randomly bills a fee
 13 2011-03-14 00:04:15 <slush> luke-jr I like clear rules; why make the fees random?
 14 2011-03-14 00:04:58 <slush> I played with running python scripts in sandbox environment, maybe this is nice use case
 15 2011-03-14 00:04:59 <luke-jr> slush: it would be popular because it's "usually free"
 16 2011-03-14 00:05:06 <luke-jr> slush: plus, PayPal effectively does just that :P
 17 2011-03-14 00:05:12 <slush> hehe
 18 2011-03-14 00:05:13 <lfm> slu8sh to collect an average fee of 0.001 you charge one out of 10 customers a 0.01 fee
 19 2011-03-14 00:06:14 <jgarzik> slush: http://www.bitcoin.org/smf/index.php?topic=750.0
 20 2011-03-14 00:06:25 <slush> lfm: question is why not charge everyone with 0.01 fee ;)
 21 2011-03-14 00:07:24 <slush> jgarzik: I read this. Still think that classic web service may be more flexible
 22 2011-03-14 00:08:06 <lfm> slush you mean cheat? well I spoze you could try, you might get caught out tho
 23 2011-03-14 00:08:10 <osearth> never seen this onehttps://bitcoinbonus.com/
 24 2011-03-14 00:08:49 <luke-jr> slush: if you charge everyone .01 fee, people will see it as a .01 fee
 25 2011-03-14 00:09:02 <luke-jr> if you charge randomly, people will see it as a "usually free"
 26 2011-03-14 00:09:19 <slush> maybe, this is the last point in the whole stuff :)
 27 2011-03-14 00:09:52 <ovatork> i'm still trying to understand bitcoin
 28 2011-03-14 00:10:31 <ovatork> i'm wondering if y'all can help me. when a miner is hashing away, what is changing on each attempt that gives a different hash?
 29 2011-03-14 00:10:48 <slush> damn, the sandboxing stuff is lost somewhere in the universe
 30 2011-03-14 00:11:49 <blarzong> technically we have a forward contract, since no money is traded up front.. if it were a futures contract, i might pay up to 3.75 btc if i think the price wont go higher than $1 USD
 31 2011-03-14 00:11:59 <Tril> ovatork: it's called a nonce, an arbitary number
 32 2011-03-14 00:12:20 <slush> ovatork: nonce and possibly ntime
 33 2011-03-14 00:12:42 <BurtyB> ovatork err read the scroll :)
 34 2011-03-14 00:12:47 <slush> ntime is current unix timestmap
 35 2011-03-14 00:13:08 <ovatork> so they hash.. hash fails. so a new nonce is generated and they try again? new nonce on each attempt at "flipping a coin"
 36 2011-03-14 00:15:01 <jgarzik> ovatork: correct
 37 2011-03-14 00:15:29 <blarzong> if you think btc will be at $1.05 in a month, you shoudl be willing to pay me up to 2.38 btc to buy the contract i have wiht luke-jr
 38 2011-03-14 00:15:29 <ovatork> ok
 39 2011-03-14 00:16:22 <ovatork> so.. everyone is in a race to generate a block that includes, a random number, all of the transactions since the last block, and one transaction with THE MINERS public key getting 50 bitcoins
 40 2011-03-14 00:16:49 <blarzong> luke-jr is a smart guy.. i think i will probably lose a few btc on this trade
 41 2011-03-14 00:16:58 <ovatork> whoever can find a nonce that makes the hash of that start with N-number of zero's, the block is created and spread across the network
 42 2011-03-14 00:17:03 <xelister> blarzong: hm? are you trading futures?
 43 2011-03-14 00:17:09 <blarzong> xelister: yeah
 44 2011-03-14 00:17:12 <xelister> cool
 45 2011-03-14 00:17:25 <xelister> you are future seling or buying btc?
 46 2011-03-14 00:17:59 <blarzong> we are both long on btc, but hes a bit longer than me
 47 2011-03-14 00:18:23 <blarzong> i am buying if the strike price is the current value
 48 2011-03-14 00:19:33 <xelister> ;; getrating blarzong
 49 2011-03-14 00:19:34 <gribble> Error: No such user in the database.
 50 2011-03-14 00:21:02 <phantomcircuit> ovatork, exactly
 51 2011-03-14 00:21:03 <xelister> blarzong: send you a pm.
 52 2011-03-14 00:21:21 <ovatork> awesome, that helps a lot. thank you.
 53 2011-03-14 00:21:22 <blarzong> cool
 54 2011-03-14 00:27:30 <xelister> can you give me idae how your system would work?
 55 2011-03-14 00:27:40 <xelister> e.g. we target rate say 1.00 BTC,  and we are using base amount of 100 BTC, and payout day is in 30 days,
 56 2011-03-14 00:27:46 <xelister> if this day comes, and BTC is (on mtgox) @ 0.90 then what happens?  and what if it is @ 1.10 ?
 57 2011-03-14 00:27:54 <xelister> blarzong: ^
 58 2011-03-14 00:29:04 <blarzong> ok so if A agrees to buy 100 btc @ $1, then they settle up in 30 days
 59 2011-03-14 00:29:45 <blarzong> if it turns out to be $0.9, then A gives you $10 (or 11.11 btc if you settle in btc)
 60 2011-03-14 00:29:46 <gribble> Error: You must be registered to use this command. If you are already registered, you must either identify (using the identify command) or add a hostmask matching your current hostmask (using the "hostmask add" command).
 61 2011-03-14 00:29:46 <slush> ;;say later Diablo-D3 Any chance to support long polling soon?
 62 2011-03-14 00:30:25 <slush> ;;say later Diablo-D3 Any chance to support long polling soon?
 63 2011-03-14 00:30:26 <gribble> Error: You must be registered to use this command. If you are already registered, you must either identify (using the identify command) or add a hostmask matching your current hostmask (using the "hostmask add" command).
 64 2011-03-14 00:30:33 <blarzong> if its $1.10 B gives A $10 (or 9.09 btc if settling in btc)
 65 2011-03-14 00:30:46 <slush> ;;hostmask add
 66 2011-03-14 00:30:47 <gribble> Error: That operation cannot be done in a channel.
 67 2011-03-14 00:30:50 <slush> wtf
 68 2011-03-14 00:30:51 <xelister> slush: how long polling works/what it does? keeps RPC open to get new data without reopneing RPC connection? like json COMMET style?
 69 2011-03-14 00:31:02 <slush> yes
 70 2011-03-14 00:31:24 <slush> pool actively pushing new job when block come in
 71 2011-03-14 00:31:42 <xelister> that does not help the miners, only the pool itself?
 72 2011-03-14 00:31:55 <slush> that helps both
 73 2011-03-14 00:32:30 <slush> miner can turn off periodic askrate and don't produce so much stale shares
 74 2011-03-14 00:32:33 <xelister> how it improves the mining?
 75 2011-03-14 00:32:36 <slush> and pool has a little les load
 76 2011-03-14 00:32:37 <blarzong> what is the currency symbol for btc
 77 2011-03-14 00:32:37 <xelister> ah
 78 2011-03-14 00:32:54 <xelister> blarzong: an Unicode glyph of a Dong.  I think Ati invented this
 79 2011-03-14 00:33:23 <slush> it does not help for producing invalid blocks and does not fix stale shares absolutely as nothing is absolutely instant, but help a lot
 80 2011-03-14 00:34:13 <blarzong> http://www.bitcoin.org/smf/index.php?topic=4003.0  looks like BlackMarket has a client ready
 81 2011-03-14 00:34:18 <blarzong> so you can trade such futures through their client
 82 2011-03-14 00:34:23 <gribble> Error: The "Later" plugin is loaded, but there is no command named "say" in it.  Try "list Later" to see the commands in the "Later" plugin.
 83 2011-03-14 00:34:23 <slush> ;;later say
 84 2011-03-14 00:34:45 <gribble> The operation succeeded.
 85 2011-03-14 00:34:45 <slush> ;;later tell Diablo-D3 Any chance to support long polling soon?
