log☇︎
1026900+ entries in 0.804s
mircea_popescu: it's this massive pr0n industry board. anyway.
smickles: is that what btcgfy stands for?
BTC-Mining: It's actually the best, makes the group stronger.
mircea_popescu: anyone want to name this new thing ?
BTC-Mining: If you're just restriticting to a small group everyone agreed to join, communism works great.
mircea_popescu: i make the decisions and share the resources.
BTC-Mining: enforcing it requires to centralize and give everything to the hands of the governments. In theory, it's good, in practice, I doubt it's going to be practical anytime soon seeing the human nature.
BTC-Mining: communism doesn't work... I actually haven't seen any system based on common decisions and resource sharing work... Too complicate to manage. Profit drive is an excellent managing tool which doesn't require to have everything managed by the authority... It's hard to get communism to work in a large population solely based on the willingness of each participant to actually share and
mircea_popescu: mk, what the hell, lemme do this thing.
Doffx: gotta make sure we hit that 5 bil mark
Doffx: After that ill call India
smickles: i like the idea of l2/l3 trust of the mods, and a liberal ban policy
Doffx: Im calling china and letting them know now is the time to get in on mpex
gribble: Trust relationship from user mircea_popescu to user BTCHero: Level 1: 1, Level 2: 22 via 13 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=mircea_popescu&dest=BTCHero
mircea_popescu: you can't have an infinitely large community, the two are contradictory
mircea_popescu: entire ideea is for to have a community
mircea_popescu: there aren't going to be five billion users are there.
smickles: you want to begin this with a max user count in mind?
mircea_popescu: how many users would you think there are, 500 ?
smickles: mircea_popescu: at some scale, the manual approval would be rough to impliment, no?
mircea_popescu: smickles you believe evertything costalinkin tells you ?
smickles: copumpkin: lol, is that even a chanel?
mircea_popescu: so like this you'd think it's ok from what you can see ?
nanotube: just make sure you mention that it's not cumulative rating. so people don't think "oh it must be a cumulative rating cutoff, let's shill"
mircea_popescu: i mean let's face it, you can't abstract the human hand & eye from a matter of trust
mircea_popescu: nanotube how about this : manual approval of new users based on wot, undisclosed criteria.
nanotube: well, the core people would presumably not care to make a bunch of .5btc trades with a bunch of noobs to give them out ratings. :)
copumpkin: smickles: come to #bitcoin-comrades
nanotube: e.g., if someone makes a trade with me for a 1-rating, and then creates a bunch of shill identities who interrate each other with a bunch of high ratings... any of those identities would still have a maximum levelN trust from me of 1.
smickles: copumpkin: i'm so communist that i bleed red
mircea_popescu: nanotube yea but i mean.. is is pretty much structurally the same thing, we're stressing core people for little direcrt benefit ti them
copumpkin: communism is the one true ideology
copumpkin: has anyone seen the light about communism yet?
nanotube: mircea_popescu: well, they'd have to convince people at the core to actually give them high ratings.
mircea_popescu: wouldn't this just make a higher level of shilling ?
nanotube: (you could extend it to level3 also
nanotube: level2 trust > X from selected wot members
smickles: i'm not sure if either of those ways is ideal
mircea_popescu: so how would you best phrase it ? "connect to mirceapopescu" ?
nanotube: mircea_popescu: if it just used cumulative wot, yes, probably will cause a bunch of shilling. if it used web of trust paths from some already-trusted members, no.
smickles: mircea_popescu: maybe an invite/rating hybrid, new users can only get an account if they are rated by a current user
mircea_popescu: nanotube : if someone made a forum where posting rights were conditioned on a minimal wot rating, would you consider this detrimental to the wot integrity ?
mircea_popescu: well hard to tell.
smickles: is poluting the ratings really all that much of a risk?
smickles: interesting tying it to WOT ratings somehow
mircea_popescu: course... what if people start giving people wot ratings just to be on the forum ?
mod6: that will certainly cut down on board trolls
mircea_popescu: how's that!
mircea_popescu: i have an ideea actually : wot rating > 5 to post.
mircea_popescu: ormaybe the forum dweller idiots have run everyone off it...
mircea_popescu: maybe btc is just not mature enough to have a real forum ?
