log☇︎
412100+ entries in 0.388s
mircea_popescu: lol thestringpuller
mircea_popescu: how does escrow know who to release to ?
mircea_popescu: but escrow must be able to verify transaction dood.
mircea_popescu: and then escrow confesses and you get charged.
mircea_popescu: sure.
mircea_popescu: it will be tied to something.
mircea_popescu: dja understand that part ?
mircea_popescu: the stock you deliver is not anonymous.
mircea_popescu: on the confession of the escrow.
mircea_popescu: and then two years down the road be served with tax fraud, money laundering and rico conspiracy
mircea_popescu: right.
mircea_popescu: yet i am going to send valuable btc to some anon noob.
mircea_popescu: broker lol
mircea_popescu: so i can currently take a fiart position in any stock, fund, whatever, by calling my browser.
mircea_popescu: seems very slight.
mircea_popescu: right.
mircea_popescu: so what difference do you see ?
mircea_popescu: right.
mircea_popescu: well i think so. how we check ?
mircea_popescu: i fail to see any difference.
mircea_popescu: how is it completely different. it works on the premise "i'm nobody give me dough".
mircea_popescu: MJR__ completely different ?
mircea_popescu: pass.
mircea_popescu: unknown party offering to steal your money ?
mircea_popescu: same principle applies.
mircea_popescu: MJR__ looky here : https://bitcointalk.org/index.php?topic=168992.msg1762685#msg1762685
mircea_popescu: it made it in the summaries yest or w/e
mircea_popescu: MJR__ i have no idea.
mircea_popescu: KRS1 actually i have.
mircea_popescu: so criptostox/vircurex is about going rogue
mircea_popescu: https://bitcointalk.org/index.php?topic=165766.msg1762710#msg1762710
mircea_popescu: it could happen, and i bet you it'd be faster than you'd think
mircea_popescu: for instance, a hot young thing walking into your office naked takes all of 6 seconds
mircea_popescu: anything can happen real fast or at least faster than you think
mircea_popescu: MJR_ ya well not everything that relies on trust or appreciates in value is a ponzi.
mircea_popescu: bitcoinity dead ?
mircea_popescu: the founder just looted the corp accoutns is all.
mircea_popescu: the first two lines ? yea.
mircea_popescu: ian bakewell and eskimo bob
mircea_popescu: totally.
mircea_popescu: Intrade’s director, Ronald Bernstein, said in a statement that the shortfall resulted from unspecified actions by two other parties, whom he did not name.
mircea_popescu: The online betting Web site Intrade, which gained widespread notice for serving as a predictions platform for elections and events not related to sports, is facing liquidation because of a $700,000 cash shortfall, a development that comes a month after it halted trading and froze its customer accounts.
mircea_popescu: a, i can add more at any time
mircea_popescu: bitcoin did.
mircea_popescu: no sentiment based thing can take 4 days off
mircea_popescu: <MJR__> ThickAsThieves: it is ponzi mode << no it's not.
mircea_popescu: what, not even 500 yet ?
mircea_popescu: ;;ticker
mircea_popescu: lol
mircea_popescu: $vwap ^oix
mircea_popescu: $avg ^oix
mircea_popescu: ;;goxlag
mircea_popescu: doesn't mean shouldn't be worked on. by us, preferably.
mircea_popescu: i'm aware.
mircea_popescu: Diablo-D3 im just saying, suppose somebody somehow DOES manage to optimise it.
mircea_popescu: the fact that asicvendors can optimise towards 50%
mircea_popescu: as it will be our first line of warning to hash weakness
mircea_popescu: still, research in this field is very valuable
mircea_popescu: and ?
mircea_popescu: prolly.
mircea_popescu: usure better optimisation wouldn't give you a ~68 ?
mircea_popescu: you only get 10% ?
mircea_popescu: hm
mircea_popescu: you waste power too
mircea_popescu: is exactly what i'm saying. could push up energy effuiciency what, 50%
mircea_popescu: CAN being the key word.
mircea_popescu: Diablo-D3 i was talking asics
mircea_popescu: it's trivial if you're thinking software. as far as the chip goes, it has to be actually etched on the chip.
mircea_popescu: why would you compute the whole thing ?
mircea_popescu: possibly. enlighten me ?
mircea_popescu: it's mind boggling to me that nobody has so far implemented this.
mircea_popescu: if it didn't... you skip to increasing the nonce.
mircea_popescu: so here's a basic improvement to current asic hardware : you only need to compute the 2nd hash digit if the 1st came out as 0
mircea_popescu: not like they're going anywhere
mircea_popescu: well if it's not you might do it the day after
mircea_popescu: you can open a coinbr.com one
mircea_popescu: yes.
mircea_popescu: strike / (1 + premium) for puts
mircea_popescu: real easy to calc, strike / (1 - premium) for calls
mircea_popescu: yeh
mircea_popescu: 217.8
mircea_popescu: ;;calc 200 / (1 - .082)
mircea_popescu: um
mircea_popescu: ;;calc 200 / (1 - .82)
mircea_popescu: i don't follow.
mircea_popescu: ChaangNo_ you pay .082122etc btc for the dollar value of 1 btc over 200
mircea_popescu: i have no idea.
mircea_popescu: for burning pottery with his burned out pothead friends ?
mircea_popescu: Diablo-D3 yes. exacrtly.
mircea_popescu: or, for that matter, since about 5400 BC.
mircea_popescu: suprisingly enough, the value of a kiln hasn't moved much in the interval
mircea_popescu: ltc now is 4.x
mircea_popescu: ltc he bought kilns with was 0.02
mircea_popescu: well, he had that genius plan of buying kilns in ltc
mircea_popescu: pretty funnay.
mircea_popescu: eskimo bob loses 99.x% of NAV
mircea_popescu: https://bitcointalk.org/index.php?topic=130947.msg1758226#msg1758226
mircea_popescu: ha! shush commie.
mircea_popescu: they're all locked in my basement.
mircea_popescu: i like big tits, but i would say Cs count.