Forum logs for 20 Dec 2013
Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
mircea_popescu | pankkake http://trilema.com/2013/a-deal-can-be-anything/ << thanks for teh link | [00:06] |
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assbot | [HAVELOCK] [AM1] 33 @ 0.29513114 = 9.7393 BTC [+] {13} | [00:10] |
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assbot | [HAVELOCK] [VTX] 7 @ 0.0502 = 0.3514 BTC [+] | [00:28] |
mircea_popescu | http://bitbet.us/bet/85/nasa-finds-et/ | [00:29] |
mircea_popescu | check out the bottom feeders in teh comments lol | [00:29] |
ozbot | BitBet - NASA finds ET | [00:29] |
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assbot | [MPEX] [S.MPOE] 58162 @ 0.00090436 = 52.5994 BTC [+] {4} | [00:52] |
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benkay | !t m s.nsa | [01:08] |
assbot | [MPEX:S.NSA] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00012 / 0.00013374 / 0.00016 (2037 shares, 0.27 BTC), 30D: 0.0001011 / 0.00010754 / 0.00016 (487679 shares, 52.45 BTC) | [01:08] |
mike_c | excellent pr skillz prevented a freefall :) | [01:10] |
assbot | [HAVELOCK] [SFI] 50000 @ 0.001 = 50 BTC | [01:10] |
benkay | the audience is tractable. | [01:11] |
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assbot | [HAVELOCK] [AM1] 1 @ 0.297 BTC [+] | [01:18] |
mircea_popescu | olo | [01:19] |
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benkay | yolo! | [01:25] |
Vexual | mircea, i was interested to see you wrote on the film the family | [01:31] |
assbot | [HAVELOCK] [AM1] 42 @ 0.29799897 = 12.516 BTC [+] {2} | [01:32] |
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Vexual | did you see something beautiful on the banal underpainting? or are you joking about evryones hardon for deniros? | [01:34] |
mircea_popescu | http://trilema.com/2013/the-family/ | [01:38] |
ozbot | The Family pe Trilema - Un blog de Mircea Popescu. | [01:38] |
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assbot | [HAVELOCK] [VTX] 3 @ 0.05916666 = 0.1775 BTC [+] {3} | [01:52] |
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Vexual | if you have the tools handy, try removing every frame with a face, it's a nice short film | [01:57] |
assbot | [HAVELOCK] [AM100] 150 @ 0.002836 = 0.4254 BTC [+] | [01:59] |
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assbot | [HAVELOCK] [VTX] 2 @ 0.06677775 = 0.1336 BTC [+] {2} | [02:02] |
assbot | [HAVELOCK] [VTX] 3 @ 0.07599999 = 0.228 BTC [+] {3} | [02:03] |
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Duffer1 | http://www.newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306 | [02:06] |
ozbot | Why the Web Won't Be Nirvana | [02:06] |
Duffer1 | "The truth in no online database will replace your daily newspaper" | [02:06] |
Vexual | hiss eyes are more glazed than his orb | [02:07] |
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Vexual | he evvisions a bigger, shinier trackball with more velco | [02:08] |
Duffer1 | ha | [02:09] |
Duffer1 | needs more corduroy imo | [02:09] |
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assbot | [HAVELOCK] [CBTC] 842 @ 0.00012 = 0.101 BTC [+] | [02:16] |
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Vexual | another fun image processing exercise, no corduroy, no run | [02:19] |
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Vexual | orb reports fatal cord error | [02:21] |
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deadweasel | ha, the family, mildy entertaining. i'm pretty sure as US citizens, we are allowed blow up foreign groceries. | [02:23] |
deadweasel | as long as we use drones. | [02:23] |
deadweasel | mildly* se | [02:23] |
deadweasel | fuck keyboards | [02:23] |
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thestringpuller | amazing | [02:32] |
assbot | AMAZING COMPANY! | [02:32] |
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assbot | [HAVELOCK] [AM1] 1 @ 0.297 BTC [-] | [02:35] |
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assbot | [HAVELOCK] [AM1] 2 @ 0.297 = 0.594 BTC [-] | [02:45] |
assbot | [HAVELOCK] [VTX] 3 @ 0.0799999 = 0.24 BTC [-] | [02:45] |
assbot | [HAVELOCK] [CFIG] 2 @ 0.08200001 = 0.164 BTC [-] {2} | [02:50] |
assbot | [HAVELOCK] [CBTC] 1000 @ 0.00012 = 0.12 BTC [+] | [02:50] |
mircea_popescu | deadweasel mildewy ? | [02:51] |
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assbot | [HAVELOCK] [CBTC] 15000 @ 0.00012 = 1.8 BTC [+] | [02:57] |
deadweasel | the brain, yes | [02:58] |
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assbot | [HAVELOCK] [AM1] 10 @ 0.297 = 2.97 BTC [-] | [03:18] |
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assbot | [HAVELOCK] [AM100] 92 @ 0.00284965 = 0.2622 BTC [-] {3} | [03:22] |
assbot | [MPEX] [S.MPOE] 26400 @ 0.00090258 = 23.8281 BTC [-] {2} | [03:23] |
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assbot | [HAVELOCK] [CBTC] 10000 @ 0.00012 = 1.2 BTC [+] | [03:31] |
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Vexual | http://www.youtube.com/watch?v=dmIG9ujYEyM | [03:54] |
ozbot | Peter Chung Animated Creations (6) - YouTube | [03:54] |
Vexual | http://www.youtube.com/watch?v=N8pwUMuS8S0 | [03:55] |
ozbot | Aloe Blacc - I Need A Dollar (Ben E & Falki Remix) - YouTube | [03:55] |
assbot | [HAVELOCK] [COG] 37 @ 0.0421892 = 1.561 BTC [-] {6} | [03:55] |
assbot | [HAVELOCK] [CBTC] 2063 @ 0.00012 = 0.2476 BTC [+] | [03:56] |
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assbot | [HAVELOCK] [SFI] 30000 @ 0.001 = 30 BTC | [04:01] |
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assbot | [HAVELOCK] [SFI] 20000 @ 0.001 = 20 BTC | [04:02] |
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Vexual | nubbins' how foes the rainbow vomit? | [04:10] |
Vexual | your macig fountain bar installation | [04:12] |
KRS|Gotyawallet | hey Vexual | [04:15] |
Vexual | hello | [04:15] |
nubbins` | ah. we didn't have enough time to make a rainbow vomit | [04:16] |
nubbins` | had to settle for rainbow streamers ;( | [04:16] |
Vexual | did it provide a model of a frame of reference where light only behaves as a wave and shit? | [04:16] |
nubbins` | in fact, the room filled up with vibrations | [04:17] |
Vexual | amazing | [04:18] |
assbot | AMAZING COMPANY! | [04:18] |
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assbot | [HAVELOCK] [CBTC] 15000 @ 0.00012 = 1.8 BTC [+] | [04:44] |
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assbot | [HAVELOCK] [AM1] 7 @ 0.297 = 2.079 BTC [-] | [04:47] |
Vexual | reading popescue is like nos, theres that numbing confusion that might be funny, but you don't know where you're sitting, a fruity dry nose of old wood and nosferatu, and a defined sense of nostradamus lingering on the palette. | [04:49] |
assbot | [MPEX] [S.MPOE] 8334 @ 0.00090338 = 7.5288 BTC [+] | [04:50] |
nubbins` | http://imgur.com/a/qfFCe | [04:52] |
ozbot | imgur: the simple image sharer | [04:52] |
nubbins` | that's the past 24 hours for me | [04:52] |
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Vexual | nice, i really like it just as the first colour even | [04:54] |
nubbins` | nod | [04:55] |
nubbins` | thanks | [04:55] |
nubbins` | super last minute job, almost didn't get it done on time | [04:56] |
nubbins` | i was wrapping up the stack of prints like 25 minutes before the doors opened at the venue :0 | [04:56] |
assbot | [HAVELOCK] [AM1] 1 @ 0.27662001 BTC [-] | [04:57] |
assbot | [HAVELOCK] [AM1] 1 @ 0.27660003 BTC [-] | [04:58] |
assbot | [HAVELOCK] [CBTC] 4590 @ 0.00012 = 0.5508 BTC [+] | [04:58] |
Vexual | so theyre souveneirs mor e than advertising? | [04:58] |
nubbins` | yeah, they're selling them at the show as merch | [05:00] |
nubbins` | way too expensive to post outdoors ;D | [05:00] |
Vexual | hot off the press baby, tres cool | [05:00] |
nubbins` | thanks | [05:01] |
nubbins` | went delirious earlier | [05:02] |
nubbins` | up til 4am printing | [05:02] |
nubbins` | then awake again this morning & nothing to eat but 2 cookies | [05:02] |
nubbins` | until 6pm | [05:02] |
nubbins` | ink fumes | [05:02] |
nubbins` | &c | [05:02] |
gribble | Error: "c" is not a valid command. | [05:02] |
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BingoBoingo | ;;asks 1000 | [05:04] |
gribble | There are currently 12892.122 bitcoins offered at or under 1000.0 USD, worth 10964663.8696 USD in total. | Data vintage: 0.0757 seconds | [05:04] |
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Vexual | https://twitter.com/Omar_Gaza/status/413762734602194944/photo/1 | [05:07] |
ozbot | Twitter / Omar_Gaza: #Gaza: Evacuating an elderly ... | [05:07] |
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assbot | [HAVELOCK] [PETA] 12 @ 0.0475 = 0.57 BTC [-] | [05:19] |
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Vexual | http://www.youtube.com/watch?v=pduLqCiq1YM | [05:33] |
ozbot | Ed Sheeran & Passenger - No Diggity vs. Thrift Shop (Kygo Remix) - YouTube | [05:33] |
KRS|Gotyawallet | hmmm | [05:35] |
KRS|Gotyawallet | this deserves a play | [05:35] |
KRS|Gotyawallet | Vexual: Highly recommended: http://www.youtube.com/watch?v=Q6MPfX1ISC0 | [05:36] |
KRS|Gotyawallet | That bitch is hawt | [05:36] |
Vexual | stones no longer safe on earth | [05:37] |
KRS|Gotyawallet | Vexual this song is great | [05:39] |
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assbot | [HAVELOCK] [CBTC] 1350 @ 0.00012 = 0.162 BTC [+] {2} | [05:40] |
Vexual | bueno | [05:42] |
assbot | [HAVELOCK] [KCIM] 300 @ 0.0028 = 0.84 BTC [-] | [05:43] |
Vexual | http://vimeo.com/30567004 | [05:47] |
ozbot | Maroon 5 - Moves Like Jagger on Vimeo | [05:47] |
