log☇︎
216000+ entries in 1.55s
ThickAsThieves: it is very much a thing
asciilifeform: the math is correct. just missing a term.
kakobrekla: mike_c that 'nice package' of a 'good product' does not turn off the buyers after the 'good product'.
mircea_popescu: The20YearIRCloud im sure nubbins` will gladly make you a dedicated fb or employee poster. kid's talented.
The20YearIRCloud: Which is why i brought it up with you now, as I don't want to give a few away and then them yell at me saying they couldn't claim their 0.1btc
The20YearIRCloud: I'd rather give a few away, it can take a while for us to churn through tenants & expand, running a contest would boost our FB page severely too :D
The20YearIRCloud: mircea_popescu: I'm going to write up a letter/note and give a poster & instructions to each one of my tenants, then offer a discount if they use BTC to pay for their rent( even if it's a fraction of the rent). But that will only account for 15 of the 50 posters, so I was gonna run a few contests on our FB page (If that's ok with you?) for the remainder ☟︎
mircea_popescu: "user friendly" is a post hoc explanation just like "he's handsome&cool" is a pill against morning after remorse.
The20YearIRCloud: mircea_popescu: I got the posters today, I had a question about redemption of the prize or whatever - Do the claimants just get on here and post a link to a photo, are there any other requirements?
mike_c: helen was a thin pretense for the launching of ships. kinda like WMD.
mircea_popescu: 18<mike_c> please, beauty. none. helen was a thin pretense. << for what, gayola ?
gribble: http://www.urbandictionary.com/define.php?term=Millihelen | "Judith was no match for Helen of Troy, having on a few millihelens of beauty herself". by great ... Nice kid with a sweet personality; kinda plain tho'... a millihelen.
mircea_popescu: <mike_c> physicists are probably looking for a 3rd option, but might take awhile. << all you need is love...
mike_c: please, beauty. none. helen was a thin pretense.
asciilifeform: mike_c: how much beauty does hellen need to launch one-fifth of a ship ?
The20YearIRCloud: punkman: RENT's NAV is right around .01btc/share, so there's some value to new shares @ the reduced amount even of .0075 with as low as BTC/USD is. It wasn't my preference to close down market, but if my investor indication goes through they'll all be sold within a week and the fund will be back to normal activity.
mike_c: well, a valid question would be: how much user friendly would be required to pull in 500 btc in bets.
mike_c: physicists are probably looking for a 3rd option, but might take awhile.
mthreat: there's a street near me called Guise
asciilifeform: employ a mentat.
mircea_popescu: can't even beat a table.
bounce: a trig table... in hardware!!!1!
mircea_popescu: i misspoke., i don't care about that, it just has to be in a range
bounce: a trig table?
mircea_popescu: does anyone more versed in math have a ready replacement for sine and cosine in places where one wants a periodic but doesn't have the math resources to trig ?
ThickAsThieves: after all, all coin in that bet supports a Yes outcome
mircea_popescu: dude you're a fucking idiot, seriously.
asciilifeform: mircea_popescu: why me << because asciilifeform is about to tickle some very small holes in a teflon rod.
asciilifeform: mircea_popescu: if you're thinking of a sequel, might be interesting to go into the biological hooks made use of by a qualified ce (chumpatronic engineer)
gribble: I'm On A Horse - The Song - YouTube: <http://www.youtube.com/watch?v=6WMXeKzoGxg>; I'm on a Horse - Old Spice Commercial - YouTube: <http://www.youtube.com/watch?v=VX5au0LOJp8>; I'm On A Horse - YouTube: <http://www.youtube.com/watch?v=xsPwQVnlDg0>
asciilifeform: ;;google i'm on a horse
mircea_popescu: o hey bitcoin outlets ? there've just been a quarter million dollars worth of btc bet within an hour. this is not news because you don't know where news in bitcoin breaks or because you don't know what news actually is ?
