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Larry Reaves

Larry Reaves
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  • FOMC Announcement: No changes to the $85B per month in asset purchases and the committee stands ready to increase or decrease the level as necessary. Downside risks to the economy and the labor market have diminished since the fall. [View news story]
    The fall is already a reversal, we ramped up briefly first. We sill may see 3 or 4 more reversals though before the day is done.
    Jun 19 02:12 PM | Likes Like |Link to Comment
  • Stratasys: Heavy Sales Pressure Expected Due To End Of Lockup Period [View article]
    You've got it right. Sometimes these releases present buying opportunities. Trying to front run the sellers will just get you burnt.
    Jun 6 10:00 AM | Likes Like |Link to Comment
  • The Bear Case For Amazon In 1 Chart [View article]
    Don't forget Amazon is also a top tier cloud services provider.
    Jun 3 10:12 AM | Likes Like |Link to Comment
  • S&P 500: Do Not Buy This Dip [View article]
    So which economies are not sluggish again?
    May 29 04:47 AM | 4 Likes Like |Link to Comment
  • S&P 500: Do Not Buy This Dip [View article]
    When the big hits come, it is the uneducated (investment wise) retail investors that take the largest losses.
    May 29 03:57 AM | 1 Like Like |Link to Comment
  • The ECB Worries About Competition From Bitcoins [View article]
    Yes, it is just as easy for the banks to do the transacting part of what bitcoin does, but banks charge much more because they have to deal with reversibility of transactions and much higher overhead (big $$$ for C*Os).

    The set limit on the number of bitcoins is quite different though. Compare to USD being loaned into existence at a rate of $85 billion a month.

    Bitcoin debts will crush those who don't understand the difference between Bitcoin and inflationary currencies, but it will also make bailout for those that fuck up impossible. If bad behavior continues to be rewarded with handouts our economy will never recover.
    Jan 31 12:57 AM | Likes Like |Link to Comment
  • The ECB Worries About Competition From Bitcoins [View article]
    I can print out a private key and then send bitcoins to the corresponding address. As long as I do the generation and printing on a computer with no internet connection my bitcoins are virus proof.
    Jan 31 12:50 AM | Likes Like |Link to Comment
  • Facebook IPO May Break The Market And Initiate A Free Fall Crash [View article]
    Get a fucking life dude.... posting 9 times on a 7 month old thread is pathetic. Sure, if you want to call out the bullshit once, go for it, but you are just making yourself look bad.
    Jan 7 08:50 PM | Likes Like |Link to Comment
  • Why Peter Schiff Is Embracing The Fiscal Cliff [View article]
    Commodities, yes. Gold, no... it's recently overpriced in the commodity space with little non-ornamental, non-monetary use. Bitcoin, absolutely... all the advantages of gold with some extras (easy to verify from any internet connected device, transactions across the globe that are irreversible in about an hour (and instantly verifiable), it's still not widely known so it's undervalued, and naturally it has a limited supply).
    Nov 19 02:06 PM | Likes Like |Link to Comment
  • Could This Financial Product Be Apple's Next Big Blockbuster? [View article]
    So if you were designing a system where you could swipe from one page to the next, would you leave it part way between two pages, or would you have it snap to the closest page?

    This is no brainer stuff and shouldn't be patentable. If only patents were restricted to actual innovations...
    Aug 14 10:41 AM | 1 Like Like |Link to Comment
  • Could This Financial Product Be Apple's Next Big Blockbuster? [View article]
    A win for AAPL is a loss for common decency. When you patent rounded corners and then consider that a revenue stream, it's called a shakedown. We need patent law reform and we need it 2 decades ago. Technology is being held back by patents more than anything. Yes, patents are crucial, but we need to raise the bar on what is patentable. As it is, if you aren't a behemoth you can't get started because nobody can avoid infringement and still have a functional device, and only the behemoths can afford the shakedowns or litigation.

    If there is one issue that effects my business (I'm a computer programmer) that frustrates me the most, it is this. When a company patents something that any competent programmer or designer would have come up with given the same problem it hurts the state of the art keeps the big guys on top.
    Aug 14 10:37 AM | 8 Likes Like |Link to Comment
  • The Best ETF For Hedging This Market [View article]
    I'm now properly HDGE'd. Thanks for the tip.
    Aug 2 03:04 PM | Likes Like |Link to Comment
  • HP Blows Its Last Shot At Open Source Credibility [View article]
    And if you're referring to the Open Source Initiative and their definition of Open Source (which Raymond had a hand in if I remember correctly), that was founded in 1998.
    Aug 1 02:05 PM | 1 Like Like |Link to Comment
  • HP Blows Its Last Shot At Open Source Credibility [View article]
    Okay... but the first version of that essay was published in 1997 and was published in book form in 1999, during the Clinton administration.
    Aug 1 02:03 PM | 2 Likes Like |Link to Comment
  • HP Blows Its Last Shot At Open Source Credibility [View article]
    How do you figure "the open source movement" came out of the Bush era?
    Aug 1 01:48 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
64 Comments
55 Likes