Reddit vs Wallstreet - GameStop, The Movie

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ColdFusion

ColdFusion

3 жыл бұрын

#wallstreetbets #reddit #rebellion #gamestop
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www.reuters.com/article/us-re...
www.cnbc.com/video/2021/01/27...
hbr.org/2020/01/why-stock-buy...
www.washingtonpost.com/busine...
www.cnbc.com/2021/02/02/treas...
www.businessinsider.com.au/st...
finance.yahoo.com/news/blackr...
www.investors.com/etfs-and-fu...
/ gme_yolo_update_down_a...
/ down_400k_i_will_hold
www.sun-sentinel.com/news/ny-...
www.sba.gov/advocacy/small-bu....
www.theguardian.com/technolog...
www.forbes.com/sites/siladity...
tech.hindustantimes.com/tech/...
www.theverge.com/2021/1/28/22...
tvCKpnz2bD...
tvCKrMDopJ...
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Пікірлер: 7 100
@StormXF3
@StormXF3 3 жыл бұрын
When hedge funds manipulate markets: "Yep totally fine" When BigChungus420, NoobMaster69, and PussySlayerXx manipulate the markets: "Wait that's illegal"
@jarabagoing8361
@jarabagoing8361 3 жыл бұрын
Yessss, that's is soooo true!!!
@O6i
@O6i 3 жыл бұрын
😂👌
@nintendude7cubed
@nintendude7cubed 3 жыл бұрын
Lmao I wish I was BigChungus420
@S4sent
@S4sent 3 жыл бұрын
😂😂😂😂😂😂
@justaadhdgamerwesley6244
@justaadhdgamerwesley6244 3 жыл бұрын
What about shitass?
@punkonater
@punkonater 3 жыл бұрын
Redditors buying stocks = "coordinated attacks" Hedge funds all betting on the failure of a company = "shorting"
@truther249
@truther249 3 жыл бұрын
I get what you're saying, but this is still going to go down in history, and the fact we still LOST is an even greater lesson of how, in the end, the little guys are always losing. It's greater evidence of a broken system. There's market manipulation on both sides, everyone knows that, but that's because the point of it is to make a bigger profit. And to make a bigger profit, you need to employ these shitty tactics that you know are shitty. Since the richest and most successful people will always tend to be the ones that find the best and most optimal way to exploit the broken system, do you think you have any chance if you try to make moral decisions that don't exploit people? Absolutely no chance. And the point of the game is to strive for the top, to always prioritize profit. The end always justifies the means, because this is how the system is supposed to work, in order to make a profit and survive in the rigged competition. It is still preferable that WSB are the ones exploiting the system rather than the Hedge funds people. The tactics are shitty, wrong, and they hurt people, but this is the case regardless of who does it. I have a bit of an accelerationist view on this because I think that if these things will keep happening, more and more people will be conscious of what exactly is happening and how this broken system primarily benefit those who created it and who have the capital to manipulate it the best. It is SAD, very SAD that we still lost, even after all of this, after we supposedly "won". It was orchestrated most likely. Personally, I think the original scandal really took them by surprise, when some people started making money (or rather... stealing money from the rich, classic Robinhood story), but when they analyzed it and looked into it further, they found a way out, they employed other, different but equally (morally) bad strategies to escape from the consequences of their own actions, the risk they took. The problem is systematic, I believe this is how capitalism is supposed to work, it is how it tends to work. If it wasn't systematic it could've been fixed before any of this ever happened, as I saw in the video, even Bill Clinton wanted to stop the thing he had created (or rather allowed to happen) yet he could not. Oh, and I also wanted to touch on the argument that "it hurts smaller investors" because that one is especially interesting to me. Just think about the one golden rule of investing, only invest what you are willing to lose. If this rule was to be respected, the small investors losing money wouldn't be a big deal because it would've been money they already decided they are willing to lose. To me, this reveals something very interesting. If you, as a small investor, knowing you have little power because you don't have the same capital as the other, bigger guys, rely on stock trading without following the golden rule, and you are upset because you lost money that you were not ready or expecting to lose, then according to the rules you just give up and go bankrupt if it's that bad, or you suffer the losses and deal with it. Those are the rules of competition, of this system. It further goes to show how absolutely broken it is. How it affected smaller investors MORE rather than greedy hedge funds. Does this mean people should just stop trying to tip the scales because they're afraid they'll hurt the smaller investors who willingly betted money, and cry when they lose it because the system is broken and if people coordinate attacks they can brute force it to do whatever they want? Guess what, people coordinate attacks anywhere on the spectrum, regardless if they're poor or rich. Only the rich can do it better since they have more betting power and capital, and they essentially control the system. Claiming that the actions of the people at the bottom affect the people in the middle rather than the people at the very top is meant to show you how broken the system itself is, not how bad the people at the bottom are for trying to do anything to affect the people at the top and failing because the way the system works, it's HARDER to affect those at the top than those in the middle. That is the whole point. No reason to cry about small investors getting the short end of the stick from this perspective. It's how this system is supposed to work, ESPECIALLY so that the rich can tell you this story and make you think that doing anything against the status quo, that's meant to help the people at the bottom, will hurt the people in the middle who just try to get by. It is still justified to be angry at the people at the top and topple this hierarchy, the people who stand in the middle being just a shield of the elite.
@justamanofculture12
@justamanofculture12 3 жыл бұрын
@@mazzaleen6091 i see you are a man of culture as well 😌
@crowd175
@crowd175 3 жыл бұрын
@@mazzaleen6091 Yea a big investor with good e-commerce knowledge mean nothing a good agreement with microsoft means nothing, news about the vaccines means nothing at all. check your math. Some little guy made million. Some not. That's how market works. But now not just the big dogs having the market in their hands. There are more variables get into the system. You think millioner investers aren't speaking? the wallstreet are just watching the news and graphs then playing loss or gain? You are stupider then you think if you believe that. Gain and Gain more short a stock with billions then make it bankruptcy. If maybe these stocks have a chance to go on. Making fake news, go to their investors and convince them to sell. All that good shady stuffs. Everything is privatised no real track about these bets. Billions borrowed and lended from the thin air without any cover. Right now the whole fking market are derivatives what's reach the point where the value isn't even real, just speculations without any coverage.
@ZipSnipe
@ZipSnipe 3 жыл бұрын
and thats the narrative the media will sell to the public to cover up the big boys crimes
@davidgill3356
@davidgill3356 3 жыл бұрын
All the hedge funds?
@cowl6867
@cowl6867 2 жыл бұрын
It still amazes me that a bunch of Strangers on the internet saved a company from bankruptcy to use as a middle finger to the bankers
@ChickenMcThiccken
@ChickenMcThiccken 2 жыл бұрын
make no mistake. reddit isn't a free speech platform. they will ban you faster than fb .
@comdrive3865
@comdrive3865 2 жыл бұрын
what should equally amaze you is how a bunch of strangers can commit equally astonishing atrocities together
@a.i.m.f8567
@a.i.m.f8567 2 жыл бұрын
@@comdrive3865 what ?
@comdrive3865
@comdrive3865 2 жыл бұрын
@@a.i.m.f8567 English?
@a.i.m.f8567
@a.i.m.f8567 2 жыл бұрын
@@comdrive3865 what is the connection between atrocities and video ?
@ACatHandler
@ACatHandler 2 жыл бұрын
stopping "social media chatter" is literally like them saying "how dare those poor people band together to challenge one of us!" completely sickening
@bernhardlangers778
@bernhardlangers778 Жыл бұрын
Exactly. When funds artificially alter, i.e. manipulate, the price of a stick it's just trading, but when other people punish their recklessness it is allegedly an "attack". Hypocrisy at its finest.
@twitter.comelomhycy
@twitter.comelomhycy Жыл бұрын
Yes
@makojuicedaniel9307
@makojuicedaniel9307 Жыл бұрын
This is why people need to care about censorship of all kinds, even on the people you cannot stand. Once you open the floodgate on what can and cant be said or shared only a handful of the elite become in charge of all speech including yours.
@PatriotResearchGal
@PatriotResearchGal 10 ай бұрын
Not to mention how do we know they are only limiting it to discussion of financial markets? You are allowed free speech. Or… at least we used to be. The difference is the World Wide Wiretap makes it easy for the masses to communicate - and be controlled.
@SeanLKearns
@SeanLKearns 3 жыл бұрын
Hedge funds render millions of Americans homeless: "that's capitalism" Reddit renders hedge funds obsolete: "this is madness"
@BaldMancTwat
@BaldMancTwat 3 жыл бұрын
Don't worry I'm sure plenty of Redditors went homeless because they invested too much into GME
@PirateCat822
@PirateCat822 3 жыл бұрын
@@BaldMancTwat funny you assume us redditors own a house.
@0daadaadaa0
@0daadaadaa0 3 жыл бұрын
Let's all backtrack to the events that led to 2008........ the GLOBAL economy tanked but nothing changed. This GME thing is a flash in the pan.
