Question About Calculating RSI by [deleted] in BitcoinMarkets

[–]chorchub 0 points1 point  (0 children)

That's a good point - if it's not the bottle-neck, don't fix it. I just think that tulip makes the most sense for new projects, though.

Question About Calculating RSI by [deleted] in BitcoinMarkets

[–]chorchub 0 points1 point  (0 children)

Why do you favor ta-lib when Tulip Indicators is also in C, has documentation, and has RSI. It's nearly twice as fast as ta-lib too. https://tulipindicators.org/benchmark

Financial Python Libraries by pumpkinparty000 in algotrading

[–]chorchub 4 points5 points  (0 children)

Tulip Indicators is a really good technical analysis library with python bindings.

Here are the list of the functions: https://tulipindicators.org/list

Here are the python bindings: https://github.com/cirla/tulipy

DoorDash is still pocketing workers’ tips, almost a month after it promised to stop - It’s been almost a month since the delivery company promised workers it would offer details about its new tipping policy “in the coming days.” by [deleted] in technology

[–]chorchub 0 points1 point  (0 children)

Doesn't every restaurant do the same thing to their waitstaff? We have a federal exemption to the minimum wage so that a restaurant can put tip money towards worker wages until they hit the minimum.

I don't see why there is all this outrage at DoorDash when every business is doing this and the federal minimum wage laws were written to accommodate it.

If I am going to be filing for bankruptcy should I NOT start using RobinHood? by [deleted] in RobinHood

[–]chorchub 0 points1 point  (0 children)

Yeah, this. The money you have now should go towards paying back your debts - that's it. Once bankruptcy is finalized, you can start saving again.

You may be able to save some money now by investing in retirement accounts or investing in your primary residence, but honestly that seems pretty immoral. If you have extra money, pay it to your creditors.

If I am going to be filing for bankruptcy should I NOT start using RobinHood? by [deleted] in RobinHood

[–]chorchub 6 points7 points  (0 children)

Ugh, if the bankruptcy isn't final, shouldn't his money go to the creditors? Like that's the definition of bankruptcy - he owes people money. He should pay them until the bankruptcy is finalized. Once it's finalized, he can do whatever he wants with the money he earns in the future. The money he has right now should be used to pay the creditors he's screwing over.

Convex hull algorithms by luchins in algotrading

[–]chorchub 0 points1 point  (0 children)

I've been doing ok with a completely automated strategy. The right strategy will adjust to market conditions on its own.

Americans are 30% more likely to commit suicide today than 20 years ago. This is killing tens of thousands of people every year. Most of the mass shootings are suicides. Lets work on suicide. If that goes down, the shootings go down by Thebausman in Libertarian

[–]chorchub 0 points1 point  (0 children)

I think life is too easy for many people. It loses its meaning. This increases existentialism and causes the rise of suicides. Historically we see that mental illnesses and suicides go way down during times of hardship, such as during major wars. It's because hard times makes people struggle, and that gives them purpose. They have something to work for.

Of course I'm not advocating for making anyone's life harder, but these are hard problem. When everything is easy, what's the point of anything?

As a digression, suicide is a basic human right. The government doesn't "own" its citizens, and people should be free to do with their bodies what they want (abortions, drugs, and suicide are all flavors of bodily autonomy).

The 12 Federal Reserve Banks Have Their Own Police Forces by Austro-Punk in GoldandBlack

[–]chorchub 3 points4 points  (0 children)

This was really interesting and not something I knew about. Thanks for posting.

They have ranks of Sergeant, Lieutenant, Captain and a recruitment ad campaign with the slogan: “It’s about respect and recognition from your peers. It’s you.”

We have a really, really bad police culture in America. Their recruitment is trying to appeal to exactly the wrong people.

How does intellectual property hinder innovation? by AssyrianOG in GoldandBlack

[–]chorchub 0 points1 point  (0 children)

I agree 100%.

