Live data from Hacker News

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

bbc.com

101–110 of 125 posts

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

#102
post #73

Earlier quoted context omitted.

There was a long concerted effort to disable all the accountability mechanisms. A massive failure across the board, at every level, in every party. Now that the entire justice system is broken, the American system is being dismantled and looted. 2024 was fatal. Enjoy the slide into the abyss.

I think we're realizing that the accountability was never there, prior presidents simply had a sense of dignity. Ultimately only congress and scotus can intervene. But America decided to vote in the January 6 guy and a congress that wouldn't serve as a check on his power.

Yeah, most of the vaunted "checks and balances" in the US constitution either come down to a gentlemen's agreement, or depend on either the nonexistence of political parties, or parties being crosscut by sectional loyalties that haven't really been a factor in US politics for over 100 years.

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

#104
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

Generally the SCOTUS majority seems to feel "It's ok if our president does it." when it it comes to most things.

The few times they disagree they let it stand (like tariffs) and allows the government to collect illegal taxes from the people, and then just shrug at the end with "well guess that was wrong"... and the citizens get nothing back.

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

#106
post #12

Every country gets the government it deserves. -- Joseph de Maistre, 1811

How do some third graders in Alabama deserve this? How do my 22-year-old waiter friends in rural Texas deserve this?

What exactly did they do to deserve this?

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

#107
post #104
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

Generally the SCOTUS majority seems to feel "It's ok if our president does it." when it it comes to most things. The few times they disagree they let it stand (like tariffs) and allows the government to collect illegal taxes from the people, and then just shrug at the end with "well guess that was wrong"... and the citizens get nothing back.

SCOTUS takes money from them -- it is to be expected

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

#108
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.

thats math bots reading trades and making best guesses.

probably detremental to the market as a whole but not fundamentally illegal -- they're just watching really, really, really closely.

DJT is selling access to stuff that he knows will move the market, and may only be done just to move the market. wholesale graft, and depending on who benefits, possibly treason.

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

#109
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

> It’s wild how banana republic level corrupt the US is all of a sudden. It’s wild how utterly predicable this was and yet it was the chosen path.

> ima tell you like Wu told me: cash rules everything around me, dollar dollar bill yall

been that way since Reagan

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

#110
post #35

Earlier quoted context omitted.

real danger of insider trading is that you can get jailed 20 years in the future for something you did today

Inshallah

yeah ima be doin hookers and blow for the next 20 years, they can jail my 78 year old ass

crypto means they'll never find the money either

Post reply on HN