 86 2011-03-14 00:34:50 <slush> uff
 87 2011-03-14 00:35:37 <blarzong> you have to come up with a way to figure out what the closing price is if youre doing a contract
 88 2011-03-14 00:36:02 <blarzong> the median price (weighted by volume) across all exchanges is probably the best bet, but i dunno if they release those numbers
 89 2011-03-14 00:36:21 <xelister> blarzong: I think, the mediana (by volume) up to the amount that was set as base of trade
 90 2011-03-14 00:36:32 <blarzong> makes sense yeah
 91 2011-03-14 00:36:35 <jgarzik> slush: I can add to cpuminer, when your pool supports it :)
 92 2011-03-14 00:36:40 <xelister> :D
 93 2011-03-14 00:37:09 <blarzong> a futures market for btc could pump up the currency quite a bit
 94 2011-03-14 00:37:16 <slush> jgarzik: oh, you're here
 95 2011-03-14 00:37:26 <blarzong> especially if you're settling in btc at the end
 96 2011-03-14 00:37:30 <slush> jgarzik: it would be great, long poling is the best 'win' for CPU miners
 97 2011-03-14 00:38:34 <blarzong> if youre not settling in actual btc, its just a derivative
 98 2011-03-14 00:38:54 <slush> jgarzik: just read "X-Long-Polling" header. If presented, use URL inside to connect from separate thread and send normal getwork request (including authorization header).
 99 2011-03-14 00:39:01 <jgarzik> slush: yes, I agree it's nice
100 2011-03-14 00:39:03 <slush> jgarzik: response come when new block is here
101 2011-03-14 00:39:20 <jgarzik> slush: when will your pool support it?
102 2011-03-14 00:39:27 <slush> jgarzik: also don't forget to turn off ask rate and refresh only when nonce is on the end ;)
103 2011-03-14 00:39:30 <blarzong> but if youre actually taking delivery of the pigs/corn/btc its a real forward/futures contract
104 2011-03-14 00:39:42 <xelister> jgarzik:  http://imagebin.org/index.php?mode=image&id=142837
105 2011-03-14 00:39:53 <slush> jgarzik: It was turned for a while on friday, then I found some strange issues on bitcoin p2p layer so I turned it off
106 2011-03-14 00:40:01 <slush> jgarzik: hope tomorrow I'll finally solve it
107 2011-03-14 00:40:02 <xelister> wait, what, slush you are really considering cpu miners again?
108 2011-03-14 00:40:03 <jgarzik> slush: what issues?
109 2011-03-14 00:40:12 <xelister> I thought you where all about not mining with CPU on your pool?
110 2011-03-14 00:40:13 <slush> xelister: I never ban them
111 2011-03-14 00:40:27 <jgarzik> xelister: CPU miners pound the servers the hardest, so long poll will have greatest effect on reducing server load
112 2011-03-14 00:40:28 <slush> xelister: I think it is worthless, but I support CPU miners without problem
113 2011-03-14 00:40:41 <xelister> hmm ok
114 2011-03-14 00:40:48 <blarzong> traders usually sell the contract before they actually have to take any delivery.. but they do actually pay someone a small fee to handle storage should it arise.. in the last commodities bubble, food was piliing up in warehouses
115 2011-03-14 00:40:57 <xelister> what is actually limit for such tunnel, isnt it like 30 seconds (without extra pings)?
116 2011-03-14 00:41:18 <slush> jgarzik: I'm using artforz python node to listen for new block, instead of polling bitcoind RPC for getblocknum
117 2011-03-14 00:41:38 <jgarzik> slush: what were the issues you saw with bitcoind?
118 2011-03-14 00:41:45 <slush> jgarzik: it works great, except the LP daemon receive notification sooner than bitcoind can serve new block :)
119 2011-03-14 00:42:01 <jgarzik> slush: watching debug.log provides easy, real-time access to all sorts of events
120 2011-03-14 00:42:18 <slush> well, I have many bitcoind on more machines
121 2011-03-14 00:42:45 <blarzong> i dont know much about futures or finance.. my last stock trade was in 2000 and i lost all my $500 ! haha
122 2011-03-14 00:43:00 <slush> I finally found quite nice solution without any need of polling, but it needs little coding
123 2011-03-14 00:43:37 <prax> running android emulator... can anyone tell me how to get into market?
124 2011-03-14 00:43:51 <slush> btw I fall in love to twisted
125 2011-03-14 00:45:16 <blarzong> i bought stock in BEOS at the height and then the crash happened
126 2011-03-14 00:45:19 <lfm> so are 6990 good deals at $750
127 2011-03-14 00:45:38 <blarzong> and BeOS was acquired for just $11 million in 2001
128 2011-03-14 00:49:28 <blarzong> beos stock went from $7 to $0.11 ... too bad
129 2011-03-14 00:49:48 <xelister> blarzong: beos, cool.  why beos?
130 2011-03-14 00:50:17 <blarzong> i thought it was awesome.. beautiful modern fast OS with a nice API
131 2011-03-14 00:50:53 <bt2100> Hey, I just ran into bitcoin recently, and installed it on 3 different machines here at my house. All 3 say they're connected to a handful of clients, they're generating coins, but how long should I expect to wait to see any output at all?
132 2011-03-14 00:51:38 <blarzong> bt2100: you might want to check out bitpenny.com
133 2011-03-14 00:51:40 <jgarzik> which pool is [Tycho]'s
134 2011-03-14 00:51:41 <jgarzik> ?
135 2011-03-14 00:51:48 <lfm> bt2100: if you are just using the standard bitcoin it might take years
136 2011-03-14 00:51:53 <slush> deepbit.net
137 2011-03-14 00:51:59 <subpar> jgarzik: deepbit
138 2011-03-14 00:52:07 <bt2100> blarzong: well I mean like, I read the wiki on what to expect, but they've been running for days and days with nothing to show for it...
139 2011-03-14 00:52:38 <bt2100> blarzong: ah thank you for the bitpenny link =]
140 2011-03-14 00:52:42 <subpar> bt2100: CPU or GPU?
141 2011-03-14 00:52:50 <anatoly_l> ;;bc,stats
142 2011-03-14 00:52:53 <gribble> Current Blocks: 113454 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1457 blocks | Next Difficulty In About: 1 week, 4 days, 13 hours, 38 minutes, and 22 seconds | Next Difficulty Estimate: 66807.20756595
143 2011-03-14 00:53:03 <bt2100> subpar: CPU, although I didn't realize I could use my GPU...
144 2011-03-14 00:53:32 <anatoly_l> Would it be really difficulty drop?
145 2011-03-14 00:53:34 <subpar> bt2100: generating a block with CPUs now is poitnless
146 2011-03-14 00:53:46 <bt2100> subpar: is there a different client or configuration I should be using?
147 2011-03-14 00:53:54 <subpar> ;;bc,calc 50000
148 2011-03-14 00:53:55 <gribble> The average time to generate a block at 50000 Khps, given current difficulty of 76193.9710474 , is 10 weeks, 5 days, 18 hours, 3 minutes, and 32 seconds
149 2011-03-14 00:54:18 <subpar> that is assuming 3 monster rigs
150 2011-03-14 00:54:22 <bt2100> hmmm
151 2011-03-14 00:54:22 <JunK-Y> how can the difficulty decrease?
152 2011-03-14 00:54:27 <lfm> bt2100: what gpu(s) models do you have?
153 2011-03-14 00:54:54 <bt2100> lfm: I have a pair of nvidia 8800GS in a box here that I could be putting to use...
154 2011-03-14 00:54:56 <blarzong> im broke and unemployed
155 2011-03-14 00:55:02 <blarzong> need some btc / usd fast
156 2011-03-14 00:55:17 <blarzong> if only beos stock had tripled
157 2011-03-14 00:55:20 <lfm> blarzong: get offa irc and get a job
158 2011-03-14 00:55:25 <subpar> bt2100: ATI cards perform much better with BTC
159 2011-03-14 00:55:32 <blarzong> no jobs in my industry.. im an electrician
160 2011-03-14 00:55:33 <slush> jgarzik: how is your pool going?
161 2011-03-14 00:55:43 <bt2100> subpar: do I need to do anything special to have bitcoin take advantage of the GPUs available?
162 2011-03-14 00:55:56 <blarzong> building construction has really tanked since the GFC
163 2011-03-14 00:56:04 <lfm> blarzong: lotsa job here
164 2011-03-14 00:56:05 <slush> bt2100: which GPU do you have?
