log☇︎
732500+ entries in 0.426s
domsch: Johann is speaking there - didn’t know that, awesome.
bitcoinpete: i'll see if anyone else there can as readily point out the scammers as -assets
ozbot: SPEAKERS | Bitcoin Expo 2014 in Toronto - April 11 - 13Bitcoin Expo 2014 in Toronto – April 11 –
bitcoinpete: I'm going to this next weekend. I wonder which speaker will be the lulziest
bitcoinpete: benkay: it's how and when they're used that changes :)
Mats_cd03: watch The Newsroom
bitcoinpete: Namworld: mad magazine is hard work too
ThickAsThieves: it's hard to battle idiocy on tv, it corrupts through the nature of its questioning alone
benkay: tchaw bitcoinpete the chems are the same as they've always been
Namworld: Hey, Bitcoin Magazine is a premium magazine for the amateur of lulz, of course it commands a premium price. It's hard work coming up with this amount of lulz.
kakobrekla: i dunno, i know fury a bit, we talked a lot before he became famous, i wouldnt think he would be up for that.
bitcoinpete: ThickAsThieves: ya, then we'll see if inflationary btc' is worth more or less than satoshi's btc
bitcoinpete: kakobrekla: it's in the video in the article, ya
kakobrekla: is that in the article
bitcoinpete: that bitfury is looking to ipo in london is hilarious tho. they should try mpex first
ThickAsThieves: they can try, and the people who dont like it can stay on the other prong of the fork
bitcoinpete: it's just talk
bitcoinpete: it's probably to be taken as seriously as the greenlist talk
bitcoinpete: thestringpuller: gotta be puppets with guns to their heads
kakobrekla: Mats_cd03 i forgot, but you get a temp ban (lasting minutes) if you go over it
thestringpuller: where the fuck is all this talk of making bitcoin inflationary coming from?
thestringpuller: what the fuck?!?!?
bitcoinpete: "George Kikvadze, board member and advisor of BitFury, said Monday that if the notion of a finite number of bitcoins was ever altered it would be fair and should not undermine the value."
bitcoinpete: prevents me from spending my days doing as the 18th century jooz, as mp once put it
thestringpuller: i have like 20k trilema credits...
ThickAsThieves: i kinda think he undercharges
Namworld: What the fuck, Bitcoin Magazine?
Namworld: Do you want to pay taxes on gains, or deduct losses... of actual losses... One gains you more, even after taxes, the other deprives you of money...
ThickAsThieves: $10 worth of bitcoin has got me through a year of trilema
pLambert: business idea! collect the trilemma posts for each month and print them
thestringpuller: if trilema were in print it wouldn't even be that expensive
asciilifeform: that thing still exists ?!
bitcoinpete: it's also why there's doge
bitcoinpete: ThickAsThieves: that's atrocious
gribble: Bitcoin Magazine Subscription – Bitcoin Magazine: <http://bitcoinmagazine.com/product/3368/subscription12months/>; TIME TO RENEW YOUR SUBSCRIPTION! – Bitcoin Magazine: <http://bitcoinmagazine.com/6120/time-to-renew-your-subscription-2/>; Bitcoin Magazine Issue #7 (February 2013): 9781622096701 ...: <http://www.amazon.com/Bitcoin-Magazine-Issue-February-2013/dp/1622096703>
thestringpuller: wow bitcoin magazine is really scraping the bottom of the barrel these days
bitcoinpete: asciilifeform: architects of land buildings take tours of their work too. weaknesses from buried risks aren't really tested upfront
ThickAsThieves: bircoin ragazine never fails to fail
ThickAsThieves: inflating bitcoin would trigger no capital gains liability, only capital losses, reducing the tax liability of the filer."
ThickAsThieves: "Better yet: if the Bitcoin community managed to change the protocol to increase the rate that miners can “unlock” new coins… Bitcoin might have a built-in incentive to both adopt the currency and report taxable earnings. Let’s say that we accepted an inflationary Bitcoin, much like we have an inflationary dollar, around 2 or 3% annualized. At the end of the year, a consistently
bitcoinpete: Namworld: california maybe? i hear their paperwork is nuts
bounce: many, many places. generally the places with large informal economies
bitcoinpete: asciilifeform: give them a little bunk next to the captain's
Namworld: Where the fuck does it take 200 forms and 10 years to start building? The Land of Bureaucratia?
