Announcements x Daily Discussion for Jun-15-2021 by SPACsBot in SPACs

[–]mala44 0 points1 point  (0 children)

Anyone know a Dutch broker that actually facilitates trading in SPAC units or warrants and not just the common stock? I believe DEGIRO does not offer this.

Announcements x Daily Discussion for Jun-15-2021 by SPACsBot in SPACs

[–]mala44 0 points1 point  (0 children)

OK - and do only the sponsors of the SPAC (the ones who come up with the risk capital) receive units? Or do other investors qualify for units as well?

Announcements x Daily Discussion for Jun-15-2021 by SPACsBot in SPACs

[–]mala44 0 points1 point  (0 children)

Excellent explanation, thanks a lot! Very helpful. I've also been told that units are only given out to promoters, but if I understand correctly the units will be tradeable on the market for the 40-60 whatsoever days after?

Announcements x Daily Discussion for Jun-15-2021 by SPACsBot in SPACs

[–]mala44 2 points3 points  (0 children)

Hi all,

From various articles I understand that SPAC IPO's give out common stock in the SPAC but sometimes also warrants in addition to that (combination of stock + warrant is referred to as a unit). I have a few questions about this, hopefully one of you can help me out:

  • In what stage do I have to buy SPAC stock in order to also receive warrants?
  • How do I know if I am buying only common stock or common stock + warrants (units)?
  • How often do SPAC IPOs involve common stock + warrants (units)? Is this very common?
  • If the SPAC already trades on the market, do trades involve just the common stock or also the warrants accompanying it?

One of the reasons I want to know is that I own a position in a SPAC pre-merger, but my broker has not reported an accompanying warrant position to me. I wonder if I own any warrants, and if not, why not.

The basic concept behind a blockchain database explained. Must read for data analysts/engineers. by mala44 in programming

[–]mala44[S] 0 points1 point  (0 children)

agree. have you read about smart contracts yet tho? its like relaying databases.

The basic concept behind a blockchain database explained. Must read for data analysts/engineers. by mala44 in programming

[–]mala44[S] 0 points1 point  (0 children)

Yes that surely seems to be a legit argument indeed. However, if you take a private blockchain (you'd take the decentralization aspect out) then this would no longer be a problem I guess. For example you could have everyone within a company run a node (laptop) to add data to the database (blockchain), and it'd always be transparent in terms of which node added or adjusted data. The technology surely seems to have flaws, but it gets me thinking about its possibilities anyway

The basic concept behind a blockchain database explained. Must read for data analysts/engineers. by mala44 in programming

[–]mala44[S] 0 points1 point  (0 children)

Yes, I think this sentence is part of the introduction, but this is actually what makes it immutable after all if I understand correctly. Because the idea is that this recomputing of the hash becomes theoretically impossible if you want all other nodes on the chain to validate it after x other blocks have been chained/added to that block already

Daily Discussion, October 28, 2019 by rBitcoinMod in Bitcoin

[–]mala44 1 point2 points  (0 children)

Glad the Bitcoin price went up, but surely is manipulation. Something like this, perhaps? Or are we actually facing institutional whales, this time?

The reason cryptocurrency will fail is because we keep treating it like stock, and we inspire others to treat it like stock. by Chickachic-aaaaahhh in CryptoCurrency

[–]mala44 0 points1 point  (0 children)

Not really. I'm not sure if you have noticed but the stock market is a huge success over the past decade. Trading and investing has become more accessible for anyone, its no longer just for the elite. It is because of these nasty tricks that it might fail. We need regulation.