291000+ entries in 2.002s
the20year3: With decent resources (nation state) you could wipe out the entire US drone fleet in the course of 4-5 hours at
a cost of $250m or less
the20year3: Military? Possibly, but the problem with drones is that if there's
a GPS or general satellite failure the entire fleet is screwed
benkay_: huge thing carrying
a human
Vexual:
a prop plane is fast enough
benkay_: i don't want
a jet so much as to fly one briefly
Vexual: ive hard
a low altitue superhornet on the edge of sound
Vexual: could you build
a plane?
mircea_popescu: still,
a 20% locked in interest over 100 btc for
a year is
a great deal.
mircea_popescu: people just need to get used to the fact that this game has
a longer timeline than
a few months.
bgupta: Another example would be structuring
a sports bet that closes for betting at the beginning of
a season, but resolves at the end of
a season. I think enabling these kinds of bets would bring in more betters, at the cost of holding onto their btc for
a long time, and dealing with
a potentially large book of unresolved bets.
bgupta: mircea_popescu: This is an extreme example, and not the bet I want to propose but one example of such
a bet would be: "btc/usd will trade above 1000 USD on XYZ exchange before the end of 2014" and have that bet close for betting Jan 1st 2014. Currently betting yes on that might be considered
a bit of
a lon g shot. But if btc came close to trading near 1000 USD any time before Dec 24th 2014, folks would pile o
Vexual:
a golden retriever that REALLY wants the ball
mircea_popescu: to be fair, i got some mail on the topic too.
a few people wanting to know if i hitch seat rates again.
mircea_popescu: i tend to agree. people especially sheltered/bored english speakers managed to miss out on
a lot of otherwise illuminating and instructive experience./
benkay_: it's
a realistic view of the world rooted in lots of study and experiencing the transition from communism with an intact brain
ThickAsThieves: surely there's
a perfect school of philosphy that applies as well
ThickAsThieves: was trying to find
a term for you in
a conversation today
mircea_popescu: well, maybe the us tradition is to destroy the free market by repackaging it as entertainment or
a service. but bitcoin is against that.
Vexual: I want some of that
A B C action
mircea_popescu: why would the free market want to have
a central planner ?
mircea_popescu: kakobrekla do you suppose that dropdown could be replaced with
a type-in field prepopulated with
a default ?
Doctor_Andonuts: Dang, the Activemining transfer time limit ends in
a week and I can't get on my account because of google auth problems
mircea_popescu: more problems than that. suppose
A wants to bet B that he has sex with C.
bgupta: I'll add
a +1 on the bet escrow idea, but I really want the feature to have bets close to new bets further out than 7 days before the resolution date. (Consider it
a feature request, that I would use if implemented.)
ThickAsThieves: just have
a wallet that waits for two predefined deposits, if one isnt filled, it gets refunded
mircea_popescu: it's
a little more complex upon consideration than it seems, but i think something might come of it.
Doctor_Andonuts: Anyone know the best way to reach burnside? I have
a google auth reset on my account (says it takes 30 days) so I cant move any of my shares around =(
bgupta: Yeah you'd have the issue of
a bunch of unresolved bets, but I think that could be dealt with on the UX side. (Custom weighting could help, but it doesn't solve the issue, it just means late bettors would have to bet even more, which could work I guess, but makes the math required, more conplex for users.)
ThickAsThieves: two guys talk shit, wanna make
a bet? yeah let's make one on bitbet!
mircea_popescu: bgupta let's be abstract here. the risk over time functional is probably not
a polynomial, but something more c omplex, perhaps even discrete. the weight is linear. obviously these won't match
bgupta: I'd say the compromise would be
a minimum betting window.
bgupta: mircea_popescu: well for example, any bet that resolves end of this year, betting ca n currently only close on xmas day. (or if the net resolves early.) e.g. XYZ will happen in 2013. If the probability of outcome changes drastically between the start of betting and the closing of betting, those that bet early on the low probility event kinda get screwed by people piling on one it looks more like
a sure thing,
mircea_popescu: right now you could make
a bet that resolves on the 29th
ThickAsThieves: bgupta asked about ending bets more than
a week before resolution
mircea_popescu: you just put some btc on
a side along with your bet,t hwere's an address there
bgupta: weighting algo). e.g. - the predicted difficulty level by
a certain date bets. BTW - good change in bbet FAQ today.
mircea_popescu: of inadvertence, negligence, or mistake.” (Guidant/BSC Reply 5.) As
a factual matter, this claim is questionable. It could just as well be said that heavily counseled parties to mega-mergers do not sign merger agreements containing glaringly ambiguous terms that lead to avoidable litigation—but here we are.
mircea_popescu: Agreement § 7.02; emphasis added). J&J argues that defendants’ conduct was “wilful.” Whether
a factfinder could so find depends on the meaning of that term as it is used in the Agreement. While defendants argue that
a breach is only willful if it is committed with malice or in bad faith, plaintiff [J&J] contends that “wilful” merely means “intentional.”
mircea_popescu: The Agreement provides that in the event of termination, no party shall be liable beyond the specific liabilities imposed in the Agreement (i.e., the termination fee), except “that no such termination shall relieve any party … from any liability or damages resulting from the wilful and material breach … by
a party of any of its representations, warranties, covenants or agreements set forth in this Agreement.” (
jborkl: last time i looked
a few days ago they were up 6300btc - now they are down 5000
bitcoin42: what? so there were funds of funds where each fund invested in another fund??? what
a fucking joke
ThickAsThieves: i dont think buying into
a fund is bad in and of itself
bitcoin42: the stupidity is mind boggling....
a fool and his money are quickly departed
bitcoin42: not sure how people investing in Bitcoin assets are so stupid... someone actaully invested in
a fund that trades assets on btctc? unbelieveable.
Scrat:
a decisive win for team jesus
ThickAsThieves: i love that surname, except she pronounces it the
a way i don't love
ThickAsThieves: [17:47] <FireLighter92314> apparently he has
a backup exchange already set up
jcpham: maybe when my btct.co account is closed ken will make me
a new account
jcpham: the forceful glbse closuse forcefuly created
a new account on new asset exchange
jcpham: the only reason i had
a btct.co account was because of glbse
bitcoin42: tho, if i were you, i'd feel
a little poor having only 2.5 btc.
pankkake: bitcoin42: why would I photoshop the fact that I'm
a poorfag?
pankkake: integrity42 is such
a bad troll. you have to do much better to make me rage
bitcoin42: pankkake: i saw you lost
a bunch of money on your just-dice investment.... its karma.
phungus: we were trading for 200% more
a few weeks ago
phungus: well, some folks are getting
a serious deal on BITVPS today
jcpham: then it was
a bitcoin business secondary
pankkake: well, sealand has
a datacenter
jcpham: but at least havelock was
a real business first, right
jcpham: damn these teenagers and their mickey mouse wall street websites in the US of
A pankkake: didn't the share price crash
a few days before?
saulimus: you may laugh, but I bet there is some rich guy just _waiting_ to hear from
a guy like me so he can donate!
saulimus: yeah, I could use
a couple of btc due to my losses in basic-mining
nakowa: i had
a good run on just-dice today.... up 15,000BTC total
mircea_popescu: the guy that invented the "buy lotto tickets with pmb "dividends"" idea has something to say on
a topic ?!