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mircea_popescu: "Sisters Penny and Jane Lowe are arrested for hitchhiking and skinny dipping and are sentenced to work on a rural farm for a corrupt agricultural magnate named Tropp."
mircea_popescu: gecko_x2 rthat's a property of all good spirits (ie, not industrially produced crap)
mircea_popescu: gecko_x2 he's not started drinking professionally yet :D
mircea_popescu: cheap nobrand instant is made out of dead indian baby girls
mircea_popescu: ThickAsThieves so if i buy X seats i could take your asset offline ?
mircea_popescu: i wonder if any troll registered asicminer yet on the forum
mircea_popescu: let's not spoil our perfectly good sexism with racist overtones plz.
mircea_popescu: i think sugar is universally more dismissive than baby
mircea_popescu: in 2014, once the bitcoin foundation approves the new bfl protocol.
mircea_popescu: you can change your name for the cost of a sworn affidavit.
mircea_popescu: make a fucking name for yourself. jokes are good for as long as you wear short pants.
mircea_popescu: not like ignorance should defer to experience or anything. kleeck called it!
mircea_popescu: ThickAsThieves if you recall, i explained when they introduiced it why it's a bad idea.
mircea_popescu: neither of these are likely. neither of these is impossible.
mircea_popescu: you can guess there's probably more than 1-2k btc wanting asicminer today. what if it flash dropped 90% ?
mircea_popescu: also, to be always remembered, liquidity is a fickle beast. it appears solid when not needed. take the more obvious case of a casino : if a dice site is making btc, it has investors. what if it's 50k btc under on 100k btc total played ?
mircea_popescu: it is extreme, but about equidistantly from the center extreme as the rest of the crap
mircea_popescu: how much of that pot each gets depends basically on when they sell.
mircea_popescu: what we found out yesterday is that those 170k or shares held by various people have about 1-2k btc TOTAL to split among themselves.
mircea_popescu: plenty of people have plenty to sell, to the tune of about 170k or so.
mircea_popescu: selling hardware has probably a better revenue model, for surer
mircea_popescu: ThickAsThieves you mean generally, as in, "actual implementation, actual revenue, market trying to cope with pricing it" ?
mircea_popescu: the sooner you digest this fact, and the sooner you get rid of the relativism fallacy, the sooner you have a chance to matter.
mircea_popescu: it has people who know what's what. i'm, one of them. you're not one of them.
mircea_popescu: and all on top of very deep ignorance. bitcoin is not a level field.
mircea_popescu: the mistake here is your proceeding from the intellectually bankrupt ideology of relativism,
mircea_popescu: loading your happenstance with nonsense and calling the lot a "fact" won't help you.
mircea_popescu: "big players". heh. lots of btc. the whole selloff was 100 bitcoin.
mircea_popescu: kleeck a reddit post is worth about as much as your "calling" things.
mircea_popescu: gecko_x2 most users talk to mpex via custom scripts anyway
mircea_popescu: can't even scam right, let alone do anything useful with themselves.
mircea_popescu: so lulzy how the actual miner is plumeting and all the scams are floating as if nothing happened.
mircea_popescu: some bitcoiners would be much better served playing eve.
mircea_popescu: but anyway, in other news : i bought 10bn worth of ice shit in eve yest. today there's a blocade on ice shit.
mircea_popescu: why does everyone come up with this same exact brilliant idea all the time.
mircea_popescu: for some values of kinda ranging from infinity to infinity.
mircea_popescu: soon mtgox will be dead and mpex will be literally the oldest thing in btc