Coincheck, a major cryptocurrency trading exchange in Tokyo, has been hacked into and has lost about 58 billion yen ($534 million) worth of virtual money, national broadcaster NHK reported on Friday.
Samsung, the largest company in South Korea which is accountable for a large portion of the country’s economy, has started the production phase of bitcoin and cryptocurrency mining equipment and ASIC mining chips.
Bitcoin / U.S. Dollar (BITFINEX:BTCUSD). Get more trading ideas from cryptoworldnews. Follow market experts, get opinions and be heard! Join the largest trading & investing community on the planet.
So many people flipflopping on btc trend and I'm just like, I was saying this all last week
Bitcoin / U.S. Dollar (BITFINEX:BTCUSD). Get more trading ideas from MagicPoopCannon. Follow market experts, get opinions and be heard! Join the largest trading & investing community on the planet.
With cryptocurrency mining the ever popular activity with GPU purchases from NVIDIA and AMD, Samsung is also aiming to make chips specifically designed for this
swedemafia04-Feb-18 11:26 PM
nice i run a bunch of antminers i also have two ether rigs
Watching and Discussing the Senate Hearing on Crypto-Currency while watching the BTC cup and handle potential move to the 1.618. ALL LIVE on twitch at https://t.co/B9DShlWivb #bitcoin #cryptocurrency
#shill
swedemafia06-Feb-18 11:08 AM
they got some big dreams calling that a cup and handle
cards?
oh GPUs?
took about 5 months to get back ROI on my rig with 12 GPUs
right now it would be much longer
ovenized-oscillator06-Feb-18 01:22 PM
Yeah idk, depends on how much you pay for those gpus
I am waiting on a quote for 90 1080s we'll see if that goes anywhere
Myst06-Feb-18 09:37 PM
/leave
/close
\leave
Caaaaarrrrlll07-Feb-18 12:01 AM
@Myst just mute it. Discord doesn't let you leave
Ribose07-Feb-18 12:26 AM
@Caaaaarrrrlll you can with roles
]set the user to "read messages" to off and the channel will disappear for them
Caaaaarrrrlll07-Feb-18 02:19 AM
Go ahead. I'm not at a PC and won't be for days.
Davnit07-Feb-18 03:51 AM
ya you can right click on the channel name and tick the "mute" box
Tone Vays trolls Peter Rizun & Andrew Stone at Scaling Bitcoin 2017. Andrew's reply is gold. Original video: https://youtu.be/LDF8bOEqXt4?t=1h31m52s "We're l...
oh snap, can't run on your raspberry pi, who the fuck cares lol
Imagine purchasing goods, transfering funds, verifying your identity, and even unlocking your front door with the wave of your hand! BioCrypt Technologies, I...
People assume that the people who worked on Bitcoin in the early years are fabulously wealthy. That’s a bad assumption, for lots of reasons: It was easy to lose coins. They weren’t worth much, so people didn’t bother to take the time to keep them... | Gavin Andresen | Bitcoin developer. All-around geek.
In this parody, Dr. Adam Back, Ph.D. debates a NO2X hat about the best way for shops in the local area to use bitcoin. Should they make a shared tab, or perh...
Continuing the Crypto discussion 24/7 & LIVE at https://t.co/B9DShlWivb BTC/USD-@bitfinex at a critical point, local double-top and potential break-out of ATH down-trend as it looks to retest the .382 at 11,300 USD. $BTC #bitcoin #cryptocurrency
Presentation at OnChain Scaling Conferences #3 - The Future of Bitcoin. November 30th 2016 www.onchainscaling.com for more information
1
1
ovenized-oscillator07-Mar-18 09:53 PM
"we shouldn't expect cryptographer to be large scale system experts"
bingo
Myst08-Mar-18 11:58 AM
We should change this to #money or something. Discussion in stocks. Investments. Etc. other money making ideas. New business etc
Hoping GE doubles. Bought at $14something
Think Disney will be my next buy for a long term stock
If they fix the ESPN sports problem
Whoever gets all the major sports streaming rights will win
I think dis solid on the movie end
Pixar Lucas films marvel fox
All behometh acquisitions
Myst08-Mar-18 03:01 PM
Us steel worth buying?
ovenized-oscillator08-Mar-18 04:04 PM
¯\_(ツ)_/¯
who knows this is the crypto channel
Myst08-Mar-18 04:05 PM
♂️ etherum like $700+per
To much for me
birdbrain08-Mar-18 06:34 PM
all cryptocoin is a scam
what ya'll really need is some matt-bux
used where ever matts are sold
newby08-Mar-18 06:40 PM
can i see my transactions on a blockchain
Caaaaarrrrlll08-Mar-18 06:40 PM
ya
newby08-Mar-18 06:41 PM
mattcoin sounds doep
Myst09-Mar-18 12:27 PM
GE doing well today
Up 2%
Myst09-Mar-18 12:38 PM
Apparently I’ll be a millionaire my 67 if I invest with motif
Well 60 if I up the monthly
@Fapiko you use motif right?
newby09-Mar-18 12:57 PM
damn myst
a millionaire in 2050
O_O
Myst09-Mar-18 01:08 PM
When will you be one
newby09-Mar-18 01:10 PM
probably never
rather be happy and broke than rich and miserable
¯\_(ツ)_/¯
Myst09-Mar-18 01:14 PM
What’s your retirement investment strategy like
Fapiko09-Mar-18 01:57 PM
@Myst yes
I wouldn't recommend it as your primary investment strategy
but it's nice for high-risk high-reward bets
Myst09-Mar-18 03:08 PM
Ever since I bought stocks. CNBC is always on my tv
Netflix is killin it
newby09-Mar-18 03:10 PM
lmao
Myst09-Mar-18 03:36 PM
Rip toy stocks
Toys r us going down
newby09-Mar-18 04:15 PM
gg
Fapiko09-Mar-18 06:07 PM
Ya I don't think netflix is a long-term buy though
newby09-Mar-18 06:07 PM
yup
them turning to OC
Fapiko09-Mar-18 06:07 PM
Too many companies are trying to do their own streaming services, at some point netflix is just going to be original content & indy films
newby09-Mar-18 06:07 PM
made everyone turn to OC
so now it's a race to the bottom, who gets better storytellers/actors
-_-
everyone gonna divvy up their own media, an aggregator of it will never exist
it sucks
plex is the best thing ever, i centralize al the shit i wanna watch
Fapiko09-Mar-18 06:08 PM
^
newby09-Mar-18 06:08 PM
why won't they let me just add links to my videos on the various networks and play it from there
why do the networks not want that -_-
Fapiko09-Mar-18 06:08 PM
MPAA is their own worst enemy
Myst09-Mar-18 06:08 PM
I think Disney will eventually buy Netflix
Fapiko09-Mar-18 06:08 PM
If I could buy DMCA free tv shows & movies to put on my plex I would
newby09-Mar-18 06:08 PM
fappy
good quality rips
i'd pay per episode
like 99 cents
or a movie 5-10
but noooooo, they make me rent access to it/other shit i don't care about per month.
Fapiko09-Mar-18 06:09 PM
The problem is they worry so much about people sharing their shit - when the people who are going to do that already do - that they incur further losses by the protections they put in place to prevent it
Like honestly, how much worse can they really think piracy would get without requiring protected content to be sold lol
Myst09-Mar-18 06:09 PM
Boeing Home Depot. Disney. CAT. Good long term buys
Throw in Amazon
For tech side
Fapiko09-Mar-18 06:11 PM
Amazon, Texas Instruments, Motorola, Sony, Microsoft, Adobe, Tesla, Autodesk, Google are all my long-term tech bets
1
newby09-Mar-18 06:11 PM
TI?
Fapiko09-Mar-18 06:11 PM
They are the main semiconductor manufacturer in the US
along with Fairchild & Motorola, I should've added fairchild last time I rebalanced
Myst09-Mar-18 06:12 PM
I started to research small companies linked to bigger companies. Ie whoever Tesla uses for their car parts = $$
Fapiko09-Mar-18 06:12 PM
Tesla can switch manufacturers and fuck that option over real quick though lol
Myst09-Mar-18 06:12 PM
But in the mean time
Also
Fapiko09-Mar-18 06:13 PM
I went with companies that are leaders in their industry which won't be going bankrupt anytime soon
I'm at like 130% return on that motif lol
Granted I bought right as the market was starting to pick up out of the recession
Myst09-Mar-18 06:14 PM
What’s your food an drink stock
Abv?
Anbev
Fapiko09-Mar-18 06:14 PM
I don't have one, for stocks I just have the tech companies because that's an industry I'm intimately familiar with
Myst09-Mar-18 06:15 PM
Motif made me a millionaire. But I don’t see the site lasting for 30 yrs
Fapiko09-Mar-18 06:15 PM
Might be one in one of my main investment portfolio, but I don't touch that
That's all my accountant
Myst09-Mar-18 06:16 PM
How much do you put into your main
Fapiko09-Mar-18 06:16 PM
lol pretty much all retirement calculators make you a millionaire because they project a steady 6% ROI year over year
I've got a lot in my main account
Myst09-Mar-18 06:17 PM
How much
Fapiko09-Mar-18 06:17 PM
Let's just say I won't break into millionaire territory for a couple of years
Myst09-Mar-18 06:17 PM
And how much do you put in per month
Fapiko09-Mar-18 06:18 PM
I don't put in any per month right now, I'm putting that in a savings account for down payments on real estate
Myst09-Mar-18 06:18 PM
So nothing is going into your main. ? Just whatever is already in there?
Fapiko09-Mar-18 06:19 PM
Yep(edited)
Myst09-Mar-18 06:19 PM
This is #money. I need specifics on much is in your main
Ballpark
Fapiko09-Mar-18 06:19 PM
couple hundos
Myst09-Mar-18 06:20 PM
How can you make a mil with just 900$
Fapiko09-Mar-18 06:20 PM
lol
Why are you so concerned about my financial accounts?
You trying to figure out who your next hacking target is?
