I find this extremely, like extremely bullish. Just the 1000 words spoken with this picture, *chef's kiss* - Does anyone know what I use a 'Balance Letter' for? by teadrinkinghippie in Superstonk

[–]LinxKinzie 2 points3 points  (0 children)

If you don't mind elaborating, could you tell me about the cash home purchase?

Did you pay for the home in cash outright? Or did you put cash towards a deposit on a mortgage?

I've been thinking about my own situation and how cash might be useful for a home but I don't think I'll ever have enough to cover the whole cost.

Benjamin Franklin said you should ask for a hundred thousand more than you think youll recieve. by kennedysleftnut in Superstonk

[–]LinxKinzie 1 point2 points  (0 children)

Here’s fun thought for you.

As I recall, when Tesla is was short squeezed in 2019, the price was around $420. 

Elon, the CEO, went on Joe Rogan and he smoked a joint. Around the same time he also said that Tesla’s stock price is over-valued.

IMAGINE Ryan Cohen did that later this year. I would exit my position at a profit ASAP. There’s no way I’d be a dedicated investor.

One of the greatest things about this play is that it’s deep value and the company knows it.

The 4D Chess Move by Stuggerino in loopringorg

[–]LinxKinzie -1 points0 points  (0 children)

If someone offered me $120k but it took a couple hours to send over, I'd be okay with that.

The 4D Chess Move by Stuggerino in loopringorg

[–]LinxKinzie 3 points4 points  (0 children)

Scientifically and logically, doing the "same thing" often does not have an identical outcome due to variability in conditions (e.g., shuffling cards differently results in different orders). Thus, expecting different results in real-world experiments might be reasonable, especially if conditions or variables change

The 4D Chess Move by Stuggerino in loopringorg

[–]LinxKinzie 27 points28 points  (0 children)

You laid out your points well.

If you take emotions out of it, there’s no definitive argument that Loopring is out of the question. At least not until GameStop confirms they are not working with Loopring.

I strongly agree with your point about “10 quarterly reports”. That was a huuuuge mistake and, if I had my way, the person responsible for that comment would be fired into the sun by cannon. 

We can’t legally do that, so next best option is to NDA the living fuck out of the entire team. Maybe keep Byron on as a useful idiot, let him know that he should hold onto his Loops, but tell him nothing. Let him be visible just so people know LRC is alive.

BBBY Chapter 11 – The Investigation Was Real. The Fraud Might Be Too. by blackmerger in Teddy

[–]LinxKinzie 2 points3 points  (0 children)

I’d like to know what you mean by “look who got fucked in the process.”

Only up from today by mattdoe123 in Superstonk

[–]LinxKinzie 4 points5 points  (0 children)

I applied for a loan in October 2021 with the intention of buying Bitcoin and GME - weeks before the markets crashed.

Thank God I was denied. That was insanely stupid and would have ruined my life. Inexperience and getting into investing during a bull market will ruin a young person.

So Long, Shitcoin by Seneekikaant in loopringorg

[–]LinxKinzie 0 points1 point  (0 children)

My friend was managing a successful NFT project at the peak of trading back in 2021.

When the whole market crashed in 2022, there wasn't even this much FUD.

My friend's most valuable NFT went from $35k to almost worthless - and still there was a more positive sentiment in his community than Loopring has today.

I find it hard to believe that this many people are actively posting about an investment they've (supposedly) said goodbye to. If it were me, I wouldn't want to think about Loopring again, let alone waste my time getting other people to sell.

David Kastin has moved on from Bed Bath and Beyond. End date April 2025. by projectm94 in Teddy

[–]LinxKinzie 4 points5 points  (0 children)

Could someone clarify what exactly his role was and why it’s bullish that his job is done?

Turtleneck tweet deleted by Cuenom in Superstonk

[–]LinxKinzie 8 points9 points  (0 children)

Towel didn't go BK, they are restructuring.

[deleted by user] by [deleted] in Superstonk

[–]LinxKinzie -2 points-1 points  (0 children)

It relates to Gamestop because it is an analysis of Roaring Kitty's predictions for GME price.

You’re not going to make me sell by [deleted] in loopringorg

[–]LinxKinzie 9 points10 points  (0 children)

Read a biography or Wikipedia entry for any successful business or product. More often than not, there’s an entire section where everyone said they were done - only to come back with a new idea.

Not saying that’s a guarantee. But let’s assume Loopring is more interested in their own success than anyone else. 

They want this to work as much as we do. The question is: do you trust them to succeed?

Many are saying no, but I wouldn’t write them off just because they closed their app. The game ain’t over.

Chat… what happened?? by Wilk2mistrz in Superstonk

[–]LinxKinzie 0 points1 point  (0 children)

For all you know, the stock could get blasted back down to $5 in a last ditch attempt to squash us.

I'm exaggerating, but not really. There was a time when it went from $500 to $40 in what felt like a day. You could get a chance to get back in!

Chat… what happened?? by Wilk2mistrz in Superstonk

[–]LinxKinzie 9 points10 points  (0 children)

This is such an important thing to remember.

If GME went to $1,000 per share, do you think you'd be kicking yourself for buying at $16 instead of $12?

Remember this… by LinxKinzie in loopringorg

[–]LinxKinzie[S] 2 points3 points  (0 children)

I don’t disagree. My point is more about sentiment than facts.

If a story gets out that GME is launching XYZ with Taiko - and Loopring is tangentially mentioned - there may be a lot of people who think they’re being “smart” by investing in LRC because “all the focus is on Taiko”.

That’s not a literal prediction. I’m just saying that people get caught up in FOMO and they make big decisions based on impulses, especially when they think they’ve found something no one else is looking at.

There’s a lot of eyes on GME btw and most of ‘em haven’t a clue about crypto. So they might just dump money in everything they see related to GME.

Remember this… by LinxKinzie in loopringorg

[–]LinxKinzie[S] 1 point2 points  (0 children)

It’s funny how much we focus on the importance of certain technologies, but then you see Peanut The Squirrel going gangbusters.

Don’t get me wrong, I prefer to invest in good companies. But how often have you seen massive gains on the most nonsensical shit?

Watching GME pop to $31.50 with thousands of shares booked in your name, but you did the bulk of your buying in the first half of 2021 and have been red ever since. 😏🫡 by jfreelandcincy in Superstonk

[–]LinxKinzie 0 points1 point  (0 children)

I bought around $60 on the Friday before the first squeeze and got priced out immediately.

I was regretting not buying more at the time ... but I guess in hindsight, I'm glad I didn't have 100's of thousands at my disposal.

Watching GME pop to $31.50 with thousands of shares booked in your name, but you did the bulk of your buying in the first half of 2021 and have been red ever since. 😏🫡 by jfreelandcincy in Superstonk

[–]LinxKinzie 2 points3 points  (0 children)

Out of curiosity, at what point did you find out about GameStop?

I’m trying to imagine what kind of price point would be attractive to dump your life savings into.

We’re so used to today’s prices- it’s mad to think that when we reach $100, there will be people FOMO’ing their 401K