log☇︎
80700+ entries in 1.183s
Ukto: and might as well just shutdown the server
Ukto: i only suggest the asset as a partial solution
Doffx: However I'm sure the reason he doesn’t do that is because people would also expect to get their btc as well in the account.
rdponticelli: Anyway, as they deserve some fucking respect, they're not corsairs, they're all just privateers
B0g4r7: I ain't giving Nefario so much as a pic of my big middle finger.
Diablo-D3: [10:21:52] <[\\\]> he can have a copy of my sensitive documents just as soon as I get a copy of his surety bond
[\\\]: he can have a copy of my sensitive documents just as soon as I get a copy of his surety bond
dub: I read that as 'the estimated cost of a 9mm'
JWU42: well - as a verified asset issuer this is BS
rdponticelli: As mircea said, almost all of it's value is time based
rdponticelli: Just as an insure
rdponticelli: And, yes, the time value is why I tend to buy put of as low as a strike as possible
mircea_popescu: far as i'm concerned they're tagged.
Ukto: in a system.. if last trade was a buy at say.. 1.5... and there is a sell at 1.75 that goes through, even though the price is higher than the last trade, woudl you mark that as an up or down for last trade?
jcpham: i like how smilies are used as utter sarcasm
knotwork: not as good a job as pirate maybe though
rdponticelli: smickles: yes, exacly as every other bitcoin "business" which have to return funds
kakobrekla: dissapoint because of the noobishness on the conference and mad because i accualy went there as i could have been easily dissapointed via live stream
mircea_popescu: MrTiggr most scams work out as good intentions turned sour.
Doffx: I treated all of these things as a gamble and I dont like losing so i'm still angry about it.
MrTiggr: sry, cudnt help myself ... as u were
jcpham: and reinvent yourself as a next level scammer
Diablo-D3: you start as a lvl 1 founder
Ukto: As I said before, when I was attempting to work with him to fixup gblse, I spent a month working with him, and I have a pretty good handle on how he deals with shit
BitcoinBear: he is almost as bad a planner as Dank
dub: free as a retarded bird
DeaDTerra1: How about giving the whole forum a scammer tag :) We might as well with all the accusations coming down
Ukto: as it woudl be pointless to mention before finding out if any asset creators want to continue
Ukto: as far as I am concerned, he changed his tos to nothingness
Chaang-Noi: but as far as i know its all nefario :/
copumpkin: Chaang-Noi: I've heard other people saying legal advice they received suggested that issuers (even in the US) would be shielded by the fact that nefario acted as more than an exchange, and he would thus be on the hook for the issuance of bad securities
Chaang-Noi: as far as i know he is giving these codes to terrorists and is using me to launder money.
Azelphur: my asset is still worth as much as I paid for it \o/
pigeons: its going to be a massive mess, we know that, as long as it keeps moving forward from here, its better than moving backward or not moving
mircea_popescu: There has been [for awhile] a fairly reasonable service from MtGox lately as far as withdrawals were going. Is it going back to trouble mode? I have week worth of withdrawals, all don't move.
Chaaang-Noi: as long as it stays over 7.5 im happy
novusordo: anyone know if nefario is requiring ID just for the bitcoin withdrawls, or for proof of ownership of assets as well?
mircea_popescu: (or so we think, as it's not happened yet)
matthewh3: I think if a I2p exchange popped up and used hybrid wallets like blockchain.info then users wouldn't have to worry about the OP's running off with all the coins. If an I2p exchange popped like the GLBSE, Cryptostocks or LTC-Global how could users trust them. I know The Silk Road as been operational for a while but it could just disappear anytime?
boonies4u-Andro: if this is as bad as we think it is
pigeons: if you are shutting down, you get out as fast as you can, let everyone have their stuff back. if you require new id to give back someone's stuff, you either are going to give that info to somebody, or you think you may need to bargain giving that info to somebody in the future
boonies4u-Andro: "Matthewh3 - "All users coins on the GLBSE is safe and untouched. Nafario wants to return them as soon as possible as they are a legal liability to him. He also said he will soon have a way for asset issuers to pay dividends but not trade shares. ""
Chaang-Noi: and wants to protect him self as far as i can gather...
pigeons: probably as good as you can reasonably hope for in this situation
boonies4u-Andro: though, i'm not seeing any description as to what these bonds represent XD
pigeons: yes before it was traded in lindens as all their other stuff, then it moved to bitcoins after linden temp closed their account because someone used stolen lindens to buy bitcoins from them on their exchange
grubles: as many as you want holmes
____Atlas_____: Ha, they would have as much fun
mircea_popescu: solidcoin counts as 10.
mircea_popescu: they never had as many as we do
cryptorific: the difficulty adjustments weren't enough to compensate for the large and irregular hash power increase as far as i can see
noagendamarket: even if we removed nefario as ceo it wouldnt have mattered
boonies4u: as in, if cooling fails, your computers will overheat quickly?
smickles: as hell?
