Sorry, Scottsdale is a dealbreaker.
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HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks InvestorsEnglish
1·3 days agoYes, that’s all true. I would temper that by saying if you can rig orders with front loading the way the book described ten years ago, the end game is not to make the market less predictable and more chaotic. The people architecting this stuff have now been working at it for over a decade.
The no more crashes thing is my own extrapolation based on my personal experience watching them control the price of stocks that were shorted to oblivion using dark pools and synthetics along with the sudden subsequent rise of crypto-capital. I am aware that this brings me into conspiracy territory, but I’m also aware that nothing that has happened since 2008 has done anything but reinforce the notion in my head.
Time will tell, I don’t mean to imply that no crashes is a given but I strongly suspect the entire market is price controlled using all these tools (AI, HFT, crypto, dark pools, synthetics) - and not just this market, but any market that allows these tools to be used.
HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks InvestorsEnglish
1·3 days agoEvery time I say this I get this comment or one like it… since 2014. I invite you to save this thread and come back and make me feel like a complete moron when it happens. Eventually, I think everybody will come around.
Edit: I started to come to these conclusions when I read the book I mention above - it’s more than 10 years old now. I’m not alone in thinking these kinds of things, the book’s author does as well
HAL_9_TRILLION@lemmy.dbzer0.comto
Greentext@sh.itjust.works•Anon tries to break the ice
351·3 days agoSelf-aware enough to realize he’s getting checked out, 8/10… Imma press X to doubt.
HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks InvestorsEnglish
562·4 days agoThe stock market doesn’t work like this anymore and hasn’t for several years… maybe decades. Share price is completely decoupled from fundamentals. The way you make money for shareholders is by getting the stock price to go up and what the actual company does or doesn’t do is not particularly a consideration anymore.
I go one step further and say that I personally believe the market itself is rigged, has been rigged since just after 2008. It is fully under control by dark pools, algorithms, HFT and AI. We will never again see an appreciable crash in the market, just things which vaguely resemble “normal” market action as the overall line continues to go ever upward.
The stock market is now fully a money-generating machine for the Epstein class. I have been saying this since about 2014 when I read Flash Boys by Michael Lewis and the Dow was at 18,103, Nasdaq 4,773. Even today with this news, the Dow is up currently 72 at 51,564 and the Nasdaq is up 496 at 26,517.
And it’s not just rich people. We hear that big CEOs make thousands of times what their employees make and we don’t bat an eye. And so now, at least in America - this way of thinking has crept into the collective psyche as if it’s just completely natural and normal.
Consider installing some complex thing at your home. A contractor can purchase the materials for the job for say $4000. He then pays two of his techs $30-$40/hr to install it, it takes two days. So $4000 for materials and $1280 in labor. He thinks nothing about charging the client $12,000 for this work and so it becomes the new normal that this costs twelve grand when what it really cost, between manufacturing and installation - was $5280. It’s not that the guy who organizes it all’s time is worth nothing, it’s that his time is not worth more than what everybody else involved got.
But this is what everyone in America aspires to and is part of why we are where we are.
To me your comment brings to mind the underlying problem, which is: your action won’t matter because of the overwhelming behavior of the herd. The masses can’t comprehend/don’t care and profitability is absolutely not tied to consumer satisfaction anymore.
The only winning move is not to play. Buy older models before this idiocy started. My vehicle is 2011 my SO’s is 2007.
This is all just to increase the profit margins for insurance.
HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•Florida Sues OpenAI and CEO Sam Altman, Alleges Altman Showed ‘Utter Disregard for the Risk to Human Life’English
3·21 days agoWhoever wins, we lose.
HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•Gabe Newell asked Valve's top lawyer "What the f*** do I pay you for if that’s your opinion?" in heated debate over porn games on Steam, report saysEnglish
77·21 days ago“I don’t want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do.” — J.P. Morgan
HAL_9_TRILLION@lemmy.dbzer0.comto
Greentext@sh.itjust.works•Anon notices realism in GTA6
97·27 days agoWhat did Rockstar mean by this?
That people download games now?
HAL_9_TRILLION@lemmy.dbzer0.comto
Technology@lemmy.world•Valve removes free horror game from Steam after players discover it contains malware that steals your dataEnglish
3·1 month agoJoke’s on them. I just put games in my library and never install them.
OK so I understand the Dutch have a reputation, but if you are making your ride wait on you because you aren’t ready at the appointed time - nevermind the fact that your ride isn’t charging you for gas (one hopes, since OP is going anyway and offered to pick him up, to do so would be just as rude as the coffee) - it would just be too unbelievably outrageous to bill them half a Euro. I have to conclude that this is ragebait.
HAL_9_TRILLION@lemmy.dbzer0.comto
Greentext@sh.itjust.works•Anon is Arthur Schopenhauer
3·2 months agoI’m not autistic, nor have I ever gravely injured someone through my own action (or inaction) that I know of, but I will tell you this: I don’t understand how these attention-starved children driving these rice burners with their goddamn POW POW UNF POW exhaust systems (and you fuckers know what I’m talking about) are allowed to exist.
I am not a violent person, but I would read their obituaries with great satisfaction.


I mostly used postgres in my work but we had one master server that had to be oracle for reasons so I took a class. The class mostly taught me that I wanted nothing to do with oracle.