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pete_dushenski: the ol' reach-around
pete_dushenski: "Vladimir Putin has attempted to sidestep Western sanctions on Russia’s energy sector by signing a $20bn trade deal that could see his country become the largest importer of oil from Iran."
mircea_popescu: kakobrekla i should hope they will collect over 700k btc and change.
kakobrekla: quick bb, ether will collect over 30k?
mircea_popescu: how much are the shares of a company worth, that's bankrupt and can adjust prices to buffer inflation ?
mircea_popescu: so they go bankrupt
mircea_popescu: figure it out, man : if rates hike capital dries up. all of a sudden all the nude swimmers in the merger and acquisition smorgasbord are now up in thewinds.
ben_vulpes: sure but when the 16 oz can becomes a 12 oz can with a strongly concave bottom, coca cola charging the same amount...
mircea_popescu: right, so if they double gas price people just pay 2x as much for gas.
ben_vulpes: well hang on if the company prices goods in inflating usd they can adjust pricing to match inflation. bonds, as the revered B sez, are a bad bad thing in inflationary situations 'cause paying a price now for money in the future that will be worth less. so confus.
thickasthieves: wtf do they think they are buying
thickasthieves: they just say which way is up and up moves
thickasthieves: GS is so big they dont even care to be sly
mircea_popescu: just how stupid is the average american by now ?
mircea_popescu: when the Federal Reserve starts raising interest rates. The quick takeaway: Stocks look much more attractive than bonds–at least through 2018."
mircea_popescu: they also account for roughly nothing% of that lolfest.
fluffypony: not the VC investors?
mike_c: people who bought ether.
mike_c: i can't even guess. i don't understand the thinking.
mike_c: here's an interesting question. of the BTC held by ethereum investors, what percentage did they give to vitalik?
pete_dushenski: mircea_popescu:http://trilema.com/2014/the-pseudo-bitcoinsphere-feels-just-as-squishy-poo-as-the-romanian-pseudo-blogosphere-felt-five-years-or-so-ago/#comment-104157 << i get a kick out of the "no hipsters allowed" sign. mostly, it's implied consideration of ergonomics
fluffypony: and nobody will be better off if they just held on to their Bitcoin
decimation: interesting that its name derives from a substance whose existence was posited by pseudoscientists until maxwell et.al. set them straight
fluffypony: this time they will make it work
mike_c: no, you guys don't get it. this time will be different. #etherrocks
assbot: ‘Rolling Coal’ and America’s Class War | Theden | Thedening the West
decimation: sometimes kulaks have subtle ways of fighting back: http://theden.tv/2014/08/04/rolling-coal-and-americas-class-war/
fluffypony: the one that was super young and so therefore knew how to handle money?
mircea_popescu: the "ceo" kid.
mircea_popescu: fluffypony: BingoBoingo: I'm pretty sure this isn't like MaidSafe - Vitalik does the tour circuit, and he's been building up to this for a while << so he's the new neoderp, whatever was that kid's name.
mircea_popescu: i'd gladly pay them nothing at all while they worked at overturning their own hierarchy.
decimation: which is why they are willing to work for no pay in 'internships', etc as long as they are working to overturn some heirarchy somewhere
mircea_popescu: validating these twerps is worse than giving them a salary.
mircea_popescu: decimation aka the schmukette in the previous image. noty.
decimation: one who lives in the land of ethics?
mircea_popescu: Shakespeare: Rudder’s response: “To wring his hands all day for a hundred thousand dollars a year?”" << happens to be the exactly correct response.
decimation: ie the incel guy
mircea_popescu: the despicable vulgus considers itself whatever it is that pays. being rich doesn't pay anymore, it's much better to "have needs"
mircea_popescu: no. they consider themselves to be sick, discriminated against and rape survivors.
