chipug: why the extra 30k BingoBoingo
mircea_popescu: then whatever, go do it. you discover it's not quite what you imagined it to be
chipug: think women have changed their minds about working
chipug: can i go back to before but keep the tech?
chipug: when did they world fall out of love with ornate things
chipug: i can only see them used with reds
theo__: RENT is really going off within 10 hours more then 8000 shares have already been sold
asciilifeform: esp. if they used funnel.
asciilifeform: am i the only one who thought of conan doyle's 'the leather funnel' after reading that ?
chipug: excuse the sky news link
chipug: did you hear about the poor wee 5 y/o who died after drinking soda?
asciilifeform: or even something in the style of that 'nazi donald duck' cartoon.
mircea_popescu: i tell you i can see a film in the style of chaplin's satire of nazi germany, but done with the means of 1970s made for tv french comedies.
mircea_popescu: the soda malfunction thing could be in a great blond movie
asciilifeform: re: btc exchanges: i'm still waiting for the day of tyrannical bans, when we stuff in cash / receive 'jackpots' from 'malfunctioning' soda machines to convert fiat.
mircea_popescu: asciilifeform nah, there were like a coupla dozen ppl last time
mircea_popescu: well, plus all the womenz, 24 people. plenty n'est pas ?
mircea_popescu: i doubt this is ever getting fixed, either.
mircea_popescu: there's really nothing.
mircea_popescu: mtgox ? coinbase ? the bitstamp thing ? the trollbox with an exchange pasted on top ?
mircea_popescu: come to think about it... the bitcoin exchanges are really sad.
the20year2: And effectively, they have done that with the mandate delays, implementation delays, ect
the20year2: Congress passed obamacare , now they want to change it at will withotu any modifications to the law
ozbot: House Speaker John Boehner: No immigration reform until Obama rebuilds trust | The Raw Story
mircea_popescu: the entire thing pivots around some fucktarded kid (athlete drop-out) seeing his dad fucking some girl on the side and "having his life ruined" by this.
diametric: i think for this evening, i'll join the mtgox channels and microwave some popcorn
mircea_popescu: btw, am i the only one thinking death of a salesman is an atrociously stupid play ?
ozbot: The Scheisse Report (MaxScheisse) on Twitter
b0n1: mircea_popescu I think the motivation to show up for this event should be enough to show up for this event... Who in hell would like to show up there without knowing who is there and what is going on there...
mircea_popescu: makes about as much sense as the goverment on a good day.
mircea_popescu: i have exactly no understanding for it, being not only part of the early community but quite open about things.
b0n1: mircea_popescu I dont want to talk about it in public... I think you should at least have a small piece of understanding of this being part of the early community
mircea_popescu: oh motherfucker, government just elbowed my glass of milk over
mircea_popescu: dude god forbid the government goes away, what will we do without it ;/
mircea_popescu: Duffer1 wait, bitfunder was closed by the government too ?
mircea_popescu: chipug teh list is more or less on the bottom of the post there. but yah, i dun believe in these conference things like they do.
Duffer1: just a hypothesis that could explain both btc-tc and bitfunder closures
Duffer1: i don't know what happened there
mircea_popescu: so closing down the "profitable" thing in the middle of its profit is unexplainable, and the govt did it ?
Duffer1: i wasn't around for the labcoin ipo
mircea_popescu: they didn't manage to actually make money on it.
Duffer1: actm/labcoin trading was a huge increase in trade volume, i'm assuming that would translate into increase revenues, but there is the idiocy factor
theo__: Whats with the Cbtc having such huge buy orders? https://www.havelockinvestments.com/order.php?symbol=CBTC most other shares don't have anywhere near that amount. Anyone provide some guidance at all?
mircea_popescu: how do you know how much money it was making in the first place ?
mircea_popescu: which is the entire thing that powers conspiracism. easier to believe glbse was shut down by aliens than the gaping psychologic chasm of an alternative
Duffer1: well sure, but that doesn't adequately explain why they'd shutdown at their most profitable
mircea_popescu: Duffer1 yes, you are wrong. for instance when the govt closed down the sr, you knew this because... they said so.
mircea_popescu: <b0n1> I am one of the early adopters as you all are, but 10 btc for a meeting? << what have you done ?
mircea_popescu: <Duffer1> i believe btc-tc and bitfunder were likely shutdown by some manner of US federal gov intervention << people believed the same of glbse.
b0n1: I really cant believe davout paid 10 btc to go there...
jurov: I paid only 5 because the rate went up
jurov: and there are hostels in timisoara. i was in one after missing my train, was nice, can't complain
chipug: b0n1: it's not like that's the price of doing it yourself. that's the price of a nice package with it
jurov: just register as non-vip, the hotel rooms and meals are not very expensive
b0n1: I know that meeting people is important... and I also know that meeting important people is more important... but what the fuck should I think about a 10btc meeting? Honestly, I dont understand it...
b0n1: give me a good reason for the price?
b0n1: I really dont know why the price... this just smells bad
b0n1: I am one of the early adopters as you all are, but 10 btc for a meeting?
ozbot: The conference, second edition pe Trilema - Un blog de Mircea Popescu.
jurov: the first link
b0n1: the first one?
