Wallstreetbets lingo bloomberg4/15/2023 ![]() million subscribers and self-describes as if 4chan found a Bloomberg terminal. amid Bitcoin’s resurgence over the past year.Įuphoria around digital assets surged this week as Bitcoin hit a record of almost US$65,000 before pulling back after the debut of the U.S. r/wallstreetbets (WallStreetBets or WSB) is a subreddit devoted to. WallStreetBets, famous for the frenzy its users created in video game retailer GameStop Corp.’s stock, has also seen multiple references to outperforming shares of cryptocurrency miners such as Riot Blockchain Inc. As Bloomberg notes, Gensler has long argued that many cryptocurrencies fall under. By parsing discussion on this forum, we can track which companies retail investors are mentioning the most, and the sentiment of the discussion around each ticker. However, it must be noted that in terms of trading fees, Coinbase is a. For that, check out this wild story from Bloomberg, which reported exactly how the subreddit r/WallStreetBets grabbed hold of a huge opportunity found, naturally, in the mass shorting of. The forum has avoided posts on crypto for many years mainly because its “concern is that crypto discussion overtakes the core of what WallStreetBets is about, which is the stock market.”īanned from Bitcoin Posts, WallStreetBets Turns to Crypto Miners WallStreetBets is a community on Reddit where participants discuss stock and option trading. “I don’t see the point in delaying the inevitable anymore as crypto is here to stay,” the post said. The group has a “No Cryptocurrency” rule forbidding posts devoted solely to digital tokens like Bitcoin and their underlying technology, and that still stands elsewhere in the forum. The freewheeling web forum will start allowing discussion of Bitcoin, Ether and Dogecoin in a daily Crypto discussion thread, according to a post from moderator “bawse1” on the site. Many members worried that a stock market listing marked the beginning of the end of Reddit's free-wheeling culture, while others saw the opportunity for more fun and potentially profit. You know those guys who heard the name of the sub in bloomberg, has hustle written on instagram bio, has 200 dollars in Robinhood and keeps talking 'I am doing investments and wall street bro. Even the moderators of WallStreetBets can’t hold back the rising Bitcoin crypto wave any longer. On WallStreetBets, the subreddit responsible for igniting this year’s meme stock craze, the pile-ons were plentiful, the profanity more so. To make it more approachable to 'new comers'.
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