log☇︎
294000+ entries in 1.858s
jurov: but that 0.022 a dude offered... couldn't resist
dub: thats doubled in a week?
kakobrekla: 3000 tx fees is a huge loss for zhoutong
mircea_popescu: just like you don't want to live in a place where you have to eat shit.
mircea_popescu: because you don't want to live in a place you can't make a bitcoin gambling site anyway
mircea_popescu: benkay just find a place that's reasonable to live in, has hot chicks and isn't an ally of the nazis.
fractal: for fucks sake.... I just spend 30 mins making a post about this bet and it timed out when i clicked submit now i have to type again . for fucks sake.
mircea_popescu: i don't give a shit lol
fractal: I'm glad there was at least a note on the bet that addressed the uncertaintly of it.... and even though fraud is a strong word -- you have thick skin, -- i think you've called every other exchange a scam/fraud at least a few times ;)
mircea_popescu: then the admin is stuck with a pain in the butt.
fractal: I'm glad you could at least see both ends yourself --- but why can't they be annulled due to poor language? what if the admin accidently allows a bad bet, and only realizes its a bad bet afterwards?
mircea_popescu: is that a first time under 25 ?
pankkake: http://bitbet.us/bet/524/litecoin-to-rise-above-04-btc-before-2014/ does that mean it has to reach it *once*? wouldn't that be easily gamed a day of low volume?
fractal: Diablo-D3: For sure its a bad bet. I'm an idiot for betting on it i suppose.
Diablo-D3: bitbet should have never accepted it as a bet to begin with
fractal: 14:11, and its only because Anduck wrote the bet and put up 10. he apaprently has inside knowledge from punin on when shipping was occuring -- not that theres a problem with that,, but there were more individual no bettors then yet
mircea_popescu: unrelatedly, i wonder how the legal system would work irl if every time someone got convicted or anything + every time someone lost a civil case they got space in the newspaper to expound on how the legal system is a fraud.
Diablo-D3: fractal: it was a partial yes?
Diablo-D3: fractal: mp is a known troll, just ignore him
fractal: what ar eyou talking about? did you think the bet was a yes? seriously????
mircea_popescu: well what's in a saying.
mircea_popescu: a
thestrin1puller: I imagine now this is how a parent feels when their child won't stop sticking forks in the electrical outlets.
mircea_popescu: fail that, you'll get to learn the hard way why coding a site is not worth the electric power it took, on its own.
mircea_popescu: dude, i would like to see your site. sooner or later you're going to have someone lose some btc on a bet, and they'll be pissed off, and you'll be wiser for the experience.
fractal: fun? whats fun about passing a bet that didn't meet all conditions?
fractal: fraudlent actually... this will certainly affect Bitbet's image, as I'm writing a long and drawn out forum post right now
fractal: exactly.... It's absolutely unbelieveable that the bet was passed as a yes.
fractal: Diablo-D3: not without a hardware mod that voids warranty
fractal: This is what was advertised as a 400Gh 'UNIT' -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"
mircea_popescu: so when's this new site coming online ? i think i'd bet a little on yes myself.
Graet: i'd use fractal 's site to make a bet bitbet are scammers :D
fractal: well, bitbet is clearly a fraudulent site -- logic and reason shows that the bet was a no. I dont know what else to say.
mircea_popescu: traditionally it's presented as a dichotomy, business / personal.
fractal: yes. Its clear that ALL conditions of a bet must be met -- they weren't....
fractal: I'm going to use it to motivate me though -- I'll be coding a competing site starting next week to put them out of business. 0% fees.
fractal: the bet is a no
fractal: Seems like they admit all conditions were not met -- "all technicalities aside the bet was substantially delivered upon." technicalities are exactly why the bet is a no
mircea_popescu: a ok
mircea_popescu: look all, someone's charging more than me. 50 btc to be a cool dude there.
random_cat: i just generated a new address, but i want to immediately short on btce anyway
jurov: random_cat: oh and i meant it a bit ironically
VanCleef: coinjar is a scam? no waaaaay
ozbot: PUBLIC SERVICE ANNOUNCMENT: Coinjar is a SCAM. Deletes your accounts
Duffer1: It seems like it hasn't even been a week since they announced they'd be using iafcu
jurov: a poor soul decided to short and is selling for this price
VanCleef: such a bad pump
qqq111: I'm surprised there isn't a 'US will strike syria by X date' bet
mircea_popescu: qqq111 you're a pr expert then ?
