278100+ entries in 0.063s
mircea_popescu: fx risk is handled like any fx risk (hedge and insure).
mircea_popescu: ben_vulpes: this suggests a novel attack vector: depress price strategically to drive miners out, <<< except miners don't go in and out with the price. the market is amortisation driven, they have the gear and have to use it, so they'll use it.
mircea_popescu: pete_dushenski: it's completely wild to see how much the bitcoin network hashrate fluctuates. << you understand those aren't directly measured, but more like calculated after the fact ? it's normal variance, you're trying to guess how many times a coin is tossed by how many heads you see. well...
☟︎ mircea_popescu: there's at least half a dozen of various derp groups, and they're all wasting oxygen & public moneyz.
mircea_popescu: cazalla seems not really. but the aussie "secret service" twerps are the better target there. i dun think anyone can point out to ANYTHING they ever achieved, since ww2 onward.
mircea_popescu: people may exchange info as to how much switching happens and where and how, on a "need to operate network" basis.
mircea_popescu: i suppose the other similar thing is the networking cabal.
mircea_popescu: there will be the occasional reports from retired people, obviously. but otherwise, bitcoin mining ~==== fiat espionage.
mircea_popescu: help irritate asciilifeform's ideas about "can do anything"
mircea_popescu: miners willing to talk about their mining are either lying or motivated by something larger than their mining. which could be their own honesty, of course, but could just as well invalidate the entire premise identifying them as miners.
mircea_popescu: being a miner is notoriously a "nobody's business" type of affair. there's nothing to be gained really.
mircea_popescu: hard to verify miners, easy to get a bunch of derps that love to talk. but yes, it would be.
mircea_popescu: ben_vulpes no dude, it's a pos libtard venue astroturfing the shit out of the internet.
mircea_popescu: how's the anon onslaught ? you been made to repent yet ?
mircea_popescu: so that bitcoin split among a pro and a noob division is scarcely amazing.
mircea_popescu: the noobs aren't really capable of handling the sort of requirements to dld a full chain.
mircea_popescu: anyway, to be perfectly fair : the bdb arrangement wasn't really tenable on the long haul. it had to be replaced with a better db.
mircea_popescu: (it's actually the point of the torrent palliative back in the day)
mircea_popescu: course, you would be relying on the verification done by the op
mircea_popescu: you can't mix and match blkxxxx from one install with another's.
mircea_popescu: the client doesn't keep "blocks" exactly, it's messier
mircea_popescu: there is one caveat, specifically, that you must make a file named DB_CONFIG that contains a set_lg_dir database set_lk_max_locks 500000
mircea_popescu: it'll take a few weeks, but what's the rush, and this way you get an authenti ccopy.
mircea_popescu: the ideal way would be for you to let the thing sync naturally
mircea_popescu: ben_vulpes anyway, i'll pass you a signed tarball tomorrow ?
mircea_popescu: ben_vulpes i suppose "first otc rating" would be better way to go about it no ?
mircea_popescu: and i imagine they probably did all the shitting they can
mircea_popescu: it is, substantially, but it's indexed differently for the latecomers.
mircea_popescu: but you don't want it to sync anyway, just feed it a preindexed chain.
mircea_popescu: my twitter's dead and i don't feel like social media anyway
mircea_popescu: MITRE Partners with University System of Maryland to Operate New Cybersecurity R&D Center for the National Institute of Standards and Technology ?
mircea_popescu: asciilifeform and check out the cve link for details, going straight to an unmaintained dump page.
mircea_popescu: pick among these according to which bias (early, late) you want
mircea_popescu: othernubs` you'll never get there. but anyway : 0.6.3 most recent acceptable ; 0.5.3 i guess, earliest acceptable.
mircea_popescu: <othernubs`> publishing job in danger of morphing into coding job <<< nubsy has antennae, and they're tuned for danger!
mircea_popescu: <ben_vulpes> <mircea_popescu> anyway, the consensus seems to be 6.3 ? << i've yet to hear a compelling argument for anything past 0.5.3 << ok, so 5.4
mircea_popescu: this is no figure of speech either. in 1992ish, plenty of romanians working for the state made ~1.20 dollars a day
mircea_popescu: but romania is white people, and somalia is black people.
mircea_popescu: russia moved from 1990 to 2010 about as much as china moved from 1980 to 2005.
mircea_popescu: which is actually the major bargaining chip with the eu, not stupid produce import bans
mircea_popescu: this is also quite right. either russia or china can in fact raise interest rates causing a collapse.
mircea_popescu: trade deal (that circumvents the US dollar). In comparison, the US is a dead man walking: unless it can continue rolling over trillions of dollars in short-term debt every month at record-low interest rates, it won't be able to pay the interest on its debt or its bills.
mircea_popescu: Financially, Russia's position is so solid that even the three Western credit ratings agencies don't have the gall to downgrade Russia's rating, sanctions notwithstanding. This is a country that is aggressively paying down its foreign debt, is running a record-high budget surplus, has a positive balance of payments, is piling up physical gold reserves, and not a month goes by that it doesn't sign a major international
mircea_popescu: five bux, which is a gross estimate of its actual net worth, won't make a difference.
mircea_popescu: it's not a matter of bankruptcy anyway. so debt is senior to equity, facebook implodes leaving a 60 bn hole, what's going to be sold ? watsapp ?
mircea_popescu: decimation nah, they still have the ability to choose one.
mircea_popescu: w. joyce was not particularly luxurious for that matter.