log☇︎
995800+ entries in 0.717s
mircea_popescu: just sell the fucking tbills and forget govts even exist.
mircea_popescu: anyone still extending credit to a government these days is absolutely loony.
Namjies: Can someone explain how the UN can enforce taxing billionaires around the world? >.>
smickles: that thing they thought of after seeing hitler fail?
mircea_popescu: who the fuck is the un again ?
mircea_popescu: Fox News claims in an exclusive report published this week that among the global taxes slated to be considered by the UN this year are a 1 percent tax on billionaires around the world, a “tiny” tax on all financial transactions worldwide and even yet another fee tacked on to already heavily-taxed airline tickets.
jcpham: splish splash i was taking a bath
smickles: and that's assuming I have the correct data to begin with
smickles: according to my math, if the fish is 10, and you repeatedly go after it with a .1 fish, you should lose over the long haul average
smickles: but you wouldn't expect to profit if the odds are a certain way
mircea_popescu: ie, you can just keep attacking till you wipe him.
mircea_popescu: the reason it makes sense to attack a large fish if you have more money than his weight is gambler's ruin
smickles: if i've done it right, it makes sense to attack an 11 or higher fish when you are .1
mircea_popescu: anyway, enemy weight * your chance to bite it should always be equal to your own weight.
smickles: self-chance = 1-enemy-chance tho
smickles: yeah, now that I have all the data in there
mircea_popescu: you realise you can just simplify "chance" out of that ?
smickles: and 1% to the owner
smickles: 9% to ally
smickles: half the enemy is taken as winnings, and 90% of winnings go to you
mircea_popescu: the odds are 1:101 for B to win and 100:101 for A to win.
mircea_popescu: A stands to gain .5 and to lose 50, B to gain 50 and lose .5
mircea_popescu: basically the way i see it, 100 btc fish A and 1 btc fish B
smickles: kk, one sec, i don't think i can copypasta
mircea_popescu: can you just quote the thing here so i don't have to make a new fish ?
smickles: and click "click here to read how to play"
smickles: when true, attack
smickles: mircea_popescu: it varies based on the given fish weights
mircea_popescu: smickles im not so sure you did that math right.
smickles: probabilistically, you want to aim at the fish which gives you the least odds of winning, so long as it is large enough compared to you
mircea_popescu: pretty much what you want to do.
smickles: and the odds of loss in consideration of 50% of your own weight
smickles: consider the reward of 90% of the larger fish to the odds of loss
smickles: kakobrekla: i think that is a good position to hold tho
kakobrekla: I would probably play a .5 fish 20 times tho...
kakobrekla: wait, doesnt the size of the fish reflect your odds of winning a battle
smickles: where he said he wanted to buy the fish game and make it 0-conf
smickles: kakobrekla: the question stemmed from my calling him famous
kakobrekla: ah i thought there was more to it
pigeons: yes freemoney owns sealswithclubs and micon is paid as the pro and to promote last i heard
mircea_popescu: EVERYONE WAS BORN THEN
smickles: mircea_popescu: it seems freemoney was the op of the sealswithclubs forum post https://bitcointalk.org/index.php?topic=40077.0
smickles: lol, i was totally taken in
smickles: http://blog.smickles.com/bitcoin/the-biggest-fish/#comment-8 << i'm not really sure what this is about
mircea_popescu: support : we are sorry but we are out of cash today and it was a holiday in japan.
mircea_popescu: user : here, they've not paid me ONE MONTH LATER!
smickles: Ok, well, i'm asking them if they are related now :)
mircea_popescu: smickles i don't know that he isn't, which is whuy im asking.
smickles: mircea_popescu: oh? i thought fremoney was significantly involved
mircea_popescu: you're the goatse ? i fed you earlier a little. like the idea.
smickles: iirc, it's the most active online bitcoin poker site
mircea_popescu: what fame is that ?
