log☇︎
227000+ entries in 1.662s
mircea_popescu: artifexd: I come back from Ecuador and realize that they just banned bitcoin entirely because they're going to make their own cryptocurrency. I guess my wife was right all along when she said Correa was a dumb ass. <<< let the kids have their fun.
mircea_popescu: anyone ever is thrilled to take a taxable-income-loss.
mircea_popescu: pigeons: my stocks went down too, but the price doesn't matter, i'll just take a temporary loss and not sell. how long is temporary? << you don't understand what loss means in this context.
pankkake: "Bandwidth Limit Exceeded" for a almost text only static blog, lol
mircea_popescu: (bad poopies) or a mare killing their own baby because of being born a runt (bad babbeh). Abusers consist of the majority of the site Fluffybooru with Ginger_Fig, Mwike, and deathproofpony being the most notable examples.
mircea_popescu: , physical weakness, destruction of harvest, and overpopulation. Fluffy Ponies can often die from their own stupidity such as falling off a cliff when attempting to fly, getting run over by a car because they thought it was a friend, eating bad foods, etc. Some abusers often abuse fluffy ponies as if they were clearing out a vermin infestation, while others abuse them for bad deeds such as defecating at the wrong place
mircea_popescu: chetty i dunno, i thought obstructionist is someone who opposes a process for emotional rather than rational reasons.
benkay: guess i'm due for a nick change then
mircea_popescu: you know every time someone misses a tab you'll be ben instead of benkay
mircea_popescu: i have no idea. not much of a beer guy myself.
benkay: mircea_popescu: is there a microbrew market in bsas?
chetty: Pres Obama supports letting Central Americans apply for US refugee status in their home countries, rather than taking a dangerous journey.
mircea_popescu: there is a beer market.
mircea_popescu: to hear stalin tell it, lenin was not only a major stalinist but he didn't think much of trotski either.
chetty: eh if it ends in 'ist' its a bad idea
mircea_popescu: chetty guy was an ardent NATIONAL socialist. that's a nazi.
mrstickball_: Thomas Sowell has a lot of great Shaw quotes in his books
chetty: wasnt he a founder of the Fabians?
mircea_popescu: what's a point of contact do ?
gribble: http://www.urbandictionary.com/define.php?term=poc | poc. people of color, as in everybody except caucasians. Why is economic and political power in the hands of white folks if poc together make a majority?
bitcoinpete: $90 a year ago today
mircea_popescu: bitcoinpete in fairness a year ago btc was what, less than $100
bitcoinpete: 12 months ago *is* a pretty long time…
rithm: there's a 1%?
bitcoinpete: mrstickball_: not at all. i haven't produced anything more tangible than a blog. slush sold $200 dongles for 2btc each
bitcoinpete: mrstickball_: a see, i'm not slushcz… https://twitter.com/slushcz/status/492748527689547776
BingoBoingo: If a candidate for the legislature can pistol whip a motherfucker for not paying their pain pill debt...
mrstickball_: they want crypto products, and want us to supply them. But we can't swing $250,000 of inventory on a net-30 payment model
mrstickball_: additionally, it turns out that our HQ is a few miles away from one of the largest PC retailers in the US - Micro Center
mrstickball_: I/we have enough capital to continue ad-nauseum at about $100k of inventory. The problem is that we cannot grow beyond that, because of overhead (paying 2 employees, a building, ect)
mike_c: they don't deserve a video
bitcoinpete: maybe we should make them a sexy video?
bitcoinpete: watching them try to explain wtf a "smart contract" even is…
bitcoinpete: mrstickball_: are you a regular reader of the logs then?
gribble: Mo' money, mo' problems, not how I see, huh – Paperbond: <http://rapgenius.com/1264769/Wiz-khalifa-paperbond/Mo-money-mo-problems-not-how-i-see-huh>; NOTORIOUS B.I.G. LYRICS - Mo Money Mo Problems - A-Z Lyrics: <http://www.azlyrics.com/lyrics/notoriousbig/momoneymoproblems.html>; Mo Money Mo Problems - Wikipedia, the free encyclopedia: (1 more message)
mircea_popescu: ;;google mo money mo money have a look an' here we go
mrstickball_: run a business
mrstickball_: its been a long time since I've been there
ThickAsThieves: not a fan of NC
mrstickball_: FWIW, if anyone is going to that conference, I'll gladly take them out for dinner as a member of #bitcoin-assets
mircea_popescu: fluffypony lol why not market it as a soup stirrer
mrstickball_: look at the bottom, below the charts. Its not comprehensive, but goes back a few months
mrstickball_: I had a friend that made about $3,000 off of it on a single PC
mrstickball_: I had a friend cash out of it back in the glory days. We CPU mined a few hundred thousand
mircea_popescu: a small amount of fail.
gribble: Error: "s" is not a valid command.
mrstickball_: I wonder which ones survive... I am kind of sad to see Curecoin being so terrible when they were getting a lot of attention for curing cancer
mircea_popescu: a little attrition is a great thing anyway.
