244800+ entries in 1.834s
mircea_popescu: <kakobrekla> hmm i think i had
a good reason regarding that lemme think << pwned.
fluffypony: supay: I think you miss my point; I am far from
a "gui-addict"
fluffypony: I hate windows, but honestly unix is
a piece of shit from
a usability perspective
bounce: what was that cartoon again? "make stuff work" on
a unix and you're incomprehensible, thus ignored. make stuff work on windows and you're
a god to be worshipped.
jurov: just
a repellant stick on the laptop
jurov: i don't even have
a doggone wallet
supay: BingoBoingo: will you give me
a +1?
supay: so that I can continue talking here and learn
a thing or two :)
Anduck: supay: now u can talk for
a while
supay: Could someone give me
a +1 rep so I could chat here?
ozbot: Drunk NYPD Officer Allegedly Shot
a Stranger 6 Times
rithm would see
a nigger in
a rice bowl for sure
dub: i been that nigger in
a rice bowl waiting to pop
a cap
fluffypony: dub: is that
a statement or
a request?
jurov: you know how they do it? they repeat
a referendum until they get Yes
rithm hands kakobrekla
a cookie anyways
rithm: ^ i have
a feeling i wouldn't have to change nicks then
kakobrekla: but is it really
a thing worth fixing ?
kakobrekla: hmm i think i had
a good reason regarding that lemme think
cgcardona_: then what you do w/ that ability to chat is up to you. at which point your wot score could plummet if you're
a DB
cgcardona_: supay: someone will usually rate
a new person
a 1 just for the purpose of v+ in here
supay: I don't have any btc to trade to get
a rating.
supay: so if i just register on bitcoin-otc with
a gpg key, I can continue chatting here?
benkay: nanotube: is there
a way to trigger an authentication request from outside irc?
gribble: Error: "kitten" is not
a valid command.
benkay: is there
a workaround?
cgcardona_: yea good advice. kakobrekla is
a sage indeed.
cgcardona_: that's
a good place to start w/ the high level wotupwidit
bounce: five hours old and
a cloak. quick work. where're you from? your name's not jenkins by any chance?
mircea_popescu: im just this guy that keeps naming things after himself in
a vain but ultimately doomed hope of surviving thusly.
supay: I was told that I could learn
a lot from this channel.
supay: mircea_popescu: Someone who wants to make
a lot of money.
bounce: the uplink was 64kbit ISDN back then. I think we split it out on
a box on campus with 100Mbit, which was pretty good for ~2000. for (possibly fake, as in from the next room over the pabx) dialin we cut up an old "second ear" on
a phone.
bounce: used to do some band mixing when nominally
a student, even did
a quick course on it. was kinda fun.
bounce recalls "doing internet radio" with
a kick mike (nice and low response on the voices), homemade spit filter,
a (PA) mixer panel, I forgot what for playing records, and, uh,
a couple peecees for the recording and streaming. (winamp on w95 with encoder plugin to icy server on linux, then somethingorother for multicast)
cgcardona_: but I'm working on
a bunch of new stuff so that's why i ordered the gear
Apocalyptic: mircea_popescu, it's fair to say he deprived himself from
a successful future
bounce: eh. so. uhm. advert banner: "
a highly addictive FREE adult game" under some not-especially-well-done renders of nekkid chixx with pointy ears in leia-bra, sporting wings, or atop
a unicorn. what'd they do, raid cghub and sell it as pr0n?
mircea_popescu: ruined
a reputation, lost
a stash, either of these'd have been worth millions in the future.
fluffypony: "proslimbs_ink i am not irish. keep working maybe you find
a potato. "
mircea_popescu: "On February 22, 2010, the company approached the city of Phoenix, Arizona with an offer of $10 million to rename the Sky Harbor Airport to Ashley Madison International Airport for
a five-year period. Even though the city was in financial trouble, it rejected the offer."
