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mircea_popescu: well... e he did, f however no. let's see what he's up to
mircea_popescu: (f)Immediately upon publication of each Statement of Profit and Loss SatoshiDice will pay to shareholders
mircea_popescu: (e)The representatives of SatoshiDice solemnly promise and warrant that complete and accurate Statements of Profit and Loss for each calendar month will be published by them no later than by the fifth day of the new month.
mircea_popescu: the usual "we confiscate all your money now you go ahead hire lawyers"
mircea_popescu: we totally have to shed these paycheck loan faces off btc already
mircea_popescu: but this is a. less than dividends for most stocks b. much less than mpoe bonds etc.
mircea_popescu: no Namworld. if asicminer keeps up like it's currently doing it'll go to shit.
mircea_popescu: Anduck i think if you push burnside your stocks you get the pt and can trade
mircea_popescu: Namworld no. things don't scale like that. you'd have ~70 btc's worth of shares and 12930 btc worth of paper & dreams.
mircea_popescu: in other news, mpex db dump has been optimized to take up less space. nothing's broken, it's just naturally halfsized.
mircea_popescu: i've not fucked enough chinese girls to have a clue so far.
mircea_popescu: Namworld at any point between october and january they could have listed and been tip top shape
mircea_popescu: now one of the most promising ipos of the year so far has been reduced to a 70 btc opening day.
mircea_popescu: dub baiscally they choked their investors by refusing to list to the point that people out of sheer desperations made private pts
mircea_popescu: it's not your fault, best i can see, just asicminer acting very weird.
mircea_popescu: burnside i'm just saying, you are underwriting a lot of risk that you can't control.
mircea_popescu: since they took ford's model and are currently raping the americans with it.
mircea_popescu: someone declares X dividends, he'd better be able to show the cash too
mircea_popescu: so every time a dividend is pay you actually know the actual exact total, from the receipt.
mircea_popescu: mpex won't let someone pay fewer shares than actually are issued
mircea_popescu: maximian but last month there literally were only 10mn on the market.
mircea_popescu: +50mn which make up the golden ticket = 100mn, whole float.
mircea_popescu: 13mn in third party hands on the market + 37 mn in erik's hands on the market = 50mn