asciilifeform: decimation: less than $5k << one with no optics, yes
decimation: Things are getting better comrades
decimation: I don't think you would be placing fine pitch parts without optics
asciilifeform: decimation: believe or not, the sub-$10k (new) chinese machines seem to lack optics.
asciilifeform: decimation: they're meant to work with hand-holding (if you ask me, that defeats the purpose of a robot)
decimation: heh yeah I agree
decimation: the uber kidnapper is a layered story
decimation: failures in silly-con valley, failures in DC government, failures in DC infrastructure
BingoBoingo: %t
atcbot: [X-BT] Bid: 224 Ask: 279 Last Price: 224 24h-Vol: 175k High: 225 Low: 224 VWAP: 224
TheNewDeal: decimation "When they left their meeting there, they thought about taking Uber, but the wait was too long, so they took a cab instead."
decimation: heh yeah
TheNewDeal: on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping
TheNewDeal: was trying to get a ride home from the airport, brother was asleep, ended up paying $9 after the $25 first time discount
decimation: one wonders about the remarkable tolerance supposedly rich people in the US have for such poor public services
BingoBoingo: Foghorn Leghorn weeps http://www.slate.com/blogs/moneybox/2014/07/10/impotent_roosters_chicken_prices_are_rising_because_of_genetic_problems.html
assbot: Impotent roosters: Chicken prices are rising because of genetic problems.
TheNewDeal: which public services are you speaking of decimation?
decimation: Isn't Lyft the one that works on "donations"
TheNewDeal: yes
TheNewDeal: and they refer to all their customers as "friends"
decimation: well, the taxi inspector who encouraged a high speed chase to settle some paperwork
decimation: then the fact that DC can't keep its radio system running
TheNewDeal: ahhh gotcha
decimation: and apparently the backup is ... sit in the cop station and eat donuts
decimation: england was very well policed before the telegraph
BingoBoingo: But how does it taste? Usually it takes some work to make a Capon Aviagen sent a team of scientists to Sanderson last autumn to study the issue and has acknowledged that an undisclosed change it made to the breed's genetics made the birds "very sensitive" to being overfed, he said. "We fed him too much. He got fat. When he got big, he did not breed as much as he was intended to," Cockrell said about the breed of rooster.
mircea_popescu: ThickAsThieves lmao fo real ?
mircea_popescu: bfl trols sa lmao. idiots.
mircea_popescu: tbh i don't get that bitcoinnews article. wtf is it supposed to be ?
BingoBoingo: ;;bc,stats
gribble: Current Blocks: 310188 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 275 blocks | Next Difficulty In About: 1 day, 18 hours, 2 minutes, and 17 seconds | Next Difficulty Estimate: 17191403242.3 | Estimated Percent Change: 2.21746
TheNewDeal: was hoping for a negative, no clue why
BingoBoingo: The thing about betting for a negative is that even if nextchange is estimated negative the first many days of a period, new hash is going to bleed all over your whites the last couple days
TheNewDeal: very true
TheNewDeal: which is why I have not bet on the negative
BingoBoingo: Then again... Maybe August gets really hot?
TheNewDeal: hottest on record :P
BingoBoingo: Right now here it is a nice 18.3333 C Tomorrow it is only supposed to get up to 29 C
BingoBoingo: Far from hottest on record
decimation: "29. Where persons so keeping watch or ward, shall want assistance therein, any other persons on like duty, having knowledge thereof, by the rattle,signal, outcry, or otherwise, shall repair to, and assist by all means in their power; but no person, during his time of duty, shall absent himself from his particular stand or walk, without consent either of the constable or special constable of the night, unless on the above occasion;
decimation: or for suppressing some disorder of which he is eye or ear witness on some adjoining stand, &c. in absence of the persons keeping watch, &c. therein, nor then longer than necessary, s. 19."
assbot: A Digest of the Public General Statutes from Magna Charta - Robert P. Tyrwhitt, Thomas William Tyndale - Google Books
decimation: radio-free policing
mircea_popescu: decimation do you have any idea what size constraints that;'d put on say la ?
decimation: http://www.thegreenwichphantom.co.uk/wp-content/uploads/2011/04/police-rattle.jpg << said rattle
mircea_popescu: detroit ?
mircea_popescu: no fucking parking lots. 15k a month to park your car.
decimation: I'm not sure that's such a bad thing
decimation: Many us cities would be better off without cars in the urban core
mircea_popescu: well, depends what you're optimizing for.
mircea_popescu: if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing.
mircea_popescu: if you want everyone to be able to pretend they're cool, it'd be horrible.
decimation: at any rate, I bring it up mainly because I suspect that less than 1% of the democratic police even realize that this is how things were done before the radio told them what to do
mircea_popescu: it's not really THAT different anyway is it ?
decimation: not in principle, but it would require more humans to be standing around watching for things going on
decimation: the world's population has never been larger, yet human attention is precious
mircea_popescu: well that's why lol.
mircea_popescu: think about it... every new human has the same basic needs, but as you keep adding them to the long end of stupidity they don't actually add a full measure of attention.
TheNewDeal: bingoboingo, in Arizona right now and it's been lik 40 C +
mircea_popescu: so if population is 5 and per capita avg attention ready to be paid 2.1, then you have 2.1x as much attention as needed.
mircea_popescu: once the population is 50 and per capita avg attention available dropped to .95, you're short already
mircea_popescu: as you add more people it only gets worse.
BingoBoingo: TheNewDeal: Ah, here in the Middle West we've been enjoying one of those Polar Vortex things https://www.youtube.com/watch?v=VnjfYrE7xYQ
assbot: Polar Vortex, You Freeze My Cortex - A Complain Song - YouTube
decimation: mircea, this explains much of the current state of the world
mircea_popescu: people pretend to ignore the fact that human life, like all life, is an exercise in exploring the possibilities. as you increase the population you necessarily lower the averages.
TheNewDeal: bingoboingo that video was awesome. Live in the MN, but haven't been back much during the past few weeks
mircea_popescu: exactly for the reason and through the mechanisms any good investment is its own limiting factor.
TheNewDeal: they
TheNewDeal: the
TheNewDeal: they're getting flooded I hear. (sorry for hitting enter a few times)
mircea_popescu: TheNewDeal we'll just think you got the webcam open on the other monitor.
