nubbins`: i always thought the word "factoid" was a direct analogue of the phrase "useless trivia"
nubbins`: today, i find out i've been using this word incorrectly since childhood
mircea_popescu: <guevara246> the rationale being applied to chargeback and fraud < yes.
mircea_popescu: <TomServo> Now you had better !up him, in case he should care to comment. <<, your dry humour has been recorded :D
mircea_popescu: <thestringpuller> it's weird how this issue hasn't been addressed << they're called power rangers for a reason you know.
nubbins`: the definition of factoid was in fact a factoid for me this whole time
mircea_popescu: trivial or false information that exists more for being repeated than for being important
nubbins`: i was very nonplussed upon realizing this
mircea_popescu: nubbins` so what do you (erroneously) think it means now ?
mircea_popescu: From: Ana Samaniego Sent: Saturday, August 23, 2014 4:24 PM Subject: Hello I NEED YOUR PARTNERSHIP OF $49.5 MILLION USD. E-MAIL: jmorrow147@rogers.com
assbot: Dumplings (film) - Wikipedia, the free encyclopedia
nubbins`: mircea_popescu: analogous to "human" vs "humanoid"
mircea_popescu: nubbins` that's nonsense. next you're going to believe a tabloid is a littler table.
nubbins`: humanoid doesn't mean littler table!
nubbins`: humanoid doesn't mean littler human!
mircea_popescu: a humanoid is some sort of human-resembling thing. a factoid holds more prejudice : it's a nonfactual fact-looking thing.
assbot: Spheroid -- from Wolfram MathWorld
nubbins`: like someone who doesn't own btc
mircea_popescu: this should totally be a thing. "honey, i'm a virginoid."
mircea_popescu: "what's that ? " "like a virgin that's really obsessed with the notion people are trying to fuck her. paranoid virgin."
ThickAsThieves: this is actually what the bitcoin community does to everything
mircea_popescu: nubbins` see what you've doneoid ? i hope you're happyoid nao.
assbot: [MPEX] [S.MPOE] 22400 @ 0.0006346 = 14.215 BTC [-]
mircea_popescu: <asciilifeform> 'the irish maidens have not lost their virtue; they merely misplaced it by an inch.' << does this mean they imagine purity is about keeping their asshole undeflowered, or does it mean their hymen is now wrapped around their uterine head ?
nubbins` gestures emphatically at screen
BlueMeanie4: something neither provable nor disprovable, but simply annoying enough to be worthy of printing
BlueMeanie4: factoids are to fact what pizza rolls are to pizza
BlueMeanie4: they are not quite facts, but similar and have related qualities and are a diminished form of such
mircea_popescu: i wonder if there's a fetish where the guy wants to eat out girls that have priorly masturbated with pizza rolls
nubbins`: hemohorror, for when hemorrhaging scares you
assbot: How I was wrong : Cuckolding, or a story about sigmas pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: so what exactly is going on in crypto these days?
BlueMeanie4: i dont know im just not excited about anything i see
nubbins`: yeah, ##econometroid or something
nubbins`: BlueMeanie4: the rich get richer, the rubes get ruber
mircea_popescu: nubbins` you ain't black enough yo. if you were you'd have not got no options.
mircea_popescu: BlueMeanie4 why not ? are you like a loser or something ?
mircea_popescu: BlueMeanie4 anyway, nothing is happening in crypto since altcoin killed everything.
mircea_popescu: BlueMeanie4: so how do buy options/futures? << probably your best bet atm is otc. get in the wot, identify a trustworthy cp, sign a contract.
BlueMeanie4: we can build a real p2p financial instruments tool
mircea_popescu: we can't, because a) you're not in the wot so no we, and b) we already have.
BlueMeanie4: ok i guess it would be fair to give your platform a real vetting
mircea_popescu digs up wherever he said that something can either be decentralized or systematic, not both.
BlueMeanie4: i think IRC might be limited in key ways for this purpose
assbot: In which we discuss Datskovskiy’s discussion of MPEx pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: also you need to have securitization features
assbot: History, Travel, Arts, Science, People, Places | Smithsonian
assbot: GPG contracts pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: and the first contracts were probably marriage contracts
BlueMeanie4: hopefully you guys will be around here then
mircea_popescu: everything else went to shit, satoshi, mtgox, all the previous things that "were" bitcoin. we're still here.
nubbins`: BlueMeanie4 what kinda options/futures you looking to buy
BlueMeanie4: this is part of the problem, MARKETING is the big challenge for these sorts of instruments
mircea_popescu: nubbins` it's actually one of the best ways to get in the wot, fully paid future delivery contracts with someone already in. should be safe enough if dealing with a heavyweight for both parties.
mircea_popescu: BlueMeanie4 no it's not. they aren't for the mass market.
mircea_popescu: whenever the random idiot gets involved across the board, the economy goes to shit.
BlueMeanie4: actually our economic crisis was blamed on a sort of security
mircea_popescu: someone wants to cast a vote in the wonderous world of finance, he'd better demonstrate either intelligence or the ability to retain counsel.
BlueMeanie4: and there are MASSIVE outstanding instruments that most believe will collapse
BlueMeanie4: well part of the problem here is how to catalog the *offerings* for these instrumetns so I can easily invest or market them
BlueMeanie4: example I want to make a bond for my business
BlueMeanie4: but there are investors out there who might want to invest in my CLASS of credit
BlueMeanie4: but they know what class of credit you are in
BlueMeanie4: so this approach greatly increases liquidity
jborkl: Mircea, if I need credit for the next 3 days will my WOT suffice?
