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-dusts off old account- RIP Hal Finney! Not only do we build upon the shoulders of giants... we live on them.
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We talking about more than 1 300 000$ !
That may be enough money to cause you to do the dishonorable thing, Reyhs, but not everyone's honor can be bought so easily. But you can not argue! So far, no payments. 5% and down... You must not have been mining long for this to have lost (delayed) 5% of your total shares rewarded. How long have you been mining on Eligius? edit: The top contributor's stats are right here. http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX He has 200 less BTC unpaid than you claim to have. So unless you're miner with nearly double his hashing power, I don't see how you could have 500 BTC unpaid. |
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Thanks for the hard work wizkid057. Few know how tough it is to run a pool.
2nd. |
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I remember when this thread was entertaining.  |
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The sequence of events that is going to follow will not be pleasant. A Sequence of Unpleasant Events - Rawted 2013 |
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-continues to munch on his popcorn-
Ah, nothing like #bitcoin-otc drams.
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Imagine my delight this evening to find a package in the mail from Coinabul, albeit a bit over a year after I placed the order.
Then the disappointment as I open it to find not a single thing that I ordered inside the box. And what was in there was banged up, scratched, even cracked in places. How the hell does a coin get cracked?!
I'll email Jay yet again and wait a month for a response...
Oh my god... Photos please. Yes, I want to see what they sent. |
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Trumpet sounds Sounds of nukes start appearing in the background Nukes? or air raid sirens? |
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Just observing, not complaining ... bit sensitive?
Not sensitive - but realistic - if people don't contribute funds then how do they think that things will get done? Things are happening but only at the rate that the funds that have been made available can make them happen. So what ... you are saying now open source projects need funding or they will never happen? Sounds like you might be in the wrong game if open source has become about the money for you ... and besides there is over 6k available in total for this project, which you are probably well aware of, and it doesn't seem to have inspired anybody greatly anyway. Interested to know what price would you have put on getting this done professionally (not some intern, learner , etc)? I would like to think that Jeff Garzik being hired (full time) by BitPay to develop Bitcoin has increased his productivity now that he can devote all his time to it. |
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I honestly don't know what to say man. If i were you, i would hang out in #bitcoin-otc and bug the living hell out of him until he pays.
Bad idea... |
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I'm wondering why you are bring up GLBSE... Oh yeah... Negative PR.
What makes you think I was a Chief Supporter? I don't have any links handy quoting any conversations/arguments we had regarding GLBSE shutting down and the events that followed. IIRC I understood/came to terms with why people did not trust the list(s) Nefario released.
Isn't subjective memory a wonderful thing. Here's a tip: you going "oh negative pr" as a pretext to pretend your mistakes are really not either mistakes nor yours is in no way different from the average preteen going "I'm not stupid because you're mean" all over this forum. Try and grow up somehow. I have never used Satoshi Dice, MPEX, or a Passthru for S.DICE. I don't see how bashing you would help my image or develop a needed pretext. I don't see what my mistakes, or lack thereof, has to do with calling "MPOE-PR" a Negative PR account or the contents of this thread for that matter. If you can provide objective logs of conversations in the past, feel free to do so. I don't have the incentive to look them up though. |
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The objective in DPR is to discredit someone else doesn't apply IMO MPOE-PR is an example of bad Negative PR. The bad part comes from the fact we know MPOE-PR represents MPOE. I seem to recall the part where you were one of the chief supporters of the Global Scam Exchange, back in the days I was the only one saying it's a scam. I seem however to have misplaced the link to that post where you go "Oh woe is me, I'm so stupid, MPOE-PR knows a lot more than me, understands a lot more than me and next time I feel the urge to contradict her I'll just stfu and bow to her superiority instead." Do you have a link handy? Or are you still struggling to come to terms with the causes and reasons one might have to distrust the lists coming out of Nefario? I'm wondering why you are bring up GLBSE... Oh yeah... Negative PR. What makes you think I was a Chief Supporter? I don't have any links handy quoting any conversations/arguments we had regarding GLBSE shutting down and the events that followed. IIRC I understood/came to terms with why people did not trust the list(s) Nefario released. |