rdponticelli: If there'll be no asic, they can recover some value, as the market has been pricing in that possibility from a while now...
boonies4u: I am afraid of waiting 3 weeks for an FPGA to get here, as I burn through coins
knotwork: MI-5ius being an exception, as the main city where the Martian Intelligence service's section 5 is based
knotwork: in this case its the software developers, they package existing/historic city names as default names so players dont need to exert imagination to invent names for cities
knotwork: (Take a look at Digitalis OT server's asset contracts, their jurisdiction is the city MI5ius on the planet known as M5)
Azelphur: hopefully it's not passport and/or drivers license, as I don't actually have those xD
Diablo-D3: someone else can liquidate DMC, Im sure as hell not going to be
cryptorific: bitcoin is reducible to money, as long as there is one guy will to give you fiat or gold, or whatever its reducible to money
Anduck: it's considered as a currency when bloomberg says it is currency!
rg: as i even said on hte forum
BTC-Mining: oh, as in yours or 100% of the coins? =P
mircea_popescu: rg you know as a general principle you should first make s ure with people they're ok to be publicly outed
mircea_popescu: ;;rate PeterLambert -3 the original GLBBQ scammer. Made a bunch of "funds", LIF.*, made all sorts of claims as to their investment policies, ran off.
BTC-Mining: I'm left with about as much funds whatever happens. Except in one case it's because I get back my assets and they become claimable at their issuer, the other is because I have other people's money and would not know where to return it.
BTC-Mining: So long as we can get asset management out of GLBSE
mircea_popescu: I refuse to limit myself to documents such as SECURITIES EXCHANGE ACT OF 1934.
mircea_popescu: http://scholar.google.com/scholar_case?case=8981495112065260106&hl=en&lr=lang_en&as_sdt=2,5&as_vis=1&oi=scholaralrt&ct=alrt&cd=0#[1] if anyone is curious, i found this a pleasant read
BTC-Mining: Aye... but theymos stated Nefario used users deposit to pay a lawyer, then admitted he was actually just making a guess as he didn't think Nefario had the money for a lawyer and wanted one.
____Atlas_____: I just lost assets I now write off as worthless.
BTC-Mining: I'd say like mircea. For some reason Nefario might just want to quit altogether and isn't forced to close GLBSE. He might just be running from his responsibility as the manager of GLBSE.com
OneEyed: ____Atlas_____: so as far as I know, they haven't voted him out yet
mircea_popescu: realistically they'd either put up a guideline or talk to people involved ("advise as to X Y Z")
BTC-Mining: Seeing as how most seem to act around the forums.
mircea_popescu: so there'd have to be a statute of limitations baked in at any rate, otherwise nobody sane would accept to be part of this as an issuer
mircea_popescu: atm the entire codes mess is due to the fact glbse purported to be an exchange, sold itself as an exchange, but it was merely a dumbass website, not an exchange.
mircea_popescu: point being, to qualify as an exchange in that sense, there'd have to be a way for ownership to be established and verified.
____Atlas_____: With this sufficiently answered, will change economics as we know it.
BTC-Mining: But you know, asset issuer can probably act as escrows for shares transfer.
femtotube: i rather not spend my time arguing with someone as clueless as you , atlas.
____Atlas_____: Delusion is usually characterized with a false sense of reality; not accepting events as they come.
BTC-Mining: Well as long as we get asset holders list, all assets are still perfectly valid even if not on an exchange.
BTC-Mining: and in the end, you have lost the only thing you were sure of, which is your current existence as a human.
BTC-Mining: You could ponder about it endlessly making as many scenarios you want, but never even come close to the reality of things.
BTC-Mining: Yes... we might just as well be bored entities among nothingness who needed something to do, so we created a universe as a playground in which we would not remember having ever lived outside of it.
____Atlas_____: but that's not clear as my body and perception remain stable
____Atlas_____: As a absurdist-nihilist, it's hard for me to get into these kinds of arguments.
BTC-Mining: When I'm talking to people in person, I'm used to people being much clearer and honest about what is their opinion and what they claim as facts.
____Atlas_____: It might as well be
BTC-Mining: I'm simply stating I'm quite astonished at the sheer amount of hearsay/opinion/etc. presented as facts instead of for what it is...
BTC-Mining: or at least that's what I was stating until you interupted me to say that anything presented as a fact is an opinion.
BTC-Mining: Well the whole argument was about how how presenting an opinion/guess as a fact is bad if you didn't directly witness the fact, as it creates confusion for the listener.
mircea_popescu: well theymos is also an idiot. i was just using this as a convenient example.
BTC-Mining: You can state the first as a fact, and the second as a proposition
BTC-Mining: But you saw a body being carried out. As such you cannot claim that you saw the person carrying said body murdered someone. You can only guess or propose said person as the probable murderer.
BTC-Mining: Yes. But that you decide to claim what you saw or not as a body, you still can't say you witnessed a murder.
BTC-Mining: I state what I see for what it is. If I'm just speculating, I'd present it as such.