Well its insurance I guess.
If you buy BFL, and they turn out to be a switch and bait,
instead of getting 0% of $1299, you get 1/3 back as refund.
Ummm, you should pay pay the $1299 regardless if BFL is a scam or not. You're basically asking for other people to take all the risk with no reward. Do note, in real life 1% investments of bank interest is completely safe, and 10% on stock markets for a yearly return rate on average has its risks. This offers 20%. Also note Butterfly lab would have to turn out to be a complete scam, and in the past they have delivered, so the risk is really minimal, its only if a 1 in 1000 chance occurs, then you get a 1/3 refund. If you bought the ASIC yourself in pre-order, and it turns out to be a scam you get back 0%. But with this investment, if it turns out to be that, you get back 1/3. After all 1/3 is better then 0%? I mean your asking for a 20% interest rate at no risk, that's absurd, its like money growing on trees. You would have to invest for 15 years in the bank to get 20% with compound in comparison to this, which may take only of 9 months. And its safer then stock markets, they crash, and you can lose your investment. Is it likely that butterfly lab will default? Or do a massive scam? After all they did deliver in the past. You do realize in Australia it's not hard to get federally insured bank accounts that pays 4% APR, right? Plus, just buy it with a credit card and chargeback if BFL turns out to be a scam. |
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Where do I send the 2 BTC to? Please don't scam another brony  |
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Could you make it more like a credit card and do on-demand loans?
I would likely want to sometimes take out small loans (<5) while I wait for transfers to complete?
Also, can you do an OTC 100+ for another point?
What do you mean by on demand loans? Like, an API for requesting them? I'll consider adding OTC 100+ as a point but for small amounts if you have that much OTC then let me know your nick  |
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Too cheap? What if it's absurdly overpriced? 1) Can it be overpriced because this guy in a funny hat and a mask can close it down with a flip of switch when he gets his first phone call from a 3 letter agency and is asked to close down his illegal gambling site? 2) Can it be overpriced because it trades at 7+ PE? (over 7 times the annual earnings per share) and has no valuable assets (actually I have not seen the balance sheet. Have you?) 3) has no unique business model, that can not be copied with few programmers and mediocre web designer? (Why have I not copied this low-life business and launched my own gambling site? I consider gambling as a really disgusting business and I honestly do not give a flying fuck if you disagree.  4) or is it because sdice can spin coin from IPO on sdice to make it look way better than it actually is? (This is a small price to pay if it helps to sell out it's final 6+ mil shares but becomes unnecessary when the IPO is sold out) <- pure speculation, do not get hysterical! 5) ... PS! btcbids, your phobia of capital letters and "enter" key in not as cute as you think. Maybe you can skip the spacing between the words too, thiswillmakeyourpostsevenmore"fun"toread. LOL Regarding #3. There are multiple clones to satoshiDICE, and none of them comes close to an order of magnitude. #1 is a good point through. |
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ASICMINER 10 @ 1.103
OH NO TYPO ASICMINER 10 * 0.103 |
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Some deletions and alterations I've discovered (or you could say didn't discover).
Alex Jones Videos deleted and loss of Director status.
Ron Paul 2008 <---WTF
Conspiracysphere - whole channel deleted
I'm sure there are more. What are you missing that efftube removed?
Was the Conspiracysphere youtube channel from the bitcointalk forum member Conspiracysphere.tk?
> mass deletions > 3 Umm, ok. |
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Oracle's JRE is terrible. Security vulnerabilities are found all the time. Someone should write a more secure replacement. Flash, too.
Flash is a lot safer than Java. Adobe needs: 1) multithread it, add some highly requested features by devs 2) squeeze out more performance out of the vm 3) open source a lot of the code, so foss people feel happy and don't scramble to HTML5 But java is notoriously insecure. Most people probably would've uninstalled Java if not for Minecraft. |
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I am in the mist of working on a new solo project, that of course involves bitcoins and it is in a niche that would require of moving files. These files are not illegal, and this is not a cyber locker, but there will be many of these files. It would be nice to have an amazon pricing cause I don't know how much space I need.
*This project is still in the planning just trying to field out my options.*
I don't think there is one that accepts bitcoins. |
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http://en.wikipedia.org/wiki/Ad_hominem 1. You can get Nakabot fees down to 0.01% or something. Ebay has fees as high as 30%. Why not look for someone to start a site exactly like ebay, with a couple of improvements, and 6% fees? Because people look on ebay. 2. SEO https://www.google.com/search?q=bitcoin+betWhen people search for bitcoin betting, they're going to see betsofbitco.in first. Alexa: Alexa Traffic Rank: 580,358 Alexa Traffic Rank: 2,639,420 Guess which one is which. 3. Better management? Probably, since I don't know much about betsofbitco.in operators. 4. Referral system: Because that has never being done before. Also learn about http://en.wikipedia.org/wiki/Feature_creepAlso, this is subjective but the design for bitbet.us feels like a facebook "Hot or Not" app rather than, you know, a betting site. Either way, feel free to wait 3-6 months and come back to this thread. Maybe even start a bet on which site is going to have higher volume.
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People won't be able to take the coins OUT of the system right?
borrowers cant make withdrawals from credits, example if you borrow 100 BTC to short you will see short possible 100BTC nothing more That's cool, I saw the text change to loans and I wondered if Bitfinex was trying to be BTCJAM |
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Current need updated!
Seems like Credit has changed to Loans. Still the same thing? People won't be able to take the coins OUT of the system right? |
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Great replies so far. ..... just checking - not a gram of suspicion from anybody ?
If Bitcoin were a closed system, I would be suspicious. It's open source and anyone suspecting anything can review the code to their satisfaction. And while Satoshi created the white paper and basically how it works, many developers have contributed to Bitcoin. That's the nature of open source development |
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Why there are two 91(in 0.01 and 0.02)? I want one of the prizes since i found your flaw I used random.org, guess I didn't specify for it to be unique! Either way, if you picked 91 you'd have won 0.03 btc Verification: a random string plz don't brute force. sha256 hash of the winning numbers so it is fair: 30ad55ac33f6301865996f30915951826a7b49f6650e06adec949da23338ffe5
That doesn't prove it's fair if we can't verify the hash against the exact input string. The random string shouldn't matter now after the contest has ended- just change it for next time. Yes you can. If you put the whole thing you quotes you should get the same hash "a random string " IS the random string |
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Of course. At launch. Did you see my part about "after the hype has cooled down"? "200% more visitors than other sites on the first day! Just so people check it out and never come back again" Let's play the numbers game. Betsofbitco.in: 140 active statements Bitbet: 75 active statements Betsofbitco.in: 230 btc highest bet sums Bitbet: 101 btc highest bet sums Betsofbitco.in: Dozens of topics in the Games and rounds forums Bitbet: 0  Well, seems your numbers are meanwhile invalidated. Are you going to repost a corrected list now? Funny that you say my numbers have being invalidated (hint: they're not and still zero threads in games and rounds), but I can go cherry pick some more numbers if you want. My prediction is that bitbet will fade out into obscureness. It doesn't bring anything *new* to the table, just like dice site of the month. FYI: I don't have any personal interests in this. |
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If you do not accept zero-confirmation transactions this vulnerability does not affect you.
However if you do be advised that a previously unknown coin-stealing attack has been found that allows zero-confirmation transactions to be double-spent with a trivial amount of effort and without having to have access to any mining capacity.
Details will be release as soon as a patch is ready. In the meantime do not accept any transaction without at least one confirmation unless you fully trust the sender not to defraud you.
Mods: please copy this to important announcements.
Umm, this is not new. It is incredibly easy to double spend 0conf coins. 1. Send TX with lots of inputs and no fee 2. Send same coins with a fee 2 will win. Double spent. SatoshiDICE was vulnerable to this, so is many others |
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Nothing new here, it's the same as the trillions that have been printed in the last 5 years.. QE stuff with a disguise.. They changed the "Pr" for a "M" Printing / Minting And about hyperinflation, since 2010 I'm sad for those pilling cash for their old days, if those old days are in 10 years or more, they will regret. This campbell soup can price chart shows only a part of the effect of printing x trillion more dollars in the last 5 years... IMO, the inflation caused by the printing of so much cash has just start to kick in ! Watch out for a can of soup priced at 2+$ within few/several years.. No 401k plan can beat this, if there still money in those 401k (I think they replaced the money by an IOU note few years ago).  https://bitcointalk.org/index.php?topic=112269.0;allA can of soup is already $2 in Australia. |
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If bitcoins goes to $1000/BTC, then why are you caring about satoshiDICE turning less profits when BTC is worth $1000 each? Okay, lets's assume that $1000/BTC in 5 years. Shares are 0.00475 BTC today($0.06) at $14.00/BTC and that amounts to $4.75 per share in the future, assuming $1000/BTC Now, think what will happen to the amount of BTC that will be rolling in Satoshi Dice's bank roll assuming $1000/BTC.. would it still be 33k BTC at today's valuation? Probably not. My concern is, I buy S. Dice shares now, but in the future the price of the IPO might go down (BTC value) because people may bet the same or even higher value dollar wise, but not BTC wise. The dividends then will be greatly reduced BTC wise causing a lower IPO price. I'm afraid when BTC takes off, it might leave S.Dice behind. It all depends if S. Dice can keep up with BTC's bullish nature. It's expected that the BTC wise returns from S.DICE will slightly decrease, but if BTC really takes off the new volume should make up for it. That's my personal opinion. If BTC drops in value, then I can see the returns in S.DICE increasing, but if people start leaving BTC then holding shares won't help ya. |
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Congrats. Let's see how well it does after the hype has cooled down.
Spoiler: It's not going to beat betsofbitco.in
Lol what a blast from the past. Reminds me of the days back in May when MPEx was doing 170k BTC a day to GLBSE's 30k and people just like you were ranting about how "it's not going to" lalala. For curiosity sake, did you sit down and compare BTC flow through the two? You might have noticed BBET has at launch a solid 80% of the Bitcoin betting market if you had bothered to do your research. I'm glad to see S.BBET have a successful IPO. Very interesting price action- it has a hell of a spread right now. Will be interesting to watch.
Indeed. Of course. At launch. Did you see my part about "after the hype has cooled down"? "200% more visitors than other sites on the first day! Just so people check it out and never come back again" Let's play the numbers game. Betsofbitco.in: 140 active statements Bitbet: 75 active statements Betsofbitco.in: 230 btc highest bet sums Bitbet: 101 btc highest bet sums Betsofbitco.in: Dozens of topics in the Games and rounds forums Bitbet: 0 |
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I agree, you should not use any kind of random function to generate the game values -- there's plenty of entropy in just the txid+secret combination (the secret can be whatever length you want). Besides, your users will need a deterministic way to prove to themselves that the game is fair -- just like the other sites.
Yep, I just some some simple code for the purpose of illustrating what I'm saying which is why I linked to more info. |
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Text PAY 9662 to (COST: $0.00) |
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