/biz/ - Business & Finance

>>29056924
Top was like how gamestop was but instead of gme they said btc.
One tweet from a Kardashian is not enough. One news appearance on CNBC is not enough. Taking these to be top indicators is a naive expression that discounts the actual scope of manias. It can get way more exuberant and way less rational than you imagine.
>Did it go to 20k and then crash instantly
No but it was obvious it was happening after it failed to consolidate at $9k as it had after each milestone. It just went straight to $19.9k from there. Then it fell back, tried again, couldn't break $20k. Took maybe a week or two
>Because if this were a bubble
It is
>shouldn't it have popped already?
Not until six figs

>>28306746
It should and you're calling the top too early. Celeb tweets aren't a top indicator. They're a mania indicator. Important distinction
Let me remind you again what tops look like

>>27737676
imagine that...

>>27679618
This is still relevant to the price of gamestop. If wsb gets banned it will affect the price. Pay attention.

>>27653582
>>27653560
It all depends how far they take it. At this point stock price is more what people believe than actual company value. I mean there's at least half a dozen youtube songs about this shit already.

I think reddit is gonna meme GME into profitability... Just think if all these fools keep making memes, hyping each other to buy more and hold, for months. Then finally it becomes evolves to not even looking for a squeeze, just buying Gamestop with no end.

>>27646707
It's amazing to me that anyone thinks ******* is in a bubble when this shit happened
This is what bubble tier looks like

Now that the dust has settled, were these legal or not?

Is something being hyped with emojis the #1 sign that it's time to pull out?