926700+ entries in 0.674s
mircea_popescu: Insaneatyou you can do
that in
the regulated market
too.
Insaneatyou: asciilifeform - ah, yes, i hadn't quite realized
that you could do
that. It's an unregulated marekt
Bugpowder: I recommend watching clark moody with
the sound up loud
mircea_popescu: "I feel like I can't
talk
to anyone, because my own problems are stupid and insignificant, because I am stupid and insignificant."
Bugpowder: remove
the "looking
to" from
this sentence. "but
to be honest, I'm looking
to study Economics,
that's my area of interest"
mircea_popescu: asciilifeform what happened
to love you dark van gogh spirit you
gribble: BTCUSD
ticker | Best bid: 206.01001, Best ask: 206.29959, Bid-ask spread: 0.28958, Last
trade: 206.29959, 24 hour volume: 103646.77817016, 24 hour low: 172.13000, 24 hour high: 207.00000, 24 hour vwap: 189.53950
mircea_popescu: i like people who know
they're worthless pieces of garage.
Insaneatyou: I did much math before, but haven't used it in a while, i also used
to code some
Insaneatyou: My plan was
to load up after
the price drops from it's highs
mircea_popescu: best at solving complex problems but no math skills !? how exactly does
this work ?
Insaneatyou: but
to be honest, I'm looking
to study Economics,
that's my area of interest
Insaneatyou: I'm apparently
the worst at selling myself
Insaneatyou: I hate people but make a fair
to middling salesman
Insaneatyou: but I'd like
to pointout, i already mentioned
this
to MP
Insaneatyou: asciilifeform hey, I would love
to work with BTC but I am poor. MP said I should
talk
to you
bowjob: and i hate babies. all
they do is shit around
bowjob: nah. i had
this classmate knock a girl up when he was in hs. he's not so free
these days
gribble: BTCUSD
ticker | Best bid: 204.50000, Best ask: 204.60000, Bid-ask spread: 0.10000, Last
trade: 204.60000, 24 hour volume: 106092.82752189, 24 hour low: 172.13000, 24 hour high: 207.00000, 24 hour vwap: 188.99308
unbalanced_: I completely agree about finding people willing
to Do
The Work.
taub: bgupta: i haven't found out any correlation yet, but it's cute
to look at
bgupta: yeah.. but
the crossing of
the
threshold.. over 2 billion.. blah
thestringpuller: mircea_popescu: so
time in bitcoin is accelerated 1000x
to real life?
bgupta: taub: wondering if
that ratio
thing is a red herring.. and just a natural result of what happens when price goes up.. IE: people don't set out
to sell a fixed number of coins, but rather
they are selling
to raise a certain amount of fiat
to pay for bills/toys.. and in btc
terms
those keep getting cheaper as btc rallies.
bowjob: it used
to be him
trolling,
then I
turned
the
thread about cats...
then somehow it
tured out
to be an ATH
thread
MJR_: that was a hilarious
thread
bowjob: "Topic: I'm calling
the
top here @ $23.98961"
Olive6767: is
this me or btc-e
trades are not working currently?
bowjob: i assume
the other guy put some btc in,
thats why his got accepted
MJR_: i mean like a solid base for other people
to build an economy around
mircea_popescu: bowjob
there were
two bets, one had a zeroconf in it and was picked.
MJR_: ugh, i don't mean like
the bitcoin foundation
MJR_: become
the foundation
MJR_: only way is for someone
to do what you did in other spaces
mircea_popescu: other
than people who code
there doesn't really seem
to be any group in
the us with any sort of work ethic.
MJR_: mircea_popescu: I agree, don't need repackagers, need people willing
to work
MJR_: which may seem like a lot of cash, but it isn't really in
the grand scheme of where
they are now
mircea_popescu: MJR_ where "the services
they need" = other people doing all
the work so
they can just repackage it and pretend
to be apple./
MJR_: bloomberg started with 10 mil and 22
terminals
MJR_: and right now everyone is waiting for everyone else
to start
the business
that
they can have as a customer, but
they won't start it
till
they have
the services
they need
mircea_popescu: people just want
to dick around pressing f5 on some imaginary "getting rich"
thing
MJR_: and it does
take work and capital
bowjob: ... were
there 2 bets?
bowjob: For
this bet, I posted
the exact same bet, i dont see my addy
mircea_popescu: MJR_ i kept
trying
to push people
towards dfoing a blog, which is a subset of what you say but easier
to do (for a geek)
MJR_: bloomberg started small (i know most people can't believe
that
these monolithic huge corps were startups at one point)
MJR_: 1700 people on
the subreddit now...
MJR_: I
think if someone just read
the
top stories from reddit, and had a simple feed from
this channel on a youtube program, while showing bitcoinity, bitcoincharts, clarkmoody,
they could get ad revenue
MJR_: so eventually data services will be a part of
that, but for now its
trying
to get
the most bang for
the buck
MJR_: my plan is not
to
try and woo current customers but rather find a large pool of new customers, expanding
the pie rather
than redistributing it
mircea_popescu: this should work on
the long
term, stratefgically speaking
bgupta: right my point is in
this case, I sense
that
that a solid site could be built, and it would be useful, and get a lot of
traffic, but
there doesn't seem
to be a market yet of folks iwlling
to pay for a paywall service.. and ads can only bring in so much.
mircea_popescu: tbh i
think
the model is very good as it is : bitcoinity for
the crazed f5 mashing crowd, bitcoincharts for
the more in depth universal minded minds.
MJR_: I appreciate
the little easter eggs, and i
think people watch bitcoinity pretty religiously
jurov: MJR_ ur doing something
too, no?
MJR_: i
think
that if you want
to
talk about eyeballs on a screen, bitcoinity has
that...someone should create
the CNBC of bitcoin, and basically just do a youtube channel
talking about bitcoin related affairs with great market data in
the
ticker and sidebar.
mircea_popescu: granted, a geek might not be mentally capable
to
turn something useful into something productive.
mircea_popescu: otherwise, as far as websites go,
thuis would be
the highest
traffic website in btc.
jurov: while i'm at it, what price is used for exercises when btccharts isn't
there?
bgupta: what's
the revenue in running a pricing service?
mircea_popescu: the community has
to get ity's collective useless ass in a bunch and make a working service.
mircea_popescu: bgupta
the entire idea is
to separate data feeds and market
bgupta: I'd look at
the uptime/downtime numbers of
the public one
that's used, and see how often it's offline
jurov: i know but bitcoinity can make average vwap from
these 4 biggest exchanges
they have
there
bgupta: mircea_popescu: Am I observing incorrectly
that min/max and volume numbers go away if bots aren't playing?
jurov: can't you ask bitcoinity
to provide alternative feed?
mircea_popescu: if bot can't find pricing feed / is not sane it just doesn't quote,
tries again.
MJR_: i am more worried about everyone choosing
to just say, why bother selling at all...
mircea_popescu: <jurov> iirc mp said
they place orders with expiration date,
they don't actively cancel
them <<
this is correct.
MJR_: i
think it would be funny if one day all
the sellers decided
to list all
their coins at $1010101...for 10 minutes, just
to show people
that
they have
to choose
to sell