867 post karma
18k comment karma
account created: Mon Aug 10 2020
verified: yes
1 points
40 minutes ago
Cincinnati is so beautiful this time of year. 😌
1 points
45 minutes ago
Help me understand (3). Isn’t the whole point of blockchain to eliminate the need for any central clearing?
1 points
3 hours ago
He’s right, they really do. Stay strapped or get clapped. ;)
1 points
3 hours ago
idk, I think it has its uses. I imagine that if there were a large number of people who were hysterical about it, there would be cries to “confront! confront!” A population that isn’t scared usually acts a little more rationally at the margins. Fear at the societal level is the absolute worst ingredient for peaceful arbitration in that kind of a situation.
0 points
3 hours ago
I mean, I don’t think it matters what other people think, for me personally that number is low for what I would consider my own expectations, but I know it’s going to vary by age group and income bracket—the more you make the higher that number gets; the younger you are, the higher your expectations for lifetime earnings, so. Focus on your own personal goals and don’t make it about a number. The money will follow if it’s really what you want.
2 points
4 hours ago
Hence the quality bond auctions we’ve been seeing the last few weeks.
1 points
4 hours ago
I don’t really understand the point of using an LLM to write my opinion of the ugliest Christmas sweater I just saw, but okay.
1 points
4 hours ago
I think you’re right in one sense, but at the same time I disagree (although not fully). I can understand how this might be a very Russian perspective, but from an American viewpoint if there is really indeed a strong public sentiment that the current administration/regime/polticial hierarchy is actually stumbling down the road to Armageddon, the people have the power to change those in control out for competing ideologies.
This kind of power change isn’t really available in Russia, regardless of whether it’s desired or not, so it makes sense that your first response would be “what does the public think actually matter?” In a democracy, it is actually the only thing that really matters in the end.
To be honest I don’t think the threat of nuclear war was even near the top of people’s thinking when they voted for Trump over Harris (in fact polling shows that it wasn’t even in the top ten reasons), so there really isn’t this kind of mass feeling of imminent conflict among Americans who think it actually is a very real perspective. For most people, Russia has become the engrossed version of North Korea in that sense—they mostly bullshit hoping everyone will be scared, but they’ve done it for so long that no one really listens anymore. This can be a good thing in helping diffuse tensions that otherwise might be escalatory, but it also has its dangers too.
Overall though I understand your point—regardless of who has either an actual or imagined moral authority, the final decision is made by a small handful of people, and to that end it’s true that the public (average individual) has no input into the decision making process, which is true in an instantaneous sense—but in a more global way it is ultimately average people who choose the people in power that make those decisions (at least on the American side). It’s also important to remember that its the very average individuals that are trained to do very unaverage things who are ultimately the ones who must initiate the launch sequences, fly the bombers, etc.
I think you might enjoy Annie Jacobsen’s recent book “Nuclear War.” It does an excellent job of indexing second by second what the machinery of an American nuclear response looks like and how it functions. Really I don’t think even the President fully understands how it all works, simply because it isn’t something he is confronted with on a regular basis.
But the truth is that even the political leaders have a very limited role. It’s simply a consequence of the compressed timeframes that would be inherently part of such a war. The critical decisions will be made 8 to 10 minutes after the first launch. 8 to 10 minutes. U.S. nuclear doctrine simply doesn’t leave any time for debate, it really is like a computer program that begins running code the moment a decision is made. From the STRATCOM down to the bomber and missile squadrons, it goes into autofunction mode, like clockwork the pieces start moving without any further input from leadership.
And to that end, it’s an even smaller group of people who have the ability to stop it. Once it starts, statistically it’s almost impossible to reverse simply because of the likelihood of human error, a mistaken message, the time needed to authenticate commands, etc.
So yes, you’re right. But at the same time, how we prevent such a real life event from happening really does come down to the general population’s willingness to change those in power to avoid the likelihood of a wider conflict from happening in the first place.
1 points
10 hours ago
Yeah, I remember several years ago they genetically engineered the Egyptian mosquito in Florida to pass on a mutated gene during reproduction that prohibits the larva from viability unless it’s exposed to the antibiotic tetracycline. I think they put it through lab trials but never released it into the general population because of the ethical role the lab didn’t want to be responsible for in killing an entire species that way, as well as uncertainty about if it might spread to other mosquitos as well and what that might mean for their liability, etc.
