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Transcript for 06-12-2014, 573 lines:

00:18:30 assbot: [MPEX] [S.MPOE] 28410 @ 0.00042944 = 12.2004 BTC [+] {2}

00:33:20 asciilifeform: http://aklepov.com/index.php?page=elektronika-mk-85c-en (spammer's mirror, original long dead, archive dot org lacks photos)

00:33:21 assbot: Elektronika MK-85C | Клепов Анатолий Викторович ... ( http://bit.ly/1ynJjwD )

00:33:51 asciilifeform: astoundingly shoddy en transl.

00:44:21 asciilifeform: http://www.foia.cia.gov/sites/default/files/document_conversions/89801/DOC_0000500644.pdf << usg gloats (internally) at great length and detail re: soviet computer industry. circa 1989.

00:44:24 assbot: ... ( http://bit.ly/1ynKLz5 )

00:49:52 asciilifeform: http://oboguev.net/misc/vms-great-hole.html

00:49:55 assbot: VAX/VMS Great Security Hole ... ( http://bit.ly/1ynLpfW )

00:50:22 asciilifeform: 'The hole let unprivileged user-mode program to switch into kernel mode. But more spectacularly, the hole was tightly coupled into unique architectural design of VMS, and in its sly and teasing way...'

00:50:38 asciilifeform: (in modern parlance - a 'local root')

01:13:11 ben_vulpes: mats_cd03: not enough yaml

01:22:33 assbot: [MPEX] [S.MPOE] 21100 @ 0.00042443 = 8.9555 BTC [-] {2}

01:45:56 assbot: [MPEX] [S.MPOE] 25650 @ 0.00042808 = 10.9803 BTC [+]

02:07:17 assbot: [MPEX] [S.MPOE] 20960 @ 0.00042954 = 9.0032 BTC [+] {2}

02:11:37 decimation: asciilifeform: have you come across this turd: http://www.wired.com/2014/11/darkhotel-malware/

02:11:39 assbot: DarkHotel: A Sophisticated New Hacking Attack Targets High-Profile Hotel Guests | WIRED ... ( http://bit.ly/1u1NnjD )

02:19:29 assbot: [MPEX] [S.MPOE] 41840 @ 0.00043457 = 18.1824 BTC [+]

02:25:09 mircea_popescu: <mats_cd03> i can hear them from here and they're at least a mile away << so they're demonstrating good lungs eh.

02:25:15 mircea_popescu: cazalla who's this sergio fellow again ?

02:30:16 mats_cd03: ben_vulpes: what do you need that for?

02:30:21 asciilifeform: hotels, evil access point, winblows trojans << snore

02:30:36 *: asciilifeform back to bed if that's all there is

02:32:43 asciilifeform: 'The key logger the attackers used also has Korean characters inside and appears to have ties to a coder in South Korea.' << lol, let's believe every byte of ascii text in the turd, aha

02:33:12 cazalla: mircea_popescu, i dunno, he's in BA, perhaps you can do an interview with the foundation's latest hire

02:33:27 asciilifeform: '?You have to be very skilled in kernel-level development and this is already quite a rare skillset,? says Vitaly Kamluk, principal security researcher at Kaspersky Lab.' << idiots

02:33:44 asciilifeform: 'There?s no logical reason to use a kernel-level keylogger says Raiu since it?s so easy to write key loggers that hook the Windows API using about four lines of code. ?But these guys prefer to do a kernel-level keylogger, which is about 300 kilobytes in size?the driver for the key logger?which is pretty crazy and very unusual.' << imbeciles

02:33:48 asciilifeform: SOP.

02:35:12 asciilifeform: 'When victims attempt to connect to the WiFi network, they get a pop-up alert telling them their Adobe Flash player needs an update and offering them a file, digitally signed to make it look authentic, to download. If the victims accept they download, they get a Trojan delivered instead.' << run more winblows, 'high-profile executives,..., government agencies and NGOs and U.S. executives.'

02:35:17 asciilifeform: biodiesel.

02:36:23 undata: Here, inject this syringe.

02:36:29 asciilifeform: aha.

02:36:32 asciilifeform: 'certified!'

02:36:40 undata: the guy looked like a doctor to me!

02:37:43 asciilifeform: 'NSA-Level Infection Mechanism,' 'rare skillset,' my arse.

02:37:50 undata: !up warptangent

02:38:30 decimation: asciilifeform: it seems to me that the advantages of a real-mode keylog are obvious

02:38:38 mircea_popescu: asciilifeform well, there's also 30something kinda fat prostitutes.

02:39:01 asciilifeform: how are these used ?

02:39:34 decimation: asciilifeform: but apparently they broke a 512-bit rsa cert!

02:39:36 asciilifeform: (the prostitutes, that is. 'real mode' per traditional terminology is what msdos runs in, not sure how this applies here)

02:39:39 mircea_popescu: whatever way you feel like i guess.

02:39:46 asciilifeform: 512 bit << i can do that here, lol

02:39:51 decimation: heh I know

02:39:53 mircea_popescu: asciilifeform a no, this was re your "going to bed" line

02:39:59 asciilifeform: ahaha

02:40:02 decimation: leet h4x0rs everywhere

02:40:53 asciilifeform: 'yesterday's nobel is tomorrow's homework' was yesterday's proverb. today's is 'yesterday's homework is today's l33t 0day'

02:41:09 decimation: heh

02:42:15 mircea_popescu: cazalla intel sez he's the guy with the 2013 reports about "discoveries". https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

02:42:16 assbot: The Well Deserved Fortune of Satoshi Nakamoto, Bitcoin creator, Visionary and Genius | Bitslog ... ( http://bit.ly/1s3CcHf )

02:42:27 asciilifeform: lol that one !

02:42:58 mircea_popescu: !up jborkl

02:43:23 jborkl: Thank you mircea

02:44:00 jborkl: Wow, the MasterCard video was a disaster

02:44:19 mircea_popescu: anyway, since we're doing that sorta thing, i guess i never linked http://fraudsters.com/2014/bitcoin-in-argentina-exactly-nothing-to-do-with-the-derps/

02:44:20 assbot: Bitcoin in Argentina : exactly nothing to do with the derps pe fraudsters - Un blog de Mircea Popescu. ... ( http://bit.ly/1rXLR7Q )

02:44:48 undata: "One of the consequences of these graph is that if the real name of the sender of a single transaction belonging to the entity is identified, then Satoshi mystery identity will be revealed. I bet that this will happen in the days following this post." < hilarious

02:45:04 undata: now that I've made these graphs, clearly the hard work is done

02:46:17 mircea_popescu: kinda typical derpage. but anyway, fake foundation gotta work itself aground somehow.

02:48:10 asciilifeform: work itself aground somehow << thus far there is an inexhaustible supply of... whatever it is

02:48:33 mircea_popescu: snot ?

02:48:38 asciilifeform: snot also.

02:48:42 assbot: Last 3 lines bashed and pending review. ( http://dpaste.com/1YXMQBR.txt )

02:48:42 mircea_popescu: !b 3

02:49:34 jborkl: Nice article mp

02:50:18 decimation: lol of the day https://www.joyent.com/blog/the-power-of-a-pronoun << One of the node.js core contributors, Ben Noordhuis, rejected a pull request that eliminated the use of a gendered pronoun in libuv.

02:50:19 assbot: The Power of a Pronoun - Blog - Joyent ... ( http://bit.ly/1s3DAK7 )

02:50:32 mircea_popescu: win.

02:50:34 decimation: http://blog.nodejs.org/2013/12/03/bnoordhuis-departure/ << "As of this past weekend, Ben Noordhuis has decided to step away from Node.js and libuv, and is no longer acting as a core committer."