@MrAaronbill
@MrAaronbill 3 жыл бұрын
Beautiful
@SeanLKearns
@SeanLKearns 3 жыл бұрын
@@BaldMancTwat "all you care about is money, this town deserves a better class of criminal, and I'm gonna give it to them, everything burns"
@sirmiba
@sirmiba 3 жыл бұрын
"Hey White House, what's your thoughts on the GameStop thing?" "We have the first female treasury secretary :)" For fuck's sake.
@_vofy
@_vofy 3 жыл бұрын
My thoughts exactly. Answer the bloody question or at least say you're not going to.
@technicolordiode9891
@technicolordiode9891 3 жыл бұрын
They could focus on the stimulus instead
@S4sent
@S4sent 3 жыл бұрын
😂😂😂😂
@thepcenthusiastchannel2300
@thepcenthusiastchannel2300 3 жыл бұрын
She pulled a "Justin Trudeau"... no joke. Right from the Canadian Liberal Party's 101 tactics.
@BenDoverII
@BenDoverII 3 жыл бұрын
I said the same thing!!! Like WTF does that have to do with ANYTHING!!!
@jessecardenas6971
@jessecardenas6971 2 жыл бұрын
"The redditors are not heroes, nor are they villians, they are tired, and poor, and when they got the chance to stand up and give the rich what they gave to us, you can bet on my life that they would have took it"
@collincomer7243
@collincomer7243 2 жыл бұрын
and everybody else is being quiet and saying nothing and they are saying shit and being confrontational about it I think that makes them a fucking hero
@michaelenglish839
@michaelenglish839 2 жыл бұрын
I think people who can buy that much stock on a whim are not poor. Some of them WENT broke in the process of buying and holding onto GameStop stock. Also the expression is you can bet on your life, not you can bet on my life.
@cdreid9999
@cdreid9999 2 жыл бұрын
@@michaelenglish839 that much stock??? $100? 500? 1000? Being edgy isnt clever.
@ekki1993
@ekki1993 Жыл бұрын
Do remember that means they would want to be in the position of the rich and give what they do to you now. You might think it's pointless but these assholes had a minority of them who got rich off crypto and are now pulling insider trading, market manipulation and vaporwave that's worse than Wall Street. So yeah, it's important to learn the right lessons.
@cdreid9999
@cdreid9999 Жыл бұрын
@@ekki1993 i hang out in the same group with "these assholes" as you put it and a Lot of them still hold amc and gme. Diamond hands. Their real goal was to punish wall strewt and the hedgies and they shoved it up their ass to the point they sent their pet monkey..sec treasury janet yellen after them. And despite her conflict of interest (her family is on the board of citadel) she attempted to get a conflict waiver so she could go after them. What you are talking about is the opposite of true. Noone in that sub would have criticised them for cashing out. But they didnt
@jonathansaindon788
@jonathansaindon788 Жыл бұрын
“Instead of fighting the banks, people started to fight one another over their differences.” This aged like fine wine.
@vanesslifeygo
@vanesslifeygo Жыл бұрын
"Divide and conquer" eh.....
@makojuicedaniel9307
@makojuicedaniel9307 Жыл бұрын
And when no differences were found the rich pushed fabricated differences to keep us attacking each other.
@mikeexits
@mikeexits 5 ай бұрын
​@@vanesslifeygo Your comment gave me a sense of deja vu.
@StarsAndAngels
@StarsAndAngels 3 ай бұрын
Makes you wonder who really drove the divisiveness
@parksoo-kim6908
@parksoo-kim6908 3 жыл бұрын
Discord banning the wallstreetbets server citing "Hate speech" is an extremely disturbing precedent.
@Korkzorz
@Korkzorz 3 жыл бұрын
I can't help but wonder who's thumb was pressing down on them. Hate speech? Wtf..
@davidwells5888
@davidwells5888 3 жыл бұрын
they just got paid off
@SrFulanoTal
@SrFulanoTal 3 жыл бұрын
i honestly never understood why people would choose discord over telegram? I'd be perfectly happy going back to mIRC.
@davidwells5888
@davidwells5888 3 жыл бұрын
@@SrFulanoTal mirc lacked alot of features tbh no voice/no customizable channels would have to make a new channel for each "section" idk only plus side is you probably wouldn't get the random freezes u do on discord.
@gustasborusas6355
@gustasborusas6355 3 жыл бұрын
Just discord in general
@sudarshan3965
@sudarshan3965 3 жыл бұрын
1% of reddit: *crashes the stock market* 99% of reddit: *our victory*
@dennylukman1801
@dennylukman1801 3 жыл бұрын
*russia antem blaring *
@rainbowchaser7703
@rainbowchaser7703 3 жыл бұрын
69th like!
@sudarshan3965
@sudarshan3965 3 жыл бұрын
@@rainbowchaser7703 I love 69 but as a number
@rainbowchaser7703
@rainbowchaser7703 3 жыл бұрын
@@sudarshan3965 same!🤣
@iamjakepaul944
@iamjakepaul944 3 жыл бұрын
Facts
@1whospeaks
@1whospeaks Жыл бұрын
"The banks and financial players were supposed to regulate themselves" "The doctors and nurses were supposed to hire themselves" "The murderers and felons were supposed to arrest themselves" "The arsonists were supposed to put out their fires" You see how stupid it sounds? Giving rich people the key to money is not a good idea. It's like hiring a pitbull as a babysitter.
@MinAwY377
@MinAwY377 Жыл бұрын
Every analogy is better than the last 😭
@knightofsvea604
@knightofsvea604 11 ай бұрын
Someone have to say it. Dogs are not racially violent. If a dog bites to hurt, its broken in the head.
@LudwigVaanArthans
@LudwigVaanArthans 7 ай бұрын
​@@knightofsvea604that is soooo true, pitbulls are simply overrepresented in violent and/or deadly attacks on people because of socio-economic reasons not because of their breed being made for violence
@mirzaahmed6589
@mirzaahmed6589 Ай бұрын
I don't get the doctors and nurses analogy.
@astroNexx
@astroNexx 2 жыл бұрын
What that lady CEO proposed is absolute madness, based on two things: First, those who have large capital are able to manipulate markets in similar ways, and are able to easily collude with other big players behind closed doors to do so. Second, isn't it preventing free speech and free trade to ban groups who are trading togheter and sharing insight and plans???
@YouvBeenThumped
@YouvBeenThumped 2 жыл бұрын
Per the "Regulations" Hedge Funds aren't Regulated.... So they can manipulate stock by selling it to one another over and over till it brings the stock down. Which is insider trading for you, Me, And the neighbors dog. Funny right?
@PrashantSharma-ql4yb
@PrashantSharma-ql4yb 2 жыл бұрын
Dude, it's clear, it's very clear of how UNFAIR the whole system is, and how one-sided the whole game is. They are mad people (intoxicated of pure greed for money, ego, and bias). They all colluded againt a common man, I guess it should serve as a massive eye opener and more decentralized ways of financing needs to be established.
@PrashantSharma-ql4yb
@PrashantSharma-ql4yb 2 жыл бұрын
@@YouvBeenThumped because hedge funds are heavily invested in by poeple, who governments are in bed with. It's too obvious for those people to have each and every rule drawn out to ultimately work in only their favor.
@ancientbear3280
@ancientbear3280 2 жыл бұрын
She had no problem that the hedge funds were illegally doing naked shorts. Punish legal trades and ignore wall street crimes.
@WoWhistorian
@WoWhistorian 2 жыл бұрын
I'm not sure if I'm misunderstanding the second part or if you're misunderstanding the First Amendment, so in case it's the latter, just to be clear: Freedom of Speech only protects you from persecution by the government. Corporations and platforms like Discord and Facebook are well within their rights to ban anyone they want for any reason, it's their platform. Not defending their decision to do so, but it is perfectly legal.
@LuxioTheMan
@LuxioTheMan 3 жыл бұрын
This man creates a 30-minute documentary about something that happened last week and I can't even create a 5-minute presentation on World War 2
@DJSbros
@DJSbros 3 жыл бұрын
The financial incentive helps i'm sure.
@simplysimon1918
@simplysimon1918 3 жыл бұрын
This comment is so under rated where is everyone’s wits lolol
@southtexasprepper1837
@southtexasprepper1837 3 жыл бұрын
Christian Holman, The best advice that I could offer is preplanning the video that you want to create and you should have better luck. I wish you the best of luck in the future.
@dsg3053
@dsg3053 3 жыл бұрын
Just be confident, bro
@SimpleSetting
@SimpleSetting 3 жыл бұрын
I cant make a 1 minute presentation on ww2 lol
@sameerrizvi9652
@sameerrizvi9652 3 жыл бұрын
When you beat them it's called cheating When they beat you it's called business
@johnlopez6100
@johnlopez6100 3 жыл бұрын
Well put.
@justamanofculture12
@justamanofculture12 3 жыл бұрын
True 💯
@jesusmarywillsaveyou
@jesusmarywillsaveyou 3 жыл бұрын
touchè
@syazyukki8378
@syazyukki8378 3 жыл бұрын
but..thats what we call reality...and that reality we must change!
