How many of you invested into this based on your observation of how Clown World works? - War is peace, diversity is strength, down is up

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ToxicKek

kiwifarms.net
Joined
Mar 10, 2022
I remember when they told us in 2012 when Bitcoin was like $10 that Bitcoin was only used by drug dealers, criminals and pedophiles who traffic children/trade child porn.

Only to tell us in 2017 as Bitcoin was about to hit its (then) peak of $20,000 to buy buy buy because it might go to 40, 50, 80, 100k. Right before it plunged to under 5k where it sat for the next 3+ years.

I remember when Gamergate in 2014 was used (and probably created) as a backdoor to push shit that has led to the feminism, affirmative action/forcing hiring of niggers, pronoun people, mainstreaming of LGBT and troon culture (and by extension pedophilia).

It started off "innocently" enough when a poor purple haired SJW just wanted to publish her indie game, what's wrong with sucking some gaming journalist dick to get some initial traction REEEEEE??!!! which evolved into we need more women in video games, which evolved into we need to have more women in cushy white collar jobs AND btw we're going to introduce pronouns and we need to respect they/them, which turned into we need to start being inclusive of faggots and niggers too, etc eventually snowballing into what we have today.

Note that they used this exact same playbook for COVID, at an accelerated rate, where it started with "just wash your hands and stay 6 feet from other people" to you must wear a muzzle and STAY HOME to you MAY want to consider taking the VOLUNTARY vaccine or you'll lose your basic rights to go almost anywhere and do most normal daily things outside your home. Of course Burn Loot Murder kinda fucked up the plan in the US because it made a lot of Muricans awake to the hypocrisy of the scam, but the above worked better in Europe and excellently in Asia

If you've been paying attention, you'll realize they've been using the same play over and over for years/decades.

They always tell you (via bombardment of mainstream media with stories to repeat and emphasize their points) it's for your own good/good for everyone around you to prevent critical thinking when it comes to a non-standard practice or action that might be good or bad for you:
  • No liquids allowed, X ray scanners and molestation security check for everyone? It's for your own good, you don't wanna die, do you?
  • Don't buy BTC when it's $10 - it's for your own good, you don't wanna be associated with criminals and evil doers, do you?
  • Keep buying BTC at $20k - it's for your own good, you don't wanna stay poor forever, do you?
  • Why do you need privacy or encryption - think of the children and how we can catch criminals (it's for your own good), you don't have anything to hide, do you?
  • Wear a mask and get the vaccine and boosters - it's for your own good, you don't wanna kill grandmuhhhh, do you??
  • Don't buy GME - it's for your own good, you don't wanna lose all your money, do you?

And once the cat is out of the bag and something is on the verge of hitting mainstream, they have a tendency to bombard you with options and try to contaminate the idea pool so people can't figure out which is true/correct thing to do:
  • You're thinking of buying BTC and ETH? Those are already too expensive with low potential to moon 50X. Try BitConnect, Bitcoin Cash, Bitcoin Gold and these dozen other shit altcoins to get rich instead.
  • You're guessing the vaccine is causing sudden deaths, heart attacks and blood clots in young healthy adults? There are so many unhealthy habits that people were doing during the lockdowns (mandated by us btw) like sitting, gardening, sleeping too much, eating too much, petting their dog too much, all of which are more likely to cause sudden deaths and turbo cancer. And oh climate change too, can't forget that
  • You're against discrimination and would like more equality for workers so you want to support a union? Unions and worker rights are actually bad for you, consider feminism, LGBTQIA+, equality for black people, Mexicans, Syrians and other desert rapists instead. Remember diversity is strength and having more of them will only benefit you!
  • You're thinking of DeFi and using crypto to make digital payments that cut out banks and useless middlemen? How about these shitcoins that we have huge bags in and CBDC instead? CBDC is better for you and your safety and no more banks like you wanted! Just one fed to rule them all
  • You're considering GME because of short squeeze potential? The squeeze already squoze bro, it's OVER! But if you're looking for a short squeeze, how about you consider AMC, Koss, silver and these 69 other meme stonks instead, all of which have bigger squeeze potential than GME!
2021 ruined it for me when my eyes got peeled wide open by the GME saga and subsequently the vaccine (thanks Kiwifarms and Patriots Win).

I got out of crypto (which is highly manipulated. I think it will only go down until a broader market reform happens and financial crooks like Sam Bankman-Fried and Ken Griffin are hung), property prices are fucking insane for investment, stock market is rigged (its movement today is like crypto, 5 years ago people were rushing into crypto because the stock market would never have insane swings in excess of 10-20% within a few minutes on the regular)

I did a lot of research, much like I did with the vaccine, and got into GME (and lately BBBYQ) at it all makes sense that shorts haven't closed and the shit will squeeze one day. What doesn't make sense is why MSM has been bashing GME for 2.5 years straight, and lately they've turned to focus on BBBYQ and Ryan Cohen himself.

