44+ Best Cryptocurrency and Bitcoin Gambling Sites

Going to be editing this with info as I come across it. Please DM me if you have anything to add. Many of you have reached out and I've complied a lot of evidence. I realize now that these pumps originated in Discord groups, but this is something I am still actively looking into and won't be including here.
Users of wallstreetbets (and also places like Stockwits, amcstock, and Youtube chats) attempted a coordinated pump on AMC (& GME) today, Feb. 3rd. These comments are still avaible. The fact they are still up and that I found them very easily means that the mods are not able to moderate their community well enough to stop coordinated pumps. There is not evidence that shows the mods were in on coordinated pump, but the fact that they were unable to stop it taking place shows that the subreddit has grown far too big to be managed by a team of 35 mods.
There is evidence that some mods owned both AMC and GME, and it is possible they held these shares while the coordinated pump was happening in threads they were supposed to be moderating (proof of GME ownership at the bottom).
Coldcutcombo69 was mod on WSB during the AMC coordinated pump. Here is them claiming that they were a mod on WSB. This image of mods before and after the day of the pump confirms they were a mod during the AMC pump-and-dump.
Coldcutcombo69 posted a picture of them having a sell order on their AMC stock that never hit, making it possible they owned AMC shares during the coordinated pump.
Coldcutcombo69 also posted some kind of DD thread about AMC two days ago, promoting the stock here. The content of this post has been removed. This post promoting AMC was made while Coldcutcombo69 was a moderator.
Coldbutcombo69 was a moderator during the AMC coordinated pump. They are no longer a moderator as of the time of this post, only a few hours later. They confirmed this here. A WSB mod was posting comments and threads promoting AMC while possibly still holding AMC shares, and a pump-and-dump occurred in the daily threads that they (along with others) were supposed to be moderating.
turdled is currently a WSB mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here.
turdled's claim was false. Coldcutcombo69 had been a moderator for 25 days. During that time they posted comments and threads promoting AMC, while providing evidence that they actually owned AMC shares. A moderator (who may command more respect in a community of 8.5 million people) promoting a stock is wrong, and the mods clearly believe that is the case since they said they don't do it. But at least one of them did. It could be that Coldcutcombo69 was removed because they were promoting AMC, but they had been doing this for days and were only removed a few hours ago.
ZJZ (a well known moderator) posted this today and was removed as a mod. The head mods also removed more mods, cutting the number of mods from from 62 mods to 37. Coldbutcombo69 was cut from the mod team at this time. It seems very suspicious to me that the head mods removed a bunch of mods from their positions after the events of today, especially because one of those ex-mods had been promoting AMC so much while being a mod.
Note: there is some kind of extended purge happening within the mod team right now. The mod team started at 62, then was cut with ZJZ to 37, then 36, now it's down to 35. EDIT: Two new mods have been added, bringing the count back up to 37. One of them tried posting something in a WSB thread, but their comment was deleted by the auto-mod because they have never posted in WSB before. Here is some proof of what's going on there.
ZJZ has exposed that there are bad actors on the mod team, using their power on the sub to try and make cash off movie deals and crypto scams. This at least adds weight to the points im raising in this thread.
EDIT: There was a thread on WSB by a moderator trying to explain what happened with the mod team. You can see that thread here. There is a lot of push back in the thread. The mod's claim is that the profit from the movie deal would have been given to charity. This may not be true, as Discord logs show another mod asking what their profit will be from the movie deal, asking "What's our cut.". Infighting with the mods seems to be a continued issue with a mod changing the subreddit description from the classic "like 4chan found a bloomberg terminal" to this. This change was instantly reverted.
MOD UPDATE 2/4: It seems that the moderator team has changed again. 23 mods now remain. OPINION_IS_UNPOPULAR is now listed as the most senior mod, and they have allowed this thread to stay up. The mod reports that the Reddit admins have stepped in.
Statement from Reddit admins, according to OPINION_IS_UNPOPULAR: "After reviewing this situation based on input from both current and past moderators, we have decided to remove several moderators at the top of the list that were creating instability in the community." Source.
NEW INFO: I've also been sent a good amount of evidence from multiple people indicating these types or coordinating buying and selling schemes were happening on places like Youtube, Twitch, and Discord. All of these groups seem to be composed of WSB/WSB spinoffs users. These users would spam hash tags, spam and raid Twitch channels, and coordinate these social media pushes with timed buying and selling of GME/AMC/BB/NOK. It is possible (and looks likely to me) that the timed pumps you see below were organized by a Discord group. I have collected a lot of evidence on this front, but this evidence of the real organizers of the pump is something I might have to pass along to someone who is more experienced at dealing with this stuff.
The AMC Pump
Here is evidence of the coordinated pump by users on WSB. The coordinated pump effort occurred in the daily thread, but also spilled out into some posts. Note: I have yet to see any comments/posts that moderators made showing them participating in the coordinated pump effort. It is not known if they knew about these comments or not.
"AMC 1 pm LET FUCKING GO" - WildPhoenix55 58 upvotes. Posted around 12:00 PM CST. Not removed as of 8:40 PM CST.
"AMC 2 DA MOON @ 1PM EST" - OutlandishnessOk4137 Posted around 12:00 PM CST. Not removed as of 8:40 PM CST.
"watching that 1pm movie"
At 1 PM, we’re going to the Moon! Get ready! 🚀 🚀 🚀Discussion *Note that this thread was 6 days ago. Still strange that it was not taken down
Comments in this thread talking about 1 PM pump
EVIDENCE THE 1 PM PUMP WORKED: 1 PM seems to be the main time that was set. You can actually see the coordinated pump spike the price of AMC up to $9.70 right after 1 PM. You can also see the massive amount of volume increase during that time as well. Volume between 1:00-1:05 shot up to 8,725,700. This was the highest volume for a 5 min period all day. Check it out here.
It was also reported to me that some users received DM's about the pump. If you are reading this and received any kind of DM like this, please message me. After seeing the first pump work successfully, they tried it again 1 hour later. Here are a swarm of comments made coordinating the pump for 2 PM.
"2 shares at 2 pm AMC!!" EDIT: This account has been deleted. You can view a picture of this post here.
"Everyone buy 2 shares of AMC and 2pm let’s rush these heggies 💎💎💎💎🚀🚀🚀" "AMC at 2 !!!!" "2 AMC shares @2pm rush" "AMC at 2. Let’s give them some payback🚀" "do i buy now or at 2" "Buy AMC at 2pm Eastern, 11am Pacific. 2pm is when it’s happening."
The 2PM coordinated pump was not as successful. It could be that some users were confused with the time differences. Either way, there was still a marked increase of volume during the 5 min period of 2:00-2:05 which also resulted in the stock re-testing its daily high. Check it out here.
You can actually watch a Youtuber Trey's Trades see the pump at 2 PM in action. He is reading comments on a WSB spin-off subreddit amcstock. You can see people spamming chat for people to buy at 2 PM. Here is the video. The fact that this guy's stream chat is filled with a pump-and-dump scheme and he did nothing about it is pretty telling.
I've backed up the comments and info here. If you find anything else suspicious about this, please DM me. I want to make it clear that there isn't evidence that the mods participated in the pump. But the pump-and-dump (which is illegal) happened under the watch of the mod team. They may have tried to stop it, but 8.5 million people is a lot. If they didn't think they could keep the place running without illegal things happening in the comment sections, they should have set the sub to private and put in proper pre-cautions first.
EDIT: This pump also occurred for GME and users in the GME thread were able to comment about it. None of these comments are removed and they exist in very large numbers. They are mostly heavily downvoted, but the fact they are able to stay up means the mods failed at their job.
Comment 1 Comment 2 Comment 3 Comment 4 Comment 5 Comment 6 Comment 7 Comment 8 Comment 9 Comment 10 Comment 11
The volume spikes do show an uptick in volume around 1PM and around 2PM, but they are not as strong as the AMC boost in volume. The volume during these times were high, but they weren't the highest points in the day for GME.
EDIT: I want to make it clear to people who are saying "those are just bot accounts." Bots are still controlled by humans. If bot spam cannot be caught and deleted, that means 8.5 million people are exposed to pump-and-dump schemes run by bots. It does not reflect any better on the mods if the comments are made by humans or made by bots controlled by humans. It is now a day later, and still none of the comments have been removed by a moderator or moderator bot.
UPDATE: Wall Street Bets has completely removed any post talking about ZJZ and his post about the head mods trying to engage in crypto scams and strange movie deals. (EDIT: This has changed, see above.) The rising sections is now completely filled low-effort, small text posts that are only pushing $GME. Here are those threads. Low-effort threads like these are explicitly against WSB rules. Why are mods letting rule-breaking, ticker spamming posts stay up?
Example 1 Example 2 Example 3 Example 4 Example 5 Example 6
WSB mods are banning users for mentioning ZJZ and his post. (EDIT: This has changed, see above.)
Mods Removing Negative GME Posts
I started digging into this when I posted to Wall Street Bets with a post containing some information about GME. The post pushed back against some of the "GME revolutiuon" talking points. It was a pretty tame post, meet all the guidelines for posting, and contained enough content to warrant staying up. The post was removed by the mods, but you can still see it up here. The content of the post was a combo of these two comments I made. This comment here and this comment here. Somebody in the comments recommended I make the contents of the comment into a separate post- which I did until it was removed.
The moderators removed this post, the removal states: "Moderators remove posts from feeds for a variety of reasons, including keeping communities safe, civil, and true to their purpose."
I sent a DM to the mods asking why exactly the post was removed. I have not been given a reply. Does the content of the post I made (pt.1 / pt.2) break any of their rules? Why would the mods remove a post containing that info?
Even worse, the exact contents of the post I made exist in comment form and are still up. If the info somehow breaks their rules, why leave it up in the comment section? Why haven't they removed the comments that contain the EXACT wording I used in my post?
It seems very strange to me that a post I made that contained some research to counter act the "GME Revolution" narrative would be singled out removal for "keeping communities safe, civil, and true to their purpose."
The front-page of Wall Street Bets is FILLED will positive memes and DD that supports GME. There is not a single negative post about GME on the entire front page that I can find. Why not leave up some negative DD and let the community downvote/upvote it?
The mods will let the comment section of threads get filled up with misinformation (GME SI being 226% is a common one that is easily debunked, yet is posted every 5 min in daily threads). People are gambling their life savings on outdated information yet when I make a post to push back against some of the common GME arguments, it gets removed.
Mods removing negative GME posts is unethical because WSB mods own GME shares.
jamsi is a mod on WSB. They left this comment: "I just received this e-mail from Robinhood. I am no longer using Robinhood for any of my purchases. Only keeping my $GME - not selling." Here is the comment.
Swedish_Chef_Bork_x3 is a mod on WSB. They left this comment: "Another $2k locked and loaded to buy in tomorrow. Feels like fucking Helm’s Deep in here. I have tomorrow off work, gonna get drunk and hope I don’t sleep through my alarm.". Here is the comment.
rawbdor is listed as a mod under the Moderators section of Wall Street Bets. rawbdor posted a comment saying: "The price is going to plummet hard no matter what we do. The real question is, will they be able to steal our shares in the process. They can drop the price all they want on low volume. But they'll never be able to buy it back unless you sell it to them."
A link to that comment is here.
This comment makes it pretty obvious that rawbdor owns some shares in GME, right? Saying things like our shares implies they own some.
ITradeBaconFutures is also listed as a mod. They made it clear that "Mods did not trade GME". You can find that comment here.
turdled is listed as a mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here.
One mod claims that mods don't trade GME, when its obvious from the three examples above that they did. Another says they don't comment or promote trades, which is also a lie. Other mods have been doing that. They also "promote" trades when they remove content that argues the other side of GME. If the only content they allow on the front-page is GME Positive content, they are promoting that content.
WSB has a mod team of 35 accounts moderating 8.5 million people. CNBC gets about 200k viewers at peak hours, while WSB has almost a million viewing it at a time when the market is open.
The mods could simply send me a DM and explain why my post was removed. They haven't. Market manipulation is bad. It's bad when investment firms do it and its bad when retail investors do it. The mods could DM me right now and say "Hey, here is the reason the post was removed." They haven't. If they do send me a DM, I will post an update here.
TL;DR
Now-former WSB mod ZJZ, in a removed & locked post, accused dormant top mods of coming back to siphon media coverage, potential movie rights, and springboard a cryptocurrency, while suppressing other mods
Coldcutcombo69, a moderator on WSB, was posting comments and threads promoting AMC. A coordinated AMC pump happened in the daily threads and comments that this moderator (and others) were tasked with moderating. This mod was removed as a moderator after this thread was posted. Coldcutcombo69 held AMC stock before the pump, but it is unclear if they held or sold that stock around or after the time of the coordinated pump.
Today, several users, but no mods, in a discussion thread attempted to push buys of AMC at 1 & 2 PM EST. Those times would later coincide with high volumes of stock trades for the day. Similar coordination was attempted by users (no mods) for GME.
WSB's front page is filled with only positive coverage of GME (here's a snapshot), while they removed my post containing negative GME DD with no legitimate reason given.
Mods are holding GME contradicting another high level mod's comment that "mods did not trade $GME". Mods made a false statement that they don't promote stocks, as one of them clearly did. You can also see the other mods comments about GME as also promoting stock.
Tervia's comment here has good info on Reddit moderation.

