log☇︎
802700+ entries in 0.552s
kakobrekla: see how this avalanche goes
mircea_popescu: well im off to bed. don't do anything drastic
kakobrekla: yes its not on the center
knotwork: or something. left margin larger than right margin for that line
mircea_popescu: now let's hope nobody else further breaks our nice site with their IMPROVEMENTS
knotwork: Firefox, does that count?
knotwork: its one line for me regardless of scrunching the wondow smaller
kakobrekla: does that fix it
kakobrekla: ok time is out
mircea_popescu: I CARE OF NO OTHER BROWSER THAN MY OWN
mircea_popescu: bah two lines
kakobrekla: just seems more choppy to me, putting in it front
knotwork: ah yes there ya go but also just tacking it on the end doesnt seem as ncie as putting it in front I dont know why
mircea_popescu: are they included in the sense of not substracted, or included in the sense of having been assesed.
knotwork: yeah that too would work
kakobrekla: id go with "given current time weight and assuming no one else bets, including fees"
knotwork: and saves having to repeat the "after fees" words on both the yes line and the no line
mircea_popescu: well would the 2nd work for your purpose ?
knotwork: sure, great, you are the great writer/grammaticist/sequencer of words just so its clear is all I was after
mircea_popescu: "given current time weight and assuming no one else bets" > "after fees, given current time weight and assuming no one else bets" ?
knotwork: Maybe it would help to have it say either "Yes pays: 1.01596192 BTC after fees" or say "Yes pays: 1.01596192 BTC before fees" to make it crystal clean in your face kind of thing
mircea_popescu: aite ty
kakobrekla: so you can play tired.
kakobrekla: thats why you have the calc in the first place.
mircea_popescu: juesus im too tired to maff
kakobrekla: the calc accounts for the 1% fee
mircea_popescu: knotwork let's do the math.
knotwork: so I am thinking the "catch" is that by the time the betting is closed the Yes would pay less than what one bet
knotwork: even if the weight didndt change by end of time of liveness of the bet, which it probably will
knotwork: if that does not take fee into account the fee would eat almost 2/3rds of the winnings
knotwork: Specifically, the "Yes pays: 1.01596192 BTC" on page http://bitbet.us/bet/619/bitcoin-difficulty-at-or-above-2b-before-feb/
mircea_popescu: mod6 i think the confirmed bets is like 200
knotwork: resolved ones sure, what I am puzzling over is where it shows what a Yes or a No would pay on currently still running bet. FAQ seems to indicate that calculation is not including the fee
kakobrekla: whatever is under 'out' in resolved bets table it has the fee taken out.
kakobrekla: knotwork the calculator on the page is accounting for everything
knotwork: oh the winnings listed/calculated already have the fee taken out? The FAQ seems to imply otherwise.
knotwork: 1% fee in effect it looks like. two thirds of the currently estimated winnings
kakobrekla: fees are in the calculator
mod6: read da faq. there is a weight.
knotwork: Are there fees or somesuch that will eat the meagre win-profit if one bets yes this late?
knotwork: wow looks like easy money this late in the game, what is the catch?
mod6: is it also the largest in number of confirmed bets?
mod6: thx for the link :]
mircea_popescu: the current coat of romania is pretty much the same, minus the hermelin.
mircea_popescu: the flag had borne the king's arms afore, then after the war the communists copied this form, just with a new design.
mircea_popescu: the coat of arms was associated with the socialist republic
mod6: Speaking of holes, was the signifigance of the revolutionary flag in '89 to cut out the old coat of arms?
knotwork: Its early adopter time still for Open Transactions based stuff, oculd be good potential there...
knotwork: As it looks like going legal could be a big whole in the law that one throws money into
knotwork: So would there be much/any interest in some kind of "buy shares in a fully legally licensed etc etc Open Transactions server" kind of offering?
