Viewing profile — scottnyc

No question. It's pretty evident they are aggressively spending on acquisition to boost their top line numbers. Timing wise, this effect will probably show up after they IPO and fo…

Article says friend is in Manhattan and earned (i.e. total comp) $1.2mm. Very unusual for anyone in finance to have that high a salary short of being a CEO earning $10mm+. Suppose …

Fully agree. Following suggest coal is still the main source of energy for Chinese miners. https://qz.com/1055126/photos-china-has-one-of-worlds-larges... https://www.bloomberg.com…

The number is without question much smaller than the current market cap of BTC. The current price and number of shares traded on the exchanges is not very meaningful since exchange…

I'll disagree. Gold once mined will be there for us forever. Bitcoin once mined will need us to perpetually mine it to exist. Gold will survive a nuclear war. EMP blasts, Hard driv…

This meme needs to die. You think if bitcoin became a transaction standard there wouldn't be thousands of institutions and companies servicing the use of bitcoin? You don't think C…

I see what you're saying, and that's an interesting way of thinking about the intrinsic value of Bitcoin. I suppose in estimating the value of the ledger you should also consider t…

I agree that this might be a wealth transfer to China. Bitcoin inherently does not hold any value, it is a ledger. When someone buys bitcoin, someone else sells it and takes the ca…

You know they will. But they should have no basis as this is an unregulated market and global, so local governments will have no incentive to socialize the losses of foreign citize…

I really don't understand how people can relate gold to bitcoin - other than the fact they both seem to trade at prices unrelated to fundamental underpinnings. In my opinion, bitco…

You don't get to pick just the bitcoin exchanges as well. If bitcoin ever became a standard, you would by your logic have to include every financial institution that pops up to ser…

Fair on the first point (thank you, good to learn). Still doesn't make me feel better if I send something to the wrong (yet) valid address that I have no recourse to fix that. Or i…

If you follow the money, Bitcoin does not replace fiat. If I bought $100USD of BTC on coinbase, that $100USD goes to someone else who sold me their BTC. It's still fiat. I'm not co…

I view this paper with both love and hate. I think it's technically brilliant and fascinating, and at the same time incredibly naive and will do far more harm than good in this wor…

As someone who is neurotic about parking (I will walk up and down the street 3 times making sure I didn't miss anything), I think this is wonderful. I don't care if it's hard to re…

I really like this. However, I don't see anything regarding the terms and valuation which I would invest at. How can one responsibly invest without know what my $1000 actually gets…

I really like this idea. As someone who doesn't have an office to send packages to or a doorman, I will use it. I'm actually interested in seeing how they'll address utilization if…

Definitely. One reason why we created it was that even though Facebook and twitter can add location to posts, no one really uses it in the proper mindset. On facebook, you're const…

Hey guys, we've seen similar ideas coming out recently so we wanted to get our work out there and try to validate the idea. What we've created is a way to let people leave messages…

I for one couldn't agree more that yelp has gotten a little bit out of control. So much so, that my personal project has been to make an alternative (but solely focused on restaura…

If this was implemented, I'd imagine the quality of names for RMS candidates would drop off a cliff! I've got to imagine that everyone who reads these forums has at least 2-3 domai…

I as well. I've been 'lurking' on hacker news for almost two years. It doesn't mean I don't want to participate, it's just that whenever I do have something to say it's typically b…