mircea_popescu: this is more reading than the logs tho
mircea_popescu: kakobrekla not really, cause small kid tends to paw, and clustered keys is one of the main enemies of entropy
thestringpuller: impregnate her and take the kid to argentina
ThickAsThieves: it really isnt about the money
penguirker: New blog post: http://trilema.com/2014/a-complete-theory-of-sociology/
penguirker: New blog post: http://contravex.com/2014/09/18/you-cant-elect-strong-shepherds-and-you-cant-produce-anything-of-value-without-them/
mircea_popescu: in fairness, she's probably getting more for her buck there than in any possible alternative.
ThickAsThieves: some people are happy in the system
ThickAsThieves: she's the only reason i'm still here
asciilifeform: mircea_popescu: his wife wants to remain behind the wire?
mircea_popescu: ThickAsThieves well sadly they're pua concepts, but they already wrote fiddy billion words on the topic since 2010 and im too lazy to re-write the shit in 100k. especially since in the 5bn words they actually did cover 90% of the 100k, and you should be able to filter.
ThickAsThieves: it's not about the material things
nubbins`: buy her a copy of the jan 3 2009 times
ThickAsThieves: she doesnt know the half of you guys, for one
mircea_popescu: there's deeper than that ?!
nubbins`: p is very much the opposite
asciilifeform: ThickAsThieves, mircea_popescu: 'taken up with the wrong crowd', lol
ThickAsThieves: mp that is in the mix, yes
teward: thestringpuller: there's a lot of home-specific laws and tax rules that other capital gains aren't included under
teward: thestringpuller: keep in mind homes are governed under separate rules as well
mircea_popescu: <ThickAsThieves> my wife is all 'maybe this bitcoin thing isnt such a good idea' << if i had to take a bet on the matter, it'd go like so : it has exactly zero to do with any rationalisation she comes up with and everything to do with how annoyingly you've changed since getting involved with these loser geeks.
ThickAsThieves: his brother or something
thestringpuller: asciilifeform: when the dekulakization squad wants your usd << hence not holding usd
thestringpuller: People who have owned a house for 20-30 years and it's escalated in value are not subject to capital gains. (I know this to be true because I know many people who have sold their houses for more than they bought them and have not gotten taxed for it. The only tax attached to the transaction is sales tax on the buyer).
asciilifeform: this - is riotously funny. this is like watching german jews in '36 sit around a table and talk about how they'll 'game the system.'
teward: thestringpuller: differs state-to-state but you have to look at the 'two tax laws' imposed, one being state, one being federal :/
mircea_popescu: <punkman> why is anyone buying at .0075 instead of waiting until after IPO? << or even having waited for a day BEFORE the ipo ?
teward: capital gains can be done in the long term, the rate is just LOWER for the tax. at least in the US
thestringpuller: yea the loophole is just to hold and liquidate after the expiration of capital gains.
teward: thestringpuller: in theory you're paying four taxes on that BTC income, state and federal income, and then capital gains for both
teward: thestringpuller: if we want to be truly logical about analyzing this situation... then lets look at state taxes as well
thestringpuller: additionally as property if you own said property for X amount of time (i don't know the exact figure in this state), you get the capital gains waived.
teward: thestringpuller: that's a gray area that you could argue in the tax courts, but you're right. if you don't liquidate the BTC and hold the BTC for over one fiscal year then those bitcoins are only subject to the capital gains tax as well as the income tax IF the liquidation occurs during that fiscal year. At any later date after the BTC has been held for a year it should be the case that it's THEN capital gains taxed.
ThickAsThieves: why would you report underthetable income?
asciilifeform: there is an ancient law involved. 'не пойман — не вор' - 'not caught -- not thief.' known in english lands, if i'm not mistaken, as 'the eleventh commandment.'
ThickAsThieves: also there is no loophole
thestringpuller: They gray area of course is if you never liquidate...
thestringpuller: teward: yea if you own the property for X amount of time the capital gains taxes are waived. This is a loophole for homeowners, btc falls under the same statutes. But you still have to pay income tax on income from BTC. I.e. i get paid in BTC as part of some employment contract. The receipt of those coins needs to be claimed with the IRS and then you gotta pay whatever during income tax.
