log☇︎
101900+ entries in 2.572s
mjr_: i really don't care
mjr_: and you obviously aren't smart enough to be a part of the convo
mjr_: glad i don't have to share it with you
mjr_: you haven't answered how empiracally this would be any different when trying to sell a car
mjr_: i really really don't care
mjr_: i don't care
mjr_: you said they CAN'T and DON'T
Vexual: youre broke, you can't afford to make a graph
mjr_: so i don't see why
mjr_: i don't
mjr_: it isn't
MisterE: mjr_: you don't think the current syetm is sustainable do you?
mjr_: i seriously don't see why you are talking about this, so maybe i missed your main point?
mjr_: i don't even understand your point
mjr_: no they don't
mjr_: i don't care
mjr_: you said dollars couldn't exist without debt
mjr_: the treasury doesn't just give the money to the fed
MisterE: cerelenius: either way it won't bother me
mjr_: but they don't create it
mjr_: i don't care what they write on paper
mjr_: you don't redeem them
mjr_: they don't issue them
mjr_: no it doesn't
mjr_: since you don't seemm to understand
mjr_: not if you don't owe anything
mjr_: yes i know all this, and it doesn't change the fundamental everyday reality
mjr_: whatever we have done in the last 40 years doesn't fundamentally change the meaning of the word money
mjr_: then it isn't backed by the house...
mjr_: no...you really don't understand...
mjr_: it doesn't work that way
mjr_: oh, so it represents a debt that won't be paid to me
greenspan_fan: let's pretend we're talking about something that doesn't involve contracts
mjr_: it isn't
greenspan_fan: your line of reasoning is based off of axioms that other people don't agree with
greenspan_fan: then don't invest in bitcoin. You'll get better returns with your trailer park meth lab.
greenspan_fan: cerelenius usury is what deadbeats call it when they can't meet the interest payments (because they're deadbeats), let alone the principal
davout: mircea_popescu: wrong, the smart jews don't have anything left in gox since 2011
mircea_popescu: jurov what i don't understand is... why are all those black guys dressed like if they were white ?
davout: into anything anyway, don't even know who the fuck you are
davout: lol, don't see me as french, i'm half dutch, half nigerian
mircea_popescu: it wouldn't make sense no matter how large the market is, because you arguably can still control it.
davout: wouldn't it make sense if the market was larger?
davout: i didn't even think about using x.eur's
davout: mebbe other that i forget/don't know about
ninjashogun: guys I've received some suggestions to "lurk" and "read logs" here, which I wouldn't really have time to do. It was nice meeting you all though and I may be back as the project progresses. Overall I don't think I will be spending a ton of time building WoT, advisors, etc - as I have real-world references for the moment that I would expect anyone to consutl.
Bugpowder: argh can't transfer bitcoin on work network, even when VPN'ed to elsewhere
ninjashogun: mircea_popescu, when you said above that this channel was worth "over $1b" I didn't takei t seriously as if it has like 500 regulars then just a couple of people worth $50M - or a single Internet billionaire who drops in sometimes - would account for that
mircea_popescu: don't worry, nobody does.
lnovy: ok, I don't get it :)
mircea_popescu: and then if they don't listen sometimes they live long enough to apologize.
mircea_popescu: i didn't write it at all, and tech details haven't really been released.
joecool: mircea_popescu: again i don't use them either, the lack of support though isn't from waryness, it's from the number of old gnupg clients in the wild
antephialtic: wait it does? I'm running osx with gpg from homebrew and it doesn't have ecdsa as an option
antephialtic: speaking of which, its a bit ridiculous that GPG still doesn't support ECDSA keys
davout: oh nice, i didn't the dip
mircea_popescu: greenspan_fan i take it your wife doesn't ask, just takes ? :D
ninjashogun: greenspan_fan, I haven't asked you for money :)
Bugpowder: mircea_popescu: Nope, it sounds like a good idea, but I don't think it will really work. the reason the pregnancy ones work is the hormone level goes up >1000x. MMPs are not that unregulated, maybe 2-3x by volume? Need to read the paper but I imagine the ROC curve is pretty ugly.
