log☇︎
445400+ entries in 0.129s
mircea_popescu: the reason it makes sense to attack a large fish if you have more money than his weight is gambler's ruin
mircea_popescu: roughly speaking.
mircea_popescu: anyway, enemy weight * your chance to bite it should always be equal to your own weight.
mircea_popescu: it has a rake
mircea_popescu: well no/
mircea_popescu: which... wut ?
mircea_popescu: basically your equation reads enemy * .9 > self
mircea_popescu: you realise you can just simplify "chance" out of that ?
mircea_popescu: uh
mircea_popescu: aha...
mircea_popescu: what ?
mircea_popescu: the odds are 1:101 for B to win and 100:101 for A to win.
mircea_popescu: A stands to gain .5 and to lose 50, B to gain 50 and lose .5
mircea_popescu: basically the way i see it, 100 btc fish A and 1 btc fish B
mircea_popescu: can you just quote the thing here so i don't have to make a new fish ?
mircea_popescu: link ? lol
mircea_popescu: um ?
mircea_popescu: why * .9 ?
mircea_popescu: right.
mircea_popescu: smickles im not so sure you did that math right.
mircea_popescu: pretty much what you want to do.
mircea_popescu: kakobrekla http://trilema.com/2012/the-biggest-fish-revisited/
mircea_popescu: aptly named huh
mircea_popescu: EVERYONE WAS BORN THEN
mircea_popescu: august 2011 was such a kickass month huh.
mircea_popescu: nice find.
mircea_popescu: aha!
mircea_popescu: spam.
mircea_popescu: welll....
mircea_popescu: support : we are sorry but we are out of cash today and it was a holiday in japan.
mircea_popescu: user : here, they've not paid me ONE MONTH LATER!
mircea_popescu: lmao @mtgox support
mircea_popescu: when you say fame, you got a fame right ?
mircea_popescu: smickles i don't know that he isn't, which is whuy im asking.
mircea_popescu: you're the goatse ? i fed you earlier a little. like the idea.
mircea_popescu: who's freemoney ?
mircea_popescu: yes, but micon runs it
mircea_popescu: what fame is that ?
mircea_popescu: FreeMoney of SealsWithClubs fame
mircea_popescu: why buy them out ? "very low barrier to entry" "anyone could make a game"
mircea_popescu: not rly.
mircea_popescu: there's goatkcd now ?!
mircea_popescu: lol
mircea_popescu: http://pastebin.com/HxfJvM8H isn't this cute ?
mircea_popescu: o hey
mircea_popescu: ;;ticker
mircea_popescu: emailed a link
mircea_popescu: i'm curious if the biggest fish guy makes the changes proposed.
mircea_popescu: aha!
mircea_popescu: smickles what's worth mentioning is that mpoe actually existed one week before bitcoinica.
mircea_popescu: there.
mircea_popescu: http://trilema.com/2012/the-biggest-fish-revisited/
mircea_popescu: interesting how that works innit.
mircea_popescu: it's on the forum somewhwere, i think if you search for mpcd it'll pop
mircea_popescu: it was an attempt to create a CDO series
mircea_popescu: thestringpuller were 100 btc of mpcd series
mircea_popescu: what's a honaor
mircea_popescu: who's butthurt cause he was kinda told to pack it here http://trilema.com/2012/ciuciu-bond/#comment-87615
mircea_popescu: but the explanation is quite simple : everyone left. the only guy left is some schmuck from Ro by the name of mihai something
mircea_popescu: smickles you wouldn't expect bitcoin magazine to make sense would you.
mircea_popescu: <smickles> https://bitcointalk.org/index.php?topic=127096.0 Oh, by the way, i'm suprised i wasn't mentioned here, and mircea_popescu was edited out << lmao i was in there ?!
mircea_popescu: lol cool.
mircea_popescu: looks like someone's having a heart attack.
mircea_popescu: live.coinbr.com << was this always so animated ?
mircea_popescu: hopefully you'd inquire before you run mtgox for 2 years
mircea_popescu: i meant, exchange this 450k usd to ryals.
mircea_popescu: anyway, when i said "buy ryals" i didn't mean get some banknotes (i'm not even sure i could have)
mircea_popescu: wtf.
mircea_popescu: then...they...don't...offer...the...service
mircea_popescu: a right.
mircea_popescu: i bought ryals once just for the hell of it.
mircea_popescu: cam => cab.
mircea_popescu: if i hail a cam i assume it has gas in the tank.
mircea_popescu: Namjies if you don't you have no business offering this service.
mircea_popescu: this means "we have no money". period.
mircea_popescu: they claim to not have cad.
mircea_popescu: jurov : what do you mean besides the point ?
mircea_popescu: basically, that's a "we're broke" statement.
mircea_popescu: exactly.
mircea_popescu: it's instant, you just move them from your own usd account to your own cad account.
mircea_popescu: you don't wire funds from your usd to your cad account.
mircea_popescu: Namjies why are we discussing wires ? we're discussing exchanging usd to cad or w/e
mircea_popescu: Namjies : what do youi mean what ? you can't be out of fiat. if you have one you have any.
mircea_popescu: and so on
mircea_popescu: now with cad, on the theory that "nobody cares about cad"
mircea_popescu: first by the entire dwolla bs, on the grounds that people know dwolla are assholla
mircea_popescu: and are trying to conserve cash as best they can
mircea_popescu: basically the only explanation i can see is that they are literally out of money
mircea_popescu: it takes me longer to authorise it than it takes the bank to execute it.
mircea_popescu: man seriously, it is five seconds, i just make the order.
mircea_popescu: DAYS ?!
mircea_popescu: 5 seconds.
mircea_popescu: do you know what it takes to pay back usd on an eur intake ?
mircea_popescu: smickles listen, i have usd, ron and eur accounts
mircea_popescu: how can they*
mircea_popescu: i'll tell you so what. how can't they not ?
mircea_popescu: ok, this is a bomb.
mircea_popescu: https://bitcointalk.org/index.php?topic=127312.0
mircea_popescu: https://bitcointalk.org/index.php?topic=127159.msg1351741#msg1351741
mircea_popescu: Thank you for your help to test the game. Withdraw your funds plz and PM me with found bugs. If some bitcoins wasn't deposited then PM me with your tx id.