WELCOME TO RIVER DAVES PLACE

2021 Stock Market

hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
CLOV go baby go! Why did I only buy shares!!!


Sent from my iPhone using Tapatalk
 
F

farmo83

Well-Known Member
Joined
Jun 9, 2008
Messages
2,506
Reaction score
2,719
Closing in on 75% on my LMND play. Going to console myself for missing the CLOV boat on that one.

I agree with the above. When the meme stocks run it sucks money out of everything else including crypto.
 
hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
This going to 25, 30, 100?


Sent from my iPhone using Tapatalk
 
HCP3

HCP3

Well-Known Member
Joined
Sep 5, 2018
Messages
3,984
Reaction score
6,755
Crazy. Chamath's worst performing SPAC deal (CLOV) is getting the WSB treatment. Lucky man. 😵‍💫
 
DILLIGAF

DILLIGAF

Well-Known Member
Joined
Jan 10, 2008
Messages
18,479
Reaction score
27,912
On crypto…It seems like people are lining up to take it down many notches. I dont follow it closely but have noticed the negativity being pushed. I dont think its manipulation.
 
hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
DILLIGAF said:
On crypto…It seems like people are lining up to take it down many notches. I dont follow it closely but have noticed the negativity being pushed. I dont think its manipulation.
Click to expand...

Well ya. All the big guys need a discount lol.

For the last 5-7 years this seems to be the cycle. 2 years from now btc will be at 100k and there will be a lot of coulda woulda shoulda.


Sent from my iPhone using Tapatalk
 
7

77charger

Well-Known Member
Joined
Dec 19, 2007
Messages
6,406
Reaction score
8,319
DILLIGAF said:
On crypto…It seems like people are lining up to take it down many notches. I dont follow it closely but have noticed the negativity being pushed. I dont think its manipulation.
Click to expand...
My son is into it he’s 19 but been following for 3-4 years when it was 3500 he said but now it’s gonna go up again. I laughed he got in at 22k made about 10 k in last few months. I ask him when it drops says it’s on sale

he’s a smart kid study’s things and still says it will rise again it’s like other things the take a dip.
 
hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
WSB looks like it crashed?


Sent from my iPhone using Tapatalk
 
Waffles

Waffles

Banned
Joined
Jul 12, 2012
Messages
5,422
Reaction score
9,589
DILLIGAF said:
On crypto…It seems like people are lining up to take it down many notches. I dont follow it closely but have noticed the negativity being pushed. I dont think its manipulation.
Click to expand...
Now im not saying this is the reason for its sudden drop but it might play into it....
After all, it was marketed as being an entity that no government could access or hack

www.reuters.com

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
www.reuters.com www.reuters.com
 
Xring01

Xring01

Well-Known Member
Joined
Feb 25, 2017
Messages
4,003
Reaction score
8,872
Waffles said:
Now im not saying this is the reason for its sudden drop but it might play into it....
After all, it was marketed as being an entity that no government could access or hack

www.reuters.com

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
www.reuters.com www.reuters.com
Click to expand...

I think you nailed... One of the key reasons why Crypto got popular, is because governments didnt control it, and couldnt mess with it.
Well that theory just went right out the window....
 
Xring01

Xring01

Well-Known Member
Joined
Feb 25, 2017
Messages
4,003
Reaction score
8,872
MSum661 said:
Crypto is pulling back because the IRS Cheif is asking Congress for Authority to regulate Crypto.
Look it up.

June 8, 2021 11:24 AM
www.streetinsider.com

IRS Chief Asks Congress for Authority to Regulate Crypto - Bloomberg

(Updated - June 8, 2021 11:24 AM EDT)IRS Chief Asks Congress for Authority to Regulate Crypto - BloombergIRS Commissioner Rettig Speaks at Senate Finance Panel Hearing
www.streetinsider.com www.streetinsider.com
Click to expand...

