Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
Tamba
Apr 5, 2010

http://wealthgenerators.com/get-started-us/

"Set up a brokerage account with the capital you want to "invest", give us access to it and pay us $150-$200 a month and out bot will automatically trade for you and probably* earn you money. Just look at those past returns that clearly indicate the likely future results*"

*not guaranteed


Not BWM enough? It also includes a pyramid Multi Level Marketing scheme, so you only need to recruit 10,000 active people to earn $50k a month!
https://www.youtube.com/watch?v=KO6GYTFk7fk

Adbot
ADBOT LOVES YOU

Tamba
Apr 5, 2010

Subjunctive posted:

Are you arguing against the whole class of roboadvisors, or against financial instrument advertising as a whole, or what? There are billions under management by roboadvisors, and every financial instrument advertises based on historical results with that disclaimer. This may be a lovely one, but I think you'll need to go into more detail to say why.

More serious robo-advisors tend to take a low yearly fee (like 0.2-1% of the assets managed), instead of $200 a month, don't include MLM schemes as their main selling point and don't promise growths of multiple percent per month.

Tamba
Apr 5, 2010

No Butt Stuff posted:

I don't think you can withdraw your steam balance. I wouldn't think it would taxable since you're basically selling stuff for a digital currency that you can buy games or other stupid poo poo with.

Not directly, but people get it out of steam like this: https://forums.somethingawful.com/showthread.php?threadid=3807537

Tamba
Apr 5, 2010

FateFree posted:

Does this mean that the single actor who cashed out all these coins started losing money on the sale? Meaning the first few coins at regular market price but then lower and lower all the way down to $13?

quote:

On 21 June 2017 at 12:30pm PT, a multimillion dollar market sell was placed on the GDAX ETH-USD order book. This resulted in orders being filled from $317.81 to $224.48, translating into a book slippage of 29.4%. This slippage started a cascade of approximately 800 stop loss orders and margin funding liquidations, causing ETH to temporarily trade as low as $0.10.
Our initial investigations show no indication of wrongdoing or account takeovers. We understand this event can be frustrating for our customers. Our matching engine operated as intended throughout this event and trading with advanced features like margin always carries inherent risk.
We are continuing to conduct a thorough investigation and will keep customers updated with any resulting actions. With that in mind, it is important to note that these trades are final in accordance with our GDAX Trading Rules (Section 3.1). Honoring properly executed orders is critical to maintaining the integrity of an exchange.
In response to the large price movement we decided to temporarily halt trading of ETH-USD. Once we confirmed all systems were operating correctly, we restored trading in accordance with our Downtime Process (Section 5).


So whoever made that massive order didn't lose that much. Everyone whose stop-loss orders triggered after that though...

Tamba
Apr 5, 2010

22 Eargesplitten posted:

:spergin: but there are 208.8 billion permutations for 8 letter long strings, not including upper case, not allowing numbers, or symbols. The odds of any given one having been harvested, especially when you end up with upper case, numbers, and allowed symbols, is fairly low.

Watch this
https://www.youtube.com/watch?v=7U-RbOKanYs

Especially the part where he says that a single high end GPU can try 10 billion hashes per second if its using a weak algorithm.

Tamba
Apr 5, 2010

https://twitter.com/BooDooPerson/status/990339701549780998

Tamba
Apr 5, 2010

BigDave posted:

first female billionaire startup founder [...] requires her to pay a $500,000 penalty.
That sounds very good with money though?

Tamba
Apr 5, 2010

https://www.telegraph.co.uk/politics/2018/05/21/government-launch-legal-battle-access-400m-anonymous-donation/
Bad with money, but a masterful troll. An anonymous donor donated £500,000 to the government with the attached condition that the money could only be withdrawn to completely pay off the national debt.
That was 90 years ago. It's worth 400 million now and will likely be lost forever, because the debt keeps growing faster than that fund.

Tamba
Apr 5, 2010

BEHOLD: MY CAPE posted:

The other reason is that you can give a smaller number and the huge majority of people will reason with that number as though it were smaller than the equivalent monthly payment, and that is just how human psychology works even though everybody "knows" they are really the same amount of money over time.
And even if they do try to calculate monthly payments, they usually just multiply it by two and forget that a year has 12 months, but 26 2-week-periods.

Adbot
ADBOT LOVES YOU

Tamba
Apr 5, 2010

http://www.castlesandmanorhouses.com/castlesforsale.htm

Many of these are cheaper than an apartment in one of the big American cities.

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply