352300+ entries in 0.125s
mircea_popescu: with the exception of x.eur and the options, mpex assets aren't mm'd specifically
mircea_popescu: there's no requirement that the underwriter marketmakes
mircea_popescu: in some cases obviously the asset is owned by an actual investment bank which already has a seat. this is by no means common or the rule. esp as things mature.
mircea_popescu: if every ipo also bought a pit spot it'd be the fucking end of the world over at nyse.
mircea_popescu: which is someone with the experience and contacts required to maintain the financial side of things.
mircea_popescu: mpex works exactly like a stock exchange is supposed to work, the asset should ideally take an underwriter
mircea_popescu: i don't think any assets were listed off new accounts anyway, what sense'd that make ?
mircea_popescu: in other news, the bitcoin Rift guild is about to pass 1k players 0.o
mircea_popescu: well honestly now... why would white people let black people throw parties for mj's death ?
mircea_popescu: "When Michael Jackson died they wanted to have a party for him in motherfuckin’ Fort Greene Park and all of a sudden the white people in Fort Greene said, 'Wait a minute! We can’t have black people having a party for Michael Jackson to celebrate his life. Who’s coming to the neighborhood?
mircea_popescu: you need a whole of a lot of progress to get people thinking they're better off in vermin infested shitholes today than they were in 1500
mircea_popescu: and then in most places another 10%ish in vat and vat-like taxes.
mircea_popescu: asciilifeform amusingly historic data from 1600s and 1700s shows avg rents being about 5% of income
mircea_popescu: there's no such thing as a right to one's code just because it exists or just because it's different.
mircea_popescu: basically, some people suck, some don't. whee why should this be, whoo how could this be.
mircea_popescu: "we're poor and dirty why should anyone be rich" not enough ?
mircea_popescu: kind-of why the key figures are reported a certain way in fiat.
mircea_popescu: nubbins` well generally share counts change. corps do share-based acquisitions and mergers, splits, reverse splits
mircea_popescu: and for that matter s.mg can write more warrants whenever it wants.
mircea_popescu: and why are warrants included or what are we discussing ?
mircea_popescu: S.MG has a total of 88`096`605 authorised shares outstanding
mircea_popescu: so what happens if 1st dividends are 0.007 per share ?
mircea_popescu: Ducky, female friend, used affectionately. Also My love, used in an entirely platonic sense
mircea_popescu: nubbins` like "the right honorable dorky mcdorkenstock" ?
mircea_popescu: whoever the fuck wrote that wiki entry was pretty well gone.
mircea_popescu: Get on the go, Let's go (also, a common euphemism for partying, on the go by itself can also refer to a relationship - similar to a dating stage, but more hazy.)
mircea_popescu: i can't grok wtf is causing it, because i never heard of a civilised country with begbugs before san francisco came along
mircea_popescu: nubbins` tbh large parts of the us are having a SERIOUS infestation problem these days.
mircea_popescu: wait there's A LOT of vids of cops shooting themselves in schools ?
mircea_popescu: diametric but it is a specific thing. it means "fucking" :D
mircea_popescu: asciilifeform "there is no prison that may hold the literate"
mircea_popescu: you'll end up with larger heat exchangers than solar panels
mircea_popescu: but one of the biggest problems for any energetically intensive application outside of earth is like... how the fuck you cool it.
mircea_popescu: <asciilifeform> Duffer1: cooling in space is a bitch << this somehow never is directly obvious