log☇︎
64700+ entries in 0.868s
benkay: if exponential decay counts as endgame.
benkay: hey hanbot is 'hanbot' an acceptable way to refer to you now that you're not stalking the forums as 'MPOE-PR'?
asciilifeform: mircea_popescu: did you ever encounter the tale of 'подвиг радиста' as schoolboy? ☟︎
mircea_popescu: "My impression is that the feel-good guys are incompetent and stupid and need others to be nice to them because if other people were fair and just to them, they would suffer tremendously, and therefore defend other incompetent and stupid people because they can identify with the sloppy bastards, but not with those who actually do their job well and have that as their primary motive and their reason both for asking ques
mike_c: he is, as he was very helpful when i was writing up the original post on JD. but easier access to stats would be nice.
mircea_popescu: Meanwhile, “pretty young things swarmed Warren as soon he walked through the doors, asking to have photos taken with him,” said one observer. “He graciously did it. A few people asked him to open his wallet in the picture. Oddly enough, he did this too.” According to the onlooker, Buffett had “just a few dollars in his wallet.” The source added, “He’s more popular than the Dalai Lama!”
asciilifeform: 'buffet drinks the same coke as the beggar drinks' - literally true
kakobrekla: i parsed it as "25 kg PDF" for some reason
mircea_popescu: yeah. the master model of the preoblem is "cornering X market", such as the 5 i think to date attempts on silver/gold
kakobrekla: well i did have some robots on btcusd back in the day but prolly nothing as sophisticated as you
moiety: fluffypony: oh and i dont mind what the site is like, as long as it isn't godaddy tbf
mircea_popescu: fluffypony not sa as in south africa, sa as in something awful
mircea_popescu: come back nubsy we need ourselves drawn as flying dragon princesses
mircea_popescu: HeySteve: this place is becoming a real Dragon's Den, I'm thinking of writing something to that effect << by all means. maybe get nubbins to draw us all as pony dragons.
mircea_popescu: (as a bonus hint, before retiring a good decade ago, i was doing something like 240/160)
mircea_popescu: also in s.mpif news : juraj whom you know as jurov has accepted to take over pc #5.
bitcoinpete: benkay: same as the one posted the last few times in here: http://www.fooledbyrandomness.com/notebook.htm
mircea_popescu: mike ain't getting one, he's rotund as it is.
ThickAsThieves: mp, to say as much would be to decide whether divorce is the answer
ThickAsThieves: as an interesting aside, my lawyer, a former US Attorney, has expressed interest in coming here tp pick your brain MP
ThickAsThieves: The verdict is in, unless i'm ready to move to Romania, and/or MPEx blocks US customers, and/or I register as a broker/dealer with SEC, I must decline the MPIF mgr position due to legal concerns. Even then, it'd take a combination of those to have any remote chance of safety. :(
mrstickball: its somewhat interesting. Not their business as much as they are using Counterparty
mrstickball: as always
ThickAsThieves: this is some bumfuck logic no? "However the FCA has not offered any constructive guidance or comment on the regulation of digital currencies. In fact, the FCA has gone as far as stating it does not regulate digital currencies and has no intention of doing so. The result is that bitcoin businesses in the UK are not obliged to register with or be authorised by the FCA."
mrwdunne: ThickAsThieves remarkably I have actually spoken with the FCA about this, as opposed to just reading their manuals.
Naphex: as in hacked bank accounts, or clients wanting reversals because they inputed by mistake too many 0's
ThickAsThieves: Perfect regulatory environment for an exchange as there are no AML/KYC requirements.?
mrwdunne: Free, instant bank transfers. Perfect regulatory environment for an exchange as there are no AML/KYC requirements.
ThickAsThieves: why use either as a quality?
mrwdunne: Naphex: yes, we are selling in stages, at each stage we will sell the shares for more. Whatever we have left we will use to provide liquidity. However I think we will see a flood of people from the UK when we launch. Especially as the bank transfers are instant
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is identified as user 'thestringpuller', with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
Naphex: as we see every day with blockchain
MichalisBTC: We are in Cyprus, low corporate tax attracts a lot of FX companies, who wish now to integrate bitcoin. Some list it already as CFDs, but they cannot clear bitcoin. We do the hard work for them, they are in control of the wallets. We are just the passthrough, offering a service.
fluffypony: less reputational risk as well, let the customer take ownership of their screw ups
punkman: MichalisBTC: why "as a service"? why not license the software that provices the convenient API for the blockchain?
