electic's comments

electic | 6 years ago | on: America’s Great Climate Exodus Is Starting in the Florida Keys

I'm not referring to frequency but the water content in each storm. There are a lot of sources, but here is a preliminary data report that was put together by NOAA[1]. There is commentary by scientists at NOAA[2].

Overall this isn't rocket science. You have warmer temperatures over the ocean, which yields more water in the air to get caught up in passing hurricanes. The net result is more rainfall when it hits land. It is what it is.

[1] https://w2.weather.gov/climate/getclimate.php?date=&wfo=lix&...

[2] https://www.nytimes.com/2019/07/11/climate/hurricane-tropica...

electic | 6 years ago | on: America’s Great Climate Exodus Is Starting in the Florida Keys

The issue isn't the hurricanes or the strength that is associated with them, it is the water content. In the past, hurricanes main threat was the wind. With wind, you can mitigate that with stronger building techniques and since the flooding was minimal, it was easy to recover from.

The new issue with these hurricanes is that they are bringing significantly more water with them because of global warming. The net result is you are seeing once in 1500 year floods happening every year.

It is very hard to recover from those. Especially if you find yourself doing it every year. At some point, you have to move.

The net loss is property and economic activity to name a couple.

electic | 6 years ago | on: WeWork’s List of Potential Conflicts Adds to Questions Ahead of IPO

I did know some friend who were tenants five years ago but today....no one.

Why? Because here are so many co-working spaces that have popped up over the last few years. There is no moat or barrier to entry other than the capital to lease a place and set it up. These new co-working places also tend to be cheaper.

You can see the net effect on their S-1 filing where their per-desk revenue is slowing and their growth rate is slowing in markets where they have existing locations. The only way they can grow at a decent pace is to open new locations in new markets and that is very very capital intensive.

electic | 6 years ago | on: How to clean your Apple Card

I have looked at many cards. But most of them have annual fees, have categories that don't give the same percentage cash back on certain purchases, or they have limits.

For example, most cards have a 2% cash back limit up to $6,000 dollars. There is the Citi Double cash card that does have unlimited but really it is 1.98 percent because you get 1% on every dollar spent and 1% on every dollar paid. However, if you apply it to your statement you have not paid the balance so it really is a bit lower than 2%. Not to mention, you need at least 25 dollars in cash back before you can use it and it expires.

Apple gives the cash back the next day. Which is insane. While Citi takes 1.5 months to give it to you. It is easy to forget about it and one of the reasons why so many people forget and it expires out.

The only exception is travel cards. If you travel a lot it might make sense to get one of those cards for the perks because your usage will offset the annual fee. In that department, Apple does provide no foreign transactions fees and I think that is good enough for me.

electic | 6 years ago | on: How to clean your Apple Card

I have been using Apple Card now for about two weeks and I have to say the physical card is nothing short of marketing genius by Apple.

The 2% unlimited cash back now has me using Apple Pay everywhere. At places that don't have it, I have to pull out the titanium card. Almost every place I go to people ask what is this card? Am I an Apple employee? Keep in mind, most places have never seen a titanium card before because they are typically given to extremely high net work individuals by AMEX and Visa.

After explaining what the card is. They invariably ask what is the benefit of the card. Being a nice guy, I explain them the benefits of the card.

The card is a conversation starter. It serves as an advertisement for people to sign up and it also serves as a way to get the establishment that you used the card to start accepting NFC payments.

None of this would be possible if the card was a crappy plastic material.

electic | 6 years ago | on: Apple Card launches today for all US customers

The way the Citi Double Cash Card works is you get 1% for every dollar spent and 1% for every dollar paid.

- It is actually 1.98% because when you apply it to a statement credit you are not really paying off the full total. You get a straight 2% back, daily, with Apple Card.

- There is also a redemption minimum with Citi, in this case there needs to be at least $25 dollars in cash back before you can claim it. Apple doesn't have that.

- Citi card has foreign transaction fees. Apple Card does not.

- The rewards "expire" with Citi. Apple's doesn't.

- Citi's rewards are given to you after your first statement is paid off and higher than 25 dollars. Apple's is given daily, and you can do what you want with those cash rewards.

electic | 6 years ago | on: Apple Card launches today for all US customers

Not to mention the 2% and 3% cash back are for certain categories and there are limits to how much you can get back in a given year with other cards.

