assbot: [MPEX] [S.MPOE] 2996 @ 0.00088211 = 2.6428 BTC [-]
assbot: [HAVELOCK] [CFIG] 1 @ 0.14749 BTC [+]
gribble: MtGox BTCUSD ticker | Best bid: 372.2, Best ask: 372.5, Bid-ask spread: 0.30000, Last trade: 372.49999, 24 hour volume: 49865.79118746, 24 hour low: 340.0, 24 hour high: 395.0, 24 hour vwap: 369.39209
assbot: [HAVELOCK] [B] [XBOND] 151 @ 0.00108656 = 0.1641 BTC [+]
assbot: [MPEX] [S.MPOE] 4444 @ 0.00087962 = 3.909 BTC [-]
assbot: [MPEX] [S.NSA] 20000 @ 0.00023262 = 4.6524 BTC [+] {6}
assbot: [HAVELOCK] [AM1] 5 @ 0.6901 = 3.4505 BTC [-] {3}
assbot: [HAVELOCK] [AM100] 44 @ 0.00615004 = 0.2706 BTC [+] {2}
ozbot: They really are Buttcoins nao pe Trilema - Un blog de Mircea Popescu.
pankkake: I love the first comment "220 usd for that"
pankkake: sadly I heard a buttcoin isn't 10 BTC anymore
assbot: [HAVELOCK] [AM100] 105 @ 0.00654013 = 0.6867 BTC [+] {3}
BingoBoingo: That pic has so much jizz. Jizzy lens or a Mirror selfie?
ozbot: $100K traded through Vancouver's Bitcoin ATM in one week (with video)
pankkake: did that bring a lot of traffic?
benkay: hey asciilifeform why would i buy and hold s.nsa if you (pursuant to 3.2b) can simply issue more shares?
benkay: so i'm an idiot and don't understand how that's not diluting my holdings
benkay: ;;later tell mircea_popescu please for ams to explain how issuance of new s.nsa even at rolling 30d is not dilution of existing shareholders because ams idiots
benkay: i'm just contrasting that to s.mpoe where the deal is "there are 1b shares and will only ever be 1b shares"
benkay: who just went to bed :(
benkay: does anyone else have any insight on the topic?
benkay: dog save us from serious internets
mod6: oh yeah! forgot that was you.
benkay: in any event, the dilution rules are a little hazy, and i'm a little stupid and prone to making outrageous claims for my betters to correct.
pankkake: As I gather, the MPEx PR department currently consists of one person, paid to post pictures of pretty girls in Bitcoin forums.
benkay: the other line that's amusing in retrospect is "I, for one, will wait for the fully-decentralized systems."
benkay: (just taking the piss, asciilifeform)
gribble: MtGox BTCUSD ticker | Best bid: 332.00001, Best ask: 332.99, Bid-ask spread: 0.98999, Last trade: 332.0, 24 hour volume: 61621.37186433, 24 hour low: 305.0, 24 hour high: 395.0, 24 hour vwap: 360.15259
pankkake: I'm not sure I ever used a shopify website
pankkake: but this what needs to be done
pankkake: easy store creation with bitcoin processing
assbot: [HAVELOCK] [AM1] 1 @ 0.7189 BTC [+]
assbot: [HAVELOCK] [B] [XBOND] 900 @ 0.00108655 = 0.9779 BTC [-]
jurov: benkay: it's meant s.nsa will never have more than 100`000`000 shares ever
jurov: but since they did not sell on IPO, may be sold later
jurov: not all of them sold at IPO, I mean
benkay: so "authorized float" means "that as what we sold at ipo", or pre-ipo as described on cryptome
assbot: [HAVELOCK] [VTX] 1 @ 0.33383759 BTC [-]
jurov: yes. and it may be increased by future stock warrants and such
jurov: up to the 1e8 limit
benkay: that 1e8 limit is mighty implicit
assbot: [HAVELOCK] [AM100] 140 @ 0.00654129 = 0.9158 BTC [+] {5}
jurov: well, mircea likes to plan big :)
Duffer1: so.. it's an investment i guess but one that's guaranteed to lose you 100% of everything you put into it
benkay: i'm saying it's not clear at all that e8 is the hard upper limit of issuance
jurov: (a) No Such lAbs will offer one block of 100`000`000...etc
jurov: (b) No Such lAbs solemnly promises and warrants never to issue more shares ...etc
jurov: admittedly, it may be a bit clearer
benkay: "All future share issuance will be made only a) through selling of new shares on MPEx"
benkay: it could definitely be made clearer.
