980600+ entries in 0.707s
dub: palladium is
the new hotness with
the hookers and blow set
nyRednek: well, gold is worth more
than platinum atm, so...yeah
dub: gold, pff, call me when
they
take
the palladium
nyRednek: smickles, i was assuming it was a federal law, as well, due
to
the interstate nature of
the order
mircea_popescu: has anyone noticed
the big move
today, ie germany
taking its gold back from ny ?
mircea_popescu: dub yes, you have
the right
to free rectal examinations with any airline
ticked bought.
dub: next you'll
tell me
there are constitutional rights or something euqlly crazy
smickles: mircea_popescu:
the article i just skimmed said
that
the ny judge 'shut
them down'
dub: since when has law been a basis for
the justice system anyway?
mircea_popescu: smickles i presume cause nobody wants
to do business with
them anymore because nobody's sure if
they have or haven't backdoored
smickles: why don't
they just keep doing business
mircea_popescu: smickles his generalisation is unwarranted. one particular da's dirty got blown in
the open is all.
nyRednek: smickles, i'll look, it might actually be in
the new york code
smickles: can you help me find
the law
that
those people are breaking?
Luke-Jr: which seems
to be focussed on more
than just
the question
Luke-Jr: I'm not curious enough
to read
that long
thing
smickles: nyRednek: not under
that law, i'm sure
smickles: and is
the only federal online gambling law i've yet read
smickles: nyRednek: it makes it illeagal
to accept money for online gambling, it seems
smickles: nyRednek: i'm looking
thru it again, but
that doesn't make it illegal
to promote gambling
nyRednek: yeah, dumping s.dice
through my proxy, as well...give it an hour and it'll be a little lower
Bugpowder: I cornered
the market
this morning
mircea_popescu: anyway.
that arrest is possibly
the worst setback for gambling prosecution in
the past year or
two.
mircea_popescu: threatening a honest citizen with unwarranted prosecution if he refuses
to break
the law will be a
tough sell as good faith.
nyRednek: "in good faith" is hard
to disprove
mircea_popescu: not particularly hard a
thing
to do, but certainly exhilirating in any case.
mircea_popescu: eyah, well,
that may not give you
the best perspective i guess.
Luke-Jr: Bugpowder: FBI basically forced
that FWIW
nyRednek: mircea_popescu, i've been on
the receiving end of ill-executed criminal justice efforts
smickles: no link or code # for
the law?
nyRednek: mircea_popescu, it doesn't work
that way here
mircea_popescu: it wouldn't surprise me if
the das involved end up in jail.
mircea_popescu: nyRednek
that was
the most embarrasing botched conspiracy
to pervert
the course of justice ever
nyRednek: a guy was arrested recently who just sold software
to gambling sites
mircea_popescu: you coder people, instead of arguing with your implicit boss, should just stfu and go
to work
mircea_popescu: Luke-Jr not rly. but you won't go anywhere.
the model works like
this because it's sound like
this.
Luke-Jr: nyRednek: so like, if I
tell people about other not-DDoSing-Bitcoin gambling sites
to use instead of SD, I'm in
trouble? :o
Bugpowder: The NY dude
that got arrested recently was state
mircea_popescu: Bugpowder he's confused.
there's
the using banking for gambling federal
thing.
smickles: nyRednek: can you point me
to
that law pleas :)
mircea_popescu: nyRednek do you really
think anyone cares what
the us
thinks about anything ?
Bugpowder: I love how
the price keeps going up during
this discussion
nyRednek: smickles, doesn't matter if
the online gambling is legal in jurisdiction
that it is based in
smickles: Luke-Jr: but satoshidice is registered in ireland or something like
that
nyRednek: smickles, doesn't matter where
the company is based
Luke-Jr: Bugpowder: which is why Linden Labs had
to remove all random from Second Life
mircea_popescu: Luke-Jr
that certainty is easy
to reach if you stick
to people who agree with you.
smickles: why would
the operator go
to prison?
Luke-Jr: mircea_popescu: I'm pretty sure you're
the minority anarchist nutcase.
nyRednek: Luke-Jr, oh, he's going
to prison
Luke-Jr: Bugpowder: how is
that NOT inevitable?
mircea_popescu: Luke-Jr i don't mean
the imaginary bitcoin you jack off
to.
Luke-Jr: mircea_popescu: no, Erik is damaging
to bitcoin
Bugpowder: passthru's are removing stock from
the market
Luke-Jr: Bugpowder: it's more of an inevitable certainty
than a risk, really
mircea_popescu: Luke-Jr pestering erik atm is
the single most damaging
thing
that can happen
to bitcoin.
mircea_popescu: nyRednek it looks
the same
to me
too. it's what it looks like.
mircea_popescu: then
that sold out, little by little, now
they pay 50 ?! 60 ?
Luke-Jr: guess it'll
take Erik's arrest
to crash S.DICE :/
mircea_popescu: i
think
the problem with btc finance is
that people have a crazy
time curve.
nyRednek: mircea_popescu,
that's what it looked like
to me
mircea_popescu: Bugpowder no, seriously, it looks
totally like a ponzi
Bugpowder: mostly due
to stock price appreciation
mircea_popescu: it's funny, cause actually mpoe/mpex largest loss was
the ~4k btc in august
Bugpowder: I probably lost more on F.GIGA.ETF
then everyone else put
together
mircea_popescu: Bugpowder i imagine he can't now, seeing how he wasn't
there at
the
time and prolly doesn't have a copy.
mircea_popescu: nyRednek i don't
think you're at all qualified
to discuss
the
topic.
nyRednek: mircea_popescu, well, what i just saw described is securities fraud...one wouldn't need
to find a serpentine lawyer
to deal with such
mircea_popescu: in
the unwarranted hope i'll settle. which i won't, so
that's moot.
mircea_popescu: nyRednek only if you could convince some ambulance chaser
that i'm really rich enough
to
take your "case" on %
nyRednek: mircea_popescu, were you
to appear in manhattan,
the argument whether a case exists would become more interesting
Bugpowder: well
they don't provide a better payout
nyRednek: i
think i'm just going
to be converting my btc into cash...traditional securities provide better payout and are more...secure
mircea_popescu: nyRednek prosecution is going
to be nigh on impossible for
the relatively simple reason
that
there's not a case.
Bugpowder: Coulda paid off jurov for
that I guess