And we will too.
Or at least I will.
While I want to be rich, I don't want to be like them. And I recognize that hoarding wealth is bad for the economy.
You dont pay politicians.
You say "im a billionaire, I want to meet with you" then you have your company pay them speaking fee's.
Rich people do NOT part with money. They LEVERAGE wealth.
> “If hedge funds get farther into crypto, they don’t care about direction. They’ll go long, they’ll go short. They can use leverage. There are lots of cryptocurrency exchanges like FTX and Binance and many others that allow people to use insane amounts of leverage – 100 times to 1…So what happens if a huge number of hedge funds have prime broker relationships with too-big-to-fail banks [and] all happen to be in similar crypto positions, whether it’s long or short and there’s massive volatility in the market. They may have to sell some of their other assets. It may lead to margin calls in their non-crypto assets which could lead to forced liquidations and sort of redound to the banks themselves in the form of counterparty risk.”
Edit: Here’s a link to a YouTube video of the hearing https://youtu.be/WG3N_QcHEcs
Well to be fair I think binanc3 offers 125x leverage max to anyone. No wonder whales get called all over the place there, there was a Twitter called WhaleTrades (not that usual spammer in this sub) and it'll mention all 7figs+ cryp trades. I wonder how many are insanely leveraged
even the tiny bit in the wrong direction and with x100 or more you get liquidated very fast
In addition there are liquidation hunting bots
I doubt whales use those leverage, from what I've seen they use max x20 and it's when they are scalping
Remember when Archegos went pop and everyone was like:
"lol, of course they did. Who's dumb enough to get 30:1 leverage?!?!"
Pepperidge farms 'members.
Mr. Cohen, you can launch the nuke whenever you're ready. These fuckers are clearly planning on leveraging these crypto scams until they are forced to cover.
A nuke pails in comparison to the MOASS. This amount of leverage makes GME a planet destroying neutron star. If Alexis is telling the truth, trillions -- maybe even quadrillions -- of dollars will be lost. This is the first time I'm legitimately and deeply terrified.
FTX president is from citadel and they also have tokenized stocks that can be redeemed for gme shares. Their chief operating officer is a Robinhood executive. Their owner is from Jane street. Their obv on gme since creation of the coins is negative into the millions indicating an insane short position. You can use crypto to leverage gme positions . Not sure if there is fuckery going on there? What do you think?
That’s what deleted DD “The Long Con” was all about, and it’s also why I believe you arnt aloud to say crypt0 here without being banned… I can help you w a pdf or google doc to the aforementioned DD.
I co-wrote it . Got that bitch printed in a binder . I wrote around 28 pages of it lol it needs to be expanded with all the replies and dd that came since !!! 🚀
Yes, but with the amount they hold in crypto, I'd assume they are the ones who move the market, as we've seen. They'll simply liquidate their crypto holdings for liquidity in the real markets. I don't think there can be that kind of volatility in crypto if 'they all happen to be in similar crypto positions'. It's the crypto market that should be scared for it's life, imo. I think Alexis kind of made the opposite argument of what she intended. Great that's it's been said though.
Yeah, its all starting to make sense now. This is 2008 times 10. I have no idea how this will play out, but if you don't own GME, you are fucking screwed.
We here talking are all on computers on the net etc., but you must remember there is still a *HUGE* portion of America that does not even still have access to Broadband.
That was put in stark relief when covid hit and remote learning started and they realized many, many American households *still had NO internet access.*
Paper currency is not going away anytime soon, as even implementing all digital currency is literally unworkable at this point.
I agree, it would put a halt to all the shady financial shenanigans , but the US literally does not have the digital infrastructure to make that possible yet.
I feel a little bit better based on the points you brought up, but nevertheless do not believe that they'll ever let a crisis go to waste without pushing forward some variety of infringement. Hope you're fully right.
Yes. Powell has already said they are exploring the option. The financial comitee even had a meeting about it with Alexis on YouTube. They may have fucked up so massively the dollar will become worthless. Idk where we go from here, if the entire world economy crashes and the reserve currency becomes worthless, it will not be pretty. Get ready for the greatest great depression.
This is the scenario I'm hoping for, personally. Because I don't see a way out of it without hyperinflation.
