562100+ entries in 0.412s
mircea_popescu: punkman: if Satoshi appears and says hey guys I lost
the key
to 250k coins, how much would
the price go up? << wouldn't have any appreciable short
term effect.
mircea_popescu: no, if i go
there's going
to be a bunch of ninja vamps suddenly very rich.
mircea_popescu: i didn't
think of sons
tbh. i guess
that's what inheritance means.
cazalla: maybe i got a little bit
too much oxygen while walking, i unno
cazalla: mircea_popescu, but would
the son
that inherits
them be just as capable as
the father who accumulated
them?
mircea_popescu: not like it's 2011 and we're just figuring
this novel bitcoin
thing out
mircea_popescu: right, louder. i guess not being a
total redneck retard helps internet scamming.
mircea_popescu: BingoBoingo lol gaw
thing has its own forum ? what is
this, like ognasty redone ?
mircea_popescu: ther most incredible
thing about
that fun guy's link is
that volume is 0 "?
Apocalyptic: kakobrekla, kinda painful if viewed
that way
adlai: depends how much you bought in. if you had
the same amount of fiat-equivalent
through each slide, 32→2 is much more painful
adlai: it's about
time for one of
those "velocity per utxo" plots
to get updated, my guess is
that it'll show
that "strong hands" give increasingly fewer shits with each dump, while
the churn at
the bottom only gets frothier
cazalla: it's gonna have
to go
to 0 or 5,000 for my cock
to get hard, 250 isn't even foreplay
adlai: it's
this funny
thing,
the more btc i have,
the less i care how much
they're worth
adlai: mp still on vacation, i see - replies
to a week's worth of logs,
then vanishes by
the
time i'm awake
assbot: /i0n1c I really did have
to decrypt my HD flying
through CDG in France. I really had nothing
to hide, but
that's not
the point, is it?
punkman: cazalla: if your hypothetical killer has economical motives, I don't
think it'd ever make sense not
to
try
to steal/ransom.
cazalla: well, goes back
to my question regarding killing over
theft, not something
that is happening now afaik, but in
the future?
punkman: you could do
this now, why future?
cazalla: punkman, what does
the hypothetical rich man need
to buy bitcoin for? if rich, surely he has
them already in
this future
[]bot: Bet placed: 28.76818825 BTC for No on "Bitcoin
to surpass Berkshire as an investment"
http://bitbet.us/bet/786/ Odds: 27(Y):73(N) by coin, 46(Y):54(N) by weight.
Total bet: 4092.35574335 BTC. Current weight: 12,396.
[]bot: Bet placed: 10.92516805 BTC for No on "Bitcoin
to surpass Berkshire as an investment"
http://bitbet.us/bet/786/ Odds: 27(Y):73(N) by coin, 46(Y):54(N) by weight.
Total bet: 4092.35574335 BTC. Current weight: 12,396.
punkman: cazalla, better yet, kidnap rich guy's kid, make him buy bitcoin
to pay ransom. price goes up for sure.
cazalla: i'm not so sure.. if you kidnap satoshi's kid, maybe he pays
the ransom but comes for you and yours once he has kid back.. can't know exactly how much he is holding or if he would part with all of
them for his son
jurov: better kidnap
the kid
than
this
cazalla: maybe you strangle
the kid for good measure, i don't know
punkman: maybe his kid finds
the key after 10 years in some old bookcase
jurov: same with assassination. you don't know if
they haven't shared
the keys
cazalla: but you can't know
that for sure? if you
turn around and strangle him, at least you know with good certainity his coins would never be moved and in a practical sense, are now lost
punkman: if Satoshi appears and says hey guys I lost
the key
to 250k coins, how much would
the price go up?
punkman: yeah but you don't get any
tangible/immediate benefit
cazalla: all
this being hypothetical but i would guess it is easier
to snipe someone in public
than gain entrace
to
their fortress
cazalla: but
that's not applicable in every scenario as far as i can
tell, an example being someone who is geographically removed from
their cold storage
punkman: cazalla, why not
torture
them and
take
their coins?
cazalla: whilst out walking, i got
to
thinking - as
the amount of bitcoin lost
to
theft decrease, at what point does it become a game of simply killing people who are known
to be large holders resulting in no-one knowing
the private key as
to reduce
the supply and increase
the value of ones own holding occur?
[]bot: Bet placed: 1 BTC for No on "Bitcoin
to surpass Berkshire as an investment"
http://bitbet.us/bet/786/ Odds: 28(Y):72(N) by coin, 46(Y):54(N) by weight.
Total bet: 4052.66238705 BTC. Current weight: 12,403.
fluffypony: maybe "gowxed" so it combines
the best of both scams
BingoBoingo: The whole voting/gamification
thing really encourages maximum participation from people probably should be participating closer
to
their potential minimum which is problematic.
