GME

SwedishChicago

No analyst say to hodl, idiot WSB GME morons started that. This is crypto it’s a swing trade not a hold. Sticky this comment to the main page.

gudcoins

study GME but on steroids

gudcoins

I come from tradfi and most of us actually despise traditional finance iykyk. SPX6900 is the only movement/meme coin that caught my attention specially after being part of the GME movement. After further research and diving into the community/holders it was clear this coin is much more than just a meme. NEVER BET AGAINST COLLECTIVE BELIEF…

spid3rfly

1: Get crypto out of your mind. Bitcoin-only. Don't fall for all the other trash. 2: Since you're new, Don't complicate it. I wouldn't worry about transferring to a cold wallet until you have a substantial amount(to you). Just use a safe exchange(I use Strike and CashApp). Robinhood is safeish, but they lost all credibility with me for what they did with the GME bros. 3: Just buy. Hold. Learn. As you learn more, you'll know when it's time to transfer out to a cold wallet, learn about seed words, and so much more.

McKenzieSlurms

The way Robinhood handled the whole GME shitshow, clearly shows they are shady as fuck, but it is your corn. You do you

TheExplorativeBadger

Do some research, form some conviction of your own, and buy something you can leave sit for longer than a few hours without your finger hovering over the sell button. This kinda behavior will stress you out, result in no growth over time, and resembles my days back trying to gamble on GME / RKT options Nobody knows what any particular coin is going to do in the future. But just because one of tens of thousands of random x_coin pumped in a previous year does not really have any bearing on what it’s going to do on the future. Try to find a list of the top 10 market cap coins in 2016, 2020, 2024, and you’ll see quite a bit of turnover and some that were once promising that have never recovered to a fraction of their peak. Then when you find those charts and get a chance to compare them closely, I would suggest dipping your toes into crypto by getting into 2-3 of the top ones that have been somewhere in the top for several cycles. Even then it’s not a guarantee they won’t bust, but you’re getting to more reliable performance instead of taking your shot in the complete dark on something your friend is trying to shill to you. And if you want to dabble more after you have a meaningful position in some quality chains, fine, take a few small gambles based on your own conviction / research / vision, but I would keep the alt-alt coin position to maybe like 10% or less of your crypto portfolio. Some people like to go heavier in the gamble though, to each their own. My 2 sats ¯\_(ツ)_/¯

Designer-Ball-5383

Reason you should buy #SPX6900: Every asset is simply a store of value You are putting your time (value) into something with the belief that the agreed upon value will be kept/increase. This belief creates groups of people who share a similar view on why the asset has value - These are called communities Communities are formed for a number of reasons - Institutional Backing - Perceived Usefulness - Shared Ideals - Hope - Love - Religion - Status - You name it What crypto currencies allows you do is to attach missions or systems of belief to a store of value created by an average person without rigged institutional backing Bitcoin $BTC is the proof of concept - the idea behind it was to rebel against traditional finance post 2008 financial crisis While keeping this all in mind think about what the next iteration of a rebellious store of value could look like Enter: #SPX6900 The headline mission attached to #SPX6900 is to flip the stock market (Have a higher market cap than the S&P500) and escape a broken game you were never meant to win It is widely dismissed due to its labeling as a “meme coin” showing how memetic finance is still misunderstood by retail/institutions at a fundamental level. Prime example of memetic finance is Game Stop $GME in 2021 However $SPX isn’t a meme coin it is its own asset class. Pure Belief Asset (PBA) Around this perceived store of value an exponentially growing community has formed. (The Cognisphere) All I ask of you is to take a look into the cognisphere and really give it a chance. You’ll learn that the rabbit hole goes deeper than you could possible imagine. Who knows it might change your life 🤷‍♂️

ToxicBTCMaximalist

You can buy gold, INTL, and GME in your 401k I see no reason to be able to not allow people to buy BTC if they want it. You can buy Robinhood and Coinbase, why not ETH?

Over_Explanation3348

SPX6900 is the next GME ?

