‹ BackHN Continuity

Thread

San Francisco Onion Futures Company

398 points · 179 comments · z-mach9

  1. mrbluecoat · · focus · HN ↗
    > How are prices determined? ... using a proprietary algorithm.

    How is this article HN newsworthy?

    1. Stitch4223 · · focus · HN ↗
      For various reasons.

      From what I get from it, it describes a complex technical + social system that has been exploited to the max leading to insane pricing, risks and a ban. They want to do that again it seems.

      That this specific algorithm isn’t revealed is the joke: it’s a complete fraud, their secret uber elite algorithm will favor nobody except the owners obviously.

      It’s super nerdy and it took some effort, at least for me, to understand the fun.

      I might have completely missed the mark as everything about this subject, such as the Wikipedia article and so on are completely new to me.

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.