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mbgaxyz

3,563 karma · joined November 22, 2015

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mbgaxyz··on Why I just bought 90 B2X (Bitcoin SegWit2X futures)
Some questions come to mind:

When was the final decision made to cancel Segwit2X?

Who was involved in the decision making process?

Who knew about the discussions regarding the decision?

Were the futures being marketed and sold with prior knowledge of the possibility of cancellation?

mbgaxyz··on Segwit2x Bitcoin Fork Suspended
It's an embarrassment for the industry as a whole.

The "New York Agreement" was a blog post, it was never a legally binding and enforceable contract.

There's a strong argument that the "agreement" was designed to fail, as it's hardly a compromise when party A gets what they want immediately, but party B has to wait.

In future, all "agreements" should be ignored.

mbgaxyz··on China: UCLA teammates facing 3-10 years in prison if convicted of shoplifting
Extract:

What they face now bears little resemblance to the legal system of the United States. The three men could be detained for more than a month without American-style bail before local prosecutors even decide whether to press charges, according to William Nee, a Hong Kong-based researcher of the Chinese court system for Amnesty International.

Nee said it is not uncommon for a defendant to wait 30-37 days before being officially indicted. Among those indicted, Chinese prosecutors enjoy a 99.2 percent conviction rate, according to Nee’s research.

While it is unknown exactly what the players are being detained for, Chinese law calls for a fine and between three to 10 years in prison for anyone convicted of "robbing public or private property using force, coercion, or other methods."

mbgaxyz··on Japanese exchange will pay you 5% interest to borrow your Bitcoin for a year
How can they generate more than 5% yield on an asset which provides no cashflow?

From proprietary crypto trading?

Selling and investing in high-yield junk bonds?

It can't possibly be just speculation on a rising price.

mbgaxyz··on Bitfinex never ‘repaid’ their tokens, they started a ponzi scheme
There is interesting linear regression analysis in the folder above, between issuance of Tethers and the price of Bitcoin.
mbgaxyz··on Beware of the Bitcoin Bubble: Investment and Financial Advisors Warn
A signal?

“A month before the 1987 crash, my cab driver said he started day trading,” said Scott Kelly, CEO of Black Dog Venture Partners in Phoenix, Ariz. “A month before the real estate crash in 2007 in Arizona, my cab driver said he was getting into flipping real estate. Last week, my Uber driver said he just started trading Bitcoin.”

mbgaxyz··on 60 journalists all spend one week covering Cincinnati's battle with heroin
Moderators:

This is a duplicate of an earlier post:

https://news.ycombinator.com/item?id=15224794

Which has the exact same URL:

http://www.cincinnati.com/pages/interactives/seven-days-of-h...

Is there a bug in the submission system?

mbgaxyz··on The China ICO Ban
Nobody wants to be the first ICO "advisor" to be made an example of...

https://www.bitsonline.com/china-death-penalty-ico-traders/

https://www.cbsnews.com/news/death-penalty-for-chinese-ant-f...

http://www.chinadaily.com.cn/china/2011-11/09/content_140611...

mbgaxyz··on Possibility of explosion at Arkema chemical plant near Houston
Archived post:

http://web.archive.org/web/20170830230931/http://www.arkema-...

mbgaxyz··on The Fallacy of the Selfish Miner in Bitcoin: An Economic Critique
This paper is related to a mathematical critique found here:

https://news.ycombinator.com/item?id=14839648

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3004026

mbgaxyz··on Bitcoin – Potential Network Disruption on July 31st
> Right now there are 3 implementations of Bitcoin in the wild

Make that 4...

https://www.bitcoinabc.org/

mbgaxyz··on Dr. Wright and the Case of the Time Traveling PGP Key
Concluding Paragraph:

> "There is no way a security conscious individual wouldn’t update his key in 2011 following SHA1 debacle, which explains why the key that signed the document uses a default parameter that did not exists at the time of the key creation."

mbgaxyz··on Silicon Graphics, Craig Wright, and the Untold Story
Moderators, why was this submission flagged?
mbgaxyz··on Silicon Graphics, Craig Wright, and the Untold Story
Hmm. The UK and Australia have an extradition treaty and good working relations. If someone were to abscond from Australia, having committed an offence such as fraud, the UK seems a strange choice of destination.
mbgaxyz··on Silicon Graphics, Craig Wright, and the Untold Story
Perhaps this is it?

https://researchoutput.csu.edu.au/en/publications/the-quanti...

