log☇︎
273800+ entries in 1.957s
mike_c: plus there is a world of blue-haired ladies with nothing better to do.
BingoBoingo: mike_c: Well other factors being equal a slot machine allow for placing bets faster than a dealer does
mike_c: asciilifeform: last time i looked at a casino profit chart it read like: 11b profit on slots, 1b on table games.
mircea_popescu: it's impossible to efficiently get 100 blackjack deals to share pennies into a multi-million pot.
BingoBoingo: Well, yes. Similar to BTC and how many people do the dice stuff trying to magic their way into a jackpot.
BingoBoingo: one of them is going on seven and can't say what he got promoted to. Just he doesn't work the floor anymore. Most of them have burned out in under a year though.
BingoBoingo: mircea_popescu: I've know a couple who do poker tournaments and have done the thing where you sit at the blackjack table and try not to lose more than you would have spent on the drinks.
mircea_popescu: i don't think i ever saw a pit boss play anything, ever.
asciilifeform: i don't know for a fact that this is so - he never had the slightest desire to set foot in a casino.
mircea_popescu: benkay why "mirceapopescu" as a subscript for th e2nd word ?!
mircea_popescu: i distinctly remember this rush where wynn was trying to somehow structure a deal to cover for an insanely lucky player over the weekend
googBus_: there's an iee journal mention of that sort of concept for earth. a few of us perhaps simultaneously--however ironic that is--had the notion of using the network itself as a storage system
asciilifeform: you could probably set up an optical version of this, using a mirror in space.
googBus_: '"A basic principle of journalism is to acknowledge when the owner of a media outlet has a major financial relationship with the subject of coverage. We strongly urge the Washington Post to be fully candid with its readers about the fact that the newspaper's new owner, Jeff Bezos, is the founder and CEO of Amazon which recently landed a $600 million contract with the CIA.'
asciilifeform: ham radio 'moon bounce' method is a good way to indestructibly store bits. for a few min. anyway.
googBus_: it's interesting that amazon both has a $600 million USD cloud contract with the agency; and amazon's titular head has bought the washington post
googBus_: gd as a tooth in the nose--other ru.saying ;)
asciilifeform: 'for every smart arse, there's a correctly-threaded cock.' (rus. saying)
asciilifeform: arguably vulnerable to DDOS by the gestapo, however, unless each unit comes with unique key and maintains a table of 'known friendly' ones.
asciilifeform: since we're philosophizing, ideal version of this concept would be a p2p gadget
asciilifeform: they simply write to a flash card
benkay: "a la"
asciilifeform: russian dash cams are a pill against insurance fraud artists, not police
asciilifeform: and, naturally, the kangaroo court might convict you anyway. and, depending on who you are, they might not even bother with a court.
benkay: for a consumer system designed to go in cars a la russian dash cams wifi and cell would be sufficient
asciilifeform: so if your camera writes to a physical device, you're at their mercy
asciilifeform: there is, or at some point, will be, a market for a video gizmo that streams public-key-enciphered stream to a box in a non-u.s. jurisdiction.
jurov: When the bot takes a loss, the subsequent month's premium increases as well. << benkay this is not automatic
nubbins`: not at all, no, just putting quotes on a word
kakobrekla: https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-prn1/t1/71442_637564166304619_1239354365_n.jpg
benkay: that makes a bit more sense, ty
jurov: if i buy a call and am wrong, mpoe gets only up to the price i paid
mircea_popescu: if they are wrong and trade a lot that doesn't hurt the bonds.
mircea_popescu: if you like math, one thing you can do is define this game as a GM construct and play a billion rounds
jurov: the problem is, there seems to be a correlation between loss and exhaustion of bondholders' capital
mircea_popescu: but as a game-theoretic construct i mean
Dimsler: based on a blockchain address
Dimsler: i've read a bit about this
mircea_popescu: there, a year ago almost to the day
mircea_popescu: whoa check it out, google went on a relevancy break
gribble: OP_CHECKCOLORVERIFY: soft-fork for native color coin support ...: <https://bitcointalk.org/index.php?topic=253385.0>; Treasury: We won't mint a platinum coin to sidestep the debt ceiling: <http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/12/treasury-we-wont-mint-a-platinum-coin-to-sidestep-the-debt-ceiling/>; Money and Coins - K-4 Activities: EnchantedLearning.com: (1 more message)
mircea_popescu: jurov i was waiting for you to ok it as i had a 4th month
mircea_popescu: Apocalyptic extremely widely accepted. here's a secret of polychinelle : starting with about 6.0, the versions of bitcoin fromn the so called "dev team" have just about zero support.
Apocalyptic: what would be interesting to know is that if at some point they would go for it, how widely accepted would be a fork that preserves the actual model
pankkake: it's just a wallet feature
Apocalyptic: part of the beauty of the bitcoin protocol resides in how simple it is to just have an address and like mircea said this is a solution to a non-problem
mircea_popescu: and that periphrase does not only name mike hearn, even if it fits him so well. in fact, there's a legion of this sort of scum floating about.
mircea_popescu: as if this is a problem that actually needs a solution at any point.
mircea_popescu: is this a better way to fuck, iyo ?
mircea_popescu: pankkake what is your definition of "better way" ? like, instead of a woman telling you when she's ready to fuck, she wears a collar sold in a shop which beeps ?
