log☇︎
186900+ entries in 1.418s
decimation: if the us becomes japan for the next 30 years, then it is a great deal
decimation: the implication being that serious folks with lots of bezzlars see a 3% 30-year loan as a great investment - which is telling about expectations of the future
decimation: actuall the 3% FNMA mortgage-backed security is on a bull run http://www.mortgagenewsdaily.com/mbs/charts.aspx?Product=FNMA30&interval=4
decimation: the latest fed open market meeting strongly implied that rates will be low for a long time yet
mircea_popescu: and the "workers" are a wrapper around that wrapper. in the sense a rectum is a wrapper around the condom wrapped around the cock.
mircea_popescu: but anyway : as in the centrally controlled economy of the socialist state, so in the us : the "private" sector is a wrapper around the politburo.
mircea_popescu: amusingly, the fed is actually a private partnership
decimation: the banking system is a propaganda wrapper around usg/fed bank ownership
mircea_popescu: i dunno who would buy a nominal cd anyway.
decimation: but it's also impossible to find a 30-year fixed at less than 3.5
mircea_popescu: seriously, food at the cost of a shoeshine ?
decimation: well, it is certainly the case that it is hard to find a bank that pays more than 1% on your savings account
decimation: they used to have a 'dollar' menu
mircea_popescu: decimation this is why it only makes sense to buy it as a loan, on good terms.
decimation: the problem is, even if I were to purchase a house with say, gold or bitcoin
decimation: no, it's like having usg pay 70 bucks for a happy mean I 'get' to eat
mircea_popescu: this is like paying me 70 bucks for a happy meal.
mircea_popescu: a wot's always handy
decimation: perhaps a private party would make such a deal
mircea_popescu: perhaps as a 10 year fixed, with a negotiable that includes your right to fully repay.
mircea_popescu: it is the fault of the people running servers that they implemented upnp instead of beating the people with the reports, sure. however, beatings suffer from a disaster of commons type of problem : they are valuabler and expensive, but the beneficiaries resist them afore, even if they appreciate them after.
mircea_popescu: phillipsjk: The users installing those routers probably don't even play with computer networks as a hobby. It is the manufacturers, not the end-users' fault that UPnP is exposed to the Internet. <<< ther atrocity known as unpnp exists in the first place because people who do not know how to use computers wish nevertheless to use computers, and then complain to people running servers that "doesn't work".
mircea_popescu: “We were stunned by the allegations which served to negatively impact our business in this exciting and evolving financial category,” said Josh Garza, CEO of GAW. “However, we appreciate the outpouring of support by a community that is behind what we are doing as pioneers in the cryptocurrency market; in short, they simply didn’t believe it.”
mircea_popescu: ben_vulpes it takes a while.
mircea_popescu: pete_dushenski understand : building a building costs to the tune of a bn or a few.
pete_dushenski: i'm more interested in how long you can negotiate as far as a fixed rate term goes
pete_dushenski: 5 seems to be the norm, not sure how hard it is to get a longer fixed rate term
mircea_popescu: decimation: bezzlar lending rates keep dropping because 'oh noes deflation' <<< if you can take an immense loan denominated in usd and at a fixed rate, to purchase anything tangible you should do so right now.
asciilifeform: ben_vulpes et al: the tips i've given re: controlling memory fandango had better suffice. i'll post a buildroot for the pogo some time this week, but unfortunately i do not have time to do the whole thing personally
mircea_popescu: asciilifeform tomorrow'll be fine, but yes, now is the time on sprockets where you let the little guys fuck by themselves a while.
asciilifeform: mircea_popescu and anyone else waiting for s.nsa broadcast - it will appear shortly after i get a little sleep now. can't believe i blew a whole saturday on the pocket node thing.
mircea_popescu: YOU ARE CONFUSING PEOPLE!! the problem we are solving is not a problem which is why it should be solved!!!1
pete_dushenski: Robert Litan is a nonresident senior fellow at the Brookings Institution and the author of “Trillion Dollar Economists.”
mircea_popescu: supreme executive power derives from a mandate from the wot, not some farcical fencing ceremony...
mircea_popescu: i tell you, blond inch tall figurines drawn on a EGA screen waving about swords are no basis for a financial system.
