log☇︎
79300+ entries in 1.149s
mircea_popescu: That brings me to the final point. I initially intended to teach the community a lesson about trust, I did not expect anyone to really take the bets and thus I did not expect to keep any profits. As the bets grew though, I was tempted with greed and I fell into a trap.
nyRednek: smickles, i was assuming it was a federal law, as well, due to the interstate nature of the order
nyRednek: yeah, dumping s.dice through my proxy, as well...give it an hour and it'll be a little lower
mircea_popescu: threatening a honest citizen with unwarranted prosecution if he refuses to break the law will be a tough sell as good faith.
Luke-Jr: Bugpowder: he's in New York. running an online gambling site. openly. as he writes anti-government rants.
Luke-Jr: EskimoBob: as I understand it, mircea_popescu created a phony stock to resell GLBSE shares, then forfeited those GLBSE shares for some reason at the expense of all the MPEX phony-stock holder
jcpham: time is the only indicator i have as a metric for scams
nyRednek: or just dump any securities i have that may be anyway linked with that exchange, considering that the site looks like it's run as a scam
mircea_popescu: Bugpowder actually the 14th extra dividend was in fact acquisition cash payment as per the contract
mircea_popescu: i honestly thought that the listing is probably bvps' largest asset. there is such a thing as a reverse ipo for instance.
pigeons: as it stands now
Schadenfreude: Half negress posing as soldier, what's so special about it?
dub: lots of things I work on are more punitive, ie we start paying penalties for late delivery as well as not getting paid
mircea_popescu: in general you should be able to borrow to pay a fixed retainer rather than have to offer the laywer a % as in personal injury cases
mircea_popescu: rather than as an expensive financing option.
mircea_popescu: which is moot since he;'s arguing it as a cost reduction measure
mod6: im talking about the same thing as the guy was trying to sell from BTC FPGA
Bugpowder: I totally agree with this statement "It is, I submit, a lot easier to be a star in BTC than it is in fiat, simply because so many more intelligent people (that aren’t computer programmers!) are involved with the latter as opposed to the former."
Bugpowder: shoulda got out as soon as that youtube video of him at the conference got out
Bugpowder: well, that went ok for me, although it would have been nice if the asset prices hadn't crashed as people were racing to the exits.
mircea_popescu: i have this advantage that i get high on my own neurotransmitters, as my sister put it. of course everyone wants to be friends with me.
Bugpowder: not as 'fun' but effective for focus
Dishwasha: Namworld: But the idea would be that I want my service to receive the transaction confirmation as quickly as possible.
smickles: I thought it sounded better as an unattributed quote
mircea_popescu: answer: "There's really nothing to it. Start as a billionaire and then
smickles: it's not as wide tho
OgNasty: gigavps I had a chuckle at that as well.
Schadenfreude: I'm sitting on some cash which would best be put to work as BTC, but I'm afraid I'll lose 5-10% on a price drop
gigavps: as fast as humanly possible
Ukto: as a backup location
mircea_popescu: it's not as easy as all that.
pirateat40: and as I can have multiple clients open at once
azx: same as http://betsofbitco.in/ ?
kakobrekla: no problem as far as i can see
kakobrekla: as soon as gmt time >= date
mircea_popescu: the ron actually is pretty strong, as far as eu currencies go.
FabianB: i think that pirateat40 had the same ip/isp as someone who just joined
mod6: ya.. i was wonderin if it would go the same as BFL
Namworld: Also, what about basic? As for Usagi, I'm pretty unmoved. He started getting active again and paying some BTC on his stocks. That's at least some more I'll be getting back.
Ukto: or just left it as it was for now?
Bugpowder: I tried to make it as accurate as possible
mircea_popescu: as "the people" running bitcoin.
mircea_popescu: the mob running las vegas in the 70s is nowherhe near as incompetent
midnightmagic: mircea_popescu: 15:39 < mircea_popescu> with s.mpoe acting as a sort of bitcoin federal reserve notes <-- careful making statements like that, unless you are deliberately trying to make a target of yourself.
mircea_popescu: with s.mpoe acting as a sort of bitcoin federal reserve notes
jurov: It is purely internal, to wit, the fact that you are worthless as a human being, have no point in this world and your opinions do not matter.
Schadenfreude: Ah, I assume the movie portrays commies as the good guys?
mircea_popescu: http://trilema.com/2013/why-dont-you-go-as-a-turkey/
Ukto: as a weexchagne user
Ukto: FabianB_: as I have todl the otherw
mircea_popescu: all over the place people using it to post msgs against each other, vote each other. first I was checking the website alot, to see what was there. then as things grew, so did the drama, I got tired of trying to use the votes as a usefull reference. almost all traded assets have some kind of negative mark, mud slung in their face, and its like getting opinionated scammer votes to me.
mircea_popescu: as in, basing deals off the mtgox last.
mircea_popescu: "Epic video on the way. BFL a total scam, they act exactly as scammers would and I will show you a perfect side-by-side comparison of how a real business would look at CES vs. a total, utter scam."
dub: as a present for my boss
dub: as long as theres a rubber fist
mircea_popescu: i think you weigh about the same as a duck.
