Crypto is just legalized pump and dump
(media.scored.co)
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I've spent years learning about investing before I realized the bullshit. By now I am convinced all of finance is pump and dump. Stocks, bonds, metals, wood, you name it. All pump and dump. I'm convinced they have automated systems that organize pumps and dumps for them, because if you plan well you can run hundreds of these at the same time. I think this is how Renaissance Technologies got 60% annual return. They claimed it was because of predicting the market (there is a whole Acquired podcast story/fable about them which contains some truths), but I think they do not predict the market. Instead, they make the market. What better way is there to predict the future than making it yourself. On Yahoo Finance for example, there are those fake news stories below stock prices showing what is "hot". Those stories toegether with mainstream media are all part of the pump and dump scheme.
Exactly.
And new things constantly invented for pumps and dumps. From scratch like that NFT crap, or by making things that had never been intended to become a finacnial toy.
Like carbon credits? Just another way to steal your money
Yep. And like tons of other completely virtual things.
Economy is completely broken since times when somebody found out that money could make money without doing anything useful. This unwinding exponentially and today we are at the stage where nearly all critical businesses already don't care about anything except completely virtual price of their completely virtual shares on stock exchange.
https://xcancel.com/WatcherGuru/status/2046080085128630435
The Wolf of Wall Street guy was arrested for doing shit like this
Today, he'd still make his money and wouldn't serve time
BEEN SAYING IT FOR YEARS!!! 🙄
It's now highly illegal to do with stocks, so they invented "Not Stocks" to do it all again.
Markowitz...a jew.
...for 22 months for jewing jews while jewing gentiles.
"According to his memoirs and interviews, a family friend helped him find a job as a trainee stockbroker at L.F. Rothschild. Belfort says he was laid off after that firm experienced financial difficulties related to the Black Monday stock market crash of 1987."
Is anyone holding a gun on your head and making you buy it?
Sounds like the vaccine. Some people were smart enough to know bullshit when they see it or at least profit from it
Removed for rule 1 violation: be respectful, attack the argument not the person.
Removed again for rule, 1. I don't think his comment was an attack on you but I can clarify if you'd like. Your comments are direct attacks on him.
His argument is his behavior.
I quoted his argument and I explained it.
Just because you don't like it doesn't mean it's not addressing his argument.
I suggest you rebuttal his argument without rule 1 violations, please.
Obviously shitcoins are scams. If you're spending money on them that's a 'you' problem. Same stupid shit as going to a casino.
Nature forcing liquid (inception towards death) while making solid (life) fall with force...that's a pump & dump.
Few suggest artificial currency to distract many from the natural pump (inception towards death) & dump (life) current...it's many holding onto currency which permits few to utilize the natural current for pumping fiction into many, while dumping many within reality.
Sleight of hand: "Don't throw the baby out with the bathwater".
a) Few tempt many to ignore wandering here and there aka adapt as choice to natural balance by tricking them to hold onto a side (rich vs poor aka more vs less aka want vs not want) which imbalances choice.
So while many are stuck, the wandering few/jew moves freely as the immortal man of legend... https://en.wikipedia.org/wiki/Wandering_Jew
b) As for madness and delirium...madness implies insanity aka being "within sound", while delirium implies a disordered state aka ones state of being divided within the natural order.
Few trick many to hold the words "madness" and "delirium" as definitions aka affixed states within their minds, which in return prevents many from being of sound mind while operating within the divided/divine natural order.
Each being (choice) within nature (balance) implies a centralized organ of auto (self) mation (to think).
Few organize many together, which divides each from center, while tricking autos (self) into nomous (to take).
Taking (possession) contradicts thinking (potential)...if held onto.