log☇︎
77500+ entries in 1.085s
mjr_: is bitcoin valuable as an idea? yes
ThickAsThieves: same thing as last time
mjr_: if you can't see the gas station analogy as price advertising
ThickAsThieves: as in buyers, bots, sellers, etc
chmod755: big news about cyprus.... a country with 300,000 citizens.... as a EU citizen nothing has changed for me during the last 5 years
mod6: i expected someone as smart as yourself to know the differnce
mod6: im using it as a simple example dickweed
ThickAsThieves: they lead thru buyer using it as spot, thru bots using it, thru asset exchanges using, thru chart reports using it
tiberiusiv: its simple as that, and there were no willing buyers to pickup that size
mod6: there needs to be a few more exchanges with just as much or more liquidity and volume which don't race eachother to "a bottom" but just find a happy stable price amongst themselfs
tiberiusiv: its the within the same range as all the other exchanges
ThickAsThieves: but they arent used any less as a price
ThickAsThieves: sadly people use gox as indicator
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
mircea_popescu: a well, as long as people are willing to put btc in that people deserve to.
Bowjob: might as well play dice to get those unrealized profits back
mircea_popescu: anyway, as best i can determine the only workable mixer paradigm is what mpex employs :
mircea_popescu: well, it's not practical to run 100% security, as is always the case
mircea_popescu: as no two addresses are ever going to be joined in inputs
tiberiusiv: as i predicted
mircea_popescu: you can run bitcoin in such a manner as to not include more structure than unrelated pairs, ever.
mircea_popescu: you're presuming key information is included as plaintext.
mircea_popescu: is that btc peaked at 75, JUST AS S.DICE.
KRS1: cads: thats cool idk what you meant ..its all good..just came in for some mt gox market wisdom wanted to sell btc before the market dips as all markets do
Bowjob: You are showing your outward anger because you know you make close to no sense. If anything, this statement is worded vaguely enough that it should be considered a bad bet. The bottom line is that if you go by the betting statement wording and the dates, there are two batches under pre-order. Good attempt to sway betting action by writing a ridiculously vague statement, though. Read the betting statement word for word as it's
mircea_popescu: there's such a thing as too much attention, and so forth
cads: KRS1: aww that's cute how you treat mircea_popescu as the BTC godfather
cads: using BTC and its derivatives as the lesson ground and the tournament ground for the students
cads: mircea_popescu: I see it as a low entry cost into a promising finance research field
mircea_popescu: so the more people thinking about it the better, a fertile field as it's called.
cads: and what must they do, from a decision making standpoint - average investors make decisions based on gut. Do these investors use quant as well?
cads: I may even mean that as a compliment
mircea_popescu: mpex stands as an insult to the intelligence of the average voter.
cads: mircea_popescu: as of this moment what I see when I look at mpex.co is a hellacious mass of legal jargon smattered with quantitative data readouts :)
mircea_popescu: tiberiusiv about as safe as upstate ny.
mircea_popescu: that's the charter as it were
mircea_popescu: or you mean, the rage as to what's a good something to pretend you're doing these days ?
cads: I have a couple professors as school which I am prepared to bug about how we may build options valuation on top of BTC options
benkay: same as the old kind.
benkay: "no salaries will be paid as an expense"
jurov: AMC stands above all others as the most trusted ASIC Bitcoin Mining Cooperative and ASIC Developer.
benkay: "we will also be buying shares of asic miner as they become reasonably priced"
mircea_popescu: "Later update : The article originally used the word “photochop”. This is wrong, because the more photoshop is consistently used the closer Adobe gets to losing that trademark through it becoming generic. Please help the effort of stripping Adobe of its assets by always referring to altered images as “photoshops” rather than anything else. Thanks."
ThickAsThieves: as bitcoin uptake increases in the world
smickles: if anything price lags behind diff as the miners try to sell at profitable rates, but for a while, i think most miners have not been cashing out. so it's not a good metric
ThickAsThieves: so do you guys think the trend of btc rising with mining diff will hold as we spike higher on diff?
