Why oh why were you people still using this thing after he broke into his own exchange last year and cleaned it out, then waited until you people propped it up again just so he could do the same thing another time?
Because he had a really cool hat. Also because they're idiots, but then again they don't like being called that. So I'm going with the funny hat. |
|
|
|
Ianov FARSACIU,
<lies and misrepresentations>
Thank you. 1. Myself is a self-confessed liar. If what he's saying now is true then he lied previously when claiming everything was honest on the site - and generally acted in a deceptive manner for months, only blowing the whistle when he got cut out from the take. So we have to decide whether he lied then, now or both times. And we can't take his word for it - so we lack evidence to reach any conclusion.
The correct construction on the events isn't that we lack evidence to reach any conclusion, it's that we have sufficient and concrete evidence to support the worst possible conclusion for all the people involved. Not only is this the logically correct approach but it also disincentivizes scammer behavior such as displayed by ALL the people involved with this site, starting with Devasini and van der Velde (yes, it IS wrong to bankroll scams, and no you will never get away with it) while providing no actual detriment to serious, honest entrepreneurs, making it also the ethically correct approach. 2. Scrooge not responding is
He did, above. Doubt anyone gives a shit about the falling out over the detail of a contract which had no specified duration.
Well, we did have some lolz over reading the purported "contract". And now to address Raphael Nicolle's retarded bullshit: They came in April, a month during which we lost quite some money with the Big Crash. So at the end of the month, we agreed to cover all losses, if we were to be associates. You refused it, and stated that you only want to share profit and will never take any losses.
there was never money put in that was not going to be paid. If our associates which you met, and you now how wealthy they are, weren't there, there would be no more Bitfinex. They allow us to pass a hard time of 5 figures losses, and now be strong as we are.
MPOE-R you still don't get how Bitfinex matches user position with real funds of lenders and doesn't act as a bucket shop, and it's a shame from you.
Problem solved. They're both liars, they're both very bad at it. They're both idiots, the sort that pretend to be "entrepreneurs" on rich people's money. They're both very bad at it. Attention Bitcoin wanna-be investors: You are not losing your shirt "because Bitcoin". You are losing your shirt because of your own stupidity, dealing with chumps such as these two. The longer you keep at it, the lower your chances overall. Business, that means war. |
|
|
|
someone ban this fool off the forum plz....
evan by scammer and stupid noob standards this guys takes the biscuit
Evan, I hope you're not talking about that kind of biscuit. ... can you be more retarded than this?
A) You're looking at an old escrow contract format.
B) I did not send this directly to you.
C) That's not my signature, for God's sake.
I'm PM-ing theymos for his take here.
edit: Also, I'm not dealing with any altcoin escrows for now - too much potential to scam unless I hold both sides of the coin.
That made me chuckle. So, Bitcoin old time folk that kept insisting we must bring Bitcoin to the masses, that Bitcoin's future depends on mass adoption and all that jazz: this is it. This is "the masses". Are you happy now? |
|
|
|
Let's see here. I meant who is the IPO's owner and do they have an account on the forums here on bitcointalk if their primary language of communication is English and how will they reply to our questions in English Italian French Chinese etc
If you mean MP, no he doesn't have a forum account. You can probably chat him up on irc. He's fluent in English and a few other languages (perhaps not Chinese). He also keeps a blog, which mostly gets English posts these days (but a lot of articles in Romanian). I'm the designated forum PR person, which is why that first link in my signature is there. |
|
|
|
That is pretty cool and all, but sorry to say that doesn't make your account much more valuable, what would make it more valuable is popularity, for eg I offered Goat 200x your offer for his account as he is well-known, respected & trusted in the community. Your account is not as well-known.
Ahahaha is this goat's sock? |
|
|
|
How much do people get for submitting bet proposals? Maybe increasing that would encourage a higher number of proposed bets? Hmm, maybe I should go submit some stuff ...
Spending a bit of money on advertising might be a good idea too.
All submitted bets get a pool of no less than 0.1 BTC split between yes and no, courtesy of BitBet. The submitter gets the lower of these. So basically if the longshot wins the submitter makes w/e based on that, statistically should come out to about five bux per submitted bet which is obscenely generous already. |
|
|
|
I understand the need for stock photos, but you shouldn't be stealing them, ya know.  That part isn't hopefully regulated yet. |
|
|
|
That's before hiring any, without any results yet, which might make it a bit more difficult convincing them to work on this project. Now I am a tech guy myself, and I see the humour and partial truth in this and can put it into context. However, you might have blown up some bridges already to hire the developers you need.