benkay: intent is there, but so is ambiguity.
jurov: at least there are no footnotes like on trilema
benkay: i'm always sad at the footnotes mouseover text escaping
assbot: [MPEX] [S.MPOE] 4259 @ 0.00087864 = 3.7421 BTC [-]
gribble: Nick 'gribble', with hostmask 'gribble!~gribble@unaffiliated/nanotube/bot/gribble', is not identified.
benkay: i love parsing 8859 by eye
assbot: [MPEX] [S.MPOE] 641 @ 0.00087455 = 0.5606 BTC [-]
assbot: [HAVELOCK] [B] [XBOND] 920 @ 0.00108655 = 0.9996 BTC [+]
assbot: [HAVELOCK] [HIM] 4 @ 0.04879992 = 0.1952 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 1542 @ 0.00087644 = 1.3515 BTC [+]
assbot: [HAVELOCK] [CFIG] 1 @ 0.1311 BTC [-]
assbot: [HAVELOCK] [CFIG] 8 @ 0.1305 = 1.044 BTC [-] {2}
assbot: [HAVELOCK] [HIM] 17 @ 0.04999459 = 0.8499 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3 BTC [-]
assbot: [MPEX] [S.MPOE] 4800 @ 0.00087427 = 4.1965 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.718899 = 1.4378 BTC [-]
assbot: [HAVELOCK] [B] [XBOND] 1410 @ 0.00108655 = 1.532 BTC [+] {3}
uhh: omg is this teh end of bitcoin?
gribble: MtGox BTCUSD ticker | Best bid: 292.0, Best ask: 294.99944, Bid-ask spread: 2.99944, Last trade: 294.99944, 24 hour volume: 66527.46188700, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 352.39072
benkay: next time i pay someone to diddle my laundries.
benkay: right up until you need to do something in small units of currency
benkay: and then fuck everything
assbot: [HAVELOCK] [B] [XBOND] 400 @ 0.00108655 = 0.4346 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 24 @ 0.0063301 = 0.1519 BTC [+]
uhh: so what's in at the moment, now that bf closed etc.?
benkay: business with profit models and proven management
uhh: sounds like 1 % per year return
uhh: then PIF is probably a good choice for you
ozbot: Urban Dictionary: piff
benkay: on an entirely different topic
benkay: when will the scientific community release papers that display well on computer screens oriented normally?
uhh: what do you have in mind? 4 columns?
benkay: i have in mind hiring a designer
nubbins`: you know that's meant for print, right?
uhh: only because you are a printing guy doesn't give you the right to promote old school technology. who uses paper these days?
benkay: i was under the impression these humans were trying to communicate
nubbins`: if they wanted you to not print it, they wouldn't have made it a pdf
benkay: what these academics (along with many others) want or even "think" is irrelevant
nubbins`: and yet here you are, forced to live with their decisions
nubbins`: unless you have the option to read these papers in a format that's a good fit for your screen?
uhh: maybe we shouldn't pitchfork the printing guys and scientists, but adobe.
benkay: don't much care to derp through it
nubbins`: (i know, that's a really open-ended question)
uhh: i'd say they do have an influence on how pdfs are presented on a computer screen
nubbins`: i'd say the creator of the document specified the exact dimensions of the page
nubbins`: and, in fact, had complete control over the presentation of the content
nubbins`: because that's what pdf is for :(
benkay: we're definitely out of my domain here
mike_c: they created it like that out of habit, not out of a thought-out decision as to what would be best these days.
benkay: leastaways i haven't touched this derpy shit since high school
benkay: but we could start with absolute positioning of letters
nubbins`: there's no better way for me to guarantee that if i send you a document, it'll look exactly the same to you as it does to me
benkay: a thing about which i give zero shits
benkay: can i get that info into my brain in a more pleasantly formatted way?
