log☇︎
12300+ entries in 0.885s
mike_c: ok. lemme ask this then. if you thought you could get a 20% return on coinbr in a year, would you invest 10 btc?
TheNewDeal: the return is sitting at ~9% over a 5 month period
assbot: BitBet - 1BTC >= $10,000 USD :: 75 B (15%) on Yes, 415.18 B (85%) on No | closing in 5 months 22 hours | weight: 42`696 (100`000 to 1)
TheNewDeal: to me, a healthy return over one year (in BTC) would be 10%
assbot: BitBet - Cardano to Ship in 2014 :: 1.08 B (96%) on Yes, 0.05 B (4%) on No | closing in 6 months 1 week| weight: 85`913 (100`000 to 1)
ThickAsThieves: i saw a swallow-tailed kite recently, didnt even know birds that looked like it existed http://3.bp.blogspot.com/-OLOeI6hddls/T1YL5sfdhbI/AAAAAAAAHKU/Bt_jCJmbbzM/s1600/swallow-tailed+kit%C2%A9LillianStokes.jpg
punkman: http://trilema.com/2014/how-to-have-fun-as-an-intelligent-person/ "Because the outcome is binary, if you bet randomly over a long enough horizon of bets you should break even (well, minus Bitbet’s 1% house edge)."
fluffypony: https://ip.bitcointalk.org/?u=http%3A%2F%2Fs14.postimg.org%2Fg6lok055d%2Fm_p_1.gif&t=541&c=bWIntMOTcEjaiQ
fluffypony: https://ip.bitcointalk.org/?u=http%3A%2F%2Fs15.postimg.org%2Fj6sihh89n%2Fmpoe1.gif&t=541&c=M38OPHGrb4N4Mg
mircea_popescu: by the way, re the intel thing and atari : in 1983, game consoles sold like 3bn dollars' worth (in 1983 dollars, like ten trillion today). by 1985, it was 100 mn (9x% drop)
davout: kakobrekla: "yes but 99.99% of the time its used by machines, so lets optimize for that." <<< if you follow this logic, all APIs would be better off using some binary protocol instead of JSON :D
kakobrekla: yes but 99.99% of the time its used by machines, so lets optimize for that.
BingoBoingo: %book
atcbot: [ATC Diff] Current Diff: 715369.85 Est. Next Diff: 429352.57 in 441 blocks (#36288) Est. % Change: -39.98
mod6: %d
BingoBoingo: %ticker
atcbot: [ATC Diff] Current Diff: 715369.85 Est. Next Diff: 432963.19 in 457 blocks (#36288) Est. % Change: -39.48
Vexual: %diff
BingoBoingo: %book
assbot: Current MPIF account balance on Just-Dice: 171.88204254 BTC; +0.03342066 BTC (+0.0194%) since last check 7h 40m 44s ago.
BingoBoingo: %book
BingoBoingo: %ticker
atcbot: [ATC Diff] Current Diff: 715369.85 Est. Next Diff: 434630.21 in 476 blocks (#36288) Est. % Change: -39.24
BingoBoingo: %diff
BingoBoingo: %book
BingoBoingo: %book
assbot: Current MPIF account balance on Just-Dice: 171.84862188 BTC; +0.45077444 BTC (+0.2630%) since last check 2h 17m 56s ago.
mircea_popescu: alternatively, bitpay gets sold for $50k to facebook, which moves up 25% that month
assbot: Current MPIF account balance on Just-Dice: 171.39784744 BTC; +0.37267627 BTC (+0.2179%) since last check 1d 9h 3m 49s ago.
BingoBoingo: %ticker
BingoBoingo: %book
BingoBoingo: %book
mircea_popescu: people were derping about how romania will be 90% gypsy by 20something in 1990.
BingoBoingo: %book
asciilifeform: mr. spam can live in a roach-infested hovel and actually keep 90% of his bread crumbs
asciilifeform: decimation: crucial details missing. e.g. turnaround, yield (% working), whether they package the dies
TheNewDeal: neglecting the 1% fee...
BingoBoingo: %ticker
BingoBoingo: %book
BingoBoingo: 2.5 ish is stil close to 10% of their last fundraising round
dignork: punkman: this proposition does not solve anything really. gigahash will run his private servers to solve the second puzzle, happily keeping 99% of hashing power.
assbot: BitBet - Silk Road Coin Auction Extravaganza :: 1.39 B (58%) on Yes, 0.99 B (42%) on No | closing in 1 week 1 day| weight: 92`453 (100`000 to 1)
mircea_popescu: 86% pa.
punkman: another tidbit: 52.3 % of bets picked the winning side, with total gain of 2644 BTC
mike_c: it's like this, you just add a bunch of A records: http://mxtoolbox.com/SuperTool.aspx?action=a%3abitseed.xf2.org&run=toolpage
BingoBoingo: %tslb
atcbot: [ATC Diff] Current Diff: 715369.85 Est. Next Diff: 430092.04 in 660 blocks (#36288) Est. % Change: -39.88
BingoBoingo: %diff
assbot: Current MPIF account balance on Just-Dice: 171.02517117 BTC; +0.16054045 BTC (+0.0940%) since last check 11h 38m 47s ago.
