861300+ entries in 0.577s
fractal: I'm glad
there was at least a note on
the bet
that addressed
the uncertaintly of it.... and even
though fraud is a strong word -- you have
thick skin, -- i
think you've called every other exchange a scam/fraud at least a few
times ;)
mircea_popescu: 's why you can't be double jeopardied , even if it's fucking clear as day
that you dun it.
mircea_popescu: and why. well because
there have
to be absolute limits on recourse in order for
the system
to be stable.
that
fractal: I'm glad you could at least see both ends yourself --- but why can't
they be annulled due
to poor language? what if
the admin accidently allows a bad bet, and only realizes its a bad bet afterwards?
mircea_popescu: bets aren't annulled due
to poor language.
that's part of
the sandbox.
they're resolved as best can be.
fractal: or at least be annuled due
to pooor bet language
fractal: "nothing prevents you from only betting on bets you yourself make." fair enough --- still
thought
the arbitrators would have enough logic
to see
that
this bet shouldnt pass
Diablo-D3: fractal: and also,
the only way
to do
THIS bet is
to either buy
the hardware or dont
mircea_popescu: it does mean it has
to rise once, and obviously
the bet is limited by
the underlying.
Diablo-D3: fractal: and bets
that DO have clear language but
the language says "all or nothing" also suck
Diablo-D3: fractal: bets
that have multiple conditions with no clear language on how
those multiple conditions work suck
ozbot: BitBet - Litecoin
to rise above .04 BTC before 2014
Diablo-D3: bitbet should have never accepted it as a bet
to begin with
fractal: It says
the 400Gh UNIT as advertised must be 400Gh and under 400W
fractal: Diablo-D3: but
thats not what
the bet says
Diablo-D3: they met
the mh/w figure,
they didnt meet
the
TCO figure
Diablo-D3: fractal: refunding would change
the rules of
the bet, effectively
fractal: refund doesnt change
the fact
that
the hardware underperforms
fractal: Diablo-D3: you can't
though -- all conditions of
the bet have
to be met --
they weren't. regardless of refund.
fractal: Diablo-D3: Apparently
they are going
to ship out more hardware
to make up for missed hashrate -- but
that doesnt change
the fact
that
the unit as advertised misses performance
fractal: 14:11, and its only because Anduck wrote
the bet and put up 10. he apaprently has inside knowledge from punin on when shipping was occuring -- not
that
theres a problem with
that,, but
there were more individual no bettors
then yet
mircea_popescu: it'd probably keep government much smaller and more
tolerable at any rate.
Diablo-D3: fractal:
tell mp I said: isnt
that what fox news is for?
mircea_popescu: unrelatedly, i wonder how
the legal system would work irl if every
time someone got convicted or anything + every
time someone lost a civil case
they got space in
the newspaper
to expound on how
the legal system is a fraud.
Diablo-D3: the yes guys didnt get 100% of
the pot?
Diablo-D3: thestringpuller: all
the money HAS been payed back already
mircea_popescu: fractal you realise
that
the bet split 14:10 or something. you're not in
the majority you for some reason perceive.
thestringpuller: he's also
the guy creating an economic climate you can survive in
to pay back your scamholders mr. Diablo-D3 (i kid i kid)
Diablo-D3: fractal: mp is a known
troll, just ignore him
fractal: what ar eyou
talking about? did you
think
the bet was a yes? seriously????
thestrin1puller: No matter how much you say
the same
thing,
the scammors still come in here with
there scammy scamness claiming
to be bad asses.
thestrin1puller: I
think my point was more
to
the "infinite hitpoints"
thing.
thestrin1puller: I imagine now
this is how a parent feels when
their child won't stop sticking forks in
the electrical outlets.
mircea_popescu: fail
that, you'll get
to learn
the hard way why coding a site is not worth
the electric power it
took, on its own.
mircea_popescu: dude, i would like
to see your site. sooner or later you're going
to have someone lose some btc on a bet, and
they'll be pissed off, and you'll be wiser for
the experience.
fractal: do you seriously
think
that 400Gh = 365Gh?
fractal: fun? whats fun about passing a bet
that didn't meet all conditions?
Graet: i will if you link it, cgf searching for
thier
thread :)
fractal: Diablo-D3: It will make noise -- and when I launch my site, people will use it when
they hear
the back-story
Diablo-D3: I repeatedly
told people not
to buy units from companies
that had no previous experience
fractal: fraudlent actually...
this will certainly affect Bitbet's image, as I'm writing a long and drawn out forum post right now
Diablo-D3: because it would have probably made it
to 400gh on most units with increased power usage
fractal: exactly.... It's absolutely unbelieveable
that
the bet was passed as a yes.
Diablo-D3: if
they would have had built in overclocking and I ran bitbet, I would have passed it
fractal: so, as shipped, it didn't meet performance
targets
Diablo-D3: then no,
they didnt meet
the
target.
fractal: Diablo-D3: not without a hardware mod
that voids warranty
Diablo-D3: I dunno man,
the way you describe it it may actually beet performance
targets
fractal: Diablo-D3: yes, but as per
the bet --
The hardware missed performance
targets.
fractal: W was under 400.
They delivered on W, and missed on Gh
Diablo-D3: what was
the advertised w vs how much it actually uses
fractal: This is what was advertised as a 400Gh 'UNIT' -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for
total of 256 chips"
mircea_popescu: so when's
this new site coming online ? i
think i'd bet a little on yes myself.
Diablo-D3: okay, and what was
the advertised w vs what it actually uses
fractal: therefore ,
the hardware as advertised, failed
to meet performance numbers
fractal: Diablo-D3: Less
then 400Gh -- 365Gh
fractal: Diablo-D3:
they ended up with more
then 400Gh. But
the 400Gh unit did not perform as advertised -- as was required by
the bet
fractal: no shit. Not all condidiotns of
the bet were met
Graet: i'd use fractal 's site
to make a bet bitbet are scammers :D
fractal: well, bitbet is clearly a fraudulent site -- logic and reason shows
that
the bet was a no. I dont know what else
to say.
fractal: yes. Its clear
that ALL conditions of a bet must be met --
they weren't....
fractal: I can't allow other people
to be defrauded.
fractal: just
to
take business form
them. now its personal.
fractal: I'm going
to use it
to motivate me
though -- I'll be coding a competing site starting next week
to put
them out of business. 0% fees.
fractal: Diablo-D3: well, apparently I was stupid enough
to bet
there......
Diablo-D3: its your own damn fault for betting
there
Diablo-D3: fractal: I dont
think you understand
fractal: Diablo-D3:
The 400Gh unit as advertised did not meet performance (400Gh and 400W)
fractal: Seems like
they admit all conditions were not met -- "all
technicalities aside
the bet was substantially delivered upon."
technicalities are exactly why
the bet is a no
fractal: I'd urge everyone
to consider
twice before using bitbet in
the future.
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kakobrekla: that would prolly hold
true even if i was in somalia
mircea_popescu: but if
they're old hags asking you
to gfive up your seat you wouldn't ?
mircea_popescu: if
they're hot chicks in maribor and
they're asking you
to do
them you'd understand,
kakobrekla: i can
travel 200km
to Maribor and i wont understand anything
they are saying
mircea_popescu: look all, someone's charging more
than me. 50 btc
to be a cool dude
there.
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