skysight-inc/HackerNews huggingface dataset:
The exchange is not the market maker (it can be, but not always.)

If Coinbase is making the market prices by leaving large limit orders at certain prices, and Coinbase limit runs out, then the price moves past their limit. It's as simple as that.

Nobody can place limit orders with money they don't have (I understand there is a "margin trading" option, but I don't have that enabled on my account and I'm uncertain how many accounts on GDAX do have that feature.)

If Bitcoin price goes up, that just means that the supply of Bitcoin at a lower price point has evaporated.

Coinbase is not buying and selling coins (let's assume, but also assume that if they are buying and selling, they play by the same rules as everyone else. No imaginary wallets.)

The exchange are just playing matchmaker so that Market Order X that crosses Limit Orders Y, Z, P, Q, R... that intersect, are all matched and executed together. Then, GDAX can collect a fee from the person who placed the Market order, and GDAX Limit orders are fee-free. Coinbase-proper is 100% market orders with a slightly larger fee, so they can clean up even more on each transaction there, because Coinbase still does not need to sell some of their own currency for each buy; they are just the matchmaker.

Coinbase and GDAX are the same company. If Coinbase needs some of GDAX's liquidity so that it can match Coinbase customers with GDAX's limit orders, they can do that opaquely. The customers do not need to know where their cryptocurrency came from exactly.

If all of the liquidity on GDAX dries up, then there will be a problem (but still, the problem/opportunity is not Coinbase's problem, it is the whole market that comes grinding to a halt until someone opens up some more liquidity at a particular price point.)
I command-F searched for GopherJS, looking for the obvious question -- how is this different? -- but found nothing besides crediting it as “inspiration”.

So, how is this different?

EDIT: asked in the Golang slack. Will update when I find out the answer.
Today I went to one bank to transfer 60k from one account to an account in a different bank. I paid 7.50$ to get a certified check from Bank A. Went to the Bank B near my house to deposit it there. Unfortunately the branch near my house isn't where my account is. They tried faxing a photocopy of my certified check to the other branch but the line was busy. They're going to continue trying until 3pm today when they close. After 2 hours I see the funds are in my account but I'm not allowed to access it because I'm limited to only 2000$ per day. They didn't call me as per instruction once the funds were in my account.

During that same time I transferred 15k$ from one crypto-wallet to another. It took 10 minutes all told.

Sure there are lots of people who are buying crypto because they think they'll make loads of money but a significant portion of us are in it because we dislike the infantilizing ways the current banks hold us hostage.
> Uber isn't publicly traded, so its stock price couldn't have "started crashing"

"Crashing" is a function of value, not registration status. For example, CDOs "crashed" in the crisis [1].

> Large investors aren't able to sell because they hold their shares in LLCs

With all due respect, this is wrong. Selling SPVs (or stakes therein) containing the shares of a single company is a common institutional tactic.

[1] https://www.bloomberg.com/news/articles/2016-06-14/goldman-s...

Disclaimer: I am not a lawyer. This is not legal nor tax advice.
Race is an incredibly sensitive topic in America. The best analogy I can come up with for the author's statement is this:

You're looking to pick the fastest runners out of a group of people. You run an optimization algorithm to pick out the fastest in that group. Nothing about this optimization accounts for the fact that 1/3 of the people in the group have been being shot in the foot with a gun prior to your optimization. The data will show that they are poor runners without addressing the crime previously committed. In fact, many people would consider it a second act of crime.
Wow. There are actually laws in place that say the rich are able to do things that poor people can't.

This has been discussed many times on HN. The purpose of the law isn't to prevent "poor people" from doing anything. The purpose of the law is to prevent companies from making unregistered sales of stock to people who aren't (1) saavy enough to evaluate the risks of their investment or (2) wealthy enough to survive a financial loss if the investment does not bear fruit.

In a nutshell, the law requires companies wishing to sell to the general public to register with the SEC and meet certain financial disclosure requirements, such as disclosing financials using standardized accounting practices, so that the people buying their stock can judge the financial condition of the company they're investing in.

Startups choose not to register or adhere to these disclosure requirements so they can peddle their BS financial "metrics" to investors using magical unicorn fairy dust bookkeeping.

But to address the direct issue: there are few, if any, Uber stockholders who hold 10,000 shares of the company but would somehow not qualify as an accredited investor. The tender offer isn't intended for small stockholders with de minimis ownership, it's intended for stockholders with enough stock to represent significant fractions of the ownership of Uber.
I think there's a more nefarious reason. Some guys with deep pockets buying just to increase the price. I want to call it pump and dump, but same happened to bitcoin and it's still afloat.
They forked: https://github.com/Shopify/turbograft to add partial page replacements. It was slated to be merged in TurboLinks 3 but that canned in favour of version 5.

