deedbot: mircea_popescu rated spyked 2 << aka Lucian Mogosanu, arm guy and other things. e-known him for years.
mircea_popescu: !!rate spyked 2 aka Lucian Mogosanu, arm guy and other things. e-known him for years.
mircea_popescu: ahhh, taking in the feverish pitch of libertard rage is actually quite relaxing. take this foxy lady : https://www.nytimes.com/2017/08/18/opinion/sunday/president-trump-resignation.html
mircea_popescu: http://media.npr.org/assets/img/2017/08/18/gettyimages-632914834_wide-d8a9d3c24306ed3d1f4309b438991c94c1b85680-s800-c85.jpg << back in january (2017) talking to putin. all that's left is the phone now
mircea_popescu: are the cuntlets threatened a little or what is it ? no moar glamour for 1st lady ?
mircea_popescu: and in other lulz, how the fuck is it that the libertard media omit to point out melania is fucking hot, unlike that fat mammie obama dragged along ?
mircea_popescu: BingoBoingo so what's the story, is flake making it in az ?
mircea_popescu: the correct approach is rendering the idiotas for fat. as stalin did, as china does, as everyone who's worth two shits ever did.
r0nin-: englands next genius idea was to impose the gold standard onto the economy and completely choke it
mircea_popescu: that's what they're for.
mircea_popescu: nobody gives a shit about "poverty". let the plebs fucking croak.
r0nin-: england believed that by hoarding gold coins they would be getting 'rich', so they ran massive trade surpluses at the beginning of their shitty empire
mircea_popescu: because management has to decide optimal usage of capital goods and labour, and thereby there's a time-value of both of these.
mircea_popescu: "labor creates wealth" is unilateral nonsense, one of the three flavours available. what creates wealth is labour well applied to capital goods. that's people + management + tools.
r0nin-: if you take 2 gold coins and put them in a shelf are they going to copulate and have children?
r0nin-: there is no time value of money
mircea_popescu: there's a time-value of money, what.
r0nin-: the english model has always been built on usury
mircea_popescu: and the reason british empire was dying already by the time hitler cut its head off was that the brits in their idiocy wanted all the various policies in india etc to be set from london.
r0nin-: what sunk them was free trade
mircea_popescu: but the ~reason~ for it is very much found in 1600s trade policy. the dutch had open trade, the english wanted all trade to go through london. their centralist, counterproductive approach is what sunk them. they kept getting freebies, such as when the dutch moved over under wilhelm to become "english", but by and large uk is a thrown rock. it goes down.
r0nin-: even the cuisine is shit
mircea_popescu: the decline has nothing to do with that. uk has been on a decline path since indeed, 1800s, and will continue to decline. and because their women are ugly, there's no italian parachute under their ass either. wales is a fine example of where england ends up.
r0nin-: hence the pound tanking
r0nin-: UK leaving the EU will lead to a dramatic decline in the standard of living for everyone there, since they will no longer be subsidized with goods from europe
mircea_popescu: they still do. for all that poverty, they actually got the 4th reich going over there.
r0nin-: britian dragged the dumb german kaiser into WW1 because the german industrial base had surpassed anything england could have imagined and he began building a navy
r0nin-: because the british empire that you so praise was nothing more than a common understanding of 2 groups
r0nin-: churchhills family was indebted for the last 120 years
mircea_popescu: was doing a fuckload better before the introduction of the telegraph empowered the englishtarded concentration of administration. somehow they newver learned anything out of the america defeat.
r0nin-: no it wasnt. all the aristocrats were completely broke from jewish loans taken out in the 19th century in order to pretend they are like the romans
r0nin-: the first of its kind worldwide
r0nin-: but it was always a shithole throughout the last 500 years.
r0nin-: well i agree the place is miserable
mircea_popescu: countries run by 12 year old girls, and then they wonder why a) there's no further demand for white males and b) the cuckening.
