log☇︎
359000+ entries in 0.101s
mircea_popescu: see Jere_Jones people have a lot of trouble stepping outside of the environment they perceive as familiar and thus imagine safe.
mircea_popescu: http://dpaste.com/1615275/
mircea_popescu: mike_c :)
mircea_popescu: herbijudlestoids so you game or what ?
mircea_popescu: pankkake heretic
mircea_popescu: mkay then. we don't like cryptsy.
mircea_popescu: ThickAsThieves you're the scamspert, do you like cryptsy ?
mircea_popescu: actually, do we like crypsy ?
mircea_popescu: Bugpowder nah, i don't think we like cryptsy.
mircea_popescu: if it's hard when it's easy then it's hard permanently.
mircea_popescu: no, ima send you some atc.
mircea_popescu: herbi, how would you like to be my atc daytrader on openex ?
mircea_popescu: at 600 ?!
mircea_popescu: herbijudlestoids so what happened ?
mircea_popescu: imsaguy ello
mircea_popescu: what pff, you discriminate against onelegged women ?
mircea_popescu: god i wish i was a girl so i could fuck myself.
mircea_popescu: http://trilema.com/2012/why-smpoe-is-worth-more-than-mtgox/
mircea_popescu: They’re not in fact receiving as much as recognition of status or effort, they find themselves in the untenable position of a poor immigrant who is spending all his wages and borrowing at unbearable, immigrant-ghetto rates to buy flowers and wine for some local beauty who barely even registers their desperation or even presence.
mircea_popescu: not the protection of their etatist overlords.
mircea_popescu: Add to the very narrow margins and very active competition the burden of regulatory infringement. Money changers are spending as it is now literally immense sums (in Bitcoin terms) to try and mostly comply with obscure and convoluted regulation, which they can’t avoid or ignore because they’re always stuck with one foot in fiat. In exchange for this draining expenditure they are receiving nothing at all, certainly
mircea_popescu: pretty much the only thing one can say about 2014 btc/fiat is "spreads"
mircea_popescu: lol stealth
mircea_popescu: spreads will rise again.
mircea_popescu: Bugpowder how did that hk thing work in the end ?
mircea_popescu: mod6 i doubt he has the time for anything these days.
mircea_popescu: eh let it be, makes no diff.
mircea_popescu: mod6 that's their curse, nobody with a clue has accounts
mircea_popescu: mod6 link him to the earlier discussion here ?
mircea_popescu: mod6 im sure it'll be all the rage on reddit.
mircea_popescu: http://trilema.com/2012/the-bitcoin-conference-nobody-went-to/ << 2012 stuff. "10% return on my S.MPOE trade today yesss 4.5 BTC" ; "It was a once in a lifetime opportunity I bought all that was available below 36000"
mircea_popescu: they're srsly handspamming us ?
mircea_popescu: hey k: Advance Domain Availability Notice:You may be interested in joshzerlan.com, which will be available by auction soon.
mircea_popescu: because people. and cars.
mircea_popescu: karpeles looks like he's writing php
mircea_popescu: but then as btc exploded i kind-of lost track
mircea_popescu: for great profit
mircea_popescu: kakobrekla well old timer, was really excited when btc broke 30, posted a story on forum about how he bought btc w/o his partner's knowledge out of their savbings, then sold out and bought a car
mircea_popescu: rassah is back ?!
mircea_popescu: http://trilema.com/2014/mtgox-and-ancient-bitcoin-history-the-straight-dope/
mircea_popescu: can i has summary ?
mircea_popescu: kind of what we're doing here, for that matter. trying to breed the sort of people that can compete with mpex.
mircea_popescu: it's not hard in a technological sense, that's the easy part (even if it's what the emotion mill people seem to stumble over)
mircea_popescu: sure, just as soon as that other man is willing to eat dog.
mircea_popescu: could a soviet soldier be replaced by any other man ?
mircea_popescu: because it's hard.
mircea_popescu: so... why not ?
