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awsome garr! so far even with delays bfl keeps producing more and more to show people. looking forward. |
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Or if you hold shares in LTC-GLOBAL  The poll was supposed to be only for YABMC holders.  wow. you expect people to trust you as an exchange operator and pull underhanded sleezy actions like this to get what you want? if yabmc holders are using the forums they would be reading the yabmc far more than your thread. the only thing you stand to gain from mentioning it here was to hope that any btct/ltg/pt shareholders who did not know would go push there personal goals onto yabmc holders effecting them. bold it underline it whatever. its still obvious to anyone who looks. jwu said himself that he didnt mind a poll since only yabmc holders and a few random visitors viewed teh thread and you went to send an would be army of your supportors. didnt another exchange operator use underhanded tactics to try to sway the outcome of votes and also failed before? well we saw what came of that kind of person. wonder what you wold do to your actual users or how you would 'use' the voting on your system. its all anon anyways. who would know... another trust -1. starting to predict a future scammer tag. |
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just curious how their red line effects the mining stocks being more or less reasonably set by the market and how they prevent/expose/cull ponzi's, etc. on other markets.
Well that is an interesting question. I don't think most MPEX account holders would be investing substantially in GLBSE trash. Let me ask a related question though, is the limited number of quality red line companies coupled with increasing buyer demand causing excessive valuations in existing MPEX securities? OR are they actually undervalued, as the demand curve appears to also be following the red line? we should prolly move this to a side thread. i diverged way off topic with this. sorry. |
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i am curious though how mpex has killed off the stupid bullshit prices of mining 'stocks' 'bonds' whatever you wanna callem It has to do with the direction of the exponential. In the real world, when people buy stocks, they try to buy ones where the exponent is positive r = A*exp(x/t), like the red line. But mining is intrinsically a negative exponent process r = A*exp((1-x)/t), like the blue line. So MPEX is winning because they carry red line companies, not blue line companies. Also, no ponzi.  definitely. Since we've (MPEx, that is) killed off that stupid bullshit prices are actually being more or less reasonably set by the market, whatever that means in BTC.
just curious how their red line effects the mining stocks being more or less reasonably set by the market and how they prevent/expose/cull ponzi's, etc. on other markets. |
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lol, agreed on all of the above.
apparently its becoming quite common for asset issuers to use varying methods to pump their share prices far far beyond reasonable earnings. its all fine for now. until the day that something clicks somewhere, and the price drops like a rock leaving a lot of people with near worthless crap. well.. except the issuers hehe they make out like a bandit in the meantime. but thats okay, everyone accepts it, and just hopes they are not the ones left holding the bag at the end.
No, actually, it used to be the case that asset issuers pumped their bullshit far beyond what was reasonable, back when all you muppets had GLBSE to dick around on, and Nefario was "someone with his level of trust in the community". Since we've (MPEx, that is) killed off that stupid bullshit prices are actually being more or less reasonably set by the market, whatever that means in BTC. Huge effort is being put specifically into removing market inefficiencies and making prices reflective of underlying economic reality, the recent S.BBET IPO being an excellent case study for this. Obviously you don't think so, but the reason you don't think so is that you are excluded from price formation. The reason you are excluded from price formation isn't something external to you however. It is purely internal, to wit, the fact that you are worthless as a human being, have no point in this world and your opinions do not matter. I hope you've enjoyed the 15 minutes while it lasted, because they ain't never coming back. Now let me hear the whine chorus. Reality is so very very mean and unfair. When you're done with that take a week to stfu and read this daily. you are correct. I simply failed at expressing sarcasm. mebbe should have wrote 'i guess its okay *eyeroll*' also if you are being defensive of mpex and teeth at throat thinking i ment mpex assets, i was not referencing any mpex stocks. do you consider them pumped and fitting that description or just too used to defending them from other people? i imagine its prolly the latter. offtopic - i am curious though how mpex has killed off the stupid bullshit prices of mining 'stocks' 'bonds' whatever you wanna callem when mpex primarily has its own asset, two gambling assets, and hosting company, and no miners? again, nothing aginst the type/quality/number of assets on mpex, just comparing types.. are you meaning overall btc price adjustments? i think the impressive pricing for stocks issued on mpex have done some pretty neat things esp. for each other, just not sure how it effects other types of 'assets' on other markets. not trying to be rude, just want your thoughts on it in a conversely manner. |