Myst09-Mar-18 06:21 PM
I’m not. I’m using it to guage my moves
Learn best practices
#money
If one is successful doing something. I want to know what they’re doing
Fapiko09-Mar-18 06:21 PM
You shouldn't gauge that based off my decisions then
Myst09-Mar-18 06:22 PM
God damnit fapiko
Fapiko09-Mar-18 06:22 PM
I got fuck you money from Riot, that's a very different situation from most
Myst09-Mar-18 06:22 PM
Should’ve been a programmer
In order for me to get fuck you money I have to be crooked
Fapiko09-Mar-18 06:23 PM
Like generally to maximize your investments most places advise you start with maxing out 401k contributions because that's all pre-tax
Myst09-Mar-18 06:23 PM
Like Baltimore’s gun unit
I’m trying to make 2mil by retirement
At 50yrs
Fapiko09-Mar-18 06:24 PM
I think being a crooked cop would be too much stress for me
Myst09-Mar-18 06:24 PM
I have 20yrs left
Very stress
Stay tuned for the bmore movie. They were doing some crazy shit
It will be good
Fapiko09-Mar-18 06:25 PM
I'll probably retire or take a break from working once I can pull in 60k/yr after tax from investment & rental income
Myst09-Mar-18 06:25 PM
They were stealing drug dealers cars then getting into pursuits with other drug dealers
Fapiko09-Mar-18 06:25 PM
Cost of living here is pretty low, that gives me enough for travelling 1-2 a year + supporting my amazon addiction
Myst09-Mar-18 06:26 PM
My pension I’ll get around 50-70k a year
But I just don’t want to bank on that pension
Incase shit blows up
Fapiko09-Mar-18 06:27 PM
Discord is being buggy, keeps hiding channels on me
Myst09-Mar-18 06:27 PM
I have a new job on the horizon on fed level in nyc. That may bump up my pension even more
But I would like to make 2mil in investments by 50
Fapiko09-Mar-18 06:28 PM
Let me come crash at your place a couple weekends a year when you do
Myst09-Mar-18 06:28 PM
Then I’d be set til desth
Fapiko09-Mar-18 06:28 PM
I like NYC but hotels are fucking expensive
Costs me more for 1 night hotel stay than it does to fly there
Myst09-Mar-18 06:29 PM
I wouldn’t be able to afford nyc either
Probably jersey
Fapiko09-Mar-18 06:29 PM
Agh I hate Jersey(edited)
Myst09-Mar-18 06:29 PM
I’d have my own g ride though
Nj is best
Born and raised
Fapiko09-Mar-18 06:30 PM
I bought a car from there the summer after high school
Myst09-Mar-18 06:30 PM
Pizza. Delies. Bagels
Fapiko09-Mar-18 06:30 PM
swore I would never drive in jersey again, such a clusterfuck
Myst09-Mar-18 06:30 PM
Diners
Fat Italians making you meatballs
The sopranos
Fapiko09-Mar-18 06:30 PM
The whole coin toll collectors when you get on the toll roads, and exits in the center, left, and right sides of the expressway were just madness
I missed so many exits because I didn't know where the hell I was supposed to be lol
Myst09-Mar-18 06:31 PM
Lol
Yeah. You have to know which toll booth is closer to your exit
May end up in the all truck lane then
Myst13-Mar-18 09:55 PM
Electric car battery stocks
Go
So far I only found the big ones that just trade in asia
Ie panasonic. Samsung
LG chem I 5hinj is us
Fapiko14-Mar-18 07:42 AM
Yeah international stocks are kind've a pain, involve more paperwork come tax time
Myst15-Mar-18 04:07 PM
Toys r us should just kill all brick n mortar stores and redevelop to all online sales
Or
All online and maybe small toys r us sections in different stores
Like Walmart etc
“Hey Mom. Can we go to the toys r us section “
Caaaaarrrrlll15-Mar-18 04:11 PM
Toys r us/babies r us definitely needs to shrink their footprint, I agree. But I don't think they're in a position to relocate into a subsection of another store like Walmart. they're bigger than a Starbucks in a Walmart I feel.
Also the main point of toys r us is getting to see your toy and buy it there. I don't think I'd be as interested in all of the nerf guns if I could only get them online. how do I know how well it's gonna perform?!
i can't even hear it!
Myst15-Mar-18 04:13 PM
True, but that’s the future
You can do that in the toys sections now in major stores
Myst15-Mar-18 04:24 PM
Toys r us can work a deal where they can take over the toys section of all stores
Davnit15-Mar-18 04:25 PM
how long has toys r us been "closing" now
Myst15-Mar-18 04:26 PM
Pretty sure they’ve been downhill for ten years
And this year they are closing all stores
What y’all think@of intel
Caaaaarrrrlll15-Mar-18 04:28 PM
?
Myst15-Mar-18 04:28 PM
Surprised they’re only 50ish $
Caaaaarrrrlll15-Mar-18 04:28 PM
Intel is in bed with the NSA, that's what I think of them.
Davnit15-Mar-18 04:28 PM
i think intel is great
Myst15-Mar-18 04:28 PM
Lol
Davnit15-Mar-18 04:28 PM
i own like one AMD computer
and like 11 intel computers
Myst15-Mar-18 04:29 PM
Need to find American electric battery companies to invest in
Davnit15-Mar-18 04:29 PM
tesla?
Myst15-Mar-18 04:29 PM
Billions are being spent
Caaaaarrrrlll15-Mar-18 04:29 PM
My main workstation and all my servers are Intel-based.
Myst15-Mar-18 04:29 PM
I mean the guys selling to Tesla
Ic
newby15-Mar-18 04:30 PM
intel ftw
when does ARM take over
i gotta invest in softbank to bank on ARM? fuck
:/
Caaaaarrrrlll15-Mar-18 04:31 PM
ARM has always been about low-power and cost.
Davnit15-Mar-18 04:31 PM
tesla is starting to make their own batteries
Caaaaarrrrlll15-Mar-18 04:31 PM
I don't think you're going to find many ARM-based computers running in data centers.
Myst15-Mar-18 04:31 PM
Intel is the most inexpensive stock in all tech
Why
newby15-Mar-18 04:31 PM
where's it going
Myst15-Mar-18 04:32 PM
No where
newby15-Mar-18 04:32 PM
exactly
why put money into it
Myst15-Mar-18 04:32 PM
They’re in everything
newby15-Mar-18 04:32 PM
if there's gonna be no icnrease in value
=P
also AMD is just as good in most cases, except this latest disclosure about their bakcdoors/vulns
Caaaaarrrrlll15-Mar-18 04:32 PM
Because Intel recently had a bug in the chips that can't be patched only mitigated.
The "patch" is to make new chips without the bug.
That's why Intel is low.
Myst15-Mar-18 04:32 PM
They’re in drones
Think it still is a solid stock to have(edited)
Will buy
Davnit15-Mar-18 04:36 PM
well if its low then now is the best time to buy!
Myst15-Mar-18 04:37 PM
Bout 2 intel stocks
I have GE and now Intel in my portfolio
Kinda gambling on these to bounce up
HPQ. Should have bought that instrasd
Hewlit packard
Caaaaarrrrlll15-Mar-18 04:41 PM
tbh Intel is a good buy cause they're not going to let go of their contracts with all of the major vendors and customers
Myst15-Mar-18 04:41 PM
Apparently they’re doing well
Caaaaarrrrlll15-Mar-18 04:42 PM
also once Intel releases new chips without the Meltdown and Spectre bugs, all the chips with these bugs are going to be cheaper to buy (if not already).
Myst15-Mar-18 04:49 PM
HP Inc.'s $1.05 billion acquisition of Samsung Electronics' printing business will give HP Inc. access to a $55 billion market, HP Inc. President and CEO Dion Weisler told CNBC on Thursday.
Myst15-Mar-18 04:59 PM
Ice tea company becomes blockchain tech company ♂️
How can one invest in things like this
Myst15-Mar-18 08:02 PM
Bout hpq
Bought
Fapiko16-Mar-18 12:38 PM
I feel like HP is one of those companies that just keeps making mistakes
1
A failing tech company investing in a printing business, interesting play lol
If you're not looking to take risky bets you should probably stick to industry leaders instead of trying to find undervalued companies
Especially if you're basing investments on those companies off statements given by their CEO's/publicists
Myst16-Mar-18 01:17 PM
This is just for fun stocks. Gambling for an increase and then selling
Zscaler IPO did well today
Caaaaarrrrlll16-Mar-18 01:58 PM
I heard from coworkers that iHeartRadio filed for bankruptcy yesterday
The beleaguered company announced it has reached an agreement with investors to restructure its massive debt load.
newby16-Mar-18 01:58 PM
yep
G_
RIP
Caaaaarrrrlll16-Mar-18 01:58 PM
They work in the same building I do.
There's WAY less vehicles in the parking garage levels today.(edited)
Apparently a lot of employees were let go.
I saw some iHeartRadio people moving boxes out on my way back from lunch
newby16-Mar-18 02:01 PM
you work near them?
Caaaaarrrrlll16-Mar-18 02:01 PM
They're on floor 4 I'm on floor 8.(edited)
newby16-Mar-18 02:04 PM
nice
same building eh
Caaaaarrrrlll16-Mar-18 02:04 PM
yep.
I saw a few of them in the elevator, they were nervous af
Myst16-Mar-18 04:10 PM
FedEx. Darden Accenture
Streaming has been taking over music
Although I listen to a lot of radio to and from work and at work
Myst16-Mar-18 04:26 PM
Wonder when will Netflix cap out
1105% increase in 5trs
Yrs
Fapiko16-Mar-18 04:31 PM
I think at this point their best bet is going to be how well they can get into foreign markets and be profitable there
newby16-Mar-18 04:31 PM
^^
netflix?
OC
OC the way for all these media distributors
whichi sucks because netflix was once synonymous with "any movie you want"
:(
Fapiko16-Mar-18 04:32 PM
Everybody is pulling off of the netflix platform to do their own streaming service, but I have a feeling most of them are mainly focused on America/UK and not other markets
newby16-Mar-18 04:32 PM
ya'
who cares about other countries
Fapiko16-Mar-18 04:33 PM
It's really hard to build a truly global service for something like that though, if Netflix can build out the platform and make it profitable even those with their own streaming services may license their content to Netflix for the global markets outside of America
Myst16-Mar-18 04:33 PM
Hmm
Who’s gonna get the nfl stream
Fapiko16-Mar-18 04:34 PM
NFL already does their own streaming service
Myst16-Mar-18 04:34 PM
Fapiko16-Mar-18 04:34 PM
Which you can only buy if you're outside of the US, inside you have to go through a cable company
Myst16-Mar-18 04:34 PM
Also. What’s up with Disney
But if Netflix and NFL team up. Game over
Fapiko16-Mar-18 04:35 PM
Disney should be a pretty reliable buy, they gobbling up companies
newby16-Mar-18 04:35 PM
^^
Fapiko16-Mar-18 04:35 PM
Why? Significantly less people watch football than you'd think
newby16-Mar-18 04:35 PM
evil empire
in the making
Fapiko16-Mar-18 04:35 PM
Like casual soccer matches in Europe get more viewers than the Superbowl lol
Myst16-Mar-18 04:36 PM
I just don’t want to miss out on the Netflix climb
Fapiko16-Mar-18 04:36 PM
Gotta start thinking globally instead of just domestic, that's where the big $$ at
Myst16-Mar-18 04:36 PM
Need to find an ipo that is gonna shake the table and take over
Fapiko16-Mar-18 04:38 PM
Netflix to me is a short term play I'll reevaluate every six months or so unless they manage to do really well in global markets in the next few years
newby16-Mar-18 04:38 PM
index funds bros
that's all that matters
Myst16-Mar-18 04:38 PM
What about cloud tech
newby16-Mar-18 04:38 PM
cloud tech rofl
Fapiko16-Mar-18 04:38 PM
Amazon
newby16-Mar-18 04:38 PM
someone hosting for you is not in itself a bangin move
but hosted services are
Fapiko16-Mar-18 04:39 PM
The problem with IPO's is that everybody is paying attention to that shit now so all the big companies that are going public have so many people camping the stock to get in as early as possible you run a pretty good chance of buying high in the initial bubble and falling flat
Even if you make money it's pretty rare to get an amazon/ebay level of 10-20x returns overnight anymore
newby16-Mar-18 04:40 PM
yes
Fapiko16-Mar-18 04:40 PM
Those kinds of big returns are generally stuck with the venture capitalists
newby16-Mar-18 04:40 PM
^^
private deals
that's the way to get rich
and have #x returns
but you gotta have big money to do that
Fapiko16-Mar-18 04:40 PM
Who're also losing millions month over month on bad bets because when they hit a good one they're looking at 30-40x returns
Myst16-Mar-18 04:40 PM
Yeah can’t buy ipo through Robin Hood app
Long term. I’m looking at Disney CAT and Boeing
Fapiko16-Mar-18 04:41 PM
IPO is initial public offering... that's when it first becomes available on the stock market, so you should be able to
You generally just can't buy stocks before they go public
newby16-Mar-18 04:42 PM
^
Fapiko16-Mar-18 04:42 PM
I mean you could, but you'd need big $$$ to even get a conversation with the board
Does Robinhood Financial support pre-IPO shares?
