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Showing 19 of 19 results by trevos
Post
Topic
Board Off-topic
Re: The new bitcoin girl?
by
trevos
on 31/08/2014, 21:45:59 UTC
nakedbits.com ... Nice ads.
Post
Topic
Board Beginners & Help
Re: Hiya!
by
trevos
on 29/09/2013, 19:40:41 UTC
Hello, welcome...
Post
Topic
Board Meta
Re: neg trust with 0 risked BTC shouldn't change color of trust rating
by
trevos
on 29/09/2013, 19:37:45 UTC
I agree that there should be a yellow trust rating for other stuff (0 btc risked, but bad behavior).


However, I also think that it is unfair that some people like TradeFortress or John can leave a (fake?) trust ratings to anyone that they do not like and immediately put the guy in red, and in trouble.

Yes, they are trusted.
Yes, they did good things.


But it gave them too much power....
Post
Topic
Board Lending
Re: --- Loans needed for big volume BTC trading| Interest - 3%/week - 13%/month ---
by
trevos
on 22/09/2013, 16:31:47 UTC
How do you plan to pay back if you lose the money?
What is your collateral?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
trevos
on 22/09/2013, 16:27:54 UTC
You are correct. But the problem is much much deeper than this. Let me begin by asking the simple question; since the KC maximizes profit over number of bets, and since variance decreases with bet size, how many max bets would we need to make in order to decrease variance to get, say, 0.9% < profit < 1.1% assuming all bets were max bets? Going with a set max bet size, say 500 BTC, guarantees we will find a sample size more than sufficient to limit profit in this way. Let's further simplify by going after the RNG and not the house edge.

Variance definitely does not decrease with bet size (assuming total amount wagered is kept constant). The standard deviation for a binomial process is calculated by:
s = sqrt( n * p * (1 - p) )
(s = standard deviation, n = number of samples, p = probability)
If every bet is the same (size b), we can obtain the standard deviation for the total profit (S):
S = b sqrt( n * p * (1 - p) )
If we increase bet-size (b), we decrease n (number of bets) proportionally. But since S is proportional to b and proportional to sqrt(n), we see that with increased bet-size, the standard deviation of the expected total profit goes up.


Which is exactly what he said. Lol.
If you increase bet size, you increase variance.
If you decrease bet size, you decrease variance.

=> Variance is decreasing with bet size.
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
trevos
on 22/09/2013, 16:16:04 UTC
Wagered = 1,295,557.00504856   
Profit = -135.25142283

Expected profit = 12.95 k btc / Profit = - 135 btc.

Seems legit.
Post
Topic
Board Altcoin Discussion
Re: What will the open source Ripple competitor look like?
by
trevos
on 22/09/2013, 16:09:23 UTC
I don't think so. They already planned to giveaway some coins, and sell the others.
Open source or not does not matter.
Post
Topic
Board Services
Re: ESCROW SERVICE
by
trevos
on 22/09/2013, 16:02:46 UTC
You do not understand something: you need to be trusted before offering this kind of a service.
You are new here :/

Who will trust you?
Post
Topic
Board Speculation
Re: Operation twist
by
trevos
on 22/09/2013, 15:55:46 UTC
No, mt.gox will always be more expensive than Bitstamp
Post
Topic
Board Beginners & Help
Re: Hello people
by
trevos
on 22/09/2013, 15:14:57 UTC
Welcome corather.
Post
Topic
Board Off-topic
Re: OMFG! No, seriously! WTF is that? Bounty paid if you know.
by
trevos
on 22/09/2013, 15:08:05 UTC
Satoshi's son playing in the garden.
Post
Topic
Board Off-topic
Re: Thoughts on CoinChat
by
trevos
on 22/09/2013, 15:01:35 UTC
I did not try it but I just received a pm with a ref link to that website.
Post
Topic
Board Games and rounds
Re: Free Lotto for all CLOSED
by
trevos
on 22/09/2013, 14:55:11 UTC
Can I still join?
Post
Topic
Board Beginners & Help
Re: Best *FREE BITCOIN* faucets, time limit shown!
by
trevos
on 22/09/2013, 14:47:48 UTC
Thank you for sharing this list. I will try some of them.
Post
Topic
Board Beginners & Help
Re: Hi
by
trevos
on 22/09/2013, 14:39:58 UTC
Hello. Welcome Hassandev!
Post
Topic
Board Beginners & Help
Re: Need an International Bitcoin exchanger (via bank wire)
by
trevos
on 22/09/2013, 14:32:05 UTC
I made some transfer with bitstamp, around 1k usd each time, and I never verified my account.
If you split your transfer into 3 smaller ones, you should not have to verify your bitstamp account, I think. Just check what is the maximum deposit allowed for a non-verified account.
Post
Topic
Board Beginners & Help
Re: Finally i have FOUND an idea!!!
by
trevos
on 05/09/2013, 19:21:22 UTC
I also want money.
Post
Topic
Board Beginners & Help
Re: Trust System
by
trevos
on 14/07/2013, 12:37:20 UTC
It was a good idea on paper. But it needs to be moderated. Otherwise, trusted people will be able to give negative feedbacks for no reason to people they dislike, which is unfair.... You could be able to appeal a trust.
Post
Topic
Board Beginners & Help
Topic OP
Hello, I'm new here...
by
trevos
on 12/07/2013, 12:19:14 UTC
Hello,
I wanted to mine some bitcoins, but is it still profitable now?