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mircea_popescu: this belongs to random dork going all over the us "on bitcoin"
mircea_popescu: you can't be part of the race to the stars if you live in 1960s chile, you can't be part of bitcoin if you live in today's third world.
mircea_popescu: this attitude is crucial for long term success. otherwise the scammers win much like the politicians won the same thing in the us./
mircea_popescu: jcpham it's important to keep track of the precious few that aren't, rather than succumb to generalisation.
mircea_popescu: well kinda hard to distinguish, my pseudoquote above would perhaps count
mircea_popescu: well wait, which sides are there ? i'm sorta going with the "we're terribly excited to announce how excited we will be once we announce our excitement"
mircea_popescu: "T.S.A. officials respond that the random searches are special needs or administrative searches that are exempt from probable cause because they further the governments need to prevent terrorist attacks."
mircea_popescu: kakobreklaa> the evolution of bitcoin assets is going the wrong way << certainly the deluge of opinionated noobs is causing some confusion
mircea_popescu: <weex> i think it's a good thing to have some human intervention in certain cases << definitel
mircea_popescu: everything's wrong with it if nobody on a stick presumes his nothing at all is worth > 1 btc.
mircea_popescu: nothing wrong with it, if for instance erik presumes bitcoin's main transaction generator is worth 300k btc.
mircea_popescu: it's a sale by owner, in which case, the owner is presuming his thing is worth X.
mircea_popescu: it's not the case this is an ipo, such as for instance s.mg ipo'd.
mircea_popescu: <Urushiol> 100k of capital isn't going to get you far << you're confused.
mircea_popescu: dexX7 yeah, was the tagline for a while. mpex, failing last. since 2011.
mircea_popescu: atm i was lolling at the fact that somehow me and the girl are the topic of the fake-asicminer thread.
mircea_popescu: giving shit allows you to string out the idiots and only the idiots for years, as bfl has recently proven but otherwise as it's been documented ot high heavens already.
mircea_popescu: so, giving out "Actual updates" might put you in the worst position ever : get the attention of a lot of people who are mostly sane, and so won't ever let you scam them.
mircea_popescu: false positives are the only major cost of the spammer.
mircea_popescu: it's badly spelled because this way it repells the smart people early.
mircea_popescu: as i've said about fiddy times, it's not badly spelled and badly thought out because nobody in nigeria can be found who can spell
mircea_popescu: scams work on greedy idiots with inferiority complexes.
mircea_popescu: the idea is to discourage the thinking people and emotionally enslave the idiots.
mircea_popescu: it's a matter of some scammers creating a fake asicminer and trying to pump it.
mircea_popescu: much more interesting would be the skamskimo bob's asset report for july
mircea_popescu: it costs about that much to get hard currency out of the country. simple as that.
mircea_popescu: which is counterintuitive. perhaps people are all relieved that the whole thing didn't collapse.
mircea_popescu: but the later part works if you're offline. which makes it useful.
mircea_popescu: ;;later tell exocyst if you're looking for explanations as to why the "mining stocks" ie scams have been deflating the past days it has absolutely nothing to do with any wsj article.
mircea_popescu: dexX7 they have a long history of outright lieing in their press releases.
mircea_popescu: thestringpuller i can't say it shouldn't, obviously. which is the similarity with ThickAsThieves' situation.
mircea_popescu: teh people. will not read, then behave as if that changes reality.