The Market Bubble

Desty | Mythic Inconceivable!
 
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Lmao I didn’t, I’m going to double down and buy another $500 worth when it dips below 0.01.
Wouldn't it be better to actually invest that money?
Just buy this and wait for 3 years
https://www.coingecko.com/sv/coins/etherisc


Ian | Mythic Inconceivable!
 
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It would be better, it would be a far more intelligent decision.

But then I couldn't say that I made money off a well known meme/joke.

Wouldn't it be better to actually invest that money?
Just buy this and wait for 3 years
https://www.coingecko.com/sv/coins/etherisc


maverick | Legendary Invincible!
 
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Don’t know whether the GME ride is over

WSB seems to have become an echochamber of inexperienced and emotional investors

edit: of course after I post this, it starts rising. Just be careful lads if any of you are in.
Last Edit: February 01, 2021, 10:31:14 AM by maverick


FatherlyNick - fuck putin | Mythic Inconceivable!
 
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If you know, you know.
Don’t know whether the GME ride is over

WSB seems to have become an echochamber of inexperienced and emotional investors

edit: of course after I post this, it starts rising. Just be careful lads if any of you are in.
The people investing don't have anything so they can't lose anything.
The only people losing are ones that can already afford to lose millions and still live like kings.


 
DAS B00T x2
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This is not the greatest sig in the world, no. This is just a tribute.
gme has got to pop soon

go pump NOK instead


maverick | Legendary Invincible!
 
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The people investing don't have anything so they can't lose anything.
The only people losing are ones that can already afford to lose millions and still live like kings.
This narrative is really toxic for retail, considering how detached from reality and based on conjecture it is. We don’t know what the current short interest is and we don’t know whether the squeeze will happen. Retail is a small fish now, and even then I saw someone claiming that there were more people selling than buying last week. The fact of the matter is: people throwing their life savings at this price do have something to lose, and if it comes to that you’re not sticking it to billionaires, you’re donating to them.

Personally I have shares and will hold, but I’d hate to see people on here lose money on the advice of a mob of novices.


 
DAS B00T x2
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This is not the greatest sig in the world, no. This is just a tribute.
The people investing don't have anything so they can't lose anything.
The only people losing are ones that can already afford to lose millions and still live like kings.
This narrative is really toxic for retail, considering how detached from reality and based on conjecture it is. We don’t know what the current short interest is and we don’t know whether the squeeze will happen. Retail is a small fish now, and even then I saw someone claiming that there were more people selling than buying last week. The fact of the matter is: people throwing their life savings at this price do have something to lose, and if it comes to that you’re not sticking it to billionaires, you’re donating to them.

Personally I have shares and will hold, but I’d hate to see people on here lose money on the advice of a mob of novices.
Not to mention like, literally everybody except for a small hand-count of hedge funds are entirely unaffected by what's happening in any real way.
Nobody's "sticking it to wallstreet" here, really it's just cyberbullying a dozen old dudes.
Which is still cool but wayyyyyyyy less theatrical than people think.


FatherlyNick - fuck putin | Mythic Inconceivable!
 
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If you know, you know.
The people investing don't have anything so they can't lose anything.
The only people losing are ones that can already afford to lose millions and still live like kings.
This narrative is really toxic for retail, considering how detached from reality and based on conjecture it is. We don’t know what the current short interest is and we don’t know whether the squeeze will happen. Retail is a small fish now, and even then I saw someone claiming that there were more people selling than buying last week. The fact of the matter is: people throwing their life savings at this price do have something to lose, and if it comes to that you’re not sticking it to billionaires, you’re donating to them.

Personally I have shares and will hold, but I’d hate to see people on here lose money on the advice of a mob of novices.
You guys have life savings? I thought the absolute vast majority are living paycheck to paycheck assuming of course that you did not lose your job due to the pandemic and are waiting for that stimulus cheque.


maverick | Legendary Invincible!
 
