/biz/ - Business & Finance

[Anonymous No.26952672]

So uhh... that's a thing.

[Anonymous No.26953389]

>>26952672
>for every 11 dollars GME goes up the banks lose 1bn.
What kind of retardation is this?

[Anonymous No.26954379]

>>26952672
>system wide
only melvin, their clients and there friends
housing bubble was much more wide spread, and affected actual real hoe owners

[Anonymous No.26954746]

>>26954379
>their clients and their friends
Nearly every investment bank in the USA.

[Anonymous No.26954800]

>>26954379
>only melvin, their clients and there friends
Are you sure melvin hold all the GME shorts on the market? Anyone touching it is beyond fucked.

[Anonymous No.26954991]

oh no not the h*ckin bankerinos

[Anonymous No.26955601]

>>26952672
Good. Collapse the fuckers.

[Anonymous No.26955628]

real talk tho, do you guys think it's possible that this was coordinated by btc ogs, because the fed keeps fucking with tether?

[Anonymous No.26955773]

>>26952672
2008 collapse cost 1 Trillion

[Anonymous No.26955918]

>>26955628
Well, we know it was organized by somebody on Reddit who had information on the short, but where and how he got that info is unknown to me.

I actually don't even own any GME stock. By the time I learned about it, Robinhood already stopped trading. I've got Dogecoin right now holding onto dear life.

[Anonymous No.26956127]

>>26955773
True, but this takes into account lost profits. I'm sure the fallout from this'll be well over $3 trillion.

[Anonymous No.26956207]

>>26952672
That was the plan. Crypto + Digital FIAT soon.

[Anonymous No.26956402]

>>26955628
>real talk tho, do you guys think it's possible that this was coordinated by btc ogs, because the fed keeps fucking with tether?

Do you think Elon Musk propagated a Pump and Dump with us from the deepness of his heart?

[Anonymous No.26956439]

>>26956207
probably but ill put mine $ into silver and bullets

[Anonymous No.26956462]

>>26955628
IMO it's likely a MAGAtard faction on WSB buttmad that that Trump didn't cross the Rubicon.
How else would you explain the stock staying constant at $20 for months, then """coincidentally""" tripling on the very day he got impeached again, and then """coincidentally""" started to skyrocket exponentially the very day Biden got inaugurated?

[Anonymous No.26956693]

>>26952672
>value of the dollar at risk
so bitcoin?

[Anonymous No.26956964]

>>26955628
BTC OG here. Fuck Tether and fuck the faggots who run Bitfinex. Also fuck Blockstream and Consensys. All any of said companies have done is fuck over and centralize crypto usage and development at every opportunity. VRSC is your tip, faggots.

[Anonymous No.26956967]

>>26956462
>MAGAtard
>so smart they orchestrated the downfall of US financial system through a novel way of buy against shorts
Your though process holds zero logic.

[Anonymous No.26957170]

>>26952672
China and Russia is watching and loving this.

[Anonymous No.26957342]

>>26955918
The information actually came from here then it was spread to reddit which has a larger user base. Someone find the archives in the /smg/ threads.

[Anonymous No.26957393]

>>26955628
It was only able to happen because of institutional shorting on a ridiculous, criminally negligent scale.

[Anonymous No.26957490]

>>26952672
no way the us government would screw over tens of thousands of their beloved citizens(who will be labelled whatever tehy need to be labelled to make them the bad guys) to save banks and financial institutions.

[Anonymous No.26957714]

>One hedge fund gets liquidated
>ZOMG it’s the end of world economy!

Doomer fag on parr with svenanon from /cvg/

[Anonymous No.26957801]

>>26952672
My concern is when the investment banks implode they try and seize everything that's loaned or mortgaged as collateral to pay the meme stockers

[Anonymous No.26957886]

>>26954379

There's hedgies and banks backing up Melvin.
Since their position literally has -infinite- downside, this can take down banks, and a bank going down will obviously have a massive ripple effect.

[Anonymous No.26958002]

>>26952672
This is long overdue. Turns out that selling off all your industries so the Chinese can produce everything, while you gamble and create debt, isn't the basis of a working economy. This is what Trump was trying to teach to those brainless liberal fucks, that an economy only survives if you PRODUCE SHIT AND SELL IT TO OTHER COUNTRIES.
>but muh environment
Stupid liberal fucks gaslit into destroying their country. China is the superpower of the world if this goes through, and Murica ends up with breadlines.

[Anonymous No.26958318]

>>26955628
It’s was definitely coordinated by bogs

[Anonymous No.26958454]

>>26957490
>(who will be labelled whatever tehy need to be labelled to make them the bad guys)
They've already be labelled white supremacists by at least one outlet. If that WSJ reporter here earlier is actually legit, that's the angle she'll be pushing too. She was very interested in quoting someone who called 4chan a bunch of women hating incels.