Vexual | salut | [05:48] |
assbot | [HAVELOCK] [CBTC] 1000 @ 0.00012 = 0.12 BTC [+] | [05:56] |
KRS|Gotyawallet | Vexual did you like that song Rosana | [05:56] |
KRS|Gotyawallet | video is hilarious | [05:56] |
assbot | [HAVELOCK] [SFI] 150 @ 0.001 = 0.15 BTC | [05:57] |
nubbins` | i can't stop staring at that poster | [05:57] |
nubbins` | so proud ;( | [05:57] |
Vexual | do you do art prints for galleries nubules? | [05:59] |
nubbins` | we've had prints that we've done in galleries | [05:59] |
nubbins` | not our own works though | [05:59] |
Vexual | yes i did like that video krs | [05:59] |
nubbins` | like that poster i linked isn't our design | [06:00] |
nubbins` | we just printed it | [06:00] |
Vexual | so u ink stuff for artists to sell for 100s? | [06:00] |
Vexual | u should hop a train to nyc | [06:01] |
nubbins` | heh | [06:02] |
nubbins` | nah, too busy | [06:02] |
nubbins` | but yes, that's a thing we do | [06:02] |
nubbins` | hundreds is a bit less common | [06:02] |
nubbins` | great way for people to make money tho. sell posters for like 20-30+ each | [06:03] |
Vexual | yeah, looks like decent parchment u got there | [06:03] |
nubbins` | costs maybe 6-10 to print them | [06:03] |
nubbins` | nice cotton rag paper | [06:03] |
Vexual | u make decent nmoney to stay up all night | [06:04] |
nubbins` | acid free | [06:04] |
nubbins` | it's not about what you make, it's about what you spend :D | [06:04] |
Vexual | nod | [06:04] |
assbot | [HAVELOCK] [AM100] 75 @ 0.002836 = 0.2127 BTC [-] | [06:06] |
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Vexual | http://upload.wikimedia.org/wikipedia/commons/c/cc/Oz-31-p1and2.jpg | [06:09] |
Vexual | this is from an old sydney zine | [06:09] |
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nubbins` | siiiick | [06:10] |
nubbins` | that thing on the left | [06:10] |
nubbins` | :o | [06:10] |
Vexual | that issue is floating around pdf style | [06:11] |
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nubbins` | we do a fully silkscreened zine once a year | [06:12] |
nubbins` | too costly to hand print the insides generally | [06:12] |
nubbins` | but it's nice to just hemorrhage money once in a while and produce something that challenges you | [06:13] |
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assbot | [MPEX] [S.MPOE] 3200 @ 0.00090483 = 2.8955 BTC [+] {2} | [06:24] |
assbot | [HAVELOCK] [PETA] 11 @ 0.0487896 = 0.5367 BTC [+] | [06:27] |
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assbot | [HAVELOCK] [CBTC] 1000 @ 0.00012 = 0.12 BTC [+] | [06:35] |
assbot | [HAVELOCK] [HIF] 1340 @ 0.00043287 = 0.58 BTC [-] {8} | [06:35] |
Vexual | http://thoughtcrime.org/blog/telegram-crypto-challenge/ | [06:35] |
ozbot | Moxie Marlinspike >> Blog >> A Crypto Challenge For The Telegram Developers | [06:35] |
assbot | [MPEX] [S.MPOE] 12740 @ 0.00090578 = 11.5396 BTC [+] | [06:43] |
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assbot | [HAVELOCK] [CBTC] 838 @ 0.00012 = 0.1006 BTC [+] | [06:58] |
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mircea_popescu | .d | [06:58] |
ozbot | 908350862.43702 | Next Diff in 198 blocks | Estimated Change: 31.2912% in 0d 22h 36m 44s | [06:58] |
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mircea_popescu | 30% o.o | [06:58] |
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mircea_popescu | i have no idea who "owen gunden" is and even less of an idea why he thinks he's in a position to play the expert in this space. | [06:59] |
mircea_popescu | KRS|Gotyawallet ^ | [07:00] |
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KRS|Gotyawallet | ya | [07:00] |
KRS|Gotyawallet | right | [07:00] |
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KRS|Gotyawallet | figured you'd find that interesting so i shared | [07:01] |
Vexual | gay hat | [07:01] |
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Vexual | came on the front of a magazine just like red hat | [07:02] |
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Vexual | marie claire? whoops, i wanted android developer | [07:03] |
mircea_popescu | dork parade. | [07:03] |
mircea_popescu | but anyways. | [07:03] |
Vexual | trotsky wore a nice hat ya? | [07:04] |
assbot | [MPEX] [S.MPOE] 4000 @ 0.00090578 = 3.6231 BTC [+] | [07:05] |
assbot | [HAVELOCK] [HIF] 233 @ 0.00045 = 0.1049 BTC [+] | [07:05] |
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Vexual | that shit prevents brain injury | [07:08] |
Duffer1 | nice hats? | [07:09] |
assbot | [HAVELOCK] [SFI] 5000 @ 0.001 = 5 BTC | [07:09] |
Vexual | my alologies | [07:09] |
mircea_popescu | kinda lulzy anyway. | [07:10] |
Vexual | tis the season | [07:10] |
mircea_popescu | "let | [07:12] |
mircea_popescu | s pretend there doesn;t exist a $1bn+ player around and our 5mn start-up could matter" | [07:12] |
mircea_popescu | nice season. | [07:12] |
Vexual | http://www.youtube.com/watch?v=ka4ZPBLz9NI | [07:12] |
ozbot | Bunny Wailer - Bald Head Jesus - YouTube | [07:12] |
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kakobrekla | imgur.com/Wppk2o2 | [07:20] |
kakobrekla | http://imgur.com/Wppk2o2 | [07:20] |
ozbot | a basic primer on economics (for new users) - Imgur | [07:20] |
KRS|Gotyawallet | Player indeed | [07:20] |
Vexual | hows pankakkes economics lesson going? | [07:20] |
KRS|Gotyawallet | we've all seen those startups with fancy logos and names you've never heard of before..in almost any industry or service offering | [07:21] |
KRS|Gotyawallet | some almost seemed like a packaged deal you can buy online | [07:21] |
KRS|Gotyawallet | real tight and lulzy | [07:21] |
KRS|Gotyawallet | http://www.youtube.com/watch?v=YJVmu6yttiw | [07:21] |
ozbot | SKRILLEX - Bangarang feat. Sirah [Official Music Video] - YouTube | [07:21] |
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KRS|Gotyawallet | IPO in a box | [07:27] |
KRS|Gotyawallet | Just name your board and officers allow 4-6 weeks for delivery. Attorneys fees, filing and taxes extra. | [07:27] |
KRS|Gotyawallet | 'Shells R Us' | [07:28] |
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Vexual | http://www.youtube.com/watch?v=2XiYUYcpsT4 | [07:29] |
ozbot | Bob Marley - I Shot The Sheriff - YouTube | [07:29] |
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Vexual | http://www.youtube.com/watch?v=i1mo75mKFJ0 | [07:37] |
mircea_popescu | one of these days some us kid is going to pay attention in school, and thus hear about this "flying with machines heavier than air" new idea | [07:37] |
ozbot | DJ Algoriddim: King Pharoahs Plague (Yabby U, Vivian Jackson, Tommy McCook, King Tubby) - YouTube | [07:37] |
mircea_popescu | and before you know it there's going to be a bloweing start-up in virginia, which is going to maybe one day have airplane flights among cities! | [07:38] |
mircea_popescu | like you know, a regular thing! creativity! revolution! | [07:38] |
Vexual | theres a great ultralight crash on liveleak | [07:38] |
assbot | [HAVELOCK] [AM100] 679 @ 0.002836 = 1.9256 BTC [-] | [07:39] |
Vexual | gotta start somewhere | [07:39] |
Vexual | land, stroke beard, kick thing with adrenalin | [07:39] |
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asciilifeform | mircea_popescu: the startup of steam! will have to come first. | [07:40] |
mircea_popescu | nah, there's no multi billion dollar steam company already in business | [07:40] |
asciilifeform | (as described here - http://www.loper-os.org/?p=388) | [07:40] |
mircea_popescu | thus therefore it's not a hot subject. | [07:40] |
mircea_popescu | notice how kids play about being cavalry officers on their wooden horse cca 1800 | [07:41] |
mircea_popescu | but not 2000 ? | [07:41] |
mircea_popescu | now they're tank commanders. | [07:41] |
asciilifeform | i did both... | [07:41] |
mircea_popescu | i never did the tank thing. | [07:41] |
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Vexual | http://www.youtube.com/watch?v=3lOnYL1uSuc | [07:45] |
ozbot | Machete Kills TV SPOT - President Carlos (2013) - Charlie Sheen Movie HD - YouTube | [07:45] |
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Vexual | http://www.youtube.com/watch?v=w8KDW80qLXs | [07:55] |
ozbot | Johnny Vegas - The Late Late Show | Behind The Scenes - YouTube | [07:55] |
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Vexual | why is there an mpex logo on that stones track>? | [08:09] |
Vexual | illuminati/? | [08:09] |
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Vexual | http://www.youtube.com/watch?v=fkMg_X9lHMc | [08:13] |
ozbot | Marteria - Kids (2 Finger an den Kopf) [Offizielles Video] - YouTube | [08:13] |
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Vexual | hey smidge, im getting thirsty | [08:17] |
Vexual | please don't forget about me | [08:18] |
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assbot | [HAVELOCK] [CBTC] 1530 @ 0.00012 = 0.1836 BTC [+] | [08:21] |
assbot | [HAVELOCK] [KCIM] 172 @ 0.00299336 = 0.5149 BTC [+] {5} | [08:23] |
Vexual | you sure get all english as a second language when you don't like the content smidge | [08:24] |
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Vexual | you be 3 million euro in the hole, and all i get is distain | [08:28] |
truffles | ure super broke vexual? | [08:30] |
Vexual | sure | [08:31] |
Vexual | http://www.youtube.com/watch?v=UH1Rs6LSvBs | [08:32] |
ozbot | transvision vamp - i want your love - YouTube | [08:32] |
truffles | i can loan u 6 bux to get u back on ur feat | [08:32] |
Vexual | thanks brah | [08:32] |
truffles | no prob | [08:33] |
truffles | u can turn it into 600 in no time | [08:33] |
Vexual | in a week | [08:33] |
