log☇︎
822100+ entries in 0.93s
Vexual: yep, he buys mining equipment. dividends exist. the end
ThickAsThieves: i think it's a PMB and/or scam
mircea_popescu: what part of the "i hold my share prices" do i woefully misunderstand ?
mircea_popescu: Your thoughts here."
mircea_popescu: "For a few months now, Whilst I hold my share prices at 0.012, When I started, This was nothing, Now it is starting to be something, Whilst this is good for early adopters who have got the value back already, Is this too high for anyone else to come in?
Vexual: 7c would be a lot cooler if they were building a town in antarctica
Duffer1: 7c IPOing soon, won't get anything done for a year (while btc price triples in the meantime) sounds like another VTX
ThickAsThieves: look at those poll questions
Duffer1: i didn't even look, i read the email then deleted it when i read the 3rd quarter 2014 part
Duffer1: the 7c thing?
ThickAsThieves: did Havelock skip having a forum thread for the new IPOz?
mircea_popescu: this to me looks definitely like miners are dominating the yes side.
mircea_popescu: ThickAsThieves if you look at it, the yes side is few and mostly large bets, the no is mostly many small bets
ThickAsThieves: where are the new Yes bets? http://bitbet.us/bet/519/btc-network-difficulty-to-top-1b-before-2014/
benkay: well yeah and the whole otc lubrication of trade
mircea_popescu: benkay not too likely, it's kinda clunky
mircea_popescu: it's not like i was bored one day and invented a new thing/
mircea_popescu: how do you think options ended up existing in the first place,
benkay: i was wondering the other night how likely bitbet would be to displace formal options trading
benkay: dat topological identity.
mircea_popescu: and it has an expiration (established by the borrow)
mircea_popescu: mike_c but your contract has an implicit strike (established by the interest you pay on the borrow and the price you get on the sale)
ozbot: porsche using EMP device on Mullet Ride (to keep from being passed @ thunderhill) - YouTube
mike_c: well, that is the definition of a short
mircea_popescu: interestingly enough, any arrangement wherein you borrow bitcoin and then sell it is, in fact, an option.
BingoBoingo: This blogger is willing to offer the Senior Editor a 2,500,000 Satoshi Grant to study shorting Bitcoin or a 5,000,000 Satoshi loan
benkay: i'm intrigued by the bitbet about difficulty falling
ThickAsThieves: thats the same diff from this morning?
mircea_popescu: funniest thing i read all day.
mircea_popescu: benkay it can remain rational for even longer than you can remain irrational, is the catch
ThickAsThieves: well that aint settled yet
benkay: "the market can remain irrational far longer than you can remain solvent"
mircea_popescu: shorting the difficulty never works out
benkay: mircea_popescu, ThickAsThieves how'd shorting the difficulty work out?
mircea_popescu: truffles tat shorted the difficulty, i'll have you know.
truffles: lol TAT's a baller
ThickAsThieves: unless he wants to a secret shadowy silhouette article on me
mircea_popescu: benkay to quote one of the better lines in city hall, "You ever seen a journalist with a million dollars in cash ?"
jurov`: ThickAsThieves: can I kindly refer him to bitcoin powerhouse of TAT Investments?
gribble: A market order to sell 1000000 bitcoins right now would net 34063873.7035 USD and would take the last price down to 0.0017 USD, resulting in an average price of 34.0639 USD/BTC. | Data vintage: 16.7910 seconds
gribble: A market order to sell 1000 bitcoins right now would net 1115751.6083 USD and would take the last price down to 1100.0000 USD, resulting in an average price of 1115.7516 USD/BTC. | Data vintage: 0.0702 seconds
mircea_popescu: well... of course they don't.
BingoBoingo: mircea_popescu: I imagine he does an OTC trade in a rest stop bathroom?
benkay: BingoBoingo: his help desk dorks don't have enough btc to short and move the price anywhere
Vexual: maybe they gonna out satoshi
mircea_popescu: BingoBoingo and then he gets davout to whitelist him on btc central or what ?
mike_c: nah, his help desk dork with btc is worth more than him now
BingoBoingo: benkay: He's a senior editor. I'm pretty sure he can bully one of his help desk dorks into loaning him the coins.
mircea_popescu: or else embarks on the 6 mo to a year of lurking, reading and so on.
mircea_popescu: anyway, i would imagine guy got a good enough starter to figure what's what. at this point either he's on a deadline for the next article and well, just drops the entire thing,
jurov`: So should i just write him i have friends on irc and they will loan you?
benkay: BingoBoingo: implies insufficient familiarity with the toolchain to get in the WoT.
