log☇︎
234700+ entries in 1.722s
mircea_popescu: bitcoin mining is a perfect avenue for large players to dodge tax, whcih is why the hash is going quite so nuts.
mircea_popescu: One thing to note is that, generally speaking, a Bitcoin/altcoin mining operation is strictly profitable from a fiat perspective. Anyone who thinks they’re profitable from a BTC perspective needs to take a cold, hard look at the data for the past few years, and needs to couple the historical data with the inevitable delays when pre-ordering mining equipment. << this is quite true.
mircea_popescu: a cool.
fluffypony: I have already, will go fix past articles a bit later
mircea_popescu: i guess it'd work on anything short of a tank
mircea_popescu: Mark Serbu told us, “I refused to sell my rifles to the NYPD, and when I talked about it online, it blew up like crazy. Everybody liked the idea of a gun law biting the government on the ass. There are only two manufacturers of semi-automatic 50-caliber rifles in the US, and neither will sell to the NYPD. This is like, ‘Screw you, New York.’ People are less safe without our rifles to protect you.
mircea_popescu: "by investing in this company you're buying chunks of a dollar-denominated investment, because they mostly plan to sell your bitcoin and pay off fiat costs."
assbot: How to fail gracefully as a Bitcoin business
fluffypony: mircea_popescu: in other words, if they were paying staff and rent in Bitcoin they could present a business plan with amounts in Bitcoin
mircea_popescu: why would fiat costs pose a problem ? it's quite clear why fiat revenues are a problem for reits etc, but costs ?
mircea_popescu: or wait, was that, they're planning to actually send congress a budget at all, like required by law ?
Apocalyptic: mircea_popescu, in the meantime i read that they are planning to get 50% back to frankfurt in a matter of seven years or so
mircea_popescu: Apocalyptic: I wonder how much US sent them back so far << the us had more sense than to put a clause in there that the matter is to be judged according to frankfurt law.
mircea_popescu: luckily that tends to be a self-limiting problem
mircea_popescu: the stupidity of people holding bitcoin is the one thing that can hurt bitcoin (as evidenced by say the pirate debacle, or by the fact that a million fucktarded stoners managed to give the usg a gift of 20k ish btcs)
mircea_popescu: Apocalyptic that's a problem, yeah.
jurov: "it was pretty hard to not reach a positive ROI by now with most asics." this doesn't have anything to do with mp
fluffypony: mircea_popescu: I dared to mention that a WoT presence might be a good starting point
Vexual: the prospectus has anxpro on a cg container, are they affiliated?
fluffypony: "aving been in communication with these guys a bit I can say that they are definitely not NEO & BEE types. These guys definitely know what they are doing and they have proven that they can deliver since they have already done so. Unlike many offerings, their technical skills and abilities are pretty well proven."
Vexual: a proper old picasso print can be had for 1nc
Vexual: nothing a few thousand men couldn't scratch off the surface in a month
Apocalyptic: kind of a big chunk
Apocalyptic: apparently they sent a couple of lawyers to NY
TheNewDeal: so does that 51% have to occur over a week time period?
assbot: Decades Later, Someone's Discovered a New Super Mario Bros. Glitch
TheNewDeal: ridiculous http://kotaku.com/decades-later-someones-discovered-a-new-super-mario-br-1591884544?utm_campaign=Socialflow_Kotaku_Facebook&utm_source=Kotaku_Facebook&utm_medium=Socialflow
[]bot: Bet created: "A pool will have at least 51% of the Bitcoin network" http://bitbet.us/bet/950/
BingoBoingo: And he's been doing it for quite a while
TheNewDeal: and inception returns to mediocrity after you watch it a couple more times
moiety: oh nubbins`, i watched quite a few films when i was internetless. This is really good: http://www.imdb.com/title/tt1242460/ (also shutter island and inception but i think i'm the only one in the world who hadn't seen those yet)
assbot: - /You are a Man ( ) - YouTube
assbot: Brazilian man slaps an opossum, gets a handful of 400 porcupine quills | Metro News
BingoBoingo: Suggested sidebar link http://metro.co.uk/2014/06/17/ouch-man-slaps-an-opossum-gets-a-handful-of-400-porcupine-quills-4765333/
mircea_popescu: <asciilifeform> good sovereign << a cryptozoological animal << this reduces to saying there's nothing to live for.
