asciilifeform: biggest shared 'in joke' in the world
asciilifeform: most folks with any kind of brain at all, just ignored the slogans when off the clock
asciilifeform: the total intellectual load placed on chumps was considerably lighter
asciilifeform: (the soviets also didn't have microshit 'word', which helps illiterates to play-pretend by turning them into a kind of cyborg meat-assisted shannonizer)
asciilifeform: modern usg has many advantages in bullshit production over predecessors
asciilifeform: jurov: which is why the gedankenexperiment was specifically about epsilon
asciilifeform: jurov: nobody's getting a monopoly off epsilon btc
asciilifeform: mircea_popescu: if can vary taper between min and max of what opponent could have used - then yes
asciilifeform: scytales... ecdsa << if this analogy is accurate, woe be unto ecdsa users. you can crack scyrale with a physical contrivance analogous to an engorging cock
asciilifeform: adlai: the information isn't just hard to attain, it doesn't exist << the bot is not for use! it's a theoretical construction, like carnot cycle
asciilifeform: sorta like the 'x % kills' (what fraction of the monsters you dealt with) shown at the end of a 'doom' level
asciilifeform: against which to measure the actuality.
asciilifeform: it tells you (or would, if could be written, but the most you can hope for is an approximation, as the problem - even with all the necessary data - is np-complete) the theoretical maximum that could have been achieved
asciilifeform: calculate, how much coin would i need to have on hand for it to be worth the effort in getting a coinbr account and making the gears go correctly
asciilifeform: jurov: bitbet is certain to make 7% dividend next month.. to buy it does not need any perfect bot.. but nobody does << this is because time is worth something
asciilifeform: (unlike 'redditicus' the impossibility doesn't irritate me in the slightest, i have other things in life to play with)
asciilifeform: (unless someone noticed that he's a god, and gave him a bag of coin for lulz. but that's outside the rules of the gedankenexperiment!)
asciilifeform: i merely suspect that no one, not even a god, could 'get rich' at 'investing' pocket change at mpex
asciilifeform can already picture how - if the 0.01 were enough to 'move between equivalence classes' in the orderbook
asciilifeform: even for determining what x' is for x=0.01 btc ?
asciilifeform: 'perfect info bot' is this abstract thing. a god.
asciilifeform: you would have done better than 'perfect info' bot << impossible by definition☟︎
asciilifeform: understand, interested here in 'theoretical best' of what a smart person with almost no funding could achieve☟︎
asciilifeform: mike_c: it will give you an x and x', where x' > x
asciilifeform: is depth really a concern for infinitesimal working sum ?☟︎
asciilifeform: for small enough x, market has full depth at all times, no?
asciilifeform: folks with a clue - comment, would the result have any useful connection with reality ?☟︎
asciilifeform: but again can approximate, roughly, solely with price history, no ?