Anecdotal evidence on Twitter suggesting heavy shorts have been going in on it, driving it down. Lots getting liquidated though.
Also, coinbase was number 1 app download for a while yesterday I believe. But they updated their kyc requirements as well to be uploading 3 months bank statements and explaining where you got the money you're depositing...
You have links for the shorting?
After gme saga I really don't like short sellers
bit different when it's a meme and not peoples livelihood
The meme just highlighted the atrocious behaviour of some big corporations...
Meme coins were only ever created to be meme coins.
GME was a legit business once upon a time.
Shorting a novelty crypto currency seems fair game since its creation is just as cynical as the shorting
When GME went meme then it definitely exposed some issues with the industry.
But I’m not sure shorting a meme coin exposes anything much
Lol I bought some Dogecoin back in November 😂😂
Cashing that out
Gone up about 100x… how much did you buy?!
Oh I get you! Still don't like shitty shorters
Just looked, £150
That period of time was mad - a few punts here and there will have set people up for life.
Should help ease the pain of the EOS I bought at a very frothy price and all going into Facebook now
Following on from earlier about putting a whole chunk in premium bonds, is there a suitable low-risk Vanguard fund I can just dump in and set and forget for 3-5 years?
The more I look at the PB calculator it seems pointless
Vanguard offer short-term bond index funds and you can filter their product list by risk level on their website (https://www.vanguardinvestor.co.uk/what-we-offer/all-products)
3 - 5 years is a short time horizon so I'd be wary of downturns. If you want zero risk but low reward, maybe consider a fixed term bond product?
^ this is why PBs get used bc they’re dead easy and secure but agree the rewards are smallish
If I had 3-5 years I’d stick it across a mix of the big giant tech stocks (Apple, Facebook, Microsoft, alphabet)
what @duncs said
EOS! 2017 wants it's ghost chain back
Punters gonna punt!
When Uber drivers are trading at the wheel - gotta think the short might be on
serious fomo going on here, only +4k on a 15k portfolio
Owns SHIBA as well, going to end in tears if more than a quarter of that portfolio is in SHIBA
I'm so glad I'm subject to a 90 day holding period because of work and can't even contemplate this madness.
Doing well there...
I get it, Justin Sun convinced me Tron was making a comeback earlier in the year
37.99% gains? Get that guy/gal talking, see what they know.
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