mircea_popescu: indeed.
mircea_popescu: and the criterion is attached to the reality rather than the appearance.
mircea_popescu: ie, the appearance and the reality easily cleaves (a word is an engineering term if appearance and reality never cleave)
mircea_popescu: the problem with both of those being that they're not engineering terms.
mircea_popescu: well not afaik
mircea_popescu: what ?
mircea_popescu: http://log.bitcoin-assets.com/?date=26-04-2013#1764 since im digging up the logs ☝︎
mircea_popescu: back then it was safe.
mircea_popescu: so it is
mircea_popescu: basically you have two unreconciliable "realities", and only one is real.
mircea_popescu: benkay i have my doubts 4k btc found their way to said dubious sr thing.
mircea_popescu: !t h rent
mircea_popescu: anyway, i guess it's time for a mtgox burial article.
mircea_popescu: perfect excuse to the "we run off with teh coin" thing. much better than the used up "we were haxed" workhorse.
mircea_popescu: trace that "vendor", it's them.
mircea_popescu: Duffer1 "recently discovered in 2011" lolz.
mircea_popescu: asciilifeform well... not these folks. but maybe some other folks.
mircea_popescu: so much sadness everywhere.
mircea_popescu: then the investors who he did find that didn't heed my "you will be butchered" warning got their fingers caught.
mircea_popescu: funny tho, he couldn't find investors fast enough.
mircea_popescu: ThickAsThieves "because they were saving it so karpeles could offer a "credible" lie as to why his well known fractional reserve scam blew open" ?
mircea_popescu: yeah it was up like two weeks
mircea_popescu: with hashing
mircea_popescu: maybe we could all get submarines
mircea_popescu: asciilifeform nah, this is the thing : http://www.edisontechcenter.org/lighting/mercVapor/MercGlowDiagram.jpg
mircea_popescu: http://zeiss-campus.magnet.fsu.edu/articles/lightsources/mercuryarc.html a good article overall
mircea_popescu: actually... you know.
mircea_popescu: http://zeiss-campus.magnet.fsu.edu/articles/lightsources/images/mercurylampsfigure1.jpg
mircea_popescu: the philips shits
mircea_popescu: asciilifeform yes yes
mircea_popescu: this is the whole of the progress involved.
mircea_popescu: so you know, instead of having that thing settle somewhere in the desert, it simply got moved in your kitchen.
mircea_popescu: however they contain between .7 X and 2.2 X mercury in themselves.
mircea_popescu: ceteris paribus the halogen lamps reduce this to about .4 X
mircea_popescu: the coal burning power plants release X mercury into atmosphere as part of their working.
mircea_popescu: the best part to my taste is this :?
mircea_popescu: pankkake yep.
mircea_popescu: win.
mircea_popescu: Puis j’ai mis en route un sèche-linge, deux plaques électriques, et un emerge -u1avDN world, le tout en musique grâce à un ampli à tubes. Comme il faisait un peu noir j’ai allumé les 8 ampoules halogènes qui étaient à ma disposition. Et comme il faisait un peu chaud avec tout ça, j’ai ouvert la porte de mon réfrigérateur.
mircea_popescu: Pour manifester mon soutien à cette initiative trop peu médiatisée, j’ai éteint à 20h30 les deux ampoules à LED qui m’éclairaient.
mircea_popescu: fucking hell same day too.
mircea_popescu: SERGEANT BITCOIN!
mircea_popescu: pankkake together with our powers combined we are
mircea_popescu: a good approximation of nature, at the very least
mircea_popescu: but planet full of bozos...well...
mircea_popescu: like the coin flip etc
mircea_popescu: once you have an actual rng, there's tricks to fix it
mircea_popescu: yes but see
mircea_popescu: but questionable or not it is still a rng
mircea_popescu: no question
mircea_popescu: they're an actual rng
mircea_popescu: yeah, but inasmuch as you rely in any fashion on blockchain generated numbers
mircea_popescu: asciilifeform how you reason ?