log☇︎
13100+ entries in 0.965s
fluffypony: mircea_popescu: yes - we structured it as: I own 50%, Peter owns 50%, we've diluted our shareholding (equally) for the IPO. he does all the work, I operate as chairman of the board (which currently consists of me and me alone, that will change later)
mircea_popescu: Scott Skyrm If 5 years of near 0% interest rates isn't sufficiently helping the housing market, then maybe the problem lies elsewhere
mircea_popescu: by the way, the last bond auction was a slaughter. yield ended up 3.44% (up from issuance), and the dealers kinda smelled of panic.
mod6: %tslb
atcbot: [ATC Diff] Current Diff: 455357.13 Est. Next Diff: 144827.55 in 1417 blocks (#32256) Est. % Change: -68.19
pankkake: %diff
pankkake: %book
ozbot: 8.001 billion | Next Diff in 646 blocks | Estimated Change: 8.5841% in 4d 2h 9m 13s
benkay: %t
benkay: %t
atcbot: %t | %ticker | %book | %diff | %tx <tx_id> | %bal <address> | %mined | %block <block_height> | %lb | %tslb | %cm | %ptp | %help | %h
benkay: %h
BingoBoingo: %book
assbot: Current MPIF account balance on Just-Dice: 163.97850636 BTC; -0.04374053 BTC (-0.0267%) since last check 16h 10m 44s ago.
mircea_popescu: <decimation> the bigger story is that 37% of fed retirment money is invested in a "fund" that has returned %0.82 year-to-date. << and then we cuss out people for "investing" in glbse&co
decimation: the bigger story is that 37% of fed retirment money is invested in a "fund" that has returned %0.82 year-to-date.
mircea_popescu: meanwhile the same government paid its own employees a full 100%
mircea_popescu: get repaid 55%. tough.
decimation: http://en.wikipedia.org/wiki/401%28k%29 " If the less compensated employees save more for retirement, then the HCEs are allowed to save more for retirement. "
decimation: the IRS "safe harbor" rule is that as long as you "pay" your janitor 3% in his 401k, you can offer any amount you wish to anyone else in your company
mircea_popescu: wouldn't those have been great if the farmers didn't have to pour 100% of the milk poured,
decimation: worse, they will pay 5% to the scammers, on the understanding that you can one day collect
asciilifeform: would you send 5% to nigerian scammers if someone offered to pay you 5% more for the trouble?
decimation: like, we will pay you 5% more if you "invest" 5%
assbot: Current MPIF account balance on Just-Dice: 164.02224689 BTC; +0.00374863 BTC (+0.0023%) since last check 22h 43m 27s ago.
Mats_cd03: i dont experience much (<25%) cognitive decline after 24 hours when i temper it with provigil across the same period
fluffypony: what's the rationale behind investors getting voting rights if they cumulatively own like 10% or 20% of a company? doesn't that seem redundant?
TheNewDeal: anyone here interested in purchasing 1 BTC on YES for http://bitbet.us/bet/677/bitcoin-network-difficulty-14bn-on-bastille-day/ ? I'll give you a 9% premium on current timeweight
bitcoinpete: http://www.americanbanker.com/bankthink/a-modest-attempt-to-ease-aml-rules-side-effects-1067331-1.html?utm_medium=email&ET=americanbanker:e97637:a:&utm_campaign=-may%206%202014&utm_source=newsletter&st=email
mircea_popescu: can you believe, dear assets, that the ticket mafia gypped him for almost 40% of the rent of the venue ?
TheNewDeal: bitcoinwisdom is 5.7 days at 11.6 %
ozbot: 8.001 billion | Next Diff in 898 blocks | Estimated Change: 8.0148% in 5d 17h 30m 56s
Drew: insomniac still owns the festival EDC, but live nation actually owns 50% of insomniac now
Drew: but live nation acquired 50% of insomniac for 50,000,000
Drew: -i-Motion - $12,000,000 - 70% ownership
Drew: -Totem Onelove - $75,000,0000 - 100% ownership
Drew: -MMG - 16,900,000 - 80% ownership
Drew: -Beatport - $52,000,000 - 100% ownership
Drew: -Dayglow - $35,000,000 - 100% ownership
Drew: -ID&T (Tomorrowland / Tomorrowworld) - $100,000,000 - 75% ownership
Drew: -Electric Daisy Carnival - $50,000,000 - 50% ownership
Drew: -Disco Donnie Presents - $50,000,000 - 100% ownership
Drew: my friend has told me that with a 1% widespread usage, with all the BTC mined they would be 1 million USD apiece?