From any governments perspective, this makes sense.
Why, how does government control its citizens... Trade/Currency/Regulations/Laws.... The last thing any government wants, is a currency they do not control. Because it makes it alot harder to Tax there citizens, or to audit them. Which is a key reason why I have never been a huge fan of crypto currencys. Dont get me wrong, there is plenty of money to be made in short term investing. But over the long haul, I think they will get regulated so much it will be ”Government Issued Crypto” that will be allowed. Thats exactly what China and other countries are doing to combat “open market cryptos”...

Again thats my opinion, I could be way off base, because I dont pay alot of attention to Crypto markets. There is just alot of risk in it, I chose to avoid that much risk. Now I might play a $100 here or there for fun, but nothing serious.
 
F

farmo83

Well-Known Member
Joined
Jun 9, 2008
Messages
2,506
Reaction score
2,719
Xring01 said:
From any governments perspective, this makes sense.
Why, how does government control its citizens... Trade/Currency/Regulations/Laws.... The last thing any government wants, is a currency they do not control. Because it makes it alot harder to Tax there citizens, or to audit them. Which is a key reason why I have never been a huge fan of crypto currencys. Dont get me wrong, there is plenty of money to be made in short term investing. But over the long haul, I think they will get regulated so much it will be ”Government Issued Crypto” that will be allowed. Thats exactly what China and other countries are doing to combat “open market cryptos”...

Again thats my opinion, I could be way off base, because I dont pay alot of attention to Crypto markets. There is just alot of risk in it, I chose to avoid that much risk. Now I might play a $100 here or there for fun, but nothing serious.
Click to expand...

I agree with this 100%

Currency requires stability which crypto isn't (at least now). It moves around as much as 30% a day and on people tweets.

My positions in crypto are strictly a fomo play on if it goes to 500k.
 
M

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,524
Reaction score
6,829
Xring01 said:
From any governments perspective, this makes sense.
Why, how does government control its citizens... Trade/Currency/Regulations/Laws.... The last thing any government wants, is a currency they do not control. Because it makes it alot harder to Tax there citizens, or to audit them. Which is a key reason why I have never been a huge fan of crypto currencys. Dont get me wrong, there is plenty of money to be made in short term investing. But over the long haul, I think they will get regulated so much it will be ”Government Issued Crypto” that will be allowed. Thats exactly what China and other countries are doing to combat “open market cryptos”...

Again thats my opinion, I could be way off base, because I dont pay alot of attention to Crypto markets. There is just alot of risk in it, I chose to avoid that much risk. Now I might play a $100 here or there for fun, but nothing serious.
Click to expand...

The better crypto play given the current circumstances is to buy the servicer's that process crypto transactions.
They make money on the sell and buy side no matter if crypto is up or down.
Unless of course they have too much exposure to owning crypto ;)
 
B

BHC Vic

cobra performance boats
Joined
May 24, 2014
Messages
25,645
Reaction score
20,204
Waffles said:
Now im not saying this is the reason for its sudden drop but it might play into it....
After all, it was marketed as being an entity that no government could access or hack

www.reuters.com

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
www.reuters.com www.reuters.com
Click to expand...
Meet Kevin did a video on that this morning
 
CLdrinker

CLdrinker

Well-Known Member
Joined
Sep 28, 2011
Messages
9,428
Reaction score
19,022
Waffles said:
Now im not saying this is the reason for its sudden drop but it might play into it....
After all, it was marketed as being an entity that no government could access or hack

www.reuters.com

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
www.reuters.com www.reuters.com
Click to expand...
See post #3600
 
CLdrinker

CLdrinker

Well-Known Member
Joined
Sep 28, 2011
Messages
9,428
Reaction score
19,022
Xring01 said:
From any governments perspective, this makes sense.
Why, how does government control its citizens... Trade/Currency/Regulations/Laws.... The last thing any government wants, is a currency they do not control. Because it makes it alot harder to Tax there citizens, or to audit them. Which is a key reason why I have never been a huge fan of crypto currencys. Dont get me wrong, there is plenty of money to be made in short term investing. But over the long haul, I think they will get regulated so much it will be ”Government Issued Crypto” that will be allowed. Thats exactly what China and other countries are doing to combat “open market cryptos”...

