Wednesday, October 19, 2022

Got scammed at work , Boss is trying to shift the responsibility onto me. Help?!

Hi users of reddit , let me start off by saying in in the US and 18(F). I started working at yogurtland about three weeks ago and was very quickly made morning lead shift. As a morning person I work alone in the store and my manager only comes every here and then to check up with everything and get the deposits. I was working a morning shift alone and at about 2:00 pm the store receives a phone call and I pick it up. It is a man claiming to be named “Edgar Gonzales” from the delivery service we use when we get ordered of fruits, cups, toppings etc. He claimed that the store was going to be receiving a shipment in a couple hours but that the check my boss made didnt go through. He then said if we make a late payment to the company the store would get fined. The whole time he said the manager was on the other line of the conversation so I didn’t stop to call him and double check (my mistake i know). He then said that him and the manager needed me to collect all the cash possible to pay for this delivery. He sounded legit as he had me take out a pen and paper to take notes of the shipping and confirmation number. He then asked if it was alright for me to give him my cell number as he claimed another person from fedex was going to be calling the store to confirm and that the line needed to be free. I agreed and he called me off of my phone while on the store phone i was on the phone with some lady pretending to be a fedex worker. I was literally on two different phone calls at the same time so confused and just trying to figure everything out. Stupidly thinking I was helping my manager out I went ahead and grabbed this black bag that always has $600 and took out $200 from the two registers we had and put together about $1000 in cash. He instructed me to drive down to this bitcoin ATM that was in this gas station down the street and insert the money onto there. I made 3 trips back and forth from the gas station back to the store meanwhile another coworker was back at the store since they came in at about 2:15 or so. After the 3rd trip I thought it was weird the guy asked me to send a picture of the front and back of my license (which luckily i didnt) and called my manager to confirm everything that had just happened. He then said “what deliveries?” and I was like “the ones we were supposed to get today that you failed to mention to me about?” and his response was “you’ve been scammed dear. you’re going to have to pay this back”. Immediately my heart drops knowing that I had just got scammed so badly , came back to the store in a full blown panic attack, and called the police to file a report. After about waiting for twenty minutes they send someone over and the police officer just told me theres not anything they can do and simply took notes of the event and gave me a report number. My manager did not make any sort of report whatsoever. The next day I didnt see him at work and called him to follow up about the situation when i got off. I asked if he filed a police report and he said no because there is no point since it was an online scam. Wouldnt it still have been good to make a report anyways? I then told him since its theft to the company he should file an insurance report. His response was “well they didnt’t come in with guns or directly force you to give them the money you were manipulated and took it of your own free will”. He then said he isnt even sure if the insurance is going to classify it as theft and that he was going to talk to his insurance broker. He also said IT HAS HAPPENED BEFORE TO THAT SAME EXACT STORE. My question to all you good people of reddit is arent I in the right for not taking responsibility of paying that amount back? What if it would’ve been a way larger quantity such as $5000 or $8000?? I surely wouldnt be able to pay that back. Just graduated highschool in May and living at home with my single mother and I help with bills and I literally got a second job (yogurtland) to be able to help out even more. What else can I do on my part to make sure this gets solved as it should? I’m incredibly stressed and sad that happened and will be putting in my two week soon as I dont like how he is handling this whole thing. I am a victim of a scam.

If you read the whole thing thank you , I have been reading and trying to inform myself on what my rights are but I thought I’d come onto here and see what you guys think.

-everything is on cameras and i still have the receipts from the bitcoin i got and notes i took. Also sent bitcoin an email as well.


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Thursday, 20th October 2022

The Daily Spin. Tribunal Thursday Edition. More hacks pile on to this month’s tally, now dubbed “Hacktober”, which has already surpassed every month that has come before it. Aptos Layer 1 is live amidst strong criticism and FUD, Ripple makes strides into the first phase of development of an EVM-based sidechain. Ooki DAO vs CFTC turning out to be a landmark case. The US economy is super strong, despite inflation, UK’s PM Truss f*cked up so badly that Scotland is going braveheart again …here’s our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed of the most trending, in-the-know, and controversial topics. In the name of transparent, information dissemination to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Vietnam Blockchain Summit 2022 (Hanoi)
Toby speaks at “Bridging the Gap Between Speculation and Fundamental Value in Digital Assets” Panel
Video to be released soon

Coinweb Looks Undervalued, Article on LiveTradingNews.com
https://www.livetradingnews.com/coinweb-cweb-looks-undervalued-218893.html

Crypto Expo Thailand, Oct 7 (Bangkok)
Toby Spoke on Cross-Chain Interoperability, more info coming soon.
http://www.thailandcryptoexpo.com

Coinweb’s Monthly Fireside Chat Series: Are You Game? Sep 22 (Bangkok)
https://www.siam2nite.com/en/pictures/coinweb-at-baan-dusit-thani-23369

