log☇︎
⏐︎ 11718
TheNewDeal: I was actually allowed to change my name :D
mike_c: tredos something something?
BingoBoingo: !up justlurking
BingoBoingo: ;;google manul
gribble: Pallas's cat - Wikipedia, the free encyclopedia: <;' target='_blank'>http://en.wikipedia.org/wiki/Pallas's_cat>; Pallas's Cat Manul - YouTube: <http://www.youtube.com/watch?v=F13bkwYYcxE>; Manul – the Cat that Time Forgot ~ The Ark In Space: <http://www.arkinspace.com/2011/04/manul-cat-that-time-forgot.html>
assbot: [MPEX] [S.MPOE] 25600 @ 0.00082303 = 21.0696 BTC [-] {5}
TheNewDeal: so I was just reading about the sentencing of Sabu. does anyone know the first time a judge mandated a keylogger in the USSA?
BingoBoingo: That we know of...
TheNewDeal: what?
TheNewDeal: I was asking what was the first time you heard of that
BingoBoingo: The first time a keylogger was mandated may have come from one of those seekrit courts
BingoBoingo: You know like the ones that order those drone strikes
TheNewDeal: not really. never heard of a court mandated drone strike
BingoBoingo: Well, Obama's a lawyer so he just kind of holds these things himself
BingoBoingo: It's why BitBet is a better court
TheNewDeal: reading about it as we speak
moiety: http://i.imgur.com/qQn4C.jpg
TheNewDeal: manul!?
moiety: TheNewDeal: yeah i get a note when manul is mentioned so i just returned a picture.... like a manual manul bot, if you will :D
assbot: Last 1 lines bashed and pending review. ( http://dpaste.com/0HF2694.txt )
BingoBoingo: !b 1 ✂︎
BingoBoingo: http://www.gomerblog.com/2014/01/patients-die/
assbot: Medical Students Horrified to Learn that all Patients Die, Eventually | Medical Satire - GomerBlog
BingoBoingo: http://www.gomerblog.com/2013/11/weight-loss-worms/
assbot: Secret of Successful Weight Loss Clinic: Tape Worms | Medical Satire - GomerBlog
TheNewDeal: bingoboingo, that we weren't able to strike a deal on the difficulty had little to do with wording. More to do with you placing your bet later than I trying to sell my Yes bets
BingoBoingo: TheNewDeal: Well, it was a simple disagreement in pricing. Particularly how to price these things. We both disagree on how to do it.
TheNewDeal: I think it's rather trivial to price them, but finding something that would make sense financially between the two of us was the difficult task
BingoBoingo: Well, there's also the problem whereing I lack the experience and reputation to feel comfortable selling a synthetic bet.
TheNewDeal: uncomfortable, it is *yoda voice*
BingoBoingo: Maybe if I MM'd MPOE options I'd feel comfortable offering a synthetic, but as a person who MM's ATC...
BingoBoingo: %book
atcbot: 2k@240 16k@235 50k@201 | 50k@161 216k@160 500k@151
TheNewDeal: haha
BingoBoingo: Even though the circumstances in which the actual underlying couldn't cover the synthetic would have been exceedingly unlikely... Trading on an artificial weight would have set a bad precedent.
BingoBoingo: %ticker
atcbot: [X-BT] Bid: 161 Ask: 201 Last Price: 201 24h-Vol: 37k High: 235 Low: 150 VWAP: 160
TheNewDeal: well you did offer the buyer (mike_c was it?) a discount on the price
TheNewDeal: which is essentially the same thing
BingoBoingo: TheNewDeal: Sure I offered a discount, and I tried offering you the same as well. A discount and a synthetic weight though are very different animals.
TheNewDeal: depending on the amount being purchased though
TheNewDeal: if you originally bet 1 btc, you could "get away with" selling .5 btc at double the timeweight
TheNewDeal: neglecting the 1% fee...
BingoBoingo: "get away with" at the cost of setting a horrible precedent
asciilifeform: sabu sentenced to keylogger << 2015: public urinator sentenced to toiletcam
TheNewDeal: hahahaha
BingoBoingo: !up Pierre_Rochard
punkman: ;;view
gribble: #20792 Wed Jun 18 20:53:44 2014 punkman SELL 1.0 hour of tech support @ 0.02 BTC (Support for bitbet.py (https://bitbucket.org/abfg/bitbet.py) , Minor feature requests accommodated. While supplies last.)
punkman: hurr hurr
TheNewDeal: tech support
TheNewDeal: can you expand
punkman: getting it installed, usage, etc
TheNewDeal: did you develop it?
punkman: in a hurry
TheNewDeal: might have to hit you up with that later
TheNewDeal: ;;rate punkman 0 bitbet.py developer, selling support
gribble: Error: Rating must be in the interval [-10, 10] and cannot be zero.
TheNewDeal: whaaat
TheNewDeal: haven't you heard of neutral gribble?
BingoBoingo: ;;rate punkman 1 gambling software
gribble: Rating entry successful. Your rating of 1 for user punkman has been recorded.
TheNewDeal: ;;rate punkman 1 bitbet.py developer, selling support
gribble: Rating entry successful. Your rating of 1 for user punkman has been recorded.
punkman: TheNewDeal: here's how it looks now: http://i.imgur.com/6mwsor1.png
TheNewDeal: yah I think bingoboingo was showing me outputs the other day
BingoBoingo: punkman: is this a whole new Bitbet.py
punkman: BingoBoingo: nothing to do with that old bitbets.py
BingoBoingo: punkman: Maybe give it a new name then...
BingoBoingo: TheNewDeal: I used the original
punkman: suggestions welcome, but levenshtein distance of 1 is good enough for me :P
TheNewDeal: here's a potential suggestion to ponder, we can talk about it more if I get back at you. Placing future bets to see how the pot changes
punkman: that's what it does
TheNewDeal: oh rery
TheNewDeal: it doesn't analyze only the current list of bets to date?
BingoBoingo: That's kinda the whole point of these tools
BingoBoingo: adding hypothetical future and past bets
BingoBoingo: Drugs http://assets.vice.com/content-images/contentimage/162417/1fing.jpg
BingoBoingo: Lead to http://gawker.com/teen-loses-finger-during-rave-keeps-going-because-bas-1592911313
assbot: Teen Loses Finger During Rave, Keeps Going Because "Bass Was Hard"
punkman: the "*me" bet in the screenshot is a hypothetical bet
TheNewDeal: ridiculous
moiety: i watched this program called "What Happens in Kavos" and it was all people like that. broken legs, ribs, noses but so wasted they either don't notice or don't feel it enough to do anything about it
BingoBoingo: Well, the right combinations of lights and sounds can be as dirorienting as the drugs
punkman: moiety: yeah that seems to be a common theme where brits go to vacation
moiety: so silly, why pay to get broken
BingoBoingo: Sometimes the fun in an activity comes from the potential for breaking, and the times people break reinforce the excitement.
BingoBoingo: http://www.newsweek.com/2014/06/27/steven-hatfills-strange-trip-accused-terrorist-medical-adventurer-255295.html
asciilifeform: ;;google bruce ivings
gribble: Bruce Edwards Ivins - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Bruce_Edwards_Ivins>; Affidavit in Support of Search Warrant - FindLaw Legal News: <http://news.findlaw.com/hdocs/docs/amerithrax/08-083-M-01-search-warrant-affidavit.pdf>; Long Term Housing Strategy - Bruce County, Ontario, Canada: <http://www.brucecounty.on.ca/services-health/social-housing (1 more message)
asciilifeform: BingoBoingo: ^ related
asciilifeform: ^ case of 'staple gun'-style 'suicide'
asciilifeform: scandal was pinned on the corpse. case closed.
BingoBoingo: Yeah. Hatfill's current plans are interesting though now that he has extracted money from the gasenwagen's cheerleaders
decimation: asciilifeform: have you seen this home-spun open source Verilog tool: http://www.clifford.at/yosys/
assbot: Yosys Open SYnthesis Suite :: About
BingoBoingo: Antrax was an absolutely stupid thing to try weaponizing while https://en.wikipedia.org/wiki/Burkholderia_pseudomallei exists
assbot: Burkholderia pseudomallei - Wikipedia, the free encyclopedia
decimation: supposed these people will make you a chip for ~$500 https://www.efabless.com/ - long on hype and short on details though
asciilifeform: decimation: these are a dime a dozen. not very useful for fpga work, as the latter have proprietary pieces that, if you do not use, leave you with a monstrously bloated design that fits nowhere.
kakobrekla: ;;rate punkman 1 bitbet cli dev ☟︎
gribble: Rating entry successful. Your rating of 1 for user punkman has been recorded.
asciilifeform: decimation: $500 << do they also have a bridge we can buy ?
decimation: yeah the problem is that even if you could get a chip made for free, the cost of reasonable tools to make reasonable designs are prohibative
asciilifeform: decimation: not really. can use, e.g. 'magic'
BingoBoingo: I kind of wonder what an asynchronous ASIC design would do to BTC mining
asciilifeform: BingoBoingo: only one way to find out
decimation: oh yeah I forgot that guy - I think you sent the link before. I was amused by the Tcl
decimation: http://www.planetanalog.com/author.asp?section_id=519 "MK: The cost is going to be dependent on the process technology, but let's assume it can be in 0.35 or 0.18. Most designs are probably going to be done for about $500 plus silicon costs which could be in the hundreds or low thousands of dollars. You will get your chips in about eight to ten weeks."
assbot: Planet Analog - Brian Bailey - Mohamed Kassem: Q&A With the Company Founder
BingoBoingo: asciilifeform: Of course. It would either be the last great way to profit from mining or an loss, magnitude to be determined
decimation: ancient process of course, but still would be very useful if true
asciilifeform: decimation: crucial details missing. e.g. turnaround, yield (% working), whether they package the dies
asciilifeform: (if unpackaged - have fun welding the gold whiskers on yourself)
BingoBoingo: "Hatfill looked up, holding his cash and smiling, and said, “At least let John Ashcroft pay for it.”"
asciilifeform: likewise, your design will go straight to the chicoms, who will produce it at their pleasure.
decimation: heh yeah unpackaged would be pretty useless
BingoBoingo: In about 12 hours I have an interview for a job in the bezzel economy, so pumped
asciilifeform: BingoBoingo: you've been starving all this time?
