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Howdy everybody! Just spreading the good word that this year's annual DEF CON (world's largest hacking conference in vegas) music compilation is now out, and taking Bitcoin (and normalcoin... and Dogecoin) donations to support the Electronic Frontier Foundation! It includes a slew of awesome top-tier artists like DJ Spooky, Elite Force, KRS-One, and MC Frontalot along with a ton of others. 100% of any generated revenue goes to the Electronic Frontier Foundation (EFF, http://eff.org): a non-profit 501(c)3 legal institution dedicated to protected Internet civil liberties. You can grab it here! http://music.gravitasrecordings.com/album/def-con-22-the-official-soundtrack
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My divs, too, arrived I've had the same problem, and I noticed that you also won shares from SebastianJu's auction. I did as well. I've received no dividends at all today, and this is the first this has happened to me... Where is friedcat?
I had ASICMINER-PT shares on BTC-TC. I have withdrawn my remaining coins two weeks ago, and I have told friedcat my email address and Bitcoin address via a personal message, too. But I have not received a few dividends (Nov 6 and 20 and 27) after then.
Does friedcat have any problem? I have no reply.
same here - what to do? After BTCT wind down my shares were converted to direct and were working fine. Until today. Write again about missing dividend(s). Sign your message with address in question. Unsigned messages are most likely being discarded! Yes, everything has been working fine for me for the last several months until today. I have never sold any direct shares, so it was very surprising to see that my apparent number of shares went down. Anyway, I am confident that this will be resolved... but it might take a few back and forth e-mails.
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Update: Looks like it all came through OK for me. Thanks SebastianJu! Good luck ChrisWelmer - I hope your issue gets resolved.
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I've had the same problem, and I noticed that you also won shares from SebastianJu's auction. I did as well. I've received no dividends at all today, and this is the first this has happened to me... Where is friedcat?
I had ASICMINER-PT shares on BTC-TC. I have withdrawn my remaining coins two weeks ago, and I have told friedcat my email address and Bitcoin address via a personal message, too. But I have not received a few dividends (Nov 6 and 20 and 27) after then.
Does friedcat have any problem? I have no reply.
same here - what to do? After BTCT wind down my shares were converted to direct and were working fine. Until today. Write again about missing dividend(s). Sign your message with address in question. Unsigned messages are most likely being discarded! Yes, everything has been working fine for me for the last several months until today. I have never sold any direct shares, so it was very surprising to see that my apparent number of shares went down. Anyway, I am confident that this will be resolved... but it might take a few back and forth e-mails.
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Strange. I've received no dividends at all, including from my normal/older AM shares.
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Doesn't Friedcat usually keep an email address associated with the Bitcoin address as well? At least that's what was needed when dealing w/ share x-fers w/ Burnside + TAT... I think you might need to collect some email addresses as well: https://www.havelockinvestments.com/fund.php?symbol=AM1-S
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ok let's compare (this time with all of the information)
2013-11-27 2013-11-27 0.00199664 2013-11-20 2013-11-20 0.00132577 2013-11-13 2013-11-13 0.00299000 2013-11-06 2013-11-06 0.00290692 2013-10-30 2013-10-30 0.00353360 2013-10-23 2013-10-23 0.00374772 2013-10-16 2013-10-16 0.00403284 2013-10-09 2013-10-09 0.00486048 2013-10-02 2013-10-02 0.00800337 2013-09-25 2013-09-25 0.00879957 2013-09-18 2013-09-18 0.00967485 2013-09-11 2013-09-11 0.01355608
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My guess: 0.013, because I'm speculating that FC's trying to stabilize the div payouts to help squelch share-price volatility.
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Couple things (please note, I'm not taking sides on the issue. I'm playing devil's advocate). 1. If you Google well enough, he has some legitimate publications. Here's the FWD of his book: http://link.springer.com/content/pdf/bfm%3A978-94-011-5104-7%2F1.pdf Springer is a legitimate academic press. 2. Here's someone who wrote an actual academic review of his book: http://www.theassc.org/files/assc/2495.pdf3. He's not a professor (as far as I can tell). It's not uncommon for people who aren't professors yet who did a PhD to only have a few (sometimes if any) publications. 4. I do get a gimmicky vibe from his blogs, but that's mostly because they're new and don't have much of a following (yet?). You've got to start somewhere. 5. His public track-record via Google is light, and what there is seems to be more focused on psychology/therapy/philosophy. 6. @ Greg: Bitcoin users have a healthy dose of skepticism and conspiratorial thoughts from its rich history scamming, so heat over credibility and identity comes with the territory. 7. @ Greg: If you do want to lend yourself some more credibility, you might consider posting a more formatted CV and list your publications (ideally with direct links to grab them).
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Feature request, and maybe this is silly / has been brought up before, but I'd love to be able to schedule purchases at market rate with a spending limit. E.G. : If I have the funds in the site wallet to be able to say "purchase as many shares of X as possible on Fridays 4PM, <TIMEZONE. at the market rate, with a limit @ YBTC/share and a limit of ZBTC total."
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We've had a ton of downloads and a bunch of good standard (e.g. paypal) donations since posting this, but only 2x individual BTC donations! I know you guys can do better (even if just donating a teensy tiny bit!)