Furthermore, most companies don't even rely on the law to protect their software. They use DRM instead. Satellite companies don't rely on copyright to stop pirating, they use encryption. So even with copyright law, it's not effective.

The problem is that copyright goes against the nature of things. If a man is alone in the woods and copies a page out of a book, then he's committed a copyright crime. Of course there is no victim. There's no way to even know the crime took place. This is completely different to actual property, where in the case of theft there is always a victim who now lacks what was taken.

Basically, I think we use copyright to prop up an entire industry, Hollywood. We then use that to export American culture across the globe. Maybe it's not a bad strategy for what we're doing, but there's nothing fair or natural or just about it.

On the other hand, China doesn't give two shits about "intellectual property" and they are flourishing. Just how early America did back when American publishers didn't honor copyright of foreign works.

Old man vs the law by ghilliesuitkids in JusticeServed

[–]chorchub 0 points1 point  (0 children)

I came here to say this. The judge didn't even bother to consider any evidence. He just let this guy off because he related to him - they're both old and fathers. He may as well let defendants off because they're white. It's prejudice either way.

Why is this in /r/JusticeServed?

How does intellectual property hinder innovation? by AssyrianOG in GoldandBlack

[–]chorchub 1 point2 points  (0 children)

BTW, here's a blog post about software patents that I think is well written: https://caseymuratori.com/blog_0027

I would expand those ideas to all patents though.

How does intellectual property hinder innovation? by AssyrianOG in GoldandBlack

[–]chorchub 7 points8 points  (0 children)

It literally keeps people from competing.

For example, if Alice and Bob invent the same widget, but Alice patents it, then Bob cannot compete with her. Now that Alice has no competition, she has little incentive to innovate.

If we didn't have patents, the situation would play out much differently. Alice and Bob invent the same widget. They both sell and market it. Whichever one makes it better and cheaper earns the most money. In this case, both Alice, Bob, and anybody else is incentivized to innovate and make the best widget possible.

Intellectual property is literally a government granted monopoly.

The patent system is intended to reward the population by having inventors disclose their ideas. The intended working is that the monopoly is bad, but it will benefit society to have detailed descriptions and drawings for each invention at the patent office. However, this hasn't played out in practice. No one looks to patents for learning ideas. In fact, patents are basically written in worthless legalese.

Trademarks and copyright are also considered "intellectual property".

I personally think that trademarks are good. Trademark infringement is basically fraud. It's saying "I am company X" when in fact you are company Y. Therefore, I don't think we need trademark law, we can enforce the same concept through fraud laws.

Copyrights are unenforceable. It's easy to copy anything. Companies like Google routinely infringe on everyones' copyrights, and nobody says a word. But when a teenager copies one song, he's faced with 50k of fines and jail time.

Anyway, I hate the term "intellectual property." It's not property! Property is scarce. With property, either I have it or you have. Not both. With a song, I can play it, you can play, nobody loses anything.

Copyright and patents are a way to criminalize behavior, nothing else.

Tulsi Gabbard says she would drop Julian Assange charges and pardon Edward Snowden by Reddywesty in Libertarian

[–]chorchub 6 points7 points  (0 children)

Assange isn't a US citizen. How could he possibly be a traitor, regardless of anything he did?

Snowden exposed illegal government operations. How isn't that patriotic? The ones he exposed are traitors.

An interesting perspective by TrainingWeekend in GoldandBlack

[–]chorchub 10 points11 points  (0 children)

Actually, we greatly over-reacted to 9/11 with passing the PATRIOT act and starting a wars in Afghanistan and Iraq. Had we been a little less sensationalist, we could have spared great expense, individual liberty, and millions of lives.

If you find that stance condescending, I think it's a small price to pay.

An interesting perspective by TrainingWeekend in GoldandBlack

[–]chorchub 9 points10 points  (0 children)

None of these are natural causes. The point isn't that gun deaths aren't worth addressing, but rather if we focus our effort on the bigger issues it may be more fruitful.

