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pemulis
searching PlanetScale…
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91.
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by
pemulis
15y ago
Edit: Deleted original story to replace with a better link. The Chaos Computer Club expelled Domscheit-Berg this week, partially for refusing to return the alleged submissions. A reporter from Der Spiegel tweeted that Domscheit-Berg confirm
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Daniel Domscheit-Berg allegedly destroys 3000 stolen Wikileaks submissions
(chirpstory.com)
1 points
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pemulis
15y ago
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1 comments
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pemulis
15y ago
Not to discount the idea that tech companies should be run by innovators, but Apple wouldn't be one of the biggest companies in the world if not for its ingenious vertical integration, which ensures that competitors are always a year or mor
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The stock market hates HP's new strategy
(google.com)
105 points
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pemulis
15y ago
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101 comments
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pemulis
15y ago
I notice it in my own life for sure. I read more now, but I read a lot fewer books, and I spend less time thinking about what I read: I tend to leap to the next shiny thing. I know what you mean, and I have the same problem. I think that
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pemulis
15y ago
Social networking as conversation is a good analogy, and one that Gabler doesn't follow through on in this article. Yes, the vast majority of conversations are banal, and always have been. The only difference is that, because of social netw
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pemulis
15y ago
I wouldn't discount the effect of the S&P downgrade on these stocks. The downgrade led investors to flee from risky assets to more secure assets. Counterintuitively, this is causing the price of short-term Treasuries to go up, since the
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pemulis
15y ago
The guarantee is probably handled by pure insurance companies, who have been dealing with fraud successfully since before the Code of Hammurabi.
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pemulis
15y ago
Actually, the granddaddy of libertarian economics, F.A. Hayek, spent his whole career arguing that people are irrational (which is to say, they do not all share the same preferences), and that attempts to shape the economy based on a presum
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pemulis
15y ago
I absolutely agree, and want to add one point: Rent immunity, which this author decries, is the only thing that keeps the game interesting after the first few times circling the board. Weak players can team up to tear down strong players, w
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Notes Toward An Open Digital Bookcase
(thestylus.org)
3 points
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pemulis
15y ago
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1 comments
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pemulis
15y ago
3. Most of the people redeeming Groupons will come at peak hours, so you still have excess capacity at slow hours. If Groupon Now (or something similar) catches on, that might solve the problem of excess capacity, but Groupon Classic does n
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pemulis
15y ago
You would have to offer a discount for paying with bitcoins for this to work. I know a lot of merchants (in real life, not online) that offer small discounts to people who use cash so that they don't have to pay credit card transaction fees
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pemulis
15y ago
Basically, it's great for the black market. For the US, that means primarily drugs and gambling. That's why the price shot up after the Wired article about Silk Road: A whole bunch of people wanted to get Bitcoins to buy drugs online. In so
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Sony Pictures Russia Hacked by SQL Injection
(pastebin.com)
7 points
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pemulis
15y ago
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0 comments
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pemulis
15y ago
But private companies are constrained by the need to turn a profit and outmaneuver their competitors. Governments aren't. To keep them from being wasteful, people have to watch them closely and make a big fuss when something is wrong, tryin
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pemulis
15y ago
Well, there's the SEC.
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pemulis
15y ago
People play roulette even though it's easy to calculate the casino's advantage.
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pemulis
15y ago
I think I misunderstood who you were talking about in the grandparent post: It seemed like you were railing against the people who wrote the article for testing the exploit and describing it online.
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pemulis
15y ago
Hacking the site? They found an obvious security vulnerability, tested it, and alerted the company. What should they have done? Sit back and wait for a bad actor to exploit it?
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pemulis
15y ago
I think that Mt. Gox needs to place limits on how quickly the 'official' bitcoin exchange rate can rise or drop. This would help to limit the intra-day volatility that is the defining feature of bitcoin speculation. Since the trading volume
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Show HN: Review my Startup: Compete for gift cert's to local sports bars
(madswag.com)
1 points
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pemulis
15y ago
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0 comments
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pemulis
15y ago
As of a day ago you can get dollars out of Mt. Gox using Dwolla, which has been excellent in my experience and only charges 25 cents per transaction. I withdrew money today and it was in my Dwolla account in less than an hour. As far as u
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pemulis
15y ago
You can also use Facebook Comments with a Yahoo, AOL, or Hotmail account. But not - notice - a Google account.
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pemulis
15y ago
Wherever Mt. Gox is storing people's bitcoins (the exchange's wallet.dat) and their deposits in USD and EUR, as well as wherever trades, deposits, and - especially - withdrawals are processed. Lots of people have large non-bitcoin deposits
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pemulis
15y ago
The only thing Bitcoin poses a threat to is the t-shirt vendors and hosting providers who are accepting it as payment. This. The volatility that makes bitcoins so attractive to speculators makes them a nightmare for merchants. Bitcoins ha
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pemulis
15y ago
Actually, bitcoins being classified as securities might make it easier for governments to crack down on them: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1817857 Securities are more closely regulated than commodities in the US. I'm
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pemulis
15y ago
I don't think that that extra security is what we're seeing priced in the exchange, though. The traditional causes of volatility in commodities like gold and silver are increases in supply (new mines being discovered, new techniques develop
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pemulis
15y ago
Prolonged isolation causes measurable damage to the brain. His "exercise" consists of walking slowly in a circle for one hour; no other exercise is allowed. He has to answer the guards' question, "Are you okay?" every five minutes. Imagine
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pemulis
15y ago
Bitcoin prices have a tendency to plummet, too. After they passed the $4 mark for the first time, the price dropped precipitously, as people began to worry about a bubble. I expect the same thing to happen now that the price has passed the
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