skysight-inc/HackerNews huggingface dataset:
Who is buying coin? Like if you seriously found 3 BTC you had on an old hard drive from years ago, remembered that password, who would pay you the $30k? You'd have to try different exchanges, try small amounts first, pay the insane transaction fees and wait for confirmation. Anyone who truly had a huge stash of like 400k USD in BTC would need to grab a lawyer, an escrow company and enter into a pretty strict legal contract with a coin exchange to guarantee that money.

Are there really large amounts being traded? I guess you could just look at the block chain ledger and see. But I'm just wondering how much of this is due to people cashing in/out vs market manipulation.
>> You can get low to mid six figures at a startup easily

Firstly, mid-six figures is 500,000 -- please share which startup's comp range is in this area.

Secondly, you cant pay rent with options.
And a big piece of gold's value is that it's been a store of value for longer than recorded history.

Hell, if the world went belly up, Mad Max style, there's a good chance that whatever gold you have would be worth even more.
I feel like this may have been the last upswing this big. A lot of regular folks are going to get burned, and they're not going to forget. The societal consensus 6 months from now will be that Bitcoin Was A Scam, and that'll depress speculative potential.

Which is a good thing, insofar as Bitcoin may actually have a future as a currency. But a bad thing for HODLers.
Those articles back then probably had in mind some of the things that social media is occasioning now, they just didn't have the specific term for it so they lumped it all together under the big novel catch-all term “Internet”. I've read some eerily prescient forewarnings from that era, particularly about the undesirable side-effects of the “global village”.
"You think you know what fake news is and what's reality, but we never did..."

I think this may be one of the most simple and insightful comments I have read recently. Thank you.

My only thought is how do you find bedrock to base ideas when you can't trust any of it?
Netbeans also works fine on Linux and it's free
The last part is particularly important. Most deep learning libs rely on things like cuDNN which implement by hand basic operations very efficiently.

The ROCm initiative by AMD already "transpile" most CUDA kernels to being AMD compatible, but it seems performance is not yet comparable in real word benchmarks.
Mania or not historically prices have been going up, even taking into account all the crashes.
Can you explain why is 19K less normal than 500K or 100$?
price is e.g. 1k USD/BTC

Alice has 1 BTC she wants to sell for $1k

Bob has $995 and places an order to buy 1 BTC at $995

Alice could wait around for someone to make a better offer, or maybe she needs $ for christmas presents NOW and lets it go for $995, at which point the price becomes $995

The listed price is the valuation at which the last transaction occured.
None of your sources are independent. You can't quote a Belarusian source on a dispute between Belarus and a foreign country.
There’s no reason $19 couldn’t be the new normal either.
You probably should :)
The problem is that all of this data isn't open. It's Google's. I understand the immense effort required to create maps of this detail, which is why they are protected by copyright (and database rights, a special subsection of that).

However, on the one hand these maps are owned by a single company that has the singular unique infrastructure, on the whole planet, to even begin to attempt to create maps like this, that no other company (not even Apple) could start to try and get close. Google's machine learning and data-crunching abilities have no match, and there won't be a competitor that ever will.

And on the other hand, the only way I can access this data is through an app that wants to track me and spy on me so badly it refuses to even remember my recent search queries if I disable Google's Location History. I mean get this, remembering recent search queries used to be a feature that made people consider a program to be "clever" or "smart".

I can use ALL this machine learning and fuzzy queries, sound alike typo corrections, super smart Google tech and search with vague hints of queries like that restaurant near the thingy or whatever, and it will give me relevant results!

But it refuses to remember my recent queries, a most basic feature that today is just considered basic UX instead of "clever programming", unless I allow it to spy on me.

This is literally the tradeoff it's asking me to make:

Do you want to be able to use the single most advanced and detailed map of the entire planet available to the public with basic User Experience niceties?

