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Luke-Jr: fractal: also, if you made a bet thinking the conclusion was already final, I have no sympathy for your attempted ripoff
fractal: it failed to meet that spec
fractal: Luke-Jr: The bet also required that the Gh be in a single UNIT
kakobrekla: again the unit by definition in the bet can be a bag of cpus, a box of bananas or a handfull of shit if it does 400gh under the wattage
Luke-Jr: which is all the bet required
Luke-Jr: it's not as advertised, but it does meet the advertised performance.
Luke-Jr: the unit in this case is 2 boards
fractal: Since they can't provide 400Gh in 1 unit, as advertised, the bet is a no.
Luke-Jr: ok, you're right it doesn't explicitly define unit as the 2 boards, but neither does it deny it
fractal: "I will ship your ordered hashrate regardless (ie. more hardware free of charge) until we fix this issue and can provide 400GH in one unit." Or, "We can't provide 400Gh in 1 unit, so we are doing X instead"
kakobrekla: punin is not the same person as bitfury fyi
Luke-Jr: it says the boards are falling short, and refers to the new 400 Gh total as a single unit
fractal: it proves that they can't do 400Gh in 1 unit
Luke-Jr: fractal: this does not say what you claim
fractal: Notice how the manufacturer specifically states that they can't do 400Gh in 1 UNIT
fractal: Luke-Jr: I wasn't prepared to lose. I bet after the manufacturer admitted that the 400Gh unit would not perform as advertised.
fractal: dexX7: no, that would meet performance specs.
dexX7: fractal: i don't ask about the definition of a unit, but want to point out that 408.78 gh/s is not 400 gh/s, which wouldn't be conform with their advertisement which stated "400 gh/s", right?
benkay_: Luke-Jr: this is the delusion.
benkay_: Luke-Jr: he doesn't think he wasn't prepared to lose
Luke-Jr: fractal: why did you bet at all if you weren't prepared to possibly lose?
Luke-Jr: fractal: number of boards was not a clause of the bet
fractal: Luke-Jr: Why? All clauses of a bet must be true for the bet to be valid. They weren't.
dexX7: fractal: would a miner with 408.78 gh/s be conform with the advertisement of "400 gh/s"?
Luke-Jr: fractal: at best you can argue it should have been a draw, but it's clearly within the judge's authority to declare it Yes here
fractal: Luke-Jr: They delivered 2 units. not 1 unit
fractal: Luke-Jr: to deliver 400Gh, they need to add another M-board and R-pi, which are not interconnected like an additional H-card would be. it is therefore 2 units
Luke-Jr: fractal: and they delivered a different (but better) unit than that. but the unit they delivered met the bet definition
fractal: Luke-Jr: The company defined what a unit was here http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/
Luke-Jr: admitting its use is valid for that
jurov: fractal: YES is better answer than NO or UNDECIDED - you agree or not?
Luke-Jr: also, you just used "unit" (first instance) to refer to the entire thing
Luke-Jr: fractal: except for the defined terms (meets performance), the bet left "unit" up to the company to define
jurov: if it fit into power then YES is better answer than NO or DRAW
fractal: Luke-Jr: The unit delivered didn't have an extra H-card... it was a seperate unit completely
fractal: Luke-Jr: If the bet said that an Avalon Batch 2 Unit must do 60Gh, and you got 2 that did 50Gh each, does that make the bet a YES? The actual unit as advertised didn't do 60Gh
benkay_: fractal: but, am more than happy to let you write the terms.
benkay_: fractal: because i don't trust you.
Luke-Jr: the unit was advertised to have 16 H-cards, but the unit as delivered had a bonus H-card. it's still a unit.
benkay_: fractal: second condition: this bet will clear on bitbet
fractal: Luke-Jr: What they delivered doesn't change the fact that the UNIT as advertised (1M-board, 16H-cards, 1R-Pi) doesn't do 400Gh.... thats what the bet is about...
Luke-Jr: fractal: they delivered MORE than that as the unit. that's just getting better specs.
fractal: benkay_: absolutely i'll take that bet. I'll have to word it better tho
fractal: Luke-Jr: Unit as advertised is specifically 1M-board, 16H-cards, 1R-pi. this UNIT does not do 400Gh
benkay_: will you take this bet?
benkay_: within the year
benkay_: fractal: i'm going to bet 1 btc you can't ship a betting site that beats bitbet's committed coins for a rolling three month period
fractal: Luke-Jr: It's like saying that the KnC Jupiter miner must be 400GH/sec.... and then its 350Gh.... but the company ships 2 of them.... doesn't make up for the fact that the actual unit was not 400gh
kakobrekla: lol two idiots arguing.
dexX7: following this approach a "unit" consising of a hasher with 400 w power consumption, but 408.3 gh/s would result in "no", too?
fractal: Luke-Jr: however, the bet language states that the 400Gh UNIT must perform as advertised, and it only does 365Gh.