ThickAsThieves: <+mircea_popescu> bitbet is having a totally shit month /// use your powers to make BTCUSD $700 again, all will be well
mircea_popescu: bitbet is having a totally shit month
bounce: well I won't say no to a sack of that worthless money. a milliard or two should do.
ThickAsThieves: how does btc stand a chance of avoiding all this? cant "goxcoins" be created and contained so as to depress market?
nubbins`: what moron is going to risk his dick losing a kilo on some website?
mircea_popescu: nubbins` since when is 1kg a big amount ?
asciilifeform: ThickAsThieves, others - if your objective is not merely to avoid committing an indictable crime under american law as your lawyer was taught it, but to hide your wealth from total dekulakization - you cannot solve this problem without a closed arse-mouth btc cycle
asciilifeform: ThickAsThieves: you aren't thinking big enough. 'agents' or not, if you're feeding into or from a usd bank at the end of the day, you're in panopticon.
asciilifeform: xmj: if i knew, i'd become a sysadmin. ☟︎
mircea_popescu: ThickAsThieves you gotta understand the otc market is really a bunch of large players, in us fiat.
nubbins`: i suppose this is a foreign concept to you non-canadians
asciilifeform: so, there's a compliant bank in the loop.
mircea_popescu: asciilifeform well i suppose i misread. yes, as a internal-regulations-abiding inmate, it doesn't exist for you.
nubbins`: i think localbtc does a lotta biz
asciilifeform: imho, it was not a sale, but a trade. hence the bid circus
los_pantalones: he's def not a gov't favorite
mircea_popescu: of course nonsensical bs like "a perfectly fair price index" would get approved by the sec, bec, dec and heck in short order.
kakobrekla: why would they announce it and not use the collected coin (ether). its a give away
assbot: Logged on 17-09-2014 15:56:55; mircea_popescu: ensure too strong a word. but suppose you don't let terrorists run their own exchanges, nor deposit to yours.
asciilifeform: so we have 'buterin's waterfall.' ingredient - a fat bag of coin. (where found? sr coins traded for 'boring' coin with no peculiar blockchain history - plus gov. mining, other confiscations, etc.)
asciilifeform: so you get a vacuum that is about as good as the water's vapour pressure at the room's temperature & pressure. not bad. cheap. if you remember school - you used this 'medieval' gadget.
ThickAsThieves: i'm not convinced there's anything at play but a lack of new bitcoin buyers
asciilifeform: water is pumped from a tank up, and then flows down a pipe back into the tank. in the down pipe, there's a spigot to the side, where a vacuum forms - water carries away air.
asciilifeform: so, for the record, what i'll call 'buterin's waterfall' - picture a water-powered vacuum aspirator pump, of a kind used in school chemistry class.
assbot: Logged on 17-09-2014 15:50:00; asciilifeform: had a thought. usg's btc price dampener strategy has no clear endgame - the 'ethereum' thing will carry on while the usd printing press runs, because it stands to reason they are running both the sell and -buy- ends of the machine. 'arse-mouth system.'
mircea_popescu: <asciilifeform> is the answer for king to decree 'anyone may call himself a man of medicine' ? << yes, actually.
TomServo: Wow - that's a big one!
asciilifeform: so long as your 'throne' (kingly, ministerial, city-dogcatcher, commissioner of farts, etc) is a thing - and isn't constantly probing your arse for worthiness to sit thereon - it will behave this way.
ThickAsThieves: sounds like a revolution
asciilifeform: now let's say actual medicinal practice reappears, in underground hideouts of a kind.
asciilifeform: is the answer for king to decree 'anyone may call himself a man of medicine' ?
xmj: hahahahaha now that's a weird bet.
asciilifeform: certainly the tabloids would love to print a sensational turd about the sub. but then editor's phone rings, and 'editors can also have problems'
asciilifeform: press also has enemies it can, as a whole, agree on. untermenschen, if you like. some things 'it would not do' to print.
mircea_popescu: my own pet theory, which you may laugh at as you will, is that the difference is the investment of hate. these people hate women, fundamentally, and as such they no longer need to look out for enemies, and so everyone else is a friend.
