log☇︎
123100+ entries in 3.298s
midnightmagic: dub: I'm at a loss here to meaningfully discuss this with you. I don't know where to start. If you're serious, I'm fairly sure we are so alien that there is basically no common ground on which to meaningfully converse for this topic.
dub: we'll I don't but based on past discussions I think its rather unlikely
midnightmagic: ... I can't actually tell if you're serious.
midnightmagic: mircea_popescu: Eskimos don't like being called Eskimos. :)
midnightmagic: dub: I am not. ngzhang is extremely ethical, or else Icarus wouldn't exist.
midnightmagic: dub: Being Chinese doesn't really mean much.
mircea_popescu: but so far my belief is they just don't understand finance
midnightmagic: mircea_popescu: I would be very interested to hear from you if you discover that they aren't just clueless, but seemingly deliberately clueless.
mircea_popescu: midnightmagic well, i don't know the whole thing, but from this angle it looks more like they're clueless/haven't been thinking things through/haven't slept in weeks
Bowjob: I don't know the price yet
dub: theres only $633 worth of whiskey listed here, I don't think thats accurate
mircea_popescu: which is something you really don't want to do
Eduard_Munteanu: mircea_popescu: I see the problem. Still, wouldn't an exchange / market-maker be able to eliminate all those delays for things traded within the exchange? Not sure how one'd deal with double spending if you don't wait for confirmations.
mircea_popescu: Bitcoin pride averages a 70% profit. Don't you want a piece of the pie too?
Eduard_Munteanu: But isn't there a crypto way to accomplish the same thing, perhaps different than BTC? You still need exchanges.
jurov: and yes, the shares don't go outside exchange. this is why we have all these passthroughs
Eduard_Munteanu: But then I suppose you can't trade shares outside the exchange.
jurov: can't remember any concrete outcome
jurov: like, tx won't be accepted if you didn't some little hashing yourself
jurov: i wonder why i haven't seen the idea of applying hashcash to *every* transaction
mircea_popescu: seems i didn't miss much huh
dub: strangely that word (as much as it is worth) doesn't appear in the profile
dub: Is it racist of me to ignore SebastianJu purely because I can't parse his linglinglish
Zedster: mirc won't let me list my touring polka band
Eduard_Munteanu: Hm, I suppose I can't see a list of assets until I deposit some BTCs?
Bowjob: When I double click on the .exe, it doesn't start
runeks: I have a hard time believing BFL will deliver within the next two months. but on the other hand Avalon won't either, probably (for new customers). so it doesn't look too good.
runeks: If I had $20k to invest in Bitcoin it wouldn't go to any ASIC company
mircea_popescu: as long as i'm counting them i ain't getting under 90
mircea_popescu: women that don't get fucked often enough and raw enough get bored
swhitt: Ian doesn't sound very west virginian
mircea_popescu: wait. panties aren't allowed ?
runeks: mircea_popescu: I bet that wouldn't be allowed. I mean if they ban 69...
Bugpowder: won't go below .005
thestringpuller: mircea_popescu: "How you gonna choke a legend ? You don't think I want to choke people ? You can't just choke all your problems, it takes hard work. If I had my way, I'd never work. I could stay home all day watch Scarface 50 times, eat a turkey sandwich and have sex all fuckin day. Then I'd dress up like a clown and surprise kids at schools. Then I'd take a dump in the back of a movie theater and just wait til s
pizzaman1337: don't we all
pizzaman1337: just don't run out of bugs
mircea_popescu: jurov for my curiosity, the guy on reddit that "couldn't waiot" till another nonfee exchange opened
BitHub: just you know whatever you do, don't let those guys ruin bitcoin hey?
mjr_: ie. i don't have to worry abourt your funding, or settlement, i just worry about executing orders against the bitcoin exchanges
mjr_: and again, they just did a trade with their own money and it didn't really relate to their job at all
mjr_: the point is to be able to use the existing accounts so i don't hve to worry about their funding
mjr_: when i showed a trader what i was doing, he was like "why aren't you scalping this all day, like do it right now"
mjr_: my point is that everyone doesn't use nasdaq to trade aapl
mjr_: too long; didn't read: wall street professionals don't open up new accounts for all their trades, they use their existing high margin accounts
mjr_: traders don't do it at home
mjr_: and it isn't really their website
mjr_: i mean, their accounts with their money can't connect to my website
mjr_: professional traders can't get involved
BitHub: they don't need to, they just go to your site, type in a code or whatever and can see their balance
mjr_: but they can't press buttons to make bitcoins appear on their screens
BitHub: don't teach them
mjr_: they couldn't invest outside of work
mjr_: they don't own their positions
BitHub: isn't it about to get alot easier for them
mjr_: ideally the mainstream end users wouldn't even be aware of me
mjr_: like i said, i haven't used otc yet
BitHub: don't get caught up in a rating war tho
mjr_: i don't plan on doing a lot personally
BitHub: then i wouldn't worry about WOT so much
mjr_: but if i were to leave...i couldn't leave it to someone else
jurov: and it isn't clear to me why/how would you want to manage separate webs of trust
mircea_popescu: not until you've made your contacts it isn't.
jurov: the bitch ain't one
mjr_: but old people with cash can't
mjr_: don't plan on it
TradeFortress: mjr_ doesn't even change the cursor
mircea_popescu: sadly i don't have the time / it doesn't pay enough
mircea_popescu: "This is awesome! I didn't even know such an exchange existed."
mircea_popescu: at least he doesn't have cauchy operators in there
jurov: i remember paying out s.bvps to someone who has withdrawn everything (perhaps thinking he'll avoid monthly fee which isn't the case)
jurov: you don't have to do anything. but it's good to check just in case
thestringpuller: jurov: is my account just inactive? I don't have to register and blah blah blah aain no?
thestringpuller: "mircea, if you were half as smart as you think you are, you wouldn't confuse coinbase and coinlab. you'd also have invented antigravity and a time machine, but that's beside the point." - whatcha have to say about that mr. popescu?
Bugpowde_: The calls only price didn't move
Bugpowde_: Bot buys don't count
thestringpuller: You are my favorite scientist atm. Bill Nye ain't got nuttin on you.
mircea_popescu: well it was a good theory, but i don't think it meets the data so far
mircea_popescu: many times it was the case that large buys didn't match the theory
mircea_popescu: jurov they don't really have the same breakeven point
Bugpowder: maybe I don't want to publish ;)
mircea_popescu: you're sure it must be in there somewhere, but you really don't want to dig it out
Bugpowder: I couldn't figure it out
B0g4r7: I don't know the story, but if the fees are disclosed in the terms and he didn't read or agree to them, then tough hash.
mircea_popescu: wasn't it end of jan ?
mircea_popescu: mil and a half. somehow it doesn't look like much at all.
BitHub: don't let her go bro, follow your heart
ThickAsThieves: basically, you can't win if you don't play!
mircea_popescu: <ThickAsThieves> but i also kinda fon't care about people trying to sneak bets in at low risk << this.
ThickAsThieves: don't*
ThickAsThieves: but i also kinda fon't care about people trying to sneak bets in at low risk
mod6: gtfo you don't have any of those lol
mircea_popescu: it ain't gonna happen.
jurov: pity that beercoin didn't catch up
jurov: i can't access mpex.co .. times out
Diablo-D3: Ukto: you don't accept bitcoins directly
mircea_popescu: isn't she grinning suspiciously.
jurov: well it's too broad scope... maybe they'll get banned in baluchistan and we won't know it
mircea_popescu: don't worry, he's creating jobs too
mircea_popescu: in obamaworld things that were never done and can't in principle be done apparently qualify.