It was mentioned in this thread and quickly flagged, but Israel broke the ceasefire today by attacking civilians in Lebanon so Iran closed the straight. It was open prior to the ceasefire violation. France's Macron actually just commented on this: https://x.com/EmmanuelMacron/status/2041990505760772551
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Show HN: Is Hormuz open yet?
101–110 of 224 posts
Re: Show HN: Is Hormuz open yet?
#102This is a nice overview, but please remove the PolyMarket indicator. It is an obscene prediction mechanism as it creates horrible financial incentives to a war situation. Its degenerate effects have been featured here before. [1] Let's not condone "measurements" that are effectively ways for people to gain money on important political decisions, affecting the lives of many people. (1) https://news.ycombinator.com/ite…
By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.
Re: Show HN: Is Hormuz open yet?
#103Earlier quoted context omitted.
The capability is very real. And they don't have to sink the ship, just one Shahed drone exploding on the deck and injuring/killing a sailor is deterrence enough.
The Shahed drone is a 'set it and forget it' device where you program a stationary target and launch it. It would not work well for moving targets, like ships.
The Iranians are quite handy at modifying their drones....
Re: Show HN: Is Hormuz open yet?
#104Earlier quoted context omitted.
By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.
Oil futures or any other commodity purchase that doesn't result in the buyer taking actual physical ownership of what they purchase is an obscene gambling market with perverse incentives yes correct.
Re: Show HN: Is Hormuz open yet?
#105Earlier quoted context omitted.
> "obscene" And yet, it is the wisdom of the crowds. The crowds being obscene. Aren't we all constantly hitting re-fresh for updates, and making predictions. The prediction markets are just consolidating that 'desire'.
Putting bounties on people's heads and public lynchings are the wisdom of crowds and its obscenity in action.
Running Man was a prediction, coming true.
Re: Show HN: Is Hormuz open yet?
#106This is a nice overview, but please remove the PolyMarket indicator. It is an obscene prediction mechanism as it creates horrible financial incentives to a war situation. Its degenerate effects have been featured here before. [1] Let's not condone "measurements" that are effectively ways for people to gain money on important political decisions, affecting the lives of many people. (1) https://news.ycombinator.com/ite…
By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.
Re: Show HN: Is Hormuz open yet?
#107Earlier quoted context omitted.
By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.
Oil futures or any other commodity purchase that doesn't result in the buyer taking actual physical ownership of what they purchase is an obscene gambling market with perverse incentives yes correct.
Re: Show HN: Is Hormuz open yet?
#108This is a nice overview, but please remove the PolyMarket indicator. It is an obscene prediction mechanism as it creates horrible financial incentives to a war situation. Its degenerate effects have been featured here before. [1] Let's not condone "measurements" that are effectively ways for people to gain money on important political decisions, affecting the lives of many people. (1) https://news.ycombinator.com/ite…
By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.
Re: Show HN: Is Hormuz open yet?
#109Earlier quoted context omitted.
Oil futures or any other commodity purchase that doesn't result in the buyer taking actual physical ownership of what they purchase is an obscene gambling market with perverse incentives yes correct.
How will commodity producers (oil companies, farmers) hedge their risk / stabilize their prices without speculators and their “perverse incentives”?
Re: Show HN: Is Hormuz open yet?
#110This is a nice overview, but please remove the PolyMarket indicator. It is an obscene prediction mechanism as it creates horrible financial incentives to a war situation. Its degenerate effects have been featured here before. [1] Let's not condone "measurements" that are effectively ways for people to gain money on important political decisions, affecting the lives of many people. (1) https://news.ycombinator.com/ite…
this law literally make it illegal to gamble on marine risk that you do not have direct economic interest in