log☇︎
717400+ entries in 0.405s
fluffypony: that Dunne Capital UK exchange-slash-casino thread got pretty hilarious (https://bitcointa.lk/threads/xcp-ipo-announcement-dunnecapital-ltd-uk-bitcoin-exchange-and-a-casino.304299/page-2)
mircea_popescu: ten thousand fucking words.
mircea_popescu: asciilifeform http://trilema.com/2014/the-scum/ here, that is what you made me do.
decimation: and with that g'night
decimation: ;;rate hanbot 1 freely published timely advice which triggered my exit from btct.co
mircea_popescu: sure. it's one of the principal tasks mpoe-pr had
decimation: one can see a business opportunity: summarize the gazette in a trustworthy manner, like a monk-scribe and not like a "journalist"
decimation: This reaction being fully played for everyone in the WoT to judge, of course
mircea_popescu: decimation depends on the reaction of the corporation. if they fire him, him. if they don't, both.
decimation: ;;later tell mircea_popescu how does the idea of the Punishment Gazette interact with the common law idea of corporate personhood? When you are wronged by an idiot employee, is it he who takes the hit on the WoT or his employer?
decimation: presuming that only %46 of Americans can qualify for a mortgage, it seems likely that a subset of that %46 will end up owning %100 of the homes
Apocalyptic: amazon is not the only one with this business model
decimation: It's hard to see how amazon is going to keep exponential growth selling crap to indebted peasants
decimation: The CFED calls these folks ?liquid asset poor,? and its report finds that 44% of Americans are living with less than $5,887 in savings for a family of four. The plight of these folks is compounded by the fact that the recession ravaged many Americans? credit scores to the point that now 56% percent of us have subprime credit.
ozbot: Nearly Half of America Lives Paycheck-to-Paycheck - TIME
benkay: get out of this shithole somehow or make it tolerable until the us comes crashing down about my ears.
benkay: in one way or another i've been standing by and squirting grease on the thing since i was a bairn.
benkay: shipping finely spun plastic widgets that should never have been made to the herds who should never have been granted credit in the first place
decimation: heh well that's a plan I guess. It's honest work at least, keeping the internet goblins at bay
benkay: decimation: if i burn all my bridges here, i'm moving up to seattle and working in the server mines for a year to reestablish my capital base.
benkay: decimation: ugh don't talk like that
benkay: asciilifeform: thanks for those naggum links.
decimation: yeah you have to lock in those losses
benkay: kinda hoping to get the tax situation dialed before btc legs up
decimation: I suspect a large crash would signal another leg up for bitcoin though
decimation: re: amazon, I've heard it's a tough life working there. Look at the glassdoor reviews: they cheapskate on everything. Yeah, the salary is okay, but you better enjoy being on call
benkay: or at least balance hard in that direction.
benkay: i think it's time to go all cash, neh?
benkay: nice to have you back, decimation :)
decimation: but the "recovery" is great guys, just some snow, no problems here
decimation: In the first quarter of 2014, mortgage originations at Citigroup Inc. (NYSE/C) declined 71% from the same period a year ago. The bank issued $5.2 billion in mortgages in the first quarter of 2014, compared to $8.3 billion in the previous quarter and $18.0 billion in the first quarter of 2013. (Source: Citigroup Inc. web site, last accessed April 14, 2014.)
ozbot: Dead-Cat Bounce Over for the Housing Market?
benkay: that's the short of it, BingoBoingo
benkay: b) you've got stuff 'twixt your ears that'll spill more easily if we're on good terms than ill.
benkay: a) i don't actually troll.
decimation: Why thank you sir
benkay: BingoBoingo: what, you want me to perpetuate the mystery in a blog post or three? ;)
BingoBoingo: Mysteries I want in a blog post, Benkay, why did you ever stop trolling me after my return to -assets
ozbot: WWII Propaganda Billboards From The United States' Secret Atomic City
BingoBoingo: benkay: As best as I can tell with Amazon is that they have done nothing other than reinvest in their history. Like the Poker Player who doubled down 21 times in row and won.
benkay: i haven't looked at the actual books but i'm imagining that each spend on one side is balanced by an acquisition on the other. maybe just of engineering time, but w/e.
benkay: BingoBoingo: is amazon burning the capital? the party line is that they're reinvesting it.
BingoBoingo: Bitch to scrape off of the floor, but... learning
BingoBoingo: Shoe took care of "mice" which was an actual mouse
BingoBoingo: benkay: Mosin was one option, some sks variant was another with the particular variant left in the air, so long as it wasn't chinese
benkay: it can't be that simple
BingoBoingo: benkay: Amazon burns all the capital, because growth.
benkay: oh wizards of high finance and running companies - what the fuck is up with amazon?
benkay: BingoBoingo: were we to lay out diamonds we'd get insta-zapped by drones
benkay: BingoBoingo: couldn't say i'm a rebel cascadian hiding in the hills
gribble: Bitstamp BTCUSD ticker | Best bid: 469.95, Best ask: 469.96, Bid-ask spread: 0.01000, Last trade: 469.96, 24 hour volume: 13964.55874092, 24 hour low: 469.96, 24 hour high: 505.0, 24 hour vwap: 487.558581229
BingoBoingo: Poor assbot, the BTC-TC collapse has kept it so quiet
BingoBoingo: Narrative: Innexplicable offense, still moar inexplicable offense, dissapointement by regression to the mean.
