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

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Meat Target said:
Will WSB pull a Tay AI and start feeding it the wrong information?
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Maybe eventually, but bots will certainly begin doing this immediately and any real posters will likely get drowned out in the noise.
Algorirhmic trading will devolve into meme-producing AIs trying to trick other AIs into tricking investors into pumping random assets. There will be bots designed to accuse other posters of being bots and AIs created to try to pick out bots (and, of course, bots designed to trick these AIs).
Some of this is already occurring, but it is about to get so much worth once "mementum" becomes a trendy technical indicator.
 
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Liber Pater said:
Typically, roughly half of silver's demand is industrial, while industry accounts for 10% or less of gold's demand.
Silver's industrial demand (as a proportion of total demand) will likely continue to increase due to its heavy utilization in solar panels and electric vehicle batteries, among other things.
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I agree with your math. However, my point is: over 80% of the world's 'gold reserves' actually don't exist.
The world trades in gold - in the forms of 'paper gold' , and is underwritten by all major banks- worldwide.

Quote:
"Analyst Adrien Douglas says, this means that when you buy gold, you are really buying the document that just says “you own it” — which equals as paper gold. Douglas also argues, that the amount of gold sold each day compared to the amount of gold that exist means, that every ounce of gold has at least 4 owners. In effect, the bullion houses are selling gold that doesn’t exist!"
...
"In 2005 Morgan Stanley was sued by its clients for selling them non-existing precious metals. For 2 decades Morgan Stanley sold investors gold, silver, platinum and palladium, and charged them storage fees for holding it. When clients asked for the metals, nothing was ever delivered. Morgan Stanley settled the case out of court. Meanwhile, JP Morgan Chase & Co. is currently being sued for manipulating the price of silver."

Sauce (one of many)
medium.com

GOLD — THE BIGGEST FRAUD IN HISTORY

For over 2,500 years gold has been used as a money. Today, every country and central bank invest in gold, because its value is considered…
medium.com medium.com

This is my preclusion towards gold. This and the recent discovery that @4% of chinese gold reserves were either non-existent or fraudulent. And the recent 'missing gold' discoveries out of the middle east.

chinagold.png


Something fucky is happening with gold - and it ain't Redditors.

edit: added China
 
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Liber Pater said:
Maybe eventually, but bots will certainly begin doing this immediately and any real posters will likely get drowned out in the noise.
Algorirhmic trading will devolve into meme-producing AIs trying to trick other AIs into tricking investors into pumping random assets. There will be bots designed to accuse other posters of being bots and AIs created to try to pick out bots (and, of course, bots designed to trick these AIs).
Some of this is already occurring, but it is about to get so much worth once "mementum" becomes a trendy technical indicator.
Click to expand...
I agree. The bots don't even need to be sophisticated or particularly convincing to make massive waves in the market.

It's like those bots on Tinder or the "final warnings" about your expired warranty - they just need to be functionally coherent and able to shill their shady link. Most people won't fall for it but enough people fall for the scam to make it profitable.
 
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This is truely a dichotomy

Power to the Player Side:
-Buy and Hold Shorted stock
-Chill

Hedge Fund Side:
-Cries on national tv (this isn't fair)
-Manipulates market by halting and limiting shares but still allows you to sell positions
-Mainstream Media doing damage control and trying to sell investors silver
-All of a sudden everyone is worried about you losing money
-"We are in this together"
-Dogecoin and crypto are good-MSM (they have generally been against this concept prior)

Pretty obvious what is happening right now.
 
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likeacrackado said:
I have no idea which 'side' is blatantly lying to push their interests. Either the hedges/broker people are trying to get me to sell by generating a push away from GME or the WSB whales are telling people to hold so they can gradually sell off at good prices. Glad I didn't put much into this.
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The answer is both. Everyone on WSB who got in early and has made serious money has already pulled some out.
 
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Liber Pater said:
Maybe eventually, but bots will certainly begin doing this immediately and any real posters will likely get drowned out in the noise.
Algorirhmic trading will devolve into meme-producing AIs trying to trick other AIs into tricking investors into pumping random assets. There will be bots designed to accuse other posters of being bots and AIs created to try to pick out bots (and, of course, bots designed to trick these AIs).
Some of this is already occurring, but it is about to get so much worth once "mementum" becomes a trendy technical indicator.
Click to expand...
BULLY HUNTER_77 said:
I agree. The bots don't even need to be sophisticated or particularly convincing to make massive waves in the market.

It's like those bots on Tinder or the "final warnings" about your expired warranty - they just need to be functionally coherent and able to shill their shady link. Most people won't fall for it but enough people fall for the scam to make it profitable.
Click to expand...
And the Reddit jannies will knowingly allow the corporate shitmongers to create shill bots with impunity.
 
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Crunchy Leaf said:
The answer is both. Everyone on WSB who got in early and has made serious money has already pulled some out.
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I do not trust WSB but I do like the DeepFuckingValue guy who owns 50,000 shares and was investing in gamestop for a couple of years. I think enough base stock is going to hold where if you buy the dip and wait you can probably turn a decent profit. Personally I think the elite players in WSB are turning their attention to other stocks being shorted right now and looking to pump. GME at this point is yesterdays news, I been investing in other options and tbh just one of them needs to hit for me to be in the black so its not risky assuming the SEC let up play within the rules even if they don't the losses are not high since the entry level is in the $4-$15 dollar mark.
 
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Speaking of bots:
During the Obama era one bot accidentally reported incorrect data. It almost set off a cascade of chaos. It was correctly quickly but last second.

Also I am going to assume the algrotihms of the wall street bots are going be based on rationalilty. Maximize gain amd minimize loss


If you really want to screw with the bots (and cause mass chaos) make massive moves that are not rational.

One example would be hold the game stock and wait then it collapses back to zero. Then give it back to Melvin for free.

Thus confusing the bots and the wall street critters.

Do this counter rational stuff long enough and the bots will begin acting according to the new data.

Once it starts acting according to this ass backwards data is when you go back to rationality. Then theoretically make a killing?

Its basically like kung pow. They trained wimp lo wrong on purpose as a joke. Same idea here
 
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DeadFish said:
Speaking of bots:
During the Obama era one bot accidentally reported incorrect data. It almost set off a cascade of chaos. It was correctly quickly but last second.

Also I am going to assume the algrotihms of the wall street bots are going be based on rationalilty. Maximize gain amd minimize loss


If you really want to screw with the bots (and cause mass chaos) make massive moves that are not rational.

One example would be hold the game stock and wait then it collapses back to zero. Then give it back to Melvin for free.

Thus confusing the bots and the wall street critters.

Do this counter rational stuff long enough and the bots will begin acting according to the new data.

Once it starts acting according to this ass backwards data is when you go back to rationality. Then theoretically make a killing?

Its basically like kung pow. They trained wimp lo wrong on purpose as a joke. Same idea here
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what the fuck

is this formatting

plz stop posting like this

you absolute sped
 
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