281600+ entries in 1.932s
ThickAsThieves: yes but if you get vendors accepting, you start creating
a closed loop
nubbins`: well yeah, you're just moving it up
a level
nubbins`: y'know, the shitty thing about being
a business that accepts bitcoin is that none of my suppliers accept it
mircea_popescu: <dexX7> what would you do if
a buyer contacts you in 1-2 weeks and tells you that he had no clue? <<< point him to bitbet faq ?
mircea_popescu: <ThickAsThieves> Hendry added equity market fundamentals do not matter << he has
a point, if perhaps sorely misstated.
dexX7: time for
a new category like "digital coins"
nubbins`: and if he feels he's been wronged, to open
a dispute claim
dexX7: what would you do if
a buyer contacts you in 1-2 weeks and tells you that he had no clue?
nubbins`: 2013 0.5 btc brass casascius round that has
a bitcoin logo on it - REDEEMED
nubbins`: and i have, in fact, had
a few people cancel their bids
nubbins`:
a full one-third of the three-line description is in bright red
dexX7: "it's
a bitcoin, i want it"
nubbins`: gotta draw the line somewhere, otherwise you end up having your description read "DO NOT heat this coin with
a blowtorch for
a half hour and lay it on the tip of your penis" etc
nubbins`: good for the guy who was buying redeemed coins hand-over-fist on the forums
a few months back
mike_c: the ceo spent 14 years as
a lecturer. no tenure for him!
mike_c: one of them has
a suit and tie on. i'm sold.
mike_c: havelock has strange meanings for
a lot of terms
mike_c: of course, it's
a fund, not
a company. perfect sense.
ThickAsThieves: cuz idiots may claim they thought it would be
a real wall st IPO or such
ThickAsThieves: would be nice to have
a gameplay vid or more cogent explanation of what it is
nubbins`: When real money for digital goods with no return loses its shine,
a skill based market place where players accumulate fame and fortune stands
a chance of being
a real success.
ThickAsThieves: "Lawn also claims KnC customers already create 70% of the bitcoins mined in
a day. We can't verify that claim."
ThickAsThieves: Hendry added equity market fundamentals do not matter at
a time when policy is misaligned, emphasising instead the ‘feedback loops’ created by US quantitative easing.
ThickAsThieves: "One of them is that consumers yield and submit, Bitcoin goes to somewhere in the thousand dollars per range and there’s
a rush to move society away from the dysfunctional standard. Banks start taking Bitcoin deposits, Bitcoin hedge funds pop up everywhere..."
mircea_popescu: teh ppl be figuring it out
a year later, and after the fact.
ThickAsThieves: "The increasing cost of relaying transactions may end up making the currency too expensive to manage outside of
a small group of users. "
ThickAsThieves: i debated writing it all up and doing
a kickstarter, but i truly wnat nothing to do with running
a search co
ThickAsThieves: i have
a google killer idea i dont have the means to implement
dexX7: you want to have
a lot of fast accessible memory
dexX7: i bought some gpus, but i somehow feel like
a sucker, because now is probably the best time to resell that stuff.. maybe i'll even do likewise before it arrives.
a 7950 on ebay is worth 250-300+ eur here :D
mircea_popescu: anyway, the chances to find the actual nethash within an arbitrary precision are
a function of that precision.
pankkake: hats are often
a tool of imposters
pankkake: reddit common beliefs: 1) we are
a nice community 2) academia teaches you everything you need 3) fedoras are cool
Diablo-D3: as long as they treat their partner with
a respect and be part of the community and, well, not have AIDS
Diablo-D3: truffles: if you want to participate in the comedy, you need to learn when someone is trying to setup
a joke
ThickAsThieves: "Neoteny is not necessarily limited to physical features however. Currently,
a large minority with perhaps
a view of soon becoming majority of English speaking adults exhibit psychological neoteny, the sad state wherein their body has long reached maturity while their mind is still continuing adolescence"
Diablo-D3: ThickAsThieves: Einstein was
a very smart man, hes very underappreciated
mircea_popescu: anyway, nobody has to be
a slave. it's
a voluntary arrangement, and it has its advantages. chief among which that you're about 10x as quick to learn as
a slave.
