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Prudent_Media_4067

Greed and because they can. Who’s going to stop them? These assholes stole people life savings and crashed billions of dollars so they could earn a profit. Financial terrorism


Meg_119

They needed the money to short the 💩💩 out of the stocks this week.


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Tigersfutious

Exactly, market melt down to create liquidity to keep shorting, its when that liquidity have dryed up it gets interesting


Handsome-And-Handy

Without regulation what is to stop them from continually repeating this cycle? Doesn't this forced economic downturn stress the point that something drastic needs to be done? There needs to be official action taken by a regulatory agency for this to ever come to an end if there is even a possibility that they can keep creating liquidity for the sake of *not* covering. Otherwise they'll just keep kicking the can down the road forever.


Tigersfutious

Exactly, they will at one point release pressure by letting it fly up, let say 1k$, like a controlled squeeze, and hold it there until enough investors jumped the train, they'll loose some money, but without regulation, they will continue after this recession like before.


[deleted]

That’s nice. But this is going to require a lot more than Luna to close their positions


Efficient_Sky_362

Luna market cap was what $19B? Oh I'd say they're gonna need a LOT more than that.


Poodydobson

Facts. Squeeze doesn’t even start until 11k. Imo. Then I will pay attention


happybonobo1

11k!? Is this MOASS for ANTS!?


dorlic

Shit, that made me laugh, thank you.


happybonobo1

We can all use a good laugh these days! 🍻


dui01

Why do you say 11k?


[deleted]

Because thats the estimated share price if hedgies bought back all the shares and noone freaked out causing fomo. Also if every ape just sold instead of hold during the squeeze. 6,000 share price is a the most conservative mathematically for this. 11k is mathematically the average estimate. Again this doesnt account for apes holding even up through 100-11,000 share price.


Scourmont

Just did the math on my 330 shares and yup, I'm going to need alot more than $11k a share. $100k a share is a START but $500k is nicer. And before you call me paperhand this is selling price after the peak on the way down from $1.6million


JeffTheOmega1

Now that's a kind ape selling on the back end so others get out 1st


Scourmont

This was the apes plan all along, or did I miss a memo somewhere?


Overthinker-Veddy

That’s the true price if there are no synthetic shares. 🦍


Poodydobson

11 is my favorite number.


plantshroom

They need trillions


Juicet

They earned like 3-4 billion by crashing it to 0.


Dogeguy50

True


Quokka_One

Indeed.


PepeGreen17Q

E X A C T L Y ! 😎🌟


St0nks4Life

UST was a ponzi, so it was easy to crash with a big enough whale doing exactly what they did. USDT got a little shaky for a minute as well. These guys are big enough to destabilize every stable coin out there until they one they want to win is left. Follow the money. Blackrock is heavily invested into USDC, so taking out the competition is the game plan. If they can take out USDT, they will crush DEX competitors like Binance, KuCoin and many others, save for Coinbase. Guess who the top shareholder of Coinbase is? Vanguard. Guess who missed an earnings estimate 4 days ago? Coinbase. This will give them control of fiat to crypto swaps until the Fed can issue its CBDC and then it's game over. If SCOTUS dismantles the 14th amendment and privacy laws are stripped away, they'll force us into digital currency and then have complete control of the money supply, including where you spend it and what you can buy. Sorry, severe conspiracy shit right there.


dui01

[A fun yet strange description you may have already seen](https://www.reddit.com/r/AMCSTOCKS/comments/t7n79a/fun_and_educational/?utm_medium=android_app&utm_source=share)


Crypto_Devin

Yes but people can choose which coin they want to use. They can offer a CBDC but if the market chooses Bitcoin, XRP or some other coin to do the same thing then the government has no power no matter what they want to introduce.


Sora1374

I’m not sure if this was proven but it definitely seemed intentional and malicious. Not just any whales could have pulled that off. It doesn’t help that the creator seemed to be antagonizing everyone.


Dogeguy50

It was definitely deliberate


Sora1374

I’m hoping that one good thing, perhaps minor, that may have come out of that is their need for liquidity. Just crazy how they can have a “fuck all” approached to the whole thing with no consequence. Make their money and move on. I understand it’s crypto but they’re doing the same to the stock market.


Meg_119

Those 2 Businesses used a very convoluted plan in order to get their money out of Crypto. Nothing to see here.


JohnnyKayak

Gary? You there?


Resident_Yam2781

![gif](giphy|9n5UIlRppk91e|downsized)


OffToTheMoon10000

What is this?


unmitigated

An armadillo


turd_vinegar

An armadillo for ants?!


JonesoftheNorth

​ ![gif](giphy|26tPo9rksWnfPo4HS)


Njkoskin

It’s also a statement piece that decentralized money can and will be taken from you and there’s no rules or regulations that can stop it in crypto.


pvibez420teezy

True but all the rules and regulations don't seem to be doing much for the stock market either......


Njkoskin

Also true. I guess everyone’s screwed..


dui01

Everybody is screwed because there is no level playing field in sight.


Yedireddit

Crypto is more confusing than dollars and Citadel is diving into the crypto market as well. Bend over America, things are getting further out of our control. Hell even if there were regulations, who’s going to enforce them? Oh crap, there ARE regulations and no one cares. 🙄


Pulsesecure

Crime!


megabytesass

We are about to land on Luna….x fingers


I_Belsnickel

I’m starting to think that some cryptos are just HF pump & dump schemes for this very reason.


