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Comment: Re:Honestly... (Score 1) 331

by n0nsensical (#40122863) Attached to: Hacked Bitcoin Financial Site Had No Backups

Happening because 17 yr olds who know nothing about writing and deploying production grade software get their hands on Ruby on Rails and think they can do anything including handling lots of money. Thats exactly what happened here. Some months ago I invested a whole 1 btc into Bitcoinica to see what the fuss was all about. The site was so obviously programmed by some amateur that I couldnt even withdraw my 0.8 btc after taking trading losses for a while, took me a while to figure out that one withdrawal method was completely broken, so I did manage to use another to get my 0.8 btc and run, but this site was clearly heading for inevitable disaster to anyone with real professional software experience. Always try before you buy

PS also must say in my experience in the software industry, to the credit of the 17 yr olds involved, even grown adults who do know a thing or two about writing and deploying production grade software still make inexplicable mistakes like not making DB backups. S**T happens but some s**T is more likely than others.

Comment: Re:Honestly... (Score 1) 331

by n0nsensical (#40122853) Attached to: Hacked Bitcoin Financial Site Had No Backups
Happening because 17 yr olds who know nothing about writing and deploying production grade software get their hands on Ruby on Rails and think they can do anything including handling lots of money. Thats exactly what happened here. Some months ago I invested a whole 1 btc into Bitcoinica to see what the fuss was all about. The site was so obviously programmed by some amateur that I couldnt even withdraw my 0.8 btc after taking trading losses for a while, took me a while to figure out that one withdrawal method was completely broken, so I did manage to use another to get my 0.8 btc and run, but this site was clearly heading for inevitable disaster to anyone with real professional software experience. Always try before you buy

Comment: Re:Fluid ounces from pounds of water (Score 1) 470

by n0nsensical (#33460772) Attached to: 3 Drinks a Day Keeps the Doctor Away
it may not be the world around but it means the mass of a US pint is 450 g which is quite close to 454 g = 1 pound Obviously under the assumption that 1 pound, a measure of force, is equal to the weight of 454 g of mass, so the whole thing is only valid for US measures taken on planet earth.

Comment: WTF has happened to the world? (Score 1) 443

by n0nsensical (#31980866) Attached to: Ubisoft's DRM Cracked — For Real This Time
Where I come from, we willingly pay money for things we like even given the opportunity to get it for free. Because we want the creators to make a good living and make more of it! And they don't fuck us like bitches in return! I highly recommend anyone concerned with this just turn around, walk away, and spend your energy, and money, on doing something positive for someone who's not trying to fuck you like a bitch. Cause I dont like to get fucked by anyone except the Mrs! There's no point fighting or getting fucked by pricks in suits. There will always be pricks in suits and even if you beat these pricks there will be more pricks lining up to replace them. Until everyone stops playing their little games anyway.
Government

+ - Electronic Bank Run Helped Spark Downturn

Submitted by Ralph Spoilsport
Ralph Spoilsport writes "One of the recurring fears in a digitally linked global economy is the scenario where there is an electronic "run on the bank", a scenario that would make the run on banks of the early 1930s look like a pocketful of change. Even Bill Maher in his broadcast of 20.FEB.09 mused to the effect of "What would happen if the Chinese took all their money out?" Well it seems that Doomsday Scenario passed already, on 15.SEP.09. It seems that in a period of minutes, $550 billion dollars disappeared electronically from the Federal Reserve System in the form of liquidated money market funds. This story was told by Rep. Kanjorski (D-PA). Now, whether this was the Chinese doing a panic withdrawal or the major banks pulling out all stops to cover their bad debts is unknown at this time, but it does show one important thing: technology permitted a panic sell-off of unprecedented proportions that could have been completely catastrophic. What is also distressing is that there has been ZERO media coverage on this."
United States

+ - To H-1B, or not to H-1B?

Submitted by
theodp
theodp writes "Over at InfoWorld, Bill Snyder says that the H-1B visa has got to go, arguing that with 200,000+ tech workers on the unemployment line, there's no longer any reason to look abroad for employees. At Forbes, however, Megha Bahree argues that Sen. Chuck Grassley hurts America by meddling in the H-1B affairs of TARP recipients and Microsoft. Bahree goes on to charge the Senator with "creating a new kind of discrimination altogether," ridiculing the idea that "American companies have some nefarious scheme to get rid of Americans in favor of non-U.S. workers." Yeah, next thing you know, that crazy Grassley will claim that TARP recipient Bank of America and economic-stimulus salesman IBM have even tried to patent this nefarious scheme. Or that a ghost office was set up in his home state of Iowa for the purpose of paying lower wages to H-1B workers on the East and West coasts."

I'm still waiting for the advent of the computer science groupie.

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