ThickAsThieves: theyre just words mp, dont dig too deep!
mircea_popescu: <asciilifeform> vinyl record wallet << good art project, << tis the art project that caught my eye
mircea_popescu: <ThickAsThieves> "VC's will write $10M checks after 3 weeks of knowing someone, and there is 0% legit fraud there." << what's ilegit fraud ? fraudy-fraud ?
assbot: A complete theory of sociology pe Trilema - Un blog de Mircea Popescu.
ThickAsThieves: are the people that paid you in bitcoin issuing a 1099?
teward: at least in the USA, we get taxed that as part of our income tax, but depending on the length of the ownership of the item which gets you capital gains, there's different tax rates
ThickAsThieves: its not a gain til you get the cash
ThickAsThieves: best part is, she wants me to sell more bitcoins to pay the taxes
thestringpuller: they want both taxes apparently?
thestringpuller: if the btc you receive appreciates
thestringpuller: THEN you pay cap gains tax on property
nubbins`: "Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: 1"
nubbins`: here's their SEC filing for this IPO
Mrstickball: they are as well, AFAIK
punkman: Mrstickball: are the old ones not equity-bearing?
Mrstickball: they are unsold shares from his last tranche of shares
kakobrekla does not understand these shenanigans
gribble: Error: This url is not on the whitelist.
kakobrekla: >PawSense normally recognizes a cat on the keyboard within one or two pawsteps
nubbins`: i think it's essentially just looking for long keypresses, indicating something heavy is on the kb
nubbins`: we successfully engaged it by pressing a spread palm on the keyboard
kakobrekla: change the animal, need to change code.
kakobrekla: well but thats limited to cats then
kakobrekla: better than most passwords out there
peterl: ack, my kid is attacking the keyboard :(
kakobrekla is curious what the audio quality would be from that particular unit
assbot: How Financial Bubbles Fester And Burst—Even As The Fed Says Not To Worry | David Stockman's Contra Corner
chetty: http://davidstockmanscontracorner.com/how-financial-bubbles-fester-and-burst-even-as-the-fed-says-not-to-worry/
asciilifeform: chances are, vintage unit. otherwise, he'd probably succumb to the temptation to post photos of hand-crafted phonograph.
kakobrekla: that the guy is using.
asciilifeform: all you need is basic machine tools. edison had his built (afaik, the man's only actual proven invention, that he stole nowhere) for 20 usd (of the period) in a day or so.
asciilifeform: how the hell does he make those vinyl records >> phonograph.
asciilifeform: vinyl record wallet << good art project, but - bad steganography. breaks the '#1 rule of stego - must not talk about the stego.'
gernika: petrel yes - everyone could update their constant manually. But that's only a temporary fix.
gernika: Unfortunately the POW cutoff level appears to be a constant.
gernika: To the point where people aren't getting messages
gernika: The network is being spammed with low POW broadcast messages.
ThickAsThieves: "VC's will write $10M checks after 3 weeks of knowing someone, and there is 0% legit fraud there."
thestringpuller: 17:20 <qq1932> That is how people protect themsevles in the real world, and it works. VC's will write $10M checks after 3 weeks of knowing someone, and there is 0% legit fraud there. << ~_~
ThickAsThieves: interesting phenomenon with AM shares, now that they dont pay divs, no one can verify ownerships
ThickAsThieves: kakobrekla, the audio is likely made in "high contrast" so it's analog smoothing doesnt affect the data
punkman: oh wow, he has one of these: http://www.preservationsound.com/wp-content/uploads/2011/09/Presto_model_A1.jpg
mircea_popescu: but yes, the reviewer's comment about "sharp around the edges" suggests it's number-powered
assbot: Disk-Cutting & Recording Lathes
kakobrekla: <punkman> on a lathe < i guess that might work for digital data
assbot: Have thirty buttcoins? Want to trade buttscoins for buttstock? Like poorly designed websites and complex instructions to do simple things? THE FUTURE IS HERE! : Buttcoin
punkman: on a lathe
mircea_popescu: exactly what i wanna ask him. pm the guy.
