log☇︎
777000+ entries in 0.507s
WillTablet: ThickAsThieves: so in order to make a good decision one has to look at what other people do and where that got them?
WillTablet: If confusing teenagers is this fun, I can kinda see why teachers do it
mircea_popescu: so you are, you'll be forever remembered as the goldstain of some views you didn't even hold.
WillTablet: So any investment is just defined by how its used? Like if all pound coins but one in the world was destroyed, the one pound would become worth more than jhst a pound?
mircea_popescu: and there's no such thing as "views".
mircea_popescu: and who uses them, and for what.
ThickAsThieves: all these coins are just coins, and what makes them different is how people use them, whether they use them, etc
mircea_popescu: Chris_Sabian_ your mistake here is to proceed on the wholly prepasterous cads worldview, whereas that which matter doesn't matter, and that which is left once you're done ignoring what matters can then be counted.
WillTablet: ThickAsThieves: not helping that much
asciilifeform: cads: tons.
cads: asciilifeform: are there more in the collection?
ThickAsThieves: youre trying too hard to fit it into a box, but it is a box
kakobrekla: WillTablet its the 15th standard.
WillTablet: However, I'm guessing the altcoins were a lie
Chris_Sabian_: TAT - so the only thing different about Altcoin is the name?
WillTablet: ThickAsThieves: I don't follow this
ThickAsThieves: that there doesnt need to be one for everything to change
WillTablet: What is the point?
ThickAsThieves: that's not the point
WillTablet: Are yoy trying to make a point here? That altcoin is just another random coin that will never be used?
ThickAsThieves: <WillTablet> Wonder what they mean by virtually priceless? /// so do we
benkay: asciilifeform: what is this from which you're quoting?
ThickAsThieves: <Bugpowder> Where is the alt faucet? /// is this needed for proliferation you think?
cads: is it john cleese making the speech about the wobbles?
mircea_popescu: cads you know monty python ? the "there goes the neighbourhood" sketch ?
asciilifeform: us: 'go with peace. and had you not spoken to me of the ducat, you would sit on this same stake as the thief.'
asciilifeform: ' and ordered that in the whole city the thief be sought, 'should you fail to find him, the city shall perish.' and ordered the same night his old gold placed on the cart - with one added duacat. morning came, the mechant counted the gold, and counted again, then exclaimed: 'i have my gold again, but a ducat is extra!' and then the thief was caught, and the stolen gold brought. spoke drakula to the merchant th
asciilifeform: 'came once from the hungarian lands a merchant to the city of drakula. and, as is custom at his court, left his cart on the city street in front of the house, and his wares - on the cart, and himself went to sleep in the house. and someone did steal from the cart 160 gold ducats. the merchant came to drakula, spoke to him of the missing gold. drakula answered, 'go, this same night you will have your gold again.
mircea_popescu: he'll prolly have to fuck cockroaches for all eternity.
ThickAsThieves: <WillTablet> ThickAsThieves: could you do so tomorrow maybe? I'm supposed to be in bed ATM, and am /// yes just find me whenever
cads: hmm, what is this land beyond the wobbles?
benkay: save the houries for chaang-noi
mircea_popescu: many hurias await thee in the land beyond the wobbles.
mircea_popescu: curious what cads reads off that story :D
mircea_popescu: benkay it's not really belonging on the list. let people do their own charity personally.
asciilifeform: circa 1486. "Сказание о Дракуле-воеводе." translation mine. ☟︎
mircea_popescu: help create the world you wish to live in.
WillTablet: Does that mean worthless?
benkay: it's nice seeing y'all hash through the requirements of launching an altcoin
WillTablet: Wonder what they mean by virtually priceless?
asciilifeform: rself, these people are martyrs. so i wish to make you a martyr, be in the company of your fellows.' and ordered him sat upon a stake, but the other monk, sent with fifty golden ducats back to the hungarian borders, 'you are a wise man.'
asciilifeform: re martyrs!' drakula called in the other monk and asked him same. he did answer: 'you, lord, are called by god to put to death evildoers and reward the virtuous. as for those upon the stakes, they wrought evil and were justly punished.' drakula spoke again to the first monk, 'why did you leave your cloister in the monastery and walk about the courts of great lords, if you know nothing of the world? you said you
asciilifeform: "came to drakula two catholic monks, from the hungarian lands, pittances to collect. he ordered them brought apart, and called up one, pointed to the yard, where one could see many sat upon stakes, or on wheels broken. he did ask: 'was i just? and who are these people, sitting on stakes?' answered the monk, 'no, lord, you do evil, killing without mercy; a lord must be merciful. and those sat upon the stakes - a ☟︎☟︎
Bugpowder: Where is the alt faucet?
