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mircea_popescu: but his general sniffing is correct, bitcointalk is spiraling into the toilet.
mircea_popescu: basically the guy's decided to somehow still matter in btc.
mircea_popescu: that argument led directly into the 10k bet, and so on.
mircea_popescu: "let me build a strawman show you nobody REALLY wants to short pirate"
mircea_popescu: anyway, it never got any volume, which was the point of the exercise
mircea_popescu: started a campaign to list it and sucker the average holder.
mircea_popescu: when they were running out of liquidity a bunch of assholes (goat chief among them, the "bankers" like kludge, jarnett etc,
mircea_popescu: there's a certain amt of interaction one's stuck with.
mircea_popescu: pankkake you know... things today are the way they are and not worse in part because pirate got humiliated on mpex, etc.
mircea_popescu: "III. F.PURE.SYNTH is withdrawn due to lack of interest shown by investors. All outstanding shares were rebought, the current float being 0."
mircea_popescu: as conversations online progress, the odds of mp comissioning hitler paintings and the odds of each participant to the convo running their own altchain both increase towards 1
mircea_popescu: watch this shit blowing up and each and every one of you vilified for being fucking illuminati.
mircea_popescu: "Big Vern told me he is adding this to Cryptsy tomorrow."
mircea_popescu: (in the sense that total resources spent, including time / total market value - as an integral from current price to zero = ~.6x)
mircea_popescu: i'd venture a guess that they're about 60-70% or so in the red so far, however.
mircea_popescu: im not saying there's anything wrong with it, for that matter. the people doing it are providing data to all observers, not just to themselves.
mircea_popescu: you end up with two. there's distinguishably group A and group B, and group A is further traceable to convergence
mircea_popescu: but you can trivially notice there's two groups if you take all the sm profiles and do scoring on them. you don't end up with either a powerlaw or any sort of gauss curve
mircea_popescu: i have no idea specifically who's doing it, but i can tell teh pro hand.
mircea_popescu: it's quite visibly (and quite respectably) being organisedly pushed.
mircea_popescu: pankkake you realise there's a few people pushing it, and manipulating social media to give the impression of traction
mircea_popescu: no but what i mean, a community is different from a crowd.
mircea_popescu: pankkake i doubt this, but perhaps it's on the grounds of being uninformed.
mircea_popescu: "You dont need to love Dogecoin. But you do need to see what is happening with it right now. We have a social phenomenon going on, and even if it fails, we will learn a lesson or two from it"
mircea_popescu: "The market demand for Dogecoin is there. People love it. Its fun. Its exciting. Its different. Its loyal. Its furry. Its happy. Its glad to see you. Its right there licking your face telling you that it loves you."
mircea_popescu: ok, kako, you sell to me 30k alts for 30 btc. pankake you sell to tako 300k beks for 30 btc. then i sell you 30k alts for 30 btc.
mircea_popescu: jurov it just has an issue talking to bitcoincharts for some reason
mircea_popescu: " Statistically speaking, MPOE-PR and by extension MP, is far more trustworthy than myself"
mircea_popescu: and im fucking exhausted. not even 5% of the list covered
mircea_popescu: beliebercoin unusablecoin starvingartistcoin biebercoin wethepeoplecoin jasoncoin
mircea_popescu: i actually vaguely recall zinging jurov for bothering with the silly alts a coupla years ago