mircea_popescu: inasmuch as wiki articles are intended ot describe things such as they are, they don't sanely need much more than snippets anwyay
nubbins`: mircea_popescu: is it okay to copy eulora-specific content wholesale from trilema to the wiki? or would you prefer we link to articles
mircea_popescu: in was known to even pull off the road and attend funerals for people he didn't know.
mircea_popescu: A. James Manchin either delighted or appalled the West Virginia voters. Many people, especially senior citizens, loved the attention he bestowed upon them later as Secretary of State. He would produce a certificate with a gold star and make quite a production of just about anyone's service to "Mother West Virginia." Giving away his trademark white or black fedora to young teenage boys along the campaign trail, Manch
ThickAsThieves: is there a place i can easily see who funded the most recent campaigns of a senator?
mircea_popescu: and on top of all the various specialist investors on bitcointalk
mircea_popescu: on top of all the bitcoin experts in #bitcoin, #bitcoin-otc, #bitcoin-etc
mircea_popescu: had various losses here and there
mircea_popescu: they lost some btc, kept daytrading to make it up, kept losing,
kakobrekla: the real fear is luke jr, ThickAsThieves .
mircea_popescu: azi` basically it's the bitcoinica blueprint rehashed.
ThickAsThieves: <asciilifeform> quantum safe? // ya we are at the mercy of vitalik's and jordan ash's turing quantum miners
azi`: they were stealing large sums of money but everything was fine until the FBI closed them down which caused a panic of withdrawals after reopening
azi`: mircea_popescu: so you think it's in no way related to the fact that they had some legal issues with authorities?
mircea_popescu: read that and follow the links. you'll get it.
azi`: i mean, no blockchain info about the 700k bitcoins
nubbins`: in other news, you can buy a fucking glass hockey skate filled with whisky now
nubbins`: no, only got as far as the login screen. keyboard input goes to the terminal window rather than the un/pw textboxes
nubbins`: prob needs some editing, i'll take another look over it later. this is my first time writing a wiki article
ThickAsThieves: the senators web page crashed my Opera
ThickAsThieves: that's the plan
mircea_popescu: asciilifeform i don't think these exist anymore, and if they do exist they're prolly girls.
mircea_popescu: btw, ThickAsThieves saves the day. if bitcoin is banned we move to altcoin
asciilifeform: (what's the word for what used to be a normal kid, who wants a time machine so he can get clobbered in stalingrad like a real man? 'armchair private' ?)
mircea_popescu: my armchair generals are qualified to discuss anything because they once finished a game of starcraft
mircea_popescu: i suppose we may mean different things by the term.
ThickAsThieves: a scourge on the nation surely
mircea_popescu: ThickAsThieves droopy tits is what they should ban
ThickAsThieves: "please clarify whether this ban would apply to @dogecoin also?"
asciilifeform: i've nothing against armchair generals, so long as they don't labour under the delusion of commanding actual soldiers.
mircea_popescu: midnightmagic no but w/e, he was talking at me on twitter. so i respond. and when i respond to people i don't know it highligths them to research team too, so they give me a "who's this guy".
ThickAsThieves: "After you ban #bitcoin, could you ban really hot, humid weather? It's really the most annoying weather."
mircea_popescu: i guess protecting the term is impossible, actual people doing strategy will have to find a new word
asciilifeform: new theory. twitter used by thinking people is really stego blockchain.
mircea_popescu: dun-dundun you're in the shitter nao
mircea_popescu: @TomHashemi Sure, most actual strategists I know advertise themselves as cooks, streetsweepers, merchandise stacking "executives" and so on
mircea_popescu: @Mircea_Popescu errrr maybe because I do both? try reading the full page before you comment...
mircea_popescu: @TomHashemi No. And why am I talking to derps who think they may put "strategy" on their bio when what they do is code websites ?
mircea_popescu: @TomHashemi Did you want to share something with the group ?
mike_c: what about the lazy americans?
gx: Before the U.S. gets too far behind the curve on this important topic, I urge the regulators to work together, act quickly, and prohibit this dangerous currency from harming hard-working Americans.