Or do you want to keep your privacy and not broadcast your location to a corporation in a foreign country, specifically the one with the biggest, most out-of-control spying agency, that's --just to name one thing why I think the US/NSA and whoever lives there wanting a bite of my privacy can piss right off-- been hacking people in my home country's personal computers and devices, left and right just because anyone who is a sysadmin is considered a "strategic target" even though our countries are "allies" on paper, that apparently doesn't mean shit when attacking citizens' property.

Sorry yeah it looks great, just like with cathedrals. Was a bit shit with some caveats/blood/death for the common people during the time they were built, but in a few hundred years we'll probably look at this with awe and wonder.
As well as the whole concept of the petrodollar.
Lots of permabears will go long when it's obvious markets are headed up, not Hussman.

https://www.hussmanfunds.com/strategic-growth-fund/

As always, Hussman manages the near impossible feat of reliably losing money in virtually any market environment

The Dow has risen 5k in a year and Hussman still manages to be in the red....I'm sure his clients are thrilled

on top of the how-is-that-possible string of losses in every fund he manages across any time frame...his expense ratio is insane! 5% fee ratio to lose money in a bull market...sign me up?

his clients would be better off maxing out a string of savings accounts to earn 0.1% interest but get FDIC coverage

most permabears since the 80s realized you can't fight the Fed, even if the whole system is based on BS
One of my gripes with the current education system is that it trains the pupil to simply regurgitate knowledge without ensuring that the pupil truly understands the topic - in this case MCMC methods.

Articles such as this one are a great resource to help what would be a mindless regurgitator actually understand what the whole point of an MCMC method is for. The 'why' to the 'what' essentially. And you don't need math to explain that.
Apple to Develop EKG Heart Monitor for Future Apple Watch
Same is true about Facebook. Someone could clone the features and create facebook2.com, and everyone would flock to it. That's why Facebook stock is a Ponzi scheme. Anyone who thinks Facebook has a value above $0 is insane.
The dollar is essentially backed by oil and the fact that it's needed to trade with the largest economy in the world, not to mention the country with the largest military.
I was thinking more along the lines of solo-founders. Obviously if you can afford to pay employees, you can afford a 401k. Which brings me back to the fact that you probably still need money to pay employees; which generally means you still need funding unless you're profitable very early on.

We're entirely bootstrapped, but we provide a recurring service and it's taken me 2 years to hire our first employee. I don't think most companies can wait 2 years after launching to hire an employee (We couldn't even.. I had to bring in short-term help on numerous occasions).
I doubt it's that easy to gain consensus on that. Half a decade of billion-dollar incentives have already provided a real-life experiment in which this issue didn't come up, although it may in the future.

The reasons are that bitcoin's value is derived from its scarcity and decentralised properties. If you completely break that philosophy, it's sorta-kinda just a digital ledger controlled by a small group of powerful companies like any other system you could think of.

So you'd momentarily print money that'd soon lose much of its value. And you'd be doing it on specialised mining equipment which are purpose-built by all the big mining companies, that can just has a single algorithm that bitcoin uses (and is useless for mining many other coins), which then also all lose their value.

Again, it could happen, but the incentive structure certainly isn't designed for this to occur naturally. Even a small printing of money would be immediately noticed.

Rather, the rarity to me stems from the fact that indeed, anyone can run a blockchain. It's just software on 1 or more computers. I can run 100 blockchain clones on my computer with trillions of tokens. And bitcoin tokens themselves can be split to ridiculous numbers, as you can send 0.000001 bitcoin. That fraction of a bitocin is a token that can carry information and put it on the blockchain, and you can agree that this information represents any asset. As such, there's no scarcity of databases (blockchains) or tokens (bitcoin fractions), and thereby it isn't 'rare'. Of course, most blockchains have no security strength because there's not enough value to incentivise a large group of independent miners like with bitcoin. But the idea that you can clone/improve bitcoin, run your own and create a healthy market is reality, and it means that ultimately there's no real rarity for bitcoin usecases that couldn't happen on another chain that's supported by users.
Think the author is paraphrasing. Saying that as written would get the interviewer and HR fired.
Yes, illegal activities, you're right. But betting on something as famous and easily accessible keeping evading law for a long time is a risky bet.