Fun: oki
time
to do more stuff
BingoBoingo: It really is. Reddit sucks, but for different reasons
that
they
think.
Fun: its useless
to
talk
to such people
BingoBoingo: lulzy shit from
their forum "I was just making
the point
that engagement with
the wider crypto community was of little value
to GAW, and here Reddit goes and makes a prime example for me."
BingoBoingo: cazalla: Well, at least he consistently builds
the expectation
that he's eventually going
to delete fucking everything so people know
to archive his bullshit
Fun: oki
time
to do some shopping
Fun: np I am reading some help info on
that site :D
BingoBoingo: These are very interesting questions. You may need
to wait for someone
to wake up.
Fun: so 0.001465 is unlikely
to be price per lot
Fun: I have found cme home page for
them yet
to understand pricing :)
Fun: mainly
to get some info about cme fx options :D or find a channel for it
Fun: who here
traded fx options?
mircea_popescu: outside of
this,
there's really nothing wrong with reusing other people's *working* material.
mircea_popescu: that it still constitutes a majority of
the cultural festooning of
the colonies
to
this day... well... nobody forces
the mt obe stupid.
mircea_popescu: asciilifeform:
the confucian kingdoms breathe plagiarism like air. <<< "plagiarism", much like "sins of
the flesh", is a construction intended
to work as a
tool for a very peculiar purpose.
mircea_popescu: ahh
this was a great walk in
the past,
thanks for asking fluff.
mircea_popescu: the part where
this
thing ended up
traded with usagi and who knows what else in bitcointalks most outrageous example of retardation, doing all sorts of insane valuations
that essentially resulting in his few investors being fleeced about 95% in
the first year also omitted.
mircea_popescu: the part where he wanted everyone
to give him bitcoin so he gets 1mn of
them
together
to build some sort of weirdo powerplant-dc combo and
then got insanely butthurt when people kinda laughed omitted.
mircea_popescu: "22. Patrick McFarland (@Diablo-D3) McFarland is
the creator of DiabloMiner, a Java GPU bitcoin miner
that uses
the OpenCL framework
to quickly perform
the hashing computations.
mircea_popescu: maybe if enough bazingas keep acting like it never happened
then it really never happened.
mircea_popescu: and yes, he still hangs around -dev and so forth, just like gmaxwell and
the rest of
the walking dead. because who knows, maybe someone forgets or something.
mircea_popescu: "Strateman is a bitcoin developer, best known for co-founding Intersango and
the Python bitcoin implementation." no, actually strateman is best know for being one of
the scammers involved in
the bitcoinica fraud, and before
that for being
theidiot
that emailed
the entire list
the emails of
the entire list,
mircea_popescu: these guys are 100
to 1000x as productive as a "normal american", so
the stuff
they write is not necessarily comprehensible
to ordinary mortals.
assbot: Meet
the 22 Most Important People Behind Bitcoin - Google Inc. (NASDAQ:GOOG), Red Hat, Inc. (NYSE:RHT) | Benzinga ... (
http://bit.ly/1wNQFb2 )
mircea_popescu: fluffypony
the story is linked directly under
the line you referenced.
ascii_modem: in not entirely unrelated news, i found
that a vacuum cleaner i recently bought runs - i shit
thee not - 'qnx'.
mircea_popescu: this is pretty much
the only good argument for why it's better
to be an intellectual
than a labourer.
this unique priviledge.
ascii_modem: ben_vulpes: heavy not merely in
the machine footprint sense, but conceptually. i like wm with ridiculously predictable behaviours and minimal state, like kalash
mircea_popescu: it's like living in a magical world where all poisonous mushrooms are required by unyielding laws of
thermodynamics
to be bright orange and glow in
the dark.
mircea_popescu: i am ever so grateful
that stupidity always and everywhere advertises itself specifically.
mircea_popescu: ascii_modem
that one
thing making all
the dumbass "we're a ceo" "companies" look alike.
mircea_popescu: every "security" website's on bootstrap. why ? for
the same reason
they masturbate. "it's
there"
mircea_popescu: kakobrekla: makes me
think lizard are affiliated with cf. <<< you might also underestimate
the retarded generation.
BingoBoingo: <ascii_modem> cut-throats from a mythical (but loosely - nk) land are sent
to usa.
they look young and always masquerade as schoolchildren in
the later grades. << I've never really
trusted Children
mircea_popescu: "The NSA's strength as
they disclose here is not math or science advances
that allow
them
to seemingly magically break strong encryption, but
the size and scale of
their operations along with
their ability
to recruit collaborators like Microsoft and subvert standards committees."
ascii_modem: cut-throats from a mythical (but loosely - nk) land are sent
to usa.
they look young and always masquerade as schoolchildren in
the later grades.
ascii_modem: half your population must reside abroad under fake identities << see chuck palahniuk's hilarious 'pygmy', a
tale about precisely
this