skysight-inc/HackerNews huggingface dataset:
If I understand it correctly, RH is making funds available for trading right away, rather than making users wait until T+2 to be able to reinvest those funds. They can't instantly unilaterally change their policies to make users wait until T+2 to reinvest those funds. If you jump into and out of a 10k USD position 5 times today, that eats into almost 50k of RH's collateral with clearing houses for the next 2 days. A very small number of stocks probably account for a vast vast majority of this rapid flipping on their platform, so preventing expanding positions in that small number of names gets rid of the vast majority of the problem. Also, the most volatile stocks have the highest margin requirements, doubly compounding the issues with GME trading.

Or, maybe I'm misunderstanding the issue. Maybe it's fully due to the higher clearing house margin requirements for the higher volatility stocks.
It's okay, Biden's press secretary assured us that this was perfectly legit and that Ms. Yellen had earned the money.

I didn't see any CNN fact checkers or "lie counters" weighing in on it, so we should be fine.
Lots of little ones would scale. And lots of jobs. It worked before...
What's the logic behind economic activity leading to inflation? That seems very counterintuitive. From that equation, if you were to look at the extreme and print a ton of money and have zero usage there would no inflation. I would think the opposite would be true.
I can't wait for inevitable Billions episode about Gamestop. Dollar Bill is probably going to lose it :)
> no one would dare given the powers that be who were backing it

But now that it has been done once, more people will be interested in these opportunities in the future. Quoting from Iron Man 2: If you could make God bleed, people would cease to believe in him. There will be blood in the water, the sharks will come.
> Humor me for a second - what happens the the (unlikely event) they ALL hold until it hits $10,000, and the "infinity squeeze" really does happen?

At some point, you can't squeeze infinite money out of short sellers. In theory, if they're still short when the price passes a threshold higher than their margin limits, they'll get margin called and forced to sell. If the brokers and clearing houses didn't get the risk math right, they'll have to cover some of the difference. This is part of why RH had to pay (a lot) extra into collateral pools just to trade GME at all today. I don't exactly know which parties bear the risk in extreme scenarios.

Practically speaking, if they suspect a squeeze is happening they'll start competing against each other to get order fills. If they all set sell limits at $10K, they risk losing out to someone who sets their sell at $9999. That person risks losing out to someone who sells at $9800, and so on down the line. Again, there isn't actually infinite money to be extracted from the system, so it becomes a competition to sell before your WSB peers.

Even worse, the subreddit will be full of posts about "buy the dip" and "diamond hands" that encourage the naive players to not exit the trade. This creates more room for savvy players to get their sells in before the situation resolves and the price comes crashing back down. Again, it's a race to the bottom.

Sadly, much of the profit going to WSBers will come not from hedge funds, but from other WSBers who think they're "buying the dip" or front-running a short squeeze when in reality they're just buying shares from other WSBers.
Guilt/censorship by association: your group, or ability to post, can be shut down by something someone else entirely did.

We desperately need to abandon centralized platforms. Continuing to donate content to them will never rid us of them.
Why don’t total assets matter here? JP Morgan has 3 trillion under management. Also the valuation of FB is based on it being a going concern whose business has very little to do with manipulation of financial markets.
I actually mis-spoke. I meant to say "inflation has yet to respond".

Interest rates is the manipulated variable, inflation is the observed.

Appreciate you catching that.
> "But they're really really actually super-duper truly totally bad!" isn't a valid argument, since many, many people can use it and they will.