BingoBoingo: Ah, I'll source the Something Awful ones when I find a working login. 2 and 4 though. From the same post on the Butterfly Labs forum.
mircea_popescu: well "About" isn't a source eh ?
BingoBoingo: If I recall correctly he was a "dev" back in ancient times
mircea_popescu: asciilifeform: at the minimum, it was a 'spare' in case of a catastrophic break in sha2 << on this we agree. meanwhile that problem seems to have navigated away
asciilifeform: the films copying a classic one and the classic consequently seeming derivative tripe - thing ?
mircea_popescu: There are certain shows that you can safely assume most people have seen. These shows were considered fantastic when they first aired. Now, however, these shows have a Hype Backlash curse on them. Whenever we watch them, we'll cry, "That is so old" or "That is so overdone".
mircea_popescu: punkman also a good point
mircea_popescu: and then we give nooby kids with undegrad "business" and "governance" degrees a hard time for their self-reported "experience"
punkman: mircea_popescu: going by log height #590953 to #1001132 (now), it's a lot of time
asciilifeform: i feel like i spent at least a decade.
mircea_popescu: this is like... b-a logs are so substantial they dilate the perception of time.
asciilifeform: thread ^ a while ago, yes.
mircea_popescu: asciilifeform: i once suggested, semi-seriously, a proofofworkfunktion based on cellular automata << i recall our discussing this, in the very logs! years ago!
assbot: BitBet - LTC to fall below half a bitcent before March :: 1.09 B (59%) on Yes, 0.75 B (41%) on No | closing in 2 weeks 5 days | weight: 46`041 (100`000 to 1) ... ( http://bit.ly/1z0iAu8 )
mircea_popescu: danielpbarron: i've seen a few "just sold all my BTC for Litecoin because MP is mean" posts << and yet https://bitbet.us/bet/1098/ltc-to-fall-below-half-a-bitcent-before/
pete_dushenski: that sammy was a converted member of the tribe, i did not
mircea_popescu: pete_dushenski: https://www.youtube.com/watch?v=Y53JLJDOEvE << watching this now. it's a riot! << dun tell me you found out about either that famous jew or that celebrated mode of civilised passtime on b-a!
mircea_popescu: danielpbarron: i was just wondering if a random tails user was aware of that sort of thing, or if they just downloaded it because freetalklive mentioned it << you know the answer to that q.
decimation: post a link on the channel so folks can browse it
decimation: phillipsjk: would you be willing to upload a sample of your ddos captures?
asciilifeform: ben_vulpes: as for killing, if you feed it a SIGTERM, it should die with decorum
asciilifeform: phillipsjk: talk to kakobrekla, he will give you a place to drop the dumps, if you believe that you have discovered something peculiar therein
mircea_popescu: asciilifeform you're such a hater :D
ben_vulpes: not trimmed from the logs, but prevented from speaking during a roasting.
assbot: Logged on 29-01-2015 15:40:59; assbot: You rated user felipelalli on 21-Jan-2015, with a rating of -1, and supplied these additional notes: has a very strange idea of when it's time to talk..
phillipsjk: My router reported a "smurf" attack, but I think it is a mis-diagnosis.
ben_vulpes: http://dpaste.com/3YZXENS << anyone know of a tidier way to reboot bitcoind?
phillipsjk: I am not sure it was a true amplification. I suspect it was a flase positive because the addresses ended in .255
asciilifeform: that is, of absolutely no use for taking control of a machine in the usual sense
asciilifeform: phillipsjk: the amplification attack you found in your packet captures (we discussed it here about a month ago) is a pure ddos vector
assbot: Logged on 29-01-2015 15:40:59; assbot: You rated user felipelalli on 21-Jan-2015, with a rating of -1, and supplied these additional notes: has a very strange idea of when it's time to talk..
asciilifeform: jurov: if you are using a demented dwarf with abacus instead of a computer, please fire him and replace with an actual machine.
phillipsjk: "Technology companies that want to sell equipment to Chinese banks will have to submit to extensive audits, turn over source code, and build “back doors” into their hardware and software, according to a copy of the rules obtained by foreign companies already doing billions of dollar worth of business in the country. The new rules were laid out in a 22-page document from Beijing, and are presumably being put in place so that the Chin
phillipsjk: Exposing UPnP to the internet defies all common sense. Add to that, many of the Pwnt routers appear to be in China, I am going to call it a deliberate back-door on the part of the manufacturer.
