I'm bored. Can we keep this one going a little longer please?  So with the price of 0.001 btc/share and 1 billion shares that is a total price of 1000000 btc. With a profit of 136.5 btc for the month of December, extrapolated to 12 months (yes I know I could go back and add up all the profits for the last year, but that would give a different number) gives an annual earnings of 1638 btc. So the current P/E is 1000000/1638 for a P/E of 610.5. Typical P/E values for companies listed on fiat based exchanges are in the order of about 5 to 20. Does it make sense for S.MPOE to have such a high P/E as compared to other types of stocks? Maybe a more representative number www.btcalpha.com/mpex/stocks/s-mpoe/Okay, they get 125 for the P/E. That is still extremely high. |
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I would have added a secession amendment to the bill of rights.
"The right to secede from the union shall be preserved for all states and persons."
This is an interesting idea. The Constitution has a mechanism for adding states, but it does not have any mechanism for removing states. Either something has to change or eventually the whole world will be part of the US (would that be a bad thing? Sometimes I think some problems would be solved if the US were to annex Mexico?). Looking back at history, the Civil War could have been avoided along with all its bloodshed and destruction if Lincoln had been more open-minded about secession. The Confederacy would eventually have changed its tune on slavery because of cultural pressure or violent revolt of the downtrodden majority, and the Southern States would have rejoined the Union. I think it comes down to the basic human right to change deplorable conditions. If you are unhappy about your leaders, you can speak out and try to change it (first amendment), leave it, or fight it (second amendment). Leave it is a peaceful alternative when peaceful change is futile. You can leave by moving out of the country, but are you allowed to leave the country by declaring the area in which you live no longer part of the country? |
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I'm bored. Can we keep this one going a little longer please? So with the price of 0.001 btc/share and 1 billion shares that is a total price of 1000000 btc. With a profit of 136.5 btc for the month of December, extrapolated to 12 months (yes I know I could go back and add up all the profits for the last year, but that would give a different number) gives an annual earnings of 1638 btc. So the current P/E is 1000000/1638 for a P/E of 610.5. Typical P/E values for companies listed on fiat based exchanges are in the order of about 5 to 20. Does it make sense for S.MPOE to have such a high P/E as compared to other types of stocks? |
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I would have added a secession amendment to the bill of rights.
"The right to secede from the union shall be preserved for all states and persons."
This is an interesting idea. The Constitution has a mechanism for adding states, but it does not have any mechanism for removing states. Either something has to change or eventually the whole world will be part of the US (would that be a bad thing? Sometimes I think some problems would be solved if the US were to annex Mexico?). Looking back at history, the Civil War could have been avoided along with all its bloodshed and destruction if Lincoln had been more open-minded about secession. The Confederacy would eventually have changed its tune on slavery because of cultural pressure or violent revolt of the downtrodden majority, and the Southern States would have rejoined the Union. |
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If I have all my Bitcoin on my QT application on my laptop, and find myself out somewhere only with my iPhone, exactly how do I send BTC to someone using my iPhone?
You can't. Unless you have a way to log into your home computer from your phone? Maybe you should look into blockchain.info, I think you can access them from a smartphone? Get an android phone instead of an iPhone, then you would have a lot more options, like using Electrum. |
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Term limits for ALL elected officials, 8 years then goodbye. Or how about, "if an immediate family member has been president, then you are excluded from running" sorry Clintons and Bush's that's called a dynasty and should not be an option.
