log☇︎
81000+ entries in 1.341s
dub: lawyers might argue that as well
dub: its simpler than that, as soon as there is a dispute (e.g. someone tries to claim twice) everyone is fucked
BTC-Mining: Chaang was demanding Nefario to be tagged as a scammer and was uncooperative.
BTC-Mining: So Chaang understood it as owning GLBSE and decided to buy shares.
dub: I own 1 DMC and a soon as someone pays me one million btc for it, im out
Diablo-D3: mircea_popescu: I calculated it as >800
guruvan: hmm...good point (can't as easily.....though it could happen, but then it's a game of who ever has the most funds wins)
dub: jurov: I'll take as many rolls as needed to print all of LoupGaroux, or whatever that fuckwits name is, posts
jcpham: i like t print out forum threads as toilet paper
mircea_popescu: it's as illegal in fiat as bofa is illegal in btc.
BTC-Mining: As such, getting such low dividends...
OneEyed: I think it will need to be stressed more, as some people will expect the exact amount
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
OneEyed: mircea_popescu: ok, so they could get away with 3 days maybe, so 1/10th of the monthly bets, or 1/5th of the average profit. Might be enough as a scam though.
DeaDTerra: It was as high as 1.38 then we had tons of defaults and bad investments.
OneEyed: DeaDTerra: I have had the occasion to tell you already, but I'll say it again a last time: I've not been lucky with my investment, but you were very nice as a manager, and for this I thank you
Diablo-D3: DeaDTerra: so that 1 BTC I invested, what did it end up coming out as?
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
mircea_popescu: and as such im not doing it. if client doesn't trust broker client doesn't use broker.
OneEyed: BTC-Mining: yes, but it forces you to reveal your portfolio, as underlined by copumpkin
OneEyed: usagi: such a protocol should be submitted to as many pair of eyes as possible
copumpkin: so you don't have to reveal your entire holdings to your clients, as a broker
OneEyed: usagi: the problem with GLBSE and MPEX is that they act as a broker, in addition to being an exchange. As long as they don't keep an outside copy of the up-to-date investors portfolios, they disappearing make their investors broke
BTC-Mining: Difference is, FDBF would have losses as soon as any holding they have a loss of value. BTC-BOND would not.
OneEyed: How much you want (MIN/MAX), for how long, and what you're ready to pay as interests for the loan
mircea_popescu: i would regard him as being in default for it tho, and neg rate
mircea_popescu: you lack any verbiage as to the important points : 1. how are claims decided ; 2. how are people prevented from buying insurance on themselves and default.
Eisenhower34: that was the idea, but as it has already been pointed out several times its a CDS
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
OneEyed: Eisenhower34: sure :) And it's true that it will be much more easy to conceal once they have delivered some ASICs, as they will be harder to identify.
Eisenhower34: micea You know the answer yourself... and you should know that you cannot really compare asig TH scale iwth GPU GH scale, same as you couldnt compare GPU <-> CPU MH scales
Diablo-D3: boring as usual
OneEyed: (I'm not talking about the future, I'm talking about the timeframe from May to now that you took as an example)
mircea_popescu: a loss as a gain
OneEyed: The fact that you seem to consider a gain as a loss because when you convert to USD (which is not everyone's currency btw) this shows a gain?
OneEyed: As available
BTC-Mining: Or I might be wrong but I'm pretty sure you tagged them as scammers numerous times.
BTC-Mining: Usagi, DMC, etc. Scamming is technically the willingful conning of money for keeping it for yourself. In their case you believe they are incompetent which is not willingful or taking money for themselve, yet still go around tagging them as scammers.
BTC-Mining: But true enough, some OP dismiss anything other than "Let me give you all my money" as trolling.
BTC-Mining: EskimoBob, although most people who present facts/ask questions are often dismissed as troll on the forum. In your case, it's kind of understandable. Incompetence is not equal to scamming and you keep harassing people as scammers when you believe they are incompetent.
Bugpowder: watch as it goes to zero
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
mircea_popescu: i wou;dnt go as far as that, but for sure there's a ton of misbehaviour
mircea_popescu: "afaik he considers his wife as an asset" ahahaha the ppl on the forum
Diablo-D3: anyhow, I may just buy back as much dmc as possible and see where we're at after that
guruvan: but not as bad as trusting eveyone :D
guruvan: I figured as much
mircea_popescu: Diablo-D3 this vetting problem becomes very serious now, as he refuses to vet SOME people.
mircea_popescu: not as bad as many, i tell you that.
knotwork: mostly trying to figure out how much of what such a contract would have to take into its internal variables as collateral to be sure it can pay out come payout time
knotwork: ok good. as what I am trying to figure out is generic code for asset A and asset B calls and puts for any A and B
knotwork: but if you are agnostic about assets, as Open Transactions is, any asset can be used to buy any other asset
knotwork: since most places have one asset they think of as "money" and all other assets are "commodities" or "foreign currencies" to buy and sell with prices expressed in the "local favourite"
knotwork: BTC-Mining well for eample if you buy from me a put entitling you to put 10 IBM for 1 AAPL on certain date, isnt that the same as buying a call entitling you to buy 1 AAPL for 10 IBM at that same date?
knotwork: well if you obligate me to buy X at a cetrain price as denominated in Y, isnt that the same as obligating me to sell Y to you at a certain price denominated in X ?
knotwork_: Are puts and calls both actually the exact same thing with the pair reversed? So e.g. a USD/BTC put is equally referrable to as a BTC/USD call?
BTC-Mining: Erhm, you're not a deposit taker as far as I know?
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
knotwork_: its hard to believe they are serious if they don't even merged mine as they thus deliberately leave money on the table
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
rg: you dont pay, fine, as long as its worth your knee cap
smickles: well, does anyone have some btc 'on' GLBSE so as to facilitate a quick deposit for me?
mircea_popescu: as in, put buys in 5% or 10% under what you get for the shares on mpex
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
OneEyed: And I also totally agree that if there was a default, then you should pay the shareholders directly, not Ian Bakewell, as per the contract.