380300+ entries in 0.093s
mircea_popescu: some people invest 950 btc in coinlenders and afterwards compliment me on how "prophetic" my gpg contract was.
mircea_popescu: some people spend some bitcents and read all of trilema. some people buy some coffeee and read the log of this chan
mircea_popescu: "chief among them, that i'm a fucktard who shouldn't be even close to doing anything of the sort, as i've clearly proven by the thick cluelessness of the foregoing."
mircea_popescu: "Welcome to MPExProviding nucleation in the superheated fluid of Bitcoin. Since 2011."
mircea_popescu: certainly more than all bitcoin foundation ever did in its ignominous history to date.
mircea_popescu: actually someone writing mpex contract commentary and adding together mpex caselaw would provide an infinitely valuable service
mircea_popescu: so it's only "major" in a theoretical sense, otherwise innocent mistake and all.
mircea_popescu: but that only lasted about two days and he backed off.
mircea_popescu: afair the major problem with s.dice was that at some point erik arbitrarily decided to reclassify an asset class in his accounting,
mircea_popescu: that's really the empire of the holder. if asciilifeform decides to convert his warrants in a bulk and dump them on the market for instance it'd be similar a result
mircea_popescu: if it's not worth more, issuing more at that price is not dilution.
mircea_popescu: if at time t the stock is worth more than what it's trading for, people should buy it. if they can't buy it, it's not worth more.
mircea_popescu: jurov : "(b) No Such lAbs solemnly promises and warrants never to issue more shares on any other venue" ; "nor in any way to fraudulently dilute existing shareholders at any point in the future". separate clauses.
mircea_popescu: other people do the same thing privately. which is how exchanges fucking work in the first place.
mircea_popescu: jurov: up to the 1e8 limit << actually mpex is on 64 bit systems, there's no 1e8 limit. iirc it's 1e42 or something
mircea_popescu: ;;later tell benkay: so "authorized float" means "that as what we sold at ipo", or pre-ipo as described on cryptome << no, it means the total # of shares actually having been issued. this starts as that which was sold at ipo, increases every time someone executes a stock warrant and every time the company issues more shares.
mircea_popescu: asciilifeform: a decentralized SR would live still. etc <<< it couldn't possibly, in that it'd have been made by the guy that hired his cocaine buyers to kill his cocaine curiers.
mircea_popescu: pankkake no, actually, it's about half a dozen people, mostly engaged in an all out war with the "press" establishment of teh english speaking computing world.
mircea_popescu: no but seriously, most interaction with mpex is programatical.
mircea_popescu: in the same way a four star michelin restaurateur has from a purely marketing standpoint considered throwing a drive-in in there.
mircea_popescu: sorry sir, we here at internet house are proud to say no joke.
mircea_popescu: this is why people invest on mpex rather than fucking themselves over on the play-pretend "alternatives".
mircea_popescu: Ademan ya well, who's who in the bitcoin scamspace is always an iffy proposition.
mircea_popescu: ;;later tell benkay well i can't explain why x thing isn't y thing. why do you think it is in the first place ?
mircea_popescu: "would you like to fuck my wife" is really a lot more common than generally known.
mircea_popescu: and for that matter, so did the redskins, and so did everyone else.
mircea_popescu: asciilifeform yes, but much more limitedly than the stories go.
mircea_popescu: the idiocy of adding that shit together like scalars...
mircea_popescu: asciilifeform you know that's about on par with the jooz making casha out of virgin boy blood.
mircea_popescu: yeah. it's also silent. kids brains don't develop in silence.
mircea_popescu: but in the actual reality, i dunno what sucks more than being born past the artic circle.
mircea_popescu: yeah because they're braindead chickens describing the coop they live in.
mircea_popescu: don't they like, require you to renounce your skin color upon circumcision ?
mircea_popescu: merely the notion that you could have negatives in what's supposed to work as a proportionate scale...
mircea_popescu: benkay dumped some libertard shit and i had to step in it
mircea_popescu: "You scored 360. 100 and above is considered privileged."
mircea_popescu: benkay i just checked my privilege. it's still bigger than any nigger cock to date.
mircea_popescu: jurov yeah it's being worked on. should be back tomorrow the latest.