log☇︎
683 entries in 1.071s
dub: what SD does can be achieved in a scalable way easily
dub: the reality is SD exploits a weakness in bitcoin
iz: basically we are recording all SD transaction history in the blockchain forever
iz: pigeons: SD will still spam the network, regardless of the fees
iz: at least not with regard to SD
Namworld: Only way to have a block against SD is if all miners simply exclude those transactions.
Namworld: Thick: He's saying "Blocking SD directly is the only known viable method of Bitcoin surviving this attack." and I think he's almost alone in that...
Namworld: I was planning using MPOE results/SD results statement to get the dividend info. Just not going to get rounded numbers tho.
Diablo-D3: jurov: becuase if SD keeps continuing at this rate, thats 1GB a year
Diablo-D3: I'd solo mine and refuse tx for SD
DeadWeasel: SD is doing that.
Diablo-D3: jurov: I hate SD
maximian: the s.dice action is a bit of a surprise… SD is still doing well, and it looks like the whale might even be back. I guess someone got jittery
kakobrekla: where was the largest SD mention on some bigger gambling related site
jborkl: SD about to cross 3 million bets
mircea_popescu: https://bitcointalk.org/index.php?topic=77870.msg1519243#msg1519243 one of the sd whales ?
jurov: where does that "if bitcoin goes up,gambling/sd will subside" come from?
mircea_popescu: Final SD Profit: 60813.98753788 BTC
Bugpowder: cause SD has been dead for a few days
jborkl: Volume on SD is insane right now, large bets on low odds also
evoorhees: hey guys - I changed the URL for the figures on SD. New spreadsheet is here: https://docs.google.com/spreadsheet/ccc?key=0Aiec3-Eo_yO5dHB2dVdiaEltUHAtTWlBcFhXQVBYeGc#gid=0
Namworld: The way I see it, it's just 5%. Gets him more BTC/USD aside. If SD keeps going like it is, he still got a large %. If it doesn't, he has money put aside.
leotreasure: how many shares are in the SD 2nd tranche?
evoorhees: jurov - I have a way to see how many doublespends are successful against SD
evoorhees: jcpham - if you can make a good SD vid for youtube I'll be happy to send you some coins
evoorhees: truffles you don't like the SD site?
evoorhees: would be bad for me, but SD would live on
evoorhees: the plan, for now, is to get SD some good legal advice on how to proceed in the safest way possible. It is getting lots of press and free advertising, and I don't want to push it further before having all the ducks in a row
evoorhees: SD is a gambling site, it earns 1.9%, easy
mircea_popescu: awkorama_ you prolly should ask dooglus or people in the forum sd watching thread
awkorama_: anyone knows how the zero confirmation on SD works? I mean I understand that there is transaction 1, that is the bet and transaction 2 that is the price and t2 takes its output from t1, but what prevents the attacker from waiting to see t2 and then try to stop t1 by invalidating it (e.g. double spend) ?
jborkl: hmm, lets make the anti-govt free to do thinkers -not be able to do what they want. No SD, no SR, no Porn ... whats left for bitcoin
jborkl: so, I missed the main conversation- how does jr think he is killing sd?
davout_: well Luke-Jr somehow has a point, as a simple node i really have no interest in relaying SD txes
mircea_popescu: i bet you nickles to dollars that increasing the fee would simply increase the % of tx belonging to sd.
Luke-Jr: Ukyo: it hasn't. SD is just forcing it to fail
pigeons: iz: SD can't control what fees their users pay, and the fees would have to be very high to negate the negative effect
Luke-Jr: or SD stopped its DDoS
davout: Luke-Jr: code a forl that doesn't relay sd txes, i'll use it, seriously.
iz: can't SD just raise fees for their transactions?
Luke-Jr: Ukyo: they're only there to DISCOURAGE spammers; which doesn't work for SD because it has an unlimited supply of idiot gamblers to cover the expense
Ukyo: technically, SD is paying miners
Namworld: How does SD costs miners?
Luke-Jr: awkorama: SD costs miners more than the fees cover
dub: I'm annoyed at SD too but market forces will prevail
mircea_popescu: Namworld simply put, the problem with sd transactions is that sd made 20k last month, in btc. that's 400k usd at going rates.
