BingoBoingo: Sure New Yorkers will Bitcoin, some might do it well, but... They won't do it under the Grand Wizard McNerdalot of the NYDFS's rules
mircea_popescu: ThickAsThieves: or me not learning my lesson << gotta love the ambiguity in a functioning market.
mircea_popescu: BingoBoingo i dunno dood, so some guy in new york likes to write bitcoin fanfic. so what of it ?
mircea_popescu: whatever floats anyone's boat.
BingoBoingo: Fanfic is fanfic until Disney buys out Lucasfilm and they promise a feature film every year.
mircea_popescu: in this particular case, fanfic stays fanific. there's no disney to buy, no lucasfilm to buy and nothing to buy it with.
mircea_popescu: jurov: apparently mircea moved the decimal dot << dots are hard.
mircea_popescu: ;;later tell foofingers: Hi people. My is Daniel Marcus. I work together with asciilifeform. And I'm here to do some business with bitcoins. Thank you for having me! << welcome
gribble: The operation succeeded.
BingoBoingo: ;;ticker --market all
mircea_popescu: http://www.reddit.com/r/Bitcoin/comments/22i768/raiffeisen_bank_international_internal_memo/ << lolz.
assbot: Raiffeisen Bank International internal memo : Bitcoin
gribble: Bitstamp BTCUSD last: 508.46, vol: 14527.21042164 | BTC-E BTCUSD last: 503.5, vol: 4397.79432 | Bitfinex BTCUSD last: 509.09, vol: 9838.05736514 | CampBX BTCUSD last: 525.0, vol: 15.14120676 | BTCChina BTCUSD last: 504.15756, vol: 32436.49540000 | Kraken BTCUSD last: 529.95437, vol: 9.94336694 | Volume-weighted last average: 505.933125334
mircea_popescu: teh lines do get drawn. for their safety.
BingoBoingo: lol, I can't believe I'm still snacking on Dates. Why the fuck did I buy so many dates?
mircea_popescu: dates rock.
BingoBoingo: Yeah, go great with Gin and Tonics
BingoBoingo: %p
atcbot: [CoinMiner Hashrate]: 1.47 TH/s [PityThePool Hashrate]: 770.80 GH/s [iSpace Pool Hashrate]: 1.01 TH/s
mircea_popescu: asciilifeform: ben_vulpes: ottoman empire << 'the sultans' (n. barber) << yes.
mircea_popescu: also the extant memoirs of the various valide sultanas over the years.
mircea_popescu: ThickAsThieves: i'm listening to Snow Crash currently, after getting burnt out on Taleb telling everything what it's problem is <<< ahahah good one.
mircea_popescu: total asshole, that guy, isn't he.
mircea_popescu: punkman: pete_dushenski: sounds like a death wish << i'd definitely mow him down. fucking biking hipsters.
mircea_popescu: bats_cd03: i know mircea_popescu would approve, somehow << are the chicks mensturating and defecating on some sort of holy black flag ?
mircea_popescu: %d
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 231723.59 in 1798 blocks (#46368) Est. % Change: -87.66
mircea_popescu: look at that, maybe it'll live.
mircea_popescu: !up bats_cd03
mircea_popescu: why'd you evolve from mats to bats anyway ?
bats_cd03: ya isis flag
mircea_popescu: !up abathingape
abathingape: hmmm
mircea_popescu: bats_cd03 not bad. pity they didn't have bitcoin addy on tits.
bats_cd03: all i want is to fit in with da cool kids
mircea_popescu: me too!
bats_cd03: whats great is you can tell they've seen some shit, and those weapons ain't for show
abathingape: https://www.ssense.com/men/product/dolce_and_gabbana/navy-double-closure-high-top-sneakers/104266
assbot: Dolce & Gabbana: Navy Double Closure High-Top Sneakers | SSENSE
abathingape: oops wrong chat durp
mircea_popescu: BingoBoingo: Basically ever since 2004 when I bought a computer I've been waiting for an opportunity to use GPG and... Bitcoin afforded that. << a happy fate.
bats_cd03: some hajjis r gonna be mad when they find out there are women cumming to kill them and take their virgins
mircea_popescu: bats_cd03 and take THEM as virgins
mircea_popescu: which they are, right ? back there ?
mircea_popescu: abathingape and on what chan was that supposed to belong ?
BingoBoingo: mircea_popescu: I know right
bats_cd03: (some hajjis believe you can't ascend to heaven if a woman kills you)
mircea_popescu: ;;google la petite mort
gribble: La petite mort - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/La_petite_mort>; Urban Dictionary: la petite mort: <http://www.urbandictionary.com/define.php?term=la%20petite%20mort>; La Petite Mort - 37 Orchard Street NYC: <http://shoplapetitemort.com/>
abathingape: #bitcointraders of course
bats_cd03: yeah definitely. young male virgins looove war.
bats_cd03: no holds barred? work for free.
mircea_popescu: youtubetard: more complexity is the nature of all things in the long term. So the rise of many many many micro states is very likely. People see Liechtenstein's success << this is actually a solid point, as unexpected and tenuous as it may seem.
mircea_popescu: from a macro perspective the average state size is so heavily upper bound and so set to drastically decline...
mircea_popescu: xmj: What would make for a better home base in 2015 or 2016: Luxembourg, Monaco or Jersey/Guernsey? << awful, all of them.
BingoBoingo: %p
atcbot: [CoinMiner Hashrate]: 1.71 TH/s [PityThePool Hashrate]: 679.56 GH/s [iSpace Pool Hashrate]: 1.31 TH/s
mircea_popescu: ;;calc 1.7 * 10 ** 6 * 2 * 7
gribble: 23800000
mircea_popescu: lol look at that, X-Rob is practically at even within a week.
mircea_popescu: i suck at mining futures.
mircea_popescu: !up Wexel
mircea_popescu: The20YearIRCloud: Most US states are run pretty well, but when you add the federal goverment into it, it becomes a huge mess << this isn't actually true. most of the rent seeking gunk is currently sucking out of washington because that's where the teats are, and so this gives the convincing but ultimately false impression individual states are better run.
mircea_popescu: should the teasts move, within a year and a half tops the local states'd be in such a mess you wouldn't believe your eyes.
mircea_popescu: dynamic equilibriums. always a bitch.
BingoBoingo: Missouri goes back to lead mining, Illinois mines coal, Ohio mines butthurt
mircea_popescu: The20YearIRCloud: left to their own devices, California, Illinois, new york and maryland would implode << exactly. they're also the only three examples where a trickle of leeching happens even with the federal govt (ie, it's where corrupt politicians try to build a career state-level)
mircea_popescu: (maryland excepted. i have nfi idea what it's even for. without washington it'd look like detroit five weeks after everyone grew wings)
The20YearIRCloud: I'm basing my statement on individual states based on balanced books and economic outlook, i realize that states suck the government teat, however if you look at total federal aid and who it goes to ,the big thing is military aid
mircea_popescu: not what i mean.
mircea_popescu: what i mean is, the porkbarrel leeches that curently push and deform washington
mircea_popescu: would just move over to ohio state capitol.
The20YearIRCloud: You also have to realize those politcians getting the pork are not the ones who run the state
BingoBoingo: The20YearIRCloud: A lot of military pork is spent in Ohio
The20YearIRCloud: Sure it is
The20YearIRCloud: The lima tank plant is prolly the best example of pork military spending out there
mircea_popescu: the entire "federal funds" thing has nothing to do with anything. they're not "federal" funds in any sense.
mircea_popescu: people made it.
BingoBoingo: And it being spent there eases the jobs of the state level comrades
The20YearIRCloud: The difference in most states is that you elect senators on a state-wide level, so it's very easy to stack votes in areas (And I blame it on fraud) leading to very centrist/leftist politicians in washington
mircea_popescu: sure. but if there were no feds, the same money would still be available.
mircea_popescu: The20YearIRCloud trust me, new gerrymandering would be invented.
mircea_popescu: the current system didn't exist before it was needed either.
The20YearIRCloud: For state senators, it's based on geographic districts, and the heavily urban areas have limited voting abilities, so here in ohio, 70% of state senators/house members are right/non-left
mircea_popescu: inasmuch as there's a public treasury somewhere, there's going to be a troop of people forcing it open.
mircea_popescu: wherever you houise it, washington or akron, they'll take a bus
mircea_popescu: they'll swim if they have to.
The20YearIRCloud: Sure, but if you look at each state, some states have essentially become mini-washingtons, and others are not
mircea_popescu: only because some states have stuff to be leached and some don't.
The20YearIRCloud: Not every state is constantly growing the size of government or increasing efficientcy
mircea_popescu: illinois is bigger and richer than ohio. so is california. so is ny. that is all.
The20YearIRCloud: Texas has plenty to be leached and they continue to have a balanced budget and generally more efficient finances
mircea_popescu: it's a matter of size not quality. once the pig is ripe, it gets sliced.
mircea_popescu: granted, texas is a decent-ish counterexample
The20YearIRCloud: Ohio is 7th largest in GDP
The20YearIRCloud: Florida is also leaps and bounds better than the liberal states, and they're large as well
mircea_popescu: i will call this variance.
mircea_popescu: by and large, it won't make a difference.
BingoBoingo: The20YearIRCloud: If we go truly paleo Illinois has so much more to sell in... Biodiesel...
The20YearIRCloud: take out chicago and illinois isn't bad
The20YearIRCloud: just like upstate NY and most (geographically) of california
The20YearIRCloud: it all comes down to dense urban areas vs everyone else
The20YearIRCloud: urban areas want to control everything, rural areas typically don't
mircea_popescu: just because rural folk are slow doesn't mean they're immune from falling.
BingoBoingo: The20YearIRCloud: But without Chiraq where do you harvest easy lipids for rendering?
The20YearIRCloud: people
BingoBoingo: ANd where are they?
The20YearIRCloud: People are in cities
BingoBoingo: Like... SHitcago?
The20YearIRCloud: Yeah, and detroit, saint louis, atlanta, chicago, ect
The20YearIRCloud: I'm curious what would happen to cities if they do what some counties have done here in Ohio and effectively end police service
mircea_popescu: The20YearIRCloud you're like, a proud ohio citizen or something, are ya ?
The20YearIRCloud: half of my county has no police service, some counties have one officer who works half a day
The20YearIRCloud: I enjoy the state severely, lots of business, but I can also own a machine gun or drive a tank down the highway
The20YearIRCloud: It's kind of like texas, but we have snow
mircea_popescu: well, never knew one before.
BingoBoingo: I mean I like parts of illinois, but Missouri is the way to go.
The20YearIRCloud: my wife's family is from missouri, i wouldn't mind living out there at all
mircea_popescu: BingoBoingo yeah but i suspect he likes it in the way of pick up a rifle and form a picket.
The20YearIRCloud: but the state is severely offset by the idocy in st louis :D
The20YearIRCloud: her family is about 2hrs south-west of springfield
The20YearIRCloud: in the middle of literally nowhere
The20YearIRCloud: which is what makes it even better
BingoBoingo: The20YearIRCloud: So Fallout already happened there http://www.thedrinkingrecord.com/2014/08/18/a-crude-map-of-missouri-because-where-is-ferguson-anyway/
assbot: A Crude Map of Missouri, because where is Ferguson anyway? | Bingo Blog
The20YearIRCloud: you're just referencing the riots?
The20YearIRCloud: BingoBoingo: are you in IL or MO?
The20YearIRCloud: or are you in west st louis?
The20YearIRCloud: *east st louis
BingoBoingo: The20YearIRCloud: ATM I'm happily in undifferentiated IL
BingoBoingo: Where you can't really tell the difference from Benton to Pekin
The20YearIRCloud: Not too bad i guess, although you get to enjoy the legal blessings of chicago
The20YearIRCloud: I've been by effingham
BingoBoingo: No, I wander the "Big Jail" because allegedly people can dump their fucking High School drama on my shit. Also Political speech seems to totally not be legal in IL.
The20YearIRCloud: yaeh
The20YearIRCloud: i guess monett is only a hour outside springfield
decimation: re: maryland :: it's pretty much nonsensical sprawl, decay, overpopulation in a swamp
assbot: Coinurl scum
BingoBoingo likes ben_vulpes lack of serious competition
decimation: as Mr. Yarvin says, perhaps one day the mighty Patomack will once again flow unvexed into the Chesapeake
BingoBoingo: Not as Yarvin says, as poor Jimmy from Fallout 3 says
BingoBoingo: DC wil be worthless, you will have to pick through the boats anchored in the harbor to find refuge
BingoBoingo: Or an overbuilt monument
decimation: if that day comes I claim FDR's head
BingoBoingo: You see outside of the pits that were Tactics and the playstation first person shooter, but Fallout 3 as the worst of the rest of the games had plenty of redeeming lulz in its chosen setting
asciilifeform: lol i step out for a few hours and we have fdr's head
asciilifeform: why i always miss the goodstoff
BingoBoingo: asciilifeform: Probably the same reason which gives you meatspace colleagues worth refering here
decimation: that monument was the most pointless waste of real estate on the mall
decimation: somehow a phallus was good enough for washington, fdr needs to have sprawling 'teaching moment'
BingoBoingo remembers the "Mall" as a place full of the Jaundiced and Juiced
decimation: ascii when the day comes I'll help you dissolve the rock around FDR's neck :)
decimation: from lol scholarship: http://mercatus.org/expert_commentary/does-status-quo-us-federalism-advantage-progressives
assbot: Does Status Quo U.S. Federalism Advantage Progressives? | Mercatus
decimation: "Virtually every strongly conservative state has more liberal policies than predicted, and so does virtually every liberal state. " no shit
BingoBoingo: From what I can tell the only demographic group >500 people that benefited from the Obama regime so far were the gays
decimation: bezzle finance did pretty well
BingoBoingo: I mean if the situation for the blacks improved... would there be a Ferguson?
BingoBoingo: bezzel finance is small
asciilifeform: deck chairs / titanic.
asciilifeform liked mircea_popescu's mafia story and should like to hear more one day.
BingoBoingo: http://trilema.com/2011/in-sprijinul-eugeniei/ << How did I miss this earlier
assbot: In sprijinul eugeniei pe Trilema - Un blog de Mircea Popescu.
decimation: BingoBoingo: did the gays really benefit? now they pay extra tax like regular folk
[]bot: Bet placed: 1 BTC for Yes on "BTC Difficulty over 31Bn before October" http://bitbet.us/bet/1028/ Odds: 81(Y):19(N) by coin, 80(Y):20(N) by weight. Total bet: 31.48701626 BTC. Current weight: 92,701.
BingoBoingo: decimation: Or avoid tax on their approved bezzels, but they get good feels. They are IN the fold nao.
decimation: extend and coopt, it's how the power game is played
BingoBoingo: But why the gays and not the young black men, a group he was once a member of.
decimation: because blacks vote 99% democrat, therefore making their opinions on any political matter void
kuzetsa: I lived in mississippi for a few years, and there were totally black republicans there
BingoBoingo: And Homos don't?
kuzetsa: the black vote wasn't anywhere near 99% democrats
decimation: bored housewives care about gays
BingoBoingo: Oh, they totally do. It's all they can watch on Bravo anymoar
decimation: kuzetsa: http://www.people-press.org/2012/08/23/a-closer-look-at-the-parties-in-2012/, sorry it's closer to 88% nationally
assbot: Nothing found for 2012 08 23 A Closer Look At The Parties In 2012 ,
kuzetsa: decimation: in mississippi, it was even less though, since basically everyone there is republican
decimation: In certain areas it is higher: http://www.amren.com/features/2012/11/race-and-the-2012-election/ Blacks, who accounted for 28 percent of voters and gave him 97 percent of their vote, handed Mr. Obama the state with a resounding 62 percent majority.
assbot: Race and the 2012 Election | American Renaissance
assbot: Fire in Alabama, let’s make the most of it. pe Trilema - Un blog de Mircea Popescu.
BingoBoingo: !up RebeccaBitcoin
RebeccaBitcoin: awesome, thanks bingo
RebeccaBitcoin: didn't even have to deal with gribble
BingoBoingo: decimation: This isn't about all blacks though
RebeccaBitcoin: Although I could be an imposter, so thats not cool
BingoBoingo: This is about the young ones, the ones still being shat on
BingoBoingo: RebeccaBitcoin: When you get remembered that becomes an issue
RebeccaBitcoin: ;p
BingoBoingo: Observe what a JD and asbestos litigation job does to a young revolutionary's twitter feed https://twitter.com/CourtneyRLogan/with_replies
assbot: Courtney R. Logan (CourtneyRLogan) auf Twitter
BingoBoingo: Dude pumps a self published book and tweets abotu #Ferguson once
BingoBoingo: This isn't a value judgment, this is an observation. People who have, or imagine they have something to lose lose the revolutionary edge.
