Great. Lets do 1 bitcoin .
We each deposit 1 BTC into a taproot address with two spending conditions:
1. Time locked so that you can withdraw June 1st next year at a depth of 1 in the tap tree.
2. Time locked so I can withdraw May 1st next year at a depth of 128 in the tap tree.
If BIP444 activates, you get 2 BTC out of the address (because my spend path would be consensus invalid).
If BIP444 does not activate, I get 2BTC out of the address.
We can modify the dates if you wish. Lets do it.
So three months wager? Why do i wait 4? I do not understand tap trees either. Also once the chain splits there's a chance core URSFs. Leaving me with more questions to your proposed set up.
How about I meet you in person (or some trusted set up) once the chain splits and I trade 1 core (csam btc) for whatever market value is in knots btc.
Much more straight forward.
>Also once the chain splits there's a chance core URSFs.
Why would that make any difference?
Im not sure it would or wouldn't. If URSF was the case we would both have two coins on our respective chains?
I expect that once the split happens its very unlikely they merge back wiping out cores chain (from less hashrate or core URSFing).
Why not just do my proposed bet since he's so confident?
URSF wouldn’t make a difference.
>Why not just do my proposed bet
Probably because you won’t follow through on it.
If you lock up the coins now no one can back out later.
If the chain permanently splits because core URSFs in response- he would be able to still access his tap tree on that chain. So he would have two core coins and I would be able to access the knots coins a month later.
I would follow through- even though I can just dump my shitcoin core version of bitcoin on an exchange for the monetary knots version. Might even get a pretty premium for them amid the chaos.
He's also framing these bets/markets on an extremely short time frame because he thinks it boosts his odds compared to a longer time frame.
Stop weaseling out and make a counter-proposal then.
I did. Trade 1 bitcoin worth on respective chains at market value immediately after chain split.
Put up or fork off, we do this on chain trustlessly.
Seems like you just want the bail-out of a URSF if core clearly loses so you dont get totally wiped out (you'd still maintain access with your tap trees to the core chain).
You frame these bets in a short term bias manner so you can talk shit online lol.
Ill be dumping my core chain bags for knots bags once we split. If you want in on that lmk we can work it out.
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This is great. Please continue telling us how full of shit you are.
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"i have at least 1 btc i'm willing to squander"
"wanna meet in person?"
You think im scared of a wrench?
Only thing I know is you’re scared too make the bet. You objected to the liquidity, I offered more, you rejected the dates, I said you name the dates.
What will the next excuse be?
Just keep betting your little 1 month peanut market down so you can keep talking shit online lol mr. Insurance salesman.
We're gonna fork off. Leaving you porn addicts and shitcoiners behind.
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I miss the days where you could earn some corn by being a reliable escrow on Bitcointalk 😆
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