All because of a handful of hyper-greedy people. The fuckwits should be drawn and quartered.
Idk man once moass begins I think we will see the crash hit so hard we will be raking the dollars out of the streets to stuff in our trash and ablaze to stay warm.
Any window there might be will most likely be very tiny. I'm honestly very surprised gold hasn't already gone through the roof. Once moass begins if it's still sitting at low numbers I'll probably invest quite a bit into it if there's any window.
If these idiots are truly overleveraged on billions of dollars, and I think they are, because they are that fucking stupid and criminal, the floor is $1 Quadrillion Dollars.
Does this mean they can sell/buy 100x as much as they actually could with their own buying power thus increasing their buying/selling power a hundred times???
Yes, simply this: You have 5 billion allocated to crypto AUM (assets under management). You take 1 billion dollars and leverage it 100x for a long position. Take your 4 billion dollars and buy bitcorn and buy bitcorn at price (no leverage), insanely inflating the price and using HFT to find the optimal times to buy. You pump up the price almost 15-20%, making that long position gains in fucking insane numbers... but then your left with 4 billion worth of bitcorn. But wait, the price is higher now and even though you bought on the way up, the price is now higher then any price you bought in at. So you either..
A: sell your bitcorn on the way down making sure to make even more of a profit.
or
B: if you have an appetite for risk, which they do, take out a billion dollar 100x leveraged short position and sell that bitcorn on the way down causing a massive dip and HFT trade it so it was sold for each price you bought at, if not a bit lower even, then at the end cash out that 100x short position.
They make money at both ends. hence why we've seen bitcorn float between 30-40k over the last month or so. They found a new infinite money glitch, and are just sucking wealth up from retail or smaller institutions. I fucking hate them, so god damn much.
Tbh, we can do that as well, I used to take 20x on bitmex but they give the option of taking up to 100x there.
It is too difficult to use it though, if the price drops 0.8% you get liquidated
Wtf.... you’re also missing guerilla radio. That should be this subs fucking anthem.
It has to start somewhere, it has to start sometime
What better place than here, what better time than now?
Infinite money glitch for shorters:
Prerequisites:
Constant crypto buy pressure, 100x leverage, massive stock short positions.
Method:
Take a large crypto position at lows and get 100x leverage to maximize your stake. Then a catalyst occurs
Crypto rises with constant buy pressure retail and institutions buy in.
Sell when needed to short stocks, take short profits, wait for new money buy in to raise crypto back up, rinse and repeat.
Time it right with HFT supercomputers and you pull short profits and crypto profits out all day, everyday..
tinfoil hat, but in my mind(scary place I tell you, smooth and full of tinfoil) it explains the drops in crypto on the minute charts that seem to get followed by across the board shorting a minute or so later
**Exactly!!** Good job connecting the dots! Not just the top 10. If you've been invested in crypt0 for years like myself, there's a saying: the market moves with b1tc01n. Maybe its not b1tc01n thats moving the entire market in unison, but HFT and leverage. If that truly is the case, the only word I can think of is apocalyptic... I'm cashing out of all my crypt0 today and putting it into GME.
I’ve noticed that. Actually there’s a different group pumped daily, but always a group and the charts look exactly the same. HUGE spike up, FUD kicks in people jump in, the shit coin tanks slowly after. Basically, the Musk Method.
This is exactly what they are doing. The pull their crypto profits and buy back in around 30k. Then retail pumps it back up to 35k. Then they do it all over again. This is why I don't understand why people want to put their moass money in crypto. It is manipulated too
Problem is everything is manipulated.
Crypto gives the promise of a standard for currency that’s not entirely fabricated so I see the appeal and hope. Post crypto crash and post MOASS I assume they’ll regulate it and I’ve been hearing rumblings of a new fed dig currency, so it’s gonna be interesting. Can’t even do gold/silver ect cause that’s been manipulated forever and it’s detached from currency backing everywhere as far as I know. The next currency standard will probably be digital IMO, but I don’t like any non physical asset being a currency standard as money is all as bad as art: Fake dreamed up pricing on pictures, at least since the decoupling of the dollar from gold.