It is absurdity to make the claim that, since anyone can say anything, no meaningful concept of objectivity can exist. Interesting how often it recurs in "free speech at any cost" argumentation.
If that is the case the way it supposed to happen is a directive from regulator body(SEC maybe) should go out saying stop trading of this shares. Lack of regulations and no word on why certain shares are not tradable isn't acceptable and you can't blame people from making their own theories.
The article mentions the official ggplot book, which previously existed only in dead tree form. Now, however, a new edition is available online: http://ggplot2-book.org/
I use the app daily and it was still deleted
Just post the neg review again...
I’m honestly just curious how they managed to get a KVM based solution working on MacOS ARM64. Buildah and few other dependencies appeared to be Linux only... but the brew install worked..
And the cleaner collected many such books, from various monks, in his trash bag, until eventually he had enough books to start a reasonably large fire, burning the park down, his cat enjoying the heat from the fire
Few different options, ITOS- https://itos.gsfc.nasa.gov/itos-capabilities.php

AMMOS is a suite of reusable tools for missions: https://ammos.nasa.gov/
D pure functions can always allocate memory via the GC.

If you don't want to use the GC it is customary to use a pure wrapper around malloc (even though you theoretically shouldn't, it works fine in practice).

https://dlang.org/library/core/memory/pure_malloc.html

https://run.dlang.io/is/xB0Qeu this RPN calculator (the one I wrote for the dlang.org page but ungolfed) is pure and checked as such by the compiler. It's also referentially transparent because "in" means the input parameter is constant and can't escape (and thread local fyi).
>lord knows what happens if this gets messed up

Citi accidentally paid back a $900 million loan they weren't supposed to. The recipients mocked them and refused to give it back.

https://dealbreaker.com/2020/11/citi-revlon-messages
Higher taxes on income, dividends, and realized gains incentivize money being reinvested in the business instead of distributed to shareholders. If taking money out of a company creates taxable income, stockholders have an extra reason to press companies to find ways they can use that money to increase value instead.

Basically, an extra incentive for companies to hire more people and do more research instead of do things like
stock buybacks.
Stop being "less smart". Robinhood's clients are/is a hedge fund manager, Citadel Securities - Robinhood’s largest customer, which tried to bail out Melvin Capital which got bankrupted in the short squeeze on GME. Unless you've lived under a rock you should know by now how Robinhood is making the money.
Google is a company and not obligated to let anybody post any kind of review on their platform. This is a non-issue. Whoever doesn't like can build their own play store, android os, and smartphone. No need to whine.
Welcome to capitalism, friend. Customers should be holding businesses accountable.
Yup. If I had my holdings at a brokerage that suddenly decided to restrict trading that was previously allowed, without some sort of law change or lawful order from the SEC (presumably something that would apply to all brokerages), I would immediately transfer all my assets out. Doesn't even matter if their restriction didn't affect me at the time. I would not want to give my business to a company that would do that.
*discovery for laymen
The firms engaging in HFT have that collateral, and are usually hooked directly into multiple exchanges.
Having used 3270 terminal for time registration many years ago. And it was 1000 times better and faster than all the web apps that followed. So I can confirm this.
Betting the only real reason for an ASIC, not a microcontroller, is to make it harder to clone -- presuming the MEMS bit is no different from generic.
Looks like I was wrong. All private windows and tabs belong to the same temporary container sharing cookies. Temporary Containers remedy this.

[1]: https://medium.com/@stoically/enhance-your-privacy-in-firefo...
My best explanation for the Robinhood trade restrictions
Please, all laptops have a limit on how much RAM you can put into them, even if they physically can handle more. My old thinkpad maxes out at 8gb, even though I could change the stick to a 16 or 32gb.

I don't want to repair my device. I don't want to upgrade my RAM, I want websites, OS and apps not to bloat. There is no reason that Facebook and Twitter don't load instantly and are extremely snappy other than that they can.

If you want upgradeable machines, buy a desktop. You gave up most of the upgradeabliity when you brought a laptop.
Lol, this wasn’t the first bad President, this was the first openly lawless president since Andrew Jackson.
There is a regulatory framework, enforced by the SEC, that prevents firms from collaborating on trades in attempts to manipulate stock prices.