BingoBoingo: asciilifeform: If you want a shortcut to understanding baseball the 2011 world series game six and 2012 StL vs. Washington NLDS game five paired with the 2013 NLCS makes a nice summary of the entire contemporary game
BingoBoingo: By Italy I mean classic Italy, anyone born more than two barns from you and your goats is a foreigner
BingoBoingo: asciilifeform: Reminds me of a conundrum. Every US Infantry officer gets the chance at ranger school after graduation, but many officers deployed to ostentiably infantry assignments will not be infantry officers.
benkay: 's why i'm in mgmt these days
benkay: used to it
benkay: mircea_popescu: dun think i got any credit for popping the recent sybils.
BingoBoingo: Otherwise we could suppose infinite shitty alternate artillery games where one side produces a grunt who climbs a hill and stabs the cannon to death.
benkay: <mircea_popescu> and i'm not gonna give stan any more credit than i gave benkay either << wot ch2 omission smarted
BingoBoingo: asciilifeform: Actually I am thinking the Apple II version, but yes, that artillery game
BingoBoingo: Vs. artillery where the opponent merely needs to hit you once
BingoBoingo: No less than three.
BingoBoingo: Well, a pitcher to get an out either has to throw three strikes or get the hitter to put the ball in a location favorable to one of their fielders.
BingoBoingo: Where as in artillery the goal is to hit the target first.
BingoBoingo: In chess there is a tremendous advantage to anticipating lines your opponent might try to put forth.
BingoBoingo: asciilifeform: Consider the game of chess vs. the game of artillery.
asciilifeform: anyone here other than BingoBoingo - gets this?
BingoBoingo: Though on the same team and Albert Pujols becoming a legend first, this is the exact machanism that made Pujols fungible with Carlos Beltran et al. while Molina was and is irreplaceable.
BingoBoingo: Normally the answer is the catcher calling pitches, as a great catcher is a slightly better source of entropy than the batter
asciilifeform lives in usa since '92 and needs to do this
BingoBoingo: asciilifeform: Well I mentioned this in another post, but it goes back to baseball. Who carries half of a ptcher's success and why?
benkay: ;;later tell decimation i did indeed and would be pleased to help you do the same although i'm sure you can figure it out
asciilifeform: as it is i'm tuned to wrong frequency, perhaps
asciilifeform: BingoBoingo: i re-read that thing. maybe it'd make sense to me with strong drink.
BingoBoingo: mircea_popescu: Prolly. Cake comes and goes. I might hammer out consistent gains, but probably never again over a bid-ask pread of 4 times
mircea_popescu: what are you going to say, "herp", because you already used the proper expression in april 2014 ?
mircea_popescu: suppose you actually do something like that one day.
mircea_popescu: <BingoBoingo> asciilifeform: It is well within the specs I set when I raped herbi and his wife's future. << dude srsly.
BingoBoingo: He sought to seed microstructures, but every order he entered was like my betting green in roulette and hitting.
BingoBoingo: Read on, you saw it the first time.
BingoBoingo: You were at points in the conversation.
asciilifeform: so how'd this constitute a zapping of future?
BingoBoingo: He invested little. It seemed to be a small portion of his anything.
BingoBoingo: asciilifeform: The conversation is attached to here http://www.thedrinkingrecord.com/2014/04/24/my-role-in-s-mpif/
asciilifeform: i now confess that i missed what was herbi and wife
BingoBoingo: asciilifeform: It is well within the specs I set when I raped herbi and his wife's future.
BingoBoingo: Also I can't threaten incapacitating my self that much lest BTC/AtC goes to hell
BingoBoingo: Next thing you know I will forsake N.W.A. for Sheryl Crow
asciilifeform: i meant, by taking only one and see what happens
BingoBoingo: The beautiful thing is this doesn't much matter.
BingoBoingo: asciilifeform: Especially hard since 23andme conceded medicine to MObama
asciilifeform: shouldn't be hard to find out which, no?
BingoBoingo: For all I actually know maybe I am more addicted to menthol than nicotine
BingoBoingo: The only people IRL on OL with similar issues were notorious epileptics so I guess being more functional than that is a plus.
BingoBoingo: I also throw a bowling ball with alternating hands given situations favorable to one side or the other's strengths
asciilifeform: folks in the Dark Future of Hello Kitty (TM) splitting their brain, so they can literally (in their head) fuck themselves.
BingoBoingo: In practice this works great for watching porn because different halves of my brain can be watching porn vs. jacking me off, a perfect stranger
BingoBoingo: My left eye tremendously overpowers the right, but my right hand tremendously has dexterity over the left.