ThickAsThieves: the whole thing is absurd and insulting
Duffer1: not like the premine was a lot of coins just a mere 50%
ThickAsThieves: it's premined and there's a hard fork already?!
asciilifeform: national altchains are inevitable - just like the idiot national cryptosystems of the '80s-90s
ArsKisS: afaik they gonna distribute
ThickAsThieves: where do you see the gov being involved?
ArsKisS: ThickAsThieves, iceland government gonna scam their citizens?
ThickAsThieves: cuz they failed
asciilifeform: ThickAsThieves: hemp, gold, 100 other historical examples
ThickAsThieves: i wonder, is there a legal ground for disallowing the USG to ban it on grounds that it would destroy huge amounts of wealth for US citizens already invested?
mircea_popescu: and then do website design for a living.
mircea_popescu: meanwhile i'm having fun on twitter with twerps who describe themselves as "Strategy & Research"
asciilifeform: only reason the ban isn't official yet is that ft. meade hasn't finished the beta version of the IRSCoin that u.s. citizens will be asked to trade their TerroristCoins for.
ThickAsThieves: every politician needs some aide telling him to consider what implications his comments have on the US dollar
ArsKisS: you didn't see the rows before my comment
mike_c: "I am most concerned that as Bitcoin is inevitably banned in other countries, Americans will be left holding the bag on a valueless currency"
mike_c: the gox failure has clearly been depressing ATC prices..
thestringpuller: you ignore them
the20year2: To issue bonds in the US, up to $50m all that is required is to issue a PPM and file with the SEC in the respective investor's state
the20year2: There's a medium sized REIT i ran into out of texas that issued bonds here pretty recently in the same way I would like to do ours
thestringpuller: people need to stop financing period until their business actually runs
mircea_popescu: in general companies that can't finance themselves through stock issuance have little or no hope of placing bonds successfully.
the20year2: I'm not aware of any, however i'm talking about the landry list of stocks out there that have.
the20year2: With the number of companies that have outright scammed people i'd kind of expect it to at least play a partial role in future issuer plans.
the20year2: I'd like to think i've been more transparent with rentalstarter than most other issuers have been with their respective listings. Of course, i'm still asking if this is a possibility at any rate
mircea_popescu: the20year2 what makes you tihnk you have the credibility to issue bonds in the first place ?
mike_c: there's already a btc hedge on mpex in x.eur. i'm not sure how much appetite you'll find for a bond that will decrease in NAV and interest rate as btc rises.
the20year2: US they want to see 35%
nubbins`: ~50% of net for housing is the norm here
the20year2: The two questions are : Would a USD bond (to short BTC:USD) be useful on somewhere like mpex, and if so, what would the cost be to do such a venture from the issuer standpoint
the20year2: Then of course, depending on the cost, issuing bonds in the US may be preferential to pursuing issuance on a bitcoin based exchange
the20year2: Well , if it works as a BTC short, then the interest being paid would be tied to USD rather than BTC, but still paid via btc as the medium
the20year2: Which was the whole idea behind doing this 2nd round of funding via havelock. So, then i've got to consider what non-share options there exist for business financing. Issuing interest bearing bonds are one of those things that many businesses do when they don't/can't apply for bank financing.
mircea_popescu: well, if you aren't in the business, the logical step would be to talk to someone who is.
the20year2: And if so, the costs of doing such
the20year2: I guess I'm trying to determine if there'd be use in whether there would be a use for a USD rentalstarter bond on mpex
mircea_popescu: anyone can be the mm or somescuh.
the20year2: the underwriter for an asset on mpex
mircea_popescu: the contact for what exactly ?
the20year2: And who is the contact?
mircea_popescu: in some cases obviously the asset is owned by an actual investment bank which already has a seat. this is by no means common or the rule. esp as things mature.
