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Epic High Five
Jun 5, 2004



The Alpha Centauri posted:

:wtc: how is that allowed

if this was to stop something like 2008 style destruction it absolutely wouldn't lol

HOWEVER

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In Training
Jun 28, 2008

Epic High Five posted:

I have no idea how he responds or if he does at all, but if Joe's like 2nd or 3rd public act is to bail out the nakedly criminal hedge funds and banks (and whoever else is caught up in this) and admonish or even prosecute people investing like they'd been told their whole lives, that'd be some serious Obama burnout speedrun poo poo lmao

I want so so badly for a hedge fund bailout to happen before the stimulus is done, everyone would be absolutely loving done with the country overnight lmfao

goth smoking cloves
Feb 28, 2011

They targeted gamers.

Gamers.

We're a group of people who will sit for hours, days, even weeks on end performing some of the hardest, most mentally demanding tasks. Over, and over, and over all for nothing more than a little digital token saying we did.

We'll punish our selfs doing things others would consider torture, because we think it's fun.

We'll spend most if not all of our free time min maxing the stats of a fictional character all to draw out a single extra point of damage per second.

Many of us have made careers out of doing just these things: slogging through the grind, all day, the same quests over and over, hundreds of times to the point where we know evety little detail such that some have attained such gamer nirvana that they can literally play these games blindfolded.

Do these people have any idea how many controllers have been smashed, systems over heated, disks and carts destroyed 8n frustration? All to latter be referred to as bragging rights?

These people honestly think this is a battle they can win? They take our media? We're already building a new one without them. They take our devs? Gamers aren't shy about throwing their money else where, or even making the games our selves. They think calling us racist, mysoginistic, rape apologists is going to change us? We've been called worse things by prepubescent 10 year olds with a lovely head set. They picked a fight against a group that's already grown desensitized to their strategies and methods. Who enjoy the battle of attrition they've threatened us with. Who take it as a challange when they tell us we no longer matter. Our obsession with proving we can after being told we can't is so deeply ingrained from years of dealing with big brothers/sisters and friends laughing at how pathetic we used to be that proving you people wrong has become a very real need; a honed reflex.

Gamers are competative, hard core, by nature. We love a challange. The worst thing you did in all of this was to challange us. You're not special, you're not original, you're not the first; this is just another boss fight.

Hatebag
Jun 17, 2008


Seems like blackberry was the choice dumbass stock today

Omnicarus
Jan 16, 2006

So there's another tab on this trading app that is called Forex is that something worth looking into?

dorkasaurus_rex
Jun 10, 2005

gawrsh do you think any women will be there

even my capcom stock from the other day is up



and they said games woujld never amount to anythin

Agrajag
Jan 21, 2006

gat dang thats hot

Senator Mcmurder posted:

Bought BB on Friday, just sold now for 10$ more per share. Made over 1000$ in profit for clicking a button twice, all in a tax free account. How is the economy even real? It's getting very hard to go back to pretending to do my real job after that. :crackping:

lmao the "economy" is a lie that capital wants us plebes to believe in

STONKS GO UP!! MONEY MACHINE GO BRRRRRRR

Oil!
Nov 5, 2008

Der's e'rl in dem der hills!


Ham Wrangler

The Alpha Centauri posted:

:wtc: how is that allowed

If blatant illegal market manipulation in the opening is happened, the trading house can stop trading. poo poo, they can reverse trades if poo poo gets too bad.

Accretionist
Nov 7, 2012
I BELIEVE IN STUPID CONSPIRACY THEORIES

Senator Mcmurder posted:

Bought BB on Friday, just sold now for 10$ more per share. Made over 1000$ in profit for clicking a button twice, all in a tax free account. How is the economy even real? It's getting very hard to go back to pretending to do my real job after that. :crackping:

That is how easy it is for the rich.

Now imagine sloshing around millions where 1% makes it worthwhile.

The rich have this country wired.

Paolomania
Apr 26, 2006

For anyone that missed the Chamath segment on CNBC: https://www.youtube.com/watch?v=wgYZk9Mc804

TMMadman
Sep 9, 2003

by Fluffdaddy
Lmao this is just like when I go to a casino. I take my 200 bucks and sit down at a 5 or 10 dollar blackjack table and then just play until I either lost all the money or I'm up like 200-300 bucks. And the whole time i'm at the table i'm just hooting and hollering and having a good time for a couple hours.

Today is the same thing, I've got ~200 bucks spread between AMC and NOK and I'm just hooting and hollering as I watch the numbers go up and down.

Empress Brosephine
Mar 31, 2012

by Jeffrey of YOSPOS
Bbw going up up up

Brrrmph
Feb 27, 2016

Слава Україні!

What a sentence.

fanfic insert
Nov 4, 2009

Chamale posted:

I can't stop just refreshing the GME and AMC tickers.

Stock went up: rofl
Stock steady: lol
Stock went down: lmao

I go

up: lmao
steady: rofl
down: awoooooooooo

Epic High Five
Jun 5, 2004



In Training posted:

I want so so badly for a hedge fund bailout to happen before the stimulus is done, everyone would be absolutely loving done with the country overnight lmfao

it's absolutely the accelerationist stance

I know they're framing this as basically just Melvin being hosed but there's no chance there isn't some massively complex and extremely illegal interconnectedness going on between them and tons of others that can't stand to have one just fail outright and suddenly

1stGear
Jan 16, 2010

Here's to the new us.
lmao friday is going to be buck loving wild

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer
Oh wow, Robinhood actually bought me Nokia.

I did it guys. I'm an investor capitalist who deserves the guillotine.

Me rn

elaboration
Feb 21, 2020

Empress Brosephine posted:

Bbw going up up up

is that so.