BingoBoingo: %ticker
BingoBoingo: %book
assbot: BitBet - FIFA World Cup 2014: goal in under 10 mins :: 0.19 B (57%) on Yes, 0.14 B (43%) on No | closed 13 hours 27 minutes ago
pankkake: https://en.wikipedia.org/wiki/Snoop_Dogg%27s_Doggystyle
mircea_popescu: - Bill wanted 25% of all the upside on the full $25 million in shares for the next ten years.
mircea_popescu: - 15% interest, paid quarterly
BingoBoingo: %book
BingoBoingo: ^ mod6 negative %tslb???
BingoBoingo: %tslb
BingoBoingo: %t
BingoBoingo: %book
BingoBoingo: %t
atcbot: [ATC Diff] Current Diff: 715369.85 Est. Next Diff: 430638.11 in 667 blocks (#36288) Est. % Change: -39.80
mircea_popescu: %diff
mircea_popescu: %t
atcbot: %t | %ticker | %book | %diff | %tx <tx_id> | %bal <address> | %mined | %block <block_height> | %lb | %tslb | %cm | %ptp | %help | %h
mircea_popescu: %help
BingoBoingo: %book
mircea_popescu: they used to be 10% earlier this year. then again they used to be 100% a coupla years ago
mircea_popescu: on top of that there's some... maybe 1-2% by now, amateurs that get to jerkoff to the thought that they're "just as much a part of bitcoin AS ANYONE"
Apocalyptic: mircea_popescu, in the meantime i read that they are planning to get 50% back to frankfurt in a matter of seven years or so
assbot: BitBet - Bitcoin difficulty to fall in 2014 :: 1.3 B (62%) on Yes, 0.81 B (38%) on No | closing in 6 months 1 day| weight: 91`228 (100`000 to 1)
TheNewDeal: so does that 51% have to occur over a week time period?
[]bot: Bet created: "A pool will have at least 51% of the Bitcoin network" http://bitbet.us/bet/950/
assbot: Current MPIF account balance on Just-Dice: 170.86463072 BTC; -0.23519938 BTC (-0.1375%) since last check 1d 2h 59m 48s ago.
mike_c: i spend too much time trying to figure out which 50% of advertising works.
BingoBoingo: %book
BingoBoingo: %ticker
BingoBoingo: %book
adrrr: For example on this bet : 0.29 B (67%) on Yes, 0.14 B (33%) on No
assbot: BitBet - FIFA World Cup 2014: goal in under 10 mins :: 0.29 B (67%) on Yes, 0.14 B (33%) on No | closing in 3 weeks 6 hours | weight: 78`570 (100`000 to 1)
assbot: BitBet - FIFA World Cup 2014: goal in under 10 mins :: 0.29 B (67%) on Yes, 0.14 B (33%) on No | closing in 3 weeks 7 hours | weight: 78`609 (100`000 to 1)
mircea_popescu: yeah, it's been through the years the most popular scam. "deposit lump sum, we'll pay you a few %s of it a few times. annuity ftw!"
mircea_popescu: early bank paper (banknotes) stoood to gold in a very similar relation. "deposit your gold, we'll pay 5976597985%. in gold. or maybe paper"
mircea_popescu: it's cheaper to pay a few % and pretend like you've paid than to not pay at all.
mircea_popescu: all the "everyone made ROI hand over fist with a 60% btc loss" crowd will be well served.
mircea_popescu: (stuff like "deposit your bitcoin with for 50% per annum!!1" small print "repayable in either bitcoin or fiat at our option")
los_pantalones: this video says "99% electicity saved - Extremely efficient cooling"
mircea_popescu: "also bitcoin was under 5 in spite of us secretly doing 140% of network hash on our 6k bfl miners self-delivered early by about 17 months"
BingoBoingo: %book
mircea_popescu: o yeah, and of the ~50bn spent on reconstruction (1% of total, or 10x the benefits) pretty much nothing of any use was built.
mircea_popescu: that's 0.1% of the total cost, roughly speaking.
asciilifeform: BingoBoingo: what problem. the 'patient' is 100% microzoa by weight at this point.
Apocalyptic: <mircea_popescu> a uni program that doesn't shed 50% is dubious on its face << pretty much
mircea_popescu: a uni program that doesn't shed 50% is dubious on its face
asciilifeform: while in public unis, at least in hard sciences, 40-50% flunk
BingoBoingo: <mircea_popescu> Mats_cd03:95% of my time has been consumed by reading ncurses docs. drives me mad <<< ahaha heard this before << at least ncurses has docs... unlike gnome
mircea_popescu: Mats_cd03:95% of my time has been consumed by reading ncurses docs. drives me mad <<< ahaha heard this before
Mats_cd03: 95% of my time has been consumed by reading ncurses docs. drives me mad
BingoBoingo: For a while ~50% of the hashrate was out of the game.
mircea_popescu: because now they are actually going against sanity, much like the "havelock users" that somehow "bought" the re-ipo, briefly at 200% averages