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Comment Re:Bleaker than you think! (Score 1) 355

I do not think you understand what is involved with a trip to Mars. It is very very far away. We have to wait for decades to get the planets close enough just to try to get there with the technology we have. The cost involved with sending things over there is astronomical. We have not been able to do much more than send robots. We cannot send enough provisions to allow humans to live for more than a few months. This is one way trip to die relatively quickly. I do not believe that any TV station in western civilization will agree to broadcast that.

Comment Re:Is it? (Score 1) 388

I vehemently disagree that there is no downside. Goldman Sachs is not paying millions to put these servers at the exchanges because they are a benevolent entities. They are doing it because they can suck the profits out of trades. These trades would have happened with HFT, just a bit longer. And the spread would have gone to the either the seller of the buyer. Instead, we now have a middleman that no one asked for getting a slice. A microsecond liquidity is not real liquidity, it is just an illusion of liquidity gone as quickly as it appears.

Comment Re:Is it? (Score 1) 388

I have studied HFT a bit. If you have some literature about real benefits, I would love to see it. All I have seen is how it adds "liquidity" to the market without stating what benefit that additional liquidity does for small investors. As even you have stated, there is no additional benefit for microsecond transaction. Why are we allowing something with no benefits?

Comment Re:Is it? (Score 1) 388

I didn't realize Wall Street was so caring about small investors...

Seriously, if what you are saying is true, why do HFT purveyors need their servers right next to the exchange servers? If all they are doing is increasing liquidity, why do they need to intercept information before anybody else sees them?

HFT needs to be shut down. All it does is suck profit from small investors.

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