assbot | [HAVELOCK] [HMF] 7 @ 0.0227 = 0.1589 BTC [+] | [08:33] |
assbot | [HAVELOCK] [HMF] 12 @ 0.02215833 = 0.2659 BTC [-] {3} | [08:34] |
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truffles | i believe she wants that love | [08:35] |
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Vexual | ironicly im sure that song gets a cheque | [08:36] |
truff1es | hehe | [08:36] |
Vexual | http://www.youtube.com/watch?v=i0A3-wc0rpw more cool hatz | [08:37] |
ozbot | Pharrell Williams - Happy (12AM) - YouTube | [08:37] |
assbot | [HAVELOCK] [PETA] 9 @ 0.0487896 = 0.4391 BTC [+] | [08:38] |
truff1es | my fav pharrell song is | [08:39] |
truff1es | cant remember the name | [08:41] |
Vexual | youre shit in so many ways truffles | [08:41] |
truff1es | :8 | [08:41] |
truff1es | why u say that | [08:41] |
Vexual | well its self evident to me | [08:42] |
truff1es | u want hurt my feelings is that it | [08:42] |
Vexual | my apologies | [08:42] |
truff1es | ure sorry now? pfff | [08:43] |
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Vexual | whoa, are u esl too? | [08:43] |
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truff1es | esl ? | [08:44] |
truff1es | :D | [08:44] |
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Vexual | u play mostor hunter truffles? | [08:52] |
truff1es | no? | [08:53] |
Vexual | oh | [08:53] |
KRS|Gotyawallet | anyone see this article | [08:54] |
KRS|Gotyawallet | http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12 | [08:54] |
ozbot | The Bitcoin Meltdown Has Begun - Business Insider | [08:54] |
KRS|Gotyawallet | THIS is why we need to move our assets to dogecoin. | [08:56] |
Vexual | some of the new new sers will get it in a year | [08:57] |
BingoBoingo | KRS|Gotyawallet: That article basically reads as 'Murica can't bitcoin so I hate Bitcoin | [08:58] |
Vexual | murica bitcoins hard | [08:58] |
mircea_popescu | lol meltdown my foot. | [08:59] |
BingoBoingo | KRS|Gotyawallet: And nevar forget that 'Murica isn't even 'Murican enough for Duck Dynasty | [08:59] |
KRS|Gotyawallet | None of those comments address these concerns. | [08:59] |
mircea_popescu | someone should save all this retardedness so we can mock "mainstream" media later on. | [08:59] |
KRS|Gotyawallet | http://www.youtube.com/watch?v=wIqtApWRtEM | [08:59] |
ozbot | Public Enemy No. 1 - Public Enemy - YouTube | [08:59] |
truff1es | monster hunter looks like role playing vexual | [08:59] |
KRS|Gotyawallet | Those seem like valid concerns. These comments are simply just ignoring the issues. | [09:00] |
mircea_popescu | what valid concern specifically ? | [09:00] |
KRS|Gotyawallet | Anyone have a good rebuttal for any of the concerns illustrated in the article? | [09:00] |
mircea_popescu | ... | [09:00] |
KRS|Gotyawallet | I shall pick one. | [09:00] |
mircea_popescu | go ahead | [09:01] |
KRS|Gotyawallet | im not debating or questioning anyone's expertise here. I'm curious because these seem pretty legit. | [09:01] |
KRS|Gotyawallet | ok so the comment about inflation can be dismissed- | [09:02] |
Vexual | .... | [09:02] |
mircea_popescu | well so which are the concerns ? | [09:02] |
mircea_popescu | http://trilema.com/2012/the-problem-of-too-much-money/ << the cannonical "inflation concern" rebuttal. | [09:03] |
ozbot | The problem of too much money pe Trilema - Un blog de Mircea Popescu. | [09:03] |
KRS|Gotyawallet | Bitcoin has not taken off as a transactional currency and is further undermined by the fact that the majority of Bitcoin owners hoard e-coins. The more hoarded the less available to buy goods and services and spur economic growth. | [09:03] |
KRS|Gotyawallet | Read more: http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12#ixzz2nzpQ4sy0 | [09:03] |
mircea_popescu | "transactional currency" is a meaningless string created to give the appearance of depth to a nonsense piece of posturing. | [09:03] |
KRS|Gotyawallet | That seems pretty valid. | [09:03] |
KRS|Gotyawallet | However, much of the supply is in the hands of a few. | [09:04] |
mircea_popescu | bitcoin is and was a store of value. this is trilema 2012, | [09:04] |
Vexual | he sung that ax withought a breath | [09:04] |
mircea_popescu | and in general these "professors" and "experts" would do a lot better reading more and talking less. | [09:04] |
KRS|Gotyawallet | so supply isn't a problem.. | [09:04] |
mircea_popescu | gold is not "a transactional currency" either. | [09:05] |
mircea_popescu | who cares and why is it a topic ? | [09:05] |
truff1es | lol! | [09:05] |
Vexual | satoshi was very wizard | [09:05] |
assbot | [HAVELOCK] [PETA] 15 @ 0.0487896 = 0.7318 BTC [+] | [09:05] |
BingoBoingo | I think I said this yesterday, but even the hardest core bitcoiners will still burn fiat for toothpaste instead of BTC | [09:05] |
BingoBoingo | BTC isn't consumer stuff | [09:05] |
mircea_popescu | BingoBoingo of course. grisham's law. | [09:06] |
mircea_popescu | bad money driving the good into the storwe of value function | [09:06] |
mircea_popescu | basically "btc is not a transactional currency" is a fancy way of saying "the usd is shit, so everyone'd rather spend that" | [09:06] |
Vexual | and your avergae bc user prolly has a better about whats going on that your average dollar user | [09:07] |
truff1es | http://www.youtube.com/watch?v=ObJEYeqXPhg | [09:07] |
ozbot | Amaranthe - It's All About Me (Rain) [ALBUM QUALITY] with lyrics - YouTube | [09:07] |
Vexual | a dumb statistic, but worth noting | [09:07] |
KRS|Gotyawallet | You know what, I analyzed this article but i actually applied critical thinking this time..initially, I didn't. It really is a bunch of bullshit. None of the points were backed by good examples. | [09:08] |
Vexual | if you want to really dumb it down, look at early adopters and the skillset and motivation | [09:08] |
KRS|Gotyawallet | I actually can't cite anything else from the article. | [09:08] |
KRS|Gotyawallet | It really is propaganda. | [09:08] |
mircea_popescu | yw. | [09:08] |
Vexual | thats why hes only worked there for 3 weeks | [09:08] |
KRS|Gotyawallet | i had to read it 3 times. | [09:08] |
KRS|Gotyawallet | its like..i read these rags, but my emotions get tied up because i have an investment in it..and admittedly i let it get the best of me. | [09:09] |
BingoBoingo | KRS|Gotyawallet: Welcome to Business Insider, the Buzzfeed of financial reporting | [09:09] |
mircea_popescu | yup. | [09:09] |
mircea_popescu | it's how they're designed to work. | [09:09] |
KRS|Gotyawallet | Critical thinking is hard to weild when your emotions are part of the equation. | [09:09] |
Vexual | elvis said you can ignore space and time, don't mean you have to | [09:09] |
BingoBoingo | KRS|Gotyawallet: Use vodka to blunt the emotions. What could go wrong? | [09:10] |
KRS|Gotyawallet | wow, thanks guys i actually feel enlightened. | [09:10] |
KRS|Gotyawallet | i've tried to tear this thing apart..i can't. | [09:10] |
assbot | [MPEX] [S.MPOE] 14250 @ 0.00090421 = 12.885 BTC [-] | [09:10] |
truff1es | u care too much KRS, go drink it off ldo | [09:10] |
Vexual | what type of investment do you think you have krs? | [09:11] |
KRS|Gotyawallet | all else aside, i think we all have the investment of time. and that in itself is most valuable. (C) 2013. | [09:11] |
KRS|Gotyawallet | lol ya my drinking days were left behind in college..wouldn't mind sparking up some fine herb though..pass the j | [09:12] |
Vexual | http://www.youtube.com/watch?v=qgWUnuB6quc | [09:14] |
ozbot | Bob Marley Small Axe - YouTube | [09:14] |
KRS|Gotyawallet | BingoBoingo: Business Insider a well known rag? | [09:15] |
Vexual | kinda | [09:15] |
Vexual | and thusly not ashamed to throw some muppet under a bus | [09:15] |
KRS|Gotyawallet | guilty | [09:15] |
BingoBoingo | KRS|Gotyawallet: Business Insider is actually rather new. They made the decision to be glossy toilet paper from the start though. | [09:15] |
KRS|Gotyawallet | hehe | [09:16] |
KRS|Gotyawallet | now i know | [09:16] |
KRS|Gotyawallet | kind of disappointed in myself for not using critical thinking | [09:16] |
assbot | [HAVELOCK] [AM100] 48 @ 0.00283 = 0.1358 BTC [-] | [09:16] |
KRS|Gotyawallet | gotta work on that | [09:16] |
BingoBoingo | KRS|Gotyawallet: It is like upworthy or any other non-content enterprise. Business Insider sells titles to get links. | [09:16] |
assbot | [HAVELOCK] [CBTC] 8835 @ 0.00012 = 1.0602 BTC [+] | [09:17] |
KRS|Gotyawallet | shame..curious, what would be a good publication? i like to read the marketplace in wsj | [09:18] |
Vexual | i buy fortune if i want to look flashy on the plane | [09:18] |
mircea_popescu | theuy all kinda went to shit | [09:18] |
Vexual | the format covers a penthouse | [09:18] |
KRS|Gotyawallet | npr has a business section, i know its radio but everything is available on the website | [09:19] |
truff1es | washington journal got bought by whatshisface | [09:19] |
Vexual | people still read time | [09:19] |
BingoBoingo | KRS|Gotyawallet: For Bitcoin to the best of my knowledge reputable sources consist of Trilema, The Genesis Block, and thedrinkingrecord.com | [09:20] |
KRS|Gotyawallet | BingoBoingo thanks I'll check those out. | [09:20] |
Vexual | i read afr in black and white sometimes, but i need a big pinch of salt, some dos guanos and a lime | [09:22] |
KRS|Gotyawallet | afr? | [09:22] |
assbot | [MPEX] [S.MPOE] 13452 @ 0.0009018 = 12.131 BTC [-] {3} | [09:23] |
KRS|Gotyawallet | honestly..there's nothing like a brand new PENTHOUSE | [09:23] |
Vexual | aussie financial rag | [09:23] |
KRS|Gotyawallet | ah | [09:23] |
Vexual | why do they put penthouse in airports? | [09:23] |
