"A hamster has been trading cryptocurrencies in a cage rigged to automatically buy and sell tokens since June - and it's currently outperforming the S&P 500"
https://markets.businessinsider.com/news/currencies/hamster-trading-cryptocurrencies-rigged-cage-goxx-bitcoin-price-ether-doge-2021-9
🐹 
This is funny on many levels.
@cadadr I said that exact thing out loud just after reading that article.
@rysiek "global hamster shortages as cryptocurrency miners build goxx boxes in abandoned warehouses"
@cadadr "the hamster wheel" now becomes "the wheel of fortune"
@cadadr @rysiek hamster rig reminds me of the old chatspike story: https://chatspike.net/hamster-power/
well, hamsters are hoarders, after all.
@rysiek Where can I get me one of these hamsters
@rysiek they did a similar experiment with monkeys and stocks. they outperformed professional investors 🐒 📈 https://www.businessinsider.com.au/monkeys-are-better-stock-pickers-than-fund-managers-experiment-2013-4
“a blindfolded monkey throwing darts at a stock ticker list in the newspaper could do just as good as a human investment professional.”
Is this what divination has come too? 🥸
@django this is how divination begins. Anyone whose choices are subject to an ebb and flow disjoint from that driving the market will be less wrong, than one who is trying to buck the trend by using these same information and instincts that are creating the trend.
average cryptocurrency user (hamster)
@rysiek on the upside at least the hamster won't barge into people's menchies to sealion them about how good shitcoin is.
@Nine sealioning hamster would be a thing to behold
@rysiek Just a little bit disappointed that the hamster didn't actually function as a machine learning algorithm.
Because I could imagine that something like a hamster, using an advanced reward-punishment system, could actually function similar to an MLA. Though saying this the scenario would probably pose quite the ethical challenges to be justified as an experiment.
@Gargron Deprived reward is a form of punishment, that's what I had in mind :)
@rysiek this is the kind of bitcoin news I enjoy these days
@rysiek Apparently we humans aren't as smart as we give ourselves credit for. 🐹
@rysiek
Finally the German word "Hamsterkäufe" gets a whole new meaning.
@rysiek
Somebody, send this to Kahneman. He'll probably edit his book to include this example of how random trading is. It's just so good!
@rysiek UPD: I did. He laughed :D
@rysiek Tūkuru! Too good! :)
@rysiek I am so happy to not be a hamster, as likely soon "hamster rig" will become a thing among creepto folk