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308000+ entries in 2.198s
Willdude123: It's just a quick python program they want me to write.
Willdude123: I have a kinda job offer from someone willing to pay bitcoins.
Namworld: It's easier to have a profit margin, but harder to get enough profit that it's worth the time.
Namworld: You'll get more who turn a profit, but less which succeed.
Bugpowder: probably a bad ideas benkay, most businesses fail
benkay: better yet, come up with a business that generates coins.
Bugpowder: pyramining is a ponzi scheme
Bugpowder: asicminer is a real company
Bugpowder: well, a handful
Bugpowder: i have a bunch of those
thestringpuller: It's not really that much commitment. You can attach the shiggity to a breadboard in a day easy
benkay: they're a scam
benkay: buy a bfl!
Bugpowder: do not buy a bfl
Willdude123: Urgh. I have no clue what to do. I'm not sure if I should invest in ASICminer or buy a BF
dub: ThickAsThieves: what I was not understanding is that you were making a point too obvious for my point parser to identify
dub: that is not a loss
ThickAsThieves: that is a past success
ThickAsThieves: it's a convenient rationale
mircea_popescu: (they both being a promise of performance made by the world at large)
mircea_popescu: from a certain equitable perspective to present valuer you lose the same.
dub: make a blog about bad analogies
mircea_popescu: this is a very bad analogy. very very bad analogy.
dub: say I call and order two hookers but three show up, I bust a load on six titties
dub: its a loss of potential profit well over and above the profit I've already made
ThickAsThieves: its still a oss
ThickAsThieves: if you have a million bucks in the back
mircea_popescu: you two have a nice accounting dispute started
dub: for people like me that bought AM at <US$1 the risk is a lot less than those buying in now at >$150
mircea_popescu: is that you lose a nice meal
ThickAsThieves: btc itself is a risk
mircea_popescu: they may encounter problems of all sorts, it's a tossup
dub: the risk is a lot higher than any conventional investment
dub: you should keep in mind that nobody knows who AM are, they are operating an illegal business in a country with no real laws
ThickAsThieves: to avoid a wipe out ;)
WILLdude: Is there a reasonably good chance that I'd at least get my investment returned?
dub: that furkinap(?) dude has a blog post about buing ma
ThickAsThieves: the official thread is a nightmare
ThickAsThieves: if you buy your shares from an exchange, some of the operators do take a % as a management fee
ThickAsThieves: there are a fixed amount of shares
WILLdude: This is a really dumb question, but if more people buy ASICminer shares, would I get less dividends?
mircea_popescu: sometimes it makes a killing, like the 10k in jan or w./e it was
mircea_popescu: atm the market is flat and im making a ton because people shortsold.
mircea_popescu: <benkay> b0n1: mp is running a a financial operation that makes money when the market stays flat. << this isn't actually right
benkay: actually, this might be a good time to subscribe to an MPOE bond issuance.
benkay: b0n1: mp is running a a financial operation that makes money when the market stays flat. he'll want the market to stay flat.
jborkl: I got it from a private channel, and reposted it
b0n1: but couldnt this happen a bit more up?
mircea_popescu: but i'd rather have a match than a lighter
thestringpuller: so how do I know you aren't a vampire?
mircea_popescu: hit the title, it reads a random article
truff1es: http://qz.com/83121/1-billion-waze-acquisition-is-yet-more-proof-facebook-is-no-longer-a-social-network/ that place has lots to read
jcpham: did he call kakobrekla a cnut
jurov: i have a bet
mircea_popescu: jcpham you;'re such a week troll you know :D
jcpham: looks like a lot of words
mircea_popescu: benkay so ask a question.
jcpham: accidentally a word
jcpham: tesla should just a bitcoin client in the car
benkay: that a thing happened.
mircea_popescu: tbh, it probably could be said that unlike the moldbug fellow i have the advantage of not reallty giving a shiot avbout the us government
benkay: jurov, I think that's a meta-joke. "none of this matters anyways because the thing I'm trying to tell you ruins your life regularly will ruin your life about this as well."
benkay: I don't know that MP cares about convincing a small slice of the American technocracy that the USG is broken and/or dying.
benkay: but if you need to break through a firewall...
mircea_popescu: it's nother to try and get a virus on
mircea_popescu: yet another marketeering blog ? such a waste of time.
mircea_popescu: this is a prime reason to suspect nobody sees it.
truff1es: Mencius is a contraian, how could i hate that
thestringpuller: I am a difficult student
benkay: mircea_popescu: he has a different agenda. using that word would drive off the soft-minded he's trying to implant viral ideas into.
benkay: a hunch
benkay: a bet
thestringpuller: it's weird to hear a non american use that word
thestringpuller: My political discourse usually involves: allowing people to have a choice, vs. not allowing them to make a choice.
benkay: no human with opinions worth paying attention to is a strict any one of those
mircea_popescu: <thestringpuller> pop culture entrepreneurship involves creating a problem that really doesn't exist and marketing a solution to it, to grab the next round of funding from the daddy figure you never had growing up << amazinglty apt summary
thestringpuller: That's how Atlassian became so big in under a decade.
thestringpuller: pop culture entrepreneurship involves creating a problem that really doesn't exist and marketing a solution to it, to grab the next round of funding from the daddy figure you never had growing up
thestringpuller: the key to true entrepreneurship means solving a legitimate problem
thestringpuller: benkay: I did find a shop where that is encouraged. Too bad capitalist countries don't condone true entrepreneurship
benkay: ready for a rollover?
benkay: it's a shame you didn't find a shop where that kind of spirit is encouraged
thestringpuller: No, like mircea_popescu, I am "a difficult student".
benkay: get a job as a jr sysadmin
thestringpuller: Trilema is a differenet subject than I'm studying.
truff1es: i make it a sentence or 2
truff1es: have yet to read a full article on there..
mircea_popescu: a
benkay: trilema's probably a better education than whatever you're studying, thestringpuller
truff1es: students affect long term economy of a nation
benkay: as I said to a lady last night: "banks offer returns. students don't. end of story"
truff1es: benkay would u say its perfect time for a nap?
benkay: is bitcoind team actively working on a spec?
benkay: to a spec?
kakobrekla: 18:59.10 ( @dhill ) if you run godoc, that will give you a lot of information
kakobrekla: 18:58.55 ( @jy-p ) we obviously don't have a draft RFC :)
kakobrekla: 18:58.36 ( @marco ) it's a half no
kakobrekla: 18:58.28 ( @marco ) it is looking like we will help getting the spec in order once development slows down a little
kakobrekla: 18:58.18 ( kakobrekl ) so thats a no then?
kakobrekla: 18:57.57 ( @jy-p ) if you check out the godoc and comments, btcwire encodes a lot of the spec-related info