AMC is listed on Coinbase not yet tradable...... This is BULLISHHHHHHH
By - -Profit_88
ADAM ARON IS THE BEST LEADER AMC COULD EVER HOPED FOR!
Hate to rain on everyone's parade, but it looks like all stocks are listed on Coinbase as non-tradable tokenized assets. Look up MSFT, AMZN, GOOG, and yes, GME on Coinbase and you will find all these stocks listed.
More people need to see this cause he is right lol.
I'd like my award back playa
Yeah…give me one too while you’re at it.
Edit: thanks! That was a joke, but I’ll accept it. Hell yeah!
let me see if this works
thank you kind stranger
/e holy crap it worked, thank you kind strangers
Beggars get.. but at what cost?? 😂
This got me, have another award, fren.
He is right. This is Wendy's
Dude, I went from excited to sad in less than 2.4 seconds. The truth hurts I guess. Back to buy and hodle.
I'm sorry brother ape🦧😥
I sincerely wished it was only exclusive to us too.
But still, we must buy and hodl. And DRS if you can!
Yes my ape; Buy, Hodl, Vote, Shop, DRS!
No one said making millions of dollars is THAT easy! Just hodl but keep checking your app each day lol
Exactly, we r earning our money 💰
2.8 seconds for me. Ugh
After the squeeze, I will choose to remember it the way OP described.
I will not bore my descendants with mundane truth.
That's the spirit, fellow ape! This is the way! 💪🦍
THIS IS THE WAY!
Yes. Is this legit? By amc or by some random dude who wants to profit from it. Don't get too hyped too soon before we know it's legit.
Just checked, tsla, gme, amc all listed as tokenized . Just a mirror price of the stocks
yeah, but what mean?
I translate that as "borrowed" shares leveraged by assets. But I eat crayons so...
I'd say Coinbase wouldn't let any non-legit assets on their platform, but I could be wrong.
Hey - it's never a bad moment to highlight and praise our lovely CEO Adam. That guy is on the frontline all the time, pulling this amc train like it's nothing.
He is the catalyst regardless of this token being real or not. 😁🙌
Most stocks are listed on coinbase as tokenized
Is this the real life
Is this just fantasy
Caught in a banana slide;
No escape for the hedgies...
I’m just a poor boy, I need my tendies.
Because it's easy buy, easy hold.
Diamond hands, never sold.
Anywhere the price moves doesn’t really matter to me (until MOASS)
Mama, just bought more shares.
This rhyming never gets old.
Open your eyes, Look up to the moon and see,
No escape from hedgefund criminality. Open your eyes look up to the chart and see. I’m just a poor ape, I need no sympathy. Because I’m easy buy, easy hold, little high, little low. Any way the line goes doesn’t really matter to me…
Easy tho buy and hold easy to just buy and hold.
He will not ever let em go. Let em gooooo.
Now someone has to make this into a parody
No escape for the Hedgies
I’m just a poor boy, with hopes for some tendies
It was easy come, buy and hold, kenny hoards his mayo.
He should definitely give every share holder a crypto or token, force recall count
............what..... in the fuck..... tokenized stock??
Okay how does that work? Is this the first of its kind? Will it follow the stock?
Its like Gold or Silver/Commodities, except in reverse.
With gold and silver if you hold enough stock, you can "redeem" it for physical, though there's usually a value minimum with commodities (Silver examples, PSLV is like $10k, SLV is restricted to specific institutions)
With Tokens you buy the "Physical" or in this case the Digital Token, and can redeem it for a share if you want at a 1-1 ratio.
So then, what’s the point? If it’s a 1:1 swap with shares and tokens then why do it?
I personally don't know what the advantages or disadvantages or why someone would buy them, I was just explaining what the Tokens are.
I see, well thank you for the explanation!
> If it’s a 1:1 swap with shares and tokens then why do it?
Extremely low fees, being able to trade them via APIs in a way that you'd have to drop tens of millions of dollars on a broker for them not to laugh at you to get access to normally - amongst other things; or put another way the same reasons you'd trade crypto, except it's not crypto.
There are risks, but they're, y'know, (don't sue me, do your dd etc) vaguely low.
It's nothing, it's just to keep track of the stock price on coinbase .Been there for a long time, there is lots of other tokenized stocks. Doesn't mean anything.
Thanks for adding reason to this. Holy shit people jump to conclusions so fast.
