375700+ entries in 0.111s
mircea_popescu: anyway, the guy on the right there with the dorky hairdue is actually the lawyer you'll probably end up having to argue with
mircea_popescu: your inputs are often the problem, because 1 btc could be made out of 100 mn inputs, aka 10gb
mircea_popescu: jamespeerless the recipients aren't the problem. it's about 60 bytes per
mircea_popescu: in 2020 mike_c will be all like "well sonny, i remember back in the old days, mp was there, and i sent this kid a whole bitcent on a lark"
mircea_popescu: the space in which bitcoin busienss will happen is primarily shapen by what sort of precedent we create for it.
mircea_popescu: ThickAsThieves well, i'm doing what i think is right, and in so doing i'm preventing others from having the same sort of problem all the time.
mircea_popescu: otherwise the reasonable man can start sending to random addresses.
mircea_popescu: ThickAsThieves a reasonable man would not send bitcoin on the basis of his assumptions.
mircea_popescu: mike_c when i say move coins around i mean, not have very old coinbases.
mircea_popescu: ThickAsThieves the problem with this approach is that 1. it empowers nonsense and 2. it bloats pages.
mircea_popescu: kakobrekla well because of the particular design, seems implicit in it.
mircea_popescu: in principle it's good for the network to keep moving coins around, i suspect.
mircea_popescu: so if you have 1k btc that weren't moved for 3 years, you get about 1mn times the priority of a 1btc that was moved yest.
mircea_popescu: that's the product of a coinbase's volume with its age.
mircea_popescu: the prioritization of txs takes into account the concept of "bitcoin days destroyed"
mircea_popescu: jamespeerless the reason is that we're oldfags, which means rich, which means with a lot of old coinbases, which means tx are free. or something.
mircea_popescu: i think i should be insulted by being related to the hottest chicks on planet earth or something
mircea_popescu: i was thinking... this guy's theory is that i simultaneously invented the thing and also don't know what it is ?!
mircea_popescu: snackman actually, there was a post about that, too. didja read that ?
mircea_popescu: so rarely women do anything worth the mention. why rob them of the little they do.
mircea_popescu: “I’ve sent large amounts by wire and it’s always worked within 24 hours. Check your deposit "
mircea_popescu: so is it an actual bond, as in, with a principal and everything ?
mircea_popescu: what part of the "i hold my share prices" do i woefully misunderstand ?
mircea_popescu: "For a few months now, Whilst I hold my share prices at 0.012, When I started, This was nothing, Now it is starting to be something, Whilst this is good for early adopters who have got the value back already, Is this too high for anyone else to come in?
mircea_popescu: this to me looks definitely like miners are dominating the yes side.
mircea_popescu: ThickAsThieves if you look at it, the yes side is few and mostly large bets, the no is mostly many small bets
mircea_popescu: it's not like i was bored one day and invented a new thing/
mircea_popescu: how do you think options ended up existing in the first place,
mircea_popescu: mike_c but your contract has an implicit strike (established by the interest you pay on the borrow and the price you get on the sale)
mircea_popescu: interestingly enough, any arrangement wherein you borrow bitcoin and then sell it is, in fact, an option.
mircea_popescu: benkay it can remain rational for even longer than you can remain irrational, is the catch
mircea_popescu: truffles tat shorted the difficulty, i'll have you know.
mircea_popescu: benkay to quote one of the better lines in city hall, "You ever seen a journalist with a million dollars in cash ?"
mircea_popescu: BingoBoingo and then he gets davout to whitelist him on btc central or what ?
mircea_popescu: or else embarks on the 6 mo to a year of lurking, reading and so on.
mircea_popescu: anyway, i would imagine guy got a good enough starter to figure what's what. at this point either he's on a deadline for the next article and well, just drops the entire thing,
mircea_popescu: benkay maybe because the plan is to short enough to move the price ?
mircea_popescu: inb4 he ends up with 7k of mtgox usd he can't actually get sent to his acct and we get a forbes bitcointalk thread
mircea_popescu: jurov` if he can't readily buy bitcoin how would he sell it ?