Bitcoin mentioned around Reddit: 99.9% Dice - Bitcoin, Dogecoin, Litecoin, Ethereum & Monero Gambling/ A simple Dice game that with one roll of the dice you can bet Bitcoin as well as a few other Cryptocurrencies. /r/onions

PSA for new Dogecoin / Crypto buyers

Some points to newcomers after reading some frightening comments over in dogecoin:
·If you don't hold the keys to the crypto, you don't own the crypto. If you can't even withdraw the crypto, you definitely don't own the crypto. RH doesn't sell crypto, period. They sell supposed unwithdrawable custodian rights to crypto, and we are hopefully now all aware that RH is full of crap.
·Setting price targets like that of Bitcoin (30k or whatever) is completely nonsensical. Bitcoin has 18M coins out of 21M total possible mined coins. Dogecoin has 128B coins right now, thats 7100x as many. DOGE also doesnt haven't a hard cap due to regularly halving rewards, so its not deflationary in the way BTC is. It would need a market cap of $4Quadrillion to hit Bitcoin levels. In other words, bigger than all equity markets combined afaik. Dollar cost average (DCA) sells on the way up unless you want to drop off the cliff of euphoria into a 50-90% loss like Jan 2018 for a lot of people here. Its already x8 in a week. Bull runs rarely take coins more than x20 or so in a single major rally, and rallies are normally spaced a couple of years or so apart.
·Don't chase rallies. Buying significant positions after a 800% rally is a good way to be left holding bags. You should be DCAing buys, not throwing all of your savings at it at once. Its also pretty stupid to be all-in on a 9B mcap coin. That's high risk gambling if you're dropping most of your assets into it. It will legitimately most likely throw you into a year or two long depression if you lose half of your savings on Fing Dogecoin.
·Crypto should not be a significant part of your investments. If you're throwing most of your assets in this, and especially at one coin at the end of a major rally, you're not only placing yourself at an insane amount of risk, but you put steady growth of the asset at risk when you inevitably panic sell once the momentum runs out or a big seller enters the market. Everyone in crypto has done this to some degree. Its easy to say diamond hands all you want, and convince a thousand other sardines to buy in, and then have a whale decide they want to sell $200M worth over the next month who doesnt give a shit how it effects you. People have their own motives, and most whales probably aren't on Reddit. The people posting six figure holdings aren't remotely close to whale territory. There's 15 addresses with more than 1 Billion DOGE, and more than 100 with over 100 Million DOGE. Those people could potentially wipe out a rally solo.
·Diversify your bonds. Have other investment vehicles, AND other coins. My favorite analogy is that of a castle. You want to build your castle with stable assets, this is your emergency cash fund, index/mutual funds, maybe some large cap stocks, real estate, bonds. That should comprise at least 50%, ideally 80-90%, of your assets. Speculative investments are the raiding party that you send out to loot shit once the castle is built. That's riskier stocks, options, cryptocurrency, etc. Yes, its possible to get lucky if you're solely doing speculative gambling, but its fucking reckless and stupid, and for every DeepFuckingValue, theres 20 people posting loss porn about how they took out a loan for a crypto/options play and got destroyed. It's rolling around with a small army with no defensive position. Really easy to get annihilated by shifting tides in the market, particularly when its all in ONE position.
·Time in the market > timing the market. Quit trying to get rich in 3 weeks, or you'll end up constantly desperate for get rich quick schemes because you never bothered to build a stable base. Having a large emergency fund, and a significant amount of assets because you played it safe is a peace of mind that you cannot know until you have it. Don't throw away the possibility of that in a few years because you wanted to YOLO into Doge and be rich next month.
·The diamond hand thing is really...unconvincing, in case you're wondering. If you're trying that hard to convince yourself and others that you can hang on, you won't. Because anyone who's trying to convince themselves of it is clearly not used to having investments go +100-2000%, especially at the speed that crypto does it, so you won't have any instinct for when to take profits. Greed will set in, and you'll convince yourself that it can survive any correction, and you'll still be waiting for the quick recovery once it drops 60-80% and sits there for 2 years. People who do well in this market have limited exposure, and thus can basically forget about their coins for months or years, because they have other investments and secure finances whether crypto does anything or goes to 0. Euphoria and blind optimism doesn't keep someone holding until something goes x100+. Indifference, apathy, and patience are the more frequent catalysts, because you arent checking Blockfolio every 20 minutes and goading yourself into a panic sell when it corrects hard or crashes. Living in an emotional state thats constantly tied to whether the market is red or green blows. Most of us in crypto experienced at least a little of that in our first year or so. In a away, its exciting because the risk doesn't let you focus on anything else, but its a horrific way to live. The mania eventually gives way into broke disillusionment if you don't have at least a partial exit strategy.
Good luck and be safe. I'm sure this sub would really prefer not having to sticky the suicide hotline number again
Edit: please take note of ajaxhacker who has posted numerous comments to this thread spamming amc, nok, gme. This is shilling 101. "We the people have spoken"...lmao. Okay buddy. If the people had actually spoken it would involve financial regulation, not trying to make a quick buck. You think we haven't seen this crap before? People were doing this nonstop in 2017 with crypto. Your know what happened? Whales gobbled up everyone, a few shrimp got minted into sharks, but mostly...the rich got richer. Institutions will happily take profits off these before all retail investors have the opportunity to. Who, once again, don't give a shit about "holding the line with their diamond hands" and you losing money, because they've been holding since fall of last year and are already +10s of millions or whatever. Don't be naive and don't get stuck holding bags. This type of sentiment is your worst enemy in trading and is one of the earliest and most painful lessons in speculative markets. These are the whales Im talking about:
https://www.bloomberg.com/news/articles/2021-01-27/reddit-day-trader-army-fattens-fortunes-of-world-s-super-rich

Is BigToken one of the most undervalued penny stocks in the market?

I want to thank everyone else who takes the time to write out thoughtful and truthful DD’s, this shit is like writing a college final research paper the night before it's due.
It’s a little scary to think your reddit post could influence someone to spend, and potentially lose, money on a stock just by taking your word and not researching on their own, so this post is definitely not advice and I am definitely not a financial advisor. This is simply a think piece that is open for discussion.
I’ll link all sources to my information below.
You may not have heard of BigToken. I barely noticed it’s vague ticker $FPVD as I was scrolling through the TSNP Stocktwits feed, wondering how TSNP blew up. A fashion tile company? Oh wait no, an app named HUMBL that hasn’t been released yet, something about blockchains, a ticker change and reverse mergers… I never really took an interest in it and thought it seemed suspiciously pumpy as it saw gains from $0.16 - $1.70 in one month, but like it or not the retail investors had made a statement. I am neither bullish nor bearish about TSNP, however as pointed out by an author at SeekingAlpha the blind enthusiasm of some fans was reminiscent of the electrolyte scene in the movie Idiocracy (TSNP’s electrolyte = blockchain).

Attorney General: Brawndo's got what plants crave. Secretary of Energy: Yeah, it's got electrolytes. Joe: What are electrolytes? Do you even know? Secretary of State: It's what they use to make Brawndo. Joe: Yeah, but why do they use them to make Brawndo? Secretary of Defense: 'Cause Brawndo's got electrolytes.