BingoBoingo: asciilifeform: Not starving, scraping. Live poor nao to live rich later.
BingoBoingo: ;;google site:trilema.com live to be a millionaire
gribble: How to live to be rich. pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/how-to-live-to-be-rich>; Queers pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2013/queers/>; Fred Quimby and ancient evils pe Trilema - Un blog de Mircea ...: <http://trilema.com/2014/fred-quimby-and-ancient-evils/>
asciilifeform: it's a great essay, but ought to have been named 'how to die to be rich'
assbot: [MPEX] [S.MPOE] 2250 @ 0.0008261 = 1.8587 BTC [+]
BingoBoingo: Eh, details
asciilifeform: also ignores certain unpleasant realities:
asciilifeform: e.g. http://log.bitcoin-assets.com/?date=06-04-2014#606983 ☝︎
assbot: #bitcoin-assets log
decimation: http://www.isegoria.net/2014/06/the-chaos-wrought-by-progressive-education/
assbot: The Chaos Wrought By Progressive Education « Isegoria
decimation: Everyone at our school knows who Dylan is. He comes and goes to lessons as he pleases, habitually swears at teachers, and is an accomplished playground bully. ... I was surprised to hear Dylan?s name announced. He had collected one of the largest amounts of ?reward stickers? in year seven, and was due to collect a prize. Many teachers, it turned out, had taken to bribing him with these stickers in a desperate attempt to appease his
decimation: unruliness.
BingoBoingo: asciilifeform: It turns out that the cure to an American "Liberal Arts" education is resenting the part where you live on dry noodles.
asciilifeform: plenty of engineers living on noodles.
asciilifeform: no longer monopoly of starving artists.
decimation: that kanzure dude is nuts
BingoBoingo: You also learn the color of the dandelion greens at their best if you are smart.
decimation: all the numbers I've see from the bay area companies show that senior engineers are making maybe $150k
decimation: when a 'house' costs 700-1000k, that's wave slavery
asciilifeform: decimation: kanzure is a friend of a good chum of mine. as i understand, he made 'fuck you money' in one of the last 'dotcom' bubbles and wanders around the world.
decimation: that's cool, but that's nothing to do with engineering salaries
decimation: Of course, there is a "power law" effect in these kinds of things - only the best guys make bank, the rest deminish exponentially
asciilifeform: i don't know him well. if you want to dispute his info, wake him up (he does - did? lurk here)
asciilifeform: ;;google tournament market
gribble: The Man Who Wasn't There | Science Careers: <http://sciencecareers.sciencemag.org/career_magazine/previous_issues/articles/2009_02_13/caredit.a0900021>; Marketing your first-year soccer tournament - TourneyCentral: <http://www.tourneycentral.com/marketing-your-first-year-soccer-tournament.html>; Five Keys to Marketing a New Soccer Tournament | The PTM Blog: (1 more message)
decimation: http://www.glassdoor.com/Salary/Google-Salaries-E9079.htm
assbot: Google Salaries and Benefits | Glassdoor
asciilifeform: 1st link
asciilifeform: see also greenspun.
asciilifeform: what a google grunt is paid is entirely uninteresting except in light of knowing what he pays to live
decimation: yeah, I was reading greenspun last night and I thought of you - his post about the low quality of rentals available to citizens
BingoBoingo: If I get this bezzel job I don't plan to pay more than $300.month to rent
asciilifeform: http://sciencecareers.sciencemag.org/career_magazine/previous_issues/articles/2009_02_13/caredit.a0900021 << recommended reading
assbot: The Man Who Wasn't There | Science Careers
asciilifeform: 'One of various ways of organizing work that economists have identified, a tournament market "offers participants the chance of winning a big prize--an independent research career, tenure, a named chair, scientific renown, awards--through competition," writes Richard Freeman and co-authors. Tournament markets amplify "small differences in productivity into large differences in recognition and reward," Freeman an ☟︎☟︎
asciilifeform: d co-authors continue. Academic science is only one such market; other familiar examples include rock music, professional sports, and national politics. ' ☟︎
asciilifeform: i often say to people, that they should calculate their salary per minute of doing-something-they'd-rather-not
asciilifeform: e.g. if you have to drive a car to the plant, start the 'clock' from when you turn the ignition key
asciilifeform: and stop it when you come home and take off your shoes
asciilifeform: likewise, subtract any money you are forced to spend (e.g. google man must pay $50k/yr, say, to live within 2 hrs. drive of the plant) from your salary.
asciilifeform: then see who is rich, who is a pauper
decimation: people don't want to do those calculations - they know the truth and they don't want to face it
asciilifeform: there's a reason, for example, why e.g. a spammer will 'work 16 hours a day to make money while he sleeps'
asciilifeform: no car, no boss, no $1000 suits, no clock, etc
asciilifeform: mr. spam can live in a roach-infested hovel and actually keep 90% of his bread crumbs
asciilifeform: mr. google - not so much
BingoBoingo: In the location I'm looking at $3.2 k/year rents a ten minute walk from work, no roomates, because they are horrible for opsec
decimation: what I would like an "economist" to explain to me is why we subject science and engineering to such high competition but professions like collecting welfare, teaching k-12, gov't employee, etc are subject to no pressure whatsoever
decimation: why do those people deserve to be sheltered from the harshness of reality?
asciilifeform: decimation: the pressure is moved to the queue in front of the pig trough
asciilifeform: decimation: bureaucrats are paid quite little if you perform my calculation
asciilifeform: at least where i live
decimation: yeah that's definitely true, even the top of the pile
asciilifeform: welfare folks 'pay' by having to live in specially designated concentration camps
decimation: hell Obama only makes $400k
decimation: teachers "pay" by being unable to actually practice their craft (see my above link)
Mats_cd03: wtf 3200/yr
asciilifeform: alaska?
Mats_cd03: are you living in a fucking trap house
decimation: alaska is actually pretty expensive
decimation: n. dakota is cheap
asciilifeform: afaik folks get housed on company dime at drilling platform
BingoBoingo: asciilifeform: Dying college town. Competing against a shortage of broke grad students
BingoBoingo: Mats_cd03: These places exist in the middle of the US
Mats_cd03: i see
decimation: re: redskins trademark cancellation : http://theden.tv/2014/06/18/u-s-patent-and-trade-office-cancels-disparaging-redskins-trademark/
assbot: U.S. Patent and Trade Office Cancels ‘Disparaging’ Redskins Trademark | Theden | Thedening the West
decimation: Federal trademark law does not permit registration of trademarks that ?may disparage? individuals or groups or ?bring them into contempt or disrepute.?
mircea_popescu: but the thing is... this wasn't being registered.
mircea_popescu: it was registered *already*
asciilifeform: decimation: this is a more interesting event than appears at first. they just zapped 'stare decisis'
mircea_popescu: what law allows the office to randomly re-register trademarks ?
mircea_popescu: asciilifeform exactly.
asciilifeform: e.g. the authority of the past N years, when the trademark was legal - where is it now.
decimation: I thought it was illeagal for a bill of attainder
mircea_popescu: basically the us has no further guaranteed rights.
decimation: what's the difference between making a law condeming joe to death, vs a law that condemns the redskins trademark to death?
decimation: for arbitray reasons?
mircea_popescu: not to property (the so called process "in rem", eminent domain, a whole list)
asciilifeform: decimation: no law involved - in the usual sense
mircea_popescu: not to fair process
mircea_popescu: not to anything
BingoBoingo: It is amazing people can talk in this state www.ilga.gov/legislation/ilcs/ilcs4.asp?DocName=072000050HArt.+26.5&ActID=1876&ChapterID=53&SeqStart=74600000&SeqEnd=75300000
assbot: AMAZING COMPANY!
mircea_popescu: decimation this wasn't a law, to begin with
mircea_popescu: the entire "attainder" thing is the result of internet fucktards opining on matters. i wouldn't repeat it.
decimation: yeah it's a civil case, as opposed to criminal
mircea_popescu: patents are an administrative matter.
decimation: oh yeah this isn't even a real court, just a commitee of government employees
decimation: well, derp derp who cares what the opinion of usg employees are
mircea_popescu: us citizens, as subjects of the usg.
decimation: so you often complain about the 'rule of law not men'
mircea_popescu: benkay: the word i got was that large, tech-heavy equipment gets stalled at the border. << anything fucktarder muricans do gets stalled everywhgere.
mircea_popescu: this is because nobody can stand them.
decimation: in this case, derpy nobodies are ruling
decimation: irrespective of controlling laws
BingoBoingo: I'm still realling that the Bitpay bought one of the most expensive and lowest return forms of advertising.
mircea_popescu: decimation the problem with trying to promote a system of "laws not men" is that ONLY men can rule. and so under the guise of "laws not men" that keeps actual men away
mircea_popescu: the cockless dickheads rule.
decimation: yeah, you could say that we are ruled by non-men, as opposed to men, because laws cannot rule anyone by themselves
asciilifeform: anything fucktarder muricans do gets stalled << whatever the reason - let's say benkay or i need to get a crate of strange through Ar door. no go, because passport is wrong color. or this is disinfo ?
mircea_popescu: TheNewDeal: noooo way ?<< yes way. these are the fuckwits that want to be involved as adults
mircea_popescu: instead of doing what i fucking tell them to do.
mircea_popescu: like the children they are.
mircea_popescu: asciilifeform possibly no go, because you don;'t know how to ask.
mircea_popescu: much like, you want to pick up a chick. no go, because... passport the wrong color ? notrly.
mircea_popescu: http://i.kinja-img.com/gawker-media/image/upload/s--1bXIe06V--/c_fit,fl_progressive,q_80,w_636/w33uouiq516gt1btjhjt.jpg << lol they dug upo that old gallippi pic did they
BingoBoingo: Yeah they did
mircea_popescu: did bitpay pr, ever clever and professional, have anything to say yet ?
asciilifeform: don't know how to ask << makes a difference if this is a fixable condition (know who to pay off, etc) or more difficult (have the correct uncle)
mircea_popescu: for something like importing machinery, definitely the former.
