← | Results 1501 ... 1750 found in all logged channels for 'f:mike_c' | →
(trilema) mike_c: 21 inc is the new $116 million startup
(trilema) mike_c: their working on the pogo build!
(trilema) mike_c: "He compares 21’s work in building bitcoin products for the general public to the sequential development of 56-kilobit Internet modems, international fiber cables and wireless Internet towers, which all helped bring the Internet into people’s homes in the late 1990s."
(trilema) mike_c: because in the game you described, the VCs are getting taken for a ride. which happens of course, but this just seems so obviously illegal.
(trilema) mike_c: i'd love to be a fly on the wall in the pitch meetings though when the investor says "so how are you not going to jail?"
(trilema) mike_c: mhm. tell the US that.
(trilema) mike_c: s/inbetween/between/
(trilema) mike_c: mircea_popescu: inbetween aspirational and funded. i heard about them because they got "best of" at reasonably big tech conference. my curiousity is mostly around the brazen attempt to do money remittance in US without being licensed.
(trilema) mike_c: isn't there a shadowban? ignore or something?
(trilema) mike_c: yeah, I read up a bit. I like it.
(trilema) mike_c: now that I do, it appears nobody. I was the last one who didn't know.
(trilema) mike_c: well i guess that's what i am learning about today.
(trilema) mike_c: americans are dumb.
(trilema) mike_c: and how the hell did you know what a hawala was? i first saw that word today.
(trilema) mike_c: to be clear, i was not recommending that thing. just came across it today and thought I'd share the lulz.
(trilema) mike_c: heh. i can't argue with that.
(trilema) mike_c: one is malicious, one is just stupid.
(trilema) mike_c: i don't think that is usg honeypot. just misguided VC chumpatron.
(trilema) mike_c: although they said "since 8th century"
(trilema) mike_c: they mention that
(trilema) mike_c: it's bitcoin, but not, but it uses it, but sort of.
(trilema) mike_c: international money remittance without fincen. how is done? with a mobile app and a local 'cash dealer'.
(trilema) mike_c: it'll be interesting to see it after another couple 10x bumps
(trilema) mike_c: apparently we're all asian men 25-34
(trilema) mike_c: you just haven't heard the name. it's the winklevii etf.
(trilema) mike_c: heh, i kind of like that better. "janyary"
(trilema) mike_c: they didn't want to make you suspicious so you wouldn't see the people following you.
(trilema) mike_c: but the coins are moving. how does that work?
(trilema) mike_c: well, plus he is incorrect. monthly volume is over 1% of total shares.
(trilema) mike_c: jurov: just a poke at the frequency of dividend mistakes on that asset :)
(trilema) mike_c: bitbet dividend = rand()
(trilema) mike_c: i'll leave it at this - you will come up with a number that is just as useful with public info as you would with non-public info.
(trilema) mike_c: ok, but that's what i'm saying. the god needs non-public info
(trilema) mike_c: bid climbs up, then down, then sale happens. if you had sold at higher bid you would have done better than 'perfect info' bot
(trilema) mike_c: mm, not quite. because order book could have been better than price history at times
(trilema) mike_c: infinitesimal, no. but then you're 'perfect knowledge' bot isn't going to make so much anyway
(trilema) mike_c: well, I not only have a clue, i have the order book history :)
(trilema) mike_c: depends on liquidity.. maybe for mpoe. even there, not really
(trilema) mike_c: like what the order book looked like across time
(trilema) mike_c: this requires non-public knowledge
(trilema) mike_c: at least not more than a couple time
(trilema) mike_c: in reality, nobody can reliably turn x into 2x.
(trilema) mike_c: maybe they not only are reading this, they are writing it! :)
(trilema) mike_c: why not gamble on a +EV game?
(trilema) mike_c: if you have 3 btc, and you just doubled it to 6 in the recent qntra surge, you probably are quite happy with yourself.
(trilema) mike_c: there's nothing wrong with taking a few btc and playing around on coinbr as a way to learn more about btc finance world.
(trilema) mike_c: yeah, some like ada :D
(trilema) mike_c: some people enjoy it
(trilema) mike_c: same reason as havelock. buy a few shares and you feel a part of something big.
(trilema) mike_c: people call charles schwab, not NYSE, when they have a problem.
(trilema) mike_c: that's the point of coinbr though. they pay jurov for the right to harrass him
(trilema) mike_c: coinbr glacier :)
(trilema) mike_c: it *is* fire and forget. he doesn't liquidate you if you have unpaid fees
(trilema) mike_c: $5 / month is rich?
(trilema) mike_c: ;;calc 0.019 * 12 * [ticker --last]
(trilema) mike_c: ;;calc 0.19 * 12 * [ticker --last]
(trilema) mike_c: like KNC is underreporting their sales?
