Forum logs for 11 Jul 2014

Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu

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asciilifeform	mircea_popescu: 'ebury' << the interesting part is that the piece in the link is merely a payload. the actual anal opening through which the payload was inserted - was never, afaik, found.	[00:03]
asciilifeform	likewise - any idiot can compile a doctored sshd.	[00:04]
mircea_popescu	!s cpanel	[00:04]
assbot	4 results for 'cpanel' : http://search.bitcoin-assets.com/?q=cpanel	[00:04]
mircea_popescu	^	[00:04]
asciilifeform	yes, i'm aware it is old news	[00:04]
mircea_popescu	no i mean, the hole being cpanel	[00:05]
asciilifeform	aah	[00:05]
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asciilifeform	mircea_popescu: 'Customers can change their keys as often as they wish. The more responsible actually do' << seriously, people eat the 30 btc cost ?	[00:08]
mircea_popescu	well, 20 really.	[00:08]
asciilifeform	aha refer bonus	[00:08]
mircea_popescu	i mean i guess you could technically not use old acct as a ref but why would you.	[00:08]
mircea_popescu	and why the hell wouldn't they ?!	[00:08]
mircea_popescu	you have any idea what a key refresh costs a serious entreprise ?	[00:09]
mircea_popescu	20 btc to cover for mpex fee isn't even on the map.	[00:09]
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asciilifeform	what a key refresh costs a serious entreprise << of course, this is well known. and also is one reason why 'serious enterprises' tend to get pwned regularly.	[00:12]
mircea_popescu	the unserious serious ones, anyway.	[00:12]
asciilifeform	lol	[00:12]
mircea_popescu	for that matter, what's that 20btc buy you, alternatively ? 1/85th of a second of superbowl commercial ?	[00:13]
mircea_popescu	an oil change on the corp jet ?	[00:13]
asciilifeform	a 20-reel pick-n-placer.	[00:13]
mircea_popescu	no. not it does not.	[00:14]
asciilifeform	well, a chicom one	[00:14]
mircea_popescu	that's what a 20 reel pick-n-placer costs stan's mom&pop picknplace emporioum	[00:14]
mircea_popescu	a corp trying to get one has prolly spend north of 10k just deciding whether it should be painted green or red.	[00:14]
*	asciilifeform had the good fortune to oversee more or less this process, knows this	[00:15]
mircea_popescu	well then whence all the suspension of knowledge lol.	[00:15]
asciilifeform	somehow i can't picture the folks buying 500 usd robot legs sitting on mpex	[00:15]
asciilifeform	still imagine it's full of humans	[00:15]
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mircea_popescu	is this in the "i can't believe i know any dragons" category ?	[00:16]
asciilifeform	more like 'yeah he keeps a dragon in there, but most of what can be heard going in and out is motorcycles'	[00:17]
asciilifeform	not really disputing the dragon, it can be smelled.	[00:18]
mircea_popescu	the Silent Shadow Dragon	[00:18]
asciilifeform	just that it must be a bit of a grind for the bikers	[00:18]
mircea_popescu	+500 dmg, backstab x5, critical hit, meld in shadows.	[00:18]
Mats_cd03	sounds like wow	[00:20]
mircea_popescu	it is like... wow!	[00:20]
Mats_cd03	thats bad and you should feel bad	[00:21]
mircea_popescu	wait wut ?	[00:21]
Mats_cd03	not a pun?	[00:21]
Mats_cd03	or a...whatevers youd call it	[00:22]
mircea_popescu	yeah it was a pun.	[00:24]
mircea_popescu	so why shgould i feel bad for my wunderbar poon ?	[00:24]
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Mats_cd03	now im the one thats lost	[00:25]
Mats_cd03	http://www.federalreserve.gov/newsevents/speech/fischer20140710a.htm 'things r all good, we got it'	[00:28]
assbot	FRB: Speech--Fischer, Financial Sector Reform--July 10, 2014	[00:28]
Mats_cd03	lie.	[00:28]
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Mats_cd03	Regulators almost everywhere need to do more research on the effectiveness of microprudential and other tools that could be used to deal with macroprudential problems.	[00:31]
Mats_cd03	It will be important to ensure that coordination among different regulators of the financial system is effective and, in particular, will be effective in the event of a crisis.	[00:31]
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mod6	%p	[00:50]
atcbot	[CoinMiner Hashrate]: 0.02 TH/s [PityThePool Hashrate]: 5246.35 GH/s	[00:50]
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benkay	benkay no, i just had a moment of drool at the thought someone somewhere is making me a dollie :D // good taste is good taste	[01:04]
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mircea_popescu	Regulators almost everywhere need to do more research on the effectiveness of microprudential and other tools that could be used to deal with macroprudential problems. << the best tool is for them to stfu.,	[01:10]
benkay	mike_c i think the most peer review that's happened to date was me slapping around benkay's employees. // hey now that's a dangerous word to throw at americans	[01:11]
benkay	'contractor', please. for the sake of my taxes.	[01:11]
mircea_popescu	s/employees/boyfriends	[01:12]
mircea_popescu	for the sake of nohomo.	[01:12]
benkay	my eyes	[01:12]
benkay	they do roll	[01:12]
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mircea_popescu	anyone wanna recommend a tumblr equivalent ?	[01:21]
mircea_popescu	that site's too retarded	[01:21]
asciilifeform	afaik it's the only turd of its kind.	[01:22]
asciilifeform	uniquely demented	[01:22]
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*	asciilifeform shows to pet, who reads it habitually, she nods	[01:22]
mircea_popescu	wait tumblr is the pic posting service.	[01:23]
asciilifeform	nope	[01:23]
asciilifeform	it's an uncommonly broken blogging service	[01:23]
asciilifeform	doesn't support comments, in the usual sense. instead, when you 'comment', it... reposts the turd on your own 'tumblr'	[01:23]
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mircea_popescu	i just mean, one pic at a time picblogging stuff	[01:26]
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asciilifeform	people actually post text there.	[01:27]
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asciilifeform	it's a super weird blogging service	[01:28]
asciilifeform	i have seen the porn pics, but that's not all or even most of the site	[01:28]
mircea_popescu	the way tumblr works is that a post = 1 pic.	[01:29]
mircea_popescu	it's what i want.	[01:29]
asciilifeform	well okay. but that's not what tumblr is	[01:29]
asciilifeform	post = 1 through 10 pics, or a text post, or a video, or several different formats of text	[01:29]
asciilifeform	or 'reblogging' any of the above which is actually most common	[01:30]
asciilifeform	anyway. steps away from keyboard now cause this isn't relevant	[01:30]
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mircea_popescu	asciilifeform you know you probably get the girl her own handle.	[01:30]
mircea_popescu	what is this medieval patriarchy	[01:31]
asciilifeform	pet: 'i dont wanna'	[01:31]
mircea_popescu	what is this feminist postmodernism!	[01:31]
mircea_popescu	(and i have more words, ftr)	[01:31]
HyperChetty	what is this medieval patriarchy// uuh isnt that what you claim it should be??	[01:31]
mircea_popescu	no ?	[01:32]
mircea_popescu	incredible how actually useless the 2.0 web is.	[01:32]
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Duffer1	it heard you	[01:33]
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mircea_popescu	http://www.plurk.com/ << the lametastic	[01:37]
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mircea_popescu	!up warptangent	[01:38]
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mircea_popescu	o brother.	[01:38]
