It's pretty simple really. People who are trading on margin are gambling. If you run a casino, you are trying to maximize your profit. If you run a margin shop, you have a list of all the current folks and their bets, including knowing various points at which they will have margin calls and liquidations. ...
Month: June 2016
Top 5 errors in bitcoin reportage - volume 2
A little over a year ago we looked at the top 5 things reporters get wrong about bitcoin. Things have improved somewhat, but not a lot. You can still find a few high profile pieces a week written about bitcoin by people who clearly never used the currency regularly or gave much thought about it...
C sharp some more
We looked at some C# code about 6 months ago. I was very happy with the way it turned out. I learned the program and I run it regularly, the thing sits nicely in permanent ROM. Turns out it isn't very difficult after all, even for an amateur noob like me. So, why not try...
Smart Contracts could save the Legal System - but not in the way you think
Smart contracts have gotten a lot of airtime lately. Ethereum-coin's ability to do interesting things with smart contracts, perhaps (but not clearly) easier to do so than with bitcoin, has been coincident with a large rise in the market cap of ethereum even though there are substantial issues with the distribution economics and a less...
What is bitcoin disrupting?
Hello everyone! Many words have been spoken of the disruptive power of public coin. Public coin cannot be counterfeit; certainly a remarkable invention and one with great power. One that enables people to escape systemic fraud and disenfranchisement of the fiat era along with various other sad practices which have plagued middle earth. A tool...
The rise of the bitcoin hash rate - an analogy for hash smokers
How can we visualize the rise of computing power on the bitcoin network? We need something more common in people's lives than hashing power. So, how about: hash? That's right, hashish. Lets go with it and see if the analogy helps. We'll look at the hash rate of the network and compare it to a...
It's all genetic no need to worry
A while ago we showed that intelligence is caused by big feet and obesity by genetics. In today's lulz we have more "correlation is causation!", in splendid comic form. Take a look at this post from a "genetic counselor". This thing struck me as noteworthy for a couple reasons. The first thing you are likely...
The Professor
"The Professor" (1986) (Giuseppe Tornatore) is a film that.. just kidding! What you think I'm going full orc and doing movie reviews here? No no no. The professor that I am reviewing is a 5x5x5 cube made by ShengShou called the LingLong. It's a white stickered cube and I picked it up because it seemed...