skysight-inc/HackerNews huggingface dataset:
The truth of the matter is that hedge funds and institutions are quietly the ones actually pumping these stocks. Reddit likes to paint a narrative that they are in control, but when their messiah has 50MM max of securities and options, meanwhile single trades are going through worth over 700MM, the narrative just doesn't make sense. This is a battle of Wall Street vs Wall Street with some retailers playing along as pawns. Most likely, starry eyed retailers are going to be the ones holding the bag when it all comes down because they're playing a game without even knowing who they're up against.

As for the shorts, Melvin and Citron are out but new shorters get in every day. The higher the price goes the more incentive there is to short. Most will probably lose money as the bubble inflates. But a few will make out like kings when it pops.
Person A, and leaves it at the broker. Person B borrows not from person A, but the broker who. Person C buys the stock and again leaves it in the same broker. In the database there is 10 shares to person A, -10 to person B, and 10 to C. If A wants his stock back, then the broker just takes the stock from the pool not from person B.

Since there are a lot of people with stock at the broker there is no problem to shuffle around, it is all the same stock and an entry in the computer.

This of course leads to the real issue: you can buy stock and not leave it with your broker. This has been done, but only rarely (and not in this case)
It's this false dynamic, as if the people working at funds don't browse the internet.
Dogecoin is ... Just _why_?

There's no limit on the number of coins. Mining is designed to be forever-easy. The coin is _designed_ for rapid deflation.

Why are people treating it as anything other than the joke it was intended to be?
Two books that I might recommend for others that are interested are:

Trading and Exchanges: Market Microstructure for Practitioners (cost of this on Amazon seems to have more than doubled since I bought it 11 years ago)

Algorithmic Trading and DMA: An introduction to direct access trading strategies
related HN discussion https://news.ycombinator.com/item?id=25940240
Byron's rc. https://github.com/rakitzis/rc

Sane quoting eliminates and a lack of recursive expansion make ssh a breeze.

Pattern matching, backquote status, and pipe status simplification are all incredibly easy to get right.

C-like syntax for blocks means nested hierarchies are easy to understand and to write correctly.

Simple small binary, doesn't require readline and can be built for almost every architecture and OS.
Ask HN: Moderna vs. Astra vs. J&J vs. etc.
I appreciate the daily press briefings now.

I appreciate J&J being honest with 72% effectiveness and it doesn't require a deep freeze and is only 1 shot.

I don't like the... obscurity of the information?

If / when (i'm 40, male, living in the USA) I can get the vaccine:
-- Can I choose which vaccine I get?
-- If I got the J&J how do I know if I got lucky and i'm protected vs the 28% that it's not effective in?

We're not making foot cremes or a new weight loss drug or etc... This is a pandemic that is costing the world trillions in dollars. The biggest question I have is - why are we not taking the best drug (sounds like Moderna?) making them share the recipe and Astra and J&J just producing that drug and helping distro it? Not saying the formula should be open source of free (the rest should pay for it 1 way or another) but we should go with the best drug, not 3 choices as it stands?
The other argument is mass - most of the sensor could bury itself in the mass for safety.

Yes on trajectory, but no on same trajectory, with same mass. Of course, this might be a moot point, because other than hiding from some radiation and micro-scoping impacts, as well as leaching resources (which we aren't really advanced enough to do), there is no benefit.
That's the point. If we received some kind of undeniable evidence that it was alien technology we would have three parallel 'Contact' level operations underway to go get it.

As a mystery object we might finally get someone to develop a mission based on a science objective once some of the technology has been sufficiently developed.
It seems like Robinhood, when it stopped trading on GME, decided to literally transfer money from the WSB retail traders to the funds who were short on the stock. But if Robinhood needed to halt trading in order to just survive as a brokerage, (and could demonstrate so), would that justify its behavior? Does anyone know more about laws and regulations concerning brokerages here?
All robinhood accounts are by default margin accounts: https://robinhood.com/us/en/support/articles/robinhood-accou....
One thing that reference capabilities allow you to do is pass data between actors without copying. Erlang is very eager in copying almost everything you put in a message to a process (with the expection of big binaries, etc).

