291300+ entries in 2.085s
mircea_popescu: it doesn't seem too credible
a theory to me. for one thing, why would someone bruteforcing an account stop.
Rannasha: No, it's some sort of protection-mechanism that kicks in when multiple failed logins have been made on the account, locks you out for
a while.
mircea_popescu: and it's quite another thing to think you know the future and recount it to
a bunch of sexually frustrated men in uniform as an exercise in solving the world's imagined problems
thestringpuller: Silk Road vendors make the rest of bitcoin world look like
a scam.
ThickAsThieves: I have gone through the mental exercise of spending
a lifetime in prison and of dying for this cause. I have let the fear pass through me and with clarity commit myself fully to the mission and values outlined in the Silk Road charter. If you haven’t read it yet, please do. " ~DPR
ThickAsThieves: There has been more than one occasion where I have wanted to quit as well. Without going into details, the stress of being DPR is sometimes overwhelming. What keeps me going is the understanding that what we are doing here is more important than my insignificant little life. I believe what we are doing will have rippling effects for generations to come and could be part of
a monumental
ThickAsThieves: "Atlantis was good for Silk Road and the community at large and I am sad to see it go. Yes they were
a bit cocky and aggressive, but they never crossed the line and did anything unethical, and they served their customers well. They reminded us in the Silk Road administration that to stay #1, we have to be constantly thinking of our users and how to serve them best and can not take for
thestringpuller: the narrative qualities make the story play out like
a film
thestringpuller: So
a hobo ends up finding them in the end as if he won the lottery.
thestringpuller: In the end the diamonds get thrown into
a garbage truck, and no one is able to find them.
thestringpuller: so in GTA IV these uncut diamonds, of course stolen between some 20 parties, come in on the boat with you. then it becomes
a game of "who ends up with the diamonds".
mircea_popescu: sounds like planning
a... hm. is it
a ponzi if she likes to suck it ?
mircea_popescu: Just-Dice & Towtoad were registered
a week between each other. Meaning Celeste/Nakowa had already planned on releasing
a dice site BEFORE he won the excessive money from JD? It sounds like planning ahead to me... planning ahead
a ponzi
ThickAsThieves: it's basically
a mining farm fund of whatever type they whimsy toward that day
pankkake: my best performing litecoin asset is
a PMB, who would have guessed?
mircea_popescu: gotta love the free market. the only method to organise
a bunch of retards with
a sprinkle of sanity into something that regularly wrecks the best laid out scamplans.
ThickAsThieves: rate, but I see it as in my interests as main shareholder to boost liquidity and make the pass-thru
a success."
ThickAsThieves: "I've just offered 500 CIPHERMINE-PT (some of my personal shares) at
a knock-down price of 0.05 BTC/share. I personally remain convinced that CipherMine's share price will recover to its earlier levels within the next month or two as our armada of ASICs get rolled out so this is
a good chance for you to get in on the action. I don't intend to do many offerings like this at below market
ThickAsThieves: i like how she boosts liquidity by flooding
a PT that has an empty bid book
ThickAsThieves: rate, but I see it as in my interests as main shareholder to boost liquidity and make the pass-thru
a success."
ThickAsThieves: "I've just offered 500 CIPHERMINE-PT (some of my personal shares) at
a knock-down price of 0.05 BTC/share. I personally remain convinced that CipherMine's share price will recover to its earlier levels within the next month or two as our armada of ASICs get rolled out so this is
a good chance for you to get in on the action. I don't intend to do many offerings like this at below market
jurov: asked me for
a feeless coinbr account in exchange for traffic :)
jurov: did
a dude from coinjabber contacted anyone around?
pankkake: we have one French "respected" guy in politics who once said there had to be
a maximum age to live
ThickAsThieves: well then bitcoin isnt
a ponzi as long as you have infinite bagholders!
pankkake: social security is not
a scam as long as you have infinite people!
ThickAsThieves: btw tactm did reply to my question about the BTC volume for Gox in August, with
a clarification question. I clarified and he never responded again. He did seem
a little proturbed...
mircea_popescu: email to you
a few months ago and i was not sure you got it that is
mircea_popescu: "my name is basil williams
a lawyer by profession , i sent an
Scrat: it was around
a 3sigma deviation
Scrat: fractal: I've had
a guy go +135 on my website spamming 3 btc on the 50%
Scrat: not even
a hundred
Scrat: which he doesnt obey because he is doing
a few hundrend 400 bets
Rannasha: Nakowa is also the only gambler with
a bankroll of that magnitude. So him having
a lucky streak significantly offsets the sites overall stats.
