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IG-88 posted:I promise you I'll update as soon as he sells. We're a huge sales team - like 300+ and there's a crypto chat he runs where like 50 of the team are in on and to be honest, he sometimes makes good calls if all you give a poo poo about is making money. I know, I know. (I've yet to follow his advice) You don't hear about the bad calls.
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Aug 25, 2021 10:58
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IG-88 posted:My coworker just bought one of those Punk NFTs for 7k. find out which one it is and use it on all your work profiles
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Aug 25, 2021 13:15
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IG-88 posted:My coworker just bought one of those Punk NFTs for 7k. Aren't they like over a hundred k each now? Unless he bought like a fractionalized piece of one.
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Aug 25, 2021 15:04
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God, this poo poo is so far beyond tulip bulbs and beanie babies now. Truly a new era of scams and grift.
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Aug 25, 2021 15:17
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It's not even limited to just the crypto space. There's speculative bubbles across all sorts of supply limited items with video games and sports cards now selling for $1mm+. Wealthy people have a shitload of money.
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Aug 25, 2021 15:46
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novamute posted:Aren't they like over a hundred k each now? Unless he bought like a fractionalized piece of one. I don’t think there’s much rhyme or reason to the pricing some have. He said it was listed for 10k but talked the guy down. Today he’s hyping up doge punks. This is good.
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Aug 25, 2021 16:27
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arent those reddit pages, and various discords, just massive selection bias and you only hear about SUPA STAR CALLERS successful bets as long as they have code monkey money to throw , and then a new hot new GALAXY BRAIN CALLER replaces the old tool.
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Aug 25, 2021 17:18
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i have some stock in Visa. its been going down the past week or so... okay what's the news on Visa? https://www.cnbc.com/2021/08/23/visa-buys-cryptopunk-nft-for-150000.html quote:Visa jumps into the NFT craze, buying a ‘CryptoPunk’ for $150,000 What in the gently caress... how does this even make sense for Visa to buy this. quote:“We think NFTs will play an important role in the future of retail, social media, entertainment, and commerce,” Cuy Sheffield, head of crypto at Visa, said in a blogpost Monday. Okay what the gently caress does that have to do with Visa....
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Aug 25, 2021 20:01
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What kind of name is Cuy?
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Aug 25, 2021 20:02
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Strong Sauce posted:Okay what the gently caress does that have to do with Visa.... that moron is in a senior (?) position in the company. that's possibly bad. stonk go down
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Aug 25, 2021 20:05
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i thought stonk types loved butts, why would a company doing supposed pro butt things make number go down?
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Aug 25, 2021 20:05
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Stonks and Bitcoin are locked in an eternal war that only one can win.
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Aug 25, 2021 20:07
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Strong Sauce posted:i have some stock in Visa. That story made me think of this image for the first time in years: 
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Aug 25, 2021 20:13
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He's head of crypto at Visa... VP position. https://twitter.com/VisaNews/status/1429745230023208969
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Aug 25, 2021 20:15
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Aug 25, 2021 20:16
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$150,000. What the hell
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Aug 25, 2021 20:17
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Here's to hoping it becomes a historic artifact sooner rather than later. However, this is hellworld, so zedprime posted:Stonks and Bitcoin are locked in an eternal war that only one can win. We can already guess where this is going
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Aug 25, 2021 20:19
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Much like the recent record high "rated" game purchases, I assume NFT stuff is 100% driven by money laundering
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Aug 25, 2021 20:21
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Aug 25, 2021 21:08
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is the art itself actually encoded in the blockchain gor these things or is it another url linked deal?
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Aug 25, 2021 21:11
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punishedkissinger posted:is the art itself actually encoded in the blockchain gor these things or is it another url linked deal? Search your feelings. You already know the truth.
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Aug 25, 2021 21:13
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punishedkissinger posted:is the art itself actually encoded in the blockchain gor these things or is it another url linked deal? it is literally a big sprite sheet and you get a number that points to your sprite
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Aug 25, 2021 21:14
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punishedkissinger posted:is the art itself actually encoded in the blockchain gor these things or is it another url linked deal? It's a json with a url.
