mircea_popescu: but what if you lack the metacognitive capabilities to see this ?
mircea_popescu: omg look at this, there's no anaxagoras on teh english web
Jere_Jones: Seems to me that being incompetent is a transitional phase that must be passed through. The key is to minimize outside exposure to my incompetence while I work through it?
mircea_popescu: and /me beams at having injected into conversation like the oldest remaining text as well as various other classical bits
mircea_popescu: the greeks disagree :D
deadweasel: i'm just saying since we don't know the final outcome, assuming it ends at death is a big jump.
deadweasel: now we're deep in the rabbit hole.
deadweasel: and if I really know what the truth of that is.
deadweasel: you don't eat you die, happens all the time.
deadweasel: i'm aware of rabbit hole I stuck my head it here, but not the formal proposition of it.
mircea_popescu: most of the high ticket scammers are going for that angle.
deadweasel: ThickAsThieves: i'm just saying that the ignorance itself doesn't lead to comptence
pankkake: well, the ones I've seen do it were fresh out of school
mircea_popescu: pankkake i think that may be leftover from the old days of cobol horror.
mircea_popescu: what, everyone gets a banker certificate with their birth certificate now ?
mircea_popescu: im really looking forward to clauses like if i ==== j then else if i === j then else if i == j then else if i = j then.
Jere_Jones: "Sucking at something is the first step to being kinda good at something."
mircea_popescu: and speaking of magical php, any language out there which isn't served enough by 3 and has 4 or more ?
TomServo: not the === again!
mircea_popescu: Jere_Jones no, it's an attack on their character.
Jere_Jones: So "scam" is used, not as an attack on one's character, but as a characterization of their trustability?
mircea_popescu: Jere_Jones this revolves around the concept of meaningful difference.
Jere_Jones: Speaking of scams, I have always thought, and the dictionary agrees with me, that a scam was defined by dishonesty. BingoBoingo made a comment that a scame is defined by "not paying". Whether not paying is due to malice, incompetince, or a natural disaster is irrelevant.
ThickAsThieves: "So if I buy some shares in NeoBee from havelock now will I get more dividends than if I buy the shares after the 23rd of Feb?"
mircea_popescu: this was the local equiv of pont neuf
mircea_popescu: they are a community. in 1800s bucharest there was a place called "podul calicilor", which pretty much means "the bridge of the scammer and beggar comunity".
pankkake: do they have pubes?
pankkake: the entire alt community wouldn't exist without pump and dumps
mircea_popescu: the entire alt community couldn't burn down one of my pubes if someone lent them a stair and matches.
mircea_popescu: "tysat, if you believe they are pump and dumps, seriously who do you think is behind it? mtgox? the btc elites? honestly, if someone is pumping and dumping in an organised way, as a means of screwing new investors then the entire alt community should hunt them down"
mircea_popescu: WITH THEIR HANDS
mircea_popescu: jurov: afaik gpg never saves unencrypted keys to disk << indeed. it's not made by the power rangers, not using qt, etc.
mircea_popescu: i wonder if anyone ever stepped on their own beard.
benkay: more like the vicious midget - only american raised in violence since 1920
benkay: the generative art and history of dwarf fortress is ridiculous
mircea_popescu: no, benkay the diminutive ogrelet of having been sick in his childhood
benkay: right benkay the legendary ogre of vampire slaying
mircea_popescu: over benkay THE OGRE
benkay: "on the poofball is an icon representing his fast typing victory over benkay"
mircea_popescu: otherwise you know, yeasts, ants, all fine.
mircea_popescu: ThickAsThieves i think the vegan dogs only care for you not to eat mammals.
mircea_popescu: upon the poofball shall be inscribed a logo aimed to represent fast typin'.
ThickAsThieves: i just slaughtered a bunch of ants, the vegan gods will not be happy
mircea_popescu: i shall comission a special hat to commemorate the occasion
mircea_popescu: Jere_Jones no. there is no way to reclaim anything once you lose keys. never ever EVER lose any keys ever.
mircea_popescu: you're like the grand master of it by now.
mircea_popescu: ThickAsThieves where do you find all the btc posers fucking hell
benkay: fractional weeks however let me shift work around as necessary to get the big six-hour blocks in which we're productive
benkay: topologically the same thing
mircea_popescu: clearly i lack the relevant experience.
mircea_popescu: so you offered to do documentation for them, and on rehash you offered to work 2 hour days
mircea_popescu: whatg i don't know is what the whole sentence's supposed to mean
gribble: The operation succeeded.