BingoBoingo: People with nothing to lose have no reason not to burn the world.
BingoBoingo: Any particular Micheal Brown need not figure into it at all.
BingoBoingo: Other than as a spark that warms the tinder.
mircea_popescu: <decimation> if that day comes I claim FDR's head << good thing to claim.
mircea_popescu: if i cared more i'd prolly try for the same.
BingoBoingo: Both Americans who caught Ebola walked out of the hospital this week thanks to some expensive ass monoclonal antibodies. That Liberians can't can them means what? Sure it was an experimental drug, but as far as experimental drugs do they don't get much safer.
BingoBoingo: *go
BingoBoingo: Sure, the US could work on Ebola eradication if they hadn't spent so much on tilling the ground for ISIS. The Grad students and persons incrediby deserving the title of Herr Doktor could be on parade.
BingoBoingo: Butt...
BingoBoingo: Apparently RUF wasn't sufficiently for the people...
BingoBoingo: And the Queen wouldn't seceed Scotland in the name of Amin's good health
BingoBoingo: !up alex_c
BingoBoingo: Hello alex_c
alex_c: hello :)
BingoBoingo: What's up alex_c
BingoBoingo: I have to wonder if part of the current downturn is hanbot not acting as MPOE-PR and being the Nystatin that keeps mold from ruining the Da Vinci http://trilema.com/2013/of-mice-and-men-revisited/#footnote_2_46944
BingoBoingo: http://trilema.com/2013/people-bitcoin-is-not-worth-100-dollars-per-stop-buying/#identifier_2_47130
assbot: People! Bitcoin is not worth 100+ dollars per. STOP BUYING! pe Trilema - Un blog de Mircea Popescu.
assbot: Of mice and men, revisited pe Trilema - Un blog de Mircea Popescu.
BingoBoingo: !up SuchWow
decimation: http://28sherman.blogspot.com/2014/08/unified-theory-on-watergate.html << nice rambling on Nixon. made me reconsider my views on the man, given that he looks like a complete genius compared to Obama (re: foreign policy)
assbot: 28 Sherman: Unified Theory on Watergate
BingoBoingo: SuchWow: I know you don't like temp voice, but... How is Doge doing?
assbot: [MPEX] [S.MPOE] 39262 @ 0.00063396 = 24.8905 BTC [-] {4}
decimation: his theory is that Nixon was going to actually try to throw out all the fdr-era holdovers in the civil service and replace them with 'his people', and the civil service conspired with the press to destroy his presidency
BingoBoingo: decimation: Not impossible at all
assbot: [MPEX] [S.MPOE] 24188 @ 0.00063321 = 15.3161 BTC [-] {2}
BingoBoingo: !up [KS]
BingoBoingo: [KS]: Do you know if I have a warrant out for being cool yet?
assbot: [MPEX] [S.MPOE] 10800 @ 0.00063805 = 6.8909 BTC [+] {2}
decimation: !up Suchwow
SuchWow: may i please have perm voice?
fluffypony: ;;gettrust assbot SuchWow
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user SuchWow: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=SuchWow | WoT data: http://b-otc.com/vrd?nick=SuchWow | Rated since: never
SuchWow: ok lol
SuchWow: wut i have to do
fluffypony: you have to get into assbot's L2
SuchWow: eli retard plz
fluffypony: ok you need to be rated by one of these people: http://bitcoin-otc.com/viewratingdetail.php?nick=assbot&sign=ANY&type=SENT
assbot: Rating Details for User 'assbot'
fluffypony: here's some reading on it: http://cascadianhacker.com/blog/2014/04/11_bitcoin-assets-new-wot-and-voice-model.html
assbot: #bitcoin-assets new WoT and voice model
SuchWow: i have no desire to go to that site lol
fluffypony: well then you can't have perm voice.
SuchWow: who is kakobrekla
fluffypony: what do you mean who is he?
fluffypony: he's a person
SuchWow: that person could fix this is all i'm saying
fluffypony: fix it how?
fluffypony: none of us are on the chanserv access list
fluffypony: we are all in assbot's L1 or L2 trust group
SuchWow: he/she is +F
SuchWow: they most certainly can give me +v
fluffypony: ;;gettrust assbot fluffypony
gribble: Currently authenticated from hostmask fluffypony!~fluffypon@coreteam.monero.cc. Trust relationship from user assbot to user fluffypony: Level 1: 1, Level 2: 8 via 8 connections. Graph: http://b-otc.com/stg?source=assbot&dest=fluffypony | WoT data: http://b-otc.com/vrd?nick=fluffypony | Rated since: Sat Apr 6 08:20:32 2013
fluffypony: see
SuchWow: [03:05:38] *ChanServ* 1 kakobrekla +AFRfiorstv [modified 2 years, 19 weeks, 1 day, 11:49:32 ago]
fluffypony: SuchWow: he will not give you chanserv flags, so don't even dream
SuchWow: why not?
fluffypony: there's a way things are done here, I've explained that way and linked you to the relevant resources
fluffypony: if you choose not to read up on it there's not much I can do about htat
SuchWow: that is fine
BingoBoingo: SuchWow: Well, what do you do in BTC/Crypto?
SuchWow: i've also explained why i am annoyed by the constant temp upping for sev months nows
BingoBoingo: SuchWow: Well, if people knew your schtick you could get perm voice
SuchWow: BingoBoingo: nothing. I've been quite clear that i have nothing to say in this chan, and once i do, i will gladly speak up
SuchWow: however, i've literally been temp upped 30 times
SuchWow: and it's annoying
SuchWow: hence i humbly ask for the third time to just perm up me, or leave it alone please
BingoBoingo: SuchWow: Well, have you tried an IRC bouncer with good connectivity to limit your join/parts?
SuchWow: i am on avg connected for 3-5 days at a time
SuchWow: w/o bouncer
SuchWow: it just seems to me
SuchWow: that if you all feel comfortable enough
SuchWow: to constantly temp up me
SuchWow: for months
BingoBoingo: It seems like that, but on day 4 you join/part 10 times in a row, so I temp up you
SuchWow: that you should feel comfortable enough to +V me
SuchWow: that is all
SuchWow: i have never join/part 10 times in one day
SuchWow: now way
SuchWow: *no
BingoBoingo: SuchWow: Well to lend to trust to perm +V... We'd have to have an idea of what you do. If you liek to lurk that''s fine
SuchWow: i'm an op of #dogecoin since Dec 10
SuchWow: i'm in 60+ freenode chans since then
SuchWow: not sure what else you want lol
BingoBoingo: But even people who can offer voice to themselves here get temp upped
SuchWow: I've never once been kicked from any chan
BingoBoingo: ask peterl
assbot: Fantastic Capote et Wonder Capote - YouTube
SuchWow: i don't want the ability to voice others
BingoBoingo: or copumpkin
SuchWow: i just want to not be pinged everytime my connection resets and i rejoin this chan
fluffypony: SuchWow that still won't work
fluffypony: you have to explicitly ask assbot to !up you when you reconnect
assbot: [MPEX] [S.MPOE] 12350 @ 0.00063809 = 7.8804 BTC [+]
fluffypony: it's not automatic
Vexual: !up SuchWow
Vexual: good dog
SuchWow: whatever, i ask kakobrekla to please make an exception, because i have 9 months track record of perfect behavior, and there is no reason not to
BingoBoingo: <SuchWow> i'm an op of #dogecoin since Dec 10 << This and not getting kicked ever just doesn't say much on what you do
SuchWow: i do nothing
SuchWow: i'm just here to obserrve
mircea_popescu: <decimation> bezzle finance did pretty well << insanely well.
BingoBoingo: Everyone one does something
SuchWow: and people continually up me
SuchWow: for months
SuchWow: every time i join
SuchWow: i've literally never once had anything to say
BingoBoingo: People up me when I join and haven't log caught up and can't speak informedly yet
BingoBoingo: Hazard of the channel
SuchWow: well i'm just saying
SuchWow: there's like 50 ppl here with voice
SuchWow: and most of them don't say anything either
Vexual: literally?
BingoBoingo: In -otc doe you worry when people check ;;ident or ;;gettrust?
SuchWow: so could we just please add me, and i'll continue to not say anything ever?
BingoBoingo: ;;gettrust SuchWow
gribble: WARNING: Currently not authenticated. Trust relationship from user BingoBoingo to user SuchWow: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=BingoBoingo&dest=SuchWow | WoT data: http://b-otc.com/vrd?nick=SuchWow | Rated since: never
fluffypony: SuchWow: if you're just here to observe why do you need voice?
SuchWow: and maybe one day, if i get to your level, i'll say something
RagnarDanneskjol: I'm sure you have plenty to say.
fluffypony: all of those people with voice - every single one of them - is in assbot's L1 or L2 trust group
fluffypony: if you don't bother to understand the rules why should anyone make an exception for you?
SuchWow: fluffypony: I'M JUST TIRED OF BEING PINGED FOR NO REASON THAT'S REALLY ALL IT IS LOL
fluffypony: !down SuchWow
fluffypony: such caps.
BingoBoingo: SuchWow: Even if you could self voice... No one gets voice on joining except the bots
BingoBoingo: !up SuchWow
SuchWow: [03:16:02] <SuchWow> IF I WANT TO SAY SOMETHING I WILL PM YOU
SuchWow: that's all
mircea_popescu: <decimation> because blacks vote 99% democrat, therefore making their opinions on any political matter void << i dun think this is true.
SuchWow: just leave me alone and let me be lol
BingoBoingo: Now I'm just going to up you to be a dick, at times you least expect it
SuchWow: lol
BingoBoingo: !down SuchWow
BingoBoingo: !up SuchWow
SuchWow: ooo who's the troll with voice now
BingoBoingo: !s SuchWow
assbot: 29 results for 'SuchWow' : http://search.bitcoin-assets.com/?q=SuchWow
SuchWow: not me lol
SuchWow: sorry if that's what it takes
SuchWow: to get voice lol
BingoBoingo: Trolling is healthy
SuchWow: indeed
BingoBoingo: Keeps people honest
SuchWow: but that is not what this chan is about
SuchWow: at all
SuchWow: but enjoy your perma voice
SuchWow: troll
BingoBoingo: Well, keeping people honest is a large part of what this chan is about
SuchWow: totally unrelated topic
BingoBoingo: and I don't have permavoice
mircea_popescu: <RebeccaBitcoin> Although I could be an imposter, so thats not cool Although I could be an imposter, so thats not cool << impostor of... whom ? some chick on the interwebs ?
BingoBoingo: I have to auth with gribble and pm assbot as everyone else does
SuchWow: i have no desire to trade
SuchWow: so why should i auth with gribble
BingoBoingo: !up mpmcsweeney
BingoBoingo: SuchWow: SO your words have weight of identity
SuchWow: i've stood by my words for 9 months
SuchWow: in the 9 chans i op
assbot: Of men and mice pe Trilema - Un blog de Mircea Popescu.
SuchWow: i just come here to learn
BingoBoingo: Why care about OP
SuchWow: and ppl up me like i have something to say
SuchWow: i don't
fluffypony: SuchWow: you register with gribble because it's a web of TRUST, not a web of TRADES
SuchWow: i don't understand the topics here enough to comment on them
BingoBoingo: How can we know you have nothing to say?
SuchWow: but i understand they are important
SuchWow: so like i said 4 weeks ago
BingoBoingo: SuchWow: I mean you OP 9 channels
BingoBoingo: Surely you see shit we miss
SuchWow: either give me +V or just stop upping me please
SuchWow: not at all, you're being ridiculous BingoBoingo
mircea_popescu: <SuchWow> i have no desire to go to that site lol <fluffypony> well then you can't have perm voice. << i like how neatly this works. army-like almost.
SuchWow: then cool
SuchWow: so again i nicely ask
SuchWow: as i've asked for weeks now
SuchWow: could you please not up me unless i ask for it
SuchWow: that's ALL i've ever asked
SuchWow: is only because you keep doing so
SuchWow: that this convo is taking place
fluffypony: too late, I've already written a script to randomly up you every 1-4 days
mircea_popescu: SuchWow you know i haven't did :)
BingoBoingo: I drink a lot which lets me forget these things
fluffypony: I can make it more frequent if you'd prefer, every 12-24 hours?
SuchWow: i don't WANT voice - i just want to stop GETTING voiced for no reason, which pings me at start, and again 30 min later
RagnarDanneskjol: better to do random time intervals
mircea_popescu: he has a point tho.
SuchWow: hence why I just say 'make me perma voice' lol
SuchWow: so i don't have to even notice
mpmcsweeney: hey all
mircea_popescu: SuchWow i guess one way to go about it is ignore assbot.
BingoBoingo: Perma voice doesn't exist here
BingoBoingo: hey mpmcsweeney
mircea_popescu: hello mpmcsweeney
SuchWow: i joined irc in 92
mpmcsweeney: I heard about this IRC through a colleague
SuchWow: i've never once used the /ignore command
SuchWow: i don't intend to start today
mircea_popescu: now that's an accomplishment.
mpmcsweeney: whats the purpose of this chat?
fluffypony: mpmcsweeney: to irritate SuchWow, apparently
SuchWow: mpmcsweeney: see /topic
BingoBoingo: SuchWow: Write 1750 words of commentary on this post http://trilema.com/2013/of-men-and-mice/ and I'll lend you a +1 to self up
assbot: Of men and mice pe Trilema - Un blog de Mircea Popescu.
SuchWow: it is to talk about bitcoin based commodities, like stocks and stuff
mpmcsweeney: ooh so this is a market place
mpmcsweeney: thats cool
RagnarDanneskjol: bdsm, high brow vulgarity
SuchWow: but where you can buy shares using cryptocurrency
mircea_popescu: kakobrekla how difficult would it be to have yet another assbot list and a command. if someone goes !novoice then assbot never 30min voices them again
mpmcsweeney: interesting
mpmcsweeney: what kind of volume?
mircea_popescu: but instead says "sorry, this person has nothing to say"
mpmcsweeney: (if its possible to ask)
BingoBoingo: !mpif
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021697 B (Total: 474.46 B). Delta: -0.06 B. Last trade for F.MPIF on MPEX was at 0.00022 BTC [+]
SuchWow: mircea_popescu: see, you get me lol. and yes, i remember you being here the last time we had this conversation and so i thank you :)
SuchWow: a simple solution would be
SuchWow: don't voice someone who hasn't asked for it :)
Vexual: ignore
SuchWow: *simpler
mircea_popescu: SuchWow often there are noobs here.
SuchWow: because maybe one day i do want voice
mircea_popescu: and i don't just mean people who don't know irc. i mean people who barely grok computers.
SuchWow: oh i understand that entirely
mircea_popescu: like that miss florida girl or w/e she was
SuchWow: if it is newbs you wish to cater to
SuchWow: than may i recommend
mpmcsweeney: SuchWow you have a presence in #dogecoin no?
BingoBoingo: The thing is many people get pinged for things they couldn't care less about.
mircea_popescu: not wish. but sometimes people need to be here that are noobs.
SuchWow: you utilize a standard irc hierarchy
BingoBoingo: But that doesn't make it spam
mircea_popescu: like, journos, sec comissioners and so on.
mircea_popescu: willy nilly bitcoin forces a lot of fiat know nothings into here.
BingoBoingo: !s reutersemily
assbot: 233 results for 'reutersemily' : http://search.bitcoin-assets.com/?q=reutersemily
Vexual: ill train you to use ignore, it's pretty a standard doge trick
SuchWow: BingoBoingo: I've been temp-upped 20+ times. I've never had one single thing to say.
mircea_popescu: BingoBoingo in fairness emily was quite adept, netiquette et all.
SuchWow: i refuse to use ignore. it's juvenile and immature imo
BingoBoingo: mircea_popescu: Indeed she was
mircea_popescu: well apparently sometimes it's just functional.
SuchWow: i just boycotted this chan for weeks
BingoBoingo: Prolly one of the best
SuchWow: and this week i come back, and here we are again
mircea_popescu: SuchWow you could just read the logs on the webpage i guess
Vexual: well expect to get pinged
mircea_popescu: if you dun wanna be here.
SuchWow: i do
BingoBoingo: until assbot goes down an leaves holes
SuchWow: i just have nothing to say
SuchWow: yet
SuchWow: if i do
SuchWow: i will let you know
SuchWow: and ask for an up or whatever
RagnarDanneskjol: seems like you're quite the chatterbox to me
mircea_popescu: only when he has nothing to say :D
BingoBoingo wonders what sort of alert SuchWow has set for IRC pings
SuchWow: i've said nothing relevant to this chan
SuchWow: whatever, troll me all you want
BingoBoingo: SuchWow: You've said so much though in little time tonight though
SuchWow: i am untrollable lol
BingoBoingo: I'm serious
SuchWow: ok then
mircea_popescu: i am guess this whole shebang is quite revolutionary. it doesn't sit well with irc traditionz at all.
