gribble: Best bid: 11.67752, Best ask: 11.67753, Bid-ask spread: 0.00001, Last trade: 11.67752, 24 hour volume: 22623, 24 hour low: 11.56025, 24 hour high: 11.85
jurov: hehe... don't bit4x client need some btc/usd hedging?
jurov: like, i'm going to trade forex, fund my account in btc and then have second thoughts
jurov: what if btc is going up and i'll be stuck at usd...
kakobrekla: your MT4 balance is denominated in btc
jurov: but what happens if btc shoots up? you eat the loss?
kakobrekla: all deposits that clients made are in my cold storage
assbot: [MPEX] [S.MPOE] 30514 @ 0.00043464 = 13.2626 BTC [+]
jurov: but if someone funds with btc and want to trade trades eur/usd, and later wants to cash out in bitcoins, you use current exch rate, no?
rg: ive been wondering a similar quetion
jurov: then they have to take bitcoin movement into account
jurov: you dodge my question
kakobrekla: your deposit, your mt4 balance, your PL
jurov: so it's practically btc.usd forex?
kakobrekla: as site says its irrelevant as per your trading
jurov: so i deposit, say, 100BTC. now, can i use them for usd/eur/gold forex trades, no?
kakobrekla: for comodities 0.1 lot is minimum, meaning with 100 btc you need 1:100 leverage
kakobrekla: for the rest of the stuff 0.01 is min, so 100 btc with 1:10 will do
jurov: dunno, perhaps i'll have to try it myself to understand why btc/usd is irrelevant at bit4x
kakobrekla: just imagine eur is btc on the exchange
assbot: [MPEX] [S.MPOE] 11246 @ 0.00043464 = 4.888 BTC [+]
assbot: [MPEX] [S.MPOE] 3916 @ 0.00043464 = 1.7021 BTC [+]
assbot: [MPEX] [S.MPOE] 11100 @ 0.00043486 = 4.8269 BTC [+]
assbot: [MPEX] [S.MPOE] 17284 @ 0.00043494 = 7.5175 BTC [+]
assbot: [MPEX] [S.MPOE] 9759 @ 0.00043059 = 4.2021 BTC [-]
assbot: [MPEX] [S.MPOE] 30014 @ 0.00043045 = 12.9195 BTC [-]
dub: mmm the mrs brought me back a 21 y/o
assbot: [MPEX] [S.MPOE] 1845 @ 0.00043045 = 0.7942 BTC [-]
BTC-Mining: Well that'd be mostly what I was doing then.
BTC-Mining: And the movements were quite extreme, it was ridiculous
assbot: [MPEX] [S.MPOE] 22500 @ 0.00042928 = 9.6588 BTC [-]
BTC-Mining: Only because I put a lot of money upfront to start trading.
BTC-Mining: More than I could actively trade, so most had to be left in some asset or another.
BTC-Mining: It then allowed me to have a lot of lowball bids everywhere.
BTC-Mining: And people would always eventually sell into it.
BTC-Mining: Sometimes as low as 5%-30% of the asset's average value.
BTC-Mining: Hey, I'm calculating what I earned and it comes near 7% per week on average.
BTC-Mining: All due to a few purchases under 10% of the asset's value.
BTC-Mining: Sometimes even under or near the next dividend's value.
BTC-Mining: Eh, tell that to those who bought fixed hashing bonds...
mircea_popescu: miners are only secure in the sense that you're secure in the knowledge your investment will eventually devalue to almost 0.
thestringpuller: at some point 0 btc transactions will take days to clear no?
mircea_popescu: you'll have to double power every 18 months just to stay the same, and this AFTER it stops growing.
thestringpuller: if you have hardware couldnt you liquidate your equipment over time to somewhat cover the cost of keeping up with moores law...