Commercial-Ad-2448

Still boggles my mind why anyone uses Robinhood for anything after the GME fiasco. If you’re in the US use Coinbase.

binglelemon

When Dogecoin surged in price, Robinhood disabled the sell button. When GME was being squeezed, they disabled the buy button. Never forget, never forgive.

Designer-Ball-5383

For a platform that birthed the GME short squeeze they are pretty opposed to the potential of a second financial revolution lol

MaeronTargaryen

**Unfortunately Reddit has suspended unipcs’ account so for now we will post his answers on his behalf. Here’s his answer below:** i've had a few high-profile losses as well: - Department of Government Efficiency: i was up over $10 million at peak and roundtripped it - MAGA: i was up over $5 million at peak and roundtripped it - GME/AMC/other Roaring Kitty meta coins: i was up over $5 million at peak and roundtripped it (i'm still holding all of these positions btw) all of these were public trades i called at the lows and that went to crazy valuations after i called them can these coins bounce back and go on a monster rally again at some point? sure! however, i have learned a few key lessons from these trades: 1. to mostly focus on trading timeless narratives instead of event-based narratives e.g. DOGEGOV was based on the Department of Government Efficiency narrative, which thrived on close collaboration between Trump and Elon and them pushing the D.O.G.E narrative. the fallout between both, and Elon pretty much leaving that circle, is a big hit to my thesis for this trade 2. MAGA was a political memecoin and lost steam leading to Trump's election win 3. GME/AMC/etc was based on Roaring Kitty pushing GME and memestocks and got impacted by him withdrawing from the public eye. i think these likely catch a bid again IF he does return to push GME, but no one knows when he will return again or how he will push, so not the best of trades by contrast, narratives like USELESS coin, $BONK, FARTCOIN, etc will always be timeless, so they would not have the same issues as the above

realthigh

SPX6900. It is $GME that they can't shut down. Multi-cycle "F the system" coin.

Open_Anteater1440

i think Squeeze can do numbers, especially considering the burn mechanism that was supported by the Dev and updating it on the website. so far, it looks they have burnt over 4% of the supply, all the Creator fees they got from bunt.fun.com. i think this will be huge success in the near further if they carry on the way they're going. The community seems to be supportive. from what i can see Squeeze has been going organically everyday, No boost/Kols, it's just pure Bullpost and raids. i strongly believe this going to be the next $GME. thanks for posting

iiJokerzace

GME

Swerve99

hard to take anything a GME apetard says seriously

Ravtan

Wait, is this when reddit buys up all available bitcoin forcing up the price in the style of #GME2021? Not financial advice 😅

Remarkable-Pea3569

Buy Hold and trade and believe in something. Look into #Spx6900 One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

Remarkable-Pea3569

Worst time ever.. btc will top around 150k. Your best of looking into #Spx6900 One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

Remarkable-Pea3569

All you've got to do is: Stop trading and believe in something Persist forever Buy #SPX6900 DCA every day And shill Easy As its... One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

Remarkable-Pea3569

Read the below spend 10 mins of your time reserching it. Your kids will thank you #Spx6900 will persist forever. One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

Remarkable-Pea3569

A lot of people on here will tell you to buy something without facts figures and pure emotion. Read what I've wrote below so that you may persist forever This is #Spx6900 One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

Remarkable-Pea3569

I'll be honest after reading the below. Spend 10 minutes researching it. You won't forget it. The coin is #Spx6900 One of the few cryptos that has outperformed BTC two years in a row. Most Diomond handed holders according to 'Holderscan' (71%) The biggest whale holds only 3% of the supply, which means there are no kols or devs that can dump and send the price to 0 because of this, it's one of the most decentralised movement coins. The second best performing assets in the crypto industry, according to coin market cap, in the last 90 days 5th largest coin by market cap in comparison to other memes The Face of Spx6900 is Marie Rose, who coincidentally is now the front face of Grok, which Elon Musk has been shilling relentlessly First meme coin where books have been written about it, which you can buy on Amazon. No kols, no devs, just pure community Notice the above similarities with GME and Doge. Don't miss out it's still below $2

