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#1
02-10-2025, 06:17 PM
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like i vaguely knew how crazy this shit was cause i'd go to "stock market general" /smg/ and "precious metals general" /pmg/ on /biz/ every now and then so i'd see all the shitcoin threads cause that's the majority of the threads there but god damn...
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#2
02-10-2025, 06:21 PM
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So just to make sure we're all clear:
Crocks are cool. Drake is a good musician. Daytrading shitcoins is OK for children. | ||
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#3
02-10-2025, 06:23 PM
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Quote:
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#5
02-11-2025, 08:43 AM
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#6
02-11-2025, 11:51 AM
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he's in a Alpha* discord, telegram or other group, like half the internet is while the other half is FOMOing into the spaces also
Dave Portnoy is a famous degenerate gambler and owner of Barstool and him entering crypto is a catalyst, same way orange man or any other celeb is, he launched a coin and after it's life cycle of creation -> rugpull happened JAILSTOOL was made as a response by someone and the cycle repeats it's a basic ponzi scheme, you buy early and sell early and everyone who does is getting "substantial financial increases" Quote:
[You must be logged in to view images. Log in or Register.] | |||
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Last edited by Ekco; 02-11-2025 at 11:56 AM..
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#7
02-11-2025, 01:10 PM
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Quote:
So yeah I don't know this stuff and thanks for the reassurance. There must be those that lose money in this high pace game. I best continue to stay away. Good luck Shovel! | |||
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#8
02-11-2025, 01:20 PM
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it's just sports or any other type of gambling with additional steps, most are having fun whether they win or lose and some percent are destroying their lives over it just like normal gambling
i'm basically buying a ETF in it instead of doing it myself but instead of a fund manager buying actual stocks and also utilizing algorithmic trading software to stock pick and take a fee it's nerds on a discord server and their startup tech company doing the same exact thing but with meme coins. here's the bot and it's portfolio holding if curious https://solscan.io/account/GypeM9BqK...SNj2#portfolio Transactions Transfers are interesting also, because unlike the actual stockmarket with it's dark pools and all the other shit you can't see. everything is in the open | ||
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Last edited by Ekco; 02-11-2025 at 01:25 PM..
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#9
02-11-2025, 03:46 PM
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It's so rad that after 1920, we're like "let's jsut let it ride until there is a massive crash"
rather than going "oh they are doing exacty the same thing they did with an unregulated stock market that ruined millions of peoples lives. Also wow, the UI is exactly the same as a slot machine? Well, we better continue to make slot machines illeegal, but this is probubly fine. Oh its on twitch.tv? In the "tween" catagory? No problem, no need to ask for ID to make these trades. Lol you can be 1 year old and make these trades btw. | ||
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#10
02-11-2025, 03:49 PM
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the funny thing is i, well i don't disagree obviously. but it can be a way to teach finance to kids, same way older generations "invested" in magic cards or comics.
make it a class project to create a meme coin and launch it, then rugpull the internet and have one hell of a pizza party with the profits, if they do it right they can all go to Disneyland | ||
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