It's almost as if the made up nonsense of the stock market isn't propped up by anything real.
Boomers complain about youngsters wasting all their time playing pointless video games or fucking around on their phone and then turn around and do all this fake nonsense. At least video games are fun.
And if my actions in a game cause chaos, it's much more limited to a silly little game world, rather than ruining innocent lives IRL.
It seems all these glitches happen when a particular stock is halted. Whats the pattern here?
The pattern is they're making shit up.
Also, speaking from professional IT experience, there is no such thing as a glitch. (There always are things that occur and to be analysed and fixed, but the more critical the data is or the transactions are, the more robust things are built/done.)
"Glitch" is just the layman's catch-all term for a problem.
Like “hacking.” The vast majority of breaches are accomplished by password acquisition or social engineering. Why try to break 128-bit AES encryption when I can see your dog’s name on every instagram post? The user is most commonly the weakest point in security.
Thought a glitch is when a graphical interface bugs with artifacts and such.
Especially by these "laymen", which in fnancials absolutely know what they are doing.
Things definitely go wrong in production all the lmao, even critical systems can fail
Of course they do.
By bugs (self or dependency), negligence, wrong setup or architecture, for example.
Ook ook mutha fucka!
Sell me all the frozen orange juice futures yall got!
Ironically, this would net them huge profit right now with the global shortage of orange juice happening.
If only we could see more of what happened to them in Coming to America happen to other traders...
Yeah, but they end up getting a bailout from a rich unknown benefactor.
classic
Maybe they're scrambling to do something with GME because of DFV's post yesterday. lol
I really like the idea of random people causing chaos in the stock market. Fuggit I've got nothing to lose.
They’ve covered those calls they sold him, right?
That glitch that discounts stock prices by a percentage?! What? Does that block of the code normally only discount a stock by a percentage under different circumstances?
You can invoke it with "speaker of the house" privileges.
I read somewhere that Berkshire Hathaway HFT algorithm was to blame for the "glitch".
HFT should be banned. If we're going to keep up this illusion of a stock market, at least make humans do it.
I saw this hacking movie before…
Wrong people lost money, it ain't no thing tho, they undid them trades today...
Clown fucking markets
That's no glitch
But it ain't no lie, baby
BUY BUY BUY!
News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.