log☇︎
281900+ entries in 1.882s
mircea_popescu: i could prorate, i just don't see that i'd have to.
mircea_popescu: because i'm of the school that the respective charge belongs in month 2 and is reported in month 2
davout: either you account for them on a monthly basis (which i've never seen, but this is BTC after all) or on a yearly basis, you seem to go for the former, so my question is "why don't you start accounting for an expense of 1/12th of the server value on month #1"
davout: anyway, i had a question regarding the financial statements
mircea_popescu: i imagine exactly the contrary.
davout: (and i read that correctly on the MG statement, you have as much outstanding warrants than issued shares, right?)
mircea_popescu: anyway. i did include a disclosure, so.
davout: that's not what I mean
davout: no, i mean, will the shares be created out of thin air ?
davout: i need to re-read how they are defined
davout: yea, it's not "debt", guess i misused the word :-)
davout: i'm not really sure about what you said earlier about the warrants
davout: i'm not sure of the nuance you're making here but if it's something saying that the shareholder can't simply knock on the door and get the nominal value of his share paid to him then i agree :-)
davout: mircea_popescu: i'm getting hard, let's go on
davout: the way i define capital is "the debt to the shareholders"
mircea_popescu: ya well, i can't make 12 columns as i don't want to turn my blog into an aicraft carrier
davout: mircea_popescu: i'm more used to have it presented in two different columns but the info is here
davout: mircea_popescu: i am pleased
mircea_popescu: may i bitch ?
mircea_popescu: i don't think 500 page reports are actually useful in btc atm
mircea_popescu: but i guess that's kind of redundant anyway
mircea_popescu: okay. i kinda have to ditch the start/change/end format then,
davout: thestringpuller: i tell my friends i don't like fat chicks
mircea_popescu: what i like makes no difference, this is biznis neh ?
thestringpuller: I see
mircea_popescu: if we agree it makes no sense to spend over 100 btc then i want something like 10%
mircea_popescu: it's negotiable in the following sense. you have a game which we suppose agree took 1k btc to make. if we agree it's sensible i spend 1k btc pushing it then i expect half the revenue.
davout: mircea_popescu: i think an assets/liabilities is quite useful, i think it gives a quite synthetic and understandable picture of the situation, it is expected by people who are used to accounting, and is easy enough to understand for anyone who has any business reading financial statements anyway
thestringpuller: i know that is negotiable
thestringpuller: i guess we will see next week
mircea_popescu: which is frustratingly vague, yes, i know
mircea_popescu: davout cause i figured this is much shorter, easier to read and easier to comprehend by even moderately literate business ppl.
mircea_popescu: i don't argue that.
mircea_popescu: well the wow too, but from wow i didn't expect anything
mircea_popescu: thestringpuller i was invited in the beta of eq2 and wow - they came out about the same time
thestringpuller: so i don't know mircea_popescu if you've played eve
mjr_: i would "recommend" reading REAMDE, it talks a lot about such things and I hope this becomes something like that
mjr_: and i think you are doing that
thestringpuller: but that's what I'm getting at
mjr_: i like this already
thestringpuller: by unique I mean player bound
jborkl: I would steer clear aof said user IMO
mircea_popescu: if you mean the rpg, here http://polimedia.us/trilema/2013/statements-regarding-the-mmorpg-under-development-i-v/
mjr_: where can i read about it?
mircea_popescu: it's right in there you know, the 2nd paragraph of point i
mjr_: or should i say, 24hvwap
ThickAsThieves: I noticed Chaang-Noi disappeared ever since his buddy Garr255 got caught socking
mircea_popescu: o i c
ThickAsThieves: when i first posted in there i was like hmm i need to gtfo
ThickAsThieves: i was actually just thinking a few days ago, wondering why everyone trusts coinlenders
ThickAsThieves: " I have concluded with 100% doubt that he is an alt of pirateat40."