Whether this is has a big impact on running systems remains to be seen, Erlang is very good at quickly collecting data.

Another thing that I would say Pony has that Erlang doesn't is an easy FFI mechanism. You can write NIFs for Erlang, but in my experience writing native code or wrapping C libraries has been much easier in Pony.
I can do that for half the price by skipping the first $50 and starting with tall tales in the pub.
Join Us in Miami Love, Masters of the Universe
A lot of this is about Google, not Facebook. Why are we talking about Facebook.
Yes, I'm aware of that. Do we actually want to rerun 2008 again, though? Are people expecting it to have a different, better outcome and not a different, worse outcome or just the bailout again?

The hedge funds aren't structurally important. Brokerages start to be. Retail banks definitely are.
> you are obligated to "find" shares to borrow

Unless you know... you just dont. Or you are big enough to have an exception.

Whats the punishment?, how will they find you? (you dont need to disclose shorts)
The bike can not bust poachers anywhere, the bike is simply a vehicle. Poachers are busted by other humans. So the challenge is getting the good guys to where the bad guys are, in time and in force. Does an extremely expensive bike achieve this cost-effectively? Why not use a fleet of drones to target your search and then use much cheaper gas-powered vehicles to head straight to the target? Why not spend the tens of thousands on lobbying governments to bust up marketplaces where the wares are sold: killing demand should kill the supply too.
It's because "ze nerds" have rebuilt multiple industries that were "too hard to understand", because they work bottom-up, from first principles and reject gatekeepers. They 've even created an entire substitute version of the 'conomy which currently most people are mocking, but soon will be using daily.
You probably noticed that I didn’t really object to any content in the article or your comment. It was all about the way you created an incorrect analogy to make fun of the article.

Don’t do that.
> if debuggers took less time to start than a full "add print -> recompile -> relaunch app" cycle as is my experience with C++, they would certainly get more use.

This is a really good point - programmers seem to prefer making "dead"/batch-processing programs over "living", interactive, persistent systems (according to Steve Yegge's definition of those[1]).

This style, in addition to being very Unix-y, also lends itself really well to printf debugging - you just add printfs, recompile, and re-run.

I build "live" programs, and make heavy use of the debugger - although that might be because of tight integration of my debugger with the rest of my tools - although that might be because other users of this language tend to prefer the live style and build their tools to adapt.

[1] http://steve-yegge.blogspot.com/2007/01/pinocchio-problem.ht...
How real is “Cancel Culture”?
I believe the statements were worded in such a way to try to make people believe that the short squeeze was no longer in play, but the short interest in fact never changed and maybe even went up. I believe they were also worded in a way to be technically correct (for example if they had multiple short positions, e.g. naked short calls, if they "closed their short position" that could mean they chose their smallest/cheapest short position to close and it would be technically correct).

The data doesn't back up the broader (and presumably intended) interpretation of their statements.

In my (inexpert) opinion THAT is the definition of market manipulation.
Conflicting doesn't mean that one, or both, opinions are wrong. There is more than solution to every problem.
You could stipulate, though, that the outstanding short position mustn't exceed the net position, or equivalently that the total long positions can't exceed twice the net position. Why not? (This would require new regulation, but not be impossible, I think.)

If the total long or short positions exceed the underlying economics by a lot, you create all sort of weird incentives for manipulation, as can be seen in the CDS market sometimes.
sometimes they go in packs together with "blanks" so that in total they provide similar voltage as 3xAA
I guess that definition of zombie makes sense, but of course any definition based on numbers will give you some false positives.