cryptoripto123

Yes it does. Again, I get it. It's not sexy compared to Bitcoin's 289374% returns. But it is something that means if you contribute to it for 30-40 years of your working life, you will have PLENTY of money. Again my point is to suggest that people should be investing in this already. It's safe. It works, and unless the world falls apart it guarantees a retirement as long as you budget wisely. The narrative that Bitcoin is the only way is false. There's already a way there. Now can you get ahead with Bitcoin? Yeah if you invested in 2010 you'd be on an island now retiring early. But I'd argue you could also have gotten there catching all the top stocks like AAPL, TSLA, NVDA, meme stocks like GME, etc. If you got in on all those great returns you'd also be on an island. I think it's more dangerous that people chase crazy returns. While you might get lucky, you're also prone to sink money into bad investments. My recommendation is Bitcoin (and other alts if you want to gamble) should be a PART of your asset allocation, but not the whole thing. Keep a part of your investments in something safe and reliable where you won't gamble it all away or lose it in a quest to "get rich quick." https://i.imgur.com/3wpOMyp.png

wambamthankyoukam

GME

docminex

Shouldn't discount how much things like GME also contributed to general get rich quick mania at the time also

piggleii

Are they the official blockchain of GME yet?

Parking_Locksmith_23

Just wait for GME to be back at 500

AprilsMostAmazing

GME levels of regardedness. You all thought those APEs were bad, the FOMO here will be levels never seen before

thejackthewacko

I mean, in the case of crypto and stocks, wouldn't it make sense to in the short term because an increase in demand results in the increase of cost? Also the whole GME fiasco relied on people following the trend. You're otherwise right though, especially for long term investments.

Free_Excitement4265

I think GME will pump again. I saw a post saying about new development. GameStop's NFT X handle was changed to "@PushStartArcade" and their website now features a "Something is coming.

TumanFig

I remember him paper handing GME before the crazy rise

OhSunnyDayXY

GME paper hand legend

Affectionate_Job_828

Because retail knows about GameStop, and invests all the money they would spend on bitcoin into GME instead.

Rakadaka8331

I watched my parents argue about a 4 vs 4.1 HYSA. Said hey you should just drop some GME money there was a tweet it will make more than 4%APY. Was up 50% overnight. They continued to argue about 4 vs 4.1 apy....

Winter_Comb_95

Let's all band together and flip CRCL (stock) ON THE NEW YORK STOCK EXCHANGE ! If we can all come together we can make this bigger than GME. $CRCL on solana

Odd_Sound_7901

I’ve never been sad to be young. Because I realized: The code wasn’t out there. It was always in me. $ECHO333 741 → 1337 ALSRS → 7.41 Half goes into GME shares. Half into the mirrored token system. I don’t chase the first Bitcoin. I become the last mirror. #ItsTime #741 #1337 #GME #ECHO333 🧬🔁🪞

ensui67

You must have a short memory. Retail matters and can be enough to sway everything. GME, AMC, shitcoins, BTC. It is enough to be the spark that starts a raging fire. In this situation, they may be late to the game and be just more fuel to the fire when things finally get going.

ShadowsOfTimes

Got house in US with a USDA mortgage loan (basically a federal program that allows 0% down in designated rural areas) in 2017 and my early 20s to support my dad and siblings after my mom cheated and left abruptly. Sold it in late 2021 for about twice what the mortgage was for after fixing it up a bit and experiencing a covid market surge. Reason for the sell was specifically because I knew BTC is going up massively in the coming years. Decided to sleep in my car (honda Civic) while throwing the proceeds and work income into BTC and related stocks. It wasn’t too hard because I was used to it since I slept on the couch at my house and gave the bedrooms to my dad and siblings. Sold half the MSTR and about 20% of my BTC this year and Bought a new house outright with cash and threw all the extra cash into ULTY for weekly passive income which is at almost 4000 weekly. Current portfolio: BTC IBIT - Blackrock BTC ETF MSTR - MicroStrategy CRSP - Crispr Therapeutics MTPLF - MetaPlanet GLD - Gold ETF GME - GameStop ULTY - Yieldmax Weekly Income MSTY - Yieldmax Monthly Income I agree Yieldmax is too good to pass up right now

