log☇︎
409100+ entries in 0.142s
mircea_popescu: kakobrekla i imagine he's going to show us all how stoopid we really are
mircea_popescu: ok this goes to twitter too
mircea_popescu: coinpeople bitplease stopcoin bitusing coinames bitfor everycointhing youbit coindo omfbitgod!!
mircea_popescu: pgp o fuck yes i confused them. bitinstant it was.
mircea_popescu: nice way of putting it
mircea_popescu: scammer ptsd lol
mircea_popescu: and now is focusing on coinapult which is not related to coinabul.
mircea_popescu: kakobrekla afaik erik was with bitpay team but they parted amicably
mircea_popescu: jborkl_ ah i see what you mean.
mircea_popescu: jborkl_ hm how do you mean ?
mircea_popescu: https://bitcointalk.org/index.php?topic=181662.0 this actually sounds pretty awful
mircea_popescu: indian giver = person who gives then tries to get it back :D
mircea_popescu: what are you, an indian giver ?
mircea_popescu: lmao
mircea_popescu: zebedee_ it's how good services are started.
mircea_popescu: anyway, you hatching some service ?
mircea_popescu: basically my tech ppl pick up some open software and rewrite it.
mircea_popescu: this is pretty much what i do in general, my blog is a heavily modified wp etc
mircea_popescu: i have a heavily modified bitcoind
mircea_popescu: not risk per se, just, bitbet is a valuable business publicly owned, its internals may be discussed up to a certain - arbitrary - point.
mircea_popescu: all i'm going to say is that bitbet server holds less than 10 btc at all times.
mircea_popescu: so few people actually try to game it this way.
mircea_popescu: you lose it.
mircea_popescu: furthermore, trying to game it this way exposes you to the following risk : if your bet doesn't make it into a block before bet is closed
mircea_popescu: if you look you will ocasionalyl see "refund" on the bet list.
mircea_popescu: zebedee_ no, for two reasons. one is that bets coming in after the fact are refunded
mircea_popescu: (such as the avalon delivery bet was)
mircea_popescu: there are however bets which only resolve on their stated date, regardless. this is obvious from the wording
mircea_popescu: if the stated resolution is close the bet is resolved now or then, depending on load.
mircea_popescu: there's two loose cases here. if the stated resolution is far off (ie, more than a week), and the bet is clearly satisfied then the bet is paid off now.
mircea_popescu: np np
mircea_popescu: no good ?
mircea_popescu: Every bettor on the winning side will receive as follows : 99% of his original bet sum (1% goes to BitBet.us) plus 99% of his bet times the total bet by the losing side multiplied by the winning side total weight and divided by his bet's total weight.
mircea_popescu: haha good, but specifically :
mircea_popescu: i think that pretty much says it, wouldn't you say ?
mircea_popescu: http://bitbet.us/faq/#14
mircea_popescu: zebedee_ you get that weight no matter what you bet. it's your bet * that weight.
mircea_popescu: by this comparison satoshi dice is 99% undervalued.
mircea_popescu: so blackhawk is valued at 1.3bn.
mircea_popescu: http://www.pymnts.com/briefing-room/prepaid/gift-cards/2013/blackhawk-completes-230-million-ipo/
mircea_popescu: not per 1 btc specifically, just, as a factor.
mircea_popescu: so i get what you ask now. yes it's per btc in the sense gravity is per kilogram.
mircea_popescu: yep
mircea_popescu: kakobrekla forexmagnates ?
mircea_popescu: zebedee_ i'm not sure how you mean ? the weight is just a factor.
mircea_popescu: MJR_ prolly something you can make. not so hard to query the book
mircea_popescu: bowjob you forgot to include an url
mircea_popescu: whoa! mtgox is finally ready for hft!
mircea_popescu: ;;goxlag
mircea_popescu: jurov is becoming a philosopher :D
mircea_popescu: get 3.5 michelin stars
mircea_popescu: fusion is where it's at i tell you!
mircea_popescu: ahh romanian smoked cheese + anchoves on american style pancakes
mircea_popescu: bit_nutz i was being facetious, for the record.
mircea_popescu: yes, preparing for introduction of ltc etc
mircea_popescu: pizzaman1337 musta done some real bad research i guess
mircea_popescu: o look who's back
mircea_popescu: also the guy is blocked on my twitter, which means he must have been sts-like at some point
mircea_popescu: pizzaman1337 for the record : nothing.
mircea_popescu: whart do you mean ? shorting and selling are different concepts.
mircea_popescu: um
mircea_popescu: if you shorted over 200 you're well in the money now.
mircea_popescu: https://bitcointalk.org/index.php?topic=180663.0
mircea_popescu: not if they have any sense anyway.
mircea_popescu: you have to understand tho, none of the major players will even be net short for strategic reasons.
mircea_popescu: Namworld nah.
mircea_popescu: with or without all this complex discussion.
mircea_popescu: ya, fire is a serious problem for paper wallets.
mircea_popescu: nobody has unhindered access tho.
mircea_popescu: dub one of the many dumbass things where that guy from pulp fiction tries to parlay his momentary fame into a career ?
mircea_popescu: well for sure it's unwise to spread info wider than it needs to go.
mircea_popescu: banks aren't video rental stores.
mircea_popescu: asciilifeform yeah. pretty outrageous stuff that.
mircea_popescu: well for that money if you can check out women's parts through clothes you can probably check out printed paper through sheet metal
mircea_popescu: oops
mircea_popescu: well for that money if you can check out womenyou can probably have
mircea_popescu: a a
mircea_popescu: ie you still need a court order and identified boxes tio have tghem opened.
mircea_popescu: asciilifeform afaik this has not in fact happened,
mircea_popescu: dub https://bitcointalk.org/index.php?topic=173227.msg1907593#msg1907593 have more.
mircea_popescu: containers aren't opened are they.
mircea_popescu: asciilifeform hm right you are
mircea_popescu: paper has been dumped massively.
mircea_popescu: asciilifeform not lately.
mircea_popescu: no bubble to see here, move on to shiny rocvks.
mircea_popescu: Namworld a good thing i say.
mircea_popescu: the premium is what, 30% by now ?
mircea_popescu: actually, the evolution of paper gold vs rthe real article has been fascinating past week
mircea_popescu: asciilifeform im pretty sure it's impossible for bank manager to go into boxes.
mircea_popescu: seems pretty decent to me, 120.
mircea_popescu: ;;ticker
mircea_popescu: https://bitcointalk.org/index.php?topic=181245.0;all quoted for bolded paragraph
mircea_popescu: ya think ?!
mircea_popescu: the idea that "only dedicated for bitcoin" is a lot harder to push on a 1.5 dollar btc
mircea_popescu: dub at the time we were poor.
mircea_popescu: cjeck out the root, it's on the amusing side of lol.
mircea_popescu: asciilifeform you are aware this is a dead service right ?
mircea_popescu: such a conspiracist you are
mircea_popescu: so he's holding btcs in there to encourage others to try and break into his amazon vm ?
mircea_popescu: spell that out for me