336600+ entries in 2.602s
PsychoticBoy: I wish I was
a teenager and knew what I know now
mircea_popescu: i have read it, and i think it's
a monument of sensibility.
noagendamarket: if anyone asks "I dont know nothing" is
a good response :P
BTC-Mining: For other purposes... it carries
a lot more risk. Very attractive to con artists.
PsychoticBoy: I urge everyone to never work with Nefario again.
A Bitcoin stock exchange is
a good idea, though. I hope that someone will create something better than GLBSE and MPEx. ;; quote theymos
Eisenhower34: believe? in btc? btc was
a good idea but it attracts too many ... "fraud"
BTC-Mining: Aye... but theymos stated Nefario used users deposit to pay
a lawyer, then admitted he was actually just making
a guess as he didn't think Nefario had the money for
a lawyer and wanted one.
____Atlas_____: Ugh, they should of just hosted it in Russia where they do not give
a flying fuck
Luceo: And he's
a major partner
Luceo: ____Atlas_____: Those gangs are viable in
a single locale, they're far less viable in
a global market
Luceo: ____Atlas_____: Is there
a better option than court at this point? I'm no fan of the state but it seems like these issues are constant at this point with no way to collect debt or deal with scammers.
____Atlas_____: mircea_popescu:
A court ruling isn't going to bring your dead child back.
mircea_popescu: OneEyed you have
a solid point, but they're kids and don;t know how thigns work.
Luceo: So, whos setting up
a tor or p2p exchange?
____Atlas_____: OneEyed: The guy probably has
a plane ticket off to China right now
OneEyed: So we can conclude that we do not have
a majority of shareholders formally objecting to Nefario being in charge.
OneEyed: noagendamarket: ok, so no motion was voted, so he has *not* refused to go out when facing
a motion
OneEyed: noagendamarket: did you put up
a motion signed by
a majority of shareholders?
OneEyed: mircea_popescu: sure, but they have done nothing about it, not even
a motion
OneEyed: ____Atlas_____: do you see what's wrong here? He they put
a motion and he refuses to release control of the assets, *then* he is acting openly in violation of the shareholders agreement
OneEyed: ____Atlas_____: so they haven't put
a motion forward because of that?
mircea_popescu: OneEyed practically, there's no actual way to transfer authority in
a btc corp
mircea_popescu: realistically they'd either put up
a guideline or talk to people involved ("advise as to X Y Z")
mircea_popescu: these aren't white street cops in
a black neighbourhood.
____Atlas_____: Eisenhower34: There's
a reason I stopped daytrading today
mircea_popescu: pirate's crap made
a +-30% dent, but that was 500k-ish
____Atlas_____: This is what makes
a market irrational at times because of
a perceived irrationality.
____Atlas_____: I mean, if
a good portion believes it will go down because of this
Eisenhower34: may I ask about the topic of your conversation? whats "this" in "average bitcointalk folks even able to get
a lesson out of this"
BTC-Mining: But are the average bitcointalk folks even able to get
a lesson out of this...
mircea_popescu: i think it's
a perfect lesson in practical politics, economics and law for all involved.
mircea_popescu: and obviously in
a decentralized currency nobody has the authority to make such
a statute
BTC-Mining: Which might be legitimate or
a complete fraud.
mircea_popescu: so there'd have to be
a statute of limitations baked in at any rate, otherwise nobody sane would accept to be part of this as an issuer
mircea_popescu: it's
a stinky situation to be in especially because you may THINK you're ok, everyone claimed, everyone was taken care of, all is good
mircea_popescu: well. so, there's
a saying, "one fool thows
a rock in the sea and ten wise men struggle to fish it out"
mircea_popescu: BTC-Mining no, cause it wouldn't be
a game of chase among 3.
drekk: don't aim too high. this is the internet & bitcoin & anonymous users after all. you won't find
a smooth way to handle this like IRL. imho
mircea_popescu: so this completed somehow, in like
a week or whatever, and everyone ticked boxes.
BTC-Mining: We're talking about issuer receiving
a BTC address of the shareholders.
mircea_popescu: so, i glbse put the website back up. all customers login, and have
a set of tickboxes
BTC-Mining: It seems
a method will be implemented, albeit after the worse has happened.
mircea_popescu: atm the entire codes mess is due to the fact glbse purported to be an exchange, sold itself as an exchange, but it was merely
a dumbass website, not an exchange.
mircea_popescu: point being, to qualify as an exchange in that sense, there'd have to be
a way for ownership to be established and verified.
BTC-Mining: What's such
a big fuss anyway, stock exchanges delist assets on occasions, it doesn't mean everything is lost, just that the asset is no longer traded on an exchange.
k3t3r: though james is irish so maybe
a relative
BTC-Mining: Yes, although is location changed
a few times.
____Atlas_____: I rather be the kind of free floater on
a public urinal that got there mysteriously...
femtotube: Atlas you have never done anything in your life except blabbering in forums and irc. You have never invested, you have never lost or win. You are like
a piece of shit on
a street.
femtotube: altas, jou are
a cluless fuck with no real life experience. just stfup
mircea_popescu: the exchange whereby joe buys
a sack in which may be some potatoes in exchange for an enveolpe wherein may be some money has nothing to do with free markets.
____Atlas_____: Delusion is usually characterized with
a false sense of reality; not accepting events as they come.
femtotube: the entire fkn forum is run by
a scumbag, who wanted to dump his shares on some poor idiot with coin
mircea_popescu: the entire thing could end up
a morass of double claims
BTC-Mining: It would be
a bit harder, but I don't see why it couldn't be traded OTC style with
a room he on freenode like the #bitcoin-otc
femtotube: BTC-Mining: ??? are you
a fkn retard? I had portfolio in GLBSE and now it's all gone. Zero
BTC-Mining: and in the end, you have lost the only thing you were sure of, which is your current existence as
a human.
BTC-Mining: Yes... we might just as well be bored entities among nothingness who needed something to do, so we created
a universe as
a playground in which we would not remember having ever lived outside of it.
____Atlas_____: Assuming there is an origin of this universe, of whatever means, it could be deducted we are of that origin, we are or were
a part of that origin.
reeses: then it’s just
a chomskyan pseudo-option
reeses: if I had
a soul, it would thank you
____Atlas_____: All beings so far have created something beyond themselves; and do you want to be the ebb of this great flood and even go back to the beasts rather than overcome man? What is the ape to man?
A laughingstock or
a painful embarrassment. And man shall be just that for the overman:
a laughingstock or
a painful embarrassment...
____Atlas_____: As
a absurdist-nihilist, it's hard for me to get into these kinds of arguments.
mircea_popescu: BTC-Mining you probably spend
a lot of time in an academic environment.
____Atlas_____:
A fact is merely
a unified vision of an arbitrary number of individuals.