News for hackers. Stuff that matters.
Re:The nihilism of r/wallstreetbets by ookblah on Monday January 25, 2021 @03:37PM (#25908447)
uh, there's way too much analysis here lol. at it's core it's a fun distraction and people are gamblers. it's no different than fantasy football or going to your local casino.

there's a big subset there that is obviously cash strapped and desperate. there are also people there with 6-7 figure net worths that are just passing the time.

the DD is actually "okay" once you cut thru the lingo and I'd be willing to bet most people learn a lot about market mentality with trial by fire.

short squeeze ain't over btw

Re:The nihilism of r/wallstreetbets by whimsicalism on Monday January 25, 2021 @03:39PM (#25908486)
> at it's core it's a fun distraction and people are gamblers. it's no different than fantasy football or going to your local casino

I think the cultural links with 4chan are interesting and non-obvious to someone who didn't grow up knowing about those sorts of communities.

Re:The nihilism of r/wallstreetbets by aynyc on Monday January 25, 2021 @03:58PM (#25908774)
Well, you can't really change the odds or outcome of fantasy footballs or casinos. But at WSB, with enough retards (WSB terms), they can change the outcome.
Re:The nihilism of r/wallstreetbets by quineoa on Monday January 25, 2021 @04:04PM (#25908869)
Is it necessary to replicate the insensitive language here? I suppose the point could have come across without adopting the WSB usage in the same way.
Re:The nihilism of r/wallstreetbets by at_a_remove on Tuesday January 26, 2021 @03:59PM (#25920985)
Your unwillingness to even look at the "insensitive language" is part of the point of that group. Recall how anti facial recognition technologies have sprung up, guerrilla style, like "Dazzle." Similarly, these groups who do not want certain types of people looking at them adopt this language and behold, some do indeed look away.
Re:The nihilism of r/wallstreetbets by fuzzer37 on Monday January 25, 2021 @04:27PM (#25909153)
It's on a post directly referencing the /r/WSB board. I don't think it's out of character to use their language.
Re:The nihilism of r/wallstreetbets by lazyasciiart on Monday January 25, 2021 @03:44PM (#25908555)
There's a lot of analysis to do on people at a casino as well, and I expect there's actually a significant demographic difference between them and r/wsb. Fantasy sports probably has a closer profile. And there is a LOT of money to be made analysing why people who like gambling do one type or another.