log☇︎
1005300+ entries in 0.744s
thestringpuller: he hasn't released information to the issuers yet...
smickles: does any sane person expect that?
BTC-Mining: yeah, I was strictly talking of balances
dub: nobody is claiming he restored the former value of their shares
BTC-Mining: and there's many other people claiming to have been paid =/
smickles: lol, i mean, it's likely nefario has/had more btc than I do, but damn, i'm sure he's a small fish
thestringpuller: in comparison to pirate's default or the gawker bubble
smickles: wow, .1 usd off of the 24 hour weighted average?
noagendamarket: going back to 2 P
gribble: Best bid: 11.7122, Best ask: 11.75268, Bid-ask spread: 0.04048, Last trade: 11.79, 24 hour volume: 23280, 24 hour low: 11.496, 24 hour high: 12.03
thestringpuller: still on the rollercoaster
thestringpuller: I thought we were in the clear and it would stabilize at 12 USD
thestringpuller: declining volume over time
smickles: BTC-Mining: probably the declining volume over time
BTC-Mining: what the heck are you talking about, thestringpuller?
thestringpuller: Dude the btc economy is tanking
smickles: if we go by jst, then he has about 8 hours to make an (approx.) 11 btc payment to hold off default, but remain late on todays payment
smickles: if UTC, then yes
smickles: thestringpuller: depends on what timezone we're using
smickles: check blockchain.info for the payment dates
smickles: not only late, thestringpuller, but outside of the late payment clause
smickles: BTC-Mining: awesome, eh? as he was about 7 hours (if we're using utc time) away from defaulting on a contract
BTC-Mining: Wow... do I need to pick up Usagi's GLBSE account now or what?
BTC-Mining: "Lol just fuck off dude. You got nothing, and the best you can do is necroaccount and necrothread."
smickles: if anyone is curious, i've decided to post the contract on bitbin
smickles: BTC-Mining: it's signed alright ;) well wait to see if he defaults in arizona time, instead of UTC tho, give a little wiggleroom
BTC-Mining: I don't know how much shares he had. But I suppose if he signed it with his gpg key, I could indeed pay interests to you for his debt.
smickles: BTC-Mining: if i have proof that usagi owes me btc, and you have btc owed to usagi... would you mind sending it on to me :)
BTC-Mining: Well, I might have just earned a few thousands at the expense of BMF's investors -.-
BTC-Mining: Nah, I'm sure it exists and the exact terms are not really of interest.
smickles: BTC-Mining: want to see the contract? curious?
smickles: today is the last day of a late payment date range
BTC-Mining: Who will I pay for all those BTC-Mining shares he held in BMF?
smickles: and mad a payment too, iirc
smickles: ah, well, also, usagi claimed to have the funds to pay on this contract even after glbse went down
smickles: BTC-Mining: glbse paid back funds today
BTC-Mining: eh... well with GLBSE having the funds, you know...
Ukto: smickles: I just wanted to be very clear about things up front. :P
smickles: BTC-Mining: a loan from s²cm to cpa
Ukto: smickles: lol, you liked my ToS ? :P
smickles: but i'll give usagi until today is over in arizona time
gribble: Rating entry successful. Your rating for user usagi has changed from 1 to -1.
smickles: ;;rate usagi -1 I have made a limited arangement with ~. we'll se how it goes. ~ is now late in paying and will have defaulted on the contract by the end of tody if action is not taken.
gribble: You rated user usagi on Mon Sep 17 19:56:21 2012, giving him a rating of 1, and supplied these additional notes: I have made a limited arangement with ~. we'll se how it goes.
gribble: WARNING: Currently not authenticated. User Usagi, rated since Mon Jun 18 09:33:55 2012. Cumulative rating 43, from 28 total ratings. Received ratings: 27 positive, 1 negative. Sent ratings: 32 positive, 2 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Usagi
rdponticelli: [09:55:38] <mircea_popescu> that's three weeks that were actually paid. if/when giga manages to sort out the glbbq mess there'll be more.
