log☇︎
751600+ entries in 0.479s
moiety: i totally agree with mike_c i think it would be a really interesting good thread ninjashogun go for it
Perlboy: ninjashogun, no they are typically promoted either a) Because they stroked egos and didn't create any issues [or covered them up to people who would be concerned] or b) Were found to be incompetent but were stuck in the organisation so were promoted to a position where they couldn't fuck things up
mircea_popescu: davout are you trying to get me in trouble with the law ?
mike_c: ninjashogun you should expound on this topic at length on bitcointalk.
ninjashogun: moiety - I've worked at government agencies. My God! The inefficiency. It was horrendous.
ninjashogun: Perlboy - you say that, but the 'shit' skils that let them 'float' are vitally important to the companies they're at. They do more for the mission than most lines of code that are written at most organizations.
benderp: ah davout thou art a scholar
mircea_popescu: people generally overrepresent the importance and power of corrupt government.
ninjashogun: moiety - are there that many incompetent managers in the world though? Don't nearly all of them produce hte basic results they're there to do on some level?
Perlboy: if i did such things in australia i'd start waiting for the black helicopters
Perlboy: mircea_popescu, ok, nice article though i'm glad there's someone like you able to push back
ninjashogun: benderp - maybe a few years ago I would have said that ;-)
mircea_popescu: anyway, not going to comment on that particular wrinkle further.
ninjashogun: I'm not Icahn, there to criticize a $74B company (eBay) when he couldn't run a company any better.
Perlboy: you were talking to asic?
ninjashogun: I thnk a bunch of companies "suck" and are "idiots". I hate paypal and wish it would die. But I don't actually SAY that, or actually SAY they're incompetent.
moiety: please tell me that was also sarcasm ninjashogun
ninjashogun: moiety - fair enough. I should have been clear that I was being satirical, and not using my own definition of competent. I think basically 100% of people are competent at what they do.
moiety: that;s going to happen when you hit enter in here
Perlboy: mircea_popescu, nice article http://trilema.com/2014/interacting-with-fiat-institution-a-guide/ just a slight comment "(unfortunately the Australian equivalent of the US SEC has been uniquely unhelpful in this matter so far).". Patrick Harnett appears to have a +64 number which would make him NZ :)
moiety: and im responding to yours
ninjashogun: I was just responding to benderp's statement
moiety: ninjashogun: imo, you get people competent and incompetent in every field. competence is not something that comes with status. There are plenty of incompetent management in the world
moiety: eww mircea_popescu no one wants to see that much of their or anyone else's boss
benderp: i blame the incompetent teachers.
benderp: ninjashogun: all the reading in the world, and look at the shitshow that's resulted.
ninjashogun: no they can't. You just said only a vanishingly thin percentage of "everyone" is competent.
mircea_popescu: dorks have their own shortener to paste their links about how a spurious ceo is ending cancer by shoving things up his butt live on cam.
moiety: people can be competent at producing food, building things... all the things you said ninjashogun
mircea_popescu: i would say this is the definitive example.
ninjashogun: No, it's not ridiculous. By any definition of "competent" for which benderp's statement holds true (" a vanishingly thin slice of everyone is competent, and everyone else is constantly justifying their incompetence to themselves and each other.") it is absolutely true.
ninjashogun: Most American teachers are "incompetent". Yet America has a near 100.00% literacy rate.
ninjashogun: benderp - suppose you removed everyone from the world who is not "competent". You would be left with nobody making your clothes, producing your food, building your highways, collecting your taxes, installing your Internet connection, or keeping any of the factories, buildings, schools, infrastructure, going.
benderp: mircea_popescu: more credence accrues every day to the notion that consumer organizations accepting bitcoin only do so as they begin to circle the drain.
moiety: "... has since opened TRG..." excellent! :/
benderp: nonsense ninjashogun. a vanishingly thin slice of everyone is competent, and everyone else is constantly justifying their incompetence to themselves and each other.
ozbot: NAKED TRUTH – POST EXPOSES OVERSTOCK ALLY | New York Post
moiety: mircea_popescu: http://log.bitcoin-assets.com/?date=18-03-2014#564811 feck... you're not counting weird links and imgurs in this are you?! ☝︎
dexX7: i give luke much credit. he may be a troll (it's only what i heard several times), but his pool is remarkable for the different transaction policies and the only one to push non-standard stuff..
benkay: he's no troll - 100% authentic!
benkay: BingoBoingo: just the best troll this channel has ever seen.
benkay: you'd probably know better than i.
