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Rynex posted:Sorry but the moral of the Robin Hood story was that it requires the rich to stay rich so that the titular hero could keep taking from them and give to the poor. the OG robin hood folktales were about a band of ne'er-do-wells loving with the local lawman, with no politics involved by reimagining robin hood as a disenfranchised nobleman and making Prince John the antagonist, the modern version of robin hood is actually now about a member of the elite ruling class fighting to secure his hereditary privilege against a reformer bent on populist wealth redistribution (admittedly accidental, John only wanted to tax the rich because the poor were out of money) so the app name is completely in line with the modern, pro-establishment version of the story
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Jan 28, 2021 23:43
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I have 9100 dogecoins.
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Jan 28, 2021 23:44
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P sure in Trading Places they were trading in futures contracts not stocks. As I understand it, Winthorpe and Valentine where basically selling contracts where they are promising to sell OJ at $1.42/lb. The other traders (including the dukes) think the prices will be even higher, so they agree to buy OJ from Winthorpe and Valentine at $1.42. The real crop report comes out and the price of OJ tanks. Later Winthorpe and Valentine start buying contracts allowing them to buy OJ for $0.29. So they can buy at 29 cents and sell at $1.42 making them rich. The Dukes on the other hand now have to buy OJ at $1.42 and sell it at 29 cents.
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Jan 28, 2021 23:45
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I'm looking forward to goons being wrong about this, like bitcoin and pretty much everything else they post about.
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Jan 28, 2021 23:47
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satanic splash-back posted:I'm looking forward to goons being wrong about this, like bitcoin and pretty much everything else they post about. What's there to be wrong about? It already happened
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Jan 28, 2021 23:50
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still mad i only got enough bitcoin to get a fake ron paul check i didnt get before writing the whole thing of as a scam for idiots but it turns out plenty of idiots could scam themselves some profit along the way from bigger idiots until the real idiots are the ones who never got into the scam at all
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Jan 28, 2021 23:50
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Just got an e-mail from Robinhood saying they'll open up trading again tomorrow but in a limited capacity so it seems like they're stuck between a rock and a hedge funder on this one.
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Jan 28, 2021 23:55
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Lol that one of these apps are going to one day allow people to Goonswarm the stock market lmao
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Jan 28, 2021 23:56
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Bogus Adventure posted:Lol that one of these apps are going to one day allow people to Goonswarm the stock market going to?
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Jan 28, 2021 23:57
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Chinatown posted:going to? It's close, but RH has pulled the plug on GameStonk trading.
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Jan 29, 2021 00:03
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https://twitter.com/justinkan/status/1354853920762253315 Seems uh, extremely illegal if true. But also the kind of illegal that will never face any real consequence legally so, y'know, hold the line.
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Jan 29, 2021 00:03
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I need something explained to me: The hedge fund shorted the stock again after the price went up, right? So even if the first set of shorts are a loss, won't they stand to make a lot of money when the second set are due and the price has collapsed?
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Jan 29, 2021 00:04
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Elon tweeted a doge meme, the new pump is crypto you guys. doge up 16.5% in an hour, 285% today.
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Jan 29, 2021 00:05
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satanic splash-back posted:I'm looking forward to goons being wrong about this, like bitcoin and pretty much everything else they post about. Goons aren't wrong about bitcoin or cryptocurrency as it exists today from a "is this actually useful" and "will this ever be used as currency" perspective. It is absolutely useless garbage propped up by tech illiteracy, ideology, greed, and naivety. At any given moment bitcoin could realize its true value: $0. Will it in our lifetimes? I don't know. Bitcoin did make me feel more comfortable speculating on certain things that aren't fundamentally sound. Crypto showed that a certain type of person will throw money at nothing and that even institutional investors will gamble on something worthless. Khorne fucked around with this message at 00:27 on Jan 29, 2021 |
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Jan 29, 2021 00:07
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Mr_Companie posted:Elon tweeted a doge meme, the new pump is crypto you guys. doge up 16.5% in an hour, 200% today. If Elon is tweeting about stonks and dogecoins, who is designing a death trap tunnel under LA????
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Jan 29, 2021 00:07
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CheeseThief posted:I need something explained to me: Yes, supposing that the price does collapse by that time. Reddit needs to HODL now.
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Jan 29, 2021 00:09
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Oh poo poo yeah my doge is going up!!
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Jan 29, 2021 00:11
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Galewolf posted:If Elon is tweeting about stonks and dogecoins, who is designing a death trap tunnel under LA???? The same guy who designed the exits from the back seats in the Teslas in the event of a power failure.
