[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 40 KB, 570x570, il_570xN.1942776832_68hd.jpg [View same] [iqdb] [saucenao] [google]
26420689 No.26420689 [Reply] [Original]

Can we have a serious discussion about the fact that we are actually losing our competitive edge to WSB. What is the point of this board when we can't even make more money than them.

>> No.26420703

>>26420689
What are you talking about

>> No.26420769

>>26420689
>losing our competitive edge

yo dude hate to tell you but 4chan hasn't been shit since maybe 2013

>> No.26420795
File: 26 KB, 444x580, 1587558953658.jpg [View same] [iqdb] [saucenao] [google]
26420795

>>26420689
>Can we have a serious discussion about the fact that we are actually losing our competitive edge to WSB. What is the point of this board when we can't even make more money than them.

>> No.26420826

>>26420689
NO, boomers over at /smg/ are losing, not /biz/

>> No.26420897

It's over. I'm switching to r/wsb

>> No.26420914

>muh internet wars
kys faggot

>> No.26420950

FUCKING REDDIT SHILLS GTFO

>> No.26420954

>>26420689
you have to go back

>> No.26420965
File: 551 KB, 1242x2688, 65808829-4110-46BF-9E5D-BCF716F10B11.png [View same] [iqdb] [saucenao] [google]
26420965

>>26420689
>this is what linkies are afraid of

>> No.26420972
File: 382 KB, 1079x1070, 1611079112510.jpg [View same] [iqdb] [saucenao] [google]
26420972

>>26420826
I'm not losing out, we were talking about GME and BB long before the past week or two of insane growth, I got in with plenty of time to spare

>> No.26420995

>use WSB to make quick fiat off of normalfag squeeze
>shove into crypto for for gains

Use both to your advantage you fucks. turn weekly WSB pumps into crypto investments

>> No.26420997

Enjoy biz while you can because once wsb gets shut down this place will see a fag flood like never before

>> No.26421015

>>26420689
I'm switching to WSB, biz is a faggotland plagued with pajeets

>> No.26421098
File: 1.03 MB, 720x520, F4119ECB-06D4-49AE-BEC0-F03FA0CB3B2F.png [View same] [iqdb] [saucenao] [google]
26421098

>>26420997
the I guess we’ll have to up our game
N

>> No.26421274

>>26421098
I

>> No.26421278 [DELETED] 
File: 176 KB, 1242x1210, 9de2ff05bf4e6e0debec217bbaf91a8d9056e21d45b86f6463537d1f80f20ebc.jpg [View same] [iqdb] [saucenao] [google]
26421278

>>26420689
Yes. There is nothing to be found here, now go away.

>> No.26421343

G

>> No.26421360
File: 37 KB, 348x342, 1596745363973.jpg [View same] [iqdb] [saucenao] [google]
26421360

>>26421278
Can WSB even cunnypost?

>> No.26421424

>>26420689
/biz/ has made more money if you count the BTC, ETH, CHAINLINK oldfags. They are millionaires or have 6 figures.

>> No.26421425

>>26421343
G

>> No.26421428
File: 1.36 MB, 3051x3303, 1494283000837.jpg [View same] [iqdb] [saucenao] [google]
26421428

>>26421360
Nope. That's all we're good for, along with racist frogs. They should find other subreddits to go to.

>> No.26421492

>>26420689
eh, crypto doesn't have WSJ and other boomers breathlessly reporting about leveraged trades so it just seems that way

>> No.26421553

>>26420965
>make a Twitter account with the same handle as popular wsb users
>send threatening messages to whatever company they are beefing with
>wsb gets raped by the sec

>> No.26421561

>>26420769
2013 is a bit early but this is accurate. US elections are fun on /pol/ but there hasn't been high quality bants since moot became an SJW and sold out. Most discussion is gossip and low quality racist bait.

>> No.26421577

>>26420689
>went to check what the fuck is wsb
>it's fucking stocks
yeah fuck off fag

>> No.26421605
File: 87 KB, 487x628, 20200401_173213.jpg [View same] [iqdb] [saucenao] [google]
26421605

>>26421577
NOOOOO YOU CAN'T SAY THE N-WORD HOW DARE YOU

>> No.26421610

We're an anonymous fucking board full of shills with unprecedented access to normie money right now. Instead of bitching about WSB, you should look at it as an opportunity to reverse funnel money from them by creating bag holders.

