skysight-inc/HackerNews huggingface dataset:
It really is entirely psychological. Based on the two main theories of stock investing: fundamental value and castles-in-the-air speculation, with Bitcoins, it's hard to gauge its real value as it may be argued that it doesn't actually have one. Being an asset that does not produce any profit, it's hard to put a number against it. So therefore the price is driven by demand and by what the mass wants it to be worth and by what it hopes to be worth in the future.

Speculators coming in the Bitcoin ecosystem now are willing to spend a lot of money on it because they know that there will be someone else that is willing to spend even more money on it. It's all driven by mass psychology, exactly like many of the previous bubbles in the history of stock markets: tulip bulb craze, dotcom shares, Japanese land value and so on.

The only thing is... it's very hard to predict the randomness of mass psychology. Everybody wants to get rich.. and everybody wants the price to go up and up... but when they start to sell in order to cash in, the price will drop and if a lot of people do it at the same time, panic will set in and then it will crash seriously. You may argue that the whole thing behaves a bit like a ponzi scheme (with the main difference that there is actually something happening underneath the whole speculation-investing-money aspect, which is, IMHO, the very elegant blockchain technology)
All these threads and articles are the same, there's no new information just a new price.

I like to follow a long with the Cryptocurrency, I've got a couple million in Bitcoin right now, and I'm hoping for a big 'crash' to weed out the Wallstreet types and focus again ons some good old-fashioned development.

It's hard to experiment when there's billions riding on it and I feel that we're not done experimenting yet.

Anybody else remember the good old 2011 days of a small community and enthousiasts? I miss those days.
Sounds like the "novelty" might be that it speaks S3 on the backend.
Percentage changes are a scaling factor against the previous number. 1-(new/old) is how it should be calculated. So even though they are comparing two percentages, they can't directly subtract them (new - old). Percentages describe _relative_ change.
I mod a community around anonymity and have to explain exactly this at least once a month. There is no reasonable way we could trust such a software for anything related to privacy, anonymity or free speech.
As an aside, how are software engineer salaries in Japan?
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My understanding - and I could be utterly wrong about this - is that the reverse is true. Bubbles generally don't have non-stop headlines stating that they are in a bubble, which is what contributes to the run-up.

If anything, headlines declaring Bitcoin a bubble should have a negative affect on valuations as it puts man-on-the-street buyers off withdrawing savings or equity to buy it.
It was a bubble at 1000$ and it did burst (to some degree).
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Macro-economist here.

I can’t wait for this bubble to burst so some non-noxious (inflationistic, fractional-reserve-banking enabling) second- or third-generation cryptocurrency to supplant it and harness the blockchain in a less naive manner.

• Something I wrote about the macroeconomic flaws of bitcoin (posted previously, zero comments): https://medium.com/@jamesjunghanns/my-0-00000173120-btc-a-pr...

• An analysis of the rising amplitude and quickening frequency of oscillations in valuation, leading to a projection of peak value and crash time: https://mynabla.com/2017/11/30/bubble-trouble-exploring-an-l...

• A financially dignified and macroeconomically sophisticated proposed cryptocurrency (not affiliated): http://www.getbasecoin.com/
> "it should raise alarm bells that financial literacy is so low..."

This. Even though I'm a bitcoin proponent, I get very concerned when I hear acquaintances talking about investing in Bitcoin while not being aware of much safer diversified investments like Vanguard index funds.
No, I am not talking about costs at all. First of all, I don't see how complex business logic requires generics. I have written complex business applications and not required them. I really have no idea why you would "need" them.

And also for the Go developers, it is not about "cost". They have no idea how they could implement generics without fundamentally changing the Go language to something different than what it was about before. They are working on concepts, but nothing resulted what would be a candidate for implementation.
I don’t believe a monkey can.

I also don’t believe a human can, because we look at that nice doctor who is offering sincere advice and think “they have my best interests at heart”. We certainly don’t make rational judgments of probability, because if we as a species could do that, lotteries would not exist.
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They took money now are in debt and now need to make their investors happy. The same way every good idea died.
Hardcore History for those long drives.
The least you can do is NOT make jokes of those who keep those organizations going.
Currently trying to capture robot-controlled ships to replace my human-crewed ships, to bring down my expenditure on crew salaries.

If I might digress for a minute, Endless Sky inherits Escape Velocity's very 20th-century American approach to economics and labour. The primary money-making activities are commodities arbitrage and freelance gigs (cargo and passenger transport). Crews are paid a fixed rate and can be sent to their deaths in a boarding party without mutinous consequences. There is no concept of anyone's welfare besides the player-captain.

