236700+ entries in 2.431s
Apocalyptic: <dignork> also it's funny to call
a "leak" something that is published on their site in specs :) // gotta attract the audience
fluffypony: well I'm trying to lose weight, but I suppose you could call me
a round
dignork: also it's funny to call
a "leak" something that is published on their site in specs :)
nubbins`: bitcoinpete is having
a hard time figuring out
a few things
gribble: Sent 2 weeks, 1 day, 23 hours, and 30 minutes ago: <bitcoinpete> have
a couple of the lealana physical coins (2x10, 2x25) but i'm having
a hard time figuring out what they're worth. could you point me in the right direction?
gribble: Sent 3 weeks, 3 days, 17 hours, and 9 minutes ago: <jurov> chan clamors for -assets tshirt i recommend the disck surgery motive and Sent 2 weeks, 1 day, 23 hours, and 30 minutes ago: <bitcoinpete> i have
a couple of the lealana physical coins (2x10, 2x25) but i'm having
a hard time figuring out what they're worth. could you point me in the right direction?
kakobrekla: argle bargle im not
a newb im just anon.
pankkake: (though my old key was signed by
a person I've known for years)
mircea_popescu: "The strong set is the largest set of keys such that for any two keys in the set, there is
a path from one to the other."
☟︎ mircea_popescu: Namworld: fluffypony, the real world doesn't care about reality. << more like the reverse. reality doesn't care for whatever set you happen to have mislabeled as "the real world". probably
a selection of terminally unemployable couch surfing webexperts.
mircea_popescu: this is how england worked, back when it was still
a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you << "During her premiership Thatcher had the second-lowest average approval rating, at 40 percent, of any post-war Prime Minister. "
mircea_popescu: so was this
a kinda lame attempt at social engineering or what.
Namworld: It's really about simulating
a complete system of interacting atoms.
Namworld: It's
a very small amount of matter compared to the universe. I'd assume we can refine technology close enough to simulate it accurately, or almost, given the resources out there.
punkman: I have
a working reddit brain simulator
Namworld: Well I'd be
a bit surprised, but yes. That's always possible.
Namworld: Simulating/scanning
a live one properly and actually controlling thoughts through simulations and predictions of inputs effects would probably require computing power and an amount of energy that just isn't realistically feasible for centuries.
pankkake: they're already feeding
a large chunk of the population with antidepressants
atcbot: [X-BT] Bid: 144 Ask: 270 Last Price: 273 24h-Vol: 0k High: N/
A Low: N/
A VWAP: N/
A jurov: this is how england worked, back when it was still
a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you
fluffypony: the person is
a) known, b) trusted by some when trading / lending / borrowing / dealing, c) has been around for
a while, d) has not absconded with funds in the history of their presence on the WoT
fluffypony: Namworld: I think that
a starting point would be historicity
TheNewDeal: that's with
a 13.35 day total time between diff changes
cazalla: don't sweat it TheNewDeal, it's
a lock
TheNewDeal: I felt the desire to take
a risk with an
a decent amount of my capital on something that actually can be calculated easily
TheNewDeal: I've got
a lot of my stake invested in the Bastille Day, starting to make me sweat
benkay: TheNewDeal: care to take
a guess at when the diff will finally reverse?
TheNewDeal: I'm pretty noobish at modeling
a random walk though
TheNewDeal: my model is with starting hashrate of 83.5 PH and
a daily growth rate of 1.0095
gribble: Error: Something in there wasn't
a valid number.
TheNewDeal: still looks like there should be
a third change unless things start going backwards
smickles: ah, speaking of that. I have to give them
a bath. bb in 20 min or so
smickles: do people get de-voiced if assbot has
a low L2 of them?
mircea_popescu: we even have
a secretary now, with
a phone number and everything.
