945700+ entries in 0.661s
Bowjob: Avalon will now cost 88 BTC
to 115 BTC
mircea_popescu: right. we're going
to do anything and we have no plan whatsoever.
mircea_popescu: "- Of course
the above would be moot if
the spread was sky-high. We intend
to push it as low as possible, and give you
the best of both worlds -
the liquidity of a market-maker but also
the low spreads possible in a parimutuel or similar approach."
mircea_popescu: kakobrekla wait, so he wants
to eat mpex for lunch by competing with bitbet ?!
jurov: i seriously consider offering my expertise
to
that finnish man.. and promptly outsource it
to dunnowhere
mjr_: otherwise known as
the slot machines of finance
gribble: BTCUSD
ticker | Best bid: 59.20002, Best ask: 59.30983, Bid-ask spread: 0.10981, Last
trade: 59.30983, 24 hour volume: 104205.20199766, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.60493
gribble: BTCUSD
ticker | Best bid: 59.30000, Best ask: 59.49998, Bid-ask spread: 0.19998, Last
trade: 59.29983, 24 hour volume: 104385.36260976, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.59737
pigeons: which shouldn't violate my agreement not
to post it publically, bu i dont know
mircea_popescu: pigeons did you share
that book with an interested party ?
mjr_: similar
to blockchain.info
mjr_: it would simply be an address
that is monitored
mjr_: i don't
think so...
Diablo-D3: the problem with a browser is you'd need
to have it running all
the
time
mjr_: like you would "fund" your browser...and
then you would browse away
to your hearts content, offering up micropayments for content
that you want
mjr_: if you could automate
that process...make it a click
that a plugin handles behind
the scenes
mjr_: i was just
thinking of mircea's model
mjr_: "Actually, if you don’t know anything about
talking
to computers my best advice
to you is “marry someone who does”. Definitely." worth
the price of admission
Diablo-D3: mjr_: you wouldnt need
that actually
mjr_: is
there anyone working on a chrome plugin
that could be used
to pay bitcoins
to websites?
gribble: BTCUSD
ticker | Best bid: 59.11710, Best ask: 59.25000, Bid-ask spread: 0.13290, Last
trade: 59.11710, 24 hour volume: 106528.71037829, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.47445
mjr_: i have been sending my friends pictures of cats with encrypted messages in
them
mjr_: really want
to read
the stego article
mjr_: i can't do
the bitcointalk forum
mjr_: mircea_popescu: I'm so glad
that
trilema is back up...lots of good articles
mircea_popescu: "No, it is not. It is just
the
thing
that we offer people
to bet for. And I would be delighted
to know what exactly makes us any more vulnerable
to angry gov
that MPEx and SD are."
mircea_popescu: "If anyone is interested in buying securities
that copy
the MPEx dividend payouts but do not involve any dealings with
the actual MPEx shares (such as share loans, etc.), PM me. About 1 million will be issued if
there is demand. If issued,
the securities will be backed by an incorporated company with EUR 200,000
total assets, of which 1500 BTC."
mircea_popescu: person can't spell fund, is big
time mover and shaker with experience and etc.
mircea_popescu: so banks/tv/etc in south korea offline due
to cyber attack
Diablo-D3: pigeons:
that should be easy
to setup with js
then
Chaang-Noi: d3, welsome
to bitcoin and
the internet :)
pigeons: you'll never guess
the name
Diablo-D3: I wonder if
theres a block chain info site
that can give me a
total list of all money sent
to an address
zefir: Chaang: if you did
that, it will be challenging
to undelete
them. first
thing you need
to do is shutting system down
to prevent further write accesses
Namworld: But difficulty should probably cap as
to avoid ever lowering odds and never reaching jackpot.
Namworld: Wouldn’t be a bad idea like
that. Would make more sense.
Diablo-D3: fine, have
the difficulty go up as
the pot goes up
Namworld: Especially since
the jackpot is small
too
Namworld: Odds
too low unless difficulty go down. Not interesting for anyone
to bet.
Diablo-D3: [04:07:08] <Diablo-D3> if I set it
to less
than 1000 ,its 184 million
Diablo-D3: [04:06:59] <Diablo-D3> i184 billion per btc is if
the difficulty is less
than 1
Diablo-D3: [04:06:38] <Diablo-D3> 184 billion is if I set
the difficulty as high as possible
Namworld: yeah, but
that’s like zero incentive for first people
to put anything.
Diablo-D3: if I set it
to less
than 1000 ,its 184 million
Diablo-D3: i184 billion per btc is if
the difficulty is less
than 1
Diablo-D3: 184 billion is if I set
the difficulty as high as possible
Namworld: I could get 21 million x 58 USD
ticket and have a 1/8784 odds of winning a maximum of... 21 million BTC.
Diablo-D3: Namworld: you bet 1 BTC for 100000000
tickets, actually
Namworld: I bet 1 BTC (58 USD) for one
ticket.
Diablo-D3: I dont
think you wrote what you
thought you wrote
Namworld: powerball would have like close
to infinite higher chances
to win
Diablo-D3: Namworld: no different
than powerball really
Namworld: You could bet all freaking 21 BTC and have as good as null chances
to win
the jackpot...
Namworld: like with
those odds, one would bet 21 million BTC and have lower odds
to win
than winning
the state lottery 5
times in a row.
Diablo-D3: Namworld: no, I said I probably got
the magnitude wrong
Namworld: so odds of winning is not 1:1
trillion
Diablo-D3: take
txid, hash it,
then
take
the first x bytes and see if its less
than
the
taget
Namworld: You can’t have a 1:1
trillion chance
to win for a BTC
Namworld: But... how do you determine
the winner?
Namworld: You mean 1:1
trillion per satoshi...
Diablo-D3: I'll even seed
the pot with 100 BTC
Namworld: 1 chance on a
trillion per BTC?
Diablo-D3: I might not have
the right magnitude
Namworld: Assuming one winner every 1
trillion, pot should reach an average of 10k BTC
Diablo-D3: the pot could go up
to
thousands of btc
Diablo-D3: Chaang-Noi: have like a 1 in a
trillion chance of winning
Chaang-Noi: bowjob all day
these spikes of sells, someone is dumping with out killing
the market
Bowjob: im watching
the action on coinlab
Diablo-D3: and all
the money
that goes into
the jackpot stays
there except, say, 1%
Bowjob: so we might see
the action in euro
Bowjob: those cypriots.. i assume
they will deal in EUR
Bowjob: i want a simple exchange.
transfer money -> buy btc, withraw
Chaang-Noi: d3, ill pay you
to make one for me in ltc :)
Bowjob: i just look at cavirtex.
too many fucking rules
Diablo-D3: I
think I might consider starting a SD competitor