log☇︎
68100+ entries in 0.885s
mircea_popescu: on the grounds that "of course" t, is read as t͡s
mircea_popescu: amusingly : romanians are universally convinced (through the virtues of nutty p;rimary education) that "romanian is the only language which is written as it is heard"
asciilifeform: now that you sounded it out, i'm pretty sure i heard it as a kid somewhere.
mircea_popescu: the great clobbering looks great especially from the us. otherwise, they have a bombed building downtown which they're pretty much preserving as is
nubbins`: (fwiw, math can be studied as either)
nubbins`: “Do not be alarmed. You seek Jesus of Nazareth, who was crucified. He has risen; he is not here. See the place where they laid him. But go, tell his disciples and Peter that he is going before you to Galilee. There you will see him, just as he told you.” And they went out and fled from the tomb, for trembling and astonishment had seized them, and they said nothing.
nubbins`: not only does it make no mention of a virgin birth -- in fact, jesus is referred to as a son of mary -- but it ends when jesus dies.
mircea_popescu: i mean arguably eulora as-is won't match exactly the eulora as-word-of-god
mircea_popescu: inasmuch as wiki articles are intended ot describe things such as they are, they don't sanely need much more than snippets anwyay
mircea_popescu: A. James Manchin either delighted or appalled the West Virginia voters. Many people, especially senior citizens, loved the attention he bestowed upon them later as Secretary of State. He would produce a certificate with a gold star and make quite a production of just about anyone's service to "Mother West Virginia." Giving away his trademark white or black fedora to young teenage boys along the campaign trail, Manch
mircea_popescu: as i was sayin' to erik, the guy's the clown of all time.
ThickAsThieves: omg someone on twitter just used "Bitcoin is not Quantum Safe, sorry." as an argument
ThickAsThieves: "The hack rates as one of the largest heists in history"
nubbins`: no, only got as far as the login screen. keyboard input goes to the terminal window rather than the un/pw textboxes
mircea_popescu: wanting to starve as sufragettes or something.
asciilifeform: i've nothing against armchair generals, so long as they don't labour under the delusion of commanding actual soldiers.
mircea_popescu: asciilifeform in retrospect, "strategy" on such venues should be taken as an indicator of consumate armchair generalship.
mircea_popescu: @TomHashemi Sure, most actual strategists I know advertise themselves as cooks, streetsweepers, merchandise stacking "executives" and so on
mircea_popescu: @Mircea_Popescu Nope... I've read enough of your nonsense on bitcointalk to do it on twitter as well
mircea_popescu: as soon as they figure out wtf they are. will be 2015 at the ealiest.
asciilifeform: as soon as these folks figure out how to diddle the crypto
ArsKisS: as far as i know
mircea_popescu: meanwhile i'm having fun on twitter with twerps who describe themselves as "Strategy & Research"
mike_c: "I am most concerned that as Bitcoin is inevitably banned in other countries, Americans will be left holding the bag on a valueless currency"
mike_c: there's already a btc hedge on mpex in x.eur. i'm not sure how much appetite you'll find for a bond that will decrease in NAV and interest rate as btc rises.
the20year2: Well , if it works as a BTC short, then the interest being paid would be tied to USD rather than BTC, but still paid via btc as the medium
mircea_popescu: in some cases obviously the asset is owned by an actual investment bank which already has a seat. this is by no means common or the rule. esp as things mature.
mike_c: % as rent climbs as population density rises
mike_c: % as rent has more to do with density, no?
mircea_popescu: as opposed to the traditional TAKING 1 of 10
asciilifeform: in a few years the street is full of people like yourself and you pay the mandatory 1/2 of your money as rent.
asciilifeform: so it works roughly like this. you're a programmer or whatnot, and live in a repurposed warehouse, with armoured doors. and life is good, you pay 1/10 of your money as rent
mircea_popescu: there's no such thing as a right to one's code just because it exists or just because it's different.