BlueMeanie4: well you WOT is one-dimensional. say you were to describe what the credit is FOR, ie. you want to finance a software project. then your market opens up, there are investors out there who invest in such things.
BlueMeanie4: also collateralized contracts are very useful
hanbot: thestringpuller: hanbot: was that a goodfella's reference? << yepper.
assbot: What the WoT is for, how it works and how to use it. pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: the point is that different classes of credit are valuable to different classes of people
BlueMeanie4: well WOT measures value by the person, not the type of credit this person is marketing
mircea_popescu: "i order a dildo and a box of cookies in the same shop. are they worth the same ?"
mircea_popescu: that's the wrong question. is it equally likely the store will deliver my order is the right question.
BlueMeanie4: thats a fairly specious and somewhat annoying response
mircea_popescu: and yes, i would say that they are equally likely to be delivered.
BlueMeanie4: yes i would buy one mortgage risk and not the other
mircea_popescu: it's nonsense to claim they're the same things but with different risks,.
BlueMeanie4: WOT only looks at the person issueing and while this isn't useless, it is possible to make much better systems
mircea_popescu: no, wot only looks at how likely it is for your cp to lie to you.
BlueMeanie4: but its EASIER to market it if i can catalogue by risk class
mircea_popescu: but the reason you can't is because that's a fucktarded system made by lazy apes that doesn't work
mircea_popescu: which is why you're here, and which is why i'm not on ws.
BlueMeanie4: youve got the basic contract mechanism, now you need securitizatino tools
BlueMeanie4: no you dont understand meaning of 'securitization'
BlueMeanie4: it means turning risk into a monetized resource
mircea_popescu: i do. the problem is that you'd like for shorthand that's accepted in an old, meanwhile abandoned system to work unioversally.
mircea_popescu: same principles, of course, but changes the engineer's life entirely.
BlueMeanie4: i can write a contract lets say a futures contract right?
mircea_popescu: hell, the ether future contract specifically said it will allow assignment even.
BlueMeanie4: because the VALUE of that RISK doesnt float on the market
mircea_popescu: no, it's not exactly the same. hence the comment above about shorthands,
BlueMeanie4: and the default collateral i can put on the market
mircea_popescu: hey, you wanna stick to doing it that way by all means.
mircea_popescu: go ahead. it ain't happening here, and it won't survive the decade.
BlueMeanie4: while thats a valid point, i dont think they failed BECAUSE of securitization altough these new methods did destablize
mircea_popescu: they didn't fail because of securitization directly, but nevertheless they will fail unavoidably for reasons rooted in why that particular kind of securitization works that particular way.
b00lcrap: i dont think we have officially met.
b00lcrap: well they tell me its a sinking shit
b00lcrap: but we have all just been upgrade to first class.
nubbins`: it's much better when your shit floats
nubbins`: no, the first one was better :D
BlueMeanie4: theres nothing wrong with securitization, it's just like debt based money- a school of morons believes it is evil by some undefined ethos
BlueMeanie4: every working currency we have is debt backed
assbot: The problem of too much money pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: no. bitcoin is not debt backed. every dysfunctional currency is debt backed.
b00lcrap: well that is reassuring. cuz i have many hungry mouths to feed
BlueMeanie4: i guess you get to be right until bitcoin fails?
BlueMeanie4: debt is the basic thing that gives money substance
mircea_popescu: BlueMeanie4 this is like saying vishnu is the basic thing giving the world movement.
BlueMeanie4: no it isn't - quite the opposite using gold or other commodities for money were a feature of primitive societies- you seem to have it backward
mircea_popescu: that's how it goes in the book your learned on. this is called didacticism : the sad habit of people to recreate history in terms of their preferred systematic approach.
mircea_popescu: otherwise, debt notes are older than coins, have been in use in china since forever.
BlueMeanie4: this sophistry doesnt work on me. its pretty simple really. if i hold a note that says YOU OWE ME TWENTY EGGS
mircea_popescu: which they bought because they think like you, in spite of me telling them not to.
BlueMeanie4: right so the margin between the actual eggs and my risk of actually getting them is what is the value of the note
mircea_popescu: now, you're more welcome to get burned a few times if you won't listen and feel entitled to call things sophistry.
BlueMeanie4: USDs are valuable because people, generally, think that the US govt will repay
nubbins`: fun story, was over at my folks' house this evening and my dad pulled out some old chartered bank notes
mircea_popescu: you are making a mistake jpm warned against. allow me to quote the old gentleman.
mircea_popescu: Untermyer: "Is not commercial credit based primarily upon money or property?"
mircea_popescu: Morgan: "Before money or property or anything else. Money cannot buy it...because a man I do not trust could not get money from me on all the bonds in Christendom."
nubbins`: came across a Bank of Montreal $20 bill
BlueMeanie4: ThickAsTheives- actually those kind of collection notes have a market
mircea_popescu: so no, it's not a thing equal to another thing, and they discount each other.
mircea_popescu: who i am and what eggs are comes before any numerical consideration of value.
BlueMeanie4: a 20 egg note is not worth 20 eggs, yes, it's up to the debtor to MAKE them worth 20 eggs. see how this works?
BlueMeanie4: well i dont really bear the burden of proof, these are facts of financial markets as they exist
mircea_popescu: how much are us gold backed debentures, worth cca 1931 ?
mircea_popescu: so look : you can sit in a car, and derive from the experiene of sitting there some idea as to how the car works.
mircea_popescu: this is fine, but it's a little silly to push that argument of familiarity too far.
mircea_popescu: these "financial markets" aren't a single thing, and they only work as you describe them when they don't actually work.
