573400+ entries in 0.423s
badon: Plutonium is directly
tied
to
the uranium market, so rising value of plutonium is reflected as rising value in uranium.
badon: BingoBoingo: certain varieties of it are currently
the most commercially valuable substance in existence.
BingoBoingo: badon: What are your
thoughts on
the plutonium market?
badon: Myself and a guy in Canada were
the only people in
the world
to publish a prediction about palladium. He got lucky. I kept doing it over, and over, and over, for 10 years and counting.
badon: They will
tell you no.
badon: mircea_popescu: I have a lot of enemies at
the china-mint.info forum.
They have
tried
to find fault, so ask
them if I delete my own posts.
badon: I don't have
that, because I don't delete any of my published posts, including
the ones I would prefer
to go away.
assbot: How
to make money on
the Internet while pretending you know what you're
talking about and accumulating a legion of mindless followers - for fun and profit! pe
Trilema - Un blog de Mircea Popescu. ... (
http://bit.ly/1ybDbfR )
badon: mircea_popescu: No, what is
that?
badon: You'll have
to look, I honestly don't remember how far back it goes. I have hundreds of articles, and I
think
there's a chronological list somewhere...
badon: mircea_popescu:
That's when
the discussion group was founded. I'm not sure how far back my articles go. At least
to 2009, for articles
that are still online on
the SMF forum site.
mircea_popescu: badon 2014
to 2012 is substantially a weaker claim
than "since 2004".
badon: Well, I'm not going
to publicly acknowledge it as mine, if it were :)
badon: You could ask
them.
That's a popular site.
They used
to
talk about my articles a lot
there. Not sure if
they do now,
though.
badon: For example, when I was investing in silver, I called
the direction and
timing of market changes with 100% accuracy. I made a convenient chart of my predictions somewhere, let me see if I can find it.
badon: Publicly,
that is.
badon: mircea_popescu: I call my shots publicly. Check my
track record at LBC. No financial analyst in any market ever in
the history of ever has been as accurate as I am.
badon: The point is
that comparing China
to
the West can cause severe under-estimation of profit potentials in
the Chinese coins.
mircea_popescu: im sure some sort of something or
the other was big in south and north america. so what of it.
badon: If I remember correctly,
the comparison still held for both.
badon: mircea_popescu:
The lists are sortable by land area and population.
badon: For example, if you look at a wikipedia list of
the largest empires, I
think
the Romans don't even rank in
the
top 10.
badon: mircea_popescu: No, I'm
talking about in general, historically, not only now.
badon: China goes big, much more so
than
the West.
mircea_popescu: maybe you're seeing
too much into
the natural excesses of first generation chinese new money.
badon: mircea_popescu:
That's an excellent example of why age and rarity alone are not good determinations of value, nor investment potential.
badon: Actually,
the differences between Western mature numismatic markets and China's immature numismatic market, may not be a negative factor for
the profit potentials in Chinese coins. For example, important American art might sell for a few
tens of millions of dollars. Fairly unknown Chinese art can sell for hundreds of millions of dollars.
badon: yes, you can get coins like
that.
badon: That's why
the comparison isn't 1-to-1
mircea_popescu: anyway, do you have or can you get chinese coins from 100 ad sort of
thing ?
that'd be more on point for millions of dollars.
badon: mircea_popescu: You are correct in your impression,
to a degree.
mircea_popescu: seems
to me
that "mature numismatic market" contains some presupositions
that won't hold after you flood it with random coins.
badon: mircea_popescu: Coins from China with a mintage of 100 can be bought for under $200 if you're lucky.
