439500+ entries in 0.182s
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
mircea_popescu: you couldn't have seeing how it was just opened hours ago.
mircea_popescu: Namjies if it has 100 btc bet a day that's more monthly income than the average mining farm.
mircea_popescu: www.followthatpage.com whoa didn't even know this exists.
mircea_popescu: ok, i just looked in the logs for today. there is no 404.