Author

Topic: MPEx goes live! (Read 8600 times)

legendary
Activity: 2324
Merit: 1125
October 05, 2012, 07:01:01 PM
#50
I have a serious question: why is an account so expensive? Why do people make accounts if creating accounts costs so much?

Because they have enough bitcoins to invest to pay the account fee after one month of 1-3% dividends?

But there exist free alternatives which charge on a per use basis.
full member
Activity: 182
Merit: 100
October 05, 2012, 06:26:54 PM
#49
I am sorry but Mircea Pornescu and his two bit, 1991 HTML exchange site are both a big joke. Anybody putting money into this "exchange" has lost their marbles.
sr. member
Activity: 394
Merit: 250
October 05, 2012, 04:29:54 PM
#48
I have a serious question: why is an account so expensive? Why do people make accounts if creating accounts costs so much?

Because they have enough bitcoins to invest to pay the account fee after one month of 1-3% dividends?
legendary
Activity: 2324
Merit: 1125
October 05, 2012, 12:53:12 PM
#47
I have a serious question: why is an account so expensive? Why do people make accounts if creating accounts costs so much?
donator
Activity: 588
Merit: 500
August 24, 2012, 10:54:59 AM
#46
Forgot to say: mpoe.org, mpoe.biz, mpex.us, mpex.biz among others all point to http://polimedia.us/bitcoin.

More info about Mircea Popescu, the peddler of underage porn and gore.
https://bitcointalksearch.org/topic/heres-where-i-spew-my-accusations-against-mpoe-all-are-welcome-102333
hero member
Activity: 756
Merit: 522
August 23, 2012, 09:14:03 AM
#45
Forgot to say: mpoe.org, mpoe.biz, mpex.us, mpex.biz among others all point to http://polimedia.us/bitcoin.
donator
Activity: 588
Merit: 500
August 20, 2012, 09:43:05 PM
#44
Quick question:

Why are you hosting this?
http://polimedia.us/dtng/f/ (NSFW)

Because he is a porn star wannabe. This will be people faces when he will disappear:



Source: his website.
sr. member
Activity: 336
Merit: 250
August 20, 2012, 07:00:07 PM
#43
Quick question:

Why are you hosting this?
http://polimedia.us/dtng/f/ (NSFW)
hero member
Activity: 756
Merit: 522
August 20, 2012, 06:50:28 PM
#42
Quote
a.) The domain polimedia.us (which hosts MPEx) gets confiscated by a government authority?

In case the domain is confiscated or otherwise lost MPEx would move to a different domain, in a different jurisdiction. Should the same happen again, MPEx would move to what will at the time be a solid alternative for a free Internet, be it the TOR netword, namecoin or some equivalent based DNS or any comparable solution. No government will ever be able to stop the Internet, in general. We're prepared to show this in the particular.

This is by the way true of all the other polimedia properties, which probably should be given a few words. Romania is a small market. As such, the same person happens to own the most widely read blog in Romanian (Trilema), the Romanian digg/reddit (fain), the Romanian 4chan (dtng). Such concentration may be rare in other language spaces and inconceivable in English, but it is a fact in Romania due to the smaller size and relative backwardness of that language space. The owner has elected to list them all under the same domain. Other people might have made different choices.

Quote
b.) The sytems that MPEx is hosted on are confiscated by a government authority or breached by a criminal?

Should the systems be confiscated or otherwise lost the service will failover to different systems, possibly on bulletproof hosting if need be. This to the point of availability.

Quote
Internet-facing machines do hold copies of the database. They are reasonably secured, which probably means they are more secure than most any other bitcoin-based application at this time. However, their absolute security is not considered a strategic priority and no extraordinary measures are undertaken to ensure it. Provided that an attacker manages to breach one or all such machines it would be possible for that attacker to acquire a copy of the list of all accounts (not emails, but keyids), their transaction history, assets and so forth. If you follow Step 1 above even in this scenario the attacker gains no benefit : he now knows that "someone" owns so-and-so assets, which is information he could have compiled anyway watching the tickers on irc/twitter etc. If you do not follow Step 1 above it is possible for your assets holdings to be identified in this (unlikely) scenario. If you value your anonimity do follow Step 1 above.

From the FAQ, as to compromise.