TheNewDeal: me and indiancandy getting it on
cazalla: her face is all over mfc, nfi what the big deal here was
mircea_popescu: cazalla fail school of whoring, "gotta pretend like it's hard"
mircea_popescu: it's the 80s all over again.
cazalla: XSexyindianx on google images if anyone wants a look
BingoBoingo: It's like the tale of two cam girls
TheNewDeal: is that a tale of two cities reference?
BingoBoingo: Not at all
TheNewDeal: i refuse to believe so
assbot: Rating Details for User 'ninjashogun'
TheNewDeal: :)
mircea_popescu: this is a total fucking performance, -35 in two weeks
mircea_popescu: not even supa.
mircea_popescu: ;;later tell rhoruns did you go by that nick in astonia ?
gribble: The operation succeeded.
assbot: [HAVELOCK] [B.MINE] 98 @ 0.014495 = 1.4205 BTC [+] {2}
fluffypony: ThickAsThieves: normal market forces, miners gon' dump etc.
BingoBoingo: %d
atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 533370.09 in 1166 blocks (#40320) Est. % Change: -32.07
BingoBoingo: !up MarcSummers
BingoBoingo: 1up virtuals
nubbins`: !up virtuals
BingoBoingo: http://www.cryptocoinsnews.com/news/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/2014/07/10 << Andreas finally trying to get out before some thing he endorsed collapses for once?
assbot: Andreas Antonopoulos Leaves Bitcoin Foundation Over "Complete Lack of Transparency"
MarcSummers: uhoh
MarcSummers: you wanna real asset? pee pee coin URO
assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/34YR3MB.txt )
BingoBoingo: !b 2
MarcSummers: start xcp asset xcpeepee
fluffypony: lol xcp
assbot: [HAVELOCK] [AM1] 9 @ 0.19766666 = 1.779 BTC [-] {3}
xmj: mike_c: I don't work >for< benkay. I work with him.
xmj: the joys of having your own setup.
thestringpuller: xmj:
thestringpuller: it's late as fuck go to bed
FabianB: thestringpuller: not everywhere on the globe
xmj: 10:30:15 <+thestringpuller> it's late as fuck go to bed
xmj: I'm currently staying in Cambridge, UK -- 08:38 AM.
thestringpuller: ha
thestringpuller: hooray for time zones
[]bot: Bet placed: 1 BTC for Yes on "Bitcoin difficulty >= 72B on or before Christmas" http://bitbet.us/bet/990/ Odds: 52(Y):48(N) by coin, 51(Y):49(N) by weight. Total bet: 4.23105324 BTC. Current weight: 95,238.
[]bot: Bet placed: 1 BTC for Yes on "Bitcoin incremental difficulty to increase by 9B or more" http://bitbet.us/bet/980/ Odds: 51(Y):49(N) by coin, 50(Y):50(N) by weight. Total bet: 2.2048888 BTC. Current weight: 95,010.
assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica
punkman: re: Lyft/Uber http://abovethecrowd.com/2014/07/11/how-to-miss-by-a-mile-an-alternative-look-at-ubers-potential-market-size/
assbot: How to Miss By a Mile: An Alternative Look at Ubers Potential Market Size | Above the Crowd | By Bill Gurley
punkman: lol "The Game Changer: Uber as a Car-Ownership Alternative"
punkman: you wouldn't believe the amount of spam Uber and Lyft are spreading, trying to recruit new drivers
assbot: SoylentNews | Scientists Who Continually Publish Get More Citations
assbot: Argentinian Money Regulator Mandates Reporting on Bitcoin Activity
pankkake: davout: http://www.numerama.com/magazine/29982-bitcoins-bercy-veut-limiter-l-anonymat-et-plafonner-les-montants.html
assbot: Bitcoins : Bercy veut limiter l'anonymat et plafonner les montants
davout: pankkake: long bitcoin, short france
ThickAsThieves: ;;later tell ericmuyser fix your connection bro
ThickAsThieves: ;;later tell ericmuyser fix your connection bro
gribble: The operation succeeded.
assbot: Klee bounty!
fluffypony: danielpbarron: is this the thing that happened a little while ago where some dude's account got hacked whilst he was on a plane and asked for money to trade?
fluffypony: s/the/related to the
fluffypony: ah, no, that was someone else: https://nxtforum.org/news-and-announcements/incredible-opportunity!/
assbot: Incredible opportunity! (scam, account hacked)
assbot: General security and klee theft situation
pankkake: why should we care?
fluffypony: "1. passes kept in a plaintext file"
fluffypony: ahahahhhaha ha
fluffypony: holy fuck this dude is as bad as usagi
pankkake: lol
pankkake: that guy is a forum retard who invests in every available scam
pankkake: what a surprise
punkman: seems like he's getting some NXT back from bter
punkman: doubt he'll ever see 1000 BTC again
pankkake: and he will never pay that bounty either
BingoBoingo: %t
atcbot: [X-BT] Bid: 224 Ask: 279 Last Price: 224 24h-Vol: 16k High: 224 Low: 224 VWAP: 223
BingoBoingo: !up jdoubleu
jdoubleu: yo thx
BingoBoingo: jdoubleu: What brings you here today
los_pantalones: he's a new camgirl
jdoubleu: interested in learning more about bitcoin, invited by los pants. planned to lurk for a bit
BingoBoingo: Ah, cool.
BingoBoingo: ;;bc,stats
gribble: Current Blocks: 310249 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 214 blocks | Next Difficulty In About: 1 day, 6 hours, 45 minutes, and 16 seconds | Next Difficulty Estimate: 17266282104.5 | Estimated Percent Change: 2.66267
BingoBoingo: %d
atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 538081.55 in 1125 blocks (#40320) Est. % Change: -31.47
ThickAsThieves: <+mircea_popescu> tbh i don't get that bitcoinnews article. wtf is it supposed to be ? /// me either, it reads like it was sleepwritten
BingoBoingo: Sleepwriting is the best
Apocalyptic: pankkake, have you seen http://www.boursorama.com/actualites/bercy-veut-encadrer-l-utilisation-du-bitcoin-9f18f62202aedaaa4261d8badc8eb3b1 ?
assbot: Bercy veut encadrer l'utilisation du Bitcoin
pankkake: yes, read the logs!
