ST Alpha - "Cantor thought: If they wanted to put real money on it, it's that much more astonishing how much it sucks. -- nm" (Reading a Post)

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Cantor thought: If they wanted to put real money on it, it's that much more astonishing how much it sucks. -- nm

Posted by loosilu (aka loosilu) Dec 8 '08, 13:08

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Responses:

I've been out of touch, what's going on with HSX? -- nm - CrankYanker Dec 8, 13:22
I don't think it's related to the beta site. -- nm - mara Dec 8, 13:14
Yes, but I would think it's a totally different development team. -- nm - TFox Dec 8, 13:09 13
- This is my thought. I think HSX is just trying to hitch its wagon to the Cantor Exchange and decided to launch a redesign to join the big kids. -- nm - Mop Dec 8, 13:13
- in what universe should those two things not be coordinated? -- nm - loosilu Dec 8, 13:10 11
  - Makes a lot more sense than the absurd logic we've experienced. - Mop Dec 8, 13:15
  - I dunno. They are going to be similar but not exact. For example, I'd be shocked if there was anything like a post-OW adjust. -- nm - TFox Dec 8, 13:12 9
    - That would be like taking candy from a baby if there were. - Will Hunting Dec 8, 13:21 8
      - Think about all the free money if there isn't a share cap? You know something outperforms by twenty mil, and you just have to race the market to buy. -- nm - emoticripple Dec 8, 13:23 7
        
        I think there's virtually zero chance it's going to be "like HSX, but with real money". -- nm - Reagen Dec 8, 13:27
        
        or volatility is set really low -- nm - Marcel Dec 8, 13:25
        
        Well, i don't know if there's a share cap in the idea; I'd imagein there'd need to be both sellers and buyers. - Will Hunting Dec 8, 13:24 4
        
        Seems like there was a share cap (10k) in the details. -- nm - TaurusII Dec 8, 13:35 1
        
        Okay, 10k cap plus matching buyers/sellers. - Will Hunting Dec 8, 13:38
        
        Exactly. You have to look at something like Intrade. -- nm - Reagen Dec 8, 13:25 1
        
        In Regards to your US/Canada thing, I see they intend to list with the - Will Hunting Dec 8, 13:30
I'd be shocked if, even for one second, they thought of using any of the existing code for this. -- nm - Beryllium Dec 8, 13:09 12
- They can't...real money transactions...no way -- nm - Stewie Dec 8, 13:40
- It wouldn't make any sense. Adjusting box office dollars doesn't even equate to actual end profit on a film. -- nm - Amy Dec 8, 13:16 1
  - From the way the page describes it, this initial thing is just box office contracts off performance; not profit. - Will Hunting Dec 8, 13:34
- Going by the hue of the small bit of orange on the announcement website, it looks like they've de-oranged the awful oranginess of it all. - Loyola Dec 8, 13:13
- the code, totally agreed. The site design? Not so sure. -- nm - loosilu Dec 8, 13:11
- The core functioning mechanism (Virtual Specialist) is totally incompatible with a real-money exchange. -- nm - psilotum Dec 8, 13:10 1
  - I think this is the most accurate observation. You can't play real HSX with the old system. We all come out ahead. - Mop Dec 8, 13:18
- It would have to be MUCH more secure. -- nm - Ender Dec 8, 13:10 4
  - Security wouldn't be the half of it. The granularity involved in a real exchange would be a heavy amount of data. -- nm - Beryllium Dec 8, 13:11 3
    - The amount of data they will ~have~ to collect in makes what they collect now look a drop in the bucket -- nm - Scorpion Dec 8, 13:31
    - oh, totally. I'm not addressing the tech side at all. I'm talking about their internet strategy. -- nm - loosilu Dec 8, 13:12 1
      - I see what you're saying, and yeah, it's more than a little surprising. -- nm - TFox Dec 8, 13:14

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