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sillysaurus2
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by
sillysaurus2
13y ago
Honest or not, starting a startup for the sake of making money (whether that money will fund a more altruistic "end-goal" or not) is probably not the right reason to build a company. Making money was exactly pg's reason for
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Ask HN: Why would MtGox delete all their tweets if things are going to be okay?
5 points
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sillysaurus2
13y ago
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3 comments
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sillysaurus2
13y ago
Step back and ask yourself: What are my assumptions? Why do I believe these assumptions to be true? What if they aren't true? You have at least 50 years ahead of you. That's a long time. But the next 5 years will profoundly sha
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by
sillysaurus2
13y ago
The reason I submitted this is because it's an interesting phenomenon that fortunes can be lost or made so rapidly. (An MtGox bitcoin can currently be sold for 0.4 bitcoin, so this was quite a lot of money being lost or made over the l
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MtGox price: $160 to $270 to $212 to $290 to $199 to $250 in the last hour
(bitcoinwisdom.com)
8 points
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sillysaurus2
13y ago
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20 comments
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sillysaurus2
13y ago
The developer is Gregory Maxwell, aka nullc. Here's a very interesting thread in which he proposes that the bitcoin community should demand that every bitcoin exchange (and every other type of service which can hold bitcoin on your be
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Gmaxwell's “prove how (non)-fractional your Bitcoin reserves are” scheme
(iwilcox.me.uk)
114 points
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sillysaurus2
13y ago
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76 comments
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sillysaurus2
13y ago
Docker can be used as a screen replacement?
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sillysaurus2
13y ago
Agreed. How could Gox imploding result in a better bitcoin world? I'd lose a ton of money, so my little world would be directly worsened. The price of bitcoin is now about $500, but it likely would've stayed >$650. And now peop
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sillysaurus2
13y ago
http://www.amazon.com/Fire-Upon-Deep-Zones-Thought/dp/081251...
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sillysaurus2
13y ago
This is mincing words. It's an attack on bitcoin. Many major exchanges were shuttered while they dealt with it, for example. It's certainly not an attack on not-bitcoin, so therefore it's an attack on bitcoin.
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sillysaurus2
13y ago
True, but we'll never know if they used unsalted SHA1 or scrypt. Is there no value in putting a technical note at the end of press releases like this?
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sillysaurus2
13y ago
Ah yes, here's another website that stores "encrypted passwords." What's an encrypted password, again? More seriously, why is the social convention to lie in these situations? Why not just say what methods they were act
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sillysaurus2
13y ago
More seriously, if the software was set up to retransmit bitcoin after a "failed" transfer, then that service could be exploited automatically. Mostly, this wasn't a social attack. The seriousness was that many services we
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sillysaurus2
13y ago
The seriousness of this attack is that several major bitcoin services lost a lot of money because of it. It's an attack.
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sillysaurus2
13y ago
The plugin folder is writable by current logged in user so a trojan dropper can easily load a malicious plugin. Maybe I'm missing something, but if you allow for the fact that a virus is already on your system, then you've alrea
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sillysaurus2
13y ago
http://paulgraham.com/trolls.html News.YC is, among other things, an experiment to see if this fate can be avoided. The sites's guidelines explicitly ask people not to say things they wouldn't say face to face. I
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sillysaurus2
13y ago
I suppose Gox could be buying up all the goxcoins less than $300. But then you'd see a decrease in future volume until the volume reaches zero. They wouldn't do that, because they're not smart enough to pull it off without
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sillysaurus2
13y ago
What you did was completely against the rules: http://ycombinator.com/newsguidelines.html When disagreeing, please reply to the argument instead of calling names. E.g. "That is an idiotic thing to say; 1 + 1 is 2, not
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sillysaurus2
13y ago
I apologize that my original comment was lightweight and lacking sources. If I make such a claim, I should back it up with sources. I'm about to fall asleep though, and I don't remember where precisely I saw it. Within the last
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sillysaurus2
13y ago
Warning: using a permissive license like BSD or MIT will make certain people hate you. I was a bit shocked to discover this.
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sillysaurus2
13y ago
There's a lot to learn from genetic diversity Good comment. Hopefully this leads to some thought-provoking material... rather than applying the racism badge to it every fucking time and ignoring it to pacify some over-sensitive idi
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sillysaurus2
13y ago
It's almost impossible to imagine someone reading their comment and misunderstanding them, unless they were bad at reading English. The point you're trying to make is based on the mistaken assumption that they were being unclear.
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sillysaurus2
13y ago
Actually, you comprehended them just fine. This is why I'm saying people are prejudiced. A prejudice is when people aren't consciously aware of why they're mistaken.
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sillysaurus2
13y ago
Counterexample: https://news.ycombinator.com/item?id=2483053 Replace Drew's intentional lack of capitalization with this "your/you're swap," and you've got the same situation. It seems like pe
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sillysaurus2
13y ago
This comment thread is toxic, and it's regrettable that you created it. Look at the replies you've engendered. Quibbling over grammar is not why most people read HN. Drew Houston writes without capitalization. Would you say th
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sillysaurus2
13y ago
Probably not. CloudFlare only makes sense for websites because they can cache content, resulting in a more responsive website and better user experience. Games can't be cached, so whatever protections they can offer will come at a dow
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sillysaurus2
13y ago
Airbnb provides a lot of help for people without a lot of money. I would've been in a bad position if not for Airbnb. Dropbox has made my life a lot less stressful. HN gives us all so many opportunities. For example, the monthly &quo
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sillysaurus2
13y ago
But if you asked me for the one reason why it didn’t work out, the truth is that it just wasn’t fun anymore Is YC fun? Not the dinners. The work you're there to do. It seems like doing a successful startup is closer to this than to
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sillysaurus2
13y ago
You're an awesome person. Thank you for your concern. The last thread helped me come to peace with the situation. Thanks to the community's commentary, the obvious was made clear: There's no scenario in which it's ever
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