982200+ entries in 0.681s
Anduck: but it _grows_
the hype for bitbet
mircea_popescu: "from
the owner of mpex" is fact, not hype in
this case.
mircea_popescu: dub
the disadvantage of news getting out :
the forum moves
to irc
dub: please stop
talking
to
this waste of oxygen
Anduck: it's "from
the owner of mpex" -
that's enough
to grow up a hype
Anduck: i don't
think it's really about advertising about it or not
Anduck: A fad. A clever marketing strategy which a product is advertized as
the
thing everyone must have,
to
the point where people begin
to feel
they need
to consume it.'
Anduck: UD
tells it
the best way: '
Anduck: duhh..
thats not
the definition of hype
mircea_popescu: not a matter of people discussing facts in
their out of
the world irc channel.
mircea_popescu: and hype is a matter of repeating dubious/false claims
through many channels.
Anduck: it's like some real world companies.. people praise
them like gods and _really_
they just poop in
the customers heads
mircea_popescu: add up
the bets made in
the past week, see what 80% is on bitbet.
Anduck: good hype
there, yes..
mircea_popescu: "Let's see how well it does after
the hype has cooled down."
mircea_popescu: Bugpowder
there's more but
those
two can be enough for now i guess
Bugpowder: Anduck betsofbitcoin sucks because
they don't have variable
time decay and
they don't have any big bettors setting odds lines with
their own capital. Bitbet will have both.
jurov: "Spoiler: It's not going
to beat betsofbitco.in" haha btctalk delivers
dub: MP is currently summoning bitches
to casually whip while he strokes his beard and ruminates over his success
Anduck: whats
the estimated profit of bitbet / mo?
mircea_popescu: part of
that because people know
they've got mpex backing
them.
Anduck: +
there already exists services like bitbet.us and
they've not succeeded very well after start
Anduck: S.DICE makes most of
the whole bitcoin
transactions,
they make huge profits in a month
jurov: Anduck, if you open and fund a coinbr account, i may be persuaded
to explain
mod6: oh, i
thought you said before
that it was
tldr
Anduck: wasnt in
the faq if i remember correctly.
mod6: take some
time, read
the faq?
Anduck: so
there aint a simple answer?
mircea_popescu: you'll have
to dig
through old documentations/discussions.
Anduck: that guy is
trolling or something
Anduck: "
The hacking collective doesn’t consider DDoS as a form of attack and equates it
to hitting
the ‘refresh’ button on a webpage."
dub: I want anyone
that agrees with
that dead, immediately
Anduck: why should
they be legall..
dub: everyone get off
the internet
Bugpowder: particularly in markets
that are very inefficient
tzui: mircea_popescu will you lower
the ask price if no one buys?
Anduck: mircea_popescu: is
there a c++ server running mpex or just php + db?
Bugpowder: this is a much better valuation method
though
mircea_popescu: Anduck, sometimes prices go up, sometimes
they go down. it's
the nature of
this beast.
Anduck: that was a nice example of how
to do profit when ipo happens
Bugpowder: there was profit
taking after
the run up
though
mircea_popescu: Bugpowder ok.
that's
the sort of shit im
talking about.
Bugpowder: Weird...
There average price I paid, after profit
taking for my current shares is within 0.2% of
the mean price
jurov: btw, was
there any bet wrt IPO?
Namworld: with 30% sold.
The remaining 10k asks are what's left of 3 million shares IPO
Anduck: and
this was
the first one
Anduck: mircea_popescu: how much proportion of S.BBET got sold
there?
Anduck: people will be so mad when
they realize
they bought
the shares 1000x over real price :D
Bugpowder: stuff was filling more slowly
than
that based on my page refreshes
dub: I hit
trilema from corp, shows 4 credits, I go back and
theres none
mircea_popescu: (didn't
take a second, either,
they just all came
the same second)
Bugpowder: mircea_popescu Not sure about
that
jurov: fucking can't believe it...apparently coinbr *did* manage
to correctly split
the carnage between 6 users and dozen orders
Namworld: Well damn, I only made 10 BTC off of
this IPO
Anduck: mircea_popescu: when will you be aged 40 and
turn pir...pir.... you know.
mircea_popescu: wait
till he realises s.mpoe makes me worth like 600k btc
lyspooner: he's like "it's possibly not awesome" and you were like "nope,
totally awesome"
lyspooner: it's
totally awesome and like provably awesome
too
Anduck: mircea_popescu: how much of S.BBET got sold
there?
lyspooner: i read
the (new) article about how awesome mpex is
lyspooner: how are
those cme-based futures' volumes on mpex
assbot: If
the milk
turns out
to be sour, I aint
the kinda pussy
to drink it.
assbot: If
the milk
turns out
to be sour, I aint
the kinda pussy
to drink it.
dub: I am consitently amazed
that you are able
to remember
to keep breathing let alone connect
to IRC
Anduck: and 20%
to
the shares.. shares
that seem
to value over 20000 usd overall
Anduck: anyway, you will keep 80% of
the _PROFIT_ yourselves
Anduck: i am amazed if you make over 10 btc
this month in fees.
Anduck: sell a just started, not proved
to make any money service, and if it did, it would be <10btc/mo -sell a little part of it, for 20000 usd
Anduck: nice business
there, mp and kako
Anduck: well i just mean
that...