r0nin-: mircea: the UK does not have a shortage of goods on shelves for plebs to buy. it may have problems with income distribution.
r0nin-: the entire premise of a country is to minimize costs and maximize gains, so send as little as possible while importing as much as possible
mircea_popescu: because in any disagreement of oppinion, he with the trade balance wins.
mircea_popescu: r0nin- and my slavegirls eat more than they shit. this makes their ass mine. not the other fucking way around
mircea_popescu: r0nin- china doesn't pay fucking taxes to the uk. you'll take it back in exchange for fucking gibraltar is what you'll do.
mircea_popescu: dja understand this ? the "not household" household of uk just sold its wedding ring and buttplug.
r0nin-: its entirely based on the issuers promise to take it back from you in payment of taxes
mircea_popescu: this leaves you with the unbacked currency, and it becomes more and more unbacked as the trade deficit progresses.
r0nin-: lol what goods is the Uk exporting?
mircea_popescu: ok. so then : when you run a trade deficit, you are NOT exporting currency and importing goods..
mircea_popescu: let's try and get some basics welded down. do you understand "inflation" is the phenomenon of mismatched currency and goods ?
r0nin-: prices go up, the economy requires more money to pay it, and its a cycle
r0nin-: money printing occurs AFTER the inflation started, not before it.
r0nin-: every single assclown brings up zimbabwe or weimer as their lame example of 'hyperinflation' without every understanding what happened there
mircea_popescu: r0nin- stop fucking typing three words to the line. what are you, some kind of idiot ?
r0nin-: the production collapsed
r0nin-: the private sector is always a net saver
mircea_popescu: it's fucking magic, he read it in the polish version of the new york times. THINK ABOUT IT!!!!
r0nin-: the government budget isnt a household
r0nin-: budget deficits add new money to the economy
mircea_popescu: r0nin- i dun think you're qualified to discuss these matters.
r0nin-: or else the economy contracts
r0nin-: if you have a trade deficit the governmetn has to run a budget deficit
mircea_popescu: it literally is the capital of a large, bn-strong spanish gypo world.
mircea_popescu: it's incredible, that place, the official capitol of the spanish main, every monkey from argentina to panama worships miami.
mircea_popescu: lmao. why is it that the orcs always end up in miami ?
r0nin-: the UK is exporting a financial claim against it
mircea_popescu: this notion that what you're exporting in a trade deficit situation is "the pound", ie, bezzle, is false. what you're exporting is always the value, bezzle always stays at home.
r0nin-: they get subsidized by outside manufacturers
r0nin-: the UK has a higher standard of living becuase of the trade deficit the same way the US does
r0nin-: yea but the products didnt
r0nin-: whats it the COST to produce a pound?
mircea_popescu: it's not that it has it. it's that it went from "empire" to "minor province" through maintaining a trade deficit. EXACTLY in the manner spain went from world's empire to minor province, two centuries earlier, through maintaining a trade deficit.
r0nin-: have the GBP now.
r0nin-: that means more products enter then leave
mircea_popescu: understand this ? at first there's 100 pounds of goods and 100 pounds sterling. then the uktards want to live above their means, so some bezzle is printed up, say a further 20 sterling. then the trade deficit starts, and in the next step there's 80 pounds worth of goods and 100 pounds sterling in the country. discounting the pound sterling from the original 1 to .8.
r0nin-: wahts the cost to produce EU products? a fucking lot.
r0nin-: whats the cost to produce GBP?
r0nin-: the government is not a household
mircea_popescu: yes, except in china not in the uk.
r0nin-: to the penny
r0nin-: <+mircea_popescu> and the uk specifically is headed for a shitter of epic proportions. they've to retool, but have no space to borrow to support capital costs and no strength in the labour market.
r0nin-: <+mircea_popescu> this is ahead of sweden (1% inflation champs), the uk (5% deficit and 90% debt to gdp LOL), denmark, you name it.