kakobrekla: how the hell does he make those vinyl records
mircea_popescu: it's really badly titled which is what threw me off originally. it's really the counterpart to my economic theory piece, it should be "a complete theory of sociology"
mircea_popescu: fluffypony i was thinking, "prolly fluff, he uses all the weird things" but then i was like, give the guy a break, don't say anything
ThickAsThieves: chains are tearing down the bank
ThickAsThieves: kinda cool if you imagine the coin to be one of the dropped coins from the failures i guess
ThickAsThieves: the art looks like a bunch of bitcoiners reaching to escape to bitcoin and failing
mircea_popescu: i just mean it's not the usual "here's me with a straight line tool" bs like http://object2212.com/wp-content/uploads/2014/09/Cryptovest_front-1024x759.jpg
mats_cd03: they're swimming away from a bank?
mircea_popescu: http://object2212.com/wp-content/uploads/2014/09/Cryptolator_tenth_front_02-1024x666.jpg << this is perhaps the best coin design i've seen so far
punkman: got my posters from nubbins, but arsepost says they'll need a couple of days to locate them...
mircea_popescu: This record was hand shaped and individually cut in real time using a vintage 1940s Presto 75A recording lathe. It is a unique piece. It is not the same as a traditional pressed record. It was not made in a factory. It was hand carved from an 8ft sheet of polycarbonate plastic, shaped, sanded, waxed and cut in real time by one person.
mats_cd03: people spending btc they dont want, etc.
ThickAsThieves: they probably apply xmas sales bump proportionally to bitcoin sales for projection
mircea_popescu: i vaguely recall their published btc sales figures were piddly, but w/e
ThickAsThieves: the volatility mostly hit popular stocks
ThickAsThieves: just wanted to check the stock
peterl: tax theory sounds good to me
mircea_popescu: ThickAsThieves what do you mean weathered the selloff ? you mean they had a stock selloff or what ?
ThickAsThieves: i bet they were retaineding 4% in bitcoin
ThickAsThieves: my tax theory was meant to be serious tho
peterl: did they actually mean revenue or is it profit?
mircea_popescu: ouch. well this chick's overbite... here's the problem : before now when her pretentiousness flopped, it would have been just a young woman being naive. but now, with 4% of overstock REVENUE, if the thing flops she's just a failure.
mircea_popescu: wait, is this the brunette chick w/e her name was ?
ThickAsThieves: "Overstock has initially selected the Chamber of Digital Commerce"
ThickAsThieves: accounting dept days "hey you know those btc you are retaining, they are plummeting" "well donate that shit so we can write it off!"
mircea_popescu: punkman sure, but no guarantee is made both their mother and grandmother was heavy bosomed.
mircea_popescu: this is pretty much the only good way to pander to your readership, and yes they can tell.
mircea_popescu: BingoBoingo "I've at this point given up at editing any of the text at all. " << this is often a clue the whole thing is not worth publishing, as painful as may be. ie, if one guy can't be bothered to spend an extra minute on the strength of the material, there's cause to believe a thousand readers shouldn't be asked to spend that one second it takes them to decide they don't want it.
mircea_popescu: course the sub should qualify the homo not the preposition. subhominem addack or something.
mircea_popescu: punkman: some quotes I saved: "actually tbh i would make people money except i cant be bothered, i dont really wanna make anyone rich to get more money myself, id rather just chill in my room and drink cider and think up new ideas" <<< i'm saving this one for the next time some derp comes up with "a billionaire dude would never hang out in irc with us rubes"
mircea_popescu: there's not just one, female inherited factor. there's at least three, of which at least one skips a generation.
mircea_popescu: punkman: close, 3 have big tits << depends on whether we accept some particular notions as to the genetics that cause big tits dunnit ?
punkman: here's some more for you xmj: http://uploads5.wikiart.org/images/pierre-auguste-renoir/the-large-bathers-1887.jpg
punkman: "i can actually get 10x or 100x pretty easily, done it before Talisman, but if i told you then you would probably just try and do it yourself and thus wouldnt need me"
punkman: some quotes I saved: "actually tbh i would make people money except i cant be bothered, i dont really wanna make anyone rich to get more money myself, id rather just chill in my room and drink cider and think up new ideas"
punkman: BingoBoingo: the moarrr guy?