mircea_popescu	kakobrekla assbot ran away again, that slut	[01:39]
asciilifeform	mircea_popescu: plurk << defunct ?	[01:39]
mircea_popescu	i guess.	[01:39]
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mircea_popescu	http://spurl.net/ definitly is	[01:39]
mircea_popescu	!up dxrt	[01:39]
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kakobrekla	working on replacement	[01:39]
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mircea_popescu	fingertrap them!	[01:40]
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ThickAsThieves	<+mircea_popescu> i just mean, one pic at a time picblogging stuff /// instagram is what people use for this	[01:52]
assbot	[HAVELOCK] [PETA] 167 @ 0.035 = 5.845 BTC [-]	[01:53]
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ThickAsThieves	http://www.uif.gov.ar/uif/index.php/en/	[01:57]
assbot	uif.gov.ar - UIF	[01:57]
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mircea_popescu	ThickAsThieves aty	[02:20]
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mircea_popescu	ThickAsThieves re the uif thing, best part is their raport of activity. it has a 2000-2009 and 2010 - 2014 section, somehow this makes sense. scroll to page 6, admire the fines (multas in original)	[02:22]
mircea_popescu	issued / paid : 0 / 0 ; 218 mn / 250k	[02:22]
mircea_popescu	250k is about... roughly 30 btc, at today's exchange. covers five years.	[02:23]
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mircea_popescu	page 8 has other interesting statisticts. 156 cases, 9 convictions	[02:23]
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assbot	[HAVELOCK] [PETA] 24 @ 0.03578245 = 0.8588 BTC [+] {2}	[03:03]
TheNewDeal	kakobrekla, you in?	[03:04]
kakobrekla	depends!	[03:05]
assbot	[HAVELOCK] [B.MINE] 200 @ 0.0144385 = 2.8877 BTC [+] {2}	[03:06]
TheNewDeal	just wondering about any resolution plans for http://bitbet.us/bet/951/ , as I'm tired of reading all the derp comments	[03:06]
assbot	BitBet - Silk Road Coin Auction Extravaganza :: 2.15 B (29%) on Yes, 5.3 B (71%) on No \| closed 2 weeks 6 minutes ago	[03:06]
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kakobrekla	http://log.bitcoin-assets.com/?date=03-07-2014#741708	[03:07]
assbot	#bitcoin-assets log	[03:07]
kakobrekla	http://log.bitcoin-assets.com/?date=03-07-2014#741715	[03:07]
assbot	#bitcoin-assets log	[03:07]
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kakobrekla	do you want me to ask mp?	[03:08]
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TheNewDeal	sure	[03:08]
mike_c	uh, did you read the links he posted?	[03:09]
kakobrekla	august the 3rd it is.	[03:09]
TheNewDeal	oh wait	[03:09]
TheNewDeal	hahaha	[03:09]
TheNewDeal	that probably seems legitmate anyways	[03:09]
TheNewDeal	I actually didn't until saying sure, but still humorous nonetheless	[03:10]
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TheNewDeal	should have realized, https://imgflip.com/i/9iu9z	[03:12]
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assbot	Image tagged in lawgs - Imgflip	[03:12]
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penguirker	New blog post: http://trilema.com/2014/the-wife-of-wanda-wiamonds/	[03:14]
assbot	[HAVELOCK] [B.MINE] 44 @ 0.01445 = 0.6358 BTC [+]	[03:15]
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TheNewDeal	can I get a period please, or a semicolon, or something of the like?	[03:16]
asciilifeform	mircea_popescu: shannonizer test?	[03:16]
TheNewDeal	asciilifeform what is that?	[03:17]
asciilifeform	TheNewDeal: markov chain text gen	[03:18]
TheNewDeal	ahhh	[03:18]
asciilifeform	e.g. 'dissociated press.'	[03:18]
TheNewDeal	West Niphomanian - that's too good to be an accident	[03:19]
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TheNewDeal	hipsterset of historpy. oh my, going to have to reuse some of these	[03:20]
TheNewDeal	anybody here read HG Wells?	[03:23]
asciilifeform	sure	[03:23]
assbot	[HAVELOCK] [B.SELL] 75 @ 0.01516931 = 1.1377 BTC [-] {13}	[03:24]
TheNewDeal	have abouts one in particular called The Food of the Gods?	[03:25]
assbot	[HAVELOCK] [B.MINE] 70 @ 0.01445142 = 1.0116 BTC [+] {2}	[03:26]
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mircea_popescu	asciilifeform no, actually, it's a commentary of "waiting for a midnight kiss"	[03:38]
mircea_popescu	which is an atrociously bad movie i had the misfortune to watch earlier.	[03:38]
asciilifeform	lol	[03:38]
mircea_popescu	TheNewDeal everything on the internets is a trap	[03:40]
TheNewDeal	its a tarp!	[03:40]
mircea_popescu	http://bitbet.us/bet/993/germany-wins-world-cup/ << dude look at that, bitbet actually covered.	[03:41]
assbot	BitBet - Germany wins World Cup :: 10.62 B (64%) on Yes, 5.94 B (36%) on No \| closing in 2 days 23 hours \| weight: 83`530 (100`000 to 10`000)	[03:41]
mircea_popescu	im seeing germany at 11/8, !germany at (23/10 + 5/2). this comes to 1.375 for, 2.5 against.	[03:43]
mircea_popescu	bitbet is currently doing 1.42 / 2.33	[03:43]
mircea_popescu	i have no idea how "draw" odds are supposed to work on all these betting sites tho. this is the wc final, wtf draw ?	[03:43]
TheNewDeal	ridiculous	[03:44]
mircea_popescu	srsly, 23/10 draw ? how ?	[03:44]
mircea_popescu	maybe it means if they end up in penalty.	[03:44]
TheNewDeal	it's not betting on a full time win, is it?	[03:44]
TheNewDeal	that's what I figured as well	[03:44]
mircea_popescu	i really dunno, kinda obscure how this shit works.	[03:45]
mircea_popescu	also, http://www.youtube.com/watch?v=1V_-iZYIofU	[03:47]
assbot	High Fidelity - Jack Black - Let's Get It On - YouTube	[03:47]
TheNewDeal	Jack Black is pure talent	[03:54]
mike_c	this trilema post needs a OTP to decode, yes?	[04:02]
mike_c	i tried reading letters down the edges, but nothing.	[04:03]
mike_c	i need the paper with holes cut out in the right spots.	[04:03]
asciilifeform	mike_c: nope. you just need a squirrel: https://www.youtube.com/watch?v=ncWyA4s3r7I	[04:03]
assbot	Game Gear Squirrel Commercial - YouTube	[04:03]
mike_c	omg i remember that commercial	[04:04]
cazalla	wow, that dude was that fat that long ago	[04:04]
asciilifeform	that was among the first ads i saw when i came to the us	[04:05]
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asciilifeform	today we have technology, no longer need squirrel to see colour. but still necessary for 3d, etc.	[04:06]
asciilifeform	and, perhaps - to decode mircea_popescu's post...	[04:06]
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mircea_popescu	mike_c lol why so suspicious ?	[04:07]
mircea_popescu	can't a simpleminded psychopath just have some fun ?	[04:07]
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mike_c	i figure that is how simpleminded psychopaths have fun.	[04:08]
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mircea_popescu	well, this and the surgery.	[04:09]
mike_c	asciilifeform: no wai. the facebook oculus rift is 3d!	[04:09]
mike_c	only 0.5 BTC for version 2 kit. i am tempted, but know i have no time to play with it.	[04:09]
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mike_c	random aside: I am now a 0MQ fanboy thanks to kako. fast, versatile, easy to use in any language. solves all your pubsub, message queue, and lonely nights problems.	[04:13]
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mike_c	might also wash your dishes, not sure.	[04:13]
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mircea_popescu	kako is a graybeard despite his tender years	[04:22]
mike_c	http://bitbet.us/bet/617/and-then-there-was-one/ hmmm....	[04:23]
assbot	BitBet - And Then There Was One :: 7.59 B (56%) on Yes, 6.04 B (44%) on No \| closing in 4 months 5 days \| weight: 35`178 (100`000 to 1)	[04:23]