We don’t offer access to pre-Initial Public Offering (IPO) shares, given the regulatory complexity and illiquidity of the market. We do our best to mark new stocks as tradeable the day of the IPO.
Please remember you won’t be able to execute extended-hours trades on the day of a stock’s IPO.
Sounds like they just didn't add it to the platform
Hmm Dropbox is supposed to IPO this year
Too many other competing cloud storage options IMO
They do well at the consumer level storage but enterprise has loads of better options
Seeking to maintain a pair of satellite-launch providers, the Air Force basically split $640 million in contracts between Elon Musk’s low-cost SpaceX and a Boeing Co.-Lockheed Martin Corp. joint venture with higher prices but a long military le...
SpaceX and United Launch Alliance looks like the only, or biggest, spacecraft launch services
Mad money on CNBC really pushing for Clorox
Fapiko16-Mar-18 06:02 PM
I'm pretty sure that dude's track record shows him consistently underperforming S&P500
Davnit16-Mar-18 06:05 PM
dropbox kinda has that thing goin' where the name of the product is also the function of the product
Myst20-Mar-18 09:17 PM
GE stock ♂️killing me
Fapiko21-Mar-18 03:16 PM
lol
are you surprised?
Myst21-Mar-18 09:13 PM
Still holding on till it bounces back up
Myst22-Mar-18 12:26 PM
Trump tariffs fucking up stocks today
Myst22-Mar-18 12:35 PM
Guess buy more Microsoft. Under a 100
Myst22-Mar-18 02:58 PM
Is there a website or published report which shows different market shares that companies hold in various fields
Fapiko22-Mar-18 10:05 PM
you can look at their annual report
fun read
Myst23-Mar-18 11:38 AM
Interesting
Added 2 stocks of Microsoft and my total portfolio increased overall performance
Also trump just signed billions in defense spending
Buy military contractors
$$$
Lockheed is up 13
Damn it. All defensive stocks going up right now
And I don’t get paid till next week
Now he just said he gonna sue the medical companies
Hopefully Microsoft gets into defense and gets this money
Myst23-Mar-18 11:58 AM
Damn. Didn’t know you could buy etfs through this app
Quote data for Ethereum from CoinMarketCap ...
Symbol: ETH
Rank: 2
Price USD: 522.046
Price BTC: 0.0619856
24 Hour Volume: 1,161,400,000.0
Market Cap USD: 51,378,816,233.0
Total Supply: 98,418,178.0
Max Supply: N/A
1 Hour % Change: 0.23
24 Hour % Change: 0.27
7 Day % Change: -3.12
Last Updated: Sun Mar 25 2018 19:59:12 GMT-0700 (PDT)
So, what's up with Bitcoin? - Is it a "bubble'', a mania of irrational crowds, or our inevitable future?
Meet our engaging expert speaker - John H. Cochrane, the famous Professor of Economics at Stanford University.
About speaker:
John H. Cochr...
ASIC supplier Bitmain has postponed shipments for its Ethereum ASIC miner, the Antminer E3, from April to mid- or late-July due to the circuit's weaker-than-expected performance, but the company still expects the shipments to reach the original t...
"When this thing breaks loose, it won’t matter who is in the White House, who is in Congress or who is running the Federal Reserve...When this bubble bursts there is nothing that anyone will be able to do to stop it."
News for symbol LULU.
Tue, 19 Jun 2018 19:45:05 +0000
Trump Tariffs Hit Major Indexes; Tesla Down; Will These 5 Growth Stocks Beat Trade War?
Tesla tapped on the brakes amid a broad market decline. But the Nasdaq is cutting its losses. Netflix bucked the sell-off.
https://finance.yahoo.com/m/411eb0ac-3976-35b6-ad1d-a7e549ac5719/trump-tariffs-hit-major.html?.tsrc=rss
Mon, 18 Jun 2018 10:07:00 +0000
lululemon to Donate 100 Percent of Profits from Sales* on June 21 to Increase Access to Yoga and Meditation Through Non-profit Partners
lululemon athletica (LULU) today announced that, on June 21, the company will donate 100 percent of profits* from its in-store and online sales to benefit non-profit groups that increase access to yoga and meditation for communities that face barriers ...
https://finance.yahoo.com/news/lululemon-donate-100-percent-profits-100700569.html?.tsrc=rss
Fri, 15 Jun 2018 10:20:50 +0000
3 Potential Takeover Targets
Takeovers can occur for several reasons. Sometimes a successful, larger company, in order to become even more dominant, wants to acquire superior technology or a popular product developed by a smaller rival. Other times a struggling, larger company, to pr ...
https://finance.yahoo.com/news/3-potential-takeover-targets-102050609.html?.tsrc=rss
Source: Yahoo! Finance https://finance.yahoo.com
With his baby face, eyeglasses and go-to outfit of T-shirt, jeans and sneakers, Jihan Wu looks more like a geeky teenager than a self-made billionaire.
Bithumb, one of the largest exchanges in Asia, just broke the news that it was hacked, with the hackers reportedly stealing over $30 Million worth of cryptocurrencies.
would be interesting to see these hackers operation and where they put the money and then where they eventually obtain it for themselves
Facebook Inc. has racked up plenty of milestones in its pioneering journey. Now the social-media giant has added another one that it would have rather avoided: the biggest stock-market wipeout in American history.
facebook sets record for biggest single-day financial loss in history lel
Myst26-Jul-18 11:54 AM
They still yield yearly returns more then most even after their slowing down in revenue
In what could be the biggest one-day drop of all time, Facebook shares opened at $174.89, down 19.6 percent compared to yesterday’s closing price of $217.50 (NASDAQ:FB). When it comes to market capitalization, Facebook was worth $629.6 billion yesterday. The company is now ...
the only thing about trump i like is his attacks on china. They continually startup companies backed by the government, which is an attack on the democratic capitalist system and should not be allowed.
News for symbol IEP.
Tue, 04 Sep 2018 11:30:00 +0000
Factors of Influence in 2018, Key Indicators and Opportunity within Newtek Business Services, Icahn Enterprises, Liberty Media, The First Bancshares, Cisco, and Franklin Electric Co. — New Research Emphasizes Economic Growth
NEW YORK, Sept. 04, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
https://finance.yahoo.com/news/factors-influence-2018-key-indicators-113000068.html?.tsrc=rss
Wed, 29 Aug 2018 20:29:12 +0000
Carl Icahn Ups Investment in Newell Brands
'Undervalued' company reports lower sales and profit margins during the second quarter
https://finance.yahoo.com/news/carl-icahn-ups-investment-newell-202912405.html?.tsrc=rss
Tue, 28 Aug 2018 22:48:42 +0000
Carl Icahn Buys Energen, VMware in 2nd quarter
Carl Icahn (Trades, Portfolio), the founder of Icahn Enterprises, is known as a "corporate raider" for taking aggressive activist positions in companies. Warning! GuruFocus has detected 5 Warning Sign with IEP. The guru increased his stake in Icahn Ente ...
https://finance.yahoo.com/news/carl-icahn-buys-energen-vmware-224842685.html?.tsrc=rss
Source: Yahoo! Finance https://finance.yahoo.com
BitTorrent Inc. has announced a new cryptocurrency token that will allow users to pay for faster downloads. The token is part of BitTorrent and TRON's plan to add ‘currency’ to the BitTorrent protocol through a series of extensions. The new BitTorrent (BTT) token will be ...
Glyph18-Jan-19 02:14 PM
That's a terrible idea
How is that any different than isps or phone providers charging for bandwidth
Big Blue headed to US Supreme Court in battle over investment plans
izan18-Jul-19 08:28 PM
Give me money
shathan19-Jul-19 11:15 AM
give money to warz he will beat the market for you
Myst19-Jul-19 08:02 PM
i beat the market
give me $100k
ill do work for you
shathan14-Aug-19 01:26 PM
i hope this is recession coming, I have a lot more money to invest in the next bull market.
Myst14-Aug-19 02:03 PM
I have like 30k sitting in a fund
Myst14-Aug-19 03:31 PM
I’d look into investing in doordash
The delivery/takeout market is growing
And they have a big market share of that scene
And they just acquired another compu
Company
Caaaaarrrrlll14-Aug-19 03:43 PM
postmates has bad press
I've had more messed up orders on doordash though
there was a period where I was ordering non-stop from postmates
shathan14-Aug-19 03:47 PM
uber is failing to make a profit, I wonder how they will weather the recession.
Myst14-Aug-19 06:37 PM
none of the companies are profitable yet
thats why they're combining
so invest now, profit later
Myst14-Aug-19 10:27 PM
So I spend money crazyly.
New goal
Save $1000 a month
How much y’all pay for food and other stuff per month
After rent/mortgage and bills
jaenster14-Aug-19 11:33 PM
250 eur
Myst15-Aug-19 04:56 PM
just spent nearly that much today
jaenster17-Aug-19 02:45 AM
Thats why you fail to save 1000 a month
jaenster17-Aug-19 05:28 AM
I do everything by my debit card
I get an notification every day that tells me how much i spend yesterday
Great way to economise
Not that i need it, but i like to be able to live on well fair level, in case i ever dont have the money
Davnit17-Aug-19 10:43 AM
i do everything by credit, but i pay it off every month
around here credit cards come with a lot more benefits and protections
my debit card doesn't leave the house
jaenster17-Aug-19 04:14 PM
here is the other way around
I dont even own a creditcard
Caaaaarrrrlll17-Aug-19 04:17 PM
I don't own a credit card either
Myst17-Aug-19 04:20 PM
probably should. establishing credit is pretty important
Caaaaarrrrlll17-Aug-19 04:24 PM
I have established credit
Davnit17-Aug-19 04:32 PM
the rewards are pretty good
basically free money
as long as you don't get a card with a fee
jaenster18-Aug-19 04:10 AM
Here we dont have a system where your credit score is rated by your creditcard
Its upon avg income
Caaaaarrrrlll18-Aug-19 04:15 AM
In the U.S., credit score is determined by multiple factors and sources, such as credit cards and loans, and any of them can help or hurt a credit score. Risk assessment is one of the factors besides paying on time, and it includes length/age of the credit account, the number of credit accounts the person has, etc.(edited)
Having a credit card isn't something that I've personally really been interested in, as I build credit through other means(edited)
shathan20-Aug-19 11:07 AM
I got a fee based credit card, I churn everything i can through it and get about $300 a year.
