log☇︎
81700+ entries in 1.333s
mircea_popescu: for all we know pirate is still around, facing us as some bright lad with an ideea.
nefario: as there is always someone who is willing to do business with them
mircea_popescu: take the taming of the shrew as a fine example. servant and master switch roles. everyone knows there is a master, but nobody knows WHO exactly it is. except his own father.
mircea_popescu: why do you think ? because the entire economy was run as a pseudonymous wot.
mircea_popescu: as nobody could REALLY verify identity past this
nefario: as no one really knows anyone else
usagi: 1. Establish (something, typically a practice or activity) as a convention or norm in an organization or culture.
mircea_popescu: don't make friends just because people are in the same cryptocurrency as you. make friends if people are worthy of being your friends.
usagi: Even just politically it sets you up as a target. It's easy to take a stance against MPEX because, well, let's be honest
copumpkin: as fas as I remember
usagi: My full title is Usagi Fushi no Kyuuketsuki Ohimeasma. And as the princess of the moon I demand that Mircea refer to me by my proper title from now on or face... the penalties.
BTC-Mining: I price things as market price.
usagi: As mining bonds go to zero and DMC goes to 10
mircea_popescu: the issue here isn't that "it happens". the issue is that it happens with regularity. "a small majority" as they say.
usagi: Oh really, My exchange, as long as I can find suckers.
usagi: [04:29:14] <mircea_popescu> dude. do you understand that your pathetic scam-thingee only works as long as you can find suckers to "invest" in it ?
BTC-Mining: mircea, you know you complain about the way GLBSE is mostly unregulated as to which assets are allowed and poor speed... not that it's a "scam-thingee"
mircea_popescu: dude. do you understand that your pathetic scam-thingee only works as long as you can find suckers to "invest" in it ?
usagi: But as usual, you just go by rumor and innuendo
usagi: I got the same story as you
mircea_popescu: maybe his services would be so much more valuable as an (pro bono) advisor to the us president ?
mircea_popescu: i wouldn't touch it. it's incredible as it is.
Rothgar: I take that as bullish
nefario: Namworld: we'll be adding live streaming of new orders as they are made
nefario: also adding live streaming soon as well, using websocket, for new orders, trades, dividends etc.
BTC-Mining: Plus there's guarantees against bitcoin system failing as a whole.
BTC-Mining: It's defined as a loan. With terms matching accordingly.
Ignatius-otc_: I love pidgin, but as an irc client it wasn't doing well
Obsi: prolly everyone turning on old GPU rigs since the price spiked as well
Obsi: I have a bunch more singles sitting here I can sell into abmo as well
Diablo-D3: as in 6 days from now?
Azelphur: Obsi: Planet shocked as countdown on the internet reaches zero.
eskimobob: If DMC still has same portfolio, as few days ago, it only worth about 1228 BTC and not 1600
mircea_popescu: you know him as
mircea_popescu: in the immortal words of my favourite guy in btcland, "it doesn't matter if someone's a child murdering nazi, as long as they have a point"
mircea_popescu: anyway, i'm kinda fascinated nefario finally admitted as to the entire goat&co conspiracy to make fake trades so global scam exchange thingee looks like it has volume.
copumpkin: does it count as inside trading if you work at S&P and short a market index before a ratings downgrade?
mircea_popescu: usagi whenever someone buys something it's counted as trade yes.
mircea_popescu: obviously it's insider as to the underlying.
usagi: But when someone buys it, it is counted as a trade.
mircea_popescu: and because a call/put doesn't sell for 1 in general, and never sells for as much as the deposit is, thiswould yield less than 100 btc of trade.
mircea_popescu: usagi that's not true. splits aren't reported as trades.
DeaDTerra1: He would if he's a lier, if he's a legit and trustworthy man as I believe he is he will admit the fault and fix it before it's exploited again.
usagi: Same as yours.
MrTiggr: as much of an ass as it is ;) i hafta agree .... it soo gribble
mircea_popescu: as usual with noob communities, a scammer got it all.
mircea_popescu: smickles time only exists in one of two ways. either the kantian (as an implicit category in the mind of man, with no existance in the world)
kakobrekla: (i had trouble with that as well)
BTC-Mining: Should be valuated 0.001 as a memento: "I have defaulted on shares of the famous BS&T!"
grubles: as you
Diablo-D3: (the stone around your neck of btc? btc as a stone around your neck? something)
mircea_popescu: at 30 as in, 30 btc ?!