The same coin in a mature numismatic market could sell for millions of dollars.
davout: wunderbar, let's do it like
this
badon: I could create a project for it at
the CC, if someone wanted
to oversee it. I'm not qualified
to do it myself, and we don't have
the funding
to have
the CC
team do it without some major help.
mircea_popescu: " I don't mind over paying a little as
the wise man baden always says,
to get what I like but I have limits &
they are based on potential of growth, 10% is better
than bank interest but I would rather a potential 50% - 2000%!!!!! (savvy or greedy?!)"
mircea_popescu: davout i can do
that, sure. just, hadn't seen you in a while wanted
to see if you still move or what.
badon: Yes, physical bitcoins can be
tracked.
badon: mircea_popescu: Yes,
those would be
trackable.
mircea_popescu: badon you're familiar with
the various "physical bitcoin" issues
that often sell for whatever, 15k
davout: mircea_popescu: a way
to speed
the rollover up would be
to not wait for each other
to be around
to perform our respective steps in
the process
badon: punkman:
That's an interesting idea, but I haven't been able
to envision a way
to make
that work. Do you have something in mind?
badon: mircea_popescu:
That's also why
the market is so reliably profitable.
badon: mircea_popescu: It is a challenge,
truth be
told,
that's why
the CC is so handy.
mircea_popescu: "I
try
to identify & buy into
the hype in
the beginning or as it is happening (the pro's would be about 2 steps ahead of me) but not after
the initial rush because of
the lower potential for price rise."
badon: The funny
thing is, it's a prominent fellow in China who can't even read English.
They have noticed
the badon effect all
the way in China, despite
the fact all my writings are only in English.
That's like causing a
tsunami in Japan by flushing
the
toilet in Detroit.
mircea_popescu: badon ok, so you're getting some
traction. murky market as all hell, will prolly be a challenge
to stay on
top of everything.
badon: Today I was just notified
that someone is sending me a few hundred dollars worth of free coins
to me, solely because he likes
them and he wants me
to write about
them more often.
davout: if
there's a day you weren't around i would be able
to identify
this particular day, yes :-)
davout: mircea_popescu:
that's if you're around
too
mircea_popescu: davout if you're around on
the 15th i dun see any reason for it
to
take more
than a few minutes.
davout: you can't disable
the auto-stfu
badon: #hypothes.is is surprisingly similar
to
the CC.
davout: it's like
the IRC nick hairgel
mircea_popescu: get in
the wot an'
talk
to nubbins` you'll be like
two peas in a pod.
mircea_popescu: actually, what i see : you've got a passion for coins and are
throwing software at it. nothing wrong with
that.
badon: coins aren't as rare as
they
truly are.
badon: mircea_popescu: Anyway, did you see
the simple research example? It's basically checking past sales prices, but
the power of
the CC allows you
to count
the number of specimen appearances on
the market
to determine rarity. Ordinary price guides would just show a bunch of sales, with no epiphany
that all
those sales are actually only
the same 2 coin specimens over and over.
The number of sales alone would mislead you into
thinking
the
punkman: mircea_popescu: no
they are still working on
that
mircea_popescu: davout wait, wasn't
tardstalk run on a newly made software by some one-guy company
that got paid half a
trillion dollars for
that ?
badon: We use plain vanilla SMF as a bug
tracker, because a bug
tracker is basically a forum. Same
thing for a blog at LBC.
badon: davout:
That's
the
thing, it's not hacked, it's stock.
mircea_popescu: badon i mean
there's all sorts of kids reading
the logs (ie,
the "Webinar" lol)
davout: badon:
to abuse bitcointalk a brain is sufficient, no need
to resort
to hacking
punkman: badon: you should probably watch out for
that ddos bot, now
that your links are in
the logs
mircea_popescu: im sure
the script kiddies in our related webinar will be all over
that.
badon: IT's a great way
to abuse a forum :)
gribble: Error: User doesn't exist in
the Rating or GPG databases. User must be GPG-registered
to receive ratings.
mircea_popescu: ^
there's a lot of coin discussion in
the logs, including offers
to sell stuff etc.
badon: I
think I'm register in WoT. What do I do next?
mircea_popescu: badon listen, get registered in
the wot, i'll rate you just for nubbins` pleasure.
badon: mircea_popescu: You haven't seen anything yet. We use SMF at
the CC forum as a bug
tracking system.
badon: The star of
the show are
the lists.
badon: mircea_popescu: No, it's very
tame business discussion group - basically my personal hobby/blog site.
badon: That one is complicated, and shows off some of
the power of
the CC, but you might not understand it if you're not savvy about
the particular market we're
talking about.