log☇︎
315400+ entries in 2.206s
mircea_popescu: a few cents is a nice gesture to support the entire network.
mircea_popescu: podizzle if you included no fee a tx can take 2 days.
mircea_popescu: therusytrombone if you bet on the losing side i imagine it'd have been a lot more beneficial to argue this afore betting.
therusytrombone: it's ok it's just good to know a site is a scam and not to use it
jborkl: network hash rate about a month ago was 24th now, 64th - asicminer has only claimed maybe 10 th- the rest has to be (in a logical conclusion) = Avalon
mircea_popescu: well ok, perfectly valid phylosophically but how the fuck will you run a site with it,.
smickles: podizzle: also, if you don't like naked people, be weary of clicking on a link from mircea_popescu
mircea_popescu: therusytrombone if you take a strong nominalist view NOTHING is ever definitively provable
podizzle: is this a bitbet site ?
therusytrombone: and that's a bad bet by the rules
therusytrombone: what a knee-jerk reaction to call that a Yes
therusytrombone: so by what you are saying, it should have been a bad bed
smickles: podizzle: find a broker
mircea_popescu: a reading including batch two is nonsensical as batch two wasn't even slated for delivery till apr 5
mod6: yeah, i guess blockchain.info sometimes loses its wallet connections and takes a bit to reconnect to other nodes.
mircea_popescu: any of you folks running multiple nodes willing to do a node mapping project ?
jborkl: 497, but I know a few wekks ago it was 1900
mircea_popescu: jborkl there'd be no way to knopw as a peer
mircea_popescu: smickles now that's a theory.
kakobrekla: ya but avg folks need a week to sync
mircea_popescu: at the rate nodes have been decreasing (60k two years ago, 30k a year ago, 10k recently, <1k by now)
Bugpowdurr: seems like too round a number
Bugpowdurr: default is tried as a juviy at 18
jborkl: well, taxes not 100% sure- you can be tried as a adult at 17
jborkl: 17 you are a adult in the US, pretty sure
Bugpowdurr: iirc if you are claimed as a dependent, you cannot take your personal exemption, but your income is still taxed as your own income. But there may be multiple ways to skin that cat.
mircea_popescu: a that's a thought.
thestringpuller: that sounds like a good business right there, btc for children
Bugpowdurr: I don't think so, I think he is just trying to make a profit
Bugpowdurr: one is a regular
thestringpuller: Bitcoin might start supporting a legit economy soon at these prices...
microhxo: thestringpuller: Not right now. Im only testing bitcoins. Dont want to put a lot in yet.
mircea_popescu: TomServo they should hire a dozen strippers in the main towns at 100 an hour or whatever
mircea_popescu: microhxo coinbase takes about a month or some shit.
microhxo: How long from start to finish to buy a bitcoin?
mircea_popescu: a ok
deadweasel: or keep hammering coinbase, they have a rolling 24 hr limit which could reset at any moment. You can check them hourly and try to buy... but that is just lame.
mircea_popescu: meet some hawt chick in a restaurant
Bugpowdurr: localbitcoins is great if you are in a major metro area
mircea_popescu: as a retail buyer
mircea_popescu: a yes.
mircea_popescu: it has a number of advantages but takes a little work.
Bugpowdurr: nah I am not a real programmer
mircea_popescu: microhxo USA is a little iffy, might want to give otc a try tho
Bugpowdurr: thestringpuller: I have a MATLAB based mpex bot
thestringpuller: Bugpowdurr: being a bio man, I would think you would program elaborate trading bots...
deadweasel: I'll defer to others on that microhxo.. I haven't bought in a while. Try getting verified on btcquick.com
jborkl: and you have to remember, for every seller of SDICE- there is a buyer on the other side
jborkl: Dice still profited over 100,000k USD, on a bad month
ZedsterX: i was sure it would bounce back a bit at the the of the month but no luck
DeaDTerra: just having a bad month
Bugpowdurr: everytime I have a sad thought like that I imagine being in position 8500 in the gox verification queue, then I get a little happier
Bugpowdurr: how sad a thought
mircea_popescu: Scrat a my bad, brain confused aeon/aethero
mircea_popescu: a ok.