mike_c	those odds actually seem pretty good	[04:23]
mike_c	how the hell am i supposed to make any money.	[04:23]
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mircea_popescu	eh wadda sheit.	[04:28]
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mircea_popescu	dude this is bad	[04:36]
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decimation	asciilifeform I tought you could pick up a chicom pick'n place machine for less than $5k	[06:43]
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penguirker	New blog post: http://www.bcoinnews.com/071014-mining-difficulty-update/	[06:49]
ThickAsThieves	"So that's the whole story. I was tricked into selling Buttcoin.org to BFL and no longer have access to the site so I've set up camp on the subreddit instead so I can shitpost about bitcoins still."	[06:49]
ThickAsThieves	"The next day we noticed that our most popular article on the entire site, the "The $22,484.00 Butterfly Labs Mini Rig bitcoin miner is a huge, broken, unstable piece of shit." had been edited and now read The Butterfly Labs Mini Rig is a sexy Bitcoin mining machine."	[06:50]
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decimation	http://www.washingtonpost.com/blogs/dr-gridlock/wp/2014/07/09/man-visiting-d-c-says-uber-driver-took-him-on-wild-ride/	[06:57]
assbot	Man visiting D.C. says Uber driver took him on wild ride - The Washington Post	[06:57]
decimation	"A side note: Waters said the hack inspector tried to radio for help from other agencies, but his attempt coincided with an outage of the city?s emergency communications system. "	[06:58]
decimation	http://www.washingtonpost.com/blogs/mike-debonis/wp/2014/07/09/radio-silence-in-d-c/	[06:58]
assbot	Radio silence in D.C. - The Washington Post	[06:58]
decimation	"The normal external power feed appeared unreliable Monday, so officials switched to generators until the issue could be addressed. But, 13 hours later, the generators failed, leaving police briefly without radio coverage, 911 callers on hold, and 311 callers totally out of luck for 16 minutes."	[06:59]
asciilifeform	decimation: less than $5k << one with no optics, yes	[07:00]
decimation	Things are getting better comrades	[07:00]
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decimation	I don't think you would be placing fine pitch parts without optics	[07:01]
asciilifeform	decimation: believe or not, the sub-$10k (new) chinese machines seem to lack optics.	[07:01]
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asciilifeform	decimation: they're meant to work with hand-holding (if you ask me, that defeats the purpose of a robot)	[07:02]
decimation	heh yeah I agree	[07:02]
decimation	the uber kidnapper is a layered story	[07:03]
decimation	failures in silly-con valley, failures in DC government, failures in DC infrastructure	[07:04]
BingoBoingo	%t	[07:07]
atcbot	[X-BT] Bid: 224 Ask: 279 Last Price: 224 24h-Vol: 175k High: 225 Low: 224 VWAP: 224	[07:07]
TheNewDeal	decimation "When they left their meeting there, they thought about taking Uber, but the wait was too long, so they took a cab instead."	[07:10]
decimation	heh yeah	[07:10]
TheNewDeal	on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping	[07:11]
TheNewDeal	was trying to get a ride home from the airport, brother was asleep, ended up paying $9 after the $25 first time discount	[07:12]
*	crypto___ is now known as crypto_x	[07:12]
decimation	one wonders about the remarkable tolerance supposedly rich people in the US have for such poor public services	[07:12]
BingoBoingo	Foghorn Leghorn weeps http://www.slate.com/blogs/moneybox/2014/07/10/impotent_roosters_chicken_prices_are_rising_because_of_genetic_problems.html	[07:14]
assbot	Impotent roosters: Chicken prices are rising because of genetic problems.	[07:14]
TheNewDeal	which public services are you speaking of decimation?	[07:14]
decimation	Isn't Lyft the one that works on "donations"	[07:14]
TheNewDeal	yes	[07:14]
TheNewDeal	and they refer to all their customers as "friends"	[07:14]
decimation	well, the taxi inspector who encouraged a high speed chase to settle some paperwork	[07:14]
decimation	then the fact that DC can't keep its radio system running	[07:15]
TheNewDeal	ahhh gotcha	[07:15]
decimation	and apparently the backup is ... sit in the cop station and eat donuts	[07:15]
decimation	england was very well policed before the telegraph	[07:15]
BingoBoingo	But how does it taste? Usually it takes some work to make a Capon Aviagen sent a team of scientists to Sanderson last autumn to study the issue and has acknowledged that an undisclosed change it made to the breed's genetics made the birds "very sensitive" to being overfed, he said. "We fed him too much. He got fat. When he got big, he did not breed as much as he was intended to," Cockrell said about the breed of rooster.	[07:15]
mircea_popescu	ThickAsThieves lmao fo real ?	[07:22]
*	#bitcoin-assets :Cannot send to channel	[07:22]
mircea_popescu	bfl trols sa lmao. idiots.	[07:22]
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mircea_popescu	tbh i don't get that bitcoinnews article. wtf is it supposed to be ?	[07:27]
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mircea_popescu	ThickAsThieves lmao fo real ?	[07:29]
mircea_popescu	bfl trols sa lmao. idiots.	[07:29]
mircea_popescu	tbh i don't get that bitcoinnews article. wtf is it supposed to be ?	[07:29]
BingoBoingo	;;bc,stats	[07:30]
gribble	Current Blocks: 310188 \| Current Difficulty: 1.6818461371161112E10 \| Next Difficulty At Block: 310463 \| Next Difficulty In: 275 blocks \| Next Difficulty In About: 1 day, 18 hours, 2 minutes, and 17 seconds \| Next Difficulty Estimate: 17191403242.3 \| Estimated Percent Change: 2.21746	[07:30]
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TheNewDeal	was hoping for a negative, no clue why	[07:31]
BingoBoingo	The thing about betting for a negative is that even if nextchange is estimated negative the first many days of a period, new hash is going to bleed all over your whites the last couple days	[07:33]
TheNewDeal	very true	[07:34]
TheNewDeal	which is why I have not bet on the negative	[07:34]
BingoBoingo	Then again... Maybe August gets really hot?	[07:34]
TheNewDeal	hottest on record :P	[07:34]
penguirker	New blog post: http://www.thedrinkingrecord.com/2014/07/10/encouraging-newsing/	[07:35]
BingoBoingo	Right now here it is a nice 18.3333 C Tomorrow it is only supposed to get up to 29 C	[07:38]
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BingoBoingo	Far from hottest on record	[07:39]
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decimation	"29. Where persons so keeping watch or ward, shall want assistance therein, any other persons on like duty, having knowledge thereof, by the rattle,signal, outcry, or otherwise, shall repair to, and assist by all means in their power; but no person, during his time of duty, shall absent himself from his particular stand or walk, without consent either of the constable or special constable of the night, unless on the above occasion;	[07:45]
decimation	or for suppressing some disorder of which he is eye or ear witness on some adjoining stand, &c. in absence of the persons keeping watch, &c. therein, nor then longer than necessary, s. 19."	[07:45]
decimation	http://books.google.com/books?id=9qRFAAAAcAAJ&pg=PA1580	[07:46]
assbot	A Digest of the Public General Statutes from Magna Charta - Robert P. Tyrwhitt, Thomas William Tyndale - Google Books	[07:46]
decimation	radio-free policing	[07:46]
