log☇︎
310600+ entries in 2.323s
usagi: All I am concerned with now is providing 1:1 leverage with silver since I believe we are approaching a long-term bottom in silver priced in BTC
seongyupyoo: i would prefer to have a system that is good by design than have to hire people to watch over it
usagi: That's what I did with my company TU.SILVER. I have a registered CA looking at the books, and a highly trusted community member providing operational oversight
seongyupyoo: if i just leave it as is, i have incentive to make fake accounts and go on a destroying spree
usagi: That's essentially what your doing. It's like a late fee charged at a video store
usagi: so I would not try to justify how you do it, just state that you keep the funds "like a library fine" and leave it at that.
maximian: Bitcoin has a mechanism for multisig transactions - destruction isn't necessary
usagi: Oh nashx. Thats a good idea, if it works you will be rich.
kakobrekla: seongyupyoo, balances and txes are public and audiable... so transparency is not a big issue
usagi: So your goal is to make it legit.. and your not planning to quit, as a result of that? you will see this through?
seongyupyoo: where as if it was under mosaically umbrella, then it would be under a corporation
usagi: I'm trying to understand this, so, you want to run a mining pool?
ThickAsThieves: 1st problem seems like a non-problem with a non-solution
seongyupyoo: also i figured out a way so that nobody will ever have to risk 100 BTC
seongyupyoo: then i'd need to provide many transation id as a proof of destruction
seongyupyoo: i should start running a pool where i keep the transaction fee lol
seongyupyoo: well, if i send a lot of small ones, it would be hard for the traders to check their fund was destroyed
ThickAsThieves: you might want to send a lot of small ones
ThickAsThieves: because you might not want to send a 100btc tx fee
maximian: send 0.00000001 BTC to any address, and specify a fee of 99BTC
ThickAsThieves: you have to send an actual amount (i think) plus a tx fee
seongyupyoo: i'm just trying to clarify how to make a transaction
mircea_popescu: like, make a tx with 100 btc inputs, 1 satoshi outputs
mircea_popescu: 3 you could just add it as miner fee in a tx.
ThickAsThieves: you dont want to be a destroying coins
mircea_popescu: well, 1 justg send them to a fixed address like 1blackhole398759347589
mircea_popescu: A recent investigation has shown that the number of clicks on search results stemming from a given country correlates with the amount of investment in that country
asciilifeform: jcpham: idea: rape the algo traders who read this by implementing a contrarian algo
thestringpuller: haters everywhere, tell em to grow a pair?
gribble: Error: "tiocker" is not a valid command.
gesell: was from a long time ago
gesell: hmm... well i had a lot of orders at $88 that got fulfilled
KRS1: prolly a different exchange?
KRS1: look, its like this..this shit is nuttier than a port-o-potty at a peanut festival
pgp3: someone dumped A LOT of coin... jeez...
pgp3: just looked at chart... shit... a couple hours can be an eternity in bitcoin land... ☟︎☟︎
asciilifeform: don't look a gift horse... in the arse?
MJR_: and lol...there is actually a 3rd entry
MJR_: wow, talk about a time when context could really matter\
MJR_: To increase the liveliness of a horse by inserting an irritant, such as a piece of peeled raw ginger or a live eel, in its fundament.
mircea_popescu: "to feague a horse is to put ginger up a horse’s fundament, and formerly, as it is said, a live eel, to make him lively and carry his tail well. It is said, a forfeit is incurred by any horse-dealer’s servant, who shall show a horse without first feaguing him."
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a (1 more message)
mircea_popescu: what are you like a kantian ?
mircea_popescu: jborkl there was a dude earlier telling me my article is out of date
asciilifeform: more like "prospiracy" (things that happen a certain way, because it actually makes sense, but having the appearance of purpose.)
mircea_popescu: dude everything's a conspiracy with you.
gribble: MtGox lag is 2.923985 seconds. During this time, light travels 0.00585963320143 AU. You could have sent a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
asciilifeform: even if he's a natural.
asciilifeform: rms above is a bad example. he has a "mad hermit" image (external and internal, as well) to maintain.
mircea_popescu: kakobrekla got a better one for you : http://polimedia.us/dtng/c/src/136685028116.gif
MJR_: anyway, people either avoid challenges or welcome them, that is a great heuristic for separating out those who will learn and those who will do what they are told
asciilifeform: mircea_popescu: I'm more of a "reich der zwei" sort of guy
mircea_popescu: fuck, rms needs to be told to take a bath.
mircea_popescu: asciilifeform i don't believe that separation is a matter of fact.
asciilifeform: mircea_popescu: don't know about you, but I would prefer a system that is up-front about the goal of separating people from meatpuppets, rather than pretending to do a million other inconsequential things
gribble: MtGox lag is 118.574281 seconds. During this time, light travels 0.2376215315 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
mircea_popescu: sounds like a beating.
