log☇︎
259300+ entries in 0.096s
mircea_popescu: http://bitbet.us/bet/786/bitcoin-to-surpass-berkshire-as-an-investment/ << whooa over 5k huh
mircea_popescu: cazalla: i am very upset over this fork talk << eh, nothing to get excited over, a little bit of war.
mircea_popescu: TomServo herbi stopped by ? you two are liek friends ?
mircea_popescu: http://stats.bitcoin-assets.com/ << this new year's was nothing like last years'
mircea_popescu: by all means.
mircea_popescu: except, of course, as i shown above, if they bet rationally they do have a rational incentive to move the odds if they believe the odds.
mircea_popescu: ...
mircea_popescu: well OBVIOUSLY then it's also the only way to lose money. eh ?
mircea_popescu: in which case your 1 will have to be covered to maintain the 60%. do that.
mircea_popescu: was that market is at 60^
mircea_popescu: your presumption HOWEVER
mircea_popescu: but that's not because of the system. that's because of market inefficiency (your bet didn't get covered)
mircea_popescu: yes, if the 1 doesn't get covered you make a loss.
mircea_popescu: it's not, because you're looking at a dynamic situation as if it were a photograph.
mircea_popescu: ie, put some btc aside in their pocket
mircea_popescu: (ie, people betting one single side THINK they are. but they aren't. they should reserve the other anyway, if playing sanely)
mircea_popescu: it doesn't matter what you bet. i put both wagers down explicitly to get all terms on the table and leave no stone unturned.
mircea_popescu: lmao
mircea_popescu: mike_c statistics baby.
mircea_popescu: and i'd argue it's fair you realise SOME of the 60-65 difference but not all, inasmuch as well... you're both on the right side of 50%, just you're 50% closer.
mircea_popescu: yes.
mircea_popescu: (if you throw 1 btc blindly on a 65% odds event you should overall make .65 back)
mircea_popescu: minus a good chunk, granted. but still +
mircea_popescu: so you are about at your .65
mircea_popescu: 1.223563603 / 2 = 0.611781801
mircea_popescu: and 3.9 / 63.9 of 11 btc = 0.671361502 if no.
mircea_popescu: you own 2.1 / 42.1 of 11 btc = 0.548693587 BTC if yes
mircea_popescu: assuming no further bets
mircea_popescu: on day 4 you come and split a btc : .35 on yes (2.1 weight), .65 on no (3.9 weight)./
mircea_popescu: so, 10 day bet, on day 1 it's made, and 4 BTC on yes (40 weight) 60 BTC on no (60 weight)
mircea_popescu: let's model this for the sake of argument ?
mircea_popescu: in the sense that if you figure the odds two weeks late and the market already is stable you're... late ?
mircea_popescu: mike_c go on ?
mircea_popescu: full of puns and wordplay and intricate hebrew arguments.
mircea_popescu: i guess in the end bitbet will spawn a bit phrasing discussion forum
mircea_popescu: and since kako's reforms, that's quite universal, nobody can say "if only i had thought of zeroconfing it"
mircea_popescu: right hehe
mircea_popescu: bitcent prize for when you figure it out :D
mircea_popescu: mike_c there is.
mircea_popescu: stil, as it is prolly a better phrasing anyway, give both sides some sort of chance.
mircea_popescu: yeh, there's that.
mircea_popescu: "Gavincoin orphan chain to reach 50 blocks before being abandoned" is kinda not the same as "Blockchain will increase" ☟︎
mircea_popescu: i'd argue that bet doesn't actually do what the title says.
mircea_popescu: i mean, in such a way as partisanship can't hijack the meaning post facto
mircea_popescu: i dunno how it'd neatly be worded tbh
mircea_popescu: i suppose this is all moot since anything can read any file as data and trhen execute it as code anyway
mircea_popescu: no wonder ubuntu and systemd are what's left on that smoldering pyre.
mircea_popescu: to think 1991 - 2011 were spent in a "oh linux is better than windows" nonsense, instead of being spent to, you know, make a sane environment.
mircea_popescu: it is a bunch of ad hoc gunk yes.
mircea_popescu: clearly "executing" an archive is not the same as decompressing it.
mircea_popescu: but really, the problem is folders=files and execution = opening
mircea_popescu: contrarywise, if your idea is that one needs the priviledge to make files executable, then this situation where a file is modified and stays executable makes 0 sense.
