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Sat Feb 18 15:35:02 UTC 2017 <funkenstein_> anyway what do you guys recommend for a colored coin platform / verifiable tradeable asset issuance setup?
Sat Feb 18 15:32:21 UTC 2017 <funkenstein_> http://log.bitcoin-assets.com/?date=18-02-2017#1466923 <-- sometimes we pay more for the promise of a thing then the thing itself, as there is a storage fee worked in there
Sat Feb 18 15:32:21 UTC 2017 <assbot> Logged on 18-02-2017 03:42:19; asciilifeform: and even for shares of stock, you would have to be stupid to pay same amount for 'promise of a share' as for 'actual share'.
Sat Feb 18 15:26:07 UTC 2017 <funkenstein_> does this mean the music stopped and we should find a chair?
Sat Feb 18 15:24:18 UTC 2017 <funkenstein_> people calling themselves the depository trust might be a good source of lulz but they hold / are counterparties to assets valued at some 20 Billion BTC
Sat Feb 18 11:52:09 UTC 2017 <kakobrekla> >. Trading will resume once pools and exchanges have had time to update their code. A new release will be pushed out pretty soon.
Sat Feb 18 08:00:01 UTC 2017 <punkman> "camouflage his tracks through the generation of lots of exchange accounts and carefully spread out deposits and withdrawals over several weeks. We estimate the attacker has created about 370,000 Zcoins which has been almost completely sold except for about 20,000+ Zcoin and absorbed on the market with a profit of around 410 BTC."
Sat Feb 18 07:59:05 UTC 2017 <punkman> "A typographical error on a single additional character in code allowed an attacker to create Zerocoin spend transactions without a corresponding mint. "
Sat Feb 18 06:13:21 UTC 2017 <punkman> the depository trust is a good source of lolz
Sat Feb 18 03:42:19 UTC 2017 <asciilifeform> and even for shares of stock, you would have to be stupid to pay same amount for 'promise of a share' as for 'actual share'.
Fri Feb 17 22:17:21 UTC 2017 <jurov> It's a real economic issue, and also one that people seem to get emotional about. It is: short-selling."
Fri Feb 17 22:17:19 UTC 2017 <jurov> "But there is another problem that created extra Dole shares. This is also a mess, but not a pointless one.
Fri Feb 17 20:36:32 UTC 2017 <funkenstein_> a cackling cacophony of kleptocracy and kakocracy, doncha think kakobrekla?
Fri Feb 17 20:12:04 UTC 2017 <funkenstein_> consider that hourly wages were perhaps median 15 cents an hour a century ago
Fri Feb 17 20:11:17 UTC 2017 <funkenstein_> yeah its a total scam but that figure doesn't capture the magnitude of it
Fri Feb 17 16:35:23 UTC 2017 <Chillum> a silver dime has $1.31 worth of silver in it, by modern money.
Fri Feb 17 16:34:11 UTC 2017 <Chillum> imagine, a whole population with silver in their pockets and in only a few decades they switched that silver for paper and nickle and nobody really made a fuss
Fri Feb 17 16:33:16 UTC 2017 <Chillum> what a huge and successful scam]
Fri Feb 17 16:32:08 UTC 2017 <Chillum> dollars used to be exchangable for silver, they put a stop to that
Fri Feb 17 16:21:05 UTC 2017 <Chillum> a piece of paper with the word "bitcoin" on it will no more provide economic aid during tough times than a piece of paper with the word "cow" on it will provide you with milk