IBM is a high-risk speculation that is paying a dividend of nearly 5%, an old industrial organization trying to become Silicon Valley-hip.
jaenster28-Aug-19 02:16 PM
@Myst i kept an eye on it last month now, since you said. I indeed spend 250 a month on food
Myst28-Aug-19 04:31 PM
How much do you go out
Restaurants etc
jaenster29-Aug-19 02:20 AM
Not
I never eat in a resturant, last time is about a year ago
I often eat by a friend, or a friend comes over for dinner at my place
So we dont need to cook everyday, yet eat at home
Myst29-Aug-19 12:26 PM
simple life
im imagining a lot of wooden bowls and wooden spoons
and a lot of green grass and mountains in the background
and weaved baskets
jaenster29-Aug-19 02:26 PM
in the Netherlands there are no mountains
But yeah, today i ate selfmade pizza with a friend, yesterday i ate kapsalon (dutch dish) with a friend, 2 days ago i ate bbq at a friends place, tomorrow a friend comes to eat (pasta), saterday i gonna eat with my mother
cen29-Aug-19 02:43 PM
the only thing I can say about money is.. I hope you folks bought some gold in the past 2 years
think this Fall im going to start getting back into stocks
its been awhile
Myst10-Sep-19 10:09 PM
made a stock market game if anyone wants to play
`Join now, and see if you can win my 'BNETDocs on Wall Street' competition. The more participants the higher the level of competition. Can you master the market?`
its through marketwatch.com
DM me your email if you want to join the competition
Last week, Lim Chow Kiat, who runs some $440 billion in for Singapore’s sovereign wealth fund, laid out his case for keeping powder dry. Before that, Chicago...
wondering if i should move my IRL retirement funds to bonds
Glyph24-Sep-19 01:54 PM
scare tactics
media has been pushing absurd remarks about he stock market scaring investors and it works lol
Kind of surprised nvda stocks have been holding pretty steady(edited)
Davnit24-Sep-19 01:57 PM
the media and nearly a quarter of the country are literally begging for a market crash
Lord Eric24-Sep-19 08:20 PM
Including the US president and British PM
Caaaaarrrrlll24-Sep-19 08:22 PM
bubble needs to pop eh
well it'll happen sooner or later, why not now
they've been predicting it'll pop ever since trump came into office
what makes this one different
I haven't looked
clicks link from earlier
unlike Myst who needs to be babyfed information from articles
literally this article reads like more fearmongering
Idk what happened to that Stockbot fwiw
So I tried adding it just now but it removed itself
@Myst find us another shitty stockbot, this one hates us
it also asks for every goddamn permission, I gave it only read/write messages and it decided to up and leave
like hell I'm giving it admin
In #town-square :
It requires the kick and manage members?!
for combating "impersonation"(edited)
Bitch, this discord is moderated by better bots
[/rant, maybe]
jaenster25-Sep-19 09:45 AM
thats insane, the access it needs
1
1
Caaaaarrrrlll25-Sep-19 09:54 AM
And it cries if it doesn't get it by leaving your Discord
Lord Eric25-Sep-19 02:08 PM
@Myst dying on his stock choices.(edited)
Myst25-Sep-19 11:04 PM
give it some time
!c2 RTN
!news RTN
Caaaaarrrrlll25-Sep-19 11:05 PM
it's had over a year
Myst25-Sep-19 11:06 PM
javelin
that is all
its done pretty good for a ytd
next big thing that can net us money
figure out how to manage all these new video subscription services or create something that deals with them all
netflix, disney+, hulu, amazon vid, cbs stream, nbc steam, etc etc
Every streaming service in one place, from over 300 free and paid streaming services. Browse, track and watch all your TV shows and movies from one place.
Disney plus is going to have trouble because it's going to jack up Hulu. I've already cancelled my sub.
This is fake money, but betting on new IT is only profitable once in a blue moon. Google, MS, Apple, sure, but 1000's of others that dropped off the map quick
@Myst are you using a short term strategy or longer term?
Caaaaarrrrlll26-Sep-19 12:37 AM
You're saying IT is volatile
Lord Eric26-Sep-19 12:38 AM
#mindblown right?
I made $500 once day trading on a health care penny stock irl. That was plus the 500 they gave me for joining ameritrade. Once I lost $100 cut my losses and figured up 900 was good enough
Threw down on APPL last night because ios13 dropped. Came out well.
Davnit26-Sep-19 12:45 AM
i'm down a few thousand since tuesday morning
it's not a loss until you realize it
Myst26-Sep-19 12:47 AM
this is a long term game
1 year
i pretty much won the last years, i dont count warz first place since he did a bogus buy and then did nothing for a year,
so mhm
good luck
Lord Eric26-Sep-19 12:55 AM
1yr isn't long term. Index funds typically do the best on a 5yr avg.
shathan26-Sep-19 08:52 AM
I think Disney plus is going to do great. Disney exclusives like star wars and access to the whole Disney library. Everyone I know with kids plan's to get it.
Glyph26-Sep-19 02:04 PM
im pulling out of these oil stocks
horrible idea
Lord Eric26-Sep-19 05:55 PM
Oil goes up and down. Towards Winter is kind of a bad idea because storms disrupt lines and other means of distribution.
SoftBank CEO Masayoshi Son and the Vision Fund's investing prowess are in doubt, after WeWork's botched IPO and overly inflated valuation, and the underwhelming stock performances of Uber and Slack since their public debuts.
Who would have thunk it
Glyph26-Sep-19 09:38 PM
Interesting
shathan27-Sep-19 08:33 AM
have we reach peak app penetration? is there any good idea's left? I notably have 3 different food delivery apps each with their own exclusive restaurant deals
Myst27-Sep-19 10:34 AM
theres always something to be made
Myst01-Oct-19 12:11 AM
i see you gave up on gm lord, about time
home depot irl is a solid bet
Lord Eric01-Oct-19 12:53 AM
@Myst GM was a quick short. Thanks to that I'm the only one in the green.(edited)
Myst01-Oct-19 12:57 AM
okay warren buffet, its been like 3 days
Lord Eric01-Oct-19 12:59 AM
Over a week and you've lost 2k
The market isn't stable. I'm trying to keep a chunk on hand if a good short/buy becomes available for a quick day trade. The rest of my strategy is to diversify to maintain small gains overall.(edited)
Lord Eric01-Oct-19 01:21 AM
Sorry, almost 3k.
The only issue with day trading is regret. Should have kept my short on GM for 2 more days and my buy on APPL for 1.
oh shit I made something like this at one point :P
...by scraping marketwatch
Password must be 5-15 characters long and must contain at least one number, and may not contain spaces, %, & or +
and yeah, can't seem to join the game
Lord Eric01-Oct-19 01:54 AM
Just a game. Enter a fake name and unique PW.
Myst runs it. He may be able to allow it.
Think he's gone for the night though. @Myst
Myst01-Oct-19 01:56 AM
hm
its a game. i believe settings were that no more participates can join once the deadline hit, and the game started(edited)
but let me see
Lord Eric01-Oct-19 02:01 AM
I'd like more players if you can make it possible
Myst01-Oct-19 02:13 AM
I would have also
Lord Eric01-Oct-19 02:17 AM
Irl there are no lockouts based on time
Contact support and have them enable the player can join after start option.
It is an option. Just needs to be enabled.
@Myst
Glyph01-Oct-19 12:57 PM
Still in the red but crawling back out
I was over 1k in the red
And I spoke too soon
Dropped again
Glyph01-Oct-19 01:05 PM
Made some bad decisions with oil
Nvidia and atvi will pull me through
My anchor with Google might be dead now :(
Lord Eric01-Oct-19 01:45 PM
The overall market is down. If you're looking for quick gains, do shorts.
Otherwise try to weather the storm.
raylu01-Oct-19 02:00 PM
nah just charge tariffs and make china pay for it
Glyph01-Oct-19 03:16 PM
Uhhh what
Diablo immortal is a cpa sequel(edited)
Fps*
raylu01-Oct-19 04:45 PM
huh? it's a top-down game I thought?
shathan02-Oct-19 08:45 AM
@Glyph that's about what i expect from most bank analysts when it comes to video games or most industries
shathan02-Oct-19 10:03 AM
oh shit the market is down is the recession finally here?
Lord Eric02-Oct-19 10:26 AM
so much for my net positive.
Glyph02-Oct-19 11:00 AM
Jesus
Thank God this is marketwatch
raylu02-Oct-19 11:19 AM
@newby I mean, if you just want to test theories you can backtest like everyone else
newby02-Oct-19 11:23 AM
yes
Lord Eric02-Oct-19 06:59 PM
@Myst Good time to buy Amazon shares. lol(edited)
Myst02-Oct-19 07:10 PM
mhm
Lord Eric02-Oct-19 07:14 PM
It got obliterated today. I've got a 20 share set for a short term buy. Should start coming back up in a day or two.
Myst02-Oct-19 07:16 PM
ive been obiliterated by work to keep up with the news, but the whole market is down and soon will swing back up
Lord Eric02-Oct-19 07:17 PM
I'm surprised Amazon hasn't split their stock. 1.7k is insane for 1 share.
Myst02-Oct-19 09:12 PM
` The United States on Wednesday said it would slap 10% tariffs on European-made Airbus (AIR.PA) planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.`
jaenster03-Oct-19 05:56 AM
So. I always been poor, but since i got a desent job i earn more as i need, and can save money. I saved up some at the moment. In europe we have now negative intressted, so saved money on my savings account litterly costs me money now..
Anyone tips what to do with it?
Personally i think to leant it out to friends or something but im a noob with money as i never had any.
Im quite good in not spending it trough
Its hard to talk about it in real life with people i know, as how much money you make is a taboo in the netherlands.
Myst03-Oct-19 11:01 AM
Well if you want to give some away I’ll take it
Glyph03-Oct-19 11:34 AM
So how the eff does a short work
I bought stocks low at short so that I get large gain to sell quick
Looks like you buy them high and sell low
I've made a huge mistake
jaenster03-Oct-19 01:10 PM
@Myst i have enough real life friends i do that with ;p
Anyway i would like to invest in something, but i dont know the first thing about it. I dont really care for a high intresst on it, would prefer to have low rates but support something good. I mean, 0.01% avg profit is still more as -0.05% interest my bank gives me ><
raylu03-Oct-19 01:48 PM
@jaenster "invest in an index fund that targets a broad range of stocks/bonds" is the usual advice
@Glyph like, under-the-hood? you borrow the stock from someone who owns it already and then pay them back later at the new price(edited)
Glyph03-Oct-19 01:55 PM
Woops
raylu03-Oct-19 01:58 PM
(it's pretty confusing to talk about shorts in terms of "buy" and "sell" so normally you talk about entering a "long" or "short" position)
Billions of internet-connected devices could produce 3.5% of global emissions within 10 years and 14% by 2040, according to new research, reports Climate Home News
raylu03-Oct-19 06:37 PM
only 1/5? :P
anyway I'm talking about PG&E's wildfire fines
not costs
PG&E's customers pay for the electricity, so using more wouldn't really cost them more
(also most of the data centers are not here in california - that'd be horrible from a cost perspective)
Lord Eric03-Oct-19 06:57 PM
Horribly outdated infrastructure.
Glyph03-Oct-19 07:14 PM
need some canadian infrustructure
mhm
Glyph03-Oct-19 07:24 PM
Bought my short low to sell high today and I guess I shot myself in the foot there
Lord Eric03-Oct-19 07:39 PM
Kind of went in reverse lol
When you buy shorts, your goal is for the stock to go lower, not higher.
They are riskier than a normal buy in most cases.
Glyph03-Oct-19 07:42 PM
D:
costed me 1500
owell
now i know
Lord Eric03-Oct-19 07:42 PM
For example, in a normal buy, you can only ever lose what you put in. On a short, you can keep on losing money until your margin (credit) runs out.
So in a short, you can lose more money than you actually put in.
Works well in a downturn market, but you also have to keep in mind if something starts to crash, it makes things cheaper and more people may want to buy making it turnaround quick.
