benkay: ;;obip
benkay: i am 12 and what is this
benkay: d'oh
benkay: you are send him to me
benkay: they're scamming you send them to me
benkay: wat who
benkay: and cheap clients
benkay: fire bad clients
benkay: iterate to profit
benkay: don't start capital intensive businesses
benkay: oh duh
benkay: you already agreed with me dude :P
benkay: thoughts?
benkay: repeat until you can actually make money
benkay: and #11 doesn't blow up quite as hard
benkay: hopefully you learn something
benkay: your first 10 fail
benkay: here's the thing about businesses
benkay: better yet, come up with a business that generates coins.
benkay: searching for outsized returns will get you proper fucked.
benkay: "you cannot scam an honest man"
benkay: don't get greedy man. enjoy the gravy train that are bitcoins
benkay: they're a scam
benkay: don't buy bitcoins
benkay: nono
benkay: buy a bfl!
benkay: "in any dispute, the intensity of feeling is inversely proportional to the value of issues at stake."
benkay: gamble while you gable
benkay: so i incorporated some businesses in your bitcoin space to pile risk on your risk so you can invest while you invest
benkay: yo dawg i herd u liek risk
benkay: gotcha
benkay: (as if to imply these conversations and businesses are not real...)
benkay: semantics
benkay: sure
benkay: mircea_popescu: what is the risk distribution and capital structure of afk banks you avoided with the MPEx structuring?
benkay: apologies for interrupting. please continue.
benkay: it's the contrast I'm lacking detail on.
benkay: I understand the MPEx/MPOE structure fairly well, tsp.
benkay: what is the structure of afk banks, and the risk distribution therein?
benkay: makes some guesses about where price will end up based on whatever, and when those numbers are exceeded and there are options traders on the other side...
benkay: hence why the bot takes it hard during months of huge moves
benkay: thanks, mp
benkay: mircea_popescu how would you describe the underwriting operation?
benkay: you if you're crazy and desire absurd returns and don't care about wacky principal writedowns...
benkay: actually, this might be a good time to subscribe to an MPOE bond issuance.
benkay: b0n1: mp is running a a financial operation that makes money when the market stays flat. he'll want the market to stay flat.
benkay: u don sae
benkay: "the only thing feeps shear is being left out"
benkay: not getting enough at home i warrant
benkay: nah trufs don't need adoration, just attention
benkay: zing!
benkay: trying to work one up
benkay: I am not following at all, mp.
benkay: that a thing happened.
benkay: it's an indicator.
benkay: the mark does nothing
benkay: wat
benkay: see?!
benkay: just 'cause you can't parse the idea doesn't mean anything, truff1es.
benkay: jurov, I think that's a meta-joke. "none of this matters anyways because the thing I'm trying to tell you ruins your life regularly will ruin your life about this as well."
benkay: I don't know that MP cares about convincing a small slice of the American technocracy that the USG is broken and/or dying.
benkay: sure. i hold that "honesty" is incompatible with his goals, which are to further derail already degrading programming.
benkay: who are nonetheless *thoroughly* programmed.
benkay: but if you need to break through a firewall...
benkay: sure honesty is great
benkay: (to get excessively nerdy with the metaphors)
benkay: now, MP, what if the borgs are so thoroughly programmed that their filters just escape anything that threatens the binary?
benkay: mircea_popescu, where's the dishonesty in MM's work?
benkay: sorry, mp, I don't understand what you're getting at.
benkay: you push the 'life is all domination and submission at all scales' trip
benkay: he's marketeering new paradigms to undermine the legitimacy of the USG. I can get behind that.
benkay: har
benkay: independent of the writing?
benkay: but do you appreciate good ideas?
benkay: understanding (again, I think) that there's an infinite well of humans who might receive your ideas.
benkay: you, I don't think, care terribly about keeping the systems you operate on intact.
benkay: he just wants to perform low-level hardware attacks on complete systems.
benkay: MM wants functional brain circuitry.
benkay: that word fries circuits in america.
benkay: it's not obvious?
benkay: i am!
benkay: mircea_popescu: he has a different agenda. using that word would drive off the soft-minded he's trying to implant viral ideas into.
benkay: thestringpuller I am genuinely interested in the series of events that pushed you back into the ivory tower
benkay: murky*
benkay: originating in the murkey intuitive parts of my brain
benkay: a hunch
benkay: a bet
benkay: well, things that are related to the real world
benkay: the only way to understand someone's politics is to fucking talk to them about things that are not politics
benkay: derp of derp course it's derp over derplified
benkay: mencius modbug. if you can't handle MP, you really can't handle MM.
benkay: except maybe MM with his "reactionary" thing
benkay: no human with opinions worth paying attention to is a strict any one of those
benkay: liberal, democrat, libertarian are all moronic simplifications
benkay: if you ask infinity times does it matter?
benkay: I'm missing the last pieces in how you got fucked for practicing some sort of atypical entrepreneurship.
benkay: another huge value creator
benkay: actually *biz* stuff, but w/e
benkay: tech stuff you're not interested.
benkay: github eliminates massive comms overhead
benkay: "technically useful" bro has you ever done the distributed teams thing?
benkay: all these all also fall into the bucket of "bullshit we do to make more bullshit for idiots"
benkay: Tesla
benkay: Github
benkay: Heroku
benkay: see: New Relic
benkay: but that works all the time in america
benkay: sure!
