Boiler Room: The Official Stock Market Discussion

Pyrexcup

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coinbase would be cool depending on what they come in at
yup they are basically the robinhood, webull,cashapp,trading121,etoro etc of crypto and will be here to stay casual crypto investors dont and cant use proper exchanges like binance
 

old pig

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yup they are basically the robinhood, webull,cashapp,trading121,etoro etc of crypto and will be here to stay casual crypto investors dont and cant use proper exchanges like binance

ya love em or hate em...they’re still essentially the gateway to crypto for US customers
 

Pyrexcup

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ya love em or hate em...they’re still essentially the gateway to crypto for US customers
100% and with what I have seen this week in crypto this is a totally different demographic getting involved with dogecoin popping up, with several big people endorsing btc this week the crypto going finally mainstream is around the corner. if crypto booms so should the coinbase stock.
 

RickyGQ

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It's insane they're talking about regulation only when they're the ones that start losing out.
Which is why this will 100% happen again. They’ll regulate it, then in 4 years they’ll deregulate it. Then in another 3 years another fund will get greedy and try to over-leverage themselves to short another company... and get bailed out again rinse and repeat. There’s never any real consequence to this game they play. THATS what wsb is fighting against.
 

ogc163

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What Robihood did probably wasn't as grimey as people would like to think. Too many cats loving the heroes vs villains angle. That silly Cuban tweet is an example.
 

old pig

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100% and with what I have seen this week in crypto this is a totally different demographic getting involved with dogecoin popping up, with several big people endorsing btc this week the crypto going finally mainstream is around the corner. if crypto booms so should the coinbase stock.

ya it’s 100% a no-brainer...the only question is will it hit the market at a reasonable price
 

old pig

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What Robihood did probably wasn't as grimey as people would like to think. Too many cats loving the heroes vs villains angle. That silly Cuban tweet is an example.


RH is the easiest target as many folks have been honest in saying especially with them billing themselves as advocates for the “little guy” but ya a lot of these exchanges were complicit in the fukkery on thursday
 

mson

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i have never used robinhood so can't comment only seen the complains but coinbase is notoriously bad for server crashing people have been complaining about crappy server for years and there has still been no improvement

They've both had their problems. Coinbase is about to ipo at around $200 a share real soon. Their marketshare is bigger than Robinhoods
 

winb83

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RH is the easiest target as many folks have been honest in saying especially with them billing themselves as advocates for the “little guy” but ya a lot of these exchanges were complicit in the fukkery on thursday
Robinhood was an advocate for the little guy. They had no choice but to do what they did given the situation they were in. Robinhood brought stock trading to the masses. People just don’t understand what went down. They’re like Trump supporters shouting the election was rigged. They’re letting their mind run wild and inventing reasons for why Robinhood did what they were essentially forced to do by the central clearing house.

100% collateral on all those trades when it was usually 3% and Robinhood was at ground zero of a retail revolt. What else was gonna happen?

I’m not faultless. In the moment I had my pitchfork but I put that shyt down and said let me understand what went down and when I did it’s clear Robinhood was manipulated into doing exactly what they did by powers higher than them to save the stock market from a total collapse. We’re talking a 2008 Lehman Brothers level collapse.
 

Kenny West

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Robinhood was an advocate for the little guy. They had no choice but to do what they did given the situation they were in. Robinhood brought stock trading to the masses. People just don’t understand what went down. They’re like Trump supporters shouting the election was rigged. They’re letting their mind run wild and inventing reasons for why Robinhood did what they were essentially forced to do by the central clearing house.

100% collateral on all those trades when it was usually 3% and Robinhood was at ground zero of a retail revolt. What else was gonna happen?

I’m not faultless. In the moment I had my pitchfork but I put that shyt down and said let me understand what went down and when I did it’s clear Robinhood was manipulated into doing exactly what they did by powers higher than them to save the stock market from a total collapse. We’re talking a 2008 Lehman Brothers level collapse.
tenor.gif


The source of their financial trouble is the short, then market manipulating to double down on making the short. This was a PROFIT motivated move. Just like the 2008 collapse. Stop framing it as of they're trying to save the market or some shyt, they got caught with their dikk in the door being greedy

The NOT a matter of too many normies are playing and the market cant handle it. Its a matter of the hedge funds overextending themselves to bet against them. Because it can absolutely handle when normies get gutted and played en masse.
 
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