log☇︎
322100+ entries in 1.802s
mircea_popescu: o hey Diablo-D3... i'm coming over.
Diablo-D3: <god> NO. INSTEAD I SHALL BLESS YOU WITH A FOUR HOUR ERECTION. MAKE GOOD USE OF IT.
mircea_popescu: eh, why should i spend my money on pills.
mircea_popescu: you know when i'll be old and unable to get it up anymore
Diablo-D3: wait wait wait, I think japan has a thing for this
mircea_popescu: this is like... a good price i think
Diablo-D3: I swear to god Im going to buy another machine just so I can put 16gb of memory in it
mircea_popescu: i imagined something like 99%. in retrospect, i have no ideea why
mircea_popescu: i didn't realise "incomplete" means... two thirds or less.
mircea_popescu: "Hi bixcoin, I have good news for you. The email address in your bitcointalk.org profile is not in the list sent from GLBSE so you have nothing to worry about!"
Chaang-Noi: i dont think this court case is going to really do anything but fuck over everyone involved in it with legal fees
Chaang-Noi: i talked to him about this.
Chaang-Noi: i personally think he is getting fucked over by his lawyers
mircea_popescu: i get it.
Chaang-Noi: i dont think you understand what im saying.
Chaang-Noi: i cant post cuz banned
Chaang-Noi: i dont think many people know this, its not on the forum...
Chaang-Noi: i dont think it will go far, but phantomcircuit is 100% sure he will get paid his 60k usd legal fees...
mircea_popescu: true. it'll take a statement of some sort or i dunno
Chaang-Noi: i meant this "MOTION TO QUASH SERVICE OF PROCESS FOR LACK OF PERSONAL JURISDICTION"
Chaang-Noi: im not as in the loop as i once was, but iv not seen it posted anywhere...
Diablo-D3: but I just dont see it happening
Diablo-D3: I mean, I hope giga wins
Diablo-D3: if they dont want to fight for their investment, then I cant help them
mircea_popescu: i mean the math of multiple independent suits. do you think courts work by ballot ?
mircea_popescu: <Diablo-D3> I cant do it alone, even if DMC could afford a lawyer, it needs to be multiple independent complaints and suits against him << who told you this tho ?
gigavps: PsychoticBoy that email is not in either of the lists i have received
Diablo-D3: I cant do it alone, even if DMC could afford a lawyer, it needs to be multiple independent complaints and suits against him
Diablo-D3: gigavps: I find it strange you hired a lawyer though
pigeons: i like the guy on the forum who complained for a few pages and then at the end said, "does this mean my 2 shares of giga are gone?"
PsychoticBoy: nope wont happen gigavps, I can give you my email and btc address and that would be it
PsychoticBoy: I just want to recieve my outstanding div and final buyback
PsychoticBoy: I am man enough to say I did say it but thats not the case
mircea_popescu: <PsychoticBoy> I did not auth so everyone could have said that << ah come on.
gigavps: pm me you email and i'll be sure to have my lawyer contact you on monday
PsychoticBoy: my email and btcaddress I can give you
PsychoticBoy: I own lots (probably more than 100 bonds incl FDBF
PsychoticBoy: I did not auth so everyone could have said that
PsychoticBoy: Should I get scarry? I dont think so
PsychoticBoy: I will invest as much btc a needed to...............
PsychoticBoy: by 2 everyone knows what I mean
Chaang-Noi: might still be able to i mean
Chaang-Noi: i dont think giga got a lawyer as good as mine...
mircea_popescu: i dunno where people get the idea they will receive some replacement bond
mircea_popescu: i bet you he'll offer a cash settlement.
Chaang-Noi: well i guess he is not letting the stuff trade...
Chaang-Noi: i liked that dog barking quote
Namjies: If a government is bent on providing services to the population and public infrastructure, I'd prefer it's budget be levied through a large property tax and luxury tax.
Namjies: or should I say, held
mircea_popescu: November 20 Hey all, I am attempting to start a new business where people can buy and sell bitcoins easily and safely
mircea_popescu: no, what i'm saying is, this detail is not important, i could actually make the claim as well as they could.
mircea_popescu: i could make it just as well.
Namjies: As such I could simply claim with my signed statement from MPEx directly with that person, assuming that person will be making the claim.
mircea_popescu: i don't personally have a glbse acct even.
mircea_popescu: you can try, but gigamining would i imagine point out that it was assigned glbse shares, which is true.
