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121  Bitcoin / Bitcoin Discussion / Re: So I've build this great thing Bitcoin micro donations on: April 16, 2012, 09:46:01 PM
thanks for the reply
i think you're focusing too much on the flattr way of tipping
what turned me off was this monthly cycle. period
it's bloody inconvenient (see? period joke again) to fund/spend/tip on a fixed cycle
i love my winter sleep of weeks off line and if giving tips it might be subject of a bunch of variables
i like giving donations but when i like.
anyway still watching
122  Economy / Currency exchange / Re: [WTB] BTC through mail (will go first) on: April 16, 2012, 09:26:46 PM
me too (interested)
have some feedback in the web of trust as well (only 'handicap' i'm outside US)
can do registered mail with me to have proof of delivery and i could put the coins for you in escrow with user kluge
123  Bitcoin / Bitcoin Discussion / Re: So I've build this great thing Bitcoin micro donations on: April 16, 2012, 09:13:41 PM
so first thing a donator must do is to fund his account?
you then aggregate donations and pay out a single 'large' cumulative withdrawal?

not sure about the button color ; ) too flattr-like
great project btw. what's your estimated time between hacks?
124  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 16, 2012, 08:28:12 PM
I find this concept really interesting. An unknown physical identity doesn't need to be known but a known <nick> can be used as an identity for transaction and that alt nick takes on an identity of itself and treated as a real identity.

pity he's not using otc web of trust with that key. that would help to see if he used it in other trades or not
(since it's sold I assume it's safe now to hijack the thread with the issue of signing other people keys)
https://www.xkcd.com/364/ is the new topic in executive summary format ; )
125  Economy / Trading Discussion / Re: GLBSE IPO Handling and Interaccount Transfers Discussion Thread. on: April 15, 2012, 02:39:53 PM
Status update ?

I'm also waiting for the dev site to go live for some testing. ATM not known what the changes would be nor when it comes up.
126  Bitcoin / Project Development / Re: GLBSE - request for next features on: April 14, 2012, 07:52:30 PM
IPO form, can we get 'preview' button?

to see (safe draft) how it will look like, what values are entered, how the contract layout screws up while saving, what date/time will the IPO probably happen ...
 ... before we confirm (and spend 8 btc fees) and loose the chance to edit
127  Economy / Securities / Re: [GLBSE] Introducing: Bitcoin Syndicate, a new mining op trading publicly! on: April 14, 2012, 07:23:19 PM
I was searching through the posts but could not find the answer.  Are dividends released weekly?

(*) dividends are monthly
and are split 20 % payout as dividends and 80 % to reinvest in more mining gear

* https://bitcointalk.org/index.php?topic=64638.msg761356#msg761356
- We will grow in value rapidly due to 80% of mining power being re-invested
- We pay out 20% of all mining power to dividends monthly

& http://www.btcsyn.com/bylaws
- The "Growth Rate Percentage" is defined as 80%
- Each month, the remaining Earnings/Profit after deducting monthly operating expenses, and the Growth Budget, will be added in full to that months Dividend Disbursement.
- The dividend disbursement will be paid in full within the first 7 days of the following month, to the shareholders based on their volume of held shares in the Syndicate
128  Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive on [GLBSE] on: April 12, 2012, 01:25:20 PM
I am sorry, about "difficulty rising so fast", are we talking about same bitcoin difficulty?

yes, we're talking about the same difficulty that changed from 1.0 to 1.6 * 10^7 in last 40 months

http://bitcoin.sipa.be/
https://bitcointalk.org/?topic=2345.0
129  Economy / Speculation / Re: Since Bitscalper seems to be in a bit of a rut... on: April 12, 2012, 07:29:41 AM
Never invested a single Satoshi with bitscalper, or mybitcoin, or any of the other rip-offs here.

cough! slvr glbse cough!