SuchWow: it's just a simple popup box that flashes
Vexual: many theme
BingoBoingo: You are highlighting parts of the infrastructure that work well
SuchWow: andthe chan is a diff color
SuchWow: that's all my alert is
SuchWow: but with 70 chans
SuchWow: ya know?
BingoBoingo imagined 1200 watts of sound or something
SuchWow: whatever it's cool
SuchWow: y'all have your own weird way of doing things
SuchWow: and that;s cool
mpmcsweeney: the great IRC stream
SuchWow: just stop upping me unless i ask for it
BingoBoingo: It will prolly only get weirder
SuchWow: the people upping me know who i am
SuchWow: that's why i'm asking
mircea_popescu: SuchWow amusingly enough : even if you were added to assbot l2 : you probably would not up yoruself every time you joined
SuchWow: if i really have something to say
BingoBoingo: Well, no. You could be a nicksquatter
SuchWow: i will ask
mircea_popescu: and so people would STILL up you
BingoBoingo: ;;ident SuchWow
gribble: Nick 'SuchWow', with hostmask 'SuchWow!~SuchWow@unaffiliated/suchwow', is not identified.
SuchWow: clearly i am identified
SuchWow: and not a squatter
SuchWow: you are now super clearly a troll
SuchWow: enjoy your perma voice lol
mircea_popescu: there's a special gribble ident assbot uses
mircea_popescu: not the nickserv one.
mircea_popescu: this is gpg-based.
SuchWow: yes i know that
SuchWow: i don't use -otc
BingoBoingo: gribble> Nick 'SuchWow', with hostmask 'SuchWow!~SuchWow@unaffiliated/suchwow', is not identified. << WHat part of not identified is challenging?
SuchWow: ok someone tell me the command i need to use to id with gribble
SuchWow: and i will type that
mircea_popescu: ;;eauth and ;;everify.
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
SuchWow: if that is what needs to be done
SuchWow: ;;eauth
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
decimation: I guess I started all this. One way of remaining silent in the face of being upped - is to remain silent
mircea_popescu: no i was just explaining that even if you did it it wouldn't help you.
SuchWow: ;;eauth SuchWow
gribble: Error: This nick is not registered. Please register.
assbot: first_steps_in_bitcoin-assets [bitcoin assets wiki]
BingoBoingo: So ;;eregister
SuchWow: ;;eregister SuchWow
gribble: (eregister <nick> <keyid>) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without the '0x' prefix. We look on servers listed in 'plugins.GPG.keyservers' config. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will (1 more message)
decimation: mircea_popescu: because blacks vote 99% democrat, therefore making their opinions on any political matter void << i dun think this is true. << what part, the 99% or the irrelevant?
mircea_popescu: SuchWow basically, the infrastructure is new, and there isn't an answer for everoyne's needs. you're a poster child for this problem.
SuchWow: it's cool i'll play the game
mircea_popescu: decimation both. they doin't vote 99% for one, and if they did, their oppinions would be relevant.
SuchWow: what is the GPG
mircea_popescu: in the sense that with a 99% block you have nothing to gain, but a lot to lose.
mircea_popescu: so you're invested in what they believe whether you like it or not.
SuchWow: i will read the wiki
assbot: PGP/GPG Guide | Bingo Blog
decimation: yeah you are right, in Maryland the actual number was 97%
mircea_popescu: decimation in ONE election.
mircea_popescu: look at bush election say.
mircea_popescu: if the democrat party puts up a 2nd generation korean dude for presidency, 99% of koreans will vote with him
mircea_popescu: doth not mean they now vote democrat.
penguirker: New blog post: http://thewhet.net/2014/on-selling-bitcoin-the-idea/
SuchWow: way too much work, and i'm too drunk.i guess just up me when you want, and should the day come that i care, i'll set all that up
SuchWow: i'll stop bitching in the meantime
SuchWow: enjoy your chan
mircea_popescu: The stories all take place in the town of Gini, Virginia, with the intro sequence showing a large sign displaying: Welcome to Gini Proud to be a Diverse and Vibrant Community.
mircea_popescu: dude haus has a brilliant idea for a series.
mircea_popescu: so is he making it ?
decimation: http://www.cnn.com/ELECTION/2004/pages/results/states/US/P/00/epolls.0.html << blacks went 88% for kerry in 2004, 93% for obama in 2012
assbot: CNN.com Election 2004
assbot: Presidential Race - 2012 Election Center - Elections & Politics from CNN.com
fluffypony: huh
fluffypony: mircea_popescu
BingoBoingo: SuchWow: I'm sorry if it seemed like I was trolling. Didn't realize you were hammered too.
fluffypony: apparently I only have 4 trilema credits??
mircea_popescu: fluffypony did your cookie expire ?
BingoBoingo: fluffypony: Trilema restarted, put your cookie back in
fluffypony: maybe - but then shouldn't I have 0 credits?
SuchWow: it's all good
SuchWow: i get the ideal here
mircea_popescu: decimation seems you have a much stronger point than originally thought, re the 99%.
SuchWow: and it's not a bad one
mircea_popescu: fluffypony no because all new ips get 4 for free.
fluffypony: Credits: 49773. What's this ?
fluffypony: much better
BingoBoingo: SuchWow: Basically the main problem here is... There's a premium set on being sure who is speaking
BingoBoingo: SuchWow: Hence the hoops and the !uping passerby
decimation: note that in 2004 *registered Democrats* went to kerry at 89%, blacks went 88%. Also note that black women went Obama in 2012 at 97%
assbot: IRC Yeshiva | Contravex: A blog by Pete Dushenski
decimation: nationally
decimation: registered democrats only went Obama 92% in 2012
SuchWow: BingoBoingo: i get it. and as it seems, it ensures proper conversation is taking place
SuchWow: and as far as irc is concerned, it's really not a bad tactic
mircea_popescu: decimation i never really gas about the race politics in the us, so all this is news to me.
SuchWow: i just wish someone could've explained it like that to me months ago when i first arrived :)
fluffypony: SuchWow: I linked you to a blog post about it
BingoBoingo went quiet from the time logs were introduced to the time MP started the Eve corp... pretty sure other people miss my silence
mircea_popescu: SuchWow a month ago you hadn't talked enough for us to know enough about you to know it'd be beneficial.
SuchWow: and possibly it IS explained in the topic. but whoever reads that lol
fluffypony: and you chose not to click and read
SuchWow: i've NEVER ONCE talked here lol\
mircea_popescu: exactly.
SuchWow: except about this lol
Vexual: many irc
mircea_popescu: it's the crying baby that gets the teat.
SuchWow: yet i was upped 20 times anyways lol
SuchWow: anyhow this is silly
SuchWow: yes it is my fault for not reading
SuchWow: partially your fault for endlessly upping me
SuchWow: it's all good
BingoBoingo: no
SuchWow: go back to your on topic convos lol
BingoBoingo: ;;google malpidity
gribble: Malpidity | Bingo Blog: <http://www.thedrinkingrecord.com/2014/08/04/malpidity/>; The Idiocrats | Bingo Blog: <http://www.thedrinkingrecord.com/2014/08/05/the-idiocrats/>; Ethics | Bingo Blog: <http://www.thedrinkingrecord.com/category/ethics/>
mircea_popescu: ;;ud glasshole
gribble: http://www.urbandictionary.com/define.php?term=Glasshole | A person who constantly talks to their Google Glass, ignoring the outside world. Glasshole: "Glass do this, Glass do that." Co-rider: Shut the fuck up and enjoy the ...
mircea_popescu: they got that!
Vexual: kimdotcom's political apirations are getting bigger than his appetite for cheezeburgers after assets re-frozen
BingoBoingo: Inquiry is never wrong until your dick explores to find out if that scab was safe or not
decimation: Vexual: can you explain new zealand politics to me? it seems a cross between get-off-my-lawn and communism
Vexual: yeah that t sounds approximately true, i don't know much
assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/18H3WRT.txt )
BingoBoingo: !b 2
fluffypony: SuchWow: one of my dogs just epitomised my reaction to this entire conversation - http://i.imgur.com/nQujc5S.jpg
Vexual: lol im green
SuchWow: fluffypony: yeah that's just about how i've felt both times
BingoBoingo: Is it just me or does hanbot blog with an unstated anger and foreboding that seldom comes through in mircea_popescu posts because mircea_popescu need not give a fuck
mircea_popescu: BingoBoingo i was just thinking, wow look at that, all he had to do is ask.
BingoBoingo: It is truly astounding
BingoBoingo: The SuchWow conversation was much like why I found this situation so lulzy https://bitcoinfoundation.org/2014/08/a-bitcoin-backbone/ when I linked it yesterday
assbot: A Bitcoin Backbone | The Bitcoin Foundation
BingoBoingo: It wasn't one of the muppets doing something useless and taking it on that the foundation was forced to highlight, but Bluematt introducing an if you can mine this helps, but otherwise things are as they always have been
mircea_popescu: !up SuchWow
SuchWow: BingoBoingo: what do you mean by that?
SuchWow: because i've read both, and i don't see the comparison
BingoBoingo: SuchWow: While the "core devs" endlessly debate a utxo command... Bluemat introduced a subnet for miners that allows them some optimization that has had the potential to be there all along.
SuchWow: right i get that. what does that have to do with the conversation you all had with me earlier?
BingoBoingo: SuchWow: Well imagine yourself a "core dev" imagining anyone gets automatic +v in this chan to avoid "getting pinged"
SuchWow: i've never once suggested that just anyone should get automatic +v
SuchWow: that's ridiculous
SuchWow: all i said was
SuchWow: once you +v someone a dozen times
Vexual: anyone not veryone
SuchWow: why not go ahead and perma it?
BingoBoingo: All this time you've imagined the fault was in others curiosity about you, when the problem is joining a channel and imagining people won't be curious
SuchWow: not at all
mircea_popescu: asciilifeform pity handle turns the entire thing into such a sad pro-govt piece.
mircea_popescu: he did start with good points.
SuchWow: the people +ving me know who i am lol
BingoBoingo: I have no idea who you are.
SuchWow: you're not the one +ving me
BingoBoingo: I often am +v'ing you
Vexual: i v+d you
Vexual: you barked, i didnt understand
SuchWow: i've never 'barked' here lol
assbot: Last 7 lines bashed and pending review. ( http://dpaste.com/0F7ATG1.txt )
BingoBoingo: !b 7
SuchWow: nor anywhere for that matter
Vexual: steele down ginny
SuchWow: anyhow, peace be with you all
SuchWow: and gl with your assets
BingoBoingo: !down SuchWow
BingoBoingo: !up SuchWow
Vexual: don't annoy it, it might bite
SuchWow: i won't, and i'm not an it, but thanks
SuchWow: very kind of you all
Vexual: girl or boy?
BingoBoingo: Vexual: What good ole boy hasn't read Ole Yeller?
punkman: don't go hiding under the bed now
BingoBoingo: !up ColinT2
BingoBoingo: Hello ColinT2
BingoBoingo: ;;ticker -- market all
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Bitstamp. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure (1 more message)
BingoBoingo: ;;ticker --market all
gribble: Bitstamp BTCUSD last: 503.61, vol: 14868.49085206 | BTC-E BTCUSD last: 499.93, vol: 3963.18673 | Bitfinex BTCUSD last: 502.0, vol: 7492.16425724 | CampBX BTCUSD last: 536.15, vol: 10.96877017 | BTCChina BTCUSD last: 498.372252, vol: 29018.17490000 | Kraken BTCUSD last: 529.95437, vol: 9.2990123 | Volume-weighted last average: 500.39418439
SuchWow: wow forget you all, sorry i even spoke
Vexual pats the nice doge
assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/1H12V8F.txt )
BingoBoingo: !b 2
punkman: !up RedStallion
punkman: !up random_cat_
punkman: !up phish
BingoBoingo: !up KleinDe
punkman: !up cowloon
BingoBoingo: !up zling__
BingoBoingo: !u[ pharesim
BingoBoingo: !up toddf
xmj: good morning
BingoBoingo: Morning
Vexual: hi
Vexual: can we call atc bits bones?
Vexual: ThickAsThieves?
assbot: Maersk Gunhilde, South China Sea - South China Mall, China - 4K Time Lapse by Toby Smith - YouTube
Vexual: gopro or blackmagic?
punkman: blackmagic has 4k now? cool
punkman: thing needs more buttons less touch screen
decimation: punkman: careful, you might be upping people maliciously.
punkman: I was going for an animal themed name theme
mircea_popescu: punkman splendid.
punkman: !up kermit
assbot: Amazing New Invention: A Nail Polish That Detects Date Rape Drugs
Vexual: wake up: chipped
Vexual: !up Heysteve dinosaw
HeySteve: hey
Vexual: hi
Vexual: !up RedStallion
Vexual: !up random_cat_
Vexual: !up trixisowned abathingape
Vexual: theres a `walked into a bar' joke there somewehre
Vexual: cat: ill just lick my balls
Vexual: horse: ill watch the cat
mircea_popescu: "An undergraduate team at North Carolina State University might have just revolutionized your make-up drawer. The four students are working to develop a"
assbot: [MPEX] [S.MPOE] 25300 @ 0.00063809 = 16.1437 BTC [+]
mircea_popescu: not quite the same as the title.
punkman: it's not equivalent?
mircea_popescu: equivalent it is, just... nisi valent.
Vexual: dinosaur: i just got deja vu
Vexual: frog: plays piano
Vexual: best trick is, the nail polis doesn't work
Vexual: it got swapped out earlier in the evening
mircea_popescu: Vexual you saying the dorks in the photo are moles working for the international directorate of date rape ?
assbot: PLOS ONE: The Science of Style: In Fashion, Colors Should Match Only Moderately
Vexual: that was my fiirst impressing
Vexual: put your fingers in the drink
Vexual: yep, you're in the wrong place
Vexual: invent pinky paint that detects pure flake, winrar
mircea_popescu: invent a condom package that detects eager sluts, save on all the rohypnol biz.
Vexual: they're going about things all wrong
assbot: usagi +v failed; L1: 0, L2: -5
Vexual: !up usagi monkey
Vexual: tathagata, the father buddah, said, "With out thoughts, we make thw world."
usagi: with out or with our?
Vexual: with rabbit, with
Vexual: that was a typo
usagi: It's a real shame that stuff like buddhism is regarded as esoteric
usagi: It really should have been able to merge itself a bit more into normal culture
Vexual: well...
Vexual: i aint the dalai lama
Vexual: but im pretty sure its laregly esoteric and also normal
Vexual: id wager theres more buddhists than whatever you do
usagi sips coffee
HeySteve: this looks like a clever scam: http://www.zerohedge.com/news/2014-08-22/south-africa-reels-unexpected-bailout-one-bank-has-modest-proposal-give-us-your-gold
assbot: As South Africa Reels From Unexpected Bailout, One Bank Has A Modest Proposal: Give Us Your Gold | Zero Hedge
HeySteve: wonder how long before some respectable financial institution (cough) tries this with Bitcoin
usagi: "In other words, for the first time "holding" gold will pay a dividend (or in this case, interest)."
usagi: I don't even know where to begin with stuff like that
HeySteve: yeah, how can not holding it be holding it?
usagi: Almost every single word in the sentence is wrong
usagi: Well steve, there is a difference between zero value and positive zero
usagi: Like if I promise to give you a thousand dollars at some point in the future, that has value
HeySteve: ;;gettrust usagi
gribble: Currently authenticated from hostmask usagi!~tsukino22@unaffiliated/tsukino. Trust relationship from user HeySteve to user usagi: Level 1: 0, Level 2: -3 via 2 connections. Graph: http://b-otc.com/stg?source=HeySteve&dest=usagi | WoT data: http://b-otc.com/vrd?nick=usagi | Rated since: Mon Jun 18 12:33:55 2012
HeySteve: well not $1000 worth
usagi: "Investors may not hold gold in unwrought form according to South African law;" lol
chetty: <usagi> Like if I promise to give you a thousand dollars at some point in the future, that has value//only if your promise has value
usagi: actual and perceived value being completely different.. in the case of the bank the perceived value is probably very high.. The banks around here have been doing the same sort of thing for years
usagi: They allow you to invest in gold but they don't actually give you the gold.
usagi: It's actually impossible to ever redeem it. But the banks promise that they will buy back the gold you have on account with them should you want to sell it
HeySteve: on the face of it, the bank must relend the gold in order to pay the interest
chetty: <usagi> actual and perceived value being completely different..//being the root of much evil
HeySteve: so it's not just trusting the bank, but their counterparties too
HeySteve: not sure why anyone would go for this, but you always get idiots
usagi: Hmm yes and no
HeySteve: the interest rate is way too low for the risk imo
usagi: Let's say you have a reasonable amount of gold, more than a kilo say
usagi: If the wrong people find out it's in your house, they will come and get it from you (and they will, and they will get it)
usagi: Especially if you're in the wrong country at the time
usagi: So who's going to hold your gold... Normally you have to pay for such a service but here come these nice people offering to pay you money to hold it for you
HeySteve: hmm well gold does have its holding costs
HeySteve: a secret buried treasure chest is a lot more secure than a bank vault I'd say
HeySteve: it's like cold wallet... or coinbase?
punkman: private key being the gps coordinates
usagi: The only way I can imagine someone paying you to invest your gold with them is if they were selling it for an inflated price. I used to do that with TU.SILVER, I front-loaded my fee and the shipping cost into the share price
xmj: huh
usagi: But in any other case, if you give someone your gold and they pay you to hold it, the deal is that at some point in the future you won't be able to get it back
ThickAsThieves: this conversation is making me dumb
xmj: usagi: swiss banks have gold-denominated accounts
usagi: Gold is really simple to understand
usagi: You should be able to get this
punkman: lol
ThickAsThieves: not what i meant
xmj: of course it's simple.
usagi: Well what do you mean then tat?