02:50:37 assbot: Ben Noordhuis's Departure ... ( http://bit.ly/1s3DHVX )

02:50:43 mircea_popescu: lose.

02:50:54 decimation: apparently they kicked the guy off the project because of his refusal to commit a pronoun patch

02:51:07 mircea_popescu: decimation you understand what's at stake there right ?

02:51:17 decimation: now this guy forked node.js

02:51:24 mircea_popescu: guys like hearn, gmaxwell etc , as well as guys like poettering etc, as well as guys like that derpy chick whatever her name is

02:51:31 mircea_popescu: are "core contributors" because people count patches

02:51:35 mircea_popescu: but nobody looks at WHAT THEY WERE.

02:51:40 mircea_popescu: astroturfing to the max.

02:51:54 mircea_popescu: so the guy prevented a politruk from getting his "contributions" count up.

02:52:17 jborkl: Well one of the core contributors for bitcoin flipped hamburgers not too long ago

02:52:19 decimation: right, but the guy wasn't an employee of joyent

02:52:20 mircea_popescu: which is a major problem, because the us nomenklatura is fighting real hard to get "scientific" credetnials.

02:52:42 asciilifeform: nobody looks at WHAT THEY WERE << nobody but a hatecriminal aha.

02:52:43 decimation: anyway, it's kinda like the retard version of the openbsd fork

02:52:49 mircea_popescu: AS IF the von flondor process won't see through that

02:53:12 mircea_popescu: (more likely, so when they get hanged by their own guts, the remainder, ever less numerous crowd of them can falsely claim that we're attaching "science"

02:53:18 mircea_popescu: instead of what it is - scum.)

02:54:03 jborkl: Mp, did you ever join the bitcoin foundation?

02:54:04 asciilifeform: intelligent, conscious tumours, ever in search of ways to embed deeper into healthy tissue (what little remains)

02:54:11 decimation: during the french revolution, plenty of scum pseudo-scientists ganged together to hang actual people

02:54:23 mircea_popescu: no.

02:54:30 jborkl: Lol, joke

02:54:56 mircea_popescu: asciilifeform they're just minimaxing.

02:55:04 assbot: [MPEX] [S.MPOE] 59861 @ 0.00043812 = 26.2263 BTC [+] {2}

02:56:05 assbot: [MPEX] [S.MPOE] 14900 @ 0.00044214 = 6.5879 BTC [+]

02:56:20 decimation: "Joyent raised venture capital for the first time in November 2009[42] from Intel and Dell.[43] Joyent's early institutional investors include El Dorado Ventures, Epic Ventures, Peter Thiel (Seed Round),[44] Intel Capital (Series A, B Rounds),[45] Greycroft Partners (Series A, B Rounds),[46] Liberty Global (Series B Round). In January, 2012, Joyent secured a new round of funding totalling $85 million from Weather Investment II,

02:56:21 decimation: Accelero Capital, and Telefónica Digital.[47] In October 2014, Joyent raised an additional $15 million in Series D funding from existing investors. [48]"

02:56:32 decimation: for the record

02:59:56 asciilifeform: '...empathy is a core engineering value?and that an engineer that has so little empathy as to not understand why the use of gendered pronouns is a concern almost certainly makes poor technical decisions as well.' << aryan physics is best physics!

03:00:43 decimation: asciilifeform: whoever the 'jews' are today, they better consider their parachutes now

03:02:26 mircea_popescu: dude empathy is exactly anti-engineering. it is emphatically NOT an engineering value

03:02:32 mircea_popescu: who the shit writes this idiocy. i want a name.

03:02:57 decimation: joyent's pr

03:03:08 cazalla: mircea_popescu, imagine if someone really was sent to do an interview lol

03:03:09 mircea_popescu: im gonna get the fucking records

03:03:13 mircea_popescu: that chick's fried.

03:03:25 mircea_popescu: cazalla meh, allow me to quote.

03:03:25 decimation: "Bryan Cantrill"

03:03:47 mircea_popescu: https://www.youtube.com/watch?v=T2Az-CFtXtA

03:03:48 assbot: Don't Take Your Guns to Town - Johnny Cash & Willie Nelson - YouTube ... ( http://bit.ly/1s3FV7Q )

03:03:53 mircea_popescu: he's some kid. nothing to nobody.

03:04:05 decimation: https://www.joyent.com/company/management

03:04:08 assbot: Management Team - Company - Joyent ... ( http://bit.ly/1s3G3Ea )

03:04:27 mircea_popescu: decimation nah, hewas like the cto

03:05:22 decimation: well, he put his name on top. master an man, etc

03:06:06 mircea_popescu: this is true.

03:06:17 mircea_popescu: ;;rate bryan cantrill to hang.

03:06:18 gribble: Error: 'cantrill' is not a valid integer.

03:06:23 mircea_popescu: no, it wouldn't be.

03:07:16 assbot: [MPEX] [S.MPOE] 25600 @ 0.00043457 = 11.125 BTC [-]

03:09:28 mircea_popescu: "@KristianOellegaard this isn't an issue of breaking or following the rules, it's an issue of doing the right thing and common sense. This situation is about people, not code."

03:09:31 mircea_popescu: dude splendid.

03:09:40 mircea_popescu: hanging "progressives" is not a matter of law.

03:09:48 mircea_popescu: it is a matter of doing the right thing. it's about people, not code.

03:09:50 mircea_popescu: fire away.

03:09:56 undata: counts as a fetish too in my book.

03:10:32 mircea_popescu: how can you NOT like the real isis ? the fake isis (usus ?) is just as stupid, only much derpier.

03:12:07 undata: they're trying to pass this new "street tax" in Portland

03:12:27 decimation: at least isis is up front about their religion, instead of being all meta about it

03:12:28 undata: might as well nuke the whole state from orbit when better masters own it

03:12:41 undata: oh and check out the opposition! http://www.oregonlive.com/opinion/index.ssf/2014/11/portland_street_tax_pers_givea.html

03:12:43 assbot: Portland street tax: PERS exemption (Letters to the Editor) | OregonLive.com ... ( http://bit.ly/1s3HHG5 )

03:12:50 mircea_popescu: decimation but it's the same thing to a dot. "fuck the law, we do what we please". well...

03:12:58 mircea_popescu: at least rape and pillage if oyu're going that way.

03:13:17 undata: were isis dropped in the middle of portland they'd own it in a day

03:13:21 undata: it's a pussy-off here

03:13:34 undata: who can cry for which special interest the most convincingly

03:14:29 cazalla: undata, only way to be sure eh?

03:14:38 decimation: our age is awash in antinomianism

03:14:39 undata: and serves as an example

03:15:00 mircea_popescu: "In a text message, Novick continued that he believes $200 a month means less to people earning $500,000 a year than $12 per month for $50,000 earners."

03:15:05 mircea_popescu: this magical math you got going there.

03:15:09 mircea_popescu: is it at least ungendered ?

03:15:28 mircea_popescu: by now money is compared in the meta-terms of its "meaning" ?

03:15:36 mircea_popescu: can you buy money-meaning for your dollars ?

03:16:00 mircea_popescu: i want to trade this millionaire benjies for busker benjies please.

03:16:19 undata: you didn't build that money meaning.

03:16:23 undata: we all did

03:16:43 undata: mircea_popescu: ungendered << made me think of some sort of feminist reparations tax

03:16:45 mircea_popescu: ok, but i wanna buy it.

03:16:53 undata: surely they'll pass that in a few years

03:17:03 mircea_popescu: there's no point in holding on to plain dollars if on top of inflation of fact you'll also get inflaiton of meaning.