r0nin-: <+mircea_popescu> in other random lulz : romania closed 2016 as the strongest economy in the eu. 1.3% drop in inflation, <1% budget deficit, 38.5% debt to gdp. stable local currency yoy.
asciilifeform: ( every usg-sucking orc has this fantasy, that if he pens one of these just-so, chopper transport will materialize and take him to harvaryaleton and obummer will personally pin on him iron cross with oak leaves and award mcmansion )
mircea_popescu: infanta of spain does have a sucky job in a sucky society, but at least she gets the fucking pearls. it makes some limited sense.
mircea_popescu: yes, but local has the excuse of local. it's one thing to be rice, or obama, the system pays. but being nemtsov ?
asciilifeform: reads exactly like the local cardboard
mircea_popescu: (their own, original, honestly now!)
mircea_popescu: aaand in other lulz, teh metizos heard of things "many people know" and also have opinions on matters : http://www.nacion.com/opinion/columnistas/Mad-Dog-Trump_0_1652634727.html
mircea_popescu: (and , of course, they're making the eternal soviet mistake, spending 5bn on "research", except in healthcare, ai, batteries, self-driving vehicles, satellites etc. ie, trying to spend money to rewrite history with themselve in the picture. if you have a fucking clue you never invest in R&D in "hot" shit)
mircea_popescu: the thing is, places like italy or spain have the natural-born whores to compensate, two or more to the household.
mircea_popescu: https://www.theguardian.com/business/2017/jul/09/uk-economy-take-long-painful-look-research-development << surprisingly decent summary article.
mircea_popescu: and the 40bn dun exist without the 50bn. you know how that goes, it's a "high paying bay area job"
mircea_popescu: EXCEPT they also imported 50bn worth of same.
mircea_popescu: and see, here's the true lulz picture : they exported 40bn worth of automotives. which looks like a something
asciilifeform: sofa is then fuel
asciilifeform: the usa business model lol
mircea_popescu: they still export half a trillion worth of mostly software and crap (1/3 balance deficit)
mircea_popescu: well, depends how historically. even more historically they were strong in textiles.
mircea_popescu: now they make houses for russians to buy, to have them stolen away. the switch to chinese didn't take.
asciilifeform: what do they make ?
mircea_popescu: and the uk specifically is headed for a shitter of epic proportions. they've to retool, but have no space to borrow to support capital costs and no strength in the labour market.
mircea_popescu: this is ahead of sweden (1% inflation champs), the uk (5% deficit and 90% debt to gdp LOL), denmark, you name it.
mircea_popescu: in other random lulz : romania closed 2016 as the strongest economy in the eu. 1.3% drop in inflation, <1% budget deficit, 38.5% debt to gdp. stable local currency yoy.
mircea_popescu: they snort meth now ?!
shinohai: But exactly the type of girl you get here at the "siesta rate" btcbase.org/log/2017-08-19#1700693
mircea_popescu: speaking of which, i wonder how many people decided to have their kid for the eclypse. maybe that way it'll come out speshul ?
a111: Logged on 2017-08-18 03:55 mircea_popescu: i can't find the trilema article illustration with the three girls under cold water but inserted by reference.
jhvh1: asciilifeform: The operation succeeded.
asciilifeform: !~later tell mike_c http://btcbase.org/log/2017-08-19#1700623 << why was it necessary to use closed turd client ? ( what's the actual diff in the lolfork anyway ? the 2mb thing ? could exist as a lulzpatch for trb, even, in principle )
trinque: I have yet to decide whether being elsewhere, or watching the bullets fly will be more enjoyable.
trinque: did the pantsuit mayor last time, wasn't enough, now nigger mayor who will seriously review serious matters and things.
trinque: tomorrow we've got Black Lives Matter (TM) marching past my apartment for, whatever it is they tweeted about last
a111: Logged on 2016-10-12 01:57 mircea_popescu: back when their bulls weren't all mechanical yet.
trinque: ones where the rate's what, 40-50/day anyway
jhvh1: Birdman: The operation succeeded.
mike_c: it's about bedtime for me. feel free to paste in a wish list. if it's quick I'll knock it out for you over the weekend.
