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- Claimed march BAT rewards on 2 devices. The first deposited into gemini immediately. The second is taking some time, don’t see it yet.
- https://dfinance.co/
- Aptos. 160k tps: https://medium.com/aptoslabs/block-stm-how-we-execute-over-160k-transactions-per-second-on-the-aptos-blockchain-3b003657e4ba.
- Sui. Hot potato, guaranteed-return flash loan: https://github.com/MystenLabs/sui/blob/main/sui_programmability/examples/defi/sources/FlashLender.move. The Receipt struct just has copy, so the only was to get rid of it (and successfully close a transaction) is the call repay() before it’s done.
- Watched Gambling Wall St. Comically inaccurate.
- Shorts are good for the market. Keeps overvalue and fraud in balance. It’s the second half of the tug-of-war.
- Robinhood wasn’t the only broker to halt GME. Multiple did.
- The coverage of Why (clearing houses) was about one sentence. The doc painted it active and manipulative.
- No differentiation of Citadel vs Citadel Securities, the actual market maker.
- No mention of slippage. “Market makers just take some of your money, you’re being shaved off the top.”
- Ultimately it comes down to hating the wealth (and the primitive emotion behind it, jealousy – which everyone feels). Hating, then finding reasons. Not finding reasons, then hating.
- It’s a profession. There’s a spectrum of skill. The professionals are at the top. The casual individual has less experience. This just happens to be the profession whose prowess is money, rather than tennis or software or medicine. If leaves were dollars then people would hate gardeners.
- Payment for order flow is legal for a reason. It’s also more efficient. It’s cheaper and faster when a brokerage can bundle and submit orders directly to the market maker.
- Hedge funds are the control. They stabilize the entire market, determining what the baseline should be and pushing the market toward that reality. This is done with fundamentals. They seek the true value of companies and profit by moving the actual value of companies toward that true value.
- This is not market manipulation, this is the bedrock of a healthy market.
- You know what sounds more like market manipulation? Sending a geriatric brick-and-mortar video game shop to the moon during a pandemic by short squeezing the positions held by firms you don’t like.
- Deviation from the fundamentals hurts everyone. Retail investors even more than institutions. If pharmaceutical companies were getting rich off a pill that cures a disease but was overpriced, should I create another pill that does nothing but is cheap and marketable in order to make a profit and stick my financial middle finger in the face of big pharm?
- A tender offer to existing shareholders does not have to be approved by the board. Poison pills are effective – basically the company offers shares at a discount to existing shareholders, diluting the ownership and making it harder / less attractive / more expensive to takeover.