Glyph03-Oct-19 08:13 PM
i see
newby04-Oct-19 12:09 AM
yup
Bought my short low to sell high today and I guess I shot myself in the foot there
you basically "sell" the stock now, so you're "short" the stock with your broker - you just buy it later
i.e. you can make a calculatd gamble that, say, tesla's gonna miss earnings, so you short their stock before their earnings call. if they do poorly, you win and can buy it back later/cheaper - if they do well, you're fucked cuz you gotta cover your short.
so going short, or long, basicly seems to be more aimed at the gambling aspect of funds
If i understand correctly, you can make money by predicting a descending trend in a fund?
where regularly, you need predict a company increasing in value (well its stock)(edited)
Lord Eric04-Oct-19 02:57 AM
Correct. Shorting is very risky though as you can both a) lose an indefinite amount of money if your prediction is wrong, and b) have to gamble on the idea that other investors don't envision the stock rising in near-term causing buys and the short to fail. When buying stock, all you have to really worry about is "will it go up?" When you short, you have to worry about will it continue to go down, do others think it will keep going down and do I have enough to cover my debts if it goes back up. IRL you can usually set a limit on your short so if you're losing too much you can automatically get out of it.
IRL you actually have to fill out a form and do a credit check to be able to get a margin account to do shorts or futures.(edited)
Though, all in all, it's largely all gambling no matter your strategy. We're all at present net negative in the game. We'd have more money if we wouldn't have bought any stocks.
Lord Eric04-Oct-19 08:01 AM
recovery happening from the freefall.
newby04-Oct-19 09:31 AM
b-b-b-but muh gold
raylu04-Oct-19 11:41 AM
@jaenster if you're in the market at all, you generally have a long or short position
the usual non-gambling version is where you have a long position in a bunch of diverse stuff and hold it for years
you're counting on the market just generally not being shit and people being able to turn capital into profits in the long run
the gambling ("day trading") version is where you buy/short individual stocks (not funds) for short periods of time (less than a day)(edited)
(and obviously this is a spectrum; you can do anything in between and/or both)(edited)
(the only way to be in the market but not really be long or short is to have some kinda of crazy derivative like an equity collar)
newby04-Oct-19 11:46 AM
fwiw all stock investments are part gamble
even if long for years
^^
but otherwise yall both right
Glyph04-Oct-19 02:00 PM
Here we go for the turn around woot
jaenster04-Oct-19 02:58 PM
@raylu thanks for explaining
jaenster04-Oct-19 04:01 PM
Talking about money, i like the fact we have euros in the europe, but i miss the old dutch bank notes
So colorful, modern and neat. Same with the coins, they where quite basic
raylu04-Oct-19 05:16 PM
those look way cooler than euros
maybe even too colorful
newby04-Oct-19 07:29 PM
nice
Glyph05-Oct-19 08:56 AM
I don't like how they are sized differently
Other than that I like them more
raylu05-Oct-19 09:45 AM
the sizing helps blind people
Lord Eric05-Oct-19 09:53 AM
Who uses physical currency anymore? I never have more than $20 on me.
Glyph05-Oct-19 10:14 AM
Taco Bell likes to double charge my cards so that's a reason but it's a bad reason(edited)
Lord Eric05-Oct-19 10:19 AM
Taco Bell double charges me as well. Once on my card and again in my restroom.
2
jaenster05-Oct-19 11:36 AM
@Glyph why you dont like the size difference?
How can they even charge twice?
you pay at the thing, with your card.. Or you give your card to someone?
that card giving is something that is american, i only saw it happen there
Anyway i do everything, except my bar, with my debit card, works fine
creditcard is impossible here, there is not a single supermarket that supports it
Davnit05-Oct-19 11:40 AM
it happens in drive thrus
jaenster05-Oct-19 11:41 AM
if i go to the mac drive here, they give me an device i can pay with my card with
dutch people are known for being greedy.
For debitcards there are no transaction costs, for creditcards there are. So, no-one uses it in stores, and store owners refuse to pay for a fee, if you ask dutch consumers for a fee to pay, people will not buy the item at all and go to another store (same with shipping fee by the way, almost any store has free shipping)(edited)
Lord Eric05-Oct-19 11:59 AM
In the US, consumer fees on cards usually only happens at smaller shops and is something small like 25 cents which is inconsequential. Some shops also put some low purchase limit for credit use, somewhere between 5-15$. Debit is usually free, but there's sometimes a small charge on those as well, but again, inconsequential.(edited)
jaenster05-Oct-19 12:00 PM
here its forbidden by law now to do that, the extra fee
still some shops try to charge you for 10 cents, if you try to pay with debitcard
and some stores dont even accept cash, only by debitcard
Glyph05-Oct-19 02:31 PM
well he gave me some excuse that they use a third party system that "fake charges" cards
im like well it looks pretty fuckin real to me hoss
raylu05-Oct-19 09:27 PM
a few Chinese places are cash-only
and a lot of state/national parks are
also before I had fastpass, some tolls were
Davnit05-Oct-19 09:28 PM
coin only tolls top tier
exact change too!
raylu05-Oct-19 09:30 PM
california tolls are $5+
coins would be brutal
Lord Eric05-Oct-19 09:31 PM
Just run through and pay the fine
Davnit05-Oct-19 09:31 PM
with the $200 administrative fee tacked on
Lord Eric05-Oct-19 09:32 PM
I have a lot of gold investments so I can afford it
Davnit05-Oct-19 09:33 PM
there's one around here where the next cash exit is 52 miles away lol
Lord Eric06-Oct-19 01:08 AM
Oh this can chart oot
Glyph07-Oct-19 10:58 AM
Finally positive in marketwatch
Pretty sure I'm stuck day trading now
newby07-Oct-19 01:29 PM
^^
it's a good place to practice
fake money
real stocks
read news articles on companies you like
check out financials
scope earnings
figure out what you think will work out as far as an investment thesis goes, try it, rinse & repeat
Financial ratios aim to capture a vast quantity of information about a company's debt, profitability, valuation, and performance in a single number.
some light reading on interpreting those numbers ^^
Glyph07-Oct-19 01:49 PM
That's literally exactly what I am doing
In regards to what you said earlier
Not the article
I want to learn those though that's interesting
I sold my nvda a bit too early
:(
Usually it topped out at 182
newby07-Oct-19 02:13 PM
haha
it's fine
do your math, is NVDA gonna report good/bad earnings on this date?
if you think they're gonna do poorly, short it before; if you think they'll do well, buy some before
if they do poorly, value should go down, your short pays off
if they do well, value should go up, your buy was smart
Myst07-Oct-19 05:18 PM
I’m avoiding looking at my in real life money in my retirement plan
After last few weeks with this stock market
newby07-Oct-19 05:39 PM
don't
if you're not cool with losing up to like, half your investment in a given calendar year, to random chance/temporary circumstances, don't fuck with the stock market.
just let it ride
... unless you've selected a single company and you had some conviction in what you did, in which case, maybe evaluate why your investment is crappy and correct. if you just have some 401k with a target exit date, ignore it/let it ride.
1
Myst07-Oct-19 06:35 PM
yes, riding
its a retirement fund that as i get older it get more older, it automatically gets more conservative
Get breaking news and analysis on Dow Jones Industrial Average Index (DJI) stock, price quote and chart, trading and investing tools.
Myst07-Oct-19 06:42 PM
oh lol
it trends upwards
every year theres a return
newby07-Oct-19 06:43 PM
point i wanna drive home w/ this is
don't trip about the day to day
hell
don't trip about month to month
if you're in some basket of funds
Myst07-Oct-19 06:43 PM
then during your final years its all gov bonds
newby07-Oct-19 06:43 PM
(e.g. a retirement fund)
Glyph07-Oct-19 06:50 PM
where are the stock market crash dips in that?
2008 looks obvious
newby07-Oct-19 06:51 PM
^^ yeah
there's a smaller one around the dot com bubble it looks like
in any case, point being that, if you're in a retirement fund, the idea is the market will be volatile so you just gotta ride it out
Glyph07-Oct-19 06:54 PM
duuuuuuuuuuude what if someone had enough money to screw up analystics for stock data
i feel like thats what happens alot
newby07-Oct-19 06:59 PM
??
"screw up analytics for stock data"
stock data analytics is a field called technical analysis
and most people don't really trade solely on indicators
Glyph07-Oct-19 06:59 PM
interesting
newby07-Oct-19 06:59 PM
it's a nice way to statistically analyze an entire market/pick up interesting companies via a number of basic means (e.g. basic moving averages, RSI)
basic -> simple here, not really "basic" but they're straightforward
but if you're looking to trade 100% numerically, you won't wanna do just TA. everyone does it, there's no real "advantage" it'll give you unelss you have your own spin on the idea.
Glyph07-Oct-19 07:01 PM
combine press release information or media reporting along with TA hmmm..
newby07-Oct-19 07:01 PM
sec, will link you something that lets you apply some TA methodolgoies right on stock prices
yes
you got the right idea
sentiment analysis is something people also do
there's services that'll aggregate news for people
and give you a "number" that erpresents their sentiment on them
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Glyph07-Oct-19 07:02 PM
ohhh
newby07-Oct-19 07:02 PM
Glyph07-Oct-19 07:02 PM
thats that buy sell hold thing eh
newby07-Oct-19 07:02 PM
this section
eh?
Glyph07-Oct-19 07:02 PM
sentiment analysis
newby07-Oct-19 07:02 PM
this is just an interactive stock price chart
nah
sentiment analysis is like
here's a piece of news about a company
analyze the "sentiment" that the news article has (is this positive? is this negative?)
you do that across a series of news articles on a given day
you can tell if the news/sentiment about a company on a given day is negative or not
can take a look at the price, see if it's also down, strengthen that conviction ^^
Glyph07-Oct-19 07:03 PM
ohhhhhhh
newby07-Oct-19 07:03 PM
look at volume, see if there's an abnormal amount of volume for a given stock, further confirm it
Glyph07-Oct-19 07:03 PM
a few sites such as motley fool give a rating on x stock
though 90% of the timei find its way wrong
newby07-Oct-19 07:04 PM
this is "bollinger bands" applied to the GOOG stock price
so when the blue line jumps outside the bands, the price is two standard deviations away from its moving average
(here that's a 20 day window)
when it goes below the lower band, you can expect it to go righgt back in, so you wanna buy while it's cheap
if it goes above, vice versa - you wanna sell
Glyph07-Oct-19 07:05 PM
dope
newby07-Oct-19 07:05 PM
(explaining the idea behind this technical indicator, not saying this is some gospel for investing, but this is how TA works - you do some math on some metrics for a given company/"security", and you make decisions on them
Quantopian is a free online platform for education and creation of investment algorithms. Selected algorithms get capital backing from Quantopian. Quantopian offers access to deep financial data, powerful research capabilities, university-level education tools, and a backtester.
Lord Eric07-Oct-19 10:38 PM
The problem with investing is that the market is only what you think it is plus what others think it is. News based? Sure. Market trend based? Sure. Weather based? Sure. The entire thing is based on a combination of what people perceive it to be.
Orbital Insight, a company that analyzes satellite images for investment managers. [...] Orbital Insight's artificial intelligence systems figure out how to identify cars in retailers' parking lots based on, you know, the blotches of color that are their raw data.
The Dow and broader stock market are set to slide at Tuesday's open as worries about trade tensions between the United States and China are weighing on the market.