Truth be told I have a vague familiarity with things like cryptocurrency, blockchains, and crypto wallets, but it’s becoming increasingly obvious that crypto is the future. It’s legitimacy is evolving by the day - for example just 5 days ago Tesla bought $1.5 billion worth of Bitcoin and is now accepting it as a form of payment.
While I was mindlessly swiping the TSNP feed a few days ago, I noticed this ticker being cross posted: $FPVD. I almost disregarded it at first, the ticker letters did not stand out on the feed and I’m wary of what is posted on there. When I finally did decide to click on it, the company’s name was Force Protection Video Equipment Corp but the comments were flooded with information about a reverse merger with BigToken and parent company SRAX Inc.
BigToken is a 4-star rated passive income app on the AppStore. Essentially, “BigToken is the app to own and sell your own data.” Data privacy has become a hot button issue in the age of Facebook and Google watching and selling your every move, we all know the warning “if the service is free, you are the product.”
And that’s true with BigToken too. We are the product and have always been the product, but at least here’s an opportunity to get paid for it. You choose to give permission about what data to submit via options like surveys and questionnaires, linking your social media, enabling location, and then this data is then sold to advertisers. BigToken has an established clientele list with a 100% retention rate. The results of a case study for their client Kraft may give you a glimpse into how their business works:
Case Study: Kraft Heinz Instant Pot Meals at Publix

Result: BIGtoken closed the loop, utilizing the platform and panels to measure campaign effectiveness. ●This campaign had the highest recall rate of all channels, outperforming in-store tactics as well as digital offer tactics like Shopkick. ●45% of reported Instant Pot Meal Kit purchases at Publix. ●84% of shoppers who saw BIGtoken’s ads said they did or were likely to purchase an Instant Pot Frozen Meal Kit at Publix. ●Social media had the greatest advertising recall, reporting a total of 16K+ likes, comments, and shares, plus 21K+ clicks to Publix.com. In addition, it exceeded the total impressions goal by 17%. ●BIGtoken’s proprietary panels were leveraged to create insights, audiences and data that Kraft Heinz will use to drive future sales

Okay, so let’s recap. BigToken, a previously privately owned subsidiary of SRAX Inc. with 16 million app users has chosen to become public by way of reverse merger, acquiring the shell share structure of FPVD, and in the process has avoided going through an expensive and time consuming Initial Public Offering (IPO). They are in the AppStore, the reverse merger has been completed and they pay users via PayPal or gift cards for their data. They are currently under the ticker of $FPVD, and are releasing their 8-K any day now with a ticker change on the way.
Great. All of this is fine and dandy, but I wasn’t really convinced to invest until I researched their CEO Lou Kerner.
Lou, a crypto and data privacy advocate, former Wall Street analyst, angel investor and businessman, lurks Reddit. So if you’re reading this Lou, my mom says hi.
He has written thoughtful articles about GME and WallStreetBets, cryptocurrency, and the stock bubble we are currently in. By a combination of chance and tragedy (the CEO before him sadly passed away), he was announced as BigToken’s new CEO on January 24th, 2021.
If you read his article, 5 Reasons Why I’m Joining BigToken as CEO, you are hearing from him directly. It’s an illuminating piece about the direction of this app. Until now, BigToken has only paid customers via Paypal or with giftcards. Lou is here to take this app from crypto-adjacent, to crypto-centric. His ideas are to provide users with the option to be paid in crypto, in addition to providing a digital wallet meaning the app could expand exponentially. He has mentioned it would be at little to no cost to create BigToken’s own stablecoin. If someone like me who is crypto-clueless can see the massive amount of potential in this app, I would love to hear from someone who really knows what they are talking about. If TSNP/HUMBL has value at $1.40 a share without having an app, why would that not be out of the realm of possibility for BigToken?
The Cons: * Penny stocks are inherently volatile. * The market has a mind of its own and everything is a gamble. * The share structure BigToken inherited from FPVD is not the prettiest. Take a look at the SEC filings - as of yet the 8-K has not been released so whether there will be a s is a big concern. * With promising penny stocks come pump & dumpers. * The app could flop.
The Pros:
You can make passive income on this app. If you used that money to buy a few shares of BigToken, your money can make it’s own money and you could be tumbling blissfully away in a money making washing machine. If and when the stock market bubble pops, this doesn’t seem like a bad investment to hold.

With 16 million users across 30 countries, BigToken has generated 2.2 million in revenue in their first full year as an app (2020), and is only set to grow with a projected revenue of $400 million in 2022.
Cryptocurrency is trending and the deep value is being recognized.
The release of the 8-K and ticker name change have not yet happened, and relatively speaking BigToken is still under the radar.
Gig data and business analytics solutions is a booming business, one that is projected to reach $260 billion globally by next year.
The cryptocurrency market was valued at USD 1.03 billion by 2019 and is projected to reach USD 1.40 billion in 2024

Shares of $FPVD are $0.054 at this time of writing.
Articles by Lou
Lou’s Twitter: https://twitter.com/loukerner
(5 Reasons Why I’m Joining BigToken as CEO) https://medium.com/quantum-economics/the-5-reasons-im-joining-bigtoken-as-ceo-6f216c1f1020
(The Robinhood Debacle Lesson: The Way Forward is Rules Without Rulers) https://medium.com/quantum-economics/the-robinhood-debacle-lesson-the-way-forward-is-rules-without-rulers-69ff9a9d5c2e
(Top 10 Reasons People Can’t See The Crypto Light) https://medium.com/quantum-economics/the-top-10-reasons-people-cant-see-the-crypto-light-ffcb8317b80a
Sources:
(Revisiting TSNP/HUMBL - It’s Got Electrolytes) https://seekingalpha.com/article/4404398-revisiting-tesoro-humbl-got-electrolytes
(Tesla Buys 1.5 Billion in Bitcoin) https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
(BigToken’s Website) https://bigtoken.com/
(How BigToken Works) https://bigtoken.com/how-big-works/
(BigToken Announces Closing of Share Agreement with Force Protection Video Equipment Corp.) https://www.businesswire.com/news/home/20210127005621/en/BIGToken-Announces-Closing-of-Share-Exchange-Agreement-with-Force-Protection-Video-Equipment-Corporation
(Major Director Change Statement FPVD SEC Filing) https://sec.report/Document/0001640334-20-002751/
(Kraft Case Study) https://s3.amazonaws.com/bigtokenresearch-prod-wp-media-s3/wp-content/uploads/2020/09/08203300/Case-Study_-Kraft-Heinz-Instant-Pot-Meals-at-Publix.pdf
(Cryptocurrency Market Estimate) https://www.marketsandmarkets.com/Market-Reports/cryptocurrency-market-158061641.html
(Gig data and business analytics solutions estimate) https://www.prnewswire.com/news-releases/censorship-and-data-the-stakes-and-consequences-are-getting-serious-301215887.html
(SRAX Offers Valuable Consumer Insights in Shifting Covid-19 Era with BigToken Data Driven Platform) https://www.networknewswire.com/srax-inc-nasdaq-srax-offers-valuable-consumer-insights-in-shifting-covid-19-era-with-bigtoken-data-driven-platform/
Disclaimer: This post is an opinion piece and should not be taken as advice. The author (me) has a position of 35k shares in FPVD entered at variations of .03, .04 and .05 Edit: Formatting Edit: Added projected revenue for BigToken and updated # of app users

Inside the murky world of investment advice on YouTube

First-time traders are getting a free financial education on YouTube, but not everyone is as they seem:
https://www.telegraph.co.uk/technology/2021/02/13/inside-murky-world-investment-advice-youtube/
Alternative link to article: https://archive.vn/qLxkd
edit - added full article text
Kayla Kilbride decided to teach herself how to trade during a dinner at her family home in Los Angeles last November. Her sisters had been showing her their smartphones, displaying recent winnings on the trading app Robinhood and the conversation around the table kept turning to stocks.
Unemployed and in the midst of the pandemic, the 24-year-old quickly became hooked, waking up at 4.30am to study the markets before they opened, watch YouTube tutorials and simulating trades for six hours a day, four days a week.
“When I first heard the words bullish and bearish I had to Google them,” Kilbride says. “YouTube has been the most educational platform for me, which is so funny. I never thought I'd ever say that.”
Kilbride is one of hundreds of thousands of young people bored and stuck at home turning to YouTube to learn the tricks of the trade. Apps like Robinhood, WeBull, ThinkorSwim and eToro have allowed anyone to buy and sell shares and financial instruments, but many have no idea what they are doing. Top trading channels have up to half a million subscribers each, and live streams of traders studying their screens are watched by thousands at a time.
Some are drawn by clips that attract clicks with colourful thumbnail images showing the presenter surrounded by dollar emojis and green arrows pointing up. Titles like “How one 19-year-old took his brokerage account to $187,000 (£135,000) in two months”, “How I made $1,000 in 25 minutes, and “This stock is about to explode!” promise stories of traders having fun and making fortunes at the same time.
One teenage YouTuber known as Biaheza regularly posts about the money he makes on trading apps Robinhood and WeBull to his 725,000 subscribers.
In one, he lets a stray cat decide whether he should buy $10,000 worth of Tesla puts or calls - leveraged options betting against and for the stock respectively - by placing the words “puts” and “calls” on a piece of paper placed under two dishes. The cat picked puts, Tesla shares went down, and Biaheza made $1,000.
This week, the 19-year-old shared a video in which he borrowed $70,000 from Robinhood to place on Tesla, eventually making himself $5,000.
Reddit, a very different social network, has been put at the centre of the GameStop bonanza that rattled markets last month. But YouTube also lit up with videos explaining or promoting the phenomenon. One of the heroes of the saga was Roaring Kitty, a YouTuber who also worked as a financial advisor. A Massachusetts securities regulator is now investigating whether the trader, real name Keith Gill, broke securities rules by advising which stocks to buy. Arguably YouTube's broadcasts have more power over the market than forums because they hit the web as a finished product that cannot be altered, allowing one skilled presenter to broadcast to many.
Tom Sosnoff, who sold his brokerage ThinkorSwim to TD Ameritrade for $606m in 2009, has since become a hit on YouTube with his Tasty Trades channel becoming a stop-off for more risky investment strategies.
Tasty Trades is focused on grey area instruments, like leverage, options and futures. Financial experts warn that these are challenging, high risk and can be low reward. Sosnoff, says the interest in alternative trading is a reaction to the tedium of traditional financial TV.
“There was a demand for intelligent, challenging financial content, because to me, Bloomberg and CNBC and places like that were full of stuff that anybody can watch, but it wasn't intellectually challenging,” he says. “Who cares what somebody else thinks? Who cares what the news is? I'm not looking for somebody to repeat the news to me. I'm looking for somebody to explain to me how the markets work and how can I make this actionable.”
Kilbride, who now trades just one hour a day after finding a job, says YouTube creates more good than harm. When she decided to move from fake trades to real money she started small and, after one big loss, is now up around 20pc from a starting point of $500. But not everyone will take her measured approach.
“I think overall it's probably good for markets that more people are educating themselves and that you don’t need a fancy Ivy League degree to do it,” says Vincent Deluard, a macro strategist for the brokerage StoneX and Professor of finance at Saint Mary's College in California. “Information should be public.”
"The people who fall for the YouTube videos with the man standing by a fancy red car will lose money, that is just the way markets work."
Clem Chambers, chief executive of stocks, shares and cryptocurrency website ADVFN, says people are falling for “conspiracy theories” on YouTube that promise thousands of dollars. “They’re all rubbish,” he says.
Chambers, who has 30 years of trading experience, says he recognises a similar pattern as during the dotcom boom, which he says scared an entire generation off investing.
“It is a tragedy because investing in the stock market is one of the few ways a normal guy can become wealthy,” he says. “But there's a whole group of people that try to ensnare the beginner. There's a whole gauntlet of people that will strip the unwary of their money.”
eToro, a social trading app which is available in the UK, warns on its website that 67pc of retail trader accounts lose money. Even amateurs with a level head are likely to make 3pc gains at most. Those pushing between 5 and 10pc would be destined for some of the best firms in the world, not YouTube.
YouTube traders can still generate revenue from their streams even if they make a loss trading. Those with more than 10,000 views are eligible to receive a cut of YouTube's targeted advertising revenue. Many sell merchandise and some receive compensation for promoting trading apps.
“The problem is when you have got videos saying how to spot ‘hot stock’,” says Susannah Streeter, senior markets analyst at Hargreaves Lansdown. “It’s almost like it has become a game and people are treating the market like it is a form of entertainment, not a strategy.”
Ironically, Streeter says the vast amount of videos and user commentary on YouTube is helping the industry the presenters are trying to disrupt. “I would expect that hedge funds are analysing the YouTube videos that are being posted, as they are watching social media posts,” she says. With algorithms that take into account what is trending on Twitter, it should come as little surprise.
"YouTube is completely unregulated. When you get official investment advice published by a broker then the person publishing the advice is a licensed individual who is certainly culpable for the statements that they make.” says Kevin Mak, a lecturer at Stanford Graduate School of Business, “And that's not really the case for YouTube broadcasters.”
YouTube says it doesn’t allow “get rich quick” schemes but did not return the Telegraph’s inquiries into what it was doing to curb "pump-and-dump" schemes where an investor hypes to stock to sell at the peak.
As regulators will attest, it is incredibly hard to prove market manipulation. Many of the accounts that appear to be spamming comment sections with the names of certain stocks are pseudonymous. The Federal Trade Commission says it is keeping an eye on influencers who promote gambling, and British politicians have called on a ban of celebrities from Love Island and Geordie Shore promoting unregulated foreign exchange trading.
Vocal critics of the disruptors fear speaking out after a social media pile-on for anyone who dared to fault them. Hedge fund billionaire Steve Cohen left Twitter after his children received threats amid the GameStop backlash. Short-seller Andrew Left, whose company Citron was one of the hedge funds to spark the battle with small-time traders, said in a YouTube video last month that his company - once the anti-establishment - would no longer publish short-selling research.
Professor Joel Hasbrouck, Stern School of Business, New York University, says he occasionally finds teachings of value on YouTube, although these are few and far between.
“For better or for worse, YouTube is a repository of popular wisdom, experience and folklore,” he says. “It appeals to our affiliation tendencies. We're told that maybe if we all pull together on this one we can bend the market to our advantage,” he says.
This coordination would be prosecuted by British and US officials if it were arranged by two large banks and caught on trading room chat transcripts, he says. But don’t expect this Wild West to be tamed anytime soon.
“In this instance the players are small and dispersed,” he says, “and the coordination is loose and casual, so regulation seems unlikely.”