BingoBoingo: mircea_popescu: I've been looking around slowly. Not found anything yet.
mircea_popescu: today in the news, pretend you're a corp, pretend you've got 30mn investment, fail to have any pr whatsoever.
mircea_popescu: how people can be this stupid still amazes me. i mean sure, forum derps, okay, they're all by themselves.
mircea_popescu: but by now...
asciilifeform: mircea_popescu: consider benkay's point. if i have to wrap sample pcbs in benjamins to get them through customs, this ought to be considered a cost of doing business in Ar
BingoBoingo: http://www.coindesk.com/bitcoin-ncaa-college-football-bowl-sponsorship-bitpay/ is closest I've found to Bitpay Pr so far.
assbot: Attention Required! | CloudFlare
asciilifeform: doesn't look quite so cheap then, no?
BingoBoingo: Oh, coindesk nao hates assbot
mircea_popescu: lol attention required.
mircea_popescu: asciilifeform what was looking cheap in the first place, or what were we saying ?
BingoBoingo: I like how Bitpay couldn't even sponsor a game in a stadium actually suited to the sport.
asciilifeform: Ar, india, etc. look cheap to the uninitiated.
mircea_popescu: BingoBoingo it is not the place of start-ups to sponsor anyway
asciilifeform: until you move in and try to get, e.g. smt resistors shipped in from malaysia
mircea_popescu: asciilifeform sure, it's cheap. depends what you want.
asciilifeform: or pick'n'placers from russia
mircea_popescu: but if you want that, why the fuck would you not be in malaysia or russia.
asciilifeform: because not one of these actually contains everything you need for the production line
decimation: china/taiwan do
mircea_popescu: so what does argentina contain that you need for your production line ?
mircea_popescu: i keep trying to get this out for awhile nao
BingoBoingo: mircea_popescu: Not at all. I guess Imma have to blog.
asciilifeform: better question - what it doesn't contain.
asciilifeform: e.g. der wagen
mircea_popescu: and malaysia does ?!
BingoBoingo: asciilifeform: In any worthwhile endeavor the highest cost belongs to becoming initiated
decimation: well, it certianly isn't down the street from hong kong
BingoBoingo: %book
atcbot: 2k@240 16k@235 50k@201 | 50k@161 216k@160 500k@151
mircea_popescu: think strategically. argentina is a dead end. hong kong is a center. is your business suited for which exactly ?
mircea_popescu: dead ends are eminently defensible. centers are centers of trade for that reason
mircea_popescu: what are you building ?
asciilifeform: small electronic widgets.
decimation: there is a point to that. If you could become legally "untouchable" for a few $100k in bribes to the right people, that's of significant value
mircea_popescu: so then because of your dependency on azn manufacturers you conceivably want your business run there
asciilifeform: mircea_popescu: ever do business with han chinese ? ☟︎
mircea_popescu: notrly.
mircea_popescu: not on their turf, anyway.
asciilifeform: if you've no 'guanxi', you're 'not in his WoT'
asciilifeform: ;;google guanxi
mircea_popescu: i can attest that when you can have their head, they're reasonable, fwtw.
gribble: Guanxi - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Guanxi>; What is Guanxi? | World Learner Chinese: <http://www.worldlearnerchinese.com/content/what-guanxi>; Want To Capitalize On China? You Better Have Good Guanxi - Forbes: <http://www.forbes.com/sites/languatica/2012/03/15/want-to-capitalize-on-china-you-better-have-good-guanxi/>
mircea_popescu: that i doubt very much.
mircea_popescu: i've yet to have a problem with getting in the wot.
mircea_popescu: then again, im the sort that learns the language and fucks local.
decimation: mircea, I suspect the sayings of don colacho would be an excellent way to brush up on spanish: http://don-colacho.blogspot.com/
assbot: Don Colacho’s Aphorisms
mircea_popescu: but... it's in engliush ?!
asciilifeform: chinese 'WoT' (like in other asian nations) is very heavily tilted in direction of blood relation ☟︎
asciilifeform: or at least marriage
decimation: the original text isn't. click on a link and see the original: http://don-colacho.blogspot.com/2011/02/2862.html
assbot: Don Colacho’s Aphorisms: #2,862
mircea_popescu: asciilifeform everytrhing has its exceptions. what do i care what the statistics are ?
asciilifeform: they'll do buisiness, yes. and at some point, your operation takes off, you find your factory nationalized.
asciilifeform: or otherwise 'have problems'
mircea_popescu: whoredom is heavily tilted in the direction of blondes, yet any girl i train can top any brothel she wants.
mircea_popescu: or maybe they do.
decimation: http://don-colacho.blogspot.com/2010/01/30.html When people stop fighting for the possession of private property, they will fight for the usufruct in collective property.
assbot: Don Colacho’s Aphorisms: #30
asciilifeform: mircea_popescu: i can't rightfully say china is 'immovable object.' if you care to try 'irresistible force' there, we'll watch, cheer.
mircea_popescu: everything's an immovable object for something or the other.
mircea_popescu: how did they end up run by the mongols ?
BingoBoingo: "unstoppable force" actually beats immovable object in practice
decimation: so even usg's hilarious inflation numbers are showing inflation http://www.reuters.com/article/2014/06/17/us-usa-economy-idUSKBN0ES1C620140617
assbot: U.S. consumer prices show inflation ticking up| Reuters
asciilifeform is forced to reluctantly love chinese - they're the only 'pepsi' we've got left.
BingoBoingo: Actually unstoppable forces decay within several generations
decimation: I wonder if this has to do with the sudden uptick in acquisitions by the bezzle masters
mircea_popescu: what, argentines are pepsi too.
mircea_popescu: (to add to the humour, in romanian "being pepsi" pretty much means being fucked up)
asciilifeform: lol
moiety: night all :]
mircea_popescu: laters
asciilifeform: mircea_popescu: if you ever have time, consider writing a piece about Ar circa '98-'02
mircea_popescu: im really not that advanced just yet
asciilifeform: my (no means) expert understanding - they let themselves get arseraped by us banks
decimation: ascii why don't the russians get into electronics/computer manufacturing? have they managed to chase away the talent?
asciilifeform: decimation: start with the soviet mistake (circa mid-70s) of scrapping their own (interesting! e.g. trinary!) comp. research and deciding to copy western archs - e.g. pdp
asciilifeform: in order to run warez
asciilifeform: (western hardware was difficult to get - trade embargoed, had to go through shill companies)
mircea_popescu: asciilifeform i don't quite see it. so far, they got 50 bn or so, not paying it back
mircea_popescu: seems they assraped the us banks to me.
asciilifeform: http://ferfal.blogspot.com << disinfo ?
assbot: SURVIVING IN ARGENTINA
asciilifeform: mircea_popescu: this is rather like supposing that russia (default of late 90s) raped us banks
decimation: the elite did, kind of
mircea_popescu: asciilifeform didn't it ?
asciilifeform: for some value of 'it'
mircea_popescu: decimation the country is the elite.
mircea_popescu: mobile vulgus has no patria.
asciilifeform: the objective - entirely non-monetary - ensure that russian industry gets sawn apart for metals - was achieved.
mircea_popescu: asciilifeform the russian industry, such as it was, was crap. it was going to get sold for scrap anyway.
mircea_popescu: now, its owners had the unmitigated idiocy of not keeping proper capital on hand.
decimation: yeah when you have a traubant factory that employs 50,000 people things are not going to work out well in the long run
mircea_popescu: so a bankruptcy was necessary
BingoBoingo: In a firesale I wonder if Iowa has more value as agriculture or uranium
asciilifeform: was crap << complicated. if you want sovereignty - gotta crank out the hardware, best as you can.
mircea_popescu: not true.
mircea_popescu: im a sovereign that doesn't even suck its own cock, how about that!
mircea_popescu: shouldn't even exist!!1
asciilifeform: lenin suggested that the west 'will sell you the rope to hang it with.' not sure if this can be meant literally - could russia buy working nukes from the targets?
mircea_popescu: dude as if russian industry = nukes in any sense.
BingoBoingo: asciilifeform: Not the whole things, but lands were the scarce lives
decimation: I blame this guy http://jeffsachs.org/2012/03/what-i-did-in-russia/
assbot: What I did in Russia Jeffrey Sachs
mircea_popescu: every single piece of automotive machinery, from cars to trains, airplanes and anything else, that uses too much fuel to be economically usable is either russian make or russian design
asciilifeform: a surprising fraction of soviet economy reduced to - obscenely inefficient method of producing sovereignty-enforcement hardware
mircea_popescu: fucking saratov fridges doing 4kw to slightly cool three galons
asciilifeform: 4kw fridge. that the germans, swedes, whoever, can't blackmail you with by withholding
asciilifeform: gotta understand the mentality.
mircea_popescu: i do understand it, but i am pointing out iot's not all that it's cracked up to be.
mircea_popescu: putin gets this, incidentally.
asciilifeform: it's a siege mentality, necessarily extreme
mircea_popescu: no.
mircea_popescu: a siege mentality is not necessarily extreme.
mircea_popescu: it's lazily extrem
mircea_popescu: e
asciilifeform: sorta like the kind of fellow everyone must know, that got back from afghan and sleeps hugging his rifle, does nothing as hobby but clean and oil it, cycles the bolt at the slightest noise in the house
mircea_popescu: nothing wrong with owning a rifle, in good condition, and being ready and able to use it
asciilifeform: nothing.
mircea_popescu: however, that's not gonna make an omlet
asciilifeform: correct
asciilifeform: good to occasionally hug things that aren't the rifle, also
mircea_popescu: and so the ak-47 shaped spatulas, 18lbs of solid pig iron
mircea_popescu: are getting thrown away
mircea_popescu: because spatula is silicone
asciilifeform: from russian perspective - silicone that won't be there if the border closes
asciilifeform: pentium is great. but 'bk-0010' would've still been there.
mircea_popescu: dude do you see what sort of abused child grown up mentality is this ?
asciilifeform: sure
mircea_popescu: "i can't love you because what if you leave me"
asciilifeform doesn't live there now, but definitely gets it. if you grow up in ussr, '45 never really ends
asciilifeform: or, pessimistically, '41
decimation: http://www.forbes.com/sites/markadomanis/2013/07/25/dying-russias-birth-rate-is-now-higher-than-the-united-states/
assbot: 'Dying' Russia's Birth Rate Is Now Higher Than The United States' - Forbes
asciilifeform: trauma makes people - and cultures - pathologically conservative
asciilifeform wonders how applies to china, ought to ask the folks in the know
mircea_popescu: asciilifeform which is why im such a fan of things like pussy riot
asciilifeform: decimation: with our without dar al islam ?
