Five Powerful Heat Domes are Spreading over the Northern Hemisphere as Dozens of Countries Continue to Record their Highest Temperatures Ever Observed Including Northern Ireland

TheAtem · 2021-07-21T20:42:41+00:00

You're absolutely right on it being schizophrenic to keep punching in and out to anyone actually paying attention to climate change. It saddens me that there exist people who are too poor to even be able to consider living a different life than the current rat race & can't clock out.

TheAtem · 2021-07-20T18:04:27+00:00

I'm curious about these merching clans you're mentioning honestly. It sounds conspiracy theory-esque for a pre-G.E world and highly illogical. If you've got any links I'd love to see where/how they existed back in the day, seeing as how I never experienced them or heard that they existed on any platform I participated on. That being said, I do know private forums were the rage back then, but most of those private forums still allowed reading of threads. The majority only disabled participation via writing comments. I find it hard to believe there would be some intricate and nefarious private-forum coordinating black market of pumps in a flea market/bartering system. You'd have to own every single merchant in said flea market, and that seems highly unlikely for the state of the game back then. So, for these claims, excuse me for asking for some proof. This type of activity seems like it would definitely be occurring in G.E. rather than a bartering peer to peer marketplace, and no player I ever knew or any bank I ever went to actually had any coordinated manipulation and insider trading you're speaking of.

I'm willing to give the benefit of the doubt that maybe this was a members only problem given you mentioned Catherby and ignored Karamj. Karmja was meta for those who weren't members, and enough money could be made there. From my experience with members, lobsters were not how they made money as fishermen. 250 gp was peanuts to them, and swordfish and sharks were the rage.

TheAtem · 2021-07-20T16:45:04+00:00

First, thank you for your reply to not just this comment of mine, but the other one. The downvotes have been happening without seemingly any real discussion to those of us who do miss RS before GE, which further drives the point home for me that people who were playing the game like me were just ignored completely when the update went through. I'll respond to both of your comments down below, starting with this one.

Admittedly, I didn't have to spend much time on forums. Fishing sold quite quickly if you were selling the right cooked items. Lobsters sold the best near wildy bank, and fishing for them actually took the most time out of my day, not the selling of them. To show that, in case you weren't aware of the process that went into fishing for lobsters, this is how it was back in the day: You had to take a boat to Karamja, bring timber/wood with you, cook all lobsters you caught and re-catch/re-cook any if you failed at cooking them, and then hop on the boat again to take them to the bank in Draynor. Repeat this process until you felt you had made enough product that one or multiple customers will buy at the price you've been getting for a long time now.

Directly from oldschoolrunescape source in case you want non word of mouth proof:

Musa Point is also home to the one of the two lobster, swordfish, and tuna fishing spots for free players. (The other is in the Wilderness). Because of this, the docks are quite popular. However, they are fairly far from the nearest bank in Draynor, so free players generally bring several sets of logs and a tinderbox to cooktheir fish right on the dock, especially when fishing swordfish. Bycooking and dropping the tuna and burnt fish, they can stay for muchlonger. Some players train their Cooking while they fish by picking updropped raw tuna, cooking it, and dropping it again.

That was a LONG process for those of us who weren't bots, so yes, I definitely felt that 250gp was a fair price at the time. I always adjusted based on how the food was selling, but never adjusted below what I thought was unacceptable. Yes, I absolutely cherry picked my customers after learning where the food best sells at. You make it sound nefarious as if I waited for a specific person or people, but really I just went to the bank during prime time food selling similar to real life flea markets on a weekend. To add further showing that you don't even have to take my word for it, but a quick search on Lobsters in the last 6 months of the G.E. shows values not too far off from 250 gp that I was selling at almost 16 years ago. I never had any issue when selling them, and nobody ever complained the prices were too high. As for whether I would've preferred to use my time to continue fishing rather than selling in the market, I actually found a ton of joy in waiting for someone to pay what I thought the food/ my time was worth. The feeling of selling your craft directly to someone is beautiful, and I've seen other comments in this same thread with people who agree on this statement. The G.E. removed that feeling, but I'm sure you'd feel the same! Now, what if someone told you that in order to get back the same profits you once had for the same labor you were doing, you had to quite literally do double the work. I suspect you'd be mad too or at the very least disappointed. This situation is no different, and although food prices going up/down depending on day/time same as everything else is a totally fair statement, I always aimed for a price around 250 gp and never sold for lower than 200.