Duffer1: neither will talk about it
theo__: What happened to BF? did they just up and run? or get hacked or something?
the20year2: And yet havelock is much more organized then BF was
theo__: jurov: in your experience with this being the case would you invest into first there IPO's and 2ndly would you trust them with your BTC
jurov: ^ b0n1 the first one
gribble: The conference, second edition pe Trilema - Un blog de Mircea ...: <http://trilema.com/2013/the-conference-second-edition/>; Mai 2013 pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2013/05>; Emmanuel Farhi - IMF: <http://www.imf.org/external/np/res/seminars/2013/arc/pdf/farhi.pdf>
jurov: <the20year> There was one guy i talked to who was alright, lots of miscommunication << This too.
jurov: <the20year> for some reason all the guys at havelock hate text commuication and always call << I can confirm
b0n1: hey guys! when is the btc conference of this channel?
gribble: The operation succeeded.
gribble: Error: The "Later" plugin is loaded, but there is no command named "see" in it. Try "list Later" to see the commands in the "Later" plugin.
ThickAsThieves: was there an epic maxcoin failure?
ThickAsThieves: Altcoin can't be banned, it does the banning
gribble: The operation succeeded.
mod6: ;;later tell nanotube i want to buy 500 btc from you at 0.25, as per your outstanding offer. << this comment from the OTC wiki lol
ThickAsThieves: anyone that is trying to teach marketers something, is teaching them how to be a consumer
mircea_popescu: i always thought the farts southpark episode was about him, but they didn't want to name him figuring (corrctly) that he's obscure enough he'd gain from the exposure
mircea_popescu: Bugpowder perhaps, but maybe not in the us.
Bugpowder: Well, I think there is a real market opportunity for localaltcoins.com.
mircea_popescu: pankkake not like i forced them use a dumb pow
pankkake: not the same proof of work, does not compare
Bugpowder: I hear ATC is now pegged to the DOGEer.
mircea_popescu: a, i was talking to him re the 35 44
mircea_popescu: you know, the way bitcoin USED TO BE
gribble: The operation succeeded.
mircea_popescu: ;;later tell bugpowder https://bitcointalk.org/index.php?topic=449354.msg5006812#msg5006812 << all the good work you're doing. want some atc ?
KRS-One: he said there are way more powerful onees.
KRS-One: My friend josh bought a laser you can actually see in the air..fucker hurts.
BingoBoingo: Usually she'd be 20 years older and... the things that go with that
mircea_popescu: BingoBoingo her looking good is the abnormal part.
BingoBoingo: KRS-One: Might be an interesting episode of Law and Order. Catching the criminal who switches dance lasers with death lasers.
KRS-One: BingoBoingo: The thing is you can go to a disco but are you really safe? Any number of those fancy lights and beams could be a death ray.
KRS-One: Turn down the troll a bit.
KRS-One: Love how everyone looks like its perfectly normal to have a barenaked lady standing there in the pool hall.
mircea_popescu: girl that's never been in a pool hall before... props her nose on the cue.
BingoBoingo: KRS-One: If you have farm raised sharks with certifiably low mercury levels, I am pretty sure there are worth much more as food than guards
mircea_popescu: who needs fixed points and for what the fuck.
mircea_popescu: asciilifeform the best part of all this, of course, is that point defense is becoming an exercise in stupidity anyway
BingoBoingo: KRS-One: The shark is too valuable on the plate and in the soup bowl to give it a laser
asciilifeform: but that was mainly to delay the inevitable
asciilifeform: russians (and, at one point, americans) were willing to pop nukes over their own city at one point
mircea_popescu: Namworld so you think, but once you factor in the various factors it's actually no longer the case.
Namworld: The human eye can't see far and human reaction is far slower than tech ersatzes...
asciilifeform: rocket is cheaper than any conceivable 'death ray' or other countermeasure.
mircea_popescu: asciilifeform the salmon strategy, by its scientific name.
mircea_popescu: Namworld the human eye is much better than tech ersatzes.
theo__: Or better yet a satellite system that has lasers built in to act as a defense over the earth creating a overlaying network of defense?
asciilifeform: so now you need a certain number of them, to cover however-many steradians sector of fire.
mircea_popescu: the fist isn't coming from 3 miles away.