MJR_: just a small example
MJR_: i figured out how to use *nix systems because i didn't have a computer and wanted my iphone to do everything a computer could do
MJR_: i usually find that i learn the MOST when i have to solve a problem...no problems, no learning
mircea_popescu: my cto used to drive a truck for instance.
asciilifeform: "The world's best magician cannot pull a rabbit out of a hat unless he is already in the hat."
mircea_popescu: MJR_ then you're a gypsy racist
asciilifeform: "education" is a seriously abused word in application to the schooling of the masses. The root 'educe' being == 'to bring out.' There isn't usually much to bring out.
MJR_: that is a good first step
ThickAsThieves: as a species we are capable of absolutely anything, it's just a matter of when we decide to do so
MJR_: not because you want others to give you credit for having attended a school and paying tuition
mircea_popescu: will sit patiently in a glass waiting
mircea_popescu: it's a "rational agent", ie, like water : can be dammed, can be piped...
mircea_popescu: ThickAsThieves the unions have a great idea on the subject.
mircea_popescu: MJR_ azns get the stick. a lot.
mircea_popescu: i don't propose this as a practical solution, mind.
ThickAsThieves: everything we do could be called a big distraction from self-awareness of our own mortality
asciilifeform: "with an ugh and a groan and a click of the heels, death comes quiet or it comes with squeals..."
asciilifeform: times table and lashes plus a real person = educated, functional; times table and lashes plus a meat pupper: expert at dodging punishment.
gribble: MtGox lag is 50.300903 seconds. During this time, light travels 0.100802446415 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
mircea_popescu: jurov not as a theory.
asciilifeform: the kid is taught the times table to see if he is trainable. as witnessed by the fact that the times table continued to be taught, even in times and places where the people running the show don't give a damn whether anyone actually knows their times table.
mircea_popescu: MJR_ for that matter, people keep going "o, i dunno what good a philosophy degree would be IRL"
ThickAsThieves: yet i got a job that involved it and took to it quickly
mircea_popescu: age honored way is to go "either you learn this or i mash you into a pulp"
ThickAsThieves: use a more applied way of schooling
ThickAsThieves: admittedly i'm a bit more of an idealist, evolutionist
ThickAsThieves: yes, and we can do a better job helping them to do so
mircea_popescu: you can't expect them to self-motivate. if they had enough of a clue as to what's what they wouldn't need school.
mircea_popescu: there's a lot of power in the conservation instinct.
asciilifeform: any system of organizing society (education, work, whatever) that doesn't include a hard mechanism for separating actual people from meat puppets is doomed.
asciilifeform: the urban poor are a tremendous profit making engine for various industries (e.g. pharma: http://partialobjects.com/2011/06/staggering-thought-of-the-day/) into which oceans of money are funneled through them.
mircea_popescu: listen, it's very simple. kid today as 5000 years ago has to answer a simple question : why the fuck am i learning all this ?
mircea_popescu: asciilifeform the us employers are forced into being a sort of government subsidiary.
ThickAsThieves: can we get a picture of you taking a picture of you taking a picture of yourself?
asciilifeform: drug testing is a multibillion-dollar business in the U.S.; arguably it is the employers who are the chumps here (they are bamboozled into thinking that it matters whether the fry cook smokes dope.)
mircea_popescu: motherfucker. got a new camera, has EVEN SMALLER USB
ThickAsThieves: is that a need or a preference?
mircea_popescu: it's a fact.
mircea_popescu: here's the thing : there's always going to be a class of people who need to be told how to live.
ThickAsThieves: how about a anthropological or philosophical perspective then
jurov: but had to wait for libertard who expounded for hour and a half
asciilifeform: " It is a curious fact that in America public assistance is only made available to the miserable and the downtrodden, not to those who are in need of some free money but are otherwise perfectly content. Although it is just as possible to be poor and happy in America as anywhere else, here one must make a choice: to avoid any number of unpleasant situations, one must be careful to hide either the fact that one is
jurov: omg, i was only admin for 7 years in a little company