439200+ entries in 0.117s
mircea_popescu: "Truly, I'm puzzled by Joel's defense of Mr. Starfish, especially after Patrick's default and disappearance. I can think of few scammers in this cesspool who are more blatant and deserve less sympathy than Patrick."
mircea_popescu: pigeons so does it work as it's supposed and this stuff i keep reading is basically noobish nonsense ?
mircea_popescu: i'm not sure i'd hold something like that against a new service. maybe.
mircea_popescu: for the other, at least in blockchain's case i have some feel of who's behind
mircea_popescu: cause yeah, i wanted to ask iof they actually have a value proposition that i've overlooked
mircea_popescu: i see them struggling in a flypaper venue with bad make-up on
mircea_popescu: or wait, what's the guy who had a show where he used cameras in demo mode ?
mircea_popescu: so basically... a guy that's been out of the game since about before it started, taaki and a gun printing guy.
mircea_popescu: and after 100`000x as many ownages, exploits and general mayhem
mircea_popescu: i mean, they were, yes, but not much moreso than your average bank. whereas the average bank still is, 10-15 years later
mircea_popescu: Fixing the “100% CPU and no useful output” imklog+rsyslog kernel logging problem on Ubuntu guests under Xen PV
mircea_popescu: Mike Gogulski (Bitcoin laundry) ? wtf is that! i need to knoe
mircea_popescu: dub wtf ?! the negligence seen at mtgox happens every month with irl banks.
mircea_popescu: the idea that esperanto helps local languages is pretty good. nothing like something that really sucks as a standard to keep internationalisation at bay.
mircea_popescu: and he's about to graduate the local agricaltural college too!
mircea_popescu: heck, copying what betfair does got him all the way through highschool in rome wisconsin
mircea_popescu: "I have to agree, I was trying to work out how the odds are calculated and it makes no sense. Why not copy what Betfair or Intrade or something like that do."
mircea_popescu: apparently, mutual betting is dumb. so sayz anonymousdicwad on unheardofsite
mircea_popescu: te of the market, as you can with priced markets. 2. You should never bet until the last second so you can know the odds for the bet. In fact, it would make sense to create a sniping bot that would programmatically calculate the odds, compare them to your probability estimate, and only make the bet if it is favorable. There is another site called Bets of Bitcoin (
http://betsofbitco.in/) that has similarly dumb rules.
mircea_popescu: This betting site has a really stupid betting system. It appears that the amount of money you receive isn't based on a pricing of the bet, as is done on all real prediction markets, but based on a simple payout of all the bets received on the other side of the bet by the end of the bet date. This system has two practical consequences: 1. You can't determine the markets current probability estimates from the current sta
mircea_popescu: jesus, i am sick and tired of the internet opening up a global venue for each single imbecile who'd normally be locked away somewherhe among four walls.
mircea_popescu: he ain't patenting anything, he's just shootin da breez
mircea_popescu: i didn't even know they had a contract. you mean post ?
mircea_popescu: "An open letter to LTC-GLOBAL members who are downvoting BMF " eh there you go.
mircea_popescu: no. i just need one single person with good contacts that can get real discounts.
mircea_popescu: and speaking of which, who with actual provable fmcg/retail experience wants to partner to make a real bitcoinamazon ?
mircea_popescu: "BitInstant extremely poor design, lots of confusion, poor service"