888600+ entries in 0.627s
mircea_popescu: benkay either way. in general i
try
to conserve capital but it's a matter of having options.
ThickAsThieves: but ultimately
they must pay a price
to even realize
that benefit
mircea_popescu: but it's a good way
to pay
top level people in any case.
mircea_popescu: it's not a way
to pay
the lower level people, as
their performance isn't so
tied with
the overal results
mircea_popescu: basically, "if
the corp makes nothing you get nothing. work really hard so
the stock does well you get something.
the harder you work
the more you get"
mircea_popescu: you can exercise
them any
time you wish
to pay 10k * 0.00015
ThickAsThieves: i cannot excerice
them until share price reaches
that value
ThickAsThieves: when
they "excercise"
them,
they are not new shares are
they?
mircea_popescu: that's
the idea of stock warrants :
to allign
the performance of employees/etc with
the performance of
the stock
ThickAsThieves: you use
these warrants as payment for developers and such?
mircea_popescu: you have for instance a definition of a stock warrant in
the definition section
ThickAsThieves: its all
the info related
to warrant or stock issuance of all kinds
ThickAsThieves: that's all
the info pertaining
to such in contract correct?
furuknap: I haven't written anything on ASICMiner yet either.
That
takes presedence.
ThickAsThieves: of new shares on MPEx in exchange for mergers or acquisitions in all-stock or stock-and-BTC deals ; or c)
through
the issuing of Special Stock Warrants as defined, written at a price no less
than
the average S.MG price 24 hours prior
to
the SSW issuance.
ThickAsThieves: (b) MiniGame solemnly promises and warrants never
to issue more shares on any other venue nor in any way
to fraudulently dilute existing shareholders at any point in
the future. All future share issuance will be made only a)
through selling of new shares on MPEx, subject
to approval by MPEx, at a price no less
than
the
thirty day average price
then current on MPEx ; or b)
through issuing
furuknap: I might, but
that would force me
to do extensive research on
the company.
chsados: furuknap aren't you
the one with
the blog? you should write up an article about AMC
chsados: pankkake, lol i
thought
the same
thing
pankkake: AMC is
the Facebook of bitcoin
furuknap: Every billionaire had
to earn his first dollar...
furuknap: <@assbot> [BTCTC] [AMC-PT] 995 @ 0.00249 = 2.4776 BTC [-] <- And
thus it begins.
mircea_popescu: ThickAsThieves you know,
there's stock warrants ouytstanding
ozbot: Statements regarding
the MMORPG under development (I - V) pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: actually all was
today. i guess announcement was
to
the market's liking.
ThickAsThieves: they werent meant
to be
taken in anally,
try
there first
Vbs: still have
to
take
the
tech details in
Vbs: they made
the embedded SDD controlers on eAsic
Vbs: for
their Momentus XT HDDs
Vbs: we are on
the same boat as Seagate :D
mircea_popescu: is
this just people
trying
to be all s,mpoe on
the grounds
that why not ?
furuknap: If it's
true, we have yet another ASIC miner
to deliver somewhere early next year.
Vbs: better
than I
thought!!!! :DDDDDD
furuknap: VMC And AMC Are Proud
To Announce
The "World's Fastest Bitcoin Mining Chip".
kakobrekla: people are scared
to run nodes in states?
mircea_popescu: deadweasel
think in
terms of per gdp, and you'll see how fucking backwards
the us is on nodes.
furuknap: C'mon I was just
trying
to freak out Vbs a bit...
furuknap: So no news
today, he just wanted
to get more funds in.
furuknap: and
then kslaughter
told me it was all a joke.
deadweasel: 45,021 in
the USA. China will probably
turn
the
tables shortly. needs a bitbet.
ozbot: Lets make Bitcoin 2.0 and combine all innovations of
the past years into one!
kakobrekla: >A bit of both. Bitcoin got so many
things right, but in order
to implement
this host of new ideas and improvements, Im afraid we need a whole new coin because an organic update process of
the Bitcoin protocol would
take ages.
davout: something in
this woman reminds me of
the hindenburg
mod6: lol at
that last one dub
dub: I'm loving
this
tumblr
dub: its weird,
there are no
trades
gribble: MtGox lag is 1.909351 seconds. During
this
time, light
travels 0.00382631802584 AU. You could have sent a bitcoin from Jupiter
to its
third largest moon, Io (0.002819 AU).
Bugpowder: Nanex data show as many as 30,000 shares of SPY
traded in 1 millisecond during
the course of
the 15 millisecond gap between
the inadvertent release and
the official public dissemination of
the information
that day.
pankkake: clearly not enough people buying,
the scam is way
too big
chsados: someone just buy up all
the AMC already so i can dump at 2x
mircea_popescu: ThickAsThieves hey, you're keeping
track. how much btc per share did asicminer pay past
three months ?
KingCoin: At current market rates I will be charging 25 LTC per coin (this includes
the 10 LTC
to fund
the coin).
This is subject
to change without notice based on market fluctuations.
pankkake: however
those litecoins look real nice. it will depend on
the price…
pankkake: the price of cascacius coins makes
them not worth it
KingCoin: yeah i want some of
those litecoins
mircea_popescu: we've gone
to all
this
trouble
to make
them nonphysical...
furuknap: Heading
to lunch. I don't expect
to be surprised when I get back. I have been wrong before.
mircea_popescu: this is how serious business goes, you add "from
the desk of Joe Douche" in
there and it's proof.
KingCoin: what divs are
to be expected on rentalstarter
kakobrekla: apparently i failed at continuing
the joke
furuknap: I
think I was making a funny, but I seem
to have failed.
furuknap: And
that still doesn't account for anything
that's been sold.
furuknap: I don't have my calculator available, but
the sum of
those aren't 2 million.
furuknap: Why is
there 1.5 million shares for sale on Bitfunder and 1.6 million shares on BTCT?
furuknap: SPRINGFIELD, MO, – June 26, 2013 – Active Mining Corporation (AMC) is announcing
today
the release of 2,000,000 shares at a price of 0.0025, in preparation for
tomorrow's announcement concerning recent developments in
their Research and Development program.
ozbot: Personal responsiblity and
the Ponzi scam.
mircea_popescu: if i had any doubts about whether "the people" should never be allowed
to handle
their own capital, bitcoin is well curing all
that.
mircea_popescu: the problem with all
this idiocy is what it always was : fucking irresponsible idiots causing problems across
the entire board.
furuknap: Chillax,
there's still 1.6 million shares offered just on BTCT. You can easily pick
those up for hours still, probably even until after
the news.
aknap3: It's going
to be a hard fall, but not for Ken
kakobrekla: at least in
this room
there is no btich going "pay me btc now here pls cmon one for
the whores" after pic is posted