log☇︎
813700+ entries in 0.482s
mircea_popescu: there's a girl somewhere in a basement, kinda mousty, kinda cute, with glases and b tits
benkay: that'd be one of the reasons i bailed on the semiconductor space
benkay: i love the documents nobody will ever read
dub: PoC test for a metro ethernet
kakobrekla: dont read it or else he will have to start over
dub: woot passed 200 pages in my document that nobody will read!
davout: kakobrekla: something like that
ozbot: Larry Craig scandal - Wikipedia, the free encyclopedia
asciilifeform: anyone remember the american politician with the 'wide stance' ?
davout: i always want to make yo mamma jokes when someone mentions a wide spread
turbo_ac100: "Select images for those bitcoin printings that convey respect and prestige globally, perhaps the portraits of American presidents." o_O
mircea_popescu: In November 2010, teenage Moroccan belly dancer and alleged prostitute Karima El Mahroug (better known as "Ruby Rubacuori") claimed to have been given $10,000 by Berlusconi at parties at his private villas. The girl told prosecutors in Milan that these events were like orgies where Berlusconi and 20 young women performed an African-style ritual known as the "bunga bunga" in the nude.
mircea_popescu: sounds like that place.
mircea_popescu: is an Italian politician, entrepreneur, media tycoon, frequent criminal defendant and convicted tax evader who served three times as Prime Minister of Italy
mircea_popescu: did he move off the twelve year old ?
davout: in the berlusconi way
davout: pankkake: that happens when the front has loaded, but it' still waiting for the api to answer
mircea_popescu: dub thb they look kinda like the presidents of all failed european colonies.
dub: they are people that other people have or would liek to shoot at duh
mircea_popescu: dub that's thinking outsidda da box yo
pankkake: davout: oh it's back. it was showing 0€ no trades
mircea_popescu: since when does the set of us presidents convey respek or prestige ?
dub: 5 wayz to fux buttcoin, make it into USD
pankkake: "Select images for those bitcoin printings that convey respect and prestige globally, perhaps the portraits of American presidents" unintentional?
dub: this has to be satire right?
mircea_popescu: wow dub ty for saving the day
ozbot: Five Ways to Fix Bitcoin - TheStreet
dub: everyone chill the fuck out
turbo_ac100: hey mircea_popescu, do you want to make someone make a firefox search engine plugin for bitbet? Imagine asigning keyword bb and just 'bb bfl' would CREATE fun - or at least find it.
mike_c: i'll think on it some more. and can maybe explain more clearly.
mike_c: yeah, i just feel like we're talking about tcp KEEP_ALIVE and deciding it's too complicated :) even tcp is complicated.
mircea_popescu: still, we use http and tcp/ip
mike_c: if this were a simple problem we wouldn't be talking about it. simple designs are great, but limiting.
thestringpuller: then have all trade data for that account
thestringpuller: if so then user would load previous logs into new client
thestringpuller: and stat only shows recent, was seeing if the user would be the SoR
thestringpuller: like a large table
thestringpuller: yea, but I was seeing how the user could see more of their trades in a gui
thestringpuller: of course, but the user has to record, mpex doesn't have SoR
mircea_popescu: yes, if they want to store data they;ll need a filesystem or some other similar implement
mircea_popescu: well w/e they wish to use
thestringpuller: but they would need a "stat.log" or something?
mircea_popescu: thestringpuller they can call it once a month
mircea_popescu: bbet's interface is very simple by design, but your thing would be sort-of like the rpc call of all time
mircea_popescu: and the fact that you will need a very solid api or nobody will mm it.
thestringpuller: mircea_popescu: so for the "average" mpex user they would need to call stat evert "blah" hours and keep a log of all of them to record every trade/transaction they've made on mpex no?
mike_c: and the fact that you would need to potentially return money.
mike_c: if it can be done without accts, all the better. just sorting incoming bets is the problem.
