'The much-anticipated ‘Keurig 2.0’ single-cup brewing system with ‘interactive readability’ (that doesn’t work with unlicensed/copycat pods) will offer such “game-changing functionality” that consumers - and unlicensed players - will want to switch.'"
I predict the CEO is correct, but may be misunderstanding the direction of the switch.
Why did people lose their bitcoins? Surely any sensible person would keep their coins in their own wallet. The nature of bitcoins is that it is a distributed currency, so the only reason for bitcoins to leave your wallet is when you are making a payment. So the only potential for loss when an exchange stops trading should be those who have initiated the transaction to convert bitcoins into fiat currency but have not received it.
People had bitcoins on MTGox because they were buying and selling them in an attempt to outguess the market. Once upon a time, people had their bitcoins on MTGox only for a short time in order to convert them to a currency and withdraw or to put currency in and exchange it to bitcoin, but at some point, MTGox started to suck at being able to distribute out currencies, so there was no point for the site at all other than speculation.
(Note: one of the differences between the scientific method and other belief systems is that new results are often are used as evidence to alter the belief, i.e. hypothesis, so the belief system expands.)
As far as I have seen, both the scientific method and other belief systems both do that, although most religions are much more slow to accept change than science. But science is getting more and more set in its ways as well, these days.
A lot easier to rob too, just grab the one server with the bit coin data on it and walk out the door, far easier than hanging out and breaking into a big heavy safe.
Except, of course, that any institution with any brains would have multiple copies of that data and it would be encrypted. So stealing it would do no good for the thief as they can't use it, and stealing it would do no harm to the company because they have another copy.
Sounds just like those stock pump-and-dump spam emails I get.
Seems more like dump and buyup to me. At this stage it is a lot easier to create negative publicity and uncertainty to drive the price down, and then buy in as it restabilizes. Pump and Dumps work the opposite. They hype the heck out of something to drive the price up, and then sell . And, of course, the main difference in a Pump and Dump is that they move on to another stock. Bitcoin seems to rebound so fast that they are able to Dump and BuyUp sometimes a couple of times a month.
Is there some script or something that we could run that would scan for commenters that reference pyramid or ponzi in a bitcoin article and just automatically band them from future comments on bitcoin? Clearly anyone who makes such a comment is unfamiliar with bitcoin or pyramid schemes or more likely both, and their opinions are meaningless.
Yea, nobody's ever taken a photo or a video in a bar before with a phone.
Sure they have. And sometimes they get attacked. Happens all the time. But since it is not google glass, it doesn't make it to slashdot. People don't like to be recorded without their permission. It doesn't matter if it is google glass. This article attempts to make it sound like google glass users are a group that is discriminated against. That is not the case.
Unless, of course, the only reason they were threatening you is because you were recording. Then recording is just stupid.
Also, for telephone conversations in California are an all party consent state for recording. Everyone has to agree before you can record. Stands to reason that the same should be true for other types of recording.
there's been less than a 1% raise over 2 years, I'm paid below market, we're constantly short-staffed, there's no training provided for new software, and there's no room to grow.
Luxury! I haven't had any adjustment at all since 5 years ago, and back then the adjustment only brought me up to about 70% of market rate. Of course, there is a fallacy about market rate. On the one hand, yes most people who do that job get $X, but then there is another portion of people who are in that profession and get paid 0, because they can't find a job. Then there are people who are in that profession, but get $X/3 because they decided to go manage a Burger King because they couldn't find one of the few jobs that pay $X.
One of the recurring pitfalls even good programmers run into is that it is often more fun (and affirming) to write their own implementation then to figure out how to use someone else's.
Yes, also more efficient and less full of bloat and better tuned for your purpose.
Where do you need a bank for when you have Bitcoins?
The principle behind Bitcoin is that it is a distributed system, and payments can be made in a "peer-to-peer" fashion.
The OP is wrong. Mt.Gox was not like a bank. It was a currency exchange.
You're correct. Using c ash as in investment is idiocy. Almost every single cash currency is inflationary. The USD specifically, claims about 3% inflation, meaning that if you put your dollar in your sock drawer, and go try to spend it the next year, it won't be able to buy as much. For example, last year's dollar would have bought you a McDouble at McDonald's. If you had insteadput that dollar in your sock drawer, you would NOT be able to buy a McDouble with it now, because now McDoubles are $1.19. (note that although the U.S. Government claims 3% inflation, most items, including McDoubles have gone up by about 20% in the last year. Sometimes the CPI index tries to hide this fact by claiming that a "Case" of soda still costs the same this year, even though a "case" of soda is now 20 cans instead of 24. Similarly, girl scout cookies cost the same as last year, but the box has gotten smaller.).