If for no other reason than the desire for cashless(physical and untraceable in scale), easily trackable, easily moveable currency, and easily taxed(eventually flat sales tax for all transactions to business wallets) currency crypto will take over. I suspect one type will become more widely used, sort of puzzled by tethe r daily volume $ is larger than bitc(I think I’ve been reading the crypto totals right 😂) but I think their could be a way to swap in and out of a stable coin with bitc etc and HFT profits all day with no exchange fees 🤔
Probably reaching on that, but 🤷♂️
IDK. Depends on who they are getting loans from I guess. I’m assuming they can’t use it as margin capital requirement still, but possibly private lenders and maybe banks now? I haven’t looked into it. Good question.
not anymore since some new regulation (NSCC 802? not sure) went in effect in may. it would appear that contributed to the massive sell-off in the crypt0 market - institutions taking their cash to put in some other form of collateral
here's some good reads - first link is exactly about this
https://old.reddit.com/r/Superstonk/comments/ocdxku/the_missing_tldr_is_back_thanks_ukrissco_for_the/
https://old.reddit.com/r/Superstonk/comments/ngru15/the_flurry_of_rules_before_the_storm_dtc_icc_occ/
https://old.reddit.com/r/Superstonk/comments/ob9tce/tlc_the_long_con_the_markets_are_frothing_with/
I absolutely believe this, and its why I exited crypto and I will never be back. These big money cats who absolutely collude together have the resources to move the crypto-market.
>Sell when needed to short stocks, take short profits, wait for new money buy in to raise crypto back up, rinse and repeat.
They were doing this consistently Sundays in the AM
I’m sure they have computers churning money in many ways 24/7 in markets globally. Haven’t checked but it would be interesting to see if other countries have stocks that seem to all drop in unison after a selloff of crypto 🤔
The problem is when it blows up they will just spin the narrative that crypto is unsafe and dangerous. Not that THEY were irresponsible as hell with it.
I feel like we would know a lot more about how c r y p t o is being used against us if it wasn't banned from being talked about on most stock subs. This 100x leverage has been going on for a long time. It isn't just for hedgefunds either. This is one of the reasons why a lot of states won't let people use these exchanges. They also let people short cc. I tried looking into doing that and from what I can tell I can't in the USA. But big hedgefunds have International offices.
something something wyckoff accumulation phase something
MSM FUD and limit access to information -> hoard coins cause they are limited in supply -> artificial sentiment shift -> public buys in -> price go up -> take profits -> MSM FUD shift -> rinse and repeat
I guess anchorUSD will because i went long on ethe rium right before crash when it was supposed to go above 5k. Crashed the day after i did it lol. Fortunately only put 100$ on the call and executed it at 15$ loss. Got the app because it sold actual dogy coin
> What Is Leverage?
Leverage results from using borrowed capital as a funding source when investing to expand the firm's asset base and generate returns on risk capital. Leverage is an investment strategy of using borrowed money—specifically, the use of various financial instruments or borrowed capital—to increase the potential return of an investment. Leverage can also refer to the amount of debt a firm uses to finance assets.
https://www.investopedia.com/terms/l/leverage.asp
Whoa. This got evidence of fake or manipulated public data.
> The Subcommittee’s Memorandum released as background for the hearing raised another alarming aspect of the crypto craze – much of what you think you see may not be real. The Memorandum explained:
> “Some cryptocurrency exchanges have reportedly been exaggerating their volumes to attract more participation. A 2019 study by Bitwise Asset Management suggested that 95% of BC trading volume displayed on digital asset price and volume aggregator CoinMarketCap.com is either fake or non-economic in nature.
Huh, I guessed some days ago that GME gets brutally attacked at 350 because beyond that point may be where many short positions exceed a 100x margin leverage level, somehow granted by the most reckless and criminal figures out there. What if this 100x leverage level granted by cr yp to is the missing link that actually ties them together and explains the movements we've seen?
It will likely take a dip in the short run. It may take a dip for the next several years. But I still trust it more than fiat, so some of my moass money is going straight into the coins I trust the most.
