439400+ entries in 0.149s
mircea_popescu: it becomes a mess of assignments whereby the person with the key is not the person who signed the btc and etfc.
mircea_popescu: BUT! FOR SRS! I AM KEEPING ROUNDED SUMS! NOOBS BEWARE!
mircea_popescu: and i'll exceptionally credit these 25btc, seeing how most of the digits are there and you ask so nicely.
mircea_popescu: ok, then please bolt down in a basement somewherhe this direct thing
mircea_popescu: he sent 1.5 btc and was liek "hey, i would like some options plx kthx"
mircea_popescu: back in the old mpoe days. page went like send X exactly, if you don't we keep it etc
mircea_popescu: well whichever way that doesn't have people rediscovering that whatever fashionable app is borkt every six days and a half.
mircea_popescu: why don't you make a nice deposit page so they can deposit straight to coinbr, and float them yourself, like normal people ?
mircea_popescu: but otherwise, the problem we have here is this : you're sending noobs to deposit to mpex, they're doing noobish things. mpex isn't made, or even able to cope with noobs. so that doesn't work too well.
mircea_popescu: this is how goat got about 1.5 btc impounded back in 2011 and he's been ragging on mpex ever since
mircea_popescu: and i thought you were a little grumpy today lol. well no wonder :p
mircea_popescu: <honeybadger> can you hit him up about it; I'll be in Vegas for CES and probably can't stop by.
mircea_popescu: i imagine the person putting 1 btc in was expecting much better odds for his money lol
mircea_popescu: haha so i guess Namjies is the first guy to make some money on bitbet
mircea_popescu: if they're NOT in good standing, a fine is just another promise not to keep
mircea_popescu: what i mean is, if company is in good standing, the prospect of a fine if they're not in good standing isn't particularly impressive
mircea_popescu: giving teh ppl some time to get their shit together before then.
mircea_popescu: it's not practical, in the sense that a fine doesn't improve a company's incentive really.
mircea_popescu: 2. each bet gets a .1 btc pool by default, it gets split between yes and no, proposer gets the smaller stake to his own address
mircea_popescu: btw smickles two major sales points : 1. you can get referrals of 1% (= site rake) for any visitors you direct by simply adding ?ref=1bitcoinaddy on any link
mircea_popescu: <smickles> i seem to just see all the bets << nice failover.
mircea_popescu: so... it's about 15 times more likely for BFL to deliver asics by april than for mpoe to crash under 3
mircea_popescu: obviously a lot of what we do here is experimental, this method should allow for very wide price discovery.
mircea_popescu: ya but if i had a scheme like that i wouldn't be issuing at 1k satoshi.
mircea_popescu: no matter what price i ask, as long as it's under what we have there
mircea_popescu: yeah, like any normal sale. if i was to sell 10k of my stock right now, what'd happen ?
mircea_popescu: eventually as bids and asks exhaust each other a gap will form.
mircea_popescu: aite, drop by tomorrow, we'll see what jurov has to say about this.
mircea_popescu: DEPOSIT|{sum}, where the sum is an integer, written in BTC (note that you can not deposit less than 10 BTC). You will be quoted an exact sum, which you must send to the exchange address (1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx). Don't round anything, the decimals are there to identify you as the beneficiary. You will be credited the full amount.
mircea_popescu: but if you don't have the depisit signature (such as, coinbr did it, not you) you'll have to bug jurov about it