BlueMeanie4: i find it unfortunate that so many are bogged down with these voodoo economic ideas when they should be building better machinery to deliver real functions
mircea_popescu: well, to round the circle : i find it unfortunate that so many otherwise intelligent fellows are so fixated on their various habituations that they refuse to adapt and become useful for the future.
BlueMeanie4: ok but i fail to see any operable ideas here
BlueMeanie4: just suggestions that our current system is flawed in some way
mircea_popescu: but one point is important : the world you know has failed. this will require a pound of flesh out of everyone involved. whether it comes in the form of the intellectual humiliation where you say "we were wrong and the actual voodoo people at the table" and move on, or the actual physical humiliation that goes with being on the defeated side...
mircea_popescu: BlueMeanie4 well you gotta read to see the operable ideas.
BlueMeanie4: the basic laws of math and economics have not failed nor have they been altered
mircea_popescu: they have not. just, you never used any math and you never had much to say about economics.
X-Rob: mircea_popescu: Power issues. Will be off for possibly a couple more hours. Will pro-rata a discount at current estimated
gribble: The expected generation output, at 1700000.0 Mhps, given difficulty of 23844670038.8, is 0.0358545988072 BTC per day and 0.00149394161697 BTC per hour.
X-Rob: say 0.002/btc/hour
hanbot enjoyed this "debate"; i call it "let's read the convo via the logs and guess what mp's answers will be, then hit refresh and score ourselves"
BlueMeanie4: people market those kind of collection notes all the time
BlueMeanie4: say you had a million dollars in outstanding collections
X-Rob: mircea_popescu: no, that 1700 is actually at my house
BlueMeanie4: you system as far as i udnerstand it does not allwo for the transfer of obligations
X-Rob: and I have a nice smokey looking circuit breaker
mircea_popescu: BlueMeanie4 that'd be because you got some ideas you're trying to fit to observed reality
X-Rob: So I'm digging a trench to bypass it
BlueMeanie4: no, im explaining real tangible facts of how finance markets work
mircea_popescu: how financial markets used to work pre bitcoin is purely of academic interest
ThickAsThieves: one thing i know about finance markets, it's no one really gets to say how they work
mircea_popescu: kinda like we care about how the iroquis "state capitol" used to work.
BlueMeanie4: are we about to go into tour de force of rousseuian noble savage theory
assbot: The Frogs - I'm Sad The Goat Just Died Today - YouTube
mircea_popescu: BlueMeanie4 pretend you're some exponent of the iroquis. everything you said works just as well.
mircea_popescu: "real tangible facts of how political systems work" indeed.
mircea_popescu: nobody here gives a shit, and unless you change your mind you'll be force-marrying some english speaking brute.
mircea_popescu: this isn't like... o hey, bitcoin is trying to persuade the old order.
ThickAsThieves: bluemean4 representin Team Marketoids v. mircea_popescu with Team Perfect Economoids. Fight!
mircea_popescu: this is like, bitcoin will fuck it up the ass with a steel girder and everyone has a short and vanishing opportunity to change sides.
BlueMeanie4: some of these bitcoin people are reminiscint of the french revolution. for a few weeks they thought they could completely redesign the whole universe. I believe they wanted to change the number of days in a week.
BlueMeanie4: this few weeks was written about with horror by most who lived through it
assbot: [MPEX] [S.MPOE] 1866 @ 0.0006346 = 1.1842 BTC [-]
mircea_popescu: the funny part being, of course, that they actually DID redesign the whole universe, and everything you imagine was always fixed and the case was purely and shamelessly invented then. then history rewritten to support this inane theory.
mircea_popescu: we happen to be here to reverse all of it and more, but it's irrelevant which way it goes really. obviously the cock going in hurts about as much as it hurts going out, so to speak.
BlueMeanie4: well for as long as you lack the features i describe, these contracts will have a very limited market
mircea_popescu: maximizing the market is not a valid goal of economics any more than maximizing body weight is not a valid goal of medicine.
mircea_popescu: the point is for the market to be meaningful not large.
mircea_popescu: in the sense laundromat literally means laundry robot.
BlueMeanie4: from Greek oikonomia "household management, thrift,"
mircea_popescu: the thrift is actually the historical point here. economy started its life as an attempt to waste less.
BlueMeanie4: well if i want to say take out a put or o call
mircea_popescu: your focus on the price to the detriment of the more important considerations is, again, what sunk the system you grew up with.
assbot: Grandma's Sitting in the Corner With a Penis in Her Hand Going "No, No, No, No, No" - The Frogs - YouTube
mircea_popescu: that's how you ended up with "books" being the shittiest thing people will still take as a book, in a neat little package
BlueMeanie4: this seems to be a tactic you use to avoid addressing either your lack of information on a subject or you willingness to accept various facts
mircea_popescu: it's not a pretty place to live in. even if you do have the ever present, ever oversold hope you will somehow "create immense value" and run off to live in argentina.
BlueMeanie4: you cant just wave away ideas by saying 'thats old world'
nubbins`: "i want the best price" is why all the painted lines are worn off the road here two months after they gets sprayed on.
mircea_popescu: BlueMeanie4 if i cared what i looked like i'd actually be a cult leader.
nubbins`: "i want the best price" is why there are five wal-marts in my city of 100k people
nubbins`: "i want the best price" is the reason why tim horton's is the number one coffee chain in canada
mircea_popescu: it ruled an empire, and it was the way to rule an empire, before the very successful french revolution reorganised your mental space for you.
mircea_popescu: BlueMeanie4 he sells expensive artwork and shit. not a very good angle there.
