1010800+ entries in 0.773s
jurov: yes. and i'm
too lazy
to open it.. am not alone it sems
jurov: i'd like
to know what would you say about GamblingMan, if you forgot
that was you
jurov: you can visit coinbr.com
to improve your guess
PsychoticBoy: mircea dont act like glbse lists only scams and death assets
to make mpex look good, its not cool
rg: [14:06] <GamblingMan> So let me ask you
this mircea_popescu: What is
the worst investment I could make on
the GLBSE?
GamblingMan: He was quick
to recommend Satoshi Dice before...
GamblingMan: C'mon. I really would like
to buy
the worst asset in your opinion and
track
the results of it vs. SD
GamblingMan: So let me ask you
this mircea_popescu: What is
the worst investment I could make on
the GLBSE?
OneEyed: Yeah, I ended up with 1 satoshi on
this address
GamblingMan: I'm just a guy with a shit
ton of BTC and was looking
to put some of it
to work.
GamblingMan: I'm not a finance expert if
that is what you're asking.
GamblingMan: I expect
the interest on borrowing would be higher
than
the dividends.
GamblingMan: Why would I want
to pay interest
to own shitty shares?
mircea_popescu: GamblingMan if you were someone, as opposed
to random anon you could prolyl borrow shares and sell
them for your bet.
mircea_popescu: i remember even a decade ago,
the shills were a lot better.
GamblingMan: I have a feeling
that next month will be even shittier. ;)
mircea_popescu: OneEyed actually
they did have a shit month, about half down from statistical expectation
OneEyed: Ok, now let's lose
those .9 for good
OneEyed: So if
the game is flawed, it's biased
towards me right now, I guess
that's why you get low dividends :)
OneEyed: GamblingMan: but I've no doubt I'll loose everything, but right now, my returns are more
than 100% if you remove
the fees (which were high because I chose
to start with .001 + .0005 of fees)
mircea_popescu: there's really little benefit in all
the btcdust
transactions
mircea_popescu: really
tho, if it were up
to me i'd make
the fee larger.
OneEyed: I have more
than
the original 0.15 amount minus
the fees
OneEyed: I played 128 games so far, with 0.0005 in fees every
time
OneEyed: GamblingMan: you're kidding? I started with 0.15, 0.05 being for
the fees!
GamblingMan: OneEyed: Only an 80% loss? You're rocking
that 98% address. lol
mircea_popescu: it boggles me. do you actually
think causing further panic on glbse hurts me somehow ?!
OneEyed: GamblingMan: I won't, you
told me it was a bad deal :)
GamblingMan: You can probably buy a few
thousand shares.
OneEyed: Shit, I managed
to increase
the balance while
trying
to empty it :)
GamblingMan: Sucks
to
take a loss on
this crap, but it is what a deserve for funneling money
to Mpex.
gribble: Best bid: 12.72, Best ask: 12.8, Bid-ask spread: 0.08000, Last
trade: 12.8, 24 hour volume: 34946, 24 hour low: 12.55, 24 hour high: 12.8999
mircea_popescu: GamblingMan your input wasn't really solicited in
the matter.
mircea_popescu: at
this point im
torn whether
to ignore
the idiot or keep him on for amusement purposes.
rdponticelli: I meant MPOE.ETF... Anyway, do you know if smickles allow
to redeem
the shares for S.M?POE
OneEyed: I will not, in order
to spend
the last 0.05 I have
there :)
OneEyed: No, I was already above
the expectation. You can check itself, I've done no other
transaction on
this address
GamblingMan: You should have stuck with
the original
test, but I assume after losing a few dozen
times in a row using
the 98% address, you gave up. ;)
OneEyed: (not enough
to win money
though)
OneEyed: So I lost less
than expected
GamblingMan: Anyone can IPO anything at whatever
they want and
then stop selling cheap shares. I know you're familiar with manipulation.
OneEyed: Ok, here is my result. I had .15 at
this address, I now have .06685859. I placed 80 + 24 bets (104
total), paying .0005 fees every
time I sent and every
time I won. I expected: .15 - .0015*104 + 80*(.001*.97653*1.04 - .0005*.97653) + 24*(.001*.244141*4.003 - .0005*.244141)
mircea_popescu: and i hear it's getting closed out at about 1 or something like
that.
assbot: MPOE.ETF [1@0.1BTC] paid: 0.02470282 BTC. Last price: 0.3 BTC. Capital gain: 0.2 BTC.
Total: 0.22470282 BTC. (224.7%)
GamblingMan: Those
types of claims are what make you full of shit.
assbot: Requesting data from GLBSE (might
take a while, also might return fishy results as it does not account for splits etc).
GamblingMan: mpoe.etf was NEVER
the highest yielding asset.
mircea_popescu: course from what i hear mpoe.etf is closing down, so
too late for
that.
mircea_popescu: well, actually mpoe.etf was for
the longest
time
the highest yielding
GamblingMan: mircea_popescu: you were in here bashing someone for not knowing "GSDPT is
the highest yielding asset on GLBSE"
GamblingMan: now I know
that mircea_popescu is 100% full of shit.
GamblingMan: mircea_popescu claimed it was
the highest yielding asset.
GamblingMan: It would have
to retain 80% of
the dividends
to make
the yield even close
to acceptable for
that valuation.
OneEyed: GamblingMan: you know
that it retains an additional 5% of
the dividends, right?
OneEyed: GamblingMan: are you using
the GLBSE passthrough?
GamblingMan: Hopefully
they do, looks like I
took out
the decent bid walls.
GamblingMan: I guess I might as well cut my losses now and sell a few
thousand more.
GamblingMan: I've sold off a few
thousand shares already
this morning.
GamblingMan: It looks more like
the lowest
to me after seeing
the last dividend.
GamblingMan: mircea_popescu: You claimed in here
that SD was
the highest yielding asset on
the GLBSE.
mircea_popescu: OneEyed anyway,
the system whereby you pay post
to me, i pay post
to you seems pretty fair.
OneEyed: GamblingMan: if he did,
they would not be relayed by standard bitcoind, and people would not see
the result immediately
mircea_popescu: GamblingMan suppose it doesn't want
to send
them w/o a fee.
GamblingMan: Strange
that a site like Satoshi Dice can't figure out how
to send
transactions with no fees...
That is beginner BTC stuff.
OneEyed: GamblingMan: it looks like .0005 are deduced from
the gains
OneEyed: GamblingMan: did you deduce
the fees?
mircea_popescu: what is
this,
transactional psychology for beginners ?
OneEyed: GamblingMan: I wanted you
to send me money
to do
the
test
GamblingMan: I
thought you'd post a nice %. I already know what your results will be...
OneEyed: GamblingMan: I gave you
the address, you can follow it yourself
OneEyed: GamblingMan: none, I stopped in
the middle and changed
the 1dice address in order
to diversify
the bets, but
that should still average
the advertised returns
OneEyed: Yes, I was here, using
the same IP as OgNasty before
mircea_popescu: well
there was some guy bashing by
that name, also off webchat, yest i
think