870700+ entries in 0.619s
VanCleef: i'm glad people are actually
taking
the
time
to question companies and actually
talk about valuation and stuff
Hiro2: rulother-gs
thanks
Hiro2: is it because
they don't have API?
Hiro2: I just realized
there is no
ticker here for BitFunder
zacm: now if
the steakhouse stats accepting bitcoin, count me in
zacm: who would pay good bitcoin for
that soylent slop lol!
afrotec: whats
the die size on
the hashfast chips
afrotec: yeah
thats what i
thought, you said fasthash initally
mircea_popescu: <weex> i
think it's a good
thing
to have some human intervention in certain cases << definitel
gecko_x2: or is icebreaker just gonna send
the 20K btc and expect a delivery of 1720 units ready
to go within 2-4 months?
gecko_x2: so
this fasthash, do
they have ready assempled and
tested boards yet?
gribble: Next difficulty estimate | None based on data since last change | 48875420.6617 based on data for last
three days
afrotec: after
that burnside has
to make
the exchange manually, i guess most funds are cold storage
afrotec: thestringpuller, last i checked
the limit was 6.x btc
weex: i
think it's a good
thing
to have some human intervention in certain cases
weex: but
they've always gone out within 24 hours for me
pankkake: there is a daily limit,
that's all…
weex: thestringpuller: i meant if someone was doing some sort of hack and selling a
ton of stock in order
to withdraw,
that'd likely get stifled by
the manual withdraw
threshold
weex: fine. you
tell my kids
they can't go
to college.
louong: small selloff what's
the big deal?
weex: possible hack, person doesn't realize
they can't withdraw?
weex: so we're selling
then?
gribble: MtGox BTCUSD
ticker | Best bid: 106.05032, Best ask: 106.87769, Bid-ask spread: 0.82737, Last
trade: 106.87919, 24 hour volume: 12299.89308485, 24 hour low: 105.11111, 24 hour high: 107.50000, 24 hour vwap: 106.34017
afrotec: just read
the crypto financials prospectus
assbot: Last
trade for XBOND on HAVELOCK was at 0.001039 BTC [+]
freeroute: hmm, I'm a bit weary about
this at
the moment.
ThickAsThieves: 40% goes
to issuer, 25% what's left goes
to reinvestment,
the rest goes
to shareholder
Hollywood: mircea should have a field day with
this
Hollywood: Each share represents 1/50,000,000 of
the profit of DigiMex
Hollywood: Please note
that DigiMex will be operated by PetaMex in
the foreseeable future. However,
the operators (PetaMex in
this case) retains
the right
to stop Digimex
Hollywood: it is going
to be 50m next week or sooner
Hollywood: I am just
trying
to figure out
the math, I got
the idea
ThickAsThieves: basically
they wanna be big miners and want shareholders
to assume all
the risk
Hollywood: so, basically
trying
to raise 42 million?
Hollywood: kako, you are good wif maffs, I am
trying
to make sense of
the DeadTerra Icedrill
freeroute: the word "Fiduciary" somehow reminds me of bird feathers
though
Rulother__: There isn't enough coffee in
this place
to keep me awake
Hiro2: there are few
typos on
the document...
VanCleef: i want
to get some shares haha, but just
too high
VanCleef: seems way high but maybe
that's
the new norm
VanCleef: like
to know mp's
thoughts on
this 15 million valuation
mircea_popescu: nothing wrong with it, if for instance erik presumes bitcoin's main
transaction generator is worth 300k btc.
mircea_popescu: it's a sale by owner, in which case,
the owner is presuming his
thing is worth X.
mircea_popescu: it's not
the case
this is an ipo, such as for instance s.mg ipo'd.
mircea_popescu: <Urushiol> 100k of capital isn't going
to get you far << you're confused.
dexX7: do you have another businessplan
to read or something?
topace: thats where
they owners are localted
dexX7: what i miss: what are you doing with
the ipo funds?
dexX7: tltr: you want
to open an offshore exchange with debit card?
Hollywood: I guess he has
to get a nice pedicure
dexX7: topace: is it correct
to write every catch word in uppercase?
pankkake: do
they have a plan
to not end up like liberty reserve?
Urushiol: in
the banking industry, $6m is chump change
VanCleef: investors need mroe
than 20%
tho
Urushiol: it's pretty much a huge pain in
the ass
Urushiol: one of
the biggest issues right now is
the ability / freedom
to get fiat into and out of bitcoin
VanCleef: me personally i would rather invest in
this
than btcgarden
VanCleef: so i guess, investors have
to ask
themselves if
they
think
this is worth more or less
than btcgarden atm
topace: so im removing
the pdf
topace: Urushiol:
that was actually a phishing site
VanCleef: so i guess
this is valued same sort of price as btcgarden
Urushiol: small detail, sure, but perhaps an important one depending on
the reader
topace: Urushiol: ack!!
thanks
Urushiol: topace: found a
typo in
the prospectus. It refers
to havelockinvestment.com (rather
than havelockinvestmentS.com
topace: but
thats not being released
to
the public (yet at least)
topace: VanCleef: ahh
the prospectus might still be short some numbers.. i
thoguht
they were
there..
VanCleef: fair enough read it again, not really seeing
the part where it shows how much
these guys currently own in assets and funds and how much
they have put into
this project already
topace: the prosepctus, not
the overview
VanCleef: how much are
these guys putting in?
topace: the funds we raise wont even come close
to coverign
their expenses
topace: their own money, and
their own private investors
VanCleef: are
they putting in money as well?
topace: they are still
taking 80% of
the risk
VanCleef: or just want us
to
take on all
the risk?
topace: so
to "start small" is not really an option
VanCleef: true, must be such a good idea and
these guys are willing
to sell
their houses and stuff yeh?
topace: that is going
to cost hundreds of
thousands
topace: there's a
ton of regulatory/paperwork
to do
VanCleef: i could do
that business for 100g's in india
Urushiol: 100k of capital isn't going
to get you far
VanCleef: an idea is not worth more
than 1grand