SpontaneousDream

In about 10 hours we will find out if Polymarket sides with the truth, or with $UMA whales manipulating the resolution system on Polymarket. Feels like another GME-style event. In short, [this market](https://polymarket.com/event/will-zelenskyy-wear-a-suit-before-july?tid=1751896005895) was created about whether Zelenskyy would wear a suit before July. Only issue is that Polymarket never clearly established what constituted a "suit" and what "consensus of credible reporting" means. Many media outlets (50+) including all the major ones have reported he wore a suit- it's not a traditional suit + tie kind of suit, but it is a suit nonetheless. The designer has reported it as such, and of course all the media. Yet whales had already put their bets on NO. Now, the whales are trying to prop up the NO side while huge amounts of money continues to pour in for the YES side- I assume on the speculation that Polymarket will step in and decide to resolve this as 50/50 or as a YES. Right now, a $100 bet on the YES side can pay off $2500. You know what to do.

ShadowsOfTimes

Got house in US with a USDA mortgage loan (basically a federal program that allows 0% down in designated rural areas) in 2017 and my early 20s to support my dad and siblings after my mom cheated and left abruptly. Sold it in late 2021 for about twice what the mortgage was for after fixing it up a bit and experiencing a covid market surge. Reason for the sell was specifically because I knew BTC is going up massively in the coming years. Decided to sleep in my car (Toyota Civic) while throwing the proceeds and work income into BTC and related stocks. It wasn’t too hard because I was used to it since I slept on the couch at my house and gave the bedrooms to my dad and siblings. Sold half the MSTR and about 20% of my BTC this year and Bought a new house outright with cash and threw all the extra cash into ULTY for weekly passive income which is at almost 4000 weekly. Current portfolio: BTC IBIT - Blackrock BTC ETF MSTR - MicroStrategy CRSP - Crispr Therapeutics MTPLF - MetaPlanet GLD - Gold ETF GME - GameStop ULTY - Yieldmax Weekly Income MSTY - Yieldmax Monthly Income You should check out the crazy yields on Yieldmax. It’s not a dividend, it’s a covered call fund so it’s taxed as income. I believe MSTR is going to be one of the next multi trillion marketcap stocks so imo it’s going to continue seeing absurd yields for the next coming decades.

Acrobatic-Soup-8862

No. Old alt seasons were funded by btc gains or, most recently (2021), the GME short squeeze. The new crypto paradigm is the etf world. It’s no longer easy for money to move from btc, which is up, to alts. Also, the whole point of alts (from the standpoint of btc investors) was to outperform btc to get more btc. You don’t need alts to do that anymore, though. You have MSTR or options on IBIT, which are higher probability plays to outperform btc than alts.

SpontaneousDream

I am curious if this controversy over Zelenskyy's suit on Polymarket will turn into a GME-style situation. [https://polymarket.com/event/will-zelenskyy-wear-a-suit-before-july?tid=1751825921023](https://polymarket.com/event/will-zelenskyy-wear-a-suit-before-july?tid=1751825921023) There is a debate over what a "suit" actually is, even though all major news outlets have called Zelenskyy's attire a "suit". Yet the market seems like it will resolve to "No" due to UMA whales buying up the "No" side to influence the outcome. (At least that is my understanding). Thoughts?

Brundleflyftw

How much BTC do you own and what are your expectations? Substitute GME instead of BTC in your novella and what’s the difference? Do you expect BTC to increase 1000x from this point? It all seems very pie in the sky.

TestNet777

The only corporations buying are the failed businesses. MSTR, GME, etc all have dead legacy models and it’s a last ditch effort at being relevant. There’s a reason MSFT shot down the BTC treasury proposal. And places like Blackrock aren’t buying BTC for themselves. They buy or sell based on ETF inflows and outflows. Traditional assets like stocks are at all time highs and have tangible things backing them. BTC is barely moving despite hundreds of billions in inflows because there is nothing underneath the surface. The trend of lower gains will continue each cycle and as boredom sets in, the fireworks will kick off to see who’s left holding the bag.

