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Another point is that in most markets, trades are settled at the end of the day (or two or three.) Thus, whatever is being traded doesn't actually transfer ownership until the settlement, even if there were several owners on paper (and for tax purposes) in the meantime.
Assuming A owns a bitcoin and in the course of a day sells it to B who immediately sells it to C, does the bitcoin record A, B & C as the owners or just A and C? (Coinbase appears to use off-chain transactions, though I'm not clear when they finalize a transaction on-chain.)
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Joe Woodbury wrote: Another point is that in most markets, trades are settled at the end of the day (or two or three.) Thus, whatever is being traded doesn't actually transfer ownership until the settlement, even if there were several owners on paper (and for tax purposes) in the meantime. It does. Even if the official markets are closed, due to a holliday, trading continues, as does price-discovery.
Joe Woodbury wrote:
Assuming A owns a bitcoin and in the course of a day sells it to B who immediately sells it to C, does the bitcoin record A, B & C as the owners or just A and C? (Coinbase appears to use off-chain transactions, though I'm not clear when they finalize a transaction on-chain.) A BC blockchain does not need to wait until official markets are open.
And no, there is no "short selling BitCoin between bots" to influence the price. That was their entire point, and the basis for their title.
It is made up, fiction, nonsense.
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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I think you still misunderstand; for several exchanges Bitcoin is traded off-chain.
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Like where?
--edit
Also, the price of such exchanges is not leading, so no way for such a fraud to exist.
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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Joe Woodbury wrote: coinbase for one: Coinbase implements zero-fee microtransactions off the block chain[^] Nope, not a market where you can spoof trades.
Joe Woodbury wrote: Edit: Not sure you understand how fraud trading works. There's a brilliant argument. Let me point out that one of the driving forces behind BC is the fact that there is a blockchain. To repeat your argument, I'm not sure you understand how that works.
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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Eddy Vluggen wrote: one of the driving forces behind BC is the fact that there is a blockchain
So what? Trading can happen off-chain. Moreover, a corrupt (and hacked) exchange can report fake trades. Hell, they can even do legitimate trades with blockchain and lie about the price.
The issue isn't blockchain (other than the faith people put in it) but the integrity of the exchanges and transactions. You assume that buyers (and sellers) are doing due-diligence in identifying the legitimacy of every trade. They aren't. (I'm still amazed that the con of selling of real estate the hustler doesn't own still works in this era since determining ownership of such is easy.)
For example: The US government is charging three bitcoin companies with fraud – BGR[^]
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Joe Woodbury wrote:
So what? Trading can happen off-chain. True, but you can't trade a BC off chain, since they don't exist off chaibn.
Joe Woodbury wrote: Hell, they can even do legitimate trades with blockchain and lie about the price. They may lie all they want; the price they name is not leading.
Joe Woodbury wrote: are doing due-diligence in identifying the legitimacy of every trade. They aren't. What due dilligence?
Here's a new one; you can't trade BC unless you have them. The trade does not have to be legal, ethical or anuthing else.
Joe Woodbury wrote: For example: The US government is charging three bitcoin companies with fraud – BGR[^] Yes, the only reaction a government can take to discourage the use of a money that they cannot control. Even the IMF called for "regulation", showing how it is more a political entity than anything else
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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Kent Sharkey wrote: the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors.
It begins to make sense, now. The Scientologists control Tom Cruise and Tom Cruise controls BitCoin!
98.4% of statistics are made up on the spot.
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As well as locating Hussein's movements, the phone also suggested periods of more strenuous activity, including two peaks, which the app put down to him "climbing stairs". "Every step you take, I'll be watching you"
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Have to love third party data...
In 2005 a firefighter was arrested for arson based on data from his grocery store's loyalty card
Loyalty Cards: Reward or Threat?[^]
Director of Transmogrification Services
Shinobi of Query Language
Master of Yoda Conditional
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The latest build release also improves the reading experience across devices. Does it work on Windows Update?
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When it comes to this age-old interview question, don't hate the player or the game. Instead, do this. A set of coloured rocks left over from my home planet
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Starting a new position tomorrow, this is somewhat current to me.
The question I was asked was: what is the personality trait people most dislike about you.
After some introspection, I answered: What I know, I know and it may be perceived as overconfidence or being cocky. If I don't know, I'll tell them I need to research and get back to them.
I called some people I used to work with and asked them what their impression was of my response. They agreed.. what I know, I know. And, after having been gone from my last site for over 6 years, I can still answer, in detail, how a particular system/application works.
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Whilst I am an advocate of self reflection and being self critical, I'm not convinced that a job interview is the right place for it. Maybe during a one-to-one with your line manager (when you've already got the job), but not before you get the job.
If everyone else being interviewed was to be self reflective and self critical, then fine. It's a level playing field at least. But as the others most certainly won't, why risk losing the role just because you're more honest than the other candidates.
Let's be honest, how many people asking the question truly care about the answer. They've probably googled some standard inverview questions to pad out the interview. As the authord states themselves, it's a game, so I would strongly suggest that you play along too.
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
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Dominic Burford wrote: But as the others most certainly won't, why risk losing the role just because you're more honest than the other candidates. How would you know if others had been asked the same type of question, or not ?
«... thank the gods that they have made you superior to those events which they have not placed within your own control, rendered you accountable for that only which is within you own control For what, then, have they made you responsible? For that which is alone in your own power—a right use of things as they appear.» Discourses of Epictetus Book I:12
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Interviewers need to ask the same questions to each of the candidates. If you ask each candidate a different set of questions, how can you compare them? I've interviewed many candidates over the years, and always ask the same questions to each candidate so that I can assess them against each other. I may go off script now and again to dive into an area that crops up during the course of the discussion.
Remember, you may need to be able to justify your final decision to a rejected candidate, so you need transparency in your questions and how you marked each of the candidates.
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
Home | LinkedIn | Google+ | Twitter
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You completely missed the point of my question, however, perhaps I missed the "deep state" of what you said
cheers, Bill
«... thank the gods that they have made you superior to those events which they have not placed within your own control, rendered you accountable for that only which is within you own control For what, then, have they made you responsible? For that which is alone in your own power—a right use of things as they appear.» Discourses of Epictetus Book I:12
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[redacted]
Money
Chocolate
Skyrim
Not saying " you" to stupid managers and stupid interview questions
Latest Article - Code Review - What You Can Learn From a Single Line of Code
Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny
Artificial intelligence is the only remedy for natural stupidity. - CDP1802
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I would paraphrase the famous words of Hiphopopotamus vs. Rhymnoceros rap:
Sometimes my lyrics are sexist / But you lovely bitches and hoes should know I'm trying to correct this.
Goodbye.
Hiphopopotamus vs. Rhymenoceros - YouTube
In order to understand stack overflow, you must first understand stack overflow.
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"I too often feel sorry for my victims and leave them alive."
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I might answer: "I often under-estimate the extent to which my colleagues have over-estimated my abilities, and are haunted by jealousy, and fear of being of being seen as incompetent."
«... thank the gods that they have made you superior to those events which they have not placed within your own control, rendered you accountable for that only which is within you own control For what, then, have they made you responsible? For that which is alone in your own power—a right use of things as they appear.» Discourses of Epictetus Book I:12
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Kent Sharkey wrote: A set of coloured rocks left over from my home planet
Colored? 'Sup?
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It's all about a battery that may never need replacing. Can it charge through my tinfoil hat?
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