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mircea_popescu: other than the former's claims to investment in the later.
mircea_popescu: i don't think picostocks and bitfury are actually related
mircea_popescu: 're new. pigeons has been here through the scams. when he says "not an effectual heuristic" he is speaking from a place of pain.
mircea_popescu: furuknap or who may be naive of exactly how scam friendly bntc is
mircea_popescu: he has 100 btc on the line. if he puts 1000 on the other side to make back his 100 he still pays the rake
mircea_popescu: furuknap i have yet to see a pgp signed declaration from any of these people.
mircea_popescu: ThickAsThieves well, i count the 100 btc of bitfury's as some evidence
mircea_popescu: something like "here are names so it's legit" ? the pietila guy also throws names around
mircea_popescu: furuknap but i mean, what exactly is your judgement there ?
mircea_popescu: his statements that he's invested with third parties are his own.
mircea_popescu: while bitfury seems pretty certain he;ll deliver, i still very much doubt that investment exists.
mircea_popescu: so then they made another 1mn ish investment with bitfury
mircea_popescu: the story is that they had a 1mn ish investmenty with tom van ripyou of basic
mircea_popescu: best indication ever that auschwitz was a bad idea : the jews didn't fight back at all.
mircea_popescu: what people want is too widely distributed and also quite likely to kill them.
mircea_popescu: i don't think any leader of any import ever cares what epople want. at issue is what people need.
mircea_popescu: he made it and then there was suddenly a desire for it, five years down the line
mircea_popescu: arrington didn't appear because there was a desire for tech crunch
mircea_popescu: i just repeat this periodically on the theory that hey, you never know.
mircea_popescu: anyone starting a blog now on the topic and sticking to it professionally will be the gigaom/whatever of bitcoin in a decade.
mircea_popescu: anyway, sorta back on topic : bitcoin finance desperately needs analysts, of the real kind
mircea_popescu: ThickAsThieves i can't for the life of me recall exactly wehat it was
mircea_popescu: windows sharepoint was some old, pretty much abandoned stuff ms came out with in i think 2002
mircea_popescu: i'm just saying you gotta know the basic idea, where he gets the data, stuff like that.
mircea_popescu: furuknap i didn't even know there's a sharepoint community
mircea_popescu: the short version : don't sponsor things you don;'t understand, they may blow up in your face.
mircea_popescu: ThickAsThieves ye know what i mean. gotta know what it is.
mircea_popescu: Chaang-Noi well i dunno if 5btc counts as a selloff if they have an actual business then.
mircea_popescu: However I will still be able to breathe inside the house, plus drink and eat reasonably well. So my lifestyle, which was originally fit for a king, is still fit for a travelling salesman.
mircea_popescu: must suck to be black and with a normal penis these days
mircea_popescu: "Shit, if a tall and beautiful woman shows up at a Bitcoin conference we're all doomed anyway. "
mircea_popescu: they might have been able to find someone who wanted to buy 100k worth of btc and didn't know how.
mircea_popescu: no big deal, i'm sure people wanting to buy btc can be found.