He wrote it from his perspective.
come on...
Readit NewsGettingolderev commented on How long does music stardom last? A statistical analysis statsignificant.com/p/how... · Posted by u/cainxinth
The biggest problem I've seen with Intel is that they are "getting high on their own supply" and the whole tech press enables them with the sole exception of Charlie Demerjian.
They should pick a few random people out of the phone book and pay them handsomely for their advice, this way they might start to "see themselves as other see them". Most of all they need to recognize the phenomenon of "brand destruction" which has manifest in clueless campaigns such as "Ultrabooks", brands that should have been killed off years ago ("Celeron", sorry, low performance brands have a shelf life, there's a reason why Honda is still making the Civic but GM is not making the Chevette) and that they should write it in their bylaws that they are getting out of the GPU business permanently (they've made so many awful products it will take 15 years for people to get the idea that an Intel GPU adds value, instead it's this awful thing you have to turn off so that it won't screw up graphics in your web browser when you're using a Discrete GPU.) People might get their heads around the idea that an Intel CPU is a premium brand if it had a GPU chiplet from a reputable manufacturer like AMD or NVIDIA.
(Oddly when Intel has had a truly premium brand, as in SSDs, they've ignored it. Hardly anybody noticed the great 95% latency performance that of Intel SSDs because hardly anybody realizes that 95% latency is what you feel when your computer feels slow. Intel SSDs were one Intel product that I would seek out by name, at least until they sold their SSD division. Most people who've run a lot of Intel SSDs swear by them.)
They were leader for over 10-15 years. They wiped the floor with Nehalem left and right.
The tooling of intel is still better than AMD.
The celerons and other types of CPUs are in plenty of notebooks people have who buy laptops below 1k.
The SSD topic happened, and went away i guess it was a margen topic. Low margin, ultra mass product lots of other companies happily building them.
I think its critical for intel to have knowledge about GPUs for a stable longterm strategy. It was critical 10 years ago when they tried and failed hard with larrabee but they need to do that or buy AMD/Nvidia. With AI and modern workload you can't just have CPUs anymore and with CUDA and ML that was clear a long time ago.
The market itself is also totally bonkers. When AMD surpassed intel, intel still sold like cake and still does. The fab capacity in the world is limited. If you can't get an Nvidia GPU for 200-300 because they complelty ignore this price range, than you have only AMD and intel left.
Intel took the market of low end gpus already through their iGPUs.
Intel knows how to build GPUs and other things than CPUs. It would be a total waste for them to stop.
Intel should have bought nvidia or done something else but the Intel CEO is an idiot. He stated publicly that Nvidias position is just luck. That is such a weird idiotic take its bonkers that someone who would say something like this is the CEO of intel.
The amount of R&D Nvidia did and still does left and right is crazy. He totally ignores how much Nvidia was doing the right things at the right time.
Not sure were intel is heading but with their fab knowledge and capacity, their cashflow and core tech, they should be able to swing back. I was hoping that would happen already, unclear to me why they struggle so so hard
JS isn’t any more or less broken than every other language under the sun
PHP has a lot of issues in comparision to java and other languages.
JS has also missing features and semantic which got added through typescript.
I don't want to dismiss langauges because of this but saying 'every other language' is not true and not true in an objective sense either.
JS is broken and TypeScript is a way of fixing it but at the end of the day, you use Frameworks anyway like Anguular.
If you just want to hack around it, hey just use it as any other scripting language
Gettingolderev commented on Bitcoin Investors Buy Puts Aggressively en.bitcoinhaber.net/bitco... · Posted by u/COINTURK
> Can anybody perhaps share some insight of what kind of investment opportunity BitCoin represents, except for pure gambling?
Bitcoin is a commodity (like gold): the only play you have is on price.
If it goes up, you make money; if it goes down, you lose money (unless you short it).
It is not like gold...
I can hold gold. I can exchange it in a post war economy without internet. the industry actually consumes gold.
Gettingolderev commented on Bitcoin Investors Buy Puts Aggressively en.bitcoinhaber.net/bitco... · Posted by u/COINTURK
The supply is not fixed, it reduces every day when people lose their keys, hence its deflationary
Sure if we want to account for that, but that makes the effect, i mentioned, even stronger and faster.
Gettingolderev commented on Bitcoin Investors Buy Puts Aggressively en.bitcoinhaber.net/bitco... · Posted by u/COINTURK
Bitcoin is deflationary in the sense that the supply is fixed at 21 million. And because people also loose access to their Bitcoin wallet, the actual supply will slowly decrease.
That's just a fact of how technology works. It's better phrased as "supply of Bitcoin is fixed".
As to your other arguments: I don't really get the connecting logic or even the point your making.
What is the "spread" that will stop new people from buying Bitcoin?
Can you explain the "Tom got very rich on Bitcoin and therefore I won't buy it today even though the price goes up because reasons..." logic?
Also what does reward halving have to do with the price of Bitcoin? The mining business will eventually end but as long as Bitcoin price goes 2x by each halving, the mining is is just as profitable.
Of course Bitcoin price can collapse. It already did a couple of times. But it also recovered and then some each time.
Given that prices of anything are driven by supply and demand, supply is fixed, the only question worth asking about Bitcoin is: will the demand go up? If demand goes up, the price goes up. And vice versa.
Bitcoin supply is fixed, the denominator is not.
If i invested into bitcoin 10 years ago, my $1000 are now worth (i don't want to calculate it) like $1000000.
So if someone else now wants to invest into bitcoin today, they have to accept that the old people have a tremendes financial advantage to this. The spread is a lot.
And no its not the same as investing into a company.
This will lead to rich people not investing into bitcoins because their return value is getting smaller and smaller.
Because the new bitcoin numbers are getting less and less through halfing, this effect gets stronger and stronger.
Bitcoin is hard limited on how much bitcoin exists while the normal fiat world creates new money based on humans and work capacity we have through a complex system. Bitcoin has not solved this problem. You can't lent bitcoins, create value and return this amount as an addition to the whole amount of bitcoins to represent this value.
Gettingolderev commented on Bitcoin Investors Buy Puts Aggressively en.bitcoinhaber.net/bitco... · Posted by u/COINTURK
It’s deflationary by design so if you can keep hold of them safely and people think they have value it will increase.
Raw economic demand seems to come from things like paying for ransomware and avoiding currency controls.
The fluctuations however are gambling, but one could argue the value of most shares in the US are the same.
The deflationary by design is a fallacy.
It will lead to old investors becoming richer and richer but also for new investors to stop investing because the spread is going to become to big.
And deflationary by design doesn't protect bitcoin by collapsing and it will happen alone through the reward halfing in no time.
You can also combine two images and flip them in a gif constantly to see it in 3d.
Makes it a lot more accessable on the internet too :)
Otherwise: Find a really good HandsOn CTO, give them enough budget to build up a team and have freelancers, build it out.
But before that, have good people analyse the business requirements first.