"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"

🐹 :bitcoin:

This is funny on many levels.

“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.

@ranx @rysiek "computer monkeys", oh, so not actual monkeys, just RNG.

@rysiek on the upside at least the hamster won't barge into people's menchies to sealion them about how good shitcoin is.

@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.

@amici @rysiek I don't think you need punishments, just lack of reward, I don't think the hamster would mind rewards

@Gargron Deprived reward is a form of punishment, that's what I had in mind :)

Finally the German word "Hamsterkäufe" gets a whole new meaning.

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!

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