mircea_popescu: dudes gotta come off their pipe.
datz_: ok darn so IRC is too cheeky and suspicious to let me list here. don't say i didn't offer you the opportunity. will just have to stick with my own decentralized exchange :)
copumpkin: the tech is shit
mircea_popescu: im getting carpal over here just downloading all these cookies.
mircea_popescu: and now for the hardest task of all : to attend to my 173 messages inbox, which so far all consist of "hey you're so cool!"
datz_: the one guy i worked with used IRC stole 2.8 million XRP from me
copumpkin: I've built my own chat programs but nobody is on them :P
copumpkin: datz_: IRC isn't about the platform, it's about who you find on it
mircea_popescu: datz_ thats nice, but listing is purely a fiduciary exercise. you have to be trusted, for which you have to be known. so you know, spend a year reading the logs.
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user datz_: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=datz_ | WoT data: http://b-otc.com/vrd?nick=datz_ | Rated since: never
pizzaman1337: matthew_boyd: "worth more than Berkshire" doesn't accurately describe the bet, at all: http://bitbet.us/bet/786/bitcoin-to-surpass-berkshire-as-an-investment/
ThickAsThieves: the BRK bettor already saying he won't bet cuz it's in bitcoin
mircea_popescu: make the thing he died for die with him.
ThickAsThieves: i think they also got distracted by Ultimate Fighting
mircea_popescu: it's just... once they made it safer it became whatever.
mircea_popescu: TomServo hey, what can i tell you. it's not that i didn't like it because they made safer
jurov: The exp tends to fall to most inconvenient times
TomServo: mircea_popescu: I don't see the harm in making it a bit safer, the danger is still present
jurov: Any blog abut the brk-a bet background?
mircea_popescu: the point of life isn't to avoid people getting killed.
mircea_popescu: TomServo his dying resulted in them trying to fix "problems" which were wholly imaginary.
LordPutin: wow i would take the no for sure
ThickAsThieves: yes, yes is the aque color
mircea_popescu: just you now... narrowly missing the no condition.
mircea_popescu: the funniest shit will be if the us inflation goes bonkers this year, berkshire ends up ~2mn by next march, bitcoins trade ~6k ish
Duffer1: what was the market cap of BTC this time last year? i'm sure it was already well beyond 200k..
mircea_popescu: lifting all that moneys up to the BitBet coinslit.
mircea_popescu: gotta love these fiat guys. 0.00450000 at a time, srsly, don't give yourselves a hernia folks
Diablo-D3: seems like a lost oppertunity there
Diablo-D3: .... you know, why has there never been a financial blog for bears named bullshit?
ThickAsThieves: the flashes
Diablo-D3: he basically Snowdened the Jews.
ThickAsThieves: either way everything turned white and i almost passed out
mircea_popescu: ThickAsThieves was it because the nude chicks behind glass ?
Diablo-D3: he said, and this is why he killed him, "all this shit they make you do that God didn't expressly say do? stop doing it. God didnt tell you to do that."
mircea_popescu: but by the time it gets to "you gotta wear this thing" it's gotten real old.
ThickAsThieves: the next time was in Amsterdam :)
mircea_popescu: i mean religion is one thing, as a theological pursuit, you know, whatever, let's sit around and discuss the beard of the teapot in the sky
ThickAsThieves: oddly it was the first time I ever had hot flashes and almost fainted
mircea_popescu: the shit people come up with, i swear.
mircea_popescu: ThickAsThieves did you get a little white tutu and everything ? or do they only do that for girls
ThickAsThieves: gotta do it for 8 years before you can leave the scene
ThickAsThieves: wrestling was always the hot topic whilst learning about jesus
Diablo-D3: they made fun of bush and it stuck
ThickAsThieves: due to them being the same day, i have an odd association with WWF and Catechism as a child
balulasch_: and they take it for real
Diablo-D3: only had friends who watched it and they wouldnt shut up about it
mircea_popescu: yeah was before sena died and they fucked up f1
mircea_popescu: which reminds me, when i was a kid there was this wrestler dubbed bam bam biggelow
mircea_popescu: Diablo-D3 but i'm not a brony. perhaps the only bitcoin veteran in this sad situation.
mircea_popescu: yeah the ! is pretty good.
