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Author Topic: Stock Exchange testing, round 3  (Read 8242 times)
chris200x9
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April 28, 2011, 12:33:21 AM
 #21

so do these shares have any inherant value? Can I just create over 9000 shares of awesome an sell them even though I have no company or anything?
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kiba
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April 28, 2011, 12:39:23 AM
 #22

so do these shares have any inherant value? Can I just create over 9000 shares of awesome an sell them even though I have no company or anything?

They have to convince investors that these stocks is worth buying.

I would buy a stock in GLBSE because the company have a real product out there.

chris200x9
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April 28, 2011, 01:05:09 AM
 #23

so do these shares have any inherant value? Can I just create over 9000 shares of awesome an sell them even though I have no company or anything?

They have to convince investors that these stocks is worth buying.

I would buy a stock in GLBSE because the company have a real product out there.

so basically I can issue shares of chris200x9 -- that's fucking awesome!
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April 28, 2011, 01:29:10 AM
 #24


so basically I can issue shares of chris200x9 -- that's fucking awesome!

I wouldn't buy any share in you, though.

chris200x9
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April 28, 2011, 01:34:58 AM
 #25


so basically I can issue shares of chris200x9 -- that's fucking awesome!

I wouldn't buy any share in you, though.

"yeah, well, you know, that's just, like, your opinion, man."
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April 28, 2011, 05:33:26 AM
 #26


so basically I can issue shares of chris200x9 -- that's fucking awesome!

I wouldn't buy any share in you, though.

"yeah, well, you know, that's just, like, your opinion, man."

I suggest you have an awesome business plan first Smiley
Anonymous
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April 28, 2011, 05:39:10 AM
 #27

First up nefario deserves kudos for all the work hes doing getting this project out the door.

Secondly, a great use case for a bitcoin share market is an existing business that wants to transition to the bitcoin economy by accessing bitcoins to back their venture with. It builds a bridge between the two economies so both can win.
bitlotto
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April 28, 2011, 06:27:03 AM
 #28

Sorry if I missed it, but will your site provide tools for paying dividends or would the business have to set up their own payment system? How about voting or managing tools for all the shareholders?

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
Nefario (OP)
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April 28, 2011, 09:19:40 AM
 #29

Sorry if I missed it, but will your site provide tools for paying dividends or would the business have to set up their own payment system? How about voting or managing tools for all the shareholders?

Good question, yes and yes.
I'm working on voting now (should be done in the next few days, kinda swamped right now).

Followed by paying dividends to share owners (or paying back a bond or loan etc.)

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Nefario (OP)
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April 28, 2011, 09:22:32 AM
 #30

I'd love to issue some shares on such a marketplace... but unless I have a PLC status I think it would only get me (eventually) into world of legal trouble.


You're right, what you would have to do is ensure that your persona online is not attached to your real life persona. Which for you wouldn't work because you've decided to make the two things the same (which is fine).

For someone like me who's online persona(this one) is not connected (too tightly) to my real life identity I wouldn't have anything to worry about.

As long as as you attach or connect these to a real life identity or entity then you would be making yourself a target.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
ribuck
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April 28, 2011, 10:34:09 AM
 #31

Stay tuned for my IPO of the Bitcoin project itself Smiley
Nefario (OP)
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April 28, 2011, 03:40:42 PM
 #32

Stay tuned for my IPO of the Bitcoin project itself Smiley

That would be interesting. Very...recursive.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Nefario (OP)
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April 28, 2011, 06:21:21 PM
Last edit: April 29, 2011, 06:33:41 AM by Nefario
 #33

All stock ticker updates have been moved to @GLBSE on twitter (still viewable on glbse.com), have updated links and a few other little things on glbse.com including a link to where to view contracts/assets details.

Now using @BitcoinGlobal for project status updates.

Was interviewed for Cypherpunkd on AgoristRadio, podcast is available here http://agoristradio.com/

FellowTraveler of OpenTransactions fame has found some problems with how I'm doing the contracts, with regards verifiability(Making it easy for someone to be impersonated).  I'll need to update the sample contracts to reflect this.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
chris200x9
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April 29, 2011, 03:12:17 AM
 #34

if anyone wants to get into it I'm giving away 100 shares of awesome to anyone who wants them, limit 4500 total given out.
Nefario (OP)
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April 29, 2011, 05:56:28 AM
 #35

Give it a try, transfer to d946ed601f13a46f655b508387afe769f353b3952f7a339a8277e7f19da584d8

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
chris200x9
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April 29, 2011, 02:47:41 PM
 #36

Give it a try, transfer to d946ed601f13a46f655b508387afe769f353b3952f7a339a8277e7f19da584d8


is it down, or is my system behaving badly? After I enter my password it doesn't do anything.
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April 29, 2011, 11:55:09 PM
 #37

Give it a try, transfer to d946ed601f13a46f655b508387afe769f353b3952f7a339a8277e7f19da584d8


is it down, or is my system behaving badly? After I enter my password it doesn't do anything.

same here.
Nefario (OP)
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April 30, 2011, 02:41:58 AM
Last edit: April 30, 2011, 02:55:34 AM by Nefario
 #38

For some reason the application server has frozen, I've just tried to check my balance, and it's not even acknolleging my request, never mind spitting out an error.

Not sure what's causing this, have restarted the server so you can give it another try.

I'll need to have a process that will monitor for this, kill the server and restart if it's frozen.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
chris200x9
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April 30, 2011, 03:44:30 AM
 #39

For some reason the application server has frozen, I've just tried to check my balance, and it's not even acknolleging my request, never mind spitting out an error.

Not sure what's causing this, have restarted the server so you can give it another try.

I'll need to have a process that will monitor for this, kill the server and restart if it's frozen.

you have 100 awesome, on't spend it all in one place.
FooDSt4mP
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April 30, 2011, 05:47:59 AM
 #40

./blackmarket.py withdraw 200000000 1MqoX4QphLAhvAEbGs9omJF1sBZbAC9Pwq
Enter passphrase:
Server error:         <td>rack.version</td>
           <td class="code"><div>[1, 0]</div></td>
         </tr>
         
         <tr>
           <td>sinatra.error</td>
           <td class="code"><div>#&lt;ArgumentError: comparison of Symbol with 200000000 failed&gt;</div></td>
         </tr>
         
      </table>
      <div class="clear"></div>
    </div> <!-- /RACK ENV -->

    <p id="explanation">You're seeing this error because you have
enabled the <code>show_exceptions</code> setting.</p>
  </div> <!-- /WRAP -->
  </body>
</html>

As we slide down the banister of life, this is just another splinter in our ass.
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