Minor Miner, don't argue with the internet lawyers. They are much smarter than you. Especially when they are a internet professor AND an internet lawyer. You can't win.

Ripple
Closed Source
Premined 100 billion ripple, gave 80 billion of them to opencoin
Gives coins to some forum members, people on mailing lists, and other for profit companies like PIA

EMU
Open source
New way to distribute coins instead of proof of work (different than bitcoin)


I'm confused as to how you are tying the two together. Care to share any more thoughts than the diarrhea that came out in your last post?

Here is my disclosure. I bought shares near IPO price. Saw them go up in value a lot. Saw things that I didn't like. Share price started to dive, and I sold for about what I bought them for. I keep an eye on it in case it becomes an investment I want to get back into. It's not. I also am not too happy with some of everhoos transparency and lack of response. So. Instead of crying about it like a fucking baby, I won't participate in sdice until it becomes an investment that I would be happy with.

So, Abu22, stop sounding like a cry baby idiot, and sell your shares if you aren't happy how things are being run. I take it, that you DON'T have a controlling interest in sdice. Since I'm talking in percentages, I bet you don't need any fingers to explain how much sdice stock you're hanging onto.

If you don't like what he is doing, sell your shares. The people that truly don't like getting jerked around if they so felt that way, did so a long time ago.

When does the auction end? Did I win them?

I trust friedcat. Let the employees set up hard and that fun stuff. For the things that matter, friedcat is a rockstar. I'm not so sure I trust the back up dancers with anything more than doing the backup.

And losses are forwarded to the next month as well, right?

It's not a bank just for Roman. It's an attorney's trust account. The attorney would then be able to make payments on behalf of Bitfloor. Has no one here every been involved with a settlement that has gone through an attorney? Even the big class action suits go like that. Some sleazy attorney sues facebook for showing your personal photos to the world. Every person that signs up for the lawsuit gets $12.50 after the attorney's cut. Facebook puts x amount of dollars into the attorney's trust account, and attorney sends out the settlement. I'm breaking it down for you a little bit if you've never heard of one before. You'll have to agree to accept xx% of what you are owed, and you'll get a check in a few months. Of course this isn't a class action, but maybe that will help you understand an attorney's trust account that is already opened with a bank.

For crying out loud, a casino in Las Vegas will pretty much let you deposit it into an offshore account no questions asked.

If I'm looking at the profit for may right, before expenses are taken out, each share in SD will receive about 5 satoshis, right? After paying for system admin and hosting, it's well negative. Right?

There are a lot of attorney trust accounts that access million dollar checks all the time. If you have been on either side of getting money into or out of an attorney, you might know that.


How are you involved in this process and capable of offering a 1% fee? If I've somehow missed you becoming a trustee of the entire Bitfloor process, PM me with your number and I'll call you. I've talked to a couple of attorneys since we posted now, and they see no reason that accepting a check from a closed account, and creating a settlement agreement with all of the customers, that the bank would have any problems letting the check be deposited into their trust account.

Stop spreading your FUD and making it sound like he has a worthless million dollar check. Again, while the kid behind the whole thing is taking a permanent vacation.

And yet, if I did, I'm sure me saying, hey mail me the check and I'll take care of it, I'm sure would work. Right... bitfloor doesn't seem to be suffering from a surplus of action. Rather the opposite, would anyone suggest otherwise?

I've never known an attorney on this planet that couldn't get a check cashed especially when a % would be his.

rofl!

You didn't read more than the first line of his post did you?

70 or so posts, a bunch of replies and questions. Might be getting close to 50. He did also mention that as the beta expands it would be first in line would be next. I'm doubting that the entire beta would limited permanently to 50 people.

Seems crazy to me. It's from what, US Bank or something? Or bank of America, I forget. Go into Bank of America, and cash the check with hundred dollar bills and give it to your lawyer. Yeah, yeah, that won't ever happen but the whole thing seems a little crazy that his lawyer can't get it worked out for him. Pick a new lawyer.

Awesome.

Some more questions I thought of. Will EMU have a json-rpc for programming some automation for like website automation? It would be fun to test these out in beta and have something ready to go for the public release.

Nope. My objection, is that they (Ripple) say it will be open source, they've released, and there is no source code for the servers. I'll gladly beta test as I said. If source code isn't available on public release, I don't plan to participate until it is.

Since bitfloor has a lawyer... tell me why this can't work:

Roman gives the lawyer the money with a list of people owed, and the lawyer contacts everyone with a settlement agreement. If they want their money, they sign the settlement, and he mails out checks... why is that so fucking hard?

Still count me in as a tester, but it will be on a VPS linux box and a windows virtual box until I can compile it myself.

My only worries, is that it becomes open source like Ripple.