log☇︎
874300+ entries in 0.595s
VanCleef: i wonder how much asicminer team costs
VanCleef: okey i jumpt the gun a lil bit :P probaly just logged me out
afrotec: VanCleef [quote]Everything design wise, data modeling, virtual testing of cells, tape out etc. has been paid for and booked (approx $150.000) and now we need to take in capital for producing the actual chip.[/quote]
mircea_popescu: how is that possible even lol
VanCleef: ahh there it goes
VanCleef: i went to hit replay and got this message saying notallowed to reply in it
mircea_popescu: how can they ban you from their thread
afrotec: the ipo thread?
VanCleef: because i exposed their bs valuation
VanCleef: they banned me from their thread
VanCleef: and there's proof of this 150k?
afrotec: yeah they're dancing around that part. since they initially invested 150k, maybe they value that worth 300k now, thus 700k for shareholders
VanCleef: sorry, actually making the point its fucking stupid
VanCleef: i still don't get the 1miilion dollar valuation, they wont even address it
afrotec: VanCleef i noticed that too, but the management have already put 150k
VanCleef: the best part is you're paying 300k to the management team
afrotec: im talkin future
afrotec: could be a coincidence, but still... if they were ever thinking about adding it, Lee would be the guy to have on board
afrotec: Yeah he's worked on a lot of different things
jurov: afrotec: not necessarily, coblee did more stuff than just litecoin
Rulother_: I suppose, that'll be nice to have
pankkake: I think he called me "son" once
ozbot: [ActiveMining] The Official Active Mining Discussion Thread
pankkake: ignored him long time ago
ThickAsThieves: lol who said that?
Rulother_: "You're getting harder and harder to take seriously my friend. If you continue to post childish and useless foder I am going to have to reconsider your business expertise and maturity and dump the assets of yours that I own at a considerable loss."
ThickAsThieves: i'll buy em back then
Rulother_: and they want to sell their 10 shares of TAT.AM
Rulother_: lol TAT you are apparently disappointing people on the forums
mircea_popescu: and in the particular that nonentities do not get to fulfill fiduciary duties.
mircea_popescu: mkay. what's wrong with that in the general is that it conflates different roles,
freeroute: ThickAsThieves: no I was just wondering how you could buy Labcoin pre-IPO shares, and whether it was different from buying Smidge.com A shares (which you have to buy directly from smidge). So then smidge asked what was wrong with that, so I replied by telling nothing as far as I know, but if anyone could point out otherwise I would be happy to listen.
Rulother_: damn tata got that low
freeroute: if anyone cares to share an explanation to why it might be wrong, then I'm all too happy to listen :)
ThickAsThieves: shares in TATI just keep going up
freeroute: or at least, I don't have enough knowledge and experience to tell whether anything might be wrong with that
freeroute: smidge: I don't think there's anything wrong with that
smidge: and whats wrong with that freeroute? you want me to rush an ipo?
freeroute: (because AFAIK there is no way currently to buy Smidge.com A shares on exchanges, rather you have to e-mail smidge and buy with packets of 2.5 BTC if I'm not mistaken)
smidge: smidge.com pre-ipo shares are more stable than any of these hyped stocks, you have to admit that
Rulother_: I have a feeling a vast majority of AMC's shareholders are just buying and selling on the short, are moving over to labcoin. I'm not sure how long it will take for amc to truly recover
smidge: to be more precise, while everyone is selling the more stable stuff to get into thin air
freeroute: Rulother_: yeah, similar to buying pre-IPO shares from smidge :)
smidge: while everyone is obsessing about labcoin, im getting amc at 50% off the highs. thank you.
freeroute: Rulother_: are the pre-IPO shares meant to be bought directly?
freeroute: huh, how so? the pre-IPO price is like 0.02 right?
kakobrekla: what was the volume of that anyway
VanCleef: why did i miss out on the .0001
mircea_popescu: Rulother_ not rly, in the sense i dunno who he is so i couldn't be bothered to "fuck you"
afrotec: that's what I took it as
afrotec: i was curious what the sentiment was about the whole thing
afrotec: ahh thank you for your thoughts
mircea_popescu: the more people froth about it, the less we give a shit actually.
mircea_popescu: afrotec dude, srsly. nobody gives a rat's ass about the most recent forum scam.
afrotec: burnside would be wise to get some more server bandwith or something
afrotec: we'll see. the thread is blowing up and theres still 11.5 hrs left
dexX7: Namworld: you described how things are, but i don't see a conflict here
jurov: Namworld: it's the same as trying to talk gamblers out of whatever-dice
pankkake: with all this fuss no one is talking about AM's dividends!
Namworld: But someone put a PUT option allowing me to sell at 0.006 (0.008 - 0.002 premium)
Namworld: I can't believe I had to buy ActiveMining shares...
Namworld: I'm not sure they get the point
Namworld: I see people commenting with short words about my "[GUIDE] The Big Guide to Common Bitcoin Investing Faux Pas" about the fact it's good... but they're posting all the time in ActiveMining threads/CoinLab...
mjoiii: Will it be announced in the bitcointalk.org thread?
mircea_popescu: prepare yourselves for s.mg client is going to be announced imminently.
mircea_popescu: ThickAsThieves i gotta dig up the convo during the bitbet launch i think it was
VanCleef: oh jesus labcoin tanking
ThickAsThieves: lol Labcoin is saying they might clear the orderbooks before IPO
dexX7: btct can't handle the load i guess
VanCleef: is she entertaining the idea of a suitor?
mircea_popescu: psa : the girl is getting >10 marriage proposals a week by now.
kidkrypto: what a cluster fuck labcoin is goign to be in 12 hours
VanCleef: it was my parents reitrement house, got them in the car now
mircea_popescu: <VanCleef> i just sold my house so i can get on the new activemining << this is the new "i'm only 15"
VanCleef: things will work out when btc goes to 1000
VanCleef: i just sold my house so i can get on the new activemining
Namworld: ActiveMining is worth more than BitVPS... by a factor of 26
ThickAsThieves: Labcoin IPO tonight!
Namworld: See my thread, Sandstorm is 4th case: https://bitcointalk.org/index.php?topic=265172.0
Rulother_: where's all this hubla about getting arrested or is that just you guys messing around?
Rulother_: It's going to have a large wall
dexX7: "Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! "
VanCleef: call it the old sandstorm classico
VanCleef: labcoin peaked and tanked before it even got released from ipo?
mircea_popescu: was it what, 4 months ago ? if that
mircea_popescu: i remember when we were lolling in this chan at teh bitcoin gem
pankkake: yes, that's why it's so funny
mircea_popescu: welll actually... labcoin IS the next amc.
pankkake: labcoin is the next amc!
Rulother_: So they see Labcoin as another early amc
ThickAsThieves: i asked an honest question in that thread
ThickAsThieves: this behavior they have
ThickAsThieves: what the should do is research, decide, then go do something productive
ThickAsThieves: investors have this mentality like they all run the company
dexX7: ThickAsThieves: what's wrong with the forum post ref labcoin? just trying to prevent drama ;)
Namworld: The showman in that song has a better offer than many of the new IPOs: http://www.youtube.com/watch?v=QqEmAsUXVJY
ThickAsThieves: needs more time
mircea_popescu: kakobrekla nice odds on that lol
VanCleef: 2020 release, taking preorders now
ozbot: BitBet - There will be blood