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Comment: It's difficult but not in the way you kids think (Score 1) 145

by cHiphead (#47829035) Attached to: FCC Chairman Tom Wheeler Says Switching ISPs Is Too Hard

I miss being able to plug a modem into any phone line and have internet access. Cable and DSL just destroyed that freedom of mobility (and we all accepted it, in exchange for Mbps bandwidth instead of Kbps bandwidth). Wifi kinda brought it back but its all locked down in Terms and Conditions away from any rights conveyed as a result of the lines being covered by common carrier rules.

Comment: Re:Good (Score 3, Insightful) 108

by cHiphead (#47791389) Attached to: Judge Allows L.A. Cops To Keep License Plate Reader Data Secret

You're kidding right? This is absolutely a farse. The data set isn't insanely large and they could simply redact any specific records that may relate to active investigations.

The LAPD obviously doesn't want people to know they just run the shit out of everyone without cause, effectively committing searches without probable or even generally reasonable public safety cause.

Comment: Re:News Organizations (Score 1) 57

I feel it was the McDonald's inheritance fortune from years back that poisoned NPR. Republicans saw a chance to siphon some profits from the teat of a public institution and immediately did their damnedest to wrestle their own control into the foundations that manage that money. CPB was the first domino to really fall to them.

Comment: Re:Fucking Casuals. (Score 4, Insightful) 303

by cHiphead (#46877551) Attached to: SEC Chair On HFT: 'The Markets Are Not Rigged'

You don't understand the issue or you are making money from the technique and have fully disconnected yourself from the ethical implications of HFT scamming.

I'll use plain english terms to describe it since I'm not in that industry and never remember the fancy facade of names used to obfuscate investing practices and technical points from non-industry people.

You can check the bid/ask prices, the type of HFT process that screws you happens entirely AFTER you press the buy button, they see your buy at one data exchange location and literally outrun your network packets to remaining exchange points to buy up what you just clicked 'buy' on. You end up with a portion of what your lowest bid was, but suddenly the other locations that have the product to fill the order are all priced higher from the HFT gamer. This requires special high speed access and high speed API access to the data exchange points.

It's rigging the system. It's a great hack if you are making money for yourself but it's more than just unethical, it utterly destroys any usefulness of financial investment markets, and also leads to caustic disruption of real world economic data.


Prediction is very difficult, especially of the future. - Niels Bohr