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text editor posted:read a few times and I still don't understand why the art seller has to have money to pay the buyers? sounds like they were originally going to do the non-bitcoin-related scam where some co-conspirator writes him a big fake check and the scammers get him to pay them their commission for 10% of the check's face value in realmoney before the fake check bounces and he realizes he's on the hook but the op was dumb enough to just give them his laptop with his crypto wallet unlocked so they got to do something much funnier instead
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Jul 23, 2021 00:06
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Jul 23, 2021 03:40
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No Al, Bitcoin
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Jul 23, 2021 03:57
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FAUXTON posted:yeah but the dumbass got owned by a basic security failure like "not securing your computer when you leave it unattended" yes exactly, the naive fross
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Jul 23, 2021 04:55
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What https://twitter.com/PPathole/status/1417910811339620353
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Jul 23, 2021 09:03
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"Can anyone smell burnt toast?" - Elon Musk
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Jul 23, 2021 09:17
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surprised to see elgin marbles implicitly endorsing labour theory of value
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Jul 23, 2021 09:17
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Money is a series of tubes.
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Jul 23, 2021 12:32
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id like to see him explain the velocity of money of bitcoins and it’s latency no wait actually I don’t
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Jul 23, 2021 12:34
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yr new gurlfrand! posted:id like to see him explain the velocity of money of bitcoins and it’s latency "....lightning...network?"
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Jul 23, 2021 13:04
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⚡️dogelon⚡️muskoin⚡️
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Jul 23, 2021 13:11
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In the other major internet-fueled form of wishful money-related thinking, the AMC/WallStreetBets crowd has come up with a new reason why their strategy of buying mediocre stocks hasn't made them infinitely rich yet... https://twitter.com/_laqwann_/status/1418394863700086789?s=20
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Jul 23, 2021 13:59
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that's a lot of words to describe something the author has less than zero comprehension about.
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Jul 23, 2021 14:06
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i thought all the people running those reddit groups worked at hedge funds anyway?
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Jul 23, 2021 14:12
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Chalks posted:i thought all the people running those reddit groups worked at hedge funds anyway? no they just filed fictitious name statements so they could cosplay hedge funds with names like "alpha bull analytic strategies"
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Jul 23, 2021 14:19
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hedgies in shambles for sure
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Jul 23, 2021 14:54
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wtf is a capital-A Ape
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Jul 23, 2021 15:01
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Hammerite posted:wtf is a capital-A Ape It's the term that the people buying meme stocks have given themselves. (Along with the slogan "apes together strong", to show how their imagined zerg-rush of dumb retail investment decisions is actually a moral fight against the banks/institutional investors/other forces of evil.) https://twitter.com/rolandoZ20/status/1418283910790844420?s=20
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Jul 23, 2021 15:12
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Hammerite posted:wtf is a capital-A Ape Agile Gibbon.
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Jul 23, 2021 15:15
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FAUXTON posted:no they just filed fictitious name statements so they could cosplay hedge funds with names like "alpha bull analytic strategies" they weren't hedge fund managers but a bunch of them were/are finance bros in other capacities iirc
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Jul 23, 2021 15:25
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i swear, keeping on top of all the ways people are dumb on the internet could be a full time job.
