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141  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 17, 2012, 12:30:13 PM
you must have sold it to the village idiot then..

me caring or not is irrelevant its your post.. as I said call me conspiratorial.. but being a potenetial buyer I dont think you ever had one.. and I dont think you ever had any intention of selling one.. I think you just wanted attention.. Ill be your friend. I like friends..  Grin

Uh, he's well trusted and known on IRC, and has a high WOT rating. He doesn't appear particularly attention-starved.
142  Other / Meta / Re: del on: April 17, 2012, 07:02:42 AM
del

I know it's cliché, but that which has been seen cannot be unseen, especially when the first response is quoting it.

Frankly, I'm surprised that you're trying so hard to attempt to salvage this account's reputation when there are only 50 posts on it, and you clearly have others that we don't know about.
143  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 17, 2012, 12:35:05 AM
The unit has been sold.
Sucker born every minute.

Different people value time differently. The fact that reeses's buyer valued an immediate delivery more than many might have doesn't make him a sucker.
144  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 16, 2012, 10:05:11 PM
Ah, okay. The web-of-trust component is what I was missing; I'm used to thinking of keys as being self-signed. Makes sense now.

Yeah, but the whole thing was just me and reeses trolling. It's obviously not possible to cryptographically prove that you're not someone Smiley
145  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 16, 2012, 10:04:31 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 ; )

How am I not?

Code:
gpg: Signature made Mon Apr 16 15:01:51 2012 EDT using RSA key ID 9280FBD6
gpg: Good signature from "copumpkin <pumpkin@me.com>"
gpg: WARNING: This key is not certified with a trusted signature!
gpg:          There is no indication that the signature belongs to the owner.
Primary key fingerprint: C275 212F 15F2 9AB8 FB97  E5F5 1AF9 2946 9280 FBD6

and check my key ID at http://bitcoin-otc.com/viewgpg.php?nick=copumpkin
146  Economy / Service Announcements / Re: BitLasers.com - Handheld Lasers and accessories on: April 16, 2012, 07:22:47 PM
I noticed that the wickedlaser pointers claim that they can stay on continuously without you worrying about overheating. Do they just have a badass heatsink on them?
147  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 16, 2012, 07:03:09 PM
No, he sent me a gpg-signed message saying he was not shakaru.
I don't understand how this proves anything.

Here, I'll show you:

Code:
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I, copumpkin, am not shakaru.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG/MacGPG2 v2.0.17 (Darwin)
Comment: GPGTools - http://gpgtools.org
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=OGrH
-----END PGP SIGNATURE-----

And now you have a cryptographic proof that I am not shakaru. Did that help? I can go into the math behind GPG if you'd like, but most people aren't terribly interested in crypto Sad
148  Economy / Service Announcements / Re: BitLasers.com - Handheld Lasers and accessories on: April 16, 2012, 05:41:11 PM
Violet lasers can detect UV-sensitive markings (invisible pens for example)

Yay, I can read the invisible ink for a fraction of a second before the paper catches fire (assuming the violet ones are as powerful as the others) Smiley
149  Other / Meta / Re: The Lending/Securities subforum on: April 16, 2012, 03:44:43 PM
I've noticed that we have a new subforum under lending called securities. I do like the idea of having it there, but it seems to have the wrong things in it.

In a securities subforum of lending, I'd expect to find primarily debt-based securities (bonds, CDOs, CDSes) and requests to borrow or offers to lend other types of securities.

It seems to be the dumping ground of most topics with [GLBSE] in their subject, which doesn't feel right, considering that many of them (shares/perpetuities) are not inherently debt-based.

Was the forum intended to be one level up from lending?

The threads that are there are intended for that forum, the original request was for a GBLSE subforum which is too narrow in focus, wanted something more encompassing. If the name isn't adequate then what would you suggest?

Based on the definition I found it seems to fit. I am no finance expert though.
Quote
A security is generally a fungible, negotiable financial instrument representing financial value.[1] Securities are broadly categorized into:

    debt securities (such as banknotes, bonds and debentures),
    equity securities, e.g., common stocks; and,
    derivative contracts, such as forwards, futures, options and swaps.

Here is the other thread that prompted it.
 https://bitcointalk.org/index.php?topic=76611.0

Yeah, except the subforum seems to have ended up buried under the lending forum, rather than under marketplace, and I don't think it belongs there, unless you restrict it to only those securities that are debt-related, as I said.
150  Other / Meta / The Lending/Securities subforum on: April 16, 2012, 02:09:08 PM
I've noticed that we have a new subforum under lending called securities. I do like the idea of having it there, but it seems to have the wrong things in it.

In a securities subforum of lending, I'd expect to find primarily debt-based securities (bonds, CDOs, CDSes) and requests to borrow or offers to lend other types of securities.

It seems to be the dumping ground of most topics with [GLBSE] in their subject, which doesn't feel right, considering that many of them (shares/perpetuities) are not inherently debt-based.

Was the forum intended to be one level up from lending?
151  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 16, 2012, 06:11:59 AM
The unit has been sold.

To Shakaru?
152  Other / Politics & Society / Re: usury = not cool on: April 16, 2012, 05:30:23 AM

The Objective Standard's notion of good and moral isn't necessarily uncontroversial Smiley
153  Economy / Lending / Re: [FILLED][Wanted to Borrow]PureMining shares -- Increase your earnings by 15% on: April 15, 2012, 08:43:51 PM
lol I knew his was short selling related after I read the first post Smiley

I'd hope so, as there aren't many other reasons to borrow shares Tongue

Once the mining perpetuity market gets really nice and liquid, there will be plenty of opportunities for pairs trading/stat arb. Should be interesting!
154  Economy / Goods / Re: Unused BFL Single, Revision 3, 200BTC delivered in USA on: April 15, 2012, 03:40:55 PM
An excellent question, indeed. I would consider buying this, but I need cryptographic proof that he is not shakaru first.
Isn't cryptographically proving that you're not someone basically impossible?