Diablo-D3: the only way that could have come out better is
ThickAsThieves: my favorite is how all their Yahoo headlines have ! after every word
ThickAsThieves: Can you tell I've been reading TheRegister for more than a decade?
mircea_popescu: lol ima gonna have to end up buying a barony in the end
ThickAsThieves: i aalways thought most people lived as parodies of themselves
mircea_popescu: i guess the world is split in tow sorts of people : those who aspire to be so lucky to live to be our own parodies, and those who aspire to be so lucky to die before that.
ThickAsThieves: in less than a year I learned a bunch of stuff about Buffet, and then the first letter I get to read as it is release, reads like satire
ThickAsThieves: well he can only lean on the inertia of BRK so hard til it falls over
mircea_popescu: ThickAsThieves oddly, he doesn't say the same of government-sponsored transfer of wealth from the middle class to the lower class. that's fine, iho.
ThickAsThieves: and Buffet would say of this bet, "The bet is a perfect example of why Bitcoin is a bad investment, it is speculation and gambling at its purest!"
Neil: I'd join in then.
mircea_popescu: ThickAsThieves anyway, that's the genius of it :D
ThickAsThieves: the excuse will be, I don't wanna have to buy bitcoins to bet against bitcoin
Neil: Or will say their winnings will be near-worthless, yadda yadda.
mircea_popescu: "they choose not to run", perhaps ?
Neil: Unfortunately those who don't believe in bitcoin will not have bitcoin to spend on the bet :)
mircea_popescu: kinda why the article is adressed to the would-be financiers of wallstreet and generally the world's pretend-bankers.
Neil: You mean, if you're not a bitcoin believer? Then yeah. But I'm quite confident BTC will outperform Berkshire.
mircea_popescu: "honey, there's a 1000:1 bet that berkshire will outperform bitcoin in 2014, and i'm not taking it"
mircea_popescu: perhaps this is the best line to explain to noobs why bitcoin is so powerful :
Neil: Gotta say despite the odds I'm not gonna bet No on that one.
ThickAsThieves: sets the tone for any new visitor
mircea_popescu: you never know when a diff bet comes and swoops the top spot you know ?
Neil: Oh dear; I now have 12 months of loading bitbet to see Berkshire Hathaway at the top.
mircea_popescu: maybe they have a chance to matter in a year or w/e.
mircea_popescu: yeah well. tell them to start making proper reports and stop with the nonsensical "we are great ra ra ra" bullshit,
ThickAsThieves: it'd take about 200btc to double the price
ThickAsThieves: pumping your stock in here won't move the price
ozbot: blues brothers - sell me your children - YouTube
balulasch_: do you think the total wagered coins on bit777 main page are made up?
mircea_popescu: bullshit corp made out of bullshit, worth ~the going rate for bullshit in your jurisdiction.
mircea_popescu: balulasch_ can you calculate the odds of a block taking 30 minutes to solve ?
mircea_popescu: somebody really should check out the block timing, there may be some sort of issue here.
ThickAsThieves: out there*
ThickAsThieves: it's hard there for a pimp
mircea_popescu: also if anyone wants to put it on reddit (and thanks jcpham for mentioning the lulzy reddit "bet", he inspired me)
mircea_popescu: that's the big news
ThickAsThieves: blame the Real Nigga God
mircea_popescu: dude how does this shit work. 35 minutes for a block, then 3 blocks in 3 minutes.
Apocalyptic: why would he wait for a tx to clear then ?
