tmsr - Search: i

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ben_vulpes: tl;dr: I DUNNO MANG

ben_vulpes: i'd expect you to not be cutting so deep on a single pass (if your tooling even supported it) (due to apparently having a working understanding of machining limitations), which implies some crazy connection between out of true-ness of the workpiece maybe?

ben_vulpes: asciilifeform: can't say as i know why your cutoff tool's doing that to the piece. the mark looks like an overheating of either workpiece or cutting tool, but the geometry indicates that it was spiraling in on a single pass.

ben_vulpes: remember how i was lamenting abandoning my m.e. toolchain for computers?

ben_vulpes: asciilifeform: no sir i do not

decimation: ah well this would be the place. I suggest reading the logs at log.bitcoin-assets.com if you are curious

decimation: Mike Silva: And when I realized that nobody had any idea how to respond to that, I went into the bathroom and threw up. Because I realized this is it, it’s just this small group of people, and right now at this moment we have no clue. I never want to get close to that moment again"

gribble: Bush On Economy: "This Sucker Could Go Down" - Business Insider: <http://www.businessinsider.com/2008/9/bush-on-economy-this-sucker-could-go-down->; Talks Implode During a Day of Chaos; Fate of Bailout Plan Remains ...: <http://www.nytimes.com/2008/09/26/business/26bailout.html?pagewanted=all>; Warren Buffett: I Have Greater Appreciation of Pres. Bush's Handling ...: (1 more message)

decimation: asciilifeform: I suspect mainly the latter is the case

mircea_popescu: not really as clear cut i dun thin

decimation: well, I suspect the 'right people' (ie friends and family of the SES crowd) meet the criteria

mircea_popescu: decimation i don't get why bureaucrats shouldn't kowtow.

decimation: at any rate, I doubt that these fed employees carry much weight anyway, because someone in goldman can make a phone call to their boss's boss's boss and work out whatever deal needs to be made

decimation: well, since it is fed policy to keep all meetings with banks secret, I guess only a few know the reality

decimation: Later in the meeting with Goldman, here's his "poking to make them nervous": "Mike Silva Just to button up one point. I know the term sheet called for a notice to your regulator. The original term sheet also called for expression of non-objection, sounds like that dropped out at some point, or...?

thickasthieves: i can see how capture is a problem though

thickasthieves: i listened to the npr thing, honestly the soundbytes didnt seem that bad

decimation: "Mike Silva: My own personal thinking right now is that we’re looking at a transaction that’s legal but shady. I want to put a big shot across their bow on that. Poking at it, maybe we find something even shadier than we already know. So let’s poke at this thing, let’s poke at it with our usual poker faces, you know. I’d like these guys to come away from this meeting confused as to what we think about it. I want to keep

asciilifeform: mats_cd03: (i must've missed something)

mircea_popescu: listen i just made it into a 30mb avi, it'kll be good enuff

asciilifeform: i can even stuff the whole thing in a gif.

mircea_popescu: i dunno

mircea_popescu: i used to drink public water

kakobrekla: i have done that, even in front of public people

jurov: i got into PM with ninjashogun and last thing before i lost it was

mircea_popescu: asciilifeform if you can cut a good <15s spot i'd like it

asciilifeform: mircea_popescu: i can convert...

mircea_popescu: "so give me 50k and i might buy iron nails which might be worth more in the future"

jurov: no i wanted to know his calcualtion

mircea_popescu: we've sunk to the lows where kako trolls the channel. i know of no other place where the actual chan owner trolls the chan

jurov: i'm more interested in that demand caluculation

ninjashogun: mircea_popescu, Oh, uh (wink) right. You are right that there are no other crypto currencies besides btc, I will grant this to you. It is ridiculous to assume any other crypto currency can ever come into existence.

ninjashogun: What I mean is that long-term, if BTC held a monopoly on crypto currency my price target would be $300K per bitcoin. (Simply because that is required for the amount of crypto currency the world has a money supply demand.) But the problem is that other crypto currencies can meet some of this demand. So, is that some of the reason for the decline? If it is, what will cause the rebound?

The20YearIRCloud: guess i don't understand how a large-ish business that takes BTC and runs into the asme cashout problems as us could operate with it

The20YearIRCloud: I just hate the equity loss being that bad

thickasthieves: ninjashogun, I will allow the price to start going up again tomorrow

ninjashogun: Incidentally if it is on-topic here I am curious about the opinion of people here about 1) cause of BTC price depression 2) whether BTC price will rebound. Where will the buy pressure come from, given that there are other crypto currencies as well?

mircea_popescu: i intend to gif-ify it to test the saffron chick's thing.

mircea_popescu: asciilifeform can i have original of that video ?

