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master_shake | 11 years ago | on: ANNE Stack – Angular JS, Node, Neo4J and Express

I could not disagree more. Neo4j has got to be the most intuitive, simplistic database structure on earth. The php client is amazingly optimized, even for super small datasets, it murders sql. The graph visiualizer is beautiful and extremely helpful. I might even argue that it has better documentation than SQL because it's all in one place with instructional videos and tutorials. If you live in silicon valley, you can go to their office for "office hours" and they give you pizza and beer and teach you how to use it. It so simple and easy to use a child could do it.

master_shake | 12 years ago | on: Dogecoin decides to allow annual inflation of 5 billion coins each year, forever

yes my friend, you are misunderstanding the exchange rate. There are currently ~40 million "dogecoins" floating around the internet. All the dogecoins combined are presently worth $55 million USD. Therefore each dogecoin is worth $.0014 USD.

Before this announcement, there were only ever going to be 100 billion dogecoin in existence. Now they just decided that they want a 5 billion doge inflation rate per annum, Thereby decreasing the the value of each dogecoin.

Its somewhat similar to the way that the federal reserve pumps money into the market to increase the flow of capital, the dogecoin foundation wants to increase the flow of dogecoin by increasing the supply and access and decreasing the incentive to hoard.

edit the code was already written to be inflationary. The plan was to implement a 100 billion cap in some future version. They scrapped that plan.

master_shake | 12 years ago | on: Bitcoin and positive vs. normative economics

every article from PK:

"you see this nobel prize? yeah bitch. I AM the muthafuckin' economy. Now worship this bitcoin opinion piece that highlights my lack of technological understanding. I am your God."

master_shake | 12 years ago | on: Bitcoin Value Sinks After Chinese Exchange Move

In April, I watched the price of bitcoin every day. When it approached $200 I said "f*ck it," took out a student loan and bought in at $225. The VERY NEXT DAY the price collapsed. I watched bitcoin slide to $50 in a state of complete and utter devastation. I felt so stupid. I decided not to sell, and just considered the loan to be a write-off.

Point being, you should assess the quality of your investment in years, not hours. And in regards to the Chinese government, allow me to quote Mahatma Gandhi:

> first they ignore you, then they laugh at you, then they fight you, then you win.

master_shake | 12 years ago | on: Disruptions: If It Looks Like a Bubble and Floats Like a Bubble…

The amount of borrowed money on the stock market as a percentage of GDP recently reached an all time high. And with institutional interest rates as low as they are, money is cheap, and it's flowing into tech. In fact, one could make the case that the entire global economy is being propped up by central banks.

And there's no denying that the price of snapchat is bat shit insane. Plus look at facebook, running out of ideas, losing touch with the youth, desperately trying to buy up burgeoning competition. This is characteristic of the sector as a whole.

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