log☇︎
1035200+ entries in 0.774s
smickles: ciuciu_: I only ask because you've been in the habit recently of trying to discredit MP
mircea_popescu: let me spare the dood some work, apparently he's not just misguided but also inept
mircea_popescu: ahahaah WHAT THE FUCK
smickles: < ciuciu_> Hey smickles: Do you know Mircea is running a porn site? << is that supposed to be a bad thing?
Diablo-D3: what language is that?
mircea_popescu: http://polimedia.us/bitcoin/mpex.php?mpsic=B.MPCD.A how's that look to you then ? :D
mircea_popescu: haha EskimoBob, just the man i wanted to see.
Diablo-D3: oh, I have enough of that already
mircea_popescu: ya, 1% of enough money to buy all the bitcoin magazines wright will ever print in his lifetime.
mircea_popescu: im just jealous he's making 100 btc on this deal :D
imsaguy2: I think nanotube was bought out
mircea_popescu: yeah. i can see that. tho the litigant in me... :D
nanotube: so i'm not going to decide the bet on minor technicalities
nanotube: mircea_popescu: yea, i'm no lawyer, so the agreement is not foolproof. but the spirit of the bet is about pirate honoring his obligations and actually being in possession of user funds
mircea_popescu: or that
jcpham: this week shit is too much
jcpham: you can tell we are long because we go by the month
imsaguy2: I just watch to make sure they pay once in a while
imsaguy2: smickles does all the heavy lifting
jcpham: imsaguy2 tag
jcpham: most of the women are promised to me already however
mircea_popescu: nevertheless the letter of it was borkt.
mircea_popescu: course coupled with the dissolution clause it'd seem your interpretation follows the spirit of the agreement
mircea_popescu: so while the guy didn't change the terms of service... he did change the terms of its outstanding deposits.
jcpham: not sure what the big deal is
mircea_popescu: nevertheless, the contract you said says
jcpham: i've been expecting falling rates the whole time
nanotube: because that's already included in the tos.
nanotube: so by changing rates, he's not changing the tos
nanotube: no, existing tos did not specify 30 days
nanotube: basically, the existing tos said pirate can change interest rates upon notice.
mircea_popescu: ToS changes section and advance notice thereof, was to make sure that users are given ample notice for any unexpected material changes."
mircea_popescu: "Since the existing ToS includes the provision for pirate's ability to change interest rates "with notice", this latest change in interest rates does not violate the terms of the bet contract, even though it did not itself have a 30 day notice. The term "interest rates" was only used as an example of terms that may change in ToS; the list of examples was not intended to be either exhaustive or necessarily-inclusive. The point of the
mircea_popescu: "BTCST has the right to change the terms of its outstanding deposits at any time, as long as there is advance notice of at least 30 calendar days."
mircea_popescu: ok i fail to follow this nanotube
mircea_popescu: o you use those water vapour things ?
rg: if they did i would use them
mircea_popescu: visit the proctologist clinic, they usually keep a supply.
rg: probably wnot be here today
mircea_popescu: i think mickey carver is like the most competent accountant active with btc atm.
jcpham: smickles is supremo A #1 tops
rg: im waiting for some shit in the mail
rg: for long standing acts of trustworthyness
mircea_popescu: with bitcoin tattoos.
mircea_popescu: and tits.
rg: i trust smicklse
mircea_popescu: give them free cookies shaped like bitcoins
jcpham: what's this...
mircea_popescu: somebody needs to organise an event for hedge fund managers
mircea_popescu: jcpham http://trilema.com/2012/sa-ne-jucam-de-a-investitiile-n-bitcoini/#comment-78745 read the part about bonds there.
smickles: we speant the cash which we received last month
mircea_popescu: but how can that ammount to a loss ?!
smickles: the fund had a better dividend last month due to some options and such
BTC-Mining: Someone care to explain? I think I missed a few things
mircea_popescu: btw, is imsaguy2 running a bank yet ? or still doing the whole shadow hedge fund manager thing
smickles: mircea_popescu: mpoe.etf pays last month's dividend in this month
smickles: now we're removing the conflict of interest
smickles: ciuciu: it is a bit of a kludge, but the only funds s²cm has with imsag were the funds that were with him b/f he came on as CIO
jcpham: I'm approximately 22% complete in my journey to over9000
mircea_popescu: smickles conceivably it will take some capital hits yea.
smickles: mircea_popescu: well, i would have had a goal of 3 to 5%
jcpham: i need to move funds to this glbse thingamajig
mircea_popescu: but srsly, buying equity tranche is not for the faint at heart.
smickles: mircea_popescu: if i had the funds personally, i would have already done that with 'C'
smickles: jcpham: imsaguy has the funds right now
mircea_popescu: lol then resell at premium
jcpham: leave none for the rest
jcpham: pull the trigger
mircea_popescu: actually mpcd.a is i think the risklessyest asset in all of btcland.
mircea_popescu: or just buy the mpcds
smickles: it come at the cost of risk, usually, jcpham
mircea_popescu: well, buy a mpoe bond, or else open a mpex acct if you don't have one already and trade
mircea_popescu: jcpham there's a number of ways.
smickles: mircea_popescu: combine that with the valuation allowance
smickles: mircea_popescu: it's the GAAP way to do it
mircea_popescu: wow price stayed the same ?
mircea_popescu: a that's too kind.
smickles: heh, ciuciu, you just reminded me of that pic of elon musk w/o an undershirt
mircea_popescu: not that i particularly want to, but anyway.
mircea_popescu: i think i can realise about 100k on polimedia alone
smickles: so, if bitcoin goes to 100 usd per coin, i prolly won't cash out
smickles: that house in columbia pretty much means i don't pay federal income tax
smickles: mircea_popescu: oh hyeah, i have paper losses for tax purposes too :/
mircea_popescu: smickles you neglect the part where i have a lot of money and tax purposes.
smickles: mircea_popescu: i figured it out, as a 'merican, culturally, i don't think losses in business are a bad thing. ya know, the whole learning from failure thing that has propelled business like Apple and such. I suspect ciuciu isn't 'merican
mircea_popescu: theymos omg feed the hamster!
mircea_popescu: anyway, http://trilema.com/2012/aventurile-zilei-in-imagini-plus-o-mie-de-cuvinte/ for the full set (+ some words in obscure languages)
smickles: mircea_popescu: i like all the art you spread
usagi: I like the hemline
smickles: so it's not thrust'', it's 'thrust with a d'
mircea_popescu: allow me to derail the conversation then http://trilema.com/wp-content/uploads/2012/01/aventurile-zilei-17.jpg
smickles: usagi: thrust?
mircea_popescu: what i want to know is how does sera make those sexy curved arrows !
smickles: all that shit you are saying about him and you don't -1 him on the WOT?
gribble: Trust relationship from user ciuciu to user mircea_popescu: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=ciuciu&dest=mircea_popescu
gribble: Trust relationship from user smickles to user usagi: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=smickles&dest=usagi
mircea_popescu: jesus apparently i know you through everybody in this chan
gribble: Trust relationship from user usagi to user mircea_popescu: Level 1: 0, Level 2: 5 via 3 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=usagi&dest=mircea_popescu
gribble: Trust relationship from user mircea_popescu to user smickles: Level 1: 3, Level 2: 19 via 11 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=mircea_popescu&dest=smickles
usagi: i trust smickles via rg.