289700+ entries in 0.058s
mircea_popescu: o hey bitcoin outlets ? there've just been a quarter million dollars worth of btc bet within an hour. this is not news because you don't know where news in bitcoin breaks or because you don't know what news actually is ?
mircea_popescu: ThickAsThieves well sure, that's what ethereum is trying to achieve.
mircea_popescu: they have the same thing in argentina, it's called "precios cuidados". you can buy cheap shitty rice and w/e for pesos as if the official rate were meaningfull.
mircea_popescu: don't trade it for other things and you won't know how worthless it is.
mircea_popescu: here are "your" ten dollars and here's the list of things you may trade it for.
mircea_popescu: bounce no dude. that's how they rationalize it, but really, the problem is the money is worthless. to maintain its appearance of value, its use has to be limited
mircea_popescu: well something like that. "let suburbia buy drugs while interacting with dealers on social media" was the idea
mircea_popescu: but it didn't really go anywhere. they got too much drivel and the judges don't really get impressed.
mircea_popescu: ThickAsThieves they were trying that shit, mostly to elicit new information, some vague hope to make jury think onoes realbadman.
mircea_popescu: i think the prime of "we're selling bitcoin to pay for stolen credit cards" is come and gone.
mircea_popescu: three govt owned banks pushing govt script back and forth, what exactly is going to be so laundery about that ?
mircea_popescu: ThickAsThieves you gotta understand the otc market is really a bunch of large players, in us fiat.
mircea_popescu: asciilifeform well i suppose i misread. yes, as a internal-regulations-abiding inmate, it doesn't exist for you.
mircea_popescu: asciilifeform you're lieing to yourself. in point of fact, on the strength of your wot rating yo ucan participate just fine.
mircea_popescu: that shit's going nowhere, suddenly they found extra utility for all the moles placed in random shitholes.
mircea_popescu: what happened was that one favoured party got the benefit of "match the best offer we get", is the problem.
mircea_popescu: nubbins` if you recall that bet is still in contention.
mircea_popescu: los_pantalones can you actually confirm what you bid ?
mircea_popescu: of course nonsensical bs like "a perfectly fair price index" would get approved by the sec, bec, dec and heck in short order.
mircea_popescu: that means they're playing with confederate bills somewhere in the nebraska territory of bitcoin
mircea_popescu: to imagine the entire set of noob exchanges today have 50% of the volume of mtgox in 2012 is to overstate things.
mircea_popescu: asciilifeform the joke being, of course, that bitcoin had an otc market larger than the exchanges back in 2012.
mircea_popescu: pete_dushenski not the same link, just the same title.
mircea_popescu: the only correct response to one that wishes to impress you with meaningless bloodletting is MORE bloodletting, better directed.
mircea_popescu: <asciilifeform> is the answer for king to decree 'anyone may call himself a man of medicine' ? << yes, actually.
mircea_popescu: i'm talking about things that are fundamental, not mere convention built atop and supported on nothing really.
mircea_popescu: asciilifeform no, see, those are circumstantial. it's not about the press. if the chinese took over tomorrow it'd be all over the washington post.
mircea_popescu: meanwhile, the pua people DO have things they'll never print.
mircea_popescu: consider what that "unfit to print" was in 1950, and in 1975, and in 2000.
mircea_popescu: the investment of hate results in online success, the failure to invest it results in online failure.
mircea_popescu: the press meanwhile knows no greater enemy than... another press outlet, especially in the same market
mircea_popescu: my own pet theory, which you may laugh at as you will, is that the difference is the investment of hate. these people hate women, fundamentally, and as such they no longer need to look out for enemies, and so everyone else is a friend.
mircea_popescu: asciilifeform is what i thought too, 2011ish. but here's the thing : these people now do book deals,
mircea_popescu: meanwhile "the press" avoids linking to people like the plague, as the quoted piece from maddox yest showed. and i suspect this has a lot to do with their collapse, it's not the internet, is that they misunderstood the importance of reference.
mircea_popescu: i suspect it's exactly the only reason they eked into a modicum of relevancy for the social discourse
mircea_popescu: no, they link to nobodies, to beginners, to people in their comments, they link like their fucking life depends on it
mircea_popescu: it's not even a matter of, some people in a conclave circle jerking
mircea_popescu: and since we're on the topic, it's fucking incredible to me how abandonedly they link to each other.
mircea_popescu: there's this group of people, who figure they've figured out women. they're not entirely correct, but they do have some good points.
mircea_popescu: nah, just some keywords in a specific set of... philosophy is muchly said, but anyway. worldview
mircea_popescu: well if i could condense it in 500 words i would have already.
mircea_popescu: kakobrekla not really, cause small kid tends to paw, and clustered keys is one of the main enemies of entropy
mircea_popescu: respec, attention, the feeling of doing the right thing, we
mircea_popescu: in fairness, she's probably getting more for her buck there than in any possible alternative.
mircea_popescu: yeah srsly, what do you want from me. im not hiding any kidnapped us chicks for you folks.
mircea_popescu: ThickAsThieves well sadly they're pua concepts, but they already wrote fiddy billion words on the topic since 2010 and im too lazy to re-write the shit in 100k. especially since in the 5bn words they actually did cover 90% of the 100k, and you should be able to filter.
mircea_popescu: ThickAsThieves time to go read up on game, frame, hand and all that.
mircea_popescu: <ThickAsThieves> my wife is all 'maybe this bitcoin thing isnt such a good idea' << if i had to take a bet on the matter, it'd go like so : it has exactly zero to do with any rationalisation she comes up with and everything to do with how annoyingly you've changed since getting involved with these loser geeks.
mircea_popescu: * xmj would love to work for Bitcoin, btw <<< sure, but doing what.