337900+ entries in 2.787s
mircea_popescu: PsychoticBoy i dunno why people keep thinking in terms of "o,
a site"
mircea_popescu: apple's worth
a trillion on the strength of owning
a market that's bound to be irrelevant soon
PsychoticBoy: lol come on
a simple site and game 4 fucking million, wtf, more like 50K
DeaDTerra: GSDPT dividend will be paid in
a couple of secs :)
femtotube: 10% of
a imaginary value, bloated way out of proportions
OneEyed: since it's
a passthrough to MPEX…
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
guruvan: ah - yeah - that works fine, especially for
a project I'm working on over here
mircea_popescu: they can ask for order receipts from mpex, to prove broker isnt
a bucket shop
mircea_popescu: copumpkin the problem i see with substatements is this :
a person could claim falsely they are covering many accounts with the statements for just the largest one
OneEyed: usagi: such
a protocol should be submitted to as many pair of eyes as possible
copumpkin: but you at least have
a statement signed by MPEX saying that you own shit
copumpkin: so you don't have to reveal your entire holdings to your clients, as
a broker
OneEyed: mircea_popescu: (you can only prove that you bought
a share, but that doesn't show that you haven't sold it)
OneEyed: mircea_popescu: more or less - you can still not prove ownership of
a share to the asset owner, can you?
mircea_popescu: the 20 btc you pay pretty much gets you
a floor spot. you can trade on your own acct or be
a broker, w/e.
OneEyed: usagi: if
a protocol could be worked out with those brokers to ensure the information is not lost if they default or get hacked, then they would be usable without concerns
OneEyed: usagi: the problem with GLBSE and MPEX is that they act as
a broker, in addition to being an exchange. As long as they don't keep an outside copy of the up-to-date investors portfolios, they disappearing make their investors broke
BTC-Mining: Difference is, FDBF would have losses as soon as any holding they have
a loss of value. BTC-BOND would not.
OneEyed: I thought friedcat reference was some kind of
a joke I didn't get. Is there really someone nicknamed friedcat?
OneEyed: BTC-Mining: yep, the most transparent I've seen in
a while
BTC-Mining: I do
a lot of trading. I almost always have
a large part of funds in bids.
mircea_popescu: BTC-Mining weren't you complaining you're cash heavy
a second ago ?
BTC-Mining: Be careful there usagi... with statements like this people will call you
a clown. I mean, more than before.
mircea_popescu: someone should make
a scamcoin altchain which uses adresses in the format 1ililililiiiilli
BTC-Mining: Oh, that's
a deal Gigavps? Perhaps you could tell me the many benefits of such
a deal?
rg: gigavps: will you eat
a can of dog food on webcam for btc?
BTC-Mining: Someone make me
a deal, got BTC burning my pockets.
OneEyed: He can be, if you have 1 share to sell. Just don't put
a bid before
a certain date, and let people place asks, that would be an auction
OneEyed: mircea_popescu: how would you handle
a situation where Patrick would delay the payback of the principal obtained from MPCD?
OneEyed: mircea_popescu: I don't know, it was
a question on my side :)
OneEyed: Prudent, but
a real burden, especially if you need to go away for
a while…
OneEyed: mircea_popescu: does it require
a lot of maintenance or does it run mostly by itself? (I would guess the second)
mircea_popescu: actually, greyhawk has
a point. specifically In that case you are of course aware that providing no contact information/full "Impressum" for your "business" is illegal under German legislation. Your website is
a perfect opportunity for an Abmahnanwalt to sue the fuck out of you.
Eisenhower34: thats not the problem. the problem are those comments : "Government ID please. ""We wouldn't want this to be another scam right?""Are you willing to provide
a legal adress under which someone could be held accountable in case of fraud?" "I'll never conduct business with
a "company" who refuses to even tell me the address where they are based."
mircea_popescu: Eisenhower34 that'd be
a different problem : you've made
a website for something that already happens otc
Eisenhower34: with all those idiots asking for doxx and implying that im
a scammer
Eisenhower34: that was the idea, but as it has already been pointed out several times its
a CDS
mircea_popescu: Eisenhower34 coding isn;'t the biggest deal. also, who and why is calling you
a scammer ?
