log☇︎
811100+ entries in 0.533s
the20year: Money flows back to the actual coinholders through active buy orders on public markets in terms of BTC/LTC, which then drives the actual coin prices up relative to the typical basket of crypto currencies, providing more value. At some point in the next 5 years, we then would set up a coin exchange where coinholders can exchange coins for goods/services produced from the businesses. It's more than just housing, I want far
monolithik: well, I'm just not sure of the gain you get from using the cryptocurrency over a regular REIT. I feel like a coin makes sense when the actual work to be performed is computational in nature, such as verifying transactions, storing data, etc.
Duffer1: but then i'm not a lawyer so.. :P
the20year: The idea is that the investments will be 'anonymous' in the sense that the average coinholder only gets a monthly report with profit/loss figures, decisions the board makes, they don't have direct access to the properties. However the directors/founders will actually go to the properties and inspect them, providing reasonable insight into how efficient the businesses are.
Duffer1: which could be a huge problem in the states unless you register as a money transmitter
the20year: So, then those coins are invested, saved, used to further the coinage. The idea is to have a foundation similar to the bitcoin foundation, but the financing for said foundation would be significantly higher because with each coin that's mined, more go back to the foundation then which invests in things that matter
monolithik: who controls the 'foundation'?
the20year: Pretty similar to how they're doing it, except that there's a extra # of coins per block found that goes back to the 'foundation' ala freicoin. Said coins are used to buy property/investments, which then cashflow back to the coinholders
monolithik: seriously though some guy is making an altcoin builder, theres gonna be tens of thousands of them fairly soon
monolithik: doge to da moon
Duffer1: just need my doges to x2 before i get in on that
Duffer1: i need to get on dat train
benkay: u guise let me tell you about mastercoin
gribble: MtGox BTCUSD ticker | Best bid: 706.20004, Best ask: 708.0, Bid-ask spread: 1.79996, Last trade: 708.0, 24 hour volume: 13549.12490752, 24 hour low: 666.01, 24 hour high: 729.99174, 24 hour vwap: 700.22234
deadweasel: it hhurts to read those quotes
benkay: "However along with that uniqeness comes risk but with proper management the potential can be marginalised."
kakobrekla: here is the full url if anyone cares www.durs.gov.si/si/davki_predpisi_in_pojasnila/dohodnina_pojasnila/dohodek_iz_kapitala/dobicek_iz_kapitala/vrednostni_papirji_in_delezi_v_gospodarskih_druzbah_zadrugah_in_drugih_oblikah_organiziranja_ter_investicijski_kuponi/davcna_obravnava_poslovanja_z_virtualno_valuto_po_zdoh_2_in_zddpo_2/
Vexual: tax the money thats easiest to hide
kakobrekla: ofcourse there is no way of proving anything.
kakobrekla: slovenia just put out a guidance for personal taxes and bitcoin. all trading and stuff is as it was tax free, mining is however taxed, on the paper.
pankkake: lol at the twitter avatar of bitcoin_assets
Vexual: relax friend, it all comes out in the wash
Diablo-D3: on topic
ozbot: Erykah Badu Is Super Pissed at the Flaming Lips Right Now, About That NSFW Video | News | Pitchfork
ThickAsThieves: The Flaming Lips: "The First Time Ever I Saw Your Face" [ft. Erykah Badu]
Vexual: whats the lyrics?
Vexual: cmon abby i got u hooked up with prism so you can make obama do you tue videos and shit
ThickAsThieves: i dont even know the name
Vexual: gimme the name of the song sucker, so i can find it on vimeo
deadweasel: I do that repeatedly with the same woman. it's great
ThickAsThieves: mostly he just picks up women and puts them down
ThickAsThieves: in case anyone is interested, I found a great new twitter account to follow: https://twitter.com/Bitcoin_Assets
Vexual: bitcoin should be able to afford journalists
Vexual: even malagodi didnt hop on a plane to see wht gold mining in png looks like
ozbot: Soul Train Rose Royce Car Wash 1976 Audio Redone By Dj Cole - YouTube
ThickAsThieves: except they actually took him seriously
ThickAsThieves: i guess bitcoin magazine beat me to it http://bitcoinmagazine.com/9143/krugman-barbarism-baloney/
Vexual: why not leak some good info TAT?
