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mircea_popescu: i don't do it personally, and the mods just get to have fun. i hold no particular audit of their success. i guess some try to beat the game or w/e, i personally don't care, and that's where the incentive structure starts.
mircea_popescu: there's no corectness involved, bitbet doesn't make any effort whatsoever to split the seed correctly.
mircea_popescu: punkman, why do you think it's harder to seed "correctly" ?
mircea_popescu: asciilifeform: for skeptics: usa is the country where they burned trainloads of grain during 'great depression' - to keep prices high << actiually the entire "steal thje gold" 1930 thing was specifically and declaredly destined to "increase grai nprices"
mircea_popescu: but anyway : in principle multibets should be reducible to multiples of single pair bets.
mircea_popescu: n owinner is unlikely. i mean, is a bet that nets you 10kx your bet unlikely at 9900:1 odds ?
mircea_popescu: but that aside, a parimutuel situatiuon where nobody bets on a possible outcome is not economically probable.
mircea_popescu: calculating the odds becomes more complicated. also, "nobody" bets on a winner is impossible, bitbet seeds all bets.
mircea_popescu: <mike_c> maybe they would do well as a bitbet affiliate << worth a shot.
mircea_popescu: how slender would she have to be to pour me drinks from under scotland's green pine tree
mircea_popescu: it's also racist, privilegionist and anti-environmentalist.
mircea_popescu: bitcoin does not practice safe sex and how to fix this pressing problem
mircea_popescu: fortunately bollywood couldn't care less about western nonsense
mircea_popescu: moiety: this stupid slenderman crap is going to be made into some crap film at some point, wont it << if the us weren't out of money, it would habve been.
mircea_popescu: great way to become functionally identical to any woman.
mircea_popescu: nubbins`: pins & needles now << you are pushing your sacral vertebra into your pudendal nerve
mircea_popescu: Apocalyptic, "in the general case" versus "in any practical case"
mircea_popescu: yeah guy is making some serious inroads in post-btc journalism
mircea_popescu: none of these considerations are wide berth issues such as bach's.
mircea_popescu: Apocalyptic, the question is more subtle than that. perhaps a better rendering would be "which of rsa, ec is more likely to have tiny pores we don't kjnow about"
mircea_popescu: in general the fewer customers you have the better your product can be
mircea_popescu: the problem with commodization is that it destroys quality.
mircea_popescu: BingoBoingo, im not one to give last night's calves black eyes, but.... as you say, loing backlog.
mircea_popescu: mike_c: asciilifeform: do you know if this is true? "EC-based keys are just as secure as RSA keypairs" << nobody fucking knpows if this is true, this is the mn dollar question in practical cryptography.
mircea_popescu: ;;later tell Phinnaeus: I'm curious as to when Micrea had that pic taken where he's in front of the pyramid on a horse. << 2003 iirc.
mircea_popescu: nao if only the sec would be making more definite steps towards halping
mircea_popescu: that can't happen, i have a whole department working on it.
mircea_popescu: usagi hotwallet method:to a hot array of failing hard disks is added a bitcoin wallet, and all backups. Hotter coffee is added splashwise until the hot wallet becomes cold. << ahahaha SPLASHWISE!
mircea_popescu: i also wonder how long before i'll be the oldest guy in bitcoin, between people pulling the satoshi melt-in-mists trick on one hand and the 5years up to your room erik trick
mircea_popescu: BingoBoingo: asciilifeform: You also have to understand. Of the relatively early Bitcoiners MP is practically a saint. << i thought i had a bad reputation.
mircea_popescu: anyway, there's a mega band thing with drums and butt shakings marching down the street
mircea_popescu: fluffypony, i guess you just explained xapo's vp for asciilifeform too.
mircea_popescu: nubbins`: mp tells the sec to get stuffed, they shrug and then do exactly that << what did you expect'd happen ? a bureaucrat is perhaps the finest detector of who has the bigger stick in existence.
mircea_popescu: nubbins`: BingoBoingo: i actually had wondered why $15k plus damages -- didn't realize until you pointed out that they didn't touch s.dice << yeah, funny how that worked huh.
mircea_popescu: asciilifeform: BingoBoingo: the buggers' traditional defense is to pretend that the event was a non-event - or, if this is impractical, to continue living in an imaginary world where they 'scooped' the story first, and all of the 'unsanctioned' discussion never happened. << pretty much. a dangerous gambit, of course, as the world also goes about its business scarcely taking notice of their efforts.
mircea_popescu: BingoBoingo: asciilifeform: It isn't that there is benefit derived from it. It is that when we can beat the Coindesks to the aggregators, it injures them in ways only they can rationalize. << wow that's an unexpected point.
mircea_popescu: Daniel_Krawisz, also, the entire length of endless discussion to date is to be found in
mircea_popescu: gotta make one of those, then you can auto voice yourself.
mircea_popescu: most clients can be configured to also ding when that happens
mircea_popescu: infinite hitpoints, as a property of the environment not of the idiots.
mircea_popescu: dub: similar(ly stupid) ideas about spending them after fiat collapses as metals probably, libertardation << seems credible. some sort of fetishism.
mircea_popescu: zee germanz never actually managed to figure out navajo did they
mircea_popescu: soon it will start controlloing the price of electricity.
mircea_popescu: mike_c: it is truly amazing how it keeps doubling << it is.