log☇︎
751000+ entries in 0.503s
dexX7: Ademan: well, tape-out was scheduled for end of january, but there was no delievery date published to my knowledge
asciilifeform: my impression was that he suggested coupling a bitbet-like apparatus to a trading bot.
asciilifeform: mircea_popescu: perhaps i misunderstood then
mircea_popescu: asciilifeform i think his idea was just "offer altcoin betting on bitbet, do alt<>btc conversion for your customers transparently"
Ademan: dexX7: yeah, saw that, wasn't gen3 supposed to be out by this month though?
kakobrekla: but whatever, lets not get into that, someone should at least try to do it though
asciilifeform: roughly, fooling the system by betting in a particular way should always have -EV.
ThickAsThieves: there's mor ethan one way to design such a thing for bitbet, so i could see a bad design being possible
robertmcmillan: Hey Mircea. Sorry not used to this UI. How do I DM you?
asciilifeform: not that it's a bad idea per se, just that the builder must be careful to avoid creating a situation where someone can lift out of his pockets by artificially steering the machine using a heavy bet
asciilifeform: kakobrekla: any kind of heavy machinery directly wired to a prediction market is, well... this.
kakobrekla: asciilifeform not sure how this correlates , explain ?
mircea_popescu: robertmcmillan to speak you type in the little box on the bottom and hit enter
ozbot: BitBet - Bitcoin to surpass Berkshire as an investment
Ademan: well, it's been down to 0.4 iirc
diametric: How is the market cap going to be determined in that bet?
gribble: Unqualified Reservations: The Hanson-Moldbug debate: <http://unqualified-reservations.blogspot.com/2010/01/hanson-moldbug-debate.html>; Overcoming Bias : My Moldbug Debate: <http://www.overcomingbias.com/2010/01/my-moldbug-debate.html>; Bruce Charlton's Miscellany: The Leftism of Mencius Moldbug: <http://charltonteaching.blogspot.com/2013/07/the-leftism-of-mencius-moldbug.html>
ozbot: Unqualified Reservations: The Hanson-Moldbug debate
asciilifeform: 'Imagine a chess game. Now, imagine a group of kibitzers watching the chess game. Now, imagine the kibitzers begin to bet on the game. The betting will create odds. The odds express each side's probability of winning. This is a prediction market. To turn this prediction market into a decision market, we say: could we get rid of one of the players, and just have the kibitzers play the game?'
Shakespeare: so you'd be okay with an ATC mirror that simply converted to BitBets?
asciilifeform: kakobrekla: that sounds like a good way to end up playing 'moldbug's chess'
kakobrekla: well i guess that is another thing you can build on top of bbet, on the fly exchange
Shakespeare: she's selfish like that
Shakespeare: of course AltBet.us would have to come first
Ademan: it's also a sufficient PITA to buy BTC (legally) and the average person *likes* investing in HerpDerp Corp, and are no doubt frightened by there being no CEO of Bitcoin to hate
Shakespeare: to bad that bet ends so soon
asciilifeform: mircea_popescu: yes, i know of this - one time got a new job and forgot to opt out, lost a few bucks into nevernever land
ozbot: BitBeat: KnCMiner Flips the Scrypt; Sells $2 Million of New Rigs in Four Hours - MoneyBeat - WSJ
mircea_popescu: which he's not allowed to spend on normal nonbezzle items
mircea_popescu: asciilifeform because the average american owns some bezzle called 401k
Ademan: I can't wait until the absurd amount of funds on wallstreet join in the price rollercoaster
Shakespeare: oh they are SO COOL for not spelling out Winklevoss
Shakespeare: "SecondMarket Inc. is racing to open up a private bitcoin investment fund to ordinary investors as soon as the fourth quarter, potentially beating a rival offering by two investors best known for their lawsuit against Facebook Inc. FB -1.37% chief executive Mark Zuckerberg."
mircea_popescu: asciilifeform you don't understand the press do you.
mircea_popescu: alaskan husky seeks to knit sweater
Ademan: asciilifeform: Well the objectionable part of IP for me is more patent trolling, punishing independent discovery of the same thing, stupidly narrow fair use policies. I'd definitely be ok with an independent institution that tracks initial discoveries, and if the market is willing to pay more for products from them, then great
Shakespeare: SecondMarket seeks to get a call from Ms. Waxman
ozbot: SecondMarket Seeks to Open Bitcoin Fund to Ordinary Investors - WSJ.com
Shakespeare: what's this nonsense where if you direct link a WSJ article, you get a paywall
mircea_popescu: i think your cancer joke is too soon.
benderp: mircea_popescu: i know. kinda why i bring it to the sages.
mircea_popescu: benderp that's complicated.
asciilifeform: wot tells you which mouth.