Where's the fully automated luxury gay space communism? It suffers from a slight lack of imagination.
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I do not claim to understand the value creating mechanisms of a cryptocurrency vs. a "traditional" currency.

But without a central trust, the thing that guarantee the value of bitcoin is the network effect, right ?

In that case the usage may show the characteristics of a MMO or a social network.
Of course, if they knew this was still early stage technology that does not even work as it is meant to be working and that a bunch of new developments are research level discoveries that take years to finetune, they would never put in that much money.

Bitcoin being the oldest, 2 years ago had some serious implementation troubles, today it shows scaling issues due to popularity rise. All other coins have identical issues that aren't visible because they aren't popular.
I have to disagree with the high-paying work statement.

I moved from Melbourne to the USA because I hit a salary ceiling. Just over 100k AUD is not that much compared to west coast salaries.
It depends on what do you mean by "widely understood". People that deal with numbers know the difference, but other can just read Wikipedia, see https://en.wikipedia.org/wiki/Percentage_point

It may be similar to people not feeling the difference between causation and correlation.
> Existing investors are making profit through financial transactions

Is this true? Are people exchanging bitcoin for anything other than fiat currency? (Outside of a few marginal use cases, are people actually bartering with bitcoin in real trade?)
I thought we were talking about shareholders, not speculators.

Your premise of "the only way economics make sense is if you assume that everything is valued at its real value at any time -- not just when it changes hands" is absurd on its face; one only need look back nine or ten years for confirmation of this. If what you say were true, Bear Stearns would still exist, and you would have to claim that those real estate hedge funds were at their "real value" both in 2006 and in 2007 even though the latter was pennies on the dollar. Is it any comfort to say, "well, that stock collapsed but I at least I bought it at its 'real value' that it had up until yesterday?"

Unless your point is that economics cannot possibly make any sense, I suppose.
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hell no, if generics get into go I'll have to find another favorite language.
I think you've inverted the intent of that point. You ask "Why on earth would anyone expect otherwise?" This expectation appears to be the core of Patreon's marketing.

"Patreon had all these great selling points and stats. I could get “meaningful revenue” from my fans, and finally find the “creative freedom” I’d heard so much about. Patreon’s about page said creator’s incomes “doubled annually.” Their blog has story after story after story of their users making thousands a month. Of course I was grateful for everyone who contributed to mine, but none of the site’s promises were coming true." ... "It’s easy to feel like the failure of my Patreon is entirely on me. It’s an anxiety most artists feel acutely: Am I actually any good? This paranoia is bolstered by the presence of wildly successful creators on the site, and there is a nascent market for Patreon advice in the way that Kickstarter birthed an industry of professional crowdfunding consultants."

Regarding the rest of your comment, you mentioned the goal was "so that its members are more equal".

As an example of how that might work in Patreon, consider the recent change in fee payment, which ended up taking a bigger cut of small donations while reducing the cut on big donations. Since most people have only small donors, and only the elites have significant numbers of big donors, this disproportionately affects those making less money from Patreon.

While if they had reduced the cut from small donations and increased that from large donations, then the result would have lead to more equals (meaning, less dissimilar) incomes.

It would still mean that "the elite lives much better than the average subject. (This is not even a controversial point.)"

As you say, "we have an entire century of communism and socialism to draw conclusions from." That experience (which is not limited to just communism and socialism) includes a progressive tax rate, where those elites pay more because they are more able to pay.

Under the analogy you are using, Patreon is changing their tax system to be more regressive. Have you drawn the conclusion that more regressive taxes are better for a country?
The pops before then ($30, $266) were much steeper in percent

Fyi
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> I've got a couple million in Bitcoin right now

Something about this makes me intrinsically dislike you, and I can't for the life of me figure out what the reason is.

(kidding! "Health to enjoy it!" as my father-in-law would say.)
Do we really need to hear about Bitcoin's price changing multiple times every day?
Bitcoin's investor hunger is destroying the planet
Why would bitcoin mempool be oversaturated year after year at Christmas time if not for the people buying stuff?
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Tried my consensus library in go, and it is now 5% faster AGAIN. I like such magic. ;)

What I am really looking forward to is the NUMA awareness in the runtime. Most servers are now NUMA machines, in fact AMD Threadripper is NUMA and it costs a few hundred $ only.
> "wait till you see what 2018 has in store for cryptos."

