270700+ entries in 2.213s
chipug: sounds like
a killer deal man
chipug: who does the log keeping for here? not every channel has
a log do they?
ThickAsThieves: the US basically perverted advertising to the degree people are at least part salesman, or part sucker. it's
a sad play but so many parts to fill.
mircea_popescu: there's
a Department of Retarded Quotes somewhere, fucking shit up.
herbijudlestoids: bitcoin does not have
a fixed supply, i am sure if the price goes up to $1,000,000,000,000 some supply will come out of the woodwork
chipug: neither jborkl I am
a scot
jborkl: Chipug, you Romanian also or VPN into
a To freenode server
mircea_popescu: asciilifeform chetty is actually
a girl too, the eulora chief of tech
jborkl: Don't go into OTC and announce you are
a chick.
jborkl: I have
a November jupiter up to 1th
mircea_popescu: herbijudlestoids you know like i was saying to diametric the other day, this article gets
a lot of wordcount mileage out of the banal
jborkl: Mircea, you know I love your writing. I am not very verbose but in
a non competitive way bcoinews.com . I printed that first :)
nubbins`: well until five minutes ago i laboured under the impression that
a 'deflationary currency' was one where the purchasing power increased over time (i.e. the cost of goods decreases)
mircea_popescu: maybe derpland has
a bumper apple crop and herpfields
a shortage.
herbijudlestoids: also purchasing power is
a better proxy than inflation, because you can have inflation where the purchasing power of
a dollar goes up, but also inflatoin where the purchasing power of
a dollar goes down
nubbins`: how do you verbally differentiate between
a currency where purchasing power increases over time, and one where it decreases?
herbijudlestoids: soooo...defining inflation as
a general price level increase is extremely fuzzy
mircea_popescu: prices aren't
a reference point for inflation tho, this is like saying she's
a good lay cause she's
a redhead.
mircea_popescu: if tomorrow i invent
a new way to make cakes, and cake prices drop 95%
nubbins`: mircea_popescu, you mention in
a couple of articles that bitcoin is deflationary rather than inflationary, and then point to the increasing supply as evidence of this
chipug: i guess i should get
a cryptsy account to get rid of these flipping dogecoins huh
mircea_popescu: in short, the medium of exchange function of the currency is
a minor.
mircea_popescu: why do you think the fiat role as
a medium of exchange needs fixing ?
antephialtic: yes, I agree that the concept has major game theoretic issues. But
a coin that solved this issue would be useful primarily as
a medium of exchange, rather than as
a store of value.
mircea_popescu: think about for
a minute : i could hijack your bank's printing press just by moving my coins around ? sweet moses on
a stick, this is like USD 2.0
antephialtic: yes, I'm still thinking about
a better way to measure velocity. If
a good one is found it would be possible to create an altcoin with an algorithmic central bank that adjusts the block reward dynamically to target
a certain output growth.
mircea_popescu: asciilifeform you know what happens to quarreling dogs once they see
a wolf ?
mircea_popescu: antephialtic the problem, as BingoBoingo pointed out to you, is that in your model the greatest economic activity will occur whenever
a major holder moves cold wallets.
antephialtic: antephialtic: well, in that case I'm living in
a state of sin anyway because velocity is traditionally computed from output and money supply. The idea that one can measure it empirically is not really seen in mainstream economics, as far as I can tell from
a brief review of the literature
ron-: well i suppose it is
a server too
ron-: it took me
a while to compile the client, i dislike lib boost :|
mircea_popescu: antephialtic if you expect to justify
a theoretical model by the effect it has on data you are living in
a state of sin.
mircea_popescu: someone should make
a papp to bring cyrpt to the ipnohe.
BingoBoingo: Maybe Dogecoin gets
a Haircut like Cyprto depositors did
antephialtic: mircea_popescu: actually that is incorrect.
