NZGames.com Forums
Register FAQ Calendar Mark Forums Read

Go Back   NZGames.com Forums > General > Technology & Troubleshooting
User Name
Password

Reply
 
Thread Tools
Old 28th April 2022, 12:54     #1001
Know me.
 
If the market was 100% certain that the deal is going to go ahead then the share price would be at/around the deal price. Its pretty close anyway, there is not much in it. If you weigh in the massive downside risk if the deal doesn't go through, they would half I would expect, even worse if Musk just dumps. So you'd expect it to be less.
  Reply With Quote
Old 28th April 2022, 14:53     #1002
Ab
A mariachi ogre snorkel
 
https://twitter.com/elonmusk/status/1519480761749016577
  Reply With Quote
Old 11th May 2022, 13:29     #1003
Ab
A mariachi ogre snorkel
 
If any of you were on the LUNA train, I am truley sorry for your lots
  Reply With Quote
Old 11th May 2022, 16:08     #1004
Cyberbob
 
Proving once again, that those who bought into crypto in the early days were fucking nuts, and are just playing Russian Roulette with extra steps.

Who looks at all LUNA today, and thinks "This is normal."
__________________
ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ
  Reply With Quote
Old 11th May 2022, 16:16     #1005
DrTiTus
HENCE WHY FOREVER ALONE
 
It certainly doesn't look like Bitcoin et al are behaving as hedges against inflation, now that we actually have inflation. They seem to be behaving more like stocks (in the speculative asset sense) that sell off when the market loses confidence.
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 11th May 2022, 23:30     #1006
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by Cyberbob

Who looks at all LUNA today, and thinks "This is normal."
It's perfectly normal for a stablecoin locked to the US dollar to be worth (checks charts) 44c
  Reply With Quote
Old 11th May 2022, 23:33     #1007
Ab
A mariachi ogre snorkel
 
For more lols: here is a tweet from Nov 28 last year in which the CEO of the Terra Foundation ridiculed a poster for describing a theoretical attack, one which happened in reality this morning on 11 May:

https://twitter.com/stablekwon/statu...97977793728514
  Reply With Quote
Old 12th May 2022, 14:40     #1008
Ajax
Architeuthis
 
.

Last edited by Ajax : 12th May 2022 at 14:42.
  Reply With Quote
Old 12th May 2022, 14:41     #1009
Ajax
Architeuthis
 
If the detonation of LUNA is like, I dunno, a mortar round, then Tether will be a 10 megaton nuke. It's just as dodgy but far more critical.
  Reply With Quote
Old 12th May 2022, 15:30     #1010
Know me.
 
The big news is coinbase. How do you fucking lose so much money unless you are making side bets...

...and BTW exchange users assets are not secure in the event of the failure of coinbase. Ruch to the exit in 1,2 3!

https://fortune.com/2022/05/11/coinb...arnings-stock/

But don't worry El Salvador is buying.
  Reply With Quote
Old 12th May 2022, 15:59     #1011
Ab
A mariachi ogre snorkel
 
Of course we'll all be cheering if El Salvador becomes one of the wealthiest nations on Earth
  Reply With Quote
Old 13th May 2022, 02:09     #1012
Ab
A mariachi ogre snorkel
 
LUNA just went below half a cent US.

WHO'S BUYING THE DIP??1
  Reply With Quote
Old 13th May 2022, 14:56     #1013
Cyberbob
 
Quote:
Originally Posted by DrTiTus
They seem to be behaving more like stocks
Stock is backed by a business with liquidation value, so there's a lower bound on price given their money in the bank & assets. It can't just do this:

__________________
ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ

Last edited by Cyberbob : 13th May 2022 at 14:59.
  Reply With Quote
Old 13th May 2022, 16:54     #1014
Know me.
 
Patrick Boyle. I find him so hilarious.

https://www.youtube.com/watch?v=iisPX_xVMV8

His take on the situation.
  Reply With Quote
Old 15th May 2022, 13:38     #1015
Lightspeed
 
Quote:
Originally Posted by Lightspeed
It seems no one liked Twitter accepting Musk's offer. Nice healthy dip going on.
Looks like Musk is quailing on his Twitter purchase. Too bad, that's would have been a dumpster fire worth watching.
__________________
Stay shook. No sook.
  Reply With Quote
Old 18th May 2022, 10:22     #1016
Cyberbob
 
The deal will die with some due diligence related claim, Twitter will tank, Tesla will jump, and Musk will come off on top, avoiding taxes while growing massively in wealth.
__________________
ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ
  Reply With Quote
Old 18th May 2022, 10:38     #1017
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by Cyberbob
The deal will die with some due diligence related claim, Twitter will tank, Tesla will jump, and Musk will come off on top, avoiding taxes while growing massively in wealth.
It'll be about the bots.
  Reply With Quote
Old 18th May 2022, 15:57     #1018
Lightspeed
 
Quote:
Originally Posted by Cyberbob
The deal will die with some due diligence related claim, Twitter will tank, Tesla will jump, and Musk will come off on top, avoiding taxes while growing massively in wealth.
You reckon he figures this shit out himself, or does he have people working these angles for him?
__________________
Stay shook. No sook.
  Reply With Quote
Old 18th May 2022, 16:27     #1019
Cyberbob
 
He'll have the crazy idea as the outcome he wants to get to, then I'm sure he has teams of people that are paid more per day than our annual salaries, figuring out how to execute it.
__________________
ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ
  Reply With Quote
Old 18th May 2022, 18:54     #1020
Know me.
 
