spujb@lemmy.cafe to 196@lemmy.blahaj.zoneEnglish · 7 days agoalright rulelemmy.cafeimagemessage-square77fedilinkarrow-up1346arrow-down111
arrow-up1335arrow-down1imagealright rulelemmy.cafespujb@lemmy.cafe to 196@lemmy.blahaj.zoneEnglish · 7 days agomessage-square77fedilink
minus-squarebad_news@lemmy.billiam.netlinkfedilinkarrow-up85arrow-down2·7 days agoIt’s an unregulated security. It’s illegal to pump and dump Netflix stock, but not StoopidCoin. No laws were broken. And it’s only going more 1929 from here…
minus-squareTotallynotJessica@lemmy.worldlinkfedilinkarrow-up8·7 days agoThe cycle isn’t a century long, but 80-90 years
minus-squareSkullgrid@lemmy.worldlinkfedilinkarrow-up6·6 days agohttps://en.wikipedia.org/wiki/Tulip_mania
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up1·edit-24 days agoIt’s “illegal” to financially manipulate regulated securities* *unless you’re insanely rich and know the right people, lawyers, and loopholes
It’s an unregulated security. It’s illegal to pump and dump Netflix stock, but not StoopidCoin. No laws were broken. And it’s only going more 1929 from here…
The cycle isn’t a century long, but 80-90 years
https://en.wikipedia.org/wiki/Tulip_mania
It’s “illegal” to financially manipulate regulated securities*
*unless you’re insanely rich and know the right people, lawyers, and loopholes