tmsr - Search: i

293100+ entries in 2.49s

tiberiusiv: im argueing why would i go buy coins and have them stored with YOU

tiberiusiv: no i call it a junk fund becuase you are SMALL time

tiberiusiv: why would i store small coins with you?

usagi: Seriously, you're being retarded. You want to talk shit about how I do things and you don't know we deal in small denomination coins and haven't read our contract

tiberiusiv: no i merely stated there is much better options

usagi: The holders are public info on bitfunder, you can check it yourself. I own around 300 shares personally

usagi: If you feel the price is too expensive, perhaps they know something you don't know? I dunno. I don't understand it myself. I just sell silver.

tiberiusiv: yea again why would i go to you when there is more safer, liquid and easier to access options?

usagi: I sure hope not. :)

usagi: really? I heard they were shortt

tiberiusiv: why would i risk money with your junk fund when i can purchase silver futures instead?

tiberiusiv: now why would i want to own an industrial metal

usagi: Yeah well I wish deprived would shut up about how I am selling shares unbacked by silver, but hey, if he has the right to lie then I have the right to correct him.

ThickAsThieves: i have no interest in tusilver but i do trust deprived's abilities

ThickAsThieves: i dont want to get into it but it should be said that usagi's bookkeeping did not stand up to a public audit

seongyupyoo: i need to get going, thanks for all your helps guys. i don't know how this chatroom operates exactly, but i will be back :)

deadweasel: i understand the last part.

seongyupyoo: i see

seongyupyoo: maximilian, escrow does not work for my model because i don't want to be in the middle of people handling their transaction because of USD

usagi: i sell investment grade silver coins, like canadian maples, FMJ 1/2oz rounds, etc.

usagi: All I am concerned with now is providing 1:1 leverage with silver since I believe we are approaching a long-term bottom in silver priced in BTC

seongyupyoo: i feel it must pass the standard of community on reddit in order for it to be adopted and used widely by the whole global community

seongyupyoo: that's true, but i think in this case, it is important to gain validation of smart people especially since bitcoin community has been hurt with so many scams

seongyupyoo: i would prefer to have a system that is good by design than have to hire people to watch over it

seongyupyoo: well sending it back to blockchain is the best way as far as i can tell atm

usagi: That's what I did with my company TU.SILVER. I have a registered CA looking at the books, and a highly trusted community member providing operational oversight

seongyupyoo: if i just leave it as is, i have incentive to make fake accounts and go on a destroying spree

mircea_popescu: alrighty, i'm off. cya tomorro.

usagi: I don't think people are going to be concerned with that if your business takes off

usagi: so I would not try to justify how you do it, just state that you keep the funds "like a library fine" and leave it at that.

maximian: unless I've misunderstood what you're trying to do

usagi: Anyways, I don't like how you explain how you keep the destroyed funds, because until that moment you speak of the funds as "destroyed"

usagi: I assume you are from Korea? Have you been to Jeju island? I hear it is so beautiful.

usagi: I live here in asia you see.

usagi: Oh, I am used to last name first

usagi: if I may call you yupyoo.

usagi: May I give you some free advice yupyoo?

seongyupyoo: yeah i think so... :)

ThickAsThieves: maybe i need to read it better

seongyupyoo: well, i really feel that something like nashx needs to exist for everyone's benefit

seongyupyoo: and i'll post it on reddit again, get feedback

seongyupyoo: yes i will see this through

seongyupyoo: no i don't, i just made something called nashx

seongyupyoo: well someone thought that it was an issue, you're right it might not really be an issue. and it really isn't, but it was brought up, and i can see how some people might see that as risk

usagi: I'm trying to understand this, so, you want to run a mining pool?

