872900+ entries in 0.625s
mircea_popescu: things which may not be directly obvious
to you may nevertheless be perfectly
true. <<
dexX7: x,y problem - what did you intend
to say?
mircea_popescu: gleet is
the english word for urethral discharge in men.
the clap is gonorheea
mircea_popescu: right. i did
this deliberately, it's a stylistic device.
ThickAsThieves: inter-min period before your chips are developed and become a shareholder on
the Friedcat list which is pretty secure less price risk of course. "
mircea_popescu: i say you got
the clap, you say w/o further information we can only assume.
ThickAsThieves: some stockholder advice for labcoin "That said your bitcoin assets can still be used for other purposes if you are willing
to earn interest on your bitcoin capital you can either hold it and make sure
they are secure or put
them in some bonds such as coinlenders or just-dice for a period of
time. Another possibility is
to use AM as
they are still providing yields on
their shares in
the
mircea_popescu: because you personally don't have
the experience/skill
to call it.
mircea_popescu: well yeah, it's possible. and
this is as far as you can go.
dexX7: well,
that is possible
mircea_popescu: win-win :
the exchange shows fake volume which perhaps may convince someone
to pay 3k for
the one-vulnerability-a-week piece of crap
mircea_popescu: dexX7 yes dood. here's how it goes : exchange op gives
the scam issuer 15k btc in his account.
jcpham: i'll probably read about it one day when
the
thread is subpoena'd
dexX7: but what i wanted
to show:
the volume on btct is based on
trades and
thus if you claim
the volume is rigged, one has
to generate fake
trades
to pump
the numbers
jcpham: tried
to
tell em glbse was working
jcpham: i caught
their
thread on page 400 of 600
ThickAsThieves: it's like 'hey if you
take
the
time
to read, well, at least our name, you are exempt from
this scam"
dexX7: i just present numbers without interpretation,
this would be
the next step
jcpham: because i
think coinlab is scam
mircea_popescu: dexX7 why do you
think
this is in any way meaningful ?
dub: if you put
these
together, retarded people
throw money at you
dexX7: the api declares a
trade as sell if someone sold into a bid and vice versa
dub: todays show brought
to you buy
the number 2 (weeks) and
the letters A, S, I and C
jcpham: surely
they've infected
the -assets as well
mircea_popescu: basically smarmy idiot is
the 2 word summary of 5k posts
jcpham: is
that what is happening here?
mircea_popescu: pankkake i've had a junior on
the
thankless
task of reviewing his entire history
dexX7: since
trading start
mircea_popescu: i've yet
to hear of a legit internet biz
that astroturfs, but maybe i'm
too noob.
pankkake: somehow I had
TheSwede75 in my ignore list already
mircea_popescu: i have no fucking idea. your numbers, you
tell me. what are
they ?
mircea_popescu: dexX7 well asking me
to specify what context your numbers have is already quite
the faux pas.
dexX7: i
think i don't get
the broader picture and we might intend
to
talk about different
things
FabianB: mircea_popescu: can i buy some
trilema credits here or should i mail you?
dexX7: buys + sells added = 13716,45 ... which represents
the number shown by btct as volume
dexX7: here is some data for lab
to work with: N Buys: 991
dexX7: you simply don't claim
the volume is xk btc - if you sum historical
trades
the numbers should be
the same, but
thus you would need
to generate fake
trades
jurov: "Just curious：u r not our shareholders and will never be,
then for what kind of pleasure you r seeking
to push you waste your life
to black others here?"
mircea_popescu: no. it would simply be claiming you're
trading ~100x what your actual inflow is.
dexX7: well.. printing numbers would be "simulate hundrets of fake
trades hour for hour"
mircea_popescu: quite simply. print random numbers, maybe some doofus acrtually
takes it seriously and "invests".
dub: dude, he can
tell from
te
trades and having seen quite a few IPOs in his
time
dexX7: you say it's strange
that
the volume is so high?
mircea_popescu: looky, randomly within 10%.
together
they add up
to 26k
dexX7: well, for one i don't understand how you come up with 50k inflow. labcoin's ipo were 7k, actm a bit hard
to
tell, but i go with 3 million shares x 0,0025 ipo price = another 7k
mircea_popescu: im not saying you're incapable of understanding. quite
the contrary, i'm expecting you
to understand
that
things which may not be directly obvious
to you may nevertheless be perfectly
true.
dexX7: but anyway, you're shifting
the frame from
the
topic
dexX7: i read
this as "you are incapable of understanding what's going on because you are no professional"
dexX7: generalized insults aren't
the way
to go here
mircea_popescu: this sort of educated call is difficult
to distinguish from random jibberish, if you're not in
the
thing.
dexX7: well,
that's kinda
true
mircea_popescu: if i were
to sell a few k's worth of am outright it'd plumet
the price
to half or some shit.
dexX7: new coins = new on
the exchange, old coins = "i sell am shares
to buy lab shares"
mircea_popescu: or else
the ipo is buying and selling its own shares
to wash
trade.
dexX7: you can't simply sum all ipo-money and pretend
those are "new" coins
dexX7:
http://i.imgur.com/NjU0oco.jpg <
this is a chart of "price x outstanding shares" summed up for all listed assets -- not very representive (or maybe not at all), but it gives
the impression
that
the money flows within
the exchange
mircea_popescu: no. i refer
to
the fact
that burnside has supposedly had close
to 50k btc of net inflows
this past week,
dexX7: you both refer
to
the fact
that you can open multiple bid orders which would exceed your balance, but get cancled, if one is executed?
mircea_popescu: but if some guy creates fake btc in his pretend-exchange
then suddenly it's all very feasible.
mircea_popescu: this appearance can not be created by
the scammer alone,
mircea_popescu: looky here : you're all mommentum
traders. on one hand
this means you don't have a fucking clue and don't contribute anything of value. on
the other hand it means it's quite easy
to separate you ferom your btc dust : just create an item which *appears*
to be in high demand and
trading in high volume.
dexX7: i'm sorry
then, could you rephrase your statement?
dexX7: because if not, it comes down
to "people are scammers
till ... i don't know" or "people are no scammers,
till
they get caught scamming"
dexX7: can you provide anything else
than a claim for orderbook manipulation by burnside?
FabianB: dexX7: no-one can ever have
them
FabianB: wasn't
that
the complained of jurov and Ukyo a while ago
that you can use
the same coin multiple
times in order books on btct?
dexX7: i don't get
the point
mircea_popescu: today
the book exceeds
the btc in circulation. what now ?
dexX7: <gecko_x2> 5056929133.32942867 btc ask in ActM? < 10000 x 500000 btc ;) it's better
to messure asks in shares and not btc obviously
benkay: mircea, on
the
topic of le homos ancien
smidge: the btcgarden
thread is geeting more creepy by
the minute
BigBitz: did you forget
the whole suffix ?
Urushiol: just listen
to any earnings call
Urushiol: seriously? investors (especially
those who hold or are looking
to buy) are
the most critical when it comes
to questioning.
afrotec: loyal shareholder wouldnt do such a
thing