406300+ entries in 0.164s
mircea_popescu: ok this is hilarious, us is changing calculation of gdp and debt ratio
mircea_popescu: i suspect entirely too much energy is dedicated to watching the pot boil.
mircea_popescu: [17:56:26] shareholder1 mpex will be classified as money launderers and terrorists
mircea_popescu: will the kid agree to be diluted ? maybe not. then again maybe he wants a brother/sister.
mircea_popescu: now, why would someone agree to be diluted, well, it depends. suppose you have a kid and your wife wants another one.
mircea_popescu: if the shares vote, then the shareholders do it. if the shares don't vote then the operator does it
mircea_popescu: to dillute you always issue more shares. this is to be done by whoever has the authority to do it.
mircea_popescu: well it can work either way. in this case it worked without dilution.
mircea_popescu: mpoe initially offered 1mn out of 1bn shares, then on a 2nd pass offered another 4mn
mircea_popescu: Tritonio contract always rules. look at some mpex contracts, bitbet for instance ipod 3mn out of a total of 10
mircea_popescu: basically i don't see anything to set it aside from the whatever, 50 others ?
mircea_popescu: just as long as it's public, an offering and initial it qualifies.
mircea_popescu: an ipo is just that, an initial public offering. it can fulfill any purpose the entity doing it wishes fulfilled.
mircea_popescu: !! Non US travelers with ESTA : #airport #customs computer systems down nationwide - only people with a physical VISA are getting in
mircea_popescu: anyhway, enough of this, i have people to meet. catch you all later
mircea_popescu: this is the problem of talking to the ignorant. to them all the words mean the same thing and it changes randomly. so therefore discussion is an exercise in what, aesthetics.
mircea_popescu: yes, well, the opinions of retarded 15yos aside, things are what they are.
mircea_popescu: yes, it's simply true. if economy consists of this idiocy we all starve
mircea_popescu: moving money from pocket to pocket is neither business nor investment
mircea_popescu: it's not considered an investment because it's not an investment.
mircea_popescu: should make a comment on his blog prolly. this is unobvious but solid.
mircea_popescu: davout well yeah. what, people want to steal books ? let them.
mircea_popescu: ThickAsThieves i think he's a noob mostly. bitcvopin noob i mean
mircea_popescu: ya i'm only making more than most bitcoin businesses from those credits so...
mircea_popescu: we have a responsibility to educate our inferior friends over there.
mircea_popescu: actually, anyone with a reddit account kind enough to spread the luv ?
mircea_popescu: ThickAsThieves why surprised ? we know they don't jhave a business strategist.
mircea_popescu: ya well, this is why buffett said acquisitions are always at a disadvantage ot the buyer
mircea_popescu: if you know what things are really like they're sort of ambitious.
mircea_popescu: which are i imagine news to many people who misrepresent the exchange revenues etc.
mircea_popescu: the main reason that contract is relevant is because it shows the targets
mircea_popescu: they failed, through mostly everone involved being ignorant idiots
mircea_popescu: what they were trying to do is exploit a present hole in legislation.
mircea_popescu: davout arguably coinlab was not an exchange. without going into the whole legal theiory here
mircea_popescu: so no, this lawsuit is not ending in a settlement. you can't settle egos.
mircea_popescu: not really any customers, they just got the seething ego of vessenes whom i've trashed to all shit and publicly humiliated for three lifetimes.
mircea_popescu: if anyone was pondering whether to join in the fray, just the signal they need
mircea_popescu: ya, it's always sensible to appear clueless whern being sued.