When an army of retail investors openly collaborate on messaging platforms to manipulate a stock's price, essentially a crowd-sourced "pump and dump," it falls under SEC enforcement. A retail investor can still be prosecuted for violating SEC regulations, such as using insider information, when trading.

This is yet another example of unintended consequences with regards to social media and its power to concentrate misinformation and incite mob behavior. I'm sure the vast majority of the people on Robinhood trading up Gamestop (GME) have no idea of the potential legal harm they may be exposed to, not to mention financial harm, even though the T&C's they signed on opening their accounts (especially margin accounts) almost certainly spelled out those risks.

Robinhood business model is the canary in the coal mine.
CPI has been kept down because of electronics and other manufactured goods like automobiles, things like healthcare, college education and textbooks and real estate have increased dramatically.
Oh I guess it's a new trend then :)
One Curie is the radiation of a gram of radium. In 1957 this place emitted millions of curies. Not counting before or after.

Damned interesting: [https://www.damninteresting.com/in-soviet-russia-lake-contam...]

Chelyabinsk (that one) is nearby.
[https://web.archive.org/web/20140204004304/http://wentz.net/...]
My point is related to the general consensus of HN over the past few weeks giving a pass to companies (Twitter/AWS/Facebook/etc) for taking extreme partisan political actions (e.g. banning Trump from Twitter, shutting down Parlor, etc).

The generic response was "if you don't like how they handled it, you can build your own platform". So now I'm gauging if that statement still holds when the situation doesn't cut across political lines...i.e. why is no one saying "if you don't like it, go build your own Google/Robinhood".

I think the answer is that since it's no longer a partisan-political issue, HN wants to treat the situation differently and forget what they said over the past few weeks.
Citadel > Melvin Capital

Citadel > Robinhood
Covid Fear Opens You Up to Misinformation
Maybe the plan is to give local governments which are prone to ransomware attacks with a source of Bitcoin.
VirtuSig by Cancel Tek
Comments moved to https://news.ycombinator.com/item?id=25951390.
Wallstreetbets on Telegram
I like this comment. I am going to buy and hold this comment forever. lolz

Your comment sounds similar to the explanation from the mouth of Interactive Brokers chairman and founder Thomas Peterffy [1]. His comments are based on a broader concern beyond just Robinhood.

I think a lot of people don't understand what I can only describe as the physics of the system. Like a utility, there is only so many electrons that can get pumped through the system from generators through the transmission system, through substation and distribution networks to your house. It is big and powerful, but if there is an unplanned for event that draws too much power it doesn't matter how much generation you have, the system just can't take it. Substation will pop, power will go out if not isolated.

Robinhood is small player that could never have planned for this type of event and likely doesn't want this. Most retail shops likely don't have the sophistication to handle an event like this.

[1]https://youtu.be/7RH4XKP55fM
They will likely lose a lot of their users. The users were never the customers - not even the gold ones.
This is insane, not enough words to describe what can happen when you are not on the side of the money
If Robinhood couldn't meet their collateral obligations then they should have just gone into default/bankruptcy. They absolutely should not be allowed to make market manipulation decisions that bail themselves out.
Don't put all of your eggs in the same basket.

I have no clue how anyone, especially edge funds, could get majorly impacted by just one stock moving the wrong way.

I have stocks in my portfolio that move 25 to 50% the wrong way almost everyday and I still get about 1% overall gain daily in this bull market (which is probably not great in this economy).
Why the hell would iRobot have 40% short interest? I love my iRobot. I swear to you if they make these things talk or take commands like Siri iRobot will be the ultimate consumer electronic item.
they suck.
How would short selling cause a company's next quarterly earnings to be disappointing?
It's also hard to believe that their margin based algorithm doesn't have parameters that can be tuned easily. It's not the first time that a single stock has crazy volatility and speculation.
Most Popular JavaScript Resources in 2021
Robin hood is done. Potentially thousands and thousands of dollars could have been lost. Maybe it was a liquidity issue, who knows, but not even giving your customers some sort of warning that they would block purchasing? Completely unacceptable.
Yes, but I don't want this temporary state to get too comfortable because it's not the desired solution:

https://news.ycombinator.com/item?id=24042165

https://news.ycombinator.com/item?id=25065663

https://news.ycombinator.com/item?id=25087113

https://news.ycombinator.com/item?id=25383091

https://news.ycombinator.com/item?id=25710620 (thanks tzs!)

