smickles: yeah, but the speed of you proposal come at a cost

smickles: it would be a lot less complicated if there were some kind of deposit section

smickles: add dividends to that list

smickles: alright, after some thought, I think watching the mpex address and my mpex accout balance (while accounting for debits and credits from purchases, sales, surety, and outstanding orders) would work

smickles: or, i suppose the format would be more like :On Sat, 26 May 12 00:30:47 from 1BtCaddY~~ the sum of 0.34524457 BTC

smickles: mircea_popescu: are you so unwilling/unable to have a line in the STAT similar to the Dividend receipts section which shows recent deposits?

smickles: I would only be charged for use of the margin if i exceeded the amount of btc which I had in the mpex account, right?

smickles: oh, i forgot you offered that

smickles: user deposits 100 btc with me, user wants to spend that 100 asap

smickles: mircea_popescu: but what about when the sum of the users requests exceeds the amount of btc which is in the mpex account?

smickles: is there no better way?

smickles: hmm, if i wait to credit their account until I see the tx on the mpex addy, plus wait to see that amount hit my mpex funds, would that be enought to thwart a malicious user?

smickles: which doesn't require me to hold lots of btc to float users

smickles: i just want to figure out an 'ironclad' way of doing this

smickles: user was told to deposit 1.0023232 btc; user sell something to receive exactly that

smickles: and if I just wait for that specific amout to show up in my mpex account, i'm sure a clever scammer could engineer a way to fool my system and basically get a duplicate deposit

smickles: and that's assuming only one user

smickles: mircea_popescu: but say my mpex acout has 10 btc in it, the user deposits 100 btc (to my wallet), i have to confirm that, forward it to mpex and wait for the funds to show up in the CxBTC before they can do anything over 10BTC

smickles: mircea_popescu: if i had some confirmation of funds being available in a STAT, i could safely have the user send a deposit directly

smickles: darn, i was hoping to avoid making the deposit process longer

smickles: mircea_popescu: then a user could take advantage of me

smickles: thanks for the attempt, but that really didn't help my quest :)

smickles: Diablo-D3: for funds to be available for use in an mpex account?

smickles: mircea_popescu: i would need to know when the funds became available in the account. is that not done manually?

smickles: i'm just going to have to do a bunch of addition and subtraction to verify actualization of deposits in order to have mpex sub-accounts, arn't i

smickles: ug, mircea_popescu, what am i missing here. Is there a way to see that a deposit has made it into an mpex accout other than seeing that the account balance is higher?

smickles: mircea_popescu: lol, it's the apache default cert

smickles: (nothing at that url yet)

smickles: ok, i should call this thing "smickles' MPEX" or "SMEx" for short

smickles: mircea_popescu: well, i'm making db tables of my own to hold data for mpex sub-accounts

smickles: mircea_popescu: i wonder if i'm replicating your database tables, just with different names

smickles: imo, the hard part is getting it to find, acquire, and setup the hosting

smickles: besides, the whole thing would be a bot anyway

smickles: EskimoBob: yeah, but we can't leave evil out of sci-fi stuff like this

smickles: that way the market maker's code can be updated

smickles: mircea_popescu: how about the lantern is just the options exchange, the market is made by it's users and your /independant/ market making bot

smickles: mircea_popescu: what? ppl cant hold shares in some autonomous program with no human controller? what's the problem of ipo in that situation?