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mircea_popescu	decimation do you have any idea what size constraints that;'d put on say la ?	[07:50]
decimation	http://www.thegreenwichphantom.co.uk/wp-content/uploads/2011/04/police-rattle.jpg << said rattle	[07:50]
mircea_popescu	detroit ?	[07:50]
mircea_popescu	no fucking parking lots. 15k a month to park your car.	[07:51]
decimation	I'm not sure that's such a bad thing	[07:51]
decimation	Many us cities would be better off without cars in the urban core	[07:52]
mircea_popescu	well, depends what you're optimizing for.	[07:52]
mircea_popescu	if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing.	[07:52]
mircea_popescu	if you want everyone to be able to pretend they're cool, it'd be horrible.	[07:52]
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decimation	at any rate, I bring it up mainly because I suspect that less than 1% of the democratic police even realize that this is how things were done before the radio told them what to do	[07:53]
mircea_popescu	it's not really THAT different anyway is it ?	[07:54]
decimation	not in principle, but it would require more humans to be standing around watching for things going on	[07:55]
decimation	the world's population has never been larger, yet human attention is precious	[07:55]
mircea_popescu	well that's why lol.	[07:58]
mircea_popescu	think about it... every new human has the same basic needs, but as you keep adding them to the long end of stupidity they don't actually add a full measure of attention.	[07:58]
TheNewDeal	bingoboingo, in Arizona right now and it's been lik 40 C +	[07:59]
mircea_popescu	so if population is 5 and per capita avg attention ready to be paid 2.1, then you have 2.1x as much attention as needed.	[07:59]
mircea_popescu	once the population is 50 and per capita avg attention available dropped to .95, you're short already	[07:59]
mircea_popescu	as you add more people it only gets worse.	[07:59]
BingoBoingo	TheNewDeal: Ah, here in the Middle West we've been enjoying one of those Polar Vortex things https://www.youtube.com/watch?v=VnjfYrE7xYQ	[07:59]
assbot	Polar Vortex, You Freeze My Cortex - A Complain Song - YouTube	[07:59]
decimation	mircea, this explains much of the current state of the world	[08:01]
mircea_popescu	people pretend to ignore the fact that human life, like all life, is an exercise in exploring the possibilities. as you increase the population you necessarily lower the averages.	[08:02]
TheNewDeal	bingoboingo that video was awesome. Live in the MN, but haven't been back much during the past few weeks	[08:02]
mircea_popescu	exactly for the reason and through the mechanisms any good investment is its own limiting factor.	[08:02]
TheNewDeal	they	[08:03]
TheNewDeal	the	[08:03]
TheNewDeal	they're getting flooded I hear. (sorry for hitting enter a few times)	[08:03]
mircea_popescu	TheNewDeal we'll just think you got the webcam open on the other monitor.	[08:04]
TheNewDeal	me and indiancandy getting it on	[08:04]
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cazalla	her face is all over mfc, nfi what the big deal here was	[08:06]
mircea_popescu	cazalla fail school of whoring, "gotta pretend like it's hard"	[08:06]
mircea_popescu	it's the 80s all over again.	[08:07]
cazalla	XSexyindianx on google images if anyone wants a look	[08:09]
BingoBoingo	It's like the tale of two cam girls	[08:09]
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TheNewDeal	is that a tale of two cities reference?	[08:12]
BingoBoingo	Not at all	[08:13]
TheNewDeal	i refuse to believe so	[08:15]
mircea_popescu	http://bitcoin-otc.com/viewratingdetail.php?nick=ninjashogun&sign=ANY&type=RECV	[08:16]
assbot	Rating Details for User 'ninjashogun'	[08:16]
TheNewDeal	:)	[08:16]
mircea_popescu	this is a total fucking performance, -35 in two weeks	[08:16]
mircea_popescu	not even supa.	[08:16]
mircea_popescu	;;later tell rhoruns did you go by that nick in astonia ?	[08:17]
gribble	The operation succeeded.	[08:17]
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assbot	[HAVELOCK] [B.MINE] 98 @ 0.014495 = 1.4205 BTC [+] {2}	[08:30]
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fluffypony	ThickAsThieves: normal market forces, miners gon' dump etc.	[08:57]
BingoBoingo	%d	[08:57]
atcbot	[ATC Diff] Current Diff: 785138.67 Est. Next Diff: 533370.09 in 1166 blocks (#40320) Est. % Change: -32.07	[08:57]
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*	Now talking on #bitcoin-assets	[17:20]
*	Topic for #bitcoin-assets is: http://bitcoin-assets.com \|\| http://log.bitcoin-assets.com \|\| http://bash.bitcoin-assets.com \|\| http://blogs.bitcoin-assets.com	[17:20]
*	Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 5 21:58:12 2014	[17:20]
-assbot-	Welcome to #bitcoin-assets. To get voice (ie, to be able to speak), first identify with gribble and then send "!up" to assbot in a private message. If you do not have a WoT account, try politely asking one of the voiced people for a temporary pass.	[17:20]
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mircea_popescu	!up jdoubleu	[17:22]
-assbot-	You voiced jdoubleu for 30 minutes.	[17:22]
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thestringpuller	bc,stats	[18:05]
thestringpuller	;;bc,stats	[18:05]
gribble	Current Blocks: 310253 \| Current Difficulty: 1.6818461371161112E10 \| Next Difficulty At Block: 310463 \| Next Difficulty In: 210 blocks \| Next Difficulty In About: 1 day, 8 hours, 6 minutes, and 6 seconds \| Next Difficulty Estimate: 17192441000.7 \| Estimated Percent Change: 2.22363	[18:05]
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mircea_popescu	;;ident jurov	[18:22]
gribble	Nick 'jurov', with hostmask 'jurov!~jurov@mx.coinbr.com', is not identified.	[18:22]
gribble	You are now authenticated for user jurov with key 677ABD62D0AEE7D7	[18:23]
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penguirker	New blog post: http://bitcoinpete.com/2014/07/11/pimpin-preschools-and-pos-software/	[18:35]
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assbot	[HAVELOCK] [PETA] 54 @ 0.03757167 = 2.0289 BTC [+] {9}	[18:49]
fluffypony	holy shit, ericmuyser please fix your fucking connection	[18:50]
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mircea_popescu	does that mean his connection is slutty, fucking around, and he should fix, ie castrate it ?	[18:50]
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fluffypony	D) All of the above	[18:51]
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mircea_popescu	!up alex_c	[18:51]
-assbot-	You voiced alex_c for 30 minutes.	[18:51]
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assbot	[HAVELOCK] [B.SELL] 64 @ 0.01525 = 0.976 BTC [+]	[18:52]
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assbot	[HAVELOCK] [B.MINE] [PAID] 1.65223501 BTC to 11`051 shares, 14951 satoshi per share	[18:59]
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assbot	[HAVELOCK] [PETA] [PAID] 173.75743686 BTC to 82`142 shares, 211533 satoshi per share	[19:01]
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assbot	[HAVELOCK] [PETA] 20 @ 0.03665908 = 0.7332 BTC [+] {4}	[19:05]
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assbot	[HAVELOCK] [SCRYPT] [PAID] 6.53965170 BTC to 29`438 shares, 22215 satoshi per share	[19:06]
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BingoBoingo	- ;;ticker	[19:18]
BingoBoingo	;;ticker	[19:18]
gribble	Bitstamp BTCUSD ticker \| Best bid: 628.78, Best ask: 629.52, Bid-ask spread: 0.74000, Last trade: 629.52, 24 hour volume: 6210.79826244, 24 hour low: 612.58, 24 hour high: 630.0, 24 hour vwap: 0	[19:18]
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pankkake	http://www.reddit.com/r/Buttcoin/comments/2adssm/buttcoin_foundation_rocked_as_founder_exposed_to/	[19:33]