"Every large post" is an exaggeration, of course—I probably do this on fewer than 10% of the paginated threads.
I’ve read this article twice now and it feels like confused word soup with no clear statements of the intended differences, specifically none of the statements about the order of state vs behavior validation are intelligible to me. I have read them multiple times and just feel (a) frustrated and (b) a mock and a stub are really the same idea with nothing more than occasional conventional differences that amount to semantic hair-splitting with no material consequence or need for articles to be written about the platonic difference.
I'm old enough to remember people saying the exact same thing in 1999. The four most dangerous words in investing are: "This time is different"
I don't think they were the first. I think TDA for example restricted people from buying GME the day before.
Yes. My home country consists of relaxed people(Actually all of Mediterranean countries have this). I sometimes justify decrease rate in our currency against Dollar is the right thing. But all of loved ones of mine suffer from it, and I feel bad :(
You choose what to import. Anyway: in case you turn on backup on let's say WhatsApp - it is uploaded to cloud storage and it's not encrypted too. So as a migration solution this one is great, but in case you need to stay it e2e - you just don't use this function.
How naive you are...the market is rigged against you. Few big boys own(literally)the market. Some crazy retailers tried to switch the places but as we've seen yesterday it's hard to stand up to all of them billionaires, brokers, market makers, hedge funds, billionaires owning brokers and clearing houses as well working against you.
You want to know what it looks like is happening now though? It looks like these peeps are weaponizing the sub to their own benefit in the name of "sticking it to the man". Everything about this smacks of a massive, crowd sourced "market manipulation" under the guise of righteousness.

All the people screaming "YOLO I can't care if I lose X" seem to be missing the fact that their money isn't "lost"; it is ending up in the pockets of a few at their expense.
It influences the direction of the stock price perhaps, but why the fundamentals?
What's wrong with that excerpt? How would you improve it?
I don't even really get all the anger directed just at Robinhood. Apex clearing, which clears for virtually every other new age trading platform (and back in the day RH) also halted these stocks.

I'm not sure of the biz aspect of this, but given the criticism RH historically got for pay-for-flow schemes (even while they were using Apex) I would assume it was RH which got the market-flow kickbacks - not Apex. So it's safe to assume that's how it still works today.
Yet, Apex also halted orders for these tickers. This goes to show you the very real risk these types of retail clearing companies are facing in this market. So, I'm not absolving RH just saying they might have some real reason to have paused.

All this also shows you "there is nowhere to hide". There will always be somewhere somecompany which will put its perceived viability or PR before "sacrificing" for their loyal customers. Especially, given the fact that most of these platforms just one company for clearing anyhow.
Facebook exists because the boomers are there and the boomers don’t like change, once they die off (and ig degenerates into what FB is) the monopoly is gonna start to topple
Im interviewing for a new job next week, taking tomorrow off to study. current job one wants to ship product without people, not vision, just for the sake of showing management new thing and get promoted absolutely insane. Will spend the time with my son and my wife, probably take my son to the farm to see some horses
I did something similar for a web app at work and the people on the floor really liked it. It was mich faster than trying to mouse to things, especially when half of their task is scanning barcodes anyway.
While I agree in some ways... let me ask you, how do you know you are on the “right” side of any mask or Covid or vax debate? You get your news from the same places “the people who are wrong” do.