The20YearIRCloud: i hate having all this BTC sitting and not being cashed out

ninjashogun: jurov, hi. I'm actually a startup founder, not a security expert per se (besides a good theoretical understanding and some practical reading same as avialable to everyone here.) Not an xorg expert!

thickasthieves: i doubt anyone here wants you roaming freely

ninjashogun: Thanks. Does someone who has gribble with the proper distance want to trust me to whatever extent is required for an up. Ascii has complained about the volume of contribution, so I will keep it down. (obvoiusly you can remove this rating if you find I'm abusive.)

kakobrekla: !up ninjashogun i do what iwant

mircea_popescu: course i have nfi why xorg was made so windowsy in the first place.

jurov: when pinentry was active, i was unable to get kbd events into xev

asciilifeform: ^ he has an adult lathe i think

mircea_popescu: no pics ? i was promised pix!

asciilifeform: i haven't, surprisingly, received any hate mail re: the lameness; must assume it's going to mircea_popescu's dev/null

thickasthieves: i dont do insurance, but maybe there are aspects that can be your fault

thickasthieves: i assume one asshole says y2k made my pc catch fire

jurov: they are trolls. i fully expect, if my washmachine causes a flood, them to ask if it has a microcontroller

jurov: "i had a fire in my flat" "twas improper date calculation, gtfo"

jurov: lol i'm scanning a bunch of stuff and noticed my household insurance specifically excludes "caused by improper date calculation by computer"

thickasthieves: or am i missing something

thickasthieves: i dont think most markets factor in fees so efficiently

thickasthieves: i was thinking not very hard about whether the fact that it costs 5% to get money into btce is actually a sound reason for BTCUSD to be 5% cheaper there

thickasthieves: i'll be rolling is referral satoshis! mwoohahaha

thickasthieves: i linked it :)

thickasthieves: i didnt see the 300 bet

mircea_popescu: lol i thought it crossed.

mod6: well, it reconnected in #altcoin, i should merge that change.

mod6: i had a dream last night that it went down to $6 again, and i tried to back up a truck

thickasthieves: back to the caves i say!

The20YearIRCloud: It's amazing how people value things - I was at a property auction, house was worth $45k , i wanted it for $35k, and people bid it to $55k due to ego

mircea_popescu: i imagine all over egypt/albania/kyrgiztan/whatever, in all sorts of small rural hamlets with a single internet lifeline, all sorts of adolescent boys are pretending like they got the millionz of btc

thickasthieves: i think they do 10:1 margin

mircea_popescu: o wait, i forgot, the wash trading sort of huge. a trillion just as long as it's done in 100 increments. nm me.

mircea_popescu: i r banned ?!

Dimsler: i think at 250 theres going to a miner bust out

Dimsler: mircea_popescu, i like a simple conversation amongst people i share common interests with

asciilifeform: mircea_popescu: yes, i'm awake, on it.

TheNewDeal: I don't believe the price of bitcoin can go negative, alas I'm not an economics expert

ben_vulpes: <mircea_popescu> kakobrekla you can lket coffee grinds sit in alcohol then add sugar, just like anything else. << o fuck the things i learn here

thickasthieves: i said "once" :)

TheNewDeal: Most popular addition I've seen is Baileys, which is basically a flavored creamer you would find at a gas station + small amount of alcohol

TheNewDeal: Is there a specific flavor that's preferred - i.e. brandy?

TheNewDeal: how about coffee and liquor? I've heard of many people proposing it, but rare to see it happen in practice

kakobrekla: i wouldnt drink it.

Dimsler: fuck i need some coffee

mircea_popescu: it's not that. i don't care about the man's memory or anything. im trying to explain a fundamental difference in approach.

Dimsler: and i read the majority of them

thickasthieves: i learned this from trilema

Dimsler: lol i enjoy the abstract

Dimsler: i've read some of your shit

mircea_popescu: "I want to make this clear. This is not the result of a conspiracy or collusion. This is the outcome of flawed economic incentives and the reaction to them by participants. Hardware used to mine is irrelevant. The underlying rationale regarding distribution of newly created bitcoins is flawed."

thickasthieves: i wonder if days like this make bitpay sweat

punkman: so I rewrote deedbot basics, will work on supybot plugin soon

Dimsler: i've already explained that ages ago

mircea_popescu: mkay so the situation is that you have a btc-e account and work as a broker, but when i asked you the first time you figured it's a good moment to insert a pretense of significant holdings you don't actually hold, and in doing so inadvertently blew to bits your earlier description of your actual activity, which was up to that point correct.

mircea_popescu: well, you made the correlation, i'm just trying to follow.

Dimsler: it has nothing to do with my arbitraging that i do as a side buisness

Dimsler: nevermind what i'm personally doing with my coins

Dimsler: i think you're being eluded by context here

Dimsler: why should i take on any form of exposure

mircea_popescu: so i gather you have a btc-e account and work as a broker ?

mircea_popescu: i dunno if i can mix being scammed with not being scammed but not making a profit.

mircea_popescu: i suppose that should count too huh.

mircea_popescu: imagine this shit, the first time i actually buy a mining future contract, i actually get a great deal on it.

mircea_popescu: anyway, btc-e has indeed been around for a long time, and no i don't know anything substantial against them, so.