03:17:07 decimation: as long as he and his friends have a strong lock on the bezzlars funneled into sv, he is more than willing to throw his 'own tribe' under the bus in order to appear magnanimous

03:17:19 mircea_popescu: what sort of bond interest rate would cover my meaning inflation over here ? 25% ? 45% ?

03:20:55 *: undata emits a parse error

03:21:12 decimation: meanwhile back in unreality world the dollar just beat all the other fiat at the market today

03:21:43 decimation: apparently 'because' usg released data that indicated that some wages kinda went up, and some people might have been hired

03:22:21 mircea_popescu: lol im sure.

03:22:32 decimation: ;;ticker

03:22:34 gribble: Bitstamp BTCUSD ticker | Best bid: 374.48, Best ask: 375.82, Bid-ask spread: 1.34000, Last trade: 375.84, 24 hour volume: 8384.72282528, 24 hour low: 365.72, 24 hour high: 377.89, 24 hour vwap: 372.683629618

03:22:55 mircea_popescu: it's funny how they're not even tryong here.

03:23:08 mircea_popescu: so defeated, so used to defeat...

03:23:20 mircea_popescu: stuck pretedning id un exist etc.

03:23:32 assbot: [MPEX] [S.MPOE] 30950 @ 0.00043538 = 13.475 BTC [+]

03:32:00 undata: http://www.oregonlive.com/commuting/index.ssf/2014/12/defiant_uber_rideshare_launche.html

03:32:01 assbot: Defiant Uber rideshare launches in Portland, with City Hall promising to 'throw the book' at drivers | OregonLive.com ... ( http://bit.ly/1s3Lao0 )

03:32:05 undata: sudden urge to go drive for uber just for the hell of it

03:46:42 mthreat: mircea_popescu: if starbucks coffee is any measure of inflation, it's been 60% from 1 year ago. My coffee went from 30 pesos to 48 since 1 year ago.

03:46:57 mthreat: (in argentina)

04:00:08 assbot: [MPEX] [S.MPOE] 17759 @ 0.00043443 = 7.715 BTC [-] {2}

04:13:21 assbot: [MPEX] [S.MPOE] 44200 @ 0.00043569 = 19.2575 BTC [+] {3}

04:16:24 assbot: [MPEX] [S.MPOE] 79225 @ 0.00043998 = 34.8574 BTC [+] {3}

04:21:31 assbot: [MPEX] [S.MPOE] 3900 @ 0.00044425 = 1.7326 BTC [+]

04:35:27 *: asciilifeform finds it interesting that he has never before heard of joyent corp., nor knowingly used anything in their lineup

04:35:41 decimation: asciilifeform: they are the 'spiritual heirs' of solaris

04:35:51 asciilifeform: how?!

04:35:54 decimation: most of the sunos people left oracle's lawnmower and went there

04:36:16 decimation: they are trying to be a 'cloud company' with a unique os - SmartOS

04:36:32 decimation: SmartOS is basically solaris

04:36:41 decimation: SmartOS is a SVR4 open-source hypervisor, based on the UNIX operating system which combines OpenSolaris technology with Linux's KVM virtualization.

04:36:48 asciilifeform: solaris was a perfectly-legit unix

04:36:56 asciilifeform: what did it have to do with these abortions

04:37:10 decimation: well, it was swallowed by oracle

04:37:22 decimation: the guts popped out, found vc funding

04:38:10 decimation: although like BSD, "solaris" is more of a spiritual matter now than a matter of a particular codebase

04:40:50 asciilifeform: 'On August 16, 2012, individuals who had provided start-up and development funding to Joyent (and its predecessor, TextDrive) in exchange for lifetime shared hosting accounts with Joyent were informed, via email, that their lifetime hosting accounts would be deleted on October 31, 2012' << lol! (pediwikia)

04:41:32 decimation: well, SJW's gotta sjw

04:41:44 mats_cd03: enjoy minimum wage earning undata

04:42:41 gernika: The post on bitcoin in Argentina reminds me of Bitcoin in berlin. There was supposed to be some thriving bitcoin scene in Kreuzberg. In fact when I went to visit there was a single crappy cafe with a cheap Bitcoin sign hanging in the window.

04:43:21 undata: it turns out all these citizen journalists are full of shit

04:43:32 gernika: The post on bitcoin in Argentina reminds me of Bitcoin in berlin. There was supposed to be some thriving bitcoin scene in Kreuzberg. In fact when I went to visit there was a single crappy cafe with a cheap Bitcoin sign hanging in the window.

04:43:51 gernika: Sorry about that

04:43:59 gernika: new IRC client, forgot to page down

04:44:56 asciilifeform: 'In January, 2012, Joyent secured a new round of funding totalling $85 million from Weather Investment II, Accelero Capital, and Telef?nica Digital. In October 2014, Joyent raised an additional $15 million in Series D funding from existing investors.' << and immediately after, 'fuck you' to the 'crowdfunders.'

04:45:15 asciilifeform: not because they were broke, but because... they could ?

04:45:21 decimation: hehe yep. the names have been entered in the journal

04:45:27 asciilifeform: rite of passage?

04:45:50 undata: asciilifeform: statements are implicitly understood to be mostly bullshit in modern English

04:45:52 decimation: asciilifeform: doesn't it feel like a cargo cult around an os that was handed down by betters?

04:46:01 undata: hence "unlimited" data plan = 2 gigs

04:46:04 undata: and the gigs aren't even real gigs

04:46:37 asciilifeform: no surprise that the scam was a scam; surprising is the fact that it wound down precisely when it did

04:47:35 undata: plenty of lawyer money at that point

04:47:55 assbot: [HAVELOCK] [AMHASH1] 2339 @ 0.00124542 = 2.913 BTC [+] {3}

04:48:10 asciilifeform: honouring the 'lifetime warranty' for all the chumps put together - would this even add up to the cost of one lawyer-week ?

04:50:25 decimation: asciilifeform: https://gigaom.com/2013/11/26/whats-up-with-joyent/ << apparently the are only marginally a business

04:50:29 assbot: What’s up with Joyent? — Tech News and Analysis ... ( http://bit.ly/1A2EFpO )

04:50:31 decimation: kinda like sun

04:51:58 decimation: and apparently they view the legacy of solaris as a great foundation to host ... server-side javascript

04:52:33 *: asciilifeform can't shake the feeling, reading this crud, that it was all an elaborate joke, and the punchline is to be read out soon

04:53:15 decimation: asciilifeform perhaps you could follow the fate of solaris as a re-invented platform for oracledb

04:53:31 asciilifeform: thing is, the degradation of computer industry was inevitable.

04:53:37 asciilifeform: read, for perhaps the first time, why:

04:54:14 asciilifeform: once the machines were no longer put to work solving actual problems, and just about the whole planet switched to 'solving' nonproblems,

04:54:22 asciilifeform: inevitably the mimics take over

04:54:31 asciilifeform: because mimicry is cheaper in all cases than the real thing.

04:55:22 decimation: that's an interesting view

04:55:46 decimation: 'actual problems' being things that are critical to eat, not be blown up, etc?

04:56:06 asciilifeform: reading for the first time about 'joyent', i couldn't help but wonder - what are these 'technologies' actually for? if they were erased from the good earth overnight, would i notice ?

04:56:33 decimation: somehow I guess there is a market for selling vms to folks

04:56:37 asciilifeform: where were they in 1970 and who was the poorer for it ?

04:59:03 asciilifeform: mircea_popescu had something written re: imbeciles thinking of 'meta' elevation as a kind of philosopher's stone

04:59:42 asciilifeform: i.e., that if we somehow do 'cloud' correctly, no one actually has to think about cpu and disk, these can live in some 'meta' heavens

05:01:41 asciilifeform: these folks will eventually build arse-mouth systems and try to eat their own shit.