Birdman: hey mike_c is this a fun project for you or somethin? if you can be bothered theres some improvements i would ask for to narrow down what im looking for in that script, though im not trying to overstep any boundaries here.
mircea_popescu: when did they fork again, jun 25th was it ?
mike_c: oh, and for the common good, I used hitbtc.com to liquidate BCC. The interface is a piece of shit, I got multiple javascript errors throughout process, but bch went in, btc came out.
trinque cranking moar on the paybot presently, and this weekend.
trinque: see the antecessor for something that doesn't have opinions re: db
trinque: naw, just reading the thing.
mike_c: so given spent address that used to have 50 btc, I sell the BCH, key owner gets free 4.5 btc. not too shabby.
mike_c: Sure - given keys, I will sell BCH quickly - not too much regard for trying to optimize yield, without being entirely stupid about it. I'll keep.. 10% and give other party 90%. My fee will be minimum 0.5 btc and maximum 10 btc.
mike_c: Reasonably manual process, so there would be a reasonable fee, but it's free money if you're not going to do it yourself.
mike_c: I don't think the market will last long enough for automated service to be worth it, but I'll turn the cranks if anyone wants me to clean out some spent keys.
mike_c: there's a decently deep book. takes 4500 BCH to get down to 6% right now.
mircea_popescu: mike_c well, social media has tits. though usually of the useless variety.
mircea_popescu: (though traditionally the way "bitcoin doubler" scams work is that they pay off initially. and i don't expect this "bitcoin cash market" thing is anything else, however it may be interpreted by the retard crowd)
mircea_popescu: bit of a time bomb, as i'm sure these will pop up. first mover advantage i guess.
mircea_popescu: but the order book for average start-up is 0 deep.
mircea_popescu: (of course in reality there isn't, but w/e, not the worst business idea i ever heard.)
mircea_popescu: in principle there's you know, 100mn dollars worth of free money sittibng on ground, if you get 1% of that you really don't need a job.
mike_c: this is a good idea. I'll have to see if I can make the process less manual.
mircea_popescu: "whether spent or not on main chain" ?
mircea_popescu: ah so it's "send me the keys to pre-fork addresses, and i'll return btc" ?
mike_c: but I would need the keys to wherever that 1 btc was pre-fork
mircea_popescu: and then you got bitcoin back out ?
mike_c: that actually worked, and then I sold it.
mike_c: well, now that I'm thinking about it, not sure how that would work as a service. Because I had to use some assumed virus ridden POS BCH wallet. So I swept out a BTC wallet, then imported the address keys into the assumed virus wallet for BCH
mircea_popescu: let me know if you manage to actually get anything for them, i've yet to meet someone who has.
mircea_popescu: iirc the imaginary number was always ~600 bux.
mike_c: oh, hm, it did go up the last couple days. good time to sell!
mike_c: hm, what happened in the last couple days? difficulty adjustment?
mike_c: and it will just spit out the hand numbers
asciilifeform: mike_c: np. sorry for the delay, i had to drive coupla hrs to the house where the stockpile lives.
Birdman: and i type just that string after the rest at the same time? "whatever.py C:/handhistories python hands2.py c:\directory > logfile.txt" ?
mike_c: you just want it to spit out the hand numbers? sure.