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Too cheap? What if it's absurdly overpriced? 1) Can it be overpriced because this guy in a funny hat and a mask can close it down with a flip of switch when he gets his first phone call from a 3 letter agency and is asked to close down his illegal gambling site? 2) Can it be overpriced because it trades at 7+ PE? (over 7 times the annual earnings per share) and has no valuable assets (actually I have not seen the balance sheet. Have you?) 3) has no unique business model, that can not be copied with few programmers and mediocre web designer? (Why have I not copied this low-life business and launched my own gambling site? I consider gambling as a really disgusting business and I honestly do not give a flying fuck if you disagree.  4) or is it because sdice can spin coin from IPO on sdice to make it look way better than it actually is? (This is a small price to pay if it helps to sell out it's final 6+ mil shares but becomes unnecessary when the IPO is sold out) <- pure speculation, do not get hysterical! 5) ... PS! btcbids, your phobia of capital letters and "enter" key in not as cute as you think. Maybe you can skip the spacing between the words too, thiswillmakeyourpostsevenmore"fun"toread. LOL lol, agreed on all of the above. apparently its becoming quite common for asset issuers to use varying methods to pump their share prices far far beyond reasonable earnings. its all fine for now. until the day that something clicks somewhere, and the price drops like a rock leaving a lot of people with near worthless crap. well.. except the issuers hehe they make out like a bandit in the meantime. but thats okay, everyone accepts it, and just hopes they are not the ones left holding the bag at the end. |
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I was originally dead set against bitfunder, and planned to claim my shares at btct. the more I see look at each one, i see that btct is a bunch of drama.
all over the place people using it to post msgs against each other, vote each other. first I was checking the website alot, to see what was there. then as things grew, so did the drama, I got tired of trying to use the votes as a usefull reference. almost all traded assets have some kind of negative mark, mud slung in their face, and its like getting opinionated scammer votes to me. at least on the forums before someone or something is branded ppl cant just throw numbers on their profile and leave them there for everyone to see regardless of what its for. i saw bakewell move from btct to bitfunder, and if it was for the votes as a reason, i can understand pushing to do it without shareholder concent. do i agree with his holdingshares thing no? but even he has picked up and walked away from the drama even if he had to take a rep. hit to do it and has not even fought with anyone over it to try to be very adult about it, he let people say what they wanted, and that was that. that was a big price to pay i think for doing it, but people did not dump his asset. i held off on claiming my shares of gsdpt until recently to see how things turned out, and honestly, the only thing I coudl say about bitfunder in the mean time is that while I was not happy to setup with weexchange at first, it's actually pretty nice and very happy with it. i had a simple question, nothing urgent and posted a support ticket on bitfunder and had a response pretty quickly. the irc was nice to be able to just join for a few minutes and talk to people about things. and during all the drama.. all I saw on bitfunder, was focused growth. not only was it adding features people had requested, but i noticed that they were also adding features that were being requested of btct as they were being requested, and even without the drama, never made a big thing about out. things like the the dividend reinvest, and listing if the assets can increase shares on their own, or move with or without votes. I finally made my decision. it was pretty clear. i have quite a few share of sdice via gsdpt, erik is a great guy and very respectable. I have no problems paying terra for all the time and effort he is putting in to make sure i got my shares and dividends that was not an expected party of his duties and now balancing books for two exchanges. he has a proven track record as being someone trustworthy. i would rather pay a little to know I am in good hands, then go with some unknown or pay a bunch of money to trade on a place that has a few stocks and possibly higher chance of insulting me then helping me if i say the worng thing. also I am a buyer. i dont generally sell unles its a great deal. with bitfunder, i have paid almost nothiing to buy thousands of shares to earn divs off of since i only have to pay if and when i sell. I love the price being lower on bitfunder, I have bought quite a few shares at excellent price, it just adds as another reason why i have enjoyed it since. and i can actually say that for once in a long time now i have enjoyed playing with btc and assets again. interactive graphs are fun to zoom in and get details, the data tables are nice and dont just cut off with limits or span the entire page with all of my history. why are the shares so cheap? it could be any number of the things listed above. terras cut, bitfunder ppl selling off,dont think so because its more buys than sells,so it is not ppl who do not like bitfunder. i dont care, its a good and more fair price to me. also the best thing is that if ihave enough shares and wanted to go direct to mpex i think terra would doa transfer for me at no cost. isnt that the point? buy low in bulk, sell high in bulk, win!
