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joesmoe: i was thinking about heading down there about 6 months ago before all the china stuff blrew up
mircea_popescu: well im sure there's going to be another
joesmoe: was more interested in the conversation you were having the other day about south america
joesmoe: nah i just wanted to join in the convo
mircea_popescu: punkman: it only ever outputs "lol" though << must be only simulating the left brain
mircea_popescu: lol ok i'll stfu with namworld's 1800s ideas about the brain, jurov handed him his ass pretty admirably :D
gribble: The operation succeeded.
mircea_popescu: ;;later tell ThickAsThieves <Apocalyptic> in other news, ATC price graphs from x-bt on http://atc.blockr.io/
mircea_popescu: Namworld Because let's face it 1. The brain is mechanical << you know what else lets-face-it-is-mechanical ? the fucking atom.
Apocalyptic: in other news, ATC price graphs from x-bt on http://atc.blockr.io/
mircea_popescu: Namworld: fluffypony, the real world doesn't care about reality. << more like the reverse. reality doesn't care for whatever set you happen to have mislabeled as "the real world". probably a selection of terminally unemployable couch surfing webexperts.
mircea_popescu: let's not blame the wrong gal for people's brains turning to shit.
mircea_popescu: this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you << "During her premiership Thatcher had the second-lowest average approval rating, at 40 percent, of any post-war Prime Minister. "
mircea_popescu: Namworld: What kind of checks can they run at all anyway? Dox people? Seems limited to that. << if they don't know why are they pretending to be in business ? "oh, doctors should diagnose people not feed them random pills" "what diagnose can they do anyway"
gribble: littlep1 was last seen in #bitcoin-assets 18 hours, 9 minutes, and 26 seconds ago: <Littlep1> he sent me an email about the corporate failures list threatening to sue me
kakobrekla: jurov just giving credit where the credit is due.
Namworld: But enough distant future hypothetical scenarios, it's not like it has any usefulness, other than maybe entertaining oneself.
Namworld: I'm sure if you could simulate the whole of the system running your 100-byte asm programs, you'd be able to determine when it would eventually finish.
Namworld: It's a very small amount of matter compared to the universe. I'd assume we can refine technology close enough to simulate it accurately, or almost, given the resources out there.
jurov: even most 100-byte asm programs can't be determined whether they'll eventually finish and how
Namworld: Well, I guess, but to predict that accurately, wouldn't I need to accurately simulate all brains in the world, including the Earth and all stellar input that affect those brains?
Namworld: We'll probably have brain control chips before we can get outside the solar system, assuming we're not wiped out by some cataclysmic event first.
Namworld: Unlike other things like wormholes and FTL through space compression, which are not yet falling within certain laws of physics and aren't thought to be likely. The conditions needed to make that happen are huge and uncertain.
Namworld: But given the time to get the tools to do it, it's not unrealistic. It falls under the current known laws of physics.
Namworld: I never said we were there yet. The brain is extremely complex. So many molecules of all kinds, complex structures.
jurov: even neural network simulators were found to have weakness - researchers were able to imperceptibly (to humans) change the samples which the neural networks miscategorized
punkman: the technology of the demagogue is as old as dirt, who needs brain-controlling computars
jurov: the brain is not "mechanical" in contemporary technology sense. it's wetware with myriads of interlocking electrochemical processes
Namworld: Eh, misuse of new technologies for the purpose of enslavement is nothing new.
pankkake: well, that's the next step
Namworld: I was more hinting about technology eventually reaching brain control chip level and the technology being applied to everyone. Because let's face it 1. The brain is mechanical 2. You can control just about any sort of machine given the time to develop the approriate tools 3. Someone at some point in time will try to get it installed on everyone for selfish purposes.
pankkake: they're already feeding a large chunk of the population with antidepressants
Namworld: I really hope the "mentally ill" group doesn't include the whole Earth population
jurov: pankkake: i really hope these electrodes end up as ignobel candidates, too
assbot: Gay bomb - Wikipedia, the free encyclopedia
fluffypony: KILL THE MALAYSIAN PRIME MINISTER!
