andr3w321

I have been a huge Tether skeptic for years. There is almost no chance they are a legitimate operation in my opinion. When they are shutdown BTC/USD will drop, BTC/USDT will go up and USDT/USD will drop.

Author here. I'm happy to answer any questions.

It depends who you ask. I think it's inevitable that it's released one day. By not releasing you're just delaying it.

All the top high stakes players already have solvers that they've spent a lot of money developing and studying privately. They would definitely be upset with you, but by releasing the code you are democratizing the information to all the midstakes pros who want to study but don't have the resources to pay developers and solve the game privately.

Any chance of the code being released or a cepheus style answer key being provided? http://poker.srv.ualberta.ca/strategy

I think you're confusing value investing with looking at a simple Price/Book ratio. Value investing is much more than that. One method of fundamental analysis involves making a prediction about ~10 years earnings/cash flows and comparing that to the 10 year risk free rate (usually the US 10 year treasury).

The fundamental analysis models don't fall apart with tech companies, it's just much harder to project revenues for a new, volatile, growing business than an old mostly stagnant or slow growing company.

Does the cost of a 51% attack rise linearly with time? Is this right? Cost of 24h attack == 24 * (Cost of 1h attack)

Billions are already wagered offshore on all major sports. Making it illegal just makes it more difficult to protect the integrity of the game.

He inherited $40 million from his dad in 1974 and his returns since then have roughly matched the S&P 500. https://www.bloomberg.com/view/articles/2015-09-03/should-do...

The stock market is not zero sum. The people taking the other side of well managed hedge funds are usually poorly managed pension funds/hedge funds, index fund ETFs that blindly buy a bunch of stocks without looking over their financial statements, or dumb public retail investor money.

Buffett structured his bet in a very specific manner to maximize management fees of the other side. His bet was the S&P 500 vs any five funds of funds hedge funds. This is like betting the S&P 500 vs the average return of 20 hedge funds. Of course Buffett is going to be a favorite when the investments are diluted so much and you take into account all the fees on top of fees. I think he would be a dog vs a single hedge fund or five hedge funds.

The fundamentals are at the current price of $17,000/btc bitcoin mining costs are about $14.5B annually(144 blocks of 12.5 btc/block plus ~3.8 btc/block in fees) in electricity expenses due to paying off miners which is about on par with the 8th largest company in the world Facebook. Bitcoin's revenue/year is however much money people feel like FOMOing in + however much tether money bitfinex feels like printing which right now is more than the mining costs. Once this figure changes, the price will decline. For reference, Facebook has ~$24B in revenue/year.

Drinking decaf ~one week a month is a good way to reset your tolerance

Thanks - learned a bit here. You did contradict yourself though from your original reply to this one.

"In your phrasing, you could say that government also "tells people what they can and can't" eat, in the form of the FDA."

"The FDA doesn't tell you what drugs you can and cannot take."

Regarding the FDA I don't think the government should be telling me what drugs I can and can't take. Plenty of people are denied from taking early stage drugs because they are not FDA approved and dangerous, but if people are aware of the risks I think they should have every right to take them.

In your poison cucumber example I think this would qualify as knowingly poisoning someone else which is clearly illegal and we do not need the FDA for that. As long as the cucumber is labeled as "poison" I have no problem with people selling them.

"Investor accreditation makes sense (for now.)"

No it doesn't. It's pure nanny statism. The government has no business telling people what they can and can't invest in or spend their money on. Yes startups are risky. So are lots of things. Why should the wealthy have no restrictions on them, but the poor do? This is literally "class warfare".

I failed <100%. shrugs The problem I have with tests like this is it uses syntax I've never used before and I'm not sure how it works. Also the real world involves testing out and seeing what works and what doesn't. For example,

#1 CREATE INDEX tbl_idx ON tbl (date_column) SELECT COUNT() FROM tbl WHERE EXTRACT(YEAR FROM date_column) = 2017

I've never used EXTRACT() in my life, so I don't know if it's index aware. I do know in real life I would write "WHERE date_column >= '2017-1-1' AND date_column <= '2017-12-31' or if I were querying a school_year or something that spanned between two years I would add another column and probably an index on that column and query by that not by the date_column.

#2 CREATE INDEX tbl_idx ON tbl (a, date_column)

SELECT FROM tbl WHERE a = 12 ORDER BY date_column DESC FETCH FIRST 1 ROW ONLY

Who uses FETCH FIRST 1 ROW ONLY instead of LIMIT 1? Also indexes can be ordered by ASC or DESC so there's a possibility of a small optimization there.

#4 CREATE INDEX tbl_idx ON tbl (text varchar_pattern_ops)

SELECT * FROM tbl WHERE text LIKE 'TJ%'

I thought the general philosophy regarding indexes was create the ones you know you need like on foreign keys and very common ones like last_name, SSN etc and then if you notice queries running slow add more and test. This seems like one of those examples. Do you really need an index here? How often are you making this query and what's the speedup gained if you add an index?

#5 CREATE INDEX tbl_idx ON tbl (a, date_column)

SELECT date_column, count() FROM tbl WHERE a = 38 GROUP BY date_column

Let's say this query returns at least a few rows.