Birdman: rather, save it to a text file
Birdman: ok so i suppose we could get rid of any that have the value "seat256" in the summary and any that are missing the summary in general
mircea_popescu: and in other "baby's gonna have to learn sometime...", http://68.media.tumblr.com/3f2956963e5572ea4af56fcafa567c7d/tumblr_o0ok1jjuRA1uwe054o1_1280.jpg http://68.media.tumblr.com/be2d5b93f793c053e393e30b3562e5f5/tumblr_o0ok1jjuRA1uwe054o4_1280.jpg http://68.media.tumblr.com/5e67151689f0cc5f06068781b4b293cd/tumblr_o0ok1jjuRA1uwe054o9_1280.jpg an' http://68.media.tumblr.com/50517718fcf83d5ffa4d12bff44ce47f/tumblr_o0ok1jjuRA1uwe0
Birdman: 262953 / 4914 / 3966 respectively, after i deleted all tournaments from the histories
mike_c: run the updated version I gave you and tell me all 3 numbers (processed, bad, files)
mike_c: 4,412 of the 5,013 bad hands are only missing one player
Birdman: but to be honest its probably good to have the corrupted hands to be able to request them from the server
Birdman: yeah something like that, trying to get it to filter out the corrupted hands from the hands with the bug im looking for
mike_c: um, not following. but you're saying you want to see the ones that are only missing one player?
Birdman: it seems to me that the bug im looking for is most likely to appear in hands processed that aren't sequential as the sequential ones are most likely entirely fragmented and the ones with only one player missing are the ones im most likely looking for
mike_c: seems like it's working to me :) here's without the player names: http://wotpaste.cascadianhacker.com/pastes/LsriU/?raw=true
mircea_popescu: the obvious-to-alf show!
Birdman: oh also what would i type to have it dump the output into some text file?
a111: Logged on 2016-06-22 04:08 ascii_deadfiber: http://btcbase.org/log/2016-06-22#1486706 << clitler is the anointed muppet. as in, will be propped up with diebold voting machines if necessary.
asciilifeform: the 1 quasi-earnest d00d -- sacked
mike_c: and how many did it say before you pulled the tournament files?
Birdman: and if im not mistaken it lists the player who is missing in the summary and will list the same hand twice to show if another player was missing in same hand so that extra fat that could be trimmed but im not asking you to fine tune this or anything lol, thoughts on it maybe not showing all results for lack of space of something?
Birdman: so i went through and deleted all the tournaments cause those are not relevant, and i got seemingly different results. I think maybe its displaying less than all the hands it has found? i only saw four cash game hands the first time, deleted all the tournaments, and now i see a ton of cash game hands
asciilifeform: 'After his ouster from the West Wing on Friday, ex-White House chief strategist Steve Bannon declared the Trump presidency that his brand of populist, right-wing conservatives helped make a reality is "over."'
mike_c: the output is bad hands. it's comma separated - filename,hand#,player_that_is_not_in_summary
Birdman: mike_c so it went through all these hands and says it processed ~30k of them, but what am i actually looking at here? the hands it lists in the prompt are the ones that the discrepency is found?
mircea_popescu: the notion that spain has or could ever fucking recover...
a111: Logged on 2017-08-10 09:50 mircea_popescu: in other lulz : usg.wikipedia agitprop has an open ended article on propaganda truths : https://en.wikipedia.org/wiki/Russian_financial_crisis_%282014%E2%80%932017%29
mike_c: ok. it's a syntax error because the script was written for python 2, not 3. easy to change though, hang on.
mircea_popescu: just like if on an imaginary island you had a farm that produced all the milk but none of the meat, the return would be mostly in milk and not much in meat.
mircea_popescu: seems to be obvious and necessarily true, iunasmuch as bitcoin has 100% of the world savings market share and about a millionth of a percent of the world capital allocation market share.
mod6: but mostly, the savings rate far exceeds the yield of capatal allocation; which is obvious. and will stay that way for sometime as fiats -> 0. someday, that'll be different.
mod6: <+asciilifeform> in this light, doing anything whatsoever other than 'hodling' is raw deal. << there are exceptions
mircea_popescu: asciilifeform aha. maybe they merge with mtgox.
mircea_popescu: anyway, transparend qpq seeing how microsoft is losing the global battle for relevancy.