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Jul 23, 2021 16:06
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i made like ten bills on gme so wsb is good to me, actually
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Jul 23, 2021 17:48
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Forums Medic posted:i made like ten bills on gme so wsb is good to me, actually ten washingtons, I assume
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Jul 23, 2021 18:00
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no, bill as in restaurant bill
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Jul 23, 2021 18:02
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They used to call themselves the R-word last time I looked so props to them on not doubling down on being 4chan-edgy
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Jul 23, 2021 18:03
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LanceHunter posted:In the other major internet-fueled form of wishful money-related thinking, the AMC/WallStreetBets crowd has come up with a new reason why their strategy of buying mediocre stocks hasn't made them infinitely rich yet... this looks like qanon, but with stock market Mercury_Storm fucked around with this message at 18:10 on Jul 23, 2021 |
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Jul 23, 2021 18:03
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Forums Medic posted:i made like ten bills on gme so wsb is good to me, actually
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Jul 23, 2021 18:04
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"diamond hands" will never not amuse me, it's such a transparent scam on individual investors to hold longer than they should every time you buy something you should either have a date or a price target in mind for unloading it, you don't make any money until you sell
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Jul 23, 2021 18:05
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qirex posted:"diamond hands" will never not amuse me, it's such a transparent scam on individual investors to hold longer than they should you also don’t realize losses if you never sell. checkmate statist 😎
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Jul 23, 2021 18:20
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LanceHunter posted:In the other major internet-fueled form of wishful money-related thinking, the AMC/WallStreetBets crowd has come up with a new reason why their strategy of buying mediocre stocks hasn't made them infinitely rich yet... i don't understand these words
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Jul 23, 2021 18:21
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ymgve posted:ten washingtons, I assume Bill Franklin babey
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Jul 23, 2021 18:24
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Boxturret posted:i don't understand these words Mercury_Storm posted:this looks like qanon, but with stock market
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Jul 23, 2021 18:27
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Sapozhnik posted:They used to call themselves the R-word last time I looked so props to them on not doubling down on being 4chan-edgy wallstreetbets still does that and "autists" but iirc they kicked out the amc/gamestop "number go up" cultists because they were completely taking over what was supposed to be a shitposting subreddit, so those people moved somewhere else
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Jul 23, 2021 18:29
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qirex posted:"diamond hands" will never not amuse me, it's such a transparent scam on individual investors to hold longer than they should ...b-b-b-but they said that there are more shares being shorted than there are shares in circulation! And they said the naked shorts are required to buy back the shares on their due date! a-a-a-and if we just all have diamond hands and keep our shares in the never-sell "infinity pool", then the short-sellers will have to keep paying more and more to cover their shorts until the price is infinity. Then you can see just 1 share and be a billionaire!* *This is what these people actually believe. At least, what they tell each other that they believe. I imagine most of them realize this isn't accurate and think that they're going to "double-cross" the other apes by selling eventually when they can be mere millionaires. Also, they clearly don't understand that it is within AMC or Gamestop's power to just issue more shares.
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Jul 23, 2021 18:30
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LanceHunter posted:...b-b-b-but they said that there are more shares being shorted than there are shares in circulation! And they said the naked shorts are required to buy back the shares on their due date! a-a-a-and if we just all have diamond hands and keep our shares in the never-sell "infinity pool", then the short-sellers will have to keep paying more and more to cover their shorts until the price is infinity. Then you can see just 1 share and be a billionaire!* but why would they issue more shares, then the share price won't go up to infinity, which is of course the only purpose of shares
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Jul 23, 2021 18:41
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I'm a long term investor but every individual stock I hold regularly issues dividends
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Jul 23, 2021 18:43
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LanceHunter posted:It's the term that the people buying meme stocks have given themselves. (Along with the slogan "apes together strong", to show how their imagined zerg-rush of dumb retail investment decisions is actually a moral fight against the banks/institutional investors/other forces of evil.)
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Jul 23, 2021 18:45
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I'm not shocked at the walls of incomprehensible jargon because it's kind of cosplaying what real investors do, when you learn about a part of the financial industry a lot of it is just understanding the slang, since stock traders use different terms than forex people, etc. I got a peek at a customer's bloomberg chat window once [with permission] and it was about as comprehensible to me as a teen group text would be
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Jul 23, 2021 18:52
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I long for the olden days of gambling on AAPL options before earnings. why hodl when you can treat the stock market like a scratcher ticket?
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Jul 23, 2021 19:07
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LanceHunter posted:...b-b-b-but they said that there are more shares being shorted than there are shares in circulation! And they said the naked shorts are required to buy back the shares on their due date! a-a-a-and if we just all have diamond hands and keep our shares in the never-sell "infinity pool", then the short-sellers will have to keep paying more and more to cover their shorts until the price is infinity. Then you can see just 1 share and be a billionaire!* someone here once described bitcoin as a real life implementation of the prisoner's dilemma where all participants are all just constantly mashing the betray button and i think about that whenever i read something like this
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Jul 23, 2021 19:17
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