BlueMeanie4: thats what the anti-walmartians argument boils down to. they lack the terms to describe what is bothering them, so instead they are stuck paying for overpriced stuff from 'local' people
nubbins`: "i want the best price" as you head to the dollar store to buy the fifth set of pliers
nubbins`: BlueMeanie4 the point flew about six feet above your head
BlueMeanie4: ok so you dont want marketable financial contracts
nubbins`: <+BlueMeanie4> thats what the anti-walmartians argument boils down to. they lack the terms to describe what is bothering them, so instead they are stuck paying for overpriced stuff from 'local' people <<< unadulterated gibberish, contains no information
mircea_popescu: it's fine for them to be marketable, provided they're financial contracts.
mircea_popescu: not the cheapo, dysfunctional ersatz the "financial markets" currently use.
mircea_popescu: every now and again a smarmy da walks into a smart judge's chambers with something about "a standard deal" and the judge tells him there's no such thing as "standard deals"
BlueMeanie4: i think there was a degrade in quality for some of these
mircea_popescu: that's an important point for the da to digest, in his personal evolution from smarmy to useful.
BlueMeanie4: i live in a area that was heavily financed by these MBA mortgages
BlueMeanie4: they developed these things not very long ago, you might say 198-something maybe they began?
mircea_popescu: bonus points if you mention "gaussian copulas" being calculated in excel spreadsheets by monkeys.
BlueMeanie4: prior to that futures and options were only for commodiites
BlueMeanie4: and these gains were rationally derived mostly
BlueMeanie4: it worked, then the altcoin fuckfaces came in and pissed in the pool
nubbins`: BlueMeanie4: i take raw materials, add value to them, sell them. great, now i've got $x. i can put $x in the hands of walmart and buy 1kg of coffee, or i can put $x in the hands of a business owned by someone who lives here and buy 0.75kg of coffee. sure, with the first option i've got 0.25kg extra coffee, but my city has $(x-y) fewer dollars, where y is an almost-negligible sum.
BlueMeanie4: prior to the invention of such, mortgages were very hard to get
nubbins`: how's this hard to understand? :/
mircea_popescu: what happened is that clinton decided niggers will become whites if they get free houses. they drew up legislation to implement this nonsense.
mircea_popescu: two decades later, the whole thing's ruined, as it will never get out of an ever increasing black hole of moral hazard
BlueMeanie4: youre taking the gonzo highly critical anti-view
mircea_popescu: well we all got our stories as to "what really happened". i was merely illustrating the vastness of that area.
BlueMeanie4: i might choose to look at any criteria i want
mircea_popescu: but regardless of what really happened : there's no way forward. it died, and that's that. bury it and move on, you ain't fixing the corpse.
BlueMeanie4: maybe i personally know that lets say romania is a great investment
nubbins`: sure, and hotels in paris give themselves star-ratings based on the size of the lobby
mircea_popescu: how would you "personally know". is this stock picking on steroids ?
nubbins`: this is the day of the unsolicited pm
mircea_popescu: BlueMeanie4 like what ? like say, omg! like say you stop thinking in terms of "romania" wqhich doesn't exist anyway, and you oinly use because you gotta use something,
mircea_popescu: and instead traverse the fucking wot according to some criteria that make sense to you and invest accordingly, IN PEOPLE ?
BlueMeanie4: ok lets say you think chicago is a horrible investment
BlueMeanie4: so you can short the underlying credit devices for the mortgages in chicago
nubbins`: i think it's some sort of bond
BlueMeanie4: and then the price to take out a mortgage for people in chicago goes up
ThickAsThieves: <+nubbins`> this is the day of the unsolicited pm /// usagi is back. coincidence?
mircea_popescu: man. suppose you're the sort of klutz that thinks "chicago is cool". i then knowing you think this sell you a house in "chicago" fgor a price twhich reflects your expectation, but in a location that satisfies my cost structure.
mircea_popescu: and then we quibble about whether "it was really in chicago"
nubbins`: ThickAsThieves actually now that you mention it, he was pm'ing me asking for voice earlier when i was afk
mircea_popescu: well no, it wasn't, because "chicago" as such dun exist.
BlueMeanie4: no idea what youre talking about but the idea here is to give people more control and choice over where there money goes
mircea_popescu: nubbins` i think he pm'd everyone after being devoiced after being all territorial for some god-forsaken reason.
BlueMeanie4: if they want to juice up credit markets in chicago, they can
BlueMeanie4: currently the way the markets work are very elitist,
ThickAsThieves: usagi is just mad that his tongue is poisoned with nonsense
nubbins`: what other type of de... ah, too slow
mircea_popescu: BlueMeanie4 why should poor people have something to say about property and the dispositon thereof ?
BlueMeanie4: actually what im advocating benefits poor people
nubbins`: surely you're not suggesting that one should have enough money to purchase the thing one is purchasing
mircea_popescu: let them say things about their business, making hamburgers or filling tyres or w/e it is.
TheInterocitor: Usually poor people that have no idea how to manage money ?
BlueMeanie4: you dont seem to recognize the power in these sorts of liquid markets
mircea_popescu: you're right. i recognize there's no power there, just noise.
BlueMeanie4: the first and primary benefit is much more capital available
mircea_popescu: lemme tell you how. i build a number of businesses in btc that relied on not dealing with idiots. they're still here, and worth whatever hundred million.
mircea_popescu: everyone else tried to build businesses out of allowing idiots in. they all failed
mircea_popescu: ThickAsThieves had first hand experience, among many others.
mircea_popescu: so... that way, bad capital. the money of idiots is not useful.
