319100+ entries in 0.092s
mircea_popescu: there should be a "beat internet people for bitcoin" service.
mircea_popescu: yeah dude, they should break up their thing for your comfort. god forbid the fucktarded miners all gather on one pool shouls smarten up.
mircea_popescu: Not closing registration as their pool is approaching a (visible) 51%
mircea_popescu: "...but there is also additional circumstantial evidence that GHash.IO have bad actors:
mircea_popescu: and do you remember the hungarian lolset back in 2012 ?
mircea_popescu: Naphex: Posts about people paying 28,000$ for mining equipment and still not delivering weeks after deadline. is it just me or thats a hell of a lot money to be pissing people off for << not so lulzy. they're not even the first romanian bunch.
mircea_popescu: not a very good take-down, in retrospect. scofield says "laid flat" and it serves.
mircea_popescu: Oh? And when the last law was down, and the Devil turned 'round on you, where would you hide, Roper, the laws all being flat? This country is planted thick with laws, from coast to coast, Man's laws, not God's! And if you cut them down, and you're just the man to do it, do you really think you could stand upright in the winds that would blow then?
☟︎ mircea_popescu: From: "Bitcoin Betting Guide" <info@bitcoin-betting-guide.com>
mircea_popescu: curious if you'll manage to get that past the missus, at any rate.
mircea_popescu: most kids aren't worth the hassle people put into them by a long shot.
mircea_popescu: course these days people tend to make the converse mistake in their personal life
mircea_popescu: it's just a hard thing to grasp this, that the thing can't even walk and yet it's a dragon, which you aren't, will never be etc.
mircea_popescu: my father didn't have the wisdom to see that, and it nearly cost him his life. the us isn;t in a much better position really.
mircea_popescu: this is like that case of a three year old that';s so far smarter and better than you that your only hope as a father is to slave and serve it on your knees
mircea_popescu: the problem isn't the us being inimical to btc. the problem is btc being inimical to the us.
mircea_popescu: <benkay> perhaps the usg isn't as inimical to btc biz as i'd previously gathered << where'd you gather that ? reddit ?
mircea_popescu: ie, "but you've signed here that you won't do this thing you're doing"
mircea_popescu: benkay, well because if he does an ipo now he'd be roughly in the situaiton of karpeles
mircea_popescu: but i doubt he had much of a future as an issuer anyway, at least on the short term
mircea_popescu: and closes his past (at the dubious cost of his next five years)
mircea_popescu: and as to why he ponied up, probably bcause it's a laughably small sum, it gives the sec something it already had (i doubt any us citizen can sanely argue that th eauthority of the us govt and its agencies doesn't extend to him)
mircea_popescu: asciilifeform, he had enough sense to listen to me when i told him how to do the buy back.
mircea_popescu: so i guess htey made at least one friend with the process.
mircea_popescu: i think when we finally enact the new world order we make him chairman of the fed.
mircea_popescu: dub: he's outside refueling the side curtain flamethrowers on his BMW << dub is such a bland kowtow character
mircea_popescu: which is why they're seed bets. the idea is that the players will even it all out.
mircea_popescu: as long as management is concerned, seed bets just have to add up to .1
mircea_popescu: i don't do it personally, and the mods just get to have fun. i hold no particular audit of their success. i guess some try to beat the game or w/e, i personally don't care, and that's where the incentive structure starts.
mircea_popescu: there's no corectness involved, bitbet doesn't make any effort whatsoever to split the seed correctly.
mircea_popescu: punkman, why do you think it's harder to seed "correctly" ?
mircea_popescu: asciilifeform: for skeptics: usa is the country where they burned trainloads of grain during 'great depression' - to keep prices high << actiually the entire "steal thje gold" 1930 thing was specifically and declaredly destined to "increase grai nprices"
mircea_popescu: but anyway : in principle multibets should be reducible to multiples of single pair bets.
mircea_popescu: n owinner is unlikely. i mean, is a bet that nets you 10kx your bet unlikely at 9900:1 odds ?
mircea_popescu: but that aside, a parimutuel situatiuon where nobody bets on a possible outcome is not economically probable.
mircea_popescu: calculating the odds becomes more complicated. also, "nobody" bets on a winner is impossible, bitbet seeds all bets.
mircea_popescu: <mike_c> maybe they would do well as a bitbet affiliate << worth a shot.
mircea_popescu: how slender would she have to be to pour me drinks from under scotland's green pine tree
mircea_popescu: it's also racist, privilegionist and anti-environmentalist.
mircea_popescu: bitcoin does not practice safe sex and how to fix this pressing problem
mircea_popescu: fortunately bollywood couldn't care less about western nonsense
mircea_popescu: moiety: this stupid slenderman crap is going to be made into some crap film at some point, wont it << if the us weren't out of money, it would habve been.
mircea_popescu: great way to become functionally identical to any woman.
mircea_popescu: nubbins`: pins & needles now << you are pushing your sacral vertebra into your pudendal nerve
mircea_popescu: Apocalyptic, "in the general case" versus "in any practical case"
mircea_popescu: yeah guy is making some serious inroads in post-btc journalism
mircea_popescu: none of these considerations are wide berth issues such as bach's.
mircea_popescu: Apocalyptic, the question is more subtle than that. perhaps a better rendering would be "which of rsa, ec is more likely to have tiny pores we don't kjnow about"
mircea_popescu: in general the fewer customers you have the better your product can be
mircea_popescu: the problem with commodization is that it destroys quality.
mircea_popescu: BingoBoingo, im not one to give last night's calves black eyes, but.... as you say, loing backlog.
mircea_popescu: mike_c: asciilifeform: do you know if this is true? "EC-based keys are just as secure as RSA keypairs" << nobody fucking knpows if this is true, this is the mn dollar question in practical cryptography.
mircea_popescu: ;;later tell Phinnaeus: I'm curious as to when Micrea had that pic taken where he's in front of the pyramid on a horse. << 2003 iirc.
mircea_popescu: nao if only the sec would be making more definite steps towards halping
mircea_popescu: that can't happen, i have a whole department working on it.
mircea_popescu: usagi hotwallet method:to a hot array of failing hard disks is added a bitcoin wallet, and all backups. Hotter coffee is added splashwise until the hot wallet becomes cold. << ahahaha SPLASHWISE!