ThickAsThieves: must be all the pizza
gribble: The operation succeeded.
mircea_popescu: ;;later tell cads: "they started a tv channel a couple years ago, and were acquired for 20 mil by a holding company that same year." i think you don't fully appreciate the impact of tax optimization on all these deals.
mircea_popescu: that inception moment when you realise reading through the assets log is the most fun thing you've done all day.
gribble: The operation succeeded.
mircea_popescu: ;;later tell duffer1 it's unclear you can do much shaping, specifically because of the weapons grade idiots. basically your choices will be whether you want them to spell stupid with a b or p, d or t. otherwise... stubid is stupit.
deadweasel: Diablo-D3: www.discovery.com/tv-shows/naked-and-afraid << no point, just naked idiots with their bushes, in the bush.
gribble: The operation succeeded.
gribble: The operation succeeded.
mircea_popescu: the pejorative term for a thief should also be replaced with the less neutral ribera d'alcala.
mircea_popescu: The European Unions Directorate-General for Internal Policies Riccardo Ribera dAlcala who authored the plan wrote, The use of stigmatizing labels should be ended, and the pejorative term bankruptcy should be replaced with the more neutral debt adjustment.
Diablo-D3: and teaching them its healthy to have a kink, and yadda yadda yadda condoms, safe words, etc
Diablo-D3: they should show it in school, to be honest
bones`: To protect the children who live on a remote rural area with no access to internet who still have yet to see "little tits, big tits, massive tits that have smaller tits orbiting around them"
Diablo-D3: little tits, big tits, massive tits that have smaller tits orbiting around them
Diablo-D3: whats the point of that
bones`: across the naughty bits
Diablo-D3: because if its actually naked naked... its on vh1, WHATS THE POINT
Diablo-D3: I bet its just dating that is without all the social rigamarole
Diablo-D3: and reading just the headline
jcpham: except the ones that aren't
pankkake: save it for the tax man
pankkake: backup your gpg key to the cloud? lol
Jere_Jones: Also, don't lose the keys. At the time, I didn't see any real value in the wot and thus treated my keys as disposable.
Jere_Jones: It is the age of the nick that I would like to preserve and the nick itself because that it is what I use everywhere.
kakobrekla: you can ask people who rated you to rate you again on the new handle if you can convince them so
Jere_Jones: My options seem to be: 1) Dig through old hard drives in an almost futile effort to find the keys or 2) Establish a new nick
KRS-One: wow i thought they had a perm option
KRS-One: its just best to post both keys to pastebin so you can get them any time
kakobrekla: even using one key to dispute another is a questionable practice
Jere_Jones: Think they could find my key for me? :)
BingoBoingo: Jere_Jones: Polite letter to the NSA?
Jere_Jones: Is there any way to reclaim my nick in WOT if I lost the key or am I just SOL? (yeah, I know I shouldn't have lost the key in the first place)
ThickAsThieves: CBTC added all the unsold shares to the market so HL would display the cap "properly", not bad i guess, but now people have to worry whether they are sold on the sly
ThickAsThieves: i'm finally eligible for "Hero" on the forums, but my activity is not high enough
ThickAsThieves: this is stickied in the noobie forum
gribble: MPEx Missing Manual : BitcoinStocks - Reddit: <http://www.reddit.com/r/BitcoinStocks/comments/1x18vc/mpex_missing_manual/>; MPEx: The Missing Manual 6 - Options - serialized delusions: <http://explo.yt/post/2014/01/21/MPEx%3A-The-Missing-Manual-6-Options>; MPEx: The Missing Manual 5 - Account statements and transfers ...: <http://explo.yt/post/2014/01/07/MPEx%3A-The-Missing- (1 more message)
kakobrekla: but i think im one of the few
kakobrekla: check the missing manual
gx: oh, i see the faq now
gx: can someone give me the lowdown on how MPEX works
nubbins`: boy, these photos and videos sure are disrupting me
nubbins`: they forgot to mention that he's obviously an insufferable twat
ThickAsThieves: the author: "Kent spent a decade in the trenches trading, researching, and writing about equities and options. A advocate for civil liberties and open information, he produces and performs cyberpunk music as SEVEN7HWAVE. Currently Kent oversees digital marketing for Pixorial - a disruptive video and photo sharing service."