So yes, using cash as in investment is sheer idiocy. In fact, with the real inflation rate being what it is, it makes more sense to borrow money and spend it now, because the dollars you use to pay it back will be worth far less in the future.
The value of the USD changes thousands of times a day as well. It is not as volatile as bitcoin, but there have been days when it has changed by several percent. Restaurants don't change their prices when this happens. They change their prices when the value of the USD remains fairly consistently at a new level for probably several months.
If restaurants decided to take Bitcoin, they would probably do it in the same way, except that there would probably be a "bitcoin premium" to cover the risk due to the bitcoins being more volatile.
Terrorists could easily kill more people in a different place rather than a plane. However, the prospect of 100 people cascading out of the sky is more terrifying than 100 people getting killed on the ground. So a "Terrorist" would want to maximize the terror by blowing up a plane, rather than blowing up a security line.
They need a lot, so they can foil all of the terrorists.
Not really. If they just took the foil off of a stick of gum, they would have enough to wrap every terrorist they have caught in 10 layers of foil, and still have enough to cover a stick of gum.
At today's minimum wage, astronauts, brain surgeons, and the President of the United States should be making about $60K a year, and it should only go down from there.
Well, that would at least be an effective way of making sure that nobody ever put forth the investment necessary to become an astronaut, brain surgeon or President of the United States.
I don't "Need" $200 million, but I would really be pissed if someone offered me that as a salary and some dumb law said that they can't pay me that much.
Occupy wall street was a protest against the rich in the little country known as USA.
I thought it was an exercise in irony, especially since the median income of the protestors is undoubtedly higher than mine, and I consider myself upper middle class.
Never tried online. never wanted to. I also was confused by the capers. It said you could re-use henchman to increase their experience, and then there were maybe three capers you could do in the whole game. I had it in my mind that after I finished the storyline that i would be going back and "leveling" my henchman by redoing capers. But no. You can redo the capers, but it is like starting from ground zero each time.
Slashdot Mirror
'The much-anticipated ‘Keurig 2.0’ single-cup brewing system with ‘interactive readability’ (that doesn’t work with unlicensed/copycat pods) will offer such “game-changing functionality” that consumers - and unlicensed players - will want to switch.'"
I predict the CEO is correct, but may be misunderstanding the direction of the switch.
Why did people lose their bitcoins? Surely any sensible person would keep their coins in their own wallet. The nature of bitcoins is that it is a distributed currency, so the only reason for bitcoins to leave your wallet is when you are making a payment. So the only potential for loss when an exchange stops trading should be those who have initiated the transaction to convert bitcoins into fiat currency but have not received it.
People had bitcoins on MTGox because they were buying and selling them in an attempt to outguess the market. Once upon a time, people had their bitcoins on MTGox only for a short time in order to convert them to a currency and withdraw or to put currency in and exchange it to bitcoin, but at some point, MTGox started to suck at being able to distribute out currencies, so there was no point for the site at all other than speculation.
(Note: one of the differences between the scientific method and other belief systems is that new results are often are used as evidence to alter the belief, i.e. hypothesis, so the belief system expands.)
As far as I have seen, both the scientific method and other belief systems both do that, although most religions are much more slow to accept change than science. But science is getting more and more set in its ways as well, these days.
A lot easier to rob too, just grab the one server with the bit coin data on it and walk out the door, far easier than hanging out and breaking into a big heavy safe.
Except, of course, that any institution with any brains would have multiple copies of that data and it would be encrypted. So stealing it would do no good for the thief as they can't use it, and stealing it would do no harm to the company because they have another copy.
Sounds just like those stock pump-and-dump spam emails I get.
Seems more like dump and buyup to me. At this stage it is a lot easier to create negative publicity and uncertainty to drive the price down, and then buy in as it restabilizes. Pump and Dumps work the opposite. They hype the heck out of something to drive the price up, and then sell . And, of course, the main difference in a Pump and Dump is that they move on to another stock. Bitcoin seems to rebound so fast that they are able to Dump and BuyUp sometimes a couple of times a month.
Is there some script or something that we could run that would scan for commenters that reference pyramid or ponzi in a bitcoin article and just automatically band them from future comments on bitcoin? Clearly anyone who makes such a comment is unfamiliar with bitcoin or pyramid schemes or more likely both, and their opinions are meaningless.
Tis just a fleshwound, right? You buttcoiners sound like the Black Knight after ever single one of these major issues. Gotta keep the faith, eh?
Well, MTGOX traded in USD and JPY and GBP and several other currencies as well. I suppose this is the beginning of the end for all of those as well.
I don't go to bars at all, it's just that I can and sometimes do read.
