Why do people constantly have to re-invent the wheel? :( Freenet [0] has been providing censorship-resistant, anonymous, decentralized hosting for 20 years - and is still in active development! You could upload it to Freenet without any server whatsoever and it would stay online for as long as it is popular, even if your machine goes offline. And you'd be anonymous while doing so! [0] https://en.wikipedia.org/wiki/Fr…
Is it really anonymous? How does it compare to Tor and i2p?
The short version: Freenet has better anonoyminity properties than tor/i2p at the cost of scaling poorly and only supporting static documents instead of interactive (tcp) servers.
ya sure, i get it .... but he took a bet and won, He could have easily lost everything. For every winner in the options game there are probably 99 losers. It's call survivorship bias.
He could have lost 50k, his initial investment, and considering he's young, and has a house, this would not represent ruin for him.
What makes WSB legal vs emails about imminent pump on an unspectacular stock? What stops somebody from purchasing aged reddit accounts and then pumping up, upvoting their own threads?
nothing. I'm in the social media business and I can tell you it's very easy to make 5 figures/month gaming reddit(as an individual operation) using farmed accounts and it's been going on for years. Not necessarily with stock schemes. they got next to none security when it comes to stuff like this. agency that I worked at a few years ago literally had thousands of aged reddit/twitter accounts in their portfolio. there…
Except for the individual operation part, this sounds like a Fake Like Factory [0]
> militant activism via buying stock as a means to sticking it to the man. > beginning of another stock market crash Hmm sounds like it's working then.. Going off of the resentment against the 'elites' in wsb comments to the tune of "I started broke and I'll go broke again but if the rich go broke..."
But it’s no longer effecting just the rich. It’s working people with pensions and 401ks... and this better not mess up the decade long sweet bull market for a handful of millionaires.
I'm not without sympathy for them, but I also think it would be good if people stopped allocating their retirements towards "money tricks on Wall-Street" and instead found ways to put it towards creating a world worth retiring in.
> The overall market is stressed, things are getting weird and I would not be surprised if this is the beginning of another stock market crash. GME short interest was still greater 100% of shares outstanding as of 1pm 1/29 (S3 Shortsight numbers). If forced to cover, short holders will have to liquidate other assets. Could those liquidations force more liquidations in a positive feedback loop? Hopefully no, but certa…
Yes, exactly. When a hedge fund is getting its face ripped off because its shorts are up 50 - 200%, it will liquidate its longs to cover. The rotational dynamics of many funds doing that at once can drive the price down on traditionally stable stocks that everyone owns. In a worst case scenario that could trigger a massive selloff which would crash the market. This is compounded by the fact that funds will defensivel…
If people know why the hedge funds are selling other positions (to cover shorts) I don't see that triggering a crash, more likely a buying opportunity.
Crashes happen when everybody starts selling and nobody knows why, so they sell even more.
> it's crushing a few hedge funds that happened to hold short positions in a few stocks You haven't noticed that the big three indexes are DOWN ~2% today? They were down 2% when this first took off. [If you want to split hairs...go for it but...the correlation is very strong, news cycles are soaking it up and the White House talks about monitoring the situation. This is not a light matter] This is bigger than just a…
Yes indeed. The stock market has dropped to levels not seen since...early January. The economy is truly crippled!
> The economy is truly crippled!
Great, I love the sarcasm! Can you please help push RH and other brokers to allow the unbridled buying of the current stocks being restricted? Then we can really put the theories to the test.
>However as they're both communication networks they do not provide censorship-resistance. The endpoints you're connecting to are central servers and can be taken down. Can you elaborate on this? This reads as essentially false to my understanding. If by endpoints you mean 'relays', those are not 'central servers'. If you mean directory authorities, then yes, those are centralized. With that said, I'm still not sure…
> Can you elaborate on this? This reads as essentially false to my understanding. No, it's not false AFAIK :) By 'endpoint' I mean what an address on those networks actually *addresses*. Both a Tor-address (a .onion hostname, or a regular web address if you use Tor to access one), and an I2P-address, are essentially similar to an IP-address in terms of being the address of a *machine*. They are anonymized, but the da…
The wording can be a little confusing, because i believe in tor when people talk about censorship resistance they mean censorship of the whole network - e.g. blocking all the entry nodes, trying to find bridges and blocking them, which is a different type of censorship. I imagine freenet is just as vulnerable to that, and i would imagine that is an easier thing for powerful entities to do than to push GB of data into the tor network for an extended period of time to hopefully knock out a single hidden service.
On wsb u/deepfuckingvalue showed he still holds 50,000 shares and 500 deep ITM call options. He has secured a profit of $13.8 million dollars, and his remaining open position is valued at $45 million. I would caution people to not quickly fall into the "if he's still in, I'm still in" meme. He has secured a $14 million bag, regardless if the stock goes to zero he's already secured a life changing amount of money, he…
They are. That’s what collateral, broker risk management, and (if the broker fails) DTCC is for, to derisk counterparty failure risk. Someone is paying up.
This is as I understood it. There is a lot of misinformation from folks who believe to understand the entire situation from all players' perspective. I am not able to comprehend the situation well enough. If anyone has seen a good non-biased write up on what has happened so far and what may happen, I would love to see it.
I feel that I learnt something from this twitter thread.
Really helps discredit this notion of retail vs hedge fund. Most people who frequently make “DD” posts to r/wsb have ties to the financial industry and Wall Street. They either work there or have worked there. And yet they are critical of the Man? This is like ex-Facebook employees having a found-Jesus moment.
I worked at a hedge fund as my first job on the IT and Dev side. I will never put my money in a hedge fund. Just the way they spend money to boost the sense of self importance, etc. is nauseating. I once Fedex-ed a ream of printer paper from NYC to a partner on vacation in Miami because he was too entitled to drive to the nearest office supply store. I literally found a store like 10 minutes away but was told to just…
Honestly, though, why would you? VITAX is safe money, 20% YoY for 10 years.