Eh, I know there was confusion. I had to deal with the confused users personally. Your post is really hard to read, and not particularly on topic. Happy to discuss in another thread if you'd like. Cheers. nice comback.  topic is why shares are so cheap. a. people have said things like confusion over which to choose. two buttons. btct and bitfunder. thats not very hard. if they are that confused get off the internet. confusion of why they have to go to one of the sites to pick the other? provided with the instructions. are you confused? my reasoning that it is probably not confusion of site. in the end, what does that even have to do with the price??? off topic ? i accidentally chose the wrong exchange! oh noes! i had better sell and sell CHEAP!... stop taking shots. you look like an ass. b. people say there was a mass liquidation coinbr charts compared to trade prices are within reason. c. people have stated due to wanting to simply liquidate and choosing bitfunder over btct either way, the shares would have just been liquidated on either exchange, and they would not have cared. dont you wish you had set it up? probably would not worried about confusion for bitfunder users. d. my personal experience with the gsdpt shares, choosing an exchange, my trading, and the price it is effecting directly. and my opinion of why more people have chosen bitfunder of btct. if you are unhappy that people are telling their opinions and experiences of your site outside of your thread where it is relevant and afraid other people will see it, then it is your problem. you do seem to however like take any shot you can get at others in their threads. ^^^ btw, that is still ontopic, as an ongoing reasoning on why i chose my shares on bitfunder, and many others in regards to the confusion which is probably really just you confused why more people are not choosing btct. in fact, thats a response to you comment to the topic. was this an easier read? |
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I guess it's because the asset claim page both for btct and bitfunder is on bitfunder. So everyone who wanted to liquidate quickly just stayed on bitfunder and drove the price down.
if you look at the trade history, it was almost all buys, not sells and at that time reasonable prices. no big liquidation evident. if they did, they did not change the price compared to the coinbr prices at the time. |
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and yet, over on BitFunder the g.sdice stock has had much much more volume traded, 10's of thousands of shares traded vs the 61 gsdpt that have moved over at btct.co
looking through the trade history it seems to be mostly big buys, people taking advantage of the good deals.
I think GSDPT has ~7k shares total on btct.co right now. I guess it's because the asset claim page both for btct and bitfunder is on bitfunder. So everyone who wanted to liquidate quickly just stayed on bitfunder and drove the price down.
Yeah, there was some confusion as to how to claim shares on btct.co, where you had to go to bitfunder, claim the shares, then request they actually go to btct.co. I think we'll probably see another GSDPT import here before too long. When I looked at it, it was very clear to me. No confusion at all. I did not have to singup with bitfunder to be able to claim my shares on btct and had the option. i am told that there were almost or over 100 shareholders to track, and can understand why terra did not want to try to manually track everything with a high risks of errors. no one has complained about not getting their shares or divs due at either location. since my original plan was to claim on btct, i was glad that he went through the trouble to allow to use both than tell us where we have to go by his decision or by other shareholders votes. you state that there was confusion on how to claim where there was not. he posted on the forums, he sent emails, and bitfunder sent emails to claim explaining everything very clearly. okay it seems like I have not been clear enough. If you have not visited https://bitfunder.com/claimGSDPT and claimed your shares then you are not on my list for your shares to be claimed at any exchange.  *waits expectantly* Oh crazy, I didn't realize Ukyo set that up. Pretty cool actually, but I get now why some ppl are confused. Not really intuitive to go to one exchange to claim shares on another. Thank you Carnth, an image is truly worth 1k words here. I was originally dead set against bitfunder, and planned to claim my shares at btct. the more I see look at each one, i see that btct is a bunch of drama. all over the place people using it to post msgs against each other, vote each other. first I was checking the website alot, to see what was there. then as things grew, so did the drama, I got tired of trying to use the votes as a usefull reference. almost all traded assets have some kind of negative mark, mud slung in their face, and its like getting opinionated scammer votes to me. at least on the forums before someone or something is branded ppl cant just throw numbers on their profile and leave them there for everyone to see regardless of what its for. i saw bakewell move from btct to bitfunder, and if it was for the votes as a reason, i can understand pushing to do it without shareholder concent. do i agree with his holdingshares thing no? but even he has picked up and walked away from the drama even if he had to take a rep. hit to do it and has not even fought with anyone over it to try to be very adult about it, he let people say what they wanted, and that was that. that was a big price to pay i think for doing it, but people did not dump his asset. i held off on claiming my shares of gsdpt until recently to see how things turned out, and honestly, the only thing I coudl say about bitfunder in the mean time is that while I was not happy to setup with weexchange at first, it's actually pretty nice and very happy with it. i had a simple question, nothing urgent and posted a support ticket on bitfunder and had a response pretty quickly. the irc was nice to be able to just join for a few minutes and talk to people about things. and during all the drama.. all I saw on bitfunder, was focused growth. not only was it adding features people had requested, but i noticed that they were also adding features that were being requested of btct as they were being requested, and even without the drama, never made a big thing about out. things like the the dividend reinvest, and listing if the assets can increase shares on their own, or move with or without votes. I finally made my decision. it was pretty clear. i have quite a few share of sdice via gsdpt, erik is a great guy and very respectable. I have no problems paying terra for all the time and effort he is putting in to make sure i got my shares and dividends that was not an expected party of his duties and now balancing books for two exchanges. he has a proven track record as being someone trustworthy. i would rather pay a little to know I am in good hands, then go with some unknown or pay a bunch of money to trade on a place that has a few stocks and possibly higher chance of insulting me then helping me if i say the worng thing. also I am a buyer. i dont generally sell unles its a great deal. with bitfunder, i have paid almost nothiing to buy thousands of shares to earn divs off of since i only have to pay if and when i sell. I love the price being lower on bitfunder, I have bought quite a few shares at excellent price, it just adds as another reason why i have enjoyed it since. and i can actually say that for once in a long time now i have enjoyed playing with btc and assets again. interactive graphs are fun to zoom in and get details, the data tables are nice and dont just cut off with limits or span the entire page with all of my history. why are the shares so cheap? it could be any number of the things listed above. terras cut, bitfunder ppl selling off,dont think so because its more buys than sells,so it is not ppl who do not like bitfunder. i dont care, its a good and more fair price to me. also the best thing is that if ihave enough shares and wanted to go direct to mpex i think terra would doa transfer for me at no cost. isnt that the point? buy low in bulk, sell high in bulk, win! |
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I was on IRC back in December in #bitcoin-assets, and had missed the following conversation. [17:18] <burnside> nah, honestly, I went into this just wanting to code a cool site and sell it. [17:18] * Ukto poke pokes [17:18] <burnside> nobody bought, and I had already coded it. [17:18] <burnside> now I have to run it. [17:19] <Ukto> lol [17:19] <Ukto> noithing like taking on another project you didnt want [17:19] <Ukto> the css updates were nice tho [17:19] <burnside> I have to grow it to where someone else thinks it's worth taking over. [17:19] <Ukto> well, just keep selling your shares at 200l each, and youll get there [17:19] <kakobrekla> i hope people are aware of that [17:19] <burnside> I was surprised how easy css3 makes it... it's been a while since I've done html/css stuff. [17:20] <Ukto> kakobrekla: whats that? [17:20] <kakobrekla> 02:17.13 ( burnside ) I have to grow it to where someone else thinks it's worth taking over. [17:20] <kakobrekla> that [17:20] <Ukto> oh [17:20] <burnside> I've been clear in many threads across many posts that we're looking for large investors to become involved. [17:21] <burnside> investors outside the US that are willing to do the AML share registration and be corporate officers, etc. [17:21] <kakobrekla> and [17:21] <kakobrekla> 02:16.28 ( burnside ) nah, honestly, I went into this just wanting to code a cool site and sell it. [17:21] <kakobrekla> that [17:21] <burnside> yup, one leads into the other. [17:21] <burnside> think for a second about how I get from (A) to (B) [17:22] <burnside> (A) get investors, let them do the business pieces. (B) I get to be the programmer and do the part that is fun for me. [17:22] <Ukto> did you skip A ? [17:22] <Ukto> and endup at C? [17:23] <burnside> I did.  [17:23] <Ukto> er D? none of the above. lol [17:23] <burnside> I did my part (B), and (A) never showed. [17:23] <burnside> lol [17:23] <Ukto> well, at least you got someone in belize to act as a local director [17:23] <assbot> [MPEX] [S.MPOE] 9061 @ 0.00057483 = 5.2085 BTC [ + ] [17:23] <assbot> [MPEX] [S.MPOE] 11418 @ 0.00057489 = 6.5641 BTC [ + ] [17:23] <burnside> I'll keep doing my bit, and hopefully (A) will show. I mean to keep asking you about this on IRC but never saw you again so I ask here Can you put something in the terms about what any new owners could or could not do to us as users and issuers in the future? Like GLBSE suddenly wanted AML information. I am kind of worried that like other things, someone might come along and do who knows what with the systems, and get stuck under someone elses mess just because they bought the system out. What if they buy and then hire lawyers who tell them they have to stop everything as is and people must follow new rules or cannot have shares of users assets? This is something that could happen maybe sooner than later since the goal is to sell off. Maybe provide some guarantee or assurances of things that new owners would not be able to do to users or assets and the steps you would take to protect the users, and the assets? LTC-GLOBAL the owner of btct: I see there are 10,000 shares oustanding, and more have been slowly creeping for sale at higher prices over time. Would you disclose how many shares you own? the company? And plans for the company to sell off shares? Did the company award all the shares to you in compensation for time and out of pocket expenses? Right now its valued around 300LTC per share or 3000000 LTC. [about $218,685.00 USD from btc-e at the moment] The last div payout, one of the highest LTC-GLOBAL has seen was 0.03451ltc per share for about 8days thats 1/10000th of the new price which is just trending upwards due what looks like a trickle release of shares, and a demand that you seem to have created by pushing that people buy the shares at this raising price to be more of a service to help the site. it is a good way to increase share price tho .It seems that LTC-GLOBAL is more selling people the ability to vote on assets on two systems to increase its share value, rather than having the companies value itself be based on what it is actually worth. First off, and key for everyone to keep in mind, is that the asset issuers and shareholders of the various assets on the exchange are in good shape no matter what happens to the exchange. Bakewell's transition proves that the safeguards built in work, and work well. For the shareholders in LTC-GLOBAL the goal is to protect everyone by spreading ownership out a bit. With the Belize registration, (and as Ukto pointed out on IRC at one point) even with us having hired a corporate director and corporate secretary it is difficult to argue that I am not calling the shots from the US, when I am still the majority shareholder. Thus I want to keep some stake in it all long-term, but I really do want (even need) this to be a community-owned, community-operated project. I am not going to sell it off for any less than I think it is worth, which in my mind is a pretty good amount. (now supported by the market valuation) It has taken countless hours to program, roll out, and support. (and my wife hates me for it, heh.) But I would love to see 3-4 people with 20% or higher to register their shares in Belize (requires regular AML type docs) and work together. I did indeed try to shop the LTC-GLOBAL code around prior to releasing BTC-TC. I wanted to operate LTC-GLOBAL and let someone else operate a BTC denominated version of the site. A couple of people PM'd but if I remember right I was asking ~$20k and no one wanted to do it. My current ownership is still north of 90%. Regarding the share pricing, I sold most of what is in the wild at 25 LTC. Since then you are correct that I have rarely sold from my pool of shares, and thus the price is higher than if I just dumped them. I suspect this is normal behavior for anyone owning shares in a company. (see S.Dice) Thus the price you see is what the market believes they are worth. I agree that the market valuation is very forward-looking, but I also believe that if we succeed with my goal of a large community operated project, that the valuation is probably fair. Cheers. you rarely sale? are not selling off shares currently? letting the price work itself up over demand to be able to vote with the less than 1000 shares you do not own no plans to publicly sell and stagger any more shares to the community like s.dice? only people who pay extreme prices for the ability to vote get to vote? If not then is that community supportive? rich people get to be voters. |