assbot	Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs : Buttcoin	[19:33]
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mod6	%d	[19:37]
atcbot	[ATC Diff] Current Diff: 785138.67 Est. Next Diff: 539534.36 in 1105 blocks (#40320) Est. % Change: -31.28	[19:37]
mod6	%p	[19:37]
atcbot	[CoinMiner Hashrate]: 0.03 TH/s [PityThePool Hashrate]: 4754.24 GH/s	[19:37]
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BingoBoingo	So Lebron signed with Cincinnati, or Cleveland. Which ever C town in hell has a basketball team	[19:58]
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BingoBoingo	Speaking of Ohio... how is rentalstarter doing?	[20:01]
benkay	!t h rent	[20:02]
assbot	[HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)	[20:02]
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mircea_popescu	;;seen hm.	[20:09]
gribble	I have not seen hm..	[20:09]
mircea_popescu	what was the guy's name ?	[20:09]
mircea_popescu	;;seen the20year	[20:09]
gribble	the20year was last seen in #bitcoin-assets 10 weeks, 2 days, 0 hours, 39 minutes, and 42 seconds ago: Corn oil sells locally for $3.25/gal	[20:09]
jurov	:D	[20:11]
assbot	[HAVELOCK] [PETA] 153 @ 0.0368 = 5.6304 BTC [+]	[20:12]
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BingoBoingo	!t h RENT	[20:12]
assbot	[HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)	[20:13]
BingoBoingo	So not the lowest they've been this months, but still well any of their OMGWTFIPOs	[20:13]
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assbot	[HAVELOCK] [PETA] 17 @ 0.03662941 = 0.6227 BTC [-] {3}	[20:15]
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mike_c	it has held up because the exchange rate has been so stable. the guy doesn't seem like a scammer, or even incompetent. it would be a good investment if bitcoin didn't exist.	[20:28]
mike_c	i wonder what would have happenned if this was advertised on espn.com http://bitbet.us/bet/960/lebron-james-to-take-his-talents-elsewhere/	[20:30]
assbot	BitBet - LeBron James to take his talents elsewhere :: 0.21 B (42%) on Yes, 0.29 B (58%) on No \| closing in 3 months 1 week\| weight: 84`213 (100`000 to 1)	[20:30]
mike_c	it was 2.9 : 1 before that last scammer bet. the underdog won again	[20:32]
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assbot	[HAVELOCK] [PETA] 17 @ 0.037368 = 0.6353 BTC [-]	[20:32]
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assbot	[HAVELOCK] [PETA] 25 @ 0.03582069 = 0.8955 BTC [-] {5}	[20:33]
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samO	samson Sebastan shandid Skirmant smidge SomeoneWeird starsoccer statdude steven-__ SuchWow	[20:40]
miaoux	midnightmagic mikaeldice mike_c MiningBuddy- mircea_popescu mius mixdio_	[20:40]
miaoux	midnightmagic mikaeldice mike_c MiningBuddy- mircea_popescu mius mixdio_	[20:40]
mircea_popescu	mike_c why scammer bet ?	[20:40]
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BingoBoingo	http://i.kinja-img.com/gawker-media/image/upload/s--lL5_3Pf---/c_fit,fl_progressive,q_80,w_636/z9z6weno6y6yyho61uvs.png	[20:44]
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mike_c	the bet is logged at 16:26 today, i assume that is GMT? Lebron tweeted a link to the sports illustrated article at 16:31, I assume it had been published more than 5 minutes earlier.	[20:46]
asciilifeform	BingoBoingo: lol!	[20:47]
assbot	[HAVELOCK] [B.SELL] 38 @ 0.015399 = 0.5852 BTC [+]	[20:48]
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assbot	[HAVELOCK] [PETA] 15 @ 0.03679 = 0.5519 BTC [+]	[20:50]
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mike_c	yeah, here it is at 13:30 gmt: https://twitter.com/KingJames/status/487634726736646144	[20:54]
mike_c	scammers be scammin'	[20:54]
assbot	[HAVELOCK] [PETA] 400 @ 0.03808767 = 15.2351 BTC [+] {8}	[20:54]
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assbot	[HAVELOCK] [CFIG] 11 @ 0.049 = 0.539 BTC [-] {2}	[20:55]
mike_c	BingoBoingo: lol. people like spielberg are the reason dinosaurs are EXTINCT now.	[20:57]
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assbot	[HAVELOCK] [PETA] 20 @ 0.03815 = 0.763 BTC [-]	[21:18]
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assbot	[HAVELOCK] [PETA] 30 @ 0.0381799 = 1.1454 BTC [+] {3}	[21:45]
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assbot	[HAVELOCK] [PETA] 14 @ 0.03810854 = 0.5335 BTC [-] {4}	[21:54]
penguirker	New blog post: http://www.thedrinkingrecord.com/2014/07/11/a-friendly-reminder-on-shorting/	[21:56]
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BingoBoingo	Evil finds a way	[22:14]
fluffypony	[21:16:02] sud0sandwich: BREAKING NEWS: Facebook has acquired potato salad for $2 billion.	[22:16]
fluffypony	lol	[22:16]
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bitcoinpete	howdy	[22:19]
thestringpuller	;;bc,stats	[22:20]
gribble	Current Blocks: 310280 \| Current Difficulty: 1.6818461371161112E10 \| Next Difficulty At Block: 310463 \| Next Difficulty In: 183 blocks \| Next Difficulty In About: 1 day, 5 hours, 5 minutes, and 9 seconds \| Next Difficulty Estimate: 17170379755.6 \| Estimated Percent Change: 2.09245	[22:21]
bitcoinpete	heya jurov, how goes coinbr?	[22:21]
bitcoinpete	asciilifeform: today we have technology, no longer need squirrel to see colour. but still necessary for 3d, etc. << skvirrel! and moose!	[22:21]
bitcoinpete	mircea_popescu: kako is a graybeard despite his tender years << nao i want to dox the guy, find out how tender...	[22:22]
bitcoinpete	jurov: can i get fiat-denominated insurance on that promise?	[22:23]
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bitcoinpete	i like	[22:23]
bitcoinpete	decimation: failures in silly-con valley, failures in DC government, failures in DC infrastructure << failureville, usa. it's like the new springfield	[22:24]
bitcoinpete	jurov: lol i was more poking fun at circle, pierce, etc	[22:24]
benkay	armory is a gui-only thing, right?	[22:25]
bitcoinpete	benkay: pretty sure ya	[22:25]
benkay	htm	[22:25]
benkay	hrm*	[22:25]
bitcoinpete	TheNewDeal: on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping << that's what they want you to think	[22:25]
mike_c	benkay: you can acces everything through python	[22:26]
bitcoinpete	mircea_popescu: if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing. << like london. can't park your zonda anywhere	[22:26]
mike_c	https://bitcoinarmory.com/developers/python-scripting/	[22:27]
assbot	Python Scripting \| Bitcoin Armory	[22:27]
bitcoinpete	mircea_popescu: exactly for the reason and through the mechanisms any good investment is its own limiting factor. << this is a thought	[22:28]
benkay	awesome mike_c you're a scholar	[22:28]
mike_c	and a gentleman	[22:28]
bitcoinpete	fluffypony: "1. passes kept in a plaintext file" << those kids	[22:29]
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BingoBoingo	benkay: Armoryd is a thing	[22:29]
mircea_popescu	!up indiancandy1	[22:29]
-assbot-	You voiced indiancandy1 for 30 minutes.	[22:29]
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bitcoinpete	well there ya go, i should know better than to chime in on armoury's guiness	[22:30]
bitcoinpete	http://link.reuters.com/fax39t	[22:31]
assbot	Canada jobs, unemployment	[22:31]
BingoBoingo	bitcoinpete: If you thing bitcoind takes up a lot of hard drive space though...	[22:31]
mircea_popescu	bb has a point, http://bitbet.us/bet/854/brock-pierce-to-resign-at-btc-foundation/ is maybe a little lopsided	[22:31]
assbot	BitBet - Brock Pierce to resign at BTC Foundation :: 0.3 B (3%) on Yes, 10.08 B (97%) on No \| closing in 1 month 2 weeks \| weight: 45`677 (100`000 to 1)	[22:31]