EmanuelDeOrtego: mircea: Could you open up a SMF forum for securities and speculation on polimedia? : ) It would be nice to have an escape from Bitcointalk
mircea_popescu: smickles or, for that matter, EskimoBob
smickles: nefario: would you like to comment on mircea_popescu's recent link
mircea_popescu: did the world restart ?
EmanuelDeOrtego: "Pirate: Guys, I want to pay you back but you need to stop paying so much for Bitcoins. You guys only have yourselves to blame, gosh."
smickles: how about that
gribble: Best bid: 11.0162, Best ask: 11.1245, Bid-ask spread: 0.10830, Last trade: 11.0111, 24 hour volume: 131811, 24 hour low: 10.52, 24 hour high: 12.14999
gribble: #9826 Sat Aug 25 13:45:41 2012 smickles BUY 244.0 mpexbtc @ 244 mpexbtc (I have a deposit in the works, but would like to make an order now, so I'm looking for someone to float me some mpexbtc)
mircea_popescu: you're like those people ranting about the superiority of honda civics to "shit cars" or w/e
smickles: glbse gives easier access to historical dividend information
smickles: oddly enough, i think that mpex has better charts (on the assumption that you know how the axees are defined)
smickles: on the other, glbse has more listings
jcpham: i'm way too kind then
jcpham: i'm in no position to judge others
smickles: personally, i prefer mpex to glbse right now, but i use both
jcpham: somebody has to operate an exchange
EskimoBob: still makes no sense why did he do the "IPO" in this dump called mpex
smickles: i have clients too
smickles: EskimoBob: I know he's not the only one buying on mpex
mircea_popescu: lol that worked out nicely then
EskimoBob: Are you sure you are not the only one who buys that stuff in mpex?
mircea_popescu: http://en.wikipedia.org/wiki/Rain_follows_the_plow this is the previous version of "global warming"
mircea_popescu: <jcpham> and my coount balance was all crazy interest << i wonder how often this is the case.
kakobrekla: hm i should clear the output there
EskimoBob: EmanuelDeOrtego: do you invent this bs as you go or is this some type of script you read and repeat when nothing else comes to mind?
assbot: NYAN [1@1BTC] paid: 0.05157803 BTC. Last price: 0.9999 BTC. Capital gain: -9.9999999999989E-5 BTC. Total: 0.05147803 BTC. (5.1%)
assbot: Requesting data from GLBSE (might take a while).
EmanuelDeOrtego: Pirate might be back on the market again.
assbot: NYAN.B [1@1BTC] paid: 0.06081227 BTC. Last price: 1 BTC. Capital gain: 0 BTC. Total: 0.06081227 BTC. (6.1%)
assbot: Requesting data from GLBSE (might take a while).
assbot: NYAN.A [1@1BTC] paid: 0.04 BTC. Last price: 1 BTC. Capital gain: 0 BTC. Total: 0.04 BTC. (4%)
assbot: Requesting data from GLBSE (might take a while).
assbot: NYAN.C [1@1BTC] paid: 0.10580463 BTC. Last price: 0.7 BTC. Capital gain: -0.3 BTC. Total: -0.19419537 BTC. (-19.4%)
assbot: Requesting data from GLBSE (might take a while).
EskimoBob: nefario1: what happened to GLBSE? It's getting slow again
jcpham: if that helps
jcpham: i can tell you that all my actual principal was withdrawn and used elsewhere
EmanuelDeOrtego: Matthew's bet is going to set the standard with this.
jcpham: few thousand or less
mircea_popescu: jcpham moving to the forums ?
jcpham: at some point i'm goin to not pay attention to irc anymore
mircea_popescu: i really like the international aspect of bitcoin. im atm talking to a chinese guy who spent 48 hours trying to get gpg going and a romanian guy who's trying to buy bitcoins but the bank fees are huge.
EmanuelDeOrtego: and that he has to give up for safety and that we only have ourselves to blame.
EmanuelDeOrtego: Talking about how more people threatened his family.
EmanuelDeOrtego: I imagine Pirate is going to start playing victim at some point.
jcpham: i believe i had the chance to recover some funds but i declined
mircea_popescu: well, here's to hoping your expector is in good working order
jcpham: this is where the pass-throughs fucked up tbh
jcpham: and i'm no obligated to anyone downstream