Its one thing you dont follow all the fine print of GAAP rules IFRS. GAAP is dying by 2016. |
|
|
|
|
Of course since the btc supply is inelastic there will still remain a potential for large variations due to mainstream/usd interest. Until at least 1/10th of people know about bitcoin you never know how fast the number of people that do know grows. Once it becomes a household name real stabilisation can begin.
|
|
|
|
|
rjk: Public domain works. Just as long as the rights don't end up with anyone likely to misuse them.
|
|
|
|
|
There's a web of trust thing that works by identifying to an IRC bot, then ratings can be entered. It's maybe better than trying to go through 60 pages of lists on the forum, especially because it handles the "I can't trust the trust of people I don't trust" issue automatically.
|
|
|
|
but he would be upset if they fell in value so to hedge against this he buys & deposits 127 BTC on Bitcoinica Better off buying options. At least those actually deliver, not to mention he doesn't need an account. |
|
|
|
Gotcha. The problem with capital in the bitcoin world is that...well... Let me explain by example. New mining company starts. Some cash is poured in. Some dividends are paid, 3, 5, 10% of the cash. Then the company disappears, two, six, twelve months down the road. While 3, 5, 10% returns are great for a year or less, 9x% losses on capital aren't so great. It makes sense then to retain as little capital as possible. With mining it's not really possible. With financials apparently it is. |
|
|
|
|
This is a wonderfully informative thread. Maybe there should be some sort of thread awards on the forum like wikipedia has?
|
|
|
|
|
Bitcoin is still a very inflationary currency, if you think about it. 50 BTC added every 4-500 seconds comes out, over 8 million total supply, well above even US inflation which is easily the most inflationary economy of the developed world atm.
This will change after the 2nd or maybe 3rd halving, when the built in inflation drops under 1%.
|
|
|
|
|
Yeah, ok. The terminology will take a little to catch up with bitcoin transactions in general, I'm sure.
So basically the conclusion is, you have a valid point but it's not really as much related to MPOE itself, moreover it's something that investors (bondholders) will have to address either together or individually.
|
|
|
|
|
The workings of MPOE stocks/bonds/options will probably go a long way towards stabilising the BTC price in USD.
|
|
|
|
Probably worth giving options a look. |
|
|
|
Where or how are big sales and buys conducted? Mostly in #bitcoin-otc afaik. |
|
|
|
|
Stocks having no nominal value have correspondingly no claim on the capital of MPOE (not that MPOE actually has any capital to begin with).
The idea to retain capital would work in the direction of capital formation within MPOE, which in the traditional approach to companies is the way things go, but MPOE is established as a capital-free venture. It makes little sense to breach this absolute just in order to establish a sort of bond insurance pool, as this isn't the core mission or even close to it.
|
|
|
|
This is only a guess, but I think that in the case of automated fast-acting arbitrage between two exchanges, one large and fast moving; and one small and slow then the result would not be price lags, but rather larger spreads on the smaller exchange. This is usually the case. |
|
|
|
|
Lmao Kludge for Bitcoin President.
|
|
|
|
I once complained regularly about early adopter unfairness, but now that prices have touched all the way down to $2 and stayed there long enough to be well within reach of anyone with vision, I don't think the complaint has merit anymore. Read "I've complained about it a lot before I was one of them, now that I am I see the wisdom of it". These complaints are bullshit. People wanting in can get in. People not getting in presumably did something better with their money and have no grounds to complain then. Unless they want to share with us that hamburger and fries they bought instead of buying bitcoins that is. |
|
|
|
Bitcoins at this point in time are risky to even own. They swing wildly from day to day. I could lend 5btc and in return get 4btc back if btc raises in value. I still do get a healthy return. Options are the answer of course. |
|
|
|
It doesnt matter if your losses due to downtime were offset by profits made hopping or from gpumax, it could be the other way as well, shareholders ought to know. Its not like Intel pays dividends based on theoretical costs and revenue with management pocketing (or paying out of pocket) the difference between theory and reality. The latter is what you do when running a proxy or pool as service to customers. Its not how you treat shareholders. This is a very solid point. My 2 cents. |
|
|
|
|
Show Posts