punkman: a morning teaser: You are sitting on an olive tree, smoking some tobacco, watching the river. The Beaumont sisters are having a swim and it's an even bet that the first two to come out of the water will have big tits. How many of the sisters have small tits?
mircea_popescu: it won't kill either of em.
cazalla: i can't cope with the crying so it's easier to tell wife to stay with him
mircea_popescu: so they learn to cope and become fucking sane.
mircea_popescu: well the part of their growth style may be to be clingy, but it's supposed to not work.
cazalla: why's that? we were told it's just part of their growth style at this age to be clingy
mircea_popescu: the famous uncanny valley of mixed race matrimony : the least seen it is, the more acceptable, and vice-versa.
mircea_popescu: in other news : aggregate advertising and dating data seems to show that a 50% increase in mixed race fantasy couples being displayed over 5 eyars corresponds to a 50% increase in the affinity for white women for white men, and reciprocal, and further a decrease for both black men -> white women and black wome -> white men and reciprocal.
BingoBoingo: Shame we can't ask moiety about the local perspective
mircea_popescu: "Women voting. A free and independent society. Choose one. The choice between the two is rarely so obvious as this, though." an' stuff.
mircea_popescu: so apparently scottish women are 58% for uk, 42% for independence, and the gap is widening
mircea_popescu: i can just conveniently cherrypick and laugh at the people working in the muck of it
TheNewDeal: by 16 the woman is virtually sexually mature
mircea_popescu: pedophilia isn't being attracted to young women, they have to be children.
mircea_popescu: i don't see the problem, she could just as well be 16 or w/e
mircea_popescu: and his 2 aren't either rich or murderous.
mircea_popescu: well the problem may also be that there's like 2 of him and 200 of those other guys.
TheNewDeal: he's got the usian culture pegged down quite well "This is because truth seeking through argument is not considered the point. The point is consensus, so if everybody mutually eye rolls, then the job is done. If you do not automatically join in the eye rolling, then everything you say MUST be wrong."
mircea_popescu: i left a comment on the blog he's arguing with. kinda curious if it gets published.
decimation: the usg fiscal year begins oct. 1
TheNewDeal: For instance, the taxes I pay on January 1 2014 - December 3x 2014 will be due on April 2x 2015
TheNewDeal: a company declares their tax year
dub: mike_c: its probably (as TheNewDeal said) lining up with the tax year? It does in some places by convention
assbot: Creepy expat “dates” 18-year-olds “because they make excellent devoted sex slaves.” | we hunted the mammoth
mircea_popescu: http://wehuntedthemammoth.com/2014/09/13/creepy-expat-dates-18-year-olds-because-they-make-excellent-devoted-sex-slaves/
mike_c: well then i'll shut up
TheNewDeal: I just don't like the lag periods
mike_c: i have to point it out quick before the data turns against me.
mircea_popescu: TheNewDeal try and see, this is like a totally real virtual reality.
TheNewDeal: how far is 50 above the expected 43.5 :)
mircea_popescu waits for the "and july isn't really 31 days plus today should really be sept 3rd" discussion
TheNewDeal: the term is used extensively
dub: its the 3rd quater of a financial year
TheNewDeal: I don't care what 3rd quarter for S&P500 is either. All I care about is bet closing and even resolution date (not necessarily when bitbet resolves it)
TheNewDeal: I'm not saying it's impossible, but specifying the date is about as difficult as weighting the probabilty of the event occuring in the first place
mircea_popescu: TheNewDeal you can specify them by block height and have a reasonable but outside resolve date
mircea_popescu: mike_c actually about 20ish btc a day is the secular average for bitbet. 50 or so over 3 days is about avg neh ?
TheNewDeal: but it becomes very difficult to pick a day in which to end the weighting at
mircea_popescu: TheNewDeal in principle one could propose and seed bets for each retarget
mircea_popescu: <mike_c> last 48 hours have been busiest two days for bitbet this month.. right after btcalpha launched the analyzer. coincidence? << :)
decimation: asciilifeform: re: green hills os << I've seen this before. I'm somewhat dubious about the proposition "we r ultrasecure but we use von neumann cpuuuu!"