gribble: Use immense in a sentence | immense sentence examples: <http://sentence.yourdictionary.com/immense>; It gives me immense pleasure to inform all the members and ...: <http://www.b-u.ac.in/bu-icai/syllabus.pdf>; Immense | Define Immense at Dictionary.com: <http://dictionary.reference.com/browse/immense>
mircea_popescu: ;;google "is a source of immense satisfaction to me"
asciilifeform: good sovereign << a cryptozoological animal
nubbins`: unfortunately, picking a good sovereign likely requires you to pass through the hands of the worst sovereign of them all (int'l border control)
nubbins`: or rather, where the enforcing of said ordering is a common occurrence
mircea_popescu: the only solution is to pick a good sovereign and stick to it.
nubbins`: can't leave a dangling <
TheNewDeal: or you just have to know people that steal a gigaton of the precursor?
asciilifeform: (the hicks don't start with a bag of carbon, a bottle of water...)
mircea_popescu: now they have a reality show abvout it
mircea_popescu: people thought organic synthesis is a cerebral endeavour
asciilifeform was involved in a (failed) project to churn out butyrylcholinesterase via transgenics.
mircea_popescu: "is a considerably more cerebral"
asciilifeform: a world where coke is the currency and sugar is illegal... an agro product << point of the second (e. coli) gedankenexperiment isn't that the planet needs a gigaton of coke (perhaps it does, but i digress) but would be to profit maximally off the 'demonetization.'
asciilifeform: coke market in the us would be like meth market << nope. bioreactor (aside from somebody having to jump the hurdle and produce the transgenic critter in the first place) is a considerably more cerebral undertaking than grignard reaction in a garage.
mircea_popescu: so your gedanken experiment could well be carried out in a world where coke is the currency and sugar is illegal.
mircea_popescu: notrly. sugar is a better comparison
asciilifeform: (coke is no more difficult to churn out by the gigaton than, e.g. progesterone. do you see it at local pharmacist for a penny a dose? didn't think so. because it is a kind of chemical / international fiat currency. with all of the features that come with such.)
mircea_popescu: apparently it's a thing
moiety: Mats_cd03: use it like a mit lol
moiety: they have started bowel screening here for the 50+. you get cardboard sticks and instructions to shit on your bagged hand and smear it on a chart with said sticks, which you do over the course of X days and send it off to the GP
asciilifeform: a la brits/opium/19th-c.
asciilifeform: columbia << not a military giant who can make the 'demonetization' stick globally.
moiety: i had a patient that was on so many conflicting medications his liver was shutting down. every time i saw him, he was thinner and felt worse and they just wouldn't do anything. i'm worried what happened to him since i left
asciilifeform: the basic formula of antidepressant market: 1) http://log.bitcoin-assets.com/?date=18-06-2014#722631 2) side effects are a gift from the gods: 10 side effects - 10 kinds of pill you can now sell. ☝︎
gribble: Old Nardil Vs. New Nardil - Emsam and other MAOIs - Crazy Talk ...: <http://www.crazymeds.us/CrazyTalk/index.php/topic/5897-old-nardil-vs-new-nardil/>; Nardil and Dry Mouth - Depression: <http://depression.emedtv.com/nardil/nardil-and-dry-mouth.html>; Drug Ratings for NARDIL - Ask a Patient: (1 more message)
asciilifeform: btc folks who expect to 'can have problems' from daring to demonetize the dollar should contemplate gedankenexperiment - what'd happen to a nation that 'demonetizes'... cocaine. (that is, establishes dirt-cheap production & distribution.) if your starfish doesn't quiver at the thought of the 'problems you can have' then...