decimation: but I suspect that everyone in that house considers themselves to be "rich"
decimation: lol I like that the only brick structure is the random chimney sticking through the middle of the roof in a random spot
mircea_popescu: i mean look at the shanty in question
decimation: I don't dispute your point, I just find the irony amusing
decimation: shitty house<< downer's grove is one of the richest suburbs of chicago btw
mircea_popescu: re:mount on roof : the house is the shitty vinyl siding crap they do in the us. there was no place to attach it to the wall, as the thing has no walls.
mircea_popescu: <decimation> re: kickstarter : I think the real product is an illusionist's trick: I'm a somebody because I'm an investor, even though I'm investing chump change for the chumpatron << you're quite correct, in that. it's reddit except expensive.
mircea_popescu: decimation nah, the king's power derives from not substantially and unprofitably moving outside of the joint interest of the barons.
decimation: and the king's power derives from the assent of said baron under the conditions the baron sets
mircea_popescu: you know, the way... wait for it.. the way bitcoin works.,
ben_vulpes: who's the baron of buenos aires?
decimation: ie, the local baron's word is law upon his land?
mircea_popescu: decimation the way it's supposed to work is that you can do it always if you have enough money.
assbot: Joe Horn shooting controversy - Wikipedia, the free encyclopedia
mircea_popescu: for redditards, may begins on the 29th
mircea_popescu: "At the beginning of May, my team and I were assigned to an exploratory project. Typically summer is the off-season and most of the projects are time fillers that result in a few papers/presentations and are then archived and never heard of again. This project was different. We were given a direct research assignment from the Board of Governors a few hours after the conclusion of their May 29th closed meeting."
ben_vulpes: i just want to read the reports about the derpage.
mike_c: you said you're already getting the social benefits.
mircea_popescu: i think you misrepresent the social angle here.
mike_c: well then. unless you need a diploma.
mike_c: yes. could you not teach yourself whatever you want to know faster then they could teach you?
mircea_popescu: i already live five blocks down from it, im already taking the sophomores out for a ride... mgith as well. pretty much everyone's a lawyer here anyway.
decimation: do you have to go to law school to practice law there?
mircea_popescu: so what does the group think, should i go to argentine law school ?
decimation: http://trilema.com/2014/lets-pretend/ "The gold standard used to be the primary means through which the aristocracy got rid of weak or stupid monarchy, " << which is why leftist fantasy has always been the absolute state, which remakes the world according to their fantasy
punkman: it's good that they couldn't sell equity on kickstarter
punkman: enthusiasts buying Oculus bought a product, just not as good as they imagined
punkman: well depends on the product, donations to the church of SOLAR FREAKIN ROADWAYS is the latter
decimation: well, are they actually buying a product? or "investing" in the hope that the product will come to exist?
decimation: re: kickstarter : I think the real product is an illusionist's trick: I'm a somebody because I'm an investor, even though I'm investing chump change for the chumpatron
decimation: I suspect it's the same reason the subject in question paid more than $75k to go to Loyla to get... a pr degree... and was unable to get a job in pr as a twentysomething non-ugly chick
decimation: nah it's illinois, they have 95% humidity in the summer
decimation: http://www.slate.com/content/dam/slate/blogs/behold/2014/07/Boomerang/Annie_Kasinecz_IL_wip1_HIREZ.jpg.CROP.original-original.jpg << was I the only one who thought "why the fuck would your mount an air conditioning compressor on your roof"?
assbot: Potato Salad: By the Numbers » The Kickstarter Blog — Kickstarter
assbot: The Post Office’s Biggest Customers Are FedEx, UPS - MoneyBeat - WSJ
thickasthieves: "Signing up for an online dating site and finding yourself facing constant rejection is a frustrating experience. It's even worse if you're certain that all those cyber-strangers would see what a catch you are if they would just give you a chance to impress. A new dating site offers a solution to this problem"
thickasthieves: they are building themselves a new karpeles in buterin
thickasthieves: Ethereum just passed 17k btc
mircea_popescu: "Eric Curran, 23, Wahoo, Nebraska. Degree: B.A., history and religion, Midland University. Career goal: professor of Lutheran theology or history professor. Current job: education assistant at local public schools. Student Loans: $11,000."
