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Just checking in on the baggies
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May 21, 2021 22:23
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Dalaram posted:I need a thread like “post people realizing they will die under trump”, but for crypto i know its for GME, but i can't imagine this being any different than btc reddits
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May 21, 2021 22:26
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numbers really "do a number" (Heh) on ape brains plus the lure of financial security is tragically strong
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May 22, 2021 12:13
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Yossarian-22 posted:The entire crypto market is doing a dead cat bounce on the way down the stairs gonna gaze upon my post whenever i think a recovery is happening for the next month or two
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May 24, 2021 03:12
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Crashes usually aren't linear downward motions, with an asset based on nothing seems especially hard to judge what could be a "real" recovery and what might just be a dead cat bounce. Tons of opportunity for losing money, #YOLO There are probably tons of people that want to recover what they just lost and then sell, making more crashes pretty likely, IMO.
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May 24, 2021 13:12
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We're in the pump part of frog man's pump/dump cycle https://twitter.com/elonmusk/status/1396914548167233537
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May 24, 2021 21:10
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Potentially promising
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May 24, 2021 21:17
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lmao
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May 24, 2021 21:17
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lol nobody trusts elon anymore. brief pump couldn't even break 40k and btc is now dumping again 
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May 24, 2021 23:39
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https://twitter.com/michael_saylor/status/1396915801492439044?s=19 sounds like centralization!!!!
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May 25, 2021 00:28
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Yossarian-22 posted:lol nobody trusts elon anymore. brief pump couldn't even break 40k and btc is now dumping again pitiful old bitch. gently caress off back to ur emerald mine chump
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May 25, 2021 00:43
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Yossarian-22 posted:We're in the pump part of frog man's pump/dump cycle https://twitter.com/elonmusk/status/1396914548167233537 i thought it was a distributed group of people mining them? i didn't know there was a consortium
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May 25, 2021 00:46
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How is the High Coin Council doing today?
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May 25, 2021 00:51
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https://twitter.com/elonmusk/status/1396976408275021826?s=19
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May 25, 2021 00:52
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some people are excited for elon restarting the bull run but i still think institutions are waiting until 20-25k range to buy back in. hopefully i'm right because i'm too cowardly to buy/fomo in anything right now, but some people think that once other people wake up to see the elon tweet that it'll burst through 40k and all will be normal again thing is there's this thing called wyckoff distribution where institutions/media intentionally spread fud about an asset and buy the dips/sell on repeat until people are so exhausted and capitulate so much that the price crashes, and the funds get redistributed to the large holders. i think right now they are taking advantage of the musk/china panic and i am assuming that we are far from seeing the last dip in this flash bear cycle Yossarian-22 has issued a correction as of 01:54 on May 25, 2021 |
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May 25, 2021 01:50
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The bitcoin mining council lmfao
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May 25, 2021 01:57
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the wallet inspector council
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May 25, 2021 03:30
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Yossarian-22 posted:We're in the pump part of frog man's pump/dump cycle https://twitter.com/elonmusk/status/1396914548167233537
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May 25, 2021 03:31
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Fame Douglas posted:Crashes usually aren't linear downward motions, with an asset based on nothing seems especially hard to judge what could be a "real" recovery and what might just be a dead cat bounce. this is correct. some people will just buy on downward trends because they view it as a sale. although that assumes a long term outlook on crypto, which is dumb you will never know what the bottom or the top are until its over. this isnt gay sex, this is gambling
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May 25, 2021 06:03
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I'm officially above water on my idiotic amc fomo from jan. diamond loving hands bitches
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May 26, 2021 22:02
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i have no idea why memestonks are spiking again but hooray
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May 26, 2021 22:03
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splifyphus posted:i have no idea why memestonks are spiking again but hooray What does Number do?
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May 26, 2021 22:10
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Go UP! *everybody stands up and puts their hands in the air*
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May 26, 2021 22:12
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tiberion02 posted:What does Number do? number fucks
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May 27, 2021 00:36
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splifyphus posted:i have no idea why memestonks are spiking again but hooray reddit is convinced the market is about to collapse and the only stocks that will rise regardless of conditions are AMC and GME
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May 27, 2021 00:37
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https://www.youtube.com/watch?v=h_fZORkuOJo
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May 27, 2021 07:04
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Nonsense posted:reddit is convinced the market is about to collapse and the only stocks that will rise regardless of conditions are AMC and GME what is the justification for this if any?
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May 27, 2021 07:20
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cumshitter posted:what is the justification for this if any? memes
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May 27, 2021 07:39
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hell why not, think of it like a 51% attack against the market, except it's more like a 0.0001% attack against shorting institutional investors but that's our financial reality. I don't have any money in anything so I don't care, but it's funny
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May 27, 2021 07:46
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like i dont know if i recall all of the details exactly but i think the AMC memes surge resulted in the price going up high enough that enough of their convertible bonds were cashed out into stock, which took a lot of debt off their books. apparently 20% of shares are still being shorted but i cant imagine that having all that debt erased was good for people shorting it.
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May 27, 2021 09:00
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cumshitter posted:like i dont know if i recall all of the details exactly but i think the AMC memes surge resulted in the price going up high enough that enough of their convertible bonds were cashed out into stock, which took a lot of debt off their books. GameStop shortsellers aren't at this point even banking on bankruptcy, but rather valuation, and convertible bonds converting to stock is probably good for shortsellers and at the worst neutral
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May 27, 2021 09:03
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AMC and GME were still the top 5 on RH going into April so yeah a lot of bagholders never left. CNBC kept pumping stories about shorts making money off of them since January only for those same shorts to lose pretty much everything this week it seems
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May 27, 2021 09:05
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da bears
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May 30, 2021 01:31
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Buy De Beers you're saying?
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May 30, 2021 09:55
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I'm never touching crypto, but with massive volatility swinging the price +/-5% multiple times a day it seems like you could make a crapload butts by just buying or selling every time it swung 1k in either direction. Also is there anything stopping a large whale from making massive leveraged call or shorts and then buying or dumping to reap infinite monopoly money?
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May 30, 2021 10:17
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And then suddenly it drops and you lost money. But no, there's nothing stopping market manipulation from happening in the cryptocurrency space. In fact, tons of market manipulation is happening.
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May 30, 2021 11:01
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Yossarian-22 posted:da bears chris farley: who do you think would win in a fight between mike ditka and a hurricane? bill swerski's super fans: oh, mike ditka, mike ditka. yah, mike ditka farley: here's the clincher: the hurricane's name is mike ditka mike myers in aviators and a bears cap and a fake mustache: oh well that's a real head scratcher right there cumshitter has issued a correction as of 12:40 on May 30, 2021 |
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May 30, 2021 12:37
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it is ridiculous how accurate the bill swerski's superfans sketch is because i grew up in chicago and like half the dudes i met looked like that. thick mustache, cubs/bears/fire hats, aviators, and sweatshirts for the same teams
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May 30, 2021 12:39
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Smythe has issued a correction as of 21:11 on May 31, 2021 |
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May 30, 2021 12:51
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| # ? May 20, 2024 01:28 |
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a_gelatinous_cube posted:I'm never touching crypto, but with massive volatility swinging the price +/-5% multiple times a day it seems like you could make a crapload butts by just buying or selling every time it swung 1k in either direction. Also is there anything stopping a large whale from making massive leveraged call or shorts and then buying or dumping to reap infinite monopoly money? yes op if you can spin up some leverage and successfully swing trade there is no cap to the cheese you can generate
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May 30, 2021 12:53
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