Wallstreetbets lingo guide11/1/2022 ![]() While we’re on the topic of holding, these two phrase refer to people’s hands - but it’s really about what they can stomach. “I rather be bagholding a tech company than retail stock,” a Redditor observed. ![]() ![]() There’s someone who makes a savvy play to sell high, but then there’s someone who holds stock that’s fallen in value and keeps holding, thinking the shares will recover. (There are a lot of those on the forum, too, signaling a stock’s upward trajectory.) ‘Bagholding’ or ‘Bagholder’ As one Redditor wrote, “LEVERAGE YOUR HOUSE!!!! LETS GET THESE TENDIES!!!!” - followed by nine icons of a rocket blasting off. Loosely speaking, that’s chicken tenders, shorthand for gains, profits or money. Redditors - as Reddit users are known - in the forum casually throw around some of the standard internet fare like “newbie,” meant for rookie retail investors, and “ boomer,” for the older crowd and the Wall Street establishment.īut here’s a look at some of the specific WallStreetBets The WallStreetBets forum had 3.3 million members as of midafternoon Wednesday the number appeared to be climbing throughout the day. Read also: Opinion: Stop laughing about GameStop’s stock mania - no, really Is up less than half a percentage point in that same year-to-date span. Was off less than a percentage point and the S&P 500 But major brokerage firms TD Ameritrade and its owner Charles Schwab on Wednesday started putting guardrails in place to control the buying spree, and the Biden administration said it was “monitoring the situation” with GameStop’s stock. Critics say any emissions are unacceptable.These are some of (printable) terms flying across Reddit’s WallStreetBets, a salty forum peppered with its own arcane language, now at the center of a frenzied stretch of trading in GameStop’s stockĪs of midday on Wednesday, GameStop’s stock was up more than 1,500% in 2021. That's usually accomplished by cutting emissions, such as the use of fossil fuels, and balancing any remaining emissions with efforts to soak up carbon, like planting trees. climate talks in Glasgow, for saying a country, company, or product does not contribute to global greenhouse gas emissions. NET ZERO: A term, popularised this year thanks to the COP26 U.N. WALLSTREETBETS LINGO GUIDE DRIVERThe name of the much-scrutinised software has itself been contentious, with regulators and users saying it misrepresents its capabilities as it still requires driver attention.įABS: 'Fabs,' short for a semiconductor fabrication plant, entered the mainstream lexicon this year as a shortage of chips from fabs were blamed for the global shortage of everything from cars to gadgets. WALLSTREETBETS LINGO GUIDE FULLGAMEFI: GameFi is a broad term referring to the trend of gamers earning cryptocurrency through playing video games, where players can make money through mechanisms like getting financial tokens for winning battles in the popular game Axie Infinity.ĪLTCOIN: The term covers all cryptocurrencies aside from Bitcoin, ranging from ethereum, which aims to be the backbone of a future financial system, to Dogecoin, a digital currency originally created as a joke and popularized by Tesla CEO Elon Musk.įSD BETA: Tesla released a test version of its upgraded Full Self-Driving (FSD) software, a system of driving-assistance features - like automatically changing lanes and making turns - to the wider public this year. The lingo of these traders, calling themselves 'apes' or praising the 'diamond hands' who held positions during big market swings, became mainstream. STONKS: This deliberate misspelling of 'stocks,' which originated with an internet meme, made headlines as online traders congregating in forums like Reddit's WallStreetBets drove up stocks including GameStop and AMC. Constitution in an auction held by Sotheby's. In recent months, crowd-funded crypto-group ConstitutionDAO tried and failed to buy a rare copy of the U.S. WALLSTREETBETS LINGO GUIDE CODEDAOs use smart contracts, pieces of code that establish the group's rules and automatically execute decisions. Twitter, for example, is investing in a project to build a decentralized common standard for social networks, dubbed Bluesky.ĭAO: A decentralised autonomous organisation (DAO) is generally an internet community owned by its members and run on blockchain technology. Such shifts could affect everything from how industries and markets are organized to functions like content moderation of platforms. ![]() in physical form.ĭECENTRALISATION: Decentralising, or the transfer of power and operations from central authorities like companies or governments to the hands of users, emerged as a key theme in the tech industry. In March, a work by American artist Beeple sold for nearly $70 million at Christie's, the first-ever sale by a major auction house of art that does not exist. NFT: Non-fungible tokens, which exploded in popularity this year, are a type of digital asset that exists on a blockchain, a record of transactions kept on networked computers. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |