log☇︎
243100+ entries in 1.757s
Bugpowdurr: I respect the position of not wanting to participate in epiphenomena, but this attitude is exactly the same as what Joe Phil Morgan types use to talk themselves out of making bitcoin investments. Or Tren Griffin into thinking that alt-coins are where its really at.
Bugpowdurr: It went from 25 to 290 satoshi... I had 20M I bought low and sold at 50 to rebuy on a dip. Felt like I had been unfaithful and was punished.
mircea_popescu: and honestly, if i wanted fiddy grand out of a bunch of cali retards a) i wouldn't spend 80 grand to get it and b) i wouldn't bother this many people with the nonsense.
mircea_popescu: anyway, the reason i put zero stock in whatever the us folk get "pumped up" about is because that's what they do for the sake of doing it. they have nothing to talk about so they tell each other how excited they are about random, unremarkable stuff.
Bugpowdurr: I think it could really appreciate in value and I could flip it for 10x
Bugpowdurr: I really do want some ATC.
pankkake: I'd think it's mostly because information flows faster. and there's almost unlimited bandwidth
pankkake: last time I presented something in public, no one understood what my project was
ThickAsThieves: i thought that butt was gold for a second
BitcoinPropagand: i just did it
BitcoinPropagand: idk i'm just a tourist
ozbot: Here's where I spew my accusations against MPOE. All are welcome.
nubbins`: i'm leaving because i'm listless
kakobrekla: yes, time is arbitrary. i have been saying this for years now.
KRS-One: I learned a little something in college.
KRS-One: I'd have to disagree with mircea_popescu. I mean look at K-Mart it was bought by sears and nobody liked K-Mart.
KRS-One: I still think even though there are companies with bad reputations that buying the brand is still worthwhile and even adds to the balance sheet.
pankkake: I guess it's why I got sucked into it!
BingoBoingo: nubbins`: Prolly cause I'm awake when the Aussies are.
nubbins`: i think it's your nick
nubbins`: why do i think you are?
BingoBoingo: nubbins`: I'm not an Aussie. Wallabee would be too expensive to fly out just for that.
BingoBoingo: pankkake: Maybe you are Sparc, while I am still 68k
BitcoinPropagand: i see.
pankkake: I've only bet 3×0.01BTC at 0.0099% chance
BingoBoingo: pankkake: Well another upside to the lotto is most of my losing ticket I can know goes to miseducating the children.
BingoBoingo: asciilifeform: Lotto has a longer lead time until chance renders its verdict. I like to savor the tension.
BingoBoingo: If I win though, I'll probably add 50 BTC to my holdings.
BingoBoingo: Well it was for the little lotto so I have a 1 in 500,000 chance of winning.
BingoBoingo: mike_c: I made the unluckiest bet of all. I bought a lottery ticker with my vodka from the Arab store.
BingoBoingo: Thank you. I already had the delicous birthday dinner. Roast beef tongue.
KRS-One: Happy Birthday dude..not sure what the whole thing is on birthdays anyway..I passed the last 3 without any fanfare.
mircea_popescu: should i plug my keyboard into a large block of cheese ?
KRS-One: Im not making an argument for that really but i dig.
BingoBoingo: I still have no answer to my wondering if maybe Mark Gox has a touch of Downs.
Duffer1: i took that to mean something else...
Duffer1: ohh i see like trilema asset reports
Duffer1: brand presence sure but i wouldn't really call it goodwill :P
KRS-One: They can get bought out too before anything drastic happens, I'm sure.
KRS-One: That gox bet stinks, if they arent insolvent I'm sure they will be above $150
BingoBoingo: Bugpowder: I'm tied up in other things atm.
ThickAsThieves: i took no on that bet
Bugpowder: BingoBoingo: I think there is an 80% chance that resolves as yes.
kakobrekla: <mircea_popescu> i mean this channel was fundamentally born out of some clueless noobs' inability to grok that intelligent discussion is more important than avoiding displays of cunt. < not really, was just to impress girls.
