log☇︎
147900+ entries in 0.06s
mircea_popescu: if anything, the bitbet experience has taught me that i had been erring in the supportive direction, at any rate. ☟︎
mircea_popescu: historically, or at least in my read of history, anything but neutral resulted in destruction of value from a secular perspective.
mircea_popescu: i think the intention is for mpex to be neutral.
mircea_popescu: while these facts are exactly that - facts ; the situation remains what it is. lots of people working to fix it, of course, but until it's fixed it's not fixed.
mircea_popescu: and without a solid protocol there can be no serious interest in cryptocurrency.
mircea_popescu: taking mpex private resolves the last possible avenue for derps to argue about this point.
mircea_popescu: attempting to "create business" from the position of the central bank is both stupid and a doomed enterprise.
mircea_popescu: if one's not happy with the volume thereof, one's only recourse is to start a business.
mircea_popescu: the idea here is that mpex is a strictly correct and strictly complete reflection of bitcoin business, such as it is.
mircea_popescu: another's what he said to the berkshire market maker, ie that if the next trade happens next quarter he'll be happy.
mircea_popescu: well, there's plenty. one went something like "to call a party with low capital and high transacted volume an investor is not unlike calling a guy in a dirty overcoat that stalks women and jacks off a romantic".
mircea_popescu: wywialm you familiar with that buffett quote about volume ?
mircea_popescu: quite.
mircea_popescu: you pm it $up and decrypt the otp it gives you, then pass it back with $v <result>
mircea_popescu: you should be able to self-voice.
mircea_popescu: $gettrust deedbot wywialm
mircea_popescu: $up wywialm
mircea_popescu: for the republic's store of reaction gifs, in case of need : http://49.media.tumblr.com/560a9088996bebfe3e89c4275dd5aa5b/tumblr_o1god4CWCq1ule9rko1_500.gif
mircea_popescu: PeterL good call.
mircea_popescu: davout> ben_vulpes trinque mats ty, fixed. this particular flavour of retardation has been shot in the head << making it the... 5th ? since bitbet receivership brought serious republican scrutiny to franco.is blog ?
mircea_popescu: ;;later tell wywialm yes but do it here.
mircea_popescu: where to mthreat ?
mircea_popescu: but i imagine davout has been taking notes on how to do this ; and for sure a good question in any future receiver selection will be "what have you learned from bitbet liquidation process"
mircea_popescu: EXACTLY like V.
mircea_popescu: ideally the way to do this is, auction master gives out a hash, everyone must include it ☟︎☟︎
mircea_popescu: "yes" only means something among the sort of idiots that'd take that.
mircea_popescu: even word-er.
mircea_popescu: word.
mircea_popescu: in truth clockworkery had been a slowly evolving craft since greek antiquity.
mircea_popescu: who invented the thing is iffy, many people did
mircea_popescu: mod6 he certainly made one
mircea_popescu: woulda sucked if we had to redo it or w/e bs.
mircea_popescu: cool beans.
mircea_popescu: davout werks.
mircea_popescu: in a stroke of incomprehensible, ancient beings brilliance, minimal value of bitbet as established by signed contract in 2012 (100 btc) is almost within 10% of liquidation value of bitbet as established by free market / receiver, of ~89.35.
mircea_popescu: davout to try and get a final settlement here, i owe you 199.45006789, add to which 13.37 ; you owe me 86 for to be distributed to the shareholders, add to which 4.83378422 from the hotwallet, add to which 3.35043347 (335.04334737×.01), comes to 118.63585027 altogether. that sound right ? winner pay you yet ? ☟︎
mircea_popescu: mod6 they have it on mouseover.
mircea_popescu: that was the roaring 2010s tho neh ?
mircea_popescu: bucharest was in the same position.
mircea_popescu: fortunately no earthquakes. hopefully they mostly fixed it.
mircea_popescu: and tbh, at some point in the 90s moscow was half falling over, actually.
mircea_popescu: asciilifeform> like the sov towns in far east that are frozen ghost towns now. << this makes one hell of a trip btw.
mircea_popescu: except she doesn't.
mircea_popescu: hanbot no, she physically mans the kiosk. like the job someone would be normally hired to do, and get a wage.
mircea_popescu: yet there they are, mesmerized contributors.
mircea_popescu: much like byzantine peasant couldn't construct the orthodox delusion ; much like alf teh bee dog can't construct washington.
mircea_popescu: the only thing she can't do is, construct the mental infrastructure of pretense she subscribes to.
