log☇︎
763600+ entries in 0.529s
kakobrekla: i guess the bigger point was the insignificance of altcoins
kakobrekla: or as asciilifeform put it , invent the parachute before the jump
kakobrekla: better find it now than in 121 years
kakobrekla: i think this may be the first useful thing that came out of altcoins
kakobrekla: ;;later tell mircea_popescu ^^ since we were speaking of block reward going to 0
kakobrekla: ok lel this
BingoBoingo: I'll get to shooping
kakobrekla: hm i dont have that one, just garr sucking off inaba
BingoBoingo: Only post is by kakobrekla, a photoshoop of Thermos sucking off a Gar
ThickAsThieves: the text after the graph is sweet too
ThickAsThieves: thanks for showing me TLP folks
ThickAsThieves: The trading activity itself-- the frantic activity-- keeps the rest of reality away. You're not your job-- you're something else. You're not your family, you're more than that. Things have the potential of possibly happening someday, and no work will have been necessary to accomplish it. Just you wait.
ThickAsThieves: because the strategy does not involve market timing or status updates, it is on autopilot, and there's no "i" in autopilot. Well, there's one, but it doesn't stand out.
ThickAsThieves: The mistake is in thinking this has anything to do with the money. It's said that most at home traders fail, but this is incorrect: they fail at making money, but they are successful at feeling like a trader. That is the goal; the money is secondary, which is why they fail at making it. The buy/hold/reinvest the dividends strategy of Buffet is totally opposite to what's desired,
kakobrekla: Same transactions and everything. DO NOT DEPOSIT. Visit http://bitcapital.co/ for the legitimate ponzi.
kakobrekla: SCAM SITE. HE JUST RIPPED THE HTML FROM MY SITE BITCAPITAL.CO
BingoBoingo: This is the rebuttal to http://log.bitcoin-assets.com/?date=01-03-2014#540148 I offer the valuable service of reading Trilema so other people don't have to ☝︎
BingoBoingo: Seriously nice walkthrough of why betting both sides and betting constantly is the best way to bitbet.
ThickAsThieves: Employee of the Month!
BingoBoingo: I have trouble believing this wasn't linked yet http://trilema.com/how-to-cancel-your-bitbet-bet
Duffer1: you can't buy calls/puts for that and just buy some btc?
TestingUnoDosTre: heres my thing. i own mmm stock, want to a decent position of btc. this position is meant to hedge the scenario
TestingUnoDosTre: i want to HEDGE. very different
deadweasel: i'm unaffliated with this bizness
TestingUnoDosTre: i understand the nature of weighted but there are market changes that could influence the results. what are my options?
ThickAsThieves: 5, too supportive
kakobrekla: anyway, now that we have come to the end of this support ticket, i will kindly ask you to leave feedback for our internal purposes. how slanderous / rude did you find our support experience?
ThickAsThieves: you know it's actually more beneficial to you to bet your full intended amount to start with
ThickAsThieves: youve been told every way what to do
kakobrekla: they will prolly see your line in the logs, not that it magically adds numbers to your initial wager
TestingUnoDosTre: so can you explain to amod that i intend to bet more, depending on how the market interacys with the bet?
kakobrekla: not really but you can speak to me
BingoBoingo: Is the future of 3M really that big of a deal?
kakobrekla: well the mods decided that it does not qualify apparently.
TestingUnoDosTre: and my wager was way more than most bets start with
kakobrekla: if the amount is too low for it to pass moderation, well that sucks then.
kakobrekla: well think about on how much you are willing to lose for your hedge and see what the market sez
TestingUnoDosTre: i know i would lose it all, thats why I want to start small
kakobrekla: if you lose, you lose it all in all the cases
TestingUnoDosTre: otherwise if theres no interest, i could get rocked
TestingUnoDosTre: my trouble is this. im willing to wager more as the bet develops, but .5 btc is more than most bets start with. i want to gage interest, see if theres an actual good payout, and wait maybe a week or few before i add more to the bet
benkay: on an entirely different topic, new site is up. http://survantjames.com
kakobrekla: hi TestingUnoDosTre , which part of the mods reply > "Rejection reason: Consider submitting with substantial paid wager given peculiarity of proposition" you have troubles with?
Duffer1: thickasthieves the article was terrible, was just pointing it out to MP if he needed something to hate on
benkay: relevant to your interests is all, BingoBoingo.
BingoBoingo: benkay: For the purposes I am looking for on the Betbet, I need to see unit patches and other things that affiliate these "Russian Soldiers" with units of a regular army. The backops unaffiliated, noncombatants (as per the Geneva convention definition) can't resolve that bet as yet.
benkay: but you'd want to bother mircea_popescu or kakobrekla until they satisfy your curiosity
benkay: help? that's not really how bitbet works most of the time.
