255700+ entries in 1.704s
mircea_popescu: ;;later tell mircea_popescu remind me in 10 years to neg Bugpowder if his "
i will never be frail" promise turns out to be made of milk.
mircea_popescu: nubbins` when
i was a mobster
i didn't wanna go live with all the other mobsters. generally this seems to be a common trend, too, people don't seem to go "a shit, you know what'd be cool ? let's move upstate. the city's a toilet!"
Bugpowder: warned them not to manic sell if it were to drop...
I hope the held on...
nubbins`: mircea_popescu:
i remember a while back this guy on the forums had a huge thesis-length post about "bitcoin land", a place where bitcoin would be used everywhere
BingoBoingo: mircea_popescu: Ah,
I must have confused futures and options
mircea_popescu: nubbins` they were trying to sell me on the thing.
i tell you
i don't see it, why would you want to go hang out there ?
Bugpowder:
I think it was their life savings :(
Bugpowder:
I sold $20k to a nice family of four in Santa Monica
nubbins`:
i bet it's full of insufferable assholes
mircea_popescu: BingoBoingo
i never marketmade x.idiff ?! what are you talkin' about ?
mircea_popescu: ;;later tell dexx7 guy was actually emailing me about the thing.
i sent him a list of no's and the way we left it was he's gonna lurk here for a while figure shit out.
bloctoc: …if the power goes out, we go back to cave - yes crypto or no crypto that's true. Same argument for breaking SHA256. As far as crowdsource law it will be nice to see some template corporations that get set up by copy/paste instead of paying a lawyer $10K to copy/paste. For what it's worth,
I do think the smart contracts will do that for us.
skylax: bloctoc:
I suppose the efficiency of crypto will erase many of worthless industries, but crowdsource law is pretty complex and unreliable so some kind of institution will still be present, if somehow someone made crowdsourced law work, then this method would be used in all legal fields such as commercial law and criminal law etc. Also to mention crypto if heavily technology dependent, if the power goes out, we go back to cave
bloctoc: … unless "cryptostocks" is more than some generic term. In which case
I never heard of it.
bloctoc: If
I knew MP personally, then sure. but MP might be the FBI for all
I know.
bloctoc:
I'm pretty excited about the functionality suggested by mastercoin, ripple, and colored coins.
I get that all those are not solid technically yet, but the direction is clearly laid out for those who care to believe.
BingoBoingo: benkay: Sycophants aren't a bad thing, either to have or to be.
I will admit though that mircea_popescu has made some poor decisions like Market Making X.idiff.
bloctoc: skylax you mean like China blocks CNN? There's no battle right now, at most there's fincen bragging that they found a way to fit bitcoin into their own status quo.
I really suspect bureaucrats everywhere don't give a shit except that reporters only want to talk about bitcoin.
BingoBoingo: skylax:
I think you are mistaken. Bitcoin is now the law and BitBet the court.
skylax: @bloctoc they could easily block the protocol channels of any bitcoin related subjects. RIght now there is a bit of battle going on between bitcoin and legal institutions, if bitcoin wins, meaning it can bypass the law, then
I'm pretty sure a lot of other things in society will probably be used to bypass the law in the same manner.
BingoBoingo: bloctoc: Why would
I want to consider parting with something valuable like BTC for a consumable like toothpast though.
benkay: BingoBoingo: it doesn't look like they use localbitcoins.
i wonder if that's even an option for them.
BingoBoingo: asciilifeform:
I imagine few consumer things being as loud as a Netburst era Pentium 4, for most definitions of loud.
mike_c: so the good news, as far as
i can tell, is that you have to be decrypting a known, specially crafted message.
the20year2: The hope/assumption in the beginning was that we would be able to outpace the appreciation of bitcoin through the way we are handling real estate. Growth has been fantastic, but it hasn't outpaced bitcoin like we'd hoped. So, then the hope later on, and it hasn't come to fruitition was a reverse hedge against BTC.USD drops like what we've been seeing.
I tried to get investments again when BTC hit $1200 and few
I talked
mikaeldice: Dual purpose: If nobody hacks it, this adds evidence of 'sufficiency' with the security, and if someone does hack it then
I can patch the holes and reinit the prize until no more holes are found
mikaeldice: A tiny bounty, but no entry fees.