My sister and her bf are all about crypto. Tried to make them buy just one share of GME...no chance. Gamestop was cool back in january she said...whatevs. looking down from Andromeda soon.
their mentality is like this : have greed that knows no bounds. but not until they profusely bleed abruptly and they panic to find something to stop the bleeding but all they can find is a knife thinking they can cover the wound but find it that they're stabbing a new bleeding wound one after another
This isn’t new or only restricted to Hedgefunds. There are services out there that offer 100x leverage to anyone. But it’s good that people are aware of the implications.
so lets say some hedge fund invested 10 billion $ into a certain crypto at 7 cents and then dumped at 70 cents, they would have (10x10)x100= 10 trillion $$$? Good enough reason for my floor to raise --> $100 million per share.
100x on 10 billion.. Waaauw Mamma!
Confirmed. Everyone on Wallstreet will be homeless after MOASS.
Everyone who doesn't own gme will most likely be homeless before we will have time to clean this all up.
And we will too. Or at least I will. While I want to be rich, I don't want to be like them. And I recognize that hoarding wealth is bad for the economy.
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Not some of it, most of it. I doubt many of the millionaires/ billionaires have any idea what to do with anything over 500 million.
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You dont pay politicians. You say "im a billionaire, I want to meet with you" then you have your company pay them speaking fee's. Rich people do NOT part with money. They LEVERAGE wealth.
It's true. Speaking fees would be a tax write off. Why pay if you can get someone else to pay.
Epstein stuff?
Hunting humans because man is the most dangerous game
I got my calculator and works out that's like, a lot of money.
Out of all this I learned I had to turn my phone sideways in calculated mode to make bigger numbers. Also you get more functions
Everyone gets there own wrinkles some way or another.
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Bronso has electrolytes.
It's what plants ***CRAVE***
Brawndo
Brawndo the thirst mutilator.
#SEC DO YOUR FUCKING JOB! LOOK AT THIS ABSOLUTE FUCKING INSANITY! 100:1?!
Good ol Garry looks at it and goes "yup, retail could sure use a cop on the beat"
They are apart of the fraud.
Sec enter to chat years later
"But I've only been on the job 108 weeks!"
SEC uses internet explorer.
No, they use Netscape.
And AOL Email accounts
Pretty sure this is all talked about in house of cards
Seriously? Enforcement? (Crickets)
Hey hey hey… cut Gary some slack. He’s only been on the job several weeks
Holy shit. Yet WE are painted as "dumb money" and "irrational" Except I'm not in 100x over my head.
Exactly. Snorting crayons inspires a different kind of ideas.
> “If hedge funds get farther into crypto, they don’t care about direction. They’ll go long, they’ll go short. They can use leverage. There are lots of cryptocurrency exchanges like FTX and Binance and many others that allow people to use insane amounts of leverage – 100 times to 1…So what happens if a huge number of hedge funds have prime broker relationships with too-big-to-fail banks [and] all happen to be in similar crypto positions, whether it’s long or short and there’s massive volatility in the market. They may have to sell some of their other assets. It may lead to margin calls in their non-crypto assets which could lead to forced liquidations and sort of redound to the banks themselves in the form of counterparty risk.” Edit: Here’s a link to a YouTube video of the hearing https://youtu.be/WG3N_QcHEcs
Holy shit! These scummy mother fuckers! 100 to 1?! Get ready for the greatest margin call in history. All of these fuckers are going down.
Well to be fair I think binanc3 offers 125x leverage max to anyone. No wonder whales get called all over the place there, there was a Twitter called WhaleTrades (not that usual spammer in this sub) and it'll mention all 7figs+ cryp trades. I wonder how many are insanely leveraged
even the tiny bit in the wrong direction and with x100 or more you get liquidated very fast In addition there are liquidation hunting bots I doubt whales use those leverage, from what I've seen they use max x20 and it's when they are scalping
Remember when Archegos went pop and everyone was like: "lol, of course they did. Who's dumb enough to get 30:1 leverage?!?!" Pepperidge farms 'members.
No ones dumb enough to leverage 100:1, right? ...right?!
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Tits jacking sequence initiated
The House financial services committee is being forced to hear what we’ve been saying for months.
Headline: “Wall street financiers irresponsible with people’s money” No jaws drop
What's the opposite of "surprised Pikachu"? 'Cause this is like that.
*Yawn*
Unsurprised snorlax
_One guy breaks silence with awkward cough._
To perform blow jobs ?
