772600+ entries in 0.534s
BingoBoingo: Things like gox fucking with order matching
though need
to be considered in
these bets. Anticipating SatoshiDice would probably not be listed on MPEx for
the full length of 2013 make pushed me
to put a whole BTC on S.BBet being worth more back in February.
mircea_popescu: BingoBoingo i can't find people
to
take
these easy bets with
BingoBoingo: Well, if Gox keeps
their order matching shennanigans up
BingoBoingo: cazalla: It actually looked better days ago when I pointed it out
to KRS-One
BingoBoingo: Well, a lot of roads I have little occasion look much more impressive
than
they used
to. Doesn't offer much utility
though.
mircea_popescu: and so... you know, economic recovery. we've hired more people
to do nothing, go us.
mircea_popescu: there are entire career paths financed on
the public dole which consist of nothing but pretending like
the crap matters,
mircea_popescu: greenspan_fan well, it's like in any socialist state : some people go along because
they hope
to get something from it,
chetty: does any real person care what
the SJ crowd does/says?
greenspan_fan: is it really? or is
that just something
that everyone pretends
to value because
the alternative is constant broadsides from
the SJ crowd?
chetty: womenz in
tech is an angle??
mircea_popescu: play
the "womenz in
tech" angle for maximum butthurt later on.
mircea_popescu: go identify who
the guys involved are, send girls
to fuck each of
them,
BingoBoingo: greenspan_fan:
To my knowledge
they process applications in batches. Kind of like
the Army except without
the filtering
to keep bona fide retards out of camp.
greenspan_fan: I
think it would be worthwhile
to apply w/
that idea, like a startup version of
the sokal affair
greenspan_fan: I already have a
tagline:
the world's newest profession
BingoBoingo: The original assass contains interesting
things.
The lesser assasses AOL it up.
BingoBoingo: I
think we should replace
this "content aggregating" with pankakke's brilliant
term "assass"
greenspan_fan: I worked at one point for a place
that was getting into social media, but once you're out of
that sort of giddy milieu it just doesn't seem like it's much of a priority
mircea_popescu: greenspan_fan
the self-perception of importance is pretty much
the whole of
the compensation.
greenspan_fan: if all your "employees" work for free,
then everything else is profit
greenspan_fan: I
think you underestimate how easy a content aggregator is
to run
BingoBoingo: Eh, at least Gawker has some elements like Fleshbot
that could survive. Huffington post and Buzzfeed
though, lack even
that.
greenspan_fan: because
the self-perception of influence is part of
the compensation
greenspan_fan: I wonder if
the opining actually shapes matters, like, at all?
mircea_popescu: but hey, you know. cocksuckers making enough
to pay for either
their own coffee or
their own sugar opine on matters.
BingoBoingo: A half a Bitcoin is pretty sweet.
The equivalent in shitbucks not so much.
mircea_popescu: half a bitcoin a month on average. how's
that for a bonus.
mircea_popescu: fun fact : back in 2008 (ie, as
the crisis hit) denton suspended
their bonus package.
mircea_popescu: nah,
that's one of
those venues which gets blacklisted in integrum.
BingoBoingo: mircea_popescu:
The gawker rag Valleyway (the one with hedgec0k) has been running some lulzy bitcoin stuff you should probably have one of
the girls archive.
mircea_popescu: all
this derpage re @wesuck or whatever
that
thing's called reads
to me a lot like "o hey we here at dead-fiat-ventures wish
to make a last stand against
this evil bitcoin empire"
moiety: yep exactly what
they
thought
BingoBoingo: Well
the sufficiently paranoid could assume a bug was sewn into
the cat.
moiety: it had been missing and
turned up one day randomly where it shouldn't have been, so
they got all suspicious of it lol
moiety: i
thought it was hilarious when
they accused
the downing street cat of being a spy
moiety: was not disappointed! lol wiki has a pic of
the rabbit "swimming away from
the President" ffs lol
moiety: lol! i didn't know about
this "incident"
moiety: she's fucking feeding
them!
ozbot: S.MG - Eulora v0.0.4 pe
Trilema - Un blog de Mircea Popescu.
benkay: is
there a bitbet on capitulation?
mircea_popescu: i suppose maybe maintain
the appearance of
things working in
the eyes of complete noobs for an extra... hours ? coupla days ?
mircea_popescu: if you put an order
to sell
they'll just delay it until someone bids enough.
mircea_popescu: ;;later
tell bloctoc
there is oyur answer : it stopped dropping because
they've stopped executing orders under X value.
BingoBoingo: Then
there's
the part where M=0 stalemates exist.
BingoBoingo: Sure, but
tightening
that upper bound gets messy. Even 16 queens block each other, restricting movement.
mircea_popescu: it also includes basic crafting and skill
training and harvesting and recipes and stuff.
greenspan_fan: "if you want a picture of
the future, it's us collecting a 3%
transaction fee... forever"
greenspan_fan: it's a question of economics-- is subverting a cryptocurrency worth more
to you
than profiting from it?
BingoBoingo: Depends on who finds
the shortcut. If someone manages
to math in a way
that a GPU hashes like an army of buttfuries,
they may just quietly collect coins. coins.
mircea_popescu: look
throguh
the math
there, do your own calculations.
greenspan_fan: as an example, if you were paypal, could you afford
to design, build, and power enough asics
to wreck
the network?
ozbot: Things
that matter
these days ;
things
that don’t matter
these days. pe
Trilema - Un blog de Mirce
mircea_popescu: the computational cost of
the network has been calculated, on
trilema, it was scary back
then. it's way worse now.
mircea_popescu: people are currently desperate
to buy stuff
to wreck
the network with
greenspan_fan: how much would it cost
to get enough hashing power
to wreck
the network? how long would you have
to disrupt
the network before it becomes far less valuable?
greenspan_fan: the
things I'm
thinking of are either flaws in
the protocol, flaws in
the software, concerted regulation or an attack via a sufficiently powerful adversary
greenspan_fan: the uncertainty comes from
the second part, because it's a new protocol and it's difficult
to predict what might impact your ability
to exchange it
greenspan_fan: btc will continue
to be valuable because it has previously been valuable and
there's
the expectation
that, over some acceptable
time period, you can exchange it
chetty: yeah you have,
the use
today of whatever you stored
chetty: storing value is actually a bet isn't it?
That
there will be a future
to use it in.
mircea_popescu: <asciilifeform> idea being, gold was never purely a long-term store <<<
this will need fleshing out.
mircea_popescu: threowing a virgin
that way once or
twice is sensible.
mircea_popescu: roughly we're in
the situation of "dragon moved in hillside next
to village"
mircea_popescu: not
that
there's anything wrong with
trying anything and everything on
the beast.
greenspan_fan: trying
to define why something is valuable is hard enough without also restricting
the ability
to spend it