Never forget: "Not your keys, not your Bitcoin."
This is something a lot of people still don't understand. Unfortunately a great number of them aren't newbies either but, but... it's much more convenient! Robin Hood was a good guy, right?  The more the better, to liquidate  While it seems bots are pushing down the price into a narrow range. WS collecting money for buying GME stonks? Now it's WallStreetBullies vs. WallStreetBets. Let's get it on!  I like to be in America! O.K. by me in America! Ev'rything free in America For a small fee in America! |
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Can you imagine working in Gamestop HQ. Your stores have been closed for a year due to a plandemic and your stock is way down...facing bankruptcy, you see the writing on the wall when a major hedge fund known for killing companies shorts the shit out of your stock and starts having their media puppets talk about how worthless your stock is...
You sit there at the office, go on Monster.com to find another job, you start packing up your personal items so you don't have to worry about them later, you check in on your co-workers that will probably have a hard time finding another job...
Then you come into work the next day and find out that some random reddit posts are turning your company into the next Google.
I bet you it would be similar to working an night shift at any other nondescript location having worked there for many years with no desire to find any other employment because it all sucks, checking your phone on your lunch break and seeing a bitcoins value skyrocketing towards nineteen thousand dollars US and realizing that your night-shift-working days are about to be terminated with prejudice. No other job required. It would be similar to that but not quite as good  |
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Some people suddenly seem to faint with ecstasy whenever someone pronounces the name "Gamestop".
This is not about Gamestop, this is about shorters using their influence to artificially push prices down even further. It's about abuse of power. And that's indeed unacceptable.
No I agree, and I think most people, even the degenerates on WSB know what it's all about. It's become Occupy Wall Street 2.0 in cyberspace. But funny thing though, no one seems to care when Wall Street hitches all the hedge fund wagons and indexes to a few FAANG stocks, and then has the Fed give the CBs trillions in free money to continue pumping those few stocks to the moon. Just as corrupt a situation, if not more so. It's collusion of the highest order. I'm sorry Torque, Elwar, and others: I think this is "all about" a simple pump and dump married with a warped assed sense of "social justice". Feelings are a commodity like corn or oil, and in this case feelings of "rage" are being cashed into pumps and dumps across the financial spectrum. In the old days the hucksters would have to call you on the phone from a suckers' list and pitch you pink sheet stocks that you buy, price goes up a bit, they sell, you're left with worthless crap. Back then the hook would be greed, stupidity, maybe religious fervor (your church could get a new steeple! Or more clubs to bash Gay people!). Shit they made movies about this con game. But now... Now it's "different". Now you can profit off peoples' rage and lack of willingness to do anything about it. Instead you can get them to crowdfund a "cause", stick it to the "man" and all the while the shares you bought go off to the moon. "Look, he's honest, he has a hundred million in shares and *only* cashed out 5m!". Much like Occupy people were fucked, and Q-Anon people were fucked, these guys will be fucked. But the trick is the exit strategy in this con counts on these people saying "Well I lost my $100 but at least I was able to stick it to the MAN!!!" And they will be happy and the instigators will get their money. Maybe it's even worth it in some twisted way.... All true but in this case, because of how much is shorted and how much the company holds, this is very good financially for Gamestop the company as well. In the process of pumping GME for "insert reason", the internet has created a behemoth that won't easily dump. It is likely a pump and dump without the dump part. Gamestop the company doesn't have to get permission to issue new shares to make billions off of this. They can sell the shares they currently hold and instantly become a major company that can't be dumped. It's even possible they already have a deal in place worth billions. We will probably find out on Monday as their fiscal year ends on Sunday and they will be allowed to make public statements again. I get that this wasn't the intent of the pumpers but life has a funny way of changing what you intended into something you never intended. There was already a movement afoot by a few individuals to revitalize GameStop which included a refreshment of the board of directors. https://seekingalpha.com/article/4373819-gamestop-chewys-founder-ryan-cohen-finds-whats-next Ray Cohen had already planned to turn GameStop around, had forced some board resignations and brought some new talent along with him. https://www.globenewswire.com/news-release/2021/01/11/2156168/0/en/GameStop-Announces-Additional-Board-Refreshment-to-Accelerate-Transformation.html I wonder how it would have played out without the help of Reddit - Andrew Left and his cronies vs Ray Cohen and his new talent and money. |
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‘They’re the Wall Observers, they’ve been in BTC for years’  We're poor now.  Guys, guise, guys! One of the girls in this pic had barely turned 15 when this movie was released which means she was likely 14 when these promo pictures were taken. Put your bitcoin back in your pocket and keep your stick on the ice! |
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https://www.reddit.com/r/wallstreetbets/comments/l7wulr/this_is_for_you_dad/(first post was removed, not sure why)
I remember when the housing collapse sent a torpedo through my family. My father's concrete company collapsed almost overnight. My father lost his home. My uncle lost his home. I remember my brother helping my father count pocket change on our kitchen table. That was all the money he had left in the world. While this was happening in my home, I saw hedge funders literally drinking champagne as they looked down on the Occupy Wall Street protestors. I will never forget that.