mircea_popescu: well if the idea is that "he who has the authority to modify a file always has the authority to also execute it" then "executable" bit makes 0 sense.
mircea_popescu: if your philosophy is that the file modification is what you defend against.
mircea_popescu: or else, simply don't have it.
mircea_popescu: undata i think it'd be better that the execute bit gets trashed every time the file is modified.
mircea_popescu: in other news, http://girls.twistys.com/preview/totm/12-2014/p03/p/15.jpg
mircea_popescu: because that's logical.
mircea_popescu: however, if you > or >> a filename that exists already, you can run it just fine.
mircea_popescu: so if you > or >> a filename that doesn't exist and you want to run it, you have to set a permission bit separately.
mircea_popescu: linux permissions are about as fucking nonsensical as it gets.
mircea_popescu: quite
mircea_popescu: should be a verse somewhere.
mircea_popescu: unsung heroes, that's exactly it. "if the bot weren't down nobody would have noticed".
mircea_popescu: yeah, if the bot weren't down nobody would have noticed.
mircea_popescu: if anyone asks me, i'd rather see as few of these vacations as possible.
mircea_popescu: but, fair warning to the ones still left inside the beast : nano, prior to his vacation, was a law abiding economy teacher, a bright kid and a very loyal and honorable fellow all around. ☟︎
mircea_popescu: if there's multiples lying becomes that more difficult and less valuable anyway.
mircea_popescu: kakobrekla aha kay.
mircea_popescu: maybe if it convincingly performs for a while the two wots can be bridged later on (how such a thing could be done in principle has been discussed a few times) and that'll be a great step towards de facto decentralization with central servers and that's that.
mircea_popescu: an it just lost it.
mircea_popescu: gribble is only relevant in this channel by specific inclusion from assbot. once it lost that, it lost it.
mircea_popescu: interesting, how ?
mircea_popescu shrugs. either way, that pie's cooked.
mircea_popescu: so i am making of it exactly nothing.
mircea_popescu: i don't know that guy is anybody, outside of social engineering everyone. he doesn't have a rating from nano, the notion they know each other is improbable on the face, and if in fact this were a job you'd fully expect a bunch of unknowns talking authoritatively in such manner.
mircea_popescu: what was that ?
mircea_popescu: what with all the stuff being build atop it and so on.
mircea_popescu: im pretty sure that in realpolitik terms this was the more important use of gribble.
mircea_popescu: me either.
mircea_popescu: and infrastructure didn't fail meanwhile, with no word.
mircea_popescu: i announced it.
mircea_popescu: the only unreasonably safe assumption.
mircea_popescu: well... perhaps reasonable's not the right word. safe.
mircea_popescu: yes, nano's not been heard from, the only reasonable assumption is something asciilifeform'd say.
mircea_popescu: no shit.
mircea_popescu: replacement is being spun up as we speak.
mircea_popescu: <mike_c> can't wait for gribble to come home. << i dun think gribble is coming back. if it were, i wouldn't trust it.
mircea_popescu: danielpbarron couldn't have been for that reason, i recall the guy following me on twitter, back before the antonoderp murder.
mircea_popescu: make a container or w/e they call it, just have people run it.
mircea_popescu: TomServo just as long as it works. i imagine nubbins` ec idea is pretty good.
mircea_popescu: not only will IT grow, but the diy capabilities of the right people will grow, which is significantly more valuable.
mircea_popescu: o hey. how goes irdial
mircea_popescu: cazalla: may i recommend a step by step tutorial for the borderline retarded such as myself who have the resources but not the know how to run it, provide a step by step diy and it will grow << he has a point there, ben & mod6
mircea_popescu: thestringpuller just some futures.
mircea_popescu: because "i own a hotel in mali, wtf do i want with your stinkhole" is not good enough ?
mircea_popescu: what, obama strengthened the border ? gimme a break.
mircea_popescu: i had no problem getting romania's like i dunno, 3rd ? 10 year visa fifteen years ago when i actually wanted one. notwithstanding that romania was you know, a sort of ukraine in 2025, and notwithstanding that bush was in charge.
mircea_popescu: now, it's all fine and dandy to all agree on how teh us is the empire of evil. however, the notion that they'd err on the side of not letting anyone in is plain ridoinculous.
mircea_popescu: the uncomfortable reality that he has neither is obviously something he's not willing to confront, and so it has to be about how bad teh us customs & immigration is.