Credit 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.
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.
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.
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!
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.
It'd be interesting to know who, of the 28% made profit and who lost.
Seems what ever you chuck your money into stateside the only way is up..............
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.
TIGR has been another good one Raffe! Do you think there’s a bit more fuel in it still?
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!
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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