127800+ entries in 0.043s
mircea_popescu: sadly all the idiots are busy "researching" their way out of the hole digging in just about the opposite direction.
mircea_popescu: asciilifeform but you do, in a sense. where's that oglaf...
mircea_popescu:
http://btcbase.org/log/2016-07-29#1511439 << not so, sadly. mathematics is accessible, yes, but only to the clear mind. the determined mind has clarity problems definitionally. you generally see just how fucking accessible mathematics is to the determined mind when reviewing the quality of statistics work produced by determined minds.
☝︎ mircea_popescu: seems improbable that dropped baby manages to compile hello world. to my eyes it's rather deliberate, but anyway.
mircea_popescu: it'd have to be a state the art ownatron. seeing how rusty stoves has small chances of finding squares quite so deliciously.
mircea_popescu: Mahmood Khadeer , " president and co-founder of the Muslim Association of Puget Sound (MAPS)" ?
mircea_popescu: THIS incidentally is a problem you run into all the time.
mircea_popescu: it is ALSO answerable, except not in certain ways. from a particular solipsistic position, the "probability" of there existing such a thing as a cube of bronze is just as remote as the probability of there existing a cube of antimatter the same size.
mircea_popescu: anyway, yes "made of human fat" is answerable. the problem is - everything's made of human fat. much more important a question is, to use ballas' exceptionally apt terminology for the matter, "is this an impossible fantasy to be pursued at the expene of your labour and your life" ? the lori gottlieb question.
mircea_popescu: ie, that the cow is the product of someone nursing a veal ; whereas the rifle wasn't nursed from pistolhood. the joke's a joke, but "your" car and "your" chunk of copper aren't the same thing.
mircea_popescu: there's a difference between cow and rifle. other than the objectively obvious and in general.
mircea_popescu: title, as a convenient fiction in common parlance, nevertheless translates a deep and important ontological difference.
mircea_popescu: mno. title as understood by idiots is a convenient fiction, much like santa-the-gift-giver is a convenient fiction. this fiction does not mean it's a good idea to be a bad kiddy, in either case.
mircea_popescu: ie, one doesn't improve matter he doesn't hold title to.
mircea_popescu: and the deep reason title is the problem is this : that my own slavegirl, i will beat. but random whore, i will not.
mircea_popescu: the minor difference that NO ONE ELSE has title on the first two, and supposedly the lady on the third, is not germane to YOUR position.
mircea_popescu: you have no title over any minerals, not anymore you have it over bitcoin, or that lady's purse.
mircea_popescu:
http://btcbase.org/log/2016-07-29#1511434 << this example doesn't work because when valuing "cars" one makes a deliberate exception of the $15 cost of the raw sheet metal going in. there is no such thing as minerals that aren't also stolen cars. again for the obvious reason - nobody's mommy picks molybden ingots from under her nails as normal part of morning hygiene.
☝︎ mircea_popescu: but, ~nothing keeps you from taking the oath and then you'll know. and have no time for anything else, included remembering why the fuck you wanted to know in the first place. such is the wonder.
mircea_popescu: ough as it is, with everyone lying to everyone every chance they get, as part and parcel of what economics IS, this branch of cryptocurrency.)
mircea_popescu:
http://btcbase.org/log/2016-07-29#1511429 << not as a civilian, and for the very obvious reason. (or at least it should be obvious - past a few hundred or so, adding more "opinion"ators does not improve the overall quality of the resultant opinion, even if it increases the costs of resulting it.which is also why "inclusive" programs always fail. so people trying to figure this shit out really don't need anymore noise. good en
☝︎ mircea_popescu: a submarine doesn't drive, not like a car at any rate. a submarine is a lot closer to a plane, ie, "a dot being moved on a graph". except the plane has a much ampler bubble.
mircea_popescu: in places has a lot in common with "submarine piloting".
mircea_popescu: contrary to what you might think for unclear and i suspect unexamined reasons, finance is actually a quite sensible, rather complex and definitely satisfying art.
mircea_popescu: but no, the 100 is not a trend indicator, it's a situation indicator. long term historical prices indicate the trend, future spot indicates the short term.
mircea_popescu:
http://btcbase.org/log/2016-07-29#1511426 << for ~the same reason you're invited to not value cars by the process of running down the street in a gaggle of boys this age yelling at times "whoa this is a good one, 250!" because the car had a speedometer backing listing that number.
☝︎ mircea_popescu:
http://btcbase.org/log/2016-07-29#1511423 << this is a political choice, the matter's discussed pluriously. hitler pays the bill for "what he did" AND for what "he made us do". microshit has no way out of liability for the same reason the conclusion of 390 gaul campaign was not "a delegation of older women from each side got together to list each side's complaints and sufferances equally and wail together".
☝︎ mircea_popescu: when i say "You see ? The capitalist found the externality, made his item certainly cheaper and arguably "better" at the expense of unknown things not in his charge." i am not being facetious. the derp's actually being a good capitalist in that example. which is the broader point there : one can't pull himself up by own breeches, "capitalism" is not a cure for stupidity, merely an instrument for smart people.
mircea_popescu: trinque the important point about "externalities" in a discussion of money, and by extension capitalism, is that they're never anything other than a power play. (much like appeals to "science" in a social setting, notwithstanding the libertard's hollow pretense to the contrary).
mircea_popescu: that difference is perhaps best understood as the difference between "find me the real roots of f(x)" and "find me the limit of f(x) with x->inf". different stories altogether.
