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whoisjohnkid

121 karma · joined July 12, 2016

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whoisjohnkid··on Coinbase Card
It’s actually the other way around surprisingly. The big fish tend to have resources to fight the IRS in court; which becomes expensive for the IRS. Hence the IRS goes after the not so rich since they rarely put up a fight.

e.g. https://www.propublica.org/article/irs-sorry-but-its-just-ea...

whoisjohnkid··on Buying a single character domain – and 3 character FQDN – for £15
Lol I thought you misspelled Murphy’s Law until I clicked the link. Good to know. :)
whoisjohnkid··on How we got our AWS bill to around 2% of revenue
Keep in mind that lightsail charges you for inbound and outbound data transfer; whereas EC2 only charges for outbound ... so depending on your network usage the 4TB isn’t a guaranteed saving.
whoisjohnkid··on FFmpeg 4.3
great point. What I've done in the past is have a jenkins job that points at the latest release and trigger job manually when you know you want to upgrade to the latest version.
whoisjohnkid··on FFmpeg 4.3
ffmpeg is absolutely phenomenal. I recently used it to combine multiple separate audio tracks from a webrtc session into a single file.

For anyone that hates compiling ffmpeg from source, John Van Sickle does an amazing job of doing the work for you by making binaries publicly available for each version: https://johnvansickle.com/ffmpeg/

whoisjohnkid··on Using Reinforcement Learning in the Algorithmic Trading Problem
Run algorithms live, check results after X time has gone by.
whoisjohnkid··on Ask HN: Programs that saved you 100 hours?
Yeah I keep hearing great things about vscode. Need to give it a shot one of these days.
whoisjohnkid··on Ask HN: Programs that saved you 100 hours?
Goland - an IDE that specializes in Golang projects.

The following features have saved me 100s of hours:

  - Being able to run tests/benchmarks directly in a test file via either clicking the play button or using a keyboard shortcut

  - It’s refactor support

  - automatically getting imports ordered and code formatted on save

  - multicursor support

  - and even more!
One of the few IDEs I would actually pay for if my company didn’t already pay for it.
whoisjohnkid··on An authentication and authorization system based on RBAC for restful APIs
Lol I was thinking the same thing. Go FTW!
whoisjohnkid··on The Global Dollar Short Squeeze
Yeah it’s def tough to perfectly anticipate what the market will do next. What I’ve learned on my end is just simply be prepared for the following outcomes:

1. Market doing what you want

2. Market NOT doing what you want

3. Market volatility spiking

4. Market volatility decreasing

whoisjohnkid··on The Global Dollar Short Squeeze
Wow thanks for the response really appreciate it. I’m actually dabbling in trading atm, very familiar with bid ask spread and would def consider myself a practitioner, and not an economist/only thinking of things from a theoretical point of view.

I have a trading bot that trades crypto at the moment.

Anywho, what I was trying to convey in my initial post is that regulations make it tough for the little guy; especially on the stock market side.

My knowledge on options is definitely lacking, plan on learning more about that eventually, but when I referenced “insurance” I was def alluding to options / inversely correlated positions.

Any who what I mean by large capital requirements is to safely trade equities and crypto you typically want to trade based on a position sizing algorithm. Which reduces your position size based on the risk you’re exposed to.

In crypto the capital requirements are very low in the sense that you can buy a fraction of a share for as little as a few cents or even less in some places.

In stocks fractional shares are now becoming more and more accessible to people. But the problem there is you can’t actively trade a single stock unless you register as a active trader with the IRS. Also in most places fractional shares are $1. I would like to see this be even lower to truly allow anyone to run sophisticated strategies without needing a lot of capital.

$50 might not be a lot to me or you but it’s def a lot to others. Just wish system was designed in a way where you could trade sophisticated strategies with as little as $5 or heck 50 cents.

whoisjohnkid··on The Global Dollar Short Squeeze
Agreed.
whoisjohnkid··on The Global Dollar Short Squeeze
The financial system is rigged in the favor of bigger players; especially stock market. Big players with a lot of capital can easily add “insurance” to their investments via hedging strategies that a small investor would not be able to utilize due to the high capital requirements currently in place. They are other regulations that make it tough for small players to get into the game such as the mark to market feature which abolishes/ makes one exempt from the “wash sale rule”; the requirements to get this is an uphill battle for a small investor.

On the surface wash sale rule seems to make sense but in reality it limits the amount of trades you can do especially in times of high volatility. And as Nassim Taleb mentions in his book “Antifragile” things that are harmed during times of high volatility are extremely “fragile”.

