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throwaway30yo

122 karma · joined August 25, 2017

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throwaway30yo··on Home ownership is a lousy investment compared with stocks or bonds
I agree its a great calculator. The funny thing is that I used it and it convinced me its far better to rent in my market.
throwaway30yo··on Home ownership is a lousy investment compared with stocks or bonds
You could get a HELOC?
throwaway30yo··on Home ownership is a lousy investment compared with stocks or bonds
Use options and you can get very leveraged.
throwaway30yo··on Dow plunges 1000 points
They are likely related, but it sure would have been interesting if the market went down 2000+ points at the same time Bitcoin was surging upwards.
throwaway30yo··on Stocks are rolling over, Dow falls 1,500 points
You are correct, but that battle is lost.
throwaway30yo··on Ask HN: Should professional gamers be screened for performance enhancing drugs?
No.

Also I do not think Olympic athletes should be tested. I once competed at a very high level in sports and the use of drugs is significantly higher then anyone would expect. The difference was that the poorer countries only had access to old school steroids (testosterone, dbol, tren etc) while the richer countries had access to things which at the time were impossible to detect (GH, IGF-1, Research Peptides).

The effects of steroids specifically are seen many years after use, so unless you are testing the lifetime of an athlete the test is meaningless anyway.

2 twins, one does steroids for 2 years, one does not. The steroid user comes off of drugs for another 2 years, and still has a major advantage over the non-using athlete.

throwaway30yo··on Worries Grow That the Price of Bitcoin Is Being Propped Up
Could be the best buying opportunity of the year.

As someone involved in bitcoin since 2012, these cycles are pretty standard. It went from $1000 to around $250 iirc at one point and recovered. No reason it cant go from $20000 to $5000 and recover. It may take many years, but its not as if all crypto will die overnight.

I see crypto being big in the more distant future, 15-20 years away when many of the problems are sorted out. Everyone is focused on the extreme short term.

throwaway30yo··on Ask HN: How is you health?
Complete shit. Being 100% honest here.

Overweight from eating like crap, too many office snacks, drink 5+ cups of coffee a day, eat fast food, back pain from sitting too much, poor circulation, bad sleeping habits, carpal tunnel, high blood pressure, stressed out and depressed, think about ending life fairly often.

10 years into a career as a professional software developer, been writing software for 18 years though. 32 years old.

Through these sacrifices I have managed to make an absolutely ridiculous income, more then I ever dreamed of to be honest. In one year I make what my father made in 5 working for the federal government. I recently put in my notice and I am retiring. I hope to never write a line of code again in my life.

I love technology but being involved in software was not for me.

throwaway30yo··on How Automakers Invented the Crime of “Jaywalking”
You think an unoccupied car should have the ability to lock people in and take them to the police station?
throwaway30yo··on Half of the US government's financial assets are student loans
Millenial here. I think things are better then you think.

Failing government systems? Have always existed. Unaffordable education? Never went, no idea. Online education still free. Limited Housing and Land? Flyover country, tons of cheap housing and land. Degrading Climate? Yes. But even the most pessimistic projections are unlikely to effect my life.

Its a great time to be alive. Country not at war, unemployment is low, stock market doing amazing, crime is low, tons of new fields are emerging, sex is significantly easier to find then past generations, and the internet is still pretty great.

throwaway30yo··on Dogecoin's inventor looks to the past for insight into the future
DOGE is a pretty good currency to use for moving money between exchanges. That is why its used. If BTC had low/no transaction fees and was fast, people would have less incentive to use DOGE.

Overvalued? Its possible but I think the entire crypto market is actually insanely undervalued. I was talking to my financial advisor the other day and he said pretty much 100% of people now are asking him about crypto and are considering putting money in. This seems like it is just the start.

The figure for the .com crash was around a 7 trillion dollar market cap. Crypto is 0.7 trillion today and its more of an international market then the .com days. Easily cypto could 10x in size over the next year or two.

In the end its super high risk speculation. You can figure the entire market is overvalued but there is no doubt that there is money to be made in several sub-sectors of the crypto market.

throwaway30yo··on Dogecoin's inventor looks to the past for insight into the future
Lots already have succeeded. I have worked at 2 non crypto startups now that have been founded by someones crypto gains.
throwaway30yo··on Ask HN: What are the cons of DAGs as compared to blockchains?
A problem that the DAGs seem to face is that integration with an exchange is a much more difficult process. At least with XRB (Which I am most familiar with) each exchange has to set up multiple hot wallets and ensure they are kept in sync.