☟︎ mircea_popescu: it's true that oil ~futures~ did top 100 for some time some time ago. this is a different sort of "price" than the "price" of interest in the reasoning above, and a different sort of signal.
mircea_popescu: t. the 25 cents may not be exact, but they're not far off for one thing, and based on actual reasoning as opposed to "let's say things see what happens".
mircea_popescu: anyway, to round the matter for the readership, oil is not 100, but about 35 atm. was 40 last year. in this interval of time, about two thirds of the cost of the barrel comes from various royalties paid to governments, both directly and indirectly in the form of "compliance" with myriad idiocies. the cost of refining, owing to technological advance entirely unrelated to government, is under a cent. transportation around a cen
mircea_popescu: this is a prime something to cleave, somehow. it is a major limit of our world, much moreso than "carbon" blabla or gravity. its unyielding pressure creates the necessity of the harem, for instance, and many things.
☟︎ mircea_popescu: but of course, more generally, the reason civilisation in all its known implementations always flows towards "herd of females, and capons" is exactly that naturally, boys tend to prefer learning by the above described process, which is never popular with the learned.
mircea_popescu: there's better ways to learn things than saying the stupidest thing one can thing of to the smartest people he can find.
mircea_popescu: asciilifeform it's not a matter of "deny". energy economics is a proper field, which you're welcome to learn if you care, or not. the behaviour you briefly engaged in is not unlike 15 yo alf trying to learn math by busting into brin sr's class and yelling "all functions are convex! prove me wrong!" really loudly.
☟︎ mircea_popescu: BingoBoingo the substance of the dreamer's dream is always dreamy! and of a creamy consistence!
mircea_popescu: want it or not, some level of denied externality is baked into life, not just human life bu life altogether. most people grok this point when contemplating lord kelivn's universal death idea.
☟︎ mircea_popescu: ~nobody paid anything like the actual cost << if you mean "the cost to make huge ferns, stuff them into earth, make oil", then yes. this is however no argument : nobody pays, nor could anyone ever pay, the "cost to re-do big bang".
mircea_popescu: i eagerly await article explaining how $100 petrobarrel << i dunno what you think this sort of nonsense achieves. what in fact it achieves is "oh look, alf has nfi what stuff costs, but he wants to derp about how it works". it's a bad habit.
☟︎ mircea_popescu: asciilifeform> and it ~is~ a cost. << so far, it's "alf got drunk one day, went on an abstruse rant".
mircea_popescu: trinque i'd be happy with a boyhood tax. to quote the classics, three pennies to the gossip ; two to the lie and one for every two stupidities.
mircea_popescu: there isn't "the cost of there being such a thing as saudi arabia". this isn't how costs work. and in general, this isn't fucking fiction.
mircea_popescu: this isn't going away just because alf had a weird day.
mircea_popescu: again : the 2 dollars paid at pump for a gallon of gas are split : $0.25 covers the entire economic process involved ; $1.75 goes to usg to pay for random idiocy du jour
mircea_popescu: dude. the cost of hiring a woman to scrub my floor is not "whatever plus the cost of keeping her from going to college and also running of to cuba w3hen she was 17"
mircea_popescu: i doubt it'd be effective. you'd end up with a nine ton car.
mircea_popescu: out of every gallon burned, car eats a quarter and usg seven.
mircea_popescu:
http://btcbase.org/log/2016-07-28#1511097 << he doesn't know why he wants it ; but the larger thing that he's trying, unknowingly, to be, ie "mainstream media" thrives on anonimity because then greenwald, ie self-appointed derp of no value or importance, can ride on "anon" back all the way to the bank. it's a mental model that gets all the journawhores wet.
☝︎ mircea_popescu:
http://btcbase.org/log/2016-07-28#1511094 << last i recall, it went exactly the other way around : electric car "great deal" because nobody actually bothers to point out the externalities. in fact, ANYTHING BUT PETROL car, ie, "methanol" green car, hydrogen car etc. same deal.
☝︎ mircea_popescu:
http://btcbase.org/log/2016-07-28#1511085 << there still isn't. this is like saying "before emperor took a shit in the soup bowl there was no turdsoup." sure, now there is, technically, but it still ain't soup in the sense, "i'd want to eat that". i dun think at any point the notion that if you tape many cellphone batteries together you get A LARGER BATTERY/firehazard.
☝︎☟︎ mircea_popescu: anyway, the guy with the binary search is pretty good lol.
mircea_popescu: $v DB7C81D483E8B0AC57FB384B64D7D3C11EFA2D1D2B23CB17F7E7FDC0F2B1FB5B
mircea_popescu: funny how there's always a "legion in the sky" at every powerless derp's beak and call. "THE REAL WORLD". orly ? what real world ?
mircea_popescu: poor girl. i wonder what's the conclusion of average female after sticking finger in blender.