805500+ entries in 0.57s
nubbins`: having a brutal
time installing ubuntu on
this netbook
Duffer1: but not as valuable as just buying btc and holding for
that same perior
decimation: only if
the manufacturer's stock were denominated in bitcoin
decimation: If btc surprises
to
the upside again,
then mining might be retrospectively valuable
Duffer1: maybe if you owned stock in
the manufacturer you'd do well
Apocalyptic: and so far i
think it's holding bitcoin
that is most profitable
decimation: well, mining and gambling in bitcoin come
to mind
decimation: This seems
to be
the central question of bitcoin finance.
decimation: Assuming btc continues
to become more valuable at its current rate, what capital activity will return more future value
than simply holding Bitcoin?
truffles: click my name u can see
the match
Apocalyptic: my only sane move is
to
take
the rook, and I lose
the queen at
the next move
Apocalyptic: my queen cannot move before it would expose my king
to direct check from your rook
Apocalyptic: see for yourself, but it's a
typical
tactic called pin
Apocalyptic: if I
took
the night you would win my queen
Apocalyptic: anyway since I
took
the knight i just had
to
trade
to ensure a clear win
decimation: Most fiat companies use buybacks
to pump up
the stock price as ceo's sell
their own shares
decimation: Buffet is a famous dividend hater. Partially because of dividend
tax
treatment in
the US, and partially because he believes in reinvesting in
the company or buying back shares.
Apocalyptic: hum I actually have some decent ratings
there
truffles: well u have
to go
to live chess
to get
the
timers
truffles: either namworld is
thinking or disconnected :(
truffles: gonna
try not
to make noob mistake for future challengers
BingoBoingo: I believe as long as
there is someting verifiable it should be good.
truffles: Namworld still
thinks
this chess.com game will be valid :D
Namworld: No. Do
they provide replays of games?
Namworld: The moves will be accurate and
the same for each
nubbins`: whoever is white should be numbering
their moves
nubbins`: the ruling is
that you guys roll back a few moves and get your shit
together
truffles: im sick n
tired of
these slow movers
nubbins`: ;;google you know what
they say about hope
nubbins`: you know what
they say about hope
truffles: so uh i hope
there isnt intermission in
this
Namworld: Make some nice gifs of
the games
nubbins`: so i sold a 0.5btc casascius coin for 6btc earlier
today
Namworld: You get
to choose
the side you want
nubbins`: sometimes i suspect ;;coin is just ;;echo
tails
Namworld: We can play live right here in
this channel
mircea_popescu: Namworld well now i don't know, i read
the stuff in a paper book a while ago. lettuce see
truffles: boingo if u hit "go live" at chess.com it lets
timer
Namworld: Ok, if you play against 2 other players
too in
the
tournament
Namworld: I did
the first game with BingoBoingo
Namworld: I still want
to complete
that chess
tournament
Namworld: Buffett's comments on
the
topic
Duffer1: when uncle sam is paying
there's always some asshole chargint
them double
Namworld: Comments? Is
there readily availabe sources
to read about
that?
mircea_popescu: somehow "distribute it" never comes
to mind. a problem fiat shares, for
that matter. (buffett has some great comments on
the
topic)
mircea_popescu: it has a better risk profile for
the bitcoin investor
than
the alternative (if you review
the early history of btc scams, 2011s, you'll see most corps
turned scams once
the "ceo" confronted
the problem of "we have cashflow. what
to do with
that cash ?".
☟︎ mircea_popescu: Apocalyptic
the "zero asset"
thing is a
term of art. a company
that retains none of its income but distributes it all as dividends.
Duffer1: professional grade
trolling right
there
Duffer1: "Actually useful websites like crypto-trade or havelock as well as coloured coins will continue
to gain
traction as
this shitty scheme dies out."
Apocalyptic: pankkake, because in
their mind
there is no way
they could ever be wrong
pankkake: and
those guys defend scams
to
the death
pankkake: I have my opinion, and I'm going
to say dumb shit
till
the end
pankkake: but
the complete refusal
to understand what
things are…
pankkake: that's not really bothering me. I wouldn't pay
the 30 BTC fee myself, nor do I desire
to hold MPOE
Apocalyptic: "Usually a holding company is an asset-less company" what, I
thought a holding company holds share of other companies, which are classified as assets
diametric: pankkake:
this
thread is amazing. i just started reading back
through
the posts on it.
Apocalyptic: <pankkake> well
then is
there such a
thing as a zero asset company? // how would you define it ?
Apocalyptic: yeah was
thinking about
that exact formulation
mike_c: i better
term might be "zero
tangible assets company", but
that is a mouthful.
ozbot: Accounting for
the nonzero asset corporation.
The MPEx standard. pe
Trilema - Un blog de Mircea Pope
mike_c: i possibly made up
that
term as a differentiator from mp's "nonzero asset corporation"