Latest Video Release: Trade Tokens on Multiple Blockchains Without a Bridge (4mins)
https://youtu.be/ZUajbJDEeB0

Coinweb Set to Establish Business in Saudi, UAE by H1 2023
https://www.khaleejtimes.com/business/coinweb-set-to-establish-presence-in-uae-saudi-in-h1-2023-says-ceo-gilbert

“How Bridges Need to Deliver Blockchain Interoperability” by Toby Gilbert on Medium
https://medium.com/@Coinweb.io/how-bridges-need-to-deliver-blockchain-interoperability-7c910e52a4c7

“One Chain to Rule Them All?” By Toby Gilbert on Medium
https://medium.com/@Coinweb.io/one-chain-to-rule-them-all-a049d1f8d97f

On the Radar

Litecoin Summit, Oct 21-22 (Las Vegas)
Kinza Dubai, Oct 26 (Dubai)

Coinweb Fireside Chat Series, Oct 27 (Bangkok)

Web3 & Real Estate Summit, Oct 27-28 (Miami)
Forward to the Future of Blockchain, Nov 1 (Bangkok)
FOMC Meeting on Interest Rate, Nov1-2 (Washington DC)

Elrond X-Day Conference, Nov 3-5 (Paris)
Staking Summit, Nov 8 (Lisbon)

Token 2049, Nov 9-10 (London)

Innovative Finance Expo, Nov 14-16 (Dubai)
DSLA Protocol for Tezos (facilitates onboarding of enterprises to ecosystem), Nov 24

Blockchain Thailand Genesis 2022 - Road to Web3, Nov 26-27 (Bangkok)

Sub0 Polkadot Dev Conference, Nov 28-29 (Lisbon)

On the Block (chain)

Research: Bitcoin held on exchanges reaches its lowest since 4 years
https://cryptoslate.com/bitcoin-held-on-exchanges-reaches-its-lowest-since-4-years/

Defi Platform Moola Exploited for $8.4 Million in Incident Described as 'Incredibly Simple Attack'
https://news.bitcoin.com/defi-platform-moola-exploited-for-8-4-million-in-incident-described-as-incredibly-simple-attack/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Jack Dorsey introduces AT Protocol for federated social applications
https://cryptoslate.com/jack-dorsey-introduces-at-protocol-for-federated-social-applications/

Internet Computer 2.0 expected as Aptos detractors relish Binance futures listing
https://cryptoslate.com/internet-computer-2-0-expected-as-aptos-detractors-relish-binance-futures-listing/

Buterin advocates for censorship tolerance in special cases
https://cryptoslate.com/buterin-advocates-for-censorship-tolerance-in-special-cases/

Terra co-founder Do Kwon tells Laura Shin fraud charges against him are illegitimate
https://cryptoslate.com/terra-co-founder-do-kwon-tells-laura-shin-fraud-charges-against-him-are-illegitimate/

Terra LUNA Classic community reduces tax burn to 0.2%
https://cryptoslate.com/terra-luna-classic-lunc-community-reduces-tax-burn-to-0-2/

Here’s why Aptos (APT) crashed 45% on first day of trading
https://cryptoslate.com/heres-why-aptos-apt-crashed-45-on-first-day-of-trading/

Competitive Landscape

Fidelity Digital Assets will begin offering ETH to institutions later this month
https://www.theblock.co/post/178462/fidelity-digital-assets-will-begin-offering-eth-to-institutions-later-this-month

Ripple’s XRPL to soon support NFTs
https://cryptoslate.com/ripples-xrpl-to-soon-support-nfts/

Facebook owner Meta to sell Giphy after UK watchdog confirms ruling
https://www.theguardian.com/technology/2022/oct/18/facebook-meta-sell-giphy-cma

Cardano NFTs Touted as Next Gold Rush After Ford Edwards Sells for $65,000
https://cryptoslate.com/cardano-nfts-touted-as-next-gold-rush-after-ford-edwards-sells-for-65000/

Top 10 metaverse tokens tank as interest wanes
https://cryptoslate.com/top-10-metaverse-tokens-tank-as-interest-wanes/

Celestia Labs hits unicorn status in latest bet on modular blockchains
https://www.theblock.co/post/177841/celestia-labs-hits-unicorn-status-in-latest-bet-on-modular-blockchains

World

Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
https://cryptoslate.com/fed-vice-chair-warns-banks-about-crypto-liquidity-urges-stablecoin-regulation/

EU Commissioner Urges US to Create New Crypto Rules — Says 'We Need to Look at Global Regulation of Crypto'
https://news.bitcoin.com/eu-commissioner-urges-us-to-create-new-crypto-rules-says-we-need-to-look-at-global-regulation-of-crypto/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Argentina to Launch 'Fair Prices' Program to Battle Raging Inflation Numbers
https://news.bitcoin.com/argentina-to-launch-fair-prices-program-to-battle-raging-inflation-numbers/

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
https://news.bitcoin.com/eu-to-target-crypto-miners-power-usage-as-union-relies-less-on-russian-energy/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Israel moves to avail government bonds via blockchain
https://cryptoslate.com/israel-moves-to-avail-government-bonds-via-blockchain/

Blockchain advocacy groups file motion to support Grayscale in lawsuit against SEC
https://cryptoslate.com/blockchain-advocacy-groups-file-motion-to-support-grayscale-in-lawsuit-against-sec/

Thought Leadership

How many more warning signs does Mark Zuckerberg need to see before he pulls the plug on his metaverse?
https://www.businessinsider.com/mark-zuckerberg-warning-signs-for-metaverse-2022-10?r=MX&IR=T

Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
https://news.bitcoin.com/understanding-tron-grand-hackathon-2022-season-3-and-the-hacker-house-event/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Paradigm Rushes to Defend Ooki DAO in Landmark CFTC Lawsuit
https://decrypt.co/112433/paradigm-rushes-to-defend-ooki-dao-in-landmark-cftc-lawsuit

How Crypto Advocates Are Defending Ooki DAO
https://www.coindesk.com/policy/2022/10/19/how-crypto-advocates-are-defending-ooki-dao/

Draft of 'DeFi Killing' CFTC Bill Has Leaked—Here’s What’s In It
https://decrypt.co/112420/cftc-dccpa-bill-leak-defi-regulation

SBF posts regulatory 'manual' for crypto and FTX, cautions against 'locking in' DeFi policy
https://www.theblock.co/post/178485/sbf-posts-regulatory-manual-for-crypto-and-ftx-cautions-against-locking-in-defi-policy

https://preview.redd.it/i1xqjbba5wu91.png?width=820&format=png&auto=webp&s=6ef903cdb0dfcb2bbc6c48b9448c2511b023867f


$BTC: Events of Past Several Weeks Could Help ‘Bitcoin As Insurance’ Narrative, Says Fidelity Report

https://www.cryptoglobe.com/latest/2022/10/btc-events-of-past-several-weeks-could-help-bitcoin-as-insurance-narrative-says-fidelity-report/

What is Web 3.0 and why is it important?

What is web 3.0 ?

In the tech world, Web 3.0 has become a buzzword. However, very few people understand what it is and, more importantly, what happened to Internet Explorer 1.0 and Web 2.0.

3.0 Web 3.0 is the future and has the potential to change everything. The purpose of this article is to explain what Web 3.0 is and why it is so important.

Let's dive in.

History of the web

With every new version of the web, the definition changes.

Additionally, how each individual uses the internet for their benefit varies. If one were to ask an uninvolved group of people what the web is about, they would each give a different answer.

There have been many versions of the web over the years, and each one has improved upon the previous one. Currently, Web 3.0 is a popular topic that continues to draw attention. Let's examine how each of the web versions works and what they can do.

Web 1.0

The origins of Web 1.0 can be traced back to the invention and development of the internet. Under the Advanced Research Project Agency in the USA, the Internet was first developed as a communications project for military purposes in 1969. Moreover, the Internet began as a text-only medium and mostly consisted of hyperlinked web pages.

They were strictly read-only and could not be interacted with. As a result, the internet appeared to be like a giant book collection. As a result, information could be exchanged easily on the internet.

Several years later, bulletin boards added chat capabilities to the internet, allowing users to interact. With the advent of dynamic URLs and a few other advancements, Web 2.0 was born.

Web 2.0

The internet of today is a re-creation of Web 2.0. Everything we do today is online. Darcy DiNucci, Tim O Reily, and Dale Dougherty were the pioneers of Web 2.0.

You can blog, chat, share videos, audio, and email on a Web 2.0 site. Globally, the Social Web has gained popularity and acceptance because of Web 2.0.

There have been a number of new web-related technologies released as part of Web 2.0, including

  • Ajax
  • JavaScript
  • CSS
  • DOM
  • HTML
  • XML
  • XSL
  • Adobe flash

All of these factors have resulted in Web 2.0 a very interesting platform that has unlimited possibilities.

Web 3.0

Semantic Internet is another name for it. Tim Bernes Lee developed Web 3.0 in 1999. Web 3.0's purpose is to create an internet that can analyze every bit of data available on the internet, making it more advanced than previous versions.

It is Web 3.0's ability to perceive more than just words and numbers that makes it so special. In addition to learning the natural language, Web 3.0 also allows users to comprehend the intention.

By leveraging all available information, semantic metadata strengthens connectivity. Virtual reality is also being utilized to offer more precise information, and the elimination of data silos has opened this way for content to be accessed by applications.

