hxta98596

8 ms·

1.
by hxta98596 8y ago
I remember your website. I was at a hedge funds that used your service. I had a few conversations by email and by phone with your partner too (nice guy and went to a good MBA school if I remember). I understand why there were maybe bigger a
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by hxta98596 9y ago
Hey Michael, nice article. I saw in a comment you said students frequently ask you "how do I come up with a good startup idea?" and I know in the article you also included "This by no means the only path to an MVP...but it is
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by hxta98596 9y ago
Looks like it's just another data-mined modification of Relative Strength Index (RSI) applied to bitcoin. Here is the wikipedia on RSI: https://en.wikipedia.org/wiki/Relative_strength_index Some variations of RSI
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by hxta98596 9y ago
That link is not to the Price is Right TV show. The "Price is Right" brand has a traveling live theater production as well called Price is Right Live. Tickets to that cost money. Tickets for the real TV show in Los Angeles are fre
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by hxta98596 9y ago
Our website promoting local short-term small businesses like popup shops and food trucks and "summer businesses" launches January 1. Our first feature story is an article and podcast interview about the Christmas tree store popup
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by hxta98596 9y ago
The contestant selection for the Price is Right television show isn't random. You're spot on, a producer selects the contestants based on a quick interview with each audience member before the show. Even if the selection process h
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by hxta98596 9y ago
Very difficult to lose 75%. Takes skill. The psychology of traders in any market, especially amateur traders, is such that loss aversion kicks in much stronger and quicker than they realize and many traders will get scared and sell during s
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by hxta98596 9y ago
Nice read, thanks.
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by hxta98596 9y ago
No. The price never reached a 570% gain so your "most likely" is impossible. The error in the article confusing percentage and multiples is one of a common math errors and the most likely explanation. 382 is 5.7x the price paid or
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by hxta98596 9y ago
Hope. Hope is a two sided coin. Yes gamblers or speculators or whatever they may be called could go to casinos in person. Or gamble via online poker. Or go bet on a horse race. Or on sports via a bookie. Or trade bitcoins from their phone.
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by hxta98596 9y ago
Nice comment, you seem like you know your stuff. My opinion is without fundamentals or historical or correlated assets here you can't price tail risk beyond throwing a dart. Look at the Futures margin reqs, it's like 40%. A ridicu
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by hxta98596 9y ago
Hedging is a valuable practice. But my point was the old option modeling, Black-Scholes for example, doesn't work in Bitcoin markets: firstly because Bitcoin markets don't have the same structure or offer the same inputs as equiti
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by hxta98596 9y ago
You're right. And I agree, the missing info about the contracts and the overall derivatives market here plus the expiration and strike being so far away makes calculating IV or delta or vega or convexity or well calculating anything pr
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by hxta98596 9y ago
You're the CEO of this company? Well congrats on the WSJ article. Can I ask who books writing a large trade like this? Basically are you making this market and $1 million dollar trade like this would need to contact you guys to write i
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by hxta98596 9y ago
A call option also means someones else took the other side of this trade. Who sold $1 million dollars worth of December 2018 Bitcoin $50K call options? Also there's a back of the envelope implied volatility for Bitcoin here: on a $3k c
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by hxta98596 9y ago
Well when one has been doing Bad Hemingway for 60 years, it makes sense to get good at it.
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by hxta98596 9y ago
This is spot on. My comment on this thread tried to give some background on how the cargo cult part. The experienced Excel users I know also keep the F1 key right on the keyboard and remap it.
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by hxta98596 9y ago
Whoa, I briefly worked on a project related to this, over in Redmond, like 20 years ago (ya I'm an oldie). So weird to see this being talked about in 2017, based on an article from 2012!?! My background is in banking, here is some addi
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by hxta98596 9y ago
Congrats to the ycr team on the progress and accomplishments to date. I must say after reading through to the full proposal, I was a little disappointed it doesn't include much that stood out as different or "disruptive" or &
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by hxta98596 9y ago
Bitcoin appears to be turning into a relatively standard commodity arbitrage market (in the real world sense of arbitrage not the academic sense). The article is right to compare to gold in this sense. People seem to get caught up on the wo
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by hxta98596 9y ago
Gotcha. Well the funds are not illegal or secret, let's put it that way :) I do think the world of Wall St. and Washington would make a crazy interesting movie. Maybe the "evil" funds buy stakes in various companies then lobb
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by hxta98596 9y ago
This sort of exists. It's not evil or secret though (funds can't make the large $ amount sized trades they need to do and keep it secret). Also while some funds do employ a type of 'regulatory risk arbitrage' it's u
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by hxta98596 9y ago
I found this comment unfortunate, I'd prefer not to debate like this. I wish you a lot of success with your business, I'm rooting for you, and us, and all small businesses. Some websites I use to check facts and numbers: https:&#
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by hxta98596 9y ago
Glad to see they came up a creative solution to stay open and it's working. If my local bookstore needed sponsorship to stay open I would be first in line to donate. With that said, something feels off-putting when I read these stories
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by hxta98596 9y ago
> What is he talking about? What are you talking about? > Higher taxes prevent business owners from hiring more people and from being able to offer decent wage growth. No. I'm not in favor of high taxes but this statement is not
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by hxta98596 9y ago
Anecdotal: there's a few different approaches to learning songwriting that seem to click for beginners. The "build up" approach is the most common and is what this link offers: It first teaches beats, then chords, then melodi
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by hxta98596 9y ago
I wonder if the opacity and significantly less money coming from YouTube (YT) here is a bit of "Headline bad - Bottom line pad" i.e. When a business encounters a major problem like this, fix the problem ASAP but also use these o
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by hxta98596 9y ago
Interesting idea but very weird video. A couple thoughts: 1. "Boring Company" is such a great, funny and fitting name for a tunneling startup. FYI there are people who get so excited about a name they think is just perfect (or tit
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by hxta98596 9y ago
Nice comparison. I'm also familiar with "70% solution". One thing to add: officers, and hopefully business leaders, are taught how to build a theoretical list of what approximately 100% of the information, questions and answe
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by hxta98596 10y ago
> when you sell youre moving your safe assets to risky assets That's not exactly what he is saying nor what he means. Both are risky assets. A 100% owned business you deeply understand is still a very risky asset. On its own. I agre

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