[Anonymous No.26958701]

>>26954379
Didn't affect my hoes

[Anonymous No.26959086]

>>26953389
>Trust our math goy don't use your brain.
These motherfuckers are in panic mode. Tomorrow will be interesting for sure. All ya gotta do is hold and watch these fags jump off their buildings.

[Anonymous No.26959423]

>>26958454
ye and if they really do want to fuck over thousands of people out of their money it wont be hard to get the media to run whatever they need so the average person believes people involved were anti Semitic white nationalists trying to hurt the good people of wall street because theyre jews.
i think at the very least this event will wake up a lot of people about whos really in control and that anyone who opposes them gets labelled whatever the flavour of the month hate group is.

[Anonymous No.26959488]

>>26956462
>MAGAtard
Using some old bait there son. No one gives a fuck about Trump anymore, we know we got fucked. It is what it is. This is a once in a lifetime thing and all we have to do is fucking hold an laugh at your attempts of putting out a fire with cash.

[Anonymous No.26959552]

>>26952672
The banks can’t be beaten by losing money. The fed WANTS to flood more money into the world.

[Anonymous No.26959650]

If a used video game store destroys the western world it will be the biggest lulz since Trump got elected

[Anonymous No.26959718]

i see the doomers are back. cringe.

[Anonymous No.26959752]

>>26952672
Damn bros. Am scared. If this is true they will definitely be false flaggin.

[Anonymous No.26959767]

>>26952672
pretty sure the housing crash had hundreds of billions worth of bad debt and the government bought up a portion and loaned money to the banks via special shares. GME is like 20% 2008 crash, not even close.

[Anonymous No.26959812]

>>26953389
Share price x Shares outstanding you dumb fuck

[Anonymous No.26959838]

>>26956439
Bullets are like gold but actually useful. Also value has skyrocketed. Most of my investment in the last year was bullets and I think I’m doing good.

[Anonymous No.26959856]

>>26952672
source:
bloke on facebook

[Anonymous No.26959899]

>>26954746
Don’t invest what you can’t afford to lose!

[Anonymous No.26959948]

>>26956462
Schizo.

[Anonymous No.26959989]

>>26959752
Nuking the exchanges, autoselling peoples shares without their permission blocking buying of stocks fudding on boomer media they will unleash it all

[Anonymous No.26960102]

GME is going to crater tomorrow. Before you faggots start calling me a kike you can check WSB yourself since this was the plan from the beginning; pump and hold until friday then gamma squeeze because some dumbass said that shorts magically have to be called on the last day of trading of the month and people believed him.

A lot of people are going to lose their ass on this, likely in the morning if they don't shut everything the fuck down like they have been. People losing their shirts on this is the big takeaway. If you don't believe me check some uniparty stooges on twitter where people like Cortez and Warren are already positioning themselves as saviors of the "little guy" with policies like massively taxing individual trades or restricting and regulating daytraders to make sure they can't "hurt themselves". The fix is in and no one even really sees it. Then Crypto is next. They've already been signaling it since they took control.

You can hold or dump tomorrow, I don't give a shit, but the implosion we've all been setting up for wallstreet is going to loop back on all of us and end with them in a better position than ever before and all it'll take is a few sacrificial pigs.

Sure a few people will keep holding the meme stocks and they'll limp along for a bit so you should be ok if you bought in at $5 or under, but by close tomorrow everything will be up in smoke while some smallhat laughs all the way to the bank and ensures financial market dominance via his seated puppets in government.

Screencap this, it's coming.

[Anonymous No.26960101]

Time to move into copper for me.

[Anonymous No.26960226]

There is literally no proof that GME is still heavily shorted right now. Any fund worth their salt would've covered already.

[Anonymous No.26960564]

>>26952672

It was ok till he mentioned hyperinflation, which made me doubt the validity of his entire post. We've not had the merest whiff hyperinflation despite all the QE and money printing over the last 13 years. Think Jeff Snider not Schiff.

[Anonymous No.26960608]

>>26956462
>IMO it's likely a MAGAtard faction on WSB buttmad that that Trump didn't cross the Rubicon.
Are you retarded? This is pure Occupy Wall Street fuckery. The MAGA lot were cheering as the stock market flew up to infinity based on zero fundamentals.

[Anonymous No.26960758]

>>26960226
Shortvolume.com it's fairly high.

[Anonymous No.26960780]

>>26952672
Let's bring on the collapse and usher in an exciting new era of crypto currency. We're all going to be rich.