165 2011-03-14 00:56:09 <slush> oh, sorry
166 2011-03-14 00:56:09 <subpar> bt2100: go grab the poclbm GUI in the forums
167 2011-03-14 00:56:10 <jgarzik> slush: just found the first block ~24 hrs ago
168 2011-03-14 00:56:10 <slush> I see
169 2011-03-14 00:56:21 <JunK-Y> slush: did you try the ATI 6990 ?
170 2011-03-14 00:56:23 <subpar> bt2100: that is the easiest path forward
171 2011-03-14 00:56:29 <bt2100> subpar: thank you =]
172 2011-03-14 00:56:39 <slush> JunK-Y: no, I have 5970
173 2011-03-14 00:56:54 <subpar> bt2100: but you will need to be running bitcoind locally or make an acocunt with a pool
174 2011-03-14 00:56:59 <lfm> 5790?
175 2011-03-14 00:57:00 <blarzong> http://mining.bitcoin.cz/ is also a very good pool
176 2011-03-14 00:57:02 <JunK-Y> kk
177 2011-03-14 00:57:16 <jgarzik> slush: pool is not main focus on xf2.org, only one service among many.  I plan to offer private pools, public pools, private bitcoind instances, and other fun things not related at all to mining
178 2011-03-14 00:57:42 <jgarzik> Example:  GPG rating system (reputation), where you pay bitcoins for ratings
179 2011-03-14 00:57:46 <slush> jgarzik: private bitcoind instances was also my idea, it may be handy
180 2011-03-14 00:58:25 <jgarzik> right now my pool == me, so only 2 Ghps
181 2011-03-14 00:58:35 <jgarzik> no outside users (yet)
182 2011-03-14 00:59:05 <slush> I think there is quite tight competition between current pools :)
183 2011-03-14 00:59:08 <slush> so we will see
184 2011-03-14 00:59:57 <slush> I believe that future mining is about pools, so there is definitely space for three good pools
185 2011-03-14 01:00:40 <blarzong> i proposed incorporating pools into the protocol... get paid a fixed amount for some level of difficulty that a pool would consider adequate for a payout transaction
186 2011-03-14 01:01:22 <slush> blarzong: there is definitely space for some services offered by pools on top of normal operation
187 2011-03-14 01:01:30 <slush> we will see if there will be the demand
188 2011-03-14 01:02:16 <blarzong> that way you can shift the decimal place like 6 places to the right, and ppl will be happy to earn free ubiks or whatever as soon as they fire up the client hehe
189 2011-03-14 01:02:19 <AmpEater> Slush when you gonna open your pool?
190 2011-03-14 01:02:29 <subpar> I haved used both pools this weekend
191 2011-03-14 01:02:31 <slush> AmpEater: ehm, last week?
192 2011-03-14 01:02:38 <subpar> AmpEater: it is open again ;-)
193 2011-03-14 01:02:54 <AmpEater> Really? Well I'm out of the loop
194 2011-03-14 01:03:00 <slush> :)
195 2011-03-14 01:03:11 <blarzong> http://mining.bitcoin.cz/stats/hall-of-fame/
196 2011-03-14 01:03:27 <AmpEater> Get ready for 4ghash / sec more
197 2011-03-14 01:03:28 <slush> I didn't advertise a lot, I'm affraid of another bitcoin slashdotting ;)
198 2011-03-14 01:03:35 <slush> great :)
199 2011-03-14 01:03:43 <blarzong> 60 GHps wow
200 2011-03-14 01:04:20 <lfm> ;;bc,poolstats
201 2011-03-14 01:04:21 <gribble> {"ghashes_ps": "124.019", "shares": 184716, "active_workers": 0, "round_duration": "1:46:37", "score": "18935.0260", "round_started": "2011-03-14 00:17:19", "shares_cdf": "91.15", "getwork_ps": 1712}
202 2011-03-14 01:04:41 <luke-jr> blarzong: as of right now, we have no contract. While I assert my word as being trustworthy, that does not extend to taking you at your word. :p
203 2011-03-14 01:05:11 <slush> blarzong: heh, 'connected' in hall of fame is broken, same as 'active workers' on stats page
204 2011-03-14 01:05:23 <slush> it is known, I'd like to publish long polling before fix this
205 2011-03-14 01:05:41 <luke-jr> blarzong: I don't consider myself long on bitcoin, nor "smart" in financial stuffs
206 2011-03-14 01:05:49 <Spenvo> haha slush, worried about the masses
207 2011-03-14 01:06:14 <slush> Spenvo: well, about masses with CPUs :)
208 2011-03-14 01:06:28 <blarzong> luke-jr: wel you made a good bet
209 2011-03-14 01:06:29 <Spenvo> hahaha, i'm glad i'm not in the mining game
210 2011-03-14 01:06:33 <blarzong> i thought i would lose
211 2011-03-14 01:06:51 <luke-jr> ?
212 2011-03-14 01:07:09 <kiba> the volume today is extremely low
213 2011-03-14 01:07:20 <blarzong> i was worried about losing onthe bet luke-jr
214 2011-03-14 01:07:41 <kiba> and ask volume rose above 10,000
215 2011-03-14 01:07:50 <luke-jr> blarzong: so you don't want to do it?
216 2011-03-14 01:07:57 <blarzong> im happy to do the bet
217 2011-03-14 01:08:03 <blarzong> i dont mind a little risk
218 2011-03-14 01:08:14 <luke-jr> ok
219 2011-03-14 01:08:17 <dissipate> I just posted my idea for a bitcoin based bounty pool software platform for FOSS projects: http://www.bitcoin.org/smf/index.php?topic=4435.0  please let me know what you guys think.
220 2011-03-14 01:08:22 <luke-jr> I still require clearcoin from you though :p
221 2011-03-14 01:08:55 <Spenvo> thanks dissipate, i'll check it out tonight
222 2011-03-14 01:09:23 <luke-jr> dissipate: in my experience, bountys don't work
223 2011-03-14 01:09:28 <luke-jr> dissipate: good luck, though
224 2011-03-14 01:09:30 <dissipate> Spenvo, cool. i'm hoping we can work together with the folks at Pyjamas.
225 2011-03-14 01:09:58 <blarzong> luke-jr: hmm, ok. youre a trustworthy and established member, im new, so i guess thats reasonable
226 2011-03-14 01:10:00 <luke-jr> also note my experience w/ bounties is basically limited to game dev :p
227 2011-03-14 01:10:05 <dissipate> luke-jr, what bounties didn't work?
228 2011-03-14 01:10:16 <blarzong> i should only have to escrow 7.22 btc (the most i could lose if btc goes to 1.80)
229 2011-03-14 01:10:41 <luke-jr> dissipate: I offered to finish coding new features for Armagetron, but the bidding toward a bounty never got anywhere close to what it would cost me
230 2011-03-14 01:11:02 <blarzong> we assume 1.80 is a sufficiently high future value that both of us think is unlikely to happen in a month
231 2011-03-14 01:11:22 <blarzong> we will agree to cap any losses at $1.80 usd. beyond that no loss
232 2011-03-14 01:11:31 <luke-jr> blarzong: I don't understand that math
233 2011-03-14 01:11:41 <dissipate> luke-jr, i'm thinking these bounties would be put up by small businesses with a profit based stake in new features for certain software.
234 2011-03-14 01:11:59 <luke-jr> dissipate: yeah, it may work with businesses bidding
235 2011-03-14 01:12:11 <luke-jr> dissipate: like I said, my experiences were game dev, with players bidding
236 2011-03-14 01:12:22 <dissipate> yep. businesses A, B, C all want feature X
237 2011-03-14 01:12:50 <genjix> why so much obsession with mining and pools?
238 2011-03-14 01:13:06 <luke-jr> genjix: for most people, "free money" is the only incentive to use bitcoin
239 2011-03-14 01:13:18 <genjix> that's so silly :p
240 2011-03-14 01:13:30 <luke-jr> genjix: that's why I keep saying bitcoin needs more ways to appeal to people
241 2011-03-14 01:13:42 <luke-jr> eg, for me, Tonal support
242 2011-03-14 01:14:18 <genjix> blackjack and hookers
243 2011-03-14 01:14:43 <luke-jr> sigh
244 2011-03-14 01:15:09 <luke-jr> Netsniper: how many?