Namworld: If there's no criminal record, it's good enough. Notice I said the real world didn't care about REALITY.
fluffypony: or even worse - they could be 100% genuine and yet still be involved in completely baseless court action that someone has taken against them (pissed off ex-girlfriend or ex-employee or ex-business-partner)
fluffypony: Namworld: but what does knowing their real identity do? they could have run all sorts of scams and just not (yet) been caught, they could have had out-of-court settlements and all sorts
Namworld: fluffypony, the real world doesn't care about reality. You dox people and that's it.
jurov: this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s. << lol if only margie t. heard you
fluffypony: the person is a) known, b) trusted by some when trading / lending / borrowing / dealing, c) has been around for a while, d) has not absconded with funds in the history of their presence on the WoT
fluffypony: which is what the WoT provides
Namworld: What kind of checks can they run at all anyway? Dox people? Seems limited to that.
fluffypony: "havelock should hv done their checks on him and not offer scam companies."
Namworld: That's the most logical explanation I can find, and it's not very logical, but eh.
Namworld: The mermaid, he must recognize her, must be one of his local hookers.
gribble: The operation succeeded.
fluffypony: ;;later tell benkay F.OLD as the symbol?
cazalla: the one with the crooked fkn zebras
TheNewDeal: not familiar with the one you're referring to
cazalla: dw, it's like the Oklahoma Michigan bet and nobody had that one
TheNewDeal: cazalla would you like to buy some of my exposure to the bastille day bet?
gribble: Claire Danes - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Claire_Danes>; Claire Danes - Biography - IMDb: <http://www.imdb.com/name/nm0000132/bio>; Claire Danes Biography - Facts, Birthday, Life Story - Biography.com: <http://www.biography.com/people/claire-danes-20691429>
TheNewDeal: I've got the diff change happening around 06:00 on 6/18 GMT time
thestringpuller: the diff change
cazalla: don't sweat it TheNewDeal, it's a lock
thestringpuller: i'm also one of the few people here who's fiat cashflow > crypto cash flow
TheNewDeal: I felt the desire to take a risk with an a decent amount of my capital on something that actually can be calculated easily
TheNewDeal: I've got a lot of my stake invested in the Bastille Day, starting to make me sweat
TheNewDeal: http://bitcoin.sipa.be/growth.png this one makes it look like august/september (if the trend continues*)
TheNewDeal: I haven't the slightest clue
benkay: TheNewDeal: care to take a guess at when the diff will finally reverse?
gribble: Error: Something in there wasn't a valid number.
TheNewDeal: still looks like there should be a third change unless things start going backwards
TheNewDeal: I'm updating TheNewDeals estimate to 4.8% increase
smickles: they are tired, i did it too late in the day
smickles: TheNewDeal: awfully
TheNewDeal: how did bathing the little shits go?
smickles: ah, speaking of that. I have to give them a bath. bb in 20 min or so
BingoBoingo: smickles: Either that or the kids will be out of the house.
mircea_popescu: smickles if it's <1 they justcan't self voice anymoar.
smickles: do people get de-voiced if assbot has a low L2 of them?
smickles: maybe just the beginning
mircea_popescu: haha. i don't even recall, where you here when logs were introduced ? the bash ?
smickles: it's like the channel just went on without me
mircea_popescu: TheNewDeal well yeah that can happen. it's rare
gribble: Currently authenticated from hostmask smickles!~ec2-user@ec2-54-227-61-57.compute-1.amazonaws.com. Trust relationship from user assbot to user smickles: Level 1: 0, Level 2: 8 via 8 connections. Graph: http://b-otc.com/stg?source=assbot&dest=smickles | WoT data: http://b-otc.com/vrd?nick=smickles | Rated since: Wed Jan 4 21:28:52 2012
mircea_popescu: you gotta id with gribble then pm assbot !up to get permavoiced.
mircea_popescu: meanwhile the channel went +m
mircea_popescu: TheNewDeal becase back when bitbet was invented we didn't have an0 yet.