Wright, C. (2017). The quantification of information systems risk: A look at quantitative responses to information security issues Australia: Charles Sturt University

Doctor of Philosophy

mbgaxyz··on Bitcoiners Are Freaking Out Over 'The Flippening' – Motherboard
http://www.flippening.watch/
mbgaxyz··on Bankrupt Mt. Gox may soon be able to pay its creditors
Not much would happen, trading over the past 24 hrs was almost $2 billion. See here: http://coinmarketcap.com/
mbgaxyz··on Apple Gives the MacBook and MacBook Pros a Kaby Lake Refresh
Thanks for the clarification.
mbgaxyz··on Apple Gives the MacBook and MacBook Pros a Kaby Lake Refresh
How about just one single discussion thread "Apple WWDC news and announcements" rather than multiple ones?

A Kaby Lake refresh is hardly news when the rest of the industry is already preparing for Gemini Lake.

mbgaxyz··on Titanium: Project to prevent criminal use of the dark web and virtual currencies
Monero...

"We have to have faith that at the very least, the primary developer of this project is not acting directly in bad faith. And IMO, we can no longer be certain of that."

https://www.reddit.com/r/Monero/comments/6d5yt5/what_fluffyp...

"What company wants to adopt Monero as payment when a representative lies about announcements for his own enjoyment?"

https://www.reddit.com/r/Monero/comments/6d5t7x/fake_news_fl...

mbgaxyz··on Brave raises $35M in 1 min with ICO
All roads lead to AllAdvantage :-)

https://en.wikipedia.org/wiki/AllAdvantage

mbgaxyz··on Bitmain's Israel office vandalized as part of ongoing Bitcoin block size debate
Bitmain Israel response:

"Bitmain Israel is a small office. There are 6 of us, men and women, most of us are with families. We develop and operate ConnectBTC, a mining pool designed to be easy to use and informative to both home and professional miners.

...

The attacks kept coming, even got personal at times. I disengaged. What’s the point of talking if there’s no one listening? That time will be better spent elsewhere. I left an open invitation to Nadav and anyone else that’s interested in talking to come visit our office, have coffee, and discuss.

But coffee and discussion was not what he was after. As we stopped responding online and did not engage, he decided to escalate. During the last weekend, at nighttime, while the office was closed and we were away, he infiltrated the building where our office is and decided to go on a good old fashion vandalism streak, posting messages threatening our employees."

https://medium.com/@gadigg/vandalism-is-not-the-new-consensu...

mbgaxyz··on Disclosure of a Major Bug in CryptoNote Based Currencies
Poloniex has a duty of care to its customers.

Poloniex should suspend the trading of ByteCoin until it can be determined whether or not the bug has been exploited, as some reports indicate:

https://www.reddit.com/r/Monero/comments/6buu5j/disclosure_o...

It's surprising that an exchange like Poloniex would allow trading in potentially fradulent ByteCoins to continue.

https://poloniex.com/exchange#btc_bcn

However, in Poloniex's defense, they could argue that the security disclosure just 24 hours ago has not given them enough time to respond, and that up until now they were only ever aware of a (fake) DoS bug impacting CryptoNote coins, rather than a critical vulnerability.

https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-i...

2017-02-21: The patch is surreptitiously snuck into the Monero codebase in pull request #1744. It is kept secret to prevent it being used to attack other CryptoNote coins.

2017-02-22: A point release of Monero is rushed out so that exchanges and mining pools can update, under the guise of it preventing a RingCT DoS attack (such attack did not exist, but it seemed a fair explanation).

mbgaxyz··on How to explain zero-knowledge protocols to your children (1998) [pdf]
https://z.cash

Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography. The Zcash client is now available for download as a command-line tool for Linux.

mbgaxyz··on Innocent man who spent 23 years in prison falls for OneCoin cryptocurrency scam
Just awful:

...he thought OneCoin presented an opportunity to catch up to the modern world after his 23 years in prison. “Most people are not familiar with this area, so, in this new field, I could perhaps stand on the same starting line as everyone else,” he said. “I’ve been disconnected from society for too long.”

mbgaxyz··on The Inventor of Email Is V.A. Shiva Ayyadurai – The Facts
So is networked messaging the same thing as "email"?

Shiva:

"What Tomlinson and the ARPANET (a predecessor of the Internet designed for the military) folks invented was a rudimentary form of text messaging at best. But I created EMAIL , the entire system replicating all the functions of the interoffice mail system (Inbox, Outbox, Folders, Attachments, Memo, etc.) -the email, we all know and experience today. Never did I use any component of the ARPANET to create this system." http://economictimes.indiatimes.com/magazines/panache/ray-to...

Smithsonian:

"Exchanging messages through computer systems, what most people call “email,” predates the work of Ayyadurai. ... Many innovations are conceived independently in different settings. Historians who have documented the early history of electronic messaging have largely focused on the use of large networked computers, especially those linked to the ARPANET in the early 1970s. Ayyadurai’s story reveals a contrasting approach, focusing on communicating via linked computer terminals in an ordinary office situation. The system was localized, linking only three campuses rather than multiple large institutions. It was a small enterprise, rather than a big enterprise story." http://americanhistory.si.edu/press/releases/statement-natio...

mbgaxyz··on Tim Cook wants governments to fight fake news, which is “killing people's minds”
From article:

...he calls for a campaign similar to those that changed attitudes on the environment to educate the public on the threat posed by fabricated online stories.