mircea_popescu: if every ipo also bought a pit spot it'd be the fucking end of the world over at nyse.
mircea_popescu: which is someone with the experience and contacts required to maintain the financial side of things.
mircea_popescu: mpex works exactly like a stock exchange is supposed to work, the asset should ideally take an underwriter
mircea_popescu: there's no 30 btc to list an asset tho.
the20year2: My primary concern/question if the requirement is always 30btc to list an asset
the20year2: *possibly* dumb question, but would it be possible to request the listing of an asset on mpex via a pre-existing account, or does it have to be done from a brand new one?
mooninite: so it's a level playing field, and if you want to farm and go out of your way to get the rarest items, you can -- but they will not immediately make you stronger than everyone else, it's just for looks
mooninite: there are ascended and legendary items that would be the sort of 'epic' rarity loots but their stats are barely higher than the regular items, only they look nicer and have particle effects
mooninite: at max level, everyone's gear stats hit the same ceiling. There's no quest for bigger and better loots. Some people dislike this fact, but I find it nice to be able to quit playing for a few weeks, come back and not feel like everyone else progressed beyond me
mircea_popescu: mooninite how does the gear threadmill work ?
mooninite: I played Rift, it was def a step of from the likes of WoW. But GW2 is the epitome of "without the stupid shit"
mircea_popescu: im mostly doing it for the economy
mircea_popescu: "When Michael Jackson died they wanted to have a party for him in motherfuckin Fort Greene Park and all of a sudden the white people in Fort Greene said, 'Wait a minute! We cant have black people having a party for Michael Jackson to celebrate his life. Whos coming to the neighborhood?
mircea_popescu: you need a whole of a lot of progress to get people thinking they're better off in vermin infested shitholes today than they were in 1500
mircea_popescu: as opposed to the traditional TAKING 1 of 10
asciilifeform: show people what fraction of their net crop medieval serfs paid, and no one believes you.
mircea_popescu: those were the dark ages
asciilifeform: in a few years the street is full of people like yourself and you pay the mandatory 1/2 of your money as rent.
asciilifeform: just explaining for people who have never been to the u.s.
asciilifeform: you can squeeze into the rent zone of a different caste if you're willing to live where it lives
mircea_popescu: there's no such thing as a right to one's code just because it exists or just because it's different.
asciilifeform: in america, there are (de-facto) radically different 'tax rates' (not tax properly speaking, but rent) for different castes
mircea_popescu: part of it, of course, has to do with "the code".
ThickAsThieves: you see white mothers pushing their babies in strollers, three o’clock in the morning on 125th Street, that must tell you something."
ThickAsThieves: the comments are ridiculous "Why does it take an influx of white New Yorkers in the South Bronx, in Harlem, in Bed Stuy, in Crown Heights for the facilities to get better? Why did it take this great influx of white people to get the schools better? The garbage wasn’t picked up every motherfuckin’ day when I was living in 165 Washington Park... The police weren’t around... When
mircea_popescu: "You have to come with respect. Theres a code."
asciilifeform: ThickAsThieves: people dream of keeping their money
mooninite: MtGox Update 3: I found it, my usb with 700k bitcoins, It had fell down the side of the sofa at starbucks, withdrawals to resume soonish.
ThickAsThieves: i'm having real trouble understanding the growing trend of american anti-gentrificationism
mircea_popescu: well so almost there
ThickAsThieves: i had the price wrong
ThickAsThieves: alright, short email to Havelock CEO sent, I even gave him all the dataz.
mircea_popescu: kind-of why the key figures are reported a certain way in fiat.
mircea_popescu: warrants and options are exercised all the time
ThickAsThieves: it just means the cap needs to be more dynamic than ASICMINER for example
nubbins`: this presents a problem to be solved if havelock wishes to display a live count of the number of shares existing
nubbins`: when people can cash out warrants whenever they want
nubbins`: i think the question is how havelock knows total # of shares
ThickAsThieves: well this week havelock becomes the PT manager
nubbins`: mike_c: so the numbers could be inaccurate on havelock for up to 30 days
benkay: sounds like a thing havelock and the pt managers should really have thought about.
