Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Comment Re:A question to the community (Score 1) 300

[quote]What's with BitCoin? Why all the negative press? I've seen no named commenter put forth a rational argument as to why it won't work - that can stand up to logical scrutiny. All arguments so far have been handily shot down by subsequent responses. (You're welcome to try, though.)[/quote]

It won't work because there's a limit to the number of Bitcoins you can make. Additionally all the control mechanisms that market makers normally employ on major currency pairs won't work. It's a threat to the world's major banks and the status quo, and they'll throw resources at burying it or trying to control it with all the weapons they have (such as lobbied governments, lobbied laws, and the media) if it becomes too popular to be a threat to their business.

Comment Re:Attack on digital currency (Score 1) 205

I would forget about governments attempting that.... but banks? Almost certainly.

Actually trading bitcoin on a spot market would be completely unworkable however, because without any mechanism for guided market maker manipulation, price fluctuations would happen at complete random (which has been the case with bitcoin historically).
Professional currency traders specifically look for price manipulation opportunities to make consistently profitable trading decisions. Without the manipulation, you may as well leave wall street and head to the casino.

Yes, the very fact that major currencies are manipulated *should*, quite rightly, blow your mind as to what that means for life on this planet...., given that the media, books on economics, and hundreds of failed traders would tell you that the market is somehow random.
Well somehow people find a living off day trading wall street. If they can't do it consistently, how else are they doing it?

Comment Attack on digital currency (Score 3, Insightful) 205

We all know that this is the first salvo being fired at digital currencies.

The "powers that be" running the world's major banks in concert, can't have any currency run outside of their control and manipulation, because then they would lose their grip on the world's economies (and in turn, their people) to do their bidding.

If they can't latch control onto Bitcoin or other currencies, they will attempt to stifle it's ascendancy, or drive it far underground.
Remember that they only manage to control the world because we have to use the major currencies under their control, which gives them their license to print credit at the cost of everyone's freedom who actually has to do the work for it's creation.

Comment Re:Virtualisation (Score 1) 191

>Stop considering license prices, and start considering Total cost of ownership

That's OK if the organization has deep pockets, deadlines, and defined SLAs, and you happen to be an outside contractor who is called in to make a solution where he/she has to be able to walk away from whatever solution is in place at the end of the day, and have it supportable by other people.

However, at some places where they pay in-house admins, they might have carte-blanche to hack together whatever solution they like in whatever timeframe they like, to get something that's functional... at least most of the time, and then document it for their admin team.

I've worked in both modes of organisation and there is a completely different culture and approach to problems in both of them.

I think that as you find yourself re-reading what I wrote, I wasn't picking one solution over another. Just listing options. To someone who's pockets don't run deep, vmware isn't negligible in the licensing department. No two-ways about it, and no spin about TCP will hide that. When in-house admins and devs are paid a monthly wage and allowed to run amok doing their own R&D, TCO is fairly negligible. What isn't negligible for in-house admins, is to explain to their superiors as to why, despite being asked to keep costs down, that they go for the most expensive solution - what when there are open-source alternatives that they have all the time in the world on to get working and support.

Either way, vmware requires competent admins just like any other solution.

Comment Virtualisation (Score 1) 191

VMware - best in class but can be hideously expensive if you start using vsphere, but support is great
Hyper-V - probably the most sensible way to go if you're just virtualizing windows
OracleVM - immature for prime-time on commodity hardware, but free to implement
SmartOS - is an OpenIndiana based solution where the whole stack runs in memory.
RedHat has implementations of their own virtualisation stack, and they also do openstack as well.

Comment Re:amendments ..... (Score 2) 551

I'd mod you up, but I already commented in this thread and got buried by dickheads.

As to the cowboy Americans: If you don't trust your government, what hope have you got WITHOUT one?
Having a government that doesn't do what you want it to do sucks sometimes.... it's called compromise and it's how grown-ups solve tricky issues.
The crap we all put up with from our leaders at times is a much better alternative to having all-out anarchy, and deep down even you understand this.

Comment The stupidity of Cody Wilson (Score 1) 551

Cody Wilson thinks that he's enforcing his 1st and 2nd amenment rights, but the truth is... the US is already awash with guns... and if the US government wanted to take them away, they have plenty of firepower to wield over people armed with a piece of plastic. The rise of the 3D printed gun is moot in the US because REAL guns are easy to get and cheap as well.

No...., all that 3D printed guns are going to do is introduce gun culture to countries that have decided to do away with guns.
Only the criminals will have them because most people don't want one and won't get one to defend themselves with.

Thanks a lot, you redneck jingoistic patriotic bastard.
Freedom of information is one thing, but this information in the wrong hands can kill. It's why we don't hand out uranium and bomb-making plans to just anyone.

Comment Re:Exactly Backwards (Score 1) 230

Not sure how this "news for nerds", but anyway....

I speak two of the languages on that list fluently, but by and large Chinese is the one that should take priority, if for no other reason than that their influence is huge, and the chances of running into native speakers of the language is really good in Australia compared to the speakers of, say Indonesian or Japanese.
The thing is that a good deal of business in Indonesia is run by Chinese anyway, and you don't see that many Japanese tourists in Australia any more.
Most of the Indian speakers speak English anyway, mainly because Hindi isn't the be-all end-all of Indian linguistic diversity,

Not diminishing the usefulness of knowing any language really,... but agreed that locally Chinese is more dominant, and lots of them are moving to Oz and investing heavily.

Slashdot Top Deals

To err is human, to moo bovine.

Working...