Duffer1: well ya but there's good bits too :P
nubbins`: <balulasch_> bs talk all the way <<< lel he's right ;(
balulasch_: bs talk all the way
balulasch_: just read a lot of the channels log aswell
ThickAsThieves: maybe they'll release it yesterday
balulasch_: hope they will release it today even though its sunday
ThickAsThieves: what's the big news?
dub: pulling the plug on mpex ponzi
balulasch: I visited bit777.com 2 days ago and looked at the total wagered Bitcoins. Cant remember the exact number but as I visited today I could swear that the number was at least 10,000BTC higher. This means there must be a very huge volume. Considering the fact that bit777 is the property of casinobitco.in makes the companys stock worth on havelock seem heavily underrated imho.. I'm waiting for the new 2weekly statement like how I
ozbot: The Office- Michael Scott No God No - YouTube
Neil: The Bastille day bet could become a big upset
Mats_cd03: he has the one share i imagine
dub: theres an alt concept for you. BitKony (2014)
mircea_popescu: and like... who knows what other perversions. talking to girls prolly.
dub: we could at least run bitconi for a year and the world would only be half as retarded
Diablo-D3: dub: what was the outcome of this
dub: meh its too hard to explain how the world works to someone thats never had a job
mircea_popescu: "Other things being equal, the highest stock market prices relative to intrinsic business value are given to companies whose managers have demonstrated their unwillingness to issue shares at any time on terms unfavorable to the owners of the business."
mircea_popescu: there's ample caselaw showing both the "putting a gun to your head does not constitute forcing you" argument and the "minding your own business and cultivating your own field amounts to forcing other people" argument.
mircea_popescu: "nobody is forced to talk to the da", as exemplified by my earlier link, for one side of the coin. "wage slavery" equals forcing people to x y z on the other.
mircea_popescu: Neil you'll be surprised by how creatively "forced" can be interpreted by politics, in either direction.
Neil: Nobody's being forced to run the bitcoin network, hence no problem.
mircea_popescu: turns out trusting the usg isn't a workable policy. who knew.
dub: expect there is a lot of that going on, why run lean?
mircea_popescu: http://mobile.nytimes.com/2014/03/15/business/an-underling-among-the-officials-accused-of-fraud-at-dewey.html
Mats_cd03: Amex is operating in the stone age
mircea_popescu: there's problems, see, and pros solve problems. then there's kerriblems, and kerry solves those.
dub: a Real Problem in the john kerry sense
dub: anyway having a tiny fraction of the costs of incumbents sure sounds like a serious flaw
mircea_popescu: he's in there since before greenspan o.o
dub: probably to process a reciept for every bullet the USG buys
mircea_popescu: or w/e is the ceo by now
mircea_popescu: dub amex is one of the majors.
dub: they are fairly small as payment processors go right?
lnovy: that problem will fix itselfs by the market...
MisterE: if you want to fix the problem force miners to reclaim wasted heat
lnovy: electricity burned is almost directly transformed into network security which more or less directly affects price. The real problem and wasting is not with distributed mining but with nondistributed chain verification as this needs to be done by every participant indepently and every new member of network need to check whole chain. This is a problem that will kill ethereum very quicky as you are actually not paying transaction fee for inclusion i
Dimsler: is the distribution of new coins
Dimsler: the real fatal flaw to bitcoin
ozbot: The Bitcoin network costs nearly $1 billion a year to run. : Bitcoin
Dimsler: http://www.reddit.com/r/Bitcoin/comments/20iem7/the_bitcoin_network_costs_nearly_1_billion_a_year/
gribble: WARNING: Currently not authenticated. Trust relationship from user tim-tams to user majinx: Level 1: 0, Level 2: 10 via 9 connections. Graph: http://b-otc.com/stg?source=tim-tams&dest=majinx | WoT data: http://b-otc.com/vrd?nick=majinx | Rated since: Tue Jul 3 13:05:15 2012
ozbot: The Bitcoin network costs nearly $1 billion a year to run. : Bitcoin
Dimsler: http://www.reddit.com/r/Bitcoin/comments/20iem7/the_bitcoin_network_costs_nearly_1_billion_a_year/
mircea_popescu: wao-ender i guess they'll call a general mobilisation again
moiety: @savethemhood just appeared and tipped massive amounts and freaked me out. its a super young twitter too
moiety breathes
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
wao-ender: v0v, they are IN http://mfa.gov.ua/en/press-center/news/19559-zajava-mzs-ukrajini-u-zvjazku-z-visadkoju-15-bereznya-desantu-zbrojnih-sil-rf-v-khersonsykij-oblasti
moiety: pet the dog! see you have a ood day :)
moiety: is there much trig in slavery?
