697400+ entries in 0.516s
benkay: <CheckDavid> dignork: but can't it decide
to never pay
them as well and just reinvest despite its success ? // also,
true.
benkay: <CheckDavid> And I was just
thinking
that a business can be successful without paying dividends //
this is correct.
CheckDavid: dignork: but can't it decide
to never pay
them as well and just reinvest despite its success ?
CheckDavid: And I was just
thinking
that a business can be successful without paying dividends
dignork: CheckDavid: at some point company may decide
to pay divs, it doesn't have
to be defined up front
pankkake: BingoBoingo: I guess he added
the utm_
trackers, and it
thought it was new posts. as I said earlier, it's a very dumb algo :p
CheckDavid: So apparently
this is common
that businesses (startups) begin without defining how dividends will be paid
benkay: this model needs some serious constraints on it before i can make heads or
tails of it.
benkay: on
the surface of
the proposition i don't give
two fucks. you won't
tell me how
the machine works and I'm expected
to make it go?
benkay: what is
the point again?
benkay: that is not investing.
that is gambling.
benkay: if i know nothing about how you're going
to
turn a profit what
the fuck?
CheckDavid: You can always spend.
That's
the point.
dignork: CheckDavid: because shareholders 'own' part of your business, so if your earning are not spent, you have
to pays
them
CheckDavid: What's
the incentive
to pay dividends?
dignork: CheckDavid: Can't a business just pay bonuses
to its collaborators => shareholders are kinda collaborators, so div are exactly
this
CheckDavid: It could be a business
that will never pay dividends
CheckDavid: But you know nothing about how I'm going
to
turn a profit
benkay: partner payments reduce net asset value of
the operation.
benkay: you'll note
that MPIF doesn't pay divs.
CheckDavid: Can't a business just pay bonuses
to its collaborators and just avoid paying dividends forever?
benkay: in
the case of mpex, mpex is an an0 company.
this isn't strictly
true, in
that
the
thing should
theoretically show servers and datacenter rental costs (...). in
the case of rentalstarter, well, why
the fuck are
they paying divs instead of reinvesting and growing NAV?
dignork: well, yes. But if
their earnings stop growing, it makes sense
to start paying divs
CheckDavid: A
tech startup can develop new
technology forever
dignork: with coca cola, obviously
they can spend
their money in something else, get into banking business for example, but
they can't do
this
CheckDavid: dignork: I find it hard
to conceive of a business
that can't
think of expansion .
dignork: CheckDavid: when you cannot
think of expansion
CheckDavid: Mats_cd03: I see. So when should a startup start paying dividends? And you have
to admit, from startup
to coca cola status is a long voyage.
dignork: CheckDavid: another case is legal, for example mREIT have
to pay dividents
nubbins`: generally a company pays dividends because its investors are fucking idiots and
they want
to start getting
their money back immediately after investing it
dignork: CheckDavid: normally
this happens when company cannot expand, so reinvesting doesn't make sense,
think coca cola
CheckDavid: I wanted
to ask something you guys certainly know
the answer
to.
BingoBoingo: Is
this a penguirker problem or an RSS problem?
assbot: Renminbi:
the worlds next reserve currency HSBC Global Connections
assbot: [HAVELOCK] [B.SELL] [PAID] 45.59524456 BTC
to 8`552 shares, 533153 satoshi per share
assbot: [HAVELOCK] [B.MINE] [PAID] 2.05667048 BTC
to 8`552 shares, 24049 satoshi per share
gribble: Bitstamp BTCUSD
ticker | Best bid: 519.3, Best ask: 519.53, Bid-ask spread: 0.23000, Last
trade: 519.53, 24 hour volume: 9960.40095559, 24 hour low: 515.4, 24 hour high: 535.99, 24 hour vwap: 525.874228967
assbot: VIX and More: Low Volatility: How
To Profit From a Quiet VIX (Guest Columnist at Barron’s)
bitcoinpete: "BitPesa’s fee will be a flat 3%. BitPesa handles
the entire
transfer on both ends; users buy bitcoins on
the one end, and recipients receive Kenyan shillings on
the other."
assbot: Kenya’s BitPesa Launches Beta
Test of Remittance Service - MoneyBeat - WSJ
bitcoinpete: "But you can still withdram coins without
this nazi-style questioning, right?"