It’s a thought experiment; not an implication.
WeWork in Talks to Combine with SPAC or Raise Money Privately
I don't think the issue is text based or non text based. In my opinion, the problem is TOOL versus ASSISTANT. A tool is easy to understand and does one thing, an Assistant is more hand waving, tries to guess what you "really" want, steers you away from error and lures you into something.
The basic principle of practical systems theory states, that you can’t remove complexity, you can merely transform it into a form of complexity you are more or less capable of handling. Libraries are hugely complex nowadays. Did a test a while back: from zero to a rudimentary web service with Spring on took ~2 days, with go (lacking any previous experience with the language) it was a few hours.
Can Biden Be the Climate President?
Climate change is a $26 trillion business opportunity and can mean 65 million new jobs. How is it all going to work?
The hedge funds have to pay them, when they go out of business the brokerages are on the hook. Realistically the govt will bail them out or change the rules of the game.
This is the best explanation I've seen for what may be the relatively innocent reason RH had to halt opening new positions in the meme stonks.

Of course, it immediately raises the question, "why didn't they just say this is what happened?" but they would not be the first broker in history that preferred lying to admitting they had liquidity issues.
Didn't Robinhood's competitors do the same thing, more or less? Why does this kill Robinhood and not E-Trade?
Ask HN: How is DOGE different from BTC (up 800%+ today)?
I'm struggling to see how BTC, DOGE, and the many other cryptocurrencies out there are going to distinguish themselves from each other over time. Other than the name (and the currently accepted "value" of the coin), it doesn't seem as though, to the lay investor/user of the currency, there is any true difference.

Today's insane 800%+ increase in DOGE scares me into thinking that most of the folks I know who have been working in today's version of cryptocurrencies are literally building the equivalent of giant ponzi schemes (I should know -- I unintentionally ran one at one point in my life).

So... your thoughts?
> "At a moment of rampant disinformation and conspiracy theories juiced by algorithms, we can no longer turn a blind eye to a theory of technology that says all engagement is good and the longer the better"

I wonder who he is referring to by "we". Shareholders? MBAs?
Because you don't get 10 or 100x leverage like hft guys get.
This platform is far from an impartial place. People need to remember the reason this site exists...
That would be nice but it is impossible because to actually commit some money I have to go through 2FA involving the bank app on my phone and enter one or two other secrets on the bank website. This is Italy and probably most of EU since the last year.

I understand this is for the safety of my money, probably also for the safety of the bank itself (if something goes wrong it's more and more my fault) but sending money to someone is becoming a PITA.
>That data is not subject to HIPAA regulations.

You can be HIPAA compliant and on Google servers.

https://cloud.google.com/security/compliance/hipaa/
I don't use Robinhood myself, so I could be mistaken or confused about something, but their documentation specifically describes Instant as a margin account. (https://robinhood.com/us/en/support/articles/robinhood-accou...)
They did disallow at least some buys. Including buy to close.
I haven't changed my mind.
If I had a feature I wanted to put in, I would just fork your project and add it, right? Then your project (presumably with out that feature) would be competing with mine, but each time you added another release I can just merge it into mine, but you won't do that?

If so, don't you see yourself getting outcompeteted by forks?
Just move to Matrix already...

https://matrix.org/clients/
This is a generic follow-up post rather than one that adds significant new information (SNI). Those aren't great submissions when there's a MOT (Major Ongoing Topic), because it will just produce the same generic discussion that's happening over and over: https://news.ycombinator.com/item?id=25933543. Better to wait for SNI.

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...

https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...

This approach goes back to the Great Snowden Snow-In of 2013, and has served HN well since then.

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...
I never mentioned no sides so I'm not following you here; but to answer to your argument even if the government gets control of FB and decides to silence some group I support (e.g. homosexuals) and therefore I disagree with such decision I still would prefer that control of a main communication platform to be in hands of the government and not random executives, in such case my focus (and people's) would be to have a less homophobic government where at least my vote counts and not some random execs that I have no minor influence upon.