Gamble with Cryptocurrency on Reddit (18 different supported)

10 Stocks to Invest your $2000 Stimulus on

Once again, the Calvary comes to the rescue. Americans can now heave a sigh of relief after months of having to watch their fate hang in the balance as both Democrats and Republicans sparred over stimulus. After foot-dragging and name-calling for several months, Congress decided to approve a $600 stimulus package. However, the incoming Biden administration has promised an additional $1,400 making the total of $2000 in stimulus to be received by Americans.
As expected, some of that money would find its way into the stock market. The explosion of retail trading made possible by apps such as Robinhood and Etoro has meant that more people can trade in stocks for zero or little commission. Flush with cash from the government, people are trying to the stock market to increase their money.
Based on the prevailing macro-economic conditions, financial valuation, and social trends, we have compiled a list of stocks you should be spending your $2000 stimmy on.
DraftKings
As more states become amiable towards online gambling, one of the stocks which would benefit from expected legislation would be DraftKings. The expanding legalization of digital sports betting is an emerging trend. The November election results showed voters in several states largely approved ballot measures that legalized sports betting and other gaming expansion measures.
On the revenue side, DraftKings saw a 98% year-over-year surge to $132.8 million in the latest quarter, reported on Nov. 13. In the quarter, the company raised its full-year 2020 revenue range to $540 million-$560 million, which equates to 25%-30% annual revenue growth.
DraftKings also introduced 2021 revenue guidance of $750 million to $850 million, which equates to 45% year-over-year growth using the midpoints. The resumption of major sports such as the NBA, MLB, and the NHL in the third quarter, as well as the start of the NFL season, has generated tremendous customer engagement and revenue which implies that this stock would definitely see some significant upside.
Square
2020 was a very good year for Square. The company’s share price soared above 250% last year and was one of the pandemic winners in the market. Given the company’s fundamentals, Square's stock price will repeat the type of growth it saw in 2020. The services that Square provides -- particularly its Cash App, which allows people to send and receive money without physical contact -- have become more necessary during these times of social distancing and working from home. Revenue for the Cash App was up a whopping 574% year over year in the third quarter.
The company is also invested in bitcoin having out in seed capital in acquiring bitcoin. With bitcoin estimated to cross the $40,000 mark and possibly running as far as $146,000, this would shore up the company’s reserves.
GM
One reason why investors have been wary of the EV sector is the mounting debt and huge cash burn. This has made investors question the profitability of stocks in the electric vehicle space. With more EV stocks coming through the market through SPACS, investors are already mulling the idea that this may be a bubble. However, one company that many believe to have potential in the EV space is GM. Apart from having the infrastructure necessary to build cars, the company is can leverage its brand to ensure loyalty from customers. In addition, while other EV stocks such as Tesla and NIO may be fully stretched, share prices of General Motors are cheap, plus the company is been raking in profits.
In November, GM announced it plans to invest $27 billion in EV and autonomous vehicles through 2025. GM also plans to release 30 EV models globally by 2025. For comparison, Tesla currently has exactly four EV models. Earlier this week, the company signed a deal with Microsoft for its autonomous vehicles. GM continues to execute well on its Core and Future businesses and remains one of the best-positioned companies in our coverage over the long run. The stock is a good buy for the long haul.
AMD
As the digitalization of the world continues at an astronomic pace, microchips would continue to play a more prominent role. Already, there is a shortage of chips worldwide which means demand and prices would surge. One company poised to benefit from this growing demand is AMD. The company has managed to chip away at Intel's CPU dominance thanks to its superior product line, which is based on a smaller manufacturing node, allowing it to deliver better computing performance and reduce power consumption. The use of chips would continue to grow as more people are drawn to cryptocurrency mining, online gaming, and data center storage. AMD was one of the biggest winners in2020, and the trend is expected to continue well into this year. It is also one stock that may not be affected by the rotation into value as microchips would continue to be in demand.
TSM
Taiwan Semiconductor is a dedicated foundry that manufactures semiconductors for other companies. It aims to lead in both semiconductor technology and manufacturing, providing an open collaboration platform to build enduring trust with its customers.
The core strategy of Taiwan Semiconductor is its flexible business model. TSM does not need to design its own chips and prove its performance against the competitors; it only has to provide the technology and base for producers looking to make the best and fastest chips suited to their products' needs. By maintaining high-quality manufacturing processes and offering a collaborative platform to its customers, Taiwan Semiconductor ensures that it caters to producers across the spectrum even as technology rapidly evolves.
The company has experienced strong growth: From 2015 to 2019, net revenue increased by a solid 26.9%, while net income increased 12.7%. However, as smart technology has become ever more central to lives the company's growth has begun to heat up. In Q3 2020, the company boosted its net revenue by 21.6% year over year, while net income increased by 35.9%.
ETSY
Etsy provides an online e-commerce platform where creators of arts and crafts, vintage items, and other unique goods go to sell their products. Etsy has something that many high-growth companies don't -- a profitable business model. It boasts a trailing-12-month operating margin of 16%, making this unique online marketplace a buy today even at its premium valuation. It has outmaneuvered eBay (EBAY), avoided the Amazon (AMZN) crush, and dodged competition from Overstock.com (OSTK) and Wayfair (W).
When it reported third-quarter results on Oct. 28, Etsy reported a 128% leap in revenue to $451 million, well above Wall Street estimates of $412.7 million. Adjusted earnings came in at 70 cents, vs. estimates of 57 cents. In addition, gross merchandise sales jumped 119% to $2.6 billion.
Sunpower
Interest in renewable energy sources has soared immensely and continues to rise with each passing day. Two key forces are behind this surge: Increased awareness and urgency to address climate change, and falling costs of generation using renewables. Among renewable sources, solar energy looks most promising, due to its more predictable generation pattern. Solar's share in electricity generation is expected to rise from roughly 3% currently to more than 20% by 2050. SunPower (NASDAQ: SPWR) is one stock poised to benefit from these trends.
With a huge government push, California leads the way in solar adoption. Still, only 9% of homes in California have solar installations, representing a huge untapped market. In the new homes segment, SunPower has headway, having already worked with 18 of the top 20 builders in California. The company captures more than half of California's new homes market.
Its low-cost model positions it well to compete on pricing. The company can leverage its vast customer base to sell its storage products. Moreover, its leading position in the commercial and California's new homes market provide SunPower an edge over others in these segments.
PLUG
Plug power provides hydrogen fuel cell turnkey solutions to electric mobility and stationary power markets. The company continues innovating end-to-end hydrogen fuel solutions by harnessing its unique capabilities and is the largest buyer of liquid hydrogen in North America.
Though the company has not posted any profit, many hedge funds are bullish on the stock, with analysts having high recommendations. The company’s $1.5bn deal with South Korean conglomerate SK Group into American hydrogen company has certainly drawn a lot of attention, with many investors gauging the company’s profitability.
Plug Power’s core business is providing fuel cell-powered forklifts for commercial customers. However, it has expanded to hydrogen production following its acquisition of two hydrogen companies.
These acquisitions expand the plug’s addressable market which has already exceeded $30 billion. The resulting vertical integration of the acquisitions makes Plug Power an even stronger company as can now provide the hydrogen that powers its vehicles.
This definitely allows Plug to leverage on its already existing customer base which includes some of the best companies in the country. Plug Power raised its 2024 guidance to $1.2 billion in revenue and $200 million in operating income. Shares of PLUG have risen by 111% in the last month.
Tesla
Returning to the green-energy theme, Tesla is one stock that has significant upside. The company is positioned to benefit from the clean energy drive of the Biden administration. Apart from that, Tesla is the leader in its sector and continues to increase its delivery numbers. Tesla is now the most valuable auto company in the world. It has recently surpassed Facebook (FB) by market capitalization. The stock has recently received upgrades from analysts and if the EV market continues to evolve, Tesla would continue to be in the pole position, which gives it significant market share and of course revenue.
GrowGeneration Corp.
For those looking at balance sheets and income statements, GrowGeneration Corp is one highly profitable marijuana stock to watch in 2021. The company has the largest chain of specialty hydroponic and organic garden centers in the U.S. with 36 storefront locations. In essence, the company supplies products necessary for growing cannabis and works closely with major marijuana companies in the U.S. market.
Shares of Grow Generation returned a whopping 880.98% in 2020, posting the fastest-growing quarterly results in the industry. It is expected that the company would continue its momentum this year. The shares of the company have so far risen by 20% this year.
Additionally, the company continued strategic acquisition and expansion plans in the quarter, giving GrowGen more growth potential for 2021. It was easily one of the best performing cannabis stocks for 2020. In essence, GRWG stock showed greater market stability than other pot stocks in the U.S. in 2020.
Thanks for reading!
Checkout Afroxyz's page for more.

