Discussion about 10,000BTC Bet (Official)

[TheKoziTwo]

#22 (if you feel like answering extra questions) : Based on your past history you seem to lack faith in any anonymous person yet you make a 10 000 btc bet on an anonymous person with (for the most part) anonymous people?

[michaelmclees]

#23 - I doubt you have 10,000 BTC.  Can you please address sign a balance of at least 10k and post the message here?

[Matthew N. Wright]

#17
What is the real risk for you? I guess you would not give any numbers but are 10.000BTC a little, moderate or big part of you overall balance?

As mentioned, I ask that some aspects of my personal privacy be respected. Having said that, yes, it constitutes a larged portion of holdings.

[Matthew N. Wright]

#20 Why don't you invest your 10.000 BTC in some SC minirigs?

I'd prefer to invest in Ripple.

[MrTeal]

#20 Why don't you invest your 10.000 BTC in some SC minirigs?

I'd prefer to invest in Ripple.

Who wouldn't want to invest in Ripple?


Mmmm...

[organofcorti]

#20 Why don't you invest your 10.000 BTC in some SC minirigs?

I'd prefer to invest in Ripple.

Who wouldn't want to invest in Ripple?
http://www.turkeyhill.com/images/frozen-desserts/premium-ice-cream/1-5-qts/fudge-ripple-ice-cream.jpg

Mmmm...

lol, my first thought too

[SysRun]

This is hilarity. BTC10,000 worth.

[el_rlee]

#23 - I doubt you have 10,000 BTC.  Can you please address sign a balance of at least 10k and post the message here?

I think Matthew will come up with the 10kBTC. It's a bold move he has made.

[dree12]

#24: Will you answer this question?

[Matthew N. Wright]

#22 (if you feel like answering extra questions) : Based on your past history you seem to lack faith in any anonymous person yet you make a 10 000 btc bet on an anonymous person with (for the most part) anonymous people?

This is actually the final question! (Count them again and see for yourself!)

I do think doing any business with anonymous people is downright ridiculous, at least without escrow of some sort. As for Pirate, I've said this a dozen times at least -- He's not anonymous. And the betters? only some of them are. The larger wagers are individuals who are well known.

[SgtSpike]

Will be interesting to see how this all turns out... 

[556j]

I do think doing any business with anonymous people is downright ridiculous, at least without escrow of some sort. As for Pirate, I've said this a dozen times at least -- He's not anonymous.

Practically is. Bitcoin seems to have a very diverse community. With that comes people that don't understand ID means nothing mixed in with experienced scammers and criminals. Unless you ran it through NCIC (w/ matching SSN + preferably more info) and the pictures matched ID doesn't mean much. Even if it's valid through NCIC it could just have been copied. I had an old college friend that looked exactly like me, if I had a fake ID made with his DL number and made a facebook account you guys would send me millions?

I have been tempted to show you guys how little this stuff means the hard way, but my morals got the best of me. But really, if you don't know the guy personally. If you haven't met his family and knows where he sleeps. Then confirmed that with pictures from government sites, you are taking a big risk fully trusting someone based off ID and social networks.

[sgravina]

...
This is actually the final question! (Count them again and see for yourself!)
...

Hey!  I still don't have the answer to my question, #19.  Can quantum mechanics and general relativity be realized as a fully consistent theory?

Answer the question or be forever known as ... as one of those people that knows it all but won't share.

A simple yes or no would suffice.

[Matthew N. Wright]

you are taking a big risk fully trusting someone based off ID and social networks.

And with great risk comes great rewards.

You are right of course, but I chose my path. I think you're absolutely right and I appreciate your advice though.

[Grinder]

Funny thing is, unless you're colluding with pirate, you've made it harder for him to repay even if he wanted to. There never were 500 000 BTC, so the only way he can get out of it in a way that would let you win is to fear all the real creditors into selling their accounts at a very low price. By letting people hedge you have made that more expensive.

[Transisto]

Funny thing is, unless you're colluding with pirate, you've made it harder for him to repay even if he wanted to. There never were 500 000 BTC, so the only way he can get out of it in a way that would let you win is to fear all the real creditors into selling their accounts at a very low price. By letting people hedge you have made that more expensive.

Selling an account at lower price to someone else other than pirate40 doesn't lower the amount he has to pay.

[TheKoziTwo]

you are taking a big risk fully trusting someone based off ID and social networks.

And with great risk comes great rewards.

You are right of course, but I chose my path. I think you're absolutely right and I appreciate your advice though.

If you believe he is right then why do you claim that he is "not anonymous" in the answer I was entitled to? Having a fake ID is in essence equal to being anonymous, in fact the only point of having a fake ID is to be anonymous. If you believe that doing "any business with anonymous people is downright ridiculous" and all it takes to convince you is a fake facebook profile and some obscure ID i'm really questioning your point. I mean it's basically the same thing?

[SgtSpike]

I will sell my 30 BTC bet for 55 BTC. 

[nazgulnarsil]

I dreamt pirate paid back everyone.   

This is why I stopped paying attention to bitcoin last year, takes over my attention span.

[bg002h]

#25
Do you intend to win the bet on a technicality?