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nimda
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August 24, 2012, 10:11:11 PM |
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Guyz... guyz. Signmessage!
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phillipsjk
Legendary
 Offline
Activity: 1008
Merit: 1001
Let the chips fall where they may.
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August 24, 2012, 10:22:28 PM |
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Guyz... guyz. Signmessage!
Good point. That is not the official betting format though. Edit: still lacking bitcoins, I was assuming that was about signing the bets, not proving access to funds. |
James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160 |
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SysRun
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August 24, 2012, 11:01:32 PM |
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I'm so sad that I missed out on the earlier bet... if you open it up again let me know.  |
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davout
Legendary
Offline
Activity: 1372
Merit: 1008
1davout
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August 24, 2012, 11:12:56 PM |
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Signing a message with a private key doesn't prove anything.
Controlling funds doesn't mean they're yours to spend.
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Micon
Legendary
Offline
Activity: 1232
Merit: 1014
FPV Drone Pilot
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August 25, 2012, 12:00:59 AM |
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not touching this 1
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nimda
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August 25, 2012, 12:22:33 AM |
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Signing a message with a private key doesn't prove anything.
Controlling funds doesn't mean they're yours to spend.
You are wrong. In order to sign the message, one must have the private key, which in turn means the ability to spend the funds. Unless you're insinuating that he's paying someone off... |
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Koooooj
Member
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Activity: 75
Merit: 10
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August 25, 2012, 12:37:13 AM |
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Signing a message with a private key doesn't prove anything.
Controlling funds doesn't mean they're yours to spend.
This bet is not about MNW's willingness to pay--that must be taken on faith. It's about his ability to pay, for which controlling the funds is EVERYTHING. Now, it's conceivable that he has access to some large account associated with, for example, Bitcoin Magazine, which he could use to claim that he has the 10K BTC, but I'm sure that the people who own that account (Bitcoin Magazine in this example) would be QUITE averse to him doing this, and I doubt that he has any connection that he would risk for this... that said, 10K BTC is a lot of money and people will do a lot of dumb stuff for a lot of money. Personally, I believe he has the money, but is just having too much fun trolling detractors. The moment of truth will be when the original bet ends. That said, though, will this bet end only upon the collection of 1000BTC of bets, or is there some cutoff time when it will be terminated? I don't claim that MNW doesn't have the money, but it would be reassuring to know that he does. |
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Draino
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August 25, 2012, 12:38:59 AM |
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guys guys my dick is bigger than pirate's pay attention to me instead
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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August 25, 2012, 01:04:14 AM |
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not touching this 1
Me neither. Let's you and I go play NL Holdem. I'll even let you deal. ~CB~ |
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evoorhees
Legendary
Offline
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
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August 25, 2012, 03:23:08 AM |
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Less talk, more action. Who here thinks I can't prove I have the funds? Free money!
I really don't give a shit if you have the money or not, you just run your mouth endlessly. Well actually Matthew is backing up his words with action - with money. Someone who is willing to back words with money can talk as much as they want, in my book. I salute your initiative here, Matthew. I hope you don't lose $100,000  |
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Maged
Legendary
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Activity: 1204
Merit: 1015
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August 25, 2012, 06:21:49 AM |
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That said, though, will this bet end only upon the collection of 1000BTC of bets, or is there some cutoff time when it will be terminated? I don't claim that MNW doesn't have the money, but it would be reassuring to know that he does.
Clearly, this bet as well as every bet down the meta-bet chain will terminate upon completion of a higher-level bet. In this case, that would be the 10k BTC Pirate bet. |
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burtan
Newbie
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Activity: 24
Merit: 0
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August 25, 2012, 06:35:18 AM |
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Matthew if you do win the bet and cant prove that you have the money I would urge no one to pay you and that you be labeled a scammer. You not having the money for the bet in the first place would make the bet invalid. I trust that you most likely do have the money that is why I took the bet, but I suggest you do prove it if you win or there will be a lot of angry people that will not pay you. I can prove I can cover my bet, I suggest you do the same or I will label you a scammer and so should everyone that has taken your bet.