asciilifeform: *or
mircea_popescu: the best thing for moscow today is if the rich kids started taking the girls nude on leashes on novskiwhateveritscalled
decimation: good point. "white america" definitely has a negative birth rate
asciilifeform: decimation: because last i checked, the entire place converts to tajikistan in <100yrs.
decimation: what about tartarstan
decimation: I guess they are pretty close to the Turkic Tajiks
mircea_popescu: you know these liniar projections never work.
decimation: sons of Khan
mircea_popescu: people were derping about how romania will be 90% gypsy by 20something in 1990.
mircea_popescu: it... still hasn't happened. the oppressed minority is still an oppressed minority.
decimation: mircea: re pussy riot: but ultimately they are tools of the western bezzle machine
mircea_popescu: not so.
mircea_popescu: they're too stupid to be the tools of anything.
mircea_popescu: at any rate, the notion that sensuality and the puritan caging thereof as displayed by the us (and uk before that) are in any way related...
mircea_popescu: purest historical accident. i can understand why us-ians would believe it, because they love to believe themselves relevant
mircea_popescu: but otherwise... lol.
decimation: I agree that the notions of puritanical modesty are hilarious. I was born in an old school Lutheran hospital (now closed) - my birth certificate's seal shows a doctor pulling a baby out of a vagina
decimation: somehow this was okay in Christianity 100 years ago but not today
mircea_popescu: decimation not what i meant. what i means was, the proposition that somehow girls naked in the street are tools of the us bezzle. it's ludicrous.
mircea_popescu: for all you know they're the tools of mp's world domination plans.
decimation: but they parrot and derp about equality, femenism, etc
mircea_popescu: sure. but nobody cares what they say, the only attraction is their nudity.
mircea_popescu: maybe some derps somewhere HOPE that they may embed their message this way, much like radio advertisers hope paying for the radio makes you buy coca cola
mircea_popescu: but the thing still is what it is : nude chicks in a badly abused, utterly frigid, compulsively conservatory society.
mircea_popescu: balm.
decimation: so it would seem that putin is also sending a message about women by caging them
mircea_popescu: putin has the disadvantage of being actually stuck ruling the thing
mircea_popescu: he has to do all sorts of stupid shit.
mircea_popescu: or who knows, maybe he's personally dumb on the score i guess.
decimation: well, he certainly want to encourage fertility, and sending the message that it's okay for russian women to aspire to childless eat pray love isn't the way to get there
decimation: https://www.youtube.com/watch?v=gjI0KYl9gWs
assbot: Pussy Riot - Putin will teach you how to love / - YouTube
decimation: skip to 2:05 to watch Cossacks beat them
assbot: [HAVELOCK] [PETA] 11 @ 0.06924233 = 0.7617 BTC [-]
asciilifeform: mircea_popescu: my understanding - fellow with a contract on his head should perhaps sleep with rifle. the one without contract - with girl. whether 4kw fridge, bk0010, etc. is batshit - or genius - depends on which box russia sits in
mircea_popescu: so which kind am i ?
asciilifeform: ask mircea_popescu
mircea_popescu: ok, what kind are you ?
mircea_popescu: what kind is antonoderpulous ? does he have a contract on his head ? twitter says so.
asciilifeform: the kind who 'dies just once'
mircea_popescu: no but i mean, gimme something actionable as per the plan you laid out above.
asciilifeform: lol
BingoBoingo: Seems the solution is to have enough girls to sleep with girl while girl guards door with rifle
mircea_popescu: can't hurt.
asciilifeform: going back to russia/industry: according to 'hardcore' russian folks, the west deprived the nation of crucial natural resource - one still abundant in, e.g. china. of course they aren't talking about lanthanides, but... girls who will birth half a dozen kids and work in factory without toilet breaks
mircea_popescu: decimation got really hot an' bothered watching cussacks beat on lanky ukrainian teenagers, is nao off to molest wife
assbot: [HAVELOCK] [CFIG] 20 @ 0.04639999 = 0.928 BTC [+] {8}
asciilifeform lol just got back from molestation
mircea_popescu: asciilifeform you'll have to explain this tro me so it makes sense
mircea_popescu: asciilifeform o, you're doing the same one ?! (know the joke ?)
asciilifeform: mircea_popescu: the two chaps with the toothbrush, aye
mircea_popescu: no.
asciilifeform: ...?
mircea_popescu: pussy riot gets $1bn to study mating habits across europe.
mircea_popescu: for this purpose, they sequester one woman and two men for a week, then interview them,
mircea_popescu: the english : well... we were never introduced, so we just read the newspapers all week. it was fuckign boring.
mircea_popescu: the french : oh, Leo, Lea, Elie
mircea_popescu: (http://www.youtube.com/watch?v=UhjVKOPUIcc if you don't klnow it)
asciilifeform: lol
mircea_popescu: the russians : omg this was awful. all night long they took turns fucking me in all the holes
mircea_popescu: and all day long they held syndicate meetings to criticise me for being a whore
mircea_popescu: wb.
mircea_popescu: that was... rapid ?
decimation: "decimation got really hot an' bothered watching cussacks beat on lanky ukrainian teenagers" << not really my cup of tea, but relevant
decimation: my stupid vpn dropped me like a hot potato, thought conversation was over
mircea_popescu: pretty cool how it worked out lol
asciilifeform: mircea_popescu: http://cluborlov.blogspot.com/2014/03/the-madness-of-president-putin.html << herr orlov on pussyriot etc
assbot: ClubOrlov: The Madness of President Putin
decimation: the thing I don't understand ascii is that it's clear that russia has the brainpower to make alternatives
decimation: even without all-night slave labor sv startup style
asciilifeform: decimation: go build a MOSFET with... brainpower
asciilifeform: industrial civilization doesn't get birthed from coffee shop (as discussed in one of mp's essays?)
asciilifeform: try mine uranium, tantalum, with brainpower
asciilifeform: get 50 rail cars of synthesis-grade nitric acid with brain.
decimation: This goes back to the warez - they seem like the answer to all your short term problems, but in the long run just get you hooked on the infrastructure
decimation: all of those things do require lots of brain power
assbot: [HAVELOCK] [AM1] 9 @ 0.22697248 = 2.0428 BTC [+]
decimation: but they also require getting humans to actually do the work
decimation: and... capital
asciilifeform: and 100 yrs. of infrastructure.
asciilifeform: japan jumped the gap - why? because they had the 'natural resource' ☟︎
decimation: it's true that it's much easier to get nitric acid when the nitric acid factory has been pumping it out two states away for a few decades
asciilifeform: - that being, six generations of people willing to work into the grave for a cup of rice ☟︎
decimation: the us had something like that a few decades ago, still coasting on its output
asciilifeform: let's take the liberty of abusing thermodynamics term, and say this is 'fuel'
asciilifeform: whereas u.s. (or moscow today) 'office plankton' is... ground state.
asciilifeform: fuel that's been burned.
asciilifeform: u.s. running on fumes.
asciilifeform: e.g. i can get pcbs made here. it just costs 35x what it does in shanghai.
asciilifeform: because american factory gurlz want toilet breaks, health care!, etc ☟︎
decimation: When I was in Hawaii last week I thought about this w.r.t. Hawaii. They own one of the most strategic islands on earth
decimation: it could easily outsingapore singapore with its location. but it won't, because it is a combination of bezzle playground and indian reservation
asciilifeform: decimation: it's only strategic value is as 'unsinkable ship'
asciilifeform: otherwise it's a pisshole. (try finding an industrial vendor who will even ship there)
asciilifeform: if you could build a singapore there, that's another matter.
decimation: well, yes, today. but I would wager that if you exchanged the populations of hawaii and singapore, it wouldn't look that way for long
asciilifeform: aye
asciilifeform: not sure how long singapore will last as other than chinese colony after u.s. navy is unplugged
asciilifeform: ditto taiwan
decimation: on Maui there is a statue to Sun Yet-Sen in an obscure park: http://gohawaii.about.com/od/mauisights/ig/sun_yat_sen_park/
assbot: Sun Yat Sen Park, Upcountry Maui Photo Gallery
decimation: when visiting, I discovered that Sun Yat Sen went to the same school as... Obama
decimation: when the usians are trading golden yuan pieces in a few decades they will remember this bit of history
asciilifeform: decimation: the middle kingdom != la serenissima. they'll be buying rice with paper yuans.
mircea_popescu: http://mpex.co/?mpsic=D.BPAY <
assbot: D.BPAY last @0.00000000
mircea_popescu: that's basically how it's gonna look. welcoming questions as to the contract etc.
asciilifeform: neato
mircea_popescu: prolly starting to trade monday
asciilifeform: proving that one holds shares on fiat exchange might be energy-intensive
decimation: this is true. the amusing thing to me is that Obama rose with the new left under Maoism... and China today embraces (in action, not words) Chinese nationalism and rejects Mao
asciilifeform: (suddenly you're going over bezzlar paperwork with magnifying glass)
mircea_popescu: asciilifeform why'd that be required ?
asciilifeform: nm bad reading
asciilifeform dug in ancient engine amidst mosquito clouds, tired
decimation: I'm confused about who the counterparty is
decimation: I assume it's just you with your bitcoin bank right?
asciilifeform: mp has bank now?!
decimation: I'm using "bank" to mean "pile of bitcoin"
mircea_popescu: decimation actually im going to make a fund, so people can buy into it.
mircea_popescu: but otherwise, yes.
decimation: this is kind of a more open-ended version of your berkshire bet?
mircea_popescu: http://mpex.co/?mpsic=D.BTGO
assbot: D.BTGO last @0.00000000
mircea_popescu: idem. if anyone wants to see more and they meet the criteria, let me know.
mircea_popescu: decimation not really. berkshire is not a shitstup
decimation: what happens if bitpay dissolves as an entity before a b or c happen?
decimation: shares go to zero value?
mircea_popescu: pretty much
decimation: I guess they are tickets to a show that never happened
mircea_popescu: something like that yea
asciilifeform: 'dead pool' ?
decimation: well, the seller of said tickets will be enriched ... :)
asciilifeform remembers 'fucked company'
decimation: still, to me it seems like you need to get a few of these to "fail" so you can build up a war chest as a credible counterparty
mircea_popescu: decimation why ?