Managing risk to make money

There has been an influx of discussion surrounding GME recently in this sub. Because of the frenzy of speculation, I thought I'd share my thoughts on risk management when it comes to making money.
1. Don't be afraid of taking risks
If you take on risk, be sensible about it. Think about what you have at risk, what you have to gain, and what the chance of success is.
Say you have the opportunity to start a business. What have you got to lose? Maybe you need to quit your job and lose your income stream. Maybe the time you spend on your business could be better spent on your career. Maybe starting a business will put a lot of stress on your family.
What is there to gain? Maybe it's possible this will catapult you towards financial independence. Maybe you can spend a few years building up a business and be set for the rest of your life. Maybe starting a business will give you purpose in life.
What is the chance of success? Maybe there are forces working against you. Assess the risks. You won't know for sure what the future holds, but think about the probabilities of various scenarios. Then you can better mitigate your risks and work out how to lower them.
All of this risk management is the same when it comes to the stock market, or cryptocurrency or whatever other speculation. Write down what your risk to reward ratio is. If you risk $X, or Y amount of time, how much could you potentially gain?
For example, with a speculation or investment, it may be worthwhile to risk $1 to make $3 if there is a 50% chance of success. It may not be worthwhile to risk $1 to make $2 if there is only a 50% chance of success.
GME has been a rarity and most likely the reward for the early speculators has been way more than they anticipated. But if the risk was $50k to make $1m, then that could be well worth the risk. Similarly, if you were to invest into your own business, or quit your job, that could later turn into a multi-million dollar business, then that could be well worth the risk.
2. Do not gamble
Some people believe that putting money into GME was a gamble. I do not believe that is necessarily true. Of course many people were gambling, but most of the gamblers lost.
The difference between gambling and investing/speculating is a gamble is uncalculated, whereas an investment/speculation is calculated. Buying a lottery ticket is a gamble because you cannot realistically expect to win. Starting a business is an investment because you can calculate -- to a reasonable degree -- what are the risks and what are the rewards. When you invest in something you can calculate what you believe to be its value and make an assessment of what it may be worth in the future. When you speculate on something you can evaluate what are the catalysts, understand what may stop the catalysts and estimate what may be the result from the catalysts.
You cannot accurately estimate what the final reward will be, and that's okay. It'll probably be less than your estimations. Maybe it'll be more. You can make an assessment on whether the risk is worth taking. At least it is not a gamble where you have no clue what the odds are and you're almost guaranteed to lose. Gambling is just something to do for fun and you shouldn't expect it to be sensible.
3. You don't have to take on risks
Taking on risk is not necessary to become successful in life. You can work hard, put all your savings into reasonable investments like ETFs, and let compound interest do its magic.
If you're going to take on risk, make sure you're doing it because you've done your own research and it's worth it to you. Don't do it just because you want to jump on the bandwagon. FOMO rarely works out. You wouldn't start a business in a field you know nothing about just because your friend did it. Don't risk money on a speculation you don't understand the mechanics of just because some guy on reddit did it.
4. Do not risk more than you can afford to lose
You want to be able to live to see another day. It's okay to take on big risks. You can take on more risk if there is a higher probability of success. If there is a low probability of success, take on less risk. If you're young then it may be okay to risk your life savings because you have plenty of time to recover. If you're older then risking your life savings would probably be stupid.
There are no hard rules when it comes to how much you should risk. There are mathematical models you can use, but our emotions don't care about math. We are usually very good at overestimating our risk tolerance. You may think you're okay with risking $X, yet when you lose you may realize $X was way above your risk tolerance.
If your life would be dramatically impacted by losing $X, then do not risk $X.
5. Cut your losses quickly
You need to be confident when you take on risks. See them all the way through. If you're starting a business, put all your effort into it. If you're making an investment or speculation, stay with it until your thesis is either validated or invalidated. Don't be afraid of volatility or the ups and downs along the journey.
Continuously monitor your thesis and adjust as necessary. If your business model is not working, change it. If it can't be changed, then end it. Do not double down when you are losing.
If you make an investment or speculation, monitor it and compare it with your thesis (if you don't have a thesis then you're not investing or speculating, you're gambling). Is it doing what you expect it to do? If it isn't, get out. Don't watch it go all the way down to zero.
6. Double down when you are winning
Most people tend to cut their winners and double down on their losers. This is the opposite approach you should take. A winning investment is more likely to continue winning in the future. If it's winning, what's stopping it from winning even more? A losing investment is more likely to continue losing. If it's losing, why do you think it'll win in the future?
Winners win. Losers lose.
If you're working on a business and the business model has proven profitable, then it can make a lot of rational sense to double down and put more time or money into it. Likewise, if an investment is proving to be profitable, then it can make a lot of rational sense to double and and put more money into it.
7. Cut your profits and run
This one seems to be the hardest one for many to do. There is a difficult balance between not waiting long enough, and waiting too long. There's no perfect solution here.
In the GME trade I've seen people sell too early and miss out on huge gains. I've also seen people have huge paper gains and then go into the red.
Selling along the way can help psychologically, but is not always the best move. This is why it's so important to have a thesis. Once the thesis is broken and your investment is no longer doing what you expect it to, take your profits and run.
A business model may work today, but a competitor may arrive tomorrow and send you bankrupt. Keep your eyes open. If the game changes, cash out.

Don't invest recklessly - a few pointers for all the new guys.

[ CryptoCurrency ] Advice from someone who got "rekt": Stay away from trading, do your own research and INVEST only

DOGE, to the MOON? Then, YOU need the RIGHT ATTITUDE.

I agree with Elon Musk. DOGE is the people's crytocurrency. That is what makes DOGE great, but that's what also makes DOGE a problem. I see a lot of you dunking on the smaller investors of DOGE. If you want DOGE to grow as a currency, then you need to stop. Crypto currency is about decentralizing the financial markets. It's about removing a governing authority. Yet, many of you are trying to position yourselves as the new governing authority. You call those who are less fortunate than you all sorts of names that can't be said in a post, but can be said in the comments (for some reason) because they aren't holding the DOGE to MAKE YOU MORE WEALTHY. Isn't that exactly what the fat cats on Wall Street are doing? They are calling you dumb money and unsophisticated investors. Sadly, many of you are doing the very same thing when given an opportunity. You're looking down on those who are excited to sell off and earn $7.00 while many of you are making $7 grand. Gross.
This isn't Dark Souls the video game. This is real life for many people. The response of "git good" just doesn't apply here unless you want to take on the personas of the Wall Street Fat Cats you claim to hate. If you people with the money to spend are getting upset because the value of DOGE is fluctuating, or not seeing a bull rally to the extent that you wanted, then you are the unsophisticated investor. You should know better. Market value tends to fluctuate. Deal with it. If you got $7K in your account and you are getting upset that poor people are selling their DOGE for a $7 profit, then you are a product of your environment instead of an instigator of a financial revolution. What is the point of supporting cryptocurrency if you people are just going to be the new Wall Street fat cats who think those who aren't playing the game your way should just not play at all.
Many of you are becoming the corruption you claim to hate. Stop it. Reel yourself in.
I once had BlackBerry and Nokia stock, along with DOGE, about a year ago before everyone had a hardon for these assets. However, I went through a snow storm that cut power for a week. I worked from home at the time, so I had to take time off of work until I had power again. That snow melted and turned into a flood that wiped out everything I owned. I even lost my pet cockatiels whom meant everything thing to me. I took a while to get a job after Facebook canceled all of their independent contracts after the phone recording scandals. I was a transcriptionist doing transcripts for Facebook. I didn't have much more than a few pairs of clothes. It was hard to get a job because I didn't have the right clothes anymore. I had to sell off my stocksat a loss just to cover my body, cover rent, but a new phone, pay for service. It took me months to get a job until I got myself in a good position. Then, I found out in February of 2020 that I am going blind (glaucoma and macular degeneration). Just when I was starting to get my footing again, the pandemic hit. Then, the place I planned on moving to got burnt to the ground by wild fires. Blue River, Oregon essentially doesn't exist anymore. I also never got my $1,200 stimulus, nor my $600 stimulus. I also am still waiting to get three months worth of unemployment when the job I just got a year prior had to shut down due to state regulations on which businesses can be open. Now, I am at a pretty good job. I was getting ready to invest again, except that I am being charged for insurance and benefits already even though I don't get benefits and insurance for another two months. I am paying two insurance premiums right now until they refund me for the erroneous charges. I was going to use that money to buy contact lenses. Try having glaucoma and then wear glasses with a face mask. It just doesn't work.
Despite my place in society a year ago, many of you would hate me now because I sold $27 worth of DOGE why you Reddit Fat Cats sit on your $7K. Screw you.
Don't be awful. Don't be the corruption you claim to hate. If I need to sell all my DOGE so that I can afford to take my clothes to the laundromat for another week, then so be it. I get to decide what to do with my money. Not you. I don't get food stamps or subsidized housing from you. You don't get to tell me or anyone else what to do. If you want a DOGE revolution, then be the revolution. Don't be the corruption. If you have the luxury to hold the DOGE, then you have the financial stability to deal with it and let the little guys do what needs to be done to take care of themselves. It seems like many of you are getting upset because you aren't getting richer sooner than later, that is so Wall Street Hack of you.
TO THE LITTLE PEOPLE: I am sure DOGE will go to the moon, but that responsibility doesn't rest on your back solely. It has to be a community effort. If you need to sell your DOGE to make it another week in your meager lives, do it. I'm there with you and I am committed to getting out from this hole I am in, just like the rest of you. Don't let any of these Reddit Street Fat Cats tell you how to spend your money. It's called FUD. Fear. Uncertainty. Doubt. These people will try to make you question your choices for their own personal benefit. Don't let that happen. Take care of you. It doesn't matter if you buy DOGE this week or sell DOGE this week. Your participation alone will contribute to the strength of the DOGE. Even if everyone sat on their DOGE investments, new DOGE is "minted" (not proper term, cannot recall the proper term for the life of me - but the same sentiments applies) all the time. The value of DOGE will go down even if everyone sits on their DOGE but don't bring new participants to the currency. Your participation is more valuable than many of these people will let on. It will take time for DOGE to hit a $1. It's not going to happen if these people insist on being nasty to people like you, and thus discourage your participation. If these guys are so well off, they can go buy a $30K Bitcoin then. The fact that DOGE is only a few cents is what makes DOGE the cryptocurrency for the people, as Elon Musk said. It's a great way to experiment with crypto and get your feet wet without experiencing significant loss. Buy DOGE. Sell DOGE. Do what you want. It's people like you who create an economy, not the people who hold onto their wealth. Holding onto wealthy only benefits the person holding the wealth. They don't even get taxed the same as someone who makes short term sells. IRS will punish you for being in a desperate situation.
Maybe, someday, you will be in a better position to accumulate wealth instead of making gambles to get there. DOGE is a great way to practice money skills. Have fun. Experiment. Learn. Ignore anyone who tries to dictate your life. Seek meaningful advice, but avoid those who are trying to put thoughts in your head as a collective swindle. That's how Wall Street works. A lot of people are following bad examples. Be better than that. Maybe in a few years, it won't be Reddit versus Robinhood. Maybe, it will be YOU versus Reddit. Stick it to the man. Do it for the people. Do it for yourself. Don't do it for their ego.
Please be advised that I am not a financial advisor nor tax consultant, and any claim I have said here should be verified by a qualified third party, as a legal disclaimer.