mircea_popescu: and i don't think she really groked the circle thing
moiety: whats up with the firstone's face? is that a dude too?
moiety: he didnt have a clue whathe was doing
moiety: we had a locum from spain that almost killed everyone because they were trying to savemoney
moiety: you should see the beach matches!
mircea_popescu: they're getting ready to play
moiety: i don't either!
moiety: lol it was silly o'clock in the morning when i did
mircea_popescu: "All 10 presidential candidates for the April 5 election have said they would sign the security agreement if elected. But Karzai does not want his legacy to include a commitment to extending a foreign military presence."
gribble: bingoboingo was last seen in #bitcoin-assets 19 hours, 4 minutes, and 19 seconds ago: <BingoBoingo> tim-tams: Unstyled html lists and tables are the new marble columns and granite steps
ThickAsThieves: "HP TippingPoint's Pwn2Own competition netted researchers $850,000 as all the major browsers – Chrome, Safari, Internet Explorer and Firefox – fell to attacks within the 30-minute timeframe for each, along with Flash. Only Java held up to the time-limited attacks, although researchers attempting to crack Oracle's code did come up with some interesting techniques that just took too
mircea_popescu: "Was trusted" around here in the past. You lost trust months ago and it will take months if not longer to get it back.
mircea_popescu: anywya, mike_c is the winner of the little unofficial competition "who gets the lowest btc invite"
mircea_popescu: if i recall he got well plastered clubbing last time, mebbe the lady objects.
ThickAsThieves: i talked to him like yesterday and he said he was gonna try, not sure if he realized how close the deadline was or not
ozbot: The conference, second edition pe Trilema - Un blog de Mircea Popescu.
FabianB: uh, then i got that wrong
ThickAsThieves: interesting, if not obvious, stat I heard: 85% of new businesses in the US are started by immigrants or their children
FabianB: mircea_popescu: (regarding idfiff) yes, but my guess is they weren't created directly after last excercise, probably in february, but who knows
peterl: This whole thing makes me angry to be an American, unfortunately the current government would respond violently to threats of secession
asciilifeform: old, old world. nobody switched off the 20th c.
asciilifeform: and woe be unto any who won't delight in the chocolate flavour.
asciilifeform: nah, the way it works is, he 'shits cake', and everybody eats at gunpoint.
asciilifeform: mircea_popescu: for the notion to form that any one of those paragraphs is something he can << past presidents have signed nearly identical proclamations, and they were enforced.
mircea_popescu: im at a loss as to what exact tumbleweeds need to be rolling around in one's skull for the notion to form that any one of those paragraphs is something he can come up with.
asciilifeform: no worries, i suspect they'll reopen soon.
mircea_popescu: no moar mental hospitals in the us ?
chetty: Some days it is more 'in your face' than others
mircea_popescu: to anyone who doesn't much give a shit about the us, i would guess.
mircea_popescu: from now on the correct response to anyone asking if some bitcoin corp is "licensed" or "incorporated" or legally operating within the us is simply pointing out that there exists no such thing as a united states jurisdiction, robber baron claims notwithstanding.
mircea_popescu: so basically... the us has no law, fuggedaboutit.
