852600+ entries in 0.468s
Duffer1: with
the amount of coin involved it was a bunch of us
that bought in
Duffer1: so much so
that it being an outright scam is a very real concern
Duffer1: they were supposed
to bring a bunch of hash online using
their own proprietary chips,
they botched it.
that coupled with
the epic incompetence of
their pr it's all gone
to shit
mircea_popescu: well ehre's
the
thing : if
the worshippers are irrational
they're statistically as likely
to blow you as
they are
to clobber you (by definition)
mircea_popescu: which happens
to be
the point of
the entire exercise, after all.
dexX7: without reading, just looking at
the pictures -> "oh wow, ipcc again"
ozbot: Climate scientists
told
to 'cover up'
the fact
that
the Earth's
temperature hasn't risen for
the las
Duffer1: xaviar did a good job of making
that painfully clear
to everyone a couple weeks ago
ThickAsThieves: "To be completely honest,
things are not looking great for Sandstorm right now. "
ThickAsThieves: basically someone
told him his
take on some
things is bad
ThickAsThieves: I wonder if Labcoin will survive
to have a longer
thread
than AM
ThickAsThieves: "I know I'm in no place
to judge strategies right now but
that's just how I see it." ~Fund Manager
jborkl: well, it looks like a race
to zero for icedrill vs actimining on Bitfunder
jborkl: |*|UPDATTED|*| < maybe
the Solarwind guy should fix
the huge red a blue bolded
typo
ozbot: Enter Your Email - Lord of Ultima - Official EA Free
To Play Site
kakobrekla: 21:57.07 ( mircea_popescu ) kakobrekla : "or for
that matter, someone doing 1 gh/s could solve each block from now on until
the next olympic games. not
too likely, but possible.". also subjective ? :D [21:55:23]
dexX7: is
theswede75 on wot?
pankkake: I feel like
the
times when blocks aren't solved for 1 hour is a problem
mircea_popescu: kakobrekla : "or for
that matter, someone doing 1 gh/s could solve each block from now on until
the next olympic games. not
too likely, but possible.". also subjective ? :D
mircea_popescu: it's just
that i have limits
to my paranoia. it's all very healthy overal.
mircea_popescu: and i say "because it's not possible
to do" and
their eyes glaze over cause i'm insane.
mircea_popescu: then random bystander is, "why didn't you make
them clearer!!!"
mircea_popescu: it's a nitnoy
thing, but you know how it is, bets get contentious after
they resolve.
pankkake: you would have
to
take
the risk of a statistical variation
pankkake: and I do understand how hashing works, I would have prefered
the pool only method but wanted
to allow
their bullshit about solo mining
pankkake: hmm, yeah
the GPG signing of blocks would be perfect. well if
they ever used
the key for something else…
kakobrekla: but whatever,
this is going nowhere fast and i have food on
the
table
to eat so bbl
kakobrekla: im not sure i can unsee
the likeliness
mircea_popescu: because signatures with a history have a value. my signature is oposable
to me, i'm never going
to share it for
that reason. (miner
than can go, hey, here's a contract you signedm, you owe me 10000 btc)
mircea_popescu: because signatures with a history have a value. my signature is oposable
to me, i'm not likely
to share it for
that reason. (miner
than can go, hey, here's a contract you signedm, you owe me 10000 btc)
mircea_popescu: it's
that
the miner getting it can
then sign
themselves all sorts of goodies
kakobrekla: mircea_popescu dunno if 'likley' cuts it in
this case
mircea_popescu: sadly, people want
to participate in bitcoin without a clue of what's what, how it works and why it works
that way.
mircea_popescu: for instance, if i were
to sign blocks with my gpg signature
the suspicioun would be misplaced, as it's not bloody likely i've shared my private key with some random miner
to win a bet.
mircea_popescu: of course
this problem wouldn't exist in
the first place if people actually used gpg properly.
mircea_popescu: i guess it is marginally valid, just as long as bettors understand
the weakness.
kakobrekla: 21:21.55 ( kakobrekla ) ok so "some X blocks will be signed with as labcoin is mining
them"
mircea_popescu: if i offer a miner 1 btc per block
to sign it for me,
that's just 1 extra btc he makes, like
the fees.
mircea_popescu: a bet of
the sort "labcoin will sign at least X blocks in octomber" is weak however, because most miners don't sign
their blocks.
mircea_popescu: or for
that matter, someone doing 1 gh/s could solve each block from now on until
the next olympic games.
mircea_popescu: but because of
the way hashing works someone with 10
th could still fail
the bet.
mircea_popescu: make your block read "no less
than X signed blocks in between Y and Z dates",
that is proof of hashing
pankkake: but absolutely no one is going
to vote Yes now, it's
too late
kakobrekla: theres a difference between
they will show
the hashing or really be hashing
pankkake: well right now
their proof does not even satisfy
the bet (and
they have less
than 1TH)
pankkake: and I disagree - very few people have access
to 1TH
pankkake: " Easy
to falsify with help from friendly miner."
pankkake: I'm sad
that my labcoin bet was rejected. it would have been so good
kakobrekla: i mean if
theres a [+] means previous not 0.003 was lower
than
that
Rulother: people just selling,
thinking it would sell out faster
ozbot: 'Grand
Theft Auto V' sets record by earning $1 billion in just
three days |
The Verge
kakobrekla: cause currently is mpex only but since assbot aggregates now i guess it makes sense
to offer raw via socket
mircea_popescu: at least you could have left
two spaces between ] and [ in
that spot as a
typo
kakobrekla: i just disabled [S] since its
the most common by far
mircea_popescu: in
ten years
the cus will be just as corruipt as banks
today.
they are being corrupted by
the government.
mircea_popescu: the solution is
to get rid of aml, and general govt involvement. not
to destroy banks by favouring credit unions.
mircea_popescu: that's all fine and good, however,
that doesn't make its argument any sounder.
Rulother: I used
to bank with BoA, until
they got super shady
mircea_popescu: guess why credit unions can afford
to not charge
the 5 dollar per account
thing boa wanted
to put in.
mircea_popescu: because
that other dude can
then murder you on rates and pretend like it's your fault.
mircea_popescu: well, it's not a matter
that
they feel. it's a matter of fact : if you pay more
taxes
than some other dude you're screwed
mircea_popescu: "In spite of controlling most of
the financial assets and basically cornering
the market on financial services, banks feel
that
the credit unions’ non-profit status does not allow banks
to compete on a level playing field."
jborkl: it is funny
to see her name on
there, and
then
to read how it got on
there is even better
mircea_popescu: "lol.
the idiot running
the
thread stuck my name in
there in a retarded bid
to make it sound like my criticism was actually interest. i addressed it, it's ongoing."
mircea_popescu: i can state with authority
that we have no fucking idea what
that is.
jborkl: I finally finished reading it and she was put on
the list, not of her request
jborkl: reading a little more on
that- LOL at PR for being a newbie