mircea_popescu: meanwhile (for balance) : http://33.media.tumblr.com/tumblr_m7qhokzqOA1qlne6uo1_500.jpg << these are all social studies phd's.
mircea_popescu: it's as if they somehow inhabit some imaginary sort of world where they're somehow important or something.
mircea_popescu: <thickasthieves> sry mp, looks like you have to move! << you know the derps haven't even come to pay homage ?
mircea_popescu: not necessarily a "what's on the shelf right now" mentality.
mircea_popescu: <thickasthieves> they are making accounts to buy what? << i think most people involved with mpex have a different outlook than most people involved with costco.
mike_c: thickasthieves: lol. "the fed is taking this SO SERIOUSLY that they had interns research it"
assbot: The euro as a precursor to Bitcoin | FT Alphaville
assbot: Game Changer: Bitcoin research at the Federal Reserve and how I've lost my job : Bitcoin
BingoBoingo: Or the F.DERP fund when released
thickasthieves: maybe these upcomking derivs
thickasthieves: what was the size of those though? and you imply people paid 30btc to buy SWOL FMPIF?
BingoBoingo: thickasthieves: Well, a good number of things have been IPO'ing these past few months
TomServo: mircea_popescu: Seems fair, my mistake for conflating the two. I probably should've re-read before mentioning, but the timing worked so well. :P
assbot: Log In - The New York Times
thickasthieves: i dont think there's been any notable volume outside of mpoe
thickasthieves: they are making accounts to buy what?
thickasthieves: partly i ask about options due to the new accounts being purchased at mpex
mircea_popescu: moreover, you gotta read the article in question, i'm not going to do random interpretations off the cuff at any random point it may happen to be discussed. at no point in there is it said "closing options because of mtgox's poor repute".
mircea_popescu: TomServo well it's a complex matter, like all history. for one thing, mtgox was a (diminishing, constantly diminishing) part of the total pool. it looked for a while like the problem may solve itself.
TomServo: I mean as far as the options market goes.
thickasthieves: if i recall, i think mp thought they had removed gox, though that wasnt til close to the end
TomServo: And why are the current exchanges any less so?
TomServo: mircea_popescu: On that topic, I've been meaning to ask for a while... I thought Gox was deemed to be of ill-repute well before the shutdown. So why was still seen as a viable price indicator until it's bitter end?
assbot: The S&P 500 Just Fell Out of Bed - Focus on Funds - Barrons.com
mircea_popescu: right, because people who can't afford a piddly 100k are totally entitled to pursue their dreams now. and because people can learn how to make films. in school.
pankkake: I thought it was the lack of reputable exchanges
mircea_popescu: assbot: Damon Casarez photographs young adults who’ve moved back in with their parents. << i hope he photographs them with their clothes on in their own house. which is to say naked in the yard.
chetty: lack of history is a problem all across the spectrum
BingoBoingo: One of the University of Illinois's rare closures came to malaria ~100 years ago. But since the corn growing people here now lack history... Once endemic disease is now exotica
mircea_popescu: (and yes these were corn growing ppls)
mircea_popescu: let me tell you something : 1950s romanian fiction about the life of romanian peastants cca 1900 includes malaria as a common disease.
BingoBoingo remembers first discovering that Malaria, the exotic tropical disease was once endemic to the temperate Middle West
mircea_popescu: yet they never fucking bother to do anything with it, just rehash the same crap.
mircea_popescu: i mean, the trope itself, "eschatological contagion" is like what, 1/3 of all of it ?
mircea_popescu: newton got hit in the head by a falling apple... "hmm how could i turn this bump into a research grant"
chetty: well these days most science seems to get the answer it wants first, then work backwards to the question
mircea_popescu: that's the halmark of speculative fiction. it asks science "and why not" an' science dunno.
mircea_popescu: testament to the sad ignorance of everyone involved.
mircea_popescu: in fact, it COULD be that aids-as part of genome is what makes niggers niggers. as unpleasant at that sounds, it's at least possible, scientifically. yet none of the speculative fiction folk with an axe to grind are using it.
