nuckin_futz Posted June 29, 2022 Share Posted June 29, 2022 North Korean hackers Lazarus Group believed behind $100M heist on blockchain Harmony Info via Bloomberg (gated) Suspected North Korean hackers known as the Lazarus Group are believed to be behind the recent $100 million heist on California blockchain Harmony, a firm that tracks stolen cryptocurrency said Wednesday. Harmony confirmed that its Horizon Bridge, a seamless layer which allows cryptocurrency to move across different blockchains, had been hacked last week. **************** These stories never seem to go away. Link to comment Share on other sites More sharing options...
Boudrias Posted June 30, 2022 Share Posted June 30, 2022 Stick with Canadian oil stocks and add if you are not fully weighted. Their priced at $60 WTI equivalent right now when WTI is at $108.83. OPEC has no significant reserves to bring onto world markets. In fact Africa is having trouble at maintaining volumes. Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 30, 2022 Share Posted June 30, 2022 FTX closing in on deal buy BlockFi for $25 million. Was last valued at $4.8 billion FTX gets the crypto lender for just $25 CNBC citing three sources said FTX is closing in a deal for BlockFi. They warned the price could shift before tomorrow, when it's expected to close. BlockFi's last private valuation was $4.8 billion and had raised almost $1 billion in venture capital funding. The company received an emergency $250m line of credit from FTX. This basically wipes out all of BlockFi's investors but at least it will save the clients. Meanwhile, earlier today it was reported that FTX walked away from Celsius after finding a huge hole in its balance sheet. *********************** Ouch. 1 Link to comment Share on other sites More sharing options...
Elias Pettersson Posted July 1, 2022 Share Posted July 1, 2022 Link to comment Share on other sites More sharing options...
Warhippy Posted July 1, 2022 Share Posted July 1, 2022 55 minutes ago, Elias Pettersson said: Worst quarter and worst drop so far Link to comment Share on other sites More sharing options...
nuckin_futz Posted July 4, 2022 Share Posted July 4, 2022 First half performance in 2022: Apple: -23% Microsoft: -24% Alphabet: -25% Amazon: -35% Tesla: -35% Zoom: -40% Airbnb: -45% Pinterest: -49% Nvidia: -50% Uber: -50% Meta: -53% Bitcoin: -60% PayPal: -62% Etsy: -64% Netflix: -70% Snap: -72% Ether: -73% Shopify: -74% Coinbase: -80% 1 Link to comment Share on other sites More sharing options...
UnkNuk Posted July 4, 2022 Share Posted July 4, 2022 23 minutes ago, nuckin_futz said: First half performance in 2022: Apple: -23% Microsoft: -24% Alphabet: -25% Amazon: -35% Tesla: -35% Zoom: -40% Airbnb: -45% Pinterest: -49% Nvidia: -50% Uber: -50% Meta: -53% Bitcoin: -60% PayPal: -62% Etsy: -64% Netflix: -70% Snap: -72% Ether: -73% Shopify: -74% Coinbase: -80% Good time to buy? Link to comment Share on other sites More sharing options...
nuckin_futz Posted July 4, 2022 Share Posted July 4, 2022 1 minute ago, UnkNuk said: Good time to buy? Depends on many factors. What are you thinking of buying? What is your appetite for risk? What is your time frame? etc. In this type of environment I like things that pay a dividend. It's always nice getting paid to wait. 1 Link to comment Share on other sites More sharing options...
Boudrias Posted July 4, 2022 Share Posted July 4, 2022 3 hours ago, nuckin_futz said: First half performance in 2022: Apple: -23% Microsoft: -24% Alphabet: -25% Amazon: -35% Tesla: -35% Zoom: -40% Airbnb: -45% Pinterest: -49% Nvidia: -50% Uber: -50% Meta: -53% Bitcoin: -60% PayPal: -62% Etsy: -64% Netflix: -70% Snap: -72% Ether: -73% Shopify: -74% Coinbase: -80% Yikes. I still have my GOOL and MSFT but sold AMZN. I have been thinking about buying INTL, down about 42% YTD. I took Buffet and Gates advice on Bitcoin. Link to comment Share on other sites More sharing options...
Boudrias Posted July 4, 2022 Share Posted July 4, 2022 2 hours ago, nuckin_futz said: Depends on many factors. What are you thinking of buying? What is your appetite for risk? What is your time frame? etc. In this type of environment I like things that pay a dividend. It's always nice getting paid to wait. That is my mantra. I am not buying unless there is a +3% dividend yield that is growing. I do have a 20% portfolio allocation to USA growth stocks which I cannot get in Canada like MSFT & GOOGL. Lots of quality stocks on sale right now. 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted July 5, 2022 Share Posted July 5, 2022 6 hours ago, Boudrias said: That is my mantra. I am not buying unless there is a +3% dividend yield that is growing. I do have a 20% portfolio allocation to USA growth stocks which I cannot get in Canada like MSFT & GOOGL. Lots of quality stocks on sale right now. You can now get those in CAD via CDRs (Canadian Depository Receipts). Kind of like what BABA is on NYSE. The CDRs are backed by CIBC. Link to comment Share on other sites More sharing options...