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KRS|Gotyawallet | Hahaaha | [09:23] |
KRS|Gotyawallet | remember CLUB, HUSTLER | [09:23] |
KRS|Gotyawallet | my favs | [09:23] |
KRS|Gotyawallet | http://ecx.images-amazon.com/images/I/51n-Xua%2BY0L._SL500_AA300_.jpg | [09:25] |
Vexual | yeah, we get it | [09:25] |
KRS|Gotyawallet | sorry didnt mean to make you uncomfortable there vexual | [09:28] |
Vexual | http://www.youtube.com/watch?v=PGYAAsHT4QE | [09:28] |
ozbot | Bob Marley Three little birds (Original) - YouTube | [09:28] |
Vexual | fuck no, i hop on the plane open that shit and let murphys law sit a tight little hottie next to me | [09:29] |
BingoBoingo | KRS|Gotyawallet: Some people want to be in the mile high club, but the only willing partner they care to find is their hand | [09:29] |
Vexual | toast lands butter down so i vegemite the floor | [09:29] |
KRS|Gotyawallet | haha | [09:29] |
Vexual | no problemas | [09:30] |
Vexual | http://www.youtube.com/watch?v=Q6MPfX1ISC0 | [09:32] |
ozbot | Wax Rosana Official Music Video - YouTube | [09:32] |
Vexual | dos guanos gringo | [09:34] |
Vexual | stones no longer safe on earth | [09:35] |
Vexual | olo | [09:35] |
assbot | [MPEX] [S.MPOE] 8300 @ 0.00090169 = 7.484 BTC [-] | [09:37] |
Vexual | let me run it thru orb | [09:37] |
Vexual | nothing | [09:40] |
Vexual | smarthouse my arse | [09:42] |
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Vexual | yes i have an autistic computer | [09:45] |
Vexual | invented before the internet | [09:46] |
Vexual | fuck you google labs | [09:47] |
BingoBoingo | Vexual: I am impressed. I merely have pre-web computers. Nothing pre Internet though | [09:47] |
Vexual | wait, when did the internet start? | [09:49] |
mircea_popescu | 1960s | [09:50] |
Vexual | in any case i chucked that first machine learning package whos name i forget out 20 yearsa ago | [09:50] |
assbot | [MPEX] [S.MPOE] 13194 @ 0.00089985 = 11.8726 BTC [-] {2} | [09:51] |
* | ThickAsThieves has quit (Ping timeout: 240 seconds) | [09:51] |
BingoBoingo | 1969 or 1981 depending on which networks whould be counted as Internet proper and not that Goofy intelligence leak the Air Force ran | [09:51] |
* | ThickAsThieves (~ThickAsTh@c-98-231-58-41.hsd1.fl.comcast.net) has joined #bitcoin-assets | [09:51] |
Vexual | was ip just a joke for plebs? | [09:52] |
Vexual | they dont use ip on subs | [09:52] |
BingoBoingo | Vexual: Subs have IP | [09:52] |
Vexual | yeah? | [09:52] |
Vexual | just more wires? | [09:53] |
Vexual | were talking internet protocol here right? | [09:53] |
BingoBoingo | I'm inclined to take 1981 as the birth of the capital "I" internet though the technologies have been brewing longer. It is when shit went public. | [09:53] |
bounce | usenet. | [09:54] |
BingoBoingo | Vexual, between my Vodka and your bathsalts it is hard to tell what is being discussed | [09:54] |
Vexual | lol | [09:54] |
Vexual | i appreciate the macfee | [09:54] |
Vexual | ip is excellent for the world | [09:55] |
BingoBoingo | Vexual: Scheier and other government agents are dangers to freedom, but so are people tripping balls 24/7 like McAfee | [09:56] |
Vexual | yeah well at least hes in control of his own shit | [09:57] |
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Vexual | gaza would look a lot different without the mossy e | [09:58] |
Vexual | v& | [09:58] |
Vexual | http://www.youtube.com/watch?v=pduLqCiq1YM | [10:02] |
ozbot | Ed Sheeran & Passenger - No Diggity vs. Thrift Shop (Kygo Remix) - YouTube | [10:02] |
assbot | [HAVELOCK] [NEOBEE] 476 @ 0.00282544 = 1.3449 BTC [-] {12} | [10:02] |
Vexual | whats better than a double edged sword? | [10:02] |
Vexual | ask mcafee hess say a double barrelled shotgun | [10:06] |
Vexual | ask the isralei girl who just turned 22 | [10:07] |
Vexual | she dont want no close quarters comabat | [10:08] |
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Vexual | she will say 2 tickets to goa | [10:08] |
Vexual | the american homeboy in prison might say 2 months in the hole | [10:10] |
BingoBoingo | Vexual? What if you need to cause injury to three people though? | [10:10] |
Vexual | well if you're asking mossad, theyll say a tripple shot fucking long range missile with a 509 metre kill radius | [10:11] |
Vexual | that shit doesnt need a camera, good intel, set, forget | [10:14] |
Vexual | id say a triple edged sword | [10:17] |
assbot | [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC | [10:17] |
Vexual | and ballet lessons | [10:21] |
Vexual | http://www.youtube.com/watch?v=Flle3hJm2yk | [10:26] |
ozbot | Peter Chung - Loaded Promo - YouTube | [10:26] |
Vexual | http://www.youtube.com/watch?v=8ih1SHVkq94 | [10:26] |
ozbot | Umami - Sunny - YouTube | [10:26] |
Vexual | ill dumb it down so more vodka makes it clearer | [10:32] |
Vexual | self relieance and freedom are the themes | [10:32] |
Vexual | both of which arent true | [10:32] |
Vexual | but the trader has both | [10:33] |
Vexual | and they are inalaible | [10:33] |
Vexual | futhermore, in the words of australias great irish hero: | [10:34] |
Vexual | such is life | [10:34] |
* | [\] has quit (Read error: Connection reset by peer) | [10:34] |
* | Now talking on #bitcoin-assets | [19:44] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading | [19:44] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Nov 27 22:34:53 2013 | [19:44] |
mircea_popescu | so today i learned that while in romania you pay 350 euros a month to rent a property worth 70k, in the us you miostly pay 700 dollars a month to rent a property worth 30k | [19:46] |
mircea_popescu | you people are getting gypped over there big time. | [19:46] |
Duffer1 | we know :( | [19:46] |
mircea_popescu | but i mean... 4.5x ? come on. it's real estate not nuclear physics. | [19:47] |
mircea_popescu | 10, 15, 17% more i can see. 450% ?! | [19:47] |
pankkake | I doubt prices are the same in the whole US | [19:47] |
Duffer1 | there are too many reasons that compound the issue | [19:47] |
pankkake | if you want to laugh, come to Paris | [19:47] |
mike_c | i've been renting for 15 years and have not found that to be true. | [19:47] |
mircea_popescu | pankkake this was spurred by a guy's data re central ohio. meanwhile i had intel check it out | [19:47] |
mircea_popescu | it is eerilie universal to the us, yes. | [19:47] |
mircea_popescu | just property values vary. | [19:48] |
assbot | [HAVELOCK] [SFI] 4880 @ 0.001 = 4.88 BTC {2} | [19:48] |
mircea_popescu | mike_c california and ny stand out as exceptions | [19:48] |
Duffer1 | far higher than normal right? | [19:48] |
Duffer1 | "normal" | [19:48] |
mike_c | well, if it is true in the midwest, it is likely related to the fact that nobody can get a mortgage anymore in the us. | [19:48] |
assbot | [HAVELOCK] [SFI] 30000 @ 0.001 = 30 BTC | [19:49] |
mircea_popescu | Duffer1 exaggerate to hell property values, which make rents a smaller proportion but also exaggerated to all hell. | [19:49] |
mircea_popescu | hardly a "fix" | [19:49] |
mircea_popescu | mike_c no, it's really the baseline that's hidden from you because in california rents are what, 1300 minimum | [19:49] |
mircea_popescu | so that scrunches up the curve. | [19:49] |
mike_c | hah. 1300 would be awesome. i paid 2100 in CA. | [19:50] |
mircea_popescu | you're still being taxed 50k for the priviledge of existing, it just shows up less in the %s | [19:50] |
mircea_popescu | mike_c minimum, ya know ? | [19:50] |
pankkake | is housing out of official inflation statistics? | [19:50] |
mircea_popescu | pankkake obviously. | [19:50] |
mike_c | whatever is inflating is removed from the inflation statistics. | [19:51] |
Duffer1 | hehe | [19:51] |
peterL | yeah, housing and food are not included in CPI calculations, IIRC | [19:51] |
mircea_popescu | i had not previously realised the us is on such a weak footing, tbh. i mean i had a general notion, but i never cared enough to examine the real estate situation. | [19:51] |
pankkake | food isn't either? lol | [19:51] |
mircea_popescu | not to mention you idiots - as there's no better name - still don't use torrens. | [19:51] |
mircea_popescu | what in the actual fuck, is it 1785 in the us ? | [19:52] |
Duffer1 | torrents? | [19:52] |
mircea_popescu | jesus. | [19:52] |
pankkake | that's the two things that indeed have inflated big time in the last years | [19:52] |
mircea_popescu | Duffer1 torrens is a title registration system | [19:52] |
peterL | what's torrens? | [19:52] |
mircea_popescu | which makes it quite feasible for me to buy up real estate personally | [19:52] |
Duffer1 | never heard of it | [19:52] |
mircea_popescu | rather than having to hire some "experts" | [19:52] |
mircea_popescu | to fucking fleece me. | [19:52] |
mike_c | please. having to hire a lawyer, real estate agent, title company, escrow agent, etc, etc. is totally reasonable! | [19:53] |
mircea_popescu | totally. | [19:53] |
peterL | MP, I currently rent a house for about twice it would take to buy it with a mortgage, but because of my credit I cannot get a morgage to buy a house. | [19:53] |
mircea_popescu | i never used ANYONE. not a real estate agent, title company or escrow. ever. | [19:53] |
Duffer1 | wouldn't matter even if we did use such a system, housing as you pointed out is is obscenely expensive | [19:53] |
mircea_popescu | all i used was a half hour of notary public time, cost me ~35 | [19:53] |
Duffer1 | add to that the 35year olds and under have less than zero wealth | [19:54] |
mircea_popescu | Duffer1 it's only obscenely expensive BECAUSE of such restrictions | [19:54] |
