HNHacker News
TopNewBestAskShowJobs

tracer1

29 karma · joined February 18, 2016

submissionscomments
tracer1··on Cryptocurreny retailer BitPrime closes trading after running out of money
Generally OTC desks are useful for large purchases. Let's say you want to acquire $100 million in Bitcoin - you could go to Coinbase and just do it, but you'd drastically move the market, have a really obvious candlestick, and an observant third party could look for large movements from Coinbase and potentially track your holdings / de-anonymize you.

An OTC desk can be setup to spread the buy over several days / months, buy across markets, and optimize for best price execution. It's not necessarily a huge business, but a lot of businesses and high net worth individuals will use these types of services instead of trying to learn the skills themselves.

tracer1··on Teen mental health is plummeting and social media is a major contributing cause [pdf]
I wonder what the impact is on general mental health, I'm not sure the impact of social media is restricted to harming kids and teens...
tracer1··on Watson A.I. XPRIZE, a cognitive computing challenge
So, I've read this, the announcement on XPrize, and a few articles, but I can't for the life of me figure out what the contest is, or what they want people to build...