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27844839 No.27844839 [Reply] [Original]

is there a platform that lets you buy stocks for crypto?
i just found morpher, but the fact that there's no hedging really irks me. if a big player buys some stock that's very successful, he can single handedly crash every other users gains regardless of the performance of their stocks.

is there a site where the stocks you buy for crypto actually hedged, bought and sold on some real market?

>> No.27845474
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27845474

they claim that if their userbase is actually successful, they WILL create a hedge fund out of it, which would be perfect. if it worked like that i wouldn't be afraid of using it. but as it's standing right now, it seems extremely prone to manipulation. and i'm gonna guess that hedging anonymous people's funds on actual stockmarkets wouldn't go so smoothly by regulators.

>> No.27846011
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27846011

>>27844839
>Cap at 1 bil
>Less than 6 months old
>Sub 0.1
Am I actually early for once? What's the catch?

>> No.27846207

>>27846011
the catch seems to be that every airdrop token they distribute makes the 'stock' you've 'bought' on their platform lose value.

>> No.27846365

>>27846207
Also it's not available for US. Why the fuck is the US locked out of crypto so much?

>> No.27846427

>>27846365
this is the achilles heel of this bull run

>> No.27846595

>>27846365
that really doesn't matter. you can't register for airdrop, but you can 'buy' and 'sell' stocks anonymously. but the architecture is just wrong, like imagine if r/wallstreetbets worked like this (they're actully a community too). it ensures the userbase can never collectively win. you don't need to outperform the market, you need to outperform other users of the platform basically. entirely different mechanics.

>> No.27846708

>>27846427
I might just get a fucking VPN after all. I tried to be a nice goy but this won't do. Will TOR work?
>>27846595
>the architecture is just wrong
wrong how?

>> No.27846784

>>27846365
>>27846595
even if your bets lose to the market (e.g. go down in USD), as long as other morphers have lost more you're still at a win. the hedging mechanisms aren't at all like at actual markets.

>> No.27847014

>>27846708
>john comes in with large amount of funds
>buys some random commodity (maybe something the price of he can influence, maybe something he has insider knowledge about, it's all anonymous)
>sells at 100x
>everyone using the platform is irrevocably fucked, even if you have 10x gains you'll be at loss if you want to claim your gains in anything other than MPH

>> No.27847111

>>27847014
You mean because John's gains are paid out in MPH which lowers MPH's value?

>> No.27847374

>>27847111
> gains are paid out in MPH
MPH is specifically printed by the algorithm to pay out gains. it's more accurate to say those gains will be PRINTED out in MPH. which yes, lowers the value of everyone else's MPH.

>> No.27847486

>>27847374
But what about the cap?

>> No.27847589

>>27847486
what cap

>> No.27847739

>>27847589
Its max is 1,023,570,440, according to coinbase. What happens when they've printed all of it?

>> No.27847766

>>27847486
oh coinmarketcap claims it has a cap. nah it doesn't. stop using that shit and go for coingecko, cmc is binance owned now and is going down the market manipulation hole.

>> No.27847859

>>27847739
>according to coinbase
nah.

>> No.27848150

>>27847859
Yeh I meant coinmarketcap. coingecko has some of the worst UI though.