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fantasticasm89

won't catch me complain about crypto because i hate the man

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fantasticasm89

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#1  Edited By fantasticasm89

I just bought a Valve Index for productivity/creativity. I would've bought the Quest 2 instead but I figure that I will want to upgrade my PC if we ever see lower chip prices again.

I plan on using Google's Tilt Brush as a way to make notes. For starters, Tilt Brush has a fixed third-person camera. I can stand in front of what I'm writing and people can still see it. A professional-grade whiteboard can be over $1k (my understanding is that they are cast in a forge so they last a long time and resist stains, unlike the cheaper ones you can pick up at an office store). Whiteboards are messy, erasing leaves waxy flakes everywhere (not on my dark floors, no thank you). Tilt Brush lets you import files and I imagine saving/exporting files is possible too. I also just found out that Tilt Brush has been released as open-source, which means development will continue indefinitely.

I'm running an AMD 1600 with an RX 590 that I built 2 years ago with the intention of 1080p gaming. I will definitely be doubling my ram (8 to 16). I've got an SSD hard drive (not NVME). I know the RX 590 will be the performance bottleneck, but we're in a middle of a crypto boom and a chip shortage which translates to a graphics card crisis. I bought my RX 590 for a net of $40 (it came with 3 free games), and now it's selling for like $500 on eBay. The good news is that I've seen Half-Life Alyx running on an RX 590 without dying so I might get to enjoy a few games too. I might need to upgrade my CPU or even my cooling solution (my card is thermally bottlenecked here in SoCal, but I'm moving to somewhere much cooler, so we'll see). I just want my Tilt Brush to work smoothly.

I'm really glad I waited on VR and in my view if your PC can run VR I think it's an opportune time to buy one if you've been hesitating. If this post get's some love, I will make some YouTube videos to show off.

# EDIT

It arrives on Monday... I'm really stoked, I already bought Beatsaber and Superhot.

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Y'all messed up big this time. Yeah, I'm talking to you, Rorie. Probably Business Dave too.

See, I got this sick-af tracksuit I love wearing around town... but I don't have a GB beanie to go with it. What do you think I'm supposed to do, wear a balaclava?

But seriously, the site should have a GB Beanie.... and a GB Balaclava. No, really I'm moving to a really cold place. Like seriously, beanies are the epitome of practical fashion, and I'm just going to have to sit here with my head cold until GB comes out with a sick beanie. Anyday now.

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thanks for the concern @navster15 and @gundato, it's good to hear from voices of genuine concern.

While I am not overly concerned at this time, I appreciate the different perspectives.

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@gundato: it's not far off from playing blackjack imo. less than poker.

no shame in being a professional card player.

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@gundato yeah I can post again.

Obviously I got pretty hyped up at the potential for this to keep going. But the truth of the matter is it's house rules and the house always wins.

I got in on the trade late, FOMO'd a bunch of money (ok not too much). That same night, trading was restricted by multiple brokers and essentially the momentum on the retail side was kneecapped. Not something you would have predicted exactly would happen, but due to the volatility something like this was always possible.

There were a lot of mistakes I made in this trade. Namely I sold other securities in the medical marijuana sector to YOLO in GME. This was a mistake because the MJ play I still believed in. I had already made money on them, so why would I sell them to speculate? Big mistake, should've just taken some cash and gone to the bank. By the time it got deposited I would have seen it was over.

That said, I sat and held on to my GME. Watched it go from 7k all the way to 1.8. That's called escalating commitment.

The next week I kept trading, making little bits here and there without much capital (like $500). That Friday I noticed APHA and TLRY having a runup, so at end of day I bought some options. That Monday/Tuesday they both got squeezed and I made a couple grand.

Then I checked the volume, saw the squeeze was squoze, and bought puts (a bearish option that lets you profit when a stock declines). I held the puts till Thursday, making another 1.5k.

And that was most of my money back. After that I was still down about 1k, but I lucked out. I've still been playing, and been doing okay, mostly learning to be cautious and limit my exposure. Still swing trading single leg options.

And yesterday GME got squoze again. Made $200. Not the 10's of thousands, but better than losing 6k.

I also want to say that I think it's fine to get excited about these things... but it's a reality check when things don't go your way. If you are right, you're a genius and if you're wrong, you're a big fool.

This isn't the way I would choose for things to be, but it's one way you might just change your situation or someone else's situation. I'm tired of being on the computer 6 hours every morning plus the time I spend working on schoolwork and going to Zoom lectures or working online with my classmates. It's a psychological labor, and it takes a lot of attention to find profitable trades.

So yes I was the fool this time. I hope no one followed me into the madness. If they did, I'm sorry. Until I make it big, the best thing I can do is say let's discuss strategies and potential plays.

I'm on reddit: https://new.reddit.com/user/fantastic_awesome.

Oh yeah and go bears!

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Videogames aren't a democracy, they're embedded in capitalism.

There are some democratic game developers (House House, Paradox Europe, Motion Twin), as well as some media outlets that try to uphold democratic values (Jim Stirling, Giant Bomb, Kotaku, etc.) but at the end of the day, every org, studio, and retailer has to make ends meet under capitalism.

As far as 6 days of Fallujah, it sounds important to you. My DMs are open if it's important for you to be heard. It's cool that media can be so relatable, and I am hopeful that games continue to speak to a wide audience and convey moving experiences. -peace

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@onemanarmyy most retail traders do not have access to short stock. Hedgefunds did short stock like this, which is why the float is still above 100%. They have also shorted stock for ladder attacks where they try to make the price go down artificially.

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@gundato: They're kicking the can down the road trying to get people to sell out. Remember, there are big firms holding as well. Furthermore, just about every call issued ended ITM when they expired today.

@gundato said:
@fantasticasm89 said:

@flagro what's an exit strategy look like? Well if it follows the short squeeze that VW experienced in the 2008, the target price is 34k a share.


The end result of this is going to be a lot of tears from the less educated folk who didn't understand what they were getting involved in. And "Wall Street" and a few REALLY manipulative folk on WSB et al are going to be buying another four teslas a pop.

Don't believe the hype. Hold the line. DIAMOND HANDS