log☇︎
824100+ entries in 0.529s
benkay: lower barriers to entry mean lower quality of entrants
Duffer1: it's impressive just how bad they ended as well, virtually worst case scenario for all of them
dexX7: what i think is shocking is that so many things ended bad.. chinese exchanges, inputs.io, basic-mining, labcoin, picostocks, bitfunder..
mircea_popescu: the truth of the matter is, scams are nearly magical, in that they manage to take in people seemingly irrespective of iq etc.
mircea_popescu: tsk tsk.
Duffer1: he's probably got too much material for blogs posts about that anyways :(
Duffer1: do you have any articles about noobs that lose everything?
mircea_popescu: i've yet to see a leeter feed than trilema.
KRS1: grab a leet feed..any number of things would work wouldnt it?
KRS1: does it even have to be php cant it be any content thats sought after
mircea_popescu: i suspect the whole thing's better than mining.
mircea_popescu: by now it's almost worth it to pay for php developers simply to give me trilema article material which then gets me trilema credits which are btc
mircea_popescu: dexX7 well since i have all this code...
ozbot: Effectual spam filtering for WordPress pe Trilema - Un blog de Mircea Popescu.
KRS1: i don't trust any fucks
KRS1: ok thanks guys i appreciate it-
benkay: sucks for us broke fuckers with neither time nor money
benkay: either time to meet someone in person, or money to save the time
KRS1: benkay i found theres a price to pay one way or the other
KRS1: thats what im thinking
benkay: man at a 15% markup for converting your btc to cash that's a rawwww deal
Duffer1: go with the assumption it's a scam
Duffer1: i have lost faith in everything that isn't bitcoin itself
KRS1: hate to ask this here..i value the opinion of you guys..do you think the site litecoinstore.com is legit
benkay: make friends with criminals and broker their bitcoin purchases, thereby positioning self well for imminent shitstorm?
benkay: if building reserves just makes one a milky cow, wat the f do?
benkay: on an old old topic from the vaults like three days ago, how does one hedge against the local fiat regime's complete failure?
saulimus: something like that
nubbins`: ah, like the college radio station doesn't sell cds, they "gift" you a cd if you "donate" $5
saulimus: nubbins`, it's to disguise investing as "donating" because you're a "fan"
benkay: daaah i fail to find references because forum spam.
nubbins`: mircea_popescu: they're just trying to prevent the lady's insurance from being cancelled: http://www.cbc.ca/news/canada/montreal/depressed-woman-loses-benefits-over-facebook-photos-1.861843
benkay: hey here's a stoopid idea: futures on difficulty rate increase rather than difficulty itself
mircea_popescu: bitbet is a superset of that, really.
mircea_popescu: where parties to the controversy also had to deliberately submit to judgement and advance bitcoin.
mircea_popescu: this is incidentally not so different from the core principles of the rota system,
mircea_popescu: (the constant, leave proof in comments thing, for instance)
mircea_popescu: i've quite deliberately constructed it so a lot of triage of facts can be easily done by the users
mircea_popescu: as the future eventualyl turns into past, what bitbet has to do and what the courts have to do are homomorphic : establish what the words say, what the facts are and how the two relate.
mircea_popescu: a suit steams from a controversy in fact, anchored in the past.
mircea_popescu: a bet is a controversy in fact, anchored in the future.
benkay: hey mircea_popescu would you elaborate on how you envision bitbet replacing the courts system?
mircea_popescu: well this is yet another point where bitbet design shines. we don't ever have thios problem
mircea_popescu: Rejection reason: Too late. lol good 1
mircea_popescu: Bitcoin price to rise above 1000
pankkake: actually, I was thinking of how much services end up as extra btc from people dying etc
mircea_popescu: yeah, i'm thinking... it's probably the case that at least half trhe addresses are lost etc. why send btc there ? just stop paying altogether, it's for the good of Bitcoin! </sarcasm>
pankkake: " LTC/BTC at BTC-e will stay ABOVE 0.03 and BELOW 0.06 " don't see a similar bet, but the under 0.03 happened already
pankkake: what, you're trying to find a new way to scam users!?
mircea_popescu: http://bitbet.us/bet/281/btc-usd-at-mtgox-will-be-above-150-on/ kakobrekla i wonder how many people still own the addresses they put down on a yearlong bet like that.
mircea_popescu: somehow magically nobody noticed or seems to care.
mircea_popescu: i took it to be a sly reference at all the non-statements ppl make on the forum
benkay: what things do they want said?
mircea_popescu: lol this just in, courtesy of concerned investor "i must say, your statement suffers from a lack of comments about your inability to say things and the desire you feel to redeem yourself at a future date"
benkay: life on the hockey stick, i suppose.
mircea_popescu: because what's one to do, scientific notation ?
mircea_popescu: and atm there's no options listed because as announced im going to cut a digit.
mircea_popescu: benkay that's incidental tho, it stopped quoting because bitcoincharts went kinda awol.
benkay: you know it's going to be a rough month for the bot when it stops quoting
mircea_popescu: o that. http://mpex.co/faq.html#13
mircea_popescu: whoa look at that, mpoe profit is branded by the beast.
Duffer1: how to get 10 off i think he's asking :P
pankkake: how so? tits?
dexX7: much more than the last months?
pankkake: who's the 0.666 user?
Duffer1: 17.6 people? i thought new account were 30 each?
ozbot: MPOE, November 2013 Statement pe Trilema - Un blog de Mircea Popescu.
gribble: MtGox BTCUSD ticker | Best bid: 1224.9, Best ask: 1226.3, Bid-ask spread: 1.40000, Last trade: 1224.9, 24 hour volume: 34850.18782590, 24 hour low: 1080.0, 24 hour high: 1242.0, 24 hour vwap: 1172.65949
benkay: more like masters of the coin
HaltingState: is this the main mastercoin channel?
benkay: in related, personal news, i have been having trouble sleeping lately because i jammed a splinter under my thumb after cutting my nails and i can't tell if its infected or i just cut my nails too closely and i don't have health insurance
gribble: MtGox BTCUSD ticker | Best bid: 1206.0, Best ask: 1207.9, Bid-ask spread: 1.90000, Last trade: 1206.00101, 24 hour volume: 36361.83483733, 24 hour low: 1070.0, 24 hour high: 1242.0, 24 hour vwap: 1168.05129
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
benkay: He even described a telephone call in which a salesperson tried to sell him a 284 bit encrypted program. When Vasovski asked him what he thought of Julian Assange, he replied that he didn’t know who that was. “At that point I said, ‘you’re trying to sell me a computer security program and you don’t know who Julian Assange is?’”
mircea_popescu: sucks to be them.
Duffer1: doctors will be forced to comply with secret legislation or their info will be outright stolen by govt backdoors
mircea_popescu: i suppose the future of medicine is having doctors sign contracts where if your information leaks they're held in strict liability.
Duffer1: "..give me your tired, your poor, your huddled masses yearning to breath free... LOL JUST KIDDING"
benkay: give all the starving mexicans citizenship and put them on the welfare rolls, but don't let the depressed canadians in to spend tourist dollars
assbot: Last trade for S.MPOE on MPEX was at 0.00079654 BTC [-]
benkay: firstblockchain: talkin to you
gribble: MtGox BTCXAU ticker | Best bid: 0.9720972, Best ask: 0.972792, Bid-ask spread: 0.00069, Last trade: 0.97203616, 24 hour volume: 46968.16654223, 24 hour low: 0.84, 24 hour high: 0.9936, 24 hour vwap: 0.929718168
gribble: MtGox BTCUSD ticker | Best bid: 1213.6, Best ask: 1215.0, Bid-ask spread: 1.40000, Last trade: 1213.53111, 24 hour volume: 47461.30788966, 24 hour low: 1050.0, 24 hour high: 1242.0, 24 hour vwap: 1161.81461
ThickAsThieves: can the statue be riding a unicycle whilst making the claim?
mircea_popescu: ;;later tell deadweasel http://log.bitcoin-assets.com/?date=29-11-2013#399339 ☝︎
mircea_popescu: where's deadweasel to link him to the log. ☟︎
mircea_popescu: the Anon Derp will go "hey guyse here's this new original wheel I invented all by myself in my garret!"
mircea_popescu: when we take over there's going to be a grand bronze statue of The Anonymous Derp in Bitcoin Plaza
mircea_popescu: There are two main difficulties: first, how can a pair of anonymous participants trade shares without a trusted party to facilitate the transaction?
ThickAsThieves: did someone already announce this same thing 2mos ago
mircea_popescu: "We showed that this is not the case, that there are infinitely many outcomes that are stable yet differ from the written rules of Bitcoin."
mircea_popescu: lol the guy "build an understanding of the political economy" w/o ever showing up on bitcoin-assets ?
Duffer1: awesome, thanks
ozbot: S.MG pe Trilema - Un blog de Mircea Popescu.
Duffer1: what's the site again? it's been a while since i've looked at it
mircea_popescu: Duffer1 not bad. now there's functioning indoors,
mircea_popescu: have no fear, there's fresh replacements.
mircea_popescu: thestringpuller the french were quite routed after trafalgar and waterloo.
mircea_popescu: what's come to be known as "colonialism" is the key ingredient to civilisation.
nubbins`: and to this day, ghengis khan's face festoons the walls of mongolian eateries the world over!