jeromec

I do agree it would certainly make sense to opt in for covering the car as well. I was mostly making the point the liability rule could be a baseline showing insurance companies had no reason to charge a higher rate than, say, a sports car (under a minimum coverage scenario where they cover only liability costs).

It appears this vehicle costs $84K. I believe any person able to afford a 100K class of car would certainly be able to pay the maintenance and insurance costs to drive it as a car ;)

Yes, but this isn't an airplane. It's a flying car ;)

Seriously, the maintenance comparison wouldn't appear to be the same. It looks like this thing has a propeller attached to a drag style engine. I would expect maintenance costs to be more akin to a souped up car than an airplane.

Also, by law to drive (in California at least) you're only required to have liability insurance covering the party you hit. Covering your own vehicle is optional.

The same as its market value in general.

Large parts of the reserve cannot be spent, used, distributed in any significant way. So how much that gold backing part of the system really worth?

I believe you're referring to the U.S. gold reserve at Fort Knox?

That reserve is worth its value to the owners (U.S. citizens) as an asset. For example, your family might have an expensive set of solid gold and silver cutlery, continually handed down. It's never actually used, and is kept stored away. However, if one generation of your family loses absolutely everything, at least the gold and silver cutlery would be one valuable asset your family could cash in on.

Not saying that it's reasonable to suspect otherwise, but at the moment it seems we use money, because the government tells us it's OK to do so and what the value is. Is it really the gold backing anything in that case?

President Nixon removed the U.S. dollar convertibility into gold in 1971. It is not gold backing that currently gives the dollar its value.

Edit: a vote down? For inaccuracy (I believe it's accurate), or dislike of the writers mentioned?

You mentioned not having great web skills, but you don't need to in order to make money online. You just need to first find out what you should be doing, then stay the course actually doing it. Good luck!

Google shows about 4 links pointing to healthgazelle.com (http://www.google.com/search?hl=&q=link%3Ahealthgazelle....) ... all from healthgazelle.com. There is nothing to preserve, and if there was the way to do it and preserve search engine rank is by using a 301 redirect (http://www.webconfs.com/how-to-redirect-a-webpage.php).

You seem to be holding on to your established site, almost with nostalgia, and I can understand that, but that's not the way to be effective when it comes to building traffic. You have to be prepared to start out on the right course, even if it's new.

Healthgazelle.com says it's been around for about 7 years, and it has 4 links pointing to it, all from itself. If you follow the steps I outlined above I guarantee you will see significant results in less than 12 months.

If I were you the first thing I'd do is ask myself what I want to be known for, in terms of traffic. I'd choose something far more popular than cystic fibrosis, but using that as an example I might buy a domain like howibeatcysticfibrosis.com. Next, point that to a newly set up Wordpress blog. Now, you need content for your new site. You have existing content at healthgazelle.com, but Google doesn't like duplicate content, so you have to make a choice. You can either plan on producing all new unique content for your new site and leave the old site, or cut the content from healthgazelle.com and redirect it to the new location.

If you want to use the name healthgazelle.com you can do that too. Although it's not a very good name in terms of informing search engines or people what the site is about it does at least have some age on it. If that's the case I would download all the content from healthgazelle.com, delete the current site, set up the wordpress blog on the server, then start reposting the content you want to use.

I have absolutely no idea about producing comics. If it were me I'd just start with blank white paper, draw out my comics then scan them in as JPEGs to post online. If the comic content is good, like Garfield, for instance, people are going to like it, and I'd say that's fine starting out.

Okay, if you want to learn about building traffic you need to learn either SEO (learning best practices for Google's model), or how to write content people want to read and feel compelled to refer others to read. That site appears primarily about cystic fibrosis, which isn't a very popular topic. It's fine to have the idea of talking about other things, but if you're taking the SEO route your goal is to be seen as an authority on some specific area of information. Also, having a fully developed site which is set up incorrectly by SEO standards means very little when it comes to SEO. For example, it's sometimes advisable to start from scratch building out page structures, title tags, content, etc. correctly (for example, as I mentioned using a Wordpress structure), and you can often get better results faster by doing this.

That's kind of the long term goal. Only I am thinking webcomic. Time will tell.

A webcomic sounds fantastic! Are you any good? If you can put out something like xkcd.com, then simply add Twitter/Facebook share buttons to it, that can be a quick way to build an audience right there.

There are two problems. The first, good traffic quality, can't be changed. The second, your site not being optimized for search engines can, but without the traffic there isn't much point.

It took me several seconds to find out that the topic of your site seems to be cystic fibrosis. You actually have a decent store of content about your topic, but right now it's practically invisible to search engines (for example, you refer to it as "CF", and you're not implementing good page title tags, or effective headers, urls, etc.). As I said, that can be fixed. The bigger problem is that Google's keyword tool for "cystic fibrosis" (exact match phrasing) shows not many are searching for what you're offering.