TheNewDeal: the way they report it now - with bets made taken as
a windfall, and bets resolved as
a gain, kind of hides their results of their bets
TheNewDeal: specifically, why doesn't bitbet have
a report like "bets pending, resolved, gain, etc"
TheNewDeal: MP i've got
a question about reported results for btc companies
mircea_popescu: which brings us to the problem : because bitcoin is fixed,
a 95% investment situation will be unavoidable statistically. as the value of all paper will much exceed the value of cash btc available, willy-nilly.
mircea_popescu: mike_c well amusingly enough i actually am holding tons of paper. just, it's to
a large degree my own.
mircea_popescu: soyou know, gotta take what the man says with
a gtain of salt.
mthreat: buffett talks about that
a lot, e.g. from 1994: "Though there are as many good businesses as ever, it is useless for us to make purchases that are inconsequential in relation to Berkshire's capital. … We now consider
a security for purchase only if we believe we can deploy at least $100 million in it. Given that minimum, Berkshire's investment universe has shrunk dramatically.
mircea_popescu: and in that context,
a large capital base works you no harm.
mircea_popescu: this is why i introduced the bitcoin gambling thing. to point out that the world is
a snowglobe whether you are big enough to notice or not.,
mircea_popescu: but would be the opportunity of
a lifetime for
a random girl off twitter.
mircea_popescu: like you know,
a dribblet of cum i spilled on the floor is something my well sated slaves ignore
mircea_popescu: it's
a waste of everyone's time, just, others don't have the luxury to notice.
mike_c: it is the opportunity of
a lifetime for the guy with 100k.
mike_c: because it is
a waste of yoru time.
mike_c: with
a huge capital base you don't even consider the pizzerias
mircea_popescu: mike_c well, there's this chain of pizzerias, which will be doubling each year for the next decade, yielding
a bunch of pizzerias.
mircea_popescu: to put it another way : behind door
A there's
a bacterium. in the proper agar it doubles every half minute. behind door B there's
a naked buxom beauty. you can pick either door, the prize will be entirely yours to dispose as you please.
mike_c: only so much time in the day. it is unprofitable to spend it on endeavors that can't return
a reasonable percentage on my enlarged capital base.
mircea_popescu: as
a smart guy you can still say all thestupid shit you may want to say
mircea_popescu: as
a hot guy you can still fuck all the ugly chicks you want
TheNewDeal: but even your 2/3 chance of
a 2X payout, kelly says to bet
a fraction of your stake
mircea_popescu: but if you were proposed to either lose all your btc or win all the btc there are, then it'd be
a fine shot ?
TheNewDeal: its
a place to dump btc that you no longer wish to own
mircea_popescu: consider all you have is 100 btc, and jd offers you
a shot at 200 btc. would you take the deal ?
mircea_popescu: the more
a % of your stake the income is, the more risk you take.
mircea_popescu: TheNewDeal now model
a beting situation where you also have income
mike_c: if you have
a 5% edge, bet 5% of your bankroll
mike_c: i gotta pop off for 30 mins. back in
a bit and will continue if you're still around.
mike_c: i wouldn't want to be him because he's trying to grow
a capital base of $200B.
mike_c: let's take
a fiat example. warren invests in good companies with durable competitive advantages and global footprints. what's the class risk? he only invests in good companies?
mircea_popescu: the class risk is that in general, all the fashionable stuff in any space tends to go belly up together
a lot more than
a "unrelated" model would seem to indicate.
mike_c: JD is not actually running some elaborate fake movie on its site while secretly running
a ponzi.
mircea_popescu: the reason the theoretical you wants to buy "shitty" investments is that buying all the good investments and only those exposes you to
a class risk
mike_c: i'm not saying put 95% of your cash in pirate. or in
a variety of investments that are all actually putting their money in pirate.
mircea_popescu: french aristocrat from
a family that had been doing banking for centuries
mircea_popescu: can't fucking argue with you without
a degree in mikeity.
mike_c: why sit around with
a huge cash balance that isn't growing when there are good investment opportunities?
mike_c: ok. seems like
a broad definition, but then yes, i suppose the theoritcal me is invested in securities.
mike_c: theoretically JD isn't
a security, it's bankrolling
a casino.
thestringpuller: "if your brother was
a good king, he'd still be alive" -tywin
mircea_popescu: frankenmint: why couldnt i simply pass on the link directly to the cli << you could open the link in
a browser and past the contents directly to the cli
benkay: leastaways that's how i've always read it. odds of me being wrong on
a thing are like 9:1
mircea_popescu: imagine,
a whole people of men who don't have to worry about their thin spot anymore.