log☇︎
786500+ entries in 0.503s
the20year: Most interceptors are traveling upwards of mach 5, so that's mach 20-25
Namworld: An alert, a short human check on the object to confirm, shootdown.
the20year: Nearly impossible to intercept with another missile, try hitting a moving target that's incoming at mach 15 to mach 20
Namworld: What's the problem if the missile is hypersonic? Drop the radar, use satellites/visual.
BingoBoingo: Namworld: the20year: The answer existed in the 50's -> nuclear tipped air defense missiles
the20year: Russia has a few systems deployed that are retargetable RVs that are very effective against most missile defense systems, but our systems aren't going after Russia's , they're more for iran/NK
Namworld: There's already efficient missile defense system for small ones that are cheap enough. Soon enough yeah, laser.
the20year: We have a minimum funding goal of $50k, hopefully we can get there soon so we can get it released and another property
theo__: Thank's for your time the20year il slide over there, and keep an eye on this. Btw congratulations so far on selling ~5500 shares so far.
the20year: Laser based systems can put the hurt on hypersonics
BingoBoingo: asciilifeform: It looks like nike style "You only need intercept the general area" missile defense might make a comeback http://thediplomat.com/2014/02/will-hypersonic-capabilities-render-missile-defense-obsolete/
the20year: that's where i post up the daily details on what's going on
theo__: I may slide over to the channel soon and see how its rocking :)
the20year: Now, we do have the IRC channel at #rentalstarter which helps alot
theo__: I suppose those that communicate with yourself and others inside the company and those who are eager to be involved in more then just "LETS THROW MONEY AT IT!!!!!!"
the20year: Out of the guys we have, there's 3 I really like that do understand business, one is absolutely fantastic, most others don't have much of a interest, so the problem/issue becomes how do I get to cherry pick those that help control the company?
mircea_popescu: is this a different oakland ?
the20year: And that's my concern
mircea_popescu: "In San Francisco alone, about 60 percent of all robberies involve the theft of a mobile device, Police Chief Greg Suhr said. In nearby Oakland, such thefts amount to about 75 percent of robberies, Mayor Jean Quan added."
theo__: Perfect, the only thing i could see with being the problem is, do the top 5 share holders want a say in the company as in being a director as i think a lot of the investors (especially early IPO) would of just been using it to invest there BTC into real world without the proper understandings to be able to help run something such as this
mircea_popescu: what the fuck leaders, that's not what you call a herd of pencilnecks.
the20year: Or maybe a 5 top shareholders + 5 shareholders as voted by the body
mircea_popescu: asciilifeform believe it or not, the most offensive part in there is the "leaders"
the20year: What I'd like to do is take from either the top 5 or top 10 shareholders
the20year: Mpex is sort of a bitter/sweet thing , high potential for large investment, but high capital to list, and most of my investors stated to me that they wouldn't migrate
theo__: the20year: how much will it be to make it onto the board of directors because that is something that has now caught my attention
nubbins`: mircea_popescu, probably the only truth on the website
Duffer1: mainly it was peta/cfig/mintspare that really tells me they're not interested in investors, they just want to fleece customers
theo__: the20year, i think stay away from mpex as well. Not user friendly unless high level computer user, and i personally believe its tied into a giant drug laundering scheme
ozbot: California leaders push for smartphone kill switch - Wire Technology - The Sacramento Bee
theo__: agreed i own a few to many but lol got excited with there IPO and now own 3000 @ the IPO price >.>
theo__: duffer1: anything further? i would agree that the mintspare company seems shit and also the bitcoin mining derivitive i stay the F away from. But to me seedcoin I was one of the best put companies in a while (well until i saw REAL)
the20year: IE have the top 5 or 10 shareholders get a director position, where we then make the right choices
Duffer1: with the exceptions of rentalstarter and maybe neobee ofc
the20year: As it is right now, i have control and can do essentially what I want, but as I had stated in the past , i want to do like a board of directors type of thing
theo__: ok, and is each share = to 1 vote in the company? so at the end of the day with you retaining 60% stock you always have the winning vote? or will you have your's as a vote of absence and decided only in deadlock?
