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[Parham]

Looks like the stream kicked off earlier today. It started at 50k.

PC Gamer wrote an article about it:

Over the last few years, Twitch viewers have collectively played everything from Pokemon to Dark Souls, but today they’re going to be playing a different kind of game: the stock market. As we speak, Stock Stream has just started its first day of trading, letting Twitch viewers vote for which stocks to purchase and sell using a whopping $50,000 from the wallet of Stock Stream’s owner, a software developer named Mike.

More here

 

[LostMyNarbles]

What could go wrong?

 

[uncelestial]

That seems like an exceedingly bad idea to bet real money on but... okay.

...They are up $60 though.

 

[Sectorseven]

This stream is going to make me rich.

Spoiler

By doing the exact opposite.

 

[Vermillion]

Inb4 he goes positive.

This used to be an SNE stream

 

[balladofwindfishes]

Is this even legal?

 

[Makai]

lolll

 

[Permanently A]

Wait a minute this isn't the actual stock market right?

This is a simulation right?

 

[rtcn63]

Always Sunny Title Card:

"The Stock Market Plays Twitch"

 

[LumpOfCole]

"RUINED" will take on new meaning.

 

[MUnited83]

Is this even legal?

Why wouldn't it be?

 

[Pinko Marx]

BabyRage SwiftRage BUY BUY BUY PogChamp Kreygasm

 

[Moppeh]

Wait a minute this isn't the actual stock market right?

This is a simulation right?

Real money.

 

[red731]

Good luck to everyone participating!

 

[vypek]

Subbing to this thread for updates. Seems interesting.

 

[Dubbedinenglish]

*babyrage* MOOOOOM NEW STOCKS *babyrage*

 

[Permanently A]

Real money.

 

[Kyuur]

Seeing a bunch of stocks that they paid nothing for and have increased in value, what's with that?

 

[itwasTuesday]

See this is an idea I can get behind.

 

[sineclamor]

Oh, here's the thread.

BUY AMD IS A MEME

 

[Kayhan]

Watch them beat out professional traders.

 

[SkyOdin]

This sounds like a bad plan.

On the other hand, it will be interesting to see how it performs relative to the general market and mutual funds.

 

[Yoshimitsu126]

What bad investment choices would be equivalent to Bloody Sunday?

------

I've been thinking about this for a while with how Twitter, FaceBook, YouTube, and etc fail to moderate extreme groups. I would argue the alt-right/Nazis or other extreme conservative groups gained most of its reach through online platforms and if social media actually held people accountable for racism and hate speech like they were suppose to, the alt-right wouldn't have been as powerful as it is today.

Currently the big social media platforms are solving this with algorithms that check for words that seem offensive to certain groups. The problem with this is that the algorithms aren't that great. We already seen Google's failed attempt that registers the word bloc

 

[Makai]

Watch them beat out professional traders.

They're on around the clock. They will.

 

[eot]

Will probably make more from the ads than the stocks

 

[red731]

Pop the pills guys!

 

[Permanently A]

!buy dank memes

 

[jasminlovesyoux]

Lol can't wait to hear about the outcome

 

[rtcn63]

Watch them beat out professional traders.

A cat throwing darts at a board can beat pro traders (that aren't machines) half the time. I think.

 

[andythinkpad]

Is there a bitcoin stock? dogecoin? buy buy buy!

 

[Poppy]

....huh

i wonder if the theory is that all these monkeys will break at least a little positive in the long run. free labor!

 

[Permanently A]

Fucking "buy GF

" lmao

I know what I'm doing for the next week

 

[Corran Horn]

Why wouldn't it be?

Shrug, stock market could have some weird rules.

 

[NandoGip]

account will be broke by end of week

 

[TangoAlphaLima]

When does Twitch play POTUS?

 

[Woetyler]

Oh boy.

 

[Dyle]

Is this even legal?

It should be totally legal, consider it like having an adviser guide your investments, except that the advisers are thousands of random people. And at only 78 trades per day it won't even come close to hitting the trading limits that most computer controlled accounts hit. As long he only keeps the money to himself he shouldn't be effected by embezzlement/fraud laws and there's no law against making bad financial decisions.

 

[KDR_11k]

When does Twitch play POTUS?

When Twitter is done playing POTUS.

 

[Bronx-Man]

This can't possibly go wrong.

 

[chrisPjelly]

OH NOOOO

 

[Moppeh]

When does Twitch play POTUS?

Twitch plays MAGA

 

[Pics_nao]

lmfao

What

 

[Santiako]

This is fascinating.

 

[Khalifa Jayy]

When Twitter is done playing POTUS.

DAMN.

 

[Sectorseven]

Trading 1 share every five minutes is like watching grass grow.

 

[Permanently A]

Trading 1 share every five minutes is like watching grass grow.

yeah but we're going to buy GF

 

[StrategyFan]

how often can twitch trade the same stock?

i thought there were some rules about that. 3-day waiting period or something

 

[NYR]

Watch them beat out professional traders.

I bet going index would beat almost all traders long-term, so not much of a challenge there.

 

[sineclamor]

When does Twitch play POTUS?

Dude.. don't. Everything is possible here on planet garbage.

 

[Ace Harding]

Are they paying commissions? If so all those tiny trades are going to kill their returns.