log☇︎
319700+ entries in 2.085s
mircea_popescu: i suspect that'd make it more c onfusing.
mircea_popescu: smickles yeah i guess, but for one i'd end up with having to round interests.
mircea_popescu: smickles i really have to come up with a better accounting scheme for this, it confuses EVERYBODY
mircea_popescu: it's where i always find mine
mircea_popescu: i have no idea. irl futures rarely deliver
smickles: I just need to be reasonably sure that it's not illegal for you to do ;)
thestringpuller: I think as mircea_popescu said, it'd be more like a contract settler
smickles: but, as I am trying to become a CPA in the future, there are ethical guidelines I need to adhere too
smickles: thestringpuller: essentially, if you set up a foreign company to do this, and get a lawer to look it over and say it's ok, then I could
smickles: thestringpuller: I don't think I could take you on as a client if I suspected your business operated in violation of the gov't's rules
EskimoBob: ask yourself: what is the value I am offering to my clients?
EskimoBob: and I recommend looking around a bit. who is your competition for start
smickles: heh, thestringpuller i don't see anything about the accountant needing to be registered with the nfa
thestringpuller: smickles: i refuse to be regulated, if money launderers want to by lots of coffee let them
EskimoBob: and that's why I am telling to use distributors that are set in those countries. Not sure, what the value is you actually add to the deal but this is up to you to figure out ;)
mircea_popescu: smickles at the leves involved i would imagine this would simply count as contract sourcing.
mircea_popescu: well, futures are not commonly used for procurement irl, but that may be different for btc i guess
thestringpuller: also with physical delivery of a futures contract I imagine with something like cocoa it'd be a way to move cocoa from a place of high supply to low demand
EskimoBob: thestringpuller: I am not sure why is this even important. BTC is just a way to transfer fiat
smickles: thestringpuller: from what i'm reading, it is generally illegal for 'mericans to offer futures to other 'mericans, unless it is done on a US regulated exchange
smickles: thestringpuller: you must know i'm not an expert in commodities trade regulation
thestringpuller: i was just trollin'
thestringpuller: i thought you were a scammer
Diablo-D3: frankly, I think they're hiding in the fridge
thestringpuller: i meant, when the spanish inquisition comes
thestringpuller: mainly because I feel this will get regulated
thestringpuller: well less help with the model and more with the accounting, I would like to retain your btc accounting services
smickles: If you really need help with a pricing model, I can probably help you punch the numbers into one of the standard formulas
thestringpuller: if I can prove that the capital is a done deal
smickles: thestringpuller: I'm not familiar enough on practicing the business in 'merica to render much of an opinion. but Ideally, it sounds easy. make contract, honor the contract
thestringpuller: i think they call that molestation
thestringpuller: i mean if you can make it so I have control and it's in another country (some vehicle to do that) I'd rather go that option
thestringpuller: cause I live here?
thestringpuller: i mean I can send people to columbia or wherever the fuck the farm is and they can set up a trailer office there
thestringpuller: i just happen to live here
mircea_popescu: thestringpuller i fail to see the sense, if the cocoa isn't produced in the states why centralize it there ?
smickles: I'm sure there are a ton of regulations to comply with then
mircea_popescu: the mpoe bot is b-s tho. i don't imagine you need something like that if you have price and forecast inputs from the farmers.
thestringpuller: i only keep bringing the bot up because he tends not to lose money in the longterm
smickles: thestringpuller: i'm unsure, but I think we'd only pay tarrifs if we imported things
smickles: and I mean, specifically, things which are illigal where I am or where my immediate family is
smickles: thestringpuller: I can't currently try to pull off illegal things
thestringpuller: i'm workin' hard to move this cocoa
thestringpuller: i'm just being overly libertarian today... :P
mircea_popescu: i have no idea.
thestringpuller: if we are to completely avoid regulation, i.e. paying 0 taxes to the man to support the welfare kids, wouldn't we have to ship from say a private island? or like the middle of the ocean?
thestringpuller: mircea_popescu and I had a good talk :)
Namjies: I'm not that knowledgeable. I'm not a programmer either.
rg: i got it in a magazine
Diablo-D3: pretty sure I havent left anyone out
Diablo-D3: I know stable is glacial, but jeez
Diablo-D3: I dual booted for 2-3 years before that
Diablo-D3: and by move to, I mean fulltime
Diablo-D3: I moved to linux shortly before potato became stable so....
rg: the first linux i used...
smickles: oh, 1 order of magnitude off, i guess
EskimoBob: I moved permanently to Linux on 2002
Diablo-D3: hell, I think thats even pre 2.0
dub: how dod I shot web
dub: I've used linux wince 2001 so I know my stuff
rg: this is who i wanted to do bitvps
rg: i wouldnt let them in if they werent
rg: i really dont think it will be bad
rg: Diablo-D3: i have selected Namjies (BTC-Mining), arij and phungus
EskimoBob: if I can selle my few PT shares back, I am happy. After that, you guys can do what ever you want :)
rg: if i continued to half ass it, yes, it would go under
EskimoBob: I asked about few weeks ago, is BitVPS going under and some cunt here was assuring me, that everything is fine blaa blaa blaa
EskimoBob: OK, nothing new here... I guess
Diablo-D3: if steve told me he writes a million dollar check to them every year I wouldnt even bat an eye
rg: and i can tell you their retainer fee is ridic
rg: i wouldnt wanna fuck with enzu's lawyers
rg: even if theres no real case,i still have to hand it over
rg: and i shouldve jst handed over the ticket
rg: i basically told him to go fuck himself
rg: one guy threatend to sue us cause i didnt answer his ticket within an hour
Diablo-D3: well, I think nenolod scared him
rg: i have to immediately hand it over to him
rg: i dont blame him
Diablo-D3: and by millions, I mean he'd just beat you with a pipe until you stop moving
Diablo-D3: YES RG, I AM TOTALLY HAVING LOTS OF SEX WITH NENOLOD _ALL THE TIME_
rg: youre just mad cause i replaced your boyfriend at rapidxen
rg: and i love my new company
rg: i accomplished this in less than 2 months.
rg: i am now support manager and a lead on the operations team
rg: mircea: i started as a level 1 tech
rg: i used to get into it wit hthier support all the time
rg: its quite funny how i got this job
rg: i will be in the shadows
rg: except for the fact that i work for one of the companies that hosts a bitvps server
rg: i wont be doing shit
mircea_popescu: Nov 17 19:57:25 <_Fireball> honestly, by reading your blog post, I see that you have little idea how futures exchanges work
mircea_popescu: one of the reasons i love irc is the logs.
smickles: < smickles> so a clearing house... it basically holds stuff and keeps a record of who owns it and makes it easy to transfer ownership of the things? <<< i'll add requiring collateral to this
smickles: thestringpuller: do I know any basic linear algerbra? I should think so
Namjies: mircea_popescu: fancy. I say the change.
rbenzaquen: I don't care about the fees.
rbenzaquen: I did not send 30BTC, I don't know to where.
rbenzaquen: I already signed the key.
rbenzaquen: mircea_popescu: can I ask you one more question?
rbenzaquen: I'll look fwd to learn and start operating.