Namworld: Even when accounting potential growth, it's high as heck.
mircea_popescu: not same second as i erroneously indicated at the time
Namworld: I thought people would buy more progressively as BitBet shows it can bring a cashflow.
Namworld: Breaking News: In an unexpected turn of events, MPEx is the host of a record breaking trade totaling over the total amount of bitcoins in existance. In other news, a 1 cm asteroid is heading toward Earth, which might just kill everyone in an fiery apocalyptic scenario, as rendered by our artists in the following video...
Namworld: The 40 BTC withdrawal was for that. It was going as low as 0.009
mircea_popescu: but i know i sure as heck don't want to have mpex trades stream in the same place with that dood's imaginary 1k basic "mining corp"
mircea_popescu: if presented as fact it is.
Namworld: Endorsing is not the same as hyping.
Namworld: A fact, such as a celebrity endorsing a product, can create a lot of hype for a product...
Anduck: A fad. A clever marketing strategy which a product is advertized as the thing everyone must have, to the point where people begin to feel they need to consume it.'
Anduck: " The hacking collective doesn’t consider DDoS as a form of attack and equates it to hitting the ‘refresh’ button on a webpage."
mircea_popescu: far as i know i invented it.
jurov: top 10 ideas with highest buoyancy as teh manager say
dub: I predict it will last about as long
Bugpowder: It is beneficial for the proposer to place as much capital as possible on the bet
Bugpowder: The cool thing about variable delay is that the decay basically functions as a vig for the early bettors (like the proposer)
Namworld: I'll use Google as a proxy
Namworld: Can't you at least make public announcement not require credits? Such as MPOE statements and such?
Sertuerner: Well, the bond isn't nearly as advertised as the last ponzies I saw
topace: kakobrekla: im okay if you want to take out the 7D so its the same as mpex (just 1D and 30D) or maybe mpex should add 7D :p
mircea_popescu: such as me.
mircea_popescu: "This data is not unexpected. I have been writing a great deal over the past few years about the toxic psychological impact of media and technology on children, adolescents and young adults, particularly as it regards turning them into faux celebrities—the equivalent of lead actors in their own fictionalized life stories."
mod6: for one of the orgs, the other two are now one, as one of them was absorbed by the other.
mircea_popescu: as long as you keep working things will eventually settle.
mod6: My day job is basically 3 sr. dev jobs rolled into one. It didn't go as planned, we were supposed to make a lot more money and have a staff by now to alivate the pressure
jurov: but as it hear you complaining about layout instead, all seems well :)
Bugpowder: as soon as one of the whales goes on another bender.
kakobrekla: burnsides exchange is comming as well
kakobrekla: im doing some changes as we speak smickles
gribble: Nick 'Namworld', with hostmask 'Namworld!~BTC-Minin@modemcable075.132-23-96.mc.videotron.ca', is identified as user Namworld, with GPG key id F2758D83EEEDE453, key fingerprint F12DE6B4E1EF26F5768BE918F2758D83EEEDE453, and bitcoin address 1Namjies9JeJ4ugCzjkAj6dbaWrtjAFKCk
Namworld: You allow withdrawals as low as 0.0005 BTC? Isn't that catering to small transactions?
mircea_popescu: just as it was best for mpex that all the glbse idjits hated it
Namworld: Well agreed that as a vehicle for transfer of value for large transactions, bitcoins would be ideal.
Namworld: Well there's incentive as to create and keep the small business running as long as that advantage for the owner exists.
Namworld: Your margins are lower for the business, but the profit is better for the owner. As for employees, they're probably paid a similar pay.
Namworld: Just as I see small providers competing with larger corps with better services. They still turn a profit and stick around.
mircea_popescu: go try and complain to your phone company, as a fuine example.
Namworld: Yes. But as far as I know most most brick and mortar business have to do that bitcoin or not and while not all manage to succeed at it, many remain in business, wether small or large.
kakobrekla: >>See that picture ? The poor schmucks in that picture are likely more intelligent, more dilligent and generally better human beings than Gobry. Unfortunately for them, they didn’t have the obscene good fortune of being born in this part of the world. As a result, they’re dicking around packing mud while this worthless fuckwit goes about farting self-delusions of “strategic global
mircea_popescu: in such terms as they'd be able to grasp
mircea_popescu: such as, for instance, explaining to those idiots on that article quoted why they're wrong
mircea_popescu: they're not poor as an accident of fate
Namworld: I don't see that argument as valid. As the supplier, you set the price and service provided for it.
Namworld: We don't want them, we want the business. Why is apple making so much money? For selling easy to use and elegant products. And they milk their customer base as much as possible.