ThickAsThieves: time to start calling out these journalists n shit
ThickAsThieves: who are some popular bitcoin personalities on twitter?
ozbot: Transcendence Trailer #1 - YouTube
KRS|Gotyawallet: in that case bitcoin sounds fun
Apocalyptic: "provient en grande partie d'opérations de blanchiment" // that assurance
ThickAsThieves: "Mafias therefore continue to use Bitcoin through the universality of the Internet, how to launder their illicit much safer capital."
ThickAsThieves: "So it's no surprise the Bitcoin has become the preferred currency buyers of illicit goods such as weapons, narcotics, pornography"
ThickAsThieves: he could have just tweeted "It's funny how people value things!"
ThickAsThieves: wtf is that article about?
pankkake: there's plenty of "devs" offering the service too
ThickAsThieves: build the coinmaker pankkake http://imgur.com/3zRdEWm
jurov: ;;later tell mircea_popescu santa needs to withdraw from mpex :)
Vexual: pankkake we're going to cahors this summer ok?
Vexual: just riding a moose with a tripped out tshirt
pankkake: makes sense with the beard
Vexual: i was thinkng my input might be artwork, but ows your supply chain?
nubbins`: always open to new projects!
Vexual: wanna do a tshirt collabo in the new year nubs?
Vexual: not you graet, the real, badman santa
Vexual: im waiting for some drooling geriatric stinking of reindeer piss to drop down the chimney
Vexual: i hear that
nubbins`: had a salty, salty tibb's eve party last night
Vexual: arent you busy tonight Graet?
Vexual: is there bitcoin two up yet?
Vexual: i would have thpught so
pankkake: at least that was my idea
Vexual: that is to ask, i fanother coin surpasses litecoin market cap before the date, does the bet resolve?
Vexual: i suppose maagement are happy enough with the staus quo
Vexual: at the end date huh?
Vexual: the altcoin one isn't very clear on terms
pankkake: unlike the VMC vs BFL bet :(
Vexual: was that your bet pankkake?
Vexual: strapping a pineapple to your skateboard and letting security take it is not anything new
Vexual: bitbet has dogecoin top altcoin or somesuch
Namworld: This doge thing is blowing out of proportion
Namworld: Dogbert, is that you going into the weapons and drugs trade and paying for murders, all for the sake of profits?
Vexual: last thing we need is the fbi to own $20 milly in dogecoin
Vexual: lol doge pirate, i wonder if the doge fbi will get him
ozbot: Doge Road - DOGE TOR Black Market - Beta Invitation
Vexual: sometimes it helps to have another perspective :)
pankkake: I was expecting to be dead within 24 hours
Vexual: if it came fre with hong kong cage housing, the kids migth pay attention
Vexual: personally i think its a noble endeavour
pankkake: "I want to Bernankoin 1 million = 0.001 BTC, Regards, Jacky"
ozbot: The Streets - Turn the Page - YouTube
truffles: u prob wont like mine, there's mustard in it
Vexual: even paleo cats could eat my xmas, excepting the 3 grains of barley in the beer
Vexual: 4 metric shit tonne of prawns and a few kilos of moreton bay bugs
BingoBoingo: It may or may not be trimmed further. I might also just flatten it to the first level.
BingoBoingo: mircea_popescu: The curious trust list (with the second level trust indented) is here http://bitbin.it/XuTrn9hd
truffles: and then u ate them
BingoBoingo: Vexual: This is the forum trust system. It's more weird and broken than actual WoT that matters.
Vexual: eating and drinking, and you tuffles?
Vexual: im coming up on 2 years and thinking of trying wot
Vexual: oh, is that unusual?
mircea_popescu: BingoBoingo's recalibration of forum trust
BingoBoingo: Lines up well with other people's results on some people even, with TradeFortress around -350 which is what I hear from other people he is at.
BingoBoingo: The trust looks much more accurate this way.
kakobrekla: you enjoy the result?
BingoBoingo: kakobrekla: I messed with my trust list. I used people's ratings of Garr to calibrate it.
kakobrekla: in the green
BingoBoingo: Garr255 has the lowest trust I have seen on the forum yet https://unsee.cc/makugo/