nubbins`: btcalpha accomodates shares being created after the fact?
benkay: they can't do that?
nubbins`: can they do that?
mike_c: and about the same # of warrants
nubbins`: well that's the thing about warrants
nubbins`: that doesn't tell the total # of shares
ThickAsThieves: how many SMG shares are there again?
nubbins`: i wouldn't even set up the press for $20.75 ;p
nubbins`: they do one-off shirts for $20.75, shipping included
jcpham: everyone thank nubbins`the price went up
ThickAsThieves: the moon isn't high enough for such a div
jcpham: so they need to be $50
jcpham: so if you buy then i have to make it
ThickAsThieves: from reddit: "What is the potential value of NeoBee? Right now it is trading at around 005"
gribble: so i'm looking up to see if a lot of things that...: <http://adventuresofcomicbookgirl.tumblr.com/post/64092309282/so-im-looking-up-to-see-if-a-lot-of-things-that>; What's the Big Deal About Sailor Moon? « The Hooded Utilitarian: <http://www.hoodedutilitarian.com/2011/11/bigdealaboutsailormoon/>; Stan Sakai drew a comic in 1991 explaining how to make ... - Robot 6: (1 more message)
gribble: Explain Bitcoin Like I'm Five — Future of Currency — Medium: <https://medium.com/future-of-currency/73b4257ac833>; Explain like I'm five: Bitcoin | Darren Hobbs: <http://darrenhobbs.com/2013/04/09/explain-like-im-five-bitcoin/>; Explain Bitcoin Like I'm Five (In case you want to understand the ...: <http://www.againstcronycapitalism.org/2014/01/explain-bitcoin-like-im- (1 more message)
TomServo: Yet there is a difference between a hill and a big hill.
nubbins`: c'mon now, we goes drinkin' now the once
ThickAsThieves: lotsa former pirates out there?
nubbins`: "now the once" = "soon"
nubbins`: i'm guilty of using some of these
KRS1: thestringpuller: that too, depending on who you ask.. as in ... skeet skeet
thestringpuller: i thought skeet meant the process of ejaculating
ozbot: Newfoundland English - Wikipedia, the free encyclopedia
mircea_popescu: nubbins` like "the right honorable dorky mcdorkenstock" ?
nubbins`: hits the mark a few times
mircea_popescu: whoever the fuck wrote that wiki entry was pretty well gone.
nubbins`: ye being, of course, the plural of you
mircea_popescu: Get on the go, Let's go (also, a common euphemism for partying, on the go by itself can also refer to a relationship - similar to a dating stage, but more hazy.)
nubbins`: i think there's a wikipedia article about that somewhere too
nubbins`: no, we invented the gas mask
thestringpuller: and they complain....
thestringpuller: also poor hippies are the emperors of infestation
nubbins`: lel, the article starts with "In Newfoundland English..."
benkay: no no thestringpuller those are "niggers" in this channel
thestringpuller: poor white people are worse than niggas these days
nubbins`: mircea_popescu they found bedbugs in provincial court here last year
mircea_popescu: nubbins` tbh large parts of the us are having a SERIOUS infestation problem these days.
nubbins`: technically we call them "skeets" here
gribble: http://www.urbandictionary.com/define.php?term=skid | The term "skid" is in part derived from "skid row", which is both a band enjoyed by those the term refers to, as well as their address. See also white trash and ...
nubbins`: well. one of them
asciilifeform had a dream last night that he found the coveted n-sat shortcutter for sha-256. the number '14' was a magic constant, somehow.
ozbot: Cop Shoots himself in the leg - YouTube
Duffer1: an adjective to help describe the specific video i'm thinking of
Duffer1: have you seen the one with the black cop shoots himself in a classroom during a safety demo?
