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Software Pump and Dump

tautvilas.lt

131–140 of 166 posts

Re: Software Pump and Dump

#131
post #129
post #120

Earlier quoted context omitted.

The argument for more datacenters is 2 fold: - Likely to be a zero sum winner. The Players that have invested now, do not want to be left behind. - The improvement and capabilities in agents continues to grow. There is no reason to believe this will slow down any time soon

I said explain without speculation. You've just given 2 points that both reduce down to "potential but unquantifiable future benefits", or "speculation". > There is no reason to believe this will slow down any time soon Now you're trolling, surely?

Im explaining why there are datacenters being built.

> Now you're trolling, surely?

https://epoch.ai/benchmarks

Models are getting better every month. Do you disagree?

Re: Software Pump and Dump

#132

The top three stories on hn right now: 1. ▲ Moltbook (moltbook.com) 538 points by teej 8 hours ago | hide | 293 comments 2. ▲ Software Pump and Dump (tautvilas.lt) 108 points by brisky 5 hours ago | hide | 25 comments 3. ▲ OpenClaw – Moltbot Renamed Again (openclaw.ai) 256 points by ed 6 hours ago | hide | 110 comments This is art.

TIL about all that stuff, Moltbook, Openclaw, Gas Town, and I don't get it anymore. It's too much. Forums for chatbots with their own religion but its actually a crypto scam and vibecoded hypesoftware to scam people with sh*tcoins because yolo and whatnot. I'm out.

I checked the thing (whatever its name was) when I first saw it on NH and after 5 minutes decided it was a scam, skipping all news about it since.

Re: Software Pump and Dump

#133

Earlier quoted context omitted.

So I called out Acid3 in the original comment (and mentioned why it’s not the holy grail) so people wouldn’t get the idea that I was building full-on modern browsers. I’m not sure what I need to say to make y’all happy. I’m just excited that these tools are capable of doing non-trivial work and I’m having fun throwing tasks at it to see what comes out. I’m not going around telling people to download or use these thin…

Brother. Your browser does not have the concept of breaking a line once it gets too long[1]. Your browser does not even shape text during layout and it renders text using a DrawString[2] function from a library that only applies kerning. No complex shaping to be seen in a light-year radius. There is no trace of bidi-reordering either. I can't link to anything here since there's nothing to link to. I will leave this[3…

It's easy to have acid 3 compliance if your acid 3 compliance test is printing 100/100 and then checking to see if 100/100 was printed

Re: Software Pump and Dump

#134
post #121

Earlier quoted context omitted.

They were when we called them 4GLs.

You mean things like Ruby, Python, Java, SQL that are ubiquitous today?

Yeah but the hype was that the user would become the programmer and programmers wouldn’t be needed anymore.

Re: Software Pump and Dump

#135
post #121

Earlier quoted context omitted.

You mean things like Ruby, Python, Java, SQL that are ubiquitous today?

Yeah but the hype was that the user would become the programmer and programmers wouldn’t be needed anymore.

Well theres a lot less assembly workers, and that tech is now everywhere. Seems like exactly what will happen with AI

Re: Software Pump and Dump

#136
post #99
post #95

Yegge was an early employee at Amazon and has been writing influential blog posts and developing massive software projects since before this guy was born. But sure, in his retirement he's pivoted to pump and dump schemes.

Why is HN so susceptible to appeals to authority and constant mild-severe deification of other humans?

I don't get it, either. There's an entire class of people on here who just run around looking for anyone to lead them.

I had a guy crash out after I told him that "so and so said Thing was good" was not sufficient to say whether Thing was good or not.

I told him he needed to develop enough skill to determine that for himself or he'd constantly fall for hype.

My dude pasted a ChatGPT list of engineers who had ever said anything about LLMs and was like ARE THEY ALL WRONG??

... did you listen to nothing I said? lol

Re: Software Pump and Dump

#137
post #12
post #7

I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…

People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…

or, just never involve the original project itself,

which is likely what’s unknowingly being described here:

> However CLAWD coin tokens are kicking off right now and people are being lured into buying them as the hype grows.

Re: Software Pump and Dump

#138
post #74
post #71

Earlier quoted context omitted.

I don't know how relevant to the world another b2b sass platform is. You could easily grab one from github which is where AI is got the data to build one in the first place. Meanwhile cryto offers an alt banking platform used by many who have been debanked.

I could be building a game, a home blog, any sort of OSS. The point im making is that crypto exists purely as this alt investment, trading tokens to get rich. Im skeptical its actually being used as a currency in any real currency-fashion. But now seems to be stuck in pump and dump schemes. Meanwhile, AI is enabling people right now, today, to help build and learn things they normally wouldnt do.

"Im skeptical its actually being used as a currency in any real currency-fashion."

I don't know what qualifies as real currency-fashion to you but you can purchase things and services from many different places. At times credit card payment processors may be down you can use bitcoin to pay. It doesn't have to replace a currency it can be used as another way to spend or collect money.

It's also good in situations where you want to accept money but not open yourself up to risk like a donation button. A risk exists selling a product via credit card around chargebacks this method removes that risk.

In practice it works well and is being used. It's not replacing the dollar but it doesn't need to.

Re: Software Pump and Dump

#140
post #99
post #95

Yegge was an early employee at Amazon and has been writing influential blog posts and developing massive software projects since before this guy was born. But sure, in his retirement he's pivoted to pump and dump schemes.

Why is HN so susceptible to appeals to authority and constant mild-severe deification of other humans?

You’re confused about what an “appeal to authority” actually is.

An appeal to authority is saying “X is true because this person said so.” That’s not what’s happening here. What’s happening is people treating expert opinion as evidence, not a verdict.

You say you don’t want appeals to authority, then you immediately offer your own opinion and expect people to take it seriously. Why? On what basis? Because it’s your judgment?

That’s the funny part. The moment you state an opinion, you’re asking others to weigh your credibility against someone else’s. You don’t escape authority, you just replace it with yourself.

Yegge’s opinion has weight because of his track record. It can still be wrong. Mine can be wrong. Yours can be wrong. That’s why people compare opinions instead of pretending they live in a vacuum.

Ignoring expert opinion entirely isn’t “independent thinking.” It’s just choosing to be uninformed and calling it a virtue.

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