The general term "cystic fibrosis" has decent numbers, but that can include everything from people checking what it is to students doing reports on it. You are interested in people looking for treatment for it, and those numbers are very, very low. Perhaps people don't think to look for a treatment for it. Whatever the case, you would need to be near the #1 result for the keyword "cystic fibrosis treatment", beating out sites like mayoclinic.com and nlm.nih.gov, and you still wouldn't have more than a few thousand clicks per month. Maybe that's enough for you, but I'd pick a more popular traffic topic.

Also, please note I have a typo in my recommendation above to learn more about effective SEO. You need to type into Google "seo site:news.ycombinator.com" with no space after "site:" to see only results from HN.

The first thing to define is "quality traffic". Let's say the health condition is a painful nose wart. If only 14 people in the U.S. have this condition you're never going to get significant traffic. If the condition is indeed widespread you have to ask how people would search for it. Would they type "painful nose warts" or maybe something else like "nose bumps"? If you have been assuming people use the same keyword phrasing you do to describe the same thing you need to investigate what is the actual case. Google's keyword tool can help by showing what people are searching for. (I recommend comparing broad and exact match versions too.) Make a list of all possible phrasing. This can help you identify long tail keywords which there is little competition for, and sometimes strong keywords nobody targets well at all.

After you've confirmed that there is indeed significant traffic to be had for your topic, and you're armed with your keyword list the next step is to set up your site to be successful when aligned with those things. Probably the quickest and easiest thing to do is start a Wordpress blog, since there are many theme possibilities and it's already going to have many SEO basics built in. Next, go to Google and type in: SEO site: news.ycombinator.com. Take a day or two to read through many of the results. Pay extra attention to comments by patio11. Now, consider how you can follow as much of that advice as possible with your site. Be prepared to work and improve on this for days or weeks. The time consuming part of receiving free traffic from search engines really boils down to: creating quality content (keep your phrasing list in mind here!) on the topic, and receiving links to that content. If your content is good enough, links will start appearing naturally. This can take time, but it will happen. To help things along be proactive by reaching out to sites, communities, writers, organizations which have anything at all to do with your topic. Ask them directly for links back, or possibly if you can write a guest post on their site referencing your site. If you follow these steps correctly, over time you will see results.

Now that you've established traffic you need to monetize it. There are a couple ways to do that. If the traffic is significant enough, and depending on the topic, simply putting up ads may be enough. If there are complimentary products to aid in getting healthy, like a special measurement machine, see if you can position yourself to earn a commission whenever it's sold through your site as an affiliate (start contacting suppliers directly if you need to and pitch them).

The other way to monetize your traffic is by selling access to the information itself. You hold valuable information. You want to monetize it. And here I disagree with mechanical_fish. There is nothing wrong with asking people to pay for you taking the time to show them a way to improve their life. Doctors and drug companies don't work free. They are usually quite expensive, and they don't have all the answers as they are literally "practicing" medicine. Providing alternatives which may be more effective and likely less costly as well is certainly worth something.

The approach I would use when taking this route is freely offering about 80-90% of the solution and trying to monetize the remaining 10%. As you say you will probably face skepticism about any proposed solution, whether it's true or not. Talking openly and candidly about the first 90% is a way to address that skepticism. People can detect when you are probably being genuine, and they will respond to that. I would tell my story as genuinely and matter-of-factly as possible on my blog, and interact with readers. Next, I would offer one of two options which could be monetized. My favorite thing to do would be adding a premium membership forum to my site. I'd make it known that in this forum participants shared and progressed together, as well as having access to me. Even if you gave away 100% of your solution, coaching members along is still likely to be a needed and valuable product.

The other option is to package up the remaining 10% in an eBook format where you essentially re-tell your entire story, but with 100% of the information. Show your site visitors that you have taken time to put together a more in depth look at the topic, and you hope they will pay the modest < $5 cost to receive it.

Last, be sure to have a legal disclaimer stipulating that you're not a doctor, you're only telling your story, and people should consult their doctor before beginning any form of treatment for anything.

Wow, and that's the norm for a 5 billion dollar industry? Well, considering Microsoft just bought Skype for 8 billion you should be in pretty good shape...

I was looking at bitcoins as they might compare to an established currency model, like dollars, where the rate of creation has to be controlled smartly (not that I'm saying it is) and indefinitely. Satisfied I had spotted a money creation flaw preventing bitcoins becoming a dominant new currency I dismissed them quickly, never noticing the other aspects of brilliance it has.

I still see problems with bitcoin becoming a fully fledged sustained and mature currency. Some of these have been articulated here on HN (notably by jerf). However, I believe bitcoins still have developmental stages to go through before failing, and because of this I actually still see upside for them as a speculative (still risky) investment. I doubt I would do anything with them now, but if I had got in at .01 cent, now that would be different.

