skysight-inc/HackerNews huggingface dataset:
> “It’s surprising to see the number of bankruptcies in China is even lower than that in Netherlands or Belgium.”

This is amazing, how can a country so big as China, have less bankruptcies than a micro state as Belgium. Unbelievable.
I don't think I claimed that anything is a "guarantor of the future".

I am simply pointing out that networks are valued with reference to their size, not on whether their code base is unique.

Bitcoin and Facebook are two examples of this principle.
Aha! A typing error. One should set it to

-- -P-i

Note the -- option. This causes nroff to just pass the -P-i option straight through to groff.
The news media have posted stories predicting Bitcoin's collapse pretty much every month since 2012... but I'm glad that once again they're sharing some morsels of their expert insight with us peons on why Bitcoin is overvalued.
I thought it was pretty obvious I was being sarcastic. Anyone who thinks their todo app is as important as a multi billion dollar company employing about 125,000 people has serious mental issues.
It will happen before 2020, the question is when exactly it will hit. My money is on late 2018 or early 2019.

What to do before then? Don't have any money in US stocks. Diversify both geographically and sector-wise, cash out, be ready to invest when stocks crash through the floor, to ride the wave when they inevitably rise again. The real trick is spotting who's going to rise again and who's going to be left behind. Tech stocks are volatile by nature, invest in renewable energy and related sectors. We're going to need solar and wind power in the future, and batteries. Lots of batteries. Then, as we near battery saturation, there is going to be big money in recycling all those depleted batteries.
A lot of societies are extremely similar as they progress in stages to some kind of 'modernity' - defined as access to basic resources, education opportunities, scientific advancement and some degree of prosperity.

You can easily see this by comparing pre-technology societies from 1 to 1600AD and the structures are essentially feudal and quite similar.

Post colonial european society managed to proceed at a far faster rate by bringing far more people into opportunity and wealth than previously because you now needed many more people and new systems to manage this expansion than the existing feudal power structures. This kicked off a technology scientific revolution and itself caused far reaching fundamental internal structural changes in these societies.

That's 400 years of near constant wealth, science and change others have not had and who now exist in a weird middle ground with access to some of the consequences of modernism but not the wealth, culture and history that made it possible because that cannot be replicated unless you want to kick off a new wave of colonialism.
I think the bubble is the US dollar. Currently our debts are being serviced by issuing more debt!

Safe places IMO are deflationary assets (gold, and to a much more risky extent, bitcoin...I know this will start a flame war lol). Another option is foreign assets in countries that are not holding onto a lot of US debt.

I'm not an oracle, so I can't predict timing, although I do think it will happen relatively soon in the next 1-3 years.
I'm reminded of the US RSA export fiasco of the 90s. I unfortunately can't find the cool email signature I learned about the whole thing from, but its home on the internet now seems to be http://www.cypherspace.org/rsa/.

Perhaps someone should come up with a small <5-line snippet that explains some portion of how to defeat Widevine, and then everyone in Israel should, I don't know, configure every mail server they know of to autoinject the fragment into all outgoing mail, or something. And/or configure everyone's browsers to autoinject it into every modified multiline text input field (maybe).

Obviously it wouldn't be able to last. But it would be VERY good publicity. And the thing is, Widevine would constantly be being updated so the instructions would constantly break and need to be changed, so exact-string filtering wouldn't work ;)

So. I'll start, despite not living in Israel: both Chromium and Firefox will use PulseAudio if it's available, and fake soundcard drivers exist for Windows/macOS as well, so sound isn't really problem if you're prepared for an "export" process that takes as long as eg SpotAHEM tracks take to play.
It will not happen before 2020, this market could easily run for another decade.
On Ubuntu 14.04/amd64 I see:

