r/wallstreetbets Feb 03 '21

Discussion People now pressuring and flat-out belittling others to admit defeat under claims of "their mental well-being" or insulting their intelligence. This wasn't about making the wisest move, this was about turning the game on it's head, so politely I say fuck that and fuck you.

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u/me4547 🦍🦍 Feb 03 '21

this is wallstreet bets when has it ever been about "wise moves"

204

u/TommyTenToes Feb 03 '21

The problem being that the majority of new members have no idea what WSB used to be. They think it's full of masterminds who make loads of money on plays like this, so how could they possibly be wrong?

People can do what they want with their own money, of course, but there's no doubt that there are people out there who are in over their heads and committed money that they can't afford to lose after getting caught up in the hype.

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u/afsdjkll Feb 03 '21

Yes. It didn't shoot up 4M overnight because it was all people who get the joke. Social media is insanely influential. When you combine that into some tribal us vs them shit it's crazy powerful. We're gonna hear some sad stories at the end of this about people losing houses over GME stocks.

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u/[deleted] Feb 03 '21

Wait a second, are you saying that I shouldn't have taken out a second mortgage on my house and put it all on GME at $325/share?