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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by ahepp on Wednesday January 27, 2021 @05:37PM (#25935099)
you may be overestimating the responsibility of the people involved

I remember reading about people mortgaging their house to get into bitcoin, etc.

I don't know how the coming days will play out, but I'm quite confident when this is all over we'll be treated to stories in the NYT about how someone lost their life savings, alongside calls for regulation.

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Re:GameStop Is Rage Against the Financial Machine by swiley on Wednesday January 27, 2021 @05:40PM (#25935131)
I used to hang out in that subreddit before I deleted my account. Most of them are a) lurking b) goofing around with maybe a few hundred dollars (I was in that category) c) people from hedge funds

There was a tiny minority that did stupid things like buy $20k of options on credit cards but there's a minority of stupid people like that everywhere.

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Re:GameStop Is Rage Against the Financial Machine by imtringued on Wednesday January 27, 2021 @06:01PM (#25935364)
That subreddit was built around losing money on bad trades.
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