gibybo

55 ms·

211.
by gibybo 13y ago
This depends on the interest rate you think you can earn on the money. The break even point is about 4.2% annually. If you can earn 4.2% annually and you invest the entirety of the earnings as you get them, you'll end up with about $2.
212.
by gibybo 13y ago
He's giving you 1.4 cents if the games are random. If they aren't random, like with match fixing, then he's giving you $1 billion. That leaves plenty of money to bribe the relevant refs and players.
213.
by gibybo 13y ago
Ok this is just going to be a semantics argument because I see your point and think it's a valid interpretation. But what I meant is that it's not a bet against Buffet since you don't have to pay Buffet anything if you lose.
214.
by gibybo 13y ago
>The $0.23 definitely doesn't properly value the effect of how few actual chances a person has in a lifetime to make a billion dollars You're right, it probably over values it due to the marginal utility[1] of money and the non
215.
by gibybo 13y ago
It really bugs me that the article has 4,294,967,296 as the odds, so I can't help but correct it. They don't have the odds calculated to 10 significant digits. We don't have enough data on the teams to get anywhere close to t
216.
by gibybo 13y ago
You are definitely not going to beat Warren Buffet in a game of actuarial wits where he's drawing the rules. However, in this case, it's Quicken taking the loss on the bet (in exchange for promotional value), not the people making
217.
by gibybo 13y ago
Do you have a source or at least an explanation for that? I've always thought it took at least as much energy to cool something as it did to heat it (because AC is not 100% efficient), but I've been pretty wrong about thermodynami
218.
by gibybo 13y ago
Or uncaught match fixing :) The article is very wrong about 1 in 4.3 billion being the odds though. That's just 1 in 2^32 which isn't even close to the correct math for figuring the odds. Accounting for skilled handicapping, the c
219.
by gibybo 13y ago
This would only be true if every game was an exact 50-50 toss up and the games were not dependent on each other. In reality, many of the matches are skewed to one side or the other (some heavily so) and certain teams have strengths and weak
220.
by gibybo 13y ago
Buffet (or rather, Berkshire Hathaway) IS the insurance. Quicken is paying the premium to one of Buffet's insurance companies.
221.
by gibybo 13y ago
Fair enough, but Bitstamp is also doing close to $10M/day. You are probably right about the AML hurdle, but that is orthogonal to needing a service to sell them off slowly for you.
222.
by gibybo 13y ago
You can set a limit order on your favorite exchange. It will sit there and sell them off for the price you specify as people are willing to buy them. Of course, if anyone is selling them cheaper than you, yours won't sell until theirs
223.
by gibybo 13y ago
On a long-term broad (across industries) basis, stock market investors tend to expect a 10% annual ROI. This is different for VC investors, but only slightly by the time they get to a $10B valuation. The fact that the $10B valuation is 50x
224.
by gibybo 13y ago
Possible bug in the score board: In most cases, it won't let me see the scores for levels that I haven't beaten yet. Presumably this is because seeing the input size and min cpu cycles would be a strong hint about how to solve the
225.
by gibybo 13y ago
Awesome, thanks :)
226.
by gibybo 13y ago
Can someone explain what "cmp.b @r13, 0x2400(r14)" does, and/or how I would find out myself? I looked through the manual and saw the instruction 'cmp' tests the two parameters for equivalence, but I don't see &
227.
by gibybo 13y ago
They are not buying coins, they are selling them, so it would be a sell wall. The price couldn't go _above_ their selling price until all 25 million (dollars worth) have been sold.
228.
by gibybo 13y ago
I think you could mitigate the 'play short/silent sound on page load'. Each tab would have a max volume limit. The limit can be increased automatically while the tab is open, but it must stay within some % of that limit when
229.
by gibybo 13y ago
These seem like compelling arguments against our "war" in the middle east, but I'm not sure why we should be singling out UAVs. People die in wars. Sometimes they are enemies, sometimes they are friends, and sometimes they ar
230.
by gibybo 13y ago
Because it's really convenient to communicate them to people in contexts where they can't just click a link. Perhaps telling someone a URL in conversation, or on a billboard or magazine.
231.
by gibybo 13y ago
Taxes do go negative for assets decreasing in value. You may deduct any (realized) losses in value from your other (realized) gains. You may also deduct up to $3k/year of those losses from your income. If you have losses exceeding this
232.
by gibybo 13y ago
I would wager pretty strongly that the 1 MB limit will be raised (or removed) in the not-to-distant future.
233.
by gibybo 13y ago
It's definitely a paradoy. Probably not directly of Bitcoin, but of all the Bitcoin clones that have been launched in this way. Setting up your own currency/website/wallets/mining daemons/etc is actually incredibly
234.
by gibybo 13y ago
Since this seems like a good place to ask: Does anyone know of an interactive simulator for replicating some of the tests of Bell's Theorem? I've seen lots of explanations and a fair number of computer simulations to show the disa
235.
by gibybo 13y ago
Many worlds is also my preferred interpretation, but it really puts the weirdness of super position into perspective. If we really are splitting entire universes all willy-nilly like, maybe some of the other possibilities aren't so wei
236.
by gibybo 13y ago
The Einstein quotes are rather apt. There was a famous disagreement between some well known physicists about what quantum entanglement meant for the principle of locality. The argument that you explain above is the same as that used by some
237.
by gibybo 13y ago
You are correct, information (at least in the classical sense) isn't traveling faster than light with entanglement. The marble analogy is good, but like most analogies, it breaks down at the edges. Quantum entanglement is a little bit
238.
by gibybo 13y ago
It is definitely a small number. Visa is capable of handling 80 million+ per hour, for example. However, transactions are prioritized by transaction fee so you would have to pay a fee higher than all other transactions to block them out. Cu
239.
by gibybo 13y ago
This is the size of the blockchain over time: https://blockchain.info/charts/blocks-size . It's currently 12 GB and has a maximum growth rate of ~6 MB/hour. The hope is that storage and bandwidth get cheaper f
240.
by gibybo 13y ago
It's not unreasonable to assume that founders receiving Kima15 funding also go on to raise a sizable equity round later. I think the offers can be simplified by saying YC is ($18k + YC program) for 7%, and Kima15 is ($150k + Kima15 net

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