Dude got literally every award imaginable for just pointing out that Coinbase has an AMC watchlist
Is this actually linked to AMC officially or has someone created it? No idea on the process of creating a crypto...
Probably not affiliated with AMC. They'd be in a heap of trouble not issuing a presser about it
Quite. Let's wait on confirmation before attending to our tit-jacking duties.
There are a lot of tokenized stocks this post is fake hype doesn't mean shit
This sounds like a scam to fool people.
Although, Some crypto tokens are pegged to their counterpart on the actual stock market. I doubt this is an official token tho
This most likely. I also saw they are creating crypto ETF type things now.
“…pegged to their counterpart”. What does that mean and how does it work?
I really have no experience with any of that and a small understanding but for whatever it’s worth:
Some crypto exchanges have a crypto token that has a value pegged to it’s actual price on the NYSE, for example. I’ve seen some for GME, but it’s like an ERC-20 coin. It’s done using smart contracts, I believe, in the same way “stable coins (USDT, USDC)” and “Wrapped Bitcoin (wBTC)” operate on the ethereum network utilizing the values of other items.
Also, it may be more popular in other countries that don’t have easy access to brokerages. I’m guessing and speculating a lot. Never been interested in trying to trade stocks vía crypto exchanges, this is just my best guess
Someone will need to do a serious DD on that one....
Ok here’s the DD. It doesn’t mean anything and majority of main stocks are listed the same way on coinbase
It's not tradable which means someone just added it to observe is my understanding.
There are lots of legit coins that just aren’t tradable yet on CB
Not this. It’s been on there forever just like every other stock available. It’s so you can view the price of stocks and has nothing to do with tokenizing the stock. Pls don’t say things without knowing. It isn’t helpful and only creates confusion and misinformation
Yes but they're already coins, this isn't.
No man, go eat another crayon
I hope it does but it's a fact that this happens, GME is on there and so is alibaba. They're just a tokenised impression of a stock.
You’re right I just checked this out, there are a bunch of tokenized stocks… APPL, BABA, ARKK, SPY, GOOGL, AMD… this is a weird world I did not know about!
Apologies for discounting you, looks like we are in really good company whatever this means…
All good brother
Try telling that to someone who has been checking AMC charts every 5 min for a year
Coinbase shows most coins, even ones they don't allow to be tradable on their platform.
Is this AMC legit tokenized crypto?
Need to ask papa Aron
and what would this meanfor the our stock ?
if legit token then Im all for it
eventhough I dont know what it means
I just know hedgies have no control over crypto and cant make synthetic tokens
GME has one as well.
It’s already trading. There’s quite a few tokenized stocks trading overseas especially. https://coinmarketcap.com/currencies/amc-entertainment-holdings-tokenized-stock-ftx/
To be fair, that’s been a thing since I initially started digging into it in February and I believe that MAY be part of the fraud. It is not officially related to the stock from what I understand. It was trading on Binance back in February which is why I was very skeptical as that would allow another avenue of speculation…
I’m smooth brain ape someone explain this to me pls
Don’t feel bad bro, we’re all in the same retarded boat lmao
It’s not a big deal guys. There are tons of tokenized stocks. Not huge news.
This isn't what you think it is. This comes up maybe once or twice every other month. It's basically a token created to mirror the stock price. There are all sorts of these tokens that mirror different stocks. It's not affiliated with AMC in any way.
FTX is a Token to use as collateral for future position
I guess this is from coinbase self, to make it possible trade futures for amc, and maybe also other stocks in the near future… I personally don’t think this is from AA… 🤔 but who knows 🙌🙌🙌
Crazy maybe that’s what AA is talking about
OMG. Another App that’s a Ponzi. They will not purchase your shares and you, eventually, will be holding the bag.
They are basically the RobinHood of crypto. This means nothing, tons of stocks are listed on there. You can watch them but not trade them.