ThickAsThieves: and I am a Taurus after all
BingoBoingo: benkay: Still doesn't preclude getting in the WoT
jurov`: Dunno. Not in mood to investigate.
mircea_popescu: why so mean ThickAsThieves
mircea_popescu: benkay maybe because the plan is to short enough to move the price ?
ThickAsThieves: he wants to short?
BingoBoingo: ... So the Fortune editor is basically Bakewell 2.0? Can he even ident with gribble?
jurov`: Hmmmm.. that's where the lulz come.
benkay: why do the traditional short instead of playing options?
mircea_popescu: inb4 he ends up with 7k of mtgox usd he can't actually get sent to his acct and we get a forbes bitcointalk thread
Vexual: then cry to visa when he fails?
jurov`: Anyone wants to lend him for lulz?
jurov`: Oh and he wants to really short bitcoins not just buy/sell some options.
mircea_popescu: <ThickAsThieves> litecoin almost $1b <<< do you realise most fiat companies are worth less than the lauighingstock altcoin ?
mircea_popescu: ThickAsThieves sucks for the designers.
jurov`: Dunno what card, i rejected. But maybe i can actually sell the card for btc and use that to fund the acct?
KRS|gotyawallet: a lot of people are going to receive teh proverbial "sore anus" at some distant future.
ThickAsThieves: or maybe he emailed them to
mike_c: bitbars are "rare", so the price of one doesn't mean much. market cap of all them is only $600k
BingoBoingo: KRS|gotyawallet: Well, with especially failed altcoins there is not uncommonly just one holder and setting the exchange rate so arbitrarily involves a minimal amount of actual money.
ThickAsThieves: come to think of it, i kinda disagree with the premise that designers create things to look babyish
Vexual: ahh so thats why i baby talk to my vw bettle
KRS|gotyawallet: what in the fuhhh
ThickAsThieves: clients cause oodles of depression and frustration for that field
ThickAsThieves: <mircea_popescu> so basically designers should be round up and shot. <<<< in some regards, yes, but in the end a designer is paid to solve a "problem" and more often than not, in a way they would not prefer
ozbot: aussie chook laying egg - this one's a cracker! - YouTube
Vexual: i dunno what kind, theyre brown, got them from the market
dub: you are that guy from wolf creek right?
kakobrekla: thats their market cap prolly
mircea_popescu: what bar is that ?
kakobrekla: thats too much
KRS|gotyawallet: Bitcoin-Ass specials: 2 liters anal lube .003 BTC. SENSATIONAL!! 23" Monster Cock (only comes in color BLACK) made with the finest rubber and steel belts. BLOWOUT: Everyone's favorite laxitive COLON BLOW. Everyday low price .001 BTC.
KRS|gotyawallet: i think you do, but i'm holding it down
kakobrekla: i dont think thers much game in sex and btc, but if pays dividends....
mircea_popescu: I THINK I OWN ALL THE THINGS
mircea_popescu: i thought i owned that too
KRS|gotyawallet: hah cool..need to figger out an ipo for btc sex
mircea_popescu: by the way, did i mention i now own #nude ?
KRS|gotyawallet: "krs" is some cat in s.america who registered the nick
gribble: MtGox lag is 2.777023 seconds. During this time, light travels 0.0055651229989 AU. You could have sent a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
mircea_popescu: if difficulty shoots up too much at least you can eat the cheese.
mircea_popescu: now that'd be something to behold.
BingoBoingo: Could get wet though...
ozbot: S.NSA pe Trilema - Un blog de Mircea Popescu.
BingoBoingo: damagebritain: Here's more text explaining what S.NSA has planned in the near future.
jurov`: don't forget to get experts of unrelated company involved under nda
mircea_popescu: or anything else in this manner, product designers attempt to create the same reaction to a product that a human baby could create."
mircea_popescu: "By making their product or artwork display neotenous traits, designers attempt to sway people to enjoy or desire their product because it appears childish, adorable, soft or otherwise desirable. By making a product cute, the nucleus accumbens in the human brain is targeted and elicits a protective or coddling response, which encourages an individual to acquire (purchase) said item. By designing items, characters, food