So the ftx platform may go bankrupt. And individuals with funds tied up in that closed loop environment can either hold (a) crypto which may go to zero or (b) tokenized stocks which theoretically should still be backed by a 1:1 share after bankruptcy?
Anyone else notice that all this crazy shit, massive dips, not only happened after election day but.. right after Musk sold another 4 billy in robot car stock?
I hate to keep beating this drum but you will notice that every fall guy of this financial bear cheating cycle is under 50 years old and with a relatively minor institution.
Hey can someone help me with a question please? What happens when 100% of the free float is DRS'ed? I understand that It will prove that there's manipulation since if every share is locked up, it shouldnt be possible for millions of shares to be possessed in brokers? Therefore proving a giant crime is happening. But what will happen then? There is already blatant manipulation happening and every law enforcers are looking the others way. Sorry if this question seems stupid I'm really curious.
They were using tokenized GME on ftx to quietly siphon off the Moass. Prove me wrong. Cz and the Canada connection found out and pulled their money . GG.
I’m so lost over the events of the past 2 days. Binance shit talked FTX. Then they were supposed to buy FTX then they backed out. All of crypto is dumping (I really wish LRC wasn’t a part of this 😅😂). Stock market dumping and GME decoupled from the market towards the end (thanks to my purchase of 4 shares). Now all tokenized stocks on FTX is skyrocketing and no one knows why?
Critcal Margin Theory is on Point Like Accupuncture🎯 GME ran a >1 Negative Beta for months. It was all over the map in comparison to the remainder of the market. Today, and for some time lately, The Stonk moves in a proportionate now/now time signature. It's drops, move basically in unison (at a ~3x) rate to whatever the rest of the market (the collateral) does. They have no choice but to short it if the rest of the market sinks or they risk contrast exposure and consequent FOMO!! There's definitely a Hard Deck as well, because the Apes are DRSing their shares but the abusive short selling just trickles more synthetics into the market every day. Somehow however, Liquidity is Drying Up. There's No Question. It's Not Sustainable They Truely Havent Figured Out a Solution for this little 🟣DRS🟣 conundrum they've created. But it's "business as usual" because it buys them the moasst time⌛. My hypothesis is that private equity is being pulled(has been for months) from the market knowing what's coming. The only thing left will be inanimate Pension Funds, 401ks etc. (us Simps) left to foot the bill. They'll Drop the Bags on ZYX Financial. Next up; domino liquidations, eventually Interrupted Of Course by "Too Big To Fail", all at the taxpayer working class investor's expense. Algos have been Sideways since Computershare got involved. Tick Tock 💎🚀🙌. The more things change.. It's Been 571 days Gary..
must resi-st nfgghhhuhhFUUU-🤓 lol hi akschually a salad is considered any cold dish with a various assortment and not typically restricted to just veggies or greens hehe ✌️
Is teather starting to depeg. Same shit happened to it with Luna now its even worse. If you dabble in crypto Buckle Up your anuses because Solana is going to $0 tomorrow.
Not going to lie, I have seen an increasing amount of shittiness and ignorance in the sub lately. I mean, in addition to the normal levels of regard. Good thing I don't need this sub to buy and hold
Just bought some tickets for this mexican lotto called Melate which is offering 20 Million USD in 20 minutes. Here I solemnly swear to use 19 Million USD if I win to DRS as much as 19 Million USD can DRS.
DD always said we'd rise like a pheonix from the burnt ashes of the market. Still gotta wait for spy and voo to take a mega dump, they're not close to their bottom.
someone in the comment section said if i put my tinfoil in the microwave it would get shiny and hold its shape but it actually caught on fire wtf happened was my tinfoil magic
When they announced the FTX partnership, everyone in this thread was jumping for joy and saying how it is another significant step into adding value to the company’s NFT ecosystem. With the FTX implosion today, everyone is saying it’s a non-issue and barely worth a thought. It can’t be both, so which is it?
The most interesting development rn is not crypto prices or FTX collapse but GME’s current test in distributing NFTs to Power Up members. This going well is one GIANT LEAP towards distributing the NFT dividend. It should be considered a field test.