The difference between Web 1.0 as well as Web 2.0 and Web 3.0

https://preview.redd.it/t6dkxrbjkqu91.png?width=634&format=png&auto=webp&s=c023b16b03d1c90169bd39af567ba7cb0809409d

Importance of Web 3.0 for Blockchain Technology and Crypto

With blockchain technology, you can complete every task using the internet more accurately and error-free. In contrast to human nature's emotional fragility and proneness, blockchain ensures equality for all.

It has the potential to improve many aspects of our lives, including healthcare, finance, gaming, agriculture, and supply chain management, among others. Decentralized technology based on Ethereum is currently being developed as a separate Web 3.0 framework.

Due to the decentralization of data in the blockchain, cloud transactions are accurate and transparent. However, if Blockchain 3.0 is implemented simultaneously with Web 2.0, the issues that hinder Web 2.0, such as manipulation, surveillance, and centralization, will be exacerbated.

It gives users control over their data and allows them to decide who benefits from their online activity. Since decentralization gives users control over data, tech giants that profit enormously from user data will have to find alternative methods of making money.

Web 3.0 will not automatically include decentralization.

Due to the number of people who hold the personal information of users, many doubt that the transition will be as seamless as many expect. The beginnings of a change are on the horizon, thanks to apps like Brave browser, Uniswap, and Propy, which have shown tremendous success with blockchain technology.

Web 3.0 and Decentralization

Despite what many people believe, blockchain is not a feature of Web 3.0. This intelligent semantic web does not include blockchain.

In addition to Web 3.0's ability to adapt to decentralization and new technologies, these two technologies have a good connection. Web 3.0's support for blockchain will only increase as it continues to develop.

Blockchain is also misunderstood as decentralization. Blockchains provide decentralization through their peer-to-peer framework, but the reverse is also true. While less likely and less popular, the blockchain may offer a more powerful version of centralization.

One of the biggest concerns with blockchain technology and Web 3.0 is this. Data freedom and web accessibility are at grave risk if more government-controlled projects like the Central Bank of Digital Currency (CBDC) succeed.

Importance of Decentralized Web 3.0

With blockchain and Web 3.0, each of us can own our data, and we can free ourselves from the authoritarian schemes of those who operate behind the scenes. The government can also restrict us more and take away our right to control our data in the same way.

It is likely that users will lose little control over their personal information if the government expands projects such as the CBDC and prioritizes central banks to issue digital currency.

This isn't as likely to happen, but it is possible.

The party with the most authority will have complete control over the data of users in this scenario. You will be able to track everything you do on the internet, every transaction you make, and your bank account balances.

In the end, the parties could control the information that the public has access to.

In order to evolve from this mindset, people need to stop thinking data collection is fine since it is not an illegal activity. What happens if centralization allows authoritative parties to freeze your bank account funds? People's freedom will be seriously restricted by this.

In addition, freedom of speech on the internet could be compromised if centralization takes hold. The authoritarians will no longer be able to publish these kinds of articles and views. Public events, such as elections, could be manipulated, and society would suffer.

Private information of their customers is already being sold. It would be much easier to implement these initiatives if decentralization fails. Social media companies and websites like Google sell the data of their users and create psychographic profiles of them. In addition to using them for advertising, they also use them to influence political campaigns.

Ask your friend to Google what social media does to manipulate society for their benefit if you aren't convinced about anything. If centralization takes over, you won't find a wide variety of articles on the subject. Decentralization has many advantages. Through Web 3.0, advocate for it.

Examples of Implementations of Web 3.0

On a variety of levels, blockchain and Web 3.0 are already being used and tested. Blockchain technologies, such as Ethereum and bitcoin, are setting the stage for web 3.0.

The use of blockchain technology is being seen in a variety of ways, including web 3.0.

Among the fields that could benefit from this process is finance. Financial institutions will be able to prevent fraud and eliminate corruption by using a semantic process that is clear and precise. The AAve platform, for example, allows users to lend their crypto assets to earn interest, and they can also use the funds to buy cash.

To avoid expensive costs, decentralized finance software allows customers to make loans against collateral, invest, obtain a mortgage, and purchase insurance right away. Additionally, it will be able to offer its users better interest rates than banks.

Similarly, video games have seen massive success with Web 3.0 and its play-to-earn system. Games and other virtual technologies can benefit from Web 3.0's ability to bridge the gap between the real world and the virtual world. Metaverse is a good example. Virtual worlds with decentralized control include Decentraland, Sandbox, and Bloktopia.

Another feature of Web 3.0 is hyper-realistic mapping of our world, known as the Spatial Web. With billions of connected devices, this is a three-dimensional digital environment.

Two areas that may benefit from Web 3.0 are voting and real estate. By eliminating fraud, conducting elections and other similar events on the blockchain will ensure the highest level of accuracy. Propy is an excellent example of blockchain simplifying the tedious task of dealing with real estate transactions.

