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contactdick

258 karma · joined September 29, 2010

Hacker and entrpreneur
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contactdick··on How bitcoin could fail.
Thanks nussbi, great answer. Just on point 2, as the number of transactions grow, my understanding is that all the nodes have to have a copy of the transactions (otherwise how could I verify the coins source coins without a complete trail). Have they come up with a clever way around this or am I missing something?
contactdick··on Bitcoin money ≠ the Gold Standard.
Sounds like it's already happening - to quote construct "Some quick research shows a handful of big players in the mining market who have invested heavily in high-end GPUs for dedicated bitcoin mining, some with over 50 GPUs running 24/7 for months now. These guys are bound to have huge quantities of bitcoin they are eager to unload when the price is right. Meanwhile, news coverage is driving exploding popularity, which appears to be pulling the exchange rate sky high. On paper, many of these guys have become overnight millionaires just by running a bunch of computers 24/7."
contactdick··on Bitcoin money ≠ the Gold Standard.
well the motivation to make money is a fairly strong one for a lot of people - many worse things are done every day because of it.
contactdick··on Bitcoin money ≠ the Gold Standard.
Just on a brief look at BitCoin the question I have is generating blocks of bitcoins which requires computational power earns 50 bitcoins. Firstly that seems fairly arbitrary but secondly, what would happen if the currency became commonly used and a large company with a lot of computational power decided to get involved i.e google / facebook / microsoft. Wouldn't they end up monopolising a large portion of the bitcoins?
contactdick··on How do I find good people to work with.
Universities in the local area can be a good start - where are you based?
contactdick··on YC s11 Rejected Applicants: This is the real test.
Yes and No. A good entrepreneur needs to be able to execute and part of that is spending time on the right ideas and features for that idea. I'd say the ability to assess sensibly the question 'Am I working on the best thing I can be at the moment' is more important than dogged pursuit of a single goal.
contactdick··on [dead]
I wander if companies like google will soon start offering services where you can choose what countries they store your data in.
contactdick··on Poll: Which company would you rather work at?
How did you pick your list of companies?
contactdick··on Ask HN: How would you monetize 360K people?
Data is valuable and if you have legitimate reasons for collecting any (to improve the service of your add ons) there is always a good chance to monetize there. Highly contextual on what your add ons do though.
contactdick··on Can Google and Facebook Push Adultery Sites Off the Internet?
It's an interesting method he's developed to generate buzz for his company. Piggy backing big media draw-cards such as Facebook, Superbowl and Google claiming they are banning adds to try and prevent him operating generates a lot more free media attention than the adds themselves would have. I had no idea adultery sites even existed until now.

I'm not married but would have thought standard operating procedure would be to go to a singles website and just not tick married?

contactdick··on Ask HN: How do you get feedback for your product?
We have a feedback javascript (from feedbackify) tab on every web page and every mail (or receipt)we send has feedback buttons.

We also call customers whenever we have a good excuse (new features etc) (www.yreceipts.com)

contactdick··on Wireless anywhere.. I'm thinking of writing the following
I'll check it in detail but we're allowed to have our friends connect to our Wireless Access Point if they visit our house under our ToS, this idea just extends on that.

I'm in the UK though, possibly in other countries they are more restrictive about sharing your connection?

contactdick··on Wireless anywhere.. I'm thinking of writing the following
Sweet - I'll check it out. You might have saved me a couple of days coding :)
contactdick··on Wireless anywhere.. I'm thinking of writing the following
Cheers for the suggestions, the idea behind the billing is that if you share your Access point and lots of people use it, the service will be free - after all you're providing it! But I'll certainly try and keep it as simple as possible - the idea of a monthly cap is good.
contactdick··on Ask HN: What advice would you give our startup?
Great idea. We allow retailers to include one advert per receipt. This advert can be transaction based, meaning when someone purchases a pair of jeans, the retailer can create a rule to show the current offer for a matching belt. Does that go in the direction you mean?
contactdick··on Ask HN: What advice would you give our startup?
Good point. For everyone who actually wants to check the receipt at the POS there is an option to also receive a paper receipt (i.e. email and paper). If the receipt is ok, you can throw away the paper receipt and keep the email receipt for potential future changes/returns/expense claims etc. Now this defeats the environmentally benefit of email receipts but is a way around it. Some retailers let their customers look at customer-facing till screens while scanning the purchase items.
contactdick··on Ask HN: What advice would you give our startup?
No the shop doesn't get the email address. I wouldn't want that either!! They can choose a banner ad to appear on your email receipt based on keywords. The receipt is sent from our system and we don't give them your email.

The shops register with us but the customers can choose to give their email on the till or register a barcode to swipe at the till (any barcode will do) that maps to an email in our system.

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