KRS1: thestringpuller: that too, depending on who you ask.. as in ... skeet skeet
nubbins`: i.e. "right" as a synonym for "Very"
gribble: http://www.urbandictionary.com/define.php?term=skid | The term "skid" is in part derived from "skid row", which is both a band enjoyed by those the term refers to, as well as their address. See also white trash and ...
mircea_popescu: but as a general principle actual finance does not belong in the mouth of pundits any more than science belongs in the mouths of politicos.
BingoBoingo: Also 737 people reffered by Slashdot in the first hour as the last of four links in the story.
mircea_popescu: ThickAsThieves he used to back before i ended up wearing his asshole as a windshield decoration
BingoBoingo: Oh, look what happened when I was passed out http://slashdot.org/story/14/02/26/1539250/mt-gox-shuts-down-collapse-should-come-as-no-surprise
mircea_popescu: Duffer1 i for some reason read actm as "rectum"
mircea_popescu: and really as entry level bureaucrats... how smart can they be ?
mircea_popescu: it's almost as if they're all women or something.
nubbins`: next thing ya know gox decides "well, now's as good a time as any"
mircea_popescu: so this guy is going to be forever remembered as the pdf highlights tard ?
mircea_popescu: nubbins` point in case as to the "we don't deserve to run a business" thing
mircea_popescu: not proposing any of the foregoing as factual or anything, merely exploring teh theory of it.
nubbins`: just so happens that he faked the doc at a time when everybody was ready to accept a poor fake as legit
mircea_popescu: this is probably apocriphal as such, but it is reflective of various actual events. normally it's retold as
Bugpowder: CoinLab was more mismanaged than Gox, they just died earlier so they couldn't cause as big a monetary fuckup.
mircea_popescu: take it as a measure of just how badly hurt the foundation scamnest is by this defeat in the field
jurov: so, i used my idignation as fuel: http://explo.yt/post/2014/02/26/Bruce-Schneier-passwords-fail
Namworld: yeah, he was. Known as Topace in IRC
BingoBoingo: Slashdot still seems to possess doubts, WHy? I dunno http://slashdot.org/submission/3366357/mtgox-collapse-should-come-as-no-suprise
BingoBoingo: So... Maybe I should have tried for sunday night again on this. Slash mods are swfully flaky. http://slashdot.org/submission/3366357/mtgox-collapse-should-come-as-no-suprise
BingoBoingo: mircea_popescu: It is a long shot, but it fits the armpit environment well as a genus
MisterE: as if shecould be out for not paying rent :D
nubbins`: as if we'd just leave it there for 10 hours
mircea_popescu: "It’s tempting to dismiss the decision as incomprehensible legalese or the inability of justices to understand that contemporary financial systems rely on a powerful lender or dealer of last resort to weather financial crises."
mircea_popescu: germanz just ruled ecb may not act as lender of last resort.
mircea_popescu: as explained in http://trilema.com/2012/the-problem-of-too-much-money/ : "LTCM collected over one billion dollars in capital. If you’ve been following up to here you probably have a question in your mind : what in the world were they going to do with a billion of their own money ? Good question. The fund had access to heavy leverage, as high as 100:1 in many cases. One billion leveraged 100:1 means one hundred billio
BingoBoingo: nubbins`: Any sporting analogy is best as a baseball analogy, the greatest precision is there. Even if the metric is love of the cunts
mircea_popescu: course in a sense nsa as it is stands in a relation to nsa-as-thus-described about roughly as that merry bunch of Meriwether's thieves stood with THEIR sensible value proposition
mircea_popescu: bitfinex (the thing which now is misreported as > 30% of the bitcoin average usd price)
BingoBoingo: MisterE: I have this package of patented dense -assets knowledge sitting on orage and waiting http://slashdot.org/submission/3366357/mtgox-collapse-should-come-as-no-suprise
jcpham: same thing as the thing you were doing
[\]: jcpham: keepass will make as many credentials that you need
[\]: as if we didn't have that link already
BingoBoingo: Looks like slashdot is close again http://slashdot.org/submission/3366357/mtgox-collapse-should-come-as-no-suprise
Apocalyptic: as he trusts nanotube with a 10 who trusts MT with a 7