ThickAsThieves: good point, it was very much a junk food experience too
nubbins`: it's useful once you sever the connection between the idiot and the money
nubbins`: if the idiot still has hooks in it, though..
nubbins`: TheInterocitor you trust havelock?
nubbins`: TheInterocitor: sure they have.
nubbins`: let's see: their website was an insecure piece of shit with massive security holes that literally allowed third parties to drain accounts -- UNTIL LAST SUMMER
nubbins`: they let funds delist whenever they please, converting "shares" into "we'll send you a slip of paper"
nubbins`: they sign up the shittest funds in the universe and chew up all the listing fees to unspecified "expenses", ensuring the investorubes don't get any of it
ThickAsThieves: basically you can fault havelock's quality, and there is where you can remove trust
assbot: [MPEX] [S.MPOE] 1450 @ 0.00063525 = 0.9211 BTC [+]
mircea_popescu: so im playing this tablet game. it has a slots implementation, giving some in game benefits. i turned 2k chips into 85150, and it will never end.
mircea_popescu: fucktards don't understand rngs. took me all of 30 seconds to figure it out, too.
mircea_popescu: nubbins` i do shoot emails to the more promising publishers.
TheInterocitor: btw mircea_popescu I used one of your blog posts as a STFU in an argument the other day
assbot: The woes of Altcoin, or why there is no such thing as “cryptocurrencies” pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: from what i hear from people trying such things, it rarely works in the sense of comprehension, but almost always works in the sense of making the op stfu.
mircea_popescu: in bitcoin ? you're kidding. there's been what, 6 or 7 jesuses ? at least 5 or so satoshis...
mircea_popescu: once you fix the coins to 21mn tops, everything else can exist in immoderate, endless supply
TheInterocitor: A fool and his money I suppose. Any money I make in alts just goes to btc. I have little interest in survival of them.
mircea_popescu: ThickAsThieves ever seen a cat when something moves irregularly ?
mircea_popescu: course they do. how do you think all the drunk conceptions happen.
mircea_popescu: speaking oif such instinct. i dunno if you've ever had dogs, but they're beyond funny when virgin. because while the dog's instinct absolutely drives him to try and mount the bitch, the dog's brain itself doesn't comprehend wtf is happening
ThickAsThieves: what would you define the instinct is of hating altcoins? fear of randomness?
mircea_popescu: ThickAsThieves exactly like the cat's reaction to "unapprovable movement"
TheInterocitor: No. They have nothing to offer that btc doesn't already do
mircea_popescu: the cat is driven by an attempt to reduce the cognitive load. things that move impredictably draw its attention and require it to spend brainpower. better if they stop moving.
mircea_popescu: same exact thing here. monopoly money is not the same because it's not "in their space"
gribble: Rating entry successful. Your rating of 1 for user b00lcrap has been recorded.
ThickAsThieves: ok but the cat is a predator, isnt its instinct to chase?
mircea_popescu: it's not a chasing predator. it lies in wait normally.
ThickAsThieves: i do this whistle pattern whenever i give them treats, if i do it long enough they get all riled up and start smacking others that get too close
mircea_popescu: ThickAsThieves i wonder if old married couples get that same way, guy hears the condom drawer screech and gets an errection.
mircea_popescu: подводная лодка в степях #украины погибла в неравном воздушном бою.
mircea_popescu: no, for the inglischers is, "this is how normal debates work and everyone on reddit agrees."
nubbins`: cats are more stalking predators
mircea_popescu: nubbins` in some places the crag cat is a real danger to human life
nubbins`: formal logic course in uni with an ancient chinese prof: "all cats have four legs. /some/ cats dig my music."
nubbins`: poor guy couldn't even finish his statement over the laughter ;(
nubbins`: a man who eats meat wants to get his teeth into something; a man who does not eat meat wants to get his teeth into something else
gribble: Bitstamp BTCUSD ticker | Best bid: 503.35, Best ask: 503.97, Bid-ask spread: 0.62000, Last trade: 504.09, 24 hour volume: 8548.90926155, 24 hour low: 487.0, 24 hour high: 510.86, 24 hour vwap: 500.029882506
mircea_popescu: or by the other side as "that desperate, harrowing last ditch effort"
mircea_popescu: asciilifeform cougars and cougarish types of housecats
nubbins`: altho we call em something else
assbot: This Guy's Eaten Nothing but Raw Meat for Five Years | VICE Canada
ThickAsThieves: they recently intoduced futures and margin and stuff i think
ThickAsThieves: some US and Euro traders are moving to chinese exchanges too, but to me something stinks
assbot: This Guy's Eaten Nothing but Raw Meat for Five Years | VICE Canada
nubbins`: did you get to the part where he eats rotting chunks of lamb yet?
nubbins`: turns out jesus was a pilot who flew into a time warp
nubbins`: man, vice is like reality tv. not great but you end up getting stuck
assbot: I Spent an Afternoon with Montreal Squeegee Punks | VICE Canada
nubbins`: I asked Dirty Mark where he got the name from: “I dunno, probably because I’ve fucked a lot of bitches without condoms and I may shit my pants from time to time.”
hanbot: mircea_popescu that looks just about right. not too often a bizarre facet of human behavior looks exactly as one'd imagined.
hanbot wonders if cargo cult was well explained to her or if she's merely getting more bizarre herself.
