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Kik, once valued at $1B, is to be closed

forbes.com

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Re: Kik, once valued at $1B, is to be closed

#81

Post by quaquaqua1 »

coralreef wrote: post #80
chx wrote: post #78

Cryptocurrencies are scam. End. This is very simple. Yes, they are a new kind of scam, a good name suggested is Nakamoto Scheme. https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ Also notable: https://davidgerard.co.uk/blockchain/2018/04/05/debunking-bu... which doesn't outright call it a scam but certainly points out > Git gives you pretty much everything offered by the business case for blockchains. The one thing…

Right. I'm going to challenge you to: - prevent or reverse any of my transactions - confiscate my bitcoin, or even find out how much I have You can't, and never will. Some cryptocurrencies are scams. But if you're saying all cryptocurrencies are scams, you're simply saying math and economics are a scam.

Agreed. Certain banks are scams. Certain coins are scams.

The technical layer is entirely separated from the business layer.

Re: Kik, once valued at $1B, is to be closed

#82

Post by mirimir »

seph-reed wrote: post #22
mirimir wrote: post #20

Earlier quoted context omitted.

That's a standard tactic. I mean, the FBI ran Playpen, a Tor onion site for sharing CP, for almost two weeks, while dropping phone-home malware on users' devices. Edit: I forgot to include a link.[0] And this was just one operation. I suspect that there are teams at the FBI that specialize in CP operations. 0) https://www.vice.com/en_us/article/qkj8vv/the-fbis-unprecede...

I'm not sure if this is what OP meant, but a year is long time. It was literally some teams job to share CP on kik for a whole year. That's a long damn job.

Also, for normal people, hardcore amateur CP doesn't really come across as sex. It's mainly about punishment, humiliation and touture. So in that sense, I suspect that it's easier to live with.

Re: Kik, once valued at $1B, is to be closed

#83

Post by sova »

imglorp wrote: post #47
bdcravens wrote: post #46

Earlier quoted context omitted.

While terminating the app that gave them all of their tech credibility.

Sounds like the margin on a chain and ICO is way higher than an app with all that pesky overhead like ... product.

Yeah, they had better relaunch with a similar platform immediately, preferably slimmed down and not susceptible to gross stuff, or it will really go from product into vaporware which is a funny transition to say the least

Re: Kik, once valued at $1B, is to be closed

#84

Post by [deleted] »

SolarNet wrote: post #21
Deimorz wrote: post #19

This is just Forbes blogspam of the original blog post: https://medium.com/@tedlivingston/moving-forward-boldly-with... It was submitted to HN here, and I noted that it would be unlikely to get attention because of its title: https://news.ycombinator.com/item?id=21055034 HN's strict title rules encourage submitting blogspam that writes sensationalized titles like this (and it's even been dialed back now).

Except it adds context about the child abuse on Kik and some of the issues facing it. It's half blogspam, but it isn't entirely.

[deleted]

Re: Kik, once valued at $1B, is to be closed

#85

Post by dehrmann »

colechristensen wrote: post #42

Wow. People are ridiculous about cryptocurrencies and the SEC's authority to regulate securities (and decide what a security is). To have an enormously engaged platform with a moderation problem and a cryptocurrency with an SEC problem and to pick the SEC problem is ... I'm sorry for the workers, their families, and their investors that they're losing their jobs and the work they put into the platform will just be go…

I bet the core business was in trouble, so they downsized, threw a Hail Mary, and are pitching it as a pivot.

Odd that they didn't try to sell the core product, though.

Re: Kik, once valued at $1B, is to be closed

#86

Post by vxNsr »

laughinghan wrote: post #57
asveikau wrote: post #16

Earlier quoted context omitted.

Off-topic, but pretty crazy that the timestamp of that blog post doesn't appear until the end, so you can be reading an article from 2016 and not immediately know that this was a few years ago.

All of tumblr works like that. Not defending, just contextualizing, and clarifying that NPM didn't make that specific design choice. Obviously, they chose to use tumblr, though.

Well at the time tumblr was the blog platform of choice, now I'm sure they'd use medium

Re: Kik, once valued at $1B, is to be closed

#87

Post by JoachimSchipper »

dpc_pw wrote: post #79
chx wrote: post #78

Cryptocurrencies are scam. End. This is very simple. Yes, they are a new kind of scam, a good name suggested is Nakamoto Scheme. https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ Also notable: https://davidgerard.co.uk/blockchain/2018/04/05/debunking-bu... which doesn't outright call it a scam but certainly points out > Git gives you pretty much everything offered by the business case for blockchains. The one thing…

What a nonsense you have there. :D

This is not a high-quality response; please be polite, and point out any actual errors you see.

Re: Kik, once valued at $1B, is to be closed

#88

Post by JohnJamesRambo »

chx wrote: post #78

Cryptocurrencies are scam. End. This is very simple. Yes, they are a new kind of scam, a good name suggested is Nakamoto Scheme. https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ Also notable: https://davidgerard.co.uk/blockchain/2018/04/05/debunking-bu... which doesn't outright call it a scam but certainly points out > Git gives you pretty much everything offered by the business case for blockchains. The one thing…

If you’ve ever needed to buy something that your government doesn’t want you to or get your money out of a country that doesn’t want you to remove your money you’d have a different view of cryptocurrency. Scam is not how I would classify all of them at all. I’d classify them more as a mechanism of freedom. You may find yourself singing a different tune when the current QE house of cards falls and you want somewhere, anywhere to put your money that is safe and untouched by the financial fraud and usury system we currently call banking.

Kin has more in common with banking than crypto. It was just a blatant money grab by a company with low enough morals and the stupidity to do so and think they were above the law and wouldn’t be punished for blatant disregard for securities law.

Re: Kik, once valued at $1B, is to be closed

#90

Post by chataway »

cj wrote: post #74
chataway wrote: post #73

side note with the downfall of Kik, If anyone has experience with building group chat apps that scale, or is solid with react native, I am building a group chat app that eliminates the need to have invite codes or an admin to regulate who comes in to the group chat. People with association are in, randos cant even see the group exists. Basic MVP with messing is already done, made with react native. Just need help wit…

Why create a throwaway account to solicit contributors to your chat app? Comes across as sketchy.

I am a regular HN reader. I just would prefer to not make it public just yet, hence the throwaway.

I am based in the Bay Area, happy to meetup with whoever thinks they might be interested in joining the project and has skills. (or skype if someone is outside the bay)

edit: I see two posts calling post/idea sketchy, I will maybe choose my wording better next time, and I promise it isn't.

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