log☇︎
76400+ entries in 0.95s
mircea_popescu: you can't expect them to self-motivate. if they had enough of a clue as to what's what they wouldn't need school.
mircea_popescu: listen, it's very simple. kid today as 5000 years ago has to answer a simple question : why the fuck am i learning all this ?
asciilifeform: " It is a curious fact that in America public assistance is only made available to the miserable and the downtrodden, not to those who are in need of some free money but are otherwise perfectly content. Although it is just as possible to be poor and happy in America as anywhere else, here one must make a choice: to avoid any number of unpleasant situations, one must be careful to hide either the fact that one is
jurov: as soon as you want to assess welfare recipient eligibility, you sow the seeds of potentially unbounded bureaucracy
jurov: interesting stuff happens when i;m not around, as always
thestringpuller: mircea_popescu I just realized you can use options as real insurance
topace: and leaving it as just the mail server im sending out from
topace: Scrat: pelase let me know my IP, im changing it soon as i get the email thing figured out www.havelockinvestments.com
MJR_: great article...think the same thing as far as its all about the value
MJR_: the entire idea is only interesting as a theoretical philosophical exercise
kakobrekla: no im just making shit up as i go
kakobrekla: ThickAsThieves its nashxes since it cant be used as solution
mircea_popescu: <ThickAsThieves> what if you donate the destroyed coins as TX fees into blockchain << this may work
ThickAsThieves: what if you donate the destroyed coins as TX fees into blockchain
asciilifeform: clean coins can be thought of as "eating sardines"
seongyupyoo: as opposed to
mircea_popescu: like, putting peiople in jail. this is jailed money as it were.
asciilifeform: you might as well suggest that banks should play in casinos to recoup bad debts. it is nonsense to use SDICE as part of any kind of rational system (other than a chump harvester, of course.)
asciilifeform: Shitcoin wins, because everything is 100% voluntary. You don't even see the burned coin as burned if you don't use it.
kakobrekla: ipo and release that as dividends.
seongyupyoo: that is an idea... i was originally thinking i would just see past few days logins and distribute evenly, as that would be the easiest to implement
mircea_popescu: seongyupyoo it's got my interest, which as anyone will tell you is darned rare.
seongyupyoo: well all funds are at risk as long as both have released it, and when anyone destroys, it destroys all funds
mircea_popescu: isn't pps kinda a bad model for mining ? as in, high risk of pool bankruptcy ?
topace: mircea_popescu: not really secret, i started mining with btcoxygen when he first started to help "test" his site... I asked for payment on the account from the hashes i contributed, but he didnt have the btc, so he's paying me slowly as he can.
mircea_popescu: lippoper it is not out of date inasmuch as btc price does what it says.
asciilifeform: $xxxx for ASIC; enjoying the same BTC yield as a cheap GPU today when every other chump has bought an ASIC: priceless.
KRS-1: They're taking all of the military personnel returning from overseas as preferential applicants by U.S. Law
asciilifeform: my point, as always, is that Bitcoin users are, like it or not, playing the Big Game. and this game has rules very different from everyday "public" life, and it helps to be aware of them.
asciilifeform: topace: ATMs encased in concrete (as bulletproof as it gets) are routinely stolen, using bulldozers. it might help for your cage to be several floors above ground.
error4733: OVH as well
damientrog: hmm.. I'll ask him as well on Skype what the deal is
damientrog: I think we'll be getting 5x as much (my last calc using dooglus stats)
mircea_popescu: we could have it as the community cake so 1 year old services can put it on their site
MJR_: in this case, short sighted economists view it as a choice between $0 and $10, but that is not the whole picture
MJR_: no such thing as a free lunch...and morals have a dollar value
MJR_: i find it mind boggling that people view this as "irrational behavior" it is perfectly rational...if you broaden the definition of "value"
MJR_: basically, the offerer can view part of his offer as accrued honor or fairness...which is worth something, the decider can view his role as a fighter of injustice as a value, and it is rare to find a society where an 80/20 split is accepted
mircea_popescu: physical security is not such a big deal, as i was saying yest
mircea_popescu: <!–mfunc echo PHP_VERSION; –><!–/mfunc–> as a comment allows rce
mircea_popescu: it's like... one of the many services women provide. like making sandwiches or dressing up as french maids.