I don't want to take people's money, even if it'd make the challenge more interesting. At the same time, with little to gain,
I would make the bounty much smaller
mikaeldice:
I need some time to set it up.
I don't want people calling it a scam, so
I might just put up the server and make it a free for all
mike_c: ok. good luck.
i think you're playing with fire, but hopefully you make it.
the20year2:
I will once
I feel that we're sizable enough to warrant a PPM
mike_c: ciphertrade.. that exchange that hasn't launched yet.
i have this bad feeling about where you're headed.
the20year2: We're doing pretty good overall IMO business wise, but
I need access to more capital, sadly.
the20year2: Yeah,
i'm looking at any exchange realy, but
i'm worried about legalities and trying to avoid future problems
the20year2:
I didn't realize he was the foudner of mpex. Is he the one that deals with issuing?
the20year2:
I'm asking this specifically in terms of doing this with backing up coins as a specific set interest in income producing real estate here in the US , then trying to figure a viable way to pay back coin holders interest
pankkake: beware that if you add trust line for the same currency (
i.e. btc) it can decide to exchange it between issuers without telling you
the20year2: Is there a way to generate an altcoin that can pay out in other coins?
I keep kicking around this idea of a coin backed by physical goods/items, but don't know a way to do it without inflating it , or paying out to holders
taub_:
i hope this is the lower range
Namworld: It's completly keeping me from sleeping.
I'll have to turn it off.
Namworld:
I got a new electronic thermostat and the heater in the room makes a faint but very strident noise. The problem is the new thermostat alternates the heater on/off every 5 seconds. Not often enough or infrequently enough to fade off to not notice it.
Namworld:
I've got the most stupid issue ever...
ozbot: Butterfingers -
I Love Work - YouTube
ozbot: Folk Uke
I Miss My Boyfriend - YouTube
chsados:
i hope
i dont get funds taken :(
chsados:
i did this bet 18-12-2013 Pending BTCChina Will Cease All Fiat Methods of Funding
Vexual: thats why
i dont own a lamborghini
nubbins`:
i hear men with suits flay the calves each day for the seat leather
truffles: asciilifeform those methods u desribe are what
i thought bitcoin would be, not more of the same..
truffles: dunno how
i feel about this one
Vexual:
i even sued a law school
i wasn't enrolled in for wasting my time and they settled
truffles:
i feel like google is broken,
i get relevant stuff at page buttom
amidvidy:
I use stack overflow for all my critical thinking needs
Vexual:
i attended a lecture once, asked 3 questions; stack overflow
amidvidy: a recent systems course
I took hammered that point in quite hard by having us read Google's "Paxos Made Live" paper
Vexual:
i also salute tou ascii
amidvidy: asciilifeform:
I think
I agree with you at a high level, that may be useless to try to reconstruct btc-based analogs of traditional institutions. That said,
I think a p2p exchange could be useful
amidvidy:
I guess
I believe that the problem *can* be solved technologically. Just as bitcoin was a better technological solution than say, the Liberty Dollar
amidvidy: but
i think there is a legitimate demand due to the takedown of sites like bitfunder, btctco, glbse, etc.
mircea_popescu: but
i guess most need to learn from their own experience.
amidvidy: wow, that is pretty persuasive. Regardless,
I've been designing a Kademlia based exchange, with support for market and limit orders.
amidvidy: mircea_popescu: interesting, but
I disagree.
mircea_popescu: "
I am Barrister Prince Paul Adeola a solicitor at law." <<
jurov: pizzaman1337:
i'd wait for davout and ask him
pankkake: the day
I discovered
I could get away with being lazy,
I never stopped
benkay: so
i wrote some options on options so you can leverage while you leverage
pankkake: yo dawg,
i heard you really like options
benkay: yo dawg
i herd u liek risk
davout:
i quickly went back to the some-farmer-sells-wheat-for-june
davout:
i opened the last pages of the book
i'm reading and fell in shock discovering about options on options
davout: hah
i'm educating myself on derivatives
mircea_popescu:
i'd allow an option on the future just for the hell of it if someone signed some serious mm ing commitment
davout: but without really thinking about it at all
i'd assume you'd be better served with options if what you want is leverage
davout: the way
i see it this contract has a couple main benefits
pizzaman1337: yeah;
I guess you're not getting any extra leverage by buying here