In the unlikely case that the continuation of MPEx becomes impossible, all issuers will be provided with lists of their assets' owners. A successor system would have to be constructed, but no information is lost (since people can still sign with their keys, it is trivial to identify yourself as an owner).
legendary
Activity: 2506
Merit: 1010
August 20, 2012, 03:52:26 PM
#41
What is the outcome if:

a.) The domain polimedia.us (which hosts MPEx) gets confiscated by a government authority?

b.) The sytems that MPEx is hosted on are confiscated by a government authority or breached by a criminal?

How does this affect the asset issuer?  How does this affect the investors?
hero member
Activity: 743
Merit: 500
July 23, 2012, 04:18:55 PM
#40
to:@MPEx1
can you stop spamming #bitcoin twitter chanel ??
thx
hero member
Activity: 756
Merit: 522
April 23, 2012, 11:21:22 AM
#39
Quote
Also, not sure if dividends have been paid on Pure.Synth. None are listed on the asset page or in my statement.

It's true that dividend payments don't currently show under statements. In the interim all dividend payment events are announced on the twitter feed (hashtag "dividend"). F.PURE.SYNTH paid twice so far, as follows:

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Your dividend payment for F.PURE.SYNTH in total sum of 951390000 to a notional float of 6000000 has been issued on April 18, 2012, 4:39 pm. Feel free to publish this receipt to your shareholders.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.5 (GNU/Linux)

iD8DBQFPju5NkhT8a/G2mSERAla3AJ9ND77kf3lJ3VtTGHxu3g9VN7ynkACfdror
CUjOYGu0RO6T1zGO/Xl+jk0=
=GWTT
-----END PGP SIGNATURE-----

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Your dividend payment for F.PURE.SYNTH in total sum of 1763640000 to a notional float of 6000000 has been issued on April 23, 2012, 3:52 pm. Feel free to publish this receipt to your shareholders.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.5 (GNU/Linux)

iD8DBQFPlXqykhT8a/G2mSERAkQRAJ0W5sxF6f9i9NUYp+9AkG6JK5IhVQCggiUH
dv3CO6G+LJHsCYWE6gOi36k=
=bfJa
-----END PGP SIGNATURE-----

The 2nd is an aggregate of the quasi-daily dividends PUREMINING pays. The 1st is the dividend corresponding to the 2012-04-17 dividend. There was an earlier payment that doesn't show on twitter because the feed didn't exist at the time.

In general MPEx will be paying dividends no more frequently than weekly, with a monthly payment as the golden standard. All dividends paid on ETFs and SYNTH underlyings will be paid in aggregate at that time.


Quote
When can we expect dividend statements and statements of interest payments?

This is on the to-do list.

Quote
Would be nice to be able to get a complete transaction history (as a separate command) for auditing purposes.

The current STAT command gives you the transaction list since ~ 1 hour before you last ran a STAT command. As long as you keep all your STAT results you should be doing pretty ok auditing-wise.
legendary
Activity: 1358
Merit: 1002
April 22, 2012, 08:52:26 PM
#38
Hey psy, you missed one.

Don't worry, everybody knows already how shitty a PR you are.
And you better don't insist much, you might get what you wish, Ms. gangbang!
hero member
Activity: 518
Merit: 500
April 22, 2012, 08:50:10 PM
#37
When can we expect dividend statements and statements of interest payments? From what I can see the interest trickles in, but the statement doesn't list it under transactions. Also, not sure if dividends have been paid on Pure.Synth. None are listed on the asset page or in my statement.

Would be nice to be able to get a complete transaction history (as a separate command) for auditing purposes.
hero member
Activity: 756
Merit: 522
April 22, 2012, 08:04:24 AM
#36
Hey psy, you missed one.
hero member
Activity: 756
Merit: 522
April 20, 2012, 09:21:11 AM
#35
Proudly pointing out the fact that for the first time ever daily average trade turnover passed 1k BTC on MPEx.
hero member
Activity: 756
Merit: 522
April 19, 2012, 12:53:58 PM
#34
It's... hm. It's a meta-reference, let us say!
hero member
Activity: 518
Merit: 500
April 19, 2012, 11:51:35 AM
#33
Quote
Suggestion: Can you put the USD equivalents next to the option quotes (without making it too cluttered?) and also add the current BTC/USD price?

No reference to any fiat currencies will ever be included on MPEx.

