log☇︎
992400+ entries in 0.728s
Ukto: thats the investors fault I think
pigeons: he did make public statements that he would not do any further work other than paying dividends
jcpham: and that is what it seems to me
Ukto: "it is what it is, good luck" type of thing
Ukto: if MP never promised to 'care for' the the passthrough
Ukto: pigeons: i have not seen the contract, i dont think. but he may be partially correct
pigeons: MP says that making claims was not part of the deal
jcpham: i don't like this idea of a passthrough
pigeons: giga does, MP does not plan to claim
Ukto: pigeons: but he plans to pay out the divs, to those who claim
pigeons: with glbse gone MP doesnt get the dividends to pass through anymore
jcpham: ic i think
Ukto: so neither market value, depth, or histroy on GLBSE have anything to do with an asset on MPEX
Ukto: jcpham: my view, is that as long as the shares receive dividends, and he can distribute those to the share holders on the mpex list, then its full tradeable w/ value on mpex. no information on GLBSE is required to operate/maintain the passthrough fund. price at glbse does not matter, since it trades at its ownprice on MPEX.
pigeons: MP did shut the passthrough down entirely
jcpham: i see everything you guys are saying but isn't it a huge pain in the ass for MP to operate his etf without any information
Ukto: and MP has to do his part on behalf of the PT
pigeons: well mircea_popescu claims that "he always stated" that he intended the passthrough to be zero work/maintenance
Ukto: giga has to actually do his part
Ukto: and remain tradeable
Ukto: those share values on the passthrough should remain
Ukto: that means that the claims woudl earn the passthrough fund dividends
Ukto: i thoguht he was just closing ?
pigeons: and he intends to continue despite being glbsed
pigeons: the contract was you get the proceeds of 5 mhash per share
Ukto: pigeons: some ppl say that worst case scenario the would sell hardware to take care of shareholders, since thats where the btc was spent
Ukto: i could look it up but I think your here :P
Ukto: so it oculd fall on the shareholders shoulders for not requiring a "detailed contract" from MP of responsibilities
jcpham: measured, tracked, statistical data
jcpham: well it seems to me that f.giga.etf totally depends on data from glbse
Ukto: though I guess no where MP laid out any responsibilities to do such
EskimoBob: Ukto: she is a not as smatr as she thinks.
Ukto: B. Acting as a passthrough for shares to giga, means to buy/sell, and claim when need be.
Ukto: A. MP/OE states that stocks were delisted from glbse, and therefore worthless. Thats the real financial market. However, if NYSE shuts down, MSFT shares are not worthless.
Ukto: I am just trying to est. real world happenings vs "financially uneducated" as "mpoe-pr" is calling everyone
EskimoBob: me too
Ukto: I have only stated non scanalous things
EskimoBob: hold on, i have seen this before! GLBSE!
EskimoBob: sold this shit to others and now tells everyone, it has no value (and deletes the security) :)
jcpham: and what was the function of it
jcpham: so MP was the asset issuer of f.giga.etf
Ukto: and re-posted them on Mpex
jcpham: who was the asset issuer, step one
Ukto: and he doesnt believe he should have to submit his claim to gigavps, thus will not
Ukto: regardless of the reason for delisting
Ukto: jurov: as of now, MP is of the opionion it has no value
jurov: if f.giga.etf is supposed to have some value, why nobody asked mircea to arrange buyback on december 1st?
EskimoBob: triple? damn I have seen this only once
jcpham: i saw a triple rainbow
Ukto: although, I was reading hte post guruvan vs mpoe-pr... reeses made a point that if a normal stock was delisted, its value is generally trashed for the reason it was delisted.. but in this case.. the stock/s were not "delisted" for reasons of financial stability.. thus, if a stock like AAPL (exmaple) were delistd due to the xchange shutting down, it still has value, right?
EskimoBob: hwo do you know that?
EskimoBob: forget the old part
jcpham: i imagine with mircea_popescu though stripper will be involvewd
EskimoBob: so how is this toy court going to work?
EskimoBob: look who's talking
jcpham: you can call me an asshat, but calling it a toy-court and implting that i'm not impartial is incorrect
Ukto: any of them lol
EskimoBob: what post? the left one or the one on the right side?
gigavps: EskimoBob has a special language he uses when posting on the forums
Ukto: I saw your posts on the forums (just recently started looking at them) and knew I recognized it
EskimoBob: fuck your toy court and every ass hat judge there :) LOL
EskimoBob: so you are scammer too?
jcpham: and i'm the guy
EskimoBob: can he be the first client of his own court? LOL
EskimoBob: was'nt he establishing some type of a court or some other shit for justice?
EskimoBob: looks like mircea has pulled a "glbse" on his super duper exchange and fucked all the pt holders
jcpham: I'll tell you what I know about trendon too
gigavps: it's not hard to dox me
jcpham: 10btc I spill all the beans
gigavps: guess not, your sitting here talking with me
EskimoBob: gigavps: is it possible, that I have better thing to do?
gigavps: EskimoBob, for someone who is on the internet a lot, you sure have trouble finding information
jcpham: stop talking to me
gigavps: no problem jcpham, talk with my lawyer
jcpham: gigavps these gpus I bought a year ago were not as described
EskimoBob: so, gigavps has earned his scammer tag finally?
PsychoticBoy: 2 are continuing on another exchange and 1 has a good buyback so....... this is not difficult to deal with
jcpham: resolving the matter privately, amicably; that's difficult
jcpham: i've noticed this
jcpham: it's pretty easy to point at other people and call them scammers after you give them your bitcoins
PsychoticBoy: and they were the ones cashing in big time, our money
PsychoticBoy: I got the idea that most BIG glbse players such as YABMC (JWU42 and scammy friends) and GIGAMINING (gigavps) do not intent to pay
jcpham: PsychoticBoy: JWU42 contacted me to remind me of my shares
PsychoticBoy: or is that shitty I dont want to pay back shareholders idea comming from your scammy partners
EskimoBob: wallet? I think it's his head, that's bloated.
EskimoBob: mircea_popescu: how does it feel to mimic your greatest "enemy" :)
EskimoBob: I was reading this drama "F.GIGA.ETF to be delisted on December 1st, 2012". mircea_popescu, looks like you pulled a glbse trick on your clients.
EskimoBob: Diablo-D3: now he knows where the clit is ... lol
mircea_popescu: if it ends up over 16 those c140t lose money for sure.
Namjies: No idea but that seems like a bad move to me
mircea_popescu: what, the peak is in ?!
mircea_popescu: for i got lost reading in there for about an hour, that' for!
Diablo-D3: mircea_popescu: something like that
mircea_popescu: <Diablo-D3> and lying about the continued state of lying and shippingness <<< theyre the bitcoin flagship corp, neh ?
Diablo-D3: I just wanna see the accuracy of his statements
Diablo-D3: but the whole thing of opening an editor just to put like 3 lines in it? meh
Diablo-D3: I should write a perl script to process these
Diablo-D3: I now have two lists for DMC
Namjies: Yes, failure of specific hardware. But the system as a whole keeps functioning and as such didn't fail.
Diablo-D3: failures happen all the time, its how they ahndles it that matters