log☇︎
323500+ entries in 0.203s
nubbins`: shinohai what's that, a joke? spamming the chan with a video about spam?
jurov: lel can i imagine how would hanbot go if nefario, inaba or anyone billed such "expenses" to their shareholders
nubbins`: PeterL that's your perogative. i would keep them.
PeterL: as a lucky bettor, I would be willing to refund the extra winnings, minus a "processing fee"
nubbins`: mircea_popescu seems to feel that fraud accusations have no place in #b-a
nubbins`: PeterL i would, yes. mp would not expect the lucky bettors to refund him.
nubbins`: <+asciilifeform>nubbins` also seems to be arguing that he has some sort of vote in how bbet is run ? <<<...what? link plz.
mircea_popescu: really... could we conduct the nutso convention on tardstalk, reddit or whatever usual venue ?
PeterL: <nubbins`> if i send the light company $100 cash in the mail because i think my employer is behind on their bills, but it turns out they weren't and everything was just fine, i wouldn't expect my employer to give my $100 back. << you would expect the power company to refund you
asciilifeform: and hey there's mircea_popescu .
asciilifeform: or ought to ? or what.
asciilifeform: nubbins` also seems to be arguing that he has some sort of vote in how bbet is run ?
mircea_popescu shudders to think what happens if a woman tells nubbins off or something
danielpbarron: incidently it's none of our places to say what it was worth
mircea_popescu: lol check it out, still with this ?
nubbins`: charging tx B to bitbet's liabilities was sinful.
PeterL: I would say getting the bets paid is not worth 17 btc
asciilifeform: because of where its inputs had to have come from.
asciilifeform: i think nubbins` was arguing that sending tx b. was sinful.
danielpbarron: i thought this was a principled stand. Now it's just that 17 was too much to pay?
PeterL: if the cost is worth the reputation of bitbet paying out thier winnings, then he should pay it
nubbins`: come back to earth
nubbins`: danielpbarron you're inventing hypothetical situations and saying "apparently this'd be fraud"
danielpbarron: yeah that's a non-starter
jurov: danielpbarron: miner would ask much less than 17btc, dontcha think?
nubbins`: <+PeterL>should he ask the bettors to refund the money? <<< probably not.
nubbins`: or if hanbot contributed anything useful to the realm
PeterL: danielpbarron we would be asking him to talk to a miner and have the txn included in a block
nubbins`: i'm curious what would be the argument if mp had a vagina
nubbins`: why that specific non-occurrence, anyway?
nubbins`: danielpbarron why are you curious about something that didn't happen?
nubbins`: if i send the light company $100 cash in the mail because i think my employer is behind on their bills, but it turns out they weren't and everything was just fine, i wouldn't expect my employer to give my $100 back.
danielpbarron: i'm curious what would be the argument today if there had never been a transaction B, and transactions A1-An were still nowhere to be found..
PeterL: should he ask the bettors to refund the money?
PeterL: it was an overpayment, yes, just like this is an overpayment
nubbins`: paying the light bill is when the company purchases a service (light) for money
PeterL: he did have a loan from MPIF in the past (to cover a previous mistake), so bitbet having a loan has precedence
danielpbarron: trinque, and since the alternative was apparently liquidating bbet shares at 0.00001 btc per share, it's absurd that anyone arguing in favor of this outcome has the shareholders interests at heart
ben_vouspes: PeterL: ah, that's simple! traders get fired as soon as they mean revert.
jurov: is sending zerofee tx acting in good faith?
jurov: PeterL: that's question of good faith
trinque: "I unilaterally decided to loan the company X amount emergency funds to keep the lights on." << this is not unheard of, if the officer who made the decision had the power to do so
PeterL: think of it this way: guy makes a bad investment and loses money for his firm, does he have to personally repay it or does the company take the loss?
danielpbarron: i don't agree with the stupid mistake hypothesis either
nubbins`: PeterL the thing about stupid mistakes is that if you realize they've happened and you DON'T CORRECT THEM, they turn into fraud.
trinque: insofar as an agreement between the owners defines such things
trinque: but that's entirely relevant; management/owners *do* get to make those kinds of decisions
PeterL: for the record, I view it as a stupid mistake on mp's part, not fraud, so I am fine with having sold my shares I will just let things be
ben_vulpes: nubbins`: well i do but that's a special case.
nubbins`: ben_vulpes not trivially, you'd actually have to click a mouse a bunch of times or w/e
nubbins`: ben_vulpes if you pay the pizza guy with your own money, EVEN IF YOU'RE AT WORK, you don't get to automatically bill work for the pizza.
