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Topic: [Mpex.co] The Scientology of Bitcoin Finance? - page 2. (Read 27619 times)

sr. member
Activity: 378
Merit: 254
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But what does this have to do with the cult of mpex?

Other than it not being quite as lulzy as Havelock (which you kiss on at every opportunity), hopefully nothing.  I'm not concerned with MPEx -- those who can afford 30BTC door charge can take care of themselves.

*But congrats on getting your tree-fiddy 4 bux out of NeoBee.  How much did you put in, ~100?
legendary
Activity: 1372
Merit: 1008
1davout
I got my 0.01 btc investment out of neobee long ago.

The kind of money you forget in your pockets before it gets cleaned with the rest of the laundry hardly qualifies as "an investment".
hero member
Activity: 770
Merit: 509
and i think paying only 0,01 btc for accessing such paradoxal point of view to be quite cheap (instead of that free mainstream crap we got served all day anyway).

Even 1 satoshi is too much to veiw such absurd ramblings and manipulative articles.
hero member
Activity: 770
Merit: 509
http://trilema.com/2014/bitcoin-assets-m/
#bitcoin-assets is now a cult!

Assuming it wasn't already.

I am surprised mp didn't throw in a random 5 btc fee to join the chat room/cult. Seems like something he would do.

Lol, how are your "investments" on (and, i assume, in) Havelock doing?  Somethin' like this?




I got my 0.01 btc investment out of neobee long ago.

And I happen to agree with you that it is a shitty investment. And I was one of the first to say HIF was overvalued. (Still is)

But what does this have to do with the cult of mpex?
sr. member
Activity: 378
Merit: 254
http://trilema.com/2014/bitcoin-assets-m/
#bitcoin-assets is now a cult!

Assuming it wasn't already.

I am surprised mp didn't throw in a random 5 btc fee to join the chat room/cult. Seems like something he would do.

Lol, how are your "investments" on (and, i assume, in) Havelock doing?  Somethin' like this?


legendary
Activity: 1260
Merit: 1002
i do often find bitcoin-asset talks and Mp's blog cynically accurate.. the fun and boobs pics are kind of a cherry on top of that gigantic pile of shit our world is built on Smiley

and i think paying only 0,01 btc for accessing such paradoxal point of view to be quite cheap (instead of that free mainstream crap we got served all day anyway).

hero member
Activity: 770
Merit: 509
http://trilema.com/2014/bitcoin-assets-m/
#bitcoin-assets is now a cult!

Assuming it wasn't already.

I am surprised mp didn't throw in a random 5 btc fee to join the chat room/cult. Seems like something he would do.
sr. member
Activity: 298
Merit: 250
but really its hard not to make money in btc land, so many fools.

Spot-on.

If it wasn't for the fact that I have some integrity and respect for the law, I reckon I could easily launch a few fake companies in different areas of Bitcoin with wild crazy unproveable business plans and I'd bet that I'd get a load of Bitcoins raised from people who spent good money or time earning their coins, but are essentially willing to throw them in the general direction of anyone with a nice-sounding idea.....
hero member
Activity: 770
Merit: 509
Unrealized gains are very different from actual BTC on hand.

yup, anyone can make their own website and claim all sorts of unrealized gains when they are the ones reporting the price. (and odds are the only one buying and selling)  it is pretty lulz but if he can get away with it, why not?

It boggles my mind that people presumably trust mpex enough to fork over the minimum of 10btc.

The trading on mpex looks so unnatural its a joke.

It's almost as if mircea doesn't care that you know he is the only one trading/pumping his stock
hero member
Activity: 770
Merit: 509
For me as outsider it looks like jimmothy is a paid shill/troll from an competing Bitcoin investment plattform.
It's obvious he has vested intrest in the discussion and is not neutral.

Any guesses as to where he is coming from?


So I was thinking: It costs something like 25 btc to register an account on MPEx (assuming you get a referral, why wouldn't you?). It costs something like 1 btc per month to have an asset listed on Havelock (at least, that is what I remember from their IPO prospectus, correct me if I am wrong). So if a company expects to be in business more than 2 years (why would you list a company if you don't expect it to last that long?), it is actually a better deal to go the route of listing on MPEx than Havelock.

havelock only requires fees to list a security.

Mpex requires 30btc for anyone and 5btc back per person you recruit.

How can you compare the two?
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
For me as outsider it looks like jimmothy is a paid shill/troll from an competing Bitcoin investment plattform.
It's obvious he has vested intrest in the discussion and is not neutral.

Any guesses as to where he is coming from?


So I was thinking: It costs something like 25 btc to register an account on MPEx (assuming you get a referral, why wouldn't you?). It costs something like 1 btc per month to have an asset listed on Havelock (at least, that is what I remember from their IPO prospectus, correct me if I am wrong). So if a company expects to be in business more than 2 years (why would you list a company if you don't expect it to last that long?), it is actually a better deal to go the route of listing on MPEx than Havelock.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
For me as outsider it looks like jimmothy is a paid shill/troll from an competing Bitcoin investment plattform.
It's obvious he has vested intrest in the discussion and is not neutral.
full member
Activity: 227
Merit: 100
I have but one mouth,
quoth rabbi bin Popescu,
there-fore I must laugh
hero member
Activity: 756
Merit: 522
That's a shame because I love having a discussion with you. Why won't you take my bet so I can buy extra warm meals? Isn't gambling your thing?

Or are you not confident in your own ability to bring in any significant revenue.

