1010100+ entries in 0.81s
smickles: that way, you could sell
today
smickles: Doffx: if you have shares of gsdpt (or whatev) you could give DeaDTerra a signed doc
that says you'll give X shares
to him as soon as is possible
Doffx: Well I guess its a good
thing I mostly own
that asset
FledNanders: milk isn't a scammer. milk does
the body good.
Doffx: Well first I need
to be able
to access my Glbse account
to give him
the
totals.
mircea_popescu: once glbbq comes basck online, you get your coupons, you redeem
them etc
Bugpowder: Doffx I will sell
the for you for 10% cut
mircea_popescu: Doffx so have an in-kind
transfer
to some broker or w/e
FledNanders: What's
this about GLBSE going down? What will happen
to all my BTC and PPT shares?
smickles: mircea_popescu: i would look it up, but curiously, all my networking died with
the exception of irc
smickles: mircea_popescu: i don't
think it was easter island
smickles: "whith
the
thing in
the place"
smickles: like
thos boulders on
that island at
that
time
mircea_popescu: if safekeys were
the
token claims
that'd make
the content of
the safe no less virtual by
this working.
smickles: mircea_popescu: but it's
the known claim
to control of
the virtual
thing
that has
the value, so it's
the data, not
the
thing itself
mircea_popescu: (the duck also weighs
the same as a witch, which is virtual)
mircea_popescu: yes but
the relationship between real data and
the virtual coins is... virtual.
mircea_popescu: if you can't kill your girlfriend with it, it's virtual. also known as rule of
thumb.
smickles: i don't see anything virtual about
that
smickles: i don't
think bitcoin is a virtual currency anyway
asa1024: the media will love
that one "FIRST MURDER OVER A VIRTUAL CURRENCY!!!"
asa1024: I wonder when
the first murder over bit coin is gonna happen?
smickles: knotwork: well, i may not be
too far off from helping out
jcpham: i was just saying how i wished reeses were here
to
troll
this bitch up
jcpham: there is much
to learn
there
knotwork: I dont
touch fiat at all with my server, I only deal with game money like bitcoins and litecoins and ixcoins and all
that play money stuff
ErebusBat: Watching
the OT vids: makes me
thiink of bitcoin
test net… at first you are like I HAVE 10,000 BTC!!!!
then realize you cant actully do anything with
them :(
pigeons: mostly gold i've seen with
truledger
knotwork: I
think people have been using it mostly just for
their local
trust group for doing accounting around
their in and out
to fiat stuff among people
they know
knotwork: but no markets, no way
to make sure guy sends you in return what he promised when you send him something
knotwork: Truledger only does accounts. it does similar
type of accounting where everything is signed
though
smickles: of all
things, when I learned
that guy died in a
train crash, i laughed
knotwork: Truledger doesnt have markets
though nor even escrow-type smart contracts
to force
trades
to actually happen both ways
pigeons: well, compared
to a few months ago
smickles: go read
the myth of sysiphus by Camus, usagi
pigeons: a couple
truledger servers on
tor are getting popular
knotwork: currently
they make do with
Truledger for
that I
think
knotwork: once
there is some easy way
to use it
through
Tor
there are a few groups who want
to have OT servers as
Tor hidden services
ErebusBat: any guides on OT? Last I looked
there really were not
pigeons: ErebusBat: knotwork has a server with btc, i0c,ixc, ltc, CDN, etc, a handful of other servers, i'm not sure which of
them want
to be announced yet
mircea_popescu: lol pigeons was mining back when cpu were
the rage,
too
ErebusBat: pigeons: rephrase: is anything else actually using OT
today? Or is it still pretty much POC?
knotwork: ErebusBat you can use
the scripting language or
the java GUI client both work
smickles: ErebusBat: you could setup proxy assets
to glbse assets and make a killing
knotwork: ErebusBat sure you can, you just have
to get it installed on your system
ErebusBat: asa1024: dont forget
that your eyes will bleed
too… how can you put a price on
that.
pigeons: ErebusBat: you can use OT for whatever you want
today
ErebusBat: So I can't really use OT for anything
today?
pigeons: knotwork: while it was free i
tried
to get you
to join
asa1024: damn and I was
testing out coinbr.com
knotwork: oh
thats right piegons rub it in why dont you
pigeons: my mpex account was free, casue
they used
to be free
knotwork: Damn I didnt even
turn on
the usage
tokens system yet in OT
smickles: is
this where I brag about paying less fees
to mpex
than glbse
mircea_popescu: it's how busienss works : back
the wrong horse, bleed out of each limb.
mircea_popescu: people
that joined in
time get an advantage over
the ones
that shittalked mpex back in
the day cause "glbse is so much better"
knotwork: doing everything in integers should also hopefully help encourage larger size
trades
gribble: nefario was last seen in #bitcoin-assets 1 week, 2 days, 20 hours, 28 minutes, and 20 seconds ago: <nefario>
Those assets are not listed or
traded anymore
knotwork: I am hoping OT will appeal
to large players due
to its lack of percentage-based
trading fees
mircea_popescu: im not gonna be
the first
taking 15yo's
to be
thrown off rocks, but i can't deny sparta had a point somewhere in
there.
mircea_popescu: see Luceo ? you ask me
to go easy on
them cause
they're young,
they sprout dumbass shit cause... heck, why not.
they;re young and everyone should go easy on
them
smickles: knotwork: well,
today may be a good day
to attract more players
knotwork: even if
they just buy 100-lots and sell in smaller lots or whatever
knotwork: so
tons of need for arbitrageurs
knotwork: so like at 100 scale, offering
to sell 100 of A for x many B per 100 is separate market from offering
to sell 100-lots of B for y many A per 100
smickles: interesting, i need
to settle into my new place first
tho :|
knotwork: because of
those scale factors it
treats both ways round of a pair as distinct markets
knotwork: so
thats six offers right
there just
to do one way round of one pair
knotwork: I have scripts
that
take
the computed value for an asset in
terms of another and place offers
to buy by
the one at a
time at 97% or by
the
ten at a
time at 98% or by
the 100-lot at 99% and
to similarly sell at 103%, 102%, 101% stuff like
that
smickles: kakobrekla:
the first reply is golden
knotwork: thing is
there are so damn many markets
the market-making scripts wanted
to post shitloads of offers
smickles: knotwork: open offers, so
that's like buy/sells?
knotwork: right now we had
to put a limit
to
the number of offers a nym can have open because nyms issuing 72 offers 3
times a day without clearing
their inboxes were blowing out
the inbox download
timeouts
pigeons: well
to be fair, it wasn't
the act of intending
to comply with regulations
that brought
the regulators down on
them
smickles: glbse would have
to get a lot of info from its users
to comply with us regs, and serve us users
knotwork: smickles well it needs scaling up
too
jcpham: based on
the nature of bitcoin, regulations will make people jump ship
jcpham: the
term "going legal" implies complying with regulations
knotwork: grandma probably ought
to just use videochat with her nice friendly broker
though at $75/hour or whatever and let him/her deal with all
the complicated stuff
pigeons: smickles: yeah,
ther eare some recent videos demonstarating
knotwork: and of course it could do with prettier clients if it actually makes any sense
to let grandma have a seat on a stock exchange
smickles: knotwork: so you're saying just
the ui and
tor interface need work?
knotwork: It could do with easier way
to use
Tor
though, like actual proxy-port support
Luceo: If
the legal system wasn't in
the 1900s, and unable
to work with Bitcoin, and with small financial services providers,
then we wouldn't have
these issues
knotwork: It works, you can
transfer assets from user
to user, you can put
them on markets, you can withdraw blinded cash
tokens