Mats_cd03: how fucking ridiculous
asciilifeform: war chest is there, to everyone's satisfaction, i imagine
decimation: I like bitbet because it's extremely transparent that way
decimation: mats: what is rediculous?
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 604.34, Best ask: 605.46, Bid-ask spread: 1.12000, Last trade: 606.24, 24 hour volume: 5471.59645098, 24 hour low: 599.9, 24 hour high: 616.0, 24 hour vwap: 607.679332574
decimation: it's been racheting up slowly from 500
decimation: !down decimation
Mats_cd03: asks q then leaves while i type response
BingoBoingo: https://twitter.com/DorianSatoshi/status/479463088870412288
assbot: I was considering bidding on the seized SR bitcoin, but I think I'll just wait for the US Marshals to tweet the private keys to the winners.
mircea_popescu: lol
mircea_popescu: http://trilema.com/2014/introducing-fderp/
assbot: Introducing F.DERP pe Trilema - Un blog de Mircea Popescu.
Duffer1: o.0
mircea_popescu: quite.
mircea_popescu: justlurking: yep, starting my 6 month indoctrination thanks to pete << hey there.
mircea_popescu: kakobrekla: the investors will make a KLIPPING << ahahaha
mircea_popescu: dude i think kako is like the funniest guy here.
penguirker: New blog post: http://trilema.com/2014/introducing-fderp/
mircea_popescu: gribble: Rating entry successful. Your rating of 1 for user punkman has been recorded. << this warms my cold dark heart.
punkman: mircea_popescu: how so
mircea_popescu: BingoBoingo: ;;google site:trilema.com live to be a millionaire << shit i wrote that ?! in another decade trilema'll be new reading to me too ;/
mircea_popescu: punkman i like it when people build things upon things.
mircea_popescu: ;;google society for putting things on top of other things
gribble: Monty Python Royal Society for Putting Things on top of other things ...: <http://www.youtube.com/watch?v=1f-kfRREA8M>; Monty Python: Royal Society For Putting Things on Top of Other ...: <http://www.youtube.com/watch?v=5ixeRWrg0yg>; Monty Python: The Society for Putting Things on Top of Other Things: <http://www.montypython.net/scripts/society.php>
BingoBoingo: mircea_popescu: You wrote relatively recently
mircea_popescu: yeah, with it here i remember it.
mircea_popescu: “No one is wise enough or good enough to mould the character of any child… An adult generation that has seen two great wars and seems about to launch a third should not be trusted to mould the character of a rat.”
mircea_popescu: a.s. neil is perhaps the dumbest guy i read this year
mircea_popescu: what the fuck already. since when is war a disqualifier ?
asciilifeform: 'war - the mother of all things'
mircea_popescu: anyone wanna go kill this guy ?
mircea_popescu: or is he dead already ?
BingoBoingo: I'll assume he's already dead, at least on the inside
mircea_popescu: a well.
mircea_popescu: perhaps the next one.
asciilifeform: mircea_popescu: http://clubs.ya.ru/4611686018427388682/replies.xml?item_no=24517 << 'saratov' fridge. 93 Wt. cost: 76 rub. date of manuf.: 1969.
assbot: - .
asciilifeform: caption, among other things 'ran for 40 yrs.'
asciilifeform: plenty of comments, in the spirit, 'mine's built '65 and runs.'
asciilifeform thinks plenty of folks are grossly misinformed re: soviet hardware.
asciilifeform wonders in what western country you can buy a fridge that runs for 50 years. for $500? 5000, 50,000 ?
mircea_popescu: i was forcing a point !!1
asciilifeform: crappy soviet hardware is very real
mircea_popescu: that point being, that the russian (actually, german, pre ww2) model works just fine with no ecological consideration
asciilifeform: and largely came from lack of necessaries
mircea_popescu: or in otherwords, if you're willing to kill as many subhumans as it takes
asciilifeform: e.g. my father was once employed to reverse-engineer movie projectors
asciilifeform: couldn't get german steel for the part where the film stretches taught
asciilifeform: result - tolerances fail, film - snaps
asciilifeform: redesign. result -> cruddy kludge
mircea_popescu: myeah
asciilifeform: energy cost is a design parameter at the time of design - not now.
asciilifeform: my neighbour - rebuilds '40s-'50s amer cars.
mircea_popescu: o look at that, bids
mircea_popescu: $depth D.BPAY
empyex: mircea_popescu: Want a bash? http://bash.bitcoin-assets.com/?quote=92 Or use a valid MPSIC!
assbot: #bitcoin-assets bash
mircea_popescu: tsk tsk
FabianB: $depth D.BPAY
empyex: FabianB: [D.BPAY] Bids: 100 @ 0.25000000
empyex: FabianB: [D.BPAY] Asks:
assbot: [HAVELOCK] [CFIG] 17 @ 0.052 = 0.884 BTC [+]
asciilifeform: mircea_popescu: https://www.youtube.com/watch?v=tDvikAG7cD8#t=15 << 4-cycle petrol engine built from that fridge's compressor.
assbot: 4 - YouTube
mircea_popescu: ahaha
mircea_popescu: FabianB :) danke
FabianB: np :)
BingoBoingo: %book
atcbot: 2k@240 16k@235 50k@201 | 50k@161 216k@160 500k@151
mircea_popescu: lol is the 201 guy someone who bought at 200 and they figure THEY MUST PROFT
BingoBoingo: I have no idea
BingoBoingo: Maybe it is someone who wants to see the market go down to grab cheap ATC?
mircea_popescu: mebbe
assbot: [MPEX] [S.MPOE] 10550 @ 0.00082258 = 8.6782 BTC [-]
fluffypony: dump, rebut in lower
fluffypony: *rebuy
jurov: nice
jurov: mircea_popescu: can i open D.BBS and short my shares there?
jurov: but they'll prolly have negative price :(
jurov: anyway i'd be surprised if schmucks who may buy D.* have mpex or at least coinbr accounts *and* whole bitcoins
jurov: they'll prolly need free coinbr account provided i'll sell their souls.. does anyone want them?
jurov: lol what pm i got <Vexual> ill take a 0 fee br acct
jurov: !up Vexual
Vexual: yeah about the soul..
Vexual: i'm ot sure i've got full title
jurov: markov chains did n't use to have souls
jurov: that doesn't preclude them to be sold anyway
Vexual: yeah i'll have to read up on that
Vexual: with the 10 percent...
Vexual: perhaps someone will like to buy these
Vexual: id like to be the photographer when rich b sits down with mirc p
Vexual: i call it red wine and dentures
Vexual: cat hasn't even done a vice cover yet
Vexual: alternate cover:interviewer
assbot: [HAVELOCK] [PETA] 10 @ 0.06947992 = 0.6948 BTC [-] {2}
fluffypony: http://i.imgur.com/4xJH4ui.jpg
fluffypony: lol
punkman: https://pbs.twimg.com/media/Bpbw_MfIAAAXg1o.jpg:large
punkman: !up Vexual
assbot: [MPEX] [S.MPOE] 24755 @ 0.00082279 = 20.3682 BTC [+] {3}
penguirker: New blog post: http://www.thedrinkingrecord.com/2014/06/19/bitcoin-and-bowl-games/
Vexual: https://www.youtube.com/watch?v=cI9ifCMk0Dg
assbot: Rick Ross - Nobody (Explicit) ft. French Montana, Puff Daddy - YouTube
punkman: http://www.13wmaz.com/story/news/local/macon/2014/06/16/crime-reports-macon-june-16/10631943/
assbot: Bibb Crime Files: Man accidentally shoots himself in penis
Vexual: https://www.youtube.com/watch?v=Vkw-FOGn7mc
assbot: Iggy Azalea - Fancy - YouTube
Vexual: https://www.youtube.com/watch?v=sokdL-0iV9s
assbot: BODY COUNT - Talk S**t, Get Shot (Official Music Video) - YouTube
assbot: [HAVELOCK] [PETA] 35 @ 0.06967197 = 2.4385 BTC [+] {4}
assbot: [HAVELOCK] [PETA] 10 @ 0.06987478 = 0.6987 BTC [+]
assbot: [HAVELOCK] [PETA] 15 @ 0.06999999 = 1.05 BTC [+]
assbot: [MPEX] [S.MPOE] 10250 @ 0.00082424 = 8.4485 BTC [+]
assbot: [MPEX] [S.MPOE] 9450 @ 0.00082424 = 7.7891 BTC [+]
kakobrekla: !up ronkrt
kakobrekla: meh
kakobrekla: a.
assbot: [MPEX] [S.MPOE] 6050 @ 0.00082278 = 4.9778 BTC [-]
assbot: [HAVELOCK] [PETA] 79 @ 0.06822862 = 5.3901 BTC [-] {6}
assbot: [HAVELOCK] [PETA] 20 @ 0.06738554 = 1.3477 BTC [-] {5}
pankkake: http://www.reddit.com/r/Bitcoin/comments/28j5y1/the_future_of_money_part_two/
assbot: The Future of Money, Part Two. : Bitcoin
kakobrekla: lol
assbot: [MPEX] [S.MPOE] 31700 @ 0.00082201 = 26.0577 BTC [-] {3}
kakobrekla: http://bl.ocks.org/mbostock
assbot: bl.ocks.org - mbostock
assbot: [HAVELOCK] [PETA] 13 @ 0.06947638 = 0.9032 BTC [-]
assbot: [HAVELOCK] [PETA] 9 @ 0.0694999 = 0.6255 BTC [+]
assbot: [HAVELOCK] [PETA] 17 @ 0.06949931 = 1.1815 BTC [-] {3}
assbot: [HAVELOCK] [PETA] 53 @ 0.06999998 = 3.71 BTC [+] {4}
assbot: [HAVELOCK] [B.EXCH] 29 @ 0.03847462 = 1.1158 BTC [-]
assbot: [MPEX] [S.MPOE] 13800 @ 0.00082131 = 11.3341 BTC [-] {2}
mike_c: if i understand: BitPay get acquired by Facebook. D.BPAY holders are entitled to some share of the increase in facebook market cap.
mike_c: if that is true, it doesn't make a ton of sense to me. if Facebook pays the right amount for BitPay, market cap shouldn't move. Facebook will be -$1b in cash and +$1b in value due to bitpay.
