this post was submitted on 16 Oct 2023
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DRS Your GME

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GME is likely to drop below $10 before 2024 (lemmy.whynotdrs.org)
submitted 2 years ago by iofhua@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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The price drop is because of market manipulation and the current price doesn't represent fundamentals. We all know GME is worth more.

But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.

https://www.reddit.com/r/Superstonk/comments/179hajz/wild_the_current_regression_fit_from_june_14th_of/

I don't think it will actually hit 0 but I know I'm going to be buying more in November and December.

Point is don't let this rattle you. I bought my first share at $448.30 so why wouldn't I buy more at $1?

The finish line isn't out of reach any more. We're going to lock the float, and we're going to do it fast. Buckle your seatbelts.

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[–] neshura@bookwormstory.social 10 points 2 years ago (2 children)

I think NFT has potential, don't get me wrong. But the waters have been poisoned because the people invested in it put the cart before the horse. NFTs were sold because they were NFTs, not because the product was great. What would really be needed is either of these two:

  • a good game which is sold as an NFT itself, no crypto transactions withing the game, just ownership.
  • a set of games with overlapping tools which can be traded and shared via a crypto wallet. This is, imo, a lot harder to pull off and more something to do once the concept of NFTs as legitimate ownership structures has been established
[–] Gradually_Adjusting@lemmy.world 5 points 2 years ago

Firmly agree. Point one is foundational, and the second can only come when that foundation is built.

[–] MozooZ@lemmy.whynotdrs.org 3 points 2 years ago

You may be interested in a game called Hytopia, fwiw, when it comes to "web3" and gaming.