qqq111: looking at it from a PR viewpoint for bitbet, it would probably be best to nullify... avoid the inevitable forum shitstorm. (unless thats what the owners want ;)
LorenzoMoney: a joke
zoinky: so is the easiest way to get a feed to have a ircbot watching assbot?
pankkake: it doesn't have a web socket, at least not a public one. even the "realtime" thing is just a page refreshed every other second
zoinky: does BTCT have a websocket?
fractal: I hope they dont decide without a long discussion
fractal: I think this is a serious discussion to have If i were bitbet.... its clear they shipped on time and are a great company .... but the language of the bet here -- specifically what a 'UNIT' is defined as-- is very important.
fractal: saulimus is right.... I'll unilaterally stop discussion for a while. so I can regain my sanity.
tyrion70: cuz if you had to pay more it would have been a no..
fractal: the definition of a UNIT here is very important.
fractal: Anduck: The bet says performance for a 400Gh UNIT.
tyrion70: they changed the definition of a unit halfway the bet..
fractal: Anduck: then the bet would be a yes. it would over-perform.
fractal: For a UNIT to have performance, there has to be a UNIT that someone can speak of .... the UNIT is question is " "1 Master board. 16 hashing boards. 1 Raspberry Pi Model B"
fractal: a UNIT has to have performance. and the definition of the UNIT is what bfsb.com says -as advertised - "1 Master board. 16 hashing boards. 1 Raspberry Pi Model B"
tyrion70: ok but it means that bitfury can influence the outcome of the bet with a technicality..
tyrion70: I'd expect a unit to have a performance..
fractal: Anduck: thats right.... nobody is disagreeing with that. We're talking about the bet language which defines a UNIT as as advertised - "1 Master board. 16 hashing boards. 1 Raspberry Pi Model B" -- this is 365Gh
fractal: Anduck: the 400Gh unit doesn't produce 400Gh... it produces 365Gh..... the extra hardware is shipped to make up for performance misses..... its VERY GOOD PR and means bitfury is a great company, but it also means not all condiitons of the bet were met.
tyrion70: would it be a no?
tyrion70: gave you a 1-m and 16h board with 200$?
Anduck: you can't talk about 1 unit to be that since there was a different unit/kit available too
Anduck: if you get an option to buy something more, it's a different order
tyrion70: why would the bet be a no if you had to pay 30$ more?
fractal: So what is that its not fair to NO betters who based their bets on the definition of a UNIT as advertsied at the time of writing the bet.
tyrion70: you just said, if you had to pay more it was a no right?
fractal: Anduck: But the definition of a unit , as advertised by bsfb.com, was "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips " -- and it is not 400Gh
tyrion70: that's a different viewpoint..
tyrion70: and fractal payed for a 256 chip 400ghash unit and gets 400 ghash with 300 chips...
tyrion70: what I mean to say is that you look at it from a dollar perspective..
fractal: Anduck: But they didn't get a 400Gh unit. they got a 365Gh unit.
tyrion70: its relevant because you don't recognize it as being a variable..
fractal: In my view as well, getting more hardware is the same as if the manufacturer missed performance, let them keep the 365Gh UNIT, and offered a $ refund.
tyrion70: well why would it be a no if they asked for 100$?
Anduck: if i had to pay more, it would definately be a no
tyrion70: so you added a variable to the bet..
tyrion70: would you still think its a yes anduck?
fractal: Anduck: don't you think if NO bettors bet based on one definition of UNIT, and then the definition of a UNIT changed, then it's disingenuous to people who bet no?
tyrion70: it's a silent dollar but its there..
fractal: OK, and a 400Gh unit, according to the Genesisbloack, and MXRider is defined at 1 M-board and 16 H-cards
fractal: Anduck: If they never shipped a 'UNIT' then I guess the bet is invalid, since they only shipped 'KITS'?
fractal: Anduck: any rational person would assume the 400Gh unit to be a KIT as defined on the BFSB.com website.
tyrion70: yes so one could argue that a unit == kit ==256 chips..
tyrion70: and by changing the definition of a kit they changed the perspective..
tyrion70: that depends on how you see a unit anduck...
FabianB_: mircea_popescu: it's more of a loop of same input again and again
fractal: even genesisblock calls it a UNIT.. 16 h-bards on 1 m-board
tyrion70: and "a unit" changed during the course of the bet correct anduck?
tyrion70: the bet was talking about "a unit"...
mircea_popescu: i wonder if this discussion has hashed worth a block by now.
Anduck: the kit is same thing is a unit - as we talked earlier