316400+ entries in 0.083s
mircea_popescu: on one hand it's completely irrelevant who "judges" these things, just like the people running around begging perelman to take their "award" so they may say "o we gave perelman an award, please think we matter" are irrelevant to math
mircea_popescu: people are incredibly arrogant, so a bunch of them getting hurt badly is good news.
mircea_popescu: "vcs", "entrepreneurs", "consulting", "conferences", "startups", "deals", "investing" and so on and so forth till you're bored.
mircea_popescu: byut anyway, the circus is the circus. this is why we call it the circus, this is why we despise it, this is what it does.
mircea_popescu: a collection of three idiots does not become a startup through their declaration to that effect, in my view.
mircea_popescu: Many knowledgeable observers called the whole thing a success. Irvine’s team wound up with three million in BTC after all. Ryan Galt, an investor who blogs as Two-Bit Idiot, noted the “pump-and-dump” that happened but said the number one takeaway was to make sure to get in early when a “hot new coin-related startup announces a crowdsale.” “You better be ready to buy the second it goes live,” he wrote.
mircea_popescu: cause when you go "let's do this thing that'll make our worthless turd look valuable" that's what you're doing.
mircea_popescu: Jacob Farber of Perkins Coie who advises Bit Angels wrote, “It seems pretty clear that there was no intentional market manipulation. The question is whether there was an ‘appearance of market manipulation’, or an ‘unintended market manipulation’.” <<< it's pretty obvious that there was quite intentional, and quite fraudulent, market manipulation.
mircea_popescu: “All issuers selling securities to the public must comply with the registration provisions of the securities laws, including issuers who seek to raise funds using Bitcoin,” said Andrew J. Ceresney, the SEC’s enforcement director in a press release. “We will continue to focus on enforcing our rules and regulations as they apply to digital currencies.”
mircea_popescu: We took advice from the US lawyers via BitAngels and also local lawyers in Scotland,
mircea_popescu: so im fishin' in rift an' shootin' da breeze in -assets. what better lyf is there.
mircea_popescu: course mine wasn't an actual c64, butmoar like a clone48
mircea_popescu: " The performance we've had is astounding, and just because it lags behind the performance of Bitcoin should not take away from that."
mircea_popescu: <dub> but around age 6 I had my book (yes book) of games and c64 << i had one of those too
mircea_popescu: <asciilifeform> btw i never had the 'wolf & eggs.' too l33t. borrowed from kid next door. << that kicked ass
mircea_popescu: actually, failed isn't even the word. we need something strong like the french rate
mircea_popescu: benkay also known as moral hazard, this, and why someone's gotta put a stop to it
mircea_popescu: for the other, how do you know what he's stashed away ?
mircea_popescu: for one, things don't look suspicious for what they are, but for what they look
mircea_popescu: the time to <derp derp derp> is nigh, if not upon us already
mircea_popescu: apparently the guy is a total gold bug. the ever helpful tardopedia : " His 20 year tenure as head of Forbes magazine coincided with the decline of the publication and the Forbes family empire."
mircea_popescu: asciilifeform was he a chechen living in turkmenistan ?
mircea_popescu: asciilifeform i doubt it. he's actually more expensive to kill than to ignore.
☟︎ mircea_popescu: and their political position is made more difficult by the presence of the millitant communists in the democrat party.
mircea_popescu: there's no certain reason for it to work for the entire finance bureaucracy
mircea_popescu: davout because to this day about half of the us bureaucracy is shielded by only the flimsy "nobody could have predicted"
mircea_popescu: which is not only unpleasant but in many cases quite dangerous
mircea_popescu: davout asa bonus he has a lenghty list of "i fucking told you so" for various people.
mircea_popescu: yeah, but his simple existence poses some very significant ontological problems to many folk in socialist academia
mircea_popescu: he's disliked by the people who imagine he's not their peer.
mircea_popescu: Thanks everyone for the incredible amount of support on this project! I hope we're just getting started."
mircea_popescu: Now - 6/12/14 Seat Price: $22.20 BTC Distributed: 0.056 BTC
mircea_popescu: i dare say the taleb notes and the gangue of great minds found at their burial are not the same
mircea_popescu: and this is perhaps the first time i used "dude" in its proper fucking sense in this chan. go me.
mircea_popescu: davout some dudes, tried to traverse the utah salt marshes, died.
mircea_popescu: whereas an uncombed, out of bed appearance like those notes is actually better according to the readers
mircea_popescu: asciilifeform yeah this is an interesting point. people believe [because they're trained in school to believe and they never examine it ?] that the "proper" form is and they're at their best in book form
mircea_popescu: <davout> mircea_popescu: well, if you count $10k/month/person that's like 3.6mn/year in salary, that's not *that* much compared to what they raised, and they haven't been 30 for that long o a time i'd assume << you know the donner party also wasn't as large before as it was at the point it starved to death.
mircea_popescu: the owner is already swallowing random dusts from strangers.
mircea_popescu: <midnightmagic> inb4 someone finds englund's rehire << lol k/
mircea_popescu: from what i hear this 30mn bought them a lease on life worth about a year.
mircea_popescu: once they start laying down rail track and optic fiber...