It genuinely is lottery or food stamps for a lot of us. I didn’t mean for these to be my options, I just wanted a modest profit to begin with, but here I am. Those are the two options. Either try to take this to zero and let GME buy the float for 100m which would royally fuck SHFs or watch it spiral out of control and transform financial markets forever which would also royally fuck SHFs. We can wait for years if needs be. We have waited our entire lives and this is our only hope. Can Citadel last years more? Oh and BTW we are continuing to hold, buy and DRS the longer this drags on. SHFs are truly the dumb storm troopers of the universe.
For me, I’m so deep green it would have to go back to 2020 prices for me to be red. And if that happens, I’m simply selling my ass to buy more. There really is no losing this for me. I’ll be destitute if GME reaches zero, but I’m willing to wait in a bread line for my conviction. I’ll ride it to delisting if I have to. But the fun part is that will never happen. So either this remains sideways forever and my investment holds value, or it goes up. Both are okay options for me.
The DRSBOT has twice daily update posts at 2am UTC & 2pm UTC, these update posts include a lot of detail but also the 'old' version of the "shares added" comment with the fuller table that includes the bot average.
Given that Jordan Holberg and Spike NFT, both senior people working in the GME NFT space, are joking about it on twitter, I’m guessing minimal impact. 4D chess Cohen might have even factored in this happening.
GAMESTOP YOU SAY?? Isn't 🎮Gamestop🛑 also sitting on like ~A BILLION USD CASH with virtually no debt and some $200MM Earmarked for Share Buy Backs? I heard their Chairman, Warren Icahn can also increase his position significantly should he a see another attractive price point. I'm pretty sure they have a small Army of Diamondfisted investors, who are 🟣Direct Registerring Shares🟣 in Their Names, pulling them from Cede and Sponging up any liqudity (or illusion thereof) that might exist in the stock. Apparantly, they may even be slowly launching an NFT Marketplace which one could argue would give them licit and rational reason to issue 🚀Dividends in the Form of NFTs🚀 to all their Sharehodlers. That could be a bit of a quandary🤔 for shorts. Is that the Gamestop you are referring to? Or am I thinking of another Gamestop?
Good Morning Everyone
Anyone else think it’s horseshit that the stocks subreddit restricts mentions of GME because it’s been labeled a “meme” stock?
Institutional Ownership increased by .75% from yesterday to 9.23% 🚀🚀🚀🚀🚀they buy the DIP
Justin Case says "If you have bloomberg access then
What’s going on, SWISS banks bought a shit ton of shares yesterday: Swiss national Bank 615K shares,Zuericher Kantonalbank 33K shares.
Hedge against Credit default Suisse swaps on GME?
WAGMI 🫂
Saw Trey Anastasio Band and Goose tonight. JFC...
So the ftx platform may go bankrupt. And individuals with funds tied up in that closed loop environment can either hold (a) crypto which may go to zero or (b) tokenized stocks which theoretically should still be backed by a 1:1 share after bankruptcy?
it's already bankrupt... it's got an $8bn hole as they were leveraging customer funds, printing FTT, and backing startups through Alameda
Yeah pretty much.
So... this FTX stuff is bullish, right? I've been feeling bullish, is why I ask
I'd say it is, because society benefits whenever fraud is exposed.
Wow! We really have some volume on the German market going on!!!!
Often high volume in Germany follows on from a high volume overall the day before.
Dropping trow in Germany....
Back up in Uranus with the resurrection
Why are people caring about gme tokenized stock?
Because it's trading in the 30s, but that has more to do with FTX than us, because GME apparently isn't the only one it's happening to.
Anyone else notice that all this crazy shit, massive dips, not only happened after election day but.. right after Musk sold another 4 billy in robot car stock?
🎶 There once was a stock that put to sea 🏴☠️
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Moass blessings to you and your family 🙏
I hate to keep beating this drum but you will notice that every fall guy of this financial bear cheating cycle is under 50 years old and with a relatively minor institution.
WHERE SHINY 🕵️♂️
Who would play kennifer in the movie ? Who plays RC? Who Plays you ? ✌️ 🚀 🎬
FU KING ELEPHANT MAN ✌👊✌
Mike Myers plays everyone, obviously
My only regret today is not buying more than 10 shares to DRS… I’ll scratch that itch tomorrow
Hey can someone help me with a question please? What happens when 100% of the free float is DRS'ed? I understand that It will prove that there's manipulation since if every share is locked up, it shouldnt be possible for millions of shares to be possessed in brokers? Therefore proving a giant crime is happening. But what will happen then? There is already blatant manipulation happening and every law enforcers are looking the others way. Sorry if this question seems stupid I'm really curious.
