MemoryDealers (OP)
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Activity: 1052
Merit: 1105
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September 20, 2011, 04:05:12 PM |
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Challenge submitted.
Your challenge is $9,800 short. http://longbets.org/611/Other than that, I think it is a well reasoned response. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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iamzill
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September 20, 2011, 04:18:17 PM |
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This website is a joke, right? Large Hadron Collider will destroy Earth? http://longbets.org/382/ That's like saying "I bet one trillion USD that USD will become worthless". |
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kjj
Legendary
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Activity: 1302
Merit: 1025
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September 20, 2011, 04:28:38 PM |
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This website is a joke, right? Large Hadron Collider will destroy Earth? http://longbets.org/382/ That's like saying "I bet one trillion USD that USD will become worthless". Except that both parties need to pay their trillion up front, and it all goes to charity no matter which party wins the bet. |
17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8
I routinely ignore posters with paid advertising in their sigs. You should too.
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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September 20, 2011, 04:51:25 PM |
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But then charity will receive trillions of worthless dollars  |
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iamzill
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September 20, 2011, 04:54:35 PM |
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This website is a joke, right? Large Hadron Collider will destroy Earth? http://longbets.org/382/ That's like saying "I bet one trillion USD that USD will become worthless". Except that both parties need to pay their trillion up front, and it all goes to charity no matter which party wins the bet. Oh, nvm then. Didn't know you had to pay up front. |
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Anonymous
Guest
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September 20, 2011, 05:47:45 PM
Last edit: September 20, 2011, 10:28:54 PM by Immanuel Go |
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Yeah, that's the main problem. I knew there was a reason nobody has taken this up. It's a no-brainer otherwise.
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BitPay Business Solutions
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September 20, 2011, 07:43:25 PM |
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Challenge submitted.
Your challenge is $9,800 short. http://longbets.org/611/Other than that, I think it is a well reasoned response. Get this setup on Intrade, so we can all make side-bets on you and the challenger without forking over $10k. |
BitPay : The World Leader in Bitcoin Business Solutions https://bitpay.comDoes your website accept bitcoins? |
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andrewbadr
Full Member
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Activity: 174
Merit: 100
Posts made Jan-March 2017 are not by me
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September 20, 2011, 10:36:52 PM |
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Challenge submitted.
Your challenge is $9,800 short. http://longbets.org/611/Other than that, I think it is a well reasoned response. Thanks. I'd be willing to make an actual $10,000 bet with you, but not one where I lose the money either way. |
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MemoryDealers (OP)
VIP
Legendary
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Activity: 1052
Merit: 1105
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September 20, 2011, 11:08:28 PM |
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Challenge submitted.
Your challenge is $9,800 short. http://longbets.org/611/Other than that, I think it is a well reasoned response. Thanks. I'd be willing to make an actual $10,000 bet with you, but not one where I lose the money either way. I would gladly agree to that, but betting where bettors keep the money winnings is defined as gambling and is illegal throughout the United States. This is one of many stupid laws that I am confident Bitcoin provides a solution to, and one of many reasons why I think Bitcoin will become incredibly popular in the near future. |
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FAtlas
Newbie
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Activity: 56
Merit: 0
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September 20, 2011, 11:55:34 PM |
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What if I want to participate but hate charities? Those starving kids and cancer patients should just bootstrap themselves out of their predicament.
Also, you look and sound like a douche when you talk.
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Anonymous
Guest
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September 21, 2011, 12:56:54 AM |
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What if I want to participate but hate charities? Those starving kids and cancer patients should just bootstrap themselves out of their predicament.
Also, you look and sound like a douche when you talk.
In his defense, a good lot of charities are corporatist shills. In many cases, only a small percentage of the money donated reaches the actual cause. Giving money to a poor charity is equivalent to throwing money away. I haven't researched the charities involved myself but this might be a probable cause. |
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platorin
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September 22, 2011, 11:09:27 AM |
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Ok, so if you think that bitcoin will outperform - whatever it means - dollar in 2 years for 100 times, so why the hell is this bet in USD instead of BTC?
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giszmo
Legendary
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Activity: 1862
Merit: 1105
WalletScrutiny.com
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September 22, 2011, 11:40:20 AM |
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Ok, so if you think that bitcoin will outperform - whatever it means - dollar in 2 years for 100 times, so why the hell is this bet in USD instead of BTC?
I doubt somebody who does not agree would accept BTC for the bet  |
| ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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dancupid
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September 22, 2011, 11:40:52 AM |
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Ok, so if you think that bitcoin will outperform - whatever it means - dollar in 2 years for 100 times, so why the hell is this bet in USD instead of BTC?
Becasue his bitcoins will be worth 100x more than now - You'd just need $100 worth of bitcoin today to cover the bet as they'd be worth $10k when the time comes. |
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danman87
Member
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Activity: 80
Merit: 10
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October 18, 2011, 03:45:13 PM |
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Hey Rog,
Still happy about this bet?
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cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
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October 18, 2011, 04:05:14 PM |
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why wouldn't he be? pm's have topped out and Bitcoin has or is close to bottoming. the metrics for this trade have never been more favorable. anyone taking this bet now would be crazy.
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the founder
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October 18, 2011, 04:07:21 PM |
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I forgot what his start price was.
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Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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Steve
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October 18, 2011, 04:08:09 PM |
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Last I heard, no one actually took him up on the bet.
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the founder
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October 18, 2011, 04:09:25 PM |
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Last I heard, no one actually took him up on the bet.
That's what he told me at the conference... but I don't know what happened since then. |
Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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dancupid
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October 18, 2011, 04:10:52 PM |
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why wouldn't he be? pm's have topped out and Bitcoin has or is close to bottoming. the metrics for this trade have never been more favorable. anyone taking this bet now would be crazy.
You just need $100 of bitcoins to take the bet - you can only lose $100, or win $10,000 |
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