davout
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1davout
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January 27, 2014, 12:18:50 PM |
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Explain to me why the fee to keep people out was only 200 usd a year ago?
Because you weren't there yet.
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2014, 12:34:16 PM |
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Total evaluation: 1,000,000btc vs 37,000btc Profit split: 85% goes to owner 15% to investors vs 10% owner and 90% investors
I hope you are trolling hard right now; S.MPOE is a stock, and all the profits go to shareholders, there is no cut, while JD takes a cut on profits*. You also cannot really compare an evaluation to a bankroll. However I do like the new title. It's funny and a better criticism too. Blog fees: 0.01btc vs 0btc PR fees: 12btc vs 0btc
You have 5 free credits per week (or is it month?) so there aren't enough stocks to need it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) PR fees are taken from the profits, that is redundant. Why focus on this expense in particular? * Which isn't bad; since expenses are not taken off investor profits, the site needs some form of income. I was under the impression that the ~85% of s.mpoe shares which are held by mr popescu are receiving dividends. Are you saying they are not? Also how is the 12btc/month for pr trolling not coming from investors profits?
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2014, 01:04:02 PM |
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I was under the impression that the ~85% of s.mpoe shares which are held by mr popescu are receiving dividends. Of course they receive dividends. My point is that there is no special treatment like you want to imply. Is it surprising that the creator of a business owns most of it? Also how is the 12btc/month for pr trolling not coming from investors profits?
Sigh. I wrote "PR fees are taken from the profits". I never implied special treatment. It is a fact that the owner of this gambling site receives 85% of profits due to an arbitrary number of shares he holds. This isn't finance/investing its a joke..
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enderbender
Newbie
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Activity: 32
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January 27, 2014, 02:16:25 PM |
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evaluation? lol.
mpex be the most abstract snare in bitcoin
but i'm grateful, if you dunno how to hold onto a bitcoin, jus leggo already
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BitHub
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2014, 02:39:41 PM |
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someone has to pay for MP's sex change to complete his transition to become mpoe-pr and play out this sick fantasy he has dreamed up all in his head.
It aint cheap.
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kakobrekla
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2014, 09:28:06 PM |
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I think you guys are right, its already crashing hard. It will be over by tomorrow. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZD3zIw5.png&t=665&c=5wBamDXb-s9y7w)
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Peter Lambert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2014, 10:01:42 PM |
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I think you guys are right, its already crashing hard. It will be over by tomorrow. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZD3zIw5.png&t=665&c=5wBamDXb-s9y7w) Looks like if the trend holds we should see negative prices on S.MPOE by the end of the week!
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us
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Duffer1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 12:54:56 AM |
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Explain to me why the fee to keep people out was only 200 usd a year ago?
For the same reason the amount Mircea pays MPOE-PR is the same amount today as last year: the value of the service is still worth x amount of BTC. The forum needs people to give them a large dose of: "you're doing it wrong, don't be an idiot, you're going to lose all your money." Invaluable advice for those that pay attention (and don't want to lose all their BTC).
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 10:13:40 AM |
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Explain to me why the fee to keep people out was only 200 usd a year ago?
For the same reason the amount Mircea pays MPOE-PR is the same amount today as last year: the value of the service is still worth x amount of BTC. The forum needs people to give them a large dose of: "you're doing it wrong, don't be an idiot, you're going to lose all your money." Invaluable advice for those that pay attention (and don't want to lose all their BTC). The constant btc rate is more likely to create the delusion that mpex can scale with the rapidly increasing value of btc. You are right about mircea giving invaluable advice. The advice is that if you think your going to make it rich gambling with options then you deserve to lose at least 30btc and/or all you can afford to give away to mr. p. However I believe you are under the impression that his incoherent and deceptive blog posts have anything to do with the educating. I guess it does in a way since it allows mircea to find everyone stupid enough to fork over 30btc to gamble in a casino where the odds are greatly stacked against you no matter what you do unless your mr. popescu. And its not hard to be right every once in a while when you call every project a scam in a market with 95% scams. It certainly doesn't take 12btc per month to do that, especially when we have pankakke.
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rini17
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January 28, 2014, 10:19:30 AM |
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And as I said before using a broker is like using another service. You are not avoiding the mandatory 30btc reg fee by paying some guy who has already paid that fee a slightly lower fee so he can buy shares for you.
You can continue to hurl insults and state how misinformed I am in every post but its not going to do anything besides waste time.
30BTC on CoinBr.com would pay you (if used half by half) 65 years of monthly fees + 750 withdrawals. I don't see how you can call that "slightly lower".... if you don' like people to call you misinformed, then don't try to scandalize a perfectly reasonable business.
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 10:24:32 AM Last edit: January 28, 2014, 10:37:10 AM by jimmothy |
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And as I said before using a broker is like using another service. You are not avoiding the mandatory 30btc reg fee by paying some guy who has already paid that fee a slightly lower fee so he can buy shares for you.
You can continue to hurl insults and state how misinformed I am in every post but its not going to do anything besides waste time.
30BTC on CoinBr.com would pay you (if used half by half) 65 years of monthly fees + 750 withdrawals. I don't see how you can call that "slightly lower".... if you don' like people to call you misinformed, then don't try to scandalize a perfectly reasonable business. Using a broker as I said is basically the same as using a separate service. Last I checked mpex.co wasn't a perfectly reasonable business. From what I've gathered it is a casino disguised as a stock exchange with ridiculous fees and a scammy business model.
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Sydboy
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January 28, 2014, 10:32:00 AM |
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I thought I read it will cost around $30,000 to sign up ? I could not of. Surely the 30BTC is a mis-print that has never been fixed. ? People have paid? In todays rates ?
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bitpop
Legendary
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Activity: 2912
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January 28, 2014, 10:33:19 AM |
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I thought I read it will cost around $30,000 to sign up ? I could not of. Surely the 30BTC is a mis-print that has never been fixed. ? People have paid? In todays rates ?
They still do..
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 10:35:56 AM |
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I thought I read it costs $30,000 depends on the price of course, to sign up ? Surely the 30BTC is a mis-print that has never been fixed. ? People have paid? In todays rates ?
30btc fee has not changed and no plans to change it. According to mr p. is likely to increase in the future. And yes apparently they made 820 btc from new users alone last quarter (out of 920btc total revenue)
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bitpop
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January 28, 2014, 11:31:33 AM |
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Scientology is dead on.
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 11:52:38 AM |
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And its not hard to be right every once in a while when you call every project a scam in a market with 95% scams. It certainly doesn't take 12btc per month to do that, especially when we have pankakke.
This is a fallacy. The scams and failures haven't been all denounced - there are so many- and it has been explained why they are scams or why they will be a failure. Moreover, so far it's not being right "once in a while" but all the fucking time. You're not the only retard with that fallacy, sadly; I get that one all the time. In the end, PIF prevails. But after not understanding finance, it's not surprising you don't understand statistics as well. if you don' like people to call you misinformed, then don't try to scandalize
Pretty much. Your whole communication here is based on facts that are wrong and easily verified; you're undermining your case. The best arguments against MPEx and its securities on this thread are from people who disagree with you; crazy. The one not understanding statistics is you. I understand that 95% of the "projects" on this forum are scams. Mpex included. What you don't understand is that when you bet scam with a 95% chance with a scam you will probably be right. You and Mr P do nothing besides cry scam every chance you get. You are confusing finance with the wacky bullshit mr popescu invents.
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MPOE-PR
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 12:44:58 PM |
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Not if you want to sell it for bitcoins..
Fun fact: asicminer with 200k btc dividends past year is evaluated at 200k btc
mpex.co with 14k in dividends is valued at 1,000k btc
How can a dying company which has less than 1/10th asicminers profits be worth more than 5 times asicminer.
Does that make it 50 times more expensive than asicminer based on dividends alone?
Do you honestly think mpoe will pay out a significant percentage of share price in dividends over the next year or two? My guess is it doesn't even pay out 1% (or 10k btc) in the next year.
Who knows maybe some extremely rich idiots will join and blow a few thousand btc gambling. Doubt it though since the increasing cost of joining is going to exclude potential customers (idiots) from joining.
You're too new to be aware of most of the basic facts of the matter, such as the basic fact that MPEx was here before Asicminer, and is still here (showing gains, apparently?!) as Asicminer is vanishing into thin air (not least because of their own poor management skills). There's a lot more stuff you just don't know about, is all.
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jimmothy (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 01:03:06 PM |
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Not if you want to sell it for bitcoins..
Fun fact: asicminer with 200k btc dividends past year is evaluated at 200k btc
mpex.co with 14k in dividends is valued at 1,000k btc
How can a dying company which has less than 1/10th asicminers profits be worth more than 5 times asicminer.
Does that make it 50 times more expensive than asicminer based on dividends alone?
Do you honestly think mpoe will pay out a significant percentage of share price in dividends over the next year or two? My guess is it doesn't even pay out 1% (or 10k btc) in the next year.
Who knows maybe some extremely rich idiots will join and blow a few thousand btc gambling. Doubt it though since the increasing cost of joining is going to exclude potential customers (idiots) from joining.
You're too new to be aware of most of the basic facts of the matter, such as the basic fact that MPEx was here before Asicminer, and is still here (showing gains, apparently?!) as Asicminer is vanishing into thin air (not least because of their own poor management skills). There's a lot more stuff you just don't know about, is all. Somehow a steady decrease in dividends equates to showing gains? And being around a whole a year before asicminer makes you a much more mature company. Somehow paying out 5 times ipo in dividends counts as a failure? Is there more stuff I don't know about? I presume you and the all mighty mr popescu know about everything so maybe you could enlighten us simple minded folk. Its not exactly fair to compare mpex to a real company like asicminer just because you made a few thousand btc from gamblers the past year.
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Peter Lambert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 03:06:27 PM |
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You're too new to be aware of most of the basic facts of the matter, such as the basic fact that MPEx was here before Asicminer, and is still here (showing gains, apparently?!) as Asicminer is vanishing into thin air (not least because of their own poor management skills). Somehow a steady decrease in dividends equates to showing gains? And being around a whole a year before asicminer makes you a much more mature company. Somehow paying out 5 times ipo in dividends counts as a failure? Its not exactly fair to compare mpex to a real company like asicminer just because you made a few thousand btc from gamblers the past year. Look at the prices of the shares: MPOE has consistently gone up, Asicminer went into a huge bubble and is almost down to its IPO price, losing about 90% off its high. In bitcoinland, lasting one year is significant. Asicminer was not a failure for people who bought at the IPO price, but what about people who bought when the price was above 5 btc per share? Which is a real company? Which one is run by an anonymous internet persona who sometimes deigns to communicate and which is run by a person who states their identity and signs it with a gpg signature to prove it and gives monthly financial reports signed by that same gpg signature? Which has a potential for growth in the future and which is withering away?
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us
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FPCN
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2014, 03:13:59 PM |
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And it made it even without any basic css work, amazing.
The Bitbet site is elegant, obviously they have css knowledge.
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