278900+ entries in 1.668s
mircea_popescu: lmao, so anything to avoid an actual delivery bet huh ? we make
a fake bitbet out of forum paste & spit, pretend and pray.
mircea_popescu: pankkake you were saying
a few days ago about being disgusted with ppl lauding scams just because they hope they get
a little back ? where is it, i want to quote it.
mircea_popescu: if the box ain't functioning, there's no guarantee you end up with
a web. even
a not working one.
kakobrekla: > •8% of students didn't give
a damn and left the answers blank.
mircea_popescu: pankkake yeah, noobs handle their ignorance differently. but still, how else do you know
a noob's
a noob ? by their ignorance.
thestringpuller: mircea_popescu: this is less of "i'm
a n00b" and more of "i have no idea how economics really work and believe we should just print more money so we can fix our bad debts. Make it rain Ben Bernanke while I suck your dick."
thestringpuller: What Bitcoin really needs is
a central bank to stabilize its value. When the demand for Bitcoin goes up, they need to print more to keep it from skyrocketing. That is, they need to decide whether they want Bitcoin to be
a Ponzi scheme for techno-libertarians or an actual medium of exchange.
mircea_popescu: i see that, what i read is "i am
a noob, hear my uninformed convictions and care enough about my worthless persona to set me straight"
pankkake: new litecoin version failed to replace
a "Bitcoin" string
kakobrekla: anyway as the workforce gets cheaper i dont see why you wouldnt see hand written spam for
a non outofthebox codebase sites
kakobrekla: well, you can hand power
a dynamo and use that to power the compiler.
mircea_popescu: but my point is... so some kid gets out of school in june and wants to become
a man over the summer.
azoo: but its
a pain in the as as well as you also can understand I suppose
azoo: i think i fall into your category of idiots as i am still wondering if the 30BTC fee is
a joke, troll, serious requirement or all of the tree
azoo: earning 5BC in
a simple as pie fashion :)
pigeons: should make an exact mpex clone with no new functionality just charge 5% to view it in
a bootstrap template
mircea_popescu: she never called mpex stuff
a scam, and that's everyone.
azoo: looks like
a nice success story :)
mircea_popescu: so prepare
a large mug of coffee, set your poppers to poppin' corn etc.
mircea_popescu: it's like
a mile long, and i;ll be publishing it soon.
mircea_popescu: mpoe-pr just completed
a 3 month long project of going through the forum and picking out the places where she called out
a scam, people called her fud and then it turned out she was right.
mircea_popescu: within
a week he's put most of his available cash into it, and is getting to
a manic phase
mircea_popescu: within
a day he's bouight some, and spends the next few days not sleeping enough and reading bullshit sources
a la reddit.
KRS|Gotyawallet: Here's the part that gets me: The proof-of-work would be switched to the signature of our private key and we would set up
a server to produce one block every 2 minutes.
BingoBoingo: I'm actually amazed by how often I'll run into people on lesser channels who have been trying to make milk come out of faucets for months then emerge after having done no reading for
a year to ask "Why do faucets pay less?"
mircea_popescu: asic is not efficient, not really, cause you'll need to add memory bus and
a bunch of clocking and so on
BingoBoingo: I'm just impressed how quickly people for got it. Like people forgot SolidCoin was
a thing RealSolid did. Or that Vircurex was "hacked" twice and now wants to pay interest on deposits...
