Readit News logoReadit News
duren commented on Dall-E 2   openai.com/dall-e-2/... · Posted by u/yigitdemirag
pingeroo · 4 years ago
Neat! Were you part of the initial testing batch or granted access via waitlist?
duren · 4 years ago
I was invited
duren commented on Dall-E 2   openai.com/dall-e-2/... · Posted by u/yigitdemirag
duren · 4 years ago
I've been playing around with it today and have been super impressed with its ability to generate pretty artful digital paintings. Could have big implications for designers and artists if and when they allow you use custom palettes, etc.

Here's an example from my prompt ("a group of farmers picking lettuce in a field digital painting"): https://labs.openai.com/s/jb5pzIdTjS3AkMvmAlx69t7G

duren commented on Ask HN: Who is seeking a cofounder?    · Posted by u/bruceb
duren · 7 years ago
I'm a product designer in SF with MVP designs for a music discovery web app. I would also be interested in any other music-related projects. Email me: hey@2x4.co.
duren commented on Beta Family: 50k Users to Test Your App   betafamily.com/... · Posted by u/mcone
duren · 9 years ago
> 50,000 testers representing 207 nationalities

Wait, how many nationalities are there?

duren commented on Coinbase raises $100M Series D led by IVP   blog.coinbase.com/coinbas... · Posted by u/dsugarman
stanmancan · 9 years ago
I'm pretty naive on the subject of Bitcoin so I might be missing something here, but can someone explain to me how it's used right now? Aside from treating BTC like a stock that is. The value of it fluctuates so much that actually buying/accepting it seems incredibly risky. The price can go down just as fast as it goes up.

As a someone looking make purchases with BTC; if the value of a BTC is going up, why would I use it to buy anything? It's gone up $700 in the last week; up $200 in the last 24 hours alone. I'd feel incredible silly spending bitcoin in a growth phase.

As someone looking to accept BTC for purchases, how do I do so with confidence that when I accepted $3400 today that by the time I cash out it's not worth $2700?

My confusion really comes from the buying/selling of legal goods; I can see the risk being worth it if you're operating outside the law. But really; if I'm selling something then there's a pretty good chance I'm buying my supplies with a fiat currency. I have hard and set costs I need to cover. If I accept BTC, there's a chance that when it's all said and done the BTC isn't worth what I paid and now I'm losing money.

Are businesses just expected to accept that risk? If so, how many businesses are actually willing to accept that risk? Or do we have to wait for the price to settle down before seeing more widespread adoption?

duren · 9 years ago
It's the same as exchange rates, constantly being recalculated. Though crypotcurrencies are orders of magnitude more volatile. A seller will set their price in USD (or other established fiat), and convert the price to bitcoin at the time of transaction.

As far as cryptocurrencies are concerned, I personally view BTC as a good store of value; it's slow and expensive to transfer compared to other coins.

duren commented on Update on Bitcoin Cash   blog.coinbase.com/update-... · Posted by u/ahoang18
Optimizer · 9 years ago
Taking 5 months to enable trading doesn't seem like "adoption"
duren · 9 years ago
It's more complicated than this.

They probably could implement it much sooner, but they are waiting for 2 things (I'm speculating here).

1. Larger hashrate, which decreases likelihood of a 51% attack.

2. SegWit2x November hard fork.

duren commented on Update on Bitcoin Cash   blog.coinbase.com/update-... · Posted by u/ahoang18
BenjiWiebe · 9 years ago
Use wallet software on your own PC. I run a full node on my PC.
duren · 9 years ago
Thanks, I'll look into it. My naïve opinion is that a desktop client would be less secure than Coinbase's vault. Hardware wallets are generally unavailable or inflated (Trezor and Nano S). Therefore, I assumed paper wallet was the only option.
duren commented on Update on Bitcoin Cash   blog.coinbase.com/update-... · Posted by u/ahoang18
driverdan · 9 years ago
Why would you need a paper wallet for a small amount?
duren · 9 years ago
How else would I safely keep the private keys?
duren commented on Update on Bitcoin Cash   blog.coinbase.com/update-... · Posted by u/ahoang18
samnwa · 9 years ago
Uh okay. I will say what I will. They could have held this position from the beginning if they had any foresight at all. How hard would it have been to say something like: 'We do not plan to support Bitcoincash given the impact on operations, security, and value uncertainty. If you want complete freedom with your Bitcoincash, take out your Bitcoin. Otherwise, we may add support in the future, but the timeline will be based on our determination of risk to our systems and effort required.'
duren · 9 years ago
> How hard would it have been to say something like

I would suggest that neither of us have any idea how hard that would be. (Also, they gave a pretty similar announcement, minus the "we might support BCH in the future" bit.)

From my perspective, they are now going to devote a shit ton of engineering effort into supporting BCH withdrawals, which will not provide a source of recurring revenue.

duren commented on Update on Bitcoin Cash   blog.coinbase.com/update-... · Posted by u/ahoang18
duren · 9 years ago
Say what you will about Coinbase, but I really appreciate their willingness to adapt and respond to customer feedback.

I personally didn't want to take on the risk of creating a paper wallet and having to move my small amount of BTC from my Coinbase vault, so this is great news for me.

u/duren

KarmaCake day80May 22, 2015
About
Caleb Durenberger, product designer, San Francisco
View Original