52900+ entries in 0.611s
mircea_popescu: point in case of this matter, once gavin is questioned
as to why exactly he wants to do x, and he immediately and seamlessly moves into "oh, so what's the right value, so you want to do X' ??" it is clear that he is not in fact interested in what he claims to discuss
mircea_popescu: davout there's a large chunk of facetious asshats who hate bitcoin just
as much
as the next guy whose unearned position it threatens. but they figure they get further with a spoonfull of honey than a barrel of vinegar, and so will make this sort of claim.
thestringpuller:
as all their liabilities are covered
as fiat, so I assume assets are handled sameway
thestringpuller: BingoBoingo: yea but from what I can gather (i am no expert), would be written
as an expense
mircea_popescu: not a matter of chumpness tho. suppose dude rings your doorbell dressed
as a car mechanic. "yes ?" "hello i'm the pizza delivery". "you don't seem to have any pizza ?" "ha-ha! fooled you! i'm only SAYING im pizza delivery"
thestringpuller: i don't think they are allowed to hold btc
as assets, i dunno.
davout: justusranvier: in your article you shouldn't be reasoning on the cost of including a transaction in a block
as (cost of one block / number of transactions) but you should reason on the marginal cost of adding a transaction to an already existing block that i'm currently mining
thestringpuller: davout: i'm using it for web apps at work. not really a web stack developer, but it's not
as bad
as php but still doesn't taste good.
ben_vulpes: <gavinandresen> asciilifeform: I don’t want to rescue anybody, I want
as many people
as possible to Get the Bitcoin Religion! Can I have an AMEN? << good fucking god
gavinandresen: asciilifeform: I don’t want to rescue anybody, I want
as many people
as possible to Get the Bitcoin Religion! Can I have an AMEN?
Pierre_Rochard: gavinandresen: the only way I see is to regularly test at what tx fee the substitution begins happening, and increase it at the margin (say 20%) whenever the top percentile of fees starts hitting it. Yes, that would involve perhaps semi-annual block size limit increases and an element of judgement. I still see it
as a better solution than a much-too-high limit or a contrived algorithm
lobbes:
as others have stated; bitcoin is not meant for the 'masses'
Pierre_Rochard: gavinandresen: I am not. I just see a “too low” long term hash rate
as the greatest risk of ruin Bitcoin faces, and it ought to be minimized before all other considerations
ben_vulpes: the moronic quest to make the thing occupy
as little space on disk
as possible precluded you people from selecting a queryable db
ben_vulpes: "oh look we're also talking about improving things over there so you may
as well roll over on the megablocks issue"
mircea_popescu: well, tell him he has a chance to be heard, and learn exactly why he is wrong and generally grow
as a person.
mircea_popescu: you are ill qualified to
as much
as change a fucking version in the bvlocks, let alone the database.
nubbins`: interestingly, they choose to waste their fuel on locomotion rather than
as a heat source
mircea_popescu: it CERTAINLY has no value
as a bitcoin development paradigm, because well... BITCOIN IS NOT FOR SALE.
mircea_popescu: maybe this has merits
as a website develoipment paradigm
danielpbarron: ok so make it, pay 1000 bitcoin today, get 750 gavincoin later; that way theirs is framed
as the more valuable one
BingoBoingo: There's already "startups" foaming at the mouth to use the block chain
as file storage.
Vexual: but
as non retarded uses go, playing ar doom in the office sounds pretty good
mircea_popescu: "The current solution
as proposed by Bitcoin Core is, when you get right down to it, “let’s just be really careful with code changes and hope for the best”. There is no real disaster recovery or prevention plan. Yes, there is ongoing work to split the consensus critical bits out into a library and I think this is a good idea and am glad to see it happening. However, it still does nothing to address the real fun
ben_vulpes: <Luke-Jr> [] not sure why this patch is reducing set_lg_max.. << lol i love the stream of consciousness
as Luke-Jr reads through source
assbot: Logged on 08-01-2015 22:31:37; mircea_popescu: "Gavincoin orphan chain to reach 50 blocks before being abandoned" is kinda not the same
as "Blockchain will increase"
decimation: the Legislative Assembly was more than happy to recognize Georges Danton
as their leader after he marched in front of the 20,000 strong mob
mircea_popescu: decimation the craftyness of it, tho. who is presented
as the golden standard ? microsoft. because why ?
mircea_popescu: The 1 MB block size limit needs to removed
as soon
as possible, and replaced with something that scales automatically, rather than through risky hard forks that require political consensus. It's 2015, Microsoft, one of the largest companies in the world, accepts Bitcoin, and the Bitcoin network can only handle 3 transactions per second, unless there is a hard fork. Getting rid of the 1 MB block size limit is long overd
mircea_popescu: reddit : "You're only looking at the technical side of it. Leaving the 1 MB block size issue for later is risky due to political/social reasons. Every hard fork brings with it uncertainty and risks because it requires wide consensus to be carried out smoothly.
As long
as these risks hang over the Bitcoin economy, many companies will be hesitant to make long-term commitments to the Bitcoin economy. Afterall, a hard fork
assbot: Logged on 10-09-2014 11:54:21; mircea_popescu: other than proper cryptography for all foss,
as discussed coupla days re gentoo overlays etc, i would fucking love for all lines of code to come with a counter.
decimation: it seems to me that the enemies of bitcoin would love to think that they could 'update' the protocol
as they desire
mircea_popescu: his rethoric was different a coupla months ago, and
as far
as anyone can tell hasn't actually caught up with your representation thereof.
mircea_popescu: this is too lengthy a discussion. bitcoin is perceived
as a threat by pretty much every central bank, you know that much.
mircea_popescu: people here don't "have concerns". people here are going to skin the fork
as proposed so far, no argument there. gavin can start reading or press ahead, either way.
