399800+ entries in 0.25s
mircea_popescu: o wait.
they also
think wrinkly old usgfag qualifies huh.
pete_dushenski: my guess is bois
thought
that gender equality meant
that
they could be enthusiastic
too
assbot: Logged on 24-08-2015 17:51:38; mircea_popescu: because enthusiasm beats anything else nine
times out of seven.
assbot: Logged on 19-09-2015 14:54:39; mircea_popescu: who
the fuck keeps
telling people enthusiasm matters. shut
the fuck up and sit down, you're not helping. in fact, you're most of
the problem.
mircea_popescu: anyway, berkshire's 297/811760 = 0.000365872, better example in
that vein
assbot: Logged on 19-09-2015 14:50:33; mircea_popescu: i also can't believe
the butthurt "augur" people
that kept derping on reddit about how mean bitbet is actually are built atop
this shit and somehow still expect anyone
to
take
them seriously.
mircea_popescu: anyway,
to sum up : mkt cap / mkt volume factors. bitcoin 0.004171805 ; ripple 0.002536088 ; ltc 0.006680363 ; 0.006944208 ; "bitshares" 0.031265642 ; general motors, 0.01136538
mircea_popescu: why would
that be
the case,
the less liquid a market is
the more hope driven it is.
mircea_popescu: dividing
the mkt cap by
the mkt volume roughly yields
the "empty hopes" factor.
☟︎ mircea_popescu: so bitcoin is pushing it with its 0.005. but
this 0.001 bs...
assbot: Logged on 03-07-2014 17:34:41; asciilifeform: overfulfilled. In any case, sixty-two millions was no nearer
the
truth
than fifty-seven millions, or
than 145 millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was
that every quarter astronomical numbers of boots were produced on paper, while perhaps half
the population of Oceania went barefoot.'
mircea_popescu: in what sense does
this make sense ? you don't even need
to have finance experience
to notice
this nonsense.
mircea_popescu: someone fucking explain
to me what is
the MEANING of "quarter billion mkt cap" over half a million
trade volume.
mircea_popescu: so since i'm now looking at
the
table of "crypto currencies", as if
that's a
thing now (hey, why not you know, alternate centers of gravity - why not!!1), here's a
table :
mircea_popescu: so far it's more like a "pack of wild dogs invaded your living room ? quick, drop some squaky
toys on
the floor!11"
mircea_popescu: as
the us is not printing new bills,
the incentive is not present.
mircea_popescu: the only incentive
to do
that is
the loss of face over having
to print wider bills
to accomodate
the increase in digits.
mircea_popescu: twenty years ago you COULD NOT buy a house in romania other
than for cash. no matter what.
mircea_popescu: nobody
that you know paid in cash for a house or even a car.
think about
that. what cash ?
mircea_popescu: "no inflation for a century" ==> "time
to cut
two zeros off
the currency"
assbot: Logged on 19-09-2015 14:16:03; assbot: Logged on 19-09-2015 11:24:12; punkman:
http://www.ft.com/intl/cms/s/0/7967908e-5ded-11e5-9846-de406ccb37f2.html "The assumption is
that if a central bank introduced negative interest rates — a radical move
that would effectively amount
to a charge on holding money — people would convert deposits into cash. But abolishing cash would remove
that option. "
mircea_popescu: she can pretend she's wymyn in
tech, interested in ethereum for glory.
mircea_popescu: mostly because warm soup at maryland, but
that's limited.
shinohai: meanwhile,
thank you asciilifeform for giving us a bitcoind
that isn't a horribly bloated p.o.s.
mircea_popescu: (which is pure necrodearia style insanity-on-a-stick, for
the people who haven
mircea_popescu: and within not so long,
the only people left standing will have a very strong "opentransactions" flavour
to it
mircea_popescu: im still puzzled as
to why all
the eth derps imagine
they're competing with bitcoin, quoting all sorts of bitcoin news etc, when it's quite clear
they're
trying
to eat
the ever shrinking ripple pie.
assbot: Logged on 19-09-2015 14:41:47; mircea_popescu: it looks exactly like someone gutted lisp and replaced it with "easier
to use" javascript.json
shinohai: In
that vein,
TradeFortress is sure
to give me back
the coin I lost in coinlenders
too.
mircea_popescu: obviously. i'm sure
there's somewhere some people secretly waiting for neobee "brick and mortar stores"
to come out of hiding.
shinohai: I decided not
to bet on
that one, I mean
there are people
that *still* believe in paycon despite Garza being what he was.
mircea_popescu: who
the fuck keeps
telling people enthusiasm matters. shut
the fuck up and sit down, you're not helping. in fact, you're most of
the problem.
