General Why aren't you dorks talking about gamestonk hilarity?

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ShatsBassoon

ShatsBassoon

Throwing bombs & banging moms
First 100
Jan 14, 2015
18,604
33,624
Splinty said:
Winklevoss twins are huge Bitcoin nerds. They are very tapped into this crowd and tone. They also have a long history of recognizing opportunities.

The market should have its own controls and policing mechanisms. It should not be up to the apps to create a conflicting market access experience.


I'm still shocked that robinhood allowed sells but not buys. Not freezing, but manipulating "to minimize your risk".
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Don't be naive. The market does have it's own controls, policing and mechanisms. Just not for you and me. Did we not learn that the field was slanted in 2008?
 
kneeblock

kneeblock

Drapetomaniac
Apr 18, 2015
12,433
22,932
I wasn't sure anything would bring a country together that just had a close election and series of contrasting protests in the midst of a devastating pandemic, but those God dang reddit retards have done it.

 
SoupCan

SoupCan

how bout dat
First 100
Jan 18, 2015
2,675
3,219
kneeblock said:
I wasn't sure anything would bring a country together that just had a close election and series of contrasting protests in the midst of a devastating pandemic, but those God dang reddit retards have done it.

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Its beautiful
 
K

kaladin stormblessed

Nala fanboy
Apr 24, 2017
17,676
20,066
just woke up to robinhood founder or ceo or something interviewed by Fredo, and explained why robinhood stopped buys, at least, temporarily

it's not a good look, but there's a valid reason

Hedgefunds aren't using robinhood to place their shorts. they have a direct line to the dealers

so robinhood was preaumablg on just one side of the trade: placing a large number of buy orders for its clients

robinhood has to post collateral to clearing houses such as DTC or whomever. and when you have all your action on one side of the bet, that means alotttt of collateral

so robinhood may not have had the funds available to offer more buys on the stock, atleast, in the short term
 
BeardOfKnowledge

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
61,789
56,981
kaladin stormblessed said:
just woke up to robinhood founder or ceo or something interviewed by Fredo, and explained why robinhood stopped buys, at least, temporarily

it's not a good look, but there's a valid reason

Hedgefunds aren't using robinhood to place their shorts. they have a direct line to the dealers

so robinhood was preaumablg on just one side of the trade: placing a large number of buy orders for its clients

robinhood has to post collateral to clearing houses such as DTC or whomever. and when you have all your action on one side of the bet, that means alotttt of collateral

so robinhood may not have had the funds available to offer more buys on the stock, atleast, in the short term
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That's such a load of bullshit, lol.
 
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