127800+ entries in 3.407s
copumpkin: you can'
t cite unknowable lawyerspeak
mircea_popescu: you know, like if you don'
t make the mortgage payments cause your cat was sick
mircea_popescu: BTC-Mining yes, that's the principle of the thing. when someone says they do something and then they don'
t do it, they get some time before being cut off
copumpkin: I don'
t mind moderate amounts of it, but doing it for its own sake is silly
copumpkin: nah, I actually didn'
t join a frat in college
mircea_popescu: yes man, which is why we weren'
t having this conversation on the 15th
mircea_popescu: i wouldn'
t erase the data right away on general principle.
BTC-Mining: Eh, I thought so too. 1 month is just a token period. You'd erase the data right away if it wouldn'
t raise protest. You already consider it gone.
BTC-Mining: He got a scammer tag because Theymos was a shareholder and got screwed in this because Nefario doesn'
t recognize their decisive power because he claims he can'
t honor requests that would make him break the law.
BTC-Mining: We didn'
t wait a month, that's the thing.
mircea_popescu: i don'
t claim it's perfect or anything, should carry the day
mircea_popescu: still doesn'
t indicate why six months is more reasonable than six weeks
smickles: BTC-Mining: didn'
t you claim to have bought a bunch of f.giga when glbse went down?
BTC-Mining: He didn'
t get the shares unintentionally. He bought them to then sell fractional claims to them.
smickles: BTC-Mining: involuntary bailee seems to say that if someone is in possesion of something that isn'
t theirs, and they came by this possesion unintintionally, then they are not responsible to the real owner for what happens to it
BTC-Mining: You don'
t have them now, no... That's not what I said either.
mircea_popescu: if i had 1k bonds this discussion wouldn'
t exist, i'd be paying dividends on them lol.
mircea_popescu: BTC-Mining because you can'
t force somebody to hold something for you at their expense ?
BTC-Mining: Delays for data recovery can never be determined exactly. I don'
t see why it would require to be proven to be acceptable or not.
mircea_popescu: showing that it's not convenient in this particular case isn'
t much.
mircea_popescu: you keep refering to nefario as if he's relevant. i don'
t see why he is relevant at all.
BTC-Mining: Because any individual, especially when dealing with them personnally, can often report to later for months to a few years before resolving the dispute or admitting he can'
t. And Nefario admitted he wouldn'
t accept any decision by GLBSE shareholder and would act however he wished to protect himself.
mircea_popescu: BTC-Mining i don'
t dispute, a long delay. why's 2 months not a long delay tho.
mircea_popescu: smickles in any event, i don'
t think escheat would be the controlling doctrine. more like treasure trove or somesuch
BTC-Mining: Yes it's an opinion. Based on the fact Nefario has been unreliable and he doesn'
t have an history of completing task this fast. So I find it unreasonable to give a delay of 1 month.
BTC-Mining: I don'
t expect 30 years. I'm just asking, suppose the data is released in the next few months, would you honor the most recent information?
BTC-Mining: I wasn'
t answering to smickles... in hindsight, I was answering the "lol, srsly", but it was probably destined to smickles.
mircea_popescu: didn'
t you just say above you understand there will have to be some limit ?!
BTC-Mining: But you won'
t keep your side of the data or honor anything, am I right?
mircea_popescu: BTC-Mining i can'
t delete "all data" man. the signed stats will forever exist.
mircea_popescu: smickles i didn'
t want to do it, i asked at the time to keep it private, but eventually didn'
t want to cause trouble.
smickles: what am I going to do with all this btc if i don'
t get infos
mircea_popescu: BTC-Mining i still don'
t understand why would he not have issued the assets, if he's gonna do it.
BTC-Mining: He didn'
t run away with >>ALL<< the funds
smickles: BTC-Mining: "... He didn'
t run away with all the funds. ..." << um actually you can'
t quite say this, only 2 of my 3 accounts received btc back
mircea_popescu: well so i said it's kept a month, you want it to be kept two. am i correct in inferring that at least in principle you don'
t see a problem, and you mostly dispute the actual time interval ?
