63842 entries in 0.515s
smickles:
mircea_popescu: you got a bitcointalk account recently?
smickles:
mircea_popescu: that first link is one of my favorite pictures. it tells such an interesting story in my mind
nanotube:
mircea_popescu: yea, i'm no lawyer, so the agreement is not foolproof. but the spirit of the bet is about pirate honoring his obligations and actually being in possession of user funds
jcpham:
mircea_popescu's site is epic
jcpham: it's more of an investment in you
mircea_popescu smickles:
mircea_popescu: its not a loss, it's cash flow
smickles:
mircea_popescu: mpoe.etf pays last month's dividend in this month
smickles:
mircea_popescu: well, i would have had a goal of 3 to 5%
smickles:
mircea_popescu: if i had the funds personally, i would have already done that with 'C'
jcpham:
mircea_popescu can i give you money and you'll give me more?
smickles:
mircea_popescu: combine that with the valuation allowance
smickles:
mircea_popescu: it's the GAAP way to do it
smickles:
mircea_popescu: oh hyeah, i have paper losses for tax purposes too :/
smickles:
mircea_popescu: i figured it out, as a 'merican, culturally, i don't think losses in business are a bad thing. ya know, the whole learning from failure thing that has propelled business like Apple and such. I suspect ciuciu isn't 'merican
smickles:
mircea_popescu: i like all the art you spread
usagi: ;;gettrust ciuciu
mircea_popescu usagi: ;;gettrust
mircea_popescu smickles:
mircea_popescu: it was down to atleast .02 yesterday
smickles: kakobrekla: ciuciu claims that
mircea_popescu is a content thief and a spammer and a poor businessman, basically
smickles: kakobrekla:
mircea_popescu has had him on ignore for a long time
kakobrekla: also
mircea_popescu, anything to add to this ciuciu fud
smickles:
mircea_popescu: do you have any US GAAP / IFRS style reports for polimedia
smickles:
mircea_popescu: it was ciuciu's suggestion
smickles:
mircea_popescu: that's a nice improvement to the vwap.php
gigavps:
mircea_popescu i think you are smarter than you let on
teek: so if what
mircea_popescu is doing is a cdo then no
teek:
mircea_popescu, the %'s for a,b,c are these arbitrary #'s you decide or is there some math behind them?
teek:
mircea_popescu, still a little confused.. so in this case harnett would be the senior tranche thus offering the least reward, then mpoe, then you need some others in there or?
teek:
mircea_popescu: i think i get it, thanks for the info.. so out of curiosity why would mixing something at .3% and something at 1% not be desirable?
teek:
mircea_popescu: i just read the wiki on tranching but am a little fuzzy.. can you explain how it works here?
Luceo:
mircea_popescu: If you offer 15% outside bitcoin they'd call it a HYIP :P
teek:
mircea_popescu: something like that.. seems the interest is too low, everyone wants pirate rates
kakobreklaa: 05:09.09 (
mircea_popescu ) hmm, is assbot off kakobrekla ?
smickles:
mircea_popescu: well, i was exaggerating about 'k's, i would, of course, cater to large clients
smickles:
mircea_popescu: the more i think about it. the 'watching mpex addy and keeping track of stuff internally' method isn't as complicated as i made it out to be
smickles:
mircea_popescu: are you so unwilling/unable to have a line in the STAT similar to the Dividend receipts section which shows recent deposits?
smickles:
mircea_popescu: but what about when the sum of the users requests exceeds the amount of btc which is in the mpex account?
smickles:
mircea_popescu: but say my mpex acout has 10 btc in it, the user deposits 100 btc (to my wallet), i have to confirm that, forward it to mpex and wait for the funds to show up in the CxBTC before they can do anything over 10BTC
smickles:
mircea_popescu: if i had some confirmation of funds being available in a STAT, i could safely have the user send a deposit directly
smickles:
mircea_popescu: then a user could take advantage of me
smickles:
mircea_popescu: i would need to know when the funds became available in the account. is that not done manually?
smickles: ug,
mircea_popescu, what am i missing here. Is there a way to see that a deposit has made it into an mpex accout other than seeing that the account balance is higher?
smickles:
mircea_popescu: lol, it's the apache default cert
smickles:
mircea_popescu: well, i'm making db tables of my own to hold data for mpex sub-accounts
smickles:
mircea_popescu: i wonder if i'm replicating your database tables, just with different names
smickles:
mircea_popescu: how about the lantern is just the options exchange, the market is made by it's users and your /independant/ market making bot
smickles:
mircea_popescu: damn. you'd need some fairly sweet AI
smickles:
mircea_popescu: what? ppl cant hold shares in some autonomous program with no human controller? what's the problem of ipo in that situation?
smickles:
mircea_popescu: what you should do is allow it to automatically purchase and run from algorhithmicaly determined hosting services while also setting up all the manual operations in automatic form. Then, release it like one of those 'lucky lantern' things
kakobrekla:
mircea_popescu, i added mpex dividend payments to assbot
smickles:
mircea_popescu: is there any way to find out if the funds are going to (or likely to) be used?
smickles:
mircea_popescu: suppose the 'bonds' people subscribe to were done with a multisig transaction some how where the lender could recall the funds before they are used (or marked for use) by mpoe?
EskimoBob:
mircea_popescu: do you wriet the options?
copumpkin:
mircea_popescu: oh, there might have been competition, but not as much as there might have been if you hadn't tied it up :) since many potential competitors might abstain from participating, just because of the risk, even if they were willing to offer low rates
copumpkin:
mircea_popescu: that doesn't mean there was competition
smickles:
mircea_popescu: wouldn't there be competition even w/o the 'tie up'?
smickles:
mircea_popescu: arn't those ppt.X things zero cupon bonds?
EskimoBob:
mircea_popescu: yes, until everything is OK
smickles:
mircea_popescu: so then where would the funds to cover losses come from?
smickles:
mircea_popescu actually has a record of changing MPEx's insturments when shortcommings are pointed out
EskimoBob:
mircea_popescu: do not take it personally but I think you need to rewrite it a bit
EskimoBob:
mircea_popescu: default is something else and not what you have there
EskimoBob:
mircea_popescu: you see, bond is a loan. Equity is like lets build some stuff and I'll give you some money. What ever you build, part of it is mine and so are the profits...AFTER! the bonds are paid off (its debt)
EskimoBob:
mircea_popescu: you wanted to look at some securities?
EskimoBob:
mircea_popescu: one from last night?
noagendamarket:
mircea_popescu no we havent. I havent traded otc for a long time.
smickles:
mircea_popescu: as low as 0.00861487
smickles:
mircea_popescu: there we are. but my point is, given the current ust/btc price history, the amount of hashes on the network has yet to catch up
smickles:
mircea_popescu: hmm, i think i used a different method to value it or something
rg:
mircea_popescu: most of my trades are over $100
Luceo:
mircea_popescu: The flaw is that stupid people don't read the descriptions of the trades :P
Luceo: ;;getrating
mircea_popescu smickles:
mircea_popescu: if polimedia is, as you state, your company. then surely you can show me a pic of the company's logo/name on a bumpersticker which is itself on a pair of tits
Azelphur:
mircea_popescu: can I call you Martha in future
Luceo:
mircea_popescu: Azelphur didn't steal me :P
Azelphur:
mircea_popescu: and then donate it all to the church :P
smickles:
mircea_popescu: yup, those people
Luceo:
mircea_popescu: Speaking from experience? :P
Luceo:
mircea_popescu: That.