TheNewDeal: the way they report it now - with bets made taken as a windfall, and bets resolved as a gain, kind of hides their results of their bets
TheNewDeal: btc not the king?!?!
mircea_popescu: which is why the stability of the investment universe is actually drastically more important for bitcoin than for fiat.
mircea_popescu: which brings us to the problem : because bitcoin is fixed, a 95% investment situation will be unavoidable statistically. as the value of all paper will much exceed the value of cash btc available, willy-nilly.
mircea_popescu: soyou know, gotta take what the man says with a gtain of salt.
mike_c: ok.. perhaps this will bring our lines of thought closer: in my theoretical model, someone with as much bitcoin as you should absolutely not be 95% invested.
mthreat: buffett talks about that a lot, e.g. from 1994: "Though there are as many good businesses as ever, it is useless for us to make purchases that are inconsequential in relation to Berkshire's capital. … We now consider a security for purchase only if we believe we can deploy at least $100 million in it. Given that minimum, Berkshire's investment universe has shrunk dramatically.
mircea_popescu: this is why i introduced the bitcoin gambling thing. to point out that the world is a snowglobe whether you are big enough to notice or not.,
mike_c: ok :) fine. so if you assume the people worth talking about all have an enlarged capital base, then we can scope the conversation to that.
mircea_popescu: but would be the opportunity of a lifetime for a random girl off twitter.
mircea_popescu: like you know, a dribblet of cum i spilled on the floor is something my well sated slaves ignore
mircea_popescu: it's a waste of everyone's time, just, others don't have the luxury to notice.
mike_c: it is the opportunity of a lifetime for the guy with 100k.
mike_c: with a huge capital base you don't even consider the pizzerias
mircea_popescu: or, there's benkay's ocean mining conglomerate, which will gain 10% over the same decade
mircea_popescu: mike_c well, there's this chain of pizzerias, which will be doubling each year for the next decade, yielding a bunch of pizzerias.
punkman: aesthetics are important
mircea_popescu: you're taking the bacterium ?
mircea_popescu: to put it another way : behind door A there's a bacterium. in the proper agar it doubles every half minute. behind door B there's a naked buxom beauty. you can pick either door, the prize will be entirely yours to dispose as you please.
mircea_popescu: what's the percentage matter.
mike_c: only so much time in the day. it is unprofitable to spend it on endeavors that can't return a reasonable percentage on my enlarged capital base.
mike_c: but, not to sidetrack if that wasn't the main point.
mike_c: removed from the world of "profitable options"
mircea_popescu: the fact that you don't want to do it doesn't mean it's been removed.
mircea_popescu: as a smart guy you can still say all thestupid shit you may want to say
mircea_popescu: as a hot guy you can still fuck all the ugly chicks you want
mircea_popescu: this is precisely why i said earlier 200bn isn't the concern. the bigger you grow, the more deals are exposed to you.
mircea_popescu: EXCEPT if you're worth ~7 mn btc. then the deal is actually fair for both ends.
mircea_popescu: in fact, the poorer you are, the further your fair deal is forsanity
TheNewDeal: depending on the odds
mike_c: you mean 100 vs 20999900? then yes.
mircea_popescu: but if you were proposed to either lose all your btc or win all the btc there are, then it'd be a fine shot ?
mircea_popescu: mike_c now, could we say that since you're proposed to either lose all your money or win 100 btc this deal isn't very good,
mike_c: mircea_popescu: and i mean of course not on the betting or investing side.
mircea_popescu: consider all you have is 100 btc, and jd offers you a shot at 200 btc. would you take the deal ?
mircea_popescu: the more a % of your stake the income is, the more risk you take.
mircea_popescu: it'll skew the optimal towards more risk
mircea_popescu: TheNewDeal now model a beting situation where you also have income
TheNewDeal: i just read your article about kelly the other day
mike_c: so, TheNewDeal: kelly says in the simple case (1:1 bet) to bet your edge.
mircea_popescu: well, you familiar with the kelly criterion ?
TheNewDeal: whats the magic %age
TheNewDeal: in reference to the mike_c 95% invested
mircea_popescu: TheNewDeal wait what ?
