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  1. nitrousflame

    The AI Entrepreneurship thread. Code AI? Interested in AI? Data Science? Machine Learning?

    HOT! 
    This seems like a very temporary problem. E.g., why bother with testing the human when the AI will just drive the car itself?
  2. nitrousflame

    Valuing stocks and option's/?

    INVESTING 
    No offense, but what is your question?
  3. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    The reason why crypto is in a bear market is separate from the claim that an investment losing 90% of its value deems it a worthless investment. What I'm trying to work out is why you seem to think that Bitcoin is not worthless, despite itself having lost over 90% of its value on more than one...
  4. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Would you mind clarifying this response? I don't think I understand the difference between AMZN dropping 90%+ during an equity recession (bear market) compared to BTC, ETH, etc dropping a similar amount during a crypto bear market. Or, if you wish, we can stick with the crypto market. Bitcoin...
  5. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    All due respect, this is a very strange metric for considering the validity of an investment. AMZN has lost over 90% of its value before. Would you consider Amazon worthless?
  6. nitrousflame

    Any Easy To Use Software to Create a Physical Mockup of Your Product?

    I spent ~$150 on ads, and made one $50 sale. While I was actually quite impressed with that result, I decided against pursuing it further.
  7. nitrousflame

    Any Easy To Use Software to Create a Physical Mockup of Your Product?

    I've gone through almost this exact exercise and posted about it here -> Create Your Own Prototypes For Almost Nothing I tend to prefer doing everything myself as much as possible, but I think in situations like these, you really benefit by playing to your strengths and hiring out your...
  8. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    McAfee's taste for insanity is stronger than mine: Source: Bitcoin’s natural long-term power-law corridor of growth
  9. nitrousflame

    Cyrptocurrency news: Facebook launches Libra

    HOT! INVESTING SOCIAL MEDIA 
    So I read the whitepaper yesterday, and my Twitter feed has been saturated with Libra stuff since its release. From my understanding so far, Libra is quite the amalgamation of different coins and protocols. To put it simply, it appears to be a cross between many stable coins (because it's...
  10. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I'm not so sure I'd call hacking fastlane, unless perhaps it's some form of "white hat" service that helps protect said vulnerable funds rather than stealing them outright! That said, I find it rather telling that last week we had news of the big USD "stable coin" Tether being only 74% backed...
  11. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Thanks for putting your theory out there. The main thing that sticks out for me, and really ties it all together, is the market cap and the misconceptions surrounding it. I used to think that in order for the market cap to increase by one million dollars, that one million new, additional...
  12. nitrousflame

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    IMO, I think it's all a matter of time horizons. In the short term (weeks/months) I wouldn't be surprised to see it go to ~$6k and then back to ~$3k or slightly lower at some point, briefly. If your time horizon is more on the order of several months to years, then anywhere in that range would...
  13. nitrousflame

    Create Your Own Prototypes For Almost Nothing

    My apologies for the delayed reply, I was traveling all last week. Anyway, I sent you a PM with the fiverr username of the designer that I used. Hope it helps.
  14. nitrousflame

    What do you all this of EOS.io?

    CRYPTO INVESTING 
    I think your question depends on how you prioritize value between the "trilemma" of decentralization, scalability, and security. Different coins take different approaches to balancing this trilemma, and I think it remains to be seen which balance is best.
  15. nitrousflame

    Why I think Bitcoin will be dead in 2041 unless it evolves

    CRYPTO INVESTING 
    Other consensus algorithms exist in addition to Bitcoin's current proof of work (PoW), such as proof of stake (PoS), which among other things, could reduce the network power consumption. That said, it's all a matter of perspective. Even with the current level of Bitcoin hash power, the network...
  16. nitrousflame

    Why I think Bitcoin will be dead in 2041 unless it evolves

    CRYPTO INVESTING 
    Miners are not only rewarded with newly found Bitcoin, but also with all of the transaction fees contained in the mined block. Thus, even after all Bitcoin are mined, miners will still be rewarded with transaction fees. I think you missed a 1 in there. The 21 millionth Bitcoin isn't predicted...
  17. nitrousflame

    [Progress thread] Building out a crypto mine, step-by-step - AMA

    CRYPTO INVESTING 
    Thank you @garyfritz, that 9% depreciation figure is essentially what I've been after myself but I couldn't connect the dots. Would you mind elaborating a little more on how you got to 9% exactly? I assume it's based on the average (3x) trend? The charts are from Bitcoin, Litecoin, Namecoin...
  18. nitrousflame

    [Progress thread] Building out a crypto mine, step-by-step - AMA

    CRYPTO INVESTING 
    So as many have already mentioned in this thread, one of the biggest sticking points to getting involved in mining is the increasing network difficulty. As more people start mining, the difficulty increases, and your profits decrease (assuming all other variables constant). As @GlobalWealth...
  19. nitrousflame

    My $100m Idea - Building A Smart Contract Web App

    IDEA 
    I have a degree in electrical engineering, and have done some firmware in C and some brief scripting in python, so I do probably have a decent foundation to build on. Hahaha. Glad you like it and hope it helps! I haven't taken too much advantage of the slack channel myself yet as I'm usually...
  20. nitrousflame

    My $100m Idea - Building A Smart Contract Web App

    IDEA 
    I've been learning a little bit of solidity myself lately just for fun (for now), and have found a small, but growing resource that you may find helpful. A guy named Logan Brutsche has been putting together a little Solidity Dev community complete with free weekly youtube tutorials and an...

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