Apocalyptic: k, i'm out of the loop
assbot: jdoubleu +v failed; L1: 0, L2: 0
FabianB: !up jdoubleu
los_pantalones: ;;rate jdoubleu 1 your go-to guy for a manhattan, white russian, and trip to dolls
gribble: Rating entry successful. Your rating of 1 for user jdoubleu has been recorded.
assbot: Bitcoin
davout: Apocalyptic: twas in lemonde.fr too
Apocalyptic: davout, I bet
Apocalyptic: "souhaite réguler l'utilisation des monnaies virtuelles, comme le Bitcoin, en plafonnant notamment les montants qu'elles peuvent servir à payer"
Apocalyptic: this is kind of lulzy
pankkake: "In a future where Bitcoin is popular and pervasive, Bitcoin mining is about much more than mining for profit."
davout: Apocalyptic: it's kind of consistent if you compare it to cash thresholds
pankkake: I hope the guy gets hecklers
kakobrekla: slovenia does bitcoin conferene but no best slovenians on it
Apocalyptic: davout, it is, the thing is it's not really enforceable
kakobrekla: how strange.
davout: Apocalyptic: except with fr payment processors
Apocalyptic: of course
davout: the pretty cool thing tho are the mentions about vat
Apocalyptic: yeah, that is sensible
davout: except they kinda say "we'll see later about that"
davout: i really have nothing against going the fuck out of france :)
Apocalyptic: heh :)
BingoBoingo: kakobrekla: You should go there and just piss on the podium
kakobrekla: or just mix the laxatives in the drink and run.
mircea_popescu: !up jdoubleu
thestringpuller: bc,stats
thestringpuller: ;;bc,stats
gribble: Current Blocks: 310253 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 210 blocks | Next Difficulty In About: 1 day, 8 hours, 6 minutes, and 6 seconds | Next Difficulty Estimate: 17192441000.7 | Estimated Percent Change: 2.22363
mircea_popescu: ;;ident jurov
gribble: Nick 'jurov', with hostmask 'jurov!~jurov@mx.coinbr.com', is not identified.
jurov: ;;gpg everify freenode:#bitcoin-otc:ed0b84b6934b5585ad167237010b74d30020c9bd984a175b6db6de50
gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7
assbot: [HAVELOCK] [PETA] 54 @ 0.03757167 = 2.0289 BTC [+] {9}
fluffypony: holy shit, ericmuyser please fix your fucking connection
mircea_popescu: does that mean his connection is slutty, fucking around, and he should fix, ie castrate it ?
fluffypony: D) All of the above
mircea_popescu: !up alex_c
assbot: [HAVELOCK] [B.SELL] 64 @ 0.01525 = 0.976 BTC [+]
assbot: [HAVELOCK] [B.MINE] [PAID] 1.65223501 BTC to 11`051 shares, 14951 satoshi per share
assbot: [HAVELOCK] [PETA] [PAID] 173.75743686 BTC to 82`142 shares, 211533 satoshi per share
assbot: [HAVELOCK] [PETA] 20 @ 0.03665908 = 0.7332 BTC [+] {4}
assbot: [HAVELOCK] [SCRYPT] [PAID] 6.53965170 BTC to 29`438 shares, 22215 satoshi per share
BingoBoingo: - ;;ticker
BingoBoingo: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 628.78, Best ask: 629.52, Bid-ask spread: 0.74000, Last trade: 629.52, 24 hour volume: 6210.79826244, 24 hour low: 612.58, 24 hour high: 630.0, 24 hour vwap: 0
pankkake: http://www.reddit.com/r/Buttcoin/comments/2adssm/buttcoin_foundation_rocked_as_founder_exposed_to/
assbot: Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs : Buttcoin
mod6: %d
atcbot: [ATC Diff] Current Diff: 785138.67 Est. Next Diff: 539534.36 in 1105 blocks (#40320) Est. % Change: -31.28
mod6: %p
atcbot: [CoinMiner Hashrate]: 0.03 TH/s [PityThePool Hashrate]: 4754.24 GH/s
BingoBoingo: So Lebron signed with Cincinnati, or Cleveland. Which ever C town in hell has a basketball team
BingoBoingo: Speaking of Ohio... how is rentalstarter doing?
benkay: !t h rent
assbot: [HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)
mircea_popescu: ;;seen hm.
gribble: I have not seen hm..
mircea_popescu: what was the guy's name ?
mircea_popescu: ;;seen the20year
gribble: the20year was last seen in #bitcoin-assets 10 weeks, 2 days, 0 hours, 39 minutes, and 42 seconds ago: <the20year> Corn oil sells locally for $3.25/gal
assbot: [HAVELOCK] [PETA] 153 @ 0.0368 = 5.6304 BTC [+]
BingoBoingo: !t h RENT
assbot: [HAVELOCK:RENT] 1D: 0.00405000 / 0.00438703 / 0.00467000 (348 shares, 1.52668600 BTC), 7D: 0.00400001 / 0.00422048 / 0.00467000 (1587 shares, 6.69790702 BTC), 30D: 0.00200000 / 0.00382689 / 0.00467000 (6591 shares, 25.22302928 BTC)
BingoBoingo: So not the lowest they've been this months, but still well any of their OMGWTFIPOs
assbot: [HAVELOCK] [PETA] 17 @ 0.03662941 = 0.6227 BTC [-] {3}
mike_c: it has held up because the exchange rate has been so stable. the guy doesn't seem like a scammer, or even incompetent. it would be a good investment if bitcoin didn't exist.
mike_c: i wonder what would have happenned if this was advertised on espn.com http://bitbet.us/bet/960/lebron-james-to-take-his-talents-elsewhere/
assbot: BitBet - LeBron James to take his talents elsewhere :: 0.21 B (42%) on Yes, 0.29 B (58%) on No | closing in 3 months 1 week| weight: 84`213 (100`000 to 1)
mike_c: it was 2.9 : 1 before that last scammer bet. the underdog won again
assbot: [HAVELOCK] [PETA] 17 @ 0.037368 = 0.6353 BTC [-]
assbot: [HAVELOCK] [PETA] 25 @ 0.03582069 = 0.8955 BTC [-] {5}
mircea_popescu: mike_c why scammer bet ?
