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nefario: Usagi, have I been attacking you?

Diablo-D3: so all I can do is hope my investors arent sheep and do the right thing

Diablo-D3: I mean, they're pretty revolting, but why remind them of that in public

midnightmagic: nefario: Sorry, is there a post somewhere that details the specifics? I guess I missed it.

nefario: And from your people skills, I guess McDonalds is also out of the question

Diablo-D3: man, I must buy 40 gallon drums of lube on amazon because I fuck investors so much

Diablo-D3: [\\\]: this is why I traded so heavily for asicminer

mircea_popescu: dub i would guess it still holds ~1k in assets.

[\\\]: I should have asked for that sooner

Diablo-D3: its all I could afford to buy

[\\\]: I know its september before someone gets all smartass

[\\\]: maybe I wanna buy some

[\\\]: I'm not implying it would

midnightmagic: lowest ask is 0.05 i think..

[\\\]: do I dare ask what the last price is?

agath: I sell my 10 DMC shares for 0.99 !!! Plenty of fun granted! :-)

Diablo-D3: no, I will just continue asking myself how far are you going to drag this farce along

midnightmagic: How many shares would I need to buy up a majority vote?

nefario: Diablo-D3: what will you say when I issue the motion? Eat your words? Your hat?

midnightmagic: Huh? He said he would? I'm behind aren't I..

Diablo-D3: I doubt smickles wants to

[\\\]: I nominate smickles

Diablo-D3: I liked his management style, but fuck him

Diablo-D3: I already asked him repeatedly to take over asset management so I can do dmc full time

Diablo-D3: if this is what being CEO is like, I never want to be one again.

[\\\]: I wanna be CEO

midnightmagic: I will! Group hug!

nefario: I'm pretty much done

[\\\]: I ain't getting in the middle of the tizzy of nef/d3

[\\\]: Diablo-D3, I hear your friend nefario gave you an awesome birthday present

gribble: I have not seen pirateat40.

copumpkin: smickles: does it mean anything to you if I say "divs on CFF under GAAP?"

Diablo-D3: dub: nope, I revalued asicminer at 10btc or more

Diablo-D3: dub: yes, and I bitched at usagi

dub: i'll sell you my share

nefario: DI insurance is frozen as well I guess

rg: what i want to see

Diablo-D3: rg: so, what I want to see, is how nefario is going to steal the dedi/cloud shit

kakobrekla: not that i have a bet in it, just curious

Diablo-D3: I should warn in the thread

OneMiner: Damn, I'm going to bounce. I'd love to stay and talk.... Good luck to everybody. I hope this can be less of a train wreak than it sounds.

Diablo-D3: instead I doubled our mhash and only lost about a third

Diablo-D3: I could have done nothing and let _all_ the asset value evaporate

Diablo-D3: thank God I dumped as many as possible before we lost all the assets

agath: I understood that. But it's not the point. You wanted to do a mining company, then why didn't you buy hardware for doing it instead of bonds? If you bought by that time, FPGAs would already have paid for theirselves..

Diablo-D3: agath: I notice you too ignored what I said.

agath: OneMiner: ok, but what's the point? I am sure that tomorrow there will be 45nm ASIC, the next semester 28nm ASICS, the next decade QUANTUM chips... so I never buy hardware because if bitcoin succeeds there will be QUANTUM chips. Or whatever else comes after.

Diablo-D3: I made decisions to make sure plan A can happen with less money from investors.

Diablo-D3: mircea_popescu: except I never quit with plan A

mircea_popescu: this working on the observation that if i invite a girl over for a suck & fuck and instead a fat dood shows up for a stamp collection showdown i JUST KICK HIM OUT

Diablo-D3: how was I supposed to know fixed mhash bond issuers would sell fake bonds into the bid wall on th news bfl was doing asics

Diablo-D3: although if DMC dies, I can at least work on plan B without nefario being able to touch that

Diablo-D3: nefario: oh, I'd do the same, but I would have stolen the btc not the assets

agath: OneMiner: when I bought DMC, ASICs weren't in the air yet

agath: I don't care if they went bankrupt: I didn't invest in a FUND because I didn't want to.

Diablo-D3: but there were no funds that I could invest in yet

OneMiner: agath I believe he stated in the past that he was holding bonds to try to gain some value untill ASICs dropped.

mircea_popescu: but i think some went bankrupt

agath: it was just an example, and I didn't insult you (YET).

agath: if I wanted to invest on other GLBSE companies I would have bought 10 NYAN not 10 DMC.

OneMiner: It makes sense to me that when the funding that was required for plan A can't be raised you move on to plan B. I remember Diablo-D3 talking about buying bonds too. I'm sure he has been upfront about it.

agath: ok I give up... do whatever you want, I feel I am wasting time discussing this .

Diablo-D3: I really really dont.

Diablo-D3: nefario: I dont care about your lies

agath: I bought 10 @ 1, you sold 45K+ and you don't have 45000 BTC, you have 1600...

Diablo-D3: "oh hey guys, I sold everything for 16 BTC."

nefario: I don't know the value

agath: I'm wondering where are my 10 BTC I invested... :-|

nefario: real IPOs take years I hear

Diablo-D3: OneMiner: yeah, and now nefario is saying I bait and switched even though I was going into dedi/cloud stuff so I can raise money faster and work on stuff top down

agath: I bought 10 of them and I am crying now.

agath: I don't see million dollars .. after first sales your shares always went DOWN...

Diablo-D3: I think nefario is on drugs.

agath: I don't see how he could set it up with 1600 BTC

nefario: I've just answered shareholders calls

nefario: I'll get someone to go over the accounts

OneMiner: I see.

OneMiner: nefario right. May I ask what their complaints were? Could the vote have taken place without the suspension?

Diablo-D3: and I dont blame them

nefario: OneMiner: DMC shareholders have for weeks been badgering me to do something about Diablo-D3, I've suspended him from control of DMC and will initiate an investigation and a vote

OneMiner: mircea_popescu I remember that. Seemed like a way to generate hype.

Diablo-D3: I traded roughly 1 BTC of assets for 1 DMC

Diablo-D3: nefario: I will never send another dime to glbse.

OneMiner: Not that I know but it suggests to me that there was a plan at the least.

nefario: If I do nothing, I'm accused of letting shareholders wealth be destroyed

mircea_popescu: well, the approach is problematic, but i don't see you could have continued in your position

OneMiner: What I don't get is how everybody knows who is competent or not? Maybe it was ham fisted or maybe it was a super slick move.

nefario: I eat babies

nefario: I'm single-handedly holding the entire bitcoin community at randsom, ALL LIVE IN FEAR BEFORE ME!!!!

Diablo-D3: mircea_popescu: am I the only one here who was expecting a reasonable response?

nefario: hang on while I pop down to the bank of evil to take out another loan

nefario: And I've got winged monkies

OneMiner: Nice art. I likes.

nefario: apparently this is what I actually look like

nefario: http://fc07.deviantart.net/fs70/i/2011/129/d/8/dr__nefario_by_soap_2-d3fxp39.jpg

Diablo-D3: I didnt before today!

nefario: I just run a website

nefario: you think I'm like some evil overlord?

nefario: when did he say I threatened him?

nefario: I've threatened him?