duren

Joined 11 years ago

Karma
80
Submissions
41
Member since
May 22
Caleb Durenberger, product designer, San Francisco
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Recent submissions

Comment · 4 years ago
I was invited
Comment · 4 years ago
Comment · 7 years ago
I'm a product designer in SF with MVP designs for a music discovery web app. I would also be interested in any other music-related projects. Email me: [email protected].
Comment · 9 years ago
> 50,000 testers representing 207 nationalities

Wait, how many nationalities are there?

Comment · 9 years ago
It's the same as exchange rates, constantly being recalculated. Though crypotcurrencies are orders of magnitude more volatile. A seller will set their price in USD (or other established fiat), and convert the price to bitcoin at the time of transaction.

As far as cryptocurrencies are concerned, I personally view BTC as a good store of value; it's slow and expensive to transfer compared to other coins.

Comment · 9 years ago
It's more complicated than this.

They probably could implement it much sooner, but they are waiting for 2 things (I'm speculating here).

1. Larger hashrate, which decreases likelihood of a 51% attack.

2. SegWit2x November hard fork.

Comment · 9 years ago
Thanks, I'll look into it. My naïve opinion is that a desktop client would be less secure than Coinbase's vault. Hardware wallets are generally unavailable or inflated (Trezor and Nano S). Therefore, I assumed paper wallet was the only option.
Comment · 9 years ago
How else would I safely keep the private keys?
Comment · 9 years ago
> How hard would it have been to say something like

I would suggest that neither of us have any idea how hard that would be. (Also, they gave a pretty similar announcement, minus the "we might support BCH in the future" bit.)

From my perspective, they are now going to devote a shit ton of engineering effort into supporting BCH withdrawals, which will not provide a source of recurring revenue.

Comment · 9 years ago
Say what you will about Coinbase, but I really appreciate their willingness to adapt and respond to customer feedback.

I personally didn't want to take on the risk of creating a paper wallet and having to move my small amount of BTC from my Coinbase vault, so this is great news for me.

Comment · 9 years ago
I get that (currently trying to not abuse unlimited policy).
Comment · 9 years ago
3 months of unpaid, that's really interesting, I've never heard of that before. What country are you in?
Comment · 9 years ago
This reminds me, I need to move to Europe.

4 week minimum seems healthy, good on you!

Comment · 9 years ago
It's a bold (and I'd argue an incorrect) assertion to lead with and without providing evidence or supporting opinions.

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