bitcoinpete	canadian unemployment 7.1%, usa at 6.1%	[22:31]
bitcoinpete	totally made up stats but y'know	[22:31]
benkay	our fictions are less than yours	[22:32]
bitcoinpete	or yours are greater	[22:32]
bitcoinpete	and ours more accurate	[22:32]
indiancandy1	hi amigos	[22:32]
bitcoinpete	no way to know!	[22:32]
fluffypony	wtf is this, I don't understand: https://bitcointalk.org/index.php?topic=686482.0	[22:33]
assbot	Giveaways from Mr Ricardo investor and diplomat	[22:33]
bitcoinpete	mircea_popescu: if derpopolous, matonis, etc can jump ship, why not pierce	[22:33]
mircea_popescu	everyone jumps shit eventualy.	[22:33]
benkay	hop a poop	[22:33]
mircea_popescu	fluffypony is that you ?	[22:33]
fluffypony	no	[22:33]
mircea_popescu	"I am Mr Ricardo, one of the first bitcoin miners early in 2009, prosperous engineer, social policymaker and developer of different marketplaces everywhere in the network."	[22:34]
fluffypony	I'm Riccardo with two c's (Italian) - Ricardo with one c is Spanish / Portuguese	[22:34]
mircea_popescu	basically, rpietilla v2.0	[22:34]
mircea_popescu	who in turn was goat 2.0	[22:34]
*	asciilifeform misread as 'prosperous social engineer'	[22:34]
mircea_popescu	it won't soon end. next move is rap derps going on about their bitcoin creed	[22:34]
fluffypony	"broadcasting transfers rebuilding musing searching resources spreading means handling experience"	[22:34]
mircea_popescu	the consumer end is cursed to be forever consumer facing.	[22:35]
fluffypony	that sounds like "I shat a bunch of words out because I'm high"	[22:35]
mircea_popescu	well... the demo is high.	[22:35]
fluffypony	lol! https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpa1/t1.0-9/10447408_891063467576825_1721796086288559289_n.jpg	[22:35]
mircea_popescu	"My contribution in the innovative structures last years filled out 88% of my time."	[22:35]
indiancandy1	how is evryone today	[22:37]
mircea_popescu	pretty amused.	[22:37]
benkay	thanks BingoBoingo	[22:37]
fluffypony	that is great	[22:38]
mircea_popescu	"Huge investors are consolidating here, that's good sign. You found this topic very fast. Excellent. Big things in work."	[22:38]
benkay	;;rate mike_c 2	[22:38]
gribble	Error: For identification purposes, you must be authenticated to use the rating system.	[22:38]
mircea_popescu	buncha squatters	[22:38]
benkay	;;eauth benkay	[22:39]
gribble	Request successful for user benkay, hostmask benkay!~user@unaffiliated/benkay. Get your encrypted OTP from http://bitcoin-otc.com/otps/2AFA1A9FD2D031DA	[22:39]
benkay	;;everify freenode:#bitcoin-otc:5ddaa809667d6a93d9b743d548729a1881869d70787a583a497c4277	[22:39]
gribble	You are now authenticated for user benkay with key 2AFA1A9FD2D031DA	[22:39]
benkay	;;rate mike_c 2	[22:39]
gribble	Rating entry successful. Your rating of 2 for user mike_c has been recorded.	[22:39]
mircea_popescu	"I will rape you fucking partridge. I am more legit then you. I am sure that your account is hacked and you are not the one you are trying to show. Shut up there or i will fuck you in hole"	[22:40]
mircea_popescu	is this a re-do of the s.limbs ?	[22:41]
fluffypony	classic	[22:41]
fluffypony	"Shut up there or i will fuck you in hole between buttocks."	[22:42]
fluffypony	let's use the whole phrase	[22:42]
fluffypony	because it's awesome	[22:42]
mircea_popescu	kinda long tho	[22:43]
benkay	!b 4	[22:43]
assbot	Last 4 lines bashed and pending review. ( http://dpaste.com/2BW5YVK.txt )	[22:43]
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mircea_popescu	assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster \| Ars Technica << punkman to be fair, that's not really either important or making a lot of sense. sometimes prototypes fail, which is why they're called prototypes. i don't think you can find any item which didn't have millions "wasted" in prototyping	[22:45]
mircea_popescu	the problem with kickstarter and the shit trying to copy it isn't that it wastes a lot of money, but that it wastes it pointlessly.	[22:46]
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asciilifeform	sane people don't sell prototype as product.	[22:46]
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mircea_popescu	asciilifeform sane people also aren't on kickstarter, nor do they think everyone's their peer, nor do they think they have something to "contribute" in random fields that never heard of them.	[22:46]
mircea_popescu	we're in postmodernism here, and so therefore postsanity.	[22:46]
asciilifeform	lol	[22:46]
bitcoinpete	!b 3	[22:47]
assbot	Last 3 lines bashed and pending review. ( http://dpaste.com/2JTY2RT.txt )	[22:47]
mircea_popescu	of course, actually wasting money is a net positive for the us system.	[22:47]
mircea_popescu	in that it deflates the bubbles.	[22:47]
mircea_popescu	the most important economic activity in a runaway inflation macroeconomy is the writing off of bad debts.	[22:48]
asciilifeform	it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry	[22:48]
mircea_popescu	which is kinda why the headlines read like they did, a few years ago. "x bank writes off y bilions"	[22:48]
mircea_popescu	asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it.	[22:49]
asciilifeform	the people who did that kickstart, for instance, are separated from their true motherland - the uranium mines - for so long as the money lasts them.	[22:49]
mircea_popescu	as long as the scammers actualy waste it, rather than keep it, this is financial sterilisation.	[22:49]
mircea_popescu	you're looking at it up the river.	[22:49]
mircea_popescu	entropy actually flows the other direction	[22:50]
asciilifeform	who will replace the uranium that wasn't mined?	[22:50]
mircea_popescu	but the reason these derps are on kickstarter and bitcointalk instead of whatever mine isn't that they had enough money and bought their way out.	[22:50]
benkay	it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry // asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it. // wait how is taking the money from people who shouldn't have it and giving it to others who shouldn't have had it either not subtracting a from x and then adding a back to x?	[22:51]
asciilifeform	from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank	[22:51]
mircea_popescu	benkay because group 1 was "investing it" therefore wrecking capital allocation	[22:51]
benkay	i'm living through a fog of back pain today so forgive the retardation	[22:51]
mircea_popescu	whereas group 2 just spends it, therefore merely wasting resources.	[22:52]
mircea_popescu	consider group 1 of 50 idiots who "invested" with pirate, thus creating for me the problem of there existing a pirate, something im still dealing with.	[22:52]
mircea_popescu	vs the 50 idiots who bought pizzas and lost wallets and whatnot.	[22:52]
mircea_popescu	which is the more pernicious iyo ?	[22:52]
asciilifeform	mircea_popescu: aha i recall, you described this lemma in the 'tin woman' essay	[22:53]
mircea_popescu	if there were no pirate and no silkroad whatshisname, the usg wouldn't be tempted today by the very dangerous heresy that "maybe it can make it on its own"	[22:53]
mircea_popescu	generally, the sooner agents are brought to their knees the less blood gets spilled.	[22:53]
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mircea_popescu	from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank << false. the cheap factorygirlz in china come from families which have cared enough about them to invested beatings and other very valuable time.	[22:55]
bitcoinpete	mircea_popescu: other than just having a mountain of coins and the ability to dispense of them erratically, how does pirate impact you?	[22:55]