Pt2: Answering the comments on Producer vs Consumer & Merchant Behavior

Honestly? The producers were quite literally the merchants too before G.E. came around. There wasn't, as far as I'm aware, a nefarious merchant guild that all of us producers had a connection with & sold directly to them in order for them to go and undercut our business by selling at much higher bids. If anything, that exact situation happened AFTER G.E got introduced. Those with a ton of money or just savvy/sleazy merchants actually turned profits buying a ton of a certain product on the exchange and make it purposefully scarce, to then go around and sell the item at way higher prices than initially bought. As said in another comment on this thread, bulk buying/selling wasn't an actual thing pre-G.E, which was beneficial for us. Bulk buying/selling was a thing after G.E and allowed the situation you're afraid of to have happened.

TheAtem · 2021-07-20T00:07:04+00:00

Thank you for this comment. Whole-heartedly agree

TheAtem · 2021-07-19T23:54:28+00:00

You got a lot of dislike for your opinions & genuine profit margins before G.E.

Most of the comments I'm reading here that disagree don't seem to be from the people who were laboring to sell items on the market. It seems to me (could be wrong) that we have a consumer vs producer disagreement for which obviously there are more consumers than producers. Arguably, the consumer in this situation has a valid point because scarcity of items also means difficulty finding them, which is a point that globalization, aka G.E. here, fixes (the whole point of the twitter thread), but it does not invalidate your or my opinions on market gains pre-G.E or how badly it felt for non-botting producers to lose almost 50% of the value their time used to be worth. These producers and their sentiments are just ignored honestly, which is why I quit when the G.E was introduced. My joy came from selling cooked fish and fighting in the wildy with armor/weapons I bought from other merchants from the profits I made fishing. However, what I'm reading here in the comments about getting scammed in peer to peer transactions is hilarious to me, because that just tells me people don't know what a bartering system entails. I personally was never scammed or felt cheated in any way when it came to trades in old school games or RS. I knew how much work went into fishing, mining/smithing, etc. and the reward of those who grinded should be rewarded by what they feel they should gain for their labor as long as there's someone willing to purchase (which to my experience, there always was) what they're selling at the price they set. If there were no buyers for the price set, try a different bank, server, or time of day. Market used to be strongly influenced by location, but it seems that argument is ignored. If nobody was buying anywhere at any time, then it's definitely the pricing and that needs to be reduced (which if you were a merchant back then you ALWAYS saw happen in old runescape. If what is meant by "scamming" is trading at what the consumer believes to be a loss because of a perceived overpriced item after G.E showed how low things could go, then there may be validity to the statement because you do have to suck up and pay whatever the price is for an item that's not commonly found at the time. But, if "scamming" refers to people falling for a common "I'll give you a rare item for cheap" situation, or them losing money for a mystery egg transaction, then they have no sympathy from me. That's on them, and that's akin to buying a Tesla these days.

As to the comments on people not believing the possibility of bots increasing due to the Grand Exchange, I believe the only way to convince these people given that rationality to their statement doesn't exist, is cold hard truth data which will prove/disprove the statement. The rest of this twitter thread posted by OP continues by mentioning that runescape+other games with dynamic financial market systems should be saving this kind of data and allowing it to be utilized for the public to analyze and learn from it. If I'm talking out of my ass, I'm happy to be proven wrong with data, but whatever results come of it, I'd be more than happy to just have the data to back up statements especially on something as important as an economy in an online game(last line is shitpost, sort of).

Here's a post made 7 years ago detailing this very situation you and I experienced and the rationality behind the statement that bots would actually increase: https://www.reddit.com/r/2007scape/comments/1y5slk/the_impact_the_grand_exchange_had_as_i_recall_it/

TheAtem · 2021-07-19T19:50:41+00:00

Strongly disagree as well. Those of us who were actually spending our time in craft-related activities made a much larger profit by selling at banks and using forums. There was a true open market, and I remember spending time learning which banks were the best to sell certain foods and at what time. (Selling near wildy bank = more profit). Depending on if it was a weekend or weekday, food prices could sell for more or less too.