Nonsense
Jan 26, 2007

trading is malarkey unfilled assholes

sonatinas
Apr 15, 2003

Seattle Karate Vs. L.A. Karate

Omnicarus posted:

So there's another tab on this trading app that is called Forex is that something worth looking into?

you should short on forex, be like soros

Gringostar
Nov 12, 2016
Morbid Hound

kreeningsons posted:

this guy can get completely hosed. he used his Enron dollars to fund a surveillance plane that circled my city for months and then sold the footage to the cops. for six months during normal working hours I could hear this extremely grating engine buzzing noise of this little Cessna with a high resolution camera going around and around in circles.

should have shined lasers at the plane to hopefully blind the gently caress out of the surveillance poo poo

dorkasaurus_rex
Jun 10, 2005

gawrsh do you think any women will be there

Accretionist posted:

That is how easy it is for the rich.

Now imagine sloshing around millions where 1% makes it worthwhile.

The rich have this country wired.

not just that, but they often do it with borrowed money, which thanks to record low interest rates, is literally nearly just free money with almost no risk or consequences, effectively spurring increasingly speculative, risky bets

ALSO: regular mom n pop type dudes just trying to work hard, save money, and live an honest life and provide for their posterity are effectively punished for just trying to live a normal life and save money, since such insanely low interest rates means its a waste of time to keep your money in a bank in an effort to accrue interest

teh, but also, z0r

Dr. VooDoo
May 4, 2006


mad.radhu posted:

https://twitter.com/Investingcom/status/1354474816414343172?s=19

a maniac subreddit has the nasdaq threatening to halt trading on stocks if people talk about them too much.

if the poors talk amongst themselves too much we will shut down trading as the free market demands

Dolphin
Dec 5, 2008

by Jeffrey of YOSPOS

mad.radhu posted:

https://twitter.com/Investingcom/status/1354474816414343172?s=19

a maniac subreddit has the nasdaq threatening to halt trading on stocks if people talk about them too much.
guillotine

Cup Runneth Over
Aug 8, 2009

She said life's
Too short to worry
Life's too long to wait
It's too short
Not to love everybody
Life's too long to hate


im gonna buy AMC i think

Lawman 0
Aug 17, 2010

DesertIslandHermit posted:

“Videogames teach kids to destroy the economy. Games like Animal Crossing and Wall Street Kid.”

https://twitter.com/PdxInteractive/status/1354479428588494852

oxsnard
Oct 8, 2003
also, fyi, the reason musk got into this is because he hates short sellers, e.g. the only people in the marketplace with the power and resources to do anything about fraud.

Epic High Five
Jun 5, 2004



Oil! posted:

If blatant illegal market manipulation in the opening is happened, the trading house can stop trading. poo poo, they can reverse trades if poo poo gets too bad.

if the FEC determines this isn't blatantly illegal manipulation, could investors who got frozen out on the assumption they were behaving illegally sue?

bvj191jgl7bBsqF5m
Apr 16, 2017

IÃÂÃŒÂÌ° Ó̯̖̫̹̯̤A҉mÃÂ̺̩ Ç̬A̡̮̞̠ÚÉ̱̫ K̶eÓgÃÂ.̻̱̪̕Ö̹̟

Empress Brosephine posted:

Bbw going up up up

Horny is prohibited

SKULL.GIF
Jan 20, 2017


mad.radhu posted:

https://twitter.com/Investingcom/status/1354474816414343172?s=19

a maniac subreddit has the nasdaq threatening to halt trading on stocks if people talk about them too much.

Guillotine this man.

readingatwork
Jan 8, 2009

Hello Fatty!


Fun Shoe

He's probably just trying to get his hands on a PS5

Shear Modulus
Jun 9, 2010



samantonio posted:

For those who don't know, if you make four day trades with RH in a five day period you're marked as a day trader. If you have less than $25k invested you'll be locked out of day trades.

i think that only happens if you have a margin account

Gringostar
Nov 12, 2016
Morbid Hound

lol

lmbo

even better that is paradox

im on the net me boys
Feb 19, 2017

Hhhhhhhhhhhhhhhjjhhhhhhhhhhhhhhhhhhhhhhhhhhhhjhhhhhhjhhhhhhhhhjjjhhhhhhhhhhhhhhhh cannabis
I'm down a few pennies on GME and AMC but I'm holding. Robinhood hosed my order up this morning so I had to buy after the market had been open for a while

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC

In Training posted:

I want so so badly for a hedge fund bailout to happen before the stimulus is done, everyone would be absolutely loving done with the country overnight lmfao

Imagine if they bail out hedge funds and cancel the $2,000 checks, because people would use them "irresponsibly"

Nonsense
Jan 26, 2007

I told you Biden would make this poo poo illegal lol

dead gay comedy forums
Oct 21, 2011


Hatebag posted:

Seems like blackberry was the choice dumbass stock today

nah, it is because gme is holding all the attention. Like, there are two days left for a financial Austerlitz to happen, and it is all riding on gme

blackberry, amc, bed bath and beyond and others are in the list, so to speak

oxsnard
Oct 8, 2003

Shear Modulus posted:

i think that only happens if you have a margin account

nope, it's a 25k account liquidation balance. If you trigger the day trader rule you can't buy any new positions for like 90 days

Jon Irenicus
Apr 23, 2008


YO ASSHOLE

lmao they are going to attempt to make talking about trading stocks while being a prole illegal.

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Dreylad
Jun 19, 2001

Paolomania posted:

For anyone that missed the Chamath segment on CNBC: https://www.youtube.com/watch?v=wgYZk9Mc804

"look at the posts"

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