mircea_popescu	no such thing in the us. that's why.	[22:55]
mircea_popescu	bitcoinpete that's exactly it.	[22:56]
asciilifeform	mircea_popescu: very pessimistic, but probably true. the inevitable conclusion is 'biodiesel.'	[22:56]
bitcoinpete	a ok	[22:56]
mircea_popescu	bitcoinpete consider the case of a street where some idiot builds an unstable skyscraper.	[22:56]
mircea_popescu	the cost of the thing falling may be 10k	[22:56]
benkay	Mats_cd03: how much time would making rest-y interface to bitc take?	[22:56]
mircea_popescu	but the cost of everyone on the street insuring against being fallen on ? 1mn over 10 years.	[22:56]
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asciilifeform	if i recall, this used to be called 'externality'	[22:57]
mircea_popescu	exactly	[22:57]
bitcoinpete	right. so the energy expending in making the infrastructure robust enough to deal with pirate's hits are severely costly	[22:57]
mircea_popescu	that's why you don't let derps build unstable skyscrapers. not because the thing WILL fall, but because the thing MIGHT fall	[22:58]
mircea_popescu	which is more expensive than it simply falling.	[22:58]
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asciilifeform	or, one could say, the cost of a maniac spinning round and round with machine gun is not merely the wasted lead.	[22:58]
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mircea_popescu	something like that.	[22:59]
mircea_popescu	and now y'all are better qualified risk managers and generally speaking financiers than pretty much everyone under 30 on ws.	[22:59]
bitcoinpete	this appears to be one of those cases where the cost of uncertainty greatly exceeds the potential benefits of the construction	[22:59]
mircea_popescu	and an appalling fraction of the over 30 crowd to boot	[22:59]
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bitcoinpete	sort of like playground equipment with built-in buzzsaws	[23:00]
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bitcoinpete	or the opposite of most of the de-riskified markets (and playgrounds)	[23:00]
mircea_popescu	bitcoinpete problem is there's two kinds of risk.	[23:01]
mircea_popescu	the risk that your prototype may not work, for whatever real reason, is one type, and eminently insurable.	[23:01]
mircea_popescu	the risk that your boss may not let you make the prototype however, for whatever ideological reason, is the other type.	[23:01]
bitcoinpete	sure, have lots of prototypes..	[23:01]
bitcoinpete	ya, can't have lots of bosses	[23:02]
mircea_popescu	eminently uninsurable, and the confusion between the two things pretty much the #1 killed of insurance businesses.	[23:02]
bitcoinpete	interesting.	[23:03]
bitcoinpete	so with pirate, we can't make prototypes because we don't know if he'll say yes?	[23:03]
mircea_popescu	uh	[23:03]
bitcoinpete	in that we can try to make something and he could arbitrarily crush it	[23:04]
bitcoinpete	or not arbitrarily	[23:04]
mircea_popescu	no, more like we tell that Columbia girl that the best future for her is on her two knees and with a welted butt in our household	[23:04]
mircea_popescu	but this idiot with a flashy car tells her how he's gonna make her a singer-actresss	[23:04]
mircea_popescu	and stupid as she is, she goes for it.	[23:04]
mircea_popescu	two years later, she's working that mfc and wondering "why it all went wrong"	[23:05]
bitcoinpete	so another 5 years pass and she humbly comes to her senses, following the girls who make the right decision 7 years priot	[23:06]
bitcoinpete	prior*	[23:06]
mircea_popescu	there's no coming back.	[23:06]
mircea_popescu	this is a didactic illusion, people do it in school.	[23:06]
bitcoinpete	hm ya, "upgrading"	[23:06]
bitcoinpete	so a lot of people who got into bitcoin in 2011 and got raped by pirate are gone forever	[23:07]
bitcoinpete	and probably worse off than people who got in in 2013	[23:07]
mircea_popescu	well no. most of them went on to "invest" in glbse, be "offended" by mpoe-pr, then "invest" in whatever,	[23:08]
mircea_popescu	they're still around, mostly, still derping, mostly	[23:08]
mircea_popescu	by the time you're that defeated you really have no incentive left to admit you're stupid.	[23:08]
bitcoinpete	so they suck versus more humble, even later, entrants	[23:09]
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mircea_popescu	"people", ie, nobodies who got in in 2013 got in at a time their meagre disposable income already made it impossible for them to matter.	[23:10]
mircea_popescu	so a lot of the heartache of discovering one is poor because one is stupid, not because one never "had a chance" is spared them.	[23:11]
benkay	http://soylentnews.org/article.pl?sid=14/07/11/0953240&from=rss	[23:11]
assbot	SoylentNews \| Police Request Permission to take Nude Photo of Minor Sexting Suspect	[23:11]
mircea_popescu	benkay iitl!	[23:11]
asciilifeform	nobodies who got in in 2013... meagre disposable income already made it impossible for them to matter << not so simple. chumpatronic engineers, malware artists, etc. who got in 2013 (or even today) can still accumulate enough to build plenty of falling skyscrapers	[23:12]
mircea_popescu	"Young math students are warned about the critical difference between precision and accuracy. Financial models, especially valuation models, are interesting in that they can be particularly precise. A discounted cash flow model can lead to a result with two numbers right of the decimal for price-per-share. But what is the true accuracy of most of these financial models?"	[23:13]
mircea_popescu	bill gurley is fucking retarded.	[23:13]
asciilifeform	or is there reason to think that we've reached a 'ground state' where all of the money has left the 'fool pockets'	[23:13]
mircea_popescu	why put a pike on display just to stab yourself on the eye with ? just don't mention statistics at all, and merely go on derping nudely, "i want uber to be worth moar"	[23:13]
mircea_popescu	asciilifeform the problem was 1mn btc sloshing together at a time the total circulating btc was like 5mn	[23:14]
mircea_popescu	nobody getting in today gets even 100k together, let alone 3mn, to keep proportions.	[23:14]
mircea_popescu	most "vc"s are exposed to less btc than usagi was three years ago, for crying out loud.	[23:14]
bitcoinpete	at least vc's use back-ups	[23:15]
assbot	[HAVELOCK] [PETA] 22 @ 0.039863 = 0.877 BTC [+] {2}	[23:16]
asciilifeform	wouldn't the increased fiat pull of btc today compensate? e.g. for 30k btc one can build an actual skyscraper - which proceeds to fall...	[23:16]
mircea_popescu	i do not care what happens in the fiat world.	[23:16]
mircea_popescu	not anymore.	[23:16]
mircea_popescu	let obama fix that.	[23:16]
*	kermit has quit (Ping timeout: 240 seconds)	[23:16]
mircea_popescu	"So here is the objective of this post. It is not my aim to specifically convince anyone that Uber is worth any specific valuation. What Professor Damodaran thinks, or what anyone who is not a buyer or seller of stocks thinks, is fairly immaterial."	[23:17]
mircea_popescu	if there ever was a good signal to gtfo out of us stocks... i dunno what else it could be,.	[23:17]
bitcoinpete	mircea_popescu: so what do some of the scenarios of pirate shenanigans look like?	[23:18]
*	assbot gives voice to dub	[23:18]
dub	tl;dr on mpex?	[23:19]
mircea_popescu	"being arrested and dropping ten btc to the usg"	[23:19]
mircea_popescu	dub http://trilema.com/2014/mpex-status-update/	[23:19]
assbot	MPEx status update pe Trilema - Un blog de Mircea Popescu.	[23:19]
mircea_popescu	" For most of America, prior to Uber it was impossible to predict how long it would take for a taxi to show up."	[23:20]
