log☇︎
269200+ entries in 1.972s
mircea_popescu: a sort of kraken of 2012 as it turns out.
mircea_popescu: because that's what counted for a market back then, a buncha forum tards being friendly
nubbins`: so... you offered a cheaper turd to undercut the turd salesmen?
mircea_popescu: pmbs were generally recognised to be dog turds back then about to the degree hearn is recognised as a dog turd today.
mircea_popescu: very disruptive, especially as nobody readily imagined such a thing can even exist.
mircea_popescu: a desperate measure for desperate times.
nubbins`: a-ha.
mircea_popescu: nubbins` a synthetic was a relatively retarded construction, sadly made necessary by the very opaque manner of conducting "business" employed by the glbse muppets.
Luke-Jr: IIRC, had he shown up, and we made that trade, I'd have made a profit in the month he was MIA
mircea_popescu: well, why did a third party buy your alleged debt ?
Luke-Jr: it was a trade.
nubbins`: nevermind that, what's a "synthetic copy" of an asset?
Luke-Jr: mircea_popescu: we agreed that I'd sell him <n> BTC for <n> USD at a future date. he never showed until like a month later demanding I just pay him some amount outright
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
ozbot: A List of Bitcoin "Investments"
nubbins`: the btctalk thread is a bit light on detail
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_a-list-of-bitcoin-investments.html << epic
mircea_popescu: they're different things, the f.pure.synth was a synthetic copy of puremining, the glbse asset run by rosi manifold or w/e the jew's name was.
copumpkin: B007: he bought me a bentley for supporting him in the early days
ozbot: A List of Bitcoin "Investments"
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_a-list-of-bitcoin-investments.html
nubbins`: send him a bill
nubbins`: cold is a problem too
mircea_popescu: don't you have a girlfriend ?
B007: it looks like the ink had a seizure
nubbins`: this is for a band t-shirt, in the meantime
mircea_popescu: with a skin infection or w/e is going on there off to the left.
mircea_popescu: that looks like a butterfly that snorted coffee grinds thinking they're lsd.
mircea_popescu: punkman1 introduction a la bourse.
ozbot: Goat: A Sordid Story of Stupid and Scam
mircea_popescu: http://cascadianhacker.com/blog/2014/02/02_goat-a-sordid-story-of-stupid-and-scam.html
Duffer1: for us proles volatility is a threat atm, whether its more a threat than inflation is your choice, all eggs in one basket = bad
mircea_popescu: punkman1 is this from a new ipo ?
punkman1: "Dangers are sum like a kold bath, very dangerous while you stand stripped on the bank, but often not only harmless, but invigorating, if you pitch into them."
B007: mircea_popescu: I think you have a bunch of 14 yr nude selfies now
Duffer1: you can buy a lambo with btc
nubbins`: honestly, i'm waiting for the day when i show someone a concept and they just ask me what my fucking problem is before walking away
mircea_popescu: and they thought surrealism was a 1920s thing. ha! i say.
mircea_popescu: jurov there's a variety of available attacks if the rng is badly biased.
nubbins`: always looking happy can be a curse tho, look at dolphins
jurov: wut? you roll them million times and derive a secret key from the differences from mean?
nubbins`: i'm a product of my upbringing
nubbins`: once in korea when hiking in the mountains i stumbled across a small park with 2.5m diameter hula hoops
nubbins`: you know, vexual would make a pretty good meat-based rng
FabianB: davout is the only one in this chan which kinda represents a fiat-btc exchange, no?
nubbins`: a-ha.
mircea_popescu: or at least someone with a weird name.
benkay: that'd be the difference between an investor and a trader.
nubbins`: there comes a point where it doesn't really matter what the price is
mircea_popescu: actually it went up a lot
mod6: we can make a deal.
mod6: hit me up if you want to do a trade for a smaller amt too.
gribble: #19517 Fri Feb 7 20:10:59 2014 mod6 BUY 100000.0 ATC @ 1.5e-06 BTC (Want to buy 100,000 ATC for a total of 0.15 BTC, must have WoT rating. PM me.)
mircea_popescu: there was also a 400% and some 3xxish%
mircea_popescu: just so with a patchwork of miners, god help you if you imagine you can buy random odds and ends off ebay at a nominal profit
mircea_popescu: specifically, a farm made out of 5000 individual computers all different would cost more to run than to burn down
mircea_popescu: (ref : http://www.omg-facts.com/Interesting/A-Man-Robbed-A-Bank-Wearing-Only-Lemon-J/54879 )
mircea_popescu: it was a joke ok ?
mircea_popescu: kakobrekla i have a rng.
mircea_popescu: ThickAsThieves maybe if you put a shoe on head ?
