If giszmo doesn't reply to you, or for some reason can't do it, shoot me a PM.
Go for it. He needs design work. I'm a techy. Very unlikely I'm a good fit for some static HTML stuff. |
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Check your PM. I'm curious what this is about  |
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Hi! I wonder is there any moderation rule about moving stuff out of "Bitcoin Discussion"? I know it is very tempting to use it and not care about the sub forums and I think new projects deserve the publicity and come here but I wonder if it would make sense to aggressively try to move threads out of there when they are a week or two old? I'm referring to project specific stuff like:
[ANNOUNCE] TORwallet - anonymous mixing wallet service (12-06-13)
[Payout Updates] Bitcoinica site is taken offline for security investigation (12-05-28)
BITCOIN MAGAZINE ARRIVED! (12-05-24)
and many more that get bumped up for weeks and months and that I'm just tired of seeing as following them got far too off track, repetitive or plain pointless.
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A Faraday cage only needs to be grounded when you want to use it to protect the contents from high voltage. No ground is needed for a foil wrap to reflect radio waves.
If I'm surrounded by metal that is hit by lightning, it doesn't matter if this metal is grounded or not as no matter which two points of my cage I touch these two points will never expose me to high voltage as the cage's resistance is by many magnitudes lower than my body's and thus the electrons would not want to flow through me but rather through the metal - grounded or not. |
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Done. For not making the thread cluttered you can shoot a quick email to us at [admin at betsofbitco.in] for your notifications. Why not put a "it's over"-mail to link in the form until you have the real thing implemented? Should be much faster to implement than to educate all your users not to post in this thread |
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That's sorting, not filtering. Also it is about deadline and not about event date (which is when I can use my money again). |
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filter for bets that end within x days. I don't care about long running bets. Anyway I suggest you add comments to every bet so that people can chat between each other and fuel the betting a little. I believe this would significantly raise the volume of betting. Good luck!
+1 |
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Please add an "over" button to the bets so people stop spamming this thread with something that should be handled on the site. Seriously, you might want to have a consolidated view of all claims of a bet being over where people have to provide a link and a comment. Maybe you even want to give an incentive for the first to discover a bet being stale. |
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If we can't afford bail, will we be put in bitjail until the bitcourt date?
what happens if someone can't afford a bitlawyer?
We can have them bitxecuted. … or 0xECUTED |
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I'ld be interested in seeing a history / statistics page for my account. e.g., For statistics: Open: Total wagers, won amount, quantity of wagers Waiting: Total wagers, won amount, quantity of wagers Closed: Total wagers, won amount, quantity of wagers Total: Total wagers, won amount, quantity of wagers As far as history, the account page does show statements and bets, but there are no filtering or sorting methods like on the main navigation. Access to a simple chronological log might be nice instead. That again, I remember my winning bets, and can't think of many where I've lost  so maybe the present system works just fine. Oh yeah I also want to see something that tells me how good I'm doing. Right now it's even hard to tell how much I won per bet but as I try to maximize my win per time, I also would want to know how long my money was trapped (yes, I don't like long running bets). Also I would want to see a per bet history. With the low volume betting we have now, this might not yet be super interesting but for some events it might be interesting to see the tides turn following real world events. For that I would imagine handy a red-green percentage graph with a black volume-line. |
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Division by 2 every 200000 blocks is just as easy as division by 1.000003466 every block.
No, it isn't. You forget that Bitcoins are only divisible down to 8 decimal places. When the reward gets small enough, dividing it by 1.000003466 is equivalent to dividing by 1.00000. In other words, the reward would stop getting smaller and the eventual number of Bitcoins generated would no longer be limited to 21 million(ish). On the other hand, on any binary computer, division by 2 is identical to performing a right bit-shift. For example, the bit pattern for 50 Bitcoins is represented in binary as: 0000 0000 0000 0000 0001 0011 1000 1000 0000 0000 0000 0000 0000 0000 0000 0000The bit pattern for 25 Bitcoins is represented as 0000 0000 0000 0000 0000 1001 1100 0100 0000 0000 0000 0000 0000 0000 0000 0000Note that the only difference is that there is one less zero on the right and one more zero on the left. Thus, the bits have been moved, or shifted, over by one place. A right bit-shift always guarantees that the output is smaller than the input. Because of this, when the reward is 1 satoshi: 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0001and it is time to lower it further, the code will perform a right bit-shift on that value, which will result in a reward of zero: 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000Thus, no more Bitcoins will ever be generated. This is no mistake. Satoshi knew what he was doing. Of course it is not smart to do reward=reward*x long before the result equals the input You would rather implement it like reward=50BTC*(pow(x,blockId)) This adds dramatic complexity to the Bitcoin client |
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Division by 2 every 200000 blocks is just as easy as division by 1.000003466 every block. Markets being able to fix problem is no reason to cause them. https://bitcointalk.org/?topic=7496.0 |
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I know, I know, do a fork. That's not the point. I wonder if there is any good reason to change the block reward every 4 years rather than every retarget. Cutting it in half is so disruptive and causing so much discussions for most likely one year and it is actually making things more complicated than having the adjustment on every retarget. As we will learn a lot when it actually happens, traders will anticipate what we learned for the next retarget and render all predictions pointless opening up for discussing the effect again in 4 years for a year or so.
