775100+ entries in 0.507s
cads: mircea_popescu: math
that kicked my ass 2 years ago is now super
trivial, and yet
the math
that's kicking my ass
today still seems
tough
cads: And
the difficulty of
the math you're currently studying assures you feel like an idiot presently.
jurov: bitcoind does cause 10mbit+ spikes, if someone with ssd pulls
the blockchain from me
cads: blah I hate how easy hard math
turns out
to be after a couple years of study.
That makes you feel like you were an idiot 2 years ago.
jurov: up 46 days,TX packets 1728363356 bytes 1580097315893 (1.4
TiB)
Mats_cd03: i wonder how much bandwidth
the network consumes
jurov: that's all i need
to know
jurov: Mats_cd03: for me it makes clear difference
that my
txs propagate nicely
mircea_popescu: i suspect it's one of
those
things like wearing condoms
mircea_popescu: the
trollbox may have some value, but
that value is not visible in how much doge goes for.
mircea_popescu: you going on about how
the
trollbox is worth
thousands of btc because some scammer somewhere
traded what he purpots
to be 1% of some crap with himself at an implied valuation of fiddy billion
mircea_popescu: if one day btc-e pulls a vircurex and lists itself as an asset, and pumps
the price like
they do
mircea_popescu: there is absolutely no relation between
the content bs and
the acquisitions/mkt cap game.
mircea_popescu: " make billions of market captilization / acquisitions, and all
they do is hold onto content
that users have put
there willingly under a license
that gives"
mircea_popescu: you have a large number of mistaken assumptions baked in,
tho.
cads: not a lot, but enough
to be worth studying
mircea_popescu: cads so basically you'd like
this
to be worth a lot is what igather.
cads: to
them
they don't even notice if I get slashdotted. For me it might
take me out of business for a day.
cads: their marginal cost is so much smaller
than mine
cads: if I was making a revenue stream
the latter sounds ideal, but of course I understand
that my revenue stream would be even _bigger_ if I syndicate my content with youtube.
cads: So
these billion dollar valuations are all due
to
the fact
that people are
too stupid
to run distributed media channels or protest a bad contract clause and are willing
to sit
through advertisements.
cads: The big social media aggregators - facebook,
twitter, youtube,
tumblr, basically make billions of market captilization / acquisitions, and all
they do is hold onto content
that users have put
there willingly under a license
that gives
the corporation full rights
to
the content until it is deleted by
the user.
cads: I mean, stupid shit like
this live actions reenactment
that got umpteen million views and pays
the living wages of some internet famous douchebags, while putting 80% of
the revenue into
the coffers of youtube.
cads: and it's also hard for nintendo
to
tell youtube
that some 12 year old kids' world record playthrough of pokemon needs
to funnel back some ad money
to nintendo
cads: I don't
think it makes sense
to pretend youtube does anything other
than make money off of other people's (chumps) content
cads: I mean, youtube was acquired in 06 for 1.5 $bn of google stock. In
the mean
time google has grown
to from 400
to 1200 a share. Suppose youtube grew proportionally with
that and it's valued at $6bn. However youtube has grown far beyond what most people imagined. A 2012 boast from google values youtube at around $56bn.
jurov: and wants
to be a president
jurov: and we have MP who lives off air and exchanges love with aliens,
too :D
ozbot: In election year, Romania debates giving human rights
to dolphins
mircea_popescu: this proposition is frequently revisited but empirically always shown
to be false.
mircea_popescu: cads so you're saying
that
the owner's profits from
the franchise are dwarfed by
the various leeches' ?
jurov: doubt
these executives were female
jurov: hahaha what wikipedia has
to say: According
to Margaret Loesch, CEO of
The Hub, revisiting properties
that had worked in
the past was an important programming decision, influenced
to an extent by
the opinions of
the network's programming executives, a number of whom were once fans of such shows.
cads: mircea_popescu: my claim is
that media distributors like youtube and facebook profit from hosting
this unlicensed community created meme content, which is
typically considered much more entertaining in itself
than anything like
the cartoons, dvds, or plushies made by
the company.
cads: Namworld: but
the advertising revenue from people sharing memes?
mircea_popescu: so
the owner made like 400mn
total, and
they sell a lot of crap other
than
this stale meme.
