log☇︎
1023500+ entries in 0.74s
BTC-Mining: He should have sold market and bought the other for market.
usagi: It's one of the few accretive shares out there
BTC-Mining: I price things as market price.
usagi: I reported it immediately in my letter to shareholders.
BTC-Mining: I was flabbergasted he never mentioned it on his thread. I just happened to notice it because I have his trade chart in my favorite and watch it.
usagi: This is why people are in the nyan thread telling me how great I am at finance.
JWU_42: who gives flying fuck if you 800% totals less than 100 BTC
JWU_42: usagi: what was the total net profit - not %
usagi: I'm glad I took the deal
usagi: When he came to me with this plan, and explained it, it actually kinda started to make sense
JWU_42: and DMC selling 5000 shares for less then .01 when i paid 1 -- WTF
usagi: But before this I spent about a month trying to petition Diablo to do it properly
usagi: I'm the one that walked away with 800% profit
mircea_popescu: JWU_42 you do tend to agree with me, it's just not always at the same time.
BTC-Mining: It was way too low, killed DMC share prices definitly.
JWU_42: on the subject of DMC
JWU_42: this is one of the few times I agree with mircea_popescu ;)
BTC-Mining: I also got DMC shares for cheap... at some point DMC was trading 1 ASICMINER for 9 DMC (When ASICMINER was still IPOING at 0.10 each)
JWU_42: if you were that good - everyone would say it for you
usagi: Mircea says it all the time :p
JWU_42: anyone who has to say that - isn't telling the truth
usagi: If you and I sat down and discussed it one of two things would happen, we'd either become friends, or you would be unable to speak from the depth of my knowledge.
usagi: I know more about finance than you could possibly understand mircea
JWU_42: I know just enough to be dangerous
copumpkin: I don't just think it
mircea_popescu: not for the incompetent bunch that thinks it knows finance.
JWU_42: mine too
usagi: that to actually educate you I thin kI would need to be paid for the massive amount of time
JWU_42: mircea_popescu: this will end badly
usagi: So frankly...... Do you know what you are talking about? No.
mircea_popescu: insist i learn when to stfu ?
mircea_popescu: usagi srsly... these things go on the record. what will you do in 6 months ?
usagi: And more than 75% of the shares out now were traded after the asicminer deal
usagi: This is the profit you get from investing in EITHER ASICMINER or DMC.
assbot: DMC [1@0.01111111BTC] paid: 0.02635814 BTC. Last price: 0.07 BTC. Capital gain: 0.05888889 BTC. Total: 0.08524703 BTC. (767.2%)
assbot: Requesting data from GLBSE (might take a while).
JWU_42: wow .01 to .02
usagi: DMC has risen 80% since I did that trade
usagi: As mining bonds go to zero and DMC goes to 10
usagi: You will wish you did too.
usagi: So I traded a bunch of asicminer. I made some profit. In 6 months
JWU_42: and the sahre price has gone from 1 to bitcents
usagi: What Diablo is doing is apparently OK, so I decided to run with it
usagi: You don't realize this but you are 2 months late
BTC-Mining: or 25 mhash for the free path
usagi: Yes but DMC has those mhash NOW.
BTC-Mining: Gigamining is going to be 100 mhash per share
copumpkin: usagi: he's announced the upgrade path
usagi: GIGA is worth less than DMC.
JWU_42: Diablo has fucked up DMC to infinity
usagi: was set the price of MHASH to asic's price, "now".
mircea_popescu: o this is great.
BTC-Mining: I have yet to see any drama or people bashing on my threads.
usagi: Because I traded for ASICMINER.
mircea_popescu: whoa, what a little pearl : "We have also obtained 4,200 shares of DMC for only 50 bitcoins in a special one-time "insider" trade with Diablo-D3."
mircea_popescu: and teh interweb sociali media tends to build up circlejerks
BTC-Mining: (For those not doing rash decisions)
mircea_popescu: BTC-Mining not really. drama is the only way truth can get out in circlejerk situations.
BTC-Mining: Of course it is crucial... that's what makes people do rash decisions
usagi: I noticed you stopped trolling the YARR thread :> is everything ok?
mircea_popescu: yes, he did. this happened mostly because people we won't name don't know when to shut the fuck up.
BTC-Mining: Didn't Nefario stop accepting new issues and was considering severely ramping up the requirements for IPOs?
mircea_popescu: moreover, if you run a bar where patrons are regularly mugged, your connection to the muggings is stronger than the connection between guineeas and mugging.
mircea_popescu: the issue here isn't that "it happens". the issue is that it happens with regularity. "a small majority" as they say.
BTC-Mining: Like the fact it cannot be regulated at all, unlike GLBSE
mircea_popescu: BTC-Mining well, there's some dampening at work.
BTC-Mining: Aye, under that logic, an unregulated currency like bitcoin is guilty of money laundering, scamming, gambling and multiple other vices. Therefor, bitcoin is a "scam-thingee" too?
usagi: This isn't you against the world. Learn to play with other kids.
mircea_popescu: you is both the plural and the singular 2nd person you know.
usagi: Mircea you need to learn when to shut the fuck up.
usagi: [04:29:14] <mircea_popescu> dude. do you understand that your pathetic scam-thingee only works as long as you can find suckers to "invest" in it ?
mircea_popescu: i dun recall saying that. did i say you're a scammer somewhere ?
mircea_popescu: i do this guilty by association thing.
BTC-Mining: Although it indeed has hosted many scammy things.
BTC-Mining: mircea, you know you complain about the way GLBSE is mostly unregulated as to which assets are allowed and poor speed... not that it's a "scam-thingee"
usagi: Would you like me to register with gribble so you can take a screenshot of me saying that and make blog post about it?
mircea_popescu: dude. do you understand that your pathetic scam-thingee only works as long as you can find suckers to "invest" in it ?
usagi: I have a newspaper you might be interested in.. called the National Examiner.
mircea_popescu: no, not man on the street. INVESTOR.
mircea_popescu: i am no party in this.
usagi: Oh right, man on the street, right?
mircea_popescu: what i;m interested in is the investor's version of what happened.
mircea_popescu: im not really interested in either your or diablo's version of "what happened". i got that.
mircea_popescu: well... tell it to the guy with the loss.
usagi: If you want to know what happened you could ask DMC
usagi: He didn't. You got the wrong story :)
mircea_popescu: at the current time we are not discussing how global scam exchange is intrinsicly unsafe. we are discussing how one asset in there defrauded investors of ~90% of their investment.
usagi: Now that we've moved past that, whats going on with DMC *now*? :)
usagi: because I read it in the same place...
usagi: I got the same story as you
mircea_popescu: i know you got the wrong story :)
mircea_popescu: usagi nope, this has nothing to do. Diablo-D3 yep exactly dmc.
usagi: That no MPEX user ever is compromised... in the same way
usagi: Oh you mean the guy that admitted he didn't know how his account was compromised?
mircea_popescu: anyone care to guess what comp he's disucssing ?
mircea_popescu: "Nice... GLBSE is dead for me. My money will be gone in some days and i dont think i will take the risk again to threw money at glbse when even after carefully checking a share out you can lose everything. Thanks!"
mircea_popescu: maybe his services would be so much more valuable as an (pro bono) advisor to the us president ?
mircea_popescu: anon gives reading schedule to the pr chick for the place that does btc options.
mircea_popescu: https://bitcointalk.org/index.php?topic=64962.msg1157305#msg1157305 i think this is a pretty decent summation of the forum.
assbot: Requesting data from GLBSE (might take a while).