@Guitardudeftw
@Guitardudeftw 3 жыл бұрын
@@johnlopez6100 pun
@julianj9830
@julianj9830 2 жыл бұрын
When institutions rip off the poor: That’s life accept it. When institutions get ripped off: Hey that’s not fair!
@Outwardpd
@Outwardpd 2 жыл бұрын
The hilarity that people still buy into the hatred of regulation and social policy and cite the richest in the world as their reasoning when they don't realize we have the richest people specifically because in the USA the rich are the ones abusing 'socialism' for themselves.
@TehFoamy
@TehFoamy Жыл бұрын
Someone on Twitter: "I can't wait for Congress to pass the 'Actually, Only Wall Street is Allowed to Do What Reddit Just Did' Act" 21:30 And there it is
@dariuspalmer2829
@dariuspalmer2829 2 жыл бұрын
There is a reason why they don't teach about money in schools...
@kungpaoification
@kungpaoification 2 жыл бұрын
Underated comment right here.
@lukehayward8418
@lukehayward8418 2 жыл бұрын
If that's not a coincidence but preplanned, then we have been fucked since a while back.
@bog4240
@bog4240 2 жыл бұрын
@@lukehayward8418 Think about it, financial literacy is an UNFATHOMABLY IMPORTANT subject. You will use it, and it will determine your future, there is no way around it. Why would they opt out of teaching students something that has so much impact on your future well-being? They care about you understanding the periodic table but not about how to manage the money you own? 0% chance it's a coincidence. Good teachers know smart students without financial literacy will not live to their limits.
@Andmau2552
@Andmau2552 2 жыл бұрын
Holy shit... Yeah you are completely right. I thought on the surface that is about sucking up the average person, but also it would generate more coordinated attacks to the big companies and goverment
@Hihihihihihi147
@Hihihihihihi147 2 жыл бұрын
They do...or at least in my country they do. Then again I went to a school with major focus on economics
@PolicyThwonk
@PolicyThwonk 3 жыл бұрын
"I feel sorry for the hedge fund managers." said no one, ever.
@pritch3426
@pritch3426 3 жыл бұрын
I feel sorry for all the wallstreetbets n00bs that bought into the hype and are now down 90%. Classic Pump and Dump
@roscojenkins7451
@roscojenkins7451 3 жыл бұрын
@@pritch3426 not even a pump and dump as nobody in the WSB is selling. Its falling in price due to market manipulation
@0xjrr
@0xjrr 3 жыл бұрын
I mean if you were invested in a hedge fund, you might say that.
@calabiyau9269
@calabiyau9269 3 жыл бұрын
@@roscojenkins7451 sure thing dude. pretty sure some people realized they kind of need that money and saw the writing on the wall.
@AeroDepartment
@AeroDepartment 3 жыл бұрын
@@pritch3426 I feel sorry for you for not understanding what’s actually is going on
@NinjaDildoShow
@NinjaDildoShow 2 жыл бұрын
*I love how finally, for a single moment in history, the "little guy" found a way to win the game of Life, but the government and corporations who own it simply unplugged the console so that no one could play. Every one of them needs their asses kicked at the very least!*
@cindrblok7948
@cindrblok7948 Жыл бұрын
murder the rich? (not elon cuz hes helpin get to space)
@senorsnout4417
@senorsnout4417 Жыл бұрын
@@cindrblok7948 He's just as bad as the rest.
@cindrblok7948
@cindrblok7948 Жыл бұрын
@@senorsnout4417 at least hes getting us to space. which could solve a ton of problems mainly over population.
@DaeronMaxedOut
@DaeronMaxedOut Жыл бұрын
@@cindrblok7948 have you looked into Tesla policies? Tesla technology is good but Tesla is a horrible company.
@FearPhoenix
@FearPhoenix Жыл бұрын
@@cindrblok7948 heres a thought. Why not invest the resources first into repairing the Earth, then going into space?
@Nova6Inhaler
@Nova6Inhaler Жыл бұрын
I always wondered why they never taught us much about finance in grade school. They really look at us like livestock.
@kevinfleming5663
@kevinfleming5663 Жыл бұрын
They would also have to have a qualified person teach the class.
@Nova6Inhaler
@Nova6Inhaler Жыл бұрын
@@kevinfleming5663 Thank you, Kevin, for stating the ever so obvious.
@darkriversaben9163
@darkriversaben9163 Жыл бұрын
They do in high school. Just young people don't listen until they experience it. There literally a class about it. Young people are forcus on getting into college debt first before finding a job. School and parents need to teach people to not go to college first but as a afterthought. Trait school should be first. But no during the 2000s it see college and degrees are the key for money. We (Parents) doesn't tell them to save first then go higher on high job instead of living to pay check to pay check. Saving and investing is easy. It just people get sidetracked and forget to do it due to stress. It like we warn people about it.
@jamesnelson1456
@jamesnelson1456 Жыл бұрын
@@darkriversaben9163 I have to ask, what year or decade did you graduate high school?
@W97Jamie
@W97Jamie 10 ай бұрын
@@darkriversaben9163maybe your school had finance classes but my school never did 😂
@4piousmen
@4piousmen 3 жыл бұрын
RobinHood became Robbin' the Hood
@brandon-22
@brandon-22 3 жыл бұрын
they unfortunately robbed themselves too. Had to enter IPO and let investors cash out. Instead they got taken down and IPO is cancelled to no fault of their wrong doings
@ilovekitkat7857
@ilovekitkat7857 3 жыл бұрын
Robinhood --> RobinCrook
@hexadecimal5236
@hexadecimal5236 3 жыл бұрын
They revealed the disgusting Truth of Wallstreet that the little guy won't be allowed to win.
@zimmylolly2119
@zimmylolly2119 3 жыл бұрын
@@brandon-22 that’s what happens when a company has no integrity what so ever
@deepeshmalhotra4472
@deepeshmalhotra4472 3 жыл бұрын
Conclusion: Gotta create a network which can't be tracked, where we can discuss future tradings.
@AF-zu2py
@AF-zu2py 3 жыл бұрын
The scariest thing to me is that Discord and Facebook tried to silence them under the guise of “hate speech”...
@Yakoaxxi
@Yakoaxxi 3 жыл бұрын
WSB was always dog shit , stop blaming discord when you actually broke the tos
@AF-zu2py
@AF-zu2py 3 жыл бұрын
@@Yakoaxxi Fair point 👍
@JollyJuiice
@JollyJuiice 3 жыл бұрын
Situations like these is why I absolutely despise the concept of "hate speech." It's a term that everyone has specific examples of in their mind, but is ultimately an analogous term meant to be used as a weapon.
@Yakoaxxi
@Yakoaxxi 3 жыл бұрын
@@JollyJuiice WSB is known to use hate speech moron
@askquestionsplz
@askquestionsplz 3 жыл бұрын
@@Yakoaxxi its just words if you don't like them get out
@notKarb
@notKarb 2 жыл бұрын
This was the greatest thing to ever happen in my life time and I'm happy I got to see it all unfold. Power to the people.
@patriciaa4451
@patriciaa4451 2 жыл бұрын
This story was incredible to watch happen. It had an impact on me all the way in Nairobi, Kenya. The Gamestop saga made me interested in the stock market and I'm now actively participating in the Nairobi Stock Exchange.
@andyc9902
@andyc9902 Жыл бұрын
Good luck
@twitter.comelomhycy
@twitter.comelomhycy Жыл бұрын
Wow
@ultravioletgaia
@ultravioletgaia 9 ай бұрын
That's amazing...
@activatekruger446
@activatekruger446 3 жыл бұрын
“Power to the players” now has a whole new meaning.
@SeethingSimp
@SeethingSimp 3 жыл бұрын
I felt really powerful when getting $5 trade credit for a new release I bought last week
@randomgooy7456
@randomgooy7456 3 жыл бұрын
@@SeethingSimp L
@ParagonPKC
@ParagonPKC 3 жыл бұрын
The Netflix series by the same name will inevitably exist
@gebali
@gebali 3 жыл бұрын
"It was almost like a bug in a video game being exploited." More like "Maggots in the machine."
@LtZetarn
@LtZetarn 3 жыл бұрын
"What happened if Gamestop open their own broker apps for every ppl to buy-sell stock via them"?
@jimbeaux89
@jimbeaux89 3 жыл бұрын
The system is so broken, though. The rich keep getting richer while playing the system, and making sure the system can’t be played by anyone else.
@GariusMarius
@GariusMarius 3 жыл бұрын
The rich can afford to spend say $20,000 or $200,000 in risky investments, and the amount is just a small part of their assets (less than 2% and not afraid to lose it with the opportunity to profit.) This is compared to those "poorer" people that are too afraid to lose even $2,000 because that is likely 10-20% of their assets.
@JsJdv
@JsJdv 3 жыл бұрын
@@GariusMarius How poor do you have to be to have $20000 as 10% of your assets?
@ryanmalin
@ryanmalin 3 жыл бұрын
@@JsJdv about $20,000 less poor than me
@reveriepoint480
@reveriepoint480 3 жыл бұрын
@@JsJdv That's just humiliating others. stfu
@ahm6006
@ahm6006 3 жыл бұрын
This "system" is capitalism. Just remember that the next time you vote.
