log☇︎
836500+ entries in 0.553s
mircea_popescu: so in this sense this isn't a discussion about mining,
asciilifeform: even if he has no idea why his stick-rubbing touched off the flame.
asciilifeform: the mage can still burn the village to the ground
mircea_popescu: if the shaman heals you he's still no doctor, even should the mage light up a fire he's still no matchstick
asciilifeform: mircea_popescu: think it would wake people up into the dynamic-workfunction heresy?
mircea_popescu: asciilifeform same reason a girl wearing a funny hat doesn't function as the emperess of china.
kakobrekla: how much for the parrot
mircea_popescu: asciilifeform anyway, if I get a parrot that extracts correct nonces out of a bag, i don't have a miner.
asciilifeform: hence the pristine meat.
jurov: pity it can do n-th sqare roots better than modulo 32 arithmetic
jurov: mh, human brain falls into that definition, too :)
asciilifeform: bz-bzzz. where are the other flies on this dusty space rock...
asciilifeform: dollars to doughnuts, hypothetical 'superminer' would be an ultimately analog system. with no well-understood explanation for why it works.
asciilifeform: here's a lead for anybody who wants to play: http://www.sussex.ac.uk/Users/adrianth/ascot/paper/paper.html
asciilifeform: maybe some wealthy joker ought to fund a 'Perimeter Institute' for btc.
mircea_popescu: i think the moon simile carries.
dexX7: or let's say the idea of trying something unconventional :)
asciilifeform: but maybe that's like thinking that a sufficiently juicy chunk of rotten meat, placed on the moon, will somehow attract flies.
dexX7: i like the idea
asciilifeform: the cookie jar is far too full for somebody not to try an interesting an unorthodox approach to empty it.
asciilifeform: just as RSA-breaking has not been proven to require fast factoring.
asciilifeform: dexX7: not necessarily. more efficient mining doesn't need a SAT solution in the general case.
asciilifeform: or, anybody still alive knows how to wrangle gallium arsenide logic?
asciilifeform: now would be the perfect time for an 'asteroid' event (e.g. somebody gets SATCOIN hasher working.)
ThickAsThieves: where's the 200btc on that one?
ozbot: BitBet - BTC network difficulty to top 1B before 2014
mircea_popescu: tghen people want btc to go down. well how the fuck.
ozbot: BitBet - BTC network difficulty to top 500MN before Xmas 2013
ozbot: Activist Post: IRS to Jail Woman Who Owes $0 in Taxes, Seeks Jury Nullification
mircea_popescu: so i'm reading old logs : Jun 21 14:49:17 <mircea_popescu>well it was 1/4 bn earlier thisd year
nubbins`: why didn't himmelsbaugh consult an appropriate authority before assuming that he enjoyed the thing?
nubbins`: not sure of the exact numbers, but the price of a shirt was roughly 2x today's price when that was happening
ozbot: Man Who Enjoys Thing Informed He Is Wrong | The Onion - America's Finest News Source
mircea_popescu: the price of cotton figures what, 18 cents in the cost fo a tshirt ?
nubbins`: ^ for a while there, t-shirts REALLY weren't free
ThickAsThieves: i read the wiki, i know plenty!
mircea_popescu: i guess nobody today remembers machlup as the initiator of the "information economy" concept
nubbins`: and i mean, i get shirts wholesale, but they're still not free, ya know!
mircea_popescu: nubbins` so then no, you wou;dn't be in the same position. knowledge is money.
nubbins`: which is really the best i could ask for, given how many times i've lost my shirt on poor investments
nubbins`: it turns out that if i had just done nothing with my btc, i'd be in exactly the same financial situation as i am today
kleeck: And now we get to tell our friends all about the premium drugs we've abused.
nubbins`: anyway, i did some math the other day
bitesak: I bought me first at39cents and have made many 'wrong' decisions along the way on selling them :)
kleeck: I too looked into the eyes of insane profit % and said, "Nay! I will not take you!"