>> No.26421644
File: 326 KB, 1554x1552, m9.jpg [View same] [iqdb] [saucenao] [google]
26421644

I see this announcement, "Baex is a new pearl," almost everywhere. Did you see that? I checked this platform, this is a defi binary exchange with various shares, indexes, fiat & crypto pairs. Does anyone use it? They also offer a bonus system to earn on the invitations: #baex

>> No.26421730
File: 133 KB, 1280x720, wake in fright.jpg [View same] [iqdb] [saucenao] [google]
26421730

a centralized site like Reddit will never be able to compete in crypto with a decentralized site like 4chan

>> No.26421814

>>26420689
WSB - high risk, high reward
/biz/ - good for investing large amounts of money and making consistent gains

>> No.26421917

>>26420689
WSB is literally made up of degenerate gamblers or of people who already made it considering the dude did not have any problem leveraging 20k. Enormous risk enormous reward. GME did a measly x3 meanwhile ETH did a x20 in a year. There are degenerates leveraging crypto as well.

>> No.26421982

>>26420689
> thinking we are in competition with anyone

> thinking we are in competition with Reddit

YOU NEED TO GO BACK. A thread died for this.

>> No.26421984

N

>> No.26422035

>>26421917
GME did a 10x in less than a year. But, I see what you are saying.

>> No.26422036

>>26420689
Both gme were mentioned here far before they wsb went full force after gme. Same with stocks like pltr and bb. Its like we have a horde of dumb people we can speculate on what will do before they do it and already have some skin in the game once they go full force into something. When gme was 47 or something I saw one dude who didn't even have a robinhood stock say he made one and buy 750 worth if gme.

They do have some insane people that show ridiculous gains but relative to the amount of traffic its not more abnormal as the people who make it here.

>> No.26422236
File: 63 KB, 950x599, 8338B96A-52AE-42F9-81C8-78E75632319F.jpg [View same] [iqdb] [saucenao] [google]
26422236

>>26421098

>> No.26422289

>>26420689
stop false flagging tranny faggot
nobody cares about your rh folio worth 20k that is up 15% on the fucking month

>> No.26422325

>>26420689
making money?
$100k > $1.2k > $101k
Yeah, thats what making money is like.

>> No.26422403

>>26420689
but can they say nigger?

>> No.26422443

>>26420689
It's very simple OP. WSB is to Stonks as /Biz is for Crypto. Both are alright.

The real problem is our inability to moderate lowiq fud and pajeet shilling. Mods should ban Indian ips.

>> No.26422480

>>26422036
This, they have 2 million fucking subscribers. How many million dollar portfolios do you see there relative to /biz/? Not many

>> No.26422512

>>26421730
>4chan
>centralized
More like Central Intelligence Agency honeypot

>> No.26422574
File: 29 KB, 500x361, 5264d32fbd11603e2e53539c6734b8107ac230b081d6422f3dd34dfab6168f73.jpg [View same] [iqdb] [saucenao] [google]
26422574

>>26422443
if anything we need MORE pajeets to drain these midwits out of all their money

>> No.26422602

>>26421730
That's the point
They dont give a shit about crypto
Except for those crypto subreddits

>> No.26422665

>>26422036
Most of the people saying that /biz/ missed out don't even realize that /smg/ is a thing. They think because nobody is spamming a boomer stock all over the board, that nobody is aware. Personally I don't play the stock market at all so it means nothing to me, but the people here that do definitely knew in advance.

>> No.26422717
File: 32 KB, 680x956, 1602424495200.jpg [View same] [iqdb] [saucenao] [google]
26422717

>>26422574
>Press X to counter.

>> No.26422783

You guys know you can use Morpher to trade stocks with ETH? I'm going to buy gamestop on monday for keks

>> No.26422796

>>26422403
Checkmate, whether they make more gains or not (they don’t) they will never have enough money for the freedom simply saying a six letter word. Nigger nigger nigger nigger nigger

>> No.26422836

>>26422717

i saw what you did there

>> No.26422894
File: 2.71 MB, 1600x1300, 1584910681294.png [View same] [iqdb] [saucenao] [google]
26422894

>>26422836
Fucking QTE's...