05:01:51 asciilifeform: it is the logical conclusion of their thought process.

05:02:39 asciilifeform: 'We laugh at that fable about the village of simpletons who, when their bed blankets became too short for their growing kids, extended these blankets by cutting off a piece from one end and sewing it to the other. Or the more modern tale of a drunkard who could afford to drink every day because he always took his empty bottles back for a deposit. And yet many otherwise intelligent people believe, apparently not stopping even f

05:02:39 asciilifeform: or one minute to think whether what they say makes any sense, that Henry Ford, the American entrepreneur whose worldview wouldn't probably stand much scrutiny from the modern perspective, gained his place in the canon of progressive feelgood policies for paying his workers the back then unheard-of high daily salary of $5, which made them wealthy enough to buy Ford automobiles, which in turn made the Ford company profitable.' (

05:02:40 asciilifeform: ilkka kokkarinen)

05:04:55 decimation: the empty bottles in this case being the legacy of unix, in its million forms

05:05:52 decimation: really, it's all just an extension of the lowly spammers desire to make money while he sleeps

05:09:28 gernika: Man. I used to subscribe to this forum called the Micropreneuer academy. I see now that this was exactly their propsal: spam to make money while you sleep.

05:11:15 asciilifeform: a spammer is ridiculous not because he wishes to make money while sleeping, but because he is willing to work an 18 hour day to do it.

05:11:51 gernika: Exactly. I slept very little while I was trying to follow their recipe.

05:12:50 gernika: These people were constantly working

05:13:02 gernika: And at the same time calling it passive income.

05:13:25 gernika: Whatever scheme they came up with inevitably ran out of steam after at most a few years.

05:15:05 gernika: There was a constant search for some unexploited google search phrase

05:15:43 asciilifeform: briefly back to the earlier thread: no one should be surprised if a thing like 'joyent' turns into a vehicle for some imbecile's masturbatory 'justice' fantasies

05:15:55 asciilifeform: it was never anything else to begin with

05:16:01 asciilifeform: nor the pseudo-industry it was part of

05:18:04 asciilifeform: http://anticache.img0.joyreactor.com/pics/post/oglaf-comics-magic-illusionist-1131130.jpeg

05:18:06 assbot: ... ( http://bit.ly/1A2HJlR )

05:18:09 asciilifeform: (original site down)

05:29:36 assbot: [MPEX] [S.MPOE] 10508 @ 0.00044425 = 4.6682 BTC [+]

05:29:50 undata: decimation | really, it's all just an extension of the lowly spammers desire to make money while he sleeps << cheap credit spawned a generation of these

05:30:28 undata: shit-garglers like https://en.wikipedia.org/wiki/Robert_Kiyosaki

05:30:30 assbot: Robert Kiyosaki - Wikipedia, the free encyclopedia ... ( http://bit.ly/1z5Yuyd )

05:31:11 undata: several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on

05:37:19 mircea_popescu: gernika this wouldn't be something called Room77 ?

05:38:27 mircea_popescu: mthreat not so sure what starbucks measures.

05:39:32 gernika: mircea_popescu I have not heard of Room77 - google tells me it's some sort of hotel site.

05:39:41 mircea_popescu: <asciilifeform> honouring the 'lifetime warranty' for all the chumps put together - would this even add up to the cost of one lawyer-week ? << it makes no sense to me either.

05:40:03 mircea_popescu: gernika also in k

05:40:58 mircea_popescu: asciilifeform> reading for the first time about 'joyent', i couldn't help but wonder - what are these 'technologies' actually for? if they were erased from the good earth overnight, would i notice ? <<< if node.js were erased you would notice.

05:41:10 mircea_popescu: just like if fat women were erased from the world you'd notice.

05:41:16 mircea_popescu: better internet, better world.

05:42:06 undata: at least it's chum for bad developers

05:42:10 undata: you know where they're at

05:42:59 mircea_popescu: <asciilifeform> ilkka kokkarinen) << there is some merit to the ford story, but specifically, that he majorily cut down on staff turnover by "overpaying". except all the other idiots were not accounting for training costs (in the form of, not building anything too complex)

05:43:09 mircea_popescu: so it gave him an unassailable advantage for just long enough.

05:43:48 mircea_popescu: undata sure, except for the obnoxious "prevailin business practices" bit.

05:43:54 gernika: mircea_popescu actually yes, that looks familiar

05:44:55 mircea_popescu: prev heard good things of it which is why i asked.

05:45:05 mircea_popescu: i suppose it's not time-invariant.

05:45:36 gernika: I had a burrito there. It was not a great burrito. The interior was quite drab.

05:45:54 mircea_popescu: german burrito ? that's a thought.

05:46:29 mircea_popescu: (speaking of which, the doner in germany surpasses the doner in turkey i hear)

05:48:35 gernika: I agree - a german burrito seemed unappealing just as a concept, let alone as something concrete made out of that run down kitchen, but apparently at the time I thought that was my best option.

05:50:00 gernika: Hmm doner looks good, never had it before.

05:50:41 mircea_popescu: o.O

05:50:55 mircea_popescu: i thought it's the world's most popular fast food dish

05:51:06 mircea_popescu: (in the civilised sense of that term, not the usian sense of it0

05:51:15 gernika: The world doesn't work like that here.

05:56:02 assbot: [MPEX] [S.MPOE] 56600 @ 0.00044531 = 25.2045 BTC [+] {3}

05:57:03 assbot: [MPEX] [S.MPOE] 18979 @ 0.00044593 = 8.4633 BTC [+]

05:57:58 mircea_popescu: and with that i wish you a merry christmas!

06:19:25 assbot: [MPEX] [S.MPOE] 70300 @ 0.00044664 = 31.3988 BTC [+] {3}

06:58:03 assbot: [MPEX] [S.MPOE] 43500 @ 0.00044835 = 19.5032 BTC [+] {2}

07:10:15 assbot: [MPEX] [S.MPOE] 81350 @ 0.00045067 = 36.662 BTC [+] {2}

07:13:18 assbot: [MPEX] [S.MPOE] 51905 @ 0.00045208 = 23.4652 BTC [+] {2}

07:19:24 assbot: [MPEX] [S.MPOE] 34550 @ 0.0004513 = 15.5924 BTC [-]

07:37:42 assbot: [MPEX] [S.MPOE] 31649 @ 0.00044879 = 14.2038 BTC [-] {2}

08:29:33 assbot: [MPEX] [S.MPOE] 38900 @ 0.00045822 = 17.8248 BTC [+] {2}

08:32:47 cazalla: back to ddosing websites by the looks of it

08:33:23 undata: cazalla: yep

08:33:31 undata: over here too

08:33:35 punkman: yeah

08:35:15 punkman: fraudsters down too

08:36:36 undata: damn kids

08:39:43 assbot: [MPEX] [S.MPOE] 61708 @ 0.00046595 = 28.7528 BTC [+] {3}

08:42:32 undata: needs moar 402: Payment Required

09:24:28 assbot: [MPEX] [S.MPOE] 11800 @ 0.00048821 = 5.7609 BTC [+]

09:27:30 assbot: [MPEX] [S.MPOE] 22137 @ 0.00047442 = 10.5022 BTC [-]

10:11:13 assbot: [MPEX] [S.MPOE] 9852 @ 0.00045128 = 4.446 BTC [-]

10:22:24 assbot: [MPEX] [S.MPOE] 8707 @ 0.00048931 = 4.2604 BTC [+]

10:40:42 assbot: [MPEX] [S.MPOE] 44462 @ 0.00047201 = 20.9865 BTC [-] {2}

10:43:45 assbot: [MPEX] [S.MPOE] 3938 @ 0.00049046 = 1.9314 BTC [+]