For this reward change the mining investments are done but maybe if all hell breaks loose this could be enough reason to think about smoothing things at the next reward change.
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Wow this is so huge. Just gave you my email address and I'm looking forward to test Entel and Claro in Chile.
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If I bet on Germany not winning the Euro 2012 and it told me a certain weight, this weight will be reduced if the deadline gets readjusted/the bet gets closed early and if I bet right before the game started, most likely moving the deadline to "the day before the event turned out true or false" will undo my bet. Right? The bets are not re-weighted if the deadline changes. But in your example if you bet right before the game, yes it will be canceled due to a current software limitation. If that is the case let me know, may be I can do something manually before finalizing the payouts. … although "day before the event" might not always be necessary and sometimes too early, I could accept it as a fair rule. If I may still bet during a soccer match until a second before the game is over, this is a joke. Especially when the weighting assumes there is more days to come this pays off better. Example with bitcoin metrics: Bet we exceed n transaction on a GMT day. If we hit 99% at 8pm I can safely bet true technically before the event which would take place that day with a probability of above 99.99%. Taking this into account, nobody would bet on false as all true betters could wait for the event. |
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I had little hope to change a policy and assume you thought about your limits beforehand. Other question about the rules: If I bet on Germany not winning the Euro 2012 and it told me a certain weight, this weight will be reduced if the deadline gets readjusted/the bet gets closed early and if I bet right before the game started, most likely moving the deadline to "the day before the event turned out true or false" will undo my bet. Right? |
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Here in Chile I get keys duplicated for 45ct. the piece. They don't ask anything. Done it many times.
(Funnily you have to register with your RUT (equivalent to the social security number) when entering free, public parks or other random places.)
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So you take every coin back at the BTC price as long as the seal is not broken?
Aka do you hope for these coins being traded like the real thing?
Not that I had an x-ray at hands but I rather doubt that these coins will ever circulate much as it is far too tempting to get hands on the key.
My position is as reasonable as I think I could possibly get: I promise that every coin I sell is an honest coin, and that I have made a reasonable effort to make them snoop-proof given the budget and type of project this is. I know of no way to snoop the private key out of a coin, and don't think there's any trivial way. On the other hand, there is no way I can test against every kind of ray, wave, or whatever there may be out there. It is entirely possible that someone resourceful could figure out a way to snoop my coins, and there is no reasonable way I could be expected to guarantee against that. If someone succeeded, I'd certainly be interested in buying the coin back off that person, so I could inspect the coin and confirm it was indeed snooped (seeing is believing). But I don't think I could be expected to buy every coin back from everybody, nor do I think everyone would expect that. I doubt the coins will be traded much as simple money, mainly due to the markup above face value. Their main purpose is as a proof of concept, collectibility, and a functional and tangible representation of a bitcoin. But anyone may do with them as they please. Ok, it's getting pointless, but wouldn't the easiest way be to buy exactly the same seals you are buying? Else I agree that these coins will be what your grand children will stare at with eyes wide open knowing they could buy what not with it. |
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Arm twisting and arbitrary constraints (why 4.4% demurrage rate why not 10% or 5% ?) are precisely what we are trying to get rid of thanks to bitcoin.
"We" are all quite different. You might want BTC as a store of value which Freicoin just isn't. I would love to have an anonymous fast flowing digital cash as I don't like the concept of storing value for generations to come. That's inherently unfair. Demurrage would increase the flow speed. I guess the makers of Freicoin would prefer to have more demurrage (30%) but their problem is what I described above: In an anonymous currency, demurrage can only be realized via the miners. I'm sure they would prefer to give the demurrage to the state or better to every human being on earth (basic income). |
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As a last resort, there can be some change to the protocol, but nothing as drastic as demurrage or PoS. Oh, don't be that sure. For me, PoS is a pretty logic thing to do and apart from people that invested a lot of money in mining hardware (BFL for example), the average user of bitcoin would profit a lot from PoS. Demurrage would be 100% contrary to why many of the people use bitcoin in the first place and would worsen the problems PoS would fix (too much money burned in mining). Here we go again. Demurrage is basically printing bail out money for the miners who will be like the big banks under this model. PoS will ensure that a 51% monopoly will form to conspire to block transactions from people they don't like. You might as well call this the King's Coin. I wouldn't worry too much about that. If 51% of all BTC are in the hands of some asshole, I wouldn't want to hold BTC anyway. Why not swap them for Namecoin or whatever fork there is. No matter how much money you have, it will be hard to buy 51% as there are no 51% for sale. There are examples how it is cheaper to buy hardware for a 51% attack than BTC. With BFL pushing the speed by magnitudes right now it is even cheaper than last year, which is a dramatic draw back in my eyes. We can only hope that the massive orders they got were not from some evil institution. |
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