381400+ entries in 0.096s
mircea_popescu: so i'm reading old logs : Jun 21 14:49:17 <mircea_popescu>well it was 1/4 bn earlier thisd year
mircea_popescu: the price of cotton figures what, 18 cents in the cost fo a tshirt ?
mircea_popescu: i guess nobody today remembers machlup as the initiator of the "information economy" concept
mircea_popescu: nubbins` so then no, you wou;dn't be in the same position. knowledge is money.
mircea_popescu: as a result mpex now returns executed collateral immediately upon execution.
mircea_popescu: so mike_c, it may please you to find that not only are you in the mpex faq now, but process of arguing about it ended a coupla hours ago with my complete capitulation
mircea_popescu: simulate asics in gpus simulated in pressure cookers simulated in one guy's mind.
mircea_popescu: pankkake fast moving consumer goods. like sodas, tampons, whatever.
mircea_popescu: when i say someone to do it i mean someone with a decade's worth of experience in a relevant position.
mircea_popescu: i dunno. i been crowing about how it'd be a good idea for years.
mircea_popescu: maybe i completely misunderstood the business model there.
mircea_popescu: wait, so actually the silkroad charged less than ebay ?!
mircea_popescu: they'd make a helluva lot more if they could just take a file out of dpr's book and tell the govt to suck on an onion./
mircea_popescu: i don't have a hard time imagining why they'd want to tho.
mircea_popescu: even further twist : "its payment unit PayPal may one day incorporate BitCoin." where are you skinnavaj guy.
mircea_popescu: mike_c probably not count because engineers aren't "successfull ceos".
mircea_popescu: benkay just idle comment that the volume was apparently up
mircea_popescu: i don't recall now if it was written as a bitcoinica envy clone or not.
mircea_popescu: ten minutes later they're gone. how's one supposed to have fun ;/
mircea_popescu: the one problem with these kids is... they have no endurance.
mircea_popescu: btw pankkake you're doing a very small amount of parroting over here! i thought we had a deal!
mircea_popescu: by the sort of idle, pointless virgins that'd be interested in such crap.
mircea_popescu: instead phthisic "women" captive in the bodies of little boys like all the various utopian facets of socialism get tons of idyllic literature fashioned
mircea_popescu: because the sort of men she loved and loved her back were too busy doing to harp about it.
mircea_popescu: it's like this supermistress of most accomplished lures which goes wholly forgotten and ignored to the grave,
mircea_popescu: the sad thing of money is that nobody really wrote of it well.
mircea_popescu: seeing how its entire appeal is constructed by ceaseless repeating
mircea_popescu: no but seriously, much more of an economist than a philosopher, for instance.
mircea_popescu: i'm lucky i'm not the only person reading these logs, it turns out. anyway, we're in the process of arguing about it.
mircea_popescu: while the opex system works great in every aspect as it is, the underwriter has no actual way to verify when they were executed in fact.
mircea_popescu: an approach which actually would make your life better in every aspect.
mircea_popescu: opc0d3 you know you could save yourself a lot of embarassment by reviewing the logs for a few days before blindly jumping in.
mircea_popescu: opc0d3 dude, every mayfly in the book has said the exact same thing about me.
mircea_popescu: nubbins` except a fictitious exchange with no volume could be just as well run off dreamweaver.
mircea_popescu: opc0d3 where have you learned to win friends and influence people ?
mircea_popescu: opc0d3 you don't have what to think i'm full of shit with.
mircea_popescu: benkay you're just angry because he's stealing your wot share.
mircea_popescu: if nothing else, because there's little doubt and even less uncertainity involved.
mircea_popescu: and to clarify, opc0d3 , you don't get to come in after a coupla years and call established fact "fud" and "bs".
mircea_popescu: last one was about 3 months or so. magically, his position was executed 10% under market.
mircea_popescu: benkay the article quoted, and there's periodic such reports on bitcointalk
mircea_popescu: unregulated markets have various advantages, among which the existence of such idiocy.
mircea_popescu: then they hire some five cent an hour muppets and are again alll sucess and bigger and bigger.
mircea_popescu: then they magically don't have the dough to pay the winners, and go into a cone of darkness for a half year
mircea_popescu: the difference is that mpex uses actual figures, rather than running this thinly veiled scam you do.
mircea_popescu: i love it when 4 month old muppets imagine their short lifespan compensates for 2year+ history.
mircea_popescu: opc0d3 don't be an idiot. that article is older than your involvement in "finance".
mircea_popescu: i suppose the entire "bitcoin is fiat" argument fails to comprehend that the only true scarcity is mathematical in nature.