323500+ entries in 0.063s
mircea_popescu: so adding to the delights of weird shit happening to me, today... i got flooded.
mircea_popescu: well it was quite the ride. i wondere how much of it is due to bitpay's largest ipo ever.
mircea_popescu: i know, but jus' sayin'. it's a signal, but whatg's in a signal. whatsapp selling for 20bn is also a signal.
mircea_popescu: just because someone bets early or a lot doesn't mean they have a point.
mircea_popescu: after which he'll move to mexico or w/e, make that fair too.
mircea_popescu: and so... he doesn't want to bet anymore. but now "it's fair", he says, just, no fair he'd want any part of.
mircea_popescu: when things are changed to accomodate his worldview, then and only then can he see the stuff applying to him. because the libtard has 0 critical thinking ability. unless it's before him, he can't follow a counterfactual.
mircea_popescu: two bit webtrepreneur figures tis is GREAT because he's thinking of it happening to other people ONLY
mircea_popescu: classical socialist mindset. fat close buffer means a lot of risk for people betting early, because if something happens they won't be able to cover/adjust for new odds.
mircea_popescu: then when the close is a month before resolution date, they bet 28 bitcents, 99% less than the average diff bet.
mircea_popescu: so people keep clamoring about how the close should be much earlier than the resolution date.
mircea_popescu: why would a bunch of dorks with nary a clue as to the workings of the actual tools of their trade be even for a second taken seriously as "journalists" ?
mircea_popescu: yet they still think themselves journalists. what sense does this make ? a guy thgat can't turn on the stove and regularly cooks moldy chicken isn't a cook
mircea_popescu: they can't encrypt, they can barely read and rarely comprehend anything
mircea_popescu: these people can't math even to the degree of grasping the most basic points of statistics
mircea_popescu: "But it's true. He wasn't great at encryption. In common with most journalists working today, he had no clue about tools that would have allowed him to communicate with sources privately, without fear of NSA or any other snooping."
mircea_popescu: i wouldn't trust the uk to anything. it's basically the political equivalent of nevada. an uninhabited wasteland where you test nukes.
mircea_popescu: really instructive by contrast with actual economy, the economist.
mircea_popescu: "but all you really need is for the politicians to decide otherwise!111"
mircea_popescu: all you really need is for 1 = 2. after that, everything is one single step away.
mircea_popescu: something different aka, let's all be rich permanently for free.
mircea_popescu: easy: just have a political majority committed to something different. "
mircea_popescu: "The bitter truth is that central banks launch economies off the ZLB when politicians force them to. This was true of many economies in the 1930s, it seems like it will be true of Japan, and there is every indication that it will prove true of Europe and America. The ZLB is not an economic problem. It's not about deleveraging or inflation targets. It is a political problem. Preventing the kind of crisis and recovery is
mircea_popescu: possibly the most retarded article of the week, yet standard fare in today's "climate change" style of pseudo-ecinomics
mircea_popescu: just in case someone else may get a chuckle out of this :
mircea_popescu: back then scammers got trampled into the ground and they got all butthurt.
mircea_popescu: well in 2010 it was mostly satoshi. hearn hadn't shown up yet,
mircea_popescu: and it's been losing about 1 point per month, roughly tracking the btc value
mircea_popescu: fluffypony you gotta appreciate, back in early 2012 the composition of that forum was significantly different.
mircea_popescu: that's the govt's problem. let it create more jobs or w/e it does.
mircea_popescu: scammers are doing more to end world hunger (and also break up idiotic sexual hang-ups in the 3rd world) than all western charities 100x over
mircea_popescu: pain without humiliation does not work as an educative device.
mircea_popescu: as it is, it simply moves some pizzas from idiot us people to famished third worlders, and persuades even more us idiots that "crypto = scam"
mircea_popescu: if the forum were run by mpoe-pr, then it'd serve the purpose to educate.
mircea_popescu: the great and wise forumtards could not hack through the password "dev"
mircea_popescu: the "dev", so the question of a "hacker" in between does not arise there."
mircea_popescu: "Of course it wasnt hackers. Before that claim was made, there was a password protected "beta test wallet" that was released. Only they had the passwords and there was no announcement of any hacking when teh password was revealed. It was later found that the zip contained nothing but a useless exe file that did nothing. This exe was put there intentionally by teh ones who had the password. The password was revealed by
mircea_popescu: clearly the opinions of nobody on the internet matter a lot.
mircea_popescu: "If you don't believe you can always use Anon escrow service. I think NFD-Coin is doing a good job with this IPO. but its better to pay a small escrow fee and be safe than sorry in my opinion."
mircea_popescu: "Our code has been dismantled, our hope has been crushed, and your coins are gone."
mircea_popescu: fluffypony like if your code was on a mantlepiece, right ?
mircea_popescu: i tell you, the forum is headed to this fucktards and spam scripts bright future