666200+ entries in 0.402s
decimation: ultimately
the usg depends on "likes" in
the polling booth, right?
mircea_popescu: We selected 526,000 OkCupid users at random and divided
them into groups by
their (self-stated) race. We
then
took all
these people's profile essays (280 million words in
total!) << ok
this makes me fucking curious.
assbot: Showtime :
The L Word : Home
danielpbarron: the show or
the word? either way it's about lesbians
mircea_popescu: o lol you went by map. i
think
they just didn't fill it in
mircea_popescu: danielpbarron
this is false, i personally had drinks with a bunch of openly gay people
there.
decimation: I guess I was
thinking of reasons why "the public" would bother
to invest in a publically available stock.
mircea_popescu: no mention of age, but I am ready
to
take a bet
that your average highschool
today is half-bi, half bi-curious gals.
mircea_popescu: this okcupid stuff is a goldmine. "Another inquiry
that had unexpected results: we asked 252,900 straight people have you ever had a sexual encounter with someone of
the same sex?". men : 7% did and enjoyed it ; 6% did and didn't enjoy it ; 5% didn't but would like
to
try. women : 26% did and enjoy it ; 7% didn't enjoy it ; 18% would like
to
try it.
mircea_popescu: decimation experience shows
that approach is not only
theoretically naive, but also actually leads
to failure.
decimation: it seems
to me
that
there's a pent-up demand for income for
those who are holders of bitcoin
mircea_popescu: you know ? if you want
to make whatsapp and
there's no phone carrier, now what ?
benkay: one'd only roll
their own if
the existing solution were such crap
that it could easily be beat in
the market.
mircea_popescu: so yes, it IS a gift
to
the community. just, not in
the sense you'd
think. it's
the sort of gift you're not at a loss for giving, like sharing music.
mircea_popescu: this is in fact correct. if someone wants exposure
to x market, with a company in x market listed his options are "invest or roll your own"
benkay: very educational.
thank you all.
mike_c: mp also has a
theory
that listing prevents competition because
they can just invest in you instead of building a copy.
mircea_popescu: a more practical approach is
to look at "why do people get into
the wot ?" and go from
there. why do people finish highschool ? why do people go on
to college ? should everyone with a hs diploma strive
to go
to college ? etc.
mircea_popescu: but
this is really like
the discussion of whether bitcoin or network difficulty are
too high or
too low or w/e.
mircea_popescu: supposedly mpex manages
to mitigate
the drawbacks while supercharging
the advnatages,
mircea_popescu: these also work
together, like n+s : more people are paying attention, so it works like open source for your accounting, for instance.
mircea_popescu: Scoring : you get
to know how good you're doing, as a manger.
mircea_popescu: Networking : for one
thing, your investors are your best pr.
mircea_popescu: Capital : a listed company has more capital, and more ready access
to capital.
mthreat: one reason
to
take investment, even if you could fund it out of your own pocket, is
to offset risk from yourself
to investors.
benkay: well, you'll note
the particular questions sprinkled in
there.
mircea_popescu: much like you can't be delivered
the notion of pear or
the sadness of joseph.
mircea_popescu: the existential question either exploits or bumbles into
this fundamental problem. it can never have an actual answer,
mircea_popescu: existential questions are fundamentally broken because
things
that exist exist in an infinity of ways, whereas
things
that are represented are represented in a finite manner.
benkay: mostly 'cause i'm a derpy young
thing
trying
to not. lose. money.
benkay: it does, no q, but is
that
the sole roi?
benkay: what, listing on mpex
tastes good?
benkay: those
three days up in a row
benkay: <mircea_popescu> <benkay> but if i make a profitable
thing, why list it on mpex? << nobody's holding a gun
to your head no ? // clearly. but why did bitbet list?
mircea_popescu: <benkay> but if i make a profitable
thing, why list it on mpex? << nobody's holding a gun
to your head no ?
mike_c: and direct opera bugs
to /dev/null (just kidding kako)
mike_c: ;;later
tell punkman you can lose your money faster now. minigames have websockets.
mike_c: ok
testers, WoL just shipped websockets for
the minigames.
decimation: don't forget about
the cats!
they need equality
too!
decimation: seems
to me
that if you
think you can grow your company with more investment, you find investors
to grow it
mike_c: why does bitcoin price go up? "adoption" seems a poor answer
to me.
to me it is because
the value of
the whole system actually increases. perhaps part of
that value increase is due
to having a more vibrant financial ecosystem.
decimation: I
think
there's a pent-up demand for bitcoin income
peterl: benkay: so
there's
the answer i'm looking for - liquidity for
the owners. << as I said,
they want
their hookers and blow now
benkay: apologies, i didnt mean
to imply
that i was re-asking
the question, more
that i'd already guessed
that was a reason.
benkay: the old "adoption"
thing.
mike_c: you are making me answer for him, which i am not qualified
to do. but I would guess
two
things. 1) yes 2) mayhaps some people benefit from advancing
the ecosystem.
benkay: <benkay> is it a generous donation
to
the ecosystem? "here i made
this
thing and by my grace you can partake of its profits"?
mike_c: that is one answer. another might have
to do with mp's desire
to build an ecosystem. but i'll leave
that answer
to him.
benkay: so
there's
the answer i'm looking for - liquidity for
the owners.
decimation: "According
to Volack, most of
the stray and wild cats in
the city are usually spotted in backyards, and she sometimes gets resistance when she
tries
to
trap
the cats. "I've been
trying my hardest
to capture
the strays and feral cats and kittens, but I have just as many people who don't want me
to
trap
them as
those who do.""
mike_c: liquidity for
the owners is a big reason
benkay: so
then we come back
to my question - why would an an0 company list publically?
assbot: Number of stray cats on
the rise in Laurel and Prince George's County - baltimoresun.com
mike_c: bitbet does nothing with
the money. it's a zac
benkay: hey kakobrekla can you clue us into
the
traffic bitbet's pushing?
benkay: <peterl> you are saying
there is nothing you could do with more money? // riddle me
this - what does bitbet do with
the money?
mike_c: it's
true. i'll put it on
the list
peterl: why not?
that would make it more fun!
peterl: and what are
the buildings in vegas if not playgrounds
too?
mike_c: i
think of it more as a playground.
mike_c: redeem
tickets for stuffed animals.
mike_c: ^ like
TaT said. put your
tokens in, get little
tickets.
mike_c: minigames are bets against
the house
peterl: you are saying
there is nothing you could do with more money?
mike_c: join
the club. i'm working on
that.
mike_c: WoL does need capital. hence
the loan from mpif
benkay: is it a generous donation
to
the ecosystem? "here i made
this
thing and by my grace you can partake of its profits"?
peterl: benkay: if you need more capital
to grow,
then you IPO
to get an influx of cash
benkay: but if i make a profitable
thing, why list it on mpex?
assbot: When you fuck a stranger in
the ass - YouTube
benkay: when does it make sense
to do a public offering? as in - why would i ever do
that?
mircea_popescu: ahahahaah okcupid blog links
their competitor as sausageparty.com
mircea_popescu: ok so, mpex report :
the servers are built and racked.
they have power. os installed. networking isn't working properly, clustering software being hammered into shape.
kakobrekla: wait werent you with some coder chick
that was not after your money ?
thestringpuller: to /msg BingoBoingo ugh restaraunts.
the sucky
thing abouy finding good restaurants you have
to go
through
the shitty ones first
BingoBoingo: I'm a lemon party
truther. Lemon party is an Obama scheme
to keep McCain out of
the White House.
mircea_popescu: also
the fact
they
try so hard
to re-do QT it's almost lulzy