Obsi: sitting on 4810 shares of ASICMINER, 6374 OBSI.1MHS with 120 Ghash on order as of tomorrow
Diablo-D3: as far as unprotected sex goes, isnt it?
mircea_popescu: unavoidable tho, from a statistical perspective. as long as idiots hold bitcoins there's going to be scammers trying to save that money.
MrTiggr: damn you all! ... as if i haven't put on enuf weight eating btc-popcoin ... now i crave btc-bacon *grr*
smickles: mircea_popescu: what? you mean 99% as in not an outlaw motorcycle gang?
mircea_popescu: this is as investor protection, because the owner is never allowed to sell more than half the shares
mircea_popescu: if the interest is 2k then the exchange will have made -1k, and the excess paid as interest is taken from the bonds.
kakobrekla: >as long as it costs money to join IT SUCKS!!!
mircea_popescu: i don't care what you say *hands in ears* lalalalala. as long as it costs money to join IT SUCKS!!!
MrTiggr: as freenode requires
MrTiggr: my bots are regged as me
Ignatius-otc: If you end up needing anything from me as a bond holder let me know. I'm not sure what information is being requested by pirate.
BTC-Mining: I could hardly do as much on MPEX which only IPOs high rated companies like SatoshiDice. The price seems too stable.
BTC-Mining: Unregulated as no one decides of what is and is not appropriate in transactions
BTC-Mining: MPEX has almost no assets, it's an options trading. As for assets, there's S.DICE, Mpex itself, giga.etf and I think brendio's funds?
Ignatius-otc: I am referencing only your comment about mpex doesnt allow issuing new shares as easily as glbse
mircea_popescu: now specifically, as to the collusion discussion, quote defrauded investor teek : " I am pretty sure even Nefario gave him the nod a few times in posts."
Ignatius-otc: By that logic BTC is horrible, as it has a high concentration of scams...?
Ignatius-otc: but you portray that opinion here as fact
mircea_popescu: in the immortal words of jwu, Aug 27 17:34:17 <JWU_42> mircea_popescu: as with so many things, niot just finance, ego becomes involved and bad decisions are made
BTC-Mining: I just have a problem with you bashing everything but MPEX randomly spouting as fact things you haven't researched or have proof for. Like claiming GIGAMINING devalued almost 50% when it IPOed at 1 and not 1.5
mircea_popescu: i regard it as disreputable. i might just be biased. some people regard it as reputable. course they don't tend to disclose their ownership interest in it.
Ignatius-otc: twitter? as proof of volume? so...the same as glbse?
mircea_popescu: as long as we're making scenarios, you could have bought at 1 sold at 1.5
BTC-Mining: yes, yes... and you're completly ignoring why the price is currently low and declare it as a linear loss of value
BTC-Mining: Possibly, as long as the total amount loaned from BTC-BOND is equal or less than 50% of the total amount of investments made
mircea_popescu: as the odds of a phenomenon occuring go down, the variance in it's observation goes up. not in fixed proportion, but still, monotonous growing function.
mircea_popescu: as difficulty goes up i think time variance will also increase.
coingenuity: and i saw him do it to a bunch of other people as well... so feh
coingenuity: mircea_popescu: cuz he gave me a negative rating with a reason ":(" as an abuse of the rating system
mircea_popescu: 40 as in 60-20 is not the same as 40 as in 40 - 0
mircea_popescu: such as glbse, or otherwise smickles, brendio, scl.
usagi: I could buy as many as 5000
usagi: mircea_popescu; That practice is known as "ratemaking" in the insurance biz, mircea
usagi: I could just as well sell smickles an option to buy out his fund at a certain strike price.
copumpkin: you're taking on the same risk as a lender/investor as an insurer
mircea_popescu: as far as i recall the main problem was you couldn't insure against X person cause he could just buy that insurance secretly and then default
usagi: Some of which is priveledged to me as the guy who runs CPA
smickles: as i'm a broker, do you offer security investor protection?
mircea_popescu: bitcoin is actually old enough to be treated as an extinct culture if one's so inclined.
mircea_popescu: hey smickles i designate this as my official ab image : http://polimedia.us/dtng/c/src/13463383356.jpg
mircea_popescu: As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich.
mircea_popescu: "The World Wide Web (abbreviated as WWW or W3, commonly known as the Web ), is a system of interlinked hypertext documents accessed via the Internet."
mircea_popescu: well... de gustibus as they say
mircea_popescu: Doffx i was just discussing this in private as it happens
Doffx: As long as my cookie hasent expired anyhow
gabbynot: *as it is
gabbynot: the tygr-p's are trading too high as is it