Current Events > The White House is looking into the Gamestop situation

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Blue_Inigo
01/27/21 1:36:59 PM
#1:


https://twitter.com/deitaone/status/1354495824340901898?s=21

We fucked boys?

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LastTomorrow
01/27/21 1:37:26 PM
#2:


Uh... should we sell?

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Alteres
01/27/21 1:38:00 PM
#3:


LastTomorrow posted...
Uh... should we sell?
Fuck em

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AngelsNAirwav3s
01/27/21 1:38:02 PM
#4:


You can bet the retribution from Wall Street will be swift, they will get their politician buddies to pass legislation in days to prevent something like this from ever happening again.

Too bad they aren't that fast w/ COVID stimulus.

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Tyranthraxus
01/27/21 1:38:04 PM
#5:


Lmao it's just gonna be politicians buying in

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Strider102
01/27/21 1:38:29 PM
#6:


Here we go, gamers. Our time is nigh!

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Duncanwii
01/27/21 1:38:47 PM
#7:


Will Joe Biden buy a PS5?
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Naysaspace
01/27/21 1:39:16 PM
#8:


How EXACTLY do you regulate it though? What tangible actions can be taken to prevent millions of basically anonymous retail traders from trading? Is it just a matter of banning /wsb?

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(edited 1/18/2021 6:36:37 AM)
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Jagr_68
01/27/21 1:39:45 PM
#9:


Strider102 posted...
Here we go, gamers. Our time is nigh!

GAMERS RISE UP

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Blue_Inigo
01/27/21 1:39:50 PM
#10:


LastTomorrow posted...
Uh... should we sell?
Hell no

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AllegraD
01/27/21 1:40:11 PM
#11:


*Next Day*
"Our top story today, The White House has become an official partner of Gamestop stores! The first White House inter-building store will be a 24/7 Gamestop!"

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Turtlemayor333
01/27/21 1:40:13 PM
#12:


Move over coronavirus this is the most important priority now

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Blue_Inigo
01/27/21 1:40:34 PM
#13:


Turtlemayor333 posted...
Move over coronavirus this is the most important priority now
Wall Streets needs>>>>>> people

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voldothegr8
01/27/21 1:41:55 PM
#14:


Congress has been greased by the billionaires
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darkphoenix181
01/27/21 1:42:00 PM
#15:


Who is the twitter guy? How do we know we can trust him and Melvin isn't paying him?
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ThyCorndog
01/27/21 1:42:32 PM
#16:


gamers rise up and create the Gamer Party

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RetsuZaiZen
01/27/21 1:43:05 PM
#17:


AngelsNAirwav3s posted...
You can bet the retribution from Wall Street will be swift, they will get their politician buddies to pass legislation in days to prevent something like this from ever happening again.

Too bad they aren't that fast w/ COVID stimulus.
Beat me to it.


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Cowthief
01/27/21 1:43:11 PM
#18:


you guys are fuckeddd

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ThunderTrain
01/27/21 1:43:19 PM
#19:


Only the rich can manipulate the market. If anyone else does it it needs to be investigated


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Duncanwii
01/27/21 1:43:27 PM
#20:


ThyCorndog posted...
gamers rise up and create the Gamer Party

With how popular Fallout is, maybe we don't want Gamers in charge of the nuclear codes.
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CouldBeAnAlt
01/27/21 1:43:55 PM
#21:


Someone told dad
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Strider102
01/27/21 1:44:13 PM
#22:


Duncanwii posted...
With how popular Fallout is, maybe we don't want Gamers in charge of the nuclear codes.

Who are you going to trust more in the inevitable Zombie Apocalypse?

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Jagr_68
01/27/21 1:44:51 PM
#23:


Blue_Inigo posted...
Wall Streets needs>>>>>> people

>Americans for 8 whole months = where money
>gubment: "ehh just wait a week, it's coming"

>Wall Street for 4 days = WHERE OUR MONEY
>gubment: "OH YES SIR WE'LL CRACK THIS CASE RIGHT-O! RED ALERT!"

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#24
Post #24 was unavailable or deleted.
AtelierRyza2462
01/27/21 1:45:37 PM
#25:


Trump wouldn't have interfered
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Antifar
01/27/21 1:46:26 PM
#26:


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s0nicfan
01/27/21 1:47:32 PM
#27:


Naysaspace posted...
How EXACTLY do you regulate it though? What tangible actions can be taken to prevent millions of basically anonymous retail traders from trading? Is it just a matter of banning /wsb?

If I had to wager a guess, it will be to empower Wall Street to lockdown stocks more quickly. They'll make the justification that the market can't operate if a large number of people decide to simultaneously buy or sell specifically to manipulate a stock, but current regulations make it too difficult for Wall Street to temporarily lock down trading they believe is being manipulative.

If they're clever, they will compare it to DDOS protection in cybersecurity. It's not actually a valid comparison, but most people won't know the difference.

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onedarksoul
01/27/21 1:48:55 PM
#29:


What do they need to monitor? Its the free market at work.

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Blue_Inigo
01/27/21 1:50:04 PM
#30:


onedarksoul posted...
What do they need to monitor? Its the free market at work.
They hate when the poor make big money like this

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ThyCorndog
01/27/21 1:51:02 PM
#31:


onedarksoul posted...
What do they need to monitor? Its the free market at work.
cause its not a free market. its their market, and the peasantry have come in and shit in it

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SK8T3R215
01/27/21 1:51:05 PM
#32:


Sounds like a standard non-answer which means they aren't gonna do anything.

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Jabodie
01/27/21 1:52:33 PM
#33:


onedarksoul posted...
What do they need to monitor? Its the free market at work.
Wall Street has plenty of regulations against things like this because they tend to lead to big crashes followed by economic recessions. It also erodes trust in the market for legitimate investment.

What we're seeing here might be a nasty, unforeseen side effect of quantitative easing everybody has been worried about. By propping up the market with tons of cash to protect the economy, they have have fueled a huge string of wild speculation.

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Joeydollaz
01/27/21 1:54:54 PM
#34:


Told ya, they won't allow these games in their real world

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sktgamer_13dude
01/27/21 1:59:50 PM
#35:


Maybe the fucks shouldnt have over shorted the stock like they did.
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apocalyptic_4
01/27/21 2:01:37 PM
#36:


onedarksoul posted...
What do they need to monitor? Its the free market at work.


Blue_Inigo posted...
They hate when the poor make big money like this

This the information is out there we have every right to take advantage of moments like this and make money

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el_cheato
01/27/21 2:02:44 PM
#37:


SK8T3R215 posted...
Sounds like a standard non-answer which means they aren't gonna do anything.
When it comes to billionaire hedge funds losing a penny, the US government can muster the kind of speed and efficiency you can only dream of. Guaranteed they will bailout everyone harmed, try to prosecute the people buying GME, and pass legislation ensuring this doesn't happen again.

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ChocoboMog123
01/27/21 2:12:03 PM
#38:


el_cheato posted...
When it comes to billionaire hedge funds losing a penny, the US government can muster the kind of speed and efficiency you can only dream of. Guaranteed they will bailout everyone harmed, try to prosecute the people buying GME, and pass legislation ensuring this doesn't happen again.
Melvin's looking to bust. Bailed out and still losing. Fuck them.

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