Our site lets authors raise funds for promising book projects. Like Kickstarter it's all-or-nothing where contributors only pay once the goal is met. If the goal is met authors receive the raised funds, minus 5% and processing fees. We've just went live, and our biggest challenge now is finding book projects people would be interested in funding. This may be such a project :)

</plug> (sorry! :) )

I believe HN's plain design is actually an intended feature, not a bug. From one of PG's essays:

So the most important thing a community site can do is attract the kind of people it wants. A site trying to be as big as possible wants to attract everyone. But a site aiming at a particular subset of users has to attract just those—and just as importantly, repel everyone else. I've made a conscious effort to do this on HN. The graphic design is as plain as possible, and the site rules discourage dramatic link titles.

http://paulgraham.com/hackernews.html

We think it's pretty hard for authors to make their work stand out among so much noise, including the increase in self-published work on sites like Lulu. Our site is meant to allow great writing to be found and showcased as evident by the funding it receives.

Yes, our site is pretty bare right now as we just went live a few hours ago. However, in our short existence we've had very positive interest from authors, readers, and others.

OpenCalais looks interesting. Something that advanced would be much farther down the road for us, though. Right now we just want to find and enable great written stories.

Well, now we're talking! :)

You are under the wrong impression. It's not that hackers don't want to see idea people succeed, it's that we don't have much respect for people who are on the sidelines and all talk with no action. I'm a developer, but first and foremost I'm an entrepreneur. If a person is willing to put their neck on the line while facing risk and uncertainty, they have my respect. I don't care if they can't even set up a Wordpress blog.

I wish you best of luck with your venture! It's not about arrogance; it's about action. You're in the club as far as I'm concerned.

But that's the problem. You know why? Because anybody can do this. You can have one million people do this, for one million years, and you know what you'd end up with? Nothing.

Don't get me wrong, it's great that you also attach careful research to your idea, but that only serves to lessen the risk you've overlooked obvious reasons for it to fail. It doesn't mean it won't fail. If your idea was guaranteed to succeed then crossing over into development wouldn't be a problem. You'd be able to get the money somehow. I know many ordinary people who have set aside as much as $50-100K just by being focused. Or you could get investment, or a SBA backed bank loan. But idea people won't actually work to do these things, because they know the truth: their idea may end up failing (being worthless when actually tried). Either that or the other truth: even once an idea is developed it takes time and effort to grow it into a success.

http://news.ycombinator.com/item?id=2061369

To try and clarify further: ideas are not worthless, but they also don't have value. How can that be? Simple, unless an idea is coupled with execution its value is zero. This is what leads to the phrase 'ideas are worthless' which is misleading IMO when phrased that way.

> why arent the millions of developers constantly outdoing themselves with utterly amazing work

That statement is flawed on many levels. First, the percentage of the population with a high level understanding of technology is small, and the percentage of those who are developers is smaller, and the percentage of those that are great developers is smaller still. So saying "the millions of developers" like there really are that many working directly on tech innovation in Silicon Valley and elsewhere in the US is questionable at best.

Now, if you're asking why don't the "great" proportion of developers do amazing work the answer is that they do. They are the reason you can view and post on Hacker News with a working OS, or listen to thousands of songs on a device as small as your hand, and on that same device check email, play games, download thousands of apps, and make phone calls, etc. In other words, great developers are busy building things. Many amazing things. Some developers build things for companies, and some venture out on their own to build new and innovative things like Twitter, Groupon, or Facebook, some of which work and many which don't. But there certainly are many amazing pieces of technology that have been built so far, and there are many more to come... These won't all come at the same time, but the tinkerers are out there... building, trying, failing, and trying again. They are doing the hard work of executing, and for a small fraction of them, it will pay off.

Edit: Let me put the idea challenge back on you, phlux. If your belief is "idea" people are certainly only held back from their $ millions in success by not being developers, why don't they borrow, sell, or mortgage $50K on their house etc. and just get the idea built and cash in? It's that easy, right?

You probably don't want to read this then: http://www.wired.com/threatlevel/2011/03/warrantless-eavesdr...

It’s easy to forget these days, but former President George W. Bush’s illegal warrantless surveillance program was never halted by Congress, nor by the Obama administration. It was merely legalized in a 2008 law called the FISA Amendments Act. That means the surveillance of Americans’ international phone calls and internet use — complete with secret rooms in AT&T data centers around the country — is likely still ongoing.

However, to answer your question directly you can get interest from the US government in exchange for dollars by buying US Treasury bonds.

I will definitely look into literotica.com, and absolutewrite.com. I have noticed romance novels seem to be quite popular on writing sites.

As for posting around 10 pages, we certainly will be looking to find the optimum number of pages to post. I agree posting even fewer pages may suffice. However, some contribution levels will be $5, $10, or higher. We feel people donating higher amounts will want to see a little more of the story's direction. We do allow authors to release and edit writing as they see fit. Ultimately, the amount posted and read is determined by authors and readers, not us.

Again, this is all excellent advice. Thanks!