asciilifeform: they link to nobodies, to beginners << unmistakeable, dire sign of a field not yet (and perhaps never) mature. you need some beginnings of a fissure between the alchemists and the chemists, astrologists and astronomers.
mircea_popescu: meanwhile "the press" avoids linking to people like the plague, as the quoted piece from maddox yest showed. and i suspect this has a lot to do with their collapse, it's not the internet, is that they misunderstood the importance of reference.
mircea_popescu: i suspect it's exactly the only reason they eked into a modicum of relevancy for the social discourse
mike_c: i can confirm that a 1 yr old is terrible random number generator. they focus on a small subset of keys and bang.
mircea_popescu: it's not even a matter of, some people in a conclave circle jerking
mircea_popescu: nah, just some keywords in a specific set of... philosophy is muchly said, but anyway. worldview
ThickAsThieves: a quest one probly dies along before completing...
nubbins`: ThickAsThieves so divest all your btc and pick up a hobby
penguirker: New blog post: http://trilema.com/2014/a-complete-theory-of-sociology/
ThickAsThieves: she has her family, a job she likes, etc
asciilifeform: ThickAsThieves: no aamount of money (in bitcoin) will be real << to make it feel 'real', convert to a tangible. like an swift escape rocket from usaschwitz
ThickAsThieves: dude she got a new suv, solar panels, hw floors, vacations
nubbins`: buy her a copy of the jan 3 2009 times
thestringpuller: call it a night
thestringpuller: buy her a diamond ring on bitpremier
mircea_popescu: nubbins` not everyone's hitched it with a slut yo.
teward: thestringpuller: there's a lot of home-specific laws and tax rules that other capital gains aren't included under
mircea_popescu: <ThickAsThieves> my wife is all 'maybe this bitcoin thing isnt such a good idea' << if i had to take a bet on the matter, it'd go like so : it has exactly zero to do with any rationalisation she comes up with and everything to do with how annoyingly you've changed since getting involved with these loser geeks.
nubbins`: what is a usd?
thestringpuller: People who have owned a house for 20-30 years and it's escalated in value are not subject to capital gains. (I know this to be true because I know many people who have sold their houses for more than they bought them and have not gotten taxed for it. The only tax attached to the transaction is sales tax on the buyer).
kakobrekla: <mircea_popescu> peterl> would letting a 2-yo type be a good random generator? << nah. < better than 12-yo and prolly even 22.
asciilifeform: this - is riotously funny. this is like watching german jews in '36 sit around a table and talk about how they'll 'game the system.'
mircea_popescu: <punkman> why is anyone buying at .0075 instead of waiting until after IPO? << or even having waited for a day BEFORE the ipo ?
mircea_popescu: peterl> would letting a 2-yo type be a good random generator? << nah.
teward: thestringpuller: that's a gray area that you could argue in the tax courts, but you're right. if you don't liquidate the BTC and hold the BTC for over one fiscal year then those bitcoins are only subject to the capital gains tax as well as the income tax IF the liquidation occurs during that fiscal year. At any later date after the BTC has been held for a year it should be the case that it's THEN capital gains taxed.
thestringpuller: teward: yea if you own the property for X amount of time the capital gains taxes are waived. This is a loophole for homeowners, btc falls under the same statutes. But you still have to pay income tax on income from BTC. I.e. i get paid in BTC as part of some employment contract. The receipt of those coins needs to be claimed with the IRS and then you gotta pay whatever during income tax.
assbot: A complete theory of sociology pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: asciilifeform http://trilema.com/2014/a-complete-theory-of-sociology/
ThickAsThieves: are the people that paid you in bitcoin issuing a 1099?
ThickAsThieves: its not a gain til you get the cash
ThickAsThieves: she feels a "real job" to pay less taxes...
ThickAsThieves: my wife is all 'maybe this bitcoin thing isnt such a good idea' because we have to pay cap gains tax
ThickAsThieves: lol, SEC filing for a 1to1 deal?