kuzetsa: people playing satoshi dice will keep wasting time with the various faucets, and eating transaction fees to pay the miners for their electricity
kuzetsa: [00:22:13_UTC-0400] <kuzetsa> it'll be fine
mircea_popescu: thestringpuller it's a cash-flow business. let me dig the thing up
mircea_popescu: .g site:bitcointalk.org miner bonds worst investments you can make
assbot: [MPEX] [S.MPOE] 7503 @ 0.00042928 = 3.2209 BTC [-]
assbot: [MPEX] [S.MPOE] 10800 @ 0.00042927 = 4.6361 BTC [-]
assbot: [MPEX] [S.MPOE] 13097 @ 0.00042926 = 5.622 BTC [-]
BTC-Mining: Mining is profitable... just not for fixed mhash/s bond because of what's stated in the thread.
mircea_popescu: thestringpuller the last play-pretend forum banker defaulted recently, didn't he ?
mircea_popescu: i'm sure he has a great plan to make everything right over the span of a few years
mircea_popescu: i'm also sure he's going to spend most of those years in various courts.
mircea_popescu: it doesn't work in the real world, either. if you compensate for bad loans by jacking up rates eventually you create a vicious circle :
mircea_popescu: the only people willing to borrow are those who don't intend to repay.
BTC-Mining: aye, so where can I read about that? Do you remember the thread?
mircea_popescu: you will, once he fails to pay my 500 btc end of the month
BTC-Mining: so... how do you know if there's no announcement or anything?
BTC-Mining: Not sure why you would think so for Harnett
BTC-Mining: It's now the wee hours of the morning. I'm off for today.
assbot: [MPEX] [S.MPOE] 5907 @ 0.00042926 = 2.5356 BTC [-]
assbot: [MPEX] [S.MPOE] 18793 @ 0.00042921 = 8.0661 BTC [-]
assbot: [MPEX] [S.MPOE] 45100 @ 0.0004295 = 19.3705 BTC [+]
assbot: [MPEX] [S.MPOE] 12952 @ 0.00042921 = 5.5591 BTC [-]
assbot: [MPEX] [S.MPOE] 25255 @ 0.00042921 = 10.8397 BTC [-]
assbot: [MPEX] [S.MPOE] 6245 @ 0.00042908 = 2.6796 BTC [-]
noagendamarket: mircea_popescu why would you loan him 500btc if hes a "fake banker"
assbot: [MPEX] [S.MPOE] 23555 @ 0.00042908 = 10.107 BTC [-]
assbot: [MPEX] [S.MPOE] 14700 @ 0.00042898 = 6.306 BTC [-]
assbot: [MPEX] [S.MPOE] 12745 @ 0.00042883 = 5.4654 BTC [-]
noagendamarket: I really dont know. Nothing surprises me anymore wrt bitcoin bankers
assbot: [MPEX] [S.MPOE] 7214 @ 0.00042883 = 3.0936 BTC [-]
assbot: [MPEX] [S.MPOE] 11995 @ 0.00042868 = 5.142 BTC [-]
assbot: [MPEX] [S.MPOE] 10356 @ 0.00042868 = 4.4394 BTC [-]
assbot: [MPEX] [S.MPOE] 16939 @ 0.00042863 = 7.2606 BTC [-]
copumpkin: mircea_popescu: I think it's kind of shitty to claim that harnett defaulted, and then to revise the claim to say you think he will
assbot: [MPEX] [S.MPOE] 20900 @ 0.00042863 = 8.9584 BTC [-]
assbot: [MPEX] [S.MPOE] 2461 @ 0.00042863 = 1.0549 BTC [-]
assbot: [MPEX] [S.MPOE] 14500 @ 0.00042843 = 6.2122 BTC [-]
assbot: [MPEX] [S.MPOE] 9666 @ 0.00042843 = 4.1412 BTC [-]
mircea_popescu: i didn't revise the claim. what i pointed out was that third parties will be able to verify this at a set point in the future.
assbot: [MPEX] [S.MPOE] 41763 @ 0.00042855 = 17.8975 BTC [+]
assbot: [MPEX] [S.MPOE] 4937 @ 0.00042879 = 2.1169 BTC [+]
assbot: [MPEX] [S.MPOE] 5500 @ 0.00042843 = 2.3564 BTC [-]
EskimoBob: what? Another drama in the happy-happy-joy-joy bitcoin land?