Lord Eric08-Oct-19 08:07 AM
rip gains
Glyph08-Oct-19 09:08 AM
Damn
newby08-Oct-19 12:17 PM
haha
and yeah, trading is 10000% speculative
you'll never know exactly for sure how something goes down, because even if you have perfrect knowledge of the innerw orkings of a company, you can't predict the unpredictable
(e.g. this Blizzard/China nonsense probably hit ATVI)
In June, Red Hat reported to the SEC that it would give Shander a “cash retention award” of $4 million if he stayed with the company for 12 months past the official close of the merger with IBM. The grant was part of an effort to keep top executives from leaving the company because of the merger.
newby11-Oct-19 10:41 AM
golden handcuff
raylu11-Oct-19 11:35 AM
It is unclear whether his departure makes him ineligible for the grant.
wait why is that unclear?
shathan11-Oct-19 11:41 AM
for 4 mill i would watch any dumpster burn
Glyph11-Oct-19 12:30 PM
I mean for 4 mill why would you pay to have someone watch a dumpster burn(edited)
Whoa the positives came out of nowhere on MW(edited)
Poor Lucas
raylu11-Oct-19 12:36 PM
because he has all the context
shathan11-Oct-19 12:37 PM
i'm just saying 4mil with passive investing would set me for life, I wouldn't do anything but watch.
newby11-Oct-19 12:37 PM
haha
preach
Glyph11-Oct-19 02:56 PM
These sto is I. Atvi on MW are volitile as hell
One minute I'm up a thousand the next I'm down
newby11-Oct-19 02:57 PM
hahaha
do you have ATVI stock in this game?
Glyph11-Oct-19 02:58 PM
yea
1337 shares
newby11-Oct-19 02:58 PM
nice ;)
haha
Glyph11-Oct-19 02:58 PM
im hoping the long haul itll work out
with blizzcon annnouncements im sure theyll annoucne something good
i doubt itll be d4 but meh
newby11-Oct-19 02:59 PM
^^
that's fine you have teh right idea
buy in before announcements that you think are gonna send stock prices up
or short before they go down
=P
Glyph11-Oct-19 03:00 PM
i also have more confidence in their teams now that they have experience with failures
See Activision Blizzard, Inc (ATVI) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades.
Glyph11-Oct-19 03:02 PM
their long term was right
newby11-Oct-19 03:02 PM
(there's another take on the sell side aggregation)
so one author on one site should not be a reason to stop using a resource
Glyph11-Oct-19 03:02 PM
i like to do quicker stock sales to mnake a buck and keep up on the market(edited)
newby11-Oct-19 03:03 PM
short term sales result in short-term capital gains fwiw
Glyph11-Oct-19 03:03 PM
kinda liek day trading i guess
newby11-Oct-19 03:03 PM
you pay a lot more on profits than you would if you hold for a year+
Glyph11-Oct-19 03:03 PM
yeah true
newby11-Oct-19 03:03 PM
it's also a little harder ^^
Glyph11-Oct-19 03:03 PM
i was gonna go all out in adobe but bad press made me not
and now they are way up
newby11-Oct-19 03:03 PM
(gotta keep a pulse on the market, know when to buy in/pull out)
TA can help w/ assessing short term moves
run backtests with different indicators on acompany's financial history, see if any indicators are useful/line up to movements, try and play it moving forward
Glyph11-Oct-19 03:04 PM
be more analytical basically eh
newby11-Oct-19 03:04 PM
(since this is all fake money there's little risk ^^)
yes
either analyze the historical movement of the company, or dig in and build a model that values the company in question
3 of the 4 involve just looking at the market, 1 involves actually digging in/projecting out cash flows so you can value the company as it stands today
(2 of the 4, the other is an LBO analysis which i wouldn't dig too much into)
Glyph11-Oct-19 03:05 PM
this is cool
newby11-Oct-19 03:05 PM
^^
Glyph11-Oct-19 03:05 PM
its crazy how people put out this much information on investing
youde think they would want to hide that information
newby11-Oct-19 03:05 PM
^^
nope
as mentioned earlier, sell side people want to move stocks
their incentivized to get people to buy w/ their reports
they're**
Glyph11-Oct-19 03:06 PM
ahhh
newby11-Oct-19 03:06 PM
also w/ public companies, prtty much everything financial has to be pucli
public**
( so in terms of picking public market winners, you'll always have access to a TON of publi information - private companies is not the case at all)
(but you can't make bets on private companies on the market so ^^)
Glyph11-Oct-19 03:07 PM
i feel like getting into all this has opened a new door witrh picking better companies to work for or figuring out the anatomy of a good business decision
as far as PR is concerned anyway
newby11-Oct-19 03:07 PM
well
this is all shit to value a company in terms of the equity they're offering
not necessarily indicative of the culture/success/experience you'd have internally
Glyph11-Oct-19 03:08 PM
oh true
just because theyre makign alot foesnt mean that youll also be making alot
newby11-Oct-19 03:08 PM
^^
yup
Glyph11-Oct-19 03:08 PM
unless ofc you have stocks witrh them
newby11-Oct-19 03:08 PM
;)
Glyph11-Oct-19 03:08 PM
and can you even at that point
newby11-Oct-19 03:08 PM
if they're public absolutely
Glyph11-Oct-19 03:09 PM
i feel liek there would be a confluict of interest
newby11-Oct-19 03:09 PM
a lot of companies give you access to RSUs/ESPP (stock purchase program)
Glyph11-Oct-19 03:09 PM
if you know insider information about the company youre investing with
newby11-Oct-19 03:09 PM
when you join/are an employee
oh yes
BUT
you can never act on that
Glyph11-Oct-19 03:09 PM
interesting
newby11-Oct-19 03:09 PM
EVER
does not matter if you have it
you can't act on it
if you do, the SEC forfeits your winnings/fines you, and bans you from trading
Glyph11-Oct-19 03:09 PM
:O
newby11-Oct-19 03:09 PM
so yeah, there's a conflict of interest, but usually you're OK
Glyph11-Oct-19 03:09 PM
so they just have to prove you do in fact have insider info
newby11-Oct-19 03:10 PM
yes
like, if you worked at a company
Glyph11-Oct-19 03:10 PM
which if you WORK for them wouldnt be very hard to prove in court
newby11-Oct-19 03:10 PM
and bought a bunch of stock before an announcement
thye'd probably come after you
yes
Glyph11-Oct-19 03:10 PM
ah
newby11-Oct-19 03:10 PM
exactly ;)
Glyph11-Oct-19 03:10 PM
thats lame, what if you just happened to buy it one time and it skyrockets
which is kinda related to trading when there's insider info at all times
Glyph11-Oct-19 03:12 PM
thats what i was looking for i think
newby11-Oct-19 03:12 PM
Under Rule 10b5-1, directors and other major insiders in the company—large shareholders, officers, and others who have access to MNPI—can establish a written plan that details when they can buy or sell shares at a predetermined time on a scheduled basis. It is set up this way so that they are able to make these transactions when they are not in the vicinity of material insider information.
basically you cron your purchases
so that they're always happening at some frequency
Glyph11-Oct-19 03:12 PM
predestined and such
newby11-Oct-19 03:12 PM
and there's NO way the news shifted/caused it
yes
e.g. if i buy the first of every month
and we have some announement on the 30th
i probably didn't act on it
cuz i've been buying on teh first of the month for years!
Glyph11-Oct-19 03:12 PM
so as logn as you have a pattern
newby11-Oct-19 03:13 PM
For insiders to enter into a Rule 10b5-1 plan, they must not have any access to MNPI regarding anything about the company as well the company’s securities
MNPI = material non-public information
fwiw
(private information that is statistically significant/will impact the company's value)
Glyph11-Oct-19 03:13 PM
hmm
thats kinda lame
cant be listening or have knowledge of investor meetings
i mean thats kinda relative
what if you just know today is an investor meeting
and these key figures are walking in
the meeting leader has a smile
newby11-Oct-19 03:14 PM
as long as you weren't in that meeting
you're good
Glyph11-Oct-19 03:14 PM
ytou can kinda guess
newby11-Oct-19 03:14 PM
haha
hmm
not sure how that excuse/logic would work
but since that's not exactly material information
you'd probably be OK
Glyph11-Oct-19 03:14 PM
dope
newby11-Oct-19 03:14 PM
you'd still have to deal w/ the accusation/get interviewed
if you acted on it though
(and if you understand what insider trading is, and tried this anyway, they might try to nail you for it, since you understood it cuold be )
Glyph11-Oct-19 03:15 PM
but i called my investing agent and told him to invest before the meeting was over
newby11-Oct-19 03:15 PM
^^
Glyph11-Oct-19 03:15 PM
wait, howed you know the meeting was over
newby11-Oct-19 03:15 PM
but you knew people were meeting, knew it was a key meeting
etc
Glyph11-Oct-19 03:15 PM
yeah
newby11-Oct-19 03:15 PM
in any case
you could have been wrong about it, and htey wouldnt' care then
they only care when your bets win ;)
Glyph11-Oct-19 03:15 PM
true
newby11-Oct-19 03:15 PM
also if you're always winning
they're gonna come after you
because nobody just wins every investment
so expect shit to lose
Glyph11-Oct-19 03:16 PM
that sucks
im scared of the stock market irl
unless i have like 10 grand to just blow
newby11-Oct-19 03:16 PM
ya
it's just a gamble anyway
i also don't fuck w/ the market
i have some stocks but i let them sit
no point in day trading
Glyph11-Oct-19 03:16 PM
my boss asked me about investing
i said put it in nvidia
newby11-Oct-19 03:16 PM
i have a FT job that prevents me from doing personal due diligence
LOL
Glyph11-Oct-19 03:17 PM
and now hes making bank
hes liek thanks man
im like yeah np i dont know shit about the stock market
newby11-Oct-19 03:17 PM
i interviewed at nvidia last feb (2018) and got a TON of RSUs in my offer
Glyph11-Oct-19 03:17 PM
glad it weorked
newby11-Oct-19 03:17 PM
i think it translated to like 200k in cash at the time
Deliver a virtualized modern desktop or apps to any device. Windows Virtual Desktop combines the scale, security, and cost benefits of Azure and Microsoft 365.
newby11-Oct-19 03:23 PM
oh word
oct 24 2019 M$ does earnings
Glyph11-Oct-19 03:23 PM
i think davnit shared the article
newby11-Oct-19 03:23 PM
couldn't hurt to take a gamble right before they announce shit
^^
they seem to kill it every quarter
Glyph11-Oct-19 03:24 PM
eh they are at a high end for the last year
newby11-Oct-19 03:24 PM
Glyph11-Oct-19 03:24 PM
kinda sketchy
newby11-Oct-19 03:24 PM
regular double digit % surprise
on EPS
(not that that has any valid/definitive meaning that says "WOW TAKE A BET" but it's a metric a lot of people use to value the company)
Interactive Chart for Microsoft Corporation (MSFT), analyze all the data with a huge range of indicators.
then ytd
looks liek a bad idea imo
if it drops again ill prolly do it
idk
newby11-Oct-19 03:26 PM
=P
YTD doesn't necessarily mean a Lot
fww
just a view of the world
Glyph11-Oct-19 03:26 PM
yeah true
economy scales
hmm
maybe i should step back
ok i foun da new project
take YTD of all tech companies
and make a number average on dips and rises
and maybe have sub sections with tech sub-classes
i.e. video cards, gaming, etc
tags for each stock
does anyone offer csv's of ytd trades
eff doing that by hand
newby11-Oct-19 03:28 PM
;)
um
sec
and make a number average on dips and rises
this won't necessarily help you with future predictions, you're just looking at numbers in an abstract, but you have the right idea
you should log transform the numbers you'reworking with, so differences in them are transformed to be relative (e.g. you don't care if a stock goes from 50 to 100, or 500 to 1000, you want to know the relative 2x increase)
and maybe have sub sections with tech sub-classes
YES
Glyph11-Oct-19 03:29 PM
ooo
newby11-Oct-19 03:29 PM
tag and bucket your companies in as amny as you can
and take cuts across them
do the same analysis
see if you can spot a trend that's specific to one of your tags
100000% this
does anyone offer csv's of ytd trades
you can just get a company's full financial history
or maybe a better idea is to enter relevent tables and rows to take in pandas
newby11-Oct-19 03:47 PM
^^
oh if your .sql file is a command i suppose it'd work
(i assumed it was like, tables/a sql db)
Glyph11-Oct-19 03:48 PM
yeah
i mean basically give it the exported sql db
tables/rows/columns intact
thjen have it sort each one, ask for user inpuit what the new names should be or left as
then export as a chart or graph
then print and goto meeting
newby11-Oct-19 03:49 PM
yup
Glyph11-Oct-19 03:50 PM
i feel liek this would bne a huge project
gd
newby11-Oct-19 03:53 PM
^^
it would
Lord Eric13-Oct-19 10:48 AM
Um.. guys. This is what R is for....
