log☇︎
872400+ entries in 0.566s
jcpham: it's the 400 GH/s "product"
mircea_popescu: jcpham wtf i thought they had a chip hashing 2 months ago
ozbot: Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores - The Genesis Block
Wild0wnes: wow talk died in here....
gribble: MtGox BTCUSD ticker | Best bid: 105.36001, Best ask: 106.13824, Bid-ask spread: 0.77823, Last trade: 105.35001, 24 hour volume: 27719.02325452, 24 hour low: 101.21111, 24 hour high: 108.00000, 24 hour vwap: 104.93926
ThickAsThieves: being that I can't control all people and all things, that right is reserved
Wild0wnes: is there plans to set a minimum?
Wild0wnes: "8. To specify minimum or maximum redemption terms and eligibility for Pre-IPO redemptions"
Rulother_: I read that as in bubble pop
ThickAsThieves: The IPO will have a total,
Wild0wnes: okay so on xbond.... if on your next IPO how will you keep from double selling stock.... are you going to change the Units Outstanding on the IPO as you get pre-IPO orders?
thestringpuller: time to buy
mircea_popescu: well if past history is any guide, btc is about to pop
mircea_popescu: whoa that's pretty bearish huh
pankkake: is that a bot that praises "Ken" every five minutes?
ThickAsThieves: 1 HOUR til XBOND is released.
thestringpuller: you can always hedge your bets on BFL not delivering though
mircea_popescu: im not sure i'd trust a bot.
mircea_popescu: it's finnicky tho.
thestringpuller: mircea_popescu: http://thegenesisblock.com/wp-content/uploads/2013/08/Network-growth-hedge.png?d855e7 <- this is why I wish there was an X.DIFF bot for MPEX
Wild0wnes: i panicked just now tho
mircea_popescu: pankkake yes that's a drawback.
pankkake: however the part where users have to sign their actions is not very noob-friendly. unless I use something like openpgpjs…
Wild0wnes: actually i'm still reading it. just struck me as unlikely that you write a blog but don't do your own PR
mircea_popescu: rather than re-implement solutions to already well solved problems. solutions which are broken but have the dubious merit that well... everyone's an innovator in his own estimation.
mircea_popescu: pankkake kinda why i make things, so people with any sense steal them.
thestringpuller: MPEX the organization should be the only thing that can access that key right? So if something is signed with that key it's verfiable no?
pankkake: I like this system. I think I'm going to "steal" it :)
pankkake: ah yes, and it's easy to backup them
mircea_popescu: so from any signed stat the string of transactions takes you to the current one.
mircea_popescu: Wild0wnes how's that work ?
mircea_popescu: which is a better system than this "collective memory" approach.
mircea_popescu: not really. the list being signed, you have proof.
thestringpuller: mircea_popescu: so that means if you trust mpex you can trust your list
mircea_popescu: pankkake mpex issues signed stats to customers.
Wild0wnes: i was really interested in that post of yours until i got to "my PR chick"
mois: just take a look at the list, see if your address and shares are shown and if not scream "HAX!"
mircea_popescu: thestringpuller the list isn't saved.
mircea_popescu: thestringpuller there's a reason gpg signatures are good.
mircea_popescu: and the case where someone is claiming fraudulently.
mircea_popescu: that's my point. list is kind of useless as you can't distinguish between the case where exchange deleted/replaced a holder's address
thestringpuller: the point being you can't trust the exchange to make a valid list?
mois: something went wrong or the address is from another wallet?
mircea_popescu: what if the list doesn't show my address ?
mois: sign a msg on the blockchain with your username of another exchange and let the issuer of the assets transfer the shares on to another exchange
mircea_popescu: how could one verify thias claim ?
mois: i was just wondering about it if there is something like this on BTCT, since BTCT makes a copy of BF list every 30 mins
mircea_popescu: course, suppose i claim my address was in that list.
