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Trump Media to sell instant access to 'market-moving' social posts

bbc.com

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Re: Trump Media to sell instant access to 'market-moving' social posts

#81

Post by Tadpole9181 »

lostlogin wrote: post #22
podgorniy wrote: post #14

The epstein-guest-pedo-leader of the "claim-to-be-leader-nation" monetize billion in crypto, poorly chineese manufactured phone and sells access to own market-manipulation-intended-texts. It's so much bad stuff that poor people don't even know how to start battling with it... The music on this sinking ship will keep playing till the very end. It's a decline. There is no observable way up from this point.

> There is no observable way up from this point. The mid terms?

Trump fired all members of the Election Assistance Commission this week. His head of the USPS confirmed they have a proposed rule to not deliver mail-in ballots in select states. Last night, as we approach midterms, Trump gave a speech saying US elections are illegitimate and only he can fix it (by controlling the voting machines and who gets to vote).

I'm really sorry, but it really does look like we may have had our last actual election already.

Re: Trump Media to sell instant access to 'market-moving' social posts

#82

Post by inigyou »

antisthenes wrote: post #77
inigyou wrote: post #56

Earlier quoted context omitted.

Literally the reason people voted for Hitler was that the German economy was in the shitter and he promised to fix it, with promises that made no sense, similar to Trump's.

As always, uneducated ignorant people make life hell for everyone else. In order for a democracy to function, you need people that are able to evaluate political promises as bullshit or not. If you believe nonsense from grifters, you get either what you described or the current US admin. Or Brexit. I'm sure there are more examples of this in history.

That's why the right wing always defunds the education system everywhere it gets power, right?

Re: Trump Media to sell instant access to 'market-moving' social posts

#83

Post by bathtub365 »

Havoc wrote: post #18

Yet if the average corporate person does insider trading it comes with a prison sentence not pricing. It’s wild how banana republic level corrupt the US is all of a sudden. Really went from 0 to 100 in months

The algorithmic trading firms were already doing this via scraping. What I’m curious about is if they’re going to also impose a slight delay between when posts show up in the API vs when they’re posted on the website.

Re: Trump Media to sell instant access to 'market-moving' social posts

#84

Post by podgorniy »

lostlogin wrote: post #22
podgorniy wrote: post #14

The epstein-guest-pedo-leader of the "claim-to-be-leader-nation" monetize billion in crypto, poorly chineese manufactured phone and sells access to own market-manipulation-intended-texts. It's so much bad stuff that poor people don't even know how to start battling with it... The music on this sinking ship will keep playing till the very end. It's a decline. There is no observable way up from this point.

> There is no observable way up from this point. The mid terms?

two aspects

1. The situation I imply is way broader: it includes corporate favoritism, epstein files people not getting cosequences, cricular investment of the hyperscalers, illusion of AI boom where the president is just a cherry on top. Swap the cherries, and next ones will keep doing what current ones showed is possible and brings no consequences. Add money-printing, war which can't be won, debt growth etc etc. So yes, I don't see good way up from this point. Even with completely midterms lost by trump supporters the major block of problems stays on the table.

2. The mid terms may not result in trump weakening. There are number of scenarios where trump's team/supportes keep major control or even expand it (emergency powers, military or federal interference, or good old intimidation).

Re: Trump Media to sell instant access to 'market-moving' social posts

#86

Post by halJordan »

Havoc wrote: post #18

Yet if the average corporate person does insider trading it comes with a prison sentence not pricing. It’s wild how banana republic level corrupt the US is all of a sudden. Really went from 0 to 100 in months

Definitely not 0->100

Remember companies go bankrupt. Slowly then all of the sudden.

We're in a problem that was made by the Bushs, Clintons, Obama & Biden. And Trump. Those who went before them. And of course the voters who put them in power.

Re: Trump Media to sell instant access to 'market-moving' social posts

#87

Post by hakunin »

bestouff wrote: post #27
Havoc wrote: post #18

Yet if the average corporate person does insider trading it comes with a prison sentence not pricing. It’s wild how banana republic level corrupt the US is all of a sudden. Really went from 0 to 100 in months

30 to 100 maybe

The difference between a million and a billion is a billion. It's basically 0 to 100.

Re: Trump Media to sell instant access to 'market-moving' social posts

#90

Post by tenthirtyam »

pjc50 wrote: post #24
Havoc wrote: post #18

Yet if the average corporate person does insider trading it comes with a prison sentence not pricing. It’s wild how banana republic level corrupt the US is all of a sudden. Really went from 0 to 100 in months

Does raise the question of whether this also comes with free immunity from prosecution, or whether the NYAG should just pre-emptively say that anyone signing up for this and trading on the results will be prosecuted under NY state law. (Critical to the whole thing is unfortunately https://en.wikipedia.org/wiki/Prosecution_of_Donald_Trump_in... , where the judge inexplicably decided to waive sentencing for a felony co…

Well, maybe information that is for sale on the open market to anybody that's willing to pay is no longer considered 'insider' information? i.e. trader Jane Doe can't complain that trader John Doe has this info - she could have it too if she wanted.

(edit: not defending this, I find it to be deplorable and disgraces the office of president.)

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