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I have to beg to differ. The Robinhood "infinite money cheat code" was WSB's finest hour.
by ForHackernews 6y ago
I have to beg to differ. The Robinhood "infinite money cheat code" was WSB's finest hour.
- OGWhales 6y ago“It literally can’t go tits up”
- StavrosK 6y agoWhat was that, for those of us out of the loop?
- 0xcde4c3db 6y agoI don't remember (and maybe never read) the exact details, but as I recall it wasn't so much "infinite money" as "infinite leverage". You could somehow buy assets leveraged, then make the system "forget" that those assets were already leveraged, so it lets you leverage them again to buy something else.
- ForHackernews 6y agoDecent article here: https://banyanhill.com/robinhood-infinite-leverage-money-cheat-code/ https://banyanhill.com/robinhood-infinite-leverage-money-che... Amusing video here: https://www.youtube.com/watch?v=qKXrVriacUM https://www.youtube.com/watch?v=qKXrVriacUM