HNHacker News
TopNewBestAskShowJobs

llcoolv

401 karma · joined May 17, 2011

submissionscomments
llcoolv··on OK Soda
Well. Ultimately it does. In larger European cities very few fancier restaurants/bars cater Pepsi/Coca Cola. Those brands are gradually being seen more and more as low-end McSodas. The winners are Club Mate/Fritz Cola and a whole bunch of local brands.
llcoolv··on Corporate Socialism: The Government Is Bailing Out Investors and Not You
It is really beautiful to see a thread consisting of 90% comments downvoted into gray.

https://imgur.com/a/wQBKp4f

llcoolv··on Federal Reserve pledges asset purchases with no limit to support markets
It won't disappear. Just change owners as it was already explained and proven.
llcoolv··on Federal Reserve pledges asset purchases with no limit to support markets
This. It is basically a rigged system and a no-win game of feudals and peasantry. What happened to responsibility and equal opportunity? Are the 99% of population who are not involved in this scam even considered human beings?
llcoolv··on The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
The last 10 years bailouts have been raining like crazy and few people noticed. Let's hope this is going to change.
llcoolv··on The Days of Bitcoin Mining Are Nearly over (2019)
The very same claim was made after the January 2018 bubble burst... Truth is that the hash rate is going up over time[0] and this is not really a problem. There are also too many misunderstandings in this article for me to bother listing them one by one.

0. https://www.blockchain.com/en/charts/hash-rate

llcoolv··on MIT to no longer consider SAT subject tests in admissions decisions
This is more of a joke story, but a few years ago a friend of mine who is neither ambitious nor succesful surprisingly scored 165-170 on their test. When they offered him a membership and told him the membership fee, his reaction was - Alright, but as I am in the top 5% of your members - should not you be paying me to hang out with you? :D :D :D
llcoolv··on Ask HN: Major cities rental market 2020
Yes, but I can easily see the borders staying closed for quite some time, especially in countries that manage to flatten the curve, the direction in which they are closed might change though.
llcoolv··on Berlin Clubs stream live electronic music
The autorities must have cracked down on corona parties - https://imgur.com/grTlPcP.png. Apologies for providing a screenshot, but it is really funny how the two headlines mix together :D
llcoolv··on MIT to no longer consider SAT subject tests in admissions decisions
On top of that exam dumps are much less efficient when it comes to SAT IIs, where questions are much more diverse an subject knowledge is essential. SAT I is the one that is easy to game.
llcoolv··on For Years WallStreet Spent More on Buybacks Than It Earned-Now They Want Bailout
Luxury cars largely co-financed by the government :D
llcoolv··on For Years WallStreet Spent More on Buybacks Than It Earned-Now They Want Bailout
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

There is a way out of this joke. Keep your heads up and don't give up.

llcoolv··on For Years WallStreet Spent More on Buybacks Than It Earned-Now They Want Bailout
I found a book which very well explains the ideology behind what has been happening over the last 11 years. It is called Capitalism 4.0 by Anatole Kaletsky.

If Capitalism 4.0 is really capitalism I would leave to everyone's discretion. It is about to end in an really really ugly way though.

P.S. The book distinguishes between american 'democratic capitalism' and chinese state-run capitalism, but I personally don't see how the democratic one based on money printing[1; the stock market growing 20% a year with GDP only 2%] is any different or capitalism in any way.

1. https://www.businessinsider.com/qe-correlations-between-stoc...

llcoolv··on Stock buybacks are dangerous for the economy
Well. The debt that financed the buy backs was created by a central planning authority with a massive control over the economy, so let's don't call centrally-planned collectivist policies capitalism, because they have nothing to do with it. Also, the pressure for the buybacks comes from institutional investors and centralised authorities.

Btw this sort of state-run "capitalism" isn't really socialism either, to me it is more reminescent of the 1930s in Southern Europe.

llcoolv··on Popcorn Time 4.0
I am not really sure if it is the ISPs' conspiracy or that there is simply a lot more demand than supply. E.g. limited seeding a lot of leeching. Last night I wasn't able to open any of the two bittorrent catalogs that I use (PBay and rarbg).
llcoolv··on Popcorn Time 4.0
Or ghettoflix as we call it :D

Is this the same repo that is in Archlinux AUR?

llcoolv··on 2020 Stock Market Crash
I am sorry to disappoint you, but a serious depression lasting years is already inevitable no matter what.
llcoolv··on 2020 Stock Market Crash
First of all, thank you very much for reasoning instead of downvote, swear & deny. I really do appreciate it.

