With a mining bond the Numéraire is Bitcoin. I don't see how USD matters in the slightest.

I don't want to buy a Zimbabwean bond. Do you want to buy caramel candies from Bees Brothers?

I got it like 3 times in a row earlier (emailed you about it) while reusing an address and then didn't get it when I tried a new address. Now I can't make it happen.

I changed the games to not expire for 8 hours, I was only thinking about delayed payments like from Seals or similar. Forgot that people could get locked longer that way. Change to whatever you like while testing notme.

Show on now. Good quality video, usually it skips a ton for me.

Just pretend they are yelling about what they expect it to be in the near future.

So you are going to hold funds on request from other exchanges? Only exchanges no one else? Will you be telling the victim which exchange froze their funds?

Why does (1) matter except for it's potential effects on (2)?

MtGox not paying fiat might be very strongly positive in the short term, but it would probably result in extra selling at other markets and off-market pretty quickly.

The way possible would be buying bitcoin...

Some other really important factors that get lost in a scalar are "how long ago did this person prove trustworthy" and "how likely are they to have let their reputation credentials get hijacked".

That makes sense.

Still, it's hard to get something so simple to say "Honors their contracts" into something like a number. Like if I see 6/7 what am I to think? Do I really think that 11/11 is the same or even likely at all to be similar to another 11/11 I did business with?

Some contracts require nothing more than not being a total scumbag, for example, "I have $100 on dwolla and will send it after you send me 19 bitcoins". Unless I'm a total liar I'm going to uphold it and when you rank me perfectly it means a lot less than something like, "I can deliver XYZ software with A, B, C, D, and E features by time T" That requires proper estimating of the task, ones skill, avoidance of bad luck like illness etc etc. If it is completed it ought be a large boon to reputation and if it only partially fails it doesn't mean the person is untrustworthy with smaller or even similar jobs.

It makes me think of the doctor who has a great record because he never takes risky cases.

I don't mean to imply that work should not be done on this, just that a complete solution (even for something as simple as "does this person honor contracts" is probably going to evade us forever and tools for managing the information we can get about potential trading partners is a good place to start.

Malicious operator is the worst case of the general problem of needing 50% in order to redeem. It's a lot like no redeem-ability at all.

I don't know why several people would want to become authorized already. The upside is essentially being able to turn $500 worth of coins into $500 unless there is a large mismatch.

Allowing redeem-ability of a small fraction of the total amount of units is the fix, but that might be a headache. MtGox codes is the simplest way I can think of, but then you've got that counter-party risk too so I don't think it's a long term solution.

What you describe (religious people giving bad ratings) is a fundamental problem with one dimensional systems. They just won't work as general purpose reputations which are certainly multi-dimensional.

An ebay seller rating can be one number because it pretty much just means "Does this person send what they posted".

But a general reputation covers so many things. The solution is probably a bunch of different ratings, maybe connected or maybe not.

The ultimate answer probably looks a lot like no answer at all, people just making connections and vouching for each other to make new connections. Tools for finding paths of trust of arbitrary types types would be nice. I have a great reputation without being involved in any official reputation systems at all.

The bets will get bigger!

The balance is actually about 20BTC right now, with bets that win 20% being the max, but like you say the 4BTC is all that matters for brute forcing. If you ever lose a bet you'll be able to bet at least a little bit more the next time, unless someone has reserved some of the balance in between.

But, yeah, I just changed it to an hour. Should be good enough.

Yes, smart. That's the way.

I can't tell what is best, but we should all do it the same and be clear.

Want to see what Piuk thinks and then lock it in 'officially'?

Dime sent!

Right now no bitcoin magic is happening so that would be for version 2.0.

But even them I'm hesitant, I'd need that WARNING showing prominently and still people will mess up. The "Send back to yourself market" is pretty well served too.

Paying a multiple of the dividend makes it a bit.. unnatural. I want to be short most mining bonds, but I'd actually like to lend shares if I could get 2x the dividend.

Weekly or monthly interest plus the dividend seems good to me. I've made two deals with terms like that.

Yes dooglus, I love it, don't stop.

Changed 'confirmations' to 'confirmation'. I dropped the payment address from the after game messages. Logo links now.

I don't intend other wagers to be showing, I'll look into hashing the id. Simple hashing won't be enough, maybe the hash of the payment address or something. And if you visit a non existent id's page it should just take you to a new game.

I changed "After you pay, click here to see if you won" to "Click here to refresh the status of this game." because that link is still useful after the result shows, it will tell you you've been paid eventually. Seems good?