mircea_popescu | peterL yeah well, how much you paying and what's it worth ? | [19:54] |
Duffer1 | those agents take their fees on top of list price | [19:55] |
mircea_popescu | i never hired one. | [19:55] |
Duffer1 | remove them and list price is still the same | [19:55] |
peterL | I have not estimated exactly what a mortgage would cost for a while, but it is $1000 rent, house is maybe $90000 | [19:55] |
mircea_popescu | think, millionaire in the 3rd world, never used as much as a real estate agent. | [19:55] |
mircea_popescu | peterL you're not getting gypped quite as bad as the average. | [19:56] |
mircea_popescu | which, incidentally, is one of the deep causes of us real estate bubbles, i am coming to realise. | [19:56] |
assbot | [HAVELOCK] [VTX] 4 @ 0.0601 = 0.2404 BTC [-] | [19:56] |
mircea_popescu | it's not loose money policies that cause those, and loose money policies don't cause them in the eu. | [19:56] |
mircea_popescu | it's the ingrained notion learned through experience by all us inhabitants that the more you pay the less you're gouged | [19:56] |
peterL | My previous house sold for about $30000 and is renting for $900 a month | [19:56] |
mircea_popescu | which is wrong, but they look at the percents. | [19:56] |
mircea_popescu | on top of that, loose money bubbles the real estate. because they'd rather be the guy paying 1k for a 90k property | [19:57] |
mircea_popescu | than the guy paying 700 for the 30k property. | [19:57] |
mircea_popescu | obviously it's easier to inflate than to improve. | [19:57] |
mircea_popescu | peterL EXACTLY. | [19:57] |
mircea_popescu | quite frankly, i can not see how anyone'd put up with this arrangement. | [19:59] |
peterL | let me guess, you were investigating "rentalStarter"? | [19:59] |
mircea_popescu | peterL it started there. | [19:59] |
mircea_popescu | why, you know something i don't ? | [19:59] |
peterL | care to share your thoughts on the business? | [19:59] |
Duffer1 | land owners charge what they can, citizens with zero savings pay what they have to | [19:59] |
Duffer1 | rent goes up | [20:00] |
mircea_popescu | the judgement of the business pivots on the judgement of the guy, as it's tghat small. he seems clever and dilligent but how do you ever know. | [20:00] |
peterL | he should have listed on MPEX instead of BitFunder? | [20:01] |
* | bitesak has quit (Quit: Leaving) | [20:01] |
mike_c | it's turning btc into housing. i don't see how that will work out. | [20:01] |
mike_c | it is a btc divestment. | [20:01] |
mircea_popescu | mike_c well, it's going long fiat. there are situations where one'd want that. | [20:01] |
mircea_popescu | take the x.eur, roughly same on that score. | [20:01] |
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mircea_popescu | you obviously wouldn't think of buying the thing otherwise than "buying an us future with a built in interest rate" | [20:02] |
pankkake | it allows small real estate investments, where they are usually quite complicated (and taxed) | [20:02] |
pankkake | and tradeable | [20:02] |
mircea_popescu | pankkake that's the only reason this may make sense, the guy seems to know the situation on the ground | [20:02] |
peterL | If you expect bitcoin to stabilize, then it could be a good way to invest in real estate. | [20:03] |
mircea_popescu | or it could be a good way to run from btc if you consider it drops. | [20:03] |
pankkake | I'm already invested in real estate, and I feel like I'm sitting on a bubble :D | [20:03] |
mircea_popescu | just, not the usual "it's been 5 days, any updates ?" sort of "investing" | [20:03] |
mircea_popescu | this requires more long term thinking. | [20:04] |
peterL | OK, who wants to help me buy a house and I will pay rent in bitcoins? | [20:04] |
mircea_popescu | pankkake unless there's a war, $30k detached housing in ohio CAN NOT be a bubble. | [20:04] |
mircea_popescu | my mind farts when i consider this | [20:04] |
mircea_popescu | a car costs more for fuck's sake. | [20:04] |
pankkake | I'm not confortable investing in real estate where I don't know the market, too | [20:04] |
mike_c | it will also never be worth much more. | [20:04] |
mike_c | so, income stream, ok. good luck outpacing btc appreciation. | [20:05] |
pankkake | but would you put 100% of your savings in bitcoin? | [20:05] |
assbot | [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC | [20:05] |
mircea_popescu | possibly not. who's to know ? | [20:05] |
peterL | You want to see how low it can go, Detroit is not far from Ohio | [20:05] |
mircea_popescu | peterL afaik ohio does not have the monoindustry problem | [20:05] |
mike_c | hah. good point. they will pay you to take housing in detroit. | [20:05] |
mircea_popescu | but obviously, before buying in one'd have to very seriously consider awhole host of things. | [20:05] |
mircea_popescu | which is what investing is. | [20:06] |
mircea_popescu | mike_c you know, california is going detroit before ohio is. | [20:06] |
mike_c | yes. you have to start higher to crash that low. | [20:06] |
mircea_popescu | ohio has flyover zone immunity. california has nothing, hollywood's dead and sillicon valley is losing it. | [20:06] |
mircea_popescu | all it can come up with these days is a very thin sliver at the very top and a very wide base of ycombinator retards. | [20:07] |
mike_c | and ycombinator is the thin silver on top of the 1000 yc copycats. | [20:07] |
pankkake | it's the 2000s all over again | [20:08] |
peterL | At least California has better weather than Ohio or Detroit | [20:08] |
mircea_popescu | mike_c and they got nothing, all they have is css devels. | [20:08] |
Duffer1 | googling "torrens" in the u.s. gives nude photo results >.< | [20:09] |
mircea_popescu | they're gonna revolutionize the way people do rounded corners. | [20:09] |
pankkake | california has sluts / porn right? | [20:09] |
peterL | MPEX say "CSS? What's that?" | [20:09] |
pankkake | but it's mobile-first responsive css! | [20:09] |
mike_c | that bubble has already started popping though. the "series A crunch" is the term for the million crappy startups that are dying. | [20:09] |
mircea_popescu | ;;google torrens title | [20:10] |
gribble | Torrens title - Wikipedia, the free encyclopedia: |
[20:10] |
mircea_popescu | mike_c ikr | [20:10] |
assbot | [HAVELOCK] [SFI] 7000 @ 0.001 = 7 BTC | [20:10] |
Duffer1 | https://www.google.com/search?q=torrens&tbm=isch&tbo=u&source=univ&sa=X&ei=qIe0UrHLOMTmoATk4oHQBQ&ved=0CD0QsAQ&biw=1011&bih=657 | [20:10] |
Duffer1 | nsfw | [20:10] |
pankkake | at my ex-ex job I really wondered how all our stupid clients got their funding | [20:10] |
pankkake | they all basically wanted to be the facebook-twitter of SOMETHING | [20:10] |
pankkake | they had the most overcssed websites | [20:11] |
pankkake | webpages that would belong in a magazine, not a browser | [20:11] |
mircea_popescu | pankkake "useless stupid unwanted money that nobody knows what to do with" | [20:11] |
pankkake | and no business plan obviously | [20:11] |
mircea_popescu | to quote the sitll living classics. | [20:11] |
pankkake | would be better invested in hookers and blow | [20:12] |
Duffer1 | or a one way plane ticket | [20:13] |
the20year | I don't understand it either pankkake | [20:13] |
the20year | They all want to rehash the same exact stuff, and yet they somehow get millions of dollars of funding | [20:14] |
the20year | When I have a valid idea, one that's already profitable, and i'm having so much time | [20:14] |
pankkake | I guess simple yet profitable ideas are not appealing to bored old men with too much money | [20:14] |
the20year | Problem in Ohio is no one wants to develop rental property since it's a get rich slow scheme. Real estate development can return several milion dollars in just a 9 month development phase | [20:15] |
the20year | Michigan doesn't have a monoindustry problem , Detroit has one though | [20:17] |
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nubbins` | hi | [20:17] |
mircea_popescu | the20year is what i meant. | [20:17] |
mircea_popescu | i don't imagine they were talking michigan when saying detroit. | [20:18] |
the20year | Real estate can be very, very localized when talking about problems. I could give you a dozen markets in Michigan I'd love to be in | [20:18] |
peterL | mircea_popescue: would MPEx list something like RentalStarter, or is that too removed from bitcoin investing? | [20:18] |
pankkake | I hope what I did with my appartment - making it not look like moldy ass - will get it some price boost | [20:18] |
the20year | and a dozen here in Ohio I don't want to touch with a 10 foot pole | [20:18] |
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mircea_popescu | peterL it might, depending. contrary to what forum muppets think mpex is quite open | [20:18] |
mircea_popescu | if you got a business and a plan you got a shot. | [20:19] |
peterL | oops, mircea_popescu, sorry, I always want to put an e on the end of your name :( | [20:19] |
nubbins` | ah, the joys of home ownership | [20:19] |
pankkake | eheh. I hope one day I'll be worthy of MPEx | [20:19] |
nubbins` | i just spent $275 on a new circulating valve for our tenant's furnace | [20:19] |
pankkake | first step would be get my hand out of my ass | [20:19] |
the20year | I can buy a new furnace for $550 :D | [20:19] |
assbot | [MPEX] [S.MPOE] 5500 @ 0.00090673 = 4.987 BTC [-] {2} | [20:20] |
the20year | The one thign that helps us out on the upkeep is that we go through the house on purchase and essentially rebuild the whole thing | [20:20] |
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nubbins` | yeah | [20:24] |