rdponticelli: kakobrekla: those were mircea's words, on dividend day:
smickles: dam, now this is a ToS http://www.hashpower.com/?page=terms
kakobrekla: well mps words are "i pay what giga pays [directly to me]"
rdponticelli: I don't know... he was concerned about legal stuff too...
rdponticelli: And said the rest would be paid out if/when the issues got solved
smickles: there has for some time been something like a depositary receipt of gigaminin on mpex
smickles: well, kakobrekla, by your word, then the etf should be in good shape
Diablo-D3: kakobrekla: thats why he can verify them, I guess
kakobrekla: 00:28.41 ( Diablo-D3 ) smickles: did mircea buy them directly from giga?
Diablo-D3: surprised other pools dont pop up in it too
Diablo-D3: blockchain.info doesnt like gen tx spam
smickles: why does every p2pool block show up in the blockchain.info 'strange transactions' page?
thestringpuller: Diablo-D3: that's what zynga did
Diablo-D3: I cant say the effort I put into it has been worth it.
smickles: huh, what were we talking about?
Diablo-D3: rdponticelli: honestly, Im thinking about it
smickles: and for that matter ...
rdponticelli: No more trouble :)
Diablo-D3: it would save a lot of trouble =/
smickles: yeah, those etf shares are unique to this kerfuflle
Diablo-D3: I cant honor any of the dmc shares left out there until glbse hands over the data =/
Diablo-D3: well, I cant do the same
smickles: Diablo-D3: i dunno, but in this possibility, he could've bought them on glbse
Diablo-D3: smickles: did mircea buy them directly from giga?
smickles: we'll se what actually happens tho
smickles: Diablo-D3: it's possible for giga to honor this arrangement with mircea w/o glbse involvement, so the shares have value
rdponticelli: mircea said they were paying the rest if/when the issue was solved
rdponticelli: So it seems like they were receiving their dividends through glbse
Diablo-D3: smickles: I dont understand then
rdponticelli: But on last dividend the exchange payed only 3 weeks
smickles: hmm, that complicates things
rdponticelli: Anyway, the float growed later
rdponticelli: smickles: yeah, there's a signed receipt for 900 shares
smickles: Diablo-D3: in the way 've just explained it
smickles: and i believe giga's signed receipt of the btc for the shares is in the contract too, so it's conceivable that he would honor it w/o any info coming from glbse
Diablo-D3: how are those etfs even functioning now
rdponticelli: Yeah, but even if mircea_popescu owns those shares, the proof of that ownership is on glbse's hands
smickles: mircea_popescu would've broken his own contract to have ever sold those shares
smickles: The Owner will never own less shares of the underlying than the total float of this asset implies.
smickles: rdponticelli: i wonder if giga would just recognize the etf shares tho
rdponticelli: Like the useless codes glbse gave to goat...
rdponticelli: Well, if for any cause ownership of the underlying can't be acertained
rdponticelli: Now, who knows, it may turn into the main site to exchange it, or it may be renderer useless...
Ukto: i think a few ppl prolly will
thestringpuller: But then again he can never do business in the BTC community again so it's kinda fair
Ukto: man, what a tryhard
EskimoBob: first trade in assets-otc :)
pigeons: the winners get them before other asics come out, and 2nd place gets a product close to advertised specs at all ever
Luceo: https://bitcointalk.org/index.php?topic=89564.0 <-- ASIC Raffle ONE TIME OFFER (Next Taker Only) - Buy 6 tickets for 1.8 BTC, get 2 free (worth 0.6 BTC)
smickles: Diablo-D3: tx spam? I don't get much spam other that penis pills and the like
jurov: interesting, nobody added mpex to stumbleupon yet
Diablo-D3: smickles: did you get a bunch of tx spam though?
smickles: i say this because i only received an email for the one, and not the otheres
smickles: ok, i'm fairly confident that only one of the glbse accounts which I controlled was 'processed'