As for "Evading currency control" it doesn't mean anything for individual, i'm sorry (unless you're an autonomous region trying to get rid of central bank policy, but i don't think any has adopted bitcoin yet)
I would say from my experience that I could be making three times that of a junior developer at their first job, in my area. But I would not say that I am making twice that of someone with half my experience. Someone that's just five years behind me is pretty much making what I'm making.

This notion that experienced developers, as a whole in the industry, are making x times more than junior developers is nonsense. Utter nonsense spoken by people who have no idea of what they're talking about. It's true you can find outliers for that kind of thing, and I'm willing to bet they are specialty cases.

Early in my career I would get huge jumps in pay when I proved myself at a project. Almost fifteen years into this career and I don't get those huge jumps in pay anymore after a successful project. Not because I'm not deserving of the praise, but I'm already paid well to deliver based on my experience. A junior succeeds and gets a raise; a senior succeeds and moves on to the next project.

Could I get one of these mythical 300k jobs? I know I can. I'm willing to bet I could snag a 500k job if I pushed myself. But that would require sacrifices I'm not willing to make, give up hobbies that I enjoy, and live in a city I really don't care for. A city that would eat up the extra income anyway.

I'm more than happy with my current job that pays well and I get to mentor juniors every day, which I enjoy.
I think big manipulations were already happening. That's why we saw the price driving up.

With a currency so based around absolute mathematical constants, with just a little coin and testing, it'd be a really easy system to manipulate as well.
Surely that's even more rare than a black swan?
Gogs: A painless self-hosted Git service
Links added! Thanks for the feedback.
Instead of being conservative or liberal why don't we just try being nice to people?

All these hot button issues that divide conservatives/liberals would evaporate if each side just tried, in each interaction to treat the other with dignity and according to their needs.

You know, the golden rule: Treat others like you would like to be treated? That's a good start, but we really need the platinum rule: to treat people how they would like to be treated.

Attempting to walk this path is a much harder task than relying on a dusty old book or on an enumeration of freedoms. It requires one to try to develop humility and wisdom.

I believe there are no moral absolutes, and that only by paying attention the entire situation in the moment can you tell what you should do.

When you adopt this point of view, you see that labels like liberal/conservative are just a set of received ideas that people use to avoid the difficult work described above.

They are just an interrelated set of heuristics allowing you to take shortcuts in our day to day interactions with others.
I agree and disagree.

I agree that currently it's purely based on speculative supply and demand. But I disagree that's what cryptocurrency is.

Bitcoin became popular because people actually used it to buy and sell stuff in the early days. And its main value was that it could provide very low transaction fee. Nowadays that's become impossible because the BTC transaction fee has risen to a ridiculous state.

For something to function as currency it needs fungibility. That used to exist in BTC but it's gone now. They're trying to come up with a solution with lightning network, sidechains, etc. But in the meantime all the vendors who used to take payments in Bitcoin have all pulled off because of the transaction fee. And we see all the other cryptocurrencies have risen up because BTC couldn't provide the value it used to provide. To be honest it's been pathetic watching the "civil war" between Bitcoin people because they've been deluded enough to believe they've already won that they were doing petty in-fighting over ego. This crash should be a wakeup call for those complacent devs to realize there's still long way to go.

So you're right that currently BTC deserves to drop all the way down, because it doesn't deserve to be a currency. Which is why I'm glad this happened. Because I was getting sick of all those people who've been parroting the "Bitcoin is fine as just a store of value" narrative. It's not, and this crash is the proof. All those people who thought they were "storing value" when there was no fungibility deserve to learn it the hard way.
You should talk to the relatives of dissidents killed by the government.

