log☇︎
757200+ entries in 0.448s
BingoBoingo: MAKABEakira: It is a talk of some kind. Just... when you name nobodies like Barrys and Larrys, you have to mention what they are trying to do.
Duffer1: you mean are they going ahead with SMs bitcoin exchange?
MAKABEakira: apologies i was under impression this was watercooler talk everywhere. don't shoot
MAKABEakira: yet SM's exchange launch is taken as a foregone conclusion.
MAKABEakira: nm i shdnt type while on phone. Barry Silbert - SecondMarket
MAKABEakira: is barry seibert really going ahead with this. last i heard it was a string of "we hope our partners" this and "if regulation" that, but so far, tumbleweeds
BingoBoingo: MAKABEakira: How lossy depends on the person
mircea_popescu: guy's target are people with short attention spans and limited memory space.
Duffer1: i doubt the suckers he scammed have forgotten
Duffer1: When it comes to markets and finance America is the 'short bus' that is slowing down global growth.
mircea_popescu: there's actually people who make it their business to organise a "photographic vacation"
mircea_popescu: by the way, for whoever was wtfing about all the nude shots :
moiety: why on earth is that artists exhibitions list not in chronological order? site almost gave me ocd
MAKABEakira: and no, haven't had the plesh
mircea_popescu: it is a reasonably common name, so there's a dozen or so other people by the same name
BingoBoingo: MAKABEakira: He's not the Mircea Popescu that does pottery if that is your question
dexX7: B007: well i once paid a tiny amount and can enjoy trilema probably for lifetime. that's comfort vs. "need to reset my ip now and then"
mircea_popescu: moiety "should have known", "reasonable person standard", "duty of care" etc etc. the jurisprudence is taller than you,
moiety: mircea_popescu: how to prove a publisher knew something was illegal when they advertised it though?
mircea_popescu: i mean some people are just deliberately being stupid, but in many more cases people just don't have the info, at all.
mircea_popescu: kinda why i encourage people to blog and so forth, make good info a little more accessible.
Duffer1: welcome to the club makabe
mircea_popescu: MAKABEakira this is true.
MAKABEakira: would have ff a lot of wtf if i found trilema 6 months ago instead of last month. btc infospace is a formidable fog of war for newbs
B007: why is it more comfortable to buy than to leech?
dexX7: nubbins`> the point is to make it annoying enough to make you want to spend the dollar it takes to buy credits ;p < flip the statement: it's more comfortable to buy than to leech. kinda nice approach btw.
nubbins`: this was back before wireless routers were a common thing
nubbins`: a local subsidiary of bell that you've never heard of
nubbins`: couldn't give any less fucks these days
nubbins`: was nice at the time
nubbins`: i used to be with this ISP and if you connected a switch to your dsl modem, they'd give a public ip to every connected machine
B007: and then there is tor
B007: well one of them yes
mircea_popescu: well then you're not in target anyway.
B007: it'd take far more time to accually pay
mircea_popescu: 10 secs are, for most people in the civilised world, worth more than the respective satoshis.
B007: new ssh tunnel takes me like 10 secs
nubbins`: the point is to make it annoying enough to make you want to spend the dollar it takes to buy credits ;p
mircea_popescu: B007 the point isn't really to make it impossible to get past.
dexX7: not like anyone made any effort to hide what's the website is about
mircea_popescu: dexX7 it's generally illegal to advertise illegal activities in many jurisdictions
dexX7: if "investors" want to play ponzi games, why not?
B007: mircea_popescu: your paywall on your blog is lel. and easy to get past
BingoBoingo: benkay: It's when you take a bit of coke an touch it to your gums to see if it is coke or not
dexX7: why the fuck should this be "illegal"?
BingoBoingo: moiety: Well the pirate case might touch on Thermos's responsibility as he said sure Pirate, you can start a thread, allegedly
moiety: sounds like gum bumping to me
moiety: also BingoBoingo re first comment in ponzi ad thread... theymos doesn't actually have legal responsibility in reality does he?
BingoBoingo: mircea_popescu: Maybe they need intel people for their intel department?
moiety: hey i didn't know there was a thread! didn't they take enough crap regarding BFL ads?!?!
mircea_popescu: somebody's getting screamed at today
mircea_popescu: "Marc Andreessen favorited your Tweets 11h: Reply to @pmarca If your intel dept didn't stink, you'd know all about BitBet. http://bitbet.us/ "
BingoBoingo: There was a thread in Meta, I'll dig it up
mircea_popescu: news to me, sorry
BingoBoingo: mircea_popescu: Ponzis buying ads on the forum openly is no new news.
moiety: i'm not sure how to start it i just want it. does that make any sense?
mircea_popescu: http://imgur.com/cpQEV86 holy shit, that's the end of it
mircea_popescu: if anyone wants to help dig that can't hurt.
mircea_popescu: tho i don't seem to find any proper proof, like signatures.
mircea_popescu: BingoBoingo well for what it's worth they seem to more or less have moved a bunch of coins in november
mircea_popescu: good, cause on re-read the first verion seemed to me to be making little sense if at all.
