What I dislike about bitcoin is that if someone steals your money, you can't get it back even if you catch them. They have the password. Magic The Gathering Online eXchange, was a stupid place to entrust your passwords.
right, theres no reason a Bank should hold you bitcoins. its not like you need a vault room for them. Since we don't yet know who ended up will the ill gotten gains, isn't it possible that the culprit here is someone inside Mt Gox? who better to engineer this backdor transaction replication and to keep it unnoticed for years. But to do that they would need to have your bit coins in their vault. If you keep them they can't do that.
So given that bitcoin transactions are all known why can't they trace a suffient number of these back to wither a source or to nullify the recipient's income?
that is even if the person doing it hid there tracks at some point they would have transacted those bit coins, possibly to some third party (e.g. to convert them to dollars or buy a pony). Or they might have transmitted them into some combined tumbler to anonymize the trail. But with real currency if I rob a bank and buy a car with the money the money can be seized from the car dealer if the cops so decide. With bit coin there's no mechanism to do that. The whole bitcoin ecosystem would have to agree to the seizure to unwind the transaction trail. It would also require a lot of new non-trivial calculations to do that back multiple years.
But in principle these transactions are at least tracebale. Perhaps the problem is it's international and Mt GOx doesn't have the resources to trace this?
For maximum irony, the strategy doc states that they're toying with "we're too big to fail" as a PR angle, going cap-in-hand to other bitcoin exchanges to get bailed out.
Would have been smart to bail them out. Bitcoin just lost 92% of it's value. If you had any then you would have been better off contibuting up to 90% of what you had if it would have prevented that collapse. Likewise if your bussiness requires your customers trust the currency and like it, then a bailout would have been prudent as well.
Let's reword the headline to say what was really meant: Attention whoring for an unoriginal idea.
Okay so they build the next snap chat. What do they do the next month? Is there anything in snap chat that could not be built in 1 month by a small team? Same thing with instagram or whatsapp. What is special about those apps is simple they were there before someone else thought to do them, and the implementations were good enough to entice people to use it. Making another one? sure not a problem. But without any market share how are you going to pay the lawyers.
more like self appoint, failed and bitter biographer. "[When Assange would not cooperare with the writier]... Assange's publisher, Cannongate, releases its own version of the autobiography, after Assange allegedly fails to honour the terms of his contract. The book flopped, selling only 700 copies in its first week"
If your ghost writer turns on you, of all people, is it really fair to say one is paranoid? Sounds like his belief that people are out to get him is fairly confirmed.
75% of the $19BN is in facebook stock, so it's more like trading some tulips for some other tulips.
True from the point of view of whats.app. But that facebook stock was bought by investors using actual money and with the shares at a 100:1 P/E ratio, they probably are hoping not to spend money wisely.
During the Holland Tulip bubble, tulips became worth enormous amounts and some, like a black tulip, were exceedingly. Reportedly, the owner of a black tulip bought what he believed was the only other black tulip in existence for a prodigious sum, and then crushed it with his foot. "HaHa! Now I have the only one!" (only in Danish).
whats.app had absolutely no intellectual property and it would take less than 1 million dollars to produce a polished work-alike. All the Facebook bought was it's customer list, nearly all of which probably already use facebook.
The tulip age has returned again. Pets.com zombies walk the earth.
I don't actually know if it matters or not but I prefer Apple over other wireless routers because it's so damn braindead easy to keep them patched. Apple just pushes out firmware updates (rarely). Every other router I've owned it was a struggle to figure out if it needed a patch, how to do it. Moreover it was a source of worry even when there wasn't a problem which alone was worth any relatively small cost differential.
It is a tool. Like any other tool you apply it when your skill and experience tells you to. I belive the term commonly associated with this is "professional".
My experience is that nearly anytime you see a problem reactive programming could address you would be better off designing a program in which evaluation is lazy, and every calculation is memoized. Spend a little time designing for laziness and memoization and there's no need to lock everything into being based on a reactive language.
