182
submitted 4 weeks ago by FlyingSquid@lemmy.world to c/news@lemmy.world
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[-] Reverendender@sh.itjust.works 120 points 4 weeks ago

It's almost as if the made up nonsense of the stock market isn't propped up by anything real.

[-] PenisWenisGenius@lemmynsfw.com 5 points 4 weeks ago* (last edited 4 weeks ago)

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.

[-] MrMcGasion@lemmy.world 3 points 4 weeks ago

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.

[-] 9tr6gyp3@lemmy.world 38 points 4 weeks ago

It seems all these glitches happen when a particular stock is halted. Whats the pattern here?

[-] Strider@lemmy.world 38 points 4 weeks ago* (last edited 4 weeks ago)

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.)

[-] catloaf@lemm.ee 23 points 4 weeks ago

"Glitch" is just the layman's catch-all term for a problem.

[-] Iapar@feddit.de 5 points 4 weeks ago

Thought a glitch is when a graphical interface bugs with artifacts and such.

[-] disguy_ovahea@lemmy.world 5 points 4 weeks ago* (last edited 4 weeks ago)

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.

[-] Strider@lemmy.world 1 points 4 weeks ago

Especially by these "laymen", which in fnancials absolutely know what they are doing.

[-] Daxtron2@startrek.website 4 points 4 weeks ago

Things definitely go wrong in production all the lmao, even critical systems can fail

[-] Strider@lemmy.world 3 points 4 weeks ago

Of course they do.

By bugs (self or dependency), negligence, wrong setup or architecture, for example.

[-] Nobody@lemmy.world 29 points 4 weeks ago
[-] CaptainSpaceman@lemmy.world 13 points 4 weeks ago

Ook ook mutha fucka!

[-] Tronn4@lemmy.world 22 points 4 weeks ago

Sell me all the frozen orange juice futures yall got!

[-] Tyfud@lemmy.world 10 points 4 weeks ago

Ironically, this would net them huge profit right now with the global shortage of orange juice happening.

[-] Tronn4@lemmy.world 11 points 4 weeks ago
[-] FlyingSquid@lemmy.world 8 points 4 weeks ago* (last edited 4 weeks ago)

If only we could see more of what happened to them in Coming to America happen to other traders...

[-] SynAcker@lemmy.world 4 points 4 weeks ago

Yeah, but they end up getting a bailout from a rich unknown benefactor.

[-] JudahBenHur@lemm.ee 3 points 4 weeks ago
[-] scytale@lemm.ee 18 points 4 weeks ago

Maybe they're scrambling to do something with GME because of DFV's post yesterday. lol

[-] Eezyville@sh.itjust.works 8 points 4 weeks ago

I really like the idea of random people causing chaos in the stock market. Fuggit I've got nothing to lose.

[-] IchNichtenLichten@lemmy.world 3 points 4 weeks ago

They’ve covered those calls they sold him, right?

[-] Waldowal@lemmy.world 16 points 4 weeks ago

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?

[-] mrgreyeyes@feddit.nl 7 points 4 weeks ago

You can invoke it with "speaker of the house" privileges.

[-] maniii@lemmy.world 13 points 4 weeks ago

I read somewhere that Berkshire Hathaway HFT algorithm was to blame for the "glitch".

[-] FlyingSquid@lemmy.world 11 points 4 weeks ago

HFT should be banned. If we're going to keep up this illusion of a stock market, at least make humans do it.

[-] Coasting0942@reddthat.com 8 points 4 weeks ago

I saw this hacking movie before…

[-] granolabar@kbin.melroy.org 7 points 4 weeks ago

Wrong people lost money, it ain't no thing tho, they undid them trades today...

Clown fucking markets

[-] zcd@lemmy.ca 6 points 4 weeks ago

That's no glitch

[-] Kolanaki@yiffit.net 4 points 4 weeks ago* (last edited 4 weeks ago)

But it ain't no lie, baby

BUY BUY BUY!

this post was submitted on 03 Jun 2024
182 points (97.4% liked)

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