kleeck: I won't say what I did with those...
nubbins`: better done if i hadn't won and lost several fortunes in that period of time
kleeck: Of course now. Average bought is 60$. It is time.
bitesak: now? it's not even an all time high
kleeck: Yes. I dare say I'm gonig to take some profits now.
nubbins`: it's quite a price for two, really
gribble: MtGox BTCUSD ticker | Best bid: 232.90000, Best ask: 234.00000, Bid-ask spread: 1.10000, Last trade: 232.00001, 24 hour volume: 19281.05367985, 24 hour low: 214.89993, 24 hour high: 234.95000, 24 hour vwap: 223.42446
nubbins`: just a matter of how close you can get your horseshoe to the stake
ThickAsThieves: but there's no stopping it from going up more
ThickAsThieves: looking at the situation I think many would say it's overpriced
ThickAsThieves: it's all a guess at this point
nubbins`: but i don't think it would be a bad idea, short-term
ThickAsThieves: it wont any time soon
nubbins`: i was surprised at the amount of support ~200
ThickAsThieves: i think this ebay news is floating it
ThickAsThieves: i thought we'd be pulling back already
nubbins`: any guesses as to when we'll see a BTC-USD all-time high?
gribble: Next difficulty estimate | 515523510.95 based on data since last change | 563524717.975 based on data for last three days
topace: "hi, i'd like to buy exactly 2.00000000 bitcoins, how do i do it? can i give you my creditcard number?"
kleeck: Do you do support, then?
topace: 3-5 per week the past few weeks
kleeck: You can use a NAS, but you don't SHARE the backup partition.
topace: "a guy that knows a guy that knows how to use computers"
topace: they have "a guy that knows a littlbe bit about computers"
topace: most of these companies dont have sysadmins
kleeck: So, this wasn't a system admin, then?
topace: and as a clueless IT person, thats probabyl what i would do too
kleeck: who are these clowns?
topace: i tried to explain to him how a moutned network drive != backup
topace: one guy i talked to said it infected their backup system from the desktop it was clicked on
kleeck: First off, your users shouldn't be able to get a zipped exe, or an exe, at all.
kleeck: It makes me sad that this virus is actually doing damage to any medium sized businesses.
kleeck: Drugs and Viruses, the backbone of BTC>
topace: it took me half an hour to explain to him, i only buy and sell bitcoins,. i have nothing to do with cryptolocker
topace: i had one guy ask me how i hadnt been arrested yet becuase he knew my address and phone number he was going to report me to the police
topace: bringing a lot of new people to bitcoin
kleeck: My IronPort has been stripping zipped .exe files for a month now., all from DHL, UPS, and FedEx. Thanks for the headsup...
kleeck: Heh. Just got a notification email from the my State's Healthcare Association regarind CryptoLocker.
assbot: [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share
mircea_popescu: so mike_c, it may please you to find that not only are you in the mpex faq now, but process of arguing about it ended a coupla hours ago with my complete capitulation
Luke-Jr: especially when the main guy behind it is going around demanding proof GPUs can't simulate ASICs..
Luke-Jr: I'm skeptical it'll get that far.
Luke-Jr: then I'll add support to BFGMiner
Luke-Jr: only if they get something working
benkay: Luke-Jr: weren't you involved with that operation?
benkay: how are those quantum bitcoins coming, eh?
mircea_popescu: pankkake fast moving consumer goods. like sodas, tampons, whatever.
nubbins`: now, both allowed you to pay with a cc without having a paypal account
benkay: (the best we get are advertising/strategy bros who have accidentally fallen into tech)
pankkake: about time
nubbins`: cutting paypal outta the loop!
nubbins`: i got an email about it the other day
benkay: (as an aside: do you know how hard it is to find business-oriented mentors in america?)
benkay: i also want to work with tools that i enjoy
benkay: i would love to build a thing under someone with a decade's domain experience