All the threads have been doing it today. I think TheGinsue is having a smoke break.
All the threads have been doing it today. I think TheGinsue is having a smoke break.
"There are no finger prints under water."
Sallie and auto loan is new Fannie and Freddie.
At least no one is dumb enough to make student loan or auto loan backed securities.
Moreover, there are no insurance companies (AIG) writing default swaps.
Good to see the markets recover.
Got back a bit more than what I lost on the big dip. Amazing to see +100K in a quarter, but I lost 90K in the dip.
Sad to think I only gained 50K over a whole year (over what I put in).
Last edited by brutal; 03-29-2019 at 17:18.
My Feedback
Credit TFOGGER : Liberals only want things to be "fair and just" if it benefits them.
Credit Zundfolge: The left only supports two "rights"; Buggery and Infanticide.
Credit roberth: List of things Government does best; 1. Steal your money 2. Steal your time 3. Waste the money they stole from you. 4. Waste your time making you ask permission for things you have a natural right to own. "Anyone that thinks the communists won't turn off your power for being on COAR15 is a fucking moron."
I disagree...
Look at the 51% attack that Ethereum went through a couple months ago. That kind of vulnerability is exactly why blockchain and the whole crypto idea will never take over any real currency or market.
I've made a decent amount day trading the crypto's but after watching them all tank, every single one of them, for several weeks after a relatively benign 51% attack, I don't see a realistic future it...
Um, for those who may read the above & immediately think cryptocurrency is block chain, it is NOT.
Bitcoin, Ethereum, Dogecoin, Litecoin, Monero & all the others are just using the block chain technology to prevent the double spend problem that is inherent in all public trustless digital transactions.
Ethereum's specific 'proof of work' algorithm was why the 51% was possible. 'Proof of stake' is more energy efficient which is what they are going towards which then should make it harder to usurp at the fork. Maybe.
On the flip side, the resources necessary to try the same attack on Bitcoin would be so cost prohibitive that only nation state actors could afford it & even then people would notice all the mining migration.
But I don't care about cryptocurrencies... I'm a nerdette who just likes the ledger which is why I chimed in to clarify. POIT
Last edited by ChickNorris; 03-29-2019 at 23:30. Reason: Underline
My airstream has been stolen by dopers
Cash is King , along with PM's. if you can't hold or fold it. It's a number on a screen, anyone can disappear with.
The Great Kazoo's Feedback
"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
Last edited by Sawin; 03-30-2019 at 11:12.
Think it?s about time to pick up some more VIX calls for cash month contract. Theta decay?s gonna be brutal, but good multiplicative potential if we get another market pop down, which I think to be likely.
Very binary payout structure.
9mm - because they don't make a 9.1mm
We need to get rid of some money maket accounts.
I have 3 mm accounts. 1 ROTH, 1IRA.
Wife had 2mm, 1 ROTH, and 1 IRA.
It is just too much login and outs. Too much apps (4 different financial institutes).
If we even add regular bank apps, we have about 6 apps just on bank/institutions.
Note: 15 years ago, companies were offering lots of freebies and discount upon opening new act with certain amount of $$.