log☇︎
318900+ entries in 3.185s
Namworld: I love these new options. I can finally buy for a fraction shares rights to buy/sell something.
pigeons: the first one, a PM from usagi about the TU.SILVER books he is sending
pigeons: "The only thing I ask is that, since this is a paid service, you not share the data in public (i.e. in a forum post) or something like that."
mircea_popescu: bugpowder didn't say a word in here about it ?!
kakobrekla: well thees a read
mircea_popescu: that's a sad indictment of the various exchanges i guess
Chaang-Noi: having the stocks stored with a 3rd party adds more risk, and i dont think that risk is worth the 1% i would get
Chaang-Noi: i trust friedcat a lot, some of the exchanges, not as much
Chaang-Noi: that is not worth the risk the exchange just might do a glbse
Chaang-Noi: shorting a stock that goes up 8005, still makes money, you are my new god:)
Chaang-Noi: find a guy who wants to sell, agree to price, tell friedcat
Chaang-Noi: there is a lot of volume you cant see cuz otc
Namworld: There was a S.DICE IPO?
bgupta: well IPO is a bit different..
Chaang-Noi: on 9-11 the got a photo of a guy on the towers with the airplane behing about to crash played on cnn
Namworld: not responding tho. He must be on a BitVPS vps...
Chaang-Noi: yeah, its like cotten candy but with a strong vit c taste
Chaang-Noi: i did hear tehy started to open up mangostean in the usa a few years ago,
Chaang-Noi: lowtax live about a mile from me in the usa when we were growing up
mircea_popescu: they were pushing some mangosteen scam thing a while back, much drama ensued
Chaang-Noi: no, i live in a good fruit growing region, and he is able and willing to work lopng hours to take care of the trees
Chaang-Noi: pigeons they are a family, we are kinda close
mircea_popescu: is that skill a long yet thick penis ?
Chaang-Noi: the average wage here is $600 he gets paid more cuz he has a skill in demand
pigeons: i was joking, you're wife asked you to loan money to her friend a dude?
Chaang-Noi: this is thailand and this is like 1/2 a months wages maybe more
Namworld: It’s a pain to service.
pigeons: ok guys we're getting a report, this better be humorous
pigeons: haha i like how right in the contract on btct.co it says, "We have an exclusive arrangement with BitFunder to support BitFunder as a platform. We will not trade on any other exchange until August 2013."
mircea_popescu: course... that's a tough racket, there's what, 5000 of them ?
mircea_popescu: i suspect usagi has a future as a stand-up comedian pretending to be a btc finance guy
Namworld: On a few things
kakobrekla: but im like a ball of furr so no skill needed
toffoo: so why do you need a broker? just join yourself
kakobrekla: you are not a smart enoguh investor for his fan club
mircea_popescu: it's like a disease.
pigeons: it means coinlab needs to find a new bank
pigeons: its just stupid talk, it clearly says you have to exchange for other funds or your a user not a transmitter
mircea_popescu: wait! coinlab found a block during the past 4 days ?!
mircea_popescu: i'd mine at a pool that specifically never upgrades.
Chaang-Noi: 64 looks like it might take a while
Chaang-Noi: asicminer is level, lc is level and btc way up, going to be a good day:)
asciilifeform: mircea_popescu: "The only thing you cannot do with a bayonet is sit on it." (Talleyrand)
kakobrekla: its a hobby
mircea_popescu: yea well, let's just say i'm a lucky sort. haven't been outgunned yet.
mircea_popescu: this, incidentally, is the path towards a harem of wives who aren't particularly inclined to cheat, among other goodies.
mircea_popescu: the feelings of others are their problem, not something that can ever carry a cost.
asciilifeform: mircea_popescu: I argue that, just as it is better to have a wife who doesn't cheat, it is also good to not be hated. especially if this can be accomplished at reasonable cost.
asciilifeform: mircea_popescu: you should put up "oderint dum metuant" as a subtitle on your site.
mircea_popescu: asciilifeform a well.
mircea_popescu: and that mumbairite can always drop by and say hi. especially if she has nice legs and a thick ass i'll be interested.
smickles: are you just being a pedant?
asciilifeform: mircea_popescu: the leveling can go in either direction, of course. unlike a heat engine.
asciilifeform: mircea_popescu: the problem with that kind of interaction is that it uses a thermodynamic gradient, if you will. one that eventually levels out.
mircea_popescu: asciilifeform that's a point.