$ cat /sys/kernel/mm/transparent_hugepage/enabled

[always] madvise never

I can also confirm that my Ubuntu 16.04.3 LTS (GNU/Linux 4.4.0-101-generic x86_64) droplet has the same setting.
Right but once you have a pool of 25-30 people, you're set ( for most activities).
Faster, yes, not exponentially faster. With a thousand times more scientists you don't improve the speed of discovery 1000x.
While the experienced worker might be useless for a company, with the unexperienced worker we know that he will be useless. The experience companys need is the kind of knowledge you can't learn at school, not even from hobby-projects. You need to learn it under the specific pressure of a workplace inside the general conditions of a company. Because the most important part for a company is not how good the worker is, but how much negative impact the worker has on the company. The unexperienced worker is someone who will drain worktime of other, for training and because of failures that happen. The experienced worker will drain much less, maybe even none, so he is less damaging for a company. And how smart or skilled someone might be, gaining this experience is only possible through time. So someone with less or no experience is also less valuable for a company, and more damaging.
> if they prosper the only thing we could do is making sure that customers can access more convenient offers elsewhere

Once they succeed, there isn't a viable "elsewhere" left.
Good luck with DO, the last time I checked they still shut down your instances as you hit sustained 300Mbps incoming traffic [0]. Could never work with a service that weak on the policy side. Also remember the disaster with surge [1].

[0]: https://www.digitalocean.com/community/questions/extra-bandw...

[1]: https://motherboard.vice.com/en_us/article/qkj35w/nra-compla...
Learn to prioritize, and value your time. You're not going to get much more done by working an extra 5 hours. Doing the same thing over and over again without getting tired is what computers are good at, humans have other skills.

So given limited time, you want to make sure you're spending it in way that produces the most:

1. Are you working on something actually worthwhile? This is a very personal decision, about your own values. More here: https://codewithoutrules.com/2017/08/07/do-something-useful/

2. Are you solving the right problem, or just a symptom?

3. Are you solving the problem the best way?

4. Are you doing repetitive work that can be automated, as sheraz notes?

In the end you can't scale yourself beyond a certain point, but you can increase your impact by focusing on the really important things. More here: https://codewithoutrules.com/2016/08/25/the-01x-programmer/
No, you suppose wrong. You should suppose we are social animals that collectively solve problems, and that calculus and topology are just side effects of that.
MongoDB vs. MySQL: Relationships, Sharding, Performance and Use Cases
And for those curious, here's the issue for bringing the feature back in the new debugger: https://github.com/devtools-html/debugger.html/issues/4750
Gold doesn't require a worldwide network of specialized computers to continue operating so it will continue to be useful.
It's a good question.

The consensus is that P/E is not a good valuation metric for high growth companies.

I would rather use comparable multiples, DCF or sum of the parts for this type of exercise.

The principle being that you will benefit from stock appreciation rather than dividend payout.

e.g.:

https://www.investors.com/how-to-invest/investors-corner/ign...

https://seekingalpha.com/article/4035706-p-e-ratio-good-metr...
I never believed bitcoin as a currency same way I don't believe gold or art as a currency.

But bitcoin for me is something like art or gold (scarce, durable) easily, securely transferable to anyone on the planet within less than a day without the need for any third party.

That's bound to be worth something.
OH, nice one. I knew the random hostname was part of the puzzle, but couldn't quite get that far. Thanks for the concise explanation :)
That doesn't mean Facebook is overvalued though. Just because it's value could disappear doesn't mean it has no value.
"It needlessly restricts your platform though"

Not necessarily. Casey discusses this issue well into his series, but it would be twenty or thirty hours in.

There are two general approaches to multiplatform.

Approach 1: the SDL way. Have an abstract system that represents a generic desktop environment (e.g. QT suite). Build your apps into that. The upside of this is that you can build once, run everywhere. Some downsides are that it will not necessarily feel like it fit into the ecosystem, and you need to learn an abstract platform. That platform may have license overhead. When they do version upgrades, you might not like what they do, but you are stuck with them.

