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394300+ entries in 0.153s
mircea_popescu: dandate2 well tyou could read the contracts no ?
mircea_popescu: or the bitfury bet
mircea_popescu: frb that's often the case actually. like with the josh-zerlan.com bet
mircea_popescu: actually 6 months ago sdice closure was completely off the books.
mircea_popescu: well if it makes you feel better i didn't have a bet in there.
mircea_popescu: which issue do you mean ? on bitbet ?!
mircea_popescu: how do you mean ?
mircea_popescu: i love being unambiguous.
mircea_popescu: i tend to avoid lengthy faqs etc for this reason.
mircea_popescu: problem is people don't like to read.
mircea_popescu: and yes. bitcoin is what it is. you either trust or watch.
mircea_popescu: well if it's not clear i'm glad you asked :)
mircea_popescu: i mean people made a lot of hay about bfl delivery in may bet, but... bfl STILL hasn't delivered so.
mircea_popescu: well, the people resolving the bets are not betting. i occasionalyl make bets, but i don't think theres to date been an actually contentious one.
mircea_popescu: in principle it could split 101/102 or some shit, as unlikely as that may be. in which case 101 would go to proposer. but in no case wil lproposer be assigned more than half the house bet.
mircea_popescu: sometimes it splits 5/6 in which case 5 goes to the proposer
mircea_popescu: Neil_ ah, yes, that's correct.
mircea_popescu: take last month : 19 betsa accepted, 2.02 btc bet.
mircea_popescu: per bet i mean
mircea_popescu: house bets is always .1 or more.
mircea_popescu: if the bet is even the person makes about half, roughly.
mircea_popescu: if the bet is a crapshot, the person usually makes nothing but sometimes makes a bunch.
mircea_popescu: it's simple. whenever someone makes a bet, the house splits a dime among yes/no ands puts the lower ammt on the name of the person that proposed the bet.
mircea_popescu: if you expect to lose 0% they're always -ev
mircea_popescu: they're not +ev except in the perspective where you expect to lose 50%.
mircea_popescu: in general house makes about 50% back of what it bets.
mircea_popescu: yes.
mircea_popescu: Neil_ nowhere. atm it's cheaper to just eat them than account for them tbh
mircea_popescu: at this rate you'll end up on thestringpuller's list.
mircea_popescu: ThickAsThieves lol
mircea_popescu: not really any need for the other three reasons
mircea_popescu: "why work if you get shit for free anyway"
mircea_popescu: heh.
mircea_popescu: either way.
mircea_popescu: kidkrypto make it.
mircea_popescu: that's about as far removed from NUDE as it could be ozbot
mircea_popescu: .bait nuderstand
mircea_popescu: i think nuderstand will become a meme
mircea_popescu: lol scrat
mircea_popescu: granted it's only a few btc per cycle they lose, but i imagine a few btc hurt a lot in scamistan.
mircea_popescu: this is like the 7th or 8th cycle of it
mircea_popescu: they push it, then let it be at which point it drops
mircea_popescu: lmao by the look of the trades teh btcgarden people are getting raped.
mircea_popescu: ArcticWolf famous last words, those.
mircea_popescu: dandate2 on the short term the market is a nutty machine
mircea_popescu: actually for some of the tickers, price!=price even
mircea_popescu: price!=value
mircea_popescu: lol
mircea_popescu: le lol.
mircea_popescu: userioao and you're calling ME a moran ?
mircea_popescu: userioao hatir.
mircea_popescu: it simply decreases liniarly with time
mircea_popescu: do tell ?
mircea_popescu: much like spamming is still going 20 years later in spite of the avg spammer making a loss.
mircea_popescu: this will keep going indefinitely, because of the illusion of easy money.
mircea_popescu: random_cat something;'s gotta break. i mean, activemining is exactly reobek to am
mircea_popescu: btcgarden in particular is a lulzcase, with its blog full of pictures stolen off the internet.
mircea_popescu: http://trilema.com/2013/the-anatomy-of-a-scam/
mircea_popescu: random_cat no excitement whatsoever. there's a couple of scammer assets being pushed by anons.
mircea_popescu: ;;later tell klak1212 hey, isk ?
mircea_popescu: ;;later tell plato hey, isk ?
mircea_popescu: and ty :p
mircea_popescu: random_cat that's exactly what it is.
mircea_popescu: chiefly because people join all excited, do something for a few weeks then abandon it.
mircea_popescu: smidge you can take it pretty far. therer's a dearth of pretty much everything that;s market watching and reporting.
mircea_popescu: basically asicminer + scamfest. you should probably make two tiers.
mircea_popescu: hey, you got one right!
mircea_popescu: userioao it's a chan not a topic, esl boi. also, children not childrens.
mircea_popescu: don't confuse the two.
mircea_popescu: there's a difference between "basic knowledge" in the objective sense of "what anyone should know" and "basic knowledge" in the subjective sense of "the sum of what's left once we substract out of basic knowledge all the shit i don't know".
mircea_popescu: smidge would help if it explained wtf it is.
mircea_popescu: and if there's people with a lot of isk i want to talk to you!
mircea_popescu: http://trilema.com/2013/1btc-moving-right-along/
mircea_popescu: meanwhile back at the ranch, http://www.thedailysheeple.com/feds-visit-family-who-googled-backpacks-pressure-cookers-but-the-nsa-isnt-watching-you_082013
mircea_popescu: i must admit they're pretty ghood
mircea_popescu: heyhe mkay.
mircea_popescu: thestringpuller lol github. qwhy not make a blog ?
mircea_popescu: hm. sucks.
mircea_popescu: check that shit out.
mircea_popescu: https://bitcointalk.org/index.php?topic=266570.msg2850930#msg2850930
mircea_popescu: Wild0wnes not unless you make it.
mircea_popescu: dude eve is like... more advanced than bitcoin.
mircea_popescu: "Every leader who would rather be in charge of something badly run than part of something well run is not the CEO of their EVE corp, they are the CEO of your EVE corp. And its up to you if they ever learn this or not."
mircea_popescu: i dunno, up to whoever makes the list
mircea_popescu: well, not that i know. but now there's a 1 btc bounty for a top 20 of my best insults.
mircea_popescu: lol
mircea_popescu: great quote of the day.
mircea_popescu: in the Louvre, and at the Court of France."
mircea_popescu: Henri the Great, wanted a fagot to light a fire in the month of January,
mircea_popescu: "Posterity will hardly believe that the Queen of England, granddaughter of
mircea_popescu: and somehow magically all the "press" from end to end won't be running "OMG KICKSTARTER IS A SCAM" headlines tomorrow ?
mircea_popescu: pigeons no wai. this is possible with kickstarter projects ?!!?! ?! ?!
mircea_popescu: Namworld ok then :p
mircea_popescu: Hollywood i don't get this. what are they paying dividends out of ?
mircea_popescu: kakobrekla ^
mircea_popescu: http://trilema.com/2013/bitbet-july-2013-statement/
mircea_popescu: i don't. i give Namworld all the credit because him i know.
mircea_popescu: fucking hole he had to pull it out of too
mircea_popescu: Wild0wnes yeah.
mircea_popescu: whoa scrollback