mircea_popescu: because such attacks are difficult for ordinary people understand. I have trouble understanding your proposal - ordinary users will be easily bamboozled by a government sponsored security update. Further, when the crisis hits, to disagree with the line, to doubt that the regulators are right, and the problem is the evil speculators, becomes political suicide, as it did in America in 2007, sometimes physical suicide, a
mircea_popescu: r, more serious, and more disastrous, as with the most recent one. Each attack is hugely successful, and after the cataclysm that the attack causes the attackers are hailed as saviors of the poor, the oppressed, and the nation generally, and the blame for the the bad consequences is dumped elsewhere, usually on Jews, greedy bankers, speculators, etc, because such attacks ar
mircea_popescu: The big and easy government attacks on money target a single central money issuer, as with the first of the modern political attacks, the French Assignat of 1792, but in the late nineteenth century political attacks on financial networks began, as for example the Federal reserve act of 1913, the goal always being to wind up the network into a single too big to fail entity, and they have been getting progressively bigge
mircea_popescu: Then knowledgeable people complain that the evil financial network is heading for disaster, that the government sponsored enterprises are about to cause a “collapse of the total financial system”, as Wallison and Alan Greenspan complained in 2005, the government debates shrinking the evil government sponsored enterprises, as with “S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005″ but the
BingoBoingo: ThickAsThieves: Nah, I just want some IT drone to throw him some Trilema showing that Bitcoin regulated Gox out of existence using only death by exile as a regulatory tool
BingoBoingo: Goxlast is going to be 135 forever it seems. Prolly prudent to quote USD/BTC as a percent of Gox last nao.
cads: I'm looking at the definition of geometric brownian motion as the sum of a normal brownian motion and a drift function, and I'm having a hard time believing it actually lets us model real world stocks.
BingoBoingo: Proposal, since Gox last will now always be 135, Instead of Quoting BTC/USD in terms of dollars, it should hence forth be quoted as a percentage of Gox last.
ThickAsThieves: "but it was once nearly as important a port as Savannah[according to whom?]"
thestringpuller: as an experiment to see if he can educate the local populace
dexX7: speaking of us bitcoin business. i'm somehow impressed about circle. came out of nothing, did nothing till now, but allaire participated as witness at the senate hearing, they joined the circle against gox etc..
ozbot: Facebook chief depicted as hook-nosed octopus - Europe - Al Jazeera English
ThickAsThieves: http://www.aljazeera.com/news/europe/2014/02/facebook-chief-depicted-as-hook-nosed-octopus-201422514549661383.html
Mallstromm: but as soon as I buy the coins I'll transfer directly to cold storage. Daytrading is really not worth it IMO
Mallstromm: what I can tell you is that as soon as I had a +6 weeks delayed withdrawal I left for good. I didn't give them a second chance. There's really no point in risking your hard earned money when the insolvency signals are so strong
Mallstromm: but as soon as the red flags are raised... Its just stupid to risk your hard earned money.
Mallstromm: cazalla: I do believe that there is a small amount of noobs/newcomers who probably just wired money to Gox because it was the best known exchange. I would have researched in forums, etc. as I did when I bought my first coins in 2012
azi`: and this one is weird as well
cerelenius: as he pleases
cerelenius: im not concerned with mircea, as i said hes clever
cerelenius: infact as he ever used the blockchain to provide evidence of anything? or is it all self issued statements
dignork: basically default, ok, but it's unrelated to options as a mechanism
cerelenius: as of 2014
chetty: If all the dollars in the world went poof tomorrow there would still be as many apples :)
dignork: any currency is worthless as a value storage
cerelenius: as bad as the US is
jurov: so there 5 trillions are as good as non existing
mjr_: so if only a few people use bitcoin to transact their business, it'll be the same as the romanian lei
cerelenius: its related to btc because as people WORK hard to build the ecosystem and create purchasing power, it gets siphoned off by the large holders
mjr_: as far as price setting