log☇︎
1011800+ entries in 0.626s
rg: Chaang-Noi; you want to buy some ltc?
rg: you there?
OneEyed: Maybe someone is willing to buy the debt in full, god knows why
OneEyed: You can even put the ask at the original price
OneEyed: (or the reverse)
OneEyed: He can be, if you have 1 share to sell. Just don't put a bid before a certain date, and let people place asks, that would be an auction
mircea_popescu: OneEyed i was thinking of using bitcoin-auctiobn
OneEyed: You should use MPEX to auction the claim first :)
mircea_popescu: that he cut rates in the meanwhile i'll pass
mircea_popescu: fact of the matter is, i told him at deposit time when the money needs to come out.
mircea_popescu: i would regard him as being in default for it tho, and neg rate
OneEyed: What would be the value of the asset? The principal or the money obtained from selling the debt?
gribble: Best bid: 12.691, Best ask: 12.69898, Bid-ask spread: 0.00798, Last trade: 12.699, 24 hour volume: 41446, 24 hour low: 12.321, 24 hour high: 12.79
mircea_popescu: sell the claim most likely.
OneEyed: mircea_popescu: how would you handle a situation where Patrick would delay the payback of the principal obtained from MPCD?
assbot: Provide ticker.
mircea_popescu: what hedge issues we talkin about ?
mircea_popescu: OneEyed hey, i started the thing knowing this so i'm not complaining.
OneEyed: (sorry, not familiar with the words here)
OneEyed: Prudent, but a real burden, especially if you need to go away for a while…
OneEyed: mircea_popescu: does it require a lot of maintenance or does it run mostly by itself? (I would guess the second)
mircea_popescu: or just under that
OneEyed: Compared to the hosting/tech expenses: 50 BTC
OneEyed: mircea_popescu: that may be relatively shitty according to some criteria, but for something that requires no maintenance, that's great
mircea_popescu: this is a poor argument tho.
Eisenhower34: im in the internet biz for more than 5 years
mircea_popescu: actually, greyhawk has a point. specifically In that case you are of course aware that providing no contact information/full "Impressum" for your "business" is illegal under German legislation. Your website is a perfect opportunity for an Abmahnanwalt to sue the fuck out of you.
Eisenhower34: thats not the problem. the problem are those comments : "Government ID please. ""We wouldn't want this to be another scam right?""Are you willing to provide a legal adress under which someone could be held accountable in case of fraud?" "I'll never conduct business with a "company" who refuses to even tell me the address where they are based."
mircea_popescu: nobody wants/needs it, and if they did they'd make it (those people who already trade cds otc, that is)
mircea_popescu: Eisenhower34 that'd be a different problem : you've made a website for something that already happens otc
kakobrekla: everyone is assumed to be pirate nowdays
Eisenhower34: with all those idiots asking for doxx and implying that im a scammer
mircea_popescu: you lack any verbiage as to the important points : 1. how are claims decided ; 2. how are people prevented from buying insurance on themselves and default.
Eisenhower34: that was the idea, but as it has already been pointed out several times its a CDS
mircea_popescu: ok this is nonsense.
Eisenhower34: read the thread here https://bitcointalk.org/index.php?topic=109415.0 already tried to open a project but it doesnt make much sense with all those idiots out there
mircea_popescu: Eisenhower34 coding isn;'t the biggest deal. also, who and why is calling you a scammer ?
OneEyed: Eisenhower34: mine would be more like MPEX than GLBSE if I'd do one
Eisenhower34: If there wouldnt be so many douchebags out there, calling me a scammer all day, i would have already opened a stock market myself... would take ~2 weeks to code it ...
OneEyed: I would trust you not to use them because you disagree with a business relationship
OneEyed: usagi: are you implying that you know about irregularities?
Chaang-Noi: then takes it back and says fuck you
Chaang-Noi: that is typical nefario
Chaang-Noi: if i broke some tos or something he needs to tell me, if he offers a service, takes payment then fails to give service its scamming
Chaang-Noi: he has not explained why i was delisted, i want the fees refunded
OneEyed: usagi: more importantly, he didn't explain those (potentially) bad decisions. He pretty much destroyed part of the trust people need to have in him.
