903700+ entries in 0.667s
mircea_popescu: i suppose next some pickup-artist and entrepreneur is going
to show up and be all max keiser all over everything.
BitHub: mircea, we must stop
this madness
BitHub: they want
to be
the ceo of bitcoin
to get back at mark
mircea_popescu: kakobrekla 1. not even a 3.14 supernodule ; 2. no
tall hot chick.
kakobrekla: mircea_popescu but
they are
the kool kids
truffles: winklevouss grabbing btc by
the balls eh?
mircea_popescu: and i have no idea why
the winkledoods
think anyone asked
them.
BitHub: its now
the winklevoss
turn
truffles: <kakobrekla> bfl will ruin btc>>
thought
that was s.dice's job
kakobrekla: cant
they mine butterfly coins and leave britney alone
mircea_popescu: "Operation Atlantis was a project, headed by Werner Stiefel, developed with
the intent of establishing a libertarian country on international waters.
The operation set out
to do
this by launching a ferro-cement boat into
the Hudson River in December 1971 which was piloted into an area near
the Bahamas. After reaching its destination it eventually sank in a hurricane"
mircea_popescu: "Principality of Freedonia is a “new country” project based in Houston,
Texas; founded in March of 1992 by
the 13 year-old John Alexander Kyle and a group of his friends."
truffles: i
think i want
the acoustic version
truffles: could
told me
to skip
to 2:40..
truffles: i guess im going
to have
to recreate something
thai
Chaang-Noi: wife just brought it up
to my office, dont
think i would ahve ordred
that
Chaang-Noi: motorcycleing in
thailand on mountians drunk is part of it yes
truffles: something random like a motorcyle might
take u out
then
truffles: im full of questions, i wont rapid fire
them all now : )
Chaang-Noi: of all
the shit iv done, and none of
them killing me, well
the odds are not in my favour but some how im still here
truffles: u dont
think u were ment
to have conversations with me : p
truffles: unless u live a dangerous lifestyle, most of us will live a long
time heh
Chaang-Noi: but in
the end it worked out, however for a while.. not so sure
truffles: all of
these ppl who drop out
to start companies are so ballsy
to me
Chaang-Noi: yes, started a company, sold it
to amazon
then went
to school
Chaang-Noi: one
they die, i kind of
think i will be getting some massive stuff, but
that will be held for my kids when i die
Chaang-Noi: i got an offer at free university but i declined, other
than
that, no money other
than modest gifts for bday and christmas,
the like
Chaang-Noi: my family has never given me anything other
than
the opertunity
to work/learn
truffles: as much as i dislike silver spoons, still have
to
take advantage of oportunities
truffles: well seeing as u worked for
the family u kinda had an edge on most kids
Chaang-Noi: parents did not own
that company, fried of
the family, but yeah, i guess
they
trusted me. just seemed normal at
the
time
Chaang-Noi: yeah i started young and have worked hard in
the past, had a company
that did well and really did a lot of investing, i will enver have
to work again (unless i do something stupid)
Chaang-Noi: boxes were light and i got
to use a high powered stapel gun :)
Chaang-Noi: i worked at a neon sign plant, and made boxes for
them
to put
the signs in
truffles: some1's gotta pick up
the slack :p
Chaang-Noi: leggally you can do it at 14 in
the usa
Chaang-Noi: it can be done if your family, or good friends own
the company
Chaang-Noi: also mostly my gifts for bdays or christmas was just money, and i used it
to invest, not buy
toys
Chaang-Noi: i started full
time work (8 hour days or longer) when i was 12 and had holiday from school
truffles: <Chaang-Noi> yes starting out young is good, i started investing in gold and stocks when i was 10 >>>
trust fund baby?
mircea_popescu: Chaang-Noi maybe when i'm a little older, build a harem get
the girls knocked up
mircea_popescu: WILLdude no parents ever have any clue. if
they did
they'd not be parents.
Chaang-Noi: look up escrow if you dont know how
to sue it
Chaang-Noi: well, nothing wrong with learning and
trying stuff out, but really
trust no one, lots of scammers as well
Chaang-Noi: i agree he should
take risks, however, he should be aware
that he can lose everything he risks, and be ready
to accept
that
mircea_popescu: next week you get more pocket money and you can
try again.
mircea_popescu: Chaang-Noi iirc 50 was impressive
to him, but honestly, if
there is an age where you should be
taking risks on your capital it's 12.
Chaang-Noi: its just good advice, never
to risk more
than you can lose 100% of
Chaang-Noi: i doubt it, but $200 might be massive
to him. no idea
mircea_popescu: Chaang-Noi well what's he going
to lose, his ferrari /
Chaang-Noi: but be careful, do not risk more
than you are willing
to lose 100% of
WILLdude: In juniors,
there is year 3
through 6
mircea_popescu: aaanyway,
these
technicalities aside, i
think you're
the youngest guy here by a fat margin. good for you.
mircea_popescu: in
this paradigm primary education is everything up
to and including high school. secondary education is college/university degree
WILLdude: In
the uk,
there are 3
types of school in general.
mircea_popescu: im mostly familiar with
this system whereby kids go
to school around 7, complete 4 years or primary,
then 4 years of jr high
then 4 years of hs
WILLdude: Well, I
thought
that by high school you were referring
to secondary education in general.
WILLdude: My sister has become a prefect now, and she obviously has a lot more aptitude
than I.
mircea_popescu: you're an almost 13yo with a history on wikipedia ?
teh wow.
WILLdude: I used
to do a lot of wikipedia ing
mircea_popescu: as far as you know you don't get project cloaks unless
the project assigns
them.
WILLdude: mircea_popescu:
Take a wild guess at how I got one?
mircea_popescu: but iirc you used
to sign in with a wikipedia/W-D cloak. how'd you get
that ?
Chaang-Noi: well, dont risk more
than you can afford
to lose, btc can break or
the exchagne can be robbed,
there is always a risk you lose everything
Chaang-Noi: good
to be learing about
this sort of
thing young, even if you dont de well, you will learn
furuknap: In
that case, I really, really suggest you wait until it's legal.
furuknap: Just
take a walk, have a beer, fuck
that nice girl down at
the library, and while you're
there, pick up a book on investing. Don't forget
to read it.
furuknap: I may also have cost you a shitload of money and caused disappointment, but if you just calm down, at least you'll be informed in
the end.
WILLdude: I
think I'll ride with my 6 shares for a few weeks.
WILLdude: All
this stuff seems hell
to
try and understand.
WILLdude: I
think I kinda just need
to stop being so optimistic about stuff.
furuknap: The added benefit of
this exercise is
that even if you find out
that you should have rushed in right now, by waiting and learning, you will be better next
time, and
there will be many next
times.
furuknap: Yes, you are, and
that's usually when you lose money.
There's no rush.
There are plenty of great companies
that will be around for a long
time. AM may or may not be one of
them, but you need
to figure
that out for yourself.
WILLdude: And predicting
the price will go sky high soon and never come down
to what it has been previously.
furuknap: Unless, of course, you enjoy
the pain of losing money, in which case, just buy whatever has a nice ring
to it and hope for
the best.