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The Verge Hack, Explained

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61–68 of 68 posts

Re: The Verge Hack, Explained

#61

I'm very curious about the price increase. The only thing that comes to mind how something like that would be possible is if the news trends generated by this were somehow driving algorithmic trading .. either that or people investing in something they're just hearing of for the first time.. But even these possibilities don't seem rational. It just doesn't seem to make much sense... unless the whole thing was being d…

But what lunatic reads of the hack - then invests!?

Re: The Verge Hack, Explained

#62
post #39

The gate metaphors in the article are so messed up they distracted me from the actual story. >> Gates Only Work When They’re Raised Well normally gates swing open and shut, maybe you mean some kind of portcullis, like in a castle? You have to raise those to open them. >> a gate that’s far too strong to break >> through and too high to climb over — >> this hack gets past it by finding a way >> to lower it so close to…

You're holding it wrong. Think: https://en.m.wikipedia.org/wiki/Floodgate

Re: The Verge Hack, Explained

#63

I'm very curious about the price increase. The only thing that comes to mind how something like that would be possible is if the news trends generated by this were somehow driving algorithmic trading .. either that or people investing in something they're just hearing of for the first time.. But even these possibilities don't seem rational. It just doesn't seem to make much sense... unless the whole thing was being d…

But what lunatic reads of the hack - then invests!?

I'm guessing an algorithmic one, which invests based on "buzz" and/or price trends leading to positive feedback cycles.

Re: The Verge Hack, Explained

#64
post #50
post #49

Earlier quoted context omitted.

Which is not really true, time is frame depended, not location depended. Just take the twin paradox, when they start and later meet again, they are in the same place but different amounts of time have passed for each of them. The closest thing I can think of is that the ordering of two events is not ambiguous if they are timelike separated while for spacelike separated events you can find different reference frames w…

What you said doesn’t disprove what I said :)

Given that we have never actually defined what »time is a local phenomenon« is supposed to mean, that may or may not be true. But given that relativity puts time and space on a more equal footing than Newtonian mechanics, where you now can turn time into space and space into time, I remain pretty doubtful that something that can be summarized as »time is a local phenomenon« is likely to be interesting and correct because it seems to point in the direction of not treating time and space in a unified manner.

Re: The Verge Hack, Explained

#65
post #37
post #16

Earlier quoted context omitted.

It's indeed delusional to claim that Bitcoin developers have peoples' financial assets in mind when they celebrate fees of $50 and produce nothing else than "wait for second layer solutions they will magically solve everything".

fee for my last transaction was $0.30.

It sure wasn't around new years when this happened. The fees dropped because nobody wants to use it anymore, this notably includes Steam and Stripe.

Re: The Verge Hack, Explained

#66
post #64
post #50

Earlier quoted context omitted.

What you said doesn’t disprove what I said :)

Given that we have never actually defined what »time is a local phenomenon« is supposed to mean, that may or may not be true. But given that relativity puts time and space on a more equal footing than Newtonian mechanics, where you now can turn time into space and space into time, I remain pretty doubtful that something that can be summarized as »time is a local phenomenon« is likely to be interesting and correct bec…

Listen, space is a local phenomenon too. It is just about correlations.

A lot of the nonlocal effects in De Broglie Bohm theory become classical once you consider close-by objects and neighborhoods. They are just super correlated.

Why? We don’t know. But with so many correlations, you can compare way more easily between them.

https://www.wired.com/2016/01/quantum-links-in-time-and-spac...

Re: The Verge Hack, Explained

#67
post #39

The gate metaphors in the article are so messed up they distracted me from the actual story. >> Gates Only Work When They’re Raised Well normally gates swing open and shut, maybe you mean some kind of portcullis, like in a castle? You have to raise those to open them. >> a gate that’s far too strong to break >> through and too high to climb over — >> this hack gets past it by finding a way >> to lower it so close to…

#gategate

Re: The Verge Hack, Explained

#68
post #66
post #64

Earlier quoted context omitted.

Given that we have never actually defined what »time is a local phenomenon« is supposed to mean, that may or may not be true. But given that relativity puts time and space on a more equal footing than Newtonian mechanics, where you now can turn time into space and space into time, I remain pretty doubtful that something that can be summarized as »time is a local phenomenon« is likely to be interesting and correct bec…

Listen, space is a local phenomenon too. It is just about correlations. A lot of the nonlocal effects in De Broglie Bohm theory become classical once you consider close-by objects and neighborhoods. They are just super correlated. Why? We don’t know. But with so many correlations, you can compare way more easily between them. https://www.wired.com/2016/01/quantum-links-in-time-and-spac...

This still does not answer what you mean with »time is a local phenomenon«. What feature of time is local and in which sense? And I am even more skeptical about »space is a local phenomenon«, I mean »local« means »close in space« and therefore it seems you are saying something recursive, i.e. space has some property within itself which doesn't really make sense, at least to me.

So unless you can define or at least explain in more detail what you mean with »time (or space) is a local phenomenon«, we won't really get anywhere.

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