245 2011-03-14 01:15:23 <genjix> i actually have quite a good hourly if i work, but i cant be bothered
246 2011-03-14 01:15:25 <Netsniper> i'd have to see the yard first :)
247 2011-03-14 01:15:30 <luke-jr> >_<
248 2011-03-14 01:15:33 <osearth> hmmm cybermunch for digicash..
249 2011-03-14 01:15:35 <genjix> so i live on the edge constantly
250 2011-03-14 01:15:39 <luke-jr> Netsniper: it's 20 acres :P
251 2011-03-14 01:15:50 <genjix> like a kid who leaves homework to the last minute
252 2011-03-14 01:16:09 <blarzong> wait did i get the math wrong
253 2011-03-14 01:16:14 <noagendamarket> genjix someone needs a tractor with a slasher :)
254 2011-03-14 01:16:15 <luke-jr> blarzong: that's what I was saying
255 2011-03-14 01:16:37 <Netsniper> luke-jr: 20 acres of flat land with no edging - i'll say 300 bitcoins
256 2011-03-14 01:16:45 <luke-jr> 1.80 to 1.15 is 0.65 difference
257 2011-03-14 01:16:53 <luke-jr> *25 = 16.25 BTC
258 2011-03-14 01:17:01 <luke-jr> Netsniper: it's sloped.
259 2011-03-14 01:17:11 <genjix> Netsniper: do you want to come mow my lawn?... in my basement?... in the dark (naked)
260 2011-03-14 01:17:26 <luke-jr> &
261 2011-03-14 01:17:26 <Netsniper> genjix: no :(
262 2011-03-14 01:17:40 <genjix> u get 2 wear an apron
263 2011-03-14 01:17:40 <kiba> luke-jr: what would it take for you to not believe in God?
264 2011-03-14 01:17:53 <genjix> go away
265 2011-03-14 01:17:53 <luke-jr> kiba: brain damage?
266 2011-03-14 01:18:16 <blarzong> at the end im giving you $28.75 (15.97 btc if the closing value is $1.80 per btc)
267 2011-03-14 01:18:18 <Netsniper> what god?
268 2011-03-14 01:18:47 <Netsniper> the largest i've done so far is 12 acrees and it took 6 hours
269 2011-03-14 01:18:51 <blarzong> and you're returning 20 btc to me.. so i get 4.03 btc
270 2011-03-14 01:18:58 <Netsniper> but it was also a lot of trimming
271 2011-03-14 01:19:26 <blarzong> i forgot who was buying from whom.. im selling you btc right
272 2011-03-14 01:19:47 <luke-jr> Netsniper: why don't we just say max stakes 20 BTC, calculated on the market price in a month?
273 2011-03-14 01:20:27 <blarzong> so at the end you're giving me $28.75 (25 * $1.15). if btc is $1.80 you give me 15.97 btc.. and i give you 25 btc
274 2011-03-14 01:20:56 <blarzong> so i could lose 9.03 btc
275 2011-03-14 01:21:00 <luke-jr> blarzong: what?
276 2011-03-14 01:21:27 <blarzong> im just suggesting we close the transaction in btc rather than usd
277 2011-03-14 01:21:33 <luke-jr> you're talking in USD
278 2011-03-14 01:23:42 <blarzong> yeah
279 2011-03-14 01:23:43 <luke-jr> if BTC goes to $1.80, you owe me 14.13043478 BTC; if BTC drops to $0.50, I owe you 14.13043478 BTC
280 2011-03-14 01:24:00 <blarzong> ermm... btc on that day is mult
281 2011-03-14 01:24:41 <dissipate> are we setting up betting games? :O
282 2011-03-14 01:24:50 <blarzong> put it another way: both parties can lose up to $16.25 USD (which will be 32.5btc if its  $0.5 or 9.02 btc if it ends up at $1.80)
283 2011-03-14 01:25:47 <blarzong> im just converting the loss to btc on the day of settlement
284 2011-03-14 01:25:51 <blarzong> its up to you tho your way is fine
285 2011-03-14 01:27:15 <blarzong> so i was wrong.. instead of escrowing 7.22btc my max loss is 9.02 btc
286 2011-03-14 01:27:15 <luke-jr> I don't understand your way, so can we do mine? :P
287 2011-03-14 01:28:45 <blarzong> ok ill setup an escrow and then we can go from there
288 2011-03-14 01:28:45 <luke-jr> so we would both escrow 14.13, and do the buy at $28.75 today?
289 2011-03-14 01:28:57 <luke-jr> wait, does clearcoin allow partial release?
290 2011-03-14 01:29:19 <blarzong> i dont know
291 2011-03-14 01:29:30 <luke-jr> hrm
292 2011-03-14 01:29:31 <blarzong> i think the escrow would just be proof of commitment
293 2011-03-14 01:30:30 <luke-jr> maybe we need a trusted 3rd party to hold the escrows and evaluate the market
294 2011-03-14 01:30:46 <luke-jr> their reward being 28.26 BTC to use as they like for a month
295 2011-03-14 01:31:06 <blarzong> my only concern is the trusted party decides to blow the money on hookers and drugs...
296 2011-03-14 01:31:46 <xelister> luke-jr: I like my & blarzong idea
297 2011-03-14 01:32:08 <blarzong> i trust clearcoin tho.. no problems w/that
298 2011-03-14 01:32:10 <luke-jr> blarzong: that's why it's someone trusted
299 2011-03-14 01:32:36 <xelister> median (by volume) of mtgox prices, not all prices, but up to the volume about which the "bet" was made. Better yet, made it average over X days before the finall date, e.g. 3+10% of "bet" length
300 2011-03-14 01:33:18 <luke-jr> xelister: too complicated. I'm wasting more time figuring this out that I stand to win :p
301 2011-03-14 01:33:29 <xelister> luke-jr: well it is fair
302 2011-03-14 01:33:40 <xelister> if not, then just avg of mtgox average price from last 7 days
303 2011-03-14 01:34:10 <xelister> also mtgox could script such stats
304 2011-03-14 01:34:18 <xelister> triviall
305 2011-03-14 01:34:21 <blarzong> yeah something like that, just to make sure no one does a sham trade between himself to artificially make the price higher
306 2011-03-14 01:35:07 <blarzong> i mean on the day of, i could just sell 10,000 to myself at $0.01 heh... well i dont have any $ anyway, so that wont happen
307 2011-03-14 01:36:51 <FellowTraveler> that's why you have to take fundamentals into account, not just technicals.
308 2011-03-14 01:37:03 <FellowTraveler> They are more difficult to manipulate.
309 2011-03-14 01:37:28 <blarzong> yeah FellowTraveler. I think OT already handles all these transactions
310 2011-03-14 01:38:03 <FellowTraveler> OT allows you to create market offers and trade them.  I just need to add a couple functions so you can query for market depth, volume, price points, etc
311 2011-03-14 01:38:15 <FellowTraveler> more introspection basically to what is already underneath.
312 2011-03-14 01:38:45 <blarzong> yeah so an exchange based on OT where ppl can buy and sell
313 2011-03-14 01:38:56 <FellowTraveler> I also realized that Bitcoin is the perfect "medium" for value transfers between OT servers
314 2011-03-14 01:39:05 <blarzong> interesting
315 2011-03-14 01:39:05 <FellowTraveler> once you get there, you can convert in/out of any other currency.
316 2011-03-14 01:39:10 <FellowTraveler> on markets.
317 2011-03-14 01:39:41 <FellowTraveler> let's say you transferred 1000 BTC to the server, and it gave you 1000 units of an OT asset type denominated in BTC
318 2011-03-14 01:39:49 <FellowTraveler> Then you could trade those on OT markets against gold, dollars, etc
319 2011-03-14 01:39:55 <blarzong> cool
320 2011-03-14 01:40:03 <FellowTraveler> convert to BTC, then take to ANOTHER OT server, use market to convert back to dollars again
321 2011-03-14 01:40:12 <FellowTraveler> see Bitcoin becomes a "glue" that connects them all.