Well I'm not normally a massive fan of his either. But he does have something here. I don't doubt that airlines will exist in the future, but why exactly must it be the same ones that exist now? The planes and the pilots will still be around, but why should they be run by the same companies? You could ask the same about many crisis era firms, they do something that should survive, but why should they survive? Why shouldn't there be some replacement, and why should the public prevent it? Doesn't this reduce opportunitie for newcomers?
The police chief in Detroit said their facial recognition system had a 4% success rate. Presumably this means that 96% of the time they were targeting someone with absolutely no relation to the actual crime. What a complete waste of time and disregard for our civil liberties.

https://arstechnica.com/tech-policy/2020/06/detroit-police-c...
They say “early access”. Can anyone speak to its current stability/issues?
>It seems like Robinhood, when it stopped trading on GME, decided to literally transfer money from the WSB retail traders to the funds who were short on the stock.

what?
It's in our tag line. But what OO means varies from person to person. There's no set definition of it.

Pony features classes and actors are like classes that can receive asynchronous messages.

However, unlike some OO, there's no inheritance.
Unlike a lot of other OO there's a heavy emphasis on asynchronous messaging.

I wouldn't use "OO background" as an indicator of what might make Pony harder to learn. I think the key parts are experience with rigorous type systems and experience with concurrency. Without a background in those, your path to learning Pony will be harder than the path for someone who is already familiar with them.
why is this a PDF? Sure for portability or to make it seem like 'official' 'whitepaper' etc....but geez, put it on a website with an added download c'mon
Suppression, no; but choosing priorities carries an element of ethical responsibility. You can choose to dedicate your time towards improving chemical weapons or towards improving harvest yields. Better chemical weapons will likely come about anyway, but why hasten their arrival?
Qualified immunity, a doctrine made up out of whole cloth by the courts, means that cops often can’t be prosecuted or even sued for the most egregious of conduct.

Qualified immunity has nothing to do with criminal liability, it is a civil affirmative defense and a sound one. Essentially, it provides personal protection for ordinary negligence. When an employee at Pottery Barn drops a plate, we don't deduct it from their paycheck. If we did, no one would work there.
They specify "options in GameStop or AMC" but if you have margin on any instruments or options which are at risk of being assigned you will also get margin called.
I've seen "severe" be measured by oxygen saturation; some people are able to manage severe COVID at home.

Some people have to, because there simply isn't any hospital in their area with space for them.
These are 2 different things

(1) Credit risk - this is what you describe

(2) Counterparty risk - this is collateral. This is different.

The 2 are interlinked insofar that the counterparty (2) may react to the perceived credit risk (1) , however these are 2 separate risks at play.

**
To go back to the milkman, the correct analogy would be:

Your son wants milk. You go to the farmer's market - but you can't hand over cash to farmer. Remember, his milk is spoiling, there's a huge line to buy, and he just doesn't have time to count bills, square exact change, or screen for potential fake bills. He only accepts bank transfers, and you dont have a bank acct. So you buy milk on credit, and agree to settle when he's not too busy (as you have always done).

Now, the farmer has been noticing you are buying a lot of milk for your son, and the empty milk bottles you left with him on deposit ("float") are not sufficient to carry all the milk you are buying....so he's now asking for many more bottles, which are expensive. He refuses cash collateral - he will only take more bottles, because he's concerned about all the cash you seem to be handling recently.

You don't have extra cash of your own, for bottles. You can't commingle funds. So therefore, you stop taking milk requests from son...and the other 10M children
I always thought Reddit started as a response to people replying without reading the article. It was I, I "read it". Of course now if for children to complain about their parents and boyfriends, but it used to be great.

I would love a site like, I read it.com where you would be encouraged to write a short question about the article that needed to be anawered before being able to comment.
Let's say you are buying an option contract on an exchange. You don't know who is selling to you and whether they can actually pay you when the time comes. In order to solve this issue, intermediates act as a guarantor of all transactions allowing investors to treat each seller the same. This lets investors only care about price instead of "who".