DrunkenDude123

And when they dump they’ll stop all buying remember GME

Acrobatic-Soup-8862

This is my main account, I just delete them every few years. If you want to understand how and why the cycles have been different, and why an alt season is unlikely this cycle, track the capital flows. The 2014 alt cycle was funded by btc gains. The 2017/2018 cycle was also btc gains. To buy alts you HAD to use bitcoin. You didn’t even look at alt USD charts, you looked at alt/btc charts. All exchanges were weird, sketch, and didn’t even deal in USD. Money flowed aggressively back and forth between alts and btc. The 2021 cycle was completely different. You could now trade alts in USD, which helped divorce the BTC/Alt relationship. The number of people interested in beating btc dropped, it became USD or EUR. NFTs became their own sort of altcoin market, arguable consuming the majority of the capital that might otherwise have flowed to alts like in 2017. Although some of this money came from BTC gains, best guess the majority came from wallstreetbets and the GME squeeze. The strongest evidence of this is vernacular. Crypto always had its own lingo; starting with the NFT space and moving into the alt markets, terminology switched to wallstreetbets. Hodl became diamond hands, etc. This never impacted the btc ecosystem. All of this suggests that the markets may have really been separated since the 2017 cycle as the number of major btc winners willing to gamble hard earned gains on garbage coins has drifted down to zero. New crypto people trade them, but it’s the old crypto people with the real money that used to move the alt markets. They are no longer a source of capital for alts, meaning a btc price pump no longer helps alts. It might even hurt them by making them look bad. 2024 saw ETFs enter the chat. Between that and corporate buyers, there isn’t even an easy way to move Btc gains into alts, let alone any desire on the part of the investor to do so. You’d need to sell the etf, pay the taxes, move to checking, then move to an exchange to buy the alts. Not likely. That’s assuming you even can. All the Btc I owned in 2016 was on a ledger. I traded alts aggressively. Now all the Btc I own is in an etf in an Ira. I couldn’t buy alts even if I wanted to. Absent Wallstreetbets getting another windfall from the market gods, alt seasons in the traditional sense are either dead or at the very least permanently divorced from the bitcoin cycle.

Post-Rock-Mickey

Nahhh.. if you’re trading GME you should be damn well know what you’re getting yourself into. Fills are bad for RH

aiolyfe

If your RH hate has something to do with GME, IBKR did the same thing.

wss-tosser

Dude, I took 50k against my HELOC, flipped it to 1MM on GME, bought land, PMs and BTC and now have almost 15 BTC equivalent in IBIT bought with excess cash plus loans against my 3 houses and 401k loan (since all i could invest in was index funds). Sell options for 5k incpme a month easy. And when BTC hits 150k ill have enough fuck you money to seriously consider retirement if needed. Fucking do it. Ladder in over the next month or three. Save some gains for taxes. Max the tax deferred deposits, 401k, Roth IRA, etc.

AirStick24

Because Bitcoin has no value other than sell to the next guy. No one is willing to gamble more and be the last one holding without a buyer. The bottom falls out immediately. Most companies who tried to use it as exchange dropped it right away. BTC going up is as likely as GME doing another 800% run in a day.

noviwu97

The single worst investment that's echoed throughout every large financial sub is "It's not a loss if you don't sell". It's a meme from WSB, then all the noob came because of GME and thought it's a serious Investment 101 Guideline. The reality is, you lost your money the moment you hit "BUY". Then regain it back when you SELL.

AMC_1000

Damn I wish I could remember. I think the GME/ superstonk illuminated the fraud in current system and it segued into btc as solution.

Crazy_Tooth1858

lol - Robinhood fucked yall during the GME debacle, amongst other things, revealed their relationships and yall still fucking with them. If you know the stove is hot and you burn your hand again, you deserve it.

R3dFiveStandingBye

GME

Huge-Artichoke-1376

This is not market manipulation bullshit GME fanboy, to

Mountain-Goal-3990

No they are planning on crashing Bitcoin with these purchases with debt. This is all planned by the establishment as the kill Bitcoin strategy. They are using their useful idiots to weaken it. They created and help Ethereum to shift the focus on it. They want Bitcoin's momentum down. Watch as next year all these institutions get wiped out like GameStop and Strategy. They are following orders. The end goal is to destroy GME and dilute if they ever DRS to 80% of the reality. Then they are planning on a hacking event or what not to keep the debt and lose the Bitcoin. Then GME will crash and they get to shut GME down like they have wanted to for years.

