log☇︎
328100+ entries in 2.373s
Bugpowder: that was a long time ago
mircea_popescu: Bugpowder iirc they made a loss in 2010
pigeons: EskimoBob: i nominated jcpham because he would be less likely to be viewed as a sock puppet than kako who is a business partner of mp and i know smickles has done deals with him too
jcpham: EskimoBob go fuck yourself that was a joke
mircea_popescu: dude srsly ?! mtgox clears 200k btc a year ?
jurov: but if it decides to swing to, say, 13, now that would be a problem
jurov: if it goes only up, it won't be such a bit problem, maybe bonds pay only a half of MPBOR
Bugpowder: cause MPOE is gonna have a bad week if the price keeps going up (I guess)
Bugpowder: If t17 goes... its a free for all
kakobrekla: lol i just realized, i have a single customer that is larger than whole 1Broker
kakobrekla: thestringpuller, i just dont approve or resolve bets so i dont get in a way of person that does that
jcpham: i imagine a mtgox "out of business" would mostly be a united states vs. mtgox thing
mircea_popescu: tho it could be in a #bitbet chan
mircea_popescu: not a bad idea.
thestringpuller: a e i?
thestringpuller: my how I love MPEX, it was like yesterday you were just a baby
thestringpuller: when I have money to hire a sock puppet that is what he/she'll be called
jurov: coinbr finally passed a test by correctly processing simultaneous new orders with same mpsic/price
mircea_popescu: i'll sell you lukejr coins, 25 a pop.
dub: or baby jesus masturbates a kitten
thestringpuller: http://bitbet.us/bet/1/usagi-ftw/ - that's a funny bet
Bugpowder: more like price stuck in a boring channel for literally HOURS
markedathome: oh dear me, this has been a weird weekend. There appears to be a certain delta flight with an inflight entertainment in the form of a model, a webcam, and an egg.
Bugpowder: getting to be a significant amount of coins people want me to manage.
Bugpowder: I am getting a lot of interest from friends
markedathome: a shame, seems to be a decent board maker, along with nghzang. ztex a close third.
Diablo-D3: heh, friedcat is shipping a unit to me
jcpham: hi guys my son has been sick for a few days
jurov: uf, quite a dump
mircea_popescu: a little longer than 50ms on mpex, but that's the general idea.
mircea_popescu: and wear a funny hat
mircea_popescu: which, in fairness, IS up a little
markedathome: now we need tracking number to jgarzik so that we can see a countdown to delivery, then a countdown to unboxing vid, countdown to powerup and mining vid, then countdown to teardown and post of BOM
mircea_popescu: a, tghat's bs, will never work.
mircea_popescu: jurov actually there's a large contingent of people who are doing dubious porn
Ukto: >,> *kicks a puppy to the side*
mircea_popescu: which is almost as bad as a puppy
mircea_popescu: not to mention she's kicking a kid.
jurov: it's a bit longer, but perfect otherwise.
mircea_popescu: a ok
jurov: hi, i fail to see a point?
Jackmaninov: I was just able to log in; don't think I was having a time sync issue on my phone... Hmm
thestringpuller: I built a drone already...
thestringpuller: mpoe-pr: " there's so much to do and so few people capable of doing it in Bitcoin that if your plan makes sense and you seem even remotely competent everyone else who is competent will breathe a sigh of relief."
thestringpuller: i guess my question is why have Coinbase and others successfully acquired funding and formed what seems to be "profitable businesses" yet these hardware manufacturers make AAPL's first office (Job's adoptive mom's garage) look like a better option for hardware fabrication...
mircea_popescu: some people stand to make a pretty penny.
thestringpuller: sports bets will likely account for a large part of bitbets bottom line
mircea_popescu: there are categories atm, and a search. but in general... yea
mircea_popescu: Namworld and if done by a third party, it allows them to make whatever money is t obe made in that market.
thestringpuller: mircea_popescu: the odds are based on the total pot for a bet right?
mircea_popescu: Chilca it's a general/personal blog but it has some dedicated bitcoin/mpex/rota categories.
mircea_popescu: Namworld what's keeping someone from making a bot ?
