log☇︎
644600+ entries in 0.448s
mircea_popescu: part of the problem is that the guy run his affairs cca 2012 as if they were fantasy baseball. buncha names/identities with no substantial business existence or raison d'etre, making the thing difficult to remember or sanely structure historically.
TheNewDeal: he told me he is still making payments to people to this date... I think it was for bmf ?
mircea_popescu: well, his relevancy came at a very late point. he had been making noises for a long time, but nobdy paid attention for an equally long time.
mircea_popescu: consider the situaiton where a bunch of people actually believed the earth is flat at some point
mircea_popescu: i know it looks impossible in retrospect, but it was the fact at the time.
TheNewDeal: wasn't usagi giving insurance though at a VERY late point in the pirate ship?
kakobrekla: he had it listed there
TheNewDeal: why the hell would anyone insure against a default on pirate?
TheNewDeal: usagi told me it was paying out on a glbse default
TheNewDeal: what was the contract insurange against? default by _____ ?
gribble: You rated user usagi on Tue Apr 15 13:37:58 2014, with a rating of 1, and supplied these additional notes: Had a 1140 btc contract with usagi which entitled me to said amount on 2012-08-26. The final payment was done 2013-04-27, totaling 995 btc. The sum was 145 btc short but I agreed to let it slide because of distress on the market of the underlying 'securities' and rapid btc market (1 more message)
TheNewDeal: it was less than what you had bargained for, like 900 off of 1100?
TheNewDeal: kakobrekla are you in the house?
TheNewDeal: perhaps I'm reading this wrong
TheNewDeal: "In the event of a full pirate default, NYAN.C will loose out, and CPA holds NYAN which holds NYAN.C. Then we have contracts on the outside as well. All in all CPA will remain very solvent, it may lose 20% of it's value in a full default. But we stands just as ready to gain 20% if pirate doesn't default." - it will remain very solvent
TheNewDeal: But on Aug 23rd says to CPA investors:
TheNewDeal: did he insurance against multiple parties with the same CPA?
mircea_popescu: hm. maybe pirate was earlier, there were a bunch
gribble: You rated user usagi on Tue Jul 3 07:45:25 2012, with a rating of 2, and supplied these additional notes: good business, thanks =).
Anduck: sup TheNewDeal?
mircea_popescu: 80 to 1 huh.
assbot: BitBet - BTC to rally to $4000 before July 2015 :: 0.1 B (1%) on Yes, 8.08 B (99%) on No | closing in 9 months 2 weeks | weight: 99`856 (100`000 to 2`000)
mircea_popescu: this because you know, merchant adoption is so important for a coin and all that.
mircea_popescu: i don't think there's been a block with a transaction in it since may.
mircea_popescu: well, it'd also need to have a transaction.
TheNewDeal: so a 51% attack right now would be how many TH?
mircea_popescu: TheNewDeal well it's got 1.7th perm from now on, plus whatever other people throw at it, so im guessing a 5 to 10 th rate going forward is probably its level
atcbot: [CoinMiner Hashrate]: 2.71 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s
BingoBoingo: mircea_popescu> i dun think atc ever dropped two digits sort of shit. << You forget before the civilized times ATC would trade at ~500 and 100 satoshis in the same hour
atcbot: [CoinMiner Hashrate]: 2.65 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s
[]bot: Bet placed: 2 BTC for Yes on "Nasdaq to close at over $4500 in 2014" http://bitbet.us/bet/966/ Odds: 90(Y):10(N) by coin, 86(Y):14(N) by weight. Total bet: 2.64962778 BTC. Current weight: 62,518.
TheNewDeal: I'm just talking about the mining
mircea_popescu: i dun think atc ever dropped two digits sort of shit.
fluffypony: LTC dropped 20% today, Darkcoin is the major loser
TheNewDeal: isnt' atc stalling at the moment?
fluffypony: "as they transition" is transitory
fluffypony: I agree - "Blockr.io will continue to operate as usual for now as Sašo and Samo transition to their work at Coinbase."
mike_c: "Blockr.io will continue to operate as usual for now"... and then it will go away.
mike_c: fluffypony: blog post indicated the whole thing is going away.
fluffypony: I mean "will blockr.io stop support ATC, thus culling it from the list of coins for which it provides blockchain explorers"
mircea_popescu: fluffypony are you aiming to ask "will blockr.io be shut down integrally or will the atc part somehow magically survive" or do you aim to ask "will atc implement blockchain culling like the btc does"
assbot: Culling - Wikipedia, the free encyclopedia
assbot: culled - definition of culled by The Free Dictionary
mircea_popescu: the noun i get, the verb i dont.
fluffypony: mircea_popescu: the blockr one
fluffypony: also fuck Coinbase, again, they irritate mea
fluffypony: so do we know if the ATC block exporer is going to be culled or not?
mircea_popescu: (more likle, the implication is you're from the us, and thus mate once for a lyftyme)
mircea_popescu: TheNewDeal well maybe the implication is you only used it on their best friends.
pete_dushenski: using another man's condom is like using another man's mouth to prechew your food before its shoved down your feeding tube
TheNewDeal: do you think the females would enjoy a reused condom?
mircea_popescu: more so for the other man part than for the spider web part, god knows how that works.
mircea_popescu: but perhaps the implication is that it'd be icky to use another man's spider web condom
pete_dushenski: like she's not involved in the contraceptive process
pete_dushenski: so why exclude the female grandchild?
