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The people making the loans are also speculating on crypto with other funds. The loans exist to pump the price up by fooling "technical" traders. It's market ma
by gowld 4y ago
The people making the loans are also speculating on crypto with other funds. The loans exist to pump the price up by fooling "technical" traders. It's market manipulation.
- frankharv 4y agoI think using the word 'traders' for these scammers is generous. Should reddit be allowed to present financial advice via their forum. That to me is a problem. Free Speech or financial system rules. People can say things on a forum with no repercussions. True or not. AMC is a shit stock now and it was 5 years ago. Gamestock too. Elon Musk says one thing wrong and is attacked by SEC. Not fair at all. Crypto should have been snuffed out by regulation many years ago.
- celticninja 4y agoSo anti regulation for Elon, pro regulation for crypto and Reddit. That's definitely a weird take.