nubbins` | often gutting is the best option long-term | [20:24] |
nubbins` | this pump that failed was an old pump that they re-used when the new furnace was put in | [20:25] |
the20year | We don't completely gut , but anything that's close to its end of effective lifespan gets replaced | [20:25] |
nubbins` | lasted all of 3 years | [20:25] |
the20year | how old is hte furnace? | [20:25] |
nubbins` | yeah | [20:25] |
nubbins` | the furnace itself is maybe 4 years old | [20:25] |
the20year | Oh wow | [20:25] |
nubbins` | yeah | [20:25] |
the20year | one option that I considered, but it just didn't work out for us was to buy a home warranty | [20:25] |
nubbins` | just too costly to upgrade to electric heat | [20:25] |
the20year | are you on gas? | [20:26] |
nubbins` | oil | [20:26] |
the20year | Ah, oil is by far the worst of the worst | [20:26] |
the20year | highest efficientcy is 80% on a furnace, most are 60%-70% | [20:26] |
nubbins` | nod. this one is actually a hot water circulating furnace | [20:27] |
mircea_popescu | Real estate development can return several milion dollars in just a 9 month development phase << i know a guy that blew up a fortune trying and failing at that. | [20:27] |
nubbins` | more of an ebb-and-flow than an instant-heat sort of system | [20:27] |
mircea_popescu | it's a fucking movie script of a story | [20:27] |
the20year | i'm not too familiar with all the types of oil ones | [20:27] |
the20year | mircea_popescu: plenty fail | [20:27] |
the20year | The saying when I got into real estate was "Make money in wheelbarrow fulls, loose money in dumptruckfulls" | [20:28] |
nubbins` | the20year: basically it's a standard oil furnace, but instead of heating air and pumping it through vents, it heats a large water reservoir that is then circulated throughout the house to radiators | [20:28] |
mircea_popescu | and the us does niot have an inflation problem | [20:28] |
the20year | Even worse | [20:28] |
the20year | I've seen one radiant water heater manage to destroy about $15,000 worth of flooring | [20:28] |
mircea_popescu | nubbins` that's how most europe is heated, except natural gas not oil. | [20:28] |
the20year | natural gas in the US is very, very efficient and cheap | [20:28] |
mircea_popescu | the20year wall attachments are standard. | [20:28] |
nubbins` | it's not a bad system, because you retain the heat after the furnace stops firing | [20:29] |
mircea_popescu | and the bathroom heated towel rack. | [20:29] |
mircea_popescu | the20year same all over the world. | [20:29] |
the20year | Yeah, but the water part is the problem. Using a high flash point oil is much better | [20:29] |
the20year | I pay about $80/mo in the winter to heat my home | [20:29] |
nubbins` | and the cold water going to the water boiler for the faucets/shower gets pre-warmed by the waste heat from the furnace, so that helps | [20:29] |
mircea_popescu | about the same here. | [20:29] |
mircea_popescu | you know, amusingly, most us folk i know think romania is a sort of ohio. | [20:29] |
nubbins` | but oil is just expensive. no sweat to drop $450+ a month in the winter | [20:29] |
the20year | Yeah | [20:29] |
the20year | I'd much, much rather be on wood than oilk | [20:30] |
nubbins` | yeah | [20:30] |
nubbins` | i'd fucking LOVE a wood stove | [20:30] |
nubbins` | but downtown st john's is all 100-year old wooden row houses | [20:30] |
mircea_popescu | last i checked wood here was ~$22 a stere meter. | [20:30] |
the20year | how so mircea_popescu? The Ohioans I know that have been there said it was nothing like Ohio in terms of society or economy......maybe the land is similar | [20:30] |
nubbins` | and as much as i'd love wood, i'd love to continue having home insurance even more | [20:30] |
mircea_popescu | the20year climate :) | [20:30] |
the20year | Growing up we always got wood for free | [20:30] |
the20year | Climate I'm sure is similar | [20:30] |
the20year | Past 6 years has had mild winters, but this winter has been the worst in 20 years | [20:31] |
the20year | and we're not to the 'real winter' part of it | [20:31] |
mircea_popescu | romania had that last yearl ol. | [20:31] |
nubbins` | $80/mo is fucking great to heat a home | [20:31] |
mircea_popescu | lemme dig some picks | [20:31] |
nubbins` | what size are we talking here? | [20:31] |
the20year | Sure it is nubbins` | [20:31] |
the20year | 1100sf | [20:31] |
nubbins` | ah | [20:31] |
the20year | @ 70f winterlong | [20:31] |
the20year | if we pulled it back to 65 or so i bet we could do it for $50/mo | [20:32] |
nubbins` | this place is around 1600sqft, split over 4 levels. average elec bill is $230/mo | [20:32] |
mircea_popescu | http://trilema.com/2010/a-nins-a-nins/ | [20:32] |
ozbot | A nins ? A nins pe Trilema - Un blog de Mircea Popescu. | [20:32] |
mircea_popescu | there we go. | [20:32] |
mircea_popescu | ;;google 1600 sqft in sane units of measurement. | [20:32] |
gribble | Metric 4 US - Why Metric is the Better System: |
[20:32] |
nubbins` | that's heat, appliances | [20:33] |
mircea_popescu | sigh. no ai yet, eh google ? | [20:33] |
nubbins` | mircea_popescu: consider that canada is ostensibly metric and i don't know the square metrage of my house | [20:33] |
mircea_popescu | ~150. | [20:33] |
the20year | who's the naked lady? | [20:33] |
mircea_popescu | kinda crampy. i have a 220 sq m ground + 170 2nd floor here. | [20:33] |
mircea_popescu | the20year my dog. | [20:33] |
mircea_popescu | well, was. moved on, got married. | [20:34] |
mircea_popescu | i guess now she's someone's mom. | [20:34] |
nubbins` | yeah, i can spit from wall to wall here | [20:34] |
nubbins` | it's nice for shared living tho, sound doesn't travel well between floors | [20:35] |
the20year | So are you located in romania mircea_popescu? | [20:36] |
mircea_popescu | nubbins` also keeps people well exercised, with all the floors | [20:36] |
mircea_popescu | the20year atm yeah | [20:36] |
asciilifeform | i might be the 'submarine' champ here. 32 sq. m. | [20:37] |
assbot | [MPEX] [S.MPOE] 8354 @ 0.00090613 = 7.5698 BTC [-] | [20:37] |
nubbins` | mircea_popescu: nod, the "studio" is split between the 3rd floor and the basement. sometimes finding your pencil is a workout | [20:39] |
nubbins` | the20year: are you the guy from the forums who was looking into buying rental properties in halifax? | [20:39] |
nubbins` | or was that someone else | [20:39] |
the20year | not me | [20:39] |
nubbins` | okay, i think he was doing similar to you but in canada | [20:40] |
the20year | once i released info on what i wanted to do, like 20 people copied it | [20:41] |
the20year | Another guy in Ohio, one in Detroit, one in alberta, one in NS , one in scottland | [20:41] |
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assbot | [HAVELOCK] [HMF] 100 @ 0.02245589 = 2.2456 BTC [+] {3} | [20:48] |
pankkake | asciilifeform: 32m² here too. though I have a big ass cellar | [20:48] |
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assbot | [HAVELOCK] [CBTC] 2594 @ 0.00012 = 0.3113 BTC [+] {2} | [20:49] |
mircea_popescu | asciilifeform wow, that's russian style. | [20:50] |
mircea_popescu | the20year i wouldn't be too worried about that if i were you. | [20:50] |
mircea_popescu | pankkake fun fact : the one room, high 20s to low 30s sqm thing is called "garsoniera" in romania, comes from garcon. | [20:51] |
assbot | [HAVELOCK] [AM1] 7 @ 0.29486997 = 2.0641 BTC [+] {3} | [20:52] |
asciilifeform | u.s.ian analogue 'man cave' ? | [20:52] |
mircea_popescu | i guess so | [20:52] |
the20year | i'm not worried since i was the first one in | [20:52] |
mircea_popescu | it has no derrogatory nuance here tho | [20:52] |
pankkake | well we have the garçonnière. the place where married men fuck other women | [20:53] |
mircea_popescu | the20year copycats have this magical way to a) fail and b) do all the expensive dangerous research for you. | [20:53] |
mircea_popescu | pankkake so that'd be a filletiere. | [20:53] |
mircea_popescu | pronounced filthy-'ere | [20:53] |
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* | jurov lives in garconniere, too :D | [20:54] |
jurov | it's named so there as well | [20:54] |
pankkake | "imitation is the most sincere form of flattery" | [20:55] |
assbot | [HAVELOCK] [CBTC] 1250 @ 0.00012 = 0.15 BTC [+] | [20:56] |
mircea_popescu | i now wonder what the french word for the place where married men fuck other men would be. | [20:56] |
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pankkake | folletière | [20:57] |
ThickAsThieves | monsieuriere | [20:57] |
mircea_popescu | hahaha i like monsieuriere | [20:57] |
mircea_popescu | that's where catholic priests fuck your children. | [20:58] |
ThickAsThieves | fellatiere | [20:58] |
mircea_popescu | hahaha | [20:58] |
ThickAsThieves | its got fella and fellate | [20:59] |
assbot | [HAVELOCK] [PETA] 23 @ 0.04878997 = 1.1222 BTC [+] | [20:59] |
ThickAsThieves | cant beat that | [20:59] |
mircea_popescu | gentlemen, i am glad we've assembled such a crack team of creative linguists on this venue. | [20:59] |
ThickAsThieves | its better than the sexting word they made | [20:59] |
mircea_popescu | by the way, has the "hate speech" crowd managed to make crack a hurtful reference in gay contexts yet ? | [21:00] |
ThickAsThieves | textopornographie | [21:00] |
ThickAsThieves | sounds like an Extreme album | [21:00] |
mircea_popescu | TPG! | [21:00] |
mircea_popescu | tghe french invented this initialism bs which then the us army/govt copied | [21:00] |
mircea_popescu | as they've copied all the bad ideas the french ever had since about 1905 | [21:00] |
