log☇︎
276700+ entries in 1.76s
VanCleef: i gave a new bitfunder ipo a valuation too
VanCleef: okey i'm done breaking it down, will save it for pm mp
VanCleef: alot cheaper i bet
VanCleef: i wonder how much asicminer team costs
VanCleef: okey i jumpt the gun a lil bit :P probaly just logged me out
VanCleef: i went to hit replay and got this message saying notallowed to reply in it
VanCleef: because i exposed their bs valuation
VanCleef: i still don't get the 1miilion dollar valuation, they wont even address it
mircea_popescu: freeroute no, i mean people w/o a wot
afrotec: VanCleef i noticed that too, but the management have already put 150k
Rulother_: I suppose, that'll be nice to have
pankkake: I think he called me "son" once
ThickAsThieves: i must have him on ignore for being a sock
Rulother_: "You're getting harder and harder to take seriously my friend. If you continue to post childish and useless foder I am going to have to reconsider your business expertise and maturity and dump the assets of yours that I own at a considerable loss."
ThickAsThieves: i'll buy em back then
freeroute: ThickAsThieves: no I was just wondering how you could buy Labcoin pre-IPO shares, and whether it was different from buying Smidge.com A shares (which you have to buy directly from smidge). So then smidge asked what was wrong with that, so I replied by telling nothing as far as I know, but if anyone could point out otherwise I would be happy to listen.
freeroute: if anyone cares to share an explanation to why it might be wrong, then I'm all too happy to listen :)
freeroute: or at least, I don't have enough knowledge and experience to tell whether anything might be wrong with that
freeroute: smidge: I don't think there's anything wrong with that
freeroute: (because AFAIK there is no way currently to buy Smidge.com A shares on exchanges, rather you have to e-mail smidge and buy with packets of 2.5 BTC if I'm not mistaken)
ThickAsThieves: must i?
Rulother_: I have a feeling a vast majority of AMC's shareholders are just buying and selling on the short, are moving over to labcoin. I'm not sure how long it will take for amc to truly recover
VanCleef: i'm buying labcoin for 1btc a share
VanCleef: sorry, i ment mpoe
VanCleef: why did i miss out on the .0001
mircea_popescu: Rulother_ not rly, in the sense i dunno who he is so i couldn't be bothered to "fuck you"
afrotec: that's what I took it as
afrotec: i was curious what the sentiment was about the whole thing
Rulother_: That's a nice way of saying fuck you I imagine
dexX7: Namworld: you described how things are, but i don't see a conflict here
Namworld: I can't believe I had to buy ActiveMining shares...
Namworld: I'm not sure they get the point
Namworld: I see people commenting with short words about my "[GUIDE] The Big Guide to Common Bitcoin Investing Faux Pas" about the fact it's good... but they're posting all the time in ActiveMining threads/CoinLab...
mircea_popescu: so boys and girls, i'm sitting here looking at a 500mb zipfile.
mircea_popescu: ThickAsThieves i gotta dig up the convo during the bitbet launch i think it was
Namworld: I'll contribute. Make it 11 weekly.
dexX7: btct can't handle the load i guess
mircea_popescu: <VanCleef> i just sold my house so i can get on the new activemining << this is the new "i'm only 15"
VanCleef: i just sold my house so i can get on the new activemining
dexX7: "Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! "
mircea_popescu: i remember when we were lolling in this chan at teh bitcoin gem
TradeFortress: i promise ANEWMINING
ThickAsThieves: i asked an honest question in that thread
ThickAsThieves: I may submit a No bet
ThickAsThieves: i forgot Avalon too
pankkake: when I talk to people about bitcoin, they instantly ask me about mining - which I never speak about
pankkake: instant free money makes people idiots I would think
kidkrypto: as long as the shit goes up and i can sell, i don't care if it's made by nigerian asics
pankkake: but I don't understand, even if it's "real" and they have a contract going on with easic, it's still… meh
pankkake: wait ok, he says "I called ken" out of the blue, first post in AMC thread
mircea_popescu: and yes, i suspect VanCleef is right. we have a team of scammers working the "investor" angle on the forum.
VanCleef: i think those guys are professionals man
pankkake: I wonder if they're socks or just stupid
mircea_popescu: ThickAsThieves i think you spotted one.
VanCleef: i think its depends on who's issuing the bond
pankkake: I like the possibility to get to the money really fast
pankkake: I wonder if bonds would be better - for me - than something like just-dice
pankkake: I should probably start a real bitcoin business with my time :)
pankkake: what I have isn't worth enough to try to day or week-trade
kidkrypto: hmm 10:30pm, do i stay up all night hoping labcoin goes live tonight or not
pankkake: I just need to find a chinese guy
pankkake: I should IPO my mining company
dexX7: oh, i thought this was your reaction to this madness
ThickAsThieves: kinda funny how right when I wanna drop XBOND, the forum is rabid about Pre-IPO bidding
Namworld: I thought it was a requirement
Namworld: But I guess
Namworld: I was kinda expecting the clip of "aaand it's gone", kinda like instantostrich
random_cat: what is the anticipated AM price? how many shares? i've got some bitcoin burning a hole in my knickers
pankkake: I'm already in too deep, my home is likely to lose value
pankkake: and I just wouldn't invest in real estate right now, unless I really knew the local market, which I don't
dexX7: the worst comment i've read in the kelliworth thread was something like "bah, bitcoin doesn't need real life companies"
dexX7: *solid, i'd say
dexX7: i'd really like to see more business emerging around bitcoin.. not only finance and mining
pankkake: I'll only trust Chinese companies with no websites
Namworld: Oh I know... I'll start a security called AsicMania. AM for short.
dub: wait wait, I can link to a website, its legit
Namworld: What I find depressing is random strangers on the Internet arrive with random ASIC offer on newly registered domains and are instantly worth 10'000-50'000 BTC without anything.
smidge: what i also find depressing is people selling any other security in order to get into the hot stocks
smidge: so if you distribute it via the percentage as i described, you have fair distribution, the price is the original ipo price, plus you can adjust # of shares
dexX7: i guess those are problems which weren't really predictable
dexX7: i think the cleanest way would be to wipe the orderbook and lock placing bids for the time they intended prior the official trading start
dexX7: well, incident is the wrong word i guess. the trading on labcoin hasn't started, but yet there is more demand than the original intended ipo
VanCleef: all the knew shit i just found out about
VanCleef: i bid 20btc
random_cat: anyway, i will continue to make noise from time to time about the logouts. i think you understand the score now
dexX7: i'd add a tor layer so to say but with the same endpoint instead of a seperate new trading plattform - if that makes sense
Ukyo: but i would expect most issuers to get funds
random_cat: i was thinking of crypto/derivative type exchange
random_cat: well, i wasn't thinking of btc/some_govt_fiat exchange
random_cat: i've been thinking about a tor exchange. i am just concerned about the problem from a trade bot's point of view
random_cat: well.. with a hidden service, i can deal :)
Ukyo: i might...
Ukyo: and while i really do resepect ppls privacy. tor is just making it hard to do so
random_cat: i've been seeing a lot of log-filling from turkish ips lately
Ukyo: i almost did block tor the other day
dexX7: i assumed real ddos would have many degrees more impact
Ukyo: i respect ppls privacy
Ukyo: i was debating putting extra shit
Ukyo: and i will try to find a fix for you
random_cat: i log in about once per minute