Matrix Games Forums

Hmm, I think 'Hedgefund' will soon be termed 'suicide level investing'. Sort of like suicide level in games.

I bet there are some very happy gamers out there today. I wonder if any are wargamers?

They out gamed the Wallstreet boys.

They likely will change the 'rules' and no doubt the blood is still in the water. Gamers have realized how easy it can be to make money. And gamers spend all-day gaming. They are used to searching for exploits.

I have no mercy for the rich getting played Lots of dudes out there lost their shirts on this one.

It's nice that the news was about something new and interesting for a change

Didn't they already change the rules so they couldn't win?

This thread might be close to what is forbidden here, so please consider your response and modify it so that this thread does not get locked.

https://www.nbcnews.com/business/market ... y-n1256146

A person works all their life to create something that no one else has done, and you are happy they get to lose it?

Just class envy,IMO.
Would you be just as happy if it happens to Facebook, Twitter, and Youtube?

[8|]

RR

RobinHood[:D][8D]

It's mostly about some schmucks, who have nearly ruined some of the rich crowd.

The stocks are all worthless stocks. And the rich have been doing the rich thing. And then some upstarts discovered "hey if I do this, suddenly this happens" And poof a lot of rich people wake up to find they ain't rich.

So the rules get rapidly changed. Because the last thing the rich want is to be made into the poor

This happened mainly due to social media, making it easy for a bunch of poor schmucks being able to effectively swarm the rich.

There's no religion or politics here. This is Wallstreet being out gamed on social media. I could have done this. You could have done this. We could have done this. It's the same as the Bitcoin incident. I missed out. It was just a news event.

My idea of a big score is finding a source of models online, that has a great selection, great prices and simple shipping.

This is like showing up at the grocery store, you have cash the same day all your needs are on sale

This is like having cash the day all the games on Matrix Games go on sale Like deciding to finally go all-in with Order of Battle, and you find they are all on sale and you think, wow, that's timing

And to answer the question. No, I don't care if some wealthy schmucks get to see how I live. Not at all

So, either you are upset because you lost money or you are upset because you did not get in on this?[:-]

ORIGINAL: RangerJoe

So, either you are upset because you lost money or you are upset because you did not get in on this?[:-]

Personally, I'm upset by how an App (RobinHood) blocked the common investor for doing things that are allowed since forever to big Hedge Funds/Rich People/Uncle Scrooge. They basically screamed YES, THE SYSTEM IS RIGGED!!!! to the amazed crowd of us bystanders (and to the common investors... [8|]). "Everybody can operate in the market in a fair way" went down the drain in a blink. Astounding. [X(] This is a story that I will follow - and, BTW, another symptom of "changing times" via the internet.

And, in the end, someone else has to pay the price for trickery?

RR

The first rule of investing like this is to only invest money that you can afford to lose.

Anyone, yes anyone, with modern technology can set this system up for any company and if they don't have enough assets, they can get other people to join in. Then they can either put out positive or negative information, whether or not it is true, then reap the proceeds. If there is no actual link to them about any profits, then what happens? [&:]

BTW, someone made a killing doing things like this in the foreign currency markets, playing the system.

ORIGINAL: MrRoadrunner

And, in the end, someone else has to pay the price for trickery?

RR

You pay your money and you choose your number. Reddit is exploring the unknown. They can end up like Ross in the Antarctic or Franklin in the Arctic. The difference is that no one ever told to Ross: "Hey, you are succeeding! I'll take away your sails!"

I guess there must be magic money?

I know what it cost me in 2008. Someone always pays?

RR

ORIGINAL: RFalvo69
"Everybody can operate in the market in a fair way" went down the drain in a blink. Astounding. [X(]

The masks are falling, that's all. And some powerful guys lost a lot of money money money *ouch* that has to hurt.

Cry-babies 🤣🤣🤣

ORIGINAL: MrRoadrunner

I guess there must be magic money?

I know what it cost me in 2008. Someone always pays?

RR

There is always "magic money".

Let's say that I open a new company: "Falvo Restaurants". You want to buy a share. You pay me $10 and you get a document attesting that you own a share.

And right here the confusion already starts: amazingly enough, thanks (I guess) to how the brain works, people will start to think that there are $20 floating around: the $10 I now have in my pocket and your $10 share. This is not true: the only money around is the original $10 you gave me. The rest is "faith": a measure of the faith you have in your investment.

This is why I always get angry when I see titles like "A bubble popped! The market just lost $15 billions!!" The market loses nothing. Money doesn't go away. What is lost is the belief that a certain area of the market was worth $15 billions - and now a lot of people are in dire straits because they (or their investments companies) behaved like if those $15 billions were real money. They actually were your magic money.

Today's economy is so complex that some say that no one can real explain all the intricacies (something that became painfully obvious during the 2008 crack). But the fundamentals are amazingly simple. In the 2000s a lot of people said "Hey, I got an idea! Let's lend money to people who, quite possibly, will not be able to repay it back! And let's build on this novel idea one of the most complex market models in human history!" What could possibly go wrong?

Paper profits are not real until they are realized by selling said investments.

Yup!

RR

ORIGINAL: RangerJoe

Paper profits are not real until they are realized by selling said investments.

Exactly. And, BTW, you must hope to find a buyer.

ORIGINAL: RangerJoe

So, either you are upset because you lost money or you are upset because you did not get in on this?[:-]

Nah.

I've spent most of the afternoon not succeeding in buying anything. Either I already have it, or, the online store doesn't want to let me use my debit card to give them actual money. I really wanted that model, but nope, at the last second, the transaction failed. Only a complete idiot gives me a 'credit' card. And no, I'm not a fan of Paypal. They take forever to process the transaction. I'm used to click the mouse, poof money changes hands right then and there. Not several days later at random.

ORIGINAL: MrsWargamer
And no, I'm not a fan of Paypal. They take forever to process the transaction. I'm used to click the mouse, poof money changes hands right then and there. Not several days later at random.

[&:]
I use PayPal daily and the transaction is always immediate.

ORIGINAL: RFalvo69

ORIGINAL: MrsWargamer
And no, I'm not a fan of Paypal. They take forever to process the transaction. I'm used to click the mouse, poof money changes hands right then and there. Not several days later at random.

[&:]
I use PayPal daily and the transaction is always immediate.

Me too.