974200+ entries in 0.681s
gesell: your curosity doesnt end with
the
technology
though. it starts
to extend into manipulating feer and reaction
to having
their security and systems go
to sht
mjr_: because one of
the large motivations is curiousity...
mjr_: i'm not sure about
that...i
think most people who know linux don't mind doing some L33T haxor stuff now and
then
gesell: so my point is
there is going
to be a lot more granularity between black market hackers and
the norm, whereas
today its a much larger jump mentally
to go from one side of
that
to
the other
mjr_: yeah, i
think its always
the funniest when people spend
their
time
talking about
things
they don't like/ believe in....like r/atheism
mircea_popescu: i find it incredible
these doods dedicated 2mn words
to explaining why btc sucks
to
themselves.
gesell: many hackers find 0day and sit on it because publishing wont bring you more money and you already make enough
to not care so much. and many companies are horrible about patching and fixing (looking at oracle/java and adobe/flash here). so you sit on it. so, lots of people in
this field know
that yeah
they could pwn xyz companie, grab all
the credit cards and
then go sell
them. but why deal with
the hassel of
the law. it just requires
too much strategizin
gesell: bitcoin is going
to change
the field of hacking as much as it does finance
jurov: gesell, do you know
there was successful doublespend attack
to satoshidice?
gesell: "The dealer will have an Ace as his up card approximately once every 13 hands. Four out of 13
times,
the dealer will also have a 10 in
the hole.
This means
that you would get
to exploit
this bug approximately four
times every 169 hands (1/13 x 4/13).
This
translates
to a 2.366 percent more favorable situation for
the player. Without
the exploit, you would expect
to lose 56 cents for every $100 bet. So with
the exploit,
this
translates
to a 1.778 percent
gesell: sorry, but gonna paste
this one on how
the author worked out
the advantage due
to delay on insurance buy (when dealer has ace showing) and working out
time required and money
that could be made:
gesell: really? mpex? damn i would've
thought mircea_popescu rolled with some
textfile foo database like a boss
jurov: so far i only gathered information it seems
to use mysql :)
gesell: the author worked out how
to execute
that advantage
to make oodles
Namworld: So, like.... 0.00000067 BTC per share
this month for S.BBET?
gesell: noticing
this small delay sometimes in bitzino blackjack where after i "stand" and
the dealer contemplates what he does
there is sometimes a long pause, sometimes not. could be nothign but reminds me of an article 10 years ago in 2600mag where someone saw something similar
that indicated when when
the dealer had 21. actually it would happen whenever it asked him if he wanted
to buy insurance.
there was a 5 second delay in
the dialog if
the dealer had 21.
mircea_popescu: sed -e :a -e 's/<[^>]*>//g;/</N;//ba' << anyone
tell me what
that does ?
jurov: mpoe-pr meets somethingawful? now
that would be something
pigeons: smells like old liquor when we're out of
teen spirits
mircea_popescu: so if anyone cares im curling
that sa
thread and will post it w/o all
the cruft
gesell: because someone else might. because you are going
to have competitors coming in
that have dealt with fiat hassels for a long
time and now adding btc
gesell: mircea_popescu: i
think so
mircea_popescu: sdice actually makes significantly more
than mtgox neh ?
gesell: but i'd still contemplate if
this friction could be measured
gesell: i guess he's more focused on stability at
the moment, which is fare
gesell: if i had
the exposure
that sdice is getting i'd start
to
try
to find ways measure
the effect of bitcoin-user-bootstrap friction and process, and
then reweigh
the hassel of dealing with fiat depending on number of users. I mean consider
the profit
that MTGox makes and
they have
to deal with
this hassel, and
the profits SDice has.
the question is if reduced friction for fiat entry
to btc
to sdice would add a logrythmic increase in profits...
