This post actually added more value to NYAN/etc than two week's worth of "socialite usagi".

Your proposition boils down to "arbitrary". Bitcoin is all about providing mathematical solutions in place of arbitrary solutions. As such, your entire line of thought is utterly misplaced. It's not that you haven't offered a good solution. It's that the entire philosophical grounding you try to build a solution upon is completely contrary to Bitcoin's. You're a geocentrist trying to participate in a Copernican dispute.


This is the exact sort of stupidity that has caused the problems the community is trying to solve. You don't act first, think about what you've done later unless your goal is to spend a lot of time in the shade, within concrete. Again, your paradigm is not only slightly broken, it is irretrievably and completely broken.


There's some valid concern that such a move would also acquiesce what is, to that party, an unacceptable arrangement. If someone steals your car then offers to give you back the spare tire you may have very good reason not to take the spare tire without the car.


Quite the contrary: we don't tend to call things we don't understand "bs" simply because we don't understand them. Hint hint.


There is certainly a lot to this. Goat isn't simply an asset holder, Goat is someone who worked in conjunction with GLBSE to, among other things, create fake volume on GLBSE by trading his own shares (a practice GLBSE supported by waiving transaction fees for Goat, but not for others).

In short, neither party is either honest or forthcoming to all of this. Which is why they're being judged on the actions alone, and aren't getting any slack as honest people might have gotten.

Sadly you're not talking to people who understand what those words mean.

I'm sure European Union citizens are deeply sorry they don't meet your Aryan criteria, you valuable contributor to the discussion, you.

It does, doesn't it. The same sort of ill-baked McGuyvering.

Both of those are good resources for sure.


This misrepresentation is very limiting for you. Of course, as long as you stick to it you'll never know.

This is an outrage.

Moreover, this is yet another attempt to act without assuming any responsibility for consequences. Months ago you purported to make a pirate shorting vehicle that didn't in fact work as a means to drown out the legitimate shorting vehicles. Now you're purporting to make a "claims thread" that is about as toothless as a rubber ball in order to drown out the legitimate process.

You are a confidence man, pure and simple.

And the wtf just keeps piling on....

Aha, thanks!

So then why are you doing it?

You might not realize how stupid you are, but the meter is in the red. What exactly does a completely unofficial claim thread accomplis ? You can't verify claims, you can't act on them, you're responsible for having vouched for the author and pushed this entire fiasco on the market yet won't admit it... what purpose do you serve exactly?

"More payments sent out" is pretty well meaningless, especially seeing how nobody actually confirms anything.

Could it be possible to include a sum total and the block reference of the payments sent? Otherwise this is about as meaningless as confederate bonds.

Hello, and welcome. I will be your mean & unfriendly guide for a few paragraphs. The idea is that if you don't follow my advice you'll be calling me mean & unfriendly in due course whereas if you do follow it you might end up amounting to something in BTC world.

I. Familiarize yourself with the scary, evil, mean, yet awesome gpg. This couldn't possibly be stressed enough. Bitcoin is a cryptocurrency. The crypto part stands for cryptography, and you literally cannot be a part of it unless you have at least some cursory understanding of gpg.

If you do not you aren't part of Bitcoin. You may be part of internet drama, internet idiocy, internet delusion or whatever else, but the day you master gpg is the day you actually start being able to be part of BTC. At the very minimum you must be able to import keys, sign documents and verify other's signatures, encrypt and decrypt documents.

II. List yourself in the WOT. On one hand this is a sort of practical test based on what you've learned following I above, like the SAT. On the other hand this is your one and only identity in the BTC world. You may think you have other identities, such as forum handles, IRC names, whatever profile on Amazon, Myspace or whatnot. The fact of the matter is, you're wrong. The only identity that matters in BTC is your WOT identity, and the sooner you create it the better.

III. Do something useful. Contrary to what the noxious social proof of this forum might lead you to believe, opining left and right just because you can type is not useful, neither for you nor for anyone else. A very large post count is also not an asset. A trainwreck of braindamaged posts and ridiculous arguments is not going to help you in the long run.

Contrary to what the same noxious social proof might lead you to believe, creating "an asset" just because there exist venues which will allow it is not useful. The BTC world does not need yet another (mostly unintentional and unaware) Ponzi scheme disguised as a pseudo-bond offering, nor does it need yet another half-baked "mining operation" that's not about mining and doesn't operate.

Things that are useful and you could do:

If you don't have money but have expertise you could contribute significantly by creating a blog which reviews the matters you're an expert at. If you're an accountant you can make a blog where you review the financial statements of BTC securities. If you're an attorney you can create a blog where you discuss the various legal matters of interest to BTC. If you're a stock pundit you can create a blog where you discuss the merits and non-merits of the same. As long as you do all this impartially and fairly there is a huge untapped need for this, both direct from investors, fund managers etc, as well as indirect. If you don't have money this is in fact the best thing you can do right now for Bitcoin, provided you do it well and stick with it for long intervals. Note that BTC world doesn't need further attempts at stupid, shilling, or stupid shilling. We have plenty of those.

If you have both money and expertise you could contribute even more significantly by creating a company that works meaningfully for BTC, especially if you then list it in BTC. Your shining examples in this field are S.MPOE, S.DICE, S.BVPS etc. These are the sorts of things that make Bitcoin grow and these are the sorts of things that make Bitcoin matter. Do better.

If you have neither money nor expertise you should be "seen not heard", as the expression went about children in medieval Europe. Don't make any noise outside of politely asking questions and wisely learning from the answers you get. Also, lurk more.

That's about it. Have a pleasant stay, and always remember: you don't become a part of Bitcoin just by using the word "Bitcoin" a lot.

Quoted for later.

Could you please explain the procedure for taking delivery?

Well Mr Stardust... it'd seem you already have access to some pretty awesome stuff.

This'd be a little problematic.

Euphemisms. Am I doing it Rite?

This is actually pretty cool.

There exist forms of CFD (contract for difference) being used privately among the larger traders/marketmakers on MPEx which would in effect double as a form of insurance. The key aspect is that it's not offered to the public in any form, but only among a group of entities that are able to recognize each other.

So in short, the only way to participate in BTC financials insurance is to become part of a club that has both the cause and the wherewithal to do it. Along these lines your idea is in very theoretical principle workable, but I'm not so sure about any of the specifics you propose.