Ukto: ?

Ukto: whut they do now ?

Ukto: wasnt that last time too?

Ukto: lol

Ukto: u sound mad :P

Ukto: not sure why. as if they lied.. and didnt ship

Ukto: :P

Ukto: hehe

Ukto: i couldnt make the kidna risk that bfl required

Ukto: ?? timeframe

Ukto: to ??? get your product

Ukto: yeah

Ukto: thats why a claim system is nicer

Ukto: even if your shutting down

Ukto: >,> .. just being honest, not necessarily plugging

Ukto: great thing about the claim system, is when you pay divvies, it pays them out to holders, and to claims pending

Ukto: so you dont have to track divs for unclaimed shares

Ukto: but you can go in and update/change it at any time

Ukto: "manage" the claims even

Ukto: so if you buy someone out, you can just mark a claim as claimed and close it

Ukto: if I can help someone out, thats the idea. off of something thats just being shut down I dont make anything.

Ukto: Would just rather see the site be usefull in someway to someone

Ukto: shouldnt.. backup just in case

Ukto: just keep a copy iand you wont have to worry abou tit

Ukto: nite

Ukto: ohai EskimoBob :P

Ukto: I saw your posts on the forums (just recently started looking at them) and knew I recognized it

Ukto: any of them lol

Ukto: the mods whitelisted me.. but I still cant post for some reason. lol

Ukto: I can pm ppl at least

Ukto: EskimoBob: you know where you live?

Ukto: :P

Ukto: then you know your place? :P

Ukto: :P

Ukto: ROFLOL

Ukto: man

Ukto: thats 2 diff ppl making an MP + stripper reference around me in 24hrs

Ukto: although, I was reading hte post guruvan vs mpoe-pr... reeses made a point that if a normal stock was delisted, its value is generally trashed for the reason it was delisted.. but in this case.. the stock/s were not "delisted" for reasons of financial stability.. thus, if a stock like AAPL (exmaple) were delistd due to the xchange shutting down, it still has value, right?

Ukto: jurov: as of now, MP is of the opionion it has no value

Ukto: since it was delisted

Ukto: regardless of the reason for delisting

Ukto: and he doesnt believe he should have to submit his claim to gigavps, thus will not

Ukto: was apassthrough

Ukto: of giga from GLBSE

Ukto: by MP

Ukto: he bought shares of giga from giga direct? or on glbse

Ukto: and re-posted them on Mpex

Ukto: as re-issuer

Ukto: yes

Ukto: yeah

Ukto: LOL

Ukto: not me

Ukto: I have only stated non scanalous things

Ukto: and made comments

Ukto: that MIGHT be

Ukto: :P

Ukto: I am just trying to est. real world happenings vs "financially uneducated" as "mpoe-pr" is calling everyone

Ukto: A. MP/OE states that stocks were delisted from glbse, and therefore worthless. Thats the real financial market. However, if NYSE shuts down, MSFT shares are not worthless.

Ukto: B. Acting as a passthrough for shares to giga, means to buy/sell, and claim when need be.

Ukto: though I guess no where MP laid out any responsibilities to do such

Ukto: so it oculd fall on the shareholders shoulders for not requiring a "detailed contract" from MP of responsibilities

Ukto: gigavps: was your asset backed by hardware ?

Ukto: i could look it up but I think your here :P

Ukto: pigeons: some ppl say that worst case scenario the would sell hardware to take care of shareholders, since thats where the btc was spent

Ukto: giga?

Ukto: i thoguht he was just closing ?

Ukto: then

Ukto: that means that the claims woudl earn the passthrough fund dividends

Ukto: to claim

Ukto: and continue on

Ukto: and regardless of glbse going down

Ukto: those share values on the passthrough should remain

Ukto: and remain tradeable

Ukto: (my opinion)

Ukto: but

Ukto: giga has to actually do his part

Ukto: and MP has to do his part on behalf of the PT

Ukto: jcpham: my view, is that as long as the shares receive dividends, and he can distribute those to the share holders on the mpex list, then its full tradeable w/ value on mpex. no information on GLBSE is required to operate/maintain the passthrough fund. price at glbse does not matter, since it trades at its ownprice on MPEX.

Ukto: so neither market value, depth, or histroy on GLBSE have anything to do with an asset on MPEX

Ukto: right?

Ukto: unless I missed something

Ukto: and if gigia is just paying out divs

Ukto: pigeons: but he plans to pay out the divs, to those who claim

Ukto: as if GLBSE was still in place

Ukto: right?

Ukto: jcpham: agreed

Ukto: it put responsibility on MP

Ukto: pigeons: i have not seen the contract, i dont think. but he may be partially correct

Ukto: if MP never promised to 'care for' the the passthrough

Ukto: "it is what it is, good luck" type of thing

Ukto: thats the investors fault I think

Ukto: for trusting MP to do what they think is the right hting

Ukto: without a written out obligation

Ukto: pigeons: he removed all records of the asset from accounts though, is my udnerstanding

Ukto: how could he payout divs?

Ukto: ah

Ukto: yeah, he suggested I do a passthough of mpex on Bitfunder.. i think I will def. avoid it now

Ukto: jsut because I dont want to end up in a similar situation

Ukto: not that I would have a hard time spending a little effort to make shareholders "Customer" happy

Ukto: even if its ot required

Ukto: i think more effort would go into fighting it anyways

Ukto: regardless, just because he may not feel, because it is not written down, that he has an obligation to the shareholders to "try" to take care of them, does not mean that people do not have the right to issue a scammer tag, for not "Trying", since he did not explicitly write that he woudl NOT adminitrate the account beyhond divs. (unless he did?)

