niggler

33 ms·

301.
by niggler 14y ago
One major problem with using any aggregator site for commenting is the very-short-term nature of the discussion. With many blogs, you see comments months after the original article was penned. AFAICT, there's no way for HN to notify you t
302.
by niggler 14y ago
Remember the saying: no one ever gets fired for taking profits
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by niggler 14y ago
"you'd have to be very brave indeed in order to put a limit on the expected BTC price." Or quote a fairly aggressive price (so that the hedger pays a significant premium for the service) Also, how are you getting futures/forward prices on U
304.
by niggler 14y ago
You first need to put up your email address in your user page. I could use some help for some websites, but there's no way for me to reach you (see my user page for my email). If you are still in school, obviously school projects help. Al
305.
by niggler 14y ago
"A currency which changes in value by around 40% in a 24 hour period is completely useless for the transactions I mostly deal with" 1. IIRC Silk road uses some average price rather than the spot price 2. Does anyone provide BTC hedging? Se
306.
by niggler 14y ago
What happened in Cyprus will not happen in the US. It's far easier to just print a ton of money than it is to confiscate or force a bank collapse (and Cyprus didn't have that option because they don't have control over EUR) https://www.yo
307.
by niggler 14y ago
Value, be it in gold or silver or USD or EUR or bitcoin or cars or art, is a perceived phenomenon. Something has value because others are willing to trade it for goods and services (or for other forms of value). Gold and silver are truste
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by niggler 14y ago
"Some of us bought ours around $.85 and sold when there was no way it could go any higher around $30." Picking tops and bottoms is a fool's game.
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BTC $141 USD(mtgox.com)
28 points by niggler 14y ago|68 comments
310.
by niggler 14y ago
"Why are you hoping people sell something at this level?" It's generic advice that applies to everything that's possibly in a bubble (like penny stock pumping). By sacrificing some of the potential upside, you allow yourself the ability to
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by niggler 14y ago
"if you are more valuable than your replacement." You mean if the company believes you are more valuable than a replacement. If you think you are more valuable but the company doesn't think so, you should be ready to quit and move on.
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by niggler 14y ago
"but for tax purposes their (cost) basis should remain unaltered." You can elect (at least in the US) to use average basis (which is what you are talking about), FIFO (IIRC LIFO is not permitted), maximum capital gains or minimum capital ga
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by niggler 14y ago
I think chc meant "you can raise prices with 30 seconds' notice."
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by niggler 14y ago
The profit motive drives a very short-term hyper-growth mentality, and the decisions reflect that nature (abrupt axing of free service tier or price hikes to show "revenue growth", engaging in questionable accounting practices, etc), which
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Haskell Web Programming(yannesposito.com)
2 points by niggler 14y ago|0 comments
316.
by niggler 14y ago
'As long as you play by the rules, behave ethically, and are honest, I see no problem with becoming as rich as (you can | you want).' The rules are questionable at best and we've seen many startups (including some that are funded by YC) act
317.
by niggler 14y ago
I think we disagree on the extent to which "desire to become wealthy" should be a driving factor. I think the state where founders are primary driven by short-term wealth is not appropriate (it is easier to be wealthier in other areas like
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The Point Of A Startup Is To Make Money, Not To Raise Money(fogbeam.blogspot.com)
4 points by niggler 14y ago|0 comments
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by niggler 14y ago
" Every bitcoin I sell now (without topping back up, as I would normally do for my spending bitcoins) represents a potentially massive amount of future wealth. The downside is limited to the amount I put in to begin with." Lets say you purc
320.
by niggler 14y ago
"There's no reason it can't be that and a desire to become wealthy, ya know..." I take the (apparently quaint) view that you should make money because your product/service provides real value to others. And that if you do provide real valu
321.
by niggler 14y ago
"I feel like HN's focus has changed in that regard" I think that people started smelling easy money and rushed in. I hope to see a shakeout soon, not because I want to see others fail but because perpetuating the status quo damages the eco
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by niggler 14y ago
This. Many people go into startups just for the profit motive, but I firmly believe that you should start a startup because it is something you want to do or because a side project became too large to continue as a side project (forced to
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by niggler 14y ago
I hope people are selling something at these price levels. BTC may continue to run or may crash really hard soon, but at least make sure that if the crash comes you end up ahead.
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by niggler 14y ago
There is no such thing as an underpaid developer. The key skill is in recognizing your value as measured by the market. And to find that out, you need to test the waters. If you aren't testing the waters, you aren't underpaid (because yo
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by niggler 14y ago
Burn CDs, make USB copies, and print out source code (on paper). I would steer clear of internet-based services.
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Visualize python program execution(pythontutor.com)
2 points by niggler 14y ago|0 comments
327.
by niggler 14y ago
250K is a NY state rule. Other states may have different limits.
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by niggler 14y ago
I AM NOT A CPA so please please please please please talk with your accountant or tax advisor. Rules are explained in publication 463 "Travel, Entertainment, Gift, and Car Expenses". There's probably a PDF on the IRS site.
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by niggler 14y ago
"telling them that we had a problem" A very short period of hosting downtime isn't deadly. What would be a "big red flag" is if you didn't learn anything. You should be able to answer: - How did customers react to this (assuming, of cours
330.
by niggler 14y ago
"1. With the hosting provider, should I ask for free hosting, domains, etc.? It won't come close to making it up but it's something." You should leave. Demand some sort of refund for the remaining time (and possibly a refund for the servic

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