log☇︎
248300+ entries in 1.898s
HeySteve: speaking of due diligence, what is the WoT etiquette on a big name who doesn't wish to auth?
gribble: http://www.urbandictionary.com/define.php?term=due+diligence | Due Diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performa...
mircea_popescu: http://bitbet.us/bet/802/bitcoin-to-drop-under-300-before-june/#b31 this is gonna be a bet to watch i guess
gribble: Error: "goxlag" is not a valid command.
gribble: Error: "assbotlag" is not a valid command.
mircea_popescu: we're like a polity over here, and assbot is the bureaucracy. we can pass whatever resolutions we want...
mircea_popescu: i was just about to say, people think they can do due diligence, but universally they can not. however, there's going to be a living to be made in the future for those who actulaly learn to.
fluffypony: lol - "Herp Rating Agency is an initiative born out of the need for due diligence in the Bitcoin ecosystem.", but he gave Neo & Bee a "Buy Rating" a month ago
fluffypony: I must say, the one good thing about having spent a few years at a listed corporate is that you see all the red tape and regulatory crap
fluffypony: everyone "started a company" in their twenties, it's just that when I did nobody would've invested in it (even if I'd asked)
HeySteve: I'm watching a good film about a man who believes himself to be Sherlock Holmes, often the delusion is rooted in denial of some painful reality
mircea_popescu: the rent becomes 90% of all your expenditure, and wd! you've created a new us.
mircea_popescu: and within half a year just the rent extracted from you by all this bullshit
mircea_popescu: then next week you're also a horse riding expert
mircea_popescu: he had all the leverage he could possibly imaginably have : he didn't need a fixed date ; he was x-buying anyway. the publishers had nothing, he could have gotten any deal he wanted.
mircea_popescu: that's what truely separates the wayward (ie, erroneous) from the outright imbecilic (ie, rookie) : he didn't even fucking bother to get a good deal.
mircea_popescu: neobee did not have more money than the average cypriot bank, and so a media overbuy strategy was a loser.
mircea_popescu: not a bad one.
fluffypony: don't advertise when you don't even have a product
mircea_popescu: (to be clear, since he's made so many : the one where he bought out all the advertising in a market, for a day)
mircea_popescu: maybe they should have hired A cup chicks to dance in a circle around roger ver, in their underwear.
fluffypony: he should have tested the waters with a small budget and measured the results
fluffypony: so he researches and finds a domain expert
fluffypony: the CEO/manager/whatever does a ton of research, and realises it is his not his expertise
fluffypony: a new business wants to do advertising
fluffypony: academically not maths - informatics and logistics, so only a smattering of maths
fluffypony: on the topic of stupidity - you mentioned in a post that clever people learn by observation, and stupid people learn by direct experience...but I'm not sure if I agree that every lesson *can* be learnt by observation
mircea_popescu: there's a post abouit how communication is inexistent,
fluffypony: "So then MPEX.co creates a barrier to entry by being extremely strict with listings, depending heavily on the WoT for trust and on GPG for contracts, and charging a 30 BTC fee to register as a trader (alternatively you can use a broker like CoinBr. This prevents scammy listings and (generally speaking) means that investors are of the sort that have money to invest and the rationale to think things through.
fluffypony: not yet, just posted it a few mins ago
fluffypony: yes - and hilariously there's now a call for regulation and barriers to entry
HeySteve: good to hear it's a thing
HeySteve: been levelling it out for a badmington court
ozbot: Neo & Bee – A Statement By Andreas M. Antonopoulos – A consultant’s perspective | Andreas M. A
fluffypony: http://antonopoulos.com/2014/04/18/neo-bee-a-statement-by-andreas-m-antonopoulos-a-consultants-perspective/
gribble: Error: "depth" is not a valid command.
mircea_popescu: so pee on a fire hidrant.
mircea_popescu: ;;later tell bitcoinpete anyway, i was saying that teh yurpeans also had the sort of war-as-a-sporting-event thing, before the french "republic" invented socialism. they worked just fine for evereyone (yes, including those least qualified to form an opinion on the matter).
mircea_popescu: ;;later tell bitcoinpete so i just tried to put a comment in, but "forbidden please enable javascript". as if.
mircea_popescu: the place where everyone's a genius. unsurprisingly, somewhere in california.
mircea_popescu: "Pros – -Everyone at Clinkle is a genius of high caliber"
mircea_popescu: ;;later tell jborkl the only thing asics are good for is that it's no longer perfectly feasible for an actor with a fab to take over the chain. it's not something wanted, but moreover something that couldn't be avoided.
mircea_popescu: what if there's going to be a scam report next from garr that goat sold him THE CHEAP SHAREs
kakobrekla: but yeah, i can see him reasoning that keeping the cheap shares is a good idea
kakobrekla: he is putting himself in a bad position
kakobrekla: 03:39.19 ( +mircea_popescu ) ".6 for the shares I bought at .6 or higher. I have all the other shares, some were bought at .1 or so. I got 80% back and saved me a few years of courts and whatever (and he saved 20 years in jail). " this crap makes exactly 0 sense. < it doesnt need to make sense, goat is an idiot but garr is bigger one. it is possible he bluff pressed it.
