1005000+ entries in 0.767s
smickles: jeez, no one like my
texas joke?
dub: its retardedly cheap
to have physical harm befall people in most places
dub: people just need
to be more enterprising
thestringpuller: as long as SR exists btc will always have a place on
the internet
noagendamarket: scammers will destroy btc before
the government gets a chance
too
smickles: seriously,
the should just secede already
mircea_popescu: thestringpuller actually
the mafia collecting records are worse
than
the govt's.
noagendamarket: kinda hard when
they live on
the other side of
the world
smickles: everything is a scam because none of
the big
thefts and scams have had any significant consequences yet
noagendamarket: if you cant get justice using
the legal system
thats
the alternative
thestringpuller: the be like
the mafia? if people don't pay break
their knees?
thestringpuller: i feel
that
the people on silk road are more
trustworthy
than most btc users
smickles: that's why
those burger boxes went away?
noagendamarket: yeah
they banned a lot of
the chemicals
that were causing it
dub: its quite cold
there atm
thestringpuller: then if
they wanted
to put me in jail
they'd have
to find me
dub: my biddy has been
there
dub: i'd like
to go
to antarctica at some stage
mircea_popescu: so at 300th,
taking
that number out of an arsehat, $4 becomes $40
dub: vanilla
too, I
think
they commonly run at +25%
BTC-Mining: arf, I'd pay dividends owed
to him
to smickles instead
dub: what are you assuming power price
to be?
dub: FPGA will be lower
than
that
thestringpuller: but from what I recall in order for miners who have paid for equipment,
they only need 4USD/BTC
to cover electricity costs and remain profitable
Ukto: as we get closer
to halftime, it should go up more
BTC-Mining: Price moves a lot on small
transactions simply by low liquitity volumes.
Ukto: alot has happened over
the last month :/
BTC-Mining: It's not like
traditional currency pairs like USD/EURO
BTC-Mining: If you'd look at price history, you can see it varies a lot even over
the last month
Ukto: nah, all
the govt employees incharge of buying up btc etc are off work for
the weekend :P
smickles: qwebirc556225: it's
the weekend dip
noagendamarket: scammers and
the lack of non defaulting assets really kills
the idea
thestringpuller: so when he defaulted, he had
to pay out pirate policies, and he lost money on
the investments
thestringpuller: The way I see CPA is
that
they were exposed
to pirate, and
they invested in pirate pt
thestringpuller: the only option i would see is liquidating
the surplus and putting it into global markets
thestringpuller: noagendamarket:
that's because
there is no stable investments
to put your policy surplus into
to make a decent ROI
thestringpuller: noagendamarket: if you have good underwriting you limit your exposure
to scams
BTC-Mining: Except a bit of margin
trading on
the various bonds
BTC-Mining: I was completly spared from piratey
troubles for avoiding pirate altogether
smickles: thestringpuller: i
think it was glbse going down
that did 'em in
noagendamarket: the idea of a btc insurance company at
this stage is retarded
thestringpuller: his policy reserves were depleted during
the default and never recovered
thestringpuller: otherwise if shit hits
the fan
the only
thing you can do is merge with another insurance company
thestringpuller: well if your an insurance company you need
to mitigate your risks appropriately
smickles: < BTC-Mining> I would pay interest
to smickles instead <<
that's honorable,
thank you for even considering it :)
BTC-Mining: Sets red flags for others
to see until matters are resolved
BTC-Mining: You should not be afraid
to put
them up
temporarily until matter are resolved.
BTC-Mining: If he claims
them at a later date, he'd have no more debt but less dividends owed.
thestringpuller: Are scammer
tags reversable? or is it pretty much a done deal?
thestringpuller: I see cause you'll retain
those outstanding shares of Usagi?
BTC-Mining: I would pay interest
to smickles instead
BTC-Mining: Like for murder, it has
to be a malicious intent. If it's accidental and you're at fault, it's not murder but manslaughter
BTC-Mining: I would say
they would have
to be malicious intent. Otherwise we'd call
that mismanagement/ineptitude.
thestringpuller: like for instance someone having all
their money under a mattress and
the house burns down...
thestringpuller: Do scams have
to be malcious in intent (take
the money and run) or can it just be inept business practices?