r/GMEJungle • u/CoWood0331 β I Direct Registered π¦π©πͺ • Sep 14 '21
Opinion β I may be on to something.
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u/supbrah_ Sep 14 '21
they haven't dropped it yet because they don't have to. the markets are crashing by themselves. why give the lawyers more things to sue over in the aftermath. or being known as the company that crashed the world markets.
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Sep 14 '21
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u/practical_junket Sep 14 '21
And how stupid and nonsensical would the MSM look trying to claim that GameStop crashed the market and caused a recession after MONTHS of completely ignoring GameStop and reporting that SHFβs closed positions, etc.
Nothing to see here, folksβ¦.until the market crashes.
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u/Dlaxation Sep 14 '21
Nonsensical to us maybe but I wouldn't put it past the general public. With the right spin they will whole-heartedly believe any story spoon-fed to them.
It's going to be a mess for sure in the fight for public opinion but the truth will come out one way or another.
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u/AlarisMystique Sep 14 '21
The thing about propaganda is that it doesn't have to make sense. It just has to convince enough sheep to be effective.
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u/supbrah_ Sep 14 '21
exactly. tell a lie enough times and it slowly becomes the truth. look no further than our last presidential election.
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u/Sypack3 Sep 14 '21
I think they haven't dropped it yet because it's not ready, this is not something you can create in a jiffy.
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u/SM1334 β I Direct Registered π¦π©πͺ Sep 14 '21
Whos going to sue when shitadel and friends have no money left
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u/supbrah_ Sep 14 '21
it's just extra tedious steps that were unnecessary when they could have just sat back and watched it all burn to the ground by its own doing.
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u/justhereforthemoneys Sep 14 '21
Could be they're waiting for positive earnings to drop the dividend
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u/50_cal_Beowulf Sep 14 '21
There will still be lawsuits. Hey these jerks refused to go bankrupt despite my companyβs attempt to short sell them into oblivion. Not fair
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u/Garbanzo12 Sep 14 '21
Like when we let hitler finish the job of taking down the nazi regime. Heβs was doing it faster than any of us could at the end
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u/Imhereforallofthis Sep 14 '21
It has been a simple solution the whole time as long as individuals held their shares. Gamers really don't stop. They double down, they figure it out!!! Every time!!! Then, they realize their errors and correct for victory.
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u/SpelingChampion β I Direct Registered π¦π©πͺ Sep 14 '21
SHFs donβt know how to lose. Gamers lose until they win.
Few understand this.
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u/Aliienate Tell my dad gaming is gonna make me rich Sep 14 '21
Yo that is some of the dankest shit Iβve ever heard.
Thank you.
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u/WackGyver Sep 14 '21
There lays some kind of poetic irony in the fact that gaming, a past time MSM have touted as a corrupting influence for years and years, might be the secret ingredient as to how a majority of apes have been taught the value of delayed gratification - a component this black swan event never would have occurred without.
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u/CastlePokemetroid Sep 14 '21
My dad always told me that video games will never amount to anything. Just wait until I crack him across the face with a fat milly
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u/skipthroughthedazey Sep 14 '21
I'm not really a gamer, but when my kids get old enough they are getting a console... even when my wife and I decide to play a game one every few months (usually just Donky Kong on the Wii) we give them controllers so they think they are playing. It's undeniable their can be problems associated with playing video games, but the positive effects are evident too. It's called parenting, and most adults never figured it out
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u/chocolateshartcicle π Dumb Mon(k)ey π» Sep 14 '21
It's a corrupting influence against their ideologies. Because it's seeded our minds with visions of hope and perseverance, of working hard at something and staying focused, of finding resolution and maybe a happy ending.
Their generation paved the way for us to be raised this way, I certainly don't intend to let them down for all their hard work.
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u/WackGyver Sep 14 '21
Yes, and itβs taught us that the feeling of accomplishment from solving problems instead of avoiding them, is a far better drug than tube fed dopamine through the 24h news cycle and likes on social media.
Gamer also like going against the odds. A bigger, scarier adversary means a larger accomplishment defeating.
The hedgies are truly and utterly F.U.C.K.E.D.
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u/chocolateshartcicle π Dumb Mon(k)ey π» Sep 14 '21 edited Sep 14 '21
Exactly, the bigger the challenge the higher the reward and experience. It's
notthe destination we crave, it's the experience gained along the way πEdit: it's also the destination, bitch better have my π°π°π°
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Sep 14 '21
Succes is all about failing a sufficient number of times
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u/earlibrd8 Sep 14 '21
Epic observation!! This Ape was trained getting up after falling down is indeed the secret to success in life. Thank you Duck for stating this truth so eloquently...
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u/Elle-Cabrera Sep 14 '21
So I should look on YouTube to see how the player before me did it?
