...
He even rolled his eyes.
Not sure why. Shorters made out pretty good all year long, this week in particular [rolly eyes] *Oh, forgot that BTC is now worth $10K+ according to rpietila, sorry [more rolly eyes] The point is not whether he's correct or not, it's that apparently Parazyd thought he was changing his message. |
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Nobody seems to want to explain why transactions is growing too.
Ah, as was the case already with the tx growth in 2012, and further in 2013, don't you know it's all FAKE! It was fake then, and it is increasingly more fake now, and in 2015 it will be even more fake. That is the only likely and true explanation, and the only conclusion is to go short on BTC now.  Huh  He even rolled his eyes. |
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In gratitude to the Lord Baron Luigi for the great many efforts and attention to good record managements, for the extraordinary patience this requires, and as generally a pillar of the community of the Crypto Kingdom, please accept this token of appreciation and honor.
This gilded statue of a lion may adorn the Lucky Lion and perhaps even attract more commerce to that worthy location so close to our town's obelisk.
Gilded with 100 gold may it remind us and all who visit it there of the noble qualities of wisdom, strength, compassion and courage.
Lord Luigi is humbled by the Prince's most generous gift. The Lucky Lion has never looked so good! |
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Town Council announcement: Dividends on Gold
In accordance with the old Royal custom, the Royal Guard and the Constabulary of the Town are arranged in ranks in the Platform of the Royal Palace. The herald opens a scroll and cries:
"The town has reached its centennial goal and decided that, 70 years in advance compared to the rules, it will start to distribute monetary dividends to goldholders. The dividends will be distributed every 7th year, which will be called Sabbatical.
1/3 of the town surplus will be distributed to goldholders, 1/2 will be deposited in the Development Fund, and 1/6 will stay for the next Sabbatical round. All income will be treated equally regardless of source, except if the Town sells bonds, those proceeds will be 100% deposited to the Development Fund, to ensure that borrowed money is not distributed as dividends. (400 years into the future, a certain Charles Ponzi developed such a scheme but we do not admire his construction.)
The scroll is rolled back, and all the crowds stand silent, until a rolling applause starts from the Noble hearers, and spreads like a wildfire to everyone. It seems like the sun has risen and has no plan to set.
And no less than 9,900 gold has been scooped up since this announcement! Regarding LL stock market making, today's shares have been purchased by the Earl of North Face.I will making more available in the future, but will be travelling IRL tomorrow, so it may be delayed. |
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... I'm trying to figure out how introducing of shorting have changed the Bitcoin market. My guess is that leveraged trading should decrease amplitude of bubbles to the proportion of average leverage. So if most traders would go short/long 20:1,  then bubbles will be 20 times smaller. IMO if most traders would go 20:1 leveraged, most traders would go bankrupt and then price would collapse. Money doesn't disappear. All the time. |
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Services pool complete rehaul
We have received information that due to the modular nature of the coming online version, it is easy to implement the long-awaited change of having many service pools for different services. This will mean that all services currently offered by the Lots (for services, as well as servants, are tied to Lots) are listed and thoroughly analysed. After the chance, updating the parameters will be easy and they will instantly affect the distribution. Also upon the change of ownership of a Lot, the services and servants will move automatically.
Roopatra is in charge of the job, and is accepting tips, so we will start by giving 25 million from the royal coffers towards the endeavour. (If others show their goodness of heart also, Roopatra please do the transactions unless the donator otherwise indicates.) This donation is paid.
Excellent! Lord Luigi would like to donate 15 million to the Baroness. |
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Man, why have I waited so long to begin following this thread?
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Announcements:
The 2nd lot of 100 shares of LL stock is now available. Price is 1.4m moneritos each, minimum 10 share purchase.
_____________________________________________________________________
The Luigi/Jacket Quarry corporation also has a new offering for shareholders.
Every shareholder of 5 or more shares is eligible to purchase up to 50% of the quarry's current stone holdings per day on a 1st come, first served basis (larger holders get precedence in a tie) for a discounted rate, as follows:
5+ shares: Dealership buy price + 5% (this number may be revised based on Dealership buy/sell spread)
25+ shares: Dealership buy price
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Lord Luigi has begun making markets for Lucky Lion corporation stock (currently has 26,800% in services pool).
He estimates assets as follows:
8q choice land in 1-C-F7 = 800m
4q choice land in 1-E-E25 = 400m
Lucky Lion Building on F7 = 800m
Lucky Lion Culture Tower on E25 = 350m
150 shares stock in the Luigi/Jacket Quarry = 150m
Miscellaneous: ~90m moneritos cash, 200g = 110m
Total = 2,600,000,000+ moneritos
Lord Luigi currently owns 2,000 shares in the Lucky Lion. He is offering the first 100 shares for sale at 1.3m each, or just under face value of the above items!
