mircea_popescu: physicist turned metaphysician under the guise of psychiatry.

mircea_popescu: ah, any csv thing works.

mircea_popescu: show, don't tell. when you tell a) everyone knows you're lying, whethetr you are not not and b) nobody can be bothered to go look anymore. fucking show. always.

mircea_popescu: this shit needs actual work. with the head. make a point, and make it interesting.

mircea_popescu: ;;later tell pete_dushenski i hate your articlke, fwiw. broadly because it's a very lazy stitching together of unexplained quotes, narrowly because wtf, qntra now links to wikipedia ? splendid, we're building a total alternative over here.

mircea_popescu: <trixisowned> There was no way to contact whoever made the post BingoBoingo << like http://qntra.net/contact/ ?

mircea_popescu: the fact that a bunch of scams are a bunch of scams, from icbit onwards does not mean that pointing out one particular scam as a scam is "supporting the others".

mircea_popescu: <trixisowned> because thats how it comes off << are you silly ?!

mircea_popescu: <assbot> New York banker, 42, slashed throat during bender: sources << lmao getting moar and moar believable.

mircea_popescu: i predict we will see the day when that's what it's gonna say.

mircea_popescu: fucking trolls.

mircea_popescu: 185.34.216.71 resolves to "ddos-server.intyl.biz". who the fuck came up with this idea i wish to know, and i further wish to know how many people reading logs got a start from it.

mircea_popescu: and im really talking to my own site.

mircea_popescu: turns out RamNode had the cute idea of naming its stuff thusly.

mircea_popescu: little old me going through his logs, runs into a line

mircea_popescu: mebbe we get someone to translate it to chinese.

mircea_popescu: so do the huobei vs stock generation piece ! for great justic

mircea_popescu: no, because a spitting copy of that other kim is coming by to visit us in a little, and ima have my hands full

mircea_popescu: kakobrekla because you've not built the ship!

mircea_popescu: kakobrekla: next week they will be back on coindesk with some new chumpatron <<< no, it gets better. next, they will be getting the congressional medal of honor, for "innovation"

mircea_popescu: that thing.

mircea_popescu: Companies 10 and 11 promised monthly returns of 50% and 100% (later 40% and 70%) respectively. At the same time, share prices could plummet 50% for company 10 and 100% (e.g. all the way down to 0) for company 11. That caveat (known as Rule 18) was another way for StockGeneration to justify their claims that this was a gambling website, rather than an investment vehicle.

mircea_popescu: Company 9 was the "privileged" company, with its shares "guaranteed" never to decrease in value. Promised return was originally 10% a month (215% annually,) but was later reduced to 7% a month or 125% annually. In early April 2000, Stock Generation, despite all previous guarantees, devalued its privileged company shares to 5% of their previous value.

mircea_popescu: shit not mmm. stock generation. the internet thing

mircea_popescu: which is EXACTLY what happened there.

mircea_popescu: BingoBoingo the correct angle there is to compare to MMM ☟︎

mircea_popescu: they would be shifting their focus almost entirely towards the goal of funding "core development" << my translator comes up with "it's dead".

mircea_popescu: BingoBoingo: It sounds like scam, so should be qntra'd, but could probably benefit from someone more familiar with where the scam is here writing it up. << looking.