Quote from: Vlad2Vlad on July 29, 2013, 07:58:06 AM

Quote from: AgentME on July 29, 2013, 02:51:57 AM

Quote from: PerfectAgent on July 29, 2013, 12:50:51 AM

You need to know why things are done. Just like my toothpaste example, you need to know what toothpaste is and what it is for if you're going to found a toothpaste company, and the same is with creating a coin.

That's easy, toothpaste is a ponzi scheme that is going to explode after the toothpaste ETF and everyone is going to want their own tooth paste brand, so we need to get into the market now.

That's absurd. No economics school ever offers a course on how a stock market exchange itself structurally functions. It's absurd. Yet you can go get an MBA and work on a major exchange. This whole idea that i need to understand the actual trading structure of a financial instrument when there's no way for me to change it or alter it is ridiculous.

It doesn't fit with any courses taught for finance or economics. ZERO. You need to understand the theory, the mechanics and what makes an instrument a success and how to value it which in this case it's near to impossible. But how It works, when that is set in stone, who gives an F? That's why banks hire programmers and IT managers and shove them in a room out of the way, cause they do ZERO actual money making for the banks.

I'm not sure how any of that relates to my post, but that last sentence is full of errors. The financial industry pays extremely well for good programmers as far as I've heard. And financial institutions pretty much entirely rely on computers these days, so to say they "do ZERO actual money making for the banks" seems to show a huge lack of understanding. (If that were true, why would banks even hire programmers?)

Quote from: frobley on July 29, 2013, 09:48:43 AM

Quote from: mnyonpa on July 29, 2013, 02:44:35 AM

Quote from: PerfectAgent on July 28, 2013, 11:24:26 PM

So GoDaddy charges about $10/yr for domain registration. So you spent $1400 in domains alone? This is absurd.

Yes, and I believe he had mentioned it somewhere before.

Hmm, I hold double that for a single online business, it's not uncommon.

Do you mean you own 280 domains for a single online business? If you're in the domain squatting business, I just hope you at least have better taste in names than Vlad.