TheNewDeal: MP, so what's the magic number of % assets invested for us young guns
mircea_popescu: thestringpuller that'd be the best construction lol
thestringpuller: all for the lulz
benkay is on tenterhooks, goes back to the editor
mircea_popescu: actually that's not particularly concerning, the size.
mike_c: he owns lots of companies outside US, and the US companies sell more product outside america than inside. US could get wiped off map, and as long as Omaha was left standing he'd be ok.
mircea_popescu: this won't hold in the future.
mircea_popescu: i wouldn't want to be in his shoes. he's saved by old age, and by the fact that business cycles used to be slow.
mircea_popescu: the class risk is exactly that. he's now stuck derping about how "america will prevail"
mike_c: let's take a fiat example. warren invests in good companies with durable competitive advantages and global footprints. what's the class risk? he only invests in good companies?
BingoBoingo: Not necessarily bad returns, but... neutral returns like holding coin otherwise uninvested and other brussel sprouts.
mircea_popescu: the class risk is that in general, all the fashionable stuff in any space tends to go belly up together a lot more than a "unrelated" model would seem to indicate.
mike_c: so the class risk is that all BTC bizness could go belly up?
mircea_popescu: this is besides the point tho
mircea_popescu: ie, they're all into pirate.
mircea_popescu: ie, they're not likely to be unrelated, whether you know this or not.
mircea_popescu: the reason the theoretical you wants to buy "shitty" investments is that buying all the good investments and only those exposes you to a class risk
mircea_popescu: which conveniently fixes the shotwound in my idea.
mike_c: i'm not saying put 95% of your cash in pirate. or in a variety of investments that are all actually putting their money in pirate.
mike_c: lots of investors jump off buildings during every crisis cuz they are dumb.
mircea_popescu: recently killed himself, over the net results of the wrong answer to that question
mike_c: why sit around with a huge cash balance that isn't growing when there are good investment opportunities?
mircea_popescu: your theoretical model would be broke.
mike_c: my theoritcal model would be 95% invested, yeas
mircea_popescu: mike_c your theoretical model.
mike_c: to be clear (for the last time) we aren't talking about me, but what I would recommend.
mike_c: ok. seems like a broad definition, but then yes, i suppose the theoritcal me is invested in securities.
mike_c: theoretically JD isn't a security, it's bankrolling a casino.
mircea_popescu: doesn't have to be the personal you. the theoretical you, as described by must always eat cake
mike_c: hypothetically what do you call panacea? that's not stock and shit
gribble: The operation succeeded.
benkay: the domain man.systems is available
thestringpuller: "if your brother was a good king, he'd still be alive" -tywin
bitcoinpete: mircea_popescu benkay tallits also bulk up the shoulders nicely, hiding the kind of scrawniness that can only come with paper pushing
mircea_popescu: kakobrekla: <frankenmint> like if the market goes sideways then use arbitrage otherwise play swing trades < yes make it so if the market goes sideways then use arbitrage otherwise play swing trades << the humour of this has not been lost on me.
mircea_popescu: frankenmint: why couldnt i simply pass on the link directly to the cli << you could open the link in a browser and past the contents directly to the cli
benkay: social conformity, 900 others, bla bla bla
mircea_popescu: that's the heart of all conspiracy
mircea_popescu: benkay just sayin', you never know what the REAL purpose is.
BingoBoingo: mircea_popescu: Generally in the US baseball caps are used to hide bald spots and thinning hair. I kind of though tthe concept was cribbed from the Jews.
benkay: tallit's an important gift to the newly adultified.
benkay: that's to display wealth with fabric, thread and dye, not to conceal the rotundity of being well-fed.
mircea_popescu: but there's a shawl too.
benkay: lol what did they start caring about their guts?
mircea_popescu: imagine, a whole people of men who don't have to worry about their thin spot anymore.
mircea_popescu: by the way, whilke going through bsas' jewish quarter today it occured to me : what if the yamaka exists solelyto hide baldness ?
mircea_popescu: BingoBoingo nah, it'll be yet another famished dc lawyer.
mircea_popescu: if you gave your name, the policeman was not at liberty to doubt your word.
mircea_popescu: pankkake: but you give them your name!! it must be true :) << actually this is how england worked, back when it was still a respectable country, up until the socialist revolution of the 80s.
