log☇︎
869500+ entries in 0.611s
Rulother__: I mean I think that's what they're getting him with
mircea_popescu: and looky they got bulger.
mircea_popescu: what the dfuck is that lmao
Rulother__: Yeah saw that
mircea_popescu: you're worried there's always http://bitbet.us/bet/511/btcgarden-will-complete-its-buyback/
mircea_popescu: well the term was a day or two.
BigBitz: has anyone had their BTCGarden funds returned yet ?
topace: theymos soliciting for forum donations? or is that a scam email?
jcpham: so is icedrill the new buzzword
Hollywood: Well, Icedril changed that (we have to sell out) to (we do not have to sell all IPO)
Rulother__: Will we be able to see the buyback in progress on here, via assbot?
mircea_popescu: that's the other thing : now we get to find out exactly how much of the claimed 30k+ btc is actually in private hands.
bobbabad: to me it sounds like short time to convert that amount of previously converted btc to fiat back to btc
mircea_popescu: i'll say this much tho, if they've not paid by noon thursday it's quite unlikely they're ever paying.
pankkake: I would bet yes, hoping a lot of people are going to do the smart thing and hedge
mircea_popescu: 3 am on the 14th or w/e.
mircea_popescu: yeah. so technically until the 14th at the most.
ozbot: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon
pankkake: yeah, I get that part
mircea_popescu: All of above will be finished in 24-48 hours from the time you see this notice.
bobbabad: umm.. where did they ever say 24hours?
mircea_popescu: anyway, the idea is, if someone has exposure and is worried can take the no side. the honest opperator can make a little btc by covering the yes side.
mircea_popescu: noon on the 15th is 70 hours away.
mircea_popescu: pankkake it was 24 hours they said, about 12 hours ago
mircea_popescu: bobbabad there's mods.
bobbabad: how does bitbet work? who releases the money in the bet once one side wins?
pankkake: well it's likely they don't do the buyback on time
mircea_popescu: i figure it's useful if peoplewant to hedge their exposure over this dubious interval.
mircea_popescu: pankkake im not sayin' anything, tis a bet.
topace: ignore the 8x previous announcements :p
topace: okay thats the "actual" dividend
Diablo-D3: selling the shares isnt legal to begin with
Diablo-D3: well, I didnt read their entire post but
assbot: [HAVELOCK] [XBOND] [PAID] 1.00931000 BTC to 2`018`620 shares, 50 satoshi per share
kakobrekla: how is it the same problem?
Diablo-D3: I wonder if they realized they ran into the same problem I did
Diablo-D3: so I wonder what btcgarden is up to
Diablo-D3: [11:37:25] <Hollywood> yes, I am aware. Looking at what you stated I thought you were speaking as if we were consuming the sun
Hollywood: yeah, .016 - same as the IPO
Hollywood: same as the IPO
kakobrekla: what is the buyback price?
bobbabad: whats the bet
mircea_popescu: and actually, this inspires a bet.
bobbabad: chinese triads
kakobrekla: why are they buying back?
bobbabad: how long do you guys think it will be until the buyback of btcgarden is complete?
mircea_popescu: obviously the sun going away would cause an explosion which'd tear it off, but still
mircea_popescu: Hollywood i think technically the atmosphere would stay in place
Hollywood: yes, I am aware. Looking at what you stated I thought you were speaking as if we were consuming the sun
Diablo-D3: it would expand into a red giant and the new surface would be outside the orbit of earth
Hollywood: Wait, the sun is going to be around another 5 billion years, without the sun there is no life at all. There would also be no wind or atmosphere]\
Diablo-D3: what Im thinking is for the bonds
Diablo-D3: in other words, the turbines pay for themselves in 2 years
Diablo-D3: oh and btw, lets say we get enough wind to keep it doing at least half the nameplate rating
Diablo-D3: so it doesnt even have to halt then
Diablo-D3: and now they have ones that turn the blades
Diablo-D3: and turbines only halt in 60+ mph winds anymore
Diablo-D3: modern turbines rarely fail
Diablo-D3: they dont really do that anymore
pankkake: as long as it does not have to stop when there is too much wind. or break every other day
Diablo-D3: next gen wind should be able to do a megawatt in half a million dollars
Diablo-D3: and not have to spam turbines
Diablo-D3: using next gen wind turbines, we can power maine on wind alone
Diablo-D3: ThickAsThieves: the compute side has a problem where we're looking at at least 3 major new techs
ThickAsThieves: I do believe solar power is a good thing to get into currently
Diablo-D3: solar and wind are not renewable: once the sun burns out, we cant go buy another at walmart
Diablo-D3: one focusing on compute, the other focusing on green power
Diablo-D3: ThickAsThieves: but basically, the dmc plan is being split in half
Diablo-D3: a lot of real world investors thought what I did was interesting, even if it didnt quite work
Diablo-D3: ThickAsThieves: not yet, I managed to get advisors though
ThickAsThieves: do you have lawyers setting you up for this venture?
ThickAsThieves: I havent been around as long as you, but so far what ive learned is that you sorta ran DMC, and are in the process of sorta closing it. what i don't get is what you do now, and how you plan to pull off something new and larger.
Diablo-D3: each one handling part of the problem
Diablo-D3: the company is being split into two
Diablo-D3: ThickAsThieves: thats a problem that has actually solved itself
ThickAsThieves: the scale of your idea, as I recall it, seemed bigger than your britches, no?
ThickAsThieves: you have other problems too
Diablo-D3: because they're nosey bastards and think everything is mob money
Diablo-D3: they want to know every investor
Diablo-D3: ThickAsThieves: the problem is just the SEC alone
Diablo-D3: I imagine there would be several, one for each exchange
Diablo-D3: Im offering it to anyone who wants to do it
Diablo-D3: ThickAsThieves: Im not just offering it to you btw
ThickAsThieves: Diablo, why would i want to be involved in what you suggest?
Diablo-D3: ThickAsThieves: so someone would have to actually have his real identity on the paperwork
mircea_popescu: kinda predictable by now. me being the pr chick, me being the evil scammor, me and my suits, me and children, me and whatnot.
Diablo-D3: ThickAsThieves: the problem with crowdsourcing large projects like this is the SEC has yet to actually give any real guidance for it
jcpham: some thread
jcpham: i was just reading all about you over on the reddit
mircea_popescu: this is the point : we're open.
mircea_popescu: ThickAsThieves i think he's cheerleading for dt.
matuszed: Youd think these kind of convos would happen in a less public forum
Diablo-D3: would you be interested in doing a passthrough where you sell shares of a really huge bond, collect the money, and then purchase said bond from my company
ThickAsThieves: i enjoy other things as well
Diablo-D3: hey ThickAsThieves
ozbot: Bitcoin companies subpoenaed as New York financial regulators dig for answers | The Verge
mircea_popescu: i'd be much surprised for an ex kgb head to be doing any sort of substance at all.
ThickAsThieves: putin does kinda seem like a stoner to me
ozbot: Putin appears “like the bored kid in the back of the classroom” – Barack Obama – InSerbia Ne
mircea_popescu: obama gets clever with putin. " “I know the press likes to focus on body language, and he’s got that kind of slouch, looking like the bored kid in the back of the classroom. "