See how this game works once we start depending on emotional appeals?
While it is great that Rust has Steve, sadly this is at the cost of Ruby Rails. I wonder if he will ever comes back to the Ruby communities.
> Things that are backed by a government and guaranteed by a national bank. Things that are protected by laws and monitored to prevent large value shifts.

I'm no crypto-anarchist, but plenty of currencies do not meet this definition, and have failed as a result. Indeed, it's a time honored method of spurring growth to simply create money, and it's a time tested cause of instability. Certainly a well managed central bank is an asset, but it's hardly a reliable method of keeping currencies useful. There are plenty of reasons to be concerned with bitcoin's deflationary nature, but arguing that it's not as inflationary as government backed currencies is an argument that can damage both side of this debate.
While you can’t eat gold, it does have a variety of uses.
Hell ya, more reason for people to switch to AMD.
Single stocks tank every day.
I guess the voodoo i feel is the speed at which these happen, and the unseen offers for prices different (+/-) from what is the "current price"
Depends - is there a fire?
near as I saw, you were up to $17, so there's that.

"This project has been created to address a glaring gap in the rails ecosystem: the lack of an open source project for real estate websites.

The result is that WordPress has become the dominant tool for creating real estate websites. This is far from ideal and PropertyWebBuilder seeks to address this."

isn't a bad way to sell the widget to developers. but because you've already put some of the work in to set up the one-click deployment, it looks like you're walking the path of going to a wider audience, and if that's your goal (not a horrifying one, it maybe where more dollars are...) it's good to think about how to explain that chunk more broadly.

granted, it's a tough line to walk but a lot of people are doing interesting things --> https://www.eclipse.org/oxygen/ for example.
What we're seeing right now is a shakeout of all those unsophisticated individuals who have been purchasing crytocurrencies in growing numbers, mostly without understanding them, and in many cases with borrowed money and even by taking out home mortgages.[a] Those unsophisticated buyers are the ones who pushed the price of Bitcoin from ~$1000 at the beginning of the year to $18000+ a couple of weeks ago.[b] Now they're surely wondering what the heck is happening to them.

The question is: who is buying? Remember, for every sale there is a purchase on the other side of the transaction. Trading volumes have grown from around US $2B/day at the beginning of the year to $20B/day right now, excluding Futures volume, which means that there are people or firms buying $20B/day of Bitcoin in the face of a substantial price decline.[c] Who are these buyers?

[a] https://www.cnbc.com/2017/12/11/people-are-taking-out-mortga...

[b] https://www.coinbase.com/charts

[c] https://coinmarketcap.com/currencies/bitcoin/
the 1st crypto stickup?
This guy expects a market loss of about -65%, which would send the S&P 500 back down to 900. He also expects negative total returns over the next 12 years.

Of course, his Strategic Growth Fund has not only underperformed its benchmark (the S&P 500 index), the fund actually has negative returns over the past 1, 3, 5, and 10 year periods[1].

Losing money in this market is a truly remarkable feat.

[1]: https://www.hussmanfunds.com/strategic-growth-fund/
I would argue that by holding cryptocurrency you’re de facto playing a game with rules you don’t understand (investing).
Nope. People use Facebook. People simply don't use Bitcoin for payments or any other use that benefits from its "network effect".
And Paul Krugman's barber's brother-in-law is in too:

https://twitter.com/paulkrugman/status/943938735846166529
Why are you using the closed source driver?
"[They] deliberately runs shows that will earn them huge fines they can then funnel through the FCC straight to the Republican Party. Everybody in the media knows it but no one has the guts to say it." Simpsons Season 18 Episode 22
All of the above arguments obtain if the fluid is a closed system and is only acting as a result of the forces it itself is exerting upon itself, subject to the various boundary conditions around it.