EskimoBob: this seen is worst than the Mexican soap opera
assbot: [MPEX] [S.MPOE] 2563 @ 0.00042879 = 1.099 BTC [+]
assbot: [MPEX] [S.MPOE] 36921 @ 0.00042995 = 15.8742 BTC [+]
assbot: [MPEX] [S.MPOE] 3163 @ 0.00043439 = 1.374 BTC [+]
assbot: [MPEX] [S.MPOE] 6962 @ 0.00043494 = 3.0281 BTC [+]
assbot: [MPEX] [S.MPOE] 8034 @ 0.00042843 = 3.442 BTC [-]
assbot: [MPEX] [S.MPOE] 32400 @ 0.00042841 = 13.8805 BTC [-]
assbot: [MPEX] [S.MPOE] 15125 @ 0.00042837 = 6.4791 BTC [-]
EskimoBob: gpumax was spamming for news sign-up's not too long ago
EskimoBob: Chaang-Noi: how's your ninja team doing? Any progress? When can we see bleading and toothless Trendon begging for mercy and transferring all the stolen coins back?
Chaang-Noi: when pirate did that wait til the 12th thing most people quit on me
Chaang-Noi: i had to operate on my own for the share holders
Chaang-Noi: anyway the other people are now ready to sue pirate...
Chaang-Noi: i have trusted friends who called the SEC
Chaang-Noi: im going to wait for them to contact me directly
Diablo-D3: Chaang-Noi: yeah, I dont like whats going on here
EskimoBob: chats are bull shit and if they start twisting your arm, you have nothing to prove it. Chat ONLY via letters and publish every one of them
Chaang-Noi: they want me to call them and they tape my phone call, not going to happen
assbot: [MPEX] [O.BTCUSD.P120T] 10 @ 0.09413432 = 0.9413 BTC [-]
Chaang-Noi: esp if they wont tell me what they want
EskimoBob: unless they show you a court order (publish it) that prohibits the publication of documents
EskimoBob: let them send you a letter with what they want
Chaang-Noi: yeah im not doing shit until they contact me
EskimoBob: remember court order or they can go and fuck themselves
EskimoBob: especially if they ask for third party documents or what not
Chaang-Noi: they will have to ship me over from thailand
EskimoBob: aren't you on a "wanted" list in US?
Chaang-Noi: unless pirate was doing some terrorist like shit
EskimoBob: I was reading somewhere that you are not really comfortable in US because of some old shit
EskimoBob: yeah, something about you escaping to Thailand etc
Chaang-Noi: was this something i wrote or someone else?
EskimoBob: that's why it sounded a bit strange
EskimoBob: the assets-otc happening that's paling in the theater near you :)
EskimoBob: i need to rise the coin to get this project off the ground but if assets-otc has problems (personal) I am not aware of, then this is kinda bad :(
EskimoBob: Chaang-Noi: or are you guys just "in love" like me and usagi? LOL :)
Chaang-Noi: he just trolled my threads hard with crazy stuff like theymos and nefario were defruading my investors with me
Chaang-Noi: i just trolled his thread to show people how crazy he was
EskimoBob: Unstable? how unstable? Like usagi?
