tmsr - Search: i

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MJR_: i like systems based on mutually assured destruction

mircea_popescu: ya, and i'll be managing 100 txs x.x

MJR_: i was thinking of scamming but only wanted to do 50% of my possible scamming

asciilifeform: funny that, I'm an ethnic atheist. but I do see the spice and humour in "trial by combat."

mircea_popescu: but i think it's fully argued, i don't see anything more for it than what;s been said.

seongyupyoo: it's definitely interesting idea i'll keep in mind, so far one of the best and most unique

mircea_popescu: i guess that's possible tho.

seongyupyoo: so i would have incentive to try to increase destruction

mircea_popescu: seongyupyoo s.dice takes 1.9% of bets is what i mean.

seongyupyoo: well i think my margin would be higher than that

mircea_popescu: i never thought we'd have the problem of what to do with moneyz

asciilifeform: mircea_popescu: now if I run SDICE, I have the incentive to siphon BTC by triggering "destruciton."

mircea_popescu: o i got an idea :

seongyupyoo: i could do like a pick your own charity also

mircea_popescu: still,think : in the volume approach, i can wash trade myself into the 99% position.

mircea_popescu: even if it is still very bad i think (because bitcoin destruction is bad imo)

seongyupyoo: guess i won't be doing that

mircea_popescu: if i scam someone i get ~99% of the funds ?

mircea_popescu: in your model (active logins) : suppose you have 100 users. i make 9900 spam accounts and log them in daily.

seongyupyoo: i thought about giving it to charity also

mircea_popescu: i was asking because i think it's a horrible idea.

seongyupyoo: that is an idea... i was originally thinking i would just see past few days logins and distribute evenly, as that would be the easiest to implement

seongyupyoo: well sounds like you're exactly the type of person i would want trading on nashx, so let me know what you think, and i'll try to make it work for you, and that should work for everyone

mircea_popescu: so suppose i do 80% of trade on yoru site. does this mean i get 80% of all "Destroyed" funds ?

seongyupyoo: so i just wanted to get something working out there for people to see

seongyupyoo: i just don't want to go into coding all of that without knowing that this app will get any traction

mircea_popescu: if im the most active trader i have a perverse incentive to scam ?

seongyupyoo: yes, i won't be keeping in in the near future

mircea_popescu: yes but i mean... this is all handled at the website level ?

mircea_popescu: i destroy his coins anyway.

mircea_popescu: what about the byzantine problem ? ie, we both satisfy trade, i wait for him to release and then

seongyupyoo: you would not be making a 100 btc sale offer i don't think ever

mircea_popescu: so i would need to make a new offer basically ?

mircea_popescu: suppose i want to sell 100 btc.

seongyupyoo: i was thinking there won't be any

seongyupyoo: i don't think there is anything that can be done about those types of people who don't mind just throwing away money for kicks

BTCOxygen: But I have been paying you from my pocket.

mircea_popescu: topace ah yeah. i see.

mircea_popescu: say I just make a deal in order to destroy opm. just for the kicks.

mircea_popescu: kakobrekla nashx.com/about i think

seongyupyoo: is mircea here? I got a tweet from him asking to join this chatroom about nashx

topace: mircea_popescu: not really secret, i started mining with btcoxygen when he first started to help "test" his site... I asked for payment on the account from the hashes i contributed, but he didnt have the btc, so he's paying me slowly as he can.

BTCOxygen: topace: btw... I have sent you a PM.

topace: BTCOxygen: i already do have 20BTC "invested" with you :p gonna make another paymetn soon ?

deadweasel: i ain't swimmin

kakobrekla: no i aint driving.

mircea_popescu: i prefer to express that idea in the terms of the converse perspective.

mod6: holy shit i always forget that you can use `openssl dgst`

BTCOxygen: I will be the second investor.... lol

BTCOxygen: kakobrekla: I will put my funds into this once I see some interest.

mircea_popescu: i think the skepsidyne integrated node is pretty much the obligatory blueprint for all such pooled mining farm ventures.

mircea_popescu: BTCOxygen yes i get it, since oct 2012. nevertheless.

BTCOxygen: mircea_popescu: I Have not done much trading on OTC.

BTCOxygen: So please may I know where my plan is inefficient.

KRS-1: BTCOxygen: I read your business plan if thats what it was- I don't see how investing with you can net more profits than if I bought some of my own units from Avalon batch 4 if there is a batch 4..considering management and Dev costs

kakobrekla: i added my reply.

topace: i hear bfl has fancy in-house machines

ThickAsThieves: i imagine any job like that comes with a notable chance you;ll end up killed by your own too

asciilifeform: I imagine that working for Blackwater is less like being a normal whore and more like being the king's expensive mistress.

KRS-1: yep ..i dated a dancer or two in my time..they're fun but not worth the aggrivation most of the time

ThickAsThieves: i know nothing of whores, but i'd assume they, like many, want the easiest work for the most pay

KRS-1: sp. I frequent such establishments

KRS-1: What can I say its not hard to figure out. I frequent establishment such establishments.

KRS-1: mircea_popescu: the pay was never worth anything ...I used to do it (won't mention what) but it was Government employment and the pay wasn't dick. I went back to college and entered the corporate world and never looked back. Tripled my income and wound up working less/less stress..etc.

jcpham: i think i'm going to change careers

KRS-1: i visited many data centers and the sales people at each one do a great job at making you think not even houdini could get in or out

asciilifeform: I mention the collar because it is picturesque, and because it is a simple and elegant way to have a guy without a family to take hostage do something "voluntarily."

mircea_popescu: i don't keep up so well with the popcult.

topace: hehe no, i do not

topace: i wonder what teh roof is like

topace: i know very little about biometric identification, other than its fucking cool

Diablo-D3: I have told people at least 9000 fucking times

mircea_popescu: i can see it.

mircea_popescu: i would guess they just need to do a complete audit by now

TomServo: mircea_popescu: I hadn't, but hadn't heard of assignats either. Does seem strikingly similar indeed. I need to read more.

mircea_popescu: i wonder if anyone is noticing the striking similarities between the debates surrounding assignats back in 1790s France and the current debates re bond buying/tapering going on in the US.

damientrog: that's what I'd do

damientrog: hmm.. I'll ask him as well on Skype what the deal is

ThickAsThieves: i know things take time

damientrog: I think we'll be getting 5x as much (my last calc using dooglus stats)

ThickAsThieves: i guess at these prices it's not too bad divs-wise

ThickAsThieves: yes i did that for a while

damientrog: well I buy at 2.x

ThickAsThieves: i so no reason not to

ThickAsThieves: i've pretty much given up

damientrog: but I hope he does get his act together

damientrog: I just keep buying at this bottom price

Scrat: what do i win

Scrat: ThickAsThieves: i finally get it now

BTCOxygen: I will be editing this in a few hours.

BTCOxygen: mircea_popescu: I will add more if you want ...lol

mircea_popescu: BTCOxygen i detect insufficient yellow in your sale page.

mircea_popescu: i turn around, look at irc, it's... hey! read this! now you tell me.

BTCOxygen: ^^^^ This is what I am doing.

MJR_: yeah, i really want to send money to someone online

MJR_: lol, that was a great thread, and i love erik's response

MJR_: anyway, the main rule for "valuation" is something is worth whatever i can sell it for

MJR_: but no, you are right, i couldn't read his mind

MJR_: he pointed the gun at me, then fired...i assume his motive is to do me harm

MJR_: and if i think they are it isn't worth my time...tiberius is a perfect example, he will recycle arguments, switch to ad hominem, it is very easy to spot