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mircea_popescu: well that's an incorrect representation. obviously it may be convenient, but it's not the case.
mircea_popescu: and back when it still was known, we were still waiting.
mircea_popescu: glbse.com is no longer responding, the website itself.
mircea_popescu: sure, the concept of spices, or the concept of cargo, or the ship's destination still exists.
mircea_popescu: if it's not heard from in X time, the company is dissolved as worthless.
mircea_popescu: basically, the reasoning is this : there was a company organised to finance a ship sent to wherever.
mircea_popescu: nah, if it doesn't come to its senses by dec 1st it's not getting reinstated.
mircea_popescu: Barack Obama will be re-elected as the president of USA
mircea_popescu: and seeing how there's maybe a coupla dozen actual people with actual investments
mircea_popescu: im mostly curious to find what exact way does nefario find to both fuck up in some entirely unexpected novel way and also render this bet moot in one fell swoop
mircea_popescu: but i mean... if not even half the shareholders are reinstated the thing is moot anyway
mircea_popescu: mkay. so " by feb 1st more than half the shareholders are reinstated in at least two of gigamining, asicminer, bitbond as a result of nefario releasing the lists to the respective asset owners"
mircea_popescu: what were decent-ish assets there ? giga, asicminer and what'd be a third ?
mircea_popescu: mk, so wanna bet the shareholder lists aren't released by feb 1st ?
mircea_popescu: so when exactly do you expect the shareholder lists to be released ?
mircea_popescu: so what makes you think that the lists will be released, but after december ?
mircea_popescu: much more importantly tho, were all the payments sorta early oct ?
mircea_popescu: if i pay you 100 btc, is it right that my program takes 100 btc to your address and 900 btc to another address of mine ?
mircea_popescu: suppsoe i have a 1k btc payment in my wallet (and it's all i have)
mircea_popescu: but anyway, a key consideration is that those shareholder lists are only useful early on. they decay so to speak
mircea_popescu: (in fact, it may well be argued nefario stole the few k btc he had of glbse money, then insisted theymos return the few hundred he held, then used that to pay SOME people and end of story there)
mircea_popescu: BTC-Mining paid some people originally. that was weeks ago. then he stopped payng, and now his site is gone.
mircea_popescu: bitfloor... went down, guy asked for our help, now he's gone.
mircea_popescu: bitcoinica's still not paid. people still entertain the notion they will get something back, obviously, but it's been what, half a year.
mircea_popescu: well... the way these things work is that there's some communication originally... but nothing comes of it.
mircea_popescu: i think it's much like missing persons. those not found in twoo weeks are never found.
mircea_popescu: yet when it comes to booking losses... nobody thinks o look, five weeks that's five irl years
mircea_popescu: irl dividends are paid yearly. in bitcoin people expect weekly, some even daily. monthly is considered VERY rarely.
mircea_popescu: it's been a month already. november is another month. how much later than that ? 2014 ?
mircea_popescu: o also, f.giga.etf going away on dec 1st, if anyone missed it earlier
mircea_popescu: "I thought genjix had to eat catfood + bits of newspaper cause he was so poor ?" 0.0
mircea_popescu: "he also lied about having an OTC rating at the time if the transaction to get me to send first. I was knew and didn't know what OCT was then and was desperate for money so I foolishly agreed."
mircea_popescu: then lag would measure their usd -> btc -> mpex latency
mircea_popescu: as in, "get more shares of the same company for the same usd"
mircea_popescu: ya i guess if they do that then weakening of btc/usd is actually buy signal for s.mpoe
mircea_popescu: mpoe made a wash, s.dice i guess will report its first loss ?
mircea_popescu: they should be rewarded for their prudence not punished for not having been dumb enough to play bernanke
mircea_popescu: anyway, the massacre hedge funds are suffering at the hands of a compeltely imaginary stock market is really sad.