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Posted by ca98am79 1 day ago

I bought Friendster for $30k – Here's what I'm doing with it(ca98am79.medium.com)
1058 points | 574 commentspage 12
mfgadv99 13 hours ago|
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ronbenton 1 day ago||
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demn 7 hours ago||
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hasbot 1 day ago||
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myway93 20 hours ago||
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TranspectiveDev 21 hours ago||
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huflungdung 1 day ago||
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breezywheezy 1 day ago||
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JumpCrisscross 1 day ago|
> $20k dollars in bitcoin (I can’t say how much bitcoin that is because it fluctuates too much to be a stable currency), to buy a dead domain that makes $9k a year in at revenue

That's...a good deal? Assuming even 50% margins, that's a solid yield.

breezywheezy 20 hours ago||
It’s nothing of value buying nothing of value. If you only see dollars and not the utter nonsense you’re either young or not very bright.
JumpCrisscross 11 hours ago|||
> It’s nothing of value buying nothing of value

Doesn’t that make it fine? If I trade three acorns for a crayon drawing of a squirrel, that’s a nothing burger. If I bought those three acorns for a million dollars, then someone might have a legitimate gripe with my choices.

psychoslave 17 hours ago||
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tomhow 16 hours ago|
Please don't post generic ideological sermons on HN. Sure, any money anyone ever spends or invests could arguably be put to better use. It’s a jerk move to bring it up in a tangential context like this. We have no idea what kind of charitable/benevolent work or giving this person does, or what they may plan to do in the future with any gains they make from this or other investments. It's not fair to post this kind of condemnation based on knowing very little about them, and it's against the guidelines to engage in ideological battle or introduce generic tangents.

https://news.ycombinator.com/newsguidelines.html

psychoslave 14 hours ago||
>Please don't post ideological sermons on HN.

Promoting auto-censure is also falling in ideological sermons, so this is going nowhere consistent. Only in illusion can one think to stand on apolitical and ideological-less point of view.

There is a rating system, and it’s fine some posts goes down to oblivion if it doesn’t fit the majority mindset of voting users.

It’s true what’s this person is doing on charitable/benevolent work is unknown, and the post anticipated this scenario and did express appreciation if that was the case.

Plus, calling for a step back to think about one own actions on their own terms, that’s not what we could categorize a harsh condemnation.

Favoring closed information bubbles, void of any critical thought is doing no one a favor.

tomhow 3 hours ago||
The guidelines apply no matter the topic; if it weren't that way, there'd be no point having them. We're here for curious conversation. Curmudgeonliness, fulmination and generic tangents are specifically off-limits here, and berating someone over personal, lawful decisions about projects and investments breaks the first rule of HN comments, which is to be kind.
northernsausage 15 hours ago|
In a world where I am trying to use my phone much less due to ingress of tracking, destroying my mind etc having a social media where its required is a bit of a no-no for me tbh. Additionally I feel like this puts more friction on those of us that are shy and weird, for us the internet and online places are where we can be ourselves. I wouldn't ask you if I could follow you on Twitter, I'd just do it because I find your stuff interesting. Putting a hurdle in the way of connection might sound daft but is enough for many not to use it or miss-connections.

For me the special sauce that's been taken away from SM is just seeing my friends stuff, I want to see your dog with out it having to be a 2min video with onscreen graphics, SEO keyword optimisation in the post title and brand tags. Show me your fluffy dog updates, just dont force me to ask you about it first.