benkay: it's this whole idea of ideas as opposed to aesthetics
benkay: you have this amusing hangup on aesthetics
benkay: now don't get me wrong, they're important
nubbins`: a pdf looks the same on every system
nubbins`: what else are you gonna send, a .doc?
benkay: at least that preserves the notion of a character stream
nubbins`: oh, whoops, you don't have the right fonts or they're drawn differently or your page margins are different, etc
uhh: now i see why my last statement was kinda stupid
benkay: ("you're fucked" - erudite as always)
nubbins`: there are many, many occasions in this world where it's important that the recipient of the document be shown the exact thing that the sender intended
benkay: oh and don't get me wrong, aesthetics are important
nubbins`: it's not a question of aesthetics
benkay: it's how my firm makes our bread
nubbins`: it's a question of presenting information in a standard way
benkay: presenting images, i'd amend.
benkay: the information is clearly taking it up the tuchus in the .pdf "format"
nubbins`: the information is presented exactly how the creator of the pdf intended
nubbins`: if he intended to make a shit-looking document, well, too bad
benkay: the creator of that pdf didn't give two shits about any presentation beyond getting it printed and validated by the american idiot community of "scientists"
benkay: information clearly taking a backseat to arbitrary presentation guidelines written by an obsolete industry.
nubbins`: you're trying to generalize a specific case
benkay: my complaint was about a specific case
benkay: where's my damn character stream.
benkay: embedded in some fucking layer in that monstrosity of a transmission?
benkay: you get neither information nor technology
nubbins`: creator of the doc obv didn't give a fuck how it looked on a computer screen
nubbins`: it was probably being sent to a journal to be published
nubbins`: i doubt he gives a red fuck how it looks on a computer screen, and why should he?
nubbins`: all i see is wailing that something's not in your preferred form, like your chicken nuggets were cut up before mom put them on your plate and now you won't eat them
benkay: it was perfectly acceptable chicken to begin with
benkay: why subject it to this ammonia
nubbins`: you're like an old man in a lineup
nubbins`: "why didn't this scientist realize i only read things on my computer!"
nubbins`: seriously though, keep it up. people will eventually come around
benkay: "why didn't this scientist realize i only read things on my computer! (sic)"
benkay: well because scientists generally care about behavior at the limit
benkay: if i contribute to the demise of print in any way it'll have been a good day's work
nubbins`: if you contribute to anything in any way it'll have been a surprise to all
nubbins`: anyway, the document is in two skinny columns because skinny columns are easier to read.
nubbins`: that's why, y'know, newspapers and magazines and scientific journals use them
benkay: not objecting to columns
benkay: those make a modicum of sense
nubbins`: so literally just the fact that it's not a plain text doc?
benkay: just getting a rise out of you
assbot: [HAVELOCK] [AM1] 1 @ 0.718899 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.7188995 = 1.4378 BTC [+] {2}
assbot: [HAVELOCK] [CFIG] 1 @ 0.13 BTC [-]
assbot: [MPEX] [S.MPOE] 9081 @ 0.00087277 = 7.9256 BTC [-] {2}
Ademan: Does anyone know what the current status of bASIC-MINING is? As best I can tell from the bitcointalk thread, the operator is totally MIA.
assbot: [HAVELOCK] [AM1] 1 @ 0.7199999 BTC [+]
Ademan: I don't deny being an aspie, but did you mean creativex is an aspie or me?
Ademan: Well, the bitcointalk thread claims he's "Eric Corlew"
mircea_popescu: ;;later tell benkay well i can't explain why x thing isn't y thing. why do you think it is in the first place ?
mircea_popescu: Ademan ya well, who's who in the bitcoin scamspace is always an iffy proposition.
mircea_popescu: this is why people invest on mpex rather than fucking themselves over on the play-pretend "alternatives".
Ademan: mircea_popescu: can you give me a full disclosure on that statement? ;-)
Ademan: was joke, attempted joke anyways
mircea_popescu: sorry sir, we here at internet house are proud to say no joke.
