log☇︎
947700+ entries in 0.7s
mircea_popescu: not how this works.
Diablo-D3: so that, too, is something I must do.
Diablo-D3: mircea_popescu: no company exists that can do what I want.
Diablo-D3: I'm more about the learning and doing, not the owning
Diablo-D3: money, well, doesn't really have that much of a grip in me
pigeons: well it works alright for google. not so well long term for many users
mircea_popescu: it'd be of interest if i were trying to marry a google paycheck or something.
mircea_popescu: the dickering, bickering, woes and troubles of wanna-be tech corps like google etc however...
Diablo-D3: I dont really care for what facebook actually is though
Diablo-D3: I find large scale data storage a very interesting topic
mircea_popescu: i am technically minded, i just don't happen to be a hipster.
Diablo-D3: you're not technically minded, thats why
mircea_popescu: i don't really follow/care about them gizmo corps
Diablo-D3: mircea_popescu: that rant popped up on HN shortly after it was posted
mircea_popescu: ;;later tell bugpowder you know that google rant was useful. i still don't think facebook is worth over 10 bucks but at least i understand now why it's not worth zero.
mircea_popescu: looks to me like a lot of newcomers drinking the visibility coolaid
mircea_popescu: this will end in tears.
kakobrekla: mircea_popescu that didnt take long https://bitcointalk.org/index.php?topic=151354.msg1636288#msg1636288
smickles: neat. I thought it sounded promising :)
kakobrekla: packing the latest one into a bot as we speak
smickles: how's the project been doing?
smickles: kakobrekla: were you the one who mentioned working on a kalman filter based trade bot?
Diablo-D3: I want DMC 2.0 to be successful
Bugpowder: Panic will commence at 0700 hours tomorrow morning
Bugpowder: I'm going to bed. Wasted enough time here... See ya next week.
mircea_popescu: Bugpowder ya asian mkts are getting the hammering
mircea_popescu: http://polimedia.us/dtng/c/src/136357582265.png check out this work of cubism
Diablo-D3: he basically did what IBM already did in the 60s
Diablo-D3: oh heh, I've read this one
Bugpowder: 6) Anyone who doesn't do this will be fired.
Bugpowder: 5) All service interfaces, without exception, must be designed from the ground up to be externalizable.
Bugpowder: 1) All teams will henceforth expose their data and functionality through service interfaces. 2) Teams must communicate with each other through these interfaces. 3) There will be no other form of interprocess communication allowed:
Diablo-D3: (oddly enough, I finally ordered a book from them for the first time, and I've done thousands of dollars of business with them over the past however many years)
Bugpowder: You are familiar with the Yegge rant right?
Diablo-D3: its not because they're a successful bookstore.
Diablo-D3: they're physically the biggest
Bugpowder: they have the most drives?
Bugpowder: do you think that is why they are winning?
Diablo-D3: using today's tech, I can pretty much take $100m and have more storage than Amazon, and they're currently the largest public storage pool available
Diablo-D3: the original plan I didn't show anyone in the bitcoin community was on the order of a hundred racks or more
Diablo-D3: kakobrekla: yeah, and I shouldnt have paired it down to only a dozen or two racks
Diablo-D3: I dunno, I think where I failed with DMC is I paired the plan down too small
mircea_popescu: hey look at that, ciuciu has funds now
Diablo-D3: kakobrekla: I dont get the reference
mircea_popescu: i tihnk in about five years the cost of a seat on this chan will be like... 30 btc.
Diablo-D3: Bugpowder: hurrr, its not actually going to be called dmc 2.0
Bugpowder: First, drop the 2.0. Call it DMC^2
Diablo-D3: smickles: this is still a startup
Diablo-D3: usagi: I've heard this, and yes, I agree
smickles: that's 'a startup' tho, they play by different rules
Bugpowder: Delaware's 2012 rev = $3.36 billion, 30% of which (abt $985M) was from franchise+corp taxes+biz fees
smickles: and they lost my paperwork the first time
smickles: what's the other one?
Bugpowder: it's just one perspective, but it a better one than you have right now
Diablo-D3: >peter thiel
Bugpowder: Diablo-D3: You could start by reading ALL OF THIS. http://blakemasters.com/peter-thiels-cs183-startup/
Diablo-D3: mircea_popescu: I still think steve jobs died in 1984
smickles: Diablo-D3: heh, i have a simple business tho
mircea_popescu: Diablo-D3 same thing happened with the steves
Diablo-D3: usagi: the fucker doesn't even know how to program
smickles: consider the word 'company'
Diablo-D3: usagi: he had OTHER people do the technical work nearly for free
mircea_popescu: 3 is the magic number. if you get a chick and you both do her especially.
Diablo-D3: usagi: zuckerberg stole an idea and then sued his way out of trouble
Diablo-D3: I'd like to have someone who isn't an idiot when it comes to technology
Diablo-D3: but I don't want to be stuck as the technical cofounder
Diablo-D3: I'd like to have a cofounder
Bugpowder: You just need to find a decent MBA dude to partner with
Diablo-D3: mircea_popescu: oh gee thanks
Bugpowder: there are more MBAs out there than good ideas / people with skills
mircea_popescu: people with technical ability tend to be shy and suspicious. not trying to imply he has any technical ability ofcourse :D
Bugpowder: and MBAs link up with them
Bugpowder: Many business schools have courses where people come pitch their idea
mircea_popescu: Bugpowder incidentally, i think he's describing the problem that keeps 90% from all ventures from happening.
Bugpowder: Well, you could try to present your idea to some freshly minted MBAs
Diablo-D3: Ive given people tiny little bits of trust, and look what they do with it
Diablo-D3: Bugpowder: yeah, and who would I trust for that job?
Diablo-D3: mircea_popescu: you're one of those type A personalities though
Diablo-D3: I think Im deaf in one ear now
Diablo-D3: goddamnit, whoever runs whatever shoutcast station Im listening to, STOP SENDING GARBAGE THROUGH THE PIPE
mircea_popescu: and that if you lunch.
mircea_popescu: it takes what, two hours to pick up a chick get shown around.
mircea_popescu: listen, i knew no one in any town i went to.
mircea_popescu: go there suck up to angels.
smickles: we've been in operation since jan14 this year, and today we just overcame the organizational expeses
Diablo-D3: maine is the optimum location for this business
mircea_popescu: train from maine to nyc costs you less than what you can panhandle in a day
Diablo-D3: I dont live in california though
mircea_popescu: Bugpowder has a point there. if organised freakshows / circus acts a la what gets funded by ycombinator can get 500k
mircea_popescu: pretty much everything involving the handling of money is not something that should be done by people without the experience of handling money.
smickles: Diablo-D3: actually, Smickles Accounting Services, a limited company is profitable as of today
Bugpowder: The angel funding environment is better than it has ever been
Diablo-D3: mircea_popescu: that'd be anything that makes money
mircea_popescu: believe it or not there is such a subset.
mircea_popescu: it's more of the case of, "the kind you shouldn't be starting if you're poor"
Diablo-D3: mircea_popescu: the kind that makes money
mircea_popescu: depends a lot on the sort of company you're starting.
Bugpowder: Diablo-D3: I don't think so
Diablo-D3: smickles: it costs $50k to start a company the right way
Diablo-D3: smickles: but yeah, no wonder the US economy is in shambles