BingoBoingo: Imagine if Khan swung through Africa before hitting Europe and introduced diseases other than "classic" plague
mircea_popescu: for all you know it was part of the ancient egyptian genome, now extinct.
mircea_popescu: think of it : monkeys don't suffer much from it, so it's been around for a while. sure yurpeans "discovered it" but it can't possibly be the first case of interaction.
BingoBoingo: Well, the it is definitely in particular person's genomes now, but... not across most of the species
BingoBoingo: At least it isn't in the human genome like Herpes
BingoBoingo: AIDs though is weird because of how the virus adapts to drugs in situ. Maybe part of this is just drugs that fight it do so by fucking with DNA/RNA expression... Maybe it is just that much of a natural asshole.
mircea_popescu: who's in charge of the lab that raises the tobacco growing it ?
mircea_popescu: who the fuck led the research effort that made ebola strain '#2 ?
mircea_popescu: i think the biggest problem bar none of modern society is that average derp can name a dozen "puas" or "important feminists" or whatever th fuck
BingoBoingo: <mircea_popescu> and like last year something that works as a pre-emptor. << Truvada is the trade name, but this pre-exposure prophylaxis thing has been common for exposed medical workers for years. The new thing is someone let the secret out of the bag.
BingoBoingo: Yeah. AIDs and the resistance it develops is weird.
mircea_popescu: however, the people that had taken pill 1, then a cockail of 1+2 would be significantly less effecual.
mircea_popescu: if one had never taken pill 1, then a cocktail of 1+2 would stop the virus for them, pretty much resolving the problem. it'd never clear, but it'd never advance.
mircea_popescu: only years later a 2nd thing was found. the magic involved was pretty evil, however :
BingoBoingo: mircea_popescu> BingoBoingo afaik there was. << Problem is living cells (where antibodies don't go) harbor the pathogen in the case of AIDs
mircea_popescu: so, aids "had no cure" for a while in the disco era. but then, late 80s/early 90s a certain thing was found that'd slow down its rate, adding 5 maybe 10 years le if well managed. after much hand wringing this was released to the public,
mircea_popescu: BingoBoingo afaik there was.
BingoBoingo: Also why there's no Aids serum working on this principle
chetty: dont dispair, there are always prions
BingoBoingo: Well, this stuff takes time, but yeah... One thing that makes this easier on Ebola and harder on say the flu though is... Ebola doesn't stay latent in cells
mircea_popescu: tbh i think this throws a monkey wrench in the future viability of "big pandemic" scenarios.
ben_vulpes: guess the biologists are useful after all
BingoBoingo: mircea_popescu: The antibodies bind to the virus and... Boom
mircea_popescu: this is sick, so basically they're inserting the missing antibodies thus allowing macrophages and whatnot to clear it ?
BingoBoingo: Generally though if you get a monoclonal antibody that targets something, it's going to kill it. The remarkable thing is they went ahead and found three just to be safe.
BingoBoingo: The serum's basically 3 different antibodies for three different targets on the Ebola virus found by giving mice ebola until they could create clonal lines for the cells producing these antibodies and then making tobacco grow it all
mircea_popescu: it'd be too late, then
BingoBoingo: chetty> lmao, that magic serum they are testing for ebola, made from tobacco << Mouse antibodies made inside a tobacco plant!
mircea_popescu crafitly stops himself before saying something dumb like "about the same texture, too" and inadvertently giving the whole charade away
chetty: I like the big ones better
mircea_popescu: i am having the cutest avocado in the whole world. roughly the size of an ovary.
chetty: lmao, that magic serum they are testing for ebola, made from tobacco
thickasthieves: mike_c he'd never give up the double-consanant
assbot: The pseudo-Bitcoinsphere feels just as squishy-poo as the Romanian pseudo-blogosphere felt five years or so ago. pe Trilema - Un blog de Mircea Popescu.
mike_c: mircea_popescu, when does trilema join the future?
