log☇︎
765000+ entries in 0.469s
mircea_popescu: someone betting after the event is known seems something.
wbaw: you really shouldn't still be accepting bets, it's just to take fees for nothing or skew the odds
mircea_popescu: anyway, don't sweat it, i'm sure you'll have it by tomorrow, whatever it is.
wbaw: except this one
mircea_popescu: yeah but once you'll graduate to restaurants you'll maybe notice you order and then wait
wbaw: when i pay for a burger at mcdonalds they usually give me one
mircea_popescu: huge companies they are everywhere, but still, much in the way mcdonalds is a huge company :
wbaw: they're huge companies here in the uk
mircea_popescu: where the cash checking and pond shops are
mircea_popescu: generally all those i've seen are dingy affairs in the poor parts of town,
wbaw: you need the details of the bet
wbaw: mircea_popescu, they keep a record of all the bets
mircea_popescu: and to take this full seinfeld, what if you accidentally get triple-action moisturizer with uva on your ticket and now it's illegible ?
wbaw: there are 5 or 6 within a short walk, but i think william hill is the only one that takes random bets like this
mircea_popescu: but that may be farther away.
wbaw: then i go to a shop with more staff
mircea_popescu: and what if there's a queue ?
wbaw: when the result is known
mircea_popescu: so what if you get caught in traffic ?
wbaw: and they pay out
wbaw: i go to the shop
mircea_popescu: Duffer1 that's basically why people need lawyers for. average joe can't possibly summon all the needed gall for even trivial legal proceedings
mircea_popescu: so you go to the shop around the corner and what happens ?
Duffer1: i know, i'm just shocked at the gall
mircea_popescu: Duffer1 not really in their interest to include everything.
wbaw: how official does it need to be if their company lawyer announcing it outside a court isn't enough?
wbaw: and he has a shop around the corner from me
wbaw: i'll ask william hill next time
wbaw: at least its a warning not to use the site again & stick with reputable bookmakers
mircea_popescu: hey did they close it yet ?
wbaw: it's an hour since the announcement
mircea_popescu: uh what happened to this thing
wbaw: and not let people bet after the outcome is known
mircea_popescu: wbaw you know they'll refund bets that are late anyway
wbaw: and trustworthy
mircea_popescu: this is now the revolving window of finance and government.
wbaw: jurov, could you bet on a football match after the result is known?
wbaw: ... Yes prevails if there is an official announcement of the end of operations
wbaw: TOKYO—A lawyer for Mt. Gox announced at a news conference at the Tokyo District Court that the embattled bitcoin exchange was filing for bankruptcy protection and that Mt. Gox had outstanding debt of about ¥6.5 billion ($63.6 million).
mircea_popescu: anyway, jurov pretty much has it i think.
mircea_popescu: Apocalyptic for instance the bitcoinica executors, couldn't care less about the btc.
jurov: ianal, though.
jurov: Listing BTC that are left on the papers and trying to pay them out would be Karpeles goodwill attempt, nothing more.
jurov: Apocalyptic: why irrelevant? bankruptcy law applies only to fiat, it says nothing about BTC. Attempts to shoehorn BTC in there can be disastrous.
Apocalyptic: <jurov> if i had usd-only position at time of bankruptcy // that's kinda irrelevant
Apocalyptic: <jurov> and even if, what is the fair btc price here? // hard to find a definitive answer here, but you can still can pick a reasonable one
jurov: and let them do their job
jurov: yes, put the link into bitbet comment
wbaw: that seems to satisfy the bet?
kakobrekla: mods close the bets when it needs to be, you can leave them a message on bitbet comments
wbaw: so is the bet closed or what?
kakobrekla: o look, now you are on two of my screens :)
jurov: and even if, what is the fair btc price here?
jurov: if i had usd-only position at time of bankruptcy, why should i share my claim with people who had btc-only positions?
Apocalyptic: mircea, wasn't aware, what case are you referring to ?
jurov: that has potential to create a mess
Apocalyptic: they wouldn't need to get them, just price them in the liability sheets
jurov: where would they get bitcoins to resolve liabilities otherwise?
Apocalyptic: jurov, isn't there ?
jurov: Apocalyptic: there isn't any other way
dexX7: what's the context? was there any statement about a potential fiat bailout?
Apocalyptic: hum that could set a precedent about btc liabilities during liquidations
Apocalyptic: <anarchystar> total insanity
kakobrekla: dont tell me you are john kenney :D
wao-ender: and ddos was yday on their twitter
HeySteve2: ok I will look for it then
HeySteve2: mircea_popescu, please private me regarding the news if I don't respond here
mircea_popescu: word of warning to the news people following : it's gonna be pretty massive.
mircea_popescu: so i'm hammering out the mpoe announcement for this month.
benkay`: what a twizt!
ozbot: This is the story of your loss.
anddam: math is ideal, at least the one that was taught to me
davout: anddam: what's to tell me it doesn't compound in weird ways ?
mircea_popescu: i suppose the concept here is that math will have to suit the task, not the othjer way around
davout: anddam: "does anyone know about some spreadhseet software that uses decimals instead of floats?" <<< hence the question :D
benkay`: i will come harp at you over rounding errors of less than a satoshi anddam
anddam: davout: I don't but is rounding error with floats that important?
davout: mircea_popescu: thanks! i'll have a look
benkay`: if you look sideways at the TATINVESTMENTS logo you can see a WTF
mircea_popescu: davout wasn't open office settable to use fixed point ?
FabianB: btcoincharts is probably the only one that works without js
davout: ie. that can count
davout: does anyone know about some spreadhseet software that uses decimals instead of floats?
mircea_popescu: http://blockchain.info/charts/market-price << this is lulzy in its looks lol
mircea_popescu: "Load failed, retry after 5 seconds. Probably Reason BitcoinWisdom is temporary down Domain is not bitcoinwisdom.com Network issue"
anddam: benkay`: troll as in fishing?
mircea_popescu: where was that link to that post of duffy's
benkay`: anddam you troll for money?
anddam: actually there are a few on btctalk but the tone of threads is childish more often than not
anddam: will keep that in mind
mircea_popescu: ;;later tell duffer1 hey, you have a compatriot here : anddam
mircea_popescu: it's only 2014, what's the rush.
benkay`: kinda hard to believe, but true.
benkay`: hey everyone did you know that real companies are built on professionally curated data feeds?
mircea_popescu: bitcoincharts seems to have finally croaked
mircea_popescu: what is everyone's favourite bitcoin charting service these days ?
mircea_popescu: scams don't go away anymore, they just age and reemerge, goat style.
mircea_popescu: lol all this crap.
mircea_popescu: "Great job on the Bitblu website. It looks awesome, even in beta!! Can't wait to try it out "
mircea_popescu: i mean the blu thing