MichalisBTC: for blockchain as a service we plan to use oauth, so yes
Naphex: MichalisBTC: bitcoin network, as in SPV BitcoinJ
MichalisBTC: We are not holding any funds for "Blockchain as a Service" and the only input in the system is the bitcoin netowork.
Naphex: ThickAsThieves: as in thin client, in bitcoinj
MichalisBTC: The space we are entering with "Blockchain as a Service" is kind of competing with blockchain.info, some features overlap. his advise on that was that indeed we need more of these type of SaaS to help the eco-system...
MichalisBTC: Really nice guy btw. We had a one hour skype video call and went over our designs. A few days ago we asked him if we appoint him as our advisor for the funding process and he was kind enough to accept.
MichalisBTC: Yes, we approached Mike because all our previous work was on bitcoinJ. BitcoinJ was designed to be a mobile client rather a backend server.However, the tools of the library are helpful and because we code in Java we decided to give it a shot. We broke it appart and used what was good for our purposes but as some point we wanted advise on how to proceed, so we thought to pass our plans
ThickAsThieves: maybe we can talk about this Hearn as your technical advisor thing
MichalisBTC: we are working on a new project, it's Blockchain as a Service. It's a friendly RESTful API that allows creating bitcoin apps...to put it in single sentence. with a lot of automations and event type notifications.
ThickAsThieves: my own goal is for you guys to put him through the wringer so as to temper (snuff?) his plans as appropriate
fluffypony: Naphex: that graph on the front page, it's not possible to zoom in right? wanted to see if you guys saw a dip from the China thing as well
fluffypony: did you reduce page size as well?
fluffypony: he has a point though - if the 200k coins they magically "found" form part of the assets sold off to pay creditors, customers will proportionally get less as they have to share with other creditors
davout: thestringpuller: reading fine print is a good thing, why not rate it as such? :D
fluffypony: CVO as in Chief Visionary Officer?
HeySteve: "This week, SingleHop engineers noticed an increase in the number of customers reporting compromised servers. As we investigated these reports, we were able to identify a common malicious software program installed on many of the compromised servers. The malware is specifically designed to siphon the server’s computing power into mining bitcoins. This has been a growing trend throughout
MrWDunne: Naphex: No that would be unwise, I will have a professional do that, and learn from him as we go along
Naphex: MrWDunne: are you going to do the tehnical monitoring as well?
MrWDunne: Anyhow, I do now need to go. So please send any questions to me on BitcoinTalk and I'll answer them as soon as
MrWDunne: Of course, as I said don't quote me on C++ I just know its not a PHP trade engine
MrWDunne: Anyhow, I have to leave in about 10 minutes to visit another bank (looking to get additional accounts for redundancy). If you have a few questions you want me to get a proper answer to just put them here and I'll get an answer as soon as possible
MrWDunne: I know as a matter of fact its not just PHP fluffy
MrWDunne: The third party is doing that as they go, but prior to launch we are paying for a full security audit of the code. Also the person who referred us knows them personally, and its an interesting project.
HeySteve: I suggest stating it not as "lax" but rather "minimal"
fluffypony: "We should be attractive to customers thanks to lax KYC/AML, as we will not require identification for those who wish to trade £500/€600 or less per week." <- so basically I can get around all KYC/AML issues by opening 100 accounts?
MrWDunne: Bitstamp isn't really in the UK. Its mainland Europe and as such very expensive for those in the UK
gribble: Nick 'fluffypony', with hostmask 'fluffypony!~fluffypon@geartri.be', is identified as user 'fluffypony', with GPG key id 7455C5E3C0CDCEB9, key fingerprint BDA6BD7042B721C467A9759D7455C5E3C0CDCEB9, and bitcoin address 1FAvFCgXBmJ4uV3p1NFzWkkyndH7FJ6Vzx
gribble: Nick 'Naphex', with hostmask 'Naphex!~naphex@btcxchange.ro', is identified as user 'Naphex', with GPG key id 64CDBADCE1E0BBAF, key fingerprint F3D76A985F5844814A93F46364CDBADCE1E0BBAF, and bitcoin address 12mVDqdWqFY6zrCqNqgHbxhDPB4ZVUuaTu
mircea_popescu: he's a sort of max keiser, as far as i'm concerned.
