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> robinhood uses dark patterns to get you to randomly push the market. I think we'd all sleep a little easier at night if we knew what these dark patterns were
by logicalmonster 5y ago
> robinhood uses dark patterns to get you to randomly push the market.
I think we'd all sleep a little easier at night if we knew what these dark patterns were. Can you please provide an example of misleading language or anything on their site that would be termed a dark UI pattern? I do not use Robinhood anymore as they proved they are not trustworthy, but their user-interface seems to be one of the things they did pretty well.
> then they use opaque buy spreads to capture value.
Can you please describe the mechanism used here? I'm not sure where bid/ask prices can emerge from other than from buyers/sellers.
> regardless, the market is fucked by momentum plays rather than any fundamental values, which naked short selling is only one of dozens of meaningless "liquidity" plays
I think conflating naked short selling with other momentum plays is very misleading. There's 10,001 completely valid reasons for random short term price movements. To me, naked shorting is a fundamentally fraudulent price manipulation where more shares are now available in the market than should actually exist. This messes with the normal pricing mechanism which is a function of supply and demand. This is one of the reasons that stock trading eventually moving onto some kind of blockchain seems inevitable to me: nothing else can be actually verified and fully trusted.