They are preparing for the NFT dividend. Get in now before it's too late. It's a fire sale right now.
The next shareholder meeting (June 9th) the vote on the stock split will go through.
theoretically, one stock is worth infinite amount of money. I highly recommend everyone to have at least one.
For people who don't know, it has potential to be infinite because you get to sell it for what you want when shorts have to buy it back. The theory is there at 10 synthetic shares for every real share. Shorts HAVE to cover. And even if there isn't that many synthetics, if there is at least 1 real for every fake, it's still infinite potential.
I own quite alot of GME myself. The MOASS or infinite losses being described is a possibility no doubt and a reason why so many jumped in. Keep in mind if.....infinite losses occur, this sounds like, YES we are all wealthy monetarily, however a complete and total market and currency crash is also a very likely outcome. Take that for what its worth, noone knows its never happened. But having millions of worthless dollars is something to keep in mind. Which should mean the smart ones immediately re divest into other options of value, not a Fiat currency.
My speculation is the GME wallets will be the "buckets" to capture the new currency of the next 50 years. They will be used for company dividends, GME tokens, stable coins, DAO governance models for voting on ideas/projects, NFT'S and a way to crush the shorts with their synthetic "shares".
You will have a unique footprint on the blockchain that cannot be counterfeited. It's your GME fingerprint. It's an attempt to have a pure financial corporate model (or at least a step up from the whorehouse that is Wall Street today).
I havent dove too deep in the NFT and blockchain plans gamestop has going. I tend to revert back to extreme hesitation if we are actually faced with a currency dissolution and another replacement relies on electricity for access. Ill be converting Fiat to tangibles and tradeables. All very reasonable speculations there though and I think it would be prudent to see how those play out if this all rolls out as the "apes" are speculating.
They are preparing for the NFT dividend. Get in now before it's too late. It's a fire sale right now.
The next shareholder meeting (June 9th) the vote on the stock split will go through.
theoretically, one stock is worth infinite amount of money. I highly recommend everyone to have at least one.
For people who don't know, it has potential to be infinite because you get to sell it for what you want when shorts have to buy it back. The theory is there at 10 synthetic shares for every real share. Shorts HAVE to cover. And even if there isn't that many synthetics, if there is at least 1 real for every fake, it's still infinite potential.
I own 53 shares. So you’re saying this small piece could have me set for life? I’m really trying to understand.
I own quite alot of GME myself. The MOASS or infinite losses being described is a possibility no doubt and a reason why so many jumped in. Keep in mind if.....infinite losses occur, this sounds like, YES we are all wealthy monetarily, however a complete and total market and currency crash is also a very likely outcome. Take that for what its worth, noone knows its never happened. But having millions of worthless dollars is something to keep in mind. Which should mean the smart ones immediately re divest into other options of value, not a Fiat currency.
My speculation is the GME wallets will be the "buckets" to capture the new currency of the next 50 years. They will be used for company dividends, GME tokens, stable coins, DAO governance models for voting on ideas/projects, NFT'S and a way to crush the shorts with their synthetic "shares".
You will have a unique footprint on the blockchain that cannot be counterfeited. It's your GME fingerprint. It's an attempt to have a pure financial corporate model (or at least a step up from the whorehouse that is Wall Street today).
Hold.
I havent dove too deep in the NFT and blockchain plans gamestop has going. I tend to revert back to extreme hesitation if we are actually faced with a currency dissolution and another replacement relies on electricity for access. Ill be converting Fiat to tangibles and tradeables. All very reasonable speculations there though and I think it would be prudent to see how those play out if this all rolls out as the "apes" are speculating.
Do you know there are more than 10,000 cryptocurrencies that have been created over the past few years, and MOST of them have gone bust?
One dropped 98% in value in ONE DAY, just a week or so ago.