Reply With QuoteCredit card fraud in the US in 2018 alone was just shy of $10bn.
Roku now almost double the price we paid for it back at the start of December, this is nuts.
Credit card fraud in the US in 2018 alone was just shy of $10bn.
If there is fraud on my VISA card I knock on the door of the bank and they sort it out ... if my BTC gets stolen in a hack who do I seek redress from?Originally Posted by demonloop
Elon
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Yeah, try that.
Someone who lies about the little things will lie about the big things too.
Are you Michael Burry? ;-)
That doesn’t mean the fraud hasn’t happened, and someone still has to pay
Clue: it won’t be the bank
Looking forward to seeing bitcoin fanbois, who don't want government oversight, crying for the government to sort them out when the bubble bursts.
Someone who lies about the little things will lie about the big things too.
As long as I get my money back I don't care ...
Bitcoin is the 'currency' of choice for 21st century blackmailers, child abductors and other fraudsters.
And when the big one happens, I promise you that nobody will pay. It will just be gone in a cloud of black smoke.
Someone who lies about the little things will lie about the big things too.
Bit like all those self employed people and company directors who loved playing games with the tax bills for years and then wanted all the help the government could give when Covid struck and their livelihoods were in trouble. Nope, can't have it both ways.
I know not everyone who is self employed or a company director fiddles their tax, but many do.
I’ll agree with you there. If you don’t understand the pitfalls you shouldn’t be in the game.
Organised crime will have moved over to zcash and monero.
The Bitcoin blockchain can be analysed by law enforcement and they have done so. Crooks in the know have got wise to it and moved on to the secure crypto options.
Crooks not in the know will be leaving a trail and that can be used to find them.
Every single large ransom demand over the past years, whether related to computer hacking or child abduction, has been in bitcoin.
No crypto does it better than the original.
https://twitter.com/nypost/status/13...247408135?s=20
Last edited by Raffe; 9th February 2021 at 20:44. Reason: added link
Cannot keep my hands from SPACs at the moment. Buying CLA and CGRO.
It was how I got into bitcoin actually. My NAS got hacked with ransomware. Had to download the TOR browser and pay 0.6 bitcoin. This was 2014 so cost me £360 at the time. Had 0.1 BTC left over that was worth £40 so just left it in my wallet and ignored it for years. Now, I suppose I should thank the hacker!
Wut?
Five minutes after my purchase CLA starts take-off, 10% higher already.
And they are more likely to get caught as the forensics continue to improve.
Plenty of kidnappers want cold hard cash too.
Now that was actually making money by getting robbed.
Makes me smile that you made 10x the amount the hacker made on you.
Don’t get why the SPACs price moves around so much when there’s no news at all.
You’d imagine they’d sit at $10 until there’s a merger announced and then spike.
Is the movement based solely on rumours of a merger, or have the two that you mention above already agreed mergers?
They have both announced mergers already with two lidar manufacturers. Honestly, I don't understand why this isn't already being chased by the momentum crowd, as every serious (= non-Tesla) player in the self-driving car space has acknowledged that there is no way you can build self-driving cars without lidar. Add all the drone applications and you have a proper future market.
I think the mania will start as soon as they change tickers, which usually happens within days of the respective EGMs approving the merger. Both scheduled to happen during Q1/2021.
Sitting and waiting, and the shares trading up and down with general market sentiment, order flow and rumours. It's all part of the game.
TLRY had a good run state side for months another one I sold too early
28% of Americans bought GME, AMC or another meme stonk in January.
Wow.
https://finance.yahoo.com/amphtml/ne...213609595.html
Someone who lies about the little things will lie about the big things too.
That Really does sum up America....
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It'd be interesting to know who, of the 28% made profit and who lost.
That article was written Ethan Wolff-Mann. That’s a name😀
That is an amazing stat! Smartphones have changed the world of finance forever..
Didn't Hertz - filing for bankruptcy - ask if they could issue more shares as RobinHood traders were driving the price up? Momentum investing or sheer speculation?
Seems what ever you chuck your money into stateside the only way is up..............
All the printed money has to find a home ...
If anyone is with me in KPTI - just a heads-up that they will release earnings tomorrow before market opening. Might see some volatility either side of the closing price.
I think I will just hold and see what happens.
Someone who lies about the little things will lie about the big things too.
Just bought some GameStop for the fun of it. $53.00
Someone who lies about the little things will lie about the big things too.
I did the same last week, but at $103, trying to ride the rocket.
(not going the way I hoped it would).
I have a small position in them. Curious about what the stock will do tomorrow...
TIGR has been another good one Raffe! Do you think there’s a bit more fuel in it still?
I was one of the 'alleged' 72% of Americans who did not.
Absolutely, yes.
Ben looking to buy back some shares which I sold last Friday but unfortunately missed the one and only dip it had after I sold.
I am a buyer closer to $25 for a run to $50.
Someone who lies about the little things will lie about the big things too.
I stopped myself out of my SP500 futures position, it was within 20 points of my target price when the market suddenly collapsed.
Not a good idea to be too attached to those overlay positions as they exacerbate losses in the underlying long portfolio - so it had to go.
Someone who lies about the little things will lie about the big things too.
Anyone following my SPACs will have noticed that LEAP just leaped by $2 - nice.
Someone who lies about the little things will lie about the big things too.
Somewhat scathing piece from the FT with a first pass analysis on how the Bitcoin purchase will affect Tesla's accounting reports. (Headed with a cracking photo of the main man.)
Last edited by petethegeek; 10th February 2021 at 19:36. Reason: Added missing company name.
Surely GameStop is only going down from here!
I’m surprised you have done that, are you expecting a second squeeze, surely this has now run out of steam and will subside to lower levels based on fundamentals.
Nice pick this one. The comparisons to Robinhood and FUTU should help it on its way.
Chinese New Year Friday so one may see less activity and hopefully a dip?
... and has given up the whole $2 again. Crazy SPAC stuff.
Someone who lies about the little things will lie about the big things too.
Must say I expected a bit more momentum, dropped to $48 minutes after I bought at $53 and $52. Still, managed to print an intra-day high of $62.83 afterwards, only to fall back to $53.
I can still see a dead-cat rally over the next couple of days, target anywhere between $70 and $100.
NAKD would have been the better choice, up by $0.30 (=25%) since I bought GME.
I'll confess I also bought some GME today at $51 per share. Only 66 shares so mo Lambos for now but there are still a load of diamond hands merchants so I'm expecting a 50% bounce.
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More Nakd action on Reddit today, looks like they worked their magic.
Should have read Reddit - is it just me or do others find it completely unreadable as well? Just people screaming over each other, no conclusive arguing, not thread of information, just 'buy this', 'buy that', 'diamond hands' etc.
No logic. They just love the stonks (I went to look there when GME started, I expected much more from the people over there, but most have no clue, it appears.).
Last edited by Bernard; 11th February 2021 at 08:02.
Classical shot into my own foot there.I stopped myself out of my SP500 futures position, it was within 20 points of my target price when the market suddenly collapsed.
Not a good idea to be too attached to those overlay positions as they exacerbate losses in the underlying long portfolio - so it had to go.
Someone who lies about the little things will lie about the big things too.
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