log☇︎
1014100+ entries in 0.796s
jurov: Yes, i'm a fag. BUT DON'T DARE ME CALL A TEACHER!
Diablo-D3: jurov is a gay teacher?
mircea_popescu: hmm, anyone knows markm's handle on irc ? the guy with open transactions. i know i used to talk to him
mircea_popescu: jurov lol relax then!
mircea_popescu: there's corps listed ranging from ~3k to close half a mil btc total market cap, but all of them actually have a business plan.
mircea_popescu: well, bear in mind that while size per se is not a criteria, solidity of business is very much so.
Luceo: Makes sense, might come to you in the not too distant future with an asset proposition
mircea_popescu: many points are involved, including subsequent market-making for the security etc, so it's not a simple scalar value.
mircea_popescu: part of that contract is an ancillary agreement on fees, which is not public
mircea_popescu: (mpex assets stem from this contract, they're not contracts between issuer and shareholder)
Diablo-D3: mircea_popescu: yeah, but whats the pallpark figure
mircea_popescu: Luceo the way mpex works is that a contract between issuer and mpex is negotiated, which becomes the basis of listing
Luceo: mircea_popescu: Is there a fee to create an asset on MPEX?
mircea_popescu: a well, who're they.
dub: according to these scumbags
mircea_popescu: the mid term future of bitcoin is purely financial.
mircea_popescu: bitcoin will in the next 5-10 eyars become the currency of black pools.
dub: apparently this is the future of bitcoin
dub: in nefarios conference address, when he posited a marijuana future appreciating in a 'big baggie' there was applause, the only audible response to his presentation
jurov: eh, someone please come here and kick me unconcsious so that i learn not to air my insecurity publicly
mircea_popescu: guruvan you happen to be right in the ciuciu-bond ponzi thing. https://bitcointalk.org/index.php?topic=95826.msg1092063#msg1092063 guy's pretty much been slinging mud ever since. i guess he knows he's a scammer.
mircea_popescu: well if it ever becomes more concrete then that we can talk about it more.
jurov: i admit, this one is more a gut feeling than something concrete
mircea_popescu: <jurov> my biggest worry is i could be never sure what to expect from mpex... << i was trying to answer to that
jurov: and listen to swearing of the programmer
jurov: look. try to create yourself a basic desktop app that could accurately bookkeep user's account, orders,transactions, based on today's stat interface
mircea_popescu: well, i'm open to ideeas to narrow/mitigate your worry.
mircea_popescu: would that be something you'd want ?
mircea_popescu: this way at least you have the guarantee you can't wake up one morning and whoops, shit happened impredictably
mircea_popescu: ok, in practical terms, how about this : if any substantial change that might effect you, i put a ban on your ip so you can't connect. it'll be lifted just as soon as the issue is resolved ofcourse
mircea_popescu: these two'd seem to be different issues tho, neh ?
jurov: thanks got i don't have to worry bout interest atm
jurov: and, i'm repeating it for x-th time, the btc balance could change for any reason and i have to pair expected deposits/option exercises against the balance
mircea_popescu: Luceo i'm sure she'd make more from that than she makes from me.
Luceo: I'm sure the girl you employ could say the same :P
mircea_popescu: jurov that's not a worry that should be allowed to stand.
Luceo: mircea_popescu: If I had a bitcoin for every unfounded accusation I've had levelled at me on the forum by shrill idiots, I'd be able to buy a house with it
jurov: my biggest worry is i could be never sure what to expect from mpex... as last time you solved order cancellation problems with "we're busy, try again later"
mircea_popescu: jurov take your time, you're too far advanced to blow up.
jurov: if i did that right now, it could have ended up in flames :/ or i would be overwhelmed by deposits/withdraws that i do manually atm
mircea_popescu: jurov i'd have had the girl announce, but by now she has a following of losers that apparently have absolutely nothing to do with their lives.
