Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 11 months ago

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meme stocks: blaming short sellers for your scam (www.forbes.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 10 months ago* (last edited 10 months ago) (1 children)

For all the talk about "sticking it to Wall Street", it's quite likely that most of the biggest "winners" in the GameStop mess were Wall Street types. Either trading for their employers or trading in their personal accounts.

[–] [email protected] 4 points 10 months ago

IIRC, some people pointed out at the time that this particular trade was quite sophisticated - probably orchestrated by people who knew what they were doing and who understood that the hedge fund they wrecked had acted in a particularly dumb/risky way. I guess with this kind of information, another hedge fund could have pulled that off just as easily as the people from WSB on Reddit.