I don’t get it.
Im not mad as im trying to capitalize off it and make some money but it’s absurd
The only reason crypto goes up is because people online talk about it. Or a coin is hyped online. The only way to make a coin go up is by telling other people to buy it.
I don’t get it.
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Results 1 to 15 of 15
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10-20-2021, 08:12 AM #1Registered User
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Stocks are based off companies performance - crypto is based off pump/dumps
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10-20-2021, 08:13 AM #2Hello, Based Department?
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urine idiot
NEVER TIPS CREW
PUREBLOOD
RYD'N WIT BIDEN
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10-20-2021, 08:16 AM #3Registered User
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No it’s not but okay. Crypto is the future
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10-20-2021, 08:18 AM #4High Value Poster
- Join Date: Mar 2015
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Stocks are worth as much as how much the Fed decides to dump into the markets - not value.
Bitcoin is a giant ponzi scheme. It has no intrinsic value, other than being an incel hobby.
The Big “Buy & Hype” Bitcoin Casino
https://wolfstreet.com/2021/02/28/th...itcoin-casino/"I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
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10-20-2021, 08:20 AM #5Registered User
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LMFAO OP your a truly a complete fuking retard. Lots of companies that have never made a profit in their existence on the stock market are worth hundreds of billions.
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10-20-2021, 08:20 AM #6Hello, Based Department?
- Join Date: Apr 2013
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this guy is gonna make it. srsOriginally Posted by AWSbruh
NEVER TIPS CREW
PUREBLOOD
RYD'N WIT BIDEN
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10-20-2021, 08:20 AM #7Registered User
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Man... some people here are dumb as hell.
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10-20-2021, 08:20 AM #8Registered User
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I’m saying the stocks go up and down based off company performance. Have a bad earnings call and people sell, do well they buy, etc.Originally Posted by OPGenesis
For crypto you just need influencers to manipulate the market
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10-20-2021, 08:20 AM #9Misc MD Crew
- Join Date: May 2011
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Just buy and hodl, apes together stronk.
GME to the moon."There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. "
Hippocrates
--♥♥--♥♥--TEAM MISC BIG C SUPPORT GROUP--♥♥--♥♥--
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10-20-2021, 08:26 AM #10Registered User
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Like watch this chit. Skip to 6:00 and watch this dude try and get Dave to buy crypto
He says it plain as day. Pump and dump. Get influencers to buy, artificially manipulate the market and everyone makes money
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10-20-2021, 09:33 AM #11Registered User
- Join Date: May 2010
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What is everyone’s take on that video? Skip to 6:00
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10-20-2021, 09:35 AM #12enlightened
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Stocks aren't based off performance anymore because as soon as retail trading hit, companies stopped giving af about paying dividends. Now everything is speculative and arbitrary. PE ratios are out the fukking door. Everyone is piling onto the same companies due to visibility.
Boycott foodservice industry crew
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10-20-2021, 09:42 AM #13Registered User
- Join Date: Sep 2008
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Stocks are based off how much people think the company is worth, that's it. BNGO was a meme stock for a bit, but when it was trading for below $4 a share, its market cap was literally less than the amount of cash the company had on hand, let alone any actual additional revenue, intellectual/physical properties, etc.
"The dildo of consequences rarely arrives lubed."
See OptimusTrajan' sig
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10-20-2021, 10:15 AM #14Forever aBOARD
- Join Date: Sep 2003
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Retail investors flooding the stock market changed things for stocks. There used to be a time when if you wanted to hold stocks you had to call a guy. Now its as simple as downloading an app and buying whats hyped.
Originally Posted by OPGenesis
Anyone who thinks BTC is a ponzi in 2021 is a moron.
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10-20-2021, 10:19 AM #15My pronouns are Bro/Brah
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cant trust Dave...dude ALWAYS takes more than one biteOriginally Posted by tunejunkie
China is asshoe !!!
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