I presume nothing. A lot of shares not DRS’ed will be lent out still
"No one knows" - Queens of the Stone Age
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Yeah me too, although personally ('I like the stock') my cycle as a simple sooth ape runs as follows:
So any guesses as to what the Pro NFT is?
Something Astronaughty
They were using tokenized GME on ftx to quietly siphon off the Moass. Prove me wrong. Cz and the Canada connection found out and pulled their money . GG.
What's the Canada connection?
I’m so lost over the events of the past 2 days. Binance shit talked FTX. Then they were supposed to buy FTX then they backed out. All of crypto is dumping (I really wish LRC wasn’t a part of this 😅😂). Stock market dumping and GME decoupled from the market towards the end (thanks to my purchase of 4 shares). Now all tokenized stocks on FTX is skyrocketing and no one knows why?
B T C seems to have stabilized and is rising
https://news.cgtn.com/news/2022-11-09/Get-a-close-look-at-Uranus-on-Wednesday--1ePaltGWiyc/index.html
This FTX shit is weird as fuck
The GME shit is way weirder!
WAT HAPPEN?
🍻
I bought more GME idk what else to do I just press buy button ook ook
i honestly can’t tell what’s going on right now
Lol tokenized stocks way up…..thanks SBF
Napoleon: Tether wut doin?
Front row seats on the biggest coaster in the galaxy. I'm not wearing a shirt with a rocket sewn on it for nothing. Moon soon
HUZZAH!
So FTX’s token is worth a total of around $300mil. Does that mean the entire company could be bought for around that price?
haha nope, the sale was going to be for $1 to take over the $8bn in debt
Nope. Has no ownership entitlement to it.
Does sequioa still have a short position against gme?
As much as I’d like to believe GME will open at 30…. I’m ready to be rectally assaulted again!
Omg the con...... sub I'm laughing balls, just going to share this one gem, sorry no politics I suck
Critcal Margin Theory is on Point Like Accupuncture🎯 GME ran a >1 Negative Beta for months. It was all over the map in comparison to the remainder of the market. Today, and for some time lately, The Stonk moves in a proportionate now/now time signature. It's drops, move basically in unison (at a ~3x) rate to whatever the rest of the market (the collateral) does. They have no choice but to short it if the rest of the market sinks or they risk contrast exposure and consequent FOMO!! There's definitely a Hard Deck as well, because the Apes are DRSing their shares but the abusive short selling just trickles more synthetics into the market every day. Somehow however, Liquidity is Drying Up. There's No Question. It's Not Sustainable They Truely Havent Figured Out a Solution for this little 🟣DRS🟣 conundrum they've created. But it's "business as usual" because it buys them the moasst time⌛. My hypothesis is that private equity is being pulled(has been for months) from the market knowing what's coming. The only thing left will be inanimate Pension Funds, 401ks etc. (us Simps) left to foot the bill. They'll Drop the Bags on ZYX Financial. Next up; domino liquidations, eventually Interrupted Of Course by "Too Big To Fail", all at the taxpayer working class investor's expense. Algos have been Sideways since Computershare got involved. Tick Tock 💎🚀🙌. The more things change.. It's Been 571 days Gary..
Our net worths are about to go up by 69,420,741% buckler up
https://twitter.com/741trey/status/1590537156623101953
Does anyone know where I can find a long timeline view of the price?
It’s very simple, No cell, No sell What is so hard to understand
👆🇺🇸
Dip before the rip goodnight bb
DIPB4RIP, g'night bb
Snap back to reality
What percent of trades were short today? How spicy was it
70%, shit's crazy right now
Pretty crazy we get the FTX partnership and then they get sunk soon after. GME must be a problem 🤔
Ever notice how potato salad, fruit salad, egg salad, and chicken salad aren't really salads? The fuck is up with that
must resi-st nfgghhhuhhFUUU-🤓 lol hi akschually a salad is considered any cold dish with a various assortment and not typically restricted to just veggies or greens hehe ✌️
Ass salad
Is teather starting to depeg. Same shit happened to it with Luna now its even worse. If you dabble in crypto Buckle Up your anuses because Solana is going to $0 tomorrow.
Speaking of crypto, 640 qubits should be enough for anyone!
Well I guess I’ll just keep buying
So we form a partnership with a crypto exchange
The prophecy is coming true, the crypt0e market is the first to crash, then the stocks
Which due diligence is this? I don’t remember what role crypto could have. There are some due diligence i did not read.
