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
StoryTime
Feb 26, 2010

Now listen to me children and I'll tell you of the legend of the Ninja

a hot gujju bhabhi posted:

It's not genius, it's monumentally stupid.

This is where I disagree. I think it's both.

Adbot
ADBOT LOVES YOU

Colonel Cancer
Sep 26, 2015

Tune into the fireplace channel, you absolute buffoon

strange feelings re Daisy posted:

This is so hosed up and awesome I can hardly believe it's real. This is like an exploit you'd find in a third rate MMORPG, not something you'd expect to see in the real economy.

You may have heard of godmode but you ain't never heard of richguymode before!

RatHat
Dec 31, 2007

A tiny behatted rat👒🐀!

4 months of being a millionare in exchange for 12 months in jail? A lot of people would take that deal.

Fartbox
Apr 27, 2017
What's happening? Dri fu an only two? what is this?
Is this an avatar? I don't know rm dunk

I made four million dollars with this

I am now rich and will be taking control of SA

Rutibex
Sep 9, 2001

by Fluffdaddy

Fartbox posted:

I made four million dollars with this

I am now rich and will be taking control of SA

please help Lowtax. he needs a spine

Blurry Gray Thing
Jun 3, 2009

Colonel Cancer posted:

Ah yes a filthy monarchist will definitely free people from tyranny

BullCRAP. Robin Hood being a "temporarily inconvenienced nobleman" fighting to support "the GOOD king" that he loves is bullshit that was stitched to the story later. In the oldest stuff, he's a yeoman.

Bruegels Fuckbooks
Sep 14, 2004

Now, listen - I know the two of you are very different from each other in a lot of ways, but you have to understand that as far as Grandpa's concerned, you're both pieces of shit! Yeah. I can prove it mathematically.
gold standard anyone?

cubicle gangster
Jun 26, 2005

magda, make the tea

RatHat posted:

4 months of being a millionare in exchange for 12 months in jail? A lot of people would take that deal.

Spending a million in 4 months is closer to living like a billionaire. Most people worth 50m or less couldn't 'afford' to live like that consistently without a serious knock on effect, it would also be a one off run for them.

I'd take it in a heartbeat. But I'd also try and hide some of it for when I'm out.

Big Beef City
Aug 15, 2013

Bruegels Fuckbooks posted:

gold standard anyone?

lol nope

Big Beef City
Aug 15, 2013

I mean unless you want to destroy the entire global finance sector, the tech industry, and undermine capitalism as a whole, then loving go gangbusters.

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Big Beef City posted:

I mean unless you want to destroy the entire global finance sector, the tech industry, and undermine capitalism as a whole, then loving go gangbusters.

ron paul 2020: kill your economic masters

Dave Concepcion
Mar 19, 2012

Lil Swamp Booger Baby posted:

Loooool I do CUMMunism crash into this rear end bitch... economically!!

Get on it, Chuck Tingle

Xaintrailles
Aug 14, 2015

:hellyeah::histdowns:

Big Beef City posted:

I mean unless you want to destroy the entire global finance sector, the tech industry, and undermine capitalism as a whole, then loving go gangbusters.

All this, and we get to play with shiny gold bars? I'm in.

vortmax
Sep 24, 2008

In meteorology, vorticity often refers to a measurement of the spin of horizontally flowing air about a vertical axis.

Bruegels Fuckbooks posted:

bitcoin standard anyone?

StoryTime
Feb 26, 2010

Now listen to me children and I'll tell you of the legend of the Ninja

oh dope
Nov 2, 2006

No guilt, it feeds in plain sight

He steals from the poor
And gives to the rich
Stupid bitch

StoryTime
Feb 26, 2010

Now listen to me children and I'll tell you of the legend of the Ninja

oh dope posted:

He steals from the poor
And gives to the rich
Stupid bitch

Xenocides
Jan 14, 2008

This world looks very scary....


oh dope posted:

He steals from the poor
And gives to the rich
Stupid bitch

I should not have been drinking water when I read that.

Day Man
Jul 30, 2007

Champion of the Sun!

Master of karate and friendship...
for everyone!


Robinhood will for sure keep any positive returns and demand payment for any losses and they will be backed up by the full force of the police and governmental systems whos sole purpose is to protect capital.

Bank errors are never in your favor. Always in favor of the bank.

GolfHole
Feb 26, 2004

The Bank accidentally made an error with $100 of your money, collect $15.

Blast of Confetti
Apr 21, 2008

by Jeffrey of YOSPOS

Mooey Cow posted:

I think the world economic system will survive this actually.

But also lmao

how does this still happen

Blast of Confetti
Apr 21, 2008

by Jeffrey of YOSPOS

Big Beef City posted:

I mean unless you want to destroy the entire global finance sector, the tech industry, and undermine capitalism as a whole, then loving go gangbusters.

hell yeah lets do this

unpleasantly turgid
Jul 6, 2016

u lightweights couldn't even feed my shadow ;*
lol these retards testing their jaw strength on the stock market, i bet someone /has/ topped 1.7m but they just haven't come out bc they probably took a massive loss and didnt want to admit it lmao

Gatts
Jan 2, 2001

Goodnight Moon

Nap Ghost

a hot gujju bhabhi posted:

I mean yeah, but borrowing on false pretenses is pretty serious fraud right? Like people are reporting this as though the guys doing it are geniuses but they're all probably getting hosed for this.