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I was on IRC back in December in #bitcoin-assets, and had missed the following conversation. [17:18] <burnside> nah, honestly, I went into this just wanting to code a cool site and sell it. [17:18] * Ukto poke pokes [17:18] <burnside> nobody bought, and I had already coded it. [17:18] <burnside> now I have to run it. [17:19] <Ukto> lol [17:19] <Ukto> noithing like taking on another project you didnt want [17:19] <Ukto> the css updates were nice tho [17:19] <burnside> I have to grow it to where someone else thinks it's worth taking over. [17:19] <Ukto> well, just keep selling your shares at 200l each, and youll get there [17:19] <kakobrekla> i hope people are aware of that [17:19] <burnside> I was surprised how easy css3 makes it... it's been a while since I've done html/css stuff. [17:20] <Ukto> kakobrekla: whats that? [17:20] <kakobrekla> 02:17.13 ( burnside ) I have to grow it to where someone else thinks it's worth taking over. [17:20] <kakobrekla> that [17:20] <Ukto> oh [17:20] <burnside> I've been clear in many threads across many posts that we're looking for large investors to become involved. [17:21] <burnside> investors outside the US that are willing to do the AML share registration and be corporate officers, etc. [17:21] <kakobrekla> and [17:21] <kakobrekla> 02:16.28 ( burnside ) nah, honestly, I went into this just wanting to code a cool site and sell it. [17:21] <kakobrekla> that [17:21] <burnside> yup, one leads into the other. [17:21] <burnside> think for a second about how I get from (A) to (B) [17:22] <burnside> (A) get investors, let them do the business pieces. (B) I get to be the programmer and do the part that is fun for me. [17:22] <Ukto> did you skip A ? [17:22] <Ukto> and endup at C? [17:23] <burnside> I did. [17:23] <Ukto> er D? none of the above. lol [17:23] <burnside> I did my part (B), and (A) never showed. [17:23] <burnside> lol [17:23] <Ukto> well, at least you got someone in belize to act as a local director [17:23] <assbot> [MPEX] [S.MPOE] 9061 @ 0.00057483 = 5.2085 BTC [ + ] [17:23] <assbot> [MPEX] [S.MPOE] 11418 @ 0.00057489 = 6.5641 BTC [ + ] [17:23] <burnside> I'll keep doing my bit, and hopefully (A) will show. I mean to keep asking you about this on IRC but never saw you again so I ask here Can you put something in the terms about what any new owners could or could not do to us as users and issuers in the future? Like GLBSE suddenly wanted AML information. I am kind of worried that like other things, someone might come along and do who knows what with the systems, and get stuck under someone elses mess just because they bought the system out. What if they buy and then hire lawyers who tell them they have to stop everything as is and people must follow new rules or cannot have shares of users assets? This is something that could happen maybe sooner than later since the goal is to sell off. Maybe provide some guarantee or assurances of things that new owners would not be able to do to users or assets and the steps you would take to protect the users, and the assets? LTC-GLOBAL the owner of btct: I see there are 10,000 shares oustanding, and more have been slowly creeping for sale at higher prices over time. Would you disclose how many shares you own? the company? And plans for the company to sell off shares? Did the company award all the shares to you in compensation for time and out of pocket expenses? Right now its valued around 300LTC per share or 3000000 LTC. [about $218,685.00 USD from btc-e at the moment] The last div payout, one of the highest LTC-GLOBAL has seen was 0.03451ltc per share for about 8days thats 1/10000th of the new price which is just trending upwards due what looks like a trickle release of shares, and a demand that you seem to have created by pushing that people buy the shares at this raising price to be more of a service to help the site. it is a good way to increase share price tho .It seems that LTC-GLOBAL is more selling people the ability to vote on assets on two systems to increase its share value, rather than having the companies value itself be based on what it is actually worth. |
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+1 - Nothing to see here - move along |
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5 MSI twin frozen 6950s - $175 each
Thanks,
gigavps
heh man know a few ppl looking i'll pass the word on um "twin Forza" maybe ? frozen doesn't give the right impression all the best  |
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looking nice |
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this week has been awesome at Ozcoinas shown by Luckand Payout-Comparisonafter a long unlucky run on proportional moving to DGM 8 days ago has also been a winner |
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