404000+ entries in 0.176s
mircea_popescu: and now you're getting all excited cause erik is playing a lot of defense
mircea_popescu: the funny thing is on one hand i told everyhone when they were here to be defensive players
mircea_popescu: 's moving stuff back and forth he's providing liquidity which is still a service.
mircea_popescu: at least you don't have 45k in college debt for the priviledge ThickAsThieves
mircea_popescu: except we don't yet have the long term for the later, so.
mircea_popescu: the market is a voting machine doubling as a weighing machine
mircea_popescu: ThickAsThieves look, everyone does his own thinking, has his own expectations...
mircea_popescu: as far as i know there's a total of three people actually qualified to be doing this.
mircea_popescu: depends if you're a daytrader marking to market on a daily basis.
mircea_popescu: the idea is for btc to be a safer place than anywhere else, not some mythical land you raid now and again
mircea_popescu: the idea is that you perceive this medium as dangerous and i aim to make it safe.
mircea_popescu: the great advantage of btc is that it'sd a perfectly even ideal field on which everyone's understanding can be tested
mircea_popescu: ten years down the road things will have played out as i said they will, and they could no longer play any number of ways.
mircea_popescu: yes. this is the thing : at this point anything "could" happen
mircea_popescu: the only way this divide will be healed is through time. so i'm not in any rush for anything to happen.
mircea_popescu: nevertheless, i won't have any of it, it's not what i'm building nor what i stand for.
mircea_popescu: this may be informed by experience, heck, it may even be the correct stance in btc.
mircea_popescu: ThickAsThieves basically where you're coming from is this : "i'm here in the land of the thieves, better pack as much and run while i still have my legs"
mircea_popescu: contracts (like any other thing in the world) work by working not by being broken
mircea_popescu: no contract protects the investors or any parties against the very contract being breached.
mircea_popescu: it clearly delineates what anyone can reasonably expect. etc.
mircea_popescu: you don't have to agree, but you won't change this whether you agree or you don't.
mircea_popescu: bitbet is small. asicminer doesn't practically exist. it's take it or leave it.
mircea_popescu: ThickAsThieves as far as i can see, other than mpoe (which may well be oversold), sdice is the only investment available atm.
mircea_popescu: you're buying into someone else's specifically so as not to have to deal with that.
mircea_popescu: you want to be involved in business planning, start one.
mircea_popescu: most companies fail to file at all after their first year
mircea_popescu: if this is a spark but not a fire then what can io tell you
mircea_popescu: sdice always was and still is the majority of rthe blockchain
mircea_popescu: it will behave accordingly. you want excitement, chase the vircurex ipos or w/e
mircea_popescu: ThickAsThieves that's fine but not all things are that.
mircea_popescu: anyway. point being : the hammer has not grown. it is what it is.
mircea_popescu: ThickAsThieves this growth thing... it often is illusory.
mircea_popescu: in my mind investors are making a revenue from their holding
mircea_popescu: yes, pralines are dead to the us market, in the sense that the uninformed poor there don't get any.
mircea_popescu: this particular piece of confectionery has been unchanged since three centuries ago
mircea_popescu: this attitude is what leads to creeping featuritis and general cruft.
mircea_popescu: davout i'd take that as a good proxy for how valuable a website is for sdice
mircea_popescu: there's no good reason random, service x should be a website.
mircea_popescu: and im not transferring the argument, i'm just not particularly interested in arguiubng about s.dice per se, i think the general point is more interesting
mircea_popescu: most popular jobs are dead. most lucrative jobs are "boring"
mircea_popescu: but srsly, most things worth it in this life aren't what's being hyped
mircea_popescu: there's this very american worshipping of a very particular thing