log☇︎
1020000+ entries in 0.809s
Obsi: Well people can claim that, but I will still be here running my personal securities
dust-otc: Obsi: but the failure of the business you are passing through to is indistinguishable from you running with everyones' money
Obsi: In the event of a failure I would notify everyone in the thread ASAP since I could not continue payments beyond the buffer, which stands at ~10-11 days right now
Obsi: I have zero control over this business... it's a passthrough, I'm not going to try and protect them in the contract at the expense of myself.
Obsi: Well who wants to be a scammer?
dust-otc: becaue it is laid out in the contract
dust-otc: your operation is quite similar to pirate, except if you didn't pay back you wouldn't even be a scammer
Obsi: dust-otc: I could... but I'm not like that
Obsi: That's the day I run reports, no sale this Sunday though due to crazy market
dust-otc: and there would be no accountability
dust-otc: Obsi: but you could claim at any time that this "person" has defaulted and not repay investors, and this would be within your contract
Obsi: I sold all that I held in my personal account a few hours ago and I only sell from the OBSI.HRPT on Sundays
Obsi: my business model is I transfer funds to a person that earns high rate interest and pay that out as coupons
dust-otc: Obsi: or refute my claims that you can just take investors' money within the terms of your contract?
dust-otc: Obsi: care to answer anyone's questions about your business model?
Obsi: Topic was locked while I investigated a threat from someone
dust-otc: but I suspect it is because many are starting to ask him questions he does not want to answer
dust-otc: Obsi locked his ponzi thread
Lucidize: wow TEEK.B took a nosedive
Bugpowder: If they take out 0.05 I will wow
mircea_popescu: i was gonna wow, but then i added up the 20 btc.
Lyspooner: fuck the short
mircea_popescu: and also she's tall. so you'd better not be short either.
mircea_popescu: wanted to know if we're married ; related ; declared this is fucking scary.
mircea_popescu: you know actually, erlier this week we were having dinner in this one place where previous we were with a third party who
Lyspooner: well, dinner parties with you two (or you one) must be frightening if you arrive at the door with an opinion
Lyspooner: i swear that MPOE PR person on the forums is you
mircea_popescu: well they'd better be lol.
Lyspooner: i think it will be around for longer than 2050 if the people who run it are like you
mircea_popescu: and i see you give it till 2016
Lyspooner: your company seems to do well at it
Lyspooner: it's just been reasonably tough to trust any business to store bitcoin deposits
Lyspooner: i don't figure this
Lyspooner: so who can we trust
mircea_popescu: in due time, as they say.
mircea_popescu: might be possible, but we're still a few steps removed from it i think
Lyspooner: just look at the number of successful bitcoin escrow services, for example
Lyspooner: bitcoin debt obligations are so person-to-person specific that i doubt a single entity could profitably run a clearing business
Lyspooner: i don't think bitcoin is mature enough to standardize debt contracts on an exchange
kakobrekla: who are you dissing again here sorry lost track
mircea_popescu: so in short, bitcoin needs fewer people that imagine they are part of it without being in fact involved.
mircea_popescu: bitcoin has one, the only thing is that it can not (nor should it work) without gpg and a few other tidbits.
Lyspooner: chmod755, debt is typically traded otc
mircea_popescu: it kinda has one. people have been using their mpex holdings to back claims, do repos etc.
mircea_popescu: quote of the day, week, year... if anyone ever wonders why there's so many rabid people in btc... well, it's cause someone bought them lunch sometime. or a pair of shoes.
mircea_popescu: "If you think over 1000BTC is a small amount, why don't you just buy my debt off and I'll shut up, and at the same time, I'll praise you as lord."
Diablo-D3: why the fuck is it every major css thing sucks
mircea_popescu: there's a funny ? ? ? profit joke in there too
mircea_popescu: lol it's nothing of the sort, i just read from them
mircea_popescu: whne you run the largest blog in any language space for a few years running you get immune or dead.
jcpham: i need a text transcript
jcpham: sorry mircea_popescu i attract the trolls
toffoo: novusordo: I dunno, I think you could argue that a system as free, open, and unregulated as bitcoin will always invite a fair share of asshats. it's the cost of freedom.
mircea_popescu: no human agency, even if working from within, even if it be the agency of idiocy.
mircea_popescu: see, when they say bitcoin is resilient and when they say no government could take it down
novusordo: of course, everything passes with time. it's just aggravating.
mircea_popescu: novusordo which project is that ?
novusordo: it just burns me to see a project with such great potential getting shat on by asshats
mircea_popescu: in every office a couple guys do all the work, the rest just dick about.
kakobrekla: novusordo, supposed to. :)
novusordo: we're supposed to be launching the world's first successful cryptocurrency into primetime
novusordo: this community needs a solid boot to the ass
novusordo: the drama level in this channel is over 9000
OneMiner: Ya, the Americans played their part in them. I'm NOT suggesting the US won WWI-II by themselves at all. Just that the alies would have gotten their spleens handed to them.
