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74000+ entries in 0.874s
mircea_popescu: as if being a bum is different based on the type of currency you don't have.
Rulother__: "There will be updates on this as well. I will be in contact with Burnside. All I can say is that the LABCOIN Founder and Developer core is bound by the news update and is not selling shares. This will be verified by Burnside soon enough."
Namworld: No need to have heard it. You can make stuff up on the spot and say your heard it as a rumor.
pankkake: it's as ridiculous as the warnings of torrent websites
smidge: but as previously stated, we could see 3 before 5
DiabloD3: http://blog.soylent.me/post/57550580385/just-as-soylent-is-disrupting-the-traditional-food
weex: thestringpuller: you can withdraw as much as you want but only so many coins will go out immediately
mircea_popescu: it's not the case this is an ipo, such as for instance s.mg ipo'd.
VanCleef: so i guess this is valued same sort of price as btcgarden
VanCleef: are they putting in money as well?
VanCleef: same sort of valuation as btcgarden
mircea_popescu: giving shit allows you to string out the idiots and only the idiots for years, as bfl has recently proven but otherwise as it's been documented ot high heavens already.
mircea_popescu: as i've said about fiddy times, it's not badly spelled and badly thought out because nobody in nigeria can be found who can spell
dexX7: i'd say it's the same as a legit business, but without delivery
dexX7: but as far as i understand there was even a btcman mod who rebelled
pankkake: and it's just the "last price", if you look at the order books, AM1 is higher as always
pankkake: you don't need much to move, as there isn't much volume
mircea_popescu: it costs about that much to get hard currency out of the country. simple as that.
thestringpuller: right as the difficulty changes
thestringpuller: or on the seller as it should be :P
dub: listed full price on shipping docs so I paid twice as much tax
Exocyst: Y, I linked my trading api to his index as a reference
ThickAsThieves: "After realizing it was easy to catch us selling all our shares, we sold as many as we could for now, and have about 75% left. We WILL sell these later though, k?"
ThickAsThieves: i can do it as often as i like
matuszed: the asset should be more appealing as the costs are in USD
dandate2: when the bitcoin value goes up does the btct assets values go down as people sell to go profit on the commidity equity?
Rulother__: and they'll use it as a reason to keep NSA going
kleeck: eASIC is partnered with ActM, eASIC is shown as a strong vendor in cutting edge technology, ActM is recognized as making a profitable partnership - 28nm isn't so "ZOMG TOO FAR OFF NO WAI" anymore.
mjr_: which is probably an important detail, they referred to the company as "avalon" which it is not
mjr_: definitely not place that on the same level of news as a wall street journal "rumor", which mentions details that seem to match up with what we know to be true]\
mircea_popescu: ;;later tell exocyst if you're looking for explanations as to why the "mining stocks" ie scams have been deflating the past days it has absolutely nothing to do with any wsj article.
dexX7: "No way the Wall Street Journal would take that article as their only source"
thestringpuller: ThickAsThieves: didn't realize Jurov had as much depth on these as he does
thestringpuller: just that as difficulty goes up, if you own mining hardware it's value goes down
dub: just as likely to be a case of idiots realising they are investing in mining companies that are nothing more than a post on a forum
thestringpuller: as the difficulty increases your hardware depreciates in value
naemsi: more freedomhost news than tor news as i parsed it
dub: got a small amount of food etc as contingency until I can get to the land, obv
thestringpuller: Bitcoin, in and of itself, is in no need of any particular government or any government at all. It doesn.t need the Internet, as proven by the existence of brain wallets, and it doesn.t need computers : you could do the whole blockchain thing pen-on-paper if you had the inclination. It doesn.t even need people : it.s perfectly possible for gas molecules somewhere to play out keypair generation, hashing, blockchain creation and all that.
thestringpuller: dub: lol pre war ammunition as a currency
dub: TE issues aside, they were only ever as good as some dude issuing them in his basement
thestringpuller: I didn't say tamper proof exists as of now!
thestringpuller: y? because the coins are being overvalued as collectibles?
mircea_popescu: teh people. will not read, then behave as if that changes reality.
jurov: it will be 0.00750, we plan to make same offers as on bitfunder
jurov: dexX7:hi, it will be 0.00750, we plan to make same offers as on bitfunder
pankkake: AM100 is available on BTCT too, as TAT.ASICMINER
Diablo-D3: LLC yes, but not as a shelter
Urushiol: as a shelter?
ThickAsThieves: as education/reference/spec
mircea_popescu: such as you know, buying gems.
thestringpuller: so ultimately you'll need someone with the spare capital to act as the anchor?
mircea_popescu: ThickAsThieves were you here back when he came in to like... i dunno, cuss me out as a pr exercise i guess
ThickAsThieves: if they arent, they may as well be
ThickAsThieves: issuing mining bonds inst as easy these days
thestringpuller: hard to provide because it's harder to price than options which are difficult enough as is to price
thestringpuller: mircea_popescu: http://trilema.com/2013/how-to-hedge-as-a-miner/ - how long until someone comes and is able to market make diff futures
smidge: dex the last price of the day would be used as reference for the next
smidge: as you described, the variance would be too low
dexX7: smidge: in which intervals are p1 and p0 calculated? this seems to be critical, because if you do the calc.. well, let's say every new trade, the difference is very small (as only one number changes) and the result oscillates very close to 100
mircea_popescu: the 1% theory is also weak, as the site charges the same total no matter who wins.
mircea_popescu: well, as a matter of fact i can't see such a contradiction.