Here in Michigan we added term limits for our state legislature. It did not seem to make things much better. Two things happen: the experienced legislators are forced out, so there are lots of rookie mistakes (like when they passed a law which they thought would force the governor to do something, but she signed it and then pointed out that she could interpret what they wrote to let her do what she wanted instead), and you get "dynasties" which take over districts. My parents' state representative has been somebody with the same last name for decades (not as long as there has been a John Dingle in congress, but you would have to back to 1933 for that) First there was Sal, then his wife Sue was elected, then their son Tory was elected. But Dynasties form even without having relatives taking over the office. When one person is term-limited out, they just have their favorite staffer run for the job and they keep all the same policies and such. Look at how many of the top officers are retained from one president to the next, even if Bush II had not been Bush I's son, they had people like Cheny connecting the administrations. |
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Why would you want to get rid of the 17th admendment? Instead of having the people of a state elect their representative, you want to go back to having the politicians pick? This is a horrible idea. ... It is clear that the founders’ intent was to always have the states be more powerful than the federal government, which is why the states ratified the Constitution, giving the federal government the authority only to do what they felt was necessary. The 17th amendment does a lot to reverse this. ... So why did they pass the 17th amendment and change the way senators are elected? It must not have been working the way it was before, right? Well, the problem that they tried to solve with the 17th amendment was that of frequent deadlocks that occurred in the state legislatures when trying to select a senator. When this occurred, that particular state would go without representation in the Senate. But why did these deadlocks occur? Thomas Dilorenzo notes: …in 1866 a new federal law was passed that mandated for the first time how the states were to appoint senators. First, a voice vote would be taken in each house. If there was no overwhelming choice, then a concurrent vote would be taken. This process revealed information about voting preferences to minority cliques within the legislatures, who then knew who they had to support or oppose. The end result was frequent gridlocks (71 from 1885 to 1912 alone). The deadlocks were inevitably ended by bribery. So, rather than try to change the way the legislatures selected senators, they threw the federalist system out with the bath water, and took away the power from the states completely. This is a big reason why the federal government has been able to get away with so much. The states are no longer in control. The federal government continues to grow and ignore the Constitution with no one to answer to. If we are to reverse this, one of the first things that must be done is the repeal of the 17th amendment. But the 17th amendment does not give power to the Federal government, it gives power to the states. The States in this case being the individual people in those states, rather than the government of the states. So from a libertarian perspective this was a good amendment since it gives more power to individuals rather than corrupt governments. |
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Why would you want to get rid of the 17th admendment? Instead of having the people of a state elect their representative, you want to go back to having the politicians pick? This is a horrible idea. |
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Have a new item added - Put the people before big corporations, and abolish the federal reserve.
Putting people first before corporations is a nice thing to say, but what could you do to make that happen? What changes would you want to make to the way things are run that would result in that goal being met? |
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I would get rid of the electoral college. Just have a popular vote for president.
The electoral college is a thing of beauty. Otherwise cali and ny would pick the president every election. Think of the electoral college as the World Series. You have 50 contests instead of 7. Each contest though is still weighted by the number of people in each state. Remove the states from the idea; just let every American individual have an equal vote on who the president will be. Not every New Yorker and Californian is going to be the same fellow. I take it you don't know the difference betwee a democracy and a republic. Popular vote is just majority rules and majority rule is just two wolves and a sheep voting on what to eat for dinner. There is a big difference between direct democracy and a popularly elected president. A popular vote for president still keeps the republic. For governor we do not elect delegates by county, we have a state-wide popular vote. Why should the national election be any different? On another note, I think the budget should be balanced, but I do not think we need an amendment for that, we just need to have the congress agree to not pass any budget which is not balanced. |
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FUNDING NEEDED ASAP - $100MM Valuation - Equity and board of directors positions availableI want to create an app ... I need an android developer, a name and marketing guy. Client will be modified mycellium app and merchants will be given a url when they register. We can pipe directly into bitpay if needed. We will charge a 0.5% fee. I will have this live within 3 months after getting funding. There has never been 1 click shopping like this. Now who wants to join me? https://bitcointalk.org/index.php?topic=422829.0 Is this a joke or are you serious? You want to find an android developer to write the program for you, and a marketing guy to sell it for you ... what will you be doing? You want to raise 100000 bitcoins to do what exactly? What do you need the money for? Where did you come up with such a high number? Who are you, and why should we trust you with our money? |
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The more you learn about mr p and his scheme the more you realize what an embarrassment he is.
Pankakke you are embarrasing yourself defending a scammer.
Man some psychopathic shit goes down on irc. It's like the channel is tainted with virtual acid. Pirate40 hung out with him to so did Matthew Wright
Bahahaha, the shit people can come up with, omg. When will bitcointalk start charging for such comedy, quality material should not be free. Oh look, a bitbet shill ! Are you a shill if you are promoting your own company? I thought a shill was somebody who pretends to be an unbiased outsider? |
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I would get rid of the electoral college. Just have a popular vote for president.