PS - you asking for bets on weather you actually have the money is just stupid. If it turned out that you did not have the money it is a loose, loose. Only a fricking idiot would take that bet because if they won you would not pay anyway.
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Matthew N. Wright (OP)
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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August 25, 2012, 06:38:11 AM |
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Matthew if you do win the bet and cant prove that you have the money I would urge no one to pay you and that you be labeled a scammer. You not having the money for the bet in the first place would make the bet invalid. I trust that you most likely do have the money that is why I took the bet, but I suggest you do prove it if you win or there will be a lot of angry people that will not pay you. I can prove I can cover my bet, I suggest you do the same or I will label you a scammer and so should everyone that has taken your bet.
PS - you asking for bets on weather you actually have the money is just stupid. If it turned out that you did not have the money it is a loose, loose. Only a fricking idiot would take that bet because I they won you would not pay anyway.
Yes, I fully planned on proving it, I just like screwing with trolls. I'll prove it when it's time. Right now it's just a few scattered people who hate me already asking for proof. Why would I give them what they want? It's better to bet against them that I do in fact have it and make some money off of their trolling, don't you think? The side bet btw is just a statement to trolls. Feel free to ignore it as I doubt anyone is going to participate in it anyway, and I will be proving I have the funds in due time. Cheers. |
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burtan
Newbie
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Activity: 24
Merit: 0
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August 25, 2012, 06:47:21 AM |
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Thanks Matthew. I am more than happy to pay you if I loose. which I cant buy the way, as I just made a side bet with a friend and he is so sure that pirate will not pay that he has given me 3/1 on a $75 bet so I now will win even more if he does end up paying
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organofcorti
Donator
Legendary
Offline
Activity: 2058
Merit: 1007
Poor impulse control.
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August 25, 2012, 06:55:24 AM |
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If Matthew used a bet-chain where the lowest bet covered the next lowest bet in the chain as follows:
1000
2000
4000
8000
16000
32000
64000
128000
then by proving he had 1000 btc he would eventually be able win all bets (assuming all bettors paid up). He could start even lower if he didn't have 1000 btc.
I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.
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davout
Legendary
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Activity: 1372
Merit: 1008
1davout
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August 25, 2012, 07:41:57 AM |
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I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.
Oh god, you made my day |
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LightRider
Legendary
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Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
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August 25, 2012, 07:51:07 AM |
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It's absurd bets all the way down.
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TTBit
Legendary
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Activity: 1136
Merit: 1001
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August 25, 2012, 01:18:27 PM |
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Player A: I'll bet you $10,000 that I have $100,000 in my bank account.
Player B: Ok, I'll take that bet
Player A: You win, I don't have any money.
Player B: Where is my money?
Player A: I will bet you $1,000 that I have $10,000 in my bank account.
Player B: Ok, I'll take that bet......
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good judgment comes from experience, and experience comes from bad judgment
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SysRun
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August 25, 2012, 01:21:39 PM |
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22:36 <@pirateat40> Update: I'm serious hard pressed for time to win a side-line bet on my payout. I'm working as fast as I possibly can and will update you "IN THIS CHANNEL" when things really start to move  |
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whiskers75
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August 25, 2012, 05:15:52 PM |
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Why don't you simply post some address with zero BTC on it and send 10K to it?
There are two possibilities... 1 - He made a $100,000 bet and is unwilling to prove his ability to pay because he thinks it's funny. 2 - He doesn't have it and he keeps making more bets because he thinks it's funny. Which seems more likely to you? 3. You're all loud mouthed conspiracy theorists who refuse to learn your lesson on the first bet, so it will take additional bets to sufficiently make you start thinking before you talk. Last time I checked the first bet has not even been settled yet......how was one to learn a lesson from something that is still undetermined? Less talk, more action. Who here thinks I can't prove I have the funds? Free money! I don't know what this is about, but if there is free money I'll have some: 1Cga9Zi4tHiY99z1UT1yuuXAq2uqdJB6ow |
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