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Wall Street vs Robinhoods: How retail investors brought a hedge fund to knees - The Economic Times.
The soundest investment has the defining trait of a bet, and the wildest speculation has the salient characteristic of an investment. Maybe the best definition of 'investing' is gambling with the odds in your favour. Pick the best companies to invest. BECOME AN ETPRIME MEMBER. Read More News on. Reddit group Reddit Hedge fund melvin capital wallstreetbets.
Video game loot boxes declared illegal under Belgium gambling laws - BBC News.
Only Battlefront II was found not to be in violation of the law - after developer EA temporarily halted micro-transactions completely following negative feedback. This criticism focused around a post by EA on community news site Reddit, which became the most downvoted in the site's' history, when the company appeared to call micro-transactions a way to provide" players with a sense of pride and accomplishment for unlocking different heroes. Image source, Getty Images. Many see similarities between gambling machines and video game mechanics.
Bill Gates likens Reddit-fueled GameStop stock frenzy to gambling.
Gates expressed concern about the role social media played in the GameStop saga and its potential implications for the U.S. Reddit" forums where people have a reason to kind of push something and get out at those high prices, you know, the SEC has got to look at this because we don't' think of the stock market as just performing a casino-like role, said Gates, the third-wealthiest person in the world. We" have restrictions on gambling activities."
Gambling? In the Stock Market? Im Shocked. - WSJ.
Wall Street is in an uproar over GameStop shares this week, after members of Reddits popular WallStreetBets forum encouraged bets on the video game retailer. WSJ explains how options trading is driving the action and whats at stake. 31, 2021 9:03: am ET. Has Reddit broken the stock market?
11 of the biggest losses casino dealers have witnessed.
Apparently there are a lot of people out there who gamble more in a few minutes than some people make in their entire life. Be sure to share these gambling stories with all your friends who complain after losing $20 over the course of a few hours.
The GameStop Story You Think You Know Is Wrong - The Atlantic. The Atlantic.
Maybe in several years, well look back and see that Reddit hedge funds, like cryptocurrency, were the first steps toward the future of decentralized finance. Maybe the phenomenon of finance message boards, combined with zero-commission trading, will funnel billions of dollars to public markets that might have otherwise gone to gambling or Netflix, or suits to the benefit of all 401 k holders and stock investors.
Reddit Advertising Policy: Restricted Advertisements Reddit Ads Help.
Principle: To ensure legally compliant and transparent advertisers are allowed to advertise without exploiting or glorifying gambling and gaming. Policy: Gambling and Gaming Gambling ads that promote the exchange of money or other items of value are permitted to run on Reddit, but with certain restrictions.
GameStop stock: How WallStreetBets massively drove up GME to stick it to Wall Street. Notable topics. Activating this button will toggle the display of additional content. Slate homepage. Submit search. Enter query. Activating this button will toggle the
If this feels outrageous, it might only be because a bunch of supposedly unwashed Reddit users are involved. After all, GameStop isnt the first stock to be subject to a giant short squeeze or to see its resulting value make little sense.

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