>>26958002
Good news is that the boomers, jews, and billionaires who supported this shit will not make it out of this unscathed. They will see the collapse caused by their decadence and greed and the angry masses will be out for blood. Also there will be a mass exodus of people and foreigners in our country. If the US goes under China's biggest source of money is gone and they will be hurting too. In fact if the US goes under this will cause a global depression that would take years or possibly decades to recover from. Don't worry there is good news in this too. All of those countries particularly in Africa that would literally die without our assistance won't be getting any more money from us. Africa would see the largest population loss in recorded history due to disease, food shortage, and the societal problems that stem from that. This would definitely be peak bad times in the good times/bad times, strong men/weak men paradigm.

[Anonymous No.26960788]

>>26957342
Sauce

[Anonymous No.26960871]

>>26952672
Shouldn't Melvin and other shorters get liquidated at some point? If the market price reaches exorbitantly high and they only have a certain amount of collateral they need to be liquidated so they can cover their bad investment, or am I missing something?

[Anonymous No.26960896]

>>26960564
My groceries cost 5x from 2008. No inflation my ass.

[Anonymous No.26961105]

>>26954800
Christ I'd be fucking trying out ropes for myself if I was some poor fuck that got caught in the middle of shorting GME right now

[Anonymous No.26961119]

>>26960788
How new are you? We've been talking about this shit for months
>>/biz/thread/22307975#p22307975

[Anonymous No.26961166]

Please, delete all these jews from topic
they still try to shill with shitty coins and post everywhere their referral links
I am not a tard to follow this shit
Why should I do it if I have base on my wallet and last weeks there were only pos rebases

[Anonymous No.26961177]

>>26960780
You do realise that 2/3 of btc were hashed in china?

[Anonymous No.26961396]

>>26960780
I'm happy because balance would be restored to that continent. I don't hate people for being who they are their numbers are simply unsustainable. That entire continent should be turned into a wildlife preserve. Also kind of depressing because every single living thing in Africa will be devoured by a human locust plague. Every lion, tiger, elephant zebra, water Buffalo, tree. Everything will be lost when the gibs stop. Also buy doge.

[Anonymous No.26961444]

>>26960788
You crypto retards don't know anything about markets. Only smoking weed and jerking it to anime.

[Anonymous No.26961512]

>>26959838
Fuck
We're going to end up with a metro 2033 bullet based economy aren't we

[Anonymous No.26961695]

>>26960102
GME will crater tomorrow, but no one knows what hour the peak will hit. It will go up, but for how long no one knows.

[Anonymous No.26961738]

>>26954379
Clearing houses take the settlement risks of hedge funds, because of 2008 regulations that risk is spread throughout every major bank. You guys don't understand how fucked up this is. There's a reason why brokerages are desparately trying to stop us.

[Anonymous No.26961751]

>>26960102

[Anonymous No.26961862]

>>26958701
B A S E D

[Anonymous No.26961895]

>>26961738
So.... invest in crypto? Is crypto our only way out?

[Anonymous No.26961990]

>>26961119
that reddit user was holding even before then though

[Anonymous No.26962033]

Based. I only wish it was 1 billion lost for every $0.11 it goes up

[Anonymous No.26962129]

>>26961177
>It was ok till he mentioned hyperinflation, which made me doubt the validity of his entire post.
It was that and not the fact that it's a post from some random tard on Facebook that starts with "GREAT RESET" in all caps?

[Anonymous No.26962167]

>>26961895
Buy calls on VIX derivatives like VXX. VIX is going back to 80 like it did in March.
Again you guys have to understand the March crash had nothing to do with coranavirus. It was a liquidity crisis created by hedge funds doing obscene amounts of leverage on 'safe' assets like treasury bonds. This is not some schizo bs story, look up comments from former fed reserve chairs explaining what caused the March crash.

[Anonymous No.26962205]

>>26952672
The world owns itself 350% of its GDP

The monetary system is a global scam

That wont mean anything

The best path is:
1) Move all to DeFi
2) A system like the Venus Project later.

[Anonymous No.26962224]

>>26961895
Pretty much. Fiat death is inevitable. Unironically, the best investment guide right now is The Book of Revelation

[Anonymous No.26962504]

>>26961895
bruh Satoshi put it in the Genesis block
>The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
the whole system is kiked thats why Satoshi created Bitcoin to begin with. so you have a chance of keeping your money instead of kikes printing more, and giving it all to their kike hedge fund buddies or niggers

[Anonymous No.26962547]

>>26956964
>VRSC is your tip, faggots.
based

[Anonymous No.26962636]

>>26956693
in a rational world, yes

but in an irratoinal world, in times of fear people pull out of all stocks and speculation, including crypto

[Anonymous No.26962966]

>>26957342
>>26960788
>Sauce

[Anonymous No.26962968]

>>26952672
why do you think the white house was shutting down every broker today

[Anonymous No.26963072]

>>26961444
Trips of truth.
https://www.finra.org/filing-reporting/regulatory-filing-systems/short-interest

Lolbertarians fuck off, the federal government's job is to hold a gun to interstate trader's head and make them pony up taxes so we can build infrastructure and fight wars. That shit is tracked, and reported at set times. Figuring out which stock is has short interest is a jewgle search away.