Their new Polaris components are using React though: https://github.com/shopify/polaris
I'm rationally delaying my irrationality. Helped by platform registration bottlenecks
Canned Air: It'll Blow You Away
It is as rational as playing roulette. Most of people buying at this point probably can't articulate what they are buying, just that it's probably going to be be worth more money soon. I had to sell my BTC on Sunday, I am waiting to get back in when the exuberance flips around and everyone says it's dead.
Interesting questions. Also interesting antenna design. Are the sawtooth-like gaps some kind of filter?
I don't understand what the point of having two adjacent lemonades is.
Before this latest gain, Korean exchanges were consistently priced 5-10% higher than all others. Now it's reversed. I don't think it signals anything.
Named "Useless Ethereum Token", with the strapline "seriously, don't buy these tokens", raised $187k worth of ETH. https://uetoken.com/
Pink Lexical Slime: The Dark Side of Autocorrect
The head office, not the teams. And almost all of the income comes in via the teams.
Can't tell if you're trolling or not... ;p
Part of this though is because software was historically built for windows in a way that it isn't anymore. Even at tech companies, where the majority of employees are using macbooks, you'll often see people in the finance department using windows machines.

I imagine as the growth of SaaS continues we will see less of this, especially because it's much easier for the IT department to manage one type of computer where macs tend to have a higher build quality than most windows based machines.
Huh. Not in the US, but I get 7 years, which is pretty normal around here.
I implemented this on an invoicing app I make. The app also lets users create "estimates", "quotes", "proposals" and other documents which I do not use it on.

The reason I did this is because over the first decade after creating the app the users of the app kept telling me that clients would tell them "I didn't receive the email".

I've had clients do that to me as well, even before I made the app. One of them was a contractor for the U.S. federal government who owed me over $20k and was most certainly going to screw me. In that case, after sending the invoice with the US Postal service three times I sent it the forth time with a "Return Receipt" required. Even that didn't get my check in the mail from them because they lied again about receiving it until I informed them I had a signature saying they did get it.

Still, the only reason they paid me is because I shut down web based "Real Time Traffic Conditions Map" I'd created for the project a few days before their public debut of the app and refused to turn it back on until the check was in my hands.

I don't really consider this an invasion of privacy. All it is telling my users is rather or not their customers and clients opened the emailed invoice and it's little different than the "Return Receipt" service offered by the US Postal Service.

FWIW, it works with Gmail too.
Imo at least Uber offers RSUs where your "$200k in equity" is actually $200k in equity if/when they do exit.

"200k in equity in option strike value for a very late stage startup is very unlikely to be ever be worth $200k even if an exit event happens.

I suppose that there are many different ways to be evil in this game, and we're just arguing which tactic is worse.
Bitcoin's last 9 months have been pretty insane.
I dont understand this. if they're worthless & you can't sell, why do you pay tax as if the stock is worth $90?

Edit: Can someone point me to IRS docs? or blog explaining?
> SEC considers it self to have jurisdiction over the transactions that grown-up individuals do.

The SEC considers itself to have such authority because the laws passed by Congress explicitly give it that authority. If you have a problem with that authority existing in the SEC, your complaint should be directed at Congress, not the SEC’s factually accurate belief in the existence of its legal authority.
That works, so long as you've refactored your infra to the point that the computational resources (whether server nodes or hard disks or or database shards) are modular enough that you can just add more stuff and it will play nice with everything else. That objective -- not a cute UI that lets you change one of the numbers -- is the hard part.

And yes, it is to Coinbase's discredit that they haven't done so, but (assuming you're not joking), they could very well not be at that stage. It's typical for startups to have technical debt like that.
Huh - that is nonsense. They hold the exact amount of USD that their customers have deposited. They are custodians - not fractional reserve banks.
At times I feel a lot like Prince Valium when reading about all the crypto-currency hubbub.
I believe the parent is referring to buy back event. In India, Flipkart has done that a few times delivering a handsome cash windfall to it's employees.
> Being able to sell shares would imply it's a public company, not a private one, right?

"Public" means your shares are registered [1]. "Private" usually means shares offered under Rule 506 of Reg D [2]. Public and private shares can be bought and sold. The processes, and their respective ease and restrictions, vary.

Palantir [3] and Airbnb [4], for example, recently bought back their employees' shares.

[1] https://www.sec.gov/fast-answers/answersregis33htm.html

[2] https://www.sec.gov/fast-answers/answers-rule506htm.html

[3] https://www.nytimes.com/2016/06/29/business/dealbook/palanti...

[4] https://www.nytimes.com/2016/08/12/technology/airbnb-and-oth...

Disclaimer: I am not a lawyer. This is neither legal nor investment advice.
I still suspect they could get 90% of the performance at half the price by recruiting differently.

