/biz/ - Business & Finance

I didn't buy. I held.

>>29622040
Listen Fucker. GME started out with a gamma squeeze then into a short squeeze. It happened. It's over. AMC was always an early position that expected the same outcome a month later. It's about to (potentially) gamma squeeze this Monday, so figure it out. What you got from GME, which already happened and ENDED, is now (potentially) about to happen with AMC. We were all given the blueprint with about 3 weeks advanced notice. The numbers may not be exact, but this is a fucking REPLAY situation. We'll know how it plays out because we just saw it. This is such easy predictable money! You wanna play with the gamestop aftermath of bag holders playing musical chairs and trying to respark meme magic, fine, have at it, hoss. But it doesnt have the fundamentals backing it like AMC does

sell for a loss? Im no faggot

Its like in the 90s when everyone was talking about virtual reality and ai and shit

Defi, Web 3.0, dApps, anything blockchain related that isnt a currency is either extremely immature (like defi and decentralised exchanges) or vaporware (web 3.0)

If you have any real faith in anything "defi" related theres no hope for you
cynically riding the pnds is fine, thats what most of us are here for, but it seems like some people actually believe in this shit
About the only thing distributed ledgers do better than their centralised counterparts atm is money

Now I was being hyperbolic when I said there are none, Ive seen two solid projects, and those are BTC and RSR: BTC as a store of wealth (~gold) and RSR as a means of exchange (~asset backed currency). ETH and LINK on their own are "legitimate" as platforms, but at the moment nothing thats built on top of them really makes sense.