log☇︎
107400+ entries in 2.207s
jurov: can't find any supporting maths, looks like fully empirical
mircea_popescu: i mean to be clear, im not proposing linear timeweight is the absolutely correct solution. it's obviously wrong, life isn't linear.
jurov: can't black-scholes be applied?
mircea_popescu: i can't even follow the guy's idea
mircea_popescu: so then what dio you do, have all these bets you can't bet on ?
ThickAsThieves: last i checked, taking candy from babies wasn't good for the rep
mircea_popescu: the20year2 and then you list the crap and get called a scam and don't understand why.
the20year2: If you were the issuer , why not? Investors typically don't read the T &C , and if they do, few understand it
Duffer1: i can't imagine that will ever rio
mircea_popescu: jurov well you don't HAVE to settle, you can just sell it back later
FabianB_: didn't know any of them had anything directly to do with bitcoin
mike_c: tell him your code is C++, and therefore can't be a scam.
asciilifeform: 'can't build our shiny new world with yer kind around'
pankkake: well then it shouldn't crash at all
mike_c: coinbase is 1% too, although they aren't really an exchange.
jurov: TAT you made out on idiffs like a pig, don't cry now :D
lyspooner: he would sell 1mn contracts, and in the case that bitcoins were worth less than 1 eur and he didn't hedge himself, he would owe 1mn EUR. he would run off and people would get near worthless bitcoins
lyspooner: you couldn't allow a second market-maker
mircea_popescu: no there isn't. you've been looking at eurodollars too long.
mircea_popescu: how can't he not give you 1000 euros ?
lyspooner: so if i buy 1000 contracts at .0015 and the future expires at 10,000,000 eur on the final settlement day, and the short can't give me 10 billion euros, what do i get?
mircea_popescu: this obviously being a mm feature, don't expect it to happen for 7.8 eur or some bs
nubbins`: can't even keep it straight
BingoBoingo: I don't know that Castling through check is legal...
asciilifeform: that was simply an answer to the question 'if it catches on, won't someone slip appropriate silicon under it.'
asciilifeform: decreeing that buildings shall have water pipes but no drains would make the lives of construction crews easier, but for some odd reason isn't a popular idea.
asciilifeform: benkay: if 'nothing ever actually gets deleted' isn't shitty, i don't know what it.
benkay: asciilifeform: doesn't shitty code that gets hardware deployed against its performance problems carry more responsibility for that?
benkay: asciilifeform: doesn't immutability also help averagely-talented software teams operate in highly threaded environments?
asciilifeform: the proof doesn't tell you anything about your priors being valid
asciilifeform: but 'you can't transition from the informal to the formal by formal means'
benkay: granted i don't know anything about anything, and there's the whole keyboard and display thing to deal with
benkay: BingoBoingo: i don't know that i buy asciilifeform's ball-o-mud argument on urbit yet. given enough traction wouldn't it make sense to rewrite the important bits for fpgas or what have we?
the20year1: It'd be pretty cool to spawn off an altcoin backed by real estate through our bitcoin realestate business, but i don't know of any viable way to do it
mircea_popescu: i don't trust auto-anything.
diametric: mircea_popescu: yeah i don't know if you realized, but you left directory indexes on
nubbins`: i think the first thing i sold was a btc logo t-shirt
mircea_popescu: you know exopy is much cuter than epoxy. i wonder why they didn't call it exopy.
mircea_popescu: i don't really see a better way tbh.
mircea_popescu: or is it one of those, "we can't stand censorship that's not directed at the enemy"
mircea_popescu: "I haven't traded with this guy, but I've heard from people I trust that he has used legal intimidation to force censorship of people's ratings of him. "
mircea_popescu: the counter to this is that if you don't do this, anyone can end up -infinity by the effect of endless socks
mircea_popescu: so the argument that wot is broken says that you can't rate unless you're above 0 and idiots can get you below 0 ?
asciilifeform: since this is important, i'll repeat it: you can have a cryptowidget that nukes itself when disassembled, circuits potted in unobtainium, etc. or you can have one whose function you can personally verify. can't have both. 'fried ice.'
dub: rules say if your trust web with nanotube is <0 you can't use the system
dub: 't get over one person (gmaxwell) being a fuckwit
asciilifeform: so the latter isn't in the mix
mircea_popescu: this isn't a price, it's a barrier.
