408 posts • joined 14 May 2007
Let's see if I understand this correctly . . .
We should build a complex machine to run the market and our economy. Nobody really understands how it works, the algos interact with each other at an incredible speed. The life expectancy of these algos is a couple of weeks, so no time for any real testing.
And this is a great idea because HFT will reduce the cost of trading making it 99% more efficient, from 0.2% - 0.002%.
Not really. If a transaction of 100 is made, there was a cost of 0.2% or 99.8 efficiency. Now we have a cost of 0.002% or 99.998 efficiency. That's not a 100% increase in efficiency, it's a 0.1984% increase in efficiency.
Any other bright ideas Tim?
Zuck does have point
He doesn't want the government to spy on people. Surely in a free society, that's something a company should do, and they can sell that information to the government.
Zuck is losing money hand over fist here because he has to deal with a government backed competitor ! ! !
So he used his real name . . .
But nobody could find him?
Because he wasn't in the telephone-book?
What worries me more is...
How stupid these automatic systems are designed. If several sensors should return the same or similar values, how difficult can it be to ignore the one that is clearly faulty? Very smart people, sitting comfortably behind a desk decide that the odd value should be used.
The automatic systems than floods the crew with non relevant information.
And when the plane crashes, these very smart people decide that the pilots, working in a stressful situation, really should have known better.
I remember a Turkish plane crashing in the Netherlands in a similar incident: en.wikipedia.org/wiki/Turkish_Airlines_Flight_1951
Inorganic? Will the cover-ups never cease?
Re: Hands up who's shocked?
That's not the point. The point is that the backing of a government will prevent the bank from going under.
Also, the millage on the vehicle is decreasing instead of increasing. And that will have a positive effect on the trade in value.
Let's do the math
I know, this is considered witchcraft by some, or at least cheating.
If the iWatch sells for $299, it could total around $17.5bn in 12 short months, or around 58.5M pieces sold.
If the iWatch will sell at what many vendors regard as the "magic" impulse-buy price-point of $199, that figure would drop to just under the iPad's inaugural $12bn, or nearly 60M pieces sold.
Hey, that's very impressive magic right there, transforming 58.5M in nearly 60M. That guy with the fishes and the bread has nothing on you.
What you're describing is a mature market. Most people work in such an environment and make a decent living.
A competent manager can make a company pretty profitable there also. He'll have to put a leash on his ego though.
A solid effort . . .
But it looks like the nazi's won in the long run.
You're right, you're reading it wrongly.
No, if our sun was the centre of the galaxy, the sun wouldn't orbit in the galaxy.
The central part of the galaxy is defined as the space inside the orbit of the sun.
Re: Bitcoin mining == Pyramid scheme
No it doesn't. I can grow potatoes on the land I buy.
Bitcoins are purely speculative.
Re: The leaf as currency
Most people have a useful job. That means, they create something, or perhaps they are part of an organisation that creates something. To keep it simple: if you work in a carmanufactoring plant, you get paid for making a car, and with that money, you can eventually by one of the cars you make.
Solving riddles doesn't create anything. So for the money they make, they don't create any wealth.
there's no gold in them thar hills, but we will sell you a shovel and a pickaxe anyways.
You lost me at "In fairness to Apple".
Greedy money grabbers, meet mr. Greedy Moneygrabber.
What goes around, comes around.
Unions very bad ! ! !
People living in countries where unions are VERBOTEN are much happier.
SACKED! by! Mayer!
she could sack me anytime.
Re: Prepare for consumer inflation...probably
That's fine with me, I never by an Oracle license and probably never will.
Re: probably should have left it
They can only do that if you let them. If you fight it, they'll back down or loose a bundle.
and HR stands for . . .
Staff who want to be paid in bitcoin are savvy?
Re: Isn't technology marvellous
Indeed, Zacherynuk and myself call that progress.
No no, you're wrong
They have a big budget to explain to people how very ethical they are. So they must be.
Oh Sir Clive was so very clever
So a self declared very clever man, so clever he couldn't take advice from anybody, drove his company over the cliff eh?
Thanks God that would never happen today.