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Aug 25, 2021 21:17
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wow that sucks. i was thinking the low res aspect would make it possible to encode. still pointless but at least that be kinda novel.
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Aug 25, 2021 21:18
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I have an idea for a new innovative company that will disrupt the NFT market by issuing NFTs for every existing NFT there is elsewhere. Who's with me?
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Aug 25, 2021 21:21
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CaptainSarcastic posted:I have an idea for a new innovative company that will disrupt the NFT market by issuing NFTs for every existing NFT there is elsewhere. Who's with me? That would loving own
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Aug 25, 2021 21:50
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Looks like OnlyFans isn't going to ditch sex workers after all. Apparently the backlash was severe enough that somebody blinked.
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Aug 25, 2021 23:15
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Captain Yossarian posted:Much like the recent record high "rated" game purchases, I assume NFT stuff is 100% driven by money laundering This isn't actually the case. There is some money laundering taking place but it's driven by a small group of people profiting off a speculative bubble. Watch this documentary about the game collecting bubble it's really great: https://youtu.be/rvLFEh7V18A Basically the founders of Heritage Auctions, WETA, and a few rich guys are behind everything and seeded the bubble by making some outrageous purchases then going on a hardcore stealth marketing campaign. I am pretty sure NFTs are the same and I remember that first Beeple nft was very similar in that Beeple and this other rich dude with a shady group of backers were the buyers.
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Aug 25, 2021 23:16
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D-Pad posted:This isn't actually the case. There is some money laundering taking place but it's driven by a small group of people profiting off a speculative bubble. Watch this documentary about the game collecting bubble it's really great: Yeah I was gonna say a lot of it is probably just essentially fake transactions to make it look like stuff is worth more
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Aug 25, 2021 23:17
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Stefan Prodan posted:Yeah I was gonna say a lot of it is probably just essentially fake transactions to make it look like stuff is worth more e.g. the diamond NFT tweets
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Aug 25, 2021 23:29
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$240 dollars per loving pixel.
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Aug 25, 2021 23:29
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Once again the biggest corporations in the world are waking up to crypto. When will you?
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Aug 26, 2021 00:32
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salt shakeup posted:Once again the biggest corporations in the world are waking up to crypto. When will you? Grifters gonna grift.
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Aug 26, 2021 00:42
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salt shakeup posted:Once again the biggest corporations in the world are waking up to crypto. When will you? Rat poison doesn't stop being rat poison because a rat eats it.
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Aug 26, 2021 00:42
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salt shakeup posted:Once again the biggest corporations in the world are waking up to crypto. When will you? how much have you spent on the jpegs?
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Aug 26, 2021 00:49
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Hello Sailor posted:Rat poison doesn't stop being rat poison because a rat eats it. Well you see, poison is about dosage and even WATER is toxic in large enough quantities. Checkmate, losers 
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Aug 26, 2021 00:52
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Let's tune into all the companies that very publicly announced ~*blockchain technologies*~ back in 2019 and see how they're making out...oh, not a single one of them mention it any more? What a surprise.
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Aug 26, 2021 01:15
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punishedkissinger posted:how much have you spent on the jpegs? I'm not really into collectables. I think NFTs are kinda stupid but so are baseball cards and stamps and people spend millions on them.
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Aug 26, 2021 01:17
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i will not rest until Subway will let me pay for a sandwich in
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Aug 26, 2021 01:48
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salt shakeup posted:I'm not really into collectables. I think NFTs are kinda stupid but so are baseball cards and stamps and people spend millions on them. After you buy a baseball card or a stamp, you still have that card or stamp forever. You have an nft until some rear end in a top hat lets a domain lapse. New grift - 24 hour NFTs. The ultimate status symbol. I sell you a url, put that in the Blockchain, then delete it after 24 hours.
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Aug 26, 2021 01:48
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