BingoBoingo: http://i.kinja-img.com/gawker-media/image/upload/s--lL5_3Pf---/c_fit,fl_progressive,q_80,w_636/z9z6weno6y6yyho61uvs.png
mike_c: the bet is logged at 16:26 today, i assume that is GMT? Lebron tweeted a link to the sports illustrated article at 16:31, I assume it had been published more than 5 minutes earlier.
asciilifeform: BingoBoingo: lol!
assbot: [HAVELOCK] [B.SELL] 38 @ 0.015399 = 0.5852 BTC [+]
assbot: [HAVELOCK] [PETA] 15 @ 0.03679 = 0.5519 BTC [+]
mike_c: yeah, here it is at 13:30 gmt: https://twitter.com/KingJames/status/487634726736646144
mike_c: scammers be scammin'
assbot: [HAVELOCK] [PETA] 400 @ 0.03808767 = 15.2351 BTC [+] {8}
assbot: [HAVELOCK] [CFIG] 11 @ 0.049 = 0.539 BTC [-] {2}
mike_c: BingoBoingo: lol. people like spielberg are the reason dinosaurs are EXTINCT now.
jurov: maybe i'll place sponsored link on reddit "Short All The Bitcoin Scams"
jurov: with info how to use coinbr to trade DERPs
jurov: might be fun
assbot: [HAVELOCK] [PETA] 20 @ 0.03815 = 0.763 BTC [-]
assbot: [HAVELOCK] [PETA] 30 @ 0.0381799 = 1.1454 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 14 @ 0.03810854 = 0.5335 BTC [-] {4}
penguirker: New blog post: http://www.thedrinkingrecord.com/2014/07/11/a-friendly-reminder-on-shorting/
jurov: lol everyone's thinking about it
jurov: maybe it can be done even more diabolically
BingoBoingo: Evil finds a way
jurov: have anothe sponsored link "Buy Shares of All the BTC companies you love"
jurov: and link it to info about how to go long on coinbr
jurov: (different from above one)
fluffypony: [21:16:02] sud0sandwich: BREAKING NEWS: Facebook has acquired potato salad for $2 billion.
fluffypony: lol
bitcoinpete: howdy
jurov: hi pete
thestringpuller: ;;bc,stats
gribble: Current Blocks: 310280 | Current Difficulty: 1.6818461371161112E10 | Next Difficulty At Block: 310463 | Next Difficulty In: 183 blocks | Next Difficulty In About: 1 day, 5 hours, 5 minutes, and 9 seconds | Next Difficulty Estimate: 17170379755.6 | Estimated Percent Change: 2.09245
bitcoinpete: heya jurov, how goes coinbr?
bitcoinpete: asciilifeform: today we have technology, no longer need squirrel to see colour. but still necessary for 3d, etc. << skvirrel! and moose!
jurov thinks of something funny
jurov: you can rest assured your coinbr assets are completely safe
bitcoinpete: mircea_popescu: kako is a graybeard despite his tender years << nao i want to dox the guy, find out how tender...
jurov: at least till monday
bitcoinpete: jurov: can i get fiat-denominated insurance on that promise?
jurov: yes
bitcoinpete: i like
jurov: but how? you pay me 10 euro, i pay you 1000 if your mpex assets vanish before monday?
bitcoinpete: decimation: failures in silly-con valley, failures in DC government, failures in DC infrastructure << failureville, usa. it's like the new springfield
bitcoinpete: jurov: lol i was more poking fun at circle, pierce, etc
benkay: armory is a gui-only thing, right?
bitcoinpete: benkay: pretty sure ya
jurov: lolk
benkay: htm
benkay: hrm*
bitcoinpete: TheNewDeal: on a similar note, I just used Lyft for the first time last week, and it worked out without a kidnapping << that's what they want you to think
mike_c: benkay: you can acces everything through python
bitcoinpete: mircea_popescu: if you want the babes to be REALLY impressed with your car, then it would be a pretty sweet thing. << like london. can't park your zonda anywhere
assbot: Python Scripting | Bitcoin Armory
bitcoinpete: mircea_popescu: exactly for the reason and through the mechanisms any good investment is its own limiting factor. << this is a thought
benkay: awesome mike_c you're a scholar
mike_c: and a gentleman
bitcoinpete: fluffypony: "1. passes kept in a plaintext file" << those kids
BingoBoingo: benkay: Armoryd is a thing
mircea_popescu: !up indiancandy1
bitcoinpete: well there ya go, i should know better than to chime in on armoury's guiness
assbot: Canada jobs, unemployment
BingoBoingo: bitcoinpete: If you thing bitcoind takes up a lot of hard drive space though...
mircea_popescu: bb has a point, http://bitbet.us/bet/854/brock-pierce-to-resign-at-btc-foundation/ is maybe a little lopsided
assbot: BitBet - Brock Pierce to resign at BTC Foundation :: 0.3 B (3%) on Yes, 10.08 B (97%) on No | closing in 1 month 2 weeks | weight: 45`677 (100`000 to 1)
bitcoinpete: canadian unemployment 7.1%, usa at 6.1%
bitcoinpete: totally made up stats but y'know
benkay: our fictions are less than yours
bitcoinpete: or yours are greater
bitcoinpete: and ours more accurate
indiancandy1: hi amigos
bitcoinpete: no way to know!
fluffypony: wtf is this, I don't understand: https://bitcointalk.org/index.php?topic=686482.0
assbot: Giveaways from Mr Ricardo investor and diplomat
bitcoinpete: mircea_popescu: if derpopolous, matonis, etc can jump ship, why not pierce
mircea_popescu: everyone jumps shit eventualy.
benkay: hop a poop
mircea_popescu: fluffypony is that you ?
fluffypony: no
mircea_popescu: "I am Mr Ricardo, one of the first bitcoin miners early in 2009, prosperous engineer, social policymaker and developer of different marketplaces everywhere in the network."
fluffypony: I'm Riccardo with two c's (Italian) - Ricardo with one c is Spanish / Portuguese
mircea_popescu: basically, rpietilla v2.0
mircea_popescu: who in turn was goat 2.0
asciilifeform misread as 'prosperous social engineer'
mircea_popescu: it won't soon end. next move is rap derps going on about their bitcoin creed
fluffypony: "broadcasting transfers rebuilding musing searching resources spreading means handling experience"
mircea_popescu: the consumer end is cursed to be forever consumer facing.
fluffypony: that sounds like "I shat a bunch of words out because I'm high"
mircea_popescu: well... the demo is high.
fluffypony: lol! https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpa1/t1.0-9/10447408_891063467576825_1721796086288559289_n.jpg
mircea_popescu: "My contribution in the innovative structures last years filled out 88% of my time."
indiancandy1: how is evryone today
mircea_popescu: pretty amused.
benkay: thanks BingoBoingo
fluffypony: that is great
mircea_popescu: "Huge investors are consolidating here, that's good sign. You found this topic very fast. Excellent. Big things in work."
benkay: ;;rate mike_c 2
gribble: Error: For identification purposes, you must be authenticated to use the rating system.
