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So you are asking to borrow other peoples money so you can go gamble it away?
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Theymos, did you have previous knowledge of the action taken against Goat's assets (being kicked off the exchange) when you decided to sell?
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Now it looks like OBSI-HRPT is shutting down :/
How much of these funds were invested in OBSI.HRPT? |
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It looks like your HRPT is stuggling, will this have any affect on FutureFund?
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I tried checking out GLBSE to see if there were any non-mining (btc currency creation) or non-ponzi investments, but I couldn't find any and their site is slow. Care to link to any non-BTC non-ponzi businesses? Wallets are not businesses. Armory is an open source client. About the only legitimate business on there that isn't illegal in many countries is camgirls, which I'll give you half a point for. It was an existing site, not one that took any investment in BTC. And really, wikileaks? You think wikileaks is a BTC business let alone a business at all? What's the point in even talking to you?
Not sure what you mean by "non-BTC", but here are a few to start with: Check out FeedZeBirds, BitcoinTorrentz, Rugatu, IBB, SatoshiDice, bioethanol, and several assets backed by precious metals (this list is in no way supposed to be exhastive or reflect advise to buy any of these assets) |
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If dividend was reduced by 50%, why is anyone willing to pay more than 1/2 of the IPO price for this?
Was the risk reduced?
If last weekends dump of new shares failed (no buyers at that price), can you keep up the reduced div payments?
I think one of the most important question is: "Did the "debt collector business" paid you the weekly dividends or was it automatically reinvested into "building the location?"
Good point. Also, dividends are not everything, the total return is not good for people who bought at .105, since the share price is dropping. |
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You could look into some of these: GSDPT - Satoshi dice pass through, it is low risk to own the casino, high risk to play in it  BITCOINTORRENTZ - The perfect application for bitcoins: allowing downloads for people who need to get around firewalls or whatnot KRAKEN BDK.BND - will be closing (bought back) sometime in the next 6 months, but for now it gives a steady return SILVER, GOLD, RAREEARTH - bonds backed by precious metals (so if you believe what he is saying, this should be lower risk than just an unsecured bond) |
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At 0.5 % per day, this is still the highest dividends on the GLBSE.
Really? Take a look at BIF.1YR.LOAN, they provide 4%/wk, while OBSIHRPT provide (100.5%^7)-1 (3.553%/wk). Perhaps, the new "maybe ponzi" WIT offer 0.2~1.2%. But with the unknowns of HRPT which they may offer 0.2-0.5%, the price would likely to fluctuate greatly. Perhaps it's likely to go 0% in not a long time Take your own risk. Actually, the latest price is .085, so if you buy at that price you actually get 4.1% per week. I suppose I should have said "HRPT is still one of the highest dividends on the GLBSE." |
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Allowing people to place multiple bids with the same BTC results in lots of what I see as spam orders, it's happened every time I've allowed it.
What's wrong with spam orders? Just the graph? That's been useless forever. Other than spam orders that already mess up the graph, there's nothing wrong with them. They'll either get auto-removed or filled by a seller, which makes them real orders. Just think about what information all those orders are giving. Imagine I have 1 btc in my account. I go to my favorite asset and place 100 bids of 1 btc for that asset. Now when anybody looks at the order book they see that asset has 100 btc of liquidity at 1 btc. They then make decisions based on that information, perhaps they decide to buy some since the price has so much support. Then as soon as anybody sells one of those assets to me, even though I only spent 1 btc that 100 btc of support disappears. Essentially, it distorts the information available to the market, resulting in phantom support. |
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Sharecropping is one small step away from slavery. Your record for bottom-feeding scammery on this forum speaks for itself.
The farmer gets a percentage of the profits. That is about as much the opposite of slavery as it gets. How would you arrange things differently? |
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How can you not have the M1918 BAR on this list? And how can you lump the AK-74 with the AK-47 when they are totally different?
Initially I was going to have just a few options, but since we have been adding so many suggestions I will split the AK categories. If you voted AK47/AK74, please pick the appropriate option. |
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It would be nice if you included a quote so people would know who you are responding to.
First off, not any statement you dislike that happens to discuss your person is automatically an ad hominem attack. In this case, it was just stating a matter of fact.
You were stating an opinion, and the basis of your argument is "You're stupid", which is pretty much the definition of an ad hominem attack: an argument which does not address the argument but rather the person making it. Second off, you are ignorant enough to not have bothered to examine the income structure of MPEx/MPOE. In spite of the fact that it's freely available. Yet you discuss this. Why do you discuss things you haven't bothered to research? The account registering fees make up less than half the income of the past year. This alone reduces your poorly clobbered together "thought" to rubble, you're basically saying that someone's going to set fire to their house if their car breaks down.
MPEx charges a registration fee, do you deny this? GLBSE does not. Therefore, a higher percentage of the MPEx income comes from new sign-ups than the GLBSE (some is higher than none). Therefore, my statement was correct. Third off, you've been here since September 2011. MPOE has been trading options since August 2011. You've run out of intelligent things to say a while back and haven't shut up yet, why would MPOE be "abandoned"?
I have been here longer than that, I opened *this account* in September 2011. Fourthly, Mark Twain has plenty to do with idiots speaking "their mind"; he came up with the observation that in your case it's much better to stfu. If indeed you were teaching classes it'd be a sad comment on the state of that profession and an easy explanation as to why this forum is so completely filled with idiots.