10:51:39 jurov: http://www.amazon.co.uk/dp/B0047E0EII/ref=azfs_379213722_HutzlerBananaSlicer_1

10:51:41 assbot: Hutzler Banana Slicer Cutter Great for Cereal/Sandwitches/Splits/Hot Dogs NEW: Amazon.co.uk: Kitchen & Home ... ( http://bit.ly/1w9m6mr )

10:53:22 jurov: lots of simlar paraphernalia linked

10:56:58 assbot: [MPEX] [S.MPOE] 17464 @ 0.00047769 = 8.3424 BTC [-]

11:02:44 cazalla: another guy has team viewer installed on same machine as wallet and loses 40 btc lol https://www.reddit.com/r/Bitcoin/comments/2og50r/im_devastated_got_hacked_and_lost_405_btcs_please/

11:02:47 assbot: I'm devastated, got hacked and lost 40.5 BTCs. Please, help me find who did it : Bitcoin ... ( http://bit.ly/1u3aoCw )

11:04:05 assbot: [MPEX] [S.MPOE] 12800 @ 0.00050379 = 6.4485 BTC [+]

11:49:50 assbot: [MPEX] [S.MPOE] 38200 @ 0.00050379 = 19.2448 BTC [+]

12:09:09 assbot: [MPEX] [S.MPOE] 45086 @ 0.00049962 = 22.5259 BTC [-]

12:22:22 assbot: [MPEX] [S.MPOE] 19814 @ 0.00046752 = 9.2634 BTC [-]

13:14:14 assbot: [MPEX] [S.MPOE] 21900 @ 0.00050679 = 11.0987 BTC [+] {2}

13:37:36 assbot: [MPEX] [S.MPOE] 49539 @ 0.00049914 = 24.7269 BTC [-] {2}

13:47:43 mats_cd03: ;;ticker

13:47:44 gribble: Bitstamp BTCUSD ticker | Best bid: 374.46, Best ask: 375.62, Bid-ask spread: 1.16000, Last trade: 375.62, 24 hour volume: 5384.28194357, 24 hour low: 370.25, 24 hour high: 377.89, 24 hour vwap: 374.00473742

14:00:59 assbot: [MPEX] [S.MPOE] 54121 @ 0.00050077 = 27.1022 BTC [+] {2}

14:04:02 assbot: [MPEX] [S.MPOE] 5000 @ 0.00051224 = 2.5612 BTC [+]

14:28:16 mats_cd03: it rises

14:37:35 assbot: [MPEX] [S.MPOE] 22872 @ 0.00051134 = 11.6954 BTC [-] {2}

14:45:43 assbot: [MPEX] [S.MPOE] 27301 @ 0.00050831 = 13.8774 BTC [-]

15:08:05 assbot: [MPEX] [S.MPOE] 65598 @ 0.00045971 = 30.1561 BTC [-]

15:17:14 assbot: [MPEX] [S.MPOE] 5702 @ 0.00045569 = 2.5983 BTC [-]

15:25:47 adlai: it wiggles https://i.imgur.com/U4itS4a.gif

15:25:50 assbot: ... ( http://bit.ly/1yq4TWd )

15:27:06 mats_cd03: im not talking about the chart

15:28:25 assbot: [MPEX] [S.MPOE] 45850 @ 0.00049246 = 22.5793 BTC [+] {2}

15:34:31 assbot: [MPEX] [S.MPOE] 10350 @ 0.00045849 = 4.7454 BTC [-]

16:26:45 gernika: cazalla BingoBoingo: https://www.stellar.org/blog/safety_liveness_and_fault_tolerance_consensus_choice/

16:26:46 assbot: Safety, liveness and fault tolerance—the consensus choices | Stellar ... ( http://bit.ly/1G2ZyFf )

16:27:43 gernika: Stellar forked

16:28:25 gernika: and has "temporarily" recentralized

16:30:12 Namworld: uh... Facebook ads system numbers are dodgy... I got a 35% click through rate. What kind of ads get a 35% click through rate? 1 click for 3 impressions.

16:30:54 punkman: there are countless ad clicking bots on Facebook, doing "competitive intelligence"

16:35:03 mircea_popescu: cazalla: back to ddosing websites by the looks of it << did it only last 5 minutes or do i liek magically not see it again

16:35:46 kakobrekla: 1h55m

16:35:54 mircea_popescu: heh/

16:36:11 mircea_popescu: duude s.mpoe 50 almost ?

16:36:29 mircea_popescu: bwahaha. MEAT TONIGHT!

16:36:41 kakobrekla: :)

16:36:57 mircea_popescu: gernika: and has "temporarily" recentralized << lawl, for "everyone's proteciton" ?

16:37:27 mircea_popescu: Namworld: uh... Facebook ads system numbers are dodgy <<< welcome to the club ? fb is a scam. this has been said here i dunno how many times, but by pretty much everyone ever involved.

16:38:29 mircea_popescu: http://log.bitcoin-assets.com/?date=07-02-2014#488163

16:38:29 assbot: Logged on 07-02-2014 20:43:36; ThickAsThieves: facebook ads are the worst performance of like all options, other than for some very specific uses

16:38:51 mircea_popescu: etc

16:39:13 mircea_popescu: and when he says very specific uses, what he means is stuff like

16:39:57 mircea_popescu: ;;google how i trolled my imbecile roommate by custom tailoring the ads facebook showed him (nevermind what either having roommates or hanging out with imbeciles says about me).

16:39:58 gribble: No matches found.

16:40:01 mircea_popescu: orly.

16:40:35 mircea_popescu: http://www.adweek.com/news/technology/roommate-makes-his-friend-paranoid-creepy-facebook-ads-160320

16:40:36 assbot: Roommate Buys Facebook Ads to Creep Out His Friend and Practice Targeted Marketing | Adweek ... ( http://bit.ly/1G318ab )

16:40:53 mircea_popescu: shockingly, this is in adweek, a wanna-be trade rag.

16:43:39 assbot: [MPEX] [FT] [X.EUR] 712 @ 0.00328156 = 2.3365 BTC [-] {4}

16:43:39 assbot: [HAVELOCK] [AMHASH1] 1061 @ 0.00124 = 1.3156 BTC [-]

16:50:46 assbot: [HAVELOCK] [AMHASH1] 849 @ 0.00123999 = 1.0528 BTC [-] {2}

16:57:12 Namworld: Oh yeah, that thing. It's so funny

16:57:36 mircea_popescu: lol yea

16:59:55 punkman: Namworld: if enough volume, you gotta look at your logs and ask them to refund some of the scamclicks

17:00:39 mircea_popescu: generally the business experience on the topic being that paying for someone to do the tech part and for someone to do the business part comes to 1-35% more than the value of the refunded clicks.

17:01:28 Namworld: Funny enough, it's targeted at both men and women that talk/liked pages related to Bitcoin.

17:02:23 Namworld: The demographic isn't as random as I'd usually see, it's 66% males between 18-35

17:02:44 mircea_popescu: <undata> several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on << in their defense, all generations since the industrial revolution chiefly believed that this is what success looks like : you do a few things and that's that.

17:03:12 mircea_popescu: notably, athletes at the turn of the century (their dream briefly came through in the 60s, now it seems fucked again), and military men althrough the 1800s.

17:03:41 mircea_popescu: Namworld speaking of nonrandom demos : https://www.quantcast.com/qntra.net

17:03:42 assbot: Qntra.net Traffic and Demographic Statistics by Quantcast ... ( http://bit.ly/1G33Fky )

17:03:53 mircea_popescu: female index .13, black index 0.3

17:04:02 mircea_popescu: because brothers before bitchez, yo!

