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mircea_popescu: (actually, i wonder what a rc plane equiped with 4 ounces of acetone and a sparker would do to a drone carrying a missile)
mircea_popescu: BingoBoingo usg drone fighting rc planes is definitely the thing of the future.
mircea_popescu: the cost per lb hour of chopper should be in the 5 to 10 cents range, once you get it mass produced.
mircea_popescu: it'll be a riot to keep pumping the "nsa is doing an excellent job tracking everything!!1"
mircea_popescu: by the time the average city has > 100k of these in air at any given time
mircea_popescu: seems that's not exactly how it works out. market favours the "meth from the sky" approach
mircea_popescu: asciilifeform remember the old laser-in-eye terrorism post ?
mircea_popescu: "we have received large amounts of unsolicited mailings from various poseurs. sorting through all this crap takes time which would be better used otherwise. we are uninterested in the volunteered opinions of self-styled authorities, we intend to retain experts for answering any questions we may need answered and ingore anything else"
mircea_popescu: "We have received the warning letter from the Food and Drug Administration. We recognize that we have not met the FDAs expectations regarding timeline and communication regarding our submission. Our relationship with the FDA is extremely important to us and we are committed to fully engaging with them to address their concerns."
mircea_popescu: asciilifeform so what was the response, "fuck you, we'll sell fior bitcoin " ?
mircea_popescu: asciilifeform i vaguely recall that as long as the payload is finite, so is the offset
mircea_popescu: there exists a natural number indicating the first pi decimal at which that jpg representation can be found
mircea_popescu: asciilifeform here's a theorem : for any jpg representation of a six year old riding a tumescent pig penis,
mircea_popescu: rarely a more insurmountable task was met by a less apt entity.
mircea_popescu: well at least, if we're contemplating the task of censoring the blockchain, i would say the bitcoin foundation is a well chosen agent.
mircea_popescu: truffles you can add some child porn to the blockchain yourself.
mircea_popescu: it's patent nonsense anyway. suines and hominides aren't sexuyally compatible.
mircea_popescu: ThickAsThieves you could use your bitcoin fortune to endow a monkey pigfucking farm
mircea_popescu: dub i dunno but i've seen this new thanksgiving nonsense where they cut a turkey and a pigglet and put the halves together
mircea_popescu: ThickAsThieves that kinda reminds me of the one time i got a buncha romanian blogger's faces and symmetrized them
mircea_popescu: i wonder what happens come 2016 when some republican gets elected us president if obama announces he "won't enforce" the new presidency.
mircea_popescu: he's off to buy the east indies on his accumulated mined coins
mircea_popescu: 225 seems insane, nvidia cards are better for gaming anywqay
mircea_popescu: obviously the same cave early behaviour is related to a lot of the forum-style scammy nonsense passing for investment so successfully.
mircea_popescu: and this is not limited to our narrow corner of tghe world. keeping a fortune and making a fortune are widely different skillsets.
mircea_popescu: but it is coherent with the behaviour that GOT YOU that btc in the first place.
mircea_popescu: now, this behaviour clearly does not optimize the $$$ you get for your btc,
mircea_popescu: the same will repeat for a while, i suspect. most of the people that willl sell under 10k have sold or are about to sell at 1k ish
mircea_popescu: because all the kids who were going to sell at 100 to 1000 sold at 130ish
mircea_popescu: the mounting buying pressure is temporarily sated, but then later on ? 200, 500, 800 go by like a dream
mircea_popescu: this is why we see this see saw pattern on the price : once it reaches 100 everyone who thought "three digits" sells out
mircea_popescu: the funny thing is, that the people who caved early and got bitcoin will continue with the same behaviour : they cave early and get dollars, too.
mircea_popescu: the bears are more akin to the girl : they expect bitcoin to court them.
mircea_popescu: now, bitcoiners are exactly the opposite : they are in bitcoin because they caved early, to the lures of this bitcoin idea.
mircea_popescu: in general, the expectation will be that she caves late. and indeed should you after a three week courtship tell her gtfo, you should have said yes on the first pass it'll be unexpected.
mircea_popescu: now, this is a rare behaviour irl. if you go up to a girl and ask her out, it's rare that she says "ok, i'm willing to be your gf now" after two hours.
mircea_popescu: everyone involved in bitcoin of any consequence exhibits the "cave early" behaviour.
mircea_popescu: consider the following imo very illustrative example :
mircea_popescu: ThickAsThieves the trick is, making a fortune and keeping a fortune are pretty divergent skills.
mircea_popescu: inasmuch as they're not groveling nude at the feet of their betters, they DO think way too high of themselves.
mircea_popescu: "The big problem is not that they think too highly of themselves. Their bigger challenge is conflict negotiation, and they often are unable to think for themselves."
mircea_popescu: no seriously ? get a job in porn, the set mother will tell you when you need to wash the cum off.
mircea_popescu: " It became increasingly difficult to balance school, socializing, laundry, and a part-time job."
mircea_popescu: "Rates of depression are soaring among millennials in college."
mircea_popescu: Counselling is being provided to the special forces team.
mircea_popescu: whole new prostitution dynamics, you send the no fee 1 satoshi tx as she takes her top off, the tx finally confirms by the time she's wiping her lip.