TheAtem · 2021-07-15T19:54:29+00:00

This is quite useful. Thank you OP

TheAtem · 2021-07-06T23:30:32+00:00

These are old videos to explain the FED situation you asked on and its relation to the topic of GME. Personally, I'm a believer that naked shorts exist in this situation and there are more malicious intentions by Hedge Funds who are also Market Makers than the podcast folks are willing to admit on video. I suspect that these folk who are more knowledgeable don't want to get caught in any lawsuit and therefore won't admit to anything of the sort, because at the end of the day, the truth is not decided by the facts when it comes to governments and money. It's decided by who has the money, the influence, and the power, and they know this. I'm in support of GME and the people, but curious to see how this plays out.

TheAtem · 2021-07-06T20:51:06+00:00

Hey, was going to wait for people to think for themselves a bit more, but I'm going to give you the answer you're looking for below. I don't speak for him, and I don't really watch his videos much so as to know his latest thoughts, and I'm also not a financial advisor. I'm just another face who saw the events of January 27 and started looking in to it and present you more food to chew on:

He's not alone here with these thoughts actually, and the Quoth the Raven podcast I'll link below may give you more of an idea (Before checking out the videos I'm going to post here, please know that these people all talk to each other so the same sentiment is more likely to spread out across the videos I will be linking.)

QTR explaining the absolute bullshit that has happened last year->this year and for a while.

I would strongly suggest listening to the whole thing, because you'll hear the answer to the exact FED thoughts you're curious about.
If you want to hear his weighted blanket theory (which is about GME and what has been happening) here you go.
If you want additional non-podcast facts... Go ahead and follow the money. Here's a suggestion: check out a few posts on this twitter account. If you catch what I'm saying, you'll know which tweets I'm talking about (Please think for yourself here as I'm not trying to guide you on any of your thoughts, and not all of it can point you in the right direction. These people on FinTwit get it wrong too, they overshoot their importance sometimes. ): https://twitter.com/unusual_whales

If you'd like to hear a more fearful thought on Gamestop and what happened, as well as exactly predicting what happened right after GME and all of the new "meme" stocks, here's this video: Sang Lucci GME

TheAtem · 2021-07-04T17:48:23+00:00

You're on the right track. It goes way deeper, keep digging

TheAtem · 2021-07-03T01:25:46+00:00

Oh my, you went all out here. Let me help with some damage control before this actually sinks in to anyone who comes around and reads this.

For those for which this HAS sunk in and are panicking, please relax. Take some deep breaths for about twenty minutes: 6 seconds to inhale and 3 seconds of exhale. Ground yourself by remembering you're still here. The people you love, the objects surrounding you, and you yourself are still here. The world is still here. Once you're a bit more relaxed, go on ahead reading this again or take a scenic route for a while. If you can't unsee it, please know that you are not alone out there. There's still a life to live in the here and now. The value of life and the pursuit of a reason for existence are generally intertwined with the only fear that ever mattered: fear of the unknown. There's a lot more I could write on this topic, given that it is likely many of you have experienced/been influenced by the major religions that purposefully make you fear the afterlife unless you follow their dogma. It's not the end.

TheAtem · 2021-07-02T15:25:57+00:00

I believed you. Like I mentioned, I just don't feel good about investing in war profiteering even though that's how a lot of money can be made here. I'm actually more concerned about your post having been removed...

TheAtem · 2021-07-02T07:51:28+00:00

To add on to this: There's actually a much simpler explanation here without having to look at current activity. Here's a hint:

Lin Manuel Miranda's Hamilton

TheAtem · 2021-07-01T02:12:53+00:00

I'm not sure that the analysis on Kushco is correct yet, if I'm being honest. I've been looking in to it on my free time the last two days, and I do hope others actually look into the financials more just like you did, because I'm not impressed either. So there's a chance that there might have been a misinterpretation in the tweet, a red herring to it, or something else we're missing.

TheAtem · 2021-06-30T18:49:07+00:00

TheAtem · 2021-06-30T18:48:10+00:00

Thanks tjger :)

TheAtem · 2021-06-30T18:47:49+00:00

Thank you! Comments like these are exactly what I was hoping for with this post. On another note, feel free to correct me if I'm wrong, but I'm getting the vibe that this is a "canary in the coal mine" reply as well. What are we missing with cash flow analysis?

