log☇︎
989500+ entries in 0.754s
thestringpuller: and deregulated from the current market it's pegged at
thestringpuller: the idea is to sell cocoa through mpex
EskimoBob: maybe you can use existing delivery networks to get your goods moving
EskimoBob: thestringpuller: cocoa is sold all over the wold. Why not talk to some of the guys?
EskimoBob: if you have not noticed, there is a new virtual security in litecoinglobal https://www.litecoinglobal.com/security/ART
thestringpuller: for the month
smickles: thestringpuller: you must know i'm not an expert in commodities trade regulation
thestringpuller: i was just trollin'
thestringpuller: i thought you were a scammer
Diablo-D3: open it to get a soda BAM, forum threads spill out with scam accusations
Diablo-D3: frankly, I think they're hiding in the fridge
Diablo-D3: no one expects the spanish inquisition
thestringpuller: i meant, when the spanish inquisition comes
thestringpuller: yes and general advice like when the feds come
smickles: ah, you want me to do bookkeeping and reports for you?
thestringpuller: and then that opens mpex up to regulation...
thestringpuller: mainly because I feel this will get regulated
thestringpuller: well less help with the model and more with the accounting, I would like to retain your btc accounting services
smickles: If you really need help with a pricing model, I can probably help you punch the numbers into one of the standard formulas
mircea_popescu: and offer to buy at a spread under
mircea_popescu: thestringpuller basically, you know what delivery costs, you know what you can buy cocoa for, so offer that
thestringpuller: there are 2-3 people in the coffee world who would be interested in funding this endeavor
thestringpuller: if I can prove that the capital is a done deal
thestringpuller: would you be willing to help me with the model?
smickles: there are models for futures too, actually, it's possible to even use b-s, as options and futures can be converted to one another
thestringpuller: but fairly enough that it's worth purchasing at times
thestringpuller: smickles what about the underwriting model? the mpoe bot seems to make most of it's money because it prices the contracts effectively
smickles: thestringpuller: I'm not familiar enough on practicing the business in 'merica to render much of an opinion. but Ideally, it sounds easy. make contract, honor the contract
thestringpuller: smickles: what is your take on this physical delivery of futures
thestringpuller: i think they call that molestation
mircea_popescu: like a doctor that can't feel tits.
mircea_popescu: logically, a lawschool student incapable of drafting incorporation papers isn't able to graduate.
thestringpuller: is it really that easy?
thestringpuller: i mean if you can make it so I have control and it's in another country (some vehicle to do that) I'd rather go that option
thestringpuller: but the LLC will likely be american
thestringpuller: i mean I can send people to columbia or wherever the fuck the farm is and they can set up a trailer office there
thestringpuller: i just happen to live here
thestringpuller: the whole point of btc is to be self regulating...
mircea_popescu: thestringpuller i fail to see the sense, if the cocoa isn't produced in the states why centralize it there ?
thestringpuller: it's the regulation that's the issue
smickles: do you have a lot of capital to launch it?
smickles: I'm sure there are a ton of regulations to comply with then
thestringpuller: it's be btc based though so it wouldn't be limited to america
smickles: thestringpuller: you wan't to do actual publicly traded futures in 'merica?
mircea_popescu: the mpoe bot is b-s tho. i don't imagine you need something like that if you have price and forecast inputs from the farmers.
thestringpuller: i only keep bringing the bot up because he tends not to lose money in the longterm
thestringpuller: from there it's underwriting the future contracts in a fashion similar to the mpoe bot
thestringpuller: we'd buy directly from willing cocoa farmers and that would set the baseline price for the market
thestringpuller: my idea is to price everything based on farm distribution
smickles: thestringpuller: i'm unsure, but I think we'd only pay tarrifs if we imported things
thestringpuller: btc based physical future delivery isn't illegal in the US is it?
smickles: and I mean, specifically, things which are illigal where I am or where my immediate family is
thestringpuller: how many tariffs we gonna have to pay
smickles: thestringpuller: I can't currently try to pull off illegal things
thestringpuller: because they fail at life, thinking that going to art school for $20,000 a semester would train them to write the shitty movie that they're parents are paying for
mircea_popescu: lol. they smell it anyway
thestringpuller: why should the hipster barista's see a dime of it?
thestringpuller: i'm workin' hard to move this cocoa
thestringpuller: i'm just being overly libertarian today... :P
thestringpuller: and defeats the purpose of decentralization
mircea_popescu: seems cheaper than overthrowing a government
mircea_popescu: why exactly wouldn't you pay taxes ?
thestringpuller: we should just overthrow the government in a small country and ship from there
thestringpuller: if we are to completely avoid regulation, i.e. paying 0 taxes to the man to support the welfare kids, wouldn't we have to ship from say a private island? or like the middle of the ocean?
thestringpuller: we came up with a question for you though mircea_popescu
thestringpuller: mircea_popescu and I had a good talk :)
thestringpuller: do you have a moment to talk
smickles: my first linux was given to my by a friend in the halls of highschool on a floppy
mircea_popescu: <Diablo-D3> cant put that geanie back in the bottle <<< diablo scammed spelling.
Namjies: I'm not that knowledgeable. I'm not a programmer either.
rg: good times
rg: remember when magazines/books used to come with CDs
Diablo-D3: with wheezy testing, and jessie is the next testing after that
Diablo-D3: I dual booted for 2-3 years before that
Diablo-D3: and by move to, I mean fulltime
Diablo-D3: I moved to linux shortly before potato became stable so....
EskimoBob: RH was my first too. :)
rg: redhat 4.2 was the last good redhat release
EskimoBob: I moved permanently to Linux on 2002
Diablo-D3: post debian though
Diablo-D3: hell, I think thats even pre 2.0
Diablo-D3: he'd have to have been using linux when it was 3 years old
Diablo-D3: well, he'd have to have been using linux 6 years longer than me
Diablo-D3: if thats your A list, eh
rg: this is who i wanted to do bitvps
Diablo-D3: but if he doesnt pay on those btc-mining shares, Im going to beat his ass like a drum
rg: i wouldnt let them in if they werent
rg: theyre all trustworthy
Diablo-D3: namjies is trustworthy
rg: i really dont think it will be bad
rg: and BTC-Mining is well.. the man
Diablo-D3: rg: whos the new management?
rg: the only thing thats changing is now bitvps will have a proper staff
EskimoBob: if I can selle my few PT shares back, I am happy. After that, you guys can do what ever you want :)
Diablo-D3: my singing isnt that bad :<
EskimoBob: grownups are talking
rg: 3. arij/someone buys the automated VPS software (something like $50/mo)
rg: The following stipulations will be imposed on this deal:
Diablo-D3: RUN FOR THE HIIIIIiiiiIIiiIIIiiIIiiIILLLLS
EskimoBob: will they honour the old shares/contracts?