DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Mon, Oct 20, 2008 at 11:53, Alex Smith <[EMAIL PROTECTED]> wrote: > I withdraw five 7 crops from the RBoA. I deposit them in the PBA. I > deposit the resulting 65 Chits for 650 Coins. Five 7 crops (4 from the RBOA, 1 from ais523's personal store) are deposited in the PBA. chit deposit fails. >

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Tue, Oct 21, 2008 at 11:37, Elliott Hird <[EMAIL PROTECTED]> wrote: > On 21 Oct 2008, at 18:33, Roger Hicks wrote: > >> On Tue, Oct 21, 2008 at 11:28, Elliott Hird >> <[EMAIL PROTECTED]> wrote: >>> >>> Wait, you can't deposit chits for coins. Yep, fails. >>> >> Soagain the real question: Did

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 18:33, Roger Hicks wrote: On Tue, Oct 21, 2008 at 11:28, Elliott Hird <[EMAIL PROTECTED]> wrote: Wait, you can't deposit chits for coins. Yep, fails. Soagain the real question: Did ais523 succeed in depositing zero, four, or five 7 crops in the PBA? BobTHJ as i said

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Tue, Oct 21, 2008 at 11:28, Elliott Hird <[EMAIL PROTECTED]> wrote: > Wait, you can't deposit chits for coins. Yep, fails. > Soagain the real question: Did ais523 succeed in depositing zero, four, or five 7 crops in the PBA? BobTHJ

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 18:25, Elliott Hird wrote: On 21 Oct 2008, at 18:23, Roger Hicks wrote: I know the "I deposit the resulting 65 Chits for 650 Coins" fails as ais523 got the currencies backward. He specified that incorrect PBA rates should still work. So e deposited 65 chits for some co

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Alex Smith
On Tue, 2008-10-21 at 18:25 +0100, Elliott Hird wrote: > On 21 Oct 2008, at 18:23, Roger Hicks wrote: > > > I know the "I deposit the resulting 65 Chits for 650 Coins" fails as > > ais523 got the currencies backward. > > > He specified that incorrect PBA rates should still work. So e > deposit

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 18:23, Roger Hicks wrote: I know the "I deposit the resulting 65 Chits for 650 Coins" fails as ais523 got the currencies backward. He specified that incorrect PBA rates should still work. So e deposited 65 chits for some coins. Ugh. -- ehird

Fwd: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
ttdf Begin forwarded message: From: Elliott Hird <[EMAIL PROTECTED]> Date: 21 October 2008 18:18:01 BDT To: agora-discussion@agoranomic.org Subject: Re: DIS: Re: BUS: Bank run, hopefully working this time On 21 Oct 2008, at 17:05, Roger Hicks wrote: Ok, now we have a problem. Five 7

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Tue, Oct 21, 2008 at 11:18, Elliott Hird <[EMAIL PROTECTED]> wrote: > > Uggh. I need the RBoA report to sort this all out. Anyway, chits are > fungible, so "resulting 65 chits" is just "65 chits", so I consider it a > deposit > of 65 chits. > > I'll work out everything else post-RBoA-report.

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 17:05, Roger Hicks wrote: Ok, now we have a problem. Five 7 crops will cost you 360 chits and you only have 334. I'm considering this a withdraw of four 7 crops, and will wait on ehird to determine what occurs on the PBA side before continuing. You have (334 - 288 =) 46 chits.

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Alex Smith
On Mon, 2008-10-20 at 21:35 -0700, Ed Murphy wrote: > ais523 wrote: > > > [Actions in this message are meant to take place in order. If an action > > fails, I intend to continue with the others regardless. Also, I intend > > PBA actions to happen even if I have the number of Coins wrong.] > > > >

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 17:05, Roger Hicks wrote: Ok, now we have a problem. Five 7 crops will cost you 360 chits and you only have 334. I'm considering this a withdraw of four 7 crops, and will wait on ehird to determine what occurs on the PBA side before continuing. You have (334 - 288 =) 46 chits.