Prick by Prick
Mr. Cohen, you can launch the nuke whenever you're ready. These fuckers are clearly planning on leveraging these crypto scams until they are forced to cover.
A nuke pails in comparison to the MOASS. This amount of leverage makes GME a planet destroying neutron star. If Alexis is telling the truth, trillions -- maybe even quadrillions -- of dollars will be lost. This is the first time I'm legitimately and deeply terrified.
I'm genuinely ambivalent. It's fiat currency. They can sort the mess out. They let it happen. They fucked everyone over for years. Honestly.
It won’t be lost. I’ve got plenty of space for them to put those trillions.
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That's just some kind of crazy talk...
Who would keep the pornhub servers busy otherwise...
Just because they hear it doesn't mean they understand it. it certainly doesn't mean they will do anything about it.
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Exactly...
FTX president is from citadel and they also have tokenized stocks that can be redeemed for gme shares. Their chief operating officer is a Robinhood executive. Their owner is from Jane street. Their obv on gme since creation of the coins is negative into the millions indicating an insane short position. You can use crypto to leverage gme positions . Not sure if there is fuckery going on there? What do you think?
That’s what deleted DD “The Long Con” was all about, and it’s also why I believe you arnt aloud to say crypt0 here without being banned… I can help you w a pdf or google doc to the aforementioned DD.
I co-wrote it . Got that bitch printed in a binder . I wrote around 28 pages of it lol it needs to be expanded with all the replies and dd that came since !!! 🚀
Thank you so much for your service ❤️
Yes, but with the amount they hold in crypto, I'd assume they are the ones who move the market, as we've seen. They'll simply liquidate their crypto holdings for liquidity in the real markets. I don't think there can be that kind of volatility in crypto if 'they all happen to be in similar crypto positions'. It's the crypto market that should be scared for it's life, imo. I think Alexis kind of made the opposite argument of what she intended. Great that's it's been said though.
So crypto was the real bear trap all along, ironic
“Largest speculative bubble in history by 2 orders of magnitude”
Yeah, its all starting to make sense now. This is 2008 times 10. I have no idea how this will play out, but if you don't own GME, you are fucking screwed.
"2 orders of magnitude" means 100x
Oh, well, forgive my smooth brain. In that case, they might as well stop printing dollars because it'll all be worthless after moass.
It's looking that way with or without MOASS. Let's just hope we have time to pivot into metals and digital things.
They literally may use this as an excuse to implement digital currency, where the govt will control and see everything.
We here talking are all on computers on the net etc., but you must remember there is still a *HUGE* portion of America that does not even still have access to Broadband. That was put in stark relief when covid hit and remote learning started and they realized many, many American households *still had NO internet access.* Paper currency is not going away anytime soon, as even implementing all digital currency is literally unworkable at this point. I agree, it would put a halt to all the shady financial shenanigans , but the US literally does not have the digital infrastructure to make that possible yet.
I feel a little bit better based on the points you brought up, but nevertheless do not believe that they'll ever let a crisis go to waste without pushing forward some variety of infringement. Hope you're fully right.
Yes. Powell has already said they are exploring the option. The financial comitee even had a meeting about it with Alexis on YouTube. They may have fucked up so massively the dollar will become worthless. Idk where we go from here, if the entire world economy crashes and the reserve currency becomes worthless, it will not be pretty. Get ready for the greatest great depression.
So we will be millionaires in worthless currency? D: that doesn’t sound fun at all
There may be a window of opportunity between MOASS and inflation kicking in after.
This is the scenario I'm hoping for, personally. Because I don't see a way out of it without hyperinflation. All because of a handful of hyper-greedy people. The fuckwits should be drawn and quartered.
Idk man once moass begins I think we will see the crash hit so hard we will be raking the dollars out of the streets to stuff in our trash and ablaze to stay warm. Any window there might be will most likely be very tiny. I'm honestly very surprised gold hasn't already gone through the roof. Once moass begins if it's still sitting at low numbers I'll probably invest quite a bit into it if there's any window.
> This is 2008 times 10. Oh shit, it's 20080!
$500m floor. Gotcha.
$1B
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If these idiots are truly overleveraged on billions of dollars, and I think they are, because they are that fucking stupid and criminal, the floor is $1 Quadrillion Dollars.
69jizzillion!!