@OmarBReal
@OmarBReal Жыл бұрын
This directly helped me do my coursework at University. Also, I love that you placed all the sources in the description. Ima plagiarise the shit out of this so here's £2
@Lizardmium
@Lizardmium Ай бұрын
XDDDDDDDDDDDDD
@michaelenglish839
@michaelenglish839 2 жыл бұрын
I love how they consider our free speech "chatter" while protecting their right to create new self serving mathematical equations behind closed doors. A Good ol' Boys club if there ever was one.
@JPR3D
@JPR3D 3 жыл бұрын
..."the Banks were supposed to regulate themselves, but they didn't" *shocked pikachu face*
@Smullet90
@Smullet90 3 жыл бұрын
Don't worry, the Federal reserve, a semi-private organization ran by the banks has our best interest at heart.
@leighatkins22
@leighatkins22 3 жыл бұрын
@@Smullet90 PPPPFFFFFFFTTTT!!!!! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Good one...
@msbae
@msbae 3 жыл бұрын
"It's not about the money. It's about sending a message." - Heath Ledger's Joker
@scenesfromsomewhere2221
@scenesfromsomewhere2221 3 жыл бұрын
Follow the money to deliver the message “The rest, is silence.” Hamlet
@sanjay_swain
@sanjay_swain 3 жыл бұрын
Still it doesn't matter. Reddit lose at last. Do you really think billionaire care about all your hate and "messages"? If they can make money why they will care about any of you? As they say "the system is not broken, it is working exactly as intended". US government was made to exploit underprivileged from the very beginning even before industrialization. You want to change it? You have to start over completely. Public have almost zero voice in all these. US "democracy" is a shadow to cover everything wrong there.
@scenesfromsomewhere2221
@scenesfromsomewhere2221 3 жыл бұрын
@@sanjay_swain while you are not wrong in some of the things you say you are not paying close enough attention. They only care about money is a weakness not a strenghth. It is being exploited against them. They will need to revaluate their stance on greed to adopt or die. Wish you well though
@valeriam.b.5463
@valeriam.b.5463 2 жыл бұрын
It's about justice, it's about financial freedom
@arlequin241
@arlequin241 2 жыл бұрын
@@sanjay_swain buy Bitcoin
@moffettfpv5616
@moffettfpv5616 Жыл бұрын
This was one of the most exciting times of my adult life
@wiebeplatt4749
@wiebeplatt4749 Жыл бұрын
You aren't tested until a company you own and believe in is down 30-40-50% from its highs. You will question your conviction, your strategy, your process. The market has a way of finding your breaking point. Nothing tests your conviction like falling stock prices.
@Robertgriffinne
@Robertgriffinne Жыл бұрын
The key is knowing what you own and getting the best price possible. Falling prices give you the opportunity to lower your average cost. It’s a gift.
@Natalieneptune469
@Natalieneptune469 Жыл бұрын
The deeper the correction the greater the chances of new positions and hence clarifications.
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
These days the best way to come into the market space is with patience and seeking guidance when necessary. For instance, due to the nature of my job, I can’t handle my portfolio so I just copy the market picks of ''Nicole Ann Sabin'', an Advisor i saw on Bloomberg business news. It’s been smooth since then. I have saved myself all the hassle that chaotic market causes.
@marianparker7502
@marianparker7502 Жыл бұрын
@@PhilipMurray251 It'S not the first time someone had advised on this. I need guide in order to salvage what remains of my DOW stock wrecked by the massive dips. I'll appreciate if I get details with which I can reach Ms Nicole .
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
@@marianparker7502 Her details are well on her web page. she's with Wells Fargo Inc. Look up her name.
@midimusicforever
@midimusicforever 3 жыл бұрын
Hehe, you know the GameStop rush is a big deal when pretty much every youtube channel covers it, regardless if it's an economy channel, a documentary channel, a videogame channel, a hockey channel or an entertainment channel.
@crediblesalamander8056
@crediblesalamander8056 3 жыл бұрын
It's like among us, but with more stonks!
@andrewwright.
@andrewwright. 3 жыл бұрын
People looking for views for that cash
@breckr1121
@breckr1121 3 жыл бұрын
@@crediblesalamander8056 THE FUNNY GAME LOLOLOL😂😂😂😂😂😂😂😂😂😂
@Fourside__
@Fourside__ 3 жыл бұрын
True, and i havent clicked on one of them, stick to your guns. Clicked on this without hesitation tho!
@andrewgarcia3136
@andrewgarcia3136 3 жыл бұрын
They're desperate to be noticed by the KZbin algo
@28ebdh3udnav
@28ebdh3udnav 3 жыл бұрын
I read this comment previously: "I lost 350 but they lost billions and I'm fine with that."
@letsgetdoing
@letsgetdoing 3 жыл бұрын
Which is dumb because billions to "THEM" is like 200 to "us" which means "you" still lose.
@gacamole_pizza3228
@gacamole_pizza3228 3 жыл бұрын
@@letsgetdoing they still needed a bailout
@letsgetdoing
@letsgetdoing 3 жыл бұрын
@@gacamole_pizza3228 Yes but who's responsible for the bailout? The United States government. AKA the people all these billionaires have in their pocket. It's the reality of things.
@gacamole_pizza3228
@gacamole_pizza3228 3 жыл бұрын
@@letsgetdoing nope the bailout was from two other huge hedge fund citadel and point72
@ZAR556
@ZAR556 3 жыл бұрын
Nah,, they can ask for Bailout and Government definitely gonna comply with Tax money
@sushantbhargav4652
@sushantbhargav4652 2 жыл бұрын
"Reddit had an idea", now mere thought sends shivers to bankers 🤣🤣
@michaellouis5458
@michaellouis5458 Жыл бұрын
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it
@robertgary125
@robertgary125 Жыл бұрын
Grabbing multi-figures in cypto is possible with the right approach
@myapage6917
@myapage6917 Жыл бұрын
@Brady Without risk you can't be successful in life. Most millionaires you see today took risk to become who they are today
@damianschafer9132
@damianschafer9132 Жыл бұрын
I've been making passive income monthly from Btcoin for over a year. It's best you trade with the help of a professional broker because it save time and reduces the risk of losing funds in trading than doing it yourself as we all know how volatile the market is
@camielvanderveen3341
@camielvanderveen3341 Жыл бұрын
@lajiea1723 You speak with a lot of experience would like to know more about this Mr Umar basher and how I can reach him
@rio1914
@rio1914 Жыл бұрын
He trades, manage trading account and offers mentorship program for clients who wish to become professional investors
@CxDubxU
@CxDubxU 3 жыл бұрын
If they would let us buy the stock freely, the price would never have dropped. All these news people now saying "look it's going down now, retail doesn't know what they are doing". We can only buy 1 damn stock per person per day, but we can sell all we want. How is that not blatant manipulation?
@spenserthomas3635
@spenserthomas3635 3 жыл бұрын
Because you aren't rich enough to afford a high end well connected lawyer loser! Justice is only for the wealthy.
@helgraf6976
@helgraf6976 3 жыл бұрын
Yes it would have for ever hedge fund that went short one went long along with pension funds those cashed out they had most of the stock, WSB did not have enough stock nor money to do anything
@mazzaleen6091
@mazzaleen6091 3 жыл бұрын
Ill make it as simple and tldr as possible Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market. Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation. Argument: hedge fund shorters cause people to lose money Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds. Argument: GME is definitely not worth 3$ Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally. Argument: WSB doesnt have the resources to manipulate the market. Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term. Argument: shorting for 100% of a stock is making money off a company failing Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation. WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face. Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy again because it is fundamentally a bad company thus, making the evil shorters even more rich. Please tell me how its the little guy whos winning? Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric all of a sudden?
@jeffshackleford3152
@jeffshackleford3152 3 жыл бұрын
Not to mention the forced liquidation of exercisable options when the money was available in the accounts. Also the buying restrictions allowed for upward momentum to be stopped at a very critical point in the trade.
@electronresonator8882
@electronresonator8882 3 жыл бұрын
the whole business is established by billionaires who invest tons of money in it, and stock is about gambling, so why do you think billionaires will simply make rules in the business that able to make them lost all their money and not the other way around?
@DrBeauHightower
@DrBeauHightower 3 жыл бұрын
Tremendous work cold fusion
@DeepValueInvesting
@DeepValueInvesting 3 жыл бұрын
The short interest was at more than half the daily volume on GME; it’s still being shorted. And the shorted floated is way above 150%.
@Chaparty
@Chaparty 3 жыл бұрын
I've held off watching any other video explaining the Gamestop story. This is what I was waiting for!
@justamanofculture12
@justamanofculture12 3 жыл бұрын
Random verified youtuber must like.....
@justamanofculture12
@justamanofculture12 3 жыл бұрын
Cold fusion never disappoints. He's a man of culture as well 😌.
