227600+ entries in 1.652s
BingoBoingo: Namecoin is jet fuel sort of great, splendid utility, but externalities neuter it as
a value.
Rassah: In summary, they had an idea they thought was awesome, they wanted to spend
a year working on this awesome idea of theirs, without having to worry about jobs or income, so they marketed their idea to bitcoiners who like dumping money into altcoins... Sounds like they weren't dumb at all about this :)
BingoBoingo: Among the other things Sonny V could go back to jail for equities fraud is
a leading candidate.
BingoBoingo: This "pre-order" "pre-sale" crap constitutes
a sale of equity. Period.
BingoBoingo: My current beef with Etherium is that despite all of their protests they are selling equity in
a something.
Rassah: decimation: why do you think Etherium is
a candidate for money???
Rassah: My rule #1 for investing is invest in the team, not the idea. Awesome idea with morons behind it will go nowhere. For Altcoins, an awesome idea with
a single developer behind it will crash and busn as soon as that developer gets bored and goes to do something else
BingoBoingo: Pascal had an application... Busses have an application... Pretty sure Doge had an application even if it wasn't
a pretty one.
Rassah: Also, as is most important in any crptocurrency (even moreso than its "features") Etherium has
a team of good developers with
a specific goals, who want to work to develop it no matter the price. Doge (and arguably most others, possibly incluing Litecoin) does not.
Rassah: Eh, Etherium at least has an application. Doge was just
a self-aware joke
Rassah: I thought he was? Etherium is run by
a large group of people, including finance guys
BingoBoingo: Well, if he isn't much of
a finance guy... Shouldn't he be outsourcing the expertise?
Rassah: p.s. I'm not saying their etherium deal is
a good one. I don't think investing in ether can in any way give
a better return than investing in bitcoin... I don't think vitalik is much of
a finance guy, either, so I'm not sure if this "ipo" ca be blamed on him
TheNewDeal: he sent me .1 btc, I sold him
a position in the bastille day bet
Rassah: There aren't
a lot of smart people in bitcoinland... I have
a feeling Bitcoin Pete isn't one either, but is regurgitating things other smart people are saying in his blogs.
A beneficial service I guess
BingoBoingo: Well, pete's
a jew and there are
a lot of smart members of the tribe
decimation: web 2.0 is so poorly designed that this barely exists, instead of being
a first class featue
decimation: do folks here have
a method of scraping complex webpages like banks for .pdf statements?
decimation: yeah actually that's
a neat experiment
BingoBoingo: Chicken is old hand but carp is
a new one for me. I might have suspected catfish as
a stereotype, because like fried chicken everyone loves fried catfish. Carp though have so many pin bones in their filets. Honestly I find Gar
a better use of my fishing time than carp.
assbot: Do blacks really like fried chicken and carp or is that just
a stereotype?
assbot: Liberals passed
a bill to change this fish’s name because it is “hurtful” and “offensive” | Young Conservatives
decimation: indeed, I always called it jimson weed. nasty stuff, grows up 6 ft tall in
a few months
BingoBoingo: Though some amount of ether may be useful as
a solvent... TO acieve other things...
BingoBoingo: pigeons: If you have
a friend in the chemistry lab there are more interesting things to consider than ether
pigeons: or if you have
a buddy who works in
a chemistry lab
BingoBoingo: pigeons: Only
a fuel if you like engine knock
pigeons: ETH is not
a security and this is not an attempt to solicit investments from unqualified investors. its
a fuel.
BingoBoingo: asciilifeform:
A thing that has it's big national get together locally is "powered parachutes"
BingoBoingo: pigeons: As
a teen there were closer places to take girls to "watch the nothing"
pigeons: anyway, you're not missing anything now, everyone's in
a hurry and scared
pigeons: or
a teenager bring
a girl to sit on the car and "watch the planes"
pigeons: as
a kid you didnt go run around them back when it was possible?
assbot: Creating
a new GPG key | Ana's blog
BingoBoingo: CheapBoy: If you set up GPG and register in the WoT I'll lend you
a rating so you can self voice.
pigeons: or maybe you have
a really random mouse movement
BingoBoingo: mike_c: Situation has been remedied. Key in question was not sold so much as held by each of us in trust of
a higher powah.
BingoBoingo: CheapBoy: Well I doubt the ethereum people are going to make or allow
a market for that since, etherium is supposed to be
a market
BingoBoingo: pigeons: Wait, you're inhaling it? I was just going to use it as
a solvent to clean some stuff...
pigeons: yeah it should be able to soak
a rag, but dont do it that way you hobo
BingoBoingo: I just dunno why anyone would want ether that can't soak
a rag
midnightmagic: mircea_popescu: so far the authentic chinese food I've tasted pretty much lives up to its visual appeal; Yunnan province (where
a lot of that episode was filmed) is delicious and very un-weird.
pigeons: who are these people buying it? i see everyone ssaying the obvious about who knows what
a good price is and if the platform will ever materialize, but someone is paying
benkay: if its
a good trade, you'll know.
benkay: you should never be scared to make
a trade.