ThickAsThieves: dont sweat it
usagi: hehehe
usagi: The value of gold expands to cover every other asset in the world including bitcoin
ThickAsThieves: ...
usagi: Aha.
ThickAsThieves: beta me to it
ThickAsThieves: beat*
assbot: usagi +v failed; L1: 0, L2: -5
Vexual: !up usagi
usagi: Tat if you have anything of value to add, so so.
usagi: do so* :p
Vexual: the man who shakes his head cannot see the way forward
mircea_popescu: fluffypony yeah, how's stuff there ?
mircea_popescu: !down usagi
mircea_popescu: fucking derpage.
fluffypony: lol
fluffypony: btw - that Michael O. Church article got sent to me today by a friend
fluffypony: "this is such an amazing experiment, I'm going to try this when I next look for a job!"
assbot: AMAZING COMPANY!
mircea_popescu: lol.
mircea_popescu: well.. wish him luck.
punkman: re: derpxperiments https://experiment.com/
assbot: Experiment | Crowdfunding Platform for Scientific Research
mircea_popescu: and i dunno why zh is making such a big deal out of it. a bond anchored to gold. what's so strange about it ?
mircea_popescu: the us reneged about 50 billion worth of them under fdr.
mircea_popescu: but anyway, fluffypony, still optimistic re sa ?
fluffypony: mircea_popescu: yes
xmj: why:)
mircea_popescu: i wish i could find a way to bitbet this. "sa is going to shit in a handbasket"
fluffypony: well
xmj: shift how?
Vexual: 20 million dead and half at the border from lead poisoning
fluffypony: that's entirely possible, MP
xmj: hm
fluffypony: and we're ready to move if it happens
fluffypony: but it's also possible it won't happen
mircea_popescu: jewland too. it's just not in the cards for that continent, having civilised countries there.
Vexual: no shit
xmj: exit plans are good.
fluffypony: so we're going to sweat it out
mircea_popescu: it's supposed to be a hunting reservation.
xmj: fluffypony: just make sure you have enough cash to bribe your way out, and a guy who can drive you through obstacles like borders and has been in the infantry.
mircea_popescu: they have their cat...
Vexual: drive outta za?
fluffypony: Vexual: to Bots
xmj: well you can take a Helicopter if you have one.
Vexual: 200 miles of zombies?
Vexual: *2000
xmj: I don't have a helicopter
fluffypony: lol Vexual - as opposed to NZ where all you can hope to do is swim?
fluffypony: :-P
fluffypony: mircea_popescu: the timelines are also interesting - if it goes to shit we'll be out long before it gets there
fluffypony: we're both EU citizens, so bailing out is a non-issue
mircea_popescu: not unless you get boiled like teh frog.
Vexual: you'll be selling infrasructure to half of africa before you break a sweat
xmj: fluffypony: what exactly do you expect for RSA's future?
mircea_popescu: lol ok. most of the people at katyn were eu citizens too.
fluffypony: xmj: I think there will be a to-and-fro for a few more generations - whether it does a "slippery slope" on either side of the scale remains to be seen, but once its worn itself out and theres more social equilibrium it'll be stable
xmj: to-and-fro what?
xmj: nice, i have 15min more to procrastinate.
mircea_popescu: fluffypony is this predicated on the general theory that the world is by and large a friendly place and most seeds once planted reach maturity and fruition ?
fluffypony: nah - people are basically full of crpa
fluffypony: *crap
fluffypony: xmj, to-and-fro in terms of extremes
fluffypony: I mean
fluffypony: you've got a large population that was opressed
xmj: I understand
fluffypony: and, by and large, didn't have opportunities for social improvement and education
xmj: I don't know which extremese
xmj: extremes*
fluffypony: so now there are people who *didn't* grow up under Apartheid who are in power
fluffypony: but they still carry baggage
fluffypony: because they had a shit childhood as a direct or indirect result
fluffypony: in another 1 or 2 or 3 generations that excuse no longer holds water
mircea_popescu: but after the African Bank bailout, why would anyone pay up on anything they owe to a bank there ? uncollateralized i mean.
fluffypony: then you have a shit childhood because your parents are idiotic or because of circumstances, not because of something that happened in the past
mircea_popescu: the justifications lake was never drawn dry.
fluffypony: mircea_popescu: yeah it's a tough one
fluffypony: I'm oba-observing and seeing how things play out
mircea_popescu: take the us as a fine example. the black ~~~minority~~~ there STILL thinks it's your fault.
mircea_popescu: and you don't even live there.
fluffypony: yeah the US is an interesting case
fluffypony: it's been, what, 80 years since slavery went out the window?
fluffypony: I don't keep track
mircea_popescu: got any example where the people with a good excuse generally went off the dole and built something ?
xmj: hmm
xmj: fluffypony: if your parents are idiots there's a 40%-80% chance you're an idiot yourself
fluffypony: xmj: word
mircea_popescu: i doubt intelligence even figures into all of this.
xmj: i'm currently reading my way through The Bell Curve, it's illuminating.
mircea_popescu: your average busker is pretty smart, yet it won't do much to have an islandful of buskers.
xmj: mircea_popescu: intelligence and poverty are related more often than not.
fluffypony: aight, I'm busy making stew - having people round for supper
fluffypony: http://www.my-easy-cooking.com/2010/04/13/green-bean-stew-another-south-african-classic/
assbot: Green Bean Stew - Another South African classic! - My Easy Cooking
fluffypony: bbl
mircea_popescu: only in certain sorts of systems xmj
xmj: cheers fluffypony
xmj: mircea_popescu: yes, all of them.
HeySteve: http://www.isteve.com/IQ_Table.htm <- worth a look when trying to guess the future of nations
assbot: IQandtheWealthofNations--LynnandVanhanen--datatableofnationalmeanIQstudiessummarizedbySteveSailer
mircea_popescu: no. in all of them, will and poverty are related. this is why determined but unintelligent mobsters do well everywhere all the time,
mircea_popescu: whereas pencilneck kids only do well in certain places.
xmj: HeySteve: tldr asia will domnate once they get their shit together.
HeySteve: dumb mobsters may do well for themselves, but they'll drive a nation down if they're too dominant
chetty: <mircea_popescu> take the us as a fine example. the black ~~~minority~~~ there STILL thinks it's your fault.// holder recently talked about how horrid it was when he got stopped and searched, the fail is that whites get stopped to but thats 'normal', blacks are only stopped because they are black ...
mircea_popescu: HeySteve that's a complicated argument. the scant examples for your azn theory, for instance, all come from mobsters.
mircea_popescu: the azn tigers are simply the net effect of a mob getting in power and pushing the gas to the floor.
HeySteve: well I'd say we have a kleptocracy here, and the results have been poor
mircea_popescu: where is here ?
HeySteve: south africa
mircea_popescu: o you live there too ?
HeySteve: yep!
HeySteve: not at the coast like fluffypony
xmj: HeySteve: kleptocracy is yet another name for democracy
mircea_popescu: i have nfi, i mean from where i'm sitting it looks pretty bad and with a worse outlook, then fluffy is all like happy go lucky everything will be fine.
mircea_popescu: it totally throws me.
mircea_popescu: but yes, xmj is on point. kleptocracy != a mob.
HeySteve: xmj yeah I intended it to say we have mobsters in charge here
mircea_popescu: but do you ?
HeySteve: prez up on fraud and rape charges, diverted millions to build a palace, etc.
mircea_popescu: nero isn't the fucking mob. nero is just nero.
xmj: mircea_popescu: democracy is the mob in charge
mircea_popescu: xmj i was talking the mob as in cosa nostra, not the mob as in mobile vulgus.
Vexual: not on charges
mircea_popescu: Vexual one day in charge, next day on charges, eh vex ?
HeySteve: SA is pretty unstable. very high unemployment and widespread poverty, a vocal revolutaionry marxist leader gaining support...
HeySteve: I can't say I'm optimistic
mircea_popescu: so why are you staying ?
HeySteve: looking for the right place to move to
mircea_popescu: argentina, forgetaboutit.
HeySteve: why did you choose argentina?
mircea_popescu: cause it rocks.
chetty: dollar blue 13.7
HeySteve: friends with a family from there, heard a lot of good things
mircea_popescu: chetty by now whenever i change it jumps, for crying out loud.
chetty: you move the market
Vexual: every time he paso dobles
mircea_popescu: if that's the case i should be moving it the other way lol
assbot: [HAVELOCK] [PETA] 5000 @ 0.00122538 = 6.1269 BTC [-] {18}
assbot: [HAVELOCK] [PETA] 473 @ 0.0012 = 0.5676 BTC [-] {6}
punkman: mircea_popescu: are the convenience stores selling bitcoin already?
mircea_popescu: nah.
HeySteve: hmm will a small amount of bitcoin let me afford to live like a king in argentina yet?
punkman: no
mircea_popescu: no, but you can probably find work, seeing how 60%ish of the population works in the gray and black market.
Vexual: 256 ghanan kids in '65 scored 79iq drawing a man: 128 drew them with 3 legs
HeySteve: yeah I'd say it's between South America and Australia / New Zealand
HeySteve: mircea_popescu is English fairly widely spoken there?
mircea_popescu: nope.
HeySteve: ah that'd be the biggest challenge then, OZ / NZ is more about the money
mircea_popescu: A weary old lecher named Blott took a luscious young blond to his yacht.
mircea_popescu: Too lazy to rape her he made darts out of paper, which he leisurely tossed at her twat.
mircea_popescu: HeySteve learn a language, it won't kill ye.
Vexual: guatamala ie
fluffypony: HeySteve: Zuma is no worse than Obama signing off on what the NSA does - at least what Zuma does is blatant and obvious, and not sinister and hidden
fluffypony: besides - he's uneducated, he has a Grade 6 education
mircea_popescu: that's an unexpected defense.
mircea_popescu: that too.
fluffypony: I'll take mildly incompetent and a little greedy from having grown up poor and uneducated
mircea_popescu: does this reduce to a no malice for reason of plain stupidity plea ?
fluffypony: over sinister and devious in the name of "protection"
fluffypony: know thine enemy
HeySteve: fluffypony, it limits what he can get away with in secret, sure...
HeySteve: but it also limits my expectation of sensible forward planning
fluffypony: yeah but which country has leadership with sensible forward planning? Norway?
fluffypony: a country led by a visionary will be let down by the incompetence of those executing that vision
fluffypony: a country led by somone incompetent at least has a chance to be propped up by the few competent ones in the middle tiers of governance
HeySteve: there's a few I'd trust to ensure basic infrastructure is maintained and expanded as necessary
ThickAsThieves: i was waiting at the auto repair shop a few mos ago and an old man was writing and reading limericks to me
fluffypony: but every human system of leadership is flawed
ThickAsThieves: stuff about the dealership
ThickAsThieves: corny but fun
Vexual: im stealing that one
mircea_popescu: fluffypony personally, i'm looking for visionaries i personally know.
mircea_popescu: it's a system that always worked well for me.
fluffypony: meh - I've just written human leadership off as flawed and unworkable
fluffypony: so I'll comply with whatever I am obligated to comply with by virtue of my chosen country of residence
fluffypony: but beyond that I ignore them
mircea_popescu: heh. you need better friends. human leadership rox.
fluffypony: mircea_popescu: I'm already a benevolent dictator in my own little fish-pond, so it's not like I need to concern myself with those governmental humans that consider themselves my leaders :-P
mircea_popescu: hehe i guess that works.
Vexual: perhaps you're a communist
fluffypony: Vexual: well I did marry a German...
fluffypony: and she's from East Germany
mircea_popescu: An amazon giantess named Dunne let a midget screw her for fun.
mircea_popescu: But the poor little runt was engulfed in her cunt and re-born as the twin of his son.
fluffypony: hah hah
fluffypony: <3
assbot: Some Altcoin poetry
fluffypony: I wrote a couple there
mircea_popescu: An architect fellow named Yoric could, when feeling euphoric, display for selection three kinds of erection- Corinthian, Ionic, and Doric.
mircea_popescu: fluffypony why do they hate on you so ?
mircea_popescu: fucking idiots those people, you can show them a finger, they can say what's wrong with it.
fluffypony: I guess he didn't like being corrected :-P
Vexual: thrice
mircea_popescu: fluffypony has it ever occured to you that perhaps you're picking up habits and forming expectations of the world here that'll make it difficult to fit in the rest of the internets ?
fluffypony: heh
fluffypony: I once had a girlfriend break up with me because I kept correcting her 11 year old sister's grammar (kid's gotta learn before it becomes too ingrained, yo)
fluffypony: so I guess I've always been an opinionated prick :-P
mircea_popescu: uh
mircea_popescu: how the fuck does that work, shouldn't sisters enjoy their sibling;s torment ?
fluffypony: she was from the Overprotective R Us school of thought
chetty: nah, not sisters with some age spread, mothering instincts kick in
mircea_popescu: chetty ah good point'
mircea_popescu: fluffypony was she over 18 ?
fluffypony: yes
mircea_popescu: so you see what you did wrong there.
mircea_popescu: were she 15 you'd have been fine.
fluffypony: well I was 20 or 21 at the time
fluffypony: I was trying out someone my age
mircea_popescu: speaking of which, "An old electronic designer had designs on a minor named Dinah. He couldn't carry them out for his prick was too stout, and too small was the minor's vagina."
mircea_popescu: check out what FILTH!!1 gets distributed with linux
mircea_popescu: into the unsuspecting homes of erryday goodfolk.
fluffypony: lol
fluffypony: arrest them!
mircea_popescu: off with their heads.
mircea_popescu: An old man at the Folies Bergere had a jock, a most wondrous affair:It snipped off a twat-curl from each new chorus girl, and he had a wig made of the hair.
assbot: Ebola Virus: Dead Irishman Tests Negative - WSJ
[]bot: Bet created: "LTC to over $6.50 USD before Oct 5th" http://bitbet.us/bet/1031/
assbot: [MPEX] [S.MPOE] 12550 @ 0.00063578 = 7.979 BTC [-]
assbot: [MPEX] [S.MPOE] 27092 @ 0.00063602 = 17.2311 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 15200 @ 0.00063254 = 9.6146 BTC [-] {2}
ThickAsThieves: http://iruntheinternet.com/lulzdump/images/gifs/seal-steals-fish-fisherman-boat-1382810646V.gif
ThickAsThieves: the bird was too slow
assbot: [HAVELOCK] [AM1] 2 @ 0.27400001 = 0.548 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.291 = 0.582 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 30 @ 0.26946933 = 8.0841 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 12810 @ 0.00063668 = 8.1559 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12100 @ 0.00063699 = 7.7076 BTC [+]
assbot: BBC News - Iceland issues Bardarbunga volcano red alert
assbot: [HAVELOCK] [PETA] 527 @ 0.00107634 = 0.5672 BTC [-] {4}
assbot: [HAVELOCK] [PETA] 535 @ 0.00105005 = 0.5618 BTC [+] {3}
asciilifeform: ;;later tell mircea_popescu pity handle turns the entire thing into such a sad pro-govt piece << no surprises here.
gribble: The operation succeeded.
asciilifeform: 'international directorate of date rape'
asciilifeform chokes
assbot: [HAVELOCK] [PETA] [PAID] 6.26743460 BTC to 1`149`988 shares, 545 satoshi per share
assbot: [HAVELOCK] [B.MINE] [PAID] 1.58080095 BTC to 14`991 shares, 10545 satoshi per share
kakobrekla performs heimlich maneuver on asciilifeform
asciilifeform spits out more lulz
kakobrekla: hehe
assbot: [MPEX] [S.MPOE] 8350 @ 0.00063836 = 5.3303 BTC [+]
TomServo: !up SuchWow
kakobrekla: lol not this again
TomServo: sorry, I couldn't resist
asciilifeform: ;;later tell mircea_popescu maryland excepted. i have nfi idea what it's even for << it's where they keep ft. meade. (largest employer, largest consumer of mains current, per public stats.)
gribble: The operation succeeded.
asciilifeform: ;;later tell mircea_popescu they also have many other similar шарашкаs here; in most cases, readily spotted with the naked eye on account of the highly-ritualized architectural style.
gribble: The operation succeeded.
asciilifeform: (what style? gigantic plate-glass window walls that never let through office light - they're painted black on the inside; the seemingly-mandatory wrought-iron fence, with steel cable trusses - nominally against terrorist trucks (TM); archaically-massive satellite antennae; a few other features broadly known to anyone who looks with any regularity.)
assbot: [MPEX] [S.MPOE] 8200 @ 0.00063841 = 5.235 BTC [+] {2}
asciilifeform: any folks here living in u.s. colonies (read: nato) are welcome to comment re: whether such brutalist monstrosities blot your landscape as well.
chetty: asciilifeform, got any opinion on that lovely little volcano?
asciilifeform: chetty: looks like a potential rehash of '10.
chetty: If this one actually blows its likely to be bigger, I think
BlueMeanie4: heya Daniel
BlueMeanie4: so how do buy options/futures?
assbot: Blue Meanie (BlueMeanie4) auf Twitter
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
BlueMeanie4: is there some kind of docs for this?