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Jan 29, 2021 00:13
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I spent exactly the amount of money i would personally find hilarious to have lost on an imaginary dog coin. From here there are only positive outcomes
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Jan 29, 2021 00:14
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CheeseThief posted:I need something explained to me: Yes but this was after removing RH users' ability to purchase GME.
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Jan 29, 2021 00:14
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Ignite Memories posted:I spent exactly the amount of money i would personally find hilarious to have lost on an imaginary dog coin. From here there are only positive outcomes $420.69?
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Jan 29, 2021 00:16
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America. Do not bail these fuckers out. Lets go all the way https://www.youtube.com/watch?v=X-tYprm1WRo
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Jan 29, 2021 00:17
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is there any share i can buy for 10 or 20 bucks and then like 15 years later i can cash sell it to have enough money to buy a house in 2036? ten or twen bucks total for one share, i don't want to be worrying about remembering more than one share of stock market for 15 goddamn years
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Jan 29, 2021 00:17
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Dear Watson posted:Oh poo poo yeah my doge is going up!! we are going to be rich my dude
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Jan 29, 2021 00:17
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Dear Watson posted:$420.69? It's beautiful.
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Jan 29, 2021 00:17
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Khanstant posted:is there any share i can buy for 10 or 20 bucks and then like 15 years later i can cash sell it to have enough money to buy a house in 2036? Taco Bell duh they're gonna win the war and own all food industry
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Jan 29, 2021 00:20
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Colonel Cancer posted:Taco Bell duh they're gonna win the war and own all food industry Yum Brands, owner of Taco Bell among other fast food joints is at $102.53 
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Jan 29, 2021 00:26
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That’s too much. Doge is like 2 cents, way more manageable
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Jan 29, 2021 00:27
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Take triple your investment out now and hold the line and see how it plays out, is my advice!
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Jan 29, 2021 00:32
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Straight White Shark posted:so the app name is completely in line with the modern, pro-establishment version of the story Well gently caress, you're right.
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Jan 29, 2021 00:32
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Khorne posted:Wrong about what? This is running commentary on something that already happened. No one has said anything to be wrong about. Wrong in that everyone in the original bitcoin threads made fun of them and said anyone buying them or mining them was wasting their money & time. Doesn't matter that bitcoin is essentially useless, goons were still wrong about it being dumb to buy them.
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Jan 29, 2021 00:33
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Apparently AOC is going to be on Twitch at 8:30 with Chamath Palihapitiya (from that CNBC interview) and some other people. Edit: https://twitter.com/AOC/status/1354927288245231618 itry fucked around with this message at 00:38 on Jan 29, 2021 |
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Jan 29, 2021 00:35
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Colonel Cancer posted:Taco Bell duh they're gonna win the war and own all food industry hate to break it to you but I'm never giving them my business again after the outrageous price increase of bean burritos with extra onion. as others rise up to do the same, might want to start selling off your yum stock now before the dominoes come toppling down. never get greedy with bean burritos, it never pays out
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Jan 29, 2021 00:36
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Panic! At The Tesco posted:Wrong in that everyone in the original bitcoin threads made fun of them and said anyone buying them or mining them was wasting their money & time. Kinda? Plenty of people still lost their shirts on it along the way.
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Jan 29, 2021 00:37
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the only lore i know about jeffrey is that he is some sort of bitcoin millionaire and he's pretty much the Ur Goon now, right?
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Jan 29, 2021 00:39
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Dear Watson posted:$420.69? My 69 portfolio is all hills and valleys, or should I say heads and tails.
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Jan 29, 2021 00:41
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Clearly, the solution is for SA to make our own Awful Day Trading app.   
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Jan 29, 2021 00:41
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Panic! At The Tesco posted:Wrong in that everyone in the original bitcoin threads made fun of them and said anyone buying them or mining them was wasting their money & time. Given that you can have them stolen or you may simply lose them (20% of all the bitcoins that have ever been mined are lost) if you forget your private key, and you have no recourse should either occur. it still seems pretty dumb to buy them regardless of their price. 
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Jan 29, 2021 00:43
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mikemil828 posted:Given that you can have them stolen or you may simply lose them (20% of all the bitcoins that have ever been mined are lost) if you forget your private key, and you have no recourse should either occur. it still seems pretty dumb to buy them regardless of their price. You don't need to own or even touch a bitcoin to invest in them.
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Jan 29, 2021 00:45
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You can make money off bitcoin, but no one is sure why.
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Jan 29, 2021 00:48
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