/biz/ - Business & Finance

[Anonymous No.53242044]

I only just found out today that GME only did an 80x from bottom to top back in 2020/21. THAT'S what you guys and reddit got so excited about? A measly 80x? There are shitcoins on the BSC and ETH that did 1000xs every day in the same time period. Heck even big alts like cardano and fantom did well over 100x+ and you don't see those guys making a schizo general every day lol.

[Anonymous No.53242128]

>>53242044
>big alts like cardano and fantom did well over 100x+
Fantom did 2000x from covid bottom to 2021 top.

[Anonymous No.53242222]

>>53242128
well there you go
in fact ever single coin in the top 100 probably outperformed GME in that time period yet these schizos act like it is the greatest financial asset in history, it makes me kek.

[Anonymous No.53242260]

>>53242044
>only did an 80x
>$2 to $500 in 2020/21
I don't think you have a good enough grasp of maths to bother trading

[Anonymous No.53242275]

>>53242222
>these schizos act like it is the greatest financial asset in history, it makes me kek.
That's because they're convinced one share wil be worth a billion or something because of joke reddit took literally. Just morons.

[Anonymous No.53242322]

>1000xs every day

it's called liquidity, none of those shitcoins you could actually cash out 100x let alone 1000x

[Anonymous No.53242343]

>>53242260
it went from 0.90 in the covid low to a wick at 120 during the mania, so a 133x at the absolute best. This is really nothing to write home about, there were literally hundreds of assets that performed better from the covid low until the end of 2021.

[Anonymous No.53242353]

>>53242044
>THAT'S what you guys and reddit got so excited about?
No, the entire problem is that they didn't get excited about it. That's why they are still HODLing for 1 million dollars per share.

[Anonymous No.53242398]

>>53242044
That's not true. GME made 194x, if you sold the absolute top.

[Anonymous No.53242462]

>>53242322
Off the top of my head shiba inu, fantom, safemoon, dog with bat, bonfire, matic, hokk, saitama, mononoke, ultrasafe, saturna, million, kadena, cheddar, squid (post-rug), solana, even fucking luna before it went tits up all outperformed GME and had tens of millions of dollars of liquidity for long periods of time. Sure if you're a hedge fund manager dealing with 9 figs you're not gonna dip your toes in this, but you're not gonna dip your toes in GME either because the liquidity on that is realtively small too. For your average redditor crypto has more than enough liqudiity to cash out of.

[Anonymous No.53242482]

>>53242353
they got dumped at the top by the people who made 10-80x and now they are holding the bags like a demented cult (see every single shitcoin that did a 100x over the last few years)

[Anonymous No.53242489]

>>53242343
AH and PM don't show on whatever chart you're using. You understand how stock charts work right? The ATL low was 2.50, and its height was over 500 in PM in January.
>Assets that performed
No shit it's been on a gradual decline outide of that one month, it squeezed and did a 190ishx within a month

[Anonymous No.53242933]

>>53242482
>t. literal fucking single fold brain

[Anonymous No.53242963]

>>53242462
>had tens of millions of dollars of liquidity for long periods of time.

Only in your head.

[Anonymous No.53243019]

>>53242963
>what are liquidity pools

[Anonymous No.53243285]

>>53242044
>you guys
They’re literally all Reddit cuckcels. They post Reddit links all the time

[Anonymous No.53243333]

1) Difference is crypto is still a newer idea and not as adopted as regular stocks/institutions.

2) There is the concept of DRS. This puts GME in a very unique state that is quite LITERALLY unprecedented.

3) Strong evidence of literal fraud.

[Anonymous No.53243356]

>>53242222
Yeah, pretty much every shitcoin got 100x or more from the covid bottom to ath. There's really nothing special about GME. The funny thing is they shutdown the market multiple times when it was pumping like 20% or something lmao.