mircea_popescu: buncha squatters
benkay: ;;eauth benkay
gribble: Request successful for user benkay, hostmask benkay!~user@unaffiliated/benkay. Get your encrypted OTP from http://bitcoin-otc.com/otps/2AFA1A9FD2D031DA
benkay: ;;everify freenode:#bitcoin-otc:5ddaa809667d6a93d9b743d548729a1881869d70787a583a497c4277
gribble: You are now authenticated for user benkay with key 2AFA1A9FD2D031DA
benkay: ;;rate mike_c 2
gribble: Rating entry successful. Your rating of 2 for user mike_c has been recorded.
mircea_popescu: "I will rape you fucking partridge. I am more legit then you. I am sure that your account is hacked and you are not the one you are trying to show. Shut up there or i will fuck you in hole"
mircea_popescu: is this a re-do of the s.limbs ?
fluffypony: classic
fluffypony: "Shut up there or i will fuck you in hole between buttocks."
fluffypony: let's use the whole phrase
fluffypony: because it's awesome
mircea_popescu: kinda long tho
assbot: Last 4 lines bashed and pending review. ( http://dpaste.com/2BW5YVK.txt )
benkay: !b 4
mircea_popescu: assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica << punkman to be fair, that's not really either important or making a lot of sense. sometimes prototypes fail, which is why they're called prototypes. i don't think you can find any item which didn't have millions "wasted" in prototyping
mircea_popescu: the problem with kickstarter and the shit trying to copy it isn't that it wastes a lot of money, but that it wastes it pointlessly.
asciilifeform: sane people don't sell prototype as product.
mircea_popescu: asciilifeform sane people also aren't on kickstarter, nor do they think everyone's their peer, nor do they think they have something to "contribute" in random fields that never heard of them.
mircea_popescu: we're in postmodernism here, and so therefore postsanity.
asciilifeform: lol
assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/2JTY2RT.txt )
bitcoinpete: !b 3
mircea_popescu: of course, actually wasting money is a net positive for the us system.
mircea_popescu: in that it deflates the bubbles.
mircea_popescu: the most important economic activity in a runaway inflation macroeconomy is the writing off of bad debts.
asciilifeform: it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry
mircea_popescu: which is kinda why the headlines read like they did, a few years ago. "x bank writes off y bilions"
mircea_popescu: asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it.
asciilifeform: the people who did that kickstart, for instance, are separated from their true motherland - the uranium mines - for so long as the money lasts them.
mircea_popescu: as long as the scammers actualy waste it, rather than keep it, this is financial sterilisation.
mircea_popescu: you're looking at it up the river.
mircea_popescu: entropy actually flows the other direction
asciilifeform: who will replace the uranium that wasn't mined?
mircea_popescu: but the reason these derps are on kickstarter and bitcointalk instead of whatever mine isn't that they had enough money and bought their way out.
benkay: <asciilifeform> it isn't wasted 'correctly' though. it ends up feeding folks who ought to have gone hungry // <mircea_popescu> asciilifeform that's the minor part of the binomial. the major part is that it is removed from folks who shouldn't have had it. // wait how is taking the money from people who shouldn't have it and giving it to others who shouldn't have had it either not subtracting a from x and then adding a back to x?
asciilifeform: from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank
mircea_popescu: benkay because group 1 was "investing it" therefore wrecking capital allocation
benkay: i'm living through a fog of back pain today so forgive the retardation
mircea_popescu: whereas group 2 just spends it, therefore merely wasting resources.
mircea_popescu: consider group 1 of 50 idiots who "invested" with pirate, thus creating for me the problem of there existing a pirate, something im still dealing with.
mircea_popescu: vs the 50 idiots who bought pizzas and lost wallets and whatnot.
mircea_popescu: which is the more pernicious iyo ?
asciilifeform: mircea_popescu: aha i recall, you described this lemma in the 'tin woman' essay
mircea_popescu: if there were no pirate and no silkroad whatshisname, the usg wouldn't be tempted today by the very dangerous heresy that "maybe it can make it on its own"
mircea_popescu: generally, the sooner agents are brought to their knees the less blood gets spilled.
mircea_popescu: <asciilifeform> from a different angle: why no cheap factorygurlz in usa? because the 'candidates' are instead paid to sit and wank << false. the cheap factorygirlz in china come from families which have cared enough about them to invested beatings and other very valuable time.
bitcoinpete: mircea_popescu: other than just having a mountain of coins and the ability to dispense of them erratically, how does pirate impact you?
mircea_popescu: no such thing in the us. that's why.
mircea_popescu: bitcoinpete that's exactly it.
asciilifeform: mircea_popescu: very pessimistic, but probably true. the inevitable conclusion is 'biodiesel.'
bitcoinpete: a ok
mircea_popescu: bitcoinpete consider the case of a street where some idiot builds an unstable skyscraper.
mircea_popescu: the cost of the thing falling may be 10k
benkay: Mats_cd03: how much time would making rest-y interface to bitc take?
mircea_popescu: but the cost of everyone on the street insuring against being fallen on ? 1mn over 10 years.
asciilifeform: if i recall, this used to be called 'externality'
mircea_popescu: exactly
bitcoinpete: right. so the energy expending in making the infrastructure robust enough to deal with pirate's hits are severely costly
mircea_popescu: that's why you don't let derps build unstable skyscrapers. not because the thing WILL fall, but because the thing MIGHT fall
mircea_popescu: which is more expensive than it simply falling.
asciilifeform: or, one could say, the cost of a maniac spinning round and round with machine gun is not merely the wasted lead.
mircea_popescu: something like that.
mircea_popescu: and now y'all are better qualified risk managers and generally speaking financiers than pretty much everyone under 30 on ws.
bitcoinpete: this appears to be one of those cases where the cost of uncertainty greatly exceeds the potential benefits of the construction
mircea_popescu: and an appalling fraction of the over 30 crowd to boot
bitcoinpete: sort of like playground equipment with built-in buzzsaws
bitcoinpete: or the opposite of most of the de-riskified markets (and playgrounds)
mircea_popescu: bitcoinpete problem is there's two kinds of risk.
mircea_popescu: the risk that your prototype may not work, for whatever real reason, is one type, and eminently insurable.
bitcoinpete: sure, have lots of prototypes..
mircea_popescu: the risk that your boss may not let you make the prototype however, for whatever ideological reason, is the other type.
bitcoinpete: ya, can't have lots of bosses
mircea_popescu: eminently uninsurable, and the confusion between the two things pretty much the #1 killed of insurance businesses.