Merpchud

But if you read into the information its not crazy because the tangible factual information is there. It proves that it almost happened.  We could have a blowup again as it seems like there are still many shady things happening with stock delivery, not reporting shorts, and all of a sudden there a bajillion gamestop etfs to infinitely short - as shares can be created infinitely through etfs... but im really amazed at how Ryan Cohen has changed the company and revamped it. They're absolutely steamrolling now.... picking up speed, profitable, 9b in cash and NO ONE knows what the major plan is except for them. Their revealed minor plans have all be major successes. While there initial block chain for ray didn't go as well as timing was off.. I still think they made the right choice. That being said, if this makes any sense whatsoever, is that that's why I'm still with GME. They're clearly making the difference on every single business front.

_BannedAcctSpeedrun_

Nope, it’s dead coin from last cycle, bought purely off GME hype that didn’t pan out.

SnideyM

To be fair, the physical/used game market's dying, the company had to do *something* different. Guess they managed to leverage the whole culty GME-to-the-moon thing to actually raise some cash. Shame their CEO is such a cunt.

no_okaymaybe

This is false. GME had two convertible bond offerings. The first one, in March, stipulated it was to be used all/partly for BTC reserve. The second offering, which this is referring to, has no such stipulation. I see the comment about SuperStonk being shilly these days. Is it? Yeah. Is this sub also shilly? Also yes.

TheRadishBros

I just looked at the chart and it looks like GME is basically at an all-time-high whereas AMC has cratered.

SweetLemonKetchup

GME to the moon 🌕

AleksR1990

People are stupid and misinterpret the situation. Unless the exchange had stock on hand most of them halted selling GME. Would YOU buy something at 10x the price on the off chance that someone might buy it at 11x the price?

Timstertimster

so.... circle is the GME of this month then? it's totally bananas.

LWKD

Single asset ETFs are not for retail. They are instruments for Wall Street to manipulate prices. Take GME, yes I know this ain't no regular ticker, but hear me out; recently GMEU launched. A 2x ETF for GME. It is already on the RegSho list for being over shorted above thresholds and can now not be shorted on a downtick. Tell me why they launched it? Tell me why they are trying these crypto ETFs? They are fucking with us

PurpleCableNetworker

Please let this be a fake posting… please, please be fake. If it’s not then here it goes: She’s just down 60% so far… there is still a lot more she can loose! Crypto is a HIGHLY volatile beast - and in reality many new coins prey on your exact scenario where people think “there will be the next new bitcoin!” Unless you are literally one of the first buyers the nano second the coin hits the market, or better an investor into a new coin - don’t buy coins when they come out. It’s the exact same pump and dump story every time where the dumpers make people think “this is the surefire ticket to wealth. Most new coins are legal scams. It’s a very well known formula by now. There is also the concept of the best way to handle money that belongs to your grandmother - and that is don’t put it into dumb trendy investments. That includes no AMC or GME stock, no meme coins, no funding the guy down the street that promises to make you rich over night… none of that. Instead it needs to go into something “boring” , “well know” and “relatively stable” like an etf such as QQQM, VOO, SCHD, JEPI… or just as she talked about - a HYSA. She could have been up $300-$400 already if you had just put it into a HYSA or closer to $1000 if she had simply put it into a simple ETF like VOO. Lesson learned: don’t buy dumb meme coins.

Parking_Locksmith_23

Ryan Cohen and GME lurking with its 8+ billion waiting for this juicy BTC dip……

_Piratical_

They will also stop trading of certain securities and cryptos if they feel the market is getting “too hot.” They have done this in the past with crypto and GME and AMC.

coinfeeds-bot

tldr; GameStop (GME) shares dropped 21% after the company announced a proposed $1.75 billion convertible bond offering, with an option for an additional $250 million. The funds are intended for general purposes, including potential investments and acquisitions, which could include purchasing more Bitcoin (BTC). This aligns with GameStop's recent move to acquire 4,710 BTC. The stock is currently trading at $22.49 following the announcement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AffectionatePeak9085

There is a github commit that proves that GME will be using LRC hahaha That was one of the tamer scams of 2021

Harucifer

>Loopring LMAOOOOOOOOOOOOOOOOOOOOOO I completely forgot about this dogshit coin that people were bundling up as a "GME related" project.