mircea_popescu: hanbot but she has to do the sales as it is!
mircea_popescu: asciilifeform aha. quite.
mircea_popescu: it is not possible, no.
mircea_popescu: these people are, basically, very dedicated cultists. they WANT a CERTAIN SOMETHING to be how things work. and will disregard and ignore anything and everything else. because they're not, fundamentally, opressed. they're, fundamentally, nazis.
mircea_popescu: the behaviour continues.
mircea_popescu: as evidenced to me and for my needs by the plain fact that even when the actual rational explanation is no longer applicable,
mircea_popescu: which is the problem here. even when it works, the "appstore" didn't work for the rational reason, but for the irrational one.
mircea_popescu: da fuck, most buskers make more than her by a fat margin.
mircea_popescu: and ftr, the woman would make 10x to 100x more selling on street.
mircea_popescu: a similar cognitive process would be to say : a) i don't fuck bricks ; b) another exists ; c) therefore, another fucks bricks.
mircea_popescu: this isn't a point, this is a psychogenic bit of nonsense.
mircea_popescu: so... no. no folks. no anything. just a snake of pressed shit eating its tail and wondering why the process is lossy.
mircea_popescu: yeah.
mircea_popescu: nonsense.
mircea_popescu: pfff.
mircea_popescu: you think the situation is peculiar to gold ? it is not.
mircea_popescu: it's mortgaged, hypotecated, securitized, sold, bought and transfered. nothing belongs to anyone or anything.
mircea_popescu: nothing you can possibly touch in a day of trying has an owner. nothing.
mircea_popescu: nobody there.
mircea_popescu: yeah, they are. again : wizard of oz.
mircea_popescu: like wizard of oz.
mircea_popescu: "the folks" you speak of are wholly imagined.
mircea_popescu: asciilifeform no i know the history of how it ended up in. i'm just saying, it really is pretty stupid, useless and wtf already.
mircea_popescu: totally.
mircea_popescu: fucking unions won.
mircea_popescu: dude... what happened to full price for the stock + full wage for me selling it + benefits.
mircea_popescu: i'm in awe of what ustardia can do to people.
mircea_popescu: e takes home 15 cents out of a dollar in receipts.
mircea_popescu: in entirely unrelated but omfg i can't believe this - cascadia dwelling derpy mother of slavegirl that wants to think of self as "fiber artist" but otherwise crochets like any old woman since time immemorial, landed what to her appears as a very good deal. she sells her stuff in a senior citizen center gift shop. for a 15% comission. to understand each other : she provides the merchandise. she provides the sales workforce. sh
mircea_popescu: i'm unpersuaded. yes the breadbox is neither arbitrary nor undefined in the bug discussion. here however, no such benefit. there is no "size".
mircea_popescu: aha!
mircea_popescu: it's not directly clear the notion of bit is even relevant
mircea_popescu: aha.
mircea_popescu: there is ~no reason to use the c representation or notion of number at all.
mircea_popescu: cpu should have proper cache ; wtf is a "register" even in 2016.
mircea_popescu: so ?
mircea_popescu: it's a cheap hack to get things cached through "registers", sure.
mircea_popescu: you know, thinking about it... what exactly is the rationale even of the concept of "int" ?
mircea_popescu: in other news, http://40.media.tumblr.com/7721937b94021017b390613747b70b10/tumblr_o0f40swxzv1tk9udjo1_1280.jpg
mircea_popescu: but it's precisely what it is.
mircea_popescu: "and his nurses are hawt"
mircea_popescu: you know, sorta like how "russia is not real country because putin doesn't invite obama over"
mircea_popescu: "it wasn't a real company because we didn't count for shit in the sale"
mircea_popescu: you're a man with an open heart, what.
mircea_popescu: so you like templeos because it has persistence and graham because, apparently, gavin doesn't have to work for a living.
mircea_popescu: weirdo guy going on about god something or the other ?
mircea_popescu: phf they mostly get mentioned derisively, tho. it's a sort of templeos/timecube/whatever, they got their alt-reality, sticking to it, nothing happens in it, etc.
mircea_popescu: ah thats a point
mircea_popescu: danielpbarron and thestringpuller also bid
mircea_popescu: the auction
mircea_popescu: well technically it started 0.0001 0.0002
mircea_popescu: such win.
mircea_popescu: "Ada.Text_IO is a "package" that comes with Ada. (In Ada 83, the package name is just Text_IO, and for compatibility, Ada 95 also accepts the shorter name.) We'll learn more about packages later."