log☇︎
1027400+ entries in 0.72s
BTCHero: how can it not work at this point
BTC-Mining: It makes no sense to keep interest going, say those interests are bleeding him, and the fix to be paying everyone all at once...
Ignatius-otc: nothing new, excuses, no timeline...
MoneyIsDebt: maybe the real news is that he has no market influence any more
Chaang-Noi: no timeline
bitfoo: no timelines
MoneyIsDebt: seems the market is not moving on the news though
Jackmaninov: first time I think he's sounded uncertain...
EmanuelDeOrtego: It's becoming more and more obvious that he doesn't have the BTC.
mircea_popescu: scumbag dude. pays 11 people worth 500btc total
MoneyIsDebt: saying he'll release all at once might be an attempt to bring the btc price down
mircea_popescu: gotta give people shit to mull over.
MoneyIsDebt: or simply stop interest when he shut down the operations
mircea_popescu: btc is going up, he;s a two bit hustler.
mircea_popescu: let's face it, he can't pay in the indefinite future.
Chaang-Noi: to cut down interest payments would it not be faster to pay off people when he had coin, and not just wiat until he had it all?
EmanuelDeOrtego: They are going to be pissed off because it will be a long time until he pays out.
EmanuelDeOrtego: Whenever the market collapses.
EmanuelDeOrtego: I'm going to be forced to pay everyone out at once...
Doffx: I dunno, I hope that means hes going to payout
Gladamas: if you want to put it that way mircea
Jackmaninov: yeah, my bad, only looked at the last few trades
rg: [20:06] <+Gladamas> <pirateat40> At this point and in an attempt to stop the bleeding (interest) I'm going to be forced to payout everyone at once, which I'm sure will piss off enough people to counter the lack of payouts but I don't see any other way of handling this.
rg: [20:06] <+Gladamas> <pirateat40> I'd just like to say, I never expected all this madness when I shutdown BS&T. It's been a lot more work than I could have even thought and I simply messed up. In hindsight, I shouldn't have stopped things so suddenly. Although it was nice to finally get some sleep, things have been spiraling out of control this week and pushing my personal deadlines.
Jackmaninov: lol, pirate appaears and TYGRR.BOND-P rallies :)
bitfoo: I just bleed money, even in the puddle
smickles: sealswithclubs.eu is where most people seem to play
smickles: <once it was known that the people could play poker, they never once returned to -assets>
smickles: wow, just won a pot about as large as the max buy in with highcard
EmanuelDeOrtego: I want to imagine a judge reading that
MoneyIsDebt: Which asset is that?
EmanuelDeOrtego: "4.2. This contract is the sole and complete agreement between the parties. It may not be modified by third parties, irrespective if said parties should style themselves "court of law", "judge" or otherwise. "
mircea_popescu: just wiped a guy. kkk here 888 there. 11k
mircea_popescu: or thereabouts
mircea_popescu: they're noobs tho, dun kno how to play this game.
smickles: but then, maybe my mouse will quit again
Doffx: Ahh fuck all I have is .0035 after that transaction fee, I think ill buy 1 GSDPT with it sweet!
smickles: clearly, you are playing above my tolerances tho
smickles: hmm, i think i still have about 2 btc there
smickles: from there he slowly recovers tho via ebb and flow
smickles: lol, i remember this, but it's entertaining to go over it againg
mircea_popescu: i think that was on old rake.
EmanuelDeOrtego: There's still the Speculative value
smickles: aww, that's too bad
mircea_popescu: august pays no dividends to stock. september could be -500 btc
mircea_popescu: it could be uber sweet, is the thing. we see.
smickles: i had the wrong number for august's profit
markac: TypeError: unsupported operand type(s) for /: 'tuple' and 'float'
mircea_popescu: at most there could be splitting if the prices get out of hand
smickles: it makes some investors feel like they get more, and it makes the companies feel like they pleased their envestors for no cost
mircea_popescu: so if some companies jumped in the river...
mircea_popescu: what sense would that make ?
smickles: mircea_popescu: does mpex have to capability to do share based dividends, rather than cash?
mircea_popescu: well, some say too low some say pretty good...
smickles: imo, for this sort of venture
mircea_popescu: course, if we had a year's worth of data. but there's pretty much 4 months of which prolly the first is meaningless anyway.
mircea_popescu: nah cause their actual bids are up significantly.
smickles: just variance tho, like a red streak in roulette
smickles: we should either use the statistical expectation, or the alltime actual data
smickles: but that is a bad number to look at,
mircea_popescu: it went up this month
smickles: they claim that 19 based on the past 30 days performance as of their posting on the 24th
smickles: then what is that cedus guy in the forums saying that the forward dividend yeild is 19.15% for?
BTC-Mining: Seems like a traditional company valuation
BTC-Mining: 0.000029 per share then it seems
BTC-Mining: What his the net profit each month currently?
BTC-Mining: Seems too high
smickles: can someone do an independant calc here, i figured the expected dividend per share each month should be 0.00005505
mircea_popescu: entirely within his right to buy up however many shares.
BTC-Mining: We'll see how it goes, also with the new design and all
mircea_popescu: tbh, irt going to 50 i could see. it going to 70 seems a little rich.
EmanuelDeOrtego: People claiming all the dividends in one swift valuation.
EmanuelDeOrtego: I need to sell when that happens. For some reason I wouldn't doubt it holding there though.
BTC-Mining: The other days they were selling at 70 =/
mircea_popescu: as opposed to buy at 35-40-50 etc
mircea_popescu: i wonder how many people have the sense to put bids at 34
EmanuelDeOrtego: Let's see if somebody is stupid enough to buy it up to 70 again
EmanuelDeOrtego: 300000 total
mircea_popescu: o did they even sell that much ?!
EmanuelDeOrtego: I wish I had enough money to buy them all.
EmanuelDeOrtego: Bubble time.
BTC-Mining: SatoshiDice transactions just keep going up...
smickles: and that it has already beaten the statistically expected dividend
smickles: as to the issue of the dividend, i think evoorhees did mention total profits month to date
BTC-Mining: Oh, total valuation
EmanuelDeOrtego: I just lost the credentials.
EmanuelDeOrtego: I had a 1000 BTC loan on that.
EmanuelDeOrtego: smickles: Used to.
mircea_popescu: anyway if the most recent data holds i can see it going to 50
EmanuelDeOrtego: and he will have a natural monopoly for some time
EmanuelDeOrtego: I am trying to guess the top on Satoshi Dice but it's hard without a dividend yet
mircea_popescu: smickles it's some bizzare/useless wannabe-option thing
smickles: is it better than buying a call?
EmanuelDeOrtego: If Meni gets bot up for POLY.10.1 I'll buy the rest
EmanuelDeOrtego: It's getting there soon
mircea_popescu: ;;later tell deadterra almost out of asks on gsdpt again
EmanuelDeOrtego: Well, if anyone what's the scraps of GDSPT come and get'em
mircea_popescu: is glbse manual too ?
BTC-Mining: I always get my money on time...
EmanuelDeOrtego: If it shows up tonight, that's good enough.