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mircea_popescu: Chaang-Noi you never sold what exactly ? whatever was left after paying out for the TYGRR.BOND (100% Insured Pirate Bonds)
mircea_popescu: Bowjob it's pretty well established he doesn't have much if anything.
mircea_popescu: "obama. started term, btc was 1/10000 of a pizza. ended term, 10`000 pizzas bought one btc"
mircea_popescu: getting people to sell bitcoins from now on will be a feat.
mircea_popescu: im totally going to publish a selection of these quotes.
mircea_popescu: (they won't die by june, as their burn rate isn't quite enough)
mircea_popescu: jcpham actually bitcoin magazine is quickly becoming a sort of elephant cemetery
mircea_popescu: at any rate they're running out of money this year, so... meh.
mircea_popescu: but on the negative side, if coinbase tech competence is anything like their pr ability,
mircea_popescu: prolly what happened is they finally got told to take a hike, and are trying to extrac whatever from it
mircea_popescu: if it were you wouldn't be pissing the op off with statements of the kind
mircea_popescu: other than remarkably incompetent trade mag and remarkably incompetent coinlab pr person.
mircea_popescu: Bugpowder you ever heard of something like this released other than as a joint item ?
mircea_popescu: the fact that unlike the competition they have a burn rate is NOT an advantage.
mircea_popescu: Bugpowder my point is more alongthe lines, there's about five or six of other corps doing what they do.
mircea_popescu: not only is mtgox not selling, but who is coinbase again ?
mircea_popescu: after all, any tech liquidity event is geeks selling out to business people.
mircea_popescu: course possibly a workable model would show people buying that know business, people with large stashes that just happened by at the right time
mircea_popescu: do you suppose we can say that since everyone involved lives paycheck to paycheck
mircea_popescu: i think what happens is that 1 month = furthest future point in bitcoin
mircea_popescu: i'd guess whoever implemented it did it more for show than for banking.
mircea_popescu: and since we're on the topic, i dunno how well it was tested, if you use it you'd prolly be well advised to protect it from buffer overflows etc
mircea_popescu: if returned_fingerprint == expected fingerprint then valid
mircea_popescu: iirc the way to use that function is set checksig to false and then see if it returns the fingerprint
mircea_popescu: From: "Payment notification system" <shadxx@gmail.com>
mircea_popescu: X-PHP-Script: vbwojvaixfhhwpfvgbxgjgc.uncw.edu/sendmail.php for 194.78.197.113
mircea_popescu: i guess its still better than the comments section for that zerohedge piece i linked yest