Chaang-Noi: cuz he went into every thread i had and made shit up
Chaang-Noi: he thinks theymos and neferio are working with me to sell fake stocks on glbse
Chaang-Noi: and he kicked you out at the drop of a hat for no reason
EskimoBob: i did not know that... shit. this guy is unstable
EskimoBob: I was actually in his side and not goats
EskimoBob: I guess he did not like my comment about the drama
EskimoBob: fuck, this is really strange because I was promoting hes service, not getting in the middle of goats and piotrs fight and actually asking them to chill out
Chaang-Noi: i was just trolling him cuz i knew he would act liek this
EskimoBob: thanx man, I this piotr guy can go and fuck himself unless he apologises in that same forum thread
Chaang-Noi: you can tell him i was just fucking with him if you want :)
Diablo-D3: leotreasure: hiding with kim dotcom
Diablo-D3: this is why I have not given much in the way of fucks over dmc
Diablo-D3: the entire community is full of assholes
assbot: [MPEX] [S.MPOE] 32200 @ 0.00043344 = 13.9568 BTC [+]
assbot: [MPEX] [S.MPOE] 4065 @ 0.00043494 = 1.768 BTC [+]
assbot: [MPEX] [S.MPOE] 1200 @ 0.00043515 = 0.5222 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00043537 = 3.0911 BTC [+]
assbot: [MPEX] [S.MPOE] 6035 @ 0.00043551 = 2.6283 BTC [+]
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
gribble: Currently authenticated from hostmask tonikt!~tonikt@unaffiliated/tonikt . User tonikt, rated since Mon Jul 9 09:55:31 2012. Cumulative rating 6, from 5 total ratings. Received ratings: 5 positive, 0 negative. Sent ratings: 7 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=tonikt tonikt: kakobrekla: do you have something against me?
EskimoBob: I am truly surprised that he acted like this with out any reason
kakobrekla: well im not particuraly fond of this semi random kicking out
EskimoBob: do you understand that I was on your side?
kakobrekla: and well tbh, "If they are licking your balls, or compromising my reputation - yes!"
kakobrekla: i was checking the reputation being compromised
tonikt: so you think goat, nefario an theymos are honest people?
EskimoBob: theymos and neff are as bad as this trendon fuck
tonikt: With you EskimoBob, I'm done
tonikt: kakobrekla: Would you let them into your service?
EskimoBob: I am honestly surprised that you acted like that tonikt
Chaang-Noi: and yeah i can be a giant asshole at times :)
kakobrekla: i run bit4x and smpake, why would i disallow them to use it - i have no reason to
Chaang-Noi: anyway guys, ill be back alter, time for a massage :)
EskimoBob: i have promoted your service in almost every message lately and inviting pople over and now this
tonikt: I'm just taking good care of the reputation of assets-otc
kakobrekla: for all i care pirate can open a forex account with me
tonikt: You don't like it - I dont care
EskimoBob: tonikt: you have no assets in otc any more
kakobrekla: whole community dont like -you dont care
EskimoBob: running service like that you can not be such a drama queen and a fkn flip-flop
EskimoBob: anyone can piss you off just by spelling your name wrong tonikt.
tonikt: EskimoBob: you were offending me back then, when I was saying that Goat and Nefario were crooks
EskimoBob: I am glad it happened so early and not on later time.
tonikt: Then I turned out be be right...
tonikt: You came asking me, aprologizing, if you can use my service
tonikt: I let you in - but you did not learn the lesson
tonikt: And you have kept offending me
tonikt: So, thats why I'm done with you
tonikt: kakobrekla: are you his lawyer?
tonikt: Quite: "Chaang Noi, thank you for the warning. Good news is that assetc-otc owner has no access to issuers nor investors coin."
tonikt: Thats an offense for me
EskimoBob: " I had my share of word fights with piotr_n not too long ago but it's water under the bridge and all have moved on.
EskimoBob: The asstes-otc ideas has potential (if it gets a "trading" interface"
EskimoBob: tonikt dude, you obviously have some serious issues. Sorry, I can not deal with someone as unstable as you and I can not recommend your services to anyone from now on
EskimoBob: fuck me... this is worst than soap opera... LOL
tonikt: I agree - I don't take it seriously, you do all the drama and I just do "update assets set delisted=1 where id=2" - and then just laugh... :)
EskimoBob: like damn emo-girls on their fkn periods
tonikt: I know EskimoBob that you cannot deal with me - and that is because I will not allow you to deal with me amnymore
tonikt: But, please keep dealing with Goat
EskimoBob: tonikt: you just demonstrated how fucked up up actually are :)
tonikt: EskimoBob: "fucked up" is quite a relative term :)
tonikt: ... so I'm tending to agree on it.. :)
Diablo-D3: SUPERGOAT TO THE RESCUE! FORM OF A BONG!