17:04:45 mircea_popescu: Namworld how much did you pay btw ?

17:07:56 Namworld: Eh, $50 for the heck of it and there was actually sales, but I didn't put a tracking link so hard to say. I have to change that immediately.

17:08:32 Namworld: Will have to derp some more around and complain for free credits.

17:09:04 assbot: [MPEX] [S.MPOE] 9500 @ 0.00051189 = 4.863 BTC [+]

17:10:15 gernika: mircea_popescu: "When given the choice between temporary centralization and guaranteeing the security of the protocol and therefore user funds, the choice is obvious. Once the new consensus algorithm is complete, it will be safe to run with more than one node again." https://news.ycombinator.com/item?id=8709514

17:10:16 assbot: Joyce from Stellar here. Yes, that is correct. When given the choice between tem... | Hacker News ... ( http://bit.ly/1G34g5Z )

17:12:14 mircea_popescu: gernika lulzy. i wonder if we see the same nonsense emerge in btc.

17:12:44 mircea_popescu: of course, they manage to not even correctly state the choice.

17:13:45 mircea_popescu: obviously if given the incorrectly statement "choice is obvious". a whole new mode of rational failure the us invented, "begging "the obvious" choice", similar to "begging the question"

17:14:27 Namworld: It might be that facebook ad bots don't tend to have Bitcoin in their interest... at least yet. Hence why demographic looks accurate.

17:14:43 mircea_popescu: but the actual choice is between "destroying the long term viability of the coin through introducing precedent - certain to be followed - of converting it overnight into a centrally owned resource" and "destroying the long term viability of the coin through introducing precedent of arbitrarily lost funds"

17:15:02 mircea_popescu: neither of these being either obvious or desirable, and their conjunction being why the coin in question - stellar or whatever - is dead.

17:15:14 mircea_popescu: Namworld how did you select that demo exactly ?

17:15:31 asciilifeform: first comment in above link has it: 'How'd you centralize your decentralized system? It sounds like something that shouldn't be possible unless it's actually centralized to begin with.'

17:16:02 punkman: I don't think Stellar was ever decentralized. They just had more than one server.

17:16:05 mircea_popescu: asciilifeform nm that!

17:16:45 gernika: punkman: polycentralized. Now it's just monodecentralized.

17:17:42 asciilifeform: recall the 'software does not wear out' article.

17:18:25 asciilifeform: if you can do the 'centralize' trick, it was always defective.

17:19:48 punkman: asciilifeform: you could run your own private bitcoin, or private Tor network, or whatever

17:20:18 asciilifeform: (not because there had to be a mechanical defense against it. no mechanical pill against 'buy all the coins and throw into the sea.' but attempting this gambit, given a properly-designed coin, should cost above $maxint.)

17:20:39 Namworld: Just by selecting people that have "Bitcoin" in their interests.

17:20:51 mircea_popescu: o by hand ?

17:21:07 asciilifeform: punkman: anyone using such a thing deserves what he gets

17:21:29 Namworld: No, just by adding the term Bitcoin to targeting. So basically people that liked pages and so on or occasionally mention the term "Bitcoin", I believe.

17:22:14 Namworld: So unless there's other Bitcoin advertisers running bots, unlikely to target bot accounts. But stats still points to dodgy stuff. So I guess the majority is still bots.

17:22:19 mircea_popescu: Namworld can you be bothered to run a similar thing for me ? it's been half a year since i last tried them, moar lulz can't hurt.

17:22:29 Namworld: I guess there's already people there.

17:22:32 mircea_popescu: that's what god invented 0.1 anyway

17:23:04 Namworld: Eh, Facebook is either shit at filtering bots or just plain out scammers.

17:23:14 Namworld: I guess I could run something for you

17:23:20 mircea_popescu: pm

17:23:27 gernika: I was able to collect email addresses via a signup page running an FB campaign at one time. Don't recall the conversion percentage at the moment but at that time at least there were real people clicking.

17:24:10 mircea_popescu: im gonna run http://fraudsters.com/2014/bitcoin-in-argentina-exactly-nothing-to-do-with-the-derps/ will publish teh results.

17:24:11 assbot: Bitcoin in Argentina : exactly nothing to do with the derps pe fraudsters - Un blog de Mircea Popescu. ... ( http://bit.ly/1z8pRYk )

17:35:30 assbot: [MPEX] [S.MPOE] 21350 @ 0.00051439 = 10.9822 BTC [+] {2}

17:36:31 assbot: [HAVELOCK] [AMHASH1] 1362 @ 0.00123575 = 1.6831 BTC [-] {5}

17:36:32 assbot: [MPEX] [S.MPOE] 25100 @ 0.00052396 = 13.1514 BTC [+]

17:41:36 assbot: [MPEX] [S.MPOE] 9950 @ 0.00051189 = 5.0933 BTC [-]

17:42:22 fluffypony: clever advertising: https://youtube.com/watch?v=SRmgQH0TbJ4

17:42:23 assbot: More drama at Mt. Gox - YouTube ... ( http://bit.ly/1z8ufH1 )

17:48:31 Namworld: Drama -> repackage into advertising -> ???derping??? -> profit

18:06:00 assbot: [MPEX] [S.MPOE] 46400 @ 0.00052423 = 24.3243 BTC [+] {2}

18:06:20 ben_vulpes: <mats_cd03> ben_vulpes: what do you need that for? << 's a joke

18:09:03 assbot: [MPEX] [S.MPOE] 11867 @ 0.00052591 = 6.241 BTC [+]

18:10:31 ben_vulpes: "To me, that insistence can only come from one place: that gender—specifically, masculinity—is inextricably linked to software" << or perhaps that that pronouns are gendered in better languages than engris but whatever

18:10:43 ben_vulpes: THERE CAN ONLY BE ONE INTERPRETATION

18:10:46 ben_vulpes: HEAR ME ROAR

18:11:19 ben_vulpes: paas wars are the db wars of 2015

18:15:32 ben_vulpes: undata: "street tax" << my parents have called portland a "benevolent communist state" for as long as i've lived here. it's only recently started to pass its inflection points letting the impoverished demand more and more.

18:15:48 ben_vulpes: once upon a time it was the schools, and there were bonds, and the people paid, and nothing changed.

18:16:24 ben_vulpes: now it's inanities like the street tax to pave the ghetto.

18:16:59 ben_vulpes: ;;calc 200/50000

18:16:59 gribble: 0.004

18:17:06 ben_vulpes: ;;calc 12/50000

18:17:06 gribble: 0.00024

18:25:07 adlai: tl;dr: ripple/stellar are a centralized exchange which publishes its customer database, and uses a hawala fork for fiat processing

18:27:21 assbot: [MPEX] [S.MPOE] 65906 @ 0.00052685 = 34.7226 BTC [+] {2}

18:28:33 ben_vulpes: adlai: hawala fork << lol

18:29:29 adlai: call a spade a spade!

18:31:11 punkman: http://thedoomthatcametopuppet.tumblr.com/?

18:31:12 assbot: The Doom that Came to Puppet ... ( http://bit.ly/1tYwdUP )

18:44:59 Namworld: My darn cat just opens cupboard and so on and claws bag open to eat pastas and so on... I'll need big plastic container to store pasta and so on in accessible locations, and keep the rest in places he can't get in.