nubbins`: "i can't comment on whether or not we're insolvent, that's confidential"
ThickAsThieves: "In the email interview, Mr. Karpelès responded to questions about the company's solvency or protection for customers' funds by saying that the matter is confidential. "
ThickAsThieves: hmm there's a new WSJ Karpeles interview?
nubbins`: "police described the death as no big deal"
ThickAsThieves: another banker death http://blogs.wsj.com/moneybeat/2014/02/18/j-p-morgan-employee-falls-to-death-in-hong-kong/?mod=WSJBlog
ozbot: Could there be a $50,000 bitcoin? - Term Sheet
nubbins`: candy crush: the saga continues
ThickAsThieves: mpoe-pr made the mirror
nubbins`: why do people bother with masked hostnames on irc
nubbins`: oh, wait, romania borders the black sea, doesn't it
asciilifeform: (where the beasts were taught to fight with knives)
ozbot: Graphene nanoribbons could be the savior of Moore’s Law | ExtremeTech
Diablo-D3: http://www.extremetech.com/extreme/176676-graphene-nanoribbons-could-be-the-savior-of-moores-law
benkay: wait no hang on they're great in some applications
benkay: bankruptcy walking, but the sharks are still just circling.
benkay: their previous startup has burned through like 20M in capital, and isn't even dead yet
Vexual: yeah it's these managerial types
benkay: whatever happened to getting the job done?
benkay: in other news i offered a startup against whose api i'm working a deal on some documentation
benkay: the internet is a biiiig place
MisterE: why would someone claim they know php / js and don't?
Vexual: i think i can guess the mad genius that orchestrated that
MisterE: yea we boycotted them all last week
cads: apparently last october the company rolled out some interface changes that have incited the users into anger. The users "Slashcotted" slashdot this past week :P
cads: they started a tv channel a couple years ago, and were acquired for 20 mil by a holding company that same year.
cads: On the plus side if it ever goes down nerds will just put it back up
cads: that just love their reddit and coffee?
MisterE: like they did BSD
cads: just a tiny parameter tweak in the voting mechanism
cads: "we have the power to determine when trolls swarm a topic"
Duffer1: the comments are already weaponsgrade stupid, perhaps the us military will step up to fund the disinformation platform of the new century
cads: jurov: yeah, they need a business plan because right now they just give a fun free news platform for all
Duffer1: i don't believe that will end well for them, but i'm not creative enough to figure it out either so who am i to say
cads: "we spent half a mill on consultants alone so far and nothing. Time to bring in the leeches"
Duffer1: it has intrinsic flaws that make me not read the comments, but i still browse daily for headlines
Duffer1: ya they've essentially said they're not creative enough to figure it out, so at least they recognized they need help
cads: the funny thing is they think they're going to be able to get non-shitty ideas from VCs with 5% buyins.
cads: so they eat about a million of each year and there's really no way I can see for them to make money
cads: when they were spun out in 2011 they started with 20 mil, and they have been operating the popular online social forum and news syndication site with a "very lean staff"
cads: the reason they took the million is to open the business for buyin and input from silicon valley investors
cads: it already had 18 million in the bank
mircea_popescu: the girl you love today has but a cunt just like your ex
cads: I should just smartly recognize that it's just as trivial as the old math, and solve it just as easily in one stroke
cads: mircea_popescu: math that kicked my ass 2 years ago is now super trivial, and yet the math that's kicking my ass today still seems tough
cads: And the difficulty of the math you're currently studying assures you feel like an idiot presently.