BingoBoingo: Then they forget audit is a term of art
BingoBoingo: Well, bitcoin. It's hard to tell Buttstamp knew what an audit was, other than having had one seemed like a good thing.
mircea_popescu: these considerations sink the entire thing, either way. either way they've lied, which means they can't audit.
mircea_popescu: or else, it is in fact related, and for whatever reason the respective disreputable russian group does not wish to admit to it. so it's more like a front.
mircea_popescu: these facts allow two constructions : either firestartr is simply lying, and has no relation to badoo any more than it has to skype
mircea_popescu: whereas skype, claimed by firestartr, is obviously not theirs to claim.
BingoBoingo: Well, when ButtStamp dies this fall, I reckon people outside the WoT will largely be outside of BTC forever.
mircea_popescu: also important, that same group of russian folk run a number of other ventures, which are inexplicably absent from the firestartr claims,
mircea_popescu: specifically, their claim as to be behind badoo is immediately suspect, seeing how a) badoo is not particularly a respectable venture and b) it is run by a certain group of russian folk, well known to be disreputable.
mircea_popescu: this copy fails the form test, and more importantly makes some claims, which would seem to be false.
nubbins`: BingoBoingo: yeah, you tell him that there's no way in hell and that he's wasting his time, and he tries to argue that it's worth his time and it's totally a possibility
mircea_popescu: more importantly, the purported auditor does not substantially exist. it consists of a recently registered, domain-by-proxy website, upon which some random copy has been plastered.
mircea_popescu: so, this purported audit is in very poor form, for a myriad of reasons, such as for instance it being published by the audited entity rather than by the auditor.
BingoBoingo: nubbins`: Is that ninjashogun restaurant guy still asking for money because some mystery man in #dogecoin left him hanging on hit 1337 hardware project
dexX7: well then, why not :)
mircea_popescu: i'd like to lay the thing out so it can be followed.
dexX7: i agree and i expected something such a reaction. you don't need to convince me or something
nubbins`: people are all hung up on 2011 "error coins" (series-1), oblivious to the fact that the series-2 2011s are so much more rare
mircea_popescu: so, bitstamp is this bitcoin exchange. people have been havng their doubts about it for a while. bitstamp came up with this theory whereby it's been audited.
moiety: ok. i woke up. i have no idea wtf ive been thinking for the past ....months. *new leaf*
nubbins`: so fuckin hard to find
mircea_popescu: dexX7 ok, let's go through it slower.
nubbins`: i'm trying to track down a brass 2011 series-2
mircea_popescu: dexX7 did all that coalesce into a point for you ?
mircea_popescu: someone should tell cary it's a bad idea to CONTINUE signing in the company of such doofusry.
mircea_popescu: seeing how kraken managed to fuck up deposit addresses creating a mess worth 100s of btc, that they lied about.
mircea_popescu: anyway, that aside, i appreciate the humour of jess powell signing statements,
mircea_popescu: i am saying that either the firestartr thing is an outright fraud,
dexX7: so what are you saying? do you doubt that the result of the "audit" is legit and bitstamp is running a fractional reserve?
mircea_popescu: i would like to know why other stuff like spylog or begun aren't listed there
mircea_popescu: and if they list badoo, which is owned and operated by the russian... shall we not call it online fraud division, but merely refer to it as "Андрей Оганджанянц".
mircea_popescu: Badoo is a dating-focused social networking service, founded in 2006, which uses deceptive tactics to attract new users
mircea_popescu: what the fuck parallel reality is this.
mircea_popescu: "team". whio ? they have a website which consists of... "we"
dexX7: Firestartr's team has been behind €6.7Bn in transactions over the last 20 years; a dozen trade sales and IPOs and started eight companies from scratch covering brands like Skype, Orchestream and Geneva. Our current community of ventures includes names like Rightster, Teleportd, Badoo, Pusher, Fanatix and UC4 Software.
kakobrekla: you just need to have a large enough wallet and spammer idiots will sends satoshis to your balance along with a blockchain info note
mircea_popescu: random website with a domains by proxy registration and a prepackaged css suite slapped in fails to impress.
kakobrekla: fuck i just found out that bitcoin does indeed pay interests
mircea_popescu: but some actual auditor with an actual track record of auditing.