asciilifeform: in linked thread , asciilifeform asks the q of whether this problem is even theoretically approachable.
asciilifeform: if tomorrow usg decides 'btc will crash to 5k' and moves the arrow on goxes to 5k/per , everybody goes 'it's 5k', even folx who swear they never look at a gox. imho this is a bug. and no i do not have a proposed pill. is all.
asciilifeform: it does not solve the problem ( am i only one who sees it as problem ? ), merely moves it , like the orthodox j00z moved their bread oven lighting to goy-modem
asciilifeform: i did read this ( both 1st pass, when posted, and last night )
asciilifeform: i'm not objecting to the 'opens tcp to to usg server' part. but to the price signal.
asciilifeform: there's a substitute that doesn't use gox temperatures for anything ?!
asciilifeform: but is there a flaw in asciilifeform's logic ? if the goxes are really as shallowly supplied with btc as previously suggested, it ought to take a quite modest bag of usd, to do them in. and yet nobody's done ?
asciilifeform: without any direct contact with goxes.
asciilifeform: seems to me that anyone with a bag of usd, could thermonuke the gox price-dampener scam.
asciilifeform: mircea_popescu: i was thinking moar re http://btcbase.org/log/2018-05-23#1817438 thread. it is almost certainly the case that the usg gox ensemble would try to prevent a hypothetical usg-long mircea_popescu from buying up all of the coin and sending price to maxint. but what could they do to prevent 9000 types of insect who show up to buy 9k coin to take to 'we give 50k/per' dispenser.☝︎
asciilifeform: ^ this item, it appears cost literally its weight in gold, to deliver.
asciilifeform: the lack of closed model suggests that large fiatola holders prefer to buy coin on the sly or not at all. which makes sense in light of cowardice.