Is there any chance of getting a table of the market capitalisation of glbse stocks ?

@Sukrim

Ciuciu is going to the right direction but with a dangerous car.

Generally speaking the value of mining bond is at the risk of the ASIC and BTC appreciation. However, I don't think the profit room is enough for him to pay the 150% annual interest rate to short.

1) ASIC is to come out, however, will it be so fast as BFL claim(2010-10)? we all know the punctuality of BFL. I strongly believe that BFL will have to collect enough prepayments to seriously start to do the R&D job. So I guess we will be lucky to see some ASIC at the end of this year.

2) BTC appreciation: well, just look at the bidding and asking wall of every bitcoin exchange. the price is now sticking around.


So, is the mining bond, for example, GIGAMING, should be traded at 0.8BTC right time right now? If You buy GIGAMING shares and lend it to ciuciu, it will spend you 25- weeks to collect enough dividend from ciuciu to cover your cost. And now, we find that gigavps, our lovely handsome gigavps, have decided that he will chose to do some really "fair" thing but not only acting according to the contract itself: he will upgrade the contract once the ASIC comes out! Now, why ciuciu is keeping short GIGAMING?

The YABMC has not given any similar promise yet, as they have the same 1) and 2) doubts like I have. However,  the delay of the ASIC + the  choppy market of bitcoin + the 150% dividend will put ciuciu in danger.

So, I think ciuciu is at the risk of losing this bet.

Excuse me, ciuciu, I'm at your counterparty of this bet. I have bought some shares and I'm speculating on that there will be a fast bounce/recovery of this negative bubble which is going to broke. I have to present my reasoning to the participants.

I believe that Ciuciu has to buy the shares back. And I believe he is intended to buy it back very soon. If he is planning to hold the shares to the end of the mining bond, why would not he issue some mining bond contract and sell it at fair market value? This saves much time and money for him. Of course, how much cash flow it will be for the total life of the bond, ciuciu is not sure about.

What he is sure about is that this thread itself, the short action, will cause herding effect and panic selling of the bond holders. This is intended to be a short term action.


For the lenders of ciuciu, if you don't have ciuciu place margin bitcoin with you but just words and reputation, there will be the possibility that ciuciu lose too much that he cannot pay back all of your money. It's not that ciuciu is going to run away, but that he is there and willing to be responsible but without the permission of MR. Market.

Not the kind of loss I had in mind. Rather has anyone stolen
any money using the API flaw.
 

We discovered a bug in the API that was causing some inputs to be processed incorrectly. The affected trades will be rolled back, and we are currently fixing the problem.

Hey, how is it possible that every time I place a bid that goes to the top of the list, s second later another bid moves above mine?

It's pretty unlikely that someone if re-fetching the HTML every second...
Is there some real time feed with the new bids/ask, like the one with the trades?

Because if there is such a feed, please tell us about it - otherwise it isn't fair that only chosen people have access to it.

About 95% of the trading profit went to pay fees...

We suspect the intersango bot gets information from the intersango exchange before our bot. Also since they do not have to pay the fees (or at least one side) we are at a disadvantage.

I've been asked about bulk/presale discounts. I'm not a fan of these things but I guess it couldn't hurt if done modestly and openly. So here are the terms:

1. Out of the 5000 bonds currently issued, up to 3000 are elligible for preordering.
2. Preorder must be at least 500 bonds.
3. Discount will be 2%. The actual price will be determined and disclosed when the bonds are offered publicly.
4. Preordered bonds will start to be delivered after bonds are publicly put on sale.
5. The preorder agreement isn't binding for either party. The buyer can cancel the order if he's unhappy with the price or for any other reason. I can also back out of the deal, but will only do that with a good reason.
6. If more bonds are preordered than available, buyers will be put on a waiting list. Bonds will be offered to buyers who are still interested in the order they requested the preorder.
7. Preorder request can be done by either posting in this thread or sending a PM.