ThickAsThieves: nobody likes a skinny Santa
mircea_popescu: wait so i could sell for a profeet ?
BingoBoingo: Apparently after I bought Altcoins at 150, the next buyer went at 180. Looks like Altcoin is growing up into a real, bubbly Altcoin.
Duffer1: that was a pretty good bit
mircea_popescu: so then i screamed obscenities in a lengthy single breath of fifty eight minutes
mircea_popescu: a month later, i couldn't connect to my blog. like at all.
mircea_popescu: and so they wrote me a thing to go around it.
mircea_popescu: and i broke a keyboard into pieces
mircea_popescu: and then made a junior sysadmin look through the logs
mircea_popescu: for one day, when i went to add a new pair of tits, the "insert image" button simply redirected me to a random page of my blog
mircea_popescu: it is a story of hope, blogging and unbridled enthusiasm, in which I, a crookeyed optimist, tried to use my five year old heavily modified wordpress installation to post things.
mircea_popescu: a self-perpetuating autocracy in which the working classes
mircea_popescu: you're living in a dictatorship
herbijudlestoids: we still a commonwealth
herbijudlestoids: just got this sms: NOTICE: your mobile no. has been singled out for a claim of 800,00GBP from Android Mobile UK contact us on androiduk@live.co.uk for more
herbijudlestoids: mircea_popescu: nope havent...i got a WoT account and messed with gribble on it already
herbijudlestoids: ThickAsThieves: what im trying to say is, if the reputation ledge is built on the back of wotbook then its just a social graph.
mircea_popescu: herbijudlestoids yes but all it needs is a 1
herbijudlestoids: the existing WoT is a reputation ledger.
ThickAsThieves: well, a reputation ledger
herbijudlestoids: right now the WoT is based on business transactions, youre proposing something where people just build a social graph
ThickAsThieves: cuz community and being a part of something
ThickAsThieves: people would probably eat up a wotbook right now, could even kill bitcointalk
ThickAsThieves: like, a social media site
herbijudlestoids: mircea_popescu: hmmm though ok... "ozwot guy" cant rate users through gribble unless it has a rating...
herbijudlestoids: i downloaded a chinese gangster movie but it has no subtitles :(
herbijudlestoids: i mean as a method of distributing the WoT
mircea_popescu: then once enough people actually want to rate someone in ozwot they'll keep bitching at nanotube who will eventually add a back flow.
mircea_popescu: no reason you want that, really, i know it's a gateway, woting it is meaningless.
mircea_popescu: it's a good interface because freenode is ddos resistent
mircea_popescu: sounds like a winner, really.
mircea_popescu: a trusted wot so far wins on practical grounds. not that i think it's a bad idea a proper distributed implementation should be made
Diablo-D3: actually, it kind of is a trivial problem
mircea_popescu: asciilifeform it's not a trivial problem, a distributed wot.
asciilifeform: did someone actually explain how one might build a working 'distributed wot' or merely insisted that it must be done?
herbijudlestoids: kakobrekla: well itd certainly make conversations about why people might try it a little easier
herbijudlestoids: the message i took away was that theres no real reason to change from the existing WoT, which i assumed wasnt distributed, because ThickAsThieves said he wanted a more distributedy WoT
herbijudlestoids: Diablo-D3: did i? lol i was in the conversation, was there a facet of me getting told that i missed
mircea_popescu: <ThickAsThieves> yes, but i feel dirty telling people to go to these sites << this is a problem.
Vexual: i havent seen a human for a month