Absolutely. Thanks for that comment. 👍
Not financial advice, but you want to only purchase shares through a reputable broker, primarily Fidelity, and route your trade away from the dark pool. That or you want to buy through DRS. Purchasing from anywhere else has the possibility of helping the fuckery
Just checked if you search "stock" loads of other stocks come up... I think this may be a nothing burger
I will lol so hard if amc releases this before gme because theyve been teasing it since June but still no action. I'm not hating gme I hodl both stonks I just hate the superiority complex from the fucksticks at SS im only on there to laugh at Kenny memes and learn on the dd but lately it's all amc hate
GME also has that and has had that since the January run up. I honestly feel like the only true way to trigger moass is if everyone direct registers their shares. That’s how the VW squeeze was triggered. 74.1% of the float was direct registered which in turn triggered the squeeze. It could have kept going but everyone sold. I don’t think an NFT dividend or anything NFT would trigger moass.
Fucking bunch of dopes. Hyping more phony bullshit. Pathetic.
Coinbase is just listing everything right now, including shitcoins, basically acting like coinmarketplace but doesn't mean they're trading it. I had experience with tokenized stocks and they're beyond useless. You absolutely do not own the underlying stock (unless you purchase over a million dollars worth and personally contact FTX exchange so they facilitate a transfer to get those underlying stocks to your desired broker after they themselves contact the actual owner which is CM Equity). Idk why this has 3000+ upvotes because it doesn't mean anything at all for AMC as a stock
It’s not the darkpool chicken sandwich from KFC. I’m really hyped about it.
ADAM AARON LITERALLY INVENTED THE INTERNET! OMG
Not real just looked it up
DO NOT TRUST ANYTHING UNTIL AA CONFIRMS ITS LEGIT. Crypto scammers are everywhere. Don't fall for a fake coin/NFT/NFT dividend or anything until AMC themselves confirm it is 100% legit.
Yeah sorry to be a Debbie downer.. But this is insignificant. Multiple stocks are on coinbase. It’s just a representation of the stock on the blockchain network. The other video game meme stock has been on there since June
EDIT: Other stocks on coinbase: Amazon, Tesla, google, etc.
Going to guess this screenshot was taken when we were trading at that price.
Looks like some weird other way to buy stock.
Time will tell.
True I just checked. Only funded with 6900 dollars so far.
You probably have to buy it through a Nigerian Barrister
sigh. its a tokenized stock. thats it.
Do you even understand what a tokenized stock is? This has nothing to do with a dividend and it's not even made by amc
Probably because they don't want to promise IOUs. And be bag holders if it skyrocket
But I can’t trade it here. Why is this a big deal?
Duuuude what if they gave us all 1 for each share
Its a scam. AMC HASN'T ISSUED ANYTHING GOOFS
This has been the quickest change of emotions I have ever experienced in my life! Excited --> Depressed in 1.5 seconds.
Wait wtf is going on???
what is this? is amc doing their own crypto?
Be careful that this is not some spoof coin. Don't buy till confirmation its genuine
Been like that for months
If AMC makes a coin that's tradaeabke on Coinbase I'm dumping every other coin I have into it.
This means nothing and should be deleted. Please research before posting shit that pushes a false narrative.
Sorry but stocks don't work that way in the US, coinbase is not a brokerage therefore will not be listing any US public company stock in any near future.
If they get registered then maybe but I find it very unlikely they have even considered doing so.
how would i go about purchasing it once it becomes available??
I presume an account of some kind
It’s on coinbase and FTX formally blockfolio
Edit. Just FTX I think
Commenting for the Tea later.
What is this about?
Somebody drop a ELI5
You can watch the stock market on that platform.
Can you confirm ?
Oh my days!!!!!
Is this real?
There is also AMC FIGHT NIGHT in Coinbase 😁😊😊
I can confirm it’s on there
I am hard now
I don't know the purpose of tokenized stocks, but this is legit. I checked Coinbase myself. And it's showing up on CMC.
Just need someone smarter than me to explain what this actually means or the purpose of it.
HOLY DONKEY DICKS!
Whoooooooa hahahaha what!
Edit #1: can confirm it's on Coinbase, but it says it's not able to trade (.....yet???)
How does AMC becoming a crypto even work? Honest question??
Can someone explain what this is, and means? Like I'm 5 pls
And how can I get some lol
Confirms on coinbase.com -> AMC tokenized stock ftx price
Im calling sus. Only because it looked photo shoped. Why is the AMC box not as black as the rest of the page. ???
Because that token has been selected and in most apps like that when you select your selection it normally changes to something else easier to look at the figures or whatever is on that selection
Wait coinbase is crypto. Can you trade stocks on it? Any stock?
#Let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀🚀🚀🚀
I’ve been watching this on tradingview for a while now lol