739300+ entries in 0.489s

ozbot: Smartass kid
test answers - Imgur
novusordo: i'm sure if you message Michail1 while authed, he'll remove
the rating
novusordo: you can message nickserv "set enforce on"
to automatically kick people off your username after 30 seconds if
they haven't authed
bitcoinpete: this Michail1 must be protector and defender of noobs
then
bitcoinpete: i
thought people knew better
than
to work with unauthenticated people
novusordo: sounds like someone's using your nick
to scam others while unauthenticated
bitcoinpete: not yet, but you're right,
that's
the first
thing
to do
bitcoinpete: seems
this guy is a nicksquatter patrolman of sorts
MisterE: -assets should fund
the space elevator!
ozbot: Fruit Salad
Tree Company | Home
nubbins`: anyway, one more link
then bed
MisterE: some future costs can be paid from
that fee
though iirc
MisterE: rather like
the concept
tho
MisterE: in
thailand your fee is a percentage of
the damages you seek
the20year1: There have been courts historically who charge
the plaintiff large fees
to file a case
nubbins`: seems impossibly foolhardy in retrospect, but
they were simpler
times
nubbins`: bounce: generally historic courts did not impose a 10btc fee on
the plaintiffs, only 9btc of which will be returned in
the event of a win.
kakobrekla: ona day he has all btc,
the next none,
the
third some,
the fourth all again, but on
the fifth it seems all is gone.
bounce: you know,
there's a long history of (non-bitcoin) courts and such, and also a long history of abuse in various forms. question
then is why and when doesn't such a system get abused (or at least not
too much, and
then what is
this not
too much you speak of)?
nubbins`: ketchup and plastic film are
two products where i always spend extra
to get
the name-brand stuff
nubbins`: haven't
tried ketchup from scratch yet ;D
the20year1: Did you know
there are 3 grades of ketchup?
nubbins`: "i got a loan and paid it back" is just another way of saying "i'm not going
to pay back
the first loan
that's big enough"
nubbins`: so do something
that'll make people
trust you :P
MisterE: kakobrekla: yea
thats where I got
the idea
MisterE: I just want
to get my rating off
the ground
nubbins`: i don't
think borrowing and repaying is a particularly good way of building
trust.
the20year1: and out of
that, among
the 450ish users, some should be on irc & btct
kakobrekla: re borrowing, yeah bitcoinpete just did
that a day or
three ago iirc
the20year1: Lucky for me,
the bulk of my investors aren't on either, however it'd be good going forward
to have good ratings on both
MisterE: if you have
to shoose get rated by people here
the20year1: i'm sure
the best answer is 'get both' , but i'm coming
to realize
that
trust is good, it might save me some cash over
the next 2 months
MisterE: users here are
the
top of
the pyramid
nubbins`: the20year1: if you ask people on irc, -otc. if you ask people on
the forums,
the forums.
MisterE: I habent read yet but
this is BTC arbitration?
the20year1: As far as user
trust goes, what's more important btc-otc or bitcointalk?
MisterE: frivolous suits are weeded out
that way
MisterE: fees are always
the plantiff's burden
nubbins`: at least if
there's no fee
to register a defence, he's got nothing
to lose by participating
nubbins`: having
the defendant pay 10btc creates a strong disincentive
to participate
nubbins`: rota was a fine idea but just incorrectly structured from
the start. it'd probably still be going if it was set up
the way i've outlined ;D
nubbins`: i don't
think
there are any problems left ;D
MisterE: bitcointalk is
there
the whiners are
nubbins`: solving all of
them at once, really
mircea_popescu: i
think perhaps you may be optimising for a differen
tproblem.
nubbins`: tell me if people wouldn't be encouraged
to solve
their own problems rather
than whining
to btc dad
nubbins`: now
tell me if people would be bringing frivolous claims
to a court set up like
that.
nubbins`: 1btc immediately goes
to judges fund
nubbins`: if some asshole sends 100btc
to mpex for no reason and wants
to rota it, he pays 10btc, you pay 0btc.
MisterE: sorry I came in late in
the chat
mircea_popescu: MisterE was a self-nomination
thing, originally. see
the article
MisterE: who picks judges and where
they come from?
nubbins`: the 1btc -- and nothing more -- always goes
to
the judge fund
nubbins`: if defendant wins, he gets
the 9btc.
nubbins`: they don't make shit until
their contract is up
mircea_popescu: do
they make 3 btc if defendant wins, and 0 if plaintiff wins ?
nubbins`: you want
the rota
to solve your problems for you, it costs you 1btc.
mircea_popescu: plaintif wins. gets 10 btc back. who pays
the judges ?
nubbins`: so you remove
the defendant's fee, which solves
the problem you identified where mpex gets bled dry, and you make 1btc of
the plaintiff's fee non-refundable, which solves
the payroll problem
mircea_popescu: sure. but
the problem was hardly
the incentive structure.
mircea_popescu: nubbins` no dood. 2parties contribute 10 btc each.
the winner gets his 10 btc back
nubbins`: i can almost hear
the gears
turning from here... although it could just be
the cat snoring ;(
nubbins`: if you buy a can of coke here, you pay eight cents recycling deposit. you bring
the empty can back, you get five cents.
nubbins`: all
the more reason
to avoid frivolous claims, no?
nubbins`: so
the plaintiff's 10btc fee is refundable
to 9btc if he wins.
mircea_popescu: that fat
tail ended up costing a pretty penny, but hey.
mircea_popescu: i was privately underwriting
the risk
that judges may not get 30 cases/year
nubbins`: anyway, unless
that 30btc was supposed
to come from
the leftover 1btc of
the losing party's money (30 cases per judge per year!), i can only imagine
that you were privately funding
the judges' salaries
nubbins`: unavoidable pff, bitcoin is here
to replace &c &c.
nubbins`: well, how were you planning
to pay
the 30btc?
mircea_popescu: and im merely arguing
that since every
top job out
there pays a salary + bonuses,
that model is unavoidable.
nubbins`: anyway, you're arguing
that salary doesn't work because pay-by-the-hour makes it seem like less of a chore
joecool: i had a case some years back
that was delayed nearly 2 years because
the judge assigned was waiting for his retirement request
to finalize
nubbins`: he knows
the workload involved when he signs up. once all judges are booked up, you have a backlog.
nubbins`: say a judge has
to
take 30 cases a year or w/e for his 30btc
nubbins`: but hey, USA has a
thousand magistrate judges for a reason
nubbins`: workload would be
the obvious one
mircea_popescu: such as judges no longer actually wish
to judge. it becomes morel ike jury duty
mircea_popescu: everyone with
their head in a box, X-coin Y-coin blergh
nubbins`: maybe
the defendant doesn't have
to pay a fee because we're not paying
the judges per-case anymore
nubbins`: i can't keep up with
them, you
tell me :D