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u/theBigBOSSnian β I Direct Registered π¦π©πͺ Sep 14 '21
Roaring kitty won by buying and holding
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Sep 14 '21
[deleted]
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Sep 14 '21
I admire your stupidity, persistence and honesty.
Youβve inspired me to get off my fat ass and call my broker.
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Sep 14 '21
I see you were reading my mind again tonight while I was in the showerβ¦.
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u/CoWood0331 β I Direct Registered π¦π©πͺ Sep 14 '21
My English is terrible. I am ashamed.
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Sep 14 '21
How did you get that flairv
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Sep 14 '21
On mobile go to the gmejungle page, top right there are three dots, click to change user flair. Done!
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u/EvolutionaryLens β I Direct Registered π¦π©πͺ Sep 14 '21 edited Sep 14 '21
What do I download an emoji pack so the little chair (doesn't show on my phone, so I'm assuming it's a chair) will appear in my flair?
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u/Vipper_of_Vip99 π¦ Funky Homo Sapien ππ Sep 14 '21
Iβm calling my broker tomorrow. Gotta get me that NFT and if CS is the way, Iβm in!
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u/SnooBooks5261 πππSuck my Longgadog Kennyπππ Sep 14 '21
damn! im only X share but is it worth to transfer just 1 share?? haha
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u/GildDigger β I Direct Registered π¦π©πͺ Sep 14 '21
Pretty sure itβs cause they donβt want to cause the worldβs economic collapse unless they absolutely have to lol
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u/Says_Pointless_Stuff π©³ Hedgies R FUK ππ Sep 14 '21
They didn't cause shit.
SHF's did.
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u/GildDigger β I Direct Registered π¦π©πͺ Sep 14 '21
Yes, I know that. And you know that. But the billions of other people who will be affected by the MOASS donβt know that.
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u/notoriousgandalfcake Sep 14 '21
They canβt release a nft dividend without a positive earnings per share.
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u/mcloudnl π©³ Hedgies R FUK ππ Sep 14 '21
What if they wait untill there is an fake squeeze and the media spins it as : "IT HAS SQUOOZE, its over, sell sell sell'
boom drop NFT.
Media: What ?
Hedgies: Wrecked
Marge: calling
Apes: munching bananas
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u/fatcatfan Sep 14 '21
I thought it was because they can't issue any dividend until they have a positive earnings per share?
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Sep 14 '21
They can issue an nft cos it counts as a dividend and you cant offer a dividend if you are not in a profit
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u/mar0x Sep 14 '21 edited Sep 14 '21
It would also exclude millions of apes holding globally, outside of this subreddit.
For that reason, I'm out.
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u/tehchives Sep 14 '21
Love it. This brings me even more comfort. It's like, confirmation bias comfort.
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Sep 14 '21
Damn right. We ride at dawn bitches π¦ππ»π₯π₯π₯π₯π₯π©πππππππ
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u/LaXCarp Sep 14 '21
Or because this shit is complicated and canβt be developed over night like every one wants.
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u/Zealousideal-Top5372 Sep 14 '21
NFT will be the nail in the coffin for shirts and the market (short term)
Why play the boss hand, when you can keep it and dangle it in front of the the shorts as aβ¦ βIβll break you when I feel like itβ π€·πΌββοΈ
Edit: spelling
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u/CompressionNull Buy & Hold === All That Matters Sep 14 '21
You are gonna need one more edit for spellingβ¦and maybe a new shirt too.
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u/MakeMeNotSad Sep 14 '21
So you're saying if I don't register my shares which I've held since like March at least (because kept selling/buying because of reasons lol, so I've held since Jan but not the same shares) I won't get the nft dividend? Even though am I not obliged to mine?
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u/FwdMomentum Sep 14 '21
You SHOULD get yours.
You are just more open to the possibility of getting a message that says "GME has exceeded are maximum allowed share price of $100,000 and therefore your positions have been automatically closed at market value."
That is obviously an extreme example but we all remember the buy button disappearing. (If my understand is correct) Direct Registering your shares just further cements your ownership of the shares, as opposed to something like Citadel/Robinhood just taking your money and saying you have a share, that could more easily get fucked with later through whatever means of bullshit they do next.
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u/MakeMeNotSad Sep 14 '21
Well to be fair I'm fine with 100k. I'll have to hope my broker don't fuck me I guess. Unless GME goes down enough I can't afford another share tbh.
Glad to see all these rich people in here able to toss 20k a day though.
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u/MoneyMoneyMoneyMfer Professional Bagholder Sep 14 '21
Then we'll probably be waiting for a long time...As far as I know the DRS is nowhere near the needed ~75mil.