18:48:43 assbot: [MPEX] [S.MPOE] 59050 @ 0.00052313 = 30.8908 BTC [-]

18:57:51 assbot: [MPEX] [S.MPOE] 9828 @ 0.0005307 = 5.2157 BTC [+]

19:12:05 assbot: [MPEX] [S.MPOE] 40400 @ 0.0005229 = 21.1252 BTC [-] {2}

19:15:08 assbot: [MPEX] [S.MPOE] 15800 @ 0.0005307 = 8.3851 BTC [+]

19:24:17 assbot: [MPEX] [S.MPOE] 32700 @ 0.00053111 = 17.3673 BTC [+] {2}

19:31:43 ben_vulpes: http://thedailyshow.cc.com/videos/la1hcf/inglourious-ambassaders

19:31:44 assbot: Inglourious Ambassaders - The Daily Show - Video Clip | Comedy Central ... ( http://bit.ly/1tYO3qF )

19:46:39 assbot: [MPEX] [S.MPOE] 50527 @ 0.00053564 = 27.0643 BTC [+] {4}

19:52:56 mircea_popescu: <ben_vulpes> THERE CAN ONLY BE ONE INTERPRETATION << actually, the deeper reason is that masculinity is inextricably linked to the species,

19:53:05 mircea_popescu: in the sense that humanity is either masculine or not worth the mention

19:53:18 ben_vulpes: but babes smell so nice

19:53:23 mircea_popescu: the various defeated and meanwhile extinct tribes from the amazon valley to the pacific rim being the exact proof of this concept.

19:54:38 mircea_popescu: <ben_vulpes> now it's inanities like the street tax to pave the ghetto. << srsly, paving the ghetto, for as long as it uses forced labour of the inhabitants and very rudimentary tools, and it's done in the middle of the summer, is a splendid idea.

19:55:03 mircea_popescu: lol pasta cat.

19:55:19 mircea_popescu: ben_vulpes well of course they smell nice!

19:58:08 ben_vulpes: nice (smelling) people for governance only forever everywhere

19:59:44 mircea_popescu: you know babes are a vanishingly small sliver of "women"

20:00:06 mircea_popescu: this is like saying "honda civics forever everywhere" because "bmws are kinda cool"

20:02:27 mircea_popescu: adlai the only somewhat amusing / incredible if you're new thing about that entire stellar debacle is that... people still pretend like ripple's a thing.

20:03:02 mircea_popescu: "oh, setting our house on fire doesn't work ? I KNOW! let's set the house on fire WITH GASOLINE!"

20:04:11 mircea_popescu: punkman basically it meshes half sentences from the two huh.

20:47:39 assbot: [MPEX] [S.MPOE] 21500 @ 0.00053414 = 11.484 BTC [-] {2}

20:52:10 mircea_popescu: kakobrekla http://fraudsters.com/2014/the-weird-of-web-metrics/

20:52:10 assbot: The weird of web "metrics" pe fraudsters - Un blog de Mircea Popescu. ... ( http://bit.ly/1z9cXJN )

20:52:16 mircea_popescu: you were right kako-sensei

21:13:10 scoopbot: New post on fraudsters by Mircea Popescu: http://fraudsters.com/2014/the-weird-of-web-metrics/

21:14:01 mircea_popescu: o wow it's back ?!

21:14:10 mircea_popescu: http://www.icshi.net/sevagram/stories/keeper.php << since lots of van vogt fans.

21:14:11 assbot: To Be His Keeper by A.E. van Vogt | Sevagram ... ( http://bit.ly/1z9idwO )

21:14:58 jurov: http://www.reddit.com/r/Buttcoin/comments/2oga48/buttcoin_is_sooo_big_in_argentina/ buttcoin likes it

21:15:00 assbot: Buttcoin is sooo BIG in Argentina : Buttcoin ... ( http://bit.ly/1z9iwYA )

21:15:33 mircea_popescu: lol i bet.

21:26:29 mircea_popescu: cazalla https://twitter.com/rogerkver/status/541145062411755521 since you were asking lol.

21:26:31 assbot: $296M in Bitcoin spending on Black Friday and Cyber Monday made it the 9th largest payment network in the world! http://t.co/jlTVDinyZf

21:30:21 assbot: [MPEX] [S.MPOE] 37242 @ 0.000517 = 19.2541 BTC [-] {2}

21:33:46 mircea_popescu: "He studied at Harvard until the First World War broke out in 1914. At that point, aged 23, he returned to Canada and joined the Canadian army in Halifax and was assigned to the Cyclist Corps of the Second Division, Canadian Expeditionary Force."

21:33:56 mircea_popescu: im not even sure what's funnier, wikipedia or canada.

21:37:04 cazalla: mircea_popescu, that is about as misleading a statement anyone could make lol

21:37:19 mircea_popescu: well, what else's roger ver for ?

21:38:10 cazalla: <gernika> cazalla BingoBoingo: https://www.stellar.org/blog/safety_liveness_and_fault_tolerance_consensus_choice/ <<< altcoin, meh!

21:38:12 assbot: Safety, liveness and fault tolerance—the consensus choices | Stellar ... ( http://bit.ly/1z9nNzp )

21:38:40 cazalla: btw, in that i lost btc with teamviewer thread, leo treasure confirmed he too had it installed when he lost 750btc

21:39:28 mircea_popescu: he had said so at the time iirc.

21:42:34 cazalla: ah, i don't recall that but no matter

21:42:38 decimation: undata: re: Kiyosaki << yeah I had a friend who tried to get me to go to 'rich dad poor dad' stuff. sounded like a scam, is a scam, etc.

21:43:32 mircea_popescu: wait, there's more to that than just a derpy book from a decade ago ?

21:43:34 assbot: [MPEX] [S.MPOE] 16400 @ 0.00050626 = 8.3027 BTC [-]

21:48:43 decimation: yeah, he went on tour with classes or something

21:49:06 decimation: the set of people "selling" how to get rich in the us is large

21:49:57 decimation: lol http://www.cbsnews.com/news/rich-dad-poor-dads-bankrupt-company/

21:49:59 assbot: Rich Dad, Poor Dad's bankrupt company - CBS News ... ( http://bit.ly/1vYSLIg )

21:50:41 assbot: [MPEX] [S.MPOE] 77491 @ 0.00049429 = 38.303 BTC [-] {2}

21:51:50 mircea_popescu: lmao

21:52:10 mircea_popescu: apparently everything anyone's doing there anymore is some sort of attempt to create a miniworld or other.

21:52:17 mircea_popescu: nation of cultists.

21:53:15 decimation: well, their forefathers all 'escaped' from europe or elsewhere

21:53:17 decimation: it's in the genes

21:53:30 mircea_popescu: what was that thing in jamestown

21:53:38 mircea_popescu: where they shot a tv producer and some senator ?

21:54:29 mircea_popescu: " That relationship generated sales of $438 million, of which Rich Global got nearly $45 million in royalties"

21:54:41 decimation: eh? you mean jonestown? http://en.wikipedia.org/wiki/Jonestown

21:54:43 assbot: Jonestown - Wikipedia, the free encyclopedia ... ( http://bit.ly/1z9rtRG )

21:54:44 mircea_popescu: wow check it out, that bad ? this is like the publishing business.

21:54:57 mircea_popescu: decimation that's the onem right!

21:55:51 decimation: it was the cult where they all drank the poison kool-aid

21:56:04 decimation: I'm sure they got their money's worth though

21:58:42 mircea_popescu: you are ?

22:00:55 decimation: eh? I have nothing to do with these idiots

22:01:42 decimation: every spammer in the us works hard every day to attemp to bypass the bayes filter in my head

22:02:02 decimation: the other day I got a card in a hand-written envelope that was from a local car dealer

22:02:09 decimation: on my birthday

22:05:49 mircea_popescu: decimation no i mean, how are you sure they got their money's worth ?

