/biz/ - Business & Finance

so is it finally over?

>>28797415
The whale is dead

>>28797519
long live the loo

>>28797326
eBay really needs to implement this. I get screwed over by buyers, there is no action for me to take even if I’m in the right. Buyers steal all the time by shipping back altered items or fake items. There needs to some kind of legal I action sellers can take.

>>28797326
>8 cents
fuck you for making me check this shitcoin

>>28797968
fuck the sellers pay for my tendies

>>28797326
poo in the loo

Keep holding suckers

>>28797968
This is why I would never bother with ebay for things like selling off old video games or pokemon cards or whatever the fuck retards are paying out the ass for these days. What's the point, you know some cunt is going to scam you and there's nothing you can do about it with ebay's unbalanced resolution system.

Granted, I've had sellers try to fuck me over with falsely advertising things, and then ebay settling the matter in my favor.

this is my favorite and worst performing crypto

THREAD THEME

https://www.youtube.com/watch?v=OlzUiTA5DQk&feature=emb_title

>>28797326
Why are people excited about this coin? What fundamentals does it have that are so good?

>this guy slaps your portfolio's ass
How will non-pinkies ever recover?

>>28798026
it will be 16c end of week

>>28798026
>buy the pump bro
NGMI

>>28798240
Where else would I sell my used shit then? I’m not some professional seller, I just use it as a garage sale place. It’s easy as fuck and you can sell for good prices for your used shit. Idk were else to go.

>>28798390
It is designed to solve disputes within the blockchain through a court system that uses game theory to ensure that disputes are resolved fairly. It has a large, expanding team of non-pajeets who are in contact with Jack Dorsey and Vitalik Buterin (who has mentioned the coin several times). The price of Kleros is currently being suppressed by a 50 M token whale who, at this very moment, only has 4 M tokens left. In addition, the team is working on getting the coin listed on Coinbase and Binance. It is quite literally on the verge of a massive pump

>>28799057
The whole system is flawed. I relies on people betting on what they think is the correct answer instead of what is actually the answer

if the system is taken over by bugmen it would be profitable to side with the bugmen. If laquesha wants John to pay 5 bitcoin for her KEEDZ and the bugmen go YAAAAAAAAS QUEEEEEEEEEN SLAAAAAAAY MAKE HIM PAAAAAAAAY then you're losing money not siding with them

>>28799218
>The whole system is flawed. I relies on people betting on what they think is the correct answer instead of what is actually the answer
except it's made in a way doing this is not financially sustainable

>>28799322
literally, read the whitepaper, it pays you to be on the winning side so you are incentivized to bet on who you think will win instead of who aught to win

>>28798341
Exact same for me

It's my only coin that's been going down all this bull market but it's still my favorite project

>>28799057
>>28799218
>>28799322
>>28799609
So it solves disputes by having a vote between the two sides, people then vote with their PNK, and the winner is whoever had more PNK on their side; meanwhile those who voted and lost lose their PNK and those who voted and won win back their PNK and more?

>>28798704
Personally I just wouldn't bother

>>28797326
why is this needed? chainlink solves this problem

>>28799763
yes, but rulings can also be appealed. When rulings are appealed, the vote is moved into an even larger pools of jurors. This process of appealing can be repeated until the pool of jurors is so large that griefing is impossible. Appealing can also only be done by staking more PNK

>>28799911
Chainlink cannot handle subjective data and is vulnerable to oracles that act in bad faith (one bad oracle can lie about an outcome, with no way to reverse the lie that is built into Chainlink). Kleros on the other hand uses large amounts of jurors to ensure no griefing or misinformation occurs

>>28799609
>pick side i think people will choose even though it's wrong
>other jurors do the same
>case gets appealed with further evidence provided to clarify the correct decision
>jurors are doubled
>correct decision is picked
also reminder not all cases allow you to see the votes

>>28800045
>Get in early
>Buy a shit ton of Kleros
>Dump it on the side you want to win
>Win because you dumped the most

>>28799609
>who ought to win
>who is right
Those two things are not mutually exclusive you dumb nigger. If I think A is right it’s because B doesn’t present enough evidence. If I believe A is right but doesn’t present enough evidence or has a poor argument then I’d side with B. Of course you’d side with who you think would win that’s the whole point, it incentivized proper judgment over being bias and on top of that it is anonymous so you can’t judge based on some other factor like race or religion.

