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wellboy
searching PlanetScale…
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511.
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by
wellboy
13y ago
It's the complete opposite. Once Bitcoin has stabilized/has become mature it's not an investment vehicle anymore, it's a currency. For as long as it is very volatile, it's an investment vehicle. You don't want
512.
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by
wellboy
13y ago
Can you elaborate? Before we were hunter & gatherers, we were monkeys, before that there were dinosaurs, before that there were one-cell organisms. If there were human civilizations a million years ago or before that, there would be sig
513.
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by
wellboy
13y ago
Lol, right now almost no one is using Bitcoin for actual purchases, because it's not a viable currency yet. Right now it's just an investment opportunity until Bitcoin has found its price. Then not an investment opportunity anymor
514.
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by
wellboy
13y ago
Ok true, then it would be 1 month application period, 2 weeks for an interview invite, 2 weeks to have the interview, so it would be around 2 months vs. 2 weeks, 4 times longer. But that's fine, because your expertise is a more long-te
515.
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by
wellboy
13y ago
I'd say the difference is all about time. Kima is awesome for startups, who need a cash infusion RIGHT NOW. This can often save a startup and make the difference between the startup shutting down and it becoming a billion dollar compan
516.
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by
wellboy
13y ago
To the naysayers, the biggest downside of fundraising is just the insane distraction and time it takes to get through that process. Kima Ventures has simply understood that and has solved that problem. There are a lot of startups for whom i
517.
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by
wellboy
13y ago
I always wonder why super intelligent people like him don't start their own NASA or similar, but keep working for somebody.
518.
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by
wellboy
13y ago
This will give him even more donations^^
519.
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by
wellboy
13y ago
I've thought about this a lot. I have found out that when I'm busy anyways with walking in the city, on the train etc. and I can't really take time for myself or just relax, with my phone I'm able to organize things or m
520.
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by
wellboy
13y ago
Why didn't you wait another day, deposit the same amount and then buy the minimum amount, I think it's 0.1 BTC, is it?
521.
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by
wellboy
13y ago
Yeah you don't buy BTC upfront, you buy Linden Dollar and exchange that into BTC on virwox, that's how it works.
522.
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by
wellboy
13y ago
Not really, just use http://virwox.com/ and you can Bitcoins through credit card or paypal instantly. There is a daily account limit though of $110 for new accounts, after 10 days of $150 etc.
523.
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by
wellboy
13y ago
www.virwox.com and you can get up to $390/day through credit card or paypal instantly.
524.
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by
wellboy
13y ago
< They will fail, because money that is not issued by governments is always doomed to failure. Like what? Gold?
525.
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by
wellboy
13y ago
I can only think that if someone is smart enough to create an our universe, they would also be smart enough to prevent us from finding a lattice..
526.
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by
wellboy
13y ago
Why not try turning the attack into a compliment and make the attacker love, that's what alpha males do. :) If you need to say fuckk, your original point wasn't strong enough and you needed to reinforce it. Saying fuck normally sh
527.
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by
wellboy
13y ago
Doesn't matter bro, you can get a job at many startups with a $100,000 salary in the bay area now. Failure is valued in the valley. You know life is just the blink of an eye and then we are buried 6 feet under, it doesn't matter,
528.
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by
wellboy
13y ago
You just need to let in exclusively the crazy startups, the insane ones. That's the only metric. 90% failure rates, but the remaining 10% (5 startups) is all Dropboxes and AirBNBs --> Average YC startup valuation up 10-fold.
529.
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by
wellboy
13y ago
No one expects from a non-funded startup with 1 engineer on board to have all the security figured out. However, if you are VC funded with 10 engineers on the team, this is inexcusable.
530.
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by
wellboy
13y ago
And with Google and Facebook screwing over their users with dark patterns, their demise was all set. They will soon realize by finding it hard to recruit talent. Google and Facebook used to be the best companies to work at, nowadays you
531.
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by
wellboy
13y ago
Hey cool, thanks for jumping in! You said it must come from my own pocket, however my impression was that it can come from anywhere, be it an American angel investor, a Suisse one, an American VC, Israeli VC or my uncle doesn't matter.
532.
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by
wellboy
13y ago
Isn't the E2 treaty investor visa the visa that the author is describing? http://en.wikipedia.org/wiki/E-2_visa Being in the position of looking for a visa for my startup, I've informed myself. The way to go
533.
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by
wellboy
13y ago
Doesn´t it take 10^100 universes to crack 8192 bit RSA?
534.
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by
wellboy
13y ago
You can buy via paypal from virwox.com to buy litecoins and immediately exchange them to bitcoins on the virwox. Then you can send them to a bitcoin address. Just takes 3 mins :)
535.
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by
wellboy
13y ago
You need to understand what a bubble is and what isn't. It's a bubble when bets are made on things that have nothing backing up their immense valuation. Now, you need some smartness to understand that the value in currencies is no
536.
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by
wellboy
13y ago
I think the author doesn't know how to prove a hypothesis that's why the article is confusing. He tries to prove that kids are not predictors of successful startups, but then he cites successful startups that were popular with adu
537.
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by
wellboy
13y ago
Isn't it essential that a monumental topic blows up a community? Isn't this one of the most important purposes of a community, the ability to kick off a movement?
538.
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by
wellboy
13y ago
A good share of companies don't have to. If you look at the recent acquisitions, lots of them hadn't even made one penny of revenue.
539.
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by
wellboy
13y ago
They do exist. The definition of valuation is the price someone is willing to pay it. Facebook is willing to pay it, investors are willing to pay it. That's the definition of valuation.
540.
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by
wellboy
13y ago
Why sell? After a valuation of $100M it's all just fun and games and a very unique experience that fewer than a 10 people/year or so can have in their lives. You can't buy that with money.
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