GetRichOrDieTryin
Superstar
Chart analysis is so confusing but I'ma learn it
nothing like glancing at a bunch of charts and graphs you pretended to understandChart analysis is so confusing but I'ma learn it
nothing like glancing at a bunch of charts and graphs you pretended to understand
i thought people said it was cgiHe's already been confirmed alive
Chart analysis is so confusing but I'ma learn it
nothing like glancing at a bunch of charts and graphs you pretended to understand
If Melvin capital and the other short sellers failed it would have brought down the entire market so DTCC raised the collateral requirements to 100% to cause a domino effect and stop GME trading and let Melvin and them get out from under the pressure.
If Melvin fails they default on all their obligations.
The brokers have to step in and cover all Melvin's obligations.
The brokers can't afford that so the clearing houses have to step in for them.
The clearing houses can't afford that and at that point you sell a stock you get nada.
At that point I believe SIPC has to step in freeze everything and pay people out up to $500K of their holdings and the rest is lost because the insurance only goes that high.
So essentially the central clearing house stepped in and caused a chain reaction to save Melvin and other short sellers and thus the market. Imagine the suffrage if that didn't happen.
Like I said the government needs to insert themselves into this now. These WSB cats are playing with the detonator of a nuclear bomb.
coinbase better take a lesson from robinhood and fix them shyt servers
i have never used robinhood so can't comment only seen the complains but coinbase is notoriously bad for server crashing people have been complaining about crappy server for years and there has still been no improvementCoinbase is on another level in terms of customers and assets.
Incredible insightThis is bullshyt.
we gearing up for coinbase and roblex or nah?