Namjies: GPG signed statements are technically valid legally and I have the signed contract and the signed statement.
mircea_popescu: jcpham hey i forgot to ask, did pirate pay ?
Namjies: those I can claim
Namjies: 37Xish I think
mircea_popescu: it was you that had that spreadsheet i remember, no ?
mircea_popescu: didn;t you hold a bunch of giga on glbse too ? or am i confused
Namjies: I could always check with him if I can make a second claim for my interest in the ETF.
Namjies: Well I'll default on assuming it was an automatic/index one since you didn't charge a fee, even if not specified as such.
smickles: the etf contracts i've read don't explicitly mention the fee
Namjies: Well fine. I'd say so too. I don't believe it's fair to require you to incur the fee now required after GLBSE's fiasco. But the need for simple thing, I still say it doesn't excuse you would have required a proper contract where you had protective clauses for yourself.
mircea_popescu: i still think this is the correct way to make such a passthrough thing
Namjies: As far as I know.
mircea_popescu: now if you imagine that i will out of my own time and money a) go through whatever hoops Y comes up with and b) pay counsel to advise as to whether those hoops are safe
mircea_popescu: basically, the way this worked out is this : i had X owned by Y on exchange Z. exchange Z dissapeared, destroying the records of X. there's some indication of the ownership on the basis of which Y wants to create unspecified something which you assume is X'.
mircea_popescu: and for the record, i'd be rather surprised if what giga offers actually is a weekly btc payout.
mircea_popescu: so in short : i'm glad you see a duty of care for the btc thing. i don't see why you imagine it can be extended into this "free anything forever" construction.
mircea_popescu: do you understand why i'd want a lawyer to research and report as to whether i'd better claim as a real person or as a legal person ?
Namjies: I am uncertain why. It seems you only want to avoid any procedure/work/costs at any price.He simply requires you identify yourself along with a notarized claim that you own X shares.
mircea_popescu: i'd have to research as what i'm accepting them. i'd have to research how can i handle them once accepted. i'd prolly have to take them off mpex. on it goes.
mircea_popescu: and i don't dispute the released lists are some indication of ownership
smickles: aw, i was going to bid 0.001btc
mircea_popescu: i don't see why you think it's good enough for claims. what weigh does it have ?
Namjies: As far as I'm concerned, that's good enough for claims.
mircea_popescu: it's not what i claim, it's what the case is.
mircea_popescu: if they had been dropped by the exchange i could.
Namjies: Well I disagree on that point. When an exchange drops an asset, it usually remains the same asset. An ETF holding it would have to keep the shares even if it implies more administrative costs in managing their ownership off an exchange.
mircea_popescu: so if it has not changed then i don't need to do anything.
mircea_popescu: then there we go. indeed, i don't.
mircea_popescu: that was about the upgrade i think, back in august or w/e
mircea_popescu: i specifically said, even here iirc to you, that i'm not doing anything actively
mircea_popescu: someone like i dunno, prolly not sony, but maybe amd.
mircea_popescu: smickles i imagine towards the end of the year someone's finally going to make a proper asic run.
mircea_popescu: smickles i suspect there's going to be a "real" asic run
mircea_popescu: i'm not pulling anything. you expect something to happen. i ask why,. you say cause you expect it. i say ok.
Namjies: So you're pulling a Joel Katz argument on me? Since it would cause a loss to you to manage the ETF, I should eat the loss too?
mircea_popescu: looky. had you gotten lucky and things went smooth with giga, you'd have made some money, i imagine.
Namjies: No. As far as I'm concerned, all bonds, shares, etc. on GLBSE would remain valid, even without an exchange.
Namjies: [19:45] <Namjies> I don't recall the date. Over a month ago I believe.
Namjies: That's basically the same argument I had against Patrick Harnett when I was defending you Mircea against Joel Katz.
Namjies: I don't recall the date. Over a month ago I believe.
mircea_popescu: you went over it. i never bought your theory.
Namjies: The GLBSE is gone. I'm pretty sure we went over the fact the bonds do not require GLBSE to exist.
smickles: I mean in Namjies argument, if they still exist, then mircea_popescu never stopped owning them
mircea_popescu: i'm doing neither, so it'd seem that's a moot point.
Namjies: I think he's grossly exaggerating the fee to make an affidavit... but yes. He states he will never own less shares than the float. That should be done regardless of requirements if the shares remain valid.