NFTs
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- neverscared2
The NFT bubble is beginning to burst, says the man who was one of the few to see the 2007–2008 financial crisis coming in a book some consider one of the most influential since World War II.
- Just another get rich quick American Ponzi scheme.utopian
- I'm ready with a huge "told you so" when that happensgrafician
- I believe that many of us said the same thing...at least I did.utopian
- ....and yet only I was getting all the hate ;))grafician
- many of us don't continually post about things we don't likekingsteven
- It has to burst. But NFTs are not going to disappearmicrokorg
- of course they will not vanish.. paris hilton needs to make moneys...neverscared
- lol at grafician still not understandingimbecile
- just getting you to say it you imbecile :)grafician
- I'll be right there w you with my big *POOF* laughter. Ain't gonna be too long now.formed
- lol, nobody cared about your predictions, argued against you, or gives a fuck now, so your "told you so" is nothing but your own masturbatory nonsense for suremonospaced
- sted2
- microkorg3
- AwesomeYakuZoku
- Venntasticnb
- more freelance work for the others then...:)neverscared
- microkorg0
Something like $170m pissed up the wall last night on gas with folk trying to buy (land?) on 'Otherside'. A new project by those behind BAYC.
Hardcode BAYC saying 'this is fine' and still buyin' up $ape. Seems like Stockholm Syndrome to me.
Everyone else alledging this botched project was set up to fail from the start as an excuse to set up $ape on it's own chain.
Big drama in the NFT world!
- neverscared0
the best thing about crypto is that it will eliminate those fees we have to pay to banking middlemen
https://pbs.twimg.com/media/FRoq…
https://pbs.twimg.com/media/FRor…
https://twitter.com/molly0xFFF/s…
- shapesalad-6
- Internet Rule #256 - There's enough content out there to build a case for any and every claim you care to imagine.
[See also: Rule #23 - Truth is opinion]Morning_star - proximity matters.... eco nazisneverscared
- Sass is also a coding nerd speak. So it's a bit offensive that's even stipulated.atomholc
- So, Nazis branding people of colour as apes but then identifying as the apes?microkorg
- I don't know, I just saw the website.shapesalad
- Internet Rule #256 - There's enough content out there to build a case for any and every claim you care to imagine.
- grafician-1
- first day they got 150 nft wallets registered... that is LOW.shapesalad
- Krassy2
NFT sales are tanking and down 92%
- As predicted
Clownsgrafician - That's a great one-sided article.microkorg
- it´s inside not one side..neverscared
- As predicted
- neverscared1
What Is Happening to the People Falling for Crypto and NFTs
The latest ape sale took place last weekend, and it was a disaster from top to bottom. Huge demand overloaded Ethereum, the open-source blockchain that hosts the Ether cryptocurrency and had been developed to be a more capable crypto system than Bitcoin. The technology’s shortcomings led to thousands of people paying about $180 million collectively in transaction fees. Some appeared to pay more in fees than what they paid for the NFT. They were the lucky ones; some paid steep transaction fees only to see their ape purchases fail for unknown reasons. (Yuga said it has refunded money spent on failed transactions.) Still others suffered various hacking and phishing scams. Meanwhile Yuga, whose backers include some of Silicon Valley’s biggest venture capital firms, generated at least $320 million in sales. Sales of what? Oh, plots of “land” in Otherside, a virtual world that might come out soon.
- Clownsgrafician
- NFT’s are lame as fuckPhanLo
- All these clowns wil be wishing they saved their money. The party is ending. The ugly lights are coming on.nb
- i´am not so confident.. it still seems to hustle pretty well https://www.theguard…neverscared
- only for the upper echelons i guess...neverscared
- Gonna be a big *poof* in the not-too-distant futureformed
- My mate has made loads of money off them, but he’s not an artist. He just trades them.PhanLo
- that must be a traders dream.. generating some art with a couple of words and A.I and then getting richie rich.. artists = obsolete.neverscared
- None of this will age well... It was all just another hustle to gaffle money from peeps. Been sayin' it all along.jonny_quest_lives
- I think the top was in when I was unfollowing artists daily as they announced their new NFT collabs.jonny_quest_lives
- When you spend hundreds of millions of dollars on an NFT market place but the majority of NFTs were just fraudulent wash trades by like ten coconspirators.neverscared
- https://pbs.twimg.co…neverscared
- Nuts the money pissed up the wall in gas alone for this project.microkorg
- microkorg1
- No.palimpsest
- the squirrel will be the collateral in the extinction from the co2 emissions of the big ones...neverscared
- @pali sold anything yet?grafician
- Only my soul to greed.palimpsest
- neverscared0
More broadly, one analysis from the Alan Turing Institute, which focused largely on data from OpenSea, found that 75 percent of NFTs that sell at all go for less than $15, while the majority never sell in the first place. Only 1 percent traded above $1,500. “It’s very clear that very few people can really go over $1,500 in selling,” says Mauro Martino, head of IBM’s Visual AI Lab and one of the researchers on the analysis. “It's not a magic place where everybody becomes rich. It’s really much the same reality in any other type of business.”
- yes. and that's why qbn is free and the last bastion of freedom and liberty. all hail the qbn coin.shapesalad
- Very few artists can sell a physical piece for over $1500 either.
OpenSea is an open marketplace, meaning anyone can post any shite.microkorg - Have a look around OS. 98% shite.
Stats for 'invite only' platforms like Foundation/KnownOrig... would tell a different story.microkorg - knowing origin has a lot shit floating around...90%neverscared
- microkorg0
Beeple & Madonna Collab on SuperRare
WTF?!- as if madonna needs more cash. fucken grossinteliboy
- oh, "All proceeds to benefit: The Voices of Children The City of Joy Black Mama’s Bail Out"inteliboy
- ART! Not really.face_melter
- Artwork looks like it's been done by a horny schoolboy that's a 3D whizz.microkorg
- neverscared0
https://twitter.com/ConanOBrien/…
Just had to tell my kids their inheritance is all Mr. Bean NFT’s.
- Salarrue1
NFTs Are Put to New Use in China, Countering Censorship During Pandemic Internet users are turning to blockchain technology to prevent content including images, videos and social-media posts from disappearing
- grafician-4
- the never-ending stories of rubes being duped out of the pixellated goat cocks they bought with their kid's college fund or whatever continue to be hilarious.face_melter
- never spend more than you can afford to losemicrokorg
- don't care. anyone involved in this garbage deserves to ripped off.face_melter
- lol faceMrT