@DeepValueInvesting
@DeepValueInvesting 3 жыл бұрын
@@justamanofculture12 he kind of missed the point in most of it. Not the best summary
@Vincent-ri5cr
@Vincent-ri5cr Жыл бұрын
its crazy how much power these banks have
@gaborbenyei333
@gaborbenyei333 Жыл бұрын
Hey I got a good idea. Let's not determine the target stock (e.g. GameStop) long before, but rotate a pool of possible targets on like a minutely basis. NASDAQ staff will only see that there is "chatter" for a consensual large scale buy-rush, but cannot inhibit people from buying, because the potential target is only determined in the very minute everyone is waiting for. So all the people wait till the good moment, when they receive the instruction (on whatever trusted platform) to buy. Of course we don't want all the people to stare at screens all day, so this armed /"waiting for the moment" sessions will take place in a certain time window each week (syncronised to whatever common global timezone). And after some weeks of empty waiting, in one good moment, people will get the message to commit the act. Not easy, but doable :)
@anime6364
@anime6364 3 жыл бұрын
2008: "Too big to fail" 2020: "Too small to win"
@shaundanielsy5821
@shaundanielsy5821 3 жыл бұрын
can someone explain this to me? i dont get this... thanks in advance
@anime6364
@anime6364 3 жыл бұрын
@@shaundanielsy5821 In 2008, big companies were bailed out because they were too big to fail and hence people never cared. In 2020, everyone is said that retail traders are too small to win, but they've proved that when everyone come together, they can literally shake everything up.
@shaundanielsy5821
@shaundanielsy5821 3 жыл бұрын
@@anime6364 oh, so this is factual and not sarcasm, i see, thanks!
@nityanshsingh6002
@nityanshsingh6002 3 жыл бұрын
@@anime6364 I think too small to win... Means gamestop was too small to win. So these big firms shorted it
@kaisong5004
@kaisong5004 3 жыл бұрын
Do you really think most retail traders who bought in GME made a profit? Do you really think the miniscule money retail has was enough to face the hedge funds? Do you think there are more profit to be made when price drop from 70 to 20 or 500 to 60 for whose who are shorting the price? This is in fact a war between hedges, retails are ashes at the end.
@RbKarlosz
@RbKarlosz 3 жыл бұрын
It's almost poetic that the company's name where this started is GameStop..
@jerrychandler657
@jerrychandler657 3 жыл бұрын
And the app is RobinHood.
@Jeramithehuman
@Jeramithehuman 3 жыл бұрын
Reality is stranger than fiction
@scrutchplate2512
@scrutchplate2512 3 жыл бұрын
"Power to the players"
@ChupeTTe
@ChupeTTe 3 жыл бұрын
@@Jeramithehuman Thats true because reality is becoming a real life joker movie
@leighatkins22
@leighatkins22 3 жыл бұрын
👍😁
@mellowords
@mellowords 2 жыл бұрын
I love this channel. Dagogo is a legendary content creator, and if he were around 30 years earlier, he'd be an industry leader in television. This is what I need on YT, more paced, thoughtful engaging informational content, and less grabby, impulsive, polarizing shticky vids
@smithnelly5367
@smithnelly5367 2 жыл бұрын
Trade with an expert else you will lose all your capital and you will drop off the market The importance of professional mentorship of an expert should be the first step of trading.
@yahayaglory3468
@yahayaglory3468 2 жыл бұрын
Exactly! Investment is the quickest path to financial freedom, Starting early in stock and Crypto marketing is the best way of getting ahead to build wealth, and investing with Mr Fernando is legit and his method works like magic I keep on earning every single week with his new strategy
@debbiphilip7834
@debbiphilip7834 2 жыл бұрын
@@yahayaglory3468 Wow I'm just shock someone mentioned expert Mr Fernando i thought I'm the only one trading with him
@user-tb3zl8oh8e
@user-tb3zl8oh8e 2 жыл бұрын
@@debbiphilip7834 He help me recover what i lost trying to trade for myself
@maxwilliams3994
@maxwilliams3994 2 жыл бұрын
@@user-tb3zl8oh8e I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mr Fernando C. Arevalo Fx
@chukwuka1696
@chukwuka1696 2 жыл бұрын
@@maxwilliams3994 Am so grateful my heart knowing how hard I've struggled to become debt free, I never wanted to do this but I'll be guilty if I don't share this good news with you guys, Sir Fernando is the best trader ever. And he is well experienced and trustworthy, thanks for helping me and my family, we are forever grateful
@9arm.
@9arm. 3 жыл бұрын
I was here. 2021. Didnt buy $GME. DARN IT.
@skadday
@skadday 3 жыл бұрын
Made a quick 300$ and then lost it all on $BB xD
@mikedestazador5116
@mikedestazador5116 3 жыл бұрын
And I followed
@Kablash
@Kablash 3 жыл бұрын
Be glad you didn't, I would guess most retail investors lost money on GME. The ones who got in early made money, the ones who get in late lost big. The squeeze was never sqouze, Reddit didn't win :(
@AnonymousAnonymous-pp5of
@AnonymousAnonymous-pp5of 3 жыл бұрын
@@skadday I haven't lost hope with BB. Pretty sure they got some good stuff coming soon
@meow-ic6gz
@meow-ic6gz 3 жыл бұрын
buy bitcoin and national bonds instead 😉😉😉
@reidwallace4258
@reidwallace4258 3 жыл бұрын
Capitalists, "We deserve our massive profits because we take the risks!" Capitalists facing those risks, "Not fair nuh uh make it staaaaawp!"
@sunmarin6873
@sunmarin6873 3 жыл бұрын
There are honest capitalists
@sunmarin6873
@sunmarin6873 3 жыл бұрын
@Yves Chandler Castillo what
@bluenightfury4365
@bluenightfury4365 3 жыл бұрын
@Yves Chandler Castillo More like, are you a paid commentor?
@stopthehatemedialoveeachot442
@stopthehatemedialoveeachot442 3 жыл бұрын
You mean Globalists.
@betsbeautystudio
@betsbeautystudio 3 жыл бұрын
They are speculators ...
@loydriley9221
@loydriley9221 Жыл бұрын
When you invest, you're buying a day you don't have to work
@maxiecharles2842
@maxiecharles2842 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@kingbush9328
@kingbush9328 Жыл бұрын
You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@cassiejacobs4197
@cassiejacobs4197 Жыл бұрын
It's not ignorance but due to some unprofessional broker in the market
@mbalimaka6393
@mbalimaka6393 Жыл бұрын
Bitcoin is the most profitable investment online of only you trade with the help of a professional expert
@chrispaul3778
@chrispaul3778 Жыл бұрын
I'm from Spain i have been an investor in the crypto market for over 2 years now
@lindahumphries5002
@lindahumphries5002 Жыл бұрын
I’m going back through older videos. Fascinating, great information and easy to watch. Thanks.
@tetchuma
@tetchuma 3 жыл бұрын
NASDAQ CEO: “we need to stop the players”
@youtuberpov
@youtuberpov 3 жыл бұрын
It basically means only elites are allowed to play.
@GameFuMaster
@GameFuMaster 3 жыл бұрын
exactly, so no "colluding" on social media, but hedge funds get to continue to collude. That woman should be testifying before congress as well, and probably be jailed for attempted market manipulation.
@hafann
@hafann 3 жыл бұрын
This reminds me of Ready Player one all over again..
@shre6619
@shre6619 3 жыл бұрын
@@GameFuMaster yeah, if the hedge funds fail, they have a bailout ready
@MosesMatsepane
@MosesMatsepane 3 жыл бұрын
Hedge funds: Are we a joke to you? 😁😎
@SamG2
@SamG2 3 жыл бұрын
5:05 He didn’t get ejected just because he deleted moderators. He tried to monetize the subreddit and was engaged in shady activities.
@Shvabicu
@Shvabicu 3 жыл бұрын
He was a shill sellout. Mfer had it coming
@megrocks3026
@megrocks3026 3 жыл бұрын
How
@Shvabicu
@Shvabicu 3 жыл бұрын
@@megrocks3026 he wanted to sell bs trading courses
@sesetio338
@sesetio338 2 жыл бұрын
@@Shvabicu Yeah. He was corrupted!
@ekki1993
@ekki1993 Жыл бұрын
@@Shvabicu Comes to show how the whole stock market will reward corrupt grifters. The whole thing needs to be knocked a peg down for hedge funds instead of allowing the everyday grifter more opportunities to screw others for money.
@heyfrosty9429
@heyfrosty9429 Ай бұрын
“Sir, the peasants have learned to play our game” “QUICK CHANGE THE RULES!!!”
@adamisha8072
@adamisha8072 2 жыл бұрын
PLS 😔I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?.
@marvelpowell6510
@marvelpowell6510 2 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.
@marvelpowell6510
@marvelpowell6510 2 жыл бұрын
This thoughtfulness helped me a lot I'll advice you should stop trading on your own if you keep losing and start trading with Mrs Stephanie P. Hodges trading services..
@richardwilliams4288
@richardwilliams4288 2 жыл бұрын
@David Remirex You don't need to be shock because I'm also a huge beneficiary of expert Mrs Stephanie.
