log☇︎
794500+ entries in 0.58s
ThickAsThieves: "altcoin" is in the works
truffles: gotta turn on the sad music to go with sad mood amirite
mircea_popescu: to the degree it's "torture"
truffles: pankkake why's that
mircea_popescu: basically the one thing people most hate is being exposed to other things.
mircea_popescu: what else, they make some modest woman go about naked. torture of all hells. yet other women love being nude.
pankkake: I would probably like it… I dislike happy music though
mircea_popescu: kinda funny, if you think about it, how "torture" = enforced enlarging, in this case. god forbid you listen to some music you don't normally.
mircea_popescu: you they probably torture with arab koran chanting, or with nun music
pankkake: maybe the torture is confusing music genres
pankkake: > torture
mircea_popescu: yet the "community" and it's "press" fails to print in two inch letters "Hey! We have a guy here that's two years smarter than the best of the USG. That's why you're fucked."
mircea_popescu: i like how the research office simply restates the MP stand on the matter back in 2012,
mircea_popescu: http://cascadianhacker.com/blog/2014/01/12_crs-on-btc-notes-and-jokes.html << o look, even the deconstructivist approach on quotes.
ThickAsThieves: maybe one day i'll twitch it for you
truffles: TAT id like to see your writing style, ure prob funny
mircea_popescu: these pretzels are making me thristy.
ThickAsThieves: wait, isnt that why we're here?
ThickAsThieves: i dont write nearly enough to hope I'd be good at it, but maybe I read so much it's possible
ThickAsThieves: incidentally that is one of my ideas for a blog title "So Meta"
mircea_popescu: "The Ethereum wiki runs Mediawiki, a tool that seemingly lacks any sort of page indexing, leaving me no choice but to look at all recent changes to all pages for the past thirty days to even get an idea of the scope of writing that's been put into the project." << benkay does this, then complains about forum.
ThickAsThieves: then newbs will be like what are these altcoins i keep hearing about!?
mircea_popescu: the guy with the "unspendable" millions that he spent
mircea_popescu: proof of stake is kind-of the retarded concept of that original scamcoin, what was it
ThickAsThieves: "NXT – Proof of Stake and the New Alternative Altcoin"
ThickAsThieves: bitcoin magazine isnt done with the derps
mircea_popescu: yea well, you still got the words together naked.
wao-ender: vov, ten bets, nice
kakobrekla: ok ill take a look at some point
wao-ender: It's trick!
ozbot: All 15 candidates now officially in presidential race - The Slovak Spectator
jurov: kakobrekla looks like it came from there: http://shrani.si/f/2x/cK/1RC6vAo6/tooltip.png
mircea_popescu: i like it. saves me a lot of typing.
kakobrekla: gime the text and ill look at it
jurov: if/when you fid the unicode problem, ask wao-ender for the text
mircea_popescu: "Humans inevitably want to be a part of a thing. Mostly they want to be led into glorious battle by strong men, but since men no longer lead and battle is not a thing, humans now coalesce into writhing, headless balls of worms in the traditional socialist style of leaderless leadership."
mircea_popescu: kakobrekla that's the good tooltip
kakobrekla: anyway re tooltip, it will even do you a newline http://shrani.si/f/2x/cK/1RC6vAo6/tooltip.png
mircea_popescu: "Vitalik understands growth hacking, and got himself a landing page. It's got that modern, professional, single-pagey look the kids all love, and takes in emails. There's even a countdown to the Revolution beginning, although it's entirely opaque as to what precisely is Revolving other than Satoshi in his grave."
mircea_popescu: it's actually the backstop function of government.
ThickAsThieves: whats that?
mircea_popescu: moreover, you can arguably have ops w/o speculation, dubious and sickly as that may be
ThickAsThieves: indeed, TSLA did not actually become $20 more valuable in a few days
mircea_popescu: kinda their problems we're discussing
mircea_popescu: yeah but see, the convenience of financial speculation is built on some people actually doing operations at some point.
ThickAsThieves: or, I buy TSLA at 165 and sell at 185
mircea_popescu: then you do the paperwork etc.
mircea_popescu: then engotiate a price. that's a month or two
mircea_popescu: think about it. you wanna buy a house. you do dd. that's a week if you're mercury himself.
mircea_popescu: you can't run corps on a two week horizon. just getting a sale throguh is longer than that.
mircea_popescu: what's short term here, two weels ?
ThickAsThieves: just a slice in time
mircea_popescu: well... he was saying short term too.
ThickAsThieves: not on full timescale
mircea_popescu: a ok. so... not that easy to outpace it.
ThickAsThieves: i said short term
ThickAsThieves: i read that conv mp
mike_c: like the february difficulty bet?
the20year: The only hope that I have looking forward, the reason investors back us is because our company can arbitage low interest rates in fiat to then repay them in a manner that *hopefully* will outpace bitcoin
ThickAsThieves: <mike_c> bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation <<< it's not that simple
the20year: And that would be one of very few examples where it would work ,as long as they can keep their coding fees low
mircea_popescu: i guess we managed to conserve purchasing power parity or what was the line ?
ThickAsThieves: anything that appreciates in value 10% while bitcoin only moves 2%
mike_c: bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation
mircea_popescu: we just went through this with herbi yest.
the20year: no one would agree to it, additionally no companies would be willing to pay their employees entirely denominated in bitcoin without caveats that would essentially link it to fiat
ThickAsThieves: there are plenty short term investments that could outpace bitcoin
benkay: good luck getting btc-denominated rent, the20year
the20year: But that goes with every single investment in the world that isn't specifically buying bitcoins and holding them
the20year: That's the unfortunate thing with any bitcoin investments, if bitcoin continues to rapidly appreciate
jurov: he is turning them into brick and mortar
mike_c: the20year: you are turning bitcoin into $, which i think is a bad idea.
jurov: er..in fact i'm not. today is opex
jurov: lol at least for today
ozbot: MPEx: The Missing Manual 7 - Bonds and S.MPOE stock - serialized delusions
benkay: there are words, aren't there?
benkay: in the meantime
benkay: well someday when i'm endowed with a reasonable amount of capital i'll pay someone to fix it
mircea_popescu: anyway, YOURS suck more because of the pagination you use which is ugly!
mircea_popescu: mine keeps them forever.
mircea_popescu: but i cant contropl how long your browser keeps tooltips up
mike_c: clicking on them disrupts the reading flow too much
mircea_popescu: want me to hide your back button too ?
mircea_popescu: so click on the thing wtf am i to do
mike_c: 2) you can't fking read them because they are long and they disappear before you can read the whole thing
mircea_popescu: you hating on the #8217 ?
benkay: mouseover text is always broken
benkay: yeah your footnotes suck too
mike_c: said the pot to the kettle
benkay: not the criteria.
benkay: how is that a bad bet?
kakobrekla: dont give me that look, i just dont like misinformation
mike_c: KRS1: yeah, that's the point. don't invest in a company that is going to use the funds for R&D or have fiat-based returns.
mircea_popescu: yeah, until people start doing this, after which there will be a 5% fucking fee.
KRS1: Because like the article states, "At what point over the last two years would [actually using the money] have been a good idea?"
kakobrekla: why shutup is true
kakobrekla: or make a rejected proposition and fund that
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_mix-your-coins-for-1-bitbet-as-mixer.html << benkay you don't even need to do all that. just make odds-neutral bets on already existing propositions.
mircea_popescu: as opposed to the burdened world of fiat, where useless substitutes take four years+ and deliver no actual value.
mircea_popescu: let us rejoice we still live in a time when it's humanly possible, and it doesn't even take a full year