mike_c: whereas bitpay investors will get rich.
fluffypony: wait, what?
fluffypony: Facebook is buying Bitpay?
mike_c: or at least liquid, since they were already rich in value.
mike_c: fluffypony: no, this is an example.
danielpbarron: I'm gonna be at porcfest next week; what can I do for the -assets community beyond generally promoting it in conversation?
mircea_popescu: danielpbarron want a tshirt ?
danielpbarron: I ordered one from nubbins` already; is there another shirt?
mircea_popescu: aok
mircea_popescu: nah i was gonna buy you one :)
danielpbarron: I don't expect that to arrive before I leave
mircea_popescu: well so next time
chetty: try to pay for stuff in bitcoin
mircea_popescu: or justkeep your bitcoin. either way :D
danielpbarron: i don't think i'll go to any future porcfests; i kinda regret buying the ticket for this one but i might as well use it at this point
danielpbarron: yeah i plan in selling stuff for BTC; not interested in shorting it
mircea_popescu: i never been, how they go ?
mike_c: http://porcfest.com/ hmm, i don't think this is what you're talking about.
assbot: PorcFest | The 11th Annual Porcupine Freedom Festival
danielpbarron: yeah that's it
mike_c: oh :) is the porcupine community into bitcoin?
mircea_popescu: now im getting airbnb spam
danielpbarron: i've never been either; it's gonna be teeming with what MP refers to as "libertards"
mircea_popescu: what the fuck srsly, the vc circuit is reducing to a spam&scamfest
danielpbarron: mike_c, yes; they were some of the earliest adopters
mircea_popescu: <danielpbarron> mike_c, yes; they were some of the earliest adopters << libertards srsly ?!
danielpbarron: mircea_popescu, the "free state project" participants, yes
mircea_popescu: ah yea
chetty: well thats a different breed of libtards, not lefties
danielpbarron: i recall some story of ver going to visit ian from free talk live and convincing them to accept BTC for selling ad space
danielpbarron: libertards != libtards
mike_c: ok, ok. this has nothing to do with the animal.
danielpbarron: i think aantonop is going to be there, among other "well known" idiots in the "bitcoin community"
kakobrekla: coinapult is a gold sponsor of the fest
kakobrekla: wear a helmet, i guess.
HeySteve: hello
HeySteve: wondering if anyone news sites have covered F.DERP yet...
HeySteve: uh any*
kakobrekla: i doubt
mircea_popescu: HeySteve go ahead.
mircea_popescu: anyway, off to a meeting, will bbl.
HeySteve: cool
HeySteve: mircea_popescu, I'd like to speak to you about it when you're back
fluffypony: !up peterl
fluffypony: !up peterl
peterl: trying to wrap my head around what F.DERP is
peterl: does it profit from the derp companies doing good or bad?
HeySteve: a bet against "amazing companies" I guess
assbot: AMAZING COMPANY!
HeySteve: wish I'd gotten short on that wannabe pornstar guy who gambled all his investor's funds away
kakobrekla: the thing is you cant go short cause idiots are idiots.
HeySteve: kakobrekla, I believe idiocy will eventually end in failure. sure there might be an initial boom while other idiots pile in but...
punkman: HeySteve: infinite hitpoints
kakobrekla: well not infinite but over 7 billion
kakobrekla: which i guess is as good as infinite
assbot: [HAVELOCK] [PETA] 10 @ 0.0695 = 0.695 BTC [+]
punkman: kakobrekla, the idiot pool could theoretically stop replenishing itself
HeySteve: I assume BitPay and BitGo (which I haven't heard of) are the relevant companies
punkman: I wouldn't bet on it
assbot: [HAVELOCK] [PETA] 10 @ 0.07 = 0.7 BTC [+]
assbot: [HAVELOCK] [PETA] 43 @ 0.06740031 = 2.8982 BTC [-] {5}
lobbes: the more I read the logs, the more humble I become. Then I read the blogs...
assbot: Last 1 lines bashed and pending review. ( http://dpaste.com/13VVSFH.txt )
kakobrekla: !b 1 ✂︎
kakobrekla: did ya read the bash?
ThickAsThieves: <+mike_c> ThickAsThieves: what do you think about creating seeds.therealaltcoin.org with node seeds. /// Sure, can someone provide the landing content/file? ;;later tell me or such, I'm very behind on logs and distracted by day trading lately
mike_c: sure, it's not a web page though, it's a DNS thing
mike_c: you add a bunch of A records in the DNS for active nodes. i'll let you know.
bitcoinpete: More lulzy feedback from the litecoin article:
bitcoinpete: "your article on litecoin is one of the worst, most unresearched journalism attempts ive ever seen. Hang your head in shame"
bitcoinpete: "your use of vocab is the least impressive and your facts are skewed only to meet your own objectives."
bitcoinpete: "Im guessing u havent been involved in crypto long as anyone who needs to research adv of litecoin clearly isnt crypto clued up"
penguirker: New blog post: http://bitcoinpete.com/2014/06/19/the-free-health-club-membership-an-experiment-in-roi/
bitcoinpete: dammit, thought i changed that url...
fluffypony: ThickAsThieves
asciilifeform: http://www.downforeveryoneorjustme.com/mpex.co
assbot: Down For Everyone Or Just Me -> Check if your website is down or up?
fluffypony: I already linked to the github repo for it
bitcoinpete: asciilifeform: huh
bitcoinpete: i'm seeing the same
bitcoinpete: https://twitter.com/KryptoKoolio/status/479635487213486080
assbot: /bitcoinpete Im guessing u havent been involved in crypto long as anyone who needs to research adv of litecoin clearly isnt crypto clued up
Blazedout419: ;;isitdown mpex.co
bitcoinpete: i really gotta get clued up
gribble: mpex.co is down
Blazedout419: ^^ grib can checks
kakobrekla: its down
asciilifeform: neato
bitcoinpete: quite neat
asciilifeform: mircea_popescu: another smoking disk ?
assbot: [HAVELOCK] [PETA] 100 @ 0.06504115 = 6.5041 BTC [-] {14}
kakobrekla: he is off on a meeting or smth
assbot: [HAVELOCK] [PETA] 10 @ 0.062 = 0.62 BTC [-]
penguirker: New blog post: http://bitcoinpete.com/2014/06/19/the-free-health-club-membership-an-experiment-in-monthly-vs-annual-payments/
bitcoinpete: so penguirker re-posts when the url is changed eh
mike_c: ;;isitdown mpex.coinbr.com
gribble: mpex.coinbr.com is up
fluffypony: modern teknologies
bitcoinpete: http://www.coindesk.com/bitcoin-foundation-forms-committee-create-bitcoin-unicode-symbol/ << committees!
assbot: Bitcoin Foundation Mulling Standard BTC Denominations, Bitcoin Unicode
fluffypony: bitcoinpete cut them some slack, they have to consider the long-reaching consequences of renaming "satoshis"...whatever will the altcoins think if they do?
fluffypony: bitcoinbong is still my favourite
bitcoinpete: lol
bitcoinpete: "that coffee will be 19 bitcoinbongs, please"
bitcoinpete: "The company known for computer chips on Thursday plans to announce the availability of an app that lets people leave offbeat animated messages using smartphones. It exploits the device’s camera and microphone to capture a user’s facial movements and voice, which are used to control cartoon-like figures known as avatars in recorded sequences."
bitcoinpete: http://blogs.wsj.com/digits/2014/06/19/intel-serves-up-mobile-message-avatars/
assbot: Intel Serves up Mobile-Message Avatars - Digits - WSJ
bitcoinpete: but i bet intel's rng is still good
bitcoinpete: on the amd side… http://blogs.wsj.com/digits/2014/06/19/amd-vows-25-fold-increase-in-chip-energy-efficiency/
assbot: AMD Vows 25-Fold Increase in Chip Energy-Efficiency - Digits - WSJ
bitcoinpete: which should be useful for mining and such
moiety: herro eberybady
bitcoinpete: moiety: heya
HeySteve: this could be important... http://wikileaks.org/tisa-financial/
assbot: Secret Trade in Services Agreement (TISA) - Financial Services Annex
assbot: [HAVELOCK] [AM1] 5 @ 0.2259989 = 1.13 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] [PAID] 1.72668865 BTC to 9`245 shares, 18677 satoshi per share
moiety: !up kermit
moiety: !up alex_c
moiety: omg im so nervous thinking about BB, can't wait to hear how it all went today. i know he'll be fine but still
assbot: [MPEX] [S.MPOE] 16100 @ 0.00082384 = 13.2638 BTC [+]
[]bot: Bet placed: 2 BTC for No on "Spain will advance from the 2014 World Cup group stage" http://bitbet.us/bet/912/ Odds: 5(Y):95(N) by coin, 9(Y):91(N) by weight. Total bet: 3.82877738 BTC. Current weight: 39,102.
FabianB: $traded
empyex: FabianB: Traded in last 24 hours: F.MPIF S.MPOE
pankkake: !mpif
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021674 BTC (Total: 433.49 BTC). Last trade for F.MPIF on MPEX was at 0.00021726 BTC [+]
moiety: they've made 11 videos from OSCON 2013 available for free http://www.oscon.com/oscon2014/public/content/mainstage-video?imm_mid=0be4b3&cmp=em-prog-confreg-info-os14_free_video_mainstage
assbot: Mainstage Video: OSCON 2014 - O'Reilly Conferences, July 20 - 24, 2014, Portland, OR
assbot: [MPEX] [S.MPOE] 24991 @ 0.0008251 = 20.6201 BTC [+]
bitstein: http://www.zerohedge.com/news/2014-06-18/putin-advisor-proposes-anti-dollar-alliance-halt-us-foreign-aggression + http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2248419 = much fun for bitcoin
assbot: Putin Advisor Proposes "Anti-Dollar Alliance" To Halt US Aggression Abroad | Zero Hedge
assbot: Regulating Digital Currencies: Bringing Bitcoin within the Reach of the IMF by Nicholas Plassaras :: SSRN
assbot: [HAVELOCK] [PETA] 16 @ 0.0666 = 1.0656 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 15 @ 0.06659999 = 0.999 BTC [-] {2}
HeySteve: yeah bitstein, seems russia are a move ahead again
HeySteve: mircea_popescu I am away now but will be back in about 8 hours or so
HeySteve: cheers all
kakobrekla: good luck
BingoBoingo: moiety: went well
moiety: :D brilliant BingoBoingo! When will they get in touch?