Mark Twain said many things. It would have been nice if you had made some reference to the quote you were thinking of, which I am guessing is something like "It is better to keep your mouth shut and be thought a fool than to open it and prove you are a fool" (paraphrasing). Perhaps you should take that to heart and stop talking like an idiot, every time you open your mouth you turn more people away from you exchange. Finally, you are talking with offensive ignorance about the absolute and indisputable leader in BTC finance. The people everyone else copies, from Meni Rosenfeld to that Nefario joker. The people that made sense of asset contracts, the people that actually do reporting, the people that actually do security, pretty much the only people that do everything right in a "market" where everybody does everything consistently wrong. You are talking about the one exchange which has not yet had an asset turn sour, when the standard is more like " everything goes to shit". Very simply put, how dare you? Who are you? What have you done? HA! The leader of BTC finance? Nefario copies you? Who has been open longer? I am not claiming to be some super genius finance guy, but I am also not trying to sell a trading platform by insulting potential users. Also a tip: you might want to work on your search engine optimization. When I google "GLBSE", the first result is the GLBSE website. When I try MPOE or MPEX I don't even see you on the first page. |
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There are two ways liquidity could be improved, either Nefario gets it to work so people can place multiple bids with the same bitcoin, or people add more bitcoin and place more bids.
I often see great deals due to the low liquidity, the huge spreads on many assets. There are a couple assets I have been making like 5-10% per week buying and selling (but very low volumes), but I just don't have enough bitcoins to place bids on everything at once. There have been a few times somebody dumps shares and I say to myself I wish I had known they were going to sell, I would have bid much higher than they got.
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There are only so many people who want an account to trade with, once the signups slow down the chances go up that MPEx either abandons the project or runs with everybody's money. Actually on the strength of that stupidity chances are you're neither very smart nor very experienced. Why make a fool of yourself in a public forum? Did they discontinue Mark Twain in the junior high curricula? How about instead of resorting to ad hominem attack, you try to say something that makes sense? What was stupid about that statement? It seems pretty logical to me, perhaps it is just above your intellectual ability to understand? You know, for an account with "PR" in the name, you really have a hard time with public relations, you know, stuff like not insulting people. I have been around here alot longer than you, you don't want to mess with me. What does Mark Twain have to do with anything? The last few times I was in junior high I was teaching the classes, you could probably stand to learn something from a great writer like Mark Twain. |
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At 0.5 % per day, this is still the highest dividends on the GLBSE.
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I was being facetious of course. Its much better to invest in land than mining rigs since they depreciate massively whereas land does not most of the time. In our local area house prices double every 2 years I can imagine it doing that elsewhere.
I dont know how you could say that, it is patently absurd. I fell for the hype of the housing market, it was only going up, right? I bought a house in 2005, tried to sell it the past few years but nobody was even looking at it when it was listed at 30% of what I payed for it. |
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One thing I don't understand about this Glbse lending is if Bitcoins rise a higher % in value then your investment yields (which is more than odds on likely) surely you lose money? am I missing something or does it make absolutely no sense to lend from a deflationary currency to fiat?
How sure are you that the btc price will still rise? Btc is still a high risk investment, this allows diversification. If the btc price drops then this investment will still hold value. If you are so sure that btc prices will rise in the future, you should be putting every penny you have into bitcoin. |
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Mark security issuers Buy and Sell orders with a different color in the order book.
I also like to add this one: Make users bid/ask stand out from the order book (btc-e has it well implemented)Highlight users bid/ask in the order book (btc-e has it well implemented). I am going to bring this on up once more because we need more transparency to issuers actions and I think this is valuable for the investors too. I think this is a good idea. The user's own orders could be highlighted yellow (and maybe have a cancel option on the asset page, so we don't have to go back to the portfolio to cancel, and then back to the asset page to replace the order when moving the price). The asset issuer's orders could be highlighted orange or something like that. |
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I have been thinking about inflation and deflation. There are a few threads around about how deflation is bad for investing, and why would anybody make loans in a deflating economy. These concerns are only an issue in a massively deflating currency, a slowly deflating currency will not be horribly different that a slowly inflating currency.
The big difference between inflation and deflation, and why the value of bitcoins will stabilize, is that inflation can continue at an arbitrary rate forever, but deflation must slow dow. And when I say the value of bitcoins, I do not mean the USD/BTC exchange rate, I mean the purchasing power of bitcoins for real goods.
Inflation can continue at a steady rate forever because the value of each unit is getting smaller. So even though the percentage stays the same, the difference in value is decreasing over time.
Deflation cannot continue at a high rate because of the exponential nature of the increase. The bitcoin market cap is small right now, but if the value increases exponentially there will soon not be enough to spend the bitcoins on. As the value rises, people saving will be more and more tempted to spend their currency for goods or services. Any time money is taken out of savings and spent it will counteract deflation. Eventually an equilibrium will be reached. So even though bitcoins can continue deflating forever, the percentage of deflation will steadily decrease, and the value of the bitcoins will asymptotically approach some true value.
That is not to stay that the price of bitcoins will be unchanging, since the underlying fundementals (amount of users, proportion of saving and investing) will change and change the underlying value, and since USD is inflating the USD/BTC will generally rise over time. But the point is that as bitcoins mature the value will stabilize, and then investments made using bitcoin will make much more sense than in today's climate.
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I cannot think of an investment that would also gain value along with value gains of the currency itself. If you can think of one, please enlighten me.
I just gave you an example in the post above. Give a loan, get back a larger amount of currency at the end of the loan. |
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