1017100+ entries in 0.749s
Obsi: The money is being used,
that might not even be possible.
Obsi: I am not
that kind of person.
dust-otc: yeah you can pay 0% forever and
take everyone's money!
Obsi: I know
that. I never said it is 1% a day forever, contract states such
Obsi: Well I can't say 100% it is not a scam, I am not
there in
the business seeing all. But
they have made returns for a long
time now.
The chance it might be scam or lose money is why I called it high-risk.
Obsi: The rates are employee rates... incentives
to make it work.
dust-otc: it would be much more profitable in
the long run
dust-otc: why not reinvest
the profits instead of borrowing at absurd rates?
Obsi: it is up
to
the employees
to help make
the location successful.
Obsi: They allow employees
to scout new locations and pitch
them from what I understand.
They start new ones a few
times a year.
Obsi: I doubt
they will fold unless
the economy gets very bad, rates may reduce, but
they made it
through 2008-2009
Obsi: I prefer not
to say. I have already received a personal
threat regarding
this.
Obsi: As far as bank loans
they do use some funding
that way, but
there are limits with new locations and lack of funding can keep one from being successful
Obsi: The allow employees
to do
that. Many max credit cards even
to invest.
Too much risk
to do
those
things for my
taste.
Obsi: I would say it is legit, maybe not best for
the people who
take such loans, but
there are many such businesses
Obsi: Are you saying
they should just go get bank loans?
Obsi: It's worked so far, but I am not sure how great an investment it will be using BTC if
the price continues
to climb
Obsi: exactly, once
the location is fully funded
they
take a portion of earnings and pay back initial investment capital.
Obsi: Basically
they let
their employees bootstrap a new location with
their money in exchange for a chance at sharing earnings.
Obsi: They
take
the money and use it
to fund debt purchases and loans,
the pay out interest/bonus payments each week. Once
they have enough earnings of
their own
to fully fund
that location
the begin capital repayment
Obsi: Me
too if
that happens.
They hold a decent chunk of my own money as well.
Obsi: I'm not sure what you're asking EskimoBob...
the money is paid back over
time
Obsi: You mean
the contact for HRPT?
Obsi: is
that one of
those scam ponzi assets?
Obsi: This Sunday after coupon payout will be
the
time
to sell it back
to me at 0.1 BTC any new releases will be considerably lower in price.
BTC-Mining: Preferably it would pop an error
telling you you're
trying
to input a bid over your own ask...
BTC-Mining: It's a bit stupid but you can't
trade with yourself, apparently
BTC-Mining: But yeah, if I have an ask at 1,
then want
to put another at 1.1 and input 1.1 in
the bids instead, it will eat
the asks past my 1 ask.
mircea_popescu: wow, > 5 minutes old ?
that makes it darn useless wtf.
BTC-Mining: Actually
the ask on GLBSE is at 40 @ 0.12449989
BTC-Mining: It does not indeed. But if you place multiple asks... and by error input a higher value in
the bid box
mircea_popescu: o, so someone has an ask and
then buys for more
than
they sell at ?
BTC-Mining: Assuming
the wanted another ask in but inputed in
the bid section?
BTC-Mining: Unless
the ask is by
the person who bought
the bonds
mircea_popescu: now how exactly is
the last
trade
that happened a second ago about 15% over
the ask ?
gribble: Best bid: 12.5101, Best ask: 12.55, Bid-ask spread: 0.03990, Last
trade: 12.55, 24 hour volume: 38630, 24 hour low: 12.2247, 24 hour high: 12.68666
gribble: Best bid: 12.5609, Best ask: 12.57779, Bid-ask spread: 0.01689, Last
trade: 12.57779, 24 hour volume: 38671, 24 hour low: 12.213, 24 hour high: 12.68666
__Atlas__: You know, communists need
to watch Breaking Bad
to see why owning
the means of production doesn't mean everything.
Chaang-Noi: i need
to get money and buy some first...
Obsi: Anyone holding OBSI.1MHS or OBSI.ABMO
they want
to sell?
BTC-Mining: I'd do
that. 300$ a day, seems like a nice art.
nefario: like how easy it would be
to break
them
nefario: who
the fuck is dumb enough
to pay
that
copumpkin: I bet he handcarved
those before it was cool,
too
BTC-Mining: Being normal is
the new hipster. Be different. Be like
the mass.
__Atlas__: The only way
to comply with Agenda 21 is
to ride a bike
BTC-Mining: copumpkin, all
that eco-friendly stuff is expensive, cars (or public
transit/multi-speed bikes for
that matter) are way
too expensive.
nefario: buy some ven, book some
time in
the place and ask yourself
nefario: drinking organic, fair
trade coffee
nefario: you can see
they all use macs
BTC-Mining: Deny IPO!
Tell
the hipsters
they have
to understand first
they are VERY mainstream in
their "non-mainstreamism" goals before being allowed
to do anything at all anywhere.
copumpkin: that links
to hub.vg, which has a bad cert
copumpkin: right above
the "Apply
to join" link
nefario: but it seems
that it's really difficult for people
to put anything stable on
copumpkin: on
their front page,
they have a "Ven" hyperlink
nefario: __Atlas__: I would prefer not
to
__Atlas__: nefario: I was waiting for
the day you started an asset.
copumpkin: also,
their site
tells me remarkably little about what it actually is
copumpkin: they need
to fix
their certificate on
their site
Diablo-D3: you know, I wonder if nefario really does want
to lose glbsse
Obsi: coolness... PM me when you post it, I sometimes miss updated
threads
Obsi: Any progress on
the shirt story __Atlas__?
Obsi: they get it mailed
to
them or it is somewhere in
their account?
Obsi: and how would one verify a person owns
the code?
nefario: then I can move
the whole
thing into a csv
dub: would it be
too much of a conflict for you nefario? given I'm not a customer
nefario: find a way
to fit
the cuntface
MrTiggr: The commentary on
this website will contain course language and adult concepts and due
to its content should not be viewed by anyone"
MrTiggr: "The people mocked on
this website, even
the real ones, are fictional and any resemblence
to anyone living or dead is purely coincidental.
dub: Obsi: nefario is merely establishing an accurate
trust profile
Obsi: Re: Diablo on
that wiki
Obsi: That does not seem a prudent
thing
to write about someone even if only
thought of as a joke, when you are at odds with each other over business matters.
dub: nefario has so much
time for irc
dub: must be a slow day creating
the future of bitcoin scams
MrTiggr: I
think
the main point
to
take away from
this is
that he considers his bitcoins "profit."
MrTiggr: He was on #bitcoin-otc yesterday (I was so excited!) He said he
took it down because he didn't want
to endorse something purely for profit. He is still using bitcoin,
though.
MrTiggr: (the *vagface* one) and... well... i cudnt resist on
the
tootlessdragon ;)
MrTiggr: heheehe
thats one of my favourite pics aquired in my
time here at bitcoin, nefario :D
BTC-Mining: Even
the excessive
tunnels often looking like mining shaft.
There's a few miners around.