Um, what do you call the option strike prices? Is that not a reference to a fiat currency? All the options are pretty meaningless without it!
hero member
Activity: 756
Merit: 522
April 19, 2012, 10:49:37 AM
#32
Quote
Suggestion: Can you put the USD equivalents next to the option quotes (without making it too cluttered?) and also add the current BTC/USD price?

No reference to any fiat currencies will ever be included on MPEx.
hero member
Activity: 518
Merit: 500
April 19, 2012, 09:55:01 AM
#31
Suggestion: Can you put the USD equivalents next to the option quotes (without making it too cluttered?) and also add the current BTC/USD price?
hero member
Activity: 756
Merit: 522
April 18, 2012, 10:12:53 AM
#30
Quote
the style of graphs on the main page differ from those on the individual asset pages (prices as diamonds versus candlesticks).

Yes. The space was not judged sufficient to actually make any useful candlesticks (both because finite-pixel rounding errors and superimposition with volume bars) and also due to the litany of symbols on offer candlesticks might have been significant load. But other than the fact vwa prices are shown as dots (diamonds) there's little changed, scale works the same exact way.
hero member
Activity: 518
Merit: 500
April 18, 2012, 09:02:43 AM
#29
Actually the drawing is wrong in one point, which is to say the low point on the price scale should read 2433 not 2043. I hope for my sake this is obvious enough and I don't have to redo it.

Yes, that was obvious enough, and I thought not to mention it.

It does appear, though, that the style of graphs on the main page differ from those on the individual asset pages (prices as diamonds versus candlesticks).
hero member
Activity: 756
Merit: 522
April 18, 2012, 05:30:21 AM
#28
Actually the drawing is wrong in one point, which is to say the low point on the price scale should read 2433 not 2043. I hope for my sake this is obvious enough and I don't have to redo it.
hero member
Activity: 518
Merit: 500
April 17, 2012, 08:44:22 PM
#27
Small steps up is what we're all about Smiley

Scaled from lowest bid in 30 days to highest bid in 30 days. How could it go out of scale? Here, I made you a little drawing:

.

Do you mean lowest trade to highest trade? I thought you meant lowest/highest current bid, in which case it could go off scale if day 1 bid ask is 0.1/0.2 and then by day 5 the price has quintupled and bids are now 0.5/1.0.

That drawing helped. It still took me a bit to get my head around, but I understand it now.
newbie
Activity: 38
Merit: 0
April 17, 2012, 07:06:25 PM
#26
For the Windows users aegis has complied the python script into a stand-alone all inclusive (gpg too I think) 32 bit .exe. You can find it here

Correction, you do still need GPG installed and in your %PATH. I just added the (Intel) Mac binary .app of Azelphur's frontend for OSX.

hero member
Activity: 756
Merit: 522
April 17, 2012, 04:56:00 AM
#25
Small steps up is what we're all about Smiley

Scaled from lowest bid in 30 days to highest bid in 30 days. How could it go out of scale? Here, I made you a little drawing:

.
hero member
Activity: 518
Merit: 500
April 16, 2012, 07:54:43 PM
#24
Yea, that info is going into the FAQ. Vertical is MIN bid to MAX bid (so in the case of the link, 122000 to 169000) and horizontally each line is a 24 hour interval starting with the present moment and going back. The volume line is also by days, the last bar being the past day's volume (so in the case of the link, 28500). Knowing this would you still say it is meaningless?
It goes from "meaningless" to "difficult to understand"/"not readily obvious". So a small step up.