BingoBoingo: CheapBoy: You are
a brave soul going long on Ether.
benkay: mhm.
a solid distinction for sure.
benkay: <mircea_popescu> i have nfi why anyone'd do business with people who announce xmas and then fail to deliver in march, but then again... // what, you calling asciilifeform
a scammer?
BigBitz: delivery is provable by
a wallet?
a trading 'site' ?
dub: I'm not, its
a great quote
mircea_popescu: jesus i was looking to say bigtitsbingo for
a long time.
mircea_popescu: CheapBoy i have no problem with your assigning your delivery, but to do that you will need to register
a gpg signature in the wot.
benkay: sign
a thing with the addr from which he pays you?
benkay: wait there's
a topic pun in there
benkay: the joke there is that nobody saw how dumb of an idea claiming to be
a pretty young intern at the white house is
BingoBoingo: benkay: Basically Ms. Boring forked the foundation taking
a stronger stand in favor of "Let's all just surrender to the State more and faster now, k thx"
dub: albeit
a $1000/night backyard
benkay: no i tuned out
a long time ago
dub: we're in
a backyard too, for the portion that isn't on the beach
mircea_popescu: as the old saying goes,
a man deserves the life he choses.
BingoBoingo: All the while they forget that in the past year BFL has went from being bad for Bitcoin to merely being bad for
a certain kind of people who want into Bitcoin and probably ought to begin buying pre-order lube
hanbot: mircea_popescu aww, nobody's hated on me like that (reddit) in
a while
mircea_popescu: BingoBoingo i suspect the reasoning here is that "bfl is bad for bitcoin" and so therefore selling to them is "bad for bitcoin" and so it's
a smart move.
mircea_popescu: #freenode is terminally fucking braindamaged.
a year ago they stopped taking donations because "it was too much effort". since then i've been trying to get them
a server up. pretty much zero interest.
mircea_popescu: typical "whoddunit/not me" infantilism. it was
a mistake but we're not really stupid, we did it for the cash but we're not really desperate,
mircea_popescu: BingoBoingo i got
a lulz out of their scummy apology/explanation as to how they sold the domain to bfl.
mircea_popescu: As far as my observations go, I think there are many idealists, but they are
a bit complicit in that these fuckers aren't shouted down or ejected because they are "of the community"."
mike_c: lol, sometimes they get one right: "Christ almighty. Can you summarize that in like
a few thousand words?"
mircea_popescu: i am thankful for the internet for this, by the way. before every idiot had
a voice, the world was less amusing, and the reasons why the poor must be whipped daily less obvious.
dub: wait, something awful has
a reddit?
mircea_popescu: my sides. i imagine libertards are smart in entirely novel, innovative ways, right ? because such
a thing can ever be :D
mike_c: chuck norris will now destroy b-
a because you got his name wrong.
mike_c: yeah,
a REAL man picks his own wedding date :p
dub: mike_c: no. 1) pick
a girl. 2) she picks the date mike_c: 3) she starts planning for 6 months
mircea_popescu: midnightmagic
a bit more marketing in that than i'd be looking for.
mircea_popescu: fluffypony: mircea_popescu could be the largest æthereum holder <<< could is such
a majik word.
mircea_popescu: benkay: i don't. it's
a phenomenal waste of human capital. << there is no such thing as "waste" of human capital any more han there's waste of carbon. it's an element, whatever it gets used for is just fine.
mircea_popescu: i guess in
a sense this is just the unavoidable effect of their irrelevant impotence. "if you can't do something useful anyway, might as well make
a buck doing something pointless"
mircea_popescu: now all these unemployable fuckwits with business insider blogs and whatnot expect
a coupla hundred to tout the next scam.
mircea_popescu: bitcoinpete: $99 and it's yours. delivery estimated in november 2014 << expensive, but it's not actually
a bad idea.
mircea_popescu: they are going to be
A LOT more scared, i'm getting
a "get in touch" program out for politicians.
ThickAsThieves: “There’s nobody else in DC that cares about bitcoin, bitcoin has
a terrible reputation, people are scared to touch it, nobody wants to be involved with it, and
a lot of it is
a lack of understanding.”
ThickAsThieves: “I give bitcoin 12 to 18 months before its fate will be decided by lawmakers. We don’t have
a lot of time to tackle these issues, and if we don’t, bitcoin will be narrowed down to
a hobbyist niche and not
a true industry.” ~ Perianne Boring