Matches for ninjashogun, 1788 total results Sorted by newest | relevance
Sun Mar 23 19:13:52 UTC 2014 <ninjashogun> sorry if it's Goat. Not sure if that means Garr.
Sun Mar 23 19:13:45 UTC 2014 <ninjashogun> Duffer1 - whose posting history are you referring to? If it's Garr, I know someone who knows him. (many exchanges).
Sun Mar 23 18:41:42 UTC 2014 <ninjashogun> mike_c - well I know a couple that have not reported thefts so far. (For example moolah's)
Sun Mar 23 18:41:06 UTC 2014 <ninjashogun> we know that the percentage of exchnages that would pretend a theft occurred would go up. (It's called 'moral hazard' in insurance.)
Sun Mar 23 18:39:55 UTC 2014 <ninjashogun> (insane as in insanely high.)
Sun Mar 23 18:39:40 UTC 2014 <ninjashogun> jurov - I wonder how much it would reduce exchnage usage if there were a 20% insurance fee on all deposits. (Which is insane.) Would some people still use it to buy fiat with BTC they accept elsewhere?
Sun Mar 23 18:39:05 UTC 2014 <ninjashogun> jurov - well, you can insure sub-prime mortgages but the premium might be on par with the monthly payment.
Sun Mar 23 18:38:28 UTC 2014 <jurov> ninjashogun one can't insure subprime mortgages (incidentally, from very similar reasons).. but some doods did that anyway
Sun Mar 23 18:37:26 UTC 2014 <ninjashogun> what is the percentage of exchnages that have had "reported theft" (whether real or invented)
Sun Mar 23 18:37:07 UTC 2014 <ninjashogun> "reported theft"
Sun Mar 23 18:37:02 UTC 2014 <ninjashogun> Apocalyptic, there's no way to know is there :)
Sun Mar 23 18:35:50 UTC 2014 <Apocalyptic> ninjashogun, you mean realt theft or self-theft a la zhou tong ?
Sun Mar 23 18:35:11 UTC 2014 <ninjashogun> jurov - I've heard of 3-5 such cases (I think) but I don't know what percentage that represents.
Sun Mar 23 18:34:59 UTC 2014 <ninjashogun> jurov - what percentage of BTC exchanges have lost btc due to theft? (to the point of shutting down)
Sun Mar 23 18:32:18 UTC 2014 <ninjashogun> jurov - I suppose the main reason an insurance scheme is stupid is because it doesn't work if every exchange gets hacked and has to pay out....
Sun Mar 23 18:31:57 UTC 2014 <ninjashogun> jurov - fair enough
Sun Mar 23 18:31:34 UTC 2014 <ninjashogun> jurov - that's not how bitcoin works. nothing is mandatory.
Sun Mar 23 18:31:27 UTC 2014 <ninjashogun> jurov - lol @ "mandatory"
Sun Mar 23 18:28:30 UTC 2014 <jurov> ninjashogun: that proposal isn't even funny
Sun Mar 23 18:27:41 UTC 2014 <ninjashogun> every week you hear of an exchange closing down freezing funds etc due to hacking.