So if the vertical axis is scaled to bid, the trading history could go off scale if there are large movements in price.
hero member
Activity: 756
Merit: 522
April 16, 2012, 06:48:48 PM
#23
For the Windows users aegis has complied the python script into a stand-alone all inclusive (gpg too I think) 32 bit .exe. You can find it here
hero member
Activity: 756
Merit: 522
April 16, 2012, 11:01:33 AM
#22
Yea, that info is going into the FAQ. Vertical is MIN bid to MAX bid (so in the case of the link, 122000 to 169000) and horizontally each line is a 24 hour interval starting with the present moment and going back. The volume line is also by days, the last bar being the past day's volume (so in the case of the link, 28500). Knowing this would you still say it is meaningless?
hero member
Activity: 518
Merit: 500
April 16, 2012, 08:54:19 AM
#21
Proudly announcing the new candlestick graphs, visible on individual asset pages (http://polimedia.us/bitcoin/mpex.php?mpsic=F.GIGA.ETF for instance).
Scales on the axes would be nice. It's a bit meaningless without them.
hero member
Activity: 756
Merit: 522
April 16, 2012, 08:13:00 AM
#20
Proudly announcing the new candlestick graphs, visible on individual asset pages (http://polimedia.us/bitcoin/mpex.php?mpsic=F.GIGA.ETF for instance).
legendary
Activity: 938
Merit: 1000
What's a GPU?
April 15, 2012, 09:33:15 PM
#19
Interested. Scribed.
hero member
Activity: 756
Merit: 522
April 14, 2012, 02:24:43 PM
#18
There's now also a market depth json for the people into writing bots and whatnot: http://polimedia.us/bitcoin/mpex-mktdepth.php
hero member
Activity: 756
Merit: 522
April 14, 2012, 11:41:31 AM
#17
From now on you can trade BTC/USD options on the MPEx infrastructure. Of particular interest is the newly added command SPLIT. Quoting from the FAQ:

Quote
SPLIT, as in SPLIT|{btc}|{option id}, which allows you to split a number of whole BTCs into CALL-PUT pairs for a given strike. Say you want to sell short 100 CALLS struck at 5.0 expiring this month. Provided you have 100 BTC in your account you go SPLIT|100|050T and voila, you now have 100 CALLS @5.0 (and a number of PUTS @5.0 based on the strike/current BTC/USD ratio), which you can sell. At the month's end you will receive the 100 BTC back, minus any costs resulting from exercises.

As you can see, this is a significant improvement over the way short selling works on the old MPOE site.

As a result the MPOE site is being retired. Customers currently holding options (long or short) on MPOE can ask to be migrated to MPEx (provided they have a registered key), but are not required to do so: contracts will be honored as they are at any rate. MPOE will stop taking new orders sometime in the coming months.
hero member
Activity: 714
Merit: 500
Psi laju, karavani prolaze.
April 13, 2012, 11:09:58 AM
#16
Also there's a live twitter stream, https://twitter.com/#!/mpex1

Which is picked up and spited out on irc by a bot in #bitcoin-assets  Wink
hero member
Activity: 518
Merit: 500
April 13, 2012, 07:15:10 AM
#15
I wrote a little command line front end to MPEx to make it a little easier to use.

https://github.com/Azelphur/pyMPEx
Thanks. Just got this set up. It makes it easier. A GUI would be better still. I'm sure it will come. GLBSE started as a CLI too.
hero member
Activity: 756
Merit: 522
April 12, 2012, 05:23:30 PM
#14
Also there's a live twitter stream, https://twitter.com/#!/mpex1
hero member
Activity: 756
Merit: 522
April 12, 2012, 05:44:29 AM
#13
Ahh, very nice Azelphur!

Barely a day has passed and there's already github commits and whatnot. Excellent!
newbie
Activity: 43
Merit: 0
April 11, 2012, 11:18:21 PM
#12
I wrote a little command line front end to MPEx to make it a little easier to use.

https://github.com/Azelphur/pyMPEx
hero member
Activity: 756
Merit: 522
April 11, 2012, 08:42:08 PM
#11
Quote
release something like it that make MPEx easier to use.

If you're on linux:

Quote
$sudo apt-get install gnupg-agent
$gpg-agent --daemon
$echo "BUY|S.XXX|1000|5000" | gpg --clearsign | gpg --encrypt --armor -r F1B69921

That way the CLI directly spits out the gpg stuff you need to paste into the box. If you would rather it also posts it directly you can replace that last line with

Quote
$echo "BUY|S.XXX|1000|5000" | gpg --clearsign | gpg --encrypt --armor -r F1B69921 | curl --data "msg=@-" http://polimedia.us/bitcoin/mpex.php

(haven't tested but should work roughly speaking).

Quote
Simple page + GPG security ftw

YE!

Would be pretty cool to see a gpg based exchange for sure.

Also in the news: Volume-weighted average price as a json: http://polimedia.us/bitcoin/mpex-vwap.php
sr. member
Activity: 350
Merit: 250
April 11, 2012, 08:22:31 PM
#10
Simple page + GPG security ftw
I wish there was a bitcoin exchange site like this as well, MtGox lite but a Tor hidden service, backed by LR or something and using web of trust model
hero member
Activity: 518
Merit: 500
April 11, 2012, 08:15:19 PM
#9

On the other score: there are a couple people working on bots for it atm.

