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mircea_popescu: benkay yes there's that much, in the sense that muppets keep buying btc. but the pool keeps getting drained and the sharks keep multiplying so...
mircea_popescu: benkay you know, you might grossly overestimate the hundred bitcoin teh muppets keep moving bakc and forth.
mircea_popescu: Luke-Jr they could kill my erection, and that is about the limit of what they can do.
mircea_popescu: <pankkake> well, there's Algeria << now we know she's really french :D
mircea_popescu: well it's certainly becoming one these days, what with that american starlet.
mircea_popescu: i hope fractal makes the 0% site so i can make a bet about which bitbet bet will next take up all the fucking chan space on -assets.
mircea_popescu: it's more likely for the subject to have misunderstood something than for the entire world to have.
mircea_popescu: we should make a bet on fractal's bet site as to whether bitcoin.oz using the same ip as wogwog and fractal makes it the same unit or not.
mircea_popescu: kinda how it goes. people start a game of mudbitcoin, it's fun cause it's so wtf. that last a while, then it wears off, then they lose interest.
mircea_popescu: why do you think people "invest" their own bitdust, and do their own plumbing ?
mircea_popescu: just sayin', the things that anyone can do aren't usually paid.
mircea_popescu: nevertheless most spammers do it for something between free and nothing at all.
mircea_popescu: pankkake supposedly making money spamming is also a fact. tenouous as it may sound.
mircea_popescu: all the other trolls out there are making five figures out of dorking it out on the webs all day
mircea_popescu: wogwog you srsly don't need to worry, nobody respects noagendamarket/etc either.
mircea_popescu: Luke-Jr he doesn't know that cause webirc doesn't show em iirc
mircea_popescu: Anduck because he's a junior in psychology and that's what the book of reversal says
mircea_popescu: Sep 07 02:12:05 <gribble>Nick 'fractal', with hostmask 'fractal!4f812986@gateway/web/freenode/ip.79.129.41.134', is not identified.
mircea_popescu: Anduck basically it's some btc noob trying his "i can do anything" muscles.
mircea_popescu: well that's an arbitrary determination, you can name them alpha, bravo, cunt, delta and echo
mircea_popescu: is it me or has bitcointalk pretty much degenerated into five scammers talking to each other through > 100 sockpuppets ?
mircea_popescu: e and thrust them out among the artisans or the farmers. And again, if from these there is born a son with unexpected gold or silver in his composition they shall honor such and bid them go up higher, some to the office of guardian, some to the assistanceship, alleging that there is an oracle that the city shall then be overthrown when the man of iron or brass is its guardian.
mircea_popescu: her. So that the first and chief injunction that the god lays upon the rulers is that of nothing else are they to be such careful guardians, and so intently observant as of the intermixture of these metals in the souls of their offspring, and if sons are born to them with an infusion of brass or iron they shall by no means give way to pity in their treatment of them, but shall assign to each the status due to his natur
mircea_popescu: heir generation, for which reason they are the most precious — but in the helpers, silver, and iron and brass in the farmers and other craftsmen. And, as you are all akin, though for the most part you will breed after your kinds, it may sometimes happen that a golden father would beget a silver son, and that a golden offspring would come from a silver sire, and that the rest would, in like manner, be born of one anot
mircea_popescu: the earth, as being their mother, delivered them, and now, as if their land were their mother and their nurse, they ought to take thought for her and defend her against any attack, and regard the other citizens as their brothers and children of the self-same earth. . . While all of you, in the city, are brothers, we will say in our tale, yet god, in fashioning those of you who are fitted to hold rule, mingled gold in t
mircea_popescu: "I farm bits and pieces out to the guys who are much more brilliant than I am. I say, "build me a laser", this. "Design me a molecular analyzer", that. They do, and I just stick 'em together. But, none of them know what the project really is. So..."
mircea_popescu: in the immortal words of jeff goldblum in the fly, "i'm more like a supply chain manager"
mircea_popescu: puts any sort of statal proceeding against the free world on the very uneasy footing of "we know you're thieves"
mircea_popescu: so basically... now that it's state run it may be bankrupt.
mircea_popescu: the best part ? "While the funds won’t be allowed to buy government bonds, they’ll be able to buy more corporate debt and will be freed from having to comply with performance benchmarks, according to comments from the labor and finance ministers."
mircea_popescu: because people having their own private pensions makes it pretty impossible for the state flytrap to borrow as nobody credits them
mircea_popescu: there's a good example. the polish government just stole ~100bn dollars worth of private pensions
mircea_popescu: well... it matters, at the very least because it resolves this catch 22 situation.
mircea_popescu: but someone earlier was like they don't care about respek
mircea_popescu: this is where your own personal credentials get to play.
mircea_popescu: so find someone with the hardware know how to help you and ipo after.
mircea_popescu: nubbins` i can see collecting a few hundred btc for making a hardware wallet if you can convince you know wtf you're doing.
mircea_popescu: at least this way they learn they have to take losses in the process.
mircea_popescu: it's another for every two bit kid with a modem to be doing the same.
mircea_popescu: it's one thing for all the pro conment to be startying "asic miners"
mircea_popescu: the amount of sheer psychotic paranoia on the part of bitbet mods is quite the thing to gaze upon
mircea_popescu: he thing, "you can only trade with an anal probe" well is it implemented or not?"
mircea_popescu: pankkake i made the mistake of querying the mod that did it. here you go : "because wtf is mtgox already! look they've been announcing ltc for like a year. it's a dying dog saying it's going to start eating rabbits, i'm not taking bets on whether it actually does. besides, they're a known group of scammers and liars, what's to keep them from fronting ltc trades? and then obviously even if they did manage to implement t
mircea_popescu: pankkake well to me it reads like a variant of "I will publish the number 15 on my website by end of year".
mircea_popescu: this because reality surprises, which is a good thing overall.
mircea_popescu: nubbins` they're always and perpetually going to be poorly worded.
mircea_popescu: this is imo the most important takeaway here : rather than hang your bet on some technicality, just make a new one in which your point of interest is substantially the bet.
mircea_popescu: if indeed that's the case you'd have been much better served by making a "The Bitfury strikes back 400gh/s unit will not exist as the 16 boards together will hash under 400gh/s"