TheNewDeal: the risk becomes almost nada
TheNewDeal: especially when one considers their return/day or return annualized
TheNewDeal: but how many days difference was there between say weight 99994 and weight 56297
mike_c: there's weight :)
TheNewDeal: theres no timestamps displayed?
TheNewDeal: because 2000 blocks into each change, it's very easy to answer the question "will the current change be 20% or less?"
TheNewDeal: In the event that this bet turns out yes early, it will get murdered by yes
TheNewDeal: it would be nice if the weight dropped to near zero almost every 2016 blocks
TheNewDeal: the weight
TheNewDeal: would love to see them develop a separate set of betting system for price bets and difficulty
mike_c: well i am rooting for bitbet. tired of building tools that are obsolete a few months after i ship them.
mike_c: last 48 hours have been busiest two days for bitbet this month.. right after btcalpha launched the analyzer. coincidence?
mike_c: perhpas the bettor is not considering this period only.
TheNewDeal: I do some breathing exercises myself, but the effect from smoking is still noticeable. Along with decreased saliva production / transport through the esophagus
BingoBoingo: It's actually very comforting to the lungs from tobacco decline to comment on the lesser smoke
TheNewDeal: I hung around people that mixed the two, started doing it myself, continued smoking as a habbit
BingoBoingo: TheNewDeal: I dunno why... Nothing about Cannibais touches tobacco's awesomeness
BingoBoingo: !up devthedev
devthedev: Yeah, I'm not authed right now though.
BingoBoingo: devthedev: You know you can voice yourself...
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user devthedev: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=devthedev | WoT data: http://b-otc.com/vrd?nick=devthedev | Rated since: Tue Jul 15 12:31:42 2014
BingoBoingo: ;;gettrust assbot devthedev
TheNewDeal: cannabis was my gateway drug to tobacco... if only they would have taught me in elementary school
BingoBoingo: devthedev: I smoke cigarettes though and get winded easily.
devthedev: You'd probably be better off with my Kayak then my wooden boat.
BingoBoingo: devthedev: Also what sort of powerplant does your boat have?
BingoBoingo: devthedev: In that case Buenos Aires still seems a hell of a lot safer, but... Florida would offer me more places to stock up on Rum as opposed to taking the overland route.
BingoBoingo: devthedev: Is it blue water capable?
BingoBoingo: devthedev: I'm not that good at swimming
devthedev: Just move to Scotland, they'll be broken off from Britain soon enough.
BingoBoingo would just like to be employed in the US long enough to own a taxi somewhere else.
BingoBoingo: TheNewDeal: Fucking county mounties on their high horse about last year's alleged misdemeanor
TheNewDeal: I think many would feel the same in your position
BingoBoingo: TheNewDeal: Not yet
BingoBoingo: devthedev: Don't we all
BingoBoingo: devthedev: Just kinda paranoid as fuck
BingoBoingo: devthedev: Not bad
BingoBoingo: Speaking of young how are you devthedev
mircea_popescu: gee whiz look at that. just like south africa over there.
BingoBoingo: !up devthedev
cazalla: poor kids in ferguson, just like the ones in this video, din do nuffins https://www.youtube.com/watch?v=KQfg52m0-4o
mircea_popescu: i read that as "the gay pundit"
assbot: Ferguson Mob Threatens StL County Leaders: If Wilson Get Off, Yall Better Bring Every Army Y Got, Cuz Its Going Down | The Gateway Pundit
BingoBoingo: http://www.thegatewaypundit.com/2014/09/ferguson-mob-threatens-stl-county-leaders-if-darren-wilson-get-off-yall-better-bring-every-army-yall-got-cause-its-going-down/ << Bezzel\
cazalla: apparently heads were gonna roll in the streets of australia
cazalla: gov only just raised the terror alert to high here last week, i'm guessing this is in response to that, they arrested 15, i bet they let all but a few go once their show is said and done
BingoBoingo: I just wonder what the safe way to do BTC-Dollars-Pesos is when Pesos rise to 7 per dollar
BingoBoingo: cazalla: You forget I'm the sort of person at least one local politican wants to equate with Isis even though I am not the least bit fond of Sand Niggers.
BingoBoingo: Like the dream version of the mov kind of involves everything I carry into harware #b-a being paper