271000+ entries in 2.011s
ThickAsThieves: He was this plucky, short Jewish guy from Brooklyn who had computer skills and decided to start his own company, and he was living the Entourage life. I envied the kid up until
a few days ago.
nubbins`: i'll think on this, might be
a nice experiment for the winter
BingoBoingo: ThickAsThieves: Prolly realizes he quit to early and that BASIC interpreter thing isn't
a business anymore.
mircea_popescu: nubbins` try pickling sometime, get
a large earthen jug, fill it with nice firm cabbage heads, add water and
a lot of salt.
nubbins`: i even have
a subscription to Mother Earth News ;(
nubbins`: i've also been making sourdough bread for about
a year and
a half now
nubbins`: not enough to ensure
a constant supply
nubbins`: could probably fit
a couple heads.
mircea_popescu: if you have
a root cellar you definitely can pickle cabage.
nubbins`: i do some dehydrating and keep
a root cellar, grow some veggies in the warmer months
nubbins`: if you like pickled things, find
a korean restaurant
BingoBoingo: When the frost came so many of the tomatos were still green that we pickled them as
a relish.
nubbins`: probably because our parent's generation grew up on
a steady diet of salt cod
mircea_popescu: there's at least
a dozen different sorts of pickles i can't do without
☟︎ nubbins`: people don't really preserve things here as
a general rule
nubbins`: i know
a few groups of hippies that do canning
nubbins`: mircea_popescu: mostly
a lost art these days
nubbins`: altho i did see
a young couple walking two goats recently, so i suppose really it's more
a question of motivation
mircea_popescu: anyway, bought
a buncha smoked pork to hang in my attic... it's
a pleasure
nubbins`: plus newfoundland produces only about 10% of its own food supply, so farmer's markets aren't
a general solution
mircea_popescu: i got
a driver, he can take the groceries back and i can carry on in town
nubbins`: mircea_popescu, there's
a few farmer's markets around here but
a grocery store within walking distance
nubbins`: next thing you know, PLEASE PLACE THE SCANNED ITEM IN THE BAG. PLEASE PLACE THE SCANNED ITEM IN THE BAG. and there's
a fuckin cashier helping you out anyway
mircea_popescu: i kinda prefer farmer markets tho. who buys groceries in
a store ?
nubbins`: know who's faster at checking out your groceries? the person who does it for
a living.
mircea_popescu: "we're scamming, and we hope people we fucked foir
a lot of money are like idiots and everything"
TomServo: He considered Gox to be
a safer repository for bitcoin than his own probably-hackable computer. That judgment may not have been accurate.
ThickAsThieves: "we are currently experiencing
a problem where some bitcoin withdrawals are not being transferred correctly"
nubbins`: i guess
a better analogy would be
nubbins`: qr code taped to reg makes about as much sense as
a bucket full of cash and coins placed on the counter
nubbins`: y'know,
a thing that people would do after it's obvious to all parties that
a ripoff occurred
nubbins`: somebody put
a sticker over the QR code by the cash
nubbins`: i was reading
a thread yesterday about this guy who ate at
a restaurant that accepts btc
nubbins`: they didn't lose them, some guy put
a QR code sticker on top of theirs
nubbins`: turns out he's just
a cat that's looking for
a warm place to nap
nubbins`: "We all just need to agree to craft
a bogus block where the FBI coins get sent to 1BitcoinEater"
nubbins`: "Normally I'd ask for
a share of the profits but this time it's free"
nubbins`: ThickAsThieves, it's all
a continuum, tbf
mircea_popescu: <pankkake> black holes not black, pluto not
a planet. damn scientists << SCAM
pankkake: black holes not black, pluto not
a planet. damn scientists
ThickAsThieves: "Exactly! I want to buy
a pizza with 10k ATC and regret it later. I'm even willing to throw away
a fraction of
a Bitcoin (and regret that later too) for the experience."
mircea_popescu: besides, there's
a nice flattery bit at the top huh. aite, brb.
herbijud1estoids: dude i am not gonna sit here and try and come up with
a more evil cow related name than that
herbijud1estoids: that came out today, obviously
a moron funded by the cow council or something, but great to rile up the vegans with
mircea_popescu: who knew vegans are dedicated to
a strict regimen of gonads.
