896900+ entries in 0.622s
jborkl: I was going
to say,
they need
to make a glbse like exchange for all
the idiots
to
trade
this shit on, but
then I realized
they do
mircea_popescu: dub what's wrong with printing at
the site you cut
the
tree ?
ericmuyser: I only
transact in buttcoins and sometimes I
tip in fartoshi's
jborkl: so out of date MP, gotta keep up with
the devs
jborkl: I
think sexcoin was yesterday...
today is porncoin
jborkl: well ,
there is a porncoin -
that didnt exist yesterday
jborkl: they are going
to be like .com <
they are all used up and being squatted on
mircea_popescu: 100k EuropeCoin (Not launched, yet but statistically
there will be a EuropeCoin by
the
time you read
this)
kakobrekla: "All currencies older
than
two days accepted."
kakobrekla: >Before
there was hypercoin, sexcoin, fastcoin etc.
there was DragonCoin. Here is your chance
to own
tens of
thousands of coins!
The winner will receive 37667.5 DNC. No bid
too low! All currencies older
than
two days accepted.
The auction will run for 10 hours.
fiat500: jborkl: cant find
the announcement
jborkl: so, 35% of
the coin is used
to subsidize
those not smart enough
to use it. not joking
jborkl: all you have
to do is read glbse and apply it
to
the future
fiat500: 21:33 < jborkl>
There is a instance of
that going on right now
jborkl: mentally weak people fall into
the
trap of "what a good guy"
fiat500: doesnt sound like something a sane person would do, unless
they had been cooking
the books and felt bad about it
mircea_popescu: in sane world we'd immediately
think
this is fraud. but
to
these muppets it's not really it.
mircea_popescu: fiat500
the point would be "being a good person", as per
the rules of
the mystical space.
fiat500: what would be
the point of
that, artificially inflating performance?
jborkl: There is a instance of
that going on right now
mircea_popescu: (look up
the older glbse
tradition of people "donating" stuff
to
their public "venture")
mircea_popescu: this may be
the best argument in favour of my "thirld world shitholer is
teh us"
thesis.
mircea_popescu: pretty much all
the expectations you'd build on a levy-strauss model are amply represented.
fiat500: ive noticed
there is also a cult of personality
trend in
the community
mircea_popescu: and
they being financially illiterate
there's no finance included.
mircea_popescu: for plenty of peeps bitcoin is
the world of
their dreams and aspirations
fiat500: if mean is
the opposite of nice, i dont
think it is a useful metric in
the world of finance
jborkl: a rude crack head on
the streets is worthless
jborkl: also,
thought involved
mircea_popescu: just
take
the following simple observation :
the us plebs
think "being mean" is bad juju
mircea_popescu: it's a mishmash of performance, sacrifice
to
the gods (and for
the record most souls in btc have a very shamanistical relarton
to btc,
their own "reputation" etc)
mircea_popescu: not quite. i am personally fascinated by
the
thing from an anthropologic perspective.
mircea_popescu: fiat500 you clearly don't understand
the concept of btc dividends.
fiat500: what
the hell is yabmc paying divs out from?
mircea_popescu: well whoever made
the rejected ripple price bet based on ripplewhatever.com as a price signal
gribble: (gpg everify <otp>) -- Verify
the latest encrypt-authentication request by providing your decrypted one-time password. If verified, you'll be authenticated for
the duration of
the bot's or your IRC session on channel (whichever is shorter).
mircea_popescu: i wonder if
they have a MPOE-PR said our stupiod idea sucks support group
ericmuyser: mircea_popescu: not yet I guess. 30-day Volume = 10,324.13125313 BTC. who knows how much
they put into it, but by
the end of it, should be millions
jborkl: I don't know, maybe our special developer
that dropped in a minute ago helps out
fiat500: mircea_popescu: shoulder
to cry on after spending more
than 15 mins browsing
through btctalk
jborkl: 1000 hours of no
thanks
ericmuyser: mircea_popescu: orly, well
that's nice of
them 8-) so it'll go down as
the company
that gave away millions
to bitcoiners who were already becoming millionaires. compounded wealth!
jborkl: I don't know, I don't want
to meet
them
ericmuyser: mircea_popescu: you
think
they're
the ones pumping btc into ripple?
ericmuyser: they're doing a great job.
they could build a bot
to slowly shave off
their XRP, convert
to BTC
then into fiat and earn enough
to pay back
the VCs and still have a valuation higher
than all of btc o.o
jborkl: I read a article last night
that BTC startup incubator was being located here in my
town
fiat500: if
they dont get more funding next year,
they have failed
mircea_popescu: basically it's like
the costume parties
they do for kids birthdays, but for office
types.
mircea_popescu: jborkl
there's an entire industry doing
this. i call it
the freakshow.
fiat500: thats enough
to pay salaries + assorted costs for 1 year
jborkl: they are all over
the place here
jborkl: fuck , either way I need
to go find a vc and
tell
them some stupid shit
jborkl: we will
take over bitcoin - come vc just a 100 mil or so
jborkl: "make some shit
to pump, quick, quick, i got
these vcs sorta interested" < so
true
mircea_popescu: what i want
to know is literally whose girlfriend was whored out. because
this deal was closed by sucking cock, and
these people don't have slaves/employees/etc.
mircea_popescu: it was just a case of "make some shit
to pump, quick, quick, i got
these vcs sorta interested"
mircea_popescu: i don't mean nobody qualified. i mean nobody at all, not even
the webdevelopers involved.
deadweasel: they've already stolen your
time reading it, jborkl, and
that's
the most valuable asset I own.
ericmuyser: mircea_popescu: you're forgetting it's closed source and
they dictate it, which is
the negative oh so often pointed out. let's just say
they say fuck it and create another 100 bill when
they encounter
that
jborkl: so, I feel dumb for reading
the ripple site
jborkl: but I can not figure why a ripple is worth more
than 1/1000th of a penny- if
that
jborkl: yeah, well
they made 100 billion ripples and
they destroy 1/1000th every
transaction
mircea_popescu: you know for a fact
that no more
than X
txs can ever occur ?
mircea_popescu: so let's for
the sake of absurdism admit it ever gets used.
jborkl: No one collects
these amounts.
They are simply destroyed within
the network.
The effect is
the same as redistributing
them evenly
to all
the Ripple account holders in proportion
to
their balance.
jborkl: dipple -
that is
the bagholder
jborkl: Ripple destroy each other -
there is a ripple and a anti-ripple
fiat500: creation of wealth out of
thin air, sounds familiar
fiat500: doesnt
tradefortress have 1
trillion btc on ripple?
jborkl: come
to
think about it... ripple is backed by bad accounting. - major lulz
mircea_popescu: come
to
think about it... ripple is backed by bad accounting.
fiat500: i am continually impressed by
the sheer volume of drama produced on
the forum
jborkl: Yeah
that was last year lulz