BingoBoingo: benkay: What was his deal anyways. That's like the fifth person I've been accused of being this week.
mircea_popescu: i thought tiberius was a girl.
benkay: BingoBoingo is actually tiberiusxiv
BingoBoingo: Well, it is always important to point out this is the record
mircea_popescu: (last line in response to BingoBoingos comment, ftr)
BingoBoingo: Maybe jimmothy is Thermos, or nefario?
dexX7: i sent him a bait some weeks ago, but he didn't take it
mircea_popescu: the name is satoshi. who is this andressen
mircea_popescu: what bullshit is this quoting "andreesen"
ozbot: Blockchain.info (bIockchain) on Twitter
Shakespeare: "The participants could then each do a standard algorithm to generate consistent state. This might seem like a fantasy, but Byzantine algorithms like Bitcoin [Andreesen 2014] and Namecoin show that such systems are possible today."
Shakespeare: soundtrack to that mark pic is Under Pressur
asciilifeform: and, finally, his moment arrived! von Kármán surrendered his orange ticket, took a deep breath, and said, "God, explain turbulence." Theodore von Kármán spent the rest of eternity burning in Hell.' ☟︎☟︎☟︎
asciilifeform: 'Aerodynamicist Theodore von Kármán died and went to heaven. In his registration packet was a bright orange ticket. Said Saint Peter, "You may get in line to ask God Himself one question." von Kármán ran to join the far end of the orange ticket queue. It was a long line, a *very* long line. Eons passed by and, sure enough, eventually in the distance he espied a giant glowing throne. More eons passed by
mircea_popescu: afaik no serious work has been done on that so far at all.
mircea_popescu: not ure what you mean by that ?
praeconium: mircea_popescu: what do You think of indexing alts?
praeconium: Bingo, I am really a bit more into talking with existing crowd.. :) but nice idea.
mircea_popescu: "we could if we wanted to", obviously.
praeconium: Random Walk is there, I don't look into getting model right :) I just want to implement my ideas.
mircea_popescu: nubbins` note that they have sequenced the human genome, but haven't figured out the winglets.
mircea_popescu: that said, more effort poured into that can't hurt anything
nubbins`: you just need to build vestigial fly wingstubs into your model to account for turbulence
mircea_popescu: which you won't likely, because it's a lot harder to predict turbulent flow than any one other thing
mircea_popescu: roughly speaking, the risk of the exchange goxing you is high enough that your quant profits are irrelevant
praeconium: mike_c: thanks.
BingoBoingo: praeconium: Your best bet may be making #bitcoinquant then lurking here and directing interested people to your channels
dexX7: there is a company that offers a quantitative model about btc (if that's the correct wording).. let me see, if i can find it
jborkl: btc-e has metatrader - I have not used it though
praeconium: mircea_popescu: but don't You think that many new ones will trade with similar patterns to old ones upon introduction or change of diffculty etc?
praeconium: I used rtbtc, but they used mtgox API
mircea_popescu: praeconium there was a guy by the name of herbi, doingsimilar things
jborkl: rtbtc was good, but the serviced gox and bitstamp
praeconium: I am not really a quant, I know some basics and have knowledge of finance.. not so complex, tbh
praeconium: I am mainly interested to see how they go about acquiring hist and realtime data since there is so much variety.
mircea_popescu: you're too early to trade on quantitative models.
praeconium: Thanks guys, I already got goxed so that was enough for now :)
jborkl: mtgox-troll would be the best
jcpham: is that a thing still
jcpham: people still talking about mtgox?
benkay: bit trolly from time to time, but hey it's irc
dexX7: praeconium: ##econometrics seems to be the most "professional" one re: investments and bitcoin, about bitcoin trading talk there is #bitcoin-pricetalk + #bitcoinmarkets
benkay: praeconium: try ##econometrics
mircea_popescu: i guess that didn't work out then
BingoBoingo: benkay: Sure, but for some a physical campus with ammenities like horsehair robes and doors locked from the outside can provide motivation
praeconium: Is there a channel where people trading on quantitative models talk?
praeconium: Do You trade other coins? I know I am not in right channel..
praeconium: mircea_popescu: thanks.
mircea_popescu: "Subject: These users are now making more money in 1 hour than in their 9-5 dead-end job" "What could you do with $106 an hour?" << my spambox rules.
dexX7: praeconium: maybe this http://www.cryptocoincharts.info/v2/main/table
BingoBoingo: "They were asking for voluntary cooperation. All he had to say was "no thank you." You can bet if they had any legal or authoritative standing they wouldn't be asking they'd be taking/demanding."
mircea_popescu: hei guise, what the fuck does that toxic mean ?
mircea_popescu: "Based on the toxic and self righteous writing style, i'm pretty sure it's him. He would never admit it though, as the account has always made fun of anyone calling it a man."
BingoBoingo: asciilifeform: Getting the scale right, etc
asciilifeform: afaik nothing stops you from printing a self portrait and using that today.
BingoBoingo: asciilifeform: I'm kind of wondering why it isn't standard already. One's own face ought to offer better anatomical context at the range than those circles
mircea_popescu: i thought it was all about penile projection
asciilifeform: BingoBoingo: cheap led vga projectors are common now, i imagine very soon you'll be able to project your face on the target at your local target lane.