KRS|Gotyawallet: not sure if they would have to use
a jit translation before prossessing or not though
mircea_popescu: BingoBoingo i know, i know. just pushing teh button
a little :)
mircea_popescu: "It is possible to do scrypt with
a fpga, so that implies asic is possible too."
mircea_popescu: it's
a company trying to make various gizmos. currently working on
a gpg secure usb stick
mircea_popescu: because as far as bitcoin finance is concerned, mpex is now and always was
a hefty 90% of it.
mircea_popescu: but to give you
a proper sense of proportion : when s.dice delisted from mpex, it was actually announced it got sold off, rather than lie about it
a la havelock. and then mpex investors got paid on the delisting.
azoo: mircea_popescu: is mpoex
a scam as well
mircea_popescu: otherwise, the statistical argument Duffer1 presents is sound. they never had
a company that made investors
a profit, and statisticallty they're batting the usual global scam exchange, -50% in 1/2 year.
mircea_popescu: azoo sure. they reorganised as
a entity run by "no one", recently. after which they allowed their largest company (virtex) to simply walk away from the investors
Duffer1: by
a mile, it's not even close
Duffer1: like
a bitcoin cocain straw, your money is their blow
Duffer1: it's like
a bitcoin blackhole
Vexual: kako should make
a junkox bot
Vexual: i felt the milk out for
a time step that left in inhomogenous
b0n1: that means i have
a measurement point at t and the next is at t+x and the other next is at t+y with x=!y
Vexual: i think if
a bot is female, one knows
Vexual: got
a dollar for the junkbox?
Vexual: i had you pegged as
a musician
Duffer1: you were alone? i just assumed you threw
a party
Vexual: i guess cuba is still
a dream
Duffer1: assbot is
a good listener bro
Vexual: perhaps
a new block viewer instance
Vexual:
a new wave of crypto kids
bloctoc: copumpkin don't these people know that bbet has
a bunch of bets expiring year end?
KRS|Gotyawallet: i lived for years and years with
a black cloud over my head from all the tele op phreaking i did as
a kid, professional warez importer..got tired of looking over my shoulder.
KRS|Gotyawallet: its like dick sucking..
a guy cant just go and suck one dick and still be straight. even though it was just one dick he's
a faggot.
mircea_popescu: ie, being
a scammer is not really so many steps about being
a clueless noob.
KRS|Gotyawallet: i need
a scam..not sure what though..mass mailings is getting old
KRS|Gotyawallet: i noticed they wont even blast their offering out there, it will be something subtle like
a link in
a trollbox somewhere so some sucker is all juicy over btc fortunes he just plunks down his 12 btc or whatever
mircea_popescu: noob starts business ? scam. end of discussion, no questuions asked. if he's
a businessman he's known.
KRS|Gotyawallet: my problem is i have to identify each offering to find out if they've made
a significant investment..on the surface, i have no idea..and its
a shame these other folks dond either. ie skyminer
ozbot: PrimeAsic - Most likely
a scam. pe Trilema - Un blog de Mircea Popescu.
KRS|Gotyawallet: they were but
a spec on the timeline i long forgot about that name
mircea_popescu: if they don't want to use them... why's that
a problem.
mircea_popescu: russellthies Jr. Member, 5 posts : "I received an email from Jim on Dec. 3rd, regarding my 1.2 th/s order (541). At that time he told me that they were working on the final "board tweaks" and that if they were late it would be by
a week or so."
mircea_popescu: KRS|Gotyawallet why do you think this is even
a thing ?
mircea_popescu: (of course, in this perspective mega-bitcoin-corporations
a la asicminer are small guys too)
mircea_popescu:
a tournament market, like typiocally the 1mn starlets waiting tables in hollywood is there to exploit labour.
☟︎ mircea_popescu: it's
a really great way to use the market for
a good purpose. in this case, we get the strongest blockchain money can buy.
KRS|Gotyawallet: asciilifeform: where i used to work we got hacked and one of our servers was made part of
a botnet..i tracked them down to an irc channel in the philippines..done with perl..it was pretty basic stuff but still cool to take apart. they got in because the idiots setting up the server didn't secure the /tmp directory and jboss had its admin console exposed.
mircea_popescu: (which adds cosmic perspective to the mpex view of the world, imagine there exists another whole "Ecosystem" out there made principally out of companies whose business model is operating in
a not profitable by design market, and those are 90%+ of the revenue)
mircea_popescu: it's intended to approximately break even, which means most people will book
a loss.