Teh Squeaky Wheel
Good morning, boys -- happy Friday.
Big Route is over. We’re going down to Cottonwood this morning to buy some curtains--craigslist ad.
Happy Friday, Gerbil Nation!
Good morning, Sven, and dv8 (and Harper!)!
dv8 -- enjoy your trip! Good luck with the purchase.
I’ve got no meetings scheduled today, which means I can tackle the work that I haven’t been able to get to this week, like reviewing progress reports for 100+ students.
wELL….. The site has been working lately, so that’s good I guess. I feel like the intermittent DNS problems are still lurking about though.
Elon Musk’s tweet dragged most crypto down along with bitcoin. (Including BAT) Be wary of Dogecoin because it’s probably a “pump and dump” situation. Keep in mind that such coins have no discovery limits like Bitcoin and most other crypto. But Most legitimate crypto seems to have bottomed out. BAT has been buyable for under a dollar in the last week or so.
Things to be wary about:
Since Crypto is considered property and not a security, there is nothing illegal about a public figure like Elon making a public statement to either encourage the price to go up or down. If it were a stock, the SEC could arrest and/or fine someone for doing that. But with crypto there is no such penalty. which can make for more volatility from public figures.
There are also no “Insider Trading” type rules. So if some public figure you happen to know personally tells you he’s going to make some kind of announcement via social media in order to make some crypto price go up or down, you could sell it or buy it before such an announcement without violating any law.