Approach 2: native wrappers. Build your codebase in generic C/C++. Then write endpoints interface wrappers for each platform you deliver to. In this case, you could create a Windows codebase that #includes your game code, and calls into it from WinAPI. For linux, you can create a ncurses or GTK frontend, and then #include into the samre game codebase. Your product will feel like it was built for your target platform. Yes, you need to learn platform-specific ways of doing things. But once you have, your end-users get native feel. If you want to call a Windows voice API for the Windows version of your product, you can do it without depending on a vendor.

If you were building a forms application, Approach 2 would be painful. But if you are building a game, Approach 2 is viable. You probably need a single-window wrapper. It would need to have a menu system, to be able to display an image, and to be able to consume keystrokes and mouse events. I don't have much audio experience, but the little experience I have is that the moment you want to do something remotely sophisticated with audio (e.g. creating a music sequencer) you want to be working against native APIs. I would rather build something from first principles on a robust system API than debug bizarre threading behaviour in the SDL mixer library.
If you're so sure you could make guaranteed money by selling put options expiring in 2020. Or are you not so sure...?
Did you know that DigitalOcean provides "High CPU" droplets?
Mercedes-Benz conducting the biggest test using drones to ship everyday items
I up-vote everything I think people should see (often controversial/unpopular opinions I agree with), and down-vote everything else (giving my up-votes more weight).

I would like the ability to invest in comments I find particularly important (i.e., spend 100 karma), and reap the benefits if it ends up being useful to those who would otherwise not have seen it.
The internet needs a worldwide network of specialised computers to continue operating. I bet it won't be very useful anymore once we turn those off.
Money is traditionally backed by something though right? Isn't a currency a bunch of tokens with an army? Where's the Bitcoin army when I need them to enforce my contacts?
Does anyone know of any low-cost, Euro-priced market ETFs for divesting from the USD? I guess this might fit the bill:

https://www.vanguard.ch/privateinvestors/indv/loadPDF?countr...
Hmmmm.

Google has ~7ms response time for me though. Even my ISP's nameservers are slower than that :( the average everywhere else is 200ms (yup).

My internet is slow enough that this makes it a tiny bit more annoying.

But you make a very valid point, and... sigh convenience is such an hacked catalyst nowadays :(
I think that was the point he was trying to make. Without major support of such institutions / individuals, bitcoin won't catch on as a "real" currency.
> The article is clearly written by someone who has a vested interest in the incumbents.

How is that clear? Have you researched this author and established that they have ties to competitors, or are you just flinging poo with no justification at all?

> Uber burns cash like pretty much any funded startup

See the title of the article: Big tech is built on predatory pricing
What is the P/E ratio of the dollar? That’s how stupid this article is
You should use the manage-bde cli tool, or the bitlocker GUI, to remove the TPM protector and replace it with a passphrase. You’ll need to set one of the group policy options to enable using a passphrase.
The graphics implementation was always inferior, just a basic framebuffer, which could never compare to the hand tuned assembler speed of Aqua. That made everything feel slower, but Linux was as fast for everything else.
Perl 6: Like any other new fun language (elixir etc etc..), lots of innovation happening.

Perl 5: Still rules if you want a unixy language.
Can add to that, I worked for a few months in a small mobile ad network and the throughput of that was insane for the size of the company. Also a shitshow of a company on many levels.
Not mentioned in the article but the winner of this test had an apartment above his store conveniently rented to...you'll never guess...

I don't have a cat anymore so I don't really miss reading newspapers.
People use the Internet for a lot more than speculation.

What do people use BTC for other than speculation?
Come on, you even missed "red herring!"
He draws interesting lessons from his life that you don’t hear all the time from famous people. One example is the ultimate priority of family responsibilities over money, skills, work, etc. He comes out strongly against divorce due to the lifelong effect on kids (which I think undercuts his point that his own father loved his children more than anything—he may have never missed a bedtime kiss, but he still let his kid be put in that horrific position at the courthouse).

Secondly, his admission that he did not see the light or get rehabilitated in prison but found purpose in family and work afterward is worthy of highlighting given the mandate for US politicians to be tough on crime.
What if everyone could see who down voted each comment. Make things super transparent.
Don’t forget how raising taxes in 90s wiped out all deficits and large chunk of debt in early 2000’. The worry back then was then how US would lose leverage in the world if all its debts were gone.

