consz

14 ms·

91.
by consz 9y ago
No currently existing company in the world is worth $1T. You claim your company should be worth a trillion "relatively soon." Now, imagine what your priors are as a VC. Do you (a) believe this person's claim that he's ca
92.
by consz 9y ago
What's the 30min volatility of BTCUSD vs. the cost of a bank wire?
93.
by consz 9y ago
Isn't this just an artifact of different writers having differing opinions on Bitcoin? I see no reason why a magazine with N > 1 writers should have a consistent opinion across the board on bitcoins (or anything).
94.
by consz 9y ago
(I do get paid directly based on my work, so my original description for the 'majority of jobs' does not describe my own, so here I'm only speculating) I don't think anyone is reducing their work hours specifically to re
95.
by consz 9y ago
What if you're required to be there physically for 8 hours, and you also don't get paid any more for better work then you currently produce? I suspect that would describe the majority of jobs.
96.
by consz 9y ago
Not necessarily -- there's an argument to focus on their comparative advantage and not bother wasting energy improving their people-interaction (something they are comparatively bad at).
97.
by consz 9y ago
Are you saying that this "established new method of token distribution" is to make a copy of the current state of the main BTC chain?
98.
by consz 9y ago
I'm (pretty) sure this is a result of them using MongoDB. A friend of mine also accomplished a double sell (BTC -> USD, -1x credit on the BTC but +2x on the USD), he ended up keeping it and never hearing from Coinbase.
99.
by consz 9y ago
Why should one believe a 17 year old, working 100 hour weeks and micro-dosing (really, what does this have to do with anything?) knows or is more capable than a 55 year old?
100.
by consz 9y ago
What if it doesn't even out eventually? I like to get 4-5 cocktails when I go out, and am usually the one getting steak instead of chicken (to use the article's analogy) -- so I almost always dine on significantly more than the av
101.
by consz 9y ago
I don't know where the complaints about "tiny, barely noticeable bits of food" is coming from (other than ignorance) -- every high end restaurant I've been to, including those with tasting menus with many portions, has a
102.
by consz 9y ago
If you want something more specific, how about something like the following -- for a fixed number of shares N that you want to buy (or sell), the average "cost" (as measured by the difference between the price you pay and the midp
103.
by consz 9y ago
>That's the only justification. What other justification is there? That those who hear it can understand what the speaker is talking about -- I would say that is the only justification necessary (indeed, for any word), and is more
104.
by consz 9y ago
I'm not sure where your hostile tone is coming from -- I prefer reddit to HN, and don't have any issues with them being (more) similar. I only used that as a descriptor for his stories because I've heard that used as an expl
105.
by consz 9y ago
I suspect it's because he posts reddit-style free writing stories. Maybe a year or two that was unacceptable on HN, but given that at this point, HN and reddit are indistinguishable from each other, I agree that there's no point i
106.
by consz 9y ago
The person I'm replying to said he works on the Google Drive team, so I presume he also is able to get the actual comms between Google and the customer.
107.
by consz 9y ago
Zero details? Surely you have his email? How else is the Google support person he's talking to able to reply to him?
108.
by consz 9y ago
Increased trading volume generally just means better price discovery. Why do you think increased trading volume means it's "pump and dump?" When I trade SPY, I increase the trading volume in the underlying S&P 500 compone
109.
by consz 9y ago
Never be a programmer in a suit (because you will be discriminated against by other programmers).
110.
by consz 9y ago
How much faith do you have in the statement that the flash crash was actually caused by a single individual?
111.
by consz 9y ago
How interesting.
112.
by consz 9y ago
So it sounds like the only insurance plan against being diluted to zero is "I hope they don't fuck me" -- which sounds like a really, really bad insurance plan. I still remain unconvinced that they should be valued above ze
113.
by consz 9y ago
Is this actually true? If so, why would anyone ever value an options package at anything above zero (assuming they are non-CEOs)?
114.
by consz 9y ago
Unless you're in an egregiously unfavorable options contract (do these even exist?), an options contract should have the underlying number of shares it pays out adjusted in such a way that a stock split has no effect on your payout in
115.
by consz 9y ago
300KB/s here (NYC).
116.
by consz 9y ago
Performance Improvement Plan (?). It means he was about to get fired.
117.
by consz 9y ago
The culture in finance is a lot more professional (and less sexist) than what was going on in Uber.
118.
by consz 9y ago
The top trading firms in the world treat Bitcoin markets as an ancillary project to give to summer interns -- the actual trading floor doesn't give it any thought at all.
119.
by consz 9y ago
>Because trading execution is not the critical path in the execution of a financial strategy!!!! Strong disagree. There are plenty of non-HFT participants whose critical path is the strategy execution (and is latency sensitive).
120.
by consz 9y ago
Why do you think that situation is illegal? The HFT does not know you're buying shares on all the exchanges, they've only seen the shares at price P be bought on a single exchange (and that happens all the time without people subs

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