log☇︎
1028100+ entries in 0.704s
Rothgar: But they're not
Rothgar: mircea_popescu, I did some sucessful trades with someone who claims to be a neeb
Rothgar: I need to figure something out.
BTCHero: DeaDTerra: even gribble gets autobanned there
BTCHero: 15:04:05 <@imsaguy2> gribble : You may talk again when you learn to behave.
DeaDTerra: He can go throw himself into a wall
Rothgar: I've had two strange trades
farfi: there was spamming there thats why
DeaDTerra: Still pissed about it though
DeaDTerra: fucking censorship, they are suppressing the citizens of the IRC channel. They are centralized :( They are going against the basics of Bitcoins
DeaDTerra: I was going to check when Pirate was last seen i got auto silenced...
Rothgar: Does anyone know what that funny address was about http://1dkybekt5s2gdtv7aqw6rqepavnsryhoym.com/
mircea_popescu: for 3 btc im not locking down the 1k
DeaDTerra: 10% admin fee + 10% insurance for the NAV
DeaDTerra: Though if you take the short investor path you get paid 80% of the profit generated while if you take the long term you can get up to 96.5%
mircea_popescu: ahh, almost sold out then
mircea_popescu: i dunno, i'm better at pointing out flaws than at fixing things.
mircea_popescu: the fact i can take it out any time is worth way more than 5% of 1% or w/e a week.
DeaDTerra: Okay :P Are you saying it's to low of a benefit?
mircea_popescu: if all i get is 5% extra of the profit i don't care you want me to lock down, i won't.
DeaDTerra: It's my responsibility to make sure the fund goes well if it does not then I don't deserve any reward
DeaDTerra: I don't want to take anything if I am not doing well.
mircea_popescu: banks charge fees (much smaller) to capital.
mircea_popescu: is that admin fee calculated to profit or to capital ?
DeaDTerra: didn't think of that :P
ColdHardMetal: allows a bit more flexibility, while still being long term.
DeaDTerra: I just want to make sure there's no major flaw
assbot: HYDRO.BONDS [1@1.73BTC] paid: 0.34271179 BTC. Last price: 1.64 BTC. Capital gain: -0.09 BTC. Total: 0.25271179 BTC. (14.6%)
assbot: Requesting data from GLBSE (might take a while).
DeaDTerra: I am looking to fix that problem with this once and for all. I am also going to contact some of my bigger investors which have pledged to deposit some BTC one the portfolio is cleaned up (almost there)
DeaDTerra: Right now I have been having withdraws queued up for several weeks and due to that I can't take all the investments I want to, the performance have been effected :8
DeaDTerra: It is but I think that this system deals better with the liquidity then the other one.
DeaDTerra: anyways, any thoughts? any flaws or concerns you can see?
DeaDTerra: Hence the system is kind of flawed
DeaDTerra: The fund is always a working process, but right now I am going through some upgrading and infrastructure changes. This one needs to be done due to that, we got to many withdraw requests and we can't liquidate fast enough to pay them.
DeaDTerra: The Pass throughs should be little administration once it's up though.
DeaDTerra: There's a lot I want to do :)
DeaDTerra: I have a lot of balls in the air right now
DeaDTerra: Yes this has nothing to do with the thing I talked about before.
DeaDTerra: but I wish to integrate to GLBSE.
DeaDTerra: 100% transparent
nefario: DeaDTerra: how is the interest rate earned to pay investors?
kakobrekla: i thought you were talking about site
nefario: and block connections to them
nefario: they get a list of all public tor bridges
mircea_popescu: well that kinda defeats the entire point of tor neh ?
mircea_popescu: they can block tor ?!
DeaDTerra: Here's a draft of GBF new infrastructure any thoughts or feedback?
DeaDTerra: Mostly option trading :)
nefario: and thats published to the channel here?
mircea_popescu: ~150k this month
nefario: mircea_popescu: whats the trade volume on mpex?
nefario: and this is a slow month
nefario: GLBSE has done just short of 13K BTC in the last 5 days
nefario: at least it wasn't that good when I last looked at it
nefario: I was under the impression that the monthly volume on mpex is 1/3 of that on GLBSE
mircea_popescu: lol the sheer shock of me owning mpex ruined his interwebz.
gribble: diablo-d3 was last seen in #bitcoin-assets 13 minutes and 25 seconds ago: <Diablo-D3> mircea_popescu: why the fuck do I have to pay you money to be able to own assets on mpex
usagi: Ahh yeah thats it
mod6: anyway, im working on it as often as I can, but my day-job gets in the way a lot.
Rothgar: We need to FLOSS out Microsoft
mod6: i've had to change some stuff around a bit to make it easier. and its important for me to make sure this tool will only grab this data from mpex on a periodic basis, etc.
nefario: is it as far as the GLBSE android app?
mod6: going ok so far. i don't have much in the way of screen shots quite yet.
mircea_popescu: o yea, how's that working ?
mod6: im working on BitOTTer for android too, it's coming along, which will help you non-command line dudes to trade MPEx
mircea_popescu: this is like the FOSS : bring your own!
usagi: LIke a fine soup that has no pepper
usagi: Dunno I just think there's something missing
mircea_popescu: well so then ?
usagi: Oh I saw the numbers
mircea_popescu: usagi get real. mpex sells more than glbse by a large margin.
usagi: You need to think about that
usagi: You have a very narrow target market and that market exists to pass thru your securities to GLBSE.
mircea_popescu: bearbones yea. if you're not interested tho, as they say, there's brokers or passthrough on glbse.
usagi: Smickles might be able to save you
mircea_popescu: usagi in what terms ?
bearbones: dude, 20btc to join? :o
usagi: The real problem with mpex, mircea, is that it just isn't competitive
mircea_popescu: bearbones yes, there's a python script to make access easier. i'll also need your gpg public key and 20 btc.
mircea_popescu: Diablo-D3 well... it's a select club. either bring many topless ho's or else money.
usagi: If you want to buy satoshidice
Diablo-D3: mircea_popescu: why the fuck do I have to pay you money to be able to own assets on mpex
bearbones: mircea, I'd like to purchase some of evoorhees's satoshi dice shares.
Diablo-D3: dude, you just randomly showed up in this channel one day
mircea_popescu: why you think it's called MP Ex ?
Diablo-D3: then why the fuck is mpex such shit
bearbones: mircea, I head you run mpex. is that true?
Rothgar: Anyway 1970 was the year drugs were banned
mircea_popescu: mkay, well, im not really an expert on the matter
Rothgar: In Massachusetts, first law to limit alcohol availability in U.S.-- forbade selling to Indians.
Diablo-D3: In 1924, the United States Congress banned its sale, importation or manufacture
mircea_popescu: that's not the first, it's just the last.
nefario: but not the UK :p
mircea_popescu: im pretty sure heroin was made illegal before alcohol in the us
Rothgar: No drug laws started in the 1970's
mircea_popescu: Rothgar hard to know what would be if.
Rothgar: and the laws do nothing to prevent people form stealing
Rothgar: Your argument is an argument not to sell heroin in your store. It doesn't justify breaking into people's homes to justify heroin
nefario: and effect people other than themselves