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DEF CON (defcon.org), one of the worlds largest and oldest annual hacking conferences, with help from Gravitas Recordings are proud to present 2013's DEF CON soundtrack. This is a free/pay-what-you-can donation based released, where 100% of the generated revenue will be going to straight to the Electronic Frontier Foundation (EFF, eff.org ), a 501(c)3 not-for-profit dedicated to protecting our Internet freedoms and privacy. We hope you enjoy this! If you do, ** please consider donating. ** Donation address: 1At9p4Gt3tMGYot9xsZVvUXXvfvWqxXa1w(be sure to verify this on the Gravitas link below!) >> http://music.gravitasrecordings.com/album/def-con-21-the-official-soundtrack <<
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BTC-TC's UX is generally pretty rockin compared to everything else I've seen. That said, the general design aesthetic doesn't look super good or professional (sorry, Burn!)... sort of like Reddit. Hurts the eyes, but it's nicely functional, and that's really what matters at the end of the day. It's what keeps people coming back. Burn being an active, fairly transparent, and generally responsive participant also does wonders and helps maintain confidence in the service.
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Soooooooo, any updates on the split? Things seem to be getting... pricey.
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I'm probably not 100% understanding how this works, but is it true that if the rate of people investing outpaces the amount gambled, the returns will dilute? If so, would it make sense to have some sort of on-the-fly tracking/scaling of a total allowable house investment base on a windowed rate of house gain? Something to keep a fix on the estimated rate of return. Just like there's a max-bet determined by the pool size, this would be keeping the other side of the coin intact.
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Any chance you might be able to add yubikey support for 2fa?
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Casting my "vote" that I think a split would be a good thing. It's a cool fund and would be nice for the shares to be more accessible + easier to re-invest in from other dividend sources.
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I didn't know about this until today. Just mentioning as I sold some of mine @ a rate of 7100... well below what I've seen people offering on here, and without any trust/escrow hassles. http://www.reddit.com/r/Bitcoin/comments/1fgij0/i_just_received_xrps_as_a_gift_how_do_i_convert/[–]Prattler26 4 points 4 hours ago
In Ripple: open your wallet -> advanced tab -> trade -> change issuer to rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B (bitstamp) -> sell your XRP and get your BTC -> send BTC to the address you get from bitstamp
There is no need to grant trust to bitstamp.
[–]ClivePalmer 4 points 3 hours ago*
Now what? How do I get my BTC out of ripple? Edit: So now I go to bitstamp, open an account (or login) and then click on "Deposit" and then on "Ripple" and then follow the instructions to send the btc to bitstamp within ripple.
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Asicminer is not setting any sort of precedent. Dividends used to be weekly back in the old Global Scam Exchange days (with some daily). MPEx set a precedent by getting rid of the sort of bullshit. The only surviving corp off the Global Scam Exchange hasn't yet gotten the memo, they're stubborn. They'll learn. So will you. Did I strike a nerve? Anyways, I didn't know - but even if it's not a precedent, I think moving to a weekly dividend pay-out could make confidence in the stock return more quickly... You need to read up on Bitcoin. Don't start with the concept of provably fair, start with the very basics. You need to read up on cryptography. Don't start with "why does a hashing function have to yield uniform distributions", start with the very basics. I think you misinterpret what I meant. Provably fair means that the game isn't rigged (i.e. the house isn't cheating the gambler), not that the statistics of the game itself are good. I know Satoshi Dice is provably fair: the public keys (that represent the secret daily message) were put into the blockchain before the site's launched. I've gone through the whole verification process of both validating that the secret matches its public key from the SHA256 hash, and that the "lucky" number is properly produced, by doing the keyed SHA512 on the txid+secret message and looking at the top 4 digits. This part of the system certainly work. I'm talking about the casino statistics of the game itself, and setting the game parameters (such as allowable min/max bet) so that the profit/loss variance is smaller (i.e. you're less likely to report a loss for the month). It is probably uniform, but if the distribution of "lucky" numbers happen to not be uniform, then this could be probabilistically exploited. E.G. If numbers < 32,000 tend to lie more in the 1:16k range than in the 16k:32k range or vice-versa. Something like this could contribute to a bigger profit/loss variance or bias it. Weekly dividends would increase the apparent variance not reduce it. In terms of reducing the variance in general there's a few ways to do it : 1. Increase the house edge. Can't see this being a flyer. A fairly low house edge is one of the best means SD has to make it hard for significant competition to arise. 2. Reduce max bet size (variance is much lower on 100 bets of 1 BTC than 1 bet of 100 BTC). This isn't viable for very similar reasons. People who want to make a 100 BTC bet won't settle for making 100 1 BTC bets. 3. Remove the higher-odds wagers. Not a good idea - if SD doesn't provide them, other sites will. Which leaves the ONLY viable way to reduce variance without losing market share - increase volume. That's what efforts need to be focussed on, not analysis to establish very basic facts already known (e.g. to minimise variance you'd ony allow bets of exactly the same size on a single bet type). You have work within the range of what those betting actually want - and, unfortunately for SD, people don't want to bet a fixed amount on a single bet. They want to be able to try to design variations of Martingale and other betting systems. Whilst none of those systems can work some DO add a lot of variance. Variance is the price the house has to pay to get people to wager on an unfair game (by which I mean no more than a game where one party has an edge). You beat variance with volume - and over the long-term - not by driving away customers to try to avoid short-term losses. Great counter, thanks. I'd just like to see the perception of SD itself look more like a business with a steady revenue stream, rather than a gambler itself. I think you're right - the long-term key is volume. Nonetheless, it does seem that SDice might be due for a good optimization.
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