Bugpowder: I DON'T KNOW WHAT THAT IS
KRS-One: i will
KRS-One: i took just-dice money and they arent getting it back
Bugpowder: I had to add it to my hosts file
ThickAsThieves: <WillTablet> I mean, I haven't even figured out my intense social problems, nor stopped procrastinating // dont confuse procrastinating with not wanting to do stupid shit
mircea_popescu: if they did what i propose you'd have a baby boom on your hands atm
ThickAsThieves: <Bugpowder> Do you have charts? I need charts to do TA. /// http://atc.blockr.io
ThickAsThieves: dammit i'm missing good conversations
BitcoinPropagand: I need to know more about that program of propaganda
mircea_popescu: so i wouldn't have been the only one huh,
nubbins`: mircea_popescu:because i'd be interested in supporting a program of propaganda against us banking interests signed MPEx/BTC
asciilifeform: i actually entertained myself at the wash. d.c. 'occupy' regularly, until it finally croaked. got GBs of video of these folks clowning around in a thousand riotously inane ways.
mircea_popescu: i wonder what'll happen once teh bitcoin forum crowd finds out there actually are plenty of irl banks that work exactly this way.
mircea_popescu: and i'd have been all like a well.
mircea_popescu: i'd have had my printer print special PRIVILEGE CHECKs
mircea_popescu: i'd have been all like "but yo, if there's no more banks, were'd you check your privilege ?"
mircea_popescu: you know, i'd have gone to work early and hung out with the bums half an hour.
asciilifeform: i still don't grok this. did anyone actually wish to use freicoin? or merely for others to use it.
cads: I heard about it from, get this, a grungy muddy finance grad student living with two other grungy dudes in a 300 tent colony that had sprung up in one of the main parks in the center of atlanta
mircea_popescu: cads o i missed a sarcasm there.
mircea_popescu: i could have just bought out the damned billboards if that was the angle i wanted.
cads: mircea_popescu: I'm mostly laughing at freicoin.
benkay: you and i are both using "impossible" in the sense of "impossible for you or most other people"
asciilifeform: i still don't get how that was supposed to work. 'eat shit! it tastes just as good as food! trust us'
mircea_popescu: and yes, i thought it's a good match, it's about as misguided as the people that came up with it.
mircea_popescu: i'm kind-of surprised there isn't a localbitcoins but for activists.
cads: I was wondering about Bugpowder's earlier statement. Is this writer an idiot or a smooth PR savage?
benkay: i'm pleased that 'fractional reserve' is now an insult.
cads: first of all I just have to ask, 'wtf'?
mircea_popescu: i did the exact thing with Trilema posters in Romania five years ago, country was fucking full of stickers and whatnot.
BitcoinPropagand: where can i see some of that?
benkay: i need something btc to do that's not this damn parser
benkay: i'll go bike around town wheatpasting 'em
mircea_popescu: because i'd be interested in supporting a program of propaganda against us banking interests signed MPEx/BTC
mircea_popescu: i mean this channel was fundamentally born out of some clueless noobs' inability to grok that intelligent discussion is more important than avoiding displays of cunt.
mircea_popescu: i wouldn't go as far as to say it's bad for science, but it definitely is inconvenient for anyone not an idiot with a nature subscription.
cads: I don't know enough or care enough about mt gox to know what is going on there, but there was no mention of the bug or the millions lost
cads: hmm, I might have an example of convenient narrative. I read an article of a blogger hyping maxcoin. She claims something about the mtgox situation that I can't quite understand, but seems to level the accusation that mtgox was engaging in fractional banking.
mircea_popescu: i imagine it'll be a good day when most of the people commenting on Nature are going "hey guise Nature is nasty I am ignoring it hahaha!"
mircea_popescu: Bugpowder aww and i was eating all these oranges trying t oturn my stomach into an octopus!
mircea_popescu: cads except it doesn't even do that. all it says is what i said above,
cads: Bugpowder: I figured it be strange for miners to predominantly sell at the market price
mircea_popescu: Bugpowder no argument, i just thought he actually published something useful / put some work into actually applying it or w/e.
Bugpowder: Twitter exclusively from what I've seen.
Bugpowder: mircea_popescu: Nothing that I have seen. Just likes to blather on about theory of alt coins and bitcoins and VC shit. The whole Andressen Horowitz Twitter axis does it (Chris Dixon, Balaji Srinasivan, and Marc) Not a bad follow though
cads: yeah, sorry guys, I was expecting it to be two or three lines
benkay: A : I thought - what would attract young users to Linux? So I created this idea after a lot of reading and work.
WillTablet: Which I use 50/50 with windows
WillTablet: Well, procrastination I'll figure out tomorrow
WillTablet: I mean, I haven't even figured out my intense social problems, nor stopped procrastinating
WillTablet: Actually, I don't think I have time in life for BTC
WillTablet: And be like oh yeah I knew it
WillTablet: mircea_popescu: so should I just play along?
mircea_popescu: i guess this makes me like one of the early atc success stories / nouveau riches.
mircea_popescu: amusingly, i bought a bunch for a third of that two weeks ago
WillTablet: So why must I quit this Microsoft habit?