log☇︎
979500+ entries in 0.718s
pigeons: ooh now this is a smooth platform mircea_popescu
pigeons: blockchain.info probably implements signing different than the reference client, i know armory does also
pigeons: im verifying this out in the public, openly
mircea_popescu: you're the oens getting paid
pigeons: in the peanut gallery
mircea_popescu: im a party not teh judge!
pigeons: ok well anybody out there
mircea_popescu: omg i never tried
pigeons: my computer is 2/3 between debian unstable to experimental downgrade to unstable. the version of libc i last installed bitcoin against is no longer on my machine
mircea_popescu: pigeons btw, were you able to verify the rota guy ?
pigeons: well they really do think its a neat idea, and you won't be able to convince them otherwise until they turn 13 at least
FabianB: ic, its 1% of the bet size
mircea_popescu: if you put the 100th btc in late enough you might not actually win enough of the 1btc to make up for the 1% you'll be charged
mircea_popescu: vig is thus 1.01 btc
mircea_popescu: say there's 100 btc to 1 btc
mircea_popescu: if you bet very late and the odds are very low you can end up paying a little like that.
mircea_popescu: FabianB the reason is this : site takes 1%
FabianB: http://bitbet.us/bet/53/bitcoin-below-13-00-before-january-15th-2013/ <-- looks like you can loose even if you bet on the right side (last bet)
Jewish_James: ive only guessed the formula twice
Jewish_James: no, just doing other things and i havent got the payouts calculated correctly
mircea_popescu: is this the first time you're betting on anything ?
Jewish_James: so im assuming the weight number a percentage? I'm trying to figure out the payout formula including the 1% fee and preventing the house from gambling its own money which i assume it doesn't do
Namworld: The earnings are proportional to bet amount multiplied by "weight". Usually the more time passes, the less weight bets have.
mircea_popescu: look at one of the closed bets maybe ?
Jewish_James: most of the propositions are very one-sided, so say you pick the favored choice , does everyone have to make equal sized bets, or could someone bet a huge amount and greatly reduce the winnings for everyone else if that side wins
Jewish_James: and the wager amount?
mircea_popescu: proportionally by the time weights
mircea_popescu: Jewish_James the side that prevails splits up the bets of the side that lost.
Jewish_James: can someone explain to me how the winnings are calculated at bitbet?
gribble: BTCUSD ticker | Best bid: 15.39001, Best ask: 15.46999, Bid-ask spread: 0.07998, Last trade: 15.39001, 24 hour volume: 60508.16264848, 24 hour low: 15.25000, 24 hour high: 15.94390, 24 hour vwap: 15.58379
mircea_popescu: is tom on drugs nao ?
mircea_popescu: "We took multiple 20k+ refunds left and right without batting and eye lash because we believe in this project and we know we will be releasing our bASIC Bitcoin mining units sooner than everyone else, especially our good friends BFL."
mod6: gotta love the melvins
mircea_popescu: they know better than anyone, all the way to the wall.
mircea_popescu: bah these people.
mircea_popescu: I too will offer a large percentage for Mr Shavers.
mircea_popescu: it's not that old.
Bugpowder_: in the science fiction hall of fame Volume I
thestringpuller: it's kind of like that old story mimsy was the borgroves
thestringpuller: it's a good way to explain it for our current psychology
smickles: i just love how, if you get into fine enough detail, particles, waves, atoms, none of those are practical models of reality
thestringpuller: how about this for reality - http://www.quickmeme.com/meme/3smh94/
smickles: we're probably close tho
smickles: it's only statistically b/c we don't yet know the fundamental nature of reality
mircea_popescu: hence the word statistically.
mircea_popescu: some people win dice games too.
mircea_popescu: you keep the milk ?
kakobrekla: you can have her and the dog.
mircea_popescu: hahaah what do the winner get, the girl ?
mircea_popescu: hehe many say that.
kakobrekla: i visit more than tha.
mircea_popescu: http://polimedia.us/dtng/c/src/13585607088.jpg << somebody needs to hire her as pr.