mjr_: i am going
to
try bitzino for
the first
time :)
mjr_: that is one of
the reasons sdice and
the others are doing so well, super low overhead, and easy
transfer in and out
mjr_: yeah...avoid
the regulation as much as possible, you would probably lose money because of
the compliance requirements
jurov: but it's
too big hassle
to deal with fiat in realtion
to gamblin and securities. i'm glad i don't have
to
jurov: but it's
too big hassle
to deal with fiat in realtion
to gamblin and securities. i
mjr_: maybe using
the contracts feature of bitcoin
jurov: gesell, be assured
they did contemplate. i did
too
mjr_: i look forward
to
the day you can get a home loan in bitcoins
Namworld: lol... almost no fees for Bitcoins. It's fund when you eliminate all
the regulations/employees burden on
transactions.
gesell: mircea_popescu: all
true. but if you might contemplate how
to make it easier for people
that hear your pizza is great but dont come because
the path seems complex,
to make it less complex
mjr_: good idea
to have an easy inroad, but bad idea for
them
to
touch USD
mjr_: stick
to making pizza
mjr_: then get
the joy of paying
the fee again on
the reverse
mjr_: yeah...bank account
transfer
Namworld: one
time setup and
then you're set
Namworld: bank account
transfer
to one of
the exchange... how hard is it, really
gesell: how do online gamblers say, in
the EU, deal with
this now? getting funds in i mean
gesell: guess its all messy. but just looking at how
to reduce
the barrier from a gambler hearing about sdice and bitcoin, and
then going off
to figure out how
to get started
jurov: well, gambling is regulated almost everywhere.. easier just
to stick
to btc
gesell: yeah guess
that is out of
the picture
gesell: has sdice
thought about becoming a payment processor as well so
that it can
take USD emmediately? of course it comes with
the headache of other exchanges but with sdice's current exposure in
the "real world" it might bring lots of new players aand new bitcoin users
jurov: yes someone wrote complaining blogpost about
their
troll activity on btctalk/reddit
Namworld: and
they're informed enough
that some of
them are probably lurking around bitcointalk.org posting inane content.
Namworld: 364 pages of bitcoin related posts and
trolling
Namworld: Seems
they're making fun of scams, Bitcoins and etc.
Namworld: Anyone ever
thought of going
there and sealing it? Seems like
there's a
trolls leakage.
Namworld: Seems
those guys are aware of EVERYTHING happening in
the Bitcoin community...
mircea_popescu: i
think you meant 20th march said february in
the btctalk post
mircea_popescu: This asset is available for shorting
to anyone who provides collateral. Please inquiry on info@coinbr.com about doing so. Escrow at
trusted
third party is possible.
Namworld: Wow.
That's a huge crash. 2% under face value
ShaTwo: mircea_popescu: I will… I didn't sleep in 40 hours … so I will leave for
tomorrow :)
gribble: (register <nick> <keyid> [<keyserver>]) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without
the '0x' prefix. Optional <keyserver> argument
tells us where
to get your public key. By default we look on servers listed in 'plugins.GPG.keyservers' config. You will be given a random passphrase
to clearsign with your key, (1 more message)
mjr_: i was like "what
the..."
mjr_: ShaTwo: omg
the coins falling is loud
Ukto: your system is very similar
to one I have in
the works lol
mjr_: i'm working on getting bitcoins accepted on
this other site
too
mjr_: especially because i don't want
to say "trust me, it works"
mjr_: which is pretty
tough
mjr_: i wanted
to explain public key cryptography in as simple
terms as possible
mjr_: but i can update it
to show how it is used in
this instance
mjr_: yes...that is how bitcoin works...i
think
that section was more about cryptography in general
Namworld: should be private key sign
transactions and must be kept private
mjr_: but in order
to send an encrypted message...i would encrypt it using your public key, you would be
the only one able
to read it
Namworld: yeah, but it says
the public key encrypts and can be given, and private key unencrypt and must be kept private
mjr_: since i am assuming a non
techie audience lol
mjr_: but i did not want
to get into very small dettail
mjr_: you are signing
the message with
the key
mjr_: i mean
the messages are not really encrypted
ShaTwo: Love
to ear comment on
the site..
Namworld: the private key decrypts and
the public key encrypts? I was certain it was
the other way around.
mjr_: hmmm, might be able
to but it is slides...would pdf work?
mjr_: and are
they worthwhile? i am interested in
the cash deposit method