By the way, I thought I'd add, the only reactive style language that I've really found could get modestly complex and still not be incomprehensible is Lab view. It's event driven, and the you can literally see where and how a variable is being modified with the wires it draws (unless you like using globals. The problem with labview is feeding a wire through a lot of graphical levels is so annoying that you end up resorting to globals more than you should.). Labview takes a really different mind set to do well but anyone can be crappy at it and get the job done. It's the only program I've felt comfortable modifying in the middle of an experimental run. It's just really robust in that the errors one makes tend not to be fatal. Maybe it's because visually you can see the logic and know the scope of any side effects. But major application complexity? nope. Get complex interfaces hacked together fast? yes.
I've done reactive programs. They make fun little interface gizmhos. But holy shit, try debugging something that does something complex. You can't assure when, where and how variables might be changing in some outer reaches of your program while another part of the program is assuming they are momentarily fixed. It's going to be unpossible to seriously optimize a reactive program. So yeah for silly data base queries of simple mathematical calcs go for it. Complex programs. run away
Samsung's market cap is $184B. Apple has $150B mostly in foreign cash reserves. They should buy samsung. Then they would be able to integrate all the samsung products down to washing machines. Samsung makes mostly high quality products that have large market shares but lack their own style--mostly their style is a copycat of some other brand like Braun or Apple. So combine the modern bauhaus, apple, with a price leading high quality manufacturer. No need to look for the next big thing when you could fix so many other things just like apple did with 1) computers, 2) must players 3) printers, 4) phones 5) cameras.
Slashdot Mirror
What I dislike about bitcoin is that if someone steals your money, you can't get it back even if you catch them. They have the password. Magic The Gathering Online eXchange, was a stupid place to entrust your passwords.
right, theres no reason a Bank should hold you bitcoins. its not like you need a vault room for them. Since we don't yet know who ended up will the ill gotten gains, isn't it possible that the culprit here is someone inside Mt Gox? who better to engineer this backdor transaction replication and to keep it unnoticed for years. But to do that they would need to have your bit coins in their vault. If you keep them they can't do that.
So given that bitcoin transactions are all known why can't they trace a suffient number of these back to wither a source or to nullify the recipient's income?
that is even if the person doing it hid there tracks at some point they would have transacted those bit coins, possibly to some third party (e.g. to convert them to dollars or buy a pony). Or they might have transmitted them into some combined tumbler to anonymize the trail. But with real currency if I rob a bank and buy a car with the money the money can be seized from the car dealer if the cops so decide. With bit coin there's no mechanism to do that. The whole bitcoin ecosystem would have to agree to the seizure to unwind the transaction trail. It would also require a lot of new non-trivial calculations to do that back multiple years.
But in principle these transactions are at least tracebale. Perhaps the problem is it's international and Mt GOx doesn't have the resources to trace this?
Speed of Light: 299,792,458 m/s (meters per second)
Great Pyramid Grand Gallery: 29.9792458N Latitude
coincidence?
they have a young scientist named Peter Parker working on it.
http://bitcoincharts.com/chart...
For maximum irony, the strategy doc states that they're toying with "we're too big to fail" as a PR angle, going cap-in-hand to other bitcoin exchanges to get bailed out.
Would have been smart to bail them out. Bitcoin just lost 92% of it's value. If you had any then you would have been better off contibuting up to 90% of what you had if it would have prevented that collapse. Likewise if your bussiness requires your customers trust the currency and like it, then a bailout would have been prudent as well.
It seems you can buy anything with Facebook stock and it's value only goes up, so it's like gold
Let's reword the headline to say what was really meant:
Attention whoring for an unoriginal idea.
Okay so they build the next snap chat. What do they do the next month? Is there anything in snap chat that could not be built in 1 month by a small team? Same thing with instagram or whatsapp. What is special about those apps is simple they were there before someone else thought to do them, and the implementations were good enough to entice people to use it. Making another one? sure not a problem. But without any market share how are you going to pay the lawyers.
I'd rather hear the Neil De Gras Tyson of Rock and Roll.
more like self appoint, failed and bitter biographer.