BingoBoingo: I was acquainted with someone who worked on an unclassifed project about as useful as missile defense. Essentialy the device was a hair drier large enough to accomodate a 747, because anthrax
mircea_popescu: i didn't think we did either.
asciilifeform: no one even tangentially involved with u.s. mil. work has any real doubt as to the actual purpose of 'missile defense' crap.
mircea_popescu: the 20 frames of a second cover a distance of about 3 miles say.
asciilifeform: on top of it all, the earth... is round.
Namworld: Why wouldn't you if you can visually track the incoming projectile?
mircea_popescu: asciilifeform they keep knocking it, but ultra tensile meshes are better than all the crap they've built so far
mircea_popescu: but... you don't know where the thing will be.
asciilifeform: just looked out the window. no steel mesh dome over wash., d.c. yet.
Namworld: It doesn't matter if you can shoot a volley where the incoming target will be.
mircea_popescu: especially if the wind makes it vibrate.
the20year: They have those
the20year: they have a range of about 2mi
mircea_popescu: the missile is going about 10x as fast as your bullets.
the20year: Remember during the faulklands, the UK ships had those and were able to intercept a total of 0 missiles
mircea_popescu: Namworld i don't think you fully grok the mechanics involkved.
Namworld: With visual instead of radar. Bullet spray. Very efficient considering the cost of bullets. Most expensive is probably the tracking systems.
the20year: There supposedly is a YF23 version that was carrier capable, at a unit cost still well under the F35
asciilifeform: the whole point is to fly below radar
mircea_popescu: (cause obviously, the hypersonic missiles in discussion are chinese tech)
BingoBoingo: the20year: The problem with the F-22 as a universal fighter jet is it is too big for an aircraft carrier. (Apparently noone considered making the smaller version)
the20year: I talk to so many contractors that go into vivid detail of the corruption
mircea_popescu: at least they're not asking for an airplane that works like a submarine
the20year: Especially when the F22 can do the same crap it does, with 10 year older technology for a unit cost that's 30% lower
the20year: F35 is likely the worst
BingoBoingo: mircea_popescu: At the current rate it looks like the F-35 takes the cake. Does nothing well as an airplane, because the Marine corps insists they need a fighter jet that works like a helicopter
asciilifeform: the20year: it'll be ground-burst. because fedex, rather than ballistic, delivery vehicle.
the20year: What's the economic impact of a 1mt warhead detonating 10000ft in the air over manhattan?
mircea_popescu: "Strategic missile defense might therefore very well constitute the worst investment-return ratio of any major military system in U.S. history"
asciilifeform: basic problem is, the answer to a 'defensive' missile is always cheaper than itself
mircea_popescu: this is what people usually say about driving with their feet.
BingoBoingo: I'm telling you, top the interceptor missile with a 30 kt warhead and your margin of error is covered
the20year: and won't work in inclement weather
the20year: That would do hypersonics, but the distance to intercept is only 200-300mi
Namworld: I thought that's why they're aiming at laser defense systems.
ozbot: MIM-14 Nike Hercules - Wikipedia, the free encyclopedia
Namworld: An alert, a short human check on the object to confirm, shootdown.
the20year: Nearly impossible to intercept with another missile, try hitting a moving target that's incoming at mach 15 to mach 20
BingoBoingo: Namworld: the20year: The answer existed in the 50's -> nuclear tipped air defense missiles
the20year: Russia has a few systems deployed that are retargetable RVs that are very effective against most missile defense systems, but our systems aren't going after Russia's , they're more for iran/NK
Namworld: There's already efficient missile defense system for small ones that are cheap enough. Soon enough yeah, laser.
the20year: We have a minimum funding goal of $50k, hopefully we can get there soon so we can get it released and another property
theo__: Thank's for your time the20year il slide over there, and keep an eye on this. Btw congratulations so far on selling ~5500 shares so far.
the20year: Laser based systems can put the hurt on hypersonics
BingoBoingo: asciilifeform: It looks like nike style "You only need intercept the general area" missile defense might make a comeback http://thediplomat.com/2014/02/will-hypersonic-capabilities-render-missile-defense-obsolete/
the20year: that's where i post up the daily details on what's going on
theo__: I may slide over to the channel soon and see how its rocking :)
the20year: Now, we do have the IRC channel at #rentalstarter which helps alot
theo__: I suppose those that communicate with yourself and others inside the company and those who are eager to be involved in more then just "LETS THROW MONEY AT IT!!!!!!"
the20year: Out of the guys we have, there's 3 I really like that do understand business, one is absolutely fantastic, most others don't have much of a interest, so the problem/issue becomes how do I get to cherry pick those that help control the company?