>>28799913
It seems like this would be really easy to manipulate if you had enough PNK. Who's to say a rich person doesn't stand to net gain by manipulating an important dispute? Hell, this type of shit even happens in the real court systems, except in this case the risk of manipulating is much lower since you won't go to jail etc.

>>28800389
In 2016 who would you vote for? Who do you think most people would have voted for? Who won?

Do you think that there would have been a different result if people were told that betting on the winner would earn them money?

>>28800400
don't be a retard like >>28800226 (even though he's fudding) and do some basic research anon https://medium.com/kleros/why-kleros-needs-a-native-token-5c6c6e39cdfe

>>28800226
>he thinks more pnk = more voting power
I love how half the people who fud this either have no idea how the platform works or just blatantly lie to accumulate.

>>28800704
Just read it, so each holder gets one vote and stands to lose or gain 10%. That still doesn't stop manipulation since holders could be paid off for votes.

>>28800627
Wtf are you on about. Voting in an election is not the same as voting as a juror in a court case. On top that this is completely anonymous, on what pretext would I choose who I believe is the winner? It would have to be based on the evidence. Holy shit are you stupid, this isn’t for voting on politics.

>>28801021
Holders are chosen at random for court cases, holders/jurors are also anonymous and do not know and is impossible for them to know the identity of the other jurors. You can stake in Kleros court for a chance to be chosen with as little as 100 PNK. Stop fudding, read the white paper.

I almost prefer the pajeet shitposting to having to actually explain how this works to midwits
Literally read the whitepaper you retard tourists

>>28801413
>rich, corrupt person makes private group with many PNK holders
>pays them off to influence decisions on smart contracts
>even though it's anonymous, all people in the same court cases will receive same evidence, so it will be easy to know if you have the same case/vote or not
>everyone involved lives in difference countries, so the organizer of the corruption can't be persecuted by actual courts, making it low risk, and more likely to happen
>real courts will be unlikely to prosecute since smart contracts subvert their authority in the first place
Don't get me wrong, it's a cool idea to try to make a way to resolve smart contracts within the blockchain, but it seems like it has way too many flaws which can be exploited.

>>28801549
Same. This is honestly one of the better projects there is right now.
>t. not a pajeet

>>28801853
Not to mention it will steadily create a homogenous, hive mind which may not necessarily be in line with how the majority actually thinks since it will naturally select against the minority of opinion holders.

>>28801853
this is such a fringe case that sure it's possible, will not be representative of 99% of kleros cases

>>28801853
There are 1000s of stakers and in the future maybe 10s of thousands. It is completely random and in order for that kind of manipulation to occur would require huge amounts of planning and timing to then go rig a couple of cases involving maybe 100$ In which you’d probably get 2$ out of it. You know how many people you’d have to get involved? How would they communicate effectively, you know how monstrous their communication network would have to be to communicate effectively especially accords language barriers, all this to just win a couple cases. This is poor fud.

>>28802231
This is a nice “hypothetical” involving shitty psychology that doesn’t even exist. Give me one example of how this “hive mind” would rule unfavorably in a court case.

>>28802292
I would say that such an easy to exploit loophole exists in the first place makes it unlikely to be widely used, and therefore unlikely for PNK to appreciate a lot in value.
>>28802296
This and the bribery section in the white pages imply that every instance of corruption would have to get through the general court. That is obviously not true. Someone who actually knew what they were doing would avoid appeals by influencing decision on the cusp. The whole system encourages corruption, ironically by offering financial incentive to be successfully corrupt. I'm not saying every case will be corrupt, the majority won't. However, corruption will be easy enough to execute, with low enough risk, and financial incentives that it will be plentiful enough to make PNK not grow enough for it to be a great long-term investment.

>>28802651
It would be caused by drift until the remaining population has fringe views.
>initial 20%ers lose time and time again
>stop voting
>initial 30%ers lose time and time again
>stop voting
>soon enough the initial 60% majority is now the 100%
>same process repeats until the majority of PNK voters is no longer a representative sample size of how the majority of people (or even majority of initial PNK holders) actually think

>>28802821
>such an easy to exploit loophole
what you described doesn't sound easy at all

>>28801549
>calls someone retards on the internet

Sir please refrain or I will take it to Kleros Court