log☇︎
992500+ entries in 0.744s
Diablo-D3: you missed the point
Namjies: Which is the whole point of redundant systems...
Namjies: If the redundancy works, it's not a failure...
Diablo-D3: it fails all the time
Namjies: You never know when the 1 every 10 year total failure in a Google service might occur.
Namjies: My BTC address and GLBSE associated address are easy to check for transactions.
Namjies: There's already the payment sent out on the blockchain as fallback data.
Namjies: Too much work, I'd have to make a copy whenever I update the spreadsheets.
Ukto: just keep a copy iand you wont have to worry abou tit
Namjies: Should be fine and at worst, I can see all the payments in the blockchain sent from my personal address.
Namjies: I already have google drive program backing to my PC.
Namjies: I'd have to track back all paid out people from payments I sent out.
Namjies: I only hope one thing... that google drive doesn't fail me and lose the spreadsheets
Ukto: Would just rather see the site be usefull in someway to someone
Ukto: if I can help someone out, thats the idea. off of something thats just being shut down I dont make anything.
Namjies: A bit too late for that.
Ukto: "manage" the claims even
Ukto: but you can go in and update/change it at any time
Ukto: so you dont have to track divs for unclaimed shares
Ukto: great thing about the claim system, is when you pay divvies, it pays them out to holders, and to claims pending
Namjies: I use a spreadsheet to track claims against the list. Once people confirm, I consider shares claimed.
Namjies: It's not too bad either.
Namjies: On top of calculating what to pay to each of them.
Namjies: As well as remove them from the mailing list and update spreadsheets.
Namjies: Got to send them a customized email stating from which address I sent it so they know it's from me and for what since GLBSE payout address is shared.
Namjies: Making manual payments to BTC-BOND/KRAKEN holders for the last weeks and repurchase.
Ukto: ?? timeframe
Ukto: i couldnt make the kidna risk that bfl required
Diablo-D3: so all I get to do is laugh
Diablo-D3: Im the only voice of reason most of the time
Diablo-D3: I told people not to buy from BFL
Diablo-D3: infact I find the whole thing hilarious
Ukto: not sure why. as if they lied.. and didnt ship
Diablo-D3: and lying about the continued state of lying and shippingness
Diablo-D3: and then not shipping again
Ukto: wasnt that last time too?
Diablo-D3: and then lying about the lying
Diablo-D3: and then more lying
Diablo-D3: and then not ship again
Ukto: whut they do now ?
Diablo-D3: so I can hand it to BFL
dub: if I see another guy fawkes mask on that shit im going to be evben butthurter
dub: in that case it might be for the best
dub: so anyone know if vlad and the resit of the cryptoanarchy in the UK set are still involved?
dub: gigavps: please tell us that your janitor invested not gigacorp
dub: 'google was involved in this deal'
dub: yeah thats a funny inclusion
kakobrekla: so they sold a share to a janitor at google
dub: google is clearly the great satan
mircea_popescu: i thought it was shrem
kakobrekla: 20:24.39 ( kakobreklaaa ) isnt that in default or smth
kakobrekla: 20:24.39 ( mircea_popescu ) is that vps giga's thing ?
kakobrekla: 20:24.15 ( kakobreklaaa ) dunno, id rather see bfl keeps its shit for themselfs, with the rest im not bothered
mircea_popescu: isn't 20 mission the thing tradehill people (mckenna et co) made with the money they stole off customers ?
dub: kakobrekla: in that list he is the only dissapointment
kakobrekla: bfl is the one that is bothering me
dub: dude is losing the plot
kakobreklaaa: isnt that in default or smth
mircea_popescu: is that vps giga's thing ?
kakobreklaaa: dunno, id rather see bfl keeps its shit for themselfs, with the rest im not bothered
jurov: yeah, the more people mix into it, the better
mircea_popescu: good for him tho.
mircea_popescu: this mathematically converges to the actual true rate.
mircea_popescu: it's pretty simple tho : if you had 0% rate you would always be included, and receive whatever's paid, 4%, 9%, 9.9% etcv
jurov: well it's true it needs more exact research... i'll maybe put it into spreadsheet over historical data what would happen if i had lowest vs. highest bond rate
jurov: i see it as a gamble, you either receive the interest, or lose exactly the same part as other players
kakobreklaaa: on a side note, i had a surge of new bitcoin forex accounts and 90% of the people never used bitcoin before
mircea_popescu: november was the first time in like half a year that the demand overstripped supply.\
mircea_popescu: the demand is actually consistently less than the suppluy.
mircea_popescu: so the actual self-interest is to ask for 0% and hope someone else asks for 100% or w/e
jurov: plus the demand for bonds is consistently higher than supply, this is the catch
mircea_popescu: risk is = to the interest the person himself asks.
mircea_popescu: potential reward is = to the highest interest someone asks, for everybody.
mircea_popescu: i don't think your modelling is correct.
jurov: while potential reward is depending on requested interest, the risk is not. so it makes sense to maximize potential reward
mircea_popescu: their incentive is that if someone asks for less that someone gets paid and they get nothing.
jurov: then, they have no incentive to lower the requested interest
jurov: all bondholders get the part of loss based on their investment, right?
mircea_popescu: im not sure i get the question.
mircea_popescu: my cock is exactly like a cunt minus the bleeding thing
mircea_popescu: "PSPs are allowed to hold fiat currency on behalf of third-parties and offer payment services, it's exactly what a bank does, minus the issuing of credit."
jcpham: i'm ADHD so that may not apply
mircea_popescu: smickles i dunno, i thought it was
kakobreklaaa: mircea_popescu did you get some physical from the guy whos name is unspellable?
smickles: ya know, come to think of it, it's not that directly obvious, is is?
mircea_popescu: smickles namjies was asking if it's mpoe that puts the 1k bids on options
kakobreklaaa: its old just rip if its not already there!
kakobreklaaa: no need to cut
smickles: kakobreklaaa: cut a hole in the sleeve of your t-shirt
kakobreklaaa: i dont have anything to put that cufflink on
smickles: heh, what caused you to make that statement
smickles: 17:31 < mircea_popescu> ;;later tell namjies ofcourse there's a bot putting in the 1ks. that's mpoe. <<< lolwut?
jcpham: yeah it was a forum thread
jcpham: i remember those but forgot about them
jcpham: who had the cufflinks again?
mircea_popescu: ;;later tell namjies ofcourse there's a bot putting in the 1ks. that's mpoe.
mircea_popescu: so i just received a pair of those bitcoin cufflinks
Namjies: mircea_popescu: is there a bot puting those 1000 ask/bids on options? Is that MPEx default price for options?
Namjies: Hmm, I guess the amount of people suitable is not lacking.
Diablo-D3: not like thats particularly hard