And of course, if the return on that extra 10% dwarfs half the salary, of course it makes sense to pay for the extra 10%, too, I suppose.
Based on their description of the tech, you can trigger the system with something that doesn't look anything like a fake gun. It just has to have similar resonances.
Is there really so little else to invest in that plugging money into magic scarcity is the best bet?
My New Book “The Heart to Start”: Free Today
Expiry day is going to be very interesting then. I had no idea their volatility rules would apply to expiring contracts too, that's insane. Why would anyone want to trade that instrument?
Yea, I don't see how this is different from the public guidelines: https://www.youtube.com/yt/about/policies/#community-guideli...

The problem is the demonetization of the videos that don't break the guidelines. I'm guessing it comes from the poor automated detection and not from the human reviewers.
Navigating the Engineering Interview Process at Uber and Beyond
Millions of People Post Comments on Federal Regulations. Many Are Fake
I think you're misinterpreting my post. I completely agree, you're absolutely right, but there's a huge different between what you're saying and what the gp was: that usability should not be a consideration for these tools.

I do understand, in quite a bit of depth (which I'm sure is still far from complete), how Git works. I still prefer to use Mercurial because it doesn't require me to be continuously aware of the dangers of those internals on a day-to-day basis - it doesn't supply me with a loaded foot gun. Sadly, I use Git every day, and rarely Mercurial, because that's what the masses have chosen and I've found using in-between compat tools not to be worth the extra hassle for me.
You can sell stock to anybody. My kids can (and have) bought stocks. The SEC is not trying to keep securities out of the hands of the little people.

Rather, what's happening here is that operators of ICOs would like to exempt themselves from the disclosure rules that apply to all other publicly traded companies. They don't want to register with the SEC. They don't want to spend $5k-$10k a quarter on publishing their financials (those financials would probably be on the cheaper end of the scale, since they'll be disclosing basically no meaningful revenue).

Congress and the SEC went out of its way to make streamlined public trading for new enterprises possible with the JOBS act and Title IV. Over a billion dollars of new issuances have apparently happened under Title IV's "mini-IPO" rules, which exclude the most financially onerous costs of IPO for issuances under $50MM (that is: for virtually all ICO-scale raises).

Tech startups haven't used Title IV because, by and large, they can get better deals from venture capitalists. That's not a conspiracy; it's simple statistical selection. The best companies have access to the most reliable capital. The flip side of that coin (no pun intended) is adverse selection, which is what you have when a trivial restaurant review application tries to raise $15MM on a new cryptocurrency dedicated to funding restaurant reviews.

ICO enthusiasts want to paint this as retail investors being excluded from "10000%" gains. They're betraying themselves right there, by arguing with a straight face that there are 10000% gains to realistically be had by retail investors. Really, what they're making is a special-pleading argument: the companies they back don't have their shit together enough to raise large amounts any other way, and they sure would like to be exempted from the rules that apply to everyone else.
urllib3 lead maintainer here. I wasn't able to reproduce your bug, at least with the main development branch, when I passed `Accept` as part of the `headers` dict. If you could file an issue with a reproduction case, I'd definitely appreciate it.
an unintended consequence of the Alternative Minimum Tax
This is not a problem most people have.
In Memory of Forgetting
The Q Language
If that were the case it would be withdrawals that were temporarily disabled. There aren't any on-chain transactions made when you buy/sell on Coinbase, only when you deposit/withdraw.
woah there, you committed the cardinal sin of describing something the GOP is doing as positive for people on the West Coast
Agreed, especially depending on the functional programming background of people involved in a project.

In one project my guideline simply became `for (of)` is welcome, `for (;;)` is not. If you are too busy worried about index numbers as `for (;;)` is, you may be missing the big picture (and doing a lot of "useless" math), `for (of)` at least is relatively high level, and with Iterable support `for (of)` gives you more room to more easily move things out of the loop and into higher-order iterable functions before the loop.

Also with async/await, `for (of)` can sometimes be a lot easier to reckon with than higher order functions. People don't easily grasp Promise combinators, but `for (of) { const thing = await process() }` is readable for most everyone.
Imagine a piece of paper. Like what you'd find in a notebook. Those aren't assets right?

So now just imagine a token that has the same functionality.

You receive a token, it's made of paper like the notebook but does something useful.

Should that token, the piece of paper be regulated? Lol yes, it's now money! And all other assets or securities are regulated.
Retail investors having little to no knowledge of Crypto, let alone having any position around Litecoin. A friend of friend invested around $15K in LiteCoin on purely speculation. This is not even in the US.

I have been asked my a few friends and family members about investing similar amounts in Crypto, not knowing much about it.