>> No.26423441

come on guys we can do this


N

>> No.26423605

>be wsb
>spend 20k on 0dte options that have 99.9% chance to be worthless
>stock moons
>make millions
>wsb so smart

>> No.26423835
File: 12 KB, 220x215, 220px-Taleb_mug.jpg [View same] [iqdb] [saucenao] [google]
26423835

>>26420689
Reddit is a fragile board prone to groupthink, survivor bias, midwit dominance, board culture, and oversocialization. r/wsb is downstream from all if this.

We here are on an antifragile board. All posts are laid bare here. Retards and autists alike anonymously post here. Losses and gains are posted without bias. No one is safe from criticism.

r/wsb is simply bigger than /biz/ but that will be its downfall one day.

>> No.26423947

>>26420689
we are literally always ahead and under the radar, how is this not winning

>> No.26424017

>>26423947
We are never ahead

>> No.26424047

>>26423835
I'm calling bullshit. All sorts of posts for shits coin, but I'll give you some do catch on. Then so many of their "reports" are fucking photoshopped. If you take advice from either one you're gambling.

>> No.26424071

wsb is better than this pajeet board

it's just link and indian rugpulls now

>> No.26424075

I've already moved over. This board was never good. In fact, the site has never been good. WSB has made me over 50k

>> No.26424078
File: 8 KB, 200x250, 1594084368582s.jpg [View same] [iqdb] [saucenao] [google]
26424078

>>26424017
is wsb buying chainlink then ?

>> No.26424169

holy shit go back you stupid nigger and stop making these threads or so help me ill use some of my link stack to ensure you dont make these myself in minecraft

>> No.26424199

>>26420689
I don't fuck with legacy investing.

>> No.26424209

>>26423835
WSB has "wisdom of crowds" on their side, but you can make a lot of money when you pull the rug under the crowd.

>> No.26424235

Imagine being on this board for 2+ years and not being at least 100k in profit KEK. Literally all you had to do was buy ETH, Link or BTC. We don’t care about boomer stocks until you have 7 figures to put into index funds and many of us will be at that within months. Go to Reddit then if you can’t cut it here would improve the quality of this board.

>> No.26424265

>>26420965
>Child safety is taking seriously in this country
What are The Finders Cult?
What are The Family Cult?
This retarded reddit nigger needs to be tortured before execution.

>> No.26424284

>>26420689
Who is this “we” you stupid fucking nigger

>> No.26424312

>>26421814
Such a retard

>> No.26424347
File: 3.26 MB, 4700x4700, 1610341278329.jpg [View same] [iqdb] [saucenao] [google]
26424347

Nigger

>> No.26424367

>>26421730
>a delusional board pested with pajeets scamming shitcoins
yes

>> No.26424445

>>26420689
>OMG BROS GME KEEPS GOING UP THIS IS A CHUNGUS WHOLESOME MOMENT I LOVE THIS COMMUNITY

Wsb may ocassionally act more edgy than other places on reddit but they're still a smug hugbox like every other garbage sub

>> No.26424488

>>26420689
how is this even a discussion? /smg/ was shilling GME weeks before the hype on wsb

same for PLTR, BB, PLUG, AMD, MARA, etc.

/smg/ is a cycle ahead of wsb, not the other way around

>> No.26424492

> my internet retards are better than your internet retards

>> No.26424525

>>26424235
this. my $5k LINK investment is worth over $150k now. reddit is for faggots and they are all gonna get rekt at the exact same time we all make it

>> No.26424568

>>26420689
>the fact that we are actually losing our competitive edge to WSB
this has been happening for years....

>> No.26424579

>>26420689
faggot, buy high sell low has been and always will be the /biz/ way.

>> No.26424582

>>26420689
biz is the wealthiest community on the internet, bro (faggot)

>> No.26424589

THE GREAT /BIZ/ EXODUS BEGINS

>> No.26424642

>>26424548
You are losing because you are not dreaming big enough...
>>26424548

>> No.26424668

>>26420689
Can someone enlighten me? What's going on with r/wallstreetbets and how is 4chan losing the competitive edge?

>> No.26424669

>>26424589
We need to create a new biz

>> No.26424693

>>26420997
this, kek. if you think it's bad now....

>> No.26424701

>>26421814
Untrue

>> No.26424804

>>26420689
Too many faggots on this board now. This board is complete shit because of it

>> No.26424896

>>26424668

WSB poured $$$ into GME before Cohen joined the board. Price soared 80%. Autists continued pouring $$$ into GME trying to cause a short squeeze (138% of its total shares are sold short lol). So many people bought $60 call options that suddenly became ITM yesterday on a spike which caused a gamma squeeze and 70% gain by noon.

