331000+ entries in 2.45s
Namjies: I'm not that knowledgeable. I'm not
a programmer either.
rg: i got it in
a magazine
rg: BTC-Mining is smart with numbers and
a good programmer
Diablo-D3: but if he doesnt pay on those btc-mining shares, Im going to beat his ass like
a drum
rg: and arij is
a good guy
rg: the only thing thats changing is now bitvps will have
a proper staff
EskimoBob: so, if you guys are done circle jerking over
a 4 name law firm, tell wtf is going on with BitVPS?
Diablo-D3: if steve told me he writes
a million dollar check to them every year I wouldnt even bat an eye
rg: only to find out later that it was
a HUGE mistake
rg: if anyone mentions legalities in
a ticket
Diablo-D3: and by millions, I mean he'd just beat you with
a pipe until you stop moving
rg: i am now support manager and
a lead on the operations team
rg: mircea: i started as
a level 1 tech
rg: except for the fact that i work for one of the companies that hosts
a bitvps server
mircea_popescu: Namjies so you plan on delisting it ? or do
a sort of m/
a thing ?
mircea_popescu: sooo, rg just announced in
a private channel that bvps is undergoing
a merger/sale/something.
mircea_popescu: Nov 17 19:58:23 <_Fireball> so, would you be
a man and write an apology?
smickles: < smickles> so
a clearing house... it basically holds stuff and keeps
a record of who owns it and makes it easy to transfer ownership of the things? <<< i'll add requiring collateral to this
smickles: so the icbit situation speaks directly to the need for
a btc clearinghouse
smickles: so
a clearing house... it basically holds stuff and keeps
a record of who owns it and makes it easy to transfer ownership of the things?
mircea_popescu: yes, you generate
a public/private keypair. one second
rbenzaquen: mircea_popescu: Thanks, I have installed gpg in my linux box, do I need to generate
a pub key?
thestringpuller: i have
a question about 1: upon the settlement date, the clearing house would immediately purchase said physical assets immediately (whatever total volume dependent on the list from 1 and 2), from money on hand, however would mpex reimburse them (in btc that is)
thestringpuller: if all contracts are coming from
a geographic convergence point (close to the same area) rather than
a divergent one, the cost is significantly lower
mircea_popescu: 3. you execute within
a fixed timeframe, possibly for
a fee.
thestringpuller: mainly all I need is
a good delivery egineer, the fee would depend on volume
thestringpuller: ideally mircea_popescu my vision was that of buyer X has some Y number of contracts on cocoa, I would need to know his "end game" as where he wants the cocoa to end up, is it part of
a portfolio or would he be "sub-distributing" to say coffee shops or
a bean roaster
thestringpuller: mircea_popescu: one moment i am on
a phone lemme change olatforms
thestringpuller: however i wouldnt want to have
a paper trail between fiat and btc in the us after the glbse fiasco
thestringpuller: im good friends with
a cocoa distributor and I own
a warehouse so its possible
thestringpuller: what if the personor entity acting as the clearing house had, access to the physical asset via normal channels, fiat on hand to pay for said asset, and btc's on hand. in theory couldn't he sign
a pgp contract granting ownership to future holders upon settlement?
mircea_popescu: wait. smickles considers himself
a mature ?! as in, old pornstar ?!
Ukto: not sure if you can trade for
a price directly..
Ukto: it has
a value/share field
Ukto: showing it on trade history would leave
a giant opening for abuse
Ukto: so it would be
a "direct trade"
Ukto:
a set of sub boards per asset
Ukto: as I said, its easily doable in
a multitude of ways, I just want to think through the best way to do it. right now, I am still trying to focus on the core systems
EskimoBob: if it's
a 1000 Mh/s then x 1000 and so on
Ukto: EskimoBob: but when the graph is generated, live, it has to do
a diff lookup for each payouts date/time
Ukto: mircea_popescu: you sure do have
a lot of time on your hands :P
Ukto: just
a bit of work to put it all together
Ukto: i would then have to connect to
a bitcoind or json from somewhere to get diff
Ukto: woudl require
a few more fields
Ukto: when you say adding
a line,
a graph ?
EskimoBob: adding
a line for what "Mh/s" produces at any point in time, is not that bad. You get that from difficulty
EskimoBob: so, if you add
a line for contact price ratio to what Mh/s produced, you probably get
a nice flat line
Ukto: so ppl can draw
a lot of lines aiming downwards over timer
Ukto: gonna add the depth chart
a bit later today/tonight
EskimoBob: this is just
a rough idea. You guys are smart enough and can make it into something that works
Ukto: theres
a bit to consider.
Ukto: so if somoene has
a holdings from 10 min prior to
a shutdown or some shit
Ukto: so as long as someone has
a copy its within some reason
Ukto: btct sends the issuer
a list every X hours
EskimoBob: yes, but we are not talikng about 1000 trades
a second here
Ukto: its
a responsibility issue
Ukto: its not
a resource issue
EskimoBob: pushing trades to other exchanges can't be that hard or
a resource hog
Ukto: was debating doing
a signed version of the asset list
Ukto: except that someone else might have
a newer version
Ukto: i kinda want to use
a version it as
a backend for my system
Ukto: it really isnt
a competition
EskimoBob: I need that :) Sorry, for not going with your exchange. BTW; we can do
a PT, if you like that idea
Diablo-D3: twitter is not
a generic messaging protocol
mircea_popescu: EskimoBob i was going to ask for
a few bitcoins off pigeons to pay for it.
pigeons: would you want bread? how about
a juicy worm
mircea_popescu: hey pigeons, there's
a half frozen hungry desperate dieing pigeon in my yard.
Namjies: I sent him
a PM not to forget to pay dividends on the 9th and he paid out on the 9th.
mircea_popescu: there's never been an asset returning 10%
a year IN BTC
Bugpowder: let's see it for
a few months in
a row
Bugpowder: not
a bad days profit in sales fees
pigeons:
a seller's profile on
a site i'm looking at : "im the most honest person i know"
thestringpuller: I feel like giving dividends to shareholders is
a waste of capital
Ukto: although I was planning to avoid buying shares on my own exchange, I really don't see much of
a problem with it
Ukto: evoorhees: sounds ike
a great dividend month comming up :P
Ukto: that sound like
a pita x,x
gribble: smickles was last seen in #bitcoin-assets 1 hour, 28 minutes, and 31 seconds ago: <smickles> there is now
a spread on idiff.mar