554300+ entries in 0.396s
ben_vulpes: <decimation> [] outgoing attorney general Holder wants
to 'make a legacy' << just look for
the "apparent pedophilia rate" as evidenced by "he had kiddie pr0nz"
to go up.
mircea_popescu: to acquire a portion of
the productively outlayed capital i nthe country.
decimation: because
that's where
the
trade bots put
their earnings
decimation: asciilifeform: sure, but you are generally
talking about pennies per share
mircea_popescu: retail is SUPPOSED
to be front run for crying out loud.
mircea_popescu: asciilifeform
there are at least a dozen honest online brokerages.
mircea_popescu: decimation a horrible deal. imagine all
the noise you'd be pouring into
the market.
decimation: well, it would be a big deal if you day
trade all day
mircea_popescu: yes, much more
than say
the specialst pays (specialist doesn't pay).
this is inconsequential.
mircea_popescu: <asciilifeform>
the cheapo stock houses make a killing by charging xx usd /
trade << iirc it's about a dime/a quarter per lot, which lot is usually 1k shares, which can easily be 100k usd.
mircea_popescu: essentially
the principle being
that you may find excellent "best actresses/cocksuckers", but not really "2nd best actresses/cocksuckers" in proportion.
decimation: I suppose
the principle at work here is
that once one has $x, one finds no portion of x
to be 'spare'
mircea_popescu: buffett oft dwells on
the matter : it's easy for krill
to find a good meal, on account of being small. not so easy for whale.
mircea_popescu: there is no significant advantage
to size, and a serious problem
to it.
decimation: yeah I'm using it as a somewhat poor example. my main point is
that having $x mil
to 'invest' allows one
to bend over and pick up stuff
that bums have no access
to
mircea_popescu: decimation films are some of
the most risky investments out
there you know.
mircea_popescu: En l'an de mon
trentiesme age, que
toutes mes hontes j'euz beues, ne du
tout fol, ne du
tout saige non obstant maintes peines eues, lesquelles j'ay
toutes receues soubz la main
Thibault d'Aucigny ...
decimation: even in
that case, it's gonna
take awhile before walmart stock goes from $1k
to 1.5k
decimation: what are you gonna do? buy shares of wal-mart and hope
they go up 100x?
mircea_popescu: you know you can buy stocks online
these days on about 1k i
think ?
decimation: having fifty bux means your investment options are limited
to your own stomach
decimation: of course someone with a spare $bil
to invest in a sony movie (for example) will make $0.5 bil profit
decimation: but
the basic bitch here reminds me of something like 'heavier
things are heavier'
decimation: if living off gov't checks anyway, wouldn't a
trailer park somewhere stretch
the bezzlars?
mircea_popescu: the poor flock
to
the city since
the
times of rabelais for
the same reason : you can eat without working
there.
decimation: the other amusing point
that
the article fails
to bring up: if
the 'poor' must pay
to live in a dense shitty city, why not move
to
the country?
mircea_popescu: apparently wikipedia deleted a page discussing
the "forward" as a generic name for socialist publications after someone mocked obama for it.
assbot: Successfully updated
the rating for kakobrekla from 3
to 3 with note: wot steward
ben_vulpes: "newspaper" in
the
trad'l sense of "town rag" still exists in various municipalities. "grey lady", not so much.
mircea_popescu: asciilifeform washington post = newspaper in
the sense projects = neighbourhoods.
mircea_popescu: 64 bytes from 185.34.216.71: icmp_seq=2
ttl=49
time=248 ms
mircea_popescu: 64 bytes from 185.34.216.71: icmp_seq=1
ttl=49
time=252 ms
ben_vulpes: ;;later
tell manamex you're joining channels and
then applying your cloak. FYI.
ben_vulpes: what are
the semantics for working with asswot?
decimation: well, it certainly curtails one form of civil forfeiture at
the federal level, leaving a vacuum
that can be filled at
the state level, if
the states so desire
assbot: Holder limits seized-asset sharing process
that split billions with local, state police -
The Washington Post ... (
http://bit.ly/1ynDEMM )
decimation: outgoing attorney general Holder wants
to 'make a legacy'
decimation: apparently usg has decided
to greatly limit (not completely stop) civil forfeiture at
the federal level
mircea_popescu: "Brothel for Slaking Intellectual Lusts" anyone here actually played planescape :
torment ?
decimation: ah I see
that link only has a few pages of
the book
decimation: is
this
the paper in question? cryptome.org/2013/09/klepto-crypto.pdf
decimation: I just can't imagine a future in which I will need
to learn 'go' for work or pleasure
decimation: I find
the 'go' rant amusing. Would asciilifeform similarly object
to python? I believe it can run on mips
mircea_popescu: hory shit i had
to pay half a
tent of a bitcent in
tx fees. HODL EVERYTHANG!!! MUST INCREASE BLOXSIZE PLOX!
mircea_popescu: "what my grenadiers are capable of, only I know.
their equals might be found.
their superiors - no."
mircea_popescu: so
there's a small statue in buenos aires with a san martin quote i absolutely love.
xiando: I know, but I don't have
to like it. :)
xiando: I would prefer if
they don't endorse
that or anything and leave it alone.
mircea_popescu: danielpbarron:
there are plenty of people who are so focused on "mass adoption" as a priority
that
they will compromise any and all aspects of bitcoin
to further
that goal; what would get more mass adoption
than endorsement from USG? << it could become a new brand of
tide.
mircea_popescu: it really gets
them
the worst of both worlds, but hey, it's what committees get. no actual men
there
to
take charge.
mircea_popescu: asciilifeform: gavincoin's probably it. << no. in
typical fashion
they're
trying
to play it "anonymously". ie, not official.
thestringpuller: mircea_popescu: i couldn't find good example on
top of head. but was jist of it received?
mircea_popescu: thestringpuller:
this is how athero was able
to launch ziggap << not a very good example. he had amassed
trust over
time, and likely at a higher cost
than what he made out of it.
the controlling factor
there was "insane guy stopped
taking his pills one day."
mircea_popescu: "others will not readily understand how our implementation of 3 card monte is an implementation of 3 card monte, giving us an exploitable knowledge asymmetry - which makes
this exactly an altcoin, which is why it's sensible
to pretend we're like bitcoin"
mircea_popescu: "whenever misreporting an event is worth more
to your stake
than it costs
to buy back
the lost reputation, you misreport
the event. decentralized selective scamming ftw!"
mircea_popescu: danielpbarron: such a
thing is not possible;
there needs
to be an arbiter
to decide if a bet has resolved yes or no << easier
to "invent" stuff
than understand stuff. just like it's easier
to write new code
than understand coding.
mircea_popescu: asciilifeform: (and
that
there is another one, where it wasn't. but i
think we did
this one before) << like 5 or 7
times.