log☇︎
911400+ entries in 0.683s
mircea_popescu: will the kid agree to be diluted ? maybe not. then again maybe he wants a brother/sister.
mircea_popescu: now, why would someone agree to be diluted, well, it depends. suppose you have a kid and your wife wants another one.
mircea_popescu: if the shares vote, then the shareholders do it. if the shares don't vote then the operator does it
Namworld: Yeah, but in this case, it works as profit share. Each share of 1 billion in IPO contract has rights to 1/1'000'000'000 of profits.
mircea_popescu: to dillute you always issue more shares. this is to be done by whoever has the authority to do it.
mircea_popescu: let's take this apart.
Tritonio: To work with dillution I suppose you would have to issue more shares, which, depending on the contract, usually needs shareholders agreeing to that, right? Although I am not sure why would they agree to getting dilluted. Unless the expect the company's net worth to rise a lot more (because of the revenue from the sale of the new shares) than the dilution.
mircea_popescu: well it can work either way. in this case it worked without dilution.
Tritonio: mircea_popescu, When you offer that another 4mn during the second pass, are the old shares "diluted" or it works like if the second pass shares were owned by the issuer from the beginning?
Namworld: Where can I see the April statement for MPOE?
mircea_popescu: mpoe initially offered 1mn out of 1bn shares, then on a 2nd pass offered another 4mn
mircea_popescu: Tritonio contract always rules. look at some mpex contracts, bitbet for instance ipod 3mn out of a total of 10
Namworld: Eh, well it's slightly different and elegant. But it's pretty much the same as all the other clones, yeah.
Tritonio: Thanks mircea. Second question: If I issue 1000 shares, does each share equal 1/1000th of the company? Or can I state in the contract that shares in total acount for, let's say, 51% of the company?
mircea_popescu: basically i don't see anything to set it aside from the whatever, 50 others ?
Namworld: But doesn't bring much that SD wasn't already providing.
Namworld: What do you guys think of the latest SD type game, coinroll?
mircea_popescu: an ipo is just that, an initial public offering. it can fulfill any purpose the entity doing it wishes fulfilled.
Tritonio: So, as a noob in asset markets I come back with a few questions. 1. Isn't the purpose of an IPO to see how much the market is willing to pay? You list for example 1000 shares and then you wait 2 weeks or so for offers. When the IPO is over you start fullfilling orders starting with the highest price per share and going towards the lowest. Did I say something wrong till now?
gribble: BTCUSD ticker | Best bid: 99.00000, Best ask: 99.49000, Bid-ask spread: 0.49000, Last trade: 99.00000, 24 hour volume: 246793.80722528, 24 hour low: 79.00000, 24 hour high: 106.29000, 24 hour vwap: 91.24555
gribble: Introducing the OIX pe Trilema - Un blog de Mircea Popescu.: <http://polimedia.us/trilema/2013/introducing-the-oix/>; Ycombinator continues to suck, jointly and severally pe Trilema - Un ...: <http://polimedia.us/trilema/2013/ycombinator-continues-to-suck-jointly-and-severally/>; Ce este lenea ? pe Trilema - Un blog de Mircea Popescu.: <http://polimedia.us/trilema/2010/ce-este- (1 more message)
mircea_popescu: ;;google trilema oix
taub: oh oix is the number from the options?
gribble: BTCUSD ticker | Best bid: 97.63317, Best ask: 97.99999, Bid-ask spread: 0.36682, Last trade: 98.00000, 24 hour volume: 246231.22326211, 24 hour low: 79.00000, 24 hour high: 109.00000, 24 hour vwap: 91.29097
truffles: they should fly to Romania in protest
mircea_popescu: bwahaha this is ridiculous
mircea_popescu: !! Non US travelers with ESTA : #airport #customs computer systems down nationwide - only people with a physical VISA are getting in
gribble: BTCUSD ticker | Best bid: 95.20103, Best ask: 95.79981, Bid-ask spread: 0.59878, Last trade: 95.79981, 24 hour volume: 251905.49943468, 24 hour low: 79.00000, 24 hour high: 109.21000, 24 hour vwap: 91.63934
gribble: BTCUSD ticker | Best bid: 94.20001, Best ask: 94.87620, Bid-ask spread: 0.67619, Last trade: 94.87620, 24 hour volume: 252357.52489494, 24 hour low: 79.00000, 24 hour high: 110.20000, 24 hour vwap: 91.73894
mircea_popescu: soo how's things
damientrog: otherwise wise follow the thread on bitcointalk "satoshi dice analysis" by dooglus
damientrog: well that's april if that's what you meant
Namworld: urgh, where's the info on SD's profit for this month?
gribble: BTCUSD ticker | Best bid: 93.84001, Best ask: 94.00000, Bid-ask spread: 0.15999, Last trade: 93.84001, 24 hour volume: 255976.52594918, 24 hour low: 79.00000, 24 hour high: 114.73100, 24 hour vwap: 92.64101
kakobrekla: thats on top of btc
MJR_: so, how can i add text into my transactions?