BingoBoingo: Late next week after the other interviews.
BingoBoingo: I think I've got this one.
BingoBoingo: Only two other people get interviewed
pankkake: http://www.huffingtonpost.com/2014/06/18/yo-app-1-million-dollars_n_5507634.html
assbot: An App That Does Nothing Except Say 'Yo' Raises One. Million. Dollars.
moiety: sorry for delay, just spilled coffee everywhere, which is really useful. only two others is even better BingoBoingo. do you think they will call? they're usually pretty good for that here
moiety: some people just make you wait on a letter which is just crap
BingoBoingo: moiety: They said they will. I think some things attractive about the job to me (odd hours, duties from four other people's jobs) are going to come out as turnoff in the other interviews.
moiety: exciting times! i think i've been more nervous than you today!
BingoBoingo: I also encountered one of asciilifeform's defective birds earlier in the day.
pankkake: ;;later tell bitcoinpete your latest post reminds me of the http://trollscience.com/ "infinite money"
assbot: Science You Wish Were True :: Troll Science
gribble: The operation succeeded.
BingoBoingo: Attacked my windshield, and then was made to comply with a standard
BingoBoingo: 'Murica http://www.salon.com/2014/06/19/honey_boo_boo_is_a_monster_what_reality_tv_did_to_the_pint_size_pageant_queen/
assbot: Honey Boo Boo is a monster: What reality TV did to the pint-size pageant queen - Salon.com
pankkake: …where the author realizes tv is fake. duh
asciilifeform: BingoBoingo: birds ?
BingoBoingo: asciilifeform: Defective bird attacked my windshield. Unlike the bird that attacked your window... THis one could only make one attempt before being corrected by physics.
pankkake: !up aabtc
asciilifeform: helps when window moves.
BingoBoingo: asciilifeform: Indeed, self defending window. Only mess was some feathers and dust.
kakobrekla: !up bigtip
asciilifeform: pankkake, BingoBoingo: https://vimeo.com/68401939
assbot: Simpsons - Thermodynamic 2nd Law on Vimeo
pankkake: lol /r/litecoin is bagholding so damn hard
BingoBoingo: %book
atcbot: 35k@250 52k@240 16k@235 | 50k@161 216k@160 500k@151
BingoBoingo: %ticker
atcbot: [X-BT] Bid: 175 Ask: 235 Last Price: 201 24h-Vol: 58k High: 201 Low: 200 VWAP: 200
pankkake: http://www.reddit.com/r/litecoin/comments/28k4v8/why_does_everybody_lie_and_say_that_litecoin_is/ lol so butthurt
assbot: Why does everybody lie and say that Litecoin is faster than Bitcoin? : litecoin
BingoBoingo: asciilifeform: Like with winnie the pooh do the Russians have a less jaundiced Simpsons?
asciilifeform: BingoBoingo: not afaik
BingoBoingo: Shame
pankkake: they have winnie the poo?
asciilifeform: pankkake: e.g. https://www.youtube.com/watch?v=Bn5swOZ1EYk
assbot: . . HD ! - YouTube
penguirker: New blog post: http://bitcoinassetsreception.wordpress.com/2014/06/19/update/
assbot: [HAVELOCK] [PETA] 16 @ 0.0666 = 1.0656 BTC [+]
assbot: [HAVELOCK] [AM1] 95 @ 0.2259989 = 21.4699 BTC [-]
assbot: [MPEX] [S.MPOE] 1890 @ 0.00082419 = 1.5577 BTC [-]
moiety: !up frank1e
ThickAsThieves: <+asciilifeform> 'Avarus, Inc. (“we”, “us”, “our”) was incorporated under the laws of the State of Delaware on September 20, 2010. The Company was originally organized as a “blank check” shell Company to investigate and acquire a target company or business seeking the perceived advantages of being a publicly held corporation.' << lol! /// The Havelock System
moiety: so do bits go missing from logs if assbot isn't here?
mike_c: yup
moiety: ah, thanks
FabianB: $traded
empyex: FabianB: Traded in last 24 hours: F.MPIF S.BBET S.MPOE
FabianB: aha, S.BBET during netsplit
benkay: gorgeous power politics: http://www.telegraph.co.uk/earth/energy/fracking/10911942/Russia-in-secret-plot-against-fracking-Nato-chief-says.html
assbot: Russia in secret plot against fracking, Nato chief says - Telegraph
assbot: [MPEX] [S.MPOE] 18200 @ 0.00082513 = 15.0174 BTC [+] {2}
benkay: http://www.rackspace.com/cloud/servers/onmetal/
benkay: http://thecodelesscode.com/case/26
assbot: The Codeless Code: Case 26 The Uncorrected Monk
asciilifeform: 'Perhaps the Russians are worried about our huge wind and solar potential, and have infiltrated the UK Government.' << lol. wreckers.
benkay: wreckers?
asciilifeform: benkay: https://en.wikipedia.org/wiki/Enemy_of_the_people
assbot: Enemy of the people - Wikipedia, the free encyclopedia
benkay: myeah
benkay: thx
pankkake: http://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
assbot: Bolivia's Central Bank Bans Bitcoin and All Digital Currencies
benkay: pankkake: it begins :)
benkay: argentina had a chance to do the same before the Migration
chetty: benkay, but argentina has this habit of doing different than everyone else
benkay: i wouldn't really know
benkay: haven't been around long enough or read enough
thestringpuller: !mpif
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021682 BTC (Total: 433.65 BTC). Last trade for F.MPIF on MPEX was at 0.00021726 BTC [+]
thestringpuller: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 171.39784744 BTC; +0.37267627 BTC (+0.2179%) since last check 1d 9h 3m 49s ago.
FabianB: $depth f.mpif
empyex: FabianB: [F.MPIF] Bids: 100 @ 0.00021682 100 @ 0.00021674 100 @ 0.00021667 100 @ 0.00021664
empyex: FabianB: [F.MPIF] Asks: 444 @ 0.00021726 56 @ 0.00023900 1000 @ 0.00024000 100000 @ 0.00029000
chetty: http://rinf.com/alt-news/breaking-news/wikileaks-publish-secret-trade-services-agreement-tisa-financial-services-annex/
assbot: Wikileaks Publish Secret Trade in Services Agreement (TISA) - Financial Services Annex
mircea_popescu: yo
benkay: o hai
mircea_popescu: how goes!
benkay: NEED MOAR DEALS
mircea_popescu: "Hello, mpex.co is under ddos. To stop the attack, send 0.25 BTC to 1DNExFs45Tmfyxp3aG9k9HQ1q6euWB7Sus ☟︎
mircea_popescu: It's one time payment, after which you will not hear from me again (and you are free to publish my name and email on your blog)"
benkay: monster is hungry and must be appeased
mircea_popescu: did this actually happen ?
mircea_popescu: i was out
mircea_popescu: o wait, i guess i didn't miss anything. "If you don't pay me now, tomorrow price will increase to 0.5 BTC."
asciilifeform: what kind of turdmeister asks for 1/4 btc ?!
chetty: uh isnt a ddos supposed ot make page load slow? fail
assbot: [MPEX] [S.MPOE] 16350 @ 0.00082155 = 13.4323 BTC [-] {4}
FabianB: lol
mircea_popescu: ask me not.
asciilifeform: well it was dead earlier today
mike_c: chetty: he paid him ;)
chetty: right
asciilifeform: guess the hand-cranked spamatron operator grew tired
mircea_popescu: i did ?!
mircea_popescu: hand cranked spamatron lol
mircea_popescu: i can't stop imagining various hand-cranked things
mircea_popescu: battleship.
mircea_popescu: offset press
mircea_popescu: john deere corn processor
asciilifeform: fridge.
mircea_popescu: ithink fridge, phone and washing machine actulaly existed
mircea_popescu: and dildo/vibrator, prolly.
asciilifeform: laugh now
asciilifeform: cry later:
asciilifeform: https://musingsonentropy.wordpress.com/2013/02/01/the-killcap-refrigerator-working-title
assbot: The KillCap Refrigerator | musings on entropy
asciilifeform: '...the machine I would most like to develop is a pedal powered refrigerator and possibly freezer.'
benkay: why fridges spill all the cold air out every time one opens them, i'll never understand.
mircea_popescu: so did england justget eliminated ?
asciilifeform: ('absorption' type fridge fueled with the bugger's own fat would be considerably more efficient. but for some reason he did not suggest this variant.)
asciilifeform: benkay: i once worked with laboratory (-80C) units that didn't. a pump moved the cold air to reservoir when you turned the handle. room air pumped in, door opens. reverse when close hadle.
asciilifeform: *handle
benkay: is this...sane?
asciilifeform: afaik this was to keep co2 crystals from covering everything
asciilifeform: (they still seemed to do so)
mircea_popescu: i think if they did it the other way you couldn't pass
asciilifeform: (that, and ice)
mircea_popescu: so i go to this place where i normally have an orange juice "exprimido" which means freshly pressed with a two liter bottle, asked them to fill it
mircea_popescu: girly is like... well you ok to wait a little ? we gotta send someone to buy oranges.
mircea_popescu: im more than happy to wait for real fresh juice
kakobrekla: it ends here?
kakobrekla: where is the "fuck off im outta here?"
nubbins`: http://www.theguardian.com/business/2014/jun/19/dov-charney-american-apparel
assbot: American Apparel sacks Dov Charney as chairman and suspends him as CEO | Business | The Guardian
nubbins`: ^ i lel'd
nubbins`: the fucked part is at the end where it says blank tees retail in their shops for 30GBP
nubbins`: :0
nubbins`: i mean, i know london is far from L.A.
mircea_popescu: kakobrekla i just read teh newspaper
assbot: [MPEX] [S.MPOE] 20808 @ 0.00081773 = 17.0153 BTC [-] {2}
mircea_popescu: nubbins` what'd he do anyway ?
nubbins`: just general sleaze, other execs got tired of it
nubbins`: oh and the whole losing $100m last year i guess didn't help
punkman: morning
mircea_popescu: ah
mircea_popescu: !up publio
nubbins`: evening, punkman
publio: thanks mp
mircea_popescu: sure.