BingoBoingo: mike_c> and now van-ads degenerates into us out-bidding each other to troll each other's blogs :) << This is how markets begin.
mircea_popescu: ie the whole number ?
mircea_popescu: and add a fucking cr , im sick of fishing the otp out from 33ae4284-cdba-46a1-b0ae-8f94f23b74acmirce
mircea_popescu: because of ben_vulpes there's going to be a lot of extra ;;ident spam in here because fuck me if im going to type my keyid.
BingoBoingo: What, I tied of seeing the default van ads while compulsively reloading MPIF tracker
mike_c: and now van-ads degenerates into us out-bidding each other to troll each other's blogs :)
ben_vulpes: blame mircea_popescu the rules are his fault
mike_c: ad network of the future
pankkake: if you provide me with a CSS (or even a full template, venus, the thing used to generate the planet, has templates), I'll enable it
pankkake: by the way, images are replaced by goatse for ip*ds
pankkake: for the lulz, though I've had enough lulz after a few years
mircea_popescu: they can't get laid period ? what is this.
mircea_popescu: i mean, so they're hipsters. we don't take them to bed. you won't even sell them liquour now ?
punkman: mircea_popescu: numbers what do they even mean
pankkake: sometimes I think of banning all macs and all chromes, or removing the thing
pankkake: it's on the whole server, iP*ds are banned
mircea_popescu: punkman neither 8 nor 5 ==== 6500 ?
pankkake: it's not the first complaint
assbot: The pseudo-Bitcoinsphere feels just as squishy-poo as the Romanian pseudo-blogosphere felt five years or so ago. pe Trilema - Un blog de Mircea Popescu.
punkman: "The program has brought in more than $150 million in restitution and fines via five cases from eight whistleblowers. That has translated to more than $15 million in payments to the whistleblowers, including a $14 million jackpot to one person. "
mircea_popescu: punkman does it say how much total $$$ it paid them ?
assbot: Meet the SEC's 6,500 Whistleblowers - WSJ
fluffypony: so I think he's convinced enough people that he holds the key to the future
BingoBoingo: ben_vulpes: Well, you have to fight their Pidgin with jargon
fluffypony: BingoBoingo: I'm pretty sure this isn't like MaidSafe - Vitalik does the tour circuit, and he's been building up to this for a while
thickasthieves: maybe they should make you say why youre buying them too
Apocalyptic: do they have a working prototype yet ?
fluffypony: he speaks the technical lingoz and waves hands and everyone goes "omfg yes, applications on the blockchain, the future!!!"
Apocalyptic: I somehow lost track about how is Ethereum doing lately
punkman: fluffypony: is it good salesmanship, or are the derps just begging for more Mastercoins and Ripples
punkman: now they just need to hold on to that 15k BTC, but something tells me it will find its way to various chumpatrons
fluffypony: lol ethereum
thickasthieves: spider sense is tingling over there not having been a closed/hacked btc exchange lately...
Shakespeare: " the most troubling soundbite arises when Goldman asks if OkCupid would consider bringing in an ethicist to vet the experiments.
assbot: How the U.S. got mixed up in a fight over Kurdish oil with a unified Iraq at stake - The Washington Post
Shakespeare: "A federal magistrate signed three separate search warrants: one for each of the three hidden services. The warrants authorized the FBI to modify the code on the servers to deliver the NIT to any computers that accessed the sites. The judge also allowed the FBI to delay notification to the targets for 30 days."
assbot: Visit the Wrong Website, and the FBI Could End Up in Your Computer | Threat Level | WIRED
assbot: Does Bitcoin Make Sense for Your Organization? - Live Discussions - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas
atcbot: [CoinMiner Hashrate]: 0.06 TH/s [PityThePool Hashrate]: 1605.29 GH/s
ThickAsThieves: I just ordered the newer book
BingoBoingo: ThickAsThieves: It's one of those things that you stumble into ever year or three and have to digest the archives then wish there was more.
