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Topic: 280 BTC total bets between Micon and mrb (are BFL ASICs real?) - page 21. (Read 46415 times)

full member
Activity: 182
Merit: 100
I am sorry but Micon was wrong from the start, but the CES event was epic.

BFL FTW cha-ching

Our group expects to be mining by the end of the month at the very least.  Just hoping bumping is going well.
member
Activity: 104
Merit: 11
Quote
Discount for Early Orderers

Seems legit
legendary
Activity: 1400
Merit: 1005
I'm still willing to take anyone up @ 20 BTC that BFL will deliver ASICs to at least 3 end customers by July 2013.
newbie
Activity: 28
Merit: 0
FYI:

https://forums.butterflylabs.com/announcements/692-bfl-asic-status.html#post13792

I guess at this point I might bet ON BFL.  Any takers?  Anyone want to bet against BFL?

I am pretty broke from my last bet but I might be able to come up with a small wager.

Hmmmmm very interesting. Looks like things are starting to pan out.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
FYI:

https://forums.butterflylabs.com/announcements/692-bfl-asic-status.html#post13792

I guess at this point I might bet ON BFL.  Any takers?  Anyone want to bet against BFL?

I am pretty broke from my last bet but I might be able to come up with a small wager.
legendary
Activity: 3431
Merit: 1233
If you match this 0.1 BTC, I will send 10 BTC, then 100 BTC, then 1000 BTC, then 20000 BTC. Progressively increasing the amount each time.
You told me you can bet up to 1000 bitcoins and now your offer is for 20000?! I don't take you seriously. Do you really think I'm gonna invest time in verifying terms and conditions of your bet with Micon and studying casascius escrow system just to play the game of a betting junkie?

For the record...

ASICs for cryptographic purposes have been created more than a decade ago. It is not a rocket science to create one for bitcoin mining. I wrote about that before I even came across your betting addiction on this funny thread. Read about it here https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615

The question is not if BFL is going to deliver "something" like a bitcoin mining ASIC. After almost a year of delays even my grandma can deliver an ASIC if she collects 20 million from greedy brainless sheeple and outsources every possible aspect of the ASIC creation... With so many millions collected from the sheeple, BFL got the chance to deliver something in due course but they are so incompetent that they have missed it! They have started as a scam and will end up as a scam. Why? Because BFL fans will get back only a fraction of the value they have invested.

To sum it up, you are probably on the bottom list of the people on Earth that I would care if my thoughts are liked or not. So, stop trolling and sending spam to my pm box.

Wait, did I get this right? 
Wait, did you read it?

I'm not changing anything. I'm very straightforward on everything I wrote about BFL! They are scam! Period.
legendary
Activity: 1400
Merit: 1005
If you match this 0.1 BTC, I will send 10 BTC, then 100 BTC, then 1000 BTC, then 20000 BTC. Progressively increasing the amount each time.
You told me you can bet up to 1000 bitcoins and now your offer is for 20000?! I don't take you seriously. Do you really think I'm gonna invest time in verifying terms and conditions of your bet with Micon and studying casascius escrow system just to play the game of a betting junkie?

For the record...

ASICs for cryptographic purposes have been created more than a decade ago. It is not a rocket science to create one for bitcoin mining. I wrote about that before I even came across your betting addiction on this funny thread. Read about it here https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615

The question is not if BFL is going to deliver "something" like a bitcoin mining ASIC. After almost a year of delays even my grandma can deliver an ASIC if she collects 20 million from greedy brainless sheeple and outsources every possible aspect of the ASIC creation... With so many millions collected from the sheeple, BFL got the chance to deliver something in due course but they are so incompetent that they have missed it! They have started as a scam and will end up as a scam. Why? Because BFL fans will get back only a fraction of the value they have invested.

To sum it up, you are probably on the bottom list of the people on Earth that I would care if my thoughts are liked or not. So, stop trolling and sending spam to my pm box.

