hnnewguy

24 ms·

181.
by hnnewguy 12y ago
> The answer is that we are using it: as a store of value Money serves no purpose beyond a convenient means for economic transactions and paying taxes. There is no magic behind it, nor is it meant to be a long term store of value. It
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by hnnewguy 12y ago
> Well, if I remember correctly, all the Winkelvii Bitcoins were bought for under $70, I'd say the average price is around $35-40, so no I read far too many investing sites. Whenever a run-up and crash occurs in some fad stock, th
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by hnnewguy 12y ago
> Considering just how much Bitcoin the Winklevoss twins own, it is in their best interests to do right by Bitcoin holders and create a secure and accountable exchange. The executives in pretty much every corporate scandal, ever, held v
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by hnnewguy 12y ago
Are you trying to make money off of an investment of that sort, or do you merely want to help contribute to the success of SpaceX? If it's the latter, then there are probably far more creative ways you could help their situation than c
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by hnnewguy 12y ago
The two (huge) advantages of e-books, for me: 1) physical space 2) abundance of available material. In a perfect world, I'd own physical copies of all books. But as an avid reader, ebooks have been a godsend.
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by hnnewguy 12y ago
> My results are here Why would you compare quarterly values of seed money to a cumulative total (QE) and expect a correlation? They are completely different series. Try doing a running total for the seed money and the graph will look
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by hnnewguy 12y ago
> QE has nothing to do with VC Sure it does. Easy money is easy money. That goes for you and your mortgage at historically low rates, or VCs raising capital. When stimulus is occurring, it's interesting to see where it ends up.
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by hnnewguy 12y ago
Interesting graph. The "bubble" goes parabolic right in 2009, as the financial system is awash in QE money, searching for yield. Almost textbook.
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by hnnewguy 12y ago
> Now we are able to launch a rocket in orbit, then fly the first stage to land on a small platform floating in the middle of the ocean. You know we landed on the moon, right? I mean, this is cool, but from a sheer "fascinating ac
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by hnnewguy 12y ago
> In fact, you'll slide back down the ladder Money, titles, who cares? Life satisfaction is much more important than climbing ladders.
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Apple Granted Patent for “Digital Camera System with Remote”(patft.uspto.gov)
4 points by hnnewguy 12y ago|2 comments
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by hnnewguy 12y ago
> Isn't one of the primary criticisms of modern startups that they abuse naive fresh-out-of-college graduates? Precisely. A 20 year old should go out and get a job and gain some experience in a space and then, maybe , they'll
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by hnnewguy 12y ago
> I think 'too big to fail' was one of the biggest frauds ever committed against society. I wonder when we'll stop blaming the "banks" for every problem we have, instead of the the real culprit of most of our pr
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by hnnewguy 12y ago
> So presumably, if some foreign power invaded the US next week, violently exterminated most of the population, and herded the survivors into a few tracts of land, you would be fine with that? I can tell you that I wouldn't expect
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by hnnewguy 12y ago
Exactly. Unless there has been a crime, you vote these people, or the people who appointed them, out.
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by hnnewguy 12y ago
> non-smart non-engineers > room temperature IQs Boy, this bubble doesn't think too highly of the outside world, does it? What an attitude. We're not all idiots. As someone who has run product before, I can tell you ther
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by hnnewguy 12y ago
> rather than longevity of product, customer satisfaction and building long term strategy You realize that the Ford Motor Company has been around for over 100 years, right? Think about that before commenting on their "short term a
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by hnnewguy 12y ago
> all my scientific alarms go off Is it required on HN that every article be terse list of peer-reviewed facts?
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by hnnewguy 12y ago
> If these acquiring companies continue to grow and succeed, then how does the bubble collapse? Simple: the bubble collapses when the acquiring companies no longer grow and succeed. Facebook et al are doing well, but also have sky-high
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by hnnewguy 12y ago
> However, I find it important to realize the question shouldn't be about what Facebook/whateverelse can "do" now, but what will "they" be able to "do" in the future. Exactly. It's not about
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by hnnewguy 12y ago
I agree. This sounds ominous: > Statistical education. This is currently optional The data world is going to be an interesting place in the near future, filled with people running statistical tests they don't truly understand, and
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by hnnewguy 12y ago
>*What's the real market rate?" Considering you have to go to a Tesla certified dealer, I'd say that is the market price. It's not like there's a shop on every corner. And, no, replacing undamaged parts is not &
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by hnnewguy 12y ago
>some car components could be made upgradeable by their manufacturer -- like entertainment units -- but they don't Almost every single car part can be "upgraded", courtesy of the aftermarket. It's not necessarily a
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by hnnewguy 12y ago
> Don't you love government regulation of the market until it affects something I want to buy? Precisely. Would Tesla even exist today without government subsidies? Nope. For that matter, neither would GM or Chrysler. Why are th
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by hnnewguy 12y ago
> Does Acura offer an upgrade path for this? Neither does my iPhone 1. Lets hold off on this comparison until Tesla is still supporting 11 year old vehicles.
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by hnnewguy 12y ago
> While it might take a hundred hours to do a restore of a normal car Tesla can swap a pack, some body panels, electronics and interior in a days labor. Any source for this? I spend some time on the Tesla forums. There are threads of p
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by hnnewguy 12y ago
> That's what the reinsurance market is for The risk is still being off-loaded to massive reinsurance companies.
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by hnnewguy 12y ago
> but tis whole thing just screams False Flag When you're a hammer, everything looks like a nail. Sony is trying to blame others for their security incompetence. The US is posturing with "We don't tolerate this." No
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by hnnewguy 12y ago
> bypassing these centralized dinosaurs The reason they are centralized dinosaurs is to ensure they are large enough to cover claimants in the case of disasters. They need to be large to mitigate risk. Even as large as they are, they
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by hnnewguy 12y ago
> Not a lot of sizzle and flash in these slides, just hard numbers and facts. I agree. Seeing this deck provided some positive re-enforcement of my opinions of oft-fluffy VC-world. Mainly, that it can come down to "show me the nu

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