mircea_popescu: typical of the interaction between a more advanced and a less advanced civilisation
BitHub: better off going there and buying up and bringing a years worth back
mircea_popescu: we'd be looking at a muchly different us balance of trade
asciilifeform: you buy an XYZ pair of shoes. and it would come with a unique (verifiable through the net) RSA-signed message, with a serial number, stating that the unit is genuine and was sold in such-and-such a place on such a date.
mircea_popescu: so in general, until marketing can be outlawed completely, trademarking is a bandaid
asciilifeform: mircea_popescu: why not extract it from a PGP public key instead? can't be faked, and doesn't need armed thugs to enforce.
mircea_popescu: to the detriment of everyone else. it's a society-wide language-wide externality.
mircea_popescu: basically, marketing consists on trying to extract value from a word.
asciilifeform: mircea_popescu: if someone were to open a fake MPEx, would anyone be fooled? Why do you need trademarks enforced by governments?
mircea_popescu: asciilifeform trademarks are really just a way to prevent idiots from abusing "some" names.
bgupta: wait that didn't have blanket applicability the supreme court specifically made a very narrow ruling deferring the question of patentability for a future court/case
pigeons: all patents are a problem all copyrights for all humans
Bugpowder: Ruling is that the software must interact with a physical machine
mircea_popescu: as a more general formulation, yes pigeons
asciilifeform: pigeons: if you have no love for Apple-style products, why are their patents a problem for you?
Bugpowder: Bilski was over a year ago
mircea_popescu: you may patent the process, you may not patent the result, inasmuch as the result is a plant
asciilifeform: pigeons: if all Apple patents were voided tomorrow, would there be a flood of Apple-quality products from other vendors?
dub: apple is a user troll
mircea_popescu: a patent troll is any entity which seeks to enrich itself by denominating and thus proposing to have captured anything which exists outside of and independent of their efforts.
pigeons: i would say apple existing is a troll
Bugpowder: I would say Apple suing Samsung, or Carnegie Mellon suing Marvell is not a patent troll.
asciilifeform: If you use patents to keep a product off the market (or to keep it a luxury good whereas civilization might otherwise make it a mass good) you are a patent troll.
pigeons: trademark abuse i think should be prosecuted under fraud and is a valid form of ip
Bugpowder: A patent troll is someone who sues a large number of possibly infringing defendents, many small businesses, who lack the funds to defend themselves, and thus seek to shake down these defendents for a settlement that is slightly less than the cost of fighting it thru dismissal
Bugpowder: asciilifeform: That is false in a contingency case.
asciilifeform: At least in the U.S., it is a straightforward contest of bank accounts.
Bugpowder: There are plenty of plaintiff side contingency firms that will take your patent case if you have a valid claim and a decent damages model.
asciilifeform: Bugpowder: if you have the funds to prosecute a patent lawsuit in any jurisdiction that matters, you are by definition not a "small inventor."
mircea_popescu: Bugpowder i fail to see a difference between patent trolls and any other ip rights trolls.
asciilifeform: Bugpowder: have you ever been a small inventor and actually tried to prosecute a ripoff of your idea?
Bugpowder: why is a patent troll bad? They monetize intellectual property so small inventors can collect on people that rip them off, with reduced risk.
asciilifeform: Bugpowder: if your entire revenue stream depends on patents, you're a patent troll.
asciilifeform: Bugpowder: that would be like saying that a fairytale "Bridge Troll" must never actually use his bridge.
asciilifeform: When nearly the entire opposition to something consists of idiot "back to nature" crackpots, a reasonable person starts to see it as a great idea.
Bugpowder: This is a good summary of GMO from some who really understands the issues. http://www.michaeleisen.org/blog/?p=1135
asciilifeform: Bugpowder: the mainstream anti-GMO hysteria is a distraction from real issues re: control of food supplies.
asciilifeform: mircea_popescu: bioweapons. doesn't take a world-class brain.
dub: bgupta: the real reality is you've been a surveillance state since the '90s
mircea_popescu: Bugpowder also true. was just doing a sort of "minimal eval"
bgupta: the reality is most citizens aren't technically adept to use privacy tools properly.. nor don't care, and it will be hard for those that aren't superrich to uproot their families on a (to most citizens) alarmist future view.
mircea_popescu: benkay even so it's safer to purchase it from a distance.
bgupta: Well, I am thinking that it could swing to the other direction of totalatarianism.. in the US we are seeing a steady erosion of our freedoms, as the surveillance state becomes a reality.
dub: oh I saw a good quote in -dev for you MP
mircea_popescu: they've changed the proposed law 3 times so far, still not a law.