assbot: [MPEX] [S.MPOE] 11700 @ 0.00063525 = 7.4324 BTC [+] {2}
assbot: Star Trek TNG Ambient Engine Noise (Idling for 24 hrs) - YouTube
assbot: White House orders review of police 'militarization' programs - World - CBC News
nubbins`: A REVIEW WILL SOLVE THIS PROBLEM
nubbins`: "white house orders review of civilian 'militarization' programs"
assbot: [MPEX] [S.MPOE] 22700 @ 0.00063493 = 14.4129 BTC [-]
assbot: [MPEX] [S.MPOE] 4437 @ 0.00063544 = 2.8194 BTC [+]
assbot: [MPEX] [S.MPOE] 19335 @ 0.00063408 = 12.2599 BTC [-] {3}
X-Rob: mircea_popescu: aaand we're back
X-Rob: that was unpleasant
X-Rob: from 12:02:26 PM to 4:39pm
X-Rob: RagnarDanneskjol: That's 6 avalon3 blades
RagnarDanneskjol: sorry, I thought you ran the pool as well - I meant pool software
BingoBoingo: X-Rob: mircea_popescu: Power issues. Will be off for possibly a couple more hours. Will pro-rata a discount at current estimated << I thought I had power issues today
BingoBoingo: I have no idea yet. Just coming back online myself.
BingoBoingo: ~6 hours and 50 minutes ago was the last mined block for our pool
X-Rob: OMFG this pool is FUCKING TERRIBLE
BingoBoingo: Well, you still plan on throwing us a less terrible p2pool? When the digging is done?
BingoBoingo: RagnarDanneskjol: The transparency it affords is exceedingly desirable.
X-Rob: BingoBoingo: I'm going to set one up shortly.
X-Rob: shortly as in 'in a few hours'
assbot: [MPEX] [S.MPOE] 8650 @ 0.00063544 = 5.4966 BTC [+]
assbot: [MPEX] [S.MPOE] 33350 @ 0.00063296 = 21.1092 BTC [-] {4}
assbot: tensorjack/coinbridge GitHub
assbot: [MPEX] [S.MPOE] 20800 @ 0.0006315 = 13.1352 BTC [-] {2}
RagnarDanneskjol: I think I got China to seriously consider the circular multilat barter platform you recommended. many thanx for that
punkman: RagnarDanneskjol: cool, nobody needs another ripple clone
punkman: gonna attempt to clean up some chinese php now, god help me
assbot: [MPEX] [S.MPOE] 28355 @ 0.00063546 = 18.0185 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 17836 @ 0.00063233 = 11.2782 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 2 @ 0.2885 = 0.577 BTC [+] {2}
assbot: How to Steal an Encryption Key by Simply Touching a Laptop | Motherboard
assbot: [MPEX] [S.MPOE] 6964 @ 0.00063113 = 4.3952 BTC [-]
assbot: [MPEX] [S.MPOE] 31400 @ 0.00063251 = 19.8608 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 20150 @ 0.00063094 = 12.7134 BTC [-] {2}
Vexual: is that an oscilloscope in your pocket?
assbot: therealaltcoin/altcoin GitHub
Vexual: if memory serves it's cloned from 8.3 or some such
RagnarDanneskjol: righty oh - I'm workin on a pool/explorer/web wallet for it today. poor coin has been woefully neglected
assbot: [MPEX] [S.MPOE] 18200 @ 0.00063585 = 11.5725 BTC [+]
Vexual: what pool server software do you intend to use
RagnarDanneskjol: going to try multiple options - prolly mpos cuz p2pool sux hairy balls
☟︎ assbot: [HAVELOCK] [SCRYPT] 119 @ 0.00615 = 0.7319 BTC [-]
Vexual: well if you're not busy tommorrow, perhaps you could make another exchange too
RagnarDanneskjol: that is a much taller order & above my paygrade... I know lotsa smart kids that can do it tho
Vexual: !s asciilifeform + drunk
assbot: [MPEX] [S.MPOE] 21723 @ 0.00063057 = 13.6979 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 19600 @ 0.00063037 = 12.3553 BTC [-]
assbot: [MPEX] [S.MPOE] 31100 @ 0.00063469 = 19.7389 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 7400 @ 0.00063594 = 4.706 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] [PAID] 1.58037915 BTC to 14`987 shares, 10545 satoshi per share
assbot: [HAVELOCK] [PETA] [PAID] 4.84144948 BTC to 1`149`988 shares, 421 satoshi per share
assbot: [HAVELOCK] [PETA] 964 @ 0.00101651 = 0.9799 BTC [-] {27}
assbot: [MPEX] [S.MPOE] 22400 @ 0.00062993 = 14.1104 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 570 @ 0.00099998 = 0.57 BTC [-]
assbot: [MPEX] [S.MPOE] 26000 @ 0.00063684 = 16.5578 BTC [+] {2}
assbot: [HAVELOCK] [PETA] 2000 @ 0.00099999 = 2 BTC [+] {2}
jurov: anyone tried owncloud?
assbot: [MPEX] [S.MPOE] 10300 @ 0.00062959 = 6.4848 BTC [-] {2}
assbot: [BTC-TC] CIPHERMINE.B1 - a virtual corporate bond with a 22% fixed-fiat APR
assbot: Jaguar - British Villains 'Rendezvous' - YouTube
assbot: [HAVELOCK] [PETA] 900 @ 0.00099994 = 0.8999 BTC [+]
fluffypony: and in the end I wasn't very impressed with it
xmj: what does owncloud do?
jurov: xmj, i wrote about it above
assbot: [HAVELOCK] [AM1] 2 @ 0.289 = 0.578 BTC [+]
assbot: [HAVELOCK] [PETA] 6280 @ 0.00083292 = 5.2307 BTC [-] {27}
X-Rob: BingoBoingo: I gave up on that pool. It was getting worse. I'm solo-mining to that address for the moment. I started writing a playbook so I can deploy pools easily, and I'll hopefully finish it after work today.