(trilema) mike_c: "nothing whatsoever". If hash power goes up by an order of magnitude more than the output of the minig rig manufacturers, something is known.
(trilema) mike_c: as has been more or less proven in here before, the big miners aren't buying KNC/bitmain/whoever rigs.
(trilema) mike_c: others say that the big miners don't have to worry about paying electricity bills..
(trilema) mike_c: that depends on who you ask. some will say that miners mine specifically to get nice clean coins and aren't selling to pay bills.
(trilema) mike_c: depends on how much other demand there is
(trilema) mike_c: then the absence of that demand would suppress the price. whether this leads to flat, falling, or only "not rising as much" price
(trilema) mike_c: the price drops as supply exceeds demand (in a macro sense). if you believe that draper, silbert, etc. represented demand, and that the demand would have eventually made its way to the exchanges even if not directly
(trilema) mike_c: the auctions are siphoning off demand that could otherwise show up on some exchange. and while the exchanges don't move in perfect tandem, they do move close unless something is wrong.
(trilema) mike_c: asciilifeform: the price suppression comes because when someone wants x thousand coins they have this avenue. where otherwise they would be harder/more expensive to obtain.
(trilema) mike_c: price suppression doesn't mean they are selling fake coins, it would be the same if they were selling real coins.
(trilema) mike_c: seems there ought to be some reasonable blockchain evidence one way or the other. don't we know the ulbricht address in question?
(trilema) mike_c: i understand the theory :) I don't get the basis.
(trilema) mike_c: There isn't much doubt that they took ulbricht's coins, right?
(trilema) mike_c: i don't quite get this theory that they aren't actually selling the coins.
(trilema) mike_c: or a scamzor.
(trilema) mike_c: looks like you are 1 character short.
(trilema) mike_c: the first trade after that debacle is a buy?
(trilema) mike_c: hanbot: if you install gentoo and eulora from scratch it would be cool to have a step-by-step for http://www.eulorum.org/Installing_Eulora#Gentoo
(trilema) mike_c: easy dpb :) everybody starts somewhere.
(trilema) mike_c: short int = 16 bits, long int = 32 bits
(trilema) mike_c: because int is shorthand for "long int"
(trilema) mike_c: yeah, that could be useful around here
(trilema) mike_c: i don't run socrates' software
(trilema) mike_c: it makes me a little nervous though that it is written by a self declared shitty go programmer though :)
(trilema) mike_c: separation of the irc bot part and the service part. a good idea.
(trilema) mike_c: this tenyks thingy.. this looks cool
(trilema) mike_c: Yeah. listed Oct. 13, i think first post was like a week earlier
(trilema) mike_c: it has been foretold that once s.qntra and s.mpoe cross, BTC will reach ATH.
(trilema) mike_c: not that i am masterminding the conspiracy
(trilema) mike_c: i only count s.*
(trilema) mike_c: it's part of the conspiracy to make qntra the highest share price on mpex
(trilema) mike_c: pretty easy to get it translated. i'll take care of it if you'd like.
(trilema) mike_c: maybe i won't get the worst price of everyone for the conference.
(trilema) mike_c: ;;calc 1950 / 8.14
(trilema) mike_c: the fix must have been in :)
(trilema) mike_c: wow. that's AAA vs college, but still.
(trilema) mike_c: so it's like, free to give away
(trilema) mike_c: ^ 200 satoshis is worth less than an ad view at $2 cpm
(trilema) mike_c: ;;calc (2 / 1000) - (.000002 * [ticker --last])
(trilema) mike_c: by the time you lose it, you're maybe hooked.
(trilema) mike_c: even still. just letting people play without having to deposit first seems like a great idea.
(trilema) mike_c: yeah, but, it's only 200 satoshis. Is that method working for you guys? not sure how long you've been doing the faucet.
(trilema) mike_c: omg. and you're getting some back from ads. fricking genius.
(trilema) mike_c: Stunna: that must be working for you. genius idea.
(trilema) mike_c: what a scam. i lost my free 200 satoshis on the first roll
(trilema) mike_c: yeah, turns out they realized where their bread is buttered :)
(trilema) mike_c: but if he is doing that, it would be awesome
(trilema) mike_c: i was just poking a little fun at his nick :) don't know him.
(trilema) mike_c: give him a minute, he's transferring messages by QR code
(trilema) mike_c: hehe. four years and we've almost broken even?
(trilema) mike_c: well, sort of unimportant. it is stylish when they actually use a nailgun
(trilema) mike_c: ? that doesn't say nailgun
(trilema) mike_c: "you should buy a stock whenver the chart looks like a squirrel sitting on a clown's shoulder"
(trilema) mike_c: ;;seen thickasthieves
(trilema) mike_c: omg that dilbert cartoon :D where's my favorite TA when i need him
(trilema) mike_c: I was wondering how that ended up.