Ademan: from a purely marketing standpoint, have you ever considered throwing a stylesheet on there?
mircea_popescu: in the same way a four star michelin restaurateur has from a purely marketing standpoint considered throwing a drive-in in there.
Ademan: lol somehow I knew that was a dangerous question to ask
mircea_popescu: no but seriously, most interaction with mpex is programatical.
mircea_popescu: pankkake no, actually, it's about half a dozen people, mostly engaged in an all out war with the "press" establishment of teh english speaking computing world.
mircea_popescu: asciilifeform: a decentralized SR would live still. etc <<< it couldn't possibly, in that it'd have been made by the guy that hired his cocaine buyers to kill his cocaine curiers.
mircea_popescu: ;;later tell benkay: so "authorized float" means "that as what we sold at ipo", or pre-ipo as described on cryptome << no, it means the total # of shares actually having been issued. this starts as that which was sold at ipo, increases every time someone executes a stock warrant and every time the company issues more shares.
mircea_popescu: jurov: up to the 1e8 limit << actually mpex is on 64 bit systems, there's no 1e8 limit. iirc it's 1e42 or something
Ademan: mircea_popescu: 30 BTC is steep as hell, is there anything against pooling and/or "reselling" access?
mircea_popescu: other people do the same thing privately. which is how exchanges fucking work in the first place.
mircea_popescu: jurov : "(b) No Such lAbs 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". separate clauses.
Ademan: lol it's practically a boilerplate tg2 site
gribble: MtGox BTCUSD ticker | Best bid: 341.1, Best ask: 342.9311, Bid-ask spread: 1.83110, Last trade: 341.1, 24 hour volume: 71989.74982744, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 345.56628
assbot: [HAVELOCK] [AM100] 21 @ 0.0065402 = 0.1373 BTC [+]
Ademan: transgender2, it's the second level
Ademan: buh uh, turbogears 2, was a neat python web application framework
Ademan: the NSA might be transgender, I dunno
assbot: [HAVELOCK] [AM1] 7 @ 0.72848571 = 5.0994 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 120 @ 0.00654525 = 0.7854 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 3 @ 0.7299 = 2.1897 BTC [+]
assbot: [HAVELOCK] [CBTC] 6000 @ 0.00012 = 0.72 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 2 @ 0.7299 = 1.4598 BTC [+]
assbot: [HAVELOCK] [CBTC] 1678 @ 0.00011959 = 0.2007 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 4 @ 0.7299 = 2.9196 BTC [+]
assbot: [HAVELOCK] [AM1] 6 @ 0.732 = 4.392 BTC [+]
assbot: [HAVELOCK] [AM1] 3 @ 0.7324 = 2.1972 BTC [+]
assbot: [MPEX] [S.MPOE] 9550 @ 0.00087576 = 8.3635 BTC [+] {3}
assbot: [HAVELOCK] [AM100] 68 @ 0.0065499 = 0.4454 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 100 @ 0.00209889 = 0.2099 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.7324 = 1.4648 BTC [+]
assbot: [HAVELOCK] [B] [XBOND] 405 @ 0.00108655 = 0.4401 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 6 @ 0.7324 = 4.3944 BTC [+]
assbot: [HAVELOCK] [AM1] 5 @ 0.7325 = 3.6625 BTC [+]
gribble: MtGox BTCUSD ticker | Best bid: 340.0, Best ask: 342.97979, Bid-ask spread: 2.97979, Last trade: 342.97981, 24 hour volume: 71027.21107632, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 343.80987
gribble: A market order to sell 10000 bitcoins right now would net 2926878.0981 USD and would take the last price down to 270.0000 USD, resulting in an average price of 292.6878 USD/BTC. | Data vintage: 124.7729 seconds
gribble: A market order to sell 20000 bitcoins right now would net 5452647.9474 USD and would take the last price down to 230.0000 USD, resulting in an average price of 272.6324 USD/BTC. | Data vintage: 155.3802 seconds
gribble: A market order to buy 10000 bitcoins right now would take 3918593.9166 USD and would take the last price up to 420.0000 USD, resulting in an average price of 391.8594 USD/BTC. | Data vintage: 174.9046 seconds
gribble: A market order to buy 20000 bitcoins right now would take 16066080.2504 USD and would take the last price up to 3452.7072 USD, resulting in an average price of 803.3040 USD/BTC. | Data vintage: 184.1464 seconds
assbot: [MPEX] [S.MPOE] 4500 @ 0.00087738 = 3.9482 BTC [+] {2}
jurov: <Ademan> [08:01:18] lol it's practically a boilerplate tg2 site << so nice to meet fellow coder :DDD
assbot: [HAVELOCK] [AM1] 2 @ 0.73249 = 1.465 BTC [-]
gribble: MtGox BTCUSD ticker | Best bid: 336.99003, Best ask: 337.99997, Bid-ask spread: 1.00994, Last trade: 336.99002, 24 hour volume: 71064.95691229, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 343.56136
ozbot: Bitcoin Charts / Markets
assbot: [MPEX] [S.MPOE] 2107 @ 0.00087832 = 1.8506 BTC [+] {2}
jurov: mircea_popescu iirc benkays' original question was "aint it stock dilution?"