mircea_popescu | 1805* | [21:00] |
jurov | merde! | [21:01] |
pankkake | initialism is mostly our administration | [21:01] |
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the20year | who? | [21:01] |
pankkake | where they invent stuff that must have a good initialism. like EDVIGE (sounds like Edwige the female name) for the police spy file | [21:02] |
pankkake | "Exploitation documentaire et valorisation de l'information générale" basically means "Data Stuff" | [21:03] |
mircea_popescu | lol | [21:03] |
mircea_popescu | it basically means "word soup" | [21:04] |
mircea_popescu | and how is edvige a "good" anything. it fails to be an obscure female name. | [21:04] |
truffles | what kinda frenchman takes it from a Romanian ! | [21:04] |
pankkake | EDVIGE is arguably better than SRTRKRTS because you can pronounce it | [21:06] |
mircea_popescu | you can pronounce the latter "skirts" | [21:06] |
pankkake | after all, people manage to pronounce SCSI… | [21:07] |
mircea_popescu | which sounds a lot like the romanian "scirt," which means "big whoop" which as stephen fry would put it, works. | [21:07] |
nubbins` | mircea_popescu: ah, those are called bachelor pads here | [21:07] |
nubbins` | re: tiny homes | [21:07] |
mircea_popescu | i thought re catholic priests. | [21:07] |
the20year | One of my biz associates said there's a few RE investment firms looking to expand and want to talk to me | [21:07] |
nubbins` | heh | [21:07] |
the20year | They're all in limited geographic areas and don't want to branch out, which is one of the problems i'm trying to mitigate early on | [21:08] |
mircea_popescu | so that;s good. | [21:08] |
the20year | Yep | [21:08] |
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mircea_popescu | .d | [21:11] |
ozbot | 908350862.43702 | Next Diff in 90 blocks | Estimated Change: 31.0535% in 0d 10h 13m 39s | [21:11] |
the20year | ouch | [21:11] |
mircea_popescu | nothing can save it nao. | [21:11] |
assbot | [HAVELOCK] [CBTC] 2119 @ 0.00012 = 0.2543 BTC [+] | [21:12] |
pankkake | probably santa mining with the gifts | [21:12] |
KRS|Gotyawallet | see the mtgox press release dec 19? | [21:12] |
KRS|Gotyawallet | Now that we are working with MoneyPolo, a leading financial company that is in-tune with the future of Bitcoin, anyone with a verified account will be able to quickly send money to their MtGox account via 128 global currencies. | [21:13] |
the20year | no? | [21:13] |
KRS|Gotyawallet | https://www.mtgox.com/press_release_20131219.html | [21:13] |
ozbot | Mt.Gox - Bitcoin Exchange | [21:13] |
the20year | wow | [21:13] |
KRS|Gotyawallet | yeh | [21:13] |
KRS|Gotyawallet | ...then they're like BAM! | [21:13] |
mircea_popescu | send money TO wasnt ever a problem | [21:13] |
KRS|Gotyawallet | oh it was getting it out | [21:13] |
mircea_popescu | and moneypolo is "leading" in the very limited universe in which mtgox also matters. | [21:14] |
KRS|Gotyawallet | well...mt gox isn't designed like that. Between bad trades, fees are supposed to eat up your moneies anyway so getting fiat out isnt a problem. | [21:14] |
KRS|Gotyawallet | I would think it should work both ways though. | [21:14] |
asciilifeform | same universe that 'dwolla' existed in? | [21:14] |
mircea_popescu | dwolla is about a degree of magnitude larger | [21:14] |
mircea_popescu | sure, it's a tiny start-up, but still. | [21:15] |
asciilifeform | (i still can't read 'dwolla' without thinking of nigerian spam. must be the consonant cluster.) | [21:15] |
KRS|Gotyawallet | A: Withdrawals are coming with MoneyPolo, but not just yet. | [21:15] |
mircea_popescu | KRS|Gotyawallet :p | [21:15] |
the20year | is moneypolo licensed in the US/ | [21:15] |
nubbins` |
|
[21:15] |
mircea_popescu | if you've learned anything in this chan, it's reading betwixt the lines | [21:15] |
pankkake | "we need to replete our fractionnal reserve first" | [21:15] |
mircea_popescu | asciilifeform i think they named it african-sounding deliberately because sexually insecure california white hipster doofuses. | [21:16] |
mircea_popescu | either that or someone got stuck on wala-wala. | [21:16] |
mircea_popescu | (a small town hipster retreat close to seattle) | [21:17] |
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assbot | [HAVELOCK] [SFI] 40661 @ 0.001 = 40.661 BTC | [21:19] |
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ThickAsThieves | neobee shareholders are surprisingly good at signing wallet messages | [21:34] |
ThickAsThieves | and there is definitely a correlation to qty of shares held | [21:35] |
assbot | [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC | [21:37] |
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assbot | [MPEX] [S.MPOE] 7157 @ 0.00090757 = 6.4955 BTC [+] | [21:39] |
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benkay | what's alt-hopping pool of auto-cashing-out-in-btc repute? | [21:42] |
KRS|Gotyawallet | mining different alt coins to capitalize on their value in hopes of trading up to more btc than otherwise would be mined directly? | [21:44] |
KRS|Gotyawallet | i can quickly point my asics to mine different alt coins based on their profitability and go back if need be..auto cash out at preset levels | [21:45] |
mircea_popescu | benkay i don't think one exists, tho there'd make defionite sense | [21:47] |
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TomServo | middlecoin? | [21:47] |
benkay | that's it. | [21:47] |
benkay | thanks TomServo. | [21:48] |
mircea_popescu | one coin to rule them all or how did it go | [21:48] |
TomServo | been going crazy lately | [21:48] |
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mircea_popescu | tbh i thought middlecoin was a coin not a pool | [21:50] |
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TomServo | nope | [21:50] |
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TomServo | I read somewhere earlier today the operator is doing something like $6K daily on 3%, if I remember correctly | [21:51] |
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mircea_popescu | there's a pool charging 3% which actually gets hash ?! wow. | [21:52] |
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TomServo | paid out 3208.42671599 BTC so far | [21:52] |
mircea_popescu | pretty smart thing, anyway. | [21:53] |
mircea_popescu | who's the guy ? | [21:53] |
TomServo | h2odysee or something like that? | [21:53] |
mircea_popescu | myeah. ok, this is an example of starting up right. joined in may 2013, by july he had a useful service. | [21:53] |
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mircea_popescu | kudos to him. | [21:54] |
assbot | [HAVELOCK] [SFI] 203 @ 0.001 = 0.203 BTC | [21:55] |
TomServo | agreed. Definitely some secret sauce involved, choosing whichever alt is the best at the time | [21:56] |
TomServo | folks claim he made a killing on doge, but won't admit it | [21:56] |
TomServo | hah | [21:56] |
mircea_popescu | folks like to think their stupidity is what makes the world turn. | [21:56] |
mircea_popescu | and won't face any alternative explanation. | [21:57] |
mircea_popescu | anyway, if his stats are accurate 3k paid out means he made 100 btc. | [21:57] |
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mircea_popescu | 6k a day, but for two weeks. | [21:58] |
TomServo | Yes, the 6k is a very recent thing | [21:58] |
mircea_popescu | more like 500 a day irl, not that such a thing is bad | [21:58] |
TomServo | You see the graph? | [21:58] |
TomServo | middlecoin.com | [21:58] |
mircea_popescu | yeah. | [21:58] |
mircea_popescu | just forcing the point that "6k one day" != "6k a day" | [21:59] |
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TomServo | a fair point, I wasn't intending to misconstrue | [21:59] |
mircea_popescu | this reminds me of the good days of porn | [22:01] |
mircea_popescu | cca 1995 or so | [22:01] |
the20year | For webmasters or what? | [22:01] |
mircea_popescu | for "guy starts service, 3 months later he's making 500 a day" | [22:01] |
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mircea_popescu | just out of nowhere, like that. basically electricity is about as ubiquitous as cunt, and i guess crypto is electricity porn | [22:03] |
mircea_popescu | weird how geek tastes change. | [22:03] |
FabianB_ | "anyone with a verified account will be able to quickly send money to their MtGox account via 128 global currencies." <-- 128 currencies? I only see 4 countries moneypolo operates in, how could that be 128 currencies? | [22:03] |
mircea_popescu | FabianB_ max halfshortint ? | [22:04] |
mircea_popescu | aka mtgox-pr | [22:04] |
FabianB_ | guess so | [22:04] |
assbot | [MPEX] [S.MPOE] 37800 @ 0.00091096 = 34.4343 BTC [+] {4} | [22:08] |
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assbot | [MPEX] [S.MPOE] 8100 @ 0.00091394 = 7.4029 BTC [+] | [22:28] |
assbot | [HAVELOCK] [CBTC] 7750 @ 0.00012 = 0.93 BTC [+] | [22:32] |
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assbot | [HAVELOCK] [AM100] 66 @ 0.002799 = 0.1847 BTC [+] {3} | [22:53] |
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assbot | [HAVELOCK] [CBTC] 3161 @ 0.00012 = 0.3793 BTC [+] | [22:58] |
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assbot | [MPEX] [S.MPOE] 341 @ 0.00090757 = 0.3095 BTC [-] | [23:00] |
jcpham | http://www.reddit.com/r/Bitcoin/comments/1tcgox/my_first_month_of_bitcoin_the_good_the_bad_and/ | [23:03] |
jcpham | 1 month pro | [23:03] |
mircea_popescu | lol | [23:03] |
ThickAsThieves | http://www.aljazeera.com/news/americas/2013/12/canada-lifts-all-restrictions-prostitution-2013122015318412319.html | [23:04] |
