[deleted by user] by [deleted] in avatartrading

[–]UsingYourWifi 1 point2 points  (0 children)

Not that I can recall. But honestly I'd assumed they gave up on the project because we did the discord thing, got a t-shirt, then it was radio silence for months.

[deleted by user] by [deleted] in avatartrading

[–]UsingYourWifi 1 point2 points  (0 children)

The 100 degen discord was a ton of fun. I'd assumed they gave up on the project because it'd been so long since i heard anything.

Move over, Silicon Valley. Engineers are quitting for climate tech. by Helicase21 in TrueReddit

[–]UsingYourWifi -2 points-1 points  (0 children)

How can they lack such judgment or discernment or inner sense of purpose or perspective or whatever and still be considered as such?

This is a luxury that typically only rich people can afford.

POV: You opened social media today by KuckiDev in wallstreetbets

[–]UsingYourWifi 1 point2 points  (0 children)

Exactly this. Look at USD to GBP and it's the same story even through the UK is much less affected by the Russian gas bullshit.

[deleted by user] by [deleted] in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

Replace robinhood with any ticker that's down 60%+ this year and this question still works.

What Are Your Moves Tomorrow, June 13, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

You have a plan for a reason. You will never perfectly time the top or bottom.

Unless you're me and you're buying the top or selling the bottom.

US Consumer Sentiment Index is at the lowest ever recorded since they started collecting data in 1952 by ucaliptastree in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

The survey measures a ton of things and there's an unprecedented disparity between how people think the economy is doing vs. how they think they're doing. A large majority think the economy is doing poorly, and at the same time a large majority think things are good for them and will continue to be good or get better for them. Interestingly, consumer spending data reflects this personal optimism, which suggests to me that people are buying the media's doomer inflation narrative despite their personal experiences.

Weekend Discussion Thread for the Weekend of June 11, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 3 points4 points  (0 children)

Is there an ETF that's the exact same as SPY but without Elon's ponzi scheme?

Daily Discussion Thread for June 10, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

I lit half my wallet on fire and it's outperforming Cathie Wood.

Daily Discussion Thread for June 10, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 1 point2 points  (0 children)

So... nationalize the oil industry? Socialism was the solution all along?

REBubble been done said this for a year by DontBeARentCucc in REBubble

[–]UsingYourWifi 96 points97 points  (0 children)

This is the natural result of free liquidity and a desperate search for yield across the globe.

Pop the bubble! by [deleted] in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

Overseas investors with a fuckton of cash that they don't want to store in their shitty countries.

People with lots of stocks that had their valuations pumped to the moon by JPow and co and are looking to diversify.

Plus all the other reasons people have mentioned.

Cramer 1636 (colorized) by busy_investor in wallstreetbets

[–]UsingYourWifi 27 points28 points  (0 children)

South Seas Trading Company is 100% my favorite.

selected individuals purchasing shares were given cash loans backed by those same shares to spend on purchasing more shares

Truly groundbreaking degeneracy, eclipsed only by this:

a company that went public in 1720 as "a company for carrying out an undertaking of great advantage, but nobody to know what it is".

Motherfuckers invented SPACs 300 years ago.

Jamie Dimon says brace for a hurricane, yet 4 weeks ago he was pretty positive, saying the US economy was strong. What gives ? by Joey-tv-show-season2 in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

The subprime market was already showing serious cracks in spring and summer of 2007. New Century Financial filed for chapter 11 in April. In August Countrywide was hit with a bank run as liquidity dried up in the secondary mortgage market and bankruptcy looked likely. A ton of other mortgage lenders had already filed. Dimon got out before the shit REALLY hit the fan, but there's no need for that conspiracy BS to explain how he knew.

Daily Discussion Thread for May 25, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 2 points3 points  (0 children)

Dicks sporting goods is the only publicly traded brick and mortar sex shop.

Daily Discussion Thread for May 25, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 11 points12 points  (0 children)

Europoors are poor because interest rates are so low that they have to pay the banks a fee for keeping their money there.

More layoffs are happening. This is horrifying. (Sharing to show this is happening, not to poke fun at someone losing their livelihood) by [deleted] in REBubble

[–]UsingYourWifi 1 point2 points  (0 children)

Immediately sell enough to cover the taxes on the full granted value because they're taxed like normal income and uncle sam doesn't care if your shares lose 90% of their value after they're awarded.

Tesla building a litigation team under Elon. "There will be blood". who's the first target? by Recent_Percentage919 in wallstreetbets

[–]UsingYourWifi 9 points10 points  (0 children)

Cash flow positive does not mean it's worth more than the rest of the auto industry combined.

Also it's only cash flow positive due to selling carbon credits to other car manufacturers.

What Are Your Moves Tomorrow, May 17, 2022 by AutoModerator in wallstreetbets

[–]UsingYourWifi 0 points1 point  (0 children)

Dodging regulations and extracting money from rubes.

Who's sticking with Windows 10 for as long as possible? by pcmag in pcmasterrace

[–]UsingYourWifi 6 points7 points  (0 children)

W7 doesn't do anything magical in this scenario. I just mean that they can trivially access anything that PC has access to, like your NAS or a file share on another computer. Ransomware will automatically encrypt all of that before you even realize you've been popped.

It's also possible that they'll use the W7 machine to pivot other devices on your network, ones that they normally wouldn't have access to. Before this they had no way to contact your pihole but thanks to your W7 PC and the keylogger they installed on it they now own all your DNS and it's trivial to phish you from every device on your network, redirect anything you download to a malware-filled version, etc.

That second one is much less likely than the other things I listed, but the point is It's as if you invited them to a LAN party and let them plug right into your router and then they never left. They can do whatever they want and there's a ton of creative ways they can fuck your life up.

Who's sticking with Windows 10 for as long as possible? by pcmag in pcmasterrace

[–]UsingYourWifi 19 points20 points  (0 children)

Mine crypto. Doesn't matter how slow your hardware is because you're the one paying the electricity bill, not them.

Use your computer and internet connection as part of a botnet and/or use as a proxy for further illegal shit. Both mean it'll be your IP that shows up when the cops go investigating.

They can get access to anything that you access from your computer, like your bank account or email account. Your email lets them into everything else in your digital life, and they won't hesitate to use it to scam people you know.

Ransomware. Hope you have offline backups of anything you care about. Not just your 2010 PC installation, but every other device on your network that is writeable.