I do - over the last 10 years of extensive money printing companies seemed to be healthy, but gathered structural problems, which were not only not solved, but deepened by expanding regulations and such. Just before the crisis started most of the investment grade instruments were BBB (one slight blow away from junk).[0]

In December there was a presentation by the local Mieses Institute where a hypotetical scenario similar to what is happening right now (it was a war near EU + another migrant wave leading to in-EU border closures and state of emergency in multiple countries) was played out. What was predicted is extremely similar to what is playing out right now, though the initial shock was supposed to be weaker. I am really sorry the presentation was not in English, it really had all my thoughts put together in a very coherent way.

Keep in mind that the 30% drop is just market panic. There have been no bankrupcies, defaults and layoffs yet. This is when the fun is going to start.

Another thing that was predicted exactly was that if you look deeper, beyond the indexes, at how the first tranche of the $1.5 trillion package was spent you'd see that hot companies like MSFT restored their value, while troubled ones like UAL received almost nothing. So the bankrupcies, defaults and layoffs have not yet begun and we are already 30% down. What is going to remain after they're done?

0. OECD - "Figure 8. Composition of the investment and non-investment grade categories" https://www.oecd.org/corporate/Corporate-Bond-Markets-in-a-T...

P.S. The rest of the OECD report makes for a very very interesting reading in a time like these. But what you're looking for in it is how at year 2000 most common investment grade is A followed by AA and BBB about even, while now it is a total clusterfuck (with apologies).

llcoolv··on 2020 Stock Market Crash
It is a crisis, which is caused by monetary politics and politics overall. The coronavirus was as you say just the catalyst.
llcoolv··on 2020 Stock Market Crash
You're absolutely right. We (EU+US) will be lucky to get over it with less than 30% GDP loss. Mostly because the schmuckery that got us out last time doesn't appear to work this time.
llcoolv··on Traders question value of stock-market circuit breakers
Well those circuit breakers are the same thing communist governments used to do with the Berlin Wall, etc. It is just that this time it is the investors and not the citizens who are banned from abandoning ship.

And as the entire stock market is based on trusth, the long-term and even mid-term results are horrendous and totally not worth it.

llcoolv··on S&P 500 drops 9%, extending losses after 15-minute trading halt
The truth is that by printing money and stealing value from someone you don't make the pie larger...
llcoolv··on S&P 500 drops 9%, extending losses after 15-minute trading halt
Well. Now all the previous 10 years of growth through wild money printing, affirmative action, green subsidies, life-saving regulations, etc are showing their real 'worth'.
llcoolv··on Cryptocurrency Now Fully Legal in South Korea
Yes. More popularily known as EMA, apologies.
llcoolv··on Cryptocurrency Now Fully Legal in South Korea
Bitcoin's maximum (and future) audience is 100% of world's GDP, so that governments can no longer steal value through inflation (FRB and QE). So far it isn't anywhere near that level yet.
llcoolv··on Cryptocurrency Now Fully Legal in South Korea
The annual average has been constantly growing - the 20k peak was only several hours long and there are 8760 hours in an year. The 360-day WME gain being consistently in the double figures IS an indicator of BTC's value having no intention to stop growing.
llcoolv··on We all wear tinfoil hats now
This is an extremely one-sided and biased article. Basically, it presumes that manipulating public opinion begins with Cambridge Analytica, being completely oblivious to the excesive lies, public shaming, character assasinations, alarmism that the agents of the "solid establishment consensus" (The Guardian, NYT, BBC, Deutsche Welle, etc) routinely perform.
llcoolv··on Kickstarter employees vote to unionize
Well. You can have all the free market leverage on the world, but without a union you cannot participate in regulatory capture and these days it is all that matters :)
llcoolv··on Our critique of Behringer's proposed TD-3 variant with Devil Fish functions
My experience with Behringer guitar effects pedals is that they are 1:1 clones of more popular ones (mostly by Boss). Here is an example list: https://www.tonestart.com/ultimate-behringer-guitar-pedal-cl...

Basically, the components in a 80-250 EUR guitar pedal are worth around 5-15 EUR and the rest is intellectual property. So it is possible to pirate hardware as well.

llcoolv··on Java 14 Feature Spotlight: Records
Could you show an example of it? In none of the materials published so far there is anything even remotely similar to what you are suggesting.
← PreviousPage 3 of 8Next →