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User: bmxeroh

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Comments · 111

  1. Re:This reminds me of... on Come Try Out Slashdot's New Design (In Beta) · · Score: 1

    You deserve a mod. My first thought was "metro". Also do we really need huge pictures that have nothing to do with the story borrowed from Flikr? Here's a fun exercise, open up Yahoo in one tab, and the new beta in another.

  2. Huge payday! on Google's Scanning of Gmail To Deliver Ads May Violate Federal Wiretap Laws · · Score: 1

    I for one, am looking forward to my check for $0.23 as restitution for these atrocities. I still have a check for a dollar something on my fridge from the last class action I was apparently a part in. I think I'm just going to start collecting them.

  3. Re: Should be a tax on every transaction on Flash Mobs of Trading Robots Coalescing To Rule Markets · · Score: 1

    Thanks for the legwork on this. I think at this point, the entire thing is so hugely complex that no one, including the SEC, is fully aware of how it all works. This provides ample opportunity for nefarious yet highly intelligent people to work the system to their advantage. HFT has gotten a lot of heat lately, but I think it's mostly because of some of the recent flash crashes more than anything. Imagine what's happening on a smaller scale that doesn't cause the market to crash when it goes wrong. There are a lot of comments in this story that are defending the entire sector as if anyone that suggests something is awry is some conspiracy theorist nut job, but I feel like there is entirely too much money involved for it not to be infested with leeches and swindlers.

  4. Re: Should be a tax on every transaction on Flash Mobs of Trading Robots Coalescing To Rule Markets · · Score: 1

    I'm not saying it's bad in any way. It's simple business. I also didn't mean for anyone to take the scenario above as real. I don't understand the inner workings of the current system, and I really doubt anyone fully does, but I was trying to paint a picture of how HFT could be used as sort of an invisible broker to siphon money off of a transaction that they otherwise wouldn't have been involved in, using their superior reaction time as an advantage. It wouldn't really be wrong per se, and in that case no one would really realize they paid more than they should/could have, but it maybe comes off as a little shady to most people.

  5. Re: Should be a tax on every transaction on Flash Mobs of Trading Robots Coalescing To Rule Markets · · Score: 1

    That makes sense, I was more trying to posit a "what-if" more than anything, the whole system is more complicated than my limited understanding. Truth be told, I think this is more of a perception issue. Because of the efficiency and speed of these algos and a general misunderstanding of how it all works due to the extreme complexity of it all, it certainly appears at first glance there is some cheating going on somewhere. This perception of course is not helped when someone actually is caught cheating or doing something shady. The only thing that really worries me about HFT is that it seems like when it goes wrong, it goes very wrong and has a broad effect on the market.

  6. Re: Should be a tax on every transaction on Flash Mobs of Trading Robots Coalescing To Rule Markets · · Score: 2

    I'm going to play devils advocate here for a minute. You are right that everyone can see the buy and sell orders. The key is that in extremely high frequency trading, they can REACT to these buy and sell orders faster than anyone else. So I can see it being somewhat possible. Consider the following scenario. There are 10 sell orders for $10 dollars, and 10 buy orders for market price. It takes a minute for a buyer to be matched up with a seller organically, and in the meantime the HFT algos buy up all of the $10 sell positions and immediately put new sell orders out for $10.50. Now the original buyer purchases those stocks for $10.50 rather than $10, the original sellers got what they wanted, the HFT guys made money, and the person that wasn't smart enough to set a limit order got screwed 50 cents a share and doesn't know the difference.

    Admittedly, I'm talking out of my ass hence the devils advocate qualifier, but these are very, very large markets with lots of players and lots of middle-men so I could see plenty of room for this to happen on this level. I already made note of this happening (and is known to happen for real) on very large orders being placed by investment firms, so I don't see why it couldn't happen with smaller orders if they are fast enough. In reality, it's just simply arbitrage.

  7. Re:Should be a tax on every transaction on Flash Mobs of Trading Robots Coalescing To Rule Markets · · Score: 3, Interesting

    No, what the poster above is referring to is a form of arbitrage. Admittedly, it doesn't sound like the average person is affected by this so much as large block orders placed by big companies, but it absolutely happens. The issue is that these very large orders take a significant amount of time to complete, and the HFT algos have plenty of time to see what is happening, buy up a position and sell it as the price is going up due to the large purchase. It's not about large profits, remember this is High Frequency Trading, so all they have to do is take advantage of very small price differences a gazillion times a day to turn a hefty profit.

  8. Re:homer simpson makes level 3's all the time on New Radioactive Water Leak At Fukushima: 300 Tons and Growing · · Score: 1

    DOH!

  9. Re:Is It Just Me? on International Climate Panel Cites Near Certainty On Warming · · Score: 2

    Reading comprehension. His point was that lots of pollution HAS been cleaned up (in this case in local rivers) WITHOUT ruining economies, simply by enacting basic laws and actually enforcing them.

  10. Re:LOL. on Bradley Manning Says He's Sorry · · Score: 1

    Absolutely not. You seem to be conveniently ignoring the fact the he was ACQUITTED of aiding the enemy. This means that he did not do such a thing, no matter how much you want to bend the facts to make it appear so. Simply making something available on the internet that can be accessed by anyone, even if it includes "the enemy" has been demonstrably proven to not be "aiding the enemy".

      “knowingly harbors or protects or gives intelligence to, or communicates or corresponds with or holds any intercourse with the enemy, either directly or indirectly.”
    That is the definition as per Article 104 of the UCMJ, and is what he was charged with. Take a moment to think about the words, and what they mean. The question isn't "did he release information that then became available to the countries enemies?". The question is, "Did he give intelligence to the enemy, either directly or indirectly?", and the answer was "No, giving information to Wikileaks does not mean that he gave information to the enemy, even if Wikileaks then made it available to the public at large."