ThickAsThieves: i'm currently lolling to 27bslash6 posts ive already read 3 times in the past
BingoBoingo: Maybe call ATC satoshi equivalents "Doge" for the lulz...
BingoBoingo: ThickAsThieves: I think the best move is to always refer to the Altcoin equivalent of satoshis as something different in every conversation.
ThickAsThieves: I flirted with calling ATC "satoshis" altcoins and ditching the decimal, but that would require reliable programmers for hire to fill my fleeting whims when i have them
assbot: Friendship paradox - Wikipedia, the free encyclopedia
BingoBoingo: http://thelastpsychiatrist.com/2014/05/cyberbll.html << "I need an Ambien, I can't sleep." But where did you hear that you needed to sleep?
Vexual: hm, that deletes the other
assbot: We Will Fight Until The End | Zen Magnets
punkman: "No warnings or instructions could be devised that would effectively communicate the [ingestion] hazard so that the warnings and instructions could be understood and heeded by consumers to reduce the number of magnet ingestion incidents."
BingoBoingo: Vexual: Nah, a small profit, but... The way BTC and fiat move against each other...
ben_vulpes: man, the spread on atc's pretty steep.
BingoBoingo: Vexual: It's in the statement
Vexual: any comments on the months atc trade bb?
BingoBoingo: Maybe they should be called Durians as in the fruit
Vexual: those photographs have an arty expensive aire to them
BingoBoingo: Vexual: I usually call them Dorians
Vexual: i wonder if the models were paid?
assbot: Damon Casarez photographs young adults who’ve moved back in with their parents.
BingoBoingo: Eh, the only distributed OMGWTFBBQ chain necessary is the one that tracks BTC/Tide prices
mircea_popescu: don't forget to tip the girl downstairs.
ben_vulpes: or ethereum for that matter.
Vexual: bingoboingo: it was the drones that started the emails flying
ben_vulpes: what the fuck is bitcoin then
mircea_popescu: it's just the current label for bitcoin and bitcoin-forks
ben_vulpes: the best i've come up with isn't even complete
BingoBoingo: ^ The Chinese working on cultivating another export market?
BingoBoingo: "The teams have all been provided with Russian T-72B tanks, except for the Chinese, who apparently came with their own vehicles."
assbot: Tank biathlon: The bizarre new sport invented by the Russian military is just like biathlon... but with tanks.
asciilifeform: on a positive note, the art of bayonet is still taught in usa.
mircea_popescu: rather than a five inch blade with their name on it.
asciilifeform: 'kevlar' cuts great with even the cheapest knife...
BingoBoingo: mircea_popescu> wait. isn't a piece of armor made out of floor tile actually going to SHARPEN the blade on its way in ? << You forget 'Murican series with subsequent blindspot towards sharp objects as a thing to armor against.
mircea_popescu: "my name is ethel mormon and this is the raquetball trick"
BingoBoingo: mircea_popescu: Armor defeated .22 LR and 12 gauge birdshot (thanks to the plate steel used) Failed to .30-06
asciilifeform: the odd thing here, the firing range folks are traditionally - empiricists.
mircea_popescu: wait. isn't a piece of armor made out of floor tile actually going to SHARPEN the blade on its way in ?
asciilifeform: BingoBoingo: the armour made of ceramic floor tiles is a real winner
mircea_popescu: one exists as a private only thing, the other not updated since 2013
mircea_popescu: today i went through the logs. guess how many of these blogs sitll exist today ?

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