Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
sassypants
searching Neon…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
4 ms
·
1.
▲
Ask HN: Best practices for OS X dev environments
61 points
by
sassypants
12y ago
|
56 comments
2.
▲
I Taught Shanley Kane How to Troll, And I’m Sincerely Sorry
(breitbart.com)
16 points
by
sassypants
12y ago
|
1 comments
3.
▲
by
sassypants
12y ago
Can you pick 20 small cap stocks which have outperformed the dollar over four years? Are there tens of thousands of merchants that will accept said stocks as payment for their products? Are there payroll systems and employees eager to accep
4.
▲
by
sassypants
12y ago
I've been through college level statistics classes. Nothing I learned in them suggested that holding currency for less than a year was an appropriate measure of savings. You're complaining that Bitcoin hasn't been around long
5.
▲
by
sassypants
12y ago
Bitcoin remains the best and most liquid savings vehicle over the last five years of its existence. Assuming savings = holding currency for over 1 year. On 98% of the days that you could have purchased Bitcoin you would have realized an inc
6.
▲
by
sassypants
12y ago
But that's my point. Arbritrarily declarations that exponential growth must stop soon are not meaningful in the positive or negative. There are reasonable methods, however, to estimate likely outcomes of successful growth. I think its
7.
▲
by
sassypants
12y ago
In my example I was using a 1 year horizon. So none of those closing prices would be charted until they had a year to mature. I think I would need to make a slider so that you could explore the concept at various time horizons -- 8 months m
8.
▲
by
sassypants
12y ago
I've been meaning to build a chart to evaluate this. The question would be: What are the longest periods of time one could have held Bitcoin and lost money? And secondarily, how frequent were the opportunities to have lost money? My
9.
▲
by
sassypants
12y ago
But why would it stop sooner than a $200 billion market capitalization? Or $700 billion for that matter? When Facebook was raising money at $10 billion valuations would it be wise to predict that it had to "stop very soon"? I don&
10.
▲
by
sassypants
12y ago
Bitcoin has shown predictable, steady growth sustained over a many year period. https://i.imgur.com/kV2IRT5.png Tulips experienced exponential an order of magnitude shift in price during the course of one year in 1637. Unli
11.
▲
by
sassypants
12y ago
What exactly is the problem with a store of value with 500% annual returns? I read people talking about the supposedly awful volatility, but they fail to mention that the volatility has a very distinct trajectory. Bitcoin is volatile as it