log☇︎
391000+ entries in 0.13s
mircea_popescu: futures are standardised contracts. you get cleared by a clearing house or somesuch
mircea_popescu: what's in a video.
mircea_popescu: there's youtube videos of idiots losing lives in instants through chainsaws
mircea_popescu: it IS less risky than options. it's horribly risky nevertheless.
mircea_popescu: shit's explained nicely on my blog, but sadly it's in romanian.
mircea_popescu: exactly.
mircea_popescu: so if $100 right now for a ring i don't have to deliver for 16 months is worth 9900 for me, i'll offer that deal.
mircea_popescu: you realise the payment is now, and the delivery later ?
mircea_popescu: nah, im done.
mircea_popescu: kakobrekla he's 19 not 29. give the guy time.
mircea_popescu: you've just bought one.
mircea_popescu: there you go. that's your future.
mircea_popescu: which would you prefer ?
mircea_popescu: cool. so if you can either pay 10k for a wedding ring right now, or $100 for a wedding ring in 2015
mircea_popescu: look. are you married ?
mircea_popescu: hence the reading.
mircea_popescu: well i guess you got some reading to do.
mircea_popescu: it's cheaper.
mircea_popescu: kingofsports if the price in the future is below the spot and you don't need the item until the future then of course you buy the future
mircea_popescu: http://trilema.com/2013/crash/
mircea_popescu: lulzy
mircea_popescu: lol
mircea_popescu: http://agonistica.com/wp-content/uploads/2012/12/Sophie.jpeg << what's this ?
mircea_popescu: once a bet closes of due time it doesn't resolve until the resolution date.
mircea_popescu: not until the 1st.
mircea_popescu: ah
mircea_popescu: in 1 day 5 hours (01-09-2013)"
mircea_popescu: no idea why it does that, buit the bet itself is still "Betting closed. Pending resolution." and "Resolution:
mircea_popescu: uh i dunno ? leseee
mircea_popescu: but otherwise no, no news so far.
mircea_popescu: Anduck he just made the mistake of saying he's sick of all the bet discussion already.
mircea_popescu: i'm sorry r, it's just too funny!
mircea_popescu: poor guy.
mircea_popescu: Rulother is the designated news agent for the bet
mircea_popescu: gecko_x2 why can't someone just look at their datafield on the network ?
mircea_popescu: for now...
mircea_popescu: yeah well, i have kinda given up. once it comes out of insanity we can financialize it
mircea_popescu: nothing works for hedging fucking exponentials.
mircea_popescu: lol so give him a break
mircea_popescu: gecko_x2 stiorage network
mircea_popescu: ThickAsThieves didn;'t he get burned last month ?
mircea_popescu: possibly not
mircea_popescu: i imagine the poor guy is scarred for life
mircea_popescu: only to have to like, build shit oout of mud and hay to fix things up under his smh gazer
mircea_popescu: it's one of those things where this guy who is clueless in your field (me) has very strongly held beliefs you disregard because you're the sysadmin
mircea_popescu: myeah
mircea_popescu: mod6 ;/
mircea_popescu: http://www.google.com/imgres?imgurl=https://si0.twimg.com/profile_images/1008789924/image.jpg&imgrefurl=https://twitter.com/BlondeRyan&h=240&w=320&sz=12&tbnid=zsBwVZG-qzCFGM:&tbnh=90&tbnw=120&prev=/search%3Fq%3DRyan%2BStraus%26tbm%3Disch%26tbo%3Du&zoom=1&q=Ryan+Straus&usg=__mjA2qXayWkoy2kjntO7odaSPHG4=&docid=sukkl8DIrDj7jM&itg=1&sa=X&ei=a8UgUvfYHcnNswbLqoGYDw&ved=0CEIQ9QEwBg&dur=494 lol
mircea_popescu: it's a business house, not some sort of personal injury or w/e boutique.
mircea_popescu: ridell williams has a respectable corp/security practice
mircea_popescu: gotta start somewhere.
mircea_popescu: which isn't so bad, people do ask who;'s a good lawyer etc.
mircea_popescu: as in, look, they're getting bitcoin, let's take our business there.
mircea_popescu: ThickAsThieves i suspect the entire exercise is more a sort of celebrity endorsement to get us to take ridell seriously
mircea_popescu: clown is a collective personage.
mircea_popescu: TomServo the thing with clows is that there's no who associated.
mircea_popescu: i have no idea who the schmucky blond kid is tho
mircea_popescu: well hes not THAT bad
mircea_popescu: a that frieberg guy
mircea_popescu: sigh. this world.
mircea_popescu: do they name teh experts ?
mircea_popescu: yet another rehash of the infinite hitpoints theorem.
mircea_popescu: that's the story here.
mircea_popescu: and i pissing on their 2nd grave.
mircea_popescu: and they saying they'll prove me wrong
mircea_popescu: and tyrying to open a new exchangwe when i fucking told them they have no business doing so w/o resolving the previouis
mircea_popescu: and getting called for it,
mircea_popescu: it's a shutdown which they claimed was one thing and then it turned out to be another,
mircea_popescu: JimmyJazz it's not "a few shutdowns"
mircea_popescu: for teh lulz.
mircea_popescu: https://bitcointalk.org/index.php?topic=271711.msg3043614#msg3043614
mircea_popescu: since we're doing random i thinks.
mircea_popescu: JimmyJazz i rthink you have no clue wtf you're talking about.
mircea_popescu: TomServo like "creative".
mircea_popescu: herp.
mircea_popescu: derp.
mircea_popescu: when all his "important" friends assured him tjhey'll wash his corpse in ezxchange for a few meals ?
mircea_popescu: ThickAsThieves do they quote the MP is your god forum post or do they carefully eschew to say who fucked kenna,
mircea_popescu: take it to #crypto-sf or w/e
mircea_popescu: if it's of any practical value go make the bet. if it's not it presents no interest.
mircea_popescu: jorash attacking me won't save your proposition.
mircea_popescu: "you can't short my putative theoretical nonsense which i might deliver just you wait"
mircea_popescu: to understand why this sort of nonsense is dead now.
mircea_popescu: and meanwhile read http://trilema.com/2013/the-positive-market-effects-of-the-delivery-bet/
mircea_popescu: go make a bitbet, put whatever you got on yes, i'll match it.
mircea_popescu: yes, tyhere is./
mircea_popescu: jorash i;ll bet you that you don't crack sha. how about that ?
mircea_popescu: great glory there.
mircea_popescu: ThickAsThieves da fuck ?! what ?
mircea_popescu: bitcoin is small fry, it will probably start a number of wars.
mircea_popescu: cracked sha would cause a fucking tidal wave.
mircea_popescu: doh.
mircea_popescu: fractal well hypotethically what would happen is clothes going out of fashion and the world turning to a massive orgy, in that case.
mircea_popescu: and so we'd just leave ship.
mircea_popescu: fractal it would doom the coin because the question "how did the seller get the coins" couldn't find a satisfactory answer soon enough
mircea_popescu: this notion that getting the public involved is good is just about the stupidest thing ever.
mircea_popescu: we want intelligent people ONLY.
mircea_popescu: jorash we don't want new people at all, let alone many
mircea_popescu: ThickAsThieves whatever answer jorash wants, the answer jorash gets is, go and tell thy masters that bitcoin is here, bitcoin is forever, and the only thing changing is them.
mircea_popescu: i would make my own.