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mircea_popescu: topace so what's this song and dance with shares could be more expensive than ipo warning thing ?
mircea_popescu: unbalanced i think so. sometimes people go "no clue" tho.
mircea_popescu: unbalanced yeah, well... interesting device. we still don't have enough on how exactly it'd play out to know.
mircea_popescu: topace well why not ? hehe nah. you're their ipo manager, you announce.
mircea_popescu: topace o there you are. hey, did you announce here and i missed it ?
mircea_popescu: so basically they have this construct where the havelock fund owns shares and then the participants on havelock own shares in the fund thus eschewing shareholder reporting
mircea_popescu: ColdHardMetal if you only need ~100 i'd imagine you're connected enough to handle it otc ?
mircea_popescu: "with opportunity to continue growing rapidly as more Canadians learns about the Bitcoin"
mircea_popescu: ColdHardMetal Greater than 2500 0.50%. I dunno how defensible that 3% is given that 100 per monht...
mircea_popescu: conveniently not pointing out this is fiat growth and thus irrelevant, right ?
mircea_popescu: growing rapidly. VirtEx is experiencing explosive growth shown by: Revenue increasing 146% in the last 2 months (Jan/Feb 2013)
mircea_popescu: unbalanced o, they said so ? that;'s constructive then.
mircea_popescu: if they use the ipo funding to actually get registered with the whatever proper authorities / get a banking partner this may work out well for everyone.
mircea_popescu: raising 5k btc for 10% so a 50k btc float predicated on 37k monthly trade of which they charge what, 1% ? 0.5% ?
mircea_popescu: doesn't seem like worth the bother, but if you've not anything better to do why not
mircea_popescu: i have no idea what that is, some local canadian paper ?
mircea_popescu: deadweasel nono. let them tax it. finally good reason to bitcoin.
mircea_popescu: tiberiusiv it becomes problematic tho. the poor probably quit already, the rich really don't have a problem of getting fiat
mircea_popescu: "Internet tax supporters are hoping that a vote in the U.S. Senate as early as today will finally give them enough political leverage to require Americans to pay sales taxes when shopping online.
mircea_popescu: since most take the fiat first as a precaution there's unwanted short interest created in large volumes all the time
mircea_popescu: all the bitcoin sellers are short bitcoin from the moment they take fiat till when they deliver btc
mircea_popescu: "IAmA RedditIsland Steering Team committee member and Seasteading Institute Ambassador. AMA"
mircea_popescu: not terribly likely. so far she's getting a dissident wing in her party
mircea_popescu: when it gets to the point where retired folks see plainly they're riding into a wall and they have no clue you know things won't end well.
mircea_popescu: she just goes on whatever data she has. often that's crap, and when it is she doesn't know about it,.
mircea_popescu: it's the second time she fucked up, incidentally. the closing down of nuclear plants was already indicative. she doesn't think too well.
mircea_popescu: basically they failed to understand the "stolen" money in the oligarchs bank accounts isn't stolen by those oligarchs from the state
mircea_popescu: jurov they totally fucked up that. i've seriously not seen worse diplomacy since bush.
mircea_popescu: move to new place, get some warehouses, start biz for real
mircea_popescu: basically, they got the design all paid and tested, will deliver whatever and now time to selfmine
mircea_popescu: The week of activities are set to conclude with a “Lace and Leather Burlsesque Show.”