mircea_popescu: ie the wash trading
mois: on the scam case not much, just create another one for every account you use your "double-spent" money on
mircea_popescu: a, that. yes, that's not a bad thing but it has nothing to do with what we were discussing
mois: on registering an account you are creating a new address to use as your public address and in the case the exchange goes down, you can claim your shares with this address (signing it)
pankkake: that you own them. no more
mircea_popescu: i fail to see what it actually proves tho.
pankkake: the adresses are there to prove you're the owner actually - as you can use them to sign messages
mircea_popescu: that address has 0 txn in it
mircea_popescu: yes but what does that do ?
mois: yeah, that's what i meant
pankkake: bitcoin adresses are pretty much anonymous. they can register multiple accounts
mois: hm :/ this is a big plus on BF side...even though it would be still possible
jurov: ActM was highly suspect from this, too
mircea_popescu: you should probably read the past coupla day's logs here.
mircea_popescu: it's why burnside's name is in there.
ozbot: The anatomy of a scam. pe Trilema - Un blog de Mircea Popescu.
mois: mircea_popescu: was just wondering, what is stopping some scammer from buying some of his own IPO shares, transfer the BTC he received back into his BTCT acc and buy some again...just to generate some kind of hype...would be nice to see if there are some people out there whos shares hold get bigger like this.
pankkake: who's the annoying guy then?
mircea_popescu: you're not the annoying guy.
Wild0wnes: sorry can't post yet on bitcointalk i'm I asking too many questions? I don't want to be the annoying guy
mircea_popescu: mois how is that ?
pankkake: samsung smart tv = telescreen?
mois: is there an asset list on BTCT like on BF with all the shares held and sorted to one anonymous btc address?
Wild0wnes: TAT just trying to figure out if there will be IPOs that I couldn't pre-IPO into with under 10 bitcoins
Hollywoodundead: I see myself on tv everyday
Hollywoodundead: I think, so you can watch yourself on tv and be like "I'm famous"
mircea_popescu: what's next, the cunt with built in cock ?!
mircea_popescu: why the fuck would a tv come witha built in camera
mircea_popescu: "The flaws in Samsung Smart TVs, which have now been patched, enabled hackers to remotely turn on the TVs' built-in cameras without leaving any trace of it on the screen. While you're watching TV, a hacker anywhere around the world could have been watching you. "
Wild0wnes: will be more than 3 days tho ya?
Wild0wnes: sos TAT, has Pre-IPO period been defined yet?
Wild0wnes: requires mind time travel....
benkay: IRC = requires learning a thing.
Wild0wne_: what is the command to switch back to my registered nick?
Rulother_: I like the whole new CIA fiasco that came up with Bengzia
ozbot: NSA lexicon: How James Clapper and other U.S. officials mislead the American public without lying. -
Rulother_: I threw money at Havelock
pankkake: just take over #HavelockInvestments :p
ThickAsThieves: i dont think the world is ready for a TATI channel yet
ThickAsThieves: people will get news from the exchanges, and from forums, reddit, etc
ThickAsThieves: Each IPO will be announced ahead of time, and a timeframe will be set for Pre-IPO redemption exchanges
Wild0wne_: i mean since its via email... and its first come first serve.... the IPO then is sort of happening in your email box
Wild0wne_: so will there be any way for people to know a new IPO of your is being bought up via the Pre-IPO redemption?
Wild0wne_: man i got so much to learn
pankkake: Wild0wne_: people will be able to pay more than face value if they want to. but it woulndn't be a very good idea
ThickAsThieves: it will be very difficult to pump it
Korbman: it's harder to pump and dump bonds when they're being sold at a fixed rate
Wild0wne_: guess everyone is being quiet about this thing because they don't want to pump and dump this one
ThickAsThieves: [10:43] <Wild0wne_> does this mean that whatever your next IPO is could (in theory) be sold out before it even opens? <<< In theory, yes
Wild0wne_: does this mean that whatever your next IPO is could (in theory) be sold out before it even opens?
Wild0wne_: so i have a question nobody seems to be asked...
ThickAsThieves: Havelock doesnt allow tagging like that