covemarkets

6 ms·

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by covemarkets 8y ago
I think you are putting a bit too much faith in human cognition: "when you put a person through 30+ hours driving course, they don't suddenly lose the ability to recognize trees or faces". They do. they get tired and their
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by covemarkets 8y ago
perhaps you mean execution quality? speed doesn't average out. if a broker takes 170 milliseconds to execute on average - that's an eternity. It's hard to know if execution quality averages out. it's hard to interpret
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Retail Brokers and Price Improvement(medium.com)
1 points by covemarkets 8y ago|2 comments
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by covemarkets 8y ago
Well, you are making pretty general statements. "With humans we know - from thousands of years of experience - that people generally don't go crazy when taught new things" they do crazy things all the time. Drink and drive,
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by covemarkets 8y ago
humans also fail for all sorts of reasons that are unpredictable. if, for example, Waymo, demonstrates properly calculated lower accident rates with their cars than with humans, then at some point you have to agree with what the data says.
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by covemarkets 8y ago
"Would you want your car or an aircraft you're on piloted by neural net the actions of which can't be explained?" Actually, if the net is properly trained to reduce overfitting and is shown to work on out of sample data
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by covemarkets 8y ago
I don't know, but the key is to properly account for the biases in responses of those who do answer. Substantial percentages of people do answer surveys. Don't make the mistake of thinking along the lines of "i would never
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by covemarkets 8y ago
correct, and that's why surveys need to be as scientific as possible in order to avoid various biases that skew the results. hence qualtrics and not surveymonkey for serious survey research.
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by covemarkets 8y ago
there are several issues at play: rules around trading securities and securities fraud. EtherDelta broke certain rules and that/s why the founder got fined about 400k in total. You are correct that EtherDelta wasn't a fraud or
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by covemarkets 8y ago
right, that's the main point. Why switch to POS at all? Suppose for a second ETH POS solution works as advertised. really fast and scalable. Then, there will be economic activity as a result of that speed and scalability, that woul
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by covemarkets 8y ago
curious, what the downvoters are disagreeing with specifically in this comment.
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by covemarkets 8y ago
"The issue is that you need to lock up money for PoS in order to mine it. That has a cost as you are forgoing interest on lending that money to an actually productive enterprise that is creating value. The net result is that funding an
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by covemarkets 8y ago
We are interested in talking to all kinds of engineers - backend, front-end UI/UX experts and full stack.
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by covemarkets 8y ago
Cove | https://www.covemarkets.com | Chicago | Software Engineer | Competitie Salary Plus Benefits Plus Equity | Full-time | REMOTE ( USA ) Cove Markets is the Best Execution Crypto Platform. We find the best price and the deepe