Recieved...
Since you are the only player....
Slots = 1 BTC Pot = 10 BTC
Payouts= 0.9 BTC + 10 BTC = 10.9 BTC to Freemoney | 0.1 BTC to BTC_Challenge Fund
Please provide a receive address...
Thanks! 1C1F5G7xm8odoDGP8ajZZHCfKCPZDS2zFb |
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I am just wondering, what Europeans are doing to protect their savings if they are worried? Apparently it's not gold, silver, or Bitcoins... USD???
As best I can tell, most Europeans are as stupid as most Americans. So I suspect that what they are doing is , for the most part, not much of anything. yelling "savings? what savings? LOL" More like that probably. |
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5 BTC / 0.083 = 60 seconds. At 60 seconds the "double spend game" is fair. In the long run neither the attacker or merchant will gain or lose anything.
Is that right? If the merchant waits 60 seconds before sending goods priced at 5 BTC to the attacker, then he has a 1 in 11 chance that someone else will solve a block, making the attacker lose his 50 BTC block reward. In this case the merchant makes a regular 5 BTC sale and profits by his regular markup. He also has a 10 in 11 chance that nobody else solves the block. In this case the attacker gets the goods worth 5 BTC as well as the 50 BTC block reward. The merchant is out 5 BTC. That's not fair. It's break-even for the attacker - he loses 50 BTC 1/11th of the time and gains 5 BTC 10/11 of the time, and 50*1/11 = 5*10/11 - but it's a net loss for the merchant. Most of the time he gets ripped off for 5 BTC, and 1/11th of the time he makes a small percentage of 5 BTC. No matter how long the merchant waits, there's never any chance of him gaining the block reward since the merchant isn't mining, and so there's nothing to balance the risk of losing his goods to the Finney attack. If merchant waited 5 minutes then an attacker would not risk his block unless he expected to gain more than 25BTC from the merchant. You could just wait based on size of the deposit, but as mentioned the ability to do many of these in one block ruins that calculation. Waiting 2 blocks is starting to seem to be best in a lot of situations imo. |
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Give me 16!
.5 coming momentarily....
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Well someone needs to make up a funny transcript then.
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Once again, we're faced with the chicken or the egg scenario...  Do you sell drugs to support your gambling habit? Or do you gamble to support your drug habit? Specialization and trade ftw! |
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Firstbits support?
It is easy to implement. If enough people want that feature. Yes, the people want the firstbits so they can write them on their bodies. Bitcoin seemed to take a lot longer than the other chains to load up even though it seemingly isn't pulling up much data for the first page. Also you could default to Bitcoin since the majority of people will want that. And then put links to the others on top, bottom or side. |
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How could someone not reopen bitcoinica? It's like if your golden eggs get stolen are you going to kill the golden egg layer?
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The contract will need natural flow of buyers and sellers. A market maker can't take too large of a long or short position for too long.
Yeah, I'd be surprised if there was enough natural market for this now, but getting it ready is not a bad idea imo. |
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Just one question. Who would be a market maker for this contract?
I might make some market really wide after seeing a bit of data. |
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1 day left to get slots. 0 entries. 10 BTC pot.
It looks like this isn't a popular forum game. I wonder, a little to fair maybe.
I am thinking of giving it one more shot for another week but adding an indisputable closing date and time during the week.
i.e. Some random number generated by a third party where their generation is for another reason and massive public use. Or possibly just hash and post a closing time during the week and post the hash.
Hmm... Now that I think about it, that adds another aspect of fun. Do I act or do I not.
You will know the winning number and we'll be wondering weather you will pick it or not? I might be misunderstanding. 'Fun' doesn't seem to describe that. This game clearly favors the last plays and that makes for a boring week (with maybe an exciting end with 10BTC available, I guess we'll see). It might be cool to design a game where there was some incentive to move early that slowly faded and some incentive to move late that slowly emerged. Maybe cheaper bets early and more information emerging later. Like the sum of the last digit of block hashes or something. |
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Fascinating. Report confirmed then, for all the naysayers. :p
Since when does the FBI confirm leaks? Maybe it is a fake leak... dun dun dun  That was my first thought and it's probably true, I dunno. But obviously (right?) they wouldn't say they wrote it if they didn't so it isn't 'fake'. |
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There will likely be some brief downtime around 11am ET Monday.
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If you sell $100,000 worth of bitcoin in the market right now, you'll push the price lower by at least $0.10. That is not good for commerce. So, I personally would like to see as much trading activity in Bitcoin as possible. If leveraged trading brings in more speculators then I'm all for it. I would love to see trading volumes increase 100x and exchange commissions get cut to 1/10th of what they currently are.
Absolutely. It doesn't matter if the traders care about what they are trading their offers can only help us. |
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Many people believe bitcoin's value will go up when the block reward halves. I think the better question should be, why should it go up just because the reward has halved? We saw last year that when difficulty was too high (ie. reward too low) that many miners stopped mining and difficulty readjusted itself. The higher difficulty did nothing to sustain the price, and likewise I postulate that a lower reward (the same as a higher difficulty) doesn't automatically translate to more USD$ per bitcoin.
Bitcoin is just as useful at $1/btc as it is at $10 or $100. It does the same job.
It's going to be a lot more awkward to buy a super yacht with coin at $1 than $100. |
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If you could do it without your wallet file then so could anyone. If you find those addresses somewhere don't have funds sent, you won't be able to spend the coin without the corresponding wallet.
If you didn't permanently delete it then put it back.
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What if I give 1000 chips for 1 satoshi on my backgammon betting site? Does that make bitcoin somewhat divisible and worth somewhat less? What if everyone did it and everyone thought in terms of milisatoshis? Essentially the bitcon network would just impose a 1000 unit minimum on transfers, would that really make the system worth more? A lack of ability? Possible I suppose.
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It is possible and appropriate to edit the title now.
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spot on
I would even go as far as to say bitcoin has become speculation.
In 2010 there literally was nothing but speculation that later there would be something. Now there are some things and a whole lot more speculating about future things which seem ever-more possible. |
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