Now it has gotten so much publicity that even normies are throwing their life savings into GME with fantasies of getting rich despite knowing absolutely nothing about financial markets or instruments.

>> No.26425050

>>26424896
Wsb reckon it's going to $1000 like VW did

>> No.26425058

>>26421425
E

>> No.26425131

>>26424896
that's extremely based

>> No.26425169
File: 3.83 MB, 720x404, 3AACD012-DA33-47F8-924B-CE7A0937EFB1.gif [View same] [iqdb] [saucenao] [google]
26425169

I bet there’s not one onions faggot on that board with a 5 digit stack of LINK so they’re all peasants in the long run.

>> No.26425198

>>26425050
And that is why they're retarded. $VAG and $GME are entirely different. Could GME squeeze? Yes. But GME has way way way more liquidity than VAG did so it will be a slow, volatile bleed up as shorts exit their positions (if they do at all). This has the potential to just fucking nosedive and leave everyone as a bagholder though.

>> No.26425295

>>26420689
4chan is dead because its now filled with bbc posters and Trump zombies
Smart people don't hang out here anymore

>> No.26425340

>>26420689
/smg/ made GME calls way before wallstreetbets.
/biz/ as a whole has ETH and LINK giving out massive gains too.

>> No.26425402
File: 102 KB, 828x651, 6D862B22-DA8A-422D-97C7-E9D7C0715561.png [View same] [iqdb] [saucenao] [google]
26425402

>>26420689

>> No.26425451
File: 746 KB, 1800x1600, FF35CF43-BC03-4DB2-BB30-1FDDCE4F4A8A.jpg [View same] [iqdb] [saucenao] [google]
26425451

>>26420965
UPVOTED

>> No.26425587
File: 121 KB, 828x1450, D16C5395-C39C-480C-B49D-8C6191970BB7.jpg [View same] [iqdb] [saucenao] [google]
26425587

What would happen if people mobbed shorts for companies that do gay shit? Like, what if when Gillette had that one ad 100,000 stinky linkies bought shorts for P&G that were $10 under the market price?

>> No.26425604

I don't know I went on their discord last night and it seems to just be a ton of brand new investors, like teenagers, and the ones with any experience are super cocky. Then they're telling absolutely everyone to buy GME which makes it just sound like a PnD. The reddit shilling going on right now also is a warning signal. They need more and more people to buy because at this point it's a greater fool theory, they want us to buy their bags. Won't do it. I don't think they have so much more money than this board on average either.

>> No.26425633

goddamn this board is cringy. Old cringy men

>> No.26425662

>Oh no a couple of people on reddit with public names and aliases that have a lot more potential to get slapped around by the IRS and lawsuits might end up making slightly more money than me

>> No.26425845

biz is the best thing that ever happened to me

>> No.26425850

>>26425198
What's going to happen when Gamestop just starts selling stock at those prices to pay off some debt?

>> No.26426104

>>26425604
Yeah, it was actually a good idea to try and spark a short squeeze here. The problem is, even with so many people piling in, the best they managed was two gamma squeezes.

If your 2 gamma squeezes triggered a +246% rise but STILL didn't snowball into an actual short squeeze then you should probably re-evaluate if it will ever actually happen. Especially now with so many people who have no idea WTF they're doing opening a RH account and instant-depositing $1000 thinking they're about to be rich.

Is it a gamble worth having a small position in? Yeah. But its not some guaranteed omg GME to $1,000 shit like these idiots are saying.

>> No.26426210

>>26425850
That would dilute shares and potentially give short-sellers a path out of their laughably fucked up predicament right now.

But GME doesn't really have that much debt or much need for capital right now. They're probably perfectly content to watch the hedge funds that sold illegal naked shorts on their company get fucked.

>> No.26426491

>>26426104
This actually reminds me of back in 2016 when I was buying DRYs with /smg/ as a newfag. That shit will end up dropping like an absolute brick. If I had my money on RH I'd look into opening a put in the next couple weeks or so.

>> No.26426554

>>26426104
I have 50% of my net worth in GME. Already up 200%. You’re just mad you’re missing out. But it’s not too late anon. Anything under $100 a share and you could 10x your money. This is going to $1000 EOY.