tonikt: Don't deny your feelings
EskimoBob: just fuck off now tonikt, you need to grow up
tonikt: hey, you came to me - remember?
tonikt: you appologized for being a dick to me in a past
tonikt: and then you asked if you can get your shit listed at assets-otc
tonikt: and then you showed me your disrespect
tonikt: and then I delisted you
EskimoBob: and now you think that I have insulted you somehow?
tonikt: and now you tell me: fuck off
Diablo-D3: quickly tonikt, write an EskimoBob x goat fanfic
Diablo-D3: post it to the forums for great victory
tonikt: so, I would not be so sure that I am a one who needs to grow up
EskimoBob: and you just pissed it all away tonikt
Diablo-D3: man, whats with all this commentary about needing to grow up
tonikt: A gave you a chance - and you blew it
EskimoBob: i blew nothing :) you flipped out over nothing and acted like a asshat
tonikt: Sure, my loss... what am I going to do now? :)
tonikt: I hope you guys understand that I do this project more as a hobby
tonikt: So there is no way that I am going to let anyone using my work for free while disrespectful to me at the same time
EskimoBob: LOL, I was one of the few guys actually on your side
kakobrekla: 13:50.45 ( tonikt ) I hope you guys understand that I do this project more as a hobby
kakobrekla: meaning what exactly, with nefario those words ment he doenst give much fuck
kakobrekla: i dont think other peoples money + hobby doesnt go well together
assbot: [MPEX] [S.MPOE] 400 @ 0.00043247 = 0.173 BTC [-]
assbot: [MPEX] [S.MPOE] 1981 @ 0.00043052 = 0.8529 BTC [-]
tonikt: kakobrekla: do you have an idea what assets-otc is about?
tonikt: it's not an exchange like glbse was
tonikt: I dont touch any money
kakobrekla: well, if it was anything like bitcoin-otc there wouldnt have bans like that
tonikt: EskimoBob can still log in and owe assets at the service
tonikt: he is just not allowed to be an asset issuer
tonikt: because I need to take care of the reputation of this service
kakobrekla: nanotube rep doenst go down if 10 scammers join otc
EskimoBob: you pissed on your "reputation" (that was low anyways) buy showing how unstable you can be
tonikt: kakobrekla: but nanotube does not hold onyone's bitcoins?
tonikt: while the asset issuers in my doervice do
EskimoBob: sorry man, I was really trying to promote your service.
tonikt: So I will go my best to protect the users from dishonest asset issuers
EskimoBob: tonikt: so do not you hold any coin
kakobrekla: seriosusly girls, get your shit together.
tonikt: kakobrekla: well, it isnt me who has been crying here
EskimoBob: forget it, I am not going to waste my time on this egomaniac
tonikt: if any of us - it would rather be you :)
EskimoBob: tonikt: I d di not cry. I was just surprised what you did and your reason for this is ... how to put it ....
tonikt: And you are still surprised, despite my explanations
tonikt: And you are still crying
tonikt: What can I tell you guys: my server - my rules
kakobrekla: tonikt now you are starting to insult me. :)
tonikt: kakobrekla: you started first
tonikt: I came here because you mentioned myh name in a negative contect
tonikt: Let me quote: jeez. even i made txes with him.
tonikt: So it seem like now you regret making txes with me back then
tonikt: Well, it that makes you feel better: I regret it too :P
tonikt: Well you tell me - these are your words
tonikt: Maybe we understand English differently
kakobrekla: yeah, i was wondering what otc ratings were behind the words "If they are licking your balls, or compromising my reputation - yes!"
tonikt: But your expression about making txes with me in the past came out as quite regretful
tonikt: kakobrekla: but you know that the person who I spoke these words to does not have any OTC rating
tonikt: because he says that OTC is shit
tonikt: (though that may not be an exact quite)
Diablo-D3: [08:03:21] <kakobrekla> yeah, i was wondering what otc ratings were behind the words "If they are licking your balls, or compromising my reputation - yes!"
Diablo-D3: why is that guy against homosexuality?
tonikt: So if you don't have the full picture, how dare you judging me by one sentence, not even spoken towards you?
