365900+ entries in 0.094s
mircea_popescu: nevertheless your correct decision has so far been to not buy any coal.
mircea_popescu: now. you nominally are in the business of buying coal,
mircea_popescu: next week, they bring in mega tip top drilling tools. you again....
mircea_popescu: you figure, this will take coal even lower. and forego again.
mircea_popescu: you figure at this juncture coal prices will likely go down, if nothing because of transport, and so forego buying coal yet.
mircea_popescu: they just open a new coal mine. this coal mine is larger than any one on earth, and close to your plant.
mircea_popescu: KRS1 ok, forget bitcoin for a moment, cause this is perhaps throwing you.
mircea_popescu: ThickAsThieves this isn't really the thing discussed tho
mircea_popescu: which is contrary to wat the company is supposed to be doing
mircea_popescu: because it's likely that this will result in negative returns
mircea_popescu: efficiently means it will see positive returns above the risk free rate
mircea_popescu: KRS1 yes. the company, once capitalised, has a fiduciary duty to deploy capital efficiently.
mircea_popescu: this system whereby corps announce what they intend to use the money for is rare irl.
mircea_popescu: in general a share placement capitalises the corp. that capital is then deployed.
mircea_popescu: IPO's are not meant to capitalize and profit directly from investment money. << ?! what ?!
mircea_popescu: god help me. you mean yahoo is seriously going to do the whole bs usg thing in 2014 ?! after it died ?
mircea_popescu: "Yahoo Voices is where your expertise and perspectives take center stage! Here you will find millions of articles, videos, and slideshows on every topic – published by Yahoo users, just like you."
mircea_popescu: KRS1 but you gotta form a question/challenge of som sort
mircea_popescu: ALL OF YOU HATERS can go back and get your commissions from "TIC" now and STFU and stay off my honest and legit. post.
mircea_popescu: no actually it's been quite a pleasant read, and you have good points well stated.
mircea_popescu: Much of the noise in the liberal American internet revolves around making people feel good by talking about things they think are bad and raising the consciousness in a futile quest to change the world by talking. There are hugely diminishing returns to raising consciousness (even assuming the ideas you're promulgating aren't of the rankest communist origin). << this.
mircea_popescu: basically the one thing people most hate is being exposed to other things.
mircea_popescu: what else, they make some modest woman go about naked. torture of all hells. yet other women love being nude.
mircea_popescu: kinda funny, if you think about it, how "torture" = enforced enlarging, in this case. god forbid you listen to some music you don't normally.
mircea_popescu: you they probably torture with arab koran chanting, or with nun music
mircea_popescu: lettuce instead focus on what pothead got busted last.
mircea_popescu: yet the "community" and it's "press" fails to print in two inch letters "Hey! We have a guy here that's two years smarter than the best of the USG. That's why you're fucked."
mircea_popescu: i like how the research office simply restates the MP stand on the matter back in 2012,
mircea_popescu: "The Ethereum wiki runs Mediawiki, a tool that seemingly lacks any sort of page indexing, leaving me no choice but to look at all recent changes to all pages for the past thirty days to even get an idea of the scope of writing that's been put into the project." << benkay does this, then complains about forum.
mircea_popescu: proof of stake is kind-of the retarded concept of that original scamcoin, what was it
mircea_popescu: "Humans inevitably want to be a part of a thing. Mostly they want to be led into glorious battle by strong men, but since men no longer lead and battle is not a thing, humans now coalesce into writhing, headless balls of worms in the traditional socialist style of leaderless leadership."
mircea_popescu: "Vitalik understands growth hacking, and got himself a landing page. It's got that modern, professional, single-pagey look the kids all love, and takes in emails. There's even a countdown to the Revolution beginning, although it's entirely opaque as to what precisely is Revolving other than Satoshi in his grave."
mircea_popescu: moreover, you can arguably have ops w/o speculation, dubious and sickly as that may be
mircea_popescu: yeah but see, the convenience of financial speculation is built on some people actually doing operations at some point.
mircea_popescu: think about it. you wanna buy a house. you do dd. that's a week if you're mercury himself.
mircea_popescu: you can't run corps on a two week horizon. just getting a sale throguh is longer than that.
mircea_popescu: i guess we managed to conserve purchasing power parity or what was the line ?
mircea_popescu: anyway, YOURS suck more because of the pagination you use which is ugly!
mircea_popescu: but i cant contropl how long your browser keeps tooltips up