log☇︎
1028000+ entries in 0.798s
BTC-Mining: Also, if anyone has shares with no volume to sell down into, query me, might be interested to buy them at a discount
DeaDTerra: Good night guys, don't let the impostor get you ;)
JohnSmith777: They would just have to sell it at a lower decimal point
JohnSmith777: IF there is price fluctuation
JohnSmith777: Yeah, that too
usagi: I don't see the connection
JohnSmith777: I think Evoorhees thinking is that it will help liquidity.
usagi: It doesn't matter how it internally represents the share price
JohnSmith777: Most starting companies IPO that way.
usagi: Whats with the sub-bitcent ipos, seriously
JohnSmith777: Welcome to the world of Penny Stocks
usagi: Why the hell are millions of shartes being created when each one is worth less than a penny
DeaDTerra: I want to make sure I keep the backing on a good level
DeaDTerra: I issue and sell more shares as the once I have put up sells out.
DeaDTerra: It's indeed a pass through :)
JohnSmith777: That's a lot of shares on the market.
smickles: and tomorrow, 3 million more at .0036]
smickles: JohnSmith777: well, that's because the glbse thing is just a passthru
JohnSmith777: Thus I buy with an expectation to sell higher.
JohnSmith777: People are underestimating Satoshi Dice and it just took a massive plunge.
smickles: no, we're prolly going to issue a bond, rather than more shares in ss
Azelphur: so I can continue this funny buy at 1, sell at 2.5, buy at 2, sell at 2.8 loop
Azelphur: smickles: then you need to do another issuance at 2.5 :p
smickles: once this pirate thing settles, imsaguy and i will get the NAV of SS bact to where that 2.8 will fill
Azelphur: and most of the first
Azelphur: I bought the entire second issuance
BTCHero: 30 of them he won't sell for any price
bitfoo: yeah, I remember some meme about that
Azelphur: bitfoo: I'm the guy with the 200@2.8 on there haha
JohnSmith777: smickles: I'll take a look : )
smickles: well, JohnSmith777 i'd like to make sure you are aware of the things i'm involved in
bitfoo: there's not much sell depth to it anyway
bitfoo: has the bot been doing well?
JohnSmith777: Because this just in a big penny stock bubble: https://glbse.com/asset/view/GMVT-BOT
JohnSmith777: Okay, what are some worthwhile investments on the GLBSE?
bitfoo: yeah, I'm reasonably convinced there are private deposit addresses
smickles: so there we go, it would seem no need to even ask now
smickles: bitfoo: however, since at least one tx is that way, ...
bitfoo: like the 1JP
bitfoo: the first address is the public one
bitfoo: for example, look at this tx: http://blockchain.info/tx-index/17077706/39d523221b9841e5a9dfde6daa29d774048422f8f25663a9e5a19a8e7fdc5975
smickles: bitfoo: it could be that he sends withdrawals from another wallet
bitfoo: so there's verifiable proof that it's not only 9k
bitfoo: if you look at the spends on the public address, you'll see that it's mixed up with other addresses that have received way more
smickles: most of the top threads are of that ilk
rdponticelli: Nothing but witch hunts on the forums latrly :S
smickles: myself and a couple otheres were discussing things
smickles: if not you, then nobody
smickles: only because you think he and the pr chick are the same person
rdponticelli: It's getting tiresome
smickles: it's kinda silly to ask for verification and not know how that information can be verified
smickles: ciuciu: afaik, verification of information only works when it's possible to verify
smickles: and the satoshi client does not allow you to easily control a sendfrom address, so checking withdrawals probably wouldn't work
smickles: ciuciu: no, but in this case, how can you verify the information?
smickles: if mircea_popescu betrayed one of thos addresses, it would spoil the idea
smickles: as in, i don't want it publicly know that i'm sending 5k btc to mpex, so give me a nonstandard deposit address
smickles: the reason there would be other deposit addys is to keep deposits from public knowledge
smickles: ciuciu: would you seriously doubt an explanation would come when the question asked?
gribble: #9826 Sat Aug 25 13:45:41 2012 smickles BUY 244.0 mpexbtc @ 244 mpexbtc (I have a deposit in the works, but would like to make an order now, so I'm looking for someone to float me some mpexbtc)
smickles: ciuciu: then also consider that margin would be included in the daily average
smickles: ciuciu: very doubtfull that the one addy is used for all deposits
rdponticelli: But for large deposits. Otherwise, again, not worth the hassle :D
bitfoo: I'd rather he used individual addresses anyway. It's cheap enough to generate them.
bitfoo: ^ yeah, that's the most likely explanation
smickles: i'd bet, that if you were going to deposite a large amount, and didn't want it public knowledge
rdponticelli: ;;later tell mircea_popescu <smickles> rdponticelli: it'd be a good question to put to mircea_popescu, how come only 9k has been sent to the deposti addy
bitfoo: if the forum FUDders hear about this there will be a riot :P
smickles: rdponticelli: it'd be a good question to put to mircea_popescu, how come only 9k has been sent to the deposti addy
rdponticelli: It seems that some must have some "generous" leverage
rdponticelli: Yea, I tough so
smickles: rdponticelli: each person gets custom tailored margin
smickles: if that addy is the only way to deposit, then yeah, seems most is leveraged
rdponticelli: What leverage are they allowing?
rdponticelli: So, most of the volume is on margin?
bitfoo: because the claimed daily average is ~ 5K BTC
smickles: margin being one of them
smickles: there are other ways to get funds in
bitfoo: and as far as I know there is only a single deposit address for the exchange
bitfoo: what's interesting though, is that the address has only ever received 9494 BTC
bitfoo: hehe, no worries, happens to the best of us
bitfoo: that doesn't matter right, deposits can easily be watched without the private key
smickles: deposits may be this way because the wallet is offline
bitfoo: my thoughts exactly
smickles: but for 'the hassle' i can probably just wait for the deposit to go thru
bitfoo: yeah, I have 4, but I assume that's pointless when you're looking for a couple hundred :)
rdponticelli: Would it be worth the hassle?
smickles: thanks for you consideration tho :)
bitfoo: sorry, used it all up today
smickles: anyone able to float me a couple hundred mpexbtc until mircea can confirm a deposit?
assbot: GIGAMINING [1@1.55BTC] paid: 0.39930096 BTC. Last price: 0.895 BTC. Capital gain: -0.655 BTC. Total: -0.25569904 BTC. (-16.5%)
assbot: Requesting data from GLBSE (might take a while).
EskimoBob: only 2 trades at that price so it's more like 1.55+
assbot: GIGAMINING [1@1.25BTC] paid: 0.39930096 BTC. Last price: 0.895 BTC. Capital gain: -0.355 BTC. Total: 0.04430096 BTC. (3.5%)
assbot: Requesting data from GLBSE (might take a while).
Rothgar: I had to register too, and I wasn't as prominent
Rothgar: when I started with this OTC someone would use my nick
DeaDTerra: No problems, I want to avoid scams as much as anyone else
Rothgar: DeaDTerra, thanks for preventing scams
bitfoo: that way, if someone tries to impersonate you, they'll be kicked out if they don't authenticate
mircea_popescu: o which reminds me : DeaDTerra register your name with nickserv! you jhad an impostor earlier tryingto defraud people