pankkake: oh, bitfury. I read it as furry asics
kakobrekla: for the infidels dunno i would need b
Diablo-D3: I cant quite put my finger on it
kakobrekla: sorry i have been up for too long
arij: can i order
kakobrekla: well i have the capacity but dunno if theres a will
kakobrekla: well i got em 10 min ago
furuknap: So, apparently, I'm going public. http://bfmines.com/2013/07/01/update-bfmines-approved-trading-commences-wednesday-july-3/
Diablo-D3: http://i.imgur.com/IS9ol.jpg
mircea_popescu: gotta bear in mind i'm unembarassable, which may be a required feature.
furuknap: Yeah, I'll use that the next time my embarrasing fetishes come out too...
mircea_popescu: i was thinking about finance and jam jars.
furuknap: I'm more interested in knowing why you googled that...
mircea_popescu: http://3.bp.blogspot.com/_Uy2jpMqNnio/TN7o-WO1y1I/AAAAAAAABZM/M11uF6RsO3M/s1600/muslim-attack-goat.jpg << i googled buttsex with a goat and that's what it gave me
mircea_popescu: i guess you all missed out on that hot stuff huh ?
mircea_popescu: im not sure i want to grace the body of an idiot
furuknap: I'm nore thinking that people can be useful as replacement bodies after their heads have been confiscated.
mircea_popescu: kakobrekla yeah. except i still can't short it.
Namworld: I want my 696 shares back... and sell them now instead
dub: thestringpuller: I checked base goog, looks stock, what are you seeing?
thestringpuller: That's why I can watch Arrested Development for hours on end
thestringpuller: I find everything amusing.
pankkake: I don't understand why people don't get PMBs. it can be summed by "buying mining hardware but not operating it yourself"
dub: back when difficulty was rising more predictably I would have agreed, now I feel they are a certain loss
furuknap: I think it's quite possible to make money on them; in fact, if I hadn't gotten today's vote, I would have listed privately with a form of guarantee. I may still, haven't decided, offer that guarantee.
furuknap: I'm writing one more now, specifically on my asset, to give people proper and thorough warnings about the risks involved.
furuknap: I've written two articles on PMBs. http://coin.furuknap.net/understanding-mining-bonds/ and http://coin.furuknap.net/are-perpetual-mining-bonds-scams-not-really/
furuknap: You may have misunderstood something. I don't think PMBs are shit. I have never intended to write anything to that effect either.
dub: you havent? sorry I mussed have my bloggers crossed
furuknap: Uhm... I've written that PMBs are shit?
furuknap: Seems I got my fifth vote.
benkay: there was a community? i thought it was just a small pool filled with large sharks and miscellaneous lampreys
FabianB_: naemsi: i guess the counterparty on mpex shouldn't be a problem
naemsi: i think i'd be ok with non-liquidity since i want to own them more than trade them, but i am concerned about counterparty
thestringpuller: I FELT YOUR PRESENCE mod6
mod6: perhaps i blocked it out.
mod6: i had forgotten about the whole "fan-club" work-around idea. haha.
mod6: the nasty mining (i don't really follow the miner orgs as much)
mod6: oh, heh, think i misunderstood
mccartyb03: he didnt use it enough, i kept offering to take it off his hands but he never went for it. moved to the other side of the country a few months ago
mod6: 3D printing is in its early stages, but i have high hopes for this technology
mod6: i broke my foot once, and i had a cast from my toes to just below the knee. it would be bad to try to slide that on. it would be better if it was an upper and a lower part that clasps together.
mircea_popescu: i have tried and therefore.
thestringpuller: I meant power-wise
mircea_popescu: i think that's the postcunt.
mircea_popescu: i've been saying this for ages, but apparently i've been too genreblind to realise the implication.
mircea_popescu: i actually don't even know which space wars is.
mircea_popescu: wow i managed to do this right for once.
benkay_: i on the other hand encourage further incendiary talk