jurov: bitcoind does cause 10mbit+ spikes, if someone with ssd pulls the blockchain from me
Mats_cd03: i wonder how much bandwidth the network consumes
mircea_popescu: the trollbox may have some value, but that value is not visible in how much doge goes for.
mircea_popescu: you going on about how the trollbox is worth thousands of btc because some scammer somewhere traded what he purpots to be 1% of some crap with himself at an implied valuation of fiddy billion
mircea_popescu: if one day btc-e pulls a vircurex and lists itself as an asset, and pumps the price like they do
mircea_popescu: there is absolutely no relation between the content bs and the acquisitions/mkt cap game.
mircea_popescu: " make billions of market captilization / acquisitions, and all they do is hold onto content that users have put there willingly under a license that gives"
mircea_popescu: cads so basically you'd like this to be worth a lot is what igather.
cads: to them they don't even notice if I get slashdotted. For me it might take me out of business for a day.
cads: their marginal cost is so much smaller than mine
cads: if I was making a revenue stream the latter sounds ideal, but of course I understand that my revenue stream would be even _bigger_ if I syndicate my content with youtube.
cads: So these billion dollar valuations are all due to the fact that people are too stupid to run distributed media channels or protest a bad contract clause and are willing to sit through advertisements.
cads: The big social media aggregators - facebook, twitter, youtube, tumblr, basically make billions of market captilization / acquisitions, and all they do is hold onto content that users have put there willingly under a license that gives the corporation full rights to the content until it is deleted by the user.
cads: I mean, stupid shit like this live actions reenactment that got umpteen million views and pays the living wages of some internet famous douchebags, while putting 80% of the revenue into the coffers of youtube.
cads: I don't think it makes sense to pretend youtube does anything other than make money off of other people's (chumps) content
cads: I mean, youtube was acquired in 06 for 1.5 $bn of google stock. In the mean time google has grown to from 400 to 1200 a share. Suppose youtube grew proportionally with that and it's valued at $6bn. However youtube has grown far beyond what most people imagined. A 2012 boast from google values youtube at around $56bn.
mircea_popescu: it has a lengthy tradition i nthe ip business.
mircea_popescu: cads so you're saying that the owner's profits from the franchise are dwarfed by the various leeches' ?
jurov: doubt these executives were female
jurov: hahaha what wikipedia has to say: According to Margaret Loesch, CEO of The Hub, revisiting properties that had worked in the past was an important programming decision, influenced to an extent by the opinions of the network's programming executives, a number of whom were once fans of such shows.
cads: mircea_popescu: my claim is that media distributors like youtube and facebook profit from hosting this unlicensed community created meme content, which is typically considered much more entertaining in itself than anything like the cartoons, dvds, or plushies made by the company.
cads: Namworld: but the advertising revenue from people sharing memes?
mircea_popescu: so the owner made like 400mn total, and they sell a lot of crap other than this stale meme.
cads: Well like pageviews -> $s it's hard to quantify. It's a non-monetized time waste with leeches sucking at each juncture, so I'm not sure where to begin speculating on the profit
jurov: i do remember them, it was a biggie for some time. fortunately i was not allowed much tv then
cads: and how it's come to pass that corporations profit off of this content as if they made it, just by hosting it
cads: the really astounding thing with this and other memes in general is how much actual work goes into creating and distributing, discussing, criticizing, 'debating' memes.
cads: jurov: I dunno, ponies were never in the male culture growing up, at best I would have seen commercials
cads: Namworld: one of my exes has a 17 year old brother who is a brony. Kid is a robotics genius, and a ... pony genius.
mircea_popescu: but moreover the prevalence of pedophilia is such that it look smore like the bitcoin hash debit than anything.
cads: jurov: I'd hope the mass majority are teenagers
mircea_popescu: which is how i got to hear about it, the anthropologists keeping track of the decay of the us cultural space noticed that it's not just that holywood can't make a film that's not either a very bad socialist tract or else a drug chain
cads: that's about it, except behind the scenes of course there's all sorts of disgusting pony porn and yeah, I think you hit it on the head
mircea_popescu: ie all the people who find child porn either too expensive, too risky, or too socially inacceptable to directly discuss.