BingoBoingo: asciilifeform: They founf a dopamine and norepinephrine reuptake inhibitor in Bupropion. Note the substitution that was made... https://en.wikipedia.org/wiki/Bupropion
asciilifeform: 1) pick a problem 2) ban solution 3) ??? 4) profit! ☟︎
asciilifeform: interestingly, sometimes the pharma folks fail: they spent some years trying to cough up a dopamine reuptake inhibitor that doesn't reduce to a synthetic cocaine, and, afaik, gave up ☟︎☟︎
Mats_cd03: i used a scale...my poop was 4.6 pounds
penguirker: New blog post: http://trilema.com/2014/people-us-dollars-are-not-worth-a-fifth-of-a-bitcent-stop-selling/
Mats_cd03: after 1 no pill a day for 4 days during a field exercise, i was literally full of shit
asciilifeform: Mats_cd03: 'let's take a drug that's been known for 5,000 years, but is too much fun; nip at the structure a bit until we have a - anti-diarrheal, cough suppressant, etc. that's almost as good as opium.'
Mats_cd03: i may have used it a few times to punish a thief in the office
mircea_popescu: TheNewDeal i had something similar in romanian a few years ago
mike_c: well, effects would be: 1) do they do the work (maybe they have to send you a pic?) 2) does anyone read it
mircea_popescu: mike_c buy some kids a beer. what effect do you expect ?
mircea_popescu: it's a pdf
gribble: http://www.urbandictionary.com/define.php?term=bonger | Upload a picture of bonger. 2. bongers. greatest last name granted to a person. Usually resides in a man cave, playing madden. Very fun name to say. Ladies ...
penguirker: New blog post: http://devilsadvocate.biz/bitcoin-upward-trend-a-prediction-for-legs-4-5/
BingoBoingo: I'm not headed that far north soon, but I'll keep a look out.
Naphex: trying to lax a bit before getting multicurrency live
Naphex: i got back a while ago, but mostly just sitting and idling
Naphex: "Andreas Antonopolous delivers a stunning presentation of crypto currency to a virtual room full of knowledge seeking students."
mircea_popescu: so i took fluffypony's advice and hired a coupla dozen fiverr kids. since pretty much the only thing they seem to be able to do that's useful is put up/distribute flyers on their campus, im having a coupla dozen do that
mircea_popescu: want a list of tumblrs ?
assbot: Gym Bags Full of Cash Is a Great Metaphor for Celebrity Tech Investing
BingoBoingo: http://valleywag.gawker.com/gym-bags-full-of-cash-is-a-great-metaphor-for-celebrity-1591996703/+laceydonohue
bitcoinpete: ;;later tell mircea_popescu thanks for the tips! i made a few amendments at those points.
jurov: no, i'll relauch it elsewhere in a moment
gribble: Error: 'dinos' is not a valid price input.
adrrr: mpex.co need a good redesign ^^
kakobrekla: a ok
gribble: http://www.urbandictionary.com/define.php?term=figjam | Also a song, "FIGJAM (Fuck I'm Good Just Ask Me)" by Butterfingers, an Australian band. Bob: "Ahhh, finished tiling that roof at last..." Alan: "Yeah, FIGJAM!".
adrrr: no it was just to explain to benkay that this is a joke
adrrr: the picture is a joke
pankkake: I like to have a narrow browser window and some websites really suck at it
pankkake: responsive is actually a good thing
adrrr: It's a good idea !
adrrr: oh so I'm a noob lol I didn't saw that
adrrr: that's not a problem of font
kakobrekla: would a smaller or bigger font be better ?
adrrr: sport bet website in bitcoins have bigger number than sport bet normal website. I think this is a good thing for bitcoin cause a lot of gamblers will realize that
adrrr: anyway this is a good website