newby13-Oct-19 11:21 AM
yeah, but then you're writing R
Lord Eric13-Oct-19 11:26 AM
R is meant for statistical analysis. There are even AI learning algs. Some of the advanced investors at my Enterprise use it. Dumb as hell to try to re-invent that...
newby13-Oct-19 11:27 AM
oh fair point i hadn't considered that
Lord Eric13-Oct-19 11:27 AM
Or you can buy a Matlab license lol
newby13-Oct-19 11:27 AM
LOL
now i know you're fucking with me
-_-
may as well just use mathematica
Lord Eric13-Oct-19 11:28 AM
Now I am, but R is legit, free and open
newby13-Oct-19 11:28 AM
yes, aware of what R is/how it works
if I really wanted to leverage some aspect of R I'd probably first try loading it via rpy2 into python
not trying to learn a real odd syntax for very little gain/benefit
(though i feel like i'd have the respect of a bunch more PhDs if i did, so maybe it's worth doing to appease those snobby bastards ^^)
Lord Eric13-Oct-19 11:30 AM
It really depends you have specific datasets you want analyzed. Can't really just throw data and say give me winning stock picks
Red Hat’s finance chief Eric Shander has been dismissed from the company, forfeiting a $4 million retention award that was agreed to ahead of Red Hat’s acquisition by International Business Machines.
Like all technical indicators, the cup and handle should be used in concert with other signals and indicators before making a trading decision. Specifically with the cup and handle, certain limitations have been identified by practitioners.
translation: "this is a meaningless measure on its own, make sure to synthesize various ones so that when your trading strategy blows up in your face, you're unsure as to which one caused your downfall"
Shares of Synthesis Energy Systems Inc. soared 344% on very heavy volume toward a 15-month high, and have not rocketed 13-fold in two sessions. Trading...
#1 in this is like #1 in mario kart... unless you're #1 right before the end, you just have the biggest bullseye on you.
but nice work re: your trades, that's a lotta trades haha
how are you picking securities? general sentiment + supplementing that with news/metrics about your picks as you go?
(genuine curiosity cuz this is somewhat interesting to me)
Lord Eric15-Oct-19 05:38 PM
Mainly just some quick googling with diversity in mind and trial/error
Lord Eric16-Oct-19 03:49 AM
Since it's a game, you can play around virtually carefree. I'm kind of seeing slow and steady seems to keep me in the lead. When I hedge my bets on something either buy/short, I seem to end up losing.
newby16-Oct-19 10:32 AM
^^
slow and steady is hte move
find shit you believe in, buy into it, let its value naturally realize and you = rich
Glyph16-Oct-19 10:33 AM
So much for 2nd place
newby16-Oct-19 11:21 AM
300+ days remaining
nbd
Glyph16-Oct-19 11:29 AM
Yeah, I said ide take 2nd today but nooooppee
Jimmy comes out of nowhere(edited)
Lord Eric16-Oct-19 11:33 AM
anybody trade mutuals irl? curious if it actually takes a full day like it does in the game.
Jimmy is also artificial first. He joined later and bought-in on a down turned market.
newby16-Oct-19 11:34 AM
lol sikrus might, i don't think any trades take this freakin long
^^
and yeah i just bought an index fund that tracks the overall market
i just wanted to have cash function as a baseline to see how trades do relative to the market, and i wanted to short things
but i'm losing motivation re: the second
Lord Eric16-Oct-19 11:35 AM
Yep. I did too, bitch! I threw some down on the same index so I can try to keep match.
newby16-Oct-19 11:35 AM
hell yeah
damn everyone over 100k
that's awesome
Lord Eric16-Oct-19 11:36 AM
Interesting we can see each other's trades. I can try to match.
newby16-Oct-19 11:36 AM
yeah
makes it more fun ^^
(you can copy some moves, but when the end game is winning, if everyone has the same moves/portfolio there's no point)
just whatever you do don't sink money into gold
LOL
Lord Eric16-Oct-19 11:37 AM
lmao
or follow mysts strategy and place everything in amazon
like do everything @Myst does but the opposite.
newby16-Oct-19 11:39 AM
believe in bezos
Lord Eric16-Oct-19 11:40 AM
he's going to get us to mars
wait, that's the other dude who has a risky stock
lol
Davnit16-Oct-19 11:41 AM
yea bezos still needs to get off earth
Lord Eric16-Oct-19 11:44 AM
why are you losing motivation @newby
newby16-Oct-19 11:45 AM
Lord Eric16-Oct-19 11:46 AM
make larger bets. ain't your money.
newby16-Oct-19 11:48 AM
i should calendar all these earnings calls w/ notifications, so i can keep in the loop w/o much effort
part nihilistic tendencies, part work building up => the loss of motivation, but yeah, all i really wanna do is try shorting these stupid startups that went public (e.g. lyft)
Lord Eric16-Oct-19 11:50 AM
lmao
I don't think anyone else takes the game that seriously. Though if you're practicing for irl day trading this seems pretty cool overall.
raylu16-Oct-19 11:54 AM
@Lord Eric yeah, mutual funds settle once a day (ETF settle every second)
newby16-Oct-19 11:55 AM
yeah i basically wanna practice shorting stupid ideas with fake money, since the downside to shorting is unlimited and could theoretically ruin my life =P
raylu16-Oct-19 11:56 AM
I mean, at some point you exit the position, either because you don't want to lose more money or you can't make a margin call
(also, if anyone hasn't watched "the big short" https://youtu.be/vgqG3ITMv1Q, it's greeeeeat. it's about the subprime mortgage collapse of 2008. there's another movie called "margin call" about it but that one is drier)(edited)
1
but you can only lose as much money as you have :P
Lord Eric16-Oct-19 12:03 PM
irl, when you short you actually can set a limit for how much you're willing to lose before it auto sells.
for some reason the game doesn't have the limit option.
also, we can't bet on futures which is where you can make as much as a house or lose your house in a single trade in a day.(edited)
Shares of Adobe Systems Inc. are off 3.6% in Wednesday trading after Citi Research analyst Walter Pritchard cut his rating on the stock to neutral from buy....
newby17-Oct-19 04:43 PM
=P
not a huge slump
but yeah
raylu17-Oct-19 04:43 PM
I am still surprised this sort of thing affects prices
newby17-Oct-19 04:44 PM
investors are highly irrational
well not highly
in the short term the market's a voting machine, long term it's a weighing machine ^^
Glyph17-Oct-19 04:49 PM
i suppsoe its been worse
newby17-Oct-19 05:02 PM
^^
yes
not more than a month ago
that's why peoploe look at things like moving averages, high/low over perriods
Amazon was considered a front-runner for the cloud computing project before President Trump began criticizing the company’s founder, Jeff Bezos.
newby25-Oct-19 06:05 PM
48k/yr would be insane
lmao
with a starting investment of 100k, making 48k on the year is $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
re: the S&P
According to historical records, the average annual return since its inception in 1926 through 2018 is approximately 10%. The average annual return since adopting 500 stocks into the index in 1957 through 2018 is roughly 8% (7.96%).
if you were returning 48%
you would have every single person in the world lining up to invest your money
lol
could charge whatever fees you wanted
Myst25-Oct-19 06:15 PM
yeah knew microsoft would bounce up
Glyph25-Oct-19 06:15 PM
i mean thats where we are trending
Myst25-Oct-19 06:15 PM
won contract and their earnings up
Glyph25-Oct-19 06:16 PM
sucks for amazon
im sure theyll come up with somehting though
Hopefully Amazon doesn't get it after all
Lord Eric25-Oct-19 06:31 PM
My company is going largely azure; not exactly a surprise.
Myst25-Oct-19 06:31 PM
i assume cause your near amazon hq region
Lord Eric25-Oct-19 06:33 PM
Azure is ms
Myst25-Oct-19 06:37 PM
what am i thinking of
Lord Eric25-Oct-19 06:38 PM
Amazon Web Services AWS
Myst25-Oct-19 06:41 PM
right
newby25-Oct-19 06:58 PM
boo azure
Lord Eric25-Oct-19 07:10 PM
It's mainly for DR but the CEO did buy into the cloud crap so we've got a lot of focus on OneDrive and O365
Pissed me off because it killed my HUP
raylu25-Oct-19 09:34 PM
hup?
Lord Eric25-Oct-19 09:56 PM
Home Use Program. Gets you almost the full office suite for $15
Myst28-Oct-19 08:58 AM
$
Glyph28-Oct-19 09:06 AM
Wtf
Myst28-Oct-19 09:19 AM
yall need to read the newspaper everyday
like warren buffet
shathan28-Oct-19 10:33 AM
i think the home use program is getting discontinued for a subscription based one
Lord Eric28-Oct-19 11:01 AM
didn't use to be. you'd get full pro.
we're all making bank today. @Myst just got in the game and made some trades.
Myst28-Oct-19 11:09 AM
Busy season. Lucky you playing me now than last year
Lord Eric28-Oct-19 11:13 AM
I'm actually just idling right now. diversifying seems to be a pretty good strategy for irl.
when it tanks, I should get less of a hit.
Though my indexs/mutuals are sucking.
newby28-Oct-19 11:19 AM
wow myst is killing ie
it*
diversifying seems to be a pretty good strategy for irl.
yes
lower ceiling higher floor
Myst28-Oct-19 11:57 AM
Be prepared for the tech crash
Over valuations
Diversify
Toothpaste stocks etc
shathan28-Oct-19 11:57 AM
be prepared for the next recession any day now
Myst28-Oct-19 11:57 AM
Proctor gamble
Johnson Johnson
Home Depot
Caterpillar
Glyph28-Oct-19 12:08 PM
atvi and ttwo just went down quiote a bit
ttwo not so much
raylu28-Oct-19 03:02 PM
but do you not think the "tech crash" is already priced into tech stocks?
Lord Eric28-Oct-19 03:04 PM
That doesn't make much sense. You'd try to get as much water out of the well as you can before it runs out.
Hence why stocks can become overvalued.
raylu28-Oct-19 03:13 PM
tech stocks could be overvalued right now
but it's also possible everyone else thinks the same thing about the "tech crash" and has driven the price down to the level they think it will crash to
put another way: what makes you think a bunch of people haven't come by and emptied the well already?
Lord Eric28-Oct-19 03:21 PM
because see myst's results today.
raylu28-Oct-19 03:22 PM
can't see nothin' :P
newby28-Oct-19 03:36 PM
but do you not think the "tech crash" is already priced into tech stocks?
the pending tech crash is priced into the value of the stocks?
Market efficiency theory states that if markets function efficiently then it will be difficult or impossible for an investor to outperform the market.