Have you heard the story of Donald Trump?

Ebeneezer Splooge
Nov 2, 2018

Gobblecoque posted:

When the rich do this kinda stuff they get billions in gov't bailouts but since it seems like it's poor young nerds in this case they'll probably get a life sentence to some CIA blacksite.

Small time speculation must be prosecuted with prejudice!

Nooner
Mar 26, 2011

AN A+ OPSTER (:
I had some money in some w33d company and like it tripled in value and I was stoked and then I just let it ride and it mega crashed down to like nothing and I felt like Martin in that Simpsons episode when Bart gets his fake license the part where Martin is at the stock exchange with his dad

That is my Robinhood story

the holy poopacy
May 16, 2009

hey! check this out
Fun Shoe

Blurry Gray Thing posted:

BullCRAP. Robin Hood being a "temporarily inconvenienced nobleman" fighting to support "the GOOD king" that he loves is bullshit that was stitched to the story later. In the oldest stuff, he's a yeoman.

Richard was actually kind of a poo poo king and Prince John was a (somewhat accidental) populist reformer. The reason that his taxes were outrageous was that he dared to try taxing the nobility instead of squeezing it all out of the peasantry.

OG Robin Hood was just about a commoner taking on a corrupt local official, until it was re-cast as a heroic nobleman fighting for the status quo.

SilvergunSuperman
Aug 7, 2010


quote:

Eventually, Saunders said he stopped after thinking he had got away with it as long as he could.

"At the end of it I had to say to myself, 'Am I an international criminal who's just going to transfer money away and never be seen again?'."

"That's when I stopped doing it because I asked myself that question…and the answer was 'no'."

Idiot.

SilvergunSuperman
Aug 7, 2010

Nooner posted:

I had some money in some w33d company and like it tripled in value and I was stoked and then I just let it ride and it mega crashed down to like nothing and I felt like Martin in that Simpsons episode when Bart gets his fake license the part where Martin is at the stock exchange with his dad

You got greedy, Nooner.

Zogo
Jul 29, 2003

Install Robinhood app. Starting with $1,000 and then doubling it only 32 times leaves a bank account with $4,294,967,296,000

That's enough money to pay off all credit card debt and student loan debt in the US.


35 times will reach $34,359,738,368,000 The budget is now officially balanced.

terminal chillness
Oct 16, 2008

This baby is off the charts
So you take out these loans but you don't actually get cash or tangible goods right? You have to use the loans to buy stock options or whatever?

owlhawk911
Nov 8, 2019

come chill with me, in byob

Big Beef City posted:

I mean unless you want to destroy the entire global finance sector, the tech industry, and undermine capitalism as a whole, then loving go gangbusters.

my dude that is *exactly* what i want to do

the holy poopacy
May 16, 2009

hey! check this out
Fun Shoe

terminal chillness posted:

So you take out these loans but you don't actually get cash or tangible goods right? You have to use the loans to buy stock options or whatever?

Dunno about Robinhood but most brokerages will absolutely let you take cash distributions paid for with margin, they're getting payday loan type interest and they're supposed to have dollar for dollar collateral on all margin accounts. That's part of why breaking the margin system is such a Big loving Deal.

Kung Food
Dec 11, 2006

PORN WIZARD
What happens when someone uses this to get millions and then cashes out to fund a new life in a country without extradition treaties with the US? Asking for a friend.

Sophy Wackles
Dec 17, 2000

> access main security grid
access: PERMISSION DENIED.





Kung Food posted:

What happens when someone uses this to get millions and then cashes out to fund a new life in a country without extradition treaties with the US? Asking for a friend.

Pretty sure that's what Robin Hood did.

Sourdough Sam
May 2, 2010

:dukedog:
Robin split the economy in twain!

RestingB1tchFace
Jul 4, 2016

Opinions are like a$$holes....everyone has one....but mines the best!!!
Destroy the global economy through Robinhood? So a far easier method of accomplishing the goal from the movie 'Fight Club' or the TV show 'Mr. Robot'. I could get rid of the rest of my student debt.

super sweet best pal
Nov 18, 2009

Blurry Gray Thing posted:

BullCRAP. Robin Hood being a "temporarily inconvenienced nobleman" fighting to support "the GOOD king" that he loves is bullshit that was stitched to the story later. In the oldest stuff, he's a yeoman.

A yeoman is a landowner. :thermidor:

itry
Aug 23, 2019




Did any of these guys actually make a profit?

Adbot
ADBOT LOVES YOU

Rutibex
Sep 9, 2001

by Fluffdaddy

super sweet best pal posted:

A yeoman is a landowner. :thermidor:

a yeoman is someone who farms their own land. if they hired people they would be a lord. leave the Kulaks alone

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