log☇︎
867300+ entries in 0.603s
Vbs: no, I'm pretty sure they'll exist
dub: pics dont show power connects, must mean they dont exist
dub: Vbs: our bfl monarch trolling is weak
truffles: dub i thought u were a shill for the foundation
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
thestringpuller: dddbtc: you gotta add the exchange
assbot: Have you got any tobacco?
dddbtc: Does anyone else think ICEDRILL.ASIC seems riskier than other things?
assbot: Last trade for DMS.SELLING on BTCTC was at 0.01783 BTC [+]
assbot: It's so strange that you don't remember any of your poetry.
thestringpuller: despite speculators trying desperately to prop up the bottom line
thestringpuller: pmb's are doomed to drop in price at the moment
dddbtc: and no PMB's that aren't currently hashing
smickles: that should be that
truffles: u went to a party with a rundown house, sick brag?
dub: a house that should probably be worth in the vincinity of $10mn if it wasnt falling dowon
dub: not a thing in oakland
truffles: u caught the left over herpes then
mircea_popescu: that thing in oakland ?
dub: huge 60's porno palace left to decay
dub: pretty cool shindig (hows that truffles?) though
truffles: or than that phrase..
truffles: lonesome tail, you seem younger than that
mircea_popescu: buttcoin wins the day!
dub: there was rather a lot of lonesome tail around
mircea_popescu: any girls on their knees next to it ?
dub: there was a 'bitcoin accepted here' sticker in teh kitchen
dub: in other news, I went to a party friday night
mircea_popescu: that happened a while back, anyway, probably right around the fork.
thestringpuller: but it would seem all an entity need do, is get their hooks into the bitcoin foundation, and any interest they want put into bitcoin could be done
thestringpuller: but back to the point of rich people not having the time. who has the time to put in core development of BTC?
thestringpuller: the schism that will cause will be something worth seeing
mircea_popescu: might as well be a bunch of ignorant kids, and therefore brave.
mircea_popescu: but adding all this together it still doesn't quite cut it.
mircea_popescu: there's something to be said for the excellent timing : less than a week after I bitchslapped him there's suddenly supoenas everywhere. let's dillute it.
mircea_popescu: the theory may have some merit. make a bunch fo scams, have them pop in concert, then come in "for the good of the industry"
thestringpuller: "no investing unless you fill out these DMV forms" even though the DMV has nothing to do with the SEC
thestringpuller: guess it would be the same approach they'll take for bitcoin
mircea_popescu: it's not the terrorists being felt up in airports, it's the citizenry.
mircea_popescu: the usg does not ever regulate the miscreant.
mircea_popescu: scammers usually aren't this brave.
mircea_popescu: i mean, it's clearly one single group, just a few people. they have nothing at all.
mircea_popescu: i have my doubts, but anyway, the cheek is incredible on the face.
mircea_popescu: anyway. this shit smells pretty bad, there are people who suspect it's just governmental skirmishing
truffles: i like how u ran with that heh
thestringpuller: Just because they lined up a billion idiots doesn't make it the perfect bad idea.
thestringpuller: mircea_popescu: I would go as far (with truffles thought), that you can line up even a billion rich pseudo-smart idiots
mircea_popescu: before they used to run their icbit / btcjam / w/e unheard of scams in anonimity.
mircea_popescu: it's only recently that very cheeky scammors have begun to actually take the pretense to relevancy.
truffles: always trying to fit in everywhere
mircea_popescu: well, money. they have enough for a pizza.
thestringpuller: however it seems like the infinite hit points phenomenon, stupid people always seem to have money (be it from the socialized welfare et. al)
mircea_popescu: seeing how the us pays welfare to about 100 mn people each month, and seeing how the forum population is in the thousands we basically have an infinite supply of people who think they know better, and are too stupid to even suspect otherwise.
mircea_popescu: ESPECIALLY than anyone who isn't impressed with how smart, unique special and important they are
truffles: there will always be brown nosers too
mircea_popescu: thestringpuller yes. there's this deeply entrenched mentality of stupid, in the us. it manifests as people spend 50 bux ior w/e for half a btc, and then proceed to know better than anyone
mircea_popescu: besides, how is that ever distinguished ? what draws the line between innocent and manipulative ? one's own preferences ?