Not saying that current level of debt is any good, there are just multiple levels to that story.
A whole lot of the world's gold is held by governments. For BTC to reach similar valuations, it would need governments to buy it. Why would they?
Bubble or not, one obvious difference with cryptocurrencies is, it is not limited to a geography or a country. I hesitate to use the term “insurance” but the risk is spread across the globe. That plus the freedom to get into it (and leave) anytime makes it unique in a way.
Which is why a mockup isn't made with that precision.

It's only supposed to help you envision the final product, no more no less.
You are deflecting to a problem of definition ;)

Yes, you have the same amount but no it doesn't purchase as much as it did one year ago. Units of accounting only make sense within a context of other units of account.

A dollar by itself is just a piece of paper if you cannot buy an amount of wheat, water or square meters with it.

And by that measure the dollar is losing value vs a bitcoin.
A bubble in slow motion, someone called the present economic environment. I think it's an apt description. Extreme "quantitative easing" (I refuse to take fed speak seriously) has only taken effect very, very slowly. Why? Because all it really was was recapitalizing banks which had enormous gaping holes on their balance sheets after 2008. They have been able to fill the tanks now, getting money hot off the presses for a song for a decade, and finally it has started to trickle into "the real economy" and actually lead to commercial and industrial growth.

Another dampening factor has been the regulations introduced after 2008 like S̶a̶r̶b̶a̶n̶e̶s̶-̶O̶x̶l̶e̶y̶ Dodd-Frank, the moratorium on IPOs has definitely helped to slow things down.

Now things are moving again, trouble is, history has shown time and time again that monetary policy is a ketchup bottle, once it starts having effect it is already too late to moderate it. That's why we have bubbles - suddenly there is too much money slushing around chasing finite resources, markets become crazy and regulators have to slam the brakes hard (in combination with banks predictably finding ways to overleverage, legally or not). Which leads to my prediction: Markets are still not crazy enough. Crazy, but not enough to look like the part where it all blows up. So I am betting on at least six months more of "growth" (i.e. inflation) before the inevitable crash.
Millions of insecure gadgets exposed in European cities: report
He probably wouldn't win.
It runs flawlessly on my cheap Nexus 5X. It's pretty low-poly, but I like the look.
Quite curious, I'm running Ubuntu 16.04.3 LTS (4.11.0-14-generic x86_64) and have "madvise".
Types of friends Reacting when you ask them how you look
people often seem to forget that mining the stuff that makes the batteries is still a thing. That's a whole different ballgame, and however you want to look at: it's finite. Couple the fact that the raw materials often come from less-than-stable geographical regions, it might become Oil 2.0 (with similar wars fought over it).
The end of hot metal printing (2015)
Oh, but the naysayers in the media who have predicted bitcoin's collapse every month for years and have been wrong every time are of course given a free pass and are allowed to say "this time it's different" once again.
Ask HN: How to invest in Blockchain and not in Bitcoin
I can easily buy BTC. But i want to know what are the best methods to invest in blockchain?

Eg. Companies or stocks, ..

Edit: Seeing the responses: Blockchain =/= crypto currency. Blockchain is the tech behind it, which is getting adopted in the enterprise and governement. Crypto's are not.
The companies that make movies certainly care about people "stealing movies". Netflix, in turn, cares because they have to negotiate with those companies.

Should the W3C, in turn, care about keeping Netflix happy? That seems like the relevant question to me.
A Tough Life of an E-Commerce CEO and Tips to Make It Happier [Infographic]
Gold only requires worldwide network of traders and physically secure holding places and general sense of security so it can change hands.
Those mostly are slow user connections. Most of the direct user connections to our backends performed using slow mobile connectivity so request taking 4 seconds considered normal and that exhausts connection limit.