>> No.26426698

>>26422512
Ya I don't know why I came back here. /lit is still okay, but 8ch got taken down and this place is still up? Definitely a honey pot. Im amazed people like you are still around I see this get almost no mention.

>> No.26426708

>>26421917
>rd. GME did a measly x3
They are mainly using options so its much more for them.
>>26420689
They have just reached a critical mass. For every poster posting millions made there are thousands of lurkers and comments from people who didnt or bought later. They just have so many that they achieved a critical mass of market movement. /Biz/ is much smaller group so the ability to move markets is weaker.

>> No.26426740

>1000 eoy
what makes you say something as retarded as that

>> No.26426812

>>26426554
I didn't miss the train and have greatly profited from it. I'm just tired of seeing people thinking that the party will never end.

>> No.26426867

>>26426210
>They're probably perfectly content to watch the hedge funds that sold illegal naked shorts on their company get fucked
Those hedge funds are seething so hard they want to shut down WSB.

>> No.26426940

>>26426554
Never let go of those GME, each one will be a yacht, lambo or rental property if you have strong hands.

>> No.26427074

>>26426940
Won’t sell until at least another 10x

>> No.26427155
File: 78 KB, 1242x822, 1592482042558.jpg [View same] [iqdb] [saucenao] [google]
26427155

wsb has been popular for like 1.5 years, while /biz/ has been overrun by pajeet scammers since 2017, which isn't the say one is better than the other, but over time the same retarded get rich quick retards will eventually ruin that place as well. They already got pretty close to going private a year ago when all the retards started posting and crowding out the autistic savants that made the place popular in the first place.

>> No.26427299

All the no-coiner poorfags can't get checked or downvoted here.

>> No.26427501

>>26426867
All the financial papers have lines to the effect of “concern over retails growing influence in the market” lmao institutions and hedgies are high off their own supply and its delicious to watch them take it on the chin

>> No.26427655

>>26426867
They deserve to get fucked for trying to bankrupt a company for their own profit.

>> No.26427677
File: 163 KB, 1228x868, anti loli redditors.jpg [View same] [iqdb] [saucenao] [google]
26427677

>>26421360
A loli a day keeps the redditor away.

>> No.26427755

>>26422512
That's only for /pol/ because they're a bunch of retards.

>> No.26427826

>>26427655
>>26427501
Don't even have GME in my portfolio, skeptical about it, but it's so nice seeing these fuckers get shafted.

>> No.26427946

>>26427655
If GME isn't profitable on paper, then it isn't fucking profitable.

>> No.26428216

>>26424488
This

>> No.26428293

>>26427946
...What?

>> No.26428341

>>26424347
whats this based on?

>> No.26428357

What a terrible fucking thread
I wish nothing but death upon you anon

>> No.26428380

>>26428293
It's not about "trying to bankrupt a company," for their own profit. It's about the numbers on the sheet saying Gamestop isn't profitable and their business model is failing, therefore it isn't worth shit. Therefore let's short it.

>> No.26428414

>>26420689
WSB overtook /biz/ after the GUH incident

>> No.26428593

>>26428380
>the hertz case
don't underestimate the power of squeezes

>> No.26428610

>>26423441
I

>> No.26428625

>>26420689
Shut the fuck up reddit nigger

>> No.26428645

>>26428625
Not funny

>> No.26428729

>>26428380
Well clearly they misread the paper numbers then, didn't they? The real problem is boomers who have never touched a controller saying "SHIFT TO DIGITAL OMG GME IS DEEEEAAD" when people still want to buy physical games because one patch on cowadoody will eat your entire hard drive. The shorts misread the situation

>> No.26428768

>>26428380
Even if it failed it wasn't worth nothing, they have a huge consumer database and are pivoting to ecommerce, gamestop were doing much better than what short interest was indicating, you really think it is financially prudent to short when shorted shares represented over 130% of the float? They could have exited their positions when it was like 5$ for a pretty profit but they all got greedy as fuck and got called out hard.

>> No.26429000

>>26422443
based

>> No.26429078
File: 1.21 MB, 1676x2560, image.jpg [View same] [iqdb] [saucenao] [google]
26429078

The plus side is when they lose 50% of their gains to taxes then they’ll start rethinking their extreme left politicians that want to tax us to death.