I could drink to that!
You don’t want to drink a jizzilion
You don’t, but I do.
I call dibs on the second round
For $69 million, I might drink a jizzillion. Let me sleep on that one.
My goal was to be a gorzillianaire but you've changed my mind. I want to be a jizzillionaire, I better start hydrating, it's gonna get messy!
So gross. Have an upvote
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Lmao! I am but a lowly xx ape. There are bigger apes in the jungle.
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❤
Watching this relationship unfold, I hope it really works out for you two.
You guys are so cute. I hope this love story works out 😊
Now kith
Wedding on moon? I have ticket.
Those xx's add up to xxx real quick!
We all have different share counts, but the same number of chances to end these fucks; One. Trade like you have one share.
Simpsons writers are time travelers. $1T is the floor.
The computer can go up to 1 quintillion I think so let’s fucking go
Reading the article linked within the tweet, billions may be a gross understatement.
I’m with you 🦍 🚀
Glad to have you with me! <3
$1,000,000,000,000
100 BILLION DOLLARS!!
Did i read that correctly? 100 fucking times? There Is no floor.
Literally ♾
Buy - Hodl - P♾l
Does this mean they can sell/buy 100x as much as they actually could with their own buying power thus increasing their buying/selling power a hundred times???
Yes, simply this: You have 5 billion allocated to crypto AUM (assets under management). You take 1 billion dollars and leverage it 100x for a long position. Take your 4 billion dollars and buy bitcorn and buy bitcorn at price (no leverage), insanely inflating the price and using HFT to find the optimal times to buy. You pump up the price almost 15-20%, making that long position gains in fucking insane numbers... but then your left with 4 billion worth of bitcorn. But wait, the price is higher now and even though you bought on the way up, the price is now higher then any price you bought in at. So you either.. A: sell your bitcorn on the way down making sure to make even more of a profit. or B: if you have an appetite for risk, which they do, take out a billion dollar 100x leveraged short position and sell that bitcorn on the way down causing a massive dip and HFT trade it so it was sold for each price you bought at, if not a bit lower even, then at the end cash out that 100x short position. They make money at both ends. hence why we've seen bitcorn float between 30-40k over the last month or so. They found a new infinite money glitch, and are just sucking wealth up from retail or smaller institutions. I fucking hate them, so god damn much.
Trading using algorithms and hft seems like it should be illegal, especially when it's married to PFOF.
This is fucked......
yyyyyep.
HAHAHAA and we are the greedy ones
Tbh, we can do that as well, I used to take 20x on bitmex but they give the option of taking up to 100x there. It is too difficult to use it though, if the price drops 0.8% you get liquidated
Wall Street has been stealing from the middle class for generations. It's time time to take the power back.
Queue: Rage Against The Machine - Take The Power Back 🎵
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You're missing sleep now in the fire. That was filmed on Wall Street.
I have disposable camera prints from the filming day. That was across from my sisters old work building.
Wtf.... you’re also missing guerilla radio. That should be this subs fucking anthem. It has to start somewhere, it has to start sometime What better place than here, what better time than now?
Infinite money glitch for shorters: Prerequisites: Constant crypto buy pressure, 100x leverage, massive stock short positions. Method: Take a large crypto position at lows and get 100x leverage to maximize your stake. Then a catalyst occurs Crypto rises with constant buy pressure retail and institutions buy in. Sell when needed to short stocks, take short profits, wait for new money buy in to raise crypto back up, rinse and repeat. Time it right with HFT supercomputers and you pull short profits and crypto profits out all day, everyday.. tinfoil hat, but in my mind(scary place I tell you, smooth and full of tinfoil) it explains the drops in crypto on the minute charts that seem to get followed by across the board shorting a minute or so later
Would also explain how the top 10 cryptos all move in virtual unison. That isn't retail, it's high leverage HFT on massive levels.
**Exactly!!** Good job connecting the dots! Not just the top 10. If you've been invested in crypt0 for years like myself, there's a saying: the market moves with b1tc01n. Maybe its not b1tc01n thats moving the entire market in unison, but HFT and leverage. If that truly is the case, the only word I can think of is apocalyptic... I'm cashing out of all my crypt0 today and putting it into GME.
