log☇︎
73300+ entries in 1.004s
Luke-Jr: the unit was advertised to have 16 H-cards, but the unit as delivered had a bonus H-card. it's still a unit.
fractal: Luke-Jr: What they delivered doesn't change the fact that the UNIT as advertised (1M-board, 16H-cards, 1R-Pi) doesn't do 400Gh.... thats what the bet is about...
Luke-Jr: fractal: they delivered MORE than that as the unit. that's just getting better specs.
fractal: Luke-Jr: Unit as advertised is specifically 1M-board, 16H-cards, 1R-pi. this UNIT does not do 400Gh
fractal: Luke-Jr: however, the bet language states that the 400Gh UNIT must perform as advertised, and it only does 365Gh.
fractal: Luke-Jr: thats ok... but the hardware didn't perform as advertised, so the bet would be a NO.
benkay_: and will be what sticks in this case as well.
fractal: No. My goal is to spread word on the forums about the bitbet fraud, and then launch an exact clone of bitbet.us with 0% fees. I will then short BBet on MPEX and profit as it dwindles to zero.
benkay_: fractal: what's funny to me is that you're the only person arguing the "as advertised" clause supersedes the bet definition.
fractal: if it didn't say 'as advertised' thats a different story
fractal: [00:26] <fractal> jurov: thats not what the bet says -- it says as advertised [00:26] <fractal> jurov: AS ADVERTISED>. everybody seems to miss the AS ADVERTISED part [00:26] <fractal> 1 M-board, 16H-card, 1 R-pi. thats 1 unit. if that hardware doesn't do 400Gh, the bet is a no
fractal: anything else is NOT a unit AS Advertised
kleeck_: We are looking into a partnership with Dealco.in as well. So you could find where to trade for coins at a reasonably price and near the best priced hooker, all through one service.
VanCleef: but as an investor isn't it retarded to put 100% of your weight into bitcoin?
mircea_popescu: ThickAsThieves this will be unpleasant to hear, but as far as i can tell if your fambly won't follow you to the ends of the earth you don't have a fambly.
mircea_popescu: as there's never a shortage of retards.
VanCleef: as long as my bank account is full, who needs respect
ThickAsThieves: so much as aggregation of news
mircea_popescu: thegenesisblock is way past that point as best i can determine.
ThickAsThieves: also kinda bad to have it up for sale as an obvious loss
mircea_popescu: well yes, same as always
ThickAsThieves: i hear it as "make sure you take a hard look for oppurtunities when there is blood in the streets"
kingofsports: dont be an ass, free to share my thoughts just as u are.
thestringpuller: no matter what it will always pay dividends as shareholders are not liable for the bot, bond holders are
bloctoc: and "will always go up" doesn't make sense as a business reason
userioao: mircea_popescu: you still list my name as shill on u website
mircea_popescu: started as ambitious kid, got slowly worked into a shade.
mircea_popescu: so my mother came by. she's brought me one of each of all the cakes i liked as a kid.
Namworld: "Another program, codenamed Cheesy Name, was aimed at singling out encryption keys, known as 'certificates', that might be vulnerable to being cracked by GCHQ supercomputers."
dub: whereas the US has an industrial scale racket keeping average joe dumb as dirt
ThickAsThieves: dota 2 as well
mircea_popescu: ThickAsThieves just as long as it stays in the generally-unverifiable format of "not being a scam" right ?
mircea_popescu: Namworld as if anyone asked them lawl.
Namworld: "The NSA describes strong decryption programs as the "price of admission for the US to maintain unrestricted access to and use of cyberspace"."
pankkake: it's a sensational title. actually, I take it as good news because of "They're doing it primarily by cheating, not by mathematics."
jurov: such as “expects” and similar expressions are intended to identify forward-looking statements.
dexX7: mircea_popescu: you as mr. everything-is-scam :) were you surprised after realizing actm is real?
mircea_popescu: because ac comes before as in an alphabetic listing.
kleeck: I think you're right though, ThickAsThieves. They're building anticipation and then going to drop the news as tightly to the launch date as possible.
kleeck: As if power draw will simply scale linearly.
dexX7: as soon as possible
thestringpuller: i get that, I was just bringing it up as a pathway
mircea_popescu: it dun work. you want to make it as a whore the first thing is dropping your idiotic preconceived notions
mircea_popescu: i'm discrediting the false beliefthat you can make it as a whore through the oblique way of "singing"
thestringpuller: you're at a party with Jay-Z and you compliment his baby through song, and he decides to pick you up as an artist
ThickAsThieves: they are not mega huge as a label, you'll likely get a mail order guy on the phone
ThickAsThieves: he says Thick As Thieves in that song too
mircea_popescu: such as you sign "I agree" and then someone keeps this for ten years and brings it up as your supposed agreement to test his lemonade.
mircea_popescu: chsados__ the one concern is where you sign what appears to you as an innocous message that is then misinterpreted by someone.
mircea_popescu: chsados__ same principle as gpg sigs from what i understand
mircea_popescu: easic is still puff as far as anyone knows./
BigBitz: now this..... it'll bubble as people go OMGWTF news.
