51500+ entries in 0.518s

jurov: phf there is no judge mircea
_popescu wuld accept such "verdicts" from. remember when rota decided in similar way?
PeterL: mircea
_popescu what about the part of the listing that says shares will be paid out a minimum of 0.00001 ? If selling the domain+code does not cover the 17btc shortfall and this minimum, are you and kakobrekla expected to pay this out of pocket?
☟︎ assbot: Logged on 14-03-2016 15:56:32; ben
_vulpes: asciilifeform: why would anyone step into receivership. a fee of anything less than the bill is lulzy small and will tar the receiver. doing it for free is chumpishly cleaning up mircea
_popescu's mess.
solrodar: mircea
_popescu: if you mean creditors, they have to respect their claims but they're ultimately working for the shareholders, right
mircea_popescu: ben
_vulpes> i will be astonished if bitbet actually goes into receivership. >> and i will be astonished if one day you get off ass, actually do something. but then again, that's our respective problem.
☟︎ phf: ben
_vulpes: hehe, the 5 stages of grief :)
ben_vulpes: asciilifeform: why would anyone step into receivership. a fee of anything less than the bill is lulzy small and will tar the receiver. doing it for free is chumpishly cleaning up mircea
_popescu's mess.
☟︎ assbot: Logged on 14-03-2016 15:27:14; asciilifeform: mircea
_popescu was moving coin that was legitly movable, as per the (rotten) protocol, sans fee.
assbot: Logged on 13-03-2016 21:22:28; ben
_vulpes: ascii
_field: game theoretically permawedges obviously.
assbot: Logged on 13-03-2016 21:02:54; mircea
_popescu: ben
_vulpes eventually.
assbot: Logged on 13-03-2016 21:02:11; ben
_vulpes: "I will simply consider the matter moot." << and keep bettor funds if no receiver steps forward?
assbot: Logged on 13-03-2016 20:57:48; mircea
_popescu: hence my comment about fragility. there are two main threads here that would-be bitcoin entrepreneurs must heed quite closely. one is that - your expense structure is not either a) in your own control or b) specificable. for as long as your business model involves bitcoin as it currently exists, you're doing the economic equivalent of linking remote dlls.
assbot: Logged on 26-01-2016 17:20:06; ascii
_butugychag: (there was a spiffy talk at shmoo, which mentioned how nn used in image recognition usually imprints on what - to a human - would be an entirely accidental cluster of pixels, and if you flip'em, it will recognize an obvious, e.g,. cat, as a refrigerator, etc)
assbot: Logged on 14-03-2016 10:20:24; mircea
_popescu: ascii
_field> anyone else here read the lee sedol games? << i've looked through.
mircea_popescu: xm2hi> yeah, and about the ecosystem that Mircea has created. impressive records. << - >> ascii
_field> << there will be maxint of these now won't there.
mircea_popescu: pete
_dushenski> mircea
_popescu: does the bbet receiver have the authority to determine the cut-off date for acceptable wager resolutions and to refund any bets submitted but deemed "too far away" for the receiver to reasonably hold the funds in escrow ? or is this line in the sand to be drawn by you and kakobrekla ? << in general this'd be the receiver's authority. a reasonable path is you know, get the domain, put up
mircea_popescu: <ascii
_field> was that the one where operator turned out to be << yes, with the reserve these ex post facto "turned out to be" things deserve.
mircea_popescu: ascii
_field> anyone else here read the lee sedol games? << i've looked through.
☟︎ assbot: Logged on 12-03-2016 18:43:24; mircea
_popescu: BingoBoingo guy's pretty lulzy. piece pumping him, large lulz potential. jus' sayin'.
assbot: Logged on 13-03-2016 21:13:18; ascii
_field: ben
_vulpes: folks have destroyed far more precious machines than bbet by elbowing 'wrong button'
assbot: Logged on 13-03-2016 20:38:09; ascii
_field: is this traditional? (i am not connected with any of this, merely curious how it worx)
pete_dushenski: mircea
_popescu: does the bbet receiver have the authority to determine the cut-off date for acceptable wager resolutions and to refund any bets submitted but deemed "too far away" for the receiver to reasonably hold the funds in escrow ? or is this line in the sand to be drawn by you and kakobrekla ?