greenspan_fan: personally, I think it would be cool to invest in a start up, but I'm kinda averse to giving cash to pseudonyms in irc who aren't incorporated, have no references, no demos
ninjashogun: the other thing is we don't REALLY have any capitalization requirements.
ninjashogun: So what I was tihnking is that this isn't a real 'forum' (in that most IRC channels are basically just trolls etc) and that I would just escalate to another form of contact (skype etc) and be in touch while it gets rolled out
greenspan_fan: it isn't meant to be discouraging, just that you have to do some ground work, have something to show off (like a demo, or some sort of model, at least), before anyone can make an informed investment decision
mircea_popescu: and get a positive result, you haven't in fact consulted any advisors.
mircea_popescu: i get that this doesn't help you any in the sense of getting you to do what you want to do
mircea_popescu: greenspan_fan you don't say.
greenspan_fan: it doesn't have to be a solution, just an approximation
mircea_popescu: ninjashogun they're also inclined to play, something vc's aren't normally. ATC got started because people were bored and so far cost about 50k or thereabouts.
ninjashogun: mircea_popescu, it doesn't matter if they're worth $10M altogether or $10B. As long as at least one person here has a portfolio and is interested in startups
ninjashogun: mircea_popescu, ok... that doesn't really help me though :) I'm not here raising Series A.
ninjashogun: antephialtic - No, I don't want to specify it here. It's not about solving an unsolved problem, but rather applying existing theory in a novel way.
copumpkin: and the good people aren't looking
ninjashogun: Yes, but we have an innovation they don't.
nubbins`: some people don't want the best and brightest, they just want people who can do an okay job
antephialtic: isn't that just the stable marriage problem?
mircea_popescu: (some people don't want to do a specific job, but whatever, some people don't want something specific done, but whatever IS done) ?
greenspan_fan: you don't need business, just data. Cash out and pass the buck to facebook or whomever
nubbins`: D: why didn't anyone tell me
ninjashogun: greenspan_fan, I don't think so. I am sure every job site would be open to us sending people to their ads :)
nubbins`: you just won't be able to make a physical model of it anymore
mircea_popescu: copumpkin i thought it didn't have to be square.
mircea_popescu: greenspan_fan yes, but that doesn't mean any part of qm is inaccessible to matrix.
ninjashogun: No, keyword search doesn't use graph theory. It uses set theory. (In the form of database design)
OneFixt: Bugpowder: i have enough, Bugpowder, don't worry
Bugpowder: Couldn't see the shut down coming
copumpkin: mircea_popescu: didn't think so!
mircea_popescu: fract4l isn't that how things normally work out ?
mircea_popescu: rather than try and corner the entire market. cornered markets don't grow.
copumpkin: but I can't bring myself to
mircea_popescu: provided he didn't lose the laptop
Bones_: If everyone was in here, then we wouldn't make as much money?
mircea_popescu: you know how the twinkleloss brothers don't feel like they need to be here ?
mircea_popescu: you know how ycombinator isn't hiring BingoBoingo to tell them what's what ?
greenspan_fan: isn't that like the clown from those stephen king novels?
mircea_popescu: wasn't i explaining before how goxshit isn't worth money ?
mircea_popescu: https://pbs.twimg.com/profile_images/2165830363/Peter-Portrait.jpg << seriously, look at this guy. doesn't he look like the 110 iq barrier is a bridge too far ?
Bugpowder: haven't tracked it yet
greenspan_fan: don't think mark's going to be responding to anybody
greenspan_fan: are there any bitcoin death pools? because I don't think karpeles will have been priced properly yet
greenspan_fan: don't worry, I'm sure gox.com is going to be a huge hit