BlueMeanie4: my works on altchain describe how to do options/futures/bonds using a block chain
assbot: wot_and_reputation [bitcoin assets wiki]
BlueMeanie4: ah ok
BlueMeanie4: danke
BlueMeanie4: has anyone tried to build a more usable interface to this?
BlueMeanie4: well you could expand the markets for these instruments
BlueMeanie4: maybe usable for you- a techie :) :) :)
BlueMeanie4: lol ok
BlueMeanie4: ok so read that WOT page- doesnt describe the instruments
BlueMeanie4: sure
gribble: BlueMeanie4, (eregister <nick> <keyid>) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without the '0x' prefix. We look on servers listed in 'plugins.GPG.keyservers' config. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your (1 more message)
gribble: passphrase will expire in 10 minutes.
assbot: /hashtag/BTER?src=hash got hacked, hacker stole 5% of all /hashtag/NXT?src=hash. hacker sending ransom demands to BTER team using the NXT /hashtag/blockchain?src=hash: https://t.co/7mdXkp2lL4
BlueMeanie4: ok dont have time to do this right now
BlueMeanie4: Dbarron- you like that tweet? :)
gribble: BlueMeanie4, (bcregister <nick> <bitcoinaddress>) -- Register your identity, associating bitcoin address key <bitcoinaddress> with <nick>. <bitcoinaddress> should be a standard-type bitcoin address, starting with 1. You will be given a random passphrase to sign with your address key, and submit to the bot with the 'bcverify' command. Your passphrase will expire in 10 minutes.
BlueMeanie4: haha were you around when all that crap happened?
BlueMeanie4: im far too honest for the crypto world
BlueMeanie4: NXT isnt secure- theyre addressing some important ideas that have been floating around for a while- but not doing it securely or faithfully
BlueMeanie4: great, I've been reading Mircea Popescu lately- enjoy his writings
BlueMeanie4: cant say how accurate they are though
BlueMeanie4: this is interesting : http://trilema.com/2012/how-does-one-list-on-mpex/
assbot: How does one list on MPEx ? pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: this is precisely the issue they were having at NXT. People issuing ponzi assets, in particular jl777
BlueMeanie4: no reporting or filing standards at all.
BlueMeanie4: so I wanted to introduce them in a package called 'Virtual Corporations' which were a crypto way of having trustees over accounts and few other features
BlueMeanie4: so it looks like Mircea has the vision, just doesnt have the technology developed
BlueMeanie4: not sure if these things are particularly associated with this channel...
BlueMeanie4: could be off topic
BlueMeanie4: ok so what are you not following?
BlueMeanie4: ill take a closer look at it
BlueMeanie4: we were looking at way to automate rating and a format to index securities and such
BlueMeanie4: in particular i find crypto-bond markets interesting
BlueMeanie4: generally warm to it, but i think piggybacking the block chain is ultimately doomed
BlueMeanie4: also some of their metaphors for finance are irregular, weird, and possibly broken
assbot: [MPEX] [S.MPOE] 9912 @ 0.00063842 = 6.328 BTC [+]
BlueMeanie4: its a complex subject, we explored all this stuff during the color coins discussions
Apocalyptic: <BlueMeanie4> NXT isnt secure // is NXT the PoS thing ?
Apocalyptic: if so it's inherently insecure yeah, mainly because you can "mine" at any point in the chain,without committing ressources
Apocalyptic: !up BlueMeanie4
BlueMeanie4: obviously this isnt the place for a friendly chat- you can PM me if you want
asciilifeform: punkman: https://pbs.twimg.com/media/BvqYNQ5IcAAAvB7.jpg:large << far better, https://www.flickr.com/photos/bradkelly/5998485106
assbot: Is your washroom breeding Bolsheviks? #papertowels #advertising | Flickr - Photo Sharing!
Apocalyptic: I'm amazed at the trust people put into PoS, but then again after seeing the investment section of bitcointalk it isn't that surprising
asciilifeform: ^ first saw that one on a wall in school! (u.s. school; history class)
Apocalyptic: BlueMeanie4, why do you say that ? it is, as long as you have something interesting to say people will !up you
BlueMeanie4: hey if the mod is going to silence me for no voiced reason mid conversation- why bother?
asciilifeform: re: nail polish poison detector << how many cases of dysentery from the finger dips.
Apocalyptic: BlueMeanie4, it's a bot
BlueMeanie4: oh is it?
BlueMeanie4: i feel better now :) lol
BlueMeanie4: i guess ill try to be more concise. Mirceau's blog makes me want to learn Romanian.
BlueMeanie4: the writing is spectacular :)
Apocalyptic: yeah Mircea knows how to write indeed
Apocalyptic: though truffles would argue
BlueMeanie4: ha it reminds me of yiddush literature very similar
BingoBoingo: ;;seen truffles
BingoBoingo: !up usagi
chetty: good news is he doesn't write in Romanian anymore, all English these days
BlueMeanie4: ya the way he uses english is just brilliant
asciilifeform: the other good news is that it is possible to learn languages.
asciilifeform: some folks will warn you that this requires lost ancient technology - don't believe.
BlueMeanie4: romanian is a odd one
BlueMeanie4: acsii lol
chetty: odd and hard
Apocalyptic: ascii, it is, but from a certain age it becomes exponentially difficult to master ir
Apocalyptic: *it
asciilifeform: exponentially difficult << 'learn' for translating a diplomat - perhaps hard; reading articles in your armchair slowly - not so hard
BingoBoingo: Apocalyptic: This is why I use booze to keep my brain supple
Apocalyptic: asciilifeform, you got a point
asciilifeform: just be sure never to confess to knowing a language - or people might speak it to you, and that'll be a little like work.
BingoBoingo: <asciilifeform> any folks here living in u.s. colonies (read: nato) are welcome to comment re: whether such brutalist monstrosities blot your landscape as well. << Scattered throughout the towns on the West side of Scott Airforce base in the Metro east are low rise versions of this
BlueMeanie4: plus you can pretend you dont understand their insults
Apocalyptic: <BingoBoingo> Apocalyptic: This is why I use booze to keep my brain supple // how well does that work ?
asciilifeform: BingoBoingo: they're traditionally 1-3 floors. make life a little harder for kgb binoculars, or whatnot.
BlueMeanie4: 1-3 floors so they dont have to have an elevator
BingoBoingo: <BlueMeanie4> plus you can pretend you dont understand their insults << This is the benefit of having at least vulgar familiarity in a 3rd language
asciilifeform: BlueMeanie4: 100% have elevators. 'disability act' compliance.
BingoBoingo: asciilifeform: The dominant form here are vaguely labeled or unlabeled office parks for businesses whose customers rarely visit
BlueMeanie4: BB: where is here?
BingoBoingo: BlueMeanie4: The portion of Illinois well spaced away from Chiraq
asciilifeform once had the good fortune to visit just such a 'park.' inside: mildly refinished warehouse, with plentiful cubicles and many hanging models of satellites; on the walls, hanging mementos of the 'glorious reagan years' - 'this floppy contains our first flown firmware!' and more in that spirit.
BlueMeanie4: think: beige
asciilifeform: they even sent a stereotypical woman to prepare stereotypical coffee, and served it on a bar, lifted straight from a 1950s american tv scene.
chetty: I once worked in an office where one of the guys painted windows on the walls ...
BlueMeanie4: would you rather have one of those ultra-modern offices complete with ping pong table and espresso machine to ensure you spend every waking hour there?
asciilifeform also saw that kind.
BingoBoingo: It's just odd driving through a suburban residential neighborhood and passing the squat dentist looking office park and seeing a Northrop Grumman sign
BlueMeanie4: yes clearly these old modes of civilization in the us are decomposing fast
asciilifeform: grumman dentist needs office too. lined with cork, for the screams of the 'patients.'
assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/14BQA16.txt )
BingoBoingo: !b 3
asciilifeform: (as pictured in film 'brazil')
BlueMeanie4: spent a week wandering the polish countryside, interesting experience
asciilifeform: arbeit macht frei.
BlueMeanie4: more appropriate: "vodka macht frei"
chetty: <BlueMeanie4> more appropriate: "vodka macht frei"//+++
chetty: !up BlueMeanie4
assbot: This is what happens when non-tech people discover web developer tools http://t.co/LGlzHGxWvh
BlueMeanie4: click the blue E
chetty: BingoBoingo, omg that gives me flashbacks when everywhere you looked was frontpage generated stuffs ....:(
BingoBoingo: Frontpage was so bad
mircea_popescu: asciilifeform no surprises here. << not sure what his story is.
mircea_popescu: asciilifeform architectural style. << this is such a lol, because yes they do it, it's almost as if trying to copy own glory moments resulting in cheap tourist shop replicas. just... why!
mircea_popescu: whole place looks like latter day rome on this account. forum this, baths that, bla bla bla.
mircea_popescu: http://peaceandmarkets.com/2014/08/24/cheat-on-bitcoin-with-hyper-itll-be-your-loss/
assbot: Cheat on Bitcoin with HYPER? It’ll be Your Loss | Peace and Markets
BingoBoingo: %p
atcbot: No data returned from CoinMiner.net
atcbot: [PityThePool Hashrate]: 700.94 GH/s [iSpace Pool Hashrate]: 1.28 TH/s
BingoBoingo: %d
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 233849.46 in 1781 blocks (#46368) Est. % Change: -87.55
BingoBoingo: http://blog.sfgate.com/sfmoms/2014/08/21/high-school-student-arrested-for-writing-story-about-shooting-dinosaur/
assbot: [MPEX] [S.MPOE] 13994 @ 0.0006377 = 8.924 BTC [-]
assbot: Proof of dishonesty and lies from Gawminers.com Hashlet Ponzi Scheme Scam
assbot: [HAVELOCK] [B.MINE] 80 @ 0.01029999 = 0.824 BTC [-]
assbot: [MPEX] [S.MPOE] 28600 @ 0.00063678 = 18.2119 BTC [-] {4}
asciilifeform: mircea_popescu: not sure what his story is << herr handle is a u.s. army officer, now working at a not-too-hard-to-guess-which world-famous bureaucracy.
asciilifeform: (http://www.loper-os.org/?p=1323&cpage=1#comment-7376 << that bureau.)
mircea_popescu: bonano crime fambly ?
asciilifeform: nsano crime family
mircea_popescu: lol. in every remaining competent bureaucrat there's an intelligent person captive, struggling to get free.
mircea_popescu: at least, that's what his piece brings to mind.
mircea_popescu: an' with that, i'll be off to meet people and things. later dear chan!
asciilifeform off to cook severe coffee, for conversion into mathematics
assbot: Guevara246 +v failed; L1: 0, L2: 0
TomServo: !up guevara246
guevara246: Hey, I have a question regarding P2SH and timelocked transactions: in a use case where a client is purchasing a good or service using a 2 of 3 multisig scheme, can a timelocked transaction be broadcast to the network and invalidated by a second transaction, signed by the same agents, sending outputs to a different address?
guevara246: the rationale being applied to chargeback and fraud
assbot: [MPEX] [S.MPOE] 10950 @ 0.00063859 = 6.9926 BTC [+] {2}
assbot: The Return of Windowcat - Imgur
fluffypony: YAY!
fluffypony: Satoshi's buddy
fluffypony: I mean
fluffypony: usagi's buddy
fluffypony: SuchWow
fluffypony: I mean such typo
fluffypony: complete typo, sorry SuchWow
TomServo: Now you had better !up him, in case he should care to comment.
asciilifeform: untameable but highly useful animal.
TomServo: asciilifeform: Is that the cat that killed the defective bird?
asciilifeform: TomServo: the very same.
TomServo: Useful indeed.
assbot: [MPEX] [S.MPOE] 9421 @ 0.00063578 = 5.9897 BTC [-]
assbot: [MPEX] [S.MPOE] 6900 @ 0.0006346 = 4.3787 BTC [-]
thestringpuller: ;;later tell guevara246 this is a problem I was working on. even with a single sig a timelocked transaction can be double spent if it another valid transaction is broadcasted and accepted before the timelock expires the original transaction becomes expired
gribble: The operation succeeded.
thestringpuller: becomes invalidated*
thestringpuller: it's weird how this issue hasn't been addressed more in use cases since there is no way to really set up a trust fund of sorts with time-delayed transactions without the risk of the beneficiary double spending
assbot: [MPEX] [S.MPOE] 6150 @ 0.0006354 = 3.9077 BTC [+]
TomServo: $depth mpoe
empyex: TomServo: Want a bash? http://bash.bitcoin-assets.com/?quote=6 Or use a valid MPSIC!
kakobrekla: >Providing you with financials only provides grist for your complaint mill, and gives you more to moan about. So that's not a priority.
hanbot: ;;later tell BingoBoingo Is it just me or does hanbot blog with an unstated anger and foreboding that seldom comes through in mircea_popescu posts because mircea_popescu need not give a fuck << you sayin' i give too many fucks? is that what you're sayin'? like what, like i'm an angry foreboder, here to amuse you?!
gribble: The operation succeeded.
hanbot: asciilifeform is windowcat watching you tinkerbate?
nubbins`: i always thought the word "factoid" was a direct analogue of the phrase "useless trivia"
nubbins`: today, i find out i've been using this word incorrectly since childhood
ThickAsThieves: me too, that is interesting
ThickAsThieves: factoid is a factoid
mircea_popescu: !up BlueMeanie4
ThickAsThieves: pretty cool
mircea_popescu: <guevara246> the rationale being applied to chargeback and fraud < yes.
mircea_popescu: <TomServo> Now you had better !up him, in case he should care to comment. <<, your dry humour has been recorded :D
mircea_popescu: <thestringpuller> it's weird how this issue hasn't been addressed << they're called power rangers for a reason you know.
mircea_popescu: kakobrekla who's that ?
mircea_popescu: nubbins` no, it's a direct anlogue of useless trivia.
nubbins`: the definition of factoid was in fact a factoid for me this whole time
mircea_popescu: trivial or false information that exists more for being repeated than for being important
nubbins`: i was very nonplussed upon realizing this
mircea_popescu: nubbins` so what do you (erroneously) think it means now ?
ThickAsThieves: lies
ThickAsThieves: damn lies
mircea_popescu: From: Ana Samaniego Sent: Saturday, August 23, 2014 4:24 PM Subject: Hello I NEED YOUR PARTNERSHIP OF $49.5 MILLION USD. E-MAIL: jmorrow147@rogers.com
asciilifeform: hanbot: lol. windowcat, in all likelihood, began by watching birds. or the play of her kitten, microwindowcat. but she's been known to look in the window.
mircea_popescu: chick wants to has my babies ?