nubbins`: for my next trick, i will demonstrate the safety of this prop knife by falling on it from my balcony.
nubbins`: "The 36-year-old man ... was attempting to demonstrate the safety of the handguns by holding them to his head and pulling the trigger."
asciilifeform: re: heat sinks: this is how the americans spotted the radiothermally-powered (Pu core) soviet satellites - enormous fins.
asciilifeform: and i'm sure virtually everyone is familiar with the use of morse code by prisoners, historically.
asciilifeform: so something resembling bitcoin (well, more like Hawala) could have worked even there.
mircea_popescu: but one of the biggest problems for any energetically intensive application outside of earth is like... how the fuck you cool it.
asciilifeform: phun phact - in soviet prison camps, notes ('scribbles', roughly translated from the argot) went around freely from one end of the archipelago to another. (how? bribe a guard)
asciilifeform: thestringpuller: elevator for bags of fiat?
thestringpuller: lol operate a bitcoin exchange from a space station. no government there...
thestringpuller: PCI compliance is a joke, yet it accounts for good chunk of the expense budget...that gets passed onto the customer. thus we have bitcoin. So what happens in 20 years big government regulates BTC and you need 10 licenses just to touch it in Country XYZ?
ThickAsThieves: "with friends like this, whi the fuck needs cointelpro"
mircea_popescu: the disadvantages of being erik
mike_c: looking at slides like coindesk's makes me mad for some reason. those stupid charts with "here's why btc went up" and "here's why it went down". they should post that on bitcointalk and be done with it.
mircea_popescu: but as a general principle actual finance does not belong in the mouth of pundits any more than science belongs in the mouths of politicos.
mircea_popescu: that's the debatable point, but anyway. some slack for everyone to cut closer or further by his taste.
mike_c: and maybe even buy those little plastice outlet covers to make sure they survive :)
mircea_popescu: i think that's overall the best policy.
mircea_popescu: you just go about your business without making a big deal of them and let the kids grow up with all their limbs
mircea_popescu: you don't make a big secret out of the power sockets, or the power tools in the garage
mircea_popescu: the idea isn't to keep anything a secret, god forbid, but basically i think we should be informed by the correct interraction with children in a family.
mircea_popescu: mike_c anyway, stuff like publishing the correct numbers is useful and welcome.
mike_c: although i guess they could have coinbr accounts
mircea_popescu: the day you're in the same boat with the sorts of people "investing" in groupon it's prolly time to move on.
mircea_popescu: the controlling point here, i guess, would be the observation of Kennedy sr that fuck it, when shoeshine boys discuss stocks it's time to get out.
mircea_popescu: 38% is in dead in the water pps
mircea_popescu: ThickAsThieves well... it is. of the 1-2% of bitcoin marketshare that us vcs get
BingoBoingo: Could their numbers have ever been right?
ThickAsThieves: it also makes their numbers wrong
mircea_popescu: last thing you need you know, is thebitcoinwife being knowledgeable about stocks.
ThickAsThieves: they even have a whole VC section
mircea_popescu: i mean they can end up believing it is, like they end up believing any other nonsense they believe
mircea_popescu: i really don't want this viewpoint promoted whereby bitcoin finance is this point of interest for the general public.
BingoBoingo: Stocks and exchanges aren't for the herd
mircea_popescu: why would they ?
ThickAsThieves: like zero mention in the coindesk report
ThickAsThieves: it's odd to me that the bitcoin world ignored bitcoin stocks and stock exchanges so much
BingoBoingo: If only the latest trilema piece had come out an hour earlier
BingoBoingo: Also 737 people reffered by Slashdot in the first hour as the last of four links in the story.
TomServo: pathetic.
Duffer1: I plan to give @RealAlexJones some free #maxcoin next week. No need to bother with Bitcoin, #maxcoin is better. Currency of the Resistance.
BingoBoingo: Duffer1: Max doesn't have the dignity for that
Duffer1: max seems to have become the thing he hates