Diablo-D3: Ball licking between two consensual adults is protected by the constitution.
Diablo-D3: kakobrekla: implication that ball licking is bad
tonikt: and not seeing it as a metaphore
tonikt: fi you would have said "kiss ass" instead of "lick balls" - would that sound better to you?
tonikt: and would that be then acceptable?
Diablo-D3: no one is kissing anyone's ass anyhow
Diablo-D3: eskimobob and goat are both forum trolls
kakobrekla: you knew this before you let him be an issuer in assets otc?
tonikt: No - I gave him the benefit of the doubt
tonikt: But as I said: he just blew it a few days later
tonikt: And I don't see any harm done, so I do not understand why you are acting like EskimoBob was a victim and you were his advocate
tonikt: A minor mistake - and fixed already
kakobrekla: the lack of biz ethics in bitcoin bothers me
kakobrekla: thats this topic is interesting to me.
tonikt: biz ethics - wtf is this?
tonikt: never heard about anything like this
tonikt: why wont you teach me, then?
tonikt: I have the whole afternoon
tonikt: But tell me please, was it more the balls related sentence I spoke to Goat - or the fact that i fixed my mistake and kicked EskimoBob's asset out of my service - which one of the two violated the biz ethics?
EskimoBob: this drama and unstability is tiresome. I am glad that this little man flipped out so early and not at some later date. Egomaniacs and primadonnas are bad news and annoying
Diablo-D3: tonikt: they both trolled you and won
EskimoBob: I did not troll him at all Diablo-D3
EskimoBob: unless you have no idea wtf trolling means Diablo-D3 :)
tonikt: I dont care about they trolling me
tonikt: And I dont care about EskimoBob neither Goat
Diablo-D3: EskimoBob: you had a legitimate asset listed on his service, correct?
tonikt: I just wander what does kakobrekla have against me and my ethics?
Diablo-D3: EskimoBob: legitimate assets are considered trolling now
EskimoBob: tonikt: you have no ethics, obviously
tonikt: EskimoBob: as for your standards, I really hope that you see me like this :)
EskimoBob: tonikt: are you sure you are a man?
tonikt: EskimoBob: why would you care if I'm a man?
EskimoBob: maybe you are a lonely and angry girl?
tonikt: You do business with Goats daily
tonikt: Well, not anymore, after your other hero Nefario shut down the webpage
tonikt: But you are still kissing Goats ass
tonikt: Ho do you kiss his ass?
assbot: [MPEX] [S.MPOE] 33700 @ 0.00043154 = 14.5429 BTC [+]
tonikt: I just gave you a quote - look above
tonikt: And I am sure I could find hundreds of such on bitcaoointalk
EskimoBob: i thanked him for a warning and that was it.
EskimoBob: worst thing is, he was RIGHT! you are unstable :)
tonikt: Oh, I am extremely stable - I just don't do business with crooks
tonikt: And as soon as I identify one, I just kick him out
EskimoBob: fuck dude, you are funny little man
tonikt: But for all the other, nobody complains about my stability
EskimoBob: stability? you have none to complain about :P
tonikt: mircea_popescu: assets-otc.com
tonikt: Definietlly less profitable than yours
tonikt: I's actually say: a negative profit :)
tonikt: But it does have a future - best security a man can get so after all the other exchanges get hacked, robbed or closed - mine will be the only one left :)
tonikt: At least that's the plan :)
mircea_popescu: thinking you can replicate the things by copying what you perceive of their surface.