Luceo: jurov: You should, they're itching for a GLBSE replacement
mircea_popescu: Luceo well some of them do actually contribute useful research
jurov: i don't want to deal with that crowd yet
Luceo: Who don't run any businesses but still throw shit at other peoples'
Luceo: tbh the biggest problem is people like gweedo, puppet, EB etc
jurov: well, actually I want to provide services to serious traders to make their life easier.. just wanted to show i'm serious
Luceo: Yeah, the drama gets pretty dumb
mircea_popescu: jurov made possibly the product of the month, you've never heard of him in between goat, usagi & co
Luceo: idk, I don't even trade that much, I tend to invest long term
mircea_popescu: i guess the problem on forum and to some degree here is that all the bs/drama going on really drowns out all the constructive stuff made by sane people.
Luceo: Makes sense for casual traders
Luceo: But the trade fees are higher
Luceo: Fee free mpex trading :P
Luceo: I think coinbr may help facilitate that anyway
mircea_popescu: place for people to try things out, learn etc. the only problem is that it should be run more like a university than like a three monte game
Luceo: I'm interested in cryptoexchange as a Litecoin exchange too, and possibly Microcash in the future
mircea_popescu: at this point there's no dispute there's a need for exactly that, a zero fee exchange for casuals
Luceo: and mpex will retain its place as the serious exchange for volume traders
mircea_popescu: im hoping they're a lot more...
mircea_popescu: that may be the case.
Luceo: I think cryptostocks will take glbse's place as a zero-fee exchange for the casuals
Luceo: mircea_popescu: There's a few
mircea_popescu: Luceo btw that wasn't meeant as a dig. i honestly thought so. are there any ?
mircea_popescu: i thought there weren't any ?
Luceo: Why doesn't assbot show crypto-stocks trades?
Obsi: what was the url on glbse to have it recalculate your account balance?
guruvan-: it's relevant because it's indicative of the other information being hidden
mircea_popescu: we had a jolly good time.
mircea_popescu: and there at a table was pirate
mircea_popescu: so i walked into a bar today to meet with shakaru
dub: I will not comment much about my involvement with other scams, i had involvement in some projects prior to BDT, as you must be aware, but if you are insinuating that i am a scammer you must have evidences to back up your claims, and if you ever want to end up in court, they must be really solid.
Bugpowder: that could be 3 million $ if bitcoin commerce gets up to $1T
Bugpowder: you get 40% fee if you win the case
mircea_popescu: im guessing i need to start putting sarcasm tags in
Bugpowder: we just need one of them to get interested in the subject
Bugpowder: lot of out of work lawyers these days though
mircea_popescu: and here i go thinking random forum replete with random idiots is the center of the world
Bugpowder: Depends on the lawyer I guess
mircea_popescu: o, you think ?
Bugpowder: I assure you they are making more money elsewhere than could be extracted from this dispute
mircea_popescu: it's a pity really the legal profession doesn't know about the internet. they could make a lot of money consulting here.
mircea_popescu: i was having fun reading rosenfeld's attempts to disentangle himself.
Obsi: BDT thread I assume?
kakobrekla: where is this from
mircea_popescu: i haven't signed any document allowing him to post my passport copy all over the place.
mircea_popescu: Things like what happened in the previous day, like my passport being posted all over this forum and reddit be nefario himself are a shame, and a crime in my jurisdiction.
midnightmagic: mircea_popescu: lol that would be awesome.
Bugpowder: poker was massive 5 years ago, it probably will be again once gov legalizes and taxes it. Senator who was blocking legislation is retiring
mircea_popescu: midnightmagic true. if i was in his place i would do exactly that. then people would whine about how much of an asshole i am.
midnightmagic: mircea_popescu: He should be telling them both to go pound and stop wasting his time rather than trying to write legalese and look into business records.
Bugpowder: online poker is pretty dead in the us
Bugpowder: not sure the bitcoin ecosystem is robust enough without the exchange points
Bugpowder: market needs fresh n00bs to put coins in
mircea_popescu: few people actually have to sell btc.
Bugpowder: I think the uncertainty and difficulty getting more cash in, would cause downward pressure
mircea_popescu: thing is, it would create huge publicirty, and thus drive demand way up
Bugpowder: can't get the cash in
BTC-Mining: Eh, would be bad, but not the end of the world.
mircea_popescu: midnightmagic maged is in a shit position, he has to consider idiots.