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The objective in DPR is to discredit someone else doesn't apply IMO MPOE-PR is an example of bad Negative PR. The bad part comes from the fact we know MPOE-PR represents MPOE. |
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Do you understand what the purpose of a numeraire is? Bitcoin is a horrible numeraire because, as stated earlier, the capital pools are so limited and the extreme volatility. Bitcoin is nowhere near being developed enough as a monetary instrument to be using it reliably as a numeraire. There is no other instrument comparable to the USD's or EUR's depth of capital pools. Using USD or EUR as a base presentation currency for investments that operate only in crypto is not very difficult; just look at IAS 1. There are plenty of reasons people may invest in SD, mining operations, etc. instead of Bitcoin and that is because of the potential returns when using a solid numeriare like USD or EUR. I'm not saying that people didn't lose. I'm confused, are you saying that people who invested in Satoshi Dice expected/hoped to get a certain return in USD, despite the obvious volatility of bitcoin? Or are you just observing that if someone bought bitcoins with USD to purchase Satoshi Dice shares within a certain range of dates that would net them a loss in terms of USD. I just don't see how someone could have invested in Satoshi Dice without realizing that their USD profits would be impacted by bitcoins' volatility. I understand how people could invest in certain businesses/industries related to bitcoin and expecting return in USD. I also realize that depending on the business/industry they choose their profits with be impacted by volatility. Edit : The point I'm trying to make is that the volatility of bitcoin has an effect on whether or not investing in Satoshi Dice was a good idea in the end. (this of course depends on how/when/at what price people acquired their bitcoin to invest in Satoshi Dice. However just because bitcoin is volatile does not mean that Erik has wronged anyone by forcing this buyback. |
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Why would Erik have sold bitcoins while Satoshi Dice was/is operating?
I fail to see why that question is relevant to anything we are discussing. see From an investor's point of view I do not think it is very reasonable to use the BTC as numeraire due to its lack of capital pools and incredible volatility. Pretty much anyone who bought between April 2012 and March 2013 [would include all IPO investors and even many non-IPO investors] who have held for the long-term have had tremendous returns using the USD as numeraire.
Why would people use USD as the numeraire for an investment in a service whose website cannot even be accessed from the United States? Why would people use Fiat as the numeraire for a website that only operates in crypto? Why would people invest in Satoshi Dice when they cannot appreciate the volatility of bitcoin? The market forgives no one. |
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What exactly was the point of the whole IPO then? No one would have put a penny into it if they knew this would be the result. At least admit that it was a total failure for everyone but yourself.
If getting investors a 20% real return in 9 months and getting their original capital back despite 9x exchange rate increase is a "total failure" then I hope to have many more. My god you are a sociopath. Really now? He brought a profit to his investors. I'm sure some of them would liked to have stayed involved with Satoshi Dice, but it seems that he was sure to outline that he could pull shit like this off at his own discretion. From an investor's point of view I do not think it is very reasonable to use the BTC as numeraire due to its lack of capital pools and incredible volatility. Pretty much anyone who bought between April 2012 and March 2013 [would include all IPO investors and even many non-IPO investors] who have held for the long-term have had tremendous returns using the USD as numeraire. Why would Erik have sold bitcoins while Satoshi Dice was/is operating? If he had been regularly selling profits, then buying back shares at this rate would likely not be possible to begin with. |
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What exactly was the point of the whole IPO then? No one would have put a penny into it if they knew this would be the result. At least admit that it was a total failure for everyone but yourself.
If getting investors a 20% real return in 9 months and getting their original capital back despite 9x exchange rate increase is a "total failure" then I hope to have many more. My god you are a sociopath. Really now? He brought a profit to his investors. I'm sure some of them would liked to have stayed involved with Satoshi Dice, but it seems that he was sure to outline that he could pull shit like this off at his own discretion. |
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just a matter of time imho
That sounds kind of scary if you think about it... Then again... that's how a new paradigm works... |
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