ThickAsThieves: i heard you wanted to have children
mircea_popescu: yes, but for lunch.
assbot: Last 2 lines bashed and pending review. ( http://dpaste.com/2X4SYJR.txt )
asciilifeform: !b 2
assbot: Dumplings (film) - Wikipedia, the free encyclopedia
nubbins`: mircea_popescu: analogous to "human" vs "humanoid"
ThickAsThieves: good little trilogy
ThickAsThieves: ...Extremes
mircea_popescu: nubbins` that's nonsense. next you're going to believe a tabloid is a littler table.
nubbins`: HEH.
nubbins`: humanoid doesn't mean littler table!
nubbins`: i, uh. wait
asciilifeform: no. it's a little tabl.
nubbins`: humanoid doesn't mean littler human!
mircea_popescu: a humanoid is some sort of human-resembling thing. a factoid holds more prejudice : it's a nonfactual fact-looking thing.
ThickAsThieves: like a human
ThickAsThieves: not a human
asciilifeform: or, 'spheroid' vs sphere.
mircea_popescu: ThickAsThieves like a virgin.
asciilifeform: http://mathworld.wolfram.com/Spheroid.html << for folks with memory loss
assbot: Spheroid -- from Wolfram MathWorld
nubbins`: like someone who doesn't own btc
mircea_popescu: this should totally be a thing. "honey, i'm a virginoid."
ThickAsThieves: i can feel my heart beat
nubbins`: elijah wood is a virginoid
ThickAsThieves: my first gf was a virginoid
mircea_popescu: "what's that ? " "like a virgin that's really obsessed with the notion people are trying to fuck her. paranoid virgin."
ThickAsThieves: she thought she was a virgin cuz she only had anal
mircea_popescu: so what's a fucktoid ?
ThickAsThieves: handjob
mircea_popescu: or maybe it should be spelled fucktoy'd.
ThickAsThieves: this is actually what the bitcoin community does to everything
ThickAsThieves: make it -oid
asciilifeform: 'the irish maidens have not lost their virtue; they merely misplaced it by an inch.'
mircea_popescu: altcoinoid ?
mircea_popescu: "no ty, i have my own altoids"
ThickAsThieves: blockchainoid
mircea_popescu: nubbins` see what you've doneoid ? i hope you're happyoid nao.
ThickAsThieves: biggestfirstbestoid
mircea_popescu: ID!
asciilifeform -oid << has long recognized the existence of 'womanoids', who bear the same relationship to 'woman' as spheroid to sphere.
assbot: [MPEX] [S.MPOE] 22400 @ 0.0006346 = 14.215 BTC [-]
mircea_popescu: <asciilifeform> 'the irish maidens have not lost their virtue; they merely misplaced it by an inch.' << does this mean they imagine purity is about keeping their asshole undeflowered, or does it mean their hymen is now wrapped around their uterine head ?
BlueMeanie4: it's like a 'mini fact'
ThickAsThieves: it's not
nubbins`: it's not!
ThickAsThieves: thats the point here
nubbins` gestures emphatically at screen
BlueMeanie4: something neither provable nor disprovable, but simply annoying enough to be worthy of printing
mircea_popescu: BlueMeanie4 don't feed the trolloids.
nubbins`: factlet
BlueMeanie4: ya
BlueMeanie4: factoids are to fact what pizza rolls are to pizza
mircea_popescu: pizzoid.
BlueMeanie4: they are not quite facts, but similar and have related qualities and are a diminished form of such
nubbins`: hechito
mircea_popescu: i wonder if there's a fetish where the guy wants to eat out girls that have priorly masturbated with pizza rolls
mircea_popescu: for the delicious cheezy flavour.
nubbins`: pizza rolls!
mircea_popescu: The Asteroid Monsteroid!
mircea_popescu: Coming soon! At a cinema near you!
nubbins`: hemorrhoid
nubbins` blinks, considers
mircea_popescu: yea, it's a diminished hemohorror.
nubbins`: hemohorror, for when hemorrhaging scares you
nubbins`: (most of the time)
mircea_popescu: meanwhile at the trilema ranch of feminist pain, http://trilema.com/2014/how-i-was-wrong-cuckolding-or-a-story-about-sigmas/#comment-106375
assbot: How I was wrong : Cuckolding, or a story about sigmas pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: so what exactly is going on in crypto these days?
BlueMeanie4: seems everything is lame as hell
mircea_popescu: that.
asciilifeform: why no one asks 'what is going on in metallurgy?'
asciilifeform: and does this mean 'everything lame as hell' ?
nubbins`: moriarty, dat unsolicited pm
BlueMeanie4: i dont know im just not excited about anything i see
asciilifeform: must something 'go on' at all times?
BlueMeanie4: not really no
mircea_popescu: nubbins` you too ?
BlueMeanie4: just thought id poll this IRC
mircea_popescu: ;;gettrust moriarty
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user moriarty: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=moriarty | WoT data: http://b-otc.com/vrd?nick=moriarty | Rated since: never
asciilifeform: i think we all got sp4mz0r3d
nubbins`: yeah, ##econometroid or something
mircea_popescu: idiots. well, ignore exists for a reason i guess.
nubbins`: BlueMeanie4: the rich get richer, the rubes get ruber
nubbins`: same old
BlueMeanie4: there must be some options
asciilifeform: im just not excited about anything i see << constant state of excitement is a medical condition, doctors say 'priapism' and it is curable. be glad you aren't 'excited' at all times.
nubbins`: always
mircea_popescu: lol why so mean.
nubbins`: there are never no options
mircea_popescu: HE's supposed to be the meanie here.
nubbins`: oh shit
asciilifeform: lol
nubbins`: TOMORROW is opposite day
BlueMeanie4: im actually not that mean
nubbins`: sorry guise D:
mircea_popescu: nubbins` you ain't black enough yo. if you were you'd have not got no options.
mircea_popescu: BlueMeanie4 why not ? are you like a loser or something ?
asciilifeform: some people only get options 'abort, retry, fail'
BlueMeanie4: the mean shall inherit the earth
mircea_popescu: i think that was "the average" not "the mean"
nubbins`: ooh, 2x snare 1x crash
mircea_popescu: BlueMeanie4 anyway, nothing is happening in crypto since altcoin killed everything.
thestringpuller: hanbot: was that a goodfella's reference?
mircea_popescu: http://iruntheinternet.com/lulzdump/images/gifs/seal-steals-fish-fisherman-boat-1382810646V.gif <<< ahahaha epic.
mircea_popescu: BlueMeanie4: so how do buy options/futures? << probably your best bet atm is otc. get in the wot, identify a trustworthy cp, sign a contract.
BlueMeanie4: we can build a real p2p financial instruments tool
mircea_popescu: we can't, because a) you're not in the wot so no we, and b) we already have.
BlueMeanie4: ok i guess it would be fair to give your platform a real vetting
mircea_popescu digs up wherever he said that something can either be decentralized or systematic, not both.
BlueMeanie4: i think IRC might be limited in key ways for this purpose
asciilifeform: mircea_popescu: http://polimedia.us/trilema/2013/in-which-we-discuss-datskovskiys-discussion-of-mpex << here i think
assbot: In which we discuss Datskovskiy’s discussion of MPEx pe Trilema - Un blog de Mircea Popescu.
BlueMeanie4: also you need to have securitization features
mircea_popescu: !up jborkl
BlueMeanie4: is assbot a person or a robot?
mircea_popescu: ;;google gpg contracts
gribble: GPG Contracts – Adler Vermillion, LLP: <http://adlervermillion.com/gpg-contracts/>; GPG contracts pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2012/gpg-contracts/>; GPG Contracts - Satoshi Nakamoto Institute: <http://nakamotoinstitute.org/literature/gpg-contracts/>
jborkl: http://www.smithsonianmag.com/smart-news/ebay-owned-mobile-currency-company-thinking-about-accepting-bitcoin-180952457/#AzpTZcCVBOjH4vQz.16
assbot: History, Travel, Arts, Science, People, Places | Smithsonian
mircea_popescu: BlueMeanie4 ever read that one ?
jborkl: Deep ++
jborkl: Derp
mircea_popescu: asciilifeform actually i was thinking of http://trilema.com/2012/gpg-contracts/#comment-102651
assbot: GPG contracts pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: !up BlueMeanie4
BlueMeanie4: and the first contracts were probably marriage contracts
mircea_popescu: not probably, they actually were.
thestringpuller: now i can get fat
BlueMeanie4: ha
BlueMeanie4: its a good essay
mircea_popescu: so there you go. the wot is your tool.
BlueMeanie4: im gonna crack it open on monday
BlueMeanie4: hopefully you guys will be around here then
mircea_popescu: been around for years, what's another weekend.
mircea_popescu: everything else went to shit, satoshi, mtgox, all the previous things that "were" bitcoin. we're still here.
BlueMeanie4: ya i knew a bit about you
BlueMeanie4: even mentioned you on some listervs
BlueMeanie4: WOT that is
nubbins`: BlueMeanie4 what kinda options/futures you looking to buy
BlueMeanie4: well want to know how the controls work
BlueMeanie4: this is part of the problem, MARKETING is the big challenge for these sorts of instruments
mircea_popescu: nubbins` it's actually one of the best ways to get in the wot, fully paid future delivery contracts with someone already in. should be safe enough if dealing with a heavyweight for both parties.
mircea_popescu: BlueMeanie4 no it's not. they aren't for the mass market.
mircea_popescu: whenever the random idiot gets involved across the board, the economy goes to shit.
BlueMeanie4: actually our economic crisis was blamed on a sort of security
mircea_popescu: someone wants to cast a vote in the wonderous world of finance, he'd better demonstrate either intelligence or the ability to retain counsel.
BlueMeanie4: and there are MASSIVE outstanding instruments that most believe will collapse
mircea_popescu: you don't say.
BlueMeanie4: well part of the problem here is how to catalog the *offerings* for these instrumetns so I can easily invest or market them
BlueMeanie4: example I want to make a bond for my business
BlueMeanie4: but no one knows what my business does
BlueMeanie4: but there are investors out there who might want to invest in my CLASS of credit
BlueMeanie4: this is how mortgage financing works
BlueMeanie4: the bankers no longer know who you are
BlueMeanie4: but they know what class of credit you are in
BlueMeanie4: so this approach greatly increases liquidity
jborkl: Mircea, if I need credit for the next 3 days will my WOT suffice?
BlueMeanie4: well you WOT is one-dimensional. say you were to describe what the credit is FOR, ie. you want to finance a software project. then your market opens up, there are investors out there who invest in such things.
BlueMeanie4: also collateralized contracts are very useful
hanbot: thestringpuller: hanbot: was that a goodfella's reference? << yepper.
mircea_popescu: jborkl depends how much.
mircea_popescu: BlueMeanie4 i don't think you understand hw it works.
mircea_popescu: ;;google how the wot works
gribble: Why WOT works | WOT (Web of Trust): <http://www.mywot.com/en/support/how-wot-works>; How WOT ratings work | Help Center | WOT (Web of Trust): <http://www.mywot.com/en/faq/website/rating-websites>; Frequently Asked Questions | World of Tanks: <http://worldoftanks.com/en/content/guide/general/frequently_asked_questions/>
mircea_popescu: shame on you google.
assbot: What the WoT is for, how it works and how to use it. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: ;;google what the wot is for
gribble: What the WoT is for, how it works and how to use it. pe Trilema - Un ...: <http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/>; World of Tanks official forum: <http://forum.worldoftanks.com/>; WoT 9.x Guide for Better FPS/Graphic Optimization 3.0 - Support ...: <http://forum.worldoftanks.com/index.php?/topic/349743-wot-9x-guide-for-better-fpsgraphic- (1 more message)
mircea_popescu: sorry google, i take it back. my bad.
jborkl: World of tanks heh
BlueMeanie4: im familiar with it
mircea_popescu: so then what exactly do you mean by "one dimensional"
mircea_popescu: it's infinitely dimensional.
BlueMeanie4: the point is that different classes of credit are valuable to different classes of people
mircea_popescu: exactly.
BlueMeanie4: well WOT measures value by the person, not the type of credit this person is marketing
mircea_popescu: ...
mircea_popescu: that made no sense. try again ?
BlueMeanie4: heres an example
BlueMeanie4: i make two mortgages
BlueMeanie4: one for palo alto and one for ferguson
BlueMeanie4: made by the same person
BlueMeanie4: are they both worth the same?
mircea_popescu: ...
mircea_popescu: "i order a dildo and a box of cookies in the same shop. are they worth the same ?"
mircea_popescu: that's the wrong question. is it equally likely the store will deliver my order is the right question.
BlueMeanie4: thats a fairly specious and somewhat annoying response
mircea_popescu: and yes, i would say that they are equally likely to be delivered.
BlueMeanie4: point is
BlueMeanie4: yes i would buy one mortgage risk and not the other
BlueMeanie4: these are facts of financial markets
mircea_popescu: but for no reasons to do with the actual risk.
BlueMeanie4: try to get car insurance in detroit
BlueMeanie4: and see what happens
mircea_popescu: strictly for reasons to do with what you're buying.
mircea_popescu: it's nonsense to claim they're the same things but with different risks,.
BlueMeanie4: right i want to knwo what im buying
mircea_popescu: they're actually different things.
BlueMeanie4: WOT only looks at the person issueing and while this isn't useless, it is possible to make much better systems
mircea_popescu: ok, so what you're buying is between you and your cp.
BlueMeanie4: true
mircea_popescu: no, wot only looks at how likely it is for your cp to lie to you.
BlueMeanie4: but its EASIER to market it if i can catalogue by risk class
mircea_popescu: but the reason you can't is because that's a fucktarded system made by lazy apes that doesn't work
mircea_popescu: which is why you're here, and which is why i'm not on ws.
BlueMeanie4: youve got the basic contract mechanism, now you need securitizatino tools
mircea_popescu: because your system sucks.
mircea_popescu: the wot is the securization tool.
BlueMeanie4: no you dont understand meaning of 'securitization'
BlueMeanie4: it doesnt mean making securities per se
BlueMeanie4: it means turning risk into a monetized resource
mircea_popescu: i do. the problem is that you'd like for shorthand that's accepted in an old, meanwhile abandoned system to work unioversally.
mircea_popescu: it doesn't work universally.
mircea_popescu: you'll have to learn new shorthand.
mircea_popescu: same principles, of course, but changes the engineer's life entirely.
BlueMeanie4: i can write a contract lets say a futures contract right?
mircea_popescu: sure.
BlueMeanie4: pretty simple
BlueMeanie4: i give you 10 beans on christmas day 2015
mircea_popescu: okay.
BlueMeanie4: but can i resell that risk?
mircea_popescu: sure.
BlueMeanie4: how
mircea_popescu: by... reselling it. making a new contract.
BlueMeanie4: no thats not exactly the same
mircea_popescu: hell, the ether future contract specifically said it will allow assignment even.
BlueMeanie4: because the VALUE of that RISK doesnt float on the market
mircea_popescu: no, it's not exactly the same. hence the comment above about shorthands,
BlueMeanie4: in modern markets
BlueMeanie4: i can make that futures contract
mircea_popescu: your modern markets failed.
BlueMeanie4: and the default collateral i can put on the market
mircea_popescu: which is why we're here.
BlueMeanie4: and it can change hands
BlueMeanie4: its very powerufl
BlueMeanie4: generates massive amounts of wealht
mircea_popescu: hey, you wanna stick to doing it that way by all means.
mircea_popescu: go ahead. it ain't happening here, and it won't survive the decade.
BlueMeanie4: while thats a valid point, i dont think they failed BECAUSE of securitization altough these new methods did destablize
BlueMeanie4: they are not inherently destructive
mircea_popescu: the argument as presented is purely semantical.
b00lcrap: hi
mircea_popescu: they didn't fail because of securitization directly, but nevertheless they will fail unavoidably for reasons rooted in why that particular kind of securitization works that particular way.
mircea_popescu: ello b00lcrap
b00lcrap: hey good day sir
b00lcrap: im asciilifeforms co worker
b00lcrap: i dont think we have officially met.
mircea_popescu: how goes at stan's co-work ?
b00lcrap: well they tell me its a sinking shit
mircea_popescu: !up BlueMeanie4
b00lcrap: but we have all just been upgrade to first class.
nubbins`: i like that phrase
b00lcrap: oh
nubbins`: it's much better when your shit floats
b00lcrap: sinking ship
b00lcrap: lol
nubbins`: no, the first one was better :D
mircea_popescu: b00lcrap lol what do you do, asm ?
b00lcrap: yeah
b00lcrap: asm
b00lcrap: windows malware
b00lcrap: some vuln dev
mircea_popescu: well, get in the wot, im sure you won't sink here.
