HNHacker News
TopNewBestAskShowJobs

ceallen

117 karma · joined January 15, 2014

submissionscomments
ceallen··on Bitcoin Trends in the First Half of 2015
No mention of the 'stress test' that's brought the network to its knees the past few days, or of the soft fork that resulted in suggestions to wait for 30+ confirmations? Puff piece.

C'mon Coinbase, at least spin them into a '<X> is actually good for Bitcoin, because <Y>' format.

ceallen··on Andreessen Horowitz-Backed Leap Buses Are Hitting SF Streets This Week
People who drop an extra 4 dollars so their morning commute is reliable and moderately pleasant are now white privileged elite. I'd hate to hear what you think of people who drive cars.

Wanting to be at work on time without allotting an extra 30 minutes for public transit shenanigans is hardly the epitome of privilege.

ceallen··on Inside the Chinese Bitcoin Mine That's Making $1.5M a Month
Why use the profits from October in the headline of an article published in February? The cost of bitcoins has nearly halved in the meanwhile. Hope they had a healthy profit margin before.
ceallen··on Silk Road trial closes
On the contrary, it's very interested in the truth. When you want to present an expert witness, you include in the paperwork what truth they're going to tell the court, and their evidence for it.

The trial is a show for the jurors to convey information to them - everything that's going to be said NEEDS to be conveyed to the opposing side in advance, so they can prepare responses.

Surprise witnesses that blow cases wide open are only on TV.

ceallen··on Defense in Silk Road Trial Says Mt. Gox CEO Was the Real Dread Pirate Roberts
He also claims they passed it back to him immediately before the bust. Only slightly more effective than the "I was holding it for a friend" legal defense.
ceallen··on Mt. Gox CEO Mark Karpeles Implicated in Silk Road Trial
They'll have to update the acronym DPR to stand for Doughy Pirate Roberts.
ceallen··on Bitcoin Has Been Getting Obliterated
All those regular sellers are most likely the miners, who have to quickly move their bitcoin to cover mining costs. In an unfortunate feedback loop, the cheaper the coins cost, the more of their production they have to sell to cover expenses.

The price is dropping to the point where it's barely profitable even with the newest hardware, unless you're using it as a roundabout method of money laundering (sell coins for USD, pay your electric bill in RUB).

ceallen··on The God Login
> if someone has backdoored your login server, it no longer matters if passwords are cleartext for the damage they'll do. The level of difficulty you introduce by having passwords hashed originally becomes moot at that point.

If your hacker has a cleartext password and their login ID (email address), you've just given the hacker access to a bunch of their other accounts on non-compromised sites (for the significant % of your userbase that recycles passwords). I think the possible collateral damage creates a far more severe worst-case scenario.

ceallen··on The Rise of Men Who Don’t Work – And What They Do Instead
Possible result of Iraq/Afghanistan wars? The army's reported 1 million injured, but I'm not sure how many of them transitioned to disability.

Would disabled veterans be reflected in these numbers?

ceallen··on Shit recruiters say
"You'll love these guys. They've got Macs and french presses all over the place" - My recruiting agency's understanding of 'cool startup culture'
ceallen··on What Developing Acute Schizophrenia Feels Like
It's interesting that both the author's story and one other in this thread so far both mention their significant marijuana usage.

While the "marijuana causes schizophrenia" hype is statistically exaggerated (and the opposite causality may actually be the case), it's still a good reminder to perhaps avoid or severely restrict usage if you have a family history of the condition.

ceallen··on Sinquefield Cup: One of the most amazing feats in chess history
Describing Sauron as a 'necromancer' is akin to calling Gandalf a 'fireworks manufacturer'. It's a small part of their skillsets, and not what they've built their personal brand around.
ceallen··on When 'Right-Sizing' Vacant Properties Goes Wrong
One thing that raised a red flag to me is telling his tenant to stay at a relative's if the house was unlivable during repairs. Every state's law is different, but I'd be very surprised if it's not his obligation to provide short-term accommodations if the property cannot be lived in.
ceallen··on LinkedIn to pay nearly $6M in unpaid overtime wages and damages to 359 employees
Doctors and lawyers regulate who can enter their field. Doctors even control how many students med schools can accept each year. They seem to still be 'prestigious' professions. They were just smart enough to avoid the word 'union', since it's been tarnished by 50 years of political attacks.

I'd also trade in a lot of prestige for the guarantee of employers not having overtime as a free resource that employees are expected to give with a smile.

ceallen··on Yelp Gets This Much Favorability In Google And Still Complains?
This article seems disingenuous, since by its own admission these search results have recently changed. It gives the impression that Google backpedaled after being called out on its favoritism.
ceallen··on Bitcoin: the Stripe perspective
Individual transaction fees are being heavily, heavily subsidized by block rewards currently. Just eyeballing the current numbers:

~400 transactions per block, 25 btc reward, ~500 usd / btc gives a transaction cost of 31 dollars each.

What happens to fees when mining rewards taper off? Just authoritatively stating "it'll be fixed" blindly pushes these problems into the future.

ceallen··on Sorry, Folks, Rich People Don't Create The Jobs
And if they were poor, they'd just be people jealous of the success of others. Ad-hominems are an easy way to sidestep discussion.
ceallen··on Let Them Eat Cash
That sort of thing is easily available for any reputable charity: http://www.charitynavigator.org/index.cfm?bay=search.summary...

Looks like administrative costs are about 10% of overhead (fundraising is a net positive, so I wouldn't hold it against them).

ceallen··on For Sale: 29,656.51306529 Bitcoins
Not quite. USD will always be accepted by the United States Government. If you live in the US, you'll probably owe them taxes no matter what you're payed in, and as such, will always have some need for USD, and USD will always have some intrinsic value of "enough of this will keep the IRS from arresting me".
ceallen··on Dorian Satoshi Nakamoto Denies All Bitcoin Ties in Verified Letter Via Lawyer
"I haven't been able to find steady work for ten years, and this article written a week ago is why."
ceallen··on Arscoin, our own custom cryptocurrency
I provided the convenient option. It's just that it leaves your funds massively exposed. The relatively lengthy transaction times built into *-coin transfers are going to make most conversions 'clumsy'. What alternative would you recommend?
ceallen··on Arscoin, our own custom cryptocurrency
"Just give me a few minutes to upload my XCoins from my XWallet to XY-Exchange, convert them to YCoins, and a few more minutes to transfer my YCoins to my YWallet".

Either that or you keep all your coins sitting in said exchange so you can instantaneously convert them and pay out. And then lose them all permanently when the exchange has a security flaw.

Currency of the future.

ceallen··on Atlanta introduces bill to regulate Uber and Lyft
And it's worth pointing out that taxi licenses are really an artificial barrier to entry to keep existing taxi services safe. Atlanta's apparently costs a median 36,000, and in big cities like Boston or NYC, they can run into the hundreds of thousands.

These licenses aren't tied to a driver, rather they usually lease them from a managing company. Safety's got nothing to do with it.

(ref http://taxirisk.com/taxicab-facts-for-atlanta-georgia/)