Comments on post “SprinkleBit”
Scott Broughton
@weheartscott · Designer & Head of Mobile @ Netsells.
With the rising prevalence of Silicon Vally culture, I think investing is going to be the next big mainstream rush. Social investment is inevitable, and this seems like a good solution!
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Alexander Wallin
@wallinex · CEO & Founder, SprinkleBit
@weheartscott thanks for the kind words Scott!
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Kimmo Hintikka
@kimmohintikka · Cloud platform architect IBM Softlayer
@weheartscott Social investing seems to fit badly to current wall street structure. Let's say Social investment becomes widely popular. It causes people to invest on same things due to peer pressure. This bumps up the market value of an individual instruments, until for any number of reasons (bad news, large sale etc.) that hype stock drops hard. This causes many small time investors to lose money.
I think if someone would really benefit Social investing becoming mainstream it would be hedge funds and algo traders. They (we) leverage upward hype with leveraged capital and or options then use sentiment analyses to predict crash event making even more money with aggressive stock and option short. All this makes a lot of money to pro investors while small timers lose their money.
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