pankkake: I believe they don't have the best interests of shareholders anymore
Duffer1: even if they aren't a scam just look at the track record of their offerings
pankkake: the "can't afford to lose" is certainly tired, and highly incomplete. you have to judge what is the risk and the potential reward
sundun_: don't invest anything you're unable to lose
sundun_: i didn't think it would be a big deal to invest in neo&bee
sundun_: you're saying that i shouldn't invest cuz i'm not completely knowledgable
pankkake: if you don't really know or understand what the thing is about, if ANYTHING is unclear, don't invest
mircea_popescu: <Duffer1> btc is almost certainly a better investment then X << ESPECIALLY if you don't really read/know what X does.
sundun_: and that's why you don't advise it?
mircea_popescu: Duffer1 has a point, and so does jurov. don't rush it.
jurov: so you aren't thinking about that anymore
mircea_popescu: jurov i don't imagine they'd look too kindly on you fronting for ppl on your own acct anyway
mircea_popescu: well inasmuch as they don't really work for that which they are for, arguably it doesn't matter.
asciilifeform: (or gigantic tx. doesn't matter, since the coin is going in a closed loop.)
mircea_popescu: asciilifeform incidentally, do you know the story of the kid who wouldn't pass physics exam ?
mircea_popescu: doesn't seem likely.
mircea_popescu: i don't rly read the forum
mircea_popescu: if the box ain't functioning, there's no guarantee you end up with a web. even a not working one.
asciilifeform: people who can't (or won't) do arithmetic and turn into the Financially Sad are nothing new
kakobrekla: > •8% of students didn't give a damn and left the answers blank.
pankkake: "most people can't learn to program" is really true. but it goes against the egalitarian ideology "you can do anything"
mircea_popescu: i wasn't kidding when i said they're turning into niggers.
asciilifeform: short version: factory-OEM human brain doesn't deal in abstraction.
asciilifeform: (http://www.codinghorror.com/blog/2006/07/separating-programming-sheep-from-non-programming-goats.html for anyone who doesn't remember.)
mircea_popescu: it won't ever happen.
sbp: 2013, the media still hasn't caught up with programming, let alone bitcoin
pankkake: so noobs are ignorants that didn't lurk moar
mircea_popescu: there's nothing new in this world except for the history you don't know.
mircea_popescu: isn;'t that the definition ?
pankkake: of course, because they haven't been actively misinformed yet :)
mircea_popescu: shouldn't he be back to writing homework by now ?
pigeons: yeah mermaids aren't weird
mircea_popescu: well see, the idea is that people to whom it looks weird don't get to buy.
mircea_popescu: upon rereading, KRS|Gotyawallet you realise "lmao fucktard" didn't mean you but the quoted kid.
Duffer1: and they don't even know you're actually trying to help them by paying her to do it
mircea_popescu: except he wouldn't take it.
mircea_popescu: after all, he ain't socially marginal for nothing, he's socially marginal because he has mental habits that don't promote success.
Duffer1: most of their offers haven't even started paying divs
b0n1: that means i have a measurement point at t and the next is at t+x and the other next is at t+y with x=!y
Duffer1: assbot doesn't give very good text though :(
BingoBoingo: "Disorderly" is merely legal speak for "We don't much like you"
mircea_popescu: as it is shares don't really care.
copumpkin: I don't either :)
bloctoc: copumpkin don't these people know that bbet has a bunch of bets expiring year end?
asciilifeform: it doesn't take long.
asciilifeform: if some clever fellow runs a scam, he will harvest so many idiots that that particular species of scam won't work again - at least not without major cosmetic remodelling.
mircea_popescu: this is why we don't care about such. noobs don't get to start businesses.
mircea_popescu: if they don't want to use them... why's that a problem.
mircea_popescu: KRS|Gotyawallet you can't "scam the scammer" because the scammer has enough fucking sense to respect the first rule of investing, which is, don't randomly sent btc.
mircea_popescu: noob makes random thread on btctalk five weeks ago. he's nobody and his thing doesn't exist.
pankkake: because those certainly don't want to understand they will lose
mircea_popescu: that's exactly what can't happen.