log☇︎
436600+ entries in 0.117s
mircea_popescu: what, only 100k bet or something ?
mircea_popescu: semi-whale lol
mircea_popescu: so... nobody with a btctc account ?
mircea_popescu: Bugpowder seems kinda crowded :D
mircea_popescu: VerizOrion
mircea_popescu: well the aliens part at least.
mircea_popescu: it's somewhere between "dressing up mathlab for idiots" and "conversations with aliens and spirits of the departed"
mircea_popescu: Diablo-D3 i dunno either way. i still don't really comprehend what they did.
mircea_popescu: when you have 15bn you don't have that money.
mircea_popescu: Bugpowder no, srsly ? using algorithms to optimize internal shit ?
mircea_popescu: Bugpowder to this day i didn't understand what microstrategy was making.
mircea_popescu: mwahaha'
mircea_popescu: that's ok, you don't need to pick em, you make em :D
mircea_popescu: possibly because i'm an asshole.
mircea_popescu: for some reason it's easier for me to pick companies that will fail than ones that will succeed.
mircea_popescu: during the bust.
mircea_popescu: nah, late 90s
mircea_popescu: i kinda liked it in the 90s.
mircea_popescu: it has been kinda scammy since about 2nd bush term.
mircea_popescu: well, it's a good point nonetheless.
mircea_popescu: a
mircea_popescu: better discover keyloggers early than late.
mircea_popescu: incidentally, read the code
mircea_popescu: better than webcams, imo.
mircea_popescu: cool huh.
mircea_popescu: Bugpowder o ?
mircea_popescu: Diablo-D3 you know, books.
mircea_popescu: jesus you've been studying ?
mircea_popescu: yeah.
mircea_popescu: if i did, i'd have an excuse. unlike them.
mircea_popescu: i don't pick girls by the criterion "largest tit most exposed"
mircea_popescu: ya well it's stupid.
mircea_popescu: by now all they're doing is comparing which "team" has the weirdest approach to stand-up
mircea_popescu: in their constant quest for "insight" about companies they kept going into sidechannels
mircea_popescu: the showmanship is the problem.
mircea_popescu: i don't think he's the big bad either.
mircea_popescu: tho it's a moot point, it just documents their most recent blunder
mircea_popescu: anti.
mircea_popescu: look at that.
mircea_popescu: http://trilema.com/2012/lets-have-fun-with-paul-graham/#comment-91400
mircea_popescu: to our advantage the silicon valley world is slowly moving towards a pure circus act.
mircea_popescu: the thing is we need to move away from cablepair and lambert type of failures to more economically tolerable types of failure
mircea_popescu: there's no problem with failure per se.
mircea_popescu: i think "the milk was spilleD" is more apt a comparison but anyway :p
mircea_popescu: as either cost of asic or losses from asic become monetized btc will have to go up
mircea_popescu: at any rate, from a purely macro perspective,
mircea_popescu: AND IT DIDNT WORK
mircea_popescu: then they re-ran it
mircea_popescu: before they got a set that was resonance free
mircea_popescu: meanwhile i've been asking questions, i know of a case where they did 54 prototypes
mircea_popescu: prototype cost is huge
mircea_popescu: right. the problem with the "spam a core on chip" approach is that design cost is minimal
mircea_popescu: depends what luck you have with resonance.
mircea_popescu: still, it has its problems.
mircea_popescu: that's the way to go, at their level.
mircea_popescu: yeah.
mircea_popescu: error4733 maybe half a dozen on the core and a few hundred on peripherals ?
mircea_popescu: i don't think anyone actually has the resources to do asics. people like to dream, and then they sometimes get confused.
mircea_popescu: i don't think it was started as a scam. just, no skills.
mircea_popescu: i'm not surprised
mircea_popescu: conspicuously absent from that list, bfl Diablo-D3 :p
mircea_popescu: (which is what they should have done in the first place)
mircea_popescu: they will cover buying bitcoin
mircea_popescu: error4733 once people will come to terms with the failure of "asic projects"
mircea_popescu: i think it fairly likely.
mircea_popescu: prolly pretty safe bet.
mircea_popescu: i think 2013 will prolly do that.
mircea_popescu: Diablo-D3 im not so sure it matters by now.
mircea_popescu: 50 cents off the vwap, that's pretty strong action.
mircea_popescu: ;;ticker
mircea_popescu: lol deadpan
mircea_popescu: whom ?
mircea_popescu: error4733 someone was publishing his portofolio graph earlier and it looked quite exponential
mircea_popescu: :p
mircea_popescu: lol she in demand when you want her and idle otherwise ?
mircea_popescu: i guess it's like producers and consumers in a strange market
mircea_popescu: sorta like childrend and toys. when nobody is playing nobody else wants to play. as toys become unavailable the desire to play increases
mircea_popescu: but once supply dwindles demand explodes.
mircea_popescu: i mean the wider the supply, the lower the demand
mircea_popescu: in retrospect maybe not surprising, given the nature of the btc game.
mircea_popescu: seems in bitcoin demand is a sharply increasing inverse of supply.
mircea_popescu: error4733 supply and demand i imagine.
mircea_popescu: ahahaha
mircea_popescu: yee
mircea_popescu: still not 15
mircea_popescu: http://bitbet.us/bet/140/bitcoin-will-hit-15-before-february-1st/ ?
mircea_popescu: ;;asks 15
mircea_popescu: definitely 15 tonight.
mircea_popescu: ;;ticker
mircea_popescu: thestringpuller there have been like... i think a dozen since the ipo
mircea_popescu: i guess, if anyone is ready to close aud-usd circuit
mircea_popescu: what's bitcoinrt ?
mircea_popescu: look at me ma, i'm on an obscure start-up site! it won't go anywhere!
mircea_popescu: i'm sorry, but on the balance of this assesment balancedpayments is worth ~0, inflation adjusted.
mircea_popescu: there's absolutel;y nothing there.
mircea_popescu: im reading it nao
mircea_popescu: a well.
mircea_popescu: so basically... "we don't know, and don't wanna talk about it"
mircea_popescu: i wasn't even ;/
mircea_popescu: certainly.