(trilema) mike_c: pete_dushenski: kudos for posting the follow up on that :)
(trilema) mike_c: they were briefly the best way to get usd to mt gox, i don't think they've done anything since.
(trilema) mike_c: you wouldn't know, you'd have an opinion
(trilema) mike_c: probably not right for owner to pontificate on that too much.
(trilema) mike_c: too bad mircea_popescu can't say what he thinks qntra share price is right.
(trilema) mike_c: asciilifeform: problem is, that's not a growth story.
(trilema) mike_c: holee shit. 60->0 is two years?
(trilema) mike_c: trilema's monetization level doesn't support the current qntra share price to me.
(trilema) mike_c: yeah, i agree it shouldn't be trying to monetize yet. but that helps fuel investor optimism.
(trilema) mike_c: plus it hasn't tried to make money yet (with one tiny exception), so it's still hopes and dreams phase.
(trilema) mike_c: right, but bids don't need to keep going up to incentivize writers
(trilema) mike_c: i thought that a couple times, but then the bids kept going up.
(trilema) mike_c: it's a bubble :)
(trilema) mike_c: kakobrekla, are you/assbot getting dos'd?
(trilema) mike_c: press ctrl?
(trilema) mike_c: insanity. qntra bids are over 0.0003? going to be the priciest share on mpex soon.
(trilema) mike_c: sold, i'll take 120 gbps for $120.
(trilema) mike_c: he's done some cool stuff in the past. most famous (at least to me) for some ssl mitm stuff he built.
(trilema) mike_c: if we could sign into b-a with our facebook accounts we wouldn't have to get up'ed when we were in the field.
(trilema) mike_c: fine. i will deduct two points from his wot rating in my head. that's too bad.
(trilema) mike_c: moxie's sekrit thingy is open source though. that's better than somewhat silent circle
(trilema) mike_c: how.. disappointing
(trilema) mike_c: phil zimmerman is a bad guy?
(trilema) mike_c: asciilifeform, why have you always had slight revulsion? I used to think better of him, but this article is useless. poorly written rant with no suggestions.
(trilema) mike_c: "I'll fetch when i damn well please"
(trilema) mike_c: scoopbot -fetch
(trilema) mike_c: scoopbot fetch
(trilema) mike_c: agreed. i think rails has too much black magic
(trilema) mike_c: turbogears2 looks good too.. i have some vague memory of not liking sql alchemy for some reason, but that was awhile ago and i can't remember why.
(trilema) mike_c: or for webdevs that don't want to rebuild every wheel
(trilema) mike_c: or, there's something about those that choose lisp..
(trilema) mike_c: ok, but i'm not going to judge by how easy it is to un-fuck a particular framework done poorly.
(trilema) mike_c: idk. noobs will make sites. and their wordpress blogs will be used in ddos reflection attacks. what can you do.
(trilema) mike_c: so you are just offended by the offering of something between cojure/ring and wordpress.
(trilema) mike_c: i don't get it. you're saying a novice can use cojure ring and not hurt himself?
(trilema) mike_c: not with a 10ft pole
(trilema) mike_c: and the alternative is they build from a microframework and fuck up even more?
(trilema) mike_c: what's wrong with django? i bit bloated, but there's a lot of good code in there.
(trilema) mike_c: ;;later tell mthreat is it an index option for periods to break words?
(trilema) mike_c: word breaking is different from stemming. that feels.. wrong. mthreat is it normal for periods to not break words?
(trilema) mike_c: intersting. slash is a word break but not a period?
(trilema) mike_c: !s phpsadness
(trilema) mike_c: not according to search
(trilema) mike_c: you lost me there.
(trilema) mike_c: and just because this should be immortalized in the logs: http://phpsadness.com/
(trilema) mike_c: sekrit php detector. i had no idea.
(trilema) mike_c runs quickly
(trilema) mike_c: didn't you write bitbet in PHP?
(trilema) mike_c: it was nice of that guy to do load testing for qntra.
(trilema) mike_c: logs are failing me. what was the big hit on qntra?
(trilema) mike_c: mircea_popescu: re your asshole post. I believe GOOG split in the meantime..
(trilema) mike_c: army gud 4 u
(trilema) mike_c: "army strong" is current
(trilema) mike_c: be all you can be was before army of one as far as i remember
(trilema) mike_c: worked for rome
(trilema) mike_c: he said when you conquer, the prince has got to go live there to make the locals happy. and it sounds right to me.
(trilema) mike_c: machiavelli would say that obama should go live there awhile.
(trilema) mike_c: anyway, i'm a qntra fanboy for the record. g'nite all!
