Good question.

We will allow users to lend their BTC and assets to other users for the sole purpose of trading on margin and shorting. This will mean that they (the borrowers) will not be able to withdraw any of those related funds until the they have paid back what they have borrowed.

The lenders will be able to set the interest rate that they charge for lending out, with the understanding that if the market becomes illiquid, they may lose their funds. They will also be able to specify what assets they are willing to allow their lent funds to purchase.

It will be available for all assets on GLBSE.

Don't start dragging me into your conspiracy theories.

You contacted me asking for details, pointing to the thread where goat says OK.

I provided details and not only are you still not happy, you're trying to insinuate that I'm wrapped up in some scam involving Goat.

I don't know if you've ever heard of Google but you can search nefario and goat and you will find that we're not exactly on the most pleasant of terms.

I'm not terribly interested in what you remember a particular number on a particular date, frankly if it was so important why didn't you write it down, that number by the way comes from the API thats not published.

The fact is, Goat hasn't sold or transferred out any of this asset since Pirate made his announcement(as stated before he's been buying them). Trying to poke holes in this, with numbers that "you remember" and have "changed" over the last few weeks means nothing.

I'm done with this thread.

We already have this, although it's not distributed to everyone it has been given to several people.

This is all in another GLBSE related thread. If I die GLBSE will continue onwards, at the very least to ensure that all accounts have been settled, but most likely with someone else to take over.

I still don't see this as a big issue, Goat could have sold an absolute ton of shares at that time.

The Goat has done nothing wrong, his transfer was in the 16th.

Since that time, as he has said he has been buying up TYGRR.BOND-P.


Because I'm busy running a business, not following what everyone else is doing. I'm only posting on this thread in answer to a request to do so.

When did pirate announce he was ending BS&T?

This is out of topic, and should either be in a PM or in the other GLBSE threads (of which there are several) on this topic.

Read GLBSE's TOS.

Also hard to believe you're just getting into stocks etc with your involvement with Hermes and Kronos, you seem to be playing stupid.

Do you have fiber connections....to everyone else running bitcoind?

Anyway finished now and deposits/withdrawals are going through as normal.

charts and the public API.

Yes, combined with the moving of our database to a dedicated DB server it will be a significant improvement.

In answer to this, Goat hasn't sold any of the P bonds since last month, and even then the numbers were tiny.

edit.

On further investigation, around 350 assets were transferred.

This is the whole point, and it won't be shorting with "vitual" assets that don't exist as with most margin or shorting, it will be existing ones, and the lenders will be able to decide the rate in which they charge.

goat...Goat.....GOOOOOOOOOAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAATTTTTTTTTTTT!


....


hi

 

A big part of the work has been going on the backend stuff, to enable GLBSE to be run on multiple machines, scale, and still be secure. That had to be done before we could progress with the OP's features.

In the next few hours we will be removing the requirement for BTC reserves.

This means that you can make as many buy orders as you like as long as you have enough BTC to cover your highest priced buy.

Once the order is fulfilled, your new balance is calculated, and your other buy orders for more than your new balance will be cancelled.


Below is a list of major features and their ETA

New charts and API server(will be open source) - 1 week to live launch
Options on all GLBSE assets and an options market - 2 weeks to live launch
Lending assets (including BTC) with interest - 3 weeks to live launch
Margin and shorting - 4 weeks to live launch
Private markets for private stock - 3 weeks to live launch
Scheduling dividend payments and buybacks - 1 week to live launch

There is also a long list of smaller features and improvements that are going to be rolled into GLBSE over the next few weeks that aren't listed here.

I'll keep this thread updated as progress is made.

Nefario

Does this mean that an attacker could trick a bitcoin client into thinking that two deposits of say 100BTC were made(thinking that 200BTc were deposited to an address), only to have one of them invalidated and removed some time later?

You can buy the pass through on GLBSE.

"Oh yeah clearsign this...."

"No! your public key hasn't been signed"

No they don't.

Just to qualify my previous post, I don't have anything "invested" with pirate40, I was just saying if you steal that kind of money, people tend to kill you.

If he runs we're going to find out how quickly he can be found with a 500K BTC price tag on his head, and when he is, will he still have the head?