"[When Assange would not cooperare with the writier]... Assange's publisher, Cannongate, releases its own version of the autobiography, after Assange allegedly fails to honour the terms of his contract. The book flopped, selling only 700 copies in its first week"
If your ghost writer turns on you, of all people, is it really fair to say one is paranoid? Sounds like his belief that people are out to get him is fairly confirmed.
No sell it to facebook, they will buy anything.
"HaHa! Now I have the only one!" (only in Danish).
Strange. Why would he have spoken Danish?
Because BorkBorkBork language hadn't be in--vee--ented yet?
75% of the $19BN is in facebook stock, so it's more like trading some tulips for some other tulips.
True from the point of view of whats.app. But that facebook stock was bought by investors using actual money and with the shares at a 100:1 P/E ratio, they probably are hoping not to spend money wisely.
During the Holland Tulip bubble, tulips became worth enormous amounts and some, like a black tulip, were exceedingly. Reportedly, the owner of a black tulip bought what he believed was the only other black tulip in existence for a prodigious sum, and then crushed it with his foot. "HaHa! Now I have the only one!" (only in Danish).
whats.app had absolutely no intellectual property and it would take less than 1 million dollars to produce a polished work-alike. All the Facebook bought was it's customer list, nearly all of which probably already use facebook.
The tulip age has returned again. Pets.com zombies walk the earth.
I don't actually know if it matters or not but I prefer Apple over other wireless routers because it's so damn braindead easy to keep them patched. Apple just pushes out firmware updates (rarely). Every other router I've owned it was a struggle to figure out if it needed a patch, how to do it. Moreover it was a source of worry even when there wasn't a problem which alone was worth any relatively small cost differential.
RIght. but now you are deleting most of the appeal of reactive programming by having to go back to explicitly managing dependencies.
Plus they do chromosome testing at the E_sports events, so the 50% of male gamers that pretend to be women on-line can't pass at the event.
If this had been in the US they would have had to Mirandize Mr. Miranda.
Do they use a 5 blade razor or a twin blade. Maybe one for sensitive silicon? How do they prevent them from getting clogged?
It is a tool. Like any other tool you apply it when your skill and experience tells you to. I belive the term commonly associated with this is "professional".
My experience is that nearly anytime you see a problem reactive programming could address you would be better off designing a program in which evaluation is lazy, and every calculation is memoized. Spend a little time designing for laziness and memoization and there's no need to lock everything into being based on a reactive language.
By the way, I thought I'd add, the only reactive style language that I've really found could get modestly complex and still not be incomprehensible is Lab view. It's event driven, and the you can literally see where and how a variable is being modified with the wires it draws (unless you like using globals. The problem with labview is feeding a wire through a lot of graphical levels is so annoying that you end up resorting to globals more than you should.). Labview takes a really different mind set to do well but anyone can be crappy at it and get the job done. It's the only program I've felt comfortable modifying in the middle of an experimental run. It's just really robust in that the errors one makes tend not to be fatal. Maybe it's because visually you can see the logic and know the scope of any side effects. But major application complexity? nope. Get complex interfaces hacked together fast? yes.
I've done reactive programs. They make fun little interface gizmhos. But holy shit, try debugging something that does something complex. You can't assure when, where and how variables might be changing in some outer reaches of your program while another part of the program is assuming they are momentarily fixed. It's going to be unpossible to seriously optimize a reactive program.
So yeah for silly data base queries of simple mathematical calcs go for it. Complex programs. run away
Samsung's market cap is $184B. Apple has $150B mostly in foreign cash reserves. They should buy samsung. Then they would be able to integrate all the samsung products down to washing machines. Samsung makes mostly high quality products that have large market shares but lack their own style--mostly their style is a copycat of some other brand like Braun or Apple. So combine the modern bauhaus, apple, with a price leading high quality manufacturer. No need to look for the next big thing when you could fix so many other things just like apple did with 1) computers, 2) must players 3) printers, 4) phones 5) cameras.