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Comment Re:Install random delay (Score 1) 342

This is in fact a terrible idea if your goal is to prevent HFTs.

HFTs will just assume a 3.0s delay since they're making many trades very frequently.

But infrequent traders will have to assume a 5.0s delay because they don't trade enough to invoke the law of large numbers.

So in the end you give HFTs a 2.0s edge for no reason.

Comment Re:Won't work (Score 1) 342

HFTs are not front-running. Read this and educate yourself: http://clarkgaebel.com/you-are....

If you don't route your orders correctly, other traders can take advantage of that. Your trade becomes public knowledge when it is filled and other traders can take advantage of that information at other exchanges. There is no knowledge of the rest of your trade being sent to other exchanges, thus it isn't front running. It's basically just a good guess.

Comment Re:LOL (Score 1) 620

The feds could have transferred his BTC to another wallet. Your backups are of no use when the blockchain insists that those Bitcoins don't belong to you anymore. Correct me if my understanding of Bitcoin is wrong, please.

As for the hacking charge, I'm not sure - but you can read the court docs here - http://www1.icsi.berkeley.edu.nyud.net/~nweaver/UlbrichtCriminalComplaint.pdf. I still need to go through this myself so I won't comment on why there is a hacking charge.

Comment Too much management (Score 4, Insightful) 278

As a computer engineering student at the University of Waterloo, I have met many folks who have worked at BlackBerry. Their problem is that they have too much management and not enough development. The entire company consists of tiny teams being micro managed and not coordinating with other teams. They would have done better with large teams, with one very busy manager. This is how every other large and successful tech company I have worked for has been managed. This is the key here, in my opinion.

Comment Re: Die already Blackberry (Score 2) 120

I'm a student at the University of Waterloo. These people are brilliant professionals. Some other interesting tech company will take its place in Canada's technology sector and hire these people.

Also RIM is a management nightmare. The ratio of managers to designers is 1:3. That's no way to get things done. Let's have a better structured company take over.

Die BlackBerry! Die!

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