414600+ entries in 0.158s
mircea_popescu: yes but as we get into the hundreds we're markedly less decentralised than visa.
mircea_popescu: it seems this is rapidly becoming bitcoin's chief point of failure.
mircea_popescu: at the rate nodes have been decreasing (60k two years ago, 30k a year ago, 10k recently, <1k by now)
mircea_popescu: TomServo they should hire a dozen strippers in the main towns at 100 an hour or whatever
mircea_popescu: benkay not really. if you're on otc it's pretty much max trust insta speed best price.
mircea_popescu: it has a number of advantages but takes a little work.
mircea_popescu: microhxo yes, otc stands for over the counter. there's this system of trading btc with other parties, based on the wot
mircea_popescu: microhxo USA is a little iffy, might want to give otc a try tho
mircea_popescu: ThickAsThieves yeah, i care deeply about the knitting circle.
mircea_popescu: Bugpowdurr the puts covered earlier so dunno about that.
mircea_popescu: obviously it was going to get kicked back as soon as it went over 100
mircea_popescu: "Obama Proclaims April the Month to Teach Young People ‘How to Budget Responsibly’"
mircea_popescu: course their usual lieing sort of bs suggests they do have eu licenses.
mircea_popescu: are currently using some eastern european banks which allows them to skirt it.
mircea_popescu: also for the record : mtgox failed to get registered in europe, got kicked out of france,
mircea_popescu: " you need to discuss with every single state" ya dood, i'm sure every single state is discussing shit with every single bootstrapped project.
mircea_popescu: Apr 01 15:15:32 <mircea_popescu> ;;later tell bugpowder : here's an idea : make hashing processors out of dragonfly brains.
mircea_popescu: Bugpowdurr your habit of logging in and then dropping makes you lose out.
mircea_popescu: anyway, all that aside, the idiff futures are largely an experimental asset, so
mircea_popescu: this is liable to be correct for as long as mining is still immature obviously.
mircea_popescu: jurov i think his presumption is that diff can not go down
mircea_popescu: and that may be a good idea, but won't really be worth discussing for about another year
mircea_popescu: i mean i could use all 4 (barring the fact that currenlty we only have 1 anyway)
mircea_popescu: yes, but is it a factor for volatility from one settlement to the next.
mircea_popescu: that's fine, but it seems to me like a case of "you should improve your exchange so everybody makes money on all trades"
mircea_popescu: well yes, it does. if i had a better way i'd be doing it.
mircea_popescu: ya, see, this doesn't work as an approach. i mean it's prolly fine in middle school or w/e, but i'm not 14.
mircea_popescu: ThickAsThieves you still haven't solidified your idea into something we can discuss tho.
mircea_popescu: but i'm pretty darned certain will save everyone a shitton of sweat, blood and tears in five years.
mircea_popescu: or in other words : my insistence in implementing correct designs or nothing at all, and decentralisations such as these may make me look like an idiot today
mircea_popescu: because it insulates from market manipulation accusations.
mircea_popescu: it's very important to have sepparate data feeds and trading,
mircea_popescu: while significant for a trading place, are NOT to be solved by the trading place itself.
mircea_popescu: perhaps best to ask him, buit in general speaking the problems of access to market data
mircea_popescu: i admit the 2.9x is just some number i took out of my ass.
mircea_popescu: understand : the general public is very dangeours (chiefly to itself) in any sort of functionuing marketplace.
mircea_popescu: i read this and what i see is "i couldn't make people living in queens understand what the schmier is with stock options. i'm sure high powered executives would bne the same"
mircea_popescu: for one settlement was announced in here when it happened.