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If that happens on a regularly basis I might switch to "mine" addresses by creating new ones until I get one of those "forever lost" coins.
I've thought about that - I believe generating batches of keys and scanning the blockchain for keys with a balance is going to be prohibitively expensive. As in, not entirely unlike the lottery of running a solo cpu miner, but with vastly more variance in the payoff. If you solo mine with a cpu you might get a block within 200 years which contains a few bitcoins plus transaction fees. If you generate keys of addresses and check to see if they hold anything, you might get a hit within 500000 years worth a few millibits or microbits. |
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Wow, 20k bitcoin donation, that is pretty generous ... wait a minute ... the article title is actually $20k bitcoins, that is still pretty generous but much less extraordinary. |
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So... anybody know why S.MPOE just jumped up 20% today? Was there some big news that I missed?
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I'm pretty sure this is the official bitcoin forum so most probably under bitcoin.org  don't know why they moved it,though Bitcoin is open source, there is nothing official with bitcoin. The forum was moved off the bitcoin.org domain so that new people would not be confused an think there was anything official about this forum. We are just a bunch of people who like to talk about bitcoin, we do not represent anything official about bitcoin. |
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Do you suggest a better platform that doesn't have a ridiculous 50 BTC "buy-in"? Unfortunately, due to a few recent horror stories of fake companies scamming investors it is no longer accepted to sell shares outside of a service.
If you actually have something to offer, MPEx is your sole option atm. If you don't have something to offer, that's pretty much the end of that; you can work towards making your thing worthwhile, or else join the ranks of those who've tried to make it work somehow on any of the play pretend exchanges that have popped up and crumbled over the years. As you've noted, that doesn't turn out so well for anyone involved. See here. Don't forget that MPOE-PR is literally the paid PR wing for MPOE (MPEx). And as you bring it up - can you tell me which securities are currently listed on MPEx? Is loading a webpage too hard for you? mpex.co shows the stocks s.MPOE, s.BBET, s.MG, and s.NSA. So nothing worth investing in then. Havelock is where the future of bitcoin is being made - NEOBEE, SFI, CFIG. All interesting stuff. Have any of those three produced a financial report for investors? All the MPEx stocks have monthly reports, |
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Do you suggest a better platform that doesn't have a ridiculous 50 BTC "buy-in"? Unfortunately, due to a few recent horror stories of fake companies scamming investors it is no longer accepted to sell shares outside of a service.
If you actually have something to offer, MPEx is your sole option atm. If you don't have something to offer, that's pretty much the end of that; you can work towards making your thing worthwhile, or else join the ranks of those who've tried to make it work somehow on any of the play pretend exchanges that have popped up and crumbled over the years. As you've noted, that doesn't turn out so well for anyone involved. See here. Don't forget that MPOE-PR is literally the paid PR wing for MPOE (MPEx). And as you bring it up - can you tell me which securities are currently listed on MPEx? Is loading a webpage too hard for you? mpex.co shows the stocks s.MPOE, s.BBET, s.MG, and s.NSA. |
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Well, if you pick a bullshit degree to begin with, results may vary, obviously.
Do they do degrees in Bullshit? lol. Even degrees like Business Studies can be worth little. A lot of true entrepreneurs wont even have basic qualifications but do pretty fucking good for themselves. I could name you quite a lot of world famous business people who don't have qualifications or very little. I'd like to see some jumped up uni boy who thinks they know more about business than these people. The importance of university training depends on your field of study and desired employment. There are some fields where a degree is mandated by law (law, medicine). There are other fields where a degree is not so important if you are willing to put in the work, like entrepeneurial business or programming. I am in the chemistry field, the most efficient way to get the knowledge and experience you need to work as a chemist is to attend a university. You could spend the money to build yourself your own lab to learn chemistry and study out of textbooks, but it is simply much more cost effective to pay the tuition to get access to the university facilities. The company where I work, a while back (like, he retired decades ago) there was a man who started as a janitor and worked his way up to be the top research scientist, but that is very rare and would not even be possible with the company's current hiring standards. The only people who get hired as research scientists are people with PhDs in the relevant field, and for the core RnD group there is a list of 30 Universities which we hire from. If you got a PhD from a school that is not on the list, too bad, go do a post-doc and come back to us in a couple years. |
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