646500+ entries in 0.414s
mircea_popescu: i pay in cash, get
the vat back as a kickback, it's wunderbar.
justusranvier: I've heard
that in general people
there are a lot less squeemish about routing around bad government policy via black markets.
mircea_popescu: by
this scale, a week in new york is a week in hell,
the circle of horn rape
justusranvier: Because
they've experienced it,
they know how
to adapt.
justusranvier: But for sure,
the people who've lived
there a while have gone
through adversity.
They've had a currency crash every decade or so.
mircea_popescu: i
tell you, "buenos aires" is no fucking joke. air is actually sweet.
mircea_popescu: kakobrekla i could fix em for about half what it costs in eeurope.
thing is... why bother ?
kakobrekla: 6 kgs fresh oranges (35 pesos) -> 1.5liters juice ; 1.5l mineral water (15 pesos) ; fine local cognac, 700ml (80 pesos) ; holes in
the wall (unfixable)
ben_vulpes: in college i used
to get
the girlies pants off with cheap red wine and fanta.
TheNewDeal: today marks a glorius occasion, which is one
to get in below my cost average
mircea_popescu: justusranvier you know contrary
to what you may
think people here are actually not feeling any adversity.
justusranvier: In general
the people who you
think about when you consider mass appeal will be
the last ones
to get into Bitcoin
justusranvier: godovo: When
the masses in
the G7 countries experience a level of adversity compared
to
that of, for example, Argentina you won't need
to explain
to
them why Bitcoin is important any more.
mircea_popescu: not with
the elites
that were, mind you,
the circular "elite because elite because elite"
mircea_popescu: the bar for
the mass
temporarily
thinking something appeals is incredibly low.
take nikki minaj.
godovo: but your whole world domination
thing is centered around it gaining huge value and
the fiats dying off - how can it happen without
the mass appeal?
mircea_popescu: in richard's words, "there's a mass
that follows me because it follows anything
that moves."
pete_dushenski: mircea_popescu: i was more comparing cazalla
to people with no bitcoin lol
mircea_popescu: <godovo> what happens if
they succeed
to kill it's "mass appeal"
tho? be it via insane price swings (the volatility argument), or by having big, known "holders" dumping big
time? << bitcoin does not, never had and never will have mass apeal.
mircea_popescu: <pete_dushenski> cazalla: i guess it's more
than most people wager << actually average is like 1btc
mircea_popescu: godovo> so can't
this be considered a pathetic attempt?
justusranvier: THe medium
term solution
to possible price manipulation is
to get
the bitcoins off
the exchanges and web wallets
ben_vulpes: doesn't mean it's not going
to fuck
them.
ben_vulpes: BingoBoingo: for people who're used
to keeping hundreds of
thousands of dollars at
the broker and uncomfortable with
their own computer security it's a not unreasonable position.
godovo: justusranvier: I'm not yield hungry - it's just
that I don't understand what is happening. are
they
trying
to kill it, or jump
the
train?
justusranvier: pete_dushenski: Right, and it hasn't even been a year yet.
Too soon
to start panicking.
justusranvier: BingoBoingo: No matter how often you
tell people
they don't actually own Bitcoins if somebody else controls
the private keys,
they don't seem
to listen.
justusranvier: It
took almost 2 years
to recover from
the 2011 Goxxing, and
the decline was far more severe
than
this selloff.
justusranvier: Do you have ADD or something? Zoom out, switch
to a log scale, and be patient.
BingoBoingo: The current market shit seems
to be an effort
to make "paper" BTC a
thing like it was at Gox, and well, cycles repeat
themselves
godovo: I
thought
the current market price is
the reflection of exactly
that
justusranvier: The central bank-issued currencies of
the world are committing coordinated suicide.
justusranvier: Bitcoin doesn't need
to do anything but continue
to exist in order
to win.
godovo: the large early holdings will not move, yes, but at
the same "redditors" will be hesitant
to buy in
godovo: what happens if
they succeed
to kill it's "mass appeal"
tho? be it via insane price swings (the volatility argument), or by having big, known "holders" dumping big
time?
pete_dushenski: but
that would be rather out of sorts for a nation who imagines
themselves
the most powerful and important in
the world
ben_vulpes: the best part of python is
the "if
this blows up"-driven control flow.
pete_dushenski: they might, but again,
they have no choice but
to do what
they're doing
godovo: I mean,
they know
the early holdings are
there and not going anywhere
godovo: so can't
this be considered a pathetic attempt?
pete_dushenski: but not before we all write a few more articles, sweat a few more bullets, and watch as
the salvos wizz by
pete_dushenski: regulation ain't gonna cut
the mustard, so why not print
their way out like
they always do?
pete_dushenski: basically,
this is
the usg's attempt
to "kill" bitcoin
pete_dushenski: "Why would you bet on no 3 separate
times after
the bet was satisfied yes?" << i wonder
the same
thing
assbot: BitBet - Bitcoin
to drop under $500 before October :: 14.06 B (85%) on Yes, 2.47 B (15%) on No | closing in 1 month 1 week| weight: 71`566 (100`000
to 5`000)
godovo: are
they "all or nothing"?
pete_dushenski: "The Clayton Utz app allows in-house lawyers
to choose which regulator is raiding
their offices and guides
them
through how
they need
to act. It’s designed
to be used even if regulators shut down an internal computer system."
pete_dushenski: "Australian law firm Clayton Utz has developed a smartphone app for companies facing dawn raids on
their offices from police, antitrust and securities regulators, and
tax officers."
godovo: not letting usg "get in" for cheap is directly related
to
the size of
the early holdings
godovo: quick question - just how large are
the "large early holdings"? except for
the satoshi's
thestringpuller: mircea_popescu: i am interviewing an assistant. part of
the requiremenets are for her
to get in wot. if you still need "office-esque" stuff done, she will be in channel in
the future
Namworld: That blog looks like
the onion. Not visually I mean.
gribble: Bitstamp BTCUSD
ticker | Best bid: 510.39, Best ask: 513.92, Bid-ask spread: 3.53000, Last
trade: 513.92, 24 hour volume: 25563.58509467, 24 hour low: 497.0, 24 hour high: 551.86, 24 hour vwap: 516.653330765
assbot: BitBet - Bitcoin
to drop under $500 before October :: 14.06 B (85%) on Yes, 2.47 B (15%) on No | closing in 1 month 1 week| weight: 71`620 (100`000
to 5`000)
mircea_popescu: (but if you want lulz at a party, ask local girl
to say "lavalle qui rit")
mircea_popescu: problem is
they
think spanish is "casteshan" over here, and
they speak spanish
mthreat: the hardest street names
to pronounce in Buenos Aires are
the English ones, because
they pronounce
them as if
they were spanish
mircea_popescu: ahahhah if
this style becomes a
thing where one's known as Chris, Lord Mthreat or Juraj, Lord Jurov it'll be
the lol of all
time.
mthreat: Elton John is a lord,
too, right?
mircea_popescu: "I'd have
to grow a moustache and get all kinds of robes and lotions and I'd need a new bedspread and new ... "
mthreat: I'll have
to buy a funny hat, or something
mircea_popescu: -ChanServ- #iamaslut is now registered
to mircea_popescu.