826800+ entries in 0.517s
dexX7: deprived is on
the boat
mircea_popescu: ThickAsThieves on
the grounds of what verifiable fact ?
mircea_popescu: see,
the idea is for a bet
to be about more
than just
the bet itself
dexX7: aren't
those "exchange x announces it's closure within a year" bets similar?
mircea_popescu: you can't have a bet
that goes "The Pope will say if
this bet wins or loses"
ThickAsThieves: what if you assigned
the bet
to Kate instead, like "a crypto-currency based securities exchange will open
that Kate-Craig purports
to be a partner in ownership"
mircea_popescu: (otherwise
the business model becomes, make 50 forum accounts, herp a lot about some new "exchange", make bitbet bet, profit)
mircea_popescu: this sorts of bets aren't accepted so as not
to
transform bitbet into a revenue source for
the forum scammers.
mircea_popescu: turbo_ac100 hard
to make. as it stands, your bet would be satisfied by a ciphertrade.tripod.com webpage including a form where you can
type
text and
that
then gets published
turbo_ac100: Hi, I submitted
the "CIPHERTRADE will go live on 02-01-2014 " bet. Rejection reason is " Needs better specs".
The spec was: People are able
to submit new assets.
dexX7: maybe snackman is mp and
this is just a marketing stunt
gribble: A market order
to buy 1000 bitcoins right now would
take 890804.4712 USD and would
take
the last price up
to 897.3000 USD, resulting in an average price of 890.8045 USD/BTC. | Data vintage: 31.3673 seconds
gribble: There are currently 12176618 bitcoins demanded at or over 0.0 USD, worth 37739636.1638 USD in
total. | Data vintage: 0.4974 seconds
ThickAsThieves: i dunno, but wtf is bitcoin gonna be worth
this Spring?!
gribble: Next difficulty estimate | 693619225.587 based on data since last change | 703797499.444 based on data for last
three days
mircea_popescu: this
thing's shaping up, 13:11 btc so far. what do ye say ?
mircea_popescu: should i link
to
the
trilema article about linking analog intercoms i wonder.
ThickAsThieves: i havent looked, but i bet
the article also has some choice supporting comments
gribble: MtGox BTCUSD
ticker | Best bid: 881.1, Best ask: 886.1, Bid-ask spread: 5.00000, Last
trade: 881.1, 24 hour volume: 29975.65641520, 24 hour low: 765.0, 24 hour high: 887.0, 24 hour vwap: 834.25535
mircea_popescu: "all
the people saying he's a fucktard are racist and also
they didn't check
their privilege"
mircea_popescu: no srsly.
this is like reading whitehouse sponsored pulp as
to why obama is not a fucktard.
mircea_popescu: "In
truth,
the best bitcoin can hope for is
to be a second-rate version of gold, if
that"
ThickAsThieves: now imagine
that when i first read
the article, i
thought it was written by AARON sorkin
mircea_popescu: "But if, and
this is a big if, your peer-to-peer
transaction doesn’t work properly,
there is no central clearinghouse
to complain
to."
mircea_popescu: further entered into
the record
that matthre o'brien may never be hired in any white collar capacity.
mircea_popescu: “Every big idea starts out sounding crazy. But not every crazy-sounding idea ends up being big,” Matthew O’Brien wrote in
The Atlantic in a brilliant
takedown of bitcon.
mircea_popescu: let it be entered into
the record
that peter leeds of obscure shithole has no future in finance.
mircea_popescu: Peter Leeds of
the Penny Stock newsletter put it
to me
this way: “In a matter of months you won’t be hearing about it. It will go
the same way of Paris Hilton. People will move on
to
the next
thing.”
ThickAsThieves: i wonder if one day ponzi will just be redefined
to mean 'bitcoin scam'
mircea_popescu: srsly, it's not so hard
to figure out
the guy, one need but read his genius coin solutions,
BigBitz: yeah
ThickAsThieves as I said ^^ his other reigns were interesting...