mircea_popescu: "This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. "
mircea_popescu: in addressing the national emergency declared in this order, there need be no prior notice of a listing or determination made pursuant to section 1 of this order. "
mircea_popescu: "For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant to this order would render those measures ineffectual. I therefore determine that for these measures to be effective
asciilifeform: the funny part is that none of this shit is new
mircea_popescu: " I hereby determine that the making of donations of the type of articles specified in section 203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to section 1 of this order would seriously impair my ability to deal with the national emergency declared in this order, and I hereby prohibit such donations as provided by section 1
mircea_popescu: and we don't intend to keep our word given here as to not keeping our word either"
mircea_popescu: "we won't keep our word as to what we have promised in the past
mircea_popescu: "(b) The prohibitions in subsection (a) of this section apply except to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted prior to the effective date of this order. "
asciilifeform: incidentally, this is how boddy fischer became a fugitive from the u.s.
mircea_popescu: ropriation of its assets, constitute an unusual and extraordinary threat to the national security and foreign policy of the United States, and I hereby declare a national emergency to deal with that threat.
mircea_popescu: I, BARACK OBAMA, President of the United States of America, find that the actions and policies of persons -- including persons who have asserted governmental authority in the Crimean region without the authorization of the Government of Ukraine -- that undermine democratic processes and institutions in Ukraine; threaten its peace, security, stability, sovereignty, and territorial integrity; and contribute to the misapp
mircea_popescu: FabianB the last exercise closed at 908350862, so if made after dec they'd be covered to ~263421 per neh ?
chetty: true but the powers he is claiming this time are pretty extreme - of course he wont really do any of that .... right
asciilifeform: chetty: actually the 'state of emergency' is quite old
mircea_popescu: cool, hopefully the russians also freeze a buncha us citizen's assets, and fiat truely collapses in a pre-hansa state of disarray
mircea_popescu: so the us is nao a rogue state.
ozbot: Executive Order -- Blocking Property of Certain Persons Contributing to the Situation in Ukraine | T
chetty: http://www.whitehouse.gov/the-press-office/2014/03/06/executive-order-blocking-property-certain-persons-contributing-situation
FabianB: my guess is they appeared 4 weeks ago and also made at that time, so probably the ones i bought are profitable :)
mircea_popescu: yeah, basically if period increases settle around 8% then it'll be all covered.
FabianB: yeah, far in the future, but now, if mkfut was called on jan 1st, it's only backed till around 29, it would need 45, currently there are asks for 39 which are not bought (probably) coz of the risk they were created early
mircea_popescu: i guess that introduces an extra leg of risk there huh.
asciilifeform: (american flying machines were originally supposed to use the 'pro' version of 'gps', with crypto authentication. but someone, apparently, absconded with the $, and most of them left the factory with 'consumer' receiver.)
mircea_popescu: FabianB this'd be an interesting project i guess, it's not directly obvious to me how the to prices'd relate
FabianB: not really, but it reminded me there's x.idiff.mar settlement soon
mircea_popescu: "today on Victories of Socialism : we have caught the other boys' model airplane!!1"
asciilifeform: perhaps it will appear there anyway.
asciilifeform: if the little flying trabant weren't so pathetic, it would be towed through red square on parade.
ozbot: US drone intercepted in Crimean airspace - Russia's state corporation - News - World - The Voice of
mircea_popescu: considering she didn't get fired over her blunder re: pirate, back in 2012, in spite of all the gigavps & co lobbying...
mircea_popescu: "She says that on a typical night on cam she can lose up to five pounds from all the work."
mircea_popescu: http://www.thedailybeast.com/articles/2014/03/02/meet-littleredbunny-the-queen-of-cam-girls.html#url=/articles/2014/03/02/meet-littleredbunny-the-queen-of-cam-girls.html
mircea_popescu: these were bitstamp
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure (1 more message)
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure (1 more message)
gribble: The operation succeeded.
ThickAsThieves: anywho, you are right, he can defend himself, i'm just pointing out that the accusations are a bit off the wall
mircea_popescu: https://www.google.com/search?q=danny+brewster+cyprus&complete=0#complete=0&q=danny+brewster+lmh+holdings that doesn't look much better either.
ThickAsThieves: just the stock
ThickAsThieves: the whole post sound slike something out of a tabloid
ThickAsThieves: what's the big deal indeed
mircea_popescu: well guy can answer in his own time, what's the big deal.