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Again, they're using the same playbook. Shorts have covered. There's no such thing as naked shorting... oh wait naked shorts yeah (CNBC). GME is over, they're going bankrupt (most of 2021 and 2022 right until they turned their first profitable quarter in ages this year). The short squeeze happened in Jan 2021 (oh yeah, why are you still talking about it in 2022 and 2023?).

They've been spending way too much time and money campaigning for people to "forget Gamestop" to the point of creating a full blown movie that will be released in September just to remind everyone IT'S OVER!!!!!!!!!!!!

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On the other hand, they've mentioned AMC multiple times and put it in the "good" spotlight so many times, that set off red flags in my head (their first preference is for people to sell or avoid GME, but if they have to buy a meme stock, buy AMC... like they wanted people to get the fucking vaccine, but if they have to get alternative treatment, they can take remdsivir or Pfizer's Paxlovid)

Meanwhile they have given ZERO of such (positive) coverage to GME and have been bashing it to the ground with FUD that it's a terrible choice you never want to pick.... much like they did with Ivermectin.

They want people to sell/not buy GME and BBBYQ because they're concerned and just looking after us (much like they're concerned about us and our grandmas that's why you have to take the vaccine and take your boosters) and that's what led me to the conclusion that it's a good buy.
 
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Oh shit a BBBY schizo!

How's it feel knowing that Bed Bath & Beyond is going to be completely liquidated and that the shares will be cancelled without recovery? You still holding out hope for the mythical BBBY+GME merger that's happening any day now?
TBH I don't know what the fuck is going on these days but we do live in clown world.

Call it a stupid argument (it might be) but I don't trust a MSM article saying that BBBY is going to go bankrupt and its shares will be worth nothing (so sell now!) until the company ACTUALLY goes bankrupt and has shares worth $0, in the exact same way I don't trust a MSM article saying the new Omicron variant is more scary and the unvaccinated will overcrowd ICUs and die (so vaccinate and boost now!).

I made money off BBBY options last year (bought in May when RC bought em and sold in August), and only bought into the actual stock recently so my cost basis is in the cents. Still wish I put in that $5k and bought at 5 cents on the day Chapter 11 was announced in April though... was thinking about it and pussied out.

Like I said in the other thread, BBBYQ is an all or nothing play. People should be investing in it based on everything they see in clown world (not because of TA, not because of Pulte, not because of international moon day and other stupid shit that Retardditors love to correlate) and be willing to lose all their money invested given the company is in Chapter 11.
 
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Most people can't afford to use their money that can be used anywhere to buy money that can't be used anywhere or at least at a very limited number of locations. Crypto is a scam. I could see that right from the start. It's just a speculation casino. Like gold and silver. The precious metals operate the same way. It's all speculative and the only value they have is because someone said it has value. At least you can hold gold and silver in your hand though. I have never seen a crypto. I have seen plenty of pictures of Boomers holding gold and silver.

I understand that crypto is a good way to exchange money by people who can't use more traditional financial means of transactions. But to the other 95% of the population it's basically useless. It even fails as a currency. No one accepts it and the whole point of a currency is it can be traded for goods and services.

Also the whole value of crypto is based on how valuable it is compared to the US dollar. It's all just really scammy.
 
Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.​

- C.S. Lewis

(Of coruse quite a number of SJWs can be hypocrites who don't believe what they push, and it seems all SJWs have double standards.)
 
Most people can't afford to use their money that can be used anywhere to buy money that can't be used anywhere or at least at a very limited number of locations. Crypto is a scam. I could see that right from the start. It's just a speculation casino. Like gold and silver. The precious metals operate the same way. It's all speculative and the only value they have is because someone said it has value. At least you can hold gold and silver in your hand though. I have never seen a crypto. I have seen plenty of pictures of Boomers holding gold and silver.

I understand that crypto is a good way to exchange money by people who can't use more traditional financial means of transactions. But to the other 95% of the population it's basically useless. It even fails as a currency. No one accepts it and the whole point of a currency is it can be traded for goods and services.

Also the whole value of crypto is based on how valuable it is compared to the US dollar. It's all just really scammy.
Anybody who claims they're buying crypto because it can be used as a means of buying and selling other goods is rich and doesn't know where to put their money or is a delusional liar. Most of society falls into the latter group. They're really buying it in hopes of getting fucking rich.

You said it yourself, it's a speculative means of potentially making money. And why wouldn't they use their money in that way? The average family home (and by home, it's usually a fucking apartment) in a decent location in any big city today is like 20X the average household's annual salary. A lot of people are being forced to live in cities because that's where many jobs are but they don't want to spend all their time commuting, which is why they spend on a home in a decent location. Inflation is rampant and interest rates are on the way to become fucking nuts.