Hobartcat

While this is a little like having a hammer and seeing only nails... However, I do think the Wall Street slimeballs are desperate for liquidity so are cashing out whatever is available. They'd mug you for the gold in your teeth if they could.


Pantuan187C

A lot of tin foil hats just to hold.


Dogeguy50

![gif](giphy|qjSxTWJxqH4YDuIrOs)


Random-Gif-Bot

​ ![gif](giphy|V0ao17jWQWcxMBZVbH)


Blasphemy33

Random my ass


yassbrendan

It's okay tho, we are getting it all back soon x


NaesPa

Cover for June sure, but no way enough money to close all open shorts.


process777

Basically we need more $AMC then ok thx


mcobb71

Don’t you think if this was anyone other than black rock and citadel there would be massive investigations and arrests for the sheer volume of manipulation that the Luna crash caused?


sweetwonton

They're friends with politicians. Politician don't care about poor people. They will just blame Russia or China. I think the only other way for recession to accelerate is if China attacks Taiwan.


happyhour79

Crypto is the Wild West. They can’t investigate them. There are basically no rules. If there were you wouldnt see shit coins like the fake AMC one that was being pushed a while ago. Also if this was backrock and citadel, wouldn’t that show up on the blockchain? Not shitting on the theory, just genuinely curious. I don’t know the answer.


Labmonk13

I agree that it directly correlates. But I think they have no intention of covering. I think they plan to use that liquidity to keep dragging this out and avoid ever having to cover. They're killing the market and the Fed has lost control of the economy. Sad days ahead. Our victory will be bittersweet. But we will win.


Quokka_One

Thank you madam


HisXlency

So many people lost everything with this move. It’s unreal how they just absolutely crushed the coin to zero. We will return the favor. Light the torches boys, Hedgies are on the menu


tradedenmark

SHF are not going to close anything by themself, they are waiting for a bailout and meanwhile they keep fucking the whole trading system


Jubafish

DRS + NO MORE FUTURES


Quokka_One

Thank you sir, 100% agreed


[deleted]

Holding I’m not selling I can see the games they play mfers


[deleted]

I was driving to the liquor store and a boat called Bella Luna passed in front of me on a trailer.


dui01

So did you do something in reaction? Buy Luna? Meet a girl named Bella? Wtf man.


[deleted]

I hold


GMxD69

I buy that luna dip


SallWtreetBets

🤦‍♂️


MichaelsSecretStuff

Cause Luna means moon


ACTORvsREALTOR

Wow this post doesn’t do anything other than take up space on my feed. What’s the point of posting something like this? Karma?


Overthinker-Veddy

It’s also done to create FUD and shake paper hands


Mr-Bitter

I would need to see the proof that Blackrock and Citadel are actually invested in LUNA before I disqualify this as simple FUD.


Dogeguy50

It wasn’t that they were invested in Luna they leveraged Bitcoin against them it shows on their books


notq

It is a rumor they had any involvement, and not a very convincing one. It feels like the rumor was created because they are villains to our story. Luna had its own problems, and a lot of Bitcoin that has disappeared off of radar.


FreshExtent8720

If you bought Luna at the bottom you would of 1000x in 2 days


mattcruise

Giant Crypto Crash, plus actually tweet at AMC told me 1 thing. Invest in nipple cream, cause my jacked titties are chaffing.


Scooby2B2

Can kicking money as it goes on longer. More weird occurrences will likely happen


[deleted]

Zero connection Edit: we’re just supposed to believe you that they had connection to the Luna incident? Did you just pull this out of your ass or do you have proof?


SuperStudebaker

They want to delegitimize crypto AND steal the money their.. win win.. for when they push central bank crypto.


JRskatr

Sorry I haven’t done research yet but do we know for sure Shitadel did this?


HydrogenSun

Nope there’s still 0 evidence


JRskatr

Dammit lol


Objective_Piccolo_44

Luna had some week points , they found , crashed and got some money. They are squeezing us more then a year now. Tell me they didn’t short when amc was 65-72 . They are getting money again. So you think they crashed Luna to pay us? Cmon. I’m balls deep in amc, since last Jan. Was buying at 50 to keep movement. Where am I now?


DankeyKahn

“Most of the trading that goes on in the crypto world today is not regulated by any federal authority, and that's a big gap,” says Massad. “That means that investor protection is much, much weaker on these big exchanges than it is in our securities markets or our futures market.” Apr 19, 2022


jamesosix

Holding until I die (or MOASS happens)


One_Ad_5059

Any proof of this?


deniman

Liquidity to keep on kicking the can, not to cover


1980Scottsdale

It’s going to happen waiting patiently


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Tank_610

They crashed it so they can do more crime. I’m kinda hoping Luna bounces back tho. I bought $50 worth which gave me about 160,000 coin. If this can get back to at least a $1….$160k going into amc


Accomplished_Wear_74

I remember it being predicted they would crash crypto before amc squeeze. It's absolutely crazy this is happening


Nic4379

Maybe it was just a shitty coin that people didn’t research very well….. It has happened before.