log☇︎
18300+ entries in 1.297s
jurov: and it's normal on bitbet that if anything gets over 90%/10% there are "just in case" bets arriving that push the odds back to middle
tiberiusiv: 35% chance of bbet
tiberiusiv: 31% are no bets
ThickAsThieves: wow does share the % likelihood
tiberiusiv: they earn a % of total bet volume
Namworld: In Canada, you're taxed on 50% of your gains. Not 100%. But you can get as much as 43% tax on that 50% if you're in the top income bracket. So as high as 21.5% on gains... hmm, interesting.
smickles: considering >90% of sales have been off of S.DICE
tiberiusiv: if it did the yield would be 15%
mjr_: % more today
mjr_: mpoe might be around 10% a year...not sure
mjr_: but pretty sure more than 10%
tiberiusiv: theres no other BTC firms that are paying 10%+ a year...
mjr_: by your logic...with a 0% return on investment...it must be the best deal ever
mjr_: ok...so if 33% of the stocks traded on nyse left tomorrow
tiberiusiv: someone paying me 30% a year in income on my capital
tiberiusiv: 30% yield on a SCARCE asset
mjr_: their return is 30%
tiberiusiv: 30% return in a deflationary currency like bitcoin is massive
tiberiusiv: so how is a 30% yield of BITCOINs not high?
tiberiusiv: if you bought satoshi dice the value of your dividends is in real terms is over 300%
tiberiusiv: satoshi dice dividend has been over 300% in real terms.
tiberiusiv: 30% yield on a deflationary asset isnt?
mjr_: i have dollars lent out at almost 300%
tiberiusiv: jurov: evidenced by the 30% yield
ThickAsThieves: he forget to say a %
tiberiusiv: 80%+ of satoshidice players are US residents
tiberiusiv: if satoshi dice was double in price the dividend yield would be 15%
tiberiusiv: gaming is 100% regulated in ireland. requiring licenses
tiberiusiv: http://www.justice.ie/en/JELR/Casino%20%28Eng%29%20for%20Web.pdf/Files/Casino%20%28Eng%29%20for%20Web.pdf
tiberiusiv: because even a 10% annual dividend in BTC is alot
tiberiusiv: mjr: i dont have to keep going, the market is indicating a 30% dividend for a reason, if it was safe the price of satoshi would be 2-3x what it is now.
mjr_: ie. the 87% of the company which they own
tiberiusiv: hence why it has a 30% dividend yield.
tiberiusiv: satoshi dice has a 30% dividend yield for a reason
mjr_: satoshi dice "we will pay 100% of profit as dividends"
tiberiusiv: collecting at least 2% of that for themselves
tiberiusiv: how do they have 0 profit when hes collecting 2-3% off of $150k a day?
tiberiusiv: and fee %
Bowjob: 10% a year in dividends is really good for a stock.. plus, the price appreciation
Namworld: At 10% yearly, VTX would be worth 0.72 BTC per share
Namworld: and has at least 7000 BTC traded weekly. Let's say an average of 2% in fees taken and that's 140 BTC, divided by 100k shares for 0.0014 weekly per share. x52 weeks = 0.0728 BTC yearly
Namworld: and cavirtex charges 0.5-3% depending on volume.
Namworld: Actually, assets on Havelock seem to hover around or under 10% per year
benkay: http://www.dtu.dk/upload/cesdyn/common%20figures/course-11702/concretebeam-2.gif
ThickAsThieves: i just look to see if i think i might have a chance at 10% or so
ThickAsThieves: needs to increase at least, what, 25% each difficulty ti make X.IDIFF.JUn profitable?
ThickAsThieves: (% from tiberius dont sue me!)
ThickAsThieves: i doubt even 75% of the assets are missing spelling/grammar errors in the prosp
mircea_popescu: ThickAsThieves> i'm playing a drinking game, every time tiberius quotes a % with authority <<< lol
Namworld: I actually get 100% of my income in BTC
tiberiusiv: someone that bought BTC on friday with their entire paycheck, is now down 10%+
tiberiusiv: they would only have done well if they saved 100%
jurov: what 5%
tiberiusiv: vs being down 5% off the bat just in exchange.
tiberiusiv: of which nobody has other then a tiny %
Namworld: Too many % from tiberius
tiberiusiv: if you spent your bitcoins 3months ago on a new television, you just paid 300% more for it then paying with fiat
jurov: no, 90%. if i have btcs on blockchain.info, who controls them?
tiberiusiv: well 80%
tiberiusiv: and 1% will end up with 90% of the coins
jurov: um, and what are we arguing about? i agree that 1% btc users control over 90% of everything
ThickAsThieves: i'm playing a drinking game, every time tiberius quotes a % with authority
tiberiusiv: as i said, we are at 0.001% of total users?
Namworld: There's less than 25% of what's available that's actually good/interesting at all tho.
tiberiusiv: are you aware 95% of oil contracts are speculators?
ThickAsThieves: what % of the price is speculation tho
tiberiusiv: you realize its maybe 10% who are cashing in and out?
tiberiusiv: 90% of exchange volume is speculation, only 10% is for someone who actually needs BTC
tiberiusiv: so imagine 5%
tiberiusiv: 100k which is 1% of bitcoins in circulation would collapse the price temporarily into the 30's
tiberiusiv: its mathematically impossible for even 5% of total bitcoiners to all cashout
tiberiusiv: with the remaining 20% being fought over by the 99% percenters
tiberiusiv: in the end i would say 1-2% of bitcoiners will control 80%+ of BTC
tiberiusiv: 5% of the users control 50%
tiberiusiv: in bitcoin at the moment, about 20% of the users control 80% of the coins
tiberiusiv: and 99% to have little
tiberiusiv: so it will be a natural tendancy even in bitcoin for 1% to have all the wealth
tiberiusiv: look at the bitcoin crowd for example, less then 1% of thetotal "community" contributes anything
tiberiusiv: 1% of traders are profitable in the long term
ThickAsThieves: he meant 9900%
deadweasel: 99%?
tiberiusiv: yes and theres a reason 99% of them lose
Bugpowder: 50% chance they fuck this up
chmod755: like even big services like FB and Google are not 100% secure
tiberiusiv: mjr mtgox doesnt make up a big % of the blockchain transactions
tiberiusiv: its still over 70%
tiberiusiv: considering gox is 80% of participants
chmod755: cyprus is 0.1% of the eurozone
ThickAsThieves: the william % pattern on that chart is interesting
tiberiusiv: bitinstant has like a 25% chance your transfer fails
TradeFortress: Net Estimated ROI/Year @ .01 BTC/share 2,847.47208%/Year*
Namworld: They get to keep 99.9% of everything
Namworld: 1 share of AMC on BitFunder represents 1/100,000,000th of 100% of the monthly profits after all expenses.
mircea_popescu: some wannabe fund that owns what, 2%
Bowjob: 3% fee on both sides
Bowjob: but the 3% is killing me
Namworld: So 0.1095 BTC per year or 25% per year
Namworld: Divided by 100 000 shares (10k IPOed for 10%), that's 0.0003 BTC per day
Namworld: Assuming an average of 2% and daily trading of 1500 BTC
Namworld: Actually, fees on cavirtex are 3% to .5% depending on volume...