Bowjob: we need a skilled swordsman as his second though...
Bowjob: as a result, i go opposite of his forcasts
jurov: 100,200,500 as i said already :DDD
mircea_popescu: i think deprived does it as a hobby
mod6: or if it'll even work as advertised
mircea_popescu: MJR__ yeah. in some broken environments however (such as, the web) you're desperate fgor air however
tiberiusiv: not to mention they are using the CAD dollar as a unit of account vs BTC
mircea_popescu: the idea is to not squish down as it were
mircea_popescu: ie, that the spectrum available includes the zone you as a customer need
mircea_popescu: MJR__ as far as i can see, the job of the provider is to ensure you don't get squished.
MJR__: as stated on mpex FAQ
mircea_popescu: as demonstrated in snatch
mircea_popescu: as long as you don't connect it to the net ever, what's the worst that can happen ?
asciilifeform: mircea_popescu: hope you'll enjoy having him as the sole client, then
mircea_popescu: asciilifeform even if he had, it'd hum just as nicely.
mircea_popescu: yes well, if you define the purpose of the net as "exchanging research papers" then it's totally hydropizic.
asciilifeform: mircea_popescu: you speak as if that's evidence of effectiveness
mircea_popescu: as the tech matures.
mircea_popescu: as you well observe.
mircea_popescu: as in buncha hipsters ?
mircea_popescu: This week meets more stagnancy of deploying. But in the last few days we poured 0.5TH/s into our mining farm as the installing of power cables in the new place goes on. The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.
mircea_popescu: asciilifeform jesus christ that sounds as a complete rewrite of an article i wrote in like 2010
mircea_popescu: but at least that's a folk remedy here as well
Namworld: You don't have to tell people it's dead weasel. Just label them as reverse aging pills. Sell them for 2 BTC a piece since it's very complex chemicals...
mircea_popescu: they're obviously rebuilding soviet era russia, might as well
deadweasel: but my feelings are as I have stated
mod6: just, same as usual??
Namworld: As for verifications... well pretty much any documents can be forged.
tiberiusiv: when the most prosperous middle class in world history emerged and that was with a civil war as well
tiberiusiv: and declines with it as well
tiberiusiv: i dont own alot as i dont like the 30mil market cap
tiberiusiv: as a fund?
Bowjob: if it reaches high enough price, trading btc for fiat will be a seen as a shit move
dub: did he try to sell any idiot being able to arm themselves to the teeth instantaneously as a good thing?
mod6: lol, thats almost as good as the japaneese police with their whistles.
mircea_popescu: you probably get some deals over there and you take that as a basis. which isn't a basis.
mircea_popescu: as in, you couldn't replicate what counts as a "normal" diet here in the us without 10k a month
mircea_popescu: tiberiusiv yes, they're cheaper inasmuch as they're made in jersey, and thus only german by name.
mircea_popescu: you're approaching the problems of infrastructure as if you're a salaried peon.
mod6: well, im not in the category. im in the "unwashed masses" category, as mp calls it.
Namworld: With discounts for very large volumes, it works down to as low as 0.5% but you have to trade 2500+ within the last 120 days
Namworld: I use cavirtex to buy/cash out BTC as needed.
mircea_popescu: there's never going to be a "proper" font of rights, and consequently any statement as to their origin is pretty much the same thing.
dub: politicians here go to great lenghts to disguise any religious leaning as it would be political suicide
mircea_popescu: as a show that if you fuck this one his daddy's prolly gonna have your arse.
mircea_popescu: but nobody had the authority to ban smoking, or invent pedophilia as an offense
mircea_popescu: pretty much everyone agrees democracy = disaster, as in, wrose than tyrrany
dub: we're just too shit as individuals to make it work
mod6: (19:46) < smickles> mircea_popescu: and smokers << this is ironic as obama is a smoker
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
tiberiusiv: as they lose them to scams
tiberiusiv: as i said earlier, less then 0.1% of the bitcoin users qualify for BTC loans as first you need a BTC derived income
tiberiusiv: I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay.
smickles: >95% of those turned out as outright scams