Neil_: mircea_popescu: So, returning to SDICE, I personally saw contradiction in (someone)'s decision to decide that while the market cap of SDICE went to zero, the share price didn't. I don't see this as black-and-white, and that if you say the share price didn't go to zero, it's inconsistent to claim the market cap did. The third choice of "no meaning" would have been a more reasonable resolution IMO, but of course would have cost BB
Neil_: I didn't like your resolution of the SDICE issues, which cost me quite some $$$, but I just sucked it up, I don't read it as malice.
Neil_: Personally I, for no really good reason, trust your attempt at independence. But it's never the same thing as real independence.
mircea_popescu: in principle it could split 101/102 or some shit, as unlikely as that may be. in which case 101 would go to proposer. but in no case wil lproposer be assigned more than half the house bet.
Neil_: So what is the meaning of house bets exactly? I intially (many moons ago) read it as "that looks like a good punt". But later I realised it means what you gain out of the initial bet distribution on creation. Or something like that, but it's not very clear.
dexX7: smidge: in which intervals are p1 and p0 calculated? this seems to be critical, because if you do the calc.. well, let's say every new trade, the difference is very small (as only one number changes) and the result oscillates very close to 100
mircea_popescu: that's about as far removed from NUDE as it could be ozbot
ThickAsThieves: "Can also be used as fish ponds, python bathing pools, fire pits or tombs."
matuszed: makes sense as were about to breach
smidge: as said, its pre-alpha. there will be more securities in there to reflect a realistic benchmark, plus more frequent updates
kidkrypto: good side? you mean that small town known as perth
dexX7: is it too soon to declare conventional stocks as dead?
dexX7: Have you ever looked up how to make a pressure cooker bomb? My husband, ever the oppositional kind, asked them if they themselves weren’t curious as to how a pressure cooker bomb works, if they ever looked it up. Two of them admitted they did. < lol
arij: can i use my mtgox yubikey at other places such as btc-tc
ThickAsThieves: now, I have more equity than is required to back the current amount as well
thestringpuller: as I said you can redeem each bond for 95% face value with the issuer (TATI)
Namworld: What? The fuck is that shit. GSDPT was paid as a dividend
VanCleef: created around the same time as ipo?
topace: as the 500,000 sell on the market, the "units outstanding" will go up
Hollywoodundead: Bitcoin’s legal definition as a currency, commodity, investment, or financial instrument may be subject to unique regulations in some jurisdictions. The issuance of bitcoin-denominated securities may be considered high-risk in the current environment. Please perform due diligence in all of your investment decisions, and consider all risks before purchase.
Hollywoodundead: TAT Investments has provided identity information to the host exchange privately as a gesture of good faith, as well as emergency contact information.
Hollywoodundead: In the event that the issuer chooses to, or is forced to, close this asset for any reason, a new operator may be vetted and chosen by TAT Investments to take over control of the asset, or all bonds will be bought back by the issuer at 105% of face value. Daily coupons remain due every day until such time as TAT Investments is able to make such a final payment.
Hollywoodundead: The issuer has the right to recall any outstanding bonds at will. If TAT Investments recalls only a portion all outstanding bonds, we will do so as proportionally among all bondholders, rounded down to the nearest whole unit.
Hollywoodundead: Backing equity will be held in publicly verifiable accounts, and a quarterly transparency report will be provided to detail all backing assets. TAT Investments may use bitcoins or any publicly traded bitcoin security assets as backing.
Hollywoodundead: Any equities assigned as backing to these bonds will be otherwise unencumbered from any liabilities to other securities provided by TAT Investments.
Wild0wnes: that went fast as shit
Rulother_: I read that as in bubble pop
Wild0wnes: okay so on xbond.... if on your next IPO how will you keep from double selling stock.... are you going to change the Units Outstanding on the IPO as you get pre-IPO orders?
Wild0wnes: actually i'm still reading it. just struck me as unlikely that you write a blog but don't do your own PR
mircea_popescu: that's my point. list is kind of useless as you can't distinguish between the case where exchange deleted/replaced a holder's address
mois: on registering an account you are creating a new address to use as your public address and in the case the exchange goes down, you can claim your shares with this address (signing it)
pankkake: the adresses are there to prove you're the owner actually - as you can use them to sign messages
Wild0wnes: the xxxbox has one stuck in on as well doesn't it?
Rulother_: I am really curious as to whats going to happen with BG when it actually makes it past its wall, whenever that happens.
VanCleef: nice, yeah i think i seen something similar on bf as well
mircea_popescu: just, slow as molasses to get going because "the community" is investing in gembears.
mircea_popescu: as a rule of thumb, i've been doing all the good ideas for a while.
ozbot: How to hedge as a miner pe Trilema - Un blog de Mircea Popescu.