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somebodythere

1,000 karma · joined July 23, 2018

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somebodythere··on Oil crash busted broker’s computers and inflicted big losses
You probably want the front month WTI and possibly Brent futures price.

USO has unpredictable drift due to contract rolling and often trades at a significant premium/discount to NAV.

somebodythere··on No cookie consent walls, scrolling isn’t consent, says EU data protection body
The vast majority of web usage these days happens on YouTube, Instagram, etc. Ads certainly keep those parts of the web free.
somebodythere··on Ask HN: Who is hiring? (May 2020)
Could be a pretty good deal.
somebodythere··on Jukebox
In the United States, there was case that got a decent amount of publicity where the opinion was that training a model on copyrighted works is "highly transformative" and is therefore permitted under fair use.

https://towardsdatascience.com/the-most-important-supreme-co...

somebodythere··on Federal Reserve balance sheet trends
That is what the $1200 check and expanded unemployment insurance was meant to be.
somebodythere··on Federal Reserve balance sheet trends
The main counterpoint is that this stimulus would be needed to counter massive demand-side deflation.
somebodythere··on I tried to buy an actual barrel of crude oil (2015)
Fidelity allows one to do so as well. The interface is a bit different from trading stocks (no intraday charts, additional fundamentals like YTM/YTW) but not exactly obscure. You search for a bond, type in a bid, quantity, and hit buy. The coupons show up in your account every few months.
somebodythere··on Oil plunges below zero for first time with May contract ending
Nobody wants to cut production, unless everyone else does so too. Otherwise they're just giving up a chunk of their revenue stream for a negligible rise in prices. It's a classic prisoner's dilemma game.

Anyway, OPEC+ did cut production, a little bit. The market is saying it's not enough, at least in the near term.

somebodythere··on Oil plunges below zero for first time with May contract ending
In the near term, Fed buying oil for future delivery and instructing drillers to keep it in the ground.

In the longer term, the bankruptcies and capex cuts going on every day in the space--a lagging supply constrictor. Should be fuel to propel WTI to 80s when people start flying and driving again.

somebodythere··on GoPro cuts workforce, changes sales strategy
Market segmentation? The same way Tesla limits its car battery capacity in software.
somebodythere··on This is your brain on a crashing stock market
But if financial assets are crashing in cash-terms, and cash itself is crashing in purchasing-power terms, financial assets are extra crashing.
somebodythere··on IRS delays tax-filing date to july 15, matching payment deadline
Good, we desperately need some of that.
somebodythere··on Salary Stream – Software Engineer Offers
It's because the bulk RSU portion of the offer vests in the latter 2 years and the TC value given on the site is based on 1st year compensation.
somebodythere··on What If Andrew Yang Was Right?
It's not just the net money supply that results in inflation, it's also the prospensity for it to be spent, and on what it is spent (inelastic/elastic demand curve goods and services) which determines the amount of inflation.

If you took 100 dollars out of the pocket of every American and gave it to Warren Buffett, that would most likely be deflationary.

somebodythere··on Twitter is suspending pro-Bloomberg accounts, citing ‘platform manipulation’
To what end?
somebodythere··on Signal is finally bringing its secure messaging to the masses
When I'm flying at the airport, a border guard can compel me or my friend to unlock our phones and show them all our messages. If our conversation history is regularly automatically cleared, we can both have peace of mind.
somebodythere··on Signal is finally bringing its secure messaging to the masses
Only if you have an adversarial relationship with your correspondent.
somebodythere··on Trying to sneak in a sketchy .so over the weekend
It's also better if you're the company deciding whether you have to press espionage charges or not.
somebodythere··on No engineer has ever sued because of constructive post-interview feedback
Real programmers would write bulletsDodged++;
somebodythere··on Autistic futures trader who triggered flash crash spared prison
I'm not convinced that the stock market crashing (briefly, even) is inherently bad.
somebodythere··on Godot 3.2
I am refreshed by Godot's versioning scheme. Point releases are something to get excited about.
somebodythere··on Roam: Why I Love It and How I Use It
The NSA, or, y'know, the app's creators.
somebodythere··on Mozilla lays off 70
Not to mention office space!
somebodythere··on Lyft’s algorithm is trying to block people with names like ‘Dick’ and ‘Cummings’
I have a friend named Aryan who was not allowed to sign up for a Microsoft account with that name. Support even refused to make the exception when asked, suggesting that he sign up with the name "Ryan" instead.

To this day, emails from that account have "Ryan <lastname>" in the header.

somebodythere··on Women now make up the majority of the U.S. labor force
It is unfortunate that the range of clothing coded as masculine is not as expressive as the range coded as feminine.

What kinds of masculine-coded clothing articles would you like to see?

somebodythere··on Teen Vogue published and then deleted an uncritical story about Facebook
Creepy by virtue of being older than 20?
somebodythere··on Show HN: Beef, a new performance-oriented programming language
It makes me feel like I should wash my hands with soap and water after handling.
somebodythere··on ICANN extracts $20m signing fee for $1bn dot-com price increases
For ENS you can resolve names by just installing Metamask. The wallet part of Metamask is not easy to use, but if you just want to brows ENS domains I don't think it can get lower friction than that.
somebodythere··on Cryptocurrency in the 2020s
https://codaprotocol.com/
somebodythere··on BusKill: A kill cord for your laptop
Just build a USB-powered hard-drive drill, duh.
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