@marjoriegutkowskisr.64
@marjoriegutkowskisr.64 2 жыл бұрын
Here in Canada Expert Stephanie P. Hodges carries out the both orientation and mentorship potentials
@Leiva-rl1sy
@Leiva-rl1sy 2 жыл бұрын
Mrs Stephanie is indeed a forex mentor. With my first investment of $700 I got a ROI of $3500 in a week
@rrj449
@rrj449 3 жыл бұрын
"It's not about the money, it's about sending a message."
@raevemaeve4323
@raevemaeve4323 3 жыл бұрын
For most it was about the money, let's be real lol
@dudeiii2069
@dudeiii2069 3 жыл бұрын
@@raevemaeve4323 no
@Aaronfails
@Aaronfails 3 жыл бұрын
its about the money and all the idiots who didnt sell at the peak are gonna lose money and pretend they actually did something
@jacobsmallman5018
@jacobsmallman5018 3 жыл бұрын
@@raevemaeve4323 No
@456jkl1
@456jkl1 3 жыл бұрын
That is a pricey msg I could not afford
@sandpiperbf9767
@sandpiperbf9767 3 жыл бұрын
God, I can't believe the response to this is: "censor social media". Absolutely digusting.
@diablo2punk
@diablo2punk 3 жыл бұрын
Censorship has gone up beyond imagination since last year. Be prepared to get on alternatives when the government and their rich friends decide to go even further
@dragonman4842
@dragonman4842 3 жыл бұрын
It was going to come. They started with Trump. But they showed their hand. Supremely coordinated attack to get exactly what they want.
@sandpiperbf9767
@sandpiperbf9767 3 жыл бұрын
@@diablo2punk yeah, i'm glad decentralized platforms are getting big now and so censorship will work less well in the future
@pangeran92
@pangeran92 3 жыл бұрын
@@sandpiperbf9767 which platforms can you list it. Thanks.
@sandpiperbf9767
@sandpiperbf9767 3 жыл бұрын
@@pangeran92 mastodon. Uh... matrix, element for community chats. Twitter is building a decentralized platform. There's some crypto based blog sites like hive (fork of steemit)
@thatfunkyduck
@thatfunkyduck Жыл бұрын
It's amazing it took that long for a coordinated play on the markets via social media to happen
@sabdude6391
@sabdude6391 Жыл бұрын
Wall Street is like playing a game with a friend. When he is losing he cries and creates new rules.
@rnrtruestories
@rnrtruestories 3 жыл бұрын
great video! As someone who knows nothing about this it was informative.
@LuisSierra42
@LuisSierra42 3 жыл бұрын
All you have to know is that the rich will always get richer because the financial system is rigged in their favor
@gareonconley1956
@gareonconley1956 3 жыл бұрын
@@LuisSierra42 listen to him he is right. And yes the video was almost perfect just some little parts i would disagree as someone who is watching this rebellion for almost two years now
@rnrtruestories
@rnrtruestories 3 жыл бұрын
@@Jock-mj4zd thanks
@LSK2K
@LSK2K 3 жыл бұрын
@@LuisSierra42 Me am Luis Sera.
@michelleroxy21
@michelleroxy21 3 жыл бұрын
Same
@geranamooosenna7719
@geranamooosenna7719 3 жыл бұрын
“You got rich but I was always richer”. -Wall Street
@laffonte
@laffonte 2 жыл бұрын
"In the year two thousand... In the year two thousaaaaand..." XD
@chrisbowser
@chrisbowser 2 жыл бұрын
The answer is simple we need to ban derivatives. If I’m holding Apple shares in my pension, why should you be able to borrow them from my fund then bet against me.
@KyleWatters71
@KyleWatters71 3 жыл бұрын
Reporter “what do you think of the $GME ordeal?” Press sec: “we have women now”
@cleonaxiaq2912
@cleonaxiaq2912 3 жыл бұрын
All stupid feminists care about is having woman working or in politics while the government takes more taxes from them & they think he's defending them lol
@AlexMetslov
@AlexMetslov 3 жыл бұрын
Typical Psaki
@dragonman4842
@dragonman4842 3 жыл бұрын
That is the absolutely the dumbest shit I have ever heard in my life. This presidency is going to be a joke unparalleled. My god! At least Trump's last sec wasn't this useless.
@asperbergers7136
@asperbergers7136 3 жыл бұрын
@Mekehl Lane Makes sense seeing as the majority of americans are women...
@NGRevenant
@NGRevenant 3 жыл бұрын
that's exactly how they destroyed the occupy wall street movement, shifted focus to retarded identity politics to turn everyone against themselves. now businesses and institutions can get away with anything as long as they virtue signal to morons on twitter.
@ehoud1
@ehoud1 3 жыл бұрын
"The Big Squeeze" coming this summer to an AMC in a mall near you.
@Think_Inc
@Think_Inc 3 жыл бұрын
Not sure the pandemic will be over by then.
@KentoCommenT
@KentoCommenT 3 жыл бұрын
The Pandemic is still being shown in theatres? Why not something more interesting like Diamond Hands?
@OmahaGTP
@OmahaGTP 2 жыл бұрын
October 2021, GME still hanging tough at $180 give or take. Other "meme" stocks come and go, but GME is still very much valid.
@joelwillems4081
@joelwillems4081 2 жыл бұрын
Feb. 2022 and it is now at $100 and probably on it's way back down to $20 or $40. The company isn't worth that much and the story only became possible because one side over bet. Over betting on the other side was only going to work for so long before those others lost $. In the long term, stocks will settle at fair market values. Brick & mortar GameStop will go the route of Blockbuster video. It is inevitable.
@sesetio338
@sesetio338 2 жыл бұрын
@@joelwillems4081 nah they're going into the NFT market.
@dekopuma
@dekopuma 11 ай бұрын
June 2023 and they're at $25. Just for future reference.
@kylerules1311
@kylerules1311 Жыл бұрын
this one of my most favourite video ...thank you for creating such a beautiful documentary
@sersys1
@sersys1 3 жыл бұрын
This gives me flashbacks when anonymous took down scientology. Feels like old times already.
@IonVortexx
@IonVortexx 3 жыл бұрын
Anonymous are a useless group. They attack irrelevant things, and sometimes their attacks have collateral damage on the civilians themselves.
@killero00
@killero00 3 жыл бұрын
@@IonVortexx Sounds exactly like an internet troll.
@z3kyys
@z3kyys 3 жыл бұрын
@@killero00 thats why they want to be "Anonymus"
@showaker4755
@showaker4755 3 жыл бұрын
@@killero00 that's exactly what they are. they aren't even an organized group. i mean obviously there are some small "splinter groups" of it but for the most part anyone who took intro to coding in high school could decide they want to be part of "anonymous" and hack their neighbors pc to send dick pics to celebrities in the name of the "group"
@duncanfirth
@duncanfirth 3 жыл бұрын
Anonymous also took down visa and mastercard when they refused to process Julian Assange donations. Legends. Of course it didn't matter because of bitcoin. Freedom will find a way.
@NemRacing
@NemRacing 3 жыл бұрын
People need to realize it’s not a country without the people. If you stand together you literally have the power to change everything ~A concerned Canadian
@werwar27
@werwar27 3 жыл бұрын
of all the countries to revolt I can never see it happen in America. Its entire system is set up to prevent that, put people into groups that infight, create large amounts of uneducated people and inequality. Just dont see it happening, ever in our lifetimes. It'd be more likely to see a Chinese revolution or a N Korean one
@altrag
@altrag 3 жыл бұрын
Why do you think politicians (and the companies that buy them) are constantly trying to divide us? I mean they got to play a tight game - actual revolution is rarely good for the rich and powerful - but as long as they don't hit that point, they much rather us fight amongst ourselves than be watching what they're doing.
@kakyoindonut3213
@kakyoindonut3213 3 жыл бұрын
@@werwar27 oh so that's why I see a lot of karens in your country
@altrag
@altrag 3 жыл бұрын
@Dexter G. Uhh sure we do. I mean we don't often break out into violent mobs like we see in the US, but people around here are protesting things all the damned time. Do you think the Transmountain pipeline (and Energy East for that matter) has been stalled for so long purely to annoy Alberta? Hell no, its been stalled for so long because its been fighting injunctions and protests every step of the way. But nobody got shot over it so its not as media-friendly as the rallies and riots going on down south of us since Trump took office.
@BAIGAMING
@BAIGAMING 3 жыл бұрын
@@altrag Maybe they should protest university fees. Quebec gets like 1k tuiton, in Ontario we pay 10k-15k tuiton
@clorox597
@clorox597 7 ай бұрын
This is only an example of what the little people can do when they unite together. If we continue to flex our power together, we can regain control.
@Jaka.Ellinsworth
@Jaka.Ellinsworth 7 ай бұрын
Paul Dano must been raising his eyebrow when he read the script for "Dumb Money". This Reddit Battle is beating Hollywood with real life drama.
