312700+ entries in 0.069s
mircea_popescu: they will, and they are. just, not from the western block.
mircea_popescu: chetty boehnerheaded will be a thing. longer than boneheaded, but it's worth it.
mircea_popescu: lol the butthurt of the world financial system @ argentina is palpable. order a payment to argentine anything ? "risk flagged transaction". why ? o, well... because we dun want argentina to has moneyz. won't you reconsider ?
mircea_popescu: <dub> its not oily if you bleed it << he's found the cure for colesterol.
mircea_popescu: if you figure your odds are 2:5 put 2 btc on the short odds then put .8 on the long odds and there you go.
mircea_popescu: TheNewDeal: The site profits off total volume, not someone forking over a risky bet on one side << nobody prevents you from covering the short end after bet is approved.
mircea_popescu: TheNewDeal: Example was. If Bitpay is worth 1Billion usd, FB forks over 1 Billion USD, FB valuation stays same << this is an example out of the "spherical chicken in vacuum" variety.
mircea_popescu: bloctoc: they would have to be sold at a later date since there are no buy orders yet. << actually that 25 was a buy order iirc
mircea_popescu: moiety: i was marooned on the sofa for some time due to a rather fast large spider travelling around my livingroom floor <<< ahahaha so cute
mircea_popescu: "it's like airbnb of messaging and uber of boarding houses rolled into a joint and whazzup dude ?"
mircea_popescu: this sushi place i go to has salmon skin rolls, i'm like... wtf, make me an orange and banana peels salad next
mircea_popescu: they have no incentive (perhaps the best candidate for a satoshi oversight is not putting any incentive for tx relay at all) to behave properly and a lot of different types of misbehaviours necessarily include themn
mircea_popescu: anyway, node behaviour is going to be the major topic of 2015 i suspect.
mircea_popescu: seeing how blacklisting is still a thing, consensus kinda favoured current behaviour for good game theoretic reasons
mircea_popescu: well yeah. conversely, type 1 makes it obvious which nodes get poisoned
mircea_popescu: davout type 1 (pick one tx, relay that) "poisons" the nodes that got the dblspend. type 2 (relay all) doesn't.
mircea_popescu: davout not really much diff. sort-of poisons you as it were.
mircea_popescu: nobody's doublespending your .85 bitcent stale sandwich
mircea_popescu: 1 confirm (as opposed to 0 confirms) helps if they try to isolate you in the convey txn graph
mircea_popescu: 6 confirms (as opposed to 1 confirm) only matters if they are actively mining and attacking the chain
mircea_popescu: someone doing that much hash doesn't need your puny 5kw tumble drier
mircea_popescu: you got a better deal with this than with them putting in us quarters anyway.
mircea_popescu: get out. they gotta be physically there too, it's not worth it
mircea_popescu: TheNewDeal at the size of your purchase you can prollylet them go on one confirm. who's gonna dblspend for a can of coke
mircea_popescu: :p remember kitten, one of the first things i said to you was wtf you doing with the doge
mircea_popescu: davout yeah but yours doesn't count because it was before mine!
mircea_popescu: ine of reasoning and are entitled to hold that viewpoint; or your self-awareness and general level of intelligence allows you to change your opinion or view. Thus, being “wrong” (or having to defend your view) is encouraged!"
mircea_popescu: "That last point probably needs some elaboration. You see, #bitcoin-assets makes a distinction between “being wrong” and “being stupid”. If you are “wrong” about something the implication is (and should be) that you are self-aware enough to explain your reasoning well enough that one of three outcomes occur: those in conversation either come round to your point of view; or they agree that you have a valid l
mircea_popescu: but since pankkake got me re-reading old things, yea, i like this fluffypony bit :
mircea_popescu: <dub> is that an organisation for the purpose of immediately surrendering to anything that threatens crypto << don't knock it, it's a splendid strategy.
mircea_popescu: justusranvier lol that's quickly becoming one of the most loved b-a links
mircea_popescu: justusranvier i dunno. as a compulsive reader of supreme court caselaw up until about the 70s i must say it was pretty good literature.
mircea_popescu: “It is not the role of this court to identify and plug loopholes,” Scalia wrote. “It is the role of good lawyers to identify and exploit them, and the role of Congress to eliminate them if it wishes.” << i could see scalia as bitcoin chief justice.
mircea_popescu: "we decided not to go by what things are, but by what things seem to us" is nothing but an open invitation to be scammed.
mircea_popescu: “Why should any of these technological differences matter?” Breyer wrote. “They concern the behind-the-scenes way in which Aereo delivers television programming to its viewers’ screens. They do not render Aereo’s commercial objective any different from that of cable companies.”
mircea_popescu: anyway this aereo thing is going to cause problems in the future.
mircea_popescu: finding the source link to a quote has never been this difficult
mircea_popescu: just because scammers don't use gaap in fiat too doesn't give ignoramuses aspiring to comment the right to pretend gaap doesn't exist, or its use isn't legally mandatory.