#assets-otc - Contract Management System - page 2.

piotr_n

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aka tonikt

Quote from: ?? on ??

Man... Theymos, Nefario and I agree on something cuz of facts, (you helped our casue with your chart) and you do not agree cuz "crazy conspiracy"...

Whether any of you is crazy, or not - it's not up to me to decide.
I'm a software engineer, not a psychiatrist.

But I have no doubt that there was a conspiracy
The admin of the forum was secretly owning 23% share in GLBSE...
If that is not a conspiracy for you, then I suggest you to check up a dictionary

Or just sing yourself up for additional lessons of English.

killerstorm

legendary

Activity: 1022

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Quote from: ?? on ??

Can you link me to your thread on this topic? Your plan sound pretty solid.

Well it's now scattered over many threads.

General outline of colored coins: https://bitcointalksearch.org/topic/chromawallet-colored-coins-issue-and-trade-private-currenciesstocksbonds-106373
Incomplete discussion of an exchange: https://bitcointalksearch.org/topic/stock-exchange-based-on-colored-coins-118672
A basic implementation from other developer: https://bitcointalksearch.org/topic/blockchain-security-trackingcolored-coinssmart-contracts-short-python-script-117630
Discussion about contract enforcement: https://bitcointalksearch.org/topic/m.1278882

I expect to produce an Armory-based client in a couple of weeks. Meanwhile you can try python script from that other guy, but that's at your own risk.

I've been focusing mostly on tech sides, but I do have some ideas about ecosystem/

killerstorm

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Well, I'm working on an exchange based on colored coins and I wonder how it compares to asset-otc feature-wise.

With colored coins number of bonds/shares can be fixed at time they are issued, and issuer won't be able to dilute. Thus ownership is unambiguous.

E.g. a situation where issuer says he makes 1000 bonds but makes 2000 bonds and we don't know which of them are real is not possible.

Of course it is possible for an issue to issue more bonds under a different name, but then it is a matter of issuer identification.

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: killerstorm on October 20, 2012, 05:31:50 AM

does asset-otc secure investors from dishonest issuers? E.g. what if issuer will create fake bondholders?

no. asset-otc only secure investors from me being dishonest

but, did GLBSE, or does any other operational bitcoin assets exchange/storage secure investors from dishonest issuers?
same answer: no

though I can guarantee you that I will do my best to make sure that no goat's asset will ever get listed at asset-otc.
but... if he will ever change his identity and ask someone to help him with gpg - there will not be much I can do to prevent his asset listed...

so make sure you trust thy guy whose assets you're buying - but this applies to any asset and abstracts from the platform.

killerstorm

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Activity: 1022

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I don't quite understand your conflict, but it might be relevant to asset-otc: does asset-otc secure investors from dishonest issuers? E.g. what if issuer will create fake bondholders?

EskimoBob

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Quality Printing Services by Federal Reserve Bank

Oh fuck! Not that shit again. Huh

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

Quote from: piotr_n on October 20, 2012, 03:19:59 AM

Quote from: ?? on ??

do you not understand your own chart? the volume line goes up on the right side of the red line. oh lol!

so in other words: you don't deny selling counterfeited bonds after the red line, but you do deny selling them between the blue and the red - when their price was even higher...

and your key argument is: I don't remember what the numbers were between the blue and the red, though I am not wrong about what they were after...
plus: nefario said so, and he would obviously not lie for you, because you were not friends...

Counterfeited bonds? You know Theymos had access to my BTCST account and saw the number I had there? Is Theymos my bitch too? You are a joke man...

Is theymos also your bitch? Hmmmm....
If so, then not as much as Nefario... because after my complains he eventually put back on the forum the censored content which you ordered him to remove.
While Nefario never fixed the mistake he made by lying at your order to me and the other people in that topic.

So he might not be your bitch, but he is also not a honest person, because he was holding a secret share in GLBSE, while pretending to be an independent and unbiased admin of this forum.

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

do you not understand your own chart? the volume line goes up on the right side of the red line. oh lol!

so in other words: you don't deny selling counterfeited bonds after the red line, but you do deny selling them between the blue and the red - when their price was even higher...

and your key argument is: I don't remember what the numbers were between the blue and the red, though I am not wrong about what they were after...
plus: nefario said so, and he would obviously not lie for you, because you were not friends...

