124900+ entries in 2.922s
midnightmagic: Don'
t super-rich people usually rely on other people to tell them what's going on?
midnightmagic: I would offer that people who would believe gmaxwell's partial multisig signatures means he owned millions of dollars maybe aren'
t the sort of people you want to be getting into bed in business with anyway.
mircea_popescu: all im saying is i wouldn'
t participate inter alia because i have not any way of knowing this isn'
t the case.
midnightmagic: he couldn'
t prove he owned them because he could prove he was able to make *all* of the signatures in the multisig. only a fraction of them.
mircea_popescu: privately, however, if some idiot doesn;'
t know about all this, we have what may be construed as a very fat wallet G
approxprime: dub: i thought gmax didn'
t like gpumax b/c it gave financial incentive to undermine the mineing network
midnightmagic: dub: What he's doing involves two or three (or more) parties who are taking an enormous risk that the outputs won'
t be used for nefarious purposes.
midnightmagic: lol but we can'
t move on without detailing the method of identity collapse.
dub: midnightmagic: so what he's doing isn'
t making laundry of btc unnecessary?
midnightmagic: mircea_popescu: It means that gmaxwell can'
t prove to buffett that he owns those coins; and that his purpose isn'
t to put on a tweed coat and a bowler's hat and smoke a pipe and say he's rich.
midnightmagic: I interpret the ~= to mean that some addresses overlap or can be related to the addresses prior, but that's what I say can'
t be related unless the owner of the outputs of the transactions signs a non-multisig transaction that requires A' *and* A addresses together in a single-output txn, *and* we assume that people would automatically steal from one another if they could.
mircea_popescu: but it may well be to show someone who doesn'
t read the forum that he has a huge wallet.
midnightmagic: so he couldn'
t go to buffett and prove he owns the coins without lying to him and claiming that "that one txn right there proves i could have controlled x money" because he can'
t forge the signature of the address from the bigspender.
midnightmagic: how does he prove to buffett that he "owns" the address from which the money came from? he can'
t.
mircea_popescu: buffett has a dim understanding of taint and blockchain and doesn'
t read the forum
midnightmagic: it's impossible, he doesn'
t have sole signing authority of a multisig.
mircea_popescu: midnightmagic you don'
t send the 5th 1k block till you got the 4th to your addy
midnightmagic: well, in that case, at the very least, there's a trust thing which can'
t be cryptographically avoided, unless you are doing multisig similar to what gmaxwell is.
midnightmagic: mircea_popescu: A little while ago, dub was saying he doesn'
t understand gmaxwell's mixer thing. It's not really a mixer, it's guaranteed to be essentially impossible to disentangle those sorts of transactions due to the fungibility of bitcoin.
smickles: and make sure they don'
t know whats being tested
jcpham: my data doesn'
t support that hypothesis
DeadWeasel: true, they can'
t even control it as is.
DeadWeasel: can'
t run a country on volatility like this. maybe later.
jurov: we'll see how it goes after we open it. just that i think that buying future at 0.075 , while expected cover may be 0.0095 or maybe more isn'
t so attractive
jurov: yes, but the buyer doesn'
t know where it is exactly. especially if previous quarters are mixed in
markedathome: doesn'
t really matter, you could make any sequence of chars out of something if you look hard enough. took me a while to get smpoe
jurov: oh Bugpowder you weren;
t around when i discussed the mpex idiffs ?
jurov: yeah, rally right after i sold some...but i can'
t wait longer
jurov: hmm, stat says IMMCover is 1.95470556 so it's a bit more... but still we don'
t know how much cover others provided
jurov: and buyers don'
t know what to expect, let's have practical example
mircea_popescu: listen, most people with that sort of nonsense outlook aren'
t on mpex
Bowjob: I find it a bit strange that mpex dice shares haven'
t lost value while Havelock's are a bit down
assbot: It's so strange that you don'
t remember any of your poetry.
smickles: don'
t look at me, i just leveraged long
burnside: I'd rather not end up with all this attention. But I can'
t leave other users confused based on posts of a competing exchange operator. You of all people should be able to wrap your brain around that.
