920500+ entries in 0.663s
mircea_popescu: this will ensure bitcoin's failure on
the long
term if allowed
to continue.
mircea_popescu: if you go by
them
there is ABSOLUTELY NOTHING one can do
to fuck up.
mircea_popescu: currently bitcoin contains
this
throng of idiots who literally have no standard.
Namworld: Well as long as someone can fix
the security issues of
the script (unless funds were actually stolen by
the admin)... although it casts some serious doubts about
the safety of such a
thing.
mircea_popescu: what more ? what more could one do
to be untrustworthy ?
mircea_popescu: they are using
the bitcoinica codebase
they've stolen ffs.
pgp: i'll be
they go smoked
trying
to liquidate some margin accounts....
pgp: interesting
to note
that at bitfinex,
they have changed margin rules -
they use
to offer 5x - I guess
that didn't work out so good for
them...
they still have 400k lent out in margin, but at an average annual rate of ONLY 84% - used
to be consistently over 300%... Sentiment indicator?
Bugpowder: I'd restrict whales
to someone with proven 10k btc in a set of addresses and is hammering s.dice for bets of >100BTC for long stretches.
Bugpowder: I
think calling
that guy a 'whale' is being a little generous.
pgp: I agreed SDICE is
the a defensive USD/BTC play
mircea_popescu: @DalaiLama It’s unrealistic
to
think
that
the future of humanity can be achieved only on
the basis of prayer, what we need is
to
take action.
Bugpowder: but you really need
that betting volume
to pickup
ThickAsThieves: you really
think divs will outweigh your loss in BTC/USD value?
BitHub: so during
these
times of suicides, isn't it better
to be collecting divs? and
the demand for stable asset is
there, so alot of people pumping, allowing you
to golden parachute out later when btc price picks up again?
ThickAsThieves: asicminer may be
the most stable, but you are essentially locking yourself in
to BTC/USD value
BitHub: i want
to get your guys opinions on good and
trusthworth bitcoin companies
that are floating assets
ThickAsThieves: you should be looking for reliable stocks
that are
tied
to USD
BitHub: well name another asset
then
ezdiy: self-assuring circle jerks are a good
thing
ThickAsThieves: BitHub, do you realize
that you're repeatedly looking for confirmation
that ASICminer shares are a good buy?
BitHub: scam me and i'll you
tho
mircea_popescu: thestringpuller i
thought he was getting out of brokering ?
BitHub: any good ipo's coming up? i'm only feeling asicminer at
the moment
BitHub: anyway lil off
topic, i actually really enjoy all
the different bitcoin assets
mircea_popescu: because more girls need a good whipping
than need money at all.
Bugpowder: those would be my
top 3 reasons for a wife, in some order.
mircea_popescu: heh. i guess
the rebellious youth of
these days no longer reads sartre & co huh.
ezdiy: BitHub: whats worse,
there are rich people who die alone
BitHub: because
they're poor and scared
to die alone
BitHub: new girls
turning 18 every day
BitHub: but at
the end of
the day right its a numbers game
BitHub: heh better ban yourself
then
BitHub: or
that alpha male
technique
thingy
ezdiy: BitHub: why not?
this sort of
talk leads
to guys one-upping each other
BitHub: don't listen
to mircea when it comes
to girls
mircea_popescu: girls don't mind eating a girl out once
they figure out it's safe.
Bugpowder: I was not ready for
that at 20 yr old
Bugpowder: I went from having NO women,
to 2 hot girlfriends at
the same
time
mircea_popescu: they're
the only ones
that can go yes or no on
the first presentation and stick
to it.
Bugpowder: I read all
this shit when it was just on
that web forum
Bugpowder: which is
tricky, because doing
the meta-game game usually doesn't not go well.
ezdiy: smart women realize
that :)
BitHub: better off reading robert greene books
tho
Bugpowder: and now deal with everyone know about
The Game
Bugpowder: of course, you must be savvy enough
to adapt it
to your own style
Bugpowder: There is a lot of
truth in 'The Game'
BitHub: i only
trust asicminer
BitHub: well
the ddos bs, same guy as gox?
BitHub: is
the site issues all good now mircea?
ezdiy: or human, for
that matter lol
ezdiy: try
that with any self-respecting woman
Bugpowder: you need a client
that can say, fuck 100% at 10MM, let's
try for
the 30% shot at 100MM
ezdiy: mircea_popescu: i'm afraid
this is not universally acceptable *g*
mircea_popescu: works with women,
too. ask her out. she fails
to accept... well... he'll have
to work at it next
time.
mircea_popescu: Bugpowder
this is incidentally why i never raise offers. i make an offer. any further discussion is met with a deduction from
the offer.
BitHub: yes but
this one is lulz
Bugpowder: so when a defendant finally raises
the settlement offer from 1MM
to $10MM,
the client doesn't piss himself and
take
the money
ezdiy: Bugpowder: until you're overrun by competition which caters
to long
trail :)
Bugpowder: You want a client
that already is rich
mircea_popescu: well...
the old black swan. 'it never happened
therefore it's impossible" fallacy.
Bugpowder: well,
taleb may be restating our ideas
gribble: smickles was last seen in #bitcoin-assets 1 week, 4 days, 19 hours, 50 minutes, and 28 seconds ago: <smickles> a bitcoin atm could be
the easiest way
to send money
to a friend, each of you just goes
to an atm
mircea_popescu: Bugpowder also someone will
tend
to represent a 49/51 chance as a 33/66 chance and a 1/99 chance as a 0/100 chance.
Bugpowder: similar
thing in settlement negotiations
Bugpowder: If you give someone a 50/50 chance of making $1,000,000 or a 100% change of maki ng $500,000, unless
they already have many million in
the bank,
they will invariably pick
the sure bet.
ThickAsThieves: speculation is being at
the front of
the herd, rather
than
the back, where
the wolves are
ezdiy: mircea_popescu: martingale is for
truly iniform random walk
mircea_popescu: we just don't have
that many different
things available.
Bugpowder: I
think it boils down
to psychology