I hope I am wrong though, since again, I think this is exactly what we need to make the Bitcoin economy viable.
I'll settle for the bolded part. Here's the dilemma: if people don't know/don't care about that statement then you can hire them. If everybody knows and cares about what me/MP says then you can always find people to hire because you're the only thing so cool on the Internet that EVERYONE knows and cares what you say. Either way.... Are they going to focus on online gaming (Arcade Sites) PC Gaming (Actual unit's in stores) Something along the lines of a MMORPG (World of Warcraft), or is the type of gaming still uncertain.
The "boxed game" distribution model seems pretty much dead in the way the VHS tape is dead: nobody's arguing with the folk keeping their VHS collections around, but nobody is releasing anything on VHS anymore. On the practical side, looking at the marketplace it'd seem the item mall model is coming out victorious. You can't argue with the victor and so S.MG is open to having BTC-based item malls as a revenue model. On the theoretical side, looking at the strengths of BTC and so forth it'd seem RCE is the best fit. S.MG will try to promote that within reason. Also Does the IPO member have a bitcointalk account to answer shareholder/potential stakeholders questions?
(If there primary language is not English, do they have an account in a subforum in another language and let us use translators instead) I have no idea what you mean by that? |
|
|
|
What are your thoughts about our venture?
Seems like this: CoinAngels is a group of entrepreneurs that has a website. I lol'd. |
|
|
|
They hold 1.4 million shares, so 1.4% indeed. Mpex 13 million? (minus havelock 1.4 = 11.6 million)?
Why minus? No minus. and I have every right to voice my (and others) oppions that it is so.
Every right to voice it, sure. No right whatsoever to expect your voicing has any value or any importance. No right whatsoever to expect any particular venue is interested in having your voicing. |
|
|
|
Good question I used the main ones on satoshidice statistics This Month is -0.04 APR I believe But the Current Yield is 17.47% at 0.2344 Based on past history for clarification Went a bit long on explanation so will also comment on something havelock related Thanks for the new order's adjusting automatically saves on some refreshing  There's actually a comparative piece published with tables and everything. |
|
|
|
Is S.MG going to focus on a certain niche of games (beyond using Bitcoin)?
Not so far. In general specialization occurs as a result of competitive pressures. There being no competition, specialization doesn't make sense at this point. Isn't this just another way of saying that there is no business plan whatsoever?
No. While I appreciate the stubborn display of "she couldn't possibly have meant to say we're not good enough", that's exactly what is being said: that there's no perceived benefit on MP's part of discussing the business plan here. You are cordially invited to open the eyes and ears and shut the mouth, basically. Take it as a learning experience, this is how things are done sort of thing. I wouldn't mind investing based solely on the reputation of a CEO, when said CEO is someone like Elon Musk (obviously that's what happening with SCTY and TSLA atm), or even friedcat (if we want to keep it at bitcoin level), but I don't think MP has this kind of reputation or track record yet. You may be entitled to your own opinions (maybe, if you prove you can form strings that aren't self contradictory), but you are certainly not entitled to your own facts. Perhaps if this venture does well on the middle to long run, and if he wants to start something else in a few years, the he could consider doing it this way, but right now, even the with the "relative" success of MPEX, it seems presumptuous. This misapprehension seems chiefly the result of you being new around here, and so your perspective is flattened on one end, the so called "more than 100 years ago" effect. There's nothing wrong with that: if you manage to survive in Bitcoin on the middle to long run your estimations of things will necessarily change to better align with reality. Which reality has this unspeakable way of being "presumptuous". |
|
|
|
May results: ***************** Operational results ***************** Received 68 new propositions, of which accepted 16 worth 422.56553095 BTC, rejected 52 i. Revenue : 6.70437137 BTC, of which : bets resolved : 3.74798271 BTC ii advertising : 0.1 BTC house bets won : 2.85634306 iiigracious donations to shareholders : 0.0000456 BTC ivExpenditure : 1.62041977 BTC, of which : referrals paid : 0.02041977 BTC house bets made : 1.60000000 BTC Profit : 5.0839516 BTC to be distributed as dividends. ***************** Miscellaneous *****************  ——— i. This is quite awful. One fifth of last month’s proposition volume, with acceptance rate going from one third to one quarter. People, wake up! There is exactly one way to make BTC on the strength of your wits rather than on the strength of your capital (be it mining gear or whatever). This is it. Graphs :  ii. 374.79813025 BTC total pool resolved this month. iii. 4.03000000 BTC worth of house bets were resolved in the current month. iv. Nice to see people are learning. Well done.
|
|
|
|
If MPOE-PR is involved in anything, I am staying the hell away.
