425300+ entries in 0.276s
nubbins`: you went
to hook up with him o.O
n6: at some point he came back
to a chan with just me and him and all he wanted
to
talk about was your site and doing mpex..
told him at first we didnt know anything we would just lose all our money
to error or get robbed. but he kept pushing and I gave in and went
to hook up with him in nyc
wywialm: first,is
the dual market model - we are utilising auctions on openings and closes. Do you have any
thoughts on it?
n6: Started reading reading
trilema about 2.5 years ago, and it was all, I could
think about. But my understanding was lacking. so I didnt
talk in b-a
took it
to all my friends, none of
them seeme
to care. but
then one guy cyperpunk sort of guy... we
talked about it for about 3/mo
then he dropped off
the face of
the earth
wywialm: actually,
there are
two more issues i would like
to ask you
mircea_popescu: was another guy did something similar,
trying
to remember
wywialm: mircea_popescu, i didn't expect
this, but i'm
thankful
mircea_popescu: wywialm best of luck.
there isn't anything glaringly obvious
to say else.
assbot: Successfully updated
the rating for wywialm from 2
to 3 with note: Polish econ guy,
trying
to make quedex.net work.
mircea_popescu: !rate wywialm 3 Polish econ guy,
trying
to make quedex.net work.
assbot: You rated user wywialm on 27-Nov-2014, with a rating of 2, and supplied
these additional notes: Polish econ guy..
wywialm: mircea_popescu, i acknowledge
this
n6: Have no gpg key
to prove who I am
mircea_popescu: what
the fuck am i, jane fonda over here.
talk
to a woman in good shape,
they know.
mircea_popescu: it's a forum,
this. really very free passage
throughout.
n6: Hey mircea_popescu I have been coming around last few days getting a
ton of help, but it has all made me feel awful. Last year I really let your ideas down and ended up getting
tricked by someone pretending
to be a friend of mine. but in
the end
the basic ideas saved me from going
to jail. would you help me work out?
nubbins`: for
the amount of shady
things he was into
nubbins`: he got way
too much of a pass in here
mircea_popescu: nubbins` iirc he narrowly survived
that, a settlement being involved.
shinohai: That means little
to potential investors
though.
mircea_popescu: wywialm
there's know and
there's know. not something i can help you with - but know you are in fact
taking your fate in your own hands and make
the call as
to
these people in full light of
that.
nubbins`: re:neobee, wonder what happened
to
thickasthieves
wywialm: i will of course invite
them
to WoT - but i know
them for a long
time irl
mircea_popescu: i guess all
the effort
to parallel-construct was no longer worth it seeing how "nobody" really bought it anyway.
mircea_popescu: asciilifeform
they finally giving up on all
the pretense re
truecrypt ? win.
mircea_popescu: er scammer runs witrh moey and
the entire stack of noobs is left apologizing
mircea_popescu: the way
this usually works, and it has worked about 500
times
to date with 0 variance, is
that scammer gets a coupla sluts and a coupla "credible people"
to contact respectable, well meaning folk, launches project. from
the perspective of
the public
the respectable folk form an impenetrable visual barrier. from
the perspective of said folk,
the coupla sluts and couipla salesmen idem. and a year
to a year and a half lat
mircea_popescu: why're
these people involved not in
the wot for instance ? who are
they ? how do you know any word
they say is
true ?
wywialm: btw:
thank you for kind words
wywialm: i
think it's a good idea, and i know personally people involved, and i needed your comments - how else could i get
these?
mircea_popescu: why would you wish
to risk your reputation (which, whatever you may
think of it, is significant enough
that you can come here and have my ear whenever you want
to) on
this
thing ? for all you know you're reliving
the neobee nightmare. you remember
that ?
wywialm: 3) academic with deferred salary payments dependent of
the performace of
the exchange
wywialm: re spot illiquidity - i acknowlegde
this, currency futures as well as commodity futures should have physical delivery and we're working on it
mircea_popescu: (note
that deferred salary payments and other promises make you a 3)
mircea_popescu: are you an outside consultant on a salary, a board member with an equity interest, a volunteer academic, none of
the above.
wywialm: i am
the economist behind all
this
mircea_popescu: what's
the meaning of "collaborating on" in
this context ?
mircea_popescu: problem being
the market's illiquid enough
to be easily pushed. but
that's not something you'll manage
to fix or really should be fixing.
mircea_popescu: shinohai will require a coupla engineers always on
to watch
the watchjer.
this is unavoidalbe, bitcoin is a pos anyway.
mircea_popescu: can function (irrespective of what idiots such as
the eu central bank
think). so
there is
that.
mircea_popescu: this will be
the bane of your existence, on
the general
theoretic front. because like it or not,
the unappealing dilemma is, either offer "renegotiable contracts", which is roughly what you're describing, and which fails at
the only job futures have
to do (ie, ensure
the buyer of specified amount of specified merchandise on specified date), or else full reserve, which will kill your speculators without which no market
wywialm: shinohai
that is why i'm asking you - could you please explain?