Ademan: (not the perl meaning though)
benderp: so copyright and patents. do these survive the bitpocalypse?
Shakespeare: last week it was a similar price though
Shakespeare: <benderp> Shakespeare: what was the slippage on that one? /// I dunno if it'd be fair to assess considering the volatility daily, but I think the sale started about 20% higher than where it ended
dexX7: ah i didn't know that not everything was already released
mircea_popescu: Ademan kinda in the same boat myself.
dexX7: "Some of the sources are at http://github.com/trezor/. We are in the process of finalizing and cleaning up the sources and preparing a security audit of the code. We will publish the sources before shipping TREZOR to our customers."
asciilifeform: but, why should i steal all of the surprises? it's unsportsmanlike.
Ademan: not that I'll give them any money right now though
asciilifeform: although there are interesting bits that can be inferred merely from the pcb mask posted by the author.
Ademan: mircea_popescu: considering the trezor hasn't been released yet though, it hardly bothers me.
ninjashogun: are you exchanging a symmetric password with someone over this channel? ;-)
asciilifeform: dexX7: the vendor's site has a bunch of stuff but none of the actual interesting bits. this may change at some point, ask him.
ninjashogun: mircea_popescu, what does that mean?
mircea_popescu: Ademan the space between going to be and is.
Ademan: "slush said so in the advertising video"
benderp: Shakespeare: what was the slippage on that one?
Ademan: asciilifeform: I was under the impression both the hardware and software are going to be open source
mircea_popescu: i am hereby the first and probably only simpleminded psychotic peace priest.
dexX7: ninjashogun: trezor firmware is open source afaik, so you can always verify for yourself or push your own version
mircea_popescu: so til my name means Peace Priest.
mircea_popescu: carsam ^ you misspelled the domain name.
asciilifeform: ninjashogun: if you must know, the answer is no.
mircea_popescu: do you even type!
ninjashogun: asciilifeform, given that my question is whether you, specifically, will trust it - there is no way to do so other than to ask you :)
mircea_popescu: dude what's with these people mispelling sites
Shakespeare: if they dom it's certainly not satoChidice.com
asciilifeform: ninjashogun: there is sufficient information available about 'trezor' to learn the answer to this. but please do own homework
mircea_popescu: i didn't even know they had an inbox
Shakespeare: SEC isnt run by the devil or whatever, i thought it was run by perverts and sex addicts?
Shakespeare: "and an e-mail sent to a general mailbox at SatochiDice was unanswered." I wonder why!
mircea_popescu: nah, the greek girl was phyrne
ninjashogun: asciilifeform, will you trust it when it's available?
asciilifeform: ninjashogun: almost certainly not, given that it isn't commercially available last i checked
mircea_popescu: i think marlin was dollar girl
ninjashogun: (question: has trezor been audited?)
mircea_popescu: is this the same one as before or a totally different identical one ?
asciilifeform: it is largely about how tigers were hunted (written by a professional)
Apocalyptic: will get one then
asciilifeform: but the general fact behind the animals described therein is, i believe, well-known.
asciilifeform: esp. if the stake was thick (the 'dracula' chronicle i translated some weeks ago carefully specified 'thick')
asciilifeform: the 'client' would be left alone with his thoughts for some days.
asciilifeform: benderp: impalement (of the king vlad, rather than assyrian, variety) was a much more leisurely affair
mircea_popescu: asciilifeform can't blame them. it's only the past 10-20 years that you can safely go in the undies of people picked off the street.
asciilifeform: except the jerries did it in reverse
deadweasel: the ole airhose in the outhose, lethal she be
ozbot: Joc erotic terminat tragic
asciilifeform: (or rather, adjacent to one)
asciilifeform: where the germans came across a school full of orthodox jews and publicly dispatched them in exactly this way.
asciilifeform: mircea_popescu: the air compressor story is inescapably linked in my mind with Latvia.
asciilifeform: bureaucrats wanted to 'look tough' that one time.
mircea_popescu: air compressors, turns out, are very dangerous and quite lethal
asciilifeform: in the ussr, trade in (and even possession) of gold bullion was theoretically a capital opffense
mircea_popescu: i know a case of a woman that died through exploded colon because she and her coworker shoved an air compressor outlet in her ass
asciilifeform: no argument. just that some naive lost soul might mistakenly conclude that 'u.s. bureaucrats, harmless'
benderp: "hardest target in bitcoin", to quote a guy.
mircea_popescu: nobody sane would try to bite a rosehip bush.