ozbot | Canada lifts all restrictions on prostitution - Americas - Al Jazeera English | [23:04] |
ThickAsThieves | Nubbins can work in peace now! | [23:04] |
assbot | [HAVELOCK] [PETA] 27 @ 0.04878997 = 1.3173 BTC [+] | [23:04] |
mircea_popescu | lolwut? | [23:04] |
mircea_popescu | canada is starting to sound pretty ocol. | [23:04] |
ThickAsThieves | "Only day trade with what you are willing to lose completely." | [23:08] |
ThickAsThieves | pretty horrible day trading | [23:08] |
jcpham | there's much wrong there | [23:11] |
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asciilifeform | children - like playing with matches. news at 11... | [23:12] |
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assbot | [MPEX] [S.MPOE] 12424 @ 0.00090592 = 11.2552 BTC [-] | [23:17] |
ThickAsThieves | only eat what you are willing to shit completely | [23:18] |
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mircea_popescu | lmao | [23:18] |
asciilifeform | no | [23:18] |
asciilifeform | in this case, | [23:18] |
asciilifeform | 'only shit what you are willing to then eat.' | [23:18] |
mircea_popescu | mor like only shit what you've completely eaten, uyeah | [23:19] |
assbot | [MPEX] [S.MPOE] 7253 @ 0.00090592 = 6.5706 BTC [-] | [23:23] |
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assbot | [MPEX] [S.MPOE] 5832 @ 0.00090445 = 5.2748 BTC [-] | [23:26] |
assbot | [HAVELOCK] [PETA] 73 @ 0.04878997 = 3.5617 BTC [-] | [23:27] |
assbot | [HAVELOCK] [HMF] 100 @ 0.02021217 = 2.0212 BTC [-] {9} | [23:31] |
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assbot | [HAVELOCK] [KCIM] 93 @ 0.00280075 = 0.2605 BTC [-] {2} | [23:33] |
ThickAsThieves | Louisiana Governor Bobby Jindal also weighed in: "I remember when TV networks believed in the First Amendment. It is a messed up situation when Miley Cyrus gets a laugh, and Phil Robertson gets suspended." | [23:34] |
ThickAsThieves | http://gawker.com/what-is-duck-dynasty-and-what-does-it-have-to-do-with-a-1486356857 | [23:34] |
ozbot | What Is Duck Dynasty and What Does It Have to Do With a Man's Anus? | [23:34] |
Duffer1 | i only knew about it from all the damned facebook spam "ZOMG ITS AND OUTRAGE LIBRUL MEDIA INTELIGENTSIA!!!!1111111" | [23:36] |
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mircea_popescu | it's the perfect storm for the us, really. | [23:37] |
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mircea_popescu | top rated show star gets canned for "hate speech" while quoting the bible. | [23:37] |
Duffer1 | i die a little inside every day :/ | [23:37] |
mircea_popescu | it's finally worked itself into the perfect storm, this deep seething conflict. | [23:37] |
mircea_popescu | a perfect illustration of the incredible damage lincoln's imbecillity did to that country. | [23:39] |
the20year | what imbecillity? | [23:39] |
Duffer1 | after the civil war we should have just let the south separate | [23:39] |
mircea_popescu | if the slavery question were allowed to die out rather than used as a pretext for a war, you wouldn't still be fighting over the mason-dixon line in 2013 ffs. | [23:39] |
the20year | certainly would have been a very interesting situation | [23:40] |
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mircea_popescu | it's my considered opinion that if you make the sorted list of people that have hurt the us, lincoln tops it | [23:40] |
mircea_popescu | bush may be in the top 5, but lincoln tops it. | [23:40] |
TomServo | Can we hear all 5? | [23:41] |
the20year | It can be hard to speculate how different things would be if we could swap decisions out | [23:41] |
Duffer1 | the harm done by lincoln was necessary imo, even if slavery was one of many reasons for the war, emancipation still needed to occur | [23:41] |
TomServo | Yeah, I'm having trouble imagining how the question would 'die out' | [23:41] |
the20year | There could of potentially been a slow transition | [23:42] |
mircea_popescu | TomServo roosevelt probably not in there, as shocking as that may seem. hoover for sure tho. | [23:42] |
mircea_popescu | Duffer1 emancipation was occuring anyway. | [23:42] |
the20year | how do you rate hoover over FDR? | [23:42] |
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mircea_popescu | hardly half the inheritors of slaves intended to keep them past the death of their parents. | [23:43] |
mircea_popescu | the20year that's a huge discussion tbh | [23:43] |
mircea_popescu | TomServo because slavery was fundamentally an economic interest, and it is economically ineffectual. it WAS already dieing out at the time of the war | [23:43] |
mircea_popescu | however, it was dieing out in a sustainable way, rather than creating the black ghettos that the war created. | [23:44] |
Duffer1 | even if they didn't intend to keep them, southern laws forbade their existence outside of any context that didn't revolve around a white master | [23:44] |
mircea_popescu | Duffer1 slavery laws in the south were evolving, like any body of laws. | [23:44] |
mircea_popescu | if you look at their evolution, the thing was doomed anwyay. | [23:44] |
the20year | And slavery today isn't very popular at all , outside of sexual slavery which is a whole other ballgame | [23:45] |
Duffer1 | slavery laws weren't modernized until the 50's and 60s, i believe you're underestimating southern racism | [23:45] |
the20year | And it's not like slavery was only existant in the US, as with anything ,money drives the gears | [23:45] |
the20year | Duffer1: do you live in the south? | [23:45] |
Duffer1 | i grew up in texas | [23:45] |
mircea_popescu | Duffer1 souther racism as you know it today is wholly the creation of the war. | [23:45] |
mircea_popescu | it was entirely a different thing in 1820. | [23:46] |
the20year | The thing is , of all the souterners i Know , none really were racist, but i've known plenty of ohio natives that were extremely racist. Heck my great uncle was in the KKK | [23:46] |
mircea_popescu | in fact, pre-war southern racism is closest to modern day view on criminality. | [23:47] |
mircea_popescu | you could argue that the way criminals are handled today is chiefly designed to keep them criminals | [23:47] |
mircea_popescu | nevertheless, people don't generally intend this. | [23:47] |
the20year | That's about right | [23:47] |
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Duffer1 | they do | [23:47] |
mircea_popescu | but the southerner recognised an extremely varied and complex hierarchy. black = slave = chattel is about as oversimplified as one can get. | [23:48] |
Duffer1 | it's a for-profit prison system | [23:48] |
mircea_popescu | yeah, well. | [23:48] |
mircea_popescu | so what's the gain of the war ? picked a different nigger to pile on ? | [23:48] |
mircea_popescu | criminals "just happen" to be mostly black anyway, hooray for progress. | [23:48] |
the20year | I'm not aware of any gain | [23:48] |
TomServo | how was it economically ineffectual? | [23:48] |
mircea_popescu | TomServo you get more gdp per capita out of 100 barristas trying to write hollywood scripts | [23:49] |
mircea_popescu | than out of 100 field hands picking cotton. | [23:49] |
the20year | Correct | [23:49] |
Duffer1 | the only gain from the war was emancipation, poverty was guaranteed regardless, except for those that left | [23:49] |
the20year | Slaves were extremely ineffective at work, however a 'free' black was significantly more valuable | [23:49] |
the20year | Look at price rates for irish vs germans vs blacks in new york state in the 1800s | [23:50] |
TomServo | I knew I'd be displaying my ignorance asking that, ah well. Thanks. | [23:50] |
the20year | It's a wonderful system we have here | [23:51] |
the20year | While the rights of everyone gets trampled on over failed social projects | [23:51] |
mircea_popescu | Duffer1 poverty was NOT guarantgeed regardless. | [23:51] |
mircea_popescu | this is like saying famine in 1950s germany was guaranteed regardless. | [23:51] |
mircea_popescu | when you go bomb the shit out of the infrastructure the end result is you'll be poor. | [23:52] |
assbot | [HAVELOCK] [PETA] 30 @ 0.04878997 = 1.4637 BTC [-] | [23:52] |
Duffer1 | it was illegal for them to own anything | [23:52] |
mircea_popescu | that varied. | [23:52] |
mircea_popescu | you familiar with the expression "sold down the river" ? | [23:52] |
Duffer1 | even if they stayed they were fully dependent | [23:52] |
* | CheckDavid has quit (Ping timeout: 246 seconds) | [23:53] |
mircea_popescu | Duffer1 ^ | [23:53] |
the20year | Not all of them | [23:54] |
Duffer1 | i've heard the expression | [23:54] |
mircea_popescu | what do you think it means ? | [23:54] |
Duffer1 | sold to a harsher plantation owner | [23:55] |
mircea_popescu | exactly. but looky : it is an act of betrayal, fundamentally.] | [23:55] |
mircea_popescu | for there to be betrayal there must be trust. trust is the substance of contracts, which is exactly antithetical to how black-white relations are customarioly represented. | [23:56] |
mircea_popescu | it is in fact the way the whites of the time represented them to themselves, mostly. | [23:56] |
mircea_popescu | and now, the fact that upriver conditions are softer and downriver harser kind of proves that the situation is in fact evolving | [23:56] |
mircea_popescu | rather than a set in stone thing. | [23:56] |
mircea_popescu | which is the whole of my argument really. | [23:57] |
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Duffer1 | i dunno, i feel it's a case of a little leaven fermenting the whole lump | [23:59] |
Category: Logs