BingoBoingo: benkay: As best as I can tell with Amazon is that they have done nothing other than reinvest in their history. Like the Poker Player who doubled down 21 times in row and won.
BingoBoingo: benkay: Mosin was one option, some sks variant was another with the particular variant left in the air, so long as it wasn't chinese
BingoBoingo: Where as in artillery the goal is to hit the target first.
asciilifeform: BingoBoingo works as scholar of sport? a referee?
BingoBoingo: This exists as an exact why for bitches loving Yadier Molina.
BingoBoingo: Normally the answer is the catcher calling pitches, as a great catcher is a slightly better source of entropy than the batter
asciilifeform: as it is i'm tuned to wrong frequency, perhaps
mircea_popescu: anyway. i'm kinda up to here with the smoking addiction thing. i've been smoking since ~16. that's two decades ago. i still smoke, i average a pack a month. prolly less these days. it takes all the willpower of a tomato as far as i can tell, it's never bothered me.
BingoBoingo: mircea_popescu: In the accultured. As opposed to the occasional
asciilifeform: as you probably know.
BingoBoingo: asciilifeform: And I sat through literally 2/3rds of the PharmD curiculumn, half of it twice. But as a TA so I get no credit for having done such a thing.
asciilifeform: one of the things i used to do is model action of oximes (as an antidote to anticholinergics)
mircea_popescu: might as well call busses "avionic"
asciilifeform: as described by steve harris
BingoBoingo: mircea_popescu: And this is baseball so there are nearly as many balls spent in the game as outs.
asciilifeform: what disease should one contract as, say, chess player ?
ThickAsThieves: as in, they obv cant totally stop people from using it
BingoBoingo: Everything is legal so long as you wait until the contest is over to flaunt it
cazalla: BingoBoingo: interesting article - my son is 14 weeks ATM, is favouring his left hand when grabbing for things yet no left handers in my family although my father is schizophrenic as was my grandfather and my uncle
BingoBoingo: mircea_popescu: In the next 100 to 500 year someone might want to use Kansas as their own breadbasket.
mike_c: this preston jackass strikes me as a rebirth of dr foreskin. not worth even getting riled up over, and yet he manages to get under my skin with his herp derp.
mircea_popescu: that'd be the case if there existed no spot. as it is, he lost 50 bux or w/e the spot was
mircea_popescu: "This suggests focusing on robustness, as opposed to prediction, because the system works against rational expectations, especially those consensus ideas that come out of large bureaucracies. After all, what better sufficient statistic for a mimic to exploit than some well-known regulatory bullet point that supposedly ensures trivial risk? Recessions are not going away; they are endogenous because zero mimicry is not a
mircea_popescu: kukuruza, btw, is almost as lulzy as lenina
asciilifeform: 'when it comes to milk, we're even with america, at last; as for meat, they're still the leader - our bull broke his cock, alas.' ☟︎
kakobrekla: free as in not taken, not not costing any $
fluffypony: kakobrekla: "The remainder will be kept in reserves to pay for monthly costs, such as the data center." - they have an entire data center to pay for, yo
fluffypony: I'm not sure if them adding Bitcoin as a funding option will draw much interest from the BTC community tho
nextime: ok, anyway, i must go back to my daddy role now, asciilifeform i will send you infos tomorrow ( as italy time ) after lunch when i will be in my laboratory
nextime: asciilifeform : if you give me an email i will send you as soon as tomorrow ( is holyday tomorrow in italy, but i'm a stakanovist and i will be in laboratory ) i will send you a pdf with all specifications of our requirements
nextime: for through-hole parts we work by hands actually ( we are a small company as i say )
nextime: asciilifeform : for tooling? as i say, nothing. We usually choose to absorb this cost hoping to get fidelity, as is a little cost in real.
nextime: ok, great, my company basically do low batches production and prototypes, and then we do assembly for bigger batches ( and for bigger batches as usual we just build pcb with an external fab )
nextime: asciilifeform : ok, as you prefer
davout: mircea_popescu: how would it make any sense for aqoba to take us as client and somehow make up some lie about mastercard being anti-bitcoin?
asciilifeform: given what i know about the miner builders, i'm not certain i'd want to purchase so much as shoelaces from anyone associated