Bugpowdurr: I do feel like a loser
_aeon: conditions, there are a lot of differences between them… It’s a nightmare. That’s one reason why we want Coinlab to do it for us: it’s too much work.”
_aeon: First we need to get everything stabilized with licensing and we are considering creating entities around the world with the correct licensing, which is a lot of work. Sometimes it’s less work, e.g. in Europe where you get a license for one country it’s valid within the EU, but in the US you need to get a license from every single state. It means you need an office in every single state, you need to discuss with every single state
_aeon: https://b1tm3.wordpress.com/2013/04/01/a-visit-to-mt-gox/
Bugpowdurr: yes of course it was a scam
ChaangNoi: was it a scam?
ThickAsThieves: but there is certainly a betting platform idea in there somewhere
ThickAsThieves: in the end i'm just asking for a way to spend more on mpex :)
jurov: that would be a mess
ThickAsThieves: write it for sale at any price, but you must be able to cover a minimum % on top iof it
mircea_popescu: i'd need ~30 or so items in a year
ThickAsThieves: i want a formula that is more representative of trend
mircea_popescu: and that may be a good idea, but won't really be worth discussing for about another year
mircea_popescu: yes, but is it a factor for volatility from one settlement to the next.
ThickAsThieves: add a factor for volatility from one settlement to the next?
mircea_popescu: it's a nice sentiment, but fundamentally unworkable.
mircea_popescu: that's fine, but it seems to me like a case of "you should improve your exchange so everybody makes money on all trades"
ThickAsThieves: just a customer urging for evolution of your features and offers
mircea_popescu: well yes, it does. if i had a better way i'd be doing it.
ThickAsThieves: but they would indeed need more than a factor change
mircea_popescu: but i'm pretty darned certain will save everyone a shitton of sweat, blood and tears in five years.
mircea_popescu: while significant for a trading place, are NOT to be solved by the trading place itself.
mircea_popescu: (well, we had a board meeting, but anyway)
jurov: okay, maybe thare is a big difference, i don't know
jurov: as as a someone who tried to "evangelize" MPEx i think i know why
jurov: i know i'm unfair and disgruntled sometimes... but you seem really to have a problem even to hire PR and evangelist
jborkl: micrea_popescu, can I get a deposit cleared
jurov: i don't see a problem with formula
ThickAsThieves: it's okay, i see your take on it, and wanting to use hard numbers, but all i'm trying to do is get you to open the idea of finding a formula that is more likely to be useful in the current environment
jurov: that's a point. but converting it into a process would be easy if ukto makes apis public.
mircea_popescu: no. i have a process, he is doing otc.
ThickAsThieves: ok, you need a NEW process
mircea_popescu: through a process.
ThickAsThieves: they use a price that is reasonable, for a potential payout that is reasonable
mircea_popescu: ok, well... the other thing i got was "make each idifff a different, user specified contract"
ThickAsThieves: you are interpreting my solution as only a change in min collateral
ThickAsThieves: just feels stubborn to me, you could be offering a feature that people would use much more
mircea_popescu: ie, a case where diff increases > 3x during 3 months. this isn't normal.
mircea_popescu: then the system "would work" in all fringe cases, except nobody will depost 1k btc for a 1btc contract
ZedsterX: 101 like a shot
mircea_popescu: jurov i was giving a didactic example.
mircea_popescu: but otherwise it imposes a capital burden on underwriters. so it is guesswork
mircea_popescu: ThickAsThieves obviously it's a trade-off. 2.9 might not be optimal in some fringe cases
mircea_popescu: jurov yeah but mpex is not a datasource.
ThickAsThieves: okay but right now no one can offer a reasonable IDIFF for June right?