benkay: and how were you fucked for practicing it?
benkay: what is 'true entrepreneurship'?
benkay: << doesn't know what he's saying
benkay: ready for a rollover?
benkay: it's a shame you didn't find a shop where that kind of spirit is encouraged
benkay: did you fail out of the job market?
benkay: wat wat wat
benkay: and you're back in school?
benkay: wait wat
benkay: or devops monkey as they're called
benkay: get a job as a jr sysadmin
benkay: homie
benkay: as in topic of bitcoin?
benkay: I hope that Mencius Moldbug engages with you on this one, MP
benkay: really? they're rarely in excess of 2k words
benkay: i ams, mp, I ams.
benkay: not to kiss ass or anything
benkay: trilema's probably a better education than whatever you're studying, thestringpuller
benkay: as I said to a lady last night: "banks offer returns. students don't. end of story"
benkay: bitcoin: officially for hipsters
benkay: truff1es only your body can tell you that
benkay: is bitcoind team actively working on a spec?
benkay: to a spec?
benkay: what are your thoughts on their response?
benkay: cool!
benkay: they're publishing this, notionally data extracted from their client
benkay: anyways
benkay: derp derp derp
benkay: wtf does xchat not support multiple connections?
benkay: and this was done because someone cared
benkay: all of the squee, you guys
benkay: squee
benkay: "all code can and shall have test coverage"
benkay: who don't laugh like apes when someone says "unit test"
benkay: written by professionals
benkay: "in the process found issues with unit tests, non portable functions..."
benkay: hilarious pull quotes:
benkay: bitcoin port in go
benkay: whaddaya mean by got spec?
benkay: hey! whatchall think about btcd?
benkay: sounds like dipshit client using nginx
benkay: if you had stones like riker you'd mount everything too
benkay: well, we use it for not terribly sensitive stuff
benkay: krs1 we use nginx in production
benkay: dat broker
benkay: a cutting critique!
benkay: wtf is this shit:
benkay: new topic!
benkay: bitcoin beanie babies...
benkay: not an investment strategy
benkay: not the dumbest thing ever.
benkay: that's...
benkay: cannot fund with bitcoin
benkay: fail
benkay: oh contract for diff
benkay: that means computational fluid dynamics to me.
benkay: cfd?
benkay: assbanned
benkay: banhammered
benkay: but why would the trolls limit themselves to that?
benkay: what is the concept behind trollbox?
benkay: how does the shmarbitrage on asicminer look across btctc and havelock and all dem?
benkay: that'd ASICplain things
benkay: havelock's got some volume today
benkay: made me teh chuckles
benkay: i liked that coinbase is myspace comment from yesterday
benkay: 1000 on the pt?
benkay: how many shares of asicminer and its passthru are there?
benkay: hub and spoke, excuse me
benkay: when you want a kerjillion nodes, perhaps more sane architecture is nodes that can peer
benkay: node and spoke works well when you don't want a kerjillion nodes
benkay: hard to peer with their setup
benkay: peer over tin cans and string
benkay: hash by hand bro
benkay: good for them, denominating in bitcoin
benkay: ;)
benkay: take that next crap back to analysis, tomservo
benkay: *bawwww*
benkay: i'll show everyone an open outcry
benkay: first cryptocurrency open outcry
benkay: i wish i had been there
benkay: who's going to write a music player for it?
benkay: so this mega thing is pretty rad
benkay: ;;ticker
benkay: he's like inoculations for your brain
benkay: tiberiusiv - banned?
benkay: dude
benkay: it almost cnuts
benkay: don't forget to drop the mic
benkay: mother of all cnuts
benkay: not the opposite
benkay: no no the dick is the *complement* to the vagina
benkay: or an eversion
benkay: i think that's an inversion
benkay: gtfo with your negative cunting, nancy.
benkay: do elaborate, dub
benkay: URH-JUR-NUR
benkay: it's supposed to be grunted as though by a recruiter who doesn't understand the words they use
benkay: it's a bastardization of engineer
benkay: as soon as they reach some marginal level of competence, amazon swoops in and is all "WE R MAKE U NGNR"
benkay: here's the problem with colocation facility techs
benkay: all this herp
benkay: man
benkay: limited targets today tiberiusiv
benkay: $avg
benkay: ;;ticker
benkay: "yo dawg i herd you need to look at your rack"
benkay: on an entirely different topic
benkay: poe tankin
benkay: new mining code?
benkay: what is your intention with btcmu?
benkay: sell it
benkay: startup bros starting startups to help startup bros startup
benkay: ew, launchrock?
benkay: ;;ticker
benkay: lawyers don't move that quickly
benkay: ;;ticker
benkay: havelock
benkay: btctc
benkay: a whole bunch of different exchanges post to -assets
benkay: o.
benkay: but i may chew on it and submit a PR
benkay: i have a bone to pick with someone about that
benkay: oh right! did you write pympex?
benkay: mod6 are you running a service?
benkay: maybe not mod6
benkay: tddlolwut
benkay: all the fuck of you
benkay: I HAVE SEEN YOU ALL DOING THIS
benkay: motto of bitcoin-assets
benkay: test in production
benkay: they need to suffer to learn
benkay: telling them won't change anything
benkay: your opionions are ruining teh buttcoin
benkay: CNUT OMG
benkay: ;)
benkay: sitting on irc daily being a cnut?
benkay: is this what you do kako?