@renchesandsords
@renchesandsords 3 жыл бұрын
News: Are they heroes? Are they Villans? Hedge Funds: They are VIllans People: They're Heroes Redditors: _I'M BATMANN!_
@mechamicro
@mechamicro 3 жыл бұрын
Hedgefund does all the dirtiest trick to kill small companies. F hedgefund
@UltimateEntity
@UltimateEntity 3 жыл бұрын
@@mechamicro Fuck hedge funds
@leighatkins22
@leighatkins22 3 жыл бұрын
@@mechamicro Hedge funds are just another chip they play with in their private gambling casinos, or just another horse they bet on... Oh, but becoz they place their bets while dressed in suits it makes them BETTER than the average schmo down at the racetrack, so... And when they come out with empty pockets, those suits entitle them to bitch to the bookie that they lost... Waaaaaaaaahhhhhhhh...
@steveperreira5850
@steveperreira5850 3 жыл бұрын
Almost everyone is afraid to say what everyone knows well and clear, “there is a Well-established cabal of people who run financial matters throughout the western world.” They are so-called, “God’s chosen people.“ Until that corrupt cabal is broken up and real diversity enters the financial markets, the free enterprise system will continue to suffer Gangland style inefficiencies.
@henrik1743
@henrik1743 3 жыл бұрын
Roaringkitty is such a legend... open book, showed several hour long videos of his analysis and all the tools his using and his ideas for investing.. Even has freaking uno cards and a magic 8 ball he uses for investing. And he's ALWAYS super nice and humble, well deserved man.
@kingstonstreet3726
@kingstonstreet3726 2 жыл бұрын
What’s open book?
@J03130
@J03130 2 жыл бұрын
@@kingstonstreet3726 late reply but open books means he's just being really transparent and not hiding anything. 'he is like an open book'
@futuregohan4837
@futuregohan4837 2 жыл бұрын
RoaringKitty Has Also Went By DeepF'nValue Which Who I Associate Him With
@aremmer
@aremmer 2 жыл бұрын
Love your videos! great work on putting them together
@rusty1187
@rusty1187 2 жыл бұрын
As you watch this, think about your mortgage being bought and sold on wall street like a monopoly game title. Well done, ColdFusion.... I subbed!
@trancendental5373
@trancendental5373 3 жыл бұрын
"Banks were supposed to regulate themselves" 🙂🤭😄😆😂🤣🤣🤪🤣🤪🤣🤣
@watchandjewelryloft4713
@watchandjewelryloft4713 3 жыл бұрын
The thief was supposed to not steal. 😂😂😂😂.
@Jeramithehuman
@Jeramithehuman 3 жыл бұрын
Yeah exactly like police give each other speeding tickets. What a joke
@giosaia
@giosaia 3 жыл бұрын
it's like giving a kid a debit card connected to your savings account and thinking he/she will not spend all of it to purchase lives on candy crush 😂
@bobtoo9870
@bobtoo9870 3 жыл бұрын
expecting humans to self regulate is the silliest concept known to man. not even the most devout are pure enough to self police. we will however force regulate each other just fine :)
@johnaikman3368
@johnaikman3368 3 жыл бұрын
And now we now these evil Wall Street elites control the game 🤦‍♂️ kzbin.info/www/bejne/gpmqhnaVjLh7oKc
@boitahaki
@boitahaki 3 жыл бұрын
Discord be like: "This is HATE SPEECH!!!"
@navedhasan4632
@navedhasan4632 3 жыл бұрын
:pepesad:
@tybronx2446
@tybronx2446 3 жыл бұрын
They only pull out that card when it isn't actual hate speech, i hate it here
@helgraf6976
@helgraf6976 3 жыл бұрын
Well our original into was :If youre gay dont join you dont belong here" and other shit like that was in the original rules of the discords along with slurs so you see how they did have a foundation for that?
@actiontrooper2750
@actiontrooper2750 3 жыл бұрын
Most companies use the hate speech card when people say something they don't like. Same with politicians.
@DMack6464
@DMack6464 3 жыл бұрын
Discord's support staff, in my observed and actual experience, are generally held together with bubblegum and prayers. I've been on Discord since mid 2017
@BA-rh5hy
@BA-rh5hy 2 жыл бұрын
That marvel collage around the 15:45 mark is hysterical!
@troycarlson9313
@troycarlson9313 2 жыл бұрын
i fkn love this channel. Your voice is that soft goodnes that makes any topic interesting. Thanks!
@ChengTeoh
@ChengTeoh 3 жыл бұрын
The billboards are a thing of glory, especially the one that says "$GME go BRR" 🤣, but as much as I am enjoying this story I doubt that much will change. Did the Big Boys get beat by people who played their own game better than them, most definitely yes, but they'll lick their wounds and eventually find other ways to manipulate the market ( look at all the chaos they created during the housing crisis ... did anything happen to them? ). So where does that leave the little people? Sadly most will have lost money joining the cause to "stick it to the man" and they will still probably remain where they are while the rich continue to get richer. Just my silly thoughts. [ btw, Can't wait to see the Internet Historian's take on this whole situation ][ btw part 2 : Picked up a couple of the Gamestonk T-shirts as a memento and an early birthday gift for the fam, they are going to love it! ]
@dasbubba841
@dasbubba841 3 жыл бұрын
His take will be both insightful and hilarious.
@user-fn5xg7qt7u
@user-fn5xg7qt7u 3 жыл бұрын
So many retail investors are broke now
@DivideTimes
@DivideTimes 3 жыл бұрын
Just like video games get patched get banned
@dasbubba841
@dasbubba841 3 жыл бұрын
@@user-fn5xg7qt7u I doubt it. Most less than a grand. It wasn't about dumping tons of money into it, but tons of people dumping a little money into it.
@johnjefferislowclassesq.641
@johnjefferislowclassesq.641 3 жыл бұрын
@@user-fn5xg7qt7u i ain't scared. i'll fight evil till the death!
@RaderizDorret
@RaderizDorret 3 жыл бұрын
Note: the press secretary's brother works for one of the Hedge Funds getting hammered. EDIT: Her brother is a portfolio manager for Citadel, the company that bailed Melvin out.
@DaDARKPass
@DaDARKPass 2 жыл бұрын
Hammered? The hedge fund got out completely fine. Barely any damage was done and this event will just be remembered as a manipulative attempt by populists to profit off of other people who don't understand the stock market and hate rich people.
@saatvikagarwal6358
@saatvikagarwal6358 Жыл бұрын
Lmao
@user-rv2xw5yb1s
@user-rv2xw5yb1s 6 ай бұрын
9:50 "I think the Hegde funds are the dumb money" well said👏👏👏
@sebytro
@sebytro Жыл бұрын
"Our trust in the financial system is at an all-time low". This aged terribly well in only 2 years.
@nakibsayyed4999
@nakibsayyed4999 3 жыл бұрын
This is the most average people have ever been interested in the stock market.
@fadlya.rahman4113
@fadlya.rahman4113 3 жыл бұрын
I learned more about stock market in the last few weeks than I was the rest of my life.
@Autostoke
@Autostoke 3 жыл бұрын
And we will see a mass exodus when people loose faith (and lots of money) in a rigged market
@betrousaltaweel
@betrousaltaweel 3 жыл бұрын
yeah and they lost. As data compiled by numerous research firms and financial institutions shows that most retail investors lose money.
@Autostoke
@Autostoke 3 жыл бұрын
@@betrousaltaweel unfortunately it does, peasants against the feudal lords. History repeats itself.
@multiestonian
@multiestonian 3 жыл бұрын
It's actually sad and scary that the common person can't fight the big banks, even if they try. The big banks just make a couple of calls and make it illegal to do, what they have been doing to people for years. Still great to see what can happen when people stick together as one. Great video, Fusion!
@sandermez3856
@sandermez3856 Жыл бұрын
kzbin.info/www/bejne/bqK1i5aOfrR3hLc
@incremental_failure
@incremental_failure Жыл бұрын
Bad video, full of errors and terrible terminology. They didn't make "a couple of calls and make it illegal", it's to do with the margining system, it cannot handle margin buying of stocks on this scale when it moves 50-100% a day.
@bharatsadhnani4370
@bharatsadhnani4370 Жыл бұрын
But isn't usa a "free market" then why the control over prices. In places like singapore, hong kong it's understandable because the government says we are controlling the market accordingly. But usa is a free market the people decide not the government. This is why the US government are hypocrites.
@bangerxshane2962
@bangerxshane2962 Жыл бұрын
@@incremental_failure damn bro, guess I'll just die because this video gave me life threatening misinformation
@incremental_failure
@incremental_failure Жыл бұрын
@@bangerxshane2962 You had to write that pointless comment?
@KarthikSankaran
@KarthikSankaran Жыл бұрын
Cold Fusion's intro and outro pretty much remind me of Bill and Ted visiting a future society where their music has saved lives
@MMAZOO
@MMAZOO Жыл бұрын
Such a great video, love the calm, educated way you present the channel! You should have been my teacher I swear😂
@Drarjunmenon
@Drarjunmenon 3 жыл бұрын
*Who knew that STONKS meme would one day be displayed on the costliest advertisement billboard (Timesquare) on the planet?!* Well done, fellow Redditors. Salute.
