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mircea_popescu: Every node has a 32-bit flags field that indicates which universal and node-type-specific flags are present.
mircea_popescu: ok so. it does payments. how does it resolve the dblspend problem ? blockchain ?
mircea_popescu: i've had enough of this for now, my brain is rippling.
mircea_popescu: Ukto not like it's a crime. im just questing for knowledge
mircea_popescu: however, there's a great advantage to mlt cap over 1bn
mircea_popescu: it all depends how many people hold how much btc this way
mircea_popescu: Ukto i won't sell, for instance. i don;t care what it is tbh.
mircea_popescu: i imagine the reason eskimoblob is a jerk is because nobody asked him to stop befoar.
mircea_popescu: "Please stop being a jerk, EskimoBob." evoorhees is so cute i swear
mircea_popescu: Ukto you're totally insane if you're dicking around with destops for ripple instead of plugging bf in here.
mircea_popescu: any other exchange, including mtgox, could just close tomorrow and well... enjoy liquidators
mircea_popescu: Chaang-Noi these guys specifically because they have the french bank insurance thing.
mircea_popescu: vampireb have her pay back in blowjobs. let new gf get them
mircea_popescu: pretty much the only exchange i'd trust with btc/fiat atm is the bitcoin-central.net ppl
mircea_popescu: so can i create ripple debt, sell it to weex cash bitcoins and arrivederci ?
mircea_popescu: dude if you said hed hoelkatz i'd have totally gotten it.
mircea_popescu: BitHub i shorted some long ago. i'd short some more but meh.
mircea_popescu: maximian part of why im saying i dont get it is in the hopes someone goes "no you fucking idiot, it's like so and SO! see ?"
mircea_popescu: So, shareholders fund the entire startup costs of the company and end up with 38% 'ownership.' It was exactly this point, what is ASICMiner's % of the company, that was debated in some detail when ASICMiner announced the IPO.
mircea_popescu: fuck knows why people get so wrapped up in that nonsense. anyway.
mircea_popescu: yeah, they've been all over how i hate them cause they r competitors and other nefarious reasons.
mircea_popescu: vampireb some bizzare shit, i haven't gotten it myself.
mircea_popescu: as far as i can tell, it's all some dorks who wanna be developers cause they figure its cool.
mircea_popescu: vampireb a 1mn block will likely get about 200 btc at current (20k) estimated profit for the month.
mircea_popescu: BitHub the problem is this : the fixed cost to get someone into btc is huge
mircea_popescu: vampireb yes, 100mn shares, but owner may never sell more than half
mircea_popescu: vampireb no, they pay for the whole 50mn (which obviously 37% whatever goes right back to erik)
mircea_popescu: BitHub i understand that part. the problem here is, bitcoin selling is different from most anything else.
mircea_popescu: vampireb 2k for 10mn last month. by the looks of it 5-10k for the whole 50mn this month
mircea_popescu: im pushing it in some ways, many other people are too, prolly more than me
mircea_popescu: BitHub it's a tough question he got. what even constitutes btc marketing ?
mircea_popescu: ThickAsThieves do you consider stuff like trolling sa bitcoin marketing ?
mircea_popescu: looking at dooglus' graphs no wonder the fucking whale bought 1mn sdice today
mircea_popescu: do you have any idea how inconvenient it is to not check the various stuff going on over there ?
mircea_popescu: Ukto you haxxor you, when do i see bf ticker in here already!
mircea_popescu: it pays 1% on referrals, if you get someone to bet 100 btc that's 1btc for you.
mircea_popescu: BitHub these other folks think it's maybe oversold by now. they may be right.
mircea_popescu: seems senseless to me. but then again, im just an asshole so.
mircea_popescu: their metaphorical blood fattening the metaphorical earth.
mircea_popescu: that's the thing. 1k kids with a dream today, 1k corpses on the metaphorical business field of battle, next year.
mircea_popescu: i got fuckall knows how many btc, if you kill yourself trying a project that doesn't have a chance you loose, my btc gains.