phillipsjk: The users installing those routers probably don't even play with computer networks as a hobby. It is the manufacturers, not the end-users' fault that UPnP is exposed to the Internet.
assbot: Logged on 29-01-2015 15:12:13; mircea_popescu: phillipsjk: The captures are 5.0GB each. Just a little too large to fit on a DVD:P << last time we diagnosed this it was mostly unpnp pwnt routers that yielded it.
phillipsjk: I also wanted to comment that behavior that seem stupid from the outside is sometimes completely rational. Quoting MP: 'last time we diagnosed [the DDOS bot] it was mostly unpnp pwnt routers that yielded it. long known as a problem, little to do about it because "must have lusers on the internet"' http://log.bitcoin-assets.com/?date=29-01-2015#997218 (as an example) ☝︎
asciilifeform: phillipsjk: without weighing in on the statement, i'd like to point out that you should have gone straight to 'there are priorities other than wealth/status', rather than trying to bolster the argument with 'proof by authority' using the authority of a fellow who pulled it all out of his arse
phillipsjk: Sometimes I think mental illness is a rational response to life events.
asciilifeform: phillipsjk: if you know it to be a fiction, why do you bring it up as an argument
phillipsjk: so in a word yes, I know the fixed hierarchy is largely fiction.
asciilifeform: phillipsjk: are you aware that said device is a fiction ?
asciilifeform: ultimately any interface between analogue and digital 'worlds' is a sampling system
decimation: he is definitely running a 'sampling' system
asciilifeform: no, the rng part is a reasonable, traditional scheme
decimation: yeah I'm pretty sure he's built a half-ass 'sigma-delta' adc
decimation: yeah it's hard to 'enjoy' paying nothing for a car if you never do it
decimation: aye, one can't keep a chumpatron going if it kills the chumps
pete_dushenski: I would recommend you sell your bitcoins and buy your alts you were just pumping , because holding onto MPcoin won't be wise. At least with litecoin and peercoin you will lose your investments at a slower pace.
cazalla: still a coinbase despite telling the faithful that coinbase will add litecoin and that he'll leave if they don't
pete_dushenski: and now lee is presumably sipping mai tais somewhere because i swear he hasn't made a peep in 12 months
cazalla: no proof of course but i wouldn't put it past a guy to do that.. a guy that is willing to get up in front of a room and admit what he says isn't true but that it's OK because "marketing"
pete_dushenski: cazalla: a, a newer thing then, another "but it worked for the us" scenario
asciilifeform: (if that seems like a 'martian' concept, look up 'satcoin')
BingoBoingo: <asciilifeform> the 'cynical' answer would be that he didn't give a flying fuck about asic resistance in the general sense, but planned to build own asic << There was drama about a collaborator of his GPU mining this GPU unminable coin from the start
asciilifeform: at the minimum, it was a 'spare' in case of a catastrophic break in sha2
asciilifeform: but initially there was a vaguely-plausible reason for thinking people to go 'hmm' when reading about litecoin.
cazalla: pete_dushenski, it has had one for the last year along with a *talk.org forum.. it's pretty much the blue print for altcoins at this point, launch your altcointalk.org, have a foundation and premine under the guise the foundation will use the coins in some fund to spread adoption
pete_dushenski: asciilifeform: at least litecoin didn't have a phoundation crudding it up to its gills over a period of years
asciilifeform: the original point of my objection to the qntra piece was that, afaik, 'litecoin' was different from every other altcoin in the sense that it was not simply an existing source tree with a dozen constants changed.
cazalla: he is malicious because he contains to appear at conferences to tell people how a coin is all about the marketing regardless of whether what you say is factual or not. he's just the first iteration of garza
pete_dushenski: or mebbe charles lee is a chinese mole!
pete_dushenski: iirc litecoin was a 2011 thing
pete_dushenski: asciilifeform: the cynical answer could also be that he's a bad actor who tried to detract energies away from bitcoin at a pivotal moment
asciilifeform: the 'cynical' answer would be that he didn't give a flying fuck about asic resistance in the general sense, but planned to build own asic.