mircea_popescu: i thought we were discussing a hypothetical
artifexd: Just for a short period of time. :)
mircea_popescu: ".6 for the shares I bought at .6 or higher. I have all the other shares, some were bought at .1 or so. I got 80% back and saved me a few years of courts and whatever (and he saved 20 years in jail). " this crap makes exactly 0 sense.
artifexd: Colors was just a possible implementation. The real point was to have the gribble auth status in the logs.
mircea_popescu: so basically cognitive is the name of a zombie
mircea_popescu: kako is not a koloring book.
benkay: I got a warning from nickserv saying it will kick me.
kakobrekla: well i guess i try to give the lungs a bit of rest each night so the bedroom is smokeless.
mircea_popescu: lol kako is a turk. sits in bed all day and smokes.
kakobrekla: sitting by pc is like a caffeine injection
mircea_popescu: artifexd a major point perhaps not so specifically stated in the article is that an actually working wot has two parts, the wot (ie, graph of relations) and the channel (ie, graph of conversations). they support each other, and the "real" wot is their juncture, in a sense.
kakobrekla: a
mircea_popescu: dignork a cool.
gribble: Error: Could not find a pending authentication request from your hostmask. Either it expired, or you changed hostmask, or you haven't made one.
ozbot: Starting a new FPGA mining farm/contract Cognitive Resurrected on[Havelock]
kakobrekla: so thats a point.
thestringpuller: not a bad idea
artifexd: kakobrekla: It would be awesome if logs.bitcoin-assets.com could indicate if the person making a statement was authed with nickserv and/or ident with gribble at the time he/she made the statement. Like color coding the log entry or something.
kakobrekla: theres a slight possibility
kakobrekla: (condensed a bit)
artifexd: mircea_popescu is saying that if I were to see both ratings I would have a view of what happened such that I wouldn't need to ask anything about it, but, if I ignored one of the ratings, I would have a different view of what happened such that I would need to investigate more and thus possibly expose a falsified event?
artifexd: <kakobrekla> Ok, lets assume a simple case, with s1 and s2 which are both legit. <- If we go with s and n as malicious/legit modifiers, how can s1 and s2 be legit?
thestringpuller: i hope there is a hot chick in that shower with you kakobrekla
kakobrekla: ima gonna get a shower.
artifexd: So "suspect to be sx" means "suspect to be a malicious node".
artifexd: I have not. A sybil attack is something that I thought I understood.
artifexd: kakobrekla: Is that article from #bitcoin-assets logs or a summary of a verbal discussion.
fluffypony: take with a pinch of salt and make up our own mind
artifexd: There are multiple ratings that exist only to move aethero's rating in a specific direction.
artifexd: Take a look at http://bitcoin-otc.com/viewratingdetail.php?nick=aethero&sign=ANY&type=RECV
fluffypony: thus the issue only arises when n(2) maintains a microscopic view and disregards the WoT in favour of observed or hearsay indications of "trust"
fluffypony: so if n(2) had a macroscopic view they would see the rating given by n(1) ?
artifexd: How is that a problem? n(1) could rate you appropriately. n(2) could not.
fluffypony: so then is it a matter of macroscopic vs. microscopic views of the WoT as it relates to a single entity within the WoT?
mrstickball: its not hard to use a script to defeat automated Reddit WOT bots, too
artifexd: So actors A and B were good, trustworthy people until they fucked up. But actor C only sees one of them fuck up. <- Am I tracking so far?
thestringpuller: they fuck up a legit thing
artifexd: I got the whole "If too much of the wot acts in unison, it largely defeats the point of a wot" part. It was the last part about only witnessing half the herp derping that lost me.
bitcoinpete: fluffypony: he is a nice bloke. he's also a giant ape lol
fluffypony: but he seems like a nice bloke
fluffypony: Ishmael sure does a lot of frowning
fluffypony: but I'll give it a spin
fluffypony: it's 10:30 and I'm 3/4 of a bottle of wine down, so not sure if I'll appreciate an article that consists of more than 4 paragraphs
TestingUnoDosTre: I ate some taffy and it really started kicking in after a couple hours. Guess it absorbs better after you eat a fatty meal
cgcardona_: different time frame w/ edibles. They are just as good but you gotta wait half an hour or so. Sneaking a quick vaper is always the way to go. (if that's your thing of course)
thestringpuller: eat a cheba chew while tailgating
cgcardona_: i take a vape pen in now. WIN
fluffypony saw a handful of Cards games
BingoBoingo: Braves always have a solid team.
thestringpuller: or a half season pack
thestringpuller: BingoBoingo: you a baseball fan?
fluffypony: make me do actual work on a Friday night
BingoBoingo: fluffypony: I did half of that already, the rest is between you and a reference work on the subject.
fluffypony: BingoBoingo: plz explain like I'm not a baseball person?