TestingUnoDosTre: who can i talk to about this bet that will actually help out?
TestingUnoDosTre: it has to do with hedging a position...
ThickAsThieves: is this a hedge or something?
benkay: the more you throw down the bigger the attraction on the other side, right?
TestingUnoDosTre: if I just throw 2 btc out therr, im afraid no one takes interest until too late
ThickAsThieves: you might get a TSLA bet thru
TestingUnoDosTre: theres no reason i wont bet more, but I want to gage interest
ThickAsThieves: basically bitbet is saying your bet is lame, but if you back it theyll list it
benkay: anyways, ThickAsThieves has it on the nose. mods say submit with substantial wager.
benkay: yeah there's that approach
benkay: TestingUnoDosTre: you gotta try harder, frere.
benkay: all from the link
benkay: To make a long story short : there’s no way to obtain a price feed that could be relied on, currently.
benkay: bitdaytrade-esque failure and Jesse’s enthusiastic support of the well known and universally reviled Jared Kenna scammerx. There are some others out there, and they pop up and down like flies.xi
benkay: Even if one were to roll their own index : BTC-e is a rather dubious venture, still fondly remembered for their involvement in NovaCoin, the original altchain scamcoin and spotty reports of selective scamming. Bitstamp has two thumbs down from Matic for reasons I don’t fully grasp but then again I don’t really need to in that circumstance. I wouldn’t trust Kraken to hold as much as my spit, especially after their recent
ThickAsThieves: whats the big question, doesnt it say to include a bet sum to get it accepted?
TestingUnoDosTre: who is the authority to ask?
TestingUnoDosTre: that link is about MPoE options and counterparty risk, which thishas very little to do with. amiright?
benkay: the easy answer is probably just to use bitcoin-central, but that'd just reek of cronyism.
benkay: you should probably ask the relevant parties as indicated in the trilema piece.
benkay: did you read that link?
benkay: other bets dependent on btc price were *placed* before feeds were found to be useless. your bet was placed after feeds found to be useless. your bet is rejected probably because now the mods know the price signal is fucked. previous bets were not because nobody knew the price signal was fucked.
benkay: bet opening dates, TestingUnoDosTre.
TestingUnoDosTre: the bet ends two weeks early
benkay: well your bet comes after the data feeds are found to be useless.
TestingUnoDosTre: theres bets with btcs usd price on the website all thr time. can you expand?
artifexd: Thanks benkay. That was exactly along the lines I was thinking.
benkay: TestingUnoDosTre: read this http://trilema.com/2014/mpoe-february-2014-statement/
artifexd: So the bet outcome is determined by two (possibly compromised/influenced) feeds?
artifexd: And there is a place it is priced in BTC?
TestingUnoDosTre: stock ticker MMM is 3M company
TestingUnoDosTre: MMM / BTC above or equal to .2 on May 3 2014 Rejection reason: Consider submitting with substantial paid wager given peculiarity of proposition
TestingUnoDosTre: Hey I need some help with a proposed bitbet that was rejected
wao-ender: looks like information escalation, lot of folks calls this like ww3.. overrated.
wao-ender: r> oh and there's a russian warship docking in cuba now, mysteriously
benkay: ;;later tell mircea_popescu just answering this nonsense: (<ThickAsThieves> benkay only dates WoW sluts) with some of my own
asciilifeform: 'Filtration System, a Marvel to Behold! It Removes 80% of Human Solid Waste!'
asciilifeform: re: raspberry pi: the news item is - a sham ☟︎
ThickAsThieves: Duffer1, that article is poor. He begins painting a picture, but then he won't show us the finished piece.
Duffer1: mircea_popescu if you're looking for an article today http://www.nytimes.com/2014/03/01/opinion/nocera-the-bitcoin-blasphemy.html?hp&rref=opinion
mircea_popescu: copumpkin im not in a position to dick with it right nao.
copumpkin: mircea_popescu: did that one work?
mircea_popescu: auto insurance is great insurance to have, too, because you end up with just as much float as disaster, but much less risk.
BingoBoingo: Well, Buffet generally bets slow and safely. I mean buying the trains was a great move on his part.
mircea_popescu: anyway, not entirely accurate. numerous times people benefited, sometimes immensely, by betting against the us.
mircea_popescu: who's to know, he was right before.
Duffer1: how far the mighty have fallen
mircea_popescu: to the degree he sounds trollish, even
mircea_popescu: ahahah gotta love the fact that a 90 yo guy in nebraska is pretty much the only one left still believing this.
mircea_popescu: embedded in our market economy will continue to work its magic. America’s best days lie ahead.
mircea_popescu: country’s present condition to that existing in 1776, you have to rub your eyes in wonder. And the dynamism
mircea_popescu: Indeed, who has ever benefited during the past 237 years by betting against America? If you compare our