Yea, nobody's ever taken a photo or a video in a bar before with a phone.
Sure they have. And sometimes they get attacked. Happens all the time. But since it is not google glass, it doesn't make it to slashdot. People don't like to be recorded without their permission. It doesn't matter if it is google glass. This article attempts to make it sound like google glass users are a group that is discriminated against. That is not the case.
Unless, of course, the only reason they were threatening you is because you were recording. Then recording is just stupid.
Also, for telephone conversations in California are an all party consent state for recording. Everyone has to agree before you can record. Stands to reason that the same should be true for other types of recording.
Luxury! I haven't had any adjustment at all since 5 years ago, and back then the adjustment only brought me up to about 70% of market rate. Of course, there is a fallacy about market rate. On the one hand, yes most people who do that job get $X, but then there is another portion of people who are in that profession and get paid 0, because they can't find a job. Then there are people who are in that profession, but get $X/3 because they decided to go manage a Burger King because they couldn't find one of the few jobs that pay $X.
$16,000 a year is minimum wage here, you can't even afford to live on the east or west coast at that wage.
Just a point of clarification. There is nowhere in the United States where one can afford to live on minimum wage.
One of the recurring pitfalls even good programmers run into is that it is often more fun (and affirming) to write their own implementation then to figure out how to use someone else's.
Yes, also more efficient and less full of bloat and better tuned for your purpose.
Mt.Gox is like a bank
Where do you need a bank for when you have Bitcoins? The principle behind Bitcoin is that it is a distributed system, and payments can be made in a "peer-to-peer" fashion.
The OP is wrong. Mt.Gox was not like a bank. It was a currency exchange.
You're correct. Using c ash as in investment is idiocy. Almost every single cash currency is inflationary. The USD specifically, claims about 3% inflation, meaning that if you put your dollar in your sock drawer, and go try to spend it the next year, it won't be able to buy as much. For example, last year's dollar would have bought you a McDouble at McDonald's. If you had insteadput that dollar in your sock drawer, you would NOT be able to buy a McDouble with it now, because now McDoubles are $1.19. (note that although the U.S. Government claims 3% inflation, most items, including McDoubles have gone up by about 20% in the last year. Sometimes the CPI index tries to hide this fact by claiming that a "Case" of soda still costs the same this year, even though a "case" of soda is now 20 cans instead of 24. Similarly, girl scout cookies cost the same as last year, but the box has gotten smaller.).
So yes, using cash as in investment is sheer idiocy. In fact, with the real inflation rate being what it is, it makes more sense to borrow money and spend it now, because the dollars you use to pay it back will be worth far less in the future.
The value of the USD changes thousands of times a day as well. It is not as volatile as bitcoin, but there have been days when it has changed by several percent. Restaurants don't change their prices when this happens. They change their prices when the value of the USD remains fairly consistently at a new level for probably several months.
If restaurants decided to take Bitcoin, they would probably do it in the same way, except that there would probably be a "bitcoin premium" to cover the risk due to the bitcoins being more volatile.
How did it lose 92% of it's value when it is still trading for about half of the all time high on bitstamp - and bit-e?
1 person in 15 uses the program, and out of the hundreds of people I know, nobody uses it.
Terrorists could easily kill more people in a different place rather than a plane. However, the prospect of 100 people cascading out of the sky is more terrifying than 100 people getting killed on the ground. So a "Terrorist" would want to maximize the terror by blowing up a plane, rather than blowing up a security line.
They need a lot, so they can foil all of the terrorists.
Not really. If they just took the foil off of a stick of gum, they would have enough to wrap every terrorist they have caught in 10 layers of foil, and still have enough to cover a stick of gum.
At today's minimum wage, astronauts, brain surgeons, and the President of the United States should be making about $60K a year, and it should only go down from there.
Well, that would at least be an effective way of making sure that nobody ever put forth the investment necessary to become an astronaut, brain surgeon or President of the United States.
I don't "Need" $200 million, but I would really be pissed if someone offered me that as a salary and some dumb law said that they can't pay me that much.
You forgot: test the ones that work again and again, with more and more input until all of them fail, and then publish the last one that failed.
Occupy wall street was a protest against the rich in the little country known as USA.
I thought it was an exercise in irony, especially since the median income of the protestors is undoubtedly higher than mine, and I consider myself upper middle class.
Never tried online. never wanted to. I also was confused by the capers. It said you could re-use henchman to increase their experience, and then there were maybe three capers you could do in the whole game. I had it in my mind that after I finished the storyline that i would be going back and "leveling" my henchman by redoing capers. But no. You can redo the capers, but it is like starting from ground zero each time.