@stella-vu8vh
@stella-vu8vh 3 жыл бұрын
does someone have a photo of this
@mrmanualways
@mrmanualways 3 жыл бұрын
Wasn't the time square.. not that big on.. somewhere there
@Vapor.Steve77
@Vapor.Steve77 3 жыл бұрын
King Leonidas: The world will know that free men stood against a tyrant, that few stood against many, and before this battle was over, even a god-king can bleed.
@user-tk2lf1dv3s
@user-tk2lf1dv3s 3 жыл бұрын
Lol
@MrSupernova111
@MrSupernova111 3 жыл бұрын
And he did bleed!! This is just the beginning!
@MattB90
@MattB90 3 жыл бұрын
lol so funny and epic
@macnosmutano4849
@macnosmutano4849 2 жыл бұрын
Well, the Spartans kept slaves so it's kinda rich for him to talk about tyranny.
@MrSupernova111
@MrSupernova111 2 жыл бұрын
@@macnosmutano4849 . True story. I guess we'r all hypocrites in the end.
@walhalladome5227
@walhalladome5227 2 жыл бұрын
Cold Fusion, thanks, your one of the very best content creators out there!
@askadvice
@askadvice 2 жыл бұрын
Thank you for the story & info. Love from 🇨🇦
@camuzonanzen7285
@camuzonanzen7285 3 жыл бұрын
I'm just feeling more and more like we are living in a movie
@_Dingu
@_Dingu 3 жыл бұрын
I wish it was a movie, then there would be some predictability of when it ends
@hindsight2022
@hindsight2022 3 жыл бұрын
Yeah a real shitty movie
@siceastwood2714
@siceastwood2714 3 жыл бұрын
Nah, everything in a movie has its purpose, we just reached new heights of randomness
@wasserbesser
@wasserbesser 3 жыл бұрын
it is a movie - gods complex nice movie - and you can see the Future using Remote Viewing (KZbin it?)! you'll love how it ends.. ;)
@MsEverAfterings
@MsEverAfterings 3 жыл бұрын
That’s because we are living in interesting times.
@starboysuniverse9956
@starboysuniverse9956 3 жыл бұрын
Imagine you being that guy who knew nothing about stocks but you bought some shares from game stock at $2.57 and now its $400 omg damnnnnnn
@tyronesalterego2199
@tyronesalterego2199 3 жыл бұрын
There was a 5th grader who's mom gave him 10 GME shares valued at $6 each. He sold them at either $150 or $300 per share (i don't remember which one).
@Trollolling
@Trollolling 3 жыл бұрын
how about the hedge funds that shorted the stock from $400 to $50? whilst other wall st players manipulating the market?
@starboysuniverse9956
@starboysuniverse9956 3 жыл бұрын
@@Trollolling ikr its like when they are wining the system is ok but when its them losing they say "NO NO this is not how it works these guys know nothing about investing, this system should be adjusted" mean while they have being doing this same shit for decades. They are also the same guys who caused the stock market to crash.
@brandon-22
@brandon-22 3 жыл бұрын
@@tyronesalterego2199 nice story but it's illegal for children to have access to these functions
@tyronesalterego2199
@tyronesalterego2199 3 жыл бұрын
@@brandon-22 www.marketwatch.com/story/texas-fifth-grader-cashes-in-the-gamestop-shares-his-mom-gave-him-for-kwanzaa-for-almost-3200-2021-01-28#:~:text=San%20Antonio%20fifth%2Dgrader%20Jaydyn,the%20San%20Antonio%20Express%2DNews.
@galaxypanda9478
@galaxypanda9478 7 ай бұрын
I love that line there 20:19 cause that’s honestly exactly how I felt😊
@kingstonstreet3726
@kingstonstreet3726 2 жыл бұрын
This is very informative I will be watching several more times to have a different point of view and learn more keep up the good works
@johnpaulapeh5305
@johnpaulapeh5305 3 жыл бұрын
So many KZbinrs covered this story, but no one did it like you Dagogo
@rickpickle
@rickpickle 3 жыл бұрын
i've thoroughly enjoyed louis rossman's coverage
@RexGalilae
@RexGalilae 3 жыл бұрын
14:40 Journalist: Asks a legitimate question Her: TrEaSuRy SeCrATaRy iS WaHMan!
@mohsimabdikarim7608
@mohsimabdikarim7608 3 жыл бұрын
Exactly, thats properly why they even hired her. Just to look good
@Bax365
@Bax365 3 жыл бұрын
Seriously like, who tf asked.
@lukeben1596
@lukeben1596 Жыл бұрын
Your businesses will make you rich but your investments will make you wealthy.
@lindapoplin7150
@lindapoplin7150 Жыл бұрын
Assets that can make rich Crypto Stock Real estate Gold
@danielmedina4953
@danielmedina4953 Жыл бұрын
When you invest in crypto you are buying days you don't need to work
@andreajueal8243
@andreajueal8243 Жыл бұрын
Now is the best time to purchase and invest in bitcoin, stop procastinating
@kingbush9328
@kingbush9328 Жыл бұрын
@@andreajueal8243 Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..
@djeechizzy9818
@djeechizzy9818 Жыл бұрын
I'm new to bitcoin trading, how can I go about it or is there anyone you can refer?? 🤔🤔🙏🙏
@teodelfuego
@teodelfuego Жыл бұрын
So, I’m confused: what eventually happened to GameStock, RobinHood, and the Reddit investors?
@brosef4154
@brosef4154 Жыл бұрын
GameStop got a big investor Ryan Cohen just before the January squeeze and he's been taking GameStop in a more digital direction for the last two years hiring former Google and Amazon execs. Robinhood had an embarrassing public launch where it lost a ton of valuation very quickly as they realized they totally destroyed their public image and user base. Wallstreetbets had a ton of drama because a bunch of moderators got kicked out and GME posts were banned, so they formed other subreddits about GME. On these subreddits, GME and SuperStonk, there was a huge push to move GME shares to direct ownership with Computershare because brokerages couldn't be trusted to actually have the shares. TD Ameritrade actually closed my account citing "no activity" even though I was buying exclusively through them for the whole year LOL (after I DRSed my shares to Computershare, of course) This video glosses over the backlash every GME buyer got during that time. GME stock spilt 7:1 so the share price is lower, but we all received 7x our shares. It's gone quiet now, but we're still here buying and holding and the shorts never covered.
@teodelfuego
@teodelfuego Жыл бұрын
@@brosef4154 wow, thanks very much for all the info and the update! 👍
@sep09yt4
@sep09yt4 Жыл бұрын
@@brosef4154 Was searching for this comment. Glad I found one. Shorts never closed. No cell no sell. GME to the moon.
@makojuicedaniel9307
@makojuicedaniel9307 Жыл бұрын
Robin hood seems to be alive and well enough to buy your favorite youtubers to shill for them.
@LateNightHalo
@LateNightHalo 3 жыл бұрын
4:07 “support in the form of stimulus checkS” Sobs in American
@SiamHossain7
@SiamHossain7 3 жыл бұрын
Hey hey hey don't be ungrateful! Those senators and congressmen and their lobbying buddies can't survive without their yachts, surely millions of families in the brink of homelessness and starvation in America can get by with 600 dollaroonies, but think of the billionaire, whatever shall they do without their 5th yacht!! They need the money more than we do 😊😊😊
@somersault1123
@somersault1123 3 жыл бұрын
Democrats: "We'll block stimulus if you vote for Trump again!" Americans: "Okay. Sorry, nanny." Democrats: "Haha. We still block stimulus. Idiot." Americans: :o
@andrewgarcia3136
@andrewgarcia3136 3 жыл бұрын
We got fucked
@tommyortega7796
@tommyortega7796 3 жыл бұрын
@@somersault1123 wasnt the republican dude that blocked the 2k stimulus? lmao
@OFF1c1alG3n
@OFF1c1alG3n 3 жыл бұрын
@@SiamHossain7 come to Albania... The last "stimulus check was a 150$ check... Last year...
@Nafuttoid
@Nafuttoid 3 жыл бұрын
2021 Robin hoods: *its not about the money, its about sending a message*
@mindle9155
@mindle9155 3 жыл бұрын
Why is your pfp a ryzen 3950
@Nafuttoid
@Nafuttoid 3 жыл бұрын
@@mindle9155 its my dream cpu
@stormweaver2535
@stormweaver2535 3 жыл бұрын
I think that is what joker said in the dark knight rises.
@SkiftyKitty
@SkiftyKitty 3 жыл бұрын
@@Nafuttoid I hope you'll get your very own Ryzen 3950 ^_^ ☆
@grossly820
@grossly820 3 жыл бұрын
@@Nafuttoid it should be 5950x tho
@louvega8414
@louvega8414 Жыл бұрын
Love your work, man! Nice synopsis.
@MattScottVisuals
@MattScottVisuals Жыл бұрын
Love your stuff mate, nice work. Ballsy with 17:35 Drive track...is it too quiet for YT to pickup?
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