Again thats my opinion, I could be way off base, because I dont pay alot of attention to Crypto markets. There is just alot of risk in it, I chose to avoid that much risk. Now I might play a $100 here or there for fun, but nothing serious.
Click to expand...
And we know how the IRS will control it.
 
shintoooo

shintoooo

I'm Blessed
Joined
Oct 22, 2009
Messages
27,462
Reaction score
62,064
I bought some Wendy's puts. It's up a lot but I don't think it can sustain it. Short interest is only around 6% compared to CLOV which is around 36%.
 
hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
Alright 4th quarter play. Do I double down on my CLOV position lol


Sent from my iPhone using Tapatalk
 
B

boatnam2

Well-Known Member
Joined
Sep 20, 2007
Messages
13,669
Reaction score
7,225
Do you guys with trading apps use your regular bank account or a side account for trading?
 
regor

regor

Tormenting libturds
Joined
May 28, 2010
Messages
43,299
Reaction score
142,792
Waffles said:
Now im not saying this is the reason for its sudden drop but it might play into it....
After all, it was marketed as being an entity that no government could access or hack

www.reuters.com

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
www.reuters.com www.reuters.com
Click to expand...

You think that's what happened? They can't break Elliptic Curve Digital Signature Algorithm's without quantum computing.

Given that bitcoin transactions are publicly available, it was easy for the feds to track the funds transferred as Colonial’s initial transfer to the bitcoin wallet is public information. All they had to do was “follow the money,” which strangely made its way into a U.S. based custodial address.


The Russians, the Russians.............................. 😆
 
B

BHC Vic

cobra performance boats
Joined
May 24, 2014
Messages
25,645
Reaction score
20,204
regor said:
You think that's what happened?

Given that bitcoin transactions are publicly available, it was easy for the feds to track the funds transferred as Colonial’s initial transfer to the bitcoin wallet is public information. All they had to do was “follow the money,” which strangely made its way into a U.S. based custodial address.


The Russians, the Russians.............................. 😆
Click to expand...
Supposedly fbi had a key to the wallet. That’s interesting imo.
 
regor

regor

Tormenting libturds
Joined
May 28, 2010
Messages
43,299
Reaction score
142,792
BHC Vic said:
Supposedly fbi had a key to the wallet. That’s interesting imo.
Click to expand...

Using an online wallet for ransomware payment makes as much sense as robbing a bank and opening an account there to deposit your loot.

Smart enough to hack, not smart enough to keep the treasure........................ 😆

I'll take DOJ fear mongering false flag for 5 quadtrillion bitcoins please Alex!!!
 
B

boatnam2

Well-Known Member
Joined
Sep 20, 2007
Messages
13,669
Reaction score
7,225
C08H18 said:
Separate account so wifey can’t see how much I loose


Sent from my iPhone using Tapatalk
Click to expand...
That’s the thing, I was trying to get my GF to sign up for Robinhood to get my 3 free stocks and she just couldn’t wrap her head around a phone app or something having access to bank info. So I said use a side account and showed her how all the RDP players do it.
 
hallett21

hallett21

Well-Known Member
Joined
Nov 9, 2010
Messages
18,284
Reaction score
23,409
Ok final 15 what’s the move? I’m adding a few more CLNE $11 calls


Sent from my iPhone using Tapatalk
 
jeteater1

jeteater1

Jet boats suck
Joined
Jun 6, 2009
Messages
2,318
Reaction score
3,033
I picked up some JAGX at $1.89
Last time I had this stock before cashing out it went to $4.49 .
I sold at $4.25 . Hope it goes off again.
 
You must log in or register to reply here.
Top