jurov: i'd like to see some hard limit on that in the contract(even if 1e8 shares), too
gribble: Current Blocks: 268812 | Current Difficulty: 5.109297380161518E8 | Next Difficulty At Block: 270143 | Next Difficulty In: 1331 blocks | Next Difficulty In About: 1 week, 1 day, 15 hours, 25 minutes, and 42 seconds | Next Difficulty Estimate: 525565264.161 | Estimated Percent Change: 2.86449
mircea_popescu: if at time t the stock is worth more than what it's trading for, people should buy it. if they can't buy it, it's not worth more.
mircea_popescu: if it's not worth more, issuing more at that price is not dilution.
jurov: i personally don't have big issue with it, we'll see how it will work out. It's much much better that S.DICE was, with evoorhees throwing stuff in randomly without any announce/approval needed
jurov: yes, but there were huge pools of shares not on the market and arriving all at once, which s.nsa is so far avoiding
jurov: and the contract even makes some stipulations about the price
mircea_popescu: that's really the empire of the holder. if asciilifeform decides to convert his warrants in a bulk and dump them on the market for instance it'd be similar a result
mircea_popescu: afair the major problem with s.dice was that at some point erik arbitrarily decided to reclassify an asset class in his accounting,
mircea_popescu: but that only lasted about two days and he backed off.
mircea_popescu: so it's only "major" in a theoretical sense, otherwise innocent mistake and all.
jurov: seems i should reread the mpex stuff n+1 times :)
assbot: [HAVELOCK] [KCIM] 1 @ 0.143 BTC [-]
jurov: and include even the listing agreement commentary in my upcoming "missing mpex manual"
mircea_popescu: actually someone writing mpex contract commentary and adding together mpex caselaw would provide an infinitely valuable service
mircea_popescu: certainly more than all bitcoin foundation ever did in its ignominous history to date.
assbot: [MPEX] [S.MPOE] 8950 @ 0.00088227 = 7.8963 BTC [+] {2}
mircea_popescu: "Welcome to MPExProviding nucleation in the superheated fluid of Bitcoin. Since 2011."
kakobrekla: >On some level I feel your pain. I've long wanted to start a bitcoin-settled version of Intrade (no, bitbets/betsofbitcoin/etc are not even close to being the same thing) and an exchange-cleared market for hashrate futures. But as a US citizen and resident it's illegal for me to do these things for at least a dozen different reasons.
mircea_popescu: "chief among them, that i'm a fucktard who shouldn't be even close to doing anything of the sort, as i've clearly proven by the thick cluelessness of the foregoing."
gribble: MtGox BTCUSD ticker | Best bid: 338.5, Best ask: 341.9, Bid-ask spread: 3.40000, Last trade: 341.9, 24 hour volume: 72059.99145526, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 341.92907
assbot: [HAVELOCK] [AM1] 3 @ 0.732499 = 2.1975 BTC [+]
assbot: [MPEX] [S.MPOE] 7346 @ 0.00088473 = 6.4992 BTC [+] {2}
assbot: [HAVELOCK] [HIM] 9 @ 0.04998279 = 0.4498 BTC [+]
assbot: [HAVELOCK] [AM100] 20 @ 0.00654999 = 0.131 BTC [+]
firedrops: lol, idiot in -hidden just sent 2BTC to tor hidden service 'bitcoin laundry'..
firedrops: asking when he's going to rec'd his clean coins.... :)
kakobrekla: tell him for next time, ill clean his coins for 50% only, instead of 100% that he is paying now
BigBitz: Oh that 2BTC guy... Oh man... that's like $700. Brutal.
