# Game Over (Game On?) for Financial Markets? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 14, 2008, 6:45pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908 "2008-09-14T18:45:10Z")\ **Posts on this page:** 20\ **Page:** 104
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [July 19, 2021, 3:37pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2061 "2021-07-19T15:37:59Z")
Been waiting too ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [July 19, 2021, 4:12pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2062 "2021-07-19T16:12:50Z")
what are you boys responding too on these points? did i miss something? ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [July 19, 2021, 4:17pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2063 "2021-07-19T16:17:05Z")
I don’t know shit about stocks or bitcoin which may come off as surprising. I just follow whatever you (@bing) and reddit says. Apparently it’s coming. I paid off my house cause of @bing back in 2017 when you bought all your weed stocks. Rode Canopy from 10$ and sold at 50. I have no idea how any of this financial stuff works, but the majority of my money is in index funds so I do great. Best of luck to all at the casino. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [July 19, 2021, 4:35pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2064 "2021-07-19T16:35:58Z")
yeah honestly, who knows. i am sure there are plenty of crises being prepared for us as the covid-narrative falls apart. We will be punished for seeing the truth as we were for everything revealed by GEOTUS ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [February 18, 2022, 5:35pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2065 "2022-02-18T17:35:42Z")
had a wash sale on gamestop that cost me an extra 2 grand on my taxes \>:( ---
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [May 5, 2022, 4:52pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2066 "2022-05-05T16:52:06Z")
See you in a couple of years…its been fun ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [May 6, 2022, 11:51am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2067 "2022-05-06T11:51:20Z")
Just anecdotally, I know a lot of people who used their stimmy money to jump into the markets for the first time. And now some of them are getting wiped out. But then again, it was _all of OUR money_ that they used. So I guess we’re losing along with them. Really makes you think… 🤔 ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [May 6, 2022, 12:15pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2068 "2022-05-06T12:15:55Z")
You’re not wiped out unless you panic and sell on the drop. 😉 ---
**Author:** ![juicedz4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedz4/32/5051_2.png) [@juicedz4](https://forums.speedlife.net/u/juicedz4)\ **Post date:** [May 6, 2022, 1:09pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2069 "2022-05-06T13:09:04Z")
yea, my 401k is not enjoying this build back better much ---
**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\ **Post date:** [May 6, 2022, 2:26pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2070 "2022-05-06T14:26:48Z")
This is why I bought ammo. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [May 6, 2022, 3:20pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2071 "2022-05-06T15:20:13Z")
I just keep buying OM NOM NOM NOM NOM ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [May 6, 2022, 4:47pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2072 "2022-05-06T16:47:07Z")
I’m holding off for a little bit trying to judge the bottom, but I’ll be ready to drop some money. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [May 7, 2022, 4:41am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2073 "2022-05-07T04:41:02Z")
i like talk of timing the bottom… ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [May 9, 2022, 9:55pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2074 "2022-05-09T21:55:29Z")
bottom ain’t even close to being in probably… this will be a fun topic over the coming months me thinks. looking at PLTR, RBLX, COIN as recent IPO’s that are all trading WAAAAAAAY below IPO but still trading at pretty wild P/E ratios despite decent sales growth. Shopify has a huge mountain to crash off of still though. trading 277x earnings and no moat. buh bye. of these 4 COIN seems the best… highest revenue, actually profitable, strong cash position… however, if crypto is going to crash, or is crashing, a lot of the balance sheet for COIN is made up of the various coins so makes sense that they’d crash like this. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [May 10, 2022, 11:24am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2075 "2022-05-10T11:24:42Z")
I’m done with crypto. I don’t see it going anywhere long term because there’s no solution to the energy consumption issue as you try to scale it up to be an actual currency replacement. > **[Bitcoin Uses More Electricity Than Many Countries. How Is That Possible?](https://www.nytimes.com/interactive/2021/09/03/climate/bitcoin-carbon-footprint-electricity.html)** > > The most popular cryptocurrency wastes energy by design. Why is that, and could it ever be greener? ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [May 10, 2022, 4:18pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2076 "2022-05-10T16:18:43Z")
> [@JayS](#): > > there’s no solution to the energy consumption issue Fusion. We’re finally generating more energy than consuming through fusion, so it’s only a matter of time before electricity is essentially free. But I’m an optimist, lol. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [May 10, 2022, 4:55pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2077 "2022-05-10T16:55:31Z")
[![](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/b/1/b1a851e31a849fcf8913db304c46629a019db191.jpeg "The Immaculate Conception: Bitcoin vs Fiat Standard | Dr. Saifedean Ammous | EP 203") ](https://www.youtube.com/watch?v=FXvQcuIb5rU) there is a portion of this talk where the guy JBP is interviewing gives a counter-point to the energy consumption issue. If i recall, you can set up remote mining operations in areas that are not connected to the main grid, produce your bitocin and then transfer that value back into the grid or elsewhere in a way that makes certain remote areas viable again. i could be mistaken but worth going through that talk nonetheless. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [May 11, 2022, 12:01am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2078 "2022-05-11T00:01:23Z")
if my bitcoin goes to zero i’ll have a tax write off for the next 30 years ---
**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\ **Post date:** [May 11, 2022, 12:50pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2079 "2022-05-11T12:50:13Z")
Did something happen to the online pogs today? ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [May 11, 2022, 1:50pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2080 "2022-05-11T13:50:29Z")
stocks crypto everything getting RAMMED Crypto just does whatever the market does, it correlates for the most part [Previous page](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908.md?page=103) [Next page](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908.md?page=105)