Namworld: He could graze in it and sing to
a crowd of spirits.
Namworld: Should I get him
a fenced field, put him in it, and you know, let him run free?
mircea_popescu: (what I thought would happen is they would kill me, bitcoin forum would take notice, world takes notice, economy collapses and society breaks down for
a concert to be organized. I would descend from the sky, like
a UFO and bring peace.)
mircea_popescu: "Dank, I had
a dream that you returned to me the million dollars that I loaned to you in my other dream. "
Namworld: I assume since he was in the past coherent he's either
a troll who stole money and now is just trolling hard. Or he was already slightly paranoid and the threats made his mind dive where it could not return.
random_cat: i was merely commenting that ripple's debt model is
a direct facilitator of fractional reserve for all one might trust
Namworld: Yes, any service with
a balance could be fractional.
random_cat: we already have
a well known fraction reserve bitcoin bank called "ripple" amont others
Duffer1: i think backing up addresses with issuers is
a reasonable precaution
Ukyo: If i posted that in btct's thread, it would have defenitely been an attack, and not to get
a shared consensus from other investors
mircea_popescu: Duffer1 burnside is in cya mode atm. i don't evaluate what he says from
a different perspective.
mircea_popescu: if type 3 is large enough we get
a runaway reaction which is bad.
Duffer1: ukyo you're not wrong man, but pr dodging the exchange operator couldn't be
a bigger red flag
mircea_popescu: if type 2 is large enough the scammer ends getting
a negative net before being mauled to shit by 1.
mircea_popescu:
a good 90% of the "volume" is the scammer trading with himself. the remainder 10% is distributed among the 1-2-3 types.
mircea_popescu: asciilifeform well it's
a little more complex. some people buy for the lulz, which is exactly the same process that sunk patrick harnett way back when : have someone with
a small but definite investment that takes you to court and kills you.
Duffer1: with the amount of coin involved it was
a bunch of us that bought in
Duffer1: so much so that it being an outright scam is
a very real concern
Duffer1: they were supposed to bring
a bunch of hash online using their own proprietary chips, they botched it. that coupled with the epic incompetence of their pr it's all gone to shit
Duffer1: xaviar did
a good job of making that painfully clear to everyone
a couple weeks ago
ozbot: SANDSTORM: -
A Collective Investment Vehicle for BTC. -
ThickAsThieves: I wonder if Labcoin will survive to have
a longer thread than AM
kakobrekla: and dont get all sassy, its not an insult, its
a cultural reference
jborkl: gotta be careful icemining with
a drill
jborkl: well, it looks like
a race to zero for icedrill vs actimining on Bitfunder
jborkl: |*|UPDATTED|*| < maybe the Solarwind guy should fix the huge red
a blue bolded typo
kakobrekla: yeah but you are describing
a mathematical probability
pankkake: I feel like the times when blocks aren't solved for 1 hour is
a problem
mircea_popescu: it's
a nitnoy thing, but you know how it is, bets get contentious after they resolve.
pankkake: I was missing
a minimum days of obversation, maybe
pankkake: you would have to take the risk of
a statistical variation
mircea_popescu: because signatures with
a history have
a value. my signature is oposable to me, i'm never going to share it for that reason. (miner than can go, hey, here's
a contract you signedm, you owe me 10000 btc)
mircea_popescu: because signatures with
a history have
a value. my signature is oposable to me, i'm not likely to share it for that reason. (miner than can go, hey, here's
a contract you signedm, you owe me 10000 btc)
mircea_popescu: sadly, people want to participate in bitcoin without
a clue of what's what, how it works and why it works that way.
mircea_popescu: for instance, if i were to sign blocks with my gpg signature the suspicioun would be misplaced, as it's not bloody likely i've shared my private key with some random miner to win
a bet.
mircea_popescu: if i offer
a miner 1 btc per block to sign it for me, that's just 1 extra btc he makes, like the fees.
mircea_popescu:
a bet of the sort "labcoin will sign at least X blocks in octomber" is weak however, because most miners don't sign their blocks.
mircea_popescu: hashing is not measurable directly. it is inferred. having
a few blocks signed does not prove any particular hashing.
kakobrekla: theres
a difference between they will show the hashing or really be hashing
pankkake: labcoin providing
a proof of at least 1TH/s of mining with either signed blocks or public pool username
kakobrekla: i mean if theres
a [+] means previous not 0.003 was lower than that
mircea_popescu: at least you could have left two spaces between ] and [ in that spot as
a typo