People want piece of the action. The return period is small, LiteCoin up 90% just in the last 24 hrs, up 10000% in the last year. These are bonkers results if you just want to play the market and cash out.
Maria Mitchell: The First Woman Astronomy Professor
Which is it? Is it that these tokens aren't really investments, but rather utility instruments people are buying to obtain restaurant reviews? Or is it that it's so unfair that the SEC requires these kinds of companies to register before selling to the public like everyone else? It looks to me like your argument is oscillating a bit.
Yes I am aware what demonetization means. It's a very effective way to get people to stop producing content that does not align with Youtube/Alphabet/their advertiser's values.

The problem here is the looseness of the guidelines and the complexity of navigating deep issues with nuance.

Entertain me here for a second... Let's talk about a few hypothetical videos:

"The positive contributions of undocumented migrants in the US" - positive content about immigrants. Exempt from demonetization per the guidelines.

"The problem with illegal immigration in the US" - antagonism of a specific group of people/xenophobia per the guidelines. Should be demonetized.

Now, do you think it's an unreasonable position to say that undocumented immigration has both pros and cons? Of course not, everything does.

Youtube's distillation of rules that only allow for discussion of one side these issues with zero nuance is the problem. Coincidentally or not, the allowed positions for discourse align with the brand's corporate values.
Canada has a good rule for this: There's a special class of company called Canadian-Controlled Private Corporation (CCPC). When exercising options issued by a CCPC, the tax burden is deferred until disposition.

https://www.collinsbarrow.com/en/cbn/publications/taxation-o...
As a rational actor, buying Bitcoin right now is basically buying a bet that people will continue to be irrational long enough for me to make a good profit and get out. I don’t know how much faith you have in the market, but I predict the irrationality will continue until at least the stock market crashes and causes people to take a cold hard look at just what exactly it is they are doing. By the time people wake up, every rational actor better hope they’ve made their exit by then.
If I didn't know any better I'd imagine this would be an article from the Onion. But it makes sense -- parents and students shop for fun activities and extra-curricular clubs and luxury dorms and if one university doesn't have it, they'll just go to another.

And it's a shift more towards colleges treating students as pure customers, pool and luxury dorms are not the worst, grade inflation and rising price tags are what's scary.

Aside from online colleges and such, wonder if any state schools could move in the opposite direction - cut costs and tuition then aggressively advertise that. Say turn "Luxury Dorm State University" to "Spartan State University" - come here to study and do research only. Not extra-curriculars, no fancy clubs, intro lectures are slightly bigger. Not much admin staff, no 10 different fancy coffee shops or athletic facilities, just a main cafeteria and so on. But you graduate with a $30k debt instead of a $100k one. I guess that becomes a community college almost, and the problem is attracting faculty and research as the perception is the school is not top-tier...
Can't sell it because not all my coins are in my account yet, and no guarantee there won't be a rush to sell due to instability.
So much for a "decentralized" currency system. Actually coinbase and the other players are and will be worst actors than banks if this presque monopoly isn't solved
Because they're not worthless, they're just not liquid.
How? When?
Yeah, it works in urllib but not in urllib3.

IIRC 'User-Agent' wasn't the problem but trying to set 'Accept' is what failed (and even more strangely they only do User-Agent filtering on API calls but not for http). I started to dig into the code but since I got it to work in urllib I left it as Someone Else's Problem.
Number 2 and 3 are my most common ones. I've seen bank logins capped at 8 characters. Oh and getting a mortgage... don't even get me started on mortgage company password security.
I wonder if resharper supports q#?
If the marketer of a Kickstarter promoted their product as an investment-grade asset, they could indeed have legal problems. People forget that a big chunk of what the SEC is concerned about is marketing and promotion.
He/she's offering a disclaimer bc he/she's a IBD person so his/her words are likely a bit more tied wrt professional obligations than your average engineer on these boards.
Litecoin actually did last night, more volume than Bitcoin, the fees were almost nothing! I actually did send an LTC transaction last night, so much fun not to be stupid and take advantage of this revolution instead of just sitting around like a troll calling it a bubble :D

https://coinmarketcap.com/exchanges/gdax/
libertarians will tell you that that's on you for not understanding the risks involved, but that's a heartlessness and antisocial position to take

You're missing the constant drumbeat of "options will make you rich! Work 80 hour weeks, sacrifice your health and relationships, get paid well below market rate, join our startup!"

The entire VC industry is focussed on misleading people like this. One of the reasons for ageism in Silly Valley is that experienced engineers can't be suckered like this.
Hmm. Would Harvey Weinstein have blown up the way he did if Susan Fowler hadn’t moved first against Uber?
I'm a corporate attorney. I'm pretty sure I know what it means.
They said it was the first send to their ~14 year old list, so a ton of those addresses probably didn't even exist anymore.
That isn't the way to look at it. Suppose LTC breaks $1000, or even $500. I'll have "missed out" on a lot. But I locked in gains, so I'm net ahead. Timing gambling like this is a fool's errand, in my view.