dub	ty	[23:20]
mircea_popescu	dude srsly... how is this a country ?	[23:20]
*	joesmoe (~joesmoe@2601:1:b200:75c:211:32ff:fe18:ef25) has joined #bitcoin-assets	[23:20]
bitcoinpete	http://reason.com/blog/2014/07/10/senate-judiciary-committee-backs-constit << on the us as "a country"	[23:20]
assbot	Senate Judiciary Committee Backs Constitutional Amendment to Restrict Free Speech - Hit & Run : Reason.com	[23:20]
midnightmagic	Nobody cares about taxis or buses or rail. Everyone just has a car.	[23:21]
*	smidge has quit (Quit: sorry, but you've mistaken me for someone who gives a fuck...)	[23:21]
*	assbot gives voice to jborkl	[23:21]
mircea_popescu	i can tell you that uber has 0 chances in romania, because i've never had a taxi be over 5 minutes, nor did i ever have a problem getting lost items back	[23:21]
mircea_popescu	generally, the driver just brings it back.	[23:21]
mircea_popescu	argentina is no different	[23:21]
mircea_popescu	the idea that there's a "global market" is beyond shoddy.	[23:22]
mircea_popescu	actualy, to put it in perspective, i've lived here for over a month, took > 100 rides, NEVER HAD TO CALL ONE.	[23:22]
mircea_popescu	never waited more than a minute. walk up to street, lift hand. taxi is tere.	[23:22]
jborkl	If you were so inclined, to further drive mirceas point. It was very easy to raise 50K bitcoins two years ago	[23:23]
asciilifeform	incidentally, i recently read a hilarious book by a russian who drove a taxi in new york in the '70-'80s. 'желтые короли' ('yellow kings.' in english translation - which apparently exists - 'taxi from hell')	[23:23]
bitcoinpete	jborkl: was like $1mn then	[23:23]
*	kermit (unknown@pdpc/supporter/bronze/kermit) has joined #bitcoin-assets	[23:24]
dub	i'd use uber	[23:24]
jborkl	well let me give you this example - Bakewell raised funds through a IPO with a shoe on his head picture to build 2 GPU minners	[23:25]
bitcoinpete	bbiab	[23:25]
dub	taxi's are safer called, mopst of the flaggable ones are driven by rapists	[23:25]
mircea_popescu	dub now how did you form that idea ?	[23:25]
asciilifeform	'uber' is just another in a long line of chumpatrons which work by persuading some chumps to make idiotic business decision, and packaging/selling the result to other chumps	[23:25]
asciilifeform	see, e.g., 'etsy'	[23:25]
jborkl	people fell all over themselves to "invest" in this	[23:25]
mircea_popescu	asciilifeform etsy is a great place to meet famished young things. some pretty. some educable.	[23:26]
dub	I liked that park auctioning app from the valley	[23:26]
asciilifeform	lol	[23:26]
asciilifeform	mircea_popescu can apparently reprocess anything into a useful feedstock. like the chicago stockyards famously used 'even the squeal of the pig.'	[23:26]
mircea_popescu	it's a talent.	[23:26]
dub	http://boingboing.net/2014/05/06/app-lets-you-auction-your-san.html	[23:27]
assbot	App lets you auction your San Francisco parking spot - Boing Boing	[23:27]
fluffypony	http://imgur.com/a/lphHd	[23:27]
assbot	imgur: the simple image sharer	[23:27]
fluffypony	that is awesome	[23:27]
mircea_popescu	lol so the frenchies want to a) make bitcoin tx illegal among anon parties and b) make max tx 3k euro.	[23:27]
mircea_popescu	i wonder what's next, we decide to confiscate all bitcoin owned by anyone involved with the french government ?	[23:28]
asciilifeform	mircea_popescu: next, they order the blockchain whipped. and branded.	[23:28]
davout	mircea_popescu: don't even get me started	[23:29]
mircea_popescu	davout why do you live in Dumblandia ?	[23:29]
davout	no, because i read between the lines of that thing	[23:30]
mircea_popescu	fluffypony ahaha appreciated.	[23:30]
davout	i think they are fucking terrified	[23:30]
jborkl	so how exactly do they propose to enforce this?	[23:30]
jborkl	oh wait they cant	[23:30]
davout	jborkl: they just "said" nobody expects them to "do"	[23:31]
mircea_popescu	https://nxtforum.org/general-discussion/klee-bounty!/ << someone explain wtf this retardation is ?	[23:31]
assbot	Klee bounty!	[23:31]
mircea_popescu	in terms easily digestible for you know, sane people.	[23:31]
jborkl	he got 1200 btc stolen	[23:31]
mircea_popescu	how ?	[23:31]
jborkl	and is paying 500 to get it back	[23:31]
jborkl	some alt coin	[23:32]
jborkl	neex coin?	[23:32]
jborkl	cleartext dropbox	[23:33]
jborkl	.dat	[23:33]
mircea_popescu	so is it that some derp holding a worthless scamcoin he arbitrarily values at 1k btc got his worthless scamcoin "stolen"	[23:33]
mircea_popescu	through such eminent strategies as giving away whatever passes for a password in that particular altscam world ?	[23:33]
mircea_popescu	and in fact what was stolen is a broken spoon nobdy cares about except for some down syndrome patients ?	[23:34]
mircea_popescu	cause that's what i got on the first pass.	[23:34]
jborkl	well, you know a broken spoon is worth a bunch to the creator or the mentally ill	[23:35]
jborkl	so yes	[23:35]
mircea_popescu	great. punkman is like the resident social caseworker.	[23:36]
jborkl	oh wait - no he really has 1170 btc, in btc	[23:36]
jborkl	had	[23:36]
jborkl	https://blockchain.info/nl/address/1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr	[23:36]
assbot	Bitcoin Adres 1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr	[23:36]
mircea_popescu	that was a short trip	[23:37]
*	akstunt600 has quit (Read error: Connection reset by peer)	[23:38]
*	ak_ has quit (Read error: Connection reset by peer)	[23:38]
mircea_popescu	kakobrekla: or just mix the laxatives in the drink and run. << why run ?	[23:38]
mircea_popescu	let their gut run and watch.	[23:39]
*	ak_ (~ak@65-78-62-173.c3-0.upd-ubr2.trpr-upd.pa.static.cable.rcn.com) has joined #bitcoin-assets	[23:39]
kakobrekla	dun wanna be covered in shit.	[23:40]
*	akstunt600 (~ak@65.78.62.173) has joined #bitcoin-assets	[23:40]
mircea_popescu	aren';t you slovenian already ?	[23:40]
kakobrekla	ill subscribe for french passport at this rate.	[23:40]
mircea_popescu	you know they'll make you dine as a citizenship test ?	[23:41]
davout	you are mistaken	[23:41]
davout	the reason we don't shower is that we naturally smell awesome	[23:41]
mircea_popescu	;;google faire dinette	[23:41]
gribble	DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest: ; dinette on Pinterest: ; Dodo dinette - French Children's Songs - France - Mama Lisa's ...:	[23:41]
kakobrekla	do they have spoons?	[23:41]
davout	mircea_popescu: lol didn't i show you this one ?	[23:41]
davout	;;google faire dinette wikipedia	[23:41]
mircea_popescu	davout indeed. i learn fast and permanently.	[23:41]
gribble	Dînette — Wikipédia: ; France - Zappa Wiki Jawaka: ; dinette — Wiktionnaire:	[23:41]
davout	;;google wikipedia soupeur	[23:42]
gribble	soupeur - Wiktionary: ; Lojeanz didier - YouTube: ; Monosodium glutamate - Wikipedia, the free encyclopedia:	[23:42]
mircea_popescu	http://www.pinterest.com/playwithkids/dinette-au-crochet-marchande-play-food/ << this is pretty good lmao	[23:42]
davout	hehe this page is only in french	[23:42]
assbot	DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest	[23:42]
davout	I'D PLAY WITH THAT	[23:43]
*	Swadq (~Swadq@cpc14-wake8-2-0-cust729.17-1.cable.virginm.net) has joined #bitcoin-assets	[23:44]
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bitcoinpete	fluffypony: http://imgur.com/a/lphHd << lmao. thx for this. hardest i've laughed in a while!	[23:56]
assbot	imgur: the simple image sharer	[23:56]
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*	statdude (~statdude@66.87.127.168) has joined #bitcoin-assets	[23:57]

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