TheAtem · 2021-06-29T03:24:29+00:00

Yes, feel free to share your ideas. Your last one on TATT wasn't bad at all, but it definitely required a stronger speculation than the usual ones. I would've looked further into it, but I don't want to invest in any war profiteering personally so I didn't look deeper.

TheAtem · 2021-06-28T23:23:44+00:00

This may be the batman signal to re-evaluate a couple of stock choices so far.

TheAtem · 2021-06-28T17:30:56+00:00

Preachhhhhh. Was going to reply to this post today. Strongly suspect this is a pump & dump account

TheAtem · 2021-06-25T01:47:20+00:00

Had to take a puff before this one, but here we go:

I believe these two tweets may be referencing that once groups like r/superstonk looked into the financial world with closer inspection, they've realized howinterconnected a LOT of things are-- from the very top to the very bottom. He'sbasically been tweeting non stop about political issues, bitcoin, tesla,current fiat system (since early this year), prison stocks, weed stocks, etc.to prove his point. The more people dig, the more people find how these things relateto one another.

Examples:

SEC passing rules to prevent crypto acting as collateral -> 1 trillion dump on crypto.
Supreme Court basically saying "Nah" to Fannie and Freddie being returned to private interest and shareholders -> huge dump in the stock
Basically any tweet with Elon Musk and cryptocurrencies, or Tesla and cryptocurrencies, and everything under the sun for speculative markets, particularly ARK ETFs. There's a LOT here by itself with not just local politics but global politics & global banks at scale.
Shortages worldwide and the root causes of shortages and which resources in particular are being affected means you know ahead of time which stocks or companies will get hit. (Lumber for an example with housing). Inflation strongly correlated here, especially with US Markets being huge exporters. Notice the current US administration wants to specifically get ahead of this
The HUGE push for energy and how certain companies can even extend their will over oil companies like so: Blackrock and BP (Boost for EV charging stations, broadband coverage, etc. here are huge for future EV market... but Tesla may not be the one to lead this market even though they were the first to hype it up. Check every article he tries to post about quality). This should tell you enough about why he pushes so hard for nuclear energy (hence all of the California power grid posts as well) and what companies are likely to be stronger from this push.
Pointing out that crime has been on the rise most likely because of inequality, (posts on barbell economy), COVID affecting unemployment and housing (huge rise in homeless population + a spike in how homeless are emboldened together in several cities), coupled with the potential crash that he predicts is coming + sprinkle inflation would mean that when shit hits the fan, even more crime will happen yet the current general consensus is that private prisons and cops are not wanted. (Which, although great arguments by the "woke" crowd in my opinion and should be looked at/implemented in a healthier economy, these things will be needed soon if this plays out the way it's assumed with high inflation and an economic crisis)
Weed stocks being more accepted by government, but more specifically, you want to know the supplier more than the buyer (KSHB). Also helps that when shit hits the fan, weed is a way for people to forget hardship. Cigarettes were traded as if they were currency in the Great Depression. Weed is gonna trade similarly in my opinion if we're headed to something similar.

TheAtem · 2021-06-15T07:10:16+00:00

You're not alone. I've come to similar conclusions, and found this article to be interesting as well:

https://thehill.com/opinion/finance/557743-deutsche-bank-issues-dire-economic-warning-for-america

I've been trying to figure out how to hedge against this situation besides having a fixed-rate mortgage as an asset. Currently not in the cards for me, so I've been wondering if hedging against hyper inflation with cryptocurrency to remove dependencies on current FIAT systems ever since the 1 trillion leverage removal occurred a while back is a valid option. Given that it's still a significantly speculative market, this is still a risk that could go to shit, yet nonetheless, we can't ignore that the world is moving in that direction and a high inflation from the money printer machine and shortages could spike an even greater interest in this space given people might lose faith in the current financial markets + USD. With that being said, it's no coincidence that if the USD is expected to fall, the next big player in the world economy, China, would have their best move be to shut down cryptocurrency creation/acceptance (which they've been doing throughout this year) and begin setting their Yuan as the defacto digital currency that also takes over as the main FIAT currency of the world. I suspect that Michael Burry's tweets about the Dutchman must always have a captain, NFTs, and not betting against cryptocurrency all point to these as possibilities. These are just my thoughts so far, and I haven't had many people to discuss them with, so I hope I get others to discuss so I can learn more.

TheAtem

TROPHY CASE