TheNewDeal: best comment on the article "I want a spider goat condom, that I can pass down to my male grand child."
pete_dushenski: TheNewDeal: they?
TheNewDeal: pete_dushenski was hoping they would mention Island of Dr. Moreua, just finished that one up
asciilifeform: pete_dushenski: the last (third) book's been out for ages, too.
pete_dushenski: i've got year of the flood on my reading list
asciilifeform: pete_dushenski: just the fun ones
asciilifeform: not really the sensational chimera the article suggests. ordinary goat that secretes a usefully spidersilky protein in the milk.
asciilifeform: pete_dushenski: this animal appears as a minor character in m. atwood's book 'oryx and crake', where it is called 'spoat/gider'
pete_dushenski: silk+goat+canadian research = darpa toy
assbot: The Silky, Milky, Totally Strange Saga of the Spider Goat - Modern Farmer
mircea_popescu: !up thExit
mircea_popescu: "then when it finally went through his face light up "you just gotta know how to work these treknologies"
mircea_popescu: sad that the story fails to include a "he mumbled god dangit while kicking the machine a couple of times"
xanthyos: glad i wasn't the test case
xanthyos: punkman: he spoke to me just a couple hours ago planning to try the lamassu
punkman: heh >> dustintheweb: Story time: I just bought 0.2 from a Lamassu ATM. It timed out in mid process w/out ever updating the bitchain. I about crapped my pants, but the business owner opened the box for me, got my money out, then we tried it again until it worked.
xanthyos: completely reputable individual who refuses to wot or use a real irc client
danielpbarron: found him on localbitcoins dealing in the town over from me
xanthyos: stander: get in the WoT, you have 3 people who are waiting to give you postive rating!
gribble: davout was last seen in #bitcoin-assets 5 days, 8 hours, 10 minutes, and 55 seconds ago: <davout> ;;later tell mircea_popescu http://log.bitcoin-assets.com/?date=12-08-2014#791960 <<< interesting
mircea_popescu: people here have shit like i dunno, laser cutters all over their kitchen. so... you're in good company
X-Rob: I've probably spent about 10k over the years on video cards, power supplies, etc. I haven't put any dollars into it in over 18 months (since ASICs became The One True Way(tm), basically).
X-Rob: Heh. That's somewhat accurate
mircea_popescu: <Apocalyptic> <X-Rob> I normally just reinvest into hardware. // this strategy is bound to fail << i think he pretty much said he enjoys the tinkering aspect. so from his pov it's perfect, put some money in, letting it run itself out. bitcoin, the very complex and realistic online mmorpg/mud
mircea_popescu: it's like "dudes if you don't make the world friendlier to stupid people i'll stab myself in the eye"
thestringpuller: just came back to spam
TheNewDeal: apparently he was quite angered after I downed him the first time
mircea_popescu: sounds like an old timer
TheNewDeal: is anyone familiar with a terry tibs?
mircea_popescu: the reality in the field is exactly opposite : i can dump porn pics all day and it'll stil be more important for bitcoin than tim swanson';s "books".
mircea_popescu: +r is based on this imbecilic theory that the content matters and the people do not.
TheNewDeal: O wow. that's kind of nasty
mircea_popescu: rake_boss to oppress people.
mircea_popescu: heck, even the bureaucracy understood it eventually. hence no iraq 51st state
rake_boss: the gribble authentication thing
BingoBoingo: This is true
mircea_popescu: people understand it's fucking stupid to undertake administering a shithole.
mircea_popescu: BingoBoingo the thing is, both the chinese and the russians are run by people.
BingoBoingo: mircea_popescu: Yeah, the parody article's only flaw is there are no signs of Sino-Russian intervention yet. Merely observers.
assbot: Azi in Timisoara, maine-n toata tara! - YouTube
mircea_popescu: as the compatriots said twenty years ago, Azi in Timisoara, Miine'n Ferguson, MO.
assbot: Bitcoin, still not quite ready for CDOs pe Trilema - Un blog de Mircea Popescu.
assbot: Michael Brown shooting: Amnesty International sends team within US for first time as National Guard deployed - Americas - World - The Independent
mircea_popescu: TheNewDeal> on bitbet, people always write up a bet about stocks like GOOG will close at above 1200 before jan 1 << so it's like freedom, let them have fun.
mircea_popescu: (coupla paras at the end0