443600+ entries in 0.141s
mircea_popescu: well, not regardless. if the stuff giga does ends up having a value in fact
mircea_popescu: the problem with being friendly to small timers is that then you end up stuck with a horde of very silly people.
mircea_popescu: also, it seemed friendlier to smalltimers, as in, not have to require minimum x hundred btc investment.
mircea_popescu: it seemed logical at the time, simplify everyone's maintenance of it.
mircea_popescu: <pigeons> yeah i figured originally i would have an easier time getting GIGA divdends from MP than from nefario if GLBSE went south << this would be true. however, glbse going south + giga going taxid/etc is a different story.
mircea_popescu: <Ukto> pigeons: he removed all records of the asset from accounts though, is my udnerstanding << you srsly should read that 3 hour discussion. the shares were removed from current holdings. all historical info is still there, and also here, on the twitter feed, etc.
mircea_popescu: <pigeons> well mircea_popescu claims that "he always stated" that he intended the passthrough to be zero work/maintenance << should i quote ?
mircea_popescu: <Ukto> he bought shares of giga from giga direct? or on glbse << i bought bonds before the glbse ipo. they were transformed into glbse shares when giga decided later to put up with nefario's bs. i didn't want to, but i didn't make a huge point out of it either because at the time nefario hadn't yet quite shown himself for the huge cock he was/i didn't know better.
mircea_popescu: <jurov> if f.giga.etf is supposed to have some value, why nobody asked mircea to arrange buyback on december 1st? << why did it trade 3 days out of 30 for the 30 days BEFORE the announcement moreover.
mircea_popescu: if it ends up over 16 those c140t lose money for sure.
mircea_popescu: for i got lost reading in there for about an hour, that' for!
mircea_popescu: <Diablo-D3> and lying about the continued state of lying and shippingness <<< theyre the bitcoin flagship corp, neh ?
mircea_popescu: isn't 20 mission the thing tradehill people (mckenna et co) made with the money they stole off customers ?
mircea_popescu: this mathematically converges to the actual true rate.
mircea_popescu: if you asked for 9.9% you'd be included in november but not in august, sept oct etc
mircea_popescu: it's pretty simple tho : if you had 0% rate you would always be included, and receive whatever's paid, 4%, 9%, 9.9% etcv
mircea_popescu: november was the first time in like half a year that the demand overstripped supply.\
mircea_popescu: the demand is actually consistently less than the suppluy.
mircea_popescu: so the actual self-interest is to ask for 0% and hope someone else asks for 100% or w/e
mircea_popescu: potential reward is = to the highest interest someone asks, for everybody.
mircea_popescu: their incentive is that if someone asks for less that someone gets paid and they get nothing.
mircea_popescu: my cock is exactly like a cunt minus the bleeding thing
mircea_popescu: "PSPs are allowed to hold fiat currency on behalf of third-parties and offer payment services, it's exactly what a bank does, minus the issuing of credit."
mircea_popescu: smickles namjies was asking if it's mpoe that puts the 1k bids on options
mircea_popescu: ;;later tell namjies ofcourse there's a bot putting in the 1ks. that's mpoe.
mircea_popescu: but anyway, that last speech is basically me advocating bitcoin, of sorts. in 2008 iirc.
mircea_popescu: anyway, they're not prepared speeches, either of them.
mircea_popescu: that first link there is me talking to the worst possible audience : some rural community of ~200 souls in the depths of romania
mircea_popescu: "Joseph John Aiuppa (pronounced, "I-U-PA") (December 1, 1907 – February 22, 1997), also known as "Doves," "Mourning Doves," "O'Brien," or "Joey Doves," was a Chicago mobster who became a leader of the Chicago Outfit."
mircea_popescu: i know. what i'm saying is, you don't just call 911 and get a credit check result.
mircea_popescu: for one, they cost money. for the other, pfff. who's btcjam
mircea_popescu: pigeons i don't even want to see the wave of mining bond failures if diff went down 80%
mircea_popescu: but in the event of an ulterior lawsuit if it turns out he changed his name it may spell additional trouble.
mircea_popescu: i mean it'd be technically fraud, you can only change your name by poll if you're not doing it to escape debts etc
mircea_popescu: lol maybe he takes it seriously and never mentions bitcoin again.
mircea_popescu: ahahah this entire caldwell whining that the transcriber didn't censor the ums is really hysterical