Uprise lost 99% of client funds while shorting LUNA

Discussion in 'Crypto Assets' started by The_Krakenite, Jul 10, 2022.

  1. Millionaire

    Millionaire

    After WW3 we can go back to open out cry for those three instrument types, old school, the Amsterdam stock exchange was created in 1611, two hundred years before electricity was mainstream
     
    #11     Jul 10, 2022
  2. Overnight

    Overnight

    Electricity was mainstream in 1811? Wow. What history books did YOU eat as a kid? lol
     
    #12     Jul 10, 2022
  3. Millionaire

    Millionaire

    I was rounding, electricity became widespread sometime in the 1800s. I didnt look up which year.
     
    #13     Jul 10, 2022
  4. Overnight

    Overnight

    Yer a century off. Think 1900s :)
     
    #14     Jul 10, 2022
  5. Millionaire

    Millionaire

    I was thinking more about electric Telegraphs for sending trading prices and orders between locations.

    Like the Cable between the UK and USA that gave the GBP/USD its nickname.
     
    Last edited: Jul 10, 2022
    #15     Jul 10, 2022
    VPhantom likes this.
  6. Overnight

    Overnight

    Well, good for you for always thinking about trading and the markets. But no, "electricity" did not become "mainstream" until the 1920s, just before the Depression. And what I mean by that is nationwide. Not just clustered in cities, but expanding to the suburbs, and out west. That is my definition of "mainstream".

    You know, the skeleton of a national grid.
     
    #16     Jul 10, 2022
    TraderTom1133 likes this.
  7. maxinger

    maxinger

    They might be newbie traders.
     
    #17     Jul 10, 2022
  8. TheDawn

    TheDawn

    No stocks, bonds, futures all come in physical certificates. What exists in the computer are just records of them. Do you have any physical certificates of cryptos? Yeah sure in cold wallets but they are all remnants of something that's in a virtual form that exists entirely in a digital world. What if that digital world does not exist at all anymore? This is the difference people forget when they equate assets that are managed and traded online with assets that exist entirely online and nowhere else.
     
    #18     Jul 10, 2022
  9. schizo

    schizo

    Yeah right, like there would be any companies to trade. Plus, we're so hooked on electronic gadgets, I hardly doubt we'll be able to trade using hand signals again.
     
    #19     Jul 10, 2022
  10. schizo

    schizo

    Yeah but when was the last time you've actually received a physical certificate? I've been trading for nearly 30 years and never once have I received one.

    Anyway, there must be a record keeping (eg. clearing) for the cryto market, just as there is one for stock market, bond market and futures market. How else can you clear the trades?
     
    #20     Jul 10, 2022