Duffer1: the quality of the offerings since takeover is what i base that on
theo__: duffer1: can you explain why that is at all sorry?
the20year: and out of all the people i've talked to, he seemed to know what he was doing
the20year: Then they sent me to some other guy who cleared up literally everything in a 30m phone call
the20year: There was one guy i talked to who was alright, lots of miscommunication
theo__: So the new company who owns havelock you haven't had any problems with? as this was something i noted on the bitcointalk.org forum that people were complaing / being weary of
mircea_popescu: nubbins` according to the onion, 80% of us adults get their news from the onion.
the20year: Not that i mind it, whomever I'm talking to at HL is quite bright
the20year: for some reason all the guys at havelock hate text commuication and always call
the20year: all that information though is on the contact details at HL :)
mircea_popescu: ok i gotta put the markov chain on ignore, this is too much.
theo__: Do you have an email or any other form of communication to talk more privately? I may think about becoming a largish scale investor in your company. I am liking the way you hold yourself and your answers.
nubbins`: "This week Russia praised the United States for its rich history of making gay athletes feel unsafe and unwelcome"
asciilifeform: 8 shots -> somebody wanted to know where the coldwallet is.
the20year: Nope, i sold off my website company that was taking most of my time in September
the20year: I got rid of all those 2 years ago
theo__: so you'r not on any boards anymore that could restrict your commitments to the company if it is to turn well?
the20year: I have a few small time businesses I run
theo__: Youngest = understanding it the fastest in my books anyway
theo__: Can i ask a bit deeper as in are you currently still working outside of this company?
the20year: It was odd , i was the youngest, the last, and the longest overseeing president
the20year: under my careful management we liquidated the board :D
Duffer1: accidentally shot himself in the back a few times ceo?
the20year: I think i've been on more than that, but i was president of the Pickaway board of realtors which was...fun
Duffer1: i won't even charge for this service
asciilifeform: when do we get the chainsaw-autodecapitated CEO?
Duffer1: every single one of them
Duffer1: Offering the Bank of Duffer1, send me your coins and next year i'll send them back to you
the20year: You're speaking of the local realtor board?
the20year: I'm the only real manager , if anything were to happen to me, ben from buyahash would step in to manage
the20year: There's only one sizable shareholder that hasn't imported yet
theo__: Do you mind if i ask a bit more of a personal question. As in how old you are? Just so i can get a grasp of who i am investing into, Because as far as i can tell it seems you are the company or is there more people in the managment team?
ozbot: How to pass time on the train - Imgur
the20year: Correct, it's my way of telling them to get it done :)
theo__: so anyone who has not moved there shares misses out.
theo__: no problems and that dividend will only be for share on havelock?
the20year: .7btc spread out on whatever shares there are
theo__: And you will have first dividend out on the 15th? Which if i look at it right will be averaging a ~3% yield because of the new IPO purchasing power not being included. This would be about right?
nubbins`: hm, you win this round
the20year: Price ranged from .011 (IPO price), to a high of .0365 or so
the20year: We were on BF from the june IPO through it shutting down
ozbot: imgur: the simple image sharer
the20year: Yeah, we did quite well in the runup on prices, that was till bitfunder collapsed
theo__: Duffer i have to many BTC to leave them sit as only BTC i need to diversify and RENT offers a realistic aproach to reinvestment with his companies share value only increasing even with the price of bitcoin 8x higher then his inittal IPO
the20year: Ideally, i'd like to see the original purchase price re-invested, so the property pool doesn't shrink
Duffer1: heed MPs caution theo
the20year: last time we had a vote to ask the direction of what shareholders wanted to do , it came back as 40/60 in terms of distribution (Re-investing 40%, distributing the rest)
theo__: Would you reinvest or divedened the profit?
the20year: In terms of the lease purchase option being executed?
the20year: Or the guy that runs with the exchange dashes off with your divs/equity
theo__: the20year: Alright that answers my next question. My last major question i have is with the 3 year rental - equity buy back how would that work in terms of a shareholder dividend?
mircea_popescu: the rest is hardly within a coupla degrees of magnitude of that
the20year: Those are the two primary risks
mircea_popescu: your risks are that if btc reaches 10k in a year or two you're left with 1/10 of what you'd have had if you held on to the btc, and if the guy splits with the cash you're left with whatever people buying into asset-based btc corps are usually left with
nubbins`: i mailed a package mid-january and it took 19 days to get to the other side of canada
the20year: Well, lower than many, we're only looking at around an average of 60% LTV
theo__: the20year: agreed but i am hesitent to over invest as you are talking about a leveraged lending scheme (which works well in good financal times) Though in bad times over leveraging can leave you to open to the risks
the20year: Some markets increased by say 500% in the US and then promptly crashed 450%
the20year: From the 2006-2011 collapse we decreased by around 25%
the20year: Well , during the 2001-2005 run up in prices, we increased maybe 30%
the20year: Additionally we're not overloaning properties, or going for absurdly low incomes, we could theoretically lower rents by 30% or more and still provide somewhat decent yields to invesors
theo__: the20year: have you also taken into consideration the potential risk of if a housing collapse does happen again or a market collapse in america? as in your compaines Manifesto ( i know not the right word but i am tired) you did not mention this is a potential risk to investors
the20year: Well, it would be tied to real estate, and in the past under hyperinflationary periods, real estate has typically done well (Yugoslovia/serbia, zimbabawe, Weimar Germany) , so I feel a little bit safe against that
the20year: Personally i'd like to save a little back to invest into some type of btc/only investment