fluffypony: mod6: yeah, I remember pf being all the rage, and switching
a couple of boxes from fbsd to obsd because I wanted to use pf
mod6: i always thought it was
a pain to get it just right. once it worked, it worked good, i mean it did it's job. but i found it more painful for some reason than PF.
mod6: lol, then finally after like 10 years, fbsd merged it in as
a kernel option you can build.
fluffypony: if you have scrub in all in pf you're already
a-ok
bounce:
a valid question is why the guy made exactly these decisions and perhaps how whoever made him project manager came to that decision
multisignaturest: theres is
a an assbot calling me out... something called
a mircea+popescu saying !up
midnightmagic: mircea_popescu: yeah the flynn effect is reversing
a little unfortunately. it's
a race now, to advance technology to the point where we'll no longer need to advance it, before we can't do it anymore.
benkay: "Though Bitcoin’s value is predominantly speculative at this point,
a future in which Bitcoin obtains
a high and stable value would allow the creation of new financial contracts and mechanisms; these new arrangements would leave regulations and regulated industries in the dust, left to fight over the tawdry remains of those yet unable to migrate to the internet of money or those unwilling (but soon dead)."
fluffypony: tks pankkake, last played around with running
a honeypot ages ago
pankkake: well
a forum of scams. like that horrific forum about high yield ponzies
thestringpuller: ;;later tell BingoBoingo choose
a baseball game and we'll go send me
a later tell and we'll figure it out
bounce: you never know. next you know they breed
a horse that sings
fluffypony: and instead of spending
a small portion of the few thousand BTC donated to fix it
gribble: Error: "laserkitten" is not
a valid command.
gribble: Error: "laserkitteh" is not
a valid command.
gribble: Error: "laserkitty" is not
a valid command.
gribble: Error: "kittylasers" is not
a valid command.
mircea_popescu: i have, for like... i dunno,
a year or two ? BILLIONZ OF LINES!11
mircea_popescu: mpif may definitely end up with
a large cash balance, but this would be
a negative commentary on the btc financial space, rather than on mpif itself.
mike_c: ok ok. but this then all relies on you having
a very good idea what your nav is at
a given time.
mike_c: ok. obviously we will see how it plays out. but mpif will make 15% annually, which may end up meaning
a 80% cash balance.
mircea_popescu: except this example is 1 pc and mpif has 5, and this example has
a shock 15% month, which mpif prolly won't ever have.
mike_c: yes. so this goes back to what i said about the fund will end up carrying
a huge cash balance
mircea_popescu: at t=2, the sole manager that seemed to have been making
a 15% gain runs off with the whole shebang.
mircea_popescu: now, on model
A, the spot tracs this, and the share trades at 115
mircea_popescu: at t=1, the sole manager seems to be making
a 15% gain
mircea_popescu: now, anyone trying to get into this fund would first have to take
a 45% haircut, as mp tax.
ThickAsThieves: which was probably
a large point of the "excercise" of it existing at all ;)
mircea_popescu: so i guess your objection reduces to this not being
a high risk/high reward enough for you thing ?
mike_c: the invested funds will grow. that is worth
a premium. cash will not grow. so to keep the premium very small, cash must dominate invested funds.
mike_c: I'm going to try again. Funds can sell at
a premium or
a discount to NAV. You are basically saying you won't allow this above +/- 1.5%. The only way I can see to do this is to carry
a massive cash balance in the fund.
mike_c: ok. NAV is 100 btc and there are 100 shares. investor projects fund will make 10% this year. He values this highly and is therefore willing to pay 1.06 for
a share.
mircea_popescu: anyway, mike_c et all : his job is not so bad, he gets
a guaranteed 2.5% every time he flips.
mircea_popescu: alrighty, i'll give you
a pass on what looks like
a ~0.5% loss so far for may :p
mircea_popescu: i won't issue shares unless we're looking at
a 105% or something like that.
mike_c: now he needs
a good price for nav
mike_c: oof. nav is not
a spot price..