log☇︎
760 entries in 0.35s
punkman: TheNewDeal: here's how it looks now: http://i.imgur.com/6mwsor1.png
BingoBoingo: TheNewDeal: Sure I offered a discount, and I tried offering you the same as well. A discount and a synthetic weight though are very different animals.
BingoBoingo: TheNewDeal: Well, it was a simple disagreement in pricing. Particularly how to price these things. We both disagree on how to do it.
moiety: TheNewDeal: yeah i get a note when manul is mentioned so i just returned a picture.... like a manual manul bot, if you will :D
asciilifeform: TheNewDeal: useless is perhaps wrong word
asciilifeform: TheNewDeal: usually chinese digital scopes, like mine
asciilifeform: TheNewDeal: if you want a new unit with reasonable bandwidth - a few $K.
asciilifeform: TheNewDeal: if you make the right friends - free.
dignork: TheNewDeal: dunno who blacked the names, somebody got the full list though
benkay: it's on the list of things to buy, TheNewDeal .
BingoBoingo: TheNewDeal: So 3-10 million burned
mircea_popescu: TheNewDeal right.
moiety: i thought so too TheNewDeal
mircea_popescu: TheNewDeal i had something similar in romanian a few years ago
BingoBoingo: TheNewDeal: Looked like a warning shot. I imagine actual violence comes later.
BingoBoingo: TheNewDeal: It wasn't a long thing, seemed like a strong warning.
BingoBoingo: TheNewDeal: You have to realize there is plenty of time for... externalities
BingoBoingo: mike_c: Wanted to purchase exactly what the bet could underwrite. TheNewDeal wanted something better. Even if mike_c's payment would have been lower it was infinitely more attractive because the bet could underwrite itself.
BingoBoingo: This goes into the distinction between mike_c and TheNewDeal trying to buy into my no bet against the same hard boundaries and only one of them speaking a language I could agree to.
asciilifeform: TheNewDeal: he did say 'can anyone make gold leaf on black' - sure. now he can.
asciilifeform: TheNewDeal: rope (or keyring, whatever) through the borehole on upper left hand corner.
asciilifeform: TheNewDeal: well he did say 'no you draw it'
asciilifeform: TheNewDeal: pcb photo positives
asciilifeform: TheNewDeal: it's a snapshot of gerber mask. if he's crazy enough he could send this out for fab.
asciilifeform: TheNewDeal: aye. 5 minutes of wank
mircea_popescu: uh i mean TheNewDeal
davout: TheNewDeal: yeah, that was amazing
mircea_popescu: TheNewDeal wasn't it more like 650 ?
mircea_popescu: TheNewDeal not bad
mircea_popescu: <TheNewDeal> I hope the price drops like a rock until that auction then just skyrockets back up << lol
BingoBoingo: ;;rate TheNewDeal's screen -1 Biased
BingoBoingo: TheNewDeal: That's because your screen plays favorites
BingoBoingo: TheNewDeal: That's mircea_popescu
BingoBoingo: ;;later tell TheNewDeal I'm afraid I'm out of 'No' stake to sell without losing my excitement.
kakobrekla: TheNewDeal you can always ddos some pools
BingoBoingo: TheNewDeal: I'm telling you that Datacenters in the summer aren't pretty. Mix that up with Knc's generally sloppy build quality...
BingoBoingo: TheNewDeal: I'm telling you with the diff bets you have to consider the externalities.
kakobrekla: correct TheNewDeal
mircea_popescu: TheNewDeal i dunno, a bevy of pretenders
mircea_popescu: TheNewDeal "of iraq in syria"
mircea_popescu: !up TheNewDeal
mircea_popescu: hey, thenewdeal guy was pretty much spot on in theend ?
BingoBoingo: TheNewDeal: Maybe we wait a week. At the moment I think it looks like a bit like your side is more likely, but it is close to a coin flip.
BingoBoingo: TheNewDeal: I think you might be trying to complicate this thing more than it needs to be complicated.
BingoBoingo: TheNewDeal: The Bitbet.py numbers are a bit off for these new bets because it figures the new sum into the No pile.
BingoBoingo: TheNewDeal: I think something about the math you presented for your example is wrong.
BingoBoingo: TheNewDeal: Here's the present output from BitBet.py on the Bastille Day Bet http://dpaste.com/1Y574AF/
BingoBoingo: TheNewDeal: So for 0.5 BTC of my no stake you would pay 0.? BTC
BingoBoingo: TheNewDeal: I'm thinking rather than adjusting time weight which could create a bit of a pickle if a lot of large late betting acticity swoops in we consider the matter of pricing a 0.5 stake in terms of the premium or discount applied to 0.5 BTC to purchase it.
BingoBoingo: TheNewDeal: I'd actually be more interested in swapping a fraction of the no for a fraction of the Yes. If we are trading Bitcoin against the position... I'd maybe be interested in offering a bit of extra timeweight.