Of course people are putting their money into speculative vessels because nobody (especially with a family) can survive on 2 incomes from normal employment these days, much less 1. And by survive I mean be able to actually own the fucking home they live in and not rent.

It's clown world and it's only going to get worse before it gets better.
 
Completely with you OP. We've been in the clown car for decades and only descending faster and deeper into the abyss of total lunacy. Got laughed at for buying Tesla in 2011/2012 when I told people they were going to force the green agenda no matter what ( what I should've been laughed at for was selling too early ). Got laughed at for getting some ( but not enough ) bitcoin during the MtGox era. Soundly mocked for tripling down on GME when it was ~$20. Bought the BBBY dip for ages, down to an average cost basis of around 12 cents. My only genuine slip-up aside from not buying enough or selling too early was when I went balls deep on the election, had I been more attuned to the mindbending machinations of the Clown Dimension I would've put every penny I had on the Alzheimers patient campaigning in empty parking lots and from his VIP-suite on Epstein Island.

My lack of faith in the mainstream is so complete that im not entirely convinced that bathing in mercury while hotboxing vaporized lead and asbestos fumes doesn't somehow grant you superpowers.
 
Completely with you OP. We've been in the clown car for decades and only descending faster and deeper into the abyss of total lunacy. Got laughed at for buying Tesla in 2011/2012 when I told people they were going to force the green agenda no matter what ( what I should've been laughed at for was selling too early ). Got laughed at for getting some ( but not enough ) bitcoin during the MtGox era. Soundly mocked for tripling down on GME when it was ~$20. Bought the BBBY dip for ages, down to an average cost basis of around 12 cents. My only genuine slip-up aside from not buying enough or selling too early was when I went balls deep on the election, had I been more attuned to the mindbending machinations of the Clown Dimension I would've put every penny I had on the Alzheimers patient campaigning in empty parking lots and from his VIP-suite on Epstein Island.

My lack of faith in the mainstream is so complete that im not entirely convinced that bathing in mercury while hotboxing vaporized lead and asbestos fumes doesn't somehow grant you superpowers.
What helped you to 'find' stocks like Tesla so far back in 2011/2012? AFAIK they only gained mainstream popularity after 2016. I've shamefully been using Faggit too much for information because there's few places left to go, places like Bitcoin Talk have shit signal to noise ratio but Faggit has been steadily going that direction over the years.

I'm also curious what got you into GME, if you're still in it and when you started getting into BBBY and what keeps you holding (especially given recent news this week)

How exactly did you go "balls deep on the election" and how would you have accomplished putting every penny on alzheimers man? Is there a place you can actually bet on political figures winning?

And finally what's your take on clown world turning around? With where the Hunter case is going, Budlight/Target boycotts (and sudden noticeable increase of people openly against LGBTPEDO), Sound of Freedom topping charts, more people dying suddenly, do you think the tide has actually turned in our favor?
 
@ToxicKek
What's your price target for BBBYQ?
Selling a good chunk at the $20-$30 range because
  • Overstock went from $3 to $120, 40X triggered by short squeeze
  • Hertz went from $2 to $100, 50X coming out of chapter 11
  • American Airlines went $0.20 to $20, 100X from delisting to coming out of chapter 11
  • Gamestop went from trading at $5 for months to $500, 100X during the fake squeeze of Jan 2021

BBBYQ was $0.20 after filing chapter 11 (April 24), $0.05 rock bottom (May 3) and $0.08 between those dates has been the lowest closing price so far.

$20 is a 100-400X from those price points and $30 is 150-600X which I find reasonable given existing chapter 11 comboed with a short squeeze.

Given BBBY's $80 ATH in early and late 2014, $45-55 peaks in Jan and May 2021, and how much hedgies have shorted this and the understanding that they're narcissist fucks who will never back down especially because they've won countless times, they will never expect to lose, BBBYQ hitting $50-$80 again won't be unexpected and that's why I'll be saving a portion of my shares to sell at potentially higher prices.

I committed a good amount to BBBYQ, enough to make me nice and comfortable to wait until GME pops off if everything goes well, not enough to make me sad and troubled if everything doesn't. And as I said before, it's an all or nothing play. I don't think there's going to be any in between where it shoots and stops at $5 or some shit.
 
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Hate to say it. But if you still mention Gamergate in 2023 you should probably just stick to index funds.
You should do that in general. Unless you're extremely perceptive, or more realistic extremely lucky, you'll consistently underperform the overall market on your ROI. Nothing wrong with setting aside some money to speculate but you should leave most of your assets in index funds.

This was the reality that shattered the myth of most hedge funds several years back. You were paying enormous fees to do worse than the market. Or all those former dot-com millionaires and day traders back in the 90's.
 
