690600+ entries in 0.431s
mircea_popescu: yeah dude,
they should break up
their
thing for your comfort. god forbid
the fucktarded miners all gather on one pool shouls smarten up.
mircea_popescu: Not closing registration as
their pool is approaching a (visible) 51%
mircea_popescu: "...but
there is also additional circumstantial evidence
that GHash.IO have bad actors:
mircea_popescu: and do you remember
the hungarian lolset back in 2012 ?
mircea_popescu: Naphex: Posts about people paying 28,000$ for mining equipment and still not delivering weeks after deadline. is it just me or
thats a hell of a lot money
to be pissing people off for << not so lulzy.
they're not even
the first romanian bunch.
Vexual: definately was
the phrasing on inspection
Vexual: if you
think you are a state you prolly are a state, skinner said
that
mircea_popescu: not a very good
take-down, in retrospect. scofield says "laid flat" and it serves.
Vexual: ill leave it
to
the gods
mircea_popescu: Oh? And when
the last law was down, and
the Devil
turned 'round on you, where would you hide, Roper,
the laws all being flat?
This country is planted
thick with laws, from coast
to coast, Man's laws, not God's! And if you cut
them down, and you're just
the man
to do it, do you really
think you could stand upright in
the winds
that would blow
then?
☟︎ assbot: Man Planning
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BingoBoingo: ;;later
tell Vexual What were you wondering about it?
assbot: BitBet -
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the 2014 Stanley Cup :: 0.06 B (33%) on Yes, 0.12 B (67%) on No | closing in 2 days 20 hours | weight: 1`965 (100`000
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gribble: Bitstamp BTCUSD
ticker | Best bid: 644.61, Best ask: 645.99, Bid-ask spread: 1.38000, Last
trade: 644.61, 24 hour volume: 13320.94152466, 24 hour low: 621.86, 24 hour high: 654.9, 24 hour vwap: 641.286188847
mircea_popescu: curious if you'll manage
to get
that past
the missus, at any rate.
benkay: and i'll be not displeased with my work if
they accept
that
they'll need
to start at
the bottom
to boot.
benkay: i'll be lucky if one of mine is qualified
to and interested in
taking on any position in my shop.
benkay: "but if we just put
the effort in,
the kid will be!"
mircea_popescu: most kids aren't worth
the hassle people put into
them by a long shot.
mircea_popescu: course
these days people
tend
to make
the converse mistake in
their personal life
benkay: <mircea_popescu> my father didn't have
the wisdom
to see
that, and it nearly cost him his life.
the us isn;t in a much better position really. // i'd love
to hear
this story sometime.
benkay: there are worse dragons
to slave for.
mircea_popescu: it's just a hard
thing
to grasp
this,
that
the
thing can't even walk and yet it's a dragon, which you aren't, will never be etc.
mircea_popescu: my father didn't have
the wisdom
to see
that, and it nearly cost him his life.
the us isn;t in a much better position really.
mircea_popescu: this is like
that case of a
three year old
that';s so far smarter and better
than you
that your only hope as a father is
to slave and serve it on your knees
mircea_popescu: the problem isn't
the us being inimical
to btc.
the problem is btc being inimical
to
the us.
mircea_popescu: <benkay> perhaps
the usg isn't as inimical
to btc biz as i'd previously gathered << where'd you gather
that ? reddit ?
mircea_popescu: ie, "but you've signed here
that you won't do
this
thing you're doing"
mircea_popescu: benkay, well because if he does an ipo now he'd be roughly in
the situaiton of karpeles
mircea_popescu: but i doubt he had much of a future as an issuer anyway, at least on
the short
term
mircea_popescu: and closes his past (at
the dubious cost of his next five years)
BingoBoingo: Well, he basically avoided
the gasenwagen by buying
them a BMW
mircea_popescu: and as
to why he ponied up, probably bcause it's a laughably small sum, it gives
the sec something it already had (i doubt any us citizen can sanely argue
that
th eauthority of
the us govt and its agencies doesn't extend
to him)
benkay: perhaps
the usg isn't as inimical
to btc biz as i'd previously gathered
benkay: huh well
this makes me happy
mircea_popescu: asciilifeform, he had enough sense
to listen
to me when i
told him how
to do
the buy back.
