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Recent content by PeterBoss

  1. P

    Why You Should Consider Montenegro

    OFF-TOPIC 
    Interesting. I have one more year here in the UK, but I am on the lookout for my next destination... Will definitely look into it. Nice post!
  2. P

    What's Your View On a Degree in Fine Art

    INTRO 
    I think, for the most part, it doesn't matter. Let me elaborate. From what I've observed in life, and specially because we get into the school/academic system very early in life, we obsess with always getting 'the right answer'. In life, there is no such thing. All answers can be the right...
  3. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    :rofl: Most TA sites will say that H&S is like 80% reliable. In my experience, most TA patterns, in most assets won't have enough statistical relevance. On the flip side, I could see how TA patterns would be prevalent in an asset class where most valuation techniques are useless.
  4. P

    Looking for Fast Track C++ Course

    if he is a strong c developer, the learning curve shouldn't be as steep as what you are suggesting. I would also point out that the consequences of trying to get a project running in c++ are far less dire than trying to fly a plane with a bus driving background.... But to each it's own. I am...
  5. P

    Looking for Fast Track C++ Course

    Shouldn't be much of a problem then. c++ is just c with oop. The main hurdle would be if you had never worked with pointers and memory, which you already have covered.
  6. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    This 100%. @TheNectarOfCow Regardless of my thoughts on crypto, the mania, the overall irrationality of most actors, this is the main takeaway you should have from the whole space. They are, for the most parts, a large scale experiment of consistency in distributed systems. For more info and a...
  7. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    Possible, I think the 42K area looks promising if you want to add/re-add. Unsure if ETH will offer any pullbacks, hard to attempt a reentry if out. DOGE +13%....
  8. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    I assume you are buying P2P or mining then...? Not being facetious, just genuinely interested. My main issue with exchanges and such is the traceability of the operations and that most of them have KYC in place, which means that the gob will try to tax for capital gains. Not a problem if you...
  9. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    Yep, true, and I broadly agree. I just like thinking about abstract concepts in general and enjoy discussing finance, regardless of the instrument. I was merely describing a risk mitigation strategy (hedging a long term position). The volatility of the asset class would make any naked short an...
  10. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    It's fair to say that the whole ecosystem lacks maturity. Even if you don't believe in any of this stuff, it seems like the 'smort' (not a typo, just stating... who knows what smart is) would be to have long exposure to ETH and instead of just HODL, hedge short with shitty alt coins. Granted...
  11. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    The only issue is (for most people) getting their hands in BTC if they are not able to buy it. Current complexity means that an individual won't be able to mine it. Using your Lira in anything other than cash or alternative payment solutions could potentially be traced. You can work around it...
  12. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    Yeah, this is my problem with most of the crypto scene... people just trying to get rich quick, buying whatever because 'to the moon' and having zero rationality. Nothing wrong with supporting a project/network you want to see grow, or advocating for a set of ideas, but most of the stuff you...
  13. P

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    You could, once you solve some issues. Most likely level 2 solutions, akin to how current card payments work would enable that kind of thing.
  14. P

    Is a market crash coming? Or massive hyper-inflation?

    HOT! 
    As someone who lived a fair share of time in South America, I've seen this happen. I've also seen what 40-50% inflation means. This is EXACTLY how it goes down. They just scratch a bunch of zeroes from the former currency, call the new one a fancier name and, of course, profit from all the...
  15. P

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    As someone who lived a fair share of time in South America, I've seen this happen. I've also seen what 40-50% inflation means. This is EXACTLY how it goes down. They just scratch a bunch of zeroes from the former currency, call the new one a fancier name and, of course, profit from all the...
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