by buying on leverage and forcing the shorts to get margin called and buy back their shares higher. (i.e. forcing the fund to pay them)
It's theft, really. View Wayback Machine r/WSB yesterday, every post was "buy and don't sell so they are forced"
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by buying on leverage and forcing the shorts to get margin called and buy back their shares higher. (i.e. forcing the fund to pay them)
It's theft, really. View Wayback Machine r/WSB yesterday, every post was "buy and don't sell so they are forced"
That's not what happened. The WSB community collectively got together to "get back" at a specific hedge fund for the crime of being wealthy. The hedge fund was irresponsible (but not illegal) for shorting the whole float. WSB collectively manipulated
Based Ameritrade.
Hypocrisy check: Do you hate on socialists for the "eat the rich" movement and then praise $GME thieves for stealing money, because it's from the rich?
Property ownership is essential to a free society
I cannot believe that it's 2021 and people still think Bitcoin is an investment security and not a commodity.
Bitcoin based social media allows you to store your data on chain for as little as $0.02 and then monetize it forever without any chance of being censored
Their "cross-border remittance" worked by, in the back-end, trading the remitter's USD to XRP-USD on an exchange, then moving it to Bitso, a Mexican exchange they owned part of, and exchanging it on the XRP-MXN pair to MXN which the remittee would receive.
Not sure #1 is possible, XRP is "confirmed" in 3 seconds, as in the exchange credits you within ~20-30s after you've sent.
What did you mean by the last one?
BTC is a security. Replace by Fee is actually the final nail as it destroys all utility at scale and fraudulently denies service to those who do not want to pay unreasonable fees.
"How a series of one man's simple websites destroyed a 12 figure Ponzi scheme"
Foresight is a gift people have lost over the ages.
Do you have the timestamps?
Just in, @852 believes calling someone a monkey is racist.
Reality: Someone equating a monkey to a racial slur is the real racist.
#Debates2020