Chaang-Noi: i have more btc than i did
mircea_popescu: well this "some btc" needs to be clarified wtf it means
mircea_popescu: OneEyed no but he's liable for it to shareholders
Chaang-Noi: yeah i asked for the non disputed btc he was holding hostage
mircea_popescu: was this your btc ? your assets' btc ? is there all of it ?
mircea_popescu: I assume these are for the "non disputed" BTC
OneEyed: Chaang-Noi: why, he forgot to send the private key along?
Chaang-Noi: now i just ahve to hold it forever
Chaang-Noi: not that it matters, i cant send the btc to anyone
Chaang-Noi: i guess he will avoid the scammer tag for now
mircea_popescu: i thought so too !?
OneEyed: I thought YARR couldn't be traded anymore. I must have confused that with something else.
mircea_popescu: wait so if you have a leading period on the symbol glbse 404's ?
assbot: GSDPT [1@0.0032BTC] paid: 7.468E-5 BTC. Last price: 0.0034 BTC. Capital gain: 0.0002 BTC. Total: 0.00027468 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
imsaguy2: you don't have that sort of priority
assbot: CPA [1@0.1BTC] paid: 0.00569688 BTC. Last price: 0.01500001 BTC. Capital gain: -0.08499999 BTC. Total: -0.07930311 BTC. (-79.3%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
mircea_popescu: i have every right in the world to register .us
mircea_popescu: dude lay it to rest already. i have us companies, my cto is an american citizen, etfc
OneEyed: "To ensure that these requirements are met, NeuStar frequently conducts "spot checks" on registrant information."
OneEyed: (according to wikipedia, not the most reliable source, but generally good enough)
OneEyed: Registrants of .us domains must be United States citizens, residents, or organizations, or a foreign entity with a presence in the United States.
OneEyed: EskimoBob: is that illegal?
mircea_popescu: i mean it can't be a ponzi on the strength of lack of volume alone.
OneEyed: mircea_popescu: wow, I guess the girl hit a nerve then
mircea_popescu: OneEyed the girl (mpoe-pr) called some bond of his a scam or w/e
OneEyed: imsaguy2: ok, hosted under the same root
imsaguy2: they are two different things
imsaguy2: technically, the bbs isn't his site
OneEyed: pirate pays => price drop => people invest into BMF to hedge against BTC price drop => I see what you did here usagi :)
OneEyed: imsaguy2: I was asking why ciuciu seemed to be so angry at Mircea
imsaguy2: <EskimoBob> OneEyed: I guess he considers that porn peddler
OneEyed: I remember times when dropping "should I use vi or emacs to edit the configuration file?" in any software newsgroup would degenerate rapidly
OneEyed: Trolling is an art, that was taught by masters on Usenet in the ol'good days, before even AOL was allowed to access the news
imsaguy2: or when you're repeating info that's wrong.
OneEyed: Because it's not even entertaining, not humorous, not a good troll
OneEyed: imsaguy2: sure, but he tries very hard to get at MPEX and Mircea, so I guess he really has some motive
imsaguy2: who said you have to get the facts right when you're trolling?
pigeons: hmm i thought so too
OneEyed: Oh, I thought the porn on mircea_popescu site was free for all :)
OneEyed: mircea_popescu: did you do anything to him? I don't understand why he goes after MPEX every time he can. Do you owe him money or what?
OneEyed: What happened to ciuciu recently? He seemed to be a nice guy, had pretty interesting deals, but now looks like he shorted a fuse over mircea_popescu and the porn pictures
Eisenhower34: y maybe they already mine with some of their products
OneEyed: Eisenhower34: sure :) And it's true that it will be much more easy to conceal once they have delivered some ASICs, as they will be harder to identify.
Eisenhower34: OneEyed they "say" of course they wouldnt, but its on a different page what they really do :)
OneEyed: Eisenhower34: I would too, but for some reason I don't understand BFL said it wouldn't
Eisenhower34: before i deliver them :)
Eisenhower34: for a week or something like that
OneEyed: Demonstrating it on testnet would be the best way to get free advertising
OneEyed: I can't make my mind on whether this is a scam or not, or more exactly on whether they do have a product ready or not (even if they intend to have one eventually)
BTC-Mining: Don't think anyone has, OneEyed
Eisenhower34: Sorry but you didnt understood the more polite way telling you that, what did you expect me to say?