Lord Eric28-Oct-19 03:43 PM
Take the lesson from the Great Depression. It was already known the market was overvalued, but everyone kept buying in, until one day...
raylu28-Oct-19 03:43 PM
one day everyone learned about efficient markets and then we stopped doin' that shit?
Lord Eric28-Oct-19 03:44 PM
nope. same thing happened in 08 but to a lesser scale.
raylu28-Oct-19 03:44 PM
I think the '08 crash was a lot more complicated
Lord Eric28-Oct-19 03:45 PM
It was in the full scope, but we're only talking stocks.
Housing market had been very well known to be overvalued for quite some time.
didn't lower the stock prices until the kaboom.
newby28-Oct-19 03:49 PM
^^^^^
Lord Eric28-Oct-19 04:35 PM
Thinking about it, it may even work in reverse. When the big investors know a stock may tank they want it to go as high as they can get it before they cash out. Kind of how it works in the movie Wall Street.(edited)
newby28-Oct-19 04:43 PM
do you mean they'd continue to buy into it in hopes of driving the price up? if you speculate a stock's gonna tank, you generally don't go sticking money into it. that's sounds like some hedge fund shit, most institutional investors wouldn't double down/buy into a stock they believed was gonna die, they'd start selling out of it. haha. reduce your exposure!
Lord Eric28-Oct-19 05:01 PM
It depends. Stock is often times highest before a crash. The bet is when to back down.(edited)
newby28-Oct-19 05:21 PM
^^
Glyph29-Oct-19 04:11 PM
Rip all my stocks
Lord Eric29-Oct-19 04:19 PM
newby29-Oct-19 04:22 PM
it happens ^^
any given day!
Lord Eric29-Oct-19 04:23 PM
except saturdays, sundays, select holidays and during national emergencies.
newby29-Oct-19 04:23 PM
nice
Lord Eric30-Oct-19 12:09 PM
Fed cut rates again.
newby30-Oct-19 02:09 PM
damn wtf @Myst
#1
kill inti
killin it * ^^
Lord Eric30-Oct-19 02:27 PM
wait for it. he's going to get slaughtered soon.
newby30-Oct-19 02:48 PM
although in all fairness i'd love to see everyone here fuckin' kill it with their trades/strategies
even if by sheer luck
Lord Eric30-Oct-19 03:03 PM
who is lucas
Glyph30-Oct-19 03:07 PM
fapiko
Lord Eric30-Oct-19 03:22 PM
ah. he's not doing so well.
Glyph30-Oct-19 03:23 PM
i was scared for am onuite there
i was at like $200 at one point
Lord Eric30-Oct-19 07:10 PM
@newby I just want to beat @Myst lol
newby30-Oct-19 07:12 PM
let the market normalize, you'll catch him, you and glyph seem better set up for success
^^
myst and fappy just riding a wave of goodness that everyone is benefiting from
Posted in r/videos by u/The_Bacon_Reader • 3,514 points and 621 comments
Glyph02-Nov-19 11:12 PM
oh my god
Myst02-Nov-19 11:55 PM
if you think about it
alot of the wealthiest people took some kind of risk, to get their wealth
Lord Eric03-Nov-19 12:11 AM
probably not a good idea to short apple on a hunch using 10s of thousands of dollars you don't have though. I actually really hope this was a gag or something otherwise... just god damn. @Myst(edited)
The other streamers are focused on big TV shows that will draw sustained interest, and the studios are putting bets on easily adapted properties filled with spandex and CGI.
what a line (from Netflix article)
Glyph05-Nov-19 01:18 PM
Oh boy
shathan05-Nov-19 01:28 PM
i think it's interesting netflix did the $20 billion dollar bond recently, that will probably tank them in the next recession if not sooner
there content is pretty shit in my opinion
Glyph05-Nov-19 01:32 PM
I stggle to find good content on there anymore. Pretty much sticking to torrents and Plex now
Just like the old days
shathan05-Nov-19 01:59 PM
yep
i have high hopes for the disney+ exclusives
Lord Eric05-Nov-19 02:16 PM
@raylu That's what that idiot kid that lost 50k did.
raylu05-Nov-19 02:18 PM
I figured
Glyph05-Nov-19 02:19 PM
Considering doing something crazy on marketwatch
Make a second account, short all the stocks.
Best way to learn is to fail right?
said the apple kid
raylu05-Nov-19 03:38 PM
short all of what stocks? for how long?
why marketwatch? just backtest with something like quantopian
Glyph05-Nov-19 03:42 PM
Interesting I didn't know that was athing
Just random stocks I feel I want to short to test personal process effeciency
If I'm wrong I can figure out roughly why
Over time anyway(edited)
Lord Eric05-Nov-19 04:01 PM
Shorting is so risky you can't really strategize it unless there is something huge going on.
Like if British Oil has an off shore site that blows up
or during the whole samsung phones catching fire thing
Lord Eric05-Nov-19 04:36 PM
@raylu What I love most is not that the kid lost 50k, he faces potential legal prosecution for securities fraud.
The mark-to-market profits Uber shorts logged in two days is about 43% of their year-to-date returns of $640 million, according IHS Markit data.
Lord Eric06-Nov-19 01:05 PM
Can someone ELI5 why Uber is one of the most popular commuter services around but can't turn a profit
Davnit06-Nov-19 01:19 PM
i'd say its popular because its cheap but being cheap makes it not profitable
shathan06-Nov-19 01:24 PM
yeah the business plan is terrible undercut the market in an attempt to monopolize
you think we would have protections against such predatory idiotic business practices, but we don't. Look at what happened to toys'r'us in the us, glad I still got my toys'r'us christmas book in Canada
Lord Eric06-Nov-19 01:38 PM
Amazon did this for a long time and ended up dominating.
raylu06-Nov-19 01:47 PM
I think there's a bunch of factors. competition (lyft, other modes of transport) and being stuck in a growth phase (bay area software engineers aren't cheap)
but like, if they get their self-driving car working, it'll all be worth it, y'know?
(assuming cruze and every other company with a self-driving car initiative doesn't beat them to the punch)
Reddit’s Wall Street Bets group learned a valuable lesson in responsible investing this week and, after years of encouraging and celebrating extreme...
With most of the positives priced into Activision Blizzard stock, the risk for a disappointing earnings report dropping the share price is surprisingly high.
Lost out on that bet, damn. Hoping q3 pulls better (for next year)(edited)
Lord Eric08-Nov-19 03:52 PM
well yeah duh
why bet on a company everyone currently hates?
might as well invest in flint water.(edited)
Glyph08-Nov-19 03:54 PM
I was up lol
Because new announcements
D4 ow2 etc
Ttwo and Sony are my other 2 bets
Lord Eric08-Nov-19 04:12 PM
a risk taker
Glyph08-Nov-19 04:34 PM
biggest gains have the biggest risk eh
Lord Eric08-Nov-19 04:37 PM
so do the biggest losses(edited)
Glyph08-Nov-19 04:40 PM
which in itself is a strategy based on bollinger bands eh
atvi was much higher than it should have been, maybe there were ideas of people getting a solid game released, next year it will happen again(edited)
Streaming giants and cable companies, led by Netflix (NFLX) and HBO, are reportedly considering ways to crack down on password sharing among streaming users. Netflix Co-Founder & First Netflix CEO Marc Randolph joined Yahoo Finance’s YFi PM to discuss.
Myst13-Nov-19 06:54 PM
looks at stocks
was gonna buy disney also
but thought nah last sec and picked roku
shouldve done both
lets think
who has the most market share for streaming related tech
and
who will hold that into the future
also lets thin
think
Battle of the Bundles
hows it gonna work, whos gonna be the best
is a company gonna get a deal with them all ?
!!! who knows
thats the research need to be done
or create ourselves
i think disney needs to buy a tv channel type company
and buy like starz or something
and get real non kid type shows
i still think netflix will be King for the next decade
but Disney i think will overtake Amazon Prime
Glyph13-Nov-19 09:55 PM
what was the deal between dropbox and google drive again?
dropbnox is talkign about getting trello boards
Myst13-Nov-19 11:19 PM
dunno
but disney bout to win NFL rights for streaming
Lord Eric13-Nov-19 11:32 PM
NFL has their own streaming service.
shathan14-Nov-19 09:28 AM
for the most part disney content isn't shit really helps them. netflix is just spending $20 billion on shit content and hoping something sticks. netflix quality reminds me of direct to vhs/dvd.
Step inside the pitch meeting that led to Disney Plus! Subscribe for more Pitch Meetings: http://goo.gl/ho3Hg6 Check out our friends at Braniac: https://yout...
The home-improvement retailer earned $2.8 billion in the third quarter.
RIP me.
Glyph19-Nov-19 04:01 PM
damn
Myst19-Nov-19 06:01 PM
Literally was gonna buy some cause of qaurtly announcements
Myst21-Nov-19 08:43 PM
get air fryer stocks
Lord Eric21-Nov-19 10:32 PM
was thinking of buying crystal glassware stock, @Myst
Myst21-Nov-19 10:43 PM
thats a horrible idea, why would you do that
Lord Eric21-Nov-19 10:48 PM
i've heard a lot of people like fine glassware(edited)
Myst21-Nov-19 11:09 PM
you should probably invest in something you know, like, breathable underpants for people who dont move all day
Lord Eric21-Nov-19 11:09 PM
great advice man. I'll ask your mom.
Myst21-Nov-19 11:10 PM
if you want, tommorow, you can come out with me while i capture the lynx on the canadian tundras
bring your own lens
Lord Eric21-Nov-19 11:13 PM
how long will it take you to push your car there
do you do that dracula sesame street thing
1 mile hahaha
2 miles hahaha
do you need snow tires when pushing a car?
also, the canadian tundras are pretty isolated
what are you doing for water? drinking your own urine?
I can get you some glassware
@Myst, I'm sending your mom back to you to help. She can provide urine to share.
@Myst, I have some dry ice. do you prefer urine hot or cold?
@Myst, I know you like to joke, but the Lynx is endangered. You literally just confessed to a felony. I guess you can reclaim the urine from your breathable underwear.
@Myst, I no longer wish to associate myself with you as your are one sick fuck.
Davnit21-Nov-19 11:58 PM
Lord Eric22-Nov-19 01:16 AM
@Myst, I can now successfully get you to put the pacifier back in your mouth after only a few lines of trolling. I consider this a victory. I will no longer continue to provoke you into my web as of now. However, if you continue to troll I will be forced to anti-troll your trolls in the future.(edited)
Myst22-Nov-19 04:18 AM
^ rants of a 32 year old online, ladies and gentlemen.
Ktbpa
Lord Eric22-Nov-19 04:23 AM
glad to see you got your car battery started again so you could get back online.
Myst22-Nov-19 04:29 AM
do you not sleep>
jesus, have you been staring at screen waiting for me to reply this whole time
Lord Eric22-Nov-19 04:30 AM
vampire
Myst22-Nov-19 04:30 AM
im sorry
in other news, im bout to do a yolo move in stocks
once this market opens
may die
Lord Eric22-Nov-19 04:30 AM
kind of easy when you have 4 monitors to have all kinds of stuff running
sorry you can't afford.
man you must actually really be poor with a bad job to not know multi mon
even at work I have 3 lol
You can make your trades now. They'll finalize at open.
Davnit22-Nov-19 09:12 AM
myst has a laptop
if y'all could keep the bickering to the generic channels that would be great
@Davnit Just to clarify. It is specifically mentioned in the description of this channel that this channel can be used for discussions of anything about making money and financial success. @Myst's failures in this area should qualify because the rest of us can learn by example.(edited)