log☇︎
409500+ entries in 0.141s
mircea_popescu: jcpham sounds like it.
mircea_popescu: i imagine more people will make more chips.
mircea_popescu: Namworld i think avalon is delivering.
mircea_popescu: pgp yea.
mircea_popescu: sounds a lot like the internet is not like a truck argument.
mircea_popescu: kakobrekla who;s rthat ?
mircea_popescu: yeah.
mircea_popescu: i wonder if the two are the same one guy.
mircea_popescu: you started your own scamcoin ?
mircea_popescu: no 1 ?
mircea_popescu: basically the internet is this place where funny just grows. like a sort of agar for humor.
mircea_popescu: people have found the article where some doods who explain how $600 is way too much are being hammered, and want to add their own "$3000 is too much" contributions.
mircea_popescu: on trilema
mircea_popescu: according to new research.
mircea_popescu: "This is not the case here. Paying the 30BTC doesn’t mean that other people can then trade via me and I will be able to earn commissions from their trades."
mircea_popescu: and sprained his thumb
mircea_popescu: this time he was tryhing something new
mircea_popescu: must have proof first miss.
mircea_popescu: i was just there in case they needed money to replace destroyed underwear etc.
mircea_popescu: i didn't film it
mircea_popescu: worse than satan penis. now people think i'm going senile.
mircea_popescu: only to immediately realise that a. yes it is, b. they're getting banged and c. that's actually when you were there.
mircea_popescu: that awkward moment when you're watching a vid of some girls going down some stairs and exlaim "wait a second, this is that hotel in belgrade"
mircea_popescu: yea
mircea_popescu: thats because you're so good at it.
mircea_popescu: lol
mircea_popescu: also, 100 dollars per pixel ? what's this to do with bitcoins.
mircea_popescu: hence why he's on the internet.
mircea_popescu: he's not smart enough to make a buck busking
mircea_popescu: where ?
mircea_popescu: Available: 1,000,000 Busy: 0
mircea_popescu: he did ?!
mircea_popescu: The site traffic is growing every day! Today almost 1,000 uniques and counting. Be the first to pick up your spot on the homepage. Prime time to pick the best spots =)"
mircea_popescu: Website Traffic
mircea_popescu: "14.04.2013
mircea_popescu: heh. is this a buttcoin parody ?
mircea_popescu: or bitmillions or w/e the fuck ? thye kinda run together by now
mircea_popescu: Bugpowder the million dollar bitycoin ? or the bitbillion ?
mircea_popescu: well pretty much every scam has to be tried out at least once
mircea_popescu: so is jcpham dead from cyanide poisoning yet ?
mircea_popescu: there goes the 50-100k investment ;/
mircea_popescu: yeah. baklava.
mircea_popescu: o nm lol.
mircea_popescu: kakobrekla they do ?! what ?
mircea_popescu: you know what's more idiotic than claiming you're a millionaire while begging for free pizza ?
mircea_popescu: i wonder what's the headcount of bullshit artists at today. 4bn ? 7bn ?
mircea_popescu: i'm getting a few dozen a week by now.
mircea_popescu: there's a bunch of people looking to verbally invest into btc
mircea_popescu: http://trilema.com/2013/because-most-people-are-idiots-in-spite-of-never-manning-up-and-admitting-to-it/#comment-92759
mircea_popescu: lol
mircea_popescu: http://www.youtube.com/watch?v=EZaOhMk1r5I
mircea_popescu: nature of the world is political sadly.
mircea_popescu: lol
mircea_popescu: that conservatives always roil about and socialists keep pretending to have never quite heard of.
mircea_popescu: i guess the one most bitter lesson btc will force down people's throats is that elusive personal responsibility thing.
mircea_popescu: inasmuch as people behave idiotically they have not the right to functioning mechanisms, nor are entitled to actual service.
mircea_popescu: can be wrecked by people being idiots.
mircea_popescu: the chief idea here is that mechanisms that exist to make this a market, and serious, and worth money, and respectable,
mircea_popescu: anwyay. deposits flushed.
mircea_popescu: we are looking into it, but overall it's a difficult argument.
mircea_popescu: im not terivbly sure it's flawed.
mircea_popescu: as stupidity is promoted, sense simply leaves.
mircea_popescu: whether it's pirate idiocy like gigavps did, or price idiocy like keiser & co did, or simple technical idiocy like pushing tradehill or coinbase etc :
mircea_popescu: one of the key factors eveeryone has to consider when promoting idiocy,
mircea_popescu: yet he leaves the field once somebody takes out a machete.
mircea_popescu: yes. just like the guy on first base is an instrument in the game of baseball
mircea_popescu: well ofcourse. it's a bot after all.
mircea_popescu: it doesn't make judgements as of technology etc.
mircea_popescu: and the bot only sees graphs, charts and so forth.
mircea_popescu: which, on the strength of that alone, i find difficult to contest
mircea_popescu: more like "nothing that goes from 20 to 260 and then down to 60 has a future"
mircea_popescu: that was the entire point of yest's convo
mircea_popescu: as far as the bot is concerned, bitcoin is a dead horse it would seem.
mircea_popescu: this is something we've been discussing at length yest i thought ?
mircea_popescu: on the strength of what it saw in the charts.
mircea_popescu: basically the bot is of the opinion BTC is fucked,
mircea_popescu: the easy way to get 300 is to sell out.
mircea_popescu: yes well, you didn't. you started with 5 btc.
mircea_popescu: even if you count those at $6 each, it's hardly a loser compared to 30 bucks.
mircea_popescu: if you trade it for puts and btc goes to $6, you now have 44/6 * 5 = 35 btc or so.
mircea_popescu: if you keep it as btc and btc goes to $6, you have 30 bucks. so from a fiat perspective lost 90% of your fortune.
mircea_popescu: if you atm have 5.4035 btc, their value is whatever, 300 bucks.
mircea_popescu: ok, let's try the example then. [MPEX] [O.USD.P050T] 5 @ 1.080704 = 5.4035 BTC [+]
mircea_popescu: well... what's a best put ?
mircea_popescu: how so ?
mircea_popescu: pgp 1 is a max for calls, it has no particular relaiton to puts.
mircea_popescu: ThickAsThieves interesting.
mircea_popescu: i wonder if he learns by it. ☟︎
mircea_popescu: http://www.google.com/search?q=scott+locklin&tbs=qdr:d lol
mircea_popescu: lol
mircea_popescu: on your teeth motherfucker. this is okay. because most retards are tauight how to write and nothing else, then given internet access.
mircea_popescu: "he's a young dentist learning dentistry".
mircea_popescu: that's exactly what i[m talking about.
mircea_popescu: "young entrepreneurs learning the business" heh.
mircea_popescu: kakobrekla how much you got locked there ?
mircea_popescu: doesn't seem likely. i have no idea who'd fix ror code.
mircea_popescu: would have been codebase licensing. for fixing etc.
mircea_popescu: the bitcoinica victims, one of their avenues to recover something of their lost money
mircea_popescu: but! they didn;t obtain permission!
mircea_popescu: you scam, you're dead.