Of course if you open the system various outcomes are possible depending on what the external influences do to it (for example, the two solutions mentioned for the still water become entirely plausible if there's somebody roaming around who might put a lighter under the glass and cause the water in it to boil, but that isn't the point of the exercise).
The Federal Reserve acts algorithmically. New money is only created when new loans are requested by big commercial banks, and those loans are demanded on behalf of retail loans, which are initiated in proportion with economic activity by economic actors. The only discretion involved is the interest rates on those loans, which indirectly controls people’s willingness to take out loans.
A plague is a good way of describing them. There is no concern whatsoever about where the bikes are left. They are often right in the middle of the sidewalk in front of where ever they were ridden to. I have been bitten by the lack of a Capitol Bike share dock more then once, so I understand the benefit, but there needs to be rules like put your things away when you are done using them.
Exactly. Allowing people to play older games for free has a positive effect of keeping interest in your brand alive but at the same time you’re losing potentially paying customers that are just as happy playing the free 10 year old game
You're missing the point. Fix the signup form instead of just giving up.
I think sub $5k is a reasonable reentry though I still expect it to go down from there.
My theory is this:

I think the last time bitcoin had reasonable organic growth was when it was around $300-500 post Gox.

The reward halved so you’d naturally expect the price to increase from there, so let’s say $800-$1200 is reasonable to be generous.

Now you’ve got a bunch more infrastructure around it and more awareness, so double it or triple it from there— so $1500-$6000 or so seems like a plausible range. I suspect the price in the near future is going to be on the low end of that and stay there for a while.
there could be thousands of crytocurrency next month.
it not so much the street as it is the middle of the sidewalk.
Implementing a LoRa packet sniffer using the Atom-IT server for IoT
I should add Fiat currency...
Welcome to the future market. Now can make money on falling prices!
Why can't it be both? If you educate yourself about how cryptocurrencies work, you will see there is a lot of fundamental value. There is also obviously a bubble on top of it.
“Crashing” to a price not seen in.... 2 weeks.

Shrug
FINRA Says Don’t Fall for Cryptocurrency-Related Stock Scams
Question for cyber pros:

If you are storing sensitive info such as username/password to a TRADING PLATFORM (because the bank -- in this case OZforex -- doesn't have an API that lets you access it without them) what regulations do you need to meet in the USA and Europe? How does one even begin to find this out?

This is for a client of mine. I realize in Europe you'll of course need the GDPR. But besides that, I tried for example to find out whether they need PCI-DSS level 4 but was told by an auditing firm that since they aren't storing CREDIT CARD info then PCI doesn't apply. I am not convinced. But there has to be SOME regulation to protect this data, no?

I would aprpeciate any info, or if there is a way to speak offline (email you?) let me know.
> But isn't that one of the hopes of cryptocurrency -- that it can survive a state collapse, because the relatively normal currency manipulation leading up to said collapse would be less (or not at all) viable?

I've always wondered about this argument. It seems to me that a state collapse would be accompanied by the collapse of things that make bitcoin possible: electrical grid, Internet, mobile networks, and so on.
The algorithm is just a convention. The algorithm can be easily forked or modified by law / regulation / consensus among a few key market participants (mostly large miners).

Also Bitcoin is just one blockchain. Even with the same algorithm I can create an infinity of other bitcoin blockchains. Why would one have more value than the others? It's like if you generated an RSA key and then said, this RSA key is special, it has lots of value, you can't replicate it because you don't have the private key. No one else can recreate this key, it is enforced by cryptography. Well yes. But it's just a key. I can create a million others with an average laptop.
The US dollar is backed by the most rare entity in the world. The Hegemon.
Incrementally moving to Elixir with queues
Yeah I knew it was time to get out when my neighbor's dog started telling me about this hot new ICO.
when you talk to a bitcoin enthusiast, at first it was 'well it's a currency'. then after seeing the transaction fee and time, it was 'well it's a store of value'. then after seeing the 80% price drop, it was 'well it's rare'. then after seeing hundreds of cryptocurrencies on coinbase it was '......?'