785400+ entries in 0.574s
nubbins`: i mean, fucking eskimo bob was
telling people not
to buy
them
nubbins`: oh yeah, people lapped 'em up despite people SCREAMING
that
they were bad ideas
mircea_popescu: read
the forum sometime, people really
thought it's
the path
to glory.
nubbins`: srsly struggling
to understand here
nubbins`: so... you offered a cheaper
turd
to undercut
the
turd salesmen?
mircea_popescu: pmbs were generally recognised
to be dog
turds back
then about
to
the degree hearn is recognised as a dog
turd
today.
nubbins`: were PMBs not generally recognized
to be dog
turds back
then?
mircea_popescu: very disruptive, especially as nobody readily imagined such a
thing can even exist.
pankkake: the goal was
to short
those assets?
mircea_popescu: if your credit is better
than
the issuer's
this
then gives investors incentive
to buy your synthetic rather
than
the original, starving scams of cash.
nubbins`: benkay: pmb, yep, i've got
that much
mircea_popescu: nubbins` a synthetic was a relatively retarded construction, sadly made necessary by
the very opaque manner of conducting "business" employed by
the glbse muppets.
nubbins`: indulge me with
the elevator pitch?
Luke-Jr: IIRC, had he shown up, and we made
that
trade, I'd have made a profit in
the month he was MIA
mircea_popescu: it doesn't necessarily have
to be X or Y
to be epic you know.
Luke-Jr: I was at no point under an oblgiation
to sell what I got back
to him at market price.
Luke-Jr: benkay: I had no obligation
to "pay".
nubbins`: nevermind
that, what's a "synthetic copy" of an asset?
Luke-Jr: mircea_popescu: we agreed
that I'd sell him <n> BTC for <n> USD at a future date. he never showed until like a month later demanding I just pay him some amount outright
benkay: luke claims
that because his counterparty didn't file claims within some window of
time he was absolved of his obligation
to pay.
Luke-Jr: mircea_popescu: why do you like
to promote lies and scammers?
B007: mircea_popescu: I can't even read
that
benkay: furthermore,
that project is on hold.
benkay: not epic at all. barely 4% of
the way
through known assets.
nubbins`: the btctalk
thread is a bit light on detail
mircea_popescu: they're different
things,
the f.pure.synth was a synthetic copy of puremining,
the glbse asset run by rosi manifold or w/e
the jew's name was.
mircea_popescu: nubbins` how's pure.synth related
to
the hash options
tho ?
nubbins`: i was
talking with someone about
this
the other day
nubbins`: ah, hey,
there's an MPEx asset in
this list
copumpkin: well, indirectly, in
that money I stole from you
copumpkin: B007: he bought me a bentley for supporting him in
the early days
mircea_popescu: indicative of Nefario's future behavior: "Thanks for your ideas guys, I'm going
to wrap
them all
together and not pay out
the bounty".
B007: mircea_popescu: likes
to party with lsd
nubbins`: i had
TWO pens hemorrhage on me
this week
B007: nubbins`: especially in
the heat
nubbins`: you should see
the last
thing i drew
nubbins`: B007,
the ink does occasionally have seizures
B007: it looks like
the ink had a seizure
mircea_popescu: is
the band name "butterfly
that snorted coffee grinds
thinking
they're lsd" ?
nubbins`: this is for a band
t-shirt, in
the meantime
nubbins`: bubbles will either go completely or
take over
the rest of
the page
mircea_popescu: with a skin infection or w/e is going on
there off
to
the left.
mircea_popescu: that looks like a butterfly
that snorted coffee grinds
thinking
they're lsd.
nubbins`: benkay, anything can get published,
trust me
ozbot: imgur:
the simple image sharer
benkay: how'd
that get published!?
B007: Education is having
the abilty
to learn
Duffer1: there's no way
to reasonably guess who will win, i don't
think
that bet will see much action :P
Duffer1: for us proles volatility is a
threat atm, whether its more a
threat
than inflation is your choice, all eggs in one basket = bad
punkman1: "Dangers are sum like a kold bath, very dangerous while you stand stripped on
the bank, but often not only harmless, but invigorating, if you pitch into
them."
B007: mircea_popescu: I
think you have a bunch of 14 yr nude selfies now
B007: but is it safer
than
traditionally fiat?
B007: I wonder how
the creater feels about all
this
nubbins`: B007, what do you want
to buy with btc
that you can't?
nubbins`: mildly confused every
time it doesn't happen
B007: I see some might consider what I asked
to be stupid
nubbins`: honestly, i'm waiting for
the day when i show someone a concept and
they just ask me what my fucking problem is before walking away
mircea_popescu: B007 it's not
that exclusive, but you gotta ask questions
that can be answered.
nubbins`: you know, i honestly wonder sometimes when people give me carte blanche for designing shirts for
their band
B007: I
think I just walked into an exclusive club
nubbins`: all
things are cyclical, some cycles
take longer
than others
lewicki: it is, after all, hard
to get it into your own mouth without some help.
mircea_popescu: and
they
thought surrealism was a 1920s
thing. ha! i say.
nubbins`: i'm picturing
the canadian
team showing up in snowsuits for
the next summer olympics
nubbins`: i'm sure
they
thought so
too when planning it
nubbins`: team from bermuda (1 athlete, good for him!) wore red shorts for
their uniform. outdoor stadium in russia in february.
nubbins`: it was easier when it was just
the onion
jurov: you know
the responsible dude was found dead already?
nubbins`: we drank and counted
the number of families
that were condemned
to death by
their relatives fucking up
their parts in
the ceremony
nubbins`: pretty heavy on
the russian beat-off
tho
nubbins`: so
the opening ceremonies were quite
the spectacle
mircea_popescu: jurov
there's a variety of available attacks if
the rng is badly biased.
nubbins`: always looking happy can be a curse
tho, look at dolphins
nubbins`: i saw
those guys in an attenborough-narrated doc once
jurov: wut? you roll
them million
times and derive a secret key from
the differences from mean?
nubbins`: sorry state of affairs,
those pips
mircea_popescu: just by looking at
them i can
tell you
they're at least 0.1% off
jurov: and now mircea's pics are suspect,
too :D