bitcoinpete: interesting.
bitcoinpete: so with pirate, we can't make prototypes because we don't know if he'll say yes?
mircea_popescu: uh
bitcoinpete: in that we can try to make something and he could arbitrarily crush it
bitcoinpete: or not arbitrarily
mircea_popescu: no, more like we tell that Columbia girl that the best future for her is on her two knees and with a welted butt in our household
mircea_popescu: but this idiot with a flashy car tells her how he's gonna make her a singer-actresss
mircea_popescu: and stupid as she is, she goes for it.
mircea_popescu: two years later, she's working that mfc and wondering "why it all went wrong"
bitcoinpete: so another 5 years pass and she humbly comes to her senses, following the girls who make the right decision 7 years priot
bitcoinpete: prior*
mircea_popescu: there's no coming back.
mircea_popescu: this is a didactic illusion, people do it in school.
bitcoinpete: hm ya, "upgrading"
bitcoinpete: so a lot of people who got into bitcoin in 2011 and got raped by pirate are gone forever
bitcoinpete: and probably worse off than people who got in in 2013
mircea_popescu: well no. most of them went on to "invest" in glbse, be "offended" by mpoe-pr, then "invest" in whatever,
mircea_popescu: they're still around, mostly, still derping, mostly
mircea_popescu: by the time you're that defeated you really have no incentive left to admit you're stupid.
bitcoinpete: so they suck versus more humble, even later, entrants
mircea_popescu: "people", ie, nobodies who got in in 2013 got in at a time their meagre disposable income already made it impossible for them to matter.
mircea_popescu: so a lot of the heartache of discovering one is poor because one is stupid, not because one never "had a chance" is spared them.
assbot: SoylentNews | Police Request Permission to take Nude Photo of Minor Sexting Suspect
mircea_popescu: benkay iitl!
asciilifeform: nobodies who got in in 2013... meagre disposable income already made it impossible for them to matter << not so simple. chumpatronic engineers, malware artists, etc. who got in 2013 (or even today) can still accumulate enough to build plenty of falling skyscrapers
mircea_popescu: "Young math students are warned about the critical difference between precision and accuracy. Financial models, especially valuation models, are interesting in that they can be particularly precise. A discounted cash flow model can lead to a result with two numbers right of the decimal for price-per-share. But what is the true accuracy of most of these financial models?"
mircea_popescu: bill gurley is fucking retarded.
asciilifeform: or is there reason to think that we've reached a 'ground state' where all of the money has left the 'fool pockets'
mircea_popescu: why put a pike on display just to stab yourself on the eye with ? just don't mention statistics at all, and merely go on derping nudely, "i want uber to be worth moar"
mircea_popescu: asciilifeform the problem was 1mn btc sloshing together at a time the total circulating btc was like 5mn
mircea_popescu: nobody getting in today gets even 100k together, let alone 3mn, to keep proportions.
mircea_popescu: most "vc"s are exposed to less btc than usagi was three years ago, for crying out loud.
bitcoinpete: at least vc's use back-ups
assbot: [HAVELOCK] [PETA] 22 @ 0.039863 = 0.877 BTC [+] {2}
asciilifeform: wouldn't the increased fiat pull of btc today compensate? e.g. for 30k btc one can build an actual skyscraper - which proceeds to fall...
mircea_popescu: i do not care what happens in the fiat world.
mircea_popescu: not anymore.
mircea_popescu: let obama fix that.
mircea_popescu: "So here is the objective of this post. It is not my aim to specifically convince anyone that Uber is worth any specific valuation. What Professor Damodaran thinks, or what anyone who is not a buyer or seller of stocks thinks, is fairly immaterial."
mircea_popescu: if there ever was a good signal to gtfo out of us stocks... i dunno what else it could be,.
bitcoinpete: mircea_popescu: so what do some of the scenarios of pirate shenanigans look like?
dub: tl;dr on mpex?
mircea_popescu: "being arrested and dropping ten btc to the usg"
assbot: MPEx status update pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: " For most of America, prior to Uber it was impossible to predict how long it would take for a taxi to show up."
dub: ty
mircea_popescu: dude srsly... how is this a country ?
bitcoinpete: http://reason.com/blog/2014/07/10/senate-judiciary-committee-backs-constit << on the us as "a country"
assbot: Senate Judiciary Committee Backs Constitutional Amendment to Restrict Free Speech - Hit & Run : Reason.com
midnightmagic: Nobody cares about taxis or buses or rail. Everyone just has a car.
mircea_popescu: i can tell you that uber has 0 chances in romania, because i've never had a taxi be over 5 minutes, nor did i ever have a problem getting lost items back
mircea_popescu: generally, the driver just brings it back.
mircea_popescu: argentina is no different
mircea_popescu: the idea that there's a "global market" is beyond shoddy.
mircea_popescu: actualy, to put it in perspective, i've lived here for over a month, took > 100 rides, NEVER HAD TO CALL ONE.
mircea_popescu: never waited more than a minute. walk up to street, lift hand. taxi is tere.
jborkl: If you were so inclined, to further drive mirceas point. It was very easy to raise 50K bitcoins two years ago
asciilifeform: incidentally, i recently read a hilarious book by a russian who drove a taxi in new york in the '70-'80s. 'желтые короли' ('yellow kings.' in english translation - which apparently exists - 'taxi from hell')
bitcoinpete: jborkl: was like $1mn then
dub: i'd use uber
jborkl: well let me give you this example - Bakewell raised funds through a IPO with a shoe on his head picture to build 2 GPU minners
bitcoinpete: bbiab
dub: taxi's are safer called, mopst of the flaggable ones are driven by rapists
mircea_popescu: dub now how did you form that idea ?
asciilifeform: 'uber' is just another in a long line of chumpatrons which work by persuading some chumps to make idiotic business decision, and packaging/selling the result to other chumps
asciilifeform: see, e.g., 'etsy'
jborkl: people fell all over themselves to "invest" in this
mircea_popescu: asciilifeform etsy is a great place to meet famished young things. some pretty. some educable.
dub: I liked that park auctioning app from the valley
asciilifeform: lol
asciilifeform: mircea_popescu can apparently reprocess anything into a useful feedstock. like the chicago stockyards famously used 'even the squeal of the pig.'
mircea_popescu: it's a talent.