thestringpuller: thus stupid people have infinite hitpoints, yea, so you think that is the case here?
mircea_popescu: gecko_x8 i have no idea tbh.
thestringpuller: there will always be stupid people willing to die
thestringpuller: oh yea, I remember that. pretty much akin to "there will always be soldiers at an army base"
gecko_x8: but what do you think of this 30 actm share shit? innocent bot or manipulation?
mircea_popescu: gecko_x8 that's ok, not like trilema is going anywhere.
gecko_x8: mircea_popescu i'm yet to read your articles, altough i'm aware of them and planning to read..
ozbot: The story of Pointless and Witless pe Trilema - Un blog de Mircea Popescu.
thestringpuller: not quite sure? care to elaborate a bit?
mircea_popescu: thestringpuller you familiar with the infinite hitpoints problem ?
thestringpuller: and if not they go broke
thestringpuller: mircea_popescu then it seems it's only a matter of time before the people willing to give up their number realize their suitor doesn't have a real job, and works at mcdonalds - yet tells girls he's a 4 star chef
w_white: i have been wondering that myself.
mircea_popescu: what's with all the funny letters anyway ? ŕ wtf s that
truffles: dunno about that 1
mircea_popescu: let's give the guy more blog links then
w_white: dub: youŕe right. i could be wrong. i can call them myself.
mircea_popescu: thestringpuller like if you know a chick loves to be complimented and will do anything if you tell her she's smart. you have her number.
dub: w_white: which forum users? anyone that has been around longer than 'Ken' himself? I presume you are aware taht creating a forum account doesnt cost anything
thestringpuller: mircea_popescu what do you mean by people have their "number"?
w_white: dub: yes, easic has confirmed it in email to several users on the forum, stating that theyŕe in business with VMC but are under NDA.
mircea_popescu: dub ndas are cool tho
truffles: omg wall of text
thestringpuller: Once he unavoidably ran out of cash he proceeded to issue more shares, deeply diluting existing shareholders (new shares were issued for values at times below even 1% of what early investors had paid). Eventually GLBSE took control of the asset and forced a motion. At the time GLBSE management was acting in such an inept and erratic manner however (delisting spontaneously some other asset) that McFarland was retu
dub: w_white: have you seen anything about the NDA other than a guy on a forum mentioning an NDA?
thestringpuller: The subsequent GLBSE ipo yielded roughly 10k BTC for 10k shares. Unable to complete the original plan McFarland devised his own system for valuating miner bonds and proceeded to trade on the open market according to it, impervious to warnings that both his system was broken and that in any event his implementation is defective.
thestringpuller: Late September 2012 Patrick McFarland aka DiabloD3xxii came up with the idea of a .million BTC company. sometime in April. This was going to be some sort of mining venture then modified to datacenter then eventually further modified to include electricity generation and other lines.
thestringpuller: hey man I'm just going by the trilema article
w_white: pankkake: for me personally i am not betting on things working.
pankkake: w_white: you seem to be satisfied at "things exist". your question should be "are things going to work? am i going to get something out of it?"
Diablo-D3: why are you dragging me into this
mircea_popescu: and they're making these shits to order.
mircea_popescu: nah, the core issue here is that we have a group of people who have pretty much got the forum/reddit retard's number
thestringpuller: mircea_popescu: if we go buy your bitcoin drama timeline, it seems that even those considered "functional" (bad word I know) such as Diablo-D3 are technically scammors
w_white: i honestly never thought of it.
w_white: so you think the NDA is real, but it regards something not related to 28nm chip production?
gecko_x8: WTF is it with the 30 actm shares
mircea_popescu: that scam is directly linked to the tytus picostocks scam, which is the originator of pretty much all the current gems.
mircea_popescu: consider the case of the original basic. forum idiots are STILL arguing with my girl over it.
mircea_popescu: however, the scammors are notoriously difficult to pin down.
mircea_popescu: thestringpuller actually some rich people do try to involve themselves.
pankkake: "The ACTM's team can not run Avalon chips in full speed with everything needed opensourced by Avalon. What do you expect from them when it comes to get their own 28nm super super chips running?"