Hacker News: phaed

New comment by phaed in "Microsoft acquires Github"

phaed — Mon, 04 Jun 2018 16:11:39 +0000

Don't let the naysayers distract you, go get em' Don Quixote.

New comment by phaed in "My CSS3 Animated Resume"

phaed — Sat, 10 Mar 2018 21:34:21 +0000

Came here to say this. Like it or not, you're already fighting a stereotype with your name.

New comment by phaed in "Ferro – Simplifying web development, no more HTML"

phaed — Sat, 10 Mar 2018 21:29:24 +0000

ASP.NET Webforms all over again.

New comment by phaed in "The Real History of TechCrunch"

phaed — Mon, 19 Feb 2018 07:45:44 +0000

Another scumbag advisor. Seeing that name is now a confimation the ICO is a scam.

New comment by phaed in "Statement on Cryptocurrencies and Initial Coin Offerings"

phaed — Wed, 13 Dec 2017 10:23:32 +0000

KYC is not expensive when you're raising millions. Most do them.

New comment by phaed in "Statement on Cryptocurrencies and Initial Coin Offerings"

phaed — Tue, 12 Dec 2017 04:56:24 +0000

> Basically, almost all ICOs so far are illegal.

They are only illegal in the US if they allow US citizens to participate, and the majority ban US citizens. So I think you have it backward.

New comment by phaed in "Super Tiny Website Logos in SVG"

phaed — Sun, 26 Nov 2017 16:53:46 +0000

> You could fit over 3,000 of these images on a floppy disk.

So small it will take you 20 seconds to count on an Abacus.

New comment by phaed in "Show HN: Freezetab – What browser bookmarks should've been"

phaed — Fri, 01 Sep 2017 05:15:06 +0000

Nice, left you a rating. This just replaced TabOutliner for me. Would love a feature:

Restore pinned status to tabs.

New comment by phaed in "Is the Stuff You Buy Over 20 Years Worth 40,000 Hours of Time?"

phaed — Thu, 24 Aug 2017 04:39:48 +0000

Depends. In many cases Stuff(life) > life. Having access to a toothbrush and toothpaste throughout my life enhances the quality of the life lived. A car saves tons of hours of life that I would otherwise have spent it walking from place to place, giving me extra time. A phone allows me to communicate with loved ones far away that I would never see otherwise. Books give knowledge and perspective that allow me to overcome many obstacles in life. etc.

A lot of it is worth it. Some of it is not. Time is not the only thing of import in this life, just ask any prisoner living a life sentence if he thinks he's lucky for having all that extra time.

New comment by phaed in "Reservations about TypeScript"

phaed — Sun, 20 Aug 2017 03:03:52 +0000

He started with the conclusion, then went and tried to look for reasons to support it. Problem is he came up short.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Mon, 14 Aug 2017 02:29:30 +0000

Whats your point?

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 05:18:03 +0000

Bitcoin is in a 100 year bubble. Happy? Taking about misleading people, yet here you are trying to convince people it's a bubble. If you're so sure why not short Bitcoin? I dare you.

I believe in Crypto, I believe it has a future and its need in this world. If you don't that's ok, stay in the side lines getting grumpier and grumpier as time passes.

Cryptocurrencies are not mutually exclusive, this is not Highlander, there can be more than one. Look at Ethereum, already at half the market cap of Bitcoin and it hasn't affected Bitcoin's price in the least. What Bitcoin has over the others is wide adoption and mind-share. Smart money will diversify regardless.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 05:02:55 +0000

Currently, Bitcoin is used as a store of value not so much for day to day transactions. It's still evolving, its software, and it's upgradable.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:58:28 +0000

BTC is a store of value. How does the functionality of gold figure into its value?

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:57:21 +0000

$67,285,852,182 market cap. That's how the sense is made.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:53:53 +0000

I'm neither blind or deluded. After catastrophes like the MTGox theft where trust was lost with Bitcoin, and the recent uncertainty with Segwith2x, the market has taken a dive but has always turned around. There are billions of dollars waiting in the side lines for opportunities to buy cheap Bitcoins. Weak hands lose their money to opportune investors when these things happen.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:50:18 +0000

I don't see how you can compare Bitcoin to the housing market. The fundamentals are completely different.

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:46:57 +0000

And what happens after the dips?

New comment by phaed in "Bitcoin just passed $4,000"

phaed — Sun, 13 Aug 2017 04:36:14 +0000

People look at price history of Bitcoin, see the hockey stick, and immediately call bubble. http://imgur.com/a/ifk2b

What they fail to realize is that these linear charts plot a $5 change the same distance when Bitcoin is $10 as when Bitcoin is $4000. Yet for Bitcoin to go up to $15 when it was $10 it had to increase in market cap by 50%. For bitcoin to go up from $4000 to $4005 it doesn't need jack squat, it's a rounding error.

A better view of Bitcoin's price is in log scale. Here you can see that the growth is steady: http://i.imgur.com/R9yQ8Dk.png

There is nothing special happening now, as there was nothing special when it went from $5->$10, $50->$100, $100->$200, $500->$1000, $1000->$2000. People just want them, and they are a finite resource.

New comment by phaed in "Stocks with Outperform Ratings Beat the Market"

phaed — Sat, 12 Aug 2017 17:33:51 +0000

You have eaten your words, and will continue to eat your words.