assbot: [HAVELOCK] [AM1] 8 @ 0.289 = 2.312 BTC [+]
assbot: [MPEX] [S.MPOE] 12000 @ 0.00063595 = 7.6314 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 509.82, Best ask: 511.28, Bid-ask spread: 1.46000, Last trade: 511.29, 24 hour volume: 6908.55900746, 24 hour low: 487.0, 24 hour high: 512.69, 24 hour vwap: 499.523223544
atcbot: [CoinMiner Hashrate]: 0.11 TH/s [PityThePool Hashrate]: 642.91 GH/s [iSpace Pool Hashrate]: 1.78 TH/s
assbot: [MPEX] [S.MPOE] 33400 @ 0.00063594 = 21.2404 BTC [-]
BingoBoingo: X-Rob: Well, I see we've gotten a few blocks since the switch, so... Improvement
X-Rob: BingoBoingo: yeah. Seems to be mining away happily now. Just that I have no proof-of-mining, apart from random blocks appearing, and I don't like that. So yeah, I'll get onto making a pool later. But it's work-o'clock now.
BingoBoingo: X-Rob: Doesn't sound like the worst thing.
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 234620.37 in 1760 blocks (#46368) Est. % Change: -87.51
atcbot: [X-BT] Bid: 170 Ask: 221 Last Price: 170 24h-Vol: 0k High: 170 Low: 170 VWAP: 169
gribble: Bitstamp BTCUSD ticker | Best bid: 512.14, Best ask: 513.77, Bid-ask spread: 1.63000, Last trade: 513.77, 24 hour volume: 7398.67010189, 24 hour low: 487.0, 24 hour high: 515.95, 24 hour vwap: 500.399075407
mod6: ;;later tell mike_c need help with WoL
BingoBoingo: mod6: Any idea if atcbot can get a 30 day VWAP command?
mod6: i'd be preferable to me if x-bt would provide that in the JSON
mod6: i don't want to have to calculate anything if possible.
kakobrekla: DiabloD3 noctua sucks compared to bequiet.
assbot: Procrustean Rashomon | Handle's Haus
decimation: themselves. However, as in everything else, instead of coming to the ineluctable reactionary conclusions, they try to talk about it in ways that they hope it will get them status points and sympathy from progressives."
assbot: [HAVELOCK] [PETA] 1462 @ 0.0009974 = 1.4582 BTC [-] {8}
assbot: [HAVELOCK] [AM1] 8 @ 0.28899999 = 2.312 BTC [-]
assbot: If you ask someone where he comes from & he answers "Europe",odds are he is Romanian or Bulgarian.A German wd answer "Germany".Same Fr/I/Sp
assbot: Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
pete_dushenski: The20YearIRCloud: Eh, gdp between 2nd world and 3rd world is huge, much easier to pay some PMCs and take over a african despot than say kazachstan << reminds me of when elbonia went from a 2nd world country from a 3rd. the only difference being that now they had enough food and were starting to get picky about it.
assbot: imgur: the simple image sharer
decimation: anti-fragile by taleb has some interesting points. I wonder if he would consider bitcoin "fragile". In one sense, it is fragile because its current implementation relies on fragile computers and somewhat poorly wrought software. In another sense, it is strongly anti-fragile because it benefits from any event that casts doubt on the ability of nation-states to manage their own scrip.
pete_dushenski: youtubetard: yea...Quebec will hopefully demonstrate a peaceful and constructive seccesion << this, i'd like to see
decimation: independent quebec would produce hydropower and baked goods, not much else...
pete_dushenski: decimation: to the extent that bitcoin is short usd, taleb would love it to the extent that he could be bothered to understand it
pete_dushenski: taleb's too distracted by the shenanigans in his homeland
pete_dushenski: independent quebec could produce all the same things they currently do: flour, maple syrup, construction management
decimation: yeah I get his point that old stuff is better, but sometimes a new technology does come along. While he derides electronics, it is clear that man will be making integrated circuits until the end of time (unless a better technology supersedes it)
decimation: in the case of bitcoin, I think he confuses the shoddy nature of modern computers with bitcoin as a technology, which can and will exist independently from today's crap-o-soft
pete_dushenski: xmj: What would make for a better home base in 2015 or 2016: Luxembourg, Monaco or Jersey/Guernsey? << try opatija, croatia. twas good enough for franz joseph i
decimation: the book comes off as a combination of "listen to the wisdom of your elders" and "get off my lawn"
pete_dushenski: decimation: it's almost exactly that, combined with "don't make naive, model-based predictions and bet all your chips on models mapping reality"
xmj: pete_dushenski: you missed the part where i was asking for germanic/anglosaxon hemisphere
xmj: pete_dushenski: i'm currently considering the area of Eindhoven NL
xmj: pete_dushenski: always been9~
xmj: commonwealth + central europe. House Windsor is germanic origin, eh
decimation: umm, croatia is a few hour drive to germany right?
xmj: berlin is not in the space of permissible answers as defined in the question.
Apocalyptic: <BingoBoingo> [21:49:51] Apocalyptic: Can we get a 30 day VWAP? // possibly
xmj: decimation: I'm currently in Ljubljana, it's not that much of a stretch to go there the next couple of days
jurov: have you met kako?
BingoBoingo: Apocalyptic: Such a thing would probably one of the most usefull things the environment around ATC could have, since... This thing trades slow
xmj: who is that and why would i want to?
jurov: kako is kakobrekla
jurov: and he's good fellow to meet in person
jurov: lives somewhere there
jurov: ;;gettrust xmj kakobrekla
BingoBoingo: bacon and eggs, even sausages most of the time would be appropriate gifts to bear xmj
xmj: BingoBoingo: and why would i want to bring a stranger gifts?
xmj: especially those items i'd just eat myself.
assbot: #bitcoin-assets | You cannot stop the clouds by the building of a ship.
jurov: idk, you met strangers in estonia or such too?
xmj: i didn't bring them unwarranted gifts
xmj: kakobrekla: jurov things it's necessary we meet. i'm in ljubljana for an indefinite amount of time, how about beer if you're in town?