BingoBoingo: -25% to +1500% range
DrewHorne: ThickAsThieves - so if I were able to discuss ~90% of my business plan here, but it involved fiat currency, would this not be a proper place to vet the plan?
assbot: Current MPIF account balance on Just-Dice: 164.01849826 BTC; +0.28271040 BTC (+0.1727%) since last check 22h 56m 7s ago.
mircea_popescu: it's bitbet. kakobrekla can we make individual bet titles read like "BitBet - Bitcoin network difficulty > 14Bn on Bastille day. 85 btc on yes (73%), 30 btc on no (27%), 55 days left (33`212 weight)" instead of just bet title as is now ?
mircea_popescu: <DrewHorne> BUT the investment has a 6000% return, looking for $1,250,000 USD in exchange for 30% equity of a company we will sell for $250,000,000 in 5 years << this should go in my list of "stupid things one should never say"
DrewHorne: BUT the investment has a 6000% return, looking for $1,250,000 USD in exchange for 30% equity of a company we will sell for $250,000,000 in 5 years
mircea_popescu: <ozbot> BitBet - Bitcoin network difficulty > 14Bn on Bastille day. 85 btc on yes (73%), 30 btc on no (27%), 55 days left (33`212 weight).
ozbot: 8.001 billion | Next Diff in 916 blocks | Estimated Change: 7.8962% in 5d 20h 36m 10s
pankkake: and bear mccreary must be doing 80% of tv series
mircea_popescu: sorta like how hans zimmer does like 80% of movie soundtracks that are any good.
ThickAsThieves: even teh FF series, probablty the most popular soundtracks, i bet less than 10% of buyers could name 1 composer
ThickAsThieves: this one uses like 30% of the electricity
mircea_popescu: (urls are encoded, so it'd be %20)
mircea_popescu: BingoBoingo i thought the Y was longer by like 15%
BingoBoingo: %tslb
ozbot: 8.001 billion | Next Diff in 956 blocks | Estimated Change: 7.4079% in 6d 3h 29m 55s
mike_c: pankkake: just 0.1%. i'm not greedy
jurov: not 100% sure but it seemed that way to me
mircea_popescu: there, 70% drop, go doublespend or w/e, show me how altcoin dies because whoa, sudden mandated diff changes.
atcbot: [ATC Diff] Current Diff: 455357.13 Est. Next Diff: 140491.07 in 1544 blocks (#32256) Est. % Change: -69.15
mircea_popescu: %diff
ozbot: 8.001 billion | Next Diff in 1022 blocks | Estimated Change: 5.1830% in 6d 17h 29m 22s
gribble: Legal vodka production falls by one-third in Russia — RT Business: <http://rt.com/business/russia-vodka-production-falls-158/>; Russian Vodka Prices Set to Increase by 30% in July - Forbes: <http://www.forbes.com/sites/markadomanis/2012/05/31/russian-vodka-prices-set-to-increase-by-30-in-july/>; Russia's vodka tax: backfiring – beyondbrics - Blogs - FT.com: <http://blogs.ft.com (1 more message)
pankkake: mongodb is amazing in the sense that 99% of its users do not need it, and create themselves new problems
artifexd: %t
BingoBoingo: %book
atcbot: [ATC Diff] Current Diff: 455357.13 Est. Next Diff: 139713.06 in 1574 blocks (#32256) Est. % Change: -69.32
mod6: %diff
mod6: %bal 1Cunts
mircea_popescu: "Guest95361: I can say with 100% certainty that they have them" lmao do these fuckwits even comprehend how this bitcoin thing works ?
mircea_popescu: %bal 1Cunts
BingoBoingo: %bal
mircea_popescu: mod6 %bal is cool.
mircea_popescu: just, the dollar lost 90% of its value over 2 months
mircea_popescu: %t
mircea_popescu: mike_c: i don't even see how you can ponzi at 50% a month. that is insane. << actually romanian ponzi thing did 800% in 3 months. it paid out for a year and a half.
mircea_popescu: jurov: Death occurs in approximately 10% of cases. << wait srsly ?!
assbot: Current MPIF account balance on Just-Dice: 163.73578786 BTC; -0.07750675 BTC (-0.0473%) since last check 10h 13m 54s ago.
mod6: %tslb
BingoBoingo: %tslb
Guest95361: Crap, you just narrowed it down to 90% of the UK
Guest95361: I can say with 100% certainty that they have them
mike_c: %bal 19zWDQg5Mtpsp3BoYxkq6vr4BL1Kjsua7k
mike_c: %tx 991270b4ca10a02a72305af02406415191748890a70bf1dd20b09b0c3782767c
mod6: %t
mod6: %tslb
atcbot: %t | %ticker | %book | %diff | %tx <tx_id> | %bal <address> | %mined | %block <block_height> | %lb | %tslb | %cm | %ptp | %help | %h
mod6: %h
mike_c: i don't even see how you can ponzi at 50% a month. that is insane.
punkman: "1% on non-trading days" lol
mike_c: making 50% a month? panacea oughta put their money with these guys.
asciilifeform: Apocalyptic: aside from the obvious fact that 99+% of the material found there is junk - no idea.
ThickAsThieves: could end up being 10% more over 5 years
ThickAsThieves: Estimated Next Difficulty:8,676,109,949 (+8.44%)
ozbot: 8.001 billion | Next Diff in 1173 blocks | Estimated Change: 3.9776% in 7d 19h 27m 48s
jurov: Death occurs in approximately 10% of cases.
mircea_popescu: %lb