spujb@lemmy.cafe to 196@lemmy.blahaj.zoneEnglish · 7 days agoalright rulelemmy.cafeexternal-linkmessage-square77fedilinkarrow-up1346arrow-down111
arrow-up1335arrow-down1external-linkalright 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-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
minus-squareTotallynotJessica@lemmy.worldlinkfedilinkarrow-up8·6 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
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…
It’s “illegal” to financially manipulate regulated securities*
*unless you’re insanely rich and know the right people, lawyers, and loopholes
The cycle isn’t a century long, but 80-90 years
https://en.wikipedia.org/wiki/Tulip_mania