Ended up serving most of the traffic from n1-standard-16 or lower.
Free portfolio builder with robo-advisor
The next market recession will happen the same as the previous ones: some lucky people will predict it, most won't, and everyone will in hindsight declare how obvious the signs were.

The best strategy is still to diversify your investments, keep enough emergency assets to ride the wave, and not worry about it.
Not sure about everyone else, but I use it for international transactions. It saves me on the conversion rates and whatever banking issues.
Raising taxes didn't do it. It was the horrendous hype generated by the dot com bubble. Having a net surplus was just a blip on the radar which quickly became unattainable as soon as the resulting crash.
So? You just repeated what I said. My original comment was debunking the Bloomberg article.

When you hold 1 Stock, at the end of the year you get a dividend. You divide the dividend by the stock to get the P/E ratio.

That's not the same with USD or BTC. Its value fluctuates but it generates no income on its own.
Global crypto-currency crackdown sparks search for safe havens
Siemens, Airbus, Rolls-Royce team up on hybrid-electric propulsion
Flutter 2009: https://www.youtube.com/watch?v=BeLZCy-_m3s
Why will it happen before 2020?
We got nothing out of it but experience :P
The world where you fully owned a thing after buying it is over. Whether we like it or not, all businesses are working on deploying this new model.
Wikitribune, Jimmy Wales news project is now online
I thought because E is reinvested in a high growth company (Amazon in this case) your potential E is actually multiplied by that reinvestment.
Yeah I was really surprised how beautiful it is on my phone. Meanwhile my old i7 laptop barely gets 15fps...
Show HN: AppDrag – CMS and Backend in the Cloud
All that's required to to exchange gold is one person that has gold and another person who wants gold and has something the first wants to trade for it.
Junior designer isn't at fault, and shouldn't know that you can't just lift random photos off the internet for commercial use? Please. Of course their boss is at fault too, but the person who actually did Bad Thing is - at a minimum - 50.1% responsible.
That was my point, each one has a different OS scenario depending where in the world we live on, the policies at workplace and customer sites.
You forgot the sentence before:

> “The­ government should allow zombie companies to default or go bankrupt,”

This probably means that in China, they just let the company "rot" in zombie state instead of letting it go bankrupt.

In Belgium, a company needs to submit paperwork regularly, and if this doesn't happen, afaik, the company can be declared bankrupt by the government.

Belgium has a large numbers of companies per capita. Our tax system nudges us to create companies for employment and investments, because of the high personal taxes. This skews the comparison.
Both are pretty bad.

Gold mining is mostly strip mining tons of ore, spraying it with cyanide, collecting the runoff, and refining that. Then you pack up and leave before someone makes you clean up.
You can tilt the camera by scrolling on your mouse.
Nobody thinks of BTC in BTC terms. They think of it in USD terms, and right now the notional amount of BTC is higher than the amount of USD that will be available to meet it in the event of a very sharp correction.

At least, that's my view. We'll see if there's a flight to liquidity when the bubble in Bitcoin's price finally pops.
Interesting, I missed this announcement. This is definitely a step in the right direction to competing for CPU bound workloads. "Achieve up to 4x more CPU performance on High CPU vs Standard Droplets." I guess we can take this to mean that standard droplets virtual CPUs are contended at 4:1 - I would of thought it be higher.
He, and his wife, were executed so they don't talk. It was not the will of the people, but rather the ones surrounding him in the former regime, who subsequently took the power. Romania, I believe, is the only ex-communist country where the former ruler was executed.
Bitcoin passes 10,000 USD
And the guy who runs tether is the chair of the bitcoin foundation. That position may be cursed.
Interesting. I'm running Debian unstable, and recently my system would sometimes lock up under heavy memory pressure. I'm using VirtualBox, which has its own kernel module, so I can't be sure Linux itself is to blame, but the timing seems to coincide with when I switched to that kernel version. Maybe transparent hugepages uncovered a VirtualBox bug or even a kernel bug. And I care about worst case performance more than average performance, so I just now set it to "never".