The ability to short might actually bring some stablity to the price (as shorters will produce sell orders when they think others are mistakenly buying too much, and will likewise produce buy orders on the falls).
Is it possible for a regular human to even buy four 2nd gen Google TPUs?
The market price is pointless to look at, it's driven by people/groups with no understanding or interest in the technology, who are just looking for easy money.

Bitcoin, Ethereum, Monero and others are absolutely incredible pieces of tech. E.g. the EVM is essentially a new paradigm in computing which has never been seen before.

To draw a parallel in history, would you rather have been an investor in Apple when the iPod was launched, or on the engineering team that built the iPod itself?

We can spend all our time discussing the price and gambling on the perception of value OR we can actually get our heads down and build something completely new and cutting edge. I know what I prefer to do.
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If he owns a house which is worth at least 5.5M USD then he's more than a millionaire; at least a multimillionaire.

Just to put it in perspective: 6k USD is 0,6% of 1M USD. If I got a savings of 10k USD, and I donate 0,6% of that to EFF during Christmas, then we're talking about 60 USD while I keep 9940 USD or 99,4%.

Even that doesn't tell us much though because your networth isn't descriptive to your income. If you own 0,5M but you don't have income that's something different than owning 0,5k but having 2k to spend every month.
Can you grow a bitcoin in your garden?
They work on it. The main problem is simply that Mozilla fucked up the transition from legacy addons to the new system. There are so many APIs and functionallity still missing, that most commercial companys would have been killed over it. But with OpenSource this has become kind of normal to accept it. Just Remember KDE 3 -> 4. Python 2 -> 3. Gnome 1 -> 2 -> 3. Breaking things is just to common now.
I tried it after the latest update and the game is still very very shallow and repetitive and still nowhere near what it promised to be from pre-release interviews. Sure, it technically has all the features on paper, but they're (in my opinion, at least) incredibly shallow and dull.

Lots (and lots and lots) of breadth and no depth.
No one promised anything.
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What a surprise to see my teacher's home page on HN. Also, totally no surprise that he gets limelight not for his CS stuff but bookbinding :D
> So it might be a good idea to look at TODO/GTD/Calendar apps for improving the stats quo. Not just filing vs. on-screen, but different levels of priorities.

You just changed zero-work instantly available all the time visible todo list into something that requires effort.

> For long-time storage, there's bookmarks.

Bookmarks are for things you are likely to remember later. Tabs are for things one is unlikely to remember later. Things you did not knew exist or cared, but now there is article on dzone you wanna get idea about.
Does caddy still stop the server if it can't access Let's Encrypt service even though certificate is valid?
I'm guessing it is not in the japanese culture to accept donations?
Maybe you could elaborate with why you feel this way?
Damn straight. We should by all means avoid putting people with disabilities in "special housing", which just ends up feeling like isolation from everyday life.

Of course, some disabilities are serious enough (or present danger to the person or their surroundings) that special housing and resources are needed. But for someone in a wheelchair or something similar? Just make the damn changes so they can live closer to their friends.
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Because if someone says they want your facebook/line/whatever to talk to you, you become a bit of an outcast when you say that you only use secure messaging apps like Signal. People here might be willing to put up with those discussions, but most people don't.

Furthermore, I have huge doubts whenever any US-based company says it's "secure". It's easy to say that. Even on their security page[1], they don't give a clear, straight "yes" to the "is it private?" question. Ask a farmer if his beef comes from real cows and he'll say "yes." Ask a company that makes secure apps if they read your messages, and they say "we use various encryption techniques to prevent unwanted man in the middle attacks and our specific organization name won't read your messages." So sure, they're safe from unwanted attacks and they won't personally read your messages. Governments, well, we won't reference the clear suspect of this question because you know why.

https://support.signal.org/hc/en-us/articles/212477768-Is-it...
That's awesome. In many cases it's just a little thing, but it makes such a huge difference.
Anyone can translate these?
Any body knows if that google_transit.zip is somewhere available for other towns?
The same way you short stock. You borrow a bitcoin, promise to give it back, sell the bitcoin for its current price. At a later time you buy a new bitcoin and give it back. If the price dropped you turn a profit, if the price rose you'll have lost money.
I understand. Thanks. I was assuming things!
It is unlikely that you will get quality food in a totalitarian country's prison.
Same here. For everyone that does this, I hereby recommend FireTitle (currently Crappy FireTitle) which lets you label windows with specific names and maintains them labelled across restarts. It immensely helps navigate the myriad of windows that (at least in my case) you end up with.