Apocalyptic: <BigBitz> are you mental ? // one must really be to do something like this..
assbot: [MPEX] [S.MPOE] 4243 @ 0.00088185 = 3.7417 BTC [-]
firedrops: nobody can take his experience away from him, and it was entertaining, so +1 for well spent.
assbot: [HAVELOCK] [AM1] 1 @ 0.732499 BTC [+]
mircea_popescu: some people spend some bitcents and read all of trilema. some people buy some coffeee and read the log of this chan
mircea_popescu: some people invest 950 btc in coinlenders and afterwards compliment me on how "prophetic" my gpg contract was.
mircea_popescu: it's a free world, everyone gets to the same spot on a path of his own choice.
BigBitz: Investing in TradeFortress. lololololol.
ozbot: LvM L&Sa - I.1.Ownership (1) pe Trilema - Un blog de Mircea Popescu.
zist: "Paul: He who can destroy a thing, controls a thing"
zist: extra points if you know where that comes from
zist: that's luch less fun
assbot: [HAVELOCK] [AM1] 1 @ 0.7325 BTC [+]
zist: pankkake: please feel free to correct my bad typing too. Tiring of typing twice and adding *
pankkake: I realize I make a lot of typos too on IRC
pankkake: or have a client with spellchecking
assbot: [MPEX] [S.MPOE] 3210 @ 0.00087857 = 2.8202 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.732499 = 1.465 BTC [-]
assbot: [HAVELOCK] [AM1] 4 @ 0.732499 = 2.93 BTC [-]
assbot: [HAVELOCK] [AM100] 400 @ 0.00663577 = 2.6543 BTC [+] {8}
assbot: [HAVELOCK] [AM1] 4 @ 0.70000011 = 2.8 BTC [-] {3}
kleinessteak: can someone explain what the {x} means at the end of the assbot msg?
kleinessteak: and why is there no msg anymore for trades on bitfunder?
kakobrekla: srsly, trades are aggregated over 1 min, when you see {x} it tells you how many trades were merged
kakobrekla: buttfunder was never here on #bitcoin-assets
kakobrekla: and if you get anything on the lotto draw, 10% cut seems fari for assbot.
assbot: [HAVELOCK] [B] [XBOND] 1781 @ 0.00108655 = 1.9351 BTC [+] {2}
benkay: mircea_popescu: doesn't dilution mean "i had x% of stock base but now after issuance i have >x%"?
assbot: [HAVELOCK] [AM100] 200 @ 0.00646151 = 1.2923 BTC [-] {5}
gribble: smickles was last seen in #bitcoin-assets 1 week, 2 days, 20 hours, 43 minutes, and 12 seconds ago: <smickles> $avg
assbot: [MPEX] [S.MPOE] 6400 @ 0.00087987 = 5.6312 BTC [+]
mircea_popescu: benkay no, dilution means my shares entitled me to x equity now they entitle me to less than x.
mircea_popescu: <kakobrekla> buttfunder was never here on #bitcoin-assets << i gotta hand it to you... the old "well if you delay enough the problem may go away"
pankkake: I have been very successful at this :/
benkay: so when there are new shares how does the amount of equity i'm entitled to not decrease?
mircea_popescu: because new shares are sold for at least as much as your current shares are worth
mircea_popescu: which means equity increases at least at the same rate as the float.
benkay: and that btc hits the book as an asset
benkay: god i'm phenomenally dumb
mircea_popescu: well, the idea that dilution = more shares is somehow very intuitively easy.
mircea_popescu: it's not correct, but in order for this point to become important some progress has to be made.
mircea_popescu: as far as forum investing is concerned... that first approximation is great really.