Apocalyptic: mircea has a point here
pankkake: I just see it as a better way to do <a href="bitcoin:whatever">
mircea_popescu: jurov let's model things for a second.
jurov: i rather would like to see how you can get touched at that rate and *not* end up with a loss.
mircea_popescu: jurov basically you seem to me to proceed on the theory that "large capital needs" necessarily means "mpoe makes a loss". this seems baseless.
mircea_popescu: however, the capital needs as a volume of btc and the losses as a % are not necessarily correlated too well.
benkay: you won't make any money, but you won't lose a terrible lot either
benkay: har arguably the best thing to do with 100 btc is put it on deposit as a bond with MPOE at like 50%
benkay: chasing return on btc is a great way to loose btc
mircea_popescu: jurov well yes, it's a longshot.
mircea_popescu: well, unless mpoe makes 25% profit on a stable month and there's nobody else there, in which case you walk away with 25%
mircea_popescu: the stats as reported are overall, and moreover they misrepresent data in a sort of implicit leveraging
benkay: just don't chase rate around. leave bond deposit requested premium nice and high. forego interest during periods of low interest, capture the high interest periods after the bot gets hammered in a given month.
benkay: it's a good fleecing of those who're willing to settle for .45 or whatever it was hovering at before the last hammering
benkay: it's profitable for the bondholders who insist on a good rate
mircea_popescu: supposing you for some insane reason actuyally want a job in cacademia.
mircea_popescu: you don't realise it now, but in a decade being able to point to a verifiable 10 year history will mean you can have any job you want.
asciilifeform: best thing is, any hypothesis in the field is immediately testable, all you need is a computer.
mircea_popescu: cads seriously now : it's a vast field, it's by far the most important thing happening on planet earth for now, the majority of people "involved" are carpenters by trade, if not professional welfare leeches.
mircea_popescu: well on this side of the lake as you can see, we're preparing to set on fire us embassies, or something. basically everyone's in agreement there shall be a war, still ironing out where exactly.
cads: I study at the university, and work as a machinist
mircea_popescu: suddenly disappeared means either got a kid, got a habit or else scammed a buncha coins. what is this work and study you speak of.
mircea_popescu: a gem. ty p
mircea_popescu: "The names of the players on the site are unusual (it is like someone got a book of american names without a real understanding of why americans would be unlikely to either have or pick those screenames)"
mircea_popescu: this is a valid point.
kakobrekla: <pankkake> http://www.reddit.com/r/Bitcoin/comments/1w397k/justdicecom_a_bitcoin_gambling_site_is_very/ reddit declares jd a scam!
kakobrekla: its a tittle from url to reddit
gribble: ozbot was last seen in #bitcoin-assets 57 minutes and 22 seconds ago: <ozbot> just-dice.com a Bitcoin Gambling Site is Very Likely Scamming Investors : Bitcoin
KRS1: There is a shortage of at least one million cyber security experts.
mircea_popescu: the fact that this is a surprise to anyone is the real surprise to no-one in particular.
asciilifeform: the fact that this is a surprise to anyone is the real surprise.
mircea_popescu: asciilifeform yeah, they only had one guy to answer to. all systems which are build around a spot where the buck stops outperforms systems bereft of such. ☟︎
Mats_cd03: But yes one day I will find a nice local and make many mixed justice babies
mircea_popescu: so what of it ? tokio just got hit by a nuke, and they claim they didn't even notice it.
mircea_popescu: Mats_cd03 i think a nuke will definitely be used too, whether in x time or not notwithstanding.
Mats_cd03: I spend a lot of time with active mil guys and policy analysts and I'll suspend my jokes to say that extremism is a serious transnational problem...there are academics like paul graham that believe a rogue nuke will be definitely be used in the next two decades
mircea_popescu: yeah well. i'll propose to you that perhaps your anticipation is more a figment of your virginal fears than actual experience of the world.
Mats_cd03: Maybe after a us president lets one off the chain and destroys a nice black rock
mircea_popescu: i don't mean as a tourist. i mean in the bed of local women.
mircea_popescu: have you ever lived in a muslim country ?
mircea_popescu: botch-schaft ? the germans have a name for the us intel ops by now ? like gesellschaft except without any gesell and with a boatload o' botch ?!
gribble: (gpg eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
ozbot: just-dice.com a Bitcoin Gambling Site is Very Likely Scamming Investors : Bitcoin
pankkake: http://www.reddit.com/r/Bitcoin/comments/1w397k/justdicecom_a_bitcoin_gambling_site_is_very/ reddit declares jd a scam!
nubbins`: rip out a page, roll it up and smoke it
nubbins`: "oh, cool.... thanks... i actually got you a little gift too"
mircea_popescu: she gets you a pair of socks ? get her superluxury garter belts. exchange gifts
nubbins`: this would actually be a fun way to make a zine
nubbins`: i suspect that i'll be receiving a copy of the codex seraphinianus for my birthday next week
nubbins`: not much different from a pet bird panicking when a new toy is placed in his cage