To implement a new functional requirement, another condition (b = 1) is added to the where clause:

SELECT date_column, count() FROM tbl WHERE a = 38 AND b = 1 GROUP BY date_column

This seems like another case in the real world where you might test what the slowdown is, and how often you're running this query. If needed you can add another index or run a subquery first, but the answer to this question can be found out in < 10seconds in the real world more quickly by testing it than even spending the time thinking about it.

It wouldn't overwrite your code without your approval of course, but if it could at least provide helpful suggestions that I could choose to approve it would be immensely helpful.

What I'd really like is a smarter compiler. My normal dev process is

1. Write code

2. Run code

3. See error

4. Google error

5. Write code to fix error

6. Repeat

I'd like a compiler that helps speed up steps 3-5. I know IDEs do some of this, but I'd like a compiler that automatically fixes errors instead of just telling me what went wrong. One that fixes parentheses that I left off or automatically fixes typos in variable names or function calls. One that knows to keep things DRY and creates a function for me when it sees the same similar code written twice. One that knows when I wrote an inefficient bubble sort and swaps it out with a faster sorting algorithm etc. One that can make my code run faster. I think this is a long way off, and I know it's really hard to write a program that writes code, but it's always seemed that programming simple things is way harder and takes longer than it should to me.

"What they are saying is that it has exactly zero chances at becoming a serious rival to the US$ or other currencies as a medium of exchange."

There is definitely a non zero percent chance of this happening. How much % chance is debatable, but it's certainly >0.

Contact info is in profile but andr3w321 at gmail

What the authors are doing is “chasing steam” and most books will ban or limit you if you try this. This should come as no surprise to people with experience in the industry. The books aren’t limiting/banning them for winning - it’s the way in which they were winning. They are betting slow moving books’ lines. Their strategy only works at poorly managed books as long as they can bet quickly. I doubt they made any bets at a sharp friendly book like pinnacle.

If anyone would like to collaborate with some model building get in touch. I already have a large db of most of the stats you’d ever need and some okay but not amazing models for most major sports.

Bitcoins are pretty damn useful actually. Try and buy porn/drugs/gambling anonymously on the internet any other way and get back to me how difficult it was compared to using bitcoin.

The problem with sports broadcasting nowadays is twofold

1. Viewing games costs too much

2. The commentary for said games sucks

I'd happily watch a random MLB game on a Tuesday, but sorry I am not going to spend $113/season to watch on MLB TV. The NFL is the worst. If you're out of the US you can purchase and stream games for $200/season or so, but for in the US you have to have directTV to get all the games which isn't even offered for many possible subscribers or spend $30 in beer/food for lunch at a sportsbar with no audio for your game. If I'm at home I have the choice of the local game and maybe one other random national game and if both of these games are blowouts I'm tuning out.

People want to watch their team play. They don't even mind commercials as long as there's not TOO many of them. The NFL is reaching their limit. NFL viewership has peaked. 2016 ratings declined 8%. Watching a touchdown followed by a commercial followed by a kickoff touchback followed by a commercial is too much. The only way to grow a sport is to grow viewership and fans and the only way to do that is make content cheap, easy to access and enjoyable to watch which brings us to the commentary.

The future of sports and money in sports is in the live aspect and in the commentary. I want to watch a football game commented by Conan O'Brian or Snoop Dogg or even some entertaining twitch or youtuber not Al Michaels and Phil Simms. Why not collect royalties on commentary streams? Let 1000s of people pay for the rights to comment on an NFL game and let the viewers decide who they want to listen to commentary from. Its absurd that in 2017 people still resort to reddit.com/NFLstreams or NHLstreams to watch some low res game with pop up ads everywhere with commentary from two old white guys.

Once viewership increases, ad money will increase which would offset the streaming fees the leagues would be missing out on by providing their content for free. If ESPN would simply show sports and provide interesting commentary from interesting individuals I would watch around the clock.

I assume by scale you mean many pages and not many visitors. For something like hackernews plain html and jquery would work perfectly fine.

No thanks I'll stick with plain html and jquery for the frontend of my small projects. Plain javascript works perfectly fine as long as you namespace your functions and separate them into different files. All these frameworks end up creating much more problems than they solve.

I am sure people said the same thing about sending ships across the Atlantic to America 500 years ago. What's the point? Why leave Europe? There's nothing over there.

Just working my way through the pseudocode to try and gain a little insight. I think there may be a small typo. Line 29 VALUE should be VALUES?

The market has been flooded with them for years. They have various mechanisms for fighting them like mouse detection and scanning your computer for various programs and confiscating your funds if caught. In the end, people will always find a way around the detection methods though.

Anyone know where to find the pseudo code? It references item 10 in the References and Notes which states See Supplementary Materials.

Some python 2

    def flatten(x):
        def flatten_generator(x):
            if type(x) == list:
                for y in x:
                    for z in flatten(y):
                        yield z
            else:
                yield x
        return list(flatten_generator(x))

    assert(flatten([1, [2,3]]) == [1,2,3])

    ary = [1, [2,3], [4, [5,6]]]
    print flatten(ary)