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mircea_popescu: and only pay from some funds you keep in the hot wallet, maybe 1-200 btc tops
mircea_popescu: kakobrekla : have money go to your paper/otherwise secure wallet.
mircea_popescu: "After yet another exchange being hacked, I can't help asking myself: Why do exchanges need a hot wallet on the server at all?"
mircea_popescu: as they say, intelligent people make new things, stupid people reimplement old things poorly.
mircea_popescu: Unlike GLBSE, #assets-otc is not a trading system, but just a contract management system (at least for the moment).
mircea_popescu: As GLBSE is collapsing along with Nefario's trust level, I decided to provide the community with a system that would allow asset issuers to smoothly migrate their customers to a new asset management platform, based on a completely different security and trust system.
mircea_popescu: i should prolly add this to the mpex faq as a security factor : someone breaking into my sikrit vault is more likely to steal the pix of angelina jolie sucking my cock than your bitcoinz
mircea_popescu: copumpkin well i have tons of chicks pix i took myself, but i don't tend to publish
mircea_popescu: copumpkin well the same principle. moot doesn't take the pic
mircea_popescu: i imagine if they shelled out for support it'd cost more.
mircea_popescu: Obsi apparently there existed some offering by the same name last year.
mircea_popescu: sgnb but you do bring up an interesting point, i'm going to have to add this to the faq.
mircea_popescu: if for whatver reason the service goes away i'll come up with some alternative.
mircea_popescu: if the situation is transient (as it happened, a few hours tops in the past) then that's what it is.
mircea_popescu: well, you won't be able to exercise by ordering on mpex.
mircea_popescu: maybe just general market chill after pirate/hashking/etc
mircea_popescu: sgnb mpex doesn't use that concept tho. you can query for the order book
mircea_popescu: maybe they were just waiting for me to pay out the divs...
mircea_popescu: mindyou, i'm not saying they'll ever deliver or anything.
mircea_popescu: PsychoticBoy yeah, but they also delivered items. which is more than can be said for the competition, which seems vaporware.
mircea_popescu: PsychoticBoy i think most of the bets atm are along the lines "will they hit before or after xmas"
mircea_popescu: lmao doing the math for giga.etf. 0.0173+0.016075+0.0156+0.014425
mircea_popescu: occulta so now we know how it was planned to close i guess