benkay: it's a product of the SV "investment" model
benkay: new shares are issued, new cash hits books, value of existing shares remains stable, but then burn that cash on kegs and giant bags of refined hfcs
assbot: [MPEX] [S.MPOE] 6333 @ 0.00087902 = 5.5668 BTC [-] {2}
mircea_popescu: benkay well obviously equity is capital at risk. bad things can happen. ideally the bad things happen as a result of legitimate business ventures rather than beerkegging obviously.
benkay: anyways. questions about issuance resolved. tyvm.
gribble: MtGox BTCUSD ticker | Best bid: 307.0, Best ask: 309.99498, Bid-ask spread: 2.99498, Last trade: 307.0, 24 hour volume: 75027.40204515, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 337.535
assbot: [MPEX] [S.MPOE] 9200 @ 0.00087812 = 8.0787 BTC [-]
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}
assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}
assbot: !bash <lines> (desc: bashes last <lines> lines to bash) {short: !b}
assbot: !quote <lines> (desc: quotes last <lines> lines and returns dpaste url) {short: !q}
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
assbot: Last trade for S.NSA on MPEX was at 0.000235 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.73 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.73 BTC [+]
assbot: [MPEX] [S.MPOE] 10800 @ 0.0008771 = 9.4727 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.73449999 BTC [+]
gribble: MtGox BTCUSD ticker | Best bid: 306.2, Best ask: 308.0, Bid-ask spread: 1.80000, Last trade: 306.2, 24 hour volume: 76962.27551906, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 335.05303
assbot: [MPEX] [S.MPOE] 60000 @ 0.00087253 = 52.3518 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 5 @ 0.73 = 3.65 BTC [-]
assbot: [HAVELOCK] [AM100] 105 @ 0.00667591 = 0.701 BTC [+] {4}
assbot: [HAVELOCK] [AM100] 1691 @ 0.0066976 = 11.3256 BTC [+] {5}
assbot: [HAVELOCK] [AM100] 59 @ 0.0067 = 0.3953 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.72 = 1.44 BTC [-]
gribble: MtGox BTCUSD ticker | Best bid: 306.0, Best ask: 306.25001, Bid-ask spread: 0.25001, Last trade: 306.0, 24 hour volume: 78320.52789357, 24 hour low: 290.0, 24 hour high: 395.0, 24 hour vwap: 334.59426
mircea_popescu: nubbins` i guess not. the advantage of bitcoin however...
assbot: [HAVELOCK] [AM1] 8 @ 0.72 = 5.76 BTC [-]
ozbot: Black couple Francis and Arlette Tshibangu have white baby with blond hair | Mail Online
nubbins`: more like daily fail dot co dot uk!
pankkake: why is that news? I thought it was a common occurence
nubbins`: anyway, the bounty grows in value with each passing day -- you don't see that with fiat
pankkake: it's not white, it's black with white skin
mircea_popescu: "When I bent down and kissed him I got a better look at his features and could see he looked just like me and Arlette. He has my nose and my wife’s lips."
mircea_popescu: that's so crazy. they both have exactly the same noses and lips, those two people.
pankkake: there's a game, but I can't find it, where you have to say if the person is korean, japanese, or chinese
nubbins`: lel, "or try 'LALAPALOOZA' on them! that's a panic!"
nubbins`: pankkake: koreans and japanese are more similar in features as well as in the way their language sounds
pankkake: yeah. but now thanks to starcraft I can distinguish them
nubbins`: there was a starcraft tv station when i lived in sk :(
pankkake: a country that values video games players more than football players can't be that bad!
