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captainchaos

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This explains some weird EC2 stuff we saw yesterday. A good reminder to check up that a box starts up as expected (mounts disks, starts services, etc). It's easy to get lazy about that sort of thing when you're moving fast.

Thanks for the insight, I still thought the Bitcoin protocol would have had enough transparency to make the case clear as to whether or not this is a situation of dishonesty or incompetence. I guess the protocol does not provide the level of transparency I assumed.

Ok, at the risk of sounding completely naive...

I've been following this story for a while, and it seems that no one can say for sure if this is embezzlement or gross incompetence. Based on leaked memos it seems to be most people are learning towards the latter, but I'm curious if there's any evidence either way.

Based on the claimed transparency of Bitcoin, I would have expected embezzlement on this scale to have been noticed earlier, or at the very least have people be able to follow the Bitcoin trail to determine what is actually happening.

Am I wrong or just missing something?

Ok, at the risk of sounding completely naive...

I've been following this story for a while, and it seems that no one can say for sure if this is embezzlement or gross incompetence. Based on leaked memos it seems to be most people are learning towards the latter, but I'm curious if there's any evidence either way.

Based on the claimed transparency of Bitcoin, I would have expected embezzlement on this scale to have been noticed earlier, or at the very least have people be able to follow the Bitcoin trail to determine what is actually happening.

Am I wrong or just missing something?

It's hard to tell from the included screenshots, but both based on the dimensions of the Facebook Ad (it looks like a "Right Hand Rail" ad and not one that run in the newsfeed) and the fact that a Mobile App Install statistic was not provided, I think its fairly likely that the Facebook Ad in question might not have been the Mobile App Install [1] format. That type of ad can be targeted only to people who are consuming Facebook via the Facebook client for your desired Mobile OS (in this case Android) and the call to action will be direct install. It will also indicate precisely how many install occurred via the Mobile App Install conversion stat. The add in question would have been a link to the play store via the web -- even if the user is not on a mobile device.

If I am correct (I can't be sure given the article), the results are not surprising. A properly run Mobile App Install Campaign can yield sub $2 installs depending on the app being advertised, but that assumes requires some experience running online ad campaigns.

[1] https://developers.facebook.com/docs/reference/ads-api/mobil...

I recently got a Mac-compatible model of what is essentially the original IBM Model M "Clicky" keyboard from the original manufacturer who now operates independently of IBM [0]. I really like it a lot, and it's $50 cheaper than the CODE keyboard.

I doesn't have the ability to switch keys (for Dvorak or whatever) but I don't need that feature. It also lacks the hardware switch to go from Apple\PC mode, which I might actually use.

[0] https://pckeyboard.com/

In my opinion, this is not because they expect Google+ to be a true competitor to Facebook.

The addition of information in Google+ user profiles allows them to compete with Facebook advertising in a key arena -- targeting ads based on self-volunteered user information which is more valuable and trustworthy rather than trying to derive this information based on browsing\searching patterns.

Google+ serves to enhance Google's ad products more than it does to provide value to customers.

Having said that, Hangouts (which most people consider a part of Google+) is a succesful product.

I disagree. Considering the way likes work on platforms like Facebook, by Liking something you are advertising your interest in it. Viewers of your profile can see (and judge) the things that you have liked and also you create a story visibls to you friends in the ticker when you Like something. I know some of this is inherent to Facebook, but similar features likely exist on other platforms as well.

Capping it artificially stifles users who may actually enjoy photography more than others. A critic would presumable like photos far more often than a casual user.

These toilets are a pleasure to use. But I think the main reason many people don't consider them is that you need a nearby electrical socket or have a big dumb cable on your bathroom floor. The article quotes $500 to have a GFCI socket installed but that in unrealistically low in some parts of the country. > $1000 is a decent investment, especially if you consider your bunghole reasonably clean today.

I agree. I think the bad assumption is

"If I’m Going To Have To Buy New Computer Hardware Anyway…"

You don't. I don't think most people running Windows 8 think they need to buy a touchscreen.

PS: People seem to disregard that 4M people upgraded to Windows 8 within a few days of release. That's about the same number of new Macs purchased in an entire quarter. Microsoft made the upgrade path to Windows 8 far simpler than any prior release.

I have to echo the sentiment of some others here. Facebook ads are not useless -- far from it. However it does seem that a lot of people are trying to game the system in overseas markets. My theory? The bots are coming from blackhat ad services like these: http://www.buyilikes.com/

Perhaps they have bot farms that try to drive up the likes of ANY ad targeted to those countries? I'm not sure, but the summary of the posts over the last few days seems to be that ads perform legitimately in the US and EU, and with some questions elsewhere.

What I don't understand is why someone would target bots to only Facebook click advertisements. Facebook offer the ability to create ads that also allow users to Like a page, RSVP to an Event, or Install a Facebook app -- all of these things would require 1) Javascript to be enabled and 2) a Facebook account. If bot Facebook accounts were created they would need to be at a fairly large scale to be effective (which would be difficult given that Facebook is fairly effective at finding and disabling obvious fakes -- anyone in this space has a hard time just creating a second testing account) and would be visible to advertiser since they can run analytics reports and view individuals who have acted on this types of ads. So, I'm more inclined to believe that if anything this a competitor of the advertiser gaming the system as some others have suggested.

Still, like others I'm interested in seeing some of the data on this one.