assbot: Logged on 13-03-2016 22:46:10; ascii
_field: anyone else here read the lee sedol games?
mod6: <+ascii
_field> from under every rock. << yes, im sure.
assbot: Logged on 13-03-2016 21:40:59; mircea
_popescu: there's been if memory serves exactly one case of delisted company on these grounds, bvps.
ben_vulpes: mircea
_popescu: bbet contract 3.1d refers to 3.1b, correct?
gribble: mike
_c was last seen in #bitcoin-assets 18 weeks, 2 days, 20 hours, 12 minutes, and 31 seconds ago: <mike
_c> let's get that thing out the door and get alf some goddamn bitcoin already
BingoBoingo suspects a very mike
_c sort of flavor on this job
ben_vulpes: perhaps mircea
_popescu plays a different game here though.
ben_vulpes: ascii
_field: game theoretically permawedges obviously.
☟︎ mircea_popescu: ben
_vulpes i was thinking, interviews. think senate hearings for appointees.
ascii_field: so if receiver decides that all bets pay properly and mircea
_popescu gets a 17 btc haircut, mircea
_popescu will live with this?
mircea_popescu: ascii
_field well no, you know how this sort of thing works ?
ben_vulpes: ascii
_field: for that to happen, the receiver'd have to invalidate mircea
_popescu's charge.
ascii_field: mircea
_popescu: unless i misread, there is no way it can fully pay out bettors
jurov: ben
_vulpes: and i also have some 0.8btc skin in it
ascii_field: ben
_vulpes: folks have destroyed far more precious machines than bbet by elbowing 'wrong button'
☟︎ pete_dushenski: ben
_vulpes: i'd open a perimutuel bet that nassim who play receiver, but i don't trust betmoooose
ben_vulpes: pete
_dushenski: into completely opaque steel walls no less.
ben_vulpes: i've been told that i have no business saying anything about bitbet's business, ascii
_field.
ascii_field: how would ben
_vulpes have played it differently ?
assbot: Logged on 13-03-2016 20:51:27; mircea
_popescu: anyway, to be perfectly clear, i don't think kakobrekla did anything wrong at any juncture, nor am i privately holding anything against the man. while the outcome is miserable, i dun think there's necessarily much that could have been done to prevent it.
mircea_popescu: pete
_dushenski the way start-ups usually work is that they look good, but if forcibly deflated midstride it's tears all around.
ascii_field: mircea
_popescu has grim but 100% accurat point, as often
mircea_popescu: ascii
_field> bbet long pre-dates my study of mircea
_popescutronics, and i have nfi <<< it's not terribly clear to me either, after all these years.
ascii_field: mircea
_popescu: creditors first, aha, after i asked, i remembered this
ascii_field: bbet long pre-dates my study of mircea
_popescutronics, and i have nfi, was the plan that it could never incur unexpected expense ?
ascii_field: 'This line of credit carries seniority above that of shareholders and below that of bettors.' was mircea
_popescu's earlier verdict, but now 'Bitbet's liabilities are currently comprised of various bills (such as the 17.94766149 BTC it owes as per this report, such as whatever fee it may owe the receiver for his trouble, and others as may arise), which are the most senior ; with the remainder to go to payouts to th
ascii_field: i dun think i ever actually saw mircea
_popescu pick up pieces.
ascii_field: i can more easily see mircea
_popescu raising a guerilla army in nepal or the like.
mircea_popescu: ascii
_field let me disabuse you of that notion right now.
ascii_field: eventually either the lizards will move, or mircea
_popescu will grow tired of me, or my health simply gives out, and mircea
_popescu will have to learn ada and relearn numbertheory himself...
assbot: Logged on 13-03-2016 14:32:19; ascii
_field: my hypothesis is that he was not paid to lose, as such, but to keep a particular style of play, and he believed that he could win regardless.
ben_vulpes: ascii
_field: your verditc is 'hrown matches'?
BingoBoingo: <mircea
_popescu> BingoBoingo i have nfi what's going on with those two articles. they don't even make sense. << I'll get to cutting
assbot: Logged on 12-03-2016 13:14:31; mircea
_popescu: let me enlighten you : it's "take a string that is definitionally misformed html, aka html soup, and transform it into sufficiently well formed html to render".