BlueMeanie4: theres nothing wrong with securitization, it's just like debt based money- a school of morons believes it is evil by some undefined ethos
mircea_popescu: BlueMeanie4 the ethos is quite well defined.
mircea_popescu: ;;google the problem of too much money
gribble: Why Too Much Money is Worse than Too Little | OPEN Forum: <http://www.openforum.com/articles/why-too-much-money-is-worse-than-too-little-1/>; Why Too Much Money Is Bad for a Startup | Inc.com: <http://www.inc.com/magazine/201404/elain-pofeldt/too-much-startup-funding-causes-problems.html>; 'If I Think About My Money Problems Too Much, I'll Miss My Babies ...: (1 more message)
mircea_popescu: OMFG GOOGLE!
BlueMeanie4: every working currency we have is debt backed
mircea_popescu: BlueMeanie4 http://trilema.com/2012/the-problem-of-too-much-money/ << there you go.
assbot: The problem of too much money pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: no. bitcoin is not debt backed. every dysfunctional currency is debt backed.
b00lcrap: well that is reassuring. cuz i have many hungry mouths to feed
mircea_popescu: b00lcrap srsly ? how many is many ?
BlueMeanie4: i guess you get to be right until bitcoin fails?
mircea_popescu: BlueMeanie4 exactly.
b00lcrap: 3
b00lcrap: + me
b00lcrap: maybe thats not that many
mircea_popescu: b00lcrap 3 bits...
BlueMeanie4: debt is the basic thing that gives money substance
mircea_popescu: BlueMeanie4 this is like saying vishnu is the basic thing giving the world movement.
mircea_popescu: sure, if you're pre-colonialism indian.
BlueMeanie4: no it isn't - quite the opposite using gold or other commodities for money were a feature of primitive societies- you seem to have it backward
mircea_popescu: hey, what can i tell you.
mircea_popescu: don't confuse historical accident with meaning.
BlueMeanie4: it goes from
BlueMeanie4: barter
BlueMeanie4: to commodity notes
BlueMeanie4: to debt notes
mircea_popescu: that's how it goes in the book your learned on. this is called didacticism : the sad habit of people to recreate history in terms of their preferred systematic approach.
mircea_popescu: otherwise, debt notes are older than coins, have been in use in china since forever.
BlueMeanie4: this sophistry doesnt work on me. its pretty simple really. if i hold a note that says YOU OWE ME TWENTY EGGS
BlueMeanie4: this is worth something right?
mircea_popescu: depends who i am and what eggs are.
BlueMeanie4: its worth at least 20 eggs in the future
mircea_popescu: plenty of people hold... pirate debt
BlueMeanie4: or rather at most 20 eggs
mircea_popescu: which they bought because they think like you, in spite of me telling them not to.
ThickAsThieves: goxcoins
BlueMeanie4: right so the margin between the actual eggs and my risk of actually getting them is what is the value of the note
mircea_popescu: now, you're more welcome to get burned a few times if you won't listen and feel entitled to call things sophistry.
BlueMeanie4: and thats the value of currency
mircea_popescu: no.
BlueMeanie4: USDs are valuable because people, generally, think that the US govt will repay
nubbins`: fun story, was over at my folks' house this evening and my dad pulled out some old chartered bank notes
mircea_popescu: you are making a mistake jpm warned against. allow me to quote the old gentleman.
mircea_popescu: Untermyer: "Is not commercial credit based primarily upon money or property?"
mircea_popescu: Morgan: "No sir. The first thing is character."
mircea_popescu: Untermyer: "Before money or property?"
mircea_popescu: Morgan: "Before money or property or anything else. Money cannot buy it...because a man I do not trust could not get money from me on all the bonds in Christendom."
nubbins`: came across a Bank of Montreal $20 bill
BlueMeanie4: ThickAsTheives- actually those kind of collection notes have a market
mircea_popescu: so no, it's not a thing equal to another thing, and they discount each other.
mircea_popescu: who i am and what eggs are comes before any numerical consideration of value.
BlueMeanie4: a 20 egg note is not worth 20 eggs, yes, it's up to the debtor to MAKE them worth 20 eggs. see how this works?
mircea_popescu: i see how you think it works.
mircea_popescu: but it doth not work that way, mostly.
BlueMeanie4: well i dont really bear the burden of proof, these are facts of financial markets as they exist
mircea_popescu shrugs.
mircea_popescu: how much are us gold backed debentures, worth cca 1931 ?
mircea_popescu: "this paper will pay 1000 oz of pure gold"
BlueMeanie4: when did we issue those?
nubbins`: OH NO IT WON'T
mircea_popescu: yes well.
BlueMeanie4: we had silver certs for a while
BlueMeanie4: i have a few actually
mircea_popescu: so look : you can sit in a car, and derive from the experiene of sitting there some idea as to how the car works.
mircea_popescu: this is fine, but it's a little silly to push that argument of familiarity too far.
mircea_popescu: these "financial markets" aren't a single thing, and they only work as you describe them when they don't actually work.
BlueMeanie4: i find it unfortunate that so many are bogged down with these voodoo economic ideas when they should be building better machinery to deliver real functions
mircea_popescu: well, to round the circle : i find it unfortunate that so many otherwise intelligent fellows are so fixated on their various habituations that they refuse to adapt and become useful for the future.
BlueMeanie4: ok but i fail to see any operable ideas here
BlueMeanie4: just suggestions that our current system is flawed in some way
mircea_popescu: but one point is important : the world you know has failed. this will require a pound of flesh out of everyone involved. whether it comes in the form of the intellectual humiliation where you say "we were wrong and the actual voodoo people at the table" and move on, or the actual physical humiliation that goes with being on the defeated side...
mircea_popescu: BlueMeanie4 well you gotta read to see the operable ideas.
BlueMeanie4: the basic laws of math and economics have not failed nor have they been altered
mircea_popescu: they have not. just, you never used any math and you never had much to say about economics.
mircea_popescu: and by you i mostly don't mean you personally.
X-Rob: mircea_popescu: Power issues. Will be off for possibly a couple more hours. Will pro-rata a discount at current estimated
X-Rob: ;;genrate 1700000
gribble: The expected generation output, at 1700000.0 Mhps, given difficulty of 23844670038.8, is 0.0358545988072 BTC per day and 0.00149394161697 BTC per hour.
X-Rob: say 0.002/btc/hour
mircea_popescu: X-Rob what happened anyway ? power station blew up ?
hanbot enjoyed this "debate"; i call it "let's read the convo via the logs and guess what mp's answers will be, then hit refresh and score ourselves"
mircea_popescu: lol hanbot so what's your score ?
hanbot: epsilon :D
ThickAsThieves: i was gonna say "true"
BlueMeanie4: TAT- so before you say goxcoins
BlueMeanie4: people market those kind of collection notes all the time
BlueMeanie4: say you had a million dollars in outstanding collections
BlueMeanie4: and I was a collectoins auditor
BlueMeanie4: i buy them for 200k
mircea_popescu: :)
ThickAsThieves: in that case it is the flavor of the product
BlueMeanie4: and manage to collect 400k
BlueMeanie4: WIN
mircea_popescu: funny part being i said this exactly.
X-Rob: mircea_popescu: no, that 1700 is actually at my house
BlueMeanie4: you system as far as i udnerstand it does not allwo for the transfer of obligations
X-Rob: and I have a nice smokey looking circuit breaker
mircea_popescu: BlueMeanie4 that'd be because you got some ideas you're trying to fit to observed reality
mircea_popescu: try the other approach.
X-Rob: So I'm digging a trench to bypass it
mircea_popescu: X-Rob and enjoiny every inch of the process i bet :D
BlueMeanie4: no, im explaining real tangible facts of how finance markets work
mircea_popescu: same thing, really.
mircea_popescu: how financial markets used to work pre bitcoin is purely of academic interest
ThickAsThieves: one thing i know about finance markets, it's no one really gets to say how they work
BlueMeanie4: A Brave New World
mircea_popescu: kinda like we care about how the iroquis "state capitol" used to work.
BlueMeanie4: ?
BlueMeanie4: are we about to go into tour de force of rousseuian noble savage theory
mircea_popescu: go right ahead.
assbot: The Frogs - I'm Sad The Goat Just Died Today - YouTube
BlueMeanie4: what do the Iroquois have to do with this
mircea_popescu: gonna sign them ?
mircea_popescu: BlueMeanie4 pretend you're some exponent of the iroquis. everything you said works just as well.
mircea_popescu: "real tangible facts of how political systems work" indeed.
BlueMeanie4: ok?
mircea_popescu: nobody here gives a shit, and unless you change your mind you'll be force-marrying some english speaking brute.
mircea_popescu: this isn't like... o hey, bitcoin is trying to persuade the old order.
ThickAsThieves: bluemean4 representin Team Marketoids v. mircea_popescu with Team Perfect Economoids. Fight!
mircea_popescu: this is like, bitcoin will fuck it up the ass with a steel girder and everyone has a short and vanishing opportunity to change sides.
mircea_popescu: quickly and well. ie, convincingly.
BlueMeanie4: some of these bitcoin people are reminiscint of the french revolution. for a few weeks they thought they could completely redesign the whole universe. I believe they wanted to change the number of days in a week.
BlueMeanie4: this few weeks was written about with horror by most who lived through it
mircea_popescu: for sure. and that's nothing compared.
mircea_popescu: quite an apt comparison, actually.
assbot: [MPEX] [S.MPOE] 1866 @ 0.0006346 = 1.1842 BTC [-]
mircea_popescu: !up BlueMeanie4
mircea_popescu: the funny part being, of course, that they actually DID redesign the whole universe, and everything you imagine was always fixed and the case was purely and shamelessly invented then. then history rewritten to support this inane theory.
mircea_popescu: we happen to be here to reverse all of it and more, but it's irrelevant which way it goes really. obviously the cock going in hurts about as much as it hurts going out, so to speak.
BlueMeanie4: im assuming youre being facetious
mircea_popescu: in that assumption you'd be wrong.
BlueMeanie4: well for as long as you lack the features i describe, these contracts will have a very limited market
nubbins`: mp sick tunes
mircea_popescu: maximizing the market is not a valid goal of economics any more than maximizing body weight is not a valid goal of medicine.
mircea_popescu: you're maybe thinking industrial veterinarian.
mircea_popescu: different story.
mircea_popescu: the point is for the market to be meaningful not large.
BlueMeanie4: economics literally means 'efficiency'
mircea_popescu: in the sense laundromat literally means laundry robot.
nubbins`: home ec
BlueMeanie4: from Greek oikonomia "household management, thrift,"
mircea_popescu: the thrift is actually the historical point here. economy started its life as an attempt to waste less.
BlueMeanie4: well if i want to say take out a put or o call
BlueMeanie4: i want the best price
BlueMeanie4: and how will i get the best price
mircea_popescu: your focus on the price to the detriment of the more important considerations is, again, what sunk the system you grew up with.
assbot: Grandma's Sitting in the Corner With a Penis in Her Hand Going "No, No, No, No, No" - The Frogs - YouTube
mircea_popescu: that's how you ended up with "books" being the shittiest thing people will still take as a book, in a neat little package
mircea_popescu: and with otherwise-flavoured fanta sold as beer
BlueMeanie4: this seems to be a tactic you use to avoid addressing either your lack of information on a subject or you willingness to accept various facts
mircea_popescu: and so on,
mircea_popescu: it's not a pretty place to live in. even if you do have the ever present, ever oversold hope you will somehow "create immense value" and run off to live in argentina.
mircea_popescu: BlueMeanie4 what's "this" ?
BlueMeanie4: you cant just wave away ideas by saying 'thats old world'
mircea_popescu: course i can. i can do anything i want.
BlueMeanie4: well sure
nubbins`: "i want the best price" is why all the painted lines are worn off the road here two months after they gets sprayed on.
BlueMeanie4: but you look like a cult leader
BlueMeanie4: or at least aspiring to be one
mircea_popescu: BlueMeanie4 if i cared what i looked like i'd actually be a cult leader.
mircea_popescu: as it is, i'm content to merely look like one.
BlueMeanie4: ok.
nubbins`: "i want the best price" is why there are five wal-marts in my city of 100k people
mircea_popescu: auctoritas. it's a thing.
BlueMeanie4: nubbins you dont want the best price?
nubbins`: "i want the best price" is the reason why tim horton's is the number one coffee chain in canada
mircea_popescu: it ruled an empire, and it was the way to rule an empire, before the very successful french revolution reorganised your mental space for you.
nubbins`: BlueMeanie4: of course not.
BlueMeanie4: ha
nubbins`: i want the best /value/.
mircea_popescu: BlueMeanie4 he sells expensive artwork and shit. not a very good angle there.
BlueMeanie4: thats what the anti-walmartians argument boils down to. they lack the terms to describe what is bothering them, so instead they are stuck paying for overpriced stuff from 'local' people
nubbins`: "i want the best price" as you head to the dollar store to buy the fifth set of pliers
nubbins`: BlueMeanie4 the point flew about six feet above your head
mircea_popescu: o brother will you have fun here.
mircea_popescu: i just hope your nerves hold.
BlueMeanie4: ok so you dont want marketable financial contracts
BlueMeanie4: go tit
mircea_popescu: not at all.
ThickAsThieves: i want the "right" price
mircea_popescu: can you like, not make so many strawmen ?!
nubbins`: <+BlueMeanie4> thats what the anti-walmartians argument boils down to. they lack the terms to describe what is bothering them, so instead they are stuck paying for overpriced stuff from 'local' people <<< unadulterated gibberish, contains no information
mircea_popescu: it's fine for them to be marketable, provided they're financial contracts.
nubbins`: ThickAsThieves not bad
mircea_popescu: not the cheapo, dysfunctional ersatz the "financial markets" currently use.
mircea_popescu: every now and again a smarmy da walks into a smart judge's chambers with something about "a standard deal" and the judge tells him there's no such thing as "standard deals"
BlueMeanie4: i think there was a degrade in quality for some of these
mircea_popescu: that's an important point for the da to digest, in his personal evolution from smarmy to useful.
BlueMeanie4: i live in a area that was heavily financed by these MBA mortgages
mircea_popescu: no, there wasn't "a degrade of quality".
mircea_popescu: just, some shit splurged out of the package.
mircea_popescu: the package OF SHIT, mind you.
BlueMeanie4: its not securitization
BlueMeanie4: heres basically what happened
BlueMeanie4: they developed these things not very long ago, you might say 198-something maybe they began?
mircea_popescu: bonus points if you mention "gaussian copulas" being calculated in excel spreadsheets by monkeys.
BlueMeanie4: prior to that futures and options were only for commodiites
BlueMeanie4: so most didnt know what they were
BlueMeanie4: but what they did see where amazing gains
assbot: AMAZING COMPANY!
BlueMeanie4: and these gains were rationally derived mostly
BlueMeanie4: but then
BlueMeanie4: people got out of hand with it
BlueMeanie4: its like bitcoin
mircea_popescu: ;;echo gives assbot a cookie.
gribble: gives assbot a cookie.
ThickAsThieves: rationally derived gains
BlueMeanie4: it worked, then the altcoin fuckfaces came in and pissed in the pool
mircea_popescu: that's not really what happened, but anyway.
BlueMeanie4: sure it is
BlueMeanie4: take the MBAs
nubbins`: BlueMeanie4: i take raw materials, add value to them, sell them. great, now i've got $x. i can put $x in the hands of walmart and buy 1kg of coffee, or i can put $x in the hands of a business owned by someone who lives here and buy 0.75kg of coffee. sure, with the first option i've got 0.25kg extra coffee, but my city has $(x-y) fewer dollars, where y is an almost-negligible sum.
BlueMeanie4: prior to the invention of such, mortgages were very hard to get
nubbins`: how's this hard to understand? :/
mircea_popescu: what happened is that clinton decided niggers will become whites if they get free houses. they drew up legislation to implement this nonsense.
mircea_popescu: the banks noticed hey, free money!
ThickAsThieves: shouldnt morgages be hard to get?
mircea_popescu: two decades later, the whole thing's ruined, as it will never get out of an ever increasing black hole of moral hazard
BlueMeanie4: TAT: technically no
ThickAsThieves: depends on your reputation
BlueMeanie4: Mircea, thats not accurate
BlueMeanie4: youre taking the gonzo highly critical anti-view
mircea_popescu: well we all got our stories as to "what really happened". i was merely illustrating the vastness of that area.
BlueMeanie4: if i were a mortgage investors
BlueMeanie4: i might choose to look at any criteria i want
mircea_popescu: but regardless of what really happened : there's no way forward. it died, and that's that. bury it and move on, you ain't fixing the corpse.