Fuck knows what he's thinking. He's got them bent over a barrel. What's an overpriced tech company that doesn't make any money worth these days?

Maybe he can't afford it now? Tesla has come back 30% since he made the offer.

In hindsight the play was always to short with a stop at the offer price, rather than the other way around.
  Reply With Quote
Old 19th May 2022, 14:52     #1021
DrTiTus
HENCE WHY FOREVER ALONE
 
I'm a no-coiner now.
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 19th May 2022, 15:46     #1022
Ab
A mariachi ogre snorkel
 
He's a brave man who sells this month.
  Reply With Quote
Old 19th May 2022, 16:04     #1023
DrTiTus
HENCE WHY FOREVER ALONE
 
He's a brave man who thinks it can only get better from here :P

I treat it like gambling, and I'm ahead, so I'm quitting.
__________________
Finger rolling rhythm, ride the horse one hand...

Last edited by DrTiTus : 19th May 2022 at 16:06.
  Reply With Quote
Old 19th May 2022, 20:06     #1024
Know me.
 
To my shame I bought some Proshares BITO. Its down so much its not worth selling.

"To me, it's just dementia. It's like somebody else is trading turds and you decide you can't be left out." Charlie Munger

I must have had temporary dementia.
  Reply With Quote
Old 19th May 2022, 20:36     #1025
DrTiTus
HENCE WHY FOREVER ALONE
 
Out of curiosity, why did you get this ETF and not actual BTC?
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 19th May 2022, 21:04     #1026
Know me.
 
Quote:
Originally Posted by DrTiTus
Out of curiosity, why did you get this ETF and not actual BTC?
I have a hatch account and it was easy.
  Reply With Quote
Old 13th June 2022, 12:39     #1027
DrTiTus
HENCE WHY FOREVER ALONE
 
I remember Ab posting "$4k!" for ETH

Now it's more like "$1.4k!"

The correlation seems to be - and correct me if I'm wrong:

- easy money/stimmy checks: number goes up
- money tightening/rising interest rates: number goes down
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 13th June 2022, 14:46     #1028
Ab
A mariachi ogre snorkel
 
Email from Celsius:

Quote:

Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts.
  Reply With Quote
Old 13th June 2022, 14:52     #1029
Lightspeed
 
Oof, I laughed, but maybe I should feel bad?
__________________
Stay shook. No sook.
  Reply With Quote
Old 13th June 2022, 15:10     #1030
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by DrTiTus
I remember Ab posting "$4k!" for ETH

Now it's more like "$1.4k!"

The correlation seems to be - and correct me if I'm wrong:

- easy money/stimmy checks: number goes up
- money tightening/rising interest rates: number goes down


Look around, everything is getting hammered. At least Ethereum has a future.

Inflation up, interest rates up, price of food and electricity and petrol and every fucking thing up.

Spare a thought for people who bought Netflix shares, down 77%. A company that actually makes something that people want to pay for, DOWN SEVENTY SEVEN PERCENT.
  Reply With Quote
Old 13th June 2022, 20:06     #1031
Ajax
Architeuthis
 
Celsius has always been an obvious Ponzi - the red flags have been waving for years.
  Reply With Quote
Old 13th June 2022, 20:12     #1032
Ajax
Architeuthis
 
Quote:
Originally Posted by Ajax
Be warned: Celsius Network is flashing Ponzi indicators.
My warning in November last year.
  Reply With Quote
Old 14th June 2022, 02:04     #1033
Ab
A mariachi ogre snorkel
 
I thought of you when I got that email.
  Reply With Quote
Old 14th June 2022, 12:14     #1034
Ajax
Architeuthis
 
With this current price drop, Microstrategy is running close to the point where they start facing margin calls and liquidation of their holdings. Popcorn time.
  Reply With Quote
Old 14th June 2022, 13:21     #1035
DrTiTus
HENCE WHY FOREVER ALONE
 
$21k was the figure I heard, but I don't know if that's a round number. It's dipped below $21k now, and I hope we get to see some laser tears.
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 14th June 2022, 14:39     #1036
Ab
A mariachi ogre snorkel
 
Microstrategy CFO Phong Le in a quarterly call before the dive:

Quote:
"As far as where Bitcoin needs to fall, we took out the loan at a 25% LTV, the margin call occurs 50% LTV," Le said. "So essentially, Bitcoin needs to cut in half or around $21,000 before we'd have a margin call. That said, before it gets to 50%, we could contribute more Bitcoin to the collateral package"
So he's saying even if the price drops below 21K they just move BTC from the asset pile into the collateral pile. Which is fine, so long as they have a big asset pile.
  Reply With Quote
Old 16th June 2022, 23:10     #1037
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by DrTiTus
$21k was the figure I heard, but I don't know if that's a round number. It's dipped below $21k now, and I hope we get to see some laser tears.
Saylor just posted that their financials are good even if it goes as low as USD3500.
  Reply With Quote
Old 18th June 2022, 20:03     #1038
DrTiTus
HENCE WHY FOREVER ALONE
 
Woo hoo, ETH below $1k

This is fantastic.
__________________
Finger rolling rhythm, ride the horse one hand...
  Reply With Quote
Old 18th June 2022, 23:58     #1039
Ab
A mariachi ogre snorkel
 
Fantastic if you're looking to buy. Wish I'd stayed out longer.
  Reply With Quote
Old 19th June 2022, 01:00     #1040
Lightspeed
 
$400 would be fantastic.
__________________
Stay shook. No sook.
  Reply With Quote
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump



© Copyright NZGames.com 1996-2022
Site paid for by members (love you guys)