asciilifeform: everybody, architect, welders, riveters - get to take a free trip to max depth
asciilifeform: i once read that 'hammurabi's building code' is still king, in the... submarine industry
bitcoinpete: hard to check without hammurabi's code
jurov: it's easy to bash... pointing out which regulations are nonsense is harder
jurov: i don't think checking the building isn't gonna fall someday is easy
bitcoinpete: keeps the barriers to entry high and the entrenched players comfy and content
bitcoinpete: just like the medical system treats symptoms like cancer instead of the root causes, like shitty food
bounce: take a piece of land, try and put a building on it. some places the paperwork can easily take 200+ forms and 10+ years. so people just start to build and rent out the building without bothering with the paperwork. it's a risk, but, you know.
bounce: there are ways to fix it but since they're a symptom of a(n often deliberately) broken official economy, that needs fixing first
bitcoinpete: the bezzle economy deploys its regulators under the guide of "public health" to clean this stuff up but it really can't go away
bounce: hernando de soto wrote about it, _the mystery of capital_, just why some people have no access to the official economy and so dwell in the alternative shadow economy
assbot: [HAVELOCK] [B.MINE] [PAID] 2.22203904 BTC to 5`408 shares, 41088 satoshi per share
Namworld: But you pay too much for less...
bitcoinpete: and they don't need to sign a 1yr lease
bounce: not being part of the, well, bezzle economy is the word here
bitcoinpete: and they don't need a damage deposit at these places
bounce: just saying "haven't looked around enough" is too easy. one common reason is because the slum-dwellers don't have access to anything better.
bitcoinpete: namworld 100%. my guess is that people tolerate it because it places them close to their community, including family and social services
bounce: so we see that slums aren't necessarily cheap. why then do people still dwell there?
Namworld: And if you rent that, you haven't looked around enough.
bitcoinpete: i've seen some that charge 900+/mo too
Namworld: Otherwise, even if the place ain't nice, just cleaning it through and keeping it so and no problems.
Namworld: I don't think "Canada Slums" and "Slums" are the same thing. By international standard, probably luxurious
bitcoinpete: bounce that'd be awesome
bounce: probably should do a writeup of that "research" so you have something proper to link to.
nubbins`: but for something that an adult with dignity and respect would live in...
nubbins`: Namworld there are very few 1br apartments so the prices on 'em are a bit high
nubbins`: 5 years ago you could find the same 1br for $600
nubbins`: while technically not the maritimes, a 1br apt in downtown st. john's, newfoundland will run you 700-900
bitcoinpete: how much is a 1br in the maritimes?
jurov: step 7) nap time
bitcoinpete: existing investors gained confidence, new ones stepped up to the plate and learned how to mpex
bitcoinpete: mike_c i think the sec press brought in new money
mike_c: yeah, luckily i showed up after the dice bubble and before the acquisition :)
KRS-1: step 5) beat off to some .bait step 6) take a shit
jurov: you weren't there when S.DICE traded. there were massive buys *just after* dividends were paid
mike_c: step 1) turn off 70% of revenue. step 2) stock goes up 20%.
assbot: Last trade for S.MPOE on MPEX was at 0.00100163 BTC [+]
mike_c: unbelievable. i would write a blog post on this if i understood it at all.
assbot: I thought I told you not to touch me.
ozbot: BitBet - S.MPOE to rise above 0.001 before July
bitcoinpete: mpoe takes it down
Mats_cd03: all of the consumer versions of quadcopters suck balls
jurov: that's why they pay themselves bonuses for hazardous working conditions
mike_c: he must not have agreed to the banker suicide pact.
bitcoinpete: “We believe that all of the expenses the SEC was complaining of were permitted by the limited partnership agreements and Delaware law,” said Aegis Frumento, a partner at Stern Tannenbaum & Bell LLP in New York, who represents Brittenham and the firm. “We have every confidence at the end of the day that these charges will not be found to have been fraudulent under the Investors Advisers Act.”
bitcoinpete: it's stronger that way
bitcoinpete: i was using "vehaha", then saw that mp had already played on it, so i adopted his for the sake of continuity
Apocalyptic: Vehehes, that's priceless
jurov: not typo, it's explained in footnote
gribble: Recapitulatio pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2013/recapitulatio/>; In re noobs and conventions pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2013/in-re-noobs-and-conventions/>
bitcoinpete: ;;google trilema vehehes
bounce: looks like a typo in the guy's surname
bitcoinpete: for enlightenment and enjoyment, i picked apart peter vehehes' latest "Annual Letter from the Chairman of the Bitcoin Foundation":
bitcoinpete: ;;later tell wywialm thx for reading. i suspect that both prices and wages are downward rigid. the effect of this will be the necessary checking of egos. hunger will loosen up that rigidity before long. the human competitive streak will soon come out --> renaissance.
Apocalyptic: "the decision to postpone the event was a direct result of a “negative response from government authorities” or more specifically, The Federal Security Service of the Russian Federation, the FSB"