1023800+ entries in 0.685s
usagi: Where is
the fraud?
smickles: if you
think it's fraud,
that's a positive accusation. which in an actual discussion, holds
the burden of proof
Diablo-D3: and assholes
trying
to put up fake walls
smickles: usagi:
the 'i'm just asking questions' approach is not cool
usagi: in
the first place
usagi: Yeah, but why are
there so many little sells :p
usagi: So why are
there so many little sells?
usagi: Obviously
that was one buy
usagi: Just
the pattern seems weird
gribble: Error: You don't have
the admin capability. If you
think
that you should have
this capability, be sure
that you are identified before
trying again.
The 'whoami' command can
tell you if you're identified.
smickles: usagi: what makes you
think
those arn't real asks
that were bid into?
usagi: An intentional act
to decieve made for gain is
the legal definition of fraud.
usagi: Likely for
the gain of free advertising, or
to give
the impression
that MPEX does a lot of volume.
usagi: In other words, someone is acting
to intentionally decieve people here
smickles: usagi: have you seen
the book an
that
thing?
usagi: Looks like one person
trying
to spam irc.
usagi: had orders for
that?
usagi: So let me understand
this
assbot: DMC [1@0.07BTC] paid: 0.02635814 BTC. Last price: 0.07 BTC. Capital gain: 0 BTC.
Total: 0.02635814 BTC. (37.7%)
assbot: Requesting data from GLBSE (might
take a while).
Ignatius-otc_: PsychoticBoy, so what about FDBF? Will you buyback shares if
there isn't sufficient liquidity on
the glbse and an investor needs out?
mircea_popescu: so is it correct
that your
total float is about 130btc ?
BTC-Mining: But indeed it would be possible
to
trade
them for stocks in
the portfolio.
BTC-Mining: Assuming I got
the funds on hand, yes. But suppose you have a large amount, I might not. I
try
to keep
the funds invested into assets.
BTC-Mining: PsychoticBoy, yes, I'll buy back
the bonds.
PsychoticBoy: hmmmmn good luck BTC-mining is
this statement
true??
Ignatius-otc_: I believe I can sell my btc-bond back
to btc-mining at any
time for 0.01 minus exchange fees
mircea_popescu: i just sent him a little btc, and maybe you want
to do
the same
thing ppls.
Ignatius-otc_: I won't get into an asset I can't liquidate. For btc-bond,
the option of redeeming
to btc-mining himself is
there, and hes always in irc...from my experience
BTC-Mining: Assuming a few
things on GLBSE fail,
the bond can still be paid back.
BTC-Mining: Otherwise,
there's much more assets
than
the loan face value.
BTC-Mining: Like if
the system is compromised/loss of confidende/etc.
BTC-Mining: Plus
there's guarantees against bitcoin system failing as a whole.
BTC-Mining: all
the info is updated a few
times each week.
Ignatius-otc_: imo BTC-Mining doesn't go around
trying
to whore it out so it's gone unnoticed by
the swashbucklers. im certain
that will change, and already seems
to be
mircea_popescu: so 10% insured no matter what, 1 dollar
to
the btc insured from btc loss and a
trade collateralization of 100%
BTC-Mining: It's defined as a loan. With
terms matching accordingly.
BTC-Mining: Which basically mean, for each BTC loaned, I need 1 BTC of my own money
to make it 200%.
Ignatius-otc_: oh I was just giving you a hard
time BTC-Mining, divvies received
thanks
mircea_popescu: truth of
the matter
they're not really so well maintained.
BTC-Mining: Anyone has some Gigamining stock
to
trade? It's getting around my price, I'd buy a few hundreds at 0.83
Ignatius-otc_: eh it's openbsd sillyness. I like it so far
though seems
to be more stable.
Ignatius-otc_: thanks. nah not deb...I will probably need
to build it if I want it
Ignatius-otc_: hey mircea_popescu I am
toying with xchat. is
there a plugin for otr or do I need
to do a custom build?
BTC-Mining: Seems like it's
time
to put more bonds on
the market
Diablo-D3: I dont
think it gets any gayer
than
that.
Obsi: prolly everyone
turning on old GPU rigs since
the price spiked as well
Obsi: the BFL FAQ is saying late Oct/early Nov shipping now, so if
there's still no news by mid Oct maybe sell some more singles into ABMO
Diablo-D3: but
that means you keep waiting and never buying
Diablo-D3: people would
throw a brazillion dollars at fpga rigs if
they wouldnt burst into flames
Obsi: I have a feeling ASIC prices are going
to drop like a rock
though... especially if
they can make
them for <$1 Ghash
Diablo-D3: yes, but you've already paid for
the upgrades
Diablo-D3: yes, and you're betting
the other half on BFL's SC.
Obsi: at least with BFL
they have singles & minirigs
to show for it
Obsi: That's betting half ABMO's assets on a business
that has yet
to show any working hardware
Diablo-D3: which is pretty close
to
that 10k I said I'd agree
to
Diablo-D3: so at maximum you cant hold more
than 10664
Diablo-D3: right now
theres 21329 abmo out
there
Diablo-D3: and
the only way
to get more asicminer is
to sell more abmo
Diablo-D3: naw, I gave
those all
to you already =P
Diablo-D3: so clearly I need
to balance
things out here
Obsi: prolly closer
to 0.00116
the following week depending on difficulty
Diablo-D3: still,
thats like a month of btcmc for me
Obsi: that includes
the current balance held, so it will drop
the following week
Diablo-D3: so when does
the first abmo dividend happen =P
Diablo-D3: then again,
the market is massively undervaluing asicminer
Obsi: I mean
the assets per share...
the NAV
Obsi: Yeah it's depressing
the price a lot doing 2 for 1
Diablo-D3: usagi: yeah, obsi has been collecting
them lately
Diablo-D3: and
that should be
the stopping point
Diablo-D3: Obsi:
there should be one asicminer share for every obsi.abmo share
Azelphur: Obsi: Planet shocked as countdown on
the internet reaches zero.