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Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

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Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#151

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

Just go to 4chan /biz/ for crypto or reddit's wsb for stocks. The idea that you still need to pay 25k$ for a communication software in 2021 is absurd. Check my comment history, bought lots of link in 2017 because everyone was buying it on /biz/, posted about it once here and got criticized for it by someone because it's 4chan etc... and people will only listen to you if you have an expensive suite and watch on, even…

It’s about who you know and the quality of info haha, do what you want

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#153

Without level 2 data trading is just trying your luck on a random number generator.

There's lots of short-term trading strategies that can work without L2 data. I know 2 people running short term strategies making 7 figures consistently who don't rely on L2. It's a dogma in certain high frequency trading firms that L2 is necessary for profitable edge (since that's a core part of their edge). That said, most profitable short term traders do rely on L2.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#154
post #146

Earlier quoted context omitted.

> This has that too, it's called "reddit" If you receive a Bloomberg message from someone, it's something actionable. That's not true, in finance, of virtually any other electronic communication channel.

Can you give some examples? Do you mean it's highly trustworthy?

He's just saying the high cost acts as an inbound filter.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#155

Earlier quoted context omitted.

You can trade shares of companies from all around the world on US stock exchange.

You can trade global depository receipts* of companies from all around the world.

That's what money is.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#156

If you like stocks and are careful with the way you spend your money, you know how much time goes into buying shares of a stock. It’s tedious and I don’t have 24k for a Bloomberg terminal. Which led me to the idea during xmas break to spend the time creating my own terminal. I introduce you to “Gamestonk Terminal” (probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh). In summary, the…

Wrap it in a SaaS and dummies like me will buy it! Make a mill!

He should accept GME stock as payment medium. 10 stocks per year

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#157

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

This has that too, it's called "reddit"

Reddit isn't people who have made at least a 25k investment in a terminal communicating under their real name and job title. That's worth something.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#158
post #146

Earlier quoted context omitted.

Can you give some examples? Do you mean it's highly trustworthy?

He's just saying the high cost acts as an inbound filter.

Spamfilter prior to HashCash based on Proof of Income

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#159
post #69

Earlier quoted context omitted.

Coding against a library is usually understood to result in creating something that's a derivative work of that library.

The act of linking against a library produces a derivative work of that library. But since APIs are not copyrightable (in europe, at least), the act of using an API does not produce a derivative work, and thus code which uses an API is not bound to any particular license wrt it.

There is a pretty clear line between using an API and using the code behind it.

The line between an API and code describing and documenting that API is quite fine. See Google vs Oracle.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#160
post #147

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

Sometimes I casually flash my B-Unit around or pretend to check the time on it just to let everyone know I have a subscription. Other times I will go out of my way to send emails from the terminal just so others get a glance at my @bloomberg.net email address. I also have people send me stuff to the email if it's someone I haven't met before. The Bloomberg Terminal is well worth it for these two perks. It's much bett…

I honestly can't tell if this is a parody or not
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