322 2011-03-14 01:40:26 <FellowTraveler> as long as there are markets on either end for convertibility you can go in and out of different national currencies too
323 2011-03-14 01:40:36 <blarzong> pretty cool
324 2011-03-14 01:40:58 <blarzong> no need to deal with forex fees in that case
325 2011-03-14 01:41:17 <FellowTraveler> Right now there are already dealers who buy/sell BTC for dollars in USA, and for Rubles in Russia
326 2011-03-14 01:41:31 <FellowTraveler> if you hit an OT server in between, you just found an untraceable way to convert dollars to rubles and back again.
327 2011-03-14 01:41:41 <blarzong> interesting
328 2011-03-14 01:42:20 <FellowTraveler> I've thought of other ways to do server transfers but I think Bitcoin is the coolest medium to glue everything together
329 2011-03-14 01:42:25 <lfm> the main limit is the size of the btc market
330 2011-03-14 01:42:44 <FellowTraveler> I think once people realize that Bitcoin allows them to convert anything into anything else, the size will grow.
331 2011-03-14 01:42:59 <FellowTraveler> the value of it, in my mind, isn't buying things with btc, but rather, converting in and out of btc between other things.
332 2011-03-14 01:43:05 <FellowTraveler> using it as lubricant.
333 2011-03-14 01:43:16 <blarzong> there is a psychological hurdle, ppl think 1 bitcoin should equal 1 dollar.. maybe shift the decimal point a few places, and today's bitcoin is really a megabitcoin
334 2011-03-14 01:43:47 <FellowTraveler> And anyway, Bitcoin needs something like OT because that's what makes it (a) untraceable (b) have instant settlement and ??? be easily convertible to other currencies
335 2011-03-14 01:44:02 <FellowTraveler> That was A. B. and C.
336 2011-03-14 01:44:08 <blarzong> i think ppl would rather have 1000 bitcoin than .001 bitcoin
337 2011-03-14 01:44:29 <FellowTraveler> in fact even the Bitcoin services now that provide those things are just duplicating OT functionality
338 2011-03-14 01:44:52 <luke-jr> blarzong: why don't I just plan to buy 25 BTC from you at $1.15 on Apr 13, and if one of us fails to follow through we are publicly shamed? :P
339 2011-03-14 01:45:14 <blarzong> luke-jr:  fine w/me.. thats exactly what you said before, but im for it
340 2011-03-14 01:45:36 <luke-jr> nah, before I was insisting on clearcoin from you :p
341 2011-03-14 01:45:51 <blarzong> aye..
342 2011-03-14 01:46:31 <blarzong> does anyone think bitcoin should be renamed to .001 bitcoin? its basically just a cosmetic change.. ppl like integers rather than decimals
343 2011-03-14 01:47:05 <blarzong> and there have been other names mentioned on the forums, but i dont think any name is better than bitcoin itself
344 2011-03-14 01:47:34 <luke-jr> blarzong: bitcoin is the technology
345 2011-03-14 01:47:50 <luke-jr> BTC is defined as 100,000,000 "atomic units" of bitcoin
346 2011-03-14 01:48:22 <blarzong> yeah..ppl talk about it like USD / dollar  BTC/bitcoin
347 2011-03-14 01:48:24 <lfm> blarzong: i vote no, dont change it
348 2011-03-14 01:48:25 <luke-jr> people can use mBTC already
349 2011-03-14 01:48:57 <luke-jr> blarzong: https://en.bitcoin.it/wiki/Units
350 2011-03-14 01:49:49 <blarzong> i noticed there was a sell-off at $0.5 and $1 in the btc market..
351 2011-03-14 01:50:42 <blarzong> interesting how arbitrary goalposts can influence selling behavior
352 2011-03-14 01:51:50 <blarzong> makes sense luke-jr
353 2011-03-14 01:52:19 <blarzong> anyway i still dont know enough about btc yet.. im gonna do a packet trace and see how the low-level stuff works just for fun
354 2011-03-14 01:52:49 <luke-jr> easier to read the code :p
355 2011-03-14 01:53:53 <blarzong> http://intrade.com/v4/home/  <-- would be cool to have this in bitcoin
356 2011-03-14 01:54:12 <blarzong> prediction market, ppl buying and selling world events
357 2011-03-14 01:54:34 <osearth> nice
358 2011-03-14 01:56:13 <blarzong> i could setup an OT server to manage the trades
359 2011-03-14 01:56:38 <luke-jr> blarzong: i think someone did
360 2011-03-14 01:56:43 <luke-jr> not as nice looking, but more or less
361 2011-03-14 01:56:49 <blarzong> ahh interesting
362 2011-03-14 01:57:36 <osearth> i'll code anything that is completely specd. PHP since 90s
363 2011-03-14 01:58:23 <luke-jr> osearth: huh?
364 2011-03-14 01:59:05 <osearth> i have tens of thousands of hours of webdev experience
365 2011-03-14 01:59:16 <blarzong> anyway i have to make some cash quick or im evicted. have to find a job soon
366 2011-03-14 01:59:39 <luke-jr> osearth: when in the 90s?
367 2011-03-14 02:01:01 <osearth> ive been freelancing the past year. getting back to code fills the free time from avoiding party promotion scene
368 2011-03-14 02:01:15 <blarzong> take your mining experience and bring it to a hedge fund. those guys are paying like $300K to developers. w/bitcoin experience and high performance stuff they will hire you
369 2011-03-14 02:01:40 <blarzong> funny how finance industry is paying 4x what other industries are paying, often for the same work
370 2011-03-14 02:02:00 <osearth> i'm a day 3 bitcoiner.
371 2011-03-14 02:02:34 <blarzong> http://www.huxley.com/en/JobSearch/SearchResults/?element_jobsearch_keywords=&element_industry=0&element_job_type=0&element_country=329&Submit=Search&Mode=JobSearch.SearchResults
372 2011-03-14 02:02:39 <blarzong> oops i thought i was on bitcoin-discussion
373 2011-03-14 02:05:44 <osearth> ha first thing i clicked was a 404. looks like they need to post an add on their own site ;]
374 2011-03-14 02:06:12 <blarzong> which link was that osearth?
375 2011-03-14 02:07:29 <blarzong> yeah i mean, i think anyone with bitcoin experience would be hired by these hedge funds. since its computational finance
376 2011-03-14 02:08:27 <blarzong> anyway i have to go outside and rummage through th edumpster for some scraps.. bb
377 2011-03-14 02:20:32 <mmagic> 8-hour window estimate dropping to the 50k mark..! http://bitcoin.sipa.be/speed-lin-2k.png
378 2011-03-14 02:20:43 <mmagic> wow
379 2011-03-14 02:20:46 <mmagic> ;;bc,stats
380 2011-03-14 02:20:51 <gribble> Current Blocks: 113459 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1452 blocks | Next Difficulty In About: 1 week, 4 days, 13 hours, 53 minutes, and 48 seconds | Next Difficulty Estimate: 66474.25723572
381 2011-03-14 02:23:41 <dust1> someone spamming the network?
382 2011-03-14 02:23:47 <dust1> bitcoinmonitor.com
383 2011-03-14 02:24:40 <AmpEater> Huh?
384 2011-03-14 02:25:03 <dust1> ampeater: theres a ton of .01 transactions
385 2011-03-14 02:25:14 <AmpEater> Shhh
386 2011-03-14 02:25:17 <AmpEater> Sorry
387 2011-03-14 02:25:24 <AmpEater> **shhh
388 2011-03-14 02:25:32 <AmpEater> Fucking spellcheck!
389 2011-03-14 02:25:39 <AmpEater> *ahhhh
390 2011-03-14 02:25:53 <AmpEater> I still don't get why anyone would spam
391 2011-03-14 02:25:55 <dust1> nvmd is only ~100 or so
392 2011-03-14 02:26:05 <AmpEater> Other than to force transaction fees
393 2011-03-14 02:26:05 <blarzong> hmm why would someone be doing all those B0.01's
394 2011-03-14 02:26:13 <mmagic> that's a "because they can" thing.
395 2011-03-14 02:26:28 <blarzong> its happening right after a block is found
396 2011-03-14 02:26:52 <mmagic> or, if it's not spam, it might be a legitimate micro-payment thing.