I think XRB is now exchanged on 3-4 sites and they all only have various levels of support.

I think the DAGs (XRB, Byteball, IOTA and likely many more I am unaware of) have the potential to be very useful for microtransactions.

throwaway30yo··on As of today, no US passenger airlines operate the Boeing 747
When it took off, it was only 1086.
throwaway30yo··on A.I. And Big Data Could Power a New War on Poverty?
Not that simple though,

Courts favour giving custody to Women. The men who do get custody generally have to have more of their affairs in order (job, housing, stability). So its not surprise when a man gets custody he is in a better financial position.

throwaway30yo··on Nepal bans solo climbers from Mount Everest
Its not that hard to put a price on it. As an avid mountaineer, I would attempt a rescue for a cool 10M USD.
throwaway30yo··on LAPD arrests man on suspicion of making deadly swatting call to Wichita police
Even with all the technology police + military has. I don't think it would be an easy win if the gun owning population decided to revolt. There would be millions of deaths. The government may end up on top, but the consequences would be dire.

Not an American. Canadian here. I actually wish we had American gun laws, even with their consequences.

throwaway30yo··on The Echo Dot was the best-selling product on Amazon this holiday season
That is the creepiest thing ive ever read on HN. I am 25 so maybe I am just getting jaded but that seems incredibly intrusive.
throwaway30yo··on [dead]
Bitcoin is deflationary by nature. One of the problems with it (scalability aside) is that who would want to spend an asset which keeps increasing in value?

So now Bitcoin is seen as more of a store of value. Which it actually seems to work pretty well for. A bit expensive to move around (but still, $20 is cheap compared to most value stores like land or gold).

throwaway30yo··on Ask HN: Your predictions for 2018?
Bold Predictions with no repercussions for being wrong:

- Crypto market cap breaks 1.2 trillion USD (50 billion usd per month increase).

- Cryptos without working software keep on increasing. Its the new "Don't monetize".

- Major data leaks continue in every industry, almost nobody cares.

- Dow Jones 30k

- Canadian PM steps down due to ethics violations.

throwaway30yo··on Cryptocurrency Analysis with Python – Buy and Hold
The project can always fork if major issues are found.

Bitcoin is very very far from a perfect solution, but it is a solution to many problems currencies have.

throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
Those things are free?

I feel like I have been paying for them since I got my first job at 14. I'll probably still be paying for them when I am 80.

throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
I disagree with a solid 80% of government spending. Lots go against my core values and morals. Currently right now as a Canadian I even have to pay taxes for religious schools, a religion which was responsible for molesting my father as a child.

I pay against my will because the government holds a monopoly on violence. They will lock me up for not paying.

A society built on top of the threat of violence is not one I endorse.

throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
Spoken like someone not from Canada.

When the government was funding all of the residential schools, you had no option but to pay the government or risk being tortured.

throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
I on the other hand, mind being taxed.
throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
They would need to regulate every ISP in the country to block the protocols, and then go after every website just using those protocols under the hood (and most of these would not be in the USA).

I can't see that ever happening especially because these protocols would have non currency uses as well.

throwaway30yo··on Tax-Free Bitcoin-To-Ether Trading in US to End Under GOP Plan
Only the centralized exchanges at that.
throwaway30yo··on A Las Vegas Resort Using Microwaves to Keep Guns Out
You work in the field of Medical Image processing so its reasonable that your opinion is biased due to the effect on your livelihood.
throwaway30yo··on Whale Watching: Many companies earn a huge portion of sales from a few customers
Reminds me of the old days of online poker. The regulars would sit around for hours just waiting for an unskilled opponent. They would almost never play each other.

Eventually the whale would leave and the game would instantly break. The ecosystem was so broken but sustained for a long period because so much money was being shovelled in.

throwaway30yo··on Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
Sure, but a modern day University is not a great model for education. All of the information from a 4 year degree can be found on the internet for free. Essentially you are buying accountability and for some majors getting past their barriers of entry.
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