asciilifeform: ( notice how cisco is 'in business as usual', wholly disconnected from whether any actual people would even conceive of buying from it )
asciilifeform: 'That followed the General Services Administration removing Kaspersky from an approved-vendors list in early July and a congressional push to pass a law that would ban Kaspersky from being used by the Department of Defense.'
asciilifeform: 'The FBI has been briefing private sector companies on intelligence claiming to show that the Moscow-based cybersecurity company Kaspersky Lab is an unacceptable threat to national security...'
asciilifeform: https://archive.is/FjGf5 << in other lulz , usg : 'stop using non-usg-licensed faux-antiusgware'
mod6: <+mircea_popescu> let them learn teh brass tacks. << everyone has to, ya.
mircea_popescu: no argument there.
asciilifeform: i still think the current wallet state-of-art to be a ridiculous thing.
asciilifeform: same dynamic though, qualitatively -- once you have no textile production capacity, you're stuck in the comical position of trying to buy own uniform from the enemy
mircea_popescu: asciilifeform well no, tank batallion is a different story. this is a textile maker, it has no further productive externalities than what it gets for cloth
mircea_popescu: the important parts : spent 200 per share to go from 60 to... 68.
mircea_popescu: obviously the burlington discussion is very much apropos here : http://trilema.com/2015/so-im-going-to-be-a-total-asshole-for-a-moment-here/#selection-921.0-929.476
mircea_popescu: whjole fucking point of investing, at least in the buffett understanding of it (apolitical, or in his case naively copacetic-political, columbia floating over farmer drawn hills) is to identify the corps with the most favourable capital discounts and to buy those while selling their opposites.
mircea_popescu: the only reason everyday joe doesn't encounter capital discounts is because a) too small and b) too stupid. otherwise even someone running a small video rental comprehends the difference between accounts receivable depending on from whom, and so on.
mircea_popescu: http://btcbase.org/log/2017-08-18#1700435 << i mean "999.7 mn" obviously. they both make the same.
mircea_popescu: or in the immortal words of some schmuck, "nah. if i give you 50k now i'm wasting it".
mircea_popescu: see the logic ?
mircea_popescu: this is because the "same" money is discounted on the basis of "in whose hands it finds itself" -- the 1 people are expected to lose most of it under couch cushions ; the 2 people are expected to take over the world with that scrawny one billion.
mircea_popescu: both these items made the same unexpected billion. nevertheless, in the case of 1 this will be discounted to about a third of its value, resulting in minor share appreciation c.p.
asciilifeform: ( many fewer than they think -- but >0 )
mircea_popescu: anyway, rolling back up this many branched loop : there is nothing to be gained by mentally denominating capital in uniform standard dosidoes, nor by mentally denominating labour in redditard.
asciilifeform: but hey, if mircea_popescu gets haetmail for not propping up btc to 1mil obummerbux per, asciilifeform gets 'you suck, why not derived constanttime gcd yet' , wonder what other folx get
mircea_popescu: no but we're all under a discreet obligation to promote the herdemocracy! everything else is theft and corruption and racism and so on!
mircea_popescu: fortunately, there's no kako-nubbins party to argue that hey, as btc price is chiefly supported by the republic, which has a lot to do with mp, it is therefore mp's job to idemnify "the users" as imagined by kako-nubbins for "this loss" resulting from his you know, unauthorized use of resources for purposes not priorly reported to the almightyly important kako-nubbins party!
mircea_popescu: yes. but that's not under dispute, the "convince them" part is. they were convinced, and it didn't even take that much in terms of machine gun chains.
asciilifeform: ( and btc would then live up to the reputation as strictly pyramidal cock-pulling adventure )
asciilifeform: in this light, doing anything whatsoever other than 'hodling' is raw deal.
mircea_popescu: iirc we bought them when dollar was 10x.
mircea_popescu: mircea_popescu amusingly has. nsa made the worst deal in history by you know, buying parts and then trying to sell them as a result.
asciilifeform: mircea_popescu is welcome to convince'em that a btc is worth 100x the units it presently buys. i'll clap.