Ok, you asked for it

Word by word:
On the roll of thread:
Legendärer Faden
Dieser Faden ist gemacht aus
50% gewinnen
50% lachen aus laut
50% Legende
Das ist 150% Besitzung
Text at the bottom of the picture:
Du bist absenden in einem
As always, makes no sense at all.
Now my try on the logical translation.
Difficult since "thread, lol and ownage" are used in German language (at least the written language especially online) as well. And some words like "win" aren't usually used in that context.
On the thread roll:
Legendäres Thema
Dieses Thema besteht/wird gemacht aus:
50% Sieg/Gewinn
50% lautem Gelächter
50% Legende
Das ergibt 150% Dominanz
Text at the bottom of the picture:
Du schreibst in einem./Du beteiligst dich an einem.
Maybe one of the other German speaking people here cares to take a look at my version and has suggestions of improvement to it.
And then one of you English speaking guys reads that out loud and records it