I am not an expert, I only have very surface knowledge and don't know the exact chain of intermediaries for each market but I know one such guarantor is the Chicago mercantile exchange.

https://www.cmegroup.com/clearing/risk-management.html
Show HN: VR Website Folio Neon Space Force
so here's is what no one has been waiting for: part 2 of my VR website, ready for your oculus! handmade pixels and tunes included. thanks for clicking. cheers /rtz23
It's the same hustle. I've been clicking through some of the usernames that are posting.

I've been noticing some interesting patterns. Accounts that seem to have been abandoned for months or years are commenting all of a sudden.

Makes me think some of these very similar looking frantic lunatic posts are part manufactured.

It'll take a good effort to show it conclusively
iPhone app privacy labels are a great idea, except when Apple lets them deceive
So what do you store it on then if not your own server?

External drives in a safe?

Also: Houses do sometimes get broken into too, but most of us still prefer to live in one.
Which NICs would you recommend for me to buy for testing at least 1x100 Gbps (ideally 200 Gbps?) networking between this machine (PCIe 4.0) and an Intel Xeon one that I have with PCIe 3.0. Don't want to spend much money, so the cards don't need to be too enterprisey, just fast.

And - do such cards even allow direct "cross" connection without a switch in between?
Signal adding stickers also made a massive difference. Fun factor is underrated. But the snappiness of Telegram UI is truly next level.
Thank you. I've managed to go forty years without hearing that one. Now that I know the next level meaning, I'm still confused about what is being referenced.
Yeah, it’s a real shame that’s there is only one ISP in the whole world. If there was at least one more, maybe Pirate Bay wouldn’t have been killed in 2006.
It's a highly regulated industry. Brokers can't just take actions. Perhaps they hit some regulatory corner case and nobody knows how the SEC is going to react.
As I wrote in my example, this intent based method works for a big advertiser which is making a mass market product; but say someone producing a niche artisan knitting needle which only say 1 in 100 people who are interested in knitting needles will be interested in, would benefit from targeted advertisement. Otherwise, they would end up spending a lot of money on ad space not worth bidding for.

A nitpick, the advertiser is not collecting and getting PII. FB the ad platform, owns and controls that data.
Unsolved mystery of Russia's missing hikers may have finally been cracked
Any Connection with Quantum Theory? Difference Between Major Vedanta Philosophy
Anyone know the judgement rules behind the interesting parts of Pony's type system? I'm about to crack the dissertation to see what's up but would love a concise description.

https://www.ponylang.io/media/papers/a_prinicipled_design_of...
> In reality there is probably very little truth to this.

The whole premise of your argument is based on ‘probably’
Part of it may be the same reason that developers love to rewrite code: all creative works over a certain age accumulate compromises, and newcomers don't understand the reason for those compromises. So a new set of designers, like a new set of developers, feel compelled to "rationalise" what they've inherited.

Sometimes they succeed, and build a much more logical information architecture... but many times the new design succumbs to the same entropy that that the original one did.
It is aimed at the people who shut down buying GME, then tried to create a downward trend at unusual low volumes to try to scare the wallstreet bets crowed into abandoning their positions in GME to allow short positions to recoup their gigantic losses.

It failed mind you. The shorts are still bleeding and the GME hold is continuing though just at a slightly reduced price.

Retail investors who have bought GME can afford to wait out the antics of hedge funds, but those funds are on borrowed time to try to turn the loss of a century into some kind of win, or they are done for good. Ask yourself, who do you think is trailing the borders of legality? A teen who goes “hmm GME at 100$? Sure why not, I’ll take 10” or the hedgefond manager calling all his friends to stop trading because his fund is going bankrupt on a stupid bet he made that he would have gotten away with if it wasn’t for those meddling kids.
Now price this in terms of AWS and marvel at the markup
Want to Get Out Alive? Follow the Ants
Why would you short when you can buy a put option?
Historically, even societies that disallowed usary still needed financiers - they would just hunt them down and kill them when it came time to pay the piper.