BingoBoingo: I'm guessing the first Secretary of crypto is probably going to be Jay-Z or Ashton Kutcher, because VC celibrities in the flea circus like to imagine celberities in the Hollywood circus care for them.
BingoBoingo: Wasn't that the first draft of the S.NSA logo?
mircea_popescu: in a few years it'll be practically speaking la serenissima vs a horde of mindless zombies controlled by the secretary of crypto, labour, housing, healthcare and other human services
mircea_popescu: BingoBoingo so far, it'd seem the playbook of the vc twerp is, "1. eat as much conference rubber duck as possible ; 2. show trial ; 3. become usg informant"
mircea_popescu: davout: yup, they're blessed with this situation where they have a financial entity backing them, but lets them do the kyc diligences themselves << dubious blessing.
BingoBoingo: I mean they've been hinted at, but some people probably won't believe until they are wearing an breathing aparatus and hoping it holds so the Radon doesn't asphyxiate them.
BingoBoingo: mircea_popescu: Maybe the problem is the uranium mines have been unveiled yet?
mircea_popescu: benkay: and the best question yet: why are any of these fuckers still making noise? << apparently, lack of any sort of conservation instinct.
mircea_popescu: anyway, this unearthed a bug in the credits script so you get double credit mthreat
mircea_popescu: i had no idea they did that, moreover, pretty sure they didn't USE to do it.
BingoBoingo: mircea_popescu: The best part from he being a practical nobody is that there is a still lesser class such that even nobodies need autoresponders to dismiss them.
mircea_popescu: bitcoingirl: i think Kraken and circle are the drivers of the operation << SV "Bitcoin" VCs are quickly becoming this place elephants go to die.
gribble: The operation succeeded.
mircea_popescu: BingoBoingo the bestpart being that the susie chick is practically nobody anyway.
assbot: The dream of having computers behave like humans is coming true, with the transformation, in a single generation, of humans into computers.
assbot: New inbox filter for emails containing "New York," "coming to the Bay Area," "writing an article," "pick your brain" ---> auto-reply "NOPE."
mircea_popescu: kakobrekla: no coinbr account? then one must resolve to hookers. << you mean resort yea ?
bitcoinpete: didn't see my name pop up in the logs...
gribble: The operation succeeded.
mircea_popescu: the tarzan kid or w/e his name is has started a trend nao
mircea_popescu: im starting to suspect davout has been sleepingon the couch for like a week
davout: mthreat: not to nitpick, but there's no such thing as a rest request
decimation: I would do exactly what a monk in 1300 would do - make a concordance of each day's logs and then make an index of the concordance
mircea_popescu: there is nothing smarter than grep gtfo
davout: mthreat: the search should be as dumb as possible imo
mthreat: ok i'll look at it. it's easy to change the ranking function
mircea_popescu: there mthreat, first link/
gribble: What the WoT is for, how it works and how to use it. pe Trilema - Un ...: <http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/>; Advanced WoT course : how the WoT is attacked, and how ... - Trilema: <http://trilema.com/2014/advanced-wot-course-how-the-wot-is-attacked-and-how-it-defends-itself/>; On periphery and the peripheral. Ephemerides are also ... - (1 more message)
mircea_popescu: ;;google trilema what the wot is how to use it
gribble: Ammo - World Of Tanks: <http://wiki.worldoftanks.com/Ammo>; The Definitive Idiot's Guide To High Explosive Ammunition - Game ...: <http://forum.worldoftanks.eu/index.php?/topic/312414-the-definitive-idiots-guide-to-high-explosive-ammunition/>; World of Tanks: High Explosive Ammo Guide (HE) - Glenn0010 ...: <http://www.youtube.com/watch?v=9qGn9FxdhXw>
mircea_popescu: ;;google what the wot is how to use it
mthreat: I was going to use something like log(poster's WoT score) as the "pageRank" equivalent for ranking the results
mthreat: mircea_popescu: is there an API to get the logs? not hard to write a crawler for it, but an API would be nice
kakobrekla: you need to index all the shit then
mircea_popescu: i was going to ask you in a few days but then i ated it.