A Theory on how to Maximize profits, Initiate the GME squeeze, and Save the Economy from crashing

DOGE DD: We are in the middle of a bubble

TLDR: Price expectations of $0.01-$0.20 in the next 1-3 years will depend on how popular DOGE remains, and online use cases. But right now this chart screams Bubble!
Preface: I am a CPA but also have an IQ of 69 and are what some refer to as ‘legally retarded’. This is just my own personal opinion and does not constitute financial advice. Never gamble more than you can afford to lose.
So I’m looking at Dogecoin prospects closely and it’s difficult to predict it’s true present or future value but these are the factors I have considered:
Market cap: how much all Dogecoins are worth (note: these were values at the time of writing and are still fluctuating massively). Right now it’s $5b making it a top 20 crypto-coin today. But they all get compared to the #1 coin, Bitcoin, which is currently worth $625b. Next is Ethereum at $150b, followed by $28b for Tether. Big differences. For Dogecoin to be top 5, it would need to hit $15b market cap and my best case expectation is $20b in the medium-long term (1-3 years). The $1 Dogecoin meme is highly unlikely as it would require toppling Ethereum. Not impossible, just unlikely, as Ethereum has been been designed for other use cases outside of finance and is already better established in the market. Tether is popular because it’ll store USD safely. Below Tether, the crypto field gets crowded which is why DOGE needs social media hyyype to grow it to position 4 or 5.
Supply: new DOGE are being added every year, whereas Bitcoins aren’t. Limited supply = higher price, which is why Bitcoin is considered a ‘store of value’, akin to gold. Since almost every crypto-coin is pegged against Bitcoin, that further solidifies its top position. Sorry to say Dogecoin can never be top dog. Dogecoins are, however, intended to be closer to a regular (central bank issued, or fiat) currency. Continual new supply will put downward pressure on prices. While better for a stable currency price since it counteracts inflation, it’s less ideal for a speculative investment. Look at Bitcoin Cash, it’s another fast, low fee, stable value. Overall it’s devalued since launch, but still has the potential for 2-4x gains if traded low to high. There’s also the threat of large scale mining operations flooding the market with DOGE while the coin base is still in it’s establishment phase.
Hype: Cryptocurrency, and especially Doge, is popular right now driving up short term prices. Early investors (pre-2021) have already made the most on a fast 800% growth, which to me indicates a bubble. Having spent some time comparing this price spike to every other top 10 coin, it’ll likely settle back to a price of $0.01 after the hype dies. But Reddit is pretty good at running a strong hype train, so it’s possible the rocket stays firmly on trajectory for a moon landing.
Will DOGE still be popular in 1 month, or 1 year? Sure, but will that make it valuable? Not necessarily. Bitcoin and alt-coins are popular too but are just as subject to wild swings in value.
DOGE is ideal for tipping people small amounts online (much funner to send someone a DOGE than it is a BitCoin Cash), as well as through merchant transactions since it’s faster than most other coins. And that brings us to Dogecoin’s major edge: marketing. It’s heckin logo being a much cute, very wow Shibe Inu 🐕 Social media engagement, memes, celebs amplifying the memes, and constant online presence would need to continue for it to remain popular and not just ‘the 2021 trading frenzy meme coin’.
Conclusion: I feel Dogecoin is a SELL because it’s in a bubble right now. For long term HODL I’ll wait until the bubble bursts so I can scoop them up 0.01. But I will hedge my own recommendation by buying 25,000 if the price drops under $0.03. If that’s contradictory to you, I’ll refer you back to my smooth brain IQ. Highest expectation of a $0.20 price is provided DOGE solidifies itself as a popular and stable Top 10 alt-coin. Major risks to that assessment are price volatilities related to potential overhype, unlimited supply, Dogecoin failing to find common online usage, and to an extent future merchant adoption. These factors combined would potentially see the currency wind all the back to $0.003.

Money is never enough, it's because of our greed...

Hey Reddit Fam,
Thought I wanted to share this... I have been a long time lurker but never really posted anything... A little bit about myself I'm 27m and from Australia...
I grew up with out having much money and pretty much living at the poverty line. Over time I started to learn and understand the concept of money, but one day thing's decided to take a change it's when I had a craving for more as my pay check wasn't enough.
In Australia we have the lottery and bookies, such as sports betting etc... The first few rounds you get a thrill and a rush that this is easy. Why work when I can just gamble a bit and win a days worth of pay with out breaking a sweat... ?
A small addiction at 18 years old till 21 lost me several thousands of dollars which could of been pocketed for better use... At the age of 22 I didn't really know anything about stocks but crypto currency was the hype. I decided to put money on crypto and would try to arbitrage and sell coins, win, loose, win and loose it all once again. Once again I had lost several thousands...
I decided to leave the space all together and decided to not gamble and touch crypto for 4-5 years which I had done very well. The next biggest phase was putting money into the stock market. Stock's is another different ball game as you can evaluate business and re-invest dividends or put money into index funds which are all forms of passive investments... The issue is that over the year's I have learned to turn off my emotion's when investing as it's more of a future outlook... But the issue is when you become extremely greedy and just wanting more and more...
You see a stock dropping 20%, 30%, 40%, instead of putting a few grand, you start to put $10K+ down and trying to break even or even 6 month's worth of your wages... You start to realise that us little investor's are getting fucked over and over everyday by these big banks and investment firms... My portfolio is very aggressive seeing swings of up to $2000 to -$2000 a day.. With the amount of money I currently have in investment's its more than enough to start a family and a house deposit... I'm not to worried about my stock market portfolio as it's not a form of gambling, but more of a greed addiction trying to accumulate as much capital as I can...
I later decided to get back into Cryptocurrency again and loosing a few hundred dollars triggered my brain, I was staring into charts for 8 hours today and yesterday trying to arbitrage and get my money back but in a logical sense I had no control as the market is yet being manipulated...
I get frustrated loosing a few hundred dollars, but not frustrated if I loose several thousands on a stock...
Getting back to the point, over the years I have realised that no matter how much money I have I will never ever be happy... My happiness level at $0.00 and now which is pretty much the same...
The reason is greed. The reason we gamble is all about greed, chasing our losses, stimulating our dopamine levels and just wanting MORE AND MORE...
You have to understand our own psychology and control our own emotions and greed other wise it will just destroy us. Happiness is within inside of us, it's about giving and receiving love... Don't ever let money take over your life, because money mean's nothing just a means to control our capitalist society...
I had posted a thread here that how I could of died in a car crash...https://www.reddit.com/offmychest/comments/l0ejza/i_could_of_been_killed_today_but_some_how_i_am/
If you read my post, I thank you for your time.
If any one would like to discuss or chat I'm more happy too...
Stay positive and try to be happy. :)

Doge is *not* a HODL coin; BTC is a long term hold coin. Which Alts are you seriously holding thru the drops because you believe in the tech?

Doge has no fundamentals other than to make a joke out of people. BTC is tried and true, not a project by any means... altho Lightning could still be categorized as a project, it appears it's starting to show signs of life.
What other coins are you really holding even if it goes up 10x in one day??? Or more realistically, 2x or 3x in a month or two?? Shouldn't it be a functional coin instead of a project with a ton of development?
Nano is probly tops for me. Has plenty of selling points, which turns it into a hype train, I think for good reason. Nano is the coin that should've gone viral, as it would've actually made sense for people to keep their money in Nano as it's already functional and there's ZERO inflation (far from Doge mining almost 15,000,000 new Doge every day). Altho, I think a lot about it has changed in the past couple of years. Originally, account balances weren't stored on an immutable ledger, I believe, but now they are?? (... if what I just read was correct). What's the real drawback other than how the coins have already been distributed thru means of pre-funding to some lucky whales, and people who knew about faucets. :-/. I know there must be some other disadvantages, tho, right?
Other than Nano, Monero is the only other alt coin that I've thrown money at so far, because I mean... damn... who doesn't like freedom?!? BTC with privacy mode set to default is pretty ideal for a currency. Definitely a cause to fight for by holding long term!! Just as unstoppable as BTC, yet without the hard cap it might never be referred to as "digital gold", even tho a steady inflation rate may be healthy for an ever growing economy (more babies!). While I might have seen the purpose in Monero's "tail emissions" to well into the future... what's strange to me is that these tail emissions of 0.6 XMR every 2 minutes will begin as early as NEXT YEAR (16 months to be exact). Seems like it's gonna miss a lot of built-in FOMO from BTC's long term plan of halving every 4 years over the next 120 more years.
Chainlink seems interesting, and I while I know it's a pretty reliable, legit backbone "oracle infrastructure" that is functioning, I don't really understand it. Is it really going to see exponential growth or growth that doubles or triples every year on average? Is it even considered a cryptocurrency? ... or is it just a cryptoasset? Really haven't looked into this enough because I didn't see any appeal as a currency... Not the most secure, not the fastest, not the most secure.. so where is the appeal to the masses as a long-term play?
Cardano is really the only other thing that I'd consider based on the hype in this sub-reddit, but it's not really "ready" yet, is it? Seems like a REAL gamble to me, just to help fund the development of some really awesome open source code that'll probly end up just wrapping BTC.
Is XLM a long-term hold? I feel like it could get some pumps with people looking for a super cheap coin... but not sure I could consider it long term, could I? Something I'd definitely need to watch like a hawk, imo, and then have to worry about calculating capital gains tax... What does it do that Nano or BTC with Lightning doesn't already do?
Am I missing any other long-term holds for my consideration??

It was never about scaling, they (Bitcoin Core) understand Lightning Network does not work. I won't write on the reasons they took that route, but here is what I think is going to happen.