ben_vulpes: ah well that's trivially answerable is it not? ☟︎
jurov: and the picture is, that some people think that bitbet's funds are at full disposal of mircea_popescu and he can send zerofee tx and all is okay... while coinbr, somehow can not, because "broker"?
nubbins`: ben_vulpes that transaction B was popescu's personal funds, which he sent of his own free will, AKA a generous donation to bettors.
danielpbarron: PeterL, i've never run a business, i don't know if those things are needed or what
ben_vulpes: nubbins`: and what precisely the claim's root? that mircea_popescu paid twice? that the funds were his and the loan a breach of contract?
danielpbarron: when that bbet february statement came out, i read it and breathed a sigh of relief, not knowing how controversial it apparently was
jurov: ben_vulpes: mpex withdrawals don't come into picture, my withdrawals would, if i sent them zerofee
PeterL: danielpbarron if mircea_popescu had sent the funds to his wallet and spent them on hookers and blow, would that count as fraud or would you let him asses that as "the cost of doing business"?
nubbins`: everything else is a discussion surrounding that, or idiots telling adults not to have the discussion
nubbins`: danielpbarron that disagreement is essentially the only one on the table
ben_vulpes: jurov: how frequently do mpex withdrawals go out with 0-fee txns?
danielpbarron: i don't agree there was any fraud
danielpbarron: well isn't that the expectation? the whole point of the broker is to hold the funds, and place the orders on my behalf..
nubbins`: danielpbarron you're steadfastly dodging the point that MP's fraudulent math is the issue. IDGAF if it's bbet or him and vexual playing dice
PeterL: danielpbarron they have an expectation that their funds will be used with fiduciary integrity
danielpbarron: jurov, i don't see the relation. shareholders of bbet never had an expection to control what happens with bbet funds
nubbins`: he doesn't wanna list a scam fund any more than kako wants to own one
nubbins`: ^ as admin of CoinBr, the current situation directly affects jurov. maybe that's why jurov and kako are the only ones not 100% complicit in this scheme
jurov: being loud at the forum
trinque: what is the else?
jurov: trinque so, i'll throw your funds at coinbr by sending around zerofee tx, malformed mpex requests, etc. you'll only negrate me and do nothing else?
danielpbarron: not this time of year no
nubbins`: don't feel like it. what's with all the imperatives? nobody to boss around in the trailer park?
danielpbarron: so go start a forum thread
nubbins` invites all to count the number of pages of woodcollector threads on the forum
nubbins`: jurov a blessing from the king will do that.
trinque: define fraud in the context of an unregistered corporation, and what the recourse shall be under no laws which define fraud?
jurov: asciilifeform: so if i have an opinion about a fraud that does not directyl concern mne, i should stay silent? cuz this is not a democracy?
nubbins`: what i do give a shit about is people owning up to their mistakes
PeterL: you could short the stock?
nubbins`: trinque i'd like to think i've provided facts in an offensive manner
asciilifeform: this stock, that i never had.
asciilifeform: and if i did, the stock doesn't even vote.
asciilifeform: what am i to ~do~ ?
nubbins`: danielpbarron direct mirror response to asciilifeform's statement, keep up or stfu
trinque: there's a difference between offending someone with the truth as a matter of tactics, and doing it to the exclusion of sense
danielpbarron: "do you disagree that X's corrosive attitude is a Bad Thing and subtracts from Y" is like a USG memo card for filipino spammers
nubbins`: for emphasis: Pros don't give a shit, it's the clueless twits and assorted pretenders that do.
nubbins`: Professional does not imply any restriction of form.ii You are free to be as offensive, annoying, disparaging, crass, crude or indecorous you feel the need or inclination to be. This includes any and all comments that in other, non-professional venues may be regarded as racist, sexist, chauvinist, fascist or whatever else. Pros don't give a shit, it's the clueless twits and assorted pretenders that do.
assbot: #bitcoin-assets rules and regulations on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1k32ZX6 )
asciilifeform: bbet is not demoocracy-powered and won't turn into it no matter how many tears.
nubbins`: asciilifeform do you disagree that mp's corrosive attitude is a Bad Thing and subtracts from otherwise good ___?
asciilifeform: 'rabbling' is a Bad Thing and subtracts from otherwise good argument.
nubbins`: asciilifeform got a link? i don't think he's said anything to me lately
asciilifeform: nubbins`: do you understand the essence of what mircea_popescu said to you ? about 'rabble rousing' ?
nubbins`: trinque that's not the question
trinque: companies make errors that cost money, either due to their own mistakes or externalities; that's life
danielpbarron: there is no right thing. It's Mircea's thing like it or not
nubbins`: you'd make a better profit bumming change outside the metro