I dunno if it matters but tokenized gme is at $33, +45%
To me this is spicccyyyy, we stay up til 2am to see the German market, we can get hyped for our partner showing a spike like this
I dont know what that is unfortunately. Sometimes it's overwhelming the amount of things that I am so ignorant about that are discussed on this sub
I fail to see the problem
When RC said work was sexy, was he including plumping?
One of the main 'seeing ass' jobs 😏
Does plumping have something to do with banging hefty gals.?
Open the god damn casino you yellow belly chicken shit cowards.
Hey that's that place where the crime happens !!
Shitting and scrolling this sub. My favorite pastime 🦍
Pastime
Not going to lie, I have seen an increasing amount of shittiness and ignorance in the sub lately. I mean, in addition to the normal levels of regard. Good thing I don't need this sub to buy and hold
Subs probably fine and people are just zen so the weird ones stick out more now - I check computershared more than the sub these days to be honest
There's a level even lower- where ppl think they need a comment section on YT video when Reddit goes down 🤣🤣🤣😅🤡📈📈🚀
There's value in the FTX licenses it has acquired.
Okay.
People who DRS know how to hodl
🚨GME tokenized stonk is doing green dildos rn 😳 👀🚨
Go on 💦🥒
Ready to go from kiss-ass to MOASS
gme tokenized just mooned?
That’s no moon…
Just bought some tickets for this mexican lotto called Melate which is offering 20 Million USD in 20 minutes. Here I solemnly swear to use 19 Million USD if I win to DRS as much as 19 Million USD can DRS.
Got nothing to lose, everything to gain.
My sides hurt from laughter after seeing that buy/sell ratio.
Vibes immaculate in here tn
We out here hoping for GameStop to drop more so we can lock this shit even faster. It’s a buy and wait game, and I got plenty of time and money.
How do you redeem the gods unchained code?
https://godsunchained.com/promotions/gamestop
https://godsunchained.com/promotions/gamestop
Is there not a link to re-direct you to the GU website? Think you have to be signed in there to claim - not sure which page tho 🤔
What's the deal with FTX showing up so much? How is this related to GME? been really zen lately do I haven't been keeping up...
It's the latest flavor of fud it's almost as delicious as this dip
It doesnt. FTX and GME entered a partnership very recently, but FTX just shit the bed and brought the entire crypto market down with it.
I'm going to assume RC is a gamer, but what games does he play... seems like a RollerCoaster Tycoon kinda guy
Pong
maybe even Farm Simulator
Sim city 2000
On vacation, we are supposed to go up not sideways. Don’t want to go back to work
FUDsters gonna FUD. I'm going back to sleep until I can buy again.
Short % out yet lol
SHF’s look like water balloons smashing against a brick wall
DD always said we'd rise like a pheonix from the burnt ashes of the market. Still gotta wait for spy and voo to take a mega dump, they're not close to their bottom.
We can go up while we wait, launchpad can start anywhere 🚀
92% buy/sell ratio on Fidelity today. Bullish.
100 by open. Goodnight.
F_c_ around a_d f_nd u
I sure could go for a Ryan Cohen tweet right about now 😃
I hope Warren Icahn doesn’t get suspended
I DRS in the morning
Just transferred the funds to buy and DRS another 50 shares. This dip is too tasty.
V.0.9.7
Has anyone ever taken a look at the GME/USD orderbook on FTX?
Orders for hundreds/thousands of tokens? And what is for $1. Never been on ftx don't know crypto well
Holy shit. If GameStop were to purchase FTX, that would give them a prebuilt crypto exchange for onboarding and off ramp.
Yup just gonna need about 8 billion dollars....
What if GameStop buys FTX and turns it into GameStop Exchange 👀
The media shitstorm would be so incredible to watch happen live
I'd rather loopring lol
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Nvrmnd. Apparently I got unjoined.
Payed on Friday, small bonus week after that, then payday again week after that...
Hope ya'll got your fill on today's dip. Initiated a transfer of more cash money to buy tomorrow so 100% chance we gap the fuck up before it settles.
Just buy direct from CS. No need to deposit funds manually
“Don’t get married to your investments”
Based
Binance dude starting statement with "we didn't mastermind this..."
Narrorator- They did in fact mastermind it
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I thought that was FUD?