tonikt: You obviously dont understand my system if you think I copied your idea
tonikt: I told you: I dont even know what your idea is about
tonikt: Well, I cannot be 18 anymore - thats one thing for sure
tonikt: But as for the rest... we will see
tonikt: but I can swear in english pretty well :P
tonikt: usually some first words you learn in a language
Chaang-Noi: Diablo-D3> eskimobob and goat are both forum trolls <--- I troll to make a point.. i have skills :)
Chaang-Noi: <EskimoBob> this drama and unstability is tiresome. I am glad that this little man flipped out so early and not at some later date. Egomaniacs and primadonnas are bad news and annoying <--- this is why i was trolling, i wanted him to go nuts sooner rather than later
tonikt: oh, they keep exploiting the fact that I kicked out EskimoBob's asset from assets-otc
kakobrekla: oh come on Chaang-Noi, you find a reason in aftermath for everything you do
Chaang-Noi: no, i even sent a pm about it to scholastic
mircea_popescu: jesus there's so much nothing happening in btc every day i find it impossible to keep track
Chaang-Noi: as soon as i found out who was running that service i went there to fuck with his head
Chaang-Noi: kakobrekla read the thread, im clearly trolling with him and trying to provoke him
Chaang-Noi: he just going nuts on eskimobob was unexpected
Chaang-Noi: i just assume i would make him look crazy with his conspiricy theorys
tonikt: EskimoBob: so now you see who to blame - Goat provoked me to kick you out :)
Chaang-Noi: he did more than i expected but that was my goat...
tonikt: .... and I just could not stand the pressure the guy put onto me :)
kakobrekla: 14:37.51 ( Chaang-Noi ) as soon as i found out who was running that service i went there to fuck with his head < - so you are saying you had something against tonikt before this drama now? what was it?
Chaang-Noi: go read the thread, he went into all my asset threads and made silly claims about me selling fake bonds
Chaang-Noi: he even called neferio and theymos as pat of my bitches
mircea_popescu: so to make a long story short, eskimobobby launched some asset (was it that recording studio thing ?) and tonikt pulled a nefario/goat thing ?
Chaang-Noi: the thing is, we dont know why he did it
Chaang-Noi: Kakobrekla you should read the thread, and see all the crazy attacks he has made aginst me
tonikt: mircea_popescu: unlike you I dont run an exchange
kakobrekla: i dont have time currently if its not a single post.
jurov: mircea i really appreciate you puting in faq :)
jurov: tonikt, while you are here, can you please explain why you aren't same thing as mpex?
tonikt: because mpex holds bitcoins
Chaang-Noi: tonikt why did you think nefario lied and let me sell "counterfit" bonds?
Chaang-Noi: why do you keep calling him "my bitch"
tonikt: I only help to process PGP signed contracts and the bitcoin payments go over the counter
Chaang-Noi: are you not aware of our relationship? :)
tonikt: .. plus lets face it: mpex looks like shit :)
tonikt: while the UI of my service is pretty intuitive
assbot: [MPEX] [S.MPOE] 3450 @ 0.00043154 = 1.4888 BTC [+]
assbot: [MPEX] [S.MPOE] 6559 @ 0.00043237 = 2.8359 BTC [+]
jurov: tonikt, where is the advantage to selling assets over bitcoin-otc directly?
Chaang-Noi: with tonikt you get to trust the assets will be delisted almost at random, lol
jurov: and talking about UI, bitcoin-otc at least has some order book, do you have one?
tonikt: Since the page helps to keep the account balanaces it can help to pay out dividends, proportionally to the share owned
tonikt: jurov: If you were an asset issuer, you'd definitely prefer to use the system like assets-otc, rather than keep all the books manually
tonikt: It automates a pretty huge part of the bureaucracy behind bookkeeping
jurov: okay, that's nice but i'm asking about order book atm.
tonikt: order book - I just suggest to use the OTC one
tonikt: why to re-invent the wheel
jurov: oh, then you are NOT an exchange. just some app to help asset issuers.
tonikt: I'm saying it all the time - but people just dont seem to get it
tonikt: You can store assets at assets-otc, you get a PGP signed receipts, but it is not a trading platform
jurov: hm.. wouldn't that work much better as desktop app, at least for asset holders?
tonikt: assets-otc is more like a bitcoin wallet, rather than a bitcoin exchange
tonikt: jurov: isn't a web browser also a desktop app?