That already happened with TheSeven's account which had a good number of Cognitive shares. It was traded down to something like 0.0000002. I can't believe the hacker didn't even have the heart to save him a few shares... but then again, if you're stealing in the first place...

We have procedures in place which will detect fraud and scams of that nature.

Atm btcchina isn't accepting bank deposits but deposits via Alipay, Tenpay, Yeepay or LR.

Note LR is converted to CNY upon deposit and is not atm available as a withdrawal option, it may be added to the site over the next month or so. Cashout is atm only to Alipay/Tenpay or several Chinese bank issued debitcards.


If they can get you an Alipay account attached to that account they can otherwise not. However I believe that atm Alipay isn't available to private account holders in the US.

It would be similar, but very streamlined.  This website also is limited for lending.  There are very few ways to record their actual history.  My database would record their total lent or borrowed, debt, number of loans taken and completed, number of late days for their loans, and I was thinking about having people tie their facebook/linkedin accounts as well to their credit.

Cut the crap already, I don't think it should be the responsibility of the exchange to enforce identification of issuers. It's nice enough they offer the feature.

Be a man, do your own due diligence and don't come crying when you invested in the wrong asset.

Fuck regulation!

EDIT: stochastic: isnt this something you as a broker could offer?

... a strikingly information-starved environment. Many firms whose securities were publicly traded published no regular reports or issued reports whose data were so arbitrarily selected and capriciously audited as to be worse than useless. It was this circumstance that had conferred such awesome power on a handful of investment bankers because they commanded a virtual monopoly of the information necessary for making sound financial decisions. Especially in the secondary markets, where reliable information was all but impossible for the average investor to come by, opportunities abounded for insider manipulation and wildcat speculation.

+1

Yes there should be some reward for going through the process. I like the idea of letting people have only so many assetts as they have verified infos. So if you have facebook you get 1 assett, add a photo and you get 2 assets etc.

When I sold the site, I was selling the intellectual property of the site and future profit opportunities for cash compensation. The AML requirements were set up after the acquisition and at that time, I was the main operator of Bitcoinica, which means no one else was representing Bitcoinica. The handover to Bitcoinica Consultancy is something happened after that. When the handover happened, I was not involved in negotiation or any business contracts, and by common sense, I should still have access (but not sole access) to all the customer deposits and ID documents. No one has ever contacted me about a formal handover of the accounts and ID documents.

My assumed responsibility as the main operator of Bitcoinica ceased at the time of press release. That's the public side of things. At the business side, nothing happened since then.

Yes, I secretly sold the intellectual property of the Bitcoinica website to a 3rd party without informing the community, but the handover to Bitcoinica Consultancy was a secret to me as well. I didn't even look at their contracts. The only message I got was like "Hey let's contract Intersango guys what you do you think?" I trusted the investor enough that if anything went wrong at his side, I should still bear responsibility to the community as if I never sold the site. And this absolutely ended at the time of press release of the handover. It was extremely clear that "Bitcoin Consultancy" will take "dominant role".

If you can provide a legally sound way to resolve this issue I will be glad to hear about it. As I said, there were no instructions at all therefore no actions were taken.

Anyway, these things are clear:

- It's illegal for me to delete the data without giving them to Bitcoinica Consultancy first.
- It's illegal for me give the documents to Patrick, Amir, Donald or Tihan without informing the public.
- It's illegal for me to use the data for anything else other than AML for Bitcoinica LP.

If you assumed that you were NOT giving the access to the documents to me (Zhou Tong) when you submitted the AML documents (i.e. You believed that Zhou Tong didn't have any rights to review the documents on the date of submission), please email me at ryan@bitcoinica.com, I will give your documents to Bitcoinica Consultancy and delete it from my repository immediately. (I doubt anyone would fall in this category.)

PS. I haven't even looked at or reviewed a single Photo ID after the handover.

I actually would disagree on that. I would put certain limits on unverified assets though.