A better measure the amount of bitcoin transferred over
a given period/the length of the time period. Very noisy measure, but using
a larger time period smooths it out
mircea_popescu: dub "life is sweat and blood and making love to
a woman you don't know and nobody prints your name in trilema until the day you die"
chipug: not
a blog, its
a chat site. i took on coinchat and totally changed direction. its
a bit dead now
mircea_popescu: asciilifeform this is somewhat like asking for
a showgirl that's read the classics.
antephialtic: mircea_popescu: bitcoin days destroyed is
a decent estimate
mircea_popescu: so do the same thing, write
a lot of smart insightful stuff, once you have
a ton of readers add
a subscription, wait for the cheapskates to butthurt away and that's that.
mircea_popescu: but anyway, if memory serves that thing started as
a blog and became subscription based after building
a base
chipug: in
a subscription crypto service, what would you want as necessity?
ozbot: Why Dogecoin is
a scam, why the people pushing it are assholes, why Business Insider is
a contemptib
herbijudlestoids: make
a list of whats officially recognised final g/s and calculate then sum their MVs :P
herbijudlestoids: Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within
a country in
a year
dub: I may have
a collection
nubbins`: ah, i see, i was picturing
a couple of quotes per image
kakobrekla: well i was thinking more of -
a paper has 2 sides
nubbins`: sorry, if it's
a significant number of pages :)
herbijudlestoids: he has
a chart, which explains to that *moron* bill nye, how moses was 500 years old
nubbins`: hm,
a hand-bound book of ascii pornography
☟︎ kakobrekla: wekk
a buttcoin can make you famous in
a single post benkay
herbijudlestoids: when i said "the response was underwhelming" what i meant was that for ~200 pageviews, there was only
a couple of comments from parties and only some of those comments were interesting
dub: I used to maintain
a private wiki for that
benkay: mp suggested blogging as
a series of notes to self, as one can't actually remember all the bullshit waded through over
a significant period of time.
benkay: also, herbijudlestoids think bout blogging as
a long term thing you do - not one-off shots that might bring some fame
dub: thousands of years after the great climate change cleansing
a future civilisation will find it and build
a religion
nubbins`: log isn't really in
a suitable format for books
nubbins`: bonus points if it's something that
a person might want to purchase at some point
herbijudlestoids: benkay: hmmm is there
a page on fpcomplete.com which explains what exactly fpcomplete is? :P
nubbins`: not being religious, i can't think of
a book i care enough about to put such an enormous amount of effort into
nubbins`: i'd like to take
a public-domain text and then typeset, silkscreen, and bind the entire thing by hand, but i'm having trouble choosing
a book
herbijudlestoids: mike_c: not
a question so much as i dont know who runs/operates the website so i dunno if i can trust the data...just wanted to verify it myself
herbijudlestoids: mircea_popescu: lol well its not that nobody noticed, the post is *still* getting hits, was referring to
a couple of the comments left on /r/BitCoin
mike_c: herbijudlestoids: you have
a question about the data on btcalpha?
herbijudlestoids: im not doing this for an audience or anything, its all
a matter of incidental curiosity, but i thought your suggestion was nice :)
herbijudlestoids: well, i did implement one of my simple mean reversion models for MPOE too, maybe
a "trade this and get rich quick" blog post will be more persuasive :P
herbijudlestoids: Duffer1: i am thinking of writing
a piece on the "market implied EPS growth rate" of MPOE, but want to verify the data that i can see on btcalpha
nubbins`: whenever bill nye mentions science, he makes
a gesture that indicates he's talking about things that happen outside the building he's in
mircea_popescu: " That's
a lot to pay for
a single Bitcoin for someone just entering the market. "
ozbot: Dogecoin Just Solved
A Problem Bitcoin Will Face - Business Insider
nubbins`: because he used to have
a show explaining science to kids
nubbins`: wait
a minute, i wasn't doing that before.
dub: try not to die in
a fire xx