Arrogance created incompetence and together they create disaster.
I agree, and that problem could have been solved by simply putting the USB on the outside. Good idea, bad execution.
Re: Commuter nav
Our marketing people tell us there is no market for that. And they have a big budget, so they must be right.
Re: @ dssf
Homo sapiens of any persuasion tend to get pissed when their order isn't processed.
At least on my planet.
Re: An apples-and-apples comparison? Stock splits ARE important to stockholders.
Taking into account inflation and dividends.
Re: Making money is one thing...
Psychopaths only love themselves.
Re: Subtle thinking
Sorry but $75 transaction cost on an $300 transaction? Really? Darwin, I'm so glad I'm not living in the land of the brave and the free.
I could pay anybody in Europe 300 € and it would cost me less than € 1. Customs however would be keeping the parcel "under investigation" for several weeks as the watch will start ticking for a while when they shake it.
Perhaps we store our idiots in customs while you store them in banks eh?
Re: I wouldn't
Yeah, you're probably in marketing. Or a manager of some sort.
Listen genius, it's not about what you think, it's about what the customer thinks.
The customer, you might have heard from him.
He's the guy who's money we're after. Well not you of course, you're egotripping. But us, the working people who try to keep your company afloat. By making money for the company. And we still realise where that money is coming from: the customer.
I've never met anybody in marketing who isn't a complete tool.
When sales are good, they take the credit.
When sales go bad, they blame the salesguys.
In our society you're f*cked when you actually do something.
Did you read the article?
From the top: "China has banned its banks from using Bitcoin after warning the cryptocurrency could be used to fund terrorism. Financial institutions in the Middle Kingdom will no longer be able to use Bitcoin, although citizens are free to spend the digital funny money."
Any government has the right ànd the duty to set rules for their banks. It's because most failed to do their job, that we're in this mess to start with.
And that bartering with livestock was all very fine, but at the end of the year, "da man" came and took 10% of your livestock. So your "without any government intervention" line, doesn't fly either.
Re: Fearmongering from the Masters
Really? No different than cash?
Any currency is controlled by a national bank that has the monopoly on issuing coins and notes.
Who can guarantee that the market will not be flooded by counterfeit bitcoins?
Where do they originate from?
No different than cash he says? :-D
The voice of reason
is coming from the east.
I couldn't believe the US government decided to accept bitcoin as a legitimate currency. Nobody with any clue would.
An imperial tank?
Only invisible to very smart people.
Please explain to me
why I should pamper a dysfunctional boss?
Why should I line his pockets, stroke his ego AND take his abuse? What's in it for me?
That hero took it on the chin !
a lot of people work on notebooks and not on desktop pc. Without a notebook stand they'll be hunched over it like quasimodo.
I use a Logitech Alto, hands down the best ever build.
a women is a whore if she's not wearing a burka.
In Sweden, she's a whore if her boyfriend has a smartphone.
"but claimed he did not expect it to be so widely viewed."
Ah yes, the old, "don't punish me, I'm a fool" argument.
Re: That process continues today and will continue throughout the construction...
My thoughts exactly. Anybody who is doing any actual building on that project is sweating blood and tears while these morons pretend to be creative.
Don't tax my job...
That's what this is about. Don't tax my job. Tax somebody elses job instead.
While you can not short on a house, you can short on property. There are companies who invest in property and their stock is on the market. You can short on their stock if you think the value of property is going down.
But there's another consideration. How does trading contribute to wealth? Why is it that the trader makes the big bucks, but the companies that build the houses make less, and the fools who actually do the manual labor of building the house don't make enough to buy a house?
I was elite then
I will be elite again.
I just wish more people had some integrity
You can't make stuff like that up.
internal feuding in the company ? ? ?
Unpossible I say.
These are all very smart an rational people. With only the good off the company in their mind. That's why they make the big bucks. Right?
Re: They have no choice
You're right: in their world, they have no choice.
But there's treatment for these crazy people right?
That's when the majority of the people don't think their boss is a crook.
Re: I'm a Law Lecturer
And I am "the customer". My money pays your wages.
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