The technology is already there to make proper investing available to the masses; unfortunately regulations heavily hinders the feasibility for a small company to roll something like this out.

whoisjohnkid··on Apple is developing a feature for using apps without requiring full downloads
Hope the security around this is air tight. Otherwise this will definitely be a new attack vector hackers will be using to get malicious binaries running on your phone.
whoisjohnkid··on Zoom sued for overstating, not disclosing privacy, security flaws
Not surprising. Crazy how zoom in the beginning of the crisis was hailed for helping folks get together, but now with all the highlighted security concerns they are receiving a ton backlash. Hopefully they can recover and learn from this.
whoisjohnkid··on YouTube tightens rules after David Icke 5G interview
Don’t like the direction YouTube and other social media companies are headed. This is pretty much censorship of free speech. I understand that he may be spewing garbage, but sheesh. At this rate YouTube will only have content it wants you to see; this is how it starts.
whoisjohnkid··on The Amazon Builders' Library
yeah this is great stuff!
whoisjohnkid··on Cheap Kubernetes Cluster on AWS with Kubeadm
If the vendor shares bare metal servers you’ll def want to keep this in mind: https://www.wired.com/story/dark-metal-cloud-computers-invis... - gist is they are some interesting attacks that can be ran on bare metal servers that are re-used
whoisjohnkid··on Ask HN: What books changed the way you think about almost everything?
I have quite a few:

- The Structure of Magic

- The Game by Neil Strauss

- Antifragile

- How to win friends and influence people

- 48 Laws of Power

- E-Myth

- Field Guide To Lucid Dreaming

- Turtle Trader by Michael Covel

Structure of magic may be the most impactful one out of all of them, but they are all hella good.

whoisjohnkid··on Show HN: ReboundRobots a game to keep you sharp
Hey Fellow HNers,

I built reboundrobots.com utilizing angular6, Spring Boot 2, http2, letsencrypt and websockets for multiplayer.

It was a lot of fun building this game. Check it out and let me know what you think.

It’s a great game to keep you sharp.

whoisjohnkid··on Ask HN: Tax Implications of Ethereum Smart Contracts?
Thanks for the input. Yeah I suspect it may be this way.
whoisjohnkid··on Ask HN: Tax Implications of Ethereum Smart Contracts?
Ahh I see thanks Charles! Yeah I’m reading up all I can about this subject atm. Curious to see if any fellow HNers have been down this path.
whoisjohnkid··on Ask HN: How do you learn? Is there a faster/efficient way to Learn?
My secret is time management. Outside of your daily obligations where are you spending time? Can any of those things be swapped out for more time to learn X?

Yeah this has been the key to me learning things faster, finding more time.

Another secret, find podcasts with people who are experts at X that talk about X.

Surround yourself with as much as X as you can.

I’ve used these techniques to learn, JavaScript, ruby, php, java, swift and more.

whoisjohnkid··on Ask HN: Is it legal to start a business that requires 0 customers?
Interesting. Didn’t know about this. Thanks!
whoisjohnkid··on Ask HN: Is it legal to start a business that requires 0 customers?
Awesome!

Yeah I’m thinking there will be more tax benefits if I traded via the business than personally.

whoisjohnkid··on Ask HN: Is it legal to start a business that requires 0 customers?
Ahh I see thanks!

The strategy I’m utilizing is an order flow based momentum strategy .. no need for all the common indicators most retail traders use.

I initially started with a dual divergence strategy that utilized divergence on macd and rsi, but this order flow strategy is way more accurate. 90%+ out of 100 trades.

I’m not really interested in selling the system, maybe at some point down the road I’ll start some kind of fund; ofcourse then I’d need more than a couple strategies.

whoisjohnkid··on I don’t want to be a software developer anymore
Yeah I thought the same thing why would someone accept a position at a given rate and expect a raise in 3 weeks? The only logical way I can comprehend that sentence is that HE was there for 3 weeks and SHE was already working there and after being there for X amount of time realized she wasn’t being paid what she’s worth. X being at least 6 months but realistically a year or more there.
whoisjohnkid··on iTerm2: Please disable 'Perform DNS lookups to check if URLs are valid'
lol this is exactly what I did. Worked like a charm.
whoisjohnkid··on AWS announces per-second billing for EC2 instances
Wow thanks for sharing this link. Didn't know about this.

One thing I noticed though is the pricing seems a bit biased; for example for AWS it recommends an m1.small with 1GB Ram and 20GB of Storage at $35 a month ... However if you used a t2.micro that would give you the same specs for $10.79

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