405200+ entries in 0.102s
mircea_popescu: Chaaang-Noi you know, i've been reviewing this. 0.0007 per share per week does not go very far.
mircea_popescu: i guess all the people buying into the ipo got owned huh.
mircea_popescu: Please do not deposit any further coins to your Vircurex accounts. We must assume that the wallet has been compromised."
mircea_popescu: "The systems Vircurex.com and Cryptostocks.com have been taken offline over the weekend
mircea_popescu: i actually suspect a large section of the btc failnoobs are here because they think bitcoin being based on maffs means that it'll do all the maffing for them
mircea_popescu: of course their intent is to lampoon normal female maturation into "Something bad". as if staying a retarded 7yo is somehow the ideal and we all missed the memo.
mircea_popescu: the onion is seriously the most respectable us news source.
mircea_popescu: <peterl> don't people who try to control a market usually run out of money? << always.
mircea_popescu: davout i think maybe you misunderstand what standards are :D
mircea_popescu: hm. i guess more ppl were following btc for entertainment than previously thought
mircea_popescu: dub i was thinking "if the position you're in is deciding between am and bfl perhaps more fundamental endeavours need prioritizing"
mircea_popescu: (the english part i mean, i don't thin the romanian part is doable)
mircea_popescu: (they both being a promise of performance made by the world at large)
mircea_popescu: this because the difference between ownership and promise is nil
mircea_popescu: from a certain equitable perspective to present valuer you lose the same.
mircea_popescu: dub it's like this : if you lose what you were merely promised or what you actually owned,
mircea_popescu: well the worst hat can happen to .5 btc worth of investment
mircea_popescu: they may encounter problems of all sorts, it's a tossup
mircea_popescu: they may make dough from selling gear, they may havenses,
mircea_popescu: at current prices they'd have to mine ~500k btc in ordeer to pay you back from divs.
mircea_popescu: aneeshmehta nobody does "exostic options" for the sake of them being exotic.
mircea_popescu: irl banks aspire to the vaunted "tbtf" status, which means their mpoe bondholders are the taxpayers, and the interest rate is fixed
mircea_popescu: the value of the capital structure of course being that risk is correctly distributed so as to not generate the sort of problems irl banks have
mircea_popescu: sometimes it makes a killing, like the 10k in jan or w./e it was
mircea_popescu: option traders make money *(from the bonds) when they are right
mircea_popescu: atm the market is flat and im making a ton because people shortsold.
mircea_popescu: <benkay> b0n1: mp is running a a financial operation that makes money when the market stays flat. << this isn't actually right
mircea_popescu: well simply put if people can't do business in btc people won't do business in btc
mircea_popescu: kinda sucked all the benefit from speculators dry, got the press, that pie is eaten.
mircea_popescu: boring pushes worhtless speculators out and actual business in.