decimation: hehe well the amusing thing about it is that loads of "spiritual" new-age white people (eat pray love) come here to find themselves a culture, because they aren't allowed to have one back in the mainland
punkman: I was working on a log search thingy but then I forgot about it, ask me again in a few days
mircea_popescu: decimation sounds like someone on their way to cultural sensitivity boot camp
mircea_popescu: davout this because caps are evil in the ass of the lord.
decimation: So I'm on vacation in Maui, and I find the local "Hawai'i" culture amusing. Mostly it's white people and the descendents of Korean slaves pretending to have something in common with war-like primative tribes who used to live here.
mircea_popescu: but anyway, this will become a serious problem, already i spend too much time searching the logs
mthreat: mircea_popescu: I've been thinking about making a log search. A handy search-as-a-service might come in handy there.
davout: kakobrekla: the log already chokes on nicks containing caps
gribble: (search <word>) -- Searches for <word> in the current configuration variables.
decimation: limit searching to those in the wot
decimation: the problem with everything is idiots and spammers
mircea_popescu: actually i imagine the logs'd be in a db anyway rather than in files
mircea_popescu: but i mean, just run grep and report the results on a page
kakobrekla: look at google and they still dont have shit together
cazalla: clearly i've been looking at the wrong alex jones
mircea_popescu: bitcoingirl:idk how to find it << kakobrekla how hard it'd be to add full log search ? google is a bitchy little piece of shit that's not indexing half the days.
gribble: The operation succeeded.
decimation: http://fish2.com/ipmi/river.pdf << problem: c-machines are buggy and crash all the time ... solution: glue another c-machine on top of the c-machine ... problem: hardware vendors have crap security on new c-machine ... and you can't examine the firmware
davout: dub: the guy has a point
dub: Today, a young man on acid realized that all matter is merely energy condensed to a slow vibration.that we are all one consciousness experiencing itself subjectively. There is no such thing as death, life is only a dream, and we're the imagination of ourselves. Here's davout with the weather
mircea_popescu: "A person essentially help to make seriously articles I’d state. This is the first time I frequented your website page and thus far? I amazed with the analysis you made to make this actual publish amazing. Magnificent activity"
pankkake: (had to look up the word). nothing and it's very hot
assbot: Insomnium - Shadows Of The Dying Sun 2014 (FulL Album) - YouTube
kakobrekla: just imagine 200 derps on the chan going |away |sleeping |eating |fucking |cowmilking
kakobrekla: Swadq|Away dont do the away thingy, ktnx
kakobrekla: frankenmint the answer to your next question is exactly
kakobrekla: <frankenmint> like if the market goes sideways then use arbitrage otherwise play swing trades < yes make it so if the market goes sideways then use arbitrage otherwise play swing trades
gribble: WARNING: Currently not authenticated. Trust relationship from user thestringpuller to user bitcoingirl: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=bitcoingirl | WoT data: http://b-otc.com/vrd?nick=bitcoingirl | Rated since: never
assbot: Milky Chance - Flashed Junk Mind by hillydilly.com on SoundCloud - Hear the worlds sounds
Swadq: I'm afraid I don't know, that's not the sort of bot I run :p I hope someone else can help you
frankenmint: like if the market goes sideways then use arbitrage otherwise play swing trades
frankenmint: is there a recognized rule of thumb for switching a strategy
gribble: Currently authenticated from hostmask jurov!~jurov@mx.coinbr.com. Trust relationship from user thestringpuller to user jurov: Level 1: 4, Level 2: 13 via 7 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=jurov | WoT data: http://b-otc.com/vrd?nick=jurov | Rated since: Fri Jan 20 18:16:32 2012
thestringpuller: and that jurov is the best broker ever
jurov: also, there's that interesting difference between GLBSE and MPEx
bitcoingirl: the shavers case hasn't gone to trial yet
bitcoingirl: but that's for the courts to decide
bitcoingirl: its just not fair for the sec to charge voorhees with offering securities before offering any guidance

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