Bugpowder: its weird, S.DICE sells off a bit AFTER the whales show up?
mircea_popescu: they've discreetely skipped the "samples to community" part, the "we have the chips, they're hashing, just a few" story can be strung till july.
mircea_popescu: then again asicminer has the advantage that it could be run as a ponzi for quite a while.
Ukto: a week ago
Ukto: i think bfl started a "war" with their asic announce
Ukto: i sent him a msg that he needs to be alot more explicit
Ukto: of doing things for btc for ppl for a year
mircea_popescu: March may seem a long time away as we all have ASIC blue balls right now, but its really not that far away, and I salute and congratulate all of you who have had the testicular fortitude to stick it out with us because you my friends will receive the ultimate reward. Sure Avalon may get some units out before the Chinese new year but that is sure to be a very limited number. On the other hand our assembly house has an u
pigeons: message has the wrong length, need a <cr> or something somewhere
pigeons: ooh now this is a smooth platform mircea_popescu
pigeons: lets see how far i get without a login
mircea_popescu: im a party not teh judge!
pigeons: well they really do think its a neat idea, and you won't be able to convince them otherwise until they turn 13 at least
mircea_popescu: if you bet very late and the odds are very low you can end up paying a little like that.
Jewish_James: so im assuming the weight number a percentage? I'm trying to figure out the payout formula including the 1% fee and preventing the house from gambling its own money which i assume it doesn't do
Jewish_James: I guess a better question is how are your winnings calculated?
Jewish_James: most of the propositions are very one-sided, so say you pick the favored choice , does everyone have to make equal sized bets, or could someone bet a huge amount and greatly reduce the winnings for everyone else if that side wins
mircea_popescu: I purchased bad in a very large amount and would be very generous with any recovery.
mircea_popescu: I too will offer a large percentage for Mr Shavers.
Bugpowder_: read it when I was a kid
thestringpuller: it's a good way to explain it for our current psychology
thestringpuller: so is it all just a statistic?
Namworld: mircea: all betting games are a consented self-scamming.
mircea_popescu: what a scam.
mircea_popescu: 3 sites a day.
mircea_popescu: o, it's not even a bet site, it's a dice site. nice going lol.
mircea_popescu: "hi, i'd like to marry your daughter" "what can you tell me about yourself ?" "i have a penis"
kakobrekla: well, having your site not fall to pieces is a good first step ya know
mircea_popescu: sure there's gasoline. it's a commodity. widely available, not too expensive.
mircea_popescu: it's like a "new car company" came to the car show on the strength of "there exists gasoline"
kakobrekla: they might have a chance
Namworld: Well at least they could afford to do a proffesional design like SatoshiDice... but what about the coding?
mircea_popescu: jurov a i recall that, they put it up for sale cause "legal concerns" on the site itself
gribble: Error: "tickee" is not a valid command.
mircea_popescu: what a birdy whispered @me
lkjlkjlkj: I was reading this http://trilema.com/2013/the-advantages-of-having-a-baby/ Master Puppet pasted here and I think this impotent fuck is a retard
mircea_popescu: "o ease the point into a "low information voter" sort of mental context, think of it in terms of television"
jcpham: hey! i have a baby!
mircea_popescu: http://trilema.com/2013/the-advantages-of-having-a-baby/
markedathome: I'll have to ask Wallace about that. He might have some ideas on crackers and Wensleydale. Or a nice bit of cheddar.
smickles: a good thing to sacrifice to be the first moon miner :D
smickles: i mean, it would count if you used a custom miner to send the getwork to the moon and back to your compy, right?
markedathome: suprised no one has put a single up on a helium balloon and sent it NEO.
Diablo-D3: apparently this is a thing now
mircea_popescu: "Hi everybody - I just wanted you to know that I'm getting your mails - but I can't personally respond to all of them in good time, so I'm posting here. I've had a major personal upset that has tied me up for two days, so I haven't done the refunds as quickly as you'd like."
mircea_popescu: "Not surprisingly I have a lot of new refund mail - please understand that it takes a lot of time to work through them - no response doesn't mean I'm ignoring you. I'm also not going to work a whole lot today, as I have some life things to attend to."
Bugpowder: MPEX stocks are just a speculative risk / reward play. Risks are much higher than an SP500 stock, rewards are much higher too, so far at least.
jago25_98: So main difference to a major stock exchange is that the price is denominated in BTC. There's nothing new