Dammit- you reminded me. Yes I did get suckered for that rip-off ...

sorry for the bad memories. I bet they have also educational value. what makes me sad is that they 'salted the water' for everyone else too. I wanted to issue commodity backed assets too but when I searched for examples of previous assets I found that steaming pile and thought it might not be worth the effort. plus there are costs involved (17 btc/yr bank safe, fees for asset creation, sale fees) only to run that thing. and when it comes to redeeming there would be transfer fees just to get back the asset to issuer and shipping the stuff. and maybe EU is not a good place for such thing in the first place (VAT on silver adds to premium for new bullion and chasing junk silver in auctions saves some money but costs extra time and usually ends up over the spot anyway).

but if you'd correct your statement to "this year haven't invested a single Satoshi with bitscalper, or mybitcoin, or any of the other rip-offs here" it could be true
130  Bitcoin / Project Development / Re: GLBSE 2.0 open for testing on: April 12, 2012, 07:21:29 AM
Don't you thing it could be nice to keep the testing site working? It could be useful to those planing to launch an asset, to become more acquainted with the functionality, before doing it for real. Maybe it would be too much overhead to you?

little bird told me test site would be back this weekend

Nice.

(What an indiscreet little bird)  Grin

I won't disclose my source, but the phrase should indicate it leaked from the team ; )
but experience tells that site would be patched often (patches deployed several times per week) and some of the updates drop test data.
so plan your sessions accordingly (play like there's no tomorrow, at least not for your test data)

but yes, you can get used to the interface better with more practice and practice features you would not in prod
(who would spend 8 btc each time when he wants to try out creating an IPO?)
yeah. looking forward to it
131  Economy / Speculation / Re: Since Bitscalper seems to be in a bit of a rut... on: April 11, 2012, 09:51:10 PM
Never invested a single Satoshi with bitscalper, or mybitcoin, or any of the other rip-offs here.

cough! slvr glbse cough!
132  Bitcoin / Project Development / Re: GLBSE - request for next features on: April 11, 2012, 06:04:32 PM
what about refining contracts / assets as such?
might be not trivial change like improve reporting or display the books but ...

nice to know which asset is a share in a company, which is a bond, which is a fund
they could have then type induced special features

please do not dismiss it right away, it could start with a simple label (share/bond/fund investment) and feature could follow, just to root this design feature or at least think of it how it could fit in
(this might be important for future assets, p.ex. they should have different IPO rules if glbse is to mimic real world markets)
133  Bitcoin / Project Development / Re: GLBSE - request for next features on: April 11, 2012, 03:49:21 PM
ask / bid per asset available as a 'ticker' - not sure what the name should be but something like
call to http(s)://glbse.com/asset/view/ABC/summary
would return {ABC; 0.26060004; 0.2999}
instead of having to check the whole web page to see if someone put a sathoshi higher bid just a simple check ; )
134  Economy / Securities / Re: (GLBSE) TyGrr-Bank 3% weekly dividends (2.5% starting April 3rd) on: April 11, 2012, 06:01:42 AM
I talked to the CEO of Bitcoin Savings and Trust a while ago and he says it is now okay for members to sub lend/borrow. This means I am now able to send BTC to pirates bank and thus able to pay a much higher rate than 2.5% a week. However if I were to do this the risk would be passed on to the investors. Right now if Bitcoin Savings and Trust goes down for what ever reason, do not worry because your coin is back up in real assets I have. However if I were to say move rates to 4% or something a week and get 5,000 BTC in there is no way I could cover that.

So before I hold a motion I would like your thoughts. Raise rates and increase risk, or leave it how it is now?

Also if I moved up rates significantly higher would there be a large inflow of coin? Just trying to see how the wind is blowing.

Thanks, Chaang-Noi



U NO split bonds?