mircea_popescu: Bunnyh he wants accts i thought
Bunnyh: how about sorting bets in the same block by creation time of betting addresses?
mircea_popescu: or an hour prior or something like that
thestrin1puller: do you get back every transaction you've ever made?
mircea_popescu: or for that matter invest in zh's darling, i forget what it was called.
mircea_popescu: if you're gonna do that may as well just make it the thing, let people trade shares.
mike_c: similar to the calculator on BB right now
mike_c: the mm is just a help to see what you're getting.
mircea_popescu: honestly i dun see myself using it, sounds like a sort of bettrade w/e that thing was called, except with a perhaps very broken auto-mm tacked on
mike_c: so it doesn't need to be mpex
gribble: MtGox BTCUSD ticker | Best bid: 740.0, Best ask: 743.28947, Bid-ask spread: 3.28947, Last trade: 740.0, 24 hour volume: 40151.84292354, 24 hour low: 714.11, 24 hour high: 928.0, 24 hour vwap: 800.48436
mike_c: except the order of magnitude is lower
mircea_popescu: that may be a little expensive to make.
mircea_popescu: jd isn't a mega concurrency engine. ppl bet the house
mike_c: then its the same as mpex
mircea_popescu: how do you time accounts ?
mircea_popescu: otherwise we'd just use timestamps
mircea_popescu: the blockchain exists in the first place because time isnt reliable.
mircea_popescu: or, what the user making the tx said the time was
mircea_popescu: or, what the node that told us the tx said
mircea_popescu: in the best case is "when we heard the tx"
mike_c: ah, block time isn't dependable?
mircea_popescu: (depending who mines the block the same exact tx can end up with diff timestamps)
mike_c: i meant bet time on BitBet, but you reuse addresses, so you won't always have that.
mircea_popescu: mike_c the time value is iffy
thestrin1puller: i'm sure this has been asked before so I apologize
thestrin1puller: mircea_popescu: when you retrieve depth stat and matches to json stat, no? So is it possibly to just take current top ask/bid depth value and translate it into market buy or market sell?
mike_c: same block, sort by bet time?
mike_c: lemme think on sorting.
mircea_popescu: this will be a pain to run.
mike_c: you have to refund I guess. I'm on bitbet, i say "i want 10btc of dems at up to 0.2 per share". You generate an address and in your DB mark it as a limit order at 0.2. if you can only fill 5btc of it you have to send the other 5 back..
mircea_popescu: what do you do in that case ?
mike_c: unless something seems way off to you. like the idea of putting in a limit order.
mike_c: and now you bet the other side.
mike_c: nobody unhappy, because if that whale gets in before you, you just don't get filled
mike_c: you basically put in a limit order. "buy up to 10btc of shares at up to 0.2 each"
mircea_popescu: i now go to the forum and open a scam thread, saying you put the 10 btc
mircea_popescu: suppose i send 1 btc, ion the reps, and discover i didn't get 8 shares but .7 because someone put 10btc in 10 minutes before me.
mike_c: so the right time to bet is when i feel the odds are wrong, which isn't really the case right now
mike_c: and am incented to do so quickly, before someone else does
mike_c: 0.7 on dems, then 10 on reps
mike_c: that is, say the situation went differently.
mike_c: but shares do not devalue with time in this scheme.
mike_c: first off, that is currently the situation with BB. betting early on a high volume bet is a guaranteed win.
mircea_popescu: then as long as the odds are 10:1 or less i am safe buying 10 btc each side, cheap shares
mircea_popescu: but if i know that a certain bet will reach say 200 btc total wagered
mike_c: and if you see an imbalance, you are incented to act quickly
mike_c: not exactly. the bet should always, throughout its lifetime, float around its current probability
mircea_popescu: basically to extract value out of this scheme all you need to know is your avg volume
mircea_popescu: so any new bet is basically a landrush to buy the early shares ?
mike_c: yes. that's the beauty.
mircea_popescu: even if these could be within five minutes of each other ?