tatsuke95

5 ms·

1.
by tatsuke95 13y ago
> Whatever Kurgman says, it is good to keep in mind that he is an economist turned partisan-politics hack. Funny thing,I called MG Seigler a hack, and was attacked. Even PG came out of the word works to say he was "embarrassed" by the
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by tatsuke95 13y ago
>In the mean time most people in Western Europe suffer far less from the economic crisis than most Americans I was with you until this. Europe is suffering because of their austerity choices. Unemployment reached, like, 25% in Spain,
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by tatsuke95 13y ago
Which is exactly what the hypothesis says. Assume that others are using arbitrage to reduce your opportunities, leaving you with an efficient market.
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by tatsuke95 13y ago
Free floating has nothing to do with whether or not I can buy Rupees on the open market. If I choose to buy a ton, it could cause problems with their central bank who will have to produce supply in order to maintain the exchange peg. My po
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by tatsuke95 13y ago
If nobody is using Foursquare then there is no location data to sell.
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by tatsuke95 13y ago
> but I want to say $21MM is the pool that the exchange has to puke to the "plaintiffs". This is actually back in the news. And the value that the banks are looking to recover is closer to $500MM. http://www.swissinfo.ch/eng/business
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by tatsuke95 13y ago
> "However, BTC China is still trading at above $275! That's the beauty of bitcoin, it isn't restricted to just one region in the world." This is a flaw, not a benefit. I want to know what the value of my BTC are. Not what they are h
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by tatsuke95 13y ago
> "service designed to help accounting and bookkeeping service providers manage the payroll for multiple companies." The last time ZenPayroll made the front page, I (and others) were skeptical about the ability to usurp some of the big
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by tatsuke95 13y ago
> "The grants generally come with a lot of reporting and strings attached, and generally require very large investments to be worthwhile. We can get R&D tax concessions" I have a bit of experience with SRED in Ontario, and quite a
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by tatsuke95 13y ago
It's the merchant's duty to ensure that the person who is charging the purchase owns the credit card, which is why they'll often ask for ID along with the CC. A stolen CC is useless if no merchant accepts it.
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by tatsuke95 13y ago
> "Wow, this company went through YC?" And was actively defended and supported the last time a thread came up questioning the issues that Coinbase was having: https://news.ycombinator.com/item?id=5427985 Turns out those questions wer
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by tatsuke95 13y ago
I can only assume the prospects get worse with the movement towards online classes and learning. How many 101 classes can't be taught nearly exclusively online? That will reduce the demand for PhDs and supply of positions further.
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by tatsuke95 13y ago
> "I don't know what will." The major exchange getting DDOS'd, a popular online wallet service provider getting hacked, and a plunge in the price of Bitcoins perhaps. All of this days after the discussion around here was about BitCoins
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by tatsuke95 13y ago
Just like houses in 2007, or Apple stock last year, or Tulips in 1637... Bitcoins are one asset among many, and just as prone to booms and busts.
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by tatsuke95 13y ago
> "The assumption that inflation is automatically better is 'common knowledge' based on theories of economics developed that classify savings as bad, and spending as good, based on the assumption that deflation will cause consumption to
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by tatsuke95 13y ago
You can start with anything by Bernanke related to the subject, both writings and speeches.
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by tatsuke95 13y ago
> ""Having your net worth halved" happens in the inflation scenario. Deflation increases your net worth." Interesting. We've been in a positive inflation environment since I've been born, and my net worth has increased exponentially.
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by tatsuke95 13y ago
> A curious retelling of history. By you, perhaps. Economic crisis, couldn't pay the bills, so they inflated the currency. Just like I said. Are you really going to argue that there was no war or aftermath, social upheaval or other c
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by tatsuke95 13y ago
> "I hear this argument a lot, but no nation that we know of has ever collapsed because of deflation, right?" And which have collapsed from inflation? None, directly. Hyperinflation (and deflation) is an effect of an economy collap
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by tatsuke95 13y ago
Why would you compare gold to one mediocre and one bad investment? It seems that few people here understand opportunity costs.
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by tatsuke95 13y ago
> "In fact we see deflation in specific markets like housing which helps to clear out the bad decisions and mistakes and set the base for future expansion." Periods of asset deflation after over-investment/economic distortions may act
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by tatsuke95 13y ago
And the spread between bid/ask in the real world is large. Unless you own "paper" metals, you aren't exchanging them for the rates you see on the ticker.
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by tatsuke95 13y ago
Bonds...
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by tatsuke95 13y ago
Everyone can't hoard bit coins, that's the point. Unless you are mining them, which is a small portion of the market I assume, you are buying them from another person. Ie someone else has decided to sell. I get bit coin, I think it's inter
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by tatsuke95 13y ago
I think you seriously underestimate the demand and use of dollars.
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by tatsuke95 13y ago
Increasing value of currency promotes hoarding, when in fact, bit coin should be promoting spending. If everyone's intention is to buy and hold bit coins,they are useless as currency and become a speculative asset.
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by tatsuke95 13y ago
SV mentality. Dwolla is too good for my 75k? Good for them. Companies like BofA, Walmart, GE, and literally thousands of other companies would love to take that money and put it to use. Only in the upside down world of SV would you have
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by tatsuke95 13y ago
According to Damodaran's corporate finance class, 60% of acquisitions fail in some for or another.
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by tatsuke95 13y ago
> "programmers swear slightly more than average and some are socially awkward" I agree, but it will be interesting to watch this trend shift over time. There was a time in the not-so-distant past when if you were a computer guy, you w
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by tatsuke95 13y ago
How would you like to wake up one day and discover that your picture is all over the internet along with sexist/misogynistic accusations, and for all intents and purposes, you have no idea what you did wrong? Then you go to work and get ca

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