“It has to be ingrained in the schools, it has to be ingrained in the public”, said Mr Cook. “There has to be a massive campaign. We have to think through every demographic.

“All of us technology companies need to create some tools that help diminish the volume of fake news.

"We must try to squeeze this without stepping on freedom of speech and of the press, but we must also help the reader. Too many of us are just in the complain category right now and haven’t figured out what to do.”

He said that this crackdown would help providers of quality journalism and help drive out clickbait. “The outcome of that is that truthful, reliable, non-sensational, deep news outlets will win,” Mr Cook said.

mbgaxyz··on 49.2% of NYTimes site traffic is from China, a country which blocks the NYTimes
How should the Alexa results be interpreted?

Similar situation where China has a large share of traffic:

http://www.alexa.com/siteinfo/guardian.co.uk (not the .com)

http://www.alexa.com/siteinfo/washingtonpost.com

Whereas these media outlets don't see this:

http://www.alexa.com/siteinfo/huffingtonpost.com

http://www.alexa.com/siteinfo/dailymail.co.uk

http://www.alexa.com/siteinfo/usatoday.com

http://www.alexa.com/siteinfo/drudgereport.com

mbgaxyz··on NOAA whistleblower claims 'Pausebuster' paper is based on unverified data
Extract:

> In the weeks after the Pausebuster paper was published, Dr Bates conducted a one-man investigation into this. His findings were extraordinary. Not only had Mr Karl and his colleagues failed to follow any of the formal procedures required to approve and archive their data, they had used a ‘highly experimental early run’ of a programme that tried to combine two previously separate sets of records.

This had undergone the critical process known as ‘pairwise homogeneity adjustment’, a method of spotting ‘rogue’ readings from individual weather stations by comparing them with others nearby.

However, this process requires extensive, careful checking which was only just beginning, so that the data was not ready for operational use. Now, more than two years after the Pausebuster paper was submitted to Science, the new version of GHCN is still undergoing testing.

Moreover, the GHCN software was afflicted by serious bugs. They caused it to become so ‘unstable’ that every time the raw temperature readings were run through the computer, it gave different results. The new, bug-free version of GHCN has still not been approved and issued. It is, Dr Bates said, ‘significantly different’ from that used by Mr Karl and his co-authors.

Dr Bates revealed that the failure to archive and make available fully documented data not only violated NOAA rules, but also those set down by Science. Before he retired last year, he continued to raise the issue internally. Then came the final bombshell. Dr Bates said: ‘I learned that the computer used to process the software had suffered a complete failure.’

The reason for the failure is unknown, but it means the Pausebuster paper can never be replicated or verified by other scientists.

...

‘I want to address the systemic problems. I don’t care whether modifications to the datasets make temperatures go up or down. But I want the observations to speak for themselves, and for that, there needs to be a new emphasis that ethical standards must be maintained.’

...

Last night Mr Karl admitted the data had not been archived when the paper was published. Asked why he had not waited, he said: ‘John Bates is talking about a formal process that takes a long time.’ He denied he was rushing to get the paper out in time for Paris, saying: ‘There was no discussion about Paris.’

He also admitted that the final, approved and ‘operational’ edition of the GHCN land data would be ‘different’ from that used in the paper’.

As for the ERSSTv4 sea dataset, he claimed it was other records – such as the UK Met Office’s – which were wrong, because they understated global warming and were ‘biased too low’. Jeremy Berg, Science’s editor-in-chief, said: ‘Dr Bates raises some serious concerns. After the results of any appropriate investigations... we will consider our options.’ He said that ‘could include retracting that paper’. NOAA declined to comment.

mbgaxyz··on The real 'Calexit': 21 counties have filed to secede from California (2016)
Sacramento Bee:

"State of Jefferson supporters plan bill seeking independence from California

Jefferson proponents contend that their rural areas lack adequate representation in state government, which has led to over-regulation and environmental policies that decimated their regional economies, particularly the logging and mining industries that historically supported them. Their seal bears an XX, signifying that they have been double-crossed by state government.

At a rally on the steps of the Capitol to celebrate the “declaration day,” Mark Baird, a retired pilot from Siskiyou County who has led the Jefferson movement, called it “systematic persecution” and promised to “start a straight-up fight with the people in that building” to win their independence.

“We live in a state led by liars,” he said. “They have no empathy for what it takes to live our lives.”

http://www.sacbee.com/news/politics-government/capitol-alert...

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