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

I find it funny that you think Nefario and I are friends because you failed to remember a number correctly

Of course.
And the numbers upon which I built a graph of the PPT bonds you were selling after pirate had announced that he won't accept BS&T deposits anymore - these I also failed to remember, right?

https://bitcointalksearch.org/topic/m.1173216

piotr_n

legendary

Activity: 2053

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aka tonikt

It's not a court trial and you are not a judge - for me it is enough of an evidence.

I understand that you are extremely stupid, so may think that people are not able to remember a number..
But I did remember that number very well, and again: Nefario was lying for you, right into my face.
Thus: he is your lying bitch.

How many times do I need to repeat myself so you would finally get it?

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

Nefario said you were wrong.

Technically, Nefario said that the numbers I saw were different one from the ones I saw.
And since I am not crazy and I know very well what I saw - again: that is how he became your lying bitch.

Do you really want to drag it further?

Last time I spoke "off topic" in your topic, you ran lamenting to theymos who then came and censored my posts.
And, as it turned out at the end - it's because he owned a secret share in GLBSE...

GLBSE = one big fucking scam. And you @goat are an ugly and fat part of it.

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

Do you have any evidence that Nefario was lying for me? Do you not understand Nefario does not like me? I'm sure you have no evidence and you are just being silly.

The evidence is all there in your topic:
https://bitcointalksearch.org/topic/m.1126351

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

Quote from: piotr_n on October 20, 2012, 02:18:45 AM

Quote from: ?? on ??

Quote from: piotr_n on October 20, 2012, 02:07:56 AM

Well, if you want to be friends with your bitches - who am I to say 'no'?

Why do you think Nefario is my friend?

You see - that's what I'm saying.
You don't even understand a sentence written in simple English - there is no way you could handle GnuPG.

You seem to be unaware of the relationship between nefario and I. But everyone else here does, so you look (are) ignorant.

I am pretty aware of your relationship.
He was getting a nice cut from your cheating assets being traded at his "stocks exchange" and therefore you were paying him to lie for you - and he was lying for you, right into my face.
And thus: for me he is your lying bitch. Period.

piotr_n

legendary

Activity: 2053

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aka tonikt

Quote from: ?? on ??

Quote from: piotr_n on October 20, 2012, 02:07:56 AM

Well, if you want to be friends with your bitches - who am I to say 'no'?

Why do you think Nefario is my friend?

Do you really have a clue?

This is why no one will trust you, you have no idea what is going on.

You see - that's what I'm saying.
You don't even understand a sentence written in simple English - there is no way you could handle GnuPG.
You also, despite of the simplicity, don't have a clue of how #assets-otc works and that I designed it in a way that nobody needs to trust me.

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

Quote from: piotr_n on October 20, 2012, 02:02:16 AM

Quote from: ?? on ??

This is a joke. No one will trust piotr_n anyway so it wont go anywhere.

Well all I can say is that you definitely won't be using the service.
How do I know?
Because in order to use it you'd first need to know how to handle GnuPG encryption and signing - and I seriously doubt that you are capable of that.
Oh, unless you hire your lying bitch Nefiario, to help you with that

Yes, Nefario and I are good friends, soo good in fact Nefario is my bitch! lol

GnuPG encryption and signing ?? You must be new here and have no clue who I am. Lol

Well, if you want to be friends with your bitches - who am I to say 'no'?

And I don't know what "here" is, but I believe I know pretty well who you are.
A stupid crook without any technical skills whatsoever.
If you had technical skill, why would you need to steal money from people?

piotr_n

legendary

Activity: 2053

Merit: 1354

aka tonikt

Quote from: ?? on ??

This is a joke. No one will trust piotr_n anyway so it wont go anywhere.

Well all I can say is that you definitely won't be using the service.
How do I know?
Because in order to use it you'd first need to know how to handle GnuPG encryption and signing - and I seriously doubt that you are capable of that.
It's just too technical for a goat like you.
Oh, unless you hire your lying bitch Nefiario, to help you with that

EskimoBob

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Activity: 910

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Quality Printing Services by Federal Reserve Bank

Quote from: CharlesPonzi on October 19, 2012, 10:57:55 AM

Quote from: EskimoBob on October 19, 2012, 10:50:55 AM

Quote from: Bitcoin Oz on October 19, 2012, 09:11:07 AM

Quote from: flipperfish on October 06, 2012, 12:55:01 PM

Even if there is no trading engine, is there support to just "advertise" quotes for asks / bids of a certain asset (maybe with the possibility to mail the advertising party to conclude the trade)?