Conclusion

Having read the article, you should now understand the importance of decentralization. Using blockchain technology or Web 3.0 is the easiest way to ensure widespread adoption of decentralization. In the case of Web 3.0, people will have more control over their data and internet usage if it is properly implemented.

Due to the lack of a centralized legal entity to govern the network, it is more accurate and data is not manipulated. Additionally, if one understands how important liberty is, decentralized Web 3.0 with blockchain is the best way to achieve it.

What is web 3.0 ?


Could an all-stock M&A deal squeeze out the Shorts? Icahn't say for sure it will...but I can say does have some good precedents...

0. Preface

I have published some very lengthy DDs of late, so let me keep this one slightly more snappy! This question came to me when reading through u/DarraghGogarty's extremely tit-jacking, speculative thesis on why Ryan Cohen met with Carl Icahn:

https://www.reddit.com/r/Superstonk/comments/y7gqdh/carl_ichan_is_not_going_to_buy_gme_shares/

https://preview.redd.it/e8no2q9txpu91.png?width=734&format=png&auto=webp&s=078e869651b6175d7eeca62d29d9f1669099d165

There were some questions asked in comments about what this might do for the short positions in both GameStop and the Towel Stock. Specifically, I think some Apes were wondering whether an M&A might result in forced closing of short positions, and I believe the short answer to this is: NO. For a longer and more concise answer, see below an explanation by u/Consistent-Reach-152, which is also my understanding of these mechanisms. (If this is incorrect, please let us know.)

https://www.reddit.com/r/Superstonk/comments/wynr05/comment/ily8me5/?utm_source=share&utm_medium=web2x&context=3

https://preview.redd.it/rhmavjfmypu91.png?width=683&format=png&auto=webp&s=2d81bb89805101c3a145685d567e91d51ef68e09

However, depending on the nature of an M&A deal, I believe it could lead to conditions where short sellers are squeezed out of their positions. Let me explain further in this DD.

1. Types of M&A Deals

First let us look at the three kinds of M&As:

All-Cash Deal: This is when the acquiring company makes an offer to buy out the target company, by offering a premium above the current stock price. This adds value to the stock held by the shareholders of the target firm, as they would receive more cash for their holding than the share price made at the time of the acquisition offer. The deal would be secured through cash only, as the name implies.

All-Stock Deal: This is a less popular form of financing an acquisition, in which the acquiring firm offers their own stock in exchange for the shares of the target company. Typically the respective share prices and outstanding share volumes are used to calculate an attractive offer, such as 4 shares of the acuiring company for 1 share of the target company. Thus no cash is involved in the deal, as it is effectively completed through an "exchange" of shares of the two firms.

Combination Deal: This is, of course, one which contains some portion of the two types above. They could also include other asset types, such as debt of some form (e.g. corporate bonds).

The most notable difference between the two main methods is that an All-Cash Deal makes it explicity clear what price the acquired company's stock is set at. This thus precludes the possibility of instigating a short squeeze, as natural price discovery is impossible with the target price already being set. An example of such a deal took place earlier this month, as outlined in this article below:

https://preview.redd.it/r8adqf7o2qu91.png?width=990&format=png&auto=webp&s=21a37e8d0749fb00afa3044d543ce467ebc838e8

As I mentioned earlier, All-Cash Deals are the most common type of M&A, as the terms are very clear from the outset. For example, here are the statistics for 2020:

https://preview.redd.it/ln6kwkwq3qu91.png?width=562&format=png&auto=webp&s=0331a945225db0b75faf6721618ae98637feeafc

The main reason All-Stock Deals are not as popular is due to the increased risk involved in such transactions. There can be a significant length of time between such a deal being proposed, to it being approved by shareholders, and then meeting regulatory approval. During this period, the stock of the two companies will continue to be traded, giving investors opportunity to price in a "fair" value for what they believe each share price should be in the event of the deal going through. Such uncertainty carries intrinsic risk, hence why All-Stock Deals are less popular than the safer play of All-Cash Deals.

2. Redbox and Chicken Soup

However, I looked into what effect such proposed deals could have, when one or more of the companies involved specifically have high short interest. One interesting example is an M&A that took place this past summer involving two media firms, Redbox Entertainment and Chicken Soup for the Soul Entertainment. Here is the press release made by Chicken Soup, on 11th May 2022, annoucing their proposed buy-out:

https://www.globenewswire.com/news-release/2022/05/11/2440722/0/en/Chicken-Soup-for-the-Soul-Entertainment-to-Acquire-Redbox-Creating-Premier-Independent-Entertainment-Company.html

https://preview.redd.it/25kk62kg6qu91.png?width=1249&format=png&auto=webp&s=f5630d935527518b26e12340dfb77085ab8016f8

The most relevant part of this annoucement to us here is the following:

https://preview.redd.it/2whl4myt6qu91.png?width=1238&format=png&auto=webp&s=d9444ec976621391736533ed0f3933b75c163269