nubbins`: as a Foreigner (with a capital F), it was both good and bad
assbot: [HAVELOCK] [AM1] 1 @ 0.71 BTC [-]
nubbins`: overall i appreciated the experience, wouldn't do it again
assbot: [MPEX] [S.MPOE] 7100 @ 0.00087636 = 6.2222 BTC [+]
assbot: [HAVELOCK] [B] [XBOND] 390 @ 0.00108654 = 0.4238 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.7333 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.7345 = 1.469 BTC [+]
assbot: [HAVELOCK] [AM100] 19 @ 0.0069501 = 0.1321 BTC [+]
assbot: [HAVELOCK] [AM100] 693 @ 0.00695002 = 4.8164 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 2 @ 0.73449 = 1.469 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.7345 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 996 @ 0.002098 = 2.0896 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 0.205 BTC [+]
assbot: [HAVELOCK] [AM100] 46 @ 0.00645435 = 0.2969 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 8900 @ 0.00086992 = 7.7423 BTC [-]
ozbot: Double Robotics - Telepresence Robot for Telecommuters
pankkake: that has to be the most impolite thing ever
assbot: [HAVELOCK] [NEOBEE] 54 @ 0.002006 = 0.1083 BTC [-]
zist: MP: are you planning on stalking your inlaws with it ??
mircea_popescu: i suppose it's all lost by now, but at a time in human history before computers,
mircea_popescu: the one joke in most ample common use was the evil of the mother in law
mircea_popescu: and how she visits uninvited and inserts herself in the ribcage of her son in law and so on
zist: mircea_popescu: ::)
mircea_popescu: seems likely. i was thinking "well maybe they rebranded it and took more investment"
assbot: [HAVELOCK] [CBTC] 1485 @ 0.00011102 = 0.1649 BTC [+] {3}
assbot: [HAVELOCK] [B] [XBOND] 164 @ 0.00108599 = 0.1781 BTC [+]
assbot: [HAVELOCK] [AM1] 6 @ 0.7345 = 4.407 BTC [+]
assbot: [MPEX] [S.MPOE] 6722 @ 0.00086929 = 5.8434 BTC [-] {3}
assbot: [HAVELOCK] [HIM] 3 @ 0.04802759 = 0.1441 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEE] 585 @ 0.0019894 = 1.1638 BTC [-] {5}
assbot: [HAVELOCK] [NEOBEE] 125 @ 0.0018 = 0.225 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 4495 @ 0.00087076 = 3.9141 BTC [+] {2}
assbot: [HAVELOCK] [B] [XBOND] 130 @ 0.00108599 = 0.1412 BTC [+]
lyspooner: when were all those puts purchased on mpex
lyspooner: are you making prices still? looks n/a to me
ozbot: #bitcoin-assets log
assbot: [HAVELOCK] [B] [XBOND] 157 @ 0.00108599 = 0.1705 BTC [+]
gribble: MtGox BTCUSD ticker | Best bid: 332.43999, Best ask: 332.49, Bid-ask spread: 0.05001, Last trade: 332.5, 24 hour volume: 78706.08840971, 24 hour low: 290.0, 24 hour high: 383.0, 24 hour vwap: 328.91239
gribble: Current Blocks: 268908 | Current Difficulty: 5.109297380161518E8 | Next Difficulty At Block: 270143 | Next Difficulty In: 1235 blocks | Next Difficulty In About: 1 week, 0 days, 2 hours, 20 minutes, and 41 seconds | Next Difficulty Estimate: 542730094.758 | Estimated Percent Change: 6.22402
mod6: weird, bitcoincharts.com seems to work ok for me?
mod6: oh and btw, eulora v0.0.3 worked & started up fine for me on linux... but the server wasn't up. but as far as the package... it unpacked and started up no problem.
mircea_popescu: the server's been having some choking issues so it's been up and down the past few days
mod6: mircea_popescu: cool! thx.
assbot: [HAVELOCK] [AM1] 2 @ 0.712 = 1.424 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.70600001 BTC [-]
assbot: [HAVELOCK] [AM1] 22 @ 0.70098817 = 15.4217 BTC [-] {5}
ozbot: British intelligence reportedly intercepted LinkedIn and Slashdot traffic to plant malware | The Ver
assbot: [HAVELOCK] [AM1] 11 @ 0.6900909 = 7.591 BTC [-] {3}
jurov: mpex db_dump back online, hopefully won't be ever needed
mod6: werd. thx for the update jurov
assbot: [HAVELOCK] [B] [XBOND] 3405 @ 0.00105067 = 3.5775 BTC [-] {14}
assbot: [MPEX] [S.MPOE] 14020 @ 0.00087345 = 12.2458 BTC [+]