log☇︎
336900+ entries in 2.832s
Azelphur: yea, I have a few BTC there
smickles: Azelphur: there were only a few hundred satoshi on glbse anyway
NO_OOh: she's a witch!
pigeons: its no fun berating a wall
pigeons: i even believed nefario was a doctor
pigeons: no one likes a gloater mircea_popescu
mircea_popescu: Nefario: You are obviously unqualified to be anywhere near a project of the complexity of an exchange, even for play money (which I suspect BTC are, for most of you here, at least judging on behavior records).
smickles: BTC-Mining: well, a few of us have his cell, if it's still active
B0g4r7: I do believe that's a big fat Scammer tag I see headed Nefario's way.
pigeons: i thought he was a bit of a clueless hack, but this is harmful
copumpkin: but I'm a nice guy so I don't usually put it in those terms
copumpkin: I've maintained that nefario is a bit of a clueless hack for months now
mircea_popescu: once he submits a gpg signed apology for his idiocy yest
BTC-Mining: Mircea is not interested in what's being issued on GLBSE, except maybe a few things...
knotwork: Maybe instead of everyone sharing one fate it would be better to put each asset-issuer on a separate server just for their assets and no one else's?
copumpkin: mircea_popescu: your competition dying a horrible death
smickles: any you're a pumpkin
smickles: midnightmagic: will you place a bet on that ?
mircea_popescu: has a romanian greencard and everything.
pigeons: oh its a person nevermind
B0g4r7: Specifically with regard to jurisdiction and regulatory intervention, are you located in a place that is less jackbooted than the UK?
BTC-Mining: Yeah, but suppose you have a heart attack RIGHT NOW and can't actually do those actions, who will do them. Who else has access to MPEx?
pigeons: the page was vandalized though there is a scary freak at the top
pigeons: threats are taken serious by my internet lawyer. a few of you will find out just how serious i mean.
pigeons: i think in the heat of the moment, nefario made a move to secure the usd backing of the coins when they were not returned and has made things much more difficult
mircea_popescu: but in the absolute-worst-case scenario, glbse is never heard from again, this will be a mess.
mircea_popescu: im sure he'd honor anything once there's a list of shareholders and we can work out ownership
pigeons: i think you'll have a much harder time getting paid for your glbse GIGAs, although I believe he will honor those too
BTC-Mining: Even if he did such a thing as reissuing, GIGA.ETF would hold no value
B0g4r7: A Satoshi is the smallest possible denomination of BTC?
rdponticelli: I won't put a satoshi against you
B0g4r7: You sure are a fan of these Roman numeral-based lists, aren't you?
rdponticelli: If that's the case, most chances are that when you have a statement posted, it's already solved
B0g4r7: Maybe the site's just too slow. The last time I submitted a statement it took days to get approved and posted.
mircea_popescu: Oct 01 01:47:42 <mircea_popescu> Obsi ty, but it doesn't seem like anyone has a choice. glbse is going away. now's everyone's change to learn gpg.
mircea_popescu: people'd prolly go on about how this is all a last minute cover-up
BTC-Mining: That would probably be a mindblowing hit to his PR...
BTC-Mining: Also, knowing how good Nefario is with PR, I wouldn't be surprised if he reappered soon after the silent week all surprised about seeing everyone in a panic and announcing he just completed rolling out GLBSE v3. He's so deep in his work sometimes he seems oblivious at what people would expect to be said upfront.
BTC-Mining: Not sure why I'd need a hedge on 2nd point
BTC-Mining: Eh, me neither, but apparently, not as much as a lack of rule than those rules not being enforced.
BTC-Mining: Ideally we'd just have a peer to peer stock market that anyone can issue on.
BTC-Mining: GLBSE was never a regulated market.
mircea_popescu: once things expanded a little the structural weakness collapsed.
mircea_popescu: BTC-Mining did you have a contingency plan for glbse going down ?
BTC-Mining: They don't know what's going on, which does not mean they don't receive a daily backup or anything.
mircea_popescu: dub well yes, he does have a problem. actually all things considered i think he;'s pretty calm.
femtotube: BTC-Mining: a plan? Those damn shareholders have no idea wtf is going on. There is no plan
femtotube: do not start with this contract BS. Do you think they really give a shit?
dub: BTC-Mining: you might have a little problem with a lot of angry bond holders?
