259100+ entries in 1.913s
copumpkin: mircea_popescu: not sure if you're being sarcastic, but I actually do think it's
a pretty great thing
datz_: we have two exchanges,
a betting platform, an insurance platform, an investment platform,
a credit and wallet platform,
a chat platform - all in one
mircea_popescu: datz_ thats nice, but listing is purely
a fiduciary exercise. you have to be trusted, for which you have to be known. so you know, spend
a year reading the logs.
datz_: we want to pay homage and do
a funding round on MPEX
datz_: i run
a company we want listed
matthew_boyd: mircea_popescu: did you put
a 1000 btc bet that Bitcoin would be worth more than Bershire?
mircea_popescu: i thought he won't bet because all he had was
a 25 bitcent share.
TomServo: mircea_popescu: I don't see the harm in making it
a bit safer, the danger is still present
jurov: Any blog abut the brk-
a bet background?
ThickAsThieves: yeah, i suspect any violent increase in inflation would result in
a more abrupt increase in bitcoin value than BRK-
A mircea_popescu: that should make nice news for
a blogger wanting toi have some fun
mircea_popescu: gotta love these fiat guys. 0.00450000 at
a time, srsly, don't give yourselves
a hernia folks
Diablo-D3: seems like
a lost oppertunity there
Diablo-D3: .... you know, why has there never been
a financial blog for bears named bullshit?
mircea_popescu: i mean religion is one thing, as
a theological pursuit, you know, whatever, let's sit around and discuss the beard of the teapot in the sky
mircea_popescu: ThickAsThieves did you get
a little white tutu and everything ? or do they only do that for girls
Diablo-D3: it is
a cult and it is against God
Diablo-D3: ThickAsThieves: then the catholic church is not
a church
ThickAsThieves: due to them being the same day, i have an odd association with WWF and Catechism as
a child
Diablo-D3 never watched wrestling as
a kid, it was too much like soap operas for men
Diablo-D3: that was
a looooooooooooong time ago
mircea_popescu: which reminds me, when i was
a kid there was this wrestler dubbed bam bam biggelow
mircea_popescu: Diablo-D3 but i'm not
a brony. perhaps the only bitcoin veteran in this sad situation.
ThickAsThieves: Can you tell I've been reading TheRegister for more than
a decade?
mircea_popescu: lol ima gonna have to end up buying
a barony in the end
mircea_popescu: speaking of which "kardashian is
a hobbit" sp kicked ass.
nubbins`: living as
a parody of pop culture is more common
ThickAsThieves: in less than
a year I learned
a bunch of stuff about Buffet, and then the first letter I get to read as it is release, reads like satire
ThickAsThieves: and Buffet would say of this bet, "The bet is
a perfect example of why Bitcoin is
a bad investment, it is speculation and gambling at its purest!"
Neil: You mean, if you're not
a bitcoin believer? Then yeah. But I'm quite confident BTC will outperform Berkshire.
mircea_popescu: "honey, there's
a 1000:1 bet that berkshire will outperform bitcoin in 2014, and i'm not taking it"
mircea_popescu: you never know when
a diff bet comes and swoops the top spot you know ?
ThickAsThieves: i hope he hope his cheated-on wife makes
a similar video in 20 yeards
mircea_popescu: balulasch_ can you calculate the odds of
a block taking 30 minutes to solve ?
ozbot: An era ends today.
A new era starts today. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: dude how does this shit work. 35 minutes for
a block, then 3 blocks in 3 minutes.
Apocalyptic: why would he wait for
a tx to clear then ?
balulasch_: just read
a lot of the channels log aswell
balulasch: I visited bit777.com 2 days ago and looked at the total wagered Bitcoins. Cant remember the exact number but as I visited today I could swear that the number was at least 10,000BTC higher. This means there must be
a very huge volume. Considering the fact that bit777 is the property of casinobitco.in makes the companys stock worth on havelock seem heavily underrated imho.. I'm waiting for the new 2weekly statement like how I
Neil: The Bastille day bet could become
a big upset
Neil: gribble lowballing
a tad but it's tight
jcpham: and suddenly he had no
A, only B shares
jcpham: i found it funny he posted
a reddit thread about putting your money where your mouth is....
dub: we could at least run bitconi for
a year and the world would only be half as retarded
mircea_popescu: you don't understand, they're making the world
a better place.
dub: thats
a real problem
mircea_popescu: haha look at that, reddit generates 200 comments worth 20k words for
a 0.25 btc wager.
ozbot: BitBet - Berkshire Hathaway BRK-
A will close at over $185k per share before July
dub: Diablo-D3: nothing, its BAU.. I was offering
a reason for why amex is 'larger' than processors with more footprint
jcpham: apparently he backed out of class
A shares
ozbot: Legitimate Wager: 300 Bitcoins vs. 1 Class
A Share of Berkshire Hathaway : Bitcoin
dub: meh its too hard to explain how the world works to someone thats never had
a job
mircea_popescu: there's ample caselaw showing both the "putting
a gun to your head does not constitute forcing you" argument and the "minding your own business and cultivating your own field amounts to forcing other people" argument.
Diablo-D3: [10:02:38] <dub>
a US megacorp i worked for pushed an innordinant amount of what should have been internal txns out to amex
mircea_popescu: turns out trusting the usg isn't
a workable policy. who knew.
dub: expect there is
a lot of that going on, why run lean?
dub:
a US megacorp i worked for pushed an innordinant amount of what should have been internal txns out to amex
dub:
a Real Problem in the john kerry sense
dub: anyway having
a tiny fraction of the costs of incumbents sure sounds like
a serious flaw
dub: probably to process
a reciept for every bullet the USG buys
lnovy: still... it will be
a jaw dropper, you can bet on it
lnovy: it's will not be
a storage of value, so feel free, but it's doomed to fail anyway, it's only
a proof of concept same as huntercoin :)
lnovy: I'm trying to fix this in my coin, releasing asap™ (and no, it's not
a currency).
lnovy: electricity burned is almost directly transformed into network security which more or less directly affects price. The real problem and wasting is not with distributed mining but with nondistributed chain verification as this needs to be done by every participant indepently and every new member of network need to check whole chain. This is
a problem that will kill ethereum very quicky as you are actually not paying transaction fee for inclusion i
ozbot: The Bitcoin network costs nearly $1 billion
a year to run. : Bitcoin
ozbot: The Bitcoin network costs nearly $1 billion
a year to run. : Bitcoin
mircea_popescu: wao-ender i guess they'll call
a general mobilisation again
moiety: @savethemhood just appeared and tipped massive amounts and freaked me out. its
a super young twitter too
Apocalyptic: oh yeah I think you mentionned it
a while back
moiety: pet the dog! see you have
a ood day :)
moiety: i fancied setting up
a digital geisha type affair
moiety: totally! i think its
a makeup mask
moiety: whats up with the firstone's face? is that
a dude too?
moiety: he didnt have
a clue whathe was doing
moiety: we had
a locum from spain that almost killed everyone because they were trying to savemoney
moiety: i.e. how long it takes to become
a doctor
moiety: poor girl, i would chuckmyself under
a train