knotwork: oh except maybe the supposedly merged mine capable scrypt coin
knotwork: and none of the sctypt coins save maybe possibly litecoin can afford to let hashrate become the selling point of choice
knotwork: currently cuteness of meme is the bigger selling point it seems
knotwork: considering just hashrate its IXCoin that is the dark horse so far, high hash/difficulty yet not much mass buying yet
knotwork: depending on the general prevalence of but-its-not-bitcoin sentiment
knotwork: merged mining can do that
knotwork: Vircurex does for those it lists. well it shows current hashrates no history plots etc
Apocalyptic: does anyone know of a website that keeps track of some altcoins hashrate ?
asciilifeform: couldn't help but think of casascius. and many other fine folks.
asciilifeform: nyooz you can yooze! cafe in my town. people chattering, rumour; schizo woman who frequents the place was drawing 'daisies'. said, 'they're like bitcoins! but on paper!'
knotwork: otherwise I just continue to hope the open transactions for grandmas is done soon
knotwork: yeah if anyone knows of a better exchange that has namecoins devcoins and maybe even more merged mined coins I'mi nterested to hear about it
mircea_popescu: this is like a miner bond applied to the exchange
mircea_popescu: so they can pay off with the proceeds the other stuff they got stolen from
mircea_popescu: that BELONGS TO THE INVESTORS
knotwork: its like your bitcoins sitting on deposit get you free feshares while they remain on deposit
knotwork: not off the fees, of the fees
Apocalyptic: <knotwork> Its not interest its just a portion off the fees // where do you get this from ?
Apocalyptic: formulation fail then
mircea_popescu: odd way to go about it.
Apocalyptic: mircea_popescu, dunno just saw that on the index page
knotwork: of the fees
knotwork: Its not interest its just a portion off the fees
mircea_popescu: lol that's a fractional reserve innit ?
Apocalyptic: "We now pay interest on BTC, LTC, PPC, NVC and WDC account balances, they are paid multiple times every day. Check out the help for details"
mircea_popescu: i mean... so knotwork is being much entertained. that's fine
knotwork: At least that Irish guy someone actually knew he he was had met him at conferences etc but even so "investing" in one kid running a homebrewed website seems a little dubious at thebest of time
mircea_popescu: i have trouble seriously believing they're in any sort of business
Apocalyptic: seriously i'm still amazed they're in business
Apocalyptic: The loss of the funds will be recovered out of the monthly dividends. Dividends will be used to purchase back the missing funds in the coming months. Depending on the trading volume development this is expected to take 9 to 12 months."
knotwork: I havent even taken a flutter on any shares that *are* listed on MPEx yet
knotwork: But buying shares wow weird, first question I'd ask myself is why isn't it listed on MPEx, the answer would likely tip me off
knotwork: Part of why i stick to vircurex is I long ago took back everything I ever put there plus lots of profit so everything at risk there now is just more profit I could have taken
mircea_popescu: the listing is full of lolz, i'll have th egirl dig it up in the morn.
knotwork: I thought I saw just days ago they have shares on some exchange or other
mircea_popescu: so i dunno what +rep you think you saw or where, but i dun think such a thing occured.
mircea_popescu: no. first the guy sold shares, on outrageous terms
knotwork: I was amazed people fell for that when the solidcoin guy did it
knotwork: I admit I never really paid any attention to any of the exhcanges offering shares stuff
knotwork: I thought the shares thing was more recent than the "hacks"
knotwork: oh the shareholders hold the bag for making the customers whole re the hot wallet?
knotwork: They have shares out on some "exchange" or other is it something about those?
knotwork: what "equity" are you thinking of?
knotwork: huh? not sure what you mean. They claimed hot wallet had been stolen then tht they made up the loss so no customers lost anything
mircea_popescu: they made their "customers" whole on the basis of stealing their "investor's" equity.
knotwork: theey might simply have been the inventors of the lets say we got viciously hacked then show how great we are by "making the customers whole" PR tactic
knotwork: Vircurex always made the customers whole. Though whether there actually had been anything to make them whole about I dunno
knotwork: so VIrcurex's second such claim might have jsut been a PR response to the Russian response to the gain in rep Vircurex had got the first time around
Apocalyptic: there was something like that
knotwork: Claimed to be hacked twice and make good, but the second claim seems more suspect than the first because after it got rep from the first claim a russian site also tried the lets say we were hacked then have customers not lose money way to get rep