There are very few opportunities like investing in Bitcoin in its early days, probably unique in human history. A simple plan to create a decentralized peer to peer currency that will allow anyone in the world to transact without intermediaries or borders. A small-time investment learning how it works would have turned into millions or billions of dollars, many of us did not learn things early enough.
A few years ago Bitcoin started to grow rapidly, people found they could send money anywhere in the world just like an email. Uncensorable, fast and cheap. Big companies like Microsoft and Steam accepted Bitcoin as payment for their services. The list of merchants started to grow. More users, and merchants, and a growing network effect resulted in an increase of the Bitcoin price. It was fast, cheap, frictionless. Then the blocks became full. Many including the initial Bitcoin developers proposed to remove what was a temporary cap in the block-size, only to be blocked out. Things started to change.
"Gavin is right. The time to increase the block size limit is before transaction processing shows congestion problems. Discuss now, do soon". Andreas Antonopolous. Bitcoin advocate.https://twitter.com/aantonop/status/595601619581964289 .
"WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."Satoshi Nakamoto writer of Bitcoin white paper titled "Bitcoin, peer to peer electronic Cash".
DEC 2013:
"Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling" Michael Saylor. "Rocket scientist".https://twitter.com/michael_saylostatus/413478389329428480?lang=en"
DEC 2020:
"Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy." Michael Saylor. "Rocket scientist".https://twitter.com/michael_saylostatus/1307029562321231873
The hornets understand politics, power, and persuasion. And so the Bitcoin Core value proposition was changed from Peer to Peer electronic cash for the world to "hodl, numbers go up". But do these "rocket scientists" understand basic Math? You see, Bitcoin Core's new model changed the basics of Bitcoin's value proposition. As the price goes up it requires more money to have a price increase. Further, the increase of friction and fees make it more difficult for people to join THEIR network, thus destroying its own network effect. Small blocks imposed by the hornets, turned into high transaction fees, resulting in fewer people joining and no businesses accepting it as payment.
Why would anyone invest in Bitcoin Core if they will have to pay hundreds if not thousands of dollars to get control of their private keys while its network effect diminishes? Hornets solution are custodial wallets also known as Paypal that do not let users have control of their private keys:
https://twitter.com/rogerkvestatus/1340799990013300736

We must remember why did Bitcoin have value in the first place. Why didn't Satoshi just sell all the Bitcoin instead of giving them away? NETWORK EFFECT. As the number of participants increases on the Network so does its usefulness, its value. More people own it, more businesses accept it. Is more useful, it is more valuable. But now with the new Bitcoin Core narrative of Bitcoin as digital gold instead of the original Peer to Peer electronic cash, As price increases for Bitcoin Core, so does its risk. A higher price turns into a diminishing Network Effect. Fewer people can be part of the network. And so the Network effect moves somewhere else. Creating an incentive for Bitcoin Core investors to also move their funds early for high returns at a lower risk. In other words, for Bitcoin Core higher price results in lower possible gains and higher risk.
Imagine a rocket to the moon, with a lot of weight (banks and corporations) and tiny block engines. The more corporations buy-in pricing out small buyers, the heavier the rocket gets. COMMON PEOPLE LIKE YOU AND ME ARE THE ENGINES OF A CRYPTOCURRENCY. Banks and corporations are worth nothing without us.
As an early Bitcoiner writes it: https://twitter.com/CobraBitcoin/status/1340688841909432325
For Bitcoin Core, there is always a risk of a run towards a more useful decentralized platform. The trigger will be people understanding how it works once the Bitcoin Core blocks are constantly full. A bull run as we have never seen before in history will happen, first slow then all sudden.
Even if is not Bitcoin Cash (I do believe it will be Bitcoin Cash), there is no stopping CryptoCurrencies from changing this world. Lightning Network Math is broken, and you can't "fix Math" with politics. The hornets kicked the can down the road a few years, and just like 10 years ago an even Bigger less risky investment is waiting for you to do the reading and collect your fortune.
"But the lightning network will solve everything in 18 months".- It does not, it was never about LN, if you still believe it you were bamboozled. You can hear it directly from its inventor: https://www.reddit.com/btc/comments/khkedq/creator_of_lightning_network_that_type_of/
The hornets are deceiving you, and play it nice with you because without you they can't win. They need you to obey and "hodl".
This is not investment advice, PLEASE read and understand the basic ideas behind Bitcoin. The best place to start is the original Bitcoin White paper by Satoshi Nakamoto.
AND ALWAYS REMEMBER, NOT YOUR KEYS, NOT YOUR COINS.
Would anyone care to draw a Red Fat rocket vs a Green SpaceX spaceship? Thank you.

An Island Nation with Bitcoin as the currency

Hello all,
I am here with my plan for my subreddit Reddit Nation
If you are interested in joining a (hopefully) newly formed island nation then this is the place to be.
I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request.
Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan.
Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)

Acquire the island
Set up the initial infrastructure
1. Form of Government that I propose is a constitutional monarchy
  1. Country will be run as a democracy (two chamber form of parliament)
  2. Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
2. Establishment of the Government Building
  1. For now this is where the government will convene until more infrastructure is added and the island is improved.
  2. People will be made citizens at this location
3. Establishment of Civil Services
  1. Waste collection, Police, Social Services
4. Establishment of a Port
  1. This will allow supplies to enter the island.
  2. This will allow for the island to participate with the rest of the world economically(I will expand on this later).
  3. The port will function as the entrance point and exit until the runway can be constructed.
5. Establishment of Resident Housing
  1. This temporary housing will be until the island can be developed and more permanent buildings can be put up.
  2. Resident Housing and the Government building will be set up near the port until island development is completed
6. Set up a massive solar powered crypto mining operation to help finance further development of the island
  1. A partnership with big mining companies can be brokered to have this set up
Make the Island a desirable location
1. Set up the island as a luxury city
  1. Free housing for citizens
  2. Free healthcare for citizens
  3. Free schooling and university for citizens
2. Build resorts and legalize gambling on the island
  1. The revenue generated from such activities will help finance further development of the island
  2. With the revenue generated from this, the island will be able to provide for the residents a luxury city
  3. The gambling industry investments will help to finance the island as well
3. Make the island a banking haven
  1. Set up a bank on the island
  2. No KYC laws will be enforced on the island
  3. This will attract forgien investment into the island
4. Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
5. No income tax,sales tax, capital gains tax or corporate on the island
  1. Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
  2. This will help attract a lot more forgien investment as well
  3. Will attract companies to set up offices here and thus bring jobs to the island.
Expand on the island infrastructure
1. Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
2. Build more free luxury housing for residents
3. Establish schools and universities
4. Establish libraries
5. Establish Museums
6. Establish a healthcare system
Enjoy the luxury haven of an Island that we have built

Now for the question of how much this island will cost and how we will get the funding
According to my calculations (you can look at them below) it will cost us $2,600,000

The Island itself
- 500,000
The Port
- 200,000 to build
  - This will benefit us later when we receive forgien investments
- 500,000 for 250 passenger ferry
  - We will budget around 100,000 for operating costs
Initial Buildings
- 1,000,000
  - These buildings will be permanently built but occupied until the island is built and then will be sold off to recoup the investment.
  - Buildings include
Civil Services
- Around 50,000 to purchase initial equipment and medical supplies
- Another 100,000 to purchase ATVs
- Another 100,000 to purchase off roading vehicles
Bitcoin mining operation
- We will get the money for the operation by partnering with a large company
Water Purification
- 50,000
Food Supply
- We will purchase MRE’s and other preserved food products for the island
- An exact count of this cannot be made until we move further into the plan
Further development of the island
- This will be financed by the forgien investments in regards to banking, gambling and tourism along with money raised from property taxes

Now in regards to how we will raise that sum

We will sell off noble titles (this is why we will set up a constitutional monarchy)
- While no price has been established yet, the titles for sale can include
  - Duke, Duchess.
  - Marquess, Marchioness.
  - Earl, Countess.
  - Viscount, Viscountess.
  - Baron, Baroness.
A small percentage of the island (less than 25%) will be earmarked for sale immediately. The part earmarked for sale will be part of the planned downtown district/capital and developers of this land will be allowed to build whatever structures they want and won't have the problem of jumping through hoops like zoning laws.
- On a 60 acre island, 15 acres would be marked for sale
  - The acres on this haven of an island will be sold for 250,000 each so the island would raise 4.5 million and the sale of said acres will help kickstart the massive infrastructure of the island and provide the island with adequate funding.
Once the island is set up, the island will continue to profit from digital activities which will allow it to not have to charge an income tax or corporate tax
- Digital activities include the solar powered bitcoin mining operation
  - We will partner with an existing bitcoin company for this
- Solar powered web hosting
People can become citizens for a fee of $10 which will mainly go to the printing of their ID and filing in the government archives but the island will profit a few dollars off of this

If you have made it this far, please join the subreddit for this plan
More information to come soon, thank you.

[ CryptoCurrency ] Except for the "network effect" obviously still lacking, is there any more scarce, more fast, decentralized, scalable coin than NANO ? It looks like the perfect digital gold on top of being a superior e-cash

Pretty Decent Crew Newsletter: Trading Week Ending February 5th 2021

Dear Member,
Hello fellow degenerate gambler! May I introduce you to the Pretty Decent Crew's newsletter for the trading week ending on February 5th? We hope that this email finds you well and sitting on piles of gold like Smog.
First things first, "these unprecedented times" have opened the door for more volatility than we could have ever imagined. I pray that you are already in on GME, AMC, NOK, and every other short you can possibly buy to screw the rich. On that note, you probably missed the boat for this game. Unless you're selling short-term deep OTM puts, you should probably steer clear of this hype train. With this in mind, we need to be looking forward to the outcome of this situation. There are a few outcomes that may arise and none of them involve staying on shorts forever. Options:

People lose faith in the system and cryptocurrency's institutional demand increases.
The current system is screwed and market volatility continues to rise.
Literally nothing changes and the world's greatest casino continues to ruin peoples' lives.

Personally, I think we will see a combination of the three. Cryptocurrencies will take a big hit with India possibly banning all private crypto, but the steady rise in demand will continue with its massive bull and bear runs. Please note the volatility of all cryptocurrencies is unlikely to change for a very long time. That being said, cryptocurrency mining operations should rise in value given the ever waning Bitcoin available.
Here is my biggest current look: VXX/VIXY. The current short-squeeze obsessed market has caused the rest of the market to fluctuate dramatically. SPY down 2% Friday alone and ~3.75% on the week. The fear is that so many people are getting involved in the squeeze (which they know nothing about), that money is moving in and out of places it never would have before. The other side is based on rumor. This would be that all the major hedge funds are either being screwed by the squeeze OR getting in on the squeeze to screw their competitors. This would make sense given the immense purchases of GME and AMC that have been seen throughout the week during short ladder attacks. All of this play and movement make the volatility go up dramatically. If this continues for another week, or even two, VXX and VIXY will continue to rise. BUT: if this madness does truly set off a major problem that causes the market to enter a tumultuous time, the volatility will continue to rise beyond the next few weeks and we could cash in on VXX/VIXY.

VXX (or VIXY)
- "The VIX reflects investors' expectations about the short-term direction of the S&P 500 by assessing current prices for put and call options tied to the widely followed index."
- The market is getting volatile. VXX is up 28% this week alone. If the shorting surge continues over the next week or two, the VXX is going to pop. A lot of people are going to say this doesn't mean anything, but that's a lie and we all know it. WSB has grown by over 6,000,000 in the last two weeks. This of course dilutes the quality of content, but it increases the number of degenerate gamblers making absolutely horrendous bets on stocks that aren't worth anything at all.
- Full disclosure, I intend to hold VXX calls for the next 6-8 weeks at least. If the squeeze hype continues, I'll hold calls through April.

MARA
- "Marathon is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets."
- Draw back last week, moving up this week towards new ATHs. Cryptocurrency will likely continue to rise over the coming year. The play here is obviously not short term returns. The play is holding a company that will be worth 2-3x in the coming years.

