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Title: Max Keiser Exchange software for BTC Post by: shui on April 27, 2013, 12:23:35 PM A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186 (http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186) Is this true? Can he pull it off when his bosses tell him to? Title: Re: Max Keiser Exchange software for BTC Post by: Mcpit on April 27, 2013, 03:39:44 PM Naah Max Keiser co-founded HSX and co-invented and patented the "Virtual Specialist" technology, which is now owned by Cantor Fitzgerald.
http://en.m.wikipedia.org/wiki/Hollywood_Stock_Exchange Since the patent relates to virtual currency trading, some say CF might one day attempt to sue Bitcoin exchanges. I personally find it very hard to believe that the patent be so wide that it would forbid anyone else from "trading virtual currencies on internet"... Title: Re: Max Keiser Exchange software for BTC Post by: BCB on April 27, 2013, 03:47:22 PM A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186 (http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186) Is this true? Can he pull it off when his bosses tell him to? Shui, What is your link too?? Title: Re: Max Keiser Exchange software for BTC Post by: shui on April 28, 2013, 01:10:17 AM A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186 (http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186) Is this true? Can he pull it off when his bosses tell him to? Shui, What is your link too?? Upppss, sorry, wrong bookmark http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=2&p=1&f=G&l=50&d=PTXT&S1=((Timothy+AND+Maxwell)+AND+Keiser)&OS=Timothy+AND+Maxwell+AND+Keiser&RS=((Timothy+AND+Maxwell)+AND+Keiser) (http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=2&p=1&f=G&l=50&d=PTXT&S1=((Timothy+AND+Maxwell)+AND+Keiser)&OS=Timothy+AND+Maxwell+AND+Keiser&RS=((Timothy+AND+Maxwell)+AND+Keiser)) Title: Re: Max Keiser Exchange software for BTC Post by: Mcpit on April 28, 2013, 04:02:15 AM So if I understand well, according to the patent description, all market makers allegedly make use of human beings to fill customer orders if there are no matches in the open market. And the whole point of the patent is to replace that alleged human being with a program, called Virtual Specialist.
Again I personally find it very hard to believe that: 1. No other market maker in the world, of whichever financial instruments, wouldn't already be using automated processes to achieve such matching. 2. A patent could forbid anyone from deciding to make their own little program to achieve such matching. ??? Title: Re: Max Keiser Exchange software for BTC Post by: zerodrama on April 28, 2013, 04:04:36 AM Disinformer. LOL.
Max Keiser and Stacey Herbert are a tour de force. |