BTC-Mining: I'm saying it can't be stolen, even if it ends up being a hack.
rg: just a little bit
rg: to say you're a non profit
rg: but dont claim to be a fucking non profit
rg: mircea_popescu: like a year ago
mircea_popescu: dub yes. someting like a coupla k's.
rg: on his donation begging page he says hes a non profit
mircea_popescu: rg is he registered as a nonprofit ?
rg: when you're not a fucking non
rg: you cant say you're a non prfit
BTC-Mining: Well technically, the whole amount is still growing with donations and offered as a bounty.
BTC-Mining: Probably because they don't want to take part in a regulated GLBSE
mircea_popescu: BTC-Mining nah like a quarter.
dub: the whole community has been taken by a cabal of limey grifters
mircea_popescu: You can still see it like that, since there is a lack of information... but what I see is exactly what I had predicted: GLBSE was a highly illegal business and Nefario was just a crook working in conspiracy with other crooks... and one of them was theymos - the admin of this forum, who owned 23% of GLBSE - had anyone of you known about it?
BTC-Mining: Let's write a novel then!
dub: its cool, sounds like rapeghost has raped a backup of his own
BTC-Mining: No, no, actually, the fact is, everyone in Bitcoins are actual insane and placed in an institution. Bitcoins are all but a figment of their imagination that started with one of the patient shouting the word "Bitcoin". It's true.
Eisenhower34: what a crime we have to solve here on IRC
BTC-Mining: I never said I had a secret source eh
Eisenhower34: but you said you had a secret source
BTC-Mining: Yeah, it's just one of many speculative idea brought forth, not a fact. That's the problem with the forum. Speculations/hearsay are distorted/presented as facts.
BTC-Mining: I mean, a place being closed unexpectedly is cause for wonder about what might have happened.
BTC-Mining: And wait to see if a relative picks it up, if the owner comes back, or if anything else happen.
Eisenhower34: but you said yourself that its a fact now that GLBSE BTCs are gone
BTC-Mining: I'll at least wait to see the situation concretize itself before claiming anything as a fact.
dub: he took the money, using it for a sex change
Eisenhower34: so you know from some secret source that GLBSE BTC are really gone? as you say its a fact now
mircea_popescu: it's not one isolated event, it's the final explosion of a series of explosions
mircea_popescu: a ok.
BTC-Mining: Well unfortunately, even if there was a theft, there's only a fractions of the funds available on GLBSE.
mircea_popescu: like a digg and a chan and etc.
mircea_popescu: Diablo-D3 i made a buncha shit romanians didn't have cause they were retarded
drekk: seems glbse downtime gave them a boost tho :)
drekk: mircea_popescu, nope. sent a PM in the forum to Kumala once regarding VCE. never got an answer
rdponticelli: I have to work out a little
NO_OOh: haha like a vampire
B0g4r7_: A halving of assets, to go along with the halved block reward.
femtotube: but now, it's just a bunch of weak and soft nerds, who start blabbering about human rights the moment some scumbags deserves to go tits up.
femtotube: if BTC really had a community, those fuckers be all bleeding and shitting by blood now. Starting with this asshole from Texas. Trendon Shavers or what ever.
Diablo-D3: femtotube: it means hes a trusted community member
femtotube: is everyone involved with BTC a fkn thieve and a liar ?
Diablo-D3: femtotube: erm, theymos is the bitcointalk owner and a glbse shareholder
PsychoticBoy: Can I get a Halelujah
mircea_popescu: kakobrekla i think it's a control issue
rdponticelli: Yeah, when you learn a couple of thing, everything is easy
rdponticelli: It's not just that. It's about maintaining a safe environment
drekk: decrypting it is a different thing of course
drekk: mircea_popescu, dunno what you mean. :D i was just talking about the possibility for a mitm to tell which of your mails are the important ones, if you only encrypt those
rdponticelli: I won't use a fund who's administrator uses windows and refuses to use gpg, nothing personal...
mircea_popescu: PsychoticBoy that will require use of a time machine