1011100+ entries in 0.789s
OneEyed: (when I say "work", I mean "work for him", because perpetual also means
that he has
to pay forever if he doesn't buyback)
PsychoticBoy: smoovious made
the whole point clear: now if he had opened up
the bond, named it something other
than 'mining' related...
that it was a personal loan, and
that he would repay
the bonds, at a rate determined by difficulty and 1 MH, etc etc etc...
that would have been straight up... and we could invest or not, honestly... but no
OneEyed: Smoovious: well, Goat operation is, in some sorts, a declared Ponzi, which can work if
the reference dividend (1MH/s mining) falls quick enough
gribble: Best bid: 12.714, Best ask: 12.81, Bid-ask spread: 0.09600, Last
trade: 12.81, 24 hour volume: 49780, 24 hour low: 12.55, 24 hour high: 12.8999
OneEyed: Was it supposed
to be a pass-through or a hardware owner? I still can't understand what investors expected. One or
the other or any of
them or both.
OneEyed: Smoovious: people could also invest in mining operations instead of going
through Goat if you consider doing it directly
OneEyed: Smoovious:
there are some funds where you invest dollars and get equivalent returns of if you had longed Euros
OneEyed: So, PsychoticBoy and Smoovious: if you invest dollars into a Euro fund, do you expect
the dollars
to be converted in Euros and be kept as bills? Or do you expect
to get dividends based on
the fluctuation of
the EUR/USD?
PsychoticBoy: I personally got more
than 1.5k btc in glbse assets so plz let glbse live
OneEyed: The
two alternatives are really different, because in one case
there are assets (that
the bond owners couldn't claim anyway), and in
the second case
there are none
OneEyed: Nowhere in
the contract is what will be done with
the money described. What did you
think?
That he bought hardware, or
that he invested into other mining operations?
OneEyed: Seriously, I
think
that investors are
to blame here. Especially considering
this is Goat, whose morality doesn't appear
to be
that high :)
PsychoticBoy: he owns maybe 1 single and some gpu but my little brother also got
that ;)
OneEyed: PsychoticBoy: doesn't he? I
thought he
told he was
the majority investor or owner of a massive mining operation?
PsychoticBoy: he initially said he hard
the hardware
to back it up
OneEyed: He sold
the promised of a return corresponding
to a well known value
OneEyed: Smoovious: so, please,
tell me: what would it change *for you* as an investor?
OneEyed: "Mining bond" doesn't mean you'll mine yourself. Or does it? Or can you invest in a mining operation? Directly? Also indirectly? What is acceptable and what is not? How does
that make even a
tiny difference for
the investors?
This is a bond, not a share, you don't own
the hardware assets in any way
PsychoticBoy: So be saying
this, I agree Goat should get a SCAMMER
tag and he should never get
the chance
to issue shares of his crap on ANY exchange
OneEyed: PsychoticBoy: well, when you invest in a fund indexed on Euros, an Euro fund,
then you have no guarantee
that your money is kept in Euros,
that's just a reference value
OneEyed: Smoovious: you're
thinking about a ponzi over a ponzi?
That's a possibility on
the
table since day 1, and bitcoinmax is also suspected
to have done
that
PsychoticBoy: He had a mining bond named
Tygrr-bond.a , and did not have any mining hardware !!!
OneEyed: PsychoticBoy:
that's not like he is in a country where paying for sex is easy and well accepted… oh, wait
PsychoticBoy: <imsaguy2> <Chaang-Noi> off for sex << generally
those
that say
that, aren't getting it<< Or paying for it ;)
jcpham: is
that like a donkey punch?
imsaguy2: please don't
tell me he pulled a jesus
imsaguy2: I
thought goat was married and had a kid?
jcpham: i had
the sex first
then claimed
to have
jcpham: no i got
the order all wrong
imsaguy2: perhaps, but did you leave irc claiming you're about
to get some?
jcpham: i feel frisky
today
too
imsaguy2: <Chaang-Noi> off for sex << generally
those
that say
that, aren't getting it
MrTiggr: aight ..BRB ... off
to build
the latest WoT Graph
MrTiggr: yes if you arent rated on otc you wont be
there, Chaang-Noi
MrTiggr: takes me about 45 mins
to build a new on
Chaang-Noi: why does it
thin chaang-noi is 'davux'
MrTiggr: Smoovious: i have
that here on desktop :P
Chaang-Noi: if i want
to find me what do i search?
Chaang-Noi: why is
the green dot pirateat40???????????
OneEyed: (I should read
the
thread,
that may be in it already)
OneEyed: So NYAN.B would use its very low NAV, while
the assets exchanged for will get
the fantasy value if chosen in motion 155?
OneEyed: "If implemented, I would not allow investors
to cherry-pick assets from
the fund but would instead send
them a fair mix of around 5 assets, fairly weighted considering
the NAV of NYAN.B and
the valuation of
the securities which
the investors have chosen in motion 155."
MrTiggr: ViewGraphs i
think i called it
MrTiggr: or gotot
the link on
the
top bar of
the main site
MrTiggr: thats a graph of
the otc Web Of
Trust ratings system
OneEyed: Fuck me, I hadn't seen NYAN.B closing announce. I've missed yesterday's movie of
the day
MrTiggr: so you can save cool shit
that hapens :D
MrTiggr: i like
to watch
the little dots fire out
to a satoshifish as
they are spent on 1dice*
MrTiggr: Smoovious: hrmmm ... mebbe
try Ctrl-+
Chaang-Noi: will
they abuse power even more and snuff me?
MrTiggr: <Chaang-Noi> cuz i love btc << WORD
to
that
Chaang-Noi: but if
they do ban me, i wont come back
Chaang-Noi: i gave 50 btc
to
the forum as a donoation
jcpham: because you seem
to care about being banned
MrTiggr: go roll a spliff and go watch
the blockchain spend for a while at ISeeCoins.org
Chaang-Noi: tiggr, odds on my getting banned in
the next few days on
the forum?
MrTiggr: damn .. whenever i am hungry i just know
to look for goat or smoo on my graohs
these days :P
Chaang-Noi: smoo is
the only
toy i can play with :9
Chaang-Noi: its been going on for months and he just now is rejecting
them
MrTiggr: stop feeding
the
trolls :P
MrTiggr: kiss and make up you
two, we know yu dont mean it
MrTiggr: yu never fail
to provide, goat
jcpham: read more goddamn goat
text
jcpham: opportunistic
troll here
Chaang-Noi: yes nefario and glbse did exactly what i wanted
them
to do, im
the pupet master...
Chaang-Noi: i know a lot of people do not like me, and many more even hate me, but really if you cant understand how a mining bond works,
this is not
the palce for you.
imsaguy2: Azelphur, even if not illegal,
they won't have
the funds
to defend
themselves
Azelphur: so at some point in
the future all
the US assets will have
to delist
Azelphur: GLBSE/MPEx are prolly gonna die anyway, because all
the US assets are unable
to follow SEC regulations
Chaang-Noi: i was going
to get banned if i did not do what maged demanded
rdponticelli: lol, getting your ass banned could be
the next step...
Chaang-Noi: smoovious... no one cares what you
think... you are a retard for not understandig what a bond is
Chaang-Noi: if maged wanted it
to be private he would have sent via email
Chaang-Noi: theymos
told me
that PM are not private messages but personallal messages