Blackbird: Bitcoin arbitrage

Seems like majority of HN hates crypto which is disappointing. Luckily there are a ton of great subreddits, slack, telegram, and discord channels out there.

Would you mind posting those?

Also interested in this.

Where by "crypto" you mean "cryptocurrencies", rather than the more common "cryptography" (which I think is still overwhelmingly appreciated here), right?

> majority of HN hates crypto which is disappointing

The assumption you may speak for the majority by sampling a small polarized set of data is interesting, but irrational.

>Korean Jew Trading

sounds top notch.

There's an influx of fake accounts spreading fake news. Please flag.

They may dislike the current state cryptocurrencies are in while fully supporting the underlying idea.

haha alright, who would even try to astroturf hn with ant-crypto comments? the u.s. government?

it's human nature, when some people have made lots on bitcoin the people who haven't get a crab mentality. i doubt it's a conspiracy

> Learn how to make jewrean dollaz

...

Sigh. No, it's not a crab mentality. It's those of us who have lived through asset bubbles before and know that they have a tendency to affect the real, actually productive economy when they collapse.

This really. Nothing against cryptos but have developed a distaste for the ecosystem in general. I was sold on the idea of a currency that could help people in third world countries with stupid banking policies but instead 99% of the money in crypto is speculation waiting to cash out to fiat.

There's definitely a lot of speculation. But much of it before the last 6 months was philosophically driven. I wouldn't say the vast majority is just waiting to cash out. A popular bitcoin meme is that once the price is high enough, you won't have to. (Because it will then itself be the currency that everyone uses and cashes out from other currencies into.)

I just started a Telegram group up recently for people casually interested in altcoins/trading. Welcome to anyone - https://t.me/tradetradetrade

I totally agree with you, but then again, if software doesn't solve a people problem, it's bad software. This is what you learn in your engineering career.

Cryptocurrencies are technically amazing, and yet they fall short of actually solving any problem.

There is clearly an interest because we routinely see links about crypto-backed currencies make it to the front page but the quality of comments is usually astonishingly low. I don't know if that is because people "hate it" or if they overestimate their own knowledge of the topic.

Why does that matter? 99% of people investing in Tesla probably don't care about whether electric cars will help reduce pollution. They care if the stock goes up and it makes them money. That doesn't mean we shouldn't discuss the merits of electric cars.

Lately it seems like the majority of HN hates most technology. It's starting to feel like the most toxic social network I'm on. Quality critiques are few and far between while pessimism and anonymous downvoting is overwhelmingly high.

There's definitely a massive amount of dunning-krueger happening in cryptocurrency. I see a lot of that in these threads.

But I think the real reason the threads are low quality is a lot more disappointing. There are a lot of people who (often they aren't even HN regulars) have heavy vested interests in cryptocurrency, in a certain philosophy, in a certain coin, and so they brigade to protect their interests and to steer the ideas of the public in their preferred direction. So people will speak up even if they know it's not really their area of expertise

We detached this subthread from https://news.ycombinator.com/item?id=15994727 and marked it off-topic.

Because to benefit from an electric car you don't need to care if the stock is overvalued or volatile. To benefit from crypto as a currency, you kind of need to not lose your life savings in the space of an afternoon due to volatility.