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User: Colin+Smith

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Comments · 6,373

  1. Of course Bitcoin can be manipulated on Friday's Big Swings, Mostly Down, Illustrate Bitcoin Value Volatility · · Score: 1

    "Like bit coin it can only be mined at a steady rate so it can't be manipulated."

    Bollocks, you clearly have no idea what money is.

    Anything used as currency can be manipulated in a fractional reserve manner. Why the fuck do you think we have bubbles and crashes?

  2. Any small market will be volatile on Friday's Big Swings, Mostly Down, Illustrate Bitcoin Value Volatility · · Score: 1

    But Bitcoins? Who gives a fuck?

    Go buy some silver coins, at least when the US government and Federal Reserve are done fucking the dollar over you'll be able to spend them.
     

  3. Food riots sell far more papers on Have We Reached Maximum Sustainable Population Size? · · Score: 1

    "Look ma.

    That police man is hitting the starving person!"

     

  4. Overshoot. Billions are going to die. on Have We Reached Maximum Sustainable Population Size? · · Score: 1

    If you have to move food from one area of the world to another in order to live. You are talking about an unsustainable system. If you have to import resources to create your food you are talking about an unsustainable system.

    Lets define "sustainable" first as something which can be continued indefinitely. Well if you have to consume one drop of a non renewable resource to run your system, it is unsustainable. You WILL run out of that resource.

    Our agricultural system... Basically converts energy into food. Not solar energy, in addition to solar; You have to power huge machines to tend the land. You have to pour fertilizers which are produced using industrial processes. You have to power huge machines to harvest the food, you have to power huge machines to transport the food.

    Agriculture is one of the more energy intensive of the industries. So what allows population growth is growth in energy consumption. It is a direct correlation. Go take a look at charts of energy and population.

    So... Energy production defines the world population. Oil peaked in 2005 BTW.

    For some reason everyone always assume things can only get better.

  5. Price controls cause shortages on Foxconn International Removed From Hang Seng Index · · Score: 1

    No more iPads.

    Guess they better learn to control inflation. The way America did.
     

  6. Good lord, it isn't about Symbian at all. on Nokia Issues Profit Warning · · Score: 4, Interesting

    Declare the maximum number of devices = 6 and maximum number of platforms = 2. 1 smartphone, 1 basic.

    That solves 99% of the problems which Nokia have created for themselves.

    Whether their smartphone platform was Symbian or Meego wouldn't have mattered, the R&D organisation would have been able to concentrate on actually making it good.

    Their problem was not Symbian. Their problem was and still is 150 (yes really) different phone models. Elop hasn't actually fixed the problem.

    Now like all Windows OEMs, they're a box shifter, so they need to get into a box shifter mindset. R&D will have to go entirely, there is no place for it in a low margin box shifting business.

  7. Meh. Give me a cluster with a single OS image on Linus Renames 2.6.40 Kernel To Linux 3.0, Announces Release Candidate · · Score: 1

    Till then it's all just incremental.
     

  8. What percentage graduate? on What's Your College Major Worth? · · Score: 2

    I looked through the stats in the pdf, and it looks like only about 40% on average graduate.

    Presumably they did however take out loans while they were studying so you have millions out there with student loan debt, but not even a degree to boost earnings.

    Does indeed seem like there might be a problem.

  9. What is the cost? on What's Your College Major Worth? · · Score: 1

    What does the interest on the loans add up to?
    What percentage actually complete the degree?
     

  10. What's with all the 'money' articles? on ATM Repairman Accused of Taking (and Faking) Cash · · Score: 1

    Bitcoin, faked cash in ATMs etc?

     

  11. Why bother having anything backing the money? on Google Wallet: the End of Anonymous Shopping · · Score: 1

    We don't now.

    You think the bank really has your cash in a big pile of money in vaults waiting to be spent?

    I mean, wow, that's like a 4 year old's concept of money.
     

  12. The US government just started raiding pensions. on BitCoin, the Most Dangerous Project Ever? · · Score: 1

    The difference is that the full faith and credit of the US government probably carries a bit more weight than the full faith and credit of an anonymous internet startup

    http://www.treasury.gov/connect/blog/Documents/20110516Letter%20to%20Congress.pdf

    Hope This Helps.

