log☇︎
658900+ entries in 0.438s
decimation: for some of them, they could be making more money not fixing things and hiring a guy
mircea_popescu: and from there on... anyone with a wrench can wrench a deal out of you.
mircea_popescu: pretty soon it's "we're too cool for our children to be killed off like the worthless shitbags they are"
mircea_popescu: decimation it only indirectly results from a too long period of wealth and power. i know, for i've been wealthy and powerful my entire life. the trick is to not buy into comfort. that's the direct causation : once people become comfortable and think "i'm too wealthy and powerful to be here fucking with a wrench inside this engine on the side of a road".
mircea_popescu: Daniel: "We believe that we can build a better future. We believe that we can enable all to participate in a revolution of collective ownership, something that will radically shift the nature of human society." wtf; are they socialists? <<< lulzy danielpbarron
decimation: not really, because he thinks he is rich compared to his cousins back home
chetty: I wonder, does the poor Mexican give a tinkers damn either?
decimation: "Decadence is a moral and spiritual disease, resulting from too long a period of wealth and power, producing cynicism, decline of religion, pessimism and frivolity. The citizens of such a nation will no longer make an effort to save themselves, because they are not convinced that anything in life is worth saving."
decimation: just as rich folk could give a tinker's damn what some poor mexican thinks about how things ought to be
mircea_popescu: people who're not fucking aren't going to be interested, unless, of course, they're retarded.
mircea_popescu: this entire situation is reminiscent of someone trying to "enhance" abstinence-only sexed by reports about how "women's orgasms per capita set to increase this year"
mircea_popescu: there's exactly zilch that the "share of wealtyh of the hispanic population" means.
mircea_popescu: this is such idiocy. rich people are rich people. they're not "hispanic", they're rich.
assbot: Wealth Share of Hispanic Population May Triple by 2025 | St. Louis Fed On the Economy
decimation: even their "model" predicts no movement, but the press release predictably says: http://www.stlouisfed.org/on-the-economy/wealth-share-of-hispanic-population-may-triple-by-2025/
decimation: percent of the economy's total wealth by 2025
decimation: The U.S.'s Hispanic population was about 50.5 million in 2010, representing 16.3 percent of the total population (Table 1).1 According to the Federal Reserve's Survey of Consumer Finances and its Financial Accounts of the United States, Hispanic families had about ... about 2.2 percent of total wealth ... In summary, we project the Hispanic share of total wealth to increase from 2.2 percent in 2010 to either 2.6 percent or 3.2
assbot: In the Balance : Hispanic Population's Share of Wealth Likely to Increase by 2025
mircea_popescu: if only they had a smidgeon of business sense to start back in 2013 by coming here, they'd have actually had a future.
mircea_popescu: kakobrekla: tru story. << lel.
mircea_popescu: i don't get what that coinsource thing is supposed to be.
mircea_popescu: when one starts pretendling like reality, going to school in their pony suit and mixing fiction in power points... well... that's actually unhealty.
mircea_popescu: there's nothing wrong with this any more than there's anything wrong with watching animated pony cartoons.
mircea_popescu: so, yeah. people like to dream. one dream they like to dream is that they'll be the sherlock that'll discover "the real satoshi". another dream they like to dream is the vicarious wealth of amillionbtc.
assbot: Chain Archaeology - Answers from the early blockchain
mircea_popescu: and besides, artforz is likely a much larger holder than satoshi himself. IF he had any sense.
mircea_popescu: decimation it's just... you know. pretty much everyone i know who's been mining in 2010 has actually lost the majority of bitcoin they ever mined. irrespective if they still mine or not.
mircea_popescu: decimation i am aware. it's not "his" estimation. there's been this thing pushed around since 2011ish, a meme equivalent to "who really is satoshi"
decimation: that's alot but not enough to shake the foundations of bitcoin
mircea_popescu: http://stopmasturbationnow.org/wp-content/uploads/2014/07/jen.jpg << this chick;'s like 30
decimation: https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ << this guy estimate's satoshi's fortune at 1M btc,
assbot: Log In - The New York Times
decimation: is there a published analysis of the early blockchain?
assbot: The Coins Source Trust Index
mircea_popescu: <decimation> quite. To be fair, satoshi still has his hand on the banana << i don't see it.
decimation: but that kind of opportunity only comes around once a century or two
decimation: quite. To be fair, satoshi still has his hand on the banana
decimation: ascii re:premined - monkey can't let go of banana in trap...
mircea_popescu: no wait, that must be diff. this one's not out yet.
asciilifeform read their original paper, thought it could lead to something vaguely interesting - until the premined turdcoin came out...
decimation: I guess it's one of these turing-complete contract bitcoin wanna-bes - I haven't seen any serious analysis of the codebase yet
mircea_popescu: asciilifeform according to their own claims, they got > 5k btc deposited by people looking to get a total 10mn of the shits.
mircea_popescu: decimation if this gets funded ima allow interested buyers to take positions. either directly or via bitbet.
decimation: My favorite thing about it are the random code snippets that are supposed to demonstrate how awesome it is, but in fact demonstrate that it's crazy
mircea_popescu: asciilifeform welcome to the world of a different set of idiocy.
asciilifeform just learned that this exists
mircea_popescu: obviously i'll be buying some once it comes out. if shit happens like on icbit , where your bids are simply ignored while it "sells" to lower bids... then it's not reputable.
mircea_popescu: Duffer1 basically, it has to actually work.