Eisenhower34: If there wouldnt be so many douchebags out there, calling me
a scammer all day, i would have already opened
a stock market myself... would take ~2 weeks to code it ...
OneEyed: I would trust you not to use them because you disagree with
a business relationship
Chaang-Noi: if i broke some tos or something he needs to tell me, if he offers
a service, takes payment then fails to give service its scamming
Chaang-Noi: the disputed btc i assume he can make
a claim fore
assbot: [GLBSE] [FZB.
A] 1 @ 0.00000005 BTC [-]
assbot: [GLBSE] [FZB.
A] 3 @ 0.02 = 0.06 BTC [-]
assbot: [GLBSE] [FZB.
A] 2 @ 0.0221002 = 0.0442 BTC [-]
assbot: [GLBSE] [FZB.
A] 4 @ 0.03 = 0.12 BTC [+]
assbot: [GLBSE] [FZB.
A] 1 @ 0.02973 BTC [+]
assbot: [GLBSE] [FZB.
A] 1 @ 0.02972999 BTC [+]
mircea_popescu: wait so if you have
a leading period on the symbol glbse 404's ?
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take
a while, also might return fishy results as it does not account for splits etc).
OneEyed: Registrants of .us domains must be United States citizens, residents, or organizations, or
a foreign entity with
a presence in the United States.
mircea_popescu: i mean it can't be
a ponzi on the strength of lack of volume alone.
OneEyed: mircea_popescu: wow, I guess the girl hit
a nerve then
mircea_popescu: OneEyed the girl (mpoe-pr) called some bond of his
a scam or w/e
OneEyed: *That* would cause
a huge price drop
OneEyed: AFAICS, he hosts
a BBS which includes porn
OneEyed: Because it's not even entertaining, not humorous, not
a good troll
OneEyed: What happened to ciuciu recently? He seemed to be
a nice guy, had pretty interesting deals, but now looks like he shorted
a fuse over mircea_popescu and the porn pictures
Eisenhower34: OneEyed they "say" of course they wouldnt, but its on
a different page what they really do :)
OneEyed: I can't make my mind on whether this is
a scam or not, or more exactly on whether they do have
a product ready or not (even if they intend to have one eventually)
Diablo-D3: its just going to be
a pretty scary ratio
Eisenhower34: all mining bonds made something between 1.5% and 2% interest
a week
mircea_popescu: BTC-Mining arguably they also do
a lot more of the work
BTC-Mining: Because actual miners have
a much larger profit than actual bond holders (especially fixed)
pigeons: wow kakobrekla i didn't know you swere such
a scammer ;)
mircea_popescu: dude imagine your corner 7/11 closed for
a week cause owner was busy
mircea_popescu: you leave someone behind if you're gone for
a week come on./
Bugpowder: Also, has nefario executed
a single adminitrative duty on GLBSE in the past week?
Eisenhower34: not those who kept their btc in
a cold wallet.....
BTC-Mining: usagi: Why not keep it simple? "Bitcoin mining is
a USD based investment"
OneEyed: usagi: you say that like it's
a good thing
Eisenhower34: but looking now backward it would have brought more USD if you had keept your BTC in
a cold wallet
Bugpowder: Well... I have only been following it for
a month... can we plot the decline in volume somehow
Eisenhower34: ^^ y and if you dont hold it you risk
a price rise :)
OneEyed: usagi: so you're saying that BMF is
a good investment now, but how can you say it has been
a good investment between May and now?
mircea_popescu: Bugpowder nov 1st, that bad ? i was thinking
a quarter or two myself.
OneEyed: You still don't answer: wouldn't it have been best for investors to have kept their BTC out of BMF into
a cold wallet? They could resold them for
a better profit than if they went in and out of BMF, isn't it?
BTC-Mining: Eh. By the way Bugpowder, you know BTC-BOND offers
a vast portfolio in front of loaned funds to prevent any loss? I also honor withdrawal upon requests.
OneEyed: The fact that you seem to consider
a gain as
a loss because when you convert to USD (which is not everyone's currency btw) this shows
a gain?
fimp: where does one create
a new contract on GLBSE? I don't see that option anywhere