cads: these are "bros" that love my little pony.
cads: My little pony was a failing toy brand that was rebranded by the hasbro corporation into a moe cartoon series called My little pony: friendship is magic. It was aimed at little girls but featured good writing and character design and pretty soon had a huge fan base of "bronies"
cazalla: so you can't compare the 2 things
cazalla: they're good games though
Duffer1: i don't know if there's support for that statement caz hehe
cads: cazalla: they're both products that are being enjoyed by an increasingly long tail of originally unexpected users
mircea_popescu: so bascially in the 21st century middle aged men are mentally infantile.
cads: oh the profit.
cads: but the profit
cads: in the 21st century, little girls and middle aged men alike love ponies.
mircea_popescu: cads i know little girls ride them, occasionally...
cazalla: yeah but i don't have the time for mmos anymore like wildstar
mircea_popescu: you mean past the age of 12 ?!
cazalla: shame they are yet to make mmorpg for pokemon
cads: millions of people wasting billions of hours producing and consuming pokemon memes and other fan content
mircea_popescu: wtf is the pokemon world o.o
cazalla: i need to finish the latest one that came out
cads: everyone in the pokemon world is hearing about this if only because it's been tainting the pokemon memes.
cads: In the chat room (which is a regular IRC chatroom operated by twitch.tv) the broadcaster placed a bot that would interpret messages from players as key presses: players may register to the site to go on the chat and type "up" "down", "a", "b", etc.
cads: Wow these poor pokemon bastards have been stuck in a maze for 24 hours now.
herbijudlestoids: to be clear, if the RoR is 1%, its fairly valued, or slightly undervalued.
herbijudlestoids: mircea_popescu: worse they present the data as if it was clear cut that now people like salsa more than ketchup, but there is probly algorithmic/computational reasons more than historical ones
chetty: its never the tools fault
mircea_popescu: very well armed intellectually these peoples.
herbijudlestoids: but the data is not as realtime as trends
herbijudlestoids: i like the ngram viewer much more than google trends
herbijudlestoids: mircea_popescu: like i said earlier. i dont view this as an argument, when i question it is just to learn. i am always willing to consider an opinion or formula or whatever, even if i dont accept it in the end.
mike_c: also, they aren't really "bots". just computer programs.
ThickAsThieves: the "all" is silent in daytrading
mircea_popescu: herbijudlestoids anyway, don't let any of the foregoing impugn on your intelligence or usefulness for the space.
mircea_popescu: i imagine they;'d be sexier.
mike_c: fire up the day trading bots
mike_c: however the altcoin market.. getting tight! 100 satoshi spread on x-bt
herbijudlestoids: the next tells me you can infer future performance from the past inefficient price
ThickAsThieves: it would be less crazy to look at past data to see what that implies for the future
mircea_popescu: (which again is proven by the diff curve, with its attendant problems, and by the fiat/btc prices, and by a thousand other glimmers)
mircea_popescu: herbijudlestoids i r sorry but it is. pretty much any assumption of market efficiency in any bitcoin market is touched in the head.
mircea_popescu: antieconical lmao. they don't make e-cones zese pplz!
herbijudlestoids: mircea_popescu: so, for the sake of experiment, we are not allowed to make assumption that MPOE price is locally efficient? thats stupid now?
mircea_popescu: herbijudlestoids stop being so fragile. he just said you're presuming the market is efficient and therefore oyu're stupid
herbijudlestoids: mike_c originally said that i assumed the market was efficient and therefore MPOE was overpriced. i did not saythat.
mircea_popescu: currently bitcoin is woefully inefficient : people get beaten into shit, they turn around and reimplement the same thing.
mircea_popescu: obviously the seats in the one restaurant which serves food go by "how much people hungry can afford to pay"
herbijudlestoids: so? still waiting to understand how my notion of "growth" is imported from fiat and why i should focus on the "rate of conservation"
mircea_popescu: for that matter, the other angle i can't reduce or disprove is "very small certain income > any other alternative, seeing how all other assets are -EV so far"
herbijudlestoids: mircea_popescu: store of value which is hoardable without restricting the economy, non dilutable, no counterparty risk, etc