mircea_popescu: why buy them out ? "very low barrier to entry" "anyone could make a game"
smickles: mircea_popescu: did you notice the new fishgame address and someone trying to buy them out? http://blog.smickles.com/bitcoin/the-biggest-fish/#update_2_22nov12
mircea_popescu: http://pastebin.com/HxfJvM8H isn't this cute ?
gribble: BTCUSD ticker | Best bid: 12.26859, Best ask: 12.30000, Bid-ask spread: 0.03141, Last trade: 12.31000, 24 hour volume: 60247.09652593, 24 hour low: 11.67000, 24 hour high: 12.43000, 24 hour vwap: 12.08073
smickles: we'll see, did you actually point your article out to him?
mircea_popescu: i'm curious if the biggest fish guy makes the changes proposed.
mircea_popescu: smickles what's worth mentioning is that mpoe actually existed one week before bitcoinica.
pigeons: well at the very least, they both stopped paying
mircea_popescu: interesting how that works innit.
thestringpuller: and they both defaulted?
pigeons: mircea_popescu issued cdoish things invested into such top rated securites as usagi's issues and patrick harnett
mircea_popescu: it's on the forum somewhwere, i think if you search for mpcd it'll pop
mircea_popescu: it was an attempt to create a CDO series
thestringpuller: what was the mpcd series? I am still uninformed, I apologize.
pigeons: EskimoBob defrauded me, he lied that he owend one share of something usagi had, and usagi the honaorable said he didn't, so by some way i haven't figured out yet, bob scammed me
mircea_popescu: who's butthurt cause he was kinda told to pack it here http://trilema.com/2012/ciuciu-bond/#comment-87615
mircea_popescu: but the explanation is quite simple : everyone left. the only guy left is some schmuck from Ro by the name of mihai something
mircea_popescu: smickles you wouldn't expect bitcoin magazine to make sense would you.
smickles: yeah, I didn't look into it far enough to find out why you were redacted
mircea_popescu: <smickles> https://bitcointalk.org/index.php?topic=127096.0 Oh, by the way, i'm suprised i wasn't mentioned here, and mircea_popescu was edited out << lmao i was in there ?!
thestringpuller: lets ruthless take over mpex
smickles: lol, timesink, that one should be
thestringpuller: I need a time machine
smickles: I finally got my wife to stop acting like a drunk person (bringing a whole tree into the house)
thestringpuller: I'm starting to hate christmas
smickles: and that's still 30 cents away
thestringpuller: Ugh christmas time again
thestringpuller: I spelled that rong
thestringpuller: i don't trust icbit based on your affidavit
smickles: if you trust icbit, there are still futures pretty low
smickles: aw, too bad
smickles: You still expect the exghange rate to go apeshit here sooN?
thestringpuller: i couldnt get online in time last night to get the calls
gribble: Estimated time of bitcoin block reward halving: Thu Nov 29 02:40:44 2012 UTC | Time remaining: 6 days, 2 hours, 50 minutes, and 0 seconds.
smickles: My pleb, thestringpuller
smickles: I'm actually a little suprised that sudoghost say my blog, that page has only had 170 views, and that's about half as many as the biggest fish page has had
Namjies: If the tidbit was reworded to "has been accused of", I'd be quite fine with it.
Namjies: But yes, it was not worth the mention on wikipedia.
Namjies: so I didn't read the statement as saying Bitcoin was a Ponzi.
Namjies: and I don't rely on someone criticizing something as a Ponzi to be a proof it is...
jurov: there's thorretical semantics and there's practice
jurov: Namjies, yeah, but i wouldn't rely on that in election campaign, for example :p
Namjies: I would have read it as being a Ponzi if they said the owner/administrator admitted it was a ponzi and could link to articles/investigation/reports/etc quoting/claiming so.
smickles: lol, it is a republic tho
Namjies: "Some people criticize the US government for not being a democracy" <--
Namjies: It implies the person who criticize it believes it's a fact/fault
jurov: implication that can be pretty damning, too
Namjies: Perfectly valid usage, yet it doesn't prove what you criticize is true.