Fun game for a lottery, honest drawing, low house edge and getting to pick your own odds (max variance is the best tactic when playing a game that is inherently -EV). I never play real lotteries because of all the very low prices I don't want to win (next to the negative EV thing which would stop me from playing more than once a year even with max variance).
You should increase your price pool though, at 65k multiplier you are only allowed to wager 0.0013 BTC lol.
The max bet is based on an algorithm of funds available (so that all bets are sure to be backed by available funds). As we grow or add more capital, so too will that limit grow. |
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My winnings still haven't confirmed? Any problem?  It will confirm, give it some time. You received the funds, correct? |
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I've got a question.
The secret is associated with calendar day. But there is no authority for date and time with bitcoin.
This gives some leeway to the service as to which secret the operator chooses.
For instance, at the beginning of each new day an evil operator could determine that one of the first transactions seen would end up a winner and thus instead treat it as if it were still under the previous day's secret, thus denying the prize the transaction should have deserved. Or at the end of a day it could ignore transactions that would win, and wait until the next day (and a new secret) to process them.
Hey Stephen, you're absolutely correct. It's possible we could play some games with which date we process transactions on. I don't see a way around that without using some trusted third party to assign times to transactions but that would involve taking a hard dependency on something external like blockchain.info Do you have any recommendations? |
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Ashton Kutcher: So why aren't you attending the Future of Money Conference, Ben.
Ben Milne: Because those Bitcoin guys were going to team up on me.
Ashton Kutcher: Good call! How's my investment doing?
Ben Milne: I'm freezing accounts as quickly as possible, but need more manpower.
Ashton Kutcher: Need another injection of funds?
Ben Milne: You da Man!
LOL it's funny cause it's true |
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You guys seem to be assuming that this means Amex is afraid of Bitcoin.
Perhaps it actually means that Amex is working on a Bitcoin application that they don't wish to discuss yet.
The way I perceive it is more that Bitcoin elicits many weird/awkward questions about not only technology but money and even political and economic theory. It's a deep and tricky subject, and a smart and well-groomed VP might do well to avoid such topics. I don't think AMEX is afraid of Bitcoin, but it probably makes them uncomfortable, just because it's so damn weird. |
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Also let's remember that many gamers will have a kickass GPU computer, but might play an online free-to-play 2d browser game (or even a 3d game that doesn't use much of their power). In this case, mining won't have a significant impedance on the gaming.
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good news: this might actually work out.
bad news: it doesnt help bitcoin more than any other mining operation.
False. It shows two important things - that Bitcoin can be used for creative things and that investors are recognizing this. Very good for Bitcoin. |
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 UPDATE November, 2012: The new SatoshiDICE site is launched! UPDATE AUG 19, 2012: SatoshiDICE has released paying shares https://bitcointalk.org/index.php?topic=101902.0Hi all, SatoshiDice.com is the world's most popular Bitcoin betting site. Over 1,000,000 BTC has been won and over 1,500,000 individual bets placed (as of November 2012). Bet options are available with up to 64,000x multiples and a house edge of only 1.9% (and bet results are mathematically provably fair). To play, you just send coins to any of the listed addresses based on the odds you want. To see how easy it is, try sending 0.01 btc to 1dice9wcMu5hLF4g81u8nioL5mmSHTApw(That address gives you a 73% chance of winning) Payout is sent almost immediately (doesn't need to wait for confirmation). Super fast, easy, and fun  Remember to do this only from wallets that let you receive coins from the address you sent them from (standard wallet, or blockchain.info wallet, both work great - if unsure about your wallet, test with a tiny amount and if you never get a payment back, then your wallet is incompatible). Many other bet odds available at the site. Enjoy SatoshiDICE! |
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Hi Mem - can you add SatoshiDice.com? It's a roll game and the results are verifiable. |
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So basically this is a webcl mining software (only available in google chrome beta) with obfuscated javascript tied in to prevent "free" access to the games.
I have only one question: Where can I short it?
It's probably a bit more well thought out than that. |
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EVE is awesome... probably the coolest computer game ever created.
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Are you there? I didn't see you.
I am everywhere. Slash not really... I'm four time zones away. |
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Happening right now at the Future of Money conference. Virtual Currencies discussion panel. Guy on the left is Philip Rosedale (creator of Second Life), then Jered Kenna (Tradehill), then Eric Chan (moderator), then Charlie Shrem (BitInstant), then Rebecca Watson (of RadiumOne). So Bitcoin takes 2 of the 5 speaking spots for the Virtual Currencies panel. You may remember that Ben Milne was supposed to be on this panel as well, but he dropped out of the entire event at the last minute (wonder why?).  |
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The tension will only become more palpable. One side is indeed using pretend, made-up money.
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