814500+ entries in 0.514s
pankkake: of course, because
they haven't been actively misinformed yet :)
thestringpuller: What Bitcoin really needs is a central bank
to stabilize its value. When
the demand for Bitcoin goes up,
they need
to print more
to keep it from skyrocketing.
That is,
they need
to decide whether
they want Bitcoin
to be a Ponzi scheme for
techno-libertarians or an actual medium of exchange.
pankkake: the "prices fell during
the depression so prices falling is bad" is so… how do you even logic
pankkake: that's not what I meant KRS. I specifically saw it was new, but it has nothing new, and
the same broken arguments were exposed before
KRS|Gotyawallet: pankkake date on
that article makes it almost exactly 12 hours old
mircea_popescu: i see
that, what i read is "i am a noob, hear my uninformed convictions and care enough about my worthless persona
to set me straight"
pankkake: I feel like I have read
that article
ten
times already
pankkake: so
that diff bet is pretty much done? :(
pankkake: new litecoin version failed
to replace a "Bitcoin" string
gribble: Next difficulty estimate | 1104677340.74 based on data since last change | 1186210790.64 based on data for last
three days
thestringpuller: Litecoins grestest long-run scam ever
to deploy worms
to steal btc?
thestringpuller: everytime I install litecoin related software it's all Kapersky is all "MALWARE DETECTED, WARNING SOMEONE
TRYNNA STEAL YO BITCOINS"
kakobrekla: one more reason you need humans
to do it
kakobrekla: anyway as
the workforce gets cheaper i dont see why you wouldnt see hand written spam for a non outofthebox codebase sites
mircea_popescu: internet epeen competition. "save
the whales, power your compiler".
kakobrekla: well, you can hand power a dynamo and use
that
to power
the compiler.
mircea_popescu: but my point is... so some kid gets out of school in june and wants
to become a man over
the summer.
kakobrekla: im
thinking, XVII + nineteen would prolly stop him
ozbot: Perfect money corrupts absolutely pe
Trilema - Un blog de Mircea Popescu.
azoo: btw when u
talk about richeness you're again relating it
to $$
mircea_popescu: well...
they're all rich except kako. he just drives very expensive cars.
azoo: yeah I mean
the site itself would drive off anyone not fammiliar with
this stuff
mircea_popescu: so what i mean is...
they still meet
the quals, in spite of so much changing in
the interim
mircea_popescu: strangely enough,
they all also knew one of python/perl/bash, had gpg sigs and are now rich.
azoo: but its a pain in
the as as well as you also can understand I suppose
azoo: this is what i like about
the site
azoo: tho its quite pricy now
that BC rised so much
azoo: mircea_popescu: yes i've read about
that sutff just now and it makes more sense
mircea_popescu: azoo you familiar with
the concept of "qualiified investor" ?
azoo: i
think i fall into your category of idiots as i am still wondering if
the 30BTC fee is a joke,
troll, serious requirement or all of
the
tree
pigeons: should make an exact mpex clone with no new functionality just charge 5%
to view it in a bootstrap
template
mircea_popescu: well see,
the idea is
that people
to whom it looks weird don't get
to buy.
azoo: yeah i've already went
to read
the FAQ once
mircea_popescu: she never called mpex stuff a scam, and
that's everyone.
Duffer1: are
there any instances where she was wrong?
azoo: who are you guys
talking about
KRS|Gotyawallet: This is just
the beginning it seems..and i
thought
the offerings were maturing, we're
turning
the dial back
to flat out retarded.
Duffer1: i hope you inlude
that xxxprofit guy lol man.. what balls
mircea_popescu: so prepare a large mug of coffee, set your poppers
to poppin' corn etc.
mircea_popescu: mpoe-pr just completed a 3 month long project of going
through
the forum and picking out
the places where she called out a scam, people called her fud and
then it
turned out she was right.
mircea_popescu: upon rereading, KRS|Gotyawallet you realise "lmao fucktard" didn't mean you but
the quoted kid.
Duffer1: and
they don't even know you're actually
trying
to help
them by paying her
to do it
mircea_popescu: mpoe-pr sells lithium soda. our noob is more likely
to ignore her.
BingoBoingo: Lol, Maybe someone ought
to sell Lithium Soda for BTC
mircea_popescu: and
that's all, it
took
three weeks. next month, new guy hears about bitcoin.
mircea_popescu: after all, he ain't socially marginal for nothing, he's socially marginal because he has mental habits
that don't promote success.
mircea_popescu: so by now he's ripe for
the plunder. makes some "investments" on
the power of social proof, gets raped, gets depressed and gets
to hear from all
the (few) people in his life about how he failed again
mircea_popescu: within a week he's put most of his available cash into it, and is getting
to a manic phase
mircea_popescu: within a day he's bouight some, and spends
the next few days not sleeping enough and reading bullshit sources a la reddit.
mircea_popescu: anyway,
to get back
to
the prev point,
the way it usually works is like
this : muppet (usually young, ambitious, socially marginal character) finds out about bitcoin.
mircea_popescu: noob puts on pope hat, makes blood-curdingly stupid general statement with all
the authority of stupidity.
KRS|Gotyawallet: Here's
the part
that gets me:
The proof-of-work would be switched
to
the signature of our private key and we would set up a server
to produce one block every 2 minutes.
BingoBoingo: I'm actually amazed by how often I'll run into people on lesser channels who have been
trying
to make milk come out of faucets for months
then emerge after having done no reading for a year
to ask "Why do faucets pay less?"
mircea_popescu: BingoBoingo it's not
that anyone forgot. it's
that nobody of
the idiots going for such
things makes it long enough
mircea_popescu: asic is not efficient, not really, cause you'll need
to add memory bus and a bunch of clocking and so on
BingoBoingo: I'm just impressed how quickly people for got it. Like people forgot SolidCoin was a
thing RealSolid did. Or
that Vircurex was "hacked"
twice and now wants
to pay interest on deposits...
KRS|Gotyawallet: not sure if
they would have
to use a jit
translation before prossessing or not
though
mircea_popescu: BingoBoingo i know, i know. just pushing
teh button a little :)
BingoBoingo: mircea_popescu: I believe
the reading from
this spring was he an Artforz were GPU mining on launch, so not pre-mining but something similar.
ozbot: BitBet - LiteCoin (LTC)
to over $1B market cap before Jan 15
mircea_popescu: "It is possible
to do scrypt with a fpga, so
that implies asic is possible
too."
ozbot: S.NSA pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: it's a company
trying
to make various gizmos. currently working on a gpg secure usb stick
azi_: mircea_popescu:
thanks. can you explain what
this S.NSA
thing is?
azi_: last
thing I got was someone saying I am confusing somethig
azi_: can someone paste
the recent chat I got DC'ed
mircea_popescu: but
to give you a proper sense of proportion : when s.dice delisted from mpex, it was actually announced it got sold off, rather
than lie about it a la havelock. and
then mpex investors got paid on
the delisting.
Apocalyptic: azoo, you're mixing 2
things up,
there's no mpoex but mpex and mpoe