burnside: I think we've come full circle: [15:00] <burnside> Ukto, just so we're clear. Anytime you post something that is incorrect, wrong, or misleading, I'm going to post a follow up with the truth. If that bothers you, I'm sorry, but it has to be done. If you don'
t want to be called a liar, then don'
t say definitively that something is true when it is not.
burnside: that may be, but I don'
t think so. I haven'
t made anything up about BitFunder and stated it as fact.
burnside: I don'
t say anything about bid depth or order depth on the market.
burnside: we don'
t make any claims anywhere for "XX in bids are up across the whole exchange RIGHT NOW"
Namworld: yeah. Orderbook is true only for the asset you're currently looking at... I don'
t see the problem with bids on other assets disappearing upon filling that orderbook
pigeons: just don'
t accept the order
pigeons: it isn'
t transparent how it chose
pigeons: the question is when do orders you can'
t afford get cancelled
burnside: you can'
t put 6 4 btc bids with 20 btc...
burnside: Ukto, just so we're clear. Anytime you post something that is incorrect, wrong, or misleading, I'm going to post a follow up with the truth. If that bothers you, I'm sorry, but it has to be done. If you don'
t want to be called a liar, then don'
t say definitively that something is true when it is not.
jcpham: i haven'
t read ny of the forum fud
jcpham: if definitely isn'
t leading the power consumption race
jcpham: i didn'
t believe it though
jcpham: that's not a minirig and it isn'
t GPU's
mircea_popescu: i guess this is why Diablo-D3 doesn'
t have a propertah
smickles: dub: are you sure they don'
t just have the right to the land, and if the river moves off the land, that's why they lost it
dub: you have people diverting whole rivers, wasting the water because if they don'
t take it they'll lose the rights they bought off indians
smickles: < Diablo-D3> is start buying water and air rights << iirc, in 'merica those don'
t technically exist
jurov: okay. but really, couldn'
t be the futures covered by S.MPOE for example?
mircea_popescu: but then again i guess miners aren'
t (yet) too sophisticated, financially.
mircea_popescu: they should be pretty straightforward, i have no idea why people don'
t use them a lot more.
burnside: well, one of the key things I don'
t want are the ponzi kind of things to take off, so tot volume on those just ends up being a promotion...
burnside: yeah, one of the reasons I don'
t like it much.
burnside: I still don'
t like it much, but it's better than it was
mircea_popescu: market order guarantees execution, doesn'
t guarantee price
mircea_popescu: limit order guarantees price, doesn'
t guarantee execution
mod6: you couldn'
t cover the trade
burnside: he's been on the exchange long enough to know it doesn'
t work like that.
burnside: jurov, yeah, I do. I don'
t have a pr person to set ppl straight like MP, gotta do it myself. :(
mircea_popescu: and for that matter naive investment doesn'
t work too well in fiat anyway.
mircea_popescu: we don'
t yet have the infrastructure to support naive investment,
DeadWeasel: seems like the best way to get us ignorant folk into the game. but maybe ignorant folk in the asset game is a bad thing. i don'
t know.
dust-otc: I admit that it is possible that Avalon/BFL are scams, especially BFL, but I don'
t think it is likely
mircea_popescu: and i can'
t bring myself to throw 100 btc on this either, im not invested in them either way
dust-otc: that they aren'
t a scam, which requires that they ship, even if slightly delayed/ out of spec
dust-otc: I don'
t like the variable odds
pizzaman1337: what do you do for a living? if you don'
t mind me asking
DeadWeasel: no sorry, i was registering my nick, text cleared it all off, didn'
t see it
mircea_popescu: that ? isn'
t that supposed to be a gravestone, ie, end of trend ?
Bugpowder: this one isn'
t sure what she wants to do.
mircea_popescu: iz it wouldn'
t surprise me if it were an old client. who knows
smickles: lol, don'
t use the same random number over and over again
mod6: well, i personally wasn'
t used to the idea of 2500 sat. as 0.00002500 -- but yeah, i can do without the seperators
smickles: i didn'
t, and having them there is annoying
smickles: iz: i've only found issues with securities as liabilities and that it doesn'
t directly or easily support bitcoin