mircea_popescu: "In San Francisco alone, about 60 percent of all robberies involve the theft of a mobile device, Police Chief Greg Suhr said. In nearby Oakland, such thefts amount to about 75 percent of robberies, Mayor Jean Quan added."
theo__: Perfect, the only thing i could see with being the problem is, do the top 5 share holders want a say in the company as in being a director as i think a lot of the investors (especially early IPO) would of just been using it to invest there BTC into real world without the proper understandings to be able to help run something such as this
mircea_popescu: what the fuck leaders, that's not what you call a herd of pencilnecks.
the20year: Or maybe a 5 top shareholders + 5 shareholders as voted by the body
the20year: Mpex is sort of a bitter/sweet thing , high potential for large investment, but high capital to list, and most of my investors stated to me that they wouldn't migrate
theo__: the20year: how much will it be to make it onto the board of directors because that is something that has now caught my attention
Duffer1: mainly it was peta/cfig/mintspare that really tells me they're not interested in investors, they just want to fleece customers
theo__: the20year, i think stay away from mpex as well. Not user friendly unless high level computer user, and i personally believe its tied into a giant drug laundering scheme
ozbot: California leaders push for smartphone kill switch - Wire Technology - The Sacramento Bee
theo__: agreed i own a few to many but lol got excited with there IPO and now own 3000 @ the IPO price >.>
theo__: duffer1: anything further? i would agree that the mintspare company seems shit and also the bitcoin mining derivitive i stay the F away from. But to me seedcoin I was one of the best put companies in a while (well until i saw REAL)
the20year: IE have the top 5 or 10 shareholders get a director position, where we then make the right choices
Duffer1: with the exceptions of rentalstarter and maybe neobee ofc
the20year: As it is right now, i have control and can do essentially what I want, but as I had stated in the past , i want to do like a board of directors type of thing
theo__: ok, and is each share = to 1 vote in the company? so at the end of the day with you retaining 60% stock you always have the winning vote? or will you have your's as a vote of absence and decided only in deadlock?
the20year: and out of all the people i've talked to, he seemed to know what he was doing
Duffer1: the panama fund is shady as fuck
the20year: Then they sent me to some other guy who cleared up literally everything in a 30m phone call
the20year: There was one guy i talked to who was alright, lots of miscommunication
theo__: So the new company who owns havelock you haven't had any problems with? as this was something i noted on the bitcointalk.org forum that people were complaing / being weary of
the20year: for some reason all the guys at havelock hate text commuication and always call
the20year: all that information though is on the contact details at HL :)
mircea_popescu: ok i gotta put the markov chain on ignore, this is too much.
theo__: Do you have an email or any other form of communication to talk more privately? I may think about becoming a largish scale investor in your company. I am liking the way you hold yourself and your answers.
nubbins`: "This week Russia praised the United States for its rich history of making gay athletes feel unsafe and unwelcome"
asciilifeform: 8 shots -> somebody wanted to know where the coldwallet is.
theo__: or other work commitments persay
theo__: so you'r not on any boards anymore that could restrict your commitments to the company if it is to turn well?
the20year: I do some precious metals investing, website development, and I hear my brother will pay me some day
theo__: Youngest = understanding it the fastest in my books anyway
the20year: under my careful management we liquidated the board :D
Duffer1: accidentally shot himself in the back a few times ceo?
the20year: I think i've been on more than that, but i was president of the Pickaway board of realtors which was...fun
asciilifeform: when do we get the chainsaw-autodecapitated CEO?
Duffer1: every single one of them
the20year: You're speaking of the local realtor board?
the20year: I'm the only real manager , if anything were to happen to me, ben from buyahash would step in to manage
the20year: There's only one sizable shareholder that hasn't imported yet
theo__: Do you mind if i ask a bit more of a personal question. As in how old you are? Just so i can get a grasp of who i am investing into, Because as far as i can tell it seems you are the company or is there more people in the managment team?
ozbot: How to pass time on the train - Imgur
the20year: Correct, it's my way of telling them to get it done :)
theo__: so anyone who has not moved there shares misses out.
the20year: .7btc spread out on whatever shares there are
theo__: And you will have first dividend out on the 15th? Which if i look at it right will be averaging a ~3% yield because of the new IPO purchasing power not being included. This would be about right?
the20year: We were on BF from the june IPO through it shutting down
ozbot: imgur: the simple image sharer
theo__: the20year: Bitfunder?
the20year: Yeah, we did quite well in the runup on prices, that was till bitfunder collapsed
theo__: Duffer i have to many BTC to leave them sit as only BTC i need to diversify and RENT offers a realistic aproach to reinvestment with his companies share value only increasing even with the price of bitcoin 8x higher then his inittal IPO