tonikt: plus of course, to handle the service you need a desktop app: GnuPG
jurov: as seen in the past, some will rather die than to copy/paste text to gpg and paste the result back to browser
jurov: it shouldn't be hard to streamline
tonikt: But my service is for other customers
tonikt: The rkey requirement is: security
tonikt: Even the dividend payment tool was designed and made in a way that you can use it offline
tonikt: At a PC that has never been connected to a network
tonikt: You just download an archive with the entire history of your assets transaction - it's a zip file with PGP signed contracts inside and the keys
tonikt: You take this zip file to an offline PC, setup how many BTC you want to pay and run the tool..
jurov: so, dividend issuers have a nice tool they'll need maybe once a month... but end users shall fumble with gpg and browserevery time they trade?
tonikt: And then the tool process the contracts one by one verifying signatures - to calculate the final balance and output a proper sendmany RPC command
tonikt: But don't the end users care about the security of their assets?
jurov: tell me, why should be a desktop app that just calls gpg insecure?
tonikt: I think they do - and so eventually, after another exchange crashes, they will finally understand that a system like assets-otc is the only ultimatelly secured solution
tonikt: jurov: I'm not saying that a desktop app would not be secured
tonikt: but it would be kind of hard to distribute a new desktop app (in binary version, I presume) with the same kind of trust as the old fasion gpg has already
tonikt: I mean: bitcoin-otc has been using it - so people know how to handle it
tonikt: At least some people...
tonikt: I guess you could ask the same question to nanotube: why he did not come out with a desktop app, instead on the bot?
assbot: [MPEX] [S.MPOE] 25941 @ 0.00043237 = 11.2161 BTC [+]
assbot: [MPEX] [S.MPOE] 1759 @ 0.00043324 = 0.7621 BTC [+]
tonikt: Definitelly assets-otc is not for daily traders
tonikt: ... but more for long time investors, who dont mind to copy/past gpg stuff one a month or so, just to make sure that nobody will put hands on their assets/bitcoins during the process
tonikt: And in practice it's not harder to use it than bitcoin-otc
assbot: [MPEX] [S.MPOE] 10800 @ 0.00043262 = 4.6723 BTC [-]
pigeons: ;;rate EskimoBob good dealings
gribble: Error: 'good' is not a valid integer.
pigeons: ;;rate EskimoBob 2 good dealings
gribble: Rating entry successful. Your rating of 2 for user EskimoBob has been recorded.
EskimoBob: Thank you pigeons. I have your coin BTW. As you know, tonikt got mad and delisted my project. I am going to look for another listing option. Do you want me to send you back your coin?
assbot: [MPEX] [S.MPOE] 7300 @ 0.00043059 = 3.1433 BTC [-]
assbot: [MPEX] [S.MPOE] 23319 @ 0.00043052 = 10.0393 BTC [-]
assbot: [MPEX] [S.MPOE] 11100 @ 0.00042888 = 4.7606 BTC [-]
assbot: [MPEX] [S.MPOE] 781 @ 0.00042837 = 0.3346 BTC [-]
pigeons: I'd prefer if you issue an OT contract, even if its on an OT server i have to setup
pigeons: we'll figure something out
EskimoBob: tonikt: you forgot to mention that your security = delisted at any time you are in a bad mood
EskimoBob: jurov: OT has all that functionality with 2 major differences - you can not be delisted by a moody joker and it has quoting system
EskimoBob: pigeons: I think I am going the OT way and I'll find someone who issues the BTC derivative or do it myself as a market maker
EskimoBob: I am going to use the contract I have up in the forum and the divs will be around 20% a year
Diablo-D3: heh, I got that lesson with nefario =/
EskimoBob: Nefario is another type of asshole. This pior_n fuck just wasted my time :)
EskimoBob: if we get the securities out of the GLBSE, we can move on but assets-otc is out for good. It offers nothing that OT can not
assbot: [MPEX] [S.MPOE] 37800 @ 0.00042851 = 16.1977 BTC [+]
assbot: [MPEX] [S.MPOE] 6290 @ 0.00043198 = 2.7172 BTC [+]
assbot: [MPEX] [S.MPOE] 27110 @ 0.00043262 = 11.7283 BTC [+]