313400+ entries in 2.128s
ThickAsThieves: Signs that you know you made
a bad btc deal,1. You start rationalizing in fiat
bowjob: "Do not send BTC after betting has closed. Any BTC sent to addresses allocated to
a bet after betting has closed will be kept by BitBet and distributed to shareholders as dividends. "
bgupta: (SOrry took
a while to find
a non paywall version of article)
bowjob: maybe add
a rule that if they try to game the system after an event occurs, the btc shall be kept and distributed to shareholders
unbalanced_: To understand the many ways you can lose money with Bitcoin... I could write
a book
Insaneatyou: Bugpowder sounds like
a quick way to lose my ass
unbalanced_: I read forums for 2 years before piping up here and (as people here can verify) I'm still pretty much
a bitcoin idiot.
Bugpowder: your best chance of getting coins is to buy
a put, and pray bitcoins crash to $5.
Insaneatyou: MJR_ in
a regulated market in fiat I thought writing bots to trade for you was illegal
Bugpowder: although bitcoin is
a great place to lear
Bugpowder: ok, well you have got
a shitload of reading to do about economics and markets
bowjob: this is from
a gaming forum
bowjob: someone posted
a topic that they;ll invest 100k in btc
Insaneatyou: To be honest, i dont have any examples. If you have
a problem, hit me with it. I'll give it
a shot
mircea_popescu: "Finding
a date and/or
a job while completely convinced you are
a worthless piece of garbage... how do you do it?"
Insaneatyou: I did much math before, but haven't used it in
a while, i also used to code some
Insaneatyou: I hate people but make
a fair to middling salesman
bowjob: nah. i had this classmate knock
a girl up when he was in hs. he's not so free these days
bgupta: taub: wondering if that ratio thing is
a red herring.. and just
a natural result of what happens when price goes up.. IE: people don't set out to sell
a fixed number of coins, but rather they are selling to raise
a certain amount of fiat to pay for bills/toys.. and in btc terms those keep getting cheaper as btc rallies.
MJR_: that was
a hilarious thread
MJR_: i mean like
a solid base for other people to build an economy around
mircea_popescu: bowjob there were two bets, one had
a zeroconf in it and was picked.
MJR_: which may seem like
a lot of cash, but it isn't really in the grand scheme of where they are now
MJR_: and right now everyone is waiting for everyone else to start the business that they can have as
a customer, but they won't start it till they have the services they need
mircea_popescu: MJR_ i kept trying to push people towards dfoing
a blog, which is
a subset of what you say but easier to do (for
a geek)
MJR_: I think if someone just read the top stories from reddit, and had
a simple feed from this channel on
a youtube program, while showing bitcoinity, bitcoincharts, clarkmoody, they could get ad revenue
MJR_: so eventually data services will be
a part of that, but for now its trying to get the most bang for the buck
MJR_: (you will redistribute it once you have
a certain critical mass anyway)
MJR_: my plan is not to try and woo current customers but rather find
a large pool of new customers, expanding the pie rather than redistributing it
bgupta: right my point is in this case, I sense that that
a solid site could be built, and it would be useful, and get
a lot of traffic, but there doesn't seem to be
a market yet of folks iwlling to pay for
a paywall service.. and ads can only bring in so much.
MJR_: i think that if you want to talk about eyeballs on
a screen, bitcoinity has that...someone should create the CNBC of bitcoin, and basically just do
a youtube channel talking about bitcoin related affairs with great market data in the ticker and sidebar.
mircea_popescu: granted,
a geek might not be mentally capable to turn something useful into something productive.
bgupta: IE: seems
a small amount of ad revenue at best.
bgupta: what's the revenue in running
a pricing service?
mircea_popescu: the community has to get ity's collective useless ass in
a bunch and make
a working service.
unbalanced_: I remember reading something about stale info
a week or two ago and am just trying to grok it now
unbalanced_: Do the the bots wait X minutes on an outage or do they go straight to n/
a unbalanced_: And when the bots have been blind for X minutes because of
a b...charts api crapout, they go to n/
a bgupta: bitcoincharts is
a bit flaky atm
bowjob: i guess ill be spoiled with 4 btc
a day
gribble: MtGox lag is 3.389127 seconds. During this time, light travels 0.00679177256144 AU. You could have sent
a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
taub: there's
a ton of buying pressure
rikur: just my feed back as
a paying customer :)
mircea_popescu: how do you know you're not being social engineered in
a case like that ?
jurov: and wasn't able to produce
a btc addy even with hint
jurov: oh i already am.. there's
a guy who forgot both his coinbr username, password and email
mircea_popescu: irt's not that "i don;'t fix it". it's that what you're proposing is not
a fix, and what i have is.
joeykrim: can you link to last month's report? sounds like
a good read
bowjob: there should be
a rule on bitbet if people try to game the system by putting btc after the event stops
bgupta: so we gonna get
a rash of articles talking about 200 and 2 billion
MJR_: not
a lot holding back from 235 right now...this is getting crazy
rikur: jurov: they would get their own money back and
a tiny profit on top of that
MJR_: geez, not even
a little time to pause and reflect on how far we've come...nope, on to 300 NAO
MJR_: at what point do they cease seeing
a bubble and start seeing
a new price level?
bgupta: umm
a bitcoin trading company that just holds bitcoins that you could just as easily hold yourself?
kakobrekla: holding BTCs to avoid bad sell from our shareholders. This strategy now proved to be correct and to prize our algorithm. We proud of
a very good work.
orkaa: ThickAsThieves: just create an onetime script that sells everything with
a market order and transfers it to her bank account
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent
a bitcoin ... nowhere, really (0 AU).
unbalanced_: ThickAsThieves re: VTX I imagine it's because it stopped going up and some of the people who bought 10K worth noticed there were only
a few dozen shares worth of bids over 0.20 BTC
gribble: smickles was last seen in #bitcoin-assets 4 days, 6 hours, 26 minutes, and 48 seconds ago: <smickles>
a bitcoin atm could be the easiest way to send money to
a friend, each of you just goes to an atm
gribble: MtGox lag is 93.631956 seconds. During this time, light travels 0.187637391468 AU. You could have sent
a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
gribble: Error: "volume" is not
a valid command.
unbalanced_: jborkl_, agree with you re: BTC equities having
a bad run: VTX just traded on Havelock for 0.24, down huge from 0.799 peak
bgupta: AM really is stuck in
a trading range.
jurov: define crash... some fellows here call even correction to 170
a "crash"
jurov: but no, you're
a friend :)
gribble: MtGox lag is 0.361659 seconds. During this time, light travels 0.000724760586664 AU. You could have sent
a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
gribble: MtGox lag is 3.534177 seconds. During this time, light travels 0.00708245113738 AU. You could have sent
a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
deadweasel: add
a '/' to any admin url to see source code, lol!
benkay: dudes i saw
a thing about using javascript to reprogram routers yesterday
iz: yes, and
a large fraction of the world is even more people
benkay:
a small fraction of the world is
a lot of people
iz: play
a game where you walk through
a minefield? how is that fun?
btcccc: while you waiting for BTC to jump hugely again you can play
a new game that you can win up to 17X your bet by trying to walk through
a minefield. also freeplay option so you dont have to bet!
http://www.satoshi-karoshi.com/?r=10670 benkay:
a few executions to set the tone