mircea_popescu: why not "some came running" and "cat on
a hot tin roof"
herbijud1estoids: my fav movie with him in it is charlie wilsons war, but i guess its
a subject matter thing
mircea_popescu: as
a rule tho, people lack the intellectual sophistication to have and use the tools to discern it, and then the time to do so.
mircea_popescu: herbijud1estoids no. i have
a personal education in finance.
herbijud1estoids: mircea_popescu: do you have
a formal education in finance of any sort?
herbijud1estoids: like i said, if i borrow
a million for the endeavour of trading mean reversion model on MPOE at 3%, then my returns are only dependent on MPBOR in the sense that MPOE is the business handling MPBOR
herbijud1estoids: ThickAsThieves: i would check the model to make sure its not broken and if not probly trade on
a volatility adjusted level...i like ~15%/pa STDDEV
mircea_popescu: accorfding to the largest stock in the marketplace it's more like 0.5 - 0.2%
a year
mircea_popescu: according to discounted future cash flow approach it's maybe 0.01%
a year.
mircea_popescu: according to mpbor it's something crazy like 1k%
a year.
mircea_popescu: herbijud1estoids my point being that we have
a serious problem in this space with that (and other) basic numbers.
herbijud1estoids: if you think you have an edge and borrow
a million dollars at 3% to implement an algo that trades this, then obviously your cost of capital is 3%+R&D
mircea_popescu: herbijud1estoids bitcoin revolutionizes finance, if well implemented by people with
a clue you say ?
herbijud1estoids: mircea_popescu: no as in when the model is reporting
a number below 50 you buy at market and when it goes above 50 you sell at market
herbijud1estoids: also mircea_popescu i tried to query do
a STAT with pympex but it didnt work, said i need to sign the key (which i obviously did), are you *sure* i dont need an account to run the queries?
herbijud1estoids: so i have enough datapoints (assuming the ddos didnt disrupt my timeseries too much -- looks like it didnt) for
a simple mean reversion model which works well in markets without market-makers/specialists/HFT bots
mircea_popescu: $50 is
a WEEK worth of bussing/dishwashing for the average mexican yo.
pankkake: wouldn't underage at least provide
a premium?
ozbot: Starting
a new FPGA mining farm/contract Cognitive Resurrected on[Havelock]
mircea_popescu: it's just
a brainfuckfest with him, i wish i understood how is it that people can never, absolutely never, no matter what happens make all the right choices,
mircea_popescu: "Hoping colored coins takes off. I've heard mastercoin has
a few cool features but that doesn't matter if its centralized."
mircea_popescu: Duffer1 he's really
a poster child of 2013 retardation. i've had his history reviewed, he's pretty much all about all the wrong choices.
mircea_popescu: (i wonder how many people noticed the general pattern where people start doing deals with known scammers putting them in
a fiduciary capacity as they're preparing to plausibly-deniably close up shop)
kakobrekla: the refunded the broken txes but now the success rate of making
a withdrawal is even lower, down to 25%
mircea_popescu: kakobrekla that's
a great move, seeing how well he handled bitcoinica. the only reasonable explanation, being, of course, that "all mtgox btc" = ~18.5 ALT
mircea_popescu: davout i once heard anal sex momentarily paralyzes the colon. so if you do her in the pooper three times
a month...
davout: mircea_popescu: they usually start
a couple weeks after marriage
kakobrekla: 14:43.59 ( Ken` ) 8:43 AM <RaTTuS|BIG> [11:53] <@MagicalTux> BitCoroner, because phantomcircuit found
a security issue with showing this
davout: what we need is
a provably fair ponzi
davout: MAYBE I GOT
A PAYOUT !
mircea_popescu: dude, seriously, come here. what's the big deal ? rent
a place for
a month, then go back.
Duffer1: if he's not
a sock for ken himself then i get to look forward to commiserating with another scam victim
pankkake: getting logged as another user is actually
a common bug, usually bad session rng
mircea_popescu: This price values us at
a meagre 12 million USD for the entire 25mill shares."
mircea_popescu: "If you don't think these are
a steal you haven't researched the company.
mircea_popescu: maybe there's
a guy from transnistria going "he-he-he" in his head right now.