Wait, did I get this right?   Becoin is changing to "BFL will deliver"?  Why say BFL is a scam and won't ship for so long when you really didn't believe it?
mrb
legendary
Activity: 1512
Merit: 1028
If you match this 0.1 BTC, I will send 10 BTC, then 100 BTC, then 1000 BTC, then 20000 BTC. Progressively increasing the amount each time.
You told me you can bet up to 1000 bitcoins and now your offer is for 20000?! I don't take you seriously. Do you really think I'm gonna invest time in verifying terms and conditions of your bet with Micon and studying casascius escrow system just to play the game of a betting junkie?

For the record...

ASICs for cryptographic purposes have been created more than a decade ago. It is not a rocket science to create one for bitcoin mining. I wrote about that before I even came across your betting addiction on this funny thread. Read about it here https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615

The question is not if BFL is going to deliver "something" like a bitcoin mining ASIC. After almost a year of delays even my grandma can deliver an ASIC if she collects 20 million from greedy brainless sheeple and outsources every possible aspect of the ASIC creation... With so many millions collected from the sheeple, BFL got the chance to deliver something in due course but they are so incompetent that they have missed it! They have started as a scam and will end up as a scam. Why? Because BFL fans will get back only a fraction of the value they have invested.

To sum it up, you are probably on the bottom list of the people on Earth that I would care if my thoughts are liked or not. So, stop trolling and sending spam to my pm box.

See? I called your bluff and I was right: I am willing to bet more than you and only had to put 0.1 BTC down to prove it. You are refusing to match this ridiculously small amount, because you just admitted you believe in BFL's ability to deliver an ASIC, therefore that you have no reason to bet against me in the first place... So why on earth did you waste your and my time trolling this thread?

Please PM me your "B" escrow code so that I can recover the 0.1 BTC that I sent... If you refuse, I will ask casascius to send me that code.
hero member
Activity: 616
Merit: 500
Portland Bitcoin Group Organizer
I speak troll so please allow me to translate what becoin said...

"just trolling, not betting, but thanks"
legendary
Activity: 3431
Merit: 1233
If you match this 0.1 BTC, I will send 10 BTC, then 100 BTC, then 1000 BTC, then 20000 BTC. Progressively increasing the amount each time.
You told me you can bet up to 1000 bitcoins and now your offer is for 20000?! I don't take you seriously. Do you really think I'm gonna invest time in verifying terms and conditions of your bet with Micon and studying casascius escrow system just to play the game of a betting junkie?

For the record...

ASICs for cryptographic purposes have been created more than a decade ago. It is not a rocket science to create one for bitcoin mining. I wrote about that before I even came across your betting addiction on this funny thread. Read about it here https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615

The question is not if BFL is going to deliver "something" like a bitcoin mining ASIC. After almost a year of delays even my grandma can deliver an ASIC if she collects 20 million from greedy brainless sheeple and outsources every possible aspect of the ASIC creation... With so many millions collected from the sheeple, BFL got the chance to deliver something in due course but they are so incompetent that they have missed it! They have started as a scam and will end up as a scam. Why? Because BFL fans will get back only a fraction of the value they have invested.

To sum it up, you are probably on the bottom list of the people on Earth that I would care if my thoughts are liked or not. So, stop trolling and sending spam to my pm box.
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
I don't see why this has to be a pissing war about the amount being bet. I don't know how many times I've read that Bryan has a new born kid, and I get that, why can't you guys? Yes he's putting his money where his mouth is, he just doesn't have the same (potentially) disposable income. Even if he is strong in his beliefs, he has a wife and a kid that depend on him - nobody should be persuading him to bet more than he is comfortable with.

Either way someone is going to win and someone is going to lose. The amount doesn't really matter that much. Any fool can have more money than another.

When delimited in USD, I have about $1,200 riding on BFL being a scam.  I'd say that qualifies as putting your money where your mouth is. 