[Anonymous No.26963073]

Lol banks got fleeced for $700 billion in 08, not $50

[Anonymous No.26963079]

>>26961396
They'll run out of ammo killing each other first...hopefully.
>buy doge
I wanted to but now I'm suspicious. Dogecoin is generally a worthless coin and now it's suddenly being pumped to ridiculous numbers because of reddit supposedly. I think there are other forces at play here. I think once people realize how many coins there are this whole thing goes away. I wanted to get a bunch when they were below a dollar just because I like the meme. I'll buy it again when it's back under a penny. I like it more as a meme coin.

[Anonymous No.26963089]

>>26957170
china is an active participant. a chinese national made like 500 million yesterday on the AMC pump

[Anonymous No.26963173]

>>26960788
I'm a DOT maxi but I browse smg every now and then(I treat stocks as my savings). I remember seeing GME in September at least and thinking it was retarded. Guess I missed out but DOT has done me good. I also swung GRT into PRQ so I'm happy. Not mention this whole SEC debacle is great for defi and I'm filling my eth bags again

[Anonymous No.26963248]

>>26952672
nothing can stop what's coming

[Anonymous No.26963426]

>>26963248
Except paper hands

[Anonymous No.26963503]

>>26960102
>so you should be ok if you bought in at $5 or under
I literally did, so I don't give a single solitary fuck. Still holding.

[Anonymous No.26963560]

>Dollar is no more
>my Doge rises to fucking pluto

fuck i hope so

[Anonymous No.26963804]

What are the fees if they don't buy back the stock like? thousands a day, millions? Why would anyone pay billions instead of whatever the penalty for waiting for the stock to come back down is?

[Anonymous No.26963828]

>>26963248
The bear will leave its cave forever. (GME infinite value)
one prophecy left. The Rod and the Ring will strike.

its an allusion to the great reset. aliens will be revealed

[Anonymous No.26963984]

>>26960102
sauce?

[Anonymous No.26964078]

>>26961512
It makes the most sense for a non-precious metal based post-fiat/post-apocalyptic currency, especially for the latter.

[Anonymous No.26964268]

>>26961990
we've been talkimg about this since 2018, how long has he been holding?

[Anonymous No.26964838]

>>26963828
so an infinite bear market? end of fiat? how will this effect crypto?

[Anonymous No.26964937]

>>26963828
based

[Anonymous No.26965014]

>>26963804
I’ve asked this several times on other threads and no responses

[Anonymous No.26965106]

>>26960102
Look, man, as far as I see it, there's only one of two options ahead.

1. The Wall Street kikes made a grave error and we're collectively capitalizing on their mistake to make a quick buck. Nothing else really happens otherwise, and effectively we all just kicked the can down the road just a little further.

2. This is in fact all a setup as you postulate, and the market is primed for collapse, and everything we've done has been in effort to that result, the dollar itself begins losing its value, rendering all domestic currency worthless, inflation/stagflation sets in, and we all get the true systemic collapse we've all been hoping and waiting for.

Either way it works out. Nobody wants to truly live in this fraudulent ass fucking system anymore. Collapse or temporary profit. Those are our only two paths forward now.

[Anonymous No.26965246]

>>26952672
This is the mother of all fuds. Please explain the math in detail or gtfo.

[Anonymous No.26965271]

Who would the mainstream media ?

Why would the media help us ? Why are they even talking about GME ? Doesn’t Wall Street and the media work together ?

What if they’re baiting us in to buy GME ???!!!??

[Anonymous No.26965731]

>>26960564
Inflation only becomes noticeable in correspondence with the velocity of money. If money is actively being spent and exchanging hands, the more the currency base increases, the greater measurable inflationary effects. If all that money is simply sitting and doing nothing, then effectively there is no inflation.

As it is now, it seems spending, by both institutions AND households, is a fraction of what it normally is during booming periods. So long as the Fed keeps the money supply in circulation in tandem with the banks, THEN we will feel the inflationary effects. If they are able to take the excess money out of circulation, then we should be ok.

But we all know that's not going to happen.

[Anonymous No.26965937]

>>26956964
i hold 6k vrsc.. will i make it?

[Anonymous No.26966341]

>>26955918
he got that info from some mysterious darknet website called sec.gov. Since youre posting on biz i am not suprised that youve never heard of it, only the most 1337 haxors know of financial filings

[Anonymous No.26968190]

>>26965106
Here here

[Anonymous No.26968374]

>>26952672
The market will be halted due to "foreign state actors" attacking our economy, obvious national security issue that will have to shut down the markets to reset for a week or two....screenshot this