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Comment If nothing happens it becomes negative feedback (Score 1) 140

Trump says X, traders jump on positions that would benefit from X to try and get out in front. However other than the speculative betting there isn't much movement. Then X doesn't happen, so there is no long term movement. The traders disengage from their positions trying to take as little loss as possible.

This happens over and over and more will learn that acting just loses you money. It's why markets don't do fuck-all in response to Alex Jones. It isn't like his message isn't out there for the world to see, and actually more widely watched than I can fathom, but they don't believe anything will happen based on it so trying to get a first mover advantage can't happen.

You only gain an advantage by getting in first if the move happens. If it doesn't, at best maybe you can get out without a loss but usually you are going to take a hit to some degree. Thus you act only on those things that are likely to generate a move.

Traditionally, things the president said would qualify. However Trump is anything but traditional. He shoots his mouth off all the time, regularly contradicts himself, and changes his mind often.

Comment Well with the "elite" schools it is often not that (Score 3, Insightful) 289

For a regular school, particularly state school, then yes it gets stacked a lot by test scores and other academic indicators. The better you do academically, the more they are interested in you and the more money they'll try to give you to get you to attend.

However the "elite" schools have a whole bunch of good old boy shit going on. If you look at admissions in to places like Harvard you find that there are some legitimately top performers who come in, but a whole lot who are not and are instead connected some way. They are kids of alums, politically connected, rich, whatever. They are the "right kind of people" and so get the invite.

That's also the reason why parents want kids to go there is the connections. You don't get a better education at Harvard overall. Any university with a good program will do at least as well, and in plenty of disciplines there are schools ranked far better. However it further gets you in to the old boys club and gets you connections to people that gets your opportunities that would not otherwise be available later in life.

Comment And in fact you do the opposite (Score 5, Insightful) 253

You have a plan should you get killed or otherwise be unable to provide the passwords. Where I work, in addition to there being more than one IT staff, all the passwords are safely locked away where the Dean can get at them, if needed. We make sure that even if we are all gone, whoever comes after can get access.

These days the university has policies to that effect but we did it before then because that is what you do. You have a disaster plan, and that plan includes what happens if you aren't around.

Comment No, he wasn't (Score 2) 787

Assanage's offer was always empty, given that the US isn't after him, at least not publicly. Now he contends that the US wants to get him in secret, though he's presented no evidence of this and of course one would have to question if they'd agree to a public deal for something secret.

Assanage is wanted by Sweden and the UK. Sweden for a sexual assault case, and the UK for skipping bail in that case. The US has not filed any charges against him, though I'm quite sure they don't like him. If he left the embassy he would be arrested by the UK and shipped off to Sweden. Or they might not send him off, since he's broken UK law by skipping bail and try him there for that crime, then ship him off once she's served his sentence.

So this was always a stunt.

Comment It is a problem I've talked about for a long time (Score 0) 130

And one that often gets me downvoted since Mac users don't like to hear it: Apple is a fashion company. That's why they've been able to do what they do. In fashion, a higher price can be a GOOD thing not a bad thing, whereas consumer electronics are one of the most notoriously price sensitive markets out there.

However the downside is as you say: What is fashionable changes and it is really hard to stay on top of it forever.

Comment Re:No, it wasn't (Score 1) 104

Well two things there BTChead:

1) Some currencies DO move large amounts and that is NOT considered successful. When the pound was experiencing instability, that was a big cause for concern. It was not considered a "success" as people seem to think for BTC.

2) It was 8%, not 30%. Bit of a difference there.

Like I said before: You can't have it both ways. If you want it to be a good currency, then stability is what you want. If you are happy with rapid fluctuations, then it is a speculative betting opportunity.

Comment No, it wasn't (Score 3, Interesting) 104

Not just because it doesn't work as a currency, but because for currencies big swings in valuation, up or down, are no "good performance". Ideally a currency would be completely stable. What $1 buys now would be what $1 buys tomorrow, and what it buys in a thousand years. Of course in reality none of them are totally stable, but the good ones are pretty stable. They move a very small amount, and do so very gradually. They function as a good store of wealth for that reason, and more importantly make for a useful medium of exchange. Since their value is pretty constant, people have a good feeling for how much they are "worth" and can mentally price things.

Bitcoin did well as a speculative bet. If you want to play financial speculation, Bitcoin is a good target as it moves like a very thinly traded stock. That means it can swing bit and make you a lot of money. Also means it can swing big the other way and lose you a lot. So like any sort of speculation, you need to know what you are getting in to and understand the risks.

You BTC promoters can't have it both ways: If Bitcoin is a good currency then it needs to be stable. If Bitcoin is a good investment, then it isn't a currency.

Comment Re:Praying (Score 1) 118

That's actually what motivates a lot of western terrorists. Look at most of them(Al-waki, the Nice terrorist, the Charlie Hebdo guys, the Orlando shooter, the list goes on) and you will find that most of them lead very "sinful" lives before "finding" religion and then committing terrorist acts

The religious leaders convince them that they aren't at fault for "succumbing" to sin, its the fault of society for allowing them to fail in the first place, thus the "logical" conclusion for them is to attempt to change the society so it won't allow such sin in the future by installing Sharia law. First step in doing so is obviously killing as many infidels as possible....

Comment Ummmm (Score 3, Insightful) 531

How is this our infrastructure being vulnerable? Russia didn't hack US infrastructure, at least not that I've seen (please provide reliable sources if you know otherwise) they got in to the internal e-mails of campaigns. Also "hack" seems to be a bit of a strong word for what they did. Sounds like they got in to Podesta's e-mails by phishing his username/password. I'm not really sure what you think the federal government can do to fix/prevent that. I mean they already have information out there about "don't click on shit in e-mails" and there is training out there organizations can point people to from groups like SANS.

That aside, even if it was a hack (as in exploiting vulnerabilities) it wasn't a federal government controlled system. So again, what is the fed supposed to do? Take over private e-mail systems? Put up a national firewall on the Internet?

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