886300+ entries in 0.606s
davout: accounting is not only a way
to control stuff for an outside party
davout: because i wouldn't have deposited wihtout some minimum level of
trust in
the words
that come out of your mouth
mircea_popescu: should i explain something
to you ? what'd i say ? "a large customer withdrew". would you believe me ? if so, why ?
aknap3: well
that's a different problem entirely
mircea_popescu: that means in a 100mn country
there's 5 deaths a week from starvation ?
mircea_popescu: well, i was being sarcastic. in
the sense of, "food serving
times are exponentially distributed."
aknap3: or are you
trolling :)
aknap3: inter-arrival
times are exponentially distributed
davout: about
the self consistency
mircea_popescu: the mpex addy is public, except
there's people who keep insisting
they want private addies
davout: you don't need much more detail as "look at
the mpex addy on blockchain info"
mircea_popescu: thestringpuller well if ww came here
to argue it with me i'd certainly hear it out.
davout: so, if it suddenly decreases by 80% with no apparent reasons
the management will somehow be forced
to make a statement about it and/or see himself punished by falling valuation
mircea_popescu: why would a user want his holdings reported
to random passer-by ?
davout: so it might not be completely counterproductive
to report
them
davout: whichever way you shuffle your words
the fact remains
that management is entrusted with monetary sums
that in fine do not belong
to it
peterl: oh, I see. What is an accepted exchange for your companies? or do
they even own shares of any other companies?
thestringpuller: mircea_popescu so I've worked on a project
that used Crystal Space
to make an MMORPG
mircea_popescu: if you put 500 euros in
the bank, you are now a creditor
to
the bank
mircea_popescu: peterl
that's up
to whoever is using
the scheme
to specify.
peterl: mircea_popescu: in
the notes on your accounting scheme, what is considered "an approved exchange" for listed investments?
davout: the MPEx case is somewhat different as
the stash can obviously not be owned by
the managemenbt
davout: i kindof agree for S.DICE and
the ownership of
the BTC stash
mircea_popescu: moreover, from
the history of fiat, i
think we're better served by management which doesn't watch share price
TOO closely
davout: but you don't really seem
to
think
that loss of share value is a valid incentive for management
to not misbehave
ericmuyser: right, so what i mean is i will
take 30%/12 for 1 month, and
try
to stay in something just as good for
the remaining 11
Vbs: VMC is
the new fashion :)
Vbs: ThickAsThieves: AMC?
That's so 1999.
ericmuyser: i
think
they will keep it up for at least 4 weeks, and so i'll
take 30% APR for now
mircea_popescu: yes,
they are delivering nicely. but so many contingencies etc.
Vbs: mircea_popescu:
their
transparent accounting is what keeps
them up :)
mircea_popescu: so ? s.dice was in
the same exact position, or arguably better. less
than 30 weeks ago.
ericmuyser: because
their hashrate is pretty solid at 0.015 dividend and
they have hardware coming and other miners are muppets based on historical evidence
mircea_popescu: what makes you
think
they'll be able
to keep up for 30 weeks ?
peterl: mircea_popescu: I like your accounting scheme. But when you named it did you realize when said "AN0" sounds very similar
to "anal"?
jcpham: link at
the bottom "which it won't"
ericmuyser: mircea_popescu: so an ROI of 30 weeks would be
too good for 0.65, not
that i know what "out of band" means, just adding
to
TAT's comment
ozbot: Financial innovation of
the day, Winklevii edition | Felix Salmon
Vbs: no worries,
there's still plenty of helium around
mircea_popescu: the funny part is
that it's out of band since about .65
ericmuyser: I really wonder where
this money is coming from and when it will dry up. seemed like we ran out of money around 3 btc
pankkake: also new services using bitpay usually convert
to fiat automatically,
that puts a lot of pressure downwards, right?
pankkake: though if everyone is doing
that, uh…
KRS1-: bitcoins are so last month...the new
thing is justin bieber
trading cards
pankkake: I want bitcoins, but I'm waiting for
them
to stop dropping
mircea_popescu: i
thot we were just discussing
that. bitcoin is propped by lulz and drama, but nobody wants
to buy into idiots.
mircea_popescu: that's what makes one great.