"Gambling is my thing"? Dude, stop imagining everything you hear, see or read is coming from the same voices in your head.

While I get it may be hard for you, you have to somehow achieve this distinction, because as it stands your presumption is insulting to the few members of the general public that may come into contact with your broken, sorry ass. Like I dunno, social caseworkers, nightcourt judges, me....

You'll have to do it, irrespective of how inconvenient it may seem, because there can be no contest of convenience between these two: while your own head with its own productions is the epitome of impotence, we can hurt you. And we will hurt you. Very, very badly. Especially the cops, they're the worst. Well... at least if you're decerebrated enough that a baton up your ass is the only pain stimulus you respond to anymore.
hero member
Activity: 770
Merit: 509
I would make a bet using bitbet if they were any less of a scummy company. I love the site/ui/functionality but not a fan of the fine print bullshit like if you bet after a deadline the money is considered a donation. This is no way to run a business especially when you are using a currency that takes a long ass time to confirm sometimes.

I would bet 0.1btc asicminer pays more in divs the following year.

Not going to bet it collapses because I actually changed my mind on that statement. It may not collapse within that time frame but it will surely pay out embarrassingly small divs while nobody uses the useless service.

The only hope of mpex succeeding was with a steady flow of idiots willing to gamble huge sums with options but now that cant even happen.

Save your bitcents, buy yourself a warm meal, or a pair of shoes, or whatever. This discussion is over, random consumer scum do not get to opine on finance.

That's a shame because I love having a discussion with you. Why won't you take my bet so I can buy extra warm meals? Isn't gambling your thing?

Or are you not confident in your own ability to bring in any significant revenue.
hero member
Activity: 770
Merit: 509
Up on BitBet: http://bitbet.us/bet/784/s-mpoe-to-rise-above-0-001-before-july/, not quite the bet that MPEX is going to fail, but those who think it will fail can probably put some money on this.

There is also this bet: http://bitbet.us/bet/710/mpex-mkt-cap-over-2m-btc-in-first/.

I would love to make a bet but I don't use bitbet after learning about their bullshit policy.

If they chose to screw over customers by stealing late bets along with fine print bullshit then I wont give them my business.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Up on BitBet: http://bitbet.us/bet/784/s-mpoe-to-rise-above-0-001-before-july/, not quite the bet that MPEX is going to fail, but those who think it will fail can probably put some money on this.

There is also this bet: http://bitbet.us/bet/710/mpex-mkt-cap-over-2m-btc-in-first/.
hero member
Activity: 756
Merit: 522
I would make a bet using bitbet if they were any less of a scummy company. I love the site/ui/functionality but not a fan of the fine print bullshit like if you bet after a deadline the money is considered a donation. This is no way to run a business especially when you are using a currency that takes a long ass time to confirm sometimes.

I would bet 0.1btc asicminer pays more in divs the following year.

Not going to bet it collapses because I actually changed my mind on that statement. It may not collapse within that time frame but it will surely pay out embarrassingly small divs while nobody uses the useless service.

The only hope of mpex succeeding was with a steady flow of idiots willing to gamble huge sums with options but now that cant even happen.

Save your bitcents, buy yourself a warm meal, or a pair of shoes, or whatever. This discussion is over, random consumer scum do not get to opine on finance.
hero member
Activity: 770
Merit: 509

I would be willing to bet asicminer pays more in dividends than mpex does this year.

Go set it up on BitBet.

Where exactly has Satoshi Dice and Asicminer gone?

Satoshi Dice has delisted and thus has a market cap of 0. Asicminer is trading at about 2-300k BTC, which is nowhere near in range. Thus, gone, in the context we were discussing, which was MPEx' oppressively colossal 8-900k BTC weight.
You are implying Satoshi Dice was/is somehow worthless?  Although my knowledge is limited weren't the shares bought out at a premium not delisted.  Your own post https://bitcointalksearch.org/topic/calling-out-casinobitcoin-465334 mentions the venture as a successful one. 
As far ASICminer vs MPEx the valuations seem in line if one believes that MPEx is the only trustworthy BTC Stock exchange vs ASICminer being one of many ASIC manufacturerers.  Even if not most successful at least trustworthy up till now so why the dislike of them?

There is a difference between "worthless" and "having no published market cap since it is not listed to trade anywhere". Since SatoshiDice is no longer publicly traded, it obviously cannot be one of the highest valued publicly traded companies anymore.
Glad you agree that satoshi dice doesn't have a market cap of 0.  Unless I misread you. 
+1 on the bet idea.  What are the other terms?  Although if jimmothy thinks mpex will collapse wouldn't he think bitbet would too?  So betting on bitbet about bitbet collapsing seems ...

BitBet and MPEx are separate, but if you know a better bitcoin betting platform then go ahead and set the bet up there.

I would make a bet using bitbet if they were any less of a scummy company. I love the site/ui/functionality but not a fan of the fine print bullshit like if you bet after a deadline the money is considered a donation. This is no way to run a business especially when you are using a currency that takes a long ass time to confirm sometimes.

I would bet 0.1btc asicminer pays more in divs the following year.

Not going to bet it collapses because I actually changed my mind on that statement. It may not collapse within that time frame but it will surely pay out embarrassingly small divs while nobody uses the useless service.

The only hope of mpex succeeding was with a steady flow of idiots willing to gamble huge sums with options but now that cant even happen.
hero member
Activity: 756
Merit: 522
Glad you agree that satoshi dice doesn't have a market cap of 0. Unless I misread you.

You misread.
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