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Hey Nerds: Blockchain

Preston said:
Thing is you can spend a couple years crushing it and lose everything and more in five minutes on a play like this. If I was broke I'd probably be more inclined to say **** it, why not. Which is the opposite of what I should do, but I get the appeal.
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yeah....this is a thrill ride, which can pay out bigly, not unlike a great night at the Casino

who doesn't like the adrenaline? 10 yrs ago, I'd be all over this.

but it's not sustainable, and counter to what I'm trying to do now consistently churn out profits.

having said that, it someone wants to play a few shares of GME, risk a few hundred for the change to make 1K...why not?

But what we're doing, using our edges, seems almost easier (but boring)
 
CH1 said:
But what we're doing, using our edges, seems almost easier (but boring)
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Most of my adrenaline comes from harsh dumps and strategically playing them to get the most out of it. The last few days have been fun enough to distract me just enough from the gme situation.

But yeah... It's boring as balls generally.
 
Preston said:
Most of my adrenaline comes from harsh dumps and strategically playing them to get the most out of it. The last few days have been fun enough to distract me just enough from the gme situation.

But yeah... It's boring as balls generally.
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Following a process is usually less exciting than improvising and going all in with a series of Hail Mary passes

But we have our moments, like the post Georgia election.
 
CH1 said:
yeah....this is a thrill ride, which can pay out bigly, not unlike a great night at the Casino

who doesn't like the adrenaline? 10 yrs ago, I'd be all over this.

but it's not sustainable, and counter to what I'm trying to do now consistently churn out profits.

having said that, it someone wants to play a few shares of GME, risk a few hundred for the change to make 1K...why not?

But what we're doing, using our edges, seems almost easier (but boring)
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CH1 said:
DeepFuckingValue is now the establishment. He might be the other Winklevoss for all we know.
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Looks like they uncovered him. Establishment, sort of. He might be in legal trouble, as a guy who works in finance (FB pics below)

https://www.reuters.com/article/us-...r-idUSKBN29Y0AF?feedType=RSS&feedName=topNews

WASHINGTON (Reuters) - A YouTube streamer who helped drive a surge in the shares of GameStop Corp is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance giant MassMutual, public records and social media posts show.

On Thursday evening, Kevin Gill - Gill’s brother according to an online school profile and public records - appeared to verify that Roaring Kitty and DeepF***ingValue are one and the same, pointing to the Daily Mail story in a Facebook post and adding: “Um yeah. So my brother is kinda famous now.”

After online brokerages restricted trading in GME on Thursday, Gill posted that he had lost $14.8 million that day alone, but was still up $33 million overall.

That post was met with thousands of replies, with many simply repeating: “IF HE’S STILL IN, I’M STILL IN.”


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This is the best explanation I could find on RobinHood’s actions today. The short answer is they were assuming too much credit risk

 
CH1 said:
Looks like they uncovered him. Establishment, sort of. He might be in legal trouble, as a guy who works in finance (FB pics below)

https://www.reuters.com/article/us-...r-idUSKBN29Y0AF?feedType=RSS&feedName=topNews

WASHINGTON (Reuters) - A YouTube streamer who helped drive a surge in the shares of GameStop Corp is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance giant MassMutual, public records and social media posts show.

On Thursday evening, Kevin Gill - Gill’s brother according to an online school profile and public records - appeared to verify that Roaring Kitty and DeepF***ingValue are one and the same, pointing to the Daily Mail story in a Facebook post and adding: “Um yeah. So my brother is kinda famous now.”

After online brokerages restricted trading in GME on Thursday, Gill posted that he had lost $14.8 million that day alone, but was still up $33 million overall.

That post was met with thousands of replies, with many simply repeating: “IF HE’S STILL IN, I’M STILL IN.”


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Doxing ain't cool but why legal trouble?
 
worm said:
Doxing ain't cool but why legal trouble?
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He's a registered broker and financial advisor -- I'm not a legal expert but it's possible that he needed to disclose that online.
 
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CH1 said:
He's a registered broker and financial advisor -- I'm not a legal expert but it's possible that he have needed to disclose that online.
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That's more of a regulatory thing though no? He probably runs the risk of losing the license that he no longer needs for anything ever.
 
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