397 2011-03-14 02:27:19 <AmpEater> Hmmm
398 2011-03-14 02:27:26 <AmpEater> Makes sense
399 2011-03-14 02:27:34 <AmpEater> If there is a pattern
400 2011-03-14 02:27:41 <dust1> increase block size for free, force higher fees, mine blocks, collect fees?
401 2011-03-14 02:27:42 <AmpEater> Or mystery miner got smarter
402 2011-03-14 02:28:12 <AmpEater> Maybe mm has 1 million tiny accounts now
403 2011-03-14 02:28:28 <mmagic> i doubt it.
404 2011-03-14 02:28:34 <mmagic> where's the hashrate?
405 2011-03-14 02:29:02 <mmagic> http://blockexplorer.com/address/1E29AKE7Lh1xW4ujHotoT4JVDaDdRPJnWu
406 2011-03-14 02:29:06 <mmagic> looks spammy to me.
407 2011-03-14 02:29:45 <AmpEater> But why
408 2011-03-14 02:29:46 <blarzong> so who found the 2 blocks at 2:45 and 3:08 UTC..
409 2011-03-14 02:29:48 <mmagic> back and forth between two addresses. what a dork.
410 2011-03-14 02:30:06 <blarzong> probably the same person who did all the spam
411 2011-03-14 02:30:22 <AmpEater> Eh, ok
412 2011-03-14 02:32:07 <da2ce7> 100BTC bounty for a Open Transaction GUI, contact FellowTraveler for technical details.
413 2011-03-14 02:33:07 <blarzong> btw is there an agreed-upon url scheme for bitcoin yet
414 2011-03-14 02:33:27 <blarzong> like <a href="bitcoin://HfysZyMaKud">Pay me here!</a>
415 2011-03-14 02:33:53 <AmpEater> How do i throw 50btc in?
416 2011-03-14 02:34:32 <gribble> https://en.bitcoin.it/wiki/URI_Scheme | Jan 17, 2011 ... This is about creating a URI scheme for bitcoin. Previous discussion was in this forum thread. x-btc specification is at x-btc. ...
417 2011-03-14 02:34:32 <nanotube> ;;bc,wiki uri scheme
418 2011-03-14 02:34:36 <nanotube> blarzong: --^
419 2011-03-14 02:34:37 <blarzong> oh cool
420 2011-03-14 02:36:28 <FellowTraveler> AmpEater if you're talking about throwing in for OT, pls talk to da2ce7.
421 2011-03-14 02:38:07 <genjix> what kind of gui da2ce7 ?
422 2011-03-14 02:38:43 <da2ce7> Web. MVC or somthing like that.
423 2011-03-14 02:38:47 <FellowTraveler> a basic OT client that also features convertibility in/out of BTC, I think is what he has in mind.
424 2011-03-14 02:38:58 <FellowTraveler> warning: OT requires client-side processing
425 2011-03-14 02:40:16 <da2ce7> https://www.bitcoin.org/smf/index.php?topic=4439.msg65092#msg65092
426 2011-03-14 03:11:36 <blarzong> im so drunk
427 2011-03-14 03:16:06 <AmpEater> Prove it
428 2011-03-14 03:29:42 <validus> i was last nite lol
429 2011-03-14 03:29:48 <validus> i typo'd 9 outa 12 words typing a sentence to someone last nite, was like wow ya im not typing anymore
430 2011-03-14 05:02:45 <genjix> happy pi day!
431 2011-03-14 05:06:03 <TheKid> hmmm
432 2011-03-14 06:49:54 <JFK911> ;;bc,stats
433 2011-03-14 06:49:57 <gribble> Current Blocks: 113478 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1433 blocks | Next Difficulty In About: 1 week, 4 days, 12 hours, 15 minutes, and 2 seconds | Next Difficulty Estimate: 65945.54968677
434 2011-03-14 07:52:07 <da2ce7> webdesigner/coders for bitcoin? who is good and wanting to decuss a project?
435 2011-03-14 07:52:19 <da2ce7> *has free time/ inbetween work.
436 2011-03-14 07:52:43 <justmoon> you lost me at free time :/
437 2011-03-14 07:53:06 <justmoon> the wiki has a few developers/designers under freelancers
438 2011-03-14 07:54:30 <Spenvo> i know who can help you da2ce7
439 2011-03-14 07:55:08 <da2ce7> cool
440 2011-03-14 07:55:15 <justmoon> Spenvo: he's definitely more designer than coder though :)
441 2011-03-14 07:55:23 <justmoon> but he's definitely good
442 2011-03-14 07:55:26 <AAA_awright> da2ce7: Is this an idea you want to hire for or vice versa?
443 2011-03-14 07:55:40 <Spenvo> he posted to the classifieds on my site.  his email is mitchy@gmail.com, check out his classifieds at bitcoinbulletin.com
444 2011-03-14 07:55:49 <da2ce7> I want to hire a good designer/coder.
445 2011-03-14 07:56:04 <Spenvo> he said he's just excited about joining the community etc, and would work for btc
446 2011-03-14 07:56:48 <da2ce7> It needs to intergrate with a bitcoin payment system, such as you-tip-it.
447 2011-03-14 07:57:43 <Spenvo> the bitcoin client isn't to hard to interface with, it runs at the command line
448 2011-03-14 08:02:45 <osearth_> what language, any existing framework?
449 2011-03-14 08:04:53 <da2ce7> I have no new project, clean code base... Must be MVC
450 2011-03-14 08:05:06 <da2ce7> but I try my best to keep my hand out of the coding side.
451 2011-03-14 08:05:29 <lfm> you dont like coding?
452 2011-03-14 08:05:30 <da2ce7> However I expect the coder to rationalise their design choices.
453 2011-03-14 08:05:56 <da2ce7> lfm, not particualy. It is more that I am time poor and idea rich.
454 2011-03-14 08:07:18 <da2ce7> I already have anntoher project (to be announced) underway from one of the better coders in the bitcoin community,  this one is more per
455 2011-03-14 08:07:26 <da2ce7> this project is more personal.
456 2011-03-14 08:07:46 <osearth_> do you have anything spec'd out
457 2011-03-14 08:08:41 <da2ce7> Not formaly, yet.  I want to decuss it with a coder first to gain a prospective on the ammount of work required.
458 2011-03-14 08:12:35 <osearth_> there's some great people around but much of the btc webtech is, young..
459 2011-03-14 08:13:43 <Spenvo> da2ce7, seriously send mitchy@gmail.com an email.  i know he'll respond.  he's anxious to get in on some ideas.  Here's what he wrote:
460 2011-03-14 08:13:56 <Spenvo> Custom PHP+MySQL development for Bitcoins! I have over 13 years experience and work full time freelancing out my tech skills. I may even volunteer system resources, time or currency if you have a good idea and need help! I am not a graphics guy. I'm a sysadmin focusing on web technologies SQL, and TCP/IP standards.
461 2011-03-14 08:14:15 <Spenvo> sounds like what you need
462 2011-03-14 08:14:48 <da2ce7> yeah
463 2011-03-14 08:14:54 <osearth_> bah nerds! ;]
464 2011-03-14 08:15:10 <Spenvo> lol. os, stfu!!!
465 2011-03-14 08:15:30 <da2ce7> I'll have a good look at both.
466 2011-03-14 08:15:34 <Spenvo> hey, i gotta go, i'll be afk for a while. but definitely send a short email to this dude
467 2011-03-14 08:15:45 <Spenvo> he's got the itch
468 2011-03-14 08:16:23 <justmoon> hey TD!
469 2011-03-14 08:25:54 <eps1> ;;bc;calc
470 2011-03-14 08:25:54 <gribble> Error: "bc;calc" is not a valid command.
471 2011-03-14 08:26:00 <eps1> ;;bc calc
472 2011-03-14 08:26:00 <gribble> Error: "bc" is not a valid command.