What do you think, OP?


Bed Bath & Beyond is back from the dead
By Parija Kavilanz, CNN
Updated 10:21 AM EDT, Tue August 1, 2023

On Tuesday, Overstock’s website relaunched as BedBathandBeyond.com, a move that merges Overstock’s online business model and merchandise categories with popular branded products favored by Bed Bath & Beyond shoppers.

“All of Overstock’s categories will transition over and new products will also come in,” Jonathan Johnson, CEO of Overstock, said in an interview with CNN.

One change that Overstock is contemplating is the company ticker symbol.

“We think the corporate name, which is Overstock and ticker ‘OSTK’ is probably not a fit anymore. We’re figuring out what to do. We’re not sure we want it to be the “BBBY” tainted ticker of a meme stock gone bankrupt. We’ll find the right name in time.”
 
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How much money did you lose on AMC?
$0 because I knew it was a fucking scam from the start. I read the room when a dozen MeMe StOcKs were being pushed and everyone was saying everything was iN tHe MeMe BaSkEt, identified most of the talking points as bullshit and AMC to be a shit/shill stock that all the normies were piling into.

Like I said, same thing I observed with the vaccine. People (fucking idiots) were rushing to get it because everyone around them was getting it, therefore it must be a safe bet.
Hate to say it. But if you still mention Gamergate in 2023 you should probably just stick to index funds.
Those who don't learn from history are bound to repeat it.

What do you think, OP?


Bed Bath & Beyond is back from the dead
By Parija Kavilanz, CNN
Updated 10:21 AM EDT, Tue August 1, 2023
Nothingburger for now. The brand is under Overstock so no impact to the ticker.
 
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You should do that in general. Unless you're extremely perceptive, or more realistic extremely lucky, you'll consistently underperform the overall market on your ROI. Nothing wrong with setting aside some money to speculate but you should leave most of your assets in index funds.

This was the reality that shattered the myth of most hedge funds several years back. You were paying enormous fees to do worse than the market. Or all those former dot-com millionaires and day traders back in the 90's.
I used to be a good boi taking /r/personalfinance and Bogleheads' advice to put money in "safe", indexed funds because "time in market beats timing the market" until I realized that there were other ways to make way more money, way sooner (especially when clown world started getting stupider wider broader faster)

Don't get me wrong, I think index funds are great for a certain profile, like someone who is in or nearing retirement and/or has a comfortable amount of savings, it can seem like unnecessary risk.

For everyone else, do you really want to work 50-70 hours a week (8am-9am wake up, get ready for work, commute, 9am-6pm work, 6pm-7pm commute and wrapup/winddown) which is literally over half your waking hours a week to spend 25-50% of your pay on rent while saving up for a mortgage, and blow 10k a year on 2X 1 week vacations to stave off burnout from said job.

And you're going to have to do this for the next 30 years once you get a mortgage, all while out of control inflation eats away at both your spending power and savings, and every time you're unemployed, you're set back on 3-12 months of savings (either no or negative savings rate).

Don't forget when the government where you live (most countries) raises taxes to "help the poor" while continuing to allow the ultra rich and companies to exploit loopholes to avoid taxes, increases "mandatory contributions" into a fund which makes it difficult or impossible for you to ever pull out even the same sum you put in (this is because they're doing it to HeLp YoU sAvE fOr ThE fUtUrE) and raises the retirement age to like 80 (seems hard to believe now, but if you're <40 right now, there's plenty of time for that to become a reality)

Yeah no fucking thanks I'm going to capitalize on clown world as long as it exists (we'll either return back to sanity at some point or shit will become so bad that we'll all become slaves to the wealthy with a cashless CBDC only world where your money "expires" and you live to work) and "YOLO" my money into uNsAfE hIgH rIsK investments that literally 10X my money in 1-2 year timespans because I actually do my due diligence and use my god given instincts, unlike retard normies who jump into buying AMC and getting the vaccine because MSM and their government said it's fine, and all their friends and family got it too.
 
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For everyone else, do you really want to work 50-70 hours a week (8am-9am wake up, get ready for work, commute, 9am-6pm work, 6pm-7pm commute and wrapup/winddown) which is literally over half your waking hours a week to spend 25-50% of your pay on rent while saving up for a mortgage, and blow 10k a year on 2X 1 week vacations to stave off burnout from said job.
Change a few words and every single thing you said sounds exactly like it did during the peak of the dot com or housing bubbles, with the banks and institutional investors trying to offload their junk on greater fools before reality hit. Nobody younger than 35 or so has any experience at all with market conditions that don't have both extraordinarily low interest rates and unbelievably enormous expansion of the money supply.

I'll stick with the mortgage, job, and some index funds. One fuckup with things like this and you will be completely wiped out.

The mean always reverts.
 
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