A first step would be something like
Quote
$echo "STAT" | gpg --clearsign | gpg --encrypt --armor -r F1B69921
especially if you have gpg-agent running. You could conceivably turn that into a bash script taking a parameter, too.

Note that there's absolutely no need to enter the order manually, you can just POST to the script (use curl or whatever you prefer).

When it starts to get much more technical than that I start getting lost. I'm sure it's a piece of cake for some though, so hopefully someone (MP?) can release something like it that make MPEx easier to use.

PS. The first link in your sig doesn't work anymore.
Thanks. I will remove it.
hero member
Activity: 756
Merit: 522
April 11, 2012, 07:53:32 PM
#8
Cheesy
More bonds coming soon!
vip
Activity: 1358
Merit: 1000
AKA: gigavps
April 11, 2012, 07:20:46 PM
#7
Have I got this right, the ask price from the issuer for ETF shares for gigamining bonds is over 10 times higher than the trading value of the underlying assets on GLBSE?

ASK: 0.01770000

900 gigamining bonds = 900,000 F.GIGA.ETF
1 gigamining bond = 1000 F.GIGA.ETF

--> Asking 17.7 BTC per underlying bond!

This is quite interesting. There is an EFT on my bond!
hero member
Activity: 756
Merit: 522
April 11, 2012, 07:11:58 PM
#6
MPEx now has a trade history RSS, you can check it out here: http://polimedia.us/bitcoin/mpex-rss.php
hero member
Activity: 756
Merit: 522
April 11, 2012, 03:48:58 PM
#5
Quote
--> Asking 17.7 BTC per underlying bond!

Whoops hehe. This has been since fixed.

On the other score: there are a couple people working on bots for it atm.

A first step would be something like
Quote
$echo "STAT" | gpg --clearsign | gpg --encrypt --armor -r F1B69921
especially if you have gpg-agent running. You could conceivably turn that into a bash script taking a parameter, too.

Note that there's absolutely no need to enter the order manually, you can just POST to the script (use curl or whatever you prefer).

PS. The first link in your sig doesn't work anymore.
member
Activity: 64
Merit: 10
April 11, 2012, 03:06:36 PM
#4
I'm afraid the website needs serious usability improvements and a UI revamp.

I'm not trying to put you off, I'm trying to give productive input. I hope it doesn't come out the wrong way.
hero member
Activity: 518
Merit: 500
April 11, 2012, 01:14:35 AM
#3
Your security may be great, but currently usability is cumbersome. I don't have the technical know-how, but is it possible to script the operations, such that one could download a program and import their gpg key into it. It would query MPEx for assets and orders, and could then sign and submit orders?

Such a program would also allow automated pricing of orders (e.g., to adjust for FX fluctuations). In the current state MPEx would not be suitable, because of the need to enter each order manually.
hero member
Activity: 518
Merit: 500
April 11, 2012, 12:33:04 AM
#2
Have I got this right, the ask price from the issuer for ETF shares for gigamining bonds is over 10 times higher than the trading value of the underlying assets on GLBSE?

ASK: 0.01770000

900 gigamining bonds = 900,000 F.GIGA.ETF
1 gigamining bond = 1000 F.GIGA.ETF

--> Asking 17.7 BTC per underlying bond!
hero member
Activity: 756
Merit: 522
April 11, 2012, 12:21:54 AM
#1
One month after opening the beta it's my great pleasure to announce that MPEx has left the paper-and-monopoly-money phase and is now live, churning away bitcoins and assets.

So why do you want to use it?

Reason #1. 0.2% sell side fee, no buy side fee.

Reason #1.1. You can slash that even further if you qualify for Market Maker. Ask mircea_popescu (#bitcoin-otc-eu on freenode) for details.

Reason #2. Free PUSH of assets. That's right, you want to move stocks around and you know your counterparty's fingerprint go right ahead. We charge you for the matchmaking we do, but we don't charge you for the matchmaking you do yourself.

Reason #3. Huge market depths. We're talking thousands of BTC.

Reason #4. Security. Seriously.

Reason #5. Uptime.

We're also looking for solid companies to launch IPOs, talk to the same mircea_popescu.

And here's to a happy 2012, the year of Bitcoin.
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