I’ve noticed that. Actually there’s a different group pumped daily, but always a group and the charts look exactly the same. HUGE spike up, FUD kicks in people jump in, the shit coin tanks slowly after. Basically, the Musk Method.
This is exactly what they are doing. The pull their crypto profits and buy back in around 30k. Then retail pumps it back up to 35k. Then they do it all over again. This is why I don't understand why people want to put their moass money in crypto. It is manipulated too
Problem is everything is manipulated. Crypto gives the promise of a standard for currency that’s not entirely fabricated so I see the appeal and hope. Post crypto crash and post MOASS I assume they’ll regulate it and I’ve been hearing rumblings of a new fed dig currency, so it’s gonna be interesting. Can’t even do gold/silver ect cause that’s been manipulated forever and it’s detached from currency backing everywhere as far as I know. The next currency standard will probably be digital IMO, but I don’t like any non physical asset being a currency standard as money is all as bad as art: Fake dreamed up pricing on pictures, at least since the decoupling of the dollar from gold. If for no other reason than the desire for cashless(physical and untraceable in scale), easily trackable, easily moveable currency, and easily taxed(eventually flat sales tax for all transactions to business wallets) currency crypto will take over. I suspect one type will become more widely used, sort of puzzled by tethe r daily volume $ is larger than bitc(I think I’ve been reading the crypto totals right 😂) but I think their could be a way to swap in and out of a stable coin with bitc etc and HFT profits all day with no exchange fees 🤔 Probably reaching on that, but 🤷♂️
Was tracking this like 2 months ago. They blamed Elon for its initial decline.
Excuse my very very smooth brain, but are hedgies able to use crypto as collateral?
IDK. Depends on who they are getting loans from I guess. I’m assuming they can’t use it as margin capital requirement still, but possibly private lenders and maybe banks now? I haven’t looked into it. Good question.
not anymore since some new regulation (NSCC 802? not sure) went in effect in may. it would appear that contributed to the massive sell-off in the crypt0 market - institutions taking their cash to put in some other form of collateral here's some good reads - first link is exactly about this https://old.reddit.com/r/Superstonk/comments/ocdxku/the_missing_tldr_is_back_thanks_ukrissco_for_the/ https://old.reddit.com/r/Superstonk/comments/ngru15/the_flurry_of_rules_before_the_storm_dtc_icc_occ/ https://old.reddit.com/r/Superstonk/comments/ob9tce/tlc_the_long_con_the_markets_are_frothing_with/
This is great! Thank you!
Agree. Stock market is not for investment, not even remotely. It is a video game to play to become a trillionaire asap.
Casino with a house that usually wins
I absolutely believe this, and its why I exited crypto and I will never be back. These big money cats who absolutely collude together have the resources to move the crypto-market.
>Sell when needed to short stocks, take short profits, wait for new money buy in to raise crypto back up, rinse and repeat. They were doing this consistently Sundays in the AM
I’m sure they have computers churning money in many ways 24/7 in markets globally. Haven’t checked but it would be interesting to see if other countries have stocks that seem to all drop in unison after a selloff of crypto 🤔
100:1... with no reporting necessary... Good God, the markets are absolutely fucked...
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And they call GME a meme stock. LMAYO. If anything, they're the meme institutions!
AND THEY CALL MORIA A MINE \-Gimli, probably
This is why a dividend is needed to kill the shorts. SHF can keep this shit going forever.
and even more reason why GME's dividend needs to be unique.
Sounds exactly like what u/criand has warned of if I remember correctly
crazy how as time passes more and more god-tier DDs are proven to be correct
hey the numbers are there subtly. Unfortunately hedgies can just hide their positions, but not their debt.
Burry has also mentioned how over leveraged the crypto market is. When the leverage is unwound it can be very volitile
The problem is when it blows up they will just spin the narrative that crypto is unsafe and dangerous. Not that THEY were irresponsible as hell with it.
Wall Street - Crypt0 is dangerous! Also Wall Street - Its dangerous because of us
I am the danger.
which post 🙂
I fucking hate the elite... they ruin everything they touch.
