log☇︎
1018600+ entries in 0.784s
Bane_Capital: I am sure the shareholders of GLBSE would approve of this move.
Diablo-D3: EskimoBob: and yes, Im treating nefario like a criminal
Diablo-D3: EskimoBob: infact, until this nefario-bomb, I had assets waiting to be transferred into dmc's hands
Diablo-D3: "From this 1543.86 BTC in assets. BTCMC pays approximately 15 BTC a month, ABMO pays a little over 10 BTC a week, BTC-MINING pays a half a BTC a week. I expect any dividends issued by assets held by Diablo Mining Company to also be returned."
Diablo-D3: EskimoBob: I have no clue what dividends I've recieved since then
Diablo-D3: Ill agree with that.
Diablo-D3: all mining investments we own are just outsourcing the mining effort to third parties
Diablo-D3: and A is redundant, thats part of B
Diablo-D3: they say shit that simply doesn't make sense
Diablo-D3: ironic, I think quite a few people on the forums are insane
Diablo-D3: You can try
Diablo-D3: no, DMC needs a board, and theres simply not enough financially minded people in the community to do it, let alone ones invested in DMC
Diablo-D3: nefario refuses to update contracts
Diablo-D3: usagi: glbse's system is rather worthless for this
Diablo-D3: as in real dollars. and lots of them.
Diablo-D3: usagi: I think you misunderstood, I've been courting outside parties _for_ investment.
Diablo-D3: they just dont think bitcoin had a place, it is too much of a risk for so little return
Diablo-D3: usagi: thats the thing, several pro VC people have actually liked the plan
Diablo-D3: I hate to tell you this, usagi, but you're not really a good business man.
Diablo-D3: usagi: yes, e) anything that furthers these goals
Diablo-D3: EskimoBob: if we're going to act all batshit insane, lets take to the logical conclusion
Diablo-D3: EskimoBob: fine, then shareholders can pay me a fair salary for my work.
Diablo-D3: Bane_Capital: /b/ is ---> that way
Diablo-D3: usagi: yes, and I already said it in the op post.
Diablo-D3: the shareholders agreed to the contract, and so did nefario
Diablo-D3: usagi: problem is, you may say my contract isnt allowed anymore... but that would only mean my contract is grandfathered into it.
Diablo-D3: usagi: Im seriously considering it, but its all up to nefario on this.
hnz_: motions on glbse suck. i can't even see that there is one, except when clicking on motions. even the mail-system shows me when there is a mail.
Diablo-D3: EskimoBob: no, if this happens, the investors lose everything.
Diablo-D3: usagi: because I've already been given an offer of employment to continue DMC elsewhere and without bitcoin.
Bane_Capital: don't think*
Bane_Capital: usagi: I don't you will be changing this man's perspective.
Diablo-D3: I have not broken the contract.
Diablo-D3: usagi: if they publicly out themselves, thats their choice, but I wont
Diablo-D3: the contracts the shareholders signed are no longer valid by decree of king nefario
Diablo-D3: no, some of these people are most decidedly not scammers.
Diablo-D3: they came to me to tell me this.
Diablo-D3: usagi: Im not, I never asked them to leave
Diablo-D3: Bane_Capital: but thats the thing, because nefario decided to abuse the trust people placed in him, a lot ofpeople are leaving
Diablo-D3: the panel is too little too late
Diablo-D3: they will remove their assets from glbse if nefario cannot be trusted
Diablo-D3: usagi: yes, and the community is making their decision
Diablo-D3: not at all, you already had your chance at that
Diablo-D3: usagi: we're not going through that again.
Bane_Capital: I am voting no then if I am included in the vote. He's had his chance.
Diablo-D3: usagi: not until the DC is done.
Bane_Capital: but he can't even do that right.
Diablo-D3: like I said, its all up to nefario here
Bane_Capital: I don't think there would be any problem
Bane_Capital: If Diablo just maintained the value of his shares
Diablo-D3: no, he broke the contract the shareholders agreed to
Diablo-D3: nefario abused the trust people placed in him
Diablo-D3: some are thinking of cutting and running no matter what the outcome is
Diablo-D3: usagi: a lot of people are seriously thinking about cutting and running if nefario goes through with this
Bane_Capital: EskimoBob: I never totally rely on people so that doesn't include me.
Diablo-D3: EskimoBob: being founder of a company is a very special thing
Diablo-D3: Bane_Capital: yes, and in turn I believed in people
Diablo-D3: why do you think I sold the fixed mhash bonds at a loss?
Diablo-D3: usagi: I cannot do that, that would put DMC in danger of abuse.
Bane_Capital: and this is what I see
Bane_Capital: I wake up at 6 in the morning
Diablo-D3: EskimoBob: yes... but the vast majority are bonds
Diablo-D3: usagi: nope, we're selling dedis as part of a deal to gain a future customer
Diablo-D3: EskimoBob: Ive heard both of those from people
Diablo-D3: usagi: thats the problem, none of it is new
Diablo-D3: no, the problem is I expected people to act rationally
Diablo-D3: usagi: the plan already covered all of this
Diablo-D3: several mining ops are seriously thinking about just leaving
Diablo-D3: if he tries it against any mining op, they just take their hardware and go home
Diablo-D3: problem is, his train of thought can only effect dmc
Diablo-D3: nefario has basically said he doesnt care what the contract says, he will let shareholders violate it
Diablo-D3: but Im not sure if Ill take it off glbse or not
Diablo-D3: should be on page 2 or 3 of that
Diablo-D3: yeah, I posted it in the reponse to nefario
Diablo-D3: no, someone independently discovered what Ive thought for the past two months
PsychoticBoy: It`s Dividend Day today :D FDBF is paying dividend around 15:00
mircea_popescu: that'd work too.
mircea_popescu: i just came up with a decent tower defense game ideea, i wanna implement it.
mircea_popescu: im not on the forum
Diablo-D3: mircea_popescu: you subscribed to dmc thread?
Diablo-D3: "in a couple of years when bitcoins are worth thousands of dollars each"
mircea_popescu: what do i have to do with zeta ?
zefir: ZETA-MINING: dividends for week 37.2012 paid, guaranteed pay-back price for week 38.2012 set to 0.093
dub: you are certainly keen to let us know about your feeling
mircea_popescu: "As an example, I have 1000 coins with HashKing that I don't worry about,"
copumpkin: #bitcoin-stochastic-calculus is the place to be, I guess
copumpkin: I thought everyone had forgotten about all that stochastic crap
copumpkin: mircea_popescu's been talking about ito?
Diablo-D3: he said he didnt halt dmc trading
BTC-Mining: oh. A bit late to notice.
BTC-Mining: I thought your account was frozen
Diablo-D3: just wanted to know
BTC-Mining: Do you want to know about DMC shares
Diablo-D3: how do I make the bot tell me how many shares of DMC are under 1 btc
smickles: Diablo-D3: what would you want me to say about that?
BTC-Mining: We'd have the problem of some cities going military/fortress/conquer mode on their neighbors however.
mircea_popescu: BTC-Mining i wonder what impossible to counterfit currencies are there... hmmm...
BTC-Mining: But managing cities as a small unit would be far more efficient than large bureaucratic governments...
BTC-Mining: We'd need an impossible to counterfeit currency to exchange between cities however... hmm
mircea_popescu: that'd be so kickass i think i came a little.