For example, most cards will allow you to get a 2% cash back up to $6,000 per year. I have yet to find a card that has unlimited 2% cash back on ALL purchases.

Apple Card is unlimited 2% back, no category restrictions, as long as you use Apple Pay. That's quite a deal.

electic | 6 years ago | on: Keybase and Stellar is live for everyone

Correct. The price especially is wrong on CMC when there is high volume events.

I also invite the OP to check out Blockmodo's API. We deliver this data to developers and institutional investors.

https://blockmodo.com/docs/api

We stream everything which includes the price, trades, news, social media and community posts, and code checkins.

On the price side, we have two channels. We have a stream channel and a ticker channel. The stream channel derives the price of tokens by looking at raw trades from a select set of exchanges which have been vettted.

We are based in SF and happy to help at no charge! Drop us a note.

electic | 7 years ago | on: Netflix stops paying the ‘Apple tax’ on its $853M in annual iOS revenue

> The Apple store seems good for small apps

This is simply not true. As a small app developer, I can tell you first hand that Apple only promotes and supports larger apps in the ecosystem. It is the exception, not the rule, when they promote a smaller app.

As a developer, you are on your own on the marketing and discovery front. The billing infrastructure you allude to would be easily replaceable with a dozen or so startups and wouldn't warrant a 30 percent hit that Apple charges.

electic | 7 years ago | on: Startups Are Becoming Dumb and Hard

I actually tried to read this article but gave up. The scroll jacking on the site made it incredible difficult to read because when you scroll, the paragraph you want to read, is unnaturally scrolled of the page.

electic | 7 years ago | on: Show HN: Coinmarketcap replacement with free JSON API

Different experiences I guess. We do not require a login. You can use the API without a key.

We actually started of with the price. Our goal was to be as low latency as possible. We have all the stats like price, histograms, market cap, etc in there. Most of our infra is keeping number stats on coins and maintaining profiles on them

However, the days of price and marketcap are over. We are seeing that feedback come from larger customers. They want to see code checkins, they want to see what's happening in the different sub-reddits, they want to keep up with what the team is tweeting. All those feeds are important to give you a holistic view of a coin and the market in general.

Anyway, happy to help and share whatever we can. Feel free to drop us a note.

electic | 7 years ago | on: Show HN: Coinmarketcap replacement with free JSON API

This is really cool, great work!

I am one of the developers of Blockmodo. It offer realtime data streamed directly from the exchanges via a WebSocket API. Alternatively, you can also go through our REST API as well to get this data.

Data can be streamed aggregated or if you choose, you can also stream and poll the data on a per-coin basis. For example, if you want the aggregate price of Bitcoin you can do that but if you want the price streamed of Bitcoin for BTC/USD for Bitfinex, you can do that as well.

In addition to the price, we offer full streaming and REST data on:

- Realtime news on each coin. Our backend also detects bot generated articles and excludes those.

- Realtime community posts across different sub-reddits, forums, etc

- Realtime social posts from the developers of each coin (twitter, etc).

- Realtime code checkins from the developers across multiple repos segmented by the coin (github, etc).

- Full coin profiles (name, website, telegram urls, etc).

We do this on over 2700+ coins for developers and terminal makers across 100+ exchanges. You can explore the documentation here:

https://blockmodo.com/docs/api

How can I see it in action?

You can see it in action here by visiting our front page:

https://blockmodo.com.

Another terminal app that is connected to the network is CoinHub for iOS which you can check out here:

https://coinhubapp.com

electic | 7 years ago | on: Ask HN: What’s the state of Bitcoin/Alt coins?

This is probably a hostile forum to ask such a question to be honest. The HN crowd is pretty negative on the whole concept from past experience. Which is fine, everyone has a right to a view.

I do have some resources you can dive into where there are people talking about this very topic:

Market at glance:

https://blockmodo.com/

News from the entire space:

https://blockmodo.com/markets/latest_news

Community posts from over 2,500 sub-reddits that deal with bitcoin and alt-coins:

https://blockmodo.com/markets/latest_community

You can also get this all segmented by coin as well. For example, if you just want Bitcoin you can go:

https://blockmodo.com/quotes/BTC

Some other blogs that I like are:

1. https://coindesk.com

2. https://cointelegraph.com

Hope this helps.

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