327900+ entries in 2.393s
jurov: or otherwise drop
a hammer
jurov: and it isn't necessarily good for coinbr..next time some lunatic decides to call statjson 10x in second and mircea decides to add
a fee to it
dub: well theres certainly
a questionable service paradigm there, if the aim is bringing in more business
jurov: i don't want to argue about it. just that i found the whole philosophy of placing pitfalls without
a good reason just cause this is free country ... er.. lacking
dub: jurov: if
a shop wants to make it very dangerous to go in and buy something, while its at odds with having customers, I don't have
a problem with it
Bugpowder: "Altogether, Avalon’s first batch is expected to contribute
a total of 18 TH/s to the Bitcoin network – about eighty percent of the network’s entire hash power at the time of Avalon’s shipping."
dub: kinda like
a beaner pilaf
mircea_popescu: im excited about watching
a film, so we reconvene once everyone's deexcited lol
jcpham: i'd feel
a lot better about that today
jcpham: i second guess
a normal decison that makes sense
jcpham: but in
a decisive way.
mircea_popescu: Bugpowder not exactly
a scheme, and not to that, no. it was more of
a, let them drive see what they do.
dub: mircea_popescu: if you actually re-read teh comments with
a neutral eye, it actually looks like the rota worked perfectly
midnightmagic: It *sounds* as though you discovered
a hole in the logic of the case, in that there's no real way to determine judge and party collusion.
midnightmagic: Actually finding dead babies in
a trash can? Not so much..
midnightmagic: Usually funny dead babies are accompanied by
a punchline.
midnightmagic: mircea_popescu: The pigeons negrating wasn't the actions of
a man who's upset?
midnightmagic: "the judges ruled that anyone can take any ammount of money from mpex at any time at their option." <-- this is the same, logically, as
A-> ? ->C. I'm just trying to find the progression.
midnightmagic: Nobody's really giving me
a straight answer. Perhaps it only seems like I'm late because I have to wring the truth out of people.
midnightmagic: Here's how I understand it. The judges get paid
a fee. 3 x 3 BTC (for three judges.) Everything else ended up with its rightful owner, correct?
jcpham: if
a rota member tries it and i'm nominated i'm going to take their funds
mircea_popescu:
a. no. i specifically went into the suit as an alternative to the "i simply keep it" rule in force.
gribble: You rated user pigeons on Wed Nov 16 14:06:33 2011, giving him
a rating of 3, and supplied these additional notes: super cards. rock & roll.
gribble: (rate <nick> <rating> [<notes>]) -- Enters
a rating for <nick> in the amount of <rating>. Use optional <notes> field to enter any notes you have about this user. <nick> must be the user's GPG-registered username, Your previously existing rating, if any, will be overwritten.
gribble: You rated user mircea_popescu on Thu Mar 29 06:56:09 2012, giving him
a rating of 1, and supplied these additional notes: His beard is sexy..
mircea_popescu: well, to trust someone means to believe they act in
a certain way.
mircea_popescu: i think the best way forward is if one of the lawschools does
a summer project for this
midnightmagic: mircea_popescu: You should file for
a change of venue next time. #bitcoin-court! :-)
Korbman: the case doesn't seem to have
a backing
jcpham: i bet
a pre-order one in the next round
Diablo-D3: its
a 8080 clone with 8086ish features tacked on
mircea_popescu: Korbman you'd prefer
a fan box running inaba's hot air ?
Korbman: I've got mixed feeling about
a giant 400w steel box running only 66GH/s..
pigeons: Now I withdrew from mtgox
a long time ago \ Don't you see how late they're reactin' \ They only come and they come when they wanna
smickles: what was the final precursor last time?
a bunch of puts bought, calls sold?
smickles: but i bring it up because that was
a bad news event on
a significant (relatively) quick rise
smickles:
a bunch of the 'technicals' are different tho
mircea_popescu: well i guess we have bfl as
a potential... tho i doubt they'll announce anything.
turbo_ac100: Well, where I normally read news is RSS and to
a lesser degree twitter. So for me it would add one extra source of news inlet.
midnightmagic: mircea_popescu: Why was there even
a "suit"? Why couldn't you just settle prior to the case and give him back his money?
mircea_popescu: i guess smarter people will find
a solution at some point.
mircea_popescu: myeah. absent the possibility of
a legal system it'll be interesting how that'll work.