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You guys have life savings? I thought the absolute vast majority are living paycheck to paycheck assuming of course that you did not lose your job due to the pandemic and are waiting for that stimulus cheque.
I do but I’m in a pretty fortunate position, compared to a lot of people.

But yeah, that’s all the more reason not to yolo money at meme stonks based on Reddit and tiktok’s advice.


Ian | Mythic Inconceivable!
 
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@Nick: I have some amount in savings but not much, just enough for a major setback but nothing like retirement.

I agree that people should stop holding and just get out while they can. IIRC, Melvin Capital already said they closed out so I don’t know who they’re thinking us still doubling down.


maverick | Legendary Invincible!
 
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IIRC, Melvin Capital already said they closed out so I don’t know who they’re thinking us still doubling down.
they think that Melvin lied to make everyone panic sell

this is plausibly true but it’s a gamble

I think the main reason people keep saying it’s a lie is because they’re in over their heads and want to believe it’s a lie

dangerous times


Aether | Mythic Invincible!
 
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theaetherone.deviantart.com https://www.instagram.com/aetherone/

Long live NoNolesNeckin.

Ya fuckin' ganderneck.
I've heard that a lot of people honestly don't really care about losing anything. They've only invested maybe a few hundred bucks and are willing to lose it just to continue the squeeze.


MarKhan | Legendary Invincible!
 
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The people investing don't have anything so they can't lose anything.
The only people losing are ones that can already afford to lose millions and still live like kings.
This narrative is really toxic for retail, considering how detached from reality and based on conjecture it is. We don’t know what the current short interest is and we don’t know whether the squeeze will happen. Retail is a small fish now, and even then I saw someone claiming that there were more people selling than buying last week. The fact of the matter is: people throwing their life savings at this price do have something to lose, and if it comes to that you’re not sticking it to billionaires, you’re donating to them.

Personally I have shares and will hold, but I’d hate to see people on here lose money on the advice of a mob of novices.
You guys have life savings? I thought the absolute vast majority are living paycheck to paycheck assuming of course that you did not lose your job due to the pandemic and are waiting for that stimulus cheque.
Don't worry, that's not like Ukraine where prices for gas, electricity, phone, internet etc grow by 17% after New Year so people go out to protest and government backs off for winter (then plans to raise prices even more anyway later) or where workers in kindergarten of my town don't receive salary since December. People in USA even got money support at some point.


FatherlyNick - fuck putin | Mythic Inconceivable!
 
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If you know, you know.
I've heard that a lot of people honestly don't really care about losing anything. They've only invested maybe a few hundred bucks and are willing to lose it just to continue the squeeze.
Thats what I heard at least. But if someone out there actually went and took out a loan or w/e, they are in for a big oopsy in a few weeks.


Ian | Mythic Inconceivable!
 
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So I’m working 63 hours next week; should I dump $850 into DOGE for a full 1k in a meme coin?


Ingy | Mythic Inconceivable!
 
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So I’m working 63 hours next week; should I dump $850 into DOGE for a full 1k in a meme coin?

no


Ian | Mythic Inconceivable!
 
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Give me one justifiable reason other than: It’s a waste of money.

no


maverick | Legendary Invincible!
 
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Give me one justifiable reason other than: It’s a waste of money.
if you’re in it for the memes, go for it.

if you’re hoping it will take you to the moon, there’s probably better lottery tickets you can buy.


Ingy | Mythic Inconceivable!
 
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Give me one justifiable reason other than: It’s a waste of money.

no

Ian you better be rolling if that justification isn't good enough


Ian | Mythic Inconceivable!
 
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I’m mostly in it for the memes and the potential to piss off people at the idea of me making money off a joke currency.

if you’re in it for the memes, go for it.

if you’re hoping it will take you to the moon, there’s probably better lottery tickets you can buy.


maverick | Legendary Invincible!
 
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I’m mostly in it for the memes and the potential to piss off people at the idea of me making money off a joke currency.
hmmm i'd say go for it