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by smcn
1135 days ago
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Memes are information, that's all. Just a way of imparting information in an easily digestible manner. You are really deep into this belief and it's pretty surreal. It's easy to rug pull a cryptocoin that you created. It is not easy to pump and dump stocks with over 500m market cap. WSB is open, I wish you'd just take the time to debunk your own beliefs. |
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The pump (meme the stock up), then dump (aka: Roaring Kitty becomes a millionaire). That's it. Its really straight forward. The question is how many people can you trick or rope into the scheme, that's all.
"Boiler Rooms" in the 90s did the same thing, just with far less efficiency than WSB. That's all I'm saying. WSB is the "best" at the job. Yeah, spreading rumors (some true, some not), but all for the purposes of making the rumor-spreader more money. Just because YOU call it a "meme" doesn't change the fundamental rumor-spreading behavior here.