Boudrias Posted July 5, 2022 Share Posted July 5, 2022 6 hours ago, I.Am.Ironman said: You can now get those in CAD via CDRs (Canadian Depository Receipts). Kind of like what BABA is on NYSE. The CDRs are backed by CIBC. Are they carrying those in Canadian $'s? I have held MSFT & GOOGL for many years. I like the USD as a diversifier but also for USA travel. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted July 5, 2022 Share Posted July 5, 2022 (edited) 2 hours ago, Boudrias said: Are they carrying those in Canadian $'s? I have held MSFT & GOOGL for many years. I like the USD as a diversifier but also for USA travel. They are hedged to CAD I believe. I think they are a new offering in the last 1-2 years. https://www.investorsedge.cibc.com/en/learn/what-is-canadian-depositary-receipt.html Edited July 5, 2022 by I.Am.Ironman Link to comment Share on other sites More sharing options...
Boudrias Posted July 6, 2022 Share Posted July 6, 2022 23 hours ago, I.Am.Ironman said: They are hedged to CAD I believe. I think they are a new offering in the last 1-2 years. https://www.investorsedge.cibc.com/en/learn/what-is-canadian-depositary-receipt.html Yikes! My oils are being decimated. I hold the course as FCF is still significant and dividends are up. Should recover. The wise politicians who rule us still have not brought forward a formula which will allow investment in this industry that won't be thrown under the bus when convenient. Refining capacity in N. America is pretty much at max. Link to comment Share on other sites More sharing options...
Warhippy Posted July 6, 2022 Share Posted July 6, 2022 2 hours ago, Boudrias said: Yikes! My oils are being decimated. I hold the course as FCF is still significant and dividends are up. Should recover. The wise politicians who rule us still have not brought forward a formula which will allow investment in this industry that won't be thrown under the bus when convenient. Refining capacity in N. America is pretty much at max. Capacity yes, but theres now 14 total refineries in the Texas area not even online that can handle and refine heavy crude and dilbit. They're absolutely gaming us still and the dropping prices show that. Prices in vancouver are now cheaper than the Okanagan even with their additional municipal taxes Production is at record levels, development skyrocketing. ya....we're being hosed. Link to comment Share on other sites More sharing options...
WilliG Posted July 13, 2022 Share Posted July 13, 2022 (edited) useful thread, I'm thinking about investing in crypto, it seems to be still profitable. Also I wanna try mining. I found free bitcoin games where I can practice my mining skills, build virtual mining center and even earn few coins while playing. Hope I'll earn some extra coins in the near future. Edited July 15, 2022 by WilliG Link to comment Share on other sites More sharing options...
ronthecivil Posted July 14, 2022 Share Posted July 14, 2022 On 7/4/2022 at 1:07 PM, nuckin_futz said: Depends on many factors. What are you thinking of buying? What is your appetite for risk? What is your time frame? etc. In this type of environment I like things that pay a dividend. It's always nice getting paid to wait. Profitable dividend paying stocks are worth holding onto so long as they stay that way. The irrational market and the price at any one time is largely irrelevant if your time horizon is correct (the correct one being forever). If you got money to spare, for sure, buy more. But it's pay down debt and don't even look at the portfolio time lol. Link to comment Share on other sites More sharing options...
ronthecivil Posted July 14, 2022 Share Posted July 14, 2022 On 7/13/2022 at 8:04 AM, WilliG said: useful thread, I'm thinking about investing in crypto, it seems to be still profitable How does imaginary money generate a profit other than finding a greater fool to sell it to? Link to comment Share on other sites More sharing options...
ronthecivil Posted July 14, 2022 Share Posted July 14, 2022 On 7/6/2022 at 10:13 AM, Warhippy said: Capacity yes, but theres now 14 total refineries in the Texas area not even online that can handle and refine heavy crude and dilbit. They're absolutely gaming us still and the dropping prices show that. Prices in vancouver are now cheaper than the Okanagan even with their additional municipal taxes Production is at record levels, development skyrocketing. ya....we're being hosed. Refining capacity and the price at the pump? I get you there. Local gas prices only stickness is that if oil prices go up, they go up. After that it's random. Record crude oil production? Maybe, but it's not a giant new record, it's kind of flat, and has been for a few years, and it's not keeping up with demand. Supplies, like the US strategic reserve are dwindling. Biden is heading to Saudi asking OPEC to up their quota. OPEC responds "we can't make our existing quota". Link to comment Share on other sites More sharing options...
ronthecivil Posted July 14, 2022 Share Posted July 14, 2022 On 7/4/2022 at 10:58 PM, I.Am.Ironman said: You can now get those in CAD via CDRs (Canadian Depository Receipts). Kind of like what BABA is on NYSE. The CDRs are backed by CIBC. But why would you want to? Just hold US companies in US dollars and Canadian companies in Canadian. It's not like it's hard to switch when you want to. I doubt they provide that service for free..... Link to comment Share on other sites More sharing options...
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