1036500+ entries in 0.801s
mircea_popescu: if
there's not enough
to fill in i step in and supply
the capital.
mircea_popescu: a a. normaly
the options are financed by a sort of bond auction
BTC-Mining: Says
there you're lending funds
to MPOE for a 2% premium for
the purpose of having
the funds need for all ongoing open calls
mircea_popescu: in no way, Ignatius-otc1. it finances
the options sold.
mircea_popescu: srsly, read
the explanation in
that last link i put up
mircea_popescu: you're better off putting your money
there
than hussling for .5 a week
BTC-Mining: No, stricly for
trading with
the funds.
BTC-Mining: Bye
the way, no one interested in giving perpetual loan
to me for 0.5% weekly? I have very good backings eh
Ignatius-otc1: I would like options access but currently mpex is out of my budget. Hopefully in
the future...
mircea_popescu: o, yea, and you can also get margin (provided you're an established
trader).
mircea_popescu: it's also
the only place where you can
trade options,
the only place where you have margins, and i don't recall if
transfers are still free or not on glbse, but anyway.
mircea_popescu: if you'll
trade more
than 2,5k or so you're better off on mpex
mircea_popescu: if you will
trade less
than about 2k btc you're better off on glbse
mircea_popescu: i
think it's pretty simple, on glbse you get free account and 1% fees round
trip. on mpex you have
to ante 20 btc and fee is .2% round
trip.
Ignatius-otc1: Sorry for my ignorance, but I currently
trade on
the GLBSE and
there are no fees
to have an account
there. What is
the purpose of
the 20BTC fee for an account?
Ignatius-otc1: Can you explain
that or link me
to
the explanation for such a large fee?
mircea_popescu: if anything it will increase in
time. i haven't yet because
the btc doubled.
Ignatius-otc1: mircea_popescu: is
there still a 20BTC fee
to open an account with MPEX? I found someone with an account who would place orders
there for me, but he wnated 10% roundtrip.
mircea_popescu: i'd be more worried about december halving. i don't
think at
the curent bumbling pace
the various companies will manage
to deliver enough asics for diff
to double
mircea_popescu: i hold quite a few gigavps bonds but im hedged entirely, just
the depositary.
mircea_popescu: the reason i wouldnt put money in mining atm is
that i imagine
they will be hit by a double whammy of deprecviation
BTC-Mining: Yes, quite simply mining it seems... look at
that, JTME
takes 25% of shares... + deducts all expenses before giving dividend
BTC-Mining: I don't know,
there's so many
tickers I don't follow/watch on GLBSE
BTC-Mining: I was referring
to
the
the purchase in my own issue by
the way which happened just a bit before
BTC-Mining: I just noticed
there was .ETF just before you asked
mircea_popescu: [GLBSE] [MPOE.ETF] 100 @ 1.5 = 150 BTC [+] <<
that's what i was
talking about.
BTC-Mining: I
think we're not
talking about
the same
things
mircea_popescu: BTC-Mining i was pretty sure it was .1 ? back in
the old random allocation days ?
mircea_popescu: anyway what
the fuck is
this, who buys guns
that
they can't dissasemble/reassemble ?!
mircea_popescu: "The requirement for
the customer
to assemble
the weapon also hampers usability" ok
this is
the stupidest
thing i ever hear
BTC-Mining: Lots of earning on
those options it seems
BTC-Mining: hmm, what are
the MPOE? Options? Ah...
BTC-Mining: Hmm, ideally, create one share per (minimum investment value) and split it
to current holders
DeaDTerra: GBF is no where, but we plan
to register on GLBSE later on possible.
mircea_popescu: <assbot> [GLBSE] [MPOE.ETF] 475 @ 1.12 = 532 BTC [+] <<
that.
mircea_popescu: dude, srsly.
there's exactly one business in btc world making k's of btc a month.
that's mpoe.
BTC-Mining: FPGA, meh, no. Because it's fixed
to FPGA and with ASICs coming soon...
BTC-Mining: Already got 30 shares and might only buy a few every now and
then
BTC-Mining: Well if anyone has bulk volume
to sell, I need
to purchase more stock
DeaDTerra: it's all paid at
the end of
the loan
then 3000$ is paid back
mircea_popescu: DeaDTerra did you
talk
to copumpkin about buying
the loan ? i
think he was
trying
to get a refinance business going
mircea_popescu: actually, is
there any evidence of matthew n wright ever paying a loan back ?
DeaDTerra: I have been working on selling it off for
the last couple of weeks but
the liquidity has been very low xD I guess
that doesn't matter now anyways, I just hope
the investors gets some kind of payment back.
Chaang-Noi: ill invest with you again deadt but only after
this gets cleared up and
that loan
to matthew gets
taken off
the books, i highly doubt he will pay it back
DeaDTerra: Indeed, I will do my best
to
try
to wrap
this up, but considering
that's what I have been doing for
the last couple of months I don't
think it will help much ... sigh
DeaDTerra: oh well, done is done. It's easy
to be smart in retrospect.
DeaDTerra: I will, I will never put my name on something I don't controll, and if I do it has
to be clearly stated
that I only do x and y. Because with rebate suddenly instead of a
team and a massive budget we had a confused investor (that's me) and a single developer.
Chaang-Noi: jro and matthew w should not be
trusted :/
mircea_popescu: and everyone should. all
this supporting people you aren't married
to... srsly.
DeaDTerra: Yea, when I realized
there were cracks I should have stepped away, instead of
trying
to improve it
trying
to force justice and development.
rg: i need
to pay a $600 bill
rg: and realized
that a stock
trading channel is probably not
the best place
to make it
DeaDTerra: Thank you, Feels good
to know
that people don't doubt my
trust even
though I did a major fuck up.
rg: i was just about
to make a joke
DeaDTerra: Well I have learnt, hopefully
this will never happen agai for me.
rg: before
they start handing over
their moneyt
Chaang-Noi: and dead, you were about
the only person who i let have my coins
rg: all i did was ask people
to ask questiions
DeaDTerra: When
then
things started
to go worse, I
thought it was just some development errors it will soon be fixed.
The actual
truth
that a rebate was not being developed and b ZipConf didn't work as intended was not
told. Instead
they said it's being worked on or being delayed.
DeaDTerra: Well, when I first started with JRO he has a
team, he had a vision and a sound idea. So I helped him, I put my ass on
the line. I invested heavily into him.
mircea_popescu: DeaDTerra i still don't see why you'd bother from
the get go.
Chaang-Noi: rg i posted on
the forum
that his "magic" was bs and made clear mathew w was in
the pay of jro for setting up
the scam...
DeaDTerra: Yes my decisions have might have been questionable but I have always made
them for
the right reason. Always pushing for justice for
the share holders.
DeaDTerra: For Rebate he disapeared and I had no contact for a long
time
then he got back and
told me Alberto was now in charge and I have been workign with it ever since
to
try
to make it correct
DeaDTerra: Yes I was kind of covering for him, he
told me
things was delayed and
that it would soon be up and running. naively I belived him and as long as he payed
the dividends i
thought it was okay.
This is for ZIP.A
rg: zipconf
turned out
to be shit?