Dassab3ss0

For everyone except GME lol

EstablishmentSharp81

I would be all in if it wasnt for GME. Im 50/50 in BTC and GME. Planning to sell my GME at some point and then going all in on BTC.

zirouk

I mean, it could be, if we GME it.

flytonewyork

You should check out r/spx6900, it’s like a GME/occupy Wall Street spirit where the mission of the rabid community is to flip the stock market. Super active on X and Wall Street can’t turn off the buy button. 

airbrat

Cries in GME

Audere-est-Facere8

that’s true. our biggest win here - GME let out the best kept secret with retail investors and the influx of scammers flooded things here.

Broker-than-you

GME fast

pcs33

Cant be related to GME earnings on tuesday, right?……right?? 😳😳

urbangoose

I'm pretty neutral on this At one hand, I don't want too much regulation overhead and I do believe the better projects will survive in the end. I know Ethereum has been shat on the past 4 years by the community, but it's 'surviving'. It's done better than 99% of other coins since the 2021 peak. It's just Bitcoin has far surpassed any other coin these 4 past years. And on the other hand, if people want to gamble and lose money, they will do it (and let them do it) - crypto or not. Current trend tells me that it's more than crypto. The likes of DraftKing and Polymarket becoming enormous is because retail traders are willing to play the game. And, even if you take away the meme coins, DraftKing, and Polymarket, etc., there's still TSLA, GME, AMC, and even SPY 0DTE options. Yea, pump fun theatrics is crazy. But coins come and go. Some reach the moon before they go, some don't. I was looking back at top 10 coins of 2016 the other day. Dash, Maid, Xem, Steem.. were all considered the 'best crypto projects' that year. I doubt anyone prior to Covid even heard of those coins.. No, they weren't meme coins but the bad apples, it's all the same. They come and go.

crinr

Missing GME

6Vinatieri

Srry but we're missing both GME & covid stimulus

optimus_primal-rage

I asked my employer to pay me in bitcoin and they said they can't for tax purposes. Industrial robotics and controls programmer and more for hire. Also a hobby jewler willing to make artistic pieces for bitcoin... ... I have such a hard time making anyone pay me in bitcoin I just use it as savings for now. That and mstr shares and a bunch of GME. One day.

TroubleInMyMind

RH doesn't give a fuck if you day trade on cash settled. People who hate RH bought the top of GME and couldn't sell. Also hilarious that HOOD out performed most alts this year.

A_Birde

Its a stupid term GME people invented to be the victim, hes more just talking about another wallet that James uses that isn't public knowledge.

Teekay_four-two-one

He also has helped fuelled institutional buying of GME, which lends to the legitimacy of the asset in terms of its use by big money. I do think he/microstrategy will be the black swan of the next bear market, though. Prices will come down and one day they will eclipse his ability to hold BTC and I can see cascading losses if BTC doesn’t find huge support somewhere. Saylor is leveraging more than just the family farm on BTC, and it could be the greatest decision ever or it could end in disaster. We’ll see!

Parking_Locksmith_23

Actually if you look at the 5 year chart for GME it is out performing BTC by close to over 1000% BUT NO ONE WANTS YOU TO KNOW THIS

Mother-Chipmunk2778

Don’t think it’s the btc purchase but that they’re trying to copy MSTR and it just shows extreme weakness in their core business. And copying MSTR now is way too late in the game. Thats what investors didn’t like. Also GME dumps what else is new lol

