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924000+ entries in 0.66s
MJR_: i just think that the silicon valley mindset of "let them explore and figure it out" is not a great strategy for most scenarios
guruvan: I've done a buncha dotcom stuff and we always talked about that
MJR_: BUT, there are some times when you need to do that
MJR_: i personally, and this is just my opinion, hate the term "burn rate"
jcpham: and then poof
jcpham: making a secure site isn't that hard
MJR_: he actually introduced me to a nice lawyer
dub: MJR_: table/card games, painting little plastic soldiers
guruvan: what's the CTOs name MJR_?
MJR_: what's tux's background?
guruvan: he seemed to think I'd be more interested in the site's security, rather than the principal's backgrounds
guruvan: I'm curious about his & the cto's backgrounds
jcpham: i wonder if we can get these guys to do shoeonhead.jpg
MJR_: we had lunch a few times
guruvan: meet any of the team?
MJR_: but i haven't watched him at all times
MJR_: love the tweets
jcpham: gonna have to follow him for sure
jcpham: mircea_popescu's twitter is off the charts lulzbot
guruvan: their site was broke when I went there at first...tweeted about that, and he responded to the tweet & sent mail
guruvan: he said he's on the forums & recognized my name - but I didn't recognize his
jcpham: if you think things are wild now...just wait
guruvan: coinsetter = leveraged trading of some sort
jcpham: it's th new bitcoinica pigeons
pigeons: oh well if the ceo says he's legit, its gotta be true
guruvan: ya that's it
guruvan: I've had a chat with him in email - everyone sez that
jcpham: he says they are legit
guruvan: I am so glad I closed out my positions there last week
bVector: everyone has their price right? ;)
mircea_popescu: a lot lol. im not in that biz
bVector: mircea_popescu: you're closer than I am, how much would it take to get you to kick icbit admin in the nuts?
ThickAsThieves: i have real trouble understanding why a receipt cant be the last thing that happens in the chain
mircea_popescu: i get that it's way lower than mtgox ever manages, but still. ridoinculous.
mircea_popescu: for one thing the 100msecond lag is getting on my motherfucking nerves.
mircea_popescu: i'd really love to come up with a better system
guruvan: seems everyone's trade engines were hosed yesterday..I know I should audit my trades
jurov: not going into that discussion now... see ya later
guruvan: ++ ThickAsThieves ;) not pliable....but consistent.
ThickAsThieves: i just mean that we make plenty of reasonable requests and suggestions that end up being painted as absurd of they conflict with mp's original decision
jurov: it will help me not to have a mess in books eventually
jurov: checked their history
jurov: anyway, will do thorough check later. but it would help me if anyone who did anything in coinbr during that time
ThickAsThieves: now i have to go back and audit all my fucking excercises
Bugpowder: After the trade rollback, a NEW order appeared with a # that was higher than an order I placed AFTER my fill at 122
jurov: hmm, coinbr did complain about more inconsistencies than necessary, but looked quite benign
Bugpowder: I didn't notice this order number discrepancy before
jurov: so these trades got rofled back?
ThickAsThieves: that the bot disappeared for so lonbg
ThickAsThieves: other than it being suspicious
jurov: yes. but am tired and the scrollback looks hairy
ThickAsThieves: i have no issue with that
ThickAsThieves: i did try to buy puts at the same time as Bug, but I was too late
jurov: ThickAsThieves, so you were affected too?
Bugpowder: No bot was down by then
Bugpowder: You see, following my 122 order, I placed this order, which did not get filled
ThickAsThieves: mp, do you have a log of when the bot vwap lowered from 227.18 yesterday?
ThickAsThieves: what does that mean, an order appeared
mircea_popescu: by the load balancing solution
mircea_popescu: the reason it lasted too long is that the server itself was being isolated from syncing through being ddosed to as much as it could take
mircea_popescu: and this inconsistency lasted too long
mircea_popescu: the problem is the webserver he was directed to for the stat was inconsistent weith the trade engine master
mircea_popescu: receipt just says "we received your order". this isn't really the problem.
mircea_popescu: 's no way to know what happened to the guy's trade when you issue the receipt.
mircea_popescu: mpex is stateless. there
ThickAsThieves: why not gate the receipt to happen AFTER
jborkl_: mp, sorry to do this again, deposit
mircea_popescu: it is possible (if unlikely) these days for that state to be messy
Doffx: I find it somewhat ironic that they store their bitcoin backups at banks
mircea_popescu: receipt of trade just says trade was received.
mircea_popescu: ThickAsThieves well the bot got in first.
ThickAsThieves: wouldnt matter of being the same second causes glitches
Scrat: master/slave can still be done with single threaded setup
Bugpowder: It's a shame that the bot does not have a timestamped receipt to compare against mine.
Scrat: pgp: a true multimaster system requires two phased commits
ThickAsThieves: the offender loses too
pgp: can't run an exchange that way - you can't have single points of failure...
ThickAsThieves: mp, i dont disagree that things happen,
mircea_popescu: material errors happen. my job of course is to keep it to a minimum.
mircea_popescu: sometimes the police batters down your door and you were the wrong guy.
mircea_popescu: somwetimes they will have your name wrong
mircea_popescu: it;'s like the papers you get from the courthouse.
pgp: unless, of course, you prefer a single threaded, single server solution for your exchange...
ThickAsThieves: i assume thats why they exist
ThickAsThieves: but surely your system is gated to only give receipts as proof of confirmed purchase, no?
pgp: we deal with occasional race condition-type issues from time to time - happens
mircea_popescu: Apr 11 12:27:16 <mircea_popescu> this promises to be a bumpy weekend.
mircea_popescu: Apr 11 12:27:12 <mircea_popescu> okay, everyone get your trades through if you were contemplating anything
mircea_popescu: it hasn't been happening since the january upgrade at all, but then again
mircea_popescu: yes yes, it can happen that a trade's screwy.
ThickAsThieves: adjusted pricing to be to his benefit
ThickAsThieves: easy answer is mp shut off bot manually to protect puts
ThickAsThieves: well if I play the role of Occam in a Tinfoil Hat,
MJR_: always showing up late to the party
pgp: guys - equity, option and futures exchanges bust trades for all sorts of reasons everyday all day long...
Bugpowder: Was the bot going offline a response to the purchase coming across the ticker here? Or was it just a coincidence?
jcpham: according to ny times
ThickAsThieves: i still dont see how that matters if you got a receipt
Bugpowder: Whether that happened before or after the actual bot cancellation, I have no way of knowing
ThickAsThieves: and when i hit buy i was too late