These latest Inaba troll-posts in this thread are so desperate and childish they don't deserve a response.  On the heels of Avalon ASICs beginning to hash, this is where he spends his time? It's shocking that the mods silenced me for being "off topic" when posting my BFL scammer investigation link in the BFL thread (before they slit it off and called it a "troll museum," yet they let Inaba troll me with repeated personal insults without consequence.  https://bitcointalksearch.org/topic/private-msg-from-mod-gmaxwell-asking-me-to-stop-my-bfl-hostile-tone-139234

It goes without saying that a pro gambler bets what he is comfortable betting.  (you needn't worry about persuasion to get me to bet more than I'm comfortable betting - I've been doing this for a decade) For me right now I'm comfortable with 60 coins or about ~$1200 in USD wagered on this.  I am not opposed to raising the stakes at a future point as I research further.

I have to personally thank mrb for setting a fine example when betting someone with the opposite viewpoint.   He has been respectful in all his posts and win or lose I enjoy the way he has done business.   

 
member
Activity: 104
Merit: 11
I don't see why this has to be a pissing war about the amount being bet. I don't know how many times I've read that Bryan has a new born kid, and I get that, why can't you guys? Yes he's putting his money where his mouth is, he just doesn't have the same (potentially) disposable income. Even if he is strong in his beliefs, he has a wife and a kid that depend on him - nobody should be persuading him to bet more than he is comfortable with.

Either way someone is going to win and someone is going to lose. The amount doesn't really matter that much. Any fool can have more money than another.
legendary
Activity: 952
Merit: 1000
legendary
Activity: 1400
Merit: 1005
Marc pushes SgtSpike to the side  Smiley
Micon: me too I have always been, and will always be, interested in betting up to 1000 BTC. Let me know.

Cheesy
mrb
legendary
Activity: 1512
Merit: 1028
Marc pushes SgtSpike to the side  Smiley
Micon: me too I have always been, and will always be, interested in betting up to 1000 BTC. Let me know.
legendary
Activity: 1400
Merit: 1005
Ok, makes sense.  Thanks for setting me straight guys.  Wink

Micon - I'm willing to go another 10 BTC if you're game.  Just add on to the same address.  Please confirm, then I'll send.
legendary
Activity: 2940
Merit: 1333
Yes he can. That's the whole point of an escrow: being able to control the coins. Anybody with the 3 codes (a, b, payment) can withdraw the coins. If becoin fails to fund the escrow (which I expect), I would give casascius the payment code to let him compute the private address and return my coins.

Right.  There are three pieces of information (the two escrow invite codes (A and B) and the payment invitation (P)).

Everyone knows exactly 2 of these:

* escrow knows A and B
* player 1 knows A and P
* player 2 knows B and P

If any of the three gives one of the other two the piece they're missing, then that person has access to all the coins.  Any two of the participants can get together and control the coins.  The goal is that players 1 and 2 agree who won and so the escrow doesn't need to get involved, but if they can't agree then either of the players can give the escrow enough information to decide the bet for them.
hero member
Activity: 756
Merit: 522
This keeps doubling, it may even reach 1600.

40 - 80 - 160 - 320 - 640 - 1280 - 2560

nope  Smiley

Aww, my maths.  Sad
mrb
legendary
Activity: 1512
Merit: 1028
I don't believe Casascius can take control of the coins, even with consent from one of the other parties.  The other party would have to take control of the coins, then send them to an address Casascius specifies.

Yes he can. That's the whole point of an escrow: being able to control the coins. Anybody with the 3 codes (a, b, payment) can withdraw the coins. If becoin fails to fund the escrow (which I expect), I would give casascius the payment code to let him compute the private address and return my coins.
legendary
Activity: 1400
Merit: 1005
You should get his consent before sending more BTC after he sends any.  It's OK to send first if he hasn't sent, because I can always make sure you get your money back if he doesn't participate.  Once he has paid money to the address, I can no longer do that.

As I understood it, any one of the three of you can take control of all the funds so long as one of the other two parties cooperates with you.  So as soon as mrb sends his payment invitation to casascius, casascius can distribute the coins, without consent of the 3rd party.  That's right isn't it?
I don't believe Casascius can take control of the coins, even with consent from one of the other parties.  The other party would have to take control of the coins, then send them to an address Casascius specifies.
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