Replying to Avatar Roberto Rios (Peruvian Bull)

The price of GameStop hit $80 in premarket trading today, and then collapse all the way back down to 39.

This is not retail. Most small investors don’t have access to premarket, trading and disposable income is basically drained from the pandemic stimulus.

There are massive institutions that have a vested interest in GameStop, and they shorted more shares than exist, which created wall of failure to delivers, which occasionally come back in the form of these price spikes .

This is all the more evidence that the Fiat financial system is completely broken, and bitcoin is the solution.

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bitcarnicoin 1y ago

Pension funds are buying bitcoin and high time preference degenerates are gambling on gamestop because of some randos tweet.

hfsp

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