473 2011-03-14 08:26:05 <eps1> hmmm
474 2011-03-14 08:26:22 <eps1> ;;bc,stats
475 2011-03-14 08:26:24 <gribble> Current Blocks: 113485 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1426 blocks | Next Difficulty In About: 1 week, 4 days, 12 hours, 5 minutes, and 22 seconds | Next Difficulty Estimate: 65726.55536001
476 2011-03-14 08:38:43 <RBecker> eps1, it's ;;bc,calc
477 2011-03-14 08:44:25 <eps1> thanks
478 2011-03-14 08:44:34 <eps1> i was actually after stats anyway ;)
479 2011-03-14 08:53:30 <gribble> 76193.9710474
480 2011-03-14 08:53:30 <RBecker> ;;bc,diff
481 2011-03-14 10:06:48 <mizerydearia> http://media.witcoin.com/p/437/bitcoin-mentioned-on-the-Max-Keiser-show
482 2011-03-14 10:10:39 <osearth_> tx
483 2011-03-14 10:19:55 <sipa> ;;bc,stats
484 2011-03-14 10:20:21 <gribble> Current Blocks: 113495 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1416 blocks | Next Difficulty In About: 1 week, 4 days, 9 hours, 45 minutes, and 36 seconds | Next Difficulty Estimate: 65811.15459462
485 2011-03-14 10:39:34 <noagendamarket> hmm going down again...
486 2011-03-14 10:56:20 <Blitzboom> ;;calcd 60000 225000
487 2011-03-14 10:56:21 <gribble> Error: "calcd" is not a valid command.
488 2011-03-14 10:56:30 <Blitzboom> ;;bc,calcd 60000 225000
489 2011-03-14 10:56:30 <gribble> The average time to generate a block at 60000 Khps, given the supplied difficulty of 225000, is 26 weeks, 4 days, 9 hours, 55 minutes, and 27 seconds
490 2011-03-14 10:56:52 <Blitzboom> ;;bc,calcd 225000 60000
491 2011-03-14 10:56:54 <gribble> The average time to generate a block at 225000 Khps, given the supplied difficulty of 60000, is 1 week, 6 days, 6 hours, 8 minutes, and 44 seconds
492 2011-03-14 10:57:11 <Blitzboom> ;;bc,calcd 325000 60000
493 2011-03-14 10:57:12 <gribble> The average time to generate a block at 325000 Khps, given the supplied difficulty of 60000, is 1 week, 2 days, 4 hours, 15 minutes, and 17 seconds
494 2011-03-14 10:57:16 <Blitzboom> hmm
495 2011-03-14 11:02:09 <sipa> http://bitcoin.sipa.be/speed-large-lin-10k.png
496 2011-03-14 11:03:22 <Blitzboom> hmm
497 2011-03-14 11:03:42 <[Tycho]> hmm
498 2011-03-14 11:04:13 <[Tycho]> Something is strange on those graphs.
499 2011-03-14 11:06:24 <Blitzboom> why?
500 2011-03-14 11:08:43 <[Tycho]> There was a graph of network speed's acceleration, and no negative values on it.
501 2011-03-14 11:09:17 <sipa> yes, http://bitcoin.sipa.be/growth.png
502 2011-03-14 11:09:47 <sipa> but the growth is also measured over longer periods of time, and in those, even if the estimate decreases locally, over the whole they increase
503 2011-03-14 11:13:59 <[Tycho]> It's already almost a week of deceleration... Well, may be.
504 2011-03-14 11:14:32 <sipa> yes, it will soon go negative i think
505 2011-03-14 11:15:55 <sipa> this one already did: http://bitcoin.sipa.be/growth-10k.png
506 2011-03-14 11:18:17 <slush> any theory why everybody stopped with pulling cards into network? :)
507 2011-03-14 11:19:27 <sipa> mtgox drop + large difficulty increase?
508 2011-03-14 11:19:55 <Blitzboom> wasnt that due to the mistery miner?
509 2011-03-14 11:20:08 <sipa> yes
510 2011-03-14 11:20:15 <Blitzboom> the most part
511 2011-03-14 11:20:19 <slush> well, it is not so much under Decembers calculations, when I started mining.
512 2011-03-14 11:20:32 <slush> not exactly the same, but not so much different
513 2011-03-14 11:20:40 <Blitzboom> im looking forward to a difficulty decrease
514 2011-03-14 11:20:55 <slush> I calculated daily income as 200CZK / 5970, now it is around 130 CZK per card
515 2011-03-14 11:21:25 <sipa> difficulty will drop next time
516 2011-03-14 11:21:48 <Blitzboom> maybe mm jumps back on, sipa. you never know
517 2011-03-14 11:21:59 <Blitzboom> or we get slashdotted again
518 2011-03-14 11:22:00 <sipa> who knows
519 2011-03-14 11:43:49 <TD> slush: seriously?
520 2011-03-14 11:44:02 <TD> slush: you can pay back the costs of the hardware in less than a day?
521 2011-03-14 11:44:10 <slush> ?
522 2011-03-14 11:44:37 <TD> oh sorry
523 2011-03-14 11:44:38 <slush> 17 CZK ~  1 USD
524 2011-03-14 11:44:40 <TD> i misread what you wrote
525 2011-03-14 11:44:48 <TD> well, mis-parsed
526 2011-03-14 11:44:52 <slush> :)
527 2011-03-14 11:57:45 <Necr0s> ;;bc,blocks
528 2011-03-14 11:57:47 <gribble> 113501
529 2011-03-14 13:01:06 <da2ce7> Goodnight people! Have fun!
530 2011-03-14 15:16:19 <luke-jr> ;;bc,calc 560000
531 2011-03-14 15:17:05 <slush> [Tycho]: Damn, you steal me block 113420
532 2011-03-14 15:17:15 <luke-jr> [Tycho]++
533 2011-03-14 15:17:47 <slush> 15 seconds later
534 2011-03-14 15:17:56 <midnightmagic> ;;bc,stats
535 2011-03-14 15:30:08 <Blitzboom> slush: have you changed something on the pool?
536 2011-03-14 15:30:16 <Blitzboom> im getting much less stale blocks now
537 2011-03-14 15:31:00 <Blitzboom> my hashrate also increased
538 2011-03-14 15:31:12 <slush> I'm tuning it almost every day, so maybe I finally tuned something useful ;)
539 2011-03-14 15:31:33 <Blitzboom> haha, ok
540 2011-03-14 15:31:36 <slush> but no, I don't think I improved something related with hashrate
541 2011-03-14 15:31:38 <slush> :)
542 2011-03-14 15:31:47 <slush> which is your ping to pool?
543 2011-03-14 15:32:08 <Blitzboom> how do i find out?
544 2011-03-14 15:32:19 <Blitzboom> ping@cmd?
545 2011-03-14 15:32:22 <slush> "ping mining.bitcoin.cz" in terminal?
546 2011-03-14 15:32:40 <Blitzboom> 36 ms
547 2011-03-14 15:32:59 <slush> and "time wget 'http://mining.bitcoin.cz'"
548 2011-03-14 15:33:24 <slush> (not exact too much, as you also have to create new connection)
549 2011-03-14 15:34:54 <Blitzboom> anyway, stale blocks are at 0.8% now here
550 2011-03-14 15:35:41 <slush> When did you measure that previously?
551 2011-03-14 15:35:45 <slush> I mean - more than week ago?
552 2011-03-14 15:35:56 <Blitzboom> nah, yesterday
553 2011-03-14 15:36:00 <slush> and it was?
554 2011-03-14 15:36:15 <Blitzboom> 1.7% or something
555 2011-03-14 15:36:35 <slush> 1.7% is in normal
556 2011-03-14 15:36:55 <slush> so maybe you're just lucky :)
557 2011-03-14 15:37:36 <Blitzboom> might be  i only have about 1k shares in the statistic now
558 2011-03-14 15:37:54 <slush> well, it's not too much
559 2011-03-14 15:38:09 <slush> tell me after 100k :)
560 2011-03-14 15:38:26 <Blitzboom> alright ;)
561 2011-03-14 16:00:57 <BlueMatt> I get no stale blocks
562 2011-03-14 16:01:05 <BlueMatt> like literally one a week or so
563 2011-03-14 16:01:41 <BlueMatt> ;;ping
564 2011-03-14 16:01:41 <gribble> pong
565 2011-03-14 16:02:47 <Blitzboom_> which pool, BlueMatt?
566 2011-03-14 16:03:24 <BlueMatt> slush's one
567 2011-03-14 16:04:22 <Blitzboom> i also noticed much fewer stale blocks
568 2011-03-14 16:04:31 <Blitzboom> not none though
569 2011-03-14 16:04:48 <BlueMatt> I havent seen a stale block in more than a week
570 2011-03-14 16:05:11 <Blitzboom> wow
571 2011-03-14 16:05:20 <Blitzboom> what hardware?