assbot: App lets you auction your San Francisco parking spot - Boing Boing
assbot: imgur: the simple image sharer
fluffypony: that is awesome
mircea_popescu: lol so the frenchies want to a) make bitcoin tx illegal among anon parties and b) make max tx 3k euro.
mircea_popescu: i wonder what's next, we decide to confiscate all bitcoin owned by anyone involved with the french government ?
asciilifeform: mircea_popescu: next, they order the blockchain whipped. and branded.
davout: mircea_popescu: don't even get me started
mircea_popescu: davout why do you live in Dumblandia ?
davout: no, because i read between the lines of that thing
mircea_popescu: fluffypony ahaha appreciated.
davout: i think they are fucking terrified
jborkl: so how exactly do they propose to enforce this?
jborkl: oh wait they cant
davout: jborkl: they just "said" nobody expects them to "do"
mircea_popescu: https://nxtforum.org/general-discussion/klee-bounty!/ << someone explain wtf this retardation is ?
assbot: Klee bounty!
mircea_popescu: in terms easily digestible for you know, sane people.
jborkl: he got 1200 btc stolen
mircea_popescu: how ?
jborkl: and is paying 500 to get it back
jborkl: some alt coin
jborkl: neex coin?
jborkl: cleartext dropbox
jborkl: .dat
mircea_popescu: so is it that some derp holding a worthless scamcoin he arbitrarily values at 1k btc got his worthless scamcoin "stolen"
mircea_popescu: through such eminent strategies as giving away whatever passes for a password in that particular altscam world ?
mircea_popescu: and in fact what was stolen is a broken spoon nobdy cares about except for some down syndrome patients ?
mircea_popescu: cause that's what i got on the first pass.
jborkl: well, you know a broken spoon is worth a bunch to the creator or the mentally ill
jborkl: so yes
mircea_popescu: great. punkman is like the resident social caseworker.
jborkl: oh wait - no he really has 1170 btc, in btc
jborkl: had
assbot: Bitcoin Adres 1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr
mircea_popescu: that was a short trip
mircea_popescu: kakobrekla: or just mix the laxatives in the drink and run. << why run ?
mircea_popescu: let their gut run and watch.
kakobrekla: dun wanna be covered in shit.
mircea_popescu: aren';t you slovenian already ?
kakobrekla: ill subscribe for french passport at this rate.
davout: you are mistaken
davout: the reason we don't shower is that we naturally smell awesome
mircea_popescu: you know they'll make you dine as a citizenship test ?
mircea_popescu: ;;google faire dinette
gribble: DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest: <http://www.pinterest.com/playwithkids/dinette-au-crochet-marchande-play-food/>; dinette on Pinterest: <http://www.pinterest.com/misscoquillages/dinette/>; Dodo dinette - French Children's Songs - France - Mama Lisa's ...: <http://www.mamalisa.com/?t=es&p=1257&c=22>
kakobrekla: do they have spoons?
davout: mircea_popescu: lol didn't i show you this one ?
davout: ;;google faire dinette wikipedia
gribble: Dînette — Wikipédia: <http://fr.wikipedia.org/wiki/D%C3%AEnette>; France - Zappa Wiki Jawaka: <http://wiki.killuglyradio.com/wiki/France>; dinette — Wiktionnaire: <http://fr.wiktionary.org/wiki/dinette>
mircea_popescu: davout indeed. i learn fast and permanently.
davout: ;;google wikipedia soupeur
gribble: soupeur - Wiktionary: <http://en.wiktionary.org/wiki/soupeur>; Lojeanz didier - YouTube: <http://www.youtube.com/channel/UCRFlLIM4SVfXQjlqAYV_rGw>; Monosodium glutamate - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Monosodium_glutamate>
davout: hehe this page is only in french
mircea_popescu: http://www.pinterest.com/playwithkids/dinette-au-crochet-marchande-play-food/ << this is pretty good lmao
assbot: DINETTE AU CROCHET MARCHANDE PLAY FOOD on Pinterest
davout: I'D PLAY WITH THAT
bitcoinpete: fluffypony: http://imgur.com/a/lphHd << lmao. thx for this. hardest i've laughed in a while!
assbot: imgur: the simple image sharer
mircea_popescu: http://imgur.com/gallery/uf3YE << i join in the "wtf, canada!"
assbot: WHAT THE ACTUAL FUCK, CANADA? - Imgur
bitcoinpete: we love animals
bitcoinpete: they're all over our fiat
HyperChetty: bear balls?
bitcoinpete: http://storage.canoe.ca/v1/dynamic_resize/?src=http://www.canoe.ca/Canoe/Money/News/2014/02/19/toonie_650.jpg&size=650x366&quality=85
bitcoinpete: ^two dollar coin aka "toonie"
mircea_popescu: wtf url and wtf braindamaged scheme is that!
bitcoinpete: lol
bitcoinpete: http://www.classicdriver.com/en/article/auctions/great-proletarian-pullman-bonhams-auction-mao-ministers-mercedes << so who wants to play dictator?
assbot: The great proletarian Pullman - Bonhams to auction Mao minister's Mercedes | Classic Driver Magazine
bitcoinpete: pretty sure idi amin had one of these too
bitcoinpete: http://www.auctionsamerica.com/events/all-lots.cfm?SaleCode=LC14 << you can also play dictator with a couple tanks if merc sedans aren't your thing
assbot: Auctions America - The Littlefield Collection
bitcoinpete: Panzerkampfwagen IV Ausf. H (Sd.Kfz. 161/2) is ~$2.5mn
mircea_popescu: btw, if anyone's got 12 yos, get them "i sell the dead"
mircea_popescu: i have no idea why that thing's not more famous, it has just the right combo of freaky, cultured and humour to be another barbarella.
mircea_popescu: well maybe that's overstating a point. but anyway.
assbot: [HAVELOCK] [PETA] 76 @ 0.03992963 = 3.0347 BTC [+] {2}
assbot: Millennials’ Political Views Baffle Baby Boomers - TIME
mircea_popescu: what happened to those old days when in order to have a view one first had to persuade ?
mircea_popescu: millenials have no views.
asciilifeform: mircea_popescu: those old days when in order to have a view one first had to persuade >> http://jjlindal.net/jafl/nn_koan.php << obligatory
assbot: A Neural Network Koan
mircea_popescu: myeah.
asciilifeform: bricks have views. we just don't know how to ask them what they are.
mircea_popescu: a brick has no view.
asciilifeform: one would suppose. but the author of the linked article might disagree
mircea_popescu: to have a view eyes are not enough to see, nor mouth enough to speak, nor even some ganglion to somehow connect these two. in order to have a view one must have the ability to evoke that view in another, preferably another who does not care.