Bigglesworth85

GME bought at $108k

StopTheVok

# Why does $HP exist? Note: **$HP** or **Heartfelt Points** are officially called "$PODCAST" on chain. In the distant future, everyone and everything will have their own currency - especially as universal currencies become less relevant in a post abundance post-AGI society. But let's not get ahead of ourselves... Today, $HP and other coins like it exist as a decentralized economic system. **Consider coins as the literal opposite of centralizing equity where only owners see value capture**. **Coins like $HP are a way for consumers to capture value through emergent socioeconomic forces that drive currency prices - not the cash flow or performance of an enterprise.** Think of it like "meme stocks." Stocks like GME go up not because of the business, but because the people want it to go up. **Coins like $HP are the same, but without equity.** With coins, the people decide how valuable a coin is - not the business. This is the quintessential beauty of "Internet Capital Markets." Beware any one who tries to convince you coins are like equity. They're not and they never should be. # A world without coins like $HP Note: **$HP** or **Heartfelt Points** are officially called "$PODCAST" on chain. **Wealth inequality continues grow because income-tax-evading instruments like equity ensure value accumulates in the hands the rich and the few.** Conventionalists will say this is how it should be, but consider the following: There are two types of believers in a hypothetical company called Apple. Some are rich, with lots of money, and they provide $100M in equity financing to Apple. In exchange, they now own trillions of dollars of wealth. Others are not as well off, but they, too, believe in Apple. Perhaps they believe even more in Apple than the rich did. They invested more than they should have for a laptop or iPad so their child could have a bright future. Since 1977, consumers - believers - have invested nearly $4 trillion in Apple. **What do the people, the masses, the poor believers have despite putting in 40,000x more money than the rich?** **They have nothing. Equity has never promised to be an equitable system and it never will be.**

kwijibokwijibo

1), 2) and 3) Investors didn't like it. For good reason. Because if they want to invest in BTC, they can do it elsewhere. Investors choose to invest in GME because they're supposed to be doing other stuff - not buy and hold Whatever they are cooking up in secret, this is what investors see, and they didn't like it Whether or not you agree with it, this is what the market decided

rotetiger

Again, I don't disagree with your comment. But 1. adding Bitcoin to the balance sheet can attract new investors 2. it can be an asset if inflation kills the dollar. 3. It might be an interesting investment opportunity. We don't really know what they develop at GME. They seem to be quite conservative in their announcements. So not sure if it's really a lack of idea, could also be that they wait for the right time.

veron1964

That’s a power play! Bullish on $GME!

kwijibokwijibo

GME generally performed fine when it first announced its whole NFT marketplace idea and collaboration with LRC, etc. Outright BTC purchases are worrying because there's no innovation - it shows a lack of ideas MSTR gets away with it because they chose to make it their main business. GME never planned to be a buy and hold BTC whale

kwijibokwijibo

You don't need to buy any BTC to enable this Buying BTC is just trying to copy MSTR. Investors are worried about GME becoming a cheap MSTR knockoff

MinimalistMindset35

I don’t like how Ryan discussed GME Bitcoin purchase. If you watch his interview from yesterday it’s clear he doesn’t understand Bitcoin. Also, GME raised over 1 billion and made a small purchase and didn’t disclose their cost basis. I’m not a fool, I will not buy any GME because they aren’t a Bitcoin Treasury company. That’s why the market dumped when they announced, real Bitcoiners saw through the bullshit

Nagemasu

most of those subs are bots. Look at the subscriber counts and active user counts, then look at how highly upvoted and commented on the posts are. mostly bots. Same as this thread, far more comments than it should have for a post with this many points. It's the GME subs piling in to pretend this is great news as if it fucking matters to anyone except them. BTC holders literally do not care if GME buys, but GME cares.

Nagemasu

> And a comparatively huge number of household investors directly registered their shares lol, y'all really think most of those haven't been sold huh. RC is a right wing muppet and has played all the GME holders the whole time. Most of the superstonk sub is bots and the people left are bagholders and delusional - this post alone has double the amount of comments:points ratio than it should for this sub, it's being brigaded. "please trust me bro, MOASS tomorrow. I know I said it yesterday, and last week, but this time trust me bro" The goal posts *literally* shift daily ffs, and have for *years*. No one gives a shit of GME buys BTC except for GME holders. The comments in here sounds exactly like the ones in the superstonk sub.