BingoBoingo: asciilifeform:
That spam
thing well preceeded S.DICE
benkay: <mircea_popescu> in general
the fewer customers you have
the better your product can be // incidentally,
this is why i love consulting. customers are
typically n=1 where n
trusts me and my boys
to deliver - which we do. in spades.
benkay: wait am i reading
the logs correctly? voorhees is only in
trouble over
the off-mpex 'ipo'?
mircea_popescu: so i guess htey made at least one friend with
the process.
BingoBoingo: mircea_popescu:
This
time
though /. did
that
thing where
they
traded actual links for abc new
assbot: Want
to buy a jail, never used? Submit your proposal for Portland’s Wapato by June 4 | OregonLive.com
mircea_popescu: i
think when we finally enact
the new world order we make him chairman of
the fed.
mircea_popescu: dub: he's outside refueling
the side curtain flamethrowers on his BMW << dub is such a bland kowtow character
mircea_popescu: which is why
they're seed bets.
the idea is
that
the players will even it all out.
mircea_popescu: as long as management is concerned, seed bets just have
to add up
to .1
mircea_popescu: i don't do it personally, and
the mods just get
to have fun. i hold no particular audit of
their success. i guess some
try
to beat
the game or w/e, i personally don't care, and
that's where
the incentive structure starts.
punkman: but besides
that, wouldn't it be more work
to approve 30 single bets
than 1 30-way bet?
mircea_popescu: there's no corectness involved, bitbet doesn't make any effort whatsoever
to split
the seed correctly.
mircea_popescu: punkman, why do you
think it's harder
to seed "correctly" ?
mircea_popescu: asciilifeform: for skeptics: usa is
the country where
they burned
trainloads of grain during 'great depression' -
to keep prices high << actiually
the entire "steal
thje gold" 1930
thing was specifically and declaredly destined
to "increase grai nprices"
punkman: considering a 10-way or 30-way bet,
that is sure more work for bitbet mods
to seed correctly. So I guess we won't see multibets until
there's just
too many single bets covering
the same events
mircea_popescu: but anyway : in principle multibets should be reducible
to multiples of single pair bets.
mircea_popescu: n owinner is unlikely. i mean, is a bet
that nets you 10kx your bet unlikely at 9900:1 odds ?
punkman: yeah I suppose it'd make sense
to
throw
tiny amounts at all unlikely winners
mircea_popescu: but
that aside, a parimutuel situatiuon where nobody bets on a possible outcome is not economically probable.
mircea_popescu: calculating
the odds becomes more complicated. also, "nobody" bets on a winner is impossible, bitbet seeds all bets.
punkman: also a hypothetical, if you have a multibet and nobody bets on
the winner, would
the house
take it?
punkman: mircea_popescu: so what's
the mindfuck with multi bets? I feel more mindfucked by
trying
to find N related bets
mircea_popescu: <mike_c> maybe
they would do well as a bitbet affiliate << worth a shot.
mike_c: same way.. just should be close
to 50/50
punkman: how
the fuck do you do parimutuel spread bets?
mike_c: i wouldn't kill
too many brain cells
trying
to figure it out.
punkman: so
this bitbook guy is generating propositions automatically, and for some reason prefers
to make N binary pools
punkman: tried
the logs for previous discussion but couldn't locate
punkman: why is it
that bitbet only does binary propositions?
mike_c: maybe
they would do well as a bitbet affiliate
punkman: yeah because when you got a working gambling operation, you want
to send people
to other places
mike_c: oh,
they mean
they will be
the affiliate for other people
punkman: davout, "It's
too early
to monetize, but when we do, it will probably be
through ads or affiliate programs."
dub: 20 minutes is litecoin
territory,
theres at least 8 hours sleep between my blocks
davout: i'll find my way
to
the door
davout: has
to wait at least 20 minutes before he can double spend
davout: the average human is
the exact opposite of bitcoin
dub: next,
the first double spent virginity?
gribble: The expected
time between blocks
taking 1 hour and 0 seconds
to generate is 1 week, 6 days, 21 hours, 13 minutes, and 54 seconds
davout: paying for sex with bitcoin is ok as long as you're not done before
the
transaction has confirmed
mike_c: including
the part where he lost his virginity
mike_c: whoa,
that could actually be a first