BlueMeanie4: maybe i personally know that lets say romania is a great investment
nubbins`: sure, and hotels in paris give themselves star-ratings based on the size of the lobby
BlueMeanie4: thus I buy undervalued credit risk
BlueMeanie4: for romanian mortgages
mircea_popescu: how would you "personally know". is this stock picking on steroids ?
nubbins`: this is the day of the unsolicited pm
BlueMeanie4: maybe you know someething about it
BlueMeanie4: thats how investing works
mircea_popescu: BlueMeanie4 like what ? like say, omg! like say you stop thinking in terms of "romania" wqhich doesn't exist anyway, and you oinly use because you gotta use something,
mircea_popescu: and instead traverse the fucking wot according to some criteria that make sense to you and invest accordingly, IN PEOPLE ?
mircea_popescu: whoa!
BlueMeanie4: ok lets say you think chicago is a horrible investment
BlueMeanie4: and the property is overvalued
mircea_popescu: jus' wont let go huh.
BlueMeanie4: so you can short the underlying credit devices for the mortgages in chicago
mircea_popescu: wtf is "chicago" ?
nubbins`: i think it's some sort of bond
BlueMeanie4: and then the price to take out a mortgage for people in chicago goes up
nubbins`: wait, not bond, band
ThickAsThieves: <+nubbins`> this is the day of the unsolicited pm /// usagi is back. coincidence?
mircea_popescu: man. suppose you're the sort of klutz that thinks "chicago is cool". i then knowing you think this sell you a house in "chicago" fgor a price twhich reflects your expectation, but in a location that satisfies my cost structure.
mircea_popescu: and then we quibble about whether "it was really in chicago"
nubbins`: ThickAsThieves actually now that you mention it, he was pm'ing me asking for voice earlier when i was afk
mircea_popescu: well no, it wasn't, because "chicago" as such dun exist.
nubbins`: no true chicagoan
nubbins`: !up TheInterocitor
BlueMeanie4: no idea what youre talking about but the idea here is to give people more control and choice over where there money goes
TheInterocitor: ty
mircea_popescu: nubbins` i think he pm'd everyone after being devoiced after being all territorial for some god-forsaken reason.
mircea_popescu: so who're you TheInterocitor ?
nubbins`: terri... why?
BlueMeanie4: if they want to juice up credit markets in chicago, they can
mircea_popescu: BlueMeanie4 if they can they must.
BlueMeanie4: currently the way the markets work are very elitist,
ThickAsThieves: usagi is just mad that his tongue is poisoned with nonsense
BlueMeanie4: there are no choices really
TheInterocitor: mircea_popescu: formerly RooK we met a few weeks back
mircea_popescu: aha.
TheInterocitor: I read logs here religiously
mircea_popescu: BlueMeanie4 yes, there are. really.
BlueMeanie4: can you buy your friends mortgage?
mircea_popescu: sure.
BlueMeanie4: really?
BlueMeanie4: show me how
mircea_popescu: what's to keep me ?
mircea_popescu: i sign a gpg contract with him. case closed.
BlueMeanie4: oh you can make a private deal
BlueMeanie4: but capital requirements are large
mircea_popescu: all deals are private deals.
BlueMeanie4: you need to have entire principal in hand
nubbins`: what other type of de... ah, too slow
TheInterocitor: As they should be
mircea_popescu: lol
mircea_popescu: BlueMeanie4 why should poor people have something to say about property and the dispositon thereof ?
BlueMeanie4: actually what im advocating benefits poor people
nubbins`: surely you're not suggesting that one should have enough money to purchase the thing one is purchasing
mircea_popescu: let them say things about their business, making hamburgers or filling tyres or w/e it is.
TheInterocitor: Usually poor people that have no idea how to manage money ?
BlueMeanie4: you dont seem to recognize the power in these sorts of liquid markets
mircea_popescu: you're right. i recognize there's no power there, just noise.
BlueMeanie4: the first and primary benefit is much more capital available
mircea_popescu: bad capital.
BlueMeanie4: how is capital 'bad'?
ThickAsThieves: a man can live on junk food
ThickAsThieves: just not the same life
mircea_popescu: lemme tell you how. i build a number of businesses in btc that relied on not dealing with idiots. they're still here, and worth whatever hundred million.
mircea_popescu: everyone else tried to build businesses out of allowing idiots in. they all failed
mircea_popescu: ThickAsThieves had first hand experience, among many others.
mircea_popescu: so... that way, bad capital. the money of idiots is not useful.
ThickAsThieves: good point, it was very much a junk food experience too
nubbins`: it's useful once you sever the connection between the idiot and the money
TheInterocitor: I trust ThickAsThieves, and Havelock ftw
nubbins`: if the idiot still has hooks in it, though..
mircea_popescu: nubbins` yeah but that's called scamming.
nubbins` nods sagely
nubbins`: TheInterocitor you trust havelock?
nubbins`: why?
ThickAsThieves: age
nubbins`: ah.
TheInterocitor: Well havelock hasnt goxxed on me yet
ThickAsThieves: it's an SEO factor
mircea_popescu: i was thinking. "not scammed me yet"
nubbins`: TheInterocitor: sure they have.
nubbins`: let's see: their website was an insecure piece of shit with massive security holes that literally allowed third parties to drain accounts -- UNTIL LAST SUMMER
mircea_popescu: but his didn't get drained.
nubbins`: they let funds delist whenever they please, converting "shares" into "we'll send you a slip of paper"
TheInterocitor: true
mircea_popescu: but it never happened to something he owned.
TheInterocitor: I was unaware of this
ThickAsThieves: the relist things the opertaors owners delist
ThickAsThieves: they*
TheInterocitor: not like I have a substantial amount there
nubbins`: they sign up the shittest funds in the universe and chew up all the listing fees to unspecified "expenses", ensuring the investorubes don't get any of it
nubbins`: etc etc
ThickAsThieves: basically you can fault havelock's quality, and there is where you can remove trust
assbot: [MPEX] [S.MPOE] 1450 @ 0.00063525 = 0.9211 BTC [+]
mircea_popescu: so im playing this tablet game. it has a slots implementation, giving some in game benefits. i turned 2k chips into 85150, and it will never end.
mircea_popescu: fucktards don't understand rngs. took me all of 30 seconds to figure it out, too.
mircea_popescu is pretty proud of himself atm.
ThickAsThieves: does it pay for realz?
mircea_popescu: ThickAsThieves well game coinz.
ThickAsThieves: word
TheInterocitor: so I need to sell all my RENT shares I guess lol
mircea_popescu: ;;google dragon vs god
gribble: Fairy Tail AMV - Dragon VS God Slayer - YouTube: <http://www.youtube.com/watch?v=6sFhSFAXemY>; [Fairy Tail AMV] Natsu vs Zancrow - Dragon vs God- Phenomenon ...: <http://www.youtube.com/watch?v=wDbOsunEVPU>; Fire Dragon vs. Flame God Ost - Extended - YouTube: <http://www.youtube.com/watch?v=vboTBWdgTR8>
nubbins`: coming soon: S.THISTABLETGAME
mircea_popescu: there, if anyone wants to try and find the hole.
ThickAsThieves: and that was how the MPEx Tablet Game Guild Began
mircea_popescu: nubbins` i do shoot emails to the more promising publishers.
ThickAsThieves: damn you nub!
ThickAsThieves: you beta me
mircea_popescu: kinda the point of the entire exercise.
nubbins`: actually i alpha you
ThickAsThieves: same thing
nubbins`: wait, no.
nubbins`: i beta you.
nubbins`: yeah, i guess.
mircea_popescu: just go find a gramma you two.
ThickAsThieves: are there channels where people speak in code?
TheInterocitor: btw mircea_popescu I used one of your blog posts as a STFU in an argument the other day
ThickAsThieves: like Morse
mircea_popescu: ThickAsThieves yes. this one.
mircea_popescu: TheInterocitor did it work ?
TheInterocitor: http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies
assbot: The woes of Altcoin, or why there is no such thing as “cryptocurrencies” pe Trilema - Un blog de Mircea Popescu.
TheInterocitor: I think so
mircea_popescu: from what i hear from people trying such things, it rarely works in the sense of comprehension, but almost always works in the sense of making the op stfu.
TheInterocitor: It did, and I thank you tremendously
mircea_popescu: no bother.
TheInterocitor: There can be only one
mircea_popescu: in bitcoin ? you're kidding. there's been what, 6 or 7 jesuses ? at least 5 or so satoshis...
mircea_popescu: once you fix the coins to 21mn tops, everything else can exist in immoderate, endless supply
TheInterocitor: A fool and his money I suppose. Any money I make in alts just goes to btc. I have little interest in survival of them.
ThickAsThieves: what's the point in being ANTI-altcoins anyway
ThickAsThieves: i can see if you dont value them
mircea_popescu: ThickAsThieves ever seen a cat when something moves irregularly ?
ThickAsThieves: you saying humans have instinct?!
mircea_popescu: course they do. how do you think all the drunk conceptions happen.
TheInterocitor: xD
ThickAsThieves: my wife says everything is learned
ThickAsThieves: i say it's all the same shit
ThickAsThieves: whether i learned or my ancestor did, who cares
mircea_popescu: speaking oif such instinct. i dunno if you've ever had dogs, but they're beyond funny when virgin. because while the dog's instinct absolutely drives him to try and mount the bitch, the dog's brain itself doesn't comprehend wtf is happening
mircea_popescu: and so they usually look all confused.
nubbins`: "why am i fucking a pillow?"
TheInterocitor: Great analogy
ThickAsThieves: what would you define the instinct is of hating altcoins? fear of randomness?
mircea_popescu: ThickAsThieves exactly like the cat's reaction to "unapprovable movement"
TheInterocitor: No. They have nothing to offer that btc doesn't already do
ThickAsThieves: so you hate monopoly money too?
asciilifeform slept through b00lcrap's intro
TheInterocitor: moot
asciilifeform: yes he's in w0t
asciilifeform: give him w0rk
mircea_popescu: the cat is driven by an attempt to reduce the cognitive load. things that move impredictably draw its attention and require it to spend brainpower. better if they stop moving.
mircea_popescu: same exact thing here. monopoly money is not the same because it's not "in their space"
mircea_popescu: ;;gettrust b00lcrap
gribble: Currently authenticated from hostmask b00lcrap!~heat@74-47-204-77.dsl1.chtw.wv.frontiernet.net. Trust relationship from user mircea_popescu to user b00lcrap: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=b00lcrap | WoT data: http://b-otc.com/vrd?nick=b00lcrap | Rated since: Thu Aug 21 15:29:25 2014
mircea_popescu: ;;rate b00lcrap 1 CD 21
gribble: Rating entry successful. Your rating of 1 for user b00lcrap has been recorded.
ThickAsThieves: ok but the cat is a predator, isnt its instinct to chase?
mircea_popescu: it's not a chasing predator. it lies in wait normally.
ThickAsThieves: my cats love chasing shit
TheInterocitor: Perception
mircea_popescu: maybe your cats are really doghorses.
ThickAsThieves: we keep the laser pointer in a drawer,
ThickAsThieves: they know the sound of it opening
ThickAsThieves: and come running
mircea_popescu: lmao
ThickAsThieves: i do this whistle pattern whenever i give them treats, if i do it long enough they get all riled up and start smacking others that get too close
ThickAsThieves: cats are so weird
mircea_popescu: ThickAsThieves i wonder if old married couples get that same way, guy hears the condom drawer screech and gets an errection.
asciilifeform: pagin herr pavlov.
ThickAsThieves: old married couple dont use comdoms
ThickAsThieves: :P
mircea_popescu: shit.
mircea_popescu: well maybe they're old married couples of sluts.
mircea_popescu: nah that doesn't work either
ThickAsThieves: lol
mircea_popescu: GOD DAMNIT
asciilifeform: mircea_popescu: old married sluts << 'подводная лодка в степях украины погибла в неравном воздушном бою.'
mircea_popescu: lol
mircea_popescu: sounds tweetable.
asciilifeform: eminently.
mircea_popescu: подводная лодка в степях #украины погибла в неравном воздушном бою.
asciilifeform: or, for the inglischers, 'if ya don't believe this lie is true, ask the blind man, he saw it too'
mircea_popescu: no, for the inglischers is, "this is how normal debates work and everyone on reddit agrees."
nubbins`: cats are more stalking predators
nubbins`: chasing is for fun
mircea_popescu: nubbins` in some places the crag cat is a real danger to human life
mircea_popescu: can drop on your head break your neck
nubbins`: !up TheInterocitor
TheInterocitor: reddit blows
nubbins`: formal logic course in uni with an ancient chinese prof: "all cats have four legs. /some/ cats dig my music."
nubbins`: poor guy couldn't even finish his statement over the laughter ;(
asciilifeform: ... socrates is mortal.
nubbins`: dem syllogisms
mircea_popescu: silly logismoids, amirite
mircea_popescu: acrually that's a kickass album name.
mircea_popescu: tom cleese and tom jones could do it.
asciilifeform: 'silo'o'jizm'
mircea_popescu: asciilifeform that's more like country.
asciilifeform: lol
nubbins`: a man who eats meat wants to get his teeth into something; a man who does not eat meat wants to get his teeth into something else
ThickAsThieves: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 503.35, Best ask: 503.97, Bid-ask spread: 0.62000, Last trade: 504.09, 24 hour volume: 8548.90926155, 24 hour low: 487.0, 24 hour high: 510.86, 24 hour vwap: 500.029882506
asciilifeform: what's a crag cat? google spews forth prehistoric monsters
mircea_popescu: this will be forever known as the war of the 500s,
ThickAsThieves: it will be lost
mircea_popescu: or by the other side as "that desperate, harrowing last ditch effort"
ThickAsThieves: 400 is coming
asciilifeform: volkssturm.
mircea_popescu: asciilifeform cougars and cougarish types of housecats
asciilifeform: aha
ThickAsThieves: then 600
ThickAsThieves: :)
mircea_popescu: ThickAsThieves is there a bitbet ?
ThickAsThieves: i dunno, i got enough riding
asciilifeform: if i recall, zoologists write that cougar behaves precisely how an enlarged housecat would
mircea_popescu: well it's pretty well related.
asciilifeform: so anyone who dreams of being eaten by housecat, come to usa.
mircea_popescu: lions and such are panthera, different type
nubbins`: or canada!
nubbins`: altho we call em something else
asciilifeform: and, afaik, all known experiments at cross-breeding felis have succeeded
asciilifeform: so house-cougar may exist.
assbot: This Guy's Eaten Nothing but Raw Meat for Five Years | VICE Canada
ThickAsThieves: there's def something going on in the chinese markets
ThickAsThieves: a repating pattern
ThickAsThieves: they recently intoduced futures and margin and stuff i think
ThickAsThieves: maybe taking noobs for a ride
ThickAsThieves: i dunno
ThickAsThieves: some US and Euro traders are moving to chinese exchanges too, but to me something stinks
mircea_popescu: <nubbins`> http://www.vice.com/en_ca/read/this-guy-has-eaten-nothing-but-raw-meat-for-five-years << he;s probably from around here.
assbot: This Guy's Eaten Nothing but Raw Meat for Five Years | VICE Canada
mircea_popescu: i tell you... the veal they got these people...
nubbins`: heh
nubbins`: did you get to the part where he eats rotting chunks of lamb yet?
mircea_popescu: http://nakamotoinstitute.org/static/img/mempool/the-problem-with-altcoins/cargo-cult.jpg << pretty great pic
nubbins`: turns out jesus was a pilot who flew into a time warp
nubbins`: man, vice is like reality tv. not great but you end up getting stuck
assbot: I Spent an Afternoon with Montreal Squeegee Punks | VICE Canada
nubbins`: I asked Dirty Mark where he got the name from: “I dunno, probably because I’ve fucked a lot of bitches without condoms and I may shit my pants from time to time.”
hanbot: mircea_popescu that looks just about right. not too often a bizarre facet of human behavior looks exactly as one'd imagined.
hanbot wonders if cargo cult was well explained to her or if she's merely getting more bizarre herself.
assbot: [MPEX] [S.MPOE] 11700 @ 0.00063525 = 7.4324 BTC [+] {2}
asciilifeform: re: cat & laser: experiment. turn on a laser pointer in a dark room; look at the edges of the spot. take picture of same with camera. notice difference.
asciilifeform: some of what you see 'fuzz' around the edges is actually diffraction patterns that form in your own eye.
asciilifeform: conceivably, cat (with a rather differently structured eye) sees rather different ones.
ThickAsThieves: i have one laser with changeable cutouts
ThickAsThieves: butterfly shape, etc
asciilifeform: also diffraction gratings. but the diffraction above happens in your own eye.
nubbins`: i wondered