OneMiner: The US kicked ass in the war of independence, Mexican America war, Korea, I'm probably missing some others... Panama, Granada.
mircea_popescu: ok so then pretty much the conclusion is the us won no war to your standards,
OneMiner: mircea_popescu If there was one less front the Russians would have walked into a meat grinder. It was the combined effort and I'm sick of people saying X won WWII.
OneMiner: Vietnam was all about nation building. Propping up the South against the Commie North. That war fits into the second catagory.
mircea_popescu: seems to me the russians won ww2, so. meh. dubious argument but anyway not really fit for -assets.
OneMiner: Oh, except when we tried to invade Canada, damn igloo building pinkos.
OneMiner: All the wars where the US decided to just F up the enemy were won hands down. You can see the other results.
OneMiner: Ya, Iraq was a cluster F from the start.
mircea_popescu: like it was with the war of independence, just more so.
mircea_popescu: so it's not REALLY the gun that's the problem. will and discipline are.
OneMiner: I dig. You got some points there. But I don't think you really understand how coordinated and powerful they are. Afganistan is a cluster F at this point. The mission is all screwed up. The army is acting as a punching bag.
mircea_popescu: afganistan is still standing just fine, against the whole us military.
mircea_popescu: <OneMiner> I don't care if you can buy M60s no citizen millitia can stand against even the National Guard. The orginal intent of the 2nd is dead dead dead. << this is wrong.
OneMiner: I don't care if you can buy M60s no citizen millitia can stand against even the National Guard. The orginal intent of the 2nd is dead dead dead.
OneMiner: Holding a knife is bearing arms too you know. I don't think they have gone so overboard. You can buy a long rifle in any state.
OneMiner: d? Or redefine it to fit with the orginal intent? That's what congress should be doing, then the courts take over from there. Insteadwe have bla, nothing, a promise to not get anything done untill the election.
OneMiner: While I'm a fan of much of the constitution, it's reasonable to expect that changes will be made over time. For example the 2nd amendment. I interpet that as a gun to the head of the govt., the designers of the constitution wanted to be sure that a govt. not of the people couldn't stand. Now we have cruise missles and I feel that the orginal intent has been defeated. What should happen? We stick with what we have and change nothing? Scrap the 2n
Diablo-D3: they wanted more money, and thats what I tried to do!
OneMiner: Smoovious I'm all for that. Send it to the courts, that's what they are there for. Continuously redefining the country to improve it should be a goal.
Diablo-D3: I did what my shareholders asked! Why the fuck do you I worked my ass of on this deal to bring in more revenue and serve the bitcoin community better!
copumpkin: I've been eating that for a while too
copumpkin: Smoovious: is it the shit that michael jackson has been munching on for the past couple of decades?
Diablo-D3: and suggested I tell obsi that asicminer is going to not deliver so I could get his 5000 shares of asicminer
Diablo-D3: and then you back up nefario when he pulls this shit
Diablo-D3: you refuse to manage dmc's assets
Diablo-D3: you refuse to insure dmc
Diablo-D3: you ask me to turn on obsi even though Im a shareholder of half of abmo
Diablo-D3: Im not the only one that thinks this
Diablo-D3: usagi: both you and nefario will probably end up with scammer tags on the forum because of this
Diablo-D3: usagi: if you're so pro-DMC, then vote to keep me as CEO on nefario's fake motion that he wont put up
Diablo-D3: if you get 100% of the assets? YES YOU DO.
Diablo-D3: and Ive already said on the thread that _you_ agreed with my assessment.
Diablo-D3: usagi: I have repeatedly answered that question
Diablo-D3: apparently dedi/cloud resale contracts "cost thousands of btc, thus Diablo stole them"
Diablo-D3: OneMiner: thats what it feels like
Diablo-D3: All you did was try to make a grab for the DMC assets and fuck over all the other shareholders