log☇︎
429300+ entries in 0.136s
mircea_popescu: mno, we're not quite there yet.
mircea_popescu: i dunno, are you some sort of idiot ?
mircea_popescu: what ?
mircea_popescu: ;;ticker
mircea_popescu: o, back to 67.7 huh
mircea_popescu: http://www.sfgate.com/technology/businessinsider/article/This-College-Student-Founded-A-Startup-Delivering-4279375.php
mircea_popescu: ahaha this is insanity.
mircea_popescu: There's also a "Discrete Delivery" option, in which McCabe delivers the condoms to the student's door without the blue siren on his head.
mircea_popescu: hm ?
mircea_popescu: np np
mircea_popescu: Namworld ^
mircea_popescu: https://bitcointalk.org/index.php?topic=76506.msg1457231#msg1457231
mircea_popescu: done deal.
mircea_popescu: le ouch.
mircea_popescu: Bove uses several metrics to make his point, focusing on the dollar as a percentage of total world money supply.That total has plunged from nearly 90 percent in 1952 to closer to 15 percent now. He also notes that the Chinese yuan, the yen and the euro each have a greater share of that total.
mircea_popescu: aw
mircea_popescu: http://cdn.memegenerator.net/instances/400x/23743515.jpg haha that kid is supersweet
mircea_popescu: so says an anonymous email i got from a russian server
mircea_popescu: surely.
mircea_popescu: ya know, the lost 60 asics
mircea_popescu: knoxville.
mircea_popescu: if anyone is wondering where the avalons are...
mircea_popescu: office.
mircea_popescu: FEATURES: NoLabel is enclosed to the letter. Print a label and show it at your post
mircea_popescu: STATUS: sort order SERVICE: One-day Shipping NUMBER OF YOUR PARCEL: OFJ1EY6KIJ
mircea_popescu: Postal code contains an error. LOCATION OF YOUR PARCEL: KnoxvilleFort DELIVERY
mircea_popescu: Notification Our company’s courier couldn’t make the delivery of parcel.REASON:
mircea_popescu: also in the news, https://bitcointalk.org/index.php?topic=144319.0
mircea_popescu: is this etsy university ?
mircea_popescu: lol
mircea_popescu: heh.
mircea_popescu: http://finance.yahoo.com/news/dying-dollar-why-us-currency-213606781.html
mircea_popescu: heya
mircea_popescu: pm.
mircea_popescu: i don't recall this particular one, but yes btc accounting is the better way.
mircea_popescu: oops
mircea_popescu: FabianB_
mircea_popescu: nope, nothing at all.
mircea_popescu: you mean have i been sued or anything ?
mircea_popescu: a, sure.
mircea_popescu: what do you mean ?
mircea_popescu: which i might, if they're credible.
mircea_popescu: if i allow that someone
mircea_popescu: one what ?
mircea_popescu: im curious if they end up shootingthemselves in the foot by listing on some illiquid platform and never realising those prices tho
mircea_popescu: of course current rate of return won't last, but what ever lasts.
mircea_popescu: wow.
mircea_popescu: which would make each share worth up to BTC even.
mircea_popescu: so as it is currently i guess asicminer is worth maybe 2-400k BTC if it were listed on MPEx
mircea_popescu: they do have electricity/maintenance costs, and there is the risk their miners blow up (which eventually they will, these things wear)
mircea_popescu: 5.5k worth of debt, but that's not such a big deal
mircea_popescu: ;;calc 150 / 28
mircea_popescu: course, they have about
mircea_popescu: about par with s.dice
mircea_popescu: ;;calc 15 * 25 * 30
mircea_popescu: actually let's see. if they mine about 15 blocks a day consistently that's
mircea_popescu: (which is a silly thing to say, but hey)
mircea_popescu: its what they said.
mircea_popescu: but otherwise, there's nothing more to sell.
mircea_popescu: so... maybe some people didn't claim them, and so i guess they may revert to bitfountain
mircea_popescu: they were privately held.
mircea_popescu: looky : this company already issued its shares, on glbse
mircea_popescu: afaik glbse listed them at 200k shares, so, that would be "all"
mircea_popescu: if there are any i'd be surprised there be very many.
mircea_popescu: afaik there's no actual shares in that group
mircea_popescu: "when"
mircea_popescu: no, because they already issued and they promised not to dillute.
mircea_popescu: basically, they're very convolutedly going about implementing a mpex contract.
mircea_popescu: what do you read into that ?
mircea_popescu: but in any case i'd be surprised if it were much %wise
mircea_popescu: they may have ended up with some leftovers since glbse exploded and maybe some people didn't claim
mircea_popescu: 100-150, something like that.
mircea_popescu: about 150k usd at the time
mircea_popescu: made 400k, sold 200k at .1 each for 20k btc
mircea_popescu: they have tho
mircea_popescu: it's not quite as clearly stated as on mpex, but it's the principle.
mircea_popescu: and the shareholders can buy the other half.
mircea_popescu: the company always keeps half the shares
mircea_popescu: basically asicminer ipod on a copy of mpex contracts
mircea_popescu: but they can't sell those ?
mircea_popescu: back in june or w/e
mircea_popescu: their shares are already sold, at .1 each, for 40k btc.
mircea_popescu: how do they raise money ?
mircea_popescu: well...
mircea_popescu: but still, they need 10x as much to break even on the various loans. who knows, maybe they make it.
mircea_popescu: 25 blocks * 25 btc = 20k rather than 10k
mircea_popescu: this recent jump hel[ed them a lot.
mircea_popescu: smart of them that they have liabilities denominated in fiat tho.
mircea_popescu: 70k + 70k actually.
mircea_popescu: sooo asicminer has like 70k usd in bills to pay ?
mircea_popescu: ahahah that works ?
mircea_popescu: as long as the guys are me i kinda have that.
mircea_popescu: if i ever figure out what it'd be.
mircea_popescu: hi
mircea_popescu: http://rt.com/news/meteorite-crash-urals-chelyabinsk-283/ meteor!
mircea_popescu: lol
mircea_popescu: anyway, im out. take care all.
mircea_popescu: fo reals.
mircea_popescu: equally clueless but at least tits.
mircea_popescu: i'd rather give it to strippers.