Namworld: Advertising revenue is easy
to quantify...
cads: we have
to look at aqcuisitions of large media providers like youtube and
tumblr
mircea_popescu: Hasbro Reports Fourth Quarter and Full-Year 2013 Financial Results and Declares an Increase in Quarterly Dividend
to $0.43 per Share
cads: Well like pageviews -> $s it's hard
to quantify. It's a non-monetized
time waste with leeches sucking at each juncture, so I'm not sure where
to begin speculating on
the profit
jurov: i do remember
them, it was a biggie for some
time. fortunately i was not allowed much
tv
then
cads: and how it's come
to pass
that corporations profit off of
this content as if
they made it, just by hosting it
cads: the really astounding
thing with
this and other memes in general is how much actual work goes into creating and distributing, discussing, criticizing, 'debating' memes.
cads: jurov: I dunno, ponies were never in
the male culture growing up, at best I would have seen commercials
cads: I myself know entirely
too much my little pony stuff
to not be afraid.
cads: I've got another friend and she has a brother
that has an actual pony stamp
tattoo.
jurov: i guess
these males got it inflicted upon
them in
the 1990s when original ponies aired
Namworld: jurov, I
thought bronies were mostly little girls under 10 and guys 30-50.
cads: jurov:
there was
the case of
the 30-something
that was fired from his job.
mircea_popescu: but moreover
the prevalence of pedophilia is such
that it look smore like
the bitcoin hash debit
than anything.
cads: jurov: I'd hope
the mass majority are
teenagers
mircea_popescu: which is how i got
to hear about it,
the anthropologists keeping
track of
the decay of
the us cultural space noticed
that it's not just
that holywood can't make a film
that's not either a very bad socialist
tract or else a drug chain
jurov: bronies are middle age? i
thought it's
teenagers
cads: that's about it, except behind
the scenes of course
there's all sorts of disgusting pony porn and yeah, I
think you hit it on
the head
mircea_popescu: ie all
the people who find child porn either
too expensive,
too risky, or
too socially inacceptable
to directly discuss.
cads: these are "bros"
that love my little pony.
cads: My little pony was a failing
toy brand
that was rebranded by
the hasbro corporation into a moe cartoon series called My little pony: friendship is magic. It was aimed at little girls but featured good writing and character design and pretty soon had a huge fan base of "bronies"
cads: mircea_popescu: so 'moe' is a style of anime synonymous with "cute" and "budding" charachters
that you want
to lovingly "protect", and it's very popular with young girl audiences and middle aged male audiences.
cazalla: so you can't compare
the 2
things
Duffer1: i don't know if
there's support for
that statement caz hehe
cads: cazalla:
they're both products
that are being enjoyed by an increasingly long
tail of originally unexpected users
mircea_popescu: so bascially in
the 21st century middle aged men are mentally infantile.
cads: in
the 21st century, little girls and middle aged men alike love ponies.
cazalla: yeah but i don't have
the
time for mmos anymore like wildstar
Duffer1: some people dedicate lots of effort and money into fucking
things up
cads: It would be hard
to mess
that up.
cazalla: shame
they are yet
to make mmorpg for pokemon
cads: along with
the multinationals feeding off of
them.
cazalla: i need
to finish
the latest one
that came out
cazalla: not sure if he still follows it,
this was during uni for him
cads: everyone in
the pokemon world is hearing about
this if only because it's been
tainting
the pokemon memes.
cazalla: we don't
talk lol, not for years
cads: wow, definitely show him
this
cazalla: not sure if it still stands,
this is years ago
cazalla: btw my brother had
the WR for fastest complete
time for pokemon red on
twin galaxies
☟︎ cads: In
the chat room (which is a regular IRC chatroom operated by
twitch.tv)
the broadcaster placed a bot
that would interpret messages from players as key presses: players may register
to
the site
to go on
the chat and
type "up" "down", "a", "b", etc.
cads: It's a completely absurd social experiment. Someone created a video feed of a pokemon game, and fed it
to a well known distributor of live videogame video feeds,
Twitch.tv.
cads: today it reached a new high - 75
thousand people mashing buttons desperately
trying
to get past what would normally
take
two minutes for a single player.
cads: Wow
these poor pokemon bastards have been stuck in a maze for 24 hours now.
herbijudlestoids: to be clear, if
the RoR is 1%, its fairly valued, or slightly undervalued.
herbijudlestoids: mircea_popescu: worse
they present
the data as if it was clear cut
that now people like salsa more
than ketchup, but
there is probly algorithmic/computational reasons more
than historical ones
chetty: its never
the
tools fault
herbijudlestoids: if you
tell me something i dont understand, i will question. not
to defend my existing view, which im happy
to discard given evidence.