somuchfordonor

5 ms·

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by somuchfordonor 4y ago
> honestly by finding mispricings in the market. Eg Buffet, or Burry during the housing crisis. Like who wants to be on the other side of a Jane Street transaction? Absolutely fucking nobody. If you're talking about "mispricing
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by somuchfordonor 4y ago
I see a lot of variations on these arbitrage and secrecy themes. Arbitrage that sticks around for years: those are scams dude. They involve collusion, not intelligence. I understand it might not be illegal collusion, but if either side of t
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by somuchfordonor 4y ago
> Alameda’s CEO is Caroline Ellison, a Stanford University graduate who like Mr. Bankman-Fried previously worked for quantitative trading firm Jane Street Capital. Alameda is based in Hong Kong, where FTX was headquartered before relocat
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by somuchfordonor 4y ago
> And one of the triggers started when around 2005 the FED started raising interest rates The fed did not cause the crypto crash. It didn't force people to gamble on cryptocurrencies. It didn't force them to not sell, at the to
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by somuchfordonor 4y ago
> so I have no idea why you felt the need to bring him up. This is what we are lampooning.
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by somuchfordonor 4y ago
This forum is full of people with amnesia over how many id Tech people are assholes.
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by somuchfordonor 4y ago
You forgot 8 hours ago: Hacker News commenters are in total denial: https://news.ycombinator.com/item?id=33518961
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by somuchfordonor 4y ago
Well it turned out to be fire.
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by somuchfordonor 4y ago
On the other hand, the end user can only distinguish two kinds of recommendations: (1) what is most popular over a period, and (2) what is similar to your most recent few likes/buys. Besides, in a social media app, you can do whatever
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by somuchfordonor 4y ago
> Even if FTX has stopped withdrawals, it does not necessarily mean they are insolvent. Listen to yourself.
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by somuchfordonor 4y ago
No dude, Sam Bankman-Fried is going to totally autist-genius his way out of this one.
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by somuchfordonor 4y ago
Well the user's money is going to good use, it's financing the AI that will defeat the AI that tries to take over the world.