Someone could write a scraper for bitcoin-otc that extracts all the bids and asks onto a chart style site.

Cant agree more

I have few sell orders at virtual ST's of ART-OTC Who even uses that page any more?

A simple Buy/Sell page is more than required to make the process less cumbersome.

1) Log in
2) Get the list of offers, select one you like and sumbit buy "order"
3) get a BTC account for payment (this has to be the sellers account - maybe issuer can generate a list of accounts that are used randomly)
4) (here it gets wacky because BTC is sooooo slow) system checks for the payment in the blockchain
5) request for share transfer is sent if payment is OK (2 conf is plenty?)
...

Coin is never held by assets-otc.
This can be (almost) done in OT but OT has no "connection" to blockchain and as far as I know, there is no BTC derivative at the moment to act as a "token" for BTC.

The trading page should be more like a broker than attached to assets-otc itself. https://coinbr.com/about like this for mpex.

I personally like to see as few layers between me and the issuer as possible.
Everything that has happened in the real world has shown us countless times, how scumbag brokers and greedy middleman rake all the profits while the investors and sometimes even the issuer, get peanuts or lose their shirts in the scams spun by the fkn brokers.
Have you guys forgotten, that one of the BTC ideas was to get rid of this layer of scumbags that is suffocating the society. Fuck banker and broker wannabes.

CharlesPonzi

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Activity: 98

Merit: 10

Quote from: EskimoBob on October 19, 2012, 10:50:55 AM

Quote from: Bitcoin Oz on October 19, 2012, 09:11:07 AM

Quote from: flipperfish on October 06, 2012, 12:55:01 PM

Even if there is no trading engine, is there support to just "advertise" quotes for asks / bids of a certain asset (maybe with the possibility to mail the advertising party to conclude the trade)?

Someone could write a scraper for bitcoin-otc that extracts all the bids and asks onto a chart style site.

Cant agree more

I have few sell orders at virtual ST's of ART-OTC Who even uses that page any more?

A simple Buy/Sell page is more than required to make the process less cumbersome.

1) Log in
2) Get the list of offers, select one you like and sumbit buy "order"
3) get a BTC account for payment (this has to be the sellers account - maybe issuer can generate a list of accounts that are used randomly)
4) (here it gets wacky because BTC is sooooo slow) system checks for the payment in the blockchain
5) request for share transfer is sent if payment is OK (2 conf is plenty?)
...

Coin is never held by assets-otc.
This can be (almost) done in OT but OT has no "connection" to blockchain and as far as I know, there is no BTC derivative at the moment to act as a "token" for BTC.

The trading page should be more like a broker than attached to assets-otc itself. https://coinbr.com/about like this for mpex.

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: Bitcoin Oz on October 19, 2012, 09:11:07 AM

Quote from: flipperfish on October 06, 2012, 12:55:01 PM

Even if there is no trading engine, is there support to just "advertise" quotes for asks / bids of a certain asset (maybe with the possibility to mail the advertising party to conclude the trade)?

Someone could write a scraper for bitcoin-otc that extracts all the bids and asks onto a chart style site.

Cant agree more

I have few sell orders at virtual ST's of ART-OTC Who even uses that page any more?

A simple Buy/Sell page is more than required to make the process less cumbersome.

1) Log in
2) Get the list of offers, select one you like and sumbit buy "order"
3) get a BTC account for payment (this has to be the sellers account - maybe issuer can generate a list of accounts that are used randomly)
4) (here it gets wacky because BTC is sooooo slow) system checks for the payment in the blockchain
5) request for share transfer is sent if payment is OK (2 conf is plenty?)
...

Coin is never held by assets-otc.
This can be (almost) done in OT but OT has no "connection" to blockchain and as far as I know, there is no BTC derivative at the moment to act as a "token" for BTC.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: flipperfish on October 06, 2012, 12:55:01 PM

Even if there is no trading engine, is there support to just "advertise" quotes for asks / bids of a certain asset (maybe with the possibility to mail the advertising party to conclude the trade)?

Someone could write a scraper for bitcoin-otc that extracts all the bids and asks onto a chart style site.

Topic: #assets-otc - Contract Management System - page 2. (Read 11828 times)