  11. Re:What would happen on HBO Asks Google To Take Down "Infringing" VLC Media Player · · Score: 1

    Step 4. Profit!

    Or maybe you'd get smacked down hard.

  12. Re:just now? on Keyless Remote Entry For Cars May Have Been Cracked · · Score: 1

    I heard in fact that it was a GUI interface in VB that allowed them to crack this.

  13. Re:Half life of DNA is 521 years... on Scientists Recover Wooly Mammoth Blood · · Score: 3, Funny

    Maybe in this case we can use an elephant? The last thing I want is an elephant sized creature that can grab things at a distance with its tongue at blindingly fast speed. Not to mention could you imagine how high/far it could jump? It would be terrifying.

  14. Re:Marijuana? on Possible Graphene Alternative Made From Hemp Waste · · Score: 1

    And you have to give your self cancer and ride your tumor around...Which is only slightly worse but still.

  15. Re:Parasites on UN Says: Why Not Eat More Insects? · · Score: 1

    Well, I was considering trying them until this comment....

  16. Re:4k for games? on High End Graphics Cards Tested At 4K Resolutions · · Score: 1

    We'll definitely check them out. We're starting to move towards offering the electronics as well, mostly for the sake of convenience cause I can tell you we don't make crap on them. Not that it's really a secret that the margin on TV's is super low. We look at them more or less as a loss leader.

    That's usually the story we hear about the 3d enabled sets. The stores push them so hard, to the point that out of 50 sets on the floor, only a handful ARE NOT 3D. I keep praying that they will just go away.

    I don't think the 4k itself will bother people, since it's just an increase in resolution, but to your point about seeing the Hobbit in 48FPS, it will be all the weird, gimmicky visual effects that bother folks. And you can bet that since the MFG's are so reluctant to let go of 3D, they'll find more stupid effects to make the experience that much more unpleasant.

  17. Re:4k for games? on High End Graphics Cards Tested At 4K Resolutions · · Score: 1

    That makes sense with folks in apartments. I think 4k may have some modicum of a chance if the price drops to sane levels. Right now, even the people that always have to have the newest shiny toy can't afford them. I see a lot of 3d sets/smart tvs, but it's more because it's really difficult to find just a simple TV anymore, than because anyone really wants it. Last TV I bought for myself I was all over the place to find just a TV. I don't think it's justified to pay an extra $300-500 just to do all the things my PS3 can do, and for 3D that doesn't even work for me because of my eyes.

  18. Re:4k for games? on High End Graphics Cards Tested At 4K Resolutions · · Score: 1

    I'm with you on price, until these things come way down, you will see these sets pretty much never. That being said, any cable we pull through the wall supports 4k, just in case someone wants to upgrade some day. I find it curious that you mention 40-42 inch sets, generally everything we put on the wall is 50" or larger with folks moving to projection if they want to go really, really big (100" + big). Usually the 40 inch sets are in the bedroom.

    <shameless_plug> The site in my sig has some photos of some of the large sets we've mounted. They look fantastic. And we're awesome. Seriously. Like we completely blow every other Central Ohio installer out of the water on price and customer service. It's what we do. </shameless_plug>

  19. Re:Hahahahahahahaha Muahaha on The Amazon Rainforest Wants Its TLD Back From Amazon.com · · Score: 1

    I hate this new TLD crap. It's such an obvious scam from ICANN it makes my head feel like it's going to explode. More importantly, how often do you visit specific parts of a site without hitting the main site first? Very rarely do I use (or remember) a sub-domain when I'm typing an address into the address bar, with very few exceptions (maps.google or images.google come to mind). I'm just simply not going to ever type movies-tv-dvd-bluray.amazon nor remember that it's lLinkGNAV_Movies_Movies.Walmart if I'm comparing the two.

  20. Too little, too late? on New Skype Malware Uses Victims' Machines To Mine Bitcoins · · Score: 1

    This seems a few years late. It's so ungodly difficult to mine now that average Joe's infected computer just isn't going to manage to mine anything. Sure you may get lucky and get this installed on a few super high end machines, but last I heard it's getting hard to even do it with high end gpu's. Now, had this happened at the beginning of bitcoin (and I'm sure it did), the author would have actually stood a chance to make some money here.

  21. Re:Inter-node communication on Ask Slashdot: Building a Cheap Computing Cluster? · · Score: 2

    I think the point was that they had made a typo in saying "slow latency" and really meant to type "low". But thanks for explaining exactly what they didn't mean.

  22. Re:Welcome to Capitalism on Ron Paul Asks UN For Help Geting Control of RonPaul.com Domain From Fans · · Score: 2

    Michael Bolton? Did i get it right? I can't believe you misplaced the decimal point.

  23. Re:Interview this guy for Slashdot on Ask Slashdot: Gifts For a 90-Year-Old, Tech-Savvy Dad? · · Score: 5, Insightful

    Seriously good idea. One of the things that stuck me when my grandfather died was just how much knowledge was lost. That probably bothered me more than him actually dying, but mostly because we knew it was coming.

  24. Re:same thing I always tell others on Ask Slashdot: Gifts For a 90-Year-Old, Tech-Savvy Dad? · · Score: 1

    I really feel that this should at least be modded up funny at a minimum.

  25. Re:Gimme a 3D photo copier on 3D Printer Round-Up: Cube 3D, Up! Mini, and Solidoodle · · Score: 1

    Creepy...Are they anatomically correct?