letney | 12 years ago | on: Coinbase Halts Sales
They charge 1% on every buy & sell -- so I don't think they're losing money.
letney's comments
letney | 12 years ago
No. Every US based cruise I've ever been on or heard about has free meals. Its common to hear people talk about gaining 10 lbs on a cruise because they ate so much.
letney | 12 years ago
A "Satoshi" already has the common usage/definition of 0.00000001 BTC -- the current smallest denomination.
[1]https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_de...
letney | 12 years ago | on: Bitcoin price reaches a record high for the first time since April
What's your source for the '...seizure of 5% of all Bitcoins recently'?
The FBI total seizure from Silk Road is 173,991 Bitcoins [1] -- which is about 1.45% of the Total BTC (11,954,825 [2])
[1] http://www.fbi.gov/newyork/press-releases/2013/manhattan-u.s...
letney | 12 years ago | on: Is Glenn Greenwald the Future of News?
The Honolulu Civil Beat, the primary news site run by Greenwald's new boss/funder Pierre Omidyar, is subscription based. http://m.civilbeat.com/info/membership/
letney | 12 years ago | on: FBI Says It's Seized $28.5 Million in Bitcoins From Ross Ulbricht
Your 0.7% figure is slightly off. The total number of Bitcoins to be mined is 21 million, putting the percentage at slightly more than 0.54% (114000/21000000).
letney | 12 years ago | on: How Bitcoin Could Become a Viable Currency
Ah, but that's improving rapidly. Coinbase does BTC->USD in less than 24 hours and USD->BTC instantly (with level 3 verified accounts).
letney | 12 years ago | on: The Coinbase iOS app has launched
Wow. This seems like big news in the Bitcoin world to me. This means Apple is giving the green light to Bitcoin related apps in the iTunes store.
I wonder if Apple will start allowing entirely phone-based wallet apps now...
letney | 12 years ago
> the percentage doesn't seem to bring enough money compared to the cost of electricity for those machines.
That is entirely dependent upon the value of one bitcoin.
The transaction fees for a block go to the miner.
If bitcoin is actively used in 2140 when the issue of new coins ceases, the value of even small fractions of a coin will likely be very high.
letney | 12 years ago | on: Occupy Yosemite
I thought that this was exactly the intention of the Tea Party's antics...
letney | 12 years ago | on: Bugchecker.net – finds bugs in your binaries (symbolic execution)
The console app / bugchecker python script on this page:
http://bugchecker.net/console
needs the BUGCHECKER_API_URL = 'http://localhost/api.php' changed to 'http://bugchecker.net/api.php' to work.
letney | 12 years ago | on: Fedora 20 will be named Heisenbug
While Fedora has a history of naming releases after famous physicists [1], I can't help but think this has something to do with popularity of Breaking Bad.
[1] https://fedoraproject.org/wiki/History_of_Fedora_release_nam...
letney | 12 years ago | on: Provo-Orem area ranked 11th for high-tech startups
While I think its wonderful news that it has become a priority, I remain pessimistic. The geography of the valley cannot be changed and combined with the common high-pressure weather patterns the air is trapped for weeks at a time.
Even with massive cut-backs in emissions our industrial economy and expanding population ensures this will remain a problem long into the future.
letney | 12 years ago | on: Provo-Orem area ranked 11th for high-tech startups
I'll give another good reason to avoid living there: The air quality along the Wasatch Front (Ogden, Salt Lake, & Provo) is among the worst in the nation. http://www.stateoftheair.org/2013/city-rankings/most-pollute... ranks the Provo-Orem area as the 11th highest nationwide for short-term particle pollution (SLC being #6 and Logan being #10).
I left Salt Lake City 6 years ago. I miss many aspects of life there and have considered moving back. But the air quality there is an absolute deal breaker. The winter inversions are absolutely miserable.
letney | 12 years ago
Also see: http://www.washingtonpost.com/blogs/worldviews/wp/2013/07/30...
Describing how Bradley Manning using 'wget' was considered computer fraud because it was not on the list of approved programs.
letney | 12 years ago
Is this German law? I wish that were the case in the US, as I've found a number of wallets over the years and would have made at least a few hundred USD by now.
letney | 12 years ago | on: Ng-conf 2014 - The World's First Angular Conference in Salt Lake City, Utah
You're right. And Park City is a great getaway from the air in the valley even if you don't ski.
I'm sorry for being a downer when you're doing a great thing and starting a new conference. May the wind gods shine upon you and blow the muck out on Jan 15th.
letney | 12 years ago | on: Ng-conf 2014 - The World's First Angular Conference in Salt Lake City, Utah
I love Salt Lake City (I was born there and moved away 5 years ago). But, Salt Lake City in the middle of January is the last place I would want to be.
Its not the snow, cold, or people -- but the smog from the inversions is absolutely terrible.
letney | 12 years ago | on: Small Utah ISP firm stands up to ‘surveillance state’
Without reading the headline, I knew it was Xmission.com.
The founder/owner, Pete Ashdown, was the sole Democrat running against Orin Hatch in 2006. He failed to get the democratic nomination in 2012.
Pete has long been an advocate of digital privacy and is a true Internet pioneer.
letney | 13 years ago | on: Ask HN: How to purchase a .hu domain name without Hungarian citizenship?
Dunno about transferring domains, but http://www.101domain.com/hu.htm offers proxy registration for a $15 fee.