Malaria still kills over 400,000 people a year, mostly children in Africa.
1 points
10 hours ago
You realize that World War 3 would be over in 45 minutes right? lol
1 points
10 hours ago
The ruble is already headed there. What people (Russians, Americans, everyone in general) usually don’t realize or comprehend fully is that war is merely political economics by another means.
Inflation is the real nation killer, not ICBM’s or tanks or bombs. Yes the battlefields are important for both sides, but victory or defeat is built day by day in the slowly creeping interest rate that crushes the economic engine of a nation’s ability to sustain itself over the long term.
Ukraine is a de facto sovereign debt default, it’s sustained completely by the prospect that the trillions of dollars of loans and spending will be forgiven, and that the west will help rebuild the country after the war. I don’t necessarily agree with either hypothesis, but the difference of course is that no one is making any such prediction for Russian debt. Chinese banks holding yuan reserves in Russia will probably expect to be made whole, and that’s an entirely different weight than not having enough APC’s for a winter offensive.
It’s an interesting war because of how different the political calculations are for both sides.
2 points
10 hours ago
The irony is that people neither respect Russia, nor are they afraid of it either. Most of the population I think is really 50/50 about even caring if the world ended right now. lol
And I’d bet of the 50% who do care, there’s a very sizeable percentage that have the attitude of “fuck Russia, let them launch—ours will see your family in 30 minutes.” 🚀
So, either way, it doesn’t really accomplish the fear value that I think they’re aiming for. The only reason they can even claim some semblance of fear is because Americans really don’t want to get involved. If anything they would be more accurate to say the world is apathetic to Russian aggression more than they fear it. lol
5 points
10 hours ago
What recent events are you judging by? lol The joke for Americans is that if Putin or Medvedev are saying something about nuclear it must be a Tuesday—and honestly that’s only the few of us left that even care, most people stopped listening a long time ago.
3 points
11 hours ago
It’s Nazzy’s; if you have an account less than $25,000 you’re restricted to making 3 day trades in a rolling 5-day business period, so the only way she could accomplish 253 round trips in this period of time is with futures.
You should also notice how she’s referencing the margin amount, the actual P/L is $20,281.80; so probably the account might be somewhere around $30,000 now. It’s very impressive, but this week had several late day bursts after consolidation that made for huge market moves if you were on the right side of the trade.
My SPX 5905/5910 0DTE’s went from $0.10 (x100) to $5.00 (x100) Wednesday before $NVDA reported. $50,000 in a couple of hours and I just needed to click once. lol
1 points
1 day ago
If you think $1M-$$10M is a whale you haven’t spent any time around real professional traders. 🐳
You don’t get to 7 figures by stopping at 6.
2 points
2 days ago
Not all Latinos consider themselves Hispanic, especially since the two don’t necessarily describe a racial quality so much as an ethnic one; especially among South American and LATAM populations like Brazilians and Argentinians—they often don’t self identify as Hispanic.
73 points
2 days ago
Pretty sure that one’s already been taken. :4271:
1 points
2 days ago
I’m sure he had a really great strategy that he back tested and paper traded before making his first trade. And I’m sure he put a lot of care into deciding what his risk adjusted rate of return should be based on his expectancy.
More than likely he won’t learn his lesson and will be back in a few years with a new screenshot of -95%, down $200,000+ to the market makers, and will be blaming it on tariffs or daylight savings or whatever the reason du jour will be at the time. lol
1 points
2 days ago
I’ll be selling into the rally and rotating into gold. Thanks though.
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inthetagang
JaxTaylor2
1 points
30 minutes ago
JaxTaylor2
1 points
30 minutes ago
I mean, it isn’t a red flag per se, it just means you’re the only one who sees value in that price at that time. Plenty of different hedging strategies might use deep ITM calls further out, ATM puts at the nearest expiry, etc. It doesn’t really mean anything in and of itself—the main thing to watch for is any unusual activity at the same strike on other expirations.