Poker-AI.org

Re: Board Structure

2013-08-03T20:38:53+00:00

Nasher wrote:

Too late, way back in the internet history, there was a 1$ guide on how to make 100$ easily.
The guide was an image that read "Sell this image at 1 dollar a piece, 100 times."

Statistics: Posted by AiWins — Sat Aug 03, 2013 8:38 pm

Re: Board Structure

2013-03-16T11:23:12+00:00

nefton wrote:

Under the pyramid, I means just this. And nothing more like Medoff or others.

Ohhhhhhhhhhhhhh, you meant the square thing with the point top? I thought you meant this

Statistics: Posted by northcroft — Sat Mar 16, 2013 11:23 am

Re: Board Structure aka Ponzi/Pyramid Schemes

2013-03-16T11:18:33+00:00

Kratt wrote:

And level 2 access to the junk forum.

Not the magical fantasy land fourm? Would be a great place for my up and coming thread on handicapping unicorn races

Statistics: Posted by northcroft — Sat Mar 16, 2013 11:18 am

Re: Board Structure

2013-03-16T11:17:29+00:00

Nasher wrote:

Bernie Madoff ran a ponzi scheme. A pyramid scheme is totally different

I give you credit for knowing that there is difference. But, the difference is small. The most important characteristics of both are 1. fraud & 2. paying old investors with the deposits of new investors. The distinction between the 2 scams is, as you mentioned, that a pyramid scheme pays a variety of middle men to funnel money from those at the bottom of the pyramid to those towards the top. For Madoff this middle layer was occupied by a variety of entities.
1. “pension funds” from government, corporate, or academic institution on behalf of their future recipients.
2. “third party hedge fund marketers”
3. “financial advisors” aka “brokers”
4. “Fund of funds” aka “feeder funds” These are hedge funds that invest in other hedge funds. Most hedge funds charge “two and twenty”. Two and twenty refers to the 2% of assets under management & 20% of profits per year. Feeder funds add an extra layer of fees on top of this 2. For example a feeder fund might charge three and thirty.

In some cases there are multiple layers of middle men. Starting from the bottom of the pyramid we have Bob, out retail investor with an account at the SuperDuperBrokerageBank (SDBB). Bob's financial advisors, an employee of SDBB, invests some of bobs money in SuperShityFeederFund (SSFF), and SSFF invests some of their money with madoff. SDBB, SSFF, & madoff all take their cut. And I promise when bob refers his golf buddies to SDBB the broker sends him a very very nice bottle of wine.
“trust me” I should have known better then to write that (=

Statistics: Posted by northcroft — Sat Mar 16, 2013 11:17 am

Re: Board Structure

2013-03-15T10:08:24+00:00

northcroft wrote:

You're going to want to avoid using the term "pyramid" for any kind of hierarchy where the people at the top are in charge & or trusted. There was this hedge fund manager named Bernie Madoff, you know what nevermind it's a long story. just trust me on this one. pyramind is a no no

Under the pyramid, I means just this. And nothing more like Medoff or others.

About the forum.
Assignment of participants rating is a good idea, but unwieldy.
What is the meaning of ratings?
1. Motivate participants to increase it. (Ie now participants write messages not only to talk or self-realization, but also to increase the rating). By adjusting the rules for calculating the rating can affect the development of the forum. For example rating based on the number of posts generate sea of flooding.
2. Helps to evaluate the posts, depending on the rating of the author. (But imho the post should speak for itself)
3. Opportunity to make a separate access into various forum threads.
But here we are faced with many problems. And chief among them - that we == the people!
People have a natural curiosity. And there is little to stop them from getting the desired rating. And the forum for exchange thoughts will turn to something else. (imho people writes posts on forum to someone read them, and not to hide them.)

Statistics: Posted by nefton — Fri Mar 15, 2013 10:08 am

Re: Board Structure aka Ponzi/Pyramid Schemes

2013-03-15T02:00:03+00:00

northcroft wrote:

Spears I don't want you to feel like you owe me so tell you what. Just send me a copy of all your source code and we will call it even. And please make sure to keep it clean. I don't care what your AI's win rate is that's no excuuse for skimping on the javadocs.

And level 2 access to the junk forum.

Statistics: Posted by Kratt — Fri Mar 15, 2013 2:00 am

Re: Board Structure

2013-03-15T01:00:56+00:00

northcroft wrote:

nefton wrote:

I think the idea of the levels... Somewhat contrary to the very notion of a "forum". Structure to levels more logical to call the pyramid.

Bernie Madoff ran a ponzi scheme. A pyramid scheme is totally different, and I'll tell you how as soon as you send me $5, then you'll be able to recruit 20 people and tell them how, of which I'll get 10%. I wonder if anybody has thought of that -- a pyramid scheme selling pyramid schemes.

This is going to move this thread off topic so feel free to split it... Remember back in the day they used to have those programs that would pay people to watch advertisements while they surfed the web? They were so heavily botted they all went out of business.

Statistics: Posted by cantina — Fri Mar 15, 2013 1:00 am

Re: Board Structure

2013-03-15T00:45:59+00:00

nefton wrote:

I think the idea of the levels... Somewhat contrary to the very notion of a "forum". Structure to levels more logical to call the pyramid.

Statistics: Posted by northcroft — Fri Mar 15, 2013 12:45 am

Board Structure aka Ponzi/Pyramid Schemes

2013-03-15T00:38:17+00:00

Coffee4tw wrote:

tl;dr ... just kidding, but seriously I think this is overkill. All that would accomplish is killing traffic completely. Especially from people that post only very occasionally but are obviously experts in the field, e.g. Sam Ganzfried, Michael Johanson and Tysen Streib, just to name a few.

If someone is obviously an expert I think the community will recognize that special circumstances are justified. I mean, a guy I respect on this site just vouched for Sam Ganzfried, Michael Johanson and Tysen Streib.

Coffee4tw wrote:

northcroft wrote:

You could even delegate final veto | approval of level 4 access someone trustworthy like spears.

Coffee4tw wrote:

I liked that part. A vision of the great things yet to come back in July?

What can I say I'm just the best. Who knows if Indy would have even considered Spears for an admin post without my endorsement. not to brag but I think I had 20+ posts when I sent the original PM. Spears I don't want you to feel like you owe me so tell you what. Just send me a copy of all your source code and we will call it even. And please make sure to keep it clean. I don't care what your AI's win rate is that's no excuuse for skimping on the javadocs.

Statistics: Posted by northcroft — Fri Mar 15, 2013 12:38 am