By definition of book value, if Vircurex was shut down at the end of May, and everything got liquidated, shareholders will be left with -102.33 BTC.
Is it possible, they have no idea how book value is actually calculated and have pulled some arbitrary numbers out of their arse?
Not surprised because this looks like a common practice in the funny land of btc finances. One delusional dipshit likes to call it "the standard", btw.
Is it possible, they have no idea how book value is actually calculated and have pulled some arbitrary numbers out of their arse?
Not surprised because this looks like a common practice in the funny land of btc finances. One delusional dipshit likes to call it "the standard", btw.
Don't confuse what you do with your scammy ART asset and what this guy does, on one side (ie, childish delusions of "finance") and what MPEx does (ie, the actual standards of Bitcoin finance).
The distinction is important for you because internalizing it represents your only chance of becoming less stupid than you currently are. Irrespective of how small this chance is or may appear to you, it's absolutely all you've got.
People who warn about that do either so in a way that is usually insultive or at least perceived as a "typical naysayer" that just weakens the entrepreneurial spirit...
"People" need to fix their
4. Step outside of your ideology. You might have been brought up in a very repressive social milieu in which some particular ideological slant was drilled into you. This is working to your disadvantage, get rid of it. Are you sticking up for your friends because they're your friends rather than because they have a point? Great for facebook, horrible for BTC. You will lose money. Are you following the crowd like a welfare state lemming? Great for the white collar slave, horrible for BTC. You will lose money. Do you think form is above content and as such it's okay to invade foreign countries and slaughter civilians just as long as nobody says shit, piss, fuck, cunt, cocksucker, motherfucker or tits on TV? Great for being an American, horrible for the free world. You will lose money.
5. Re-read this entire post. It probably didn't fully sink in on the first pass.
5. Re-read this entire post. It probably didn't fully sink in on the first pass.
There really is no other way.