mircea_popescu: hi, welcome to Willams Bakery, we sell sausage.
kakobrekla: "hi, i'd like to marry your daughter" "what can you tell me about yourself ?" "im missing an arm, both legs and half of my head"
mircea_popescu: "it doesn't fall to pieces"
mircea_popescu: "hi, i'd like to marry your daughter" "what can you tell me about yourself ?" "i have a penis"
kakobrekla: well, having your site not fall to pieces is a good first step ya know
mircea_popescu: sure there's gasoline. it's a commodity. widely available, not too expensive.
mircea_popescu: it's like a "new car company" came to the car show on the strength of "there exists gasoline"
mircea_popescu: Namworld people need to start coming to terms with the fact that coding doesn't matter.
kakobrekla: hehe there about :>
mircea_popescu: kakobrekla how many bet sites since the bitbet ipo ? 11 ?
Namworld: Well at least they could afford to do a proffesional design like SatoshiDice... but what about the coding?
Namworld: Is there anything MPOE-PR doesn't or cannot chew on?
kakobrekla: o looky something for -pr to chew on https://bitcointalk.org/index.php?topic=137291.0;topicseen
kakobrekla: >>people were crossing out the "V" on the wristband so that it read "LIE STRONG"
mircea_popescu: then it mysteriouslydidn't make the unspecified reserve
mircea_popescu: jurov a i recall that, they put it up for sale cause "legal concerns" on the site itself
jurov: and in meantime there were some offers to sell bitmit that were later retracted (decoys, perhaps?)
kakobrekla: what happend to bitmit or that ebay like bitcoin site
kakobrekla: dont forget do drop these in your eyes before going to teh forums http://shrani.si/f/1O/HE/1XrqjeDY/imag0276.jpg
mod6: hey whats up thestringpuller
gribble: smickles was last seen in #bitcoin-assets 35 minutes and 32 seconds ago: <smickles> topace?
gribble: BTCUSD ticker | Best bid: 15.74001, Best ask: 15.75000, Bid-ask spread: 0.00999, Last trade: 15.74001, 24 hour volume: 58044.24259200, 24 hour low: 15.41000, 24 hour high: 15.98500, 24 hour vwap: 15.67347
markedathome: and the followup advice!?
mircea_popescu: price keeps soaring upwards and other things.
mircea_popescu: who was the havelock guy ?
mircea_popescu: something like that.
Namworld: top 110%... is that 10% out of the range of the normal population? Aka in the -10%?
jurov: btw, on the topic on "over average minds" today's dilbert is spot on
jurov: mircea, this is what worries you? "If Bitcoin grows too quickly - too many great minds might be idling around on beaches and frolicking with hookers n blow instead of building great things"
mircea_popescu: shoudl calculate moar times
jurov: theymos should raise money for phat pipe and moar serverz...and then vanish :P
mircea_popescu: i guess im the only person that's not really worried about that ?
afk_afk001: hopefully, he is never going to contaminate the gene pool :)
lkjlkjlkj: I was reading this http://trilema.com/2013/the-advantages-of-having-a-baby/ Master Puppet pasted here and I think this impotent fuck is a retard
jcpham: also this: https://www.youtube.com/watch?v=zQ36S3d1CaU
Namworld: lol, what the fuck
mircea_popescu: at tankpoint ?
jcpham: probably in the last 5 years or so
jcpham: i've basically overtaken anyone that might provide me with some nest egg or inheritance
mircea_popescu: ok jurov, i think that's her meanest to date.
mircea_popescu: "o ease the point into a "low information voter" sort of mental context, think of it in terms of television"
Ukto: but thought better of it
Ukto: alsomst used the 1st...
Namworld: The system is ineficient and always rely on paper... It's expensive and time consuming to maintain...
mircea_popescu: Ukto does she get spanked if she misbehaves too ?
Namworld: Can the gov finally make it's system fully digital? Valid for almost any government in the world.
Ukto: hate inheritence tax
Ukto: and taxes