Namworld: Irreversible? Maybe. Technically if someone hands you six 20 bills instead of 5 for
a 100 payment, it's also irreversible if the other person doesn't hand it over. Both would require forcing the other party to give it back.
Bugpowder: The basic economic ideas of supply and demand are useful in thinking about capturing value. The common insight is that market equilibrium is where supply and demand intersect. When you analyze
a business under this framework, you get one of two options: perfect competition or monopoly.
mircea_popescu: parade decides he can see
a little better if he stands on tiptoes).
mircea_popescu: were irrational Gust as happens when each person watching
a mircea_popescu: buffett has
a very nice piece explaining the economics of capital intensive businesses
pigeons: inaba says, "If they are going to take several weeks to ship
a mere 300 units, only the first few people will ever see
a ROI on their units. "
smickles: musta been
a newline issue for me
jcpham: i think it is
a good argument to have and you should have first choice in returning funds
mircea_popescu: but the bounced cheque comparison is possibly valuable. i don't imagine anyone with
a bounced cheque failed to argue he made
a mistake
jcpham: it's like bouncing
a check and i think you should insulate yourself from it
jcpham: lots of places charge
a fee to return money
jcpham:
a blog post denouncing the rota an implementation of the new returned funds fee to protect yourself should suffice ;)
mircea_popescu: what if someone were to put
a novel in the blockchain ?
mircea_popescu:
A novel attack against bitcoin What if someone were to put illegal information into the blockchain itself? Top secret information or magnet links for example.
jcpham: make it your perogative to have the first say on refunds and charge
a fee
mod6: wasn't there like
a block of 10`000`000 at .00062 and .00064 and .00066?
mod6: and recently there has been
a lot of buying
dub:
a better result for mp
Namworld: It raise, raise, raise. Everyone panic buys... suddenly
a big roller says "Time to cash in" and sells 300k bitcoins.
mircea_popescu: If any votes are held on the underlieing asset then (if practical)
a motion will
jcpham: still like that word with the
a-
mircea_popescu: that's the first roll. iirc there's
a link to the very short contitution in it
jcpham: it makes you look like
a fucking angel
mircea_popescu: bullshit "claimant is always right and mp is annoying and rich" judgements i don't need
a court for, they're
a dime
a dozen.
mircea_popescu: it's going to be messy, and it's going to be
a waste of everyone's time.
dub: in fact, judges do whatever it is they feel like, by exposing your internal process to
a court of judges you accepted that
mircea_popescu: for that matter, expectign people to be thrown in
a pond supposed to be above and beyond the collected wisdom of
a good third of all humans that ever lived is also
a bit off.
mircea_popescu: well obviously
a one case of anything is about as meaningless as any other one case of something else
mircea_popescu: yeah but
a large part of the appeal was the philosophical purity of its general open nature
jcpham:
a similarly worded sentence
mircea_popescu: DEPOSIT|{sum}, where the sum is an integer, written in BTC (note that you can not deposit less than 10 BTC). You will be quoted an exact sum, which you must send to the exchange address (1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx). Don't round anything, the decimals are there to identify you as the beneficiary. You will be credited the full amount. Incoming Bitcoin that doesn't exactly match
a quoted sum will be simply kept, r
pigeons: i cant read his blog it asks for
a fee
pigeons: im not doing
a forum, but an irc channel agreed
jcpham: possibly
a new forum format
jcpham: i suggest
a new irc channel for this discussion should it arise again
jcpham: there was
a sentence saying you didn't return deposits that were wrong
pigeons: no but even
a written contract saying that mistakes in deposits are kept would have resulted the same
pigeons: he fulfilled his contract, sent the money, but he made
a mistake
pigeons: if another case it works out differently fine, that doesnt have to be
a precedent, but in this case the fees were clearly incurred by mircea_popescu being unwilling to work out the issue despite having the facts beforehand