You need to draw lots of lines for lots of different personal beliefs. Prop 8 is an easy one to know which side is on the right side of universal human rights. You are free to feel that gays shouldn't marry, just like…
I get what you are saying and i'm sure your analogy is correct in some cases. Wall St. has a long history of fraud and skimmers so it is understandable to say the HTF isn't that bad relative to other things. But we…
Yes, in your example the third party has witnessed a change in demand and is now changing his prices. In my example the Gas Station is doing a bait-and-switch where the price was 3.99 until you pull out your credit…
Someone pulls into a gas station that says gas is 3.99 a gallon and expects to pay 3.99 a gallon to fill up his car. Should the price increase to 4.00 as soon as he stops in front of the pump to 'reflect the new demand'?
I don't want that service, I want to buy something without someone else inserting themselves as a middleman.
That is crazy logic. Because international telephone calls used to cost over 12 cents a minute I should let my ISP charge me 1 cent a minute whenever I use Skype internationally?
Good point. You should ignore the previous comment based on a technicality. Since I didn't specify that the 100,000 share purchase was not actually 3 different orders
I guess you don't quite understand how HFT works? The simplest example is like this: 1. Bob sees that 10,000 share of MSFT are for sell on exchange X at $50.00 and also 30,000 share are for sell on exchange Y at $50.00…
" seller of the house has every right to reject my +500 bid in order to wait for a better deal if they think one is coming along" You know that someone else just said they were going to offer 1000 over asking. The…
So who asked you to provide any service of risk-mitigation, liquidity injection,etc..? This is about 2 parties that are ready to agree to a transaction and a 3rd party injecting themselves into the transaction and…
The person I want to buy the stock from is only offering the shares at 15.00 and I think that is a fair price. Why should someone jump in between the two of us and buy the stock for 15.00 then offer them to me for…
Maybe Kevin Drum can provide the government a live encrypted feed of his family's bathroom and bedroom. I'm sure they will only crack the encryption if they think a bad guy is on the video.
If you raise the US Minimum wage to $20 an hour you will immediately see people move their companies to Mexico,China,etc.. So that will only make the problem worse. Instead of making $10 an hour those employees will be…
It is a fossil from a time where people could only work when physically in their office. Not a fossil as in it existed millions of years ago
If you want to buy some sparkly jewelry to signify engagement I highly recommend moissanite. It looks better than Diamond because it is double refractive. Also, no one will be able to tell a difference. 3 times I've…
Obviously! If I purchased 1 hour of Day Care I would expect to receive 1 hour of day care. However, if I paid someone to clean my house I would expect it to be clean after they were done. I don't care how long it takes.…
When you purchase a product or service do you ever consider how long someone spent making that product/service when deciding what to buy? Imagine someone saying something like "That Toyota Car is exactly what I'm…
You need to draw lots of lines for lots of different personal beliefs. Prop 8 is an easy one to know which side is on the right side of universal human rights. You are free to feel that gays shouldn't marry, just like…
I get what you are saying and i'm sure your analogy is correct in some cases. Wall St. has a long history of fraud and skimmers so it is understandable to say the HTF isn't that bad relative to other things. But we…
Yes, in your example the third party has witnessed a change in demand and is now changing his prices. In my example the Gas Station is doing a bait-and-switch where the price was 3.99 until you pull out your credit…
Someone pulls into a gas station that says gas is 3.99 a gallon and expects to pay 3.99 a gallon to fill up his car. Should the price increase to 4.00 as soon as he stops in front of the pump to 'reflect the new demand'?
I don't want that service, I want to buy something without someone else inserting themselves as a middleman.
That is crazy logic. Because international telephone calls used to cost over 12 cents a minute I should let my ISP charge me 1 cent a minute whenever I use Skype internationally?
Good point. You should ignore the previous comment based on a technicality. Since I didn't specify that the 100,000 share purchase was not actually 3 different orders
I guess you don't quite understand how HFT works? The simplest example is like this: 1. Bob sees that 10,000 share of MSFT are for sell on exchange X at $50.00 and also 30,000 share are for sell on exchange Y at $50.00…
" seller of the house has every right to reject my +500 bid in order to wait for a better deal if they think one is coming along" You know that someone else just said they were going to offer 1000 over asking. The…
So who asked you to provide any service of risk-mitigation, liquidity injection,etc..? This is about 2 parties that are ready to agree to a transaction and a 3rd party injecting themselves into the transaction and…
The person I want to buy the stock from is only offering the shares at 15.00 and I think that is a fair price. Why should someone jump in between the two of us and buy the stock for 15.00 then offer them to me for…
Maybe Kevin Drum can provide the government a live encrypted feed of his family's bathroom and bedroom. I'm sure they will only crack the encryption if they think a bad guy is on the video.
If you raise the US Minimum wage to $20 an hour you will immediately see people move their companies to Mexico,China,etc.. So that will only make the problem worse. Instead of making $10 an hour those employees will be…
It is a fossil from a time where people could only work when physically in their office. Not a fossil as in it existed millions of years ago
If you want to buy some sparkly jewelry to signify engagement I highly recommend moissanite. It looks better than Diamond because it is double refractive. Also, no one will be able to tell a difference. 3 times I've…
Obviously! If I purchased 1 hour of Day Care I would expect to receive 1 hour of day care. However, if I paid someone to clean my house I would expect it to be clean after they were done. I don't care how long it takes.…
When you purchase a product or service do you ever consider how long someone spent making that product/service when deciding what to buy? Imagine someone saying something like "That Toyota Car is exactly what I'm…