Diablo-D3: I mean, if he actually HAS bought slaves, I know
a guy at interpol
Diablo-D3: whips, being tied up, getting brutally fucked, being kept in
a cage when not in use, that sort of thing
Diablo-D3: he just has (well, says he has)
a collection of women that like to be used and abused
TomServo: Hearing about his slaves is
a LOT more interesting that your paleo diet. Just sayin'.
Diablo-D3: I cashed out quite
a few into dollars
ThickAsThieves: lol i'm reading
a local article about city gov not paying its "futures" to the electric co
pankkake: "Through fixing this outstanding issue with BitFunder/WeExchange it will be
a good thing for Neo & Bee and the Bitcoin community as
a whole." :|
mike_c: so it's basically
a wager on "this bet will be popular"
mike_c: if
a lot of money comes in both sides it works out. if it goes heavily slanted one way the whole time, not so much.
mike_c: when more money comes in late, at
a low weight, you make money.
mike_c: you get
a bunch of money in early, at
a high weight.
mike_c: somebody caught on to the trick. dump
a bunch of money in early and kill the late guys.
a good move.
mike_c: hm, interesting.
a week ago the btc/usd 7 day volatility was the highest its been since August 2011
KRS|gotyawallet: one thing i have found is that there are
A LOT of local rap artists with
A LOT of talent and good songs
ozbot:
A Country Boy Can Survive - YouTube
mircea_popescu: nobody can be bothered to give her
a good lashing and put her to work, because this is more skilled and valuable attention than she "deserves".
mircea_popescu: the way the capitalist democracy works is that she gets the bare minimum to survive, much like
a cow in one of the insalubrous farms they invented.
KRS|gotyawallet: how so? in
a capitalist society she wouldnt be given anything, she would have to do something in order to survive ie: make herself useful
mircea_popescu: but this doesn't happen where she lives. why not ? because nobody gives
a shit.
mircea_popescu: she'd come back
a marrigeable, useful and generally sane and adult woman.
mircea_popescu: now, if amy got to spend
a few years on
a mexican farm among mexican people who'd put her lazy ass to work rather than ask her about her feelings
KRS|gotyawallet: he lives in
a VERY different system although he doesn't even live that far away from where i do
mircea_popescu: also unlike amy, he doesn't vote. he lives in
a different system, which both explains him and makes sense to him.
Vexual: its
a one man fuckin union
KRS|gotyawallet: i pay him moar because he works hard, is reliable and very trustworthy..i pay him his equivallent rate as
a documented worker.
KRS|gotyawallet: i have
a mexican i pay $100 for
a day of labour on my property..usually twice
a month..he normally makes $80 and works longer in on the farms picking vegetables.
Vexual: labour is
a free market, if you've got skills or whathaveyou, ask the price
Vexual: they dont camp there for more than
a night, let alone dig the shit up
KRS|gotyawallet: I was just having trouble understanding the worth of labour as it applies to democracy, which is more suited for
a discussion about capitalism.
Vexual: and
a phd in some bullshit noone wants to read flags you as
a kneeler
mircea_popescu: in fact she may well be worth zero. that's an achievement, for
a live human.
KRS|gotyawallet: On one hand we are talking about value, as it applies to labour which probably applies better to the context of capitalism and on the other hand we're applying that toward
a democracy which doesnt necessarily recognize value, but rather mob rule.
mircea_popescu: these all include two things : adversative education, which is to say education done forcibly, without bothering with the consent of the educated, and political power. neither exist in
a democracy, thus reducing the youth to this situation of neoteny.
mircea_popescu: the process through which the antique adolescens solidified into vir, ie,
a man, is the typical increase in value. it includes such experience as killing others, and being responsible for the self in new situations and so on.
mircea_popescu: KRS|gotyawallet no, i mean put them in
a position where their abilities and knowledge actually improve so that they are objectively worth more.
Vexual: but theres
a few unions that will dissappear
a politician
KRS|gotyawallet: whre its illegal in
a democracy to improve the capital value of labour? You mean pay
a man more than
a woman for certain types of jobs?
Vexual: if you bump your head on the scaffold of
a construction site, you havent much hoipoe
Vexual: we all must work within
a framework