seongyupyoo: i'll remedy that by making all transactions and messages between trader and such available for public view

seongyupyoo: 2nd problem was destroying of the destroyed funds, and i'll handle that by sending it back to blockchain as fee

usagi: i don't know what's going on

seongyupyoo: I think I can remedy that by putting nashx under my current business of 7 years -> http://mosaically.com

seongyupyoo: also i figured out a way so that nobody will ever have to risk 100 BTC

seongyupyoo: i think big fee would be fine

seongyupyoo: then i'd need to provide many transation id as a proof of destruction

seongyupyoo: i should start running a pool where i keep the transaction fee lol

ThickAsThieves: you can send more than one tx at once i think

seongyupyoo: well, if i send a lot of small ones, it would be hard for the traders to check their fund was destroyed

seongyupyoo: i identified 4 big issues from all the feedback i gather today

seongyupyoo: i think that settles it then

ThickAsThieves: i think its bad

seongyupyoo: i understand that, i thought there was another way to manually setting input and output

seongyupyoo: i see so it is fee

mircea_popescu: i think you'll have to read up on how bitcoin txs work

ThickAsThieves: you have to send an actual amount (i think) plus a tx fee

seongyupyoo: i'm just trying to clarify how to make a transaction

seongyupyoo: so send money from my wallet to my wallet with 100 input and 1 output if i don't to give back 99?

seongyupyoo: i'm not following you when you say make tx with 100 input to and 1 output

seongyupyoo: so i got that now 1 and 2 are same and you just send to an address that no one has key to

seongyupyoo: i don't know as i don't know how to do either

seongyupyoo: i'm wondering what ways there are to do 1. really destroy bitcoins 2. blackhole it 3. give it back to blockchain

seongyupyoo: cool, so i've been thinking really hard about destorying, and really the only way this system would be viable if the destroy funds are either really destroyed, sent to void, sent back to blockchain somehow

seongyupyoo: hi, i'm back with couple of questions

jcpham: hurt yourself reading what i'm reading

gesell: hmm... well i had a lot of orders at $88 that got fulfilled

pgp3: what do you mean $90... I don't see that anywhere...

gesell: no really, i dont see much on reddit and wasnt around at the time

MJR_: either whipping, sticking eels up horses asses, or making yourself pretty with makeup...how could anyone ever miscontrue what i meant?

mircea_popescu: rather than updating the article i updated the price

mircea_popescu: tbh i think he's just mildly retarded.

MJR_: mircea_popescu: avoid challenges that can't be avoided...hard to explain i guess, but some things have to be done, not talking about wasting effort

jurov: i see the roses i bought were put to good use

jurov: yeq. i went into bitcoin in hope to avoid some challenges, too :D

mircea_popescu: i avoid most challenges. what nao ?!

asciilifeform: mircea_popescu: I'm more of a "reich der zwei" sort of guy

mircea_popescu: i've never met actual meat puppets.

mircea_popescu: asciilifeform i don't believe that separation is a matter of fact.

asciilifeform: mircea_popescu: don't know about you, but I would prefer a system that is up-front about the goal of separating people from meatpuppets, rather than pretending to do a million other inconsequential things

MJR_: i only feel happy when i am overcoming something

MJR_: i suppose...but now i welcome challenges

MJR_: i figured out package management...and all the other things, to get what i wanted

MJR_: so i figured out symbolic links (this was before iOS 1.1) and i figured out filesystems, etc

MJR_: i figured out how to use *nix systems because i didn't have a computer and wanted my iphone to do everything a computer could do

asciilifeform: well yes, and at one point I ran cables. there needs to be an escape hatch, and the process is rather inefficient right now

MJR_: i usually find that i learn the MOST when i have to solve a problem...no problems, no learning

mircea_popescu: i don't think you can safely identify someone that way.

MJR_: point is, i want the person at mcdonalds to know the difference between "only lettuce, tomato and ketchup" and "no mustard, onions or pickles"

mircea_popescu: asciilifeform at the risk of sounding insufficiently misanthropic, i beg to differ.

MJR_: i agreer

MJR_: think of it this way, if schools produce education, i can go to one, and rely on the fact that i will be assumed to be educated

ThickAsThieves: i'm saying we need to at least figure out how to figure out improving education

MJR_: i am educated because i got education

ThickAsThieves: i'm not discussing stats, nor last resorts