BingoBoingo: It isn't unwarranted. It's on the first link in the topic
xmj: BingoBoingo: I don't get it?
BingoBoingo: xmj: Well someone founded the channel and created text for the page...
jurov: i don't think kako meant literal bacon and sausages
jurov: but then, it implies he's bi?
xmj: jurov: when at home I eat eggs and bacon all day every day
jurov: all kinds of sausages.
assbot: [HAVELOCK] [RENT] 222 @ 0.00400002 = 0.888 BTC [-] {4}
jurov: in-person connections are antifragile
kakobrekla: ;;google monthy python bacon eggs spam
kakobrekla: any approximate timeframe for how long you staying?
pete_dushenski: mircea_popescu: punkman: pete_dushenski: sounds like a death wish << i'd definitely mow him down. fucking biking hipsters. << real hipsters ride horses.
kakobrekla: my drivers license expired recently, havent gone through the bureaucracy of extending it yet so ima bit grounded - do you have a car here or how do you get around
jurov: ah they said nothing about sausages
xmj: kakobrekla: undefined
xmj: kakobrekla: no car, i'll stay until i get bored
xmj: kakobrekla: where are you based?
assbot: Shark Cat on Roomba Chasing Duck - Original HD TWT Version - YouTube
assbot: [MPEX] [S.MPOE] 69700 @ 0.00063384 = 44.1786 BTC [-] {5}
pete_dushenski: asciilifeform: lol i saw one of those around town recently. definitely not hipster material
pete_dushenski: hipster at least desire the company of others, unlike anyone who uses grinding wheels
jurov: grinding wheel gang
pete_dushenski: hipsters tend to be pretty broke, spending all disposable income on max iphone plans
pete_dushenski: not that horses are cheap, but at least the ride in teams properly
assbot: Amazon.com : Solowheel by Inventist : Childrens Ride Ons : Sports & Outdoors
assbot: ninjashogun +v failed; L1: 0, L2: -3
kakobrekla: ;;later tell mircea_popescu you can sort by weight now.
pete_dushenski: *BingoBoingo likes ben_vulpes lack of serious competition << likewise!
pete_dushenski: BingoBoingo: I mean if the situation for the blacks improved... would there be a Ferguson? << read the lulziest headline on a national newspaper yesterday "blacks still aren't equal to whites. some think obama should do more."
assbot: [MPEX] [S.MPOE] 44048 @ 0.00063299 = 27.8819 BTC [-]
abathingape: "...due to work being much more busy than expected (especially in the last 3 years)."
pete_dushenski: mircea_popescu: jewland too. it's just not in the cards for that continent, having civilised countries there. << myeah. move jews and boers to south america already.
kakobrekla: well why did they leave the gates open!
assbot: Dining From Trash to Table in Brooklyn - WSJ
assbot: Ferguson Police Officer Justin Cosma Hog-Tied And Injured A Young Child, Lawsuit Alleges
mircea_popescu: hi all, and welcome to mp's string of sunday pronnouncements!
mircea_popescu: pronouncement #1 : and he said unto them lo! that bitbet now allows searching by weight of bets!
assbot: [MPEX] [S.MPOE] 10800 @ 0.00062894 = 6.7926 BTC [-]
mircea_popescu: pronouncement #b : and then he spake thus : ye knoweth the evil people of the world know no rest, for the very fire of hell scorches their gullets on the inside so they may never sit quietly in a room. and therefore it will come to pass that they will put pressure on freenode, starting for instance last thursday.
☟︎ mircea_popescu: knoweth ye, that while it is unlikely for freenode to buckle, more than anything because its brains are so scattered it's unlikely to manage to gather enough management to do anything, nevertheless this isn't a reason to not build parachute
mircea_popescu: and therefore! whosoever knoweth well the workings of the irc demon and how to set it up let me know, for we shall have a plan b, and our plan b shall take over the earth!
mircea_popescu: so end the glorious sunday pronouncements, join us next sunday for nude frolicking in the grass and fire spitting.
assbot: [MPEX] [S.MPOE] 3950 @ 0.00062894 = 2.4843 BTC [-]
mircea_popescu: someone should start a church of confusing form with function.
mircea_popescu: i guess the catholics also did pretty well on the score.
gribble: Bitstamp BTCUSD ticker | Best bid: 506.85, Best ask: 507.54, Bid-ask spread: 0.69000, Last trade: 507.86, 24 hour volume: 5778.20961167, 24 hour low: 495.02, 24 hour high: 515.95, 24 hour vwap: 504.13191356
gribble: Error: "parachute" is not a valid command.
mircea_popescu: asciilifeform you know there's this pesky rule of nature that the more one speaks the less one knows.
mircea_popescu: this thing seems to hold true in the most perverse and unexpected of applications.
mircea_popescu: that's immaterial. the threat defense, however, will be an array of geographically distributed servers which someone will have to shepherd the ircd on.
mircea_popescu: you know, just like freenode, except with a helluva lot more moneyz.
mircea_popescu: asciilifeform it's all social engineering. the nsa does not have any technical capbility worth the mention.
mircea_popescu: on one hand because it is actually very limited on th edirect, on the other hand because it is very affraid to use even the little it has lest a hb rehash.