BingoBoingo: TheNewDeal: Assume we are hedgine and trading smaller amounts. Who would we price deciBitcoin portions of each position.
BingoBoingo: TheNewDeal: Yeah, but I usually like to survey the whole field at once. Creates a real appreciation of time weight
BingoBoingo: TheNewDeal: It's a simple tool. You past in the lines from bitbet and get the whole thing laid out.
BingoBoingo: TheNewDeal: https://bitcointa.lk/threads/is-bitbet-us-buggy.86712/#post-1492473
BingoBoingo: TheNewDeal: Do you have a more interesting tool for calculating Bitbet outcomes then?
BingoBoingo: TheNewDeal: I'm curious, are you running Bitbet.py?
BingoBoingo: TheNewDeal: It could though which is why the pricing of these things and how to do it is so important.
BingoBoingo: How do we go about pricing No at a weight TheNewDeal versus yes at a weight?
BingoBoingo: TheNewDeal: Well, let's not reveal the particular bet since we are miming what making such a deal would look like and Assume I have this position http://bitbet.us/bet/677/bitcoin-network-difficulty-14bn-on-bastille-day/#b39 And would like to swap half of the balance for a favorably priced yes position.
mircea_popescu: TheNewDeal not afaik
mircea_popescu: <TheNewDeal> but if they're bets are going to be a large portion of the gains/losses, it seems like investors would want to know what their history has been on the bets << you know investors can readily revbiew this as they're all published
BingoBoingo: TheNewDeal: Sure. That's about half of the question's answer. What of instead of BTC for positions the trade was positions for positions?
BingoBoingo: TheNewDeal: Supposed you did, because we were both looking to hedge. How would this trade work?
BingoBoingo: TheNewDeal: How do these arrangements work? Suppose I wanted to trade some of my no for your yes, how do we price these?
BingoBoingo: TheNewDeal: TheNewDeal Were you trying to trade Bastille Day bet Exposure yesterday?
TheNewDeal: updating TheNewDeal's prediction to 6.3%
cazalla: don't sweat it TheNewDeal, it's a lock
benkay: TheNewDeal: care to take a guess at when the diff will finally reverse?
smickles: TheNewDeal: awfully
mircea_popescu: TheNewDeal well yeah that can happen. it's rare
mircea_popescu: TheNewDeal becase back when bitbet was invented we didn't have an0 yet.
mircea_popescu: TheNewDeal now model a beting situation where you also have income
mike_c: so, TheNewDeal: kelly says in the simple case (1:1 bet) to bet your edge.
mircea_popescu: TheNewDeal wait what ?
mircea_popescu: TheNewDeal: jeezus mp, there 23 footnotes in this article << I'm the king of the footnotes, the references V.I.P
cazalla: TheNewDeal: they probably could but none are yet to try
mircea_popescu: TheNewDeal word. esp for lamb.
mircea_popescu: <TheNewDeal> I realize you had some troubles identifying entities that do in fact rent :D << well yeah, about a dozen orso argentine "experts" took two days to derp about with no results.
BingoBoingo: TheNewDeal: You seem to be on the more likely side now.
BingoBoingo: TheNewDeal: I am on the no side
BingoBoingo: TheNewDeal: I nearly lost my nuts to trauma and infection in May, this is a minor problem by comparison.
BingoBoingo: TheNewDeal: Not if there is a pending case against you that just won't quit...
BingoBoingo: TheNewDeal: Imma trying to get a passport
Vexual: TheNewDeal: quick as you like
mircea_popescu: TheNewDeal: did I understand this correctly that the namecoin network hashrate is sitting at about half that of the bitcoin network? < it's mergemined
mircea_popescu: TheNewDeal: "Mr Kyle lost Kylemax IPO funds, will he be dead or alive in 8 months?" << that ain't gonna work.
mircea_popescu: <TheNewDeal> does anyone have any intel on who created the WTI bet / why? << intel ?
TheNewDeal: I'm going to put out TheNewDeal's current prediction of 6.9% increase
peterl: TheNewDeal: I think it was me you are thinking of with the gpg signed letter
bitcoinpete: TheNewDeal: 45.239 Phash/s… but how?
mike_c: TheNewDeal: true.. but i am seeing the same numbers as you. 45 ph/s
mike_c: TheNewDeal: mergemining
bitcoinpete: TheNewDeal: lol def someone else
bitcoinpete: TheNewDeal: such as… ?
bitcoinpete: TheNewDeal: lmao!
bitcoinpete: TheNewDeal: 3g/4g always gives fresh ip addresses me thinks
bitcoinpete: TheNewDeal: ya and a bunch of hashpower skipped down like 2 hours before the reset
bitcoinpete: TheNewDeal: more and more :D
mircea_popescu: TheNewDeal: are you a bot? <<< ahahaha epic. was waiting for it :D
mircea_popescu: ;;later tell TheNewDeal if the network hovers at let's say, 1.1 %/day growth, what will be the hash rate on October 1st << what's wrong with 1.0011^x like sane people ?