log☇︎
1024600+ entries in 0.682s
smickles: mircea_popescu: you didn't make the named list "I'm thinking about an independent rating service that tracks the securities traded on GLBSE, Cryptostocks and any others."
mircea_popescu: forum says he should start new exchange with quality audits which'd charge extra to use.
mircea_popescu: AHAHAHA this is so funny. so. SO! LET ME GET THIS STRAIGHT!
mircea_popescu: they're the 99%.
smickles: the guy that the cool kids are calling a db?
mircea_popescu: and the old folks wished them well
mircea_popescu: if anyone want to join in on this effort ...
mircea_popescu: <mircea_popescu> sorta like a wanna-be mpoe-pr w/o the zip.
mircea_popescu: <mircea_popescu> and she doesn't seem to me to have handled it too well.
mircea_popescu: <mcorlett> I might just do that.
mircea_popescu: <mircea_popescu> his talents are wasted in that swamp.
mircea_popescu: <mircea_popescu> pm the guy tell him we want him on irc
mircea_popescu: <mcorlett> She handled it well, though: https://bitcointalk.org/index.php?topic=105100.msg1150685#msg1150685
mircea_popescu: <mcorlett> You can show that to your PR girl, Mr. Popescu.
gribble: Best bid: 9.922, Best ask: 9.95, Bid-ask spread: 0.02800, Last trade: 9.922, 24 hour volume: 58909, 24 hour low: 9.66, 24 hour high: 10.42
mircea_popescu: get the fuck rid of that thing.
jcpham: someplace european or tropical where i can drive the shit out of a car would be nice
jcpham: its been awhile since i was able to do the "hop in the car and drive for a few weeks" trip
mircea_popescu: i used to love costa rica casinos.
mircea_popescu: don't screw vegas you'll get the clap.
jcpham: i like tropical
mircea_popescu: play WITH the girls./
mircea_popescu: jcpham it's very nice to play stud/hold'em in the harem
smickles: if we ever find ourselves together
smickles: jcpham: you play poker then maybe?
smickles: mircea_popescu: i thought it was a different word
jcpham: i used to say i was not a gambler
mircea_popescu: about what i thought
jcpham: i was wondering if you were running thousands of tx through
jcpham: oh yes i tested it
smickles: jcpham: i did send a bit to lessthan 1 once
smickles: and there are various addresses for each X value
smickles: mircea_popescu: it takes an hmac of the publicly know secret and your txid, then the first so many characters of that are converted (hex->decimal) the decimal value has to be less than X to wint
mircea_popescu: mm, i have no ideea hopw that thing actually works.
smickles: so what's the naming scheme on sdice? "lessthan X" what does it even mean?
smickles: that's a lame fact. who doesn't snort those?
mircea_popescu: the one where you say you're secretly addicted to snorting nonpareils ?
smickles: mircea_popescu: did you see the recent change to the page?
Bane_Lowercase: is that MPOE-PR?
smickles: mircea_popescu: there arn't many pages on the wiki yet :/
Bane_Lowercase: CHECK THE DILDO
mircea_popescu: now go buy S.DICE S.MPOE and all the rest of the good stuff for them :D
mircea_popescu: blazing might work. more like 10 years tho
smickles: http://www.encyclopediabitcoinica.com/wiki/Bruce_Fagner#Personal_life << see last line in that section
mircea_popescu: apparently this is p harnett
blazing: how many bitcoins do i need to put away so that in 5-10 years i can retire?
Obsi: Depends how much you're willing to pay I suppose
mircea_popescu: copumpkin which one of them ?
smickles: Diablo-D3: i was under the impression that a 'fuck you' was required if someone posted more than 3 lines in irc
copumpkin: and didn't use a trojan
Obsi: someone should quote that ^ out of context
Obsi: I mean to stuff in my box
Obsi: glad they didn't pick me
mircea_popescu: wow so someone tried yeah.
Diablo-D3: did someone just try to attack glbse?
mircea_popescu: so i defer to the elders of the chanel.
mircea_popescu: i'm not expert tho.
mircea_popescu: well tghe only time i had sex with a kitten it was via fresh cream
mircea_popescu: isn't that what kittens like ?
smickles: free cream for kittens? is this a new section for you dtng sight mircea_popescu ?
Bane_Lowercase: "free candy" on the side of his van
mircea_popescu: anyway, ortego, what were you trying to ask ?
Bane_Capital: How many bids are there for MPeX at the highest?
sgornick: July didn't have that + / - breakdown, did it?
sgornick: mircea_popescu: > Total turnover 75 `648 contracts, of which -12`312 +7`100 CALL, -32`472 +23`764 PUT.
Bane_Capital: His money is stuck in that stock for the next two months
asa: lol love the nick
Bane_Capital: I weep for that sucker
Bane_Capital: I though that was 2 million
maximian: Ok, makes sense - thanks
mircea_popescu: per share dividend is the right ammt.
mircea_popescu: but it's paid to 500k shares.
mircea_popescu: so the comp makes 1k and has 1mn shares, you will see 500 btc paid
mircea_popescu: (this is because the shares are non-voting)
mircea_popescu: this is as investor protection, because the owner is never allowed to sell more than half the shares
mircea_popescu: maximian yes, all dividends are halved on mpex because nobody has in their acct but half the shares
maximian: mircea_popescu: Is the latest dividend listed on the s.mpoe page correct? ( http://polimedia.us/bitcoin/mpex.php?mpsic=S.MPOE ). It looks like half of what was actually paid out (thank you by the way!)
mircea_popescu: i tell you one thing, if the total paid accounts ends up being about 4k
smickles: i suspect a pass thru operator mor than pirate, actually
smickles: so can we expect pirate to pay back about 4k now ;D
mircea_popescu: (yes, the fact that the pirate isn't around anymore was also a factor, i wasn't going to allow interest w/o ceiling in a ponzi atmopshere)
mircea_popescu: i doubt there's not going to be 10-100k btc available for that sort of rate, especially in the new economy.
mircea_popescu: historically MPEx makes something in the 5 to 15% range.
smickles: so there is the potential for the mpbor holders to take all profit from the operation. You anticipate the competition bidding will cause this not to occur?
mircea_popescu: so really bondholder can't get more than ALL the profit.
mircea_popescu: if the interest is 2k then the exchange will have made -1k, and the excess paid as interest is taken from the bonds.
mircea_popescu: if the interest of the 2k in capital is 1k btc, then the exchange will have made... 0.
mircea_popescu: and the risk is nil, let me explain this :
mircea_popescu: the hosing of this month forced my hand so to speak. if people can be taken for half their investment they really should be allowed to choose their own %.
mircea_popescu: i was alwyas planning to eventually lift it.
smickles: mircea_popescu: and, what's the risk of only receiving unsustainably high interest bids?
smickles: mircea_popescu: what was the motivation in lifting the mpbor interest limit?
mircea_popescu: wantyed to get it out asap, will fixtypos shortly.
copumpkin: okay, so it's a typo :)
copumpkin: this is auto translated from romanian
mircea_popescu: sky's the limit.
mircea_popescu: anyway. on the positive score, there's no more limit to bond interest rates now.
mircea_popescu: i suspekt i was played tbh.
copumpkin: mircea_popescu: damn, sorry to hear that :/
mircea_popescu: i got totally hosed.