log☇︎
928000+ entries in 0.659s
MJR__: hope they do it well
MJR__: have they tried to make a good faith gesture to the community: yes
MJR__: im saying, is it useful: to some yes, is it possible: yes, is anonymity necessary in this case: yes
MJR__: for moments like those
MJR__: I love these discussions
jurov: not sure how to make sexual analogy for it
jurov: also, not taking into consideration all the other no-no flags, that broker is targeting people who think divesting BTC into stocks is a good idea
mircea_popescu: if she cares what he thinks she's not tall enough to ride.
MJR__: the dad is the SEC
MJR__: does that make her not hot?
mircea_popescu: then she's not old enough to be here.
MJR__: but I see your point, my point is that she may not want her dad knowing she is showing her juicy bits to everyone
MJR__: (though why I want to try, my motives, make no sense)
MJR__: I can't trust her till I see her naked
MJR__: I highly doubt the girl I assumed to be 110 was actually 300
jurov: good for ya. consider starting a rating agency for yourself then.
MJR__: but I can usually tell whether a girl will be gross or hot even with a raincoat on
MJR__: well...not sure the level of dumbness built into this
mircea_popescu: is this ogre a stunner just because she's carefully avoiding the flash ?
mircea_popescu: you believe girls look good till proven otherwise ?
mircea_popescu: there's a girl that says she looks good, but will never pose naked.
mircea_popescu: MJR__ let's try a different approach, maybe sex works better.
jurov: not that torbroker kid
mircea_popescu: 't think that much but still . yeah.
MJR__: I trust mircea_popescu
MJR__: and I TRUST him
MJR__: oh no the BTC people don't like me
mod6: but he's here, and he says he wont, and he says he's interested in making this new econ work, not trying to hose it over.
MJR__: and im sure he could cry about on the beach
mod6: nothing, really. if mircea_popescu run's i guess we're screwed, but we can rate him down in the WoT forever.
MJR__: I see nothing that provides me an FDIC guarantee on an account
MJR__: what can actually guarantee me that mpex cannot do that
MJR__: what is to actually physically stop anyone from taking their coins dumping on mt gox and retiring to a beach town in the Caribbean
mircea_popescu: noriskthere tm
MJR__: build up trust
MJR__: im saying risk what you can afford to lose
mircea_popescu: just, as you get burned, you'll see the presumption of guilt is the correct approach.
mircea_popescu: i didn't say you'd get burned with this specific one
mircea_popescu: this is how people like kludge ended up burned. they felt like they knew.
MJR__: just said that I can see a scenario where they deliver as promised
MJR__: I never said I'd use them
mircea_popescu: but i think as you get burned you'll learn for yourself.
jurov: MJR__ i don't get it too. what information do you have that convinced you it's certainly legit?
MJR__: like every fucking other BTC business out there
mircea_popescu: doesn't have the doctor diploma
mircea_popescu: never went to doctor school
mircea_popescu: look. this is like a teenager declaring themselves a surgeon.
MJR__: haven't done that...yet
mircea_popescu: torbroker is a scam trying to abuse a legitimate model./
mircea_popescu: that's not coinforpizza, that's savings and loans.
mircea_popescu: this torbroker thing takes your 10 btc, buys stocks for them which it holds.
MJR__: you are not loaning your position to them
mircea_popescu: well we can, but not when the facts are clearly on one side.
MJR__: we can agree to disagree
MJR__: simply the coinsforpizza of stock
mircea_popescu: MJR__ torbroker has carefully avoiding making plain the fact that all customer positions are loans to it.
MJR__: lol, but they accept bitcoins, torbroker has not mentioned equity or loans
mircea_popescu: they're not taking loans, not selling equity, etc.
mircea_popescu: not in the sense we're discussing here.
MJR__: are they a bitcoin business?
mircea_popescu: 're the periphery of btc, if indeed part of it at all. seems mostly accidental and well... who cares.
MJR__: only point was its possible (as of the time of this post) to run an illegal business honestly, and anonymously
mircea_popescu: im sure whoever uses sr trusts the pirate guy.
MJR__: and there is a huge difference between legal and illegal
MJR__: so...I see scenarios where people provide an honest service, and those who participate, do
mircea_popescu: kinda the nature of that beast, like the outhouse.
mircea_popescu: no one trusts it much, either.
mircea_popescu: this is true.
MJR__: been around far longer than most
MJR__: well, he operates a trustworthy business apparently
MJR__: is DPR in the WoT? I actually don't know
mircea_popescu: not in the wot. not known to actual btc businesspeople.
MJR__: what's the applicable rule they are breaking?
MJR__: with anonymity, I could care less whether they rule it "homosexual" or "illegal" or "whatever"
mircea_popescu: btc business that fails to fgollow btc rules => fraudulent operation aka scam.
mircea_popescu: point still remains. dollar business thart fails to follow dollar rules => criominal enterprise.
MJR__: I don't define my morals by the law, and could care less what they decide...as long as it doesn't affect me
mircea_popescu: sucks for them i guess.
MJR__: anyone who "brokers" will be in two different businesses
mircea_popescu: it's a dollars busines. if it fails to follow the dollar rules it will be a criminal operation.
MJR__: in the business of dollars? or using dollars to transact
mircea_popescu: ask the us govt.
MJR__: so every store that accepts dollars is a dollar business?
MJR__: not that I know of
mircea_popescu: MJR_ does this thing purport to be a bitcoin busienss ?
MJR__: Pick a security to long or short. At the next market opening, we will mirror your position...
MJR__: Pick a security to long or short. At the next market opening, we will mirror your position on the real market.
mircea_popescu: what do you mean at all ? they claim to be a btc business. they're not.
mircea_popescu: but in fact they do deceive, and it is to their benefit.
MJR__: or to deceive at all
MJR__: but I don't think their intent is to deceive for their own benefit
mircea_popescu: that it intends to harm or it merely intends to deceive is irrelevant.
mircea_popescu: tyes well. man's thoughts can not be on trial since the devil himself doesn't know what man thinks.
gribble: BTCUSD ticker | Best bid: 155.50000, Best ask: 156.00000, Bid-ask spread: 0.50000, Last trade: 156.00000, 24 hour volume: 49176.84450064, 24 hour low: 142.01000, 24 hour high: 162.90000, 24 hour vwap: 151.19257
MJR__: intentional being the key word
MJR__: fraud is intentional deception made for personal gain or to damage another individual
MJR__: so impossible to progress
MJR__: I think we disagree on the fundamental definition of fraud
MJR__: mod6: sorry to hear it
mod6: thats the only time i've gotten scammed