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691.
by 21 8y ago
The price on the other side also moves, so it's more complicated.
692.
by 21 8y ago
Gates certainly has the money to drive it into the ground if he wanted.
693.
Bill Gates: I would short Bitcoin if I could(cnbc.com)
16 points by 21 8y ago|18 comments
694.
by 21 8y ago
In 2014 you said this [1]: > I would short Bitcoins if I could find a reliable party to do it with, and it were easier to do. That doing that is so difficult is another sign how it's not a real currency. Well, today you can short bi
695.
by 21 8y ago
I was talking about motivation. Why do the vast majority of VCs "invest"? Profit. Why do the vast majority of people buy cryptos? Profit. If you attack bitcoin buyers for wanting to get rich, you should feel the same about VCs.
696.
by 21 8y ago
> You can't have investment and speculation first. Do you know how a power plant is built today? You buy future contracts of gas, you sell future contracts of electricity (more expensive) and you use the profit from this transaction
697.
by 21 8y ago
> What makes bitcoin special? Nothing. Being first is not nothing. It's called first mover advantage. > But they mostly have one goal which is to find someone who will one day pay a lot more for the same bitcoin then they did. Fu
698.
by 21 8y ago
> These cryptocurrencies have no value. The markets say otherwise, for 9 years now. And more and more people who where laughing are not laughing anymore. I'm talking about exchanges like CBOE and CME, and regulators who are seriousl
699.
by 21 8y ago
Speculation is a critical part of the process. It's called "signaling". If price of Aluminium goes up a lot, people will be "signaled" to build more Aluminium mines, Aluminium smelters and so on. All of these people
700.
by 21 8y ago
Most likely you are not the target of this subscription. You will be just collateral damage. Just like most people wouldn't pay 2000 a month for access to their terminal software.
701.
by 21 8y ago
It is. You either store value in dollars, euros, gold, real estate, art or bitcoin. You can't "dobule spend" the same value.
702.
by 21 8y ago
Bitcoin is also backed by the same physical force of the state. Otherwise armed groups would seize the miners or break into the exchanges and use physical force to steal the bitcoin.
703.
by 21 8y ago
Zero. All the Bitcoin network can do is compute SHA-256 hashes. It's literally useless for anything else.
704.
by 21 8y ago
> So let me get this straight. For years, I've been disrobing in public and subjecting myself to groping on the off-chance that someone might have a bomb tucked under their scrotum, yet on the BUSIEST DAY EVER it's okay to thro
705.
by 21 8y ago
For a second I thought you were talking about Google. Food for thought.
706.
by 21 8y ago
I don't understand anything at all from this press release. Could somebody TL;DR the situation to someone who doesn't follow GPU markets?
707.
by 21 8y ago
No shit. Taleb would say: "those who can, do. those who can't teach others or write about others doing it". Just look at the financial press which is the last place you should look for market analysis.
708.
by 21 8y ago
Here is an article which argues that we should stop using militaristic terms for the immune system, that the immune system is not an army of killers, and that it's job is not to kill enemies, because talking like this brings harm in th
709.
by 21 8y ago
Most future goons will be robots too. For both practical and political reasons (dead soldiers are not so cool).
710.
by 21 8y ago
You work on a personal project in the other 6 hours instead of browsing HN. Or at least watch videos on youtube about various technologies.
711.
by 21 8y ago
So this is the logo used to show that food is irradiated: https://upload.wikimedia.org/wikipedia/en/0/0c/Radura_intern... This is why I hate big-food. They use any and all opportunities to mislead about
712.
by 21 8y ago
Tesla earnings call was the best I've heard in a long time, says Jim Cramer (a CNBC popular analyst): https://www.cnbc.com/video/2018/05/03/tesla-earnings-call-wa...
713.
by 21 8y ago
> young people prostitute them selves to get photo shoots at exotic locations or for luxurary stuff for likes So what's the alternative, working 9-5 in retail for minimum wage and after 10 years you are still nowhere? Unless you are
714.
by 21 8y ago
Only 10% of the price of gold is "tied down" to it's real world usage. The other 90% is psychological. So gold - 90% psychological Bitcoin - 100% psychological If you don't believe in psychological value, both are about
715.
by 21 8y ago
The guy which himself banned a site from his service? Surely if he has the right to block others do to. After all, it's a free market and private companies are allowed to do what they want, you don't like it, go to someone else. R
716.
by 21 8y ago
I'm not sure what you are asking here. I do trade bitcoin, with an eye towards holding it for a bunch of years, possibly with leverage, so being right would make me money.
717.
by 21 8y ago
Imagine that the year is 2011, Bitcoin appears for one of the first times on HN, and someone says "in the future Goldman will trade bitcoin". Ha ha ha ha ha.... Today, someone (me) says: in the future, first world central banks wi
718.
by 21 8y ago
I don't forget. They must treat you doesn't mean that you must not pay. They can just send you the bill home after the police get your details. If you have or not money to pay, that's a secondary issue, just like when you get
719.
by 21 8y ago
Does this actually work? Won't they detain you and call the police like a shop or restaurant would if you don't pay the bill?
720.
Heated discussion on python-dev regarding proposed PEP 572
2 points by 21 8y ago|1 comments

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