BTC-Mining: If Nefario is screwing things up or being slow, it wouldn'
t excuse you from doing just as much in return. Plus it opens you to accusations. You should keep the data for at least more than 2 months is what I am saying.
kuzetsa: isn'
t FUD surrounding GLBSE good for your business?
kuzetsa: mircea_popescu: the glbse flaming and whatnot... don'
t you have ties to a competing exchange? as such, isn'
BTC-Mining: If you don'
t know the facts, he claims to have asked the FSA about it long ago but they claimed not to be concerned by anything Bitcoins related. (Probably miscommunication). Trying to go legal, he consulted again and was told to stop or he could be charged.
mircea_popescu: i still don'
t see how any of this makes any sense or amounts to an actual challenge
BTC-Mining: But he seemed quite concerned of the legalities when he closed. He didn'
t run away with all the funds. He did take time to start processing. He's probably still concerned.
mircea_popescu: now, i haven'
t DONE THIS FIRST, but announced it with ample time in advance exactly so as to have the opportunity for this sort of conversation
BTC-Mining: It's not like someone lost at see who is declared as such because he can'
t survive too long in the open sea so all efforts should be abandoned. Shares can'
t die, even if lost for years.
BTC-Mining: the traded company and their stock don'
t exist without the stock exchange. So he'll delete all his records of which stocks that he held in my name because he consider the ship lost at see. And if data comes back: "Oh sorry. Can'
t give you anything, I don'
t have records showing what I owe you."
BTC-Mining: The shares were traded on GLBSE. But GLBSE was never the ship. It never mined or produced the returns. It was merely sending the ship where it was to be delivered. Now the ship doesn'
t know where to go.
BTC-Mining: I don'
t see how GLBSE is the ship. The ship is Gigavps's mining operation.
BTC-Mining: Probably because they consist on thousands upon thousands of tickets looking like: "I haven'
t received my balance yet. Why?"
BTC-Mining: Nefario still talked to a few people recently. But doesn'
t answer publicly or to support requests.
BTC-Mining: GLBSE simply either hasn'
t released who had how many shares.
mircea_popescu: nah, if it doesn'
t come to its senses by dec 1st it's not getting reinstated.
BTC-Mining: Hmm, but the data does exist. Wouldn'
t a simple backup of the tables containing the data for the ETF be enough?
BTC-Mining: Keeping the data aside doesn'
t cost much logistically.
BTC-Mining: I have no idea what proportion of holders gave their info to be sent to issuer. I would go more by the lack of complaints that some submitted their info and weren'
t included in the list sent to issuer.
mircea_popescu: mk, so wanna bet the shareholder lists aren'
t released by feb 1st ?
BTC-Mining: But seeing as he sent payments (the good amounts) to many and it's not completed after one month, it doesn'
t look like he lost the database. But he's been incredibly slow.
smickles: wow, i'ven'
t the mind to understand that
mircea_popescu: "he also lied about having an OTC rating at the time if the transaction to get me to send first. I was knew and didn'
t know what OCT was then and was desperate for money so I foolishly agreed."
smickles: or they see it as an investment where they want a return in usd terms, they don'
t care about btc value fluctuations
mircea_popescu: ya, except for a couple : one that doesn'
t try to time and another that got there by accident.
copumpkin: unless there's external information that he hasn'
t factored in
copumpkin: assuming he doesn'
t have a silly strategy, they're probably no better to buy
jurov: it does not need extra trust, i don'
t see a problem doing it for anyone
BTC-Mining: Sale of verification excluded of course... why require verification for something you don'
t care if it's chargebacked.
smickles: kakobrekla: i didn'
t know that bitcoin was around back in the '90s
smickles: after the daylight savings time change, it won'
t be mt anymore
EskimoBob: Diablo-D3: what law? It a fkn half ass anonymous internet cesspool and this amateurish copy/paste legaleese crap ain'
t helping
OneMiner: thestringpuller sill, even if they release the ASICs sooner that will just cause the difficulty to go up sooner. Being first is important, reward drop isn'
t so much.
OneMiner: Reward drop dosen'
t matter with ASICs. One week of double reward won'
t matter over the lifetime of the hardware.
gigavps: if you haven'
t done your calculations with 25 btc blocks, you shouldn'
t be mining
kuzetsa: I don'
t wish to do any further reading on the matter.
kuzetsa: mircea_popescu: I don'
t understand. israel isn'
t structured in such a way as to have a royal family / nobles / prince and princess I didn'
t think.
mircea_popescu: they don'
t have a bunch of jewish princesses lined up in guangzhou
knotwork: micrea there is something to do: mine coins! central banks aren'
t mining enough!
mircea_popescu: the uninformed public will for sure frame it as "central banks aren'
t doing enough!!11"