Not even attempts at communism have survived removing dynamic markets.
Not sure I really buy this explanation...sounds just like more speculation. Anyway, just posting here as the story is fascinating. There is a documentary on this that is worth watching.
Ask HN: Alternatives to HN?
I've noticed an influx of new users in the last year, and an influx of a different type of user on this site.

The quality of posts, questions, and comments is at an all time low in my opinion.

Has anyone found similar online communities that are of consistently high quality?
Thanks, will do in a future article! I could share the disks out via NFS or iSCSI or something and hammer them from a remote machine...
Because if people are going to start playing these games they need to do the bare minimum of research. Their money is literally on the line.
Show HN: Has Elon Changed his Twitter bio? – toy project
Public transportation.

Events and opportunities to socialize.

Even if I have a family one day, I still would want my kids to take language classes , etc.

I hate driving ( particularly when commuting), so a town wouldn't really work.
See my other answer to the sibling comment.
> And while Robinhood has not come out directly

So you were speculating on robinhood reason.

> The same director noted that the SI%, according to their way of calculation, is actually at 55%

Thanks, I'll check that out, weird since there are contradicting stories likely due to that short positions are not disclosed.
Yesterday premarket when Robinhood announced the cessation of trading in these ultra volatile stocks, was there a deep analysis of what led them to that decision? A measured consideration of why they might do that?

Of course not. Immediately a false narrative was created that citadel forced them to do it under threat that they would stop their order flow. Had any politician or public
figure merely suggested we let the CEO of Robinhood explain the decision, they would’ve been dragged by the Twitter mob. Just look at how Steve Cohen, Lee Cooperman and John Fortt were shamed for raising what I believed to be perfectly legitimate questions. But nobody is interested in legitimate questions when it’s hive mind mob rule which is what always takes hold in a bubble. In fact the vilification of naysayers is one of the tell tale signs of a speculative bubble.

To answer the last question who are the speculators here, shorts or wsbers? Both. But what I’m talking about are the speculators who are simply buying this up with the expectation they will make huge gains like deep fucking value. They can say all they want about how they don’t care about potential losses and this is something bigger. Total nonsense. Let’s see who gets blamed and who plays the victim if we get a crash.

It’s an interesting world when Mark Cuban and chamath palyhapitia can be portrayed as champions of the little guy when they have made billions of dollars at their expense. Chamath takes a SPAC public every Tuesday. Who do we think are buying these up? Warren Buffett? Didn’t Cuban make his fortune selling a worthless business to Yahoo? These guys are using this entire thing to build their own popularity.
The narrative doesn't matter. It's a PR problem. Lots of people wanted to buy GME, then RH suddenly cut them off, offered no reasonable explanation, and then their CEO went on the news to just spew some content-free noise. Sure, there were reasons behind this ban, perhaps good reasons - but they weren't explained by RH, and RH to this moment didn't even admit to the cause of the problem.

Sounds like solid ground for loss of user trust to me.

See also: https://news.ycombinator.com/item?id=25957097.
Applying radical honesty in every area of my life. From business, to relationships, to friendships.

It takes years to be able to do it while working through all your bullshit and I'm still not perfect at it but then it saves so much time and you get what you actually want in life.
It's a valid concern, but ultimately, a diversity of online spaces more closely matches the real world. The types of conversations which are acceptable at your workplace, your gym, your favorite bar, and your political party's local action committee will all be different, but there's enough cross-pollination that democracy seems to have always worked.

From where I'm standing, the rise of Facebook et al's recommendation algorithms seems to have been far more effective at creating echo chambers. And importantly, these algorithms only really work if they have a wealth of potential content to recommend—ie, if the social network is absolutely massive!
The factorio development blog is one of the best development blogs out there
Cool Automation Techniques for FinTech Apps