Check out reeses's original thread. He used GPG for this very purpose! Roll Eyes
155  Economy / Goods / Re: Brand New Computers @ Half The Cost on: April 15, 2012, 07:29:00 AM
Bluntly claiming someone is a scammer is just outright bullying, kiddish and ignorant. Welcome to the bitcoin community.  Roll Eyes

I agree, and have tried multiple times on this forum to stop people from slinging the term around with no provocation. I'm obviously ineffective Smiley

I own and operate a legitimate business and have also operated and worked with ones in the past. If you need some rep I also have been a member of WebHostingTalk (#1 hosting forum) since 2005 and have rep there. http://www.webhostingtalk.com/member.php?u=129054

This is no bullshit, I'm even buying this laptop for myself and will show anyone the tracking # as proof if they want to be skeptical.

Then you'll know that it isn't really very good business practice to tell people how much of a mark-up you're putting on an item. Everyone knows merchants make a profit off items they sell, but you generally don't want to tell them how much it is right as you're trying to sell it to them.
156  Economy / Goods / Re: Unused BFL Single, Revision 3, 200BTC delivered in USA on: April 15, 2012, 07:24:31 AM
BTW, are you Shakaru?

An excellent question, indeed. I would consider buying this, but I need cryptographic proof that he is not shakaru first.
157  Other / Politics & Society / Re: usury = not cool on: April 15, 2012, 03:06:15 AM
To clarify, I am not prescribing anything or telling anyone what to do. If you are lending money as a business, you probably need to cover your costs somehow (that money has to come from somewhere), whether by charging interest or via some alternative arrangement such as profit-sharing. If you are offering loans at 20000% interest and someone accepts, then they brought that upon themselves (or more likely are trying to scam you), but that's just crazy and I have no qualms about calling you a thief. However is 300% acceptable? How about 30%? 3%? I would rather not try to seriously argue this here, or be glib. Perhaps there is no "Bitcoin philosophy", it is just a tool and certainly does not tell you how to set interest rates, but I was suggesting that reducing the cost of transactions should be on people's minds, and there is no reason why things should evolve in the direction of insane loans.

My main issue is that you came in here and out of nowhere called us thieves for not doing charity work.

If our borrowers are scammers, that's our business and we'll get screwed for it. We're taking big risks here and lose a lot of sleep over whether people are going to default or not. We're not doing it out of the goodness of our hearts, but it is a useful service to people who need to get coins for investing in things. Yochdog recently got 10,000 bitcoins to invest in more mining hardware. That kind of stuff helps everyone. The lender was just sitting on the coins so it was a waste, and Yochdog was willing to administer more mining power and didn't have the up-front funds to buy it, so the loan was beneficial, and will end up increasing overall mining power for the community (thus making transactions more secure). I'm not sure about you, but lending $50k to a stranger on the internet is scary business. Would you do it? If not, what would it take to make you do it? If there is nothing that could make you do it, then we are providing a service that someone with your beliefs is unwilling to provide. If there is something that would make you do it, what is it? $50k is a lot of money to be without, particularly when, even if he does repay you, bitcoins may have meanwhile have crashed to $1 apiece. It's really scary, but that doesn't make it not worth doing.

There are lots of risks involved in lending. I'd even say it's probably one of the riskiest things to do in this community (and that's saying something!). If charging interest goes against your beliefs, then don't do it, but it's a dick move to call us thieves in this kind of situation.
158  Other / Politics & Society / Re: usury = not cool on: April 14, 2012, 09:13:33 PM
I don't recall there being any prescribed Bitcoin philosophy. Bitcoin is a cryptographic/network protocol that has attracted many people of many different minds.
159  Other / Politics & Society / Re: usury = not cool on: April 14, 2012, 08:45:11 PM
Someone please loan me: 100 BTC for <24hrs, I will repay at 0.5% for a total of 100.5 BTC.

Someone get their $2.50


edit: oh, send to: 1G12XfoPSLYiCdCH49qtN6NHMmHPQwPUta

same as before.

Done: 18CdYqwkLfmDhjvfueZmDpDcjBRLh8BEXr
160  Other / Politics & Society / Re: usury = not cool on: April 14, 2012, 05:57:20 PM
It's "tolerated" here because the "usurers" provide a service that others do not, without coercion. We don't have thugs breaking bones, nor do we force people to borrow from us. Additionally, we let people borrow from us without judgment, which I'd imagine you might have trouble doing.

But if you must barge in and start calling honest people thieves (good way to make friends, by the way), would you care to elaborate on how you'd expect large loans to work in this environment? All moralistic "anti-usury" (i.e., interest) proposals I've seen have skirted the issue with fairly minor semantic differences that seem to miss the point. And the actual point is to act against one's own self-interest, so I'm not sure how you'll make that happen without a vengeful god standing menacingly over everyone, ensuring that rational self-interest is preserved with a threat of violence.

Just to make things clear: I do think the interest rates are high, and would like them to be lower. But with the number of scammers in the community and the uncertainty over exchange rates, I don't see interest rates going down significantly in the near future.
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