Reminder that that point was hammered by the msm as a bad thing at earnings. Quiet now.
someone in the comment section said if i put my tinfoil in the microwave it would get shiny and hold its shape but it actually caught on fire wtf happened was my tinfoil magic
Try the macro wave next time
Ur microwave is ruined now as well
I’m gonna go ahead and say it. FTX was a bad partnership
Just because your username says facts doesn't make it true
They sold gift cards for them, right?
I'm gonna go ahead and say it. You are out of your element.
How many rats we gonna expose? ....fuck around drs and find out!🟣💎🖐🚀
I guess they want to see what happens the more they fuck around
When they announced the FTX partnership, everyone in this thread was jumping for joy and saying how it is another significant step into adding value to the company’s NFT ecosystem. With the FTX implosion today, everyone is saying it’s a non-issue and barely worth a thought. It can’t be both, so which is it?
Yes
Personal opinion. Football terms. I'm stoned.
Where my hedge fund interns at? Hope life is good for you buddy.
The most interesting development rn is not crypto prices or FTX collapse but GME’s current test in distributing NFTs to Power Up members. This going well is one GIANT LEAP towards distributing the NFT dividend. It should be considered a field test.
It genuinely is lottery or food stamps for a lot of us. I didn’t mean for these to be my options, I just wanted a modest profit to begin with, but here I am. Those are the two options. Either try to take this to zero and let GME buy the float for 100m which would royally fuck SHFs or watch it spiral out of control and transform financial markets forever which would also royally fuck SHFs. We can wait for years if needs be. We have waited our entire lives and this is our only hope. Can Citadel last years more? Oh and BTW we are continuing to hold, buy and DRS the longer this drags on. SHFs are truly the dumb storm troopers of the universe.
For me, I’m so deep green it would have to go back to 2020 prices for me to be red. And if that happens, I’m simply selling my ass to buy more. There really is no losing this for me. I’ll be destitute if GME reaches zero, but I’m willing to wait in a bread line for my conviction. I’ll ride it to delisting if I have to. But the fun part is that will never happen. So either this remains sideways forever and my investment holds value, or it goes up. Both are okay options for me.
I bought 62 lifetime supplies of money today.
Question - the DRS bot used to show the average number of shares. Am I smooth as a marble and don’t see it or is it removed?
The DRSBOT has twice daily update posts at 2am UTC & 2pm UTC, these update posts include a lot of detail but also the 'old' version of the "shares added" comment with the fuller table that includes the bot average.
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It’s not a major partnership. Now if Loopring or IMX had some big scandal, that’d be different I suppose.
It looks like FTX was a bad partner.. they fucked over a lot of people is what I’m gathering
Given that Jordan Holberg and Spike NFT, both senior people working in the GME NFT space, are joking about it on twitter, I’m guessing minimal impact. 4D chess Cohen might have even factored in this happening.
Not really
damn bro the girl at kfc look like the cash me outside girl
You shoot your shot??
how bout dat
How’d it go?
Get them tendies bro 💪
Crypto going up and down 4% several times today and yesterday and I feel nothing. Hodl is just natural
Isn't it funny how gme was supposed to go to 0 by now and it's still at $80+ pre split?
Back to 20 fast, we understand short interest better than you
🚀🚀🚀🚀🚀
Fiat currency—the ultimate “trust me bro.”
Kenny’s silly algo actually really enhanced the jackedness of my tits today.
GAMESTOP YOU SAY?? Isn't 🎮Gamestop🛑 also sitting on like ~A BILLION USD CASH with virtually no debt and some $200MM Earmarked for Share Buy Backs? I heard their Chairman, Warren Icahn can also increase his position significantly should he a see another attractive price point. I'm pretty sure they have a small Army of Diamondfisted investors, who are 🟣Direct Registerring Shares🟣 in Their Names, pulling them from Cede and Sponging up any liqudity (or illusion thereof) that might exist in the stock. Apparantly, they may even be slowly launching an NFT Marketplace which one could argue would give them licit and rational reason to issue 🚀Dividends in the Form of NFTs🚀 to all their Sharehodlers. That could be a bit of a quandary🤔 for shorts. Is that the Gamestop you are referring to? Or am I thinking of another Gamestop?
But do they even have Battletoads?
An ape helped me set up my GameStop wallet yesterday to play God's Unchained and I'm hooked already. I'm stoked for the future of gaming.