A must in my workflow.

https://addons.mozilla.org/en-US/firefox/addon/crappy-fireti...

I've tried many, many add-ons and this is the only one that is simple and at the same time the most effective at keeping my windows tidy and helping me choose between them at a glance.
Not to dump on the libertarian dreams of Bitcoin - but isn't a massive popping bubble the expected response to a naturally deflationary, non-government-controlled currency?

I have to assume that for any cryptocurrency to become practically useable for trade it would need to be government-backed for price stability (and to keep the proceeds from heroin and arms sales from running it up to $17k USD).
A friend who is freelance translator sponsored herself when renewing her work visa (previously she was a colleague of mine and our company sponsored her at that time, but since becoming freelance she's not employed by anybody but herself). She just had to produce proofs for each the recurrent contracts she's got so she can show that she's earning enough money. So yes, sponsoring yourself is possible, but it requires a lot of paperwork to prove you have the mean to live in the country.

I don't know how much difficult it is start your own business in Japan, for this Patrick is clearly the most knowledgeable person here, but once it's done, you just need to give yourself a salary to be able to renew your visa.
No, it's impossible for the moment to deliver reliable keybinding-extensions. Firefox has no API for it, so all solutions need to work by injecting a script into each website, and grap keys from this context. And that simply sucks and leads to many problems. They are supposed to work on a solutions, but it likely still needs 6+ months.

Besides that, vimium works well enough under perfect conditions, and is quite mature as it is a port from Chrome. Tridactyl is also promising replacement for Vimperator, but still needs time to grow, because they just started some weeks ago.
But Go has not existed for 42 years. Fitting any of those models on Go is exactly what should be avoided unless one of those models magically was a perfect fit for Go which came out just a few years ago.
> I've got a couple million in Bitcoin right now

Jesus, I started mining back in 2011 - got bored. Did it again in 2013 and nearly bought a few. Got everything set up, then just never did it.

But I'd have probably sold up way before now.

Congrats!
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> Macro-economist here.

Oh gosh thanks for the input, now we finally know what is going to happen with bitcoin. /s
I guess it is fair to assume that the bitcoin has become a extra-money sponge that absorbs the extra money floating in the market right now. When there will be less and less
"free or cheap money floating" people want to get their money back from the investments they made and this is the exact point where the burst occurs. It would be no problem if the decrease is happening at the same speed as the one of the initial increase, but due to human emotion, the decrease is happening orders of magnitude faster than the increase. At that point, the money will magically disappear.

It's a natural process that balances the value of the money available in the market.

One interesting point to note here is that the value of the entire bitcoin monetary mass is about 0.25 trillion dollars. That's something like 1% of the whole US national debt.
just trying out what seems to be possible

This done a) to increase knowledge and b) because that knowledge might eventually help humans.(just like you have in your life used multiple medical solutions which originated in animal research). Now you can argue that you don't care about this, which is your good right, but making it sound like they do it just for the sake of it is factually wrong.

Who gives them the right to destroy the brain of an ape for dubious activities.

It's a monkey, and 'destroy' is such an exaggeration it makes me think you don't actually know the hardware used for these experiments work. These electrode tips are in the micrometer scale and while I don't know the exact amount of neurons actually damaged it is a fraction of te total amount in that given region of the brain.
Combined with tree style tabs this is very useful. Tree style tabs provide organisation nearly without you having to do anything special. But sometimes for a deep dive shopping session or researching something across many sites, I open a new window. I don't keep them around though, I like my Emacs window and my Firefox one be one alt tab apart most of the time. I'm so used to it in fact that when there's a third window I feel partially impaired. Also, when sth is in an other window that I don't frequent (say in a different workspace) I tend to forget about it. I restart my computer and my two pillar apps infrequently, so it's possible that such windows remain unseen for weeks. But tree style tabs combined with vimium-ff allows me to use a single window most of the time, except temporary tasks that will require me to open and close numerous tabs in a short period of time.
While Letsencrypt is doing a good thing, but what if it will stop issuing free certificates?
What's up with the hidden $857 "Labor/Shipping/Handling" charge? It seems a little out of place given that you guys already seem to be charging huge premiums on all the hardware.

This all seems really expensive compared to the local PC shops that seem to offer most of the components for less, while only charging ~100 euros for assembly and testing.

Do you guys have some really fancy cooling solution that you forgot to mention on the site?