wywialm: yes, ultimately,
the exchange provides reserves
to cover for members' losses, which are planned
to be strenghened by credit default swaps
wywialm: the liquidated contract is sold on
the market at
the market price
wywialm: where quickly is defined in
terms of price move
wywialm: margin calls might appear in real
time, if
the margin is not replenished quickly,
the position is liquidated
mircea_popescu: "explain" and "make sense" of it all. because omfg, what if she just ditched
the blouse o noes her mommy
told her
the sky would fall.
wywialm: currently
the contracts are financially settled, but when we move
to
the physical delivery (as soon as possible),
the margins would increase as
the contract approaches notice date
mircea_popescu: suppose i buy a million dollars
to be delivered in q4. how do you resolve
the part where you have
to make sure whoever sold me
the mn actually has it by
then ?
wywialm: currently - on fiat currencies, but i'd very much like
to introduce stock options
wywialm: and
that market should be bitcoin-oriented, i.e. contracts should be structured
treading fiat currencies as foreign currencies
mircea_popescu: for instance i had an open offer for a
tsla short in here weeks ago, could it have filled it ?
mircea_popescu: "Thats like saying
the dotcom bubble was a scam isn't it? You can certainly phrase it like
that but is
that really whats going on. An actual scam?"
wywialm: from
the financial perspective, it assumes
that when running futures exchange, one should also provide options and have a complete market
mircea_popescu: what is
this, woman being ravished by komodo dragon with military cap ?
shinohai: Leaving
this here for google
to index kthx. <<< lulz wut?
mircea_popescu: wywialm in
the sense
that what, users give you
their key and all subsequent communication's encrypted and signed by it ?
wywialm: from
the security perspective, it is based on
the MPEx PGP standard
mircea_popescu: that works a lot better, not likely i'm going
to form much of a useful idea from looking at a web interface.
mircea_popescu: like "i'm collaborating on a project based on P1 P2 P3 being
true and P4 and P5 being false, it is supposed
to achieve Q. Any comments ?"
wywialm: sure, statements about
the exchange?
wywialm: hello, I would like
to request your comments on
the project i am collaborating on
mircea_popescu: but otherwise
the point is correct,
the gentoo choice predated
the rotor and proibably was made obsolete by it
phf: ;;later
tell ben_vulpes in fact if i manage
to fix whatever cs issue future instruction should be
to do brew install -v eulora > eulora.log 2>&1, so you don't have
to rerun it
twice if something breaks
mircea_popescu: <mod6> Sure
thing. Agree 100%, but since 'rotor' can run on any "sane" linux (to quote ascii), we don't have
to marry ourselves
to Gentoo << not clear
there exist any sane linuxen ; not clear
that if we don't marry
to something
there'll be anything left next year.
that sorta
thing.
shinohai: I assume one must have a brain before attempting
to use a brainwallet ....
mircea_popescu: <jurov> mircea_popescu strucks me like -- "who needs
the yucky plankton" said
the whale << can you be specific ? what is
this, neoimpressionism ?
mircea_popescu: <punkman>
http://i.imgur.com/cxw3zdC.jpg << i have nfi why porn is sorted by all sorts of dubious criteria rather
than say "tit shape". "All girls pears volume MCXVI". "Catshaped
Tits LMII". "That weird pubescent
thing where
the nipple is most of
the
tit XIV"
phf: ;;later
tell ben_vulpes if you can run `brew -v install cs >cs-debug.log 2>&1` (-v shows
the underlying build output) and send me paste cs-debug.log
that would be helpful.
mircea_popescu: <cazalla> from
that brain wallet drama
https://rya.nc/cracking_cryptocurrency_brainwallets.pdf someone had 250 btc using "how much wood could a woodchuck chuck if a woodchuck could chuck wood" <<
the benefits of more adoption. i bet you he "just wanted bitcoin
to work" and "we" should make sure
that happens while he focuses on whatever
the fuck he does. running for mayor in futopia, coming up with surnames for earthwor
shinohai: Phoundation v 0.10.0 works
too
shinohai: I fired up namecoind and used
the same curl request fine :/
shinohai: kk. I am just
trying
to confirm if I am
the only one having
this issue. If so,
then I am doing *something* horribly stupid.
mod6: Ok, yup, next
try on v0.5.3
shinohai: For ref,
this is what I
tried:
shinohai: All
the versions of
therealbitcoin. Power rangers are fine.
shinohai: Not yet, gonna clear a space
to
try it. But I
tried multiple
times on
the other versions and no dice.
mod6: It also couldn't hurt
to describe exactly what you're
trying
to do in here.
mod6: shinohai: ok, did you get a chance
to
try it on v0.5.3?
shinohai: Also mod6 I still have not resolved
that rpc issue, will
take a fresh look later
this afternoon.
kakobrekla: J_EDGAR_HOOVER is
the main security guardian of
the system, called upon at process start, file open, user log on, etc. < lmao