What effect did this have on the stock of these two companies, during the course of the summer while this deal was playing out? Well, first have a look at the Short Interest in this stock - here is an article from June, when this was all playing out:

https://talkmarkets.com/content/stocks--equities/short-report-redbox-takes-the-mantle-from-gamestop-as-short-squeeze-darling?post=357602

Estimated short interest in Redbox Entertainment (RDBX) has gone parabolic since early May, jumping from low 50% to mid-100% in the first half of the month and reaching a new record high of 224% this week – a 55 percentage point increase.

https://preview.redd.it/mtrfxp0saqu91.png?width=675&format=png&auto=webp&s=e8c51efb3f95f55f65759168132019861cb53bd7

My conjecture is that the Short Interest increased in such a way due to "hidden" short positions being forced out into the open, by the surge in Redbox's stock price. And how did that play out? Well, here is the chart from Fintel which also shows massive amounts of FTDs as well, hence likely pointing to Redbox having quite a lot of the fuckery going on with it which has affected our own beloved GME:

https://fintel.io/ss/us/rdbx

https://preview.redd.it/13y2j0efbqu91.png?width=1081&format=png&auto=webp&s=5be6447492f6fa6e268bbfb8774122a6020ab5f0

It is difficult to tell from this chart, but upon the announcement of being an acquisition target for Chicken Soup, its share price fell to a low of $2.42 on May 13th. However the short squeeze that took place from late May increased the price to a peak, precisely a month later on June 13th, of $18.20 - a +652% short squeeze.

Remember, though, that these All-Stock Deals are exchanges of two companies' stock. So what happened with Chicken Soup for the Soul Entertainment's stock? A +183% short squeeze here also, again amid very high FTDs, from May 12th through to the day before the deal was finally completed on August 12th.

https://fintel.io/ss/us/csse

https://preview.redd.it/ezoo0nnvgqu91.png?width=1070&format=png&auto=webp&s=316b74422676d649793b8e2ad656567760adc214

3. Support.com and Greenidge

Here is an example of a Combination Deal resulting in a short squeeze, this time from last year. The two companies involved in this case were the NASDAQ listed Support.com and the then-private Greenidge Generation Holdings, announced on March 22nd, 2021:

https://www.businesswire.com/news/home/20210322005353/en/Bitcoin-Miner-Greenidge-Generation-Holdings-Inc.-and-Support.com-Inc.-Nasdaq-SPRT-Announce-Merger-Agreement

https://preview.redd.it/s3o7s13sfqu91.png?width=984&format=png&auto=webp&s=058914961a0d9b8d0a0b9e3f16e73995d9603269

Again, here is the most notable part which details the terms of the deal:

https://preview.redd.it/kjdiqv22gqu91.png?width=981&format=png&auto=webp&s=48c5294ca2e6dc5091bf1b8bba1183e4fd6c6d34

This was a slower play than the previous example, with the merger finally being completed about six months later on September 14th, 2021. However Support.com began to make the headlines by mid-year, when the 60% Short Interest-stock began squeezing as short sellers struggled to maintain their positions:

https://www.cnbc.com/2021/08/30/supportcom-shares-soar-another-40percent-as-meme-traders-pile-into-the-heavily-shorted-software-company.html

https://preview.redd.it/abu4xz23iqu91.png?width=970&format=png&auto=webp&s=534fa58c4229e578a038455f51fad443355df528

The final upshot can be seen in the chart, prior to the stock being de-listed in the build-up to the merger:

https://fintel.io/chart/us/sprt

https://preview.redd.it/1xs9swxziqu91.png?width=1454&format=png&auto=webp&s=38cc6411059f777d0d1213ac8d89624b4135525f

From a low of $2.10 just before the merger announcement, a rally that took it to a high of $59.69 on August 27th, 2021. That's a +2742% short squeeze right there...

4. DIAC and Dual

The final example I want to provide is not from the US markets, but further afield to again show what effects All-Stock M&A Deals can have on short sellers' positions. I made a post about this particular short squeeze on this sub back in February, which was an example from the South Korean markets:

https://www.reddit.com/r/Superstonk/comments/t10xpr/serves_them_right/

https://preview.redd.it/np9d2jizjqu91.png?width=608&format=png&auto=webp&s=6cceb2ac337a1a0c08a0c6b5669ef71cf3f3f2b5

As per the Financial Times article:

https://www.ft.com/content/cc21e7b9-f931-4481-a82b-4ed892aa9e10

Short sellers of DIAC, whose trading was halted on the Kosdaq last March because of audit failures related to financial problems, are expecting losses after the company split and merged with its auto parts affiliate Dual through a share swap.

