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mircea_popescu: anyway, at about the same time asicminer got started i wanted to list mpoe.
mircea_popescu: no, he just thinks he doesn't have a clue about such matters.
mircea_popescu: it just means something about his financial competence.
mircea_popescu: the time/effort he put into handmanaging email transfers by now is an eyesore in his books
mircea_popescu: when you run a public company you owe your shareholders some basic stuff.
mircea_popescu: and got himself stuck and with no time to handle things.
mircea_popescu: had some "helpers" of the typical sort doing an exchange
mircea_popescu: honestly i think he failed to uinderstand that operations is just piece of the pie, not the whole pie
mircea_popescu: which is why stupid shit like what friedcat is pulling is at best harmful
mircea_popescu: there's no practical way to do stuff like shorting unless there's functioning markets.
mircea_popescu: yeah but as i said above, "<mircea_popescu> toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments."
mircea_popescu: nued or are no longer traded in which case a token payment of 1 BTC shall be suf
mircea_popescu: price during the past five days, except if ASICMINER should have become disconti
mircea_popescu: the 19th, 2012, or at his preference pay their value calculated as the average
mircea_popescu: "And that the Lendee shall cause the shares be returned to the Lender on December
mircea_popescu: toffoo a good starting point would be the old short contract i made for public use
mircea_popescu: well as a rule of thumb, if loaning them isn't a good idea selling them usually is a good idea.
mircea_popescu: toffoo he made a fool of himself, as in, went all tough into offering them but then failed to actually go through.
mircea_popescu: toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments.
mircea_popescu: toffoo only in the sense bugpowder is now also looking for shares.
mircea_popescu: they're what cavirtex aspires to be. banking partners and all.
mircea_popescu: and you can't manipulate me into it either, simply because of the size differential.
mircea_popescu: this isn't a school setting and you're certainly not the clever kid in the class or anything.
mircea_popescu: with the expectation someone will argue you into sense.
mircea_popescu: listen, you have this broken approach to learning whereby you make definitive statements that are both wrong and uninformed
mircea_popescu: yeah, well, prices vary a lot more than that for a lot less reason.
mircea_popescu: for the record, bitbet is a tiny corp and collected something like that.
mircea_popescu: you were just born last night so you think this morning is "the best morning to date".
mircea_popescu: what, thre's some golden rule that all ipos must happen on mpex or something ?
mircea_popescu: "The other factor, of course, is that Bitcoin can't be manipulated as easily as gold and silver obviously are. "
mircea_popescu: next thing out of my mouth was "so are you lending stock ?" but averted.
mircea_popescu: so basically you hold the early option to 1.8th of bfl
mircea_popescu: topace those do poorly historically. what's it got, fpga ?
mircea_popescu: yes dude, you are. that's what fucking up is. missing body parts.
mircea_popescu: and in general, when you're sent to do reading it's because you're sprouting nonsense.