PatientTrader | 8 years ago | on: Accessing Publicly Available Information on the Internet Is Not a Crime
PatientTrader's comments
PatientTrader | 8 years ago | on: Accessing Publicly Available Information on the Internet Is Not a Crime
> I'd also note that these companies are barely (if ever) held liable for life-compromising hacks on their platforms.
You do know it is impossible to stop all cyber attacks? Its always a matter of when, not if. Zero day attacks are developed everyday with not even the best funded cyber security systems able to thwart them. The geniuses are on the offensive side, if they want in, they will get in.
PatientTrader | 8 years ago | on: Disney to Acquire Twenty-First Century Fox
Hopefully this deal is killed. Its really bad for consumers, content creators, and actors. Monopoly on too much media all under one roof is bad all around...
PatientTrader | 8 years ago | on: Ask HN: Is it too late to get into Bitcoin or cryptocurrency in general?
Obama had no reason to regulate it. The first exchange was in 2009, so it was still relatively new. Most people thought it would never be successful. However, its continuing to expand in popularity and grow in use. Naturally, profit seeking Government will see the value of getting involved with regulations, taxes, mandates etc. Most likely to happen under a democratic administration imo
PatientTrader | 8 years ago | on: The Crash of ’87, from the Wall Street Players Who Lived It
> A crash is generally bad for anyone who's invested
You are forgetting that cash in hand or in a bank is an asset/investment. Cash should be 20-30% of any investment portfolio.
PatientTrader | 8 years ago | on: The Crash of ’87, from the Wall Street Players Who Lived It
> It's also ignoring the amount of middle-class savings that are destroyed during the crash
Cash savings actually increase in value during crashes. Crashes provide the middle class with opportunities to purchase assets that they otherwise would not be able to afford.
PatientTrader | 8 years ago | on: The Crash of ’87, from the Wall Street Players Who Lived It
> Holding cash, after all, is just withholding wealth from being productive.
Not true. Cash in hand or cash in the bank is actually an asset not a liability. Every diversified portfolio should have cash in it. Some say as much as 30% of your wealth should be in cash or in assets that can be quickly converted into cash. If all of your wealth is tied to real estate or illiquid assets than that is a problem.
PatientTrader | 8 years ago | on: The Crash of ’87, from the Wall Street Players Who Lived It
Crashes are actually great for the middle class. The value of the dollar increases as prices come down. Homes, land, property, etc all become cheaper during crashes. This "bull market" is the actual "crash." All its doing is depleting the value of your money
PatientTrader | 8 years ago | on: In Colorado, opioid deaths fall following marijuana legalization
Correlation does not equal causation. This is Yellow Journalism at its finest. The researchers even stated that their "results are preliminary" and not final, but of course the media runs with everything.
PatientTrader | 8 years ago | on: We are doing it wrong – the truth about agile development
That's true. But any investor/CEO/Business owner will tell you: It's better to be late and right, than to be early and wrong.
PatientTrader | 8 years ago | on: Ask HN: What was your “why didn't I start doing this sooner” moment?
Keep in mind that fast food companies and a large share of food manufactures thrive on using high amounts of sodium in their processed foods to increase shelf life and improve margins (i.e. from factory until bought by consumer). I don't doubt the validity of that research, but I would be interested to see who funded it. And of course all humans need sodium to maintain a healthy balance, but many foods we eat today unexpectedly have excessive amounts of sodium in them.
PatientTrader | 8 years ago | on: Wag, the ‘Uber for Dog-Walking,’ Is Drawing Uber-Like Scrutiny
This business model will fail horribly. Unlike Uber where you provide rides from random people at random locations each time. Dog sitting/walking is a pretty consistent endeavor. Walkers/Sitters will just build up a clientele of about 5-10 consistent dog owners and go to them directly. They bypass the app, removing the fees that they otherwise would have to pay to the company.
PatientTrader | 8 years ago | on: Wag, the ‘Uber for Dog-Walking,’ Is Drawing Uber-Like Scrutiny
This business model will fail horribly. Unlike Uber where you provide rides from random people at random locations each time. Dog sitting/walking is a pretty consistent endeavor. Walkers/Sitters will just build up a clientele of about 5-10 consistent dog owners and go to them directly. They bypass the app, removing the fees that they otherwise would have to pay to the company.
PatientTrader | 8 years ago | on: Ask HN: What was your “why didn't I start doing this sooner” moment?
Reducing sodium intake. You will instantly lose weight, feel less sluggish, have more energy etc. By simply reducing the amount of sodium in your diet you are increasing your chances of living longer. Over 500,000 deaths each are from complications with high sodium levels causing health problems.
PatientTrader | 8 years ago | on: We are doing it wrong – the truth about agile development
Defer decisions until the last moment possible is one of the best things to do when making a tough decision. Its weird how we praise "quick decision makers." They are more or less simply gambling. Information tends to grow exponentially overtime. By waiting your chances of making a sound decision increase.
PatientTrader | 8 years ago | on: Equifax takes down web page after reports of new hack
This has nothing to do with punishment. This is the result of a broken system. Most fortune 500 companies pay the ransomware price and the public is never aware of any breach. The idea of storing information on a connected network is the problem. We need to return to the brick and mortar way of storing data, i.e. Tightly guarded central facilities. Nobody should be able to steal 148 million accounts with the click of a button.
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What exactly is your solution to the problem? You are more or less complaining without providing any insights into addressing the issue or without knowledge of the threat landscape.