/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

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https://twitter.com/the_ironsheik/status/1354588603024867328 (https://archive.vn/Kckez)
 
I'll be damned, AOC said something reasonable to go along with reddit actually doing something based. Everything's flip flopped along with Gamestop's stocks.


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AOC is unironically right and Reddit did something unironically based. Trannies and Guntlemen, we have reached peak Clown World!
 
I think it’s hilarious that Wall Street wants regulation now that regular people are fucking them up the ass at their own rigged game.
They lost big in their unregulated casino under Obama, suffered exactly zero prosecutions or consequences and instead bellied up to the unlimited tax dollar buffet and resisted any call for regulation.

This time? They also lost astonishingly big, but a few taxpayers won and now they want rules? Fuck them all. Bankrupt every one of them, bankrupt their parents and bankrupt their children. Then when the money's gone, run them through the legal system so they get a taste of how it works for the rest of us
 
What was exploited once can be exploited again, they figured out the pattern and can now willingly shit on the entire market when the conditions are met, even if reddit is shutdown and the accounts banned, unless everyone who participated faces jail time for this, they won't stop them, and as soon as the opportunity arises it will be exploited again, the only way to stop this is to change the rules of the game, and that is the last thing they want to do
So this is what i sorta assumed,just exposing the fuckery/hypocrisy of it all by da plebs,as opposed to a significant 'crash' to the financial system overall.

Do hedge funds still have access to insurance from the big institutions against their loses in these scenarios?
 
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It’s super volatile, so a ton of people are riding the waves and harvesting buxx even as the discord screams “HOLD THE LINE“ and /biz/ screams “those redditors scammed us!”

I am most annoyed that reddit was cooler than 4chan this one time

I would put forth the case 4chan is more astroturfed than reddit and discord these days. Considering how these things played out.
 
We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit responses, and the admins haven't given us special access despite asking for it.

We're suffering from success and our Discord was the first casualty. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical.

To add to this, people are co-opting our name on twitter. I won't mention their accounts, but lots of handles with "wsb" and "wallstreetbets" in them are pretending to speak for us. They're saying things that we don't agree with, driving traffic to derivative communities and shitty pixelated merch stores, and generally making it harder for us to define who we are. There's also too much political bullshit in a community that was never ever political. The only way I want to occupy Wall St is in a suit myself or rent-free in the mind of a blown up short.

That is why I'm throwing my support behind the Twitter handle in general. We need a way to PUBLICLY reach out to the staff of the infrastructure that is failing us so the world can see that we aren't doing anything wrong here if they don't respond. We need to be able to respond directly to a reporter that is lying to the world about our clubhouse. We can't be expected to meet any expectations when we aren't given the tools we need.

That's not to say I approve of every message or will even be in the loop for all of them, but it's clear to me we can't do nothing and we need a megaphone.

http://twitter.com/wsbmod aka @wsbmod is the only Twitter handle whose statements are directly from some part of the team.

We'll do our best not to pretend to speak for you, but to try to speak with the volume our name now seems to command to get shit done for us.

Sub is back up.
 
What was exploited once can be exploited again, they figured out the pattern and can now willingly shit on the entire market when the conditions are met, even if reddit is shutdown and the accounts banned, unless everyone who participated faces jail time for this, they won't stop them, and as soon as the opportunity arises it will be exploited again, the only way to stop this is to change the rules of the game, and that is the last thing they want to do
How do you even prosecute "I didn't want to sell" ?
 
Probably a dumb question, but how come something like this didn't happen earlier?
Honestly all the stars aligned at the right time. I don't think people really cared all that much before about the big institutions running everything but considering how American life is not what it was 20 odd years ago you can't be surprised when a bunch of people get up and start screwing everything up.
 
Honestly all the stars aligned at the right time. I don't think people really cared all that much before about the big institutions running everything but considering how American life is not what it was 20 odd years ago you can't be surprised when a bunch of people get up and start screwing everything up.
Yeah. It's funny on its face, but there's an underlying anger at how the government will scramble to back these big guys, while leaving the average person paying the bill.
 
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