☟︎ mircea_popescu: "Taylor Gerring @TaylorGerring · Sep 17
Taylor Gerring retweeted Vitalik Buterin
The benefit of #Ethereum being defined by a spec, not an implementation "
mircea_popescu: aaanyway.
that was entertaining.
thanks whoever
threw away 10k on bitbet, for
the morning lulz.
mircea_popescu: i also can't believe
the butthurt "augur" people
that kept derping on reddit about how mean bitbet is actually are built atop
this shit and somehow still expect anyone
to
take
them seriously.
☟︎ mircea_popescu: shinohai i'd be actually surprised if anyone managed
to use
this
thing as intended
to date.
mircea_popescu: i simply had no fucking idea, i imagined
they'd go ineptly hit on girls or something. eat many cakes.
mircea_popescu: mindboggling what
the population of excel-educated project managers in obscure office space will do with
their
time if you let
them loose.
mircea_popescu: so
they're not even at discussing jets and immutability yet. so far we're doing "branding imperatives" and "How
to call Serpent function from JAVA SCRIPT (including encoding of function arguments)"
shinohai: I'm still rofl from
the guy who sent all his coin
to a contract
the other day and now can't recover it.
mircea_popescu: asciilifeform seriously, it seems like
this
thing aims
to be ~ urbit. made by people of
the same exact ilk ("got some usg payola") but who understand EVEN LESS of computing.
mircea_popescu: it looks exactly like someone gutted lisp and replaced it with "easier
to use" javascript.json
☟︎ mircea_popescu: eth.sendTransaction({from:eth.accounts[1],
to:eth.accounts[2], value:eth.getBalance(eth.accounts[0])-eth.gasPrice*21000, gas:21000})
mircea_popescu: all i wanna know is what
the fuck broken parenscript
they use.
shinohai: When you create your own money, you also get
to make up a job
title! How cool is dat?
assbot: Microsoft has developed its own Linux. Repeat. Microsoft has developed its own Linux •
The Register ... (
http://bit.ly/1ioUfJz )
mircea_popescu: they actually sit around and pretend like
this shit's a
thing. i have so much
trouble processing
this...
mircea_popescu: a) all
the wrong fucking choices ; b)
they actually believe
this shit has some sort of meaning. god help me, "the eth dev brand" ? how
the fuck is it a brand.
mircea_popescu: We will de-emphasize
the “ETH DEV” brand (with
the exception of “DEVcon”) and focus attention on “Ethereum” going forward"
mircea_popescu: "We will continue our general direction of increasing permissiveness
that we began with our recent changes
to branding guidelines, and emphasis on maintaining norms of common sense and civility over strict rules. We are not following in
the footsteps of /r/bitcoin‘s
theymos. Discussion of EthereumXT (I suppose
the closest equivalent we have is Expanse, with its 10x higher gas limit) is NOT banned.
mircea_popescu: We will make an effort
to de-emphasize Skype, and emphasize Gitter as a means of real-time communication for developers. Gitter has
the advantages
that (i) it’s easier
to quickly jump in and participate,"
mircea_popescu: As some initial steps, we are going
to do
the following:
mircea_popescu: ion and
take another look at how
the Ethereum foundation interacts with
the community.
mircea_popescu: "The foundation is currently in
the phase of restructuring its communications activities. Several members of our current communications
team in London are soon leaving or reducing
their involvement in
the Foundation in order
to pursue for-profit ventures on
top of
the Ethereum ecosystem; we wish
them
the best of luck. And so, we have both
the necessity and a unique opportunity
to “reboot”
that side of
the organizat
mircea_popescu: like getting malnourished african children
to eat beef jerky.
mircea_popescu: really
this
thing should be preserved for future derps.