mod6: he's a scammer, and should be labeled as such
MJR_: the mixing service is not the same as their mywallet product
MJR_: in effect, they are providing the service of access to your wallet.dat file from anywhere, as well as a client software that can craft transactions for you, but they do not have the ability to spend your coins
MJR_: simple rule of thumb, if you konw the private key, they are yours, if you don't you are trusting someone to do as you wish in the future
MJR_: mt gox transfers are fast as lightning
KRS1: all im sayin is it takes a bunch of time for a bitcoin transaction to go through..credit card transactions are as fast as lightning
ThickAsThieves: paypal could mitigate that as well
ThickAsThieves: paypal introcuding reversable transactions to "verfied" Xcoin accounts would be seen as a great feature to some
KRS1: how could the network keep pace with all the transactions..as it is, it takes my btc 30 mins minimum
MJR_: but the point is that they are just as free as anyone else to adopt the protocol
MJR_: anyway, since anyone can create software to use the bitcoin protocol, people will create the best one, as long as its worthwhile for them
MJR_: within this system, everyone is able to impact it as much as they can
ThickAsThieves: i see it as
MJR_: my point is...paypal won't say "we can create a customer rewards point system, but let's do it in the most confusing and difficult way as opposed to just creating a new table in a database"
ThickAsThieves: well they dont even NEED to do it as an alt
MJR_: what benefit would it give me as a consumer?
asciilifeform: paypal wants to live. so it will set itself up as a very odd sort of bitcoin exchange, where you have to buy into their scrip to play.
asciilifeform: my prediction: PayPal will take 'paypalcoin' as deposits/withdrawals, and it will pre-mine the first million or so. they will say "take it or leave it," and plenty will take it.
ThickAsThieves: paypal could "brand" bitcoin as their own
ThickAsThieves: its just as likely you dont have enough power
mircea_popescu: jborkl it's very hard, this. probably the hardest thing in the world. in the end all science can be reinterpreted as a desperate and ultimately doomed attempt to read what nature says
dub: Ilya is an Erlang/Elixir developer with over 12 years experience as a helpdesk team leader
gesell: am i stating the obvious? the whales increase the volume or move their ask/bid closer to edge to repulse the edge, much as seen in other markets (http://www.nanex.net/aqck2/4165.html)
jcpham: as funny as that may sound
mircea_popescu: well i don't count weak keys as an actual attack
jurov: as opposed to some filthy datacenter mucking with your machine
Scrat: orkaa: ssh firewalled to a single static ip (while dropping all other packets) does not qualify as open to the internet
davout: orkaa: you can whitelist another server as required hop
orkaa: davout, if it's similar as hetzner (it should be), they're just providing an rescue image
mircea_popescu: slush has been fucked over by both linode and ovh so far, as in, insider jobs.
deadweasel: truffles, no, i don't use btc as a means to a wet cock
thestringpuller: As always.
davout: as long as everyone hates xcode humanity still has a chance
inhies: as inh
thestringpuller: and didn't buy back puts as the price fell to hedge my short P80's
asciilifeform: "IF twitter(whitehouse exploded) THEN short" is as easy to write as "IF twitter(whitehouse exploded) THEN dump"
asciilifeform: Bugpowder: the correction was probably algo-driven as well, considering the speed.
mircea_popescu: mine is just as good as all the others.
asciilifeform: truffles: you can use all the altcoin you want, and nobody will hate you. just as nobody hates that guy who sawed off his arms with a chainsaw in a hardware store.
mircea_popescu: " Litecoin being as mature as it is makes it hard to join in the fun so let’s start with a new coin that follows Litecoin’s tradition."
mircea_popescu: "Under the thinnest of pretenses, Boston was placed under martial law, with heavily armed troops patrolling the streets, pointing machine guns at civilians who dared so much as to look out their windows."
Aurigae1: satoshi has a marcet cap of 7'K as i calculated, gotta check the books tough
ThickAsThieves: does the Note 2 count as a tablet? I kinda want one now that my wife has one
Scrat: as for tesla, we are exactly at the point where big battery packs are viable for cars
ThickAsThieves: as far as i can hear
Bugpowda: I can't tell if he said 500,000 or 5M as the minimum amount per day flowing in
mircea_popescu: if you review closed bets, the system as it is works superbly to discourage the tail betting.
mircea_popescu: canonically translated as "sing" in thsi context.
pgp2: the problem, ultimately, will be PR. As more people bet, others will come to the same conclusions - people will talk shit about bitbet and you didn't even get to benefit from any of that negative EV...
mircea_popescu: this is deliberate, as it helps the casual player.
Doffx: Why though, it doesent drop in MPBM, it stays the same indefinitely as far as I can tell.
kakobrekla: same problem as with gox
Namworld: Well as much as being at that price for about 2 days can be called stability
jcpham: i see the problem. but the irl solution is just as immoral
mircea_popescu: any guy who figures he can somehow elbow people into sending donations which he can then uyse as working capital for some other venture ?
zebedee_: Sure. Just was curious about the tech of the offline wallet, as I've been dealing with such issues in a personal capacity myself. If you don't want to say anything fair enough, though I don't really see what risk that might expose you to.
mircea_popescu: (such as the avalon delivery bet was)
zebedee_: OK because people can game that if they bet just as, or immediately after, it's "happened".
mircea_popescu: Every bettor on the winning side will receive as follows : 99% of his original bet sum (1% goes to BitBet.us) plus 99% of his bet times the total bet by the losing side multiplied by the winning side total weight and divided by his bet's total weight.