loycombinate's comments

loycombinate | 3 years ago | on: The most livable cities

Haha most livable if you’re a white German speaking European

loycombinate | 4 years ago | on: Intel seems awfully scared of Graviton2. Why pay for this ad on Google?

Funny how the makers of cloud hardware didn’t want to get into the cloud from the start. Intel Cloud would have seemed more normal then a bookseller getting into it.

loycombinate | 4 years ago | on: FOSS app removed from the Play Store for linking to the project's website

Hahaha don’t be evil Google

loycombinate | 4 years ago | on: Facebook is now claiming official CDC.gov links are “False Information”

Maybe it’s a fake link

loycombinate | 4 years ago | on: Pronouncing non-English names for English speakers

A Chinese teacher once told me that pinyin is based off Russian

loycombinate | 4 years ago | on: FinDat – The Cost to Short Stocks

good call, I'll work on it

loycombinate | 5 years ago | on: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free (2019)

Credit Karma’s free file could be the end of paid tax filing. We may see an ad supported model, or synergies, like if Microsoft gives free tax software for office users. History has shown many software that was once paid become free, as entrepreneurs figure out a way to give it away and still monetize it.

loycombinate | 5 years ago | on: It’s Time for Real Time Settlement

It’s possible with blockchain. Imagine if each stock had its own blockchain, made up of transactions of shares transferred from one to another, in exchange for a selected stablecoin. Every trade ever done is recorded and available to the public.

loycombinate | 5 years ago | on: Robinhood, in Need of Cash, Raises $1B from Its Investors

1000 x13 millions users...

loycombinate | 5 years ago | on: Robinhood, in Need of Cash, Raises $1B from Its Investors

So, every broker is on margin with DDTC, they don’t have to have 100pct cash for the dollar amount of the buy orders they send to DDTC, as long as they will have the cash in 2 day. Some brokers like fidelity have hoards of 401k money and more likely to have 100pct cash for their orders. Trading brokers like IBKR RH keeps the minimum possible amount of cash with DDTC, and their automated systems adjusted up the minimum.

This is more or less like the futures market, except futures trades settle at end of day (when CME closes for an hour at 5pm, and next day starts at 6pm lol) and DDTC is the equivalent of CME

Who’s irresponsible here? DDTC for their lax cash requirements? Individual brokers that only keeps the minimum required cash? Futures cash requires 10pct or less, but no futures trader would only keep that much in their account, unless they don’t mind being wiped out and liquidated at end of day settlement (and then deposit more money the next day to trade again). Brokers cannot risk being wiped out at all.

loycombinate | 5 years ago | on: Robinhood Play Store listing went from 329K reviews to 180K in few hours

Just post the neg review again...

loycombinate | 5 years ago | on: Robinhood is said to draw on bank credit lines amid tumult

Like the time their entire system went down when S&P went up 10%+ that day

loycombinate | 5 years ago | on: Robinhood is said to draw on bank credit lines amid tumult

Because RH is run by retards who cant get things fixed even with the NYSE halting GME trades 10+ times today.

loycombinate | 5 years ago | on: Robinhood is said to draw on bank credit lines amid tumult

Allow GME buys only with SETTLED cash. Issue solved.

loycombinate | 5 years ago | on: Robinhood is said to draw on bank credit lines amid tumult

The stock dropped right after they banned buying. It would have kept going up otherwise.

loycombinate | 5 years ago | on: Robinhood is said to draw on bank credit lines amid tumult

Then they should have halted both buy AND sell, just like the NYSE, but they made it sell only instead.

loycombinate | 5 years ago | on: WhatsApp gives users an ultimatum: Share data with Facebook or stop using app

Having phone numbers and contacts of certain people can get you into trouble.

loycombinate | 5 years ago | on: WhatsApp gives users an ultimatum: Share data with Facebook or stop using app

Users in Hong Kong use WhatsApp to stay out of trouble with govt. Like accidentally talking about politics. If Facebook can read msg then govt can make them turn over the msg.

loycombinate | 10 years ago | on: Asana Engineering Interview Guide

There are many different types of engineers This guide is for software engineers