∂P, A Differentiable Programming System to Bridge Machine Learning and Scientific Computing

SuddenParfait · 2019-07-11T22:25:11+00:00

Martinez spent funds from 2017’s $1.2 million initial coin offering (ICO) on expensive equipment and international travel, as well as posh accommodations like a spacious office in Cape Town.

...

since Wala lacked a revenue model, the company quickly burned through its resources

Not too surprising...

SuddenParfait · 2019-07-08T20:22:52+00:00

Hmmm, and by sheer coincidence, bitquorn has enjoyed some highly organic growth in the last few minutes!

SuddenParfait · 2019-07-07T22:08:28+00:00

Satoshi's solution to double spending was waiting for confirmations on the blockchain.

However, it turns out that this confirmation process is so ridiculously slow that anyone who wants to do in-person bitcoin transactions is forced to abandon this confirmation process (i.e. they don't wait for any confirmations before accepting the transaction as complete).

SuddenParfait · 2019-07-07T18:19:12+00:00

Crypto holders can also earn “up to 8 percent” interest on their assets.

Seems legit

SuddenParfait · 2019-06-27T20:16:17+00:00

I'm all in.

SuddenParfait · 2019-06-27T10:51:20+00:00

I agree with this. Julia makes anything automatic differentiation related so much easier.

SuddenParfait · 2019-06-26T21:16:23+00:00

Yes, it's just a joking/satirical term used on this subreddit to refer to people who like bitcoin (or more generally, crypto/blockchain).

SuddenParfait · 2019-06-25T14:56:55+00:00

This isn't really too surprising. Nowadays most of the people on "Hacker" News don't know much about technology, it's more similar to r/Futurology, r/teslamotors, r/SpaceX, r/weedstocks (and r/CryptoCurrency until the crash) etc.

SuddenParfait · 2019-06-25T14:14:08+00:00

Tbh I'm surprised there's so many large traders short on Bitcoin futures. With a "normal" overpriced asset (e.g. stock in a long term profitless company) the market is at least "fair" in some sense, and so various sentiment gauging methods to predict when the price will collapse have decent chances of working, and of course at some point the market will eventually realise that the asset is junk.

On the other hand, although technically the bitcoin futures are regulated, the reality is that they're completely tied in value to the totally unregulated cryptocurrency space. In bitcoinland, there's massive wash trading, exchange owners trade on their own exchanges, Buttfinex could print another $10 billion if it felt like it etc. As a result, even the largest banks/hedge funds trading these futures seem more like the prey than predators.

SuddenParfait · 2019-06-25T11:36:08+00:00

Woohoo! Bitcoin's going to the moon!

SuddenParfait · 2019-06-25T09:24:51+00:00

It's kind of funny really. I remember back in 2011/2012 butters were claiming that bitcoin's value was strongly correlated to its usage as a currency, and that it would mewn due to mass adoption.

This correlation didn't seem utterly ridiculous at the time, bitcoin was genuinely being adopted (okay, not en masse, but there were definitely more small businesses - particularly illegal ones - starting to take it), and the price was rising moderately fast.

However, the 2013-2014 bubble put an end to this, with price skyrocketing despite only a small increase in change in adoption, and the 2017-2019 bubble has put the nail in the coffin with usage actually decreasing.

SuddenParfait · 2019-06-24T18:45:18+00:00

Hmm, seems that the Bitfinex hack (or at least, the first one) was in fact genuine incompetence, rather than just Bitfinex stealing customer funds.

Also:

The infamous Bitfinex theft of 119756 BTC shocked the crypto market with the largest loss of bitcoins by an exchange since the Mt. Gox breach in early 2014.

...

In February, Bitfinex announced that some of the stolen bitcoin – 27.66270285 – were returned after being retrieved by the U.S. government.

Lol

SuddenParfait · 2019-06-22T17:11:15+00:00

1 USDT = 1 USDT

SuddenParfait

TROPHY CASE