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mircea_popescu: iirc this month div is going to be low, a few hundred or something
mircea_popescu: or else the concerns are legitimate and sdice is going to shit.
mircea_popescu: well... here's the thing. markets cycle. either this is nonsense and so the savvy will make a pretty penny buying it once the retail investors dumped
mircea_popescu: "he shorted btc at XXX. hasnt been online for 15 days"
mircea_popescu: stakeholders is the correct expression in this circumstance.
mircea_popescu: you could say you know... hey douches... next month. next week! something.
mircea_popescu: who ever heard of this nonsense anyway. dissolve the charity, not announce in advance...
mircea_popescu: tiberiusiv yeah. in the uk it's more like 250 pounds iirc
mircea_popescu: seeing how... well... there's some costs to maintain status but they're not THAT high
mircea_popescu: lmao. so wait, the few hundreds i donated were most of their fiscal income ?
mircea_popescu: Due to the massive reduction in financial support we found ourselves in a position where being an incorporated organisation cost more than what we were able to bring in in donations and after years of operating at a loss it was decided that we would apply for the dissolution of the corporation in order to drastically reduce costs.
mircea_popescu: As a currency for purchasing power, I grew up with the US dollar so I'm used to having stability enforced by people way more powerful than myself. If I were stuck using certain other national currencies, I would probably be more inclined to appreciate bitcoin's efforts. Especially if that currency was subject to BS levels of printing printing printing.
mircea_popescu: Bowjob the fact is, the way the human body works first pregnancy should be delivered around 18 years of age.
mircea_popescu: ie, they have free testing, stuff like the berkley db etc
mircea_popescu: tiberiusiv the one reasonable explanation i heard so far is arbitraring bitcoin testing
mircea_popescu: they were bleeding market share pretty much monthly since 2011 or so
mircea_popescu: it will just fade for six months or a year, then some clueless nitwit a la Ryan Singer will "bring it back"
mircea_popescu: with all the problems us people have buying esp large ammts of btc
mircea_popescu: Chaang-Noi then probably selling puts is better for you
mircea_popescu: so you look at it... well i bought 50 dollars worth of 1 btc, got 20 calls at 75, now i made 13 btc which are worth 200 each. so from 50 to 2600 dollars.
mircea_popescu: you could also buy 20 btc and then buy options with them, gain 400 btc exposure that way
mircea_popescu: well... you could send 50k usd to an exchange and buy 1000 btc. but this takes time and all the bs.
mircea_popescu: anyway, far out of the money calls are great from a fiat perspective. say you are sure btc is going to 500. what can you do ?
mircea_popescu: if it goes to 200 you get 125 / 200 = .62 each x 20 = 13 btc so like 13x
mircea_popescu: Chaang-Noi no, at the then current price. hence the /76 if price is 76
mircea_popescu: mjr_ well... what do you mean why ? cause it was traded
mircea_popescu: costs you about half a btc to buy, get 2 satoshi per if you sell