851400+ entries in 0.576s
ThickAsThieves: i
think it's overthinking it, and kako's comprmise might cover it
mircea_popescu: originally i had in
the draft for
this
thing an ability for
the bettor
to introduce an arbitrary weigh curve, and
the site
to interpret
that functional.
mircea_popescu: bgupta let's be abstract here.
the risk over
time functional is probably not a polynomial, but something more c omplex, perhaps even discrete.
the weight is linear. obviously
these won't match
bgupta: I'd say
the compromise would be a minimum betting window.
bgupta: despite
the weighting.
bgupta: mircea_popescu: well for example, any bet
that resolves end of
this year, betting ca n currently only close on xmas day. (or if
the net resolves early.) e.g. XYZ will happen in 2013. If
the probability of outcome changes drastically between
the start of betting and
the closing of betting,
those
that bet early on
the low probility event kinda get screwed by people piling on one it looks more like a sure
thing,
kakobrekla: i dont like
too much bets stuck in 'closed' limbo ,
there has
to be some limit
to it, but i can see raising it
kakobrekla: they want larger amount of far between closing
time and resolution
ThickAsThieves: the close it gets,
the more weighting ruins early betters
ThickAsThieves: if you wannt bet
that BTC/USD will be $500 before June 1 2014,
mircea_popescu: and how do you know what he wants in
the first place ?!
mircea_popescu: right now you could make a bet
that resolves on
the 29th
kakobrekla: we didnt
think more is needed at
the
time
ThickAsThieves: bgupta asked about ending bets more
than a week before resolution
mircea_popescu: you just put some btc on a side along with your bet,t hwere's an address
there
JWU42: so - maybe YABMC finally comes
to bitfunder afterall
ozbot: Our Emperor, deliver us. pe
Trilema - Un blog de Mircea Popescu.
jurov: yes i
think it does, it can be chosen
bgupta: weighting algo). e.g. -
the predicted difficulty level by a certain date bets. BTW - good change in bbet FAQ
today.
bgupta: mircea_popescu: Would bbet consider allowing bets
to close more
than one week before
the "resolution date"? I
think if
that change were made it might draw out more "long shot" bettors early in
the process,
that just get overwhelmed by late betters when
that long-shot becomes more of
the high-probability outcome. (My anecdotal observations, see late b etters just bet b ig and screw
the early bettors despite
th
jurov: mircea_popescu: sadly
the
things you wanted
to be in bitcoin record were censored, check
the log and kick kakobrekla
mircea_popescu: anyway. good
that rich people are starting
to use
the system for what it's actually useful : lolz.
Vexual: that cat knows how
to belize
ozbot: John McAfee Shows How
to Uninstall McAfee Software in Bizarre NSFW Video
Vexual: mcafee don't ask his lawyers anything, he
tells
them
Vexual: Eventually, McAfee loses his cool. "You know, something went wrong. Fifteen years ago, I had some beautiful software and
they
took it over. I don't know what
they did," he says in
the video. "It was like
the
time I hired
that Bangkok prostitute
to do my
taxes while he f*cked my accountant. It was
terrible.
The same f*cking
thing is going on now."
jurov: these lawyers...
ThickAsThieves, is your intent malicious, neutral, benefactory or completely misguided?
jurov: too dense
text.. causes
timeouts :D
mircea_popescu: of inadvertence, negligence, or mistake.” (Guidant/BSC Reply 5.) As a factual matter,
this claim is questionable. It could just as well be said
that heavily counseled parties
to mega-mergers do not sign merger agreements containing glaringly ambiguous
terms
that lead
to avoidable litigation—but here we are.
mircea_popescu: In support of
their argument
that
the Agreement preserves liability only for malicious breaches, defendants argue
that
the word “willful” would be unnecessary unless it meant “malicious.”
There is no reason
to limit liability
to breaches
that are intentional,
they claim, because any breach of
this Agreement would be intentional—”[h]eavily counseled parties
to mega-mergers do not breach merger agreements out
mircea_popescu: Agreement § 7.02; emphasis added). J&J argues
that defendants’ conduct was “wilful.” Whether a factfinder could so find depends on
the meaning of
that
term as it is used in
the Agreement. While defendants argue
that a breach is only willful if it is committed with malice or in bad faith, plaintiff [J&J] contends
that “wilful” merely means “intentional.”
mircea_popescu: The Agreement provides
that in
the event of
termination, no party shall be liable beyond
the specific liabilities imposed in
the Agreement (i.e.,
the
termination fee), except “that no such
termination shall relieve any party … from any liability or damages resulting from
the wilful and material breach … by a party of any of its representations, warranties, covenants or agreements set forth in
this Agreement.” (
pankkake: chouette c'est bien, plus
trop à la mode mais ok
thestringpuller: pankkake
tu es
tres chouette! Je suis desole, je suis boiteux
pankkake: C'est possible = it's possible, it =
talking
Rannasha: yeah, it was
towtoad/nakowa/celeste/whatever-his-name-is
jborkl: yeah - it was up 6300 and one dude
took it down
to -5000
jborkl: last
time i looked a few days ago
they were up 6300btc - now
they are down 5000
bitcoin42: thats why all
the funds of funds got crushed in
the financial crisis
kakobrekla: except here
they do it for different reasons or whatever
bitcoin42: investors DESERVE
to lose
their money
bitcoin42: what? so
there were funds of funds where each fund invested in another fund??? what a fucking joke
kakobrekla: and whatever when
to eachother went
to pirate
jurov: and
they invested
to each other and
to pirate
jurov: so
this was only
to be expected
jurov: bitcoin42: on glbse
there were several such funds
ThickAsThieves: i dont
think buying into a fund is bad in and of itself
bitcoin42: 'here,
take my money,
try
to
trade with it because i can't do it myself. if you lose my money, oh well!!!'
dexX7: the index was flawed, because he compared apples
to oranges
bitcoin42: not sure how people investing in Bitcoin assets are so stupid... someone actaully invested in a fund
that
trades assets on btctc? unbelieveable.
pankkake: 1) create meaningless financial index 2) create fund
that sucks but outperforms
that index 3) profit
pankkake: but still better
than DCX so all is well, right? :)
pankkake: Midge (1963-1966, 1988- present)
This character was Barbie's Best Friend.
ThickAsThieves: or were
they just like hey new girl, you get
to be
the scapegoat!
pankkake: they don't have anything between
their legs
kakobrekla: or do
those dolls have kids with names
Scrat: a decisive win for
team jesus
dexX7: i see what you did
there.. lol
ThickAsThieves: i love
that surname, except she pronounces it
the a way i don't love