Luke-Jr: "meet" usually includes "better than"
Luke-Jr: fractal: ok, so? customers who ordered it got BETTER than that..
dexX7: fractal, i think you do have a point. though resulting the bet in "no" would have been far worse imho. thus instead of arguing and calling it fraud, i suggest you should put your effort into creating guidelines or similar to prevent fuzzy situations like this in the future.
fractal: Luke-Jr: thats ok... but the hardware didn't perform as advertised, so the bet would be a NO.
Luke-Jr: fractal: I have to agree with the bet conclusion in this case, sorry.
fractal: pankkake: i am here specifically for you. infact i will change nicks tomorrow and complain about the bet every day i see you in here for years to come. congratulations.
fractal: benkay_: the bet definition is irrelevant unless all conditions/clauses are met
fractal: benkay_: of course it does. all clauses in the bet must be valid for it to be YES
pankkake: I thought after the bet he would finally shut up/grow up
benkay_: and will be what sticks in this case as well.
fractal: No. My goal is to spread word on the forums about the bitbet fraud, and then launch an exact clone of bitbet.us with 0% fees. I will then short BBet on MPEX and profit as it dwindles to zero.
benkay_: and the definition is typically what sticks
benkay_: it's pretty common for a clause in english to be followed by a definition
benkay_: fractal: what's funny to me is that you're the only person arguing the "as advertised" clause supersedes the bet definition.
kakobrekla: change your eyeballs or even better, the whole head.
Luke-Jr: looks plenty alive to me
fractal: what's blackmail? is it blackmail to tell pirateat40 he should repay loans?
benkay_: eventually you'll tire of it, and then just be another human who whined about being scammed on a loosey-goosey bet definition.
benkay_: fractal: that's basically blackmail, and is image-wise indistinguishable from the hit you'll take from being a sore loser
fractal: benkay_: my job is to warn others to avoid the site so they dont get robbed/scammed/defrauded... and i will continue to do this daily , for years to come. bitbet is welcome to do the right thing and pay out no bets and the noise will go away
benkay_: fractal: what's the sum total you lost? some thousands of dollars? you're choosing to get angry instead of getting smart.
fractal: benkay_: its not a matter of being a sore loser -- if i lost id be happy to congratulate the winner and move on. --- its a matter of being robbed / scammed/ defrauded
benkay_: then you'd quantify something that the rest of us intuit, which is that it's a negligible percentage.
benkay_: fractal: maybe a useful thing would be to collect statistics on bitbet disputes
benkay_: and don't waste time fighting an elephant.
MCM-Mike: this is what I thought
MCM-Mike: can someone explain me why "CBTC" on Havelock is offering different price/unit - on "overview" they want 3MIO * 0.00018 and on the public offering site each share is valued with 0.0002. Is this some kind of rounding happening?
fractal: if it didn't say 'as advertised' thats a different story
fractal: by all logical definitions the bet is a no because it contains the word 'advertised' when reffering to the unit
fractal: [00:26] <fractal> jurov: thats not what the bet says -- it says as advertised [00:26] <fractal> jurov: AS ADVERTISED>. everybody seems to miss the AS ADVERTISED part [00:26] <fractal> 1 M-board, 16H-card, 1 R-pi. thats 1 unit. if that hardware doesn't do 400Gh, the bet is a no
jurov: 3. You sue you didn't got the "unit"
dexX7: fractal: how do you monetize this?
fractal: and, i've already started coding a bitbet clone with 0% fees, and a transparent bet deciding process
fractal: it will be like a thorn in the side of all
fractal: The forums will never hear the end of it
kakobrekla: thanks for all the future mentions.
fractal: and if they refund, I'll be happy to write a positive article about them making up for their mistakes
gesell: anyone got ideas on why gox is finally correcting and removing the huge gap in price between it and other exchanges? major arbitrage players finally got their $20m fiat moving in other places to bring btc into gox to sell?
fractal: I will spent the next 5 years posting and re posting this until Bitbet refunds all 'no' bets from their own pocket
fractal: just to be clear -- there was a SPECIFIC definition of what a unit was on the bitfury website
jurov: oh my, don't discuss it for 3rd time
dexX7: well, so the only problem is based on the definition of the term "unit"
benkay_: more chips than were expected though i think was complaint
dexX7: they did meet the power specifications, i.e. < 1 w / gh/s?
kakobrekla: how little attention that got
ozbot: BitBet incorrectly declares yes to a no bet. Stay Away from BitBet!
jorash: Luke-Jr is sketpical of our claim that we can simulate QC, but in teh event we do, he is willing to assist from a dev persective.
kakobrekla: so this is going nowhere.
jurov: and the url is http://www.noospheer.org/