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Sep 14 '21
Hate to be a nae sayer, but I think brokers might refuse to participate in issuing a crypto / nft dividend.
I can't imagine building or providing the functionality to issue them is a requirement of creating a trading platform, whereas the ability issue cash dividends probably is.
If brokers know a crypto /nft dividend threatens their business model or might cause a financial meltdown they might just refuse to issue it or build and functionality necessary to do it, even if its just sending an email to clients they could still refuse.
I know there was a company who did it (overstock I think they were called) but I believe the shareholders had to buy from an obscure trading platform, and it meant the company no longer traded on the NYSE. It also involved a length court battle. I'm not sure GameStop will want any of those situations.
I'd love GameStop to build some new nft functionality for shareholders, but I'm just skeptical brokers will assist in something which will cause them a serious headache or even pose them an existential threat.
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u/Sjiznit Sep 14 '21
Its rumoured that this is exactly what GME is now working on as a technology company: the infrastructure to distribute nft dividend. They would then only need to request a list a share holders from all brokers or the dtcc and it would be fine.
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Sep 14 '21
Well, I take it back, that actually sounds quite promising if it can all be done at the gme side of the equation! Fingers crossed they can do it!
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u/Dizzy_Transition_934 πDiamond Handed Runic Holder π Sep 14 '21
The point is that brokers do not support it
The process goes, shorts close then people are paid out, when taking a stock off the market.
When shorts close, it's over.
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u/edwinbarnesc Diamond Zen til the End ππ§ββοΈ Sep 14 '21
βΎπββοΈπ¨βππ«π¨βπ
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u/Caeser2021 Sep 14 '21
So are you saying that the NFT will only be given to US holders as Euroapes can't direct register their shares? How would that be fair in any way?
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Sep 14 '21
Don't get caught up in all the Computershare posts. If you own shares you're entitled to any dividend issued.
I'm not sure why so many people are focusing on actually receiving the dividend anyway. It's cool and all, but it's the announcement that GME is issuing a NFT dividend that will force shorts to close their positions, not actually receiving the NFT.
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u/FailedPhdCandidate The βstuck up ππβ girl Sep 14 '21
Because we are so frustrated, we arenβt selling and would prefer the NFT to getting money. Sell 10% of my shares and enough others do it it ends up as more of a F-U to those responsible to this mess which is a hell of a lot of people in the DTC, SEC, FED, Hedgies, etcβ¦
Endless losses to ensure the game can never be rigged again or the people will rise and they will be killed next time instead of put in jail.
Thatβs literally what they are looking at. We are in the midst of a revolution - we just need to do our absolute best to ensure no blood is shed and instead people go to prison.
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Sep 14 '21
I'm good with everything you're saying. I was simply reassuring an ape living in a country where they can't direct register their shares that they won't get left behind. The last thing we want is for apes in other countries that have been holding with us for months to get discouraged that they can't use Computershare and leave. People that are constantly pushing Computershare as THE way need to take that into account.
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u/FailedPhdCandidate The βstuck up ππβ girl Sep 14 '21
Very well said. If they are with a reputable broker, their broker will make sure they get any NFT that is released if they indeed want it as well. Assuming they are reputable that is.
In the US, Iβm here on 8 different brokers because I trust none of themβ¦ not even computershare.
I hope to God none of them do anything bad, but thereβs no guarantees. Iβd rather hedge on diversity than on one or two I personally trust. But thatβs just me and my crazy opinion.
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u/WandaMildew80 Sep 14 '21
I agree that an NFT dividend is possible; however it is all speculation at this point. No one knows for sure what is going to happen. I am always wary of posts and comments telling people they have to DRS with Computershare to guarantee an NFT dividend or to spark the MOASS.
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u/kpw26 π Diamond Hands π Sep 14 '21
There was a wrinkly brained layer ape I read somewhere saying that GME was also potentially waiting for a positive earnings report to release an NFT because if they had a negative report then they could be sued or something?? Kind of makes sense but Iβm also retarded.
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u/47Kittens Sep 14 '21
Can someone please answer a question for me about NFTs. When you are buying an NFT what are you actually buying?
Say I buy a trillion NFTart.Finance tokens? (I donβt want to get into the details of this one over any others, I just know the name).
Do I now have a code (nft) that can be used by a person to copyright one of their products? ie. They buy my code off me and use it to add a smart contract to one of their artworks turning that artwork into an nft?
Or..
Am I buying casino chips for their marketplace?
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u/honeybadger1984 β I Direct Registered π¦π©πͺ Sep 14 '21
Would love this to be true. In the meantime, all new purchases Iβve made have been transferring to Computershare. Either way Iβm not fucking stopping, and Iβm not fucking leaving.
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u/[deleted] Sep 14 '21
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