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mircea_popescu: why'd deter humans ? recall, this is parimutuel. humans knowing their bets will be covered is encouraging
mircea_popescu: i don't see the problem. people setting their own bots to marketmake provides liquidity.
mircea_popescu: yeah i was gonna say, it's pretty much in the html dom
mircea_popescu: the depositing part works by design in the sense that once you get an addy you can use it for as long as the bet exists
mircea_popescu: "I am willing to pay top dollar for someone to help me cosign a mortgage. I have no family I can ask. I have good credit and equity. I need someone in California with good credit and high income."
mircea_popescu: once actual capital starts moving in it's a different story.
mircea_popescu: moreover, the people atm involved are mostly kids trying to bootstrap themselves into financiers on a shoestring
mircea_popescu: i suspect the stability point for bitcoin securities is way way under 1% per year
mircea_popescu: Our chips consume about 3 - 3.5w per GH/s at the chip level
mircea_popescu: noob ventures take a value around 1% a week, last for 30 weeks tops
mircea_popescu: the only thing is that both avalon and bitfury claim to have tons of chips right around the corner
mircea_popescu: "What is the acronym "OTC?" I haven't heard that one yet..."
mircea_popescu: benkay_ oix only counts options sold by bot. people have been mostly shorting this month, so bot didn't sell much of anything
mircea_popescu: wonder what Chaang-Noi & the merry pumpers will be inflating next.
mircea_popescu: kakobrekla "Due to the lack of volume and the need to restructure our screen layout we have decided to remove all trading pairs that do not include BTC."
mircea_popescu: so basically a b i clone pushing a s.d clone will make a lot of moneyh
mircea_popescu: well... untiul blockchain info decides they want most of it.
mircea_popescu: and the key generator might as well be a js the user downloads and runs locally.
mircea_popescu: as you never have the keys and so can safely run bitcoind
mircea_popescu: but it also gives user complete immunity from anything you might misdo
mircea_popescu: the only time you need to see the privkey is when he wants the btc sent.
mircea_popescu: it would work thusly : user generates a seed. from it user calculates a private key which he keeps and a public key
mircea_popescu: it woudln't be a bad service, if someone were to make it in ON A SANE PLATFORM
mircea_popescu: yes, he keeps having as many coins in the morning as when he went to bed