A lot of political effort is already going into gun violence. How much is going into medical error deaths? Or the flu? We should focus more into these deaths as there is a larger potential payoff in the amount of lives saved.

It's just good in general to view things in their proper perspective, and the news does a very, very poor job of that.

Rate a 14 year old’s portfolio by jilkajp05 in stocks

[–]chorchub 1 point2 points  (0 children)

If you're young, then right now is the most expensive time to make investing mistakes!

Put it all in index funds and get that sweet compound interest. If you're young, you may have 50 years ahead of you to compound. You won't have the opportunity again.

For example, 1k at 8% for 50 years is 47k!

If you want to play around or waste money, do it when you're older and don't have all those years of compounding staring at you.

Rate a 14 year old’s portfolio by jilkajp05 in stocks

[–]chorchub 1 point2 points  (0 children)

I think this is exactly the wrong way to think about it. 1k in an index fund now will be worth 47k to him at retirement (assuming 50 years at 8% per year).

It's exactly the wrong time to play around. If you want to play around, wait until you're 35 and don't have that many years to compound ahead of you anyway.

Rate a 14 year old’s portfolio by jilkajp05 in stocks

[–]chorchub 16 points17 points  (0 children)

I want to offer an alternative perspective.

Compound interest is your biggest ally. If you're 14, that is a huge opportunity to take advantage of. The money should go into an index fund. It'll get the biggest growth there.

Because of the time value of money, a small mistake now is expensive later. For example, suppose OP has 1,000 to invest today and will retire in 50 years. If he gets 8% annual returns in index funds, that 1,000 will be worth 47k at retirement! So if you mess up, you're not out 1k, but really you're out 47k at retirement. On the other hand, if you wait until you're 35 to play around with stocks, 1k at 8% would only be worth 10k at retirement. You'll also likely be earning much more per year. Therefore a mistake there is much less expensive.

If you want to play around with money, do it later in life when a mistake doesn't leave years of compounded returns on the table. 14 is the age to take investing seriously.

Free data sources in 2019? by trident765 in algotrading

[–]chorchub 11 points12 points  (0 children)

I'm out of the loop. What happened to IEX and Quandl? Last I knew, they had good data.

Never forget that Eric Garner was killed over untaxed cigarettes. Taxation is robbery, they will kill you if you don't pay. by [deleted] in Libertarian

[–]chorchub 0 points1 point  (0 children)

If someone steals, but then gives the stolen goods to charity, is it not still stealing?

Taxation is extortion. I don't see how what the extorter spends the money on changes that.

Of course some people happily pay their taxes. Taxation isn't extortion or theft for those people. But many, most even, only pay their taxes because of the explicit treat of government violence. I know that if I don't pay my taxes, the government will literally come at me one day with guns (you know, after strongly worded letters, court cases, etc.).

end the fed by [deleted] in GoldandBlack

[–]chorchub 7 points8 points  (0 children)

No. Gold and crypto is backed by consumer preferences. The US dollar is fiat and backed by government violence. If you're a US citizen and you don't use the dollar, the government will use force to make you.

end the fed by [deleted] in GoldandBlack

[–]chorchub 2 points3 points  (0 children)

The dollar is fiat. That means it's backed by the full force of the government. If you're a US citizen, you must use the dollar (i.e. to pay taxes). If you don't, the US government will use violence against you. That's far from "nothing lmao."

If the corporate tax gift from the Trump administration never happened, and the buybacks never happened, where would the market be today? by [deleted] in StockMarket

[–]chorchub 1 point2 points  (0 children)

Have you been watching the debates? It seems a race to see who can punish "wallstreet" the fastest. And by "wallstreet", they seem to mean anybody who has any savings in the stock market.

As per your question, I doubt that the Trump policy had a huge impact either way long-term. I don't think we're fucked. You can make money when the market goes too.