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Comment Re:So.... Yik Yakked? (Score 1) 55

It distracted kids in schools and got used for bullying etc. It also got picked up by people who wanted to talk to kids in schools, which is not good either. Yik Yak blocked the app at schools in the U.S....

https://techcrunch.com/2014/03/13/amid-vicious-bullying-threats-of-violence-anonymous-social-app-yik-yak-shuts-off-access-to-u-s-middle-high-school-students/

"As for how the blocks will affect Yik Yak’s user growth, the company isn’t concerned, saying that the app is still doing “very well” at colleges and the publicly cited user numbers have been grossly under-reported."

I would guess the kids who used it and were blocked, graduated as kids who forgot it existed.

Comment Re:What I particularly enjoy (Score 1) 251

Um, no. That's bullshit. In no particular order:

1. George W. Bush passed multi-billion dollar stimuluses on his watch as well. The crisis unfolded in the summer of 2008, remember.

2. In the face of a major downturn, "spending your way out" is the ONLY reliable way to ameliorate it, at least temporarily. You could argue this is just kicking the can down the road, but Democrats did not invert Keynesian economics [wikipedia.org], nor is it a major part of their platform, nor is the Republican platform particularly against it. (On the topic of fiscal responsibility, most of the time they appear to be stuck in the old, rather incoherent anti-Communist propaganda modes. I doubt the majority of them have ever used the word "Keynesian".)

3. Quantitative Easing: ...you do realize that the Federal Reserve of the United States of America answers to neither Congress nor the President, right? They can do whatever the hell they want and no one can veto it. They were the ones responsible for the QEs, and they were run by a Republican [wikipedia.org] during all three QEs.

1) I said nothing about Bush Jr. What does he even have to do with the conversation?
2) You understand that not everyone worships at the Holy Altar of Keynes, right? 'Broken Windows' is bullshit of the highest order, a perfect credo to justify politicians spending money on their pet projects.
3) If you think Fed policy isn't guided by the general policies who sits in the Oval Office, you're kidding yourself. You know who appoints the Fed, right?

Comment Re:How is this different from arbitrage on the NYS (Score 1) 172

It can sometimes work that way, but there's no guarantee. If the buyer meets the sellers price, there's no one in between - the deal is done. But the moment that happens, the market is back to normal, with a gap between buyer and seller.

If the highest current outstanding bid (WTB) is $100, and the highest current outstanding ask (WTS) is $104, how's the bot going to make money - buy at 104 and sell at 100? No. The bot makes money when someone wants to sell "at market" the bot buys at 101, and the seller makes $1 more. Later, if the price hasn't moved, and someone is buying "at market", the bot may sell at 103, and the buyer saves $1.

Do you understand how this works? And why it's risky? If there's only 1 bot, it is reasonably safe, but it benefits both buyer and seller, so why complain. But there's usually more than one bot racing each other, so it's more like buy at 101.95 and sell at 102.05, which is great for the casual, small-time guy like me. I remember how it was last century, and it sucked.

Comment Re:How is this different from arbitrage on the NYS (Score 2) 172

If the bot goes overboard it will get stuck with an overpriced stock. That's always been the risk market makers take.

Front-running is illegal, bot or not. Without illegal front-running, bots just increase liquidity through competition with each other. Providing liquidity is the way that market makers make a profit - they buy when no one else is willing to, then later sell when no one else is willing to, and make a profit off the sporadic timing in thinner markets - but the result is a better price for "real" buyers and sellers.

Comment Why I watch in the cinema (Score 3) 309

Watching in the cinema is a completely different experience. Going out of the house and making a journey somewhere builds up the sense of occasion, especially when it's combined with a nice meal somewhere beforehand. Watching a film as part of a large audience is also a better experience than watching at home. Sure there are certain audiences that are annoyingly chatty, but for the most part I have a good experience with fellow film-goers. Watching as part of an audience helps you to pick up on things that you wouldn't notice otherwise. Also, the inability to pause means that you have to put your phone away and give the film your undivided attention. Watching at home leaves you prone to more distractions.

Comment Re:Another one to add to the list (Score 1) 23

Exactly how is that supposed to be offensive?

Yeah, my bad. I wrote that before I learned you're part of the silent majority.

Congrats on your long con, BTW. I can only imagine the patience it took you to keep it up. You can collect your scalp and fuck off back to Breitbart now.

Phew, glad that's over!

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