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Author Topic: Max Keiser Exchange software for BTC  (Read 549 times)
shui (OP)
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April 27, 2013, 12:23:35 PM
 #1

A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186

Is this true? Can he pull it off when his bosses tell him to?
Mcpit
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April 27, 2013, 03:39:44 PM
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Naah Max Keiser co-founded HSX and co-invented and patented the "Virtual Specialist" technology, which is now owned by Cantor Fitzgerald.

http://en.m.wikipedia.org/wiki/Hollywood_Stock_Exchange

Since the patent relates to virtual currency trading, some say CF might one day attempt to sue Bitcoin exchanges. I personally find it very hard to believe that the patent be so wide that it would forbid anyone else from "trading virtual currencies on internet"...
BCB
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April 27, 2013, 03:47:22 PM
 #3

A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186

Is this true? Can he pull it off when his bosses tell him to?

Shui,

What is your link too??
shui (OP)
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April 28, 2013, 01:10:17 AM
 #4

A source told me that the software BTC exchanges were using was the disinformer Max Keiser's software

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=6&f=G&l=50&co1=AND&d=PTXT&s1=5,003,186&OS=5,003,186&RS=5,003,186

Is this true? Can he pull it off when his bosses tell him to?

Shui,

What is your link too??


Upppss, sorry, wrong bookmark

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=2&p=1&f=G&l=50&d=PTXT&S1=((Timothy+AND+Maxwell)+AND+Keiser)&OS=Timothy+AND+Maxwell+AND+Keiser&RS=((Timothy+AND+Maxwell)+AND+Keiser)
Mcpit
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April 28, 2013, 04:02:15 AM
 #5

So if I understand well, according to the patent description, all market makers allegedly make use of human beings to fill customer orders if there are no matches in the open market. And the whole point of the patent is to replace that alleged human being with a program, called Virtual Specialist.

Again I personally find it very hard to believe that:
1. No other market maker in the world, of whichever financial instruments, wouldn't already be using automated processes to achieve such matching.
2. A patent could forbid anyone from deciding to make their own little program to achieve such matching.

 Huh
zerodrama
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April 28, 2013, 04:04:36 AM
 #6

Disinformer. LOL.

Max Keiser and Stacey Herbert are a tour de force.

EASY CALCULATION FOR TRADES: 1 Million is 1x10e6. 1 Satoshi is 1x10e-8. 1 M sat is 1x10e-2. 100 M sat is 1. If 1 herpcoin = 100 derptoshi then
1 M herpcoin @ 001 derptoshi = 0.01 derpcoin, 1 M herpcoin @ 100 derptoshi = 1.00 derpcoin
Post Scarcity Economics thread https://bitcointalk.org/index.php?topic=3773185
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