mircea_popescu: "just get rid of her if she's annoying" leads directly to "and get rid of any slaves that can't cope with no pp or complain enough" ☟︎
Duffer1: mircea_popescu "..and that ETH trades on a reputable exchange" has "reputable" been defined?
mircea_popescu: asciilifeform it will, yes. it will resurect the not-yet-corpses and make the rest obvious.
mircea_popescu: try a family of a coupla dozen wives that are all "equal partners" and see.
mircea_popescu: in fact : traditional views on sexuality impose monogamy as a standard because that's the only way to hide just how dumb and inept a commune actually is : by keeping it real small.
asciilifeform: except that removing pp will not cure retardation. just as removing maggots will not resurrect corpse.
mircea_popescu: very fucking far that'll go, i'm sure.
mircea_popescu: right. then it becomes fashionable and before you know it the dumb broads in your household are giving pps to each other. and you can't do shit about it, because they're not your slaves, they're your "equal partners"
decimation: which is generally the goal of most gov't meetings, gov't education, etc
mircea_popescu: unless, of course, you're trying to make everyone dumber.
mircea_popescu: the problem is exactly what he states : pp makes it easier for the presenter, harder for the audience. this is not a tradeoff you want
decimation: he writes about how powerpoint contributed to retardation at nasa which lead to the shuttle's destruction
decimation: it's short, but has pretty pictures and is easy to understand for n00bs
assbot: Edward Tufte: Books - Essay: The Cognitive Style of Powerpoint
mircea_popescu: decimation omfg he's copied me. THEIF!
mircea_popescu: http://dpaste.com/3NJD512 << and we have a first nibble on the eth short. ☟︎☟︎
decimation: Ed Tufte is a little crazy but his classes are worth taking. His position is that you present your ideas in the form of an essay or paper. Then you talk about the salient points and field questions. The projector is for showing information dense pictures, like the baseball stats page from a newspaper
decimation: I like his attitude toward meetings wrt powerpoint - he went the full Ed Tufte: http://www.philanthropydaily.com/jeff-bezos-powerpoint-prohibition/
decimation: then they whine when quarterly payouts are not forthcoming
decimation: derps have no choice but to invest in amazon because they don't see any good alternatives
mircea_popescu: actually tbh bezos may be the only guy in the derpeconomy of websites and whatnot that i actually like.
benkay: right, last trade vs. orders on books
decimation: amazon benefits from being one of the few well-run companies in the us right now - this gives them the power to create their own frame
mircea_popescu: y saying investing in a "just-in-time fashion would be too clever by half." << guy's got a point. he shgould be here.
decimation: Bezos insists on taking the long view. In his letter to shareholders last year, he responded to criticism about spending by saying investing in a "just-in-time fashion would be too clever by half."
decimation: lol over the butthurt re: amazon posting quartly loss:
[]bot: Bet created: "Russia or Ukraine formally declares war on the other before September" http://bitbet.us/bet/1005/
[]bot: Bet placed: 2 BTC for Yes on "Any US Player to win FIBA World Cup MVP" http://bitbet.us/bet/1002/ Odds: 99(Y):1(N) by coin, 99(Y):1(N) by weight. Total bet: 2.1 BTC. Current weight: 99,993.
[]bot: Bet placed: 1 BTC for No on "Elizabeth Warren to run for US President" http://bitbet.us/bet/1003/ Odds: 1(Y):99(N) by coin, 1(Y):99(N) by weight. Total bet: 1.1 BTC. Current weight: 99,998.
[]bot: Bet created: "Elizabeth Warren to run for US President" http://bitbet.us/bet/1003/
mircea_popescu: benkay it just traded below nav briefly.
[]bot: Bet created: "Any US Player to win FIBA World Cup MVP" http://bitbet.us/bet/1002/
empyex: FabianB: Traded in last 24 hours: F.MPIF S.MPOE
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021707 B (Total: 474.69 B). Delta: -0.59 B. Last trade for F.MPIF on MPEX was at 0.00019 BTC [-]
mircea_popescu: ya think ?
DreadKnight: old men are more into the real thing
mircea_popescu: what, old men don't like teat ?
DreadKnight: that game is like tailored for underage wankers
DreadKnight: it worked pretty well with Riot and League of Legends, lots characters / skins having that in-game and there's also Nikasaur chick presenting the community fanart showcase on youtube channel
fluffypony: he thought cleavage was going to make him millions
mircea_popescu: lol how's that ?
fluffypony: mircea_popescu: cleavage ain't that bad. <- that's what Klye thought too :-P
DreadKnight: everything has pros and cons though :)
mircea_popescu: cleavage ain't that bad.
DreadKnight: facebook allows for scheduled posts anyway, pretty powerful stuff, considering most posts don't make it to your fans and you need to spam
DreadKnight: yeah, a lot of shady people are using bots and such to sell their magic crapware
mircea_popescu: (i made some comments about buying traffic yest, now im innundated with people pitching their various traffic generating offerings. some are lulzy)
kuzetsa: mircea_popescu: what's with the spam tool?
assbot: [HAVELOCK] [B.MINE] [PAID] 1.67951300 BTC to 12`515 shares, 13420 satoshi per share
assbot: [HAVELOCK] [PETA] [PAID] 15.27184064 BTC to 1`149`988 shares, 1328 satoshi per share
ThickAsThieves: check out Third man
ThickAsThieves: then the live stuff