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mircea_popescu: meanwhile the same government paid its own employees a full 100%
mircea_popescu: "Plaintiff seeks to make his case solely upon the theory that, by reason of the change in the weight of the dollar he is entitled to $1.69 in the present currency for every dollar promised by the bond, regardless of any actual loss he has suffered with respect to any transaction in which his dollars may be used. We think that position is untenable."
mircea_popescu: but if stupid consumers did half of it ? then they could buy it... again.
mircea_popescu: wouldn't those have been great if the farmers didn't have to pour 100% of the milk poured,
mircea_popescu: always made me think of the 1930s milk pouring exercises
mircea_popescu: "pour your milk in this hole, we'll pour some more milk after it"
mircea_popescu: decimation used to work fine up until they started hiring idiots.
mircea_popescu: these are very insulted by a flat refusal to allow chumps at table.
mircea_popescu: asciilifeform this takes us to the deep reason mpex is oft maligned on the sm : reddit, tardstalk et all are mostly made up of would-be daytraders, in their own head.
mircea_popescu: asciilifeform sure, the other market participants do want it. the corp tho doesn;t.
mircea_popescu: fifty milion idiots with 10 dollars each made britney spears a reality.
mircea_popescu: well, he has the say of his buy or sell, whatever it is. that's a say
mircea_popescu: decimation for instance, buffett refused small investors precisely for this reason. fuck you, we don't want your stupid.
mircea_popescu: what exact value would one expect from joe the plumber's knowledge of stocks and the world around him to be passed through his 3k into apple's market
mircea_popescu: decimation i'd say it exists because a wide nonoligarchy somehow got the mistaken impression it should have access to the market.
mircea_popescu: the funny part being that this hft thing is a solved problem, mpex doesn't have it.
mircea_popescu: so there's been a sexchange of bitcoin, experts and investors so far. who's next ?
mircea_popescu: Sep 19 23:03:52 <deizel>bitcoinsexchange.com (later a hyphen is added to clear things up, bitcoins-exchange.com)
mircea_popescu: we are discussing quite different things. i said jitney, you proposed to replace it with painting the tape, i pointed out that that's different.
mircea_popescu: they have just pushed the stock price up fraudulently, and don't want to be raped for it.
mircea_popescu: this is generally why scammers bitch and whine about how shorts are bad :
mircea_popescu: asciilifeform someone could sell (even short) your stock, taking "your" profits you paid to generate.
mircea_popescu: also a little more risky, in the sense you may end up beaten to shit by the market.
mircea_popescu: asciilifeform common penny stock fraud. two brokers pass the stock back and forth to create the semblance of volume.
mircea_popescu: asciilifeform nah. jitney is an unsolved problem in the fiat markets either.
mircea_popescu: <asciilifeform> (one could, in principle, take its real-time published trades and attempt buy/sell, see if it is matched at a particular offer, etc) << fake book != fake history.
mircea_popescu: the internet is, practically speaking, a collection of frogs and cicadas arguing as to which one set is the true operatic singer.
mircea_popescu: so today i learned that mra is a thing. and in the process :
mircea_popescu: i imagine on the mid term nyc will be more like paris huh
mircea_popescu: "CNBC Correspondent, alum @NYUStern (MBA) and @MiamiUniversity, country music & college football enthusiast --- livin' the NYC dream but forever a proud Ohioan"
mircea_popescu: taub what difference does it make, i still have btc i bought at 2.
mircea_popescu: stamp, btc-e, all the play-pretend stock exchanges in history, from glbse onwards, and definitely all the "greatest best first ever" blablas.
mircea_popescu: taub you need to get rated by someone in assbot's l2, then id with gribble and pm assbot !up
☟︎ mircea_popescu: fluffypony so opened on feb 8th at 0.025, peaked at .1, then piefaced towards 0.015ish. is it dead ?
mircea_popescu: well, they've been going to shit for a while, but the slide is accelerating
mircea_popescu: <Hiro2> could anyone tell me why ASICMINER is no longer giving out dividends? << asicminer seems to be going to shit.
mircea_popescu: <fluffypony> wasn't there a kick up recently about Havelock not actually being registered in Panama? << yes.
mircea_popescu: <pankkake> try the electrified butt plugs << actually those are kinda bad for you. there is such a thing as electric burns of the mucosa.