572 2011-03-14 16:05:35 <Blitzboom> eh, how many mhash/s
573 2011-03-14 16:05:38 <BlueMatt> gtx 260, not very fast but ~47000 khash
574 2011-03-14 16:06:46 <Blitzboom> guess slush mustve changed something
575 2011-03-14 16:07:03 <Blitzboom> pools are really a good alternative now
576 2011-03-14 16:07:52 <Blitzboom> i dont really care if i lose 2 or 3% in the long run
577 2011-03-14 16:29:14 <Aciid> what did the SP mean in "mining hardware comparison"
578 2011-03-14 16:29:29 <ArtForz> shader processors
579 2011-03-14 16:30:15 <Aciid> ah thank you
580 2011-03-14 16:30:25 <ArtForz> a bit of a misnomer, it's really shader ALUs
581 2011-03-14 16:30:52 <ArtForz> but there doesnt seem to be a standard term
582 2011-03-14 16:31:03 <ArtForz> WPO calls em shader cores, but thats even more confusing
583 2011-03-14 16:31:06 <ArtForz> *WP
584 2011-03-14 16:35:48 <midnightmagic> not stream processors?
585 2011-03-14 16:36:07 <luke-jr> midnightmagic: stream is an ATI-specific term
586 2011-03-14 16:36:51 <midnightmagic> 3200 Stream Processing Units is the term still up on AMD's website for the 5970.
587 2011-03-14 16:37:44 <midnightmagic> 3072 Stream Processors for the 6990.
588 2011-03-14 16:38:08 <midnightmagic> but then i guess the asker was talking nvidia, so..
589 2011-03-14 16:39:12 <midnightmagic> ;;bc,stats
590 2011-03-14 16:39:14 <gribble> Current Blocks: 113533 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1378 blocks | Next Difficulty In About: 1 week, 4 days, 0 hours, 29 minutes, and 58 seconds | Next Difficulty Estimate: 66302.88157833
591 2011-03-14 16:50:31 <blarzong> all hail bitcoin it is awesome
592 2011-03-14 16:52:02 <jercos> Good for you?
593 2011-03-14 17:35:12 <genjix> ;;seen MagicalTux
594 2011-03-14 17:35:12 <gribble> MagicalTux was last seen in #bitcoin-dev 1 day, 8 hours, and 53 seconds ago: <MagicalTux> da2ce7: I live within Tokyo23, going home from work takes ~45 minutes by walking normally
595 2011-03-14 18:13:42 <JFK911> ;;bc,stats
596 2011-03-14 18:13:53 <gribble> Current Blocks: 113540 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1371 blocks | Next Difficulty In About: 1 week, 3 days, 23 hours, 32 minutes, and 12 seconds | Next Difficulty Estimate: 66200.68375541
597 2011-03-14 18:18:37 <dazoe> ;;bc,stats
598 2011-03-14 18:18:49 <gribble> Current Blocks: 113540 | Current Difficulty: 76193.9710474 | Next Difficulty At Block: 114911 | Next Difficulty In: 1371 blocks | Next Difficulty In About: 1 week, 3 days, 23 hours, 32 minutes, and 12 seconds | Next Difficulty Estimate: 66200.68375541
599 2011-03-14 18:46:00 <defaced> i wish there was an auction site that i could use to sell items. -sigh-
600 2011-03-14 18:46:21 <nanotube> defaced: biddingpond.com ebay.com
601 2011-03-14 18:46:30 <ArtForz> ^..
602 2011-03-14 18:46:35 <defaced> lul for bitcoins =P
603 2011-03-14 18:46:41 <ArtForz> http://biddingpond.com/
604 2011-03-14 18:46:44 <defaced> orl
605 2011-03-14 18:46:47 <nanotube> defaced: first one is bitcoin only.
606 2011-03-14 18:46:55 <defaced> ty man!
607 2011-03-14 18:47:14 <AmpEater> L ol
608 2011-03-14 18:48:13 <nanotube> and nothing stops you from saying 'i accept payment in bitcoin' on your ebay auctions, either.
609 2011-03-14 18:48:45 <EvanR-work> bitcoins are confiscated at the door to ebay
610 2011-03-14 18:48:54 <defaced> evan lol
611 2011-03-14 18:49:12 <defaced> i just bought an oz of silver =]
612 2011-03-14 18:49:13 <EvanR-work> and the bouncer says 'hey buddy why dont you go over there and try a paypal;
613 2011-03-14 18:49:21 <MagicalTux> genjix: ?
614 2011-03-14 18:49:28 <defaced> no
615 2011-03-14 18:49:45 <luke-jr> does biddingpond charge fees?
616 2011-03-14 18:50:02 <defaced> from a local dealer, but im wanting to start a precious metals for bitcoin service
617 2011-03-14 18:50:18 <EvanR-work> via mail?
618 2011-03-14 18:50:27 <defaced> sure
619 2011-03-14 18:50:27 <EvanR-work> or like pgaux
620 2011-03-14 18:50:37 <defaced> mail if the user doesnt mind
621 2011-03-14 18:50:47 <luke-jr> defaced: how much for silver?
622 2011-03-14 18:51:06 <EvanR-work> of course the btc price is determine by mtgox * spot price ;)
623 2011-03-14 18:51:10 <EvanR-work> in USD
624 2011-03-14 18:51:13 <nanotube> EvanR-work: haha well, you probably would get a bigger audience if you do accept paypal, rather than bitcoin-only...
625 2011-03-14 18:52:05 <EvanR-work> nanotube: are you allowed to not accept paypal?
626 2011-03-14 18:52:06 <defaced> i just paid $40 for the oz, that was 35 for going price of silver 2$ for the guy i bought it from and 3$ for tax
627 2011-03-14 18:52:31 <EvanR-work> $3 sales tax? or tax on precious metals?
628 2011-03-14 18:52:50 <defaced> i believe it was sales tax but should of been precious metal tax
629 2011-03-14 18:52:51 <luke-jr> defaced: so can I buy it for 40 BTC shipped?
630 2011-03-14 18:52:54 <defaced> could*
631 2011-03-14 18:53:10 <EvanR-work> oz in what form, a coin?
632 2011-03-14 18:53:22 <defaced> a "round" its .999
633 2011-03-14 18:53:30 <defaced> i can get bars too
634 2011-03-14 18:53:37 <defaced> if u prefer bar
635 2011-03-14 18:54:03 <defaced> i can proxy purchase online for 1/2 oz's also.
636 2011-03-14 18:54:03 <EvanR-work> seems like silver is at an all time high price
637 2011-03-14 18:54:21 <defaced> well silver is still really low compared to its historical ratio
638 2011-03-14 18:54:29 <EvanR-work> wut >_>
639 2011-03-14 18:54:34 <defaced> its usually 1/16th the price of gold
640 2011-03-14 18:54:35 <EvanR-work> oh ratio
641 2011-03-14 18:54:40 <EvanR-work> screw that
642 2011-03-14 18:54:54 <luke-jr> defaced: so can I buy it for 40 BTC shipped?
643 2011-03-14 18:55:09 <defaced> luke-jr id have to check shipping charges and if u want insurance or not
644 2011-03-14 18:55:35 <defaced> silver, id want insurance, imjustsayin
645 2011-03-14 18:56:03 <EvanR-work> id buy insurance as long as i can have my insurance payments back when nothing happens
646 2011-03-14 18:56:32 <defaced> lol thats the postal office responsibility lol. i wish it worked that way
647 2011-03-14 18:56:50 <genjix> MagicalTux: hey
648 2011-03-14 18:57:00 <MagicalTux> hi
649 2011-03-14 18:57:13 <genjix> http://www.bitcoin.org/smf/index.php?topic=4086.40
650 2011-03-14 18:57:26 <genjix> me and gavin are wondering if you know about this?
651 2011-03-14 18:57:28 <defaced> right now this is just an idea that im going to think over. because i need the answers to these questions before i can make a deff answer. i hate being unfair.
652 2011-03-14 18:57:32 <genjix> are PHP floats always double?
653 2011-03-14 18:57:42 <EvanR-work> yes