smabie

50 ms·

1. 691.▲
   by smabie 5y ago

   A 500k isn't all that unusual in tech I feel like.. Like a senior engineer at a FANG is probably making that much or more all in. Entry level salary for tier one firms across finance and tech is probably around 250-300k. Not hard to ge
2. 692.▲
   by smabie 5y ago

   Why would Musk fuck around with a personal trading account? He probably owns some coins personally, but it would be an insignificant fraction of his networth (which is tied to Tesla). There's no conspiracy here.
3. 693.▲
   by smabie 5y ago

   I feel like undergrads learn C in their first year? Or at least I did (well I already knew it, but had a class that was in C).
4. 694.▲
   by smabie 5y ago

   I mean is that data actually valuable? They probably just made an app because people like apps. Well, not the people on HN, but normal people.
5. 695.▲
   by smabie 5y ago

   And yet, people do huge deals involving millions of crypto everyday.
6. 696.▲
   by smabie 5y ago

   I don't know about other chains, but for ethereum you get money for destroying/freeing up block space. This is how the Chi gas tokens work: they write 0s to the chain when gas is cheap and destroy the blocks when gas is expensive.
7. 697.▲
   by smabie 5y ago

   They pause withdrawals while they get their coins out of cold storage. Or if the exchange isn't fully collateralized, it's a scam and goes under.
8. 698.▲
   by smabie 5y ago

   But do you hold BTC or WBTC? Among people I know, actually havinf a BTC wallet is pretty rare. The ethereum ecosystem is just so rich that there's no reason to leave it, well, maybe bsc and solana, but that's it.
9. 699.▲
   by smabie 5y ago

   I hear much more talk about ethereum than I do about BTC. He'll, I don't even have a personal BTC wallet and no one I know does either. Everything is ERC20: if you want BTC exposure, you hold WBTC not BTC.
10. 700.▲
    by smabie 5y ago

    Your average saver could buy futures, which allow for very high leverage.
11. 701.▲
    by smabie 5y ago

    Adderall and/or alcohol seem to work well for me. But those aren't exactly costless either..
12. 702.▲
    by smabie 5y ago

    But doesn't that mean it's ultimately in the companies interest?
13. 703.▲
    by smabie 5y ago

    I mean soylent is pretty easy
14. 704.▲
    by smabie 5y ago

    Are you asking why the "international community" doesn't wage war and take over the rain forest?
15. 705.▲
    by smabie 5y ago

    I get that, but I played maybe 200-300 hours of OW as dva and for some reason couldn't get out of silver. Nothing I did worked. Ended up creating a new account, ended up in high plat and quickly became diamond, never to drop lower agai
16. 706.▲
    by smabie 5y ago

    I strongly disagree. Out of sight out of mind.
17. 707.▲
    by smabie 5y ago

    Yep. AMD processor? Straight to jail.
18. 708.▲
    by smabie 5y ago

    Arm chair theory: pilot wanted to commit suicide in an elaborate way without tarnishing his name. I feel like that's the simplest explanation, though I am curious about other theories.
19. 709.▲
    by smabie 5y ago

    Assuming a somewhat efficient market, I'll take the $50 cheeseburger. Obviously I would want a more expensive thing than a less expensive thing from a partner. If we split up, I could sell the more expensive thing for... more.
20. 710.▲
    by smabie 5y ago

    BRK.B gets you a ticket too
21. 711.▲
    by smabie 5y ago

    Well you still have the economic right to part of the company during a sale.
22. 712.▲
    by smabie 5y ago

    Not really? Everyone would look at the split adjusted price for the past?
23. 713.▲
    by smabie 5y ago

    Why did they buy it in the first place?
24. 714.▲
    by smabie 5y ago

    I mean, can anyone do things fairly, correctly, and quickly? I don't think that's even possible.
25. 715.▲
    by smabie 5y ago

    Sure you can short some NFTs.
26. 716.▲
    by smabie 5y ago

    I'll take the NFT.
27. 717.▲
    by smabie 5y ago

    everyone would prefer natural diamonds to artificial ones. Why? Because natural ones are more expensive. It's literally like asking someone whether they prefer to have $20 or $40.
28. 718.▲
    by smabie 5y ago

    Low interest rates also raise company valuations due to a lower discount factor in the DCF model.
29. 719.▲
    by smabie 5y ago

    Or you can just use Tornado. At this point, laundering crypto is (mostly) a solved problem. However, you gotta be fast in some cases (ie you hack some defi project you need to launder your coins before people can react and start trying to i
30. 720.▲
    by smabie 5y ago

    There's a lot of C++ in financial/trading: custom silicon is only used for the most rudimentary/simple/rote part of the system (think like packet parsing or templating your messages you send to the exchange). Many people