Ukto: *ignore mass mispells

Ukto: yes. yes I am

Ukto: :P

Ukto: btw, anyone had contact with tcatm in the last 12 weeks he dissapeared from irc?

Ukto: I tried emailing him a few times, and no response et all :/

Ukto: new topic.. hmm

Ukto: oh pigeons: while we are such an upbeat news for asset exchanges..

Ukto: any thoughts for bitfunder? :P

Ukto: Other than "please dont screw the customers" ?

Ukto: EskimoBob: LOL

Ukto: prolly that kid from china

Ukto: yes

Ukto: been going back and fourth on a final decision on microtime

Ukto: hehe thanks kako :)

Ukto: though i never saw the habelockinvestments.com url before since it goes off of my window lol

Ukto: i have an AI field for the trades that has no particular purpose since the system uses its own trade txn id. was debating using that

Ukto: but one of my biggest security bugs, is I don't like giving any information that cold tie anything directly from the outside world to the db

Ukto: well, the id is used internally to reference the txn id

Ukto: not "bugs" but, things that bug me

Ukto: lol

Ukto: yeah, tweet/json trades

Ukto: as a uniqe counter

Ukto: think I will just put a microtime field on

Ukto: so time+microtime

Ukto: for security reasons, I just dont feel like showing those numbers to the public hehe

Ukto: then again, if someone has the time/microtime, it wouldnt be hard to locate the record anyways in teh table if that was the point

Ukto: just my design musings outloud. :)

Ukto: ahhh

Ukto: then

Ukto: but were your shares listed within glbse?

Ukto: and 'assigned' to you?

Ukto: or were those outside of/beyond ?

Ukto: i.e. was giga paying you divs seperately ?

Ukto: then I was very wrong. :)

Ukto: good morning mr giga :P

Ukto: ah, okay

Ukto: guess it is afternoon now isnt it

Ukto: so basically, it boils down to, you did the passthrough, told everyone you had 0 plans to do anything that requires any actual time or effort, good luck have fun. now shit hit the fan, and your sticking to what your siad since gigavps wants tax docs/id etc that you never agreed to provide should they be requested. right?

Ukto: regardless of any potential share value

Ukto: potential or not

Ukto: even

Ukto: and gigavps, I take it, your stuck not able to give out anything unless mircea_popescu provides said documentation right?

Ukto: then it is a stalemate.

Ukto: people can bitch and whine at mp ALL they want, but if it was made clear that he had no responsibility to do any effort towrads the actual shares, then its up to thsoe people to seek whatever based on their own views. end of story

Ukto: mircea_popescu: what if gigavps begins normal div payouts regularly?

Ukto: and you havent 'claimed' ?

Ukto: would you continue to pay out divs out of your pocket?

Ukto: just curious :)

Ukto: and people blowing up and loosing their mind and getting attiudes

Ukto: gigavps: you were planning to shut down, right? someone mentioend earlier you wanted to continue? But that did nto soudn right to me

Ukto: *cant type, sorry

Ukto: ahhh alright

Ukto: so he plans to contiune (at some point) to pay dividends and get back to business as usual

Ukto: see what happens when we talk things through? :)

Ukto: no, but sometimes a 3rd person helps alot

Ukto: (if that person is trying to work things out.)

Ukto: yes, hes trying to do it as "right" as possible

Ukto: even if it costs outof his pocket

Ukto: thats been the whoel odeal that ppl have been confused on I think

Ukto: gigavps: well, now that things are working out, lets play nice :P

Ukto: lets not start a new fued :P

Ukto: jcpham: exactly.

Ukto: now _everyone_ can take teh knifes off of everyones throats, and relax a bit

Ukto: defenitely

Ukto: hey, if I can help someone with my annoyance, so be it :P

Ukto: jcpham: LOL

Ukto: nah

Ukto: just use excel to store all your data and track it

Ukto: its teh best! :P

Ukto: ouch

Ukto: heh, apples filemaker pro :P

Ukto: oooh

Ukto: Fox! :P

Ukto: agreed

Ukto: i turned my gpu off a few days ago

Ukto: thinking about putting it on ltc for amusement

Ukto: jcpham: how did you get all those shares at coinlab ? >:P

Ukto: lol

Ukto: you mean, you are lucky? :P

Ukto: or that they get to pay you more?

Ukto: :P

Ukto: it might soon enough

Ukto: working on vardiff atm

Ukto: also, weex no longer requires invites. :)

Ukto: its now open-beta lol

Ukto: and weex min withdraw is 0.1btc now

Ukto: I will prolly setup a btc auto-withdraw thing for both HP and weex at somepoint.

Ukto: might be an xmas gift

Ukto: lol

Ukto: lol

Ukto: i already have 1 bride, dont need more

Ukto: ROFLOL

Ukto: whats the diference between a # and a @ on twatter?

Ukto: jcpham: thanks capt, obvious

Ukto: so I would create a channel ?

Ukto: 0,o

Ukto: mircea_popescu: for bitfunder

Ukto: for trade history

Ukto: sick fuck.

Ukto: :P