438700+ entries in 0.134s
mircea_popescu: it's starting to possibly dawn on people (one year later) that making 5 btc per signup is not at all a bad deal
mircea_popescu: new user names referrer by keyid, the both get 5 btc. tis in the faq.
mircea_popescu: its reported in the mpex statement as revenue from new accounts.
mircea_popescu: Dr-X prolly public access to the trade chan is a thing of limited timespan
mircea_popescu: im not paying someone with no track record 3%, 2% or any %.
mircea_popescu: i should start a fund doing 3% off the top and 10% profit.
mircea_popescu: maybe after the collapse of the us i visit that corner of the world again
mircea_popescu: sure it can. research that's not justified economically happens all the time
mircea_popescu: sorta like someone selling haagen dasz icecream made in nj as "classy" yurpean stuff.
mircea_popescu: the bs going on currently is cannibalizing some of btc's perception for private gain
mircea_popescu: well yes it was. glbse practically consisted of pirate passthroughs and mining farms.
mircea_popescu: completely blindsides market, it's hysterical to watch reactions etc.
mircea_popescu: out of nowhere comes this dood, and suddenly his corp is larger than all the asic producers together
mircea_popescu: he's amusing to me because looky here : the consensus was that mining corps are the big deal.
mircea_popescu: "not including" the filling in the donut is pracrtically speaking not including yourself among the donut makers.
mircea_popescu: i know you like bitcoin in principle. but in practical terms, it's useless other than because its that thing where sdice happens.
mircea_popescu: you'll at some point have to come to terms with the cold reality that about half of bitcoin's utility atm is s.dice
mircea_popescu: the incentive really is against including miners who don't ihnclude transactions into bitcoin.
mircea_popescu: contrary to what the people who think they know better think, their fall into oblivion will be immediate.
mircea_popescu: i guess at some point the split between the people who matter and the people who think they know better is inevitable
mircea_popescu: but you're welcome to establish it through experience if simple theory doesn't cut it for ya.
mircea_popescu: nobody's to evaluate the value of keeping a tx in the blockchain
mircea_popescu: this is just posturing on the strength of the block reward being still large-ish