suing based on a patent using a type of "farm system" to evaluate potential traders to fund? I'm sorry, but that's petty as hell.... I hope TST comes to their senses and decides to beat them through superior performance, not being litigious. I like TST and hope they do the right thing for the trading community. We need more competition, not a monopoly.
Question for TST Traders
- Thread starter xoxo555
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suing based on a patent using a type of "farm system" to evaluate potential traders to fund? I'm sorry, but that's petty as hell.... I hope TST comes to their senses and decides to beat them through superior performance, not being litigious. I like TST and hope they do the right thing for the trading community. We need more competition, not a monopoly.
That's our ip system bro. If they really do have IP over the concept, their rights to them should be protected to the fullest extent of the law. Otherwise, what's the point of patents? Should we just let the Chinese copy all of our shit?
I was referring to the breach of copyright on the website, not to the service offered.
Do you actually know what the case is about?
There are large numbers of firms, without any of TST's record or credentials, stealing entire pages of their website and reproducing them wholesale for their own marketing purposes, and it's high time TST showed that they're willing to take some action over it. (It won't come to court, anyway, of course.)
no it's not our IP system... that's like patenting the way some people breathe air. this is beyond ridiculous. using the internet for a farm system is not patent-able. oh wait i know.. i am going to patent people buying goods over the internet vs brick and mortar. good luck with that suit.
no... i assumed the people you were conversing with knew what they were talking about and that you hadn't corrected them led to my assumption re: the suit pertaining to the process.
There is also the jurisdiction case. What if the owner of OneUp is non-American/non-EU and the servers are in Russia and they don't accept US clients? Could they be sued? I guess not because I have a nice Chinese entertainment system called Fony...Not kidding, there is such a thing.
How about this?:
How about this?:
anyone can sue... but people have a "right to work" (i.e. make money).. have fun trying to enforce non-competes for employees. TST may have copyrights on some terms but i'm thinking the NFL may own "combine." as far as the process? nothing new here folks except using the internet to reach a wide audience. using performance models to fund traders? been around a long time. good luck suing for that.
But what if they're using a ".com" domain-name over which there's US jurisdiction? Then might they lose their website, if they don't comply "voluntarily" with a DMCA take-down notice? (I don't know the answer - I'm "just asking".)
The idiot Russian brokerage owner of Bitstamp was arrested a few days ago in Greece (Russia/Greece =/= USA) because his servers were US based, although they didn't accept US clients...
I think the lawsuit is frivolous, even if OneUp is an obvious copy of TST. The judge might order them to change some of their rules a bit so as not to be that obvious, but they won't be shut down.
In a way similar to board games. There are so many of them that obviously there will be similarities between some of them, yet nobody is suing each other because it can not be enforced...
I think the lawsuit is frivolous, even if OneUp is an obvious copy of TST. The judge might order them to change some of their rules a bit so as not to be that obvious, but they won't be shut down.
In a way similar to board games. There are so many of them that obviously there will be similarities between some of them, yet nobody is suing each other because it can not be enforced...