MJR_: anyone know a good site for crafting bitcoin transactions?>
jcpham: i actual know someone who was indicted for exactly that
jcpham: it's not very far removed from telling people how to use loic to shut down paypal
wao: oh that how we calling our cryptopumps to army
jcpham: legally it's a denial of service and probably a felony in the US
jcpham: i think if multiple people purposefully try it...
taub: tux knows about it too, doesnt seem to care tho
taub: well i pointed this out like a month ago
jcpham: there's how if anyone wants to play along
taub: and you can play the goxlag game like a fiddle
damientrog: nothing to be worried about
Diablo-D3: yeah but I dont want to do the work
Diablo-D3: [03:15:58] <nanotube> Diablo-D3: sup. you can use the ;;t command, to grab title of the last url posted in chan.
nanotube: Diablo-D3: sup. you can use the ;;t command, to grab title of the last url posted in chan.
inhies: expand your portfilio to realestate http://www.huffingtonpost.com/2013/05/02/trump-soho-condo-selling-for-19m-in-bitcoin-only_n_3203609.html?utm_hp_ref=new-york
gribble: BTCUSD ticker | Best bid: 92.69332, Best ask: 93.59899, Bid-ask spread: 0.90567, Last trade: 93.59899, 24 hour volume: 261797.37999717, 24 hour low: 79.00000, 24 hour high: 114.73100, 24 hour vwap: 93.76582
gribble: BTCUSD ticker | Best bid: 92.50003, Best ask: 92.90000, Bid-ask spread: 0.39997, Last trade: 92.90000, 24 hour volume: 273106.52176777, 24 hour low: 79.00000, 24 hour high: 114.73100, 24 hour vwap: 94.32426
jambo_: you guys think we hit the floor?
kakobrekla: i can hear mp shouting i want to fuck your wife
gribble: (title <url>) -- Returns the HTML <title>...</title> of a URL.
Diablo-D3: turn on title display for urls
Diablo-D3: nanotube: I know you're there
benkay: you can tell by how they resolve conflicts between board members
benkay: that's generally what happens when lawyers get involved in a thing
jambo_: I wouldn't be surprised if they counter-sued
jambo_: they couldn't deliver, couldn't even get coins for people trying to pay...
benkay: ah ty
benkay: source on the claim that coinlab didn't have infrastructure sufficient to handle gox handover?
Diablo-D3: banks and other companies that handle personal data must jump through hoops to secure it
Diablo-D3: and have yet to prove they did
Diablo-D3: mtgox is useless to me anyhow
jambo_: maybe he was too busy running an empire
jambo_: they dont need to, they make mad money and they just went around them because they couldn't deliver.
Diablo-D3: they should have been to first to sue
Diablo-D3: so why isnt mtgox suing them?
jambo_: the judgement isnt not. who knows, what is they counter-sue?
Diablo-D3: jambo_: that'd be coinlab refusing to comply with the conditions of the contract
jambo_: all they had was a contract. no plans or capabilities afterwards.
jambo_: didnt have the infrastructure
Diablo-D3: how the fuck did coinlab fuck up that deal
kakobrekla: *expression apropriate in this case
error4733: i dream about this
b0n1: is there a bitinstant like company for european so far?
gribble: expecting to test 108 | upper target: 120-123 | updated by OneFixt at May 3 2013, 08:58 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 7 hours, 11 minutes, and 30 seconds ago
gribble: There are currently 999362.89 bitcoins demanded at or over 0.1 USD, worth 14823514.2355 USD in total. | Data vintage: 0.0091 seconds
MJR_: but i bet someone has a brainwallet from badmotherfucker just for the homage to pulp fiction
MJR_: it's the one that says "bad motherfucker"
thestringpuller: what is this kraken.com?
thestringpuller: because all the btc millionaires live in the country of europe
seongyupyoo: guys why not trade directly person to person?
gribble: MtGox lag is 0.452427 seconds. During this time, light travels 0.000906658642375 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
Chaang-Noi: i hope they add a 0 to that
jcpham: but only in the last 7d
jcpham: btc-e has 10% market volume now in the last week
thestringpuller: you should sign up for the btc millionaire club
Chaang-Noi: but it will take a while to send
Chaang-Noi: send me an address and ill send you a tip as a test payment
Chaang-Noi: i still have 5000 blocks to do but got damn
Chaang-Noi: no idea, i dont trust them fuckers
Chaang-Noi: so yeah my being in pjs some times worked cuz sometimes i slept there, (or not at all)
Chaang-Noi: some were dressed up, cuz other things
Chaang-Noi: some at times
Chaang-Noi: i made like $2,000 a day back then
truff1es: but were they as casually dressed as u?