My Father never recovered from that blow. He fell deeper and deeper into alcoholism and exists now as a shell of his former self, waiting for death.
This is all the money I have and I'd rather lose it all than give them what they need to destroy me. Taking money from me won't hurt me, because i don't value it at all. I'll burn it all down just to spite them.
This is for you, Dad.
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https://twitter.com/justinsuntron/status/1355163433700745220 " $1 Mil doesn’t seem enough, I’ll be buying $10 Mil $GME instead tonight from Asia when market opens! It’s time to unite & squeeze out those greedy hedge funds! Wallstreetbets, 4 billion Asian community & 20 mil $TRX community supports u! Let’s do this! 💪🏻
@WSBChairman @wsbmod" ~ Justin Sun
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If Bitcoiner can be a gender or identity then you're good !
Too bad for Kraken, I can't do my usual arbitraging.
Based on my experience, Bitcoiner is definitely an identity and there aren't enough of us yet. |
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I used to be a defense contractor. One of my friends still in that world told me
"Rumor has it the military is telling contractors they can't buy in to crypto"
When I was in, there were similar guidances with regards to things they felt a threat to their order.
They enforce it by holding your clearance over your head.
The whole point being that if Bitcoin replaces the dollar they lose their printing press funding their decades long wars.
Bitcoin is the destroyer of long term wars. They're finally figuring out what we've known all along. And they're scared.
No, it's all good now. Bitcoinist(a)s can serve in uniform. https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/25/executive-order-on-enabling-all-qualified-americans-to-serve-their-country-in-uniform/edit: oh wait, that only applies to transgender Bitcoinist(a)s. Guess I should have read it all rather than just the headline  |
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Ben Bernanke is on the Citadel payroll as "Senior Analyst"
...but if you say deep state or crony capitalism then you're a conspiracy theorist. "Deep state," definitely yes. There is already a global cabal of elites who really are molding the machinations of world finance in their favor; no need to invent new terms for boogeyman value. Conspiracy theorist!  |
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Ben Bernanke is on the Citadel payroll as "Senior Analyst"
...but if you say deep state or crony capitalism then you're a conspiracy theorist. |
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Well how about them apples....looks like Citadel's funds are safu   |
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From what I gather, we're about to go long avocados. BUY! BUY! BUY! (hey they freeze well) |
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GME hitting 430 in in before hours trading. A sight to see indeed, I wonder if it becomes a 100 billion dollar company. If these gamblers are pissed at wall street and all the games they play, what ever profits they get they should plow into Bitcoin. that would be another fuck you. Edit: 450 Edit2: Blown away by these shorts apparently GME is still 140% short, this thing could go to 10,000 if the run keeps going https://www.zerohedge.com/markets/we-have-some-bad-news-gamestop-shortsEuropean eToro has even stopped trading GME until NYSE opens, those fucks. I think everywhere is going to block retail on this. Those shorts haven't even been covered yet according to ZH article. This thing could bring down a lot of people. What do you mean by not covered yet? I mean the shorters haven't exited their postions yet. Which means a short squeeze hasn't happened yet. Shorters can only exit their position by buying the same number of shares they have shorted. When this happens it will add to the buying demand even more. I'm shocked that there has been no covering yet, these shorters are sitting on billions of dollars of losses. Maybe they're sitting on ever-increasing potential losses while waiting for Amazon, Apple and Google to shut down Robinhood. I believe Robinhood relies on AWS + App store/Play store for dist. Also, it would be no surprise to anyone if big gov't bailed out big finance at the expense of little guy... again. |
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Dude almost didnt get the message with only 2% battery left. Lucky bastard! |
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It's not true. edit: I mean I believe you about the 'feels' but the story itself isn't true.
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Now if that's true it's like Nintendo telling that boy, "have fun staying poor" in a way that we in the WO would not condone. I'm sure it's not true. |
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I could be OK with 500K per, but just barely. EDIT: as to printing and taxes-I never got stimmy II even though they have my info. A post office "dog'' must have eaten it. I just hope that I would not have to go through some bureaucratic nightmare when turbotax would claim that I got it and I did not (de facto). I file my taxes in october a legit extension. as of today no stim check ii and no tax refund. over 4k due me between the two. maybe it comes on my birthday at the end of this week. I got stimmy 2 but no stimmy 1. My SO got neither yet. What a fkd up system. You must have made out like a bandit with mail-in voter forms though? |
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