Dividend policy? Market making? Future plans? (We are very pleased that this corporation is becoming public, and welcome the "competition" with Grand Hotel and other great corporations.) I will likely confer with any shareholders what they would prefer for dividends, if any. I am making markets in the corp tab. Little is planned at the moment; however, that is something we may need to have a shareholder meeting about. |
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Lord Luigi has begun making markets for Lucky Lion corporation stock (currently has 26,800% in services pool).
He estimates assets as follows:
8q choice land in 1-C-F7 = 800m
4q choice land in 1-E-E25 = 400m
Lucky Lion Building on F7 = 800m
Lucky Lion Culture Tower on E25 = 350m
150 shares stock in the Luigi/Jacket Quarry = 150m
Miscellaneous: ~90m moneritos cash, 200g = 110m
Total = 2,600,000,000+ moneritos
Lord Luigi currently owns 2,000 shares in the Lucky Lion. He is offering the first 100 shares for sale at 1.3m each, or just under face value of the above items!
Edit: the first 100 shares are gone! Stay tuned.
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anybody knows what happen with cheaplin?
I think there are only two possibilities why he went awol I'm hoping he was recruited by SHIELD, not HYDRA. Hail HYDRA. |
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Still relatively confident that Bitcoin will remain above 1 billion market cap.
What do you guys think? Is 1 billion market cap going to hold? Well it's not particularly close at hand; I'd be confident as well. |
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Our stone quarry is now offering stone to its shareholders at Lord Luigi's Stone Market Buy price.
If anyone is looking for a quick (though small) profit, the Lucky Lion corp is willing to buy up to 30 shares at 1,100,100 each (10% profit).
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Lord Luigi (via Lucky Lion Corp) and Earl Jacket have opened a quarry.
There are 500 shares total, and presently 200 are up for grabs (offered by the Quarry itself, so new share purchases = new capital for the Quarry, not for the current owners).
100 shares left! Dear Lord Luigi, Please appoint another 5 shares for me, to have my vast wealth (debt, ahem) evenly distributed on the offered corporations! Thanks ^_^ Done. Only 20 shares left! Edit: 5 shares left in IPO. Edit2: Lord Luigi has purchased the remaining 5 shares. IPO is finished! |
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Lord Luigi (via Lucky Lion Corp) and Earl Jacket have opened a quarry.
There are 500 shares total, and presently 200 are up for grabs (offered by the Quarry itself, so new share purchases = new capital for the Quarry, not for the current owners).
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we just hit over 1400 MN's - lets get to 1500 by christmas!! I've had at least one hundred ready to go live for a while now, but am traveling until Sunday, I'll be importing the priv keys & firing them up on Monday if all goes to plan   LOL, funny Who's that actor, he looks familiar but I can't place him? Channing Tatum |
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Town Council Elections
The turbulent times seem to be behind us (for a while, at least). The rules mandate that since the amount of gold in the Kingdom recently exceeded 600,000 pieces, we should be having a Town Council of 4 members.
The player wishes can better be taken into account if the Town Council is functioning. Also the interaction between the King and Town Council presents interesting situations. Making the Town profitable is the aim of the age of Mercantilism (the remaining part of the Ancient era), and many people can better think how to accomplish the goal.
Therefore we call the elections, hoping that a consensus of the Councillors could be formed among the major stake(gold)holders. Although the royal stash of gold is so large that it might be possible to reserve 2 seats out of 4, we do not seek such an outcome. We are interested in continuing as Mayor, though, for the practical reasons until the aim of profitability is achieved. This means that 3 Councillors are sought, and we remind that the Town Council is the place where the rules of the game are decided, for even greater success of the game. So please give this opportunity a thought, whether it is your own or somebody else's candidacy that you want to support with your voice and gold.
Can we nominate others for election, or do they have to specifically express interest? |
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Any ideas why finex wants 9 confirmations to deposit DRK? Hope when InstantX comes out they will accept instant deposits lol
It's a sign not to send your DRK to an exchange I need to sell some high and buy back lower to get my next node. I hope that is a good excuse lulz. You essentially want to try trading what has been a very flat range at best utter boredom. Ballsy. |
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@thelonecrouton tell us the truth, that's not your real mugshot, is it?  Hey, I'm pretty from the neck down.  HAHAHAHA You look manly. |
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@thelonecrouton tell us the truth, that's not your real mugshot, is it? |
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