The short positions were worth about $13.5mn at the time of the stock suspension and had increased to $930mn as of last week, said traders. Less than five per cent of DIAC shares were held short when the stock last traded. Investors shorted the company because of uncertainty over the value of an anticancer drug it was developing in clinical trials. But since the trading suspension, the stock’s value has jumped 69 times, while Dual shares have increased more than 1,500 times from Won107 to Won161,000 (US$0.09-$164) on the K-OTC market since September.

Yes, you read that right. On just 5% Short Interest, the company called DIAC had a price jump of its stock of an approximate +6900% short squeeze. And as for the other firm involved, Dual, the article does not detail what the Short Interest was. However it was likely slightly higher, as this All-Share Deal saw its share price balloon through a +150,000% short squeeze. That's 150 thousand % for those of you at the back!

5. What does this have to do with GameStop?

Let me go back to the post I referenced in the Preface, by u/DarraghGogarty:

https://www.reddit.com/r/Superstonk/comments/y7gqdh/carl_ichan_is_not_going_to_buy_gme_shares

https://preview.redd.it/h8d3zdl2mqu91.png?width=736&format=png&auto=webp&s=a1f8b39c660fff7c56d41e397f3936fd18c49bc4

Let us say things play out exactly as specified above.

We know that Towel Stock is in the "Meme Basket" alongside GameStop, likely by the same short sellers, with very high Short Interest. Should Icahn Enterprises carry out step 1 above using an All-Stock Deal, it may result in a similar short squeeze to one or two of those I have exampled above of Towel Stock's shares. And then if GameStop carries out a buy-out of BABY from Icahn Enterprises, which involves an All-Stock Deal share swapping of GME, well that could result in a short squeeze of its stock.

The key here could be the 1-2 combination. Step 1 puts the shorts on the ropes, given Towel Stock's very high Short Interest. But step 2 is the final knock-out blow, as GameStop has likely the highest Short Interest ever seen in the history of capitalism... And if this were to be what takes place in the coming months then, my dear Apes, I believe it delivers MOASS.

6. TLDR

M&A deals typically involve All-Cash Deals or All-Stock Deals. All-Cash Deals are far more common, as it results in an acquisition price being set, but prevents short squeezes. However All-Stock Deals can result in continued trading of the shares of the companies involved. Until the final deal is completed, this could mean large changes to share prices. In this DD, I have provided some examples of huge short squeezes of companies that had high Short Interest, and who were undergoing All-Stock M&A Deals. If such a corporate action were to play out involving GameStop, such as through some collaboration between Icahn Enterprises and RC Ventures/GameStop, it could well mean lights out for Kenny & Friends.


IPTV BOX : Best IPTV For Firestick

Internet Protocol Television is very common. if you wish to watch the most recent television shows, films, and sports. Internet protocol television services offer streaming. Due to the fact that you may purchase your packages through your subscription, it is less expensive than dish television. The most recent television shows and sporting events hold a lot of interest for this age. Additionally, Internet protocol television is the finest for watching the most recent shows, sports, and news updates. Many thousands of channels are available to viewers in both their own country and abroad. This TV is therefore the best for consistently subscribing to thousands of channels on a monthly, annual, and yearly basis. It can be challenging to find the best IPTV subscription service. Find the top providers by looking at the IPTV reviews. If you want to connect best IPTV providers read our guide

What makes a best IPTV

A top IPTV provider will charge a fair price and give a large selection of buffer-free channels. Most IPTV systems sometimes buffer. You'll require a quick internet connection because it will be broadcasted live. The typical speed is 10Mbps, while 1080p requires 15Mbps, and the forthcoming 4K Ultra HD will need 25Mbps. Obviously, the faster, the better. High definition video may be played while handling a large number of channels rapidly and effectively with IPTV technology.

Users can access IPTV on a variety of devices thanks to apps available for Android TV boxes, computers, smartphones, and even the Amazon Fire TV Stick. The flexibility to use many devices at once is another feature I love. It's nice to have an IPTV service, just as it's great to have a standard Cable TV service in several rooms, an IPTV player, and an IPTV smarter. The ability to test out the service beforehand is also beneficial. With a free trial to see if it satisfies your needs. To avoid being bound onto a single service, avoid paying for a year's worth of service in advance. Use PayPal if at all possible because they will set up a return if there is an issue. You can utilize various devices, free trials, and monthly plans in addition.

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One of the advantages of the internet protocol-based platform is the possibility to integrate television with other internet-based services.

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Video-on demand

VOD is adding video on demand (VOD) to television, allowing customers to browse an online program or film library, watch trailers, and then select a recording. The playout of the selected item will be shown on the customer’s TV or computer.

A point-to-point unicast connection is established between the client’s set-top box and the streaming server when the consumer selects the movie. The signaling shows the trick play function. The Real Time Streaming Protocol ensures this.

MPEG-2, MPEG-4, and VC-1 are the most often used codecs for VOD.

