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dirtnugget | 5 years ago

WSB looks more and more like crypto-style pump and dumps.

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uniqueid|5 years ago

It sure does. I think to support this phenomenon, a person is likely too unimaginative to extrapolate the trend into the future, or else a loon who wants to 'let the world burn'

I hate the financial system as much as anyone else, but a world where Redditors do the manipulation seems as bad to me. I remember thinking, back when 4chan was famous for 'meat space' activism against crazy people, that it could get scary if the wind changed. It did.

seastonATccs|5 years ago

I'm not sure 4 the lulz nihilists has enough capitol to do big movements. WSB jokes around about 4chan style investing, but the bulk of the people who keep up in there aren't 4chan people.

loceng|5 years ago

I wonder if Bitcoin's -6.09% drop today has anything to do with them liquidating to have $ to buy these stocks.

dirtnugget|5 years ago

My guess was that BTC correlates with the stock market lately and most stocks have seen a pretty big drop in the last days