publio: since btc is being touted as a replacement for fiat, has anybody been following the btcusd:xauusd ratio?
mircea_popescu: not much
benkay: ;;ticker --currency xau
gribble: Bitstamp BTCXAU ticker | Best bid: 0.480816, Best ask: 0.480832, Bid-ask spread: 0.00002, Last trade: 0.480832, 24 hour volume: 3043.21557294, 24 hour low: 0.480832, 24 hour high: 0.487984, 24 hour vwap: 0.0
benkay: publio: ^^
mircea_popescu: fwiw.
publio: gold shot up $40 today, yet btc is flat
assbot: [HAVELOCK] [PETA] 40 @ 0.06899998 = 2.76 BTC [+]
mircea_popescu: the relation is very slight.
nubbins`: ;;bc,xau
gribble: 1 XAU = 1319.300000000000 USD = 2.19700249792 BTC
nubbins`: http://imgur.com/pgRiYFC
assbot: imgur: the simple image sharer
nubbins`: "what's a zero in roman noomerels?"
benkay: oh god
punkman: lol
[]bot: Bet placed: 1.6 BTC for Yes on "Bitcoin price above $800 before July" http://bitbet.us/bet/799/ Odds: 31(Y):69(N) by coin, 30(Y):70(N) by weight. Total bet: 9.16199681 BTC. Current weight: 9,848.
nubbins`: "just draw it with corners"
benkay: roman numerals 2.3
mircea_popescu: ahaha
mircea_popescu: MMXV, II0IV, same shit
nubbins`: nod
assbot: [HAVELOCK] [PETA] 11 @ 0.06810728 = 0.7492 BTC [-] {2}
mircea_popescu: and then i rant about how us people don't speak latin. what speak latin lol.
mircea_popescu: jurov: mircea_popescu: can i open D.BBS and short my shares there? << what'd be d.bbs ?
nubbins`: blackberry sextenger
mircea_popescu: jurov: anyway i'd be surprised if schmucks who may buy D.* have mpex or at least coinbr accounts *and* whole bitcoins <<< are you saying the claim that someone "invested" 30mn usd in bitpay are false ?
penguirker: New blog post: http://trilema.com/2014/con-alma-de-tango/
mircea_popescu: mike_c:whereas bitpay investors will get rich. << how'd you go about it ?
mike_c: well, acquisition is liquidity event for bitpay investors, but if appropriately priced would not affect acquirer's short-term market cap.
mircea_popescu: but also if appropriately priced it'd be priced at 0.
nubbins`: heh
mike_c: to rephrase: buying a $1b asset does not change market cap.
mircea_popescu: anyway, reason the contracts aren't signed yet is because i wanna see what the general community thinks
mircea_popescu: buying a 1bn asset for 1bn does not change book value
mike_c: right.
mike_c: it just feels like a situation where bitpay fiat investors would clean up but d.bpay investors could lose big.
mircea_popescu: alternatively, bitpay gets sold for $50k to facebook, which moves up 25% that month
mircea_popescu: bitpay fiat investors get wiped, d.bpay make bank
mircea_popescu: there's really very little way to price fraudulent sales.
mircea_popescu: facebook can announce a 20bn buy of something worth 0 any time it pleases.
mircea_popescu: odds are it will do so.
mircea_popescu: if actual bitcoin is at stake, it doing so becomes a certainty.
mike_c: yeah.. but if the returns are not well connected to the returns fiat investors see (btc forex risk ignored) it may not have the effect you are looking for.
mircea_popescu: well, fortuntely economy is additive.
mircea_popescu: anyway, do you see a constructive solution ?
mike_c: i'm not sure i see one you will like.
mircea_popescu: let me be the judge of that lol
mike_c: well, facebook doesn't just announce a 20bn purchase. they are public, they have to record what they pay.
mike_c: so you could use that purchase price. this does get complicated with (cash + stock + incentives) though.
mircea_popescu: to some degree
mircea_popescu: but no, in general the "purchase price" is more of a pr device than an accounting device these days
mike_c: there are both, the PR and the accounting. the PR being cash + stock + incentives. but cash + stock is accounting
mike_c: of course, the stock is generally restricted..
mike_c: it's complicated. i'll ponder some more.
mike_c: in case you didn't realize, it's complicated! :D
mircea_popescu: :)
mircea_popescu: fluffypony:
mircea_popescu: bitcoinpete cut them some slack, they have to consider the long-reaching consequences of renaming "satoshis"...whatever will the altcoins think if they do? <<< course this is long ago resolved, http://trilema.com/2013/mpex-one-year-of-dividends/#identifier_4_47551
assbot: MPEx : one year of dividends pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: not entirely sure why the foundation derps think anyone asked them anything on the score, but then again... it's kinda what they do, isn't it.
bitcoinpete: ;;later tell pankkake lol yup, this is pretty much it http://trollscience.com/troll/view/8147
assbot: Infinite money! :: Troll Science
gribble: The operation succeeded.
bitcoinpete: ;;later tell fluffypony doesn't this remind you of usagi? http://trollscience.com/troll/view/8117
assbot: No more expired Milk! :: Troll Science
gribble: The operation succeeded.
TheNewDeal: bc,stats
TheNewDeal: ;;bc,stats
gribble: Current Blocks: 306715 | Current Difficulty: 1.346258011452534E10 | Next Difficulty At Block: 308447 | Next Difficulty In: 1732 blocks | Next Difficulty In About: 1 week, 3 days, 19 hours, 48 minutes, and 0 seconds | Next Difficulty Estimate: 14691342334.6 | Estimated Percent Change: 9.12724
mike_c: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 171.84862188 BTC; +0.45077444 BTC (+0.2630%) since last check 2h 17m 56s ago.
mike_c: whoops, somebody just dropped 60 btc on JD. there goes another startup.
bitcoinpete: looking good, TheNewDeal
TheNewDeal: for sure
bitcoinpete: fluffypony: mircea_popescu i found our term for 10'000 satoshi: satoshi's calf http://www.cockneyrhymingslang.co.uk/slang/cow_s_calf_1
assbot: Cow's calf is Cockney Rhyming Slang for 50 pence!
bitcoinpete: cow's calf is the only slang term for half a quid i could find
punkman: bitcoinpete: why don't we call it a moiety
moiety: please do! :D
bitcoinpete: punkman: that would be quite the honour
moiety: moiety means one half of a whole anyways
mircea_popescu: <mike_c> whoops, somebody just dropped 60 btc on JD. there goes another startup. << lmao
mircea_popescu: bitcoinpete i recall it was discussed here back then, FabianB came up with an azn term
mircea_popescu: guxy or something
bitcoinpete: a ic
bitcoinpete: "So let’s recognize the world has changed a bit over the last two decades and call them for what they are. These aren’t startups - and most of the upside from investing in these companies comes before they even go public, not after the fact."
bitcoinpete: http://blog.louisgray.com/2014/06/the-myth-of-billion-dollar-startup.html
assbot:  louisgray.com: The Myth of the Billion Dollar Startup
bitcoinpete: speaking of d.btgo and d.bpay
mircea_popescu: course the problem here is mpex is kinda the billion dollar start-up
mircea_popescu: or at least was, before inept management and so forth killed half its value :D
punkman: mircea_popescu: when did mpex peak?
mircea_popescu: i think when btc was 1.2k
mircea_popescu: in dollar syou mean ?
punkman: in btc
punkman: never mind ;)
mircea_popescu: in btc it sorta fought for 1 like 3 or 4 times
punkman: about this time last year
bitcoinpete: 1 guxy/moiety/satoshi's calf, that is...
mod6: punkman: here's a chart: http://www.btcalpha.com/mpex/stocks/s-mpoe/
assbot: S.MPOE Analysis - Btc Alpha
bitcoinpete: "I have found that being nice builds your reputation. I have found that leaving money on the table, and being generous, pays dividends." << fred wilson
bitcoinpete: http://avc.com/2014/06/be-nice-or-leave/
assbot: Be Nice Or Leave AVC
mircea_popescu: what's avc again ?
mircea_popescu: i'd like to short that idiocy.
punkman: is a blog
mthreat: he's a VC from NYC.
bitcoinpete: https://twitter.com/fredwilson
assbot: Fred Wilson (fredwilson) auf Twitter
mircea_popescu: mthreat no i know who the guy is, just, avc didn't compute
mircea_popescu: but whatever, leave hius blog. i wasn't even there.
TheNewDeal: anyone know of the mpoe vwap of the entirety of 2013?
TheNewDeal: just curious
punkman: https://www.youtube.com/watch?v=MFUKK6c_seY
assbot: Chet Baker "Summertime" - YouTube
TheNewDeal: can't believe someone put down 1.6 on BTC above 800 before july. 5 days ago would have had twice the timweight
bitcoinpete: saw that
bitcoinpete: bizarre
bitcoinpete: https://twitter.com/niccary/status/479241161568038912
assbot: Reddit asks. Reddit gets. /hashtag/sneakpeak?src=hash /hashtag/bitcoin?src=hash iOS /Apple coming soon http://t.co/pmdlO4KAyb
bitcoinpete: as is cary's pandering
TheNewDeal: even stranger. Go look at the last 2 bets on bastille day
decimation: ;;later tell Mats_cd03 I apologize for logging - I had to get some sleep for an early morning. I generally check the logs within a few days, so it's still productive to write for the record.
gribble: The operation succeeded.
bitcoinpete: TheNewDeal lol such weight
punkman: last 3 Yes bets on bastille bet are losers
decimation: re: wreckers - sounds like a good description of the environmental lobby to me. bring back RSFSR penal code article 58
TheNewDeal: wtf is going on blockchain.info
TheNewDeal: nvm must not refresh like I thought
asciilifeform: decimation: wreckers << brought up because of brits blaming russian agents for 'discounting our wonderful renewable energy potential'
bitcoinpete: off to the library...
decimation: yeah that's stupid. If I were Russia I would fund the environmentalists to protest sane solutions like nuclear fission and promote insane solutions like wind
decimation: supporting the losers who oppose the new pantheism of our elites would be dumb
asciilifeform: where do you imagine us/euro enviro-whiners came from
decimation: hehe yeah exactly. And the wreckers (kulaks, rednecks, red-staters, etc) are all the same 'round the world