LogFAQs > #950059849

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Topic	Politics Containment Topic 362: Now With Diet Coke Button
HeroDelTiempo17 01/29/21 3:18:00 PM #459:	DoomTheGyarados posted... If you think wsb is market manipulation... How is it not? The act of playing the market causes the market to react. This is literally manipulating the markets. It's not as insidious as what Wall Street gets up to behind closed doors but the mechanism of action is identical. WSB has just crowdfunded the money and done it out in the open. Sure, it's better in the sense that it's easier to root for internet memelords than the big hedge funds, but it's still just an inherent structural problem. --- I definitely did not forget to put the 2020 GOTD Guru winner, azuarc in my sig! <cite>HeroDelTiempo17 posted [p:950059849] in Politics C... [t:79256670]...</cite> <quote>DoomTheGyarados posted... </cite> <quote>If you think wsb is market manipulation...</quote> How is it not? The act of playing the market causes the market to react. This is literally manipulating the markets. It's not as insidious as what Wall Street gets up to behind closed doors but the mechanism of action is identical. WSB has just crowdfunded the money and done it out in the open. Sure, it's better in the sense that it's easier to root for internet memelords than the big hedge funds, but it's still just an inherent structural problem. --- I definitely did not forget to put the 2020 GOTD Guru winner, azuarc in my sig!</quote> ... Copied to Clipboard!
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