Bugpowder: I knew I should have bought on the dip below $600...
ozbot: Image View - TIS
pankkake: well, x-bt API is annoying. need an api key even to get trades
Bugpowder: ThickAsThieves: I got my dad in at $20, he exited at $80, happy to make $60k.
WillTablet: ThickAsThieves: could you do so tomorrow maybe? I'm supposed to be in bed ATM, and am
Duffer1: .bait brought to you by Altcoin
benkay: so how do we get the atc ticker in -assets?
ozbot: X-BT - The new marketplace for trading Bitcoin with Litecoin, Namecoin and Altcoin
pankkake: https://x-bt.com/markets/atcbtc trades happenin!
mircea_popescu: WillTablet he's trying to be me, don't take it to heart.
kakobrekla: Willy The Kid
ThickAsThieves: WillTablet go here and install the wallet www.therealaltcoin.org
benkay: yeah hey mircea_popescu give the kid some atc
Mats_cd03: in fact... trade all your buttcoins for atc
Mats_cd03: buy some atc, its the hot new thiing
benkay: acquire more, don't burn the ones you have.
benkay: and you won't need it to learn the important stuff about not losing your shirt.
WillTablet: shouldn't be too bad, no
benkay: it's not that bad :)
mircea_popescu: either that or set theory.
benkay: the most complicated thing you'll ever encounter in most practical investment problems is time discounting of money WillTablet
mircea_popescu: if you gotta pray to god for investment purpoises better make sure you pray to the god of the jooze.
Mats_cd03: i pray to god for investment purposes
WillTablet: benkay: does it involve anything more that grade 10 maths?
benkay: WillTablet: far more difficult than when we were taught, but hey this is the real world.
benkay: WillTablet: learning is free these days. take advantage of it.
WillTablet: Might get the pdf as parents would probably be like wtf investing
benkay: if you can't make it through them, you're not ready for the markets.
benkay: and Buffett - the Making of an American Capitalist
WillTablet: Are they heavy reading?
pankkake: ThickAsThieves: yeah, it's a high level of full of shitness. I hope nothing comes out of it, because the real motives probably aren't good
benkay: WillTablet: there are two books for you to read before you put any money into the market
mircea_popescu: asciilifeform eu : we will say all sorts of things in no relation to what we actually do. it's what built rome.
ThickAsThieves: seems like an awful lot of trouble to not solve spying
WillTablet: They have a market simulator though I suppose the psychological effect is different if its not real money
ThickAsThieves: "We'll talk with France about how we can maintain a high level of data protection," Merkel said.
asciilifeform: EU: 'we'll build separate net. and run more winblows. our road to victory.'
WillTablet: So basically, the best thing to do with my bitcoins is to forget about them till I see on the news oh BTC is worth £4000 now
benkay: the internet isn't going to teach you anything about investing except via exceptional losses.
Mats_cd03: whats going on with these tx inssues
ThickAsThieves: and did they?
ThickAsThieves: question, did any of you tell your parents to buy btc?
benkay: they'll take it from you when they're old and dying anyways.
asciilifeform: (end of trans.)
nubbins`: rat fuck, i like that
asciilifeform: drakula ordered the man sat upon the stake, taller than others: 'high is this place, you will live free of the stench there.'
ThickAsThieves: lend money to parents?
benkay: why are you doing that?
WillTablet: I'm actually lending money to them atm
asciilifeform: and plugged his nose and turned his head. lord asked him, 'why do you this.' answered he: 'cannot endure the stench'.
nubbins`: but bitcoin gives my portfolio all the volatility that i need
ThickAsThieves: tsla is a pretty nicely volatile stock to play with
asciilifeform: translation: 'once dining under the corpses of men, those impaled on stakes, many sat around his table, dining among him and in this taking plasure. servant of his, placing food before him, could not endure the stench,
ozbot: Merkel, Hollande to discuss European communication network avoiding U.S.
benkay: some into us treasury bonds
benkay: if you want to learn investing, borrow some money from your parents WillTablet and put it into Tesla.