mrstickball_: Unfortunately, when Chinese New Years hit, our factory (and every other) went down. Seemingly when they came back up, some factories re-evaluated their position to move to direct-sales and hurt us a bit
the20year: On a good note, I had a very positive call today from a bank to wants to lend to rentalstarter
mrstickball_: there was a period of time we were pushing $5,000/day in riser sales with a 100-300% profit margin
kakobrekla: on a side note, my intel tells me altchains are suffering - noone is hashing. i would expect non asic stuff will take time to sell.
mrstickball_: most customers are willing to pay a 10-15% premium if your company is willing to do with fiat
the20year: They're just a dirty reseller too
mrstickball_: no one does a good job of it. That's why we're working on capital to get a larger building and control a larger portion of the market
mrstickball_: Yes. fluffypony bought a few dozen risers off of me ages ago
gribble: You rated user mrstickball on Thu Apr 17 18:13:39 2014, with a rating of 4, and supplied these additional notes: runs buy-a-hash, which carries openrigs products, and have had several large financial interactions (purchases/sales).
mrstickball_: I've done a fair bit of business with Riccardo
mircea_popescu: so what's the biz model like, buy a bulk and sell by item ?
mrstickball_: mircea_popescu: ASICs, and a lot of accessories
mrstickball_: we've already grossed ~$1m USD in the past 12mo on hardware. Unfortunately, capital is a huge bottleneck
mrstickball_: Step 1 is more hardware sales and initial deployment of a larger ASIC-based facility
mike_c: this seems.. incredibly ambitious. you are going to manufacture & sell your own miners, and run a profitable mining farm.
mircea_popescu: twins are what, 4 ppm. so actually b-a has a statistically expected number of twins.
benkay: <the20year> i'm pretty sure we're a chubbier version of the winklevoss twins, younger and not connected to FB // shorter too, indubitably
mike_c: mrstickball_: you have any experience running a mining farm?
mircea_popescu: because if they had a twin they'd do it all the time.
mircea_popescu: did you ever pull a switch on a girl ?
the20year: i'm pretty sure we're a chubbier version of the winklevoss twins, younger and not connected to FB
mircea_popescu: <ThickAsThieves> no matter much trilema you read, the wife ain't gonna listen! << this sounds like a cry for halp
mike_c: more to the point, let's discuss whether debating discussion is a good idea ;)
mike_c: who is "we"? we are having a discussion about whether you can discuss things
mircea_popescu: benkay coin a lovescam.
benkay: lovecoin a scam?
mike_c: a religious scholar is entirely different from a religiuos person
mircea_popescu: mike_c this is false on its face. i'm a religious scholar.
mircea_popescu: ThickAsThieves i definitely don't propose there's a winner. the dispute of which is more complex a tool does not map on the discussion of which is a better tool.
ThickAsThieves: note my point of contention was the idea of a winner
benkay: easier to pray, be told what to do by a "master"
rithm: but usually fractal geometry is zooming in and seeing a portion of the orignal image
rithm: it's pointing to infinity and it's a repeating math funtion
mircea_popescu: asciilifeform the highway robbery the us govt is conducting as a matter of course is well documented already, yes.
rithm: i have a seirpinski triangle tattooed on my back!
asciilifeform: '...officers scoring personal bonuses of up to twenty-six thousand dollars a year, straight from the forfeiture fund. In Titus County, forfeiture pays the assistant district attorney’s entire salary. Farther south, in Johnson County, I came upon a sheriff’s office that had confiscated an out-of-state driver’s cash, in the absence of contraband...'
benkay: representing at a smaller or larger scale something else smaller or larger than itself
benkay: <mircea_popescu> you presume there's a way to live your own life outside of slavery. there actually isn't. // everything is a fractal representation of something else
mircea_popescu: not like it's a goal.
mircea_popescu: benkay and if you say "you eat your dogfood with your hands shackled behind your back and if you run into a hair there fu you eat it anyway and if it makes you vomit fu you'll lick it all up the floor and swallow it" ?
mike_c: it's 2 of a million
kakobrekla: anyway, someone should offer a short on the thing, just to keep things healthy.
benkay: <mike_c> you pay $500,000 to have a cute little thing that loves you for 10 years, hates you for 8, and then hopefully respects you after that. // ideally. sculpting them into not-biodiesel is generally frowned upon in these parts.
mircea_popescu: kakobrekla you need money for that. his budget was in the decimals last he was offered a short.
kakobrekla: someone offer him a short?
ThickAsThieves: this is good: "What baffles me is how people can send so many coins to a supposedly anonymous person. Do you give out unsecured loans to random strangers who you meet for the first time?"
kakobrekla: perhaps is a bit fast
mike_c: hell, you're from florida. practically a redneck
mike_c: any other muricans want to give a listen and voice an opinion it would be appreciated. this isn't a love-fest, please say if you think the accent might not work for average US speaker. https://btc.waroflife.com/videos/
wyrdmantis: one thing at a time
DreadKnight: benkay, not making a mmorpg
kakobrekla: a few trades today unaccounted for in that upper nav i think