22:06:02 mircea_popescu: all i ever heard about that thing was that it was a dreary shithole in the mud

22:06:43 decimation: well, I guess they were looking for some answers. The answer they got was: you joined a death-cult

22:11:32 decimation: mircea_popescu: did you see that the 'ultimates' for the sony movies were released as part of the sony hack? http://www.hollywoodreporter.com/news/sony-hack-reveals-top-secret-754491

22:11:33 assbot: Sony Hack Reveals Top-Secret Profitability of 2013 Movies - The Hollywood Reporter ... ( http://bit.ly/1z9voOs )

22:11:47 decimation: "“Currently, approximately $1B in production spending can be expected to deliver $500M-$600M in profits,” the letter says. “Through his continued focus on financial discipline, Doug hopes to improve that ratio to a point where $800-$900M in production spending delivers $500-$600M in profits.”"

22:13:50 decimation: not such a bad business actually

22:16:39 ben_vulpes: tax man has brought to my attention the tax benefits in this country of leasing equipment to your own companies.

22:17:39 decimation: ben_vulpes: like you lease your own property to the company?

22:18:26 ben_vulpes: well, corp a buys a machine and leases it to corp b at a "fair value".

22:18:39 decimation: is this to avoid the business propery tax?

22:18:48 ben_vulpes: hang on let me dig up the language

22:19:32 mircea_popescu: decimation wasn't exactly a secret, that.

22:20:17 mircea_popescu: ben_vulpes yes, it's why/how ibm was originally reorganised.

22:20:27 mircea_popescu: general motors did the same thing and mostly survived

22:20:30 mircea_popescu: hence ge finance

22:21:42 ben_vulpes: the way i understand it is that company a owns the assets, b leases them which reduces its apparent income. lease payments come into a and are not categorized as passive investment income.

22:22:47 mircea_popescu: quite.

22:23:04 *: ben_vulpes is learning all sorts of things about taxes lately.

22:23:04 decimation: this is why it is annoying that usg taxes 'income'

22:23:41 decimation: I think usg should go back to just raising money from trade tariffs

22:26:18 mircea_popescu: trade tariffs are singularly the most stupid taxation font in existence.

22:26:21 mircea_popescu: inflation is actually better.

22:26:53 decimation: isn't an income tax a tariff on labor trade?

22:27:23 mircea_popescu: if you define labour as per income, then it is by definition.

22:28:13 mircea_popescu: the problem with tariffs is that they economically insulate their jurisdiction, and sooner or later you get left out.

22:28:32 mircea_popescu: in practical economic terms, the unfound amazon tribes are just keeping high import tariffs up.

22:29:26 decimation: yeah there's a good point there

22:30:10 decimation: so you are big on 'voluntary taxes'. what if someone was living in a 'voluntary tax' jurisdiction but did not pay? Do they have the same legal privleges as one who does?

22:30:48 decimation: my inclination is to say

22:30:52 decimation: 'obviously not'

22:31:04 decimation: but perhaps there is reason for someone to include the little people in the courts

22:41:42 mircea_popescu: decimation hyow the fuck are you going to achieve the respect of your peers if you're a loser lol.

22:41:58 mircea_popescu: what about when groups of friends go camping and some douche never buys anything ? doesn't last long does it ?

22:42:42 decimation: I suppose those who fail to pay tax will end up in the private courts of those who do

22:42:48 mircea_popescu: i doubt it.

22:43:08 mircea_popescu: they'll just end up exactly where they are now : five to the room, crowded in insalubrious conditions, spending their time voting on reddit

22:55:10 mircea_popescu: decimation it's so amusingly pervasive this. so the cbc article you linked punching holes in the rich dad thing ?

22:55:12 mircea_popescu: "Allan S. Roth is the founder of Wealth Logic, an hourly based financial planning and investment advisory firm that advises clients with portfolios ranging from $10,000 to over $50 million. "

22:55:28 mircea_popescu: as tlp would say, "don't change the system, just shuffle among its offerings"

22:55:55 mircea_popescu: WL good, RD bad!

22:56:30 decimation: heh yeah. In the us, it is common for 'regular people' to roll over their pre-tax retirement savings to investment brokers

22:56:34 mircea_popescu: which, incidentally, suggests to me a simple, direct and therefore likely correct explanation of the previously mysterious tendency of english-speaking thinkers to create acronyms.

22:56:44 mircea_popescu: if you acronym it YOU NO LONGER HAVE TO THINK ABOUT IT

22:57:02 decimation: they generally charge 1% of the portfolio, and are not even legally held as fiduciary

22:57:20 mircea_popescu: and the less you think about what exactly wl, rd etc are, the better, you can just keep derping between em

22:57:29 jurov: NLHTTAI

22:57:41 mircea_popescu: lol

22:57:57 mircea_popescu: decimation which is why all the legal barriers, it's basically free money for the taking

22:58:11 mircea_popescu: so they dun want random internet scammers and other non-proper-meta bezzlominds getting any

22:58:45 decimation: right, only proper friends of the bezzle get the legal privileges

22:58:58 mircea_popescu: "he acted as an investment broker without a license ?! AND HE DID SLIGHTLY BETTER THAN THE AVERAGE ?!?!" burn him!!1

23:02:01 decimation: lol speaking of which https://www.finra.org/Newsroom/NewsReleases/2013/P197636 "The Financial Industry Regulatory Authority (FINRA) today issued a voluntary Interim Form for Funding Portals designed for prospective crowdfunding portals under the JOBS Act."

23:02:02 assbot: FINRA Issues Voluntary Interim Form for Crowdfunding Portals - FINRA ... ( http://bit.ly/1G0zed9 )

23:03:02 mircea_popescu: http://www.reddit.com/user/bitcoinchamp

23:03:04 assbot: overview for bitcoinchamp ... ( http://bit.ly/1G0zp80 )

23:03:07 mircea_popescu: this'd be the definition of mouthbreathing lol.

23:03:16 mircea_popescu: http://www.reddit.com/r/Bitcoin/comments/2ohqse/bitcoin_embassy_in_argentina_is_huge/cmn9saa i mean

23:03:18 assbot: bitcoinchamp comments on Bitcoin Embassy in Argentina is HUGE! ... ( http://bit.ly/1G0zskk )

23:05:04 decimation: so, it's just a telephone on a wall? I don't get it

23:05:53 scoopbot: New post on fraudsters by Mircea Popescu: http://fraudsters.com/2014/yes-we-can-ya-se-puede/

23:16:20 ben_vulpes: http://mix.msfc.nasa.gov/IMAGES/HIGH/0400007.jpg

23:16:24 assbot: ... ( http://bit.ly/1G0CiWu )

23:34:23 assbot: [MPEX] [S.MPOE] 42812 @ 0.00049077 = 21.0108 BTC [-] {2}

23:36:10 undata: ben_vulpes: what engine is that?

23:37:36 undata: looks like atlas?

23:40:48 undata: http://mix.msfc.nasa.gov/abstracts.php?p=2869 ah

23:40:49 assbot: 0400007 - RS-88 Rocket Engine Tested for Pad Abort Escape System ... ( http://bit.ly/1G0HKJ2 )

23:41:01 undata: so pretty

23:43:02 decimation: ben_vulpes: I got to block 264k or something when I filled my vm's hard drive

23:45:17 decimation: will retool and restart.

23:52:06 ben_vulpes: decimation: disk storage is the *bane* of bitcoin testing.

23:52:26 *: ben_vulpes is in the process of standing up an aws instance with a full TB of storage

23:52:26 decimation: yeah. I thought 50gig was enough

23:53:19 ben_vulpes: still gonna be like sixty bucks/mo

23:53:52 ben_vulpes: maybe i only go with a few hundred gb

23:53:55 decimation: heh yeah 1 TB seems like alot