553 entries in 0.421s
mjr_:
tiberiusiv: also...investor savvy
mjr_:
tiberiusiv: you are assuming financial reporting that is widespread, and liquidity that is many orders of magnitude higher than what we have
smickles:
tiberiusiv: why is it illegal to play games with bitcoin?
smickles:
tiberiusiv: you know voorhees isn't even the largest shareholder of SD, right? i think he owns significantly less than half
kakobrekla:
tiberiusiv the value of the company is not measured in dividends
jurov:
tiberiusiv, can't it be just people cashing out of btc generally? all mpex assets went down recently
smickles: <
tiberiusiv> what cant you comprehend? << i think they feel you are misrepresenting what is happening
mjr_: the point is this...
tiberiusiv constantly casts doubt about things, but usually has logical flaws that are obvious...when confronted, he finds other doubts...also flawed
mjr_:
tiberiusiv: i work at a broker dealer...am i operating a broker dealer?
mjr_:
tiberiusiv: most casinos run the gaming table and the cashier
mjr_:
tiberiusiv: obviously
jurov: no
tiberiusiv's argument seems that usg inevitably cracks doen on sdice cuz illegal gambling
jurov:
tiberiusiv how so?
jurov:
tiberiusiv, really? if bitcoin isn't game currency
mjr_:
tiberiusiv: the point is that management is prob the deciding factor in bitcoin ventures
mjr_:
tiberiusiv: so do american stocks take into account the american dollar when the yreport dividends?
mjr_:
tiberiusiv: that is not a great return
mjr_:
tiberiusiv: it's easy, at the end of the day, to say why things won't work...it only costs you your time on this forum (probably largely offset by the enjoyment you get from trolling), but it's a lot harder to do things that do work
smickles:
tiberiusiv: so you admit your conclusion was just plain wrong then?
smickles:
tiberiusiv: i opend a french and a UK bank account just a month ago
mjr_:
tiberiusiv: so wait...since those banks CHOOSE not to deal with headaches...we are not legally able to open an account?
jurov:
tiberiusiv: what prevents evoorhees selling satoshidice to someone anon in the worst case?
smickles:
tiberiusiv: why do you think americans can't open forign bank accounts?
mjr_: <
tiberiusiv> as long as satoshidice managers are openly operating an illegal casino while having a cashin service in the United states, and a presence in the united states satoshidice is not cheap
mjr_:
tiberiusiv: since as i've said...their won't be anybody in the US
mjr_:
tiberiusiv: AWESOME! that means in less than four weeks their price should skyrocket
mjr_:
tiberiusiv: in exchange for higher return
mjr_:
tiberiusiv: taking on risk
mjr_:
tiberiusiv: so i buy them now...instead of when they are expensive
mjr_:
tiberiusiv: i think we are on the same page...they are cheap now, but i expect them to become expensive
mjr_:
tiberiusiv: or new product lines which are as yet unknown
mjr_:
tiberiusiv: similar to investing in med company hoping for drug approval
mjr_:
tiberiusiv: that is the point
smickles:
tiberiusiv: the ECB seemd to think it was
mjr_:
tiberiusiv: per what irish ruling?
smickles:
tiberiusiv: yeah, but they see the difference between gambling and playing poker with zynga credits
mjr_:
tiberiusiv: i totally agree
smickles:
tiberiusiv: you mean gambling, right? from what i've read, the lawyers over there see playing satoshi dice with bitcoin as a game, not gambling
mjr_:
tiberiusiv: and what does it require to let me download music for free? who licenses that?
mjr_: now obviously, the drones are just one step away right
tiberiusiv?
smickles:
tiberiusiv: ireland requires a license to play games?
smickles: <
tiberiusiv> yes because its an illegal gambling site. <<< iirc, it's a legal irish gaming company
kakobrekla: look
tiberiusiv we understand you are butthurt but calm down, its simple math nothing new to see here, move along
jurov:
tiberiusiv, everyone gets paid to bank acct here and to get cash you have to pay a fee
jurov:
tiberiusiv is funny
gwillen:
tiberiusiv: that's now how gresham's law works
Bugpowder:
tiberiusiv: that is true in all things
Bugpowder:
tiberiusiv: you are confusing an efficient market with the mtgox market.
smickles:
tiberiusiv: what's your point about price discovery and gox? I think i missed it and i don't want to read the log
chmod755:
tiberiusiv, gribble sets the price. << that's true. he's one of the richest bots on the entire internet
smickles:
tiberiusiv: you may have misunderstood me
ThickAsThieves: [14:12] <
tiberiusiv> of course its the most important venue.
ThickAsThieves: <
tiberiusiv> gox does NOT set bitcoin prices for everyone
Bugpowder:
tiberiusiv: I agree there has been a move to bunds.
smickles:
tiberiusiv: i was trying to sell a house when btc was at 2
Bugpowder:
tiberiusiv: yes, in an efficent market. Cyprus was big news and unexpected.
Bugpowder:
tiberiusiv: too much transfer friction
splnkr:
tiberiusiv: this is a semantic argument
Bugpowder:
tiberiusiv: THey are the same market but there is friction in the links. Very similar to the natural gas market
mod6: ;;gpg info
tiberiusiv mod6: everyone else wants to sell their BTC to
tiberiusiv for $25 if there is too low of vol and the price collapses
mod6: (02:10) <
tiberiusiv> zyphus you should exit (02:10) <
tiberiusiv> single digits are not that far
cads:
tiberiusiv: this is why I always thought it strange to find myself in georgia!
mircea_popescu:
tiberiusiv amusingly, asicminer is using batch 2 chips to make up for blown batch 1 and avalon is using batch 2 money to pay for batch 1. it's like... all the same company.
mircea_popescu:
tiberiusiv this is a point, they're unwittingly/unintentionally short both asic and btc
mircea_popescu:
tiberiusiv the us had the draft for a while too you know.
mircea_popescu:
tiberiusiv nobody's come forth with proof otherwise so far.
mircea_popescu: <
tiberiusiv> youd be arrested << what i did earlier today was take a chick along for a nude stroll down the riverwalk.
mod6:
tiberiusiv: maybe the bahamas was a bad example. im not rich enough to know better really.
mircea_popescu:
tiberiusiv the problem with the us is that it contains ~200mn unskilled, hungry, entitled doods.
mod6:
tiberiusiv: there are lots of super rich people here who renounce their citizenship and leave for a tax-haven like the bahamas or whatever.
mircea_popescu:
tiberiusiv yes, they're cheaper inasmuch as they're made in jersey, and thus only german by name.
mircea_popescu:
tiberiusiv ya well being stupid and rich is dangerous everywhere.
mircea_popescu:
tiberiusiv in fairness, that's prolly because they're not much used so they don't opverrun their limits
dub:
tiberiusiv: that is not important
benkay:
tiberiusiv: you're probably familiar with what happens to centers of the world when their currecies blow up
smickles:
tiberiusiv: gox still does > 80% of the public btc/fiat trade