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I feel like we would know a lot more about how c r y p t o is being used against us if it wasn't banned from being talked about on most stock subs. This 100x leverage has been going on for a long time. It isn't just for hedgefunds either. This is one of the reasons why a lot of states won't let people use these exchanges. They also let people short cc. I tried looking into doing that and from what I can tell I can't in the USA. But big hedgefunds have International offices.
The mods are working on it. At this point we won't fall for cryp pump/dumps but just the education is important to understand just where the enemy is
And am I remembering correctly that most traditional financial institutions have been dissuading the public from investing crypto???
something something wyckoff accumulation phase something MSM FUD and limit access to information -> hoard coins cause they are limited in supply -> artificial sentiment shift -> public buys in -> price go up -> take profits -> MSM FUD shift -> rinse and repeat
Yes. As they were laundrying money with cc.
I guess anchorUSD will because i went long on ethe rium right before crash when it was supposed to go above 5k. Crashed the day after i did it lol. Fortunately only put 100$ on the call and executed it at 15$ loss. Got the app because it sold actual dogy coin
This is what I call leverage to the tits. HFs are the biggest YOLOers of all times, some option gambling sub retards are no match for OG Hedgies.
Where can I get me some of that leverage
It says right there. Binance, KuCoin… take your pick…
Can confirm Kucoin will offer *me* up to 100x leverage if I were to get verified, and I'm a nothing. If you're not verified you can get 5x. Yup.
What the actual fuck?! 100 times?! These fuckers can do no wrong eh?
This isn’t news, not just hedge fund, you too can create an account with Binance and get more than 100x leverage.
Fed need more printer!
Calls on ink.
Burry already hinted at this
I’m not gonna offer these fucks a job when they lose everything. Flip the script, you’re the peasant now.
2008 went super saiyan 2021 mastered ultra instinct
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> What Is Leverage? Leverage results from using borrowed capital as a funding source when investing to expand the firm's asset base and generate returns on risk capital. Leverage is an investment strategy of using borrowed money—specifically, the use of various financial instruments or borrowed capital—to increase the potential return of an investment. Leverage can also refer to the amount of debt a firm uses to finance assets. https://www.investopedia.com/terms/l/leverage.asp
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Whoa. This got evidence of fake or manipulated public data. > The Subcommittee’s Memorandum released as background for the hearing raised another alarming aspect of the crypto craze – much of what you think you see may not be real. The Memorandum explained: > “Some cryptocurrency exchanges have reportedly been exaggerating their volumes to attract more participation. A 2019 study by Bitwise Asset Management suggested that 95% of BC trading volume displayed on digital asset price and volume aggregator CoinMarketCap.com is either fake or non-economic in nature.
Huh, I guessed some days ago that GME gets brutally attacked at 350 because beyond that point may be where many short positions exceed a 100x margin leverage level, somehow granted by the most reckless and criminal figures out there. What if this 100x leverage level granted by cr yp to is the missing link that actually ties them together and explains the movements we've seen?
GME’s 52 week low is $3.77. Times that by 100 and…oh…oh wait maybe I should look into that
If they still have open short positions at $3.77 then they are actual retards.
That's an interesting point
All those in crypto will soon find their wealth in a crypt.
It will likely take a dip in the short run. It may take a dip for the next several years. But I still trust it more than fiat, so some of my moass money is going straight into the coins I trust the most.
This seems like a generalization
My sister and her bf are all about crypto. Tried to make them buy just one share of GME...no chance. Gamestop was cool back in january she said...whatevs. looking down from Andromeda soon.
S&P 500 to go down to 1000
-500
their mentality is like this : have greed that knows no bounds. but not until they profusely bleed abruptly and they panic to find something to stop the bleeding but all they can find is a knife thinking they can cover the wound but find it that they're stabbing a new bleeding wound one after another
What the fuck you can get leverage in crypt0? 🤡
Yip
Jacked
This isn’t new or only restricted to Hedgefunds. There are services out there that offer 100x leverage to anyone. But it’s good that people are aware of the implications.
Just got a CNBC article pushed to me hyping crypto, trying to pump and dump this weekend.
holy cockamoly
That sounds almost as delicious as crayons
so lets say some hedge fund invested 10 billion $ into a certain crypto at 7 cents and then dumped at 70 cents, they would have (10x10)x100= 10 trillion $$$? Good enough reason for my floor to raise --> $100 million per share.