1010700+ entries in 0.776s
mircea_popescu: you know most people with a degree don't verbalise what
they read
gribble: nefario was last seen in #bitcoin-assets 1 week, 2 days, 2 hours, 50 minutes, and 37 seconds ago: <nefario>
Those assets are not listed or
traded anymore
mircea_popescu: i mean gold. one day someone finds a
three by four by five kilometer gold rock under a sea somewhere and
that's
that.
OneEyed: Yes. Bitcoin could replace it,
that's why I shared
this
gribble: Best bid: 12.9001, Best ask: 12.95, Bid-ask spread: 0.04990, Last
trade: 12.95, 24 hour volume: 33803, 24 hour low: 12.661, 24 hour high: 12.989
mircea_popescu: [Local Rules : Anyone can post in
this
thread, even people who are confused over
their gender, can't do basic math, view failure as doing well and in general lack any idea of how
to run a business]
dub: hard
to have faith in assets issued on a scam exchange
Ignatius-otc: I pulled out awhile ago:( I
tried really hard
to make it work
there but couldnt do so.
dub: I'd GTFO GLBSE if you still can
tbh
Ignatius-otc: I give up, I spent some
time searching
the forums but fail
to find an asset meeting my criteria, lawl
dub: its cool
that GLBSE doesnt list
the date an asset was created
Ignatius-otc: I
thought he did, a minign
turd at
the least? If not nevermind my apologies
Ignatius-otc: so you are saying usagi does not have any assets which are odler
than 3 months and have paid out divs consistently?
Ignatius-otc: was
that directed at me dub? I havent owned his assets but nyans paid out fine?
Ignatius-otc: you act as if
the guy didnt hang around for months paying out divs normally
dub: scammer can simply creat a lot of 'companies' and people magically assign
trust
Ignatius-otc: At
the
time I even mentioned
to him it would be beneficial if
the insurer defaulted and my asset didnt, should have added some credibility;)
dub: this is really
the root of
the problem
Ignatius-otc: I wanted
to issue my own asset on glbse so I contacted several current issuers including usagi. I saw he ran CPA so I inquired about insuring my asset for shareholder benefit. Nothing ever came of it
Ignatius-otc: large asset issuer, plenty of people who claim he is
trustworthy
dub: why did you assume in
the first place
that
this random person with no reputation,
that cant even decide on
the sex of
the internet personal it projects, would do anything it said it would
Ignatius-otc: no, dub, I mean he only offered
to cover what was paid in. real insurance does not work quite like
that
dub: Ignatius-otc: its great
that he
told you stuff but seriously..
Ignatius-otc: I always assuemd usagi could payout. I contacted him about insuring an asset and was
told I could be covered for every bitcent I deposited into
the insurance plan...thats not ins;)
dub: the
trust in mining bonds came from
the issuers reputation
dub: imo it
takes
teh same level of idiocy
to assume mining bonds have hashing and
that usagi has
the money
to actually insure shit
mircea_popescu: in wehich case chain-of-default and "who would have
thought of
this"
dub: but
the contracts are quite clear, its not even suggested
that
the dividends come from mined coins
mircea_popescu: dub mh bonds w/o a farm are like usagi insurance :
they work great unless
they become useful (ie, diff drops)
dub: I guess
theres
the implication
that someone with a large farm is likely
to continue having bitcoins
mircea_popescu: dub
there's reason
to care. way
to
tell is a little complex.
dub: and
there is no way
to
tell or reason
to care
dub: my point
that for most bonds its only ever been loosely implied
that
there is hashing backing
them
dub: its been a lot less
too
mircea_popescu: still, 150k +
the 4 rigs he has on order, i'd say it's pretty decent
dub: has YABMC ever shown evidense of having hashign
to back it, beyond 'imsaguy has a farm'
dub: he has admitted
this in
the forum
dub: thats still only 150gh
total
mircea_popescu: no listen.
there's
the one you linked. old one. and
there's
this new one
dub: well
theres a few gpus in
there
dub: I
think bob and others have had an extra hard week buying off SR
mircea_popescu: i
thought he had about 40% in gpus and about 90% in fpga ?
dub: mircea_popescu: gig has under half of
the 200gh he has issued
OneEyed: mircea_popescu: so
this is more "What can be listed on MPEX?", not "How does one list on MPEX?".
mircea_popescu: if
they can;t find
the email / irc in
the faq im
too beelitist for
them.
dub: femtotube: can you show us a fixed mh mining bond
that does have actual hardware hashing?
OneEyed: mircea_popescu: I just realized
that on your post, you don't answer
the "how does one list on mpex". Shouldn't you at least give an email
to use
to propose you a new asset for MPEX?
mircea_popescu: this will be
the driver making bitcoin cross
the 1k usd barrier : when people finally figure out
they can settle intl
trade in commodities anon.
mircea_popescu: no. i am working on a system where users can pay bitcoin and
take WTI
pigeons: mircea_popescu: oh so you're working on a system where users can
take delivery or provide hash power for
the contracts?
OneEyed: But I have never even used bitcoinca, so it was more like yet another movie
to me
mircea_popescu: the reason
tihan got involved was simply
that zhou was bleeding equity
jcpham: that bitcoinica was insolvent at
the moment
the consultancy
took control
OneEyed: phantomcircuit | and
tihan seale aka wendon group has not EVER put funds into
the business despite phantomcircuit | and
tihan seale aka wendon group has not EVER put funds into
the business despite repeatedly saying he has
OneEyed: New stuff about bitcoinica in #bitcoin-otc: phantomcircuit | as far as i can
tell now bitcoinica has not ever been able
to cover it's obligations
mircea_popescu: Ignatius-bot
there's a lot in
the works, but
these are finnicky
things
to do even when you're not working in btc
femtotube: huh... I almost
thought
that mods are gone mad
too. Sorry
Ignatius-otc: mircea_popescu, is
there anything in
the works
to bring in new assets
to mpex, or are you just letting
that
take care of itself?
mircea_popescu: lol just because
the nitwit deletes her content in a quote she makes
femtotube: hold on, my mistake I looked at
the wrong url :)
OneEyed: Oops, was directed
to mircea_popescu
OneEyed: femtotube:
that's what I was asking earlier
today, since it looked like some of
the girl posts had been removed, I wondered if it was self-control or moderation
femtotube: "mircea_popescu | everyone can delete
their own posts " no, he ask forum mods
to delete users questions from
the form
threads he has started
OneEyed: Fuck your link
to David
Thorne site, last
time I landed
there I spent
two hours reading it
mircea_popescu: and
took out
the business altogether. a financial. we can noun
Ignatius-otc: is
there anything in
the works
to bring in new assets
to mpex, or are you just letting
that
take care of itself?
Diablo-D3: mircea_popescu:
they execute people over
there for using
tor
Diablo-D3: smickles: I
think Im just going
to continue buying back DMC until
theres none left
Diablo-D3: smickles: sorry, I have
to
turn you down on your accounting offer
femtotube: How can
this usagi delete posts from his forum
thread?