Rulother: as they say
ozbot: Bitcoin Spawns China Virtual IPOs as U.S. Scrutiny Grows - Bloomberg
Rulother: http://www.bloomberg.com/news/2013-08-20/bitcoin-spawns-china-virtual-ipos-as-u-s-scrutiny-grows.html
kleeck: "We have investigated a few operators of online scams and reached out to four in particular that have requested to remain anonymous. Two partnered in running a currency site that is now shutdown and will be interviewed from behind bars. The other two are involved in a new type of cyber currency and agreed to talk with us as long as details were edited out to their satisfaction. We expect to start
gecko_x2: my job is to be drunk as often as possible :p
ThickAsThieves: as the flavor doesnt stay in the coconut well
ThickAsThieves: labcoin "As we already stated, chip documentation isn't ready yet for public distribution.
Rulother: I only ask as I'm cooking for this vegan chick tonight :P
ThickAsThieves: ignore socks, people that may as well be socks, and people that say so many retarded things that i remember their name
ThickAsThieves: shouldhave way more action for as much volume of trading and gabbing labcoin has
kakobrekla: and are using bit4x as cold storage
pankkake: another solution to the issue is http://web.monkeysphere.info/ - as dead as namecoin though
gribble: You are identified as user smickles, with GPG key id EA62D7CEB2450C3F, key fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6
kleeck_: As you can see I've thought this one through.
mircea_popescu: i take this as a small penis joke.
thestringpuller: so pretty much the mining companies will have to invest in other things instead of mining (as warren buffet did in lieu of textiles)?
Rawted: shady as all hell, and impossible for US based traders to get their money out.
mircea_popescu: ThickAsThieves that's actually the correct counterpoint. they aren't REALLY infinite, as they can't be. they just seem that way.
mircea_popescu: benkay also known as the infinite hitpoints problem.
mircea_popescu: i think as time goes by the incentive to split is getting strongert and stronger
mircea_popescu: it seems indeed Jeff Rupley moved in january of this year as "Principal CPU Architect" at samsung austin r&d
mircea_popescu: the one hit on arstechnica.com is from the cyruss bitcoin guy, which incidentally may end up an ugly mar on his reputation as afair he was quite well researched
mircea_popescu: this would prevent prices from going up, as you can't use your supposed dollars.
mircea_popescu: pankkake t'as vu "des pissenlits par la racine" ?
mircea_popescu: if they hadn't the us govt would simply pretend like there's no inflation, but you just can't spend your dollars sorry. they ARE doing it in any other field where there's no easy recourse, such as for instance employment.
mircea_popescu: anyway. because the us govt can't be taken seriously, the financial world has settled on the non-us held dollar as the measure of dollars,
thestringpuller: Lol I'm using Bitcoin as savings
rulother-tab-: As in dragon con?
bobbabad: with QPF chips, such as AM's that dont have an exposed heatpad, you never put a cooler ontop of the chips?
jurov: yes i did use them once as backing
ThickAsThieves: why the same, do you actually use those as underlying?
jurov: ThickAsThieves: to be the same as MPEx IDIFFs
thestringpuller: you come up with just as good of insults as mr. popescu
dub: feel free to quite as long as you include verbatim: "I can't use google, please do not pay me"
benkay: another one i've always found similarly amusing and less idiotic: have a giant sheet of aluminum zipping around up in orbit. lob payload over it, and as payload clears apogee the film goes zipping by underneath. magnets in the payload set up eddy currents in the strip of aluminum, providing the forward oomph to accelerate payload. repeat with several more strips.
benkay: apropos only of oddball methods of achieving orbit, this one made me chuckle: you fire your payload directly up into the path of a passing payload-catcher, which opens its payload-catching bay at precisely the right time to accept your payload without losing a terrible amount of the gas in the bay, and closing the door behind the payload. payload compresses gas in intake bay as form of shock absorber.
mircea_popescu: might as well do a rocket in the first place.
jurov: as far as i see
mircea_popescu: 's why you can't be double jeopardied , even if it's fucking clear as day that you dun it.
mircea_popescu: bets aren't annulled due to poor language. that's part of the sandbox. they're resolved as best can be.
Diablo-D3: bitbet should have never accepted it as a bet to begin with
fractal: It says the 400Gh UNIT as advertised must be 400Gh and under 400W
fractal: Diablo-D3: Apparently they are going to ship out more hardware to make up for missed hashrate -- but that doesnt change the fact that the unit as advertised misses performance
fractal: fraudlent actually... this will certainly affect Bitbet's image, as I'm writing a long and drawn out forum post right now
fractal: exactly.... It's absolutely unbelieveable that the bet was passed as a yes.
fractal: so, as shipped, it didn't meet performance targets
fractal: Diablo-D3: yes, but as per the bet -- The hardware missed performance targets.
fractal: This is what was advertised as a 400Gh 'UNIT' -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"