this post was submitted on 07 Apr 2025
342 points (99.1% liked)

Technology

68864 readers
4312 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk's X. Experts say the episode highlights the social media site's enduring relevance, even as it helps amplify falsehoods.

How did it happen?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 6 days ago (1 children)

They do various schemes to manipulate and extract money from the free markets.

It's not a conspiracy, they are quite open even with their methods, because they are.... Bragging... About it.

[–] [email protected] 1 points 6 days ago* (last edited 6 days ago) (1 children)

Great, so you shouldn't have any problem explaining exactly what they did?

[–] [email protected] 1 points 3 days ago (1 children)

How do you reckon that? Not a little antoganistic haha. Good luck in life like that

[–] [email protected] 1 points 3 days ago (1 children)

...because you just said they're "quite open with their methods"...?

[–] [email protected] 1 points 3 days ago (1 children)

They are. How does that make me know what they did if they did anything?

[–] [email protected] 1 points 3 days ago (1 children)

I honestly don't know how to be more clear about this.

[–] [email protected] 1 points 2 days ago (1 children)

We are on the topic of market manipulation. Hedge fund sociopaths have this as their job. They generate value by managing the richest families' fortune and use the leverage to find loopholes and scemes to compete with each other. Most happens at the microsecond level between robots hosted on prime real estate meters from the transactions made at Dow to reduce the already vanishingly miniscule delay that cable and switch hops can add to the rapid fire buy and sell patterns used to defuse or lure the other bots. Into these spinning wheels they parcel all actual buy and sells from the retail investors app and use as ammunition. The strategy for the Frat boys is not at this quantum level. They organize schemes. Different types of scams to trick money from anyone stupid enough to fall for it. Afterwards, when they are fined (several daily) for every transgressions, and it's a lot cheaper than what they made. By orders of magnitude. So they are never accountable and can be open about their operations. If this was one such we will soon see who made what, since after a set amount of days they have to disclose their positions. Then they congratulate each other on who made most. Hope it helps.

Also, I might add that your hostile manner is honestly funny to observe but remember that it shortens your lifespan. It won't mean much at your age but at some point, you will probably come to enjoy life and rue your angry years that turned your liver into a nesting doll and mind into a perforated pachinko course of irritability

[–] [email protected] 1 points 2 days ago (1 children)

You're giving a lot of generic explanations instead of anything that applies to this specific scenario.

your hostile manner is honestly funny to observe

I wasn't being hostile at all.

[–] [email protected] 1 points 21 hours ago (1 children)

Yes you are. I don't as I said understand what the fuck made you leap to that I personally should explain to you some specific event I will not. Mostly because of your manners. Better luck next time

[–] [email protected] 1 points 20 hours ago

Yes you are.

You are the only one being hostile, Mr. or Ms. Flame.

I don't as I said understand what the fuck made you leap to that I personally should explain to you some specific event I will not

Because you personally claimed that "they are quite open even with their methods, because they are.... Bragging... About it." so if it was open and they were bragging, then surely you would know about it? You don't have to answer the question, I was just curious. If you don't know, it's okay to just say that too.