VOD content is normally secured in order to prevent piracy. Digital rights management is a type of protection for satellite and cable television transmissions. After payment, a selected film may be able to be viewed for up to 24 hours. Best IPTV service provider will provide the best VOD service and IPTVUNLOCK is one of them.

How to get your connection

The places where people want to contact the best IPTV providers in order to set up connections are important. Furthermore, consumers are receptive to suggestions from friends and relatives for the best IPTV service providers. You can find a variety of service providers for you on the internet. You can contact providers via the internet and do not need to disclose your home address or any other information in order to receive IPTV services. You simply purchase a special plan from IPTV service, the best and most popular IPTV service provider. In today’s world, many users love an IPTV server to a cable connection. More cable channel users are transferring to IPTV networks for a number of reasons.

How to buying best IPTV Subscription

IPTV service is the ideal solution for anyone looking for the best IPTV to watch movies and shows on a continuous basis. You will be able to access thousands of sports and offline series with ease.

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IPTV must first deal with traditional television before choosing an IPTV service provider. The main difference between internet-based TV and traditional television is that no cable is required. Best IPTV service providers can easily give users with the most correct information

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The majority of people like to watch live stream western movies online. Anyone with an IPTV service connection can watch an unlimited amount of movies and current serials on any electronic device.

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People will choose any of the payment options that satisfy them. You may also schedule your time so that you can easily view the series or films. As a result, you can use PayPal or a debit card to purchase an IPTV package from the best IPTV service.

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IPTV services work on all devices, including TVs, LCD and LED TVs, PCs, laptops, and mobile phones. As a result, you may easily create an account at IPTV and share your id password with your family members.

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If you don’t know how to use IPTV, you need to go to the IPTV website. It will take you through the entire process of learning about IPTV services. Apart from that, IPTV services are convenient to use because they allow you to pause and rewind your viewing. The visual and aural acoustic quality matches the scenic beauty.

Best IPTV Subscription

Because of its fast release of new features and increasing market share, the profitable world of IPTV has inspired a desire to compete against all other TV providers to supply quality content. No discussion of the best IPTV subscription provider.

IPTVUNLOCK

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If you read this, you’ll realize why IPTV has been popular in recent years. With the service, you may watch all of these channels from anywhere in the world on a variety of devices. It is, however, well worth the money, even with its top plans.

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Incredibly Useful On-chain Charts That Will Help You Time The Market

Hi, this is eth_whalehunter.

Want to get an unfair edge over the competition? Find out how to better time the markets with these cryptoquant charts.

Using on-chain analysis and TA, I sold most of my crypto in December and have been chilling in stables until recently.

If TA and analysis is just astrology for men for you, then it's best you skip this post. Most people I know that hodled and rountripped their portfolio got rekt last year.

full post with images

How to buy BTC at the Global Bottom

To know when the bottom is in, you need a signal that a capitulation event is happening/has happened. This is where the Bitcoin: Exchange Inflow (Mean, MA7) chart comes in handy. We will abbreviate it as EIMMA7 from now on.

Don’t worry if you don’t understand all the jargon. I will break it down for you.

You can access this chart for free on cryptoquant (here).

This cryptoquant chart allows you to look at the mean amount of BTC flowing into exchanges on a 7-day moving average (MA7) and the BTC price.

Mean is similar to the average, where it is the sum of all the given data values divided by the total number of data values given in the set. In this case, we look at the “average” amount of BTC sent to exchanges.

All exchanges: mean spot & derivative exchanges for which data is available on cryptoquant. Spot exchanges are exchanges where you can buy and sell Bitcoin and other cryptocurrencies. Derivative exchanges allow you to go long and short with leverage. Some exchanges like Binance allow you to do both. * 7-day moving average:* A moving average takes the past days of numbers, takes the average of those days, and plots it on the graph. For a 7-day moving average, it takes the last 7 days, adds them up, and divides it by 7.

Now that we have some of the terminologies out of the way let’s tackle the critical question, which is:

Why is this important? When capitulation events happen, or in other words, the market turns red, the EIMMA7 spikes up drastically as the mean amount of BTC goes up drastically. When the mean goes above 2BTC, it’s generally a good indicator that the market has hit a global bottom.

Why is this happening? * Whales are capitulating and thus sending a large amount of BTC to exchanges.

  • Whales are sending BTC to derivative exchanges to cover underwater long positions.

  • Whales are sending BTC to derivative exchanges as collateral for long positions.

Recipe for buying the dip at global bottoms:

  1. Wait for the capitulation event: BTC drops -25%+
  2. Bitcoin Exchange Inflow (Mean, MA7) > 2BTC
  3. Check other on-chain metrics: MVRV, Puell Multiple. (check my post history).
  4. Profit!

This is an extensive topic, and I'm just scratching the surface. Let me know if you have any questions. With on-chain analysis, i focus mostly on long-term investing. Ideally, you only want to do a few trades per year.

Read the full post with images