log☇︎
432900+ entries in 0.142s
mircea_popescu: 3mn
mircea_popescu: jurov ikr?
mircea_popescu: sheesh.
mircea_popescu: but do they trade x.idiff ? no they don't.
mircea_popescu: dudes sit around writing that shit on their blogs
mircea_popescu: Depending on BFL's shipping schedule, the network hashrate could be from ~ 120 Thps to ~ 290Thps, with Difficulty reaching between 15 and 40 million before mid May.
mircea_popescu: 3. Conclusions
mircea_popescu: course asciilifeform is all no! you must use geiger counters!
mircea_popescu: innit!
mircea_popescu: smickles i think racist is what pinkos call people who call them pinkos
mircea_popescu: and drunk.
mircea_popescu: topless
mircea_popescu: dude if you don't launch soon ima start sending escorts to your door at like 2am
mircea_popescu: anyway if mod6 evergets the iphone app out that'll be funny
mircea_popescu: maximian i think a few people
mircea_popescu: nobody can get into mpex to the tune of 10 ppl a day or some shit
mircea_popescu: im on the other side of it, trying to hold the doors down lol
mircea_popescu: "o noes, but nobody can get on mpex!1"
mircea_popescu: heavily philosophical too
mircea_popescu: "the "shares" that MPEx has that it lets you buy and then sell ... how did they get them, and what exactly are these shares?"
mircea_popescu: people get so wrapped up in their own mind
mircea_popescu: it's funny tho, why am i an asshole
mircea_popescu: owner is an asshole!!1
mircea_popescu: http://www.reddit.com/r/Bitcoin/comments/17rae6/satoshi_dice_has_almost_tripled_since_its_ipo/ ahaha this is sweet.
mircea_popescu: course the hidden thing in all of this is that if mpex scales worth a shit everyone can just do push transactions.
mircea_popescu: <jurov> smickles, not really. that would be akin to city transportation not giving a fuck about security of chip cards << which they don't.
mircea_popescu: most recent example
mircea_popescu: https://bitcointalk.org/index.php?topic=134024.msg1493309#msg1493309
mircea_popescu: mjr_ yes. it mostly consists of my pr pointing out it doesn't work and people glazingvoer.
mircea_popescu: thats some prime hatin' right there :D
mircea_popescu: smickles http://www.reddit.com/r/Bitcoin/comments/17rjzk/mpex_this_is_what_we_mean_by_bitcoin_will/c887zpp
mircea_popescu: i didn't get that last q.
mircea_popescu: but there's a BIG lesson in here. think about it : i have technoklogy that allows me to do what they do much cheaper.
mircea_popescu: yeah. this would not be feasible if i tried to do it like it;'s currently done in the fiat finance world.
mircea_popescu: i think so too.
mircea_popescu: but i don't see many people bothering, no. there's no benefit
mircea_popescu: that's all really.
mircea_popescu: then you know it's not mpex
mircea_popescu: all he can do is proxy
mircea_popescu: this is why you can always trust a mpex "phisher"
mircea_popescu: conduit is completely irrelevant
mircea_popescu: everyone would only get his own, causwe that's the only one he can decrypt
mircea_popescu: so now. if i want to talk to all the users on mpex, i could just post a long file, made out of bits, each encrypted with a user's signature.
mircea_popescu: what diff does it make ? you don't have the key for it.
mircea_popescu: go ahead, download it.
mircea_popescu: take for instance mpex db dump : http://mpex.co/db_dump.php
mircea_popescu: mjr_ : if i wanted it to take multiple hops, i would be vulnerable to MitM and phishing right? << wrong
mircea_popescu: o hey, im being discussed :D
mircea_popescu: l;alala
mircea_popescu: malaimo i have my doubts about that.
mircea_popescu: not that easy tgo
mircea_popescu: a
mircea_popescu: mjr_ that's the ide
mircea_popescu: not doing it pretty much means bucket shop/fraud
mircea_popescu: and as to the brokers, you have to ask them, but most everyone does it.
mircea_popescu: mjr_ if you mean accounted for as in, passed ti shareholders, yes. there's a special line in the monthly reports.
mircea_popescu: but reddit keeps it at 5
mircea_popescu: i like how that thing is getting upvoted into a frenzy
mircea_popescu: 9 up votes 4 down votes
mircea_popescu: 5 points (69% like it)
mircea_popescu: it's like a zombie
mircea_popescu: it dies, it comes back
mircea_popescu: yeah,
mircea_popescu: many darkpools do charge a seat fee.
mircea_popescu: mjr_ a, no fixed fee to be included ?
mircea_popescu: but yeah, i lay no claim to genius on the "not instacancellable" part. ffs it's beyond obvious.
mircea_popescu: how much do they charge ?
mircea_popescu: something lik that, yes
mircea_popescu: sounds like stuff to write novels with
mircea_popescu: heh.
mircea_popescu: mostly for the quote
mircea_popescu: http://trilema.com/2012/mpex-and-the-hft-problem/
mircea_popescu: actually, let me dig out this instructive example
mircea_popescu: ya well give me an example of a hft getting crossed by retail lol.
mircea_popescu: that's bs.
mircea_popescu: as in... this order "wasn't really there sorry".
mircea_popescu: mjr_ the problem with hfts isn't that they're fast. it's that they retroactively change time.
mircea_popescu: esp if you're a 1950s housewife
mircea_popescu: i mean... oral sex seems the HARD THING,
mircea_popescu: no argument that this is kinda hard, but not so sure it's for a good reason
mircea_popescu: <jurov> but that's tailored to HFT. and MP is quite anti-HFT. << im not anti hft. im anti stupidity, which is mostly phantom orders.
mircea_popescu: see the next article on the blog about something along those lines.
mircea_popescu: i would expect that encryption stays with the person.
mircea_popescu: but in general, you can't secure a cable.
mircea_popescu: (which are epensive tho)
mircea_popescu: now, fiber is slightly bettert as a secure conduit, esp if you have quantum verifiers
mircea_popescu: no wonder it doesn't work.
mircea_popescu: https is securing the conduit, ignoring the message. so is dedicated circuit. so is everything done currently pretty much
mircea_popescu: indeed.
mircea_popescu: and i say it's the Right Thing.
mircea_popescu: everyone is currently doing the former. i am doing the later
mircea_popescu: either secure the conduit, message agnostic, or secure the message, conduit agnostic.
mircea_popescu: in principle, there's two ways to handle things :
mircea_popescu: mjr_ a dedicated circuit is vulnerable to splicing
mircea_popescu: the how wasn't actually explained.
mircea_popescu: so upvote
mircea_popescu: a ty
mircea_popescu: not sure why he sits put in ltcs.
mircea_popescu: deprived is really very competent/active
mircea_popescu: and he's run out of shares driving the price up