2.5 you vs public at tygrr-bank
4.0 you vs public at other-asset

i mean i love the fact that you cover the eventual loss now and the higher interest won't convince me, no matter otc rating of pirate
and as i wrote even 1% weekly relatively risk free is better than high risk lending venture
135  Bitcoin / Project Development / Re: GLBSE 2.0 open for testing on: April 11, 2012, 05:40:37 AM
Don't you thing it could be nice to keep the testing site working? It could be useful to those planing to launch an asset, to become more acquainted with the functionality, before doing it for real. Maybe it would be too much overhead to you?

little bird told me test site would be back this weekend
136  Bitcoin / Project Development / Re: GLBSE 2.0 open for testing on: April 10, 2012, 08:26:42 PM
the graph in asset view is rounding the trade price to 3 decimal places
bug or feature?

and could be volume added to the graph as a second indicator in the picture, please?
137  Economy / Securities / Re: (GLBSE) TyGrr-Bank 3% weekly dividends (2.5% starting April 3rd) on: April 10, 2012, 08:23:40 PM
I see the payment went out today. Just a note, has the number of shares / bonds gone down? I see that 14093 were paid out, when previously 16810 were paid out.

that's correct observation. goat must have regained some shares, there's no other explanation
138  Economy / Securities / Re: (GLBSE) TyGrr-Bank 3% weekly dividends (2.5% starting April 3rd) on: April 10, 2012, 06:14:50 PM
It can be also true that he holds btc balance in his personal account, that is the root account of all assets he created. Or where he sent funds to cover dividends and only then realized that dividends must be (can only be) paid from the sub-account of the asset manager and need to be either deposited there or sent there from any other account that has positive balance.
As long as his books keep the right info, it's not really my concern. 2.0 glbse started less then a month ago (2 and half weeks to be precise?) and we're still learning. I have no idea how to advise asset managers on proper accounting and is most probably none of my business. All I want to accomplish is to document the features and move forward with the user guides for both users and managers to smooth the experience (and learn my share).

for the mining it's pretty straightforward, he sends in the share of mining income.
for the bank it's probably the pirate's coupon share
for the bot, no idea
disclaimer ^^ wild guesswork

btw generous exchange rate for bitcoins to pay for the electricity. did anyone else noticed the 5$ in the formula?
139  Economy / Securities / Re: (GLBSE) TyGrr-Bank 3% weekly dividends (2.5% starting April 3rd) on: April 10, 2012, 03:54:05 PM
Are the funds of your different assets are mixed together?  Or do some of your assets have ownership stakes in other ones?  Seems like there is some mixing going on... :-/

this was not implied. it's just an explanation how assets are managed in 2.0
and there might be issues from the claim process from 1.0 to 2.0
i did not test this particular part as i did not have any asset created in 1.0 and the claim worked anyway only in prod

i wrote that to clarify where to look for shares (check each account portfolio) and make sure that shares not issued are in fact in asset manager account and vice versa, if user (person) should have any shares in his private account and they were for any reason imported in the asset manager sub-account that they should be transferred to the personal account.

not sure if that was obvious from the previous post of mine. this is afaik a newish concept and a little detail worth checking and paying attention to

for the record it is possible and desired that a sub account has it's own portfolio, p.ex. if it is a 'fund' and it's aim is to own shares in other companies and also needs to collect dividends or coupons from them and needs them in the asset bitcoin account.
i'm mixing user 101 with asset manager 101 but hope you get the idea

edit: even at 1% weekly this would be a good thing to own. better than bitcoins sitting in the wallet : )
140  Bitcoin / Project Development / Re: GLBSE 2.0 open for testing on: April 10, 2012, 03:32:36 PM
is there an exploitable bug the forum.glbse ?
some dude just posted a bazilion spam posts that should not be possible
(it if the 2min limit would be still applied)


Nope, just someone who patiently took the time to make all those posts which are now deleted.

thanks. that was lightning fast!
// it was probably scripted (or waste of time to post manually)

edit: btw any news on trade history (list trades per asset)?
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