  13. Just like they banned gold and silver? on BitCoin, the Most Dangerous Project Ever? · · Score: 2

    Wait... that's exactly what they did.

     

  14. If I'm serving videos on The Rules of Thumb For Tech Purchasing · · Score: 1

    Absolutely.

    Basically you need to balance performance, not lean heavily towards either side

    No, you just need to know what the fuck you are doing.
     

  15. Well, they screwed up with 11 on Ubuntu Aims For 200 Million Users In Four Years · · Score: 5, Insightful

    aint gonna be drinking that koolaid.

    gonna look for an alternative.

  16. Re:A lot of these are gifts on Groupon Deal Costs Photographer a Year's Free Work · · Score: 1

    That is wrong. I have used Wagjag, Kijijideals.ca and Teambuy

    Are not Groupon, you muppet. With Groupon, you do not get paid until the service is rendered. They keep the cash for any coupons not redeemed.
     

  17. A lot of these are gifts on Groupon Deal Costs Photographer a Year's Free Work · · Score: 5, Insightful

    We have offered deals through Groupon and generally a lot of them are given as gifts, and promptly forgotten/binned by their recipients.

    This is in fact Groupon's business model. You pay for nothing, they keep the money. The business offering the deal only gets paid when they have provided the service.
     

  18. Um... It is about EROEI on White House Explains Transport-Energy Future · · Score: 3, Informative

    The amount of energy you get out compared to the amount you put in.

    Oil from Saudi huge. Oil from Canada, not so much.

    The lower EROEI is, the larger the proportion of the economy must be dedicated to energy production.
     

  19. Death by a thousand prongs. on Nokia Outsources Symbian OS Work · · Score: 2

    People seem to forget that nokia has a multi-pronged strategy going on.

    Not just multi... Thousand pronged!

    4 software platforms, 130 different phones. You can just SMELL the success!

    Poor Apple on the other hand have, just 1 phone, 1 tablet. The losers!
     

  20. And margins on windows boxes will be... on Microsoft and Nokia Finally Sign Definitive Agreement · · Score: 1

    Android or Windows, you're a box shifter. All box shifters have razor thin margins.

    Look to see the dev team layoffs coming in the next couple of years. Developers are a luxury that a box shifter can't afford.
     

  21. Probably for fast GPS startup on Apple Logging Locations of All iPhone Users · · Score: 1

    GPS's take ages to start without a bit of a hint from some other database, so this is probably their solution to speeding up location based services.

    Having said that... WTF? All it would need is the last recorded position. I bet some genius simply couldn't resist going all Big Brother.
     

  22. The stock market, the bond market, the commodit... on Apple vs. Microsoft, By the Numbers · · Score: 0

    All correlate with the Federal Reserve Quantitative Easing programme.

    EVERYTHING is way overpriced.

  23. Datacenters use lots of energy on Jesse Jackson, Jr. Pins US Job Losses On iPad · · Score: 1

    Energy is getting expensive.
    Datacenters are getting expensive.
    Information processing is getting expensive.
    Businesses which rely on datacenters are getting expensive (see Google's energy projects).

    etc.

    Today, right now, we are at the peak. As the oil goes, we start to slide down the other side.

    And on the other hand, people are getting cheaper.
     

  24. Stagflation hitting the USA in 3 ... 2 ... 1 ... on Local Currencies To Replace Dollar For 5 Countries' Dealings · · Score: 1

    I think I predicted this here on /. in 07/08, earlier? i'll have to google. Taken a bit longer than expected, but economies are like oil tankers. 11/12 is going to be real painful for the ordinary Joe. You now have the choice of more recession or inflation (Hint, TPTB'll pick inflation). Stockmarket's flying though, to da moon.

    This has been on the cards since 2000 and you can blame the Federal Reserve and it's owners JPM and GS.

    Note, the shit won't *really* hit the fan till oil is priced in other currencies. Gotta keep those Saudis happy.
     

  25. Energy is getting expensive on Jesse Jackson, Jr. Pins US Job Losses On iPad · · Score: 3, Interesting

    Which means the low skill jobs will be coming back.

    hth.