I invest in people, not in ideas.
My involvement is basically posting here and trying to learn from them. Sorta just like you. I guess I'm the only "Bitcoin community" person in MPEx huh. |
|
|
|
Maybe you should look at the actual asset (the one on MPEx) instead of looking at the pass-throughs, which have much lower volumes.
Havelock SDICE Passthrough has same volume as MPEX SDICE, around 380,000/MPEX and 350,000/Havelock past 30 days Kind of an interesting phenomenon seeing how Havelock holds about 1% or something like that? |
|
|
|
Hm, maybe a differently worded question: Which kind of games shall this business produce? Gambling aka. games of luck? Games based on skill? Feeding alpacas on your little farm with carrots that you bought for Bitcoins in a microtransaction and posting every fart of said animals on Facebook, Twitter, Google+, Diaspora, the hidden wiki and Bitmessage?
I'm not sure the distinction you propose makes any sense. Is WoW a game of luck or a game of skill by your definition? Sure, skill plays some part, in that if you can't play you can't play. Discipline also plays a part, in the sense that if you spend 10x as long farming you can more or less do what other, more skilled people do anyway. Finally, luck certainly plays a part, as in you get whatever rare drops on the first try, other skilled people spend a year farming for. More importantly, why is it so important to establish conceptually what is or isn't a game? If people play it, that's all it takes (also known as the "I know it when I see it" legal standard). Just as a benchmark: Anyone raising more than 100k EUR in my country has to publish a prospectus (which is causing quite a few discussions atm. as businesses want to collect money without telling their investors what's going to happen with it) - your IPO is for ~1 million EUR and will even be considered failed if you "only" raise 100k EUR in BTC.
There is absolutely no EUR involved in S.MG so all this is about as relevant as the weather. Outlining the business plan and idea a bit more concretely is something that can be expected for these sums I guess.
From what I gather the thinking here is that nobody is ever convinced by more text. People go by the names involved, and possibly, sometimes, maybe, by a fifty word blurb. If that's not good enough then it's just not good enough; the asking for more text is basically an invitation to roleplay "Internet Businessmen, the MMO" on whatever forum. I don't think MP has any patience for that. Why the personal hatred towards MP? The MPOE stock seems to be doing just fine, I don't know where you get the idea that his "bazaar" is starting to collapse?
That little bit of wishful thinking "idea" has been hot since the days zhoutong wasn't even a thing yet. At least it's a stock that is not at the meta-level of bitcoin. Seriously, we need more of these than just yet another mining bond or exchange. Now if MP just wouldn't piss off developers on a regular basis I might invest For my curiosity, make a list of ten companies where management regularly pissed off developers versus ten companies where management regularly catered to developers and then compare their business results. I'll even contribute a starting name for each list: EA and 3D Realms (Apogee Software) respectively. |
|
|
|
Hey, $20 is $20 (whatever the are or pretend to be). But 0.20 BTC, now that is a lot for a stupid experiment...
I've heard of people putting their livelyhood into a stupid experiment.  Yes, it's called postgraduate research. |
|
|
|
Lol This thread has officially just became hilarious and off point.
This thread did not become hilarious, it was born hilarious. And if you have a hilarious thread you didn't build that hilarious thread. This thread also could not have become off point in the same way your weight couldn't be "off ideal". |
|
|
|
said some shit which I didnt read but I noticed there aren't any links in it
You didn't try to sabotage my business & ruin my thread by posting that link to the "so you think you know how to run a bitcoin business" thread like you do on the thread of every financial Bitcoin business. Is it because my business isn't in direct competition with yours? No, it's because I made a prediction regarding your reading ability. |
|
|
|
|
This "idea" is a great harbinger of things to come. We already have contentless forum posting, so the next step towards fully computer-generated nonsense is, I guess, "decentralized" forum posting, which probably starts with something like this.
|
|
|
|
|
Show Posts