Luke-Jr: mircea_popescu: I'm definitely in favour of taking a conservative approach, and I'm pretty sure most of the Bitcoin Core team is
as well. I think Gavin was probably frustrated earlier when it came up in #bitcoin-dev because nobody could give him a straightforward "way to convince everyone"
mircea_popescu: Luke-Jr anyway, inasmuch
as everyone actually wants bitcoin to prevail, divergence of opinion isn't much of a problem. however, the conservative rather than the progressive approach must be observed. change doesn't happen just for the sake of changing things. this isn't a fad or an ipad gizmo. if consensus can't be reached for whatever reason, whoever doesn't like it leaves and starts over, rather than pretending the o
mircea_popescu: Blazedout419 hey, my question to you is, did you actually pay 14k for that guy's wooden thing,
as represented ? or was it more like a sweetheart sort of deal for advertising sake, like the sillycon valley does ?
Luke-Jr: (persuade you,
as opposed to you persuading him to stop)
decimation: I'm not sure folks here are interested in 'maintaining'
as much
as understanding and recreating
Luke-Jr: "tracking down"
as if it's disappeared
Luke-Jr: mircea_popescu: did you read the discussion earlier in #bitcoin-dev ? nobody is going to just go along with this
as it is right now.
mircea_popescu: yeah, you did. you were promised one thing, got another thing, they told you "it's just
as good, pretend like you got the original". and you did. becauser you believed them, that delivery's imminent and errything.
Luke-Jr: mircea_popescu: no, what you describe is an attack disguised
as a hardfork
mircea_popescu:
as far
as hardforking goes." << the downside of a hardfork is that every user that buys into the gavin scam will be left without a bitcoin node.
mircea_popescu: "Downsides of a hardfork are simply that all nodes who do not go along with the upgrade are left without a functioning Bitcoin node, and susceptible to fraud (double spending, etc). This means a mandatory update of every node in the wild, which could require hardware upgrades
as well. Miners are not in any special position to decide a hardfork, and are at the mercy of the bitcoin users (mainly merchants and exchanges)
mircea_popescu: notwithstanding that he'd have a complex story
as to how earthworms cause trees to flower
mircea_popescu: asciilifeform i mean it deeper than that. i mean, actual quacks passing for professionals. see, since the internet there's a line being drawn : sure both gavin and wood dude pass to a certain crowd
as idiots for the genuine article. but there exists a thinking crowd that sees through it.
mircea_popescu: very common problem people have on the internet, the "everyone is
as stupid
as me / everyone's a goat the same gender and age
as me" issue.
☟︎☟︎ mircea_popescu: this one is just
as plausible. all you need is to be stupid.
nubbins`: "You can clearly see the line by line marks left on this piece that are definitely, without a doubt, with 100% certainty left by a laser engraver exactly the same
as a printer does:"
mircea_popescu: hopefully they get replaced, and the replacements get raped and impaled
as well.
mircea_popescu: whereas individual terrorism is regarded
as ordinary and perhaps welcome.
mircea_popescu: i would expect a degree of magnitude more pressure
as a result of this rather than that.
ben_vulpes: you might consider using the patch names
as a handle
joecool: thestringpuller: so does this bot support ratings
as well?
mircea_popescu: "it's not like we're counting fewer people
as a basis or anything"
mircea_popescu: asciilifeform notice the very convenient "uilding Bigger Roads Actually Makes Traffic Worse" just on the tail end of two decades of "we can't actually afford to build anything anymore" and
as "we can't really even maintain what we got" sets in.
mircea_popescu:
as this carries on eventuyally fees will exceed block rewards sometime that decade.
mircea_popescu:
as btc matures, velocity will approach more reasonable values.
mircea_popescu: currently tx fees are in the range of 0.000000001% to 0.001%. they will increase, yes. degrees of magnitude, yes. past 1%
as an average is unlikely, because alternatives will become lucrative enough. such
as you know, people would stop "tipping" etc.
jurov: let's say blocksize is allowed to go up by 10% if > 10% of volume are tx fees in past 2016 blocks (same
as difficulty)
mircea_popescu: "fifty eight men join plumbing school
as the notion they will ever be hired to do anything with computers is laughable"
jurov: like difficulty.. i meant is only
as illustration
as opposed to diddling magic numbers
nubbins`: you can tell it's legit because it's almost the same username
as the guy who originally commissioned the piece, then vanished without a trace
mircea_popescu: "You are claiming to be an artisin silkscreener? never new there was such a thing. In that case, i am also an ARTISAN dishwasher, well when my wife is mad anyways. Oh and an Artisan snow shoveler
as i have decades of experience with that too. I mean,
as long
as we are making up names for professions." << you're screwed nubbins`. you know how many times ima link to this ? do you ? DO YOU ? :D
mircea_popescu: incidentally, since doormouse exists, maybe it's time to have doorartist too ? someone using half pound chisels
as proof of artisanry?
mircea_popescu: no, that it doesn't. my suspicion is,
as far
as i'm personally concerned, grounded mostly in the fact that you had no idea that, for instance, mpoe covered ~30k btc worth of derivative losses without "sociualising". this in 2013.
danielpbarron: "Blazedout commissioned a $14,000 art piece. I shipped it first and he followed through with payment
as promised." << LOL, Blazedout419 was the sucker?
STRML: The only reason he is
as of yet unnamed is because he is still employed
Adlai: good thing bitfinex doesn't trade stocks and there's no such thing
as insider forex trading
BingoBoingo: Oh few things are
as corrupt
as College Football. It is gloriously corrupt.