778700+ entries in 0.472s
mircea_popescu: seems
to me about half
the 12-yo-boy demographic cartoons out
there use
this concept.
mircea_popescu: well given what you were replying
to i
took fundamental
to mean "which was never afore
thought"
BingoBoingo: Looks like Openex just processed a batch of withdrawls. Once
these
things confirm it will be
time
to shoot
them over
to x-bt
benkay: did i just get mircea_popescu
to watch a video?
benkay: plus also
the animations are pretty sweet
davout: deanclkclk: what people are
trying
to
tell you is
that your idea is not retarded, but
that it does not constitute an original value proposition
Duffer1: i wonder how many
times he's been offered super cheap ltc
Apocalyptic: it seems deanclkclk
took his idea over
to -otc now
BingoBoingo: benkay:
They have processed withdrawals before, it just usually
takes 12 hours or so. Now,
their order matching...
totally scam.
Apocalyptic: first ATC deposits will confirm in a couple of hours given
the network rate, no much action
to be expected until
then
BingoBoingo: I'm wondering when other ATC people are coming over
to Apocalyptic's exchange.
Bugpowder: you know... place asks and bids way off market at round numbers, get favorably filled at random intervals in
the future.
Duffer1: cryptsy system of
trading, make
trade, it executes a few hours later
BingoBoingo: mircea_popescu: Of course. Who really wants
to use
their acquaintance Brian in
that way at all. Everyone knows
their Brian will just flag everything as a scam and
tell
them
to STFU n00b.
Bugpowder: I like
the cryptsy system of, whatever bid you place
that is over market, you get filled at asks at
that exact price.
deanclkclk: davout: it benefits
the seller and buyer. I was
talking from mostly from
the buyer
davout: goodbye deanclkclk, i'm going
to play
davout: deanclkclk: so no, it's not a very interesting idea, not a bad way
to let users place orders but still
Bugpowder: been waiting for a
test deposit for 36 hours....
davout: deanclkclk: because you reinvented market orders, except you have
the currency amount you're spending locked, not
the currency you're buying
mircea_popescu: Bugpowder
the bot just as soon as it manages
to
talk
to bitcoincharts
Bugpowder: mircea_popescu: when is
the MPOEbot coming back? And when will pending deposits be credited?
davout: yeah, i got
that
the first
time
deanclkclk: so basically you could have a case where for
the original $100 for 1 BTC..I get 1.02 btc
davout: deanclkclk:
this is not a very interesting idea, and certainly not an idea worth building an exchange around
deanclkclk: and use
the $5 dollars
to find an additional ask
davout: i spend all
the 100$ and get more btc
davout: deanclkclk:
that's your idea for an exchange?
Apocalyptic: BTC China already has
these rebates, where
the fee for
the liquidity
taker goes
to
the one who put up
the bid/ask
Apocalyptic: <deanclkclk> davout: basically from a
trade..people get more from what
they ask for // so what about it ?
pankkake: idea: when you overpay for shares, it is distributer
to
the seller; we would call
this
tipping
deanclkclk: do you folks
trade on sites or mobile apps?
mircea_popescu: however i
think
they od'd or something because i haven't heard from
them in a while
mircea_popescu: ThickAsThieves i was in
talks with some people
to recharge your phone after bids if
there's like stuff left over
deanclkclk: davout: basically from a
trade..people get more from what
they ask for
Duffer1: ha i
told stringpuller
there was money
there like months ago
benkay: jurov had
to pay me
to write a manual for your "exchange"
davout: deanclkclk: so you want a howto about how
to create an exchange?
deanclkclk: I don't want on how
to create an exchange. I'm just pitching my idea
to get a feel of what people
think
benkay: deanclkclk: you might listen
to davout he does what you're dreaming of doing.
davout: deanclkclk: you want advice
to create your exchange?
mircea_popescu: benkay Yeah, I’m getting rid of all my furniture. All of it. And I’m going
to build
these different levels, with steps, and it’ll all be carpeted with a lot of pillows. You know, like ancient Egypt.
benkay: play is an important part of
thinking
benkay: deanclkclk does
that mean our deal's off?
deanclkclk: I'll
try another irc. You guys are
too playful
to be
taken seriously
benkay: and maybe in retrospect it's not so much a shorting as entering into an option
to spend some
time if
the guy leaves us alone, delivery of which he'll
take when/if he delivers
davout: ThickAsThieves: vaultofsatoshi has like a 11-people
team,
that sounds big for an exchange
that does 400 weekly volume
pankkake: I don't know if I can apply filters
to
this
thing
davout: Duffer1: looks interesting, i see nothing obviously sketchy for
the service
benkay: deanclkclk: you agreed
to bugger off 'till you delivered something i can audit. now do so.
mircea_popescu: speaking of which, pankkake you may wanna
take out
the OTQuMjMuMjE1LjE3NA== part.
mircea_popescu: so now
that we understand ourselves, get in
the wot, stfu and read
the log for a while,
then we can
talk again.
mircea_popescu: it is a matter of you not knowing anything, not even sufficiently something
to allow you
to understand how little you know.
mircea_popescu: more importantly, you aren't at liberty
to ignore
the recommendations i make. re-read
the log,
they're
there.
mircea_popescu: and you are neither at liberty
to judge me nor are you at liberty
to make recommendation.
deanclkclk: rather
than complain..offer suggestions
Duffer1: don't
take
that personally hehe
deanclkclk: from my first sentence..you've been making me out
to be a mentally retarded idiot
☟︎ Apocalyptic: <deanclkclk> hopefully ...after about 10 months. We could insure folks coins but not like 100% // good luck with
that
mircea_popescu: to have fixed answers for such low level questions at
this juncture merely indicates you do not have
the intellectual resources
to correctly model
the problem you declare./
mircea_popescu: the decision of how many months of free
trade
to have is a resolution of
the greater issue of how
to market a product, which is in
turn decided and framed by greater issues.
Duffer1: your position is still open if you have any money left and no sellers willing
to meat your price
Duffer1: if your bid matches a sell,
the exchange executes
the
trade for however much
the seller sold
deanclkclk: then when launch..the site will provide 3 months of
trading free
benkay: deal? you stop bothering us about
this until it's done, when it's done i audit your codebase.
benkay: all
the audits going
to say is probably something like "kinda full of holes, operationally bogus, liable
to lose your coins"
Duffer1: i don't see why you would want
to dean, a person can just set
their price
to buy until
their 100 is spent