1007800+ entries in 0.748s
mircea_popescu: it's a stinky situation
to be in especially because you may
THINK you're ok, everyone claimed, everyone was
taken care of, all is good
BTC-Mining: Which I was pointing out understand
that by using "would"
BTC-Mining: I'm not
talking about
the why, but because you said "[04:57] <mircea_popescu> BTC-Mining mind you,
this is just my opinion."
BTC-Mining: mircea, notice
the usage of
the word "would", pointing
to
the fact it's hypothetical
femtotube: because you are just another sociopath in
this ugly BTC community
BTC-Mining: I would have other people's funds but no way
to return
them.
femtotube: mircea_popescu: i understand how
this makes you feel good and you can gloat now like never before
drekk: from now on, i'll work hard
to never be respected by
the community
mircea_popescu: femtotube
the same members. nefario is an interscamgro alumni.
femtotube: it another scam
that was run by "respected" LOL! members of
this "community"
femtotube: no, i will not because bitcoinica has nothing
to do with fixing something
drekk: dont know what
to make of
theymos atm
mircea_popescu: the EXACT same blueprint. zhou and
tihan = nefario and
theymos
drekk: well if its nefario, everything dies at
that point
femtotube: so, what
the plan
to fix
this mess and move on?
mircea_popescu: drekk well
that's ALSO unclear. nefario or
theymos or "the community"
mircea_popescu: he's
thrown it in, fuckall knows how
to get it back out.
drekk: your discussion is interesting, but who'd be actually in charge
to do anything like
that?
mircea_popescu: well. so,
there's a saying, "one fool
thows a rock in
the sea and
ten wise men struggle
to fish it out"
BTC-Mining: Since other investors are missing
then,
they have no recourse, and since not all holders are publicly known,
there's no way
to know
that.
BTC-Mining: Yes. Especially if afterward he close
the method
to submit BTC addys
mircea_popescu: he
then will be making more by closing down glbse
than he ever made running it.
mircea_popescu: what if nefario just fills in with his addy for all
those who don't respond ?
BTC-Mining: Or
that would be claimed by issuer after people complain
they haven't received anything.
mircea_popescu: BTC-Mining
that is an entirely diff class of valid objection
BTC-Mining: With GLBSe possibly giving
the wrong list.
mircea_popescu: when more
than
two people are responsible nobody can be made responsible.
BTC-Mining: The underlying issue remains
the same it seems...
mircea_popescu: so. did glbse not give correct list, did issuer not pay all people or did guy lie about being entitled
to dividend ?
BTC-Mining: The same could be said about GLBSE if someone claimed
to have an incorrect balance on his account.
mircea_popescu: ____Atlas_____ i suggest nefario is shot, and any further cocky nitwits purporting
to create
this sort of messes are stripped and beaten, first.
mircea_popescu: except, after
the 1st dividend run all customer addys are now public.
drekk: don't aim
too high.
this is
the internet & bitcoin & anonymous users after all. you won't find a smooth way
to handle
this like IRL. imho
mircea_popescu: if
they need
to pay dividends
they can *claim*
they paid.
BTC-Mining: Only
the BTC address with number of shares
tied
to it will be sent
to issuers.
mircea_popescu: ok. so now,
the issuers have list of email addy and btc addy.
BTC-Mining: No, funds
that are not spent are
to be returned
to
the account owner.
mircea_popescu: if i have 100 btc and 3
tickers in my portofolio you plan
to what, give each
ticker 33 btc ?
mircea_popescu: i
thoguht
that was already sent out, we're only doing
the paper.
BTC-Mining: Issuers can pay
to said BTC address, at least.
mircea_popescu: now, glbse distributes
these lists
to
the asset issuers. right ?
mircea_popescu: so
this completed somehow, in like a week or whatever, and everyone
ticked boxes.
mircea_popescu: of which issuers
they want
their email and btc addy communicated. fair enough ?
BTC-Mining: We're
talking about issuer receiving a BTC address of
the shareholders.
mircea_popescu: so, i glbse put
the website back up. all customers login, and have a set of
tickboxes
BTC-Mining: So? We're no longer
talking about claim codes.
mircea_popescu: you're basically sending
this stuff plaintext over
the wires.
mircea_popescu: email
traffic is neither encrypted nor is it so reliable.
mircea_popescu: BTC-Mining i imagine
the issuer
to
the shareholder, in your system. right ?
BTC-Mining: Then GLBSE would email
the email and BTC address
to
the asset issuers.
____Atlas_____: mircea_popescu:
These people are not on your level of conciousness.
BTC-Mining: No,
the holder would log in on GLBSE.com.
The holder would give an email/btc address.
BTC-Mining: I
think
that's
the plane,
to bring an online
tool for GLBSE
to log on for asset holders
to give
their email/btc address.
mircea_popescu: if user X has 3 assets, you can't give his name/pw
to 3 issuers
k3t3r: or some other system without
the ability
to
trade
BTC-Mining: login, give BTC address/email, send
that
to asset issuers.
mircea_popescu: i still dunno how
they can go from (users in db) state
to (independent yet verified ownership) state
BTC-Mining: It seems a method will be implemented, albeit after
the worse has happened.
mircea_popescu: online
the gpg system might be sufficient (hasn't really been
tested yet)
BTC-Mining: What is
the usual method
to establish ownership?
mircea_popescu: atm
the entire codes mess is due
to
the fact glbse purported
to be an exchange, sold itself as an exchange, but it was merely a dumbass website, not an exchange.
mircea_popescu: point being,
to qualify as an exchange in
that sense,
there'd have
to be a way for ownership
to be established and verified.
BTC-Mining: What's such a big fuss anyway, stock exchanges delist assets on occasions, it doesn't mean everything is lost, just
that
the asset is no longer
traded on an exchange.
femtotube: what went wrong with my /ignore ? I still see
this idiots posts.
BTC-Mining: Yes, although is location changed a few
times.
femtotube: and what is
this ass-hat nefarios real name?
____Atlas_____: With
this sufficiently answered, will change economics as we know it.
femtotube: anyone has nefario's
tel number and
the address?
____Atlas_____: Until some
trucker comes
to clean me off with his 10 gallon piss
____Atlas_____: He
tries
to have Jose do it. Jose is like no fuck you.
____Atlas_____: Then when
the janitor comes
to clean me up: He goes fuck no.
____Atlas_____: I rather be
the kind of free floater on a public urinal
that got
there mysteriously...
BTC-Mining: But you know, asset issuer can probably act as escrows for shares
transfer.
BTC-Mining: Hope you didn't have
too much and
too many different kind of assets femtotube
then.
BTC-Mining: or... someone is just angry
that his money is... gone