log☇︎
939200+ entries in 0.691s
tiberiusiv: and in romania, identities are sold by the cart load
tiberiusiv: he only needs to dump a small % to get filthy rich
mircea_popescu: but he's totally right.
mircea_popescu: short it for that matter
tiberiusiv: of course they do
ChaangNoi: dont buy the stock if you dont like it, clearly someone lkes it
mircea_popescu: the emperor tiberius has accepted btc, but not mpoe, so this makes them different
mircea_popescu: just as soon as your corp reaches 50mn dollars valuation there's people with nothing in their pocket telling you how your capitalist way are scamming the world
ChaangNoi: lol there are not 10 million bids for btc right now either, lol
tiberiusiv: you cant sell them becuase there is no bids yet, once you inflate the mpex earnings through faking nearly everything mpex related, bids(gullible idiots) will show up to pay you
mircea_popescu: if indeed they are worthless then yes they are in the market, burning a hole in my pockets.
Namworld: that they are or not doesn't change the dividend per share...
tiberiusiv: they arent in the market
tiberiusiv: the 88% of shares that havent been dumped yet
mircea_popescu: so mpoe is becoming / became already the t-bills of btc.
mircea_popescu: actually one of the main likely reasons mpoe is worth a lot is exactly that : btc has inflation
ChaangNoi: if you dont like the stock dont buy it, how is that hard?
tiberiusiv: why wouldnt it be? you need suckers to pay the $
tiberiusiv: im not denying that
mircea_popescu: there's clear statements made as to plans, they've been followed, etc.
mircea_popescu: if one day you actually read the statements you'll see it;'s been going down since 99.5% last year.
mircea_popescu: the only reason i own 88% of mpoe is tghat i didn't sell more.
tiberiusiv: i am thinking.
tiberiusiv: hence why you still own 90% of the company
mircea_popescu: nobody knows how much of your supposed tens of millions in options is fake. <<< IDENTITY OF USERS
tiberiusiv: nobody on here can verify ANY of the trades/volume mpex does.
mircea_popescu: your argument cvhanged from "i can't verify the identity of users"
tiberiusiv: nobody knows how much of your supposed tens of millions in options is fake.
mircea_popescu: but the fact alone that the "mpoe is worthless" argument reduces to a "btc is worthless" defeated argument from 2011
tiberiusiv: mircea: of course you will, you have no problem taking the slow and steady approach of selling worthless shares over a longer time period.
ChaangNoi: lol there are reasons not to use his excahnge, being in romaina is not one of them
mircea_popescu: i don't need to persuade you that btc is worth something, or that mpoe is worth someting.
tiberiusiv: customers dont want to hear political statements.
mircea_popescu: bitcoin is exactly about raping the sort of bs you're sprouting.
mircea_popescu: and to be clear : tyhis isn't a "case" im making. this is a political statement.
tiberiusiv: chaangnoi: thats why nby credible wants to list on his exchange, romania is internet fraud capital.
mircea_popescu: which is all the better, let the wannabe "verificators" mind their own business.
ChaangNoi: im in thailand, i must be a lady boy right? lol
mircea_popescu: the entire point of btc is that nobody can "verify".
tiberiusiv: anyone can bot up options trades.
mircea_popescu: right, because this is thinking.
tiberiusiv: mp: and you being in one of the largest fraud centers of the world doesn't help your case either.
tiberiusiv: mp: yes the typical sociopathic quotes.
mircea_popescu: jpm doesn't have a mp equivalent for the fiat space.
mircea_popescu: toffoo totally.
toffoo: quote of the day?
mircea_popescu: if anything, i'm oversold. s.mpoe is on the long term worth more than jpm.
mircea_popescu: i wouldn't sell my state in s.mpoe for 50mn usd in cash today.
tiberiusiv: virtex does a small % of volume compared to what you claim you do
mircea_popescu: except i'm not doing it, because they're not overvalued.
tiberiusiv: mircea: i am? you only need to dump 10-20% of your grossly overvalued shares to pocket millions
mircea_popescu: and this was on their motherfucking ipo.
mircea_popescu: compare 22k to 4k btc.
mircea_popescu: fiction is one thing, but you're veering into delusion.
tiberiusiv: yet nobody wants the shares in mass.
mircea_popescu: power always concentrates in the hand of the elders, and the productive, and the smart.
tiberiusiv: fact is this, sdice has been around about 1 year now and is so "profitable" yet voorhees cant sell more shares.
mircea_popescu: that you're new, or clueless, or haven't done anything worth the mention.
mircea_popescu: that reason is that you suck, however packaged
mircea_popescu: and it is all as it should be : you aren't the ones in power for a very good reason.
mircea_popescu: however, needing this argument shows your shorts are a power play, not a market play.
mircea_popescu: this is true, you don't.
mircea_popescu: right. so basically your argument reduces to "we can't short bcause we don't control the money supply"
tiberiusiv: yea and you have proceeds from the existing share sales
mircea_popescu: it's immaterial if this wealth is in shares or btc or anything.
mircea_popescu: stop running around the field. the point of discussion here is that the holding % makes no difference.
toffoo: that's bill gates and warren buffet of btc right there
tiberiusiv: you only need to get rid of 10-20% shares at inflated valuations to pocket millions
tiberiusiv: mpex is what 95% owned by you? theres no way to tell how many of your "options" trades are real
mircea_popescu: you know there's a long history of hotheads with nothing to show just like yourself tried that entire approach.
tiberiusiv: mp: id expect you to defend him since your own operations are beyond shady as well.
mircea_popescu: that's not how proof works, that's how circular arguments work.
ChaangNoi: seems to be what most do
tiberiusiv: the proof is that more people arent willing to buy shares
mircea_popescu: plenty of people can bully shorts if they chose to.
mircea_popescu: think for a moment. if he has 90% of the shares or if he has 500k BTC it's all the same.
pigeons: tiberiusiv: that's an unproven allegation that we've all been over. we're all interested only if you have some proof
mircea_popescu: tiberiusiv that's really a discredited argument you know.
tiberiusiv: pigeons: hell have to fake more playing
Bowjob: tiber, more conspiracy theories please
pigeons: well he's trying to have less than 90%, he's working on it
tiberiusiv: voorhees can simply use his buying power to bully short sellers into massive losses
Namworld: 20k BTC till 95 USD/BTC ...
mircea_popescu: just two digit most relevant works imo
tiberiusiv: sdice is too dangerous to short because voorhees has 90% of them and can always manipulate earnings
Bowjob: cuz fuck the extra zeros
mircea_popescu: a then he's ahead there
gribble: BTCUSD ticker | Best bid: 74.66999, Best ask: 74.67000, Bid-ask spread: 0.00001, Last trade: 74.67000, 24 hour volume: 81024.62335997, 24 hour low: 71.25319, 24 hour high: 78.00000, 24 hour vwap: 74.68722
Bowjob: TF is on the receiving end of that share short
mircea_popescu: pigeons prolly after they go to 80
pigeons: when does he have to rebuy his S.DICE shares too? you know he hasn't done that yet
ChaangNoi: he picked a bad time to short btc
Namworld: what did he spent that on?
Namworld: He actually got the 600 BTC?
tiberiusiv: he can only make it if the btc price is down
Bowjob: the moment of truth for ian is 29th of march
pigeons: mernie madoff is funny one too
pigeons: i asked cause its humorous. i know its bad form to make fun of a fellow's name
ChaangNoi: lots of scammers used their real name
Namworld: I pay 0.21% weekly and I find that a lot.