ThickAsThieves: my first instinct with mcxnow, before
the "IPO" was
that it's a scam,
then once
the IPO came I did like 3min of research
to discover
the guy was indeed shady
BigBitz: what do you
think about BitBet stealing 10BTC, mircea_popescu? :D
mircea_popescu: someone asked me what i
think of
tradehill 2.o so many
times i had
to write a fucking article about it
mircea_popescu: someone asked me what i
think of rs at least each day since
the ipo.
Apocalyptic: mircea, did actually someone ask you about what do you
think of RS ?
kleeck: At
this point if you're not a cynic you're not paying attention.
mircea_popescu: there's ways. just, nothing at
the level of where average redditor's resources are.
mircea_popescu: a
third is
to employ a basementful of gnomes
to constantly scan
the blockchain
mircea_popescu: another is
to be one of
the visible people
to whom people come with questions as
to credibility of entrepreneurs.
mircea_popescu: kleeck
there's multiple ways
to know. one is
to know all
the people who acrually could invest 10k.
kleeck: I'd say he raised enough
to make
the venture worthwhile.
kleeck: I just conceded
that we can't really know outside of what
this guy says.
kleeck: This is what we're discussing
ThickAsThieves
ThickAsThieves: <kleeck> No, no. From his "ipo" of mcxFEE he made 11000 BTC. <<<
that's unlikely
mircea_popescu: yes,
there are plenty of ways. just, not accessible
to
the public.
mircea_popescu: i
think you overestimate
the importance of what anon dork says in a chatter box by anywhere between 500 and 54677695 degrees of magnitude.
kleeck: But, yeah,
there is no way
to verify
the numbers behind
the scenes.
kleeck: I mean, he may have padded
the share sales, mircea_popescu, but I was chatting with a number of people excited about
this site and wanting
to invest in it.
kleeck: Haha. First post on
the
thread:
They're not
trying
to raise money,
they're
trying
to cash out.
The site is ready and operational, so it doesn't need
to raise additional capital.
mircea_popescu: o i see. well if a forum
thread says so
then
that must be it
kleeck: I haven't done
the math. But
that's what his forum
thread is saying.
Apocalyptic: yeah mircea, i don't believe he faked
trading on
those
kleeck: in exchange for shares of
the site.
kleeck: People gave it
to him.
mircea_popescu: the burnside method,
tho it was really pioneered by goat on glbse.
mircea_popescu: he raised 30 btc and self
traded for
the rest in
the hopes of seeming like he's got interest
bitesak: I mean
the 11K raised. Do you have a btc address with some reasonable expectation it is linked
to
this outfit?
bitesak: I would like
to
think
that is not
true...
kleeck: I'm sure
the rise in BTC price has nothing
to do with it.
kleeck: Wow.
The dude raised 11000 BTC.
mircea_popescu: those same people
that refuse
to
take good advice and do all
their "investment" on just dice
iwilcox: Back when mcx opened people seemed
to be
treating it like "I don't need ASICs, got me another kind of money-printing machine!" — I suspect some
think
they have a foot in a door or something and won't sell
kleeck: "All existing mcxFEE holders will have
the same mcxFEE balance when
the site relaunches. I’m allowing people
to
trade mcxFEE up until December 20th in case
they want
to exit
them."
BigBitz: kleeck depends I guess... if he wants someone
to help him re-write maybe? who knows..... but not returning
the actual bitcoins is criminal :D
mircea_popescu: <bitesak> he's returning his worthless mcx coins not
the bitcoins he got in exchange for
them <<
this
kleeck: That's kind of my point BigBitz is
the issue
the site or
the support?
BigBitz: to me it read like he wanted
to overhaul it and bring other people in... again - not exactly a glowing reference. His previous reigns didn't exactly pan out well...
kleeck: Sounds like you need a small helpdesk. One
to
Two level one
techs can deal with all
that.
kleeck: Even his reasoning makes no sense. "This site is custom built on C++ so no one else can help, need
to shut down. Well,
the real reason is
that I get emails...which no one can help with so... Oh yeah, and IRC complaints. No one can help with
those either."
BigBitz: scan reading an article and saying "if
those reasons are legit" isn't exactly a glowing reference as
to how it performs as an Exchange :)
kleeck: I'm not familiar with RealSolid's history, but it seems
that he has done similar
things in
the past.
bitesak: by inferring
the reasons put forth can be legit