RIOT (Listen, I know it's basically MARA but already in action.)
- "Riot Blockchain is focused on supporting the bitcoin ecosystem through proof-of-work mining."
- RIOT had a bad couple of weeks and is now right back on track with its three month moving average. The volatility here is inevitable given the movements in BTC and associated blockchain infrastructure. The goal here is to cash in on peoples' interest in leaving the traditional market and moving a portion of their portfolio into crypto.

CCIV
- Let's be real, buying SPACs in hopes of acquisition is basically like buying naked calls. We are all hoping and praying that it goes through, but the chances are low. Here is the deal, they have a possible acquisition of Lucid motors and I want to be in on it. For the record, there were 10 very successful SPACs last year so it's a possibility. Also, it might drop right back to $10 so YOLO.

PSTH
- This is another SPAC (*sigh*). This one is owned by Bill Ackman and has some huge rumors floating around who they're going to acquire. The thing here is that the opportunity could be massive, and the downside is it could go right back to $22 a share (or less). I'm not going all in on this, but I'm 100% willing to hold a stack of shares to gamble on the opportunity.

ICLN / LIT - These have had terrible weeks, but if we zoom out and look at our moving averages.
- LIT down 9.2%, same position as four weeks ago.
- ICLN down 8.3%, same position as three weeks ago.
- These two are NOT short term holds. I still believe in Sleepy Joe showing up to save the day for LIT and ICLN in the next year. The idea of these completely collapsing is crazy during the Biden presidency. The primary look here is slightly OTM calls for July 2020 and January 2021. Given the slide over the last week, this is a huge opportunity to buy low premium calls for January 2021 specifically (December 2020 for LIT).
- Full disclosure the LIT premiums suck across the board until you get deep ITM (obviously) so I'm probably not touching this nonsense.

SPCE - Full disclosure: I don't believe in this at all!
- SPCE was shorted heavily and the stock is rising. This much is a fact. The problem is that people obviously want to hop on the bandwagon and then hold. WIth that in mind, the fluctuations currently don't accurately reflect the true changes in "shorting." In addition, the fluctuations may have allowed the short sellers to move positions to cover their losses. If you can find a low premium OTM call for one or two weeks out, this might be a spectacular play, but you also might lose it all. Once we see the short data on Tuesday, we should have a better idea on what will happen. Final thought, I'm grabbing a weekly OTM call on Monday before data comes out just in case the short data makes everyone hop on this hype train too.
- https://www.reddit.com/smallstreetbets/comments/l8vt47/why\_spce\_will\_go\_to\_the\_moon\_like\_gme\_and\_tsla/

Sincerely,
Lehman Brothers' Risk Management Department p.s. Hold The Line.
p.s.s. Who cares if it crashes the whole market? We're holding crypto and VXX.

cryptocurrency gambling reddit video

Cryptocurrency helps them save money on deposit and payout fees, chargeback fees, and more. They then pass on some of these savings to you in the form of frequent bonuses and promotions and other methods that help you in the end. Good for everyone. Gambling cryptocurrency has never been this popular. Drawbacks of Bitcoin betting sites Using cryptocurrency for gambling is the clear choice for people who are unsure whether a centralised organisation will determine odds in a fair way or have sufficient funds to pay out winnings. Get cryptocurrency world updates, news, prices and discussions on mining, exchange platforms and more on Chaintimes. Reddit cryptocurrency involves articles and media from Reddit based on the crypto world. Over this land, you can make your own virtual world or games or casinos to monetize it with its native cryptocurrency called MANA. Here, your imagination is the limit: go to a casino, watch live music, attend a workshop, shop with friends, start a business, test drive a car, visit an underwater resort, and much, much more – all in a 360-degree, virtual world. If you’ve been in the online gambling world for more than a few years, you likely remember what it was like in the ‘wild west’ days.. Many cowboys dotted the industry landscape, but over time sheriffs moved in, and order in many towns was established. Now we are at the dawn of a new wild west era in online gambling: the era of cryptocurrency. Gambling operators must not leave any stone unturned, as regards availing intuitive and responsive interface. In essence, users should find it effortless to navigate the cryptocurrency gambling website and have quick access to new updates. It will surprise you how much players lose as a result of a poor or slow interface. Let’s discuss the top 12 cryptocurrency gambling platforms that have impacted the crypto space: 1. 1xBit: 1xBit is one of the best platforms one for cryptocurrency gambling. The casino games on this site are fantastic. Most of the betting is done in the domain of sports. Going to make a secondary wallet for any transfers to the online casino platform. VS straight from Coinbase. Wondering if it would be safe or smart … Gambling online with cryptocurrency can be stressful, especially because a lot of the newer sites that enter the scene seemingly overnight have the potential to be scamming you. Sadly, there are sites out there that will try to steal your entire online wallet full of the cryptocurrencies you’ve bought and collected. By gambling I mean Casino, sportsbetting or Poker. Any of the three works, The official source for CryptoCurrency News, Discussion & Analysis. 1.2m. Members. 4.6k. Online. Created Mar 11, 2013. Join. Community Points. help Reddit App Reddit coins Reddit premium Reddit gifts.

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How to Buy Cryptocurrency for Beginners (Ultimate Step-by ...

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44+ Best Cryptocurrency and Bitcoin Gambling Sites

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GIFcoin Token

FortuneJackCasino

r/deals: Make your wallet happy!

BlockBurn is creating a new and innovation form of mobile gaming and gambling, playing for cryptocurrency in a fun and engaging way. Blockburn successfully sold out in 5 mins in their 1st round of IEO yesterday. IEO 2nd round starts 20th of February - https://www.reddit.com/user/BlockBurnofficial/

User in Cryptocurrency gambling thread claims he predicted exactly how the Mayweather/McGregor fight ends, doesn't understand how Reddit timestamps works (x-post /quityourbullshit)

Bitcoin mentioned around Reddit: How To Get Started With Bitcoin Gambling? /r/CryptoCurrencies

The Mods of WSB & A Coordinated AMC Pump

Bitcoin mentioned around Reddit: 99.9% Dice - Bitcoin, Dogecoin, Litecoin, Ethereum & Monero Gambling/ A simple Dice game that with one roll of the dice you can bet Bitcoin as well as a few other Cryptocurrencies. /r/onions

PSA for new Dogecoin / Crypto buyers

Is BigToken one of the most undervalued penny stocks in the market?

Inside the murky world of investment advice on YouTube

Gamble with Cryptocurrency on Reddit (18 different supported)

10 Stocks to Invest your $2000 Stimulus on

Managing risk to make money

Don't invest recklessly - a few pointers for all the new guys.

[ CryptoCurrency ] Advice from someone who got "rekt": Stay away from trading, do your own research and INVEST only

Topic originally posted in CryptoCurrency by done8989 [link]

done8989 your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].

DOGE, to the MOON? Then, YOU need the RIGHT ATTITUDE.

A Theory on how to Maximize profits, Initiate the GME squeeze, and Save the Economy from crashing

DOGE DD: We are in the middle of a bubble

Money is never enough, it's because of our greed...

Doge is not a HODL coin; BTC is a long term hold coin. Which Alts are you seriously holding thru the drops because you believe in the tech?

It was never about scaling, they (Bitcoin Core) understand Lightning Network does not work. I won't write on the reasons they took that route, but here is what I think is going to happen.

An Island Nation with Bitcoin as the currency

[ CryptoCurrency ] Except for the "network effect" obviously still lacking, is there any more scarce, more fast, decentralized, scalable coin than NANO ? It looks like the perfect digital gold on top of being a superior e-cash

Topic originally posted in CryptoCurrency by DMAA79 [link]

DMAA79 your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].

Pretty Decent Crew Newsletter: Trading Week Ending February 5th 2021

cryptocurrency gambling reddit video

cryptocurrency gambling reddit top

How to Buy Cryptocurrency for Beginners (Ultimate Step-by ...

44+ Best Cryptocurrency and Bitcoin Gambling Sites

cryptocurrency gambling reddit

cryptocurrency gambling reddit - win

GIFcoin Token

FortuneJackCasino

r/deals: Make your wallet happy!

BlockBurn is creating a new and innovation form of mobile gaming and gambling, playing for cryptocurrency in a fun and engaging way. Blockburn successfully sold out in 5 mins in their 1st round of IEO yesterday. IEO 2nd round starts 20th of February - https://www.reddit.com/user/BlockBurnofficial/

User in Cryptocurrency gambling thread claims he predicted exactly how the Mayweather/McGregor fight ends, doesn't understand how Reddit timestamps works (x-post /quityourbullshit)

Bitcoin mentioned around Reddit: How To Get Started With Bitcoin Gambling? /r/CryptoCurrencies

The Mods of WSB & A Coordinated AMC Pump

Bitcoin mentioned around Reddit: 99.9% Dice - Bitcoin, Dogecoin, Litecoin, Ethereum &amp; Monero Gambling/ A simple Dice game that with one roll of the dice you can bet Bitcoin as well as a few other Cryptocurrencies. /r/onions

PSA for new Dogecoin / Crypto buyers

Is BigToken one of the most undervalued penny stocks in the market?

Inside the murky world of investment advice on YouTube

Gamble with Cryptocurrency on Reddit (18 different supported)

10 Stocks to Invest your $2000 Stimulus on

Managing risk to make money

Don't invest recklessly - a few pointers for all the new guys.

[ CryptoCurrency ] Advice from someone who got "rekt": Stay away from trading, do your own research and INVEST only

Topic originally posted in CryptoCurrency by done8989 [link]

done8989 your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].

DOGE, to the MOON? Then, YOU need the RIGHT ATTITUDE.

A Theory on how to Maximize profits, Initiate the GME squeeze, and Save the Economy from crashing

DOGE DD: We are in the middle of a bubble

Money is never enough, it's because of our greed...

Doge is *not* a HODL coin; BTC is a long term hold coin. Which Alts are you seriously holding thru the drops because you believe in the tech?

It was never about scaling, they (Bitcoin Core) understand Lightning Network does not work. I won't write on the reasons they took that route, but here is what I think is going to happen.

An Island Nation with Bitcoin as the currency

[ CryptoCurrency ] Except for the "network effect" obviously still lacking, is there any more scarce, more fast, decentralized, scalable coin than NANO ? It looks like the perfect digital gold on top of being a superior e-cash

Topic originally posted in CryptoCurrency by DMAA79 [link]

DMAA79 your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].

Pretty Decent Crew Newsletter: Trading Week Ending February 5th 2021

cryptocurrency gambling reddit video

cryptocurrency gambling reddit top

How to Buy Cryptocurrency for Beginners (Ultimate Step-by ...

Bitcoin mentioned around Reddit: 99.9% Dice - Bitcoin, Dogecoin, Litecoin, Ethereum & Monero Gambling/ A simple Dice game that with one roll of the dice you can bet Bitcoin as well as a few other Cryptocurrencies. /r/onions

Doge is not a HODL coin; BTC is a long term hold coin. Which Alts are you seriously holding thru the drops because you believe in the tech?