Namworld: I don't see the problem with SD transactions.
Luke-Jr: davout: SD-including blocks often take minutes to cross the network
davout: Luke-Jr: why would a block be orphaned because it includes a SD tx ?
Luke-Jr: davout: the risk of orphaned blocks from SD is much greater than any fees they pay
davout: Luke-Jr: i politely beg to differ, it's a feature, not a bug, if you do not want these delicious transaction fees, don't mine the SD txes, *boom* problem solved
davout: how much has SD paid in fees atm ?
Namworld: If the blockchain can't handle SD
Luke-Jr: mircea_popescu: SD's DDoS isn't useful at all
Anduck: for normal gambling man current SD kind of gambling is super
Luke-Jr: mircea_popescu: then SD can die
gigavps: mircea_popescu, the idea is to make SD take deposits and not do everything through the block chain
midnightmagic: The issue is that while *we* will save ourselves from mining effort, if it becomes too widely-adopted SD will modify their scheme and it'll be a kind of arms race after that
midnightmagic: We still have to accept blocks that other douches mine SD into..
Namworld: There's always the risk of betting on SD going down
error4733: you play SD ?
evoorhees: how would that help SD?
evoorhees: SD dividend is about to launch
Namworld: long term, the 64000x has as much chance earning money for SD
kakobreklaa: sd profits... as stable as usd/btc.
mircea_popescu: SD Profit after fees: 51037.02759636 BTC (1.939%)
evoorhees: silly fool doesn't realize a ddos against SD doesn't work
leotreasure: sd still down for me :(
kakobrekla: cause it <i>contains</i> SD interface
leotreasure: wow - 21k on a 50% bet @ sd
StarenseN: new SD report
smickles: last that I read, it hadn't processed on SD yet
smickles: btw, did anyone else notice the guy wondering what was up with his SD bet,
mircea_popescu: on one hand, bettor knows sd can raise *any* sum to pay out.
Namworld: At this rate SD will own 90% of all bitcoins
Namworld: Seems like alot of activity on SD aaannnd lots of BTC being bought.
mircea_popescu: Final SD Profit: 41793.46029369 BTC (1.836%)
Bugpowder: Doog has a special edition of the SD charts up
mircea_popescu: i wonder how much of the buy pressure is ppl wanting btc to sd
JWU_42: buying up BTC to bet on SD
Namworld: Well SD...
error4733: Bugpowder : thanks for the SD sheet ! What a nice surprise today ! +8K
mircea_popescu: well that'sd where it was friday :p
mircea_popescu: bah so i bet .1 btc on sd and i lost
kakobrekla: i guess if sd goes down
error4733: good, SD run under EV for one week
error4733: if SD up to 0.006 and btc hit 15$ i almost double my invest in 2 weeks
error4733: any clue for the SD jump ?
Luke-Jr: nyRednek: so like, if I tell people about other not-DDoSing-Bitcoin gambling sites to use instead of SD, I'm in trouble? :o
kakobrekla: except for sd
mircea_popescu: ppl use plenty of mc on sd
kakobrekla: Buglouse blockchain suffers from small gambers on sd
mod6: its kinda like rg said once, if bitcoin can't handle the tx's from SD, then we should pack up and shut off the lights now.
Namworld: If he puts it in SD, might not be such a bad deal. SD will probably remain a major Bitcoin betting site for a long time.
leotreasure: wow! a lot of heavy betting on 12% at sd
mircea_popescu: Final SD Profit: 34221.17042144 BTC (1.789%)
smickles: how many of SD's competitors go to major global gambling conventions and advertise such as SD has
pigeons: well there are issues, such as low barrier to competitors, operator risk in one man, and the bitcoin network retaliating against SD "spam" transactions
markedathome: evoorhees: the sd app is out of sync by about 0.05, possibly caused by a crash that happened that took out the machine (machine not the app), so don't know if app is misreading something somewhere
markedathome: evoorhees: is the balance on the sd app supposed to reflect that of the amount in the deposit address?