Tennessee Williams is a fucking genius by any measure.
mircea_popescu: t don't come
true and nobody prints your name in
the paper 'til you die...The
truth is, you never grow'd up. Grown-ups don't hang up on
their friends...and
they don't hang up on
their wives...and
they don't hang up on life. Now
that's
the
truth and
that's what you can't face!
mircea_popescu: kid. Soon you'll be a fifty-year old kid, pretendin' you're hearin' cheers when
there ain't any. Dreamin' and drinkin' your life away. Heroes in
the real world live
twenty-four hours a day, not just
two hours in a game. Mendacity, you won't...you won't live with mendacity but you're an expert at it.
The
truth is pain and sweat and payin' bills and makin' love
to a woman
that you don't love anymore.
Truth is dreams
tha
mircea_popescu: But it's always
there in
the morning, ain't it -
the
truth? And it's here right now. You're just feelin' sorry for yourself.
That's all it is - self-pity. You didn't kill Skipper. He killed himself. You and Skipper and millions like ya are livin' in a kid's world, playin' games,
touchdowns, no worries, no responsibilities. Life ain't no damn football game. Life ain't just a bunch of high spots. You're a
thirty-year old
ThickAsThieves: but
they don't realize a nutjob egomaniace can still be correct
mircea_popescu: but
that is
the very fucking point. american current nonsense, "let's go with what sounds pleasant"
mircea_popescu: i mean beating
the bushes by now. ciphermine ? da fuck is
that even. ltc ?
they've moved
to ltc nao ?
mircea_popescu: but i can't spend my days and my resources fighting off an endless stream of imbeciles with nothing better
to do.
mircea_popescu: i mean, i bitchslapped keiser all
the way back
to
the cunt of his ugly mother
mircea_popescu: i'm really displeased with
the so called "press"
taking over
the job of forum muppets
ThickAsThieves: yesterday CIPHERMINE diluted shares, crashing
the price
ThickAsThieves: "I still don't quite believe it and
there is a very real possibility
that all
the value could vanish in a puff of logic."
ThickAsThieves: i didn't plan it
that way, we were simply
too busy doing client work
mircea_popescu: take all
the 54685860958 "payment services" "ipo" ing or
taking investment or w/e
ThickAsThieves: while i can't
totally agree, I can
tell you my business website was
the most neglected
thing in my business
mircea_popescu: like, in
the design-deploy cycles
they have a few weeks off.
mircea_popescu: ThickAsThieves maybe it's
the first
time
they had
time for it.
ThickAsThieves: but
they haven't shown much interest in propping up share price
til now
mircea_popescu: ThickAsThieves im pretty sure
the historical use of
the prospectus was
gribble: MtGox BTCUSD
ticker | Best bid: 85.00101, Best ask: 85.10019, Bid-ask spread: 0.09918, Last
trade: 85.10019, 24 hour volume: 29087.90749145, 24 hour low: 85.60000, 24 hour high: 91.80000, 24 hour vwap: 89.07455
jurov: they got stock options and are want
to have good price/liquidity?
jurov: what? i was
thinking most public companies do
that
ThickAsThieves: What are
the most likely reasons a public company would promote it's stock as an investment? specifically, AM ? I can
think of 3 reasons, but wondering if I'm missing something obvious on
this case.
davout: can't wait mid july so i can start
to dupe
the shit out of valuable items on MG's game like in
the good ol' diablo
times
BTCOxygen: Excessive wait
trying
to get lock on ASICMINER-PT.
Chaang-Noi: [BTCTC] [ASICMINER-PT] 3 @ 4 = 12 BTC [-] every
time i see options like
these i go wtf...