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Ian Kelly
On Tue, Oct 21, 2008 at 9:13 AM, comex <[EMAIL PROTECTED]> wrote: > On Tue, Oct 21, 2008 at 8:01 AM, Elliott Hird > <[EMAIL PROTECTED]> wrote: >> The point is, however, that all the RBoA is really useful for now is >> switching to coins. > > ...until people start depositing more assets in the RBoA,

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Mon, Oct 20, 2008 at 11:53, Alex Smith <[EMAIL PROTECTED]> wrote: > I withdraw five 1 crops from the RBoA. > I deposit five 1 crops in the PBA. OK, -330 chits. You have 460 chits remaining. > This gives me 45 Coins, which I deposit in the RBoA for 450 Chits. 45 coins deposited for 450 chits. Yo

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
On Tue, Oct 21, 2008 at 09:51, Roger Hicks <[EMAIL PROTECTED]> wrote: > From the perspective of the RBOA / AAA / Vote Market (using the info > already gathered from the PBA): > > On Mon, Oct 20, 2008 at 11:53, Alex Smith <[EMAIL PROTECTED]> wrote: >> I withdraw two 0 crops from the PBA. I deposit t

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Roger Hicks
>From the perspective of the RBOA / AAA / Vote Market (using the info already gathered from the PBA): On Mon, Oct 20, 2008 at 11:53, Alex Smith <[EMAIL PROTECTED]> wrote: > I withdraw two 0 crops from the PBA. I deposit two 0 crops in the RBoA. OK, +50 chits > I deposit all my 37 Coins in the RBo

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 16:13, comex wrote: On Tue, Oct 21, 2008 at 8:01 AM, Elliott Hird <[EMAIL PROTECTED]> wrote: The point is, however, that all the RBoA is really useful for now is switching to coins. ...until people start depositing more assets in the RBoA, and there's no reason they should

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread comex
On Tue, Oct 21, 2008 at 8:01 AM, Elliott Hird <[EMAIL PROTECTED]> wrote: > The point is, however, that all the RBoA is really useful for now is > switching to coins. ...until people start depositing more assets in the RBoA, and there's no reason they shouldn't.

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 12:59, comex wrote: No, rather the former. The RBoA still has lots of Coins, so chits have only a slightly depreciated value. The point is, however, that all the RBoA is really useful for now is switching to coins. -- ehird

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread comex
<[EMAIL PROTECTED]> wrote: > On 21 Oct 2008, at 05:35, Ed Murphy wrote: >> tl;dr. Does this boil down to "exchange rates allow me to move assets >> around with the net effect of spending X to gain X+Y, with the RBoA >> correspondingly losing Y"? > It boils down to "ding dong, the RBoA is dead!".

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-21 Thread Elliott Hird
On 21 Oct 2008, at 05:35, Ed Murphy wrote: tl;dr. Does this boil down to "exchange rates allow me to move assets around with the net effect of spending X to gain X+Y, with the RBoA correspondingly losing Y"? It boils down to "ding dong, the RBoA is dead!". -- ehird

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-20 Thread Ed Murphy
ais523 wrote: > [Actions in this message are meant to take place in order. If an action > fails, I intend to continue with the others regardless. Also, I intend > PBA actions to happen even if I have the number of Coins wrong.] > > I withdraw two 0 crops from the PBA. I deposit two 0 crops in the

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-20 Thread Elliott Hird
On 20 Oct 2008, at 19:32, Ian Kelly wrote: Can somebody post the current PBA rates and holdings? -root ais is kindly working them out for me. I recommend that you change all your chits into coins soon, as I believe the RBoA is now effectively worthless. -- ehird

Re: DIS: Re: BUS: Bank run, hopefully working this time

2008-10-20 Thread Alex Smith
On Mon, 2008-10-20 at 12:32 -0600, Ian Kelly wrote: > Can somebody post the current PBA rates and holdings? > I'm trying to work them out right now. I think there are as many as 6 different possibilities for what happened, due to typos in my scam... -- ais523

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-20 Thread Ian Kelly
On Mon, Oct 20, 2008 at 11:53 AM, Alex Smith <[EMAIL PROTECTED]> wrote: > [Actions in this message are meant to take place in order. If an action > fails, I intend to continue with the others regardless. Also, I intend > PBA actions to happen even if I have the number of Coins wrong.] > > I withdra

DIS: Re: BUS: Bank run, hopefully working this time

2008-10-20 Thread Alex Smith
On Mon, 2008-10-20 at 18:53 +0100, Alex Smith wrote: > [Actions in this message are meant to take place in order. If an action > fails, I intend to continue with the others regardless. Also, I intend > PBA actions to happen even if I have the number of Coins wrong.] > > I withdraw two 0 crops from