mircea_popescu: absent that, there's no view.
assbot: [HAVELOCK] [PETA] 18 @ 0.03842703 = 0.6917 BTC [-] {6}
bitcoinpete: http://www.buzzfeed.com/jessicamisener/the-20-most-sizzling-rich-white-guy-fashion-moments-from-sun << doze sv boyz
assbot: The 20 Most Sizzling Rich White Guy Fashion Moments From Sun Valley
mircea_popescu: "a sophisticated yet fun and funky tee." ?!
mircea_popescu: jesus who put stale pasta in Jessica Misener's cerebral cavity and why am i reading this sht.
bitcoinpete: it's like a relaxed yet cutting edge toothpaste
bitcoinpete: shoulda had a disclaimer on that link
bitcoinpete: "Humbling to see women in #fintech like @37coins & @BitPesa delivering on the promise of #bitcoin to empower the unbanked. #CoinSummit"
mircea_popescu: lol waitwut ?
mircea_popescu: what'd the chicks deliver ?
mircea_popescu: "For most older Americans, calling yourself a liberal means you want to increase the size, scope, and spending of the government"
mircea_popescu: ahahha that article's so lulzy, because this retarded shit is true.
bitcoinpete: mircea_popescu: 37coins does bitcoin over sms, bitpesa does bitcoin remittance to kenya
mircea_popescu: ok but as to delivery.
bitcoinpete: probably along the lines of "dozens served"
mircea_popescu: poor people are still poor. what's the deliverable exactly ?
bitcoinpete: not like they'd ever publish numbers
bitcoinpete: their deliverable is profit
mircea_popescu: well did either make a profit ?
bitcoinpete: but not too much that they kicked out of the "social enterprise" club
bitcoinpete: where teh assbot at?
punkman: mircea_popescu: assbot: Kickstarter project spent $3.5M to finish a working prototypeand ended in disaster | Ars Technica << punkman to be fair, that's not really either important or making a lot of sense. << indeed, who cares how much money they waste. the product was very lulzy though
punkman: good discussion after that
bitcoinpete: ;;nethash
gribble: 130275249.623
mircea_popescu: !up justincase-
bitcoinpete: i'm off, enjoy your friday nights!
penguirker: New blog post: http://trilema.com/2014/jacobs-ladder/
punkman: spent the afternoon making a big sand castle, found a thai restaurant that wasn't horrible, very rewarding
punkman: oh they really stopped moderating, it wasn't just my imagination: http://arstechnica.com/tech-policy/2014/06/kickstarter-projects-no-longer-need-human-vetting-prior-to-launch/
assbot: Kickstarter projects no longer need human vetting prior to launch | Ars Technica
punkman: "Algorithm to replace human review of proposals." <- I just can't see that happening
punkman: apparently their algorithm always comes back with "hell yeah, let's fund this shit"
mircea_popescu: they actually did it to avoid legal responsibility.
mircea_popescu: there's really no third way : either you moderate and are actually good at it, which so far is strictly mpex,
mircea_popescu: or else you don't, in which case you can't even try.
punkman: they used to do an okay job keeping crap out, guess to many derps submitting these days
mircea_popescu: that's he problem. an ok job is actually worse for them.
punkman: it worked long enough for them to get big
mircea_popescu: true.
mircea_popescu: that 5 to 20 year latency of teh legal system
punkman: I wonder if this was always in their ToS: "Project Creators are required to fulfill all rewards of their successful fundraising campaigns or refund any Backer whose reward they do not or cannot fulfill."
assbot: [HAVELOCK] [B.MINE] 97 @ 0.01539999 = 1.4938 BTC [+] {2}
assbot: I was hacked (1170btc stolen) - 500btc max BOUNTY
Duffer1: online wallet check, reused password check
Duffer1: :/
[]bot: Bet placed: 1 BTC for Yes on "Amazon stock to close at over $350 in 2014" http://bitbet.us/bet/965/ Odds: 89(Y):11(N) by coin, 88(Y):12(N) by weight. Total bet: 1.26310276 BTC. Current weight: 89,101.
thestringpuller: ;;bc,stats
gribble: Current Blocks: 310316 | Current Difficulty: 16818461371.161 | Next Difficulty At Block: 310463 | Next Difficulty In: 147 blocks | Next Difficulty In About: 22 hours, 36 minutes, and 55 seconds | Next Difficulty Estimate: 17211594320.3 | Estimated Percent Change: 2.33751
assbot: [HAVELOCK] [PETA] 200 @ 0.00289995 = 0.58 BTC [+] {2}
punkman: http://www.bloombergview.com/articles/2014-07-11/cynk-makes-the-case-for-buying-friends-naked-short-selling
assbot: Cynk Makes the Case for Buying Friends, Naked Short Selling - Bloomberg View
punkman: this Levine guy isn't so bad, even has footnotes
punkman: "I like Institutional Investor's boldness in picking "five hedge fund managers who are likely to deliver market-beating returns over the next 25 years." Who even manages a hedge fund for 25 years? If you deliver market-beating returns for 22 years, come on, retire, you are already fantastically rich"
mircea_popescu: ;p; fpptmptes
mircea_popescu: lol footnotes*
mircea_popescu: and nobody to date ran anything for 25 years
punkman: "You'll never deter Ponzi schemers; the psychology of Ponzi'ing -- either "I am an invincible genius" or "I've lost my investors money and have no choice but to Ponzi my way back into the black" -- sort of precludes deterrence."
punkman: "The best bet is to try to convince people not to invest all their money in undiversified opaque get-rich-quick schemes and, come, on, this is America."
mircea_popescu: quite.
mircea_popescu: there's no "deterring"
punkman: only killing
mircea_popescu: not really.
mircea_popescu: it's like "deterring" black mold in your bathroom.
mircea_popescu: fix the fucking plumbing. once the fed stops leaking, the mold goes away. big whoop
mircea_popescu: punkman shot the guy an email anyway.
assbot: [HAVELOCK] [PETA] 208 @ 0.0031899 = 0.6635 BTC [+] {2}
[]bot: Bet placed: 3.03897981 BTC for No on "BTC network hashrate will exceed 1 Exahash/s before 2015" http://bitbet.us/bet/713/ Odds: 23(Y):77(N) by coin, 26(Y):74(N) by weight. Total bet: 27.81522285 BTC. Current weight: 46,968.