(trilema) mike_c: dilution drops off as a matter of %
(trilema) mike_c: it doesn't approach infinity
(trilema) mike_c: because dilution. for the next year, massive dilution.
(trilema) mike_c: mircea_popescu: it's because you are thinking of what the company is worth, not a share. For many companies this is a simple calculation. not so for qntra.
(trilema) mike_c: it's not like the domain is worth anything. so it is unbuyable, and the market cap is not related to its worth yet.
(trilema) mike_c: this is the whole point, right? people tried to make news sites and they sucked.
(trilema) mike_c: it's like a very early stage startup, you really can't just buy the whole thing yet because the founders are so critical
(trilema) mike_c: and pay writers
(trilema) mike_c: yeah, but, buyer would have to hire bingo & cazalla to keep running it
(trilema) mike_c: this is more and less true for different companies, but generally it's the ballpark.
(trilema) mike_c: in a lot of public companies the market cap is related to what you could acquire the whole company for.
(trilema) mike_c: who knows. lots of straws on the camel back today.
(trilema) mike_c: geezus, my fucking blood pressure today.
(trilema) mike_c: all you can buy is a few shares. at an inflated price.
(trilema) mike_c: obviously, since you can't buy the company for 8k.
(trilema) mike_c: or a qntra.
(trilema) mike_c: nevermind, i don't even want to get into it.
(trilema) mike_c: i see the stock price right now as one of two things.
(trilema) mike_c: too high as compared to the discounted future cash flow.
(trilema) mike_c: it gets weird with qntra.
(trilema) mike_c: i'm saying the stock price is too high, not the market cap.
(trilema) mike_c: ah, yeah. i'm not saying qntra is currently worth more than 45 btc.
(trilema) mike_c: plus whatever they get for being authors
(trilema) mike_c: ^ that should just be what they have from being owners, no?
(trilema) mike_c: ;;calc 158000 / 6
(trilema) mike_c: a lot can change in a year. but i don't think there are enough shares in existence to make it worth it anyway. i mean, what, bingo maybe has 50k shares?
(trilema) mike_c: yeah, i know
(trilema) mike_c: I don't think we'd have the same quantity or timeframe in mind.
(trilema) mike_c: maybe a bitbet would be interesting.
(trilema) mike_c: but i was more thinking i should borrow shares from a founder and short it.
(trilema) mike_c: yeah, i have.
(trilema) mike_c: what, write another article saying what the price should be? I already did that.
(trilema) mike_c: i'm a fan, but that stock price! idk.
(trilema) mike_c: btcalpha, never more than six months late. http://www.btcalpha.com/mpex/stocks/s-qntr/
(trilema) mike_c: yeah, my mistake.
(trilema) mike_c: i made it unlisted, but it will get the link from b-a log..
(trilema) mike_c: gpg what?
(trilema) mike_c: cazalla: yeah. i hate watching videos. figured i'd spare others the pain.
(trilema) mike_c: seems they've been having a lot of trouble lately
(trilema) mike_c: did i miss something? is havelock dead?
(trilema) mike_c: !t h rent
(trilema) mike_c: have you given any further thought to unwinding from havelock?
(trilema) mike_c: heh. that must have been interesting for the court. "see, i have units in a fund of this panamaian company that has shares in this other company"
(trilema) mike_c: wait, were RENT shares actually mentioned in the court proceedings? or just a general order.
(trilema) mike_c: hah, interesting. sounds like a pain.
(trilema) mike_c: not quite as good as fiat, but what can you do :)
(trilema) mike_c: about double from ipo. not too shabby.
(trilema) mike_c: !t h rent
(trilema) mike_c: how's business? stock price seems to be rising.
(trilema) mike_c: !up The20YearIRCloud
(trilema) mike_c: he switched to slack. it's irc from silicon valley.
(trilema) mike_c: ok, i'll reserve comment until then. and you're a teleologist.
(trilema) mike_c: so restate it.
(trilema) mike_c: the sites already solve that. i know my friend's nicks and i can play with them if i want.
(trilema) mike_c: mircea_popescu: not teleology, I just don't see how a poker site gets enough traffic if the only problem it solves is "we'll host your weekly poker game".
(trilema) mike_c: idk, i am unconvinced. of course, we are assuming the solution here which mp hasn't specified.
(trilema) mike_c: no, that's the problem. more like 1mm.
(trilema) mike_c: dignork: over the long long long term only.
(trilema) mike_c: yeah "meant". otherwise it fails as business
(trilema) mike_c: so i'm playing with stranger, he runs good or makes a couple good bluffs, and so i negrate him?
(trilema) mike_c: you are more meant to play with strangers
← | →
Download hourly DB snapshot | Get Source Code