Could Leofinace Become the Safe Haven For Wall Street Bets? by cryptictruth

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hive-167922 · @cryptictruth · Jan 24 '21

$5.25

Could Leofinace Become the Safe Haven For Wall Street Bets?

The WallStreetBets subreddit helped push the flailing stock to dizzying heights—while a short seller alleged an accompanying harassment campaign.

![D1798DAF278C43B080B91CD91FF02AF2.jpeg](https://i.imgur.com/1KitlLZ.jpg)

Friday started a war between retail and institutional investors. If you don’t know a lot Wall Street Bets (WSB) it’s a self proclaimed forum for people who pride themselves on 10,000% and 100% losers. There’s a community of people taking high risk shot that are actually paying out because they have found flaws with the current system. The problem now is these institutional investors are mad and that’s evident by the smear campaign that’s taking place this weekend.

- [A Fight Over GameStop’s Soaring Stock Turns Ugly](https://www.google.com/amp/s/www.wired.com/story/gamestop-stock-wall-street-bets-short-squeeze/amp)

- [GameStop's Power Surge: Will WallStreetBets Or The Short Sellers Come Out On Top?](https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/gamestops-power-surge-wallstreetbets-short-204539709.html)

There’s even talk that big investors wha the SEC to shut down the sub Reddit. There’s actual some fear this may happen even through it’s not likely, but I’m using this opportunity to try to in Baird these 200 million users to Leofinance. I’d like to call other users here to do the same. I think these crazy kids would be good for our platform.

Please head over to the subreddit and let’s plant the seed!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptictruth/could-leofinace-become-the-safe-haven-for-wall-street-bets)

👍 leo.voter, alexis555, edicted, ctime, sbi2, foxon, louisthomas, cadawg, bozz, deathwing, pele23, rynow, sn0n, uwelang, jasonbu, investegg, giftgiver, privex, roleerob, mdosev, betterdev, californiacrypto, babysavage, nftmart, leofinance, engrsayful, gadrian, bert0, paragism, eirik, hashkings, actioncats, charcoalbuffet, snoochieboochies, hextech, fatman, travelwritemoney, mafia.wallet, cornavirus, stocksncrypto, beehivetrader, babytarazkp, no-advice, jk6276, alokkumar121, lizanomadsoul, hivebuzz, bahagia-arbi, blokz, ahmadmanga, sbi-tokens, djennyfloro, tulwave, tiffin, denizcakmak, iktisat, flamingirl, voxmonkey, bala-leo, manncpt, bastionpm, mehmetfix, scholaris.leo, gadrian-sp, and 9 others

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@charcoalbuffet · Jan 25 '21

Was just having similar thoughts recently. Read calls for there to be investigations and controls on them by Larry Summers recently so it could happen soon. Luckily, Leo is decentralized.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@charcoalbuffet/re-cryptictruth-5spqnr)

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@eirik · Jan 24 '21 (edited)

$0.04

They can lose money trading options and earn them back quickly by making posts and comments here! Wouldn't that be awesome?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@eirik/re-cryptictruth-2rgwn9)

👍 cryptictruth

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@cryptictruth · Jan 25 '21

That was my thought lol

👍 eirik

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@hivebuzz · Jan 25 '21

Congratulations @cryptictruth! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@cryptictruth) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!

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@scholaris.leo · Jan 24 '21

$0.03

It's romantic in a way.  People gather together to save a retailer and prevent the profit-makers from their fortunes.  I think Game Stop would do well with an e-commerce site.  It would at least give them an opportunity to survive long enough to drag themselves from the COVID-induced economic chaos.  

Thank you for sharing.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@scholaris.leo/re-cryptictruth-56cs25)

👍 cryptictruth

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@cryptictruth · Jan 24 '21

As an older gamer I have a soft spot for game stop. I think their model is changing, but this resistance against Cirton the short seller is epic. More people Re buying physical goods from the store which is amazing. I think the economic story behind the small guys trying to get back at large investors is even better. I can’t say what’s going to happen but I’m buying Monday to just be a part of it. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptictruth/re-scholaris-leo-s3mnu)

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