bitcoinpete: whoa is us,
the redditards, ever victims of our upbringings
bitcoinpete: "EVERY
TIME BITCOIN RECOVERS SOME BULLSHIT LIKE
THIS HAPPENS"
bitcoinpete: there are some gem comments in
the anti-stamp reddit
thread
fluffypony: nubbins`: apparently it's
the Next Big
Thing
fluffypony: I have been assured by David Seamonster
that he will do PR for us
fluffypony: scratch
that - every major city in
the WORLD with a population above 500
fluffypony: with my personal guarantee as
the Most
Trustworthy Name in Bitcoin
Today
bitcoinpete: we're gonna be in every city in
the us within a year
fluffypony: bitcoinpete: let me
tell you about my idea for an EDM concert
nubbins`: anyway, it's bound
to be confusing pricing
these
things in fiat
nubbins`: given
that litecoins are ~$12, maybe not so shweet?
gribble: Bitstamp BTCUSD
ticker | Best bid: 519.63, Best ask: 521.87, Bid-ask spread: 2.24000, Last
trade: 521.87, 24 hour volume: 10287.52506963, 24 hour low: 515.4, 24 hour high: 537.0, 24 hour vwap: 525.889189973
nubbins`: honestly can't be fucked
to figure out gribble syntax, it's
too early
BingoBoingo: bitcoinpete: A lot of it was directed at BFL, it is one of
the better parts of forum history
bitcoinpete: nubbins`: i
think it was around 200 ltc for
the lot
nubbins`: and i doubt any of
them have lasting value
nubbins`: there are soooooooooooo many different kinds of physical coins out
there now
bitcoinpete: BingoBoingo: what righteous
trolling was
this?
BingoBoingo: I imagine physical lite coins might suffer a bit of a discount over C's bitcoins do
the
their creator, Smoothie's righteous
trolling
bitcoinpete: i even
tried litecointalk w/o much success
nubbins`: even ebay is a poor barometer in
this regard
nubbins`: can't
trust sites like
that. "i am asking for
this much money" != "it is worth
this much money"
nubbins`: it's squarely in
the realm of "luxury item" :)
assbot: Merlins Mint |
The Future of Money
nubbins`: 25s are a bit harder
to move because not everybody has (25* [ticker --last]) in spare change
to blow on a coin
bitcoinpete: there seems
to be a decent number of
the 10s for sale. pretty much zero 25s
nubbins`: aim for somewhere in
the middle :D
nubbins`: check
the goods and auctions subforums on btctalk, and
then check ebay
peterl: note
that just as MP leaves,
the price of bitcoins jumps up. He was
the one holding down
the price all
this
time!
bitcoinpete: ;;later
tell nubbins`i have a couple of
the lealana physical coins (2x10, 2x25) but i'm having a hard
time figuring out what
they're worth. could you point me in
the right direction?
bitcoinpete: ;;later
tell nubbins i have a couple of
the lealana physical coins (2x10, 2x25) but i'm having a hard
time figuring out what
they're worth. could you point me in
the right direction?
bitcoinpete: punkman: MP goes away,
the logs dry up, for shame << meh, he writes 300+ lines/day. if we're doing 1,000 - 1,200 in his absence, we're doing nicely
pankkake: assuming
there's a market for
those
fluffypony: pankkake: so even if he only has half of his 9 billion XRP left
that's still a cool US $15 million
BingoBoingo: pankkake: I'm kind of doubting we'll see $10,000 BTC while
they are solvent.
pankkake: ebay's website feels like legacy code on
top of legacy code
BingoBoingo: pankkake: Well,
they've
tempered
the slightest bit since enthusiastically hyping inputs.io
pankkake: I don't know, coindesk doesn't seem overly enthusiast about
those
things
BingoBoingo: I'm wondering when
the heard will start calling out CoinDesk for constantly leading
them over
the cliff into
the jaws of a Manul like a bunch of lemmings
pankkake: “We’re interested in
the long-term value of digital money, not optimizing for minor short-term profit.”
assbot: Circle Addresses Monetization Question,
Teases Future Products
BingoBoingo